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Advanced Macroeconomics

I teach first-year advanced macroeconomics physically and virtually.

I pay special attention to growth (since it is the most relevant topic for Japan)

Please email me if you want to participate. 

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The topics covered in the course include, but are not limited to:

  • Infinite Dimensional Optimization (Sequential and Dynamic programming approach, necessity of TVC)

  • Solution methods (linearization and discrete DP)

  • Basic Equilibrium Concepts (AD, Sequential market equilibrium, Recursive equilibrium)

  • Exogenous Growth Theory.

  • (Semi-) Endogenous Growth Theory (Reduced-form approach and sectoral implication)

  • Endogenous Technological Change

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I plan to cover various specific applications including Hayashi-Prescott (2002 RED); Takahashi-Takayama (2022, WP); Nakajima(2008, JWE); Peters and Walsh(2021, WP), and; Atkeson and Burnstein(2019, JPE) and more.

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