14.452 Macroeconomic Theory II, Spring 2006

 

 

 

 

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Lecture Notes

Only a subset of Lecture Notes is available for select topics.

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TOPIC

NOTES

SLIDES

1

Fluctuations. Organization of the course, and facts

(PDF)

(PDF)

2

Fluctuations. Shocks, Uncertainty, and the Consumption/Saving Choice

(PDF)

(PDF)*

3

Fluctuations. Introducing a Leisure/Labor Choice in the Ramsey Model. RBC models.

(PDF)

(PDF)

4

Allowing for non trivial investment decisions.

(PDF)

 

6

Introducing money

(PDF)

 

7

Introducing Nominal Rigidities. A Static Model

Corrections

(PDF)

(PDF)

 

 

8

Dynamics, Fluctuations, and Nominal Rigidities'

 

(PDF)

 

 

 

More on Price Setting, and Policy Implications

(PDF)

 

 

Notes on RBC

(PDF)

 

*denotes updated version.

 


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