Advanced Course in Economics V

lecon2705  2018-2019  Louvain-la-Neuve

Advanced Course in Economics V
5 crédits
15.0 h
Q1 et Q2
Oikonomou Rigas;
  • Slides and computer programs are available on Moodle.
*Aiyagari, R., Marcet, A., Sargent, T.J. and Seppala, J. (2002) ''Optimal Taxation without State-Contingent Debt'' Journal of Political Economy, 110, 1220-1254
Angeletos, G-M (2002) ''Fiscal policy with non-contingent debt and optimal maturity structure'', Quarterly Journal of Economics, 27, 1105-1131
Buera F. and J.P. Nicolini (2004) Optimal Maturity of Government Debt with Incomplete Markets, Journal of Monetary Economics, 51, 531-554
Campbell, J. (1995) ''Some lessons from the yield curve,'' Journal of Economic Perspectives 9, 129-152.
*Chari, VV. Christiano, L. and Kehoe, P. (1994) ''Optimal Fiscal Policy in a Business Cycle Model,'' Journal of Political Economy, 102, 617-652
*den Haan, W. and Marcet, A. (1990) ''Solving the stochastic growth model by parameterizing expectations'' Journal of Business and Economic Statistics, 8, 31-34.
Devereux M. and Sutherland, A. (2011) ''Country Portfolios in Open Economy Macro Models''  Journal of the European Economic Association, 9(2), 337-369.
Faraglia, E, Marcet, A and Scott,A (2008). ‘’Fiscal Insurance and Debt Management in OECD Economies’’ Economic Journal, Royal Economic Society, vol. 118(527), pages 363-386, 03
Faraglia, E., Marcet, A. and Scott. A (2010) In Search of a Theory of Debt Management , Journal of Monetary Economics, vol. 57, (7), 821-836.
Faraglia, E., Marcet, A., Oikonomou, R. and Scott. A (2014 (a)) Optimal Fiscal Policy Problems with Complete and Incomplete Markets: A Numerical Toolkit, mimeo
Faraglia, E., Marcet, A., Oikonomou, R. and Scott. A (2014 (b)) Government Debt Management: The Long and Short of It, mimeo
Farhi, E. (2010)  Capital Taxation and Ownership when Markets are Incomplete.  Journal of Political Economy 118(5): 908-948.
Greenwood, R. and Vayanos, D. (2010) Price Pressure in the Government Bond Market American Economic Review, PP 585-590.
Judd. K., Maliar, L., and Maliar. S (2011 (a))  Numerically Stable and Accurate Stochastic Simulation Methods for Solving Macro Models,  Quantitative Economics 2, 173-210
Judd. K., Maliar, L., and Maliar. S (2012) Merging Simulation and Projection Approaches to Solve High-Dimensional Problems NBER  paper 18501
Krueger, D. and Kubler. F (2004) Computing equilibria in OLG economies with stochastic production , Journal of Economic Dynamics and Control 28, 1411-1436
Lustig. H., Christopher Sleet. C., and Yeltekin. S (2008) 'Fiscal Hedging with Nominal Assets',  Journal of Monetary Economics 55, (4), 710-727
Lustig. H., Christopher Sleet. C., and Yeltekin. S (2011) '' How does the US Government Finance Fiscal Shocks'', American Economic Journal: Macroeconomics 4, (1), 69-104
Marcet, A and Marimon. R (2012) ''Recursive Contracts''   Mimeo
Marcet, A and Scott. A (2009) ''Debt and Deficit Fluctuations and the Structure of Bond Markets''  Journal of Economic Theory  144, 473-501
Marcet, A and Singleton. K (1999) ''Equilibrium Asset Prices and Savings in a Model with Heterogeneous Agents, Incomplete Markets and Liquidity Constraints'',  Macroeconomic Dynamics,  3, June: pp 243-276.
Schmitt-Grohe. S. and Uribe. M (2004) Optimal Fiscal and Monetary Policy Under Sticky Prices, Journal of Economic Theory, 114 198-230
Scott, A. (2007) ''Optimal Taxation and OECD Labor Taxes'' Journal of Monetary Economics, 54 (3), 925-944
Siu. H (2004) Optimal fiscal and monetary policy with sticky prices Journal of Monetary Economics, 51, 575-607
Shin, Y. (2007) Managing the Maturity Structure of Government Debt, Journal of Monetary Economics, Journal of Monetary Economics, 54, 1565-1571.
Support de cours
  • Slides and computer programs are available on Moodle.
Faculté ou entité
en charge

Programmes / formations proposant cette unité d'enseignement (UE)

Intitulé du programme
Master [120] en sciences économiques, orientation économétrie