1. Dynamic Stochastic General Equilibrium Models: A primer [Luís F. Costa - 4 lectures]

1.1. Simple dynamic stochastic general equilibrium models

1.2. Imperfect competition

1.3. The New Keynesian model

 

2. Dynamic Stochastic General Equilibrium Models: Methods and applications [Sandra Gomes - 5 lectures]

2.1. DSGE models in practice: using Dynare

2.2. Anticipated shocks as sources of economic fluctuations

2.3. DSGE models with financial frictions: housing market and the business cycle 

 

3. Readings in Macroeconomics [António Afonso - 4 seminars]

3.1. Economic growth and fiscal policy

3.2. Fiscal-monetary policy interactions

3.3. Financial markets and fiscal policy

3.4. Imperfect competition and non-linear dynamics

3.5. DSGE models with heterogeneous agents

3.6. News and housing

 

Core readings:

• Galí, J. (2015). Monetary Policy, Inflation, and the Business Cycle: An Introduction to the New Keynesian Framework and Its Applications. New Jersey: Princeton University Press.
• Heijdra, B. (2009). Foundations of Modern Macroeconomics, 2 ^nd ed. Oxford: Oxford University. Press.
• Ljungqvist, L. & Sargent, T. (2012). Recursive Macroeconomic Theory, 3 ^rd ed. Cambridge (Mass.): The MIT Press.
• Romer, D. (2011). Advanced Macroeconomics, 4 ^th ed. New York: McGraw-Hill.
• Stokey, N. & Lucas, R. (1989). Recursive Methods in Economic Dynamics. Cambridge (Mass.): Harvard University Press.
• Wickens, M. (2012). Macroeconomic Theory: A dynamic general equilibrium approach, 2 ^nd ed. Oxford: Princeton University Press.