Econ 4230-001 (formerly 244)
Macro-Modelling, Spring 2024
José Víctor Ríos Rull

Times, People and Location

• Instructor: José Víctor Ríos Rull
  
• Lectures MW 1:45-3:14PM PCPE 100
  
• CANVAS ​(here you will find the homeworks in due time and you will load your answers)
  
• Office Hours PCP 516: Mon 3:30-4:30 and by appointment. vr0j@upenn.edu
  

Diary of Classes

Syllabus

Teaching Slides

Handout Slides

Reading Materials

• Data on Inequality
  
  • Statistics of Income and Wealth Inequality for 2019
  • Inequality when considering Health
• Main Part of the Course
  
  • Lecture Notes Parts I-IV (Required Reading)
• Generational Accounting
  
  • Gokhale's (2013): Spending Beyond Our Means
  • Short Version of Generational Accounting (Required Reading)
• 2017 Tax Cuts and Jobs Act
  
  • Searching for supply-side effects of the Tax Cuts and Jobs Act William G. Gale and Claire Haldeman
    
  • Coporate Income Tax to GDP Ratio
    
  • Alan J. Auerbach on Measuring the Effects of Corporate Tax Cuts
    
  • Barro and Furman on the Macroeconomic Effects of the 2017 Tax Reform
    
• Case Studies in Banking Troubles
  
  • The Problem with Credit Suisse
    
  • The Troubles of Silicon Valley Bank
    
  • The issues with Terra Luna
    
  • What happened in FTX?
    
• Externalities
  
  • The evidence on the effects of soft drink taxes by Rachel Griffith, Martin O'Connell, Kate Smith and Rebekah Stroud. (Longer Version)
• Climate Change
  
  • 2023 Intergubernamental Panel on Climate Change (Summary for Policy Makers)
  • Hassler and Krusell (2015): The Climate and the Economy
  • Global Warming of 1.5 Degrees Celsius (IPCC)
  • Policy Change and a Robust Global Climate Policy by John Hassler
• Other
  
  • Why do Retired Households Draw down their Wealth so Slowly

Homeworks, Exams and grades