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Diary of A Course in Modern Macroeconomics: Heterogeneity and Fluctuations, August 19

1. Aug 12

We went over the material of the course and we argue why Heterogeneity matters for Macroeconmics. We went over measure theory and over the Hopenhayn model of competitive industry equilibria.

1 2.A Aug 13

We characterize the Aiyagari Model. We talk about computation a bit.

We talk about transition. We talk about computation a bit.

We talk about aggregate fluctuations (Krusell Smith type of things). We talk about computation a bit.

We discuss OLG models of Asset Pricing.

We talk about an endogenous theory of wage determination.

Author: José Víctor Ríos Rull

Created: 2019-08-12 Mon 17:51

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