Economics

ECON 221B Advanced Methods in Macroeconomics II

Covers major issues in empirical macroeconomics, focusing on structural vector auto-regressions (VARs) and solution and estimation of dynamic stochastic general equilibrium (DSGE) models. Topics include: recursive identification; long-run restrictions; sign-restrictions; Bayesian estimation of DSGE models; model comparisons; non-linear solution methods for DSGE models; particle filters and other advanced topics related to empirical macroeconomics.

Requirements

Prerequisite(s): ECON 205A, ECON 205B, and ECON 205C, or by permission of instructor. Enrollment is restricted to graduate students.

Credits

5

Quarter offered

Winter

Instructor

The Staff