Advanced Macroeconomics 4: Heterogenous agent models with policy applications (ECOM-R318/DPE-9318)

August 12, 2019

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Method of completion: contact teaching (streaming will be only available to the FDPE students, for more infromation please contact Jenni Rytkönen, jenni.rytkonen [at] aalto.fi)

Schedule:

  • Courses page (you can view the information on this site without logging in or registering, but some of the content added by teachers to course pages may be available to course participants only, for example Moodle course enrolment key) and/or
  • Sisu page

 

Study material:

  • Can be found in the Moodle learning platform
  • A link and a Moodle course key will be sent by email before the course starts and/or they will be provided on the Courses page, see above
  • Log in with your UH username to be able to use all the features of the course workspace

 

Enrollment:

  • In UH’s Sisu with your UH username
  • To be able to register for the course in Sisu, please note that
    • You must have a valid right to study at the course host university
    • You have created your primary personal study plan (HOPS) based on your study right
    • You have added the course for which you are registering to your HOPS
    • More information can be found on the webpage How to enroll in the courses?

 

Content:

This course introduces and applies dynamic heterogenous agent models to study policy questions related to taxation, social insurance, and pension systems. The models considered include the neoclassical growth model with wealth and labour income heterogeneity as well as life cycle and overlapping generations models of labour supply and savings with uninsurable risks. For each model, we also discuss issues related numerical methods and calibration.