Charles Engel (University of Wisconsin) This course will study international macroeconomic integration and the implications for monetary and exchange rate policies. It will balance both empirical studies and theory. Recommended readings are marked below with a ‘*’. There are nine sections of...

David DeJong (University of Pittsburgh) The focus of the course is on the empirical implementation of dynamic stochastic general equilibrium (DSGE) models. The course is organized around the following empirical exercise. Beginning with a model environment, a non-linear expectational system of...