Program 01.08. – 05.08. Panel Data Econometrics (Prof. Manuel Arellano) 08.08. – 12.08. Financial Crises and Financial Stability (Prof. Jeremy Stein) 15.08. – 19.08. Monetary Economics and Imperfect Information (Prof. Ricardo Reis) 22.08. – 26.08. Recent Advances in International Trade...

This course will study the interaction between liquidity, asset prices and aggregate economic activity over the business cycle. The course begins with alternative theoretical approaches to liquidity which emphasize limited commitment and limited market participation. We use these frameworks to...

The course will review the foundations of the new neoclassical synthesis (new Keynesian) model of monetary policy, and the nature of welfare-maximizing interest rate policy in the new synthesis model. It will address the determination of the exchange rate, the trade balance, international...

This course will examine standard economic theory; evidence of anomalies in standard theory, and behavioral theories designed to explain those anomalies. We will start by developing the choice theoretic foundations of modern decision theory: objective and subjective probabilities; Bayesian...

This course covers the core econometric ideas and empirical modeling strategies that I see as most useful for empirical micro. The main theoretical ideas are illustrated with examples. Our text is Mostly Harmless Econometrics: An Empiricist’s Companion by Angrist and Pischke (Princeton...