The course is conducted in English。

This course teaches computational techniques in the new research frontier, called Distributional Macroeconomics. I will cover heterogeneous agents (HA) models in both discrete time and continuous time. HA modeling is now widely used in macroeconomics, labor, international trade, industrial organization, and finance. This type of models can generate endogenous distributions of income, wealth, or firm-size, and hence offers a framework to study inequality, intergeneration mobility, macro-prudential policy, firm size distributions, firm values, and policy issues in industry organization. This course will teach relevant numerical methods in this field. I hope this course can help more students conduct research in this area.

Know how to solve for heterogeneous agent models in discrete time and continuous time via computer. Students will learn methodology and relevant techniques to conduct research in this field. Students need to write programming codes every week and submit a research proposal in the middle of May. Hardworking is required.

Prerequiste: Macroeconomics Theory (I), probability theory, familiar with dynamic programming, and familiar with at least one programming language, like Matlab, Python, C/C++.

待補