Topics in Macroeconometrics

Instructor: Marco Lippi (University of Rome “La Sapienza” & EIEF)

    February 13 (11am-1pm), 17 (9-11am), 20 (11am-1pm), 24, March 1, 2 (9-11am), 9 (11am-1pm), 12, 21 (2-4pm), 22 (2.30-4.30pm)
    Relative importance of permanent and transitory components in GDP growth. Trend-stationary and difference-stationary models. Unobserved components models. Supply and demand components. Real business cycle (RBC) theory. New Keynesian approach vs. RBC.
    Syllabus