Below is the continually-updated course schedule. The papers listed below are considered primary. A more complete reading list is available here.  

I am using this semester to continue learning Julia, a high-level programming language that is easy to write, fast, and free. I welcome any feedback on how to write better Juiia. The Sargent and Stachurski Quantitative Economics website is a nice resource. 


Professor Kim Joseph Ruhl (kjr42@psu.edu)
Office hrs: TBA @ Kern 615 (map)


Reading:
Uribe Schmitt-Grohe  Ch. 2

 

Week 1: January 8 & 10
Introduction //
Small open economy models w/perfect foresight

Code:
soe-deterministic.j


Reading:
Uribe Schmitt-Grohe Ch. 4.1-4.8

Week 2: January 17 (no class 1/15)
SOE models with uncertainty

Code:
soe-random-nonstationary.jl

soe-random.jl


Reading:
Aguiar and Gopinath (2007

Problem set #1

Week 3: January 22 & 24
SOE models with uncertainty // Data

Code:
soe-production-steady.jl


Reading:

Week 4: January 29 & 31
SOE models with two goods // Production


Reading:

Week 5: February 5 & 7 (snow day 2/7)
SOE models wrap-up

 

Problem Set #1 Due (2/5)


Reading:
Schmitt-Grohe and Uribe (2003)

Week 6: February 12 & 14
Approx. linear solutions to models // Dynare

Code:
soe.mod // soelogs.mod


Reading:
Cole and Obstfeld (1991)
Backus and Smith (1993)

Week 7: February 19 & 21
Two country exchange models


Short presentations
2/26: Nino, Yuta, Na
2/28: Wendi, Guanliang, Guoxuan

Week 8: February 26 & 28


Reading:
Backus, Kehoe, and Kydland (1994)

Problem Set #2

Week 9: March 12 & 14
Two country models with production


Reading:
Engel (1999)
Betts and Kehoe (2006)

International Comparison Project

Week 10: March 19 & 21
International prices


Reading:
Drozd and Nosal (2013) [Pricing to market...]
Chari, Kehoe, and McGrattan (2002)

Week 11: March 26 & 28
International prices


Reading:
Eaton and Gersovits (1981)
Arellano (2008)

Week 12: April 2 & 4
Sovereign debt


Reading: 
Chatterjee and Eyigungor (2012)

Week 13: April 9 & 11

Problem Set #2 Due (4/9)


Long presentations (4/20):

Week 14: April 16 & 18


Long presentations (4/27):

Week 15: April 23 & 25