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: TR 10:30-11:30 @ Kern 615 (map)


Reading:
Uribe Schmitt-Grohe  Ch. 2

 

Week 1: January 10 & 12
Small open economy models

Code:
soe-deterministic.jl
soe-random.jl


Reading:
Uribe Schmitt-Grohe Ch. 4.1-4.8

 

Week 2: January 17 & 19
SOE models // Data

Code:
soe-random-nonstationary.jl


Reading:
Schmitt-Grohe and Uribe (2003)

Aguiar and Gopinath (2007)

Problem set #1

Week 3: January 24 & 26
SOE models with production // Dynare

Code:
soe-production-steady.jl
soe.mod // soelogs.mod


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

Week 4: January 31 & February 2
Two country models


Week 5: February 7 & 9
Two country models


Reading:
Backus, Kehoe, and Kydland (1994)

Week 6: February 14 & 16
Two country models with production


Week 7: February 21 & 23
Two country models with production


Short presentations (2/28): Chen, Xie, Gok, Sha
Short presentations (3/2): Watabe, Belavadi, Inan

Week 8: February 28 and March 2


Week 9: March 14 & 16
International prices


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

Week 10: March 21 & 23
International prices


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

Week 11: March 28 & 30
International prices


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

Week 12: April 4 & 6
Sovereign debt


Reading: 
Chatterjee and Eyigungor (2012)

Week 13: April 11 & 13


Long presentations (4/20):

Week 14: April 18 & 20


Long presentations (4/27):

Week 15: April 25 & 27