Advanced International Economics (871, Fall 2018)


Van Hise 583
Mondays and Wednesdays: 2:30-3:45

Professor Kim J. Ruhl (ruhl2@wisc.edu)
Soc Sci 7444
Office hours: T/R 2:30PM-3:30PM

Jump to: Thematic outline // Week by week schedule // Reading list


Thematic outline


Below is a thematic outline. Once class starts, the schedule will be continually updated. Papers listed below are mandatory background reading. The full reading list [available soon] offers a lot more detail. 

Reading:
Anderson and van Wincoop (2003)

Notes:
Data // CES primer // Gravity // Armington

Data // Gravity // Armington


Reading:
Dornbusch, Fischer, and Samuelson (1977)
Eaton and Kortum (2002)

Notes: Ricardian models

Ricardian models


Reading:
Melitz (2003) // Chaney (2008)
Kehoe, Pujolas, and Ruhl (2016)

Notes: Heterogeneous firms

Heterogeneous firm models (static)


Reading:
Roberts and Tybout (1997)
Das, Roberts, and Tybout (2007)
Ruhl and Willis (2017)

Heterogeneous firm models (dynamic)


Reading:
Backus, Kehoe, and Kydland (1994)

Unbalanced trade (real business cycles)


Weekly schedule


Reading:
Syllabus
Anderson and van Wincoop (2003)

Week 0: September 5
Introduction // Data


Reading:
Dornbusch, Fischer, Samuelson (1977)
Eaton and Kortum (2002)

Week 1: September 10 & 12
Gravity // Ricardian models


Reading:
Melitz (2003) // Chaney (2008)

Week 2: September 17 & 19
Ricardian models // Static heterogeneous agents


Week 3: September 24 & 26
Static heterogenous agents


Reading:
Roberts and Tybout (1997)
Ruhl and Willis (2017)

Week 4: October 1 & 3
Sunk cost models: decision problems


Reading:
Alessandria, Choi, and Ruhl (2013)

Week 5: October 8 & 10
Heterogeneous firms & sunk-cost
models in general equilibrium


Week 6: October 15 & 17
Short presentations // Short presentations


Reading:
Alessandria, Kaboski, Midrigan (2010)

Week 7: October 22 & 24
Short presentations // Inventory models


Reading:
Notes on small open economies
Uribe & Schmitt-Grohe: Chapter 2

Week 8: October 29 & 31
Unbalanced trade // SOE


Reading:
Notes on small open economies
Uribe & Schmitt-Grohe: Chapter 2

Week 9: November 5 & 7
Small open economies with uncertainty


Reading:
Aguiar and Gopinath (2007)

Week 10: November 12 & 14
Small open economies with production


Reading:
Notes on two country models

Week 11: November 19 & 21 (no class 11/21)
Two country endowment models


Reading:
Notes on two country models

Week 12: November 26 & 28
Two country production models


Week 13: December 3 & 5
Long presentations


Week 14: December 10 & 12
Long presentations