Advanced Studies Program
Real Business Cycles and Quantitative Methods
30 - 04
Sep - Oct
2024
Teacher
Sergio de Ferra (Oxford)
Sergio de Ferra is Associate Professor of Economics at the University of Oxford and Lecturer at Brasenose College. Previously, he was Assistant Professor at Stockholm University. He was a visiting scholar at the Foundation of the French Central Bank. He completed his Ph.D. at the London School of Economics. His research focuses on international macroeconomics.
Course description
The course will comprise 6 topics:
- Introduction to the Stochastic Growth Model
- Dynamic Programming and Value Function Iteration
- Solution Methods in Macroeconomics – Perturbation
- The Real Business Cycle (RBC) Model
- RBC Extensions and Improvements
- Business Cycle Accounting (Chari – Kehoe – McGrattan, Econometrica)