Bristol MSc Macro 2015

Advanced Macro for MSc, Spring 2015 Part 2

Lecture 1:  non-rational expectations in economics

Slides:  pdf

Slides:  PPT

Notes to slides

Assignment

Assignment Solutions

Lecture notes

Lecture 2: macro and financial frictions;  narrative of the financial crisis + thieving banker model

Slides:  pdf

Slides:  PPT

Assignment

Assignment solutions

Lecture notes

Lecture 3:  macro and financial frictions;  lazy banker model

Slides:  pdf

Slides:  PPT

Assignment

Assignment solutions

Lecture notes

Lecture 4:  macro and financial frictions;  the BGG model

Slides:  pdf

Assignment [hard]

Assignment solutions

Some derivations

Lecture 5:  the zero bound to nominal interest rates

Slides:  pdf

Slides:  PPT

Assignment

Assignments solutions

Lecture notes

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