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Otros centros
Servicios administrativos
Servicios generales
Código:
41238
Profesor/a responsable:
FRANJO GARCIA, LUIS
Crdts. ECTS:
5,00
Créditos teóricos:
1,20
Créditos prácticos:
0,40
Carga no presencial:
3,40
• CG3: Capacity to apply economic theory to represent real situations.
• CG4: Capacity for teamwork.
• CG5: Capacity for self-learning.
• CG6: Ethical commitment and social responsibility at work, respecting the
environment, being aware and understanding the importance of respect for
fundamental rights, equal opportunities for men and women, universal accessibility for
the disabled and respect for the values of a peaceful, democratic society.
• CG7: Analyse problems using critical reasoning, without prejudice and with precision
and rigor.
• CG8: Capacity for synthesis.
• CE1: Capacity to read Economic research articles in a reasoned fashion and evaluate
them critically, understand their essential contributions and weaknesses.
• CE2: Capacity to understand how the technical problems faced by authors of research
articles have been resolved in each case.
• CE3: Capacity to test theorems and propositions.
• CE5: Capacity to present important economic problems precisely and respond
adequately to solve problems by using the techniques learnt in the different courses,
using theoretical and empirical analyses or simulations if necessary.
OBJETIVOS DE APRENDIZAJE
The purpose of this course is to introduce the modeling of heterogeneous agents economies, to familiarize the student with some of the particular computational techniques used to solve numerically this kind of models, and to learn about research questions in macroeconomics that can be addressed within this environment.
Competencias Generales del Título (CG)
Competencias específicas (CE)
Sin datos
The purpose of this course is to introduce the modeling of heterogeneous agents economies, to familiarize the student with some of the particular computational techniques used to solve numerically this kind of models, and to learn about research questions in macroeconomics that can be addressed within this environment.
Part I: Introduction to Models with Heterogeneous Agents
- What the representative agent model cannot do.
- When heterogeneity does not matter. Gorman's aggregation result.
- Sources of heterogeneity: age (OLG), preferences (risk sharing), abilities (job market), policies (progressive marginal tax rates).
Part II: Heterogeneity in the Neoclassical Growth Model with Complete Markets
-The Standard Complete Markets (SCM) Model.
- Income uctuations problem with complete markets.
- Permanent Income Hypothesis (PIH).
- Negishi's algorithm; value/policy function iterations; endogenous grid method.
Part III: The Neoclassical Growth Model with Incomplete Markets (\Be- wley Models")
- The Standard Incomplete Markets (SIM) Model.
- Income uctuations problem with incomplete markets.
- Stochastic earnings or wage processes.
- Stationary equilibrium in the incomplete markets models (Bewely / Aiyagari).
Part IV: Some Applications
- Inequality and the Life Cycle.
- Wealth distribution.
- Capital taxation and redistribution.
- The progressivity of the income tax.
- Social security reforms.
Sin datos
| Equilibrium unemployment theory | |
| Autor(es): | Pissarides, Christopher A. |
| Edición: | Cambridge : MIT Press, 2000; |
| ISBN: | 978-0-262-16187-9 |
| Categoría: | Sin especificar |
Curse Grade: The grade is based on:
1. The class participation which may include a presentation in class of a paper that the student nds interesting (30%)
2. Homework assignments which may include a referee report on a paper picked by the student from a reading list and not covered in class (30%)
3. A brief presentation, 10-15 minutes, of an original research project. At the end of the course, students may have to handle a written research proposal (40%)
Minimum grade to pass the exam is 5 over 10.
Those students with a grade below 5 will have a second opportunity in the corresponding
exam period. The final grade in the second evaluation period is EXCLUSIVELY given by the grade obtained
in a retake exam (with theory and practice questions) about the whole content of the course.
Grades from continuous assessment, if any, will not be taken into account.
| Descripción | Criterio | Tipo | Ponderación |
| Class participation and problem sets | 1. The class participation which may include a presentation in class of a paper that the student nds interesting (30%) 2. Homework assignments which may include a referee report on a paper picked by the student from a reading list and not covered in class (30%) |
ACTIVIDADES DE EVALUACIÓN DURANTE EL SEMESTRE | 60 |
| Presentation of a final research project | 3. A brief presentation, 10-15 minutes, of an original research project. At the end of the course, students may have to handle a written research proposal (40%)
|
EXAMEN FINAL | 40 |
| Convocatoria | Fecha | Hora | Grupo - Aula(s) asignada(s) | Observaciones |
| (C3) Periodo ordinario para asignaturas de segundo semestre y anuales | 26/03/2018 | 10:00 - 13:00 |
0031P2050  |
| Grupo | Semestre | Turno | Idioma | Matriculados | En matrícula, asignado a |
|---|---|---|---|---|---|
| Gr. 1 (CLASE TEÓRICA) : 1 | 2S | Todo el día | ANG | 8 |
|
| Grupo | Semestre | Turno | Idioma | Matriculados |
|---|---|---|---|---|
| Gr. 1 (SEMINARIO / TEÓRICO-PRÁCTICO / TALLER) : 1 | 2S | Todo el día | ANG | 8 |
| Grupo | Fecha inicio | Fecha fin | Día | Hora inicio | Hora fin | Aula |
|---|---|---|---|---|---|---|
| 1 | 11/01/2018 | 15/03/2018 | JUE | 15:00 | 18:00 |
0031P2049
|
| Grupo | Fecha inicio | Fecha fin | Día | Hora inicio | Hora fin | Aula |
|---|---|---|---|---|---|---|
| 1 | 11/01/2018 | 15/03/2018 | JUE | 20:00 | 21:00 |
0031P2049
|
