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    Summer Schools

  • Limited Contract Enforcement in Macroeconomics

    Mini-course for young researchers on

    Limited contract Enforcemant in Macroeconomics

    June 18 – 20, 2012, University of Mannheim, Germany
    The course is taught by Dirk Krueger (UPenn) and will take place on June 18/20 in Mannheim.

    The course provides an overview of macroeconomic research on limited contract enforcement. The course begins with a discussion of stylized facts that motivate the construction of quantitative macroeconomics models with heterogeneous agents. After a brief discussion of standard complete-market models and standard exogenous incomplete-market models, the main focus of the remainder of the lectures will be on models in which markets are endogenously incomplete due to the presence of incomplete enforcement of risk sharing contracts. A simple example with two types of households will be given where the equilibrium allocation could be characterized analytically. Models with a continuum of households and non-degenerate consumption distributions will be discussed. Approaches for the computations of recursive equilibria in these models will be given, and their empirical evaluations relative to micro data on consumption, wealth and asset prices will be presented.

    Local Organizer:
    Tom Krebs (University of Mannheim)

  • Financial Markets and the Macroeconomy

    Mini-course for young researchers on

    Financial Markets and the Macroeconomics

    June 19 – 21, 2012, University of Mannheim, Germany
    The course is taught by Harald Uhlig (University of Chicago) and will take place on June 19/21 in Mannheim.

    This course investigates the interrelations­hip between financial markets and macroeconomics, presenting some recent developments in that literature in survey style. We start from a log-linearized perspective on asset pricing and macroeconomic dynamics, and briefly touched upon long-run risk and Epstein-Zin preferences. We discuss higher moments and large disasters. Finally, we turn to DSGE models incorporating a housing sector and house price booms and busts as well as models of systemic risk.

    Local Organizer:
    Tom Krebs (University of Mannheim)

  • Macroececonomics with Household Heterogeneity

    Mini-course for young researchers on

    Macroececonomics with Household Heterogeneity

    May 22 – 24, 2017, University of Konstanz, Germany
    The course is taught by Dirk Krueger (UPenn) and Kurt Mitman (IIES) and will take place on May 22/24 in Konstanz.

    Syllabus

    Local Organizer:
    Leo Kaas (University of Konstanz)

  • Macroeconomics of Inequality

    Mini-course for young researchers on

    Macroeconomics of Inequality

    June 25 – 29, 2018, University of Bonn, Germany
    The Summer School is taught by Per Krusell (IIES Stockholm) and Kjetil Storesletten (University of Oslo) and will take place at the Universitäts­club Bonn. The Summer School is organized by the RTG 2281 in cooperation with the Priority Programme 1578.

    Syllabus

    Local Organizers:
    Christian Bayer (University of Bonn)
    Moritz Kuhn (University of Bonn)