Macroeconomics (advanced level) (Alexey Devyatov)

Block 7. Neo-classical business cycle models

The block addresses the following questions:

  • Typical real business cycle model.
  • RBC model with monopolistic competition.
  • Calibration.
  • Implementation in DYNARE software package.
  • Imperfect information and business cycles.

Lecture 7.1

Lecture 7.2