Advanced Macroeconomics

Dozent/in:

Christian Proaño

Angaben:

Vorlesung, 2 SWS, ECTS: 6

Termine:

Mo, 12:00 - 14:00, FG1/00.08
ab 2.5.2022

Inhalt:

Macroeconomic analysis is primarily concerned with two issues: (i) developing positive models in order to understand the dynamics of key macroeconomic variables such as output, employment, unemployment, inflation, interest rates, etc.; and (ii) deriving normative prescriptions for macroeconomic policy-making, in particular regarding the proper design of fiscal and monetary policies. The course begins with a discussion of empirical facts regarding business cycles and growth. The second part of the course deals in more detail with several macroeconomic models based on intertemporal optimization along the New Neoclassical Consensus approach. The third part of the course focuses in contrast on the caveats of this theoretical framework, as well as on the alternative modeling approaches.

Angewandte VWL: Monetary Policy in the Euro Area

Dozent/in:

Christian Proaño

Angaben:

Vorlesung, 2 SWS, ECTS: 6

Termine:

Di, 12:00 - 14:00, F21/02.18
ab 3.5.2022

Inhalt:

This course focuses on the conduct of monetary policy in the euro area. After a brief overview of the recent macroeconomic development of the euro area, the money creation process and the traditional monetary policy transmission mechanisms are treated. The main monetary policy strategies available to central banks and how they are implemented as well as the time inconsistency problem are discussed. After highlighting the one-size-fits-all problem faced by the European Central Bank (ECB), the reaction of the latter during the 2012 euro area debt crisis and the recent implementation of macroprudential policies are discussed in detail.

Angewandte VWL: Übung: Monetary Policy in the Euro Area

Dozent/in:

Samantha Coccia

Angaben:

Übung, 2 SWS

Termine:

Do, 10:00 - 12:00, F21/02.41
ab 5.5.2022

Inhalt:

This course focuses on the conduct of monetary policy in the euro area. After a brief overview of the recent macroeconomic development of the euro area, the money creation process and the traditional monetary policy transmission mechanisms are treated. The main monetary policy strategies available to central banks and how they are implemented as well as the time inconsistency problem are discussed. After highlighting the one-size-fits-all problem faced by the European Central Bank (ECB), the reaction of the latter during the 2012 euro area debt crisis and the recent implementation of macroprudential policies are discussed in detail.

Diplomandenseminar

Dozent/in:

Christian Proaño

Angaben:

Seminar, 2 SWS

Termine:

Zeit und Ort nach Vereinbarung Ort und Zeit nach Vereinbarung

S: Angewandte Wirtschaftsforschung 4: Advanced Topics in Empirical Macroeconomics

Dozent/in:

Juan Carlos Peña

Angaben:

Seminar, 2 SWS, ECTS: 6

Termine:

Einzeltermin am 5.5.2022, 16:00 - 17:00, F21/03.83
Introductory meeting: May 03,2022 at 11.30h. Further meetings will be announced in due time.

Inhalt:

Topic: Structural Macroeconometric Modelling

• Short- and Long-Run Identification in VAR models
• Identification by Sign Restrictions
• Factor-Augmented VAR models
• Panel VAR models

S: Projektseminar: Current Topics in Growth, Development and Sustainability

Dozent/in:

Christian Proaño

Angaben:

Seminar, 2 SWS, ECTS: 6

Termine:

Einzeltermin am 3.5.2022, 11:00 - 11:30, F21/03.81
Einzeltermin am 15.7.2022, 14:00 - 16:00, Online-Meeting
Introductory meeting: May 03,2022 at 11.00h. Further meetings will be announced in due time.

Inhalt:

Topic: The COVID-19 Crisis in the Developing World
The seminar will be based on the e-book: Djankov, S. & U. Panizza (eds.), COVID-19 in Developing Economies. CEPR Press, VoxEU.org, 2020.

Ü: Übung zu Introduction to Python Programming for Social Sciences

Dozent/in:

Rafael Kothe

Angaben:

Übung, 2 SWS

Termine:

Do, 10:00 - 12:00, RZ/00.06

Inhalt:

The course aims to make students familiar with the Python programming language commonly used in economic and social research. For this course, no previous knowledge of programming is required. However, students should be familiar with basic algebra and statistical concepts. In the first few sessions the programming syntax and basic building blocks are introduced. Then, after students have obtained some programming skills, different modeling tools and techniques useful for empirical work will be discussed.

Übung A zu Advanced Macroeconomics

Dozent/in:

Kangkan Choudhury

Angaben:

Übung, 2 SWS

Termine:

Di, 12:00 - 14:00, F21/02.55
ab 3.5.2022

Inhalt:

Macroeconomic analysis is primarily concerned with two issues: (i) developing positive models in order to understand the dynamics of key macroeconomic variables such as output, employment, unemployment, inflation, interest rates, etc.; and (ii) deriving normative prescriptions for macroeconomic policy-making, in particular regarding the proper design of fiscal and monetary policies. The course begins with a discussion of empirical facts regarding business cycles and growth. The second part of the course deals in more detail with several macroeconomic models based on intertemporal optimization along the New Neoclassical Consensus approach. The third part of the course focuses in contrast on the caveats of this theoretical framework, as well as on the alternative modeling approaches.

Übung B zu Advanced Macroeconomics

Dozent/in:

Stefan Dürmeier

Angaben:

Übung, 2 SWS

Termine:

Mi, 10:00 - 12:00, F21/03.03
ab 4.5.2022

Inhalt:

Macroeconomic analysis is primarily concerned with two issues: (i) developing positive models in order to understand the dynamics of key macroeconomic variables such as output, employment, unemployment, inflation, interest rates, etc.; and (ii) deriving normative prescriptions for macroeconomic policy-making, in particular regarding the proper design of fiscal and monetary policies. The course begins with a discussion of empirical facts regarding business cycles and growth. The second part of the course deals in more detail with several macroeconomic models based on intertemporal optimization along the New Neoclassical Consensus approach. The third part of the course focuses in contrast on the caveats of this theoretical framework, as well as on the alternative modeling approaches.

V/S: Angewandte Wirtschaftsforschung 3: Financial Macroeconomics

Dozent/in:

Christian Proaño

Angaben:

Vorlesung, 2 SWS, ECTS: 6

Termine:

Mi, 12:00 - 14:00, FG1/00.08
Einzeltermin am 6.7.2022, 12:00 - 14:00, F21/03.01
ab 4.5.2022

Inhalt:

This course handles key concepts in financial macroeconomics such as asymmetric information, credit rationing, the role of collateral requirements for aggregate credit dynamics, and the financial accelerator mechanism at an advanced level. After an extensive discussion of the problems resulting from asymmetric information in the financial markets, the inclusion of these problems and their solutions in small- and medium-scale macroeconomic models is treated. The conduct of conventional and unconventional monetary policy in economies with modern financial systems is then investigated. Time permitting, issues like cross-border banking, banking crises and sovereign default might be handled as well.

V/S: Angewandte Wirtschaftsforschung 3: Übung zu Financial Macroeconomics

Dozent/in:

Naira Kotb

Angaben:

Übung, 2 SWS

Termine:

Do, 12:00 - 14:00, F21/02.18
ab 5.5.2022

Inhalt:

This course handles key concepts in financial macroeconomics such as asymmetric information, credit rationing, the role of collateral requirements for aggregate credit dynamics, and the financial accelerator mechanism at an advanced level. After an extensive discussion of the problems resulting from asymmetric information in the financial markets, the inclusion of these problems and their solutions in small- and medium-scale macroeconomic models is treated. The conduct of conventional and unconventional monetary policy in economies with modern financial systems is then investigated. Time permitting, issues like cross-border banking, banking crises and sovereign default might be handled as well.

V: Introduction to Python Programming for Social Sciences

Dozent/in:

Kangkan Choudhury

Angaben:

Vorlesung, 2 SWS, ECTS: 6, Please register in FlexNow as well as in VC until April 30,2022. Later the VC will be password-protected.

Termine:

Mi, 10:00 - 12:00, RZ/01.02
Einzeltermin am 28.7.2022, Einzeltermin am 29.7.2022, 9:00 - 11:00, F21/03.02

Inhalt:

The course aims to make students familiar with the Python programming language commonly used in economic and social research. For this course, no previous knowledge of programming is required. However, students should be familiar with basic algebra and statistical concepts. In the first few sessions the programming syntax and basic building blocks are introduced. Then, after students have obtained some programming skills, different modeling tools and techniques useful for empirical work will be discussed.