Angewandte VWL: Growth, Development and Sustainability

Dozent/in:

Christian Proaño

Angaben:

Vorlesung, 2 SWS, Nachhaltigkeit, Please register in the VC course to participate.

Termine:

Mi, 12:00 - 14:00, F21/02.31
First appointment: October 27,2021

Voraussetzungen / Organisatorisches:

Courses will be held in person as long as it is possible given the university’s guidelines, the same holds for the tutorials if the room capacities allow it.

Inhalt:

Why do some countries or regions reach very high levels of per capita income while others stay miserably poor? Why did per capita income in today's rich countries start an impressive growth spurt around the Industrial Revolution? Not least due to intensive research in the last decades we continue to learn more on these issues as well as on the crucial questions, which policy choices are relevant for a dynamic process of economic development, and which policies may lead to a sustainable development path.

Diplomandenseminar

Dozent/in:

Christian Proaño

Angaben:

Seminar, 2 SWS

Termine:

Zeit und Ort nach Vereinbarung Ort und Zeit nach Vereinbarung

V/S: Advanced Macroeconomics: Advanced Macroeconomics

Dozent/in:

Christian Proaño

Angaben:

Vorlesung, 2 SWS, Please register in the VC course to participate.

Termine:

Mo, 12:00 - 14:00, F21/01.35

Voraussetzungen / Organisatorisches:

Courses will be held in person as long as it is possible given the university’s guidelines, the same holds for the tutorials if the room capacities allow it.

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 policymaking, in particular regarding the proper setting of fiscal and monetary policies. The course begins with a discussion of empirical facts regarding business cycles and growth to be explained by macroeconomic models and then provides an example of the role of economic policy as a macroeconomic stabilization mechanism based on a traditional reduced-form model of the macro-economy. The second part of the course deals in more detail with several building blocks for macroeconomic models based on intertemporal optimization along the neoclassical tradition. 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: Angewandte Wirtschaftsforschung 1: Empirical Monetary Macroeconomics

Dozent/in:

Christian Proaño

Angaben:

Vorlesung, 2 SWS

Termine:

Di, 12:00 - 14:00, F21/03.80

Voraussetzungen / Organisatorisches:

Courses will be held in person as long as it is possible given the university’s guidelines, the same holds for the tutorials if the room capacities allow it.

Inhalt:

This course focuses on key topics on monetary macroeconomics from an empirical perspective. After a brief review of univariate time series analysis, alternative time series decomposition methods such as the Hodrick-Prescott Filter are discussed. Then, the modeling of the interaction between monetary policy actions and key financial and monetary aggregates through so-called vector-autoregression (VAR) and vector-error-correction (VECM) models will be discussed in detail. Issues like real-time data and forecasting will also be dealt with in the final part of the lecture.

V: Angewandte Wirtschaftsforschung 2: Computational Behavioral Macroeconomics

Dozent/in:

Christian Proaño

Angaben:

Vorlesung, 2 SWS

Termine:

Do, 10:00 - 12:00, FMA/00.08

Voraussetzungen / Organisatorisches:

Courses will be held in person as long as it is possible given the university’s guidelines, the same holds for the tutorials if the room capacities allow it.

Inhalt:

This course focuses on advanced topics in macroeconomics linked in particular to the role of bounded rationality, expectations formation and different types of agents‘ heterogeneity in macroeconomic activity, and the consequences of such for the design of economic policies. Students will be made familiar with programming languages commonly used for the analysis of these topics such as Julia and MATLAB/Octave. Students will be required to write and modify codes to solve and simulate macroeconomic models.