Homepage for Economics 7710 Fall 2008

Lecture Notes

• notes1.pdf, Notes on discrete choice dynamic progamming (DCDP) models.
• notes2.pdf, Notes on Dynamic Programming Models with Growth (DPWG).
• notes3.pdf, Notes on Linearization.

Codes

• Section 2 of DCDP: mcall1.m.
• Section 3 of DCDP: sal1.m.
• Section 4 of DCDP: sal2.m.
• Section 5 of DCDP: sal3.m.
• Section 8 of DCDP: real1.m.
• Section 8 of DCDP: real2.m.
• Section 8 of DCDP: real2.dat.
• Section 9 of DCDP: rust1.m.
• Q3 of DPWG: dpgq3.m and dpgq3F.m.
• Ch 2 of DeJong: ch2ex1.m and ch2ex1F.m, finds steady state for simple ramsey model.
• Ch 2 of DeJong: ch2ex2.m and ch2ex2.mout, finds the solutions using Klein's QZ method.
• Ch 2 of DeJong: ch2ex3.m and ch2ex3.mout, finds the solutions using Uhlig's MUCK method.
• Ch 5 of DeJong: ch5ex1.m and ch5ex1F.m, finds steady state for simple asset pricing model.
• Midterm: mid1.m, finds solution to midterm.
• Ch 3 of DeJong: ch3ex1.m, detrends data from dejond.
• Ch 4 of DeJong: ch4ex1.m and ch4ex1.mout, estimates VAR.
• Ch 4 of DeJong: ch4ex2.m and ch4ex1.jpg, Kalman filters the data for unobserved states.
• Ch 7 of DeJong: ch7ex1.m, ch7ex1F.m and ch7ex1.mout, estimates the model by GMM.
• Hw 5: hw5.m and hw5.mout, answers to homework 5.
• Mid 2: mid2e.m and mid2e.mout, answers to midterm 2 question e.

Aux Codes

• DCDP models: markov.m, draw discretely from a markov chain.
• DCDP models: discreteinvrnd.m, draw discretely from an unconditional distribution.
• DCDP models: ckron.m, kroeneker products.
• DCDP models: csize.m.
• DCDP models: gridmake.m, computes permuations.
• DCDP models: qnwlogn.m.
• DCDP models: qnwnorm.m, quadrature points and probs.
• Ch2 Dejong: solvem.m, Uhlig's method.
• Ch2 Dejong: solab.m, Klein's method.
• Ch3 Dejong: hpfilter.m, HP filter.
• Ch3 Dejong: bpass.m, bandpass filter.
• Ch3 Dejong: rbc1.txt, rbc data.
• Ch4 Dejong: dlyap1.m, computes solution to lyanpuv equation.
• Ch7 Dejong: numgrad.m, computes numerical gradient (sims).
• Ch7 Dejong: numgrad.m, solves minimization problem (sims).
• Ch7 Dejong: csminit.m, called by csminwel (sims).
• Ch7 Dejong: bfgsi.m, bfgs update of hessian (sims).

Papers

• keane08.pdf, "Empirical Applications of DCDP Models."
• rust87.pdf, "Optimal Replacement of GMC Bus Engines: An Empirical Model of Harold Zurcher."
• greenwood00.pdf, "The role of investment specific thechnological change in the business cycle."