Table of Contents¶

• About these Lectures
• Tools and Techniques
  • Orthogonal Projections and Their Applications
  • Continuous State Markov Chains
  • Reverse Engineering a la Muth
  • Discrete State Dynamic Programming
• LQ Control
  • Information and Consumption Smoothing
  • Consumption Smoothing with Complete and Incomplete Markets
  • Tax Smoothing with Complete and Incomplete Markets
  • Robustness
  • Markov Jump Linear Quadratic Dynamic Programming
  • How to Pay for a War: Part 1
  • How to Pay for a War: Part 2
  • How to Pay for a War: Part 3
  • Optimal Taxation in an LQ Economy
• Multiple Agent Models
  • Robust Markov Perfect Equilibrium
  • Default Risk and Income Fluctuations
  • Globalization and Cycles
  • Coase’s Theory of the Firm
• Dynamic Linear Economies
  • Recursive Models of Dynamic Linear Economies
  • Growth in Dynamic Linear Economies
  • Lucas Asset Pricing Using DLE
  • IRFs in Hall Models
  • Permanent Income Model using the DLE Class
  • Rosen Schooling Model
  • Cattle Cycles
  • Shock Non Invertibility
• Classic Linear Models
  • Von Neumann Growth Model (and a Generalization)
• Time Series Models
  • Covariance Stationary Processes
  • Estimation of Spectra
  • Additive and Multiplicative Functionals
  • Classical Control with Linear Algebra
  • Classical Prediction and Filtering With Linear Algebra
  • Knowing the Forecasts of Others
• Asset Pricing and Finance
  • Asset Pricing II: The Lucas Asset Pricing Model
  • Two Modifications of Mean-Variance Portfolio Theory
  • Irrelevance of Capital Structure with Complete Markets
  • Equilibrium Capital Structures with Incomplete Markets
• Dynamic Programming Squared
  • Stackelberg Plans
  • Ramsey Plans, Time Inconsistency, Sustainable Plans
  • Optimal Taxation with State-Contingent Debt
  • Optimal Taxation without State-Contingent Debt
  • Fluctuating Interest Rates Deliver Fiscal Insurance
  • Fiscal Risk and Government Debt
  • Competitive Equilibria of a Model of Chang
  • Credible Government Policies in a Model of Chang
• References