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Searched for: 1 subject found.
14.462 Advanced Macroeconomics II
(
)
Prereq: 14.461
Units: 5-0-7
In person not required. Lecture: TR1-2.30 (VIRTUAL) Recitation: F1-2.30 (E51-376)
Topics vary from year to year. Often includes coordination failures; frictions in beliefs, such as rational inattention, higher-order uncertainty, certain forms of bounded rationality, heterogeneous beliefs, and ambiguity; implications for business cycles, asset markets, and policy; financial frictions and obstacles to trade; intermediation; liquidity; safe assets; global imbalances; financial crises; and speculation.
R. Caballero, R. Townsend
No textbook information available
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