Heterogeneous Agent Macroecon

3 Credits · Level: Graduate

This course builds on Macroeconomics III and, to a certain extent, on Labor Economics I and II. The course discusses ongoing research about the use of macroeconomic models with heterogeneous households to analyze economic policy reforms. The focus is on reforms of the tax and social insurance system, and on models with uninsurable labor market risk, human capital investment, and/or job search.