Summary:
MA course at the University of Bern. The classes follow these notes and build on the material covered in the macro II course. Uni Bern’s official course page. The course TA is Lukas Völlmy. Main contents: Concepts. RA model with government spending and taxes. Government debt in RA model. Government debt and social security in OLG model. Neutrality results. Consolidated government budget constraint. Fiscal effects on inflation. Game of chicken. FTPL. Active and passive policies. Tax smoothing. Time consistent policy. Sovereign debt.
Topics:
Dirk Niepelt considers the following as important: Teaching
This could be interesting, too:
MA course at the University of Bern. The classes follow these notes and build on the material covered in the macro II course. Uni Bern’s official course page. The course TA is Lukas Völlmy. Main contents: Concepts. RA model with government spending and taxes. Government debt in RA model. Government debt and social security in OLG model. Neutrality results. Consolidated government budget constraint. Fiscal effects on inflation. Game of chicken. FTPL. Active and passive policies. Tax smoothing. Time consistent policy. Sovereign debt.
Topics:
Dirk Niepelt considers the following as important: Teaching
This could be interesting, too:
Dirk Niepelt writes “Macroeconomics II,” Bern, Fall 2024
Dirk Niepelt writes “Makroökonomie I (Macroeconomics I),” Bern, Fall 2024
Dirk Niepelt writes “Topics in Macroeconomics,” Bern, Spring 2024
Dirk Niepelt writes “Fiscal and Monetary Policies,” Bern, Spring 2024
MA course at the University of Bern.
The classes follow these notes and build on the material covered in the macro II course. Uni Bern’s official course page. The course TA is Lukas Völlmy.
Main contents:
- Concepts.
- RA model with government spending and taxes.
- Government debt in RA model.
- Government debt and social security in OLG model.
- Neutrality results.
- Consolidated government budget constraint.
- Fiscal effects on inflation. Game of chicken.
- FTPL. Active and passive policies.
- Tax smoothing.
- Time consistent policy.
- Sovereign debt.