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Tag Archives: Teaching

BA and MA Thesis Guidelines

I supervise theses that focus on macroeconomic questions, use models to answer them, and are written in English or German. If you are interested in writing your thesis with me please follow these steps: Contact me by e-mail to check whether I can act as your thesis supervisor. Attach your grade sheet and sketch very briefly what type of questions you are interested in.  Once we have agreed that I act as supervisor prepare a one- or two-page proposal outlining as concisely and precisely as...

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“Asset Pricing, r versus g, and Modern Monetary Theory: How Much Debt Can Governments Issue?,” Bern, Spring 2022

BA seminar at the University of Bern. Uni Bern’s official course page: The seminar targets students who have completed their mandatory training in microeconomics, macroeconomics and mathematics (i.e., students in the second half of their BA studies) and who are interested in modern macroeconomic theory. We analyze arguments according to which the government does, or does not face an intertemporal budget constraint. What does the literature on asset pricing, rational bubbles, or the fiscal...

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“Economic Challenges in Switzerland (and beyond),” Bern, Spring 2022

BA course at the University of Bern. Uni Bern’s official course page: The course targets students who have completed their mandatory training in microeconomics, macroeconomics and mathematics (i.e., students in the second half of their BA studies) and who are interested in modern macroeconomic theory. The objective of the course is threefold: Students should learn to think analytically, like economists do; they should understand select tools of modern macroeconomic theory; and they should...

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“Fiscal and Monetary Policies,” Bern, Spring 2022

MA course at the University of Bern. Uni Bern’s official course page: This course covers macroeconomic theories of fiscal policy (including tax and debt policy) and the interaction between fiscal and monetary policy. Participants should be familiar with the material covered in the course Macroeconomics II. The course grade reflects the final exam grade. Monday, 12.15 – 14.00 h 1st exam: Monday, May 30, 2022, 12.15 – 14.00h 2nd exam: Monday, September 12, 2022, 12.15 – 14.00h The classes...

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“Macroeconomics II,” Bern, Fall 2021

MA course at the University of Bern. Time: Wed 10-12. Location: A-126 UniS. Course assistant: Stefano Corbellini. The course introduces Master students to modern macroeconomic theory. Building on the analysis of the consumption-saving tradeoff and on concepts from general equilibrium theory, the course covers workhorse general equilibrium models of modern macroeconomics, including the representative agent framework, the overlapping generations model, and the Lucas tree model....

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“Fiscal and Monetary Policies,” Bern, Spring 2021

MA course at the University of Bern. The classes follow selected chapters in the textbook Macroeconomic Analysis (MIT Press, 2019) and build on the material covered in the macro II course which follows the same text. Table of contents of the book. Page with more information about the book and exercises. Uni Bern’s official course page. Zoom link is posted on ILIAS page. Main contents: Concepts. RA model with government spending and taxes. Government debt in RA model. Government debt...

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Reading List on ‘Free’ or ‘Not-so-free’ Public Debt

Olivier Blanchard, Public Debt and Low Interest Rates, AER 2019, 109(4). Robert Barro, r Minus g, NBER wp 28002, October 2020. Dmitriy Sergeyev and Neil Mehrotra, Debt Sustainability in a Low Interest World, CEPR dp 15282, September 2020. Stan Olijslagers, Nander de Vette, and Sweder van Wijnbergen, Debt Sustainability when r−g<0: No Free Lunch after All, CEPR dp 15478, November 2020. Ricardo Reis, The Constraint on Public Debt when r<g But g<m, Mimeo, December 2020.

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“Macroeconomics II,” Bern, Fall 2020

MA course at the University of Bern. Time: Wed 10-12. KSL course site. Course assistant: Armando Näf. The course introduces Master students to modern macroeconomic theory. Building on the analysis of the consumption-saving tradeoff and on concepts from general equilibrium theory, the course covers workhorse general equilibrium models of modern macroeconomics, including the representative agent framework, the overlapping generations model, and possibly the Lucas tree model. Lectures...

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“Fiscal and Monetary Policies,” Bern, Spring 2020

MA course at the University of Bern. The classes follow selected chapters in the textbook Macroeconomic Analysis (MIT Press, 2019) and build on the material covered in the macro II course which follows the same text. Table of contents of the book. Uni Bern’s official course page. 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....

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“Macroeconomics II,” Bern, Fall 2019

MA course at the University of Bern. Time: Wed 10-12. KSL course site. Course assistant: Christian Wipf. The course introduces Master students to modern macroeconomic theory. Building on the analysis of the consumption-saving tradeoff and on concepts from general equilibrium theory, the course covers workhorse general equilibrium models of modern macroeconomics, including the representative agent framework, the overlapping generations model, and possibly the Lucas tree model. Lectures...

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