Intergenerational Human Capital Transmission

• Slides for Yale (Cowles Foundation) Lecture. October, 2018.

Macroeconomic Theory II (Ph.D.). Spring, 2014.
Part One. Instructor: Thomas J. Sargent.
Topics covered:

• Problem Set 1: On entropy, heterogenous beliefs and recursive Pareto problem.
• Problem Set 2: On incomplete markets.
• Problem Set 3: On ambiguity preferences and Lucas tree model.

Some notes:

• Shooting algorithm with endogenous labor supply.
• Ramsey problems and Optimal Taxation.

Part Two. Instructor: Gianluca Violante. 
Syllabus and other Course Material.
Topics covered:

• Problem Set 1: On aggregation.
• Problem Set 2: On income fluctuation problems, Permanent Income Hypothesis and precautionary savings.
• Problem Set 3: Numerical problem on heterogenous agents w/ idiosyncratic uncertainty.
• Problem Set 4: On Neoclassical growth model with incomplete markets and Ramsey taxation. 
• Problem Set 5: On aggregate risk.
• Problem Set 6: On labor supply elasticity and lifecycle economies.

Some notes:

• (Very) Basic measure theory.

Solutions are not publicly available to avoid future students incentive problems. Contact me if you need them.