Text for the module: M. Miranda and P. Fackler, Applied Computational Economics and Finance, MIT Press, 2002.
Supplementary material: DYNARE guide and manual (HTML); also available in PDF. There is also a Guide to using DYNARE by Collard.
MATLAB version 6.5 will be employed in this module, with toolboxes cetools (Miranda/Fackler) and dynare (Juillard). Appendix B of the text provides a guide to MATLAB. There are errata for the text.
| Meetings | Tentative coverage |
| Sep 2-9 | Ch 7: Discrete time / discrete state dynamic models |
| Sep 11-16 | Ch 8: Discrete time / continuous state dynamic models: theory and examples |
| Sep 18-25 | Ch 9: Discrete time / continuous state dynamic models: methods |
| Sep 30-Oct 2 | Solution of rational expectations models: DYNARE |