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  • Wednesday,   15:20 -18:50     ::   C-3C / C-4D

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Description

  • The purpose of this course is to familiarize students with current techniques used in macroeconomic time series models with applications in macroeconomics, international finance, and finance; with the ultimate aim of providing students with the necessary tools to conduct original research in the area.

    Topics include ARMA models, (B/S)VARs and impulse response functions; local projection; unit roots, and structural breaks; spurious regressions; cointegration and VECM; ARCH models of volatility, and trend/cycle decomposition methods, including Kalman filtering.

    We will mostly work with the classical framework in the time domain but will touch upon Bayesian framework.

Syllabus