Benjamin Moll

Lecture notes and other presentation slides

2020

Lockdowns in SIR Models 

The HANK literature in one slide (likely outdated and not exhaustive)

2019

2018

Distributional Macroeconomics
Asian Meeting of the Econometric Society

Mini-Course “Heterogeneous Agent Models in Continuous Time”
University of Chicago/Penn/UCLA/Bonn/Rochester

Lecture 1

Lecture 2

Website with codes for numerical solution: models without aggregate shocks

Website with codes for numerical solution: models with aggregate shocks

Nice lecture notes on continuous-time methods by Guido Lorenzoni

Nice lecture notes on continuous-time methods by Pontus Rendahl: Lecture 1, Lecture 2, Code

Distributional Macroeconomics
Harvard
2nd Year PhD

Syllabus

Lecture 1: Background and Overview, Hamiltonians and Phase Diagrams

Lecture 2: Key Facts on Income and Wealth Distribution

Lecture 3: Hamilton-Jacobi-Bellman Equations
Supplement to Lecture 3: Viscosity Solutions for Dummies (including Economists)

Lecture 4: Diffusion Processes, Stochastic HJB Equations and Kolmogorov Forward Equations

Lectures 5 and 6: Theories of Top Inequality, Distributional Dynamics and Differential Operators
Supplement to Lectures 5 and 6: Spectral Approach to Distributional Dynamics (discussion of Alvarez-Lippi)

Lectures 7 and 8: The Workhorse Model of Income and Wealth Distribution in Macroeconomics

Lecture 9: HANK — Heterogeneous Agent New Keynesian Models

Lecture 10: Firm Heterogeneity, Distribution and Dynamics; Stopping Time Problems

Lecture 11: Good Research Topics and Open Questions

2017

Inequality and Macroeconomics
European Investment Bank, Luxemburg, 2017

Mean Field Games in Economics
Gran Sasso Science Institute, 2017

2016

Advanced Macroeconomics I
“Income and Wealth Distribution in Macroeconomics”

Princeton, 2016
2nd Year PhD

Syllabus

Lecture 1: Overview, Hamiltonians and Phase Diagrams

Lecture 2: New Keynesian Model in Continuous Time

Lecture 3: Hamilton-Jacobi-Bellman Equations
Supplement to Lecture 3: Viscosity Solutions for Dummies (including Economists)

Lecture 4: Diffusion Processes, Stochastic HJB Equations and Kolmogorov Forward Equations

Lecture 5: Key Facts on Income and Wealth Distribution

Lectures 6 and 7: Theories of Top Inequality, Distributional Dynamics and Differential Operators

Lecture 8: The Workhorse Model of Income and Wealth Distribution in Macroeconomics

Lecture 9: Efficient Computation of Heterogeneous Agent Models with Aggregate Shocks

Lecture 10: Macroeconomics and Household Heterogeneity (Dirk Krueger guest lecture)

Lecture 11: HANK — Heterogeneous Agent New Keynesian Models

Lecture 12: Estimation of Heterogeneous Agent Models

2014

Macroeconomic Theory I
Princeton, 2014
1st Year PhD

Syllabus

Lecture 1: Preliminaries

Lecture 2: Growth Model, Dynamic Optimization in Discrete Time

Lecture 3: Growth Model, Dynamic Optimization in Continuous Time (Hamiltonians)

Lecture 4: Analysis of Optimal Trajectories, Transition Dynamics in Growth Model

Lecture 5: Competitive Equilibrium in the Growth Model

Lecture 6: Competitive Equilibrium in the Growth Model (II)

Lecture 7: The Growth Model and the Data

Lecture 8: Policy Analysis in the Growth Model (Capital Taxation)

Lecture 9: Adding Growth to the Growth Model

Lecture 10: Endogenous Growth

Lectures 11 and 12: Income and Wealth Distribution in the Growth Model

Lecture 13: Review Session, New Keynesian Model

2012

Macroeconomic Theory I
Princeton, 2012
2nd Year PhD

Syllabus

Lecture 1: Overview, Hamiltonians and Phase Diagrams

Lecture 2: New Keynesian Model in Continuous Time

Lecture 3: Werning (2012) “Managing a Liquidity Trap”

Lecture 4: Hamilton-Jacobi-Bellman Equations, Stochastic Differential Equations

Lecture 5: Stochastic HJB Equations, Kolmogorov Forward Equations

Lecture 6: Income and Wealth Distribution
Supplement: Why Piketty Says r-g Matters for Inequality

Lecture 7: Stopping Time Problems, Firm Size Distribution

Lecture 8: Gabaix (2011) “Granular Origins”, More on Heterogeneous Firms

Lecture 9:​ Lucas and Moll (2012), “Knowledge Growth and the Allocation of Time”, More on Endogenous Growth

Lecture 10: Alvarez and Shimer (2011), “Search and Rest Unemployment”

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