Intermediate Quantitative Economics with Python#
This website presents a set of lectures on quantitative economic modeling.
Tools and Techniques
Elementary Statistics
- 8. Elementary Probability with Matrices
- 9. Some Probability Distributions
- 10. LLN and CLT
- 11. Two Meanings of Probability
- 12. Multivariate Hypergeometric Distribution
- 13. Multivariate Normal Distribution
- 14. Fault Tree Uncertainties
- 15. Introduction to Artificial Neural Networks
- 16. Randomized Response Surveys
- 17. Expected Utilities of Random Responses
Bayes Law
Statistics and Information
- 21. Statistical Divergence Measures
- 22. Likelihood Ratio Processes
- 23. Heterogeneous Beliefs and Financial Markets
- 24. Likelihood Processes For VAR Models
- 25. Mean of a Likelihood Ratio Process
- 26. A Problem that Stumped Milton Friedman
- 27. A Bayesian Formulation of Friedman and Wald’s Problem
- 28. Exchangeability and Bayesian Updating
- 29. Likelihood Ratio Processes and Bayesian Learning
- 30. Blackwell’s Theorem on Comparing Experiments
- 31. Incorrect Models
- 32. Bayesian versus Frequentist Decision Rules
- 33. Merging of Opinions: The Blackwell–Dubins Theorem
- 34. Survival and Long-Run Dynamics under Recursive Preferences
Linear Programming
Introduction to Dynamics
- 37. Finite Markov Chains
- 38. Inventory Dynamics
- 39. Linear State Space Models
- 40. Samuelson Multiplier-Accelerator
- 41. The Acceleration Principle and the Nature of Business Cycles
- 42. Kesten Processes and Firm Dynamics
- 43. Wealth Distribution Dynamics
- 44. A First Look at the Kalman Filter
- 45. Another Look at the Kalman Filter
- 46. Organization Capital
- 47. Two Models of Measurements and the Investment Accelerator
Search
- 48. Job Search I: The McCall Search Model
- 49. Job Search II: Search and Separation
- 50. Job Search III: Search with Separation and Markov Wages
- 51. Job Search IV: Fitted Value Function Iteration
- 52. Job Search V: Persistent and Transitory Wage Shocks
- 53. Job Search VI: Modeling Career Choice
- 54. Job Search VII: On-the-Job Search
- 55. Job Search VIII: Search with Learning
Reinforcement Learning
Introduction to Optimal Savings
Household Problems
- 65. The Income Fluctuation Problem I: Discretization and VFI
- 66. The Income Fluctuation Problem II: Optimistic Policy Iteration
- 67. The Income Fluctuation Problem III: The Endogenous Grid Method
- 68. The Income Fluctuation Problem IV: Transient Income Shocks
- 69. The Income Fluctuation Problem V: Stochastic Returns on Assets
LQ Control
Optimal Growth
Multiple Agent Models
- 82. A Lake Model of Employment and Unemployment
- 83. Lake Model with an Endogenous Job Finding Rate
- 84. Rational Expectations Equilibrium
- 85. Stability in Linear Rational Expectations Models
- 86. Markov Perfect Equilibrium
- 87. Uncertainty Traps
- 88. The Aiyagari Model
- 89. Transitions in an Overlapping Generations Model
- 90. A Long-Lived, Heterogeneous Agents, Overlapping Generations Model
- 91. Two Computations to Fund Social Security
Asset Pricing and Finance
- 92. Asset Pricing: Finite State Models
- 93. Stochastic Consumption, Risk Aversion, and the Temporal Behavior of Asset Returns
- 94. Estimating Euler Equations by Generalized Method of Moments
- 95. Doubts or Variability?
- 96. Competitive Equilibria with Arrow Securities
- 97. Heterogeneous Beliefs and Bubbles
- 98. Speculative Behavior with Bayesian Learning
- 99. Affine Models of Asset Prices
- 100. Risk Aversion or Mistaken Beliefs?
Data and Empirics