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. Incorrect Models
- 31. Bayesian versus Frequentist Decision Rules
Linear Programming
Introduction to Dynamics
- 34. Finite Markov Chains
- 35. Inventory Dynamics
- 36. Linear State Space Models
- 37. Samuelson Multiplier-Accelerator
- 38. The Acceleration Principle and the Nature of Business Cycles
- 39. Kesten Processes and Firm Dynamics
- 40. Wealth Distribution Dynamics
- 41. A First Look at the Kalman Filter
- 42. Another Look at the Kalman Filter
- 43. Two Models of Measurements and the Investment Accelerator
Search
- 44. Job Search I: The McCall Search Model
- 45. Job Search II: Search and Separation
- 46. Job Search III: Search with Separation and Markov Wages
- 47. Job Search IV: Fitted Value Function Iteration
- 48. Job Search V: Persistent and Transitory Wage Shocks
- 49. Job Search VI: Modeling Career Choice
- 50. Job Search VII: On-the-Job Search
- 51. Job Search VIII: Search with Learning
Reinforcement Learning
Introduction to Optimal Savings
Household Problems
- 61. The Income Fluctuation Problem I: Discretization and VFI
- 62. The Income Fluctuation Problem II: Optimistic Policy Iteration
- 63. The Income Fluctuation Problem III: The Endogenous Grid Method
- 64. The Income Fluctuation Problem IV: Transient Income Shocks
- 65. The Income Fluctuation Problem V: Stochastic Returns on Assets
LQ Control
Optimal Growth
Multiple Agent Models
- 76. A Lake Model of Employment and Unemployment
- 77. Lake Model with an Endogenous Job Finding Rate
- 78. Rational Expectations Equilibrium
- 79. Stability in Linear Rational Expectations Models
- 80. Markov Perfect Equilibrium
- 81. Uncertainty Traps
- 82. The Aiyagari Model
- 83. Transitions in an Overlapping Generations Model
- 84. A Long-Lived, Heterogeneous Agents, Overlapping Generations Model
- 85. Two Computations to Fund Social Security
Asset Pricing and Finance
- 86. Asset Pricing: Finite State Models
- 87. Stochastic Consumption, Risk Aversion, and the Temporal Behavior of Asset Returns
- 88. Estimating Euler Equations by Generalized Method of Moments
- 89. Doubts or Variability?
- 90. Competitive Equilibria with Arrow Securities
- 91. Heterogeneous Beliefs and Bubbles
- 92. Speculative Behavior with Bayesian Learning
- 93. Affine Models of Asset Prices
- 94. Risk Aversion or Mistaken Beliefs?
Data and Empirics