Slides prepared for teaching numerical methods in quantitative macroeconomics, especially for heterogeneous agent models in general equilibrium with aggregate shocks. WARNING: IN PROGRESS
There seems to be an ongoing interest in this set of lecture notes, but please be aware that they are incomplete. I'll have them updated in a few months.
- Root-finding, Optimization Methods, Numerical Integration
- Value Function Iteration with Discretization
- Global Approximation Methods
- Policy Function Iteration, Endogenous Grid Method, and Envelope Condition Method
- Approximating the Distribution
- Perturbation Methods
- Solving Models with Aggregate and Idiosyncratic Risks