International Economics 2017

Syllabus

Lecture 1 - Overview

References: Obstfeld and Rogoff (2000)

Materials: Slides

Lecture 2 - International Business Cycles

References: Backus, Kehoe, and Kydland (1994), Heathcote and Perri (2002), Kehoe and Perri (2002)

Materials: Lecture notes, Kehoe-Perri notes (by Heathcote)

Lecture 3 - International Diversification Puzzle

References: Lucas (1982), Cole and Obstfeld (1991), Baxter and Jerman (1997), Heathcote and Perri (2008)

Materials: Lecture notes

Lecture 4 - International capital flows and global imbalances

References: Lucas (1990), Gourinchas and Jeanne (2009), Mendoza, Quadrini, and Rios-Rull (2009), Song, Storesletten, and Zilibotti (2011):

Materials: Slides

Lecture 5 - Reserves and Sudden Stops

References: Heller (1996), Frenkel and Jovanovic (1981), Gourinchas and Obstfeld (2012), Alfaro and Kanczuk (2009), Jeane and Ranciere (2011), Bianchi, Hatchondo and Martinez (2014),

Hur and Kondo (2016)

Materials: Slides

Lecture 6 - Sovereign Default

References: Eaton and Gersovitz (1981), Atkeson (1991), Aguiar and Gopinath (2006), Arellano (2008), Hatchondo and Martinez (2009), Mendoza and Yue (2012),

Chatterjee and Eyigungor (2012), D'Erasmo and Mendoza (2013), Hur, Kondo, and Perri (2017)

Materials: Slides (theory), Slides (survey and evidence)

Lecture 7 - Self-fulfilling Crises

References: Morris and Shin (1998), Cole and Kehoe (2000), Conesa and Kehoe (2015), Aguiar, Chatterjee, Cole, Stangebye (2016), Aguiar and Amador (2013)

Lecture 8 - Business Cycles in Emerging Markets

References: Aguiar and Gopinath (2007), Neumeyer and Perri (2004)

Student presentations

4/5 - Shuyan: Frankel and Romer (1999)

4/12 - Jialin: Aguiar and Amador (2011)

4/21 - Tianyi: Arellano and Bai (2013)

Group Research Presentations

3/31 Ideas presentations

4/14 Intermediate presentations

4/26 Final research presentations

Related courses: Kim Ruhl, Tim Kehoe, Fabrizio Perri