Lecture 1 - Overview
References: Obstfeld and Rogoff (2000)
Materials: Slides, Problem Set 1
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), Problem Set 2, Dynare
Lecture 3 - International Diversification Puzzle
References: Lucas (1982), Cole and Obstfeld (1991), Baxter and Jerman (1997), Heathcote and Perri (2008)
Lecture 4 - International capital flows and global imbalances
References: Lucas (1990), Gourinchas and Jeanne (2009), Mendoza, Quadrini, and Rios-Rull (2009)
Materials: Slides, Country Labels in Excel, Growth accounting notes
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),
Materials: Slides
Lecture 6 - Sovereign Default
References: Atkeson (1991), Aguiar and Gopinath (2006), Arellano (2008), Panizza, Sturzenegger, and Zettelmeyer (2009), Hatchondo and Martinez (2009), Mendoza and Yue (2011),
Chatterjee and Eyigungor (2012), D'Erasmo and Mendoza (2013)
Materials: Slides (theory), Slides (survey and evidence), Problem set 3 (due 3/17)
Lecture 7 - Self-fulfilling Crises
References: Morris and Shin (1998), Cole and Kehoe (2000), Conesa and Kehoe (2012)
Lecture 8 - Business Cycles in Emerging Markets
References: Aguiar and Gopinath (2007), Neumeyer and Perri (2004)
More recent papers
Gabaix and Maggiori (2013), Maggiori (2013), Costinot, Lorenzoni and Werning (2014)
Student presentations
3/31 Siqiang - Schmitt-Grohe and Uribe (2013)
4/1 Chengying - Sosa-Padilla (2014)
4/2 Lhakpa - Azzimonti, Francisco and Quadrini (2014)
Group Research Presentations
3/17 Ideas presentations
4/9 Intermediate presentations
4/23 Final research presentations
Related courses: David Backus and Kim Ruhl, Tim Kehoe, Fabrizio Perri