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. Information and Market Equilibrium
- 32. Incorrect Models
- 33. Bayesian versus Frequentist Decision Rules
- 34. Merging of Opinions: The Blackwell–Dubins Theorem
- 35. Survival and Long-Run Dynamics under Recursive Preferences
Linear Programming
Introduction to Dynamics
- 38. Finite Markov Chains
- 39. Inventory Dynamics
- 40. Linear State Space Models
- 41. Samuelson Multiplier-Accelerator
- 42. The Acceleration Principle and the Nature of Business Cycles
- 43. Kesten Processes and Firm Dynamics
- 44. Wealth Distribution Dynamics
- 45. A First Look at the Kalman Filter
- 46. Another Look at the Kalman Filter
- 47. Organization Capital
- 48. Two Models of Measurements and the Investment Accelerator
Search
- 49. Job Search I: The McCall Search Model
- 50. Job Search II: Search and Separation
- 51. Job Search III: Search with Separation and Markov Wages
- 52. Job Search IV: Fitted Value Function Iteration
- 53. Job Search V: Persistent and Transitory Wage Shocks
- 54. Job Search VI: Modeling Career Choice
- 55. Job Search VII: On-the-Job Search
- 56. Job Search VIII: Search with Learning
Reinforcement Learning
Introduction to Optimal Savings
Household Problems
- 66. The Income Fluctuation Problem I: Discretization and VFI
- 67. The Income Fluctuation Problem II: Optimistic Policy Iteration
- 68. The Income Fluctuation Problem III: The Endogenous Grid Method
- 69. The Income Fluctuation Problem IV: Transient Income Shocks
- 70. The Income Fluctuation Problem V: Stochastic Returns on Assets
LQ Control
Optimal Growth
Multiple Agent Models
- 83. A Lake Model of Employment and Unemployment
- 84. Lake Model with an Endogenous Job Finding Rate
- 85. Rational Expectations Equilibrium
- 86. Stability in Linear Rational Expectations Models
- 87. Markov Perfect Equilibrium
- 88. Uncertainty Traps
- 89. The Aiyagari Model
- 90. Transitions in an Overlapping Generations Model
- 91. A Long-Lived, Heterogeneous Agents, Overlapping Generations Model
- 92. Two Computations to Fund Social Security
Asset Pricing and Finance
- 93. Asset Pricing: Finite State Models
- 94. Stochastic Consumption, Risk Aversion, and the Temporal Behavior of Asset Returns
- 95. Estimating Euler Equations by Generalized Method of Moments
- 96. Competitive Equilibria with Arrow Securities
- 97. Heterogeneous Beliefs and Bubbles
- 98. Speculative Behavior with Bayesian Learning
- 99. Affine Models of Asset Prices
Data and Empirics