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Beliefs & Learning and Dynamic Contracts & Mechanism Design: The Macroeconomics of the EU (ECO-AD-DNMCHDSGN)

ECO-AD-DNMCHDSGN


Department ECO
Course category ECO Advanced courses
Course type Course
Academic year 2023-2024
Term BLOCK 1
Credits .5 (EUI Economics Department)
Professors
Contact Simonsen, Sarah
Sessions

20/09/2023 11:00-13:00 @ Seminar Room B, Villa la Fonte

29/09/2023 11:00-13:00 @ Seminar Room B, Villa la Fonte

04/10/2023 9:00-11:00 @ Seminar Room B, Villa la Fonte

11/10/2023 9:00-11:00 @ Seminar Room B, Villa la Fonte

20/10/2023 11:00-13:00 @ Seminar Room B, Villa la Fonte

25/10/2023 9:00-11:00 @ Seminar Room B, Villa la Fonte

Purpose

The title of the half-credit course builds on Tom Sargent’s AEA Presidential Address in 2008 “Evolution and Intelligent Design” and Jean Monnet’s 1976 dictum “Europe will be forged in crises”. In two lines summarizes what the course is about: the theory (the rational expectations revolution, learning & self-confirming equilibrium and crises, forward-looking constraints, dynamic mechanism design & recursive contracts to design a Fiscal Stability Fund and a Lender of Last Resort) and the background EU history as an application (and for further research).
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Page last updated on 05 September 2023

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