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41627-01 - Kolloquium: Microeconomic Rigidities in Macroeconomics 3 KP

Semester Herbstsemester 2019
Angebotsmuster Jedes Herbstsemester
Dozierende Sarah Lein (sarah.lein@unibas.ch, BeurteilerIn)
Inhalt Content: The first part of the Colloquium takes place at the beginning of the semester with an introductory lecture. This lecture outlines the role of microfoundations for modern macroeconomic models. The most important microeconomic rigidities assumed in New-Keynesian type models will be reviewed, in particular price/wage/information rigidities.

In the second part of the Colloquium students present and discuss articles related to theoretical models incorporating microeconomic rigidities and related to the empirical literature, which provides evidence on the extent of microeconomic rigidities using micro data. Each participant receives one article, which should be summarized and evaluated in a short paper (7-10 pages max). The paper has to be handed in one week before the presentation. Each paper receives a 45 min slot, which starts with a 20-25 minute presentation of the paper, followed by a 5-10 minute discussion by another student and a 15 minute general discussion.
Lernziele Most modern macroeconomic models are microfounded. This course gives an overview of the most important microfoundations and of the empirical research that provides evidence on these microfoundations. We will also evaluate the extent to which microecnomic rigidites are able to explain macroeconomic fluctuations.
Literatur Gali, Jordi (2015), Monetary Policy, Inflation, and the Business Cycle. Princeton University Press.
Walsh, Carl. (2010), Monetary Theory and Policy. MIT Press.
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Anmeldung zur Lehrveranstaltung Registration: Please enrol in MOnA. EUCOR-Students and students of other Swiss Universities have to enrol at the students administration office (studseksupport1@unibas.ch) within the official enrolment period. Enrolment = Registration for the exam!
Unterrichtssprache Englisch
Einsatz digitaler Medien kein spezifischer Einsatz
HörerInnen willkommen


Intervall unregelmässig
Datum 17.09.2019 – 14.11.2019
Zeit Siehe Detailangaben

Attention, the event does not always take place in the same room. The dates and corespnding rooms can be seen below:

Datum Zeit Raum
Dienstag 17.09.2019 09.15-12.15 Uhr Wirtschaftswissenschaftliche Fakultät, Seminarraum S16 HG.39
Dienstag 12.11.2019 09.15-18.00 Uhr Wirtschaftswissenschaftliche Fakultät, Seminarraum S16 HG.39
Donnerstag 14.11.2019 09.15-18.00 Uhr Wirtschaftswissenschaftliche Fakultät, Seminarraum S14 HG.32
Module Kernmodul: Core Areas in Monetary Economics (Masterstudium: International and Monetary Economics)
Vertiefungsmodul: Monetary Economics and Financial Markets (Masterstudium: Wirtschaftswissenschaften)
Leistungsüberprüfung Semesterendprüfung
Hinweise zur Leistungsüberprüfung Final grade: Presentation (40%), Discussion (10%), participation in general discussion (20%), seminar paper (30%).
An-/Abmeldung zur Leistungsüberprüfung Belegen via MOnA innerhalb der Belegfrist
Wiederholungsprüfung keine Wiederholungsprüfung
Skala 1-6 0,1
Wiederholtes Belegen beliebig wiederholbar
Zuständige Fakultät Wirtschaftswissenschaftliche Fakultät / WWZ, studiendekanat-wwz@unibas.ch
Anbietende Organisationseinheit Wirtschaftswissenschaftliche Fakultät / WWZ