IMK workshop “Plurale Ökonomik” 2018

This page contains the material used for the Behavioral approaches/Macroeconomics lectures for the IMK workshop (Düsseldorf, 7-9 June 2018).

  1. Paradigmatic shifts in Macroeconomics
  • Paradigmatic shifts in macroeconomics: an evolutionary approach
  • Reasoning types behind the paradigmatic shifts
  • Is the evolutionary process completed?
  • Concluding remarks

Slides Lecture 1

2. The “Behavioral Revolution”

  • The antecedents
  • The institutionalists
  • The macroeconomists
  • The “old” behavioral economics
  • The “new” behavioral economics
  • Current research
  • Concluding remarks

Slides Lecture 2

3. Behavioral Macroeconomics

  • Introduction: the benchmark model
  • Consumption
  • Aggregate supply: Expectations and labor market interactions
  • Asset price bubbles: behavioral foundations
  • Challenging behavioral economics
  • Concluding remarks

Slides Lecture 3

 

4. Behavioral Macroeconomics (“Remastered”)

  • The mainstream approach: overview and critiques
  • Agent-based Computational Economics
  • Comparison of methodologies
  • Complexity and economic models

  • Agents’ behaviors, heterogeneity, and economic models

  • Concluding remarks

Slides Lecture 4

Advertisement