{"id":10150,"date":"2024-11-12T09:01:06","date_gmt":"2024-11-12T08:01:06","guid":{"rendered":"https:\/\/www.uni.lu\/research-en\/?page_id=10150"},"modified":"2026-04-20T09:00:58","modified_gmt":"2026-04-20T07:00:58","slug":"advanced-macroeconomics-ii-part-b","status":"publish","type":"page","link":"https:\/\/www.uni.lu\/research-en\/doctoral-education\/dsefm\/advanced-macroeconomics-ii-part-b\/","title":{"rendered":"Advanced Macroeconomics II &#8211; Part B"},"content":{"rendered":"\n<section class=\"py-0 wp-block-unilux-blocks-free-section section\"><div class=\"container xl:max-w-screen-xl\">\n<section class=\"wp-block-unilux-blocks-free-section section\"><div class=\"container xl:max-w-screen-xl\">\n<h2 class=\"has-text-align-left wp-block-unilux-blocks-heading\"        id=\"course-advanced-macroeconomics-ii-part-b\"\n    >\nCourse: Advanced Macroeconomics II &#8211; Part B<\/h2>\n\n\n<div class=\"wp-block-unilux-blocks-spacer is-spacer-size-sm\"><\/div>\n\n\n<p><\/p>\n\n\n\n<p><strong>Professor: <\/strong>Christos Koulovatianos<\/p>\n\n\n\n<p><strong>ECTS<\/strong>: 2<\/p>\n\n\n\n<p><strong>Aims:<\/strong><\/p>\n\n\n\n<p>This course connects students to the research frontier of modern Macroeconomics. It builds on and complements the PhD training in Macroeconomics that begins with the course <em>Advanced Macroeconomics <\/em>I of the Master in Quantitative Economics and Finance (past Research Track). The course content includes most recent advances business cycle theory, heterogeneous-agent models, financial stability and asset pricing. An introduction to dynamic fiscal policy will introduce students to normative and predictive issues. The course emphasizes theoretical foundations, empirical applications, policy analysis, and computational methods. Emphasis is given to continuous-time stochastic numerical dynamic programming and viscosity solutions and to state-of-the art financial-stability models with endogenous crises.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><strong>Objectives:<\/strong><\/p>\n\n\n\n<p>Upon successful completion of this course students will be able to:<\/p>\n\n\n\n<ul class=\"ulux-list\">\n<li class=\"ulux-list-item\"> understand and contribute to the theory and policy of business cycles, heterogeneous-agent models and asset pricing<\/li>\n<\/ul>\n\n\n\n<ul class=\"ulux-list\">\n<li class=\"ulux-list-item\"> understand and apply numerical techniques of dynamic optimization (Matlab)<\/li>\n<\/ul>\n\n\n\n<ul class=\"ulux-list\">\n<li class=\"ulux-list-item\"> understand and apply calibration techniques<\/li>\n<\/ul>\n\n\n\n<ul class=\"ulux-list\">\n<li class=\"ulux-list-item\"> understand the new economics of endogenous crises<\/li>\n<\/ul>\n\n\n<div class=\"wp-block-unilux-blocks-spacer is-spacer-size-md\"><\/div><\/div><\/section>\n<\/div><\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":287,"featured_media":9434,"parent":76,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"featured_image_focal_point":[],"show_featured_caption":false,"ulux_newsletter_groups":"","uluxPostTitle":"","uluxPrePostTitle":"","_trash_the_other_posts":false,"_price":"","_stock":"","_tribe_ticket_header":"","_tribe_default_ticket_provider":"","_tribe_ticket_capacity":"0","_ticket_start_date":"","_ticket_end_date":"","_tribe_ticket_show_description":"","_tribe_ticket_show_not_going":false,"_tribe_ticket_use_global_stock":"","_tribe_ticket_global_stock_level":"","_global_stock_mode":"","_global_stock_cap":"","_tribe_rsvp_for_event":"","_tribe_ticket_going_count":"","_tribe_ticket_not_going_count":"","_tribe_tickets_list":"[]","_tribe_ticket_has_attendee_info_fields":false,"footnotes":""},"field-of-interest":[45],"organisation":[137],"authorship":[48,83,85,33,217,194,196,214,287,320],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.3 (Yoast SEO v22.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Advanced Macroeconomics II - Part B - University of Luxembourg I Uni.lu<\/title>\n<meta name=\"description\" content=\"Professor: Christos Koulovatianos ECTS: 2 Aims: This course connects students to the research frontier of modern Macroeconomics. It builds on and\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.uni.lu\/research-en\/doctoral-education\/dsefm\/advanced-macroeconomics-ii-part-b\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Advanced Macroeconomics II - Part B\" \/>\n<meta property=\"og:description\" content=\"Professor: Christos Koulovatianos ECTS: 2 Aims: This course connects students to the research frontier of modern Macroeconomics. 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