CEMLA Course: Macroeconomics and Numerical Methods
November 27 - December 3
Videoconference
Gustavo Leyva (CEMLA) taught the course, which offered an introductory look at modern intertemporal macroeconomics, with special emphasis on developing numerical methods to solve representative and heterogeneous agent economies. The course dealt with iteration methods on the value function, the Euler equation, and parametric approximation methods for the decision rules. In addition, discretization algorithms for autoregressive processes were discussed to implement the solution of these economies on the computer. The course was taught virtually between November 27 and December 3, 2024.
All course materials, including slides, handouts, and Matlab codes, are available at:
Gustavo Leyva - Teaching
Gustavo Leyva Jiménez
Gustavo conducts research on macroeconomics and labor economics. He is currently a Senior Research Economist at CEMLA. He recently worked in the Research Department of Banco de México. Gustavo received an M.A. and a Ph.D. in Economics at the University of Minnesota in 2013 and 2016. He also earned his M.A. in Economics from the University of Chile in 2008, after which he joined the Research Department of the Central Bank of Chile. His leading publications appear in the Journal of International Economics, the IMF Economic Review, and the Review of Economic Dynamics.