(A) A Job Search Model (Reference(s): (a) Lecture Notes; (b) Sections 2.6 to 2.8, Dynamic Macroeconomic Theory by Thomas J. Sargent.)
Practice Assignment I: [Exercises 2.1, 2.2, 2.3, 2.7 and 2.8 Page #s 85-88, Dynamic Macroeconomic Theory by Thomas J. Sargent]
(B) Asset Pricing: Lucas' Tree Model (Reference(s): (a) Lecture Notes; (b) Sections 3.1 to 3.3, Dynamic Macroeconomic Theory by Thomas J. Sargent.)
Practice Assignment II: [Exercise 3.1, 3.3, 3.4 and 3.6 Page #s 123-125, Dynamic Macroeconomic Theory by Thomas J. Sargent]
Journal Articles: Asset Pricing
(i) Asset Prices in an Exchange Economy (Robert E. Lucas, Jr.)
(ii) Risk Aversion and the Martingale Property of Stock Prices (Stephen F. LeRoy)
Contact Details:
Room 2-04, Tukkiewerf Building, Department of Economics,
University of Pretoria,
Pretoria 0002, South Africa.
Tel: +27 12 420 3460, E-mail: Rangan dot Gupta () up () ac () za.