Notes for Numerical Methods in Quantitative Macro

Slides prepared for teaching numerical methods in quantitative macroeconomics, especially for heterogeneous agent models in general equilibrium with aggregate shocks. WARNING: IN PROGRESS

There seems to be an ongoing interest in this set of lecture notes, but please be aware that they are incomplete. I'll have them updated in a few months.

Contents

1. Root-finding, Optimization Methods, Numerical Integration
2. Value Function Iteration with Discretization
3. Global Approximation Methods
4. Policy Function Iteration, Endogenous Grid Method, and Envelope Condition Method
5. Approximating the Distribution
6. Perturbation Methods
7. Solving Models with Aggregate and Idiosyncratic Risks