This is an archived course. A more recent version may be available at ocw.mit.edu.

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Calendar

SES # TOPICS
Labor Markets
1 Nominal vs Real Rigidities
2 Intertemporal Substitution in Labor Supply
3 Employment Relationships and Incomplete Contracts in Equilibrium
4 Flows, Search and Restructuring
Financial and Credit Markets
5 Amplification and Persistence
6 Banks and the Credit Crunch
7 Bubbles
The Goods Market
8 Markups
9 Complementarities
10 Small Costs of Price Adjustments