Christopher Carroll is Professor of Economics at the Johns Hopkins University, and Co-chair of the NBER Working Group on the Aggregate Implications of Microeconomic Consumption Behavior. A brief bio is available in html or pdf and a nontechnical research summary is also available in html or pdf.
Writing on the Global Financial Crisis and Other Topics:
Housing Wealth Effects:
Graduate Lecture Notes:
The Method of Endogenous Gridpoints for Solving Dynamic Stochastic Optimization Problems
Theoretical Foundations of Buffer Stock Saving
The Epidemiology of Macroeconomic Expectations New In "The Economy as an Evolving Complex System, III"
Macroeconomic Expectations of Households and Professional Forecasters Published in February 2003 issue of QJE
A Theory of the Consumption Function, With and Without Liquidity Constraints.
Death to the Log-Linearized Consumption Euler Equation!
Mathematica Programs for "Precautionary Saving and the Marginal Propensity to Consume Out Of Permanent Shocks"
Mathematica Programs for "Saving and Growth with Habit Formation" and "Comparison Utility in a Growth Model"
Mathematica Programs for "Requiem for the Representative Consumer?" Mathematica Programs for Theoretical Results STATA Programs for Table 1
Portfolios of the Rich [Paper] [Software Archive and Data]
Solving Microeconomic Dynamic Stochastic Optimization Problems. Lecture Notes [PDF Version] Mathematica and Matlab Code
Solving Representative Agent Dynamic Stochastic Optimization Problems Lecture Notes [PDF Version] Mathematica Code
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