April 16, 2012, Christopher D. Carroll ConsumptionIndexAll

This document provides an index of lecture notes and handouts on consumption theory useful for teaching graduate intertemporal optimization and consumption theory.

The online directory that contains all public lecture notes is

1 Material taught every year in first year graduate macro sequence

2PeriodLCModel:

The Fisher Two-Period Optimal Consumption Problem
[pdf ][html]

ConsAndLaborSupply:

Consumption and Labor Supply
[pdf ][html]

OLGModel:

The Diamond OLG Model
[pdf ][html]

GenAcctsAndGov:

Generational Accounts and the Government
[pdf ][html]

SocSecAndKAccum:

Social Security and Capital Accumulation
[pdf ][html]

Envelope:

The Envelope Theorem and the Euler Equation
[pdf ][html]

PerfForesightCRRA:

Consumption Under Perfect Foresight and CRRA Utility
[pdf ][html]

RandomWalk:

The Random Walk Model of Consumption
[pdf ][html]

ConsumptionFunction:

Consumption Functions and the Permanent Income Hypothesis
[pdf ][html]

StickyExpectationsC:

Sticky Expectations and Consumption Dynamics
[pdf ][html]

Habits:

Consumption Models with Habit Formation
[pdf ][html]

Durables:

Durables
[pdf ][html]

RiskAndPSPremia:

Risk Premia and Precautionary Premia (Figures)
[pdf ][html]

TractableBufferStock:

A Tractable Model of Buffer Stock Saving
[pdf ][html]

PalgravePrecautionary:

Precautionary Saving and Precautionary Wealth

BufferStockAgeProfiles:

Age Consumption/Income Profiles In Data and Theory
[pdf ][html]

Laibson:

The Laibson Model of Time Inconsistency
[pdf ][html]

2 Material taught in some years

2.1 Useful for those who want to explore a question more deeply or are searching for an analytical result

CRRA-RateRisk:

Consumption out of Risky Assets
[pdf ][html]

CARAModelWithYRisk:

Consumption with Constant Absolute Risk Aversion (CARA) Utility
[pdf ][html]

CampManCRRAWithTimeVaryingR:

Dynamics of Consumption with Time Varying R
[pdf ][html]

Equiprobable:

An Equiprobable Approximation to the Bivariate Lognormal
[pdf ][html]

3 Material taught elsewhere

AggImplicationsSlides:

Minicourse at IMF Institute: Micro and Macro Consumption:Slides

AggImplicationsSyllabus:

Minicourse at IMF Institute: Micro and Macro Consumption:Syllabus