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主讲人 |
Jieran Wu |
简介 |
<p>We propose a novel approach of solving and analyzing linear rational expectations models with endogenous information frictions. Our approach is build upon policy function iterations in the frequency domain. We develop the theoretical framework of this approach using rational approximations, analytic continuation, and discrete Fourier transform. We provide the numerical implementations accompanied with a computational toolbox. We demonstrate the efficiency and accuracy of our method by studying four models in macroeconomics and finance that feature “learning from price", higher-order expectations, and general equilibrium rational inattention.</p> |
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主讲人简介 |
<p>Jieran Wu is now an associate professor of finance at the school of economics, Zhejiang University. His Research Interests includes macro-finance theory, asset pricing, and computational and mathematical economics. In particular, I am interested in the study of information and learning in macroeconomics and finance. Prior to his position at Zhejiang University, he earned his Ph.D. in economics from the University of Virginia, U.S.A.</p> |
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