| Title | 向山敏彦先生連続講義 CREPE Lecture Series by Prof. Toshihiko Mukoyama "Heterogeneous Firms and Macroeconomics" |
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| Date | 2021年7月7日（水）、14日（水）、21日（水）、28日（水）いずれも13:00-14:45(日本時間） 1:00pm-2:45pm, July 7, 14, 21, and 28, 2021 (JAPAN TIME) |
| Venue | Zoomでの開催となります。URLについては参加登録された方に後日メールでお知らせいたします。 Online lecture on Zoom: the URL will be sent to registered participants via e-mail. |
| Lecturer | 向山敏彦（Toshihiko Mukoyama, Georgetown University and CREPE) |
| Course Description | This lecture series introduces macroeconomic models with heterogeneous firms. I will first cover the basic datasets and some facts of firm dynamics in macroeconomic contexts, mainly from the United States. After covering the basic Hopenhayn and Rogerson (1993) model and its variants, I will talk about some applications and policy implications of the basic model. Then I will cover the firm dynamics model that involves innovation by firms: Klette and Kortum (2004) and its variants. Finally, I will talk about how firm dynamics can interact with labor market frictions. Contents: 1. Basic datasets, facts, and model (Lecture note 1) 2. Reallocation and misallocation (Lecture note 2) 3. Innovation and firm dynamics (Lecture note 3) 4. Labor market frictions and firm dynamics (Lecture note 4) |
| Information | 講義は英語で行われます（Lecture in English） |