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14.454 Macroeconomic Theory IV, Fall 2004

A graph from the first problem set.
In the first problem set, this graph is used to illustrate how after the reduction in technology, the number of vacancies in the economy will go down. (Image by Prof. Ricardo Caballero.)

Highlights of this Course

This course features assignments with solutions, and a full study materials section.

Course Description

This half-term course covers the macroeconomic implications of imperfections in labor markets, goods markets, credit and financial markets. The role of nominal rigidities is also an area of focus.


Prof. Ricardo Caballero

Course Meeting Times

One session / week
3 hours / session




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