Today I had my first lecture in advanced topics in macroeconomics. The lecture was good, and focused on several basic versions of over-lapping generations models. What really caught my attention, however, was this paper on endogenous business cycles by J.M. Grandmont that was listed in the recommended reading for the course.
I am almost finished with my a major draft of my first year paper (I hope to be finished sometime tomorrow) at which point I will send it off to my supervisor and Prof. Moore for comments and feedback. Once I have finished the draft I think I will spend a couple of days really going through the Grandmont paper and writing some blog posts summarizing some of the key ideas...
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