Teaching Materials

In this section you will find some notes, teaching materials and summaries of papers that I prepared for courses and reading groups. The documents-some of them in spanish-are somewhat old and may contain errors-all of them mine-.


  • These are lecture notes from a Macroeconomics course of the Pre-M.A. in Economics Summer School, UTDT 2011 (in spanish).

  • The following lecture notes are from an introductory Macro course I taught at NYU in the summer of 2015.

  1. Math Review​

  2. Intro to Economics and Macroeconomics

  3. Consumer Theory

  4. Firms and Competitive Markets

  5. Labor, Production and Consumption

  6. Behavior of Households with Markets for Commodities and Credit

  7. Investment

  8. The Public Sector

  • In this paper I replicate (and simply extend) "Unemployment Fluctuations with Staggered Nash Wage Bargaining", by Mark Gertler and Antonella Trigari (JPE 2009), for the course Advanced Macro I (Gertler, NYU Fall 2012).

  • Here are some slides on fiscal policy (Ricardian equivalence, Tax Smoothing, etc.) I prepared for a Macro course of the Masters in Public Policy (Prof. Pablo Guidotti), UTDT 2009 (in spanish).

  • Two random notes: (i) on precautionary savings and mean preserving spreads and (ii) on the endogenous grid method.


  • These are lecture notes from a course on Economic Growth (Prof. Emilio Espino), UTDT 2010 and 2011 (in spanish). They include some Matlab codes.

  • And here are some slides of the same course:

  1. Introduction​

  2. Solow

  3. Technology and Solow Residuals

  4. Poverty

  5. My undergraduate thesis

Monetary Economics

  • These are lecture notes on the search-theoretic approach to monetary economics (in spanish), UTDT 2010.

  • These slides (in spanish) were prepared for a recitation on monetary policy, with discussions on the models of Barro-Gordon ("A Positive Theory of Monetary Policy in a Natural Rate Model," JPE 1983) and Calvo ("Servicing the Public Debt: The Role of Expectations," AER 1988). Prepared for a Macro course of the Masters in Public Policy (Prof. Pablo Guidotti), UTDT 2009.

Summaries of Papers

Here are some slides and summaries of papers-in no particular order-which I prepared for presentation at some courses and reading groups (Sargent Macro Reading Group, NRET Student Theory Seminar, Macro Students Reading Group, and Reading Group on Mechanism Design) at NYU:​

  1. Phelan, C. (2006), "Public Trust and Government Betrayal," Journal of Economic Theory.

  2. Krasa, S. and M. Polborn (2014), "Social Ideology and Taxes in a Differentiated Candidates Framework," American Economic Review.

  3. Acemoglu, D., M. Golosov and A. Tsyvinski (2011), "Power Fluctuations and Political Economy," Journal of Economic Theory.

  4. Acemoglu, D. and T. Verdier (2000), "The Choice between Market Failure and Corruption," American Economic Review.

  5. Brender, A. and A. Drazen (2009), "Do Leaders Affect Government Spending Priorities?" NBER Working Paper No 15368.

  6. Alesina, A., R. Perotti and J. Tavares (1998), "The Political Economy of Fiscal Adjustments," Brookings Papers on Economic Activity.

  7. Buera, F., B. Moll and Y. Shin (2013), "Well-intended Policies," Review of Economic Dynamics.

  8. Acemoglu, D., M. Golosov and A. Tsyvinski (2008), "Political Economy of Mechanisms," Econometrica.

  9. Aguiar, M. and M. Amador (2011), "Growth in the Shadow of Expropriation," Quarterly Journal of Economics.

  10. Acemoglu, D., M. Golosov and A. Tsyvinski (2011), "Political Economy of Ramsey Taxation," Journal of Public Economics.

  11. Battaglini, M. and S. Coate (2008), "A Dynamic Theory of Public Spending, Taxation and Debt," American Economic Review.

  12. Aizenman, J. and N. Marion (2004), "International Reserve Holdings with Sovereign Risk and Costly Tax Collection," The Economic Journal.

  13. Halac, M. and P. Yared (2014), "Fiscal Rules and Discretion under Persistent Shocks," Econometrica.

  14. Amador, M. (2012), "Sovereign Debt and the Tragedy of the Commons," Working Paper.

  15. Aguiar, M., M. Amador and G. Gopinath (2009), "Investment Cycles and Sovereign Debt Overhang," Review of Economic Studies.

  16. Sevcik, P. (2012), "Financial Contracts and the Political Economy of Investor Protection," AEJ: Macroeconomics.

  17. Phelan, C. and E. Stacchetti (2001), "Sequential Equilibria in a Ramsey Tax Model," Econometrica.

  18. Kydland, F. and E. Prescott (1977), "Rules Rather than Discretion: The Inconsistency of Optimal Plans," Journal of Political Economy.

  19. Cho, I. and T. Sargent (1997), "Learning to Be Credible."

  20. Kocherlakota, N. (1996), "Implications of Efficient Risk Sharing without Commitment," Review of Economic Studies.

  21. Cole, H. and N. Kocherlakota (2001), "Efficient Allocations with Hidden Information and Hidden Storage," Review of Economic Studies.

  22. Kocherlakota, N. (1998), "Money is Memory," Journal of Economic Theory.

  23. Fernandes, A. and C. Phelan (2000), "A Recursive Formulation for Repeated Agency with History Dependence," Journal of Economic Theory.

  24. Bester, H. and R. Strausz (2001), "Contracting with Imperfect Commitment and the Revelation Principle: the Single Agent Case," Econometrica.

  25. 2 in 1: Nelson., R, and E. Phelps (1966), "Investment in Humans, Technological Diffusion, and Economic Growth," American Economic Review & Grossman, G. and C. Shapiro (1982), "A Theory of Factor Mobility," Journal of Political Economy.

  26. Drenik, A. and D. Perez (2014), "Price Setting under Uncertainty about Inflation," Working Paper.

  27. Acemoglu, D., P. Aghion, L. Bursztyn and D. Hemous (2012), "The Environment and Directed Technical Change," American Economic Review (discussion).

  28. Calvó-Armengol, A. and M.O. Jackson (2009), "Like Father, Like Son: Social Network Externalities and Parent-Child Correlation in Behavior," AEJ: Microeconomics.