Macroeconomics 411-1
The D11 class is the Graduate Macroeconomics class for first year Ph.D.
students. Information is organized by:
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2018
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Readings:
Albanesi, Chari and Christiano, 'Expectation Traps and Monetary Policy'.
Albanesi, Chari and Christiano, 'How Severe is the Time Consistency Problem in Monetary Policy?'
V.V. Chari, 'Time Consistency and Optimal Policy Design'.
L.J.Christiano, Understanding Japan's Saving Rate: The Reconstruction Hypothesis'
L.J.Christiano and Terry Fitzgerald, The Business Cycle: It's Still A Puzzle.
L.J. Christiano and Terry Fitzgerald, Inflation.
L.J.Christiano and Sharon Harrison, Chaos, Sunspots and Automatic Stabilizers
L.J. Christiano and Massimo Rostagno, Money Growth Monitoring and the Taylor Rule.
Cole and Kocherlakota, Zero Nominal Interest Rates: Why They're Good and How to Get Them.
Jonas Fisher, The New View of Growth and Business Cycles
Robert E. Lucas, Jr., On the Size Distribution of Business Firms
Romer, Paul, Growth Based on Increasing Returns Due to Specialization.
Francois Velde on the US Saving Rate
Herrendorf and Teixeira, Monopoly Rights Can Reduce Income Big Time .
Jovanovic and Rousseau, Technology and the Stock Market: 1885-1998
Kongsamut, Rebelo and Xie, Beyond Balanced Growth.
Greenwood,
Hercowitz and Krusell,
Long-run Implications of Investment-specific Technical Change.
Mehra and Prescott, The Equity Premium: A
Puzzle
Parente and Prescott, 1999, Monopoly Rights: A
Barrier to Riches
Parente and Prescott, 1994, Barriers to
Technology Adoption and Development
Prescott
and Summers on 'Real Business Cycles'.
Jones and Manuelli, "The Sources of Growth," Journal of Economic Dynamics and Control, January, 1997.
Susanto Basu, Technology and Business Cycles: How Well do Standard Models Explain the Facts?
Kiminori Matsuyama, Growing Through Cycles, Econometrica, March 1999.
Andrei Shleifer, Implementation Cycles, Journal of Political Economy, 1986.
Data
Type of
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