Macroeconomics 411-1

The D11 class is the Graduate Macroeconomics class for first year Ph.D. students. Information is organized by:

Year

2019    

2018

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2011

2010

2009

2008

2007

2006

2005(fall)

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2005w

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2003

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2002

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2001

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2000

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1999

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1998f

 

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1997

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1996

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1995

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1994

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1993

Readings:

Albanesi, Chari and Christiano, 'Expectation Traps and Monetary Policy'.

Albanesi, Chari and Christiano, 'How Severe is the Time Consistency Problem in Monetary Policy?'

Carlstrom, Charles and Timothy Fuerst, ‘Agency Costs, Net Worth, and Business Fluctuations: A Computable General Equilibrium Analysis’  

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.

Krusell, Per, and Jose-Victor Rios-Rull, Vested Interests in a Positive Theory of Stagnation and 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

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Previous exams