Background papers, which lay out some of the empirical facts and modeling issues:

Christiano, Eichenbaum and Evans, Monetary Policy Shocks: What Have We Learned and to What End?, in Taylor and Woodford, Handbook of Macroeconomics.

Christiano, Eichenbaum and Evans, Modeling Money, NBER Working Paper 6371.

Christiano, Eichenbaum and Evans, Sticky Price and Limited Participation Models: A Comparison, European Economic Review, 1997.

 

Papers that I will cover:

Mike Woodford, Control of the Public Debt: Requirement for Price Stability?, July 1996.

Tack Yun, 1996, Monetary Policy, Nominal Price Rigidity, and Business Cycles, Journal of Monetary Economics, 37:345-70.

Erceg, Henderson and Levine, Optimal Monetary Policy with Staggered Wage and Price Contracts.

Christiano-Eichenbaum-Evans