Topics in Macroeconomics December 2009
Reading List
Books:
Barro R. and X. Sala-i-Martin, Economic Growth, 2nd ed., Introduction, Chapters 1-4, 6-9, 12.
Olivier Jean Blanchard, Stanley Fischer, Lectures on Macroeconomics.（无）
Lars Ljungqvist and Thomas J. Sargent, Recursive Macroeconomic Theory, 2nd ed.
David Romer, Advanced Macroeconomics, 3rd ed.（无）
Nancy L. Stokey and Robert E. Lucas, Jr. with Edward C. Prescott, Recursive Methods in Economic Dynamics.（无）
Papers:
Barro, R.J. (2006). “Rare Disasters and Asset Markets in the Twentieth Century,” Quarterly Journal of Economics, 121, August, 823–866.
Barro, R.J. (2009). “Rare Disasters, Asset Prices, and Welfare Costs,” American Economic Review, 99, March, 243–264.
Barro, R., “Are Government Bonds Net Wealth?,” Journal of Political Economy, 82, 1095-1117, November/December 1974.
R.J. Barro and D.B. Gordon, “Rules, Discretion and Reputation in a Model of
Monetary Policy.” JME, July, 1983.
Calvo, G.A., “Staggered Prices in a Utility-Maximizing Framework”, Journal of
Monetary Economics, 1983(12), 383-398.
R. Clarida, J. Gali and M. Gertler, “The Science of Monetary Policy: A New
Keynesian Perspective.” JEL, December, 1999, sections 1-3.
Cooley, T.F. and E.C. Prescott, “Economic Growth and Business Cycles”, Frontiers of
Business Cycle Research, Chaper 1.
Emmanuel Farhi. (2009). Capital Taxation and Ownership when Markets are Incomplete.
Lucas, R.E., and Stokey, N., “Optimal Monetary and Fiscal Policy in an Econom5
without Capital”, Journal of Monetary Economics, 1983(12), 55-94.
Lucas, R.E., “Econometric Policy Evaluation: A Critique”, Carnegie-Rochester Series
on Public Policy, 1976(1) , 19-46.
Lucas, R.E, “Expectations and the Non-Neutrality of Money”, Journal of Economic
Theory, 1972(4), 103-124.
Mankiw, G.N., “Small Menu Costs and Large Business Cycles”, Quarterly Journal of
Economics, 1985.
Prescott, E.C., “Theory Ahead of Business Cycle Measurement”, Federal Reserve
Bank of Minneapolis Quarterly Review, 1986 (10), 9-22.
J.M. Roberts, “New Keynesian Economics and the Phillips Curve.” JMCB,
November, 1995.
K. Rogoff, “The Optimal Degree of Commitment to a Monetary Target.” QJE,
November, 1985, sections 1-4, 7.
Stock, J.H., and Watson, M., “Business Cycle Fluctuations in US Macroeconomic Time
Series”, Handbook of Macroeconomics , Chapter 1.
Zou, H (1994). “‘The spirit of capitalism’ and long-run growth,” European Journal of Political Economy, 10, 279–293.
Zou, H (1995). “The spirit of capitalism and savings behavior,” Journal of Economic Behavior & Organization, 28, 131–143.