Monetary Theory and Policy Workshop

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The purpose of this workshop is to understand basic models in contemporary Monetary Theory and Policy.

(Deep) background readings:

  • Patinkin, D. (1956) Money Interest and Prices Row, Peterson & Co
  • Friedman, M., and Schwartz, A., (1963) A Monetary History of the United States 1867-1960, Princeton
  • Woodford, M., (2003) Interest and Prices, Princeton

Textbook:

Problem sets:


Screen Shot 2015-12-30 at 09.36.17Readings on methods:

  • Origins of VAR – Friedman & Meiselman (1963); Lucas (1976); Sims (1980)
  • VAR – McCandles & Weber (1995); Bjornland (2000)
  • Narrative measures – Romer & Romer (1990)
  • Case studies – Sargant (1986)
  • Origins of DSGE – Kydland & Prescott (1982)
  • DSGE and Central Banks – Smets & Wouters (2002, 2007)
  • DSGE – Sbordone et al. (2010); Dotsey (2013); Romer (2011, Chapter 7)
  • After DSGE – Solow (2008); Blanchard (2016)

Other readings:


Courses:

Training programs:

Conferences:


Software links: