Reed College
Reed College

Economics 314

Macroeconomic Theory

Spring 2011

Jeffrey Parker, Reed College

 

Projects

  • Project #1: Estimating growth trends for one country  Data sets  Summary of results
    Due: February 9
  • Project #2: Problems based on the Solow growth model
    Due: February 16
  • Project #3: Performing and analyzing convergence regressions  Data set
    Due: February 23
  • Project #4: Problems on Ramsey and Diamond growth models
    Due: March 2
  • Project #5: Problems on endogenous growth models
    Due: March 9
  • Project #6: Problems based on RBC and IS/LM/MP models
    Due: Thursday, March 31
  • Project #7: Problems based on open-economy models
    Due: April 6
  • Project #8: Presentations of empirical papers on wage/price stickiness
    Presentations: April 14 and 15
  • Project #9: Problems based on new Keynesian models
    Due: April 20
  • Project #10: Problems on investment and unemployment models
    Due: May 4

Papers of the week

  • February 11: Barro, Robert J., and Xavier Sala-i-Martin. 1992. Convergence. Journal of Political Economy 100 (2):223-51.
  • February 18: Mankiw, N. Gregory, David Romer, and David N. Weil. 1992. A Contribution to the Empirics of Economic Growth. Quarterly Journal of Economics 107 (2):407-37.
  • February 25: Barro, Robert J. 1987. Government Spending, Interest Rates, Prices, and Budget Deficits in the United Kingdom, 1701-1918. Journal of Monetary Economics 20 (2):221-47.
  • March 4: Hall, Robert E. 1978. Stochastic Implications of the Life Cycle-Permanent Income Hypothesis: Theory and Evidence. Journal of Political Economy 86 (6):971-987.
  • March 11: Abramovitz, Moses. 1986. Catching Up, Forging Ahead, and Falling Behind. Journal of Economic History 46 (2):385-406.
  • April 1: Phillips, A.W. 1958. The Relation Between Unemployment and the Rate of Change of Money Wage Rates in the United Kingdom, 1962-1957. Economica 25 (100):283-299.
  • April 8: Lucas, Robert E., Jr. 1973. Some International Evidence on Output-Inflation Tradeoffs. American Economic Review 63 (3):326-334.
  • April 22: Ball, Laurence, N. Gregory Mankiw, and David Romer. 1988. The New Keynesian Economics and the Output-Inflation Trade-off. Brookings Papers on Economic Activity 1988 (1):1-65.
  • April 29: Cummins, Jason G., Kevin A. Hassett, and R. Glenn Hubbard. 1994. A Reconsideration of Investment Behavior Using Tax Reforms as Natural Experiments. Brookings Papers on Economic Activity 1994 (2):1-59.
  • May 6: Akerlof, George A. 2007. The Missing Motivation in Macroeconomics. American Economic Review 97 (1):5-36.