Macroeconomic Theory
Spring 2012
Jeffrey Parker, Reed College
Assignments
Projects
- Project 1: Exploring economic growth in one country (Due: February 1)
- Project 2: Solow growth model problems (Due: February 8)
- Project 3: More Solow model problems (Due: February 15)
- Project 4: Ramsey and Diamond model problems (Due: February 22)
- Project 5: Endogenous growth problems (Due: February 29)
- Project 6: Simulation of an RBC model (Due: March 28)
- Project 7: Working with the IS/LM model (Due: April 4)
- Project 8: New Keynesian models (Due: April 11)
- Project 9: Presentations of empirical papers (April 16 and 18)
Papers of the week
Note: These paper assignments and dates are tentative and subject to change depending on how quickly we move through the syllabus.
- February 3: Barro, Robert J., and Xavier Sala-i-Martin. 1992. Convergence. Journal of Political Economy 100 (2):223-51.
- February 10: 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 17: 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.
- February 24: Abramovitz, Moses. 1986. Catching Up, Forging Ahead, and Falling Behind. Journal of Economic History 46 (2):385-406.
- March 2: No paper due to in-class midterm exam.
- March 9: Hamilton, James D. 1983. Oil and the Macroeconomy since World War II. Journal of Political Economy 91 (2):228-48..
- March 23: 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.
- March 30: Friedman, Milton. 1968. The Role of Monetary Policy. American Economic Review 58 (1):1-17.
- April 6: Lucas, Robert E., Jr. 1973. Some International Evidence on Output-Inflation Tradeoffs. American Economic Review 63 (3):326-334.
- April 13: 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 20: Hall, Robert E. 2010. Why Does the Economy Fall to Pieces after a Financial Crisis? Journal of Economic Perspectives 24 (4):3-20.
- April 27: Akerlof, George A. 2007. The Missing Motivation in Macroeconomics. American Economic Review 97 (1):5-36.