Course News
November 6, 2009: The slides for the introductury lecture are now available.
(Preliminary) Schedule:
Friday, October 30, 2009, 2.00 p.m. - 6.00 p.m., (Room: t.b.a): Preliminary meeting: Introduction and preparatory lecture (Presentation of the standard New-Keynesian model)
Thursday, January 7, 2010, 9.00 a.m. - 6.00 p.m., (Room: t.b.a.):
Seminar
Friday, January 8, 2010, 12.00 a.m. - 6.00 p.m., (Room: t.b.a.):
Seminar
Friday, January 15, 2009: Deadline for handing in seminar thesis
Location
Johannes Gutenberg University of Mainz, Department of Law and Economics
(Room: To be announced (t.b.a).)
Contact
More information will be available soon...
Registration:
Please come to our preliminary meeting or send an e-mail to gbeck(AT)uni-mainz.de to register for the seminar.
Downloads/Topics
Topics
1. The costs of business cycles and the benefits of stabilization policies
• Lucas (2003)
• Barlevy (2005)
• Yellen and Akerlof (2006)
2. The effects of monetary and fiscal policy shocks: Evidence
(a) Monetary policy shocks
• Christiano et al. (1999)
• Romer and Romer (2004)
(b) Fiscal policy shocks
• Blanchard and Perotti (2002)
• Fatás and Mihov (2001)
• Edelberg et al. (1999)
3. The effects of monetary and fiscal policy in a standard RBC model
• Walsh (2003, chapter 2)
• (Galí, 2008, chapter 2)
• Baxter and King (1993)
4. The effects of monetary and fiscal policy in a standard New-Keynesian
model
• Walsh (2003, chapter 5)
• Galí (2008, chapter 3)
5. Policy rules and macroeconomics stability
• Clarida et al. (2000)
• Andrés and Doménech (2006)
6. Monetary and fiscal policy interaction
• Schmitt-Grohe and Uribe (2004)
• Muscatelli et al. (2004)
7. Effects of government debt on the economy
• Elmendorf and Mankiw (1998)
8. Monetary policy in deflation
• Orphanides (2004)
• Eggertsson and Woodford (2003)
• Svensson (2006)
9. Monetary and fiscal policy in a monetary union
• Galí and Monacelli (2005)
• Benigno (2004)
10. Monetary and fiscal policy in EMU
• Canzoneri et al. (2005)
• Beetsma and Uhlig (1999)
• Uhlig (2002)
11. Open economy issues
• Clarida et al. (2001)
• Darracq-Pariès (2003)
• Ball (1998)
12. The role of monetary and fiscal policy in the current economic crisis
• Davig and Leeper (2009)
• Christiano et al. (2009)
• Cochrane (2009)
• Eggertsson (2009)
• Goodfriend (2009)
• Hall and Sargent (2009)
• Sims (2009)
• Uhlig (2009)