授课内容：宏观经济学
授 课 人：杜教授
授课时间：2018年12月10日—13日，每天14：00—17：30
授课地点：舜耕校区3501
主办单位：yl8cc永利
Course Outline and Reading List
1. Consumption and Savings
Blanchard and Fischer, Section 6.2 and 10.1
Romer, Chapter 7
Modigliani, Franco (1986), “Life Cycle, Individual Thrift, and the Wealth of Nations,” American Economic Review, 76, pp.297 – 313
2. Expectations and Economic Dynamics
Nerlove, Mark (1958), “Adaptive Expectations and Cobweb Phenomena”, Quarterly Journal of Economics, 72, pp. 227 – 240.
Muth, John (1961), “Rational Expectations and the Theory of Price Movements”, Econometrica 29, pp. 315 – 335.
Blanchard and Fischer, Section 5.1, Appendix to Chapter 5, Section 10.4
Barksy, Robert and J. Bradford De Long (1993), “Why Does the Stock Market Fluctuate,” The Quarterly Journal of Economics, 108, pp. 291-311
Techniques:
Blanchard, O., and C. M. Kahn (1980) “The Solution of Linear Difference Models under Rational Expectations”, Econometrica, 48, 1305-1313.
Sims, Chris (2000), “Solving Linear Rational Expectations Models”, unpublished manuscript, Princeton University.
3. Real Business Cycle Theory
Books: Handbook of Macroeconomics
Plosser, Charles (1989), “Understanding Real Business Cycles”, Journal of Economic Perspectives.
King, Robert, Charles Plosser and Sergio Rebelo (1988), “Production, Growth and Business Cycles: I. The Basic Neoclassical Growth Model”, Journal of Monetary Economics, 21, pp. 195-232.
Campbell, John (1994), “Inspecting the Mechanism: An Analytical Approach to the Stochastic Growth Model”, Journal of Monetary Economics, 33, pp. 463-506.
Solon, Gary, Robert Barskey and Jonathan Parker (1994), “Measuring the Cyclicality of of Real Wages: How Important is Composition Bias?,” Quarterly Journal of Economics, 109, pp. 1-25.
Card, David (1994), “Intertemporal Labor Supply: An Assessment,” in Chris Sims, ed., Advances in Econometric Theory.
King, Robert and Sergio Rebelo (1998), “Resuscitating Real Business Cycles,” in Taylor, John and Michael Woodford eds., Handbook of Macroeconomics.
Kydland, Finn and Edward Prescott (1982), “Time to Build and Economic Fluctuations,” Econometrica, 50, pp. 1435-70.
Gali, Jordi (1999), “Technology, Employment and the Business Cycle: Do Technology Shocks Explain the Business Cycle,” American Economic Review, 249, pp.271-
Gali, Jordi and Pau Rabanal (2004), “Technology Shocks and Aggregate Fluctuations: How Well Does the RBC Model Fit Postwar U.S. Data?,” NBER Macroeconomics Annual.
4. Monetary Economics
Book: Interest and Prices: Foundations of a Theory of Monetary Policy
Chapters 2, 3 and 4
5. Heterogeneous Agent Models in Continuous Time
Lecture notes by Moll: http://www.princeton.edu/~moll/notes.htm
