Syllabus/achievement requirements

Reading list

Arnold, L. G., 2002, Business Cycle Theory, Oxford University Press

Favero, C. A., 2001, Applied Macroeconometrics, Oxford University Press. Chp 2.1-2.2, 2,6, 6.1-6.6. K

Walsh, C. E., 1998, Monetary Theory and Policy, MIT Press. Chp 1, 5, 8, 9, 10, 11.

Bernanke, B.S., and F.S. Mishkin (1997), "Inflation Targeting: A New Framework for Monetary Policy?" Journal of Economic Perspectives 11: 97-116. (Download the article from www.jstor.org)

Bj?rnland, H.C. (2000), "Detrending Methods and Stylized Facts of Business Cycles in Norway - an International Comparison". Empirical Economics 25: 369-392. K

Clarida, R., Gali, J. og M. Gertler, 1999, "The Science of Monetary Policy: A New Keynesian Perspective", Journal of Economic Literature, 37(4): 1661-1707. (Download the article from www.jstor.org)

King, R.G. and S.T. Rebelo (2000): "Resuscitating Real Business Cycles", NBER Working Paper No. w7534 (Download the article from: http://papers.nber.org/papers/w7534.pdf)

Kydland, F. E. og E. C. Prescott (1990): "Business cycles: Real facts and a monetary myth", Federal Reserve Bank of Minneapolis Quarterly Review, Spring 1990: 3-18. K

Mishkin, F.S. and K. Schmidt-Hebbel (2001): "One decade of Inflation Targeting in the World: What Do We Know and What Do We Need to Know?", NBER Working Paper No. w8397 (download the article from http://papers.nber.org/papers/w8397)

References marked with K will be part of a compendium and for sale at Kopiutsalget, Akademika.

Additional reading list

Morgan, M. S., 1990, The history of econometric ideas, Cambridge University Press. Chp 2, 3.0 (Introduction) -3.1. K

Hartley, J.E., Hoover, K.D. and K.D. Salyer (1997), "The Limits of Business Cycle Research: Assessing the Real Business Cycle Model", Oxford Review of Economic Policy, 13, p 34-54. K

Romer, C.D. (1999), "Changes in Business Cycles: Evidence and Explanations", Journal of Economic Perspectives, 13: 23-44 (Download the article from http://www.jstor.org)

Published Oct. 25, 2004 8:02 PM - Last modified Jan. 20, 2005 7:55 PM