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.
NB! Some additional articles will be suggested at the start of the course.
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