ADVANCED MACROECONOMICS

Guidelines for Economics Exams 2020

Advanced Macroeconomics-Essay topics-RESIT

EX1 August Resubmission

Announcements

Advanced Macroeconomics-Module Syllabus (updated)

Gali (2015) Monetary policy, inflation and the business cycles (copy)

Lavoie (2014) Post-Keynesian economics: new foundations

Godley-Lavoie (2012) Monetary economics

Romer (2012) Advanced macroeconomics

Taylor (2004) Reconstructing macroeconomics

Lavoie (2014) Chapter 4-Credit money and central banks

Essay topics

AS1

Postgraduate marking criteria

How to submit your coursework online

Plagiarism, citations, biblioraphy and presentation

Word count and penalties

Exam questions-Examples

Additional exercises

Additional exercises-Solutions

AS1 - Aug 2020 Re-submission

Topic 1: Contemporary debates on macroeconomic policies and the climate crisis

Lecture 1-Macroeconomic policies and the climate crisis

Tutorial 1-Macroeconomic policies and the climate crisis

Krogstrup-Oman (2019) Macroeconomic and financial policies for climate

Dell'Arricia et al (2018) Unconventional monetary policies

Stockhammer et al (2019) Demand effects of fiscal policy since 2008

Arestis-Sawyer (2010) What monetary policy after the crisis

Bank of England (2012) The distributional effects of asset purchases

Campiglio et al (2018) Climate change challenges

Cespedes-Velasco (2014) Fiscal policy in commodity republics

Colciago et al (2019) Central bank policies and inequality

DeLong-Summers (2012) Fiscal policy in a depressed economy

Kuttner (2018) Ouside the box

Lavoie-Fiebiger (2018) Unconventional monetary policies

Matikainen et al (2017) The climate impact of QE

Nersisyan-Wray (2019) How to pay for the Green New Deal

Nyborg (2017) Central bank collateral frameworks

Verhoef-Pateguana (2019) Colonised-The Development of Central Banking in Mozambique 1975 2010

Volz (2017) On the role of central banks

Topic 2: DSGE modelling

Lecture 2-DSGE modelling

Tutorial 2-DSGE modelling

Tutorial 2-DSGE modelling (Question 1-solution)

Costa-Junior-Garci-Cinanto (2018) Teaching DSGE models

Gali (2015) Chapter 3-The basic New Keynesian model

Gali (2018) The state of New Keynesian economics

Gertler-Kiyotaki (2010) Financial intermediation

Christiano et al (2018) On DSGE models

Dullien (2009) The new consensus from a Keynesian perspective

Gali-Gertler (2007) Macroeconomic modeling for monetary policy

Jakab-Kumhof (2019) Banks are not financial intermediaries

Romer (2012) Chapter 7-DSGE models

Romer (2016) The trouble with macroeconomics

Stiglitz (2018) Where modern macroeconomics went wrong

Woodford (2009) Convergence in macroeconomics

Topic 3: Stock-flow consistent modelling

Lecture 3-SFC modelling

Tutorial 3-SFC modelling

Godley-Lavoie (2012) Chapter 1-Introduction

Godley-Lavoie (2012) Chapter 2-Balance sheets

Lavoie-Godley (2001-2) Kaleckian models of growth

Nikiforos-Zezza (2017) SFC macro models

Bezemer (2010) Understanding financial crisis

Caiani et al (2016) Agent-based SFC macroeconomics

Caverzasi-Godin (2015) Post-Keynesian SFC modelling

Dafermos (2012) Liquidity preference

Godley-Lavoie (2007) Fiscal Policy in a stock-flow consistent model

Macedo e Silva-Dos Santos (2011) Peering over the edge of short-period

Topic 4: Minsky's FIH and financial regulation

Lecture 4-Minsky's FIH and financial regulation

Tutorial 4-Minsky FIH and financial regulation

Hanson et al (2011) A macroprudential approach to financial regulation

King-Tarbert (2011) Basel III-an overview

Minsky (1992) The financial instability hypothesis

Wray-Tymoigne (2009) Macroeconomics meets Minsky

Ferri-Minsky (1992) Market processes and thwarting systems

Kregel (2014) Minsky and dynamic macroprudential regulation

Nikolaidi (2017) Three decades of modelling Minsky