I’m working on a macro economics writing question and need support to help me understand better.
i’m working on a macro economics writing question and need support to help me learn.Would you like to help with me with question1,2,4,5,6.
Here you can find all the relevant material covering the Real Business Cycle Theory, The Neoclassical Growth Model, the New Keynesian (NK) Model, Optimal Policy in the NK model and Unconventional Monetary Policy. The lecture notes are all contained in one single file.
The main textbook for the module and in particular for the New Keynesian framework and optimal policy is:
Gali, J. (2015). ìMonetary Policy, Ináation, and the Business Cycle: An Introduction to the New Keynesian Framework and Its Applications ñ Second Editionî. Princeton University Press. Chapters 3-5.
Clarida, R, J. Gali, and M. Gertler. (1999). ìThe Science of Monetary Policy: A New Keynesian Perspectiveî. Journal of Economic Literature, 1661-1707.
Eggertsson, G. B. (2011). “What Öscal policy is e§ective at zero interest rates?.” NBER Macroeconomics Annual, 25(1), 59-112.
Nistico, S. (2007). ìThe welfare loss from unstable ináationî. Economic Letters, 96, 51-57.
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