Princeton, 2008. — 224 p.The New Keynesian framework has emerged as the workhorse for the analysis of monetary policy and its implications for inflation, economic fluctuations, and welfare. It is the backbone of the new generation of medium-scale models under development at major central banks and international policy institutions, and provides the theoretical underpinnings of the inflation stability-oriented strategies adopted by most central banks throughout the industrialized world. This graduate-level textbook provides an introduction to the New Keynesian framework and its applications to monetary policy.Using a canonical version of the New Keynesian model as a reference framework, Jordi Galí explores issues pertaining to the design of monetary policy, including the determination of the optimal monetary policy and the desirability of simple policy rules. He analyzes several extensions of the baseline model, allowing for cost-push shocks, nominal wage rigidities, and open economy factors. In each case, the implications for monetary policy are addressed, with a special emphasis on the desirability of inflation targeting policies.Uses a single benchmark model throughout.Concise and easy to use.Includes exercises.An ideal resource for graduate students, researchers, and market analysts.
Чтобы скачать этот файл зарегистрируйтесь и/или войдите на сайт используя форму сверху.
Princeton University Press, 2009. — 1008 p. — ISBN: 0691132925, 9780691132921
Introduction to Modern Economic Growth is a groundbreaking text from one of today's leading economists. Daron Acemoglu gives graduate students not only the tools to analyze growth and related macroeconomic problems, but also the broad perspective needed to apply those tools to the big-picture...
Princeton University Press, 2000, 712 pp.
This book is designed to serve as the textbook for a first-year graduate course in econometrics. It has two distinguishing features. First, it covers a full range of techniques with the estimation method called the Generalized Method of Moments (GMM) as the organizing principle. I believe this unified approach is the most efficient way...
2 edition. — The MIT Press, 2004. — 1033 p. — ISBN-10: 026212274X
Recursive methods offer a powerful approach for characterizing and solving complicated problems in dynamic macroeconomics. Recursive Macroeconomic Theory provides both an introduction to recursive methods and advanced material, mixing tools and sample applications. The second edition contains substantial...
4th ed. — McGraw-Hill/Irwin, 2012. — 738 p. — (McGraw-Hill Series Economics). — ISBN 0073511374, 9780073511375. David Romer's Advanced Macroeconomics, 4e, continues its tradition as the standard text and the starting point for graduate macroeconomic courses and helps lay the groundwork for students to begin doing research in macroeconomics and monetary economics. Formal models are...
3rd edition. — Addison-Wesley, 2010. — 827 с. — ISBN-10: 0138009007, ISBN-13: 978-0138009007.
An approach to modern econometrics theory and practice through engaging applications.
Grasp the relevance of econometrics with Introduction to Econometrics–the text that connects modern theory and practice with engaging applications.
The third edition builds on the philosophy that...
Princeton University, (Preliminary). Michael Woodford 2002, - 511 p.
(Foundations of a Theory of Monetary Policy).
The Return of Monetary Rules.
Optimizing Models with Nominal Rigidities.
A Neo-Wicksellian Framework for the Analysis of Monetary Policy.
Monetary Policy and Investment Dynamics.
Inflation Stabilization and Welfare.