Macroecon Reading Group

John Barrdear, Michael Kumhof,2022.’‘The macroeconomics of central bank digital currencies,’‘Journal of Economic Dynamics and Control,Volume 142,p.104-148.LINK.

• bibtex

     
  @article{BARRDEAR2022104148,
  title = {The macroeconomics of central bank digital currencies},
  journal = {Journal of Economic Dynamics and Control},
  volume = {142},
  pages = {104-148},
  year = {2022},
  note = {The Economics of Digital Currencies},
  issn = {0165-1889},
  doi = {https://doi.org/10.1016/j.jedc.2021.104148},
  url = {https://www.sciencedirect.com/science/article/pii/S016518892100083X},
  author = {John Barrdear and Michael Kumhof}}
   

Edward C. Prescott,Finn E. Kydland,1982.'’Time to Build and Aggregate Fluctuations’’.Econometrica: Nov, 1982, Volume 50, Issue 6 p. 1345-1370

• bibtex

     
    @article{10.1257/aer.102.1.238,
    Author = {Jermann, Urban and Quadrini, Vincenzo},
    Title = {Macroeconomic Effects of Financial Shocks},
    Journal = {American Economic Review},
    Volume = {102},
    Number = {1},
    Year = {2012},
    Month = {February},
    Pages = {238–71},
    DOI = {10.1257/aer.102.1.238},
    URL = {https://www.aeaweb.org/articles?id=10.1257/aer.102.1.238}}
     

Iacoviello, Matteo, (2005), House Prices, Borrowing Constraints, and Monetary Policy in the Business Cycle, American Economic Review, 95, issue 3, p. 739-764.

• bibtex

     
  @ARTICLE{Iacoviello-Matteo2005,
  title = {House Prices, Borrowing Constraints, and Monetary Policy in the Business Cycle},
  author = {Iacoviello, Matteo},
  year = {2005},
  journal = {American Economic Review},
  volume = {95},
  number = {3},
  pages = {739-764},
  url = {https://EconPapers.repec.org/RePEc:aea:aecrev:v:95:y:2005:i:3:p:739-764}}
   

Iacoviello, Matteo, and Stefano Neri. 2010. “Housing Market Spillovers: Evidence from an Estimated DSGE Model.” American Economic Journal: Macroeconomics, 2 (2): 125–64.

Dong, Ding, Liu, Zheng, Wang, Pengfei and Zha, Tao, (2022), A theory of housing demand shocks, Journal of Economic Theory, 203, issue C, number S0022053122000746.

• bibtex

   
  @ARTICLE{DLWZ2022,
  title = {A theory of housing demand shocks},
  author = {Dong, Ding and Liu, Zheng and Wang, Pengfei and Zha, Tao},
  year = {2022},
  journal = {Journal of Economic Theory},
  volume = {203},
  number = {C},
  pages = {S0022053122000746},
  url = {https://EconPapers.repec.org/RePEc:eee:jetheo:v:203:y:2022:i:c:s0022053122000746}}
   

Guerrieri, Veronica, Guido Lorenzoni, Ludwig Straub, and Iván Werning. 2022. “Macroeconomic Implications of COVID-19: Can Negative Supply Shocks Cause Demand Shortages?” American Economic Review, 112 (5): 1437–74.link

Hansen, Gary D. (1985): “Invisible labor and the business cycle”, Journal of Monetary Economics 16, pp.309-327.

Moll, B., Rachel, L. and Restrepo, P. (2022), ‘‘Uneven Growth: Automation’s Impact on Income and Wealth Inequality’’. Econometrica, 90: 2645-2683. https://doi.org/10.3982/ECTA19417

• bibtex

   
  @article{https://doi.org/10.3982/ECTA19417,
  author = {Moll, Benjamin and Rachel, Lukasz and Restrepo, Pascual},
  title = {Uneven Growth: Automation's Impact on Income and Wealth Inequality},
  journal = {Econometrica},
  volume = {90},
  number = {6},
  pages = {2645-2683},
  keywords = {Inequality, wealth, capital, returns, wages, labor share, technology, automation},
  doi = {https://doi.org/10.3982/ECTA19417},
  url = {https://onlinelibrary.wiley.com/doi/abs/10.3982/ECTA19417},
  eprint = {https://onlinelibrary.wiley.com/doi/pdf/10.3982/ECTA19417},
  year = {2022}
  }
   

Galí, Jordi. 2014. “Monetary Policy and Rational Asset Price Bubbles.” American Economic Review, 104 (3): 721–52.Link

• bibtex

     
  @article{10.1257/aer.104.3.721,
  Author = {Galí, Jordi},
  Title = {Monetary Policy and Rational Asset Price Bubbles},
  Journal = {American Economic Review},
  Volume = {104},
  Number = {3},
  Year = {2014},
  Month = {March},
  Pages = {721–52},
  DOI = {10.1257/aer.104.3.721},
  URL = {https://www.aeaweb.org/articles?id=10.1257/aer.104.3.721}}
   

Eric Sims, Jing Cynthia Wu. 2021.’‘Evaluating Central Banks’ tool kit: Past, present, and future.’‘Journal of Monetary Economics,Volume 118,P. 135-160,

• bibtex

     
  @article{SIMS2021135,
  title = {Evaluating Central Banks’ tool kit: Past, present, and future},
  journal = {Journal of Monetary Economics},
  volume = {118},
  pages = {135-160},
  year = {2021},
  issn = {0304-3932},
  doi = {https://doi.org/10.1016/j.jmoneco.2020.03.018},
  url = {https://www.sciencedirect.com/science/article/pii/S0304393220300477},
  author = {Eric Sims and Jing Cynthia Wu}
  }
   

• bibtex

     
   @article{10.1257/mac.20180242,
   Author = {Dolado, Juan J. and Motyovszki, Gergő and Pappa, Evi},
   Title = {Monetary Policy and Inequality under Labor Market Frictions and Capital-Skill Complementarity},
   Journal = {American Economic Journal: Macroeconomics},
   Volume = {13},
   Number = {2},
   Year = {2021},
   Month = {April},
   Pages = {292–332},
   DOI = {10.1257/mac.20180242},
   URL = {https://www.aeaweb.org/articles?id=10.1257/mac.20180242}}
     

Head, Allen, Huw Lloyd-Ellis, and Hongfei Sun. 2014. “Search, Liquidity, and the Dynamics of House Prices and Construction.” American Economic Review, 104 (4): 1172–1210.Link

• bibtex

     
  @article{10.1257/aer.104.4.1172,
  Author = {Head, Allen and Lloyd-Ellis, Huw and Sun, Hongfei},
  Title = {Search, Liquidity, and the Dynamics of House Prices and Construction},
  Journal = {American Economic Review},
  Volume = {104},
  Number = {4},
  Year = {2014},
  Month = {April},
  Pages = {1172–1210},
  DOI = {10.1257/aer.104.4.1172},
  URL = {https://www.aeaweb.org/articles?id=10.1257/aer.104.4.1172}}
   

• bibtex

     
    @article{https://doi.org/10.3982/ECTA8994,
    author = {Liu, Zheng and Wang, Pengfei and Zha, Tao},
    title = {Land-Price Dynamics and Macroeconomic Fluctuations},
    journal = {Econometrica},
    volume = {81},
    number = {3},
    pages = {1147-1184},
    keywords = {Land prices, co-movements, competing demand for land, collateral channel, reallocation channel},
    doi = {https://doi.org/10.3982/ECTA8994},
    url = {https://onlinelibrary.wiley.com/doi/abs/10.3982/ECTA8994},
    year = {2013}
    }
     

Bernanke, Ben, Gertler, Mark and Gilchrist, Simon, (1999), The Financial Accelerator in a Quantitative Business Cycle Framework, Handbook of macroeconomics, 1,1341-1393.

• bibtex

     
    @incollection{BERNANKE19991341,
    title = {Chapter 21 The financial accelerator in a quantitative business cycle framework},
    series = {Handbook of Macroeconomics},
    publisher = {Elsevier},
    volume = {1},
    pages = {1341-1393},
    year = {1999},
    issn = {1574-0048},
    doi = {https://doi.org/10.1016/S1574-0048(99)10034-X},
    url = {https://www.sciencedirect.com/science/article/pii/S157400489910034X},
    author = {Ben S. Bernanke and Mark Gertler and Simon Gilchrist}
    }
     

Chang, Chun, Liu, Zheng, Spiegel, Mark and Zhang, Jingyi, (2019), Reserve requirements and optimal Chinese stabilization policy, Journal of Monetary Economics, 103, issue C, p. 33-51.Link

• bibtex

     
  @ARTICLE{CLMZ2019,
  title = {Reserve requirements and optimal Chinese stabilization policy},
  author = {Chang, Chun and Liu, Zheng and Spiegel, Mark and Zhang, Jingyi},
  year = {2019},
  journal = {Journal of Monetary Economics},
  volume = {103},
  number = {C},
  pages = {33-51},
  url = {https://EconPapers.repec.org/RePEc:eee:moneco:v:103:y:2019:i:c:p:33-51}
  }
   

Gertler, M. and Karadi, P. (2011). A model of unconventional monetary policy. Journal of monetary Economics, 58(1), 17-34.

Gertler, M. and Kiyotaki, N. (2010). Financial intermediation and credit policy in business cycle analysis. In Handbook of monetary economics, volume 3, pages 547-599. Elsevier.

Gertler, M. and Karadi, P. (2013). Qe 1 vs. 2 vs. 3…: A framework for analyzing large-scale asset purchases as a monetary policy tool. International Journal of Central Banking.

Galí, Jordi. 2021. “Monetary Policy and Bubbles in a New Keynesian Model with Overlapping Generations.” American Economic Journal: Macroeconomics, 13 (2): 121–67.Link

• bibtex

     
    @article{10.1257/mac.20180427,
    Author = {Galí, Jordi},
    Title = {Monetary Policy and Bubbles in a New Keynesian Model with Overlapping Generations},
    Journal = {American Economic Journal: Macroeconomics},
    Volume = {13},
    Number = {2},
    Year = {2021},
    Month = {April},
    Pages = {121–67},
    DOI = {10.1257/mac.20180427},
    URL = {https://www.aeaweb.org/articles?id=10.1257/mac.20180427}}
     

Jordi Galí,2020,’‘The Effects of A Money-financed Fiscal Stimulus’’,Journal of Monetary Economics,Volume 115,Pages 1-19,

Christiano, L., Dalgic, H. and Li, X. (2022), Modelling the Great Recession as a Bank Panic: Challenges. Economica, 89: S200-S238. https://doi.org/10.1111/ecca.12426