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<Overview>
Part I: Keynesian Large Macroeconometric
Model
Romer, Chapter 5, Traditional Keynesian
Theories of Fluctuations
Ray C. Fair, Specification, Estimation and Analysis of
Macroeconometric Models, Harvard University Press, 1984,
Chapter 5-8, 15.
백웅기, 오상훈, 한국의 거시경제 분기모형, 한국개발연구, 제15권 제1호, 1993년 봄.
한국은행, 한국경제의 계량경제모형, 2000년
송원호, "우리나라 경기순환의 특징에 관한 연구: GDP의 순환변동을
중심으로", 서울대학교 석사학위논문, 1998년 2월.
Part II. Lucas Critique and Rational
Expectation
Romer, Chapter 6, and 10
Christiano and Eichenbaum,
"Monetary Policy Shocks: What have we learned and to what end?"
Chapter 2, Handbook of Macroeconomics, edited by J.B. Taylor and M.
Woodford, March 2000.
Lucas, R. "Some
international Evidence on Output-Inflation Trade-Offs," AER 1977: 101-115
Lucas, R., "Understanding Business
Cycle," Carnegie-Rochester Conference on Public Policy, 1977.
Part III. New Keynesian Economics
A. Contract Models
Fischer, S., "Long Term Contracts, Rational Expectation, and the
Optimal Money Supply Rule," Journal of Political Economy, 1977,
85(1).
Taylor, J., "Staggering Wage Setting in a Macro Model," AER
May 1979.
Taylor, J.,
"Staggered Price and Wage Setting in Macroeconomics," Chapter 15, Handbook
of Macroeconomics, edited by J.B. Taylor and M. Woodford, March 2000.
B. Menu Cost Models
Mankiw, G., "Small Menu Costs and Large Business Cycles," QJE
May 1985
Akerlof, G. and J. Yellen, "A Near-Rational Models of the Business
Cycles with Wages and Price Inertia," QJE, Supplement, 1985.
Blanchard, O. and N. Kiyotaki, "Monopolistic Competition and the
Effects of Aggregate Demand, AER September 1987.
Caplin A. and D. Spulber, "Menu Costs and the Neutrality of
Money," QJE 1987.
C. Multiple Equilibrium Models
P. Diamond, "Aggregate Demand Management in Search Equilibrium, JPE
1982.
D. Price and Mark-ups
R. Hall, "The Relation between Price and Marginal Costs in US
industry," JPE 1988.
E. Efficiency Wage Theory, Implicit Contract Theory and Hysterisis
Shapiro C. and J. Stiglitz, "Equilibrium Unemployment as a Worker
Discipline Device," AER June 1984.
S. Rosen, "Implicit Contracts: A Survey," Journal of
Economic Literature, September 1985.
Blanchard and Summers, "Hysteresis and the European Unemployment
Problem, NBER Macroeconomic Annual, 1986.
R. Hall, "Labor-Market Frictions and Employment Fluctuations,"
Chapter 17, Handbook of Macroeconomics, edited by J.B. Taylor and M.
Woodford, March 2000.
Part IV: Real Business Cycle Theory
Romer, Chapter 6.
강의록
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