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Advanced Monetary Theory and Policy (ECON 447)

This is the reading list for this course, linking to works indexed on RePEc. This reading list is managed by Christian Zimmermann. You can also create your own reading list here. This page is updated weekly.
This course is taught at University of Connecticut, Department of Economics.
This is a PhD class, second in the sequence for students taking the Macro/Money field at the University of Connecticut.

Relevant JEL codes for this reading list are:

A few chapters of Carl Walsh, Monetary Theory and Policy, at MIT Press are covered as well as the articles below.

What is Money?

Stylized Facts about Money

Walsh, Chapter 1

Introducing Money in a Macroeconomic Model

Money-in-the-Utility Function

Walsh, Chapter 2

Shopping Time

Walsh, Section 3.2


Walsh, Sections 3.3, 3.6

Money Search with Fixed Prices

Money Search with Flexible Prices

Walsh, Section 3.4.2

Limited Participation

Walsh, Section 5.2.2

Imperfect Competitition and Price Stickiness

Walsh, Section 5.3.2

The Credit Channel of Monetary Policy

Walsh, Chapter 7

Perils of VARS

Monetary Policy and Time Inconsistency

Walsh, Chapter 8

Taylor Rules

More on Economies with Incomplete Markets

Beyond Money: Labor Market Trends

IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.