Lecture 8 Supplement

Lecture 8 Supplement - Fall 2011 University of California,...

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Fall 2011 Christina Romer University of California, Berkeley David Romer ECONOMICS 210C / ECONOMICS 236A MACROECONOMIC HISTORY SUPPLEMENTAL READINGS OCTOBER 19 – MONETARY POLICY AT THE ZERO LOWER BOUND Levin, Andrew, David López-Salido, Edward Nelson, and Tack Yun. 2010. “Limitations on the Effectiveness of Forward Guidance at the Zero Lower Bound.” International journal of Central Banking 6 (March): 143-189. Eggertsson, Gauti, and Michael Woodford. 2003. “The Zero Bound on Interest Rates and Optimal Monetary Policy.” Brookings Papers on Economic Activity , no. 1, 139-233. Werning, Iván. 2011. “Managing a Liquidity Trap: Monetary and Fiscal Policy.” National Bureau of Economic Research Working Paper No. 17344 (August). Williams, John C. 2009. “Heeding Daedalus: Optimal Inflation and the Zero Lower Bound.” Brookings Papers on Economic Activity , no. 2, 1-37. Hatzius, Jan, and Sven Jari Stehn. 2011. “The Case for a Nominal GDP Level Target.” Global Sachs Global ECS Research,
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This note was uploaded on 02/28/2012 for the course ECON 210c taught by Professor Romer,c during the Fall '08 term at Berkeley.

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Lecture 8 Supplement - Fall 2011 University of California,...

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