Problem Set 4
Macroeconomics Honours (ECON 352D2)
Winter 2012
due Thu, April 12, at the beginning of class
You may solve the exercises in groups of up to four students. You only need to hand in one
solution per group. Please be clear and explain mathemati
Problem Set 1
The real intertemporal model
Macroeconomics Honours (ECON 352D2)
Winter 2012
due Tue, Jan 31, at the beginning of class
You may solve the exercises in groups of up to four students. You only need to hand in one
solution per group. Please be
The Ends of
Four Big Inflations
Thomas J. Sargent
2.1
Introduction
Since the middle 1960s, many Western economies have experienced
persistent and growing rates of inflation. Some prominent economists
and statesmen have become convinced that this inflation
Paper 1:
How effective are capital controls?
by Sebastian Edwards
1999



Controls on outflows (quantitative) have been largely ineffective
o Easily circumvented, encourage corruption, economic adjustment process
disrupted
o Give false sense of securit
Economics 468 Final Exam
1.
In the following model, ct denotes the log of household expenditures
and yt the log of disposable income in period t:
ct = + ct1 + yt + ut .
Here are the results of a regression run on quarterly Canadian data, from the
first qu
Problem Set 2
The monetary intertemporal model
Macroeconomics Honours (ECON 352D2)
Winter 2012
due Thu, Feb 9, at the beginning of class
You may solve the exercises in groups of up to four students. You only need to hand in one
solution per group. Please
Prof. Francisco. RugeMurcia
MACROECONOMIC THEORY
ECON 352D2
Course Description and Objectives
ECON 352D is a twoterm course in macroeconomics. This course is the second term of ECON 352D.
The first term (ECON 352D1) is a prerequisite for this course. No
Econ 352 2016
0. Some mathematical tools
1. Differential equations
Definition.
A differential equation is one that involves an unknown function and its derivatives.
Intuitively, it is an equation that relates the change (or rate of change) in some process
Journal of EconomicPerspectivesVolume11, Number2Spring 1997Pages 97116
Inflation Targeting: A New Framework
for Monetary Policy?
Ben S. Bernanke and Frederic S. Mishkin
he world'scentralbankersand their staffsmeet regularly,in venues from
Basle to Was
The Changing Effects of EnergyPrice Shocks on Economic Activity
and Ination
Gerald Stuber, Research Department
Developments in energy markets in recent years
have signicantly affected the pace of expansion
and ination in the North American and, more
gener
Some Evidence on the Importance of Sticky
Prices
Mark Bils
University of Rochester and National Bureau of Economic Research
Peter J. Klenow
Stanford University and National Bureau of Economic Research
We examine the frequency of price changes for 350 cate
Journal of Economic
PerspectivesVolume Number2Spring 1997Pages 97116
11,
Inflation Targeting: A New Framework
for Monetary Policy?
Ben S. Bernanke and Frederic S. Mishkin
he world'scentralbankersand their staffsmeet regularly, venues from
in
Basle to
Some
International Evidence
Tradeofs
OutputInflation
on
By ROBERT E. LUCAS, JR.*
This paper reports the results of an
empirical study of real outputinflation
tradeoffs, based on annual timeseries from
eighteen countries over the years 195167.
These da
Journalof Economic
PerspectivesVolume Number
3,
3Summer 1989  Pages7990
Real Business Cycles:
A New Keynesian Perspective
N. Gregory Mankiw
he debate over the source and propagation of economic fluctuations rages as
fiercely today as it did 50 years a
MR. KEYNES AND THE "CLASSICS";
A SUGGESTED INTERPRETATION'
By J. R. HICKS
I
IT WILL BE ADMITTED by the least charitable reader that the entertainment value of Mr. Keynes' General Theory of Employment is considerably enhanced by its satiric aspect. But it
Journal of Economic PerspectivesVolume 13, Number 4 Fall 1999 Pages 65 84
How Effective are Capital Controls?
Sebastian Edwards
A
number of authors have recently argued that globalization has gone too
far and that free capital mobility has created a highl
Macroeconomics Honours (ECON 352D2)
Winter 2010
Midterm exam
February 16, 2010
You have 75 minutes for this exam. Neither books nor class notes are permitted. No electronic
devices are permitted. The weight of each question is indicated. There are 80 poin
Macroeconomics Honours (ECON 352D2)
Winter 2010
Midterm exam
February 16, 2010
You have 75 minutes for this exam. Neither books nor class notes are permitted. No electronic
devices are permitted. The weight of each question is indicated. There are 80 poin
Problem Set 3
Macroeconomics Honours (ECON 352D2)
Winter 2012
due Thu, March 22, at the beginning of class
You may solve the exercises in groups of up to four students. You only need to hand in one
solution per group. Please be clear and explain mathemati
Econ 352 2016
1. Measuring the Economy
Economists are in a better position than most social scientists as far as their
sources of information are concerned. Many goods are priced and sold in markets. This
produces a wealth of data that can be used to moti