Econ 6320 Monetary Theory

Class information

Tues 7.30pm 308 Dealy Hall

Syllabus

Instructor Information

Johanna Francis

ajofrancis@fordham.edu

Office hours: Mon 6 to 8pm

Office location: Dealy Hall E-507, 5th floor

Course announcements

• Dec 22: Referee report due!
• Dec 16: Final exam
• Dec 9: Student presentations--Early start at 7pm
• Dec 2: Gertler & Kiyotaki 2011 plus wrap up discussion
• Nov 25: Levin & Yun: consumer search; Intro to financial frictions (Gertler & Kiyotaki 2011)
• Nov 18: State Dependent pricing: Dotsey, King & Wolman 1999 + Dotsey & King 2005
• Nov 11: continue with Nakamura & Steinsson 2008 plus Dotsey & King 2005
• Nov 4: Finished Christiano paper (up to indeterminancy issue), introduced the empirics of price setting
• Answer Key for midterm posted on Blackboard (update coming)
• Problem set 2 posted on Blackboard
• Oct 28: continue with Christiano et al 2011, focusing on equilibrium conditions and closing the model
• For reference: slides on baseline New Keynesian model
• Oct 21: Midterm exam during class
• Oct 14: Continue with Christiano et al 2011, focusing on price setting: slides
• Updates on our Blackboard site: referee report assignment and guidelines posted, practice midterm posted
• Oct 6: Read Christiano, et al 2011 (paper on Blackboard)
• Sept 30: Money in the utility function
• Sept 23: Gali chapter 2, money neutrality in standard DSGE model
• For review on dynamic programming and RBC models, read chapter 14 and the appendix (also called chapter 15) in Wickens either 1st or 2nd edition.
• Problem set 1 (also on Blackboard); answers will be posted in 2 weeks.
• Sept 16 introductory Slides plus review dynamic programming
• Sept 9 Slides: intro+Ng and Wright 2013