I spent a lot of money on booze, birds, and fast cars. The rest I just squandered. George Best
Lectures on Monetary Policy
Giovanni Di Bartolomeo
First Term, Wednesday and Thursday, 14.00-16.00. Aula Marrama, Faculty of Economics [Ed. RM019], 6th floor.
Now, we are here:
End
Classes
Introduction
Self Assessment #1 [delivery Tuesday, 17 October 2023, 10:35 am]
Self Assessment #2 [delivery Thursday, 19 October 2023, 10:35 am]
The Real Business Cycle Approach
Solving the Model (by paper& pencil and with the computer)
Team Homework #1 [extra time delivery Thursday, 19 October 2023, 12:00 am]
Self Assessment #3 [delivery Thursday, 19 October 2023, 10:35 am]
Self Assessment #4 [delivery Thursday, 19 October 2023, 10:35 am]
The New Keynesian Approach
Blanchard and Kiyotaki Model (real rigidities)
Team Homework #2 [extra time delivery Sunday, 29 October 2023, 12:00 am]
Woodford-Galì DSGE Model (nominal rigidities)
Monetary Policy in the Woodford-Galì DSGE Model: Rules and REE Determinacy
Optimal Monetary Policy in the Woodford-Galì DSGE model: Discretion vs. Commitment
Additional topics
Ramsey's Approach and the Optimal Inflation Rate (Schmitt-Grohe and Uribe and Acocella, Di Bartolomeo and Tirelli's Extension)
Teams
Blues: Nicoló Ullo and Alessandro Muolo.
Gunners: Luigi Serio, Andrea Recine, and Edgar Najem.
Spurs: Riccardo Casullo, Federico Gabriele, and Sebastiano Martelli.
Red Devils. Enzo Adrian Casella
Villans. Niccolò Piccoli and Adam Skarda.
Reds. Gianluca Sanchirico and Simone Mina.
Hammers. Enzo Adrian Casella.
Wolves. Francesca Pia Iacolare, Simone Iudice, Davide Mascioli .
Saints. Giordano Palombini, Jessica Agostini, Sara Licciardi.
Textbooks
N. Acocella, G. Di Bartolomeo, A. Hughes Hallett, Macroeconomic Paradigms and Economic Policy, Cambridge University Press, 2016
J. Galì, Monetary Policy, Inflation, and the Business Cycle, Princeton University Press, 2015
A short video with an introduction to Dynare with a focus on solution and simulation methods by Willi Mutschler (we thank him)
Disclaimer
Web page materials are not self-contained, do not always constitute original material, and contain some “cut and paste” pieces from various sources that might not always explicitly refer to (although I am trying to cite my sources as much as possible). Therefore, they are not intended to be used outside the course or distributed. Thank you for catching typos and mistakes