<p><strong>宏观经济学学习文献</strong></p><p><strong>内容包括：</strong></p><p>1. Part I. What to study?<br/>&nbsp;1.1. Lucas’s calculation.<br/>&nbsp;1.2. Difficulties in pricing risk as a caveat to Lucas.<br/>&nbsp;1.3. The nature of time series data as a caveat to Lucas.<br/>2. Part II. Growth.<br/>&nbsp;2.1. Growth and development facts.<br/>&nbsp;2.2. A problem with growth via transition dynamics <br/>&nbsp;2.3. Industrial revolution<br/>&nbsp;2.4. Human capital and external effects.<br/>&nbsp;2.5. Two optimists and a pessimist.<br/>3. Part III. Efficiency.<br/>&nbsp;3.1. Dynamic inefficiency.<br/>&nbsp;3.2. Financial market frictions.<br/>&nbsp;3.3. Endogenous debt constraints.<br/>&nbsp;3.4. Time consistency in policy choice.<br/>&nbsp;3.5. Capital taxation.<br/>&nbsp;3.6. Inflation as a tax.<br/>&nbsp;3.7. Microfoundations of money.<br/>4. Part IV. Fluctuations.<br/>&nbsp;4.1. Technology-shock-driven business cycles.<br/>&nbsp;4.2. The nature of technology shocks.<br/>&nbsp;4.3. Labor market frictions.<br/>&nbsp;4.4. Home production.<br/>&nbsp;4.5. The legacy of Friedman and Schwartz.<br/>&nbsp;4.6. Woodford’s “new monetarist” model.<br/>&nbsp;4.7. Stabilization policy.<br/>&nbsp;4.8. Learnability for policy rule selection.<br/>&nbsp;4.9. Global dynamics and Taylor’s rule.</p><p>下面是其中的一部分：</p><p>Monday, January 26.<br/>Lucas, R. 1987. Models of Business Cycles, Part III, pp. 20-31. Excerpt<br/>from the Yrjo Jahnsson lectures. Basil-Blackwell.<br/>Candidate exam question.<br/>In what sense might economic fluctuations be viewed as a second-order<br/>issue for macroeconomics?<br/>Background material.<br/>Chatterjee, S. 2001. Why does countercyclical monetary policy matter?<br/>Business Review, Federal Reserve Bank of Philadelphia, Second Quarter.<br/>Lucas, Robert E., Jr. 2003. Macroeconomic priorities. American Economic<br/>Review, March, pp. 1-14.<br/>Related papers.<br/>Chatterjee, S., and D. Corbae. 2000. On the welfare gains of reducing the<br/>likelihood of economic crises. Working paper, Federal Reserve Bank of<br/>Philadelphia and University of Texas.<br/>Dolmas, J. 1999. Risk preferences and the welfare cost of business cycles.<br/>Review of Economic Dynamics 1: 646-676.<br/>Gali, J., M. Gertler, and J-D. Lopez-Salido. 2003. Markups, gaps and the<br/>welfare costs of business fluctuations. Working paper, CEPR.<br/>Krusell, P. and A. Smith. 1999. On the welfare effects of eliminating<br/>business cycles. Review of Economic Dynamics 2: 245-272.</p><p>&nbsp;</p><br/>