Recommended Readings and Websites Covering
Recent Trends in Macroeconomic Theory

Last Updated: 9 December 2010

Site Maintained By:
Professor Leigh Tesfatsion
Department of Economics/375 Heady
Iowa State University
Ames, Iowa 50011-1070
(515) 294-0138
http://www.econ.iastate.edu/tesfatsi/
tesfatsi AT iastate.edu

Econ 606 Home Page (Ph.D. Module on Macro Coordination)
Econ 602 Home Page (Ph.D. Module on Growth Theory)
Econ 502 Home Page (Master's Level Macro Theory)

Topic Areas

I. INTRODUCTION

  1. Overview

    Suggested Readings and Websites:

  2. Empirical Characteristics of the U.S. Economy

    Suggested Readings and Websites:

  3. Macro Modeling: Alternative Approachs

    Suggested Readings and Websites:

II. REVIEW AND CRITIQUE OF IS-LM MODELING

  1. The Basic IS-LM Model

    Suggested Readings and Websites:

  2. Aggregate Supply and Price Adjustment

    Suggested Readings and Websites:

III. ECONOMIC GROWTH: MICROFOUNDATIONS ISSUES

  1. Introduction to Economic Growth

    Suggested Readings and Websites:

  2. Aggregate Production Functions: Form and Measurement

    Suggested Readings and Websites:

  3. Total Factor Productivity: Definition and Measurement

    Suggested Readings and Websites:

  4. Neoclassical Growth Models

    Suggested Readings and Websites:

III-Addendum. MICROFOUNDATIONS ISSUES: CONSUMER BEHAVIOR ILLUSTRATIONS

  1. The Forward-Looking Consumption Hypothesis

    Suggested Readings and Websites:

  2. A Simple Flexible-Price IS-LM Model with Bonds and Wealth Effects

  3. Micro Modeling of Forward-Looking Consumer Behavior

  4. The Budget Deficit and Ricardian Equivalence

    Suggested Readings and Websites:

IV. EXPECTATIONS MODELING AND TIME INCONSISTENCY ISSUES

  1. Adaptive versus Rational Expectations

    Suggested Readings and Websites:

  2. Implications for Policy Choice Over Time

    Suggested Readings and Websites:

VI. COORDINATION ISSUES

  1. Walrasian Equilibrium: A Benchmark of Coordination Success?

    Suggested Readings and Websites:

  2. Post-Walrasian Macroeconomics

    Suggested Readings and Websites:

  3. The New Keynesian Approach

    Suggested Readings and Websites on the Efficiency Wage Theory:

    Suggested Readings an Websites on New Keynesian Economics in General:

  4. Coordination Issues: More General Considerations

    Suggested Readings and Websites on Coordination Issues:

VI. INTERNATIONAL ASPECTS

  1. Exchange Rates

  2. Balance of Payments and the Mundell-Fleming Model

  3. New Directions

    Suggested Readings and Websites:

Copyright © 2010 Leigh Tesfatsion. All Rights Reserved.