マクロ経済学B
参加に当たっては「上級マクロ 経済学」を受講済みであること(もしくはそれと同等の内容を習得済みであるこ とが明確であること) が条件です。ハイブリッド形式で開催します。
取り上げる論文
Barro, Robert. “r minus g.” NBER WP 28002 (2020).
Gertler, Mark, Christopher Huckfeldt, and Antonella Trigari. "Unemployment fluctuations, match quality, and the wage cyclicality of new hires." The Review of Economic Studies 87.4 (2020): 1876-1914.
Acemoglu, Daron, et al. "The environment and directed
technical change."
American economic review 102.1 (2012): 131-66. NBER WP version(こ ちらも利用します)
de Ferra,
Sergio, Kurt Mitman, and
Federica Romei. Why
does
capital flow from equal to unequal countries? CEPR DP
15647 (2021).
Ito, Takatoshi, and Tomoyoshi Yabu. "Japanese
Foreign Exchange Interventions, 1971-2018: Estimating a
Reaction Function Using
the Best Proxy." Journal of the Japanese and
International Economies
58 (2020): 101106.
Ito, Takatoshi, and Tomoyoshi Yabu. "What
prompts Japan to intervene in the Forex market? A new
approach to a reaction function." Journal of
International Money and Finance 26.2 (2007): 193-212..
その他の候補。
Financial
Frictions and Growth (Development)
Lin, Justin Yifu,
Jianjun Miao, and Pengfei Wang. "Convergence, financial
development, and policy
analysis." Economic
Theory (2019): 1-46.
Hori, Takeo. "Monetary policy, financial
frictions, and
heterogeneous R&D firms in an endogenous growth model." Scandinavian
Journal of Economics 122.4
(2020): 1343-1373.
Asset Bubbles
and Growth
Shin, Jong Kook,
and Chetan Subramanian. "Asset price bubbles and
technological
innovation." Economic
Inquiry 57.1 (2019):
482-497.
He, Sicheng. "Growth, innovation, credit
constraints, and
stock price bubbles." Journal of
Economics (2021):
1-31.
Endogenous
Cycles
Ho, Wai-Hong. "Financial market globalization,
nonconvergence and
credit cycles." Annals of Finance 13.2
(2017):
153-180.
Schmitt-Grohé,
Stephanie, and Martín Uribe. "Deterministic debt cycles in
open economies with
flow collateral constraints." Journal of
Economic Theory 192
(2021): 105195.
Kunieda, Takuma,
and Kazuo Nishimura. "Endogenous business cycles in a
perpetual youth
model with financial market imperfections." International Journal of Economic Theory 15.3
(2019): 231-248.
Macroeconomic
Models of Financial Panics
Bacchetta, Philippe, and Eric Van Wincoop. "The great recession: a
self-fulfilling global
panic." American
Economic Journal: Macroeconomics 8.4 (2016): 177-98.
Gertler, Mark, Nobuhiro
Kiyotaki, and Andrea Prestipino. "A macroeconomic model with
financial
panics." The
Review of Economic Studies 87.1
(2020):
240-288.
Debt
Sustainability
Sergeyev,
Dmitriy, and Neil Mehrotra. "Debt sustainability in a low
interest rate
world." CEPR DP 15282 (2020).
Reis,
Ricardo. "The constraint on public debt
when r< g but
g< m." CEPR
DP15950 (2021).
Ball,
Laurence and
Gregory N. Mankiw. "Market
power
in neoclassical growth models." NBER WP 28538 (2021).
International
Capital Flow
Kraay, Aart,
and Jaume
Ventura. "Current accounts in debtor and
creditor
countries." The Quarterly Journal of
Economics 115.4
(2000): 1137-1166.
Devereux, Michael
B., Makoto Saito, and Changhua Yu. "International capital flows,
portfolio
composition, and the stability of external
imbalances." Journal
of International Economics 127 (2020): 103386.
Matsuyama, Kiminori. "Credit market imperfections and patterns of international trade and capital flows." Journal of the European Economic Association 3.2-3 (2005): 714-723.