Intermediate Macroeconomics: IAS 107: Spring 2011: U.C. Berkeley

Readings for IAS 107 Sections, Week of April 11, 2011

Readings for IAS 107 Sections, Week of April 11, 2011

Congressional Budget Office (2010), The Long-Term Budget Outlook http://www.cbo.gov/ftpdocs/115xx/doc11579/06-30-LTBO.pdf

Macroeconomic Teaching Notes as of October 16, 2007

Intermediate Macroeconomics (Undergraduate):

Monetary Policy:

• The Quantity Theory in the Medium Run: http://www.j-bradford-delong.net/2008_pdf/20080228_mvpy.pdf
• Central Bank Credibility and Consistency: The Analytics http://j-bradford-delong.net/macro_online/credibility_analytics.pdf
• Inflation, Unemployment, and Stabilization Policy http://www.j-bradford-delong.net/movable_type/pdf/Lec_Notes_Stabilization.pdf

International Finance:

• The International Financial Crises of the 1990s: Analytics http://j-bradford-delong.net/macro_online/ifc.pdf
• Some Simple Analytics for a Hard [Dollar] Landing http://www.j-bradford-delong.net/movable_type/pdf/hard_landing.pdf

Economic Growth:

• Introduction to the Theory of Economic Growth http://delong.typepad.com/print/20060830_econ_101b_lecture_notes.pdf
• How Fast Does the Economy Head Toward Its Steady-State Balanced-Growth Path? http://j-bradford-delong.net/macro_online/gt_convergence.pdf
• Theory of Economic Growth: Two Additional Notes: "Important Equations" and "Increases in g" http://delong.typepad.com/print/20060831_lecture_notes.pdf
• Explorations in the Theory of Economic Growth: "Natural Resources" and "Malthusian Nightmares" http://delong.typepad.com/print/20060905_lecture_notes.pdf
• The "Golden Rule" and National Savings http://j-bradford-delong.net/macro_online/golden_rule.pdf
• Growth Accounting http://j-bradford-delong.net/macro_online/growth_accounting.pdf
• Modeling the High-Tech Computer Revolution of the 1990s http://delong.typepad.com/print/20060914_lecture_notes.pdf
• INCOMPLETE DRAFT: Notes on Antitrust Policy and Optimal Innovation in a Model of Productive Variety http://delong.typepad.com/pdf/20070709_varieties_antitrust.pdf

Fluctuations:

• The Effect of a Cut in the Tax Rate http://j-bradford-delong.net/macro_online/tax_cut.pdf
• Using the Flexible-Price Model: A Primer http://j-bradford-delong.net/Teaching_Folder/Econ_101b_f2001/flexprice_model.pdf

Advanced Macroeconomics (Graduate):

• On Robert Barro's (2005) "Rare Events and the Equity Premium" and T.A. Rietz's (1988) "The Equity Risk Premium: A Solution" http://delong.typepad.com/print/20070213_note_barro_rietz.pdf
• The Gordon Equation, Earnings Yields, and Stock Returns http://delong.typepad.com/sdj/2007/05/a_teaching_note.html
• Equity Premium Handout http://www.j-bradford-delong.net/Teaching_Folder/Econ_202b/Handouts/equity.pdf
• "Bubbles" Handout http://www.j-bradford-delong.net/teaching_folder/Econ_202b/Handouts/bubbles.pdf

Additional Materials:

• Solow Growth Model Scenario Spreadsheet http://delong.typepad.com/print/20060829_Solow_growth.xls
• Simple Lucas-Tree Spreadsheet for Barro-Rietz Critique http://spreadsheets.google.com/pub?key=p_zylRhg4towFfq53r00UBA