Study material for macroeconomics


Elementary or intermediate textbooks

Blanchard, O. J., Macroeconomics, 7th. ed., Pearson Education International, 2016. A new edition,  rewritten in the light of the Great Recession.

Blanchard, O. J., A. Amighini, and F. Giavazzi, Macroeconomics. A European Perspective, Prentice Hall, 2010.

Carlin, W., and D. Soskice, Macroeconomics. Imperfections, Institutions and Policies, Oxford University Press, 2006.

De Grauwe, P., Economics of Monetary Union, 10th ed., Oxford University Press, 2014.

Gottfries, N.: Macroeconomics, Palgrave Macmillan, London 2013.

Jones, C. I., Macroeconomics: Economic Crisis Update, Norton, London 2009.

Sørensen, P. B., and H. J. Whitta-Jacobsen, Introducing Advanced Macroeconomics. Growth and Business Cycles, 2nd ed., McGraw-Hill, London 2010.
 

Third-year BA or Master level texts

Heijdra, B., Foundations of Modern Macroeconomics, 2nd. ed., Oxford 2009.

Gali, J., Monetary Policy, Inflation, and the Business Cycle. An Introduction to the New Keynesian Framework, Princeton University Press, 2008.

Obstfeld, M., & K. Rogoff, Foundations of Modern Macroeconomics, Cambridge (Mass.) 1996.

Romer, D., Advanced Macroeconomics, 3rd ed., N.Y. 2005.

Sargent, T., Macroeconomic Theory, 2nd ed., Academic Press, 1987.

Walsh, C. E., Monetary Theory and Policy, Cambridge (Mass.) 1998.


Advanced textbooks

Benassy, J.-P., Macroeconomic Theory, Oxford University Press, 2011.

Blanchard, O. J., and S. Fischer, Lectures on Macroeconomics, Cambridge (Mass.) 1989.

Gali, J., Unemployment Fluctuations and Stabilization Policies. A New Keynesian Perspective, MIT Press 2011.

Ljungqvist, L., and T. J. Sargent, Recursive Macroeconomic Theory, MIT Press: Cambridge (Mass.) 2000.

Wickens, M., Macroeconomic Theory. A Dynamic General Equilibrium Approach, Princeton 2008.
 

Other books

Akerlof, G. A., and R. J. Shiller, Animal Spirits, Princeton 2009.

Arnold, L. G., Business Cycle Theory, Oxford University Press: Oxford, 2002.

Macroeconomics in the Small and the Large. Essays on Microfoundations, Macroeconomic Applications and Economic History in Honor of Axel Leijonhufvud. Edited by R. E. A. Farmer, Edward Elgar: Cheltenham (UK) 2008.

Quiggin, J., Zombie economics: How dead ideas still walk among us. Princeton University Press 2010.
 

Useful Handbooks, available online from the Faculty Library

Handbook of Labor Economics, vol. 1-, Amsterdam 1986.

Handbook of Macroeconomics, vol. 1A-, Amsterdam 1999.

Handbook of Monetary Economics, vol. I, Amsterdam 1990.

Handbook of Monetary Economics, most recent volumes, Amsterdam 2011.

Articles on short- and medium run macroeconomics (- 2007)

Blanchard, O., & N. Kiyotaki: Monopolistic Competition and the Effects of Aggregate Demand, American Ec. Rev., vol. 77, no. 4, 1987.

Blanchard, O., and F. Giavazzi: Macroeconomic effects of regulation and deregulation in goods and labor markets, Quarterly J. of Economics, vol. 118, no. 3, 2003, 879-907.

Basu, S., and A. M. Taylor: Business Cycles in International Historical Perspective, J. of Economic Perspectives, vol. 13, no. 2, 1999, 45-68.

Blanchard, O.: Why Does Money Affect Output? Chapter 15 in Handbook of Monetary Economics, vol. II, Amsterdam 1990.

Blanchard, O.: European Unemployment, Economic Policy, Jan. 2006, 7-47.

Blanchard, O., & L. Katz: Wage Dynamics: Reconciling Theory and Evidence, American Ec. Rev., vol. 89, no. 2, 1999, 69-74.

Jones, C.: The global financial crisis of 2007-20?? See http://www.stanford.edu/~chadj/CurrentEvents2009.pdf

Krugman, P.: It´s Baaack! Japan´s Slump and the Return of the Liquidity Trap, Brookings Papers on Economic Activity, no. 2, 1998, 137-87.

Solow, R. M.: Some Macroeconomic Implications of Monopolistic Competition. Chapter 1 in R. M. Solow: Monopolistic Competition and Macroeconomic Theory, Cambridge 1998.

Svensson, L.: Escaping from a Liquidity Trap and Deflation: The Foolproof Way and Others, J. of Economic Perspectives, vol. 17, no. 4, 2003, 145-166.