Monetary Economics: Macro Aspects


Spring, 2007

Henrik Jensen
Department of Economics
University of Copenhagen


F. A. Q. Section

On this page, I will post questions and answers that arise during the course. A fruitful form of communication, if you have problems with some of the curriculum, is to e-mail me the problem/question. First, one often solves the issue by oneself by formulating it in writing. Secondly, by writing me an e-mail question, I can provide a much clearer answer than is usually the case in verbal exchange. Finally, when everything is written down, one can make the issue available to all students. This is valuable, as it is quite likely that fellow students have had similar problems with the issue. Therefore, feel free to e-mail questions. I will then make the question and answer publicly available here for everyone's benefit. Of course, your name will not be mentioned (unless you demand so); hence, there is nothing to lose by posing a "silly question" (and by the way: there is no such thing as a "silly question").

 

February 20, On the basic CIA model and long-run superneutrality (pdf file, 45 Kb).

February 22, A few technical questions to Chapter 3, pages 104-108 (pdf file, 82 Kb).

March 14, On equations (5.2) and (5.3) in Walsh (2003) (pdf file, 82 Kb)

March 15, On the budget constraint in the Tobin model (pdf file, 48 Kb)

March 28: At the lectures on March 27, I mentioned research which found that good weather could influence the mood, and prices, on the stock market. The reference is D. Hirshleifer and T. Shumway: "Good Day Sunshine: Stock Returns and the Weather," Journal of Finance 58 (2003), 10091032, and can be accessed here (if you are hooked up to the university server).

June 11: On the example of exam question in recap 6 (pdf file, 28 Kb)

June 13: Algebra for June 11 FAQ entry (pdf file, 44 Kb)