Lecture slides


Lecture slides - all in pdf format - are posted no later than 18.00 the day before the lectures (not counting the week-end time). Bring the slides to the lecture in order to make notes on them. You do not need to read them beforehand. Read the curriculum for the lecture instead.

 

February 2: Introductory Lecture

February 12: On empirics

February 16: Money in the utility function (start)

February 19 (done the 23rd): Money in the utility function (end)

February 26: A Cash-in-Advance model

March 2: Public budget accounting and seigniorage

March 9: Inflation and optimal taxation

March 12: Incomplete nominal adjustment (I)

March 23: Incomplete nominal adjustment (II)

March 26: Incomplete nominal adjustment (III) (also used March 30)

April 13: Operating procedures and intermediate targeting (contents are the same as the file previously named March 30, only dates are changed)

April 20: Interest-rate policies and inflation targeting

April 23: New Keynesian models of monetary policy (I)

April 27: New Keynesian models of monetary policy (II)

May 4: New Keynesian models of monetary policy (III)

May 11: Credit constraints and the macroeconomy

May 21: Monetary policymaking and the recent crisis

 

List of typos in slides (updated Feburary 27)