Tema 1. El ciclo económico

• Transparencias T1 [figuras1.pdf] [figuras2.pdf]
• [Ejercicios-1]
• Referencias:
  • Capítulo 9 del libro Macroeconomía: primeros conceptos, de J. Díaz-Giménez, ed. Antoni Bosch, 1999.
  • Cooley, T.F. y E.C. Prescott. 1995. "Economic Growth and Business Cycles" in Frontiers of Business Cycle Research, T.F. Cooley Editor, Princeton University Press.
  • Dolado, J.J., M. Sebastián y J. Vallés. 1993. "Cyclical Patterns of the Spanish Economy" Investigaciones Económicas, 17, 3: 445-473.
  • Ortega, E. "The Spanish Business Cycle and its Relationships to Europe" Estudios sobre la Economía Española, FEDEA, 9.
  • Prescott, E.C. 1986. "Theory Ahead of Business Cycle Measurement." Federal Reserve Bank of Minneapolis Quarterly Review, vol. 10, no. 4, Fall.

Tema 2. El modelo básico de ciclos económicos reales

• [Ejercicios-2]
• Referencias:
  • Cooley, T.F. y E.C. Prescott. 1995. "Economic Growth and Business Cycles" in Frontiers of Business Cycle Research, T.F. Cooley Editor, Princeton University Press.
  • Kydland, F.E. y E.C. Prescott. 1982. "Time to Build and Aggregate Fluctuations." Econometrica, 50, November: 1345-1370.
  • McGrattan, E. R., 1994. "A Progress Report on Business Cycle Models." Federal Reserve Bank of Minneapolis Quarterly Review, vol 18, no. 4, Fall.

Tema 3. Algunas extensiones del modelo básico

• [Ejercicios-3] [Ejercicios-3b]
• Referencias
  • Hansen, G.D. 1985. "Indivisible Labor and the Business Cycle" Journal of Monetary Economics, 16, November: 309-327.
  • McGrattan, E. R., 1994. "A Progress Report on Business Cycle Models." Federal Reserve Bank of Minneapolis Quarterly Review, vol 18, no. 4, Fall.

Tema 4. El papel del dinero en el modelo básico de ciclos económicos

• [Ejercicios-4]
• Referencias
  • Coleman, W.J.II. 1996. "Money and Output: A Test of Reverse Causation." American Economic Review, vol. 86, no. 1, March: 90-111.
  • Cooley, T.F. y G.D. Hansen. 1989. "The Inflation Tax in a Real Business Cycle Model." American Economic Review, 79, no. 4, September: 733-748.
  • McCandless, G.T.Jr. y W.E. Weber. 1995. Some Monetary Facts Federal Reserve Bank of Minneapolis Quarterly Review, vol. 19, no. 3, Summer.

Tema 5. El ciclo económico internacional

• [Ejercicios-5]
• Referencias
  • Backus, D.K., P.J. Kehoe y F. E. Kydland. 1993. "International Business cycles: Theory vs Evidence." Federal Reserve Bank of Minneapolis Quarterly Review, vol. 17, no. 4, Fall.
  • Backus, D.K. y P.J. Kehoe. 1992. "International Evidence on the Historical Properties of Business Cycles." American Economic Review 82 (4), September: 864-888. Versión Federal Reserve Bank of Minneapolis Staff Report, 1991, no.145, November pdf.

Tema 6. La política de paridades fijas

• Transparencias T6
• Lectura:"Argentina's money monomania" de P. Krugman
• Referencias
  • Cooper, R.W. y H. Kempf. 2001. "Dollarization and the Conquest of Hyperinflation in Divided Societies." Federal Reserve Bank of Minneapolis Quarterly Review, vol. 25, no. 3, Summer: 3-12.

  Otras referencias complementarias
  -"Reducing Inflation in Argentina: Mission Impossible?" de F. Álvarez y S.P. Zeldes
  - Página web sobre dolarización de N. Roubini
  - Conferencia sobre "Dollarization: A Common Currency for the Americas?" en la Federal Reserve Bank of Dallas (March 6-7, 2000)

Tema 7. Cuestiones de política fiscal y monetaria

• [Ejercicios-7]
• Referencias
  • Barro, R.J. y D.B. Gordon. 1983. "Rules, Discretion, and Reputation in a Model of Monetary Policy." Journal of Monetary Economics, 12: 101-121.
  • Blanchard, O.J. y S. Fischer. 1989. Lectures on Macroeconomics. MIT Press, Cambridge, capítulo 11: 592-596.
  • Kydland, F.E. y E.C. Prescott. 1977. "Rules rather than Discretion: the Inconsistency of Optimal Plans." Journal of Political Economy, vol. 85, no. 3: 473-491.
  • Walsh, C.E. 1998. Monetary Theory and Policy. MIT Press, Cambridge, capítulo 8: 324-336.