Business Cycles in Emerging Economies Summary

Question Description

  1. The Macroeconomic Consequences of Remittances by Berrak Bahadir, Santanu Chatterjee and Thomas Lebesmuehlbacher

https://www.sciencedirect.com/science/article/pii/S0022199618300102 (Links to an external site.)

  1. Business Cycles in Emerging Economies: The Role of Interest Rates by Pablo Neumeyer and Fabrizio Perri

https://www.sciencedirect.com/science/article/pii/S0304393205000036 (Links to an external site.)

  1. When is the Government Spending Multiplier is Large? By Lawrence Christiano, Martin Eichenbaum, and Sergio Rebelo

https://www.journals.uchicago.edu/doi/abs/10.1086/659312 (Links to an external site.)

  1. Land-price Dynamics and Macroeconomic Fluctuations by Zheng Liu, Pengfei Wang, Tao Zha

https://onlinelibrary.wiley.com/doi/full/10.3982/ECTA8994 (Links to an external site.)

  1. DSGE Models for Monetary Analysis by Lawrence Christiano, Mathias Trabandt, and Karl Walentin

https://www.sciencedirect.com/science/article/pii/B9780444532381000077 (Links to an external site.)

  1. Monetary Policy and Unemployment by Jordi Gali

https://www.sciencedirect.com/science/article/pii/B9780444532381000107

Description: This paper is worth the equivalent of 10 percent of your grade and due December 5th. Your assignment is to choose one of the articles listed below, and then write a short paper (4-5 pages, 11 font, double-spaced) that summarizes the article, assesses its argument, and discusses its implications. Your paper should be well-written and edited, and address the article in an integrated, coherent manner. You are required to work independently of other students or faculty but you are free to use your text and class notes. You may use other references, but you do not need to. I am most interested in how well you understand and assess these articles-other sources are unlikely to help much in that activity. Direct any questions you may have about the content of this assignment to me. The papers below develop DSGE type models to study a research question. They address these questions for a variety of specific cases and treat different issues from a variety of angles. 1. The Macroeconomic Consequences of Remittances by Berrak Bahadir, Santanu Chatterjee and Thomas Lebesmuehlbacher https://www.sciencedirect.com/science/article/pii/S0022199618300102

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