EE432 2010: Topic 6 Materials

Lecture note and the reading pack for topic 6 is now available for download at:

• Reading pack for topic 6

As I mentioned, the key reading is the paper by Clarida et al, up until the part covered by the lecture note. Among other highly recommended readings (though not required) are

• Blinder's "What can central bankers learn from academics and vice versa", from the perspective of someone who's been on both sides of the fence.
• Bernanke's "Inflation targeting: a new framework?" published 3 years before Thailand imported the idea, which we still use to this day.
• Woodford's survey article on the optimal monetary policy for the Handbook for Monetary Economics, which is the most up-to-date account of what the current research frontier is. This is quite advanced, so perhaps just skim through to get some general ideas.