Intermediate Macroeconomics

Some JEP articles recommended for classroom use

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For this course, faculty members also included a number of papers that are listed under Money and Banking, Financial Markets, China: Topics Course, Europe: Topics Course, Labor Economics, International, Econometrics, and Economic History."


Since 2010

Blanchard, Olivier. 2018. “Should We Reject the Natural Rate Hypothesis?” Journal of Economic Perspectives 32 (1): 97–120. https://www.aeaweb.org/articles?id=10.1257/jep.32.1.97

Feldstein, Martin. 2017. “Underestimating the Real Growth of GDP, Personal Income, and Productivity.” Journal of Economic Perspectives 31 (2): 145–64. https://www.aeaweb.org/articles?id=10.1257/jep.31.2.145

Calomiris, Charles W., and Urooj Khan. 2015. “An Assessment of TARP Assistance to Financial Institutions.” Journal of Economic Perspectives 29 (2): 53–80. https://www.aeaweb.org/articles?id=10.1257/jep.29.2.53

Bloom, Nicholas. 2014. “Fluctuations in Uncertainty.” Journal of Economic Perspectives 28 (2): 153–76. https://www.aeaweb.org/articles?id=10.1257/jep.28.2.153

Reinhart, Carmen M., Vincent R. Reinhart, and Kenneth S. Rogoff. 2012. “Public Debt Overhangs: Advanced-Economy Episodes since 1800.” Journal of Economic Perspectives 26 (3): 69–86. https://www.aeaweb.org/articles?id=10.1257/jep.26.3.69

Symposium: Macroeconomics after the Financial Crisis (Fall 2010) https://www.aeaweb.org/issues/168

Hall, Robert E. 2010. “Why Does the Economy Fall to Pieces after a Financial Crisis?” Journal of Economic Perspectives 24 (4): 3–20. https://www.aeaweb.org/articles?id=10.1257/jep.24.4.3

Woodford, Michael. 2010. “Financial Intermediation and Macroeconomic Analysis.” Journal of Economic Perspectives 24 (4): 21–44. https://www.aeaweb.org/articles?id=10.1257/jep.24.4.21

Ohanian, Lee E. 2010. “The Economic Crisis from a Neoclassical Perspective.” Journal of Economic Perspectives 24 (4): 45–66. https://www.aeaweb.org/articles?id=10.1257/jep.24.4.45

Fuster, Andreas, David Laibson, and Brock Mendel. 2010. “Natural Expectations and Macroeconomic Fluctuations.” Journal of Economic Perspectives 24 (4): 67–84. https://www.aeaweb.org/articles?id=10.1257/jep.24.4.67

Caballero, Ricardo J. 2010. “Macroeconomics after the Crisis: Time to Deal with the Pretense-of-Knowledge Syndrome.” Journal of Economic Perspectives 24 (4): 85–102. https://www.aeaweb.org/articles?id=10.1257/jep.24.4.85

Auerbach, Alan J., William G. Gale, and Benjamin H. Harris. 2010. “Activist Fiscal Policy.” Journal of Economic Perspectives 24 (4): 141–64. https://www.aeaweb.org/articles?id=10.1257/jep.24.4.141

 

2000–2009

DeLong, J. Bradford, and Konstantin Magin. 2009. “The U.S. Equity Return Premium: Past, Present, and Future.” Journal of Economic Perspectives 23 (1): 193–208. https://www.aeaweb.org/articles?id=10.1257/jep.23.1.193

Landefeld, J. Steven, Eugene P. Seskin, and Barbara M. Fraumeni. 2008. “Taking the Pulse of the Economy: Measuring GDP.” Journal of Economic Perspectives 22 (2): 193–216. https://www.aeaweb.org/articles?id=10.1257/jep.22.2.193

Symposium: Macroeconomic Lessons (Fall 2006) https://www.aeaweb.org/issues/63

Chari, V. V., and Patrick J. Kehoe. 2006. “Modern Macroeconomics in Practice: How Theory Is Shaping Policy.” Journal of Economic Perspectives 20 (4): 3–28. https://www.aeaweb.org/articles?id=10.1257/jep.20.4.3

Mankiw, N. Gregory. 2006. “The Macroeconomist as Scientist and Engineer.” Journal of Economic Perspectives 20 (4): 29–46. https://www.aeaweb.org/articles?id=10.1257/jep.20.4.29

Davis, Steven J., R. Jason Faberman, and John Haltiwanger. 2006. “The Flow Approach to Labor Markets: New Data Sources and Micro–Macro Links.” Journal of Economic Perspectives 20 (3): 3–26. https://www.aeaweb.org/articles?id=10.1257/jep.20.3.3

Angeletos, George-Marios, David Laibson, Andrea Repetto, Jeremy Tobacman, and Stephen Weinberg. 2001. “The Hyperbolic Consumption Model: Calibration, Simulation, and Empirical Evaluation.” Journal of Economic Perspectives 15 (3): 47–68. https://www.aeaweb.org/articles?id=10.1257/jep.15.3.47

Romer, David H. 2000. “Keynesian Macroeconomics without the LM Curve.” Journal of Economic Perspectives 14 (2): 149–69. https://www.aeaweb.org/articles?id=10.1257/jep.14.2.149

 

Before 2000

Galbraith, James K. 1997. “Time to Ditch the NAIRU.” Journal of Economic Perspectives 11 (1): 93–108. https://www.aeaweb.org/articles?id=10.1257/jep.11.1.93

Olson, Mancur. 1996. “Distinguished Lecture on Economics in Government: Big Bills Left on the Sidewalk: Why Some Nations Are Rich, and Others Poor.” Journal of Economic Perspectives 10 (2): 3–24. https://www.aeaweb.org/articles?id=10.1257/jep.10.2.3

Symposium: New Growth Theory (Winter 1994) https://www.aeaweb.org/issues/217

Romer, Paul M. 1994. “The Origins of Endogenous Growth.” Journal of Economic Perspectives 8 (1): 3–22. https://www.aeaweb.org/articles?id=10.1257/jep.8.1.3

Grossman, Gene M., and Elhanan Helpman. 1994. “Endogenous Innovation in the Theory of Growth.” Journal of Economic Perspectives 8 (1): 23–44. https://www.aeaweb.org/articles?id=10.1257/jep.8.1.23

Solow, Robert M. 1994. “Perspectives on Growth Theory.” Journal of Economic Perspectives 8 (1): 45–54. https://www.aeaweb.org/articles?id=10.1257/jep.8.1.45

Pack, Howard. 1994. “Endogenous Growth Theory: Intellectual Appeal and Empirical Shortcomings.” Journal of Economic Perspectives 8 (1): 55–72. https://www.aeaweb.org/articles?id=10.1257/jep.8.1.55

Romer, David. 1993. “The New Keynesian Synthesis.” Journal of Economic Perspectives 7 (1): 5–22. https://www.aeaweb.org/articles?id=10.1257/jep.7.1.5

Plosser, Charles I. 1989. “Understanding Real Business Cycles.” Journal of Economic Perspectives 3 (3): 51–77. https://www.aeaweb.org/articles?id=10.1257/jep.3.3.51

Barro, Robert J. 1989. “The Ricardian Approach to Budget Deficits.” Journal of Economic Perspectives 3 (2): 37–54. https://www.aeaweb.org/articles?id=10.1257/jep.3.2.37