|
Derived from
|
21210130 Monetary theory, institutions and policy in Economics LM-56 LEVRERO ENRICO SERGIO
(syllabus)
First Module (30 hours)
1. Money, monetary institutions and the financial markets
2. The demand for money
3. The supply of money and the debate on its endogeneity
4. The equilibrium of the financial sector
5. The structure of the interest rates
Second Module (30 hours)
6. Money, prices, and output
7. The transmission channels of the monetary policies
8. The Gibson Paradox
9. Rules and discretion
10. Money and public finance
(reference books)
M. Arcelli, L’economia monetaria e la politica monetaria dell’Unione Europea, Cedam, 2007
R. Ciccone, “Public Debt and Aggregate Demand: Some Unconventional Analytics”, in E.S. Levrero, A. Palumbo and A. Stirati (eds), Sraffa and the Reconstruction of Economic Theory: volume 2. Aggregate Demand, Policy Analysis and Growth, Palgrave Macmillan, 2013, pp. 15-28 (Module 2)
A. Lavoie, Post-Keynesian Economics: New Foundations, Edward Elgar, 2014, pp. 186-225 and 245-252 (Module 1)
M. Pivetti, “Interest and profits in Smith, Ricardo and Marx”, Political Economy. Studies in the surplus approach, 3, 1, 1987, pp. 63-74 (Module 2)
M. Vernengo, Money and inflation, in P. Arestis and M. Sawyer, A Handbook of Alternative Monetary Economics, Edward Elgar, 2006, pp. 476-489 (Module 1 and 2)
C. E. Walsh, “Teaching Inflation Targeting: An Analysis for Intermediate Macro”, Journal of Economic Education, Fall 2002, pp. 333-346 (Module 2).
|
Università Roma Tre