0. Syllabus, Monetary Theory and Policy, Spring 2013

1. Background and Policy Motivation

2. Observing Monetary Phenomena

3. Impact of Monetary Shocks Closed Economy

4. Impact of Monetary Shocks Open Economies

5. The Lucas Critique

6. Time Inconsistency and Monetary Policy

7. Staggered Pricing - NKE

8. Staggered Pricing More Micro

9. Simple Rules for Monetary Policy

10. Monetary Policy Rules Cross Checking

11. International Monetary Considerations

12. Monetary Policy Rules Robustness

13. Term Structure of Interest Rates

14. Monetary Policy and Term Structure

15. Which Rule

16. Wrap Up