ADVANCED MACROECONIMICS - CASE STUDIES (15-20min) Spring 2015 Helena Horska Subjects Names (2 person per subject) Date (prelim.) Mar 10 Parinova Mar 17 2 Current Economic Development and Outlook Source: WORLD BANK, IMF or Eurostat and their official forecast Looking to 2060: Long-term growth prospects for the world - presentation of this report plus comparison with economic growth theories mentioned in our handouts Source: http://www.oecd.org/economy/outlook/2060policynote.pdf 3 Country Study: current economic stance in AS-AD model Lapina Turinsky Mar 24 Kiseleva Apr 7 Shikin Kovalchuk Kyrylo Apr 14 Li Apr 21 Source: FRANK, R.H. – BERNANKE, B.S. (2009) Principles of Economics. Chapter 23, page 631-650. Fourth Edition. USA: McGraw-Hill, 2009. 836 s. ISBN 978-0-07-128542-1. 4 Measuring the Price Level and Inflation, Costs of Inflation + Measuring of Money, Money Creation Source: FRANK, R.H. – BERNANKE, B.S. (2007) Principles of Economics. Chapter 17 & 21. Fourth Edition. USA: McGraw-Hill, 2009. 836 s. ISBN 978-0-07-128542-1. Inflation Targeting - the Regime of Monetary Policy Source: • MISHKIN, F.S. (2000). Inflation Targeting in Emerging-Market Countries. American Economic Review, American Economic Association, vol. 90(2), pages 105-109, May 2000. Available on http://198.62.77.13/library/repository/subject_guide_macro_11.pdf. 5 Multiplier of fiscal policy. How does it work? A case study Source: FRANK, R.H. – BERNANKE, B.S. (2009) Principles of Economics. Chapter 23 from the page 651 -665 with Appendix p. 667-672. Fourth Edition. USA: McGraw-Hill, 2009. 836 s. ISBN 978-0-07-128542-1. Vasin Fiscal consolidation - theory & experiences Prypkhan Ianina Source: GUICHARD, S. at el. (2007). What promotes fiscal consolidation OECD Country experiences. Economic Department OECD, ECO/WKP(2007)13. May 28, 2007. PrypkhanTaras 6 Double deficit in US Source: BLANCHARD, O. (2002). Macroeconomics. 5th edition, Prentice-Hall 2002, Ch 19. ' The Goods Market in an Open Economy'. p.395-416. Debt and Crisis. What went wrong in Greece? Source: REINHART, C. (2004). Debt intolerance. http://mpra.ub.uni-muenchen.de/13398/1/MPRA_paper_13398.pdf. BURDA, M. – WYPLOSZ, Ch. (2001). Macroeconomics – A European Text. 3th edition. Oxford University Press, 2001. Ch. 20.4 p.513-521. ISBN 0-19-877-650-0. Actual texts on Greek crisis. 7 Labour Market: Real Wage Rigidity and European Hysteresis in Unemployment Source: · BURDA, M. – WYPLOSZ, Ch. (2001) Macroeconomics – A European Text. 3th edition. Oxford University Press, 2001. Ch. 4 'Labour Markets and Unemployment' p. 70-98. Presentations are expected to last 15-20 min. Please, send the copy of your presentation to horska@gmail.com at least two days before the presentation day (on Sun). Kostic Apr 28 May 5 Kasumava DvoĆáková May 12 Dieiev Kovalchuk Ilya Kritski Artem May 26