MONE

Literatura: Gali Monetary policy, inflation, and the business cycle: an introduction to the new Keynesian framework, Princeton: Princeton University Press, 2008, FIN-1281.
                   Walsh, Monetary theory and policy, Cambridge: MIT Press, 2003, FIN-1004.
                   Williamson: Macroeconomics, Boston: Pearson Addison Wesley, 2005, MAK-208

Zpravy:
Dalsi lecture notes (LN 12) jsou na webu, reseni z problem setu 9 rovnez tak.
Ohledne "ultra-modern view" (LN 10) je nastroj CB "komunikace". Mrknete se proto na prognozu CNB.
Na web jsem dal reseni prikladu z pondelniho cviceni a dalsi Lecture notes na pondeli 20. 10.
Na webu jsou opravene sylaby. V PC Calvo je opravena rovnice (10). U poptavkove krivky je predelana log-linearizace a dal.
Na pristi seminar (6. 10.) zustava cteni clanku o Hong Kongu

Obrazky: Williamson (Ch. 17)

Readings (vstup do ISu): New Zealand   Hong Kong

Lecture notes (vstup do ISu): LN 8   LN 9   LN 10   LN 11   LN 12  

Sylaby (cz): PC Calvo   Poptavkova krivka  Pohled teorie her   Reseni modelu s racionalnimi ocekavanimi  

Priklady: Problems set 6-10  

Reseni: Seminar 7   priklad z 'Seminar 8 (B)' NKmodel.m   Seminar 8   Seminar 9   Seminar 10  

m-files: matrix.m   solution.m   zadani_matic.m   simulace_modelu.m  

Zajimavosti:

• Do not abandon inflation targets by Frederick Mishkin  
• Blanchard and Kahn (1980) The Solution of Linear Difference Models under Rational Expectations, Econometrica (vstup do JSTORu)