Samenvatting International Monetary Relations and Policy

Hoofdstukken

1. Lecture 1A: The basics and the course
2. Lecture 1A: Central bank mandates and the policy rate
3. Lecture 1A: The interest rate corridor
4. Lecture 1A: The Taylor rule and the Taylor principle
5. Lecture 1A: Using the Taylor rule in practice
6. Lecture 1B: The balance of payments
7. Lecture 1B: Reading current accounts and trade wars
8. Lecture 1B: The NIIP and valuation changes
9. Lecture 1B: The NIIP-NII paradox
10. Lecture 1B: Common mistakes and summary
11. Lecture 2A: Why build the New Keynesian model
12. Lecture 2A: Households: the Euler equation and labor supply
13. Lecture 2A: Firms: demand, markups and sticky prices
14. Lecture 2A: From marginal cost to the three equations
15. Lecture 2A: How the model works: transmission and shocks