AØKK08098U Seminar: Advanced Monetary Macroeconomics (F)
MSc of Economics
The course is a part of the financial line, signified by (F)
The seminar is primary for students at the MSc of Economics
The aim of the seminar is to have students go into depth with recent research articles within the area of monetary macroeconomics. Students can do theoretical as well as empirically based work. It is a prerequisite to master good analytical skills and economic intuition.
A list of possible subjects is offered here. However, students are free to choose other subjects, or narrow/widen listed subjects in agreement with me.
- Performance of monetary policy rules in a wide range of sticky-price models (this could foster use of numerical exercises)
- Financial frictions and crises in macroeconomic models
- Zero-lower-bound on nominal interest rates and the challenges it poses for policymaking
- Fiscal stimulus: The way out of a financial crisis?
- Numerical analyses of general equilibrium models of monetary policymaking (this can be done within a host of problems)
- Monetary policy coordination or monetary unification?
- Financial crises and unconventional monetary policy
- Inflation dynamics from a theoretical and empirical view: Evaluation of alternative theories and empirical findings
- What should a central bank target?
- Monetary policy and asset price fluctuations.
A book that signals the level and requirements, is Carl Walsh’s “Monetary Theory and Policy” (2010, The MIT Press), which is the core curriculum in the masters course “Monetary Economics: Macro Aspects”. Having followed the course is not a necessity, but knowing the curriculum is an advantage. See the course web page. (Also, having followed the summer course on “Theoretical and Empirical Foundations of DSGE Modelling” is a great starting point.)
Students write and hand in a seminar paper during the semester. All papers are presented and discussed at a mini conference on December 9-10 (full days), where each participant presents his/her paper for 40 minutes followed by a discussion by a discussant (15 minutes), and subsequently a general discussion.
Discussants will be assigned to the papers by the teacher, and every participant must submit three relevant questions on all papers to the teacher prior to the conference.
More information about seminars at
https://intranet.ku.dk/economics_ma/study_programme/seminars/Pages/default.aspx
- Category
- Hours
- Exam
- 0,6
- Project work
- 200
- Seminar
- 6
- Total
- 206,6
- Credit
- 7,5 ECTS
- Type of assessment
- Written assignmentOral examination, 60 min under invigilationA written seminar paper and a 40 minuts oral presentation for the others participans at the seminar and 15 minuts of discussion.
- Exam registration requirements
Attendance on the seminar. The mandatory commitment paper and seminar paper have been handed in at deadline.
- Aid
- All aids allowed
Al aids for the written seminarpaper.
For the oral presentation: Informed by the teacher.
- Marking scale
- 7-point grading scale
- Censorship form
- External censorship
up to 20 % censorship at the seminarpaper
- Exam period
Students must submit a one-page proposal for their paper no later than October 9.
The final paper must be uploaded on November 25.
Presentation at a mini conference on December 9-10 (full days)
- Re-exam
As ordinary.
Criteria for exam assesment
The student must in a satisfactory way demonstrate that he/she has mastered the learning outcome of the course.
Course information
- Language
- English
- Course code
- AØKK08098U
- Credit
- 7,5 ECTS
- Level
- Full Degree Master
- Duration
- 1 semester
- Placement
- Autumn
- Schedule
- Autumn (36-50)
- Study board
- Department of Economics, Study Council
Contracting department
- Department of Economics
Course responsibles
- Henrik Jensen (13-6a6770746b6d306c67707567704267657170306d7730666d)