Monetary Policy

Faculty

AOKI, Kosuke

Credit / Semester / Schedule / Language

2 Credits / Summer / Tuesday Period: 2 / English

Objectives/Overview

To learn various topics on monetary policy. Topics covered include: identification of the monetary transmission mechanism, the New-Keynesian models, optimal monetary policy, central-bank independence, financial markets and monetary policy.

The course will not be based on a single textbook, but the following textbooks are useful: “"Monetary Policy, Inflation, and the Business Cycle" by Gali, "Monetary Theory and Policy" by Walsh. Additional readings will be made available to students through the course homepage.

Keywords

Monetary Policy, English

Teaching Methods

Lectures

Grading

Final examination

Reference Books

"Monetary Policy, Inflation, and the Business Cycle" by Gali, "Monetary Theory and Policy" by Walsh.

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