Questions from Macroeconomics

Q: Speeches made by Federal Reserve officials are an integral part of the

Speeches made by Federal Reserve officials are an integral part of the Fed’s management of expectations strategy. In a speech made in November 2002, then-Fed Governor Ben Bernanke, when trying to reas...

Q: How do new Keynesian ideas about expectations affect the IS and aggregate

How do new Keynesian ideas about expectations affect the IS and aggregate demand curves?

Q: In the new Keynesian model, what shocks cause business cycle fluctuations

In the new Keynesian model, what shocks cause business cycle fluctuations? Does it matter whether these shocks are anticipated or unanticipated? Explain.

Q: Compare the traditional Keynesian, new Keynesian, and real business cycle

Compare the traditional Keynesian, new Keynesian, and real business cycle models in terms of expectations, price flexibility, and potential sources of business cycle fluctuations.

Q: How do the traditional Keynesian, new Keynesian, and real business

How do the traditional Keynesian, new Keynesian, and real business cycle models differ in their analysis of the effects of expansionary policy?

Q: How do the traditional Keynesian, new Keynesian, and real business

How do the traditional Keynesian, new Keynesian, and real business cycle models differ in their analysis of the effects of anti- inflation policy?

Q: Explain why the aggregate demand curve slopes downward and the short-

Explain why the aggregate demand curve slopes downward and the short-run aggregate supply curve slopes upward.

Q: : Starting from a situation of long-run equilibrium, what

Starting from a situation of long-run equilibrium, what are the short- and long-run effects of a permanent negative supply shock?

Q: How should central banks respond to asset-price bubbles?

How should central banks respond to asset-price bubbles?

Q: How does asymmetric information help us define a financial crisis?

How does asymmetric information help us define a financial crisis?