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Topics in Monetary Theory
Eco 352h (2003)
Shouyong Shi
University of Toronto
Syllabus
Lecture Notes and Materials:
1. Monetary policy
•
Bank of Canada
:
Coming to a decision
, by Tiff Macklem, Bank of Canada
Bank of Canada operation in financial markets
, Tim Noel, Bank of Canada
Large Value Transfer System
, Donna Howard, Bank of Canada
•
Federal Reserve System
:
Money market
Federal funds
2.
Elements of an intertemporal economy
3.
Government finance and asset pricing
4.
Economies with longer horizons
5.
Uncertainty and asset prices
6.
Money and interest rates
7.
A positive theory of inflation
8.
Monetary policy under uncertainty
9.
Reputation and monetary policy
Assignments:
•
Assignment 1
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Answer key
•
Assignment 2
----
Answer key
•
Assignment 3
----
Answer key
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