Essay/Project Topics

Economics 403 Spring 2013

Prof. R. Harris

 

1.       1. Output Gap measurement: methodology and recent estimates__________________________

2.       2. Measuring underlying inflation: controversy and new methodologies______________________

3.       3. Quantitative Easing: during and since Financial crisis____________________________________

4.       4. New and old  estimates of fiscal multipliers___________________________________________

5.      5.  Debt and Economic Recovery______________________________________________________

6.       6. Use of Taylor Rules: new ideas, use in forecasting and Policy_____________________________

7.       7. Financial Sector Leverage, Asset Prices and Credit Cycle: boom to bust mechanisms____________________________________________________________________

8.       8. Forward Guidance as a Tool for Central Bankers with a zero bound________________________

9.      9. Savings Imbalances and Euro Area Sovereign Debt Crisis_________________________________

10.  10. Fiscal Consolidation in the Eurozone_________________________________________________

11.   11. Nominal GDP Targeting for Central Banks_____________________________________________

12.   12. Economic Slack and Inflation: Empirical Relationship in both inflationary and deflationary episodes_______________________________________________________________________

13.  13.  What are sustainable/unsustainable public debt levels?: theory and evidence ______________________________________________________________________________

14.   14. Bank Deleveraging and the Monetary Policy Transmission Mechanism______________________

15.15.    Housing and the economic cycle: US_________________________________________________

16.16.   Should Central Bank Respond to Asset Price Bubbles _____________________________________________________________________________

18.   17. Global Imbalances and the Financial Crisis ____________________________________________