Weekend Reading: Stanley Fischer (1973): Chicago Undergraduate Macro
Weekend Reading: Stanley Fischer (1973): Chicago Undergraduate Macro: "ECONOMICS 202 Reading List... http://www.irwincollier.com/chicago-undergraduate-macro-stanley-fischer-1973/
...Texts:
- Branson: Macroeconomic Theory and Policy, Harper and Row, 1972.
- Friedman: An Economist’s Protest, Thomas Horton, 1972.
(I) Introductory
- Friedman, M. “A Theoretical Framework for Monetary Analysis,” JPE, March/April, 1970, 193-238.
- Johnson, H. G. “The Keynesian Revolution and the Monetarist Counter-Revolution,” AER Papers and Proceedings, May, 1971, 1-14.
- Leijonhufvud, A. “Keynes and the Classics: Two Lectures on Keynes’ Contribution to Economic Theory,” London, Institute of Economic Affairs, 1969. Occasional Paper 30.
- Tobin, J. Manuscript on Monetary Theory, Chapter 1. (This is on reserve in the library.)
(II) Quantity Equation
- Fisher, I. The Purchasing Power of Money, Macmillan, 1913, Chaps. 1, 2, 3, 4, 8.
- Keynes, J. M., Tract on Monetary Reform, Macmillan, 1924, Chaps. 2, 3.
- Patinkin, D. “The Chicago Tradition, the Quantity Theory, and Friedman,” JMCB, Feb., 1969, 46-70.
- Pigou, A. C. “The Value of Money,” originally in Quarterly Journal of Economics, 1917, reprinted in Lutz and Mints.
(III) The Demand for Money
- Baumol, W. J. “The Transactions Demand for Cash: An Inventory Theoretic Approach,” QJE, Nov., 1952, reprinted in Thorn.
- Cagan, P. “The Monetary Dynamics of Hyperinflation” in Studies in the Quantity Theory of Money, M. Friedman (ed.), University of Chicago Press, 1956.
- Friedman, M. “The Quantity Theory of Money: A Restatement,” in OQM (also in Thorn and in Studies in the Quantity Theory of Money).
- Keynes, J. M. The General Theory of Employment, Interest and Money, Macmillan, 1935, Chaps. 13, 15, 17.
- Laidler, D. E. W. “Some Evidence on the Demand for Money,” JPE, Feb., 1966, 55-68.
- Latané, H. A. “Cash Balances and the Interest Rate—A Pragmatic Approach,” RE and Sta., Nov., 1954, 456-60.
- Tobin, J. “Liquidity Preference as Behavior Toward Risk,” RES, Feb., 1958, 65-86, reprinted in Thorn.
(IV) The Supply of Money
- Cagan, P. Determinants and Effects of Changes in the Money Stock, 1875-1960, Columbia University Press, 1965.
(V)Inflation
- Friedman, M. “The Role of Monetary Policy, “ AER, March 1968, 1-17, reprinted in OQM.
- Phillips, A. W. “The Relation between Unemployment and the Rate of Change of Money Wages in the U.K., 1862-1957,” Economica, Nov., 1958, 283-99.
Lutz and Mints. Lutz, Friedrich A. and Mints, Lloyd W. Readings in Monetary Economics.Volume 5 of The series of republished articles on economics. R.D. Irwin, 1951.
Thorn. [probably] Money and banking: theory, analysis, and policy; a textbook of readings. Edited with introd. by S. Mittra. [Consulting editor: Richard S. Thorn]. New York, Random House [1970]
OQM. Friedman, Milton. Optimum Quantity of Money and Other Essays. New Brunswick, NJ: Transaction Publishers, 1969.
Source: Source: Stigler, George. Papers, Box 3, Folder “U of C Other, Miscellaneous, Corresp. w. Pres., etc”, Special Collections Research Center, University of Chicago Library...."