Fall 2005

Articles Assigned for the Second Half of the Class

Original Reading List dated August 25, 2005.

Refer to the Course Calendar to see when the readings are assigned. These are coded by the order in which they are assigned in the course calendar. These are all PDF files which can be printed or read directly online.

Use the link to obtain the file.

There may be one or two additions to this reading list by the end of the semester. If so, these will be announced in class and by email.

The first three chapters below are from Macroeconomics, by Gary Evans and Howard Sherman, 1984. Authored articles are identified by author, otherwise they are publications of the Federal Reserve System (FRS) without the author identified.

R1: Chapter 6, Money: From MX ... , by Gary Evans and Howard Sherman.

R2: Chapter 18, Monetary Theories, by Gary Evans and Howard Sherman (note: this PDF file had not been located by the date above and may eventually be removed from the reading list due to lack of availability).

R3: Chapter 24, Monetary Policy, by Gary Evans and Howard Sherman.

R4: U.S. Monetary Policy: An Introduction, (FRS)

R5: The Federal Reserve System: Purposes and Functions (FRS)

R6: Monetary Policy and the Economy (FRS)

R7: The Implementation of Monetary Policy (FRS)

R8: Understanding Open Market Operations, by M.A. Akhtar

R9: Open Market Operations in the 1990s, by Cheryl L. Edwards

R10: International Monetary Policy (FRS)

R11: What are the Lags in Monetary Policy? by Glenn Rudebusch

R12: What Makes the Yield Curve Move? by Tao Wu

R13: Explaining Recent Changes in Home Prices, by Richard Rosen

R14: Housing Prices in America, by Richard DeKayser Note: Do not print this long article, merely peruse it online as instructed by Prof. Evans

Take-home agency budget assignment due October 4: Agency Budget Review Assignment (handed out in class)

Optional (We will read and discuss this if we have time):

Unrestricted Warfare, by Qiao Liang and Wang Xiangsui

Louisiana Homeland Security Strategy March 2003