READINGS AND NOTES ON MACROECONOMICS AND FINANCIAL ECONOMICS
The readings here have been divided into five section. The first section covers Business Cycle and the second section covers Growth Theories. In the Business cycle, first, the redings on business cycle facts have been presented.
THEORITICAL NOTES, PAPERS AND DISSERTATIONS FOR CLIENTS
DISSERTATIONS
My dissertation, for a client, titled Analysis of the Gender Wage Gap for the Canadian Millennials for the Provinces of Canada can be found here.
My disseration, for a client, titled Okuns Law in the Context of Four European Countries can be found here.
My dissertation, for a client, titled Analysis of Hong-Kong REITS Using CAPM Model and VAR Model can be found here.
My dissertation, for a client, titled Lucas Critique in Action: Consumption and Income can be found here.
GROWTH THEORIES AND BUSINESS CYCLES
My essay titled Productivity Paradox can be found here.
My essay titled Growth Empirics can be found here.
My notes titled Solow Growth Model can be found here.
My cessay titled Central Banking objective and Limitations of the Real Business Cyle can be found here.
My critical essay titled Does Macroeconomics needs Micro Foundations is here.
My critical essay titled Monetary Policy and Inflation is here.
My Replication Paper on Real Exchnage Rate and Nominal Exchange Rate is here.
My Notes on Price Rigidities and Nominal Rigidities is here.
My critical essay on Conventional Monetary Policy and Unconventional Monetary Policy is here.
POLITICAL ECONOMY
My essay on Democratisiation and Economic Development can be found here.
My notes on Capitalism can be found here.
My critical essay on Approches to Political Economy can be found here.
My critical essay on Adam Smith's Theory of Natural and Market Prices can be found here.
My notes on Centrally Planned Economy can be found here.
My essay on Political Economy can be found here.
My essay on Austrian School of Economics can be found here.
My essay on Capital Gains Tax can be found here.
My essay on Globalization can be found here.
My essay on Market Strcuture and Firm's R&D activity can be found here.
My essay on Economically Disruptive Innovation of Blockchain and Bitcoin can be found here.
My essay on Spillover Effect of Mass Layoff can be found here.
My critique on the Inequalities of Gender can be found here.
My paper on Why did countries grow or not can be found here.
My essay on the Relationship between Gender and Global Political Economy can be found here.
My essay on Artificial Intelligence and Economic Decision Making can be found here.
My essay on Economics of Competition and Strategy can be found here.
Labour Market
My essay on Female Labor Force Participation in India can be found here.
My paper titled Labor Market Persistence During Recession can be found here.
My notes on Gender Difference in the Labor Market can be found here.
My essay on Economic History and Industrial Development can be found here.
My piece on Randomized CT can be found here.
My notes on Beveridge curve can be found here.
My essay on Minimum Wage and Unemployment can be found here.
My essay on Information assymetry and Unemployment Insurance can be found here.
Financial Economics
My notes on Efficient Market Hypothesis can be found here.
My essay on Speculative Asset Prices can be found here.
My paper on Internatinal Correlation Risk can be found here.
My notes on Capital Asset Pricing Model is here.
My notes on Financial Economic is here.
My note on Applied Financial Economterics is here.
My notes on Financial Economterics is here.
Development Economics
My notes on Income Inequality and Multidimensional Poverty Index is here.
My essay on Inequality in the United States is here.
My piece on Trends on Income Inequality in China is here.
My paper on Informational Assymetry and Unemployment Insurance is here.
My essay on Environmental Economics is here.
My piece on The Contribution of Human Capital to China's Economic Growth is here.
My essay on Problems with Assymetric Information is here.
My notes on Empirical Investigation of Foreign Aid can be found here.
My paper on Wagners Law is here.
My essay on Why has the Income Share of the Top 1 percent Risen in the United States and can be found here.
Microeconomic Theory
My essay on Externalities and Property Rights is here.
My essay on Prissoner's Dilemma is here.
My critical Piece of whether Is Carbon Pricing the right approach to Tackle Climate Change is here.
My piece on Trade War between China and the United States is here.
My notes on Auction Theory can be found here.
My notes on Network Externalities is here.
My essay on Other Regarding Preferences can be found here.
My essay on Signalling in Game Theory can be found here.
My critical essay on Adverse Selection can be found here.
My essay on whether monopoly should be regulated can be found here.
CRITICAL ESSAYS
Growth Theories
My essay titled Productivity Paradox can be found here.
My essay titled Growth Empirics can be found here.
My notes titled Solow Growth Model can be found here.
Business Cycle
My cessay titled Central Banking objective and Limitations of the Real Business Cyle can be found here.
My critical essay titled Does Macroeconomics needs Micro Foundations is here.
My critical essay titled Monetary Policy and Inflation is here.
My Replication Paper on Real Exchnage Rate and Nominal Exchange Rate is here.
My Notes on Price Rigidities and Nominal Rigidities is here.
My critical essay on Conventional Monetary Policy and Unconventional Monetary Policy is here.
Political Economy
My essay on Democratisiation and Economic Development can be found here.
My notes on Capitalism can be found here.
My critical essay on Approches to Political Economy can be found here.
My critical essay on Adam Smith's Theory of Natural and Market Prices can be found here.
My notes on Centrally Planned Economy can be found here.
My essay on Political Economy can be found here.
My essay on Austrian School of Economics can be found here.
My essay on Capital Gains Tax can be found here.
My essay on Globalization can be found here.
My essay on Market Strcuture and Firm's R&D activity can be found here.
My essay on Economically Disruptive Innovation of Blockchain and Bitcoin can be found here.
My essay on Spillover Effect of Mass Layoff can be found here.
My critique on the Inequalities of Gender can be found here.
My paper on Why did countries grow or not can be found here.
My essay on the Relationship between Gender and Global Political Economy can be found here.
My essay on Artificial Intelligence and Economic Decision Making can be found here.
My essay on Economics of Competition and Strategy can be found here.
Labour Market
My essay on Female Labor Force Participation in India can be found here.
My paper titled Labor Market Persistence During Recession can be found here.
My notes on Gender Difference in the Labor Market can be found here.
My essay on Economic History and Industrial Development can be found here.
My piece on Randomized CT can be found here.
My notes on Beveridge curve can be found here.
My essay on Minimum Wage and Unemployment can be found here.
My essay on Information assymetry and Unemployment Insurance can be found here.
Financial Economics
My notes on Efficient Market Hypothesis can be found here.
My essay on Speculative Asset Prices can be found here.
My paper on Internatinal Correlation Risk can be found here.
My notes on Capital Asset Pricing Model is here.
My notes on Financial Economic is here.
My note on Applied Financial Economterics is here.
My notes on Financial Economterics is here.
Development Economics
My notes on Income Inequality and Multidimensional Poverty Index is here.
My essay on Inequality in the United States is here.
My piece on Trends on Income Inequality in China is here.
My paper on Informational Assymetry and Unemployment Insurance is here.
My essay on Environmental Economics is here.
My piece on The Contribution of Human Capital to China's Economic Growth is here.
My essay on Problems with Assymetric Information is here.
My notes on Empirical Investigation of Foreign Aid can be found here.
My paper on Wagners Law is here.
My essay on Why has the Income Share of the Top 1 percent Risen in the United States and can be found here.
Microeconomic Theory
My essay on Externalities and Property Rights is here.
My essay on Prissoner's Dilemma is here.
My critical Piece of whether Is Carbon Pricing the right approach to Tackle Climate Change is here.
My piece on Trade War between China and the United States is here.
My notes on Auction Theory can be found here.
My notes on Network Externalities is here.
My essay on Other Regarding Preferences can be found here.
My essay on Signalling in Game Theory can be found here.
My critical essay on Adverse Selection can be found here.
My essay on whether monopoly should be regulated can be found here.
Political Economy
My essay on Democratisiation and Economic Development can be found here.
My notes on Capitalism can be found here.
My critical essay on Approches to Political Economy can be found here.
My critical essay on Adam Smith's Theory of Natural and Market Prices can be found here.
My notes on Centrally Planned Economy can be found here.
My essay on Political Economy can be found here.
My essay on Austrian School of Economics can be found here.
My essay on Capital Gains Tax can be found here.
My essay on Globalization can be found here.
My essay on Market Strcuture and Firm's R&D activity can be found here.
My essay on Economically Disruptive Innovation of Blockchain and Bitcoin can be found here.
My essay on Spillover Effect of Mass Layoff can be found here.
My critique on the Inequalities of Gender can be found here.
My paper on Why did countries grow or not can be found here.
My essay on the Relationship between Gender and Global Political Economy can be found here.
My essay on Artificial Intelligence and Economic Decision Making can be found here.
My essay on Economics of Competition and Strategy can be found here.
Labour Market
My essay on Female Labor Force Participation in India can be found here.
My paper titled Labor Market Persistence During Recession can be found here.
My notes on Gender Difference in the Labor Market can be found here.
My essay on Economic History and Industrial Development can be found here.
My piece on Randomized CT can be found here.
My notes on Beveridge curve can be found here.
My essay on Minimum Wage and Unemployment can be found here.
My essay on Information assymetry and Unemployment Insurance can be found here.
Financial Economics
My notes on Efficient Market Hypothesis can be found here.
My essay on Speculative Asset Prices can be found here.
My paper on Internatinal Correlation Risk can be found here.
My notes on Capital Asset Pricing Model is here.
My notes on Financial Economic is here.
My note on Applied Financial Economterics is here.
My notes on Financial Economterics is here.
Development Economics
My notes on Income Inequality and Multidimensional Poverty Index is here.
My essay on Inequality in the United States is here.
My piece on Trends on Income Inequality in China is here.
My paper on Informational Assymetry and Unemployment Insurance is here.
My essay on Environmental Economics is here.
My piece on The Contribution of Human Capital to China's Economic Growth is here.
My essay on Problems with Assymetric Information is here.
My notes on Empirical Investigation of Foreign Aid can be found here.
My paper on Wagners Law is here.
My essay on Why has the Income Share of the Top 1 percent Risen in the United States and can be found here.
Microeconomic Theory
My essay on Externalities and Property Rights is here.
My essay on Prissoner's Dilemma is here.
My critical Piece of whether Is Carbon Pricing the right approach to Tackle Climate Change is here.
My piece on Trade War between China and the United States is here.
My notes on Auction Theory can be found here.
My notes on Network Externalities is here.
My essay on Other Regarding Preferences can be found here.
My essay on Signalling in Game Theory can be found here.
My critical essay on Adverse Selection can be found here.
My essay on whether monopoly should be regulated can be found here.
READINGS ON BUSINESS CYCLE
Barsky, R. B., & Miron, J. A. (1989). The seasonal cycle and the business cycle. Journal of Political Economy, 97(3), 503-534. The link to the paper is here.
Jordà, Ò., Schularick, M., & Taylor, A. M. (2017). Macrofinancial history and the new business cycle facts. NBER macroeconomics annual, 31(1), 213-263. The link to the paper is here.
Chapter 1 of the book titled by "Open Econonomy Macroeconomics" by Martin Uribe and Stephanie Schmitt-Grohe provides a holistic review of the Business-cycle Facts around the world. The link to the slides is here.
Nordhaus, W. D. (1975). The political business cycle. The Review of Economic Studies, 42(2), 169-190. The link to the paper is here.
Ghate, C., Pandey, R., & Patnaik, I. (2013). Has India emerged? Business cycle stylized facts from a transitioning economy. Structural Change and Economic Dynamics, 24, 157-172. The link to the paper is here.
Dua, P., & Banerji, A. (2012). Business and growth rate cycles in India (No. 210). The link to the paper is here.
Kufenko, V., & Geiger, N. (2016). Business cycles in the economy and in economics: An econometric analysis. Scientometrics, 107(1), 43-69. The link to the paper is here.
BUSINESS CYCLE THEORIES AND EMPIRICS
The paper titled Real Business Cycle Models: Past, Present, and Future by Sergio Rebelo provides a critical analysis of the Real Business Models to our understanding of economic fluctuation. The link to the paper is here.
Laurence Ball provides an review of the determinants on sacrifice ratio in the US in a paper titled "What Determines the Sacrifice Ratio?" The link to the paper is here.
Valerie Ramey provides an excellent review of the empirical methods in a paper titled "Macroeconomics Shocks and thier Propogation". The link to the paper is here. This paper, as she puts it in the abstract, "reviews and synthesizes our current understanding of the shocks that drive economic fluctuations."
CRITIQUE ON MACROECONOMICS
Paul Romer writes a paper titled "The Trouble with Macroeconomics". The link to the paper is here. It is one of the most scathing critique on the current state of the business cycle status-quo coming from a Nobel Prize winning Economist.
Ricardo Reis writes a paper titled "Is something really wrong with macroeconomics? " The link to the paper is here.
Stiglitz, J. E. (2018). Where modern macroeconomics went wrong. Oxford Review of Economic Policy, 34(1-2), 70-106. Another critique from a Nobel Prize winning economist.
RATIONAL EXPECTATION
OKUN'S LAW
Cazes, S., Verick, S., & Al Hussami, F. (2013). Why did unemployment respond so differently to the global financial crisis across countries? Insights from Okun’s Law. IZA Journal of Labor Policy, 2(1), 1-18. The link to the paper is here.
Ball, L., Leigh, D., & Loungani, P. (2017). Okun's law: Fit at 50? Journal of Money, Credit and Banking, 49(7), 1413-1441. The link to the paper is here.
Duval, M. R. A., & Loungani, M. P. (2019). Designing Labor Market Institutions in Emerging and Developing Economies: Evidence and Policy Options. The link to the paper is here.
REAL EXCHNAGE RATE AND ECONOMIC GROWTH
Rodrik, D. (2008). The real exchange rate and economic growth. Brookings papers on economic activity, 2008(2), 365-412. The link to the paper is here.
Devereux, M. B. (2014). Real exchange rates and the Balassa-Samuelson effect revisited. Research Summary. NBER Reporter, (4). The link to the paper is here.
GROWTH THEORIES
Jones, C. I. (2019). Paul Romer: Ideas, nonrivalry, and endogenous growth. The Scandinavian Journal of Economics, 121(3), 859-883. The link to the paper can be found here.
Romer, P. M. (1990). Endogenous technological change. Journal of political Economy, 98(5, Part 2), S71-S102. The link to the paper can be found here.
Jones, C. (1990). Human Capital, Ideas and Economic Growth. The Link to the paper can be found here.
READINGS ON INEQUALITY
Bonica, A., McCarty, N., Poole, K. T., & Rosenthal, H. (2013). Why hasn't democracy slowed rising inequality? Journal of Economic Perspectives, 27(3), 103-24. The link to the paper is here.
Blanco, A. F. (2020). On economic inequality and schools of economic thought. Economic Alternatives, (4), 511-524. The link to the paper is here.
INFLATION AND GROWTH
Temple, J. (2000). Inflation and growth: stories short and tall. Journal of economic surveys, 14(4), 395-426.
READINGS ON PRODUCTIVITY
Nadiri, M. I. (1972). International studies of factor inputs and total factor productivity: A brief survey. Review of Income and Wealth, 18(2), 129-154. The link to the paper is here.
Miller, S. M., & Upadhyay, M. P. (2000). The effects of openness, trade orientation, and human capital on total factor productivity. Journal of development economics, 63(2), 399-423.
Hulten, C. R. (2007). Total Factor Productivity: A Short Biography (pp. 1-54). NBER. University of Chicago Press. The link to the paper is here.
Miller, S. M., & Upadhyay, M. P. (2002). Total factor productivity and the convergence hypothesis. Journal of Macroeconomics, 24(2), 267-286. The link to the paper is here.
Baier, S. L., Dwyer Jr, G. P., & Tamura, R. (2006). How important are capital and total factor productivity for economic growth? Economic Inquiry, 44(1), 23-49. The link to the paper is here.
Felipe, J., & McCombie, J. S. (2007). Is a theory of total factor productivity really needed? Metroeconomica, 58(1), 195-229. The link to the paper is here.
Sharma, S. C., Sylwester, K., & Margono, H. (2007). Decomposition of total factor productivity growth in US states. The Quarterly Review of Economics and Finance, 47(2), 215-241. The link to the paper is here.
Syverson, C. (2011). What determines productivity? Journal of Economic literature, 49(2), 326-65. The link to the paper is here.
Van Beveren, I. (2012). Total factor productivity estimation: A practical review. Journal of Economic Surveys, 26(1), 98-128. The link to the paper is here.
Virmani, A. (2004). Sources of India's economic growth: trends in total factor productivity (No. 131). Working paper, ICRIER. The link to the paper is here.
Lee, K. R., Leem, B., Lee, C. W., & Lee, C. (2011). Malmquist productivity index using dea frontier in stata. Stata Journal, 2(2), 1-9. The link to the paper is here.
BOOKS ON MACROECONOMICS
A contemporary treasure that traces the evolution of macroeconomics thought is the book titled Modern Macroeconomics: It's Origin, Development and Current State. The link to the book is here.
Advanced Macroeconomics is a advanced graduate level textbook covering the theoritical backgrounds. The link to the book is here
Stability with Growth: Macroeconomics, Liberalization, and Development. The link to the book is here.