The Macroeconomic Consequences of Remittances Question

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choose one of the articles listed below, and then write a short paper (4-5 pages, 11 font, double-spaced) that summarizes the article, assesses its argument, and discusses its implications.  

Should be well-written and edited, and address the article in an integrated, coherent manner. 

You may use other references, but you do not need to. I am most interested in how well you understand and assess these articles—other sources are unlikely to help much in that activity. 

The papers below develop DSGE type models to study a research question. They address these questions for a variety of specific cases and treat different issues from a variety of angles. 

The Macroeconomic Consequences of Remittances by Berrak Bahadir, Santanu Chatterjee and Thomas Lebesmuehlbacher

https://www.sciencedirect.com/science/article/pii/S0022199618300102Links to an external site.

Business Cycles in Emerging Economies: The Role of Interest Rates by Pablo Neumeyer and Fabrizio Perri

  1. https://www.sciencedirect.com/science/article/pii/S0304393205000036Links to an external site.

When is the Government Spending Multiplier is Large? By Lawrence Christiano, Martin Eichenbaum, and Sergio Rebelo

https://www.journals.uchicago.edu/doi/abs/10.1086/659312Links to an external site.

Land-price Dynamics and Macroeconomic Fluctuations by Zheng Liu, Pengfei Wang, Tao Zha

https://onlinelibrary.wiley.com/doi/full/10.3982/ECTA8994Links to an external site.

DSGE Models for Monetary Analysis by Lawrence Christiano, Mathias Trabandt, and Karl Walentin

https://www.sciencedirect.com/science/article/pii/B9780444532381000077Links to an external site.

Monetary Policy and Unemployment by Jordi Gali

  1. https://www.sciencedirect.com/science/article/pii/B9780444532381000107
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