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 to an external site.

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

  1. to an external site.

When is the Government Spending Multiplier is Large? By Lawrence Christiano, Martin Eichenbaum, and Sergio Rebelo to an external site.

Land-price Dynamics and Macroeconomic Fluctuations by Zheng Liu, Pengfei Wang, Tao Zha to an external site.

DSGE Models for Monetary Analysis by Lawrence Christiano, Mathias Trabandt, and Karl Walentin to an external site.

Monetary Policy and Unemployment by Jordi Gali


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