Monetary Policy, Inflation, and the Business Cycle

Jordi Galí2008book

Selected reading: A monetary model’s variables and expectation assumptions.

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How to study this source

  • How does money shape an economy?

    backgroundA monetary model’s variables and expectation assumptions

    Trace one selected model’s mechanism and identify what evidence would test it.

Ideas and questions

Read background definitions when a term blocks the argument. Then return to the source and reconstruct its claim in your own words.

Read alongside, read against

  • Interest and Prices

    Michael Woodford. Compare assumptions, evidence and scope with the source above. These are editorial companions, not necessarily direct responses.

  • The Holy Grail of Macroeconomics

    Richard Koo. Compare assumptions, evidence and scope with the source above. These are editorial companions, not necessarily direct responses.

  • Lords of Finance

    Liaquat Ahamed. Compare assumptions, evidence and scope with the source above. These are editorial companions, not necessarily direct responses.

  • This Time Is Different

    Carmen Reinhart · Kenneth Rogoff. Compare assumptions, evidence and scope with the source above. These are editorial companions, not necessarily direct responses.

  • Manias, Panics and Crashes

    Charles Kindleberger. Compare assumptions, evidence and scope with the source above. These are editorial companions, not necessarily direct responses.