Write a short paper (4-5 pages, 11 font, double-spaced) that summarizes the article, assesses its argument, and discusses its implications. Your paper should be well-written and edited, and address the article in an integrated, coherent manner. You are required to work independently of other students or faculty but you are free to use your text and class notes. 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. Direct any questions you may have about the content of this assignment to me.
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.
- Business Cycles in Emerging Economies: The Role of Interest Rates by Pablo Neumeyer and Fabrizio Perri