Research topics in monetary economics Best answer on the web
Posted in: darrelrussell.com edit
07 Jan 2009
current relevance in the field of monetary economics?
I am currently an MSC student in Economics. I plant to enrol for a PHD
degree scheme in Economics this year but I am having some difficulty
in choosing a research topic. Could you give me some ideas?
I have found the following papers for you.
The Impact of the Euro:
"The road to adopting the euro: monetary policy and exchange rate regimes in EU candidate countries" http://66.102.7.104/search?q=cache:WdOPxxbmV0QJ:ideas.repec.org/p/fip/fedgif/741.html+euro+monetary+economics+papers&hl=en&ie=UTF-8
"Will the Euro Bring Economic Crisis to Europe?"
http://ideas.repec.org/p/wpa/wuwpma/0103003.html
"FINANCIAL MARKET INTEGRATION IN THE EURO AREA ECONOMICS DEPARTMENT WORKING PAPER NO" http://www.olis.oecd.org/olis/2003doc.nsf/linkto/eco-wkp(2003)22
"TAX INCENTIVES AND HOUSE PRICE VOLATILITY IN THE EURO AREA: THEORY AND
EVIDENCE"
http://appli1.oecd.org/olis/2003doc.nsf/linkto/eco-wkp(2003)10/$FILE/JT00145167.PDF
"OVERHEATING IN SMALL EURO AREA ECONOMIES: SHOULD FISCAL POLICY REACT?"
http://appli1.oecd.org/olis/2002doc.nsf/linkto/eco-wkp(2002)9/$FILE/JT00121236.pdf
-----------------
Dollarization:
"Dollarization and Economic Performance: An Empirical Investigation"
http://papers.nber.org/papers/W8274
"The Choice of Exchange Rate Regime and Monetary Target in Highly Dollarized Economy" http://www.imf.org/EXTERNAL/PUBS/CAT/longres.cfm?sk&sk=3461.0
"CAPITAL MARKETS AND THE EXCHANGE RATE
With Special Reference to the Dollarization Debate in Latin America"
http://www.bsos.umd.edu/econ/ciecrp9.pdf
?Capital Flow Reversals, the Exchange Rate Debate, and Dollarization?
http://www.bsos.umd.edu/econ/ciecpp7.pdf
?Dollarization and Trade?
http://ideas.repec.org/p/nbr/nberwo/8879.html
-----------------
Euro vs Dollar:
"Business Cycles under Monetary Union: A Comparison of the EU and US"
http://ideas.repec.org/a/bla/econom/v67y2000i267p347-74.html
?Euro vs. Dollar?
http://faculty.london.edu/rportes/research/PortesReyEP.pdf
?Productivity and the Euro-Dollar Exchange Rate Puzzle?
http://ideas.repec.org/p/nbr/nberwo/8824.html
?The Euro/Dollar Dynamics, Trading Order Flows and Feedback Effects?
http://www.cepii.fr/anglaisgraph/research/smfi/smfi6-3.htm
?EFFICIENCY AND NEWS IN EXCHANGE RATE MARKET: THE
EURO/DOLLAR CASE?
http://www.brunel.ac.uk/depts/ecf/research/papers/01-06.pdf
Thanks again! :)
Best Regards,
Easterangel-ga
Yours faithfully,
Edna
"The road to adopting the euro: monetary policy and exchange rate regimes in EU candidate countries" http://216.239.53.104/search?q=cache:WdOPxxbmV0QJ:ideas.repec.org/p/fip/fedgif/741.html+%22The+road+to+adopting+the+euro:+monetary+policy+and+exchange+rate+regimes+in+EU+candidate+countries%22&hl=en&ie=UTF-8
Sorry about that.
Thanks!
Thank you,
Edna
(1) The impact of the Euro
(2) The impact of the dollar / dollarization
(3) The Euro vs the dollar debate
Edna
I have found the following abstracts and/or full document versions of sample papers about monetary economics that you could use to formulate your own research paper.
MONETARY POLICY:
?Monetary and Fiscal Remedies for Deflation?
http://papers.nber.org/papers/W10290
?Chaotic Interest Rate Rules: Expanded Version?
http://papers.nber.org/papers/W10272
?Deflation and Depression: Is There and Empirical Link??
http://papers.nber.org/papers/W10268
?Optimal Simple and Implementable Monetary and Fiscal Rules?
http://papers.nber.org/papers/W10253
?Measuring the Effects of Monetary Policy: A Factor-Augmented Vector Autoregressive (FAVAR) Approach? http://papers.nber.org/papers/W10220
?Optimal Policy with Low-Probability Extreme Events?
http://papers.nber.org/papers/W10196
?Escaping from a Liquidity Trap and Deflation: The Foolproof Way and Others?
http://papers.nber.org/papers/W10195
?Gold, Fiat Money, and Price Stability?
http://papers.nber.org/papers/W10171
?How Do Banks Set Interest Rates??
http://papers.nber.org/papers/W10295
?Aggregate Supply and Potential Output?
http://papers.nber.org/papers/W10294
?Helicopter Money: Irredeemable Fiat Money and the Liquidity Trap?
http://papers.nber.org/papers/W10163
?Optimal Fiscal and Monetary Policy Under Imperfect Competition?
http://papers.nber.org/papers/W10149
?External Constraints on Monetary Policy and the Financial Accelerator?
http://papers.nber.org/papers/W10128
?Cross-Border Tax Externalities: Are Budget Deficits Too Small??
http://papers.nber.org/papers/W10110
?The Optimal Degree of Discretion in Monetary Policy?
http://papers.nber.org/papers/W10109
?Monetary Policies for Developing Countries: The Role of Corruption?
http://papers.nber.org/papers/W10093
?Money in a Theory of Banking?
http://papers.nber.org/papers/W10070
?Policy Evaluation in Uncertain Economic Environments?
http://papers.nber.org/papers/W10025
?Inflation Targeting in Emerging Market Economies?
http://papers.nber.org/papers/W10019
?On the Sluggish Response of Prices to Money in an Inventory-Theoretic Model of Money Demand? http://papers.nber.org/papers/W10016
?The Case of the Missing Productivty Growth: Or, Does Information Technology Explain why Productivity Accelerated in the US but not the UK?? http://papers.nber.org/papers/W10010
?Medium Term Business Cycles?
http://papers.nber.org/papers/W10003
?The Output Composition Puzzle: A Difference in the Monetary Transmission Mechanism in the Euro Area and U.S.? http://papers.nber.org/papers/W9985
?Monetary Transmission in the Euro Area: Does the Interest Rate Channel Explain it All?? http://papers.nber.org/papers/W9984
?Inflation Targeting in the United States??
http://papers.nber.org/papers/W9981
?Monetary Policy in an Uncertain Environment?
http://papers.nber.org/papers/W9968
?Is the Fiscal Theory of the Price Level Learnable??
http://papers.nber.org/papers/W9961
?The Unique Minimum State Variable RE Solution is E-Stable in All Well Formulated Linear Models? http://papers.nber.org/papers/W9960
?Monetary Discretion, Pricing Complementarity and Dynamic Multiple Equilibria?
http://papers.nber.org/papers/W9929
?Bank Concentration and Crises?
http://papers.nber.org/papers/W9921
?Optimal Monetary and Fiscal Policy: A Linear Quadratic Approach?
http://papers.nber.org/papers/W9905
?Imperfect Knowledge, Inflation Expectations, and Monetary Policy?
http://papers.nber.org/papers/W9884
?A New Measure of Monetary Shocks: Derivation and Implications?
http://papers.nber.org/papers/W9866
---------------------------------------
CURRENCIES:
?Monetary Policy and the Volatility of Real Exchange Rates in New Zealand?
http://papers.nber.org/papers/W10280
?The Mirage of Exchange Rate Regimes for Emerging Market Countries?
http://papers.nber.org/papers/W9808
?Dollarization in the Former Soviet Union?
http://66.102.7.104/search?q=cache:C8GOGIQwxBkJ:www.lu.lv/cets/lv/notikumi/dolarization.doc+%22financial+markets%22+monetary+policy&hl=en&ie=UTF-8
?Policy pre-commitment and institutional design: A synthetic indicator applied
to Currency Boards?
http://www.olis.oecd.org/olis/2002doc.nsf/linkto/eco-wkp(2002)16
?Adjustment Under Fixed Exchange Rates?
http://www.oecd.org/dataoecd/50/1/1871733.pdf
?Fear of Floating Needn't Imply Fixed Rates: Feasible Options for Intermediate Exchange Rate Regimes? http://econpapers.hhs.se/paper/clmclmeco/2002-18.htm
?Do Central Banks Systematically Lose Money in Currency Markets??
http://www.business.com/bdcframe.asp?ticker=&src=http%3A//rd.business.com/index.asp%3Fbdcz%3Di.l.l.ml.e%26bdcr%3D11%26bdcu%3Dhttp%253A//www.bridgewaterassociates.com/pdf/CentralBank.pdf%26bdcs%3DC1D0F190-D74D-4A89-A0EE-40E1139901FA%26bdcf%3Da92b079f-8dba-11d4-8f89-00d0b74736e1%26bdcp%3D%26partner%3Dbdc%26title%3DDo%2520Central%2520Banks%2520Systematically%2520Lose%2520Money%2520in%2520Currency%252 0Markets%253F&back=http%3A//www.business.com/directory/financial_services/investment_banking_and_brokerage/sales_and_trading/reference/working_papers/&path=/directory/financial_services/investment_banking_and_brokerage/sales_and_trading/reference/working_papers
?The implementation of monetary policy in industrial countries: a survey?
http://www.bis.org/publ/econ47.htm
?Financial Liberalisation, Asset Prices and Exchange Rates?
http://www.oecd.org/dataoecd/17/41/2003811.pdf
?Anticipations of monetary policy in financial markets?
http://ideas.repec.org/p/fip/fedgfe/2001-24.html
?The Euro and the European Policy Mix?
http://www.oecd.org/dataoecd/14/12/1884593.pdf
?Early warning systems for currency crises?
http://www.bis.org/publ/confer08m.pdf
?Classifying Exchange Rate Regimes?
http://econ.claremontmckenna.edu/papers/2002-22.pdf
?Foreign Currency for Long-Term Investors?
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=320920
---------------------------------
EQUITIES:
?Bad Beta, Good Beta?
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=343780
?Have Individual Stocks Become More Volatile? An Empirical Exploration of Idiosyncratic Risk? http://papers.ssrn.com/sol3/papers.cfm?abstract_id=211428
?Equity Volatility and Corporate Bond Yields?
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=301320
?Who Should Buy Long-Term Bonds??
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=140271
?By Force of Habit: A Consumption-Based Explanation of Plantation of Aggregate Stock Market Behavior? http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1870
?Consumption-Based Asset Pricing?
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=343784
?Efficient Tests of Stock Return Predictability?
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=343782
?Asset Pricing At The Millennium?
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=236584
?Stock Market Mean Reversion And The Optimal Equity Allocation Of A Long-Lived Investor? http://papers.ssrn.com/sol3/papers.cfm?abstract_id=237175
?Investing Retirement Wealth: A Life-Cycle Model?
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=236444
?Strategic Asset Allocation in a Continuous-Time VAR Model?
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=343783
?Trading Volume and Serial Correlation in Stock Returns?
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=297335
?Equity Volatility and Corporate Bond Yields?
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=313662
?Efficient Tests of Stock Return Predictability?
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=457548
?From Efficient Market Theory to Behavioral Finance?
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=349660
?One Simple Test of Samuelson's Dictum for the Stock Market Jeeman Jung?
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=348180
?The Invention of Inflation-Indexed Bonds in Early America?
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=475881
?The Invention of Inflation-Indexed Bonds in Early America?
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=481460
?Do Stock Prices Incorporate the Potential Dilution of Employee Stock Options??
http://econ.claremontmckenna.edu/papers/2001-09.pdf
?Equity Stakes and Hold-up Problems?
http://econpapers.hhs.se/paper/clmclmeco/2001-31.htm
?Banking Relationships and Access to Equity Capital Markets: Evidence from Japan?s Main Bank System? http://econpapers.hhs.se/paper/clmclmeco/2003-09.htm
----------------------------------
MACROECONOMICS:
?Benchmarking the Returns to Venture?
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=483886
?Wage Determination and Employment Fluctuations?
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=444306
?Corporate Earnings Track the Competitive Benchmark?
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=476107
?The Sensitivity of Consumption to Transitory Income: Estimates from Panel Data on Households? http://papers.ssrn.com/sol3/papers.cfm?abstract_id=263387
?Current Account Deficits in the Euro Area. The End of the Feldstein Horioka Puzzle?? http://papers.ssrn.com/sol3/papers.cfm?abstract_id=372880
?Contours of Employment Protection Reform?
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=464282
?The Perverse Effects of Partial Labour Market Reform: Fixed-Term Contracts in France? http://papers.ssrn.com/sol3/papers.cfm?abstract_id=316901
?Did the 2001 Tax Rebate Stimulate Spending? Evidence from Taxpayer Surveys?
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=347080
?Are Cyclical Fluctuations in Productivity Due More to Supply Shocks or Demand Shocks?? http://papers.ssrn.com/sol3/papers.cfm?abstract_id=227392
?Has the Rate of Economic Growth Changed? Evidence and Lessons for Public Policy?
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=473641
?The Political Economy of External Discipline: Constraint Versus Incentive Effects of Capital Mobility and Exchange Rate Pegs? http://econpapers.hhs.se/paper/clmclmeco/2001-29.htm
?The Changing Role of Capital in the U.S. Private Business Sector: Evidence for a "New Economy"? http://econpapers.hhs.se/paper/clmclmeco/2002-37.htm
?Generating Non-Standard Multivariate Distributions with an Application to Mismeasurement in the CPI? http://papers.ssrn.com/sol3/papers.cfm?abstract_id=225101
?Alternative Strategies for Aggregating Prices in the CPI?
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=225759
?Costly Capital Reallocation and the Effects of Government Spending?
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=226040
Search terms used:
"financial markets" currencies monetary policy economics papers
I hope these links would help you in your research. Before rating this answer, please ask for a clarification if you have a question or if you would need further information.
Thanks for visiting us.
Regards,
Easterangel-ga
Google Answers Researcher
Thank you as well! I'm glad that you found my answers were right on with your original question.
Since these are very different topics from the original query I suggest that you post them as a new question.
Thank you. :)
The following questions pose some difficulties for us researchers since what is challenging and a good research topic is of a purely subjective nature, we will have difficulty providing a list that we are sure would be satisfavtory to you.
I have found some samples abstracts of Monetary Economics research papers on the web. Will just a listin of these papers be enough so as to help you in coming up with an original research topic that you can formulate? Some samples are the following...
"Inflation Illusion and Stock Prices"
http://papers.nber.org/papers/W10263
"Industry Dynamics with Adjustment Costs"
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=305075
Would a listing of such kinds of papers be ok as answer?
Thanks! :)