Optional Paper

An optional extra credit paper, worth up to 5 percent of your final grade, must deal with the topic of monetary policy in the current recession, and look at both newspaper editorials and blogs and at economic journal articles. (and more than one of each).

It must be at least 5 pages in length and no more than 10 pages in length (double spaced, standard sized) and do the following:

  • Choose your articles by reading one or both of the following as a starting point:
  • Both articles have links which reference other works that you may want to follow up on. DO NOT give me summaries of these articles, but keep the problems they raise in mind in choosing the articles you will summarize.
  • It is HIGHLY recommended that you choose one or more of the articles in the Fall 2013 Journal of Economic Perspectives with a lead article by Ben Bernanke, and other articles on economic policy. The ariticles of Bernanke, Gorton, Rotemberg, and Eichengreen are especially recommended as choices for your paper.
  • I would add to these two speeches by Ben Bernanke,