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Macroeconomics -- Theory of Financial Markets

The following sources are recommended by a professor whose research specialty is financial markets.


 

Six Superlative Sources

· Barro, R.J. (1974), "Are Government Bonds Net Wealth?" Journal of Political Economy, November/December.

· Friedman, M. (1968), "The Role of Monetary Policy," American Economic Review, March.

· Lucas, R.E. (1973), "Some International Evidence on Output-Inflation Tradeoffs," American Economic Review, June.

· Laidler, D.E.W. (1993), The Demand for Money: Theories, Evidence and Problems. HarperCollins.

· Darrat, A.F. (1988), "Have Large Budget Deficits Caused Rising Trade Deficits?" Southern Economic Journal, April.

· Tobin, J. (1969), "A General Equilibrium Approach to Monetary Theory," Journal of Money, Credit, and Banking, February.

Other Excellent Sources

· Dwyer, G.P. (1982), "Inflation and Government Deficits," Economic Inquiry, July.

· Darrat, A.F., and J. Brocato (1994), "Stock Market Efficiency and the Federal Budget Deficit: Another Anomaly?" The Financial Review, February.

· Hoover, K.D. (1991), "The Causal Direction between Money and Prices," Journal of Monetary Economics, June.

· Evans, P. (1986), "Is The Dollar High Because of Large Budget Deficits?" Journal of Monetary Economics, November.

· Darrat, A.F., O.W. Gilley, and D.J. Meyer (1996), "U.S. Oil Consumption, Oil Prices and the Macroeconomy," Empirical Economics, no. 3.

· Solow, R. (1956), "A Contribution to the Theory of Economic Growth," Quarterly Journal of Economics, February.

· Mayer, T., ed. (1978), The Structure of Monetarism. Norton.

· Darrat, A.F. (1988), "The Islamic Interest-Free Banking System: Some Empirical Evidence," Applied Economics, March.

· Fama, E.F. (1070), "Efficient Capital Markets: A Review of Theory and Empirical Work," Journal of Finance, May.

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