1.研讨论文
Optimal Monetary and Fiscal Policy in A Currency Union (Journal of International Economics. Galí and Monacelli. 2008)
2.主讲人
王忏（金融学院副教授）
3.上期回顾
We reviewed the literature on the coordination between fiscal and monetary policy. We studied the model setup where there is a continuum of countries. The household in each country consumes a bundle composed of home and foreign goods; the foreign basket is a composite of the differentiated goods from all countries. Each country-specific good is produced with a continuum of country-specific intermediate goods. We derived the optimality conditions for the utility maximization problem.
4.本期预告
We will continue to characterize the equilibrium, which consists of international risk sharing, firms' profit maximization, and government purchases. We will then discuss the equilibrium dynamics using the aggregated, linearized model.
5.时间
8月17日18:30-21:30
6.地点
学术会堂712
7.主持人/点评老师
王忏 明洋
8.活动对象
创新发展学院、金融学院学生
9.人数规模
30人
10.主办单位
创新发展学院中国经济与管理研究院、金融学院联合主办
