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Economics 210b: Topics in European Economic History (Graduate Course): Readings: Spring 2001

Meeting at Nefeli (on the south side of Euclid, half a block north of Hearst) at 3:45 on selected Wednesdays...

J. Bradford DeLong
delong@econ.berkeley.edu
http://www.j-bradford-delong.net/


I. The Great Depression in the US (January 31)

Christina Romer (1990): "The Great Crash and the Onset of the Great Depression," Quarterly Journal of Economics 105:3 (August), pp. 597-624..

Ben Bernanke (1995): "The Macroeconomics of the Great Depression: A Comparative Approach," Journal of Money, Credit and Banking 27:1 (February), pp. 1-28.

Albrecht Ritschl and Ulrich Woitek (2000): "Did Monetary Forces Cause the Great Depression? A Bayesian VAR Analysis for the U.S. Economy," Institute for Empirical Research in Economics, University of Zurich, Working Paper No. 50.

Peter Temin (1994): "The Great Depression."

Barry Eichengreen (1996): Globalizing Capital: A History of the International Monetary System (Princeton: Princeton University Press), pp. 45-92.


II. Reconstruction after WW II (February 14)

Barry Eichengreen and Marc Uzan (1992): "The Marshall Plan," Economic Policy 14, 4/92.

J. Bradford DeLong and Barry Eichengreen (1993): "The Marshall Plan: History’s Most Successful Structural Adjustment Program," in R. Dornbusch, R. Layard and W. Nolling (eds.): Postwar Economic Reconstruction and Lessons for the East Today.

Peter Hall, (ed.) (1988): The Political Power of Economic Ideas (London: George Phillip), pp. 3-128.

Alan Milward, The Reconstruction of Western Europe, 1945-51 (Berkeley: University of California Press, 1984), pp. 56-89, 462-502.

Barry Eichengreen, Globalizing Capital: A History of the International Monetary System (Princeton: Princeton University Press, 1996), pp. 93-135.


III. The Inflation of the 1970s (February 27)

J. Bradford DeLong (1997): "America’s Peacetime Inflation," in C. Romer and D. Romer (eds.), Reducing Inflation: Motivation and Strategy, Chicago/London 1997.

Lawrence J. Christiano and Christopher Gust (1999): "The Great Inflation of the 1970s."

Michael Bordo and Anna J. Schwartz (1999): "Monetary Policy Regimes and Economic Performance: The Historical Record," in John Taylor and Michael Woodford (eds.), Handbook of Macroeconomics, vo. 1A, , pp. 149-234.

Richard Clarida and Mark Gertler (1997): "How the Bundesbank Conducts Monetary Policy," in C. Romer and D. Romer (eds.), Reducing Inflation: Motivation and Strategy, Chicago/London 1997.

Barry Eichengreen (1996): Globalizing Capital: A History of the International Monetary System (Princeton: Princeton University Press), pp. 136-192.

Barry Eichengreen, "The Bretton Woods System: Paradise Lost? (1997)" in Barry Eichengreen and Marc Flandreau, eds., The Gold Standard in Theory and History 2nd ed. (Routledge: London, 1997), pp. 313-328.


IV. European Monetary Unification (March 28)

Martin Feldstein (1997): "The Political Economy of European Economic and Monetary Union: Political Sources of an Economic Liability," Journal of Economic Perspectives (Fall 1997), pp. 23-42.

Eichengreen, Barry Eichengreen and Jeffrey Frieden (eds.) (1998): Forging an Integrated Europe (Ann Arbor: University of Michigan Press).

Martin Feldstein (2000): "The European Central Bank and the Euro: The First Year."

Michael Bordo and Lars Jonung (1999): "The Future of EMU: What Does the History of Monetary Unions Tell Us?"


V. EMS Crisis and Others (April 4)

Maurice Obstfeld (1996): "Models of Currency Crisis with Self-Fulfilling Features", European Economic Review 40, 1037-1047.

Maurice Obstfeld (1994): "The Logic of Currency Crises", Cahiers Economiques et Monetaires 43, pp. 189-213.

Robert Gordon (1999): "The Aftermath of the 1992 ERM Breakup: Was There a Macroeconomic Free Lunch?," NBER Working Paper No. 6964.

Barry Eichengreen (2000): "The EMS Crisis in Retrospect."

Bradford DeLong, Christopher DeLong, and Sherman Robinson (1995): "In Defense of Mexico's Rescue", Foreign Affairs 75:3 (May/June 1996), pp. 8-14.

Philippe Aghion, Philippe Bacchetta, and Abhijit Banerjee (2000): "Currency Crises and Monetary Policy in an Economy with Credit Constraints" (Cambridge: MIT)


VI. German Unification (April 18)

Hans-Werner Sinn (2000): "Germany’s Economic Unification: An Assessment After Ten Years," NBER Working Paper No. 7586 (March 2000).

Richard Ericson, "The Classical Soviet-Type Economy", Journal of Economic Perspectives5:4 (1991), pp. 11-27.

Wolfgang Keller (2000): "From Socialist Showcase to Mezzogiorno? Lessons on the Role of Technical Change from East Germany's Post-World War II Growth Performance," Journal of Development Economics.

Jennifer Hunt (2000): "Why Do People Still Live in East Germany?"


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Barry Eichengreen (1996): Globalizing Capital: A History of the International Monetary System (Princeton: Princeton University Press), pp. 45-92.

Barry Eichengreen and Marc Uzan (1992): "The Marshall Plan," Economic Policy 14, 4/92.

Peter Hall, (ed.) (1988): The Political Power of Economic Ideas (London: George Phillip), pp. 3-128.

Alan Milward, The Reconstruction of Western Europe, 1945-51 (Berkeley: University of California Press, 1984), pp. 56-89, 462-502.

Barry Eichengreen, "The Bretton Woods System: Paradise Lost? (1997)" in Barry Eichengreen and Marc Flandreau, eds., The Gold Standard in Theory and History 2nd ed. (Routledge: London, 1997), pp. 313-328.

Eichengreen, Barry Eichengreen and Jeffrey Frieden (eds.) (1998): Forging an Integrated Europe (Ann Arbor: University of Michigan Press).


Professor of Economics J. Bradford DeLong, 601 Evans, #3880
University of California at Berkeley
Berkeley, CA 94720-3880
(510) 643-4027 phone (510) 642-6615 fax
delong@econ.berkeley.edu
http://www.j-bradford-delong.net/

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