Professor Mark Weder

Teaching Interests

Macroeconomics

Research Interests

Macroeconomic theory: business cycles, monetary policy, 20th century economic history.

Publications

“Technological Change and the Roaring Twenties: A Neoclassical Perspective”, with Sharon G. Harrison, Journal of Macroeconomics 41 (2009), 363-375

 

“Indeterminacy and Sticky Prices”, Journal of Money, Credit and Banking 40 (2008), 1073-1082.

 

"Money Growth Rules as Stabilization Policies in Open Economies", International Economic Journal 22 (2008), 525-537.

 

”Hours and Effort Variation in Sunspot-based Business Cycle Theory”, Economics Bulletin 5 (2008), 1-12.

 

“Did Sunspot Forces Cause the Great Depression?”, with Sharon G. Harrison, Journal of Monetary Economics 53 (2006), 1327-1339.

 

“The Role of Preference Shocks and Capital Utilization in the Great Depression”, International Economic Review 47 (2006), 1247-1268.

 

“A Heliocentric Journey Into Germany’s Great Depression”, Oxford Economic Papers 58 (2006), 288-316.

 

“Interest Rate Rules and Macroeconomic Stabilization“, Recherches Economiques de Louvain 72 (2006), 195-204.

 

“Some Observations on the Great Depression in Germany”, German Economic Review 7 (2006), 113-133.

 

“Taylor Rules and Macroeconomic Instability or How the Central Bank Can Pre-empt Sunspot Expectations”, Journal of Money, Credit and Banking 38 (2006), 655-678.

 

“Indeterminacy Revisited: Variable Capital Utilization and Returns to Scale”, Finnish Economic Papers 18 (2005), 49-56.

 

“Near-Rational Expectations in Animal Spirits Models of Aggregate Fluctuations”, Economic Modelling 21 (2004), 249-265.

 

”Endogenous Monetary Growth Rules and Determinacy in Cash-in-Advance Models”, Economics Bulletin 5 (2004), 1-7.

 

“A Note on Conspicuous Leisure, Animal Sprits and Endogenous Cycles”, Portuguese Economic Journal 3 (2004), 1-13.

 

“On the Plausibility of Sunspot Equilibria”, Research in Economics 57 (2003), 65-81.

 

“Tracing Externalities as Sources of Indeterminacy”, with Sharon G. Harrison, Journal of Economic Dynamics and Control 26 (2002), 851-867.

 

“Complementarity of Labor Market Institutions, Equilibrium Unemployment and the Persistence of Business Cycles”, with Michael C. Burda, German Economic Review 3 (2002), 1-24.

 

“On Forecasting Heterogeneity, Irrational Exuberance and the Multiplicity of Rational Expectations”, Journal of Economics 76 (2002), 201-215.

 

“Indeterminacy in a Small Open Economy Ramsey Growth Model”, Journal of Economic Theory 98 (2001), 339-356.

 

“Aggregate and Sector-Specific Externalities in a Model of Indeterminacy”, with Sharon G. Harrison,

Economics Letters 69 (2000), 173-179.

 

“Consumption Externalities, Production Externalities and Indeterminacy“, Metroeconomica 51 (2000), 435-453.

 

“Can Habit Formation Solve the Consumption Anomaly in the Two Sector Business Cycle Model?”, Journal of Macroeconomics 22 (2000), 433-444.

 

 “Animal Spirits, Technology Shocks and the Business Cycle”, Journal of Economic Dynamics and Control 24 (2000), 273-295.

 

“Self-fulfilling Prophecies, Demand Composition Effects and Economic Fluctuations”, Zeitschrift für Wirtschafts- und Sozialwissenschaften 119 (1999), 509-529.

 

“The Macroeconomics of Indeterminacy: Some (technical) notes on an equilibrium interpretation of Keynes”, Konjunkturpolitik 45 (Proceedings of New Keynesian Approaches for Business Cycle Research) (1999), 137-152.

 

“Fickle Consumers, Durable Goods and Business Cycles”, Journal of Economic Theory 81 (1998), 37-57.

Entry last updated: Thursday, 4 Feb 2010