@ = material available online
Books
Gali, J. Monetary Policy, Inflation, and the Business Cycle: An Introduction to the New Keynesian Framework and Its Applications, 2015. Princeton: Princeton University Press. ISBN: 9780691164786
Articles
@ Bernanke, B. S. and Gertler, M. Inside the black box: The credit channel of monetary policy transmission, 1995. Journal of Economic Perspectives, 9(4), 27-48. DOI: 10.1257/jep.9.4.27
@ Clarida, R., Galí, J., and Gertler, M. The Science of Monetary Policy: A New Keynesian Perspective, 1999. Journal of Economic Literature, 37, 1661-1707. DOI: 10.1257/jel.37.4.1661
@ Clarida, R., Gali, J., and Gertler, M. Monetary policy rules and macroeconomic stability: evidence and some theory, 2000. Quarterly Journal of Economics, 115(1), 147-180. DOI: 10.1162/003355300554692
@ Woodford, M. Methods of policy accommodation at the interest-rate lower bound, 2012. The Changing Policy Landscape, 185-288.
@ Norges Bank Monetary Policy Report 1/2019
@ Norges Bank Watch 2019
Supplementary reading (not obligatory)
@ Woodford, M. Commentary: How should monetary policy be conducted in an era of price stability?, 1999. New challenges for monetary policy, 277316.
@ Bernanke, B. S., Gertler, M., and Gilchrist, S. The financial accelerator in a quantitative business cycle framework, 1999. Handbook of macroeconomics, 1, 1341-1393. DOI: 10.1016/S1574-0048(99)10034-X
@ Eggertsson, G. B., and Woodford, M. Zero bound on interest rates and optimal monetary policy, 2003. Brookings papers on economic activity, 2003(1), 139-233. DOI: 10.1353/eca.2003.0010
@ Romer, C. D., and Romer D. H. A New Measure of Monetary Shocks: Derivation and Implications, 2004. American Economic Review, 94(4): 1055-1084. DOI: 10.1257/0002828042002651
@ Eggertsson, G. B., and Krugman, P. Debt, deleveraging, and the liquidity trap: A Fisher-Minsky-Koo approach, 2012. The Quarterly Journal of Economics, 127(3), 1469-1513. DOI: 10.1093/qje/qjs023
@ McKay, A., Nakamura, E., and Steinsson, J. The power of forward guidance revisited, 2016. American Economic Review, 106(10), 3133-3158. DOI: 10.1257/aer.20150063
@ Eggertsson, G. B., Getz Wold, E., and Juelsrud, R. E. Are Negative Nominal Interest Rates Expansionary?, 2017. NBER Working Paper No. 24039. DOI: 10.3386/w24039
@ Introduction in the CEPR ebook on Forward Guidance (2013)
@ Introduction in the CEPR ebook on Secular Stagnation (2014)
@ Introduction in the CEPR ebook on Quantitative Easing (2016)