Part 1: Empirical and Historical Performance. 1. Business cycle fluctuations in U.S. macroeconomic time series (J.H. Stock, M.W. Watson). 2. Monetary policy shocks: what have we learned and to what end? (L.J. Christiano, M. Eichenbaum and C.L. Evans). 3. Monetary policy regimes and economic performance: the historical record (M.D. Bordo, A.J. Schwartz). 4. The new empirics of economic growth (S.N. Durlauf, D.T. Quah). Part 2: Methods of Dynamic Analysis. 5. Numerical solution of dynamic economic models (M.S. Santos). 6. Interdeterminacy and sunspots in macroeconomics (J. Benhabib, R.E.A. Farmer). 7. Learning dynamics (G.W. Evans, S. Honkapohja). 8. Micro data and general equilibrium models (M. Browning, L. Hansen, and J. Heckman). Part 3: Models of Economic Growth. 9. Neoclassical growth theory (R.M. Solow). 10. Explaining cross-country income differences (E.R. McGrattan, J.A. Schmitz, Jr.).