Details about Brent Bundick

Access statistics for papers by Brent Bundick.

Last updated 2024-03-07. Update your information in the RePEc Author Service.

Short-id: pbu286

Working Papers

2024

1. Maintaining the Anchor: An Evaluation of Inflation Targeting in the Face of COVID-19
   Research Working Paper, Federal Reserve Bank of Kansas City

2023

2. How Optimal Was U.S. Monetary Policy at the Zero Lower Bound?
   Research Working Paper, Federal Reserve Bank of Kansas City

2022

3. The Term Structure of Monetary Policy Uncertainty
   Research Working Paper, Federal Reserve Bank of Kansas City
   See also Journal Article The Term Structure of Monetary Policy Uncertainty, Journal of Economic Dynamics and Control, Elsevier (2024) View citations (1) (2024)

2021

4. From Deviations to Shortfalls: The Effects of the FOMC's New Employment Objective
   Working Paper Series, Federal Reserve Bank of San Francisco View citations (1)
   Also in Research Working Paper, Federal Reserve Bank of Kansas City (2021) View citations (1)

2020

5. Did the Federal Reserve Break the Phillips Curve? Theory and Evidence of Anchoring Inflation Expectations
   Research Working Paper, Federal Reserve Bank of Kansas City View citations (6)
6. Should We Be Puzzled by Forward Guidance?
   Research Working Paper, Federal Reserve Bank of Kansas City View citations (5)

2018

7. Does Communicating a Numerical Inflation Target Anchor Inflation Expectations? Evidence & Bond Market Implications
   Research Working Paper, Federal Reserve Bank of Kansas City View citations (16)
8. Uncertainty Shocks in a Model of Effective Demand: Reply
   Research Working Paper, Federal Reserve Bank of Kansas City View citations (5)
   See also Journal Article Uncertainty Shocks in a Model of Effective Demand: Reply, Econometrica, Econometric Society (2018) View citations (7) (2018)

2017

9. Forward Guidance, Monetary Policy Uncertainty, and the Term Premium
   Research Working Paper, Federal Reserve Bank of Kansas City View citations (43)

2016

10. The dynamic effects of forward guidance shocks
    Research Working Paper, Federal Reserve Bank of Kansas City View citations (30)
    See also Journal Article The Dynamic Effects of Forward Guidance Shocks, The Review of Economics and Statistics, MIT Press (2020) View citations (15) (2020)

2015

11. Endogenous Volatility at the Zero Lower Bound: Implications for Stabilization Policy
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (33)
    Also in Research Working Paper, Federal Reserve Bank of Kansas City (2015) View citations (30)
12. Uncertainty Shocks in a Model of Effective Demand
    Boston College Working Papers in Economics, Boston College Department of Economics View citations (112)
    Also in Working Papers, Federal Reserve Bank of Boston (2012) View citations (126)
    NBER Working Papers, National Bureau of Economic Research, Inc (2012) View citations (184)
    Research Working Paper, Federal Reserve Bank of Kansas City (2014) View citations (10)
    See also Journal Article Uncertainty Shocks in a Model of Effective Demand, Econometrica, Econometric Society (2017) View citations (477) (2017)

2007

13. Do federal funds futures need adjustment for excess returns? a state-dependent approach
    Research Working Paper, Federal Reserve Bank of Kansas City View citations (2)

Journal Articles

2024

1. Despite High Inflation, Longer-Term Inflation Expectations Remain Well Anchored
   Economic Bulletin, 2024, 4
2. How Do Financial Markets Perceive the Balance of Risks to the Policy Rate?
   Economic Bulletin, 2024, 4
3. Introducing the Kansas City Fed's Measure of Policy Rate Uncertainty (KC PRU)
   Economic Review, 2024, 16
4. The Term Structure of Monetary Policy Uncertainty
   Journal of Economic Dynamics and Control, 2024, 160, (C) View citations (1)
   See also Working Paper The Term Structure of Monetary Policy Uncertainty, Research Working Paper (2022) (2022)

2023

5. A Tight Labor Market Could Keep Rent Inflation Elevated
   Economic Bulletin, 2023, (March 1st, 2023), 4

2022

6. Evaluating Quantitative Easing: The Importance of Accounting for Forward Guidance
   Economic Review, 2022, 107, (no.3), 16

2021

7. Did the Federal Reserve Anchor Inflation Expectations Too Low?
   Economic Review, 2021, 106, (no.1), 5-23

2020

8. Policymakers Have Options for Additional Accommodation: Forward Guidance and Yield Curve Control
   Economic Bulletin, 2020, 5
9. The Dynamic Effects of Forward Guidance Shocks
   The Review of Economics and Statistics, 2020, 102, (5), 946-965 View citations (15)
   See also Working Paper The dynamic effects of forward guidance shocks, Research Working Paper (2016) View citations (30) (2016)

2019

10. The Persistent Effects of the Temporary Tightening in Financial Conditions
    Economic Bulletin, 2019, (April 17, 2019), 4
11. The Rise and Fall of College Tuition Inflation
    Economic Review, 2019, (Q I), 57-75

2018

12. Did Communicating a Numerical Inflation Target Anchor U.S. Inflation Expectations?
    Macro Bulletin, 2018, 1-4 View citations (2)
13. Uncertainty Shocks in a Model of Effective Demand: Reply
    Econometrica, 2018, 86, (4), 1527-1531 View citations (7)
    See also Working Paper Uncertainty Shocks in a Model of Effective Demand: Reply, Research Working Paper (2018) View citations (5) (2018)

2017

14. Does the Recent Decline in Household Longer-Term Inflation Expectations Signal a Loss of Confidence in the FOMC?
    Macro Bulletin, 2017, 1-5
15. How Do FOMC Projections Affect Policy Uncertainty?
    Economic Review, 2017, (Q II), 5-22 View citations (11)
16. Uncertainty Shocks in a Model of Effective Demand
    Econometrica, 2017, 85, 937-958 View citations (477)
    See also Working Paper Uncertainty Shocks in a Model of Effective Demand, Boston College Working Papers in Economics (2015) View citations (112) (2015)

2015

17. Are longer-term inflation expectations stable?
    Macro Bulletin, 2015, 1-3 View citations (3)
18. Estimating the Monetary Policy Rule Perceived by Forecasters
    Economic Review, 2015, (Q IV), 33-49 View citations (5)
    Also in Macro Bulletin, 2015, 1-3 (2015) View citations (5)

2008

19. Maintaining stability in a changing financial system: an introduction to the Bank's 2008 Economic Symposium
    Proceedings - Economic Policy Symposium - Jackson Hole, 2008, xxi-xxxii

2007

20. Housing, housing finance, and monetary policy: an introduction to the Bank's 2007 Economic Symposium
    Proceedings - Economic Policy Symposium - Jackson Hole, 2007, xxi-xxviii