Details about Andrew T. Foerster

Homepage:	https://sites.google.com/site/atfoerster/
Postal address:	Research Department Federal Reserve Bank of San Francisco 101 Market St San Francisco, CA 94105
Workplace:	Federal Reserve Bank of San Francisco, (more information at EDIRC)

Access statistics for papers by Andrew T. Foerster.

Last updated 2023-03-10. Update your information in the RePEc Author Service.

Short-id: pfo181

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Working Papers

2019

Sectoral and Aggregate Structural Change
2019 Meeting Papers, Society for Economic Dynamics

2018

Uncertainty and Fiscal Cliffs
Working Paper Series, Federal Reserve Bank of San Francisco
Also in 2014 Meeting Papers, Society for Economic Dynamics (2014) View citations (10)
Research Working Paper, Federal Reserve Bank of Kansas City (2014) View citations (14)
2015 Meeting Papers, Society for Economic Dynamics (2015) View citations (4)
See also Journal Article Uncertainty and Fiscal Cliffs, Journal of Money, Credit and Banking, Blackwell Publishing (2019) View citations (7) (2019)

2014

Perturbation Methods for Markov-Switching DSGE Models
NBER Working Papers, National Bureau of Economic Research, Inc View citations (20)
Also in Research Working Paper, Federal Reserve Bank of Kansas City (2013) View citations (24)
CEPR Discussion Papers, C.E.P.R. Discussion Papers (2013) View citations (20)
Working Papers, FEDEA (2013) View citations (36)
2010 Meeting Papers, Society for Economic Dynamics (2010) View citations (8)
FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2013) View citations (14)
FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2014) View citations (34)
See also Journal Article Perturbation methods for Markov‐switching dynamic stochastic general equilibrium models, Quantitative Economics, Econometric Society (2016) View citations (42) (2016)
Search with wage posting under sticky prices
Research Working Paper, Federal Reserve Bank of Kansas City View citations (2)
See also Journal Article Search with Wage Posting under Sticky Prices, Journal of Money, Credit and Banking, Blackwell Publishing (2022) (2022)

2013

Monetary Policy Regime Switches and Macroeconomic Dynamics
2013 Meeting Papers, Society for Economic Dynamics View citations (7)
Also in Research Working Paper, Federal Reserve Bank of Kansas City (2013) View citations (14)
See also Journal Article MONETARY POLICY REGIME SWITCHES AND MACROECONOMIC DYNAMICS*, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (2016) View citations (4) (2016)

2011

Estimating VAR's sampled at mixed or irregular spaced frequencies: a Bayesian approach
Research Working Paper, Federal Reserve Bank of Kansas City View citations (31)
See also Journal Article Bayesian Mixed Frequency VARs, Journal of Financial Econometrics, Oxford University Press (2015) View citations (60) (2015)
Financial crises, unconventional monetary policy exit strategies, and agents' expectations
Research Working Paper, Federal Reserve Bank of Kansas City View citations (5)
See also Journal Article Financial crises, unconventional monetary policy exit strategies, and agents׳ expectations, Journal of Monetary Economics, Elsevier (2015) View citations (18) (2015)

2008

Aggregate Shocks and the Variability of Industrial Production
2008 Meeting Papers, Society for Economic Dynamics
Also in Working Paper, Federal Reserve Bank of Richmond (2008) View citations (56)
NBER Working Papers, National Bureau of Economic Research, Inc (2008) View citations (22)
See also Journal Article Sectoral versus Aggregate Shocks: A Structural Factor Analysis of Industrial Production, Journal of Political Economy, University of Chicago Press (2011) View citations (355) (2011)

Journal Articles

2025

Estimating macroeconomic models of financial crises: An endogenous regime‐switching approach
Quantitative Economics, 2025, 16, (1), 1-47
See also Working Paper Estimating Macroeconomic Models of Financial Crises: An Endogenous Regime-Switching Approach, CEPR Discussion Papers (2020) View citations (23) (2020)

2024

Anatomy of the Post-Pandemic Monetary Tightening Cycle
FRBSF Economic Letter, 2024, 2024, (16), 5

2023

Communicating Monetary Policy Rules
European Economic Review, 2023, 151, (C) View citations (1)
See also Working Paper Communicating Monetary Policy Rules, Working Paper Series (2021) (2021)
Evaluating Monetary Policy with Inflation Bands and Horizons
FRBSF Economic Letter, 2023, 2023, (05), 6
The Evolution of Disagreement in the Dot Plot
FRBSF Economic Letter, 2023, 2023, (21), 6

2022

Aggregate Implications of Changing Sectoral Trends
Journal of Political Economy, 2022, 130, (12), 3286 - 3333 View citations (18)
See also Working Paper Aggregate Implications of Changing Sectoral Trends, Working Paper Series (2022) View citations (8) (2022)
Have Lags in Monetary Policy Transmission Shortened?
Economic Bulletin, 2022, (December 21, 2022), 3 View citations (1)
LEARNING ABOUT REGIME CHANGE
International Economic Review, 2022, 63, (4), 1829-1859
See also Working Paper Learning about Regime Change, Working Paper Series (2020) View citations (4) (2020)
Monetary Policy Stance Is Tighter than Federal Funds Rate
FRBSF Economic Letter, 2022, 2022, (30), 5 View citations (7)
Search with Wage Posting under Sticky Prices
Journal of Money, Credit and Banking, 2022, 54, (2-3), 599-626
See also Working Paper Search with wage posting under sticky prices, Research Working Paper (2014) View citations (2) (2014)

2021

Anatomy of a Pandemic Recovery Across Sectors and Regions
Richmond Fed Economic Brief, 2021, 21, (40)
Employment Effects of COVID-19 across States, Sectors
FRBSF Economic Letter, 2021, 2021, (32), 05 View citations (1)
Optimal Monetary Policy Regime Switches
Review of Economic Dynamics, 2021, 42, 333-346 View citations (1)
See also Software Item Code and data files for "Optimal Monetary Policy Regime Switches", Computer Codes (2020) (2020)
Working Paper Online Appendix to "Optimal Monetary Policy Regime Switches", Online Appendices (2020) (2020)

2020

Permanent and Transitory Effects of the 2008–09 Recession
FRBSF Economic Letter, 2020, 2020, (36), 01-05
Sudden Stops and COVID-19: Lessons from Mexico’s History
FRBSF Economic Letter, 2020, 2020, (33), 01-05
The Effects of Permanent and Transitory Shocks under Imperfect Information
Economic Quarterly, 2020, (2Q), 41-59
The Highs and Lows of Productivity Growth
FRBSF Economic Letter, 2020, 2020, (21), 5

2019

How Have Changing Sectoral Trends Affected GDP Growth?
FRBSF Economic Letter, 2019 View citations (1)
Uncertainty and Fiscal Cliffs
Journal of Money, Credit and Banking, 2019, 51, (7), 1857-1887 View citations (7)
See also Working Paper Uncertainty and Fiscal Cliffs, Working Paper Series (2018) (2018)
Why Is the Fed’s Balance Sheet Still So Big?
FRBSF Economic Letter, 2019

2018

Idiosyncratic Sectoral Growth, Balanced Growth, and Sectoral Linkages
Economic Quarterly, 2018, (2Q), 79-101 View citations (1)

2017

Characterizing the 2014–16 Slowdown in Investment
Macro Bulletin, 2017, 1-4
The Changing Input-Output Network Structure of the U.S. Economy
Economic Review, 2017, (Q II), 23-49 View citations (4)

2016

Consumption Growth Regimes and the Post-Financial Crisis Recovery
Economic Review, 2016, (Q II), 25-48 View citations (5)
MONETARY POLICY REGIME SWITCHES AND MACROECONOMIC DYNAMICS*
International Economic Review, 2016, 57, (1), 211-230 View citations (4)
See also Working Paper Monetary Policy Regime Switches and Macroeconomic Dynamics, 2013 Meeting Papers (2013) View citations (7) (2013)
Perturbation methods for Markov‐switching dynamic stochastic general equilibrium models
Quantitative Economics, 2016, 7, (2), 637-669 View citations (42)
See also Working Paper Perturbation Methods for Markov-Switching DSGE Models, NBER Working Papers (2014) View citations (20) (2014)

2015

Bayesian Mixed Frequency VARs
Journal of Financial Econometrics, 2015, 13, (3), 698-721 View citations (60)
See also Working Paper Estimating VAR's sampled at mixed or irregular spaced frequencies: a Bayesian approach, Research Working Paper (2011) View citations (31) (2011)
Financial crises, unconventional monetary policy exit strategies, and agents׳ expectations
Journal of Monetary Economics, 2015, 76, (C), 191-207 View citations (18)
See also Working Paper Financial crises, unconventional monetary policy exit strategies, and agents' expectations, Research Working Paper (2011) View citations (5) (2011)

2014

The asymmetric effects of uncertainty
Economic Review, 2014, (Q III), 5-26 View citations (39)
The asymmetric effects of uncertainty on employment
Macro Bulletin, 2014, 1-2 View citations (23)

2013

Expectations of large-scale asset purchases
Economic Review, 2013, (Q II), 5-29 View citations (11)

2011

Sectoral versus Aggregate Shocks: A Structural Factor Analysis of Industrial Production
Journal of Political Economy, 2011, 119, (1), 1 - 38 View citations (355)
See also Working Paper Aggregate Shocks and the Variability of Industrial Production, 2008 Meeting Papers (2008) (2008)

2006

Are we working too hard or should we be working harder? A simple model of career concerns
Economic Quarterly, 2006, 92, (Win), 79-91 View citations (2)

Chapters

2020

COVID-19: A double whammy of financial and economic sudden stops for emerging economies
Chapter 1 in COVID-19 in Developing Economies, 2020, vol. 1, pp 329-341

Software Items

2020

Code and data files for "Optimal Monetary Policy Regime Switches"
Computer Codes, Review of Economic Dynamics
See also Journal Article Optimal Monetary Policy Regime Switches, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2021) View citations (1) (2021)