EconPapers    
Economics at your fingertips  
 

Details about Andrew Theo Levin

E-mail:
Homepage:http://www.federalreserve.gov
Phone:202-623-9648
Postal address:Research Fellow, Research Department International Monetary Fund 700 19th Street NW Washington, D.C. 20431
Workplace:Research Department, International Monetary Fund (IMF), (more information at EDIRC)

Access statistics for papers by Andrew Theo Levin.

Last updated 2014-10-03. Update your information in the RePEc Author Service.

Short-id: ple143


Jump to Journal Articles Chapters Software Items

Working Papers

2014

  1. Cyclical changes in firm volatility
    DNB Working Papers, Netherlands Central Bank, Research Department Downloads
    Also in Reserve Bank of New Zealand Discussion Paper Series, Reserve Bank of New Zealand (2011) Downloads View citations (4)
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2011) Downloads View citations (5)

2013

  1. Labor Force Participation and Monetary Policy in the Wake of the Great Recession
    CEPR Discussion Papers, C.E.P.R. Discussion Papers Downloads View citations (12)
    Also in IMF Working Papers, International Monetary Fund (2013) Downloads View citations (4)
    UTokyo Price Project Working Paper Series, University of Tokyo, Graduate School of Economics (2013) Downloads View citations (2)

2012

  1. When Did Firms Become More Different? Time-Varying Firm-Specific Volatility in Japan
    DNB Working Papers, Netherlands Central Bank, Research Department Downloads
    Also in CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2012) Downloads

    See also Journal Article in Journal of the Japanese and International Economies (2012)

2011

  1. Reconsidering the Microeconomic Foundations of Price-Setting Behavior
    2011 Meeting Papers, Society for Economic Dynamics Downloads
    Also in 2009 Meeting Papers, Society for Economic Dynamics (2009) Downloads View citations (1)

2010

  1. Falling Behind the Curve: A Positive Analysis of Stop-Start Monetary Policies and the Great Inflation
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (3)

2009

  1. Evidence from surveys of price-setting managers: Policy lessons and directions for ongoing research
    Working Papers, Banco de Portugal, Economics and Research Department Downloads View citations (1)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2007) Downloads View citations (4)
  2. Limitations on the Effectiveness of Forward Guidance at the Zero Lower Bound
    CEPR Discussion Papers, C.E.P.R. Discussion Papers Downloads View citations (2)
    See also Journal Article in International Journal of Central Banking (2010)
  3. Measuring Changes in Firm-Level Volatility: An Application to Japan
    Reserve Bank of New Zealand Discussion Paper Series, Reserve Bank of New Zealand Downloads View citations (3)

2008

  1. Are long-run inflation expectations anchored more firmly in the Euro area than in the United States?
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) Downloads View citations (5)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2007) Downloads View citations (34)

    See also Journal Article in American Economic Journal: Macroeconomics (2011)
  2. Macroeconometric equivalence, microeconomic dissonance, and the design of monetary policy
    Working Papers, Federal Reserve Bank of St. Louis Downloads View citations (12)
    See also Journal Article in Journal of Monetary Economics (2008)

2007

  1. Diagnosing and treating bifurcations in perturbation analysis of dynamic macro models
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) Downloads
  2. Financial market perceptions of recession risk
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) Downloads View citations (12)
  3. Macroeconomic Volatility, Learning, and the Term Structure of Interest Rates
    2007 Meeting Papers, Society for Economic Dynamics
  4. Strategic Complementarities and Optimal Monetary Policy
    Kiel Working Papers, Kiel Institute for the World Economy Downloads View citations (11)
    Also in 2007 Meeting Papers, Society for Economic Dynamics (2007) Downloads View citations (7)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2007) Downloads View citations (9)
  5. Three Great American Disinflations
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (5)
    Also in CFS Working Paper Series, Center for Financial Studies (CFS) (2006) Downloads
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (2007) Downloads View citations (4)

    See also Journal Article in Proceedings (2007)

2006

  1. Does Inflation Targeting Anchor Long-Run Inflation Expectations? Evidence from Long-Term Bond Yields in the US, UK and Sweden
    CEPR Discussion Papers, C.E.P.R. Discussion Papers Downloads View citations (29)
    Also in Working Paper Series, Federal Reserve Bank of San Francisco (2006) Downloads View citations (70)
  2. Higher-order perturbation solutions to dynamic, discrete-time rational expectations models
    Working Paper Series, Federal Reserve Bank of San Francisco Downloads View citations (32)
  3. Inflation Targeting and the Anchoring of Inflation Expectations in The Western Hemisphere
    Working Papers Central Bank of Chile, Central Bank of Chile Downloads View citations (11)
    See also Chapter (2007)
    Journal Article in Economic Review (2007)
  4. Relative Price Distortion and Optimal Monetary Policy in Open Economies
    Computing in Economics and Finance 2006, Society for Computational Economics Downloads View citations (1)

2005

  1. Conditional Welfare Comparisons of Monetary Policy Rules
    Computing in Economics and Finance 2005, Society for Computational Economics View citations (1)
    Also in Econometric Society 2004 Far Eastern Meetings, Econometric Society (2004) View citations (3)
    Computing in Economics and Finance 2004, Society for Computational Economics (2004) View citations (3)
  2. Corporate Leverage and Financial Fragility in General Equilibrium
    Computing in Economics and Finance 2005, Society for Computational Economics
  3. Higher-Order Perturbation Solutions to Dynamic, Discrete-Time Rational Expectations Models: Methods and an Application to Optimal Monetary Policy
    Computing in Economics and Finance 2005, Society for Computational Economics
  4. Identifying the Influences of Nominal and Real Rigidities in Aggregate Price-Setting Behavior
    Computing in Economics and Finance 2005, Society for Computational Economics View citations (7)
    Also in Working Paper Series, European Central Bank (2004) Downloads View citations (16)

    See also Journal Article in Journal of Monetary Economics (2007)
  5. Inflation persistence and monetary policy design: an overview
    Working Paper Series, European Central Bank Downloads View citations (16)
  6. Monetary Policy Under Uncertainty in Micro-Founded Macroeconometric Models
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (127)
    Also in Computing in Economics and Finance 2005, Society for Computational Economics (2005) View citations (101)
    Working Paper Series, Federal Reserve Bank of San Francisco (2005) Downloads View citations (38)

    See also Chapter (2006)
  7. New Evidence on Inflation Persistence and Price Stickiness in the Euro Area: Implications for Macro Modelling
    Working Papers, Barcelona Graduate School of Economics Downloads View citations (4)
    Also in Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (2005) Downloads View citations (39)

    See also Journal Article in Journal of the European Economic Association (2006)
  8. The Determinants of Market Frictions in the Corporate Market
    Computing in Economics and Finance 2005, Society for Computational Economics View citations (2)
  9. The Magnitude and Cyclical Behavior of Financial Market Frictions
    2005 Meeting Papers, Society for Economic Dynamics
    Also in Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2004) Downloads View citations (43)
    Computing in Economics and Finance 2004, Society for Computational Economics (2004) Downloads View citations (24)

2004

  1. Evaluating the Magnitude of Financial Market Frictions: Evidence from Firm-Level Data
    Econometric Society 2004 North American Summer Meetings, Econometric Society
  2. Explicit inflation objectives and macroeconomic outcomes
    Working Paper Series, European Central Bank Downloads View citations (20)
  3. Higher-Order Solutions to Dynamic, Discrete-Time Rational Expectations Models: Methods and an Application to Optimal Monetary Policy
    Econometric Society 2004 North American Winter Meetings, Econometric Society
    Also in Computing in Economics and Finance 2003, Society for Computational Economics (2003) View citations (1)
  4. Is inflation persistence intrinsic in industrial economies?
    Working Paper Series, European Central Bank Downloads View citations (60)
    Also in Working Papers, Federal Reserve Bank of St. Louis (2003) Downloads View citations (83)
    Computing in Economics and Finance 2003, Society for Computational Economics (2003) View citations (17)
  5. Optimal Monetary Policy in an Imperfect World
    Computing in Economics and Finance 2004, Society for Computational Economics View citations (1)
  6. Optimal Monetary Policy with Endogenous Capital Accumulation
    2004 Meeting Papers, Society for Economic Dynamics View citations (16)

2003

  1. Data Uncertainty and the Role of Money as an Information Variable for Monetary Policy
    CEPR Discussion Papers, C.E.P.R. Discussion Papers Downloads View citations (5)
    Also in Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2001) Downloads View citations (25)
    Working Paper Series, European Central Bank (2001) Downloads View citations (50)
    CFS Working Paper Series, Center for Financial Studies (CFS) (2003) Downloads View citations (4)

    See also Journal Article in European Economic Review (2005)
  2. Monetary Policy Implications of Endogenous Capital Accumulation
    Computing in Economics and Finance 2003, Society for Computational Economics
  3. Parameter Uncertainty and the Central Bank's Objective Function
    Computing in Economics and Finance 2003, Society for Computational Economics View citations (15)
  4. Robust Monetary Policy with Competing Reference Models
    Computing in Economics and Finance 2003, Society for Computational Economics View citations (72)
    Also in Working Paper Series, Federal Reserve Bank of San Francisco (2003) Downloads View citations (57)

    See also Journal Article in Journal of Monetary Economics (2003)
  5. The Non-Linearity of the Financial Accelerator
    Computing in Economics and Finance 2003, Society for Computational Economics View citations (1)
  6. The performance of forecast-based monetary policy rules under model uncertainty
    CFS Working Paper Series, Center for Financial Studies (CFS) Downloads View citations (110)
    Also in Econometric Society World Congress 2000 Contributed Papers, Econometric Society (2000) Downloads View citations (3)
    Working Paper Series, European Central Bank (2001) Downloads View citations (26)
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2001) Downloads View citations (18)
    Computing in Economics and Finance 2000, Society for Computational Economics (2000) View citations (4)

    See also Journal Article in American Economic Review (2003)

2002

  1. Is Inflation Persistence Inherent in Industrial Economies?
    Computing in Economics and Finance 2002, Society for Computational Economics
  2. Optimal Monetary Policy with Durable and Non-Durable Goods
    Computing in Economics and Finance 2002, Society for Computational Economics View citations (16)
    Also in International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (2002) Downloads View citations (33)
    Working Paper Series, European Central Bank (2002) Downloads View citations (19)
  3. Recent U.S. macroeconomic stability: good policies, good practices or good luck?
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) Downloads
    See also Journal Article in The Review of Economics and Statistics (2004)

2001

  1. Evaluating Information Variables for Monetary Policy in a Noisy Economic Environment
    Computing in Economics and Finance 2001, Society for Computational Economics View citations (3)
  2. Imperfect Credibility and Inflation Persistence
    Computing in Economics and Finance 2001, Society for Computational Economics View citations (75)
    Also in Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2001) Downloads View citations (52)

    See also Journal Article in Journal of Monetary Economics (2003)
  3. Patience, Persistence, and Welfare Costs of Incomplete Markets in Open Economies
    Computing in Economics and Finance 2001, Society for Computational Economics View citations (3)
    Also in International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (2001) Downloads View citations (2)

    See also Journal Article in Journal of International Economics (2003)
  4. The Effects of Dollarization on Macroeconomic Stability
    Computing in Economics and Finance 2001, Society for Computational Economics View citations (2)

2000

  1. Patience, Persistence and Properties of Two-Country Incomplete Market Models
    Econometric Society World Congress 2000 Contributed Papers, Econometric Society Downloads View citations (3)
  2. Robust Covariance Matrix Estimation with Data-Dependent VAR Prewhitening Order
    NBER Technical Working Papers, National Bureau of Economic Research, Inc Downloads View citations (8)
    Also in University of California at San Diego, Economics Working Paper Series, Department of Economics, UC San Diego (2000) Downloads View citations (9)

1999

  1. Inaccuracy of Loglinearization in Welfare Calculations: Complete vs. Incomplete Market Economies
    Computing in Economics and Finance 1999, Society for Computational Economics
  2. Optimal Monetary Policy with Staggered Wage and Price Contracts
    Computing in Economics and Finance 1999, Society for Computational Economics Downloads View citations (76)
    Also in International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (1999) Downloads View citations (32)

    See also Journal Article in Journal of Monetary Economics (2000)
  3. The Performance of Forward-Looking Monetary Policy Rules under Model Uncertainty
    Computing in Economics and Finance 1999, Society for Computational Economics View citations (3)

1998

  1. Macroeconomic implications of competitive college admissions
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) Downloads View citations (1)
  2. Robustness of Simple Monetary Policy Rules under Model Uncertainty
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (106)
    Also in Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (1998) Downloads View citations (190)

    See also Chapter (1999)
  3. Tradeoffs Between Inflation and Output-Gap Variances in an Optimizing-Agent Model
    Working Papers, Stockholm - International Economic Studies View citations (7)
    Also in Seminar Papers, Stockholm University, Institute for International Economic Studies (1998) Downloads View citations (1)
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (1998) Downloads View citations (4)
  4. What determines public support for affirmative action?
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) Downloads
    See also Journal Article in Southern Economic Journal (2003)

1997

  1. A guide to FRB/Global
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) Downloads View citations (5)

1996

  1. A Practitioner's Guide to Robust Covariance Matrix Estimation
    NBER Technical Working Papers, National Bureau of Economic Research, Inc Downloads View citations (35)
    See also Software Item (1996)
    Software Item (1996)
    Software Item (1996)
  2. Inferences from Parametric and Non-Parametric Covariance Matrix Estimation Procedures
    NBER Technical Working Papers, National Bureau of Economic Research, Inc Downloads View citations (16)
    Also in International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (1995) Downloads

Journal Articles

2014

  1. Are Long-Term Inflation Expectations Well Anchored in Brazil, Chile, and Mexico?
    International Journal of Central Banking, 2014, 10, (2), 337-400 Downloads

2012

  1. When did firms become more different? Time-varying firm-specific volatility in Japan
    Journal of the Japanese and International Economies, 2012, 26, (4), 578-601 Downloads
    See also Working Paper (2012)

2011

  1. Are Long-Run Inflation Expectations Anchored More Firmly in the Euro Area Than in the United States?
    American Economic Journal: Macroeconomics, 2011, 3, (2), 104-29 Downloads View citations (4)
    See also Working Paper (2008)
  2. Bifurcation in Perturbation Analysis:Calvo Pricing Examples
    Computational Economics, 2011, 37, (3), 221-236 Downloads

2010

  1. Does Inflation Targeting Anchor Long-Run Inflation Expectations? Evidence from the U.S., UK, and Sweden
    Journal of the European Economic Association, 2010, 8, (6), 1208-1242 Downloads View citations (41)
  2. Limitations on the Effectiveness of Forward Guidance at the Zero Lower Bound
    International Journal of Central Banking, 2010, 6, (1), 143-189 Downloads View citations (16)
    See also Working Paper (2009)

2008

  1. Commentary on "Optimal monetary policy under uncertainty: a Markov jump-linear-quadratic approach"
    Review, 2008, (Jul), 301-306 Downloads
  2. Macroeconometric equivalence, microeconomic dissonance, and the design of monetary policy
    Journal of Monetary Economics, 2008, 55, (Supplement 1), S48-S62 Downloads View citations (8)
    See also Working Paper (2008)

2007

  1. Identifying the influences of nominal and real rigidities in aggregate price-setting behavior
    Journal of Monetary Economics, 2007, 54, (8), 2439-2466 Downloads View citations (44)
    See also Working Paper (2005)
  2. Inflation targeting and the anchoring of inflation expectations in the western hemisphere
    Economic Review, 2007, 25-47 Downloads View citations (10)
    Also in Journal Economía Chilena (The Chilean Economy), 2006, 9, (3), 19-52 (2006) Downloads View citations (14)

    See also Chapter (2007)
    Working Paper (2006)
  3. Reconsidering the natural rate hypothesis in a New Keynesian framework
    Journal of Monetary Economics, 2007, 54, (5), 1344-1365 Downloads View citations (19)
  4. Three great American disinflations
    Proceedings, 2007 Downloads View citations (6)
    See also Working Paper (2007)

2006

  1. New Evidence on Inflation Persistence and Price Stickiness in the Euro Area: Implications for Macro Modeling
    Journal of the European Economic Association, 2006, 4, (2-3), 562-574 Downloads View citations (60)
    See also Working Paper (2005)
  2. Optimal monetary policy with durable consumption goods
    Journal of Monetary Economics, 2006, 53, (7), 1341-1359 Downloads View citations (74)
  3. Sectoral and Aggregate Inflation Dynamics in the Euro Area
    Journal of the European Economic Association, 2006, 4, (2-3), 585-593 Downloads View citations (42)

2005

  1. Comment on: "Endogenous objectives and the evaluation of targeting rules for monetary policy"
    Journal of Monetary Economics, 2005, 52, (5), 913-919 Downloads View citations (1)
  2. Data uncertainty and the role of money as an information variable for monetary policy
    European Economic Review, 2005, 49, (4), 975-1006 Downloads View citations (35)
    See also Working Paper (2003)
  3. No-arbitrage Taylor rules - comments
    Proceedings, 2005 Downloads

2004

  1. Recent U.S. Macroeconomic Stability: Good Policies, Good Practices, or Good Luck?
    The Review of Economics and Statistics, 2004, 86, (3), 824-832 Downloads View citations (53)
    See also Working Paper (2002)
  2. The macroeconomic effects of inflation targeting
    Review, 2004, (Jul), 51-80 Downloads View citations (119)

2003

  1. Imperfect credibility and inflation persistence
    Journal of Monetary Economics, 2003, 50, (4), 915-944 Downloads View citations (163)
    See also Working Paper (2001)
  2. Patience, persistence, and welfare costs of incomplete markets in open economies
    Journal of International Economics, 2003, 61, (2), 385-396 Downloads View citations (12)
    See also Working Paper (2001)
  3. Robust monetary policy with competing reference models
    Journal of Monetary Economics, 2003, 50, (5), 945-975 Downloads View citations (122)
    See also Working Paper (2003)
  4. The Performance of Forecast-Based Monetary Policy Rules Under Model Uncertainty
    American Economic Review, 2003, 93, (3), 622-645 Downloads View citations (169)
    See also Working Paper (2003)
  5. What Determines Public Support for Affirmative Action?
    Southern Economic Journal, 2003, 69, (3), 612-627
    See also Working Paper (1998)

2002

  1. Comment on: Monetary policy rules in the open economy: effects on welfare and business cycles
    Journal of Monetary Economics, 2002, 49, (5), 1017-1023 Downloads View citations (5)
  2. Unit root tests in panel data: asymptotic and finite-sample properties
    Journal of Econometrics, 2002, 108, (1), 1-24 Downloads View citations (1592)

2000

  1. Optimal monetary policy with staggered wage and price contracts
    Journal of Monetary Economics, 2000, 46, (2), 281-313 Downloads View citations (894)
    See also Working Paper (1999)

1997

  1. Complementarities between Exports and Human Capital in Economic Growth: Evidence from the Semi-industrialized Countries
    Economic Development and Cultural Change, 1997, 46, (1), 155-74 View citations (24)
  2. Evaluating international economic policy with the Federal Reserve's global model
    Federal Reserve Bulletin, 1997, (Oct), 797-817 Downloads View citations (9)
  3. The evolution of macro models at the Federal Reserve Board
    Carnegie-Rochester Conference Series on Public Policy, 1997, 47, (1), 43-81 Downloads View citations (96)

Chapters

2007

  1. Comment on "Monetary Policy in Europe vs the US: What Explains the Difference?"
    A chapter in International Dimensions of Monetary Policy, 2007, pp 533-545 Downloads
  2. Inflation Targeting and the Anchoring of Inflation Expectations in the Western Hemisphere
    Chapter 11 in Monetary Policy under Inflation Targeting, 2007, vol. 11, pp 415-465 Downloads View citations (4)
    See also Working Paper (2006)
    Journal Article in Economic Review (2007)

2006

  1. Monetary Policy Under Uncertainty in Micro-Founded Macroeconometric Models
    A chapter in NBER Macroeconomics Annual 2005, Volume 20, 2006, pp 229-312 Downloads View citations (75)
    See also Working Paper (2005)

1999

  1. Robustness of Simple Monetary Policy Rules under Model Uncertainty
    A chapter in Monetary Policy Rules, 1999, pp 263-318 Downloads View citations (193)
    See also Working Paper (1998)

Software Items

1996

  1. VARHAC Covariance Matrix Estimator (FORTRAN)
    QM&RBC Codes, Quantitative Macroeconomics & Real Business Cycles Downloads
    See also Working Paper (1996)
  2. VARHAC Covariance Matrix Estimator (GAUSS)
    QM&RBC Codes, Quantitative Macroeconomics & Real Business Cycles Downloads
    See also Working Paper (1996)
  3. VARHAC Covariance Matrix Estimator (RATS)
    QM&RBC Codes, Quantitative Macroeconomics & Real Business Cycles Downloads
    See also Working Paper (1996)

1995

  1. RATS code for Business Cycles Statistics and their Standard Errors
    QM&RBC Codes, Quantitative Macroeconomics & Real Business Cycles Downloads
 
Page updated 2014-10-22