Details about Andrew Theo Levin

Access statistics for papers by Andrew Theo Levin.

Last updated 2013-04-26. Update your information in the RePEc Author Service.

Short-id: ple143

Working Papers

2012

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

2011

2. Cyclical Changes in Firm Volatility
   CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University
   Also in Reserve Bank of New Zealand Discussion Paper Series, Reserve Bank of New Zealand (2011) View citations (1)
3. Reconsidering the Microeconomic Foundations of Price-Setting Behavior
   2011 Meeting Papers, Society for Economic Dynamics
   Also in 2009 Meeting Papers, Society for Economic Dynamics (2009) View citations (1)

2010

4. 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

2009

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

2008

8. 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.) View citations (4)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2007) View citations (29)
   See also Journal Article in American Economic Journal: Macroeconomics (2011)
9. Macroeconometric equivalence, microeconomic dissonance, and the design of monetary policy
   Working Papers, Federal Reserve Bank of St. Louis View citations (6)
   See also Journal Article in Journal of Monetary Economics (2008)

2007

10. 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.) View citations (1)
11. Financial market perceptions of recession risk
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (12)
12. Macroeconomic Volatility, Learning, and the Term Structure of Interest Rates
    2007 Meeting Papers, Society for Economic Dynamics
13. Strategic Complementarities and Optimal Monetary Policy
    Kiel Working Papers, Kiel Institute for the World Economy View citations (11)
    Also in 2007 Meeting Papers, Society for Economic Dynamics (2007) View citations (7)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2007) View citations (8)
14. Three Great American Disinflations
    CFS Working Paper Series, Center for Financial Studies View citations (6)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2007) View citations (6)
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (2007) View citations (4)
    See also Journal Article in Proceedings (2007)

2006

15. 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 View citations (30)
    Also in Working Paper Series, Federal Reserve Bank of San Francisco (2006) View citations (60)
16. Higher-order perturbation solutions to dynamic, discrete-time rational expectations models
    Working Paper Series, Federal Reserve Bank of San Francisco View citations (19)
17. Inflation Targeting and the Anchoring of Inflation Expectations in The Western Hemisphere
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (19)
    See also Chapter (2007)
    Journal Article in Economic Review (2007)
18. Relative Price Distortion and Optimal Monetary Policy in Open Economies
    Computing in Economics and Finance 2006, Society for Computational Economics View citations (1)

2005

19. 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)
20. Corporate Leverage and Financial Fragility in General Equilibrium
    Computing in Economics and Finance 2005, Society for Computational Economics
21. 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
22. 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) View citations (16)
    See also Journal Article in Journal of Monetary Economics (2007)
23. Inflation persistence and monetary policy design - an overview
    Working Paper Series, European Central Bank View citations (13)
24. Monetary Policy Under Uncertainty in Micro-Founded Macroeconometric Models
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (118)
    Also in Working Papers in Applied Economic Theory, Federal Reserve Bank of San Francisco (2005) View citations (131)
    Computing in Economics and Finance 2005, Society for Computational Economics (2005) View citations (95)
    See also Chapter (2006)
25. New Evidence on Inflation Persistence and Price Stickiness in the Euro Area: Implications for Macro Modelling
    Working Papers, Barcelona Graduate School of Economics View citations (2)
    Also in Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (2005) View citations (41)
    See also Journal Article in Journal of the European Economic Association (2006)
26. The Determinants of Market Frictions in the Corporate Market
    Computing in Economics and Finance 2005, Society for Computational Economics View citations (3)
27. 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) View citations (35)
    Computing in Economics and Finance 2004, Society for Computational Economics (2004) View citations (18)

2004

28. Evaluating the Magnitude of Financial Market Frictions: Evidence from Firm-Level Data
    Econometric Society 2004 North American Summer Meetings, Econometric Society
29. Explicit inflation objectives and macroeconomic outcomes
    Working Paper Series, European Central Bank View citations (22)
30. 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)
31. Is inflation persistence intrinsic in industrial economies?
    Working Paper Series, European Central Bank View citations (62)
    Also in Working Papers, Federal Reserve Bank of St. Louis (2003) View citations (93)
    Computing in Economics and Finance 2003, Society for Computational Economics (2003) View citations (13)
32. Optimal Monetary Policy in an Imperfect World
    Computing in Economics and Finance 2004, Society for Computational Economics View citations (1)
33. Optimal Monetary Policy with Endogenous Capital Accumulation
    2004 Meeting Papers, Society for Economic Dynamics View citations (11)

2003

34. Data Uncertainty and the Role of Money as an Information Variable for Monetary Policy
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (4)
    Also in Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2001) View citations (26)
    Working Paper Series, European Central Bank (2001) View citations (44)
    CFS Working Paper Series, Center for Financial Studies (2003) View citations (14)
    See also Journal Article in European Economic Review (2005)
35. Monetary Policy Implications of Endogenous Capital Accumulation
    Computing in Economics and Finance 2003, Society for Computational Economics
36. Parameter Uncertainty and the Central Bank's Objective Function
    Computing in Economics and Finance 2003, Society for Computational Economics View citations (14)
37. Robust Monetary Policy with Competing Reference Models
    Computing in Economics and Finance 2003, Society for Computational Economics View citations (54)
    Also in Working Papers in Applied Economic Theory, Federal Reserve Bank of San Francisco (2003) View citations (105)
    See also Journal Article in Journal of Monetary Economics (2003)
38. The Non-Linearity of the Financial Accelerator
    Computing in Economics and Finance 2003, Society for Computational Economics View citations (1)
39. The Performance of Forecast-Based Monetary Policy Rules under Model Uncertainty
    CFS Working Paper Series, Center for Financial Studies View citations (143)
    Also in Econometric Society World Congress 2000 Contributed Papers, Econometric Society (2000) View citations (3)
    Working Paper Series, European Central Bank (2001) View citations (18)
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2001) View citations (17)
    Computing in Economics and Finance 2000, Society for Computational Economics (2000) View citations (4)
    See also Journal Article in American Economic Review (2003)

2002

40. Is Inflation Persistence Inherent in Industrial Economies?
    Computing in Economics and Finance 2002, Society for Computational Economics
41. 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) View citations (32)
42. Optimal monetary policy with durable goods and non-durable goods
    Working Paper Series, European Central Bank View citations (16)
43. 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.)
    See also Journal Article in The Review of Economics and Statistics (2004)

2001

44. Evaluating Information Variables for Monetary Policy in a Noisy Economic Environment
    Computing in Economics and Finance 2001, Society for Computational Economics View citations (3)
45. Imperfect Credibility and Inflation Persistence
    Computing in Economics and Finance 2001, Society for Computational Economics View citations (79)
    Also in Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2001) View citations (59)
    See also Journal Article in Journal of Monetary Economics (2003)
46. 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) View citations (2)
    See also Journal Article in Journal of International Economics (2003)
47. The Effects of Dollarization on Macroeconomic Stability
    Computing in Economics and Finance 2001, Society for Computational Economics View citations (2)

2000

48. Patience, Persistence and Properties of Two-Country Incomplete Market Models
    Econometric Society World Congress 2000 Contributed Papers, Econometric Society View citations (2)
49. Robust Covariance Matrix Estimation with Data-Dependent VAR Prewhitening Order
    NBER Technical Working Papers, National Bureau of Economic Research, Inc View citations (7)
    Also in University of California at San Diego, Economics Working Paper Series, Department of Economics, UC San Diego (2000) View citations (8)

1999

50. Inaccuracy of Loglinearization in Welfare Calculations: Complete vs. Incomplete Market Economies
    Computing in Economics and Finance 1999, Society for Computational Economics
51. Optimal Monetary Policy with Staggered Wage and Price Contracts
    Computing in Economics and Finance 1999, Society for Computational Economics View citations (78)
    Also in International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (1999) View citations (33)
    See also Journal Article in Journal of Monetary Economics (2000)
52. The Performance of Forward-Looking Monetary Policy Rules under Model Uncertainty
    Computing in Economics and Finance 1999, Society for Computational Economics View citations (2)

1998

53. Macroeconomic implications of competitive college admissions
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.)
54. Robustness of Simple Monetary Policy Rules under Model Uncertainty
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (117)
    Also in Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (1998) View citations (215)
    See also Chapter (1999)
55. Tradeoffs Between Inflation and Output-Gap Variances in an Optimizing-Agent Model
    Working Papers, Stockholm - International Economic Studies View citations (8)
    Also in Seminar Papers, Stockholm University, Institute for International Economic Studies (1998) View citations (1)
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (1998) View citations (4)
56. What determines public support for affirmative action?
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.)
    See also Journal Article in Southern Economic Journal (2003)

1997

57. A guide to FRB/Global
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (6)

1996

58. A Practitioner's Guide to Robust Covariance Matrix Estimation
    NBER Technical Working Papers, National Bureau of Economic Research, Inc View citations (26)
    See also Software Item (1996)
    Software Item (1996)
    Software Item (1996)
59. Inferences from Parametric and Non-Parametric Covariance Matrix Estimation Procedures
    NBER Technical Working Papers, National Bureau of Economic Research, Inc View citations (12)
    Also in International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (1995)

Journal Articles

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
   See also Working Paper (2012)

2011

2. 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 View citations (1)
   See also Working Paper (2008)
3. Bifurcation in Perturbation Analysis:Calvo Pricing Examples
   Computational Economics, 2011, 37, (3), 221-236

2010

4. 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 View citations (21)
5. Limitations on the Effectiveness of Forward Guidance at the Zero Lower Bound
   International Journal of Central Banking, 2010, 6, (1), 143-189 View citations (4)
   See also Working Paper (2009)

2008

6. Commentary on "Optimal monetary policy under uncertainty: a Markov jump-linear-quadratic approach"
   Review, 2008, (Jul), 301-306
7. Macroeconometric equivalence, microeconomic dissonance, and the design of monetary policy
   Journal of Monetary Economics, 2008, 55, (Supplement 1), S48-S62 View citations (6)
   See also Working Paper (2008)

2007

8. Identifying the influences of nominal and real rigidities in aggregate price-setting behavior
   Journal of Monetary Economics, 2007, 54, (8), 2439-2466 View citations (42)
   See also Working Paper (2005)
9. Inflation targeting and the anchoring of inflation expectations in the western hemisphere
   Economic Review, 2007, 25-47 View citations (8)
   Also in Journal Economía Chilena (The Chilean Economy), 2006, 9, (3), 19-52 (2006) View citations (13)
   See also Chapter (2007)
   Working Paper (2006)
10. Reconsidering the natural rate hypothesis in a New Keynesian framework
    Journal of Monetary Economics, 2007, 54, (5), 1344-1365 View citations (13)
11. Three great American disinflations
    Proceedings, 2007 View citations (4)
    See also Working Paper (2007)

2006

12. 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 View citations (56)
    See also Working Paper (2005)
13. Optimal monetary policy with durable consumption goods
    Journal of Monetary Economics, 2006, 53, (7), 1341-1359 View citations (56)
14. Sectoral and Aggregate Inflation Dynamics in the Euro Area
    Journal of the European Economic Association, 2006, 4, (2-3), 585-593 View citations (31)

2005

15. Comment on: "Endogenous objectives and the evaluation of targeting rules for monetary policy"
    Journal of Monetary Economics, 2005, 52, (5), 913-919 View citations (1)
16. Data uncertainty and the role of money as an information variable for monetary policy
    European Economic Review, 2005, 49, (4), 975-1006 View citations (23)
    See also Working Paper (2003)
17. No-arbitrage Taylor rules - comments
    Proceedings, 2005

2004

18. Recent U.S. Macroeconomic Stability: Good Policies, Good Practices, or Good Luck?
    The Review of Economics and Statistics, 2004, 86, (3), 824-832 View citations (38)
    See also Working Paper (2002)
19. The macroeconomic effects of inflation targeting
    Review, 2004, (Jul), 51-80 View citations (111)

2003

20. Imperfect credibility and inflation persistence
    Journal of Monetary Economics, 2003, 50, (4), 915-944 View citations (144)
    See also Working Paper (2001)
21. Patience, persistence, and welfare costs of incomplete markets in open economies
    Journal of International Economics, 2003, 61, (2), 385-396 View citations (10)
    See also Working Paper (2001)
22. Robust monetary policy with competing reference models
    Journal of Monetary Economics, 2003, 50, (5), 945-975 View citations (116)
    See also Working Paper (2003)
23. The Performance of Forecast-Based Monetary Policy Rules Under Model Uncertainty
    American Economic Review, 2003, 93, (3), 622-645 View citations (131)
    See also Working Paper (2003)
24. What Determines Public Support for Affirmative Action?
    Southern Economic Journal, 2003, 69, (3), 612-627
    See also Working Paper (1998)

2002

25. Comment on: Monetary policy rules in the open economy: effects on welfare and business cycles
    Journal of Monetary Economics, 2002, 49, (5), 1017-1023 View citations (5)
26. Unit root tests in panel data: asymptotic and finite-sample properties
    Journal of Econometrics, 2002, 108, (1), 1-24 View citations (1108)

2000

27. Optimal monetary policy with staggered wage and price contracts
    Journal of Monetary Economics, 2000, 46, (2), 281-313 View citations (730)
    See also Working Paper (1999)

1997

28. 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 (22)
29. Evaluating international economic policy with the Federal Reserve's global model
    Federal Reserve Bulletin, 1997, (Oct), 797-817 View citations (9)
30. The evolution of macro models at the Federal Reserve Board
    Carnegie-Rochester Conference Series on Public Policy, 1997, 47, (1), 43-81 View citations (99)

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
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 View citations (8)
   See also Working Paper (2006)
   Journal Article in Economic Review (2007)

2006

3. Monetary Policy Under Uncertainty in Micro-Founded Macroeconometric Models
   A chapter in NBER Macroeconomics Annual 2005, Volume 20, 2006, pp 229-312 View citations (59)
   See also Working Paper (2005)

1999

4. Robustness of Simple Monetary Policy Rules under Model Uncertainty
   A chapter in Monetary Policy Rules, 1999, pp 263-318 View citations (206)
   See also Working Paper (1998)

Software Items

1996

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

1995

4. RATS code for Business Cycles Statistics and their Standard Errors
   QM&RBC Codes, Quantitative Macroeconomics & Real Business Cycles