Details about Eric T. Swanson

Access statistics for papers by Eric T. Swanson.

Last updated 2013-03-11. Update your information in the RePEc Author Service.

Short-id: psw16

Working Papers

2012

1. Measuring the effect of the zero lower bound on medium- and longer-term interest rates
   Working Paper Series, Federal Reserve Bank of San Francisco
2. Risk aversion, risk premia, and the labor margin with generalized recursive preferences
   Working Paper Series, Federal Reserve Bank of San Francisco

2011

3. Let's Twist Again: A High-Frequency Event-Study Analysis of Operation Twist and Its Implications for QE2
   2011 Meeting Papers, Society for Economic Dynamics View citations (1)
   Also in Working Paper Series, Federal Reserve Bank of San Francisco (2011) View citations (5)
   See also Journal Article in Brookings Papers on Economic Activity (2011)

2010

4. Risk Aversion, the Labor Margin, and Asset Pricing in DSGE Models
   2010 Meeting Papers, Society for Economic Dynamics
   Also in Working Paper Series, Federal Reserve Bank of San Francisco (2009) View citations (1)

2009

5. CONVERGENCE AND ANCHORING OF YIELD CURVES IN THE EURO AREA
   2009 Meeting Papers, Society for Economic Dynamics View citations (2)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2007) View citations (19)
   Working Paper Series, European Central Bank (2007) View citations (5)
   Working Paper Series, Federal Reserve Bank of San Francisco (2007) View citations (7)
   See also Journal Article in The Review of Economics and Statistics (2011)
6. Risk Premia on Equity and Debt in a DSGE Model with Long-Run Real and Nominal Risks
   2009 Meeting Papers, Society for Economic Dynamics

2008

7. Examining the bond premium puzzle with a DSGE model
   Working Paper Series, Federal Reserve Bank of San Francisco View citations (12)
   See also Journal Article in Journal of Monetary Economics (2008)
8. Long-Run Inflation Risk and the Postwar Term Premium
   2008 Meeting Papers, Society for Economic Dynamics
9. The bond premium in a DSGE model with long-run real and nominal risks
   Working Paper Series, Federal Reserve Bank of San Francisco View citations (2)
   Also in Working Paper Research, National Bank of Belgium (2008) View citations (19)
   See also Journal Article in American Economic Journal: Macroeconomics (2012)

2007

10. Optimal Time-Consistent Monetary Policy in the New Keynesian Model with Repeated Simultaneous Play
    2007 Meeting Papers, Society for Economic Dynamics
11. Real wage cyclicality in the PSID
    Working Paper Series, Federal Reserve Bank of San Francisco View citations (2)

2006

12. 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)
13. Futures prices as risk-adjusted forecasts of monetary policy
    Working Paper Series, Federal Reserve Bank of San Francisco View citations (39)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2004) View citations (32)
    See also Journal Article in Journal of Monetary Economics (2008)
14. Higher-order perturbation solutions to dynamic, discrete-time rational expectations models
    Working Paper Series, Federal Reserve Bank of San Francisco View citations (19)
15. 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)
16. Macroeconomic implications of changes in the term premium
    Working Paper Series, Federal Reserve Bank of San Francisco View citations (15)
    See also Journal Article in Review (2007)
17. Market-based measures of monetary policy expectations
    Working Paper Series, Federal Reserve Bank of San Francisco View citations (27)
    Also in Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2002) View citations (48)
    See also Journal Article in Journal of Business & Economic Statistics (2007)
18. The bond yield "conundrum" from a macro-finance perspective
    Working Paper Series, Federal Reserve Bank of San Francisco View citations (17)
    See also Journal Article in Monetary and Economic Studies (2006)
19. The relative price and relative productivity channels for aggregate fluctuations
    Working Paper Series, Federal Reserve Bank of San Francisco View citations (1)
    See also Journal Article in The B.E. Journal of Macroeconomics (2006)

2005

20. Do Actions Speak Louder Than Words? The Response of Asset Prices to Monetary Policy Actions and Statements
    MPRA Paper, University Library of Munich, Germany View citations (125)
    Also in Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2004) View citations (20)
    Macroeconomics, EconWPA (2005) View citations (97)
    See also Journal Article in International Journal of Central Banking (2005)
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. Optimal Nonlinear Policy: Signal Extraction with a Non-Normal Prior
    Computing in Economics and Finance 2005, Society for Computational Economics View citations (2)
    Also in Working Paper Series, Federal Reserve Bank of San Francisco (2005) View citations (1)
    See also Journal Article in Journal of Economic Dynamics and Control (2006)

2004

23. Federal Reserve transparency and financial market forecasts of short-term interest rates
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (30)
24. 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)
25. Optimal Monetary Policy in an Imperfect World
    Computing in Economics and Finance 2004, Society for Computational Economics View citations (1)
26. The magnitude and Cyclical Behavior of Financial Market Frictions
    Computing in Economics and Finance 2004, Society for Computational Economics View citations (18)

2003

27. Identifying the Effects of Monetary Policy Shocks on Exchange Rates Using High Frequency Data
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (25)
    Also in International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (2002) View citations (5)
    Working Paper Series, European Central Bank (2002) View citations (13)
    See also Journal Article in Journal of the European Economic Association (2003)
28. The excess sensitivity of long-term interest rates: evidence and implications for macroeconomic models
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (67)
    See also Journal Article in Proceedings (2003)

2002

29. Identifying vars based on high frequency futures data
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (14)
    See also Journal Article in Journal of Monetary Economics (2004)

2001

30. NAIRU uncertainty and nonlinear policy rules
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (25)
    See also Journal Article in American Economic Review (2001)

2000

31. On Signal Extraction and Non-Certainty-Equivalence in Optimal Monetary Policy Rules
    Econometric Society World Congress 2000 Contributed Papers, Econometric Society View citations (9)
    Also in Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2000) View citations (25)
    See also Journal Article in Proceedings (2000)

1999

32. Measuring the cyclicality of real wages: how important is aggregation across industries?
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.)
33. Models of sectoral reallocation
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (3)

Journal Articles

2012

1. Risk Aversion and the Labor Margin in Dynamic Equilibrium Models
   American Economic Review, 2012, 102, (4), 1663-91
2. Structural and cyclical economic factors
   FRBSF Economic Letter, 2012, (Jun 11)
3. The Bond Premium in a DSGE Model with Long-Run Real and Nominal Risks
   American Economic Journal: Macroeconomics, 2012, 4, (1), 105-43 View citations (4)
   See also Working Paper (2008)

2011

4. Convergence and Anchoring of Yield Curves in the Euro Area
   The Review of Economics and Statistics, 2011, 93, (1), 350-364 View citations (2)
   See also Working Paper (2009)
5. Let's Twist Again: A High-Frequency Event-study Analysis of Operation Twist and Its Implications for QE2
   Brookings Papers on Economic Activity, 2011, 42, (1 (Spring)), 151-207
   See also Working Paper (2011)
6. Operation Twist and the effect of large-scale asset purchases
   FRBSF Economic Letter, 2011, (Apr 25)

2010

7. 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)
8. Financial market imperfections and macroeconomics: conference summary
   FRBSF Economic Letter, 2010, (Aug 23)

2009

9. Macroeconomic models for monetary policy: conference summary
   FRBSF Economic Letter, 2009, (Jul 20)

2008

10. Convergence of long-term bond yields in the euro area
    FRBSF Economic Letter, 2008, (Nov 21)
11. Examining the bond premium puzzle with a DSGE model
    Journal of Monetary Economics, 2008, 55, (Supplement 1), S111-S126 View citations (22)
    See also Working Paper (2008)
12. Futures prices as risk-adjusted forecasts of monetary policy
    Journal of Monetary Economics, 2008, 55, (4), 677-691 View citations (22)
    Also in Proceedings, 2004, (Mar) (2004) View citations (19)
    See also Working Paper (2006)

2007

13. 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)
14. Macroeconomic implications of changes in the term premium
    Review, 2007, (Jul), 241-270 View citations (34)
    See also Working Paper (2006)
15. Market-Based Measures of Monetary Policy Expectations
    Journal of Business & Economic Statistics, 2007, 25, 201-212 View citations (38)
    See also Working Paper (2006)
16. REAL WAGE CYCLICALITY IN THE PANEL STUDY OF INCOME DYNAMICS
    Scottish Journal of Political Economy, 2007, 54, (5), 617-647 View citations (4)
17. What we do and don't know about the term premium
    FRBSF Economic Letter, 2007, (Jul 20) View citations (3)

2006

18. Have Increases in Federal Reserve Transparency Improved Private Sector Interest Rate Forecasts?
    Journal of Money, Credit and Banking, 2006, 38, (3), 791-819 View citations (37)
19. Optimal nonlinear policy: signal extraction with a non-normal prior
    Journal of Economic Dynamics and Control, 2006, 30, (2), 185-203 View citations (2)
    See also Working Paper (2005)
20. The Bond Yield "Conundrum" from a Macro-Finance Perspective
    Monetary and Economic Studies, 2006, 24, (S1), 83-109 View citations (26)
    See also Working Paper (2006)
21. The Relative Price and Relative Productivity Channels for Aggregate Fluctuations
    The B.E. Journal of Macroeconomics, 2006, contributions.6, (1), 10 View citations (1)
    See also Working Paper (2006)
22. Would an inflation target help anchor U.S. inflation expectations?
    FRBSF Economic Letter, 2006, (Aug 11) View citations (3)

2005

23. Do Actions Speak Louder Than Words? The Response of Asset Prices to Monetary Policy Actions and Statements
    International Journal of Central Banking, 2005, 1, (1) View citations (71)
    See also Working Paper (2005)
24. The Sensitivity of Long-Term Interest Rates to Economic News: Evidence and Implications for Macroeconomic Models
    American Economic Review, 2005, 95, (1), 425-436 View citations (139)

2004

25. Do Federal Reserve Policy Surprises Reveal Superior Information about the Economy?
    The B.E. Journal of Macroeconomics, 2004, contributions.4, (1), 10 View citations (23)
26. Identifying VARS based on high frequency futures data
    Journal of Monetary Economics, 2004, 51, (6), 1107-1131 View citations (51)
    See also Working Paper (2002)
27. Measuring the Cyclicality of Real Wages: How Important Is the Firm's Point of View?
    The Review of Economics and Statistics, 2004, 86, (1), 362-377
28. SIGNAL EXTRACTION AND NON-CERTAINTY-EQUIVALENCE IN OPTIMAL MONETARY POLICY RULES
    Macroeconomic Dynamics, 2004, 8, (01), 27-50 View citations (28)

2003

29. Identifying the Effects of Monetary Policy Shocks on Exchange Rates Using High Frequency Data
    Journal of the European Economic Association, 2003, 1, (5), 1031-1057 View citations (22)
    See also Working Paper (2003)
30. The excess sensitivity of long-term interest rates: evidence and implications for macroeconomic models
    Proceedings, 2003, (Mar) View citations (81)
    See also Working Paper (2003)

2001

31. NAIRU Uncertainty and Nonlinear Policy Rules
    American Economic Review, 2001, 91, (2), 226-231 View citations (23)
    See also Working Paper (2001)

2000

32. On signal extraction and non-certainty-equivalence in optimal monetary policy rules
    Proceedings, 2000 View citations (16)
    See also Working Paper (2000)

Chapters

2007

1. 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)