Details about Tao Zha

Access statistics for papers by Tao Zha.

Last updated 2009-09-20. Update your information in the RePEc Author Service.

Short-id: pzh80

Working Papers

2009

1. Sources of the Great Moderation: shocks, friction, or monetary policy?
   Working Paper Series, Federal Reserve Bank of San Francisco
   Also in Emory Economics, Department of Economics, Emory University (Atlanta) (2008)
   Working Paper, Federal Reserve Bank of Atlanta (2009)
2. Understanding Markov-Switching Rational Expectations Models
   NBER Working Papers, National Bureau of Economic Research, Inc View citations
   Also in Working Paper, Federal Reserve Bank of Atlanta (2009) View citations
   See also Journal Article in Journal of Economic Theory (2009)

2008

3. Asymmetric expectation effects of regime shifts in monetary policy
   Working Paper Series, Federal Reserve Bank of San Francisco
   See also Journal Article in Review of Economic Dynamics (2009)
4. Generalizing the Taylor principle: comment
   Working Paper, Federal Reserve Bank of Atlanta View citations
5. Learning, Adaptive Expectations, and Technology Shocks
   Working Papers, Department of Economics, Vanderbilt University
   Also in Emory Economics, Department of Economics, Emory University (Atlanta) (2008)
   Working Paper, Federal Reserve Bank of Atlanta (2008)
   Working Paper Series, Federal Reserve Bank of San Francisco (2008)
   See also Journal Article in Economic Journal (2009)
6. Minimal state variable solutions to Markov-switching rational expectations models
   Working Paper, Federal Reserve Bank of Atlanta View citations
7. Structural vector autoregressions: theory of identification and algorithms for inference
   Working Paper, Federal Reserve Bank of Atlanta

2007

8. Asymmetric Expectation Effects of Regime Shifts and the Great Moderation
   Emory Economics, Department of Economics, Emory University (Atlanta) View citations
   Also in Working Papers, Federal Reserve Bank of Minneapolis (2007) View citations
   Working Paper, Federal Reserve Bank of Atlanta (2007) View citations
9. Expectation Effects of Regimes Shifts in Monetary Policy
   Kiel Working Papers, Kiel Institute for the World Economy View citations
10. Indeterminacy in a forward-looking regime-switching model
    Working Paper, Federal Reserve Bank of Atlanta View citations
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2006) View citations
    NBER Working Papers, National Bureau of Economic Research, Inc (2006) View citations
    See also Journal Article in International Journal of Economic Theory (2009)
11. Understanding the New Keynesian model when monetary policy switches regimes
    Working Paper, Federal Reserve Bank of Atlanta View citations
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2007) View citations

2006

12. Assessing Changes in U.S. Monetary Policy in a Regime-Switching Rational Expectations Model
    2006 Meeting Papers, Society for Economic Dynamics
13. Markov-Switching Structural Vector Autoregressions: Theory and Application
    Computing in Economics and Finance 2006, Society for Computational Economics View citations
    Also in Working Paper, Federal Reserve Bank of Atlanta (2005) View citations
14. Methods for inference in large multiple-equation Markov-switching models
    Working Paper, Federal Reserve Bank of Atlanta View citations
    See also Journal Article in Journal of Econometrics (2008)
15. The Conquest of South American Inflation
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in Working Paper, Federal Reserve Bank of Atlanta (2006) View citations
    See also Journal Article in Journal of Political Economy (2009)
16. Transparency, expectations, and forecasts
    Working Paper, Federal Reserve Bank of Atlanta View citations
    Also in Working Paper Series, European Central Bank (2006) View citations
    See also Journal Article in Economic Review (2006)

2005

17. Were There Regime Switches in U.S. Monetary Policy?
    Working Papers, Princeton University, Department of Economics, Center for Economic Policy Studies. View citations
    Also in Working Paper, Federal Reserve Bank of Atlanta (2004) View citations
    See also Journal Article in American Economic Review (2006)

2004

18. Effects of monetary policy regime changes in the Euro Economy
    2004 Meeting Papers, Society for Economic Dynamics
19. MCMC method for Markov mixture simultaneous-equation models: a note
    Working Paper, Federal Reserve Bank of Atlanta View citations
20. Normalization in econometrics
    Working Paper, Federal Reserve Bank of Atlanta View citations
    See also Journal Article in Econometric Reviews (2007)
21. Shocks and Government Beliefs: The Rise and Fall of American Inflation
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in Working Paper, Federal Reserve Bank of Atlanta (2004) View citations
    See also Journal Article in American Economic Review (2006)

2003

22. Modest policy interventions
    Working Paper, Federal Reserve Bank of Atlanta View citations
    Also in Working Paper, Federal Reserve Bank of Atlanta (1999) View citations
    NBER Working Papers, National Bureau of Economic Research, Inc (2002) View citations
    Working Paper, Federal Reserve Bank of Atlanta (2002) View citations
    See also Journal Article in Journal of Monetary Economics (2003)

2002

23. Empirical Analysis of Policy Interventions
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See also Journal Article in Proceedings (2002)
24. Evaluating Wall Street Journal survey forecasters: a multivariate approach
    Working Paper, Federal Reserve Bank of Atlanta View citations

2000

25. A Gibbs simulator for restricted VAR models
    Working Paper, Federal Reserve Bank of Atlanta View citations
26. Assessing simple policy rules: a view from a complete macro model
    Working Paper, Federal Reserve Bank of Atlanta View citations
27. Likelihood-preserving normalization in multiple equation models
    Working Paper, Federal Reserve Bank of Atlanta
    See also Journal Article in Journal of Econometrics (2003)

1999

28. Quantifying the Half-Life of Deviations from PPP: The Role of Economic Priors
    Working Papers, Michigan - Center for Research on Economic & Social Theory View citations
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (1999) View citations
    Working Papers, Research Seminar in International Economics, University of Michigan (1999) View citations
    Working Paper, Federal Reserve Bank of Atlanta (1999) View citations

1998

29. Conditional forecasts in dynamic multivariate models
    Working Paper, Federal Reserve Bank of Atlanta View citations
    See also Journal Article in The Review of Economics and Statistics (1999)
30. Does monetary policy generate recessions?
    Working Paper, Federal Reserve Bank of Atlanta View citations
    See also Journal Article in Macroeconomic Dynamics (2006)

1997

31. Normalization, probability distribution, and impulse responses
    Working Paper, Federal Reserve Bank of Atlanta View citations
32. Trends in velocity and policy expectations
    Working Paper, Federal Reserve Bank of Atlanta
    See also Journal Article in Carnegie-Rochester Conference Series on Public Policy (1998)

1996

33. Bayesian methods for dynamic multivariate models
    Working Paper, Federal Reserve Bank of Atlanta View citations
    See also Journal Article in International Economic Review (1998)
34. Identification, vector autoregression, and block recursion
    Working Paper, Federal Reserve Bank of Atlanta

1995

35. Bankruptcy law, capital allocation, and aggregate effects: a dynamic heterogeneous agent model with incomplete markets
    Working Paper, Federal Reserve Bank of Atlanta View citations
36. Error bands for impulse responses
    Working Paper, Federal Reserve Bank of Atlanta View citations
    Also in Cowles Foundation Discussion Papers, Cowles Foundation, Yale University (1994) View citations
    See also Journal Article in Econometrica (1999)
37. Identifying monetary policy in a small open economy under flexible exchange rates
    Working Paper, Federal Reserve Bank of Atlanta View citations
    See also Journal Article in Journal of Monetary Economics (1997)

1992

38. Heterogeneity, Capital Allocation and Bankruptcy Law in an Economy with Incomplete Asset Markets
    Working Papers, Saskatchewan - Department of Economics

Journal Articles

2009

1. Asymmetric Expectation Effects of Regime Shifts in Monetary Policy
   Review of Economic Dynamics, 2009, 12, (2), 284-303
   See also Working Paper (2008)
2. Indeterminacy in a forward-looking regime switching model
   International Journal of Economic Theory, 2009, 5, (1), 69-84 View citations
   See also Working Paper (2007)
3. Learning, Adaptive Expectations and Technology Shocks
   Economic Journal, 2009, 119, (536), 377-405
   See also Working Paper (2008)
4. The Conquest of South American Inflation
   Journal of Political Economy, 2009, 117, (2), 211-256
   See also Working Paper (2006)
5. Understanding Markov-switching rational expectations models
   Journal of Economic Theory, 2009, 144, (5), 1849-1867 View citations
   See also Working Paper (2009)

2008

6. Methods for inference in large multiple-equation Markov-switching models
   Journal of Econometrics, 2008, 146, (2), 255-274 View citations
   See also Working Paper (2006)

2007

7. Comment on An and Schorfheide's Bayesian Analysis of DSGE Models
   Econometric Reviews, 2007, 26, (2-4), 205-210
8. Normalization in Econometrics
   Econometric Reviews, 2007, 26, (2-4), 221-252 View citations
   See also Working Paper (2004)

2006

9. DOES MONETARY POLICY GENERATE RECESSIONS?
   Macroeconomic Dynamics, 2006, 10, (02), 231-272 View citations
   See also Working Paper (1998)
10. Shocks and Government Beliefs: The Rise and Fall of American Inflation
    American Economic Review, 2006, 96, (4), 1193-1224 View citations
    See also Working Paper (2004)
11. Transparency, expectations and forecasts
    Economic Review, 2006, (Q 1), 1-25 View citations
    See also Working Paper (2006)
12. Were There Regime Switches in U.S. Monetary Policy?
    American Economic Review, 2006, 96, (1), 54-81 View citations
    See also Working Paper (2005)

2005

13. Monetary policy and learning
    Review of Economic Dynamics, 2005, 8, (2), 257-261

2003

14. A Gibbs sampler for structural vector autoregressions
    Journal of Economic Dynamics and Control, 2003, 28, (2), 349-366 View citations
15. Forecast evaluation with cross-sectional data: The Blue Chip Surveys
    Economic Review, 2003, (Q2), 17-31 View citations
16. Likelihood preserving normalization in multiple equation models
    Journal of Econometrics, 2003, 114, (2), 329-347 View citations
    See also Working Paper (2000)
17. Modest policy interventions
    Journal of Monetary Economics, 2003, 50, (8), 1673-1700 View citations
    See also Working Paper (2003)

2002

18. Empirical analysis of policy interventions
    Proceedings, 2002, (Mar) View citations
    See also Working Paper (2002)
19. Macroeconomic switching
    Proceedings, 2002, (Mar) View citations
20. Quantifying the uncertainty about the half-life of deviations from PPP
    Journal of Applied Econometrics, 2002, 17, (2), 107-125 View citations

2001

21. Assessing simple policy rules: A view from a complete macroeconomic model
    Economic Review, 2001, (Q4), 35-58 View citations
    Also in Review, 2001, (Jul), 83-112 (2001) View citations

2000

22. Monetary policy and racial unemployment rates
    Economic Review, 2000, (Q4), 1-16

1999

23. Block recursion and structural vector autoregressions
    Journal of Econometrics, 1999, 90, (2), 291-316 View citations
24. Conditional Forecasts In Dynamic Multivariate Models
    The Review of Economics and Statistics, 1999, 81, (4), 639-651 View citations
    See also Working Paper (1998)
25. Error Bands for Impulse Responses
    Econometrica, 1999, 67, (5), 1113-1156 View citations
    See also Working Paper (1995)
26. Evaluating the effects of monetary policy with economic models
    Economic Review, 1999, (Q4), 4-15

1998

27. A dynamic multivariate model for use in formulating policy
    Economic Review, 1998, (Q 1), 16-29 View citations
28. Bayesian Methods for Dynamic Multivariate Models
    International Economic Review, 1998, 39, (4), 949-68 View citations
    See also Working Paper (1996)
29. Trends in velocity and policy expectations
    Carnegie-Rochester Conference Series on Public Policy, 1998, 49, (1), 265-304 View citations
    See also Working Paper (1997)

1997

30. Identifying monetary policy in a small open economy under flexible exchange rates
    Journal of Monetary Economics, 1997, 39, (3), 433-448 View citations
    See also Working Paper (1995)
31. Identifying monetary policy: a primer
    Economic Review, 1997, (Q 2), 26-43 View citations

1996

32. What Does Monetary Policy Do?
    Brookings Papers on Economic Activity, 1996, 27, (1996-2), 1-78 View citations