Details about S. Boragan Aruoba

Homepage:	http://www.boraganaruoba.com
Postal address:	3105 Tydings Hall College Park, MD 20742
Workplace:	Department of Economics, University of Maryland, (more information at EDIRC)

Access statistics for papers by S. Boragan Aruoba.

Last updated 2024-05-06. Update your information in the RePEc Author Service.

Short-id: par34

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Working Papers

2024

1. Identifying Monetary Policy Shocks: A Natural Language Approach
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2022)
2. Pricing Under Distress
   NBER Working Papers, National Bureau of Economic Research, Inc
3. Reviving Micro Real Rigidities: The Importance of Demand Shocks
   NBER Working Papers, National Bureau of Economic Research, Inc
4. The Long and Variable Lags of Monetary Policy: Evidence from Disaggregated Price Indices
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
   See also Chapter The Long and Variable Lags of Monetary Policy: Evidence from Disaggregated Price Indices, NBER Chapters, National Bureau of Economic Research, Inc (2024) View citations (4) (2024)

2023

5. Real Rigidities, Firm Dynamics, and Monetary Nonneutrality: The Role of Demand Shocks
   FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta

2022

6. Housing Wealth and Consumption: The Role of Heterogeneous Credit Constraints
   NBER Working Papers, National Bureau of Economic Research, Inc
   Also in Working Papers, Federal Reserve Bank of Philadelphia (2022) View citations (2)

2021

7. Monetary Policy Surprises in Chile: Measurement & Real Effects
   Working Papers Central Bank of Chile, Central Bank of Chile View citations (4)
8. Online Appendix to "Piecewise-Linear Approximations and Filtering for DSGE Models with Occasionally Binding Constraints"
   Online Appendices, Review of Economic Dynamics View citations (17)
   See also Journal Article Piecewise-Linear Approximations and Filtering for DSGE Models with Occasionally Binding Constraints, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2021) View citations (20) (2021)
9. SVARs With Occasionally-Binding Constraints
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (11)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2021) View citations (8)
   See also Journal Article SVARs with occasionally-binding constraints, Journal of Econometrics, Elsevier (2022) View citations (11) (2022)

2020

10. Piecewise-Linear Approximations and Filtering for DSGE Models with Occasionally Binding Constraints
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (6)
    Also in International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (2020) View citations (12)
    NBER Working Papers, National Bureau of Economic Research, Inc (2020) View citations (8)
    Working Papers, Federal Reserve Bank of Philadelphia (2020) View citations (9)
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2020) View citations (7)
    See also Journal Article Piecewise-Linear Approximations and Filtering for DSGE Models with Occasionally Binding Constraints, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2021) View citations (20) (2021)

2019

11. How Big is the Wealth Effect? Decomposing the Response of Consumption to House Prices
    Working Papers, Federal Reserve Bank of Philadelphia View citations (1)

2018

12. Measuring Uncertainty
    2018 Meeting Papers, Society for Economic Dynamics

2016

13. A Structural Model of Electoral Accountability
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2015) View citations (7)
    See also Journal Article A STRUCTURAL MODEL OF ELECTORAL ACCOUNTABILITY, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (2019) View citations (3) (2019)
14. Macroeconomic Dynamics Near the ZLB: A Tale of Two Countries
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (45)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2013) View citations (70)
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2014) View citations (27)
    See also Journal Article Macroeconomic Dynamics Near the ZLB: A Tale of Two Countries, The Review of Economic Studies, Review of Economic Studies Ltd (2018) View citations (117) (2018)
15. Term structures of inflation expectations and real interest rates
    Working Papers, Federal Reserve Bank of Philadelphia View citations (10)
    See also Journal Article Term Structures of Inflation Expectations and Real Interest Rates, Journal of Business & Economic Statistics, Taylor & Francis Journals (2020) View citations (22) (2020)

2014

16. A Comparison of Programming Languages in Economics
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
17. Term Structures of Inflation Expectations and Real Interest Rates: The Effects of Unconventional Monetary Policy
    Staff Report, Federal Reserve Bank of Minneapolis View citations (6)

2013

18. Assessing DSGE Model Nonlinearities
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (12)
    Also in Working Papers, Federal Reserve Bank of Philadelphia (2013) View citations (12)
    See also Journal Article Assessing DSGE model nonlinearities, Journal of Economic Dynamics and Control, Elsevier (2017) View citations (38) (2017)
19. Improving GDP Measurement: A Measurement-Error Perspective
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania View citations (15)
    Also in Working Papers, Federal Reserve Bank of Philadelphia (2013) View citations (27)
    NBER Working Papers, National Bureau of Economic Research, Inc (2013) View citations (15)
    See also Journal Article Improving GDP measurement: A measurement-error perspective, Journal of Econometrics, Elsevier (2016) View citations (45) (2016)
20. Macroeconomic dynamics near the ZLB: a tale of two equilibria
    Working Papers, Federal Reserve Bank of Philadelphia View citations (74)

2012

21. Homework in Monetary Economics: Inflation, Home Production, and the Production of Homes
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (17)
    See also Journal Article Homework in Monetary Economics: Inflation, Home Production, and the Production of Homes, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2016) View citations (11) (2016)
22. Turkiye Icin Bir Reel Iktisadi Faaliyet Gostergesi
    Working Papers, Research and Monetary Policy Department, Central Bank of the Republic of Turkey View citations (1)

2011

23. Globalization, the Business Cycle, and Macroeconomic Monitoring
    IMF Working Papers, International Monetary Fund View citations (19)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2010) View citations (17)
    See also Chapter Globalization, the Business Cycle, and Macroeconomic Monitoring, NBER Chapters, National Bureau of Economic Research, Inc (2010) View citations (15) (2010)
    Journal Article Globalization, the Business Cycle, and Macroeconomic Monitoring, NBER International Seminar on Macroeconomics, University of Chicago Press (2011) View citations (20) (2011)
24. Homework in Monetary Economics: Inflation and House Prices
    2011 Meeting Papers, Society for Economic Dynamics
25. Improving GDP Measurement: A Forecast Combination Perspective
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania View citations (2)
    Also in Working Papers, Federal Reserve Bank of Philadelphia (2011) View citations (6)
    NBER Working Papers, National Bureau of Economic Research, Inc (2011) View citations (11)

2010

26. Informal Sector, Government Policy and Institutions
    2010 Meeting Papers, Society for Economic Dynamics View citations (34)
27. Real-Time Macroeconomic Monitoring: Real Activity, Inflation, and Interactions
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (79)
    Also in PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2010) View citations (71)
    Working Papers, Federal Reserve Bank of Philadelphia (2010) View citations (66)
    See also Journal Article Real-Time Macroeconomic Monitoring: Real Activity, Inflation, and Interactions, American Economic Review, American Economic Association (2010) View citations (80) (2010)

2009

28. Money and Optimal Capital Taxation
    2009 Meeting Papers, Society for Economic Dynamics
29. Money and capital: a quantitative analysis
    Working Papers, Federal Reserve Bank of St. Louis View citations (6)
30. Sticky Prices Versus Monetary Frictions: An Estimation of Policy Trade-offs
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
    Also in Working Papers, Federal Reserve Bank of Philadelphia (2009) View citations (5)
    See also Journal Article Sticky Prices versus Monetary Frictions: An Estimation of Policy Trade-Offs, American Economic Journal: Macroeconomics, American Economic Association (2011) View citations (93) (2011)

2008

31. Insights from an Estimated Search-Based Monetary Model with Nominal Rigidities
    2008 Meeting Papers, Society for Economic Dynamics View citations (6)
32. Real-Time Measurement of Business Conditions
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (9)
    Also in Working Papers, Federal Reserve Bank of Philadelphia (2008) View citations (23)
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2007) View citations (5)
    Computing in Economics and Finance 2006, Society for Computational Economics (2006) View citations (9)
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (2007) View citations (4)
    See also Journal Article Real-Time Measurement of Business Conditions, Journal of Business & Economic Statistics, American Statistical Association (2009) View citations (450) (2009)
33. Real-Time Measurement of Business Conditions, Second Version
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania View citations (5)

2007

34. Money and capital
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (18)
    Also in 2005 Meeting Papers, Society for Economic Dynamics (2005) View citations (20)
    See also Journal Article Money and capital, Journal of Monetary Economics, Elsevier (2011) View citations (69) (2011)
35. Optimal Fiscal and Monetary Policy when Money is Essential
    2007 Meeting Papers, Society for Economic Dynamics View citations (8)
    Also in International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (2006) View citations (10)
    See also Journal Article Optimal fiscal and monetary policy when money is essential, Journal of Economic Theory, Elsevier (2010) View citations (64) (2010)

2005

36. Comparing Solution Methods for Dynamic Equilibrium Economies
    Levine's Bibliography, UCLA Department of Economics View citations (4)
    Also in FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2003) View citations (22)
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2003) View citations (38)
    See also Journal Article Comparing solution methods for dynamic equilibrium economies, Journal of Economic Dynamics and Control, Elsevier (2006) View citations (249) (2006)
37. Data Revisions Are Not Well-Behaved
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (16)
    See also Journal Article Data Revisions Are Not Well Behaved, Journal of Money, Credit and Banking, Blackwell Publishing (2008) View citations (39) (2008)

2004

38. Data Revisions in General Equilibrium
    2004 Meeting Papers, Society for Economic Dynamics
39. Data Uncertainty in General Equilibrium
    Computing in Economics and Finance 2004, Society for Computational Economics View citations (7)
40. The Macroeconomy and the Yield Curve: A Dynamic Latent Factor Approach
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (23)
    See also Journal Article The macroeconomy and the yield curve: a dynamic latent factor approach, Journal of Econometrics, Elsevier (2006) View citations (601) (2006)

2003

41. Comparing Linear and Nonlinear Solution Methods for Dynamic Equilibrium Economies
    Computing in Economics and Finance 2003, Society for Computational Economics View citations (3)
42. Search, Money and Capital: A Neoclassical Dichotomy, Second Version
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania View citations (22)
43. The Macroeconomy and the Yield Curve: A Nonstructural Analysis
    CFS Working Paper Series, Center for Financial Studies (CFS) View citations (10)
    Also in PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2003) View citations (11)
    Working Paper Series, Federal Reserve Bank of San Francisco (2003) View citations (11)

2002

44. Search, money and capital: a neoclassical dichotomy
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (7)
    See also Journal Article Search, money, and capital: a neoclassical dichotomy, Proceedings, Federal Reserve Bank of Cleveland (2003) View citations (42) (2003)

2001

45. Moving Holidays and Seasonality: An Application in the Time and Frequency Domains For Turkey
    Working Papers, Bogazici University, Department of Economics View citations (1)

Journal Articles

2022

1. SVARs with occasionally-binding constraints
   Journal of Econometrics, 2022, 231, (2), 477-499 View citations (11)
   See also Working Paper SVARs With Occasionally-Binding Constraints, NBER Working Papers (2021) View citations (11) (2021)

2021

2. Institutions, tax evasion, and optimal policy
   Journal of Monetary Economics, 2021, 118, (C), 212-229 View citations (7)
3. Piecewise-Linear Approximations and Filtering for DSGE Models with Occasionally Binding Constraints
   Review of Economic Dynamics, 2021, 41, 96-120 View citations (20)
   See also Software Item Code and data files for "Piecewise-Linear Approximations and Filtering for DSGE Models with Occasionally Binding Constraints", Computer Codes (2021) (2021)
   Working Paper Online Appendix to "Piecewise-Linear Approximations and Filtering for DSGE Models with Occasionally Binding Constraints", Online Appendices (2021) View citations (17) (2021)
   Working Paper Piecewise-Linear Approximations and Filtering for DSGE Models with Occasionally Binding Constraints, CEPR Discussion Papers (2020) View citations (6) (2020)

2020

4. Term Structures of Inflation Expectations and Real Interest Rates
   Journal of Business & Economic Statistics, 2020, 38, (3), 542-553 View citations (22)
   See also Working Paper Term structures of inflation expectations and real interest rates, Working Papers (2016) View citations (10) (2016)

2019

5. A STRUCTURAL MODEL OF ELECTORAL ACCOUNTABILITY
   International Economic Review, 2019, 60, (2), 517-545 View citations (3)
   See also Working Paper A Structural Model of Electoral Accountability, CEPR Discussion Papers (2016) (2016)

2018

6. Macroeconomic Dynamics Near the ZLB: A Tale of Two Countries
   The Review of Economic Studies, 2018, 85, (1), 87-118 View citations (117)
   See also Working Paper Macroeconomic Dynamics Near the ZLB: A Tale of Two Countries, International Finance Discussion Papers (2016) View citations (45) (2016)

2017

7. Assessing DSGE model nonlinearities
   Journal of Economic Dynamics and Control, 2017, 83, (C), 34-54 View citations (38)
   See also Working Paper Assessing DSGE Model Nonlinearities, NBER Working Papers (2013) View citations (12) (2013)

2016

8. Homework in Monetary Economics: Inflation, Home Production, and the Production of Homes
   Review of Economic Dynamics, 2016, 21, 105-124 View citations (11)
   See also Software Item Code and data files for "Homework in Monetary Economics: Inflation, Home Production, and the Production of Homes", Computer Codes (2014) (2014)
   Working Paper Homework in Monetary Economics: Inflation, Home Production, and the Production of Homes, NBER Working Papers (2012) View citations (17) (2012)
9. Improving GDP measurement: A measurement-error perspective
   Journal of Econometrics, 2016, 191, (2), 384-397 View citations (45)
   See also Working Paper Improving GDP Measurement: A Measurement-Error Perspective, PIER Working Paper Archive (2013) View citations (15) (2013)

2015

10. A comparison of programming languages in macroeconomics
    Journal of Economic Dynamics and Control, 2015, 58, (C), 265-273 View citations (12)

2013

11. A Real Economic Activity Indicator for Turkey
    Central Bank Review, 2013, 13, (1), 15-29 View citations (4)

2011

12. Globalization, the Business Cycle, and Macroeconomic Monitoring
    NBER International Seminar on Macroeconomics, 2011, 7, (1), 245 - 286 View citations (20)
    See also Chapter Globalization, the Business Cycle, and Macroeconomic Monitoring, NBER Chapters, 2010, 245-286 (2010) View citations (15) (2010)
    Working Paper Globalization, the Business Cycle, and Macroeconomic Monitoring, IMF Working Papers (2011) View citations (19) (2011)
13. MONEY, SEARCH, AND BUSINESS CYCLES
    International Economic Review, 2011, 52, (3), 935-959 View citations (8)
14. Money and capital
    Journal of Monetary Economics, 2011, 58, (2), 98-116 View citations (69)
    See also Working Paper Money and capital, Working Papers (Old Series) (2007) View citations (18) (2007)
15. Sticky Prices versus Monetary Frictions: An Estimation of Policy Trade-Offs
    American Economic Journal: Macroeconomics, 2011, 3, (1), 60-90 View citations (93)
    See also Working Paper Sticky Prices Versus Monetary Frictions: An Estimation of Policy Trade-offs, NBER Working Papers (2009) View citations (4) (2009)

2010

16. Optimal fiscal and monetary policy when money is essential
    Journal of Economic Theory, 2010, 145, (5), 1618-1647 View citations (64)
    See also Working Paper Optimal Fiscal and Monetary Policy when Money is Essential, 2007 Meeting Papers (2007) View citations (8) (2007)
17. Real-Time Macroeconomic Monitoring: Real Activity, Inflation, and Interactions
    American Economic Review, 2010, 100, (2), 20-24 View citations (80)
    See also Working Paper Real-Time Macroeconomic Monitoring: Real Activity, Inflation, and Interactions, NBER Working Papers (2010) View citations (79) (2010)

2009

18. Real-Time Measurement of Business Conditions
    Journal of Business & Economic Statistics, 2009, 27, (4), 417-427 View citations (450)
    See also Working Paper Real-Time Measurement of Business Conditions, NBER Working Papers (2008) View citations (9) (2008)

2008

19. Data Revisions Are Not Well Behaved
    Journal of Money, Credit and Banking, 2008, 40, (2‐3), 319-340 View citations (39)
    Also in Journal of Money, Credit and Banking, 2008, 40, (2-3), 319-340 (2008) View citations (165)
    See also Working Paper Data Revisions Are Not Well-Behaved, CEPR Discussion Papers (2005) View citations (16) (2005)

2007

20. Bargaining and the value of money
    Journal of Monetary Economics, 2007, 54, (8), 2636-2655 View citations (131)

2006

21. Comparing solution methods for dynamic equilibrium economies
    Journal of Economic Dynamics and Control, 2006, 30, (12), 2477-2508 View citations (249)
    See also Working Paper Comparing Solution Methods for Dynamic Equilibrium Economies, Levine's Bibliography (2005) View citations (4) (2005)
22. The macroeconomy and the yield curve: a dynamic latent factor approach
    Journal of Econometrics, 2006, 131, (1-2), 309-338 View citations (601)
    See also Working Paper The Macroeconomy and the Yield Curve: A Dynamic Latent Factor Approach, NBER Working Papers (2004) View citations (23) (2004)

2004

23. Moving Holidays and Seasonal Adjustment: The Case of Turkey
    Review of Middle East Economics and Finance, 2004, 2, (3), 44-50 View citations (4)

2003

24. Search, money, and capital: a neoclassical dichotomy
    Proceedings, 2003, 1085-1117 View citations (42)
    See also Working Paper Search, money and capital: a neoclassical dichotomy, Working Papers (Old Series) (2002) View citations (7) (2002)
25. Time Series Analysis by State-Space Methods
    Journal of the American Statistical Association, 2003, 98, 255-256

2001

26. Deseasonalizing Macroeconomic Data: A Caveat to Applied Researchers in Turkey
    Istanbul Stock Exchange Review, 2001, 5, (18), 33-52 View citations (3)

Chapters

2024

1. The Long and Variable Lags of Monetary Policy: Evidence from Disaggregated Price Indices
   A chapter in Inflation in the COVID Era and Beyond, 2024 View citations (4)
   See also Working Paper The Long and Variable Lags of Monetary Policy: Evidence from Disaggregated Price Indices, National Bureau of Economic Research, Inc (2024) View citations (5) (2024)

2010

2. Globalization, the Business Cycle, and Macroeconomic Monitoring
   A chapter in NBER International Seminar on Macroeconomics 2010, 2010, pp 245-286 View citations (15)
   See also Working Paper Globalization, the Business Cycle, and Macroeconomic Monitoring, International Monetary Fund (2011) View citations (19) (2011)
   Journal Article Globalization, the Business Cycle, and Macroeconomic Monitoring, University of Chicago Press (2011) View citations (20) (2011)

Software Items

2021

1. Code and data files for "Piecewise-Linear Approximations and Filtering for DSGE Models with Occasionally Binding Constraints"
   Computer Codes, Review of Economic Dynamics
   See also Journal Article Piecewise-Linear Approximations and Filtering for DSGE Models with Occasionally Binding Constraints, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2021) View citations (20) (2021)

2014

2. Code and data files for "Homework in Monetary Economics: Inflation, Home Production, and the Production of Homes"
   Computer Codes, Review of Economic Dynamics
   See also Journal Article Homework in Monetary Economics: Inflation, Home Production, and the Production of Homes, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2016) View citations (11) (2016)

2003

3. Chebyshev Polynomials
   QM&RBC Codes, Quantitative Macroeconomics & Real Business Cycles
4. Finite Elements Method
   QM&RBC Codes, Quantitative Macroeconomics & Real Business Cycles View citations (2)
5. Linear and Log-Linear Approximation
   QM&RBC Codes, Quantitative Macroeconomics & Real Business Cycles
6. Perturbation (2nd and 5th order)
   QM&RBC Codes, Quantitative Macroeconomics & Real Business Cycles
7. Value Function Iteration
   QM&RBC Codes, Quantitative Macroeconomics & Real Business Cycles