Details about Martin Bodenstein

Access statistics for papers by Martin Bodenstein.

Last updated 2023-07-07. Update your information in the RePEc Author Service.

Short-id: pbo319

Working Papers

2024

1. Exchange Rate Disconnect and the Trade Balance
   International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.)
2. On the GDP Effects of Severe Physical Hazards
   International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.)

2023

3. Global Flight to Safety, Business Cycles, and the Dollar
   International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (1)
   Also in Working Papers, Federal Reserve Bank of Minneapolis (2023)
4. The Transmission of Global Risk
   FEDS Notes, Board of Governors of the Federal Reserve System (U.S.)

2021

5. Economic and Epidemiological Effects of Mandated and Spontaneous Social Distancing
   Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge View citations (3)
6. Forecasting During the COVID-19 Pandemic: A Structural Analysis of Downside Risk
   FEDS Notes, Board of Governors of the Federal Reserve System (U.S.)

2020

7. Alternative Strategies: How Do They Work? How Might They Help?
   Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (12)
8. Social Distancing and Supply Disruptions in a Pandemic
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (96)
   Also in Discussion Papers, Centre for Macroeconomics (CFM) (2020) View citations (40)
   Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2020) View citations (50)
   Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge (2020) View citations (91)
   See also Journal Article Social distancing and supply disruptions in a pandemic, Quantitative Economics, Econometric Society (2022) View citations (15) (2022)
9. The Elusive Gains from Nationally-Oriented Monetary Policy
   Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge View citations (3)
   Also in International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (2020) View citations (1)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020) View citations (3)
   Discussion Papers, Centre for Macroeconomics (CFM) (2020) View citations (3)

2019

10. Learning and Misperception: Implications for Price-Level Targeting
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (10)

2017

11. Commodity Prices and Labour Market Dynamics in Small Open Economies
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.)
    Also in Working Papers, The University of Sheffield, Department of Economics (2016) View citations (2)
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2016) View citations (2)
    See also Journal Article Commodity prices and labour market dynamics in small open economies, Journal of International Economics, Elsevier (2018) View citations (7) (2018)
12. Employment, Wages and Optimal Monetary Policy
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (3)
    See also Journal Article Employment, wages and optimal monetary policy, Journal of Monetary Economics, Elsevier (2020) View citations (3) (2020)
13. On Targeting Frameworks and Optimal Monetary Policy
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.)
    See also Journal Article On Targeting Frameworks And Optimal Monetary Policy, Journal of Money, Credit and Banking, Blackwell Publishing (2019) View citations (6) (2019)

2014

14. Macroeconomic Policy Games
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (26)
    See also Journal Article Macroeconomic policy games, Journal of Monetary Economics, Elsevier (2019) View citations (30) (2019)

2012

15. Monetary policy responses to oil price fluctuations
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (182)
    See also Journal Article Monetary Policy Responses to Oil Price Fluctuations, IMF Economic Review, Palgrave Macmillan (2012) View citations (182) (2012)
16. Oil Efficiency, Demand, and Prices: a Tale of Ups and Downs
    2012 Meeting Papers, Society for Economic Dynamics View citations (9)
    Also in International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (2011) View citations (11)

2010

17. Imperfect credibility and the zero lower bound on the nominal interest rate
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (11)
18. Oil shocks and the zero bound on nominal interest rates
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (7)
    See also Journal Article Oil shocks and the zero bound on nominal interest rates, Journal of International Money and Finance, Elsevier (2013) View citations (74) (2013)
19. The Effects of Foreign Shocks When Interest Rates Are at Zero
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (20)
    Also in International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (2009) View citations (25)
    See also Journal Article The effects of foreign shocks when interest rates are at zero, Canadian Journal of Economics, Canadian Economics Association (2017) View citations (11) (2017)

2009

20. Trade Elasticity of Substitution and Equilibrium Dynamics
    2009 Meeting Papers, Society for Economic Dynamics
    Also in International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (2008) View citations (1)
    See also Journal Article Trade elasticity of substitution and equilibrium dynamics, Journal of Economic Theory, Elsevier (2010) View citations (26) (2010)

2008

21. Oil Shocks and External Adjustment
    2008 Meeting Papers, Society for Economic Dynamics View citations (3)
    Also in International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (2007) View citations (25)
    See also Journal Article Oil shocks and external adjustment, Journal of International Economics, Elsevier (2011) View citations (238) (2011)
22. Optimal monetary policy with distinct core and headline inflation rates
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (117)
    See also Journal Article Optimal monetary policy with distinct core and headline inflation rates, Journal of Monetary Economics, Elsevier (2008) View citations (109) (2008)

2006

23. Can the U.S. monetary policy fall (again) in an expectation trap?
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (2)
    Also in Staff Reports, Federal Reserve Bank of New York (2005)
    See also Journal Article CAN THE U.S. MONETARY POLICY FALL (AGAIN) IN AN EXPECTATION TRAP?, Macroeconomic Dynamics, Cambridge University Press (2008) View citations (1) (2008)
24. Closing Large Open Economy Models
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (17)
    See also Journal Article Closing large open economy models, Journal of International Economics, Elsevier (2011) View citations (30) (2011)
25. Does the time inconsistency problem make flexible exchange rates look worse than you think?
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.)
    Also in Staff Reports, Federal Reserve Bank of New York (2005) View citations (5)
26. International Asset Markets and Real Exchange Rate Volatility
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (5)
    Also in 2005 Meeting Papers, Society for Economic Dynamics (2005) View citations (4)
    See also Journal Article International Asset Markets and Real Exchange Rate Volatility, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2008) View citations (23) (2008)
27. Of nutters and doves
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.)
    See also Journal Article Of Nutters and Doves, The B.E. Journal of Macroeconomics, De Gruyter (2009) View citations (1) (2009)

2001

28. Political Yardstick Competition, Economic Integration, and Constitutional Choice in a Federation
    CESifo Working Paper Series, CESifo View citations (16)
    See also Journal Article Political yardstick competition, economic integration, and constitutional choice in a federation, Public Choice, Springer (2005) View citations (27) (2005)

Journal Articles

2022

1. Learning and misperception of makeup strategies
   Journal of Economic Dynamics and Control, 2022, 139, (C) View citations (6)
2. Social distancing and supply disruptions in a pandemic
   Quantitative Economics, 2022, 13, (2), 681-721 View citations (15)
   See also Working Paper Social Distancing and Supply Disruptions in a Pandemic, CEPR Discussion Papers (2020) View citations (96) (2020)

2020

3. Employment, wages and optimal monetary policy
   Journal of Monetary Economics, 2020, 112, (C), 77-96 View citations (3)
   See also Working Paper Employment, Wages and Optimal Monetary Policy, Finance and Economics Discussion Series (2017) View citations (3) (2017)

2019

4. Macroeconomic policy games
   Journal of Monetary Economics, 2019, 101, (C), 64-81 View citations (30)
   See also Working Paper Macroeconomic Policy Games, Finance and Economics Discussion Series (2014) View citations (26) (2014)
5. On Targeting Frameworks And Optimal Monetary Policy
   Journal of Money, Credit and Banking, 2019, 51, (8), 2077-2113 View citations (6)
   See also Working Paper On Targeting Frameworks and Optimal Monetary Policy, Finance and Economics Discussion Series (2017) (2017)

2018

6. Commodity prices and labour market dynamics in small open economies
   Journal of International Economics, 2018, 115, (C), 170-184 View citations (7)
   See also Working Paper Commodity Prices and Labour Market Dynamics in Small Open Economies, Finance and Economics Discussion Series (2017) (2017)

2017

7. The effects of foreign shocks when interest rates are at zero
   Canadian Journal of Economics, 2017, 50, (3), 660-684 View citations (11)
   Also in Canadian Journal of Economics/Revue canadienne d'économique, 2017, 50, (3), 660-684 (2017) View citations (10)
   See also Working Paper The Effects of Foreign Shocks When Interest Rates Are at Zero, CEPR Discussion Papers (2010) View citations (20) (2010)

2013

8. Equilibrium stability in open economy models
   Journal of Macroeconomics, 2013, 35, (C), 1-13 View citations (1)
9. Oil shocks and the zero bound on nominal interest rates
   Journal of International Money and Finance, 2013, 32, (C), 941-967 View citations (74)
   See also Working Paper Oil shocks and the zero bound on nominal interest rates, International Finance Discussion Papers (2010) View citations (7) (2010)

2012

10. Imperfect credibility and the zero lower bound
    Journal of Monetary Economics, 2012, 59, (2), 135-149 View citations (94)
11. Monetary Policy Responses to Oil Price Fluctuations
    IMF Economic Review, 2012, 60, (4), 470-504 View citations (182)
    See also Working Paper Monetary policy responses to oil price fluctuations, CEPR Discussion Papers (2012) View citations (182) (2012)

2011

12. Closing large open economy models
    Journal of International Economics, 2011, 84, (2), 160-177 View citations (30)
    See also Working Paper Closing Large Open Economy Models, International Finance Discussion Papers (2006) View citations (17) (2006)
13. Oil shocks and external adjustment
    Journal of International Economics, 2011, 83, (2), 168-184 View citations (238)
    See also Working Paper Oil Shocks and External Adjustment, 2008 Meeting Papers (2008) View citations (3) (2008)

2010

14. Trade elasticity of substitution and equilibrium dynamics
    Journal of Economic Theory, 2010, 145, (3), 1033-1059 View citations (26)
    See also Working Paper Trade Elasticity of Substitution and Equilibrium Dynamics, 2009 Meeting Papers (2009) (2009)

2009

15. Of Nutters and Doves
    The B.E. Journal of Macroeconomics, 2009, 9, (1), 22 View citations (1)
    See also Working Paper Of nutters and doves, International Finance Discussion Papers (2006) (2006)

2008

16. CAN THE U.S. MONETARY POLICY FALL (AGAIN) IN AN EXPECTATION TRAP?
    Macroeconomic Dynamics, 2008, 12, (5), 664-693 View citations (1)
    See also Working Paper Can the U.S. monetary policy fall (again) in an expectation trap?, International Finance Discussion Papers (2006) View citations (2) (2006)
17. International Asset Markets and Real Exchange Rate Volatility
    Review of Economic Dynamics, 2008, 11, (3), 688-705 View citations (23)
    See also Working Paper International Asset Markets and Real Exchange Rate Volatility, International Finance Discussion Papers (2006) View citations (5) (2006)
18. Optimal monetary policy with distinct core and headline inflation rates
    Journal of Monetary Economics, 2008, 55, (Supplement 1), S18-S33 View citations (109)
    See also Working Paper Optimal monetary policy with distinct core and headline inflation rates, International Finance Discussion Papers (2008) View citations (117) (2008)

2005

19. Political yardstick competition, economic integration, and constitutional choice in a federation
    Public Choice, 2005, 124, (3), 329-352 View citations (27)
    See also Working Paper Political Yardstick Competition, Economic Integration, and Constitutional Choice in a Federation, CESifo Working Paper Series (2001) View citations (16) (2001)

Chapters

2016

1. Comments on "A comparison of liquidity management tools in seven Asian economies"
   A chapter in Expanding the boundaries of monetary policy in Asia and the Pacific, 2016, vol. 88, pp 59-61