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Details about Hess Thomas Chung

Workplace:Macroeconomic and Quantitative Studies Section, Federal Reserve Board (Board of Governors of the Federal Reserve System), (more information at EDIRC)

Access statistics for papers by Hess Thomas Chung.

Last updated 2023-02-24. Update your information in the RePEc Author Service.

Short-id: pch957


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Working Papers

2023

  1. Balance Sheet Policies in an Evolving Economy: Some Modelling Advances and Illustrative Simulations
    FEDS Notes, Board of Governors of the Federal Reserve System (U.S.) Downloads
  2. Endogenous Labor Supply in an Estimated New-Keynesian Model: Nominal versus Real Rigidities
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) Downloads

2020

  1. 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.) Downloads View citations (8)
  2. Considerations Regarding Inflation Ranges
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) Downloads View citations (4)
  3. Latent Variables Analysis in Structural Models: A New Decomposition of the Kalman Smoother
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) Downloads

2019

  1. Monetary Policy Options at the Effective Lower Bound: Assessing the Federal Reserve's Current Policy Toolkit
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) Downloads View citations (21)

2018

  1. Optimal Monetary Policy in a DSGE Model with Attenuated Forward Guidance Effects
    FEDS Notes, Board of Governors of the Federal Reserve System (U.S.) Downloads View citations (3)
  2. Simulating the Macroeconomic Effects of Unconventional Monetary Policies
    FEDS Notes, Board of Governors of the Federal Reserve System (U.S.) Downloads View citations (2)

2015

  1. Assessing the Change in Labor Market Conditions
    Working Papers (Old Series), Federal Reserve Bank of Cleveland Downloads View citations (2)
    Also in FEDS Notes, Board of Governors of the Federal Reserve System (U.S.) (2014) Downloads View citations (6)
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2014) Downloads View citations (8)
  2. The Effects of Forward Guidance in Three Macro Models
    FEDS Notes, Board of Governors of the Federal Reserve System (U.S.) Downloads View citations (4)

2014

  1. Effective Monetary Policy Strategies in New Keynesian Models: A Re-examination
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (11)
    See also Chapter Effective Monetary Policy Strategies in New Keynesian Models: A Reexamination, NBER Chapters, National Bureau of Economic Research, Inc (2014) Downloads View citations (13) (2014)
  2. Updating the Labor Market Conditions Index
    FEDS Notes, Board of Governors of the Federal Reserve System (U.S.) Downloads

2011

  1. Have we underestimated the likelihood and severity of zero lower bound events?
    Working Paper Series, Federal Reserve Bank of San Francisco Downloads View citations (64)

2010

  1. Documentation of the Estimated, Dynamic, Optimization-based (EDO) model of the U.S. economy: 2010 version
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) Downloads View citations (32)

2007

  1. What Has Financed Government Debt?
    CAEPR Working Papers, Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington Downloads View citations (88)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2007) Downloads View citations (86)

2005

  1. Monetary and fiscal policy switching
    Research Working Paper, Federal Reserve Bank of Kansas City Downloads View citations (6)
    Also in Computing in Economics and Finance 2004, Society for Computational Economics (2004) Downloads View citations (22)
    NBER Working Papers, National Bureau of Economic Research, Inc (2004) Downloads View citations (28)
    Econometric Society 2004 North American Summer Meetings, Econometric Society (2004) Downloads View citations (20)

    See also Journal Article Monetary and Fiscal Policy Switching, Journal of Money, Credit and Banking, Blackwell Publishing (2007) View citations (132) (2007)

Journal Articles

2011

  1. Estimating the macroeconomic effects of the Fed’s asset purchases
    FRBSF Economic Letter, 2011, (jan31) Downloads View citations (11)

2007

  1. Monetary and Fiscal Policy Switching
    Journal of Money, Credit and Banking, 2007, 39, (4), 809-842 View citations (132)
    See also Working Paper Monetary and fiscal policy switching, Research Working Paper (2005) Downloads View citations (6) (2005)

Chapters

2014

  1. Effective Monetary Policy Strategies in New Keynesian Models: A Reexamination
    A chapter in NBER Macroeconomics Annual 2014, Volume 29, 2014, pp 289-344 Downloads View citations (13)
    See also Working Paper Effective Monetary Policy Strategies in New Keynesian Models: A Re-examination, National Bureau of Economic Research, Inc (2014) Downloads View citations (11) (2014)
 
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