Details about Marco Del Negro

Homepage:	http://www.newyorkfed.org/research/economists/delnegro/
Postal address:	Federal Reserve Bank of New York 33 Liberty Street NY NY 10045
Workplace:	Research and Statistics Group, Federal Reserve Bank of New York, (more information at EDIRC)

Access statistics for papers by Marco Del Negro.

Last updated 2024-02-07. Update your information in the RePEc Author Service.

Short-id: pde35

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Working Papers

2024

1. A Bayesian Approach for Inference on Probabilistic Surveys
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   Also in Staff Reports, Federal Reserve Bank of New York (2022)
2. Are Professional Forecasters Overconfident?
   Liberty Street Economics, Federal Reserve Bank of New York
3. Can Professional Forecasters Predict Uncertain Times?
   Liberty Street Economics, Federal Reserve Bank of New York
4. On the Distributional Consequences of Responding Aggressively to Inflation
   Liberty Street Economics, Federal Reserve Bank of New York
5. On the Distributional Effects of Inflation and Inflation Stabilization
   Liberty Street Economics, Federal Reserve Bank of New York
6. The NY Fed DSGE Model: A Post-Covid Assessment
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   See also Journal Article The NY Fed DSGE Model: A Post-COVID Assessment, AEA Papers and Proceedings, American Economic Association (2024) (2024)
7. The New York Fed DSGE Model: A Post-Covid Assessment
   Staff Reports, Federal Reserve Bank of New York View citations (1)

2023

8. A Bayesian VAR Model Perspective on the Lagged Effect of Monetary Policy
   Liberty Street Economics, Federal Reserve Bank of New York
9. Estimating HANK for Central Banks
   Staff Reports, Federal Reserve Bank of New York
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2023)
10. Financial Stability and Interest Rates
    Liberty Street Economics, Federal Reserve Bank of New York
11. Financial Vulnerability and Macroeconomic Fragility
    Liberty Street Economics, Federal Reserve Bank of New York
12. Is the Green Transition Inflationary?
    Liberty Street Economics, Federal Reserve Bank of New York View citations (9)
    Also in Staff Reports, Federal Reserve Bank of New York (2023) View citations (9)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2023)
13. Measuring the Financial Stability Real Interest Rate, r**
    Liberty Street Economics, Federal Reserve Bank of New York
14. The Evolution of Short-Run r* after the Pandemic
    Liberty Street Economics, Federal Reserve Bank of New York
15. The New York Fed DSGE Model Forecast— September 2023
    Liberty Street Economics, Federal Reserve Bank of New York View citations (1)
16. The New York Fed DSGE Model Perspective on the Lagged Effect of Monetary Policy
    Liberty Street Economics, Federal Reserve Bank of New York
17. The Post-Pandemic r*
    Liberty Street Economics, Federal Reserve Bank of New York

2022

18. Climate Change: Implications for Macroeconomics
    Liberty Street Economics, Federal Reserve Bank of New York
19. Disinflation Policies with a Flat Phillips Curve
    Liberty Street Economics, Federal Reserve Bank of New York
20. Drivers of Inflation: The New York Fed DSGE Model’s Perspective
    Liberty Street Economics, Federal Reserve Bank of New York View citations (5)
21. The Effect of Inequality on the Transmission of Monetary and Fiscal Policy
    Liberty Street Economics, Federal Reserve Bank of New York
22. The Effect of Monetary and Fiscal Policy on Inequality
    Liberty Street Economics, Federal Reserve Bank of New York
23. r*: Definition, Uses, Measurement, and Drivers
    RBA Annual Conference Papers, Reserve Bank of Australia

2021

24. Hey, Economist! Tell Us about the New Applied Macroeconomics and Econometrics Center
    Liberty Street Economics, Federal Reserve Bank of New York
25. The Financial (In)Stability Real Interest Rate, R**
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.)
    Also in Staff Reports, Federal Reserve Bank of New York (2020)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020)

2020

26. Online Estimation of DSGE Models
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
    Also in Liberty Street Economics, Federal Reserve Bank of New York (2019)
    Staff Reports, Federal Reserve Bank of New York (2019)
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2019) View citations (1)
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2020) View citations (2)
    See also Journal Article Online estimation of DSGE models, The Econometrics Journal, Royal Economic Society (2021) View citations (7) (2021)
27. What's up with the Phillips Curve?
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (17)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2020) View citations (5)
    Working Paper Series, European Central Bank (2020) View citations (5)
    Liberty Street Economics, Federal Reserve Bank of New York (2020) View citations (4)
    See also Journal Article What's Up with the Phillips Curve?, Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution (2020) View citations (8) (2020)

2019

28. Global Trends in Interest Rates
    Liberty Street Economics, Federal Reserve Bank of New York View citations (75)
    Also in Working Papers, Federal Reserve Bank of Dallas (2018) View citations (10)
    NBER Working Papers, National Bureau of Economic Research, Inc (2018) View citations (31)
    Staff Reports, Federal Reserve Bank of New York (2018) View citations (8)
    2019 Meeting Papers, Society for Economic Dynamics (2019) View citations (114)
    See also Chapter Global Trends in Interest Rates, NBER Chapters, National Bureau of Economic Research, Inc (2018) View citations (31) (2018)
    Journal Article Global trends in interest rates, Journal of International Economics, Elsevier (2019) View citations (86) (2019)

2018

29. A DSGE Perspective on Safety, Liquidity, and Low Interest Rates
    Liberty Street Economics, Federal Reserve Bank of New York
30. A New Perspective on Low Interest Rates
    Liberty Street Economics, Federal Reserve Bank of New York
31. A Time-Series Perspective on Safety, Liquidity, and Low Interest Rates
    Liberty Street Economics, Federal Reserve Bank of New York
32. DSGE forecasts of the lost recovery
    Staff Reports, Federal Reserve Bank of New York View citations (1)
    See also Journal Article DSGE forecasts of the lost recovery, International Journal of Forecasting, Elsevier (2019) View citations (12) (2019)
33. Fiscal Implications of the Federal Reserve's Balance Sheet Normalization
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (3)
    Also in FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2018) View citations (2)
    Working Papers, Federal Reserve Bank of Minneapolis (2018) View citations (3)
    FEDS Notes, Board of Governors of the Federal Reserve System (U.S.) (2018) View citations (3)
    Staff Reports, Federal Reserve Bank of New York (2018) View citations (10)
    FEDS Notes, Board of Governors of the Federal Reserve System (U.S.) (2018) View citations (5)
    Liberty Street Economics, Federal Reserve Bank of New York (2018) View citations (1)
    See also Journal Article Fiscal Implications of the Federal Reserve's Balance Sheet Normalization, International Journal of Central Banking, International Journal of Central Banking (2019) View citations (7) (2019)
34. Forecasts of the Lost Recovery
    Liberty Street Economics, Federal Reserve Bank of New York

2017

35. Forecasting with Julia
    Liberty Street Economics, Federal Reserve Bank of New York
36. Safety, Liquidity, and the Natural Rate of Interest
    2017 Meeting Papers, Society for Economic Dynamics View citations (200)
    Also in Staff Reports, Federal Reserve Bank of New York (2017) View citations (96)
    See also Journal Article Safety, Liquidity, and the Natural Rate of Interest, Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution (2017) View citations (200) (2017)

2016

37. How Do Survey- and Market-Based Expectations of the Policy Rate Differ?
    Liberty Street Economics, Federal Reserve Bank of New York View citations (2)
38. Reconciling Survey- and Market-Based Expectations for the Policy Rate
    Liberty Street Economics, Federal Reserve Bank of New York View citations (2)
39. The Forward Guidance Puzzle
    2016 Meeting Papers, Society for Economic Dynamics View citations (12)
    Also in Staff Reports, Federal Reserve Bank of New York (2012) View citations (100)
    2015 Meeting Papers, Society for Economic Dynamics (2015) View citations (241)
    See also Journal Article The Forward Guidance Puzzle, Journal of Political Economy Macroeconomics, University of Chicago Press (2023) View citations (24) (2023)
40. The Great Escape? A Quantitative Evaluation of the Fed’s Liquidity Facilities
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (14)
    Also in Staff Reports, Federal Reserve Bank of New York (2011) View citations (32)
    See also Journal Article The Great Escape? A Quantitative Evaluation of the Fed's Liquidity Facilities, American Economic Review, American Economic Association (2017) View citations (156) (2017)
41. The Macro Effects of the Recent Swing in Financial Conditions
    Liberty Street Economics, Federal Reserve Bank of New York View citations (2)

2015

42. Central Bank Solvency and Inflation
    Liberty Street Economics, Federal Reserve Bank of New York
43. Choosing the Right Policy in Real Time (Why That’s Not Easy)
    Liberty Street Economics, Federal Reserve Bank of New York
44. Combining Models for Forecasting and Policy Analysis
    Liberty Street Economics, Federal Reserve Bank of New York
45. The FRBNY DSGE Model Meets Julia
    Liberty Street Economics, Federal Reserve Bank of New York
46. Why Are Interest Rates So Low?
    Liberty Street Economics, Federal Reserve Bank of New York View citations (2)

2014

47. An Assessment of the FRBNY DSGE Model's Real-Time Forecasts, 2010-2013
    Liberty Street Economics, Federal Reserve Bank of New York
48. Dynamic Prediction Pools: An Investigation of Financial Frictions and Forecasting Performance
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (27)
    Also in PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2014) View citations (26)
    Staff Reports, Federal Reserve Bank of New York (2014) View citations (18)
    See also Journal Article Dynamic prediction pools: An investigation of financial frictions and forecasting performance, Journal of Econometrics, Elsevier (2016) View citations (122) (2016)
49. Forecasting with the FRBNY DSGE Model
    Liberty Street Economics, Federal Reserve Bank of New York
50. Inflation in the Great Recession and New Keynesian Models
    2014 Meeting Papers, Society for Economic Dynamics View citations (26)
    Also in Staff Reports, Federal Reserve Bank of New York (2013) View citations (10)
    NBER Working Papers, National Bureau of Economic Research, Inc (2014) View citations (27)
    See also Journal Article Inflation in the Great Recession and New Keynesian Models, American Economic Journal: Macroeconomics, American Economic Association (2015) View citations (239) (2015)
51. The FRBNY DSGE Model Forecast
    Liberty Street Economics, Federal Reserve Bank of New York
52. When does a central bank's balance sheet require fiscal support?
    2014 Meeting Papers, Society for Economic Dynamics View citations (6)
    Also in Staff Reports, Federal Reserve Bank of New York (2014) View citations (23)
    See also Journal Article When does a central bank׳s balance sheet require fiscal support?, Journal of Monetary Economics, Elsevier (2015) View citations (163) (2015)
53. Why Didn’t Inflation Collapse in the Great Recession?
    Liberty Street Economics, Federal Reserve Bank of New York

2013

54. A History of SOMA Income
    Liberty Street Economics, Federal Reserve Bank of New York
55. More Than Meets the Eye: Some Fiscal Implications of Monetary Policy
    Liberty Street Economics, Federal Reserve Bank of New York
56. Rare Shocks, Great Recessions
    Working Paper Series, Federal Reserve Bank of San Francisco View citations (8)
    Also in Staff Reports, Federal Reserve Bank of New York (2012) View citations (3)
    2012 Meeting Papers, Society for Economic Dynamics (2012) View citations (10)
    See also Journal Article RARE SHOCKS, GREAT RECESSIONS, Journal of Applied Econometrics, John Wiley & Sons, Ltd. (2014) View citations (105) (2014)
57. The FRBNY DSGE model
    Staff Reports, Federal Reserve Bank of New York View citations (25)
58. The Macroeconomic Effects of Forward Guidance
    Liberty Street Economics, Federal Reserve Bank of New York
59. Time-Varying Structural Vector Autoregressions and Monetary Policy: a Corrigendum
    Staff Reports, Federal Reserve Bank of New York View citations (14)
    See also Journal Article Time Varying Structural Vector Autoregressions and Monetary Policy: A Corrigendum, The Review of Economic Studies, Review of Economic Studies Ltd (2015) View citations (250) (2015)

2012

60. DSGE model-based forecasting
    Staff Reports, Federal Reserve Bank of New York View citations (46)
    See also Chapter DSGE Model-Based Forecasting, Handbook of Economic Forecasting, Elsevier (2013) View citations (171) (2013)
61. Forecasting the Great Recession: DSGE vs. Blue Chip
    Liberty Street Economics, Federal Reserve Bank of New York

2011

62. Tax Buyouts: Raising Government Revenues without Increasing Labor Tax Distortions
    Liberty Street Economics, Federal Reserve Bank of New York

2010

63. Fitting observed inflation expectations
    Staff Reports, Federal Reserve Bank of New York View citations (6)
    See also Journal Article Fitting observed inflation expectations, Journal of Economic Dynamics and Control, Elsevier (2011) View citations (101) (2011)
64. Tax Buyouts
    EIEF Working Papers Series, Einaudi Institute for Economics and Finance (EIEF) View citations (1)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2010) View citations (3)
    Staff Report, Federal Reserve Bank of Minneapolis (2010) View citations (1)
    Staff Reports, Federal Reserve Bank of New York (2010) View citations (1)
    See also Journal Article Tax buyouts, Journal of Monetary Economics, Elsevier (2010) View citations (1) (2010)
65. Tax buyouts: raising government revenue without distorting work decisions
    Economic Policy Paper, Federal Reserve Bank of Minneapolis
66. The Great Escape? A Quantitative Evaluation of the Fed’s Non-Standard Policies
    2010 Meeting Papers, Society for Economic Dynamics View citations (75)

2009

67. Modeling Inflation Expectations
    2009 Meeting Papers, Society for Economic Dynamics View citations (2)
68. The Response of Monetary Policy to Financial Distress
    2009 Meeting Papers, Society for Economic Dynamics

2008

69. Dynamic factor models with time-varying parameters: measuring changes in international business cycles
    Staff Reports, Federal Reserve Bank of New York View citations (145)
70. Forming Priors for DSGE Models (and How it Affects the Assessment of Nominal Rigidities)
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (274)
    Also in FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2006) View citations (12)
    2007 Meeting Papers, Society for Economic Dynamics (2007)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2007) View citations (26)
    Staff Reports, Federal Reserve Bank of New York (2008) View citations (178)
    See also Journal Article Forming priors for DSGE models (and how it affects the assessment of nominal rigidities), Journal of Monetary Economics, Elsevier (2008) View citations (276) (2008)
71. Inflation Dynamics in a Small Open Economy Model Under Inflation Targeting: Some Evidence From Chile
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (15)
    Also in Staff Reports, Federal Reserve Bank of New York (2008) View citations (5)
    See also Chapter Inflation Dynamics in a Small Open Economy Model under Inflation Targeting: Some Evidence from Chile, Central Banking, Analysis, and Economic Policies Book Series, Central Bank of Chile (2009) View citations (18) (2009)
72. Monetary policy analysis with potentially misspecified models
    Staff Reports, Federal Reserve Bank of New York View citations (1)
    Also in Working Paper Series, European Central Bank (2005) View citations (19)
    NBER Working Papers, National Bureau of Economic Research, Inc (2007) View citations (7)
    Working Papers, Federal Reserve Bank of Philadelphia (2005) View citations (13)
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2005) View citations (19)
    See also Journal Article Monetary Policy Analysis with Potentially Misspecified Models, American Economic Review, American Economic Association (2009) View citations (77) (2009)
73. Priors from Frequency-Domain Dummy Observations
    2008 Meeting Papers, Society for Economic Dynamics View citations (2)

2005

74. A Latent Factor Model with Global, Country, and Industry Shocks for International Stock Returns
    IMF Working Papers, International Monetary Fund View citations (11)
75. Aggregate unemployment in Krusell and Smith’s economy: a note
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta
76. Firm-Level Evidence on International Stock Market Comovement
    Kiel Working Papers, Kiel Institute for the World Economy (IfW Kiel) View citations (2)
    Also in Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank (2005) View citations (2)
    IMF Working Papers, International Monetary Fund (2003) View citations (5)
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2003) View citations (19)
    See also Journal Article Firm-Level Evidence on International Stock Market Comovement, Review of Finance, European Finance Association (2006) View citations (45) (2006)
77. Monetary policy and the house price boom across U.S. states
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta View citations (17)
78. On the Fit and Forecasting Performance of New Keynesian Models
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (85)
    Also in FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2004) View citations (31)
    Working Paper Series, European Central Bank (2005) View citations (109)
79. On the Privatization of Public Debt
    2005 Meeting Papers, Society for Economic Dynamics

2004

80. Policy predictions if the model doesn’t fit
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta View citations (7)
    See also Journal Article Policy Predictions if the Model Does Not Fit, Journal of the European Economic Association, MIT Press (2005) View citations (7) (2005)

2003

81. Discussion of Cogley and Sargent's \"Drifts and volatilities: Monetary policies and outcomes in the post WWII U.S.\"
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta View citations (5)
82. International stock returns and market integration: A regional perspective
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta View citations (7)
    Also in IMF Working Papers, International Monetary Fund (2002) View citations (13)

2002

83. International diversification strategies
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta View citations (23)
84. Priors from general equilibrium models for VARs
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta View citations (5)
    See also Journal Article Priors from General Equilibrium Models for VARS, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (2004) View citations (507) (2004)
85. The Rise in Comovement Across National Stock Markets: Market Integration or Global Bubble?
    IMF Working Papers, International Monetary Fund View citations (40)
86. The rise in comovement across national stock markets: market integration or IT bubble?
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta View citations (100)
    See also Journal Article The rise in comovement across national stock markets: market integration or IT bubble?, Journal of Empirical Finance, Elsevier (2004) View citations (130) (2004)

2000

87. Asymmetric shocks among U.S. states
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta View citations (1)
    Also in Working Papers, Centro de Investigacion Economica, ITAM (1999) View citations (2)
    See also Journal Article Asymmetric shocks among U.S. states, Journal of International Economics, Elsevier (2002) View citations (62) (2002)
88. Has monetary policy been so bad that it is better to get rid of it? the case of Mexico
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta View citations (4)
    See also Journal Article Has Monetary Policy Been so Bad that It Is Better to Get Rid of It? The Case of Mexico, Journal of Money, Credit and Banking, Blackwell Publishing (2001) View citations (28) (2001)

Journal Articles

2024

1. The NY Fed DSGE Model: A Post-COVID Assessment
   AEA Papers and Proceedings, 2024, 114, 95-100
   See also Working Paper The NY Fed DSGE Model: A Post-Covid Assessment, CEPR Discussion Papers (2024) (2024)

2023

2. The Forward Guidance Puzzle
   Journal of Political Economy Macroeconomics, 2023, 1, (1), 43 - 79 View citations (24)
   See also Working Paper The Forward Guidance Puzzle, 2016 Meeting Papers (2016) View citations (12) (2016)

2021

3. Inflation: Drivers and Dynamics 2020 Conference Summary
   Economic Commentary, 2021, 2021, (02), 7
4. Online estimation of DSGE models
   The Econometrics Journal, 2021, 24, (1), C33-C58 View citations (7)
   See also Working Paper Online Estimation of DSGE Models, NBER Working Papers (2020) View citations (1) (2020)

2020

5. What's Up with the Phillips Curve?
   Brookings Papers on Economic Activity, 2020, 51, (1 (Spring)), 301-373 View citations (8)
   See also Working Paper What's up with the Phillips Curve?, CEPR Discussion Papers (2020) View citations (17) (2020)
6. Why has inflation in the United States been so stable since the 1990s?
   Research Bulletin, 2020, 74

2019

7. DSGE forecasts of the lost recovery
   International Journal of Forecasting, 2019, 35, (4), 1770-1789 View citations (12)
   See also Working Paper DSGE forecasts of the lost recovery, Staff Reports (2018) View citations (1) (2018)
8. Fiscal Implications of the Federal Reserve's Balance Sheet Normalization
   International Journal of Central Banking, 2019, 15, (5), 255-306 View citations (7)
   See also Working Paper Fiscal Implications of the Federal Reserve's Balance Sheet Normalization, Finance and Economics Discussion Series (2018) View citations (3) (2018)
9. Global trends in interest rates
   Journal of International Economics, 2019, 118, (C), 248-262 View citations (86)
   See also Working Paper Global Trends in Interest Rates, Liberty Street Economics (2019) View citations (75) (2019)
   Chapter Global Trends in Interest Rates, NBER Chapters, 2018, 248-262 (2018) View citations (31) (2018)

2017

10. EconomicDynamics Interview: Marco Del Negro about DSGE modelling in policy
    EconomicDynamics Newsletter, 2017, 18, (1)
11. Safety, Liquidity, and the Natural Rate of Interest
    Brookings Papers on Economic Activity, 2017, 48, (1 (Spring)), 235-316 View citations (200)
    See also Working Paper Safety, Liquidity, and the Natural Rate of Interest, 2017 Meeting Papers (2017) View citations (200) (2017)
12. The Great Escape? A Quantitative Evaluation of the Fed's Liquidity Facilities
    American Economic Review, 2017, 107, (3), 824-57 View citations (156)
    See also Working Paper The Great Escape? A Quantitative Evaluation of the Fed’s Liquidity Facilities, NBER Working Papers (2016) View citations (14) (2016)

2016

13. Dynamic prediction pools: An investigation of financial frictions and forecasting performance
    Journal of Econometrics, 2016, 192, (2), 391-405 View citations (122)
    See also Working Paper Dynamic Prediction Pools: An Investigation of Financial Frictions and Forecasting Performance, NBER Working Papers (2014) View citations (27) (2014)

2015

14. Inflation in the Great Recession and New Keynesian Models
    American Economic Journal: Macroeconomics, 2015, 7, (1), 168-96 View citations (239)
    See also Working Paper Inflation in the Great Recession and New Keynesian Models, 2014 Meeting Papers (2014) View citations (26) (2014)
15. Time Varying Structural Vector Autoregressions and Monetary Policy: A Corrigendum
    The Review of Economic Studies, 2015, 82, (4), 1342-1345 View citations (250)
    See also Working Paper Time-Varying Structural Vector Autoregressions and Monetary Policy: a Corrigendum, Staff Reports (2013) View citations (14) (2013)
16. When does a central bank׳s balance sheet require fiscal support?
    Journal of Monetary Economics, 2015, 73, (C), 1-19 View citations (163)
    See also Working Paper When does a central bank's balance sheet require fiscal support?, 2014 Meeting Papers (2014) View citations (6) (2014)

2014

17. RARE SHOCKS, GREAT RECESSIONS
    Journal of Applied Econometrics, 2014, 29, (7), 1031-1052 View citations (105)
    See also Working Paper Rare Shocks, Great Recessions, Working Paper Series (2013) View citations (8) (2013)

2011

18. Fitting observed inflation expectations
    Journal of Economic Dynamics and Control, 2011, 35, (12), 2105-2131 View citations (101)
    See also Working Paper Fitting observed inflation expectations, Staff Reports (2010) View citations (6) (2010)

2010

19. Tax buyouts
    Journal of Monetary Economics, 2010, 57, (5), 576-595 View citations (1)
    See also Working Paper Tax Buyouts, EIEF Working Papers Series (2010) View citations (1) (2010)

2009

20. Monetary Policy Analysis with Potentially Misspecified Models
    American Economic Review, 2009, 99, (4), 1415-50 View citations (77)
    See also Working Paper Monetary policy analysis with potentially misspecified models, Staff Reports (2008) View citations (1) (2008)

2008

21. Forming priors for DSGE models (and how it affects the assessment of nominal rigidities)
    Journal of Monetary Economics, 2008, 55, (7), 1191-1208 View citations (276)
    See also Working Paper Forming Priors for DSGE Models (and How it Affects the Assessment of Nominal Rigidities), NBER Working Papers (2008) View citations (274) (2008)

2007

22. 99 Luftballons: Monetary policy and the house price boom across U.S. states
    Journal of Monetary Economics, 2007, 54, (7), 1962-1985 View citations (286)
23. On the Fit of New Keynesian Models
    Journal of Business & Economic Statistics, 2007, 25, 123-143 View citations (415)
24. Rejoinder
    Journal of Business & Economic Statistics, 2007, 25, 159-162

2006

25. Firm-Level Evidence on International Stock Market Comovement
    Review of Finance, 2006, 10, (1), 69-98 View citations (45)
    See also Working Paper Firm-Level Evidence on International Stock Market Comovement, Kiel Working Papers (2005) View citations (2) (2005)
26. How good is what you've got? DSGE-VAR as a toolkit for evaluating DSGE models
    Economic Review, 2006, 91, (Q 2), 21-37 View citations (24)
27. Propagación de los errores de proyección de las series de tiempo ajustadas con modelos de espacio de estado
    Economic Analysis Working Papers (2002-2010). Atlantic Review of Economics (2011-2016), 2006, 5, 1-11

2005

28. Monetary policy and learning
    Review of Economic Dynamics, 2005, 8, (2), 257-261
29. Policy Predictions if the Model Does Not Fit
    Journal of the European Economic Association, 2005, 3, (2-3), 434-443 View citations (7)
    See also Working Paper Policy predictions if the model doesn’t fit, FRB Atlanta Working Paper (2004) View citations (7) (2004)

2004

30. Priors from General Equilibrium Models for VARS
    International Economic Review, 2004, 45, (2), 643-673 View citations (507)
    See also Working Paper Priors from general equilibrium models for VARs, FRB Atlanta Working Paper (2002) View citations (5) (2002)
31. The rise in comovement across national stock markets: market integration or IT bubble?
    Journal of Empirical Finance, 2004, 11, (5), 659-680 View citations (130)
    See also Working Paper The rise in comovement across national stock markets: market integration or IT bubble?, FRB Atlanta Working Paper (2002) View citations (100) (2002)

2003

32. Take your model bowling: forecasting with general equilibrium models
    Economic Review, 2003, 88, (Q4), 35-50 View citations (15)

2002

33. Asymmetric shocks among U.S. states
    Journal of International Economics, 2002, 56, (2), 273-297 View citations (62)
    See also Working Paper Asymmetric shocks among U.S. states, FRB Atlanta Working Paper (2000) View citations (1) (2000)
34. Global banks, local crises: bad news from Argentina
    Economic Review, 2002, 87, (Q3), 89-106 View citations (7)

2001

35. Has Monetary Policy Been so Bad that It Is Better to Get Rid of It? The Case of Mexico
    Journal of Money, Credit and Banking, 2001, 33, (2), 404-33 View citations (28)
    Also in Proceedings, 2001, 404-439 (2001) View citations (25)
    See also Working Paper Has monetary policy been so bad that it is better to get rid of it? the case of Mexico, FRB Atlanta Working Paper (2000) View citations (4) (2000)
36. Introduction: Context, Issues, and Contributions
    Journal of Money, Credit and Banking, 2001, 33, (2), 303-11
    Also in Proceedings, 2001, 303-311 (2001)
37. Turn, turn, turn: Predicting turning points in economic activity
    Economic Review, 2001, 86, (Q2), 1-12 View citations (6)

Chapters

2018

1. Global Trends in Interest Rates
   A chapter in NBER International Seminar on Macroeconomics 2018, 2018, pp 248-262 View citations (31)
   See also Journal Article Global trends in interest rates, Elsevier (2019) View citations (86) (2019)
   Working Paper Global Trends in Interest Rates, Federal Reserve Bank of New York (2019) View citations (75) (2019)

2013

2. DSGE Model-Based Forecasting
   Elsevier View citations (171)
   See also Working Paper DSGE model-based forecasting, Federal Reserve Bank of New York (2012) View citations (46) (2012)

2009

3. Inflation Dynamics in a Small Open Economy Model under Inflation Targeting: Some Evidence from Chile
   Chapter 13 in Monetary Policy under Uncertainty and Learning, 2009, vol. 13, pp 511-562 View citations (18)
   See also Working Paper Inflation Dynamics in a Small Open Economy Model Under Inflation Targeting: Some Evidence From Chile, Central Bank of Chile (2008) View citations (15) (2008)