Details about Taeyoung Doh

Access statistics for papers by Taeyoung Doh.

Last updated 2023-09-30. Update your information in the RePEc Author Service.

Short-id: pdo97

Working Papers

2024

1. Heterogeneity in Household Inflation Expectations: Policy Implications
   Research Working Paper, Federal Reserve Bank of Kansas City

2023

2. Shocks, Frictions, and Policy Regimes: Understanding Inflation after the COVID-19 Pandemic
   Research Working Paper, Federal Reserve Bank of Kansas City

2022

3. Leaning Against the Data: Policymaker Communications under State-Based Forward Guidance
   Research Working Paper, Federal Reserve Bank of Kansas City
4. The Economic Effects of a Rapid Increase in the Minimum Wage: Evidence from South Korea Experiments
   Research Working Paper, Federal Reserve Bank of Kansas City View citations (2)

2020

5. Deciphering Federal Reserve Communication via Text Analysis of Alternative FOMC Statements
   Research Working Paper, Federal Reserve Bank of Kansas City View citations (9)

2019

6. Assessing Macroeconomic Tail Risks in a Data-Rich Environment
   Research Working Paper, Federal Reserve Bank of Kansas City View citations (7)

2018

7. Reconciling VAR-based Forecasts with Survey Forecasts
   Research Working Paper, Federal Reserve Bank of Kansas City

2017

8. Trend and Uncertainty in the Long-Term Real Interest Rate: Bayesian Exponential Tilting with Survey Data
   Research Working Paper, Federal Reserve Bank of Kansas City

2016

9. The Equilibrium Term Structure of Equity and Interest Rates
   Research Working Paper, Federal Reserve Bank of Kansas City View citations (3)

2015

10. Cash flow and risk premium dynamics in an equilibrium asset-pricing model with recursive preferences
    Research Working Paper, Federal Reserve Bank of Kansas City

2014

11. Yield curve and monetary policy expectations in small open economies
    Research Working Paper, Federal Reserve Bank of Kansas City View citations (3)

2012

12. The state space representation and estimation of a time-varying parameter VAR with stochastic volatility
    Research Working Paper, Federal Reserve Bank of Kansas City View citations (4)

2011

13. A Bayesian evaluation of alternative models of trend inflation
    Research Working Paper, Federal Reserve Bank of Kansas City View citations (10)
    Also in Working Papers (Old Series), Federal Reserve Bank of Cleveland (2011) View citations (17)

2009

14. Monetary Policy Regime Shifts and Inflation Persistence
    2009 Meeting Papers, Society for Economic Dynamics View citations (13)
    Also in Research Working Paper, Federal Reserve Bank of Kansas City (2008) View citations (56)
    See also Journal Article Monetary Policy Regime Shifts and Inflation Persistence, The Review of Economics and Statistics, MIT Press (2014) View citations (56) (2014)
15. Yield curve in an estimated nonlinear macro model
    Research Working Paper, Federal Reserve Bank of Kansas City View citations (8)
    See also Journal Article Yield curve in an estimated nonlinear macro model, Journal of Economic Dynamics and Control, Elsevier (2011) View citations (23) (2011)

2008

16. Long Run Risks in the Term Structure of Interest Rates: Estimation
    2008 Meeting Papers, Society for Economic Dynamics View citations (5)
    Also in Research Working Paper, Federal Reserve Bank of Kansas City (2008) View citations (4)
    See also Journal Article LONG‐RUN RISKS IN THE TERM STRUCTURE OF INTEREST RATES: ESTIMATION, Journal of Applied Econometrics, John Wiley & Sons, Ltd. (2013) View citations (2) (2013)

2007

17. What does the yield curve tell us about the Federal Reserve's implicit inflation target?
    Research Working Paper, Federal Reserve Bank of Kansas City View citations (3)
    See also Journal Article What Does the Yield Curve Tell Us about the Federal Reserve’s Implicit Inflation Target?, Journal of Money, Credit and Banking, Blackwell Publishing (2012) View citations (5) (2012)

2006

18. Non-stationary hours in a DSGE model
    Working Papers, Federal Reserve Bank of Philadelphia View citations (15)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2005) View citations (5)
    See also Journal Article Non-stationary Hours in a DSGE Model, Journal of Money, Credit and Banking, Blackwell Publishing (2007) View citations (91) (2007)

Journal Articles

2024

1. How Do Financial Markets Perceive the Balance of Risks to the Policy Rate?
   Economic Bulletin, 2024, 4

2023

2. Failure of Silicon Valley Bank Reduced Local Consumer Spending but Had Limited Effect on Aggregate Spending
   Economic Bulletin, 2023, 4
3. The Employment Effect of an Increase in the National Minimum Wage: Review of International Evidence
   Economic Review, 2023, vol. 108, (no. 2), 15
   Also in Economic Review, 2023, vol. 108, (no. 2), 15 (2023)

2022

4. A new approach to integrating expectations into VAR models
   Journal of Monetary Economics, 2022, 132, (C), 24-43 View citations (4)
5. Have Lags in Monetary Policy Transmission Shortened?
   Economic Bulletin, 2022, (December 21, 2022), 3 View citations (1)
6. Monetary Policy Stance Is Tighter than Federal Funds Rate
   FRBSF Economic Letter, 2022, 2022, (30), 5 View citations (7)

2021

7. How You Say It Matters: Text Analysis of FOMC Statements Using Natural Language Processing
   Economic Review, 2021, 106, (no.1), 25-40 View citations (2)
8. To Improve the Accuracy of GDP Growth Forecasts, Add Financial Market Conditions
   Economic Bulletin, 2021, (June 2, 2021), 5

2019

9. Assessing the Risk of Extreme Unemployment Outcomes
   Economic Bulletin, 2019, (Aug 28, 2019), 4 View citations (1)
10. Tracking U.S. GDP in Real Time
    Economic Review, 2019, (Q III), 5-19 View citations (1)

2018

11. Has the Anchoring of Inflation Expectations Changed in the United States during the Past Decade?
    Economic Review, 2018, (Q I), 31-58 View citations (9)
12. Revamping the Kansas City Financial Stress Index Using the Treasury Repo Rate
    Macro Bulletin, 2018, (October 24, 2018), 1-2 View citations (2)

2017

13. Changing Credit Profile of Consumers: Aging Versus the Business Cycle
    Macro Bulletin, 2017, 1-4

2016

14. Measuring the Stance of Monetary Policy on and off the Zero Lower Bound
    Economic Review, 2016, (Q III), 5-24 View citations (13)

2015

15. Should monetary policy monitor risk premiums in financial markets?
    Macro Bulletin, 2015, 1-2
    Also in Economic Review, 2015, (Q I), 7-30 (2015)

2014

16. Evaluating alternative models of trend inflation
    International Journal of Forecasting, 2014, 30, (3), 426-448 View citations (70)
17. Monetary Policy Regime Shifts and Inflation Persistence
    The Review of Economics and Statistics, 2014, 96, (5), 862-875 View citations (56)
    See also Working Paper Monetary Policy Regime Shifts and Inflation Persistence, 2009 Meeting Papers (2009) View citations (13) (2009)

2013

18. Has the effect of monetary policy announcements on asset prices changed?
    Macro Bulletin, 2013, 3-4 View citations (2)
    Also in Economic Review, 2013, (Q III), 31-65 (2013) View citations (8)
19. LONG‐RUN RISKS IN THE TERM STRUCTURE OF INTEREST RATES: ESTIMATION
    Journal of Applied Econometrics, 2013, 28, (3), 478-497 View citations (2)
    See also Working Paper Long Run Risks in the Term Structure of Interest Rates: Estimation, 2008 Meeting Papers (2008) View citations (5) (2008)

2012

20. What Does the Yield Curve Tell Us about the Federal Reserve’s Implicit Inflation Target?
    Journal of Money, Credit and Banking, 2012, 44, (2‐3), 469-486 View citations (5)
    Also in Journal of Money, Credit and Banking, 2012, 44, 469-486 (2012) View citations (13)
    See also Working Paper What does the yield curve tell us about the Federal Reserve's implicit inflation target?, Research Working Paper (2007) View citations (3) (2007)

2011

21. Is unemployment helpful in understanding inflation?
    Economic Review, 2011, 96, (Q IV), 5-26 View citations (1)
22. Yield curve in an estimated nonlinear macro model
    Journal of Economic Dynamics and Control, 2011, 35, (8), 1229-1244 View citations (23)
    See also Working Paper Yield curve in an estimated nonlinear macro model, Research Working Paper (2009) View citations (8) (2009)

2010

23. The efficacy of large-scale asset purchases at the zero lower bound
    Economic Review, 2010, 95, (Q II), 5-34 View citations (42)

2007

24. Non-stationary Hours in a DSGE Model
    Journal of Money, Credit and Banking, 2007, 39, (6), 1357-1373 View citations (91)
    Also in Journal of Money, Credit and Banking, 2007, 39, (6), 1357-1373 (2007) View citations (6)
    See also Working Paper Non-stationary hours in a DSGE model, Working Papers (2006) View citations (15) (2006)

2004

25. Analysis of loan guarantees among the Korean Chaebol affiliates
    International Economic Journal, 2004, 18, (2), 161-178 View citations (5)