Details about Thomas Drechsel

Access statistics for papers by Thomas Drechsel.

Last updated 2024-10-08. Update your information in the RePEc Author Service.

Short-id: pdr141

Working Papers

2024

1. Estimating the Effects of Political Pressure on the Fed: A Narrative Approach with New Data
   NBER Working Papers, National Bureau of Economic Research, Inc
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2023)
2. Identifying Monetary Policy Shocks: A Natural Language Approach
   NBER Working Papers, National Bureau of Economic Research, Inc
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2022)
3. Income Inequality and Job Creation
   NBER Working Papers, National Bureau of Economic Research, Inc
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2022)
   Staff Reports, Federal Reserve Bank of New York (2022) View citations (1)
4. The Long and Variable Lags of Monetary Policy: Evidence from Disaggregated Price Indices
   NBER Working Papers, National Bureau of Economic Research, Inc
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2024)
   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) (2024)

2023

5. Advances in Nowcasting Economic Activity: The Role of Heterogeneous Dynamics and Fat Tails
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   See also Journal Article Advances in nowcasting economic activity: The role of heterogeneous dynamics and fat tails, Journal of Econometrics, Elsevier (2024) (2024)
6. Does Income Inequality Affect Small Firms?
   Liberty Street Economics, Federal Reserve Bank of New York

2022

7. Earnings-Based Borrowing Constraints and Macroeconomic Fluctuations
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   Also in 2018 Papers, Job Market Papers (2018) View citations (7)
   See also Journal Article Earnings-Based Borrowing Constraints and Macroeconomic Fluctuations, American Economic Journal: Macroeconomics, American Economic Association (2023) View citations (4) (2023)
8. Macroprudential policy with earnings-based borrowing constraints
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   See also Journal Article Macroprudential policy with earnings-based borrowing constraints, Journal of Monetary Economics, Elsevier (2024) (2024)

2021

9. Advances in Nowcasting Economic Activity: Secular Trends, Large Shocks and New Data
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (30)
10. Income inequality, financial intermediation, and small firms
    BIS Working Papers, Bank for International Settlements View citations (6)

2020

11. Agnostic structural disturbances (ASDs): detecting and reducing misspecification in empirical macroeconomic models
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library View citations (8)
    Also in Discussion Papers, Centre for Macroeconomics (CFM) (2018) View citations (3)
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2018) View citations (7)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2018) View citations (5)
    See also Journal Article Agnostic Structural Disturbances (ASDs): Detecting and reducing misspecification in empirical macroeconomic models, Journal of Monetary Economics, Elsevier (2021) View citations (6) (2021)

2019

12. Monetary policy for commodity booms and busts
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (8)
13. The Brexit Vote, Productivity Growth and Macroeconomic Adjustments in the United Kingdom
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (14)
    Also in Discussion Papers, Monetary Policy Committee Unit, Bank of England (2019) View citations (1)
    Discussion Papers, Centre for Macroeconomics (CFM) (2019) View citations (15)

2018

14. Commodity booms and busts in emerging economies
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library View citations (92)
    Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2017) View citations (10)
    Discussion Papers, Centre for Macroeconomics (CFM) (2017) View citations (11)
    NBER Working Papers, National Bureau of Economic Research, Inc (2017) View citations (11)
    See also Journal Article Commodity booms and busts in emerging economies, Journal of International Economics, Elsevier (2018) View citations (95) (2018)
    Chapter Commodity Booms and Busts in Emerging Economies, NBER Chapters, National Bureau of Economic Research, Inc (2017) View citations (11) (2017)

2017

15. Tracking the slowdown in long-run GDP growth
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library View citations (84)
    Also in Discussion Papers, Centre for Macroeconomics (CFM) (2016) View citations (31)
    Bank of England working papers, Bank of England (2016) View citations (10)
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2016) View citations (33)
    See also Journal Article Tracking the Slowdown in Long-Run GDP Growth, The Review of Economics and Statistics, MIT Press (2017) View citations (89) (2017)

2014

16. Following the Trend: Tracking GDP when Long-Run Growth is Uncertain
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (7)

Journal Articles

2024

1. Advances in nowcasting economic activity: The role of heterogeneous dynamics and fat tails
   Journal of Econometrics, 2024, 238, (2)
   See also Working Paper Advances in Nowcasting Economic Activity: The Role of Heterogeneous Dynamics and Fat Tails, CEPR Discussion Papers (2023) (2023)
2. Macroprudential policy with earnings-based borrowing constraints
   Journal of Monetary Economics, 2024, 147, (C)
   See also Working Paper Macroprudential policy with earnings-based borrowing constraints, CEPR Discussion Papers (2022) (2022)
3. The Brexit Vote, Productivity Growth, and Macroeconomic Adjustments in the U.K
   The Review of Economic Studies, 2024, 91, (4), 2104-2134

2023

4. Earnings-Based Borrowing Constraints and Macroeconomic Fluctuations
   American Economic Journal: Macroeconomics, 2023, 15, (2), 1-34 View citations (4)
   See also Working Paper Earnings-Based Borrowing Constraints and Macroeconomic Fluctuations, CEPR Discussion Papers (2022) (2022)

2021

5. Agnostic Structural Disturbances (ASDs): Detecting and reducing misspecification in empirical macroeconomic models
   Journal of Monetary Economics, 2021, 117, (C), 258-277 View citations (6)
   See also Working Paper Agnostic structural disturbances (ASDs): detecting and reducing misspecification in empirical macroeconomic models, LSE Research Online Documents on Economics (2020) View citations (8) (2020)

2018

6. Commodity booms and busts in emerging economies
   Journal of International Economics, 2018, 112, (C), 200-218 View citations (95)
   See also Chapter Commodity Booms and Busts in Emerging Economies, NBER Chapters, 2017 (2017) View citations (11) (2017)
   Working Paper Commodity booms and busts in emerging economies, LSE Research Online Documents on Economics (2018) View citations (92) (2018)

2017

7. Tracking the Slowdown in Long-Run GDP Growth
   The Review of Economics and Statistics, 2017, 99, (2), 343-356 View citations (89)
   See also Working Paper Tracking the slowdown in long-run GDP growth, LSE Research Online Documents on Economics (2017) View citations (84) (2017)

2016

8. Who Borrows from the Lender of Last Resort?
   Journal of Finance, 2016, 71, (5), 1933-1974 View citations (187)

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
   See also Working Paper The Long and Variable Lags of Monetary Policy: Evidence from Disaggregated Price Indices, National Bureau of Economic Research, Inc (2024) (2024)

2017

2. Commodity Booms and Busts in Emerging Economies
   A chapter in NBER International Seminar on Macroeconomics 2017, 2017 View citations (11)
   See also Working Paper Commodity booms and busts in emerging economies, London School of Economics and Political Science, LSE Library (2018) View citations (92) (2018)
   Journal Article Commodity booms and busts in emerging economies, Elsevier (2018) View citations (95) (2018)