Details about Jon Faust

Access statistics for papers by Jon Faust.

Last updated 2007-02-10. Update your information in the RePEc Author Service.

Short-id: pfa9

Working Papers

2012

1. Credit spreads as predictors of real-time economic activity: a Bayesian Model-Averaging approach
   Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (5)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2011) View citations (16)
2. Posterior Predictive Analysis for Evaluating DSGE Models
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (19)

2009

3. Border prices and retail prices
   International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (21)

2008

4. Comments on Piazzesi and Schneider's \"Bond positions, expectations, and the yield curve\"
   FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta
5. Efficient Prediction of Excess Returns
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)

2007

6. Comparing Greenbook and Reduced Form Forecasts using a Large Realtime Dataset
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (43)

2005

7. Exchange rate pass-through to U.S. import prices: some new evidence
   International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (117)

2004

8. Is inflation targeting best-practice monetary policy?
   International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (51)
   See also Journal Article Is inflation targeting best-practice monetary policy?, Review, Federal Reserve Bank of St. Louis (2004) View citations (70) (2004)

2003

9. Breaks in the variability and co-movement of G-7 economic growth
   International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (40)
10. Identifying the Effects of Monetary Policy Shocks on Exchange Rates Using High Frequency Data
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (89)
    Also in International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (2002) View citations (8)
11. The high-frequency response of exchange rates and interest rates to macroeconomic announcements
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (42)

2002

12. Identifying vars based on high frequency futures data
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (15)

2001

13. An empirical comparison of Bundesbank and ECB monetary policy rules
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (60)
14. Exchange rate forecasting: the errors we've really made
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (17)

2000

15. News and noise in G-7 GDP announcements
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (69)

1999

16. Monetary policy's role in exchange rate behavior
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (60)
17. The Equilibrium Degree of Transparency and Control in Monetary Policy
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (16)
    Also in Working Papers, Stockholm - International Economic Studies (1999) View citations (16)
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (1999) View citations (55)
    NBER Working Papers, National Bureau of Economic Research, Inc (1999) View citations (17)

1998

18. The robustness of identified VAR conclusions about money
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (255)
19. Transparency and Credibility: Monetary Policy with Unobservable Goals
    Seminar Papers, Stockholm University, Institute for International Economic Studies View citations (40)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (1998) View citations (41)
    NBER Working Papers, National Bureau of Economic Research, Inc (1998) View citations (59)
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (1998) View citations (146)
    Working Papers, Stockholm - International Economic Studies (1998) View citations (35)

1997

20. General-to-specific procedures for fitting a data-admissible, theory- inspired, congruent, parsimonious, encompassing, weakly-exogenous, identified, structural model to the DGP: a translation and critique
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (12)

1996

21. Money, politics and the post-war business cycle
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (37)
22. Theoretical confidence level problems with confidence intervals for the spectrum of a time series
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (5)

1995

23. Block distributed methods for solving multi-country econometric models
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.)
24. Options, sunspots, and the creation of uncertainty
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.)
    See also Journal Article Options, Sunspots, and the Creation of Uncertainty, Journal of Political Economy, University of Chicago Press (1997) View citations (14) (1997)

1994

25. A distributed block approach to solving near-block-diagonal systems with an application to a large macroeconometric model
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.)
    See also Journal Article A Distributed Block Approach to Solving Near-Block-Diagonal Systems with an Application to a Large Macroeconometric Model, Computational Economics, Springer (1995) View citations (1) (1995)
26. When do long-run identifying restrictions give reliable results?
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (26)
    Also in FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (1994) View citations (121)
    See also Journal Article When Do Long-Run Identifying Restrictions Give Reliable Results?, Journal of Business & Economic Statistics, American Statistical Association (1997) View citations (416) (1997)

1993

27. Near observational equivalence and unit root processes: formal concepts and implications
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (10)

1992

28. Whom can we trust to run the Fed? Theoretical support for the founders' views
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (20)

1989

29. Optimal variance ratio tests for serial dependence and a test for mean reversion
    Research Working Paper, Federal Reserve Bank of Kansas City

1988

30. Supernovas in monetary theory: does the ultimate sunspot rule out money?
    Research Working Paper, Federal Reserve Bank of Kansas City
    See also Journal Article Supernovas in Monetary Theory: Does the Ultimate Sunspot Rule Out Money?, American Economic Review, American Economic Association (1989) View citations (9) (1989)
31. The variance ratio test: statistical properties and implementation
    Research Working Paper, Federal Reserve Bank of Kansas City View citations (1)

Journal Articles

2009

1. Commentary on Issues on potential growth measurement and comparison: how structural is the production function approach?
   Review, 2009, 91, (Jul), 241-246

2005

2. Introduction
   Proceedings, 2005, 1-16

2004

3. Is inflation targeting best-practice monetary policy?
   Review, 2004, 86, (Jul), 117-144 View citations (70)
   See also Working Paper Is inflation targeting best-practice monetary policy?, International Finance Discussion Papers (2004) View citations (51) (2004)
4. Summary of Papers Presented at the Conference "Models and Monetary Policy: Research in the Tradition of Dale Henderson, Richard Porter, and Peter Tinsley"
   Federal Reserve Bulletin, 2004, 90, (3), pp. 289-296

2002

5. An investigation of co-movements among the growth rates of the G-7 countries
   Federal Reserve Bulletin, 2002, 88, (Oct), 427-437 View citations (46)

1999

6. Conventional Confidence Intervals for Points on Spectrum Have Confidence Level Zero
   Econometrica, 1999, 67, (3), 629-638 View citations (8)

1997

7. Options, Sunspots, and the Creation of Uncertainty
   Journal of Political Economy, 1997, 105, (5), 957-75 View citations (14)
   See also Working Paper Options, sunspots, and the creation of uncertainty, International Finance Discussion Papers (1995) (1995)
8. When Do Long-Run Identifying Restrictions Give Reliable Results?
   Journal of Business & Economic Statistics, 1997, 15, (3), 345-53 View citations (416)
   See also Working Paper When do long-run identifying restrictions give reliable results?, International Finance Discussion Papers (1994) View citations (26) (1994)

1996

9. Inflation and growth: in search of a stable relationship - commentary
   Review, 1996, 78, (May), 147-149
   Also in Proceedings, 1996, 78, (May), 147-149 (1996)

1995

10. A Distributed Block Approach to Solving Near-Block-Diagonal Systems with an Application to a Large Macroeconometric Model
    Computational Economics, 1995, 8, (4), 303-16 View citations (1)
    See also Working Paper A distributed block approach to solving near-block-diagonal systems with an application to a large macroeconometric model, International Finance Discussion Papers (1994) (1994)

1992

11. When Are Variance Ratio Tests for Serial Dependence Optimal?
    Econometrica, 1992, 60, (5), 1215-26 View citations (31)

1990

12. Judging investment strength: taking account of high tech
    Economic Review, 1990, 75, (Nov), 5-18
13. Will higher corporate debt worsen future recessions?
    Economic Review, 1990, 75, (Mar), 19-34 View citations (3)

1989

14. Does the inverted yield curve signal a recession?
    Financial Letters, 1989, (Mar)
15. Supernovas in Monetary Theory: Does the Ultimate Sunspot Rule Out Money?
    American Economic Review, 1989, 79, (4), 872-81 View citations (9)
    See also Working Paper Supernovas in monetary theory: does the ultimate sunspot rule out money?, Research Working Paper (1988) (1988)
16. U.S. foreign indebtedness: are we investing what we borrow?
    Economic Review, 1989, 74, (Jul), 3-20

1983

17. NOW's and Super NOW's: implications for defining and measuring money
    Economic Review, 1983, 68, (Jan), 3-18

1981

18. Velocity behavior of the new monetary aggregates
    Economic Review, 1981, 66, (Sep), 3-17

Software Items

1998

1. DCT: GAUSS module to read and write Stata numeric file dictionaries
   Statistical Software Components, Boston College Department of Economics
2. LABGRAPH: Stata module to place text labels on two-way graphs
   Statistical Software Components, Boston College Department of Economics