Details about Simon Gilchrist

Homepage:	http://people.bu.edu/sgilchri
Postal address:	Dept. of Economics New York University 19 West 4th Street New York, NY, 10003
Workplace:	Department of Economics, New York University (NYU), (more information at EDIRC)

Access statistics for papers by Simon Gilchrist.

Last updated 2025-01-06. Update your information in the RePEc Author Service.

Short-id: pgi28

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Working Papers

2019

Trade Exposure and the Evolution of Inflation Dynamics
Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (2)
Also in Working Papers Central Bank of Chile, Central Bank of Chile (2019) View citations (9)
See also Chapter Trade Exposure and the Evolution of Inflation Dynamics, Central Banking, Analysis, and Economic Policies Book Series, Central Bank of Chile (2020) View citations (1) (2020)
US Monetary Policy and International Bond Markets
NBER Working Papers, National Bureau of Economic Research, Inc View citations (42)
Also in Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2018) View citations (4)
See also Journal Article U.S. Monetary Policy and International Bond Markets, Journal of Money, Credit and Banking, Blackwell Publishing (2019) View citations (1) (2019)

2018

The Real Effects of Credit Booms and Busts: A County-Level Analysis
2018 Meeting Papers, Society for Economic Dynamics View citations (17)
What Happened: Financial Factors in the Great Recession
NBER Working Papers, National Bureau of Economic Research, Inc View citations (113)
See also Journal Article What Happened: Financial Factors in the Great Recession, Journal of Economic Perspectives, American Economic Association (2018) View citations (113) (2018)

2016

Inflation Dynamics During the Financial Crisis
NBER Working Papers, National Bureau of Economic Research, Inc View citations (13)
Also in 2013 Meeting Papers, Society for Economic Dynamics (2013) View citations (13)
Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2015) View citations (20)
2014 Meeting Papers, Society for Economic Dynamics (2014) View citations (15)
Working Papers, Brandeis University, Department of Economics and International Business School (2013) View citations (46)
FRB Atlanta CQER Working Paper, Federal Reserve Bank of Atlanta (2015) View citations (38)
See also Journal Article Inflation Dynamics during the Financial Crisis, American Economic Review, American Economic Association (2017) View citations (180) (2017)
Recession Risk and the Excess Bond Premium
FEDS Notes, Board of Governors of the Federal Reserve System (U.S.) View citations (27)
The Macroeconomic Impact of Financial and Uncertainty Shocks
International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (235)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2016) View citations (351)
See also Journal Article The macroeconomic impact of financial and uncertainty shocks, European Economic Review, Elsevier (2016) View citations (320) (2016)
Updating the Recession Risk and the Excess Bond Premium
FEDS Notes, Board of Governors of the Federal Reserve System (U.S.) View citations (43)

2014

Credit Risk in the Euro Area
NBER Working Papers, National Bureau of Economic Research, Inc View citations (52)
Also in Working papers, Banque de France (2014) View citations (52)
See also Journal Article Credit Risk in the Euro Area, Economic Journal, Royal Economic Society (2018) View citations (99) (2018)
Monetary Policy and Real Borrowing Costs at the Zero Lower Bound
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (12)
Also in Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2014) View citations (4)
NBER Working Papers, National Bureau of Economic Research, Inc (2014) View citations (12)
Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2014) View citations (8)
See also Chapter Monetary Policy and Real Borrowing Costs at the Zero Lower Bound, NBER Chapters, National Bureau of Economic Research, Inc (2013) View citations (3) (2013)
Journal Article Monetary Policy and Real Borrowing Costs at the Zero Lower Bound, American Economic Journal: Macroeconomics, American Economic Association (2015) View citations (125) (2015)
Uncertainty, Financial Frictions, and Investment Dynamics
NBER Working Papers, National Bureau of Economic Research, Inc View citations (472)
Also in Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2014) View citations (288)
2010 Meeting Papers, Society for Economic Dynamics (2010) View citations (81)

2013

On the Identification of Financial and Uncertainty Shocks
2013 Meeting Papers, Society for Economic Dynamics View citations (17)
The Impact of the Federal Reserve's Large-Scale Asset Purchase Programs on Corporate Credit Risk
NBER Working Papers, National Bureau of Economic Research, Inc View citations (71)
Also in Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2013) View citations (66)
See also Journal Article The Impact of the Federal Reserve's Large-Scale Asset Purchase Programs on Corporate Credit Risk, Journal of Money, Credit and Banking, Blackwell Publishing (2013) View citations (52) (2013)

2012

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)
See also Journal Article Credit Spreads as Predictors of Real-Time Economic Activity: A Bayesian Model-Averaging Approach, The Review of Economics and Statistics, MIT Press (2013) View citations (118) (2013)
Misallocation and Financial Frictions: Some Direct Evidence From the Dispersion in Borrowing Costs
NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
Misallocation and financial market frictions: some direct evidence from the dispersion in borrowing costs
Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (2)
See also Journal Article Misallocation and Financial Market Frictions: Some Direct Evidence from the Dispersion in Borrowing Costs, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2013) View citations (114) (2013)

2011

Credit Spreads and Business Cycle Fluctuations
NBER Working Papers, National Bureau of Economic Research, Inc View citations (50)
See also Journal Article Credit Spreads and Business Cycle Fluctuations, American Economic Review, American Economic Association (2012) View citations (1270) (2012)
Misallocation Losses Owing to Financial Distortions: Direct Evidence From Dispersion in Borrowing Costs
2011 Meeting Papers, Society for Economic Dynamics

2009

Credit Market Shocks and Economic Fluctuations: Evidence from Corporate Bond and Stock Markets
2009 Meeting Papers, Society for Economic Dynamics View citations (385)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2009) View citations (423)
See also Journal Article Credit market shocks and economic fluctuations: Evidence from corporate bond and stock markets, Journal of Monetary Economics, Elsevier (2009) View citations (379) (2009)

2007

INVESTMENT DURING THE KOREAN FINANCIAL CRISIS: A STRUCTURAL ECONOMETRIC APPROACH
Boston University - Department of Economics - Working Papers Series, Boston University - Department of Economics View citations (29)
Also in 2007 Meeting Papers, Society for Economic Dynamics (2007) View citations (29)
Investment and the Cost of Capital: New Evidence from the Corporate Bond Market
NBER Working Papers, National Bureau of Economic Research, Inc View citations (72)
Also in Boston University - Department of Economics - Working Papers Series, Boston University - Department of Economics (2007) View citations (69)
Investment during the Korean Financial Crisis: A Structural Econometric Analysis
NBER Working Papers, National Bureau of Economic Research, Inc View citations (30)

2006

Expectations, Asset Prices, and Monetary Policy: The Role of Learning
NBER Working Papers, National Bureau of Economic Research, Inc View citations (37)
See also Chapter Expectations, Asset Prices, and Monetary Policy: The Role of Learning, NBER Chapters, National Bureau of Economic Research, Inc (2008) View citations (29) (2008)
Interest Rates and Investment Redux
Computing in Economics and Finance 2006, Society for Computational Economics

2005

Skill-biased Technology Adoption: Evidence for the Chilean manufacturing sector
Boston University - Department of Economics - Working Papers Series, Boston University - Department of Economics View citations (7)
Also in Boston University - Department of Economics - The Institute for Economic Development Working Papers Series, Boston University - Department of Economics (2005) View citations (7)

2004

Do Stock Price Bubbles Influence Corporate Investment?
2004 Meeting Papers, Society for Economic Dynamics View citations (18)
Also in Staff Reports, Federal Reserve Bank of New York (2004) View citations (14)
NBER Working Papers, National Bureau of Economic Research, Inc (2004) View citations (17)
See also Journal Article Do stock price bubbles influence corporate investment?, Journal of Monetary Economics, Elsevier (2005) View citations (121) (2005)
Investment, Capacity, and Uncertainty: A Putty-Clay Approach
NBER Working Papers, National Bureau of Economic Research, Inc
Also in Working Paper Series, Federal Reserve Bank of San Francisco (2002) View citations (2)
See also Journal Article Investment, Capacity, and Uncertainty: A Putty-Clay Approach, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2005) View citations (42) (2005)
Transition Dynamics in Vintage Capital Models: Explaining the Postwar Catch-Up of Germany and Japan
NBER Working Papers, National Bureau of Economic Research, Inc View citations (23)
Also in Working Papers, Federal Reserve Bank of Boston (2001) View citations (20)
Boston University - Department of Economics - The Institute for Economic Development Working Papers Series, Boston University - Department of Economics (2001) View citations (15)
Working Paper Series, Federal Reserve Bank of San Francisco (2004) View citations (16)
Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2001) View citations (13)

2003

External Constraints on Monetary Policy and the Financial Accelerator
NBER Working Papers, National Bureau of Economic Research, Inc View citations (142)
Also in BIS Working Papers, Bank for International Settlements (2003) View citations (100)
See also Journal Article External Constraints on Monetary Policy and the Financial Accelerator, Journal of Money, Credit and Banking, Blackwell Publishing (2007) View citations (80) (2007)
Financial Markets and Financial Leverage in a Two-Country World-Economy
Working Papers Central Bank of Chile, Central Bank of Chile View citations (12)
See also Chapter Financial Markets and Financial Leverage in a Two-Country World Economy, Central Banking, Analysis, and Economic Policies Book Series, Central Bank of Chile (2004) View citations (23) (2004)

2002

Monetary policy and the financial accelerator in a monetary union
International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (19)
Also in Working Paper Series, European Central Bank (2002) View citations (45)

1998

Investment, Fundamentals and Finance
NBER Working Papers, National Bureau of Economic Research, Inc View citations (174)
See also Chapter Investment: Fundamentals and Finance, NBER Chapters, National Bureau of Economic Research, Inc (1999) View citations (45) (1999)
Investment, capacity, and output: a putty-clay approach
Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (3)
Putty-Clay and Investment: A Business Cycle Analysis
NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
Also in Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (1998) View citations (31)
See also Journal Article Putty-Clay and Investment: A Business Cycle Analysis, Journal of Political Economy, University of Chicago Press (2000) View citations (127) (2000)
The Financial Accelerator in a Quantitative Business Cycle Framework
NBER Working Papers, National Bureau of Economic Research, Inc View citations (586)
Also in Working Papers, C.V. Starr Center for Applied Economics, New York University (1998) View citations (306)
See also Chapter The financial accelerator in a quantitative business cycle framework, Handbook of Macroeconomics, Elsevier (1999) View citations (3620) (1999)

1995

Evidence on the Role of Cash Flow for Investment
Working Papers, New York University, Leonard N. Stern School of Business, Department of Economics View citations (557)
Also in Working Papers, Columbia - Graduate School of Business (1995) View citations (567)
Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (1993) View citations (1)
See also Journal Article Evidence on the role of cash flow for investment, Journal of Monetary Economics, Elsevier (1995) View citations (558) (1995)
Hypothesis Testing with Two-Step GMM Estimators
Working Papers, New York University, Leonard N. Stern School of Business, Department of Economics

1994

The Financial Accelerator and the Flight to Quality
Working Papers, C.V. Starr Center for Applied Economics, New York University View citations (101)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (1994) View citations (113)
Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (1994) View citations (73)
See also Journal Article The Financial Accelerator and the Flight to Quality, The Review of Economics and Statistics, MIT Press (1996) View citations (1239) (1996)

1993

Monetary Policy, Business Cycles and the Behavior of Small Manufacturing Firms
Working Papers, C.V. Starr Center for Applied Economics, New York University View citations (17)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (1991) View citations (33)
Working Papers, C.V. Starr Center for Applied Economics, New York University (1992) View citations (8)
Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (1993) View citations (9)
See also Journal Article Monetary Policy, Business Cycles, and the Behavior of Small Manufacturing Firms, The Quarterly Journal of Economics, President and Fellows of Harvard College (1994) View citations (1352) (1994)
The cyclical behavior of short term business lending: implications for financial propagation mechanisms
Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (17)
See also Journal Article The cyclical behavior of short-term business lending: Implications for financial propagation mechanisms, European Economic Review, Elsevier (1993) View citations (46) (1993)
The role of credit market imperfections in the monetary transmission mechanism: arguments and evidence
Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (323)

Journal Articles

2024

Analyzing the Efficacy of the Fed's Secondary Market Corporate Credit Facility
Policy Hub, 2024, 2024, (5), 10
Report of the Editor, American Economic Journal: Macroeconomics
AEA Papers and Proceedings, 2024, 114, 791-99
Also in AEA Papers and Proceedings, 2022, 112, 721-28 (2022)
AEA Papers and Proceedings, 2023, 113, 757-64 (2023)
AEA Papers and Proceedings, 2019, 109, 653-59 (2019)
AEA Papers and Proceedings, 2020, 110, 703-9 (2020)
AEA Papers and Proceedings, 2021, 111, 718-24 (2021)
The Fed takes on corporate credit risk: An analysis of the efficacy of the SMCCF
Journal of Monetary Economics, 2024, 146, (C) View citations (2)
See also Working Paper The Fed Takes On Corporate Credit Risk: An Analysis of the Efficacy of the SMCCF, Working Papers (2024) View citations (2) (2024)

2023

Comment
NBER Macroeconomics Annual, 2023, 37, (1), 156 - 160
Financial heterogeneity and monetary union
Journal of Monetary Economics, 2023, 139, (C), 21-40 View citations (1)
See also Working Paper Financial heterogeneity and monetary union, BIS Working Papers (2023) View citations (1) (2023)

2022

Sovereign risk and financial risk
Journal of International Economics, 2022, 136, (C) View citations (9)
See also Chapter Sovereign Risk and Financial Risk, NBER Chapters, 2021 (2021) View citations (2) (2021)
Working Paper Sovereign Risk and Financial Risk, NBER Working Papers (2021) View citations (2) (2021)

2021

The Term Structure of the Excess Bond Premium: Measures and Implications
Policy Hub, 2021, 2021, (12) View citations (1)

2019

U.S. Monetary Policy and International Bond Markets
Journal of Money, Credit and Banking, 2019, 51, (S1), 127-161 View citations (1)
See also Working Paper US Monetary Policy and International Bond Markets, NBER Working Papers (2019) View citations (42) (2019)

2018

Credit Risk in the Euro Area
Economic Journal, 2018, 128, (608), 118-158 View citations (99)
See also Working Paper Credit Risk in the Euro Area, NBER Working Papers (2014) View citations (52) (2014)
What Happened: Financial Factors in the Great Recession
Journal of Economic Perspectives, 2018, 32, (3), 3-30 View citations (113)
See also Working Paper What Happened: Financial Factors in the Great Recession, NBER Working Papers (2018) View citations (113) (2018)

2017

Inflation Dynamics during the Financial Crisis
American Economic Review, 2017, 107, (3), 785-823 View citations (180)
See also Working Paper Inflation Dynamics During the Financial Crisis, NBER Working Papers (2016) View citations (13) (2016)

2016

The macroeconomic impact of financial and uncertainty shocks
European Economic Review, 2016, 88, (C), 185-207 View citations (320)
See also Working Paper The Macroeconomic Impact of Financial and Uncertainty Shocks, International Finance Discussion Papers (2016) View citations (235) (2016)
The response of sovereign bond yields to U.S. monetary policy
Journal Economía Chilena (The Chilean Economy), 2016, 19, (2), 102-106 View citations (10)
See also Chapter The Response of Sovereign Bond Yields to U.S. Monetary Policy, Central Banking, Analysis, and Economic Policies Book Series, 2016, 24, 257-283 (2016) View citations (9) (2016)

2015

Monetary Policy and Real Borrowing Costs at the Zero Lower Bound
American Economic Journal: Macroeconomics, 2015, 7, (1), 77-109 View citations (125)
See also Working Paper Monetary Policy and Real Borrowing Costs at the Zero Lower Bound, CEPR Discussion Papers (2014) View citations (12) (2014)
Chapter Monetary Policy and Real Borrowing Costs at the Zero Lower Bound, NBER Chapters, 2013 (2013) View citations (3) (2013)

2013

Credit Spreads as Predictors of Real-Time Economic Activity: A Bayesian Model-Averaging Approach
The Review of Economics and Statistics, 2013, 95, (5), 1501-1519 View citations (118)
See also Working Paper Credit spreads as predictors of real-time economic activity: a Bayesian Model-Averaging approach, Finance and Economics Discussion Series (2012) View citations (5) (2012)
Misallocation and Financial Market Frictions: Some Direct Evidence from the Dispersion in Borrowing Costs
Review of Economic Dynamics, 2013, 16, (1), 159-176 View citations (114)
See also Software Item Code and data files for "Misallocation and Financial Market Frictions: Some Direct Evidence from the Dispersion in Borrowing Costs", Computer Codes (2012) (2012)
Working Paper Misallocation and financial market frictions: some direct evidence from the dispersion in borrowing costs, Finance and Economics Discussion Series (2012) View citations (2) (2012)
The Impact of the Federal Reserve's Large-Scale Asset Purchase Programs on Corporate Credit Risk
Journal of Money, Credit and Banking, 2013, 45, (s2), 29-57 View citations (52)
Also in Journal of Money, Credit and Banking, 2013, 45, (s2), 29-57 (2013) View citations (25)
See also Working Paper The Impact of the Federal Reserve's Large-Scale Asset Purchase Programs on Corporate Credit Risk, NBER Working Papers (2013) View citations (71) (2013)

2012

Credit Spreads and Business Cycle Fluctuations
American Economic Review, 2012, 102, (4), 1692-1720 View citations (1270)
See also Working Paper Credit Spreads and Business Cycle Fluctuations, NBER Working Papers (2011) View citations (50) (2011)

2011

Monetary Policy and Credit Supply Shocks
IMF Economic Review, 2011, 59, (2), 195-232 View citations (59)

2009

Credit market shocks and economic fluctuations: Evidence from corporate bond and stock markets
Journal of Monetary Economics, 2009, 56, (4), 471-493 View citations (379)
See also Working Paper Credit Market Shocks and Economic Fluctuations: Evidence from Corporate Bond and Stock Markets, 2009 Meeting Papers (2009) View citations (385) (2009)

2007

Comment on: Banking and interest rates in monetary policy analysis: A quantitative exploration
Journal of Monetary Economics, 2007, 54, (5), 1508-1514 View citations (8)
External Constraints on Monetary Policy and the Financial Accelerator
Journal of Money, Credit and Banking, 2007, 39, (2‐3), 295-330 View citations (80)
Also in Journal of Money, Credit and Banking, 2007, 39, (2-3), 295-330 (2007) View citations (350)
Proceedings, 2001, (Mar) (2001) View citations (35)
See also Working Paper External Constraints on Monetary Policy and the Financial Accelerator, NBER Working Papers (2003) View citations (142) (2003)

2006

Has the development of the structured credit market affected the cost of corporate debt? - comments
Proceedings, 2006, (Nov)

2005

Do stock price bubbles influence corporate investment?
Journal of Monetary Economics, 2005, 52, (4), 805-827 View citations (121)
See also Working Paper Do Stock Price Bubbles Influence Corporate Investment?, 2004 Meeting Papers (2004) View citations (18) (2004)
Investment, Capacity, and Uncertainty: A Putty-Clay Approach
Review of Economic Dynamics, 2005, 8, (1), 1-27 View citations (42)
See also Working Paper Investment, Capacity, and Uncertainty: A Putty-Clay Approach, NBER Working Papers (2004) (2004)

2002

Houses as collateral: has the link between house prices and consumption in the U.K. changed? commentary
Economic Policy Review, 2002, 8, (May), 179-182 View citations (4)
Monetary policy and asset prices
Journal of Monetary Economics, 2002, 49, (1), 75-97 View citations (292)

2001

Identifying the liquidity effect at the daily frequency (commentary)
Review, 2001, 83, (Jul), 59-82 View citations (5)

2000

Putty-Clay and Investment: A Business Cycle Analysis
Journal of Political Economy, 2000, 108, (5), 928-960 View citations (127)
See also Working Paper Putty-Clay and Investment: A Business Cycle Analysis, NBER Working Papers (1998) View citations (8) (1998)

1996

The Financial Accelerator and the Flight to Quality
The Review of Economics and Statistics, 1996, 78, (1), 1-15 View citations (1239)
See also Working Paper The Financial Accelerator and the Flight to Quality, Working Papers (1994) View citations (101) (1994)

1995

Commercial paper, corporate finance, and the business cycle: a microeconomic perspective: A comment
Carnegie-Rochester Conference Series on Public Policy, 1995, 42, (1), 251-255
Evidence on the role of cash flow for investment
Journal of Monetary Economics, 1995, 36, (3), 541-572 View citations (558)
See also Working Paper Evidence on the Role of Cash Flow for Investment, Working Papers (1995) View citations (557) (1995)
The importance of credit for macroeconomic activity: identification through heterogeneity
Conference Series ; [Proceedings], 1995, 39, 129-173 View citations (33)
See also Chapter The Importance of Credit for Macroeconomic Activity: Identification through Heterogeneity, Palgrave Macmillan Books, 1998, 129-157 (1998) (1998)

1994

Monetary Policy, Business Cycles, and the Behavior of Small Manufacturing Firms
The Quarterly Journal of Economics, 1994, 109, (2), 309-340 View citations (1352)
See also Working Paper Monetary Policy, Business Cycles and the Behavior of Small Manufacturing Firms, Working Papers (1993) View citations (17) (1993)

1993

The cyclical behavior of short-term business lending: Implications for financial propagation mechanisms
European Economic Review, 1993, 37, (2-3), 623-631 View citations (46)
See also Working Paper The cyclical behavior of short term business lending: implications for financial propagation mechanisms, Finance and Economics Discussion Series (1993) View citations (17) (1993)

Chapters

2022

Comment on "A Reassessment of Monetary Policy Surprises and High-Frequency Identification"
A chapter in NBER Macroeconomics Annual 2022, volume 37, 2022, pp 156-160

2021

Sovereign Risk and Financial Risk
A chapter in NBER International Seminar on Macroeconomics 2021, 2021 View citations (2)
See also Journal Article Sovereign risk and financial risk, Elsevier (2022) View citations (9) (2022)
Working Paper Sovereign Risk and Financial Risk, National Bureau of Economic Research, Inc (2021) View citations (2) (2021)

2020

Trade Exposure and the Evolution of Inflation Dynamics
Chapter 06 in Changing Inflation Dynamics,Evolving Monetary Policy, 2020, vol. 27, pp 173-226 View citations (1)
See also Working Paper Trade Exposure and the Evolution of Inflation Dynamics, Board of Governors of the Federal Reserve System (U.S.) (2019) View citations (2) (2019)

2016

The Response of Sovereign Bond Yields to U.S. Monetary Policy
Chapter 08 in Monetary Policy through Asset Markets: Lessons from Unconventional Measures and Implications for an Integrated World, 2016, vol. 24, pp 257-283 View citations (9)
See also Journal Article The response of sovereign bond yields to U.S. monetary policy, Central Bank of Chile (2016) View citations (10) (2016)

2013

Liquidity Mismatch Measurement
A chapter in Risk Topography: Systemic Risk and Macro Modeling, 2013, pp 99-112 View citations (23)
Monetary Policy and Real Borrowing Costs at the Zero Lower Bound
A chapter in Lessons from the Financial Crisis for Monetary Policy, 2013 View citations (3)
See also Working Paper Monetary Policy and Real Borrowing Costs at the Zero Lower Bound, C.E.P.R. Discussion Papers (2014) View citations (12) (2014)
Journal Article Monetary Policy and Real Borrowing Costs at the Zero Lower Bound, American Economic Association (2015) View citations (125) (2015)

2012

Bank Lending and Credit Supply Shocks
Palgrave Macmillan View citations (14)

2011

Improving Our Ability to Monitor Bank Lending
A chapter in Risk Topography: Systemic Risk and Macro Modeling, 2011, pp 149-161 View citations (6)

2008

Expectations, Asset Prices, and Monetary Policy: The Role of Learning
A chapter in Asset Prices and Monetary Policy, 2008, pp 45-102 View citations (29)
See also Working Paper Expectations, Asset Prices, and Monetary Policy: The Role of Learning, National Bureau of Economic Research, Inc (2006) View citations (37) (2006)

2005

Trade Orientation and Labor Market Evolution: Evidence from Chilean Plant-level Data
Chapter 13 in Labor Markets and Institutions, 2005, vol. 8, pp 411-435 View citations (14)

2004

Financial Markets and Financial Leverage in a Two-Country World Economy
Chapter 2 in Banking Market Structure and Monetary Policy, 2004, vol. 7, pp 027-058 View citations (23)
See also Working Paper Financial Markets and Financial Leverage in a Two-Country World-Economy, Central Bank of Chile (2003) View citations (12) (2003)

1999

Investment: Fundamentals and Finance
A chapter in NBER Macroeconomics Annual 1998, volume 13, 1999, pp 223-274 View citations (45)
See also Working Paper Investment, Fundamentals and Finance, National Bureau of Economic Research, Inc (1998) View citations (174) (1998)
The financial accelerator in a quantitative business cycle framework
Chapter 21 in Handbook of Macroeconomics, 1999, vol. 1, Part C, pp 1341-1393 View citations (3620)
See also Working Paper The Financial Accelerator in a Quantitative Business Cycle Framework, National Bureau of Economic Research, Inc (1998) View citations (586) (1998)

1998

The Importance of Credit for Macroeconomic Activity: Identification through Heterogeneity
Palgrave Macmillan
See also Journal Article The importance of credit for macroeconomic activity: identification through heterogeneity, Federal Reserve Bank of Boston (1995) View citations (33) (1995)

Software Items

2012

Code and data files for "Misallocation and Financial Market Frictions: Some Direct Evidence from the Dispersion in Borrowing Costs"
Computer Codes, Review of Economic Dynamics
See also Journal Article Misallocation and Financial Market Frictions: Some Direct Evidence from the Dispersion in Borrowing Costs, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2013) View citations (114) (2013)

Editor

American Economic Journal: Macroeconomics
American Economic Association