Details about Yuriy Gorodnichenko

Homepage:	http://www.econ.berkeley.edu/~ygorodni/index.htm
Workplace:	Department of Economics, University of California-Berkeley, (more information at EDIRC) National Bureau of Economic Research (NBER), (more information at EDIRC) Institute of Labor Economics (IZA), (more information at EDIRC)

Access statistics for papers by Yuriy Gorodnichenko.

Last updated 2024-10-02. Update your information in the RePEc Author Service.

Short-id: pgo175

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Working Papers

2024

1. Higher-Order Beliefs and Risky Asset Holdings
   IZA Discussion Papers, Institute of Labor Economics (IZA)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2024)
   NBER Working Papers, National Bureau of Economic Research, Inc (2024)
2. Keeping Up With The Jansens: Causal Peer Effects On Household Spending, Beliefs And Happiness
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2024)
   Working Papers, DNB (2024)
   IZA Discussion Papers, Institute of Labor Economics (IZA) (2024)
3. On Eliciting Subjective Probability Distributions of Expectations
   NBER Working Papers, National Bureau of Economic Research, Inc
4. SAFE to Update Inflation Expectations? New Survey Evidence on Euro Area Firms
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
   Also in IZA Discussion Papers, Institute of Labor Economics (IZA) (2024) View citations (1)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2024)
   Working Paper Series, European Central Bank (2024) View citations (1)
5. Tell me something I don’t already know: learning in low and high-inflation settings
   Working Paper Series, European Central Bank
   Also in IZA Discussion Papers, Institute of Labor Economics (IZA) (2023) View citations (4)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2023)
   FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2023) View citations (4)
   NBER Working Papers, National Bureau of Economic Research, Inc (2023) View citations (2)
6. The Causal Effects of Inflation Uncertainty on Households' Beliefs and Actions
   IZA Discussion Papers, Institute of Labor Economics (IZA)

2023

7. Cultural Distance, Firm Boundaries, and Global Sourcing
   CESifo Working Paper Series, CESifo
   See also Journal Article Cultural distance, firm boundaries, and global sourcing, Journal of Development Economics, Elsevier (2024) (2024)
8. Do You Even Crypto, Bro? Cryptocurrencies in Household Finance
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
   Also in IZA Discussion Papers, Institute of Labor Economics (IZA) (2023) View citations (3)
9. Forward Guidance and Household Expectations
   Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley View citations (18)
   Also in CESifo Working Paper Series, CESifo (2020) View citations (72)
   Working Papers, Becker Friedman Institute for Research In Economics (2020) View citations (73)
   NBER Working Papers, National Bureau of Economic Research, Inc (2020) View citations (72)
   Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley (2020) View citations (66)
   IZA Discussion Papers, Institute of Labor Economics (IZA) (2020) View citations (72)
   Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley (2022) View citations (6)
   Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley (2020) View citations (66)
   See also Journal Article Forward Guidance and Household Expectations, Journal of the European Economic Association, European Economic Association (2023) (2023)
10. How Does Consumption Respond to News about Inflation? Field Evidence from a Randomized Control Trial
    Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley View citations (25)
    Also in Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley (2019) View citations (35)
    Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley (2019) View citations (35)
    Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley (2019) View citations (33)
    IZA Discussion Papers, Institute of Labor Economics (IZA) (2019) View citations (83)
    NBER Working Papers, National Bureau of Economic Research, Inc (2019) View citations (82)
    See also Journal Article How Does Consumption Respond to News about Inflation? Field Evidence from a Randomized Control Trial, American Economic Journal: Macroeconomics, American Economic Association (2023) View citations (24) (2023)
11. Inflation Expectations and Misallocation of Resources: Evidence from Italy
    IZA Discussion Papers, Institute of Labor Economics (IZA)
    Also in Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area (2023)
    NBER Working Papers, National Bureau of Economic Research, Inc (2023)
    See also Journal Article Inflation Expectations and Misallocation of Resources: Evidence from Italy, American Economic Review: Insights, American Economic Association (2024) View citations (2) (2024)
12. Information and the Formation of Inflation Expectations by Firms: Evidence from a Survey of Israeli Firms
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
    Also in IZA Discussion Papers, Institute of Labor Economics (IZA) (2023) View citations (2)
13. Keep Calm and Bank On: Panic-Driven Bank Runs and the Role of Public Communication
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2023)
    BIS Working Papers, Bank for International Settlements (2023)
14. Lifetime Memories of Inflation: Evidence from Surveys and the Lab
    NBER Working Papers, National Bureau of Economic Research, Inc
    Also in IZA Discussion Papers, Institute of Labor Economics (IZA) (2023)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2023)
15. The Economics of Financial Stress
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
    Also in IZA Discussion Papers, Institute of Labor Economics (IZA) (2023) View citations (3)

2022

16. Conference Presentations and Academic Publishing
    Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley View citations (4)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2019) View citations (1)
    Discussion Papers, Department of Economics, University of Birmingham (2019) View citations (3)
    IZA Discussion Papers, Institute of Labor Economics (IZA) (2019) View citations (3)
    Economics Discussion Papers, Department of Economics, University of Reading (2019) View citations (3)
    See also Journal Article Conference presentations and academic publishing, Economic Modelling, Elsevier (2021) View citations (12) (2021)
17. Consumption Inequality and the Frequency of Purchases
    Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley View citations (5)
    Also in IZA Discussion Papers, Institute of Labor Economics (IZA) (2017) View citations (12)
    NBER Working Papers, National Bureau of Economic Research, Inc (2017) View citations (12)
    See also Journal Article Consumption Inequality and the Frequency of Purchases, American Economic Journal: Macroeconomics, American Economic Association (2021) View citations (7) (2021)
18. Demand Stimulus as Social Policy
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
    Also in IZA Discussion Papers, Institute of Labor Economics (IZA) (2022) View citations (1)
19. Does Policy Communication during COVID Work?
    Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley View citations (12)
    Also in Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley (2022) View citations (6)
    Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley (2020) View citations (34)
    Working Papers, Becker Friedman Institute for Research In Economics (2020) View citations (34)
    CESifo Working Paper Series, CESifo (2020) View citations (34)
    NBER Working Papers, National Bureau of Economic Research, Inc (2020) View citations (34)
    Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley (2020) View citations (34)
    See also Journal Article Does Policy Communication during COVID Work?, International Journal of Central Banking, International Journal of Central Banking (2022) View citations (4) (2022)
20. Expectations Formation and Forward Information
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2022) View citations (2)
21. Firms' Inflation Expectations: New Evidence from France
    IZA Discussion Papers, Institute of Labor Economics (IZA)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2021) View citations (18)
    Working papers, Banque de France (2021) View citations (18)
22. Firms’ Inflation Expectations: New Evidence from France
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
23. Fiscal multipliers in the COVID19 recession
    Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley View citations (5)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2021)
    NBER Working Papers, National Bureau of Economic Research, Inc (2021) View citations (7)
    IZA Discussion Papers, Institute of Labor Economics (IZA) (2021) View citations (2)
    See also Journal Article Fiscal multipliers in the COVID19 recession, Journal of International Money and Finance, Elsevier (2022) View citations (4) (2022)
24. How Firms Absorb Demand Side Shocks: Evidence from a Natural Experiment
    Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley
25. Inflation Expectations and Corporate Borrowing Decisions: New Causal Evidence
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
    Also in IZA Discussion Papers, Institute of Labor Economics (IZA) (2022) View citations (1)
26. Inflation Expectations and Firm Decisions: New Causal Evidence
    Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley View citations (3)
    Also in Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley (2019) View citations (30)
    NBER Working Papers, National Bureau of Economic Research, Inc (2018) View citations (19)
    Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area (2019) View citations (33)
    IZA Discussion Papers, Institute of Labor Economics (IZA) (2018) View citations (20)
    See also Journal Article Inflation Expectations and Firm Decisions: New Causal Evidence, The Quarterly Journal of Economics, President and Fellows of Harvard College (2020) View citations (126) (2020)
27. No firm is an island? How industry conditions shape firms’ expectations
    Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley View citations (24)
    Also in Working papers, Banque de France (2020) View citations (7)
    Working Papers, Federal Reserve Bank of Boston (2020) View citations (7)
    See also Journal Article No firm is an island? How industry conditions shape firms’ expectations, Journal of Monetary Economics, Elsevier (2022) View citations (12) (2022)
28. The Effect of Macroeconomic Uncertainty on Firm Decisions
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
    Also in IZA Discussion Papers, Institute of Labor Economics (IZA) (2022) View citations (6)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2022)
    See also Journal Article The Effect of Macroeconomic Uncertainty on Firm Decisions, Econometrica, Econometric Society (2023) View citations (12) (2023)
29. The Effect of the War on Human Capital in Ukraine and the Path for Rebuilding
    IZA Policy Papers, Institute of Labor Economics (IZA) View citations (3)
30. The Expected, Perceived, and Realized Inflation of U.S. Households before and during the COVID-19 Pandemic
    IZA Discussion Papers, Institute of Labor Economics (IZA) View citations (6)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2022) View citations (9)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2022)
    See also Journal Article The Expected, Perceived, and Realized Inflation of US Households Before and During the COVID19 Pandemic, IMF Economic Review, Palgrave Macmillan (2023) View citations (5) (2023)
31. The Macroeconomic Expectations of Firms
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
32. The Macroeconomic Expectations of U.S. Managers
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
33. The Subjective Inflation Expectations of Households and Firms: Measurement, Determinants, and Implications
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    Also in IZA Discussion Papers, Institute of Labor Economics (IZA) (2022) View citations (62)
    NBER Working Papers, National Bureau of Economic Research, Inc (2022) View citations (63)
    See also Journal Article The Subjective Inflation Expectations of Households and Firms: Measurement, Determinants, and Implications, Journal of Economic Perspectives, American Economic Association (2022) View citations (61) (2022)

2021

34. Average Inflation Targeting and Household Expectations
    Working Papers, Federal Reserve Bank of Cleveland View citations (14)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2020) View citations (36)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020) View citations (35)
    See also Journal Article Average Inflation Targeting and Household Expectations, Journal of Political Economy Macroeconomics, University of Chicago Press (2023) View citations (12) (2023)
35. Central Bank Communication on Social Media: What, To Whom, and How?
    Discussion Papers, Department of Economics, University of Birmingham View citations (5)
36. Do You Know that I Know that You Know…? Higher-Order Beliefs in Survey Data
    Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley View citations (29)
    See also Journal Article Do You Know that I Know that You Know…? Higher-Order Beliefs in Survey Data*, The Quarterly Journal of Economics, President and Fellows of Harvard College (2021) View citations (25) (2021)
37. FISCAL POLICY AND HOUSEHOLDS’ INFLATION EXPECTATIONS: EVIDENCE FROM A RANDOMIZED CONTROL TRIAL
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (17)
38. Fiscal Policy and Households' Inflation Expectations: Evidence from a Randomized Control Trial
    CESifo Working Paper Series, CESifo View citations (17)
    Also in IZA Discussion Papers, Institute of Labor Economics (IZA) (2021) View citations (18)
    NBER Working Papers, National Bureau of Economic Research, Inc (2021) View citations (17)
39. Inequality, fiscal policy and COVID19 restrictions in a demand-determined economy
    Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley View citations (17)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2020) View citations (8)
    See also Journal Article Inequality, fiscal policy and COVID19 restrictions in a demand-determined economy, European Economic Review, Elsevier (2021) View citations (14) (2021)
40. Quality and Price Setting of High-Tech Goods
    NBER Working Papers, National Bureau of Economic Research, Inc
    Also in IZA Discussion Papers, Institute of Labor Economics (IZA) (2021)
    See also Journal Article Quality and price setting of high-tech goods, Economic Modelling, Elsevier (2021) (2021)
41. THE INFLATION EXPECTATIONS OF U.S. FIRMS: EVIDENCE FROM A NEW SURVEY
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (6)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2021) View citations (38)
    IZA Discussion Papers, Institute of Labor Economics (IZA) (2021) View citations (39)
    See also Journal Article The inflation expectations of U.S. firms: Evidence from a new survey, Journal of Monetary Economics, Elsevier (2024) (2024)
42. The Effect of Macroeconomic Uncertainty on Household Spending
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (37)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2021) View citations (36)
    Working Paper Series, European Central Bank (2021) View citations (36)
    IZA Discussion Papers, Institute of Labor Economics (IZA) (2021) View citations (37)
    See also Journal Article The Effect of Macroeconomic Uncertainty on Household Spending, American Economic Review, American Economic Association (2024) View citations (3) (2024)
43. The Voice of Monetary Policy
    Economics Discussion Papers, Department of Economics, University of Reading View citations (13)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2021) View citations (13)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2021) View citations (15)
    Discussion Papers, Department of Economics, University of Birmingham (2021) View citations (15)
    See also Journal Article The Voice of Monetary Policy, American Economic Review, American Economic Association (2023) View citations (19) (2023)
44. Zero Lower Bound on Inflation Expectations
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    Also in IZA Discussion Papers, Institute of Labor Economics (IZA) (2021) View citations (13)
    NBER Working Papers, National Bureau of Economic Research, Inc (2021) View citations (11)

2020

45. Communication and the Beliefs of Economic Agents
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (57)
46. Do foreign investment and trade spur innovation?
    Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley View citations (13)
    See also Journal Article Do foreign investment and trade spur innovation?, European Economic Review, Elsevier (2020) View citations (9) (2020)
47. Does Policy Communication during COVID-19 Work?
    IZA Discussion Papers, Institute of Labor Economics (IZA) View citations (34)
48. Effects of Fiscal Policy on Credit Markets
    Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley View citations (6)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2020) View citations (7)
    See also Journal Article Effects of Fiscal Policy on Credit Markets, AEA Papers and Proceedings, American Economic Association (2020) View citations (7) (2020)
49. Forecast Error Variance Decompositions with Local Projections
    Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley View citations (19)
    See also Journal Article Forecast Error Variance Decompositions with Local Projections, Journal of Business & Economic Statistics, Taylor & Francis Journals (2020) View citations (19) (2020)
50. Greater Inequality and Household Borrowing: New Evidence from Household Data
    Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley View citations (20)
    See also Journal Article Greater Inequality and Household Borrowing: New Evidence from Household Data, Journal of the European Economic Association, European Economic Association (2020) View citations (20) (2020)
51. Household Savings and Monetary Policy under Individual and Aggregate Stochastic Volatility
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (3)
52. How Did U.S. Consumers Use Their Stimulus Payments?
    Working Papers, Becker Friedman Institute for Research In Economics View citations (88)
    Also in CESifo Working Paper Series, CESifo (2020) View citations (80)
    IZA Discussion Papers, Institute of Labor Economics (IZA) (2020) View citations (81)
    NBER Working Papers, National Bureau of Economic Research, Inc (2020) View citations (80)
53. Innocent Bystanders? Monetary Policy and Inequality in the U.S
    Swiss Finance Institute Research Paper Series, Swiss Finance Institute
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2012) View citations (80)
    IZA Discussion Papers, Institute of Labor Economics (IZA) (2012) View citations (103)
    IMF Working Papers, International Monetary Fund (2012) View citations (124)
54. Labor Markets During the COVID-19 Crisis: A Preliminary View
    Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley View citations (185)
    Also in Working Papers, Becker Friedman Institute for Research In Economics (2020) View citations (275)
    Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley (2020) View citations (269)
    NBER Working Papers, National Bureau of Economic Research, Inc (2020) View citations (282)
    Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley (2020) View citations (273)
    CESifo Working Paper Series, CESifo (2020) View citations (277)
    IZA Discussion Papers, Institute of Labor Economics (IZA) (2020) View citations (287)
55. Local Fiscal Multipliers and Fiscal Spillovers in the USA
    Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley View citations (23)
    See also Journal Article Local Fiscal Multipliers and Fiscal Spillovers in the USA, IMF Economic Review, Palgrave Macmillan (2020) View citations (25) (2020)
56. No Firm is an Island? How Industry Conditions Shape Firms' Aggregate Expectations
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
57. Political Polarization and Expected Economic Outcomes
    IZA Discussion Papers, Institute of Labor Economics (IZA) View citations (21)
    Also in Working Papers, Becker Friedman Institute for Research In Economics (2020) View citations (21)
    NBER Working Papers, National Bureau of Economic Research, Inc (2020) View citations (21)
    Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley (2020) View citations (20)
58. Quality of Goods and Price Setting for CPUs
    Discussion Papers, Department of Economics, University of Birmingham
59. The Cost of the COVID-19 Crisis: Lockdowns, Macroeconomic Expectations, and Consumer Spending
    IZA Discussion Papers, Institute of Labor Economics (IZA) View citations (220)
    Also in Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley (2020) View citations (242)
    Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley (2020) View citations (197)
    Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley (2020) View citations (231)
    NBER Working Papers, National Bureau of Economic Research, Inc (2020) View citations (231)
    CESifo Working Paper Series, CESifo (2020) View citations (226)
    Working Papers, Becker Friedman Institute for Research In Economics (2020) View citations (231)
    Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley (2020) View citations (203)

2019

60. Do You Know That I Know That You Know?: Higher Order Beliefs in Survey Data
    2019 Meeting Papers, Society for Economic Dynamics
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2018) View citations (47)
61. Is Inflation Just Around the Corner? The Phillips Curve and Global Inflationary Pressures
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (17)
    See also Journal Article Is Inflation Just Around the Corner? The Phillips Curve and Global Inflationary Pressures, AEA Papers and Proceedings, American Economic Association (2019) View citations (17) (2019)
62. Local Fiscal Multipliers and Fiscal Spillovers in the United States
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (35)
63. Macroeconomic Frameworks
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
64. Monetary Policy Communications and their Effects on Household Inflation Expectations
    CESifo Working Paper Series, CESifo View citations (187)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2019) View citations (193)
    See also Journal Article Monetary Policy Communications and Their Effects on Household Inflation Expectations, Journal of Political Economy, University of Chicago Press (2022) View citations (137) (2022)

2018

65. Inflation Expectations as a Policy Tool?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (89)
    Also in Working Papers, Auckland University of Technology, Department of Economics (2018) View citations (59)
    See also Journal Article Inflation expectations as a policy tool?, Journal of International Economics, Elsevier (2020) View citations (192) (2020)
    Chapter Inflation Expectations as a Policy Tool?, NBER Chapters, National Bureau of Economic Research, Inc (2019) View citations (4) (2019)
66. Resource Misallocation in European Firms: The Role of Constraints, Firm Characteristics and Managerial Decisions
    IZA Discussion Papers, Institute of Labor Economics (IZA) View citations (10)
    Also in EIB Working Papers, European Investment Bank (EIB) (2018) View citations (9)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2018) View citations (11)
    NBER Working Papers, National Bureau of Economic Research, Inc (2018) View citations (11)
67. Social Media, Sentiment and Public Opinions: Evidence from #Brexit and #USElection
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (14)
    Also in Working Papers, Swansea University, School of Management (2018)
    See also Journal Article Social media, sentiment and public opinions: Evidence from #Brexit and #USElection, European Economic Review, Elsevier (2021) View citations (13) (2021)
68. The Cyclical Sensitivity in Estimates of Potential Output
    Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley View citations (34)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2017) View citations (67)
    See also Journal Article The Cyclical Sensitivity in Estimates of Potential Output, Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution (2018) View citations (61) (2018)

2017

69. A Note on Variance Decomposition with Local Projections
    Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley View citations (15)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2017) View citations (18)
70. Fiscal Stimulus and Fiscal Sustainability
    Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley View citations (76)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2017) View citations (81)
71. Level and Volatility Factors in Macroeconomic Data
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (32)
    See also Journal Article Level and volatility factors in macroeconomic data, Journal of Monetary Economics, Elsevier (2017) View citations (30) (2017)
72. Secular Stagnation: Policy Options and the Cyclical Sensitivity in Estimates of Potential Output
    Working Papers, National Bank of Ukraine View citations (18)
73. The Effects of Quantitative Easing: Taking a Cue from Treasury Auctions
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (24)
74. The Formation of Expectations, Inflation and the Phillips Curve
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (74)
    See also Journal Article The Formation of Expectations, Inflation, and the Phillips Curve, Journal of Economic Literature, American Economic Association (2018) View citations (189) (2018)

2016

75. Does Greater Inequality Lead to More Household Borrowing? New Evidence from Household Data
    Working Paper Series, Federal Reserve Bank of San Francisco View citations (3)
    Also in Working Paper, Federal Reserve Bank of Richmond (2014) View citations (40)
    NBER Working Papers, National Bureau of Economic Research, Inc (2014) View citations (59)
    2014 Meeting Papers, Society for Economic Dynamics (2014) View citations (59)
    IZA Discussion Papers, Institute of Labor Economics (IZA) (2014) View citations (57)
76. HOW DO FIRMS FORM THEIR EXPECTATIONS? NEW SURVEY EVIDENCE
    2016 Meeting Papers, Society for Economic Dynamics View citations (1)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2015) View citations (65)
    See also Journal Article How Do Firms Form Their Expectations? New Survey Evidence, American Economic Review, American Economic Association (2018) View citations (364) (2018)
77. How inertial is monetary policy? implications for the fed’s exit strategy
    Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley
78. Infrequent but Long-Lived Zero-Bound Episodes and the Optimal Rate of Inflation
    Working Papers, eSocialSciences View citations (40)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2016) View citations (32)
79. The Response of Consumer Spending to Changes in Gasoline Prices
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (24)
    See also Journal Article The Response of Consumer Spending to Changes in Gasoline Prices, American Economic Journal: Macroeconomics, American Economic Association (2023) View citations (6) (2023)

2015

80. Culture and Global Sourcing
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2015) View citations (4)
    VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy, Verein für Socialpolitik / German Economic Association (2015) View citations (5)
81. Culture, Institutions and Democratization
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (40)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2015) View citations (38)
    See also Journal Article Culture, institutions and democratization*, Public Choice, Springer (2021) View citations (16) (2021)
82. Does Foreign Entry Spur Innovation?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (10)
    Also in Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley (2015) View citations (10)
    IZA Discussion Papers, Institute of Labor Economics (IZA) (2015) View citations (10)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2015) View citations (10)
83. Effects of Fiscal Shocks in a Globalized World
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
    See also Journal Article Effects of Fiscal Shocks in a Globalized World, IMF Economic Review, Palgrave Macmillan (2016) View citations (43) (2016)
84. Inflation Targeting Does Not Anchor Inflation Expectations: Evidence from Firms in New Zealand
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (220)
    See also Journal Article Inflation Targeting Does Not Anchor Inflation Expectations: Evidence from Firms in New Zealand, Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution (2015) View citations (211) (2015)
85. Linkages and Economic Development
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (76)
86. Price setting in online markets: Basic facts, international comparisons, and cross-border integration
    VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy, Verein für Socialpolitik / German Economic Association View citations (14)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2014) View citations (13)
    See also Journal Article Price Setting in Online Markets: Basic Facts, International Comparisons, and Cross-Border Integration, American Economic Review, American Economic Association (2017) View citations (86) (2017)
87. Price setting in online markets: does IT click?
    Working Papers, Federal Reserve Bank of Boston View citations (2)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2014) View citations (45)
    See also Journal Article Price Setting in Online Markets: Does IT Click?, Journal of the European Economic Association, European Economic Association (2018) View citations (74) (2018)

2014

88. Fiscal Multipliers in Japan
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (12)
    See also Journal Article Fiscal multipliers in Japan, Research in Economics, Elsevier (2017) View citations (20) (2017)
89. When Does FDI Have Positive Spillovers? Evidence from 17 Transition Market Economies
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (108)
    Also in IZA Discussion Papers, Institute of Labor Economics (IZA) (2013) View citations (4)
    See also Journal Article When does FDI have positive spillovers? Evidence from 17 transition market economies, Journal of Comparative Economics, Elsevier (2014) View citations (99) (2014)

2013

90. Amerisclerosis? The Puzzle of Rising U.S. Unemployment Persistence
    IZA Discussion Papers, Institute of Labor Economics (IZA) View citations (11)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2013) View citations (14)
    See also Journal Article Amerisclerosis? The Puzzle of Rising U.S. Unemployment Persistence, Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution (2013) View citations (11) (2013)
91. Are Sticky Prices Costly? Evidence From The Stock Market
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (23)
    See also Journal Article Are Sticky Prices Costly? Evidence from the Stock Market, American Economic Review, American Economic Association (2016) View citations (222) (2016)
92. Financial constraints and innovation: Why poor countries don't catch up
    Munich Reprints in Economics, University of Munich, Department of Economics View citations (186)
    Also in IZA Discussion Papers, Institute of Labor Economics (IZA) (2010) View citations (74)
    NBER Working Papers, National Bureau of Economic Research, Inc (2010) View citations (35)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2010) View citations (55)
    Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich (2010) View citations (34)
    See also Journal Article FINANCIAL CONSTRAINTS AND INNOVATION: WHY POOR COUNTRIES DON'T CATCH UP, Journal of the European Economic Association, European Economic Association (2013) View citations (192) (2013)
93. Is The Phillips Curve Alive and Well After All? Inflation Expectations and the Missing Disinflation
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (55)
    See also Chapter Is The Phillips Curve Alive and Well After All? Inflation Expectations and the Missing Disinflation, NBER Chapters, National Bureau of Economic Research, Inc (2013) View citations (65) (2013)
    Journal Article Is the Phillips Curve Alive and Well after All? Inflation Expectations and the Missing Disinflation, American Economic Journal: Macroeconomics, American Economic Association (2015) View citations (529) (2015)
94. Macroeconomic Determinants of Retirement Timing
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
    Also in Working Papers, University of Michigan, Michigan Retirement Research Center (2013) View citations (8)
    IZA Discussion Papers, Institute of Labor Economics (IZA) (2013) View citations (8)
95. Measuring the Output Responses to Fiscal Policy (vol 4, pg 1, 2012)
    Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley View citations (26)
96. Technological Progress and the Earnings of Older Workers
    Working Papers, University of Michigan, Michigan Retirement Research Center
97. The Cyclicality of Sales, Regular and Effective Prices: Business Cycle and Policy Implications
    Staff Working Papers, Bank of Canada View citations (32)
    Also in IMF Working Papers, International Monetary Fund (2012) View citations (22)
    NBER Working Papers, National Bureau of Economic Research, Inc (2012) View citations (24)
    See also Journal Article The Cyclicality of Sales, Regular and Effective Prices: Business Cycle and Policy Implications, American Economic Review, American Economic Association (2015) View citations (120) (2015)

2012

98. Information Rigidity and the Expectations Formation Process: A Simple Framework and New Facts
    IMF Working Papers, International Monetary Fund View citations (36)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2010) View citations (68)
    Working Papers, Department of Economics, College of William and Mary (2010) View citations (121)
    See also Journal Article Information Rigidity and the Expectations Formation Process: A Simple Framework and New Facts, American Economic Review, American Economic Association (2015) View citations (670) (2015)
99. Output Spillovers from Fiscal Policy
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (28)
    See also Journal Article Output Spillovers from Fiscal Policy, American Economic Review, American Economic Association (2013) View citations (204) (2013)
100. The Optimal Inflation Rate in New Keynesian Models: Should Central Banks Raise Their Inflation Targets in Light of the Zero Lower Bound?
     2012 Meeting Papers, Society for Economic Dynamics View citations (271)
     See also Journal Article The Optimal Inflation Rate in New Keynesian Models: Should Central Banks Raise Their Inflation Targets in Light of the Zero Lower Bound?, The Review of Economic Studies, Review of Economic Studies Ltd (2012) View citations (333) (2012)

2011

101. Estimators for Persistent and Possibly Non-Stationary Data with Classical Properties
     NBER Working Papers, National Bureau of Economic Research, Inc
     See also Journal Article ESTIMATORS FOR PERSISTENT AND POSSIBLY NONSTATIONARY DATA WITH CLASSICAL PROPERTIES, Econometric Theory, Cambridge University Press (2012) View citations (6) (2012)
102. Fiscal Multipliers in Recession and Expansion
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (215)
     See also Chapter Fiscal Multipliers in Recession and Expansion, NBER Chapters, National Bureau of Economic Research, Inc (2012) View citations (299) (2012)
103. Using the Survey of Plant Capacity to Measure Capital Utilization
     Working Papers, U.S. Census Bureau, Center for Economic Studies View citations (26)
104. Why Are Target Interest Rate Changes So Persistent?
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (13)
     Also in Working Papers, Department of Economics, College of William and Mary (2011) View citations (19)
     See also Journal Article Why Are Target Interest Rate Changes So Persistent?, American Economic Journal: Macroeconomics, American Economic Association (2012) View citations (177) (2012)

2010

105. Culture, Institutions and the Wealth of Nations
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (126)
     Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2010) View citations (84)
     IZA Discussion Papers, Institute of Labor Economics (IZA) (2010) View citations (110)
     See also Journal Article Culture, Institutions, and the Wealth of Nations, The Review of Economics and Statistics, MIT Press (2017) View citations (182) (2017)
106. Measuring the Output Responses to Fiscal Policy
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (97)
     See also Journal Article Measuring the Output Responses to Fiscal Policy, American Economic Journal: Economic Policy, American Economic Association (2012) View citations (1461) (2012)
     Chapter Measuring the Output Responses to Fiscal Policy, NBER Chapters, National Bureau of Economic Research, Inc (2010) View citations (129) (2010)
107. Monetary Policy, Trend Inflation and the Great Moderation:An Alternative Interpretation
     Working Papers, Department of Economics, College of William and Mary View citations (41)
     Also in 2009 Meeting Papers, Society for Economic Dynamics (2009) View citations (3)
     NBER Working Papers, National Bureau of Economic Research, Inc (2008) View citations (28)
     See also Journal Article Monetary Policy, Trend Inflation, and the Great Moderation: An Alternative Interpretation, American Economic Review, American Economic Association (2011) View citations (308) (2011)
108. Sensitivity of Prices to Demand Shocks: A Natural Experiment in the San Francisco Bay Area
     University of East Anglia Applied and Financial Economics Working Paper Series, School of Economics, University of East Anglia, Norwich, UK. View citations (2)
     See also Journal Article Sensitivity of prices to demand shocks: A natural experiment in the San Francisco Bay Area, Transportation Research Part A: Policy and Practice, Elsevier (2012) View citations (6) (2012)
109. Strategic Interaction among Heterogeneous Price-Setters in an Estimated DSGE Model
     Working Papers, Department of Economics, College of William and Mary View citations (2)
     Also in NBER Working Papers, National Bureau of Economic Research, Inc (2008) View citations (11)
     See also Journal Article Strategic Interaction among Heterogeneous Price-Setters in an Estimated DSGE Model, The Review of Economics and Statistics, MIT Press (2011) View citations (25) (2011)
110. The Optimal Inflation Rate in New Keynesian Models
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (23)
     Also in Working Papers, Department of Economics, College of William and Mary (2010) View citations (60)
     See also Journal Article The Optimal Inflation Rate in New Keynesian Models: Should Central Banks Raise Their Inflation Targets in Light of the Zero Lower Bound?, The Review of Economic Studies, Review of Economic Studies Ltd (2012) View citations (333) (2012)
111. What can survey forecasts tell us about informational rigidities?
     2010 Meeting Papers, Society for Economic Dynamics View citations (13)
     Also in NBER Working Papers, National Bureau of Economic Research, Inc (2008) View citations (35)
     See also Journal Article What Can Survey Forecasts Tell Us about Information Rigidities?, Journal of Political Economy, University of Chicago Press (2012) View citations (737) (2012)

2009

112. Estimation of DSGE Models When the Data are Persistent
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (14)
     See also Journal Article Estimation of DSGE models when the data are persistent, Journal of Monetary Economics, Elsevier (2010) View citations (60) (2010)
113. Globalization and innovation in emerging markets
     Policy Research Working Paper Series, The World Bank View citations (10)
     Also in IZA Discussion Papers, Institute of Labor Economics (IZA) (2008) View citations (31)
     NBER Working Papers, National Bureau of Economic Research, Inc (2008) View citations (36)
     Working Papers, Research Seminar in International Economics, University of Michigan (2008) View citations (29)
     See also Journal Article Globalization and Innovation in Emerging Markets, American Economic Journal: Macroeconomics, American Economic Association (2010) View citations (150) (2010)
114. Inequality and Volatility Moderation in Russia: Evidence from Micro-Level Panel Data on Consumption and Income
     IZA Discussion Papers, Institute of Labor Economics (IZA) View citations (21)
     Also in International Center for Public Policy Working Paper Series, at AYSPS, GSU, International Center for Public Policy, Andrew Young School of Policy Studies, Georgia State University (2009) View citations (13)
     NBER Working Papers, National Bureau of Economic Research, Inc (2009) View citations (15)
     See also Journal Article Inequality and Volatility Moderation in Russia: Evidence from Micro-Level Panel Data on Consumption and Income, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2010) View citations (57) (2010)
115. The Finnish Great Depression: From Russia with Love
     IZA Discussion Papers, Institute of Labor Economics (IZA) View citations (18)
     Also in NBER Working Papers, National Bureau of Economic Research, Inc (2009) View citations (15)
     See also Journal Article The Finnish Great Depression: From Russia with Love, American Economic Review, American Economic Association (2012) View citations (83) (2012)

2008

116. Are Oligarchs Productive? Theory and Evidence
     IZA Discussion Papers, Institute of Labor Economics (IZA) View citations (29)
     See also Journal Article Are oligarchs productive? Theory and evidence, Journal of Comparative Economics, Elsevier (2008) View citations (25) (2008)
117. Endogenous information, menu costs and inflation persistence
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (62)
118. Myth and Reality of Flat Tax Reform: Micro Estimates of Tax Evasion Response and Welfare Effects in Russia
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (14)
     Also in IZA Discussion Papers, Institute of Labor Economics (IZA) (2007) View citations (20)
     International Center for Public Policy Working Paper Series, at AYSPS, GSU, International Center for Public Policy, Andrew Young School of Policy Studies, Georgia State University (2007) View citations (42)
     See also Journal Article Myth and Reality of Flat Tax Reform: Micro Estimates of Tax Evasion Response and Welfare Effects in Russia, Journal of Political Economy, University of Chicago Press (2009) View citations (159) (2009)
119. The Finnish Depression: From Russia with love
     2008 Meeting Papers, Society for Economic Dynamics
120. Using Firm Optimization to Evaluate and Estimate Returns to Scale
     IZA Discussion Papers, Institute of Labor Economics (IZA) View citations (3)
     Also in NBER Working Papers, National Bureau of Economic Research, Inc (2007) View citations (22)

2007

121. Myth and Reality of Flat Tax Reform: Tax Evasion and Real Side Response of Russian Households
     International Center for Public Policy Working Paper Series, at AYSPS, GSU, International Center for Public Policy, Andrew Young School of Policy Studies, Georgia State University
122. When Does FDI Have Positive Spillovers? Evidence from 17 Emerging Market Economies
     IZA Discussion Papers, Institute of Labor Economics (IZA) View citations (76)
     Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2007) View citations (77)

Journal Articles

2024

1. A research program on monetary policy for Europe
   Journal of Monetary Economics, 2024, 147, (S)
2. Cultural distance, firm boundaries, and global sourcing
   Journal of Development Economics, 2024, 166, (C)
   See also Working Paper Cultural Distance, Firm Boundaries, and Global Sourcing, CESifo Working Paper Series (2023) (2023)
3. Inflation Expectations and Misallocation of Resources: Evidence from Italy
   American Economic Review: Insights, 2024, 6, (2), 246-61 View citations (2)
   See also Working Paper Inflation Expectations and Misallocation of Resources: Evidence from Italy, IZA Discussion Papers (2023) (2023)
4. Macroeconomic Frameworks: Reconciling Evidence and Model Predictions from Demand Shocks
   American Economic Journal: Macroeconomics, 2024, 16, (3), 190-229
5. The Effect of Macroeconomic Uncertainty on Household Spending
   American Economic Review, 2024, 114, (3), 645-77 View citations (3)
   See also Working Paper The Effect of Macroeconomic Uncertainty on Household Spending, CEPR Discussion Papers (2021) View citations (37) (2021)
6. The inflation expectations of U.S. firms: Evidence from a new survey
   Journal of Monetary Economics, 2024, 145, (S)
   See also Working Paper THE INFLATION EXPECTATIONS OF U.S. FIRMS: EVIDENCE FROM A NEW SURVEY, CEPR Discussion Papers (2021) View citations (6) (2021)
7. Unbundling Quantitative Easing: Taking a Cue from Treasury Auctions
   Journal of Political Economy, 2024, 132, (9), 3115 - 3172

2023

8. Average Inflation Targeting and Household Expectations
   Journal of Political Economy Macroeconomics, 2023, 1, (2), 403 - 446 View citations (12)
   See also Working Paper Average Inflation Targeting and Household Expectations, Working Papers (2021) View citations (14) (2021)
9. Forward Guidance and Household Expectations
   Journal of the European Economic Association, 2023, 21, (5), 2131-2171
   See also Working Paper Forward Guidance and Household Expectations, Department of Economics, Working Paper Series (2023) View citations (18) (2023)
10. How Does Consumption Respond to News about Inflation? Field Evidence from a Randomized Control Trial
    American Economic Journal: Macroeconomics, 2023, 15, (3), 109-52 View citations (24)
    See also Working Paper How Does Consumption Respond to News about Inflation? Field Evidence from a Randomized Control Trial, Department of Economics, Working Paper Series (2023) View citations (25) (2023)
11. Perceived and Expected Rates of Inflation of US Firms
    AEA Papers and Proceedings, 2023, 113, 52-55 View citations (1)
12. The Effect of Macroeconomic Uncertainty on Firm Decisions
    Econometrica, 2023, 91, (4), 1297-1332 View citations (12)
    See also Working Paper The Effect of Macroeconomic Uncertainty on Firm Decisions, NBER Working Papers (2022) View citations (6) (2022)
13. The Expected, Perceived, and Realized Inflation of US Households Before and During the COVID19 Pandemic
    IMF Economic Review, 2023, 71, (1), 326-368 View citations (5)
    See also Working Paper The Expected, Perceived, and Realized Inflation of U.S. Households before and during the COVID-19 Pandemic, IZA Discussion Papers (2022) View citations (6) (2022)
14. The Response of Consumer Spending to Changes in Gasoline Prices
    American Economic Journal: Macroeconomics, 2023, 15, (2), 129-60 View citations (6)
    See also Working Paper The Response of Consumer Spending to Changes in Gasoline Prices, NBER Working Papers (2016) View citations (24) (2016)
15. The Voice of Monetary Policy
    American Economic Review, 2023, 113, (2), 548-84 View citations (19)
    See also Working Paper The Voice of Monetary Policy, Economics Discussion Papers (2021) View citations (13) (2021)

2022

16. Does Policy Communication during COVID Work?
    International Journal of Central Banking, 2022, 18, (1), 3-39 View citations (4)
    See also Working Paper Does Policy Communication during COVID Work?, Department of Economics, Working Paper Series (2022) View citations (12) (2022)
17. Editors Introduction to the Special Issue
    Journal of Money, Credit and Banking, 2022, 54, (S1), 5-5
18. Fiscal multipliers in the COVID19 recession
    Journal of International Money and Finance, 2022, 126, (C) View citations (4)
    See also Working Paper Fiscal multipliers in the COVID19 recession, Department of Economics, Working Paper Series (2022) View citations (5) (2022)
19. Monetary Policy Communications and Their Effects on Household Inflation Expectations
    Journal of Political Economy, 2022, 130, (6), 1537 - 1584 View citations (137)
    See also Working Paper Monetary Policy Communications and their Effects on Household Inflation Expectations, CESifo Working Paper Series (2019) View citations (187) (2019)
20. No firm is an island? How industry conditions shape firms’ expectations
    Journal of Monetary Economics, 2022, 125, (C), 40-56 View citations (12)
    See also Working Paper No firm is an island? How industry conditions shape firms’ expectations, Department of Economics, Working Paper Series (2022) View citations (24) (2022)
21. The Subjective Inflation Expectations of Households and Firms: Measurement, Determinants, and Implications
    Journal of Economic Perspectives, 2022, 36, (3), 157-84 View citations (61)
    See also Working Paper The Subjective Inflation Expectations of Households and Firms: Measurement, Determinants, and Implications, CEPR Discussion Papers (2022) (2022)

2021

22. Conference presentations and academic publishing
    Economic Modelling, 2021, 95, (C), 228-254 View citations (12)
    See also Working Paper Conference Presentations and Academic Publishing, Department of Economics, Working Paper Series (2022) View citations (4) (2022)
23. Consumption Inequality and the Frequency of Purchases
    American Economic Journal: Macroeconomics, 2021, 13, (4), 449-82 View citations (7)
    See also Working Paper Consumption Inequality and the Frequency of Purchases, Department of Economics, Working Paper Series (2022) View citations (5) (2022)
24. Culture, institutions and democratization*
    Public Choice, 2021, 187, (1), 165-195 View citations (16)
    See also Working Paper Culture, Institutions and Democratization, NBER Working Papers (2015) View citations (40) (2015)
25. Do You Know that I Know that You Know…? Higher-Order Beliefs in Survey Data*
    The Quarterly Journal of Economics, 2021, 136, (3), 1387-1446 View citations (25)
    See also Working Paper Do You Know that I Know that You Know…? Higher-Order Beliefs in Survey Data, Department of Economics, Working Paper Series (2021) View citations (29) (2021)
26. Inequality, fiscal policy and COVID19 restrictions in a demand-determined economy
    European Economic Review, 2021, 137, (C) View citations (14)
    See also Working Paper Inequality, fiscal policy and COVID19 restrictions in a demand-determined economy, Department of Economics, Working Paper Series (2021) View citations (17) (2021)
27. Quality and price setting of high-tech goods
    Economic Modelling, 2021, 98, (C), 69-85
    See also Working Paper Quality and Price Setting of High-Tech Goods, NBER Working Papers (2021) (2021)
28. Social media, sentiment and public opinions: Evidence from #Brexit and #USElection
    European Economic Review, 2021, 136, (C) View citations (13)
    See also Working Paper Social Media, Sentiment and Public Opinions: Evidence from #Brexit and #USElection, NBER Working Papers (2018) View citations (14) (2018)

2020

29. Do foreign investment and trade spur innovation?
    European Economic Review, 2020, 121, (C) View citations (9)
    See also Working Paper Do foreign investment and trade spur innovation?, Department of Economics, Working Paper Series (2020) View citations (13) (2020)
30. Effects of Fiscal Policy on Credit Markets
    AEA Papers and Proceedings, 2020, 110, 119-24 View citations (7)
    See also Working Paper Effects of Fiscal Policy on Credit Markets, Department of Economics, Working Paper Series (2020) View citations (6) (2020)
31. Forecast Error Variance Decompositions with Local Projections
    Journal of Business & Economic Statistics, 2020, 38, (4), 921-933 View citations (19)
    See also Working Paper Forecast Error Variance Decompositions with Local Projections, Department of Economics, Working Paper Series (2020) View citations (19) (2020)
32. Greater Inequality and Household Borrowing: New Evidence from Household Data
    Journal of the European Economic Association, 2020, 18, (6), 2922-2971 View citations (20)
    See also Working Paper Greater Inequality and Household Borrowing: New Evidence from Household Data, Department of Economics, Working Paper Series (2020) View citations (20) (2020)
33. Inflation Expectations and Firm Decisions: New Causal Evidence
    The Quarterly Journal of Economics, 2020, 135, (1), 165-219 View citations (126)
    See also Working Paper Inflation Expectations and Firm Decisions: New Causal Evidence, Department of Economics, Working Paper Series (2022) View citations (3) (2022)
34. Inflation expectations as a policy tool?
    Journal of International Economics, 2020, 124, (C) View citations (192)
    See also Chapter Inflation Expectations as a Policy Tool?, NBER Chapters, 2019 (2019) View citations (4) (2019)
    Working Paper Inflation Expectations as a Policy Tool?, NBER Working Papers (2018) View citations (89) (2018)
35. Local Fiscal Multipliers and Fiscal Spillovers in the USA
    IMF Economic Review, 2020, 68, (1), 195-229 View citations (25)
    See also Working Paper Local Fiscal Multipliers and Fiscal Spillovers in the USA, Department of Economics, Working Paper Series (2020) View citations (23) (2020)

2019

36. Is Inflation Just Around the Corner? The Phillips Curve and Global Inflationary Pressures
    AEA Papers and Proceedings, 2019, 109, 465-69 View citations (17)
    See also Working Paper Is Inflation Just Around the Corner? The Phillips Curve and Global Inflationary Pressures, NBER Working Papers (2019) View citations (17) (2019)
37. The Cyclicality of Sales, Regular and Effective Prices: Business Cycle and Policy Implications: Reply
    American Economic Review, 2019, 109, (1), 314-24 View citations (1)

2018

38. How Do Firms Form Their Expectations? New Survey Evidence
    American Economic Review, 2018, 108, (9), 2671-2713 View citations (364)
    See also Working Paper HOW DO FIRMS FORM THEIR EXPECTATIONS? NEW SURVEY EVIDENCE, 2016 Meeting Papers (2016) View citations (1) (2016)
39. Price Setting in Online Markets: Does IT Click?
    Journal of the European Economic Association, 2018, 16, (6), 1764-1811 View citations (74)
    See also Working Paper Price setting in online markets: does IT click?, Working Papers (2015) View citations (2) (2015)
40. The Cyclical Sensitivity in Estimates of Potential Output
    Brookings Papers on Economic Activity, 2018, 49, (2 (Fall)), 343-441 View citations (61)
    See also Working Paper The Cyclical Sensitivity in Estimates of Potential Output, Department of Economics, Working Paper Series (2018) View citations (34) (2018)
41. The Formation of Expectations, Inflation, and the Phillips Curve
    Journal of Economic Literature, 2018, 56, (4), 1447-91 View citations (189)
    See also Working Paper The Formation of Expectations, Inflation and the Phillips Curve, NBER Working Papers (2017) View citations (74) (2017)
42. The responses of internet retail prices to aggregate shocks: A high-frequency approach
    Economics Letters, 2018, 164, (C), 124-127 View citations (5)

2017

43. Culture, Institutions, and the Wealth of Nations
    The Review of Economics and Statistics, 2017, 99, (3), 402-416 View citations (182)
    See also Working Paper Culture, Institutions and the Wealth of Nations, NBER Working Papers (2010) View citations (126) (2010)
44. Fiscal multipliers in Japan
    Research in Economics, 2017, 71, (3), 411-421 View citations (20)
    See also Working Paper Fiscal Multipliers in Japan, NBER Working Papers (2014) View citations (12) (2014)
45. Innocent Bystanders? Monetary policy and inequality
    Journal of Monetary Economics, 2017, 88, (C), 70-89 View citations (382)
46. Level and volatility factors in macroeconomic data
    Journal of Monetary Economics, 2017, 91, (C), 52-68 View citations (30)
    See also Working Paper Level and Volatility Factors in Macroeconomic Data, NBER Working Papers (2017) View citations (32) (2017)
47. Price Setting in Online Markets: Basic Facts, International Comparisons, and Cross-Border Integration
    American Economic Review, 2017, 107, (1), 249-82 View citations (86)
    See also Working Paper Price setting in online markets: Basic facts, international comparisons, and cross-border integration, VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy (2015) View citations (14) (2015)

2016

48. Are Sticky Prices Costly? Evidence from the Stock Market
    American Economic Review, 2016, 106, (1), 165-99 View citations (222)
    See also Working Paper Are Sticky Prices Costly? Evidence From The Stock Market, NBER Working Papers (2013) View citations (23) (2013)
49. Effects of Fiscal Shocks in a Globalized World
    IMF Economic Review, 2016, 64, (1), 177-215 View citations (43)
    See also Working Paper Effects of Fiscal Shocks in a Globalized World, NBER Working Papers (2015) View citations (4) (2015)
50. Infrequent but Long-Lived Zero Lower Bound Episodes and the Optimal Rate of Inflation
    Annual Review of Economics, 2016, 8, (1), 497-520 View citations (16)

2015

51. Inflation Expectations in Ukraine: A Long Path to Anchoring?
    Visnyk of the National Bank of Ukraine, 2015, (233), 6-23 View citations (14)
52. Inflation Targeting Does Not Anchor Inflation Expectations: Evidence from Firms in New Zealand
    Brookings Papers on Economic Activity, 2015, 46, (2 (Fall)), 151-225 View citations (211)
    See also Working Paper Inflation Targeting Does Not Anchor Inflation Expectations: Evidence from Firms in New Zealand, NBER Working Papers (2015) View citations (220) (2015)
53. Information Rigidity and the Expectations Formation Process: A Simple Framework and New Facts
    American Economic Review, 2015, 105, (8), 2644-78 View citations (670)
    See also Working Paper Information Rigidity and the Expectations Formation Process: A Simple Framework and New Facts, IMF Working Papers (2012) View citations (36) (2012)
54. Is the Phillips Curve Alive and Well after All? Inflation Expectations and the Missing Disinflation
    American Economic Journal: Macroeconomics, 2015, 7, (1), 197-232 View citations (529)
    See also Chapter Is The Phillips Curve Alive and Well After All? Inflation Expectations and the Missing Disinflation, NBER Chapters, 2013 (2013) View citations (65) (2013)
    Working Paper Is The Phillips Curve Alive and Well After All? Inflation Expectations and the Missing Disinflation, NBER Working Papers (2013) View citations (55) (2013)
55. The Cyclicality of Sales, Regular and Effective Prices: Business Cycle and Policy Implications
    American Economic Review, 2015, 105, (3), 993-1029 View citations (120)
    See also Working Paper The Cyclicality of Sales, Regular and Effective Prices: Business Cycle and Policy Implications, Staff Working Papers (2013) View citations (32) (2013)

2014

56. When does FDI have positive spillovers? Evidence from 17 transition market economies
    Journal of Comparative Economics, 2014, 42, (4), 954-969 View citations (99)
    See also Working Paper When Does FDI Have Positive Spillovers? Evidence from 17 Transition Market Economies, CEPR Discussion Papers (2014) View citations (108) (2014)

2013

57. Amerisclerosis? The Puzzle of Rising U.S. Unemployment Persistence
    Brookings Papers on Economic Activity, 2013, 44, (2 (Fall)), 193-260 View citations (11)
    See also Working Paper Amerisclerosis? The Puzzle of Rising U.S. Unemployment Persistence, IZA Discussion Papers (2013) View citations (11) (2013)
58. Corrigendum: Measuring the Output Responses to Fiscal Policy
    American Economic Journal: Economic Policy, 2013, 5, (3), 320-22 View citations (58)
59. FINANCIAL CONSTRAINTS AND INNOVATION: WHY POOR COUNTRIES DON'T CATCH UP
    Journal of the European Economic Association, 2013, 11, (5), 1115-1152 View citations (192)
    See also Working Paper Financial constraints and innovation: Why poor countries don't catch up, Munich Reprints in Economics (2013) View citations (186) (2013)
60. Output Spillovers from Fiscal Policy
    American Economic Review, 2013, 103, (3), 141-46 View citations (204)
    See also Working Paper Output Spillovers from Fiscal Policy, NBER Working Papers (2012) View citations (28) (2012)

2012

61. ESTIMATORS FOR PERSISTENT AND POSSIBLY NONSTATIONARY DATA WITH CLASSICAL PROPERTIES
    Econometric Theory, 2012, 28, (5), 1003-1036 View citations (6)
    See also Working Paper Estimators for Persistent and Possibly Non-Stationary Data with Classical Properties, NBER Working Papers (2011) (2011)
62. Measuring the Output Responses to Fiscal Policy
    American Economic Journal: Economic Policy, 2012, 4, (2), 1-27 View citations (1461)
    See also Working Paper Measuring the Output Responses to Fiscal Policy, NBER Working Papers (2010) View citations (97) (2010)
    Chapter Measuring the Output Responses to Fiscal Policy, NBER Chapters, 2010, 1-27 (2010) View citations (129) (2010)
63. Sensitivity of prices to demand shocks: A natural experiment in the San Francisco Bay Area
    Transportation Research Part A: Policy and Practice, 2012, 46, (7), 1137-1151 View citations (6)
    See also Working Paper Sensitivity of Prices to Demand Shocks: A Natural Experiment in the San Francisco Bay Area, University of East Anglia Applied and Financial Economics Working Paper Series (2010) View citations (2) (2010)
64. The Finnish Great Depression: From Russia with Love
    American Economic Review, 2012, 102, (4), 1619-44 View citations (83)
    See also Working Paper The Finnish Great Depression: From Russia with Love, IZA Discussion Papers (2009) View citations (18) (2009)
65. The Optimal Inflation Rate in New Keynesian Models: Should Central Banks Raise Their Inflation Targets in Light of the Zero Lower Bound?
    The Review of Economic Studies, 2012, 79, (4), 1371-1406 View citations (333)
    See also Working Paper The Optimal Inflation Rate in New Keynesian Models, NBER Working Papers (2010) View citations (23) (2010)
    Working Paper The Optimal Inflation Rate in New Keynesian Models: Should Central Banks Raise Their Inflation Targets in Light of the Zero Lower Bound?, 2012 Meeting Papers (2012) View citations (271) (2012)
66. What Can Survey Forecasts Tell Us about Information Rigidities?
    Journal of Political Economy, 2012, 120, (1), 116 - 159 View citations (737)
    See also Working Paper What can survey forecasts tell us about informational rigidities?, 2010 Meeting Papers (2010) View citations (13) (2010)
67. Why Are Target Interest Rate Changes So Persistent?
    American Economic Journal: Macroeconomics, 2012, 4, (4), 126-62 View citations (177)
    See also Working Paper Why Are Target Interest Rate Changes So Persistent?, NBER Working Papers (2011) View citations (13) (2011)

2011

68. Monetary Policy, Trend Inflation, and the Great Moderation: An Alternative Interpretation
    American Economic Review, 2011, 101, (1), 341-70 View citations (308)
    See also Working Paper Monetary Policy, Trend Inflation and the Great Moderation:An Alternative Interpretation, Working Papers (2010) View citations (41) (2010)
69. Strategic Interaction among Heterogeneous Price-Setters in an Estimated DSGE Model
    The Review of Economics and Statistics, 2011, 93, (3), 920-940 View citations (25)
    See also Working Paper Strategic Interaction among Heterogeneous Price-Setters in an Estimated DSGE Model, Working Papers (2010) View citations (2) (2010)
70. Which Dimensions of Culture Matter for Long-Run Growth?
    American Economic Review, 2011, 101, (3), 492-98 View citations (236)

2010

71. Are airlines' price-setting strategies different?
    Journal of Air Transport Management, 2010, 16, (1), 1-6 View citations (39)
72. Estimation of DSGE models when the data are persistent
    Journal of Monetary Economics, 2010, 57, (3), 325-340 View citations (60)
    See also Working Paper Estimation of DSGE Models When the Data are Persistent, NBER Working Papers (2009) View citations (14) (2009)
73. Globalization and Innovation in Emerging Markets
    American Economic Journal: Macroeconomics, 2010, 2, (2), 194-226 View citations (150)
    See also Working Paper Globalization and innovation in emerging markets, Policy Research Working Paper Series (2009) View citations (10) (2009)
74. Inequality and Volatility Moderation in Russia: Evidence from Micro-Level Panel Data on Consumption and Income
    Review of Economic Dynamics, 2010, 13, (1), 209-237 View citations (57)
    See also Software Item Code and data files for "Inequality and Volatility Moderation in Russia: Evidence from Micro-Level Panel Data on Consumption and Income", Computer Codes (2009) (2009)
    Working Paper Inequality and Volatility Moderation in Russia: Evidence from Micro-Level Panel Data on Consumption and Income, IZA Discussion Papers (2009) View citations (21) (2009)

2009

75. Border Effect or Country Effect? Seattle May Not Be So Far from Vancouver After All
    American Economic Journal: Macroeconomics, 2009, 1, (1), 219-41 View citations (107)
76. Financial constraints and continental business groups: Evidence from German Konzerns
    Research in International Business and Finance, 2009, 23, (3), 233-242 View citations (5)
77. Myth and Reality of Flat Tax Reform: Micro Estimates of Tax Evasion Response and Welfare Effects in Russia
    Journal of Political Economy, 2009, 117, (3), 504-554 View citations (159)
    See also Working Paper Myth and Reality of Flat Tax Reform: Micro Estimates of Tax Evasion Response and Welfare Effects in Russia, NBER Working Papers (2008) View citations (14) (2008)

2008

78. Are oligarchs productive? Theory and evidence
    Journal of Comparative Economics, 2008, 36, (1), 17-42 View citations (25)
    See also Working Paper Are Oligarchs Productive? Theory and Evidence, IZA Discussion Papers (2008) View citations (29) (2008)

2007

79. Monetary policy when potential output is uncertain: Understanding the growth gamble of the 1990s
    Journal of Monetary Economics, 2007, 54, (4), 1132-1162 View citations (64)
80. Public sector pay and corruption: Measuring bribery from micro data
    Journal of Public Economics, 2007, 91, (5-6), 963-991 View citations (127)

Chapters

2019

1. Inflation Expectations as a Policy Tool?
   A chapter in NBER International Seminar on Macroeconomics 2019, 2019 View citations (4)
   See also Journal Article Inflation expectations as a policy tool?, Elsevier (2020) View citations (192) (2020)
   Working Paper Inflation Expectations as a Policy Tool?, National Bureau of Economic Research, Inc (2018) View citations (89) (2018)

2013

2. Is The Phillips Curve Alive and Well After All? Inflation Expectations and the Missing Disinflation
   A chapter in Lessons from the Financial Crisis for Monetary Policy, 2013 View citations (65)
   See also Journal Article Is the Phillips Curve Alive and Well after All? Inflation Expectations and the Missing Disinflation, American Economic Association (2015) View citations (529) (2015)
   Working Paper Is The Phillips Curve Alive and Well After All? Inflation Expectations and the Missing Disinflation, National Bureau of Economic Research, Inc (2013) View citations (55) (2013)

2012

3. Fiscal Multipliers in Recession and Expansion
   A chapter in Fiscal Policy after the Financial Crisis, 2012, pp 63-98 View citations (299)
   See also Working Paper Fiscal Multipliers in Recession and Expansion, National Bureau of Economic Research, Inc (2011) View citations (215) (2011)
4. Understanding the Individualism-Collectivism Cleavage and Its Effects: Lessons from Cultural Psychology
   Palgrave Macmillan View citations (59)

2010

5. Measuring the Output Responses to Fiscal Policy
   A chapter in Fiscal Policy (Trans-Atlantic Public Economics Seminar, TAPES), 2010, pp 1-27 View citations (129)
   See also Journal Article Measuring the Output Responses to Fiscal Policy, American Economic Association (2012) View citations (1461) (2012)
   Working Paper Measuring the Output Responses to Fiscal Policy, National Bureau of Economic Research, Inc (2010) View citations (97) (2010)

2007

6. Foreign Direct Investment Spillovers in Emerging Market Economies
   Chapter 2 in Foreign Direct Investment in Europe, 2007 View citations (1)

Software Items

2009

1. Code and data files for "Inequality and Volatility Moderation in Russia: Evidence from Micro-Level Panel Data on Consumption and Income"
   Computer Codes, Review of Economic Dynamics
   See also Journal Article Inequality and Volatility Moderation in Russia: Evidence from Micro-Level Panel Data on Consumption and Income, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2010) View citations (57) (2010)