Details about Alejandro Justiniano

This author is deceased (2018-04-07).

Access statistics for papers by Alejandro Justiniano.

Last updated 2023-03-10. Update your information in the RePEc Author Service.

Short-id: pju154

Working Papers

2017

1. Mortgages and Heterogeneity in the Transmission of Monetary Policy
   2017 Meeting Papers, Society for Economic Dynamics
2. The Mortgage Rate Conundrum
   2017 Meeting Papers, Society for Economic Dynamics View citations (24)
   Also in Working Paper Series, Federal Reserve Bank of Chicago (2017) View citations (5)
   Staff Reports, Federal Reserve Bank of New York (2017) View citations (11)
   NBER Working Papers, National Bureau of Economic Research, Inc (2017) View citations (24)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2017) View citations (24)
   See also Journal Article The Mortgage Rate Conundrum, Journal of Political Economy, University of Chicago Press (2022) View citations (4) (2022)

2016

3. A Simple Model of Subprime Borrowers and Credit Growth
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (14)
   Also in 2016 Meeting Papers, Society for Economic Dynamics (2016) View citations (14)
   Staff Reports, Federal Reserve Bank of New York (2016) View citations (13)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2016) View citations (14)
   See also Journal Article A Simple Model of Subprime Borrowers and Credit Growth, American Economic Review, American Economic Association (2016) View citations (14) (2016)
4. Forecasting Economic Activity with Mixed Frequency Bayesian VARs
   Working Paper Series, Federal Reserve Bank of Chicago View citations (17)
5. Forward Guidance and Macroeconomic Outcomes Since the Financial Crisis
   Working Paper Series, Federal Reserve Bank of Chicago View citations (26)
   See also Chapter Forward Guidance and Macroeconomic Outcomes Since the Financial Crisis, NBER Chapters, National Bureau of Economic Research, Inc (2016) View citations (93) (2016)
   Journal Article Forward Guidance and Macroeconomic Outcomes since the Financial Crisis, NBER Macroeconomics Annual, University of Chicago Press (2017) View citations (85) (2017)

2015

6. Credit Supply and the Housing Boom
   Liberty Street Economics, Federal Reserve Bank of New York View citations (5)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2015) View citations (61)
   Working Paper Series, Federal Reserve Bank of Chicago (2014) View citations (21)
   Staff Reports, Federal Reserve Bank of New York (2015) View citations (30)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2015) View citations (61)
   2014 Meeting Papers, Society for Economic Dynamics (2014) View citations (35)
   See also Journal Article Credit Supply and the Housing Boom, Journal of Political Economy, University of Chicago Press (2019) View citations (88) (2019)
7. What Happened to Mortgage Interest Rates During the Boom?
   2015 Meeting Papers, Society for Economic Dynamics

2013

8. Household Debt and Foreign Capital Flows
   2013 Meeting Papers, Society for Economic Dynamics
9. Household Leveraging and Deleveraging
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (45)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2013) View citations (55)
   Staff Reports, Federal Reserve Bank of New York (2013) View citations (25)
   See also Journal Article Household leveraging and deleveraging, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2015) View citations (131) (2015)
10. The Effects of the Saving and Banking Glut on the U.S. Economy
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
    Also in Staff Reports, Federal Reserve Bank of New York (2013) View citations (2)
    Working Paper Series, Federal Reserve Bank of Chicago (2013) View citations (2)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2013) View citations (2)
    See also Chapter The Effects of the Saving and Banking Glut on the U.S. Economy, NBER Chapters, National Bureau of Economic Research, Inc (2013) View citations (2) (2013)

2012

11. Macroeconomic effects of Federal Reserve forward guidance
    Working Paper Series, Federal Reserve Bank of Chicago View citations (230)
    See also Journal Article Macroeconomic Effects of Federal Reserve Forward Guidance, Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution (2012) View citations (466) (2012)
12. The Chicago Fed DSGE model
    Working Paper Series, Federal Reserve Bank of Chicago View citations (22)

2011

13. Is there a trade-off between inflation and output stabilization?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (24)
    Also in 2011 Meeting Papers, Society for Economic Dynamics (2011) View citations (11)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2011) View citations (12)
    See also Journal Article Is There a Trade-Off between Inflation and Output Stabilization?, American Economic Journal: Macroeconomics, American Economic Association (2013) View citations (137) (2013)
14. The Cyclical Behavior of Equilibrium Unemployment and Vacancies in the US and Europe
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (39)

2009

15. Can structural small open economy models account for the influence of foreign disturbances?
    Working Paper Series, Federal Reserve Bank of Chicago View citations (3)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2008) View citations (10)
    2006 Meeting Papers, Society for Economic Dynamics (2006) View citations (39)
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2006) View citations (43)
    See also Journal Article Can structural small open-economy models account for the influence of foreign disturbances?, Journal of International Economics, Elsevier (2010) View citations (209) (2010)
16. Investment Shocks and Business Cycles
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (10)
    Also in Staff Reports, Federal Reserve Bank of New York (2008) View citations (45)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2008) View citations (75)
    Working Paper Series, Federal Reserve Bank of Chicago (2008) View citations (44)
    See also Journal Article Investment shocks and business cycles, Journal of Monetary Economics, Elsevier (2010) View citations (579) (2010)
17. Investment Shocks and the Relative Price of Investment
    2009 Meeting Papers, Society for Economic Dynamics View citations (27)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2009) View citations (47)
    Staff Reports, Federal Reserve Bank of New York (2009) View citations (19)
    See also Software Item Code and data files for "Investment Shocks and the Relative Price of Investment", Computer Codes, Review of Economic Dynamics (2010) (2010)
    Journal Article Investment Shocks and the Relative Price of Investment, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2011) View citations (420) (2011)
18. Monetary policy and uncertainty in an empirical small open economy model
    Working Paper Series, Federal Reserve Bank of Chicago View citations (14)
    See also Journal Article Monetary policy and uncertainty in an empirical small open-economy model, Journal of Applied Econometrics, John Wiley & Sons, Ltd. (2010) View citations (236) (2010)
19. Potential and natural output
    2009 Meeting Papers, Society for Economic Dynamics View citations (7)

2006

20. Foreign shock transmission in small open economies
    Computing in Economics and Finance 2006, Society for Computational Economics
21. Multi-Sectoral Cascading and Price Dynamics - A Bayesian Econometric Evaluation
    Computing in Economics and Finance 2006, Society for Computational Economics View citations (2)
22. The Time Varying Volatility of Macroeconomic Fluctuations
    2006 Meeting Papers, Society for Economic Dynamics View citations (50)
    Also in Computing in Economics and Finance 2006, Society for Computational Economics (2006) View citations (47)
    NBER Working Papers, National Bureau of Economic Research, Inc (2006) View citations (51)
    See also Journal Article The Time-Varying Volatility of Macroeconomic Fluctuations, American Economic Review, American Economic Association (2008) View citations (632) (2008)

2005

23. Stochastic Volatility in DSGE models
    Computing in Economics and Finance 2005, Society for Computational Economics

2004

24. Robust Inflation-Forecast-Based Rules to Shield against Indeterminacy
    School of Economics Discussion Papers, School of Economics, University of Surrey View citations (11)
    See also Journal Article Robust inflation-forecast-based rules to shield against indeterminacy, Journal of Economic Dynamics and Control, Elsevier (2006) View citations (38) (2006)
25. Sources and Propagation Mechanims of Foreign Disturbances in Small Open Economies: A Dynamic Factor Analysis
    Econometric Society 2004 Latin American Meetings, Econometric Society View citations (4)

Journal Articles

2022

1. The Mortgage Rate Conundrum
   Journal of Political Economy, 2022, 130, (1), 121 - 156 View citations (4)
   See also Working Paper The Mortgage Rate Conundrum, 2017 Meeting Papers (2017) View citations (24) (2017)

2019

2. Credit Supply and the Housing Boom
   Journal of Political Economy, 2019, 127, (3), 1317 - 1350 View citations (88)
   See also Working Paper Credit Supply and the Housing Boom, Liberty Street Economics (2015) View citations (5) (2015)
3. Forecasting economic activity with mixed frequency BVARs
   International Journal of Forecasting, 2019, 35, (4), 1692-1707 View citations (19)

2017

4. Forward Guidance and Macroeconomic Outcomes since the Financial Crisis
   NBER Macroeconomics Annual, 2017, 31, (1), 283 - 357 View citations (85)
   See also Working Paper Forward Guidance and Macroeconomic Outcomes Since the Financial Crisis, Working Paper Series (2016) View citations (26) (2016)
   Chapter Forward Guidance and Macroeconomic Outcomes Since the Financial Crisis, NBER Chapters, 2016, 283-357 (2016) View citations (93) (2016)

2016

5. A Simple Model of Subprime Borrowers and Credit Growth
   American Economic Review, 2016, 106, (5), 543-47 View citations (14)
   See also Working Paper A Simple Model of Subprime Borrowers and Credit Growth, NBER Working Papers (2016) View citations (14) (2016)

2015

6. Household leveraging and deleveraging
   Review of Economic Dynamics, 2015, 18, (1), 3-20 View citations (131)
   See also Working Paper Household Leveraging and Deleveraging, CEPR Discussion Papers (2013) View citations (45) (2013)
7. Job Switching and Wage Growth
   Chicago Fed Letter, 2015 View citations (9)

2014

8. The Natural Rate of Interest and Its Usefulness for Monetary Policy
   American Economic Review, 2014, 104, (5), 37-43 View citations (142)

2013

9. Comment
   NBER International Seminar on Macroeconomics, 2013, 9, (1), 415 - 424
10. Is There a Trade-Off between Inflation and Output Stabilization?
    American Economic Journal: Macroeconomics, 2013, 5, (2), 1-31 View citations (137)
    See also Working Paper Is there a trade-off between inflation and output stabilization?, NBER Working Papers (2011) View citations (24) (2011)

2012

11. Macroeconomic Effects of Federal Reserve Forward Guidance
    Brookings Papers on Economic Activity, 2012, 43, (1 (Spring)), 1-80 View citations (466)
    See also Working Paper Macroeconomic effects of Federal Reserve forward guidance, Working Paper Series (2012) View citations (230) (2012)
12. The Cyclical Behavior of Equilibrium Unemployment and Vacancies in the United States and Europe
    NBER International Seminar on Macroeconomics, 2012, 8, (1), 169 - 235 View citations (12)
    See also Chapter The Cyclical Behavior of Equilibrium Unemployment and Vacancies in the United States and Europe, NBER Chapters, 2011, 169-235 (2011) View citations (18) (2011)

2011

13. Investment Shocks and the Relative Price of Investment
    Review of Economic Dynamics, 2011, 14, (1), 101-121 View citations (420)
    See also Software Item Code and data files for "Investment Shocks and the Relative Price of Investment", Computer Codes (2010) (2010)
    Working Paper Investment Shocks and the Relative Price of Investment, 2009 Meeting Papers (2009) View citations (27) (2009)

2010

14. Can structural small open-economy models account for the influence of foreign disturbances?
    Journal of International Economics, 2010, 81, (1), 61-74 View citations (209)
    See also Working Paper Can structural small open economy models account for the influence of foreign disturbances?, Working Paper Series (2009) View citations (3) (2009)
15. Investment shocks and business cycles
    Journal of Monetary Economics, 2010, 57, (2), 132-145 View citations (579)
    See also Working Paper Investment Shocks and Business Cycles, NBER Working Papers (2009) View citations (10) (2009)
16. Measuring the equilibrium real interest rate
    Economic Perspectives, 2010, 34, (Q I), 14-27 View citations (21)
17. Monetary policy and uncertainty in an empirical small open-economy model
    Journal of Applied Econometrics, 2010, 25, (1), 93-128 View citations (236)
    Also in Journal of Applied Econometrics, 2010, 25, (1), 93-128 (2010) View citations (70)
    See also Working Paper Monetary policy and uncertainty in an empirical small open economy model, Working Paper Series (2009) View citations (14) (2009)

2008

18. The Time-Varying Volatility of Macroeconomic Fluctuations
    American Economic Review, 2008, 98, (3), 604-41 View citations (632)
    See also Working Paper The Time Varying Volatility of Macroeconomic Fluctuations, 2006 Meeting Papers (2006) View citations (50) (2006)

2006

19. An Estimated Small Open Economy Model of the Financial Accelerator
    IMF Staff Papers, 2006, 53, (2), 2 View citations (52)
20. Robust inflation-forecast-based rules to shield against indeterminacy
    Journal of Economic Dynamics and Control, 2006, 30, (9-10), 1491-1526 View citations (38)
    See also Working Paper Robust Inflation-Forecast-Based Rules to Shield against Indeterminacy, School of Economics Discussion Papers (2004) View citations (11) (2004)

Chapters

2016

1. Forward Guidance and Macroeconomic Outcomes Since the Financial Crisis
   A chapter in NBER Macroeconomics Annual 2016, Volume 31, 2016, pp 283-357 View citations (93)
   See also Working Paper Forward Guidance and Macroeconomic Outcomes Since the Financial Crisis, Federal Reserve Bank of Chicago (2016) View citations (26) (2016)
   Journal Article Forward Guidance and Macroeconomic Outcomes since the Financial Crisis, University of Chicago Press (2017) View citations (85) (2017)

2013

2. The Effects of the Saving and Banking Glut on the U.S. Economy
   A chapter in NBER International Seminar on Macroeconomics 2013, 2013, pp 52-67 View citations (2)
   See also Working Paper The Effects of the Saving and Banking Glut on the U.S. Economy, National Bureau of Economic Research, Inc (2013) View citations (5) (2013)

2012

3. Comment on "Structural and Cyclical Forces in the Labor Market during the Great Recession: Cross-Country Evidence"
   A chapter in NBER International Seminar on Macroeconomics 2012, 2012, pp 415-424 View citations (1)

2011

4. The Cyclical Behavior of Equilibrium Unemployment and Vacancies in the United States and Europe
   A chapter in NBER International Seminar on Macroeconomics 2011, 2011, pp 169-235 View citations (18)
   See also Journal Article The Cyclical Behavior of Equilibrium Unemployment and Vacancies in the United States and Europe, University of Chicago Press (2012) View citations (12) (2012)

Software Items

2010

1. Code and data files for "Investment Shocks and the Relative Price of Investment"
   Computer Codes, Review of Economic Dynamics
   See also Working Paper Investment Shocks and the Relative Price of Investment, 2009 Meeting Papers, Society for Economic Dynamics (2009) View citations (27) (2009)
   Journal Article Investment Shocks and the Relative Price of Investment, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2011) View citations (420) (2011)