Details about Andrew Theo Levin

E-mail:
Homepage:	http://www.dartmouth.edu/~alevin
Phone:	603-646-8138
Postal address:	Dartmouth College Economics Dept. 6106 Rockefeller Hall Hanover, NH 03755-3514 USA
Workplace:	Economics Department, Dartmouth College, (more information at EDIRC)

Access statistics for papers by Andrew Theo Levin.

Last updated 2024-11-07. Update your information in the RePEc Author Service.

Short-id: ple143

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Working Papers

2025

1. A Bayesian Assessment of the Origins of COVID-19 using Spatiotemporal and Zoonotic Data
   NBER Working Papers, National Bureau of Economic Research, Inc

2022

2. Quantifying the Costs and Benefits of Quantitative Easing
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)

2021

3. Do Monetary Policy Frameworks Matter in Low Income Countries?
   NBER Working Papers, National Bureau of Economic Research, Inc
   Also in IMF Working Papers, International Monetary Fund (2020) View citations (1)
   See also Journal Article Do Monetary Policy Frameworks Matter in Low-Income Countries?, IMF Economic Review, Palgrave Macmillan (2023) (2023)

2020

4. Assessing the Age Specificity of Infection Fatality Rates for COVID-19: Systematic Review, Meta-analysis, & Public Policy Implications
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (40)
5. Incorporating Scenario Analysis into the Federal Reserve’s Policy Strategy and Communications
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
6. Limitations on the Effectiveness of Monetary Policy Forward Guidance in the Context of the COVID-19 Pandemic
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)

2019

7. Digital Cash: Principles & Practical Steps
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
8. The Evolution of Macro Models at the Federal Reserve Board
   Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (42)
   See also Journal Article The evolution of macro models at the Federal Reserve Board, Carnegie-Rochester Conference Series on Public Policy, Elsevier (1997) View citations (169) (1997)

2017

9. Central Bank Digital Currency And The Future Of Monetary Policy
   Economics Working Papers, Hoover Institution, Stanford University View citations (178)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2017) View citations (204)

2015

10. Labor Market Slack and Monetary Policy
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (32)
11. New Evidence on Inflation Persistence and Price Stickiness in the Euro Area: Implications for Macro Modelling
    Working Papers, Barcelona School of Economics View citations (13)
    Also in Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (2005) View citations (40)
    See also Journal Article New Evidence on Inflation Persistence and Price Stickiness in the Euro Area: Implications for Macro Modeling, Journal of the European Economic Association, MIT Press (2006) View citations (114) (2006)

2014

12. Cyclical changes in firm volatility
    Working Papers, DNB View citations (4)
    Also in CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2011) View citations (22)
    Reserve Bank of New Zealand Discussion Paper Series, Reserve Bank of New Zealand (2011) View citations (15)
    See also Journal Article Cyclical Changes in Firm Volatility, Journal of Money, Credit and Banking, Blackwell Publishing (2018) View citations (4) (2018)

2013

13. Labor Force Participation and Monetary Policy in the Wake of the Great Recession
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (47)
    Also in IMF Working Papers, International Monetary Fund (2013) View citations (48)
    See also Journal Article Labor Force Participation and Monetary Policy in the Wake of the Great Recession, Journal of Money, Credit and Banking, Blackwell Publishing (2014) View citations (84) (2014)

2012

14. When Did Firms Become More Different? Time-Varying Firm-Specific Volatility in Japan
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University View citations (10)
    Also in Working Papers, DNB (2012) View citations (11)
    See also Journal Article When did firms become more different? Time-varying firm-specific volatility in Japan, Journal of the Japanese and International Economies, Elsevier (2012) View citations (10) (2012)

2011

15. Reconsidering the Microeconomic Foundations of Price-Setting Behavior
    2011 Meeting Papers, Society for Economic Dynamics
    Also in 2009 Meeting Papers, Society for Economic Dynamics (2009) View citations (2)

2010

16. Falling Behind the Curve: A Positive Analysis of Stop-Start Monetary Policies and the Great Inflation
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (11)
    See also Chapter Falling Behind the Curve: A Positive Analysis of Stop-Start Monetary Policies and the Great Inflation, NBER Chapters, National Bureau of Economic Research, Inc (2013) View citations (19) (2013)

2009

17. Evidence from surveys of price-setting managers: Policy lessons and directions for ongoing research
    Working Papers, Banco de Portugal, Economics and Research Department View citations (1)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2007) View citations (6)
18. Limitations on the Effectiveness of Forward Guidance at the Zero Lower Bound
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (9)
    See also Journal Article Limitations on the Effectiveness of Forward Guidance at the Zero Lower Bound, International Journal of Central Banking, International Journal of Central Banking (2010) View citations (108) (2010)
19. Measuring Changes in Firm-Level Volatility: An Application to Japan
    Reserve Bank of New Zealand Discussion Paper Series, Reserve Bank of New Zealand View citations (5)

2008

20. Are long-run inflation expectations anchored more firmly in the Euro area than in the United States?
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (5)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2007) View citations (33)
    See also Journal Article Are Long-Run Inflation Expectations Anchored More Firmly in the Euro Area Than in the United States?, American Economic Journal: Macroeconomics, American Economic Association (2011) View citations (189) (2011)
21. Macroeconometric equivalence, microeconomic dissonance, and the design of monetary policy
    Working Papers, Federal Reserve Bank of St. Louis View citations (31)
    See also Journal Article Macroeconometric equivalence, microeconomic dissonance, and the design of monetary policy, Journal of Monetary Economics, Elsevier (2008) View citations (37) (2008)

2007

22. Diagnosing and treating bifurcations in perturbation analysis of dynamic macro models
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (1)
23. Financial market perceptions of recession risk
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (18)
24. Macroeconomic Volatility, Learning, and the Term Structure of Interest Rates
    2007 Meeting Papers, Society for Economic Dynamics
25. Strategic Complementarities and Optimal Monetary Policy
    Kiel Working Papers, Kiel Institute for the World Economy (IfW Kiel) View citations (44)
    Also in 2007 Meeting Papers, Society for Economic Dynamics (2007) View citations (44)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2007) View citations (42)
26. Three Great American Disinflations
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (15)
    Also in CFS Working Paper Series, Center for Financial Studies (CFS) (2006) View citations (3)
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (2007) View citations (8)
    See also Journal Article Three great American disinflations, Proceedings, Federal Reserve Bank of San Francisco (2007) View citations (12) (2007)

2006

27. Does Inflation Targeting Anchor Long-Run Inflation Expectations? Evidence from Long-Term Bond Yields in the US, UK and Sweden
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (59)
    Also in Working Paper Series, Federal Reserve Bank of San Francisco (2006) View citations (124)
28. Higher-order perturbation solutions to dynamic, discrete-time rational expectations models
    Working Paper Series, Federal Reserve Bank of San Francisco View citations (69)
29. Inflation Targeting and the Anchoring of Inflation Expectations in The Western Hemisphere
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (24)
    See also Journal Article Inflation targeting and the anchoring of inflation expectations in the western hemisphere, Economic Review, Federal Reserve Bank of San Francisco (2007) View citations (27) (2007)
    Chapter Inflation Targeting and the Anchoring of Inflation Expectations in the Western Hemisphere, Central Banking, Analysis, and Economic Policies Book Series, Central Bank of Chile (2007) View citations (77) (2007)
30. Relative Price Distortion and Optimal Monetary Policy in Open Economies
    Computing in Economics and Finance 2006, Society for Computational Economics View citations (1)
    See also Journal Article Relative Price Distortion and Optimal Monetary Policy in Open Economies, Korean Economic Review, Korean Economic Association (2008) (2008)

2005

31. Conditional Welfare Comparisons of Monetary Policy Rules
    Computing in Economics and Finance 2005, Society for Computational Economics View citations (2)
    Also in Econometric Society 2004 Far Eastern Meetings, Econometric Society (2004) View citations (4)
    Computing in Economics and Finance 2004, Society for Computational Economics (2004) View citations (4)
32. Corporate Leverage and Financial Fragility in General Equilibrium
    Computing in Economics and Finance 2005, Society for Computational Economics View citations (3)
33. Higher-Order Perturbation Solutions to Dynamic, Discrete-Time Rational Expectations Models: Methods and an Application to Optimal Monetary Policy
    Computing in Economics and Finance 2005, Society for Computational Economics
34. Identifying the Influences of Nominal and Real Rigidities in Aggregate Price-Setting Behavior
    Computing in Economics and Finance 2005, Society for Computational Economics View citations (9)
    Also in Working Paper Series, European Central Bank (2004) View citations (44)
    See also Journal Article Identifying the influences of nominal and real rigidities in aggregate price-setting behavior, Journal of Monetary Economics, Elsevier (2007) View citations (99) (2007)
35. Inflation persistence and monetary policy design: an overview
    Working Paper Series, European Central Bank View citations (35)
36. Monetary Policy Under Uncertainty in Micro-Founded Macroeconometric Models
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (340)
    Also in Computing in Economics and Finance 2005, Society for Computational Economics (2005) View citations (326)
    Working Paper Series, Federal Reserve Bank of San Francisco (2005) View citations (111)
    See also Chapter Monetary Policy under Uncertainty in Micro-Founded Macroeconometric Models, NBER Chapters, National Bureau of Economic Research, Inc (2006) View citations (179) (2006)
37. The Determinants of Market Frictions in the Corporate Market
    Computing in Economics and Finance 2005, Society for Computational Economics View citations (13)
38. The Magnitude and Cyclical Behavior of Financial Market Frictions
    2005 Meeting Papers, Society for Economic Dynamics
    Also in Computing in Economics and Finance 2004, Society for Computational Economics (2004) View citations (92)
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2004) View citations (63)

2004

39. Evaluating the Magnitude of Financial Market Frictions: Evidence from Firm-Level Data
    Econometric Society 2004 North American Summer Meetings, Econometric Society
40. Explicit inflation objectives and macroeconomic outcomes
    Working Paper Series, European Central Bank View citations (51)
41. Higher-Order Solutions to Dynamic, Discrete-Time Rational Expectations Models: Methods and an Application to Optimal Monetary Policy
    Econometric Society 2004 North American Winter Meetings, Econometric Society
    Also in Computing in Economics and Finance 2003, Society for Computational Economics (2003) View citations (2)
42. Is inflation persistence intrinsic in industrial economies?
    Working Paper Series, European Central Bank View citations (173)
    Also in Computing in Economics and Finance 2003, Society for Computational Economics (2003) View citations (69)
    Working Papers, Federal Reserve Bank of St. Louis (2003) View citations (127)
43. Optimal Monetary Policy in an Imperfect World
    Computing in Economics and Finance 2004, Society for Computational Economics View citations (1)
44. Optimal Monetary Policy with Endogenous Capital Accumulation
    2004 Meeting Papers, Society for Economic Dynamics View citations (35)

2003

45. Data Uncertainty and the Role of Money as an Information Variable for Monetary Policy
    CFS Working Paper Series, Center for Financial Studies (CFS) View citations (5)
    Also in Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2001) View citations (38)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2003) View citations (10)
    Working Paper Series, European Central Bank (2001) View citations (62)
    See also Journal Article Data uncertainty and the role of money as an information variable for monetary policy, European Economic Review, Elsevier (2005) View citations (107) (2005)
46. Monetary Policy Implications of Endogenous Capital Accumulation
    Computing in Economics and Finance 2003, Society for Computational Economics
47. Parameter Uncertainty and the Central Bank's Objective Function
    Computing in Economics and Finance 2003, Society for Computational Economics View citations (18)
48. Robust Monetary Policy with Competing Reference Models
    Computing in Economics and Finance 2003, Society for Computational Economics View citations (226)
    Also in Working Paper Series, Federal Reserve Bank of San Francisco (2003) View citations (209)
    See also Journal Article Robust monetary policy with competing reference models, Journal of Monetary Economics, Elsevier (2003) View citations (241) (2003)
49. The Non-Linearity of the Financial Accelerator
    Computing in Economics and Finance 2003, Society for Computational Economics View citations (1)
50. The performance of forecast-based monetary policy rules under model uncertainty
    CFS Working Paper Series, Center for Financial Studies (CFS) View citations (266)
    Also in Econometric Society World Congress 2000 Contributed Papers, Econometric Society (2000) View citations (5)
    Working Paper Series, European Central Bank (2001) View citations (42)
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2001) View citations (35)
    Computing in Economics and Finance 2000, Society for Computational Economics (2000) View citations (6)
    See also Journal Article The Performance of Forecast-Based Monetary Policy Rules Under Model Uncertainty, American Economic Review, American Economic Association (2003) View citations (305) (2003)

2002

51. Is Inflation Persistence Inherent in Industrial Economies?
    Computing in Economics and Finance 2002, Society for Computational Economics View citations (1)
52. Optimal Monetary Policy with Durable and Non-Durable Goods
    Computing in Economics and Finance 2002, Society for Computational Economics View citations (36)
    Also in International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (2002) View citations (38)
    Working Paper Series, European Central Bank (2002) View citations (49)
53. Recent U.S. macroeconomic stability: good policies, good practices or good luck?
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.)
    See also Journal Article Recent U.S. Macroeconomic Stability: Good Policies, Good Practices, or Good Luck?, The Review of Economics and Statistics, MIT Press (2004) View citations (134) (2004)

2001

54. Evaluating Information Variables for Monetary Policy in a Noisy Economic Environment
    Computing in Economics and Finance 2001, Society for Computational Economics View citations (3)
55. Imperfect Credibility and Inflation Persistence
    Computing in Economics and Finance 2001, Society for Computational Economics View citations (81)
    Also in Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2001) View citations (56)
    See also Journal Article Imperfect credibility and inflation persistence, Journal of Monetary Economics, Elsevier (2003) View citations (370) (2003)
56. Patience, Persistence, and Welfare Costs of Incomplete Markets in Open Economies
    Computing in Economics and Finance 2001, Society for Computational Economics View citations (3)
    Also in International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (2001) View citations (2)
    See also Journal Article Patience, persistence, and welfare costs of incomplete markets in open economies, Journal of International Economics, Elsevier (2003) View citations (21) (2003)
57. The Effects of Dollarization on Macroeconomic Stability
    Computing in Economics and Finance 2001, Society for Computational Economics View citations (5)

2000

58. Patience, Persistence and Properties of Two-Country Incomplete Market Models
    Econometric Society World Congress 2000 Contributed Papers, Econometric Society View citations (4)
59. Robust Covariance Matrix Estimation with Data-Dependent VAR Prewhitening Order
    University of California at San Diego, Economics Working Paper Series, Department of Economics, UC San Diego View citations (27)
    Also in NBER Technical Working Papers, National Bureau of Economic Research, Inc (2000) View citations (25)

1999

60. Inaccuracy of Loglinearization in Welfare Calculations: Complete vs. Incomplete Market Economies
    Computing in Economics and Finance 1999, Society for Computational Economics
61. Optimal Monetary Policy with Staggered Wage and Price Contracts
    Computing in Economics and Finance 1999, Society for Computational Economics View citations (97)
    Also in International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (1999) View citations (37)
    See also Journal Article Optimal monetary policy with staggered wage and price contracts, Journal of Monetary Economics, Elsevier (2000) View citations (2043) (2000)
62. The Performance of Forward-Looking Monetary Policy Rules under Model Uncertainty
    Computing in Economics and Finance 1999, Society for Computational Economics View citations (9)

1998

63. Macroeconomic implications of competitive college admissions
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (1)
64. Robustness of Simple Monetary Policy Rules under Model Uncertainty
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (123)
    Also in Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (1998) View citations (209)
    See also Chapter Robustness of Simple Monetary Policy Rules under Model Uncertainty, NBER Chapters, National Bureau of Economic Research, Inc (1999) View citations (380) (1999)
65. Tradeoffs Between Inflation and Output-Gap Variances in an Optimizing-Agent Model
    Seminar Papers, Stockholm University, Institute for International Economic Studies View citations (13)
    Also in Working Papers, Stockholm - International Economic Studies (1998) View citations (14)
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (1998) View citations (6)
66. What determines public support for affirmative action?
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.)
    See also Journal Article What Determines Public Support for Affirmative Action?, Southern Economic Journal, John Wiley & Sons (2003) (2003)

1997

67. A guide to FRB/Global
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (6)

1996

68. A Practitioner's Guide to Robust Covariance Matrix Estimation
    NBER Technical Working Papers, National Bureau of Economic Research, Inc View citations (48)
    See also Software Item VARHAC Covariance Matrix Estimator (RATS), QM&RBC Codes, Quantitative Macroeconomics & Real Business Cycles (1996) (1996)
    Software Item VARHAC Covariance Matrix Estimator (FORTRAN), QM&RBC Codes, Quantitative Macroeconomics & Real Business Cycles (1996) (1996)
    Software Item VARHAC Covariance Matrix Estimator (GAUSS), QM&RBC Codes, Quantitative Macroeconomics & Real Business Cycles (1996) (1996)
69. Inferences from Parametric and Non-Parametric Covariance Matrix Estimation Procedures
    NBER Technical Working Papers, National Bureau of Economic Research, Inc View citations (26)
    Also in International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (1995)

Journal Articles

2024

1. Rajan, Raghuram. Monetary Policy and Its Unintended Consequences
   Journal of Economic Literature, 2024, 62, (2), 813-14
2. The composition of UN peacekeeping operations and aid worker security
   Journal of Peace Research, 2024, 61, (5), 726-743

2023

3. Do Monetary Policy Frameworks Matter in Low-Income Countries?
   IMF Economic Review, 2023, 71, (4), 1000-1024
   See also Working Paper Do Monetary Policy Frameworks Matter in Low Income Countries?, NBER Working Papers (2021) (2021)

2018

4. Cyclical Changes in Firm Volatility
   Journal of Money, Credit and Banking, 2018, 50, (2-3), 317-349 View citations (4)
   See also Working Paper Cyclical changes in firm volatility, Working Papers (2014) View citations (4) (2014)

2017

5. Policy credibility and alternative approaches to disinflation
   Research in Economics, 2017, 71, (3), 422-440 View citations (6)

2014

6. Are Long-Term Inflation Expectations Well Anchored in Brazil, Chile, and Mexico?
   International Journal of Central Banking, 2014, 10, (2), 337-400 View citations (25)
7. Comment on “Chronic Deflation in Japan”
   Asian Economic Policy Review, 2014, 9, (1), 42-43 View citations (1)
8. Establishing and Maintaining a Firm Nominal Anchor
   International Journal of Central Banking, 2014, 10, (2), 405-412 View citations (2)
9. Labor Force Participation and Monetary Policy in the Wake of the Great Recession
   Journal of Money, Credit and Banking, 2014, 46, (S2), 3-49 View citations (84)
   See also Working Paper Labor Force Participation and Monetary Policy in the Wake of the Great Recession, CEPR Discussion Papers (2013) View citations (47) (2013)
10. The design and communication of systematic monetary policy strategies
    Journal of Economic Dynamics and Control, 2014, 49, (C), 52-69 View citations (11)

2012

11. When did firms become more different? Time-varying firm-specific volatility in Japan
    Journal of the Japanese and International Economies, 2012, 26, (4), 578-601 View citations (10)
    See also Working Paper When Did Firms Become More Different? Time-Varying Firm-Specific Volatility in Japan, CAMA Working Papers (2012) View citations (10) (2012)

2011

12. Are Long-Run Inflation Expectations Anchored More Firmly in the Euro Area Than in the United States?
    American Economic Journal: Macroeconomics, 2011, 3, (2), 104-29 View citations (189)
    See also Working Paper Are long-run inflation expectations anchored more firmly in the Euro area than in the United States?, Finance and Economics Discussion Series (2008) View citations (5) (2008)
13. Bifurcation in Perturbation Analysis:Calvo Pricing Examples
    Computational Economics, 2011, 37, (3), 221-236

2010

14. Does Inflation Targeting Anchor Long-Run Inflation Expectations? Evidence from the U.S., UK, and Sweden
    Journal of the European Economic Association, 2010, 8, (6), 1208-1242 View citations (260)
15. Limitations on the Effectiveness of Forward Guidance at the Zero Lower Bound
    International Journal of Central Banking, 2010, 6, (1), 143-189 View citations (108)
    See also Working Paper Limitations on the Effectiveness of Forward Guidance at the Zero Lower Bound, CEPR Discussion Papers (2009) View citations (9) (2009)

2008

16. Commentary on \\"Optimal monetary policy under uncertainty: a Markov jump-linear-quadratic approach\\"
    Review, 2008, 90, (Jul), 301-306
17. Macroeconometric equivalence, microeconomic dissonance, and the design of monetary policy
    Journal of Monetary Economics, 2008, 55, (Supplement 1), S48-S62 View citations (37)
    See also Working Paper Macroeconometric equivalence, microeconomic dissonance, and the design of monetary policy, Working Papers (2008) View citations (31) (2008)
18. Relative Price Distortion and Optimal Monetary Policy in Open Economies
    Korean Economic Review, 2008, 24, 5-31
    See also Working Paper Relative Price Distortion and Optimal Monetary Policy in Open Economies, Computing in Economics and Finance 2006 (2006) View citations (1) (2006)

2007

19. Identifying the influences of nominal and real rigidities in aggregate price-setting behavior
    Journal of Monetary Economics, 2007, 54, (8), 2439-2466 View citations (99)
    See also Working Paper Identifying the Influences of Nominal and Real Rigidities in Aggregate Price-Setting Behavior, Computing in Economics and Finance 2005 (2005) View citations (9) (2005)
20. Inflation targeting and the anchoring of inflation expectations in the western hemisphere
    Economic Review, 2007, 25-47 View citations (27)
    Also in Journal Economía Chilena (The Chilean Economy), 2006, 9, (3), 19-52 (2006) View citations (21)
    See also Working Paper Inflation Targeting and the Anchoring of Inflation Expectations in The Western Hemisphere, Working Papers Central Bank of Chile (2006) View citations (24) (2006)
    Chapter Inflation Targeting and the Anchoring of Inflation Expectations in the Western Hemisphere, Central Banking, Analysis, and Economic Policies Book Series, 2007, 11, 415-465 (2007) View citations (77) (2007)
21. Reconsidering the natural rate hypothesis in a New Keynesian framework
    Journal of Monetary Economics, 2007, 54, (5), 1344-1365 View citations (64)
22. Three great American disinflations
    Proceedings, 2007 View citations (12)
    See also Working Paper Three Great American Disinflations, NBER Working Papers (2007) View citations (15) (2007)

2006

23. New Evidence on Inflation Persistence and Price Stickiness in the Euro Area: Implications for Macro Modeling
    Journal of the European Economic Association, 2006, 4, (2-3), 562-574 View citations (114)
    See also Working Paper New Evidence on Inflation Persistence and Price Stickiness in the Euro Area: Implications for Macro Modelling, Working Papers (2015) View citations (13) (2015)
24. Optimal monetary policy with durable consumption goods
    Journal of Monetary Economics, 2006, 53, (7), 1341-1359 View citations (199)
25. Sectoral and Aggregate Inflation Dynamics in the Euro Area
    Journal of the European Economic Association, 2006, 4, (2-3), 585-593 View citations (81)

2005

26. Comment on: "Endogenous objectives and the evaluation of targeting rules for monetary policy"
    Journal of Monetary Economics, 2005, 52, (5), 913-919 View citations (1)
27. Data uncertainty and the role of money as an information variable for monetary policy
    European Economic Review, 2005, 49, (4), 975-1006 View citations (107)
    See also Working Paper Data Uncertainty and the Role of Money as an Information Variable for Monetary Policy, CFS Working Paper Series (2003) View citations (5) (2003)
28. No-arbitrage Taylor rules - comments
    Proceedings, 2005

2004

29. Recent U.S. Macroeconomic Stability: Good Policies, Good Practices, or Good Luck?
    The Review of Economics and Statistics, 2004, 86, (3), 824-832 View citations (134)
    See also Working Paper Recent U.S. macroeconomic stability: good policies, good practices or good luck?, International Finance Discussion Papers (2002) (2002)
30. The macroeconomic effects of inflation targeting
    Review, 2004, 86, (Jul), 51-80 View citations (235)

2003

31. Imperfect credibility and inflation persistence
    Journal of Monetary Economics, 2003, 50, (4), 915-944 View citations (370)
    See also Working Paper Imperfect Credibility and Inflation Persistence, Computing in Economics and Finance 2001 (2001) View citations (81) (2001)
32. Patience, persistence, and welfare costs of incomplete markets in open economies
    Journal of International Economics, 2003, 61, (2), 385-396 View citations (21)
    See also Working Paper Patience, Persistence, and Welfare Costs of Incomplete Markets in Open Economies, Computing in Economics and Finance 2001 (2001) View citations (3) (2001)
33. Robust monetary policy with competing reference models
    Journal of Monetary Economics, 2003, 50, (5), 945-975 View citations (241)
    See also Working Paper Robust Monetary Policy with Competing Reference Models, Computing in Economics and Finance 2003 (2003) View citations (226) (2003)
34. The Performance of Forecast-Based Monetary Policy Rules Under Model Uncertainty
    American Economic Review, 2003, 93, (3), 622-645 View citations (305)
    See also Working Paper The performance of forecast-based monetary policy rules under model uncertainty, CFS Working Paper Series (2003) View citations (266) (2003)
35. What Determines Public Support for Affirmative Action?
    Southern Economic Journal, 2003, 69, (3), 612-627
    See also Working Paper What determines public support for affirmative action?, International Finance Discussion Papers (1998) (1998)

2002

36. Comment on: Monetary policy rules in the open economy: effects on welfare and business cycles
    Journal of Monetary Economics, 2002, 49, (5), 1017-1023 View citations (5)
37. Unit root tests in panel data: asymptotic and finite-sample properties
    Journal of Econometrics, 2002, 108, (1), 1-24 View citations (5776)

2000

38. Optimal monetary policy with staggered wage and price contracts
    Journal of Monetary Economics, 2000, 46, (2), 281-313 View citations (2043)
    See also Working Paper Optimal Monetary Policy with Staggered Wage and Price Contracts, Computing in Economics and Finance 1999 (1999) View citations (97) (1999)

1997

39. Complementarities between Exports and Human Capital in Economic Growth: Evidence from the Semi-industrialized Countries
    Economic Development and Cultural Change, 1997, 46, (1), 155-74 View citations (60)
40. Evaluating International Economic Policy with the Federal Reserve's Global Model
    Federal Reserve Bulletin, 1997, 83, (10), pp. 797-817 View citations (6)
    Also in Federal Reserve Bulletin, 1997, (Oct), 797-817 (1997) View citations (10)
41. The evolution of macro models at the Federal Reserve Board
    Carnegie-Rochester Conference Series on Public Policy, 1997, 47, (1), 43-81 View citations (169)
    See also Working Paper The Evolution of Macro Models at the Federal Reserve Board, Finance and Economics Discussion Series (2019) View citations (42) (2019)

Books

2018

1. Do We Need Central Bank Digital Currency? Economics, Technology and Institutions
   SUERF Studies, SUERF - The European Money and Finance Forum View citations (19)

Chapters

2018

1. Monetary Policy and Payments
   Chapter 4 in The Structural Foundations of Monetary Policy, 2018
2. Robust Design Principles for Monetary Policy Committees
   A chapter in Central Bank Frameworks: Evolution or Revolution?, 2018 View citations (1)

2013

3. Falling Behind the Curve: A Positive Analysis of Stop-Start Monetary Policies and the Great Inflation
   A chapter in The Great Inflation: The Rebirth of Modern Central Banking, 2013, pp 217-244 View citations (19)
   See also Working Paper Falling Behind the Curve: A Positive Analysis of Stop-Start Monetary Policies and the Great Inflation, National Bureau of Economic Research, Inc (2010) View citations (11) (2010)

2007

4. Comment on "Monetary Policy in Europe versus the United States: What Explains the Difference?"
   A chapter in International Dimensions of Monetary Policy, 2007, pp 533-545
5. Inflation Targeting and the Anchoring of Inflation Expectations in the Western Hemisphere
   Chapter 11 in Monetary Policy under Inflation Targeting, 2007, vol. 11, pp 415-465 View citations (77)
   See also Working Paper Inflation Targeting and the Anchoring of Inflation Expectations in The Western Hemisphere, Central Bank of Chile (2006) View citations (24) (2006)
   Journal Article Inflation targeting and the anchoring of inflation expectations in the western hemisphere, Federal Reserve Bank of San Francisco (2007) View citations (27) (2007)

2006

6. Monetary Policy under Uncertainty in Micro-Founded Macroeconometric Models
   A chapter in NBER Macroeconomics Annual 2005, Volume 20, 2006, pp 229-312 View citations (179)
   See also Working Paper Monetary Policy Under Uncertainty in Micro-Founded Macroeconometric Models, National Bureau of Economic Research, Inc (2005) View citations (340) (2005)

1999

7. Robustness of Simple Monetary Policy Rules under Model Uncertainty
   A chapter in Monetary Policy Rules, 1999, pp 263-318 View citations (380)
   See also Working Paper Robustness of Simple Monetary Policy Rules under Model Uncertainty, National Bureau of Economic Research, Inc (1998) View citations (123) (1998)

Software Items

1996

1. VARHAC Covariance Matrix Estimator (FORTRAN)
   QM&RBC Codes, Quantitative Macroeconomics & Real Business Cycles
   See also Working Paper A Practitioner's Guide to Robust Covariance Matrix Estimation, NBER Technical Working Papers, National Bureau of Economic Research, Inc (1996) View citations (48) (1996)
2. VARHAC Covariance Matrix Estimator (GAUSS)
   QM&RBC Codes, Quantitative Macroeconomics & Real Business Cycles
   See also Working Paper A Practitioner's Guide to Robust Covariance Matrix Estimation, NBER Technical Working Papers, National Bureau of Economic Research, Inc (1996) View citations (48) (1996)
3. VARHAC Covariance Matrix Estimator (RATS)
   QM&RBC Codes, Quantitative Macroeconomics & Real Business Cycles
   See also Working Paper A Practitioner's Guide to Robust Covariance Matrix Estimation, NBER Technical Working Papers, National Bureau of Economic Research, Inc (1996) View citations (48) (1996)

1995

4. RATS code for Business Cycles Statistics and their Standard Errors
   QM&RBC Codes, Quantitative Macroeconomics & Real Business Cycles