Details about Jonathan McCarthy

Access statistics for papers by Jonathan McCarthy.

Last updated 2024-05-06. Update your information in the RePEc Author Service.

Short-id: pmc120

Working Papers

2023

1. An Update on the Health of the U.S. Consumer
   Liberty Street Economics, Federal Reserve Bank of New York

2021

2. Discretionary and Nondiscretionary Services Expenditures during the COVID-19 Recession
   Liberty Street Economics, Federal Reserve Bank of New York

2018

3. What About Spending on Consumer Goods?
   Liberty Street Economics, Federal Reserve Bank of New York

2017

4. Discretionary Services Spending Has Finally Made It Back (to 2007)
   Liberty Street Economics, Federal Reserve Bank of New York

2015

5. Differences in Rent Inflation by Cost of Housing
   Liberty Street Economics, Federal Reserve Bank of New York

2014

6. The Slow Recovery in Consumer Spending
   Liberty Street Economics, Federal Reserve Bank of New York

2013

7. The SOMA Portfolio through Time
   Liberty Street Economics, Federal Reserve Bank of New York View citations (1)

2012

8. Conclusion: How Low Will the Unemployment Rate Go?
   Liberty Street Economics, Federal Reserve Bank of New York
9. Household Services Expenditures: An Update
   Liberty Street Economics, Federal Reserve Bank of New York
10. Okun’s Law and Long Expansions
    Liberty Street Economics, Federal Reserve Bank of New York
11. Prospects for the U.S. Labor Market
    Liberty Street Economics, Federal Reserve Bank of New York

2011

12. Discretionary Services Expenditures in This Business Cycle
    Liberty Street Economics, Federal Reserve Bank of New York
13. How Much Will the Rise in Commodity Prices Reduce Discretionary Income?
    Liberty Street Economics, Federal Reserve Bank of New York
14. Lower Income Households’ Vulnerability to the Recent Commodity Price Surge
    Liberty Street Economics, Federal Reserve Bank of New York

2010

15. The measurement of rent inflation
    Staff Reports, Federal Reserve Bank of New York View citations (9)

2006

16. Housing activity, home values, and consumer spending
    Proceedings, Federal Reserve Bank of Chicago View citations (3)

2005

17. Is There a 'Bubble' in the Housing Market Now?
    NFI Policy Briefs, Indiana State University, Scott College of Business, Networks Financial Institute View citations (4)

2003

18. Inventory dynamics and business cycles: what has changed?
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (12)
    Also in Staff Reports, Federal Reserve Bank of New York (2002) View citations (4)
    See also Journal Article Inventory Dynamics and Business Cycles: What Has Changed?, Journal of Money, Credit and Banking, Blackwell Publishing (2007) View citations (7) (2007)

2000

19. Microeconomic inventory adjustment: evidence from U.S. firm-level data
    Staff Reports, Federal Reserve Bank of New York View citations (4)
    Also in Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2000) View citations (3)
20. Pass-through of exchange rates and import prices to domestic inflation in some industrialized economies
    Staff Reports, Federal Reserve Bank of New York View citations (168)
    Also in BIS Working Papers, Bank for International Settlements (1999) View citations (140)
    See also Journal Article Pass-Through of Exchange Rates and Import Prices to Domestic Inflation in Some Industrialized Economies, Eastern Economic Journal, Eastern Economic Association (2007) View citations (150) (2007)

1999

21. Microeconomic inventory adjustment and aggregate dynamics
    BIS Working Papers, Bank for International Settlements View citations (1)
    Also in Staff Reports, Federal Reserve Bank of New York (1998) View citations (3)

1998

22. Trade inventories
    Staff Reports, Federal Reserve Bank of New York View citations (5)

1996

23. The relative importance of national and regional factors in the New York Metropolitan economy
    Research Paper, Federal Reserve Bank of New York

1993

24. Does the household balance sheet affect durable goods expenditures?
    Research Paper, Federal Reserve Bank of New York

1992

25. An empirical investigation of imperfect insurance and precautionary savings against idiosyncratic shocks
    Research Paper, Federal Reserve Bank of New York

Journal Articles

2007

1. Housing Activity and Consumer Spending
   Business Economics, 2007, 42, (2), 6-21 View citations (4)
2. Inventory Dynamics and Business Cycles: What Has Changed?
   Journal of Money, Credit and Banking, 2007, 39, (2‐3), 591-613 View citations (7)
   Also in Journal of Money, Credit and Banking, 2007, 39, (2-3), 591-613 (2007) View citations (54)
   See also Working Paper Inventory dynamics and business cycles: what has changed?, Finance and Economics Discussion Series (2003) View citations (12) (2003)
3. Pass-Through of Exchange Rates and Import Prices to Domestic Inflation in Some Industrialized Economies
   Eastern Economic Journal, 2007, 33, (4), 511-537 View citations (150)
   See also Working Paper Pass-through of exchange rates and import prices to domestic inflation in some industrialized economies, Staff Reports (2000) View citations (168) (2000)

2004

4. Are home prices the next \\"bubble\\"?
   Economic Policy Review, 2004, (Dec), 1-17 View citations (199)
5. What investment patterns across equipment and industries tell us about the recent investment boom and bust
   Current Issues in Economics and Finance, 2004, 10, (May)

2002

6. Monetary policy transmission to residential investment
   Economic Policy Review, 2002, 8, (May), 139-158 View citations (113)

2001

7. Equipment expenditures since 1995: the boom and the bust
   Current Issues in Economics and Finance, 2001, 7, (Oct) View citations (1)

1997

8. Debt, delinquencies, and consumer spending
   Current Issues in Economics and Finance, 1997, 3, (Feb) View citations (9)
9. National and regional factors in the metropolitan economy
   Economic Policy Review, 1997, 3, (Feb), 5-19 View citations (3)

1995

10. Imperfect insurance and differing propensities to consume across households
    Journal of Monetary Economics, 1995, 36, (2), 301-327 View citations (27)
11. The impact of individual retirement accounts on savings
    Current Issues in Economics and Finance, 1995, 1, (Sep) View citations (2)