Details about Bruce McGough

Access statistics for papers by Bruce McGough.

Last updated 2022-03-09. Update your information in the RePEc Author Service.

Short-id: pmc91

Working Papers

2021

1. A Unified Model of Learning to Forecast
   Working Papers, University of Sydney, School of Economics View citations (1)

2019

2. Are Long-Horizon Expectations (De-)Stabilizing? Theory and Experiments
   Staff Working Papers, Bank of Canada View citations (11)
3. Eductive Stability in Real Business Cycle Models
   Post-Print, HAL View citations (4)
   Also in Working Papers, HAL (2010) View citations (1)
   University of Oregon Economics Department Working Papers, University of Oregon Economics Department (2010)
   PSE Working Papers, HAL (2010) View citations (1)
   PSE-Ecole d'économie de Paris (Postprint), HAL (2019) View citations (4)
   See also Journal Article Eductive Stability in Real Business Cycle Models, The Economic Journal, Royal Economic Society (2019) View citations (4) (2019)
4. Stability of Sunspot Equilibria under Adaptive Learning with Imperfect Information
   Working Papers on Central Bank Communication, University of Tokyo, Graduate School of Economics

2012

5. Finite Horizon Learning
   SIRE Discussion Papers, Scottish Institute for Research in Economics (SIRE) View citations (15)
   Also in University of Oregon Economics Department Working Papers, University of Oregon Economics Department (2010)

2011

6. Learning about Education
   IZA Discussion Papers, Institute of Labor Economics (IZA) View citations (2)
   See also Journal Article LEARNING ABOUT EDUCATION, Economic Inquiry, Western Economic Association International (2018) (2018)

2010

7. Are Microloans Bad for Growth?
   IZA Discussion Papers, Institute of Labor Economics (IZA) View citations (2)

2008

8. Representations and Sunspot Stability
   University of Oregon Economics Department Working Papers, University of Oregon Economics Department
   See also Journal Article REPRESENTATIONS AND SUNSPOT STABILITY, Macroeconomic Dynamics, Cambridge University Press (2011) View citations (9) (2011)

2007

9. Expectational stability in regime-switching rational expectations models
   Research Working Paper, Federal Reserve Bank of Kansas City View citations (1)
10. Monetary Policy, Endogenous Inattention, and the Volatility Trade-off
    University of Oregon Economics Department Working Papers, University of Oregon Economics Department
    Also in 2006 Meeting Papers, Society for Economic Dynamics (2006) View citations (3)
    Working Papers (Old Series), Federal Reserve Bank of Cleveland (2004) View citations (1)
    See also Journal Article Monetary Policy, Endogenous Inattention and the Volatility Trade-off, Economic Journal, Royal Economic Society (2009) View citations (22) (2009)

2006

11. Adaptive Learning, Endogenous Inattention, and Changes in Monetary Policy
    University of Oregon Economics Department Working Papers, University of Oregon Economics Department
    Also in Working Papers (Old Series), Federal Reserve Bank of Cleveland (2006) View citations (3)
12. Implementing Optimal Monetary Policy in New-Keynesian Models with Inertia
    University of Oregon Economics Department Working Papers, University of Oregon Economics Department
    See also Journal Article Implementing Optimal Monetary Policy in New-Keynesian Models with Inertia, The B.E. Journal of Macroeconomics, De Gruyter (2010) View citations (4) (2010)
13. Optimal Constrained Interest-rate Rules
    University of Oregon Economics Department Working Papers, University of Oregon Economics Department
    Also in Computing in Economics and Finance 2004, Society for Computational Economics (2004)
    See also Journal Article Optimal Constrained Interest-Rate Rules, Journal of Money, Credit and Banking, Blackwell Publishing (2007) View citations (13) (2007)
14. Stable Finite-State Markov Sunspots
    University of Oregon Economics Department Working Papers, University of Oregon Economics Department

2005

15. Indeterminacy and the Stability Puzzle in Non-Convex Economies
    University of Oregon Economics Department Working Papers, University of Oregon Economics Department
    See also Journal Article Indeterminacy and the Stability Puzzle in Non-Convex Economies, The B.E. Journal of Macroeconomics, De Gruyter (2005) View citations (12) (2005)

2004

16. Monetary Policy and Stable Indeterminacy with Inertia
    University of Oregon Economics Department Working Papers, University of Oregon Economics Department
    See also Journal Article Monetary policy and stable indeterminacy with inertia, Economics Letters, Elsevier (2005) View citations (12) (2005)
17. Monetary Policy, Endogenous Inattention, and the Output-Inflation Variance Tradeoff
    Computing in Economics and Finance 2004, Society for Computational Economics View citations (1)
18. Monetary Policy, Indeterminacy and Learning
    University of Oregon Economics Department Working Papers, University of Oregon Economics Department
    Also in CFS Working Paper Series, Center for Financial Studies (CFS) (2003) View citations (7)
    See also Journal Article Monetary policy, indeterminacy and learning, Journal of Economic Dynamics and Control, Elsevier (2005) View citations (69) (2005)
19. Using a long-term interest rate as the monetary policy instrument
    Working Paper Series, Federal Reserve Bank of San Francisco View citations (4)
    See also Journal Article Using a long-term interest rate as the monetary policy instrument, Journal of Monetary Economics, Elsevier (2005) View citations (32) (2005)

2003

20. Shocking Escapes
    Computing in Economics and Finance 2003, Society for Computational Economics View citations (5)
    See also Journal Article Shocking Escapes, Economic Journal, Royal Economic Society (2006) View citations (14) (2006)
21. Stable Sunspot Solutions in Models with Predetermined Variables
    University of Oregon Economics Department Working Papers, University of Oregon Economics Department
    See also Journal Article Stable sunspot solutions in models with predetermined variables, Journal of Economic Dynamics and Control, Elsevier (2005) View citations (32) (2005)

2002

22. Stable Noisy K-state Markov Sunspots
    University of Oregon Economics Department Working Papers, University of Oregon Economics Department
23. THE DYNAMIC BEHAVIOR OF EFFICIENT TIMBER PRICES
    Staff Papers, University of Wisconsin-Madison, Department of Agricultural and Applied Economics
    Also in Staff Paper Series, University of Wisconsin, Agricultural and Applied Economics (2002) View citations (3)
    See also Journal Article The Dynamic Behavior of Efficient Timber Prices, Land Economics, University of Wisconsin Press (2004) View citations (9) (2004)

Journal Articles

2022

1. Bounded rationality and unemployment dynamics
   Economics Letters, 2022, 210, (C)

2021

2. Learning when to say no
   Journal of Economic Theory, 2021, 194, (C) View citations (2)

2020

3. Equilibrium stability in a nonlinear cobweb model
   Economics Letters, 2020, 193, (C) View citations (3)
4. Stable near-rational sunspot equilibria
   Journal of Economic Theory, 2020, 186, (C) View citations (4)

2019

5. Eductive Stability in Real Business Cycle Models
   The Economic Journal, 2019, 129, (618), 821-852 View citations (4)
   See also Working Paper Eductive Stability in Real Business Cycle Models, Post-Print (2019) View citations (4) (2019)

2018

6. Equilibrium selection, observability and backward-stable solutions
   Journal of Monetary Economics, 2018, 98, (C), 1-10 View citations (16)
7. INTRODUCTION TO THE SYMPOSIUM ON INEQUALITY, UNCERTAINTY, AND MACRO‐FINANCIAL DYNAMICS
   Economic Inquiry, 2018, 56, (1), 545-546
8. Interest‐Rate Pegs in New Keynesian Models
   Journal of Money, Credit and Banking, 2018, 50, (5), 939-965 View citations (22)
9. LEARNING ABOUT EDUCATION
   Economic Inquiry, 2018, 56, (1), 263-277
   See also Working Paper Learning about Education, IZA Discussion Papers (2011) View citations (2) (2011)
10. Microloans, education and growth
    Review of Development Economics, 2018, 22, (4), e250-e265

2016

11. Heterogeneous beliefs and trading inefficiencies
    Journal of Economic Theory, 2016, 163, (C), 786-818 View citations (9)

2013

12. ADAPTIVE LEARNING IN REGIME-SWITCHING MODELS
    Macroeconomic Dynamics, 2013, 17, (5), 998-1022 View citations (17)
13. Expectational stability of sunspot equilibria in non-convex economies
    Journal of Economic Dynamics and Control, 2013, 37, (6), 1126-1141 View citations (9)

2011

14. Business cycle amplification with heterogeneous expectations
    Economic Theory, 2011, 47, (2), 395-421 View citations (26)
15. REPRESENTATIONS AND SUNSPOT STABILITY
    Macroeconomic Dynamics, 2011, 15, (1), 80-92 View citations (9)
    See also Working Paper Representations and Sunspot Stability, University of Oregon Economics Department Working Papers (2008) (2008)

2010

16. Dynamic predictor selection in a new Keynesian model with heterogeneous expectations
    Journal of Economic Dynamics and Control, 2010, 34, (8), 1492-1508 View citations (76)
17. Implementing Optimal Monetary Policy in New-Keynesian Models with Inertia
    The B.E. Journal of Macroeconomics, 2010, 10, (1), 25 View citations (4)
    See also Working Paper Implementing Optimal Monetary Policy in New-Keynesian Models with Inertia, University of Oregon Economics Department Working Papers (2006) (2006)

2009

18. A New Keynesian model with heterogeneous expectations
    Journal of Economic Dynamics and Control, 2009, 33, (5), 1036-1051 View citations (186)
19. Monetary Policy, Endogenous Inattention and the Volatility Trade-off
    Economic Journal, 2009, 119, (534), 123-157 View citations (22)
    Also in Economic Journal, 2009, 119, (534), 123-157 (2009) View citations (15)
    See also Working Paper Monetary Policy, Endogenous Inattention, and the Volatility Trade-off, University of Oregon Economics Department Working Papers (2007) (2007)
20. Optimally Managing a Stochastic Renewable Resource under General Economic Conditions
    The B.E. Journal of Economic Analysis & Policy, 2009, 9, (1), 31 View citations (13)

2008

21. Monetary-Fiscal Policy Interactions under Implementable Monetary Policy Rules
    Journal of Money, Credit and Banking, 2008, 40, (5), 1095-1102 View citations (13)
    Also in Journal of Money, Credit and Banking, 2008, 40, (5), 1095-1102 (2008) View citations (2)
22. Replicator dynamics in a Cobweb model with rationally heterogeneous expectations
    Journal of Economic Behavior & Organization, 2008, 65, (2), 224-244 View citations (54)

2007

23. Optimal Constrained Interest-Rate Rules
    Journal of Money, Credit and Banking, 2007, 39, (6), 1335-1356 View citations (13)
    Also in Journal of Money, Credit and Banking, 2007, 39, (6), 1335-1356 (2007) View citations (2)
    See also Working Paper Optimal Constrained Interest-rate Rules, University of Oregon Economics Department Working Papers (2006) (2006)

2006

24. Shocking Escapes
    Economic Journal, 2006, 116, (511), 507-528 View citations (14)
    See also Working Paper Shocking Escapes, Computing in Economics and Finance 2003 (2003) View citations (5) (2003)

2005

25. Consistent expectations and misspecification in stochastic non-linear economies
    Journal of Economic Dynamics and Control, 2005, 29, (4), 659-676 View citations (18)
26. Indeterminacy and the Stability Puzzle in Non-Convex Economies
    The B.E. Journal of Macroeconomics, 2005, 5, (1), 46 View citations (12)
    See also Working Paper Indeterminacy and the Stability Puzzle in Non-Convex Economies, University of Oregon Economics Department Working Papers (2005) (2005)
27. Monetary policy and stable indeterminacy with inertia
    Economics Letters, 2005, 87, (1), 1-7 View citations (12)
    See also Working Paper Monetary Policy and Stable Indeterminacy with Inertia, University of Oregon Economics Department Working Papers (2004) (2004)
28. Monetary policy, indeterminacy and learning
    Journal of Economic Dynamics and Control, 2005, 29, (11), 1809-1840 View citations (69)
    See also Working Paper Monetary Policy, Indeterminacy and Learning, University of Oregon Economics Department Working Papers (2004) (2004)
29. Stable sunspot solutions in models with predetermined variables
    Journal of Economic Dynamics and Control, 2005, 29, (4), 601-625 View citations (32)
    See also Working Paper Stable Sunspot Solutions in Models with Predetermined Variables, University of Oregon Economics Department Working Papers (2003) (2003)
30. Using a long-term interest rate as the monetary policy instrument
    Journal of Monetary Economics, 2005, 52, (5), 855-879 View citations (32)
    See also Working Paper Using a long-term interest rate as the monetary policy instrument, Working Paper Series (2004) View citations (4) (2004)

2004

31. Multiple Equilibria in Heterogeneous Expectations Models
    The B.E. Journal of Macroeconomics, 2004, 4, (1), 16 View citations (33)
32. The Dynamic Behavior of Efficient Timber Prices
    Land Economics, 2004, 80, (1), 95-108 View citations (9)
    See also Working Paper THE DYNAMIC BEHAVIOR OF EFFICIENT TIMBER PRICES, Staff Papers (2002) (2002)

2003

33. STATISTICAL LEARNING WITH TIME-VARYING PARAMETERS
    Macroeconomic Dynamics, 2003, 7, (1), 119-139 View citations (24)