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Details about Christopher Otrok

Workplace:Economic Research Department, Federal Reserve Bank of Dallas, (more information at EDIRC)

Access statistics for papers by Christopher Otrok.

Last updated 2024-06-07. Update your information in the RePEc Author Service.

Short-id: pot2


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Working Papers

2022

  1. Commodity Exports, Financial Frictions and International Spillovers
    Globalization Institute Working Papers, Federal Reserve Bank of Dallas Downloads View citations (1)
    See also Journal Article Commodity exports, financial frictions, and international spillovers, European Economic Review, Elsevier (2023) Downloads (2023)
  2. Tax Progressivity, Economic Booms, and Trickle-Up Economics
    Working Papers, Federal Reserve Bank of St. Louis Downloads

2020

  1. Could More Progressive Taxes Increase Income Inequality?
    On the Economy, Federal Reserve Bank of St. Louis Downloads
  2. Estimating Macroeconomic Models of Financial Crises: An Endogenous Regime-Switching Approach
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (21)
    Also in Staff Reports, Federal Reserve Bank of New York (2020) Downloads View citations (14)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020) Downloads View citations (20)
    2017 Meeting Papers, Society for Economic Dynamics (2017) View citations (10)
    Working Paper Series, Federal Reserve Bank of San Francisco (2020) Downloads View citations (16)
  3. Global Macro-Financial Cycles and Spillovers
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum Downloads View citations (10)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2020) Downloads View citations (10)
    IZA Discussion Papers, Institute of Labor Economics (IZA) (2020) Downloads View citations (10)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020) Downloads View citations (10)
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2020) Downloads View citations (10)

2019

  1. A Model for International Spillovers to Emerging Markets
    CESifo Working Paper Series, CESifo Downloads View citations (5)
    Also in Working Paper Research, National Bank of Belgium (2019) Downloads View citations (5)
  2. Optimal Policy for Macro-Financial Stability
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (2)
    Also in IDB Publications (Working Papers), Inter-American Development Bank (2012) Downloads View citations (24)
    Staff Reports, Federal Reserve Bank of New York (2019) Downloads View citations (2)
    CEP Discussion Papers, Centre for Economic Performance, LSE (2012) Downloads View citations (33)
    Working Papers, Federal Reserve Bank of St. Louis (2012) Downloads View citations (27)
    Research Department Publications, Inter-American Development Bank, Research Department (2012) Downloads View citations (24)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2012) Downloads View citations (24)
    2013 Meeting Papers, Society for Economic Dynamics (2013) View citations (2)
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2012) Downloads View citations (24)

    See also Journal Article Optimal Policy for Macrofinancial Stability, American Economic Journal: Macroeconomics, American Economic Association (2023) Downloads View citations (1) (2023)

2016

  1. Optimal Capital Controls and Real Exchange Rate Policies: A Pecuniary Externality Perspective
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (104)
    Also in Discussion Papers, Centre for Macroeconomics (CFM) (2015) Downloads View citations (8)
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2015) Downloads View citations (3)
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2016) Downloads View citations (99)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2014) Downloads View citations (22)

    See also Journal Article Optimal capital controls and real exchange rate policies: A pecuniary externality perspective, Journal of Monetary Economics, Elsevier (2016) Downloads View citations (99) (2016)

2015

  1. Specification and Estimation of Bayesian Dynamic Factor Models: A Monte Carlo Analysis with an Application to Global House Price Comovement
    Working Papers, Federal Reserve Bank of St. Louis Downloads View citations (16)
    See also Chapter Specification and Estimation of Bayesian Dynamic Factor Models: A Monte Carlo Analysis with an Application to Global House Price Comovement, Advances in Econometrics, Emerald Group Publishing Limited (2016) Downloads View citations (19) (2016)
  2. The Sources of Business Cycles in a Low Income Country
    IMF Working Papers, International Monetary Fund Downloads View citations (9)
    See also Journal Article Sources of Business Cycles in a Low Income Country, Pacific Economic Review, Wiley Blackwell (2015) Downloads View citations (8) (2015)

2013

  1. Capital Controls or Real Exchange Rate Policy? A Pecuniary Externality Perspective
    Research Department Publications, Inter-American Development Bank, Research Department Downloads View citations (20)
    Also in 2013 Meeting Papers, Society for Economic Dynamics (2013) Downloads View citations (19)
    IDB Publications (Working Papers), Inter-American Development Bank (2013) Downloads View citations (21)
  2. Credit Shocks and Macroeconomic Fluctuations in Emerging Markets
    CESifo Working Paper Series, CESifo Downloads View citations (12)
  3. Fiscal Policy in the Aftermath of the Crisis
    MPRA Paper, University Library of Munich, Germany Downloads View citations (1)
  4. Global House Price Fluctuations: Synchronization and Determinants
    IMF Working Papers, International Monetary Fund Downloads View citations (47)
    Also in Working Paper, Harvard University OpenScholar Downloads View citations (101)
    NBER Working Papers, National Bureau of Economic Research, Inc (2012) Downloads View citations (86)
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2013) Downloads View citations (49)

    See also Journal Article Global House Price Fluctuations: Synchronization and Determinants, NBER International Seminar on Macroeconomics, University of Chicago Press (2013) Downloads View citations (46) (2013)
    Chapter Global House Price Fluctuations: Synchronization and Determinants, NBER Chapters, National Bureau of Economic Research, Inc (2012) Downloads View citations (85) (2012)
  5. Regionalization vs. Globalization
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University Downloads View citations (43)
    Also in IMF Working Papers, International Monetary Fund (2013) Downloads View citations (50)
    Working Paper, Harvard University OpenScholar Downloads View citations (48)
    Working Papers, Federal Reserve Bank of St. Louis (2013) Downloads View citations (4)
    Discussion papers, Research Institute of Economy, Trade and Industry (RIETI) (2013) Downloads View citations (48)
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum (2013) Downloads View citations (53)

2012

  1. Capital Controls or Exchange Rate Policy? A Pecuniary Externality Perspective
    Working Papers, Department of Economics, University of Missouri Downloads View citations (22)
    Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2012) Downloads View citations (11)
    Working Papers, Federal Reserve Bank of St. Louis (2012) Downloads View citations (6)
    CEP Discussion Papers, Centre for Economic Performance, LSE (2012) Downloads View citations (16)
  2. Monetary and Macro-Prudential Policies: An Integrated Analysis
    Working Papers, Department of Economics, University of Missouri Downloads View citations (22)
  3. News shocks and the slope of the term structure of interest rates
    Working Papers, Federal Reserve Bank of St. Louis Downloads View citations (8)
    Also in 2010 Meeting Papers, Society for Economic Dynamics (2010) Downloads View citations (10)
    Cahiers de recherche, CIRPEE (2010) Downloads View citations (14)

    See also Journal Article News Shocks and the Slope of the Term Structure of Interest Rates, American Economic Review, American Economic Association (2013) Downloads View citations (150) (2013)

2011

  1. Financial Crises and Macro-Prudential Policies
    Research Department Publications, Inter-American Development Bank, Research Department Downloads View citations (13)
    Also in CEP Discussion Papers, Centre for Economic Performance, LSE (2010) Downloads View citations (11)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2011) Downloads View citations (20)
    IDB Publications (Working Papers), Inter-American Development Bank (2011) Downloads View citations (7)
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2010) Downloads

    See also Journal Article Financial crises and macro-prudential policies, Journal of International Economics, Elsevier (2013) Downloads View citations (193) (2013)
  2. News Shocks and the Term Structure of Interest Rates: A Challenge for DSGE Models
    2011 Meeting Papers, Society for Economic Dynamics Downloads View citations (9)
  3. On The Cyclicality of Real Wages and Wage Di¤erentials
    Working Papers, Department of Economics, University of Missouri Downloads View citations (2)
    Also in Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section (2009) Downloads View citations (1)
    Working Papers, Central Bank of Cyprus (2011) Downloads View citations (8)

    See also Journal Article On the cyclicality of real wages and wage differentials, The B.E. Journal of Macroeconomics, De Gruyter (2019) Downloads View citations (2) (2019)

2010

  1. Do Credit Shocks Matter? A Global Perspective
    IMF Working Papers, International Monetary Fund Downloads View citations (55)
    See also Journal Article Do credit shocks matter? A global perspective, European Economic Review, Elsevier (2011) Downloads View citations (176) (2011)
  2. Revisiting Overborrowing and Its Policy Implications
    IDB Publications (Working Papers), Inter-American Development Bank Downloads View citations (31)
    Also in Research Department Publications, Inter-American Development Bank, Research Department (2010) Downloads View citations (26)
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2010) Downloads
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2010) Downloads View citations (42)
    CEP Discussion Papers, Centre for Economic Performance, LSE (2010) Downloads View citations (26)
    Working Papers Central Bank of Chile, Central Bank of Chile (2010) Downloads View citations (26)

    See also Chapter Revisiting Overborrowing and its Policy Implications, Central Banking, Analysis, and Economic Policies Book Series, Central Bank of Chile (2011) Downloads View citations (26) (2011)

2009

  1. What are the driving forces of international business cycles
    2009 Meeting Papers, Society for Economic Dynamics Downloads
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2008) Downloads View citations (25)
    Vanderbilt University Department of Economics Working Papers, Vanderbilt University Department of Economics (2008) Downloads View citations (25)

    See also Journal Article What are the driving forces of international business cycles?, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2011) Downloads View citations (156) (2011)

2008

  1. Dynamic factor models with time-varying parameters: measuring changes in international business cycles
    Staff Reports, Federal Reserve Bank of New York Downloads View citations (137)
  2. Global Business Cycles: Convergence or Decoupling?
    IMF Working Papers, International Monetary Fund Downloads View citations (171)
    Also in Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank (2008) Downloads View citations (175)
    IZA Discussion Papers, Institute of Labor Economics (IZA) (2008) Downloads View citations (156)
    NBER Working Papers, National Bureau of Economic Research, Inc (2008) Downloads View citations (160)

    See also Journal Article GLOBAL BUSINESS CYCLES: CONVERGENCE OR DECOUPLING?, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (2012) Downloads View citations (219) (2012)

2007

  1. Optimal Monetary Policy in a Medium Scale Model for Emerging Markets
    2007 Meeting Papers, Society for Economic Dynamics

2005

  1. Monetary policy and the house price boom across U.S. states
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta Downloads View citations (17)
  2. Understanding the Evolution of World Business Cycles
    IMF Working Papers, International Monetary Fund Downloads View citations (40)
    See also Journal Article Understanding the evolution of world business cycles, Journal of International Economics, Elsevier (2008) Downloads View citations (292) (2008)

2004

  1. Stochastic Discount Factor Models and the Equity Premium Puzzle
    MPRA Paper, University Library of Munich, Germany Downloads View citations (5)

2001

  1. Spectral Implications of Security Market Data for Models of Dynamic Economies
    Computing in Economics and Finance 2001, Society for Computational Economics

2000

  1. Evaluating Asset-Pricing Models Using The Hansen-Jagannathan Bound: A Monte Carlo Investigation
    Virginia Economics Online Papers, University of Virginia, Department of Economics Downloads
    Also in Working Papers, University of Iowa, Department of Economics (1999) Downloads View citations (1)

    See also Journal Article Evaluating asset-pricing models using the Hansen-Jagannathan bound: a Monte Carlo investigation, Journal of Applied Econometrics, John Wiley & Sons, Ltd. (2002) Downloads View citations (9) (2002)
  2. On Measuring the Welfare Cost of Business Cycles
    Econometric Society World Congress 2000 Contributed Papers, Econometric Society Downloads View citations (31)
    Also in Virginia Economics Online Papers, University of Virginia, Department of Economics (1999) Downloads View citations (3)

    See also Journal Article On measuring the welfare cost of business cycles, Journal of Monetary Economics, Elsevier (2001) Downloads View citations (158) (2001)

1998

  1. Habit Formation: A Resolution of the Equity Premium Puzzle?
    Working Papers, University of Iowa, Department of Economics View citations (22)
    See also Journal Article Habit formation: a resolution of the equity premium puzzle?, Journal of Monetary Economics, Elsevier (2002) Downloads View citations (70) (2002)

1996

  1. Bayesian Leading Indicators: Measuring and Predicting Economic Conditions in Iowa
    Working Papers, University of Iowa, Department of Economics View citations (6)
    See also Journal Article Bayesian Leading Indicators: Measuring and Predicting Economic Conditions in Iowa, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (1998) View citations (139) (1998)
  2. Baynesian Leading Indicators: Measuring and Predicting Economic Conditions
    Macroeconomics, University Library of Munich, Germany Downloads View citations (3)

Journal Articles

2023

  1. Commodity exports, financial frictions, and international spillovers
    European Economic Review, 2023, 158, (C) Downloads
    See also Working Paper Commodity Exports, Financial Frictions and International Spillovers, Globalization Institute Working Papers (2022) Downloads View citations (1) (2022)
  2. Optimal Policy for Macrofinancial Stability
    American Economic Journal: Macroeconomics, 2023, 15, (4), 401-28 Downloads View citations (1)
    See also Working Paper Optimal Policy for Macro-Financial Stability, NBER Working Papers (2019) Downloads View citations (2) (2019)

2020

  1. Asset Pricing Through the Lens of the Hansen-Jagannathan Bound
    Review, 2020, 102, (3), 255-269 Downloads
  2. Sudden Stops and COVID-19: Lessons from Mexico’s History
    FRBSF Economic Letter, 2020, 2020, (33), 01-05 Downloads

2019

  1. On the cyclicality of real wages and wage differentials
    The B.E. Journal of Macroeconomics, 2019, 19, (1), 18 Downloads View citations (2)
    See also Working Paper On The Cyclicality of Real Wages and Wage Di¤erentials, Working Papers (2011) Downloads View citations (2) (2011)

2017

  1. News Shocks and the Slope of the Term Structure of Interest Rates: Reply
    American Economic Review, 2017, 107, (10), 3250-56 Downloads View citations (5)

2016

  1. Optimal capital controls and real exchange rate policies: A pecuniary externality perspective
    Journal of Monetary Economics, 2016, 84, (C), 147-165 Downloads View citations (99)
    See also Working Paper Optimal Capital Controls and Real Exchange Rate Policies: A Pecuniary Externality Perspective, NBER Working Papers (2016) Downloads View citations (104) (2016)

2015

  1. Regional vs. Global: How Are Countries' Business Cycles Moving Together These Days?
    The Regional Economist, 2015, (April) Downloads View citations (3)
  2. Sources of Business Cycles in a Low Income Country
    Pacific Economic Review, 2015, 20, (1), 125-148 Downloads View citations (8)
    See also Working Paper The Sources of Business Cycles in a Low Income Country, IMF Working Papers (2015) Downloads View citations (9) (2015)

2013

  1. Financial crises and macro-prudential policies
    Journal of International Economics, 2013, 89, (2), 453-470 Downloads View citations (193)
    See also Working Paper Financial Crises and Macro-Prudential Policies, Research Department Publications (2011) Downloads View citations (13) (2011)
  2. Global House Price Fluctuations: Synchronization and Determinants
    NBER International Seminar on Macroeconomics, 2013, 9, (1), 119 - 166 Downloads View citations (46)
    See also Chapter Global House Price Fluctuations: Synchronization and Determinants, NBER Chapters, 2012, 119-166 (2012) Downloads View citations (85) (2012)
    Working Paper Global House Price Fluctuations: Synchronization and Determinants, IMF Working Papers (2013) Downloads View citations (47) (2013)
  3. News Shocks and the Slope of the Term Structure of Interest Rates
    American Economic Review, 2013, 103, (6), 2612-32 Downloads View citations (150)
    See also Working Paper News shocks and the slope of the term structure of interest rates, Working Papers (2012) Downloads View citations (8) (2012)

2012

  1. GLOBAL BUSINESS CYCLES: CONVERGENCE OR DECOUPLING?
    International Economic Review, 2012, 53, (2), 511-538 Downloads View citations (219)
    See also Working Paper Global Business Cycles: Convergence or Decoupling?, IMF Working Papers (2008) Downloads View citations (171) (2008)

2011

  1. Do credit shocks matter? A global perspective
    European Economic Review, 2011, 55, (3), 340-353 Downloads View citations (176)
    See also Working Paper Do Credit Shocks Matter? A Global Perspective, IMF Working Papers (2010) Downloads View citations (55) (2010)
  2. What are the driving forces of international business cycles?
    Review of Economic Dynamics, 2011, 14, (1), 156-175 Downloads View citations (156)
    See also Software Item Code and data files for "What are the driving forces of international business cycles?", Computer Codes (2010) Downloads (2010)
    Working Paper What are the driving forces of international business cycles, 2009 Meeting Papers (2009) Downloads (2009)

2010

  1. A Model for Monetary Policy Analysis for Sub-Saharan Africa
    Open Economies Review, 2010, 21, (1), 127-145 Downloads View citations (10)

2008

  1. Understanding the evolution of world business cycles
    Journal of International Economics, 2008, 75, (1), 110-130 Downloads View citations (292)
    See also Working Paper Understanding the Evolution of World Business Cycles, IMF Working Papers (2005) Downloads View citations (40) (2005)

2007

  1. 99 Luftballons: Monetary policy and the house price boom across U.S. states
    Journal of Monetary Economics, 2007, 54, (7), 1962-1985 Downloads View citations (263)
  2. A generalized volatility bound for dynamic economies
    Journal of Monetary Economics, 2007, 54, (8), 2269-2290 Downloads View citations (2)

2003

  1. International Business Cycles: World, Region, and Country-Specific Factors
    American Economic Review, 2003, 93, (4), 1216-1239 Downloads View citations (821)

2002

  1. Evaluating asset-pricing models using the Hansen-Jagannathan bound: a Monte Carlo investigation
    Journal of Applied Econometrics, 2002, 17, (2), 149-174 Downloads View citations (9)
    See also Working Paper Evaluating Asset-Pricing Models Using The Hansen-Jagannathan Bound: A Monte Carlo Investigation, Virginia Economics Online Papers (2000) Downloads (2000)
  2. Habit formation: a resolution of the equity premium puzzle?
    Journal of Monetary Economics, 2002, 49, (6), 1261-1288 Downloads View citations (70)
    See also Working Paper Habit Formation: A Resolution of the Equity Premium Puzzle?, Working Papers (1998) View citations (22) (1998)

2001

  1. On measuring the welfare cost of business cycles
    Journal of Monetary Economics, 2001, 47, (1), 61-92 Downloads View citations (158)
    See also Working Paper On Measuring the Welfare Cost of Business Cycles, Econometric Society World Congress 2000 Contributed Papers (2000) Downloads View citations (31) (2000)
  2. Spectral Welfare Cost Functions
    International Economic Review, 2001, 42, (2), 345-67 View citations (25)

1998

  1. Bayesian Leading Indicators: Measuring and Predicting Economic Conditions in Iowa
    International Economic Review, 1998, 39, (4), 997-1014 View citations (139)
    See also Working Paper Bayesian Leading Indicators: Measuring and Predicting Economic Conditions in Iowa, Working Papers (1996) View citations (6) (1996)

1995

  1. The rational expectations hypothesis of the term structure, monetary policy, and time-varying term premia
    Economic Quarterly, 1995, (Win), 65-81 Downloads View citations (43)

1994

  1. Long-Run Neutrality and Superneutrality in an ARIMA Framework: Comment
    American Economic Review, 1994, 84, (5), 1470-73 Downloads View citations (26)
  2. M2 and monetary policy: a critical review of the recent debate
    Economic Quarterly, 1994, (Win), 41-49 Downloads View citations (6)

1992

  1. Forecasting the effects of reduced defense spending
    Economic Review, 1992, 78, (Nov), 3-11 Downloads

Chapters

2020

  1. COVID-19: A double whammy of financial and economic sudden stops for emerging economies
    Chapter 1 in COVID-19 in Developing Economies, 2020, vol. 1, pp 329-341 Downloads

2016

  1. Specification and Estimation of Bayesian Dynamic Factor Models: A Monte Carlo Analysis with an Application to Global House Price Comovement
    A chapter in Dynamic Factor Models, 2016, vol. 35, pp 361-400 Downloads View citations (19)
    See also Working Paper Specification and Estimation of Bayesian Dynamic Factor Models: A Monte Carlo Analysis with an Application to Global House Price Comovement, Federal Reserve Bank of St. Louis (2015) Downloads View citations (16) (2015)

2012

  1. Global House Price Fluctuations: Synchronization and Determinants
    A chapter in NBER International Seminar on Macroeconomics 2012, 2012, pp 119-166 Downloads View citations (85)
    See also Working Paper Global House Price Fluctuations: Synchronization and Determinants, International Monetary Fund (2013) Downloads View citations (47) (2013)
    Journal Article Global House Price Fluctuations: Synchronization and Determinants, University of Chicago Press (2013) Downloads View citations (46) (2013)

2011

  1. Revisiting Overborrowing and its Policy Implications
    Chapter 06 in Monetary Policy under Financial Turbulence, 2011, vol. 16, pp 145-184 Downloads View citations (26)
    See also Working Paper Revisiting Overborrowing and Its Policy Implications, Inter-American Development Bank (2010) Downloads View citations (31) (2010)

Software Items

2010

  1. Code and data files for "What are the driving forces of international business cycles?"
    Computer Codes, Review of Economic Dynamics Downloads
    See also Journal Article What are the driving forces of international business cycles?, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2011) Downloads View citations (156) (2011)

2001

  1. Gauss programs for On Measuring the Welfare Costs of Business Cycles
    QM&RBC Codes, Quantitative Macroeconomics & Real Business Cycles Downloads

Editor

  1. Journal of Economic Dynamics and Control
    Elsevier
 
Page updated 2024-06-24