Details about Ricardo Reis

Homepage:	https://www.r2rsquared.com
Postal address:	Department of Economics London School of Economics Houghton Street London WC2A 2AE United Kingdom
Workplace:	Centre for Macroeconomics (CFM), (more information at EDIRC) Centre for Economic Policy Research (CEPR), (more information at EDIRC) Economics Department, London School of Economics (LSE), (more information at EDIRC) Bank of England, (more information at EDIRC)

Access statistics for papers by Ricardo Reis.

Last updated 2025-01-06. Update your information in the RePEc Author Service.

Short-id: pre73

---

Jump to Journal Articles Books Chapters

Working Papers

2024

1. Estimating the rise in expected inflation from higher energy prices
   Discussion Papers, Centre for Macroeconomics (CFM) View citations (3)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2024)
2. Household Disagreement about Expected Inflation
   Discussion Papers, Centre for Macroeconomics (CFM) View citations (2)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2024)
3. How do central banks control inflation? A guide for the perplexed
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   Also in Discussion Papers, Centre for Macroeconomics (CFM) (2024)
4. How likely is an inflation disaster?
   Discussion Papers, Centre for Macroeconomics (CFM)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2022)
5. The Global Network of Liquidity Lines
   Discussion Papers, Centre for Macroeconomics (CFM)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2024)
6. The anatomy of a peg: lessons from China's parallel currencies
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   Also in Discussion Papers, Centre for Macroeconomics (CFM) (2024)

2023

7. Expected Inflation in the Euro Area: Measurement and Policy Responses
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   Also in Discussion Papers, Centre for Macroeconomics (CFM) (2022) View citations (2)
8. Four mistakes in the use of measures of expected inflation
   LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library
   Also in Discussion Papers, Centre for Macroeconomics (CFM) (2023) View citations (4)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2023)
   See also Journal Article Four Mistakes in the Use of Measures of Expected Inflation, AEA Papers and Proceedings, American Economic Association (2023) View citations (4) (2023)
9. The market for inflation risk
   Bank of England working papers, Bank of England View citations (2)
10. What can keep euro area inflation high?
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2023)

2022

11. Central bank swap lines: evidence on the effects of the lender of last resort
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library View citations (7)
    Also in IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan (2019) View citations (5)
    See also Journal Article Central Bank Swap Lines: Evidence on the Effects of the Lender of Last Resort, The Review of Economic Studies, Review of Economic Studies Ltd (2022) View citations (13) (2022)
12. Debt Revenue and the Sustainability of Public Debt
    Discussion Papers, Centre for Macroeconomics (CFM) View citations (7)
    Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2022) View citations (7)
    See also Journal Article Debt Revenue and the Sustainability of Public Debt, Journal of Economic Perspectives, American Economic Association (2022) View citations (7) (2022)
13. Helicopter money: what is it and what does it do?
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library View citations (4)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2022)
    See also Journal Article Helicopter Money: What Is It and What Does It Do?, Annual Review of Economics, Annual Reviews (2022) View citations (5) (2022)
14. Inflating away the public debt? An empirical assessment
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library View citations (7)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2014) View citations (52)
    NBER Working Papers, National Bureau of Economic Research, Inc (2014) View citations (55)
    Working Papers, Brandeis University, Department of Economics and International Business School (2014) View citations (74)
    See also Journal Article Inflating Away the Public Debt? An Empirical Assessment, The Review of Financial Studies, Society for Financial Studies (2022) View citations (11) (2022)
15. Losing the inflation anchor
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library View citations (4)
    Also in Discussion Papers, Centre for Macroeconomics (CFM) (2021) View citations (15)
    See also Journal Article Losing the Inflation Anchors, Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution (2021) View citations (2) (2021)
16. The Burst of High Inflation in 2021-22: How and Why Did We Get Here?
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    Also in BIS Working Papers, Bank for International Settlements (2022) View citations (7)
    Discussion Papers, Centre for Macroeconomics (CFM) (2022) View citations (7)
17. The economics of liquidity lines between central banks
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2022)
    See also Journal Article The Economics of Liquidity Lines Between Central Banks, Annual Review of Financial Economics, Annual Reviews (2022) View citations (2) (2022)
18. The workings of liquidity lines between central banks
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    See also Chapter The workings of liquidity lines between central banks, Chapters, Edward Elgar Publishing (2023) (2023)

2021

19. Comment
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library
20. Optimal automatic stabilizers
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library View citations (16)
    Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2016) View citations (18)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2016) View citations (21)
    2015 Meeting Papers, Society for Economic Dynamics (2015)
    NBER Working Papers, National Bureau of Economic Research, Inc (2016) View citations (21)
    Discussion Papers, Centre for Macroeconomics (CFM) (2016) View citations (21)
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2016) View citations (19)
    See also Journal Article Optimal Automatic Stabilizers, The Review of Economic Studies, Review of Economic Studies Ltd (2021) View citations (16) (2021)
21. The constraint on public debt when r
    Discussion Papers, Centre for Macroeconomics (CFM) View citations (32)
    Also in BIS Working Papers, Bank for International Settlements (2021)

2020

22. Jumpstarting an International Currency
    Discussion Papers, Centre for Macroeconomics (CFM) View citations (20)
    Also in Bank of England working papers, Bank of England (2020) View citations (23)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020) View citations (23)
23. The Covid-19 pandemic and business law: a series of posts from the Oxford business law blog
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library
24. The People versus the Markets: A Parsimonious Model of Inflation Expectations
    Discussion Papers, Centre for Macroeconomics (CFM) View citations (14)
25. The fiscal footprint of macroprudential policy
    Discussion Papers, Deutsche Bundesbank View citations (14)

2019

26. A Crash Course on the Euro Crisis
    Working Papers, Princeton University. Economics Department. View citations (3)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2019) View citations (17)
    Working Papers, Princeton University, Department of Economics, Center for Economic Policy Studies. (2019) View citations (17)
    NBER Working Papers, National Bureau of Economic Research, Inc (2019) View citations (17)
    Discussion Papers, Centre for Macroeconomics (CFM) (2019) View citations (17)

2018

27. Central Bank Swap Lines
    Discussion Papers, Centre for Macroeconomics (CFM) View citations (28)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2018) View citations (20)
    CESifo Working Paper Series, CESifo (2018) View citations (20)
    Bank of England working papers, Bank of England (2018) View citations (20)
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2018) View citations (31)
28. Central Banks Going Long
    CESifo Working Paper Series, CESifo View citations (6)
    Also in Discussion Papers, Centre for Macroeconomics (CFM) (2018) View citations (6)
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2018) View citations (6)
    See also Chapter Central Banks Going Long, Central Banking, Analysis, and Economic Policies Book Series, Central Bank of Chile (2019) View citations (1) (2019)
29. Comment on "Michelson-Morley, Fisher, and Occam: the radical implications of stable quiet inflation at the zero bound"
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library
    See also Chapter Comment on "Michelson-Morley, Fisher, and Occam: The Radical Implications of Stable Quiet Inflation at the Zero Bound", NBER Chapters, National Bureau of Economic Research, Inc (2017) (2017)
30. Friedman’s presidential address in the evolution of macroeconomic thought
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library View citations (31)
    Also in Discussion Papers, Centre for Macroeconomics (CFM) (2017)
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2017)
    NBER Working Papers, National Bureau of Economic Research, Inc (2017)
    See also Journal Article Friedman's Presidential Address in the Evolution of Macroeconomic Thought, Journal of Economic Perspectives, American Economic Association (2018) View citations (34) (2018)
31. Is something really wrong with macroeconomics?
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library View citations (36)
    Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2017) View citations (12)
    Discussion Papers, Centre for Macroeconomics (CFM) (2017) View citations (12)
    CESifo Working Paper Series, CESifo (2017) View citations (12)
    See also Journal Article Is something really wrong with macroeconomics?, Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited (2018) View citations (36) (2018)

2017

32. Can the Central Bank Alleviate Fiscal Burdens?
    CESifo Working Paper Series, CESifo View citations (18)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2016) View citations (14)
    Discussion Papers, Centre for Macroeconomics (CFM) (2016) View citations (13)
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2017) View citations (15)
33. Comment on: “jump‐starting the euro area recovery: would a rise in core fiscal spending help the periphery”
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library
    See also Chapter Comment on "Jump-Starting the Euro Area Recovery: Would a Rise in Core Fiscal Spending Help the Periphery? ", NBER Chapters, National Bureau of Economic Research, Inc (2016) (2016)
34. ESBies: safety in the tranches
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library View citations (63)
    Also in Discussion Papers, Centre for Macroeconomics (CFM) (2016) View citations (9)
    ESRB Working Paper Series, European Systemic Risk Board (2016) View citations (10)
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2016) View citations (10)
    EIEF Working Papers Series, Einaudi Institute for Economics and Finance (EIEF) (2016) View citations (11)
    CFS Working Paper Series, Center for Financial Studies (CFS) (2016) View citations (11)
    CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy (2016) View citations (21)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2016) View citations (11)
    See also Journal Article ESBies: safety in the tranches, Economic Policy, CEPR, CESifo, Sciences Po (2017) View citations (69) (2017)
35. Friedman’s Presidential Address in the Evolution of Macroeconomic Thought
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
36. QE in the future: the central bank’s balance sheet in a fiscal crisis
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library View citations (14)
    Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2016) View citations (14)
    NBER Working Papers, National Bureau of Economic Research, Inc (2016) View citations (18)
    See also Journal Article QE in the Future: The Central Bank’s Balance Sheet in a Fiscal Crisis, IMF Economic Review, Palgrave Macmillan (2017) View citations (25) (2017)
37. The Analytics of the Greek Crisis Discussion
    Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley View citations (18)

2016

38. Achieving Price Stability by Manipulating the Central Bank's Payment on Reserves
    Discussion Papers, Centre for Macroeconomics (CFM) View citations (21)
    Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2016) View citations (12)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2016) View citations (19)
    Economics Working Papers, Hoover Institution, Stanford University (2016) View citations (21)
    NBER Working Papers, National Bureau of Economic Research, Inc (2016) View citations (20)
39. Comment on "external and public debt crises"
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library
    See also Chapter Comment on "External and Public Debt Crises", NBER Chapters, National Bureau of Economic Research, Inc (2015) (2015)
40. Funding Quantitative Easing to Target Inflation
    Discussion Papers, Centre for Macroeconomics (CFM) View citations (44)
    Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2016) View citations (36)
41. QE in the future: the central bank's balance sheet in a financial crisis
    Discussion Papers, Centre for Macroeconomics (CFM) View citations (9)
42. The Sovereign-Bank Diabolic Loop and ESBies
    Discussion Papers, Centre for Macroeconomics (CFM) View citations (24)
    Also in EIEF Working Papers Series, Einaudi Institute for Economics and Finance (EIEF) (2016)
    NBER Working Papers, National Bureau of Economic Research, Inc (2016) View citations (20)
    Working Papers, HAL (2016) View citations (1)
    HEC Research Papers Series, HEC Paris (2016) View citations (24)
    CEP Discussion Papers, Centre for Economic Performance, LSE (2016) View citations (24)
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2016) View citations (15)
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2016)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2016) View citations (24)
    CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy (2016) View citations (21)
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2016) View citations (1)
    See also Journal Article The Sovereign-Bank Diabolic Loop and ESBies, American Economic Review, American Economic Association (2016) View citations (122) (2016)
43. The role of automatic stabilizers in the U.S. business cycle
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library View citations (147)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2013) View citations (20)
    NBER Working Papers, National Bureau of Economic Research, Inc (2013) View citations (35)
    Boston University - Department of Economics - Working Papers Series, Boston University - Department of Economics (2013) View citations (12)
    See also Journal Article The Role of Automatic Stabilizers in the U.S. Business Cycle, Econometrica, Econometric Society (2016) View citations (167) (2016)

2015

44. Comment on: “when does a central bank’s balance sheet require fiscal support?” by Marco Del Negro and Christopher A. Sims
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library View citations (4)
45. Different Types of Central Bank Insolvency and the Central Role of Seignorage
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (49)
46. Looking for a success in the euro crisis adjustment programs: the case of Portugal
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library View citations (16)
    Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2015) View citations (14)
    Discussion Papers, Centre for Macroeconomics (CFM) (2015) View citations (22)
    See also Journal Article Looking for a Success in the Euro Crisis Adjustment Programs: The Case of Portugal, Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution (2015) View citations (21) (2015)
47. Looking for a success: the euro crisis adjustment programs
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library View citations (20)
48. Maintaining Central-Bank Financial Stability under New-Style Central Banking
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (120)
    Also in Economics Working Papers, Hoover Institution, Stanford University (2015) View citations (96)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2015) View citations (91)
49. The market value of a central bank
    2015 Meeting Papers, Society for Economic Dynamics View citations (4)

2013

50. Central Bank Design
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (120)
    See also Journal Article Central Bank Design, Journal of Economic Perspectives, American Economic Association (2013) View citations (119) (2013)
51. The Mystique Surrounding the Central Bank's Balance Sheet, Applied to the European Crisis
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (63)
    See also Journal Article The Mystique Surrounding the Central Bank's Balance Sheet, Applied to the European Crisis, American Economic Review, American Economic Association (2013) View citations (76) (2013)
52. The Portuguese Slump and Crash and the Euro Crisis
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (202)
    See also Journal Article The Portugese Slump and Crash and the Euro Crisis, Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution (2013) View citations (140) (2013)

2012

53. What is the role of the automatic stabilizers in the U.S. business cycle?
    2012 Meeting Papers, Society for Economic Dynamics View citations (1)

2011

54. Targeted Transfers and the Fiscal Response to the Great Recession
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (47)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2011) View citations (54)
    See also Journal Article Targeted transfers and the fiscal response to the great recession, Journal of Monetary Economics, Elsevier (2012) View citations (204) (2012)
55. When Should Policymakers Make Announcements?
    2011 Meeting Papers, Society for Economic Dynamics View citations (14)

2010

56. Correlated Disturbances and U.S. Business Cycles
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (26)
    Also in Staff Reports, Federal Reserve Bank of New York (2010) View citations (15)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2010) View citations (14)
    2009 Meeting Papers, Society for Economic Dynamics (2009)
57. Imperfect Information and Aggregate Supply
    Scholarly Articles, Harvard University Department of Economics View citations (67)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2010) View citations (66)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2010) View citations (63)
    See also Chapter Imperfect Information and Aggregate Supply, Handbook of Monetary Economics, Elsevier (2010) View citations (62) (2010)
58. Interpreting the Unconventional U.S. Monetary Policy of 2007-09
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
    See also Journal Article Interpreting the Unconventional U.S. Monetary Policy of 2007-09, Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution (2009) View citations (22) (2009)

2009

59. A Sticky-Information General-Equilibrium Model for Policy Analysis
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (34)
    Also in Working Papers Central Bank of Chile, Central Bank of Chile (2008) View citations (5)
    See also Chapter A Sticky-information General Equilibrium Model por Policy Analysis, Central Banking, Analysis, and Economic Policies Book Series, Central Bank of Chile (2009) View citations (20) (2009)

2007

60. Measuring Changes in the Value of the Numeraire
    Working Papers, Princeton University. Economics Department.
    Also in Kiel Working Papers, Kiel Institute for the World Economy (IfW Kiel) (2007) View citations (8)
    2007 Meeting Papers, Society for Economic Dynamics (2007) View citations (5)
61. Relative Goods' Prices, Pure Inflation, and the Phillips Correlation
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
    See also Journal Article Relative Goods' Prices, Pure Inflation, and the Phillips Correlation, American Economic Journal: Macroeconomics, American Economic Association (2010) View citations (69) (2010)
62. Relative Goods? Prices and Pure Inflation
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (7)
63. Sticky Information in General Equilibrium
    Scholarly Articles, Harvard University Department of Economics View citations (150)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2006) View citations (10)
    See also Journal Article Sticky Information in General Equilibrium, Journal of the European Economic Association, MIT Press (2007) View citations (151) (2007)

2006

64. Pervasive Stickiness
    Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research View citations (68)
    See also Journal Article Pervasive Stickiness, American Economic Review, American Economic Association (2006) View citations (88) (2006)
65. Pervasive Stickiness (Expanded Version)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (56)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2006) View citations (56)
66. The Brevity and Violence of Contractions and Expansions
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (12)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2006) View citations (12)
    See also Journal Article The brevity and violence of contractions and expansions, Journal of Monetary Economics, Elsevier (2008) View citations (85) (2008)

2005

67. A Dynamic Measure of Inflation
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
68. Inattentive Producers
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (11)
    Also in 2005 Meeting Papers, Society for Economic Dynamics (2005) View citations (10)
    See also Journal Article Inattentive Producers, The Review of Economic Studies, Review of Economic Studies Ltd (2006) View citations (309) (2006)
69. The Time-Series Properties of Aggregate Consumption: Implications for the Costs of Fluctuation
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
    Also in Working Papers, Princeton University, School of Public and International Affairs, Discussion Papers in Economics (2005) View citations (8)
    See also Journal Article The Time-Series Properties of Aggregate Consumption: Implications for the Costs of Fluctuations, Journal of the European Economic Association, MIT Press (2009) View citations (43) (2009)
70. Understanding the Greenspan Standard
    Working Papers, Princeton University, Department of Economics, Center for Economic Policy Studies. View citations (158)
    See also Journal Article Understanding the Greenspan standard, Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City (2005) View citations (74) (2005)

2004

71. Disagreement about Inflation Expectations
    Yale School of Management Working Papers, Yale School of Management View citations (248)
    Also in Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research (2003) View citations (340)
    NBER Working Papers, National Bureau of Economic Research, Inc (2003) View citations (539)
    Research Papers, Stanford University, Graduate School of Business (2003) View citations (545)
    See also Chapter Disagreement about Inflation Expectations, NBER Chapters, National Bureau of Economic Research, Inc (2004) View citations (251) (2004)
72. Inattentive Consumers
    Working Papers, Princeton University, School of Public and International Affairs, Discussion Papers in Economics View citations (22)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2004) View citations (34)
    See also Journal Article Inattentive consumers, Journal of Monetary Economics, Elsevier (2006) View citations (310) (2006)

2003

73. Monetary Policy for Inattentive Economies
    Economics Working Paper Archive, The Johns Hopkins University,Department of Economics View citations (37)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2003) View citations (44)
    Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research (2003) View citations (21)
    See also Journal Article Monetary policy for inattentive economies, Journal of Monetary Economics, Elsevier (2005) View citations (200) (2005)
74. What Measure of Inflation Should a Central Bank Target?
    Scholarly Articles, Harvard University Department of Economics View citations (128)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2002) View citations (14)
    Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research (2002) View citations (11)
    Working Paper Series, European Central Bank (2002) View citations (17)
    See also Journal Article What Measure of Inflation Should a Central Bank Target?, Journal of the European Economic Association, MIT Press (2003) View citations (129) (2003)

2002

75. Sticky Information Versus Sticky Prices: A Proposal to Replace the New Keynesian Phillips Curve
    Scholarly Articles, Harvard University Department of Economics View citations (2014)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2001) View citations (143)
    Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research (2001) View citations (147)
    See also Journal Article Sticky Information versus Sticky Prices: A Proposal to Replace the New Keynesian Phillips Curve, The Quarterly Journal of Economics, President and Fellows of Harvard College (2002) View citations (1961) (2002)

2001

76. Costs of banking system instability: some empirical evidence
    Bank of England working papers, Bank of England View citations (57)
    See also Journal Article Costs of banking system instability: Some empirical evidence, Journal of Banking & Finance, Elsevier (2002) View citations (253) (2002)
77. Sticky Information: A Model of Monetary Nonneutrality and Structural Slumps
    Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research View citations (66)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2001) View citations (56)

Journal Articles

2023

1. Four Mistakes in the Use of Measures of Expected Inflation
   AEA Papers and Proceedings, 2023, 113, 47-51 View citations (4)
   See also Working Paper Four mistakes in the use of measures of expected inflation, LSE Research Online Documents on Economics (2023) (2023)

2022

2. Central Bank Swap Lines: Evidence on the Effects of the Lender of Last Resort
   The Review of Economic Studies, 2022, 89, (4), 1654-1693 View citations (13)
   See also Working Paper Central bank swap lines: evidence on the effects of the lender of last resort, LSE Research Online Documents on Economics (2022) View citations (7) (2022)
3. Debt Revenue and the Sustainability of Public Debt
   Journal of Economic Perspectives, 2022, 36, (4), 103-24 View citations (7)
   See also Working Paper Debt Revenue and the Sustainability of Public Debt, Discussion Papers (2022) View citations (7) (2022)
4. Helicopter Money: What Is It and What Does It Do?
   Annual Review of Economics, 2022, 14, (1), 313-335 View citations (5)
   See also Working Paper Helicopter money: what is it and what does it do?, LSE Research Online Documents on Economics (2022) View citations (4) (2022)
5. Inflating Away the Public Debt? An Empirical Assessment
   The Review of Financial Studies, 2022, 35, (3), 1553-1595 View citations (11)
   See also Working Paper Inflating away the public debt? An empirical assessment, LSE Research Online Documents on Economics (2022) View citations (7) (2022)
6. The Economics of Liquidity Lines Between Central Banks
   Annual Review of Financial Economics, 2022, 14, (1), 57-74 View citations (2)
   See also Working Paper The economics of liquidity lines between central banks, LSE Research Online Documents on Economics (2022) (2022)

2021

7. Comment
   NBER Macroeconomics Annual, 2021, 35, (1), 99 - 111
8. Losing the Inflation Anchors
   Brookings Papers on Economic Activity, 2021, 52, (2 (Fall)), 307-379 View citations (2)
   See also Working Paper Losing the inflation anchor, LSE Research Online Documents on Economics (2022) View citations (4) (2022)
9. Optimal Automatic Stabilizers
   (Consumption versus Expenditure)
   The Review of Economic Studies, 2021, 88, (5), 2375-2406 View citations (16)
   See also Working Paper Optimal automatic stabilizers, LSE Research Online Documents on Economics (2021) View citations (16) (2021)

2018

10. Comment
    NBER Macroeconomics Annual, 2018, 32, (1), 246 - 260
11. Friedman's Presidential Address in the Evolution of Macroeconomic Thought
    Journal of Economic Perspectives, 2018, 32, (1), 81-96 View citations (34)
    See also Working Paper Friedman’s presidential address in the evolution of macroeconomic thought, LSE Research Online Documents on Economics (2018) View citations (31) (2018)
12. Is something really wrong with macroeconomics?
    Oxford Review of Economic Policy, 2018, 34, (1-2), 132-155 View citations (36)
    See also Working Paper Is something really wrong with macroeconomics?, LSE Research Online Documents on Economics (2018) View citations (36) (2018)
13. Preferencia de los bancos centrales por el largo plazo
    Journal Economía Chilena (The Chilean Economy), 2018, 21, (2), 046-081

2017

14. Comment
    NBER Macroeconomics Annual, 2017, 31, (1), 198 - 207
15. ESBies: safety in the tranches
    Economic Policy, 2017, 32, (90), 175-219 View citations (69)
    See also Working Paper ESBies: safety in the tranches, LSE Research Online Documents on Economics (2017) View citations (63) (2017)
16. QE in the Future: The Central Bank’s Balance Sheet in a Fiscal Crisis
    IMF Economic Review, 2017, 65, (1), 71-112 View citations (25)
    See also Working Paper QE in the future: the central bank’s balance sheet in a fiscal crisis, LSE Research Online Documents on Economics (2017) View citations (14) (2017)

2016

17. Comment
    NBER Macroeconomics Annual, 2016, 30, (1), 245 - 256
18. The Role of Automatic Stabilizers in the U.S. Business Cycle
    Econometrica, 2016, 84, 141-194 View citations (167)
    See also Working Paper The role of automatic stabilizers in the U.S. business cycle, LSE Research Online Documents on Economics (2016) View citations (147) (2016)
19. The Sovereign-Bank Diabolic Loop and ESBies
    American Economic Review, 2016, 106, (5), 508-12 View citations (122)
    See also Working Paper The Sovereign-Bank Diabolic Loop and ESBies, Discussion Papers (2016) View citations (24) (2016)

2015

20. Looking for a Success in the Euro Crisis Adjustment Programs: The Case of Portugal
    Brookings Papers on Economic Activity, 2015, 46, (2 (Fall)), 433-458 View citations (21)
    See also Working Paper Looking for a success in the euro crisis adjustment programs: the case of Portugal, LSE Research Online Documents on Economics (2015) View citations (16) (2015)

2013

21. Central Bank Design
    Journal of Economic Perspectives, 2013, 27, (4), 17-44 View citations (119)
    See also Working Paper Central Bank Design, NBER Working Papers (2013) View citations (120) (2013)
22. Comment
    NBER Macroeconomics Annual, 2013, 27, (1), 350 - 361
23. The Mystique Surrounding the Central Bank's Balance Sheet, Applied to the European Crisis
    American Economic Review, 2013, 103, (3), 135-40 View citations (76)
    See also Working Paper The Mystique Surrounding the Central Bank's Balance Sheet, Applied to the European Crisis, NBER Working Papers (2013) View citations (63) (2013)
24. The Portugese Slump and Crash and the Euro Crisis
    Brookings Papers on Economic Activity, 2013, 44, (1 (Spring)), 143-210 View citations (140)
    See also Working Paper The Portuguese Slump and Crash and the Euro Crisis, NBER Working Papers (2013) View citations (202) (2013)

2012

25. Targeted transfers and the fiscal response to the great recession
    Journal of Monetary Economics, 2012, 59, (S), S50-S64 View citations (204)
    See also Working Paper Targeted Transfers and the Fiscal Response to the Great Recession, NBER Working Papers (2011) View citations (47) (2011)

2010

26. Relative Goods' Prices, Pure Inflation, and the Phillips Correlation
    American Economic Journal: Macroeconomics, 2010, 2, (3), 128-57 View citations (69)
    See also Working Paper Relative Goods' Prices, Pure Inflation, and the Phillips Correlation, NBER Working Papers (2007) View citations (8) (2007)

2009

27. Interpreting the Unconventional U.S. Monetary Policy of 2007-09
    Brookings Papers on Economic Activity, 2009, 40, (2 (Fall)), 119-182 View citations (22)
    See also Working Paper Interpreting the Unconventional U.S. Monetary Policy of 2007-09, NBER Working Papers (2010) View citations (5) (2010)
28. Optimal Monetary Policy Rules in an Estimated Sticky-Information Model
    American Economic Journal: Macroeconomics, 2009, 1, (2), 1-28 View citations (55)
29. The Time-Series Properties of Aggregate Consumption: Implications for the Costs of Fluctuations
    Journal of the European Economic Association, 2009, 7, (4), 722-753 View citations (43)
    See also Working Paper The Time-Series Properties of Aggregate Consumption: Implications for the Costs of Fluctuation, NBER Working Papers (2005) View citations (6) (2005)

2008

30. The brevity and violence of contractions and expansions
    Journal of Monetary Economics, 2008, 55, (4), 738-751 View citations (85)
    See also Working Paper The Brevity and Violence of Contractions and Expansions, NBER Working Papers (2006) View citations (12) (2006)

2007

31. Sticky Information in General Equilibrium
    Journal of the European Economic Association, 2007, 5, (2-3), 603-613 View citations (151)
    See also Working Paper Sticky Information in General Equilibrium, Scholarly Articles (2007) View citations (150) (2007)
32. The analytics of monetary non-neutrality in the Sidrauski model
    Economics Letters, 2007, 94, (1), 129-135 View citations (25)
33. The persistence of inflation in the United States
    Journal of Economic Dynamics and Control, 2007, 31, (4), 1326-1358 View citations (225)

2006

34. Inattentive Producers
    The Review of Economic Studies, 2006, 73, (3), 793-821 View citations (309)
    See also Working Paper Inattentive Producers, NBER Working Papers (2005) View citations (11) (2005)
35. Inattentive consumers
    Journal of Monetary Economics, 2006, 53, (8), 1761-1800 View citations (310)
    See also Working Paper Inattentive Consumers, Working Papers (2004) View citations (22) (2004)
36. Pervasive Stickiness
    American Economic Review, 2006, 96, (2), 164-169 View citations (88)
    See also Working Paper Pervasive Stickiness, Harvard Institute of Economic Research Working Papers (2006) View citations (68) (2006)

2005

37. Monetary policy for inattentive economies
    Journal of Monetary Economics, 2005, 52, (4), 703-725 View citations (200)
    See also Working Paper Monetary Policy for Inattentive Economies, Economics Working Paper Archive (2003) View citations (37) (2003)
38. Understanding the Greenspan standard
    Proceedings - Economic Policy Symposium - Jackson Hole, 2005, (Aug), 11-96 View citations (74)
    See also Working Paper Understanding the Greenspan Standard, Working Papers (2005) View citations (158) (2005)

2003

39. What Measure of Inflation Should a Central Bank Target?
    Journal of the European Economic Association, 2003, 1, (5), 1058-1086 View citations (129)
    See also Working Paper What Measure of Inflation Should a Central Bank Target?, Scholarly Articles (2003) View citations (128) (2003)
40. Where Is the Natural Rate? Rational Policy Mistakes and Persistent Deviations of Inflation from Target
    The B.E. Journal of Macroeconomics, 2003, 3, (1), 40 View citations (21)

2002

41. Costs of banking system instability: Some empirical evidence
    Journal of Banking & Finance, 2002, 26, (5), 825-855 View citations (253)
    See also Working Paper Costs of banking system instability: some empirical evidence, Bank of England working papers (2001) View citations (57) (2001)
42. Sticky Information versus Sticky Prices: A Proposal to Replace the New Keynesian Phillips Curve
    The Quarterly Journal of Economics, 2002, 117, (4), 1295-1328 View citations (1961)
    Also in Proceedings, 2001, (Jun) (2001) View citations (107)
    See also Working Paper Sticky Information Versus Sticky Prices: A Proposal to Replace the New Keynesian Phillips Curve, Scholarly Articles (2002) View citations (2014) (2002)

Books

2023

1. NBER International Seminar on Macroeconomics 2022
   NBER Books, National Bureau of Economic Research, Inc

2022

2. The future of the monetary system
   BIS Papers, Bank for International Settlements

Chapters

2023

1. The workings of liquidity lines between central banks
   Chapter 5 in Research Handbook of Financial Markets, 2023, pp 102-124
   See also Working Paper The workings of liquidity lines between central banks, C.E.P.R. Discussion Papers (2022) (2022)

2020

2. Comment on "Imperfect Expectations: Theory and Evidence"
   A chapter in NBER Macroeconomics Annual 2020, volume 35, 2020, pp 99-111 View citations (1)
3. Keynote speech - The anchoring of long-run inflation expectations today
   A chapter in Inflation dynamics in Asia and the Pacific, 2020, vol. 111, pp 11-20 View citations (1)

2019

4. Central Banks Going Long
   Chapter 03 in Monetary Policy and Financial Stability: Transmission Mechanisms and Policy Implications, 2019, vol. 26, pp 043-081 View citations (1)
   See also Working Paper Central Banks Going Long, CESifo (2018) View citations (6) (2018)

2017

5. Comment on "Michelson-Morley, Fisher, and Occam: The Radical Implications of Stable Quiet Inflation at the Zero Bound"
   A chapter in NBER Macroeconomics Annual 2017, volume 32, 2017, pp 246-260
   See also Working Paper Comment on "Michelson-Morley, Fisher, and Occam: the radical implications of stable quiet inflation at the zero bound", London School of Economics and Political Science, LSE Library (2018) (2018)

2016

6. Comment on "Jump-Starting the Euro Area Recovery: Would a Rise in Core Fiscal Spending Help the Periphery? "
   A chapter in NBER Macroeconomics Annual 2016, Volume 31, 2016, pp 198-207
   See also Working Paper Comment on: “jump‐starting the euro area recovery: would a rise in core fiscal spending help the periphery”, London School of Economics and Political Science, LSE Library (2017) (2017)

2015

7. Comment on "External and Public Debt Crises"
   A chapter in NBER Macroeconomics Annual 2015, Volume 30, 2015, pp 245-256
   See also Working Paper Comment on "external and public debt crises", London School of Economics and Political Science, LSE Library (2016) (2016)

2012

8. Comment on "Testing for Keynesian Labor Demand"
   A chapter in NBER Macroeconomics Annual 2012, Volume 27, 2012, pp 350-361

2010

9. Imperfect Information and Aggregate Supply
   Chapter 05 in Handbook of Monetary Economics, 2010, vol. 3, pp 183-229 View citations (62)
   See also Working Paper Imperfect Information and Aggregate Supply, Harvard University Department of Economics (2010) View citations (67) (2010)

2009

10. A Sticky-information General Equilibrium Model por Policy Analysis
    Chapter 8 in Monetary Policy under Uncertainty and Learning, 2009, vol. 13, pp 227-283 View citations (20)
    See also Working Paper A Sticky-Information General-Equilibrium Model for Policy Analysis, National Bureau of Economic Research, Inc (2009) View citations (34) (2009)

2008

11. Comment on "In Search of the Transmission Mechanism of Fiscal Policy"
    A chapter in NBER Macroeconomics Annual 2007, Volume 22, 2008, pp 227-236

2004

12. Disagreement about Inflation Expectations
    A chapter in NBER Macroeconomics Annual 2003, Volume 18, 2004, pp 209-270 View citations (251)
    See also Working Paper Disagreement about Inflation Expectations, Yale School of Management (2004) View citations (248) (2004)