Details about David Romer

E-mail:
Homepage:	https://eml.berkeley.edu/~dromer/
Workplace:	Department of Economics, University of California-Berkeley, (more information at EDIRC) National Bureau of Economic Research (NBER), (more information at EDIRC)

Access statistics for papers by David Romer.

Last updated 2024-11-10. Update your information in the RePEc Author Service.

Short-id: pro406

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Jump to Journal Articles Books Edited books Chapters

Working Papers

2024

1. Lessons from History for Successful Disinflation
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
   See also Chapter Lessons from History for Successful Disinflation, NBER Chapters, National Bureau of Economic Research, Inc (2024) View citations (1) (2024)

2023

2. Does Monetary Policy Matter? The Narrative Approach after 35 Years
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)

2021

3. A Social Insurance Perspective on Pandemic Fiscal Policy: Implications for Unemployment Insurance and Hazard Pay
   NBER Working Papers, National Bureau of Economic Research, Inc
   See also Journal Article A Social Insurance Perspective on Pandemic Fiscal Policy: Implications for Unemployment Insurance and Hazard Pay, Journal of Economic Perspectives, American Economic Association (2022) View citations (3) (2022)

2020

4. In Praise of Confidence Intervals
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (12)
   See also Journal Article In Praise of Confidence Intervals, AEA Papers and Proceedings, American Economic Association (2020) View citations (12) (2020)

2019

5. Fiscal Space and the Aftermath of Financial Crises: How It Matters and Why
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (68)
   See also Journal Article Fiscal Space and the Aftermath of Financial Crises: How It Matters and Why, Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution (2019) View citations (6) (2019)

2017

6. Why Some Times Are Different: Macroeconomic Policy and the Aftermath of Financial Crises
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (15)

2015

7. New Evidence on the Impact of Financial Crises in Advanced Countries
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (65)

2014

8. Transfer Payments and the Macroeconomy: The Effects of Social Security Benefit Changes, 1952-1991
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)

2013

9. The Missing Transmission Mechanism in the Monetary Explanation of the Great Depression
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (21)
   See also Journal Article The Missing Transmission Mechanism in the Monetary Explanation of the Great Depression, American Economic Review, American Economic Association (2013) View citations (25) (2013)

2012

10. The Incentive Effects of Marginal Tax Rates: Evidence from the Interwar Era
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
    See also Journal Article The Incentive Effects of Marginal Tax Rates: Evidence from the Interwar Era, American Economic Journal: Economic Policy, American Economic Association (2014) View citations (15) (2014)

2009

11. A New Data Set on Monetary Policy: The Economic Forecasts of Individual Members of the FOMC
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
    See also Journal Article A New Data Set on Monetary Policy: The Economic Forecasts of Individual Members of the FOMC, Journal of Money, Credit and Banking, Blackwell Publishing (2010) View citations (65) (2010)

2008

12. The FOMC versus the Staff: Where Can Monetary Policymakers Add Value?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (136)
    See also Journal Article The FOMC versus the Staff: Where Can Monetary Policymakers Add Value?, American Economic Review, American Economic Association (2008) View citations (136) (2008)

2007

13. Do Tax Cuts Starve the Beast: The Effect of Tax Changes on Government Spending
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (15)
    See also Journal Article Do Tax Cuts Starve the Beast? The Effect of Tax Changes on Government Spending, Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution (2009) View citations (47) (2009)
14. The Macroeconomic Effects of Tax Changes: Estimates Based on a New Measure of Fiscal Shocks
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (123)
    See also Journal Article The Macroeconomic Effects of Tax Changes: Estimates Based on a New Measure of Fiscal Shocks, American Economic Review, American Economic Association (2010) View citations (1379) (2010)

2003

15. A New Measure of Monetary Shocks: Derivation and Implications
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (15)
    See also Journal Article A New Measure of Monetary Shocks: Derivation and Implications, American Economic Review, American Economic Association (2004) View citations (1116) (2004)
16. Choosing the Federal Reserve Chair: Lessons from History
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (10)
    See also Journal Article Choosing the Federal Reserve Chair: Lessons from History, Journal of Economic Perspectives, American Economic Association (2004) View citations (101) (2004)

2002

17. A Rehabilitation of Monetary Policy in the 1950s
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (34)
    See also Journal Article A Rehabilitation of Monetary Policy in the 1950's, American Economic Review, American Economic Association (2002) View citations (35) (2002)
18. It's Fourth Down and What Does the Bellman Equation Say? A Dynamic Programming Analysis of Football Strategy
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (9)
19. The Evolution of Economic Understanding and Postwar Stabilization Policy
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (169)
    See also Journal Article The evolution of economic understanding and postwar stabilization policy, Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City (2002) View citations (77) (2002)

2000

20. Keynesian Macroeconomics without the LM Curve
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (289)
    See also Journal Article Keynesian Macroeconomics without the LM Curve, Journal of Economic Perspectives, American Economic Association (2000) View citations (291) (2000)

1998

21. Monetary Policy and the Well-Being of the Poor
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (105)
    See also Journal Article Monetary policy and the well-being of the poor, Economic Review, Federal Reserve Bank of Kansas City (1999) View citations (43) (1999)

1997

22. Misconceptions and Political Outcomes
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
    See also Journal Article Misconceptions and Political Outcomes, Economic Journal, Royal Economic Society (2003) View citations (47) (2003)

1996

23. Federal Reserve Private Information and the Behavior of Interest Rates
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (24)
24. Institutions for Monetary Stability
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (13)
    See also Chapter Institutions for Monetary Stability, NBER Chapters, National Bureau of Economic Research, Inc (1997) View citations (21) (1997)
25. Trade and Growth in East Asian Countries: Cause and Effect?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (61)
    Also in Center for International and Development Economics Research (CIDER) Working Papers, University of California-Berkeley, Department of Economics (1995) View citations (8)
    Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley (1995) View citations (8)
    Pacific Basin Working Paper Series, Federal Reserve Bank of San Francisco (1995) View citations (8)
26. Trade and Growth: An Empirical Investigation
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (108)

1994

27. What Ends Recessions?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (92)
    See also Chapter What Ends Recessions?, NBER Chapters, National Bureau of Economic Research, Inc (1994) View citations (86) (1994)

1993

28. Credit Channel or Credit Actions? An Interpretation of the Postwar Transmission Mechanism
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (28)
    See also Journal Article Credit channel or credit actions? an interpretation of the postwar transmission mechanism, Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City (1993) View citations (10) (1993)
29. Inflation and the Informativeness of Prices
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (14)
    See also Journal Article Inflation and the Informativeness of Prices, Journal of Money, Credit and Banking, Blackwell Publishing (2003) View citations (55) (2003)

1992

30. Rational Asset Price Movements Without News
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
    See also Journal Article Rational Asset-Price Movements without News, American Economic Review, American Economic Association (1993) View citations (103) (1993)

1991

31. Openness and Inflation: Theory and Evidence
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (10)
    See also Journal Article Openness and Inflation: Theory and Evidence, The Quarterly Journal of Economics, President and Fellows of Harvard College (1993) View citations (585) (1993)

1990

32. A Contribution to the Empirics of Economic Growth
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (2809)
    Also in Working Papers, Brown University, Department of Economics (1990) View citations (68)
    See also Journal Article A Contribution to the Empirics of Economic Growth, The Quarterly Journal of Economics, President and Fellows of Harvard College (1992) View citations (7196) (1992)

1989

33. Does Monetary Policy Matter? A New Test in the Spirit of Friedman and Schwartz
    Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley View citations (933)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1989) View citations (942)
    Economics Working Papers, University of California at Berkeley (1989) View citations (775)
    See also Chapter Does Monetary Policy Matter? A New Test in the Spirit of Friedman and Schwartz, NBER Chapters, National Bureau of Economic Research, Inc (1989) View citations (933) (1989)
34. STOCK MARKET FORECASTABILITY AND VOLATILITY: A STATISTICAL APPRAISAL
    Working Papers, Michigan - Center for Research on Economic & Social Theory View citations (1)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1989) View citations (10)
    See also Journal Article Stock Market Forecastability and Volatility: A Statistical Appraisal, The Review of Economic Studies, Review of Economic Studies Ltd (1991) View citations (55) (1991)
35. Staggered Price Setting with Endogenous Frequency of Adjustment
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (10)
    Also in Economics Working Papers, University of California at Berkeley (1989) View citations (10)
    See also Journal Article Staggered price setting with endogenous frequency of adjustment, Economics Letters, Elsevier (1990) View citations (55) (1990)
36. Staggering Price Setting with Endogenous Frequency Adjustment
    Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley View citations (10)

1988

37. WHAT ARE THE COSTS OF EXCESSIVE DEFICITS?
    Working Papers, Princeton, Woodrow Wilson School - Discussion Paper View citations (20)
    See also Chapter What Are the Costs of Excessive Deficits?, NBER Chapters, National Bureau of Economic Research, Inc (1988) View citations (20) (1988)

1987

38. Are Prices Too Sticky?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (55)
    See also Journal Article Are Prices Too Sticky?, The Quarterly Journal of Economics, President and Fellows of Harvard College (1989) View citations (81) (1989)
39. Real Rigidities and the Non-Neutrality of Money
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (103)
    See also Journal Article Real Rigidities and the Non-Neutrality of Money, The Review of Economic Studies, Review of Economic Studies Ltd (1990) View citations (476) (1990)
40. Sticky Prices as Coordination Failure
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (11)
    See also Journal Article Sticky Prices as Coordination Failure, American Economic Review, American Economic Association (1991) View citations (165) (1991)
41. The Equilibrium and Optimal Timing of Price Changes
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (43)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1987) View citations (6)
    See also Journal Article The Equilibrium and Optimal Timing of Price Changes, The Review of Economic Studies, Review of Economic Studies Ltd (1989) View citations (61) (1989)

1985

42. An Unbiased Reexamination of Stock Market Volatility
    Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University View citations (77)
    See also Journal Article An Unbiased Reexamination of Stock Market Volatility, Journal of Finance, American Finance Association (1985) View citations (91) (1985)

Undated

43. Risk Aversion with Initial Wealth
    Rodney L. White Center for Financial Research Working Papers, Wharton School Rodney L. White Center for Financial Research
    Also in Rodney L. White Center for Financial Research Working Papers, Wharton School Rodney L. White Center for Financial Research

Journal Articles

2024

1. Report of the Editor, Journal of Economic Literature
   AEA Papers and Proceedings, 2024, 114, 761-66
   Also in AEA Papers and Proceedings, 2023, 113, 729-32 (2023)

2023

2. Presidential Address: Does Monetary Policy Matter? The Narrative Approach after 35 Years
   American Economic Review, 2023, 113, (6), 1395-1423 View citations (16)

2022

3. A Social Insurance Perspective on Pandemic Fiscal Policy: Implications for Unemployment Insurance and Hazard Pay
   Journal of Economic Perspectives, 2022, 36, (2), 3-28 View citations (3)
   See also Working Paper A Social Insurance Perspective on Pandemic Fiscal Policy: Implications for Unemployment Insurance and Hazard Pay, NBER Working Papers (2021) (2021)

2020

4. In Praise of Confidence Intervals
   AEA Papers and Proceedings, 2020, 110, 55-60 View citations (12)
   See also Working Paper In Praise of Confidence Intervals, NBER Working Papers (2020) View citations (12) (2020)

2019

5. Fiscal Space and the Aftermath of Financial Crises: How It Matters and Why
   Brookings Papers on Economic Activity, 2019, 50, (1 (Spring)), 239-331 View citations (6)
   See also Working Paper Fiscal Space and the Aftermath of Financial Crises: How It Matters and Why, NBER Working Papers (2019) View citations (68) (2019)

2018

6. Phillips Lecture – Why Some Times Are Different: Macroeconomic Policy and the Aftermath of Financial Crises
   Economica, 2018, 85, (337), 1-40 View citations (56)

2017

7. New Evidence on the Aftermath of Financial Crises in Advanced Countries
   American Economic Review, 2017, 107, (10), 3072-3118 View citations (122)

2016

8. Transfer Payments and the Macroeconomy: The Effects of Social Security Benefit Increases, 1952-1991
   American Economic Journal: Macroeconomics, 2016, 8, (4), 1-42 View citations (36)

2014

9. The Incentive Effects of Marginal Tax Rates: Evidence from the Interwar Era
   American Economic Journal: Economic Policy, 2014, 6, (3), 242-81 View citations (15)
   See also Working Paper The Incentive Effects of Marginal Tax Rates: Evidence from the Interwar Era, NBER Working Papers (2012) View citations (8) (2012)

2013

10. Report: Ad Hoc Search Committee for the Editor of the American Economic Journal: Economic Policy
    American Economic Review, 2013, 103, (3), 774-774
11. The Missing Transmission Mechanism in the Monetary Explanation of the Great Depression
    American Economic Review, 2013, 103, (3), 66-72 View citations (25)
    See also Working Paper The Missing Transmission Mechanism in the Monetary Explanation of the Great Depression, NBER Working Papers (2013) View citations (21) (2013)
12. The Most Dangerous Idea in Federal Reserve History: Monetary Policy Doesn't Matter
    American Economic Review, 2013, 103, (3), 55-60 View citations (39)

2010

13. A New Data Set on Monetary Policy: The Economic Forecasts of Individual Members of the FOMC
    Journal of Money, Credit and Banking, 2010, 42, (5), 951-957 View citations (65)
    Also in Journal of Money, Credit and Banking, 2010, 42, (5), 951-957 (2010) View citations (18)
    See also Working Paper A New Data Set on Monetary Policy: The Economic Forecasts of Individual Members of the FOMC, NBER Working Papers (2009) View citations (5) (2009)
14. The Macroeconomic Effects of Tax Changes: Estimates Based on a New Measure of Fiscal Shocks
    American Economic Review, 2010, 100, (3), 763-801 View citations (1379)
    See also Working Paper The Macroeconomic Effects of Tax Changes: Estimates Based on a New Measure of Fiscal Shocks, NBER Working Papers (2007) View citations (123) (2007)

2009

15. Do Tax Cuts Starve the Beast? The Effect of Tax Changes on Government Spending
    Brookings Papers on Economic Activity, 2009, 40, (1 (Spring)), 139-214 View citations (47)
    See also Working Paper Do Tax Cuts Starve the Beast: The Effect of Tax Changes on Government Spending, NBER Working Papers (2007) View citations (15) (2007)

2008

16. The FOMC versus the Staff: Where Can Monetary Policymakers Add Value?
    American Economic Review, 2008, 98, (2), 230-35 View citations (136)
    See also Working Paper The FOMC versus the Staff: Where Can Monetary Policymakers Add Value?, NBER Working Papers (2008) View citations (136) (2008)

2006

17. Do Firms Maximize? Evidence from Professional Football
    Journal of Political Economy, 2006, 114, (2), 340-365 View citations (88)

2004

18. A New Measure of Monetary Shocks: Derivation and Implications
    American Economic Review, 2004, 94, (4), 1055-1084 View citations (1116)
    See also Working Paper A New Measure of Monetary Shocks: Derivation and Implications, NBER Working Papers (2003) View citations (15) (2003)
19. Choosing the Federal Reserve Chair: Lessons from History
    Journal of Economic Perspectives, 2004, 18, (1), 129-162 View citations (101)
    See also Working Paper Choosing the Federal Reserve Chair: Lessons from History, NBER Working Papers (2003) View citations (10) (2003)

2003

20. Inflation and the Informativeness of Prices
    Journal of Money, Credit and Banking, 2003, 35, (2), 177-96 View citations (55)
    See also Working Paper Inflation and the Informativeness of Prices, NBER Working Papers (1993) View citations (14) (1993)
21. Misconceptions and Political Outcomes
    Economic Journal, 2003, 113, (484), 1-20 View citations (47)
    See also Working Paper Misconceptions and Political Outcomes, NBER Working Papers (1997) View citations (2) (1997)

2002

22. A Rehabilitation of Monetary Policy in the 1950's
    American Economic Review, 2002, 92, (2), 121-127 View citations (35)
    See also Working Paper A Rehabilitation of Monetary Policy in the 1950s, NBER Working Papers (2002) View citations (34) (2002)
23. The evolution of economic understanding and postwar stabilization policy
    Proceedings - Economic Policy Symposium - Jackson Hole, 2002, 11-78 View citations (77)
    See also Working Paper The Evolution of Economic Understanding and Postwar Stabilization Policy, NBER Working Papers (2002) View citations (169) (2002)

2000

24. Federal Reserve Information and the Behavior of Interest Rates
    American Economic Review, 2000, 90, (3), 429-457 View citations (770)
25. Keynesian Macroeconomics without the LM Curve
    Journal of Economic Perspectives, 2000, 14, (2), 149-169 View citations (291)
    See also Working Paper Keynesian Macroeconomics without the LM Curve, NBER Working Papers (2000) View citations (289) (2000)

1999

26. Does Trade Cause Growth?
    American Economic Review, 1999, 89, (3), 379-399 View citations (2650)
27. Monetary policy and the well-being of the poor
    Economic Review, 1999, 84, (Q I), 21-49 View citations (43)
    Also in Proceedings - Economic Policy Symposium - Jackson Hole, 1998, 159-201 (1998) View citations (64)
    See also Working Paper Monetary Policy and the Well-Being of the Poor, NBER Working Papers (1998) View citations (105) (1998)

1998

28. A New Assessment of Openness and Inflation: Reply
    The Quarterly Journal of Economics, 1998, 113, (2), 649-652 View citations (31)

1997

29. Identification and the narrative approach: A reply to Leeper
    Journal of Monetary Economics, 1997, 40, (3), 659-665 View citations (17)

1994

30. Monetary policy matters
    Journal of Monetary Economics, 1994, 34, (1), 75-88 View citations (125)

1993

31. Credit channel or credit actions? an interpretation of the postwar transmission mechanism
    Proceedings - Economic Policy Symposium - Jackson Hole, 1993, 71-149 View citations (10)
    See also Working Paper Credit Channel or Credit Actions? An Interpretation of the Postwar Transmission Mechanism, NBER Working Papers (1993) View citations (28) (1993)
32. Do Students Go to Class? Should They?
    Journal of Economic Perspectives, 1993, 7, (3), 167-174 View citations (96)
33. Openness and Inflation: Theory and Evidence
    The Quarterly Journal of Economics, 1993, 108, (4), 869-903 View citations (585)
    Also in Proceedings, 1991, (Nov) (1991) View citations (12)
    See also Working Paper Openness and Inflation: Theory and Evidence, NBER Working Papers (1991) View citations (10) (1991)
34. Rational Asset-Price Movements without News
    American Economic Review, 1993, 83, (5), 1112-30 View citations (103)
    See also Working Paper Rational Asset Price Movements Without News, NBER Working Papers (1992) View citations (2) (1992)
35. The New Keynesian Synthesis
    Journal of Economic Perspectives, 1993, 7, (1), 5-22 View citations (87)
36. Why Should Governments Issue Bonds?
    Journal of Money, Credit and Banking, 1993, 25, (2), 163-75 View citations (4)

1992

37. A Contribution to the Empirics of Economic Growth
    The Quarterly Journal of Economics, 1992, 107, (2), 407-437 View citations (7196)
    See also Working Paper A Contribution to the Empirics of Economic Growth, NBER Working Papers (1990) View citations (2809) (1990)

1991

38. Sticky Prices as Coordination Failure
    American Economic Review, 1991, 81, (3), 539-52 View citations (165)
    See also Working Paper Sticky Prices as Coordination Failure, NBER Working Papers (1987) View citations (11) (1987)
39. Stock Market Forecastability and Volatility: A Statistical Appraisal
    The Review of Economic Studies, 1991, 58, (3), 455-477 View citations (55)
    See also Working Paper STOCK MARKET FORECASTABILITY AND VOLATILITY: A STATISTICAL APPRAISAL, Working Papers (1989) View citations (1) (1989)

1990

40. New Evidence on the Monetary Transmission Mechanism
    Brookings Papers on Economic Activity, 1990, 21, (1), 149-214 View citations (238)
41. Real Rigidities and the Non-Neutrality of Money
    The Review of Economic Studies, 1990, 57, (2), 183-203 View citations (476)
    See also Working Paper Real Rigidities and the Non-Neutrality of Money, NBER Working Papers (1987) View citations (103) (1987)
42. Staggered price setting with endogenous frequency of adjustment
    Economics Letters, 1990, 32, (3), 205-210 View citations (55)
    See also Working Paper Staggered Price Setting with Endogenous Frequency of Adjustment, NBER Working Papers (1989) View citations (10) (1989)

1989

43. Are Prices Too Sticky?
    The Quarterly Journal of Economics, 1989, 104, (3), 507-524 View citations (81)
    See also Working Paper Are Prices Too Sticky?, NBER Working Papers (1987) View citations (55) (1987)
44. The Equilibrium and Optimal Timing of Price Changes
    The Review of Economic Studies, 1989, 56, (2), 179-198 View citations (61)
    See also Working Paper The Equilibrium and Optimal Timing of Price Changes, NBER Working Papers (1987) View citations (43) (1987)

1988

45. The New Keynsesian Economics and the Output-Inflation Trade-off
    Brookings Papers on Economic Activity, 1988, 19, (1), 1-82 View citations (205)

1987

46. Comments on Gorton and Haubrich
    Carnegie-Rochester Conference Series on Public Policy, 1987, 26, (1), 335-343
47. The monetary transmission mechanism in a general equilibrium version of the baumol-tobin model
    Journal of Monetary Economics, 1987, 20, (1), 105-122 View citations (10)

1986

48. A Simple General Equilibrium Version of the Baumol-Tobin Model
    The Quarterly Journal of Economics, 1986, 101, (4), 663-685 View citations (53)

1985

49. An Unbiased Reexamination of Stock Market Volatility
    Journal of Finance, 1985, 40, (3), 677-87 View citations (91)
    See also Working Paper An Unbiased Reexamination of Stock Market Volatility, Cowles Foundation Discussion Papers (1985) View citations (77) (1985)
50. Financial intermediation, reserve requirements, and inside money: A general equilibrium analysis
    Journal of Monetary Economics, 1985, 16, (2), 175-194 View citations (47)

1984

51. The Theory of Social Custom: A Modification and Some Extensions
    The Quarterly Journal of Economics, 1984, 99, (4), 717-727 View citations (38)

1981

52. Risk Aversion with Random Initial Wealth
    Econometrica, 1981, 49, (4), 911-20 View citations (101)
53. Rosen and Quandt's Disequilibrium Model of the Labor Market: A Revision
    The Review of Economics and Statistics, 1981, 63, (1), 145-46 View citations (1)

Books

1997

1. Reducing Inflation: Motivation and Strategy
   NBER Books, National Bureau of Economic Research, Inc View citations (504)

Edited books

2014

1. What Have We Learned? Macroeconomic Policy After the Crisis, vol 1
   MIT Press Books, The MIT Press View citations (45)

2012

2. In the Wake of the Crisis: Leading Economists Reassess Economic Policy, vol 1
   MIT Press Books, The MIT Press View citations (53)

2007

3. Reducing Inflation
   National Bureau of Economic Research Books, University of Chicago Press

1991

4. New Keynesian Economics - Vol. 1: Imperfect Competition and Sticky Prices, vol 1
   MIT Press Books, The MIT Press View citations (74)
5. New Keynesian Economics - Vol. 2: Coordination Failures and Real Rigidities, vol 1
   MIT Press Books, The MIT Press View citations (50)

Chapters

2024

1. Lessons from History for Successful Disinflation
   A chapter in Inflation in the COVID Era and Beyond, 2024 View citations (1)
   See also Working Paper Lessons from History for Successful Disinflation, National Bureau of Economic Research, Inc (2024) View citations (1) (2024)

2012

2. What Have We Learned about Fiscal Policy from the Crisis?
   Chapter 6 in In the Wake of the Crisis: Leading Economists Reassess Economic Policy, 2012, vol. 1, pp 57-66 View citations (10)

2007

3. Comment on "Globalization and Monetary Control"
   A chapter in International Dimensions of Monetary Policy, 2007, pp 77-87 View citations (1)

1997

4. Institutions for Monetary Stability
   A chapter in Reducing Inflation: Motivation and Strategy, 1997, pp 307-334 View citations (21)
   See also Working Paper Institutions for Monetary Stability, National Bureau of Economic Research, Inc (1996) View citations (13) (1996)
5. Introduction to "Reducing Inflation: Motivation and Strategy"
   A chapter in Reducing Inflation: Motivation and Strategy, 1997, pp 1-12 View citations (11)

1994

6. What Ends Recessions?
   A chapter in NBER Macroeconomics Annual 1994, Volume 9, 1994, pp 13-80 View citations (86)
   See also Working Paper What Ends Recessions?, National Bureau of Economic Research, Inc (1994) View citations (92) (1994)

1989

7. Does Monetary Policy Matter? A New Test in the Spirit of Friedman and Schwartz
   A chapter in NBER Macroeconomics Annual 1989, Volume 4, 1989, pp 121-184 View citations (933)
   See also Working Paper Does Monetary Policy Matter? A New Test in the Spirit of Friedman and Schwartz, Department of Economics, Institute for Business and Economic Research, UC Berkeley (1989) View citations (933) (1989)

1988

8. What Are the Costs of Excessive Deficits?
   A chapter in NBER Macroeconomics Annual 1988, Volume 3, 1988, pp 63-110 View citations (20)
   See also Working Paper WHAT ARE THE COSTS OF EXCESSIVE DEFICITS?, Princeton, Woodrow Wilson School - Discussion Paper (1988) View citations (20) (1988)