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Details about David Romer

E-mail:
Homepage:http://www.econ.berkeley.edu/~dromer/index.shtml
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 2022-05-07. Update your information in the RePEc Author Service.

Short-id: pro406


Jump to Journal Articles Books Edited books Chapters

Working Papers

2021

  1. A Social Insurance Perspective on Pandemic Fiscal Policy: Implications for Unemployment Insurance and Hazard Pay
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads

2020

  1. In Praise of Confidence Intervals
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (8)
    See also Journal Article in AEA Papers and Proceedings (2020)

2019

  1. Fiscal Space and the Aftermath of Financial Crises: How It Matters and Why
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (29)

2017

  1. Why Some Times Are Different: Macroeconomic Policy and the Aftermath of Financial Crises
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (11)

2015

  1. New Evidence on the Impact of Financial Crises in Advanced Countries
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (59)

2014

  1. Transfer Payments and the Macroeconomy: The Effects of Social Security Benefit Changes, 1952-1991
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (4)

2013

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

2012

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

2009

  1. 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 Downloads View citations (5)
    See also Journal Article in Journal of Money, Credit and Banking (2010)

2008

  1. The FOMC versus the Staff: Where Can Monetary Policymakers Add Value?
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (119)
    See also Journal Article in American Economic Review (2008)

2007

  1. Do Tax Cuts Starve the Beast: The Effect of Tax Changes on Government Spending
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (14)
    See also Journal Article in Brookings Papers on Economic Activity (2009)
  2. The Macroeconomic Effects of Tax Changes: Estimates Based on a New Measure of Fiscal Shocks
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (118)
    See also Journal Article in American Economic Review (2010)

2003

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

2002

  1. A Rehabilitation of Monetary Policy in the 1950s
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (33)
    See also Journal Article in American Economic Review (2002)
  2. 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 Downloads View citations (6)
  3. The Evolution of Economic Understanding and Postwar Stabilization Policy
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (164)
    See also Journal Article in Proceedings - Economic Policy Symposium - Jackson Hole (2002)

2000

  1. Keynesian Macroeconomics without the LM Curve
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (278)
    See also Journal Article in Journal of Economic Perspectives (2000)

1998

  1. Monetary Policy and the Well-Being of the Poor
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (101)
    See also Journal Article in Economic Review (1999)

1997

  1. Misconceptions and Political Outcomes
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (2)
    See also Journal Article in Economic Journal (2003)

1996

  1. Federal Reserve Private Information and the Behavior of Interest Rates
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (25)
  2. Institutions for Monetary Stability
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (13)
    See also Chapter (1997)
  3. Trade and Growth in East Asian Countries: Cause and Effect?
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (61)
    Also in Center for International and Development Economics Research (CIDER) Working Papers, University of California-Berkeley, Department of Economics (1995) Downloads 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)
  4. Trade and Growth: An Empirical Investigation
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (104)

1994

  1. What Ends Recessions?
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (89)
    See also Chapter (1994)

1993

  1. Credit Channel or Credit Actions? An Interpretation of the Postwar Transmission Mechanism
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (28)
    See also Journal Article in Proceedings - Economic Policy Symposium - Jackson Hole (1993)
  2. Inflation and the Informativeness of Prices
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (14)
    See also Journal Article in Journal of Money, Credit and Banking (2003)

1992

  1. Rational Asset Price Movements Without News
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (2)
    See also Journal Article in American Economic Review (1993)

1991

  1. Openness and Inflation: Theory and Evidence
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (10)
    See also Journal Article in The Quarterly Journal of Economics (1993)

1990

  1. A Contribution to the Empirics of Economic Growth
    Working Papers, Brown University, Department of Economics View citations (67)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1990) Downloads View citations (2817)

    See also Journal Article in The Quarterly Journal of Economics (1992)

1989

  1. Does Monetary Policy Matter? A New Test in the Spirit of Friedman and Schwartz
    Economics Working Papers, University of California at Berkeley View citations (732)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1989) Downloads View citations (870)
    Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley (1989) Downloads View citations (754)

    See also Chapter (1989)
  2. 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) Downloads View citations (10)

    See also Journal Article in Review of Economic Studies (1991)
  3. Staggered Price Setting with Endogenous Frequency of Adjustment
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (10)
    Also in Economics Working Papers, University of California at Berkeley (1989) View citations (10)

    See also Journal Article in Economics Letters (1990)
  4. Staggering Price Setting with Endogenous Frequency Adjustment
    Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley Downloads View citations (3)

1988

  1. WHAT ARE THE COSTS OF EXCESSIVE DEFICITS?
    Working Papers, Princeton, Woodrow Wilson School - Discussion Paper View citations (17)
    See also Chapter (1988)

1987

  1. Are Prices Too Sticky?
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (55)
    See also Journal Article in The Quarterly Journal of Economics (1989)
  2. Real Rigidities and the Non-Neutrality of Money
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (104)
    See also Journal Article in Review of Economic Studies (1990)
  3. Sticky Prices as Coordination Failure
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (11)
    See also Journal Article in American Economic Review (1991)
  4. The Equilibrium and Optimal Timing of Price Changes
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (43)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1987) View citations (6)

    See also Journal Article in Review of Economic Studies (1989)

1985

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

Undated

  1. 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

2020

  1. In Praise of Confidence Intervals
    AEA Papers and Proceedings, 2020, 110, 55-60 Downloads View citations (9)
    See also Working Paper (2020)

2018

  1. Phillips Lecture – Why Some Times Are Different: Macroeconomic Policy and the Aftermath of Financial Crises
    Economica, 2018, 85, (337), 1-40 Downloads View citations (42)

2017

  1. New Evidence on the Aftermath of Financial Crises in Advanced Countries
    American Economic Review, 2017, 107, (10), 3072-3118 Downloads View citations (84)

2016

  1. Transfer Payments and the Macroeconomy: The Effects of Social Security Benefit Increases, 1952-1991
    American Economic Journal: Macroeconomics, 2016, 8, (4), 1-42 Downloads View citations (19)

2014

  1. The Incentive Effects of Marginal Tax Rates: Evidence from the Interwar Era
    American Economic Journal: Economic Policy, 2014, 6, (3), 242-81 Downloads View citations (12)
    See also Working Paper (2012)

2013

  1. Report: Ad Hoc Search Committee for the Editor of the American Economic Journal: Economic Policy
    American Economic Review, 2013, 103, (3), 774-774 Downloads
  2. The Missing Transmission Mechanism in the Monetary Explanation of the Great Depression
    American Economic Review, 2013, 103, (3), 66-72 Downloads View citations (24)
    See also Working Paper (2013)
  3. The Most Dangerous Idea in Federal Reserve History: Monetary Policy Doesn't Matter
    American Economic Review, 2013, 103, (3), 55-60 Downloads View citations (35)

2010

  1. 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 (58)
    Also in Journal of Money, Credit and Banking, 2010, 42, (5), 951-957 (2010) Downloads View citations (12)

    See also Working Paper (2009)
  2. The Macroeconomic Effects of Tax Changes: Estimates Based on a New Measure of Fiscal Shocks
    American Economic Review, 2010, 100, (3), 763-801 Downloads View citations (1187)
    See also Working Paper (2007)

2009

  1. 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 Downloads View citations (36)
    See also Working Paper (2007)

2008

  1. The FOMC versus the Staff: Where Can Monetary Policymakers Add Value?
    American Economic Review, 2008, 98, (2), 230-35 Downloads View citations (120)
    See also Working Paper (2008)

2006

  1. Do Firms Maximize? Evidence from Professional Football
    Journal of Political Economy, 2006, 114, (2), 340-365 Downloads View citations (75)

2004

  1. A New Measure of Monetary Shocks: Derivation and Implications
    American Economic Review, 2004, 94, (4), 1055-1084 Downloads View citations (910)
    See also Working Paper (2003)
  2. Choosing the Federal Reserve Chair: Lessons from History
    Journal of Economic Perspectives, 2004, 18, (1), 129-162 Downloads View citations (93)
    See also Working Paper (2003)

2003

  1. Inflation and the Informativeness of Prices
    Journal of Money, Credit and Banking, 2003, 35, (2), 177-96 View citations (53)
    See also Working Paper (1993)
  2. Misconceptions and Political Outcomes
    Economic Journal, 2003, 113, (484), 1-20 View citations (44)
    See also Working Paper (1997)

2002

  1. A Rehabilitation of Monetary Policy in the 1950's
    American Economic Review, 2002, 92, (2), 121-127 Downloads View citations (33)
    See also Working Paper (2002)
  2. The evolution of economic understanding and postwar stabilization policy
    Proceedings - Economic Policy Symposium - Jackson Hole, 2002, 11-78 Downloads View citations (75)
    See also Working Paper (2002)

2000

  1. Federal Reserve Information and the Behavior of Interest Rates
    American Economic Review, 2000, 90, (3), 429-457 Downloads View citations (674)
  2. Keynesian Macroeconomics without the LM Curve
    Journal of Economic Perspectives, 2000, 14, (2), 149-169 Downloads View citations (279)
    See also Working Paper (2000)

1999

  1. Does Trade Cause Growth?
    American Economic Review, 1999, 89, (3), 379-399 Downloads View citations (2441)
  2. Monetary policy and the well-being of the poor
    Economic Review, 1999, 84, (Q I), 21-49 Downloads View citations (38)
    Also in Proceedings - Economic Policy Symposium - Jackson Hole, 1998, 159-201 (1998) Downloads View citations (60)

    See also Working Paper (1998)

1998

  1. A New Assessment of Openness and Inflation: Reply
    The Quarterly Journal of Economics, 1998, 113, (2), 649-652 Downloads View citations (29)

1997

  1. Identification and the narrative approach: A reply to Leeper
    Journal of Monetary Economics, 1997, 40, (3), 659-665 Downloads View citations (16)

1994

  1. Monetary policy matters
    Journal of Monetary Economics, 1994, 34, (1), 75-88 Downloads View citations (121)

1993

  1. Credit channel or credit actions? an interpretation of the postwar transmission mechanism
    Proceedings - Economic Policy Symposium - Jackson Hole, 1993, 71-149 Downloads View citations (10)
    See also Working Paper (1993)
  2. Do Students Go to Class? Should They?
    Journal of Economic Perspectives, 1993, 7, (3), 167-174 Downloads View citations (91)
  3. Openness and Inflation: Theory and Evidence
    The Quarterly Journal of Economics, 1993, 108, (4), 869-903 Downloads View citations (549)
    Also in Proceedings, 1991, (Nov) (1991) View citations (9)

    See also Working Paper (1991)
  4. Rational Asset-Price Movements without News
    American Economic Review, 1993, 83, (5), 1112-30 Downloads View citations (97)
    See also Working Paper (1992)
  5. The New Keynesian Synthesis
    Journal of Economic Perspectives, 1993, 7, (1), 5-22 Downloads View citations (83)
  6. Why Should Governments Issue Bonds?
    Journal of Money, Credit and Banking, 1993, 25, (2), 163-75 Downloads View citations (4)

1992

  1. A Contribution to the Empirics of Economic Growth
    The Quarterly Journal of Economics, 1992, 107, (2), 407-437 Downloads View citations (6691)
    See also Working Paper (1990)

1991

  1. Sticky Prices as Coordination Failure
    American Economic Review, 1991, 81, (3), 539-52 Downloads View citations (150)
    See also Working Paper (1987)
  2. Stock Market Forecastability and Volatility: A Statistical Appraisal
    Review of Economic Studies, 1991, 58, (3), 455-477 Downloads View citations (55)
    See also Working Paper (1989)

1990

  1. New Evidence on the Monetary Transmission Mechanism
    Brookings Papers on Economic Activity, 1990, 21, (1), 149-214 Downloads View citations (225)
  2. Real Rigidities and the Non-Neutrality of Money
    Review of Economic Studies, 1990, 57, (2), 183-203 Downloads View citations (457)
    See also Working Paper (1987)
  3. Staggered price setting with endogenous frequency of adjustment
    Economics Letters, 1990, 32, (3), 205-210 Downloads View citations (54)
    See also Working Paper (1989)

1989

  1. Are Prices Too Sticky?
    The Quarterly Journal of Economics, 1989, 104, (3), 507-524 Downloads View citations (80)
    See also Working Paper (1987)
  2. The Equilibrium and Optimal Timing of Price Changes
    Review of Economic Studies, 1989, 56, (2), 179-198 Downloads View citations (61)
    See also Working Paper (1987)

1988

  1. The New Keynsesian Economics and the Output-Inflation Trade-off
    Brookings Papers on Economic Activity, 1988, 19, (1), 1-82 Downloads View citations (189)

1987

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

1986

  1. A Simple General Equilibrium Version of the Baumol-Tobin Model
    The Quarterly Journal of Economics, 1986, 101, (4), 663-685 Downloads View citations (51)

1985

  1. An Unbiased Reexamination of Stock Market Volatility
    Journal of Finance, 1985, 40, (3), 677-87 Downloads View citations (91)
    See also Working Paper (1985)
  2. Financial intermediation, reserve requirements, and inside money: A general equilibrium analysis
    Journal of Monetary Economics, 1985, 16, (2), 175-194 Downloads View citations (44)

1984

  1. The Theory of Social Custom: A Modification and Some Extensions
    The Quarterly Journal of Economics, 1984, 99, (4), 717-727 Downloads View citations (35)

1981

  1. Risk Aversion with Random Initial Wealth
    Econometrica, 1981, 49, (4), 911-20 Downloads View citations (98)
  2. Rosen and Quandt's Disequilibrium Model of the Labor Market: A Revision
    The Review of Economics and Statistics, 1981, 63, (1), 145-46 Downloads View citations (1)

Books

1997

  1. Reducing Inflation: Motivation and Strategy
    NBER Books, National Bureau of Economic Research, Inc View citations (508)

Edited books

2014

  1. What Have We Learned? Macroeconomic Policy After the Crisis, vol 1
    MIT Press Books, The MIT Press View citations (42)

2012

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

1997

  1. Reducing Inflation
    National Bureau of Economic Research Books, University of Chicago Press View citations (8)

1991

  1. New Keynesian Economics - Vol. 1: Imperfect Competition and Sticky Prices, vol 1
    MIT Press Books, The MIT Press View citations (62)
  2. New Keynesian Economics - Vol. 2: Coordination Failures and Real Rigidities, vol 1
    MIT Press Books, The MIT Press View citations (48)

Chapters

2012

  1. 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 (9)

2007

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

1997

  1. Institutions for Monetary Stability
    A chapter in Reducing Inflation: Motivation and Strategy, 1997, pp 307-334 Downloads View citations (20)
    See also Working Paper (1996)
  2. Introduction to "Reducing Inflation: Motivation and Strategy"
    A chapter in Reducing Inflation: Motivation and Strategy, 1997, pp 1-12 Downloads View citations (11)

1994

  1. What Ends Recessions?
    A chapter in NBER Macroeconomics Annual 1994, Volume 9, 1994, pp 13-80 Downloads View citations (81)
    See also Working Paper (1994)

1989

  1. 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 Downloads View citations (876)
    See also Working Paper (1989)

1988

  1. What Are the Costs of Excessive Deficits?
    A chapter in NBER Macroeconomics Annual 1988, Volume 3, 1988, pp 63-110 Downloads View citations (20)
    See also Working Paper (1988)
 
Page updated 2023-03-20