Details about Christina Duckworth Romer

Homepage:	http://emlab.berkeley.edu/users/cromer/index.shtml
Workplace:	Department of Economics, University of California-Berkeley, (more information at EDIRC)

Access statistics for papers by Christina Duckworth Romer.

Last updated 2023-02-24. Update your information in the RePEc Author Service.

Short-id: pro407

---

Jump to Journal Articles Books Chapters

Working Papers

2024

1. Lessons from History for Successful Disinflation
   NBER Working Papers, National Bureau of Economic Research, Inc

2023

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

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

2019

4. Fiscal Space and the Aftermath of Financial Crises: How It Matters and Why
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (61)

2017

5. Why Some Times Are Different: Macroeconomic Policy and the Aftermath of Financial Crises
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (13)

2015

6. New Evidence on the Impact of Financial Crises in Advanced Countries
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (64)

2014

7. 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

8. The Missing Transmission Mechanism in the Monetary Explanation of the Great Depression
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (21)

2012

9. The Incentive Effects of Marginal Tax Rates: Evidence from the Interwar Era
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)

2008

10. The FOMC versus the Staff: Where Can Monetary Policymakers Add Value?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (133)
    See also Journal Article The FOMC versus the Staff: Where Can Monetary Policymakers Add Value?, American Economic Review, American Economic Association (2008) View citations (133) (2008)

2007

11. 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 (46) (2009)
12. 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 (1311) (2010)

2003

13. 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 (1045) (2004)
14. 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 (98) (2004)

2002

15. 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)
16. The Evolution of Economic Understanding and Postwar Stabilization Policy
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (167)
    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)

2001

17. Was the Federal Reserve Fettered? Devaluation Expectations in the 1932 Monetary Expansion
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)

1999

18. Changes in Business Cycles: Evidence and Explanations
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (97)
    See also Journal Article Changes in Business Cycles: Evidence and Explanations, Journal of Economic Perspectives, American Economic Association (1999) View citations (92) (1999)

1998

19. Monetary Policy and the Well-Being of the Poor
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (103)
    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)

1996

20. Federal Reserve Private Information and the Behavior of Interest Rates
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (25)
21. Inflation and the Growth Rate of Output
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (12)
22. 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 (20) (1997)

1994

23. 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

24. 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)
25. Historical Perspectives on the Monetary Transmission Mechanism
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (14)
    See also Chapter Historical Perspectives on the Monetary Transmission Mechanism, NBER Chapters, National Bureau of Economic Research, Inc (1994) View citations (15) (1994)

1992

26. Remeasuring Business Cycles
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (11)
    See also Journal Article Remeasuring Business Cycles, The Journal of Economic History, Cambridge University Press (1994) View citations (75) (1994)

1991

27. What Ended the Great Depression?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (20)
    See also Journal Article What Ended the Great Depression?, The Journal of Economic History, Cambridge University Press (1992) View citations (202) (1992)

1989

28. A New Monthly Index of Industrial Production, 1884-1940
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
    See also Journal Article A New Monthly Index of Industrial Production, 1884–1940, The Journal of Economic History, Cambridge University Press (1990) View citations (45) (1990)
29. Does Monetary Policy Matter? A New Test in the Spirit of Friedman and Schwartz
    Economics Working Papers, University of California at Berkeley View citations (759)
    Also in Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley (1989) View citations (917)
    NBER Working Papers, National Bureau of Economic Research, Inc (1989) View citations (926)
    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 (917) (1989)

1988

30. The Great Crash and the Onset of the Great Depression
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (7)

1987

31. Changes in the Cyclical Behavior of Individual Production Series
    NBER Working Papers, National Bureau of Economic Research, Inc
32. Existing Estimates, New Estimates, and New Interpretations of World War I and its Aftermath
    NBER Working Papers, National Bureau of Economic Research, Inc

1986

33. The Prewar Business Cycle Reconsidered: New Estimates of Gross NationalProduct, 1869-1918
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (7)
    See also Journal Article The Prewar Business Cycle Reconsidered: New Estimates of Gross National Product, 1869-1908, Journal of Political Economy, University of Chicago Press (1989) View citations (109) (1989)

Journal Articles

2010

1. 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 (1311)
   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

2. 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 (46)
   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)
3. Fiscal Policy and Economic Recovery
   Business Economics, 2009, 44, (3), 132-135 View citations (11)
4. Lecciones de la Gran Depresión para la recuperación económica en 2009
   Revista de Economía Institucional, 2009, 11, (21), 25-35
5. The Monetary Policy of the Federal Reserve: A History. By Robert L. Hetzel. Cambridge: Cambridge University Press, 2008. Pp. xvi, 390. $50
   The Journal of Economic History, 2009, 69, (1), 317-318

2008

6. The FOMC versus the Staff: Where Can Monetary Policymakers Add Value?
   American Economic Review, 2008, 98, (2), 230-35 View citations (133)
   See also Working Paper The FOMC versus the Staff: Where Can Monetary Policymakers Add Value?, NBER Working Papers (2008) View citations (133) (2008)

2006

7. Was the Federal Reserve Constrained by the Gold Standard During the Great Depression? Evidence from the 1932 Open Market Purchase Program
   The Journal of Economic History, 2006, 66, (1), 140-176 View citations (35)

2005

8. Commentary on \\"Origins of the Great Inflation\\"
   Review, 2005, 87, (Mar), 177-186 View citations (5)

2004

9. A New Measure of Monetary Shocks: Derivation and Implications
   American Economic Review, 2004, 94, (4), 1055-1084 View citations (1045)
   See also Working Paper A New Measure of Monetary Shocks: Derivation and Implications, NBER Working Papers (2003) View citations (15) (2003)
10. Choosing the Federal Reserve Chair: Lessons from History
    Journal of Economic Perspectives, 2004, 18, (1), 129-162 View citations (98)
    See also Working Paper Choosing the Federal Reserve Chair: Lessons from History, NBER Working Papers (2003) View citations (10) (2003)

2002

11. 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)
12. 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 (167) (2002)

2001

13. Discussion of Hacker, Ward, and White
    The Journal of Economic History, 2001, 61, (2), 507-512

2000

14. Correspondence
    Journal of Economic Perspectives, 2000, 14, (1), 223-228
15. Federal Reserve Information and the Behavior of Interest Rates
    American Economic Review, 2000, 90, (3), 429-457 View citations (738)

1999

16. Changes in Business Cycles: Evidence and Explanations
    Journal of Economic Perspectives, 1999, 13, (2), 23-44 View citations (92)
    See also Working Paper Changes in Business Cycles: Evidence and Explanations, NBER Working Papers (1999) View citations (97) (1999)
17. 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 (62)
    See also Working Paper Monetary Policy and the Well-Being of the Poor, NBER Working Papers (1998) View citations (103) (1998)
18. Why Did Prices Rise in the 1930s?
    The Journal of Economic History, 1999, 59, (1), 167-199 View citations (7)

1997

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

1994

20. Monetary policy matters
    Journal of Monetary Economics, 1994, 34, (1), 75-88 View citations (124)
21. Remeasuring Business Cycles
    The Journal of Economic History, 1994, 54, (3), 573-609 View citations (75)
    See also Working Paper Remeasuring Business Cycles, NBER Working Papers (1992) View citations (11) (1992)

1993

22. 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)
23. The Nation in Depression
    Journal of Economic Perspectives, 1993, 7, (2), 19-39 View citations (82)

1992

24. What Ended the Great Depression?
    The Journal of Economic History, 1992, 52, (4), 757-784 View citations (202)
    See also Working Paper What Ended the Great Depression?, NBER Working Papers (1991) View citations (20) (1991)

1990

25. A New Monthly Index of Industrial Production, 1884–1940
    The Journal of Economic History, 1990, 50, (2), 321-337 View citations (45)
    See also Working Paper A New Monthly Index of Industrial Production, 1884-1940, NBER Working Papers (1989) View citations (5) (1989)
26. New Evidence on the Monetary Transmission Mechanism
    Brookings Papers on Economic Activity, 1990, 21, (1), 149-214 View citations (235)
27. Reviving the Federal Statistical System: The View from Academia
    American Economic Review, 1990, 80, (2), 329-32 View citations (2)

1989

28. The Prewar Business Cycle Reconsidered: New Estimates of Gross National Product, 1869-1908
    Journal of Political Economy, 1989, 97, (1), 1-37 View citations (109)
    See also Working Paper The Prewar Business Cycle Reconsidered: New Estimates of Gross NationalProduct, 1869-1918, NBER Working Papers (1986) View citations (7) (1986)

1988

29. World War I and the postwar depression A reinterpretation based on alternative estimates of GNP
    Journal of Monetary Economics, 1988, 22, (1), 91-115 View citations (34)

1986

30. Is the Stabilization of the Postwar Economy a Figment of the Data?
    American Economic Review, 1986, 76, (3), 314-34 View citations (110)
31. New Estimates of Prewar Gross National Product and Unemployment
    The Journal of Economic History, 1986, 46, (2), 341-352 View citations (20)
32. Spurious Volatility in Historical Unemployment Data
    Journal of Political Economy, 1986, 94, (1), 1-37 View citations (98)
33. The Instability of the Prewar Economy Reconsidered: A Critical Examination of Historical Macroeconomic Data
    The Journal of Economic History, 1986, 46, (2), 494-496 View citations (2)
34. The Quest for Economic Stability: Roosevelt to Reagan. By Hugh S. Norton. Columbia: University of South Carolina Press, 1985. $19.95
    The Journal of Economic History, 1986, 46, (3), 877-878

Books

1997

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

Chapters

2013

1. Comment on "The Great Inflation: Did The Shadow Know Better?"
   A chapter in The Great Inflation: The Rebirth of Modern Central Banking, 2013, pp 107-116
2. It Takes a Regime Shift: Recent Developments in Japanese Monetary Policy through the Lens of the Great Depression
   A chapter in NBER Macroeconomics Annual 2013, Volume 28, 2013, pp 383-400 View citations (17)

1997

3. Institutions for Monetary Stability
   A chapter in Reducing Inflation: Motivation and Strategy, 1997, pp 307-334 View citations (20)
   See also Working Paper Institutions for Monetary Stability, National Bureau of Economic Research, Inc (1996) View citations (13) (1996)
4. Introduction to "Reducing Inflation: Motivation and Strategy"
   A chapter in Reducing Inflation: Motivation and Strategy, 1997, pp 1-12 View citations (11)

1994

5. Historical Perspectives on the Monetary Transmission Mechanism
   A chapter in Monetary Policy, 1994, pp 263-306 View citations (15)
   See also Working Paper Historical Perspectives on the Monetary Transmission Mechanism, National Bureau of Economic Research, Inc (1993) View citations (14) (1993)
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 (917)
   See also Working Paper Does Monetary Policy Matter? A New Test in the Spirit of Friedman and Schwartz, University of California at Berkeley (1989) View citations (759) (1989)