Details about David W. Wilcox

Access statistics for papers by David W. Wilcox.

Last updated 2019-02-13. Update your information in the RePEc Author Service.

Short-id: pwi165

Working Papers

2022

1. The case for a cautiously optimistic outlook for US inflation
   Policy Briefs, Peterson Institute for International Economics View citations (12)

2020

2. A program for strengthening the Federal Reserve's ability to fight the next recession
   Working Paper Series, Peterson Institute for International Economics
3. Trade surplus or deficit? Neither matters for changes in manufacturing employment shares
   Working Paper Series, Peterson Institute for International Economics

2019

4. Okun Revisited: Who Benefits Most from a Strong Economy
   Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (14)
5. The Opportunistic Approach to Disinflation
   Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (25)
   Also in Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (1996) View citations (41)
   See also Journal Article The Opportunistic Approach to Disinflation, International Finance, Wiley Blackwell (2002) View citations (153) (2002)
6. Who is Being Trained in Economics? A New Interactive Website for Exploring the Race, Ethnicity, and Gender of Economics Majors at U.S. Colleges and Universities
   FEDS Notes, Board of Governors of the Federal Reserve System (U.S.)

2017

7. The Unequal Distribution of Economic Education: A Report on the Race, Ethnicity, and Gender of Economics Majors at US Colleges and Universities
   Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.)

2013

8. Aggregate supply in the United States: recent developments and implications for the conduct of monetary policy
   Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (58)
   See also Journal Article Aggregate Supply in the United States: Recent Developments and Implications for the Conduct of Monetary Policy, IMF Economic Review, Palgrave Macmillan (2015) View citations (98) (2015)

2009

9. Should risky firms offer risk-free DB pensions?
   Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (2)

2007

10. Why Do Firms Offer Risky Defined Benefit Pension Plans?
    Department of Economics Working Papers, Department of Economics, Williams College View citations (5)
    Also in Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2007) View citations (5)
    See also Journal Article Why Do Firms Offer Risky Defined–Benefit Pension Plans?, National Tax Journal, National Tax Association (2007) View citations (4) (2007)

2003

11. A Quantitative Exploration of the Opportunistic Approach to Disinflation
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (11)
    Also in Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (1997) View citations (18)
    See also Journal Article A quantitative exploration of the opportunistic approach to disinflation, Journal of Monetary Economics, Elsevier (2006) View citations (54) (2006)

2001

12. Fiscal Policy and Social Security Policy During the 1990s
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)

1999

13. Quality Improvement in Health Care: A Framework for Price and Output Measurement
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (7)
    See also Journal Article Quality Improvement in Health Care: A Framework for Price and Output Measurement, American Economic Review, American Economic Association (1999) View citations (7) (1999)

1997

14. Alternative Strategies for Aggregating Prices in the CPI
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (31)
    See also Journal Article Alternative strategies for aggregating prices in the CPI, Review, Federal Reserve Bank of St. Louis (1997) View citations (19) (1997)
15. Interactions between the seasonal and business cycles in production and inventories
    Working Paper Series, Macroeconomic Issues, Federal Reserve Bank of Chicago View citations (34)
    See also Journal Article Interactions between the Seasonal and Business Cycles in Production and Inventories, American Economic Review, American Economic Association (1997) View citations (35) (1997)

1996

16. Generating Non-Standard Multivariate Distributions with an Application to Mismeasurement in the CPI
    NBER Technical Working Papers, National Bureau of Economic Research, Inc
17. Mismeasurement in the Consumer Price Index: An Evaluation
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (99)
    See also Chapter Mismeasurement in the Consumer Price Index: An Evaluation, NBER Chapters, National Bureau of Economic Research, Inc (1996) View citations (97) (1996)
18. STATISTICS UNDER THE SPOTLIGHT: IMPROVING THE CONSUMER PRICE INDEX
    Data, University Library of Munich, Germany

1995

19. A Comparison of Alternative Instruments Variables Estimators of a Dynamic Linear Model
    NBER Technical Working Papers, National Bureau of Economic Research, Inc View citations (2)
    Also in Macroeconomics, University Library of Munich, Germany (1994) View citations (1)
    Working papers, Wisconsin Madison - Social Systems (1994)
    See also Journal Article A Comparison of Alternative Instrumental Variables Estimators of a Dynamic Linear Model, Journal of Business & Economic Statistics, American Statistical Association (1996) View citations (23) (1996)
20. Do Firms Smooth the Seasonal in Production in a Boom? Theory and Evidence
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
21. Why Firms Smooth Seasonals in a Boom
    Working Papers, Ohio State University, Department of Economics View citations (3)

1994

22. Employee Decisions with Respect to 401(k) Plans: Evidence From Individual-Level Data
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (21)
23. Judging instrument relevance in instrumental variables estimation
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (20)
    See also Journal Article Judging Instrument Relevance in Instrumental Variables Estimation, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (1996) View citations (194) (1996)

1993

24. Some Evidence on Finite Sample Behavior of an Instrumental Variables Estimator of the Linear Quadtratic Inventory Model
    NBER Technical Working Papers, National Bureau of Economic Research, Inc View citations (11)
    Also in Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (1993) View citations (9)

1992

25. Monetary Policy and Credit Conditions: Evidence From the Composition of External Finance
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (26)
    Also in Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (1991) View citations (3)
    See also Journal Article Monetary Policy and Credit Conditions: Evidence from the Composition of External Finance, American Economic Review, American Economic Association (1993) View citations (866) (1993)
26. Production and inventory control at the General Motors Corporation during the 1920s and 1930s
    Working Paper Series, Macroeconomic Issues, Federal Reserve Bank of Chicago View citations (1)
    Also in Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (1990) View citations (1)
    See also Journal Article Production and Inventory Control at the General Motors Corporation during the 1920's and 1930's, American Economic Review, American Economic Association (1993) View citations (23) (1993)

1991

27. Does consumer sentiment affect household spending? If so why?
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (5)
    See also Software Item RATS code for Does Consumer Sentiment Forecast Household Spending? If So, Why?, QM&RBC Codes, Quantitative Macroeconomics & Real Business Cycles (1994) (1994)
    Journal Article Does Consumer Sentiment Forecast Household Spending? If So, Why?, American Economic Review, American Economic Association (1994) View citations (387) (1994)

1990

28. Income tax refunds and the timing of consumption expenditure
    Working Paper Series / Economic Activity Section, Board of Governors of the Federal Reserve System (U.S.) View citations (12)
29. What do we know about consumption?
    Working Paper Series / Economic Activity Section, Board of Governors of the Federal Reserve System (U.S.)

1987

30. Social security benefits, consumption expenditure, and the life cycle hypothesis
    Working Paper Series / Economic Activity Section, Board of Governors of the Federal Reserve System (U.S.)
    See also Journal Article Social Security Benefits, Consumption Expenditure, and the Life Cycle Hypothesis, Journal of Political Economy, University of Chicago Press (1989) View citations (90) (1989)
31. The substainability of government deficits: implications of the present- value borrowing constraint
    Working Paper Series / Economic Activity Section, Board of Governors of the Federal Reserve System (U.S.) View citations (2)
    See also Journal Article The Sustainability of Government Deficits: Implications of the Present-Value Borrowing Constraint, Journal of Money, Credit and Banking, Blackwell Publishing (1989) View citations (264) (1989)

Journal Articles

2015

1. Aggregate Supply in the United States: Recent Developments and Implications for the Conduct of Monetary Policy
   IMF Economic Review, 2015, 63, (1), 71-109 View citations (98)
   See also Working Paper Aggregate supply in the United States: recent developments and implications for the conduct of monetary policy, Finance and Economics Discussion Series (2013) View citations (58) (2013)

2011

2. The effect of regulation on optimal corporate pension risk
   Journal of Financial Economics, 2011, 101, (1), 18-35 View citations (14)

2009

3. Discounting State and Local Pension Liabilities
   American Economic Review, 2009, 99, (2), 538-42 View citations (73)

2007

4. Four images of Ned Gramlich
   Proceedings - Economic Policy Symposium - Jackson Hole, 2007, 253-255
5. Why Do Firms Offer Risky Defined–Benefit Pension Plans?
   National Tax Journal, 2007, 60, (3), 507-19 View citations (4)
   See also Working Paper Why Do Firms Offer Risky Defined Benefit Pension Plans?, Department of Economics Working Papers (2007) View citations (5) (2007)

2006

6. A quantitative exploration of the opportunistic approach to disinflation
   Journal of Monetary Economics, 2006, 53, (8), 1877-1893 View citations (54)
   See also Working Paper A Quantitative Exploration of the Opportunistic Approach to Disinflation, CEPR Discussion Papers (2003) View citations (11) (2003)
7. Reforming the Defined-Benefit Pension System
   Brookings Papers on Economic Activity, 2006, 37, (1), 235-304 View citations (18)

2002

8. The Opportunistic Approach to Disinflation
   International Finance, 2002, 5, (1), 47-71 View citations (153)
   See also Working Paper The Opportunistic Approach to Disinflation, Finance and Economics Discussion Series (2019) View citations (25) (2019)

1999

9. Quality Improvement in Health Care: A Framework for Price and Output Measurement
   American Economic Review, 1999, 89, (2), 333-337 View citations (7)
   See also Working Paper Quality Improvement in Health Care: A Framework for Price and Output Measurement, NBER Working Papers (1999) View citations (7) (1999)

1998

10. Policy Watch: The Introduction of Indexed Government Debt in the United States
    Journal of Economic Perspectives, 1998, 12, (1), 219-227 View citations (3)

1997

11. Alternative strategies for aggregating prices in the CPI
    Review, 1997, (May), 113-125 View citations (19)
    See also Working Paper Alternative Strategies for Aggregating Prices in the CPI, NBER Working Papers (1997) View citations (31) (1997)
12. Econometric models and the monetary policy process
    Carnegie-Rochester Conference Series on Public Policy, 1997, 47, (1), 1-37 View citations (66)
13. Interactions between the Seasonal and Business Cycles in Production and Inventories
    American Economic Review, 1997, 87, (5), 884-92 View citations (35)
    See also Working Paper Interactions between the seasonal and business cycles in production and inventories, Working Paper Series, Macroeconomic Issues (1997) View citations (34) (1997)

1996

14. A Comparison of Alternative Instrumental Variables Estimators of a Dynamic Linear Model
    Journal of Business & Economic Statistics, 1996, 14, (3), 281-93 View citations (23)
    See also Working Paper A Comparison of Alternative Instruments Variables Estimators of a Dynamic Linear Model, NBER Technical Working Papers (1995) View citations (2) (1995)
15. Judging Instrument Relevance in Instrumental Variables Estimation
    International Economic Review, 1996, 37, (2), 283-98 View citations (194)
    See also Working Paper Judging instrument relevance in instrumental variables estimation, Finance and Economics Discussion Series (1994) View citations (20) (1994)
16. Monetary Policy and Credit Conditions: Evidence from the Composition of External Finance: Reply
    American Economic Review, 1996, 86, (1), 310-14 View citations (84)

1994

17. Does Consumer Sentiment Forecast Household Spending? If So, Why?
    American Economic Review, 1994, 84, (5), 1397-1408 View citations (387)
    See also Software Item RATS code for Does Consumer Sentiment Forecast Household Spending? If So, Why?, QM&RBC Codes (1994) (1994)
    Working Paper Does consumer sentiment affect household spending? If so why?, Finance and Economics Discussion Series (1991) View citations (5) (1991)
18. Estimation and inference in the linear-quadratic inventory model
    Journal of Economic Dynamics and Control, 1994, 18, (3-4), 897-908 View citations (11)

1993

19. Monetary Policy and Credit Conditions: Evidence from the Composition of External Finance
    American Economic Review, 1993, 83, (1), 78-98 View citations (866)
    See also Working Paper Monetary Policy and Credit Conditions: Evidence From the Composition of External Finance, NBER Working Papers (1992) View citations (26) (1992)
20. Production and Inventory Control at the General Motors Corporation during the 1920's and 1930's
    American Economic Review, 1993, 83, (3), 383-401 View citations (23)
    See also Working Paper Production and inventory control at the General Motors Corporation during the 1920s and 1930s, Working Paper Series, Macroeconomic Issues (1992) View citations (1) (1992)
21. The Welfare Gain from the Introduction of Indexed Bonds: Comment
    Journal of Money, Credit and Banking, 1993, 25, (3), 632-35
22. The effect of sampling error on the time series behavior of consumption data
    Journal of Econometrics, 1993, 55, (1-2), 235-265 View citations (10)

1992

23. The Construction of U.S. Consumption Data: Some Facts and Their Implications for Empirical Work
    American Economic Review, 1992, 82, (4), 922-41 View citations (70)

1991

24. Household spending and saving: measurement, trends, and analysis
    Federal Reserve Bulletin, 1991, (Jan), 1-17 View citations (4)

1989

25. Seasonal Fluctuations and the Life Cycle-Permanent Income Model of Consumption: A Correction
    Journal of Political Economy, 1989, 97, (4), 988-91 View citations (2)
26. Social Security Benefits, Consumption Expenditure, and the Life Cycle Hypothesis
    Journal of Political Economy, 1989, 97, (2), 288-304 View citations (90)
    See also Working Paper Social security benefits, consumption expenditure, and the life cycle hypothesis, Working Paper Series / Economic Activity Section (1987) (1987)
27. The Sustainability of Government Deficits: Implications of the Present-Value Borrowing Constraint
    Journal of Money, Credit and Banking, 1989, 21, (3), 291-306 View citations (264)
    See also Working Paper The substainability of government deficits: implications of the present- value borrowing constraint, Working Paper Series / Economic Activity Section (1987) View citations (2) (1987)

Chapters

2009

1. Comment on "Reducing the Risk of Investment-Based Social Security Reform"
   A chapter in Social Security Policy in a Changing Environment, 2009, pp 218-227

2005

2. Discussion of 'What Caused the Decline in US Business Cycle Volatility?'
   A chapter in The Changing Nature of the Business Cycle, 2005

2001

3. Measuring the value of Cataract Surgery
   A chapter in Medical Care Output and Productivity, 2001, pp 411-438 View citations (32)

1996

4. Mismeasurement in the Consumer Price Index: An Evaluation
   A chapter in NBER Macroeconomics Annual 1996, Volume 11, 1996, pp 93-154 View citations (97)
   See also Working Paper Mismeasurement in the Consumer Price Index: An Evaluation, National Bureau of Economic Research, Inc (1996) View citations (99) (1996)

Software Items

1994

1. RATS code for Does Consumer Sentiment Forecast Household Spending? If So, Why?
   QM&RBC Codes, Quantitative Macroeconomics & Real Business Cycles
   See also Journal Article Does Consumer Sentiment Forecast Household Spending? If So, Why?, American Economic Review, American Economic Association (1994) View citations (387) (1994)
   Working Paper Does consumer sentiment affect household spending? If so why?, Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (1991) View citations (5) (1991)