Publications:
"Information, Animal Spirits, and the Meaning of Innovations in Consumer Confidence" with Bob Barsky, pdf, forthcoming July 2012, American Economic Review
"News Shocks and Business Cycles" with Bob Barsky, April 2011, pdf, Journal of Monetary Economics 58(3), 273-289. Link to published version: link
"Confidence and the Transmission of Government Spending Shocks" with Ruediger Bachmann, April 2012, pdf, Journal of Monetary Economics 59(3), 235-249. Link to published version: link
"Taylor Rules and Technology Shocks" July 2012, pdf, Economics Letters 116(1), 92-95. Link to published version: link
Working Papers:
"News, Non-Invertibility, and Structural VARs" April 2012, pdf, revised and resubmitted, Advances in Econometrics
"Uncertainty and Economic Activity: Evidence from Business Survey Data" with Ruediger Bachmann and Steffen Elstner, August 2011, pdf (also NBER WP #16143), revise and resubmit, American Economic Journal: Macroeconomics
"Reallocation and the Changing Nature of Economic Fluctuations" November 2011, with Mike Pries and Julio Garin, pdf, submitted
"Inflation Expectations and Readiness to Spend: Cross-Sectional Evidence" with Rudi Bachman and Tim Berg, March 2012, pdf
"Permanent and Transitory Technology Shocks and the Behavior of Hours: A Challenge for DSGE Models" August 2011, pdf
"The Effects of Real Gasoline Prices on Automobile Demand: A Structural Analysis Using Micro Data" with Lutz Kilian, April 2006 (awaiting data update) pdf
Works in Progress:
"Testing for Bubbles in the US Housing Market" with Bob Flood and Julio Garin
"Pitfalls in Estimating Taylor Rules"
Older, Superseded Working Papers
"Expectations Driven Business Cycles: An Empirical Exploration" pdf
"News Shocks" with Bob Barsky, pdf
The results of these two papers have been combined into one paper, "News Shocks and Business Cycles", linked above
"Identification and Estimation of Interest Rate Rules in the New Keynesian Model" pdf
The results for this paper are being subsumed into a new paper that is in progress, "Pitfalls in Estimating Taylor Rules"
Other:
My IDEAS page: link
Discussion of Blanchard, L'Hullier, and Lorenzoni "News, Noise, and Fluctuations: An Empirical Exploration" for the summer 2009 NBER EF&G Meeting: pdf
Media coverage of uncertainty paper: The Atlantic, WSJ Blog, ND News
"Information, Animal Spirits, and the Meaning of Innovations in Consumer Confidence" with Bob Barsky, pdf, forthcoming July 2012, American Economic Review
"News Shocks and Business Cycles" with Bob Barsky, April 2011, pdf, Journal of Monetary Economics 58(3), 273-289. Link to published version: link
"Confidence and the Transmission of Government Spending Shocks" with Ruediger Bachmann, April 2012, pdf, Journal of Monetary Economics 59(3), 235-249. Link to published version: link
"Taylor Rules and Technology Shocks" July 2012, pdf, Economics Letters 116(1), 92-95. Link to published version: link
Working Papers:
"News, Non-Invertibility, and Structural VARs" April 2012, pdf, revised and resubmitted, Advances in Econometrics
"Uncertainty and Economic Activity: Evidence from Business Survey Data" with Ruediger Bachmann and Steffen Elstner, August 2011, pdf (also NBER WP #16143), revise and resubmit, American Economic Journal: Macroeconomics
"Reallocation and the Changing Nature of Economic Fluctuations" November 2011, with Mike Pries and Julio Garin, pdf, submitted
"Inflation Expectations and Readiness to Spend: Cross-Sectional Evidence" with Rudi Bachman and Tim Berg, March 2012, pdf
"Permanent and Transitory Technology Shocks and the Behavior of Hours: A Challenge for DSGE Models" August 2011, pdf
"The Effects of Real Gasoline Prices on Automobile Demand: A Structural Analysis Using Micro Data" with Lutz Kilian, April 2006 (awaiting data update) pdf
Works in Progress:
"Testing for Bubbles in the US Housing Market" with Bob Flood and Julio Garin
"Pitfalls in Estimating Taylor Rules"
Older, Superseded Working Papers
"Expectations Driven Business Cycles: An Empirical Exploration" pdf
"News Shocks" with Bob Barsky, pdf
The results of these two papers have been combined into one paper, "News Shocks and Business Cycles", linked above
"Identification and Estimation of Interest Rate Rules in the New Keynesian Model" pdf
The results for this paper are being subsumed into a new paper that is in progress, "Pitfalls in Estimating Taylor Rules"
Other:
My IDEAS page: link
Discussion of Blanchard, L'Hullier, and Lorenzoni "News, Noise, and Fluctuations: An Empirical Exploration" for the summer 2009 NBER EF&G Meeting: pdf
Media coverage of uncertainty paper: The Atlantic, WSJ Blog, ND News