"On the following pages I submit to public
judgment
the result of 20 years of meditation. What a Copernicus succeeded in
explaining the relationships of worlds in space, that I believe I have
performed for the explanation of the relationships of men on earth."
(H. Gossen)
Research Interests: Macroeconomics, Monetary
Theory,
Asset Pricing Theory.
Curriculum Vitae
BGPE Readings Link
Representative Recent Papers:
Some Fiscal Implications of Monetary Policy, with
Harris
Dellas, Bulletin of Economic Research 55 (2003) pp. 21-36. [PDF]
The Response of Term Rates to Monetary Policy Uncertainty,
with Oscar Jorda, Review of Economic Dynamics 6 (2003) pp.
941-962.
[PDF]
Macroeconomic Priorities and Crash States, Economics
Letters 94 (2007) pp. 64-70. [PDF]
Time Varying Uncertainty and the Credit Channel, with
Victor Dorofeenko and Gabriel Lee, Bulletin of Economic Research
60 (2008) pp. 375-403. [PDF]
A New Algorithm for Solving Dynamic Stochastic
Macroeconomic Models, with
Victor Dorofeenko and Gabriel Lee, Journal of Economic Dynamics and
Control, forthcoming [PDF]