"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 version]
The Response of Term Rates to Monetary Policy Uncertainty,
with Oscar Jorda, Review of Economic Dynamics 6 (2003) pp.
941-962.
[PDF version]
Macroeconomic Priorities and Crash States, Economics
Letters 94 (2007) pp. 64-70. [PDF
version]
Time Varying Uncertainty and the Credit Channel, with
Victor Dorofeenko and Gabriel Lee, Bulletin of Economic Research
forthcoming. [PDF version]
Taking the Monetary Implications of a Monetary Model
Seriously, with Kristin van Gaasbeck, Economics Bulletin,
October 2007. [PDF version]