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Michael R. Pakko, Published Papers

"Inflation Risk and Optimal Monetary Policy"
with William T. Gavin and Benjamin D. Keen
Macroeconomic Dynamics, May 2009, 13(Supplement 1), pp. 58-75.

"No Smoking at the Slot Machines: The Effect of a Smoke-Free Law on Delaware Gaming Revenues"
Applied Economics, July 2008, 40(14), pp. 1769-74.

"Monetary Policy, Taxes and the Business Cycle"
with William T. Gavin and Finn E. Kydland
Journal of Monetary Economics, September 2007, 54(6), pp. 1587-1611.

"Smoke-free Law Did Affect Revenue From Gaming in Delaware"
Tobacco Control, February 2006, 15(1), pp. 68-9.

"Changing Technology Trends, Transition Dynamics and Growth Accounting"
Contributions to Macroeconomics, 2005, 5(1), Article 12.

"On The Information Content of Asymmetric FOMC Policy Statements: Evidence From A Taylor-Rule Perspective"
Economic Inquiry, July 2005, 43(3), pp. 558-69.

"A Spectral Analysis of the Cross-Country Consumption Correlation Puzzle"
Economics Letters, September 2004, 84(3), pp. 341-347.

"Substitution Elasticities and Investment Dynamics in Two-Country Business Cycle Models"
Topics in Macroeconomics, 2003, 3(1), Article 14.

"What Happens When the Technology Growth Trend Changes?: Transition Dynamics, Capital Growth and the 'New Economy'"
Review of Economic Dynamics, April 2002, 5(2). pp. 376-407.
Data Appendix

"The Cyclical Relationship Between Output and Prices: An Analysis in the Frequency Domain"
Journal of Money, Credit and Banking, August 2000, 32(3), pp. 382-99.

"Do High Interest Rates Stem Capital Outflows?"
Economic Letters, May 2000, 67(2), pp. 187-392.

"Characterizing Cross-Country Consumption Correlations"
Review of Economics and Statistics, February 1998, 80(1), pp. 169-74.

"International Risk Sharing and Low Cross-Country Consumption Correlations: Are They Really Inconsistent?"
Review of International Economics, August 1997, 5(3), pp. 386-400.


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