"Global Indeterminacy in Locally Determinate RBC Models"
with Tarek Coury
FORTHCOMING: International Journal of Economic Theory
Abstract | Full Text (PDF)
"A Note on Oil Dependence and Economic Instability"
with Luís Aguiar-Conraria
FORTHCOMING: Macroeconomic Dynamics
Abstract | Full Text (PDF)
Previous version (November 2006)
"Imperfect Competition and Indeterminacy of Aggregate Output"
with Pengfei Wang
FORTHCOMING: Journal of Economic Theory
Abstract | Full Text (PDF)
"Inflation Dynamics: A Cross-Country Investigation"
with Pengfei Wang
Journal of Monetary Economics, October 2007, 54(7), pp. 2004-31.
"Production and Inventory Behavior of Capital"
Annals of Economics and Finance, May 2007, 8(1), pp. 87-104.
"Uniform Working Hours and Structural Unemployment"
with Haoming Liu and Lijing Zhu
Annals of Economics and Finance, May 2007, 8(1), pp. 113-36.
"Measuring Interest Rates as Determined by Thrift and Productivity"
with Woon Gyu Choi
Annals of Economics and Finance, May 2007, 8(1), pp. 159-87.
"Understanding the Large Negative Impact of Oil Shocks"
with Luís Aguiar-Conraria
Journal of Money, Credit, and Banking, June 2007, 39(4), pp. 925-44.
"What's Unique About the Federal Funds Rate? Evidence From a Spectral Perspective"
with Lucio Sarno and Daniel L. Thornton
Oxford Bulletin of Economics and Statistics, April 2007, 69(2), pp. 293-319.
"By Force of Demand: Explaining International Comovements"
Journal of Economic Dynamics and Control, January 2007, 31(1), pp. 1-23.
"Another Look at Sticky Prices and Output Persistence"
with Pengfei Wang
Journal of Economic Dynamics and Control, December 2006, 30(12), pp. 2533-52.
"Demand Shocks and Economic Fluctuations"
Economics Letters, March 2006, 90(3), pp. 373-83.
"Understanding the Inventory Cycle"
Journal of Monetary Economics, November 2005, 52(8), pp. 1533-55.
"Endogenous Money or Sticky Prices? Comment on Monetary Non-Neutrality and Inflation Dynamics"
with Pengfei Wang
Journal of Economic Dynamics and Control, August 2005, 29(8), pp. 1361-83.
More Published Papers
2008-014B "Excessive Demand and Boom-Bust Cycles" - June 2008, Revised June 2008
with Patrick A. Pintus
Abstract | Full Text (PDF)
2008-008A "Input and Output Inventory Dynamics" - March 2008
Abstract | Full Text (PDF)
2007-033A "Incomplete Information and Self-fulfilling Prophecies" - August 2007
with Pengfei Wang
Abstract | Full Text (PDF)
2007-018B "A Defense of RBC: Understanding the Puzzling Effects of Technology Shocks" - April 2007, Revised June 2007
with Pengfei Wang
Abstract | Full Text (PDF)
2006-032B "Endogenous Volatility, Endogenous Growth, and Large Welfare Gains from Stabilization Policies" - May 2006, Revised August 2007
with Pengfei Wang
Abstract | Full Text (PDF)
Originally submitted as "Volatility, Growth, and Large Welfare Gains from Stabilization Policies"
2006-015A "Imperfect Competition and Sunspots" - March 2006
with Pengfei Wang
Abstract | Full Text (PDF)
More Working Papers
"Why Do Chinese Households Save So Much?"
with Luke M. Shimek
Federal Reserve Bank of St. Louis International Economic Trends, August 2008.
"Oil Shocks and Price Stability"
with Luke M. Shimek
Federal Reserve Bank of St. Louis Monetary Trends, December 2007.
"The U.S. Consumption Boom and Trade Deficit"
with Luke M. Shimek
Federal Reserve Bank of St. Louis National Economic Trends, October 2007.
"The Quantity Theory of Money"
Federal Reserve Bank of St. Louis Monetary Trends, November 2006.
"The Seasonal Cycle and the Business Cycle"
Federal Reserve Bank of St. Louis National Economic Trends, July 2006.
