"Global Indeterminacy in Locally Determinate RBC Models"
with Tarek Coury
FORTHCOMING: International Journal of Economic Theory
Abstract | Full Text (PDF)
"Uniform Working Hours and Structural Unemployment"
with Haoming Liu and Lijing Zhu
FORTHCOMING: Annals of Economics and Finance
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.
"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
2008-008A "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)
2006-003C "Solving Linear Difference Systems with Lagged Expectations by a Method of Undetermined Coefficients" - January 2006, Revised May 2006
with Pengfei Wang
Abstract | Full Text (PDF) | Matlab Programs
More Working Papers
