Robert H. Rasche

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Ph.D. Economics
University of Michigan

A.M. Economics
University of Michigan

B.A. Economics & Mathematics
Yale University

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Robert H. Rasche

Articles Published in Peer-Reviewed Journals

"Results of a Study of the Stability of Cointegrating Relations Comprised on Board Monetary Aggregates"
with J. B. Carlson, D. L. Hoffman and B. D. Keen
Journal of Monetary Economics, October 2000, 46(2), pp.345-83.

"Identification, Long-Run Relations and Fundamental Innovations in a Simple Cointegrated System"
with W. J. Crowder and D. L. Hoffman
Review of Economics and Statistics, February 1999, 81(1), pp. 109-21.

"Stochastic Trends and Economic Fluctuations in a Large Open Economy"
with S. B. Deloach
Journal of International Money and Finance, 1998, 17(4), pp.565-96.

"Assessing Forecast Performance in a Cointegrated System"
with D. Hoffman
Journal of Applied Econometrics, September/October, 1996, 11(5), pp. 495-517.

"Pitfalls in Counterfactual Analysis of Policy Rules"
Open Economies Review, July 1995, 6(3), pp.199-202.

"The Stability Long-run Money Demand in Five Industrial Countries"
with D. Hoffman and M. Tieslau
Journal of Monetary Economics, April 1995, 35(2), pp. 317-39.

"Sufficient Conditions for Expected Utility to Imply Mean-Standard Deviation Rankings: Empirical Evidence Concerning the Location and Scale Condition"
with J. Meyer
The Economic Journal, January, 1992, 102(410), pp. 91-106.

"Long-Run Income and Interest Elasticities of Money Demand in the United States"
with D. Hoffman
Review of Economics and Statistics, November, 1991, 73(4), pp. 665-74.

"P* type Models: Evaluation and Forecasts"
with R. A. Pecchenino
International Journal of Forecasting, October 1990, 6(3), pp 421-40.

"An Examination of the Commerce Department Leading-Indicator Approach"
with P. D. Koch
Journal of Business and Economic Statistics, April, 1988, 6(2), pp. 167-87.

"Monetary Policy and Financial Deregulation in the United States"
Kredit und Kapital, 1988, 21(3), pp. 451-68.

"Velocity and the Choice of Policy Regimes"
Cato Journal, Fall 1986, 6(2), pp. 663-66.

"Estimating Regional Cost Differences: Theory and Evidence"
with J. M. Johannes and P. D. Koch
Managerial and Decision Economics, June l985, 6(2), pp 70-79.

"The Incidence and Incentive Effects of Property Tax Credits: Evidence from Michigan"
with R. C. Fisher
Public Finance Quarterly, July, 1984, 12(3), pp. 291-319.

"Fair Value Versus Original Cost Rate Base Valuation During Inflation"
with W. J. Primeaux, Jr. and E. L. Bubnys
The Energy Journal, April 1984, 5(2), pp. 93-108.

"A New Look at the Relationship Between Time Series and Structural Econometric Models"
with R. G. Anderson and J. M. Johannes
Journal of Econometrics, October 1983, 23(2), pp. 234-51.

"What do Money Market Models Tell us About How to Implement Monetary Policy?"
with R. G. Anderson
Journal of Money, Credit and Banking, November 1982, 14(4), Part 2, pp. 796-828.

"Is the Federal Reserve's Monetary Control Policy Misdirected?"
with A. H. Meltzer, S. H. Axilrod, and P. D. Sternlight
Journal of Money, Credit and Banking, February 1982, 14(1), pp. 119-47.

"Can the Reserves Approach to Monetary Control Really Work?"
with J. M. Johannes
Journal of Money, Credit and Banking, August 1981, 13(3), pp. 298-313.

"Identification of the Lorenz Curve by Lorenz Coefficient"
with A. Y. C. Koo and N. Quan
Weltwirtschaftlickes Archiv, 1981, 117(1), pp. 125-35.

"Additional Information on Significance Values for Durbin's c+ and c Statistics"
with J. M. Johannes
Biometrika, 1980, 2, pp. 511-14.

"Functional Forms for the Lorenz Curve"
with J. Gaffney, A. Koo, and N. Obst
Econometrica, May 1980, 48(4), pp. 1061-62.

"Financing the Government Deficit"
Policy Studies Journal, September 1980.

"Federal Reserve Bank Membership, Effects on Bank Profits"
with R. A. Gilbert
Journal of Money, Credit and Banking, August 1980, 12(3), pp. 448-61.

"Comment on 'Analysis of the Impact of Capital Specific Policies or Legislation'"
Journal of Money, Credit and Banking, May 1980, 12(2), pp.425-28.

"Predicting the Money Multiplier"
with J. M. Johannes
Journal of Monetary Economics, July 1979, 5(3), pp. 301-25.

"Optimal Control and Short term Policy Decisions on Interest Rates and Monetary Aggregates"
Kredit und Kapital, 1979, 5.

"Costs of Reserves and the Relative Size of Member and Nonmember Bank Demand Deposits"
with C. Gambs
Journal of Money, Credit and Banking, November 1978, 4(4), pp. 715-33.

"Estimation of Cost Functions"
with G. L. Musgrave
Engineering Economist, Spring 1977, 22(3), pp. 175-86.

"Price Expectations and Interest Rates: Some Clarifying Comments"
with N. Obst
Journal of Money, Credit and Banking, February 1976.

"An Analysis of Private and Commercial Demand for Gasoline"
with J. Ramsey and B. T. Allen
Review of Economics and Statistics, November 1975, 57(4), pp. 502-07.

"On the Role of Expectations of Prices and Technological Change in an Investment Function"
with A. Ando, F. Modigliani, and S. Turnovsky
International Economic Review, June 1974.

"Alternative Stabilization Policies for 1966-1970"
Journal of Money, Credit and Banking, February 1973.

"Impact of the Stock Market on Private Demand"
American Economic Review, May 1972, 62(2), pp. 220-28.

"Eyeball: A Computer Program for Description of Style"
with D. Ross
Computers and the Humanities, March 1972.

"Subsidies, Economic Lives and Complete Resource Misallocation"
with P. Taubman
American Economic Review, December 1971, 61(5), pp. 938-45.

"Central Bank Policy, Interest Rates and the Money Supply"
with F. Modigliani and J. Phillip Cooper
Journal of Money, Credit and Banking, May 1970, 2(2), pp. 166-218.

"Economic and Tax Depreciation of Office Buildings"
with P. Taubman
National Tax Journal, September 1969, 22(3), pp. 334-46.

"The FRB - MIT Econometric Model: Its Special Features"
with H. T. Shapiro
American Economic Review, May 1968.

"Analysis of a New Nonnutritive Positive Reinforcer Based on Thirst"
with D. B. Hendry
Journal of Comparative and Physiological Psychology, 1961, pp. 477-83.