Publications

  1. Interest Rate Pegs in New Keynesian Models (with George Evans), Journal of Money, Credit and Banking, forthcoming.
  2. Learning about Education (with Patrick Emerson), Economic Inquiry, forthcoming.
  3. Heterogeneous Beliefs and Trading Inefficiencies (with William Branch), Journal of Economic Theory 163 (2016) 786–818
  4. Expectational Stability of Sunspot Equilibria in Non-convex Economies (with Qinglai Meng and Jianpo Xue), Journal of Economic Dynamics and Control, Vol. 37, 2013.
  5. Finite Horizon Learning (with William Branch and George Evans), in Macroeconomics at the Service of Public Policy, Oxford University Press, (2013).
  6. Adaptive Learning in Regime-Switching Models, (with William Branch and Troy Davig), Macroeconomic Dynamics, 17.05 998-1022, 2013.
  7. Business Cycle Amplification with Heterogeneous Expectations (with William Branch), Economic Theory, 47, Num 2 – 3, pp 395 – 422, June 2011
  8. Dynamic Predictor Selection in a New Keynesian Model with Heterogeneous Expectations (with William Branch), Journal of Economic Dynamics and Control, 34(8), pages 1492-1508, August, 2010
  9. Harvesting a Stochastic Renewable Resource under General Economic Conditions (with Chris Costello and Andrew Plantinga), BE-press Journal of Economic Analysis and Policy, Contributions, 9:56, 2009.
  10. Implementing Optimal Monetary Policy in New-Keynesian Models with Inertia (with George Evans), BE-Press Journal of Macroeconomics, Topics, 2010, Vol. 10: Iss. 1, Art. 5.
  11. Representations and Sunspot Stability (with George Evans), Macroeconomic Dynamics, 15, 2011.
  12. Monetary Policy, Endogenous Inattention, and the Volatility Tradeoff (with William Branch, John Carlson and George Evans), Economic Journal, 2009, vol. 119(534), pages 123-157.
  13. A New-Keynesian Model with Heterogeneous Expectations (with William Branch), Journal of Economic Dynamics and Control, May 2009, Volume 33, Issue 5, Pages 1036-1051.
  14. Monetary-Fiscal Policy Interactions under Implementable Monetary Policy Rules (with William Branch and Troy Davig) Journal of Money, Credit, and Banking, 2008, Volume 40 Issue 5, Pages 1095 – 1102.
  15. Replicator Dynamics in a Cobweb Model with Rationally Heterogeneous Expectations (with William Branch), Journal of Economic Behavior and Organization, 2008, vol. 65, issue 2, pages 224-244.
  16. Optimal Constrained Interest-rate Rules (with George Evans), Journal of Money, Credit, and Banking, 2007, Volume 39 Issue 6, Pages 1335 – 1356.
  17. Shocking Escapes, Economic Journal, 2006, 116, p. 507 – 528.
  18. Indeterminacy and the Stability Puzzle in Non-Convex Economies (with George Evans), Contributions to Macroeconomics, BE-Press,  2005, Vol. 5, Issue 1, Article 8.
  19. Using the Long Term Interest Rate as a Monetary Policy Instrument (with Glenn Rudebusch and John Wiliams), Journal of Monetary Economics, 2005 (52), p. 855 – 879.
  20. Monetary Policy and Stable Indeterminacy with Inertia (with George Evans), Economics Lettters, 2005, (87) pp 1 – 7.
  21. Monetary Policy, Indeterminacy, and Learning (with George Evans), Journal of Economic Dynamics and Control, 2005 (29) p. 1809 – 1840
  22. Stable Sunspot Solutions in Models with Predetermined Variables (with George Evans), Journal of Economic Dynamics and Control, 2005, (29) p. 601 – 625.
  23. Consistent Expectations and Misspecification in Stochastic Non-linear Economies (with William Branch), Journal of Economic Dynamics and Control, 2005, (29) p. 659 – 676.
  24. Multiple Equilibria in Heterogeneous Expectations Models (with William Branch), Contributions to Macroeconomics, BE-Press, 2004, Vol. 4, Issue 1, Article 12.
  25. The Dynamic Behavior of Efficient Timber Prices (with A. Plantinga and B. Provencher), Land Economics, Feb. 2004.
  26. Statistical Learning with Time-Varying Parameters, Macroeconomic Dynamics, Feb. 2003.