Research Interests:
Monetary Economics, Macroeconomics, Applied Time Series Econometrics

Selected Publications:
“Modeling the Asymmetric Effects of an Oil Price Shock,” (with Lance J. Bachmeier), International Journal of Central Banking, 2023, 19(3) 1-47, (lead article).

“How Robust Are Popular Models of Nominal Frictions?” (with Evan F. Koenig), Journal of Money, Credit and Banking, 2018, 50(6), 1299-1342.

“Forward Guidance and the State of the Economy,” (with Alexander W. Richter and Nathan A. Throckmorton), Economic Inquiry, 2017, 55(4), 1593-1624, (lead article).
  
“Monetary Policy, the Tax Code and the Real Effects of Energy Shocks,” (with William T. Gavin and Finn E. Kydland), Review of Economic Dynamics, 2015, 18(3), 694-707.

“The Zero Lower Bound, the Dual Mandate, and Unconventional Dynamics,” (with William T. Gavin, Alexander W. Richter, and Nathan A. Throckmorton), Journal of Economic Dynamics & Control, 2015, 55, 14-38.
 
“Output, Inflation, and Interest Rates in an Estimated Optimizing Model of Monetary Policy,” Review of Economic Dynamics, 2009, 12(2), 327-343.
 
“Sticky Price and Sticky Information Price-Setting Models: What is the Difference?” Economic Inquiry, 2007, 45(4), 770-786.
 
“In Search of the Liquidity Effect in a Modern Monetary Model,” Journal of Monetary Economics, 2004, 51(7), 1467-1494.
 
“Results of a Study of Stability of Cointegrating Relations Comprised of Broad Monetary Aggregates,” (with John B. Carlson, Dennis L. Hoffman, and Robert H. Rasche), Journal of Monetary Economics, 2000, 46(2), 345-383.

Fall 2023 Class Schedule:
ECON 5163: Advanced Macroeconomic & Growth Theory, MW, 3:00-4:15pm
ECON 3133: Intermediate Macroeconomic Theory, MW, 4:30-5:45pm