What's New

October 2012

The almost final draft of my paper, "Financial Stress and Economic Dynamics: the transmission of crises" (with Kirstin Hubrich of the ECB) is now...finally... available here. Comments are greatly appreciated at the email address on the paper.

May 2010

I begin a one-year leave of absence from the Board of Governors to take up a position as Visiting Advisor to the Research Department at the International Monetary Fund. Some variety in professional life without even having to change metro stops.

January 2010

I begin a two-year term as the newly elected president of the Society for Computational Economics this month. I am gratified by the expression of confidence that the executive of the Society has shown in asking me to run and in the membership in electing me.

October 2009

My discussion of the chapter for the new Handbook of Monetary Economics by Lars Hansen and Tom Sargent entitled "Wanting Robustness to Misspecification" is available over here.

October 2009

My discussion of an agent-based computational economics (ACE) paper presented by Peter Howitt at a conference at the Federal Reserve Bank of Cleveland can be found here.

July 2009

My Comment on a very capable paper (even though I have reservations with it) by Bob Arnold of the CBO is published in the Federal Reserve Bank of St. Louis Review. The subject--the best way to measure and project potential output--is regarded by many economists as a dry one. Too bad it is so important. I encourage everyone to peruse the entire issue which is available here.

July 2009

My paper "Real-time model uncertainty in the United States: 'Robust' policies put to the test" has been revised and is now available.

December 2008

My paper "Inflation Targeting and Target Instability" has now been published in the December 2008 issue of the IJCB.

December 2008

My paper (with Peter von zur Muehlen), "Robustifying Learnability" has been published in JEDC 33(2) February 2009.