Research Interests:
Macroeconomics, Monetary Economics, and Time Series Econometrics
Current Projects:
"Do Fluctuations in the Consumption-Wealth Ratio Predict Aggregate Stock Returns
in Real-Time?"
"International Evidence on Time Variation in a Forward-Looking Monetary Policy
Rule"
"A Time-Varying Parameter Model for a Forward-Looking Monetary Policy Rule
Based on a Real-Time Data" (with Chang-Jin Kim and Charles R. Nelson).
"VAR Estimation and Forecasting When Data are Subject to Revision" (with Evan F.
Koenig)
Selected Publications:
"Does Consumption Respond More to Housing Wealth than to Financial Market Wealth?
If So, Why?" Journal of Real Estate Finance and Economics, 35(4), November 2007: 427-48.
"The Success of the Fed and the Death of Monetarism," Economic Inquiry, 45(1), January 2007: 56-70 (with Levis A. Kochin).
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