Research

Publications

Avoiding Unintentionally Correlated Shocks in Proxy Vector Autoregressions with Martin Bruns and Helmut Lütkepohl, forthcoming, Journal of Business & Economic Statistics.

US Fiscal Policy Shocks: Proxy-SVAR Overidentification via GMM with Allan W. Gregory and Gregor W. Smith, (2024) Journal of Applied Econometrics, 39, 4. Online appendix 

Using Functional Shocks to Assess Conventional and Unconventional Monetary Policy in Canada with Thorsten V. Koeppl and Jeremy M. Kronick, (2024) Canadian Journal of Economics, 57, 4.

Modeling interest rate setting at the European Central Bank with bargaining models and counterfactuals, (2024) Empirical Economics, 66, 3.

The All-Gap Phillips Curve with Gregor W. Smith (2023) Oxford Bulletin of Economics and Statistics, 85, 2.

Monetary policy and the term structure of inflation expectations with information frictions (2023) Journal of Economic Dynamics & Control, 146, 104588. Online appendix.

Current research

The term structure of interest rates in a noisy information model, with Raphaelle G. Coulombe

The relative Penn effect, with Michael B. Devereux and Gregor W. Smith

The effects of temporary and permanent monetary policy shocks in the United States, 1979-2019 

Estimation of impulse response functions with term structure local projections