Selected Publications

Here are some publications notable in terms of citation count and/or rank of the journal outlet:

1. León-Ledesma, M., P. McAdam and A. Willman (2010) Identifying the aggregate elasticity of substitution with biased technical change, American Economic Review 100, 4, 1330-1357. 

2. Christopoulos, D., P. McAdam and E. Tzavalis (2021) Dealing with Endogeneity In Threshold Models using Copulas: An Illustration to the Foreign Trade Multiplier  Journal of Business and Economic Statistics, 39, 1, 166-178.

3. Monetary Policy, Market Power and SMEs (with Ferrando, Petroulakis, Vives), AEA Papers and Proceedings May, 2023, 113, 105-109.

4. McAdam, P. and A. Warne (2019) Euro Area Real-Time Density Forecasting with Financial or Labor Market Frictions, International Journal of Forecasting, 35, 2, 580-600. 

5. Klump, R., P. McAdam and A. Willman (2007) Factor Substitution and Factor Augmenting Technical Progress in the US: A Normalized Supply-Side System Approach, Review of Economics and Statistics, 89, 1, 183-192.

6. Cantore, C., M. A. León-Ledesma, P. McAdam and A. Willman (2014) Shocking Stuff: Technology, Hours and Factor Augmentation, Journal of the European Economic Association, 12, 1, 108-128

7. Christopoulos, D. and P. McAdam (2017) On the Persistence of Cross-Country Inequality Measures, Journal of Money, Credit and Banking, 49, 1, 255-266.

8. Levine, P., P. McAdam and J. Pearlman (2008) Quantifying and Sustaining Welfare Gains from Monetary Commitment, Journal of Monetary Economics, 32, 8, 2543-2583. 

9. Klump, R. and P. McAdam and A. Willman (2012) The normalized CES production function: Theory and empirics, Journal of Economic Surveys, 26, 5, 769-799.

10. Faria, J. R. and P. McAdam (2013) Anticipation of Future Consumption: A Monetary Perspective, Journal of Money, Credit and Banking, 45, 2-3, 423-447.

11. Levine, P., P. McAdam and J. Pearlman (2012) Probability Models and Robust Policy Rules, European Economic Review, 56, 2, 246-262.

12. McAdam, P. and A. Willman (2013) Technology, Utilization and Inflation: What Drives the New Keynesian Phillips Curve?, Journal of Money, Credit and Banking, 45, 8, 1547-1579.

13. McAdam, P. and A. Willman (2013) Medium Run Redux, Macroeconomic Dynamics. 17,  4, 695-727 

14. Coenen, G. P. McAdam and R. Straub (2008) Tax Reform and Labour-Market Performance: A Simulation-Based Analysis Using the New Area-Wide Model, Journal of Economic Dynamics and Control, 32, 8, 2543-2583.