Benjamin D. Keen, Ph.D.
Associate Professor of Economics
University o f Oklahoma
Associate Professor of Economics
University o f Oklahoma
Benjamin Keen is an Associate Professor of Economics at the University of Oklahoma (OU). His research focuses on macroeconomics, monetary policy, and computational modeling. He builds dynamic stochastic general equilibrium (DSGE) models to study the theoretical effects of key macroeconomic issues, including price and wage setting, imperfect information in monetary policy, forward guidance, the zero lower bound on nominal interest rates, disaster shocks, and energy price shocks. Dr. Keen’s research has been published in leading journals such as the Journal of Monetary Economics, Review of Economic Dynamics, and the Journal of Money, Credit and Banking. He has also served as a visiting scholar at the Federal Reserve Bank of Dallas, the Federal Reserve Bank of St. Louis, and the Bank of Finland. At OU, he teaches intermediate macroeconomics, money and banking, and graduate-level dynamic macroeconomic theory.
Education:
Ph.D., Economics, University of Virginia, 2002
M.A., Economics, Miami University, 1994
B.S., Economics, Miami University, 1993
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.