Unconventional Monetary Policy and Policy Foresight, (with Andreas-Entony Violaris, Wayfair), Journal of Economic Dynamics and Control, Volume 164, July 2024, 104882. [Working Paper]
The Impact of Monetary Policy Shocks - Do not rule out Central Bank Information Effects or Economic News, (with Italo Santos Morais, Boise State), Economics Letters, Volume 237, April 2024, 111634. [Working Paper]
Government Spending between Active and Passive Monetary Policy: An Invariance Result, (with Collin Philipps, Air Force Academy), The B.E. Journal of Macroeconomics, vol. 24, no. 1, 2024, pp. 561-590. [Working Paper]
Does the Government Spending Multiplier depend on the Business Cycle? (with Collin Philipps, Air Force Academy), Journal of Money, Credit and Banking, Early Access. [Working Paper]
Government Spending and Heterogeneous Consumption Dynamics, Journal of Economic Dynamics and Control, Volume 114, May 2020, 103868. [Working Paper]
Abstract: The COVID-19 pandemic has created an unprecedented economic environment marked by extensive disruptions in global supply chains and soaring inflation rates. This paper studies the impact of these supply chain disruptions on consumer price inflation and examines how the effect varies across time and countries. Our results reveal that a global supply chain shock significantly raises consumer price inflation in the U.S., the Euro Area, the U.K., and Canada. These dynamic responses are consistently positive, even before the pandemic, and vary between 15 and 40 basis points in all four countries/areas depending on the state of the economy. Furthermore, global supply chain shocks are meaningful drivers of consumer price inflation, accounting for 10-20 percent of the variation in consumer price inflation over a two-year horizon.
Signal Processing Monetary Policy Surprises, with Italo Santos (Boise State)
Understanding Fiscal Policy Shocks: It’s in the Size as Well, with Xiaxiao Bai (Mississippi State) and Ken Rich (University of Mississippi)