Research Interests:
Monetary Economics, Macroeconomics, Applied Time Series Econometrics

Selected Publications:
“Output, Inflation, and Interest Rates in an Estimated Optimizing Model of Monetary Policy,” Review of Economic Dynamics, forthcoming.
  
“Inflation Risk and Optimal Monetary Policy,” Macroeconomic Dynamics, forthcoming, (with William T. Gavin and Michael R. Pakko).
   
“Sticky Price and Sticky Information Price-Setting Models: What is the Difference?” Economic Inquiry, 2007, 45(4), pp. 770-786.
 
“In Search of the Liquidity Effect in a Modern Monetary Model,” Journal of Monetary Economics, 2004, 51(7), pp. 1467-1494.
 
“Results of a Study of Stability of Cointegrating Relations Comprised of Broad Monetary Aggregates,” Journal of Monetary Economics, 2000, 46(2), pp. 345-383, (with John B. Carlson, Dennis L. Hoffman, and Robert H. Rasche).

Fall 2008 Class Schedule:
ECON 5163 Advanced Macroeconomic and Growth Theory  Mon & Wed  1:30-2:45pm
ECON 3133 Intermediate Macroeconomic Theory  Mon & Wed  3:00-4:15pm