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Courses
Working Papers
Advanced Macroeconomics, 4th Edition, April 2011
Reprints
Selected Reprints of Older Papers
Data
Courses
Economics
134, Macroeconomic Policy from the Great Depression to the Great Recession, Spring 2011
Working Papers
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Short-Run Fluctuations. Expanded version incorporating the liquidity trap and credit market disruptions [PDF], January 2012.
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The Effects of Marginal Tax Rates: Evidence from the Interwar Era [PDF], March 2011.
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A Narrative Analysis of Interwar Tax Changes [PDF], March 2011.
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What
Have We Learned about Fiscal
Policy from the Crisis? [PDF], in
Olivier J. Blanchard, David Romer, A. Michael Spence, and Joseph E.
Stiglitz, eds., In the Wake of the Crisis: Leading Economists Speak Out
(Cambridge: MIT Press), forthcoming. September 2011.
Advanced Macroeconomics,
4th Edition, April 2011
Reprints
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A New Data Set on Monetary Policy: The Economic Forecasts of Individual
Members of the FOMC [PDF], Journal of Money, Credit, and
Banking, August 2010, final pre-publication version.
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The Macroeconomic Effects of Tax Changes:
Estimates Based on a New Measure of Fiscal
Shocks [PDF] , with Christina D. Romer,
American Economic Review, June 2010. Posted
with the permission of the American Economic
Association.
- A Narrative Analysis of Postwar Tax
Changes [PDF], with Christina D. Romer, online
appendix to "The Macroeconomic
Effects of Tax Changes: Estimates Based on a New Measure of
Fiscal Shocks." Posted on the American Economic Review
website (June 2010).
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Do Tax Cuts Starve the Beast?
The Effect of Tax Changes on Government
Spending [PDF], with Christina Romer, Brookings Papers on Economic Activity,
Spring 2009. Posted with the permission of Brookings Institution Press.
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The FOMC versus the Staff: Where Can
Monetary Policymakers Add Value? [PDF], with Christina D. Romer,
American Economic Review, May 2008. Posted with the permission of the
American Economic Association.
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Do Firms Maximize? Evidence from
Professional Football [PDF], Journal of Political Economy,
April 2006. Posted with the permission of the University of Chicago
Press. Expanded
version [PDF].
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A New Measure of Monetary Shocks:
Derivation and Implications [PDF], with Christina D. Romer,
American Economic Review, September 2004. Posted with the
permission of the American Economic Association.
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Choosing the Federal Reserve Chair:
Lessons from History [PDF], with Christina D. Romer, Journal of
Economic Perspectives, Winter 2004. Posted with the permission of the
American Economic Association.
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Inflation and the Informativeness of Prices [PDF],
with L. Ball, Journal of Money, Credit, and Banking,
April 2003. Posted with the permission of the Ohio State University
Press.
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Misconceptions and Political
Outcomes [PDF]. Economic Journal, January 2003. Posted with
the permission of Blackwell Publishing Ltd.
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The Evolution of Economic Understanding and Postwar
Stabilization Policy [PDF], with Christina D. Romer,
in Rethinking Stabilization Policy,
Federal Reserve Bank of Kansas City, 2002.
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A Rehabilitation of Monetary Policy in the
1950's [PDF], with Christina D. Romer, American Economic
Review, May 2002. Posted with the permission of the American Economic
Association.
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Federal Reserve Information and the Behavior
of Interest Rates [PDF], with Christina D. Romer,
American Economic Review,
June 2000. Posted with the permission of the
American Economic Association.
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Keynesian Macroeconomics without the LM
Curve [PDF], Journal of Economic Perspectives, Spring 2000.
Posted with the permission of the American Economic Association.
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Does Trade Cause Growth? [PDF], with
Jeffrey A. Frankel, American Economic Review, June 1999. Posted
with the permission of the American Economic Association.
Selected Reprints of Older Papers
- Does
Monetary Policy Matter? A New Test in the Spirit of
Friedman and Schwartz [PDF], with Christina D. Romer, NBER
Macroeconomics
Annual 1989. Posted with the permission of MIT Press.
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Real Rigidities and the Non-Neutrality of Money [Link to JSTOR],
with Laurence Ball, Review of Economic Studies, April 1990.
Requires JSTOR access.
- A
Contribution to the Empirics of Economic Growth [PDF], with N. Gregory
Mankiw and David N. Weil, Quarterly Journal of Economics, May
1992. Posted with the permission of MIT Press.
- Openness and Inflation:
Theory and Evidence [PDF], Quarterly Journal of
Economics, November 1993. Posted with the permission of MIT Press.
- The New
Keynesian Economics and the Output-Inflation Trade-off
[PDF], with Laurence Ball and N. Gregory Mankiw, Brookings
Papers on Economic Activity, 1988, No. 1, 1-65.
- What Ends
Recessions? [PDF], with Christina D. Romer, NBER Macroeconomics
Annual 1994. Posted with the permission of MIT Press.
- Rational
Asset-Price Movements without News [PDF], American Economic
Review, December 1993. Posted with the permission of the American
Economic
Association.
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