Professor Mark Gertler

Recent Publications and Working Papers

·Monetary Policy Surprises, Credit Costs and Economic Activity, with Peter Karadi, October 2013

·A Framework for Analyzing Large Scale Asset Purchases as a Monetary Policy Tool, with Peter Karadi, May 2012

·Banking, Liquidity and Bank Runs in an Infinite Horizon Economy, with Nobuhiro Kiyotaki, May 2013

·Financial Crises, Bank Risk Exposure and Government Financial Policy, with Nobuhiro Kiyotaki, and Albert Queralto, May 2011

 

·Financial Intermediation and Credit Policy in Business Cycle Analysis, with Nobu Kiyotaki, October 2009 (in preparation for the Handbook of Monetary Economics.)

Slides

·A Model of Unconventional Monetary Policy (Journal Version), with Peter Karadi, Journal of Monetary Economics January 2011

Working Paper

Slides

·Technology Innovation and Diffusion as Sources of Output and Asset Price Fluctuations, January 2009

Diego Comin and Ana Maria Santacreu (File size: 301k)

· An Estimated Monetary DSGE Model with Unemployment and Staggered Nominal Wage Bargaining. , Journal of Money Credit and Banking, forthcoming.

with Luca Sala and Antonella Trigari. (File size: 657k)

· Macroeconomic Modeling for Monetary Policy Evaluation. Journal of Economic Perspectives, Fall 2007.

with Jordi Gali. (File size: 145k)

· Unemployment Fluctuations with Staggered Nash Wage Bargaining. , Journal of Political Economy, forthcoming.

with Antonella Trigari (File size: 736k)

· Current Account Dynamics and Monetary Policy. , April 2008.

with Andrea Ferrero and Lars Svensson. (File size: 438k)

·A Phillips Curve with An Ss Foundation. Journal of Political Economy , June 2008.

with John Leahy. (File size: 566k)

·Medium Term Business Cycles . American Economic Review , June 2006.

with Diego Comin. (File size: 925k)

·External Constraints on Monetary Policy and the Financial Accelerator . Journal of Money Credit and Banking, February 2007.

with Simon Gilchrist and Fabio Massimo Natalucci. (File size: 404k)

·Markups, Gaps and the Welfare Costs of Business Fluctuations . Review of Economics and Statistics, 2007.

with Jordi Gali and David López-Salido. (File size: 350k)

·Discussion of Eggerston and Woodford: 'The Zero Bound on Interest Rates and Optimal Monetary Policy' . , Brookings Papers on Economic Activity 1: 2003 (Spring), pp.219-227.

(File size: 124k)

·Robustness of the Estimates of the Hybrid New Keynesian Phillips Curve . Journal of Monetary Economics, 2005.

with Jordi Gali and David López-Salido. (File size: 188k)

·A Simple Framework for International Monetary Policy Analysis . Journal of Monetary Economics, Volume 49, Issue 5 , July 2002, Pages 879-904.

with Richard Clarida and Jordi Gali. (File size: 224k)

·European Inflation Dynamics . European Economic Review, 45(7), June 2001, pp. 1237-1270.

with Jordi Gali and David López-Salido. (File size: 371k)

·Notes on Estimating the Closed Form of the Hybrid New Phillips Curve ., June 2001.

with Jordi Gali and David López-Salido. (File size: 332k)

·Should Central Banks Respond to Movements in Asset Prices? . American Economic Review Papers and Proceedings, 91 (2), May 2001, pp. 253-257.

with Ben Bernanke. (File size: 53k)

·Optimal Monetary Policy in Open Versus Closed Economies: An Integrated Approach . American Economic Review Papers and Proceedings, 91 (2), May 2001, pp. 248-252.

with Richard Clarida and Jordi Gali. (File size: 113k)

·Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory . Quarterly Journal of Economics, 115 (1), February 2000, pp. 147-180.

with Richard Clarida and Jordi Gali. (File size: 307k)

·Monetary Policy and Asset Price Volatility . Federal Reserve Bank of Kansas City Economic Review, Fourth Quarter 1999, pp. 17-51.

with Ben Bernanke. (File size: 311k)

· The Financial Accelerator in a Quantitative Business Cycle Framework, Handbook of Macroeconomics, 1999.

with Ben Bernanke and Simon Gilchrist (File size: 3,196k)

·The Science of Monetary Policy: A New Keynesian Perspective . Journal of Economic Literature, 37 (4), December 1999, pp. 1661-1707.

with Richard Clarida and Jordi Gali. (File size: 556k)

·Inflation Dynamics: A Structural Econometric Analysis . Journal of Monetary Economics, 44 (2), October 1999, pp.195-222.

with Jordi Gali. (File size: 219k)

·"Overreaction" of Asset Prices in General Equilibrium . Review of Economic Dynamics, 2 (1), January 1999, pp.3-35.

with Rao Aiyagari. (File size: 190k)

·  Monetary Policy Rules in Practice: Some International Evidence . European Economic Review, 42 (6), June 1998, pp. 1033-1067.

with Richard Clarida and Jordi Gali;. (File size: 1,556k)

·Agency Costs, Net Worth, and Business Fluctuations, The American Economic Review, Vol. 79, No. 1 (Mar., 1989), pp. 14-31

with Ben Bernanke. (File size: 1,556k)


[ Department of Economics (FAS) ]