Publications

  1. Unstable Inflation Targets -- with George W. Evans -- July 2016 -- forthcoming Journal of Money, Credit and Banking. Web Appendix.
  2. Heterogeneous Beliefs and Trading Inefficiencies -- with Bruce McGough -- May 2016 -- Journal of Economic Theory
  3. Financial Frictions, the Housing Market, and Unemployment -- with Nicolas Petrosky-Nadeau and Guillaume Rocheteau -- July 2015 -- forthcoming Journal of Economic Theory.
  4. Nowcasting and the Taylor Rule -- Journal of Money, Credit and Banking, 2014, 46, 5, 1035-1055.
  5. Bubbles, Crashes, and Risk -- with George W. Evans -- Economics Letters, 2013, 120, 2, 254-258.
  6. Finite Horizon Learning -- with George W. Evans and Bruce McGough -- 2012 -- in Macroeconomics at the Service of Public Policy, ed. T.J. Sargent and J. Vilmunen, Oxford University Press.
  7. Adaptive Learning in Regime-switching Models -- with Troy Davig and Bruce McGough -- Macroeconomic Dynamics, 2013, 17, 5, 998-1022.
  8. Learning about Risk and Return: A Simple Model of Bubbles and Crashes -- with George W. Evans -- American Economic Journal: Macroeconomics, 2011, 3, 3, 159-91.
  9. Business Cycle Amplification with Heterogeneous Expectations -- with Bruce McGough -- Economic Theory, 2011, 47, 2-3, 395-421.
  10. Monetary Policy and Heterogeneous Expectations -- with George W. Evans -- Economic Theory, 2011, 47, 2-3, 365-393.
  11. Dynamic Predictor Selection in a New Keynesian Model with Heterogeneous Expectations -- with Bruce McGough -- Journal of Economic Dynamics and Control, 2010, 34, 8, 1492-1504.
  12. Asset Return Dynamics and Learning -- with George W. Evans -- Review of Financial Studies, 2010, 23, 4, 1651-1680.
  13. A New Keynesian Model with Heterogeneous Expectations -- with Bruce McGough -- Journal of Economic Dynamics and Control, 2009, 33, 5, 1036-1051.
  14. Introduction to Special Issue on Complexity in Economics and Finance -- with Mikhail Anufriev -- Journal of Economic Dynamics and Control, 2009, 33, 5, 1019-1022.
  15. Monetary Policy, Endogeneous Inattention, and the Volatility Tradeoff -- with John Carlson, George W. Evans, and Bruce McGough -- Economic Journal, 2009, 119, 534, 123-157.
  16. Adaptive Learning, Endogenous Inattention, and Changes in Monetary Policy -- with John Carlson, George W. Evans, and Bruce McGough -- 2009, supplementary section to "Monetary Policy, Endogenous Inattention, and the Volatility Tradeoff."
  17. Monetary-Fiscal Policy Interactions under Implementable Monetary Policy Rules -- with Troy Davig and Bruce McGough -- Journal of Money, Credit and Banking, 2008, 40, 5, 1095-1102.
  18. Model Uncertainty and Endogenous Volatility -- with George W. Evans -- 2007, Review of Economic Dynamics, 10, 207-237.
  19. Sticky Information and Model Uncertainty in Survey Data on Inflation Expectations -- Journal of Economic Dynamics and Control, 2006, 31, 245-276.
  20. Restricted Perceptions Equilibria and Learning in Macroeconomics --  in Post-Walrasian Macroeconomics: Beyond the Dynamic, Stochastic General Equilibrium Model, ed. David Colander, 2006, Cambridge University Press.
  21. Intrinsic Heterogeneity in Expectation Formation -- with George W. Evans -- Journal of Economic Theory, 2006, 127, 264-295.
  22. Replicator Dynamics in a Cobweb Model with Rationally Heterogeneous Expectations -- with Bruce McGough -- Journal of Economic Behavior and Organization, 2008, 65, 224-244.
  23. A Simple Recursive Forecasting Model -- with George W. Evans -- Economics Letters, 2006, 92, 2.
  24. Multiple Equilibria in Heterogeneous Expectations Models -- with Bruce McGough -- Contributions to Macroeconomics, 2004, 4, 1, 1-14.
  25. Consistent Expectations and Misspecification in Stochastic Non-linear Economies -- with Bruce McGough -- Journal of Economic Dynamics and Control, 2005, 29, 659-676.
  26. The Theory of Rationally Heterogeneous Expectations: Evidence from Survey Data on Inflation Expectations -- Economic Journal, 2004, 114, 592-621. Open-access version
  27. Local Convergence Properties of a Cobweb Model with Rationally Heterogeneous Expectations -- Journal of Economic Dynamics and Control, 2002, 27, 63-85.