The book isn’t out yet, but I can’t help myself… A revised draft of...
Academic Articles
I revised “Expectations and the neutrality of interest rates” and presented at the Hoover...
Expectations and the Neutrality of Interest Rates is a new paper. It’s an essay, really,...
This beautiful graph comes from calculatedriskblog.com. (Courtesy Andy Atkeson who used it in...
We often summarize that the fiscal theory is a theory of the price level:...
So if the Fed raises interest rates, how much and how soon will that...
So if the Fed raises interest rates, how much and how soon will that...
Fiscal Histories is a new paper, a second try at an essay on fiscal...
Fiscal Histories is a new paper, a second try at an essay on fiscal...
“Portfolios for long-term investors” is published, Review of Finance 26(1), 1-42. (2022). This standard link works...
