Research
I focus on
empirical macroeconomics using time-series methods.
Journal
Publications (the links to the papers are generally working paper versions):
1. Why were changes in the federal funds rate smaller in the
1990s? Journal of Applied Econometrics, 19 (3), 339‑54, 2004, with
Richard Startz.
2. New
measures of the output gap based on the forward‑looking New Keynesian
Phillips Curve, with Charles Nelson, Journal
of Monetary Economics, 54(2), 498-511, 2007.
3. Trend-Cycle
Correlation, Drift Break and the Estimation of Trend and Cycle in Canadian GDP,
Canadian Journal of Economics, 40(2),
584-606, 2007.
4. Measuring the NAIRU with Reduced Uncertainty: A Multiple
Indicator-Common Component Approach, with Dick Startz, forthcoming in Review of Economics and Statistics,
90(4), 805-11, 2008.
5. Macroeconomic
Cycle and Stock Market’s Reaction to Monetary Policy, with Alex Kurov, Journal of Banking and Finance, 32, 2606-16, 2008.
6. Hours per
Capita and Productivity: Evidence from Correlated Unobserved Components Model.
Journal of Applied Econometrics, 24(1), 187-206, 2009.
Working papers:
1. Estimating Earnings Trend
using Unobserved Components Framework, with Alex Kurov, forthcoming in Economics Letters.
2. A Comparison of Business Cycle Regime Nowcasting
Performance between Real-time and Revised Data.
Other papers:
1. Foreign
Aid and Export performance: A Panel Data Analysis of Developing Countries (with
Jonathan Munemo and Subhayu Bandyopadhyay), in Theory and Practice of Foreign
Aid, (edited by Sajal Lahiri), Elsevier Science, 2007.
Research
Links: