Publications:

 

Learning about Risk and Return: A Simple Model of Bubbles and Crashes – forthcoming American Economic Journal: Macroeconomics.  This version (with Web Appendix): August 2010 (with George W. Evans)

Business Cycle Amplification with Heterogeneous Expectations – forthcoming Economic Theory.  This version: March 2010 (with Bruce McGough)

Monetary Policy and Heterogeneous Expectations – forthcoming Economic Theory.  This version: May 2010 (with George W. Evans)

Dynamic Predictor Selection in a New Keynesian Model with Heterogeneous Expectations – forthcoming Journal of Economic Dynamics and Control.  This version: February 2010 (with Bruce McGough)

Asset Return Dynamics and Learning – forthcoming Review of Financial Studies.  This version: June 2009 (with George W. Evans)

A New Keynesian Model with Heterogeneous ExpectationsJournal of Economic Dynamics and Control, May 2009.  This version: August 2008

Monetary Policy, Endogenous Inattention, and the Volatility Trade-offEconomic Journal, January 2009 .  This Version: May 2007 (with John Carlson, George W. Evans, and Bruce McGough)

Monetary-Fiscal Policy Interactions under Implementable Monetary Policy Rules – forthcoming Journal of Money, Credit, and Banking, December 2007 (with Troy Davig and Bruce McGough)

Model Uncertainty and Endogenous VolatilityReview of Economic Dynamics, April 2007, 10, 207-237.  This Version: October 2006 (with George W. Evans).  Version with longer Appendix:  here

Restricted Perceptions Equilibria and Learning in Macroeconomics –in Post Walrasian Macroeconomics: Beyond the Dynamic Stochastic General Equilibrium Model, ed. David Colander, Cambridge University Press.  March 2004

Sticky Information and Model Uncertainty in Survey Data on Inflation ExpectationsJournal of Economic Dynamics and Control, January 2007, 31, 1, 245-276.

Replicator Dynamics in a Cobweb Model with Rationally Heterogeneous Expectations –forthcoming Journal of Economic Behavior and Organization.   This version: June 2005 (with Bruce McGough).  Matlab programs used to generate figures are available here

A Simple Recursive Forecasting ModelEconomics Letters, 91, 2, May 2006  (with George W. Evans)

Intrinsic Heterogeneity in Expectation FormationJournal of Economic Theory,  March 2006, 127, 1, 264-295 (with George W. Evans)

Multiple Equilibria in Heterogeneous Expectations Models  Contributions in Macroeconomics,  vol. 4, 1, 12 (with Bruce McGough).  Also, see bepress version.

The Theory of Rationally Heterogeneous Expectations: Evidence from Survey Data on Inflation Expectations, Economic Journal, July 2004.

Consistent Expectations and Misspecification in Stochastic Non-linear EconomiesJournal of Economic Dynamics and Control,  April 2005, 29, 659-676 (with Bruce McGough)

Local Convergence Properties of a Cobweb Model with Rationally Heterogeneous ExpectationsJournal of Economic Dynamics and Control, November 2002, 27, 1, 64-85.

 

 

 

 

 

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