Jón Steinsson -- Papers



WORKING PAPERS:

Crises and Recoveries in a Model of Consumption Disasters (with Robert Barro, Emi Nakamura and José Ursúa)

Appendix: Detailed Country Figures

Lost in Transit: Product Replacement Bias and Pricing to Market (with Emi Nakamura)

Appendix: Likelihood Derivation
Press: BusinessWeek (6/3/09), BusinessWeek (10/14/09)

Price Setting in Forward-Looking Customer Markets (with Emi Nakamura)

Appendix: Firm Price Commitments


PUBLISHED AND FORTHCOMING PAPERS:

Monetary Non-Neutrality in a Multi-Sector Menu Cost Model (with Emi Nakamura)

Quarterly Journal of Economics, forthcoming.
Matlab Programs: Code -- Documentation

Five Facts About Prices: A Reevaluation of Menu Cost Models (with Emi Nakamura)

Quarterly Journal of Economics, 123(4), 1415-1464, November 2008.
Frequency of Price Change by ELI: ELI table (PDF) -- ELI table (Excel)
Supplementary material: More Facts About Prices
Tables in Excel: Tables from Paper (Excel) -- Tables from Supplement (Excel)
Press: The Economist (11/9/06)

The Dynamic Behavior of the Real Exchange Rate in Sticky-Price Models

American Economic Review, 98(1), 519-533, March 2008.
Appendix: Derivation of the Model
Matlab Programs: Empirical Programs -- Theoretical Programs -- Documentation.

Optimal Monetary Policy in an Economy with Inflation Presistence

Journal of Monetary Economics 50(7), 1425-1456, October 2003.
Erratum


DISCUSSIONS:

Reset Price Inflation and the Impact of Monetary Policy Shocks, by Bils, Klenow and Malin, November 2008.

Sectoral Price Rigidity and Aggregate Dynamics, by Bouakez, Cardia and Ruge-Murcia, October 2009.