Ricardo Reis

Research

Ordered by publication status. Can see ordered by topic, with brief description.

Unpublished

• Correlated Disturbances and U.S. Business Cycles, with Vasco Curdia.
  This version: April 2009.

• Where to Inject Liquidity During a Financial Crisis?
  This version: still in progress (e-mail me for slides).

• Imperfect Information and Aggregate Supply, with N. Gregory Mankiw.
  This version: September 2009.

• A Dynamic Measure of Inflation
  This version: April 2009.

Published or forthcoming

• Interpreting the Unconventional U.S. Monetary Policy of 2007-09.
  Brookings Papers on Economic Activity, forthcoming.

• Dynamic Measures of Inflation.
  NBER Reporter, number 3, 2009.

• Relative Goods' Prices, Pure Inflation and the Phillips Correlation, with Mark W. Watson.
  American Economic Journal: Macroeconomics, forthcoming.

• Optimal Monetary Policy Rules in an Estimated Sticky-Information Model
  American Economic Journal: Macroeconomics, 1 (2), 1-28, 2009.

• A Sticky-Information General-Equilibrium Model for Policy Analysis.
  In: Monetary Policy under Uncertainty and Learning, edited by K. Schmidt-Heubel and C. Walsh, Central Bank of Chile: forthcoming.

• The Time-Series Properties of Aggregate Consumption: Implications for the Costs of Fluctuations
  Journal of the European Economic Association, 7 (4), 722-753, 2009.

• The Brevity and Violence of Contractions and Expansions, with Alisdair McKay.
  Journal of Monetary Economics, 55 (4), 738-751, 2008.

• Using VARs to Identify Models of Fiscal Policy: A Comment on Perotti.
  NBER Macroeconomics Annual 2007, 22, 227-236, 2008.

• Sticky Information in General Equilibrium, with N. Gregory Mankiw.
  Journal of the European Economic Association, 5 (2-3), 603-613, 2007.

• The Persistence of Inflation in the United States, with Frederic Pivetta.
  Journal of Economic Dynamics and Control, 31 (4), 1326-1358, 2007.

• The Analytics of Monetary Non-Neutrality in the Sidrauski Model.
  Economics Letters, 94 (1), 129-135, 2007.

• Inattentive Consumers.
  Journal of Monetary Economics, 53 (8), 1761-1800, 2006.

• Inattentive Producers.
  Review of Economic Studies, 73 (3), 793-821, 2006.

• Pervasive Stickiness, with N. Gregory Mankiw.
  American Economic Review, 96 (2), 164-169, 2006.

• Understanding the Greenspan Standard, with Alan S. Blinder.
  In: The Greenspan Era: Lessons for the Future, Jackson Hole: Federal Reserve Bank of Kansas City, 11-96 2005.

• Monetary Policy for Inattentive Economies, with Laurence Ball and N. Gregory Mankiw.
  Journal of Monetary Economics, 52 (4), 703-725, 2005.

• Disagreement about Inflation Expectations, with N. Gregory Mankiw and Justin Wolfers.
  NBER Macroeconomics Annual 2003, 18, 209-248, 2004.

• What Measure of Inflation Should a Central Bank Target? with N. Gregory Mankiw.
  Journal of the European Economic Association, 1 (5), 1058-1086, 2003.

• Where Is the Natural Rate? Rational Policy Mistakes and Persistent Deviations of Inflation from Target.
  Advances in Macroeconomics, 3 (1), article 1, 2003.
  - Winner of the Kenneth Arrow Prize for Junior Faculty for the best economics paper published in the B.E. Press in 2003.

• Sticky Information: A Model of Monetary Non-neutrality and Structural Slumps , with N. Gregory Mankiw.
  In: Knowledge, Information, and Expectations in Modern Macroeconomics: In Honor of Edmund S. Phelps, edited by P. Aghion, R. Frydman, J. Stiglitz and M. Woodford, Princeton: Princeton University Press, 64-86, 2003.

• Sticky Information Versus Sticky Prices: A Proposal to Replace the New Keynesian Phillips Curve, with N. Gregory Mankiw.
  Quarterly Journal of Economics, 117 (4), 1295-1328, 2002.

• Costs of banking system instability: some empirical evidence, with Glenn Hoggarth and Victoria Saporta.
  Journal of Banking and Finance, 26 (5), 825-855, 2002.

Older working papers, not intended for publication

• Measuring Changes in the Value of the Numeraire, with Mark W. Watson.
  May 2007.