Peter N. Ireland

Boston College - Department of Economics

140 Commonwealth Avenue

Chestnut Hill, MA 02467

United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

SCHOLARLY PAPERS

42

DOWNLOADS
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3,052

SSRN CITATIONS
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Top 1,492

in Total Papers Citations

230

CROSSREF CITATIONS

594

Scholarly Papers (42)

1.

The Monetary Transmission Mechanism

FRB of Boston Working Paper No. 06-1
Number of pages: 14 Posted: 04 Mar 2006
Peter N. Ireland
Boston College - Department of Economics
Downloads 1,436 (18,919)
Citation 11

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2.

Two Perspectives on Growth and Taxes

FRB Richmond Economic Quarterly, vol. 80, no. 1, Winter 1994, pp. 1-17
Number of pages: 17 Posted: 14 Nov 2012
Peter N. Ireland
Boston College - Department of Economics
Downloads 175 (237,552)

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Changes in the Federal Reserve's Inflation Target: Causes and Consequences

FRB of Boston Working Paper No. 05-13
Number of pages: 40 Posted: 05 Dec 2005
Peter N. Ireland
Boston College - Department of Economics
Downloads 102 (360,314)
Citation 15

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Changes in the Federal Reserve's Inflation Target: Causes and Consequences

NBER Working Paper No. w12492
Number of pages: 49 Posted: 04 Sep 2006 Last Revised: 19 Feb 2022
Peter N. Ireland
Boston College - Department of Economics
Downloads 36 (607,701)
Citation 40

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The Liquidity Trap, the Real Balance Effect, and the Friedman Rule

FRB Boston Working Paper No. 05-3
Number of pages: 43 Posted: 26 Jul 2005
Peter N. Ireland
Boston College - Department of Economics
Downloads 114 (333,556)
Citation 3

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The Liquidity Trap, the Real Balance Effect, and the Friedman Rule

International Economic Review, Vol. 46, No. 4, pp. 1271-1301, November 2005
Number of pages: 31 Posted: 08 Nov 2005
Peter N. Ireland
Boston College - Department of Economics
Downloads 19 (733,034)
Citation 2

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5.

Long-Term Interest Rates and Inflation: A Fisherian Approach

FRB Richmond Economic Quarterly, vol. 82, no. 1, Winter 1996, pp. 21-35
Number of pages: 15 Posted: 17 Nov 2012
Peter N. Ireland
Boston College - Department of Economics
Downloads 116 (327,706)

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Productivity and U.S. Macroeconomic Performance: Interpreting the Past and Predicting the Future with a Two-Sector Real Business Cycle Model

FRB of Boston Working Paper No. 06-10
Number of pages: 38 Posted: 18 Jul 2006
Peter N. Ireland and Scott D. Schuh
Boston College - Department of Economics and Federal Reserve Bank of Boston - Research Department
Downloads 87 (398,989)

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Productivity and U.S. Macroeconomic Performance: Interpreting the Past and Predicting the Future with a Two-Sector Real Business Cycle Model

NBER Working Paper No. w13532
Number of pages: 41 Posted: 24 Oct 2007 Last Revised: 24 Jun 2022
Peter N. Ireland and Scott D. Schuh
Boston College - Department of Economics and Federal Reserve Bank of Boston - Research Department
Downloads 22 (707,580)
Citation 2

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7.

Using the Permanent Income Hypothesis for Forecasting

FRB Richmond Economic Quarterly, vol. 81, no. 1, Winter 1995, pp. 49-63
Number of pages: 15 Posted: 15 Nov 2012
Peter N. Ireland
Boston College - Department of Economics
Downloads 96 (371,902)

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8.

Endogenous Financial Innovation and the Demand for Money

Journal of Money, Credit, and Banking, Vol. 27, No. 1, 1995, FRB Richmond Working Paper No. 92-3
Number of pages: 46 Posted: 07 Nov 2012
Peter N. Ireland
Boston College - Department of Economics
Downloads 94 (376,876)

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9.

A New Keynesian Perspective on the Great Recession

NBER Working Paper No. w16420
Number of pages: 37 Posted: 04 Oct 2010 Last Revised: 15 May 2022
Peter N. Ireland
Boston College - Department of Economics
Downloads 59 (487,067)
Citation 9

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10.

Technology Shocks in the New Keynesian Model

NBER Working Paper No. w10309
Number of pages: 42 Posted: 27 Feb 2004 Last Revised: 04 Mar 2022
Peter N. Ireland
Boston College - Department of Economics
Downloads 55 (502,914)
Citation 12

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11.

Money's Role in the Monetary Business Cycle

NBER Working Paper No. w8115
Number of pages: 34 Posted: 09 Feb 2001 Last Revised: 06 Mar 2022
Peter N. Ireland
Boston College - Department of Economics
Downloads 50 (524,421)
Citation 1

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12.

The Real Balance Effect

NBER Working Paper No. w8136
Number of pages: 49 Posted: 22 Feb 2001 Last Revised: 27 Mar 2022
Peter N. Ireland
Boston College - Department of Economics
Downloads 42 (562,224)

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13.

Financial Evolution and the Long-Run Behavior of Velocity: New Evidence from US Regional Data

FRB Richmond Economic Review, vol. 77, no. 6, November/December 1991, pp. 16-26
Number of pages: 11 Posted: 06 Nov 2012
Peter N. Ireland
Boston College - Department of Economics
Downloads 37 (588,335)

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14.

Irrational Expectations and Econometric Practice Discussion of Orphanides and Williams, 'Inflation Scares and Forecast-Based Monetary Policy'

FRB Atlanta Working Paper No. 2003-22
Number of pages: 9 Posted: 18 Feb 2015
Peter N. Ireland
Boston College - Department of Economics
Downloads 31 (623,320)
Citation 3

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15.

Sticky-Price Models of the Business Cycle: Specification and Stability

NBER Working Paper No. w7511
Number of pages: 35 Posted: 08 May 2000 Last Revised: 11 Jul 2022
Peter N. Ireland
Boston College - Department of Economics
Downloads 31 (623,320)
Citation 2

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16.

Expectations, Credibility, and Time-Consistent Monetary Policy

NBER Working Paper No. w7234
Number of pages: 44 Posted: 07 Feb 2000 Last Revised: 09 Apr 2022
Peter N. Ireland
Boston College - Department of Economics
Downloads 30 (629,666)

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17.

Endogenous Money or Sticky Prices?

NBER Working Paper No. w9390
Number of pages: 56 Posted: 14 Dec 2002 Last Revised: 28 Feb 2021
Peter N. Ireland
Boston College - Department of Economics
Downloads 29 (636,031)
Citation 4

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18.

On the Welfare Cost of Inflation and the Recent Behavior of Money Demand

NBER Working Paper No. w14098
Number of pages: 27 Posted: 22 Jun 2008 Last Revised: 09 Jan 2022
Peter N. Ireland
Boston College - Department of Economics
Downloads 28 (642,680)
Citation 9

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19.

Heterogeneity and Redistribution: By Monetary or Fiscal Means?

Number of pages: 9 Posted: 05 May 2005
Peter N. Ireland
Boston College - Department of Economics
Downloads 28 (642,680)

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20.

Implementing the Friedman Rule

NBER Working Paper No. w8821
Number of pages: 36 Posted: 08 Mar 2002 Last Revised: 10 Aug 2022
Peter N. Ireland
Boston College - Department of Economics
Downloads 26 (656,475)

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The Welfare Cost of Inflation in General Equilibrium

Federal Reserve Bank of Richmond Working Paper No. 94-4
Number of pages: 34 Posted: 13 Nov 2012
Michael Dotsey and Peter N. Ireland
Federal Reserve Bank of Philadelphia and Boston College - Department of Economics
Downloads 26 (675,325)
Citation 12

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The Welfare Cost of Inflation in General Equilibrium

Posted: 02 Oct 1999
Michael Dotsey and Peter N. Ireland
Federal Reserve Bank of Philadelphia and Boston College - Department of Economics

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22.

Monetary Policy, Bond Risk Premia, and the Economy

NBER Working Paper No. w21576
Number of pages: 57 Posted: 21 Sep 2015 Last Revised: 16 Jun 2022
Peter N. Ireland
Boston College - Department of Economics
Downloads 24 (670,997)

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23.

The Own-Price of Money and a New Channel of Monetary Transmission

NBER Working Paper No. w9341
Number of pages: 25 Posted: 17 Nov 2002 Last Revised: 11 Jul 2022
Michael T. Belongia and Peter N. Ireland
University of Mississippi - Department of Economics and Boston College - Department of Economics
Downloads 24 (670,997)
Citation 4

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24.

The Evolution of U.S. Monetary Policy: 2000 - 2007

NBER Working Paper No. w22693
Number of pages: 51 Posted: 03 Oct 2016 Last Revised: 04 Jul 2022
Michael T. Belongia and Peter N. Ireland
University of Mississippi - Department of Economics and Boston College - Department of Economics
Downloads 23 (678,434)
Citation 5

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25.

Money and Output: Friedman and Schwartz Revisited

NBER Working Paper No. w21796
Number of pages: 64 Posted: 14 Dec 2015 Last Revised: 23 Jul 2022
Michael T. Belongia and Peter N. Ireland
University of Mississippi - Department of Economics and Boston College - Department of Economics
Downloads 22 (686,251)
Citation 13

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26.

Interest Rates and Money in the Measurement of Monetary Policy

NBER Working Paper No. w20134
Number of pages: 43 Posted: 19 May 2014 Last Revised: 08 Jul 2022
Michael T. Belongia and Peter N. Ireland
University of Mississippi - Department of Economics and Boston College - Department of Economics
Downloads 18 (717,737)
Citation 13

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27.

Liquidity Effects and Transactions Technologies

Federal Reserve Bank of Richmond Working Paper No. 93-1
Number of pages: 38 Posted: 09 Nov 2012
Michael Dotsey and Peter N. Ireland
Federal Reserve Bank of Philadelphia and Boston College - Department of Economics
Downloads 18 (717,737)
Citation 2

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28.

Stochastic Growth in the United States and Euro Area

NBER Working Paper No. w16681
Number of pages: 35 Posted: 18 Jan 2011 Last Revised: 30 Jan 2022
Peter N. Ireland
Boston College - Department of Economics
Downloads 18 (717,737)
Citation 1

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29.

Forecasting the Effects of Reduced Defense Spending

FRB Richmond Economic Review, Vol. 78, No. 6, November/December 1992, pp. 3-11
Number of pages: 9 Posted: 07 Nov 2012
Peter N. Ireland and Chris Otrok
Boston College - Department of Economics and University of Missouri
Downloads 17 (726,059)

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30.

The Barnett Critique after Three Decades: A New Keynesian Analysis

NBER Working Paper No. w17885
Number of pages: 54 Posted: 02 Mar 2012 Last Revised: 16 May 2021
Michael T. Belongia and Peter N. Ireland
University of Mississippi - Department of Economics and Boston College - Department of Economics
Downloads 17 (726,059)
Citation 11

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31.

Circumventing the Zero Lower Bound with Monetary Policy Rules Based on Money

NBER Working Paper No. w23157
Number of pages: 48 Posted: 13 Feb 2017 Last Revised: 11 Apr 2021
Michael T. Belongia and Peter N. Ireland
University of Mississippi - Department of Economics and Boston College - Department of Economics
Downloads 16 (734,436)
Citation 6

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32.

Optimal Disinflationary Paths

Federal Reserve Bank of Richmond Working Paper No. 95-1
Number of pages: 37 Posted: 15 Nov 2012
Peter N. Ireland
Boston College - Department of Economics
Downloads 16 (734,436)
Citation 9

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33.

A Classical View of the Business Cycle

NBER Working Paper No. w26056
Number of pages: 47 Posted: 12 Mar 2020 Last Revised: 13 Mar 2022
Michael Belongia and Peter N. Ireland
University of Mississippi - Department of Economics and Boston College - Department of Economics
Downloads 13 (761,284)
Citation 1

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34.

Price Stability Under Long-Run Monetary Targeting

FRB Richmond Economic Quarterly, vol. 79, no. 1, Winter 1993, pp. 25-45
Number of pages: 21 Posted: 09 Nov 2012
Peter N. Ireland
Boston College - Department of Economics
Downloads 13 (761,284)

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Money and the Gain from Enduring Relationships in the Turnpike Model

Federal Reserve Bank of Richmond Working Paper No. 94-7
Number of pages: 35 Posted: 13 Nov 2012
Peter N. Ireland
Boston College - Department of Economics
Downloads 12 (799,064)
Citation 1

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Money and the Gain from Enduring Relationships in the Turnpike Model

Posted: 07 Sep 1999
Peter N. Ireland
Boston College - Department of Economics

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36.

Stopping Inflations, Big and Small

Federal Reserve Bank of Richmond Working Paper No. 96-1
Number of pages: 31 Posted: 17 Nov 2012
Peter N. Ireland
Boston College - Department of Economics
Downloads 11 (780,033)
Citation 3

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Customer Flows, Countercyclical Markups, and the Persistent Effects of Monetary Shocks

Federal Reserve Bank of Richmond Working Paper No. 95-4
Number of pages: 33 Posted: 15 Nov 2012
Peter N. Ireland
Boston College - Department of Economics
Downloads 11 (809,175)

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Customer Flows, Countercyclical Markups, and the Persistent Effects of Monetary Shocks

Posted: 30 Apr 1998
Peter N. Ireland
Boston College - Department of Economics

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38.

The Macroeconomic Effects of Interest on Reserves

NBER Working Paper No. w18409
Number of pages: 58 Posted: 22 Sep 2012 Last Revised: 21 Apr 2022
Peter N. Ireland
Boston College - Department of Economics
Downloads 10 (789,651)
Citation 5

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39.

Rules Versus Discretion: Inference Gleaned from Greenbook Forecasts and FOMC Decisions

Oxford Bulletin of Economics and Statistics, Vol. 82, Issue 1, pp. 156-179, 2020
Number of pages: 24 Posted: 02 Jun 2020
Michael Belongia and Peter N. Ireland
University of Mississippi - Department of Economics and Boston College - Department of Economics
Downloads 0 (907,349)

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40.

Monetary Policy Implementation: Making Better and More Consistent Use of the Federal Reserve's Balance Sheet

Journal of Applied Corporate Finance, Vol. 31, Issue 4, pp. 68-76, 2019
Number of pages: 11 Posted: 27 May 2020
Peter N. Ireland
Boston College - Department of Economics
Downloads 0 (907,349)

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41.

The Role of Countercyclical Monetary Policy

JOURNAL OF POLITICAL ECONOMY 104, 4 (August 1996)
Posted: 06 May 1998
Peter N. Ireland
Boston College - Department of Economics

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42.

Stopping Inflation, Big and Small

Posted: 04 May 1998
Peter N. Ireland
Boston College - Department of Economics

Abstract:

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