David Beckworth

Mercatus Center at George Mason University

3434 Washington Blvd. 4th Floor

Arlington, VA 22201

United States

http://macromarketmusings.blogspot.com/

SCHOLARLY PAPERS

25

DOWNLOADS
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Top 22,251

in Total Papers Downloads

4,180

SSRN CITATIONS
Rank 22,859

SSRN RANKINGS

Top 22,859

in Total Papers Citations

39

CROSSREF CITATIONS

13

Scholarly Papers (25)

1.

Praying for a Recession: The Business Cycle and Protestant Religiosity in the United States

Number of pages: 37 Posted: 09 Mar 2008 Last Revised: 22 Jan 2009
David Beckworth
Mercatus Center at George Mason University
Downloads 750 (61,323)

Abstract:

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Religiosity, Church Attendance, Business Cycle, Economic Conditions, Recession, Yield Curve, Protestant Church Growth

2.

The Prospect of Fiscal Dominance in the United States: A New Quantity Theory Perspective

Number of pages: 15 Posted: 11 Feb 2022
David Beckworth
Mercatus Center at George Mason University
Downloads 469 (110,524)
Citation 1

Abstract:

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Fiscal Dominance, Fiscal Theory of the Price Level with a Bubble, Safe Assets, Dollar Dominance

3.

The Safe Asset Shortage and the Low Inflation of 2010-2019: A Money Demand View

Number of pages: 33 Posted: 01 Mar 2022
David Beckworth
Mercatus Center at George Mason University
Downloads 414 (127,964)

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Federal Reserve, low-inflation mystery, safe asset shortage, excess money demand

4.

The Productivity Gap: Monetary Policy, the Subprime Boom, and the Post-2001 Productivity Surge

Number of pages: 23 Posted: 01 Dec 2011 Last Revised: 26 Feb 2015
George Selgin, David Beckworth and Berrak Buyukkarabacak
The Cato Institute, Mercatus Center at George Mason University and Ozyegin University
Downloads 361 (149,666)
Citation 4

Abstract:

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Productivity, neutral interest rate, output gap, business cycle, Taylor Rule, subprime boom

5.

COVID-19 Pandemic, Direct Cash Transfers, and the Federal Reserve

Mercatus Center Research Paper Series, Special Edition Policy Brief (2020)
Number of pages: 7 Posted: 31 Mar 2020
David Beckworth
Mercatus Center at George Mason University
Downloads 308 (176,990)
Citation 2

Abstract:

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Federal Reserve, monetary policy, economic, federal government, COVID-19, 2019 novel coronavirus, 2019-nCoV, Corona Virus Disease 2019 (COVID-19), pandemic

6.

Permanent versus Temporary Monetary Base Injections: Implications for Past and Future Fed Policy

Number of pages: 42 Posted: 30 Jun 2017
David Beckworth
Mercatus Center at George Mason University
Downloads 276 (198,336)
Citation 3

Abstract:

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LSAPs, QE, ZLB, Permanent Monetary Base Injections, Quantity Theory of Money, New Keynesian, Permanent, Nominal GDP Targeting

7.

Nominal GDP Targeting and the Taylor Rule on an Even Playing Field

AIER Sound Money Project Working Paper No. 2018-10
Number of pages: 25 Posted: 09 Jun 2016 Last Revised: 30 Sep 2018
David Beckworth and Joshua R. Hendrickson
Mercatus Center at George Mason University and University of Mississippi
Downloads 263 (208,241)
Citation 4

Abstract:

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Nominal GDP Targeting, Imperfect Information, Monetary Policy

8.

One Nation Under the Fed? The Asymmetric Effects of U.S. Monetary Policy and Its Implications for the United States as an Optimal Currency Area

Number of pages: 34 Posted: 27 Jul 2009 Last Revised: 21 Sep 2009
David Beckworth
Mercatus Center at George Mason University
Downloads 165 (320,595)
Citation 5

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optimal currency area, regional effects of monetary policy, U.S. monetary policy, vector autoregressions

9.

Can Monetary Policy Influence Long Term Interest Rates? It Depends

Number of pages: 32 Posted: 07 Jul 2009 Last Revised: 29 May 2011
David Beckworth, Kenneth P. Moon and J. Holland Toles
Mercatus Center at George Mason University, Texas State University, San Marcos - Department of Finance and Economics and Texas State University, San Marcos
Downloads 160 (329,129)

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Monetary Policy, Treasury Yield Curve, Long-term Interest Rates, Vector Auto Regressions

10.

Nominal GDP as the Stance of Monetary Policy: A Practical Guide

Number of pages: 11 Posted: 31 Dec 2018
David Beckworth
Mercatus Center at George Mason University
Downloads 130 (388,661)

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Nominal GDP, Stance of Monetary Policy, Sticky-Price NGDP Forecast

11.

Better Risk Sharing Through Monetary Policy?: The Financial Stability Case for a Nominal GDP Target

Number of pages: 22 Posted: 21 Dec 2018 Last Revised: 09 Jan 2019
David Beckworth
Mercatus Center at George Mason University
Downloads 130 (388,661)
Citation 6

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NGDP Targeting, Financial Stability, State-Contingent Debt Contracts, Panel VAR, Local Projection

12.

Facts, Fears, and Functionality of NGDP Level Targeting: A Guide to a Popular Framework for Monetary Policy

Mercatus Research Paper
Number of pages: 42 Posted: 04 Oct 2019
David Beckworth
Mercatus Center at George Mason University
Downloads 96 (487,788)
Citation 2

Abstract:

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nominal GDP targeting, NGDP, nominal income targeting, monetary policy frameworks

13.

The Knowledge Problem in Monetary Policy: The Case for Nominal GDP Targeting

Mercatus on Policy Series
Number of pages: 7 Posted: 25 Sep 2020
David Beckworth
Mercatus Center at George Mason University
Downloads 90 (508,301)
Citation 2

Abstract:

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monetary policy, nominal GDP targeting, NGDP, nominal income targeting, imperfect information, knowledge problem

14.

Inflation Targeting: A Monetary Policy Regime Whose Time Has Come and Gone

MERCATUS RESEARCH
Number of pages: 32 Posted: 12 Jul 2018
David Beckworth
Mercatus Center at George Mason University
Downloads 88 (511,874)
Citation 5

Abstract:

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15.

An Operating Framework for the 21st Century

Number of pages: 19 Posted: 30 Dec 2019 Last Revised: 14 Mar 2020
David Beckworth
Mercatus Center at George Mason University
Downloads 84 (526,846)

Abstract:

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16.

Transaction Asset Shortages

AIER Sound Money Project Working Paper No. 2018–08
Number of pages: 32 Posted: 17 Apr 2017 Last Revised: 08 Jan 2018
David Beckworth and Joshua R. Hendrickson
Mercatus Center at George Mason University and University of Mississippi
Downloads 77 (554,522)

Abstract:

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transaction assets, safe assets, asset shortages, Bayesian estimation, Divisia monetary aggregates

17.

The Stance of Monetary Policy: The NGDP Gap

Mercatus Policy Brief Series: The NGDP Gap Fact Sheet
Number of pages: 13 Posted: 22 Sep 2020 Last Revised: 12 Nov 2020
David Beckworth
Mercatus Center at George Mason University
Downloads 62 (622,643)
Citation 2

Abstract:

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monetary policy, nominal GDP targeting, NGDP, nominal income targeting

18.

The Great Divorce: The FED’s Move to a Floor System and the Implications for Bank Portfolios

Mercatus Research Paper
Number of pages: 47 Posted: 27 Nov 2018 Last Revised: 11 Jan 2019
David Beckworth
Mercatus Center at George Mason University
Downloads 59 (638,069)
Citation 3

Abstract:

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IOER, Federal Reserve, floor system, corridor system, bank portfolio

19.

The Monetary Policy Origins of the Eurozone Crisis

Number of pages: 47 Posted: 30 Jun 2017
David Beckworth
Mercatus Center at George Mason University
Downloads 49 (694,577)
Citation 4

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20.

The Fate of FAIT: Salvaging the FED’s Framework

Mercatus Research Paper
Number of pages: 29 Posted: 24 Oct 2022
David Beckworth and Patrick Horan
Mercatus Center at George Mason University and Mercatus Center at George Mason University
Downloads 36 (782,303)

Abstract:

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Federal Reserve, monetary policy, inflation, flexible average inflation targeting

21.

The Neutral Level of NGDP and the NGDP Gap: Q3 2020

Mercatus NGDP Gap Fact Sheet
Number of pages: 3 Posted: 12 Nov 2020
David Beckworth
Mercatus Center at George Mason University
Downloads 33 (805,407)

Abstract:

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monetary policy, nominal GDP targeting, NGDP, nominal income targeting

22.

What Would Milton Friedman Say About Financial Stability?

Mercatus Symposium, 2022
Number of pages: 10 Posted: 21 Sep 2022
David Beckworth
Mercatus Center at George Mason University
Downloads 32 (813,409)

Abstract:

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Milton Friedman, financial stability, nominal income, financial crises

23.

The Neutral Level of NGDP and the NGDP Gap: Q1 2020

Mercatus NGDP Gap Fact Sheet
Number of pages: 3 Posted: 22 Sep 2020 Last Revised: 12 Nov 2020
David Beckworth
Mercatus Center at George Mason University
Downloads 28 (846,214)

Abstract:

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monetary policy, nominal GDP targeting, NGDP, nominal income targeting

24.

The Neutral Level of NGDP and the NGDP Gap: Q2 2020

Mercatus NGDP Gap Fact Sheet
Number of pages: 3 Posted: 22 Sep 2020 Last Revised: 12 Nov 2020
David Beckworth
Mercatus Center at George Mason University
Downloads 20 (928,807)

Abstract:

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monetary policy, nominal GDP targeting, NGDP, nominal income targeting

25.

Facts, Fears, and Functionality of Nominal GDP Level Targeting: A Guide to a Popular Monetary Policy Framework

Posted: 13 Jun 2019
David Beckworth
Mercatus Center at George Mason University

Abstract:

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Nominal GDP Targeting, Nominal Income Targeting, Monetary Policy Framework, Target