Andrew T. Foerster

Federal Reserve Banks - Federal Reserve Bank of San Francisco

101 Market Street

San Francisco, CA 94105

United States

SCHOLARLY PAPERS

13

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851

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in Total Papers Citations

202

CROSSREF CITATIONS

55

Scholarly Papers (13)

Estimating Macroeconomic Models of Financial Crises: An Endogenous Regime Switching Approach

Number of pages: 67 Posted: 28 Oct 2019 Last Revised: 22 Oct 2020
Federal Reserve Bank of New YorkLondon School of Economics & Political Science (LSE) - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of San Francisco, University of Missouri and Johns Hopkins University - Carey Business School
Downloads 245 (176,773)
Citation 4

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COVID-19, Financial Crises, Business Cycles, Endogenous Regime-Switching, Bayesian Estimation, Occasionally Binding Constraints, Mexico

Estimating Macroeconomic Models of Financial Crises: An Endogenous Regime-Switching Approach

FRB of New York Staff Report No. 944
Number of pages: 68 Posted: 27 Oct 2020
Federal Reserve Bank of New YorkLondon School of Economics & Political Science (LSE) - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of San Francisco, University of Missouri and Johns Hopkins University - Carey Business School
Downloads 38 (605,643)
Citation 1

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financial crises, business cycles, endogenous regime-switching, Bayesian estimation, occasionally binding constraints, Mexico

Estimating Macroeconomic Models of Financial Crises: An Endogenous Regime-Switching Approach

NBER Working Paper No. w26935
Number of pages: 72 Posted: 06 Apr 2020 Last Revised: 07 Aug 2022
Federal Reserve Bank of New YorkLondon School of Economics & Political Science (LSE) - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of San Francisco, University of Missouri and Johns Hopkins University - Carey Business School
Downloads 6 (881,285)

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Estimating Macroeconomic Models of Financial Crises: An Endogenous Regime-Switching Approach

CEPR Discussion Paper No. DP14545
Number of pages: 75 Posted: 08 May 2020
Federal Reserve Bank of New YorkLondon School of Economics & Political Science (LSE) - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of San Francisco, University of Missouri and Johns Hopkins University - Carey Business School
Downloads 0
Citation 1
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Bayesian estimation, business cycles, Endogenous Regime-Switching, financial crises, Mexico, occasionally binding constraints

2.
Downloads 151 (272,553)
Citation 12

Perturbation Methods for Markov-Switching DSGE Models

Federal Reserve Bank of Kansas City Working Paper No. RWP 13-01
Number of pages: 35 Posted: 08 Mar 2013 Last Revised: 21 Nov 2015
Federal Reserve Banks - Federal Reserve Bank of San Francisco, Federal Reserve Bank of Atlanta - Research Department, Federal Reserve Bank of Atlanta and Federal Reserve Bank of Atlanta
Downloads 109 (349,672)
Citation 5

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Perturbation Methods for Markov-Switching DSGE Models

FRB Atlanta Working Paper No. 2014-16
Number of pages: 39 Posted: 04 Apr 2015
Federal Reserve Banks - Federal Reserve Bank of San Francisco, Federal Reserve Bank of Atlanta - Research Department, Federal Reserve Bank of Atlanta and Federal Reserve Bank of Atlanta
Downloads 23 (711,660)

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partition principle, naive perturbation, uncertainty, Taylor series, high-order expansion, time-varying coefficients, nonlinearity, Gröbner bases

Perturbation Methods for Markov-Switching DSGE Models

NBER Working Paper No. w20390
Number of pages: 39 Posted: 25 Aug 2014 Last Revised: 15 Aug 2022
Federal Reserve Banks - Federal Reserve Bank of San Francisco, Federal Reserve Bank of Atlanta - Research Department, Federal Reserve Bank of Atlanta and Federal Reserve Bank of Atlanta
Downloads 15 (783,704)
Citation 3

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Perturbation Methods for Markov-Switching DSGE Models

CEPR Discussion Paper No. DP9464
Number of pages: 88 Posted: 08 May 2013
Federal Reserve Banks - Federal Reserve Bank of San Francisco, Federal Reserve Bank of Atlanta - Research Department, Federal Reserve Bank of Atlanta and Federal Reserve Bank of Atlanta
Downloads 4 (906,460)
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DSGE, Markov-Switching, Perturbation

3.

Financial Crises, Unconventional Monetary Policy Exit Strategies, and Agents’ Expectations

Federal Reserve Bank of Kansas City Working Paper No. 11-04
Number of pages: 46 Posted: 15 Sep 2011 Last Revised: 16 Apr 2014
Andrew T. Foerster
Federal Reserve Banks - Federal Reserve Bank of San Francisco
Downloads 80 (421,772)
Citation 12

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Sectoral vs. Aggregate Shocks: A Structural Factor Analysis of Industrial Production

NBER Working Paper No. w14389
Number of pages: 40 Posted: 10 Oct 2008 Last Revised: 27 Apr 2022
Andrew T. Foerster, Pierre-Daniel G. Sarte and Mark W. Watson
Federal Reserve Banks - Federal Reserve Bank of San Francisco, Federal Reserve Bank of Richmond and Princeton University - Princeton School of Public and International Affairs
Downloads 42 (583,217)

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Sectoral vs. Aggregate Shocks: A Structural Factor Analysis of Industrial Production

FRB Richmond Working Paper No. 08-07
Number of pages: 38 Posted: 11 Dec 2012
Andrew T. Foerster, Pierre-Daniel G. Sarte and Mark W. Watson
Federal Reserve Banks - Federal Reserve Bank of San Francisco, Federal Reserve Bank of Richmond and Princeton University - Princeton School of Public and International Affairs
Downloads 30 (657,161)
Citation 71

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input-output matrix, Great Moderation, approximate factor model

5.

Uncertainty and Fiscal Cliffs

Federal Reserve Bank of Kansas City Working Paper No. 14-04
Number of pages: 33 Posted: 13 Apr 2014
Troy Davig and Andrew T. Foerster
Federal Reserve Bank of Kansas City and Federal Reserve Banks - Federal Reserve Bank of San Francisco
Downloads 66 (467,996)
Citation 4

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Fiscal Policy, Uncertainty, Distorting taxation

Monetary Policy Regime Switches and Macroeconomic Dynamics

Federal Reserve Bank of Kansas City Working Paper No. 13-04
Number of pages: 34 Posted: 09 Aug 2013 Last Revised: 08 Nov 2014
Andrew T. Foerster
Federal Reserve Banks - Federal Reserve Bank of San Francisco
Downloads 41 (588,707)
Citation 2

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regime switching, Taylor Rule, infl‡ation targeting, determinacy

Monetary Policy Regime Switches and Macroeconomic Dynamics

International Economic Review, Vol. 57, Issue 1, pp. 211-230, 2016
Number of pages: 20 Posted: 12 Feb 2016
Andrew T. Foerster
Federal Reserve Banks - Federal Reserve Bank of San Francisco
Downloads 5 (893,433)
Citation 1

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7.

Search with Wage Posting under Sticky Prices

Federal Reserve Bank of Kansas City Working Paper No. 14-17
Number of pages: 33 Posted: 07 Dec 2014 Last Revised: 06 Oct 2020
Andrew T. Foerster and Jose Mustre-del-Rio
Federal Reserve Banks - Federal Reserve Bank of San Francisco and Federal Reserve Bank of Kansas City
Downloads 44 (561,104)
Citation 1

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Search, Matching, Inflation, Sticky Prices, Heterogeneity, Incomplete markets

8.

Optimal Monetary Policy Regime Switches

Federal Reserve Bank of Kansas City Working Paper No. 16-07
Number of pages: 40 Posted: 19 Aug 2016
Jason Choi and Andrew T. Foerster
Federal Reserve Bank of Kansas City and Federal Reserve Banks - Federal Reserve Bank of San Francisco
Downloads 29 (646,769)

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Growth Rate, Optimal Policy, Regime Switching, Taylor Rule, Inflation Target

9.

Are We Working Too Hard or Should We Be Working Harder? A Simple Model of Career Concerns

FRB Richmond Economic Quarterly, vol. 92, no. 1, Winter 2006, pp. 79-91
Number of pages: 13 Posted: 07 Dec 2012
Andrew T. Foerster and Leonardo Martinez
Federal Reserve Banks - Federal Reserve Bank of San Francisco and International Monetary Fund (IMF) - IMF Institute
Downloads 25 (675,270)

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10.

Aggregate Implications of Changing Sectoral Trends

FRB Richmond Working Paper No. 19-11
Number of pages: 57 Posted: 31 May 2019 Last Revised: 01 Jun 2019
Federal Reserve Banks - Federal Reserve Bank of San Francisco, Federal Reserve Bank of Richmond, Federal Reserve Bank of Richmond and Princeton University - Princeton School of Public and International Affairs
Downloads 15 (756,968)
Citation 3

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trend growth, multisector models, production linkages

11.

Idiosyncratic Sectoral Growth, Balanced Growth, and Sectoral Linkages

Economic Quarterly, Issue 2Q, pp. 79-101, 2018
Number of pages: 23 Posted: 22 Oct 2018 Last Revised: 29 Apr 2020
Andrew T. Foerster, Eric LaRose and Pierre-Daniel G. Sarte
Federal Reserve Banks - Federal Reserve Bank of San Francisco, Federal Reserve Banks - Federal Reserve Bank of Richmond and Federal Reserve Bank of Richmond
Downloads 13 (775,810)

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economic activity, total factor productivity, BEA

12.

The Effects of Permanent and Transitory Shocks Under Imperfect Information

Number of pages: 19 Posted: 03 Aug 2020
Andrew T. Foerster and Pierre-Daniel G. Sarte
Federal Reserve Banks - Federal Reserve Bank of San Francisco and Federal Reserve Bank of Richmond
Downloads 11 (795,261)

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13.

Aggregate Implications of Changing Sectoral Trends

NBER Working Paper No. w25867
Number of pages: 55 Posted: 28 May 2019 Last Revised: 05 Sep 2022
Federal Reserve Banks - Federal Reserve Bank of San Francisco, Federal Reserve Bank of Richmond, Federal Reserve Bank of Richmond and Princeton University - Princeton School of Public and International Affairs
Downloads 10 (805,298)

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