Lawrence J. Christiano

Northwestern University

2003 Sheridan Road

Evanston, IL 60208

United States

Federal Reserve Bank of Cleveland

Visiting Scholar

East 6th & Superior

Cleveland, OH 44101-1387

United States

Federal Reserve Bank of Chicago

Consultant

230 South LaSalle Street

Chicago, IL 60604

United States

Federal Reserve Bank of Minneapolis

Consultant

90 Hennepin Avenue

Minneapolis, MN 55480

United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

SCHOLARLY PAPERS

69

DOWNLOADS
Rank 6,180

SSRN RANKINGS

Top 6,180

in Total Papers Downloads

14,274

TOTAL CITATIONS
Rank 79

SSRN RANKINGS

Top 79

in Total Papers Citations

2,776

Scholarly Papers (69)

1.

Financial Factors in Economic Fluctuations

ECB Working Paper No. 1192
Number of pages: 133 Posted: 26 May 2010
Lawrence J. Christiano, Roberto Motto and Massimo Rostagno
Northwestern University, European Central Bank (ECB) and European Central Bank (ECB)
Downloads 2,667 (10,861)
Citation 15

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DSGE model, Financial frictions, Financial shocks, Bayesian estimation, Lending channel, Funding channel

2.

Monetary Policy and Stock Market Boom-Bust Cycles

ECB Working Paper No. 955
Number of pages: 99 Posted: 20 Nov 2008
Lawrence J. Christiano, Cosmin L. Ilut, Roberto Motto and Massimo Rostagno
Northwestern University, Duke University, European Central Bank (ECB) and European Central Bank (ECB)
Downloads 1,150 (39,623)
Citation 76

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DSGE Models, Monetary Policy, Asset price boom-busts

The Great Depression and the Friedman-Schwartz Hypothesis

ECB Working Paper No. 326
Number of pages: 106 Posted: 29 Jul 2004
Lawrence J. Christiano, Roberto Motto and Massimo Rostagno
Northwestern University, European Central Bank (ECB) and European Central Bank (ECB)
Downloads 406 (151,261)

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general equilibrium, lower bound, deflation, shocks

The Great Depression and the Friedman-Schwartz Hypothesis

FRB of Cleveland Working Paper No. 03-18
Number of pages: 95 Posted: 13 Nov 2007
Lawrence J. Christiano, Roberto Motto and Massimo Rostagno
Northwestern University, European Central Bank (ECB) and European Central Bank (ECB)
Downloads 373 (166,505)
Citation 20

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Freidman-Schwartz hypothesis, Great Depression, causes of Great Depression, dynamic general equilibrium model

The Great Depression and the Friedman-Schwartz Hypothesis

NBER Working Paper No. w10255
Number of pages: 95 Posted: 31 Jan 2004 Last Revised: 09 Jan 2022
Lawrence J. Christiano, Roberto Motto and Massimo Rostagno
Northwestern University, European Central Bank (ECB) and European Central Bank (ECB)
Downloads 80 (648,620)
Citation 33

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4.
Downloads 765 (69,694)
Citation 9

Monetary Policy in a Financial Crisis

FRB of Chicago Working Paper No. 2002-05, FRB of Cleveland Working Paper No. 02-04
Number of pages: 75 Posted: 12 Sep 2002 Last Revised: 18 Nov 2007
Lawrence J. Christiano, Christopher Gust and Jorge E. Roldos
Northwestern University, Board of Governors of the Federal Reserve System and International Monetary Fund (IMF)
Downloads 707 (76,123)
Citation 1

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financial crisis, exchange rates, collateral constraints

Monetary Policy in a Financial Crisis

NBER Working Paper No. w9005
Number of pages: 69 Posted: 13 Jun 2002 Last Revised: 11 Aug 2022
Lawrence J. Christiano, Christopher Gust and Jorge E. Roldos
Northwestern University, Board of Governors of the Federal Reserve System and International Monetary Fund (IMF)
Downloads 58 (771,911)
Citation 8

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Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy

FRB of Chicago Working Paper No. 2001-08, FRB of Cleveland Working Paper No. 01-07
Number of pages: 48 Posted: 27 Sep 2001 Last Revised: 18 Nov 2007
Lawrence J. Christiano, Martin Eichenbaum and Charles L. Evans
Northwestern University, Northwestern University and Federal Reserve Bank of Chicago - Research Department
Downloads 413 (148,361)
Citation 945

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consumption insurance, marriage

Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy

NBER Working Paper No. w8403
Number of pages: 48 Posted: 29 Jul 2001 Last Revised: 19 Jun 2022
Lawrence J. Christiano, Martin Eichenbaum and Charles L. Evans
Northwestern University, Northwestern University and Federal Reserve Bank of Chicago - Research Department
Downloads 215 (295,185)
Citation 13

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Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy

Posted: 13 Jan 2005
Lawrence J. Christiano, Martin Eichenbaum and Charles L. Evans
Northwestern University, Northwestern University and Federal Reserve Bank of Chicago - Research Department

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Introducing Financial Frictions and Unemployment into a Small Open Economy Model

Riksbank Research Paper No. 214
Number of pages: 83 Posted: 20 Dec 2007 Last Revised: 18 Oct 2011
Lawrence J. Christiano, Mathias Trabandt and Karl Walentin
Northwestern University, Goethe University Frankfurt and Sveriges Riksbank
Downloads 533 (109,110)
Citation 12

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DSGE model, financial frictions, labor market frictions, unemployment, small open economy, Bayesian estimation

Introducing Financial Frictions and Unemployment into a Small Open Economy Model

Federal Reserve Bank of Atlanta CQER Working Paper No. 10-04
Number of pages: 73 Posted: 23 Sep 2010
Lawrence J. Christiano, Mathias Trabandt and Karl Walentin
Northwestern University, Goethe University Frankfurt and Sveriges Riksbank
Downloads 82 (639,279)
Citation 77

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DSGE model, financial frictions, labor market frictions, unemployment, small open economy, Bayesian estimation

Firm-Specific Capital, Nominal Rigidities and the Business Cycle

FRB of Chicago Working Paper No. 2005-01, Riksbank Research Paper Series No. 15, Sveriges Riksbank Working Paper Series No. 176 , FRB of Cleveland Working Paper No. 04-16
Number of pages: 54 Posted: 14 Feb 2005 Last Revised: 09 Mar 2009
David Altig, David Altig, Jesper Lindé, Lawrence J. Christiano and Martin Eichenbaum
Federal Reserve Banks - Federal Reserve Bank of AtlantaFederal Reserve Bank of Cleveland, Sveriges Riksbank - Research Division, Northwestern University and Northwestern University
Downloads 245 (259,909)

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capital, inflation, price behavior

Firm-Specific Capital, Nominal Rigidities and the Business Cycle

FRB International Finance Discussion Paper No. 990
Number of pages: 52 Posted: 11 Mar 2010
David Altig, David Altig, Lawrence J. Christiano and Jesper Lindé
Federal Reserve Banks - Federal Reserve Bank of AtlantaFederal Reserve Bank of Cleveland, Northwestern University and Sveriges Riksbank - Research Division
Downloads 90 (603,372)
Citation 3

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Firm-Specific Capital, Nominal Rigidities and the Business Cycle

NBER Working Paper No. w11034
Number of pages: 50 Posted: 03 Feb 2005 Last Revised: 27 Aug 2022
Federal Reserve Banks - Federal Reserve Bank of AtlantaFederal Reserve Bank of Cleveland, Northwestern University, Sveriges Riksbank - Research Division, Northwestern University and Board of Governors of the Federal Reserve System
Downloads 69 (705,153)
Citation 8

Abstract:

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Firm-Specific Capital, Nominal Rigidities and the Business Cycle

Number of pages: 52 Posted: 11 May 2005
David Altig, David Altig, Jesper Lindé, Lawrence J. Christiano and Martin Eichenbaum
Federal Reserve Banks - Federal Reserve Bank of AtlantaFederal Reserve Bank of Cleveland, Sveriges Riksbank - Research Division, Northwestern University and Northwestern University
Downloads 21 (1,126,075)
Citation 88
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8.
Downloads 410 (151,086)
Citation 46

DSGE Models for Monetary Policy Analysis

Federal Reserve Bank of Atlanta CQER Working Paper No. 10-02
Number of pages: 94 Posted: 23 Sep 2010
Lawrence J. Christiano, Mathias Trabandt and Karl Walentin
Northwestern University, Goethe University Frankfurt and Sveriges Riksbank
Downloads 267 (238,264)
Citation 46

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Taylor rule, labor supply, boom, output gap, unemployment, Bayesian inference, vector autoregression, posterior distribution

DSGE Models for Monetary Policy Analysis

NBER Working Paper No. w16074
Number of pages: 95 Posted: 14 Jun 2010 Last Revised: 04 Jun 2023
Lawrence J. Christiano, Mathias Trabandt and Karl Walentin
Northwestern University, Goethe University Frankfurt and Sveriges Riksbank
Downloads 143 (425,444)

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9.

Inflation and Monetary Policy in the Twentieth Century

Number of pages: 24 Posted: 11 Mar 2003
Lawrence J. Christiano and Terry J. Fitzgerald
Northwestern University and Organization for Economic Co-Operation and Development (OECD)
Downloads 403 (154,072)
Citation 1

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10.
Downloads 376 (166,505)
Citation 7

Monetary Policy and Stock Market Booms

Economic Research Initiatives at Duke (ERID) Working Paper No. 69
Number of pages: 48 Posted: 01 Oct 2010 Last Revised: 06 Aug 2014
Lawrence J. Christiano, Cosmin L. Ilut, Roberto Motto and Massimo Rostagno
Northwestern University, Duke University, European Central Bank (ECB) and European Central Bank (ECB)
Downloads 299 (211,800)
Citation 7

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Inflation Targeting, Sticky Prices, Sticky Wages, Stock Price Boom, DSGE Model, New Keynesian Model, News, Interest Rate Rule

Monetary Policy and Stock Market Booms

NBER Working Paper No. w16402
Number of pages: 48 Posted: 04 Oct 2010 Last Revised: 27 Apr 2023
Lawrence J. Christiano, Cosmin L. Ilut, Roberto Motto and Massimo Rostagno
Northwestern University, Duke University, European Central Bank (ECB) and European Central Bank (ECB)
Downloads 77 (662,878)

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11.

The Band Pass Filter

NBER Working Paper No. w7257
Number of pages: 73 Posted: 09 Mar 2000 Last Revised: 31 Oct 2022
Lawrence J. Christiano and Terry J. Fitzgerald
Northwestern University and Organization for Economic Co-Operation and Development (OECD)
Downloads 297 (214,831)
Citation 150

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12.
Downloads 275 (232,632)
Citation 18

Involuntary Unemployment and the Business Cycle

Riksbank Research Paper Series No. 69, Sveriges Riksbank Working Paper Series No. 238
Number of pages: 54 Posted: 29 May 2010
Lawrence J. Christiano, Mathias Trabandt and Karl Walentin
Northwestern University, Goethe University Frankfurt and Sveriges Riksbank
Downloads 83 (634,340)

Abstract:

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DSGE, unemployment, business cycles, monetary policy, Bayesian estimation

Involuntary Unemployment and the Business Cycle

Federal Reserve Bank of Atlanta CQER Working Paper No. 10-03
Number of pages: 53 Posted: 23 Sep 2010
Lawrence J. Christiano, Mathias Trabandt and Karl Walentin
Northwestern University, Goethe University Frankfurt and Sveriges Riksbank
Downloads 73 (683,443)
Citation 5

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unemployment, job search, new Keynesian, nonaccelerating inflation rate of unemployment

Involuntary Unemployment and the Business Cycle

ECB Working Paper No. 1202
Number of pages: 59 Posted: 09 Jun 2010
Lawrence J. Christiano, Mathias Trabandt and Karl Walentin
Northwestern University, Goethe University Frankfurt and Sveriges Riksbank
Downloads 65 (727,823)

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DSGE, unemployment, business cycles, monetary policy, Bayesian estimation

Involuntary Unemployment and the Business Cycle

NBER Working Paper No. w15801
Number of pages: 56 Posted: 08 Mar 2010 Last Revised: 06 Mar 2022
Lawrence J. Christiano, Mathias Trabandt and Karl Walentin
Northwestern University, Goethe University Frankfurt and Sveriges Riksbank
Downloads 54 (799,427)
Citation 13

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13.
Downloads 261 (245,381)
Citation 9

What Happens after a Technology Shock?

Number of pages: 54 Posted: 18 Aug 2003
Lawrence J. Christiano, Martin Eichenbaum and Robert J. Vigfusson
Northwestern University, Northwestern University and Board of Governors of the Federal Reserve System
Downloads 140 (432,902)
Citation 1

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productivity, long-run restriction, hours worked, weak instruments

What Happens after a Technology Shock?

NBER Working Paper No. w9819
Number of pages: 54 Posted: 05 Jul 2003 Last Revised: 31 Oct 2022
Lawrence J. Christiano, Martin Eichenbaum and Robert J. Vigfusson
Northwestern University, Northwestern University and Board of Governors of the Federal Reserve System
Downloads 121 (487,068)
Citation 8

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14.
Downloads 246 (260,403)
Citation 1

Two Flaws in Business Cycle Accounting

FRB of Chicago Working Paper No. 2006-10
Number of pages: 67 Posted: 01 Nov 2006
Lawrence J. Christiano, Joshua Mark Davis and Joshua Mark Davis
Northwestern University and Pacific Investment Management Company (PIMCO)Northwestern University - Department of Economics
Downloads 192 (328,468)

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business cycle accounting, real business cycles, identification, maximum likelihood

Two Flaws in Business Cycle Accounting

NBER Working Paper No. w12647
Number of pages: 60 Posted: 20 Nov 2006 Last Revised: 24 Jul 2022
Lawrence J. Christiano, Joshua Mark Davis and Joshua Mark Davis
Northwestern University and Pacific Investment Management Company (PIMCO)Northwestern University - Department of Economics
Downloads 54 (799,427)
Citation 1

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Maximum Likelihood in the Frequency Domain: A Time to Build Example

FRB of Chicago Working Paper No. WP-99-4
Posted: 07 Jul 2021
Lawrence J. Christiano and Robert J. Vigfusson
Northwestern University and affiliation not provided to SSRN

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Maximum Likelihood in the Frequency Domain: A Time to Build Example

FRB Chicago Working Paper No. 1999-04
Number of pages: 17 Posted: 06 Apr 1999
Lawrence J. Christiano and Robert J. Vigfusson
Northwestern University and Board of Governors of the Federal Reserve System
Downloads 195 (323,713)

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Maximum Likelihood in the Frequency Domain: a Time to Build Example

NBER Working Paper No. w7027
Number of pages: 17 Posted: 25 Jul 2000 Last Revised: 15 Sep 2022
Lawrence J. Christiano and Robert J. Vigfusson
Northwestern University and Board of Governors of the Federal Reserve System
Downloads 46 (860,804)

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16.

Monetary Policy Shocks: What Have We Learned and to What End?

NBER Working Paper No. w6400
Number of pages: 95 Posted: 21 Jul 2000 Last Revised: 29 Dec 2022
Lawrence J. Christiano, Martin Eichenbaum and Charles L. Evans
Northwestern University, Northwestern University and Federal Reserve Bank of Chicago - Research Department
Downloads 236 (271,093)
Citation 55

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17.
Downloads 229 (279,113)
Citation 21

Assessing Structural Vars

FRB International Finance Discussion Paper No. 866
Number of pages: 60 Posted: 03 Nov 2006
Lawrence J. Christiano, Martin Eichenbaum and Robert J. Vigfusson
Northwestern University, Northwestern University and Board of Governors of the Federal Reserve System
Downloads 128 (465,599)
Citation 18

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Vector autoregression, dynamic stochastic general equilibrium model, confidence intervals, impulse response functions, identification, long run restrictions, specification error, sampling

Assessing Structural Vars

NBER Working Paper No. w12353
Number of pages: 55 Posted: 14 Jul 2006 Last Revised: 03 Oct 2022
Lawrence J. Christiano, Martin Eichenbaum and Robert J. Vigfusson
Northwestern University, Northwestern University and Board of Governors of the Federal Reserve System
Downloads 101 (558,914)
Citation 3

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18.
Downloads 210 (303,122)
Citation 322

When is the Government Spending Multiplier Large?

NBER Working Paper No. w15394
Number of pages: 68 Posted: 05 Oct 2009 Last Revised: 26 Jul 2023
Lawrence J. Christiano, Martin Eichenbaum and Sergio T. Rebelo
Northwestern University, Northwestern University and Northwestern University - Kellogg School of Management
Downloads 111 (520,752)
Citation 190

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When is the Government Spending Multiplier Large?

Federal Reserve Bank of Atlanta CQER Working Paper No. 10-01
Number of pages: 55 Posted: 23 Sep 2010
Lawrence J. Christiano, Martin Eichenbaum and Sergio T. Rebelo
Northwestern University, Northwestern University and Northwestern University - Kellogg School of Management
Downloads 99 (566,870)
Citation 132

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multiplier, zero bound, deflation spiral

Shocks, Structures or Monetary Policies? The Euro Area and US After 2001

ECB Working Paper No. 774
Number of pages: 51 Posted: 11 Jul 2007
Lawrence J. Christiano, Roberto Motto and Massimo Rostagno
Northwestern University, European Central Bank (ECB) and European Central Bank (ECB)
Downloads 141 (430,459)
Citation 9

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Policy activism, DSGE model, policy inertia, shocks

Shocks, Structures or Monetary Policies? The Euro Area and Us after 2001

NBER Working Paper No. w13521
Number of pages: 42 Posted: 24 Oct 2007 Last Revised: 12 Dec 2022
Lawrence J. Christiano, Roberto Motto and Massimo Rostagno
Northwestern University, European Central Bank (ECB) and European Central Bank (ECB)
Downloads 45 (869,529)
Citation 2

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20.

Financialization in Commodity Markets

FRB of Chicago Working Paper No. WP-2017-15
Number of pages: 65 Posted: 19 Sep 2017
V. Chari and Lawrence J. Christiano
University of Minnesota - Minneapolis and Northwestern University
Downloads 175 (358,287)

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Spot Price Volatility, Futures Market Returns, Open interest, Net Financial Flows

The Response of Hours to a Technology Shock: Evidence Based on Direct Measures of Technology

Number of pages: 16 Posted: 25 Jan 2004
Lawrence J. Christiano, Martin Eichenbaum and Robert J. Vigfusson
Northwestern University, Northwestern University and Board of Governors of the Federal Reserve System
Downloads 117 (500,034)
Citation 29

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Productivity, long-run identifying assumption, Granger-causality

The Response of Hours to a Technology Shock: Evidence Based on Direct Measures of Technology

NBER Working Paper No. w10254
Number of pages: 16 Posted: 09 Feb 2004 Last Revised: 10 Jul 2022
Lawrence J. Christiano, Martin Eichenbaum and Robert J. Vigfusson
Northwestern University, Northwestern University and Board of Governors of the Federal Reserve System
Downloads 46 (860,804)

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22.
Downloads 151 (406,581)
Citation 7

Expectation Traps and Monetary Policy

Number of pages: 60 Posted: 18 Apr 2003
Columbia University, Graduate School of Arts and Sciences, Department of EconomicsNew York University (NYU) - Leonard N. Stern School of Business, University of Minnesota - Twin Cities - Department of Economics and Northwestern University
Downloads 88 (612,024)
Citation 1

Abstract:

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Expectation Traps and Monetary Policy

NBER Working Paper No. w8912
Number of pages: 54 Posted: 25 Apr 2002 Last Revised: 09 Nov 2022
Columbia University, Graduate School of Arts and Sciences, Department of EconomicsNew York University (NYU) - Leonard N. Stern School of Business, University of Minnesota - Twin Cities - Department of Economics and Northwestern University
Downloads 63 (740,212)
Citation 6

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23.

Asset Pricing Lessons for Modeling Business Cycles

NBER Working Paper No. w5262
Number of pages: 54 Posted: 11 Jul 2000 Last Revised: 19 Nov 2022
Michele Boldrin, Lawrence J. Christiano and Jonas D. M. Fisher
University of Minnesota - Twin Cities - Department of Economics, Northwestern University and Federal Reserve Bank of Chicago - Economic Research Department
Downloads 148 (413,313)
Citation 1

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Downloads 134 (447,226)
Citation 113

Understanding the Great Recession

FRB International Finance Discussion Paper No. 1107
Number of pages: 66 Posted: 02 Aug 2014
Lawrence J. Christiano, Martin Eichenbaum and Mathias Trabandt
Northwestern University, Northwestern University and Goethe University Frankfurt
Downloads 102 (554,912)
Citation 9

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Inflation, unemployment, labor force, zero lower bound

Understanding the Great Recession

NBER Working Paper No. w20040
Number of pages: 70 Posted: 14 Apr 2014 Last Revised: 05 Apr 2023
Lawrence J. Christiano, Martin Eichenbaum and Mathias Trabandt
Northwestern University, Northwestern University and Goethe University Frankfurt
Downloads 32 (993,787)
Citation 104

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25.

Risk Shocks

NBER Working Paper No. w18682
Number of pages: 62 Posted: 12 Jan 2013 Last Revised: 20 Jul 2023
Lawrence J. Christiano, Roberto Motto and Massimo Rostagno
Northwestern University, European Central Bank (ECB) and European Central Bank (ECB)
Downloads 123 (478,420)
Citation 300

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26.
Downloads 119 (490,722)
Citation 140

Unemployment and Business Cycles

FRB International Finance Discussion Paper No. 1089
Number of pages: 68 Posted: 05 Dec 2013
Lawrence J. Christiano, Martin Eichenbaum and Mathias Trabandt
Northwestern University, Northwestern University and Goethe University Frankfurt
Downloads 69 (705,153)
Citation 25

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unemployment, business cycles, wage inertia, Bayesian estimation

Unemployment and Business Cycles

NBER Working Paper No. w19265
Number of pages: 43 Posted: 01 Aug 2013 Last Revised: 20 Feb 2023
Lawrence J. Christiano, Martin Eichenbaum and Mathias Trabandt
Northwestern University, Northwestern University and Goethe University Frankfurt
Downloads 50 (829,085)
Citation 115

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27.

Unit Roots in Real Gnp: Do We Know, and Do We Care?

NBER Working Paper No. w3130
Number of pages: 56 Posted: 14 Jan 2001 Last Revised: 23 Jul 2022
Lawrence J. Christiano and Martin Eichenbaum
Northwestern University and Northwestern University
Downloads 116 (500,339)
Citation 3

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28.

The Effects of Monetary Policy Shocks: Some Evidence from the Flow of Funds

NBER Working Paper No. w4699
Number of pages: 53 Posted: 22 Jun 2000 Last Revised: 05 Nov 2022
Lawrence J. Christiano, Martin Eichenbaum and Charles L. Evans
Northwestern University, Northwestern University and Federal Reserve Bank of Chicago - Research Department
Downloads 114 (506,896)
Citation 79

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Tobin's Q and Asset Returns: Implications for Business Cycle Analysis

NBER Working Paper No. w5292
Number of pages: 62 Posted: 11 Jun 2000 Last Revised: 19 Jun 2022
Lawrence J. Christiano and Jonas D. M. Fisher
Northwestern University and Federal Reserve Bank of Chicago - Economic Research Department
Downloads 113 (513,499)

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Tobin's Q and Asset Returns: Implications for Business Cycle Analysis

Posted: 26 Sep 2008
Lawrence J. Christiano and Jonas D. M. Fisher
Northwestern University and Federal Reserve Bank of Chicago - Economic Research Department

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Asset prices, Equity premium, Tobin's q, Business cycle, Risk averson

30.

On DSGE Models

NBER Working Paper No. w24811
Number of pages: 37 Posted: 16 Jul 2018 Last Revised: 17 Apr 2023
Lawrence J. Christiano, Martin Eichenbaum and Mathias Trabandt
Northwestern University, Northwestern University and Goethe University Frankfurt
Downloads 106 (534,801)

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31.

Alternative Procedures for Estimating Vector Autoregressions Identified with Long-Run Restrictions

FEDS Working Paper No. 842
Number of pages: 13 Posted: 02 Nov 2005
Lawrence J. Christiano, Martin Eichenbaum and Robert J. Vigfusson
Northwestern University, Northwestern University and Board of Governors of the Federal Reserve System
Downloads 97 (568,902)
Citation 4

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Technology shocks, hours worked, frequency domain, spectral density matrix

32.

Understanding the Fiscal Theory of the Price Level

NBER Working Paper No. w7668
Number of pages: 66 Posted: 21 May 2000 Last Revised: 16 Dec 2022
Lawrence J. Christiano and Terry J. Fitzgerald
Northwestern University and Organization for Economic Co-Operation and Development (OECD)
Downloads 97 (568,902)
Citation 3

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33.

Stock Market and Investment Goods Prices: Implications for Macroeconomics

NBER Working Paper No. w10031
Number of pages: 33 Posted: 14 Oct 2003 Last Revised: 30 Nov 2022
Lawrence J. Christiano and Jonas D. M. Fisher
Northwestern University and Federal Reserve Bank of Chicago - Economic Research Department
Downloads 92 (588,288)

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34.

Identification and the Liquidity Effect of a Monetary Policy Shock

NBER Working Paper No. w3920
Number of pages: 52 Posted: 26 May 2004 Last Revised: 20 Mar 2022
Lawrence J. Christiano and Martin Eichenbaum
Northwestern University and Northwestern University
Downloads 89 (604,598)
Citation 2

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35.

Modeling Money

NBER Working Paper No. w6371
Number of pages: 46 Posted: 24 Jul 2000 Last Revised: 30 Nov 2022
Lawrence J. Christiano, Martin Eichenbaum and Charles L. Evans
Northwestern University, Northwestern University and Federal Reserve Bank of Chicago - Research Department
Downloads 88 (604,598)

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36.

Money Growth Monitoring and the Taylor Rule

NBER Working Paper No. w8539
Number of pages: 66 Posted: 11 Oct 2001 Last Revised: 02 Nov 2022
Lawrence J. Christiano and Massimo Rostagno
Northwestern University and European Central Bank (ECB)
Downloads 85 (617,501)
Citation 2

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37.

Solving Dynamic Equilibrium Models by a Method of Undetermined Coefficients

NBER Working Paper No. t0225
Number of pages: 42 Posted: 10 Jul 2000 Last Revised: 13 Feb 2022
Lawrence J. Christiano
Northwestern University
Downloads 85 (617,501)
Citation 2

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38.

Government Policy, Credit Markets and Economic Activity

NBER Working Paper No. w17142
Number of pages: 91 Posted: 20 Jun 2011
Lawrence J. Christiano and Daisuke Ikeda
Northwestern University and Bank of Japan
Downloads 81 (634,932)

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39.

Two Reasons Why Money and Credit May Be Useful in Monetary Policy

NBER Working Paper No. w13502
Number of pages: 43 Posted: 16 Oct 2007 Last Revised: 24 Nov 2022
Lawrence J. Christiano, Roberto Motto and Massimo Rostagno
Northwestern University, European Central Bank (ECB) and European Central Bank (ECB)
Downloads 81 (634,932)
Citation 1

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40.

How Do Canadian Hours Worked Respond to a Technology Shock?

Number of pages: 22 Posted: 06 Oct 2003
Lawrence J. Christiano, Martin Eichenbaum and Robert J. Vigfusson
Northwestern University, Northwestern University and Board of Governors of the Federal Reserve System
Downloads 76 (657,922)

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productivity, long-run restriction, hours worked, weak instruments

41.

Two Flaws in Business Cycle Dating

FRB of Cleveland Working Paper No. 06-12
Number of pages: 62 Posted: 19 Oct 2007
Lawrence J. Christiano, Joshua Mark Davis and Joshua Mark Davis
Northwestern University and Pacific Investment Management Company (PIMCO)Northwestern University - Department of Economics
Downloads 74 (667,630)

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business cycle accounting, financial frictions, intertemporal wedge, spillover effects

42.

Small Sample Properties of GMM for Business Cycle Analysis

NBER Working Paper No. t0177
Number of pages: 50 Posted: 11 Jul 2000 Last Revised: 28 Jun 2023
Lawrence J. Christiano and Wouter J. den Haan
Northwestern University and University of Amsterdam
Downloads 74 (667,630)

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43.

Sticky Price and Limited Participation Models of Money: A Comparison

NBER Working Paper No. w5804
Number of pages: 58 Posted: 20 Jan 1997 Last Revised: 12 Nov 2022
Lawrence J. Christiano, Martin Eichenbaum and Charles L. Evans
Northwestern University, Northwestern University and Federal Reserve Bank of Chicago - Research Department
Downloads 72 (677,598)
Citation 17

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44.

Is Theory Really Ahead of Measurement? Current Real Business Cycle Theories and Aggregate Labor Market Fluctuations

NBER Working Paper No. w2700
Number of pages: 59 Posted: 14 Jan 2001 Last Revised: 19 Nov 2022
Lawrence J. Christiano and Martin Eichenbaum
Northwestern University and Northwestern University
Downloads 66 (709,303)
Citation 44

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45.

The Expectations Trap Hypothesis

NBER Working Paper No. w7809
Number of pages: 42 Posted: 26 Jul 2000 Last Revised: 03 Apr 2022
Lawrence J. Christiano and Christopher Gust
Northwestern University and Board of Governors of the Federal Reserve System
Downloads 66 (709,303)
Citation 2

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46.

Liquidity Effects, Monetary Policy, and the Business Cycle

NBER Working Paper No. w4129
Number of pages: 51 Posted: 09 Jun 2004 Last Revised: 15 Oct 2022
Martin Eichenbaum and Lawrence J. Christiano
Northwestern University and Northwestern University
Downloads 65 (714,876)
Citation 4

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47.

Optimality of the Friedman Rule in Economies with Distorting Taxes

NBER Working Paper No. w4443
Number of pages: 27 Posted: 10 Jul 2007 Last Revised: 24 Aug 2022
Varadarajan V. Chari, Lawrence J. Christiano and Patrick J. Kehoe
University of Minnesota - Twin Cities - Department of Economics, Northwestern University and Federal Reserve Bank of Minneapolis - Research Department
Downloads 63 (726,322)
Citation 5

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48.

The Permanent Income Hypothesis Revisited

NBER Working Paper No. w2209
Number of pages: 66 Posted: 11 Jan 2001 Last Revised: 17 Jul 2022
Lawrence J. Christiano, Martin Eichenbaum and David A. Marshall
Northwestern University, Northwestern University and Federal Reserve Bank of Chicago
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49.

Liquidity Effects and the Monetary Transmission Mechanism

NBER Working Paper No. w3974
Number of pages: 15 Posted: 03 Jul 2007 Last Revised: 12 Nov 2022
Lawrence J. Christiano and Martin Eichenbaum
Northwestern University and Northwestern University
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50.

Inside Money, Outside Money and Short Term Interest Rates

NBER Working Paper No. w5269
Number of pages: 54 Posted: 15 Sep 2000 Last Revised: 29 Nov 2022
Varadarajan V. Chari, Lawrence J. Christiano and Martin Eichenbaum
University of Minnesota - Twin Cities - Department of Economics, Northwestern University and Northwestern University
Downloads 61 (737,814)
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51.

Chaos, Sunspots, and Automatic Stabilizers

NBER Working Paper No. w5703
Number of pages: 66 Posted: 15 Oct 1996 Last Revised: 03 Aug 2022
Lawrence J. Christiano and Sharon G. Harrison
Northwestern University and Barnard College
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52.

The Output, Employment, and Interest Rate Effects of Government Consumption

NBER Working Paper No. w3330
Number of pages: 47 Posted: 07 Aug 2007 Last Revised: 08 Aug 2022
S. Rao Aiyagari, Lawrence J. Christiano and Martin Eichenbaum
University of Rochester - William E. Simon Graduate School of Business Administration (Deceased), Northwestern University and Northwestern University
Downloads 58 (756,258)
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53.

How Severe is the Time Inconsistency Problem in Monetary Policy?

NBER Working Paper No. w8139
Number of pages: 38 Posted: 26 Feb 2001 Last Revised: 29 Sep 2022
Columbia University, Graduate School of Arts and Sciences, Department of EconomicsNew York University (NYU) - Leonard N. Stern School of Business, University of Minnesota - Twin Cities - Department of Economics and Northwestern University
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54.

Temporal Aggregation and Structural Inference in Macroeconomics

NBER Working Paper No. t0060
Number of pages: 76 Posted: 14 Jan 2001 Last Revised: 03 Mar 2023
Lawrence J. Christiano and Martin Eichenbaum
Northwestern University and Northwestern University
Downloads 57 (762,710)
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55.

Expectation Traps and Discretion

NBER Working Paper No. w5541
Number of pages: 39 Posted: 19 Aug 1996 Last Revised: 24 Aug 2022
Varadarajan V. Chari, Lawrence J. Christiano and Martin Eichenbaum
University of Minnesota - Twin Cities - Department of Economics, Northwestern University and Northwestern University
Downloads 55 (775,624)
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56.

Searching for a Break in Gnp

NBER Working Paper No. w2695
Number of pages: 34 Posted: 29 Jun 2004 Last Revised: 15 May 2022
Lawrence J. Christiano
Northwestern University
Downloads 54 (782,339)
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57.

Leverage Restrictions in a Business Cycle Model

NBER Working Paper No. w18688
Number of pages: 65 Posted: 12 Jan 2013 Last Revised: 26 Jul 2023
Lawrence J. Christiano and Daisuke Ikeda
Northwestern University and Bank of Japan
Downloads 52 (796,150)
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58.

Taylor Rules in a Limited Participation Model

NBER Working Paper No. w7017
Number of pages: 28 Posted: 08 Jun 1999 Last Revised: 03 Apr 2022
Lawrence J. Christiano and Christopher Gust
Northwestern University and Board of Governors of the Federal Reserve System
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59.

Optimal Monetary Policy in a 'Sudden Stop'

NBER Working Paper No. w13254
Number of pages: 50 Posted: 23 Jul 2007 Last Revised: 19 Sep 2022
Fabio Braggion, Lawrence J. Christiano and Jorge E. Roldos
Tilburg University - Tilburg University School of Economics and Management, Northwestern University and International Monetary Fund (IMF)
Downloads 47 (832,832)
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60.

Financialization in Commodity Markets

NBER Working Paper No. w23766
Number of pages: 52 Posted: 11 Sep 2017 Last Revised: 10 Jun 2023
Varadarajan V. Chari and Lawrence J. Christiano
University of Minnesota - Twin Cities - Department of Economics and Northwestern University
Downloads 45 (848,568)

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61.

The Conventional Treatment of Seasonality in Business Cycle Analysis: Does it Create Distortions?

NBER Working Paper No. t0266
Number of pages: 41 Posted: 14 Jan 2001 Last Revised: 26 Mar 2023
Lawrence J. Christiano and Richard M. Todd
Northwestern University and University of Minnesota - St. Paul - Department of Applied Economics
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62.

Discouraging Deviant Behavior in Monetary Economics

NBER Working Paper No. w24949
Number of pages: 40 Posted: 17 Sep 2018 Last Revised: 04 Mar 2023
Lawrence J. Christiano and Yuta Takahashi
Northwestern University and Hitotsubashi University - Institute of Economic Research
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63.

Optimal Fiscal Policy in a Business Cycle Model

NBER Working Paper No. w4490
Number of pages: 48 Posted: 11 Apr 2011 Last Revised: 10 Apr 2022
Varadarajan V. Chari, Lawrence J. Christiano and Patrick J. Kehoe
University of Minnesota - Twin Cities - Department of Economics, Northwestern University and Federal Reserve Bank of Minneapolis - Research Department
Downloads 36 (927,354)
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64.

Does the New Keynesian Model Have a Uniqueness Problem?

NBER Working Paper No. w24612
Number of pages: 51 Posted: 25 May 2018 Last Revised: 02 Apr 2023
Lawrence J. Christiano, Martin Eichenbaum and Benjamin K. Johannsen
Northwestern University, Northwestern University and Board of Governors of the Federal Reserve System
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65.

Why is Unemployment so Countercyclical?

NBER Working Paper No. w26723
Number of pages: 49 Posted: 03 Feb 2020 Last Revised: 09 Jul 2023
Lawrence J. Christiano, Martin Eichenbaum and Mathias Trabandt
Northwestern University, Northwestern University and Goethe University Frankfurt
Downloads 33 (956,693)
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66.

Measured Inflation and the New-Keynesian Model

FEDS Working Paper No. 2024-95
Number of pages: 12 Posted: 06 Jan 2025
Lawrence J. Christiano, Martin Eichenbaum and Benjamin K. Johannsen
Northwestern University, Northwestern University and Board of Governors of the Federal Reserve System
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New keynesian model, Inflation

67.

Financial Dollarization: Efficient Intranational Risk Sharing or Prescription for Disaster?

NBER Working Paper No. w29034
Number of pages: 59 Posted: 19 Jul 2021 Last Revised: 01 May 2023
Lawrence J. Christiano, Hüsnü Dalgic and Armen Nurbekyan
Northwestern University, University of Mannheim and Central Bank of Armenia
Downloads 23 (1,067,107)
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68.

Modeling the Great Recession as a Bank Panic: Challenges

NBER Working Paper No. w29955
Number of pages: 61 Posted: 18 Apr 2022 Last Revised: 14 Apr 2023
Lawrence J. Christiano, Hüsnü Dalgic and Xiaoming Li
Northwestern University, University of Mannheim and University of International Business and Economics (UIBE) - School of International Trade and Economics (SITE)
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69.

Slow Learning

NBER Working Paper No. w32358
Number of pages: 80 Posted: 29 Apr 2024
Lawrence J. Christiano, Martin Eichenbaum and Benjamin K. Johannsen
Northwestern University, Northwestern University and Board of Governors of the Federal Reserve System
Downloads 10 (1,229,432)
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