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

60

DOWNLOADS
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SSRN RANKINGS

Top 3,943

in Total Papers Downloads

8,139

CITATIONS
Rank 65

SSRN RANKINGS

Top 65

in Total Papers Citations

3,232

Scholarly Papers (60)

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 1,042 (9,360)
Citation 55

Abstract:

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

2.
Downloads 682 ( 29,309)
Citation 51

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 J. Gust and Jorge E. Roldos
Northwestern University, Federal Reserve Board - Trade and Financial Studies and International Monetary Fund (IMF)
Downloads 650 (30,808)
Citation 51

Abstract:

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
Lawrence J. Christiano, Christopher J. Gust and Jorge E. Roldos
Northwestern University, Federal Reserve Board - Trade and Financial Studies and International Monetary Fund (IMF)
Downloads 32 (390,926)
Citation 51

Abstract:

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 361 (65,149)
Citation 70

Abstract:

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 174 (140,728)
Citation 70

Abstract:

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
Lawrence J. Christiano, Roberto Motto and Massimo Rostagno
Northwestern University, European Central Bank (ECB) and European Central Bank (ECB)
Downloads 37 (370,990)
Citation 70

Abstract:

4.

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 540 (36,305)
Citation 64

Abstract:

DSGE Models, Monetary Policy, Asset price boom-busts

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, Board of Governors of the Federal Reserve System and Sveriges Riksbank
Downloads 371 (63,053)
Citation 19

Abstract:

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, Board of Governors of the Federal Reserve System and Sveriges Riksbank
Downloads 35 (378,642)
Citation 19

Abstract:

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

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 260 (94,552)
Citation 822

Abstract:

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
Lawrence J. Christiano, Martin Eichenbaum and Charles L. Evans
Northwestern University, Northwestern University and Federal Reserve Bank of Chicago - Research Department
Downloads 87 (241,189)
Citation 822

Abstract:

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

Journal of Political Economy, Vol. 113, pp. 1-45, February 2005
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

Abstract:

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, Jesper Lindé, Lawrence J. Christiano and Martin Eichenbaum
Federal Reserve Banks - Federal Reserve Bank of Atlanta, Sveriges Riksbank - Research Division, Northwestern University and Northwestern University
Downloads 203 (121,759)
Citation 154

Abstract:

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, Lawrence J. Christiano and Jesper Lindé
Federal Reserve Banks - Federal Reserve Bank of Atlanta, Northwestern University and Sveriges Riksbank - Research Division
Downloads 40 (360,001)
Citation 153

Abstract:

Firm-Specific Capital, Nominal Rigidities and the Business Cycle

NBER Working Paper No. w11034
Number of pages: 50 Posted: 03 Feb 2005
Federal Reserve Banks - Federal Reserve Bank of Atlanta, Northwestern University, Sveriges Riksbank - Research Division, Northwestern University and Board of Governors of the Federal Reserve System
Downloads 33 (386,738)
Citation 154

Abstract:

Firm-Specific Capital, Nominal Rigidities and the Business Cycle

CEPR Discussion Paper No. 4858
Number of pages: 52 Posted: 11 May 2005
David Altig, Jesper Lindé, Lawrence J. Christiano and Martin Eichenbaum
Federal Reserve Banks - Federal Reserve Bank of Atlanta, Sveriges Riksbank - Research Division, Northwestern University and Northwestern University
Downloads 20 (452,860)
Citation 154
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Abstract:

8.
Downloads 281 ( 87,360)
Citation 61

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 237 (104,285)
Citation 61

Abstract:

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
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 44 (346,223)
Citation 61

Abstract:

9.

Inflation and Monetary Policy in the Twentieth Century

Economic Perspectives, First Quarter, 2003
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 267 (86,371)
Citation 11

Abstract:

10.
Downloads 248 ( 99,916)
Citation 14

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, Board of Governors of the Federal Reserve System and Sveriges Riksbank
Downloads 193 (127,746)
Citation 14

Abstract:

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
Lawrence J. Christiano, Mathias Trabandt and Karl Walentin
Northwestern University, Board of Governors of the Federal Reserve System and Sveriges Riksbank
Downloads 55 (312,551)
Citation 14

Abstract:

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 Vigfusson
Northwestern University and Federal Reserve Board - Trade and Quantitative Studies
Downloads 153 (157,606)
Citation 4

Abstract:

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

NBER Working Paper No. w7027
Number of pages: 17 Posted: 25 Jul 2000
Lawrence J. Christiano and Robert Vigfusson
Northwestern University and Federal Reserve Board - Trade and Quantitative Studies
Downloads 25 (424,627)
Citation 4

Abstract:

12.
Downloads 174 (140,766)
Citation 10

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 and Joshua Mark Davis
Northwestern University and Pacific Investment Management Company (PIMCO)
Downloads 146 (164,160)
Citation 10

Abstract:

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
Lawrence J. Christiano and Joshua Mark Davis
Northwestern University and Pacific Investment Management Company (PIMCO)
Downloads 28 (409,279)
Citation 10

Abstract:

13.
Downloads 160 (151,484)
Citation 92

What Happens After a Technology Shock?

FRB International Finance Discussion Paper No. 768
Number of pages: 54 Posted: 18 Aug 2003
Lawrence J. Christiano, Martin Eichenbaum and Robert Vigfusson
Northwestern University, Northwestern University and Federal Reserve Board - Trade and Quantitative Studies
Downloads 98 (222,797)
Citation 92

Abstract:

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
Lawrence J. Christiano, Martin Eichenbaum and Robert Vigfusson
Northwestern University, Northwestern University and Federal Reserve Board - Trade and Quantitative Studies
Downloads 62 (294,188)
Citation 92

Abstract:

14.
Downloads 147 (162,899)
Citation 8

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, Board of Governors of the Federal Reserve System and Sveriges Riksbank
Downloads 55 (312,551)
Citation 8

Abstract:

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

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, Board of Governors of the Federal Reserve System and Sveriges Riksbank
Downloads 36 (374,797)
Citation 8

Abstract:

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, Board of Governors of the Federal Reserve System and Sveriges Riksbank
Downloads 31 (395,275)
Citation 8

Abstract:

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

Involuntary Unemployment and the Business Cycle

NBER Working Paper No. w15801
Number of pages: 53 Posted: 08 Mar 2010
Lawrence J. Christiano, Mathias Trabandt and Karl Walentin
Northwestern University, Board of Governors of the Federal Reserve System and Sveriges Riksbank
Downloads 25 (424,627)
Citation 8

Abstract:

15.
Downloads 140 (169,573)
Citation 83

When is the Government Spending Multiplier Large?

NBER Working Paper No. w15394
Number of pages: 68 Posted: 05 Oct 2009
Lawrence J. Christiano, Martin Eichenbaum and Sergio T. Rebelo
Northwestern University, Northwestern University and Northwestern University - Kellogg School of Management
Downloads 80 (254,371)
Citation 83

Abstract:

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 Rebelo
Northwestern University, Northwestern University and affiliation not provided to SSRN
Downloads 60 (299,193)
Citation 83

Abstract:

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 109 (206,445)
Citation 20

Abstract:

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
Lawrence J. Christiano, Roberto Motto and Massimo Rostagno
Northwestern University, European Central Bank (ECB) and European Central Bank (ECB)
Downloads 24 (430,119)
Citation 20

Abstract:

17.
Downloads 127 (183,260)
Citation 30

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 Vigfusson
Northwestern University, Northwestern University and Federal Reserve Board - Trade and Quantitative Studies
Downloads 101 (218,128)
Citation 30

Abstract:

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
Lawrence J. Christiano, Martin Eichenbaum and Robert Vigfusson
Northwestern University, Northwestern University and Federal Reserve Board - Trade and Quantitative Studies
Downloads 26 (419,406)
Citation 30

Abstract:

18.

The Band Pass Filter

NBER Working Paper No. w7257
Number of pages: 73 Posted: 09 Mar 2000
Lawrence J. Christiano and Terry J. Fitzgerald
Northwestern University and Organization for Economic Co-Operation and Development (OECD)
Downloads 121 (161,099)
Citation 149

Abstract:

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

FRB International Finance Discussion Paper No. 790
Number of pages: 16 Posted: 25 Jan 2004
Lawrence J. Christiano, Martin Eichenbaum and Robert Vigfusson
Northwestern University, Northwestern University and Federal Reserve Board - Trade and Quantitative Studies
Downloads 85 (244,851)
Citation 30

Abstract:

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
Lawrence J. Christiano, Martin Eichenbaum and Robert Vigfusson
Northwestern University, Northwestern University and Federal Reserve Board - Trade and Quantitative Studies
Downloads 22 (441,400)
Citation 30

Abstract:

20.

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

NBER Working Paper No. w6400
Number of pages: 95 Posted: 21 Jul 2000
Lawrence J. Christiano, Martin Eichenbaum and Charles L. Evans
Northwestern University, Northwestern University and Federal Reserve Bank of Chicago - Research Department
Downloads 107 (196,328)
Citation 455

Abstract:

21.
Downloads 89 (235,899)
Citation 35

Expectation Traps and Monetary Policy

FRB of Chicago Working Paper No. 2002-04
Number of pages: 60 Posted: 18 Apr 2003
Stefania Albanesi, Varadarajan V. Chari and Lawrence J. Christiano
Columbia University, Graduate School of Arts and Sciences, Department of Economics, University of Minnesota - Twin Cities - Department of Economics and Northwestern University
Downloads 67 (282,208)
Citation 35

Abstract:

Expectation Traps and Monetary Policy

NBER Working Paper No. w8912
Number of pages: 54 Posted: 25 Apr 2002
Stefania Albanesi, Varadarajan V. Chari and Lawrence J. Christiano
Columbia University, Graduate School of Arts and Sciences, Department of Economics, University of Minnesota - Twin Cities - Department of Economics and Northwestern University
Downloads 22 (441,400)
Citation 35

Abstract:

22.

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
Lawrence J. Christiano and Martin Eichenbaum
Northwestern University and Northwestern University
Downloads 81 (250,121)
Citation 19

Abstract:

23.
Downloads 76 (259,831)

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 Board of Governors of the Federal Reserve System
Downloads 56 (309,803)

Abstract:

Inflation, unemployment, labor force, zero lower bound

Understanding the Great Recession

NBER Working Paper No. w20040
Number of pages: 70 Posted: 14 Apr 2014
Lawrence J. Christiano, Martin Eichenbaum and Mathias Trabandt
Northwestern University, Northwestern University and Board of Governors of the Federal Reserve System
Downloads 20 (452,860)

Abstract:

24.

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 Vigfusson
Northwestern University, Northwestern University and Federal Reserve Board - Trade and Quantitative Studies
Downloads 67 (270,186)
Citation 1

Abstract:

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

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

NBER Working Paper No. w5292
Number of pages: 62 Posted: 11 Jun 2000
Lawrence J. Christiano and Jonas D. M. Fisher
Northwestern University and Federal Reserve Bank of Chicago - Economic Research Department
Downloads 66 (284,521)
Citation 4

Abstract:

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

Abstract:

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

26.

Stock Market and Investment Goods Prices: Implications for Macroeconomics

NBER Working Paper No. w10031
Number of pages: 33 Posted: 14 Oct 2003
Lawrence J. Christiano and Jonas D. M. Fisher
Northwestern University and Federal Reserve Bank of Chicago - Economic Research Department
Downloads 54 (305,436)
Citation 22

Abstract:

27.

Modeling Money

NBER Working Paper No. w6371
Number of pages: 46 Posted: 24 Jul 2000
Lawrence J. Christiano, Martin Eichenbaum and Charles L. Evans
Northwestern University, Northwestern University and Federal Reserve Bank of Chicago - Research Department
Downloads 53 (305,436)
Citation 18

Abstract:

28.
Downloads 49 (324,915)

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 Board of Governors of the Federal Reserve System
Downloads 30 (399,843)

Abstract:

unemployment, business cycles, wage inertia, Bayesian estimation

Unemployment and Business Cycles

NBER Working Paper No. w19265
Number of pages: 43 Posted: 01 Aug 2013
Lawrence J. Christiano, Martin Eichenbaum and Mathias Trabandt
Northwestern University, Northwestern University and Board of Governors of the Federal Reserve System
Downloads 19 (458,703)

Abstract:

29.

How do Canadian Hours Worked Respond to a Technology Shock?

FRB International Finance Discussion Paper No. 774
Number of pages: 22 Posted: 06 Oct 2003
Lawrence J. Christiano, Martin Eichenbaum and Robert Vigfusson
Northwestern University, Northwestern University and Federal Reserve Board - Trade and Quantitative Studies
Downloads 48 (319,143)
Citation 1

Abstract:

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

30.

Solving Dynamic Equilibrium Models by a Method of Undetermined Coefficients

NBER Working Paper No. t0225
Number of pages: 42 Posted: 10 Jul 2000
Lawrence J. Christiano
Northwestern University
Downloads 48 (328,010)
Citation 34

Abstract:

31.

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
Lawrence J. Christiano, Martin Eichenbaum and Charles L. Evans
Northwestern University, Northwestern University and Federal Reserve Bank of Chicago - Research Department
Downloads 47 (321,967)
Citation 155

Abstract:

32.

Money Growth Monitoring and the Taylor Rule

NBER Working Paper No. w8539
Number of pages: 66 Posted: 11 Oct 2001
Lawrence J. Christiano and Massimo Rostagno
Northwestern University and European Central Bank (ECB)
Downloads 45 (324,915)
Citation 37

Abstract:

33.

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 and Joshua Mark Davis
Northwestern University and Pacific Investment Management Company (PIMCO)
Downloads 41 (336,883)
Citation 10

Abstract:

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

34.

Identification and the Liquidity Effect of a Monetary Policy Shock

NBER Working Paper No. w3920
Number of pages: 52 Posted: 26 May 2004
Lawrence J. Christiano and Martin Eichenbaum
Northwestern University and Northwestern University
Downloads 41 (321,967)
Citation 32

Abstract:

35.

Asset Pricing Lessons for Modeling Business Cycles

NBER Working Paper No. w5262
Number of pages: 54 Posted: 11 Jul 2000
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 39 (343,125)
Citation 15

Abstract:

36.

Understanding the Fiscal Theory of the Price Level

NBER Working Paper No. w7668
Number of pages: 66 Posted: 21 May 2000
Lawrence J. Christiano and Terry J. Fitzgerald
Northwestern University and Organization for Economic Co-Operation and Development (OECD)
Downloads 39 (339,976)
Citation 36

Abstract:

37.

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
Lawrence J. Christiano, Roberto Motto and Massimo Rostagno
Northwestern University, European Central Bank (ECB) and European Central Bank (ECB)
Downloads 38 (343,125)
Citation 18

Abstract:

38.

Small Sample Properties of GMM for Business Cycle Analysis

NBER Working Paper No. t0177
Number of pages: 50 Posted: 11 Jul 2000
Lawrence J. Christiano and Wouter J. den Haan
Northwestern University and University of Amsterdam
Downloads 36 (356,273)
Citation 11

Abstract:

39.

Optimality of the Friedman Rule in Economies with Distorting Taxes

NBER Working Paper No. w4443
Number of pages: 27 Posted: 10 Jul 2007
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 33 (366,663)
Citation 29

Abstract:

40.

The Permanent Income Hypothesis Revisited

NBER Working Paper No. w2209
Number of pages: 66 Posted: 11 Jan 2001
Lawrence J. Christiano, Martin Eichenbaum and David A. Marshall
Northwestern University, Northwestern University and Federal Reserve Bank of Chicago
Downloads 33 (377,777)
Citation 20

Abstract:

41.

Inside Money, Outside Money and Short Term Interest Rates

NBER Working Paper No. w5269
Number of pages: 54 Posted: 15 Sep 2000
Varadarajan V. Chari, Lawrence J. Christiano and Martin Eichenbaum
University of Minnesota - Twin Cities - Department of Economics, Northwestern University and Northwestern University
Downloads 33 (356,273)
Citation 19

Abstract:

42.

Liquidity Effects and the Monetary Transmission Mechanism

NBER Working Paper No. w3974
Number of pages: 15 Posted: 03 Jul 2007
Lawrence J. Christiano and Martin Eichenbaum
Northwestern University and Northwestern University
Downloads 31 (373,992)
Citation 62

Abstract:

43.

Chaos, Sunspots, and Automatic Stabilizers

NBER Working Paper No. w5703
Number of pages: 66 Posted: 15 Oct 1996
Lawrence J. Christiano and Sharon G. Harrison
Northwestern University and Columbia University, Barnard College - Department of Economics
Downloads 31 (385,629)
Citation 20

Abstract:

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
Lawrence J. Christiano and Martin Eichenbaum
Northwestern University and Northwestern University
Downloads 30 (381,650)
Citation 45

Abstract:

45.

Searching for a Break in Gnp

NBER Working Paper No. w2695
Number of pages: 34 Posted: 29 Jun 2004
Lawrence J. Christiano
Northwestern University
Downloads 28 (381,650)
Citation 43

Abstract:

46.

Liquidity Effects, Monetary Policy, and the Business Cycle

NBER Working Paper No. w4129
Number of pages: 51 Posted: 09 Jun 2004
Martin Eichenbaum and Lawrence J. Christiano
Northwestern University and Northwestern University
Downloads 24 (389,807)
Citation 37

Abstract:

47.

Temporal Aggregation and Structural Inference in Macroeconomics

NBER Working Paper No. t0060
Number of pages: 76 Posted: 14 Jan 2001
Lawrence J. Christiano and Martin Eichenbaum
Northwestern University and Northwestern University
Downloads 24 (402,980)
Citation 14

Abstract:

48.

How Severe is the Time Inconsistency Problem in Monetary Policy?

NBER Working Paper No. w8139
Number of pages: 38 Posted: 26 Feb 2001
Stefania Albanesi, Varadarajan V. Chari and Lawrence J. Christiano
Columbia University, Graduate School of Arts and Sciences, Department of Economics, University of Minnesota - Twin Cities - Department of Economics and Northwestern University
Downloads 23 (407,754)
Citation 10

Abstract:

49.

The Expectations Trap Hypothesis

NBER Working Paper No. W7809
Number of pages: 42 Posted: 26 Jul 2000
Lawrence J. Christiano and Christopher J. Gust
Northwestern University and Federal Reserve Board - Trade and Financial Studies
Downloads 23 (402,980)
Citation 22

Abstract:

50.

Optimal Monetary Policy in a &Apos;Sudden Stop&Apos;

NBER Working Paper No. w13254
Number of pages: 50 Posted: 23 Jul 2007
Fabio Braggion, Lawrence J. Christiano and Jorge E. Roldos
Tilburg University - Center and Faculty of Economics and Business Administration, Northwestern University and International Monetary Fund (IMF)
Downloads 22 (412,436)
Citation 7

Abstract:

51.

Taylor Rules in a Limited Participation Model

NBER Working Paper No. w7017
Number of pages: 28 Posted: 08 Jun 1999
Lawrence J. Christiano and Christopher J. Gust
Northwestern University and Federal Reserve Board - Trade and Financial Studies
Downloads 22 (412,436)
Citation 20

Abstract:

52.

Sticky Price and Limited Participation Models of Money: A Comparison

NBER Working Paper No. w5804
Number of pages: 58 Posted: 20 Jan 1997
Lawrence J. Christiano, Martin Eichenbaum and Charles L. Evans
Northwestern University, Northwestern University and Federal Reserve Bank of Chicago - Research Department
Downloads 22 (398,483)
Citation 81

Abstract:

53.

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

NBER Working Paper No. w3330
Number of pages: 47 Posted: 07 Aug 2007
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
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Citation 27

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54.

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 England
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Citation 4

Abstract:

55.

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
Lawrence J. Christiano and Richard M. Todd
Northwestern University and Federal Reserve Bank of Minneapolis
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Citation 10

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56.

Expectation Traps and Discretion

NBER Working Paper No. w5541
Number of pages: 39 Posted: 19 Aug 1996
Varadarajan V. Chari, Lawrence J. Christiano and Martin Eichenbaum
University of Minnesota - Twin Cities - Department of Economics, Northwestern University and Northwestern University
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Citation 28

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57.

Optimal Fiscal Policy in a Business Cycle Model

NBER Working Paper No. w4490
Number of pages: 48 Posted: 11 Apr 2011
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
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Citation 72

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58.

Leverage Restrictions in a Business Cycle Model

NBER Working Paper No. w18688
Number of pages: 65 Posted: 12 Jan 2013
Lawrence J. Christiano and Daisuke Ikeda
Northwestern University and Bank of England
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Citation 1

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59.

Risk Shocks

NBER Working Paper No. w18682
Number of pages: 62 Posted: 12 Jan 2013
Lawrence J. Christiano, Roberto Motto and Massimo Rostagno
Northwestern University, European Central Bank (ECB) and European Central Bank (ECB)
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Citation 10

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60.

Christopher a. Sims and Vector Autoregressions

The Scandinavian Journal of Economics, Vol. 114, Issue 4, pp. 1082-1104, 2012
Number of pages: 23 Posted: 27 Nov 2012
Lawrence J. Christiano
Northwestern University
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Abstract:

Bayesian econometrics, dynamic stochastic general equilibrium model, generalized method of moments, Granger causality, identification, impulse response function, New Keynesian model, Nobel laureates, vector autoregression