Richard Clarida

Columbia University - Graduate School of Arts and Sciences - Department of Eco

Head of Economics Department

420 W. 118th Street

New York, NY 10027

United States

National Bureau of Economic Research (NBER)

365 Fifth Avenue, 5th Floor

New York, NY 10016-4309

United States

SCHOLARLY PAPERS

38

DOWNLOADS
Rank 24,196

SSRN RANKINGS

Top 24,196

in Total Papers Downloads

4,062

SSRN CITATIONS
Rank 306

SSRN RANKINGS

Top 306

in Total Papers Citations

1,272

CROSSREF CITATIONS

2,592

Scholarly Papers (38)

1.
Downloads 1,144 (36,253)
Citation 1,010

The Science of Monetary Policy: A New Keynesian Perspective

Universitat Pompeu Fabra Economics WP No. 356
Number of pages: 99 Posted: 09 Jun 1999
Richard Clarida, Jordi Galí and Mark Gertler
Columbia University - Graduate School of Arts and Sciences - Department of Eco, Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and New York University - Leonard N. Stern School of Business - Department of Economics
Downloads 867 (52,782)
Citation 156

Abstract:

Loading...

The Science of Monetary Policy: a New Keynesian Perspective

NBER Working Paper No. w7147
Number of pages: 105 Posted: 13 Aug 1999 Last Revised: 14 Jul 2022
Richard Clarida, Jordi Galí and Mark Gertler
Columbia University - Graduate School of Arts and Sciences - Department of Eco, Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and New York University - Leonard N. Stern School of Business - Department of Economics
Downloads 277 (208,222)
Citation 245

Abstract:

Loading...

Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory

NBER Working Paper No. w6442
Number of pages: 38 Posted: 21 Jul 2000 Last Revised: 10 Aug 2022
Richard Clarida, Jordi Galí and Mark Gertler
Columbia University - Graduate School of Arts and Sciences - Department of Eco, Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and New York University - Leonard N. Stern School of Business - Department of Economics
Downloads 353 (160,956)
Citation 46

Abstract:

Loading...

Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory

CEPR Discussion Paper Series Number 1908
Posted: 24 Sep 1998
Richard Clarida, Jordi Galí and Mark Gertler
Columbia University - Graduate School of Arts and Sciences - Department of Eco, Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and New York University - Leonard N. Stern School of Business - Department of Economics

Abstract:

Loading...

Monetary Policy Rules in Practice: Some International Evidence

NBER Working Paper No. w6254
Number of pages: 47 Posted: 21 Jul 2000 Last Revised: 05 Aug 2022
Richard Clarida, Jordi Galí and Mark Gertler
Columbia University - Graduate School of Arts and Sciences - Department of Eco, Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and New York University - Leonard N. Stern School of Business - Department of Economics
Downloads 308 (186,213)
Citation 47

Abstract:

Loading...

Monetary Policy Rules in Practice: Some International Evidence

CEPR Discussion Paper Series Number 1750
Posted: 27 Feb 1998
Richard Clarida, Jordi Galí and Mark Gertler
Columbia University - Graduate School of Arts and Sciences - Department of Eco, Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and New York University - Leonard N. Stern School of Business - Department of Economics

Abstract:

Loading...

The Out-of-Sample Success of Term Structure Models as Exchange Rate Predictors: A Step Beyond

NBER Working Paper No. w8601
Number of pages: 39 Posted: 17 Nov 2001 Last Revised: 02 Jan 2022
Columbia University - Graduate School of Arts and Sciences - Department of Eco, University of Cambridge - Judge Business School, Washington University in St. Louis - John M. Olin Business School and Hong Kong Institute for Monetary and Financial Research (HKIMR)
Downloads 147 (374,822)
Citation 8

Abstract:

Loading...

The Out-of-Sample Success of Term Structure Models as Exchange Rate Predictors: A Step Beyond

Number of pages: 40 Posted: 23 Apr 2002
Columbia University - Graduate School of Arts and Sciences - Department of Eco, University of Cambridge - Judge Business School, Washington University in St. Louis - John M. Olin Business School and Hong Kong Institute for Monetary and Financial Research (HKIMR)
Downloads 37 (842,073)
Citation 4
  • Add to Cart

Abstract:

Loading...

Foreign exchange, term structure, forecasting, non-linearity, Markov switching

5.

Currency Carry Trade Regimes: Beyond the Fama Regression

NBER Working Paper No. w15523
Number of pages: 31 Posted: 24 Nov 2009 Last Revised: 02 Jun 2023
Richard Clarida, Josh Davis and Niels Pedersen
Columbia University - Graduate School of Arts and Sciences - Department of Eco, Pacific Investment Management Company (PIMCO) and Pimco
Downloads 138 (393,539)
Citation 7

Abstract:

Loading...

A Simple Framework for International Monetary Policy Analysis

NBER Working Paper No. w8870
Number of pages: 35 Posted: 04 Apr 2002 Last Revised: 28 Sep 2022
Richard Clarida, Jordi Galí and Mark Gertler
Columbia University - Graduate School of Arts and Sciences - Department of Eco, Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and New York University - Leonard N. Stern School of Business - Department of Economics
Downloads 109 (473,351)
Citation 2

Abstract:

Loading...

A Simple Framework for International Monetary Policy Analysis

Number of pages: 37 Posted: 11 Jun 2002
Richard Clarida, Jordi Galí and Mark Gertler
Columbia University - Graduate School of Arts and Sciences - Department of Eco, Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and New York University - Leonard N. Stern School of Business - Department of Economics
Downloads 28 (922,248)
Citation 21
  • Add to Cart

Abstract:

Loading...

International monetary policy, Nash equilibrium, co-operation, marginal cost

7.

Sources of Real Exchange Rate Fluctuations: How Important are Nominal Shocks?

NBER Working Paper No. w4658
Number of pages: 84 Posted: 10 Jul 2000 Last Revised: 25 Sep 2022
Richard Clarida and Jordi Galí
Columbia University - Graduate School of Arts and Sciences - Department of Eco and Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 135 (400,360)
Citation 37

Abstract:

Loading...

8.

Optimal Monetary Policy in Closed Versus Open Economies: An Integrated Approach

NBER Working Paper No. w8604
Number of pages: 14 Posted: 17 Nov 2001 Last Revised: 07 Jul 2022
Richard Clarida, Jordi Galí and Mark Gertler
Columbia University - Graduate School of Arts and Sciences - Department of Eco, Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and New York University - Leonard N. Stern School of Business - Department of Economics
Downloads 118 (443,627)
Citation 25

Abstract:

Loading...

The Global Factor in Neutral Policy Rates: Some Implications for Exchange Rates, Monetary Policy, and Policy Coordination

BIS Working Paper No. 732
Number of pages: 42 Posted: 16 Jul 2018
Richard Clarida
Columbia University - Graduate School of Arts and Sciences - Department of Eco
Downloads 74 (609,735)
Citation 1

Abstract:

Loading...

monetary policy, policy coordination, exchange rates, r*

The Global Factor in Neutral Policy Rates: Some Implications for Exchange Rates, Monetary Policy, and Policy Coordination

NBER Working Paper No. w23562
Number of pages: 27 Posted: 10 Jul 2017 Last Revised: 20 May 2023
Richard Clarida
Columbia University - Graduate School of Arts and Sciences - Department of Eco
Downloads 30 (903,442)

Abstract:

Loading...

10.

Is Bad News About Inflation Good News for the Exchange Rate?

NBER Working Paper No. w13010
Number of pages: 40 Posted: 14 Jul 2006 Last Revised: 21 Jul 2022
Richard Clarida and Daniel Waldman
Columbia University - Graduate School of Arts and Sciences - Department of Eco and Columbia University, Graduate School of Arts and Sciences, Department of Economics
Downloads 95 (517,254)
Citation 5

Abstract:

Loading...

11.

How the Bundesbank Conducts Monetary Policy

NBER Working Paper No. w5581
Number of pages: 71 Posted: 07 Oct 1996 Last Revised: 03 Apr 2022
Richard Clarida and Mark Gertler
Columbia University - Graduate School of Arts and Sciences - Department of Eco and New York University - Leonard N. Stern School of Business - Department of Economics
Downloads 88 (542,960)
Citation 7

Abstract:

Loading...

12.

The Dollar and Real Interest Rates

NBER Working Paper No. w2151
Number of pages: 48 Posted: 21 Mar 2007 Last Revised: 19 Nov 2022
Richard Clarida
Columbia University - Graduate School of Arts and Sciences - Department of Eco
Downloads 83 (562,711)

Abstract:

Loading...

13.

The Term Structure of Forward Exchange Premia and the Forecastibility of Spot Exchange Rates: Correcting the Errors

NBER Working Paper No. w4442
Number of pages: 35 Posted: 26 Apr 2001 Last Revised: 22 Aug 2022
Richard Clarida and Mark P. Taylor
Columbia University - Graduate School of Arts and Sciences - Department of Eco and Washington University in St. Louis - John M. Olin Business School
Downloads 81 (571,004)

Abstract:

Loading...

14.

International Capital Mobility, Public Investment and Economic Growth

NBER Working Paper No. w4506
Number of pages: 30 Posted: 15 Sep 2000 Last Revised: 26 Oct 2022
Richard Clarida
Columbia University - Graduate School of Arts and Sciences - Department of Eco
Downloads 78 (583,658)

Abstract:

Loading...

15.

The Empirics of Monetary Policy Rules in Open Economies

NBER Working Paper No. w8603
Number of pages: 25 Posted: 17 Nov 2001 Last Revised: 06 Jul 2022
Richard Clarida
Columbia University - Graduate School of Arts and Sciences - Department of Eco
Downloads 72 (610,341)
Citation 1

Abstract:

Loading...

16.

G7 Current Account Imbalances: Sustainability and Adjustment

NBER Working Paper No. w12194
Number of pages: 9 Posted: 25 May 2006 Last Revised: 29 Oct 2022
Richard Clarida
Columbia University - Graduate School of Arts and Sciences - Department of Eco
Downloads 66 (639,192)

Abstract:

Loading...

17.

G3 Exchange Rate Relationships: A Recap of the Record and a Review of Proposals for Change

NBER Working Paper No. w7434
Number of pages: 80 Posted: 30 Apr 2000 Last Revised: 26 Oct 2022
Richard Clarida
Columbia University - Graduate School of Arts and Sciences - Department of Eco
Downloads 62 (659,939)

Abstract:

Loading...

18.

The Real Exchange Rate, Exports, and Manufacturing Profits: A Theoreti- Cal Framework with Some Empirical Support

NBER Working Paper No. w3811
Number of pages: 23 Posted: 29 Oct 2000 Last Revised: 02 Dec 2022
Richard Clarida
Columbia University - Graduate School of Arts and Sciences - Department of Eco
Downloads 58 (681,507)
Citation 1

Abstract:

Loading...

19.

Endogenous Comparative Advantage, Government, and the Pattern of Trade

NBER Working Paper No. w3813
Number of pages: 40 Posted: 06 Jan 2007 Last Revised: 04 Dec 2022
Richard Clarida and Robert Findlay
Columbia University - Graduate School of Arts and Sciences - Department of Eco and Columbia University, Graduate School of Arts and Sciences, Department of Economics
Downloads 53 (710,180)
Citation 1

Abstract:

Loading...

20.

Fiscal Stance and the Real Exchange: Some Empirical Estimates

NBER Working Paper No. w7077
Number of pages: 22 Posted: 30 Apr 2000 Last Revised: 04 Nov 2022
Richard Clarida and Joe Prendergast
Columbia University - Graduate School of Arts and Sciences - Department of Eco and Credit Suisse First Boston
Downloads 53 (710,180)

Abstract:

Loading...

21.

Household Saving and Permanent Income in Canada and the United Kingdom

NBER Working Paper No. w2223
Number of pages: 32 Posted: 15 Jan 2007 Last Revised: 31 Jul 2022
John Y. Campbell and Richard Clarida
Harvard University - Department of Economics and Columbia University - Graduate School of Arts and Sciences - Department of Eco
Downloads 52 (716,402)

Abstract:

Loading...

22.

Recent G3 Current Account Imbalances: How Important are Structural Factors?

NBER Working Paper No. w6935
Number of pages: 27 Posted: 23 Jun 1999 Last Revised: 15 Dec 2022
Richard Clarida and Joe Prendergast
Columbia University - Graduate School of Arts and Sciences - Department of Eco and Credit Suisse First Boston
Downloads 51 (722,560)

Abstract:

Loading...

23.

The Term Structure of Euromarket Interest Rates: an Empirical Investigation

NBER Working Paper No. w1946
Number of pages: 35 Posted: 11 Apr 2007 Last Revised: 29 Oct 2022
John Y. Campbell and Richard Clarida
Harvard University - Department of Economics and Columbia University - Graduate School of Arts and Sciences - Department of Eco
Downloads 49 (735,177)
Citation 2

Abstract:

Loading...

24.

Co-Integration, Aggregate Consumption, and the Demand for Imports: A Structural Econometric Investigation

NBER Working Paper No. w3812
Number of pages: 31 Posted: 13 Sep 2001 Last Revised: 04 Dec 2022
Richard Clarida
Columbia University - Graduate School of Arts and Sciences - Department of Eco
Downloads 49 (735,177)

Abstract:

Loading...

25.

The Balance of Payments Adjustment Mechanism in a Rational Expectations Equilibrium

NBER Working Paper No. w1945
Number of pages: 26 Posted: 05 Jul 2004 Last Revised: 27 Oct 2022
Richard Clarida
Columbia University - Graduate School of Arts and Sciences - Department of Eco
Downloads 47 (748,117)

Abstract:

Loading...

26.

Conditional Projection by Means of Kalman Filtering

NBER Working Paper No. t0036
Number of pages: 13 Posted: 28 Dec 2006 Last Revised: 06 Feb 2023
Richard Clarida and Diane Coyle
Columbia University - Graduate School of Arts and Sciences - Department of Eco and Bennett Institute for Public Policy, University of Cambridge
Downloads 45 (761,587)

Abstract:

Loading...

27.

The Role of Asymmetries and Regime Shifts in the Term Structure of Interest Rates

Number of pages: 45 Posted: 26 Apr 2005
Columbia University - Graduate School of Arts and Sciences - Department of Eco, University of Cambridge - Judge Business School, Washington University in St. Louis - John M. Olin Business School and Hong Kong Institute for Monetary and Financial Research (HKIMR)
Downloads 42 (782,623)
Citation 4
  • Add to Cart

Abstract:

Loading...

Term structure of interest rates, markov switching, forecasting

28.

The Behavior of U.S. Short-Term Interest Rates Since October 1979

NBER Working Paper No. w1273
Number of pages: 21 Posted: 05 Jul 2004 Last Revised: 26 Jun 2022
Richard Clarida and Benjamin M. Friedman
Columbia University - Graduate School of Arts and Sciences - Department of Eco and Harvard University - Department of Economics
Downloads 42 (782,623)

Abstract:

Loading...

29.

International Lending and Borrowing in a Stochastic Sequence Equilibrium

NBER Working Paper No. w1944
Number of pages: 34 Posted: 01 Jun 2004 Last Revised: 26 Oct 2022
Richard Clarida
Columbia University - Graduate School of Arts and Sciences - Department of Eco
Downloads 41 (789,881)
Citation 3

Abstract:

Loading...

30.

Are There Thresholds of Current Account Adjustment in the G7?

NBER Working Paper No. w12193
Number of pages: 60 Posted: 26 Oct 2012 Last Revised: 27 Oct 2022
Richard Clarida, Manuela Goretti and Mark P. Taylor
Columbia University - Graduate School of Arts and Sciences - Department of Eco, International Monetary Fund (IMF) and Washington University in St. Louis - John M. Olin Business School
Downloads 39 (804,504)
Citation 1

Abstract:

Loading...

31.

Entry, Dumping, and Shakeout

NBER Working Paper No. w3814
Number of pages: 47 Posted: 06 Jan 2007 Last Revised: 05 Jun 2022
Richard Clarida
Columbia University - Graduate School of Arts and Sciences - Department of Eco
Downloads 35 (835,575)

Abstract:

Loading...

32.

Permanent Income, Import Prices, and the Demand for Imported Consumer Durbales: A Structural Econometric Investigation

NBER Working Paper No. w4437
Number of pages: 23 Posted: 07 Nov 2007 Last Revised: 18 Aug 2022
Richard Clarida
Columbia University - Graduate School of Arts and Sciences - Department of Eco
Downloads 34 (843,812)

Abstract:

Loading...

33.

Monetary Policy in Open Economies: Practical Perspectives for Pragmatic Central Bankers

NBER Working Paper No. w20545
Number of pages: 31 Posted: 06 Oct 2014 Last Revised: 20 Feb 2022
Richard Clarida
Columbia University - Graduate School of Arts and Sciences - Department of Eco
Downloads 31 (868,945)

Abstract:

Loading...

34.

Hot Tip: Nominal Exchange Rates and Inflation Indexed Bond Yields

NBER Working Paper No. w18726
Number of pages: 27 Posted: 26 Jan 2013 Last Revised: 03 Mar 2023
Richard Clarida
Columbia University - Graduate School of Arts and Sciences - Department of Eco
Downloads 31 (868,945)

Abstract:

Loading...

35.

International Financial Adjustment in a Canonical Open Economy Growth Model

NBER Working Paper No. w22758
Number of pages: 46 Posted: 24 Oct 2016 Last Revised: 09 Mar 2023
Richard Clarida and Ildikó Magyari
Columbia University - Graduate School of Arts and Sciences - Department of Eco and Columbia University
Downloads 30 (877,605)

Abstract:

Loading...

36.

The Factor Content of Equilibrium Exchange Rates

NBER Working Paper No. w24735
Number of pages: 23 Posted: 25 Jun 2018 Last Revised: 01 Feb 2023
Richard Clarida
Columbia University - Graduate School of Arts and Sciences - Department of Eco
Downloads 26 (913,713)

Abstract:

Loading...

37.

Us Monetary Policy and the Return to Price Stability

NBER Working Paper No. w31520
Number of pages: 23 Posted: 07 Aug 2023
Richard Clarida
Columbia University - Graduate School of Arts and Sciences - Department of Eco
Downloads 8 (1,096,930)
  • Add to Cart

Abstract:

Loading...

38.

The Term Structure of Forward Exchange Premiums and the Forecastability of Spot Exchange Rates: Correcting the Errors

Review of Economics and Statistics, Vol. 79, No. 3, August 1997
Posted: 30 Mar 1998
Richard Clarida and Mark P. Taylor
Columbia University - Graduate School of Arts and Sciences - Department of Eco and Washington University in St. Louis - John M. Olin Business School

Abstract:

Loading...