Pablo Guerrón-Quintana

Federal Reserve Banks - Federal Reserve Bank of Philadelphia

Ten Independence Mall

Philadelphia, PA 19106-1574

United States

SCHOLARLY PAPERS

23

DOWNLOADS
Rank 25,122

SSRN RANKINGS

Top 25,122

in Total Papers Downloads

1,827

CITATIONS
Rank 5,386

SSRN RANKINGS

Top 5,386

in Total Papers Citations

103

Scholarly Papers (23)

1.
Downloads 298 (100,184)
Citation 9

Liquidity, Trends and the Great Recession

Tokyo Center for Economic Research (TCER) Paper No. E-66
Number of pages: 49 Posted: 04 Jan 2014 Last Revised: 16 Apr 2014
Pablo Guerrón-Quintana and Ryo Jinnai
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Hitotsubashi University
Downloads 150 (193,434)

Abstract:

Loading...

Liquidity, Trends, and the Great Recession

FRB of Philadelphia Working Paper No. 14-24
Number of pages: 56 Posted: 12 Sep 2014
Pablo Guerrón-Quintana and Ryo Jinnai
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Hitotsubashi University
Downloads 148 (195,687)
Citation 15

Abstract:

Loading...

Liquidity, Economic Growth

2.
Downloads 253 (119,233)
Citation 2

Bayesian Estimation of DSGE Models

FRB of Philadelphia Working Paper No. 12-4
Number of pages: 30 Posted: 17 Feb 2012
Pablo Guerrón-Quintana and James M. Nason
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and North Carolina State University - Department of Economics
Downloads 211 (142,268)

Abstract:

Loading...

dynamic stochastic general equilibrium, Bayesian, Metropolis-Hastings, Markov chain Monte Carlo, Kalman filter, likelihood

Bayesian Estimation of DSGE Models

CAMA Working Paper 10/2012
Number of pages: 30 Posted: 01 Mar 2012
Pablo Guerrón-Quintana and James M. Nason
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and North Carolina State University - Department of Economics
Downloads 42 (419,654)
Citation 2

Abstract:

Loading...

dynamic stochastic general equilibrium, Bayesian, Metropolis-Hastings, Markov chain Monte Carlo, Kalman filter, likelihood

3.
Downloads 139 (205,313)
Citation 4

Impulse Response Matching Estimators for DSGE Models

CFS Working Paper No. 498
Number of pages: 56 Posted: 05 Dec 2014
Pablo Guerrón-Quintana, Atsushi Inoue and Lutz Kilian
Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Vanderbilt University - College of Arts and Science - Department of Economics and University of Michigan at Ann Arbor - Department of Economics
Downloads 111 (244,769)
Citation 2

Abstract:

Loading...

Structural estimation, DSGE, VAR, impulse response, nonstandard asymptotics, bootstrap, weak identi cation, robust inference

Impulse Response Matching Estimators for DSGE Models

CESifo Working Paper Series No. 5730
Number of pages: 55 Posted: 10 Mar 2016
Pablo Guerrón-Quintana, Atsushi Inoue and Lutz Kilian
Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Vanderbilt University - College of Arts and Science - Department of Economics and University of Michigan at Ann Arbor - Department of Economics
Downloads 28 (483,888)

Abstract:

Loading...

structural estimation, DSGE, VAR, impulse response, nonstandard asymptotics, bootstrap, weak identification, robust inference

Impulse Response Matching Estimators for DSGE Models

CEPR Discussion Paper No. DP10298
Number of pages: 55 Posted: 23 Jan 2015
Pablo Guerrón-Quintana, Atsushi Inoue and Lutz Kilian
Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Vanderbilt University - College of Arts and Science - Department of Economics and University of Michigan at Ann Arbor - Department of Economics
Downloads 0
Citation 5
  • Add to Cart

Abstract:

Loading...

bootstrap, DSGE, impulse response, nonstandard asymptotics, robust inference, structual estimation, VAR, weak identification

Reading the Recent Monetary History of the U.S., 1959-2007

PIER Working Paper No. 10-016
Number of pages: 41 Posted: 18 Apr 2010
University of Pennsylvania - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Atlanta - Research Department
Downloads 69 (331,424)

Abstract:

Loading...

DSGE models, Stochastic volatility, Parameter drifting, Bayesian methods

Reading the Recent Monetary History of the U.S., 1959-2007

FRB of Philadelphia Working Paper No. 10-15
Number of pages: 41 Posted: 06 May 2010
University of Pennsylvania - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Atlanta - Research Department
Downloads 32 (463,088)

Abstract:

Loading...

DSGE models, Stochastic volatility, Parameter drifting, Bayesian methods

Reading the Recent Monetary History of the U.S., 1959-2007

NBER Working Paper No. w15929
Number of pages: 40 Posted: 26 Apr 2010 Last Revised: 12 Jul 2010
University of Pennsylvania - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Atlanta - Research Department
Downloads 31 (468,192)

Abstract:

Loading...

Reading the Recent Monetary History of the U.S., 1959-2007

CEPR Discussion Paper No. DP7812
Number of pages: 42 Posted: 19 May 2010
University of Pennsylvania - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Atlanta - Research Department
Downloads 3 (649,306)
Citation 6
  • Add to Cart

Abstract:

Loading...

Bayesian methods, DSGE models, Parameter drifting, Stochastic volatility

5.
Downloads 133 (212,663)
Citation 46

Fiscal Volatility Shocks and Economic Activity

FRB of Philadelphia Working Paper No. 11-32
Number of pages: 53 Posted: 11 Aug 2011
University of Pennsylvania - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Atlanta - Research Department
Downloads 61 (353,955)
Citation 9

Abstract:

Loading...

DSGE models, Uncertainty, Fiscal Policy, Monetary Policy

Fiscal Volatility Shocks and Economic Activity

PIER Working Paper No. 11-022
Number of pages: 47 Posted: 12 Aug 2011
University of Pennsylvania - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Atlanta - Research Department
Downloads 53 (379,447)
Citation 53

Abstract:

Loading...

DSGE models, Uncertainty, Fiscal Policy, Monetary Policy

Fiscal Volatility Shocks and Economic Activity

NBER Working Paper No. w17317
Number of pages: 47 Posted: 29 Aug 2011
University of Pennsylvania - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Atlanta - Research Department
Downloads 19 (538,878)

Abstract:

Loading...

6.
Downloads 125 (223,165)
Citation 51

Risk Matters: The Real Effects of Volatility Shocks

PIER Working Paper No. 09-013
Number of pages: 56 Posted: 06 Apr 2009
University of Pennsylvania - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Federal Reserve Bank of Atlanta - Research Department and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 96 (270,772)

Abstract:

Loading...

Small Open Economy, DSGE Models, Stochastic Volatility

Risk Matters: The Real Effects of Volatility Shocks

NBER Working Paper No. w14875
Number of pages: 55 Posted: 13 Apr 2009 Last Revised: 25 Aug 2010
University of Pennsylvania - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Federal Reserve Bank of Atlanta - Research Department and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 28 (483,888)

Abstract:

Loading...

Risk Matters: The Real Effects of Volatility Shocks

CEPR Discussion Paper No. DP7264
Number of pages: 57 Posted: 19 May 2009
University of Pennsylvania - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Federal Reserve Bank of Atlanta - Research Department and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 1 (675,099)
Citation 160
  • Add to Cart

Abstract:

Loading...

DSGE Models, Small Open Economy, Stochastic Volatility

7.

Financial Innovations: An Alternative Explanation to the Great Moderation

Number of pages: 37 Posted: 05 Jul 2007
Pablo Guerrón-Quintana
Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 115 (237,482)
Citation 2

Abstract:

Loading...

Great Moderation, Financial Innovation, Sluggish Portfolio Adjustment, Monetary and Technology Shocks

8.

What You Match Does Matter: The Effects of Data on DSGE Estimation

Number of pages: 46 Posted: 05 Jul 2007
Pablo Guerrón-Quintana
Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 99 (263,512)
Citation 33

Abstract:

Loading...

DSGE Models, Bayesian Estimation, Data, Entropy

Macroeconomic Forecasting in Times of Crises

FEDS Working Paper No. 2017-018
Number of pages: 45 Posted: 21 Feb 2017
Pablo Guerrón-Quintana and Molin Zhong
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Board of Governors of the Federal Reserve System
Downloads 58 (363,162)

Abstract:

Loading...

Forecasting, Great Recession, Nearest neighbor, Semiparametric methods

Macroeconomic Forecasting in Times of Crises

Number of pages: 29 Posted: 25 Sep 2016
Pablo Guerrón-Quintana and Molin Zhong
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Board of Governors of the Federal Reserve System
Downloads 30 (473,281)

Abstract:

Loading...

Nonparametric forecasting, Great Recession, Nearest neighbor

Fortune or Virtue: Time-Variant Volatilities Versus Parameter Drifting in U.S. Data

PIER Working Paper No. 10-015
Number of pages: 73 Posted: 18 Apr 2010
University of Pennsylvania - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Atlanta - Research Department
Downloads 27 (489,479)

Abstract:

Loading...

DSGE models, Stochastic volatility, Parameter drifting, Bayesian methods

Fortune or Virtue: Time-Variant Volatilities Versus Parameter Drifting in U.S. Data

FRB of Philadelphia Working Paper No. 10-14
Number of pages: 73 Posted: 06 May 2010
University of Pennsylvania - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Atlanta - Research Department
Downloads 24 (507,344)

Abstract:

Loading...

DSGE models, Stochastic volatility, Parameter drifting, Bayesian methods

Fortune or Virtue: Time-Variant Volatilities Versus Parameter Drifting in U.S. Data

NBER Working Paper No. w15928
Number of pages: 72 Posted: 26 Apr 2010 Last Revised: 11 Jul 2010
University of Pennsylvania - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Atlanta - Research Department
Downloads 13 (577,854)

Abstract:

Loading...

Fortune or Virtue: Time-Variant Volatilities Versus Parameter Drifting in U.S. Data

CEPR Discussion Paper No. DP7813
Number of pages: 74 Posted: 19 May 2010
University of Pennsylvania - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Atlanta - Research Department
Downloads 2 (660,561)
Citation 13
  • Add to Cart

Abstract:

Loading...

Bayesian methods, DSGE models, Parameter drifting, Stochastic volatility

11.
Downloads 60 (352,074)
Citation 14

Nonlinear Adventures at the Zero Lower Bound

FRB of Philadelphia Working Paper No. 12-10
Number of pages: 47 Posted: 08 May 2012
University of Pennsylvania - Department of Economics, Indiana University, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Atlanta - Research Department
Downloads 42 (419,654)
Citation 1

Abstract:

Loading...

Zero lower bound, New Keynesian models, Nonlinear solution methods

Nonlinear Adventures at the Zero Lower Bound

NBER Working Paper No. w18058
Number of pages: 46 Posted: 12 May 2012
University of Pennsylvania - Department of Economics, Indiana University, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Atlanta - Research Department
Downloads 18 (545,323)
Citation 39

Abstract:

Loading...

12.
Downloads 45 (400,463)
Citation 2

Supply-Side Policies and the Zero Lower Bound

FRB of Philadelphia Working Paper No. 11-47
Number of pages: 31 Posted: 28 Oct 2011
University of Pennsylvania - Department of Economics, Federal Reserve Bank of Atlanta - Research Department and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 24 (507,344)

Abstract:

Loading...

Zero lower bound, supply-side policies, New Keynesian models

Supply-Side Policies and the Zero Lower Bound

NBER Working Paper No. w17543
Number of pages: 31 Posted: 29 Oct 2011 Last Revised: 01 Nov 2011
University of Pennsylvania - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Atlanta - Research Department
Downloads 17 (551,773)

Abstract:

Loading...

Supply-Side Policies and the Zero Lower Bound

CEPR Discussion Paper No. DP8642
Number of pages: 33 Posted: 24 Nov 2011
University of Pennsylvania - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Atlanta - Research Department
Downloads 4 (640,525)
Citation 7
  • Add to Cart

Abstract:

Loading...

New Keynesian models, supply-side policies, zero lower bound

Frequentist Inference in Weakly Identified DSGE Models

FRB of Philadelphia Working Paper No. 09-13
Number of pages: 42 Posted: 10 Aug 2009 Last Revised: 09 Oct 2009
Pablo Guerrón-Quintana, Atsushi Inoue and Lutz Kilian
Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Southern Methodist University and University of Michigan at Ann Arbor - Department of Economics
Downloads 40 (427,647)
Citation 6

Abstract:

Loading...

DSGE models, Bayesian estimation, identification, inference, confidence sets, Bayes factor

Frequentist Inference in Weakly Identified DSGE Models

CEPR Discussion Paper No. DP7447
Number of pages: 47 Posted: 07 Oct 2009
Pablo Guerrón-Quintana, Atsushi Inoue and Lutz Kilian
Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Southern Methodist University and University of Michigan at Ann Arbor - Department of Economics
Downloads 3 (649,306)
Citation 8
  • Add to Cart

Abstract:

Loading...

Bayes factor, Bayesian estimation, Confidence set, DSGE models, Identification, Inference, Likelihood ratio

14.

Dynamics of Investment, Debt, and Default

FRB of Philadelphia Working Paper No. 13-18
Number of pages: 36 Posted: 13 May 2013
Grey Gordon and Pablo Guerrón-Quintana
Indiana University and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 39 (422,750)
Citation 11

Abstract:

Loading...

Investment, Debt, Default, Long-Term Debt

15.

Do Uncertainty and Technology Drive Exchange Rates?

FRB of Philadelphia Working Paper No. 09-20
Number of pages: 43 Posted: 29 Jul 2010
Pablo Guerrón-Quintana
Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 39 (422,750)
Citation 3

Abstract:

Loading...

Estimating Dynamic Equilibrium Models with Stochastic Volatility

FRB of Philadelphia Working Paper No. 13-19
Number of pages: 72 Posted: 13 May 2013
University of Pennsylvania - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Atlanta - Research Department
Downloads 21 (526,164)

Abstract:

Loading...

Dynamic equilibrium models, Stochastic volatility, Parameter drifting, Bayesian methods

Estimating Dynamic Equilibrium Models with Stochastic Volatility

NBER Working Paper No. w18399
Number of pages: 71 Posted: 15 Sep 2012
University of Pennsylvania - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Atlanta - Research Department
Downloads 9 (604,952)

Abstract:

Loading...

Estimating Dynamic Equilibrium Models with Stochastic Volatility

CEPR Discussion Paper No. DP9130
Number of pages: 73 Posted: 28 Sep 2012
University of Pennsylvania - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Atlanta - Research Department
Downloads 2 (660,561)
Citation 15
  • Add to Cart

Abstract:

Loading...

Bayesian methods., Dynamic equilibrium models, Parameter drifting, Stochastic volatility

17.

Common Factors in Small Open Economies: Inference and Consequences

FRB of Philadelphia Working Paper No. 10-4
Number of pages: 39 Posted: 21 Jan 2010
Pablo Guerrón-Quintana
Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 28 (470,926)
Citation 3

Abstract:

Loading...

Political Distribution Risk and Aggregate Fluctuations

PIER Working Paper No. 17-016
Number of pages: 110 Posted: 28 Jul 2017
Thorsten Drautzburg, Jesús Fernández-Villaverde and Pablo Guerrón-Quintana
Federal Reserve Banks - Federal Reserve Bank of Philadelphia, University of Pennsylvania - Department of Economics and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 16 (558,069)

Abstract:

Loading...

Political redistribution risk, bargaining shocks, aggregate fluctuations, partial fil-ter, historical narrative

Political Distribution Risk and Aggregate Fluctuations

FRB of Philadelphia Working Paper No. 17-25
Number of pages: 53 Posted: 07 Sep 2017
Thorsten Drautzburg, Jesús Fernández-Villaverde and Pablo Guerrón-Quintana
Federal Reserve Banks - Federal Reserve Bank of Philadelphia, University of Pennsylvania - Department of Economics and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 6 (625,698)

Abstract:

Loading...

Political redistribution risk, bargaining shocks, aggregate fluctuations, partial filter, historical narrative

Political Distribution Risk and Aggregate Fluctuations

CEPR Discussion Paper No. DP12187
Number of pages: 112 Posted: 04 Aug 2017
Thorsten Drautzburg, Jesús Fernández-Villaverde and Pablo Guerrón-Quintana
Federal Reserve Banks - Federal Reserve Bank of Philadelphia, University of Pennsylvania - Department of Economics and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 0
  • Add to Cart

Abstract:

Loading...

Aggregate fluctuations, bargaining shocks, historical narrative., partial filter, Political redistribution risk

19.

Common and Idiosyncratic Disturbances in Developed Small Open Economies

FRB of Philadelphia Working Paper No. 12-3
Number of pages: 46 Posted: 14 Jan 2012
Pablo Guerrón-Quintana
Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 23 (497,723)
Citation 7

Abstract:

Loading...

DSGE, dynamic stochastic general equilibrium model, international economics, idiosyncratic disturbances

20.

The Implications of Inflation in an Estimated New-Keynesian Model

FRB of Philadelphia Working Paper No. 10-2
Number of pages: 32 Posted: 07 Jan 2010
Pablo Guerrón-Quintana
Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 21 (509,159)
Citation 8

Abstract:

Loading...

21.

Interest Rates and Prices in an Inventory Model of Money with Credit

FRB of Philadelphia Working Paper No. 13-5
Number of pages: 43 Posted: 08 Feb 2013
Michael Dotsey and Pablo Guerrón-Quintana
Federal Reserve Bank of Philadelphia and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 20 (514,815)
Citation 2

Abstract:

Loading...

Segmented markets, Credit, Money

22.

On Regional Borrowing, Default, and Migration

FRB Richmond Working Paper No. 19-4
Number of pages: 67 Posted: 13 Feb 2019 Last Revised: 21 Feb 2019
Grey Gordon and Pablo Guerrón-Quintana
Indiana University and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 4 (612,577)

Abstract:

Loading...

migration, cities

23.

Welfare Gains of Inflation Reduction in a Micro-Founded Macroeconometric Model

Posted: 13 Jul 2007
Pablo Guerrón-Quintana
Federal Reserve Banks - Federal Reserve Bank of Philadelphia

Abstract:

Loading...

Welfare Cost, Inflation, Bayesian Estimation, Transitional Dynamics