Richard A. Ashley

Virginia Tech. - Department of Economics

Blacksburg, VA 24061

United States

SCHOLARLY PAPERS

8

DOWNLOADS

226

CITATIONS

2

Scholarly Papers (8)

Frequency Dependence in a Real-Time Monetary Policy Rule

Number of pages: 37 Posted: 29 Jan 2010 Last Revised: 29 Sep 2015
Richard A. Ashley, Kwok Ping Tsang and Randal Verbrugge
Virginia Tech. - Department of Economics, Virginia Polytechnic Institute & State University and Federal Reserve Banks - Federal Reserve Bank of Cleveland
Downloads 87 (241,435)
Citation 1

Abstract:

Taylor rule, frequency dependence, spectral regression, real-time data

Frequency Dependence in a Real-Time Monetary Policy Rule

FRB of Cleveland Working Paper No. 14-30
Number of pages: 44 Posted: 22 Nov 2014 Last Revised: 28 Sep 2015
Richard A. Ashley, Kwok Ping Tsang and Randal Verbrugge
Virginia Tech. - Department of Economics, Virginia Polytechnic Institute & State University and Federal Reserve Banks - Federal Reserve Bank of Cleveland
Downloads 16 (476,310)
Citation 1

Abstract:

Taylor rule, frequency dependence, spectral regression, real-time data.

2.

Re-Examining the Impact of Housing Wealth and Stock Wealth on Household Spending: Does Persistence in Wealth Changes Matter?

Number of pages: 33 Posted: 17 Sep 2013
Richard A. Ashley and Guo Li
Virginia Tech. - Department of Economics and Virginia Polytechnic Institute & State University - Department of Economics
Downloads 30 (374,425)
Citation 1

Abstract:

wealth effect, frequency dependence, non-linearities

3.

Post-Sample Granger Causality Analysis: A New (Relatively) Large-Scale Exemplar

Number of pages: 38 Posted: 07 Jan 2014
Haichun Ye, Richard A. Ashley and John Guerard
Shanghai University of Finance and Economics - School of Economics, Virginia Tech. - Department of Economics and McKinley Capital Management, LLC
Downloads 17 (412,945)

Abstract:

Granger causality, out-of-sample testing, post-sample testing

4.

Credible Granger-Causality Inference with Modest Sample Lengths: A Cross-Sample Validation Approach

Number of pages: 22 Posted: 11 Jul 2013 Last Revised: 02 Jan 2014
Richard A. Ashley and Kwok Ping Tsang
Virginia Tech. - Department of Economics and Virginia Polytechnic Institute & State University
Downloads 11 (474,333)

Abstract:

Time Series, Granger-causality, causality, post-sample testing, exchange rates

5.

A Subset-Continuous-Updating Transformation on GMM Estimators for Dynamic Panel Data Models

Number of pages: 15 Posted: 27 Jan 2016
Richard A. Ashley and Xiaojin Sun
Virginia Tech. - Department of Economics and University of Texas at El Paso
Downloads 0 (398,957)

Abstract:

Dynamic Panel Data Models, Arellano-Bond GMM Estimator, Blundell-Bond GMM Estimator, Subset-Continuous-Updating Transformation

6.

Persistence Dependence in Empirical Relations: The Velocity of Money

FRB of Cleveland Working Paper No. 1530
Number of pages: 29 Posted: 16 Dec 2015
Richard A. Ashley and Randal Verbrugge
Virginia Tech. - Department of Economics and Federal Reserve Banks - Federal Reserve Bank of Cleveland
Downloads 0 (422,874)

Abstract:

money demand, frequency-dependence, spectral regression

7.

A Transformed System GMM Estimator for Dynamic Panel Data Models

Posted: 22 Feb 2014 Last Revised: 09 Sep 2015
Xiaojin Sun and Richard A. Ashley
Virginia Polytechnic Institute & State University and Virginia Tech. - Department of Economics

Abstract:

Dynamic Panel Data Models, Transformed System GMM Estimator, Sargan/Hansen Test

8.

On the Granger Causality between Median Inflation and Price Dispersion

Applied Economics, Vol. 44, No. 32, 2012
Posted: 07 Jan 2014
Richard A. Ashley and Haichun Ye
Virginia Tech. - Department of Economics and Shanghai University of Finance and Economics - School of Economics

Abstract:

Granger causality; median inflation; price dispersion; out-of-sample testing