Articles
Does the Term Spread Play a Role in the Fed Funds Rate Reaction Function? An empirical investigation, Empirical Economics (2009)
Using US data for the period 1967:5-2002:4 this paper empirically investigates the performance of a...
Term Structure and the Estimated Monetary Policy Rule in the Eurozone (with Ramón María-Dolores), Spanish Economic Review (2009)
In this paper we estimate a standard version of the New Keynesian Monetary (NKM) model...
The New Keynesian Monetary Model: Does It Show the Comovement between GDP and Inflation in the U.S.?, Journal of Economic Dynamics and Control (2008)
This paper analyzes the performance of alternative versions of the New Keynesian Monetary (NKM) model...
The Comovement between Monetary and Fiscal Policy Instruments during the Post-War period in the U.S., International Review of Economics and Finance (2008)
This paper empirically studies the dynamic relationship between monetary and fiscal policies by analyzing the...
The Importance of Stock Market Returns in Estimated Monetary Policy Rules: A Structural Approach, Moneda y Crédito (2007)
This paper estimates a standard version of the New Keynesian Monetary (NKM) model in order...