NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

NBER Publications by Martin S. Eichenbaum

Contact and additional information for this authorAll NBER papers and publicationsNBER Working Papers onlyInformation about this author at RePEc

Working Papers and Chapters

August 2014Comment on "Quantifying the Lasting Harm to the U.S. Economy from the Financial Crisis"
in NBER Macroeconomics Annual 2014, Volume 29, Jonathan Parker and Michael Woodford, editors
April 2014Understanding the Great Recession
with Lawrence J. Christiano, Mathias Trabandt: w20040

Forthcoming: Understanding the Great Recession, Lawrence J. Christiano, Martin S. Eichenbaum, Mathias Trabandt. in Lessons from the Financial Crisis for Monetary Policy, Gertler. 2014

August 2013Unemployment and Business Cycles
with Lawrence J. Christiano, Mathias Trabandt: w19265
December 2012Valuation Risk and Asset Pricing
with Rui Albuquerque, Sergio Rebelo: w18617
March 2012How Frequent Are Small Price Changes?
with Nir Jaimovich, Sergio Rebelo, Josephine Smith: w17956

Published: Martin Eichenbaum & Nir Jaimovich & Sergio Rebelo & Josephine Smith, 2014. "How Frequent Are Small Price Changes?," American Economic Journal: Macroeconomics, American Economic Association, vol. 6(2), pages 137-55, April. citation courtesy of

August 2011Comment on "Natural Expectations, Macroeconomic Dynamics, and Asset Pricing"
in NBER Macroeconomics Annual 2011, Volume 26, Daron Acemoglu and Michael Woodford, editors
April 2011Carry Trade and Momentum in Currency Markets
with Craig Burnside, Sergio Rebelo: w16942

Published: Craig Burnside & Martin Eichenbaum & Sergio Rebelo, 2011. "Carry Trade and Momentum in Currency Markets," Annual Review of Financial Economics, Annual Reviews, vol. 3(1), pages 511-535, December. citation courtesy of

January 2011Understanding Booms and Busts in Housing Markets
with Craig Burnside, Sergio Rebelo: w16734
October 2009When is the government spending multiplier large?
with Lawrence Christiano, Sergio Rebelo: w15394

Published: Lawrence Christiano & Martin Eichenbaum & Sergio Rebelo, 2011. "When Is the Government Spending Multiplier Large?," Journal of Political Economy, University of Chicago Press, vol. 119(1), pages 78 - 121. citation courtesy of

June 2008Do Peso Problems Explain the Returns to the Carry Trade?
with A. Craig Burnside, Isaac Kleshchelski, Sergio Rebelo: w14054

Published: Craig Burnside & Martin Eichenbaum & Isaac Kleshchelski & Sergio Rebelo, 2011. "Do Peso Problems Explain the Returns to the Carry Trade?," Review of Financial Studies, Society for Financial Studies, vol. 24(3), pages 853-891. citation courtesy of

March 2008Reference Prices and Nominal Rigidities
with Nir Jaimovich, Sergio Rebelo: w13829

Published: Martin Eichenbaum, Nir Jaimovich and Sergio Rebelo, `Reference Prices and Nominal Rigidities’, American Economic Review , February 2011, vol. 101, issue 1, 242 272.

July 2007Understanding the Forward Premium Puzzle: A Microstructure Approach
with Craig Burnside, Sergio Rebelo: w13278

Published: Craig Burnside & Martin Eichenbaum & Sergio Rebelo, 2009. "Understanding the Forward Premium Puzzle: A Microstructure Approach," American Economic Journal: Macroeconomics, American Economic Association, vol. 1(2), pages 127-54, July. citation courtesy of

May 2007Assessing Structural VARs
with Lawrence J. Christiano, Robert Vigfusson
in NBER Macroeconomics Annual 2006, Volume 21, Daron Acemoglu, Kenneth Rogoff and Michael Woodford, editors
February 2007The Returns to Currency Speculation in Emerging Markets
with Craig Burnside, Sergio Rebelo: w12916

Published: Craig Burnside & Martin Eichenbaum & Sergio Rebelo, 2007. "The Returns to Currency Speculation in Emerging Markets," American Economic Review, American Economic Association, vol. 97(2), pages 333-338, May. citation courtesy of

August 2006The Returns to Currency Speculation
with Craig Burnside, Isaac Kleshchelski, Sergio Rebelo: w12489

Published: Craig Burnside & Martin Eichenbaum & Sergio Rebelo, 2007. "The Returns to Currency Speculation in Emerging Markets," American Economic Review, American Economic Association, vol. 97(2), pages 333-338, May.

July 2006Assessing Structural VARs
with Lawrence J. Christiano, Robert Vigfusson: w12353

Published: Assessing Structural VARs, Lawrence J. Christiano, Martin Eichenbaum, Robert Vigfusson. in NBER Macroeconomics Annual 2006, Volume 21, Acemoglu, Rogoff, and Woodford. 2007

October 2005The Importance of Nontradable Goods' Prices in Cyclical Real Exchange Rate Fluctuations
with Ariel Burstein, Sergio Rebelo: w11699

Published: Burstein, Ariel, Martin Eichenbaum and Sergio Rebelo. "The Importance Of Nontradable Goods' Prices In Cyclical Real Exchange Rate Fluctuations," Japan and the World Economy, 2006, v18(3,Aug), 247-253. citation courtesy of

September 2005Modeling Exchange-Rate Passthrough After Large Devaluations
with Ariel Burstein, Sergio Rebelo: w11638

Published: Burstein, Ariel & Eichenbaum, Martin & Rebelo, Sergio, 2007. "Modeling exchange rate passthrough after large devaluations," Journal of Monetary Economics, Elsevier, vol. 54(2), pages 346-368, March. citation courtesy of

January 2005Firm-Specific Capital, Nominal Rigidities and the Business Cycle
with David Altig, Lawrence Christiano, Jesper Linde: w11034

Published: David Altig & Lawrence Christiano & Martin Eichenbaum & Jesper Linde, . "Firm-Specific Capital, Nominal Rigidities and the Business Cycle," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics. citation courtesy of

December 2004Large Devaluations and the Real Exchange Rate
with Ariel Burstein, Sergio Rebelo: w10986

Published: Ariel Burstein & Martin Eichenbaum & Sergio Rebelo, 2005. "Large Devaluations and the Real Exchange Rate," Journal of Political Economy, University of Chicago Press, vol. 113(4), pages 742-784, August. citation courtesy of

July 2004Evaluating the Calvo Model of Sticky Prices
with Jonas D.M. Fisher: w10617
April 2004Fiscal Policy in the Aftermath of 9/11
with Jonas Fisher: w10430

Published: Eichenbaum, Martin & Fisher, Jonas D M, 2005. "Fiscal Policy in the Aftermath of 9/11," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 37(1), pages 1-22, February. citation courtesy of

January 2004The Response of Hours to a Technology Shock: Evidence Based on Direct Measures of Technology
with Lawrence J. Christiano, Robert Vigfusson: w10254

Published: Lawrence J. Christiano & Martin Eichenbaum & Robert Vigfusson, 2004. "The Response of Hours to a Technology Shock: Evidence Based on Direct Measures of Technology," Journal of the European Economic Association, MIT Press, vol. 2(2-3), pages 381-395, 04/05. citation courtesy of

July 2003What Happens After a Technology Shock?
with Lawrence J. Christiano, Robert Vigfusson: w9819
June 2003Government Finance in the Wake of Currency Crises
with Craig Burnside, Sergio Rebelo: w9786

Published: Burnside, Craig, Martin Eichenbaum and Sergio Rebelo. "Government Finance In The Wake Of Currency Crises," Journal of Monetary Economics, 2006, v53(3,Apr), 401-440. citation courtesy of

Fiscal Shocks and Their Consequences
with Craig Burnside, Jonas Fisher: w9772

Published: Burnside, Craig & Eichenbaum, Martin & Fisher, Jonas D. M., 2004. "Fiscal shocks and their consequences," Journal of Economic Theory, Elsevier, vol. 115(1), pages 89-117, March. citation courtesy of

January 2003On the Fiscal Implications of Twin Crises
with A. Craig Burnside, Sergio Rebelo
in Managing Currency Crises in Emerging Markets, Michael P. Dooley and Jeffrey A. Frankel, editors
January 2002Why Are Rates of Inflation So Low After Large Devaluations?
with Ariel Burstein, Sergio Rebelo: w8748
July 2001Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy
with Lawrence J. Christiano, Charles Evans: w8403

Published:

May 2001On the Fiscal Implications of Twin Crises
with Craig Burnside, Sergio Rebelo: w8277

Published: On the Fiscal Implications of Twin Crises, A. Craig Burnside, Martin S. Eichenbaum, Sergio Rebelo. in Managing Currency Crises in Emerging Markets, Dooley and Frankel. 2003

February 2000On the Fundamentals of Self-Fulfilling Speculative Attacks
with Craig Burnside, Sergio T. Rebelo: w7554

Published: Burnside, Craig, Martin Eichenbaum and Sergio Rebelo. "Government Guarantees And Self-Fulfilling Speculative Attacks," Journal of Economic Theory, 2004, v119(1,Nov), 31-63.

January 2000Assessing the Effects of Fiscal Shocks
with Craig Burnside, Jonas D.M. Fisher: w7459

Published: Burnside, Craig, Martin Eichenbaum and Jonas Fisher. “Fiscal Shocks and Their Consequences." Journal of Economic Theory 115, 1 (2004): 89–117.

Fiscal Shocks in an Efficiency Wage Model
with Craig Burnside, Jonas D.M. Fisher: w7515
May 1999Hedging and Financial Fragility in Fixed Exchange Rate Regimes
with Craig Burnside, Sergio Rebelo: w7143

Published: Burnside, Craig, Martin Eichenbaum and Sergio Rebelo. "Hedging And Financial Fragility In Fixed Exchange Rate Regimes," European Economic Review, 2001, v45(7,Jun), 1151-1193. citation courtesy of

October 1998Prospective Deficits and the Asian Currency Crisis
with Craig Burnside, Sergio Rebelo: w6758

Published: Burnside, Craig, Martin Eichenbaum and Sergio Rebelo. "Prospective Deficits And The Asian Currency Crisis," Journal of Political Economy, 2001, v109(6,Dec), 1155-1197. citation courtesy of

September 1998Understanding the Effects of a Shock to Government Purchases
with Wendy Edelberg, Jonas D.M. Fisher: w6737

Published: Review of Economic Dynamics, Vol. 2, no. 1 (January 1999): 166-206 citation courtesy of

February 1998Monetary Policy Shocks: What Have We Learned and to What End?
with Lawrence J. Christiano, Charles L. Evans: w6400

Published:

  • Published as "The Effects of Monetary Policy Shocks: Evidence from the Flow of Funds", Review of Economics and Statistics, Vol. 78, no. 1(February 1996): 16-34.
  • Christiano, Lawrence J. & Eichenbaum, Martin & Evans, Charles L., 1999. "Monetary policy shocks: What have we learned and to what end?," Handbook of Macroeconomics, in: J. B. Taylor & M. Woodford (ed.), Handbook of Macroeconomics, edition 1, volume 1, chapter 2, pages 65-148 Elsevier.

January 1998Modeling Money
with Lawrence J. Christiano, Charles L. Evans: w6371
October 1996Sticky Price and Limited Participation Models of Money: A Comparison
with Lawrence J. Christiano, Charles L. Evans: w5804

Published: Christiano, Lawrence J., Martin Eichenbaum and Charles L. Evans. "Sticky Price And Limited Participation Models Of Money: A Comparison," European Economic Review, 1997, v41(6,Jun), 1201-1249. citation courtesy of

April 1996Expectation Traps and Discretion
with V. V. Chari, Lawrence J. Christiano: w5541

Published: Journal of Economic Theory, Vol. 81, no. 2 (August 1998): 462-492 citation courtesy of

October 1995Sectoral Solow Residuals
with Craig Burnside, Sergio Rebelo: w5286

Published: Burnside, A. Craig, Martin S. Eichenbaum and Sergio T. Rebelo. "Sectoral Solow Residuals," European Economic Review, 1996, v40(3-5,Apr), 861-869. citation courtesy of

September 1995Inside Money, Outside Money and Short Term Interest Rates
with V. V. Chari, Lawrence J. Christiano: w5269

Published:

May 1995Capital Utilization and Returns to Scale
with Craig Burnside, Sergio Rebelo: w5125

Published:

January 1995Capital Utilization and Returns to Scale
with Craig Burnside, Sergio Rebelo
in NBER Macroeconomics Annual 1995, Volume 10, Ben S. Bernanke and Julio J. Rotemberg, editors
May 1994Small Sample Properties of Generalized Method of Moments Based Wald Tests
with Craig Burnside: t0155

Published: Burnside, Craig and Martin Eichenbaum. "Small-Sample Properties Of GMM-Based Wald Tests," Journal of Business and Economic Statistics, 1996, v14(3,Jul), 294-308.

April 1994The Effects of Monetary Policy Shocks: Some Evidence from the Flow of Funds
with Lawrence J. Christiano, Charles Evans: w4699

Published: Review of Economics and Statistics, vol. LXXVIII, no. 1, February 1996, pp. 16-34

March 1994Factor Hoarding and the Propagation of Business Cycles Shocks
with Craig Burnside: w4675

Published: American Economic Review, December,1996. citation courtesy of

February 1993Some Empirical Evidence on the Effects of Monetary Policy Shocks on Exchange Rates
with Charles L. Evans: w4271

Published: Quarterly Journal of Economics, Nov 1995, pp. 1975-1010.

August 1992Liquidity Effects, Monetary Policy, and the Business Cycle
with Lawrence J. Christiano: w4129

Published: Journal of Money, Credit and Banking, vol. 27, no. 4, November 1995 Part I pp 1113-1136 citation courtesy of

January 1992Liquidity Effects and the Monetary Transmission Mechanism
with Lawrence J. Christiano: w3974

Published: American Economic Review, Papers and Preceedings Vol. 82, No. 2, pp. 346-353 May 1992 citation courtesy of

November 1991Identification and the Liquidity Effect of a Monetary Policy Shock
with Lawrence J. Christiano: w3920

Published: "Some Empirical Evidence on the Liquidity Effect", Political Economy, Growth, and Business Cycles EDS.: A. Cuikerman, Z. Hercowitz, L. Leiderman MIT Press 1992

December 1990Labor Hoarding and the Business Cycle
with Craig Burnside, Sergio Rebelo: w3556

Published: Journal of Political Economy, Vol. 101, No. 2, pp. 245-273 (April 1993). citation courtesy of

September 1990Real Business Cycle Theory: Wisdom or Whimsy?
w3432

Published: Journal of Economic Dynamics and Control Vol. 15, No. 4, pp. 607-626, October 1991 citation courtesy of

April 1990The Output, Employment, and Interest Rate Effects of Government Consumption
with S. Rao Aiyagari, Lawrence J. Christiano: w3330

Published: Journal of Monetary Economics, 1992 citation courtesy of

October 1989Unit Roots in Real GNP: Do We Know, and Do We Care?
with Lawrence J. Christiano: w3130

Published:

  • Carnegie Rochester Conference Series on Public Policy, Vol. 32, pp. 7-61, Spring 1990.
  • Christiano, Lawrence J. & Eichenbaum, Martin, 1990. "Unit roots in real GNP: Do we know, and do we care?," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 32(1), pages 7-61, January. citation courtesy of

September 1988Is Theory Really Ahead of Measurement? Current Real Business Cycle Theories and Aggregate Labor Market Fluctuations
with Lawrence J. Christiano: w2700

Published: American Economic Review Vol. 82, No. 3, pp. 430-450 June 1992

February 1988Some Empirical Evidence on the Production Level and Production Cost Smoothing Models of Inventory Investment
w2523

Published: The American Economic Review, Vol. 79, No. 4, pp. 853-864, (September 1989) citation courtesy of

March 1987Estimating Models with Intertemporal Substitution Using Aggregate Time Series Data
with Lars Peter Hansen: w2181

Published: Journal of Business & Economic Statistics, Vol. 8, No. 1, pp. 53-69, (January 1990). citation courtesy of

The Permanent Income Hypothesis Revisited
with Lawrence J. Christiano, David Marshall: w2209

Published: Econometrica, Volume 59, Number 2, March 1991, pp. 397-424. citation courtesy of

1987Erratum, Do Equilibrium Real Business Cycle Theories Explain Postwar U.S. Business Cycles?
with Kenneth J. Singleton
in NBER Macroeconomics Annual 1987, Volume 2, Stanley Fischer, editor
October 1986Capital Accumulation and Annuities in an Adverse Selection Economy
with Dan S. Peled: w2046

Published:

  • Eichenbaum, Martin S. and Dan S. Peled. "Capital Accumulation and Annuitiesin an Adverse Selection Economy," Journal of Political Economy, Vol. 95, No. 2, April 1987, pp. 334-354. citation courtesy of
  • In The Measurement of Saving, Investment, and Wealth, Robert Lipsey, and Helen Tice, eds. University of Chicago Press: Chicago. 1989.

September 1986Temporal Aggregation and Structural Inference in Macroeconomics
with Lawrence J. Christiano: t0060

Published: Eichenbaum, Martin S. and L. J. Christiano. "Temporal Aggregation and Structural Inference in Macroeconomics," Carnegie-Rochester Conference Series on Public Policy, Vol. 26, Spring 1987, pp. 63-130.

July 1986A Time Series Analysis of Representative Agent Models of Consumption andLeisure Choice Under Uncertainty
with Lars Peter Hansen, Kenneth J. Singleton: w1981

Published: Quarterly Journal of Economics, February 1988. citation courtesy of

May 1986Do Equilibrium Real Business Cycle Theories Explain Post-War U.S. Business Cycles?
with Kenneth J. Singleton: w1932

Published:

Contact and additional information for this authorAll NBER papers and publicationsNBER Working Papers onlyInformation about this author at RePEc

 
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