Papers by Charles L. Evans

Charles L. Evans

Former President · Federal Reserve Bank of Chicago

Economist who was President and CEO of the Federal Reserve Bank of Chicago from 2007 to January 2023 after earlier serving as its director of research. His research measures the effects of monetary policy on output, inflation and financial markets.

Showing 2 papers

Published Classic Handbook of Macroeconomics Published Jan 1999

Monetary policy shocks: What have we learned and to what end?

Lawrence J. Christiano · Martin Eichenbaum · Charles L. Evans

This chapter in the 1999 Handbook of Macroeconomics (Volume 1) by Lawrence Christiano, Martin Eichenbaum, and Charles Evans surveys and unifies the VAR-based literature on identifying monetary policy …

Structural Var Monetary Policy Shocks

Published Classic Journal of Political Economy Published Feb 2005

Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy

Lawrence J. Christiano · Martin Eichenbaum · Charles L. Evans

This 2005 Journal of Political Economy paper by Christiano, Eichenbaum, and Evans (CEE) builds and estimates a general-equilibrium model to answer a specific question: what combination of frictions …

Dsge Models Nominal Rigidities