Papers by Harald Uhlig

Harald Uhlig

Bruce Allen and Barbara Ritzenthaler Professor · University of Chicago

Bruce Allen and Barbara Ritzenthaler Professor of Economics at the University of Chicago, where he has been since 2007. Works on macroeconomics, monetary economics, financial markets and Bayesian time series methods. Former co-editor of Econometrica and head editor of the JPE.

Showing 4 papers

Forthcoming American Economic Journal: Macroeconomics

Interbank Rate Uncertainty and Bank Lending

Carlo Altavilla · Giacomo Carboni · Michele Lenza · Harald Uhlig

This paper asks whether uncertainty in the interbank market — distinct from general macroeconomic uncertainty — raises the cost of bank credit to firms, and whether bank-specific characteristics …

Banking Credit Monetary Policy Financial Markets Macro Dynamics

Online First Review of Economic Studies Online 21 May 2026

Money Markets, Collateral and Monetary Policy

Fiorella De Fiore · Marie Hoerova · Ciaran Rogers · Harald Uhlig

The paper studies the euro area interbank money markets during the global financial crisis (2007–09) and sovereign debt crisis (2010–15), documenting four empirical regularities and building a …

Money Markets Liquidity Financial Frictions Monetary Policy Transmission Free Read ↗

Published Classic American Economic Review Published May 2010

Some Fiscal Calculus

Harald Uhlig

In a calibrated neoclassical growth model with distortionary labor and capital taxes, an ARRA-style government spending increase produces short-run net-present-value fiscal multipliers above one, but …

Dsge Models Free Read ↗

Published Classic Journal of Monetary Economics Published Mar 2005

What are the effects of monetary policy on output? Results from an agnostic identification procedure

Harald Uhlig

This 2005 Journal of Monetary Economics paper by Harald Uhlig proposes an "agnostic" sign-restriction procedure for identifying monetary policy shocks in a VAR, designed to test rather than assume the …

Structural Var Monetary Policy Shocks

Career

2007 – present Professor of Economics, University of Chicago
2009 – 2012 Chairperson of the Department of Economics, University of Chicago
2000 – 2007 Professor of Economics, Humboldt University, Berlin
1994 – 2000 Research Professor for Macroeconomics, CentER, Tilburg University
1990 – 1994 Assistant Professor, Princeton University

Editorial roles

Co-Editor Econometrica2006–2010
Head Editor Journal of Political Economy2013–2021
Co-Editor Journal of Political Economy2012–2021
Co-Editor European Economic Review1997–2001
Associate Editor Review of Economic Studies1996–2006
Associate Editor Macroeconomic Dynamics1997–2002
Associate Editor Journal of Economic Dynamics and Control1995–1998
Associate Editor Journal of Financial Econometrics2001–2004
Associate Editor Computational Economics1998–2002
Associate Editor Econometric Theory2000–2000
Associate Editor Berkeley Electronic Journal of Macroeconomics2000–2000