Journal of Economic Dynamics and Control

Michael T. Belongia · Peter N. Ireland

This 2022 Journal of Economic Dynamics & Control paper by Michael Belongia and Peter Ireland asks whether a policy rule that steers the growth rate of money, rather than the short-term nominal …

Stephen D. Morris

This 2017 Journal of Economic Dynamics & Control paper by Stephen D. Morris is a methodological contribution explaining why maximum-likelihood or Bayesian estimates of DSGE structural parameters often …

Timo Boppart · Per Krusell · Kurt Mitman

This paper proposes computing the aggregate-uncertainty equilibrium of a heterogeneous-agent model by solving, entirely with standard nonlinear methods, the deterministic transition path back to …

Max Diegel · Dieter Nautz

This 2021 Journal of Economic Dynamics & Control paper by Max Diegel and Dieter Nautz asks whether U.S. long-term inflation expectations respond to monetary policy shocks in a way consistent with a …

Zhengyang Chen · Victor J. Valcarcel

This 2025 Journal of Economic Dynamics and Control paper by Zhengyang Chen and Victor J. Valcarcel proposes a "rational expectations structural VAR" (RE-SVAR) — a way to embed rational expectations …

Zhengyang Chen · Victor J. Valcarcel

This 2021 Journal of Economic Dynamics and Control paper by Zhengyang Chen and Victor Valcarcel shows that the Wu-Xia (2016) shadow federal funds rate — a standard modern-sample proxy for the stance …

Michael Reiter

This paper proposes a numerical method for solving general-equilibrium models with a continuum of heterogeneous agents that combines projection (a fully nonlinear, high-dimensional representation of …

A. Lee Smith · Victor J. Valcarcel

This 2023 Journal of Economic Dynamics and Control paper by A. Lee Smith and Victor J.