Robert G. King: Publications

Biography/CV Teaching Publications Research
In the News Personal Editorial Awards

 

SELECTED PUBLICATIONS

Economic growth and financial markets

“Capital Fundamentalism, Economic Development and Economic Growth,” with Ross Levine, Carnegie-Rochester Conference Series on Public Policy, 40 (June 1994), 259-292.

“Transitional Dynamics and Economic Growth In Neoclassical Economies,” with Sergio T. Rebelo, American Economic Review, vol. 83, no. 4 (September 1993): 908-31.

“Finance, Entrepreneurship, and Growth: Theory and Evidence,” with Ross Levine, Journal of Monetary Economics, special issue on “How Do National Policies Affect Long-Run Growth?”, vol. 32, no. 3 (December 1993), 513-542.

“Finance and Growth: Schumpeter Might be Right,” with Ross Levine, Quarterly Journal of Economics, CVIII, no. 3(August 1993), 717-738.

Macroeconomics

“State Dependent Pricing and the General Equilibrium Dynamics of Money and Output,” with Michael Dotsey and Alexander L. Wolman, Quarterly Journal of Economics, 114(2), May 1999: 655-90.

“Resuscitating Real Business Cycles,” with Sergio T. Rebelo, John B. Taylor and Michael Woodford, eds., Handbook of Macroeconomics, Elsevier Science Publications, 1999, Chapter 14: 927-1007.

“Money, Prices Interest Rates and the Business Cycle,” with Mark W. Watson, Review of Economics and Statistics, Vol. LXXVIII, Number 1, (February 1996), pp. 35-53

“Fiscal Policy in General Equilibrium,” with Marianne Baxter, American Economic Review 83:3 (June 1993), 315-334

“Production, Growth and Business Cycles, I: The Basic Neo-classical Model”, with Charles I. Plosser and Sergio T. Rebelo, Journal of Monetary Economics, 21, no. 2/3,195-232, (1988) and “Production, Growth and Business Cycles, II: New Directions”, with Charles I. Plosser and Sergio T. Rebelo, Journal of Monetary Economics, 21, no. 2/3, 309-343 (1988)

“Time Separable Preferences and Intertemporal-Substitution Models of Business Cycles,” with Robert J. Barro, Quarterly Journal of Economics, November 1984, 817-839

Monetary theory and policy

“Managing Expectations,” with Yang K. Lu and Ernesto S. Pasten, Journal of Money, Credit and Banking, December 2008 40 (8), 1625-1666.

“The Incredible Volcker Disinflation”, with Marvin Goodfriend, Carnegie-Rochester Conference Series on Public Policy, Journal of Monetary Economics, 52 (5):  July 2005, 981-1015.

“Monetary Discretion, Pricing Complementarity, and Dynamic Multiple Equilibria”, with Alexander L. Wolman, Quarterly Journal of Economics, 119 (4): November 2004, 1513-1553.

“Optimal Monetary Policy,” with Aubhik Khan and Alexander L. Wolman, Review of Economic Studies, 70 (4): October 2003, 825-860.

“What Should the Monetary Authority Do When Prices Are Sticky?”, with Alexander L. Wolman, John B. Taylor, ed., Monetary Policy Rules, University of Chicago Press for NBER, Cambridge, MA, 1999.

“The New Neoclassical Synthesis and the Role of Monetary Policy,” with Marvin S. Goodfriend, National Bureau of Economic Research Macroeconomics Annual, 1997, 231-283.

“Inflation Targeting in a St. Louis Model of the 21st Century,” with Alexander L. Wolman, Federal Reserve Bank of St. Louis Review, vol. 78, No. 3 (May/June 1996): 83-107

“Money as the Mechanism of Exchange,” with Charles I. Plosser, Journal of Monetary Economics, vol. 17, no. 1 (January 1986): 93-115.

“Informational Implications of Interest Rate Rules,” with Michael Dotsey, American Economic Review, March 1986, 33-42.

“Money, Credit and Prices in a Real Business Cycle,” with Charles I. Plosser, American Economic Review, June 1984, 363-380.

“On the Economics of Private Money,” Journal of Monetary Economics, July 1983, 127-158.

“Monetary Policy and Information Content of Prices,” Journal of Political Economy, April 1982, 247-279

“Monetary Information and Monetary Neutrality,” Journal of Monetary Economics, March 1981, 195-206.

Applied econometrics and computational methods

“System Reduction and Model Solution Algorithms for Singular Linear Rational Expectations Models,” with Mark W. Watson, in Computational Economics, 20 (1-2), October 2002, 57-86.

“Production, Growth and Business Cycles: Technical Appendix”, with Charles I. Plosser and Sergio T. Rebelo, in Computational Economics, 20 (1-2), October 2002, 87-116.

“Measuring Business Cycles: Approximate Band-Pass Filters for Macroeconomic Time Series,” with Marianne Baxter, Review of Economics and Statistics, 81(4), November 1999: 575-93.

“The Solution of Singular Linear Difference Systems Under Rational Expectations,” with Mark W. Watson, International Economic Review, 39 (4), November 1998

“The Post-War U.S. Phillips Curve: a Revisionist Econometric History,” with Mark W. Watson, in Carnegie-Rochester Conference Series on Public Policy, 41(Fall 1994):157-219.

“Low Frequency Filtering and Real Business Cycles,” with Sergio T. Rebelo, Journal of Economic Dynamics and Control, 17, (January 1993), 207-231.

“Stochastic Trends and Economic Fluctuations,” with Charles I. Plosser, James H. Stock and Mark W. Watson, American Economic Review, vol. 81, no.4 (September 1991): 819-840

Federal Reserve Bank of Richmond Economic Quarterly

“The Phillips Curve: Snapshots 1958-1996″, Economic Quarterly, Fall 2008, 311-359.

“Discretionary Policy and Multiple Equilibria,” Economic Quarterly 92, Winter 2006, 1-15.

“The New IS-LM Model: Language, Logic and Limits”, Economic Quarterly, Summer 2000, 45-103.

“Expectations and the Term Structure of Interest Rates: Evidence and Implications”, with Andre Kurmann, Economic Quarterly, Fall 2002, 49-85.

“Limits on Interest Rules in the IS Model,” with William Kerr, Economic Quarterly, Spring 1996, 47-75

Recent conference discussions

“Comments on ‘Limitations on the Effectiveness of Forward Guidance at the Zero Lower Bound’” by Andrew Levin, David Lopez-Salidos, Edward Nelson and Tack Yun, International Journal of Central Banking, 2010.

 ”Comments on ‘Noisy Business Cycles’,” by George-Marios Angeletos and Jennifer L’Ao, NBER Macroeconomics Annual April 2009.

 ”Comments on ‘The Implications of Micro Price Data for Macroeconomic Models’,” by Bartosz Mackowiak and  Frank R. Smets, Federal Reserve Bank of Boston, Understanding Inflation and the Implications for Monetary Policy: A Phillips Curve Retrospective,  53rd Annual Research conference volume, 2009.