Selected Publications

“Trend/Cycle Decomposition of Regime-Switching Processes,” Journal of Econometrics, vol. 146 (October 2008), 220-226 (with Jeremy Piger) [pdf]

“The Slow Adjustment of Aggregate Consumption to Permanent Income,” Journal of Money, Credit, and Banking, vol. 39 (March-April 2007), 615-638 [pdf]

“In Search of the Natural Rate of Unemployment,” Journal of Monetary Economics, vol. 54 (March 2007), 550-564 (with Thomas King) [pdf]

“Nonlinearity and the Permanent Effects of Recessions,” Journal of Applied Econometrics, vol. 20 (“Recent Developments in Business Cycle Analysis” 2005), 291-309 (with Chang-Jin Kim and Jeremy Piger) [pdf]

“The Structural Break in the Equity Premium,” Journal of Business & Economic Statistics, vol. 23 (April 2005), 181-191 (with Chang-Jin Kim and Charles R. Nelson) [pdf]

“Why Are the Beveridge-Nelson and Unobserved Components Decompositions of GDP So Different?” Review of Economics and Statistics, vol. 85 (May 2003), 235-243 (with Charles R. Nelson and Eric Zivot) [pdf]

Selected Professional Activities

Senior Fellow of the Weidenbaum Center Program of Macroeconomic Policy 2009 -

Member of the Executive Committee for the Society for Nonlinear Dynamics and Econometrics 2007 -

Local Organizer for 14th Annual Symposium for the Society for Nonlinear Dynamics and Econometrics, held at Washington University, March 2006, co-sponsored by the Weidenbaum Center on the Economy, Government, and Public Policy and the Federal Reserve Bank of St. Louis

Organizer of “Nonlinearity and the Business Cycle” conference at Washington University, August 2004, sponsored by the Weidenbaum Center on the Economy, Government, and Public Policy

Organizer of “State-Space Models, Regime Switching, and Identification” conference at Washington University, May 2002, co-sponsored by the Weidenbaum Center on the Economy, Government, and Public Policy and the Federal Reserve Bank of St. Louis

Last updated: March 27, 2009