We study macroeconomic systems with forward-looking private sector agents and a monetary authority that is trying to control the economy through the use of a linear policy feedback rule. A typical finding in the burgeoning literature in this area is that policymakers should be relatively...

Empirical work in macroeconomics is plagued by small sample size and large idiosyncratic variation. This problem is especially severe in the case of transition economies. We use a mixed estimation method incorporating information from OECD country data to estimate the parameters of a...

"Death of a Theory," presented in St. Louis. January 13, 2012.

"SNEAK PREVIEW: Death of a Theory." Presented at the Korea-America Economic Association, Chicago, Illinois. January 7, 2012.

Presented at the 19th Symposium of the Society for Nonlinear Dynamics and Econometrics, the Institute for International Economic Policy, Elliott School of International Affairs, The George Washington University, Washington D.C.

February 13, 2013. Presentation. "The Recent Reduction in Global Macroeconomic Uncertainty." Arkansas State University Agribusiness Conference, Jonesboro, Arkansas.