April 5, 2012. Presented at the InvestMidwest Venture Capital Forum, St. Louis.

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

February 6, 2012. Speech. "Inflation Targeting in the USA." Delivered at the Union League Club of Chicago, Breakfast@65West, Chicago, Ill.

February 24, 2012. "Comments on 'Housing, Monetary Policy, and the Recovery' by Michael Feroli, Ethan Harris, Amir Sufi, and Kenneth West." Given at the 2012 U.S. Monetary Policy Forum, Initiative on Global Markets, University of Chicago Booth School of Business.

May 30, 2012. "Demographics, Redistribution, and Optimal Inflation," with Carlos Garriga and Christopher J. Waller. Presented by Christopher Waller at the 2012 BOJ-IMES Conference Demographic Changes and Macroeconomic Performance.

June 5, 2012. Presentation. "The Aftermath of the Housing Bubble." Presented at Housing in America: Innovative Solutions to Address the Needs of Tomorrow, The Bipartisan Policy Center, St. Louis.

We study how the use of judgement or “add-factors” in forecasting may disturb the set of equilibrium outcomes when agents learn using recursive methods. We isolate conditions under which new phenomena, which we call exuberance equilibria, can exist in a standard self-referential environment....

We formulate the central bank's problem of selecting an optimal long-run inflation rate as the choice of a distorting tax by a planner who wishes to maximize discounted stationary utility for a heterogeneous population of infinitely-lived households in an economy with constant aggregate income....

June 29, 2012. Presentation. "U.S. Monetary Policy: Still Appropriate." Presented at Dialogue with the Fed, Little Rock, Arkansas.

July 10, 2012. Speech. "The Global Economy and the European Sovereign Debt Crisis." Delivered at the OMFIF Golden Series Lecture, London. Related news articles.