High Resolution Convective Heat Transfer Measurements (1998)
This briefing addresses: 1) High resolution htc measurements using temperature sensitive liquid crystals; 2) Need for high resolution htc data; 3) Sealing strategy; 4) Liquid crystal instrument...
Forecasting the effects of reduced defense spending
Peter Ireland, Christopher Otrok
Forecasts from a vector autoregressive model indicate that the substantial cuts in defense spending proposed by the Bush Administration in 1991 are likely to reduce GNP in both the short run and the...
EconomicDynamics Interviews Peter Ireland on Money and the Business Cycle
Peter Ireland is Professor of Economics at Boston College. He has published extensively on monetary economics, in particular on testing monetary theories and the business cycle impact of monetary...
Matlab code for "Endogenous Money or Sticky Prices?"
This zip file contains notes, data, and MATLAB programs that will allow you to reproduce the econometric work in the unpublished paper
A two-sector real business cycle model, estimated with postwar U.S. data, identifies shocks to the levels and growth rates of total factor productivity in distinct consumption- and...
A Method for Taking Models to the Data
This paper develops a method for combining the power of a dynamic, stochastic, general equilibrium model with the flexibility of a vector autoregressive time-series model to obtain a hybrid that can...
Liquidity Effects and Transactions Technologies.
Dotsey, Michael, Ireland, Peter
Recently there has been growing interest in using general equilibrium models to understand the effects of monetary policy on interest rates and real economic activity. This research effort has...
Sticky Prices vs Limited Participation: What do we Learn from the Data?
Peter Ireland, Niki Papadopoulou
The method of maximum likelihood is used to estimate a Dynamic Stochastic General Equilibrium business cycle model that combines elements of existing sticky-price and limited-participation...
Implementing the Friedman Rule
In cash-in-advence models, ncessary and sufficient conditions for the existence of an equilibrium with zero nominal interest rates and Pareto optimal allocations place restrictions only on the very...
The liquidity trap, the real balance effect, and the Friedman rule
This paper studies the behavior of the economy and the efficacy of monetary policy under zero nominal interest rates, using a model with population growth that nests, as a special case, a more...
Liquidity effects and transactions technologies
Liquidity (Economics) ; Monetary policy - United States ; Financial markets
Liquidity effects and transactions technologies
The abstract for this paper is not currently available online.
The welfare cost of inflation in general equilibrium
This paper presents a general equilibrium monetary model in which inflation distorts a variety of marginal decisions. Although individually none of the distortions is very large, they combine to...
This zip file contains notes, data, and MATLAB programs that will allow you to reproduce the econometric work in my paper "Does the Time-Consistency Problem Explain the Behavior of Inflation in the...
Matlab code for A Method for Taking Models to the Data
This zip file contains notes, data, and MATLAB programs that will allow you to reproduce the econometric work in the unpublished paper "A Method for Taking Models to the Data."
Matlab code for Money's Role in the Monetary Business Cycle
This zip file contains notes, data, and MATLAB programs that will allow you to reproduce the econometric work in the unpublished paper "Money's Role in the Monetary Business Cycle."
Matlab code for Technology Shocks in the New Keynesian Model
This zip file contains notes, data, and MATLAB programs that will allow you to reproduce the econometric work in the unpublished paper "Technology Shocks in the New Keynesian Model."