Bruce McGough
Associate Professor
Department of Economics
Oregon State University

Corvallis, OR 97331

 

 

    General Information

 

    Office:        311, Ballard Extension Hall
    Phone:        541-737-1429
    E-Mail:       bruce.mcgough@oregonstate.edu

 

    Professional Information

 

Curriculum Vita

 

    Course Information

 

Go to OSU Blackboard

 

    Working Papers

 

1.     Learning to Optimize (March 2009)

 

2.     Adaptive Learning in Regime Switching Models (June, 2009)

 

3.     Implementing Optimal Monetary Policy in New-Keynesian Models with Inertia (July, 2009)

 

4.     Dynamic Predictor Selection in a New Keynesian Model with Heterogeneous Expectations (September, 2008)

 

5.     Harvesting a Stochastic Renewable Resource under General Economic Conditions (March, 2008)

 

6.     Adaptive Learning, Endogenous Inattention, and Changes in Monetary Policy (January, 2007)

 

7.     Stable Finite-State Markov Sunspots (May 2007)

 

8.     A Numerical Approach to Learning with Time-Varying Parameters (April, 2002)

 

 

Publications

 

1.     Representations and Sunspot Stability (with George Evans), Macroeconomic Dynamics, Forthcoming.

 

2.      Monetary Policy, Endogenous Inattention, and the Volatility Tradeoff (with William Branch, John Carlson and George Evans), Economic Journal, Forthcoming.

 

3.     A New-Keynesian Model with Heterogeneous Expectations (with William Branch), Journal of Economic Dynamics and Control, Forthcoming.

 

4.     Monetary-Fiscal Policy Interactions under Implementable Monetary Policy Rules (with William Branch and Troy Davig) Journal of Money, Credit, and Banking, , 2008, Volume 40 Issue 5, Pages 1095 - 1102.

 

5.     Replicator Dynamics in a Cobweb Model with Rationally Heterogeneous Expectations (with William Branch), Journal of Economic Behavior and Organization, 2008, vol. 65, issue 2, pages 224-244.

 

6.     Optimal Constrained Interest-rate Rules (with George Evans), Journal of Money, Credit, and Banking, 2007, Volume 39 Issue 6, Pages 1335 - 1356.

 

7.     Shocking Escapes, Economic Journal, 2006, 116, p. 507 - 528.

 

8.     Indeterminacy and the Stability Puzzle in Non-Convex Economies (with George Evans), Contributions to Macroeconomics, BE-Press,  2005, Vol. 5, Issue 1, Article 8.

 

9.     Using the Long Term Interest Rate as a Monetary Policy Instrument (with Glenn Rudebusch and John Wiliams), Journal of Monetary Economics, 2005 (52), p. 855 - 879.

 

10.  Monetary Policy and Stable Indeterminacy with Inertia (with George Evans), Economics Lettters, 2005, (87) pp 1 - 7.

 

11.  Monetary Policy, Indeterminacy, and Learning (with George Evans), Journal of Economic Dynamics and Control, 2005 (29) p. 1809 – 1840

 

12.  Stable Sunspot Solutions in Models with Predetermined Variables (with George Evans), Journal of Economic Dynamics and Control, 2005, (29) p. 601 - 625.

 

13.  Consistent Expectations and Misspecification in Stochastic Non-linear Economies (with William Branch), Journal of Economic Dynamics and Control, 2005, (29) p. 659 – 676.

 

14.  Multiple Equilibria in Heterogeneous Expectations Models (with William Branch), Contributions to Macroeconomics, BE-Press, 2004, Vol. 4, Issue 1, Article 12.

 

15.  The Dynamic Behavior of Efficient Timber Prices (with A. Plantinga and B. Provencher, Land Economics, Feb. 2004).

 

16.  Statistical Learning with Time-Varying Parameters (Macroeconomic Dynamics, Feb. 2003).