Corvallis, OR 97331
General Information
Office: 311, Ballard Extension Hall
Phone:
541-737-1429
E-Mail: bruce.mcgough@oregonstate.edu
Professional
Information
Course
Information
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)
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.
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).