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Michael Woodford

Global rank #88 99%

Institution: Columbia University

Primary Field: Macro (weighted toward more recent publications)

First Publication: 1986

Most Recent: 2022

RePEc ID: pwo3 ↗

Publication Scores

Scores use coauthorship adjustment: α/n credit per paper, where n = number of authors. α = 2.01: calibrated so average adjusted count equals average raw count (a zero-sum adjustment).

Period S (4x) A (2x) B (1x) C (½x) Total
Last 5 Years 3.02 3.02 0.00 0.00 18.10
Last 10 Years 4.02 5.70 0.00 0.00 27.48
All Time 28.15 23.63 17.56 0.00 177.43

Publication Statistics

Raw Publications 54
Coauthorship-Adjusted Count 69.64

Publications (54)

Year Article Journal Tier Authors
2022 Effective Demand Failures and the Limits of Monetary Stabilization Policy American Economic Review S 1
2022 Outlier blindness: A neurobiological foundation for neglect of financial risk Journal of Financial Economics A 2
2022 Fiscal and monetary stabilization policy at the zero lower bound: Consequences of limited foresight Journal of Monetary Economics A 2
2021 Robustly optimal monetary policy in a new Keynesian model with housing Journal of Economic Theory A 2
2021 Neighborhood-Based Information Costs American Economic Review S 2
2019 Are Low Interest Rates Deflationary? A Paradox of Perfect-Foresight Analysis American Economic Review S 2
2017 Optimal target criteria for stabilization policy Journal of Economic Theory A 2
2017 Discrete adjustment to a changing environment: Experimental evidence Journal of Monetary Economics A 3
2016 Credit Frictions and Optimal Monetary Policy Journal of Monetary Economics A 2
2015 Conventional and Unconventional Monetary Policy with Endogenous Collateral Constraints American Economic Journal: Macroeconomics A 3
2014 Stochastic Choice: An Optimizing Neuroeconomic Model American Economic Review S 1
2013 Report: Ad Hoc Committee on Criterion for the John Bates Clark Medal American Economic Review S 4
2012 Robustly optimal monetary policy in a microfounded New Keynesian model Journal of Monetary Economics A 2
2012 Linear-quadratic approximation of optimal policy problems Journal of Economic Theory A 2
2012 Prospect Theory as Efficient Perceptual Distortion American Economic Review S 1
2012 Report of the Selection Committee for the <em>American Economic Journal: Macroeconomics</em> Editor American Economic Review S 1
2011 The central-bank balance sheet as an instrument of monetarypolicy Journal of Monetary Economics A 2
2011 Simple Analytics of the Government Expenditure Multiplier American Economic Journal: Macroeconomics A 1
2010 Credit Spreads and Monetary Policy Journal of Money, Credit, and Banking B 2
2010 Robustly Optimal Monetary Policy with Near-Rational Expectations American Economic Review S 1
2009 Convergence in Macroeconomics: Elements of the New Synthesis American Economic Journal: Macroeconomics A 1
2009 Information-constrained state-dependent pricing Journal of Monetary Economics A 1
2008 How Important Is Money in the Conduct of Monetary Policy? Journal of Money, Credit, and Banking B 1
2007 Transparency, Communication and Commitment International Journal of Central Banking B 5
2007 Interpreting Inflation Persistence: Comments on the Conference on “Quantitative Evidence on Price Determination” Journal of Money, Credit, and Banking B 1
2006 Optimal taxation in an RBC model: A linear-quadratic approach Journal of Economic Dynamics and Control B 2
2006 Staggered Pricing Models Face the Facts International Journal of Central Banking B 5
2005 Comment on: "Using a long-term interest rate as the monetary policy instrument" Journal of Monetary Economics A 1
2005 Firm-Specific Capital and the New Keynesian Phillips Curve International Journal of Central Banking B 1
2004 Policy Options in a Liquidity Trap American Economic Review S 2
2004 Indicator variables for optimal policy under asymmetric information Journal of Economic Dynamics and Control B 2
2003 Editorial Announcement Review of Economic Studies S 2
2003 The Zero Bound on Interest Rates and Optimal Monetary Policy Brookings Papers on Economic Activity B 2
2003 Indicator variables for optimal policy Journal of Monetary Economics A 2
2003 Comment on: Multiple-solution indeterminacies in monetary policy analysis Journal of Monetary Economics A 1
2003 Optimal Interest-Rate Smoothing Review of Economic Studies S 1
2001 The Taylor Rule and Optimal Monetary Policy American Economic Review S 1
2000 Symposium on Optimal Monetary Policy Review of Economic Studies S 4
2000 Pitfalls of Forward-Looking Monetary Policy American Economic Review S 1
1998 Doing Without Money: Controlling Inflation in a Post-Monetary World Review of Economic Dynamics B 1
1996 Real-Business-Cycle Models and the Forecastable Movements in Output, Hours, and Consumption. American Economic Review S 2
1996 Loan commitments and optimal monetary policy Journal of Monetary Economics A 1
1994 Symposium: Bounded Rationality and Learning: Introduction. Economic Theory B 3
1994 Self-Organized Criticality and Economic Fluctuations. American Economic Review S 2
1994 Monetary Policy and Price Level Determinacy in a Cash-in-Advance Economy. Economic Theory B 1
1992 Oligopolistic Pricing and the Effects of Aggregate Demand on Economic Activity. Journal of Political Economy S 2
1992 Seven schools of macroeconomic thought by E.S. Phelps : A book review Journal of Economic Dynamics and Control B 1
1991 Gross substitutability in large-square economies Journal of Economic Theory A 4
1990 Equilibrium models displaying endogenous fluctuations and chaos : A survey Journal of Monetary Economics A 2
1990 Indeterminacy of stationary equilibrium in stochastic overlapping generations models Journal of Economic Theory A 3
1990 Public Debt as Private Liquidity. American Economic Review S 1
1988 Determinacy of equilibrium in stationary economies with both finite and infinite lived consumers Journal of Economic Theory A 2
1987 Three Questions about Sunspot Equilibria as an Explanation of Economic Fluctuations. American Economic Review S 1
1986 Stationary sunspot equilibria in a finance constrained economy Journal of Economic Theory A 1