Christopher Gust

Board of Governors of the Federal Reserve System

20th Street and Constitution Avenue NW

Washington, DC 20551

United States

SCHOLARLY PAPERS

24

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Top 22,704

in Total Papers Downloads

2,920

SSRN CITATIONS
Rank 1,854

SSRN RANKINGS

Top 1,854

in Total Papers Citations

289

CROSSREF CITATIONS

409

Scholarly Papers (24)

1.
Downloads 697 ( 48,330)
Citation 52

Monetary Policy in a Financial Crisis

FRB of Chicago Working Paper No. 2002-05, FRB of Cleveland Working Paper No. 02-04
Number of pages: 75 Posted: 12 Sep 2002 Last Revised: 18 Nov 2007
Lawrence J. Christiano, Christopher Gust and Jorge E. Roldos
Northwestern University, Board of Governors of the Federal Reserve System and International Monetary Fund (IMF)
Downloads 662 (51,060)
Citation 1

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financial crisis, exchange rates, collateral constraints

Monetary Policy in a Financial Crisis

NBER Working Paper No. w9005
Number of pages: 69 Posted: 13 Jun 2002 Last Revised: 11 Aug 2021
Lawrence J. Christiano, Christopher Gust and Jorge E. Roldos
Northwestern University, Board of Governors of the Federal Reserve System and International Monetary Fund (IMF)
Downloads 35 (576,123)
Citation 2

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2.

Sigma: A New Open Economy Model for Policy Analysis

IFDP Discussion Paper No. 835, IFDP Discussion Paper No. 835
Number of pages: 53 Posted: 17 Aug 2005
Christopher J. Erceg, Luca Guerrieri and Christopher Gust
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 501 (73,555)
Citation 97

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SDGE model, open-economy macroeconomics

3.

International Comparisons of Productivity Growth: The Role of Information Technology and Regulatory Practices

Number of pages: 49 Posted: 10 Jun 2002
Christopher Gust and Jaime Marquez
Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 318 (124,031)
Citation 27

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4.

Are Depreciations as Contractionary as Devaluations? A Comparison of Selected Emerging and Industrial Economies

Number of pages: 46 Posted: 22 Jan 2003
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Northwestern University - Department of Economics
Downloads 197 (199,096)
Citation 8

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contractionary devaluations, exchange rate regimes

5.

Expansionary Fiscal Shocks and the Trade Deficit

Number of pages: 50 Posted: 05 Feb 2005
Christopher J. Erceg, Luca Guerrieri and Christopher Gust
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 186 (209,636)
Citation 28

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DGE model, open-economy macroeconomics

The Empirical Implications of the Interest-Rate Lower Bound

FEDS Working Paper No. 2012-83
Number of pages: 76 Posted: 08 Jan 2013
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Hutchin Hill Capital
Downloads 137 (271,403)
Citation 28

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Zero lower bound, DSGE model, Bayesian estimation

The Empirical Implications of the Interest-Rate Lower Bound

Number of pages: 59 Posted: 01 Feb 2013
Christopher Gust, David Lopez-Salido and Matthew E. Smith
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Hutchin Hill Capital
Downloads 4 (814,651)
Citation 51
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Bayesian estimation, DSGE model, zero lower bound

The Empirical Implications of the Interest-Rate Lower Bound

FEDS Working Paper No. 2012-83
Number of pages: 57 Posted: 19 Jul 2021
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and affiliation not provided to SSRN
Downloads 2 (834,727)

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7.

Can Long-Run Restrictions Identify Technology Shocks?

Number of pages: 56 Posted: 17 Feb 2004
Christopher J. Erceg, Luca Guerrieri and Christopher Gust
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 138 (268,864)
Citation 43

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Technology shocks, vector autoregressions, real business cycle models

8.

The Adjustment of Global External Imbalances: Does Partial Exchange Rate Pass-Through to Trade Prices Matter?

Number of pages: 45 Posted: 24 Jan 2006
Christopher Gust and Nathan Sheets
Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 115 (307,582)
Citation 10

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Import prices, Export prices, Trade balance, Marshall-Lerner condition, DGE model

9.

Trade Integration, Competition, and the Decline in Exchange-Rate Pass-Through

Number of pages: 51 Posted: 31 Aug 2006
Christopher Gust, Sylvain Leduc and Robert J. Vigfusson
Board of Governors of the Federal Reserve System, Federal Reserve Banks - Federal Reserve Bank of San Francisco and Board of Governors of the Federal Reserve System
Downloads 103 (331,697)
Citation 37

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Pass-through, trade integration, strategic complementarity

10.

Trade Adjustment and the Composition of Trade

International Finance Discussion Paper No. 859
Number of pages: 47 Posted: 19 May 2006
Christopher J. Erceg, Luca Guerrieri and Christopher Gust
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 71 (415,254)
Citation 8

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SDGE model, open-economy macroeconomics

11.

Portfolio Inertia and the Equity Premium

Number of pages: 41 Posted: 17 Nov 2009
Christopher Gust and David Lopez-Salido
Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 60 (452,659)
Citation 1

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Limited financial market participation, infrequent portfolio adjustment, equity premium

The Transmission of Domestic Shocks in the Open Economy

Number of pages: 76 Posted: 09 Dec 2007
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 42 (538,363)

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Open economy Phillips Curve, Variable markups, Imported intermediate inputs

The Transmission of Domestic Shocks in the Open Economy

NBER Working Paper No. w13613
Number of pages: 71 Posted: 27 Nov 2007 Last Revised: 14 Mar 2021
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 16 (711,273)

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13.
Downloads 57 (463,981)
Citation 3

Monetary Policy and the Cyclicality of Risk

International Finance Discussion Paper No. 999
Number of pages: 38 Posted: 24 Jul 2010
Christopher Gust and David Lopez-Salido
Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 53 (487,289)

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limited financial market participation, equity premium, inflation targeting

Monetary Policy and the Cyclicality of Risk

Number of pages: 31 Posted: 17 Mar 2010
Christopher Gust and David Lopez-Salido
Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 4 (814,651)
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countercyclical equity premium, monetary policy, portfolio inertia, segmented markets

14.

Forward Guidance with Bayesian Learning and Estimation

FEDS Working Paper No. 2018-72
Number of pages: 43 Posted: 27 Nov 2018 Last Revised: 21 Feb 2019
Christopher Gust, Edward Herbst and David Lopez-Salido
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 52 (483,350)
Citation 4

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15.

Monetary Policy, Incomplete Information, and the Zero Lower Bound

FEDS Working Paper No. 2015-99
Number of pages: 41 Posted: 06 Nov 2015
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 36 (557,537)

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16.

The Expectations Trap Hypothesis

Number of pages: 42 Posted: 26 Jul 2000
Lawrence J. Christiano and Christopher Gust
Northwestern University and Board of Governors of the Federal Reserve System
Downloads 34 (568,159)
Citation 1

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17.

Entry Dynamics and the Decline in Exchange-Rate Pass-Through

Number of pages: 39 Posted: 14 Nov 2010
Christopher Gust, Sylvain Leduc and Robert J. Vigfusson
Board of Governors of the Federal Reserve System, Federal Reserve Banks - Federal Reserve Bank of San Francisco and Board of Governors of the Federal Reserve System
Downloads 30 (590,637)
Citation 5

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Pass-through, trade integration, strategic complementarity, intensive margin

18.

Oil Shocks and the Zero Bound on Nominal Interest Rates

Number of pages: 52 Posted: 14 Nov 2010
Martin Bodenstein, Luca Guerrieri and Christopher Gust
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 30 (590,637)
Citation 10

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Oil Shocks, zero lower bound, DSGE models

Short-term Planning, Monetary Policy, and Macroeconomic Persistence

FEDS Working Paper No. 2020-3
Number of pages: 46 Posted: 14 May 2020
Christopher Gust, Edward Herbst and David Lopez-Salido
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 29 (612,857)
Citation 2

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Finite-horizon planning; Learning; Monetary policy; New keynesian model; Bayesian estimation

Short-Term Planning, Monetary Policy, and Macroeconomic Persistence

Number of pages: 57 Posted: 14 May 2021
Christopher Gust, Edward Herbst and David Lopez-Salido
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
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20.

The Power of Long-Run Structural VARs

Number of pages: 38 Posted: 30 Sep 2009
Christopher Gust and Robert J. Vigfusson
Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 29 (596,672)
Citation 1

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Vector autoregression, dynamic stochastic general equilibrium model, confidence intervals, impulse responpd functions, identifications, long run restrictions, specification error, sampling

21.

Taylor Rules in a Limited Participation Model

NBER Working Paper No. w7017
Number of pages: 28 Posted: 08 Jun 1999 Last Revised: 05 Sep 2021
Lawrence J. Christiano and Christopher Gust
Northwestern University and Board of Governors of the Federal Reserve System
Downloads 29 (596,672)

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22.

The Transmission of Domestic Shocks in Open Economies

Number of pages: 73 Posted: 06 Jun 2008
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 3 (789,908)
Citation 4
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imported intermediate inputs, open economy Phillips Curve, variable markups

23.

International Competition and Inflation: A New Keynesian Perspective

Number of pages: 46 Posted: 11 Jan 2010
Luca Guerrieri, Christopher Gust and David Lopez-Salido
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 2 (799,533)
Citation 7
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inflation, New Keynesian Phillips curve, variable markups

24.

Monetary Policy, Velocity, and the Equity Premium

Number of pages: 43 Posted: 08 Sep 2009
Christopher Gust and David Lopez-Salido
Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 2 (799,533)
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equity premium, monetary policy, velocity