Hess Thomas Chung

Names

Identifer

Contact

Affiliations

• Federal Reserve Board (Board of Governors of the Federal Reserve System) / Macroeconomic and Quantitative Studies Section
  • EDIRC entry
  • location:

Research profile

author of:

• Monetary and Fiscal Policy Switching
  Econometric Society 2004 North American Summer Meetings, Econometric Society (2004)
  by Hess Chung & Troy Davig & Eric Leeper
  (ReDIF-paper, ecm:nasm04:274)
• Assessing the Change in Labor Market Conditions
  Working Papers (Old Series), Federal Reserve Bank of Cleveland (2015)
  by Hess T. Chung & Bruce Fallick & Christopher J. Nekarda & David Ratner
  (ReDIF-paper, fip:fedcwp:1438)
• Estimating the macroeconomic effects of the Fed’s asset purchases
  FRBSF Economic Letter, Federal Reserve Bank of San Francisco (2011)
  by Hess T. Chung & Jean-Philippe Laforte & David L. Reifschneider & John C. Williams
  (ReDIF-article, fip:fedfel:y:2011:i:jan31:n:2011-03)
• Have we underestimated the likelihood and severity of zero lower bound events?
  Working Paper Series, Federal Reserve Bank of San Francisco (2011)
  by Hess T. Chung & Jean-Philippe Laforte & David L. Reifschneider & John C. Williams
  (ReDIF-paper, fip:fedfwp:2011-01)
• Documentation of the Estimated, Dynamic, Optimization-based (EDO) model of the U.S. economy: 2010 version
  Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2010)
  by Hess T. Chung & Michael T. Kiley & Jean-Philippe Laforte
  (ReDIF-paper, fip:fedgfe:2010-29)
• Assessing the Change in Labor Market Conditions
  Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2014)
  by Hess T. Chung & Bruce Fallick & Christopher J. Nekarda & David Ratner
  (ReDIF-paper, fip:fedgfe:2014-109)
• Monetary Policy Options at the Effective Lower Bound : Assessing the Federal Reserve's Current Policy Toolkit
  Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2019)
  by Hess T. Chung & Etienne Gagnon & Taisuke Nakata & Matthias Paustian & Bernd Schlusche & James Trevino & Diego Vilán & Wei Zheng
  (ReDIF-paper, fip:fedgfe:2019-03)
• Latent Variables Analysis in Structural Models: A New Decomposition of the Kalman Smoother
  Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2020)
  by Hess T. Chung & Cristina Fuentes-Albero & Matthias Paustian & Damjan Pfajfar
  (ReDIF-paper, fip:fedgfe:2020-100)
• Alternative Strategies: How Do They Work? How Might They Help?
  Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2020)
  by Jonas E. Arias & Martin Bodenstein & Hess T. Chung & Thorsten Drautzburg & Andrea Raffo
  (ReDIF-paper, fip:fedgfe:2020-68)
• Considerations Regarding Inflation Ranges
  Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2020)
  by Hess T. Chung & Brian M. Doyle & James Hebden & Michael Siemer
  (ReDIF-paper, fip:fedgfe:2020-75)
• Endogenous Labor Supply in an Estimated New-Keynesian Model: Nominal versus Real Rigidities
  Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2023)
  by Isabel Cairó & Hess T. Chung & Francesco Ferrante & Cristina Fuentes-Albero & Camilo Morales-Jimenez & Damjan Pfajfar
  (ReDIF-paper, fip:fedgfe:2023-69)
• Assessing the Change in Labor Market Conditions
  FEDS Notes, Board of Governors of the Federal Reserve System (U.S.) (2014)
  by Hess T. Chung & Bruce Fallick & Christopher J. Nekarda & David Ratner
  (ReDIF-paper, fip:fedgfn:2014-05-22)
• Updating the Labor Market Conditions Index
  FEDS Notes, Board of Governors of the Federal Reserve System (U.S.) (2014)
  by Hess T. Chung & Christopher J. Nekarda & David Ratner
  (ReDIF-paper, fip:fedgfn:2014-10-01-1)
• The Effects of Forward Guidance in Three Macro Models
  FEDS Notes, Board of Governors of the Federal Reserve System (U.S.) (2015)
  by Hess T. Chung
  (ReDIF-paper, fip:fedgfn:2015-02-26-1)
• Simulating the Macroeconomic Effects of Unconventional Monetary Policies
  FEDS Notes, Board of Governors of the Federal Reserve System (U.S.) (2018)
  by Hess T. Chung & Cynthia L. Doniger & Cristina Fuentes-Albero & Bernd Schlusche & Wei Zheng
  (ReDIF-paper, fip:fedgfn:2018-07-20)
• Optimal Monetary Policy in a DSGE Model with Attenuated Forward Guidance Effects
  FEDS Notes, Board of Governors of the Federal Reserve System (U.S.) (2018)
  by Hess T. Chung & Taisuke Nakata & Matthias Paustian
  (ReDIF-paper, fip:fedgfn:2018-10-19)
• Balance Sheet Policies in an Evolving Economy: Some Modelling Advances and Illustrative Simulations
  FEDS Notes, Board of Governors of the Federal Reserve System (U.S.) (2023)
  by Hess T. Chung & Etienne Gagnon & James Hebden & Kyungmin Kim & Bernd Schlusche & Eric Till & James Trevino & Diego Vilán
  (ReDIF-paper, fip:fedgfn:2023-02-03-1)
• Monetary and fiscal policy switching
  Research Working Paper, Federal Reserve Bank of Kansas City (2005)
  by Hess T. Chung & Troy Davig & Eric M. Leeper
  (ReDIF-paper, fip:fedkrw:rwp05-12)
• What Has Financed Government Debt?
  CAEPR Working Papers, Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington (2007)
  by Hess Chung & Eric Leeper
  (ReDIF-paper, inu:caeprp:2007015)
• Monetary and Fiscal Policy Switching
  Journal of Money, Credit and Banking, Blackwell Publishing (2007)
  by Hess Chung & Troy Davig & Eric M. Leeper
  (ReDIF-article, mcb:jmoncb:v:39:y:2007:i:4:p:809-842)
• Effective Monetary Policy Strategies in New Keynesian Models: A Reexamination
  NBER Chapters, National Bureau of Economic Research, Inc (2014)
  by Hess Chung & Edward Herbst & Michael T. Kiley
  (ReDIF-chapter, nbr:nberch:13411)
• Monetary and Fiscal Policy Switching
  NBER Working Papers, National Bureau of Economic Research, Inc (2004)
  by Troy Davig & Eric M. Leeper & Hess Chung
  (ReDIF-paper, nbr:nberwo:10362)
• What Has Financed Government Debt?
  NBER Working Papers, National Bureau of Economic Research, Inc (2007)
  by Hess Chung & Eric M. Leeper
  (ReDIF-paper, nbr:nberwo:13425)
• Effective Monetary Policy Strategies in New Keynesian Models: A Re-examination
  NBER Working Papers, National Bureau of Economic Research, Inc (2014)
  by Hess Chung & Edward Herbst & Michael T. Kiley
  (ReDIF-paper, nbr:nberwo:20611)
• Monetary and Fiscal Policy Switching
  Computing in Economics and Finance 2004, Society for Computational Economics (2004)
  by Hess Chung & Troy Davig & Eric Leeper
  (ReDIF-paper, sce:scecf4:325)