Alisdair McKay

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Identifer

Contact

Affiliations

• Federal Reserve Bank of Minneapolis / Research Department
  • EDIRC entry
  • location:

Research profile

author of:

• Simple Market Equilibria with Rationally Inattentive Consumers
  American Economic Review, American Economic Association (2012)
  by Filip Matejka & Alisdair McKay
  (ReDIF-article, aea:aecrev:v:102:y:2012:i:3:p:24-29)
• Rational Inattention to Discrete Choices: A New Foundation for the Multinomial Logit Model
  American Economic Review, American Economic Association (2015)
  by Filip Matêjka & Alisdair McKay
  (ReDIF-article, aea:aecrev:v:105:y:2015:i:1:p:272-98)
• The Power of Forward Guidance Revisited
  American Economic Review, American Economic Association (2016)
  by Alisdair McKay & Emi Nakamura & Jón Steinsson
  (ReDIF-article, aea:aecrev:v:106:y:2016:i:10:p:3133-58)
• Forward Guidance and Durable Goods Demand
  American Economic Review: Insights, American Economic Association (2022)
  by Alisdair McKay & Johannes F. Wieland
  (ReDIF-article, aea:aerins:v:4:y:2022:i:1:p:106-22)
• Monetary Policy and Inequality
  Journal of Economic Perspectives, American Economic Association (2023)
  by Alisdair McKay & Christian K. Wolf
  (ReDIF-article, aea:jecper:v:37:y:2023:i:1:p:121-44)
• The Discounted Euler Equation: A Note
  Economica, London School of Economics and Political Science (2017)
  by Alisdair McKay & Emi Nakamura & Jón Steinsson
  (ReDIF-article, bla:econom:v:84:y:2017:i:336:p:820-831)
• Simple Market Equilibria with Rationally Inattentive Consumers
  Boston University - Department of Economics - Working Papers Series, Boston University - Department of Economics (2011)
  by Alisdair McKay & Filip Matejka
  (ReDIF-paper, bos:wpaper:wp2011-025)
• Rational Inattention to Discrete Choices: A New Foundation for the Multinomial Logit Model
  Boston University - Department of Economics - Working Papers Series, Boston University - Department of Economics (2011)
  by Alisdair McKay & Filip Matejka
  (ReDIF-paper, bos:wpaper:wp2011-026)
• Household Saving Behavior and Social Security Privatization
  Boston University - Department of Economics - Working Papers Series, Boston University - Department of Economics (2011)
  by Alisdair McKay
  (ReDIF-paper, bos:wpaper:wp2011-027)
• Accounting for Idiosyncratic Wage Risk Over the Business Cycle
  Boston University - Department of Economics - Working Papers Series, Boston University - Department of Economics (2011)
  by Alisdair McKay & Tamas Papp
  (ReDIF-paper, bos:wpaper:wp2011-028)
• The role of automatic stabilizers in the U.S. business cycle
  Boston University - Department of Economics - Working Papers Series, Boston University - Department of Economics (2013)
  by Alisdair McKay & Ricardo Reis
  (ReDIF-paper, bos:wpaper:wp2013-007)
• Idiosyncratic risk, insurance, and aggregate consumption dynamics: a likelihood perspective
  Boston University - Department of Economics - Working Papers Series, Boston University - Department of Economics ()
  by Alisdair McKay
  (ReDIF-paper, bos:wpaper:wp2013-013)
• Rational Inattention to Discrete Choices: A New Foundation for the Multinomial Logit Model
  CERGE-EI Working Papers, The Center for Economic Research and Graduate Education - Economics Institute, Prague (2011)
  by Filip Matejka & Alisdair McKay
  (ReDIF-paper, cer:papers:wp442)
• Optimal Automatic Stabilizers
  Discussion Papers, Centre for Macroeconomics (CFM) (2016)
  by Alisdair McKay & Ricardo Reis
  (ReDIF-paper, cfm:wpaper:1618)
• Optimal Automatic Stabilizers
  CEPR Discussion Papers, C.E.P.R. Discussion Papers (2016)
  by McKay, Alisdair
  (ReDIF-paper, cpr:ceprdp:11337)
• The Brevity and Violence of Contractions and Expansions
  CEPR Discussion Papers, C.E.P.R. Discussion Papers (2006)
  by McKay, Alisdair
  (ReDIF-paper, cpr:ceprdp:5756)
• The role of automatic stabilizers in the U.S. business cycle
  CEPR Discussion Papers, C.E.P.R. Discussion Papers (2013)
  by McKay, Alisdair
  (ReDIF-paper, cpr:ceprdp:9454)
• The brevity and violence of contractions and expansions
  Journal of Monetary Economics, Elsevier (2008)
  by McKay, Alisdair & Reis, Ricardo
  (ReDIF-article, eee:moneco:v:55:y:2008:i:4:p:738-751)
• Time-varying idiosyncratic risk and aggregate consumption dynamics
  Journal of Monetary Economics, Elsevier (2017)
  by McKay, Alisdair
  (ReDIF-article, eee:moneco:v:88:y:2017:i:c:p:1-14)
• Optimal automatic stabilizers
  LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2021)
  by McKay, Alisdair & Reis, Ricardo
  (ReDIF-paper, ehl:lserod:108180)
• The role of automatic stabilizers in the U.S. business cycle
  LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2016)
  by McKay, Alisdair & Reis, Ricardo
  (ReDIF-paper, ehl:lserod:64479)
• Optimal automatic stabilizers
  LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2016)
  by McKay, Alisdair & Reis, Ricardo
  (ReDIF-paper, ehl:lserod:67049)
• Optimal automatic stabilizers
  LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2016)
  by McKay, Alisdair & Reis, Ricardo
  (ReDIF-paper, ehl:lserod:86229)
• Housing Wealth Effects: The Long View
  Staff Report, Federal Reserve Bank of Minneapolis (2020)
  by Adam M. Guren & Alisdair McKay & Emi Nakamura & Jón Steinsson
  (ReDIF-paper, fip:fedmsr:87573)
• Lumpy Durable Consumption Demand and the Limited Ammunition of Monetary Policy
  Staff Report, Federal Reserve Bank of Minneapolis (2021)
  by Alisdair McKay & Johannes F. Wieland
  (ReDIF-paper, fip:fedmsr:89902)
• What Can Time-Series Regressions Tell Us About Policy Counterfactuals?
  Staff Report, Federal Reserve Bank of Minneapolis (2023)
  by Alisdair McKay & Christian K. Wolf
  (ReDIF-paper, fip:fedmsr:95599)
• How Should Monetary Policy Respond to Housing Inflation?
  Working Papers, Federal Reserve Bank of Minneapolis (2024)
  by Javier Bianchi & Alisdair McKay & Neil Mehrotra
  (ReDIF-paper, fip:fedmwp:99022)
• Evolution of commuting patterns in the New York City metro area
  Current Issues in Economics and Finance, Federal Reserve Bank of New York (2005)
  by Jason Bram & Alisdair McKay
  (ReDIF-article, fip:fednci:y:2005:i:oct:n:v.11no.10)
• News shocks and business cycles
  Economic Quarterly, Federal Reserve Bank of Richmond (2010)
  by Per Krusell & Alisdair McKay
  (ReDIF-article, fip:fedreq:y:2010:i:4q:p:373-397:n:v.96no.4)
• What Do We Learn from Cross-Regional Empirical Estimates in Macroeconomics?
  NBER Chapters, National Bureau of Economic Research, Inc (2020)
  by Adam Guren & Alisdair McKay & Emi Nakamura & Jón Steinsson
  (ReDIF-chapter, nbr:nberch:14482)
• The Brevity and Violence of Contractions and Expansions
  NBER Working Papers, National Bureau of Economic Research, Inc (2006)
  by Alisdair McKay & Ricardo Reis
  (ReDIF-paper, nbr:nberwo:12400)
• The Role of Automatic Stabilizers in the U.S. Business Cycle
  NBER Working Papers, National Bureau of Economic Research, Inc (2013)
  by Alisdair McKay & Ricardo Reis
  (ReDIF-paper, nbr:nberwo:19000)
• The Power of Forward Guidance Revisited
  NBER Working Papers, National Bureau of Economic Research, Inc (2015)
  by Alisdair McKay & Emi Nakamura & Jón Steinsson
  (ReDIF-paper, nbr:nberwo:20882)
• The Discounted Euler Equation: A Note
  NBER Working Papers, National Bureau of Economic Research, Inc (2016)
  by Alisdair McKay & Emi Nakamura & Jón Steinsson
  (ReDIF-paper, nbr:nberwo:22129)
• Optimal Automatic Stabilizers
  NBER Working Papers, National Bureau of Economic Research, Inc (2016)
  by Alisdair McKay & Ricardo Reis
  (ReDIF-paper, nbr:nberwo:22359)
• Housing Wealth Effects: The Long View
  NBER Working Papers, National Bureau of Economic Research, Inc (2018)
  by Adam M. Guren & Alisdair McKay & Emi Nakamura & Jón Steinsson
  (ReDIF-paper, nbr:nberwo:24729)
• Lumpy Durable Consumption Demand and the Limited Ammunition of Monetary Policy
  NBER Working Papers, National Bureau of Economic Research, Inc (2019)
  by Alisdair McKay & Johannes F. Wieland
  (ReDIF-paper, nbr:nberwo:26175)
• What Do We Learn From Cross-Regional Empirical Estimates in Macroeconomics?
  NBER Working Papers, National Bureau of Economic Research, Inc (2020)
  by Adam Guren & Alisdair McKay & Emi Nakamura & Jón Steinsson
  (ReDIF-paper, nbr:nberwo:26881)
• Forward Guidance and Durable Goods Demand
  NBER Working Papers, National Bureau of Economic Research, Inc (2020)
  by Alisdair McKay & Johannes F. Wieland
  (ReDIF-paper, nbr:nberwo:28066)
• What Can Time-Series Regressions Tell Us About Policy Counterfactuals?
  NBER Working Papers, National Bureau of Economic Research, Inc (2022)
  by Christian K. Wolf & Alisdair McKay
  (ReDIF-paper, nbr:nberwo:30358)
• A Tractable Income Process for Business Cycle Analysis
  NBER Working Papers, National Bureau of Economic Research, Inc (2023)
  by Fatih Guvenen & Alisdair McKay & Conor B. Ryan
  (ReDIF-paper, nbr:nberwo:30959)
• Evaluating Policy Counterfactuals: A VAR-Plus Approach
  NBER Working Papers, National Bureau of Economic Research, Inc (2024)
  by Tomás E. Caravello & Alisdair McKay & Christian K. Wolf
  (ReDIF-paper, nbr:nberwo:32988)
• Housing Wealth Effects: The Long View
  The Review of Economic Studies, Review of Economic Studies Ltd (2021)
  by Adam M Guren & Alisdair McKay & Emi Nakamura & Jón Steinsson
  (ReDIF-article, oup:restud:v:88:y:2021:i:2:p:669-707.)
• Optimal Automatic Stabilizers
  [Consumption versus Expenditure]
  The Review of Economic Studies, Review of Economic Studies Ltd (2021)
  by Alisdair McKay & Ricardo Reis
  (ReDIF-article, oup:restud:v:88:y:2021:i:5:p:2375-2406.)
• Online Appendix to "Search for Financial Returns and Social Security Privatization"
  Online Appendices, Review of Economic Dynamics (2013)
  by Alisdair McKay
  (ReDIF-paper, red:append:12-80)
• Code and data files for "Search for Financial Returns and Social Security Privatization"
  Computer Codes, Review of Economic Dynamics (2012)
  by Alisdair McKay
  (ReDIF-software, red:ccodes:12-80)
• Search for Financial Returns and Social Security Privatization
  Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2013)
  by Alisdair McKay
  (ReDIF-article, red:issued:12-80)
• Spurious Investment Specific Technological Change
  2005 Meeting Papers, Society for Economic Dynamics (2005)
  by Alisdair McKay & Bart Hobijn
  (ReDIF-paper, red:sed005:652)
• Rational Inattention to Discrete Choices: A New Foundation for the Multinomial Logit Model
  2011 Meeting Papers, Society for Economic Dynamics (2011)
  by Alisdair McKay & Filip Matejka
  (ReDIF-paper, red:sed011:535)
• What is the role of the automatic stabilizers in the U.S. business cycle?
  2012 Meeting Papers, Society for Economic Dynamics (2012)
  by Ricardo Reis & Alisdair McKay
  (ReDIF-paper, red:sed012:1116)
• Accounting for idiosyncratic wage risk over the business cycle
  2012 Meeting Papers, Society for Economic Dynamics (2012)
  by Tamas Papp & Alisdair McKay
  (ReDIF-paper, red:sed012:820)
• Idiosyncratic risk, insurance, and aggregate consumption dynamics: a likelihood perspective
  2014 Meeting Papers, Society for Economic Dynamics (2014)
  by Alisdair McKay
  (ReDIF-paper, red:sed014:71)
• Optimal Automatic Stabilizers
  2015 Meeting Papers, Society for Economic Dynamics (2015)
  by Ricardo Reis & Alisdair McKay
  (ReDIF-paper, red:sed015:608)
• A Parsimonious Income Process for Business Cycle Analysis
  2016 Meeting Papers, Society for Economic Dynamics (2016)
  by Alisdair McKay & Fatih Guvenen
  (ReDIF-paper, red:sed016:1488)
• The Long View of Housing Wealth Effects
  2017 Meeting Papers, Society for Economic Dynamics (2017)
  by Jon Steinsson & Emi Nakamura & Alisdair McKay & Adam Guren
  (ReDIF-paper, red:sed017:1234)
• Countercyclical fiscal policy in a low r∗ world
  2018 Meeting Papers, Society for Economic Dynamics (2018)
  by Alisdair McKay & Ricardo Reis
  (ReDIF-paper, red:sed018:621)
• Lumpy Durable Consumption Demand and the State-Dependent Effects of Monetary and Fiscal Policy
  2019 Meeting Papers, Society for Economic Dynamics (2019)
  by Alisdair McKay & Johannes Wieland
  (ReDIF-paper, red:sed019:364)
• What Do We Learn from Cross-Regional Empirical Estimates in Macroeconomics?
  NBER Macroeconomics Annual, University of Chicago Press (2021)
  by Adam Guren & Alisdair McKay & Emi Nakamura & Jón Steinsson
  (ReDIF-article, ucp:macann:doi:10.1086/712321)
• The Role of Automatic Stabilizers in the U.S. Business Cycle
  Econometrica, Econometric Society (2016)
  by Alisdair McKay & Ricardo Reis
  (ReDIF-article, wly:emetrp:v:84:y:2016:i::p:141-194)
• Lumpy Durable Consumption Demand and the Limited Ammunition of Monetary Policy
  Econometrica, Econometric Society (2021)
  by Alisdair McKay & Johannes F. Wieland
  (ReDIF-article, wly:emetrp:v:89:y:2021:i:6:p:2717-2749)
• What Can Time‐Series Regressions Tell Us About Policy Counterfactuals?
  Econometrica, Econometric Society (2023)
  by Alisdair McKay & Christian K. Wolf
  (ReDIF-article, wly:emetrp:v:91:y:2023:i:5:p:1695-1725)