Bruce Preston

Names

Identifer

Contact

Affiliations

• UNSW Sydney / UNSW Business School / School of Economics
  • EDIRC entry
  • location:

Research profile

author of:

• Expectations, Learning, and Business Cycle Fluctuations
  American Economic Review, American Economic Association (2011)
  by Stefano Eusepi & Bruce Preston
  (ReDIF-article, aea:aecrev:v:101:y:2011:i:6:p:2844-72)
• Fiscal Foundations of Inflation: Imperfect Knowledge
  American Economic Review, American Economic Association (2018)
  by Stefano Eusepi & Bruce Preston
  (ReDIF-article, aea:aecrev:v:108:y:2018:i:9:p:2551-89)
• Precautionary Saving and Consumption Fluctuations
  American Economic Review, American Economic Association (2005)
  by Jonathan A. Parker & Bruce Preston
  (ReDIF-article, aea:aecrev:v:95:y:2005:i:4:p:1119-1143)
• Anchored Inflation Expectations
  American Economic Journal: Macroeconomics, American Economic Association (2023)
  by Carlos Carvalho & Stefano Eusepi & Emanuel Moench & Bruce Preston
  (ReDIF-article, aea:aejmac:v:15:y:2023:i:1:p:1-47)
• Central Bank Communication and Expectations Stabilization
  American Economic Journal: Macroeconomics, American Economic Association (2010)
  by Stefano Eusepi & Bruce Preston
  (ReDIF-article, aea:aejmac:v:2:y:2010:i:3:p:235-71)
• The Science of Monetary Policy: An Imperfect Knowledge Perspective
  Journal of Economic Literature, American Economic Association (2018)
  by Stefano Eusepi & Bruce Preston
  (ReDIF-article, aea:jeclit:v:56:y:2018:i:1:p:3-59)
• The Case for Reform of the Reserve Bank of Australia Policy and Communication Strategy
  Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research (2020)
  by Bruce Preston
  (ReDIF-article, bla:ausecr:v:53:y:2020:i:1:p:95-104)
• Should We Worry about Government Debt? Thoughts on Australia's COVID‐19 Response
  Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research (2020)
  by Chris Edmond & Richard Holden & Bruce Preston
  (ReDIF-article, bla:ausecr:v:53:y:2020:i:4:p:557-565)
• Debt, Policy Uncertainty, And Expectations Stabilization
  Journal of the European Economic Association, European Economic Association (2012)
  by Stefano Eusepi & Bruce Preston
  (ReDIF-article, bla:jeurec:v:10:y:2012:i:4:p:860-886)
• Unknown item RePEc:bof:bofrdp:2021_011 (paper)
• Anchored Inflation Expectations
  CEPR Discussion Papers, C.E.P.R. Discussion Papers (2019)
  by Carvalho, Carlos & Eusepi, Stefano & , & Preston, Bruce
  (ReDIF-paper, cpr:ceprdp:13900)
• Long-Term Debt Pricing and Monetary Policy Transmission under Imperfect Knowledge
  CEPR Discussion Papers, C.E.P.R. Discussion Papers (2012)
  by Giannoni, Marc & Preston, Bruce & Eusepi, Stefano
  (ReDIF-paper, cpr:ceprdp:8845)
• Generalized Empirical Likelihood–Based Model Selection Criteria For Moment Condition Models
  Econometric Theory, Cambridge University Press (2003)
  by Hong, Han & Preston, Bruce & Shum, Matthew
  (ReDIF-article, cup:etheor:v:19:y:2003:i:06:p:923-943_19)
• The Impact Of Inflation and Uncertainty On The Optimum Price Set By Firms
  Dundee Discussion Papers in Economics, Economic Studies, University of Dundee ()
  by Bill Russell & Jonathan Evans & Bruce Preston
  (ReDIF-paper, dun:dpaper:084)
• Adaptive learning and the use of forecasts in monetary policy
  Journal of Economic Dynamics and Control, Elsevier (2008)
  by Preston, Bruce
  (ReDIF-article, eee:dyncon:v:32:y:2008:i:11:p:3661-3681)
• Bayesian averaging, prediction and nonnested model selection
  Journal of Econometrics, Elsevier (2012)
  by Hong, Han & Preston, Bruce
  (ReDIF-article, eee:econom:v:167:y:2012:i:2:p:358-369)
• Some implications of learning for price stability
  European Economic Review, Elsevier (2018)
  by Eusepi, Stefano & Giannoni, Marc P. & Preston, Bruce
  (ReDIF-article, eee:eecrev:v:106:y:2018:i:c:p:1-20)
• Can structural small open-economy models account for the influence of foreign disturbances?
  Journal of International Economics, Elsevier (2010)
  by Justiniano, Alejandro & Preston, Bruce
  (ReDIF-article, eee:inecon:v:81:y:2010:i:1:p:61-74)
• Learning the fiscal theory of the price level: Some consequences of debt-management policy
  Journal of the Japanese and International Economies, Elsevier (2011)
  by Eusepi, Stefano & Preston, Bruce
  (ReDIF-article, eee:jjieco:v:25:y:2011:i:4:p:358-379)
• Adaptive learning, forecast-based instrument rules and monetary policy
  Journal of Monetary Economics, Elsevier (2006)
  by Preston, Bruce
  (ReDIF-article, eee:moneco:v:53:y:2006:i:3:p:507-535)
• Consumption heterogeneity, employment dynamics and macroeconomic co-movement
  Journal of Monetary Economics, Elsevier (2015)
  by Eusepi, Stefano & Preston, Bruce
  (ReDIF-article, eee:moneco:v:71:y:2015:i:c:p:13-32)
• Can Structural Small Open Economy Models Account For The Influence Of Foreign Disturbances?
  CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2006)
  by Alejandro Justiniano & Bruce Preston
  (ReDIF-paper, een:camaaa:2006-12)
• Expectations, Learning And Business Cycle Fluctuations
  CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2008)
  by Stefano Eusepi & Bruce Preston
  (ReDIF-paper, een:camaaa:2008-20)
• Debt, Policy Uncertainty and Expectations Stabilization
  CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2010)
  by Stefano Eusepi & Bruce Preston
  (ReDIF-paper, een:camaaa:2010-20)
• The science of monetary policy: an imperfect knowledge perspective
  CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2016)
  by Stefano Eusepi & Bruce Preston
  (ReDIF-paper, een:camaaa:2016-07)
• Some implications of learning for price stability
  CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2017)
  by Stefano Eusepi & Marc P. Giannoni & Bruce Preston
  (ReDIF-paper, een:camaaa:2017-08)
• Fiscal foundations of inflation: Imperfect knowledge
  CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2017)
  by Stefano Eusepi & Bruce Preston
  (ReDIF-paper, een:camaaa:2017-34)
• The case for reform of the RBA's policy and communication strategy
  CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2020)
  by Bruce Preston
  (ReDIF-paper, een:camaaa:2020-03)
• Anchored inflation expectations
  CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2020)
  by Carlos Carvalho & Stefano Eusepi & Emanuel Moench & Bruce Preston
  (ReDIF-paper, een:camaaa:2020-25)
• Monetary policy trade-offs at the zero lower bound
  CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2022)
  by Stefano Eusepi & Christopher G. Gibbs & Bruce Preston
  (ReDIF-paper, een:camaaa:2022-26)
• A Short History in Defence of Adaptive Learning
  CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2023)
  by Stefano Eusepi & Bruce Preston
  (ReDIF-paper, een:camaaa:2023-52)
• The Impact of Inflation and Uncertainty on the Optimum Markup Set by Firms
  Economics Working Papers, European University Institute (2002)
  by Bill RUSSELL & Jonathan EVANS & Bruce PRESTON
  (ReDIF-paper, eui:euiwps:eco2002/02)
• Learning about monetary policy rules when long-horizon expectations matter
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2003)
  by Bruce Preston
  (ReDIF-paper, fip:fedawp:2003-18)
• Central bank communication and expectations stabilization
  Proceedings, Federal Reserve Bank of San Francisco (2007)
  by Stefano Eusepi & Bruce Preston
  (ReDIF-article, fip:fedfpr:y:2007:x:1)
• Recovery of 1933
  Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2023)
  by Margaret M. Jacobson & Eric M. Leeper & Bruce Preston
  (ReDIF-paper, fip:fedgfe:2023-32)
• Can structural small open economy models account for the influence of foreign disturbances?
  Working Paper Series, Federal Reserve Bank of Chicago (2009)
  by Alejandro Justiniano & Bruce Preston
  (ReDIF-paper, fip:fedhwp:wp-09-19)
• Monetary policy and uncertainty in an empirical small open economy model
  Working Paper Series, Federal Reserve Bank of Chicago (2009)
  by Alejandro Justiniano & Bruce Preston
  (ReDIF-paper, fip:fedhwp:wp-09-21)
• Stabilizing expectations under monetary and fiscal policy coordination
  Staff Reports, Federal Reserve Bank of New York (2008)
  by Stefano Eusepi & Bruce Preston
  (ReDIF-paper, fip:fednsr:343)
• Consumption heterogeneity, employment dynamics, and macroeconomic co-movement
  Staff Reports, Federal Reserve Bank of New York (2009)
  by Stefano Eusepi & Bruce Preston
  (ReDIF-paper, fip:fednsr:399)
• Learning the fiscal theory of the price level: some consequences of debt management policy
  Staff Reports, Federal Reserve Bank of New York (2011)
  by Stefano Eusepi & Bruce Preston
  (ReDIF-paper, fip:fednsr:515)
• Long-term debt pricing and monetary policy transmission under imperfect knowledge
  Staff Reports, Federal Reserve Bank of New York (2012)
  by Stefano Eusepi & Marc Giannoni & Bruce Preston
  (ReDIF-paper, fip:fednsr:547)
• Fiscal foundations of inflation: imperfect knowledge
  Staff Reports, Federal Reserve Bank of New York (2013)
  by Stefano Eusepi & Bruce Preston
  (ReDIF-paper, fip:fednsr:649)
• The science of monetary policy: an imperfect knowledge perspective
  Staff Reports, Federal Reserve Bank of New York (2016)
  by Stefano Eusepi & Bruce Preston
  (ReDIF-paper, fip:fednsr:782)
• The Term Structure of Expectations
  Staff Reports, Federal Reserve Bank of New York (2021)
  by Richard K. Crump & Stefano Eusepi & Emanuel Moench & Bruce Preston
  (ReDIF-paper, fip:fednsr:93341)
• How Do We Learn About the Long Run?
  Staff Reports, Federal Reserve Bank of New York (2025)
  by Richard K. Crump & Stefano Eusepi & Emanuel Moench & Bruce Preston
  (ReDIF-paper, fip:fednsr:99868)
• Learning about Monetary Policy Rules when Long-Horizon Expectations Matter
  International Journal of Central Banking, International Journal of Central Banking (2005)
  by Bruce Preston
  (ReDIF-article, ijc:ijcjou:y:2005:q:3:a:3)
• Monetary policy and uncertainty in an empirical small open-economy model
  Journal of Applied Econometrics, John Wiley & Sons, Ltd. (2010)
  by Alejandro Justiniano & Bruce Preston
  (ReDIF-article, jae:japmet:v:25:y:2010:i:1:p:93-128)
• Empirical Likelihood-Based Selection Criteria for Moment Condition Models
  Economics Working Paper Archive, The Johns Hopkins University,Department of Economics (2001)
  by Han Hong & Bruce Preston & Matthew Shum
  (ReDIF-paper, jhu:papers:459)
• Learning the Fiscal Theory of the Price Level: Some Consequences of Debt-Management Policy
  NBER Chapters, National Bureau of Economic Research, Inc (2010)
  by Stefano Eusepi & Bruce Preston
  (ReDIF-chapter, nbr:nberch:12696)
• Comment on "Dormant Shocks and Fiscal Virtue"
  NBER Chapters, National Bureau of Economic Research, Inc (2013)
  by Bruce Preston
  (ReDIF-chapter, nbr:nberch:12936)
• Central Bank Communication and Expectations Stabilization
  NBER Working Papers, National Bureau of Economic Research, Inc (2007)
  by Stefano Eusepi & Bruce Preston
  (ReDIF-paper, nbr:nberwo:13259)
• Incomplete Markets, Heterogeneity and Macroeconomic Dynamics
  NBER Working Papers, National Bureau of Economic Research, Inc (2007)
  by Bruce Preston & Mauro Roca
  (ReDIF-paper, nbr:nberwo:13260)
• Expectations, Learning and Business Cycle Fluctuations
  NBER Working Papers, National Bureau of Economic Research, Inc (2008)
  by Stefano Eusepi & Bruce Preston
  (ReDIF-paper, nbr:nberwo:14181)
• Bayesian Averaging, Prediction and Nonnested Model Selection
  NBER Working Papers, National Bureau of Economic Research, Inc (2008)
  by Han Hong & Bruce Preston
  (ReDIF-paper, nbr:nberwo:14284)
• Stabilizing Expectations under Monetary and Fiscal Policy Coordination
  NBER Working Papers, National Bureau of Economic Research, Inc (2008)
  by Stefano Eusepi & Bruce Preston
  (ReDIF-paper, nbr:nberwo:14391)
• Can Structural Small Open Economy Models Account for the Influence of Foreign Disturbances?
  NBER Working Papers, National Bureau of Economic Research, Inc (2008)
  by Alejandro Justiniano & Bruce Preston
  (ReDIF-paper, nbr:nberwo:14547)
• Labor Supply Heterogeneity and Macroeconomic Co-movement
  NBER Working Papers, National Bureau of Economic Research, Inc (2009)
  by Stefano Eusepi & Bruce Preston
  (ReDIF-paper, nbr:nberwo:15561)
• Recovery of 1933
  NBER Working Papers, National Bureau of Economic Research, Inc (2019)
  by Margaret M. Jacobson & Eric M. Leeper & Bruce Preston
  (ReDIF-paper, nbr:nberwo:25629)
• Precautionary Saving and Consumption Fluctuations
  NBER Working Papers, National Bureau of Economic Research, Inc (2002)
  by Jonathan Parker & Bruce Preston
  (ReDIF-paper, nbr:nberwo:9196)
• Learning about Monetary Policy Rules when Long-Horizon Expectations Matter
  MPRA Paper, University Library of Munich, Germany (2005)
  by Preston, Bruce
  (ReDIF-paper, pra:mprapa:830)
• Precautionary Saving and Consumption Fluctuations
  Working Papers, Princeton University, School of Public and International Affairs, Discussion Papers in Economics (2004)
  by Jonathan A. Parker & Bruce Preston
  (ReDIF-paper, pri:wwseco:dp227.pdf)
• Overview
  RBA Annual Conference Papers, Reserve Bank of Australia (2022)
  by Bruce Preston & John Simon
  (ReDIF-paper, rba:rbaacp:acp2022-01)
• Discussion of Is Monetary Policy Less Effective When Interest Rates Are Persistently Low?
  RBA Annual Conference Volume (Discontinued), Reserve Bank of Australia (2017)
  by Bruce Preston
  (ReDIF-chapter, rba:rbaacv:acv2017-05)
• Discussion of Robust Design Principles for Monetary Policy Committees
  RBA Annual Conference Volume (Discontinued), Reserve Bank of Australia (2018)
  by Bruce Preston
  (ReDIF-chapter, rba:rbaacv:acv2018-14)
• Consumption, Investment and International Linkages
  RBA Research Discussion Papers, Reserve Bank of Australia (1995)
  by Guy Debelle & Bruce Preston
  (ReDIF-paper, rba:rbardp:rdp9512)
• Online Appendix to "Non-Rational Beliefs in an Open Economy"
  Online Appendices, Review of Economic Dynamics (2021)
  by Qingyuan Du & Stefano Eusepi & Bruce Preston
  (ReDIF-paper, red:append:20-56)
• Code and data files for "Non-Rational Beliefs in an Open Economy"
  Computer Codes, Review of Economic Dynamics (2021)
  by Qingyuan Du & Stefano Eusepi & Bruce Preston
  (ReDIF-software, red:ccodes:20-56)
• Non-Rational Beliefs in an Open Economy
  Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2021)
  by Qingyuan Du & Stefano Eusepi & Bruce Preston
  (ReDIF-article, red:issued:20-56)
• Can Structural Small Open Economy Models Account for the Influence of Foreign Disturbances?
  2006 Meeting Papers, Society for Economic Dynamics (2006)
  by Alejandro Justiniano & Bruce Preston
  (ReDIF-paper, red:sed006:479)
• Adaptive Learning as a Propagation Mechanism
  2007 Meeting Papers, Society for Economic Dynamics (2007)
  by Bruce Preston & Stefano Eusepi
  (ReDIF-paper, red:sed007:954)
• Comovement in Business Cycle Models: the Role of Nonseparable Preferences and Labor Market Participation
  2009 Meeting Papers, Society for Economic Dynamics (2009)
  by Bruce Preston & Stefano Eusepi
  (ReDIF-paper, red:sed009:1159)
• The maturity structure of debt, monetary policy and expectations stabilization
  2011 Meeting Papers, Society for Economic Dynamics (2011)
  by Bruce Preston & Stefano Eusepi
  (ReDIF-paper, red:sed011:1287)
• The Limits of Monetary Policy Under Imperfect Knowledge
  2014 Meeting Papers, Society for Economic Dynamics (2014)
  by Marc Giannoni & Bruce Preston & Stefano Eusepi
  (ReDIF-paper, red:sed014:1383)
• What drives long-run inflation expectations?
  2015 Meeting Papers, Society for Economic Dynamics (2015)
  by Stefano Eusepi & Emanuel Moench & Bruce Preston & Carlos Carvalho
  (ReDIF-paper, red:sed015:1228)
• Foreign shock transmission in small open economies
  Computing in Economics and Finance 2006, Society for Computational Economics (2006)
  by Alejandro Justiniano & Bruce Preston
  (ReDIF-paper, sce:scecfa:434)
• Monetary policy and uncertainty in an empirical small open‐economy model
  Journal of Applied Econometrics, John Wiley & Sons, Ltd. (2010)
  by Alejandro Justiniano & Bruce Preston
  (ReDIF-article, wly:japmet:v:25:y:2010:i:1:p:93-128)
• Forward guidance with unanchored expectations
  Bank of Finland Research Discussion Papers, Bank of Finland (2021)
  by Eusepi, Stefano & Gibbs, Chris & Preston, Bruce
  (ReDIF-paper, zbw:bofrdp:rdp2021_011)