Tao Zha

Names

Identifer

Contact

Affiliations

• Federal Reserve Bank of Atlanta / Center for Quantitative Economic Research (CQER) (weight: 46%)
  • EDIRC entry
  • location:
• Emory University / Department of Economics (weight: 30%)
  • EDIRC entry
  • location:
• Federal Reserve Bank of Atlanta / Economic Research Department (weight: 24%)
  • EDIRC entry
  • location:

Research profile

author of:

• Generalizing the Taylor Principle: Comment
  American Economic Review, American Economic Association (2010)
  by Roger E. A. Farmer & Daniel F. Waggoner & Tao Zha
  (ReDIF-article, aea:aecrev:v:100:y:2010:i:1:p:608-17)
• The Nexus of Monetary Policy and Shadow Banking in China
  American Economic Review, American Economic Association (2018)
  by Kaiji Chen & Jue Ren & Tao Zha
  (ReDIF-article, aea:aecrev:v:108:y:2018:i:12:p:3891-3936)
• Were There Regime Switches in U.S. Monetary Policy?
  American Economic Review, American Economic Association (2006)
  by Christopher A. Sims & Tao Zha
  (ReDIF-article, aea:aecrev:v:96:y:2006:i:1:p:54-81)
• Shocks and Government Beliefs: The Rise and Fall of American Inflation
  American Economic Review, American Economic Association (2006)
  by Thomas Sargent & Noah Williams & Tao Zha
  (ReDIF-article, aea:aecrev:v:96:y:2006:i:4:p:1193-1224)
• Behavior and the Transmission of COVID-19
  AEA Papers and Proceedings, American Economic Association (2021)
  by Andrew G. Atkeson & Karen Kopecky & Tao Zha
  (ReDIF-article, aea:apandp:v:111:y:2021:p:356-60)
• What Does Monetary Policy Do?
  Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution (1996)
  by Eric M. Leeper & Christopher A. Sims & Tao Zha
  (ReDIF-article, bin:bpeajo:v:27:y:1996:i:1996-2:p:1-78)
• Indeterminacy in a forward‐looking regime switching model
  International Journal of Economic Theory, The International Society for Economic Theory (2009)
  by Roger E. A. Farmer & Daniel F. Waggoner & Tao Zha
  (ReDIF-article, bla:ijethy:v:5:y:2009:i:1:p:69-84)
• Monetary Stimulus amidst the Infrastructure Investment Spree: Evidence from China's Loan‐Level Data
  Journal of Finance, American Finance Association (2023)
  by Kaiji Chen & Haoyu Gao & Patrick Higgins & Daniel F. Waggoner & Tao Zha
  (ReDIF-article, bla:jfinan:v:78:y:2023:i:2:p:1147-1204)
• Quantifying the Half-Life of Deviations from PPP: The Role of Economic Priors
  CEPR Discussion Papers, C.E.P.R. Discussion Papers (1999)
  by Kilian, Lutz & Zha, Tao
  (ReDIF-paper, cpr:ceprdp:2334)
• Indeterminacy in a Forward Looking Regime Switching Model
  CEPR Discussion Papers, C.E.P.R. Discussion Papers (2006)
  by Farmer, Roger & Zha, Tao & ,
  (ReDIF-paper, cpr:ceprdp:5919)
• Perturbation Methods for Markov-Switching DSGE Models
  CEPR Discussion Papers, C.E.P.R. Discussion Papers (2013)
  by Zha, Tao & Rubio-Ramírez, Juan Francisco & , & Foerster, Andrew
  (ReDIF-paper, cpr:ceprdp:9464)
• Bankruptcy Law, Capital Allocation, and Aggregate Effects: A Dynamic Heterogenous Agent Model with Incomplete Markets
  Annals of Economics and Finance, Society for AEF (2001)
  by Tao Zha
  (ReDIF-article, cuf:journl:y:2001:v:2:i:2:p:379-400)
• Unknown item RePEc:cuf:wpaper:65 (paper)
• Does Monetary Policy Generate Recessions?
  Macroeconomic Dynamics, Cambridge University Press (2006)
  by Sims, Christopher A. & Zha, Tao
  (ReDIF-article, cup:macdyn:v:10:y:2006:i:02:p:231-272_05)
• Error Bands for Impulse Responses
  Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University (1994)
  by Christopher A. Sims & Tao Zha
  (ReDIF-paper, cwl:cwldpp:1085)
• Transparency, expectations, and forecasts
  Working Paper Series, European Central Bank (2006)
  by Bauer, Andrew & Eisenbeis, Robert & Waggoner, Daniel & Zha, Tao
  (ReDIF-paper, ecb:ecbwps:2006637)
• Learning, Adaptive Expectations and Technology Shocks
  Economic Journal, Royal Economic Society (2009)
  by KevinX.D. Huang & Zheng Liu & Tao Zha
  (ReDIF-article, ecj:econjl:v:119:y:2009:i:536:p:377-405)
• Error Bands for Impulse Responses
  Econometrica, Econometric Society (1999)
  by Christopher A. Sims & Tao Zha
  (ReDIF-article, ecm:emetrp:v:67:y:1999:i:5:p:1113-1156)
• Land‐Price Dynamics and Macroeconomic Fluctuations
  Econometrica, Econometric Society (2013)
  by Zheng Liu & Pengfei Wang & Tao Zha
  (ReDIF-article, ecm:emetrp:v:81:y:2013:i:3:p:1147-1184)
• Sources of macroeconomic fluctuations: A regime‐switching DSGE approach
  Quantitative Economics, Econometric Society (2011)
  by Zheng Liu & Daniel F. Waggoner & Tao Zha
  (ReDIF-article, ecm:quante:v:2:y:2011:i:2:p:251-301)
• Forecasting China's economic growth and inflation
  China Economic Review, Elsevier (2016)
  by Higgins, Patrick & Zha, Tao & Zhong, Wenna
  (ReDIF-article, eee:chieco:v:41:y:2016:i:c:p:46-61)
• Trends in velocity and policy expectations
  Carnegie-Rochester Conference Series on Public Policy, Elsevier (1998)
  by Gordon, David B. & Leeper, Eric M. & Zha, Tao
  (ReDIF-article, eee:crcspp:v:49:y:1998:i::p:265-304)
• A Gibbs sampler for structural vector autoregressions
  Journal of Economic Dynamics and Control, Elsevier (2003)
  by Waggoner, Daniel F. & Zha, Tao
  (ReDIF-article, eee:dyncon:v:28:y:2003:i:2:p:349-366)
• Minimal state variable solutions to Markov-switching rational expectations models
  Journal of Economic Dynamics and Control, Elsevier (2011)
  by Farmer, Roger E.A. & Waggoner, Daniel F. & Zha, Tao
  (ReDIF-article, eee:dyncon:v:35:y:2011:i:12:p:2150-2166)
• Likelihood preserving normalization in multiple equation models
  Journal of Econometrics, Elsevier (2003)
  by Waggoner, Daniel F. & Zha, Tao
  (ReDIF-article, eee:econom:v:114:y:2003:i:2:p:329-347)
• Methods for inference in large multiple-equation Markov-switching models
  Journal of Econometrics, Elsevier (2008)
  by Sims, Christopher A. & Waggoner, Daniel F. & Zha, Tao
  (ReDIF-article, eee:econom:v:146:y:2008:i:2:p:255-274)
• Confronting model misspecification in macroeconomics
  Journal of Econometrics, Elsevier (2012)
  by Waggoner, Daniel F. & Zha, Tao
  (ReDIF-article, eee:econom:v:171:y:2012:i:2:p:167-184)
• Striated Metropolis–Hastings sampler for high-dimensional models
  Journal of Econometrics, Elsevier (2016)
  by Waggoner, Daniel F. & Wu, Hongwei & Zha, Tao
  (ReDIF-article, eee:econom:v:192:y:2016:i:2:p:406-420)
• Block recursion and structural vector autoregressions
  Journal of Econometrics, Elsevier (1999)
  by Zha, Tao
  (ReDIF-article, eee:econom:v:90:y:1999:i:2:p:291-316)
• Understanding Markov-switching rational expectations models
  Journal of Economic Theory, Elsevier (2009)
  by Farmer, Roger E.A. & Waggoner, Daniel F. & Zha, Tao
  (ReDIF-article, eee:jetheo:v:144:y:2009:i:5:p:1849-1867)
• A theory of housing demand shocks
  Journal of Economic Theory, Elsevier (2022)
  by Dong, Ding & Liu, Zheng & Wang, Pengfei & Zha, Tao
  (ReDIF-article, eee:jetheo:v:203:y:2022:i:c:s0022053122000746)
• Constructing quarterly Chinese time series usable for macroeconomic analysis
  Journal of International Money and Finance, Elsevier (2024)
  by Chen, Kaiji & Higgins, Patrick & Zha, Tao
  (ReDIF-article, eee:jimfin:v:143:y:2024:i:c:s0261560624000391)
• Does fiscal policy matter for stock-bond return correlation?
  Journal of Monetary Economics, Elsevier (2022)
  by Li, Erica X.N. & Zha, Tao & Zhang, Ji & Zhou, Hao
  (ReDIF-article, eee:moneco:v:128:y:2022:i:c:p:20-34)
• Identifying monetary policy in a small open economy under flexible exchange rates
  Journal of Monetary Economics, Elsevier (1997)
  by Cushman, David O. & Zha, Tao
  (ReDIF-article, eee:moneco:v:39:y:1997:i:3:p:433-448)
• Modest policy interventions
  Journal of Monetary Economics, Elsevier (2003)
  by Leeper, Eric M. & Zha, Tao
  (ReDIF-article, eee:moneco:v:50:y:2003:i:8:p:1673-1700)
• Land prices and unemployment
  Journal of Monetary Economics, Elsevier (2016)
  by Liu, Zheng & Miao, Jianjun & Zha, Tao
  (ReDIF-article, eee:moneco:v:80:y:2016:i:c:p:86-105)
• Perturbation Methods for Markov-Switching DSGE Models
  Working Papers, FEDEA (2013)
  by Andrew Foerster & Juan Rubio-Ramirez & Dan Waggoner & Ta Zha
  (ReDIF-paper, fda:fdaddt:2013-22)
• Unknown item RePEc:fip:a00001:87864 (paper)
• What Accounts for the Growing Divergence between Employment Measures?
  Policy Hub, Federal Reserve Bank of Atlanta (2024)
  by Jonathan L. Willis & Tao Zha
  (ReDIF-article, fip:a00068:99103)
• Impacts of COVID-19: Mitigation Efforts versus Herd Immunity
  Policy Hub, Federal Reserve Bank of Atlanta (2020)
  by Karen A. Kopecky & Tao Zha
  (ReDIF-article, fip:a00068:99131)
• Identifying monetary policy: a primer
  Economic Review, Federal Reserve Bank of Atlanta (1997)
  by Tao Zha
  (ReDIF-article, fip:fedaer:y:1997:i:q2:p:26-43:n:v.82no.2)
• A dynamic multivariate model for use in formulating policy
  Economic Review, Federal Reserve Bank of Atlanta (1998)
  by Tao Zha
  (ReDIF-article, fip:fedaer:y:1998:i:q1:p:16-29:n:v.83no.1)
• Evaluating the effects of monetary policy with economic models
  Economic Review, Federal Reserve Bank of Atlanta (1999)
  by Tao Zha
  (ReDIF-article, fip:fedaer:y:1999:i:q4:p:4-15:n:v.84no.4)
• Monetary policy and racial unemployment rates
  Economic Review, Federal Reserve Bank of Atlanta (2000)
  by Madeline Zavodny & Tao Zha
  (ReDIF-article, fip:fedaer:y:2000:i:q4:p:1-16:n:v.85no.4)
• Assessing simple policy rules: A view from a complete macroeconomic model
  Economic Review, Federal Reserve Bank of Atlanta (2001)
  by Eric M. Leeper & Tao Zha
  (ReDIF-article, fip:fedaer:y:2001:i:q4:p:35-58:n:v.86no.4)
• Forecast evaluation with cross-sectional data: The Blue Chip Surveys
  Economic Review, Federal Reserve Bank of Atlanta (2003)
  by Andrew Bauer & Robert A. Eisenbeis & Daniel F. Waggoner & Tao Zha
  (ReDIF-article, fip:fedaer:y:2003:i:q2:p:17-31:n:v.88no.2)
• Transparency, expectations and forecasts
  Economic Review, Federal Reserve Bank of Atlanta (2006)
  by Andrew Bauer & Robert A. Eisenbeis & Daniel F. Waggoner & Tao Zha
  (ReDIF-article, fip:fedaer:y:2006:i:q1:p:1-25:n:v.91no.1)
• Assessing simple policy rules: a view from a complete macro model
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2000)
  by Eric M. Leeper & Tao Zha
  (ReDIF-paper, fip:fedawp:2000-19)
• A Gibbs simulator for restricted VAR models
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2000)
  by Daniel F. Waggoner & Tao Zha
  (ReDIF-paper, fip:fedawp:2000-3)
• Likelihood-preserving normalization in multiple equation models
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2000)
  by Daniel F. Waggoner & Tao Zha
  (ReDIF-paper, fip:fedawp:2000-8)
• Modest policy interventions
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2002)
  by Eric M. Leeper & Tao Zha
  (ReDIF-paper, fip:fedawp:2002-19)
• Evaluating Wall Street Journal survey forecasters: a multivariate approach
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2002)
  by Robert A. Eisenbeis & Daniel F. Waggoner & Tao Zha
  (ReDIF-paper, fip:fedawp:2002-8)
• Modest policy interventions
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2003)
  by Eric M. Leeper & Tao Zha
  (ReDIF-paper, fip:fedawp:2003-24)
• Normalization in econometrics
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2004)
  by James D. Hamilton & Daniel F. Waggoner & Tao Zha
  (ReDIF-paper, fip:fedawp:2004-13)
• Were there regime switches in U.S. monetary policy?
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2004)
  by Christopher A. Sims & Tao Zha
  (ReDIF-paper, fip:fedawp:2004-14)
• MCMC method for Markov mixture simultaneous-equation models: a note
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2004)
  by Christopher A. Sims & Tao Zha
  (ReDIF-paper, fip:fedawp:2004-15)
• Shocks and government beliefs: the rise and fall of American inflation
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2004)
  by Thomas J. Sargent & Noah Williams & Tao Zha
  (ReDIF-paper, fip:fedawp:2004-22)
• Markov-switching structural vector autoregressions: theory and application
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2005)
  by Juan F. Rubio-Ramirez & Daniel F. Waggoner & Tao Zha
  (ReDIF-paper, fip:fedawp:2005-27)
• Transparency, expectations, and forecasts
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2006)
  by Andrew Bauer & Robert A. Eisenbeis & Daniel F. Waggoner & Tao Zha
  (ReDIF-paper, fip:fedawp:2006-03)
• Indeterminacy in a forward-looking regime-switching model
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2007)
  by Roger E. A. Farmer & Daniel F. Waggoner & Tao Zha
  (ReDIF-paper, fip:fedawp:2006-19)
• The conquest of South American inflation
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2006)
  by Thomas J. Sargent & Noah Williams & Tao Zha
  (ReDIF-paper, fip:fedawp:2006-20)
• Methods for inference in large multiple-equation Markov-switching models
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2006)
  by Christopher A. Sims & Daniel F. Waggoner & Tao Zha
  (ReDIF-paper, fip:fedawp:2006-22)
• Understanding the New Keynesian model when monetary policy switches regimes
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2007)
  by Roger E. A. Farmer & Daniel F. Waggoner & Tao Zha
  (ReDIF-paper, fip:fedawp:2007-12)
• Asymmetric expectation effects of regime shifts and the Great Moderation
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2007)
  by Zheng Liu & Daniel F. Waggoner & Tao Zha
  (ReDIF-paper, fip:fedawp:2007-23)
• Structural vector autoregressions: theory of identification and algorithms for inference
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2008)
  by Juan F. Rubio-Ramirez & Daniel F. Waggoner & Tao Zha
  (ReDIF-paper, fip:fedawp:2008-18)
• Generalizing the Taylor principle: comment
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2008)
  by Roger E. A. Farmer & Daniel F. Waggoner & Tao Zha
  (ReDIF-paper, fip:fedawp:2008-19)
• Learning, adaptive expectations, and technology shocks
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2008)
  by Kevin X. D. Huang & Zheng Liu & Tao Zha
  (ReDIF-paper, fip:fedawp:2008-20)
• Minimal state variable solutions to Markov-switching rational expectations models
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2008)
  by Roger E. A. Farmer & Daniel F. Waggoner & Tao Zha
  (ReDIF-paper, fip:fedawp:2008-23)
• Sources of the Great Moderation: shocks, frictions, or monetary policy?
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2009)
  by Zheng Liu & Daniel F. Waggoner & Tao Zha
  (ReDIF-paper, fip:fedawp:2009-03)
• Understanding Markov-switching rational expectations models
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2009)
  by Roger E. A. Farmer & Daniel F. Waggoner & Tao Zha
  (ReDIF-paper, fip:fedawp:2009-05)
• Do credit constraints amplify macroeconomic fluctuations?
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2010)
  by Zheng Liu & Pengfei Wang & Tao Zha
  (ReDIF-paper, fip:fedawp:2010-01)
• Confronting model misspecification in macroeconomics
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2010)
  by Daniel F. Waggoner & Tao Zha
  (ReDIF-paper, fip:fedawp:2010-18)
• Land-price dynamics and macroeconomic fluctuations
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2011)
  by Zheng Liu & Pengfei Wang & Tao Zha
  (ReDIF-paper, fip:fedawp:2011-11)
• Perturbation methods for Markov-switching DSGE models
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2013)
  by Andrew Foerster & Juan F. Rubio-Ramirez & Daniel F. Waggoner & Tao Zha
  (ReDIF-paper, fip:fedawp:2013-01)
• Land prices and unemployment
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2013)
  by Zheng Liu & Jianjun Miao & Tao Zha
  (ReDIF-paper, fip:fedawp:2013-06)
• Liquidity Premia, Price-Rent Dynamics, and Business Cycles
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2014)
  by Jianjun Miao & Pengfei Wang & Tao Zha
  (ReDIF-paper, fip:fedawp:2014-15)
• Perturbation methods for Markov-switching DSGE models
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2014)
  by Andrew T. Foerster & Juan F. Rubio-Ramirez & Daniel F. Waggoner & Tao Zha
  (ReDIF-paper, fip:fedawp:2014-16)
• The Dynamic Striated Metropolis-Hastings Sampler for High-Dimensional Models
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2014)
  by Daniel F. Waggoner & Hongwei Wu & Tao Zha
  (ReDIF-paper, fip:fedawp:2014-21)
• Trends and cycles in China's macroeconomy
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2015)
  by Chun Chang & Kaiji Chen & Daniel F. Waggoner & Tao Zha
  (ReDIF-paper, fip:fedawp:2015-05)
• Assessing the macroeconomic impact of bank intermediation shocks: a structural approach
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2015)
  by Kaiji Chen & Tao Zha
  (ReDIF-paper, fip:fedawp:2015-08)
• What we learn from China's rising shadow banking: exploring the nexus of monetary tightening and banks' role in entrusted lending
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2016)
  by Kaiji Chen & Jue Ren & Tao Zha
  (ReDIF-paper, fip:fedawp:2016-01)
• Forecasting China's Economic Growth and Inflation
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2016)
  by Patrick C. Higgins & Tao Zha & Karen Zhong
  (ReDIF-paper, fip:fedawp:2016-07)
• Impacts of Monetary Stimulus on Credit Allocation and Macroeconomy: Evidence from China
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2016)
  by Kaiji Chen & Patrick C. Higgins & Daniel F. Waggoner & Tao Zha
  (ReDIF-paper, fip:fedawp:2016-09)
• Macroeconomic Effects of China's Financial Policies
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2018)
  by Kaiji Chen & Tao Zha
  (ReDIF-paper, fip:fedawp:2018-12)
• A Theory of Housing Demand Shocks
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2019)
  by Zheng Liu & Pengfei Wang & Tao Zha
  (ReDIF-paper, fip:fedawp:2019-04)
• Cyclical Lending Standards: A Structural Analysis
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2020)
  by Kaiji Chen & Patrick C. Higgins & Tao Zha
  (ReDIF-paper, fip:fedawp:88035)
• Discount Shock, Price-Rent Dynamics, and the Business Cycle
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2020)
  by Jianjun Miao & Pengfei Wang & Tao Zha
  (ReDIF-paper, fip:fedawp:88036)
• Four Stylized Facts about COVID-19
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2020)
  by Andrew Atkeson & Karen A. Kopecky & Tao Zha
  (ReDIF-paper, fip:fedawp:89446)
• Monetary Stimulus amid the Infrastructure Investment Spree: Evidence from China's Loan-Level Data
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2020)
  by Kaiji Chen & Haoyu Gao & Patrick C. Higgins & Daniel F. Waggoner & Tao Zha
  (ReDIF-paper, fip:fedawp:89447)
• Stock-Bond Return Correlation, Bond Risk Premium Fundamentals, and Fiscal-Monetary Policy Regime
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2020)
  by Erica X.N. Li & Tao Zha & Ji Zhang & Hao Zhou
  (ReDIF-paper, fip:fedawp:89451)
• The S-curve: Understanding the Dynamics of Worldwide Financial Liberalization
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2021)
  by Nan Li & Chris Papageorgiou & Tao Zha
  (ReDIF-paper, fip:fedawp:92893)
• Error bands for impulse responses
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (1995)
  by Christopher A. Sims & Tao Zha
  (ReDIF-paper, fip:fedawp:95-6)
• Identifying monetary policy in a small open economy under flexible exchange rates
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (1995)
  by David O. Cushman & Tao Zha
  (ReDIF-paper, fip:fedawp:95-7)
• Bankruptcy law, capital allocation, and aggregate effects: a dynamic heterogeneous agent model with incomplete markets
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (1995)
  by Tao Zha
  (ReDIF-paper, fip:fedawp:95-8)
• Bayesian methods for dynamic multivariate models
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (1996)
  by Christopher A. Sims & Tao Zha
  (ReDIF-paper, fip:fedawp:96-13)
• Identification, vector autoregression, and block recursion
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (1996)
  by Tao Zha
  (ReDIF-paper, fip:fedawp:96-8)
• Normalization, probability distribution, and impulse responses
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (1997)
  by Daniel F. Waggoner & Tao Zha
  (ReDIF-paper, fip:fedawp:97-11)
• Trends in velocity and policy expectations
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (1997)
  by David B. Gordon & Eric M. Leeper & Tao Zha
  (ReDIF-paper, fip:fedawp:97-7)
• Does monetary policy generate recessions?
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (1998)
  by Christopher A. Sims & Tao Zha
  (ReDIF-paper, fip:fedawp:98-12)
• Conditional forecasts in dynamic multivariate models
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (1998)
  by Daniel F. Waggoner & Tao Zha
  (ReDIF-paper, fip:fedawp:98-22)
• Quantifying the half-life of deviations from PPP: The role of economic priors
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (1999)
  by Lutz Kilian & Tao Zha
  (ReDIF-paper, fip:fedawp:99-21)
• Modest policy interventions
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (1999)
  by Eric M. Leeper & Tao Zha
  (ReDIF-paper, fip:fedawp:99-22)
• Empirical analysis of policy interventions
  Proceedings, Federal Reserve Bank of San Francisco (2002)
  by Eric M. Leeper & Tao Zha
  (ReDIF-article, fip:fedfpr:y:2002:i:mar:x:1)
• Macroeconomic switching
  Proceedings, Federal Reserve Bank of San Francisco (2002)
  by Christopher A. Sims & Tao Zha
  (ReDIF-article, fip:fedfpr:y:2002:i:mar:x:6)
• Learning, adaptive expectations, and technology shocks
  Working Paper Series, Federal Reserve Bank of San Francisco (2008)
  by Kevin X. D. Huang & Zheng Liu & Tao Zha
  (ReDIF-paper, fip:fedfwp:2008-18)
• Asymmetric expectation effects of regime shifts in monetary policy
  Working Paper Series, Federal Reserve Bank of San Francisco (2008)
  by Zheng Liu & Daniel F. Waggoner & Tao Zha
  (ReDIF-paper, fip:fedfwp:2008-22)
• Sources of the Great Moderation: shocks, friction, or monetary policy?
  Working Paper Series, Federal Reserve Bank of San Francisco (2009)
  by Zheng Liu & Daniel F. Waggoner & Tao Zha
  (ReDIF-paper, fip:fedfwp:2009-01)
• Do credit constraints amplify macroeconomic fluctuations?
  Working Paper Series, Federal Reserve Bank of San Francisco (2009)
  by Zheng Liu & Pengfei Wang & Tao Zha
  (ReDIF-paper, fip:fedfwp:2009-28)
• Land-price dynamics and macroeconomic fluctuations
  Working Paper Series, Federal Reserve Bank of San Francisco (2011)
  by Zheng Liu & Pengfei Wang & Tao Zha
  (ReDIF-paper, fip:fedfwp:2011-26)
• Land Prices and Unemployment
  Working Paper Series, Federal Reserve Bank of San Francisco (2013)
  by Zheng Liu & Jianjun Miao & Tao Zha
  (ReDIF-paper, fip:fedfwp:2013-22)
• A Theory of Housing Demand Shocks
  Working Paper Series, Federal Reserve Bank of San Francisco (2022)
  by Ding Dong & Zheng Liu & Pengfei Wang & Tao Zha
  (ReDIF-paper, fip:fedfwp:2019-09)
• Perturbation methods for Markov-switching DSGE model
  Research Working Paper, Federal Reserve Bank of Kansas City (2013)
  by Andrew T. Foerster & Juan F. Rubio-Ramirez & Daniel F. Waggoner & Tao Zha
  (ReDIF-paper, fip:fedkrw:rwp13-01)
• Assessing simple policy rules: a view from a complete macroeconomic model
  Review, Federal Reserve Bank of St. Louis (2001)
  by Eric M. Leeper & Tao Zha
  (ReDIF-article, fip:fedlrv:y:2001:i:jul:p:83-112:n:v.83no.4)
• Four Stylized Facts about COVID-19
  Staff Report, Federal Reserve Bank of Minneapolis (2020)
  by Andrew Atkeson & Karen A. Kopecky & Tao Zha
  (ReDIF-paper, fip:fedmsr:88626)
• Behavior and the Transmission of COVID-19
  Staff Report, Federal Reserve Bank of Minneapolis (2021)
  by Andrew Atkeson & Karen A. Kopecky & Tao Zha
  (ReDIF-paper, fip:fedmsr:89806)
• Asymmetric expectation effects of regime shifts and the Great Moderation
  Working Papers, Federal Reserve Bank of Minneapolis (2007)
  by Zheng Liu & Daniel F. Waggoner & Tao Zha
  (ReDIF-paper, fip:fedmwp:653)
• Quantifying the Half-Life of Deviations from PPP: The Role of Economic Priors
  Papers, Michigan - Center for Research on Economic & Social Theory (1999)
  by Kilian, L. & Zha, T.
  (ReDIF-paper, fth:michet:99-08)
• Heterogeneity, Capital Allocation and Bankruptcy Law in an Economy with Incomplete Asset Markets
  Papers, Saskatchewan - Department of Economics (1992)
  by Zha, T.
  (ReDIF-paper, fth:saskat:92-9)
• Bayesian Methods for Dynamic Multivariate Models
  International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (1998)
  by Sims, Christopher A & Zha, Tao
  (ReDIF-article, ier:iecrev:v:39:y:1998:i:4:p:949-68)
• Quantifying the uncertainty about the half-life of deviations from PPP
  Journal of Applied Econometrics, John Wiley & Sons, Ltd. (2002)
  by Lutz Kilian & Tao Zha
  (ReDIF-article, jae:japmet:v:17:y:2002:i:2:p:107-125)
• Unknown item RePEc:kie:kieliw:1357 (paper)
• Quantifying the Half-Life of Deviations from PPP: The Role of Economic Priors
  Working Papers, Research Seminar in International Economics, University of Michigan (1999)
  by Kilian, L. & Zha, T.
  (ReDIF-paper, mie:wpaper:450)
• Trends and Cycles in China's Macroeconomy
  NBER Chapters, National Bureau of Economic Research, Inc (2015)
  by Chun Chang & Kaiji Chen & Daniel F. Waggoner & Tao Zha
  (ReDIF-chapter, nbr:nberch:13592)
• Shocks and Government Beliefs: The Rise and Fall of American Inflation
  NBER Working Papers, National Bureau of Economic Research, Inc (2004)
  by Thomas Sargent & Noah Williams & Tao Zha
  (ReDIF-paper, nbr:nberwo:10764)
• Indeterminacy in a Forward Looking Regime Switching Model
  NBER Working Papers, National Bureau of Economic Research, Inc (2006)
  by Roger E. A. Farmer & Daniel F. Waggoner & Tao Zha
  (ReDIF-paper, nbr:nberwo:12540)
• The Conquest of South American Inflation
  NBER Working Papers, National Bureau of Economic Research, Inc (2006)
  by Thomas Sargent & Noah Williams & Tao Zha
  (ReDIF-paper, nbr:nberwo:12606)
• Understanding the New-Keynesian Model when Monetary Policy Switches Regimes
  NBER Working Papers, National Bureau of Economic Research, Inc (2007)
  by Roger E.A. Farmer & Daniel F. Waggoner & Tao Zha
  (ReDIF-paper, nbr:nberwo:12965)
• Understanding Markov-Switching Rational Expectations Models
  NBER Working Papers, National Bureau of Economic Research, Inc (2009)
  by Roger E.A. Farmer & Tao Zha & Daniel F. Waggoner
  (ReDIF-paper, nbr:nberwo:14710)
• Land-price dynamics and macroeconomic fluctuations
  NBER Working Papers, National Bureau of Economic Research, Inc (2011)
  by Zheng Liu & Pengfei Wang & Tao Zha
  (ReDIF-paper, nbr:nberwo:17045)
• Confronting Model Misspecification in Macroeconomics
  NBER Working Papers, National Bureau of Economic Research, Inc (2012)
  by Daniel F. Waggoner & Tao Zha
  (ReDIF-paper, nbr:nberwo:17791)
• Land Prices and Unemployment
  NBER Working Papers, National Bureau of Economic Research, Inc (2013)
  by Zheng Liu & Jianjun Miao & Tao Zha
  (ReDIF-paper, nbr:nberwo:19382)
• Discount Shock, Price-Rent Dynamics, and the Business Cycle
  NBER Working Papers, National Bureau of Economic Research, Inc (2014)
  by Jianjun Miao & Pengfei Wang & Tao Zha
  (ReDIF-paper, nbr:nberwo:20377)
• Perturbation Methods for Markov-Switching DSGE Models
  NBER Working Papers, National Bureau of Economic Research, Inc (2014)
  by Andrew Foerster & Juan Rubio-Ramírez & Daniel F. Waggoner & Tao Zha
  (ReDIF-paper, nbr:nberwo:20390)
• Trends and Cycles in China's Macroeconomy
  NBER Working Papers, National Bureau of Economic Research, Inc (2015)
  by Chun Chang & Kaiji Chen & Daniel F. Waggoner & Tao Zha
  (ReDIF-paper, nbr:nberwo:21244)
• What We Learn from China's Rising Shadow Banking: Exploring the Nexus of Monetary Tightening and Banks' Role in Entrusted Lending
  NBER Working Papers, National Bureau of Economic Research, Inc (2016)
  by Kaiji Chen & Jue Ren & Tao Zha
  (ReDIF-paper, nbr:nberwo:21890)
• Forecasting China's Economic Growth and Inflation
  NBER Working Papers, National Bureau of Economic Research, Inc (2016)
  by Patrick Higgins & Tao Zha & Karen Zhong
  (ReDIF-paper, nbr:nberwo:22402)
• Impacts of Monetary Stimulus on Credit Allocation and the Macroeconomy: Evidence from China
  NBER Working Papers, National Bureau of Economic Research, Inc (2016)
  by Kaiji Chen & Patrick Higgins & Daniel F. Waggoner & Tao Zha
  (ReDIF-paper, nbr:nberwo:22650)
• The Nexus of Monetary Policy and Shadow Banking in China
  NBER Working Papers, National Bureau of Economic Research, Inc (2017)
  by Kaiji Chen & Jue Ren & Tao Zha
  (ReDIF-paper, nbr:nberwo:23377)
• Macroeconomic Effects of China's Financial Policies
  NBER Working Papers, National Bureau of Economic Research, Inc (2018)
  by Kaiji Chen & Tao Zha
  (ReDIF-paper, nbr:nberwo:25222)
• A Theory of Housing Demand Shocks
  NBER Working Papers, National Bureau of Economic Research, Inc (2019)
  by Zheng Liu & Pengfei Wang & Tao Zha
  (ReDIF-paper, nbr:nberwo:25667)
• Cyclical Lending Standards: A Structural Analysis
  NBER Working Papers, National Bureau of Economic Research, Inc (2020)
  by Kaiji Chen & Patrick C. Higgins & Tao Zha
  (ReDIF-paper, nbr:nberwo:27214)
• Estimating and Forecasting Disease Scenarios for COVID-19 with an SIR Model
  NBER Working Papers, National Bureau of Economic Research, Inc (2020)
  by Andrew Atkeson & Karen Kopecky & Tao Zha
  (ReDIF-paper, nbr:nberwo:27335)
• Four Stylized Facts about COVID-19
  NBER Working Papers, National Bureau of Economic Research, Inc (2020)
  by Andrew Atkeson & Karen Kopecky & Tao Zha
  (ReDIF-paper, nbr:nberwo:27719)
• Monetary Stimulus Amidst the Infrastructure Investment Spree: Evidence from China's Loan-Level Data
  NBER Working Papers, National Bureau of Economic Research, Inc (2020)
  by Kaiji Chen & Haoyu Gao & Patrick C. Higgins & Daniel F. Waggoner & Tao Zha
  (ReDIF-paper, nbr:nberwo:27763)
• Does Fiscal Policy Matter for Stock-Bond Return Correlation?
  NBER Working Papers, National Bureau of Economic Research, Inc (2020)
  by Erica X.N. Li & Tao Zha & Ji Zhang & Hao Zhou
  (ReDIF-paper, nbr:nberwo:27861)
• Aggregate and Distributional Impacts of LTV Policy: Evidence from China's Micro Data
  NBER Working Papers, National Bureau of Economic Research, Inc (2020)
  by Kaiji Chen & Qing Wang & Tong Xu & Tao Zha
  (ReDIF-paper, nbr:nberwo:28092)
• The S-curve: Understanding the Dynamics of Worldwide Financial Liberalization
  NBER Working Papers, National Bureau of Economic Research, Inc (2021)
  by Nan Li & Chris Papageorgiou & Tong Xu & Tao Zha
  (ReDIF-paper, nbr:nberwo:28994)
• China's Macroeconomic Development: The Role of Gradualist Reforms
  NBER Working Papers, National Bureau of Economic Research, Inc (2023)
  by Kaiji Chen & Tao Zha
  (ReDIF-paper, nbr:nberwo:31395)
• The Impact of Monetary Policy on Bank Funding Composition: The Role of Deposit Market Regulation
  NBER Working Papers, National Bureau of Economic Research, Inc (2023)
  by Kaiji Chen & Yiqing Xiao & Tao Zha
  (ReDIF-paper, nbr:nberwo:31396)
• Constructing Quarterly Chinese Time Series Usable for Macroeconomic Analysis
  NBER Working Papers, National Bureau of Economic Research, Inc (2024)
  by Kaiji Chen & Patrick C. Higgins & Tao Zha
  (ReDIF-paper, nbr:nberwo:32087)
• Privatization's Impacts on State-Owned Enterprises: A Tale of Zombie versus Healthy Firms
  NBER Working Papers, National Bureau of Economic Research, Inc (2024)
  by Ruiting Wang & Xue Wang & Gang Xu & Tao Zha
  (ReDIF-paper, nbr:nberwo:32795)
• Empirical Analysis of Policy Interventions
  NBER Working Papers, National Bureau of Economic Research, Inc (2002)
  by Eric M. Leeper & Tao Zha
  (ReDIF-paper, nbr:nberwo:9063)
• Modest Policy Interventions
  NBER Working Papers, National Bureau of Economic Research, Inc (2002)
  by Eric M. Leeper & Tao Zha
  (ReDIF-paper, nbr:nberwo:9192)
• Structural Vector Autoregressions: Theory of Identification and Algorithms for Inference
  The Review of Economic Studies, Review of Economic Studies Ltd (2010)
  by Juan F. Rubio-Ramírez & Daniel F. Waggoner & Tao Zha
  (ReDIF-article, oup:restud:v:77:y:2010:i:2:p:665-696)
• Were There Regime Switches in U.S. Monetary Policy?
  Working Papers, Princeton University, Department of Economics, Center for Economic Policy Studies. (2005)
  by Christopher A. Sims & Tao Zha
  (ReDIF-paper, pri:cepsud:110)
• Online Appendix to "Cyclical Lending Standards: A Structural Analysis"
  Online Appendices, Review of Economic Dynamics (2020)
  by Kaiji Chen & Patrick Higgins & Tao Zha
  (ReDIF-paper, red:append:18-201)
• Code files for "Asymmetric Expectation Effects of Regime Shifts in Monetary Policy"
  Computer Codes, Review of Economic Dynamics (2009)
  by Zheng Liu & Daniel Waggoner & Tao Zha
  (ReDIF-software, red:ccodes:08-80)
• Code and data files for "Cyclical Lending Standards: A Structural Analysis"
  Computer Codes, Review of Economic Dynamics (2020)
  by Kaiji Chen & Patrick Higgins & Tao Zha
  (ReDIF-software, red:ccodes:18-201)
• Asymmetric Expectation Effects of Regime Shifts in Monetary Policy
  Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2009)
  by Zheng Liu & Daniel Waggoner & Tao Zha
  (ReDIF-article, red:issued:08-80)
• Cyclical Lending Standards: A Structural Analysis
  Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2021)
  by Kaiji Chen & Patrick Higgins & Tao Zha
  (ReDIF-article, red:issued:18-201)
• Monetary policy and learning
  Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2005)
  by Lee E. Ohanian & Marco Del Negro & Tao Zha
  (ReDIF-article, red:issued:v:8:y:2005:i:2:p:257-261)
• Effects of monetary policy regime changes in the Euro Economy
  2004 Meeting Papers, Society for Economic Dynamics (2004)
  by Tao Zha & Juan Rubio & Daniel Waggoner
  (ReDIF-paper, red:sed004:459)
• Assessing Changes in U.S. Monetary Policy in a Regime-Switching Rational Expectations Model
  2006 Meeting Papers, Society for Economic Dynamics (2006)
  by Roger E. A. Farmer & Tao Zha & Dan Waggoner
  (ReDIF-paper, red:sed006:334)
• Macroeconomic Volatility and Monetary Policy Regimes
  2007 Meeting Papers, Society for Economic Dynamics (2007)
  by Zheng Liu & Dan Waggoner & Tao Zha
  (ReDIF-paper, red:sed007:558)
• Perturbation Methods for Markov-Switching Models
  2010 Meeting Papers, Society for Economic Dynamics (2010)
  by Tao Zha & Juan F. Rubio-Ramirez & Daniel F. Waggoner & Andrew T. Foerster
  (ReDIF-paper, red:sed010:239)
• Land-Price Dynamics and Macroeconomic Fluctuations
  2012 Meeting Papers, Society for Economic Dynamics (2012)
  by pengfei Wang & Tao Zha & Zheng Liu
  (ReDIF-paper, red:sed012:85)
• Monetary Policy at the Zero Lower Bound: An Endogenous Switching Approach to Forward Guidance
  2013 Meeting Papers, Society for Economic Dynamics (2013)
  by Tao Zha & Daniel Waggoner
  (ReDIF-paper, red:sed013:519)
• Land Prices and Unemployment
  2015 Meeting Papers, Society for Economic Dynamics (2015)
  by Tao Zha & Jianjun Miao & Zheng Liu
  (ReDIF-paper, red:sed015:1118)
• Lending Efficiency Shocks
  2015 Meeting Papers, Society for Economic Dynamics (2015)
  by Tao Zha
  (ReDIF-paper, red:sed015:835)
• What We Learn from China's Rising Shadow Banking: Exploring the Nexus of Monetary Tightening and Banks' Role in Entrusted Lending
  2016 Meeting Papers, Society for Economic Dynamics (2016)
  by Tao Zha & Jue Ren & Kaiji Chen
  (ReDIF-paper, red:sed016:82)
• The Asymmetric Transmission of China's Monetary Policy
  2017 Meeting Papers, Society for Economic Dynamics (2017)
  by Tao Zha & Kaiji Chen
  (ReDIF-paper, red:sed017:516)
• A Theory of Housing Demand Shocks
  2019 Meeting Papers, Society for Economic Dynamics (2019)
  by Zheng Liu & Pengfei Wang & Tao Zha
  (ReDIF-paper, red:sed019:78)
• Markov-Switching Structural Vector Autoregressions: Theory and Application
  Computing in Economics and Finance 2006, Society for Computational Economics (2006)
  by Juan F. Rubio-Ramirez & Daniel Waggoner & Tao Zha
  (ReDIF-paper, sce:scecfa:69)
• Comment on An and Schorfheide's Bayesian Analysis of DSGE Models
  Econometric Reviews, Taylor & Francis Journals (2007)
  by Tao Zha
  (ReDIF-article, taf:emetrv:v:26:y:2007:i:2-4:p:205-210)
• Normalization in Econometrics
  Econometric Reviews, Taylor & Francis Journals (2007)
  by James D. Hamilton & Daniel F. Waggoner & Tao Zha
  (ReDIF-article, taf:emetrv:v:26:y:2007:i:2-4:p:221-252)
• Conditional Forecasts In Dynamic Multivariate Models
  The Review of Economics and Statistics, MIT Press (1999)
  by Daniel F. Waggoner & Tao Zha
  (ReDIF-article, tpr:restat:v:81:y:1999:i:4:p:639-651)
• The Conquest of South American Inflation
  Journal of Political Economy, University of Chicago Press (2009)
  by Thomas Sargent & Noah Williams & Tao Zha
  (ReDIF-article, ucp:jpolec:v:117:y:2009:i:2:p:211-256)
• Trends and Cycles in China's Macroeconomy
  NBER Macroeconomics Annual, University of Chicago Press (2016)
  by Chun Chang & Kaiji Chen & Daniel F. Waggoner & Tao Zha
  (ReDIF-article, ucp:macann:doi:10.1086/685949)
• Learning, Adaptive Expectations, and Technology Shocks
  Vanderbilt University Department of Economics Working Papers, Vanderbilt University Department of Economics (2008)
  by Kevin X.D. Huang & Zheng Liu & Tao Zha
  (ReDIF-paper, van:wpaper:0807)
• Learning, Adaptive Expectations and Technology Shocks
  Economic Journal, Royal Economic Society (2009)
  by Kevin X.D. Huang & Zheng Liu & Tao Zha
  (ReDIF-article, wly:econjl:v:119:y:2009:i:536:p:377-405)
• Discount Shock, Price–Rent Dynamics, And The Business Cycle
  International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (2020)
  by Jianjun Miao & Pengfei Wang & Tao Zha
  (ReDIF-article, wly:iecrev:v:61:y:2020:i:3:p:1229-1252)
• Four Stylized Facts About Covid‐19
  International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (2024)
  by Andrew G. Atkeson & Karen A. Kopecky & Tao Zha
  (ReDIF-article, wly:iecrev:v:65:y:2024:i:1:p:3-42)
• Perturbation methods for Markov‐switching dynamic stochastic general equilibrium models
  Quantitative Economics, Econometric Society (2016)
  by Andrew Foerster & Juan F. Rubio‐Ramírez & Daniel F. Waggoner & Tao Zha
  (ReDIF-article, wly:quante:v:7:y:2016:i:2:p:637-669)
• Asymmetric Expectation Effects of Regime Shifts and the Great Moderation
  Kiel Working Papers, Kiel Institute for the World Economy (IfW Kiel) (2007)
  by Liu, Zheng & Waggoner, Daniel F. & Zha, Tao
  (ReDIF-paper, zbw:ifwkwp:1357)