Callum Jones

Senior Economist
Monetary Affairs
Federal Reserve Board

Curriculum Vitae  |   Google Scholar

Disclaimer: The views on this website are my own and not those of the Federal Reserve System or the Federal Reserve Board.

Working Papers

Is There a Stable Relationship between Unemployment and Future Inflation?
(w/ T. Fitzgerald, M. Kulish and J.P. Nicolini)

Optimal Mitigation Policies in a Pandemic: Social Distancing and Working from Home
(w/ T. Philippon and V. Venkateswaran)
revise and resubmit, Review of Financial Studies

Entry Costs and Aggregate Dynamics
(w/ G. Gutiérrez and T. Philippon)
appendix, 2019 version

Household Leverage and the Recession
(w/ V. Midrigan and T. Philippon)
revise and resubmit, Econometrica

International Spillovers of Forward Guidance Shocks
(w/ M. Kulish and D.M. Rees)
revise and resubmit, Journal of Applied Econometrics

Aging, Secular Stagnation and the Business Cycle
revise and resubmit, Review of Economics and Statistics

Unanticipated Shocks and Forward Guidance at the ZLB

Published or Forthcoming Papers

‚ÄčA Graphical Representation of an Estimated New Keynesian Model
(w/ M. Kulish)
Applied Economics, 2016, Vol. 48(6), 483-489

Long-term Interest Rates, Risk Premia and Unconventional Monetary Policy
(w/ M. Kulish)
Journal of Economic Dynamics and Control, 2013, Vol. 37, 2547-2561

Detection of Anticipated Structural Changes in a Rational Expectations Environment
(w/ L. Uzeda)
Applied Economics, 2013, Vol. 20(14), 1322-1327

Return to Wine: A Comparison of the Hedonic, Repeat Sales, and Hybrid Approaches
(w/ J.J. Fogarty)
Australian Economic Papers, 2011, Vol. 50(4), 147-156

House Price Measurement: The Hybrid Hedonic Repeat-Sales Method
Economic Record, 2010, Vol. 86(272), 95-97

Notes and Other Papers

Gensys C++ mex Function and Julia Comparison
matlab files

A Practical Introduction to DSGE Modeling with Dynare
matlab files

Extracting Rational Expectations Model Structural Matrices from Dynare
matlab files

The Rise of Corporate Market Power and its Macroeconomic Effects
IMF World Economic Outlook (WEO), 2019, Chapter 2

The External Balance Assessment Methodology: 2018 Update
IMF Working Paper, 2019

The Secular Stagnation of Investment
(w/ T. Philippon)

Demographics, Old-Age Transfers and the Current Account
(w/ M. Dao)