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Gauti Eggertsson
Gauti Eggertsson
 

Assistant Vice President
Macroeconomic and Monetary Studies Function
Federal Reserve Bank of New York
33 Liberty Street
New York, NY 10045

Phone (212) 720-1232
Fax (212) 720-1844
gauti.eggertsson@ny.frb.org

 
Bio 
Working Papers

The Inflation-Output Trade-Off Revisited

With Marc P. Giannoni
Federal Reserve Bank of New York Staff Reports 608, March 2013

Is Increased Price Flexibility Stabilizing? Redux
With Saroj Bhattarai and Raphael Schoenle
Federal Reserve Bank of New York Staff Reports 540, January 2012

The Great Escape? A Quantitative Evaluation of the Fed's Liquidity Facilities
With Marco Del Negro, Andrea Ferrero, and Nobuhiro Kiyotaki
Federal Reserve Bank of New York Staff Reports 520, October 2011
See also
Supporting documents  PDF

A comment on Casey Mulligan's test of the Paradox of Toil  PDF
Preliminary note, May 2010
8 pages / 102 kb

The Paradox of Toil
Federal Reserve Bank of New York Staff Report, No. 433, March 2010

A Bayesian Approach to Estimating Tax and Spending Multipliers
With Matthew Denes
Federal Reserve Bank of New York Staff Report, No. 403, November 2009

What fiscal policy is effective at zero interest rates?
Federal Reserve Bank of New York Staff Report, No. 402, November 2009
See also ››
Earlier distributed as "Can tax cuts deepen the recession?", December 2008
18 pages / 213 kb

Was the New Deal Contractionary?  PDF
June 2008, Appendix to "Was the New Deal Contractionary?
48 pages / 546 kb

Dynamic Incentives and the Optimal Delegation of Policial Power
With Eric Le Borgne
Federal Reserve Bank of New York Staff Report, No. 205, November 2006

Was the New Deal Contractionary?
Federal Reserve Bank of New York Staff Report, No. 264, October 2006
40 pages / 458 kb

Fiscal Multipliers and Policy Coordination
Federal Reserve Bank of New York Staff Report, No. 241, March 2006
67 pages / 581 kb

Does Excess Liquidity Pose a Threat in Japan? PDF OFFSITE
With Jonathan Ostry
IMF Policy Discussion Paper, April 2005
27 pages / 373 kb

Optimal Monetary Policy in a Liquidity Trap PDF OFFSITE
With Michael Woodford
NBER Working Paper, No. 9968, September 2003
79 pages / 544 kb

How to Fight Deflation at Zero Nominal Interest Rates: Committing to Being Irresponsible PDF OFFSITE
IMF Working Paper WP/03/64, May 2003
42 pages / 1.30 mb
See also ››
Older 2001 draft  PDF

Real Government Spending in a Liquidity Trap PDF
Princeton University, unpublished manuscript, November 2001
28 pages / 315 kb


Gauti Eggertsson's CVPDF

The views expressed in the papers listed on this page are those of the author(s) and do not necessarily reflect the position of the Federal Reserve Bank of New York or the Federal Reserve System.