Alisdair McKay

Assistant Professor
Department of Economics
Boston University
amckay@bu.edu

Curriculum Vitae

Working Papers:

• The Power of Forward Guidance Revisited
  with Emi Nakamura and Jón Steinsson
  Latest draft: January 2015.
  
  
• Time-Varying Idiosyncratic Risk and Aggregate Consumption Dynamics
  Latest draft: July 2014.
  [Previous Version]
  
  
• The Role of Automatic Stabilizers in the U.S. Business Cycle.
  with Ricardo Reis
  Revision requested by Econometrica.
  Latest draft: December 2014.
  [Matlab codes for simplified version of the model.]
  
  
• Accounting for Idiosyncratic Wage Risk Over the Business Cycle.
  with Tamas Papp
  Latest draft: March 2012.
  
  

Published Papers:

• Rational Inattention to Discrete Choices: A New Foundation for the Multinomial Logit Model
  with Filip Matejka.
  American Economic Review, Volume 105, Issue 1, January 2015.
  [Published Version] [Additional Appendices]
  
  
• Search for Financial Returns and Social Security Privatization.
  Review of Economic Dynamics, Volume 16, Issue 2, April 2013.
  [ Published Version] [ Appendix ] [ Programs and Data ]
  
  
• Simple Market Equilibria with Rationally Inattentive Consumers
  with Filip Matejka
  American Economic Review (Papers and Proceedings), Volume 102, Number 3, May 2012.
  [ Published Version]
  
  
• News Shocks and Business Cycles.
  with Per Krusell
  Federal Reserve Bank of Richmond Economic Quarterly, Volume 96, Number 4, Fourth Quarter 2010.
  
  
• The Brevity and Violence of Contractions and Expansions.
  with Ricardo Reis
  Journal of Monetary Economics, Volume 55, Issue 4, May 2008.
  [ Published Version ] [ Appendix ] [ Programs and Data ]