Richard H Clarida

Biographic Data

ID5731336
NAMERichard H Clarida
GIVEN NAMESRichard H
FAMILY NAMEClarida
SIGNATURECLARIDA R H
AFFILIATIONSColumbia University
ORCID0000-0003-4208-3732
VERIFIEDYes
TOTAL WORKS7
TOTAL CITATIONS1
AUTHOR COUNT7
EDITOR COUNT0
FIRST PUBLICATION YEAR1994
LATEST PUBLICATION YEAR2003
H-INDEX1

  • Nonlinear permanent – temporary decompositions in macroeconomics and finance

    Open AccessRichard H Clarida, Mark P TaylorARTICLEThe Economic Journal2003References: 25

    Journal Article Nonlinear permanent – temporary decompositions in macroeconomics and finance Get access Richard H. Clarida, Richard H. Clarida Columbia University and NBER University of Warwick and CEPR Search for other works by this author on: Oxford Academic Google Scholar Mark P. Taylor Mark P. Taylor Columbia University and NBER University of Warwick and CEPR Search for other works by this author on: Oxford Academic Google Scholar The Economi…

  • Monetary Policy Rules and Macroeconomic Stability

    Richard H Clarida, Richard Clarida et al.ARTICLEThe Quarterly Journal of Economics2000

    We estimate a forward-looking monetary policy reaction function for the postwar United States economy, before and after Volcker's appointment as Fed Chairman in 1979. Our results point to substantial differences in the estimated rule across periods. In particular, interest rate policy in the Volcker-Greenspan period appears to have been much more sensitive to changes in expected inflation than in the pre-Volcker period. We then compare some of th…

  • The Science of Monetary Policy

    Richard H Clarida, Richard Clarida et al.ARTICLEJournal of Economic Literature1999

    The paper reviews the recent literature on monetary policy rules. We exposit the monetary policy design problem within a simple baseline theoretical framework. We then consider the implications of adding various real world complications. Among other things, we show that the optimal policy implicitly incorporates inflation targeting. We also characterize the gains from making a credible commitment to fight inflation. In contrast to conventional wi…

  • Monetary policy rules in practice

    Open AccessRichard H Clarida, Richard Clarida et al.ARTICLEEuropean Economic Review1998

  • The Term Structure of Forward Exchange Premiums and the Forecastability of Spot Exchange Rates

    Richard H Clarida, Mark P TaylorARTICLEThe Review of Economics and…1997

    We develop a framework to extract information regarding subsequent spot rate movements from the term structure of forward exchange premiums while admitting possible deviations from rationality and the presence of risk premiums. Using weekly dollar–sterling, dollar– mark, and dollar–yen data, the restrictions implied by our framework are not rejected, and spot and forward exchange rates together are well represented by a vector error correction mo…

  • Consumption, Import Prices, and the Demand for Imported Consumer Durables

    Richard H ClaridaARTICLEThe Review of Economics and…1996

    Richard H. Clarida, Consumption, Import Prices, and the Demand for Imported Consumer Durables: A Structural Econometric Investigation, The Review of Economics and Statistics, Vol. 78, No. 3 (Aug., 1996), pp. 369-374

  • After Maastricht

    Richard H Clarida, Richard Clarida et al.ARTICLEEconomica1994Cited by: 1