Publications

Journal Articles

• Azariadis, Costas and Bullard, James and Singh, Aarti and Suda, Jacek (2019). "Incomplete Credit Markets and Monetary Policy." Journal of Economic Dynamics and Control vol. 103, 83-101. | Related Website |
• Bullard, James and Singh, Aarti (2019). "Nominal GDP Targeting With Heterogeneous Labor Supply." Journal of Money, Credit and Banking vol. 52 (1), 37-77. | Related Website |
• Bullard, James (2018). "R-star wars: the phantom menace." Business Economics vol. 53 (2), 60-65. | Related Website |
• Bullard, James (2016). "Permazero." Cato Journal vol. 36 (2), 415-429. | Related Website |
• Antinolfi, Gaetano and Azariadis, Costas and Bullard, James (2016). "The Optimal Inflation Target in an Economy with Limited Enforcement." Macroeconomic Dynamics vol. 20 (Special Issue 2), 582-600. | Related Website |
• Bullard, James and Suda, Jacek (2016). "The Stability of Macroeconomic Systems with Bayesian Learners." Journal of Economic Dynamics and Control vol. 62 (1), 1-16. | Related Website |
• Bullard, James and Kliesen, Kevin L. (2015). "Three Challenges to Central Bank Orthodoxy." Business Economics vol. 50 (4), 191-199. | Related Website |
• Bullard, James and Eusepi, Stefano (2014). "When Does Determinacy Imply Expectational Stability." International Economic Review vol. 55 (1), 1-22. | Related Website |
• Arifovic, Jasmina and Bullard, James and Kostyshyna, Olena (2013). "Social Learning and Monetary Policy Rules." Economic Journal vol. 123 (567), 38-76. | Related Website |
• Bullard, James and Singh, Aarti (2012). "Learning and the Great Moderation." International Economic Review vol. 53 (2), 375-397. | Related Website |
• Bullard, James and Evans, George W. and Honkapohja, Seppo (2010). "A Model of Near-Rational Exuberance." Macroeconomic Dynamics vol. 14 (2), 166-188. | Related Website |
• Bullard, James and Schaling, Eric (2009). "Monetary Policy, Determinacy, and Learnability in a Two-Block World Economy." Journal of Money, Credit and Banking vol. 41 (8), 1585-1612. | Related Website |
• Bullard, James and Evans, George W. and Honkapohja, Seppo (2008). "Monetary Policy, Judgment and Near-Rational Exuberance." American Economic Review vol. 98 (3), 1163-1177. | Related Website |
• Bullard, James and Singh, Aarti (2008). "Worldwide Macroeconomic Stability and Monetary Policy Rules." Journal of Monetary Economics vol. 55 (Supplement), S34-S47. | Related Website |
• Bullard, James and Feigenbaum, James (2007). "A Leisurely Reading of the Life Cycle Consumption Data." Journal of Monetary Economics vol. 54 (8), 2305-2320. | Related Website |
• Bullard, James and Mitra, Kaushik (2007). "Determinacy, Learnability, and Monetary Policy Inertia." Journal of Money, Credit and Banking vol. 39 (5), 1177-1212. | Related Website |
• Bullard, James and Eusepi, Stefano (2005). "Did the Great Inflation Occur Despite Policymaker Commitment to a Taylor Rule?" Review of Economic Dynamics vol. 8 (2), 324-359. | Related Website |
• Bullard, James and Cho, In-Koo (2005). "Escapist Policy Rules." Journal of Economic Dynamics and Control vol. 29 (11), 1841-1865. | Related Website |
• Bullard, James and Waller, Christopher J. (2004). "Central Bank Design in General Equilibrium." Journal of Money, Credit and Banking vol. 36 (1), 95-113. | Related Website |
• Azariadis, Costas and Bullard, James and Ohanian, Lee (2004). "Trend-Reverting Fluctuations and the Life-Cycle Model." Journal of Economic Theory vol. 119 (2), 334-356. | Related Website |
• Bullard, James and Smith, Bruce D. (2003). "Intermediaries and Payments Instruments." Journal of Economic Theory vol. 109 (2), 172-197. | Related Website |
• Bullard, James and Smith, Bruce D. (2003). "The Value of Inside and Outside Money." Journal of Monetary Economics vol. 50 (2), 389-417. | Related Website |
• Bullard, James and Mitra, Kaushik (2002). "Learning About Monetary Policy Rules." Journal of Monetary Economics vol. 49 (6), 1105-1129. | Related Website |
• Bullard, James and Duffy, John (2001). "Learning and Excess Volatility." Macroeconomic Dynamics vol. 5 (2), 272-302. | Related Website |
• Azariadis, Costas and Bullard, James and Smith, Bruce D. (2001). "Public and Private Circulating Liabilities." Journal of Economic Theory vol. 99 (1-2), 59-116. | Related Website |
• Bullard, James and Russell, Steven (1999). "An Empirically Plausible Model of Low Real Interest Rates and Unbacked Government Debt." Journal of Monetary Economics vol. 44 (3), 477-508. | Related Website |
• Bullard, James and Duffy, John (1999). "Using Genetic Algorithms to Model the Evolution of Heterogeneous Beliefs." Computational Economics vol. 13 (1), 41-60. | Related Website |
• Bullard, James and Duffy, John (1998). "A Model of Learning and Emulation with Artificial Adaptive Agents." Journal of Economic Dynamics and Control vol. 22 (2), 179-207. | Related Website |
• Bullard, James and Duffy, John (1998). "On Learning and the Stability of Cycles." Macroeconomic Dynamics vol. 2 (1), 22-48. | Related Website |
• Arifovic, Jasmina and Bullard, James and Duffy, John (1997). "The Transition from Stagnation to Growth: An Adaptive Learning Approach." Journal of Economic Growth vol. 2 (2), 185-209. | Related Website |
• Bullard, James and Keating, John (1995). "The Long-run Relationship Between Inflation and Output in Postwar Economies." Journal of Monetary Economics vol. 36 (3), 477-496. | Related Website |
• Bullard, James (1994). "Learning Equilibria." Journal of Economic Theory vol. 64 (2), 468-485. | Related Website |
• Bullard, James and Butler, Alison (1993). "Nonlinearity and Chaos in Economic Models: Implications for Policy Decisions." Economic Journal vol. 103 (419), 849-867. | Related Website |
• Bullard, James (1992). "Time-varying Parameters and Nonconvergence to Rational Expectations Under Least Squares Learning." Economics Letters vol. 40 (2), 159-166. | Related Website |