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Morrissey College of Arts and Sciences

Peter Ireland

murray and monti professor

Peter Ireland

Maloney Hall 338

Fax: 617-552-2308
E-mail: peter.ireland@bc.edu

Curriculum Vitae

Personal Website

Ph.D., University of Chicago, 1991

Joined the Economics Faculty, 1998

 

 

Current Teaching

Macroeconomics and monetary economics

Research Interests

Macroeconomics and monetary economics

Access Working Papers and Published Works via RePEc

Google Scholar Citations

Selected Publications

"The Barnett Critique After Three Decades: A New Keynesian Analysis", with Michael T. Belongia, 2014. Journal of Econometrics, 183, 5-21

"The Macroeconomic Effects of Interest on Reserves," 2014. Macroeconomic Dynamics, 18, 1271-1312

"Stochastic Growth in the United States and Euro Area," 2013. Journal of the European Economic Association, 11, 1-24

"A New Keynesian Perspective on the Great Recession," 2011. Journal of Money, Credit, and Banking, 43, 31-54

"On the Welfare Cost of Inflation and the Recent Behavior of Money Demand," 2009. American Economic Review 99, 1040-1052

Recent Working Papers

Working Paper 921. Michael T. Belongia, University of Mississippi, and Peter N. Ireland, Boston College, "A Classical View of the Business Cycle" (11/2016; PDF)

Working Paper 913. Michael T. Belongia, University of Mississippi, and Peter N. Ireland, Boston College, "Targeting Constant Money Growth at the Zero Lower Bound" (05/2016; PDF)

Working Paper 911. Michael T. Belongia, University of Mississippi, and Peter N. Ireland, Boston College, "Circumventing the Zero Lower Bound with Monetary Policy Rules Based on Money" (05/2016; PDF)

Working Paper 882. Michael Belongia (University of Mississippi) and Peter Ireland, "The Evolution of US Monetary Policy: 2000-2007" (08/2015: PDF)

Working Paper 852. Peter Ireland, "Monetary Policy, Bond Risk Premia, and the Economy" (02/2014: PDF)

Working Paper 830. Michael Belongia (University of Mississippi) and Peter Ireland, "Instability: Monetary and Real" (08/2013: PDF)

Working Paper 802. Michael Belongia (University of Mississippi) and Peter Ireland, "A "Working" Solution to the Question of Nominal GDP Targeting" (rev. 01/2013: PDF)

Working Paper 801. Michael Belongia (University of Mississippi) and Peter Ireland, "Quantitative Easing: Interest Rates and Money in the Measurement of Monetary Policy" (06/2012: PDF)

Working Paper 772. Peter Ireland, "The Macroeconomic Effects on Interest on Reserves" (02/2011, PDF)

Working Paper 763. Peter Ireland, "Theology, Economics, and Economic Development" (11/2010: PDF)

Working Paper 736. Michael Belongia (University of Mississippi) and Peter Ireland, "The Barnett Critique After Three Decades: A New Keynesian Analysis" (05/2010; PDF)

Working Paper 735. Peter Ireland, "A New Keynesian Perspective on the Great Recession" (04/2010; PDF)

Working Paper 713. Peter N. Ireland, "Stochastic Growth in the United States and Euro Area" (rev. 08/2010: PDF)

Working Paper 662. Peter N. Ireland, "On the Welfare Cost of Inflation and the Recent Behavior of Money Demand" (04/2007: 256 Kb, PDF; published, American Economic Review, June 2009)

Working Paper 642. Peter N. Ireland and Scott Schuh (Federal Reserve Bank of Boston), "Productivity and U.S. Macroeconomic Performance: Interpreting the Past and Predicting the Future with a Two-Sector Real Business Cycle Model" (04/2006: 378 Kb, PDF)

Working Paper 628. Peter Ireland, "The Monetary Transmission Mechanism" (10/2005: 158 Kb, PDF)

Working Paper 607. Peter N. Ireland, "Changes in the Federal Reserve's Inflation Target: Causes and Consequences" (01/2005: 444 Kb, PDF format)

Working Paper 595. Peter N. Ireland, "Heterogeneity and Redistribution: By Monetary or Fiscal Means?" (05/2004: 160 Kb, Adobe Acrobat format)

Working Paper 544. Michael T. Belongia (University of Mississippi) and Peter N. Ireland, "The Own-Price of Money and a New Channel of Monetary Transmission" (10/2002: 200 Kb, Adobe Acrobat format)

Working Paper 536. Peter N. Ireland, "Technology Shocks in the New Keynesian Model" (08/2002: 655 Kb, Adobe Acrobat format)

Working Paper 530. Peter N. Ireland, "'Rules Rather Than Discretion' After Twenty Five Years: What Have We Learned? What More Can We Learn?" (04/2002: 28 Kb, Adobe Acrobat format)

Working Paper 499. Peter N. Ireland, "Endogenous Money or Sticky Prices?" (06/2001: 1812 Kb, Adobe Acrobat format)

Working Paper 491. Peter N. Ireland, "The Real Balance Effect" (2/2001: 271 Kb, Adobe Acrobat format)

Working Paper 460. Peter N. Ireland, "Implementing the Friedman Rule" (06/2000: 243 Kb, Adobe Acrobat format)

Working Paper 458. Peter N. Ireland, "Money's Role in the Monetary Business Cycle" (04/2000: 313 Kb, Adobe Acrobat format)

Working Paper 426. Peter N. Ireland, "Sticky-Price Models of the Business Cycle: Specification and Stability" (07/1999: 310 Kb, Adobe Acrobat format; published in Journal of Monetary Economics, 2001, 47:1, 3-18)

Working Paper 425. Peter N. Ireland, "Expectations, Credibility, and Time-Consistent Monetary Policy" (07/1999: 245 Kb, Adobe Acrobat format)

Working Paper 421. Peter N. Ireland, "A Method for Taking Models to the Data" (04/1999: 205 Kb, Adobe Acrobat format)

Working Paper 419. Peter N. Ireland, "Interest Rates, Inflation, and Federal Reserve Policy Since 1980" (02/1999: 96 Kb, Adobe Acrobat format)

Working Paper 415. Peter N. Ireland, "Does the Time-Consistency Problem Explain the Behavior of Inflation in the United States?" (11/98: 128 Kb, Adobe Acrobat format)

 

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