Work in Progress

FOMC Communication Events and Monetary Transmission
with Miguel Acosta, Andrea Ajello, Francesca Loria, and Silvia Miranda-Agrippino

Risk Appetite and the Monetary Transmission
with Maik Schmeling and Andreas Schrimpf

The Response of Prices to Monetary Policy: Firm-Level Evidence from Sweden
with Alexander Czarnota and Mathias Klein

Effects of Carbon Policies on Inflation Expectations
with Diego Känzig and Glenn Rudebusch

Cross-Sectional Skewness in Interest Rate Surveys
with Mikhail Chernov

Working Papers

Michael D. Bauer, Daniel Huber, Eric A. Offner, Marlene Renkel, Ole Wilms (2024). Corporate Green Pledges. Working Paper.

PDF SSRN Working Paper

Michael D. Bauer, Eric A. Offner, Glenn D. Rudebusch (2024). Green Stocks and Monetary Policy Shocks: Evidence from Europe. Conference Draft.

Conference Agenda

Michael D. Bauer, Carolin E. Pflueger, Adi Sunderam (2024). Changing Perceptions and Post-Pandemic Monetary Policy. Jackson Hole Economic Policy Symposium.

Cite PDF Pre-Conference Draft Conference Agenda and Slides The Economist Reuters

Publications

Martin C. Hänsel, Michael D. Bauer, Moritz A. Drupp, Gernot Wagner, Glenn D. Rudebusch (2024). Climate policy curves highlight key mitigation choices. Climate Policy.

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Michael D. Bauer, Eric A. Offner, Glenn D. Rudebusch (2024). The Effect of U.S. Climate Policy on Financial Markets: An Event Study of the Inflation Reduction Act. Forthcoming Advances in Econometrics.

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Michael D. Bauer, Carolin E. Pflueger, Adi Sunderam (2024). Perceptions about Monetary Policy. Quarterly Journal of Economics.

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Michael D. Bauer, Mikhail Chernov (2024). Interest Rate Skewness and Biased Beliefs. Journal of Finance.

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Michael D. Bauer, Glenn D. Rudebusch (2023). The Rising Cost of Climate Change: Evidence from the Bond Market. Review of Economics and Statistics.

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Michael D. Bauer, Eric T. Swanson (2023). A Reassessment of Monetary Policy Surprises and High-Frequency Identification. NBER Macroeconomics Annual.

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Michael D. Bauer, Eric T. Swanson (2023). An Alternative Explanation for the "Fed Information Effect". American Economic Review.

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Michael D. Bauer, Ben S. Bernanke, Eric Milstein (2023). Risk Appetite and the Risk-Taking Channel of Monetary Policy. Journal of Economic Perspectives.

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Michael D. Bauer, Daniel Huber, Glenn D. Rudebusch, Ole Wilms (2022). Where is the Carbon Premium? Global Performance of Green and Brown Stocks. Journal of Climate Finance.

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Michael D. Bauer, Aeimit Lakdawala, Philippe Mueller (2022). Market-Based Monetary Policy Uncertainty. Economic Journal.

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Michael D. Bauer, Glenn D. Rudebusch (2020). Interest Rates Under Falling Stars. American Economic Review.

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Michael D. Bauer (2018). Restrictions on Risk Prices in Dynamic Term Structure Models. Journal of Business and Economic Statistics.

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Michael D. Bauer, James D. Hamilton (2017). Robust Bond Risk Premia. Review of Financial Studies.

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Michael D. Bauer, Glenn D. Rudebusch (2017). Resolving the Spanning Puzzle in Macro-Finance Term Structure Models. Review of Finance.

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Michael D. Bauer, Glenn D. Rudebusch (2016). Monetary Policy Expectations at the Zero Lower Bound. Journal of Money, Credit and Banking.

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Michael D. Bauer (2015). Nominal Interest Rates and the News. Journal of Money, Credit and Banking.

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Michael D. Bauer (2015). Inflation Expectations and the News. International Journal of Central Banking.

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Michael D. Bauer, Glenn D. Rudebusch (2014). The Signaling Channel for Federal Reserve Bond Purchases. International Journal of Central Banking.

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Michael D. Bauer, Christopher J. Neely (2014). International Channels of the Fed’s Unconventional Monetary Policy. Journal of International Money and Finance.

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Michael D. Bauer, Glenn D. Rudebusch, Jing Cynthia Wu (2014). Term Premia and Inflation Uncertainty: Empirical Evidence from an International Panel Dataset: Comment. American Economic Review.

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Michael D. Bauer, Glenn D. Rudebusch, Jing Cynthia Wu (2012). Correcting Estimation Bias in Dynamic Term Structure Models. Journal of Business and Economic Statistics.

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