Research Interests

Learning and expectations formation in macroeconomics; Monetary theory; Life-cycle economies

Selected Publications

• "Monetary Policy, Determinacy, and Learnability in a Two-Block World Economy," with Eric Schaling, forthcoming, Journal of Money, Credit and Banking. Working Paper Version (PDF 472K).
• "When Does Determinacy Imply Expectational Stability?," February 2008, Revised January 2009, with Stefano Eusepi, Federal Reserve Bank of St. Louis Working Paper 2008-007B, Abstract | Full Text (PDF 266K).
• "The Stability of Macroeconomic Systems with Bayesian Learners" November 2008, Revised July 2009, with Jacek Suda, Federal Reserve Bank of St. Louis Working Paper 2008-043B, Abstract | Full Text (PDF 304K).
• "Worldwide Macroeconomic Stability and Monetary Policy Rules," with Aarti Singh, Journal of Monetary Economics, October 2008, 55(Supplement 1), pp. S34-S47. Contributions to Macroeconomics in Honor of John Taylor - Supplement issue sponsored by the Federal Reserve Bank of Dallas, containing selected papers from an October 12-13, 2007 conference honoring John Taylor. Working Paper Version (PDF 520K).
• "Monetary Policy, Judgment and Near-Rational Exuberance," with George W. Evans and Seppo Honkapohja,American Economic Review, June 2008, 98(3), pp. 1163-77. Working Paper Version (PDF 468K).

See Personal Website or CV for complete list.

Courses

• Macroeconomics
• Macroeconomic Theory

Background

James Bullard is a Vice-President and economist in the Research Department at the Federal Reserve Bank of St. Louis, which is one part of the central bank of the USA. He teaches macroeconomics at the intermediate and PhD level. Some recent publications include "Trend-Reverting Fluctuations and the Life-Cycle Model," Journal of Economic Theory, 2004, (co-authored with Costas Azariadis and Lee Ohanian) and "Learning About Monetary Policy Rules," Journal of Monetary Economics, 2002, (co-authored with Kaushik Mitra)