Rational inattention to discrete choices: A new foundation for the multinomial logit model F Matějka, A McKay American Economic Review 105 (1), 272-298, 2015 | 962 | 2015 |
The power of forward guidance revisited A McKay, E Nakamura, J Steinsson American Economic Review 106 (10), 3133-3158, 2016 | 847 | 2016 |
The role of automatic stabilizers in the US business cycle A McKay, R Reis Econometrica 84 (1), 141-194, 2016 | 563 | 2016 |
Housing wealth effects: The long view AM Guren, A McKay, E Nakamura, J Steinsson The Review of Economic Studies 88 (2), 669-707, 2021 | 247 | 2021 |
Optimal automatic stabilizers A McKay, R Reis The Review of Economic Studies 88 (5), 2375-2406, 2021 | 145 | 2021 |
The discounted euler equation: A note A McKay, E Nakamura, J Steinsson Economica 84 (336), 820-831, 2017 | 132 | 2017 |
The brevity and violence of contractions and expansions A McKay, R Reis Journal of Monetary Economics 55 (4), 738-751, 2008 | 131 | 2008 |
Lumpy durable consumption demand and the limited ammunition of monetary policy A McKay, JF Wieland Econometrica 89 (6), 2717-2749, 2021 | 103 | 2021 |
Simple market equilibria with rationally inattentive consumers F Matějka, A McKay American Economic Review 102 (3), 24-29, 2012 | 95 | 2012 |
Time-varying idiosyncratic risk and aggregate consumption dynamics A McKay Journal of Monetary Economics 88, 1-14, 2017 | 84 | 2017 |
What do we learn from cross-regional empirical estimates in macroeconomics? A Guren, A McKay, E Nakamura, J Steinsson NBER Macroeconomics Annual 35 (1), 175-223, 2021 | 62 | 2021 |
Optimal policy rules in hank A McKay, C Wolf Mimeo. 1 7, 2023-03, 2022 | 55 | 2022 |
Monetary policy and inequality A McKay, CK Wolf Journal of Economic Perspectives 37 (1), 121-144, 2023 | 48 | 2023 |
What Can Time‐Series Regressions Tell Us About Policy Counterfactuals? A McKay, CK Wolf Econometrica 91 (5), 1695-1725, 2023 | 46* | 2023 |
The evolution of commuting patterns in the New York city metro area J Bram, A McKay Current Issues in Economics and Finance 11 (10), 2005 | 32 | 2005 |
News shocks and business cycles P Krusell, A McKay FRB Richmond Economic Quarterly 96 (4), 373-397, 2010 | 28 | 2010 |
Forward guidance and durable goods demand A McKay, JF Wieland American Economic Review: Insights 4 (1), 106-122, 2022 | 26 | 2022 |
Search for financial returns and social security privatization A McKay Review of Economic Dynamics 16 (2), 253-270, 2013 | 23* | 2013 |
A tractable income process for business cycle analysis F Guvenen, A McKay, CB Ryan National Bureau of Economic Research, 2023 | 9 | 2023 |
Accounting for Idiosyncratic Wage Risk Over the Business Cycle A McKay, T Papp | 7 | 2012 |