My research interests include open economy macroeconomics, monetary policy, indeterminacy, search and matching in labor markets, and Bayesian estimation.
Thomas Lubik is a senior economist in the Research Department. He has published his work in numerous academic journals, including the American Economic Review and the Journal of Monetary Economics.
Lubik is an associate editor at two economics journals: the Journal of Economic Dynamics and Control and the Journal of Money, Credit, and Banking. He is also a frequent visitor to international central banks, most recently the Deutsche Bundesbank and the Reserve Bank of New Zealand. Before joining the Richmond Fed in 2006, Lubik served as an assistant professor of international macroeconomics at Johns Hopkins University.
Ph.D., Yale University, 2000
M.Phil., Yale University, 1998
M.A., Yale University, 1996
Diplom, University of Tübingen (Germany), 1994
"The Lucas Critique and the Stability of Empirical Models" (with Paolo Surico). Journal of Applied Econometrics 25, no. 1 (January/February 2010): 177-194.
"Do Search Frictions Matter for Inflation Dynamics?" (with Michael Krause and David Lopez-Salido). European Economic Review 52, no. 8 (November 2008): 1464-1479.
"Inflation Dynamics with Search Frictions: A Structural Econometric Analysis" (with Michael U. Krause and David Lopez-Salido). Journal of Monetary Economics 55, no. 5 (July 2008): 892-916.
"Do Central Banks Respond to Exchange Rate Movements? A Structural Investigation" (with Frank Schorfheide). Journal of Monetary Economics 54, no. 4 (May 2007): 1069-1087.
"The (Ir)relevance of Real Wage Rigidity in the New Keynesian Model with Search Frictions" (with Michael U. Krause). Journal of Monetary Economics 54, no. 3 (April 2007): 706-727.
"Testing for Indeterminacy: An Application to U.S. Monetary Policy: Reply" (with Frank Schorfheide). American Economic Review 97, no. 1 (March 2007): 530-533.
"An Inventory of Simple Monetary Policy Rules in a New Keynesian Macroeconomic Model" (with Massimiliano Marzo). International Review of Economics and Finance 16, no. 1 (2007): 15-36.
"A Simple, Structural, and Empirical Model of the Antipodean Transmission Mechanism." New Zealand Economic Papers 40, no. 2 (December 2006): 91-126.
"The Cyclical Upgrading of Labor and On-the-Job Search" (with Michael U. Krause). Labour Economics 13, no. 4 (August 2006): 459-477.
"A Bayesian Look at New Open Economy Macroeconomics" (with Frank Schorfheide). NBER Macroeconomics Annual (2005): 313-366.
"Testing for Indeterminacy: An Application to U.S. Monetary Policy" (with Frank Schorfheide). American Economic Review 94, no. 1 (March 2004): 190-217.
"Computing Sunspot Equilibria in Linear Rational Expectations Models" (with Frank Schorfheide). Journal of Economic Dynamics and Control 28, no. 2 (November 2003): 273-285.
| Issue | Title | Author(s) |
|---|---|---|
| Fall 2009 | Inventories and Optimal Monetary Policy |
Thomas A. Lubik
Wing Leong Teo |
| Spring 2009 | Estimating a Search and Matching Model of the Aggregate Labor Market |
Thomas A. Lubik
|
| Fall 2007 | Non-Stationarity and Instability in Small Open Economy Models |
Thomas A. Lubik
|
| 10-12 June 2010 |
On-the-Job Search and the Cyclical Dynamics of the Labor Market | Michael U. Krause Thomas A. Lubik |
| 10-01 February 2010 |
Inventories, Inflation Dynamics, and the New Keynesian Phillips Curve |
Thomas A. Lubik
Wing Leong Teo |
| 08-1 March 2008 |
Inflation Dynamics with Search Frictions: A Structural Econometric Analysis | Michael U. Krause David Lopez-Salido Thomas A. Lubik |
| 06-5 May 2006 |
The Lucas Critique and the Stability of Empirical Models |
Thomas A. Lubik
Paolo Surico |
| Essay | Title | Author(s) |
|---|---|---|
| 10-01 January 2010 |
Is the Output Gap a Faulty Gauge for Monetary Policy? | Thomas A. Lubik Stephen Slivinski |
"Aggregate Hours Adjustment in Frictional Labor Markets" (with Michael Krause).
"Inflation Dynamics and the New Keynesian Phillips Curve: Insights from an Estimated DSGE Model" (with Andreas Hornstein and Alexander L. Wolman).
“On-The-Job Search and the Cyclical Dynamics of the Labor Market” (with Michael U. Krause). Discussion Paper Series 1: Economic Studies 2007/15, Deutsche Bundesbank Research Centre, 2007.
“Does Intra-Firm Bargaining Matter for Business Cycle Dynamics?” (with Michael U. Krause). Discussion Paper Series 1: Economic Studies 2007/17, Deutsche Bundesbank Research Centre, 2007.
“Do World Shocks Drive Domestic Business Cycles? Some Evidence from Structural Estimation” (with Wing Teo). Working Paper 522, Johns Hopkins University, July 2005.
“A Note on Instability and Indeterminacy in Search and Matching Models” (with Michael U. Krause). Working Paper 518, Johns Hopkins University, November 2004.
“Industrial Structure and Monetary Policy in a Small Open Economy.” Working Paper 493, Johns Hopkins University, January 2003.
“Investment Spending, Equilibrium Indeterminacy and the Interactions of Monetary and Fiscal Policy.” Working Paper 490, Johns Hopkins University, January 2003.
Thomas A. Lubik
(804) 697-8246