Department of Economics

College of William and Mary

115 Morton Hall

Williamsburg, VA 23188

Office Phone: (757)-221-1389

Email: ocoibion at wm.edu

Publications:

Monetary Policy, Trend Inflation, and the Great Moderation: An Alternative Interpretation (Sep. 2009) joint with Yuriy Gorodnichenko.  (accepted at The American Economic Review)

Testing the Sticky Information Phillips Curve forthcoming in The Review of Economics and Statistics.

Equilibrium Demand Elasticities Across Quality Segments (2007), joint with Liran Einav and Juan Carlos Hallak . In International Journal of Industrial Organization #25:1, 13-30. Here is the last working paper version. See also unpublished Technical Addendum for some derivations.

Inflation Inertia in Sticky Information Models (2006) in B.E. Journals, Contributions to Macroeconomics: Vol. 6: 1(1). Paper available online.

Working Papers: Comments and suggestions are welcome.

What Can Survey Forecasts Tell Us About Informational Rigidities? (July 2009) joint with Yuriy Gorodnichenko.  (under review)

Strategic Interaction Among Heterogeneous Price-Setters In An Estimated DSGE Model (April 2009) joint with Yuriy Gorodnichenko.  (2nd revision requested by The Review of Economics and Statistics)

One for Some or One for All? Taylor Rules and the Inter-Regional Unemployment Dispersion Puzzle (revised January 2008) joint with Daniel Goldstein.  (revision requested by the Journal of Money, Credit, and Banking)

The Predictive Content of Commodity Futures (2009), joint with Menzie Chinn.

The Predictive Content of Energy Futures: An Update on Petroleum, Natural Gas, Heating Oil and Gasoline  (2005), joint with Menzie Chinn and Michael Leblanc. NBER WP #11033.