Publications

Michael D. Bauer, Carolin E. Pflueger, Adi Sunderam (2023). Perceptions about Monetary Policy. Working Paper.

PDF FRBSF Working Paper NBER Working Paper CEPR Discussion Paper

Michael D. Bauer, Eric A. Offner, Glenn D. Rudebusch (2023). The Effect of U.S. Climate Policy on Financial Markets: An Event Study of the Inflation Reduction Act. Working Paper.

PDF FRBSF Working Paper Brookings Working Paper

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

Cite Article Working Paper Online Appendix Code & Data r* estimates SDR estimates

Michael D. Bauer, Mikhail Chernov (2023). Interest Rate Skewness and Biased Beliefs. Forthcoming Journal of Finance.

Preprint PDF Online Appendix NBER Working Paper CEPR Discussion Paper Code & Data ISK series

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

Cite Article PDF Conference Webseite Data FOMC Announcements

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

Cite Article PDF Online Appendix Replication Package

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

Cite Article Online Appendix Replication Package Risk Index

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.

Cite Article Brookings WP

Martin C. Hänsel, Michael D. Bauer, Moritz A. Drupp, Gernot Wagner, Glenn D. Rudebusch (2022). Climate Policy Curves: Linking Policy Choices to Climate Outcomes. Working Paper.

PDF Brookings Working Paper CEPR Discussion Paper

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

Cite Article PDF Code and Data Daily uncertainty measure

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

Cite Article Working Paper Replication Package Online Appendix

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

Cite Article Working Paper Online Appendix Code & Data

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

Cite Article Working Paper Code & Data

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

Cite Article Working Paper Code & Data

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

Cite Article Working Paper Code & Data Shadow Rates

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

Cite Article Working Paper Code & Data

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

Cite Article Working Paper

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

Cite Article Working Paper

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

Cite Article Working Paper

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.

Cite Article Working Paper Code & Data

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

Cite Article Working Paper Online Appendix Code & Data