Publications

Inventory Dynamics and Business Cycles: What Has Changed?
With Egon Zakrajsek
Journal of Money, Credit, and Banking Forthcoming
40 pages

Pass-Through of Exchange Rates and Import Prices to Domestic Inflation in Some Industrialized Economies  
Eastern Economic Review Forthcoming
42 pages

Has the Response of Investment to Financial Market Signals Changed?  
Recent Developments in Macroeconomics, Per Berglund and Leanne J. Ussher (eds.), Routledge: Oxford Forthcoming
42 pages

Is There a 'Bubble' in the Housing Market Now?  
With Richard W. Peach
Is Your Bubble about to Burst? John A. Tatom (ed.), Networks Financial Institute: Indianpolis, IN. September 2006, pp. 18-37

Housing Activity, Home Values, and Consumer Spending
With Charles Steindel
Innovations in Real Estate Markets: Risks, Rewards, and the Role of Regulation, Federal Reserve Bank of Chicago Annual Conference on Bank Structure and Competition May 2006
34 pages

Are Home Prices the Next 'Bubble'?
With Richard W. Peach
FRBNY Economic Policy Review Volume 10, Number 3 (December 2004), 1-17

Investment Patterns by Type and Industry: What Do They Tell Us About the Boom and the Bust?
FRBNY Current Issues In Economics and Finance Volume 10, Number 6, May 2004

Capital Overhangs: Has Equipment Investment Spending Suffered from a Hangover?
Business Economics Volume 38, Number 4 (October 2003), 20-27

Monetary Policy Transmission to Residential Investment
With Richard W. Peach
FRBNY Economic Policy Review Volume 8, Number 1 (May 2002), 139-158

Equipment Expenditures since 1995: The Boom and the Bust
FRBNY Current Issues in Economics and Finance Volume 7, Number 9, October 2001

National and Regional Factors in the New York Metropolitan Economy
With Charles Steindel
FRBNY Economic Policy Review Volume 3, No. 1 (February 1997), 5-19

Debt, Delinquencies, and Consumer Spending
FRBNY Current Issues in Economics and Finance Volume 3, Number 3, February 1997

Imperfect Insurance and Differing Propensities to Consume Across Households
Journal of Monetary Economics 36 (1995), 301-327

The Impact of Individual Retirement Accounts on Savings
With Han N. Pham
FRBNY Current Issues In Economics and Finance Volume 1, Number 6, September 1995

Housing Trends in the 1990s: The Effects on Rent Inflation and Its Measurement in the CPI 
With Richard W. Peach
Federal Reserve Bank of New York Economic Policy Review, Forthcoming
41 pages / 343 kb

Monetary Policy Transmission to Residential Investment 
With Richard W. Peach
Federal Reserve Bank of New York Economic Policy Review, 2002, May, Volume 8, Number 1, pages 139-158
20 pages / 230 kb

Equipment Expenditures since 1995: The Boom and the Bust 
Federal Reserve Bank of New York Current Issues in Economics and Finance, 2001, Volume 7, Number 9, October
6 pages / 67 kb

National and Regional Factors in the New York Metropolitan Economy
With Charles Steindel
Federal Reserve Bank of New York Economic Policy Review, 1997, February, Volume 3, Number 1, pages 5-19

Debt, Delinquencies, and Consumer Spending
Federal Reserve Bank of New York Current Issues in Economics and Finance, 1997, Volume 3, Number 3, February

Imperfect Insurance and Differing Propensities to Consume Across Households
Journal of Monetary Economics, 1995, Volume 36(2), pages 301-327

The Impact of Individual Retirement Accounts on Savings
With Han N. Pham
Federal Reserve Bank of New York Current Issues in Economics and Finance, 1995, September, Volume 1, Number 6

Jonathan McCarthy's CV

The views expressed in the papers listed on this page are those of the author(s) and do not necessarily reflect the position of the Federal Reserve Bank of New York or the Federal Reserve System.