Jon Faust

---

Who?

When not playing with my kids, riding a bike, fighting entropy, or sneaking a moment with my wife, I do economics, mainly at the intersection between macro and finance with an emphasis on time series econometrics » more

I am a the Louis J. Maccini Professor of Economics at Johns Hopkins and Director of the fledgling Center for Financial Economics. Things are really starting to move at the CFE.

Some years ago, I began to suspect that I am not the most famous Faust. Troubled, I set out … » more

---

Policy Yack

• How Should Fed Deal With Bubbles?; Jon Faust; Wall Street Journal Digital Network.
  »get it from WSJ Digital Network
• Panel on the Financial Crisis; Bob Barbera, Chris Carroll, John Driscoll, Jon Faust, Olivier Jeanne, Jonathan Wright, Matthew Zaft; CFE and Economics Dept..
  »get it from JHU site
• Whither macroeconomics? The surprising success of naive GDP forecasts; Jon Faust; Vox.
  »get it from Vox

---

Papers

»by date »by topic

Recent

• Comments on “Issues on Potential Growth Measurement and Comparison…” by Christophe Cahn and Authur Saint-Guilhem; Jon Faust; Presented at Economic Policy Conference, FRB St. Louis, Oct. 16-17, 2008..
  »slides
• DSGE models in a second-best world of policy analysis; Jon Faust; Manuscript, 2008.
  »paper [pdf 304k] »abstract
• Comments on “Expectations, Real Exchange Rates, and Monetary Policy)” by Michael B. Devereux and Charles Engel; Jon Faust; Presented at Monetary Policy and Asset Markets, FRB San Francisco, Feb. 22, 2008..
  »slides
• Comments on “US Shocks and Global Exchange Rate Configurations” by Michael Ehrmann and Marcel Fratzscher; Jon Faust; Presented at IFM session, NBER summer institute, 2007.
  »slides
• Comments on “Bond Supply, Expectations, and the Yield Curve,” by Monika Piazzesi and Martin Schneider; Jon Faust; presented at FRBAtlanta/CAPR Conference: Fiscal Policy and Monetary/Fiscal Policy Interactions, Apr. 19, 2007.
  »slides
• Comments on “On the fit of new-Keynesian models” by Del Negro, Schorfheide, Smets, and Wouters; Jon Faust; JBES, 25:2, April 2007 154-156..
  »get a copy
• Inflation Targeting: Why is it wonderful? Why might it fail?; Jon Faust; presented at Norges Bank Lecture, Oslo, March 27, 2007.
  »slides
• Comparing Greenbook and Reduced Form Forecasts using a Large Realtime Dataset; Faust, Jon; Wright, Jonathan H.; forthcoming, Journal of Business and Economic Statistics, Manuscript, 2007.
  »paper [pdf 212k] »abstract »Appendix »data
• Comments on “Optimal Monetary Policy in an Environment of Low Inflation and Rising Asset Prices” (by Takatoshi Ito); Jon Faust; presented at Bank of Korea Int'l Conf. 2006, (June 16), published in Monetary policy in an environment low inflation, proceedings of Bank of Korea International Conference, 2006.
  »paper [pdf 37k] »slides
• The High Frequency Response of Exchange Rates and Interest Rates to Macroeconomic Announcements; Faust, Jon; Rogers, John H.; Wang, Shing-Yi; Wright, Jonathan H.; Journal of Monetary Economics, 54:4, May 2005, 1051-1068.
  »get a copy »abstract
• Efficient forecast tests for conditional policy forecasts; Faust, Jon; Wright, Jonathan H.; forthcoming, Journal of Econometrics.
  »paper [pdf 271k] »abstract