Publications

Michael Bauer, Alexander Czarnota, Mathias Klein (2026). Prices and Monetary Policy: The Role of Financial Constraints. Working Paper.

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Michael D. Bauer, Daniel Huber, Eric A. Offner, Ole Wilms (2026). Corporate Green Pledges. FRBSF Working Paper. Revise-and-resubmit at Review of Financial Studies.

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Michael Bauer, Diego Känzig, Glenn Rudebusch (2026). Carbon Pricing and Inflation Expectations. Working Paper.

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Miguel Acosta, Andrea Ajello, Michael Bauer, Francesca Loria, Silvia Miranda-Agrippino (2025). Financial Market Effects of FOMC Communication: Evidence from a New Event-Study Database. FRBSF Working Paper. Revise-and-resubmit at Journal of Monetary Economics.

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Michael Bauer, Travis Berge, Giuseppe Fiori, Francesca Loria, Molin Zhong (2025). Accounting for Uncertainty and Risks in Monetary Policy. FEDS Paper.

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Michael D. Bauer, Eric A. Offner, Glenn D. Rudebusch (2025). Green Stocks and Monetary Policy Shocks: Evidence from Europe. European Economic Review.

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Martin C. Hänsel, Michael D. Bauer, Moritz A. Drupp, Gernot Wagner, Glenn D. Rudebusch (2024). Climate policy curves highlight key mitigation choices. Climate Policy.

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Michael D. Bauer, Carolin E. Pflueger, Adi Sunderam (2024). Changing Perceptions and Post-Pandemic Monetary Policy. Proceedings of 2024 Jackson Hole Economic Policy Symposium.

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Michael D. Bauer, Eric A. Offner, Glenn D. Rudebusch (2024). The Effect of U.S. Climate Policy on Financial Markets: An Event Study of the Inflation Reduction Act. Forthcoming in Advances in Econometrics.

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Michael D. Bauer, Carolin E. Pflueger, Adi Sunderam (2024). Perceptions about Monetary Policy. Quarterly Journal of Economics.

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Michael D. Bauer, Mikhail Chernov (2024). Interest Rate Skewness and Biased Beliefs. Journal of Finance.

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

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

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

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

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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.

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

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

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

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

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

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

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

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

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

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

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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.

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

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