MARTIN SCHNEIDER

Associate Professor On Leave at: Research Department
Department of Economics Federal Reserve Bank of Minneapolis
New York University 90 Hennepin Ave

Minneapolis, MN 55480

ms1927@nyu.edu (612) 204-5490

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CV (pdf) RESEARCH STATEMENT (pdf)

WORKING PAPERS

"Inflation as a Redistribution Shock: Effects on Aggregates and Welfare" (with Matthias Doepke), new version 5/06.

"Inflation and the Price of Real Assets" (with Monika Piazzesi), new version 2/08.

"Global Private Information in International Equity Markets" (with Rui Albuquerque and Greg Bauer), new version 4/08.
"Concentrated Ownership and Bailout Guarantees" (with Aaron Tornell), new version 12/05.

"Borrowing Constraints in a Dynamic Model of Bank Asset and Liability Management"

PUBLICATIONS

Inflation Illusion, Credit, and Asset Pricing’’ (with Monika Piazzesi),

forthcoming in John Y. Campbell (ed.) ”Asset Prices and Monetary Policy”, 2008.

“Ambiguity, Information Quality and Asset Prices” (with Larry Epstein),

Journal of Finance, 63(1), 197-228 (2008).

"Strategic Experimentation and Disruptive Technological Change" (with Fabiano Schivardi),

Review of Economic Dynamics, 11(2), 386-412 (2008).

"Learning under Ambiguity" (with Larry Epstein),
Review of Economic Studies, 74(4), 1275-1303 (2007). Supplementary Appendix.

"Housing, Consumption and Asset Pricing" (with Monika Piazzesi and Selale Tuzel),
Journal of Financial Economics, 83(3), 531-569 (2007).

“International Equity Flows: A Quantitative Equilibrium Approach” (with Rui Albuquerque and Greg Bauer)
Review of Economic Studies, 74(1): 1-30 (2007). Appendix.

Equilibrium Yield Curves” (with Monika Piazzesi)

NBER Macroeconomics Annual 2006, 389-442.

“Inflation and the Redistribution of Nominal Wealth” (with Matthias Doepke),
Journal of Political Economy, 114(6): 1069-1097 (2006). Technical Appendix.

"Aggregate Implications of Wealth Redistribution: The Case of Inflation" (with Matthias Doepke),
Journal of the European Economic Association, 4(2-3), 493-502 (2006).
"Balance Sheet Effects, Bailout Guarantees, and Financial Crises" (with Aaron Tornell),
Review of Economic Studies 71(3), 883-913 (2004).
"IID: independently and indistinguishably distributed" (with Larry Epstein),
Journal of Economic Theory 113(1), 1-31 (2003).
"Recursive Multiple Priors" (with Larry Epstein),
Journal of Economic Theory 113(1), 32-50 (2003).
"Coordination and Correlation in Markov Rational Belief Equilibria'' (with Mordecai Kurz),
Economic Theory 8(3), 489-520 (1996).