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Overview

Edward Nelson is affiliated with the Federal Reserve System in the United States. Their research primarily focuses on Economics, Econometrics, and Finance, with a significant concentration in General Economics, Econometrics, and Finance. They have also contributed to fields such as Atomic and Molecular Physics, and Optics, as well as Artificial Intelligence and Statistical and Nonlinear Physics.

The scientist's work encompasses several main topics, including:

  • Monetary Policy and Economic Impact
  • Economic Theory and Policy
  • Economic, financial, and policy analysis
  • Quantum Mechanics and Applications
  • Quantum Information and Cryptography
  • Advanced Thermodynamics and Statistical Mechanics
  • Global Financial Crisis and Policies

Edward Nelson has authored multiple papers, with notable recent publications including:

  • How Did It Happen?: The Great Inflation of the 1970s and Lessons for Today, 2022, Finance and Economics Discussion Series
  • Continuity and Change in the Federal Reserve's Perspective on Price Stability, 2024, Finance and Economics Discussion Series
  • The Emergence of Forward Guidance As a Monetary Policy Tool, 2021, SSRN Electronic Journal
  • The Emergence of Forward Guidance As a Monetary Policy Tool, 2021, Finance and Economics Discussion Series
  • How Did it Happen? The Great Inflation of the 1970s and Lessons for Today, 2023, SSRN Electronic Journal

Frequent co-authors include:

  • David López-Salido
  • Emily J. Markowitz
  • K.B. Hadley
  • Alan S. Ryan
  • N. Salem

The bulk of Edward Nelson's publications appear in the following venues:

  • Finance and Economics Discussion Series
  • SSRN Electronic Journal
  • Food and Chemical Toxicology
  • Microscopy and Microanalysis
  • History of Political Economy

Nelson's book publications include two titles released by Princeton University Press in 2020:

  • Dynamical Theories of Brownian Motion
  • Quantum Fluctuations

Best Publications

  • An Optimizing IS-LM Specification for Monetary Policy and Business Cycle Analysis

    Bennett McCallum;Edward Nelson

  • UK monetary policy 1972 -97: a guide using Taylor rules

    Edward Nelson

  • An Optimizing IS-LM Specification for Monetary Policy and Business Cycle Analysis

    Bennett T McCallum;Edward Nelson

  • Nominal Income Targeting in an Open-Economy Optimizing Model

    Bennett T. McCallum;Edward Nelson

  • Performance of Operational Policy Rules in an Estimated Semi-Classical Structural Model

    Bennett T. McCallum;Edward Nelson

  • The Federal Reserve's Large‐scale Asset Purchase Programmes: Rationale and Effects*

    Stefania D’Amico;William English;David López‐Salido;Edward Nelson

  • Tobin's Imperfect Asset Substitution in Optimizing General Equilibrium

    Javier Andres;J. David López-Salido;Edward Nelson

  • Monetary policy for an open economy: an alternative framework with optimizing agents and sticky prices

    Bennett T McCallum;Edward Nelson

  • The Future of Monetary Aggregates in Monetary Policy Analysis

    Edward Nelson

  • The real interest rate gap as an inflation indicator

    Katharine S. Neiss;Edward Nelson

  • The Lag from Monetary Policy Actions to Inflation: Friedman Revisited

    Nicoletta Batini;Edward Nelson

  • Direct effects of base money on aggregate demand: theory and evidence

    Edward Nelson

  • Timeless Perspective Vs Discretionary Monetary Policy in Forward-Looking Models

    Bennett T McCallum;Edward Nelson

  • Optimal horizons for inflation targeting

    Nicoletta Batini;Edward Nelson

  • Inflation Dynamics, Marginal Cost, and the Output Gap: Evidence from Three Countries

    Katharine S. Neiss;Edward Nelson

  • Timeless Perspective vs. Discretionary Monetary Policy In Forward-Looking Models

    Bennett T. McCallum;Edward Nelson

  • Monetary Policy for an Open Economy: An Alternative Framework with Optimizing Agents and Sticky Prices

    Bennett T McCallum;Edward Nelson

  • The Great Inflation of the Seventies : What Really Happened?

    Edward Nelson

  • UK inflation in the 1970s and 1980s: the role of output gap mismeasurement

    Edward Nelson;Kalin Nikolov

  • Timeless Perspectives vs. Discretionary Monetary Policy in Forward-Looking Models

    Bennett T. McCallum;Bennett T. McCallum;Edward Nelson

Frequent Co-Authors

Bennett T. McCallum
Bennett T. McCallum Carnegie Mellon University
J. David López-Salido
J. David López-Salido Federal Reserve System
Nicoletta Batini
Nicoletta Batini International Monetary Fund
Andrew T. Levin
Andrew T. Levin Dartmouth College
Anna J. Schwartz
Anna J. Schwartz National Bureau of Economic Research
Adrian Pagan
Adrian Pagan University of Sydney

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