Ricardo Reis


London School of Economics, B.Sc., 1999.

Harvard University, Economics, Ph.D., 2004.

Academic appointments

Professor of Economics, Columbia University, 2008-present.

Assistant Professor of Economics and Public Affairs, Department of Economics and Woodrow Wilson School, Princeton University, 2004-08.


Research Associate, Programs in Economic Fluctuations and Growth and in Monetary Economics, National Bureau of Economic Research, 2008-present.

Research Fellow, Prorgam in International Macroeconomics, Centre for Economic Policy Research, 2008-present.

Publications related to this theme

“Imperfect Information and Aggregate Supply.” In B. Friedman and M. Woodford, eds., Handbook of Monetary Economics, volume 3A, 183-230, Elsevier-North Holland, 2011 (with N. Gregory Mankiw).

“A Sticky-Information General-Equilibrium Model for Policy Analysis.” In Klaus Schmidt-Heubel and Carl Walsh, eds., Monetary Policy under Uncertainty and Learning, Central Bank of Chile: Santiago, 227-283, 2009.

“Optimal Monetary Policy Rules in an Estimated Sticky-Information Model.” American Economic Journal: Macroeconomics, 1 (2), 1-28, July 2009.

“Sticky Information in General Equilibrium.” Journal of the European Economic Association, 5 (2-3), 603-613, April-May 2007 (with N. Gregory Mankiw).

“Inattentive Consumers.” Journal of Monetary Economics, 53 (8), 1761-1800, November 2006

“Inattentive Producers.” Review of Economic Studies, 73 (3), 793-821, July 2006.

“Pervasive Stickiness.” American Economic Review P&P, 96 (2), 164-169, May 2006 (with N. Gregory Mankiw).

“Monetary Policy for Inattentive Economies.” Journal of Monetary Economics, 52 (4), 703-725, May 2005 (with Laurence Ball and N. Gregory Mankiw).

“Disagreement about Inflation Expectations.” In M. Gertler and K. Rogoff, eds., NBER Macroeconomics Annual 2003, vol. 18, 209-248, 2004 (with N. Gregory Mankiw and Justin Wolfers).

“Sticky Information: A Model of Monetary Non-neutrality and Structural Slumps.” In P. Aghion, R. Frydman, J. Stiglitz and M. Woodford, eds., Knowledge, Information, and Expectations in Modern Macroeconomics: In Honor of Edmund S. Phelps, Princeton, NJ: Princeton University Press, 64-86, 2003 (with N. Gregory Mankiw).

“Sticky Information Versus Sticky Prices: A Proposal to Replace the New Keynesian Phillips Curve.” Quarterly Journal of Economics, 117 (4), 1295-1328, November 2002 (with N. Gregory Mankiw).

Other publications

“Relative Goods’ Prices, Pure Inflation, and the Phillips Correlation.” American Economic Journal: Macroeconomics, 2 (3), 128-157, July 2010 (with Mark W. Watson).

“Interpreting the Unconventional U.S. Monetary Policy of 2007-09.” Brookings Papers on Economic Activity, 2009 (2), 119-165, Spring 2009.

“The Time-Series Properties of Aggregate Consumption: Implications for the Costs of Fluctuations.” Journal of the European Economic Association, 7 (4), 722-753, June 2009.

“The Brevity and Violence of Contractions and Expansions.” Journal of Monetary Economics, 55 (4), May 2008 (with Alisdair McKay).

“The Persistence of Inflation in the United States.” Journal of Economic Dynamics and Control, 31 (4), 1326-1358, April 2007 (with Frederic Pivetta).

“What Measure of Inflation Should a Central Bank Target?” Journal of the European Economic Association, 1 (5), 1058-1086, September 2003 (with N. Gregory Mankiw).

“Costs of Banking System Instability: Some Empirical Evidence.” Journal of Banking and Finance, 26 (5), 825-855, May 2002 (with Glenn Hoggarth and Victoria Saporta).