Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                
create a website

News shocks and business cycles: bridging the gap from different methodologies. (2013). Gortz, Christoph ; Tsoukalas, John D. ; JohnD. Tsoukalas, .
In: Working Papers.
RePEc:gla:glaewp:2013_25.

Full description at Econpapers || Download paper

Cited: 1

Citations received by this document

Cites: 68

References cited by this document

Cocites: 50

Documents which have cited the same bibliography

Coauthors: 0

Authors who have wrote about the same topic

Citations

Citations received by this document

  1. A note on news about the future: the impact on DSGE models and their VAR representation. (2017). Minford, A. Patrick ; Meenagh, David ; Le, Vo Phuong Mai ; Phuong, VO.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:11818.

    Full description at Econpapers || Download paper

References

References cited by this document

  1. (2000). A large number of competitive “employment agencies” aggregate this specialized labor into a homogenous labor input which is sold to intermediate goods producers in a competitive market. Aggregation is done according to the following function, Lt = [ ∫ 1 0 Lt(j) 1 1+λw,t dj ]1+λw,t . The desired markup of wages over the household’s marginal rate of substitution (or wage mark-up), λw,t, follows the exogenous stochastic process, log(1 + λw,t) = (1 − ρw) log(1 + λw) + ρw log(1 + λw,t−1) + εw,t, where ρw ∈ (0, 1) and εw,t is i.i.d. N(0, σ2 λw ). Profit maximization by the perfectly competitive employment agencies implies the labor demand function, Lt(j) = (Wt(j) Wt )− 1+λw,t λw,t Lt, (C.1) where Wt(j) is the wage received from employment agencies by the supplier of labor of type j, while the wage paid by intermediate firms for the homogenous labor input is, Wt = [ ∫ 1 0 Wt(j) 1 λw,t dj ]λw,t .
    Paper not yet in RePEc: Add citation now
  2. Adjemian, S., Bastani, H., Juillard, M., Mihoubi, F., Perendia, G., Ratto, M., and Villemot, S. (2011). Dynare: Reference manual, version 4. Dynare Working Papers, 1.

  3. Adrian, T., Moench, E., and Shin, H. S. (2010). Financial intermediation asset prices and macroeconomic fundamentals. Federal Reserve Bank of New York Staff Report, (422).
    Paper not yet in RePEc: Add citation now
  4. Alexopoulos, M. (2011). Read all about it! What happens following a technology shock? American Economic Review, (101):1144–79.

  5. B Data Sources and Time Series Construction Table 9 provides an overview of the data used to construct the observables. All the data transformations we have made in order to construct the dataset used for the estimation of the model are described in detail below. Unless otherwise noted, the same variables are used for estimating the various VAR specifications. The data series for aggregate and consumption specific TFP used to estimate the VARs are taken from John Fernald’s website (http : //www.frbsf.org/economic − research/economists/jfernald/quarterlytfp.xls), and are described in Fernald (2012).
    Paper not yet in RePEc: Add citation now
  6. Barsky, R. B. and Sims, E. R. (2011). News shocks and business cycles. Journal of Monetary Economics, 58(3):273–289.

  7. Basu, S., Fernald, J., and Kimpball, M. (2006). Are technology improvements contractionary ? American Economic Review, 96(5):1418–1448.

  8. Basu, S., Fernald, J., J., F., and M., K. (2010). Sector specific technical change. Mimeo.
    Paper not yet in RePEc: Add citation now
  9. Beaudry, P. and Lucke, B. (2010). Letting different views about business cycles compete.

  10. Beaudry, P. and Portier, F. (2004). An exploration into Pigou’s theory of cycles. Journal of Monetary Economics, 51(6):1183–1216.

  11. Beaudry, P. and Portier, F. (2006). News, stock prices and economic fluctuations. The American Economic Review, 96(4):1293–1307.
    Paper not yet in RePEc: Add citation now
  12. Beaudry, P. and Portier, F. (2007). When can changes in expectations cause business cycle fluctuations in neo-classical settings? Journal of Economic Theory, 135:458–477.

  13. Beaudry, P. and Portier, F. (2013). News driven business cycles: Insights and challenges. NBER Working Papers 19411, National Bureau of Economic Research, Inc.

  14. Bernanke, B. and Gertler, M. (2000). Monetary policy and asset price volatility. Working Papers 7559, NBER.

  15. Boldrin, M., Christiano, L. J., and Fisher, J. D. M. (2001). Habit persistence, asset returns, and the business cycle. American Economic Review, 91(1):149–166.

  16. Brooks, S. P. and Gelman, A. (1998). General methods for monitoring convergence of iterative simulations. Journal of Computational and Graphical Statistics, 7(4):434–455.
    Paper not yet in RePEc: Add citation now
  17. Calvo, G. A. (1983). Staggered prices in a utility-maximizing framework. Journal of Monetary Economics, 12(3):383–398.

  18. Caplin, A. and Leahy, J. (1997). Aggregation and optimization with state-dependent pricing. Econometrica, 65(3):601–626.

  19. Christiano, L. J. and Fitzgerald, T. J. (1998). The business cycle: it’s still a puzzle. Federal Reserve Bank of Chicago Economic Perspectives, (Q IV):56–83.
    Paper not yet in RePEc: Add citation now
  20. Christiano, L. J., Eichenbaum, M., and Evans, C. L. (2005). Nominal rigidities and the dynamic effects of a shock to monetary policy. Journal of Political Economy, 113(1):1– 45.

  21. Christiano, L., Motto, R., and Rostagno, M. (2008). Monetary policy and stock market boom-bust cycles. Working Paper Series 955, European Central Bank.
    Paper not yet in RePEc: Add citation now
  22. Christiano, L., Motto, R., and Rostagno, M. (2012). Risk shocks. Working paper series, Northwestern University.
    Paper not yet in RePEc: Add citation now
  23. Cummins, J., Hassett, K., and Oliner, S. (2006). Investment behavior, observable expectations, and internal funds. American Economic Review, (96):796–810.

  24. Davis, J. (2007). News and the term structure in general equilibrium. Manuscript, Northwestern University.
    Paper not yet in RePEc: Add citation now
  25. DiCecio, R. (2009). Sticky wages and sectoral labor comovement. Journal of Economic Dynamics and Control, 33(3):538 – 553.

  26. Erceg, C. J., Henderson, D. W., and Levin, A. T. (2000). Optimal monetary policy with staggered wage and price contracts. Journal of Monetary Economics, 46(2):281–313.

  27. Fernald, J. (2012). A quarterly, utilization–adjusted series on total factor productivity.

  28. Fisher, J. D. M. (2006). The dynamic effects of neutral and investment-specific technology shocks. Journal of Political Economy, 114(3):413–451.
    Paper not yet in RePEc: Add citation now
  29. Following Erceg et al. (2000), in each period, a fraction ξw of the households cannot freely adjust its wage but follows the indexation rule, Wt+1(j) = Wt(j) ( πc,te zt+ ac 1−ai vt )ιw ( πce ga+ ac 1−ai gv )1−ιw . The remaining fraction of households, (1 − ξw), chooses an optimal wage, Wt(j), by maximizing,38 Et { ∞∑ s=0 ξs wβs [ − bt+sφ Lt+s(j)1+ν 1 + ν + Λt+sWt(j)Lt+s(j) ]} , subject to the labor demand function (C.1). The aggregate wage evolves according to, Wt = { (1 − ξw)( ˜Wt) 1 λw + ξw [( πce ga+ ac 1−ai gv )1−ιw ( πc,t−1e zt−1+ ac 1−ai vt−1 )ιw Wt−1 ] 1 λw }λw , where ˜Wt is the optimally chosen wage.
    Paper not yet in RePEc: Add citation now
  30. Fujiwara, I., Hirose, Y., and Shintani, M. (2011). Can news be a major source of aggregate fluctuations? A Bayesian DSGE approach. Journal of Money, Credit and Banking, 43(1):1–29.

  31. Gertler, M. and Karadi, P. (2011). A model of unconventional monetary policy. Journal of Monetary Economics, 58(1):17 – 34.

  32. Gertler, M. L. and Kiyotaki, N. (2010). Financial intermediation and credit policy in business cycle analysis. In Friedman, B. M. and Woodford, M., editors, Handbook of Monetary Economics, volume 3, chapter 11, pages 547–599. Elsevier, 1 edition.

  33. Gertler, M., Kiyotaki, N., and Queralto, A. (2011). Financial crises, bank risk exposure and government financial policy. Princeton University Mimeo.
    Paper not yet in RePEc: Add citation now
  34. Gilchrist, S. and Zakrajsek, E. (2012). Credit spreads and business cycle fluctuations.
    Paper not yet in RePEc: Add citation now
  35. Gilchrist, S., Yankov, V., and Zakrajsek, E. (2009). Credit market shocks and economic fluctuations: Evidence from corporate bond and stock markets. Journal of Monetary Economics, 56:471–493.

  36. Gourio, F. (2012). Disaster risk and business cycles. American Economic Review, forthcoming.

  37. Greenwood, J., Hercowitz, Z., and Krusell, P. (2000). The role of investment specific technological change in the business cycle. European Economic Review, 44:91–115.
    Paper not yet in RePEc: Add citation now
  38. Gunn, C. and Johri, A. (2011). News and knowledge capital. Review of Economic Dynamics, 14(1):92–101.

  39. Gunn, C. and Johri, A. (2013). An expectations-driven interpretation of the “great recession ”. Journal of Monetary Economics, 60:391–407.

  40. Huffman, G. W. and Wynne, M. A. (1999). The role of intratemporal adjustment costs in a multisector economy. Journal of Monetary Economics, 43(2):317–350.

  41. I-sector price markup Beta 0.60 0.20 0.8871 0.8442 0.9337 ρλw Wage markup Beta 0.60 0.20 0.0523 0.0087 0.0945 ρξK ,C C-sector capital quality Beta 0.60 0.20 0.8437 0.8133 0.8765 ρξK ,I I-sector capital quality Beta 0.60 0.20 0.0862 0.0215 0.1471 Shocks: Volatilities σz C-sector TFP Inv Gamma 0.50 2 0.1721 0.1288 0.2147 σ4 z C-sector TFP. 4Q ahead news Inv Gamma 0.5/ √ 2 2 0.1174 0.0839 0.1521 σ8 z C-sector TFP. 8Q ahead news Inv Gamma 0.5/ √ 2 2 0.2014 0.1544 0.2470 σv I-sector TFP Inv Gamma 0.50 2 1.8718 1.5932 2.1517 σ4 v I-sector TFP. 4Q ahead news Inv Gamma 0.5/ √ 2 2 0.2959 0.1090 0.4712 σ8 v I-sector TFP. 8Q ahead news Inv Gamma 0.5/ √ 2 2 0.7001 0.5282 0.8661 σb Preference Inv Gamma 0.10 2 1.4524 1.1644 1.7339 σe GDP measurement error Inv Gamma 0.50 2 0.5102 0.4357 0.5794 σmp Monetary policy Inv Gamma 0.10 2 0.1204 0.1023 0.1386 σλC p C-sector price markup Inv Gamma 0.10 2 0.6045 0.5184 0.6839 σλI p
    Paper not yet in RePEc: Add citation now
  42. I-sector price markup Inv Gamma 0.10 2 0.2282 0.1647 0.2863 σλw Wage markup Inv Gamma 0.10 2 0.3689 0.3100 0.4274 σξK ,C C-sector capital quality Inv Gamma 0.50 2 0.3118 0.2237 0.3948 σξK ,I I-sector capital quality Inv Gamma 0.50 2 2.4029 2.0458 2.7600 Notes. The posterior distribution of parameters is evaluated numerically using the random walk Metropolis-Hastings algorithm. We simulate the posterior using a sample of 500,000 draws and discard the first 100,000 of the draws.
    Paper not yet in RePEc: Add citation now
  43. In line with Gilchrist and Zakrajsek (2012) we make the following adjustments to the credit spread data we construct: using ratings from Standard & Poor’s and Moody’s, we exclude all bonds which are below investment grade as well as the bonds for which ratings are unavailable. We further exclude all spreads with a duration below one and above 30 years and exclude all credit spreads below 10 and above 5000 basis points to ensure that the time series are not driven by a small number of extreme observations.
    Paper not yet in RePEc: Add citation now
  44. In NBER Macroeconomics Annual 2009, Volume 24, NBER Chapters, pages 413–455. National Bureau of Economic Research, Inc.
    Paper not yet in RePEc: Add citation now
  45. Ireland, P. N. and Schuh, S. (2008). Productivity and us macroeconomic performance: Interpreting the past and predicting the future with a two-sector real business cycle model. Review of Economic Dynamics, 11(3):473 – 492.

  46. Iskrev, N. (2010). Local identification in DSGE models. Journal of Monetary Economics, 57(2):189 – 202.

  47. Jaimovich, N. and Rebelo, S. (2009). Can news about the future drive the business cycle? American Economic Review, 99(4):1097–1118.

  48. Justiniano, A., Primiceri, G. E., and Tambalotti, A. (2010). Investment shocks and business cycles. Journal of Monetary Economics, 57(2):132–145.

  49. Justiniano, A., Primiceri, G. E., and Tambalotti, A. (2011). Investment shocks and the relative price of investment. Review of Economic Dynamics, 14(1):101 – 121.

  50. Karnizova, L. (2010). The spirit of capitalism and expectation-driven business cycles. Journal of Monetary Economics, 57(6):739 – 752.

  51. Khan, H. and Tsoukalas, J. (2012). The quantitative importance of news shocks in estimated DSGE models. Journal of Money Credit and Banking, forthcoming.

  52. Kilian, L. (1998). Small sample confidence intervals for impulse response functions. Review of Economics and Statistics, 80(2):218–230.

  53. King, R. G., Plosser, C., and Rebelo, S. T. (1988). Production, growth, and business cycles: I the basic neoclassical model. Journal of Monetary Economics, 21:195–232.

  54. Koop, G., Pesaran, H., and Smith, R. (2012). On identification of bayesian dsge models. mimeo.
    Paper not yet in RePEc: Add citation now
  55. Korobilis, D. and Tsoukalas, J. (2013). The time varying nature of news shocks. mimeo.
    Paper not yet in RePEc: Add citation now
  56. Leduc, S. and Sill, K. (2013). Expectations and economic fluctuations: An analysis using survey data. Review of Economics and Statistics, forthcoming.
    Paper not yet in RePEc: Add citation now
  57. Let δx ∈ (0, 1) denote the depreciation rate of capital and Kx,t−1 the cap38 All households that can reoptimize will choose the same wage. The probability to be able to adjust the wage, (1 − ξw), can be seen as a reduced-form representation of wage rigidities with a broader microfoundation; for example quadratic adjustment costs (Calvo (1983)), information frictions (Mankiw, N. Gregory and Reis, Ricardo (2002)) and contract costs (Caplin and Leahy (1997)). ital stock available at the beginning of period t in sector x = C, I. Then setting Ox,t = (1 − δ)ξK x,t Kx,t−1 implies the available (sector specific) capital stock in sector x, evolves according to, Kx,t = (1 − δx)ξK x,t Kx,t−1 + ( 1 − S ( Ix,t Ix,t−1 )) Ix,t, x = C, I, (C.2) as described in the main text.
    Paper not yet in RePEc: Add citation now
  58. Mankiw, N. Gregory and Reis, Ricardo (2002). Sticky Information versus Sticky Prices: A Proposal to Replace the New Keynesian Phillips Curve. The Quarterly Journal of Economics, 117(4):1295–1328.

  59. Nam, D. and Wang, J. (2012). Are predictable improvements in tfp contractionary or expansionary: Implications from sectoral tfp? Dallas Fed Working paper no. 114.

  60. Papanikolaou, D. (2011). Investment shocks and asset prices. Journal of Political Economy, 119(4):639 – 685.

  61. Philippon, T. (2009). The bond market’s q. Quarterly Journal of Economics, 124:1011– 1056.

  62. Ramey, V. and Shapiro, M. D. (2001). Displaced capital: A study of aerospace plant closings. Journal of Political Economy, 109:959–992.

  63. Sannikov, Y. and Brunnermeier, M. K. (2010). A macroeconomic model with a financial sector. Technical report.
    Paper not yet in RePEc: Add citation now
  64. Schmitt-Grohe, S. and Uribe, M. (2012). What’s news in business cycles? Econometrica, forthcoming.
    Paper not yet in RePEc: Add citation now
  65. Smets, F. and Wouters, R. (2007). Shocks and frictions in US business cycles: A Bayesian DSGE approach. American Economic Review, 97(3):586–606.

  66. The only industry which changes classification (from consumption to investment) during the sample is “information” which for the majority of the sample can be classified as investment and we classify it as such. 37 We use the 2005 NAICS codes. The investment sector is defined to consist of companies in mining, utilities, transportation and warehousing, information, manufacturing, construction and wholesale trade industries (NAICS codes 21 22 23 31 32 33 42 48 49 51 (except 491)). The consumption sector consists of companies in retail trade, finance, insurance, real estate, rental and leasing, professional and business services, educational services, health care and social assistance,arts, entertainment, recreation, accommodation and food services and other services except government (NAICS codes 6 7 11 44 45 52 53 54 55 56 81).
    Paper not yet in RePEc: Add citation now
  67. Theodoridis, K. and Zanetti, F. (2013). News and labor market dynamics in the data and in matching models. Mimeo, University of Oxford.

  68. Walentin, K. (2012). Expectation driven business cycles with limited enforcement. Riksbank Working Paper No. 229.
    Paper not yet in RePEc: Add citation now

Cocites

Documents in RePEc which have cited the same bibliography

  1. Whats News in International Business Cycles. (2017). Siena, Daniele.
    In: 2017 Meeting Papers.
    RePEc:red:sed017:1206.

    Full description at Econpapers || Download paper

  2. Intermediate Goods and Exchange Rate Disconnect. (2017). Craighead, William.
    In: MPRA Paper.
    RePEc:pra:mprapa:83075.

    Full description at Econpapers || Download paper

  3. Uncertainty shocks and firm dynamics : Search and monitoring in the credit market. (2017). Tripier, Fabien ; Isoré, Marlène ; Brand, Thomas.
    In: Research Discussion Papers.
    RePEc:bof:bofrdp:2017_034.

    Full description at Econpapers || Download paper

  4. House Prices and Government Spending Shocks. (2016). Khan, Hashmat ; Reza, Abeer.
    In: Carleton Economic Papers.
    RePEc:car:carecp:13-10.

    Full description at Econpapers || Download paper

  5. Sources of Business Fluctuations: Financial or Technology Shocks?. (2014). Kurozumi, Takushi ; Kaihatsu, Sohei.
    In: Review of Economic Dynamics.
    RePEc:red:issued:11-267.

    Full description at Econpapers || Download paper

  6. Risky Linear Approximations. (2014). Meyer-Gohde, Alexander.
    In: SFB 649 Discussion Papers.
    RePEc:hum:wpaper:sfb649dp2014-034.

    Full description at Econpapers || Download paper

  7. A multi-country DSGE model with incomplete Exchange Rate Pass-through: application for the Euro area. (2014). Razafindrabe, Tovonony.
    In: EconomiX Working Papers.
    RePEc:drm:wpaper:2014-6.

    Full description at Econpapers || Download paper

  8. Tax Smoothing in a Business Cycle Model with Capital-Skill Complementarity. (2014). Malley, Jim ; Asimakopoulos, Stylianos ; Angelopoulos, Konstantinos.
    In: CESifo Working Paper Series.
    RePEc:ces:ceswps:_4744.

    Full description at Econpapers || Download paper

  9. The Effects of Government Spending in a Small Open Economy within a Monetary Union. (2014). Lozej, Matija ; Jacquinot, Pascal ; Clancy, Daragh.
    In: Research Technical Papers.
    RePEc:cbi:wpaper:12/rt/14.

    Full description at Econpapers || Download paper

  10. A stylized applied energy-economy model for France.. (2014). Schubert, Katheline ; Henriet, Fanny ; Maggiar, N..
    In: Working papers.
    RePEc:bfr:banfra:478.

    Full description at Econpapers || Download paper

  11. Search Frictions, Financial Frictions and Labour Market Fluctuations in Emerging Markets. (2014). Kabaca, Serdar ; Altug, Sumru.
    In: Staff Working Papers.
    RePEc:bca:bocawp:14-35.

    Full description at Econpapers || Download paper

  12. Inflation in Poland under state-dependent pricing. (2013). Szafrański, Grzegorz ; Malaczewski, Maciej ; Górajski, Mariusz ; Baranowski, Pawel ; Szafranski, Grzegorz ; Gorajski, Mariusz .
    In: Discussion Papers.
    RePEc:tkk:dpaper:dp83.

    Full description at Econpapers || Download paper

  13. Financial Globalization and Monetary Transmission. (2013). Auer, Simone ; Meier, Simone .
    In: Working Papers.
    RePEc:snb:snbwpa:2013-03.

    Full description at Econpapers || Download paper

  14. Environmental Policy and Macroeconomic Dynamics in a New Keynesian Model. (2013). Di Dio, Fabio ; Annicchiarico, Barbara.
    In: CEIS Research Paper.
    RePEc:rtv:ceisrp:286.

    Full description at Econpapers || Download paper

  15. Dissecting the dynamics of the US trade balance in an estimated equilibrium model. (2013). Peersman, Gert ; Jacob, Punnoose.
    In: Reserve Bank of New Zealand Discussion Paper Series.
    RePEc:nzb:nzbdps:2013/04.

    Full description at Econpapers || Download paper

  16. A New Keynesian Framework and Wage and Price Dynamics in the US. (2013). Kivedal, Bjørnar Karlsen.
    In: Working Paper Series.
    RePEc:nst:samfok:15113.

    Full description at Econpapers || Download paper

  17. Pruning in Perturbation DSGE Models - Guidance from Nonlinear Moving Average Approximations. (2013). Meyer-Gohde, Alexander ; Lan, Hong.
    In: SFB 649 Discussion Papers.
    RePEc:hum:wpaper:sfb649dp2013-024.

    Full description at Econpapers || Download paper

  18. Population, land, and growth. (2013). Wigniolle, Bertrand ; LOUPIAS, CLAIRE.
    In: PSE - Labex OSE-Ouvrir la Science Economique.
    RePEc:hal:pseose:halshs-00823255.

    Full description at Econpapers || Download paper

  19. News shocks and business cycles: bridging the gap from different methodologies. (2013). Gortz, Christoph ; Tsoukalas, John D. ; JohnD. Tsoukalas, .
    In: Working Papers.
    RePEc:gla:glaewp:2013_25.

    Full description at Econpapers || Download paper

  20. Business cycles and financial crises: the roles of credit supply and demand shocks. (2013). Tallman, Ellis ; Nason, James.
    In: Working Papers.
    RePEc:fip:fedpwp:12-24.

    Full description at Econpapers || Download paper

  21. Financial globalization and monetary transmission. (2013). Auer, Simone ; Meier, Simone .
    In: Globalization Institute Working Papers.
    RePEc:fip:feddgw:145.

    Full description at Econpapers || Download paper

  22. Business cycles and financial crises: the roles of credit supply and demand shocks. (2013). Tallman, Ellis ; Nason, James.
    In: Working Papers (Old Series).
    RePEc:fip:fedcwp:1221.

    Full description at Econpapers || Download paper

  23. Food Prices and Inflation Targeting in Emerging Economies. (2013). Pourroy, Marc ; Coulibaly, Dramane ; Carton, Benjamin.
    In: EconomiX Working Papers.
    RePEc:drm:wpaper:2013-7.

    Full description at Econpapers || Download paper

  24. Liquidity, Quantitative Easing and Optimal Monetary Policy. (2013). Kara, Engin ; Sin, Jasmin .
    In: Bristol Economics Discussion Papers.
    RePEc:bri:uobdis:13/635.

    Full description at Econpapers || Download paper

  25. Credit, Endogenous Collateral and Risky Assets: A DSGE Model. (2013). Saia, Alessandro ; Falagiarda, Matteo.
    In: Working Papers.
    RePEc:bol:bodewp:wp916.

    Full description at Econpapers || Download paper

  26. Priors about Observables in Vector Autoregressions. (2013). Marcet, Albert ; Jarociński, Marek ; Jarocinski, Marek.
    In: Working Papers.
    RePEc:bge:wpaper:684.

    Full description at Econpapers || Download paper

  27. Informality and macroeconomic fluctuations: A small open economy New Keynesian DSGE model with dual labour markets. (2013). Senbeta, Sisay.
    In: Working Papers.
    RePEc:ant:wpaper:2013002.

    Full description at Econpapers || Download paper

  28. Labour Market Frictions, Monetary Policy, and Durable Goods. (2012). Hertweck, Matthias ; Di Pace, Federico.
    In: Annual Conference 2012 (Goettingen): New Approaches and Challenges for the Labor Market of the 21st Century.
    RePEc:zbw:vfsc12:62052.

    Full description at Econpapers || Download paper

  29. Monetary Rules and Sectoral Unemployment in Open Economies. (2012). Craighead, William.
    In: Wesleyan Economics Working Papers.
    RePEc:wes:weswpa:2012-001.

    Full description at Econpapers || Download paper

  30. Efficient simulation of DSGE models with inequality constraints. (2012). Paetz, Michael ; Holden, Tom.
    In: School of Economics Discussion Papers.
    RePEc:sur:surrec:1612.

    Full description at Econpapers || Download paper

  31. Medium-frequency cycles and the remarkable near trend-stationarity of output. (2012). Holden, Tom.
    In: School of Economics Discussion Papers.
    RePEc:sur:surrec:1412.

    Full description at Econpapers || Download paper

  32. Capital Controls with International Reserve Accumulation: Can this Be Optimal?. (2012). Kalantzis, Yannick ; Benhima, Kenza ; Bacchetta, Philippe.
    In: 2012 Meeting Papers.
    RePEc:red:sed012:448.

    Full description at Econpapers || Download paper

  33. Consumption dynamics in general equilibrium. (2012). Hall, Jamie.
    In: MPRA Paper.
    RePEc:pra:mprapa:43933.

    Full description at Econpapers || Download paper

  34. To be or not to be informal?: A Structural Simulation. (2012). Vargas, Jose P Mauricio ; Vargas, Jose P Mauricio, .
    In: MPRA Paper.
    RePEc:pra:mprapa:41290.

    Full description at Econpapers || Download paper

  35. Rapid estimation of nonlinear DSGE models. (2012). Hall, Jamie.
    In: MPRA Paper.
    RePEc:pra:mprapa:41218.

    Full description at Econpapers || Download paper

  36. Food Prices and Inflation Targeting in Emerging Economies. (2012). Pourroy, Marc ; Coulibaly, Dramane ; Carton, Benjamin.
    In: Documents de travail du Centre d'Economie de la Sorbonne.
    RePEc:mse:cesdoc:12087.

    Full description at Econpapers || Download paper

  37. Labour Market Frictions, Monetary Policy and Durable Goods. (2012). Hertweck, Matthias ; Di Pace, Federico.
    In: Working Paper Series of the Department of Economics, University of Konstanz.
    RePEc:knz:dpteco:1209.

    Full description at Econpapers || Download paper

  38. Existence and Uniqueness of Perturbation Solutions to DSGE Models. (2012). Meyer-Gohde, Alexander ; Lan, Hong.
    In: SFB 649 Discussion Papers.
    RePEc:hum:wpaper:sfb649dp2012-015.

    Full description at Econpapers || Download paper

  39. Efficient Simulation of DSGE Models with Inequality Constraints. (2012). Paetz, Michael ; Holden, Tom.
    In: Quantitative Macroeconomics Working Papers.
    RePEc:ham:qmwops:21207b.

    Full description at Econpapers || Download paper

  40. Food Prices and Inflation Targeting in Emerging Economies. (2012). Pourroy, Marc ; Coulibaly, Dramane ; Carton, Benjamin.
    In: Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers).
    RePEc:hal:cesptp:halshs-00768906.

    Full description at Econpapers || Download paper

  41. The aggregate demand effects of short- and long-term interest rates. (2012). Kiley, Michael.
    In: Finance and Economics Discussion Series.
    RePEc:fip:fedgfe:2012-54.

    Full description at Econpapers || Download paper

  42. Imbalances and rebalancing scenarios in an estimated structural model for Spain. (2012). Raciborski, Rafal ; Ratto, Marco ; in 't Veld, Jan ; Pagano, Andrea ; Roeger, Werner ; Jan in'tVeld, ; Jan in 't Veld, ; Jan in't Veld, .
    In: European Economy - Economic Papers 2008 - 2015.
    RePEc:euf:ecopap:0458.

    Full description at Econpapers || Download paper

  43. Monetary policy in an uncertain world: probability models and the design of robust monetary rules. (2012). Levine, Paul.
    In: Indian Growth and Development Review.
    RePEc:eme:igdrpp:v:5:y:2012:i:1:p:70-88.

    Full description at Econpapers || Download paper

  44. Business Cycles and Financial Crises: The Roles of Credit Supply and Demand Shocks. (2012). Tallman, Ellis ; Nason, James.
    In: CAMA Working Papers.
    RePEc:een:camaaa:2012-44.

    Full description at Econpapers || Download paper

  45. Asimetrías del empleo y el producto, una aproximación de equilibrio general. (2012). Rodríguez N., Norberto ; Rodriguez, Diego ; Ocampo, Sergio ; Gonzalez, Andres.
    In: Revista ESPE - ENSAYOS SOBRE POLÍTICA ECONÓMICA.
    RePEc:col:000107:010343.

    Full description at Econpapers || Download paper

  46. Output gap and Neutral interest measures for Colombia. (2012). Rodriguez, Diego ; Ocampo, Sergio ; Gonzalez, Andres ; Perez, Julian .
    In: BORRADORES DE ECONOMIA.
    RePEc:col:000094:009870.

    Full description at Econpapers || Download paper

  47. Food Prices and Inflation Targeting in Emerging Economies. (2012). Pourroy, Marc ; Coulibaly, Dramane ; Carton, Benjamin.
    In: Working Papers.
    RePEc:cii:cepidt:2012-33.

    Full description at Econpapers || Download paper

  48. Capital Controls with International Reserve Accumulation: Can this Be Optimal?. (2012). Kalantzis, Yannick ; Benhima, Kenza ; Bacchetta, Philippe.
    In: Working papers.
    RePEc:bfr:banfra:406.

    Full description at Econpapers || Download paper

  49. Search Frictions, Financial Frictions and Labor Market Fluctuations in Emerging Economies. (2011). Kabaca, Serdar ; Altug, Sumru ; Poyraz, Meltem .
    In: Koç University-TUSIAD Economic Research Forum Working Papers.
    RePEc:koc:wpaper:1136.

    Full description at Econpapers || Download paper

  50. The Accuracy of Perturbation Methods to Solve Small Open Economy Models. (2011). Fasolo, Angelo.
    In: Working Papers Series.
    RePEc:bcb:wpaper:262.

    Full description at Econpapers || Download paper

Coauthors

Authors registered in RePEc who have wrote about the same topic

Report date: 2025-02-15 18:32:27 || Missing content? Let us know

CitEc is a RePEc service, providing citation data for Economics since 2001. Sponsored by INOMICS. Last updated October, 6 2023. Contact: CitEc Team.