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Gadi Barlevy

Citations

Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.

Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. Gadi Barlevy & Jonas D. M. Fisher, 2010. "Mortgage choices and housing speculation," Working Paper Series WP-2010-12, Federal Reserve Bank of Chicago.

    Mentioned in:

    1. Interest-only mortgages and house price bubbles
      by Economic Logician in Economic Logic on 2011-01-10 21:44:00

Wikipedia or ReplicationWiki mentions

(Only mentions on Wikipedia that link back to a page on a RePEc service)
  1. Gadi Barlevy, 2004. "The Cost of Business Cycles Under Endogenous Growth," American Economic Review, American Economic Association, vol. 94(4), pages 964-990, September.

    Mentioned in:

    1. The Cost of Business Cycles Under Endogenous Growth (AER 2004) in ReplicationWiki ()
  2. Gadi Barlevy, 2008. "Identification of Search Models using Record Statistics," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 75(1), pages 29-64.

    Mentioned in:

    1. Identification of Search Models using Record Statistics (REStud 2008) in ReplicationWiki ()

Working papers

  1. Franklin Allen & Gadi Barlevy & Douglas Gale, 2023. "A Comment on Monetary Policy and Rational Asset Price Bubbles," Working Paper Series WP 2023-25, Federal Reserve Bank of Chicago.

    Cited by:

    1. Bonchi, Jacopo & Nisticò, Salvatore, 2024. "Optimal monetary policy and rational asset bubbles," European Economic Review, Elsevier, vol. 170(C).
    2. Hirano, Tomohiro & Toda, Alexis Akira, 2024. "Bubble economics," Journal of Mathematical Economics, Elsevier, vol. 111(C).
    3. Makoto WATANABE & Yu Awaya & kohei Iwasaki, 2024. "Money is the roof of asset bubbles," CIGS Working Paper Series 24-001E, The Canon Institute for Global Studies.

  2. Gadi Barlevy & R. Jason Faberman & Bart Hobijn & Aysegul Sahin, 2023. "The Shifting Reasons for Beveridge-Curve Shifts," Working Paper Series WP 2023-38, Federal Reserve Bank of Chicago.

    Cited by:

    1. Bilenkisi, Fikret, 2024. "Uncertainty, labour force participation and job search," Economic Modelling, Elsevier, vol. 139(C).
    2. Régis Barnichon & Adam Shapiro, 2024. "Phillips Meets Beveridge," NBER Chapters, in: Inflation in the COVID Era and Beyond, National Bureau of Economic Research, Inc.
    3. Taylor, Karl & Bhadury, Soumya & Binner, Jane & Mandal, Anandadeep, 2024. "Business Cycle Turning Points and Local Labour Markets," IZA Discussion Papers 17153, Institute of Labor Economics (IZA).
    4. Crump, Richard K. & Eusepi, Stefano & Giannoni, Marc & Şahin, Ayşegül, 2024. "The unemployment–inflation trade-off revisited: The Phillips curve in COVID times," Journal of Monetary Economics, Elsevier, vol. 145(S).
    5. Pascal Michaillat & Emmanuel Saez, 2024. "Has the Recession Started?," Papers 2408.05856, arXiv.org, revised Sep 2024.
    6. Figura, Andrew & Waller, Chris, 2024. "What does the beveridge curve tell us about the likelihood of soft landings?," Journal of Economic Dynamics and Control, Elsevier, vol. 169(C).
    7. Fortin, Pierre, 2024. "Does immigration help alleviate economy-wide labour shortages?," CLEF Working Paper Series 70, Canadian Labour Economics Forum (CLEF), University of Waterloo.
    8. Barnichon, Régis & Shapiro, Adam Hale, 2024. "Phillips meets Beveridge," Journal of Monetary Economics, Elsevier, vol. 148(S).
    9. Fabrice Collard & Patrick Feve & Alain Guay, 2024. "Risk Scenarios and Macroeconomic Forecasts," Working Papers 24-03, Chair in macroeconomics and forecasting, University of Quebec in Montreal's School of Management, revised May 2024.

  3. Gadi Barlevy & Jonas Fisher, 2020. "Online Appendix to "Why were interest only mortgages so population during U.S. housing boom?"," Online Appendices 20-5, Review of Economic Dynamics.

    Cited by:

    1. Griffin, John M. & Kruger, Samuel & Maturana, Gonzalo, 2021. "What drove the 2003–2006 house price boom and subsequent collapse? Disentangling competing explanations," Journal of Financial Economics, Elsevier, vol. 141(3), pages 1007-1035.

  4. Franklin Allen & Douglas Gale & Gadi Barlevy, 2019. "Asset Price Booms and Macroeconomic Policy: a Risk-Shifting Approach," 2019 Meeting Papers 587, Society for Economic Dynamics.

    Cited by:

    1. Tomohiro Hirano & Ryo Jinnai & Alexis Akira Toda, 2022. "Leverage, Endogenous Unbalanced Growth, and Asset Price Bubbles," Papers 2211.13100, arXiv.org, revised Feb 2024.
    2. Baolei Qi & Mohamed Marie & Ahmed S. Abdelwahed & Ibrahim N. Khatatbeh & Mohamed Omran & Abdallah A. S. Fayad, 2023. "Bank Risk Literature (1978–2022): A Bibliometric Analysis and Research Front Mapping," Sustainability, MDPI, vol. 15(5), pages 1-27, March.
    3. Makoto WATANABE & Yu Awaya & kohei Iwasaki, 2024. "Money is the roof of asset bubbles," CIGS Working Paper Series 24-001E, The Canon Institute for Global Studies.
    4. Gadi Barlevy & Jonas Fisher, 2021. "Why were interest only mortgages so population during U.S. housing boom?," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 41, pages 205-224, July.
    5. Christophe Blot & Paul Hubert & Fabien Labondance, 2020. "The asymmetric effects of monetary policy on stock price bubbles," Documents de Travail de l'OFCE 2020-12, Observatoire Francais des Conjonctures Economiques (OFCE).
    6. Plantin, Guillaume, 2023. "Asset bubbles and inflation as competing monetary phenomena," Journal of Economic Theory, Elsevier, vol. 212(C).
    7. Tomohiro Hirano & Joseph E. Stiglitz, 2024. "Credit, Land Speculation, and Long-Run Economic Growth," Papers 2405.05901, arXiv.org.
    8. ÅžimÅŸek, Alp, 2021. "The Macroeconomics of Financial Speculation," CEPR Discussion Papers 15733, C.E.P.R. Discussion Papers.
    9. Tomohiro HIRANO & Alexis Akira Toda, 2024. "Housing Bubbles with Phase Transitions," CIGS Working Paper Series 24-009E, The Canon Institute for Global Studies.
    10. Tomohiro Hirano & Alexis Akira Toda, 2023. "Equilibrium Selection in Pure Bubble Models by Dividend Injection," Papers 2303.05636, arXiv.org, revised Oct 2024.
    11. Franklin Allen & Gadi Barlevy & Douglas Gale, 2023. "A Comment on Monetary Policy and Rational Asset Price Bubbles," Working Paper Series WP 2023-25, Federal Reserve Bank of Chicago.
    12. Tomohiro Hirano & Joseph E. Stiglitz, 2022. "Land Speculation and Wobbly Dynamics with Endogenous Phase Transitions," NBER Working Papers 29745, National Bureau of Economic Research, Inc.
    13. Laura Bakkensen & Toan Phan & Russell Wong, 2023. "Leveraging the Disagreement on Climate Change: Theory and Evidence," Working Paper 23-01, Federal Reserve Bank of Richmond.
    14. Tomohiro Hirano & Alexis Akira Toda, 2023. "Unique Equilibria in Models of Rational Asset Price Bubbles," CIGS Working Paper Series 23-005E, The Canon Institute for Global Studies.
    15. Tomohiro Hirano & Alexis Akira Toda, 2024. "Rational Bubbles: A Clarification," Papers 2407.14017, arXiv.org.
    16. Li, Meng, 2023. "Loss aversion and inefficient general equilibrium over the business cycle," Economic Modelling, Elsevier, vol. 118(C).

  5. Franklin Allen & Gadi Barlevy & Douglas Gale, 2017. "On Interest Rate Policy and Asset Bubbles," Working Paper Series WP-2017-16, Federal Reserve Bank of Chicago.

    Cited by:

    1. Pablo Guerron-Quintana & Tomohiro Hirano & Ryo Jinnai, 2020. "Recurrent Bubbles and Economic Growth," Discussion Papers 2012, Centre for Macroeconomics (CFM).
    2. Alberto Martin & Jaume Ventura, 2017. "The macroeconomics of rational bubbles: a user's guide," Economics Working Papers 1581, Department of Economics and Business, Universitat Pompeu Fabra, revised Feb 2018.
    3. Jordi Galí, 2016. "Monetary policy and bubbles in a new Keynesian model with overlapping generations," Economics Working Papers 1561, Department of Economics and Business, Universitat Pompeu Fabra, revised Jan 2020.
    4. Christophe Blot & Paul Hubert & Fabien Labondance, 2020. "The asymmetric effects of monetary policy on stock price bubbles," Documents de Travail de l'OFCE 2020-12, Observatoire Francais des Conjonctures Economiques (OFCE).
    5. Sushant Acharya & Keshav Dogra, 2018. "The side effects of safe asset creation," Staff Reports 842, Federal Reserve Bank of New York.
    6. Anastasios Evgenidis & Anastasios G. Malliaris, 2020. "To Lean Or Not To Lean Against An Asset Price Bubble? Empirical Evidence," Economic Inquiry, Western Economic Association International, vol. 58(4), pages 1958-1976, October.
    7. Le, Vo Phuong Mai & Meenagh, David & Minford, Patrick, 2023. "Could an economy get stuck in a rational pessimism bubble? The case of Japan," Cardiff Economics Working Papers E2023/13, Cardiff University, Cardiff Business School, Economics Section.
    8. Dong, Feng & Xu, Zhiwei, 2022. "Bubbly bailout," Journal of Economic Theory, Elsevier, vol. 202(C).
    9. Alexey Vasilenko, 2018. "Should Central Banks Prick Asset Price Bubbles? An Analysis Based on a Financial Accelerator Model with an Agent-Based Financial Market," Bank of Russia Working Paper Series wps35, Bank of Russia.
    10. Ting Lan, 2019. "Intrinsic bubbles and Granger causality in the Hong Kong residential property market," Frontiers of Business Research in China, Springer, vol. 13(1), pages 1-15, December.
    11. Chan, Ying Tung & Ji, Qiang & Zhang, Dayong, 2024. "Optimal monetary policy responses to carbon and green bubbles:A two-sector DSGE analysis," Energy Economics, Elsevier, vol. 130(C).
    12. Woon Gyu Choi & Mr. David Cook, 2018. "Policy Conflicts and Inflation Targeting: The Role of Credit Markets," IMF Working Papers 2018/072, International Monetary Fund.

  6. Gadi Barlevy & Derek Neal, 2016. "Allocating Effort and Talent in Professional Labor Markets," Working Paper Series WP-2016-3, Federal Reserve Bank of Chicago.

    Cited by:

    1. Alexander Bick & Adam Blandin & Richard Rogerson, 2019. "Hours and Wages," 2019 Meeting Papers 261, Society for Economic Dynamics.
    2. Fudenberg, Drew & Georgiadis, George & Rayo, Luis, 2021. "Working to learn," Journal of Economic Theory, Elsevier, vol. 197(C).
    3. Radoslawa Nikolowa & Daniel Ferreira, 2018. "How to Sell Jobs," Working Papers 846, Queen Mary University of London, School of Economics and Finance.
    4. Karin Mayr‐Dorn, 2023. "Adverse Selection, Learning, And Competitive Search," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 64(1), pages 129-153, February.
    5. Michael Dinerstein & Isaac M. Opper, 2022. "Screening with Multitasking," CESifo Working Paper Series 9869, CESifo.
    6. Ferreira, Daniel & Nikolowa, Radoslawa, 2024. "Prestige, promotion, and pay," LSE Research Online Documents on Economics 118369, London School of Economics and Political Science, LSE Library.
    7. Dana Foarta & Takuo Sugaya, 2021. "The management of talent: Optimal contracting for selection and incentives," RAND Journal of Economics, RAND Corporation, vol. 52(1), pages 49-77, March.
    8. Daniel Ferreira & Radoslawa Nikolowa, 2024. "Prestige, Promotion, and Pay," Journal of Finance, American Finance Association, vol. 79(1), pages 505-540, February.

  7. Fernando Alvarez & Gadi Barlevy, 2014. "Mandatory Disclosure and Financial Contagion," Working Paper Series WP-2014-4, Federal Reserve Bank of Chicago.

    Cited by:

    1. Jungherr, Joachim, 2016. "Bank opacity and financial crises," Economics Working Papers ADE2016/02, European University Institute.
    2. Jungherr, Joachim, 2018. "Bank opacity and financial crises," Journal of Banking & Finance, Elsevier, vol. 97(C), pages 157-176.
    3. Weill, Pierre-Olivier & Hugonnier, Julien & Lester, Benjamin, 2020. "Heterogeneity in Decentralized Asset Markets," CEPR Discussion Papers 14274, C.E.P.R. Discussion Papers.
    4. Itay Goldstein & Yaron Leitner, 2015. "Stress tests and information disclosure," Working Papers 15-10, Federal Reserve Bank of Philadelphia.
    5. Matthew O. Jackson & Agathe Pernoud, 2020. "Systemic Risk in Financial Networks: A Survey," Papers 2012.12702, arXiv.org.
    6. João Granja, 2018. "Disclosure Regulation in the Commercial Banking Industry: Lessons from the National Banking Era," Journal of Accounting Research, Wiley Blackwell, vol. 56(1), pages 173-216, March.
    7. Luca Guerrieri & Michele Modugno, 2021. "The Information Content of Stress Test Announcements," Finance and Economics Discussion Series 2021-012, Board of Governors of the Federal Reserve System (U.S.).
    8. Julien Hugonnier & Benjamin R. Lester & Pierre-Olivier Weill, 2018. "Frictional Intermediation in Over-the-Counter Markets," Swiss Finance Institute Research Paper Series 18-52, Swiss Finance Institute.
    9. Ryuichiro Izumi, 2021. "Opacity: Insurance and Fragility," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 40, pages 146-169, April.
    10. Goncharenko, Roman & Hledik, Juraj & Pinto, Roberto, 2018. "The dark side of stress tests: Negative effects of information disclosure," Journal of Financial Stability, Elsevier, vol. 37(C), pages 49-59.
    11. Roukny, Tarik & Battiston, Stefano & Stiglitz, Joseph E., 2018. "Interconnectedness as a source of uncertainty in systemic risk," Journal of Financial Stability, Elsevier, vol. 35(C), pages 93-106.
    12. Marcelo Fernandes & Ms. Deniz O Igan & Marcelo Pinheiro, 2015. "March Madness in Wall Street: (What) Does the Market Learn from Stress Tests?," IMF Working Papers 2015/271, International Monetary Fund.
    13. Gary Gorton & Guillermo Ordoñez, 2020. "Fighting Crises with Secrecy," American Economic Journal: Macroeconomics, American Economic Association, vol. 12(4), pages 218-245, October.
    14. Philippon, Thomas & Martinez, Joseba & Faria e castro, Miguel, 2015. "Runs versus Lemons: Information Disclosure and Fiscal Capacity," CEPR Discussion Papers 10614, C.E.P.R. Discussion Papers.
    15. Elliott, M. & Georg, C-P. & Hazell, J., 2020. "Systemic Risk-Shifting in Financial Networks," Cambridge Working Papers in Economics 2068, Faculty of Economics, University of Cambridge.
    16. Janiga-Ćmiel Anna, 2016. "An Analysis of Conditional Dependencies of Covariance Matrices for Economic Processes in Selected EU Countries," Folia Oeconomica Stetinensia, Sciendo, vol. 16(2), pages 119-134, December.
    17. Isaac M. Sonin & Konstantin Sonin, 2020. "A Continuous-Time Model of Financial Clearing," Working Papers 2020-101, Becker Friedman Institute for Research In Economics.
    18. Ivan Marinovic & Martin Szydlowski, 2019. "Monitor Reputation and Transparency," 2019 Meeting Papers 125, Society for Economic Dynamics.
    19. Donna, Javier D. & Schenone, Pablo & Veramendi, Gregory F., 2020. "Networks, frictions, and price dispersion," Munich Reprints in Economics 84735, University of Munich, Department of Economics.
    20. Parlatore, Cecilia, 2024. "Transparency and bank runs," Journal of Financial Intermediation, Elsevier, vol. 60(C).
    21. Antonio Cabrales & Piero Gottardo & Fernando Vega-Redondo, 2013. "Risk-Sharing and Contagion in Networks," Economics Working Papers ECO2013/01, European University Institute.
    22. Ana Babus & Maryam Farboodi, 2020. "The Hidden Costs of Strategic Opacity," NBER Working Papers 27471, National Bureau of Economic Research, Inc.
    23. Inostroza, Nicolas A. & Pavan, Alessandro, 0. "Adversarial coordination and public information design," Theoretical Economics, Econometric Society.
    24. Giuseppe C. Calafiore & Giulia Fracastoro & Anton V. Proskurnikov, 2022. "Clearing Payments in Dynamic Financial Networks," Papers 2201.12898, arXiv.org, revised May 2022.
    25. Elliott, Matthew & Georg, Co-Pierre & Hazell, Jonathon, 2021. "Systemic risk shifting in financial networks," Journal of Economic Theory, Elsevier, vol. 191(C).
    26. Lopomo Beteto Wegner, Danilo, 2020. "Liquidity policies and financial fragility," International Review of Economics & Finance, Elsevier, vol. 70(C), pages 135-153.
    27. Goldstein, Itay & Leitner, Yaron, 2018. "Stress tests and information disclosure," Journal of Economic Theory, Elsevier, vol. 177(C), pages 34-69.
    28. Arun G. Chandrasekhar & Robert Townsend & Juan Pablo Xandri, 2018. "Financial Centrality and Liquidity Provision," NBER Working Papers 24406, National Bureau of Economic Research, Inc.
    29. Carré, Sylvain, 2022. "Disclosures, rollover risk, and debt runs," Journal of Banking & Finance, Elsevier, vol. 142(C).
    30. Eric Jondeau & Benoit Mojon & Cyril Monnet, 2021. "Greening (runnable) brown assets with a liquidity backstop," BIS Working Papers 929, Bank for International Settlements.
    31. Roberto Robatto, 2019. "Online Appendix to "Systemic Banking Panics, Liquidity Risk, and Monetary Policy"," Online Appendices 18-235, Review of Economic Dynamics.
    32. Maćkowiak, Bartosz & Wiederholt, Mirko, 2015. "Inattention to rare events," Working Paper Series 1841, European Central Bank.
    33. Elliott, Matthew & Georg, Co-Pierre & Hazell, Jonathon, 2021. "Systemic risk shifting in financial networks," LSE Research Online Documents on Economics 123924, London School of Economics and Political Science, LSE Library.
    34. Ramírez, Carlos, 2020. "Regulating financial networks under uncertainty," ESRB Working Paper Series 107, European Systemic Risk Board.
    35. Pavan, Alessandro & Vives, Xavier, 2015. "Information, Coordination, and Market Frictions: An Introduction," Journal of Economic Theory, Elsevier, vol. 158(PB), pages 407-426.
    36. Paul Glasserman & Peyton Young, 2015. "Contagion in Financial Networks," Economics Series Working Papers 764, University of Oxford, Department of Economics.
    37. Dmitry Orlov & Andy Skrzypacz & Pavel Zryumov, 2018. "Design of Macro-prudential Stress Tests," 2018 Meeting Papers 913, Society for Economic Dynamics.
    38. Pacicco, Fausto & Vena, Luigi & Venegoni, Andrea, 2020. "Communication and financial supervision: How does disclosure affect market stability?," Journal of Empirical Finance, Elsevier, vol. 57(C), pages 1-15.
    39. Hervé Alexandre & François Guillemin & Catherine Refait-Alexandre, 2015. "Downgrades of sovereign credit ratings and impact on banks CDS spread: does disclosure by banks improve stability?," Post-Print hal-01622782, HAL.
    40. Paul Glasserman & H. Peyton Young, 2015. "Contagion in Financial Networks," Working Papers 15-21, Office of Financial Research, US Department of the Treasury.
    41. Trigilia, Giulio, 2016. "Optimal Leverage and Strategic Disclosure," CRETA Online Discussion Paper Series 18, Centre for Research in Economic Theory and its Applications CRETA.
    42. Arun Chandrasekhar & Robert Townsend & Juan Pablo Pablo Xandri, 2019. "Financial Centrality and the Value of Key Players," Working Papers 2019-26, Princeton University. Economics Department..
    43. Fausto Pacicco & Luigi Vena & Andrea Venegoni, 2017. "Full disclosure and financial stability: how does the market digest the transparency shock?," LIUC Papers in Economics 305, Cattaneo University (LIUC).
    44. Jiajia, Liu & Kun, Guo & Fangcheng, Tang & Yahan, Wang & Shouyang, Wang, 2023. "The effect of the disposal of non-performing loans on interbank liquidity risk in China: A cash flow network-based analysis," The Quarterly Review of Economics and Finance, Elsevier, vol. 89(C), pages 105-119.
    45. Enrico Perotti & Magdalena Rola-Janicka, 2022. "The Good, the Bad, and the Missed Boom," The Review of Financial Studies, Society for Financial Studies, vol. 35(11), pages 5025-5056.
    46. Trigilia, Giulio, 2016. "Optimal Leverage and Strategic Disclosure," Economic Research Papers 269584, University of Warwick - Department of Economics.
    47. Trigilia, Giulio, 2016. "Optimal Leverage and Strategic Disclosure," The Warwick Economics Research Paper Series (TWERPS) 1111, University of Warwick, Department of Economics.
    48. Paul Glasserman & H. Peyton Young, 2016. "Contagion in Financial Networks," Journal of Economic Literature, American Economic Association, vol. 54(3), pages 779-831, September.

  8. Gadi Barlevy & H. N. Nagaraja, 2013. "Properties of the vacancy statistic in the discrete circle covering problem," Working Paper Series WP-2013-05, Federal Reserve Bank of Chicago.

    Cited by:

    1. Fernando Alvarez & Gadi Barlevy, 2015. "Mandatory Disclosure and Financial Contagion," NBER Working Papers 21328, National Bureau of Economic Research, Inc.

  9. Gadi Barlevy & Jonas D. M. Fisher, 2010. "Mortgage choices and housing speculation," Working Paper Series WP-2010-12, Federal Reserve Bank of Chicago.

    Cited by:

    1. Gadi Barlevy, 2011. "A leverage-based model of speculative bubbles," Working Paper Series WP-2011-07, Federal Reserve Bank of Chicago.
    2. Itzhak Ben‐David, 2019. "High Leverage and Willingness to Pay: Evidence from the Residential Housing Market," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 47(3), pages 643-684, September.
    3. Gene Amromin & Jennifer Huang & Clemens Sialm & Edward Zhong, 2018. "Complex Mortgages [Why don’t lenders renegotiate more home mortgages? Redefaults, self-cures, and securitization]," Review of Finance, European Finance Association, vol. 22(6), pages 1975-2007.
    4. Jan K. Brueckner & Paul S. Calem & Leonard I. Nakamura, 2013. "House-price expectations, alternative mortgage products, and default," Working Papers 13-36, Federal Reserve Bank of Philadelphia.
    5. Umit G. Gurun & Gregor Matvos & Amit Seru, 2013. "Advertising Expensive Mortgages," NBER Working Papers 18910, National Bureau of Economic Research, Inc.
    6. Craig Burnside & Martin Eichenbaum & Sergio Rebelo, 2011. "Understanding Booms and Busts in Housing Markets," NBER Working Papers 16734, National Bureau of Economic Research, Inc.
    7. Andreas Fuster & Paul S. Willen, 2012. "Payment size, negative equity, and mortgage default," Public Policy Discussion Paper 12-10, Federal Reserve Bank of Boston.
    8. Marco Di Maggio & Amir Kermani & Sanket Korgaonkar, 2019. "Partial Deregulation and Competition: Effects on Risky Mortgage Origination," Management Science, INFORMS, vol. 65(10), pages 4676-4711, October.
    9. Jack Favilukis & David Kohn & Sydney C. Ludvigson & Stijn Van Nieuwerburgh, 2012. "International Capital Flows and House Prices: Theory and Evidence," NBER Chapters, in: Housing and the Financial Crisis, pages 235-299, National Bureau of Economic Research, Inc.
    10. Antonio Doblas-Madrid & Kevin J. Lansing, 2016. "Credit-fuelled bubbles," Working Paper Series 2016-2, Federal Reserve Bank of San Francisco.
    11. Landier, Augustin & Sraer, David & Thesmar, David, 2010. "Going for broke: New Century Financial Corporation, 2004-2006," IDEI Working Papers 649, Institut d'Économie Industrielle (IDEI), Toulouse.
    12. Andra Ghent, 2015. "Home Ownership, Household Leverage and Hyperbolic Discounting," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 43(3), pages 750-781, September.
    13. Leonard I. Nakamura, 2014. "Brewing bubbles: how mortgage practices intensify housing booms," Business Review, Federal Reserve Bank of Philadelphia, issue 1, pages 16-24.
    14. Aditya Aladangady, 2014. "Homeowner Balance Sheets and Monetary Policy," Finance and Economics Discussion Series 2014-98, Board of Governors of the Federal Reserve System (U.S.).
    15. Todd M. Sinai, 2012. "House Price Moments in Boom-Bust Cycles," NBER Working Papers 18059, National Bureau of Economic Research, Inc.
    16. Rose, Jonathan, 2021. "Short-term residential mortgage contracts in American economic history," Explorations in Economic History, Elsevier, vol. 79(C).
    17. Benjamin J. Keys & Tomasz Piskorski & Amit Seru & Vikrant Vig, 2012. "Mortgage Financing in the Housing Boom and Bust," NBER Chapters, in: Housing and the Financial Crisis, pages 143-204, National Bureau of Economic Research, Inc.
    18. Giovanni Dell'Ariccia, 2012. "Property Prices and Bank Risk-taking," RBA Annual Conference Volume (Discontinued), in: Alexandra Heath & Frank Packer & Callan Windsor (ed.),Property Markets and Financial Stability, Reserve Bank of Australia.
    19. Passmore, Stuart Wayne & von Hafften, Alexander H., 2020. "Financing affordable and sustainable homeownership with Fixed-COFI mortgages," Regional Science and Urban Economics, Elsevier, vol. 80(C).
    20. Carlos Garriga & Aaron Hedlund, 2019. "Crises in the Housing Market: Causes, Consequences, and Policy Lessons," Working Papers 2019-33, Federal Reserve Bank of St. Louis.

  10. Gadi Barlevy, 2010. "Robustness and macroeconomic policy," Working Paper Series WP-2010-04, Federal Reserve Bank of Chicago.

    Cited by:

    1. Karantounias, Anastasios G., 2023. "Doubts about the model and optimal policy," Journal of Economic Theory, Elsevier, vol. 210(C).
    2. Francois Gourio & Jonas Fisher, 2015. "Risk Management for Monetary Policy at the Zero Lower Bound," 2015 Meeting Papers 665, Society for Economic Dynamics.
    3. Charles F. Manski, 2012. "Choosing Size of Government Under Ambiguity: Infrastructure Spending and Income Taxation," NBER Working Papers 18204, National Bureau of Economic Research, Inc.
    4. Li, Lin & Du, Le, 2024. "Impact of natural resources, financial innovation, and policy robustness on economic growth: A study of China and India," Resources Policy, Elsevier, vol. 93(C).
    5. Lahcen Bounader & Guido Traficante, 2022. "Robustly optimal monetary policy in a behavioral environment," Working Papers 2022.01, International Network for Economic Research - INFER.
    6. Lensman, Todd & Troshkin, Maxim, 2022. "Implications of uncertainty for optimal policies," Journal of Economic Theory, Elsevier, vol. 199(C).
    7. Cosmin L. Ilut & Martin Schneider, 2022. "Modeling Uncertainty as Ambiguity: a Review," NBER Working Papers 29915, National Bureau of Economic Research, Inc.
    8. Charles L. Evans & Jonas D. M. Fisher & François Gourio & Spencer D. Krane, 2015. "Risk Management for Monetary Policy Near the Zero Lower Bound," Working Paper Series WP-2015-3, Federal Reserve Bank of Chicago.
    9. Crowley, Patrick M. & Hudgins, David, 2015. "Fiscal policy tracking design in the time–frequency domain using wavelet analysis," Economic Modelling, Elsevier, vol. 51(C), pages 502-514.
    10. Mariusz Górajski, 2018. "Robust Monetary Policy in a Model of the Polish Economy: Is the Uncertainty Responsible for the Interest Rate Smoothing Effect?," Computational Economics, Springer;Society for Computational Economics, vol. 52(2), pages 313-340, August.
    11. Mariusz Gorajski, 2016. "Robust monetary policy in a linear model of the polish economy: is the uncertainty in the model responsible for the interest rate smoothing effect?," Lodz Economics Working Papers 1/2016, University of Lodz, Faculty of Economics and Sociology.
    12. David Hudgins & Patrick M. Crowley, 2019. "Stress-Testing U.S. Macroeconomic Policy: A Computational Approach Using Stochastic and Robust Designs in a Wavelet-Based Optimal Control Framework," Computational Economics, Springer;Society for Computational Economics, vol. 53(4), pages 1509-1546, April.
    13. Matteo Cacciatore & Dmitry Matveev & Rodrigo Sekkel, 2022. "Uncertainty and Monetary Policy Experimentation: Empirical Challenges and Insights from Academic Literature," Discussion Papers 2022-9, Bank of Canada.
    14. Kohei Hasui, 2021. "How robustness can change the desirability of speed limit policy," Scottish Journal of Political Economy, Scottish Economic Society, vol. 68(5), pages 553-570, November.
    15. David Hudgins & Patrick M. Crowley, 2023. "Resilient Control for Macroeconomic Models," Computational Economics, Springer;Society for Computational Economics, vol. 61(4), pages 1403-1431, April.
    16. Manuel Ramos-Francia and Santiago García-Verdú, 2017. "On the relationship between macroprudential policy and other policies," BIS Papers chapters, in: Bank for International Settlements (ed.), Macroprudential policy frameworks, implementation and relationships with other policies, volume 94, pages 239-255, Bank for International Settlements.
    17. Hasui Kohei, 2021. "Trend Growth and Robust Monetary Policy," The B.E. Journal of Macroeconomics, De Gruyter, vol. 21(2), pages 449-472, June.

  11. Gadi Barlevy & Derek Neal, 2009. "Pay for percentile," Working Paper Series WP-09-09, Federal Reserve Bank of Chicago.

    Cited by:

    1. Murphy, Richard, & Weinhardt, Felix, 2019. "Top of the Class: The Importance of Ordinal Rank," Rationality and Competition Discussion Paper Series 194, CRC TRR 190 Rationality and Competition.
    2. Scott A. Imberman, 2015. "How effective are financial incentives for teachers?," IZA World of Labor, Institute of Labor Economics (IZA), pages 158-158, June.
    3. Daniel O. Gilligan & Naureen Karachiwalla & Ibrahim Kasirye & Adrienne M. Lucas & Derek Neal, 2018. "Educator Incentives and Educational Triage in Rural Primary Schools," NBER Working Papers 24911, National Bureau of Economic Research, Inc.
    4. Elizabeth Davidson & Randall Reback & Jonah E. Rockoff & Heather L. Schwartz, 2013. "Fifty Ways to Leave a Child Behind: Idiosyncrasies and Discrepancies in States' Implementation of NCLB," NBER Working Papers 18988, National Bureau of Economic Research, Inc.
    5. Mehta, Nirav, 2018. "The potential output gains from using optimal teacher incentives: An illustrative calibration of a hidden action model," Economics of Education Review, Elsevier, vol. 66(C), pages 67-72.
    6. Erwin Ooghe & Erik Schokkaert, 2016. "School accountability: can we reward schools and avoid pupil selection?," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 46(2), pages 359-387, February.
    7. Karachiwalla, Naureen & Park, Albert, 2017. "Promotion Incentives in the Public Sector: Evidence from Chinese Schools," IZA Discussion Papers 10547, Institute of Labor Economics (IZA).
    8. Jere R. Behrman & Susan W. Parker & Petra E. Todd & Kenneth I. Wolpin, 2015. "Aligning Learning Incentives of Students and Teachers: Results from a Social Experiment in Mexican High Schools," Journal of Political Economy, University of Chicago Press, vol. 123(2), pages 325-364.
    9. Nirav Mehta, 2017. "Measuring Quality for Use in Incentive Schemes: The Case of "Shrinkage" Estimators," University of Western Ontario, Centre for Human Capital and Productivity (CHCP) Working Papers 201725, University of Western Ontario, Centre for Human Capital and Productivity (CHCP).
    10. Raj Chetty & John N. Friedman & Jonah E. Rockoff, 2011. "The Long-Term Impacts of Teachers: Teacher Value-Added and Student Outcomes in Adulthood," NBER Working Papers 17699, National Bureau of Economic Research, Inc.
    11. Koedel, Cory & Mihaly, Kata & Rockoff, Jonah E., 2015. "Value-added modeling: A review," Economics of Education Review, Elsevier, vol. 47(C), pages 180-195.
    12. Cory Koedel & Jiaxi Li, 2016. "The Efficiency Implications Of Using Proportional Evaluations To Shape The Teaching Workforce," Contemporary Economic Policy, Western Economic Association International, vol. 34(1), pages 47-62, January.
    13. Filmer,Deon P. & Habyarimana,James Paul & Sabarwal,Shwetlena, 2020. "Teacher Performance-Based Incentives and Learning Inequality," Policy Research Working Paper Series 9382, The World Bank.
    14. Derek Neal & Joseph Root, 2024. "The Provision of Information and Incentives in School Assignment Mechanisms," NBER Chapters, in: New Directions in Market Design, National Bureau of Economic Research, Inc.
    15. Frederiksen, Anders & Lange, Fabian & Kriechel, Ben, 2017. "Subjective performance evaluations and employee careers," Journal of Economic Behavior & Organization, Elsevier, vol. 134(C), pages 408-429.
    16. Leaver,Clare & Ozier,Owen & Serneels,Pieter Maria & Zeitlin,Andrew, 2020. "Recruitment, Effort, and Retention Effects of Performance Contracts for Civil Servants : Experimental Evidence from Rwandan Primary Schools," Policy Research Working Paper Series 9395, The World Bank.
    17. Nirav Mehta, 2017. "Targeting the Wrong Teachers? Linking Measurement with Theory to Evaluate Teacher Incentive Schemes," University of Western Ontario, Centre for Human Capital and Productivity (CHCP) Working Papers 20171, University of Western Ontario, Centre for Human Capital and Productivity (CHCP).
    18. Chang, Fang & Wang, Huan & Qu, Yaqiong & Zheng, Qiang & Loyalka, Prashant & Sylvia, Sean & Shi, Yaojiang & Dill, Sarah-Eve & Rozelle, Scott, 2020. "The impact of pay-for-percentile incentive on low-achieving students in rural China," Economics of Education Review, Elsevier, vol. 75(C).
    19. Leaver, Clare & Ozier, Owen & Serneels, Pieter & Zeitlin, Andrew, 2020. "Recruitment, Effort, and Retention Effects of Performance Contracts for Civil Servants: Experimental Evidence from Rwandan Prim," CEPR Discussion Papers 15333, C.E.P.R. Discussion Papers.
    20. Rothstein, J & Jacob, B, 2023. "The Measurement of Student Ability in Modern Assesmsent Systems," Department of Economics, Working Paper Series qt3qr8t803, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
    21. Cory Koedel & Rebecca Leatherman & Eric Parsons, 2012. "Test Measurement Error and Inference from Value-Added Models," Working Papers 1201, Department of Economics, University of Missouri.
    22. Weerachart T. Kilenthong & Gabriel A. Madeira, 2017. "Observability and endogenous organizations," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 63(3), pages 587-619, March.
    23. Vegas, E & Ganimian, A. J., 2013. "Theory and Evidence on Teacher Policies in Developed and Developing Countries," Working Paper 104291, Harvard University OpenScholar.
    24. Audra J. Bowlus & Eda Bozkurt & Lance Lochner, 2017. "Wages and Employment: The Canonical Model Revisited," University of Western Ontario, Centre for Human Capital and Productivity (CHCP) Working Papers 20179, University of Western Ontario, Centre for Human Capital and Productivity (CHCP).
    25. Cory Koedel & Mark Ehlert & Eric Parsons & Michael Podgursky, 2012. "Selecting Growth Measures for School and Teacher Evaluations," Working Papers 1210, Department of Economics, University of Missouri.
    26. Hasnain, Zahid & Manning, Nick & Pierskalla Henryk, 2012. "Performance-related pay in the public sector : a review of theory and evidence," Policy Research Working Paper Series 6043, The World Bank.
    27. Isaac Mbiti & Mauricio Romero & Youdi Schipper, 2019. "Designing Effective Teacher Performance Pay Programs: Experimental Evidence from Tanzania," NBER Working Papers 25903, National Bureau of Economic Research, Inc.
    28. Derek Neal, 2011. "The Design of Performance Pay in Education," NBER Working Papers 16710, National Bureau of Economic Research, Inc.
    29. Karthik Muralidharan & Venkatesh Sundararaman, 2009. "Teacher Performance Pay: Experimental Evidence from India," NBER Working Papers 15323, National Bureau of Economic Research, Inc.
    30. Christian Ewerhart & Marco Serena, 2023. "On the (im-)possibility of representing probability distributions as a difference of i.i.d. noise terms," ECON - Working Papers 428, Department of Economics - University of Zurich, revised Oct 2023.
    31. Martins, Pedro S. & Ferreira, João R., 2024. "Effects of Individual Incentive Reforms in the Public Sector: The Case of Teachers," GLO Discussion Paper Series 1441, Global Labor Organization (GLO).
    32. Roland G. Fryer, Jr & Steven D. Levitt & John List & Sally Sadoff, 2012. "Enhancing the Efficacy of Teacher Incentives through Loss Aversion: A Field Experiment," NBER Working Papers 18237, National Bureau of Economic Research, Inc.
    33. Yeşilırmak, Muharrem, 2019. "Bonus pay for teachers, spatial sorting, and student achievement," European Journal of Political Economy, Elsevier, vol. 59(C), pages 129-158.
    34. Martins, Pedro S., 2010. "Individual teacher incentives, student achievement and grade inflation," LSE Research Online Documents on Economics 28285, London School of Economics and Political Science, LSE Library.
    35. Guarino, Cassandra M. & Reckase, Mark D. & Stacy, Brian & Wooldridge, Jeffrey M., 2014. "A Comparison of Growth Percentile and Value-Added Models of Teacher Performance," IZA Discussion Papers 7973, Institute of Labor Economics (IZA).
    36. Gjefsen, Hege Marie & Gunnes, Trude, 2016. "The effects of School Accountability on Teacher Mobility and Teacher Sorting," MPRA Paper 69664, University Library of Munich, Germany.
    37. Nirav Mehta, 2014. "Targeting the Wrong Teachers: Estimating Teacher Quality for Use in Accountability Regimes," University of Western Ontario, Centre for Human Capital and Productivity (CHCP) Working Papers 20143, University of Western Ontario, Centre for Human Capital and Productivity (CHCP).
    38. Pauline Givord & Milena Suarez, 2020. "Excellence for all ? Heterogeneity in high-schools' value-added," SciencePo Working papers Main hal-03389176, HAL.
    39. Diane Whitmore Schanzenbach, 2015. "Current themes in education policy in the United States," Chapters, in: John Karl Scholz & Hyungypo Moon & Sang-Hyup Lee (ed.), Social Policies in an Age of Austerity, chapter 7, pages 165-180, Edward Elgar Publishing.
    40. Weerachart Kilenthong, 2015. "Observability and Endogenous Organizations," PIER Discussion Papers 13, Puey Ungphakorn Institute for Economic Research.
    41. Sarah R. Cohodes, 2016. "Teaching to the Student: Charter School Effectiveness in Spite of Perverse Incentives," Education Finance and Policy, MIT Press, vol. 11(1), pages 1-42, Winter.
    42. Hege Marie Gjefsen & Trude Gunnes, 2015. "School accountability Incentives or sorting?," Discussion Papers 815, Statistics Norway, Research Department.
    43. J. Oriol Escardíbul & Simon Burgess & Oscar D. Marcenaro Gutiérrez & Helen F. Ladd & Lucy Sorensen, 2017. "Effects of teacher quality on student achievement / Impacto de la calidad del profesorado en el rendimiento académico de los estudiantes / Impacte de la qualitat del professorat en el rendiment acadèm," IEB Reports ieb_report_2_2017, Institut d'Economia de Barcelona (IEB).

  12. Gadi Barlevy, 2008. "A leverage-based model of speculative bubbles," Working Paper Series WP-08-01, Federal Reserve Bank of Chicago.

    Cited by:

    1. Simon Dubecq & Benoît Mojon & Xavier Ragot, 2015. "Risk Shifting with Fuzzy Capital Constraints," PSE-Ecole d'économie de Paris (Postprint) halshs-01157527, HAL.
    2. Toan Phan & Andrew Hanson & Siddhartha Biswas, 2018. "Bubbly Recessions," 2018 Meeting Papers 440, Society for Economic Dynamics.
    3. Zeno Enders & Hendrik Hakenes, 2021. "Market Depth, Leverage, and Speculative Bubbles," Journal of the European Economic Association, European Economic Association, vol. 19(5), pages 2577-2621.
    4. Stijn Claessens & M Ayhan Kose, 2018. "Frontiers of macrofinancial linkages," BIS Papers, Bank for International Settlements, number 95.
    5. Eijffinger, Sylvester & Blommestein, Hans J. & Qian, Zongxin, 2011. "A Dynamic General Equilibrium Analysis of Monetary Policy Rules, Adverse Selection and Long-Run Financial Risk," CEPR Discussion Papers 8652, C.E.P.R. Discussion Papers.
    6. Lawrence Christiano & Cosmin L. Ilut & Roberto Motto & Massimo Rostagno, 2010. "Monetary Policy and Stock Market Booms," NBER Working Papers 16402, National Bureau of Economic Research, Inc.
    7. Benjamin Eden, 2019. "Real interest policy and the housing cycle," Vanderbilt University Department of Economics Working Papers 19-00002, Vanderbilt University Department of Economics.
    8. Blommestein, H.J. & Eijffinger, S.C.W. & Qian, Z., 2011. "Monetary Policy Rules, Adverse Selection and Long-Run Financial Risk," Other publications TiSEM bcca3e0f-483b-4464-ba61-f, Tilburg University, School of Economics and Management.
    9. Lubos Komarek & Ivana Kubicová, 2011. "The Classification and Identification of Asset Price Bubbles," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 61(1), pages 34-48, January.
    10. Gadi Barlevy & Jonas Fisher, 2021. "Why were interest only mortgages so population during U.S. housing boom?," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 41, pages 205-224, July.
    11. Julien BENGUI & Toan PHAN, 2018. "Asset Pledgeability and Endogenously Leveraged Bubbles," Cahiers de recherche 07-2018, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
    12. Dow, James & Han, Jungsuk, 2015. "Contractual incompleteness, limited liability and asset price bubbles," Journal of Financial Economics, Elsevier, vol. 116(2), pages 383-409.
    13. Edouard Challe & Xavier Ragot, 2007. "Bubbles and self-fulfilling crises," PSE Working Papers halshs-00590568, HAL.
    14. Liu, Feng & Conlon, John R., 2018. "The simplest rational greater-fool bubble model," Journal of Economic Theory, Elsevier, vol. 175(C), pages 38-57.
    15. Feng Liu & Joseph S. White & John R. Conlon, 2023. "A Three‐State Rational Greater‐Fool Bubble Model With Intertemporal Consumption Smoothing," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 64(4), pages 1565-1594, November.
    16. Kukushkin, Nikolai S., 2015. "Robert Louis Stevenson's Bottle Imp: A strategic analysis," MPRA Paper 64639, University Library of Munich, Germany.
    17. Stefano Giglio & Tiago Severo, 2011. "Intangible Capital, Relative Asset Shortages and Bubbles," Levine's Working Paper Archive 786969000000000121, David K. Levine.
    18. Acharya, Viral & Naqvi, Hassan, 2012. "The Seeds of a Crisis: A Theory of Bank Liquidity and Risk-Taking over the Business Cycle," CEPR Discussion Papers 8851, C.E.P.R. Discussion Papers.
    19. Tomohiro HIRANO & Alexis Akira Toda, 2024. "Housing Bubbles with Phase Transitions," CIGS Working Paper Series 24-009E, The Canon Institute for Global Studies.
    20. Azmat, Saad & Azad, A.S.M. Sohel & Ghaffar, Hamza & Hayat, Aziz & Chazi, Abdelaziz, 2020. "Conventional vs Islamic banking and macroeconomic risk: Impact on asset price bubbles," Pacific-Basin Finance Journal, Elsevier, vol. 62(C).
    21. Franklin Allen & Douglas Gale & Gadi Barlevy, 2019. "Asset Price Booms and Macroeconomic Policy: a Risk-Shifting Approach," 2019 Meeting Papers 587, Society for Economic Dynamics.
    22. Blommestein, H.J. & Eijffinger, S.C.W. & Qian, Z., 2011. "Monetary Policy Rules, Adverse Selection and Long-Run Financial Risk," Discussion Paper 2011-121, Tilburg University, Center for Economic Research.
    23. Ali Yavuz Polat, 2018. "Subprime Mortgages And Lending Bubbles," Bulletin of Monetary Economics and Banking, Bank Indonesia, vol. 21(2), pages 191-216, October.
    24. Gadi Barlevy, 2015. "Bubbles and Fools," Economic Perspectives, Federal Reserve Bank of Chicago, issue Q II.
    25. Mathieu Boullot, 2017. "Secular Stagnation, Liquidity Trap and Rational Asset Price Bubbles," Working Papers halshs-01295012, HAL.
    26. Stephen F. LeRoy & Rish Singhania, 2020. "Deposit insurance and the coexistence of commercial and shadow banks," Annals of Finance, Springer, vol. 16(2), pages 159-194, June.
    27. Schaal, Edouard & Taschereau-Dumouchel, Mathieu, 2021. "Herding Through Booms and Busts," CEPR Discussion Papers 16368, C.E.P.R. Discussion Papers.
    28. Keiichiro Kobayashi, 2019. "Growing and collapsing bubbles," CIGS Working Paper Series 19-004E, The Canon Institute for Global Studies.
    29. Antonio Doblas-Madrid & Kevin J. Lansing, 2016. "Credit-fuelled bubbles," Working Paper Series 2016-2, Federal Reserve Bank of San Francisco.
    30. Graczyk, Andrew & Phan, Toan, 2021. "Regressive Welfare Effects Of Housing Bubbles," Macroeconomic Dynamics, Cambridge University Press, vol. 25(8), pages 2102-2127, December.
    31. Wang, Lei & Li, Shouwei & Wang, Jining & Meng, Yi, 2020. "Real estate bubbles in a bank-real estate loan network model integrating economic cycle and macro-prudential stress testing," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 542(C).
    32. Doblas-Madrid, Antonio, 2016. "A finite model of riding bubbles," Journal of Mathematical Economics, Elsevier, vol. 65(C), pages 154-162.
    33. Laura Bakkensen & Toan Phan & Russell Wong, 2023. "Leveraging the Disagreement on Climate Change: Theory and Evidence," Working Paper 23-01, Federal Reserve Bank of Richmond.
    34. Blommestein, H.J. & Eijffinger, S.C.W. & Qian, Z., 2011. "Monetary Policy Rules, Adverse Selection and Long-Run Financial Risk," Other publications TiSEM 000354fa-9dcf-477e-9e6e-6, Tilburg University, School of Economics and Management.
    35. Dong, Feng & Xu, Zhiwei, 2022. "Bubbly bailout," Journal of Economic Theory, Elsevier, vol. 202(C).
    36. Ms. Thornton Matheson, 2011. "Taxing Financial Transactions: Issues and Evidence," IMF Working Papers 2011/054, International Monetary Fund.
    37. Tomohiro Hirano & Alexis Akira Toda, 2024. "Rational Bubbles: A Clarification," Papers 2407.14017, arXiv.org.
    38. Pavlidis, Efthymios G. & Vasilopoulos, Kostas, 2020. "Speculative bubbles in segmented markets: Evidence from Chinese cross-listed stocks," Journal of International Money and Finance, Elsevier, vol. 109(C).
    39. Stefan Arping, 2015. "Banks and Market Liquidity," Tinbergen Institute Discussion Papers 15-020/IV, Tinbergen Institute.
    40. Theodore Bogusz & Theodore Bogusz, 2013. "Bubbles and Leverage: A Simple and Unified Approach," Working Paper Series WP-2013-21, Federal Reserve Bank of Chicago.
    41. Dubecq, S. & Mojon, B. & Ragot, X., 2009. "Fuzzy Capital Requirements, Risk-Shifting and the Risk Taking Channel of Monetary Policy," Working papers 254, Banque de France.
    42. Caraiani, Petre & Luik, Marc-André & Wesselbaum, Dennis, 2020. "Credit policy and asset price bubbles," Journal of Macroeconomics, Elsevier, vol. 65(C).
    43. Luik, Marc-André & Wesselbaum, Dennis, 2014. "Bubbles over the U.S. business cycle: A macroeconometric approach," Journal of Macroeconomics, Elsevier, vol. 40(C), pages 27-41.
    44. Gadi Barlevy, 2018. "Bridging Between Policymakers’ and Economists’ Views on Bubbles," Economic Perspectives, Federal Reserve Bank of Chicago, issue 4, pages 1-21.

  13. Gadi Barlevy & Pietro Veronesi, 2007. "Information acquisition in financial markets: a correction," Working Paper Series WP-07-06, Federal Reserve Bank of Chicago.

    Cited by:

    1. Kendall, Chad, 2018. "The time cost of information in financial markets," Journal of Economic Theory, Elsevier, vol. 176(C), pages 118-157.
    2. Niu, Zilong, 2013. "Relative Performance Concerns, Attention Allocation and Complementarities in Information Acquisition," MPRA Paper 51194, University Library of Munich, Germany, revised 02 Nov 2013.
    3. Manzano, Carolina & Vives, Xavier, 2010. "Public and private learning from prices, strategic substitutability and complementarity, and equilibrium multiplicity," Working Papers 2072/151544, Universitat Rovira i Virgili, Department of Economics.
    4. Junyong He & Helen Hui Huang & Shunming Zhang, 2020. "Ambiguity Aversion, Information Acquisition, and Market Opacity," Annals of Economics and Finance, Society for AEF, vol. 21(2), pages 263-329, November.
    5. Angeletos, G.-M. & Lian, C., 2016. "Incomplete Information in Macroeconomics," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 1065-1240, Elsevier.

  14. Gadi Barlevy & H. N. Nagaraja, 2006. "Identification of search models with initial condition problems," Working Paper Series WP-06-03, Federal Reserve Bank of Chicago.

    Cited by:

    1. Gadi Barlevy & H. N. Nagaraja, 2005. "Characterizations in a random record model with a non-identically distributed initial record," Working Paper Series WP-05-05, Federal Reserve Bank of Chicago.
    2. Andrew Shephard, 2017. "Equilibrium Search And Tax Credit Reform," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 58(4), pages 1047-1088, November.
    3. Xiaokun Wang & Kara M. Kockelman, 2009. "Baysian Inference For Ordered Response Data With A Dynamic Spatial‐Ordered Probit Model," Journal of Regional Science, Wiley Blackwell, vol. 49(5), pages 877-913, December.

  15. Gadi Barlevy & H. N. Nagaraja, 2005. "Characterizations in a random record model with a non-identically distributed initial record," Working Paper Series WP-05-05, Federal Reserve Bank of Chicago.

    Cited by:

    1. Gadi Barlevy & H. N. Nagaraja, 2006. "Identification of search models with initial condition problems," Working Paper Series WP-06-03, Federal Reserve Bank of Chicago.
    2. Gadi Barlevy & H. N. Nagaraja, 2010. "Estimating Mobility Rates in Search Models with Initial Condition Problems," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 13(4), pages 780-799, October.

  16. Gadi Barlevy, 2004. "The Cost of Business Cycles and the Benefits of Stabilization: A Survey," NBER Working Papers 10926, National Bureau of Economic Research, Inc.

    Cited by:

    1. Hans Gersbach & Jean-Charles Rochet & Martin Scheffel, 2019. "Financial Intermediation, Capital Accumulation and Crisis Recovery," Swiss Finance Institute Research Paper Series 19-62, Swiss Finance Institute.
    2. Olivier Coibion & Yuriy Gorodnichenko & Johannes F. Wieland, 2010. "The Optimal Inflation Rate in New Keynesian Models," NBER Working Papers 16093, National Bureau of Economic Research, Inc.
    3. Aghion, Philippe & Kharroubi, Enisse & Hémous, David, 2009. "Credit Constraints, Cyclical Fiscal Policy and Industry Growth," CEPR Discussion Papers 7359, C.E.P.R. Discussion Papers.
    4. António Afonso & Luca Agnello & Davide Furceri, 2010. "Fiscal policy responsiveness, persistence, and discretion," Public Choice, Springer, vol. 145(3), pages 503-530, December.
    5. Benjamin Eden, 2004. "Substitution and Risk Aversion: Is Risk Aversion Important for Understanding Asset Prices?," Vanderbilt University Department of Economics Working Papers 0422, Vanderbilt University Department of Economics.
    6. Fanelli, José María & Jiménez, Juan Pablo, 2009. "Crisis, volatility and fiscal policy in Latin America," Documentos de Proyectos 4167, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    7. William Spelman, 2006. "Growth, Stability, and the Urban Portfolio," Economic Development Quarterly, , vol. 20(4), pages 299-316, November.
    8. Fabio D'Orlando & Francesco Ferrante, 2008. "The Demand for Job Protection. Some Clues from Behavioural Economics," Working Papers 2008-04, Universita' di Cassino, Dipartimento di Economia e Giurisprudenza.
    9. Fischer, Carolyn & Springborn, Michael R., 2009. "Emissions Targets and the Real Business Cycle: Intensity Targets versus Caps or Taxes," RFF Working Paper Series dp-09-47, Resources for the Future.
    10. Gómez Sabaini, Juan Carlos & Jiménez, Juan Pablo, 2009. "El papel de la política tributaria frente a la crisis: límites y posibilidades," Documentos de Proyectos 4166, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    11. Eduardo Engel & Christopher Neilson & Rodrigo Valdés, 2013. "Chile’s Fiscal Rule as Social Insurance," Central Banking, Analysis, and Economic Policies Book Series, in: Luis Felipe Céspedes & Jordi Galí (ed.),Fiscal Policy and Macroeconomic Performance, edition 1, volume 17, chapter 10, pages 393-425, Central Bank of Chile.
    12. Andreas Brunhart, 2013. "Der Klein(st)staat Liechtenstein und seine grossen Nachbarländer: Eine wachstums- und konjunkturanalytische Gegenüberstellung," Arbeitspapiere 44, Liechtenstein-Institut.
    13. Arato, Hiroki, 2008. "Optimal operational monetary policy rules in an endogenous growth model: a calibrated analysis," MPRA Paper 8547, University Library of Munich, Germany.
    14. Michał Gradzewicz & Krzysztof Makarski, 2013. "The business cycle implications of the euro adoption in Poland," Applied Economics, Taylor & Francis Journals, vol. 45(17), pages 2443-2455, June.
    15. Syed Ammad & Sabihuddin Butt & Shaista Alam, 2012. "Fiscal Responsiveness, Persistence and Discretion: A Case Study of Pakistan," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 15(45), pages 227-244, September.
    16. Agnello, Luca & Sousa, Ricardo M., 2009. "The determinants of public deficit volatility," Working Paper Series 1042, European Central Bank.
    17. Kevin X.D. Huang & Zheng Liu & John Qi Zhu, 2015. "Temptation and Self‐Control: Some Evidence and Applications," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 47(4), pages 581-615, June.
    18. Wang, Peng-fei & Wen, Yi, 2011. "Volatility, growth, and welfare," Journal of Economic Dynamics and Control, Elsevier, vol. 35(10), pages 1696-1709, October.
    19. -, 2009. "Macroeconomic policies in times of crisis: options and perspectives," Documentos de Proyectos 3665, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    20. -, 2009. "Políticas macroeconómicas en tiempos de crisis: opciones y perspectivas," Documentos de Proyectos 3664, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    21. Zhiyong Dong & Qingyang Gu & Xiaoming Zhu, 2009. "Recursive Preference, Mood Fluctuation And Welfare Cost Of Reduced Growth," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 54(02), pages 263-281.
    22. Gómez Sabaini, Juan Carlos & Jiménez, Juan Pablo, 2009. "The role of tax policy in the context of the crisis: possibilities and limitations," Documentos de Proyectos 4169, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    23. Ahmed, Abdullahi D. & Suardi, Sandy, 2009. "Macroeconomic Volatility, Trade and Financial Liberalization in Africa," World Development, Elsevier, vol. 37(10), pages 1623-1636, October.
    24. van den Berg, Gerard J. & Paul, Alexander & Reinhold, Steffen, 2020. "Economic conditions and the health of newborns: Evidence from comprehensive register data," Labour Economics, Elsevier, vol. 63(C).
    25. Patrick Fracois & Huw Lloyd-Ellis, 2006. "Growth, Cycles And Welfare: A Schumpeterian Perspective," Working Paper 1090, Economics Department, Queen's University.
    26. Fanelli, José María & Jiménez, Juan Pablo, 2009. "Crisis, volatilidad y política fiscal en América Latina," Documentos de Proyectos 4165, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    27. Pengfei Wang & Yi Wen, 2007. "Endogenous volatility, endogenous growth, and large welfare gains from stabilization policies," Working Papers 2006-032, Federal Reserve Bank of St. Louis.
    28. Kacef, Osvaldo, 2009. "Crisis and public policies in Latin America and the Caribbean," Documentos de Proyectos 4168, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    29. Kacef, Osvaldo, 2009. "Crisis y políticas públicas en América Latina y el Caribe," Documentos de Proyectos 4164, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).

  17. Tsiddon, Daniel & Barlevy, Gadi, 2004. "Earnings Inequality and the Business Cycle," CEPR Discussion Papers 4451, C.E.P.R. Discussion Papers.

    Cited by:

    1. Bonhomme, Stephane & Hospido, Laura, 2012. "The Cycle of Earnings Inequality: Evidence from Spanish Social Security Data," IZA Discussion Papers 6669, Institute of Labor Economics (IZA).
    2. Michelle Alexopoulos & Jon Cohen, 2016. "The Medium Is the Measure: Technical Change and Employment, 1909—1949," The Review of Economics and Statistics, MIT Press, vol. 98(4), pages 792-810, October.
    3. Edmond, Chris & Veldkamp, Laura, 2009. "Income dispersion and counter-cyclical markups," Journal of Monetary Economics, Elsevier, vol. 56(6), pages 791-804, September.
    4. Jonathan Heathcote & Fabrizio Perri & Giovanni L. Violante, 2010. "Unequal We Stand: An Empirical Analysis of Economic Inequality in the United States: 1967-2006," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 13(1), pages 15-51, January.
    5. Nathalie Chusseau & Michel Dumont & Joël Hellier, 2008. "Explaining Rising Inequality: Skill‐Biased Technical Change And North–South Trade," Journal of Economic Surveys, Wiley Blackwell, vol. 22(3), pages 409-457, July.
    6. Yoshiyuki ARATA, 2017. "A Functional Linear Regression Model in the Space of Probability Density Functions," Discussion papers 17015, Research Institute of Economy, Trade and Industry (RIETI).
    7. Tom Krebs, 2006. "Multi-Dimensional Risk and the Cost of Business Cycles," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 9(4), pages 640-658, October.
    8. Bordo, Michael D. & Meissner, Christopher M., 2012. "Does inequality lead to a financial crisis?," Journal of International Money and Finance, Elsevier, vol. 31(8), pages 2147-2161.
    9. Gokmen, Gunes & Morin, Annaig, 2021. "Investment shocks and inequality dynamics," Economic Modelling, Elsevier, vol. 94(C), pages 570-579.
    10. Manthos, Delis & Iftekhar, Hasan & Pantelis, Kazakis, 2010. "Bank regulations and income inequality: Empirical evidence," MPRA Paper 27379, University Library of Munich, Germany.
    11. Tyrowicz, Joanna & Van der Velde, Lucas & Svejnar, Jan, 2016. "Effects of Labor Reallocation on Productivity and Inequality: Insights from Studies on Transition," IZA Discussion Papers 10229, Institute of Labor Economics (IZA).
    12. Giulia Valacchi & Julio Raffo & Alica Daly & David Humphreys, 2019. "Innovation in the Mining Sector and Cycles in Commodity Prices," WIPO Economic Research Working Papers 55, World Intellectual Property Organization - Economics and Statistics Division.
    13. Diana Alessandrini & Stephen Kosempel & Alessandra Pelloni & Thanasis Stengos, 2016. "Earnings inequality, the business cycle, and the life cycle," Working Papers 1602, University of Guelph, Department of Economics and Finance.
    14. Martin Geiger & Eric Mayer & Johann Scharler, 2020. "Inequality and the business cycle: evidence from U.S. survey data," Applied Economics, Taylor & Francis Journals, vol. 52(31), pages 3418-3435, June.
    15. Kvedaras, Virmantas & Cseres-Gergely, Zsombor, 2021. "China’s WTO accession and income inequality in European regions: External pressure and internal adjustments," Economic Analysis and Policy, Elsevier, vol. 69(C), pages 34-53.
    16. Giulia Valacchi & Julio Raffo & Alica Daly & David Humphreys, 2023. "Mining innovation and economic cycles: how commodity prices affect mining related patenting?," Mineral Economics, Springer;Raw Materials Group (RMG);Luleå University of Technology, vol. 36(3), pages 437-461, September.
    17. Juan F. Guerra‐Salas, 2018. "Latin America'S Declining Skill Premium: A Macroeconomic Analysis," Economic Inquiry, Western Economic Association International, vol. 56(1), pages 620-636, January.
    18. Andersson, Fredrik N.G., 2023. "Income inequality and carbon emissions in the United States 1929–2019," Ecological Economics, Elsevier, vol. 204(PA).
    19. Yukiko SAITO & Toshiaki KOUNO, 2012. "Rising Wage Inequality Within Firms: Evidence from Japanese health insurance society data," Discussion papers 12039, Research Institute of Economy, Trade and Industry (RIETI).
    20. Simona Malovana & Jan Janku & Martin Hodula, 2023. "Macroprudential Policy and Income Inequality: The Trade-off Between Crisis Prevention and Credit Redistribution," Working Papers 2023/3, Czech National Bank.
    21. Paweł Kumor, 2010. "Zależność nierówności plac od poziomu rozwoju gospodarczego," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 7-8, pages 45-62.
    22. Ribeiro, Ana Paula & Carvalho, Vitor & Ferreira, Mariana, 2020. "The effect of globalization on wage inequality: an application to the European Union before the Great Recession," MPRA Paper 110697, University Library of Munich, Germany.
    23. Natalia Vashchelyuk, 2015. "The Impact of Output Dynamics on Income Inequality in the Russian Regions," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(4), pages 132-144.
    24. Peng, Fei & Kang, Lili, 2013. "Cyclical changes in the wage structure of the United Kingdom: a historical review of the GHS 1972-2002," MPRA Paper 47210, University Library of Munich, Germany.
    25. Marta Escalonilla & Begoña Cueto & María José Pérez-Villadóniga, 2022. "Is the Millennial Generation Left Behind? Inter-Cohort Labour Income Inequality in a Context of Economic Shock," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 164(1), pages 285-321, November.
    26. Gadi Barlevy, 2004. "On the Timing of Innovation in Stochastic Schumpeterian Growth Models," NBER Working Papers 10741, National Bureau of Economic Research, Inc.
    27. Juan Guerra-Salas, 2016. "Fiscal Policy, Sectoral Allocation, and the Skill Premium: Explaining the Decline in Latin America’s Income Inequality," Working Papers Central Bank of Chile 779, Central Bank of Chile.
    28. María del Rosario Ruiz Hernández. & Leonardo Adalberto Gatica., 2021. "Efectos de la gran recesión sobre la distribución del ingreso en México. (The Effects of the Great Recession on the Income Distribution in Mexico)," Ensayos Revista de Economia, Universidad Autonoma de Nuevo Leon, Facultad de Economia, vol. 0(1), pages 55-88, May.
    29. Bozhechkova, Alexandra Viktorovna & Vashelyuk, Natalia. & Nazarov, P.A. & Perevyshin, Yuri & Tumanova, Elena Alexandrovna & Shagas, Natalia, 2015. "Modeling the Effects of Economic Policy and Changes in the Behavior of Economic Agents," Published Papers 2311, Russian Presidential Academy of National Economy and Public Administration.
    30. Morin, Annaïg, 2019. "Wage dispersion over the business cycle," Economics Letters, Elsevier, vol. 181(C), pages 17-21.
    31. Martin Ravallion, 2022. "Macroeconomic Covariates of Real Household Incomes in America," Working Papers gueconwpa~22-22-04, Georgetown University, Department of Economics.

  18. Gadi Barlevy, 2004. "On the timing of innovation in stochastic Schumpeterian growth models," Working Paper Series WP-04-11, Federal Reserve Bank of Chicago.

    Cited by:

    1. Muhammad Jamil & Erich W. Streissler & Robert M. Kunst, 2012. "Exchange Rate Volatility and its Impact on Industrial Production, Before and After the Introduction of Common Currency in Europe," International Journal of Economics and Financial Issues, Econjournals, vol. 2(2), pages 85-109.
    2. Diego A. Comin, 2008. "An Exploration of the Japanese Slowdown during the 1990s," Harvard Business School Working Papers 09-065, Harvard Business School.
    3. Daniel Giedeman & Paul Isely & Gerald Simons, 2006. "Innovation and the Business Cycle: A Comparison of the U.S. Semiconductor and Automobile Industries," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 12(2), pages 277-286, May.
    4. Diego Comin & Mark Gertler, 2006. "Medium-Term Business Cycles," American Economic Review, American Economic Association, vol. 96(3), pages 523-551, June.
    5. Aghion, Philippe & Kharroubi, Enisse & Hémous, David, 2009. "Credit Constraints, Cyclical Fiscal Policy and Industry Growth," CEPR Discussion Papers 7359, C.E.P.R. Discussion Papers.
    6. Taiji Harashima, 2005. "The Pro-cyclical R&D Puzzle: Technology Shocks and Pro-cyclical R&D Expenditure," Macroeconomics 0507012, University Library of Munich, Germany, revised 12 Jul 2005.
    7. Gadi Barlevy, 2004. "The Cost of Business Cycles and the Benefits of Stabilization: A Survey," NBER Working Papers 10926, National Bureau of Economic Research, Inc.
    8. María Elisa Farías, 2008. "Growth and Volatility in Developing Countries: The Role of Credits and Fiscal Policy," Working Papers Central Bank of Chile 488, Central Bank of Chile.
    9. Tervala, Juha, 2021. "Hysteresis and the welfare costs of recessions," Economic Modelling, Elsevier, vol. 95(C), pages 136-144.
    10. Rammer, Christian, 2012. "Schwerpunktbericht zur Innovationserhebung 2010: Management von Innovationsprojekten - Auswirkungen der Wirtschaftskrise," ZEW Dokumentationen 12-03, ZEW - Leibniz Centre for European Economic Research.
    11. Aghion, Philippe & Angeletos, George-Marios & Banerjee, Abhijit & Manova, Kalina, 2010. "Volatility and growth: Credit constraints and the composition of investment," Scholarly Articles 12490636, Harvard University Department of Economics.
    12. Zhu Weimin & Muhammad Zubair Chishti & Abdul Rehman & Manzoor Ahmad, 2022. "A pathway toward future sustainability: Assessing the influence of innovation shocks on CO2 emissions in developing economies," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 24(4), pages 4786-4809, April.
    13. Ahmad, Manzoor, 2021. "Non-linear dynamics of innovation activities over the business cycles: Empirical evidence from OECD economies," Technology in Society, Elsevier, vol. 67(C).
    14. Masino, Serena, 2012. "Macroeconomic instability and the incentive to innovate," MPRA Paper 38766, University Library of Munich, Germany.
    15. Damián Tojeiro-Rivero & Rosina Moreno & Erika Raquel Badillo, 2019. "Radical Innovations: The Role of Knowledge Acquisition from Abroad," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 55(2), pages 173-207, September.
    16. Francesco Bianchi & Howard Kung & Gonzalo Morales, 2014. "Growth, Slowdowns, and Recoveries," NBER Working Papers 20725, National Bureau of Economic Research, Inc.
    17. Philippe Aghion & George-Marios Angeletos & Abhijit Banerjee & Kalina Manova, 2005. "Volatility and Growth: Credit Constraints and Productivity-Enhancing Investment," NBER Working Papers 11349, National Bureau of Economic Research, Inc.
    18. Ander Pérez Orive, 2015. "Credit Constraints, Firms' Precautionary Investment, and the Business Cycle," Working Papers 506, Barcelona School of Economics.
    19. Christian Rammer, 2011. "Auswirkungen der Wirtschaftskrise auf die Innovationstätigkeit der Unternehmen in Deutschland," Vierteljahrshefte zur Wirtschaftsforschung / Quarterly Journal of Economic Research, DIW Berlin, German Institute for Economic Research, vol. 80(3), pages 13-34.
    20. Susanto Basu & John G. Fernald, 2009. "What do we know (and not know) about potential output?," Review, Federal Reserve Bank of St. Louis, vol. 91(Jul), pages 187-214.
    21. Ander Perez, 2010. "Credit Constraints, Firms' Precautionary Investment, and the Business Cycle," 2010 Meeting Papers 1004, Society for Economic Dynamics.
    22. Lennart Erixon & Louise Johannesson, 2015. "Is the psychology of high profits detrimental to industrial renewal? Experimental evidence for the theory of transformation pressure," Journal of Evolutionary Economics, Springer, vol. 25(2), pages 475-511, April.
    23. Edinaldo Tebaldi, 2011. "The Determinants of High-Technology Exports: A Panel Data Analysis," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 39(4), pages 343-353, December.
    24. Masino, Serena, 2012. "Macroeconomic instability and the incentive to innovate," MPRA Paper 38830, University Library of Munich, Germany.
    25. Ana Balcao Reis & Joao Ejarque, 2005. "(Relative Price) Lessons from Taking an AK Model to the Data," 2005 Meeting Papers 312, Society for Economic Dynamics.

  19. Gadi Barlevy, 2003. "Estimating models of on-the-job search using record statistics," Working Paper Series WP-03-18, Federal Reserve Bank of Chicago.

    Cited by:

    1. Fabien Postel-Vinay & Hélène Turon, 2006. "On-the-job Search, Productivity Shocks, and the Individual Earnings Process," The Centre for Market and Public Organisation 06/141, The Centre for Market and Public Organisation, University of Bristol, UK.
    2. Shouyong Shi, 2009. "Directed Search for Equilibrium Wage-Tenure Contracts," Econometrica, Econometric Society, vol. 77(2), pages 561-584, March.
    3. Uta Schönberg, 2007. "Wage Growth Due to Human Capital Accumulation and Job Search: A Comparison between the United States and Germany," ILR Review, Cornell University, ILR School, vol. 60(4), pages 562-586, July.
    4. Eric French & Bhashkar Mazumder & Christopher Taber, 2005. "The changing pattern of wage growth for low skilled workers," Working Paper Series WP-05-24, Federal Reserve Bank of Chicago.
    5. Jesper Bagger & Morten Henningsen, 2008. "Job Durations and the Job Search Model: A Two-Country, Multi-Sample Analysis," Discussion Papers 553, Statistics Norway, Research Department.
    6. Gregory Veramendi, 2012. "Labor Market Dynamics: A Model of Search and Human Capital Accumulation," 2012 Meeting Papers 1059, Society for Economic Dynamics.
    7. Ching-Chung Kuo, 2011. "Optimal assignment of resources to strengthen the weakest link in an uncertain environment," Annals of Operations Research, Springer, vol. 186(1), pages 159-173, June.

  20. Gadi Barlevy, 2003. "The cost of business cycles under endogenous growth," Working Paper Series WP-03-13, Federal Reserve Bank of Chicago.

    Cited by:

    1. Bruno Ćorić & Vladimir Šimić, 2021. "Economic disasters and aggregate investment," Empirical Economics, Springer, vol. 61(6), pages 3087-3124, December.
    2. Garga, Vaishali & Singh, Sanjay R., 2021. "Output hysteresis and optimal monetary policy," Journal of Monetary Economics, Elsevier, vol. 117(C), pages 871-886.
    3. Philip Jung & Keith Kuester, 2008. "The (un)importance of unemployment fluctuations for welfare," Working Papers 08-31, Federal Reserve Bank of Philadelphia.
    4. Olaf, POSCH & Klaus, WAELDE, 2005. "Natural volatility, welfare and taxation," Discussion Papers (ECON - Département des Sciences Economiques) 2005009, Université catholique de Louvain, Département des Sciences Economiques.
    5. Hirshleifer, David & Li, Jun & Yu, Jianfeng, 2015. "Asset pricing in production economies with extrapolative expectations," Journal of Monetary Economics, Elsevier, vol. 76(C), pages 87-106.
    6. Lee, Yoonsoo & Mukoyama, Toshihiko, 2018. "A model of entry, exit, and plant-level dynamics over the business cycle," Journal of Economic Dynamics and Control, Elsevier, vol. 96(C), pages 1-25.
    7. Lansing, Kevin J., 2012. "Speculative growth, overreaction, and the welfare cost of technology-driven bubbles," Journal of Economic Behavior & Organization, Elsevier, vol. 83(3), pages 461-483.
    8. Jianjun Miao & Pengfei Wang, 2014. "A Q-theory model with lumpy investment," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 57(1), pages 133-159, September.
    9. Landon, Stuart & Smith, Constance, 2017. "Does the Design of a Fiscal Rule Matter for Welfare?," Working Papers 2017-2, University of Alberta, Department of Economics.
    10. Fatás, Antonio & Mihov, Ilian, 2005. "Policy Volatility, Institutions and Economic Growth," CEPR Discussion Papers 5388, C.E.P.R. Discussion Papers.
    11. Tsuboi, Mizuki, 2019. "Resource scarcity, technological progress, and stochastic growth," Economic Modelling, Elsevier, vol. 81(C), pages 73-88.
    12. Jeong, Jaehun & Shim, Myungkyu, 2022. "On the welfare cost of business cycles: The role of labor-market heterogeneity," Journal of Macroeconomics, Elsevier, vol. 73(C).
    13. Jung, Philip & Kuester, Keith, 2011. "The (un)importance of unemployment fluctuations for the welfare cost of business cycles," Journal of Economic Dynamics and Control, Elsevier, vol. 35(10), pages 1744-1768, October.
    14. Ferraro, Domenico, 2017. "Volatility and slow technology diffusion," European Economic Review, Elsevier, vol. 96(C), pages 18-37.
    15. Dolores Añón Higón & Miguel Manjón & Juan A. Máñez & Juan A. Sanchis-Llopis, 2014. "Does R&D Protect Smes From The Hardness Of The Cycle? Evidence From Spanish Smes (1990-2009)," Working Papers 1411, Department of Applied Economics II, Universidad de Valencia.
    16. Mauricio A. Hernández & Munir A. Jalil & Carlos Esteban Posada, 2005. "El Costo de los Ciclos Económicos en Colombia: Una Nueva Estimación," Borradores de Economia 353, Banco de la Republica de Colombia.
    17. M. Ayhan Kose & Eswar Prasad & Kenneth S. Rogoff & Shang-Jin Wei, 2006. "Financial Globalization: A Reappraisal," NBER Working Papers 12484, National Bureau of Economic Research, Inc.
    18. Kevin J. Lansing, 2011. "Asset pricing with concentrated ownership of capital," Working Paper Series 2011-07, Federal Reserve Bank of San Francisco.
    19. Reda Cherif & Fuad Hasanov, 2012. "Oil Exporters' Dilemma: How Much to Save and How Much to Invest," IMF Working Papers 2012/004, International Monetary Fund.
    20. Barbara Annicchiarico & Alessandra Pelloni, 2013. "Productivity Growth and Volatility: How Important Are Wage and Price Rigidities?," Working Paper series 02_13, Rimini Centre for Economic Analysis.
    21. Patrick Francois & Huw Lloyd-Ellis, 2005. "I - Q Cycles," Working Paper 1040, Economics Department, Queen's University.
    22. Fassil Fanta, 2012. "Financial liberalization and consumption volatility: explaining heterogeneity across countries," Macroeconomics and Finance in Emerging Market Economies, Taylor & Francis Journals, vol. 5(2), pages 197-212, May.
    23. Julie Byrne & Denis Conniffe, 2009. "Efficient Estimation of the Non-linear Volatility and Growth Model," Economics Department Working Paper Series n2030809.pdf, Department of Economics, National University of Ireland - Maynooth.
    24. Mehl, Arnaud, 2013. "Large global volatility shocks, equity markets and globalisation: 1885-2011," Working Paper Series 1548, European Central Bank.
    25. Jeannine Bailliu & Robert Lafrance & Jean‐François Perrault, 2003. "Does Exchange Rate Policy Matter for Growth?," International Finance, Wiley Blackwell, vol. 6(3), pages 381-414, November.
    26. Michel A. Robe & Stephane Pallage, 2003. "The States vs. the states: On the Welfare Cost of Business Cycles in the U.S," Computing in Economics and Finance 2003 43, Society for Computational Economics.
    27. Stéphane Pallage & Michel A. Robe & Catherine Bérubé, 2004. "On the Potential of Foreign Aid as Insurance," Cahiers de recherche 0404, CIRPEE.
    28. Benigno, Gianluca & Fornaro, Luca, 2016. "Stagnation traps," LSE Research Online Documents on Economics 66416, London School of Economics and Political Science, LSE Library.
    29. Heiberger, Christopher & Maußner, Alfred, 2020. "Perturbation solution and welfare costs of business cycles in DSGE models," Journal of Economic Dynamics and Control, Elsevier, vol. 113(C).
    30. Zeppini, Paolo, 2015. "A discrete choice model of transitions to sustainable technologies," Journal of Economic Behavior & Organization, Elsevier, vol. 112(C), pages 187-203.
    31. Gadi Barlevy, 2004. "The Cost of Business Cycles and the Benefits of Stabilization: A Survey," NBER Working Papers 10926, National Bureau of Economic Research, Inc.
    32. Tuinstra, Jan & Wegener, Michael & Westerhoff, Frank, 2014. "Positive welfare effects of trade barriers in a dynamic partial equilibrium model," Journal of Economic Dynamics and Control, Elsevier, vol. 48(C), pages 246-264.
    33. Sam Schulhofer-Wohl, 2008. "Heterogeneous Risk Preferences and the Welfare Cost of Business Cycles," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 11(4), pages 761-780, October.
    34. Markus Eller & Jarko Fidrmuc & Zuzana Fungáčová, 2016. "Fiscal Policy and Regional Output Volatility: Evidence from Russia," Regional Studies, Taylor & Francis Journals, vol. 50(11), pages 1849-1862, November.
    35. De Neve, Jan-Emmanuel & Ward, George W. & de Keulenaer, Femke & van Landeghem, Bert & Kavetsos, Georgios & Norton, Michael I., 2014. "The asymmetric experience of positive and negative economic growth: global evidence using subjective well-being data," LSE Research Online Documents on Economics 60054, London School of Economics and Political Science, LSE Library.
    36. Paolo Zeppini, 2014. "A discrete choice model of transitions to sustainable technologies: speed limits and optimal monetary policies," Department of Economics Working Papers 28/14, University of Bath, Department of Economics.
    37. Imbs, Jean & Mauro, Paolo, 2007. "Pooling Risk Among Countries," CEPR Discussion Papers 6461, C.E.P.R. Discussion Papers.
    38. Brian Greaney & Conor Walsh, 2023. "Online Appendix to "Demand, Growth, and Deleveraging"," Online Appendices 21-132, Review of Economic Dynamics.
    39. Robert J. Barro, 2006. "On the Welfare Costs of Consumption Uncertainty," NBER Working Papers 12763, National Bureau of Economic Research, Inc.
    40. Croce, Mariano & Nguyen, Thien & Raymond, Steve, 2019. "Persistent Government Debt and Aggregate Risk Distribution," CEPR Discussion Papers 13922, C.E.P.R. Discussion Papers.
    41. Raouf Boucekkine & Giorgio Fabbri & Patrick A. Pintus, 2016. "Short-Run Pain, Long-Run Gain: The Conditional Welfare Gains from International Financial Integration," Working Papers halshs-00790569, HAL.
    42. Mr. Paolo Mauro & Mr. Torbjorn I. Becker, 2006. "Output Drops and the Shocks That Matter," IMF Working Papers 2006/172, International Monetary Fund.
    43. Tervala, Juha, 2021. "Hysteresis and the welfare costs of recessions," Economic Modelling, Elsevier, vol. 95(C), pages 136-144.
    44. Julian di Giovanni & Andrei A. Levchenko, 2006. "Trade Openness and Volatility," Development Working Papers 219, Centro Studi Luca d'Agliano, University of Milano.
    45. Diego Comin & Sunil Mulani, 2005. "A Theory of Growth and Volatility at the Aggregate and Firm Level," NBER Working Papers 11503, National Bureau of Economic Research, Inc.
    46. Arato, Hiroki, 2008. "Optimal operational monetary policy rules in an endogenous growth model: a calibrated analysis," MPRA Paper 8547, University Library of Munich, Germany.
    47. Bianchi, Francesco & Comin, Diego & Kung, Howard & Kind, Thilo & Matusche, Alexander, 2019. "Slow recoveries through fiscal austerity: New insights in the effects of fiscal austerity," ZEW policy briefs 2/2019, ZEW - Leibniz Centre for European Economic Research.
    48. Julian di Giovanni & Andrei A. Levchenko, 2011. "Country Size, International Trade, and Aggregate Fluctuations in Granular Economies," NBER Working Papers 17335, National Bureau of Economic Research, Inc.
    49. Eunseong Ma & Daeha Cho, 2022. "The Heterogeneous Welfare Effects of Business Cycles," Working papers 2022rwp-204, Yonsei University, Yonsei Economics Research Institute.
    50. Carlos Carreira & Paulino Teixeira, 2008. "Internal and external restructuring over the cycle: a firm-based analysis of gross flows and productivity growth in Portugal," Journal of Productivity Analysis, Springer, vol. 29(3), pages 211-220, June.
    51. Antonio Fatás & Ilian Mihov, 2009. "Macroeconomic Policy," World Bank Publications - Books, The World Bank Group, number 27931.
    52. Avom, Désiré & Kamguia, Brice & Ngameni, Joseph Pasky & Njangang, Henri, 2021. "How does terms of trade volatility affect macroeconomic volatility? The roles of financial development and institutions," International Economics, Elsevier, vol. 168(C), pages 98-114.
    53. Marco Cucculelli & Valentina Peruzzi, 2020. "Post-crisis firm survival, business model changes, and learning: evidence from the Italian manufacturing industry," Small Business Economics, Springer, vol. 54(2), pages 459-474, February.
    54. Cristiana Bendetti-Fasil & Giammario Impullitti & Omar Licandro & Petr Sedlacek & Adam Hal Spencer, 2024. "Hetereogeneous firms, growth and the long shadows of business cycles," Discussion Papers 2024/03, University of Nottingham, Centre for Finance, Credit and Macroeconomics (CFCM).
    55. Bambi, Mauro & Gozzi, Fausto & Licandro, Omar, 2014. "Endogenous growth and wave-like business fluctuations," Journal of Economic Theory, Elsevier, vol. 154(C), pages 68-111.
    56. Pengfei Wang & Yi Wen, 2012. "Hayashi Meets Kiyotaki and Moore: A Theory of Capital Adjustment," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 15(2), pages 207-225, April.
    57. Harald Badinger, 2008. "Cyclical Fiscal Policy, Output Volatility, and Economic Growth," CESifo Working Paper Series 2268, CESifo.
    58. Nicholas Bloom, 2007. "The Impact of Uncertainty Shocks," NBER Working Papers 13385, National Bureau of Economic Research, Inc.
    59. Raimundo Soto & Ibrahim Elbadawi & Isaac Martínez, 2019. "Exports, Exchange Regimes, and Fragility," Documentos de Trabajo 526, Instituto de Economia. Pontificia Universidad Católica de Chile..
    60. Houssa, Romain, 2013. "Uncertainty about welfare effects of consumption fluctuations," European Economic Review, Elsevier, vol. 59(C), pages 35-62.
    61. Luca Fornaro, 2014. "Financial crises and exchange rate policy," Economics Working Papers 1431, Department of Economics and Business, Universitat Pompeu Fabra, revised Nov 2014.
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    63. Joshua Aizenman & Brian Pinto, 2004. "Managing Volatility and Crises: A Practitioner's Guide Overview," NBER Working Papers 10602, National Bureau of Economic Research, Inc.
    64. Mukoyama, Toshihiko & Sahin, Aysegul, 2006. "Costs of business cycles for unskilled workers," Journal of Monetary Economics, Elsevier, vol. 53(8), pages 2179-2193, November.
    65. Hairault, Jean-Olivier & Langot, François & Osotimehin, Sophie, 2008. "Unemployment Dynamics and the Cost of Business Cycles," IZA Discussion Papers 3840, Institute of Labor Economics (IZA).
    66. Jean-Olivier Hairault & François Langot & Sophie Osotimehin, 2010. "Matching frictions, unemployment dynamics and the cost of business cycles," Post-Print hal-00516832, HAL.
    67. Ricardo Reis, 2005. "The time-series properties of aggregate consumption: implications for the costs of fluctuations," Working Papers 134, Princeton University, School of Public and International Affairs, Discussion Papers in Economics.
    68. Dias, Maria Helena Ambrosio & Dias, Joilson, 2010. "Measuring the Cyclical Component of a Time Series: a New Proposed Methodology," Brazilian Review of Econometrics, Sociedade Brasileira de Econometria - SBE, vol. 30(1), October.
    69. Imbs, Jean, 2007. "Growth and volatility," Journal of Monetary Economics, Elsevier, vol. 54(7), pages 1848-1862, October.
    70. Mand, Matthias, 2019. "On the cyclicality of R&D activities," Journal of Macroeconomics, Elsevier, vol. 59(C), pages 38-58.
    71. Robert E. Lucas Jr., 2003. "Macroeconomic Priorities," American Economic Review, American Economic Association, vol. 93(1), pages 1-14, March.
    72. Silvestri, Daniela & Riccaboni, Massimo & Della Malva, Antonio, 2018. "Sailing in all winds: Technological search over the business cycle," Research Policy, Elsevier, vol. 47(10), pages 1933-1944.
    73. Francesco Bianchi & Howard Kung & Gonzalo Morales, 2014. "Growth, Slowdowns, and Recoveries," NBER Working Papers 20725, National Bureau of Economic Research, Inc.
    74. Landon, Stuart & Smith, Constance, 2014. "Rule-Based Resource Revenue Stabilization Funds: A Welfare Comparison," Working Papers 2014-1, University of Alberta, Department of Economics.
    75. Jang-Ok Cho & Thomas Cooley & Hyung Seok Kim, 2015. "Business Cycle Uncertainty and Economic Welfare," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 18(2), pages 185-200, April.
    76. Frederick van der Ploeg, 2005. "Back to Keynes?," CESifo Economic Studies, CESifo Group, vol. 51(4), pages 777-822.
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    100. Kalamov, Zarko Y. & Zimmermann, Karl J., 2023. "GDP-linked bonds and economic growth," Journal of International Money and Finance, Elsevier, vol. 137(C).
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    102. Kim, Minseung & Shim, Myungkyu, 2020. "Variable Effort, Business Cycles, and Economic Welfare," Economics Letters, Elsevier, vol. 196(C).
    103. Mahagaonkar, Prashanth & Schweickert, Rainer & Chavali, Aditya S., 2009. "Sectoral R&D intensity and exchange rate volatility: a panel study for OECD countries," Kiel Working Papers 1531, Kiel Institute for the World Economy (IfW Kiel).
    104. Kenc, Turalay, 2004. "Taxation, risk-taking and growth: a continuous-time stochastic general equilibrium analysis with labor-leisure choice," Journal of Economic Dynamics and Control, Elsevier, vol. 28(8), pages 1511-1539, June.
    105. Reinout De Bock, 2011. "The Cost of Volatile Investment in an Emerging Economy," Economics Bulletin, AccessEcon, vol. 31(2), pages 1696-1705.
    106. Bassino, Jean-Pascal & Lagoarde-Segot, Thomas & Woitek, Ulrich, 2020. "The irreversible welfare cost of climate anomalies. Evidence from Japan (1872-1917)," Discussion Paper Series 704, Institute of Economic Research, Hitotsubashi University.
    107. Croce, M. & Nguyen, Thien T. & Raymond, S., 2021. "Persistent government debt and aggregate risk distribution," Journal of Financial Economics, Elsevier, vol. 140(2), pages 347-367.
    108. Laura Bakkensen & Lint Barrage, 2018. "Climate Shocks and Economic Growth: Bridging the Micro-Macro Gap," 2018 Meeting Papers 1198, Society for Economic Dynamics.
    109. Colleen Carey & Stephen H. Shore, 2013. "From the Peaks to the Valleys: Cross-State Evidence on Income Volatility over the Business Cycle," The Review of Economics and Statistics, MIT Press, vol. 95(2), pages 549-562, May.
    110. Mollerstrom, Johanna Britta & Laibson, David I. & Chauvin, Kyle, 2011. "Asset Bubbles and the Cost of Economic Fluctuations," Scholarly Articles 9938146, Harvard University Department of Economics.
    111. Mariano Max Croce & Thien T. Nguyen & Steve Raymond, 2019. "Persistent Government Debt and Aggregate Risk Distribution," NBER Working Papers 26177, National Bureau of Economic Research, Inc.
    112. Pengfei Wang & Yi Wen, 2007. "Endogenous volatility, endogenous growth, and large welfare gains from stabilization policies," Working Papers 2006-032, Federal Reserve Bank of St. Louis.
    113. Furceri, Davide & Karras, Georgios, 2007. "Country size and business cycle volatility: Scale really matters," Journal of the Japanese and International Economies, Elsevier, vol. 21(4), pages 424-434, December.
    114. Fernald, John G., 2007. "Trend breaks, long-run restrictions, and contractionary technology improvements," Journal of Monetary Economics, Elsevier, vol. 54(8), pages 2467-2485, November.
    115. tom krebs, 2004. "welfare cost of business cycles when markets are incomplete," Econometric Society 2004 North American Summer Meetings 283, Econometric Society.
    116. Toseef Azid & Naeem Khali & Toseef Muhammad Jamil, 2006. "Sectoral Volatility, Development, and Governance: A Case Study of Pakistan," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 45(4), pages 797-817.
    117. Raouf Boucekkine & Giorgio Fabbri & Patrick Pintus, 2012. "Short-Run Pain, Long-Run Gain: The Conditional Welfare Gains from International Financial Integration The Conditional Welfare Gains from International Financial Integration," AMSE Working Papers 1202, Aix-Marseille School of Economics, France, revised 27 Jun 2016.
    118. David Wilcox, 2005. "Discussion of 'What Caused the Decline in US Business Cycle Volatility?'," RBA Annual Conference Volume (Discontinued), in: Christopher Kent & David Norman (ed.),The Changing Nature of the Business Cycle, Reserve Bank of Australia.
    119. Gadi Barlevy, 2004. "On the Timing of Innovation in Stochastic Schumpeterian Growth Models," NBER Working Papers 10741, National Bureau of Economic Research, Inc.
    120. Gadi Barlevy, 2005. "The cost of business cycles and the benefits of stabilization," Economic Perspectives, Federal Reserve Bank of Chicago, vol. 29(Q I), pages 32-49.
    121. Stéphane Dupraz & Emi Nakamura & Jón Steinsson, 2019. "A Plucking Model of Business Cycles," NBER Working Papers 26351, National Bureau of Economic Research, Inc.
    122. Kevin J. Lansing, 2008. "Speculative growth and overreaction to technology shocks," Working Paper Series 2008-08, Federal Reserve Bank of San Francisco.
    123. Arthur Korus, 2016. "Currency Overvaluation and R&D Spending," EIIW Discussion paper disbei218, Universitätsbibliothek Wuppertal, University Library.
    124. Ana Balcao Reis & Joao Ejarque, 2005. "(Relative Price) Lessons from Taking an AK Model to the Data," 2005 Meeting Papers 312, Society for Economic Dynamics.
    125. Gao, Han & Lin, Chunpeng & Peng, Juan & Zhao, Siqi, 2024. "Overextrapolation of disaster probabilities and asset pricing in a production economy," International Review of Economics & Finance, Elsevier, vol. 89(PA), pages 845-854.
    126. Robert J. Barro, 2007. "Rare Disasters, Asset Prices, and Welfare Costs," NBER Working Papers 13690, National Bureau of Economic Research, Inc.
    127. Daisuke Ikeda & Takushi Kurozumi, 2015. "What Makes Post-Financial-Crisis Recoveries So Slow? An Investigation of Implications for Monetary Policy Conduct," Bank of Japan Research Laboratory Series 15-E-2, Bank of Japan.
    128. Manuel Gómez, 2010. "A note on external habits and efficiency in the AK model," Journal of Economics, Springer, vol. 99(1), pages 53-64, February.
    129. khan, sajawal, 2018. "Business Cycle Fluctuations: why are so undesirable?," MPRA Paper 93172, University Library of Munich, Germany, revised 12 Jan 2019.
    130. Fueki, Takuji & Hürtgen, Patrick & Walker, Todd B., 2024. "Zero-risk weights and capital misallocation," Discussion Papers 16/2024, Deutsche Bundesbank.
    131. Thomas Beissinger, 2006. "Neue Anforderungen an eine gesamtwirtschaftliche Stabilisierung," Diskussionspapiere aus dem Institut für Volkswirtschaftslehre der Universität Hohenheim 277/2006, Department of Economics, University of Hohenheim, Germany.
    132. Larry E. Jones & Rodolfo E. Manuelli & Henry E. Siu & Ennio Stacchetti, 2005. "Fluctuations in Convex Models of Endogenous Growth I: Growth Effects," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 8(4), pages 780-804, October.
    133. Islam, Md. Monirul & Sohag, Kazi & Berezin, Andrey & Sergi, Bruno S., 2024. "Factor proportions model for Russian mineral supply-driven global energy transition: Does externality matter?," Energy Economics, Elsevier, vol. 129(C).
    134. Jensen, Henrik & Ravn, Søren Hove & Santoro, Emiliano, 2019. "Kinks and Gains from Credit Cycles," CEPR Discussion Papers 13795, C.E.P.R. Discussion Papers.
    135. Bassino, Jean-Pascal & Lagoarde-Segot, Thomas & Woitek, Ulrich, 2022. "Prenatal climate shocks and adult height in developing countries. Evidence from Japan (1872–1917)," Economics & Human Biology, Elsevier, vol. 45(C).

  21. Gadi Barlevy, 2000. "Evaluating the Costs of Business Cycles in Models of Endogenous Growth," Discussion Papers 1287, Northwestern University, Center for Mathematical Studies in Economics and Management Science.

    Cited by:

    1. Turnovsky, Stephen J. & Bianconi, Marcelo, 2005. "Welfare Gains From Stabilization In A Stochastically Growing Economy With Idiosyncratic Shocks And Flexible Labor Supply," Macroeconomic Dynamics, Cambridge University Press, vol. 9(3), pages 321-357, June.
    2. Satyajit Chatterjee & Dean Corbae, 2000. "On the welfare gains of reducing the likelihood of economic crises," Working Papers (Old Series) 0015, Federal Reserve Bank of Cleveland.
    3. Anne Epaulard & Aude Pommeret, 2003. "Recursive Utility, Endogenous Growth, and the Welfare Cost of Volatility," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 6(3), pages 672-684, July.
    4. Jordi Galí & Mark Gertler & J. David López-Salido, 2007. "Markups, Gaps, and the Welfare Costs of Business Fluctuations," The Review of Economics and Statistics, MIT Press, vol. 89(1), pages 44-59, November.
    5. Stephane Pallage & Michel Robe, 2000. "Magnitude X on the Richter Scale: Welfare Cost of Business Cycles in Developing Countries," Cahiers de recherche CREFE / CREFE Working Papers 124, CREFE, Université du Québec à Montréal.
    6. Satyajit Chatterjee & Dean Corbae, 2003. "On the welfare gains of eliminating a small likelihood of economic crises: A case for stabilization policies?," Working Papers 03-20, Federal Reserve Bank of Philadelphia.

  22. Gadi Barlevy & Pietro Veronesi, 2000. "Rational Panics and Stock Market Crashes," CRSP working papers 483, Center for Research in Security Prices, Graduate School of Business, University of Chicago.

    Cited by:

    1. Kim Christensen & Roel Oomen & Roberto Renò, 2016. "The Drift Burst Hypothesis," CREATES Research Papers 2016-28, Department of Economics and Business Economics, Aarhus University.
    2. Baruník, Jozef & Kukacka, Jiri, 2014. "Realizing stock market crashes: stochastic cusp catastrophe model of returns under time-varying volatility," FinMaP-Working Papers 15, Collaborative EU Project FinMaP - Financial Distortions and Macroeconomic Performance: Expectations, Constraints and Interaction of Agents.
    3. Elias Albagli & Christian Hellwig & Aleh Tsyvinski, 2011. "A Theory of Asset Prices Based on Heterogeneous Information," Cowles Foundation Discussion Papers 1827, Cowles Foundation for Research in Economics, Yale University.
    4. Brock Mendel & Andrei Shleifer, "undated". "Chasing Noise," Working Paper 19517, Harvard University OpenScholar.
    5. Anginer, Deniz & Demirguc-Kunt, Asli & Zhu, Min, 2014. "How does competition affect bank systemic risk?," Journal of Financial Intermediation, Elsevier, vol. 23(1), pages 1-26.
    6. Anginer, Deniz & Demirguc-Kunt, Asli, 2014. "Has the global banking system become more fragile over time?," Journal of Financial Stability, Elsevier, vol. 13(C), pages 202-213.
    7. Dengta CHEN & Yinggang ZHOU, 2004. "Rational Panics, Absorbing Regime Switching and Stock Market," Econometric Society 2004 Far Eastern Meetings 680, Econometric Society.
    8. Jonathan Libgober & Beatrice Michaeli & Elyashiv Wiedman, 2023. "With a Grain of Salt: Uncertain Veracity of External News and Firm Disclosures," Papers 2304.09262, arXiv.org, revised Aug 2023.
    9. Christian Hellwig, 2004. "Self-Fulfilling Currency Crises: The Role of Interest Rates (A.E.R., December 2006)," UCLA Economics Online Papers 338, UCLA Department of Economics.
    10. Iván Werning & George-Marios Angeletos, 2006. "Crises and Prices: Information Aggregation, Multiplicity, and Volatility," American Economic Review, American Economic Association, vol. 96(5), pages 1720-1736, December.
    11. Ihle, Rico & Bar-Nahum, Ziv & Nivievskyi, Oleg & Rubin, Ofir D., 2022. "Russia’s invasion of Ukraine increased the synchronisation of global commodity prices," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 66(04), January.
    12. Bellia, Mario & Christensen, Kim & Kolokolov, Aleksey & Pelizzon, Loriana & Renò, Roberto, 2022. "Do designated market makers provide liquidity during a flash crash?," SAFE Working Paper Series 270, Leibniz Institute for Financial Research SAFE, revised 2022.
    13. Peter C.B. Phillips & Shuping Shi, 2018. "Real Time Monitoring of Asset Markets: Bubbles and Crises," Cowles Foundation Discussion Papers 2152, Cowles Foundation for Research in Economics, Yale University.
    14. Nicolae Gârleanu & Stavros Panageas & Jianfeng Yu, 2015. "Financial Entanglement: A Theory of Incomplete Integration, Leverage, Crashes, and Contagion," American Economic Review, American Economic Association, vol. 105(7), pages 1979-2010, July.
    15. Albagli, Elias & Hellwig, Christian & Tsyvinski, Aleh, 2021. "Information Aggregation with Asymmetric Asset Payoffs," TSE Working Papers 21-1172, Toulouse School of Economics (TSE), revised Apr 2023.
    16. Kendall, Chad, 2018. "The time cost of information in financial markets," Journal of Economic Theory, Elsevier, vol. 176(C), pages 118-157.
    17. Giovanni Cespa, 2000. "Short-term investment and equilibrium multiplicity," Economics Working Papers 520, Department of Economics and Business, Universitat Pompeu Fabra, revised Jun 2002.
    18. Suleyman Basak & David Cass & Juan Manuel Licari & Anna Pavlova, 2006. "Multiplicity in General Financial Equilibrium with Portfolio Constraints, Second Version," PIER Working Paper Archive 06-020, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 17 Jul 2006.
    19. Di, Li & Shaiban, Mohammed Sharaf & Hasanov, Akram Shavkatovich, 2021. "The power of investor sentiment in explaining bank stock performance: Listed conventional vs. Islamic banks," Pacific-Basin Finance Journal, Elsevier, vol. 66(C).
    20. David M. Frankel, 2008. "Adaptive Expectations And Stock Market Crashes," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 49(2), pages 595-619, May.
    21. Giovanni Cespa & Xavier Vives, 2011. "Expectations, Liquidity, and Short-term Trading," CESifo Working Paper Series 3390, CESifo.
    22. Brée, David S. & Joseph, Nathan Lael, 2013. "Testing for financial crashes using the Log Periodic Power Law model," International Review of Financial Analysis, Elsevier, vol. 30(C), pages 287-297.
    23. Yang, Chunpeng & Wu, Huihui, 2019. "Chasing investor sentiment in stock market," The North American Journal of Economics and Finance, Elsevier, vol. 50(C).
    24. Jose M. Marin & Jacques P. Olivier, 2008. "The Dog That Did Not Bark: Insider Trading and Crashes," Journal of Finance, American Finance Association, vol. 63(5), pages 2429-2476, October.
    25. Jiang, Fuwei & Ma, Tian & Zhu, Feifei, 2024. "Fundamental characteristics, machine learning, and stock price crash risk," Journal of Financial Markets, Elsevier, vol. 69(C).
    26. Stephen L. Lenkey, 2021. "Informed Trading with a Short-Sale Prohibition," Management Science, INFORMS, vol. 67(3), pages 1803-1824, March.
    27. Guoxiao Xia & Changsheng Hu & Huosong Xia & Yangchun Chi, 2023. "Different momentum effects across countries: An explanation based on investors' behavior," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 46(4), pages 1141-1163, December.
    28. Giovanni Cespa, 2003. "Giffen Goods and Market Making," CSEF Working Papers 97, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
    29. Peter C. B. Phillips & Shuping Shi, 2019. "Detecting Financial Collapse and Ballooning Sovereign Risk," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 81(6), pages 1336-1361, December.
    30. Marc Arnold & Dustin Schuette & Alexander Wagner, 2021. "Neglected Risk in Financial Innovation: Evidence from Structured Product Counterparty Exposure," European Financial Management, European Financial Management Association, vol. 27(2), pages 287-325, March.
    31. Christian Hellwig & Arijit Mukherji & Aleh Tsyvinski, 2005. "Self-Fulfilling Currency Crises: The Role of Interest Rates," NBER Working Papers 11191, National Bureau of Economic Research, Inc.
    32. Qin, Jie, 2015. "A model of regret, investor behavior, and market turbulence," Journal of Economic Theory, Elsevier, vol. 160(C), pages 150-174.
    33. Benlagha, Noureddine, 2020. "Stock market dependence in crisis periods: Evidence from oil price shocks and the Qatar blockade," Research in International Business and Finance, Elsevier, vol. 54(C).
    34. Siokis, Fotios M., 2012. "Stock market dynamics: Before and after stock market crashes," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 391(4), pages 1315-1322.
    35. Juan Carlos Hatchondo & Per Krusell & Martin Schneider, 2014. "Asset Trading and Valuation with Uncertain Exposure," Working Paper 14-5, Federal Reserve Bank of Richmond.
    36. Ouzan, Samuel, 2020. "Loss aversion and market crashes," Economic Modelling, Elsevier, vol. 92(C), pages 70-86.
    37. Zhou, Zhengyi, 2016. "Overreaction to policy changes in the housing market: Evidence from Shanghai," Regional Science and Urban Economics, Elsevier, vol. 58(C), pages 26-41.
    38. Itay Goldstein & Emre Ozdenoren & Kathy Yuan, 2011. "Trading Frenzies and their Impact on Real Investment," FMG Discussion Papers dp670, Financial Markets Group.
    39. Jess Benhabib & Xuewen Liu & Pengfei Wang, 2015. "Sentiments, Financial Markets, and Macroeconomic Fluctuations," NBER Working Papers 21294, National Bureau of Economic Research, Inc.
    40. Lenkey, Stephen L., 2017. "Insider trading and the short-swing profit rule," Journal of Economic Theory, Elsevier, vol. 169(C), pages 517-545.
    41. Anginer, Deniz & Cerutti, Eugenio & Martínez Pería, María Soledad, 2017. "Foreign bank subsidiaries' default risk during the global crisis: What factors help insulate affiliates from their parents?," Journal of Financial Intermediation, Elsevier, vol. 29(C), pages 19-31.
    42. Giovanni Cespa & Xavier Vives, 2014. "The Beauty Contest and Short-Term Trading," CSEF Working Papers 383, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
    43. Anginer, Deniz & Demirgüç-Kunt, Asli & Mare, Davide S., 2018. "Bank capital, institutional environment and systemic stability," Journal of Financial Stability, Elsevier, vol. 37(C), pages 97-106.
    44. Rajan Sruthi & Santhakumar Shijin, 2020. "Investigating liquidity constraints as a channel of contagion: a regime switching approach," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 6(1), pages 1-21, December.
    45. Timothy Mathews & Aniruddha Bagchi, 2019. "Conflict without an Apparent Cause," Games, MDPI, vol. 10(4), pages 1-12, October.
    46. Condie, Scott & Ganguli, Jayant, 2017. "The pricing effects of ambiguous private information," Journal of Economic Theory, Elsevier, vol. 172(C), pages 512-557.
    47. Ni, Xiaoran & Zhu, Weikang, 2016. "Short-sales and stock price crash risk: Evidence from an emerging market," Economics Letters, Elsevier, vol. 144(C), pages 22-24.
    48. Yinggang ZHOU, 2004. "Rational Panics, Absorbing Regime Switching And Stock Market," Econometric Society 2004 Far Eastern Meetings 681, Econometric Society.
    49. Wang, Chengjin & Gao, Yudong & Li, Honggang, 2021. "Information interaction, behavioral synchronization and asset market volatility," The North American Journal of Economics and Finance, Elsevier, vol. 56(C).
    50. Kapopoulos, Panayotis & Siokis, Fotios, 2005. "Stock market crashes and dynamics of aftershocks," Economics Letters, Elsevier, vol. 89(1), pages 48-54, October.
    51. Qiuyun Wang & Lu Liu, 2022. "Pandemic or panic? A firm-level study on the psychological and industrial impacts of COVID-19 on the Chinese stock market," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 8(1), pages 1-38, December.
    52. Gong, Rong, 2020. "Short selling threat and corporate financing decisions," Journal of Banking & Finance, Elsevier, vol. 118(C).
    53. Basak, Suleyman & Pavlova, Anna & Cass, David & Licari, Juan Manuel, 2006. "Multiplicity in General Financial Equilibrium with Portfolio Constraints," CEPR Discussion Papers 5804, C.E.P.R. Discussion Papers.
    54. Rudiger, Jesper & Vigier, Adrien, 2013. "Financial Experts, Asset Prices and Reputation," MPRA Paper 51784, University Library of Munich, Germany.
    55. Ozkaya, Ata, 2013. "The Domestic Debt Intolerance and Bad Equilibrium: An Empirical Default Model," GIAM Working Papers 13-1, Galatasaray University Economic Research Center.
    56. Anginer, Deniz & Demirguc-Kunt, Asli & Zhu, Min, 2012. "How does bank competition affect systemic stability ?," Policy Research Working Paper Series 5981, The World Bank.
    57. Suleyman Basak & David Cass & Juan Manuel Licari & Anna Pavlova, 2006. "Multiplicity and Sunspots in General Financial Equilibrium with Portfolio Constraints," PIER Working Paper Archive 06-012, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    58. Mathieu Bédard, 2012. "Informational Contagion and the Entrepreneurial Production of Informational Remedies," CAE Working Papers 96, Aix-Marseille Université, CERGAM, revised Mar 2013.
    59. George-Marios Angeletos, 2008. "Private Sunspots and Idiosyncratic Investor Sentiment," NBER Working Papers 14015, National Bureau of Economic Research, Inc.

  23. Gadi Barlevy & Pietro Veronesi, 1999. "On the Possibility of Stock Market Crashes in the Absence of Portfolio Insurance," Discussion Papers 1252, Northwestern University, Center for Mathematical Studies in Economics and Management Science.

    Cited by:

    1. Hsiao, Yu-Jen & Tsai, Wei-Che, 2018. "Financial literacy and participation in the derivatives markets," Journal of Banking & Finance, Elsevier, vol. 88(C), pages 15-29.

  24. Gadi Barlevy, 1999. "Credit Market Frictions and the Reallocation Process," Discussion Papers 1251, Northwestern University, Center for Mathematical Studies in Economics and Management Science.

    Cited by:

    1. Jean-Bernard Chatelain, 2003. "Structural Modelling of Financial Constraints on Investment: Where Do We Stand?," Post-Print halshs-00112522, HAL.

  25. Gadi Barlevy & Pietro Veronesi, "undated". "Information Acquisition in Financial Markets," CRSP working papers 360, Center for Research in Security Prices, Graduate School of Business, University of Chicago.

    Cited by:

    1. Chahrour, Ryan & Gaballo, Gaetano, 2017. "Learning from prices: amplication and business fluctuations," Working Paper Series 2053, European Central Bank.
    2. Goldstein, Itay & Yuan, Kathy & Ozdenoren, Emre, 2010. "Learning and Complementarities: Implications for Speculative Attacks," CEPR Discussion Papers 7651, C.E.P.R. Discussion Papers.
    3. Gabriel Desgranges & Céline Rochon, 2013. "Conformism and public news," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 52(3), pages 1061-1090, April.
    4. Urban Dariusz, 2017. "The Color of Government Money. Do Investors Differently Value the Investment of Sovereign Wealth Funds?," Financial Internet Quarterly (formerly e-Finanse), Sciendo, vol. 13(1), pages 25-34, November.
    5. Nikolaus Hautsch & Dieter Hess, 2004. "Bayesian Learning in Financial Markets – Testing for the Relevance of Information Precision in Price Discovery," FRU Working Papers 2004/06, University of Copenhagen. Department of Economics. Finance Research Unit.
    6. Vasiliki Skreta & Laura Veldkamp, 2008. "Ratings Shopping and Asset Complexity: A Theory of Ratings Inflation," Working Papers 08-28, New York University, Leonard N. Stern School of Business, Department of Economics.
    7. Luca Bernardinelli & Paolo Guasoni & Eberhard Mayerhofer, 2022. "Informational efficiency and welfare," Mathematics and Financial Economics, Springer, volume 16, number 2, December.
    8. Banerjee, Snehal & Green, Brett, 2015. "Signal or noise? Uncertainty and learning about whether other traders are informed," Journal of Financial Economics, Elsevier, vol. 117(2), pages 398-423.
    9. Georgy Chabakauri & Kathy Yuan & Konstantinos E Zachariadis, 2022. "Multi-asset Noisy Rational Expectations Equilibrium with Contingent Claims," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 89(5), pages 2445-2490.
    10. Penghui Yin, 2018. "Optimal Amount of Attention to Capital Income Risk and Heterogeneous Precautionary Saving Behavior," CESifo Working Paper Series 7413, CESifo.
    11. Joel Vanden, 2015. "Noisy information and the size effect in stock returns," Annals of Finance, Springer, vol. 11(1), pages 77-107, February.
    12. Gârleanu, Nicolae & Panageas, Stavros, 2021. "What to expect when everyone is expecting: Self-fulfilling expectations and asset-pricing puzzles," Journal of Financial Economics, Elsevier, vol. 140(1), pages 54-73.
    13. Diego García & Francesco Sangiorgi & Branko Urošević, 2007. "Overconfidence and Market Efficiency with Heterogeneous Agents," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 30(2), pages 313-336, February.
    14. Eduardo Dávila & Cecilia Parlatore, 2019. "Volatility and Informativeness," NBER Working Papers 25433, National Bureau of Economic Research, Inc.
    15. M. Middeldorp & S. Rosenkranz, 2008. "Information acquisition in an experimental asset market," Working Papers 08-25, Utrecht School of Economics.
    16. Mele, Antonio & Sangiorgi, Francesco, 2009. "Ambiguity, information acquisition and price swings in asset markets," LSE Research Online Documents on Economics 24424, London School of Economics and Political Science, LSE Library.
    17. Muendler, Marc-Andreas, 2004. "The Existence of Informationally Efficient Markets When Individuals Are Rational," University of California at San Diego, Economics Working Paper Series qt5tf543q2, Department of Economics, UC San Diego.
    18. SHerrill Shaffer, 2008. "Strategic Risk Aversion," CAMA Working Papers 2008-25, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    19. Stefanescu, Razvan & Dumitriu, Ramona, 2016. "Particularitǎţi ale evoluţiei variabilelor financiare [Some particularities of the financial variables evolution]," MPRA Paper 73481, University Library of Munich, Germany, revised 02 Sep 2016.
    20. Gabriel Desgranges & Maik Heinemann, 2008. "Strongly Rational Expectations Equilibria,Endogenous Acquisition of Information and the Grossman–Stiglitz Paradox," THEMA Working Papers 2008-25, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
    21. Kendall, Chad, 2018. "The time cost of information in financial markets," Journal of Economic Theory, Elsevier, vol. 176(C), pages 118-157.
    22. Muendler, Marc-Andreas, 2008. "Risk-neutral investors do not acquire information," Finance Research Letters, Elsevier, vol. 5(3), pages 156-161, September.
    23. George-Marios Angeletos & Chen Lian, 2016. "Incomplete Information in Macroeconomics: Accommodating Frictions in Coordination," NBER Working Papers 22297, National Bureau of Economic Research, Inc.
    24. Lou, Youcheng & Wang, Shouyang, 2020. "A new approach to the existence and regularity of linear equilibrium in a noisy rational expectations economy," Journal of Mathematical Economics, Elsevier, vol. 90(C), pages 119-126.
    25. Veldkamp, Laura & Hellwig, Christian, 2007. "Knowing What Others Know: Coordination Motives in Information Acquisition," CEPR Discussion Papers 6506, C.E.P.R. Discussion Papers.
    26. Gaballo, Gaetano & Chahrour, Ryan, 2019. "Learning from House Prices: Amplification and Business Fluctuations," CEPR Discussion Papers 14120, C.E.P.R. Discussion Papers.
    27. Laura Veldkamp, 2003. "Media Frenzies in Markets for Financial Information," Working Papers 03-20, New York University, Leonard N. Stern School of Business, Department of Economics.
    28. Luigi Guiso & Tullio Jappelli, 2007. "Information Acquisition and Portfolio Performance," Economics Working Papers ECO2007/45, European University Institute.
    29. Cecilia Parlatore & Eduardo Davila, 2016. "Trading Costs and Informational Efficiency," 2016 Meeting Papers 494, Society for Economic Dynamics.
    30. Gadi Barlevy & Pietro Veronesi, 2000. "Rational Panics and Stock Market Crashes," CRSP working papers 483, Center for Research in Security Prices, Graduate School of Business, University of Chicago.
    31. Beaudry, Paul & Gonzalez, Francisco M., 2003. "An equilibrium analysis of information aggregation and fluctuations in markets with discrete decisions," Journal of Economic Theory, Elsevier, vol. 113(1), pages 76-103, November.
    32. Veldkamp, Laura & Farboodi, Maryam, 2018. "Long Run Growth of Financial Data Technology," CEPR Discussion Papers 13278, C.E.P.R. Discussion Papers.
    33. Chen, Yan & He, YingHua, 2021. "Information acquisition and provision in school choice: An experimental study," Journal of Economic Theory, Elsevier, vol. 197(C).
    34. Manzano, Carolina & Vives, Xavier, 2010. "Public and private learning from prices, strategic substitutability and complementarity, and equilibrium multiplicity," Working Papers 2072/151544, Universitat Rovira i Virgili, Department of Economics.
    35. García, Diego & Urošević, Branko, 2013. "Noise and aggregation of information in large markets," Journal of Financial Markets, Elsevier, vol. 16(3), pages 526-549.
    36. Das Chaudhury, Ratul & Bhattacharya, Sukanta, 2023. "When to seek expert advice? A simple model of borrowers with limited liability," Mathematical Social Sciences, Elsevier, vol. 125(C), pages 113-120.
    37. Siemroth, Christoph, 2014. "Why prediction markets work : The role of information acquisition and endogenous weighting," Working Papers 14-02, University of Mannheim, Department of Economics.
    38. Marc-Andreas Muendler, 2005. "Rational Information Choice in Financial Market Equilibrium," CESifo Working Paper Series 1436, CESifo.
    39. George M. Mukupa & Elias R. Offen, 2018. "The semi-martingale equilibrium equity premium for risk-neutral investors," International Journal of Financial Engineering (IJFE), World Scientific Publishing Co. Pte. Ltd., vol. 5(04), pages 1-15, December.
    40. Gadi Barlevy & Pietro Veronesi, 2007. "Information acquisition in financial markets: a correction," Working Paper Series WP-07-06, Federal Reserve Bank of Chicago.
    41. Muendler, Marc-Andreas, 2007. "The possibility of informationally efficient markets," Journal of Economic Theory, Elsevier, vol. 133(1), pages 467-483, March.
    42. Ali Raza Elahi & Anum Iqbal & Bilal Ahmad Minhas & Fouzia Ashfaq, 2023. "The Behavior Risk Biases And Sustainable Investment Decision," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 12(3), pages 74-88.
    43. Duffie, Darrell & Malamud, Semyon & Manso, Gustavo, 2015. "Reprint of: Information percolation in segmented markets," Journal of Economic Theory, Elsevier, vol. 158(PB), pages 838-869.
    44. Gabriel Desgranges & Celine Rochon, 2008. "Conformism, Public News and Market Efficiency," Economics Series Working Papers 2008fe16, University of Oxford, Department of Economics.
    45. Mitman, Kurt & Broer, Tobias & Kohlhas, Alexandre & Schlafmann, Kathrin, 2021. "Information and Wealth Heterogeneity in the Macroeconomy," CEPR Discussion Papers 15934, C.E.P.R. Discussion Papers.
    46. Darrell Duffie & Semyon Malamud & Gustavo Manso, 2011. "Information Percolation in Segmented Markets," NBER Working Papers 17295, National Bureau of Economic Research, Inc.
    47. Challe, Edouard & Chrétien, Edouard, 2015. "Market composition and price informativeness in a large market with endogenous order types," Journal of Economic Theory, Elsevier, vol. 158(PB), pages 679-696.
    48. Rahi, Rohit, 2021. "Information acquisition with heterogeneous valuations," Journal of Economic Theory, Elsevier, vol. 191(C).
    49. Gao, Feng & Song, Fengming & Wang, Jun, 2013. "Rational expectations equilibrium with uncertain proportion of informed traders," Journal of Financial Markets, Elsevier, vol. 16(3), pages 387-413.
    50. Laura Veldkamp & Stijn Van Nieuwerburgh, 2008. "Information Acquisition and Under-Diversification," Working Papers 08-21, New York University, Leonard N. Stern School of Business, Department of Economics.
    51. Gadi Barlevy & Pietro Veronesi, 1999. "On the Possibility of Stock Market Crashes in the Absence of Portfolio Insurance," Discussion Papers 1252, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    52. Vagnani, Gianluca, 2009. "The Black-Scholes model as a determinant of the implied volatility smile: A simulation study," Journal of Economic Behavior & Organization, Elsevier, vol. 72(1), pages 103-118, October.
    53. Verrecchia, Robert E., 2001. "Essays on disclosure," Journal of Accounting and Economics, Elsevier, vol. 32(1-3), pages 97-180, December.
    54. Chen, Xingjiang & Ruan, Xinfeng & Zhang, Wenjun, 2021. "Dynamic portfolio choice and information trading with recursive utility," Economic Modelling, Elsevier, vol. 98(C), pages 154-167.
    55. Pavan, Alessandro & Vives, Xavier, 2015. "Information, Coordination, and Market Frictions: An Introduction," Journal of Economic Theory, Elsevier, vol. 158(PB), pages 407-426.
    56. Wen-Chung Guo & Sy-Ming Guu & Ting-Yun Chang, 2011. "Equilibrium Information Acquisition, Prediction Abilities and Asset Prices," Computational Economics, Springer;Society for Computational Economics, vol. 37(1), pages 89-111, January.
    57. Gianluca Vagnani, 2009. "The Black-Scholes model as a determinant of the implied volatility smile: A simulation study," Post-Print hal-00736952, HAL.
    58. Bing Han & Liyan Yang, 2013. "Social Networks, Information Acquisition, and Asset Prices," Management Science, INFORMS, vol. 59(6), pages 1444-1457, June.
    59. Dirk Bergemann & Xianwen Shi & Juuso Valimaki, 2008. "Information Acquisition in Interdependent Value Auctions," Working Papers tecipa-307, University of Toronto, Department of Economics.
    60. Duane Rockerbie & Stephen Easton, 2003. "Information as a Substitute for Bailouts in Sovereign Debt Markets," International Finance 0303003, University Library of Munich, Germany.
    61. Christian Hellwig, 2005. "Knowing What Others Know: Coordination Motives in Information Acquisition (March 2007, with Laura Veldkamp)," UCLA Economics Online Papers 369, UCLA Department of Economics.
    62. Dewan, Ambuj & Neligh, Nathaniel, 2020. "Estimating information cost functions in models of rational inattention," Journal of Economic Theory, Elsevier, vol. 187(C).
    63. Christophe Chamley, 2005. "Complementarities in Information Acquisition with Short-Term Trades," Boston University - Department of Economics - The Institute for Economic Development Working Papers Series dp-156, Boston University - Department of Economics.
    64. Yan Chen & YingHua He, 2022. "Information acquisition and provision in school choice: a theoretical investigation," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 74(1), pages 293-327, July.
    65. Jacob Wong, 2008. "Information acquisition, dissemination, and transparency of monetary policy," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 41(1), pages 46-79, February.
    66. Foucault, Thierry & Cespa, Giovanni, 2011. "Learning from Prices, Liquidity Spillovers, and Market Segmentation," CEPR Discussion Papers 8350, C.E.P.R. Discussion Papers.
    67. Juan Dubra & Helios Herrera, 2002. "Market Participation, Information and Volatility," Working Papers 0206, Centro de Investigacion Economica, ITAM.
    68. Buss, Adrian & Breugem, Matthijs & Peress, Joël, 2021. "What do Interest Rates Reveal about the Stock Market? A Noisy Rational Expectations Model of Stock and Bond Markets," CEPR Discussion Papers 15766, C.E.P.R. Discussion Papers.
    69. Lou, Youcheng & Parsa, Sahar & Ray, Debraj & Li, Duan & Wang, Shouyang, 2019. "Information aggregation in a financial market with general signal structure," Journal of Economic Theory, Elsevier, vol. 183(C), pages 594-624.
    70. Christophe Chamley, 2005. "Complementarities in Information Acquisition with Short-Term Trades," Boston University - Department of Economics - Working Papers Series WP2005-027, Boston University - Department of Economics.
    71. Goettler, Ronald L. & Parlour, Christine A. & Rajan, Uday, 2009. "Informed traders and limit order markets," Journal of Financial Economics, Elsevier, vol. 93(1), pages 67-87, July.
    72. Robert S. Gibbons & Richard T. Holden & Michael L. Powell, 2010. "Rational-Expectations Equilibrium in Intermediate Good Markets," NBER Working Papers 15783, National Bureau of Economic Research, Inc.
    73. Matthijs Breugem & Adrian Buss, 2017. "Institutional Investors and Information Acquisition: Implications for Asset Prices and Informational Efficiency," Carlo Alberto Notebooks 524, Collegio Carlo Alberto.
    74. Attilio Gardini & Alessandro Magi, 2007. "Stock Market Participation: New Empirical Evidence from Italian Households'Behavior," Giornale degli Economisti, GDE (Giornale degli Economisti e Annali di Economia), Bocconi University, vol. 66(1), pages 93-114, March.
    75. Manela, Asaf, 2014. "The value of diffusing information," Journal of Financial Economics, Elsevier, vol. 111(1), pages 181-199.
    76. Angeletos, G.-M. & Lian, C., 2016. "Incomplete Information in Macroeconomics," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 1065-1240, Elsevier.
    77. Maryam Farboodi & Laura Veldkamp, 2018. "Long Run Growth of Financial Data Technology," Working Papers 18-09, New York University, Leonard N. Stern School of Business, Department of Economics.

Articles

  1. Gadi Barlevy & R. Jason Faberman & Bart Hobijn & Ayşegül Şahin, 2024. "The Shifting Reasons for Beveridge Curve Shifts," Journal of Economic Perspectives, American Economic Association, vol. 38(2), pages 83-106, Spring.
    See citations under working paper version above.
  2. Franklin Allen & Gadi Barlevy & Douglas Gale, 2022. "Asset Price Booms and Macroeconomic Policy: A Risk-Shifting Approach," American Economic Journal: Macroeconomics, American Economic Association, vol. 14(2), pages 243-280, April.
    See citations under working paper version above.
  3. Gadi Barlevy & Jonas Fisher, 2021. "Why were interest only mortgages so population during U.S. housing boom?," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 41, pages 205-224, July.
    See citations under working paper version above.
  4. Gadi Barlevy & Jonas D. M. Fisher & May Tysinger, 2021. "Are Long-run Inflation Expectations Well Anchored?," Chicago Fed Letter, Federal Reserve Bank of Chicago, issue 458, pages 1-7, July.

    Cited by:

    1. Simpson, Julija & Bambra, Clare & Brown, Heather, 2021. "Do Changes in Employment and Hours Worked Contribute to a Decreasing in the Mental Health of Single Mothers during a Period of Welfare Reform in the UK? A Longitudinal Analysis (2009-2019)," IZA Discussion Papers 14968, Institute of Labor Economics (IZA).
    2. Olli-Pekka Hilmola, 2021. "Inflation and Hyperinflation Countries in 2018–2020: Risks of Different Assets and Foreign Trade," JRFM, MDPI, vol. 14(12), pages 1-16, December.

  5. Alvarez, Fernando & Barlevy, Gadi, 2021. "Mandatory disclosure and financial contagion," Journal of Economic Theory, Elsevier, vol. 194(C).
    See citations under working paper version above.
  6. Gadi Barlevy & Derek Neal, 2019. "Allocating Effort and Talent in Professional Labor Markets," Journal of Labor Economics, University of Chicago Press, vol. 37(1), pages 187-246.
    See citations under working paper version above.
  7. Gadi Barlevy, 2018. "Bridging Between Policymakers’ and Economists’ Views on Bubbles," Economic Perspectives, Federal Reserve Bank of Chicago, issue 4, pages 1-21.

    Cited by:

    1. Pablo Guerron-Quintana & Tomohiro Hirano & Ryo Jinnai, 2020. "Recurrent Bubbles and Economic Growth," Discussion Papers 2012, Centre for Macroeconomics (CFM).
    2. Hirano, Tomohiro & Toda, Alexis Akira, 2024. "Bubble economics," Journal of Mathematical Economics, Elsevier, vol. 111(C).
    3. Victor Filipe Martins da Rocha & Toan Phan & Yiannis Vailakis, 2019. "Debt Limits and Credit Bubbles in General Equilibrium," Post-Print hal-02429759, HAL.
    4. Makoto WATANABE & Yu Awaya & kohei Iwasaki, 2024. "Money is the roof of asset bubbles," CIGS Working Paper Series 24-001E, The Canon Institute for Global Studies.
    5. Jordi Galí, 2016. "Monetary policy and bubbles in a new Keynesian model with overlapping generations," Economics Working Papers 1561, Department of Economics and Business, Universitat Pompeu Fabra, revised Jan 2020.
    6. Tomohiro Hirano & Alexis Akira Toda, 2024. "Bubble Necessity Theorem," Discussion Papers 2421, Centre for Macroeconomics (CFM).
    7. Lopomo Beteto Wegner, Danilo, 2024. "Central bank intervention and financial bubbles," International Review of Economics & Finance, Elsevier, vol. 92(C), pages 1-19.
    8. Ryo Jinnai, 2023. "Macroeconomic Analysis of Asset Bubbles and Its Policy Implications: A Review," Public Policy Review, Policy Research Institute, Ministry of Finance Japan, vol. 19(3), pages 1-13, September.
    9. Dong, Feng & Xu, Zhiwei, 2022. "Bubbly bailout," Journal of Economic Theory, Elsevier, vol. 202(C).
    10. Pablo A. Guerron-Quintana & Tomohiro Hirano & Ryo Jinnai, 2021. "Bubbles, Crashes, Ups and Downs in Economic Growth Theory and Evidence," CIGS Working Paper Series 21-006E, The Canon Institute for Global Studies.

  8. Gadi Barlevy, 2015. "Bubbles and Fools," Economic Perspectives, Federal Reserve Bank of Chicago, issue Q II.

    Cited by:

    1. Feng Liu & Joseph S. White & John R. Conlon, 2023. "A Three‐State Rational Greater‐Fool Bubble Model With Intertemporal Consumption Smoothing," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 64(4), pages 1565-1594, November.
    2. Doblas-Madrid, Antonio, 2016. "A finite model of riding bubbles," Journal of Mathematical Economics, Elsevier, vol. 65(C), pages 154-162.

  9. Barlevy, Gadi, 2014. "A leverage-based model of speculative bubbles," Journal of Economic Theory, Elsevier, vol. 153(C), pages 459-505.
    See citations under working paper version above.
  10. Gadi Barlevy & Derek Neal, 2012. "Pay for Percentile," American Economic Review, American Economic Association, vol. 102(5), pages 1805-1831, August.
    See citations under working paper version above.
  11. Gadi Barlevy, 2011. "Evaluating the role of labor market mismatch in rising unemployment," Economic Perspectives, Federal Reserve Bank of Chicago, vol. 35(Q III), pages 82-96.

    Cited by:

    1. Violante, Giovanni & Topa, Giorgio & Sahin, Aysegul & Song, Joseph, 2012. "Mismatch Unemployment," CEPR Discussion Papers 9093, C.E.P.R. Discussion Papers.
    2. Shibata Ippei, 2020. "Is Labor Market Mismatch a Big Deal in Japan?," The B.E. Journal of Macroeconomics, De Gruyter, vol. 20(2), pages 1-28, June.
    3. Riccardo Zago, 2020. "Job Polarization, Skill Mismatch and the Great Recession," Working papers 755, Banque de France.
    4. Sun, Ting & Bian, Xuezi & Liu, Jianxu & Wang, Rui & Sriboonchitta, Songsak, 2023. "The economic and social effects of skill mismatch in China: A DSGE model with skill and firm heterogeneity," Economic Modelling, Elsevier, vol. 125(C).
    5. Robert E. Hall & Sam Schulhofer-Wohl, 2018. "Measuring Job-Finding Rates and Matching Efficiency with Heterogeneous Job-Seekers," American Economic Journal: Macroeconomics, American Economic Association, vol. 10(1), pages 1-32, January.
    6. Francesco Furlanett & Nicolas Groshenny, 2012. "Matching efficiency and business cycle fluctuations," Reserve Bank of New Zealand Discussion Paper Series DP2012/06, Reserve Bank of New Zealand.
    7. Vitaliano, Donald F., 2012. "An Empirical Estimate of the Labor Response Function for Benefit-Cost Analysis," Journal of Benefit-Cost Analysis, Cambridge University Press, vol. 3(3), pages 1-12, August.
    8. Ioana Marinescu & Roland Rathelot, 2018. "Mismatch Unemployment and the Geography of Job Search," American Economic Journal: Macroeconomics, American Economic Association, vol. 10(3), pages 42-70, July.
    9. Morten O. Ravn & Vincent Sterk, 2012. "Job Uncertainty and Deep Recessions," Discussion Papers 1501, Centre for Macroeconomics (CFM), revised Dec 2014.
    10. Peter A. Diamond & Aysegül Sahin, 2016. "Disaggregating the Matching Function," CESifo Working Paper Series 6266, CESifo.
    11. Zheng Liu & Sylvain Leduc, 2016. "The Slow Job Recovery in a Macro Model of Search and Recruiting Intensity," 2016 Meeting Papers 1397, Society for Economic Dynamics.
    12. Gabriele Cardullo & Eric Guerci, 2018. "Interpreting the Beveridge curve: an agent-based approach," Post-Print halshs-01929041, HAL.
    13. Wesselbaum, Dennis, 2019. "Jobless recoveries: The interaction between financial and search frictions," Journal of Macroeconomics, Elsevier, vol. 61(C), pages 1-1.
    14. Peter A. Diamond, 2013. "Cyclical Unemployment, Structural Unemployment," NBER Working Papers 18761, National Bureau of Economic Research, Inc.
    15. René Böheim & Michael Christl, 2021. "Mismatch unemployment in Austria," Economics working papers 2021-06, Department of Economics, Johannes Kepler University Linz, Austria.
    16. Olegs Krasnopjorovs, 2015. "Natural and Cyclical Unemployment in Latvia: New Insights from the Beveridge Curve Model," Discussion Papers 2015/02, Latvijas Banka.
    17. Diamond, Peter A. & Şahin, Ayşegül, 2015. "Shifts in the Beveridge curve," Research in Economics, Elsevier, vol. 69(1), pages 18-25.
    18. Gina Cristina Dimian & Liviu Stelian Begu & Josef Jablonsky, 2017. "Unemployment and labour market mismatch in the European Union Countries," Zbornik radova Ekonomskog fakulteta u Rijeci/Proceedings of Rijeka Faculty of Economics, University of Rijeka, Faculty of Economics and Business, vol. 35(1), pages 13-44.
    19. Michael Christl & Monika Köppl–Turyna & Dénes Kucsera, 2016. "Structural unemployment after the crisis in Austria," IZA Journal of European Labor Studies, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 5(1), pages 1-36, December.
    20. René Böheim & Michael Christl, 2021. "Mismatch Unemployment in Austria: The Role of Regional Labour Markets for Skills," CESifo Working Paper Series 9080, CESifo.
    21. Sedláček, Petr, 2014. "Match efficiency and firms' hiring standards," Journal of Monetary Economics, Elsevier, vol. 62(C), pages 123-133.
    22. Yuelin Liu, 2022. "How structural is unemployment in the United States?," Economic Inquiry, Western Economic Association International, vol. 60(3), pages 1258-1276, July.
    23. Marcelo Veracierto, 2011. "Worker flows and matching efficiency," Economic Perspectives, Federal Reserve Bank of Chicago, vol. 35(Q IV), pages 147-169.
    24. Thomas A. Lubik, 2013. "The shifting and twisting Beveridge curve: an aggregate perspective," Working Paper 13-16, Federal Reserve Bank of Richmond.
    25. He, Chao & Fan, Xiaodong, 2024. "The paradox of search intensity," Journal of Economic Theory, Elsevier, vol. 221(C).

  12. Gadi Barlevy, 2011. "Robustness and Macroeconomic Policy," Annual Review of Economics, Annual Reviews, vol. 3(1), pages 1-24, September.
    See citations under working paper version above.
  13. Gadi Barlevy & H. N. Nagaraja, 2010. "Estimating Mobility Rates in Search Models with Initial Condition Problems," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 13(4), pages 780-799, October.

    Cited by:

    1. Tejada, Mauricio M., 2016. "Lifetime inequality measures for an emerging economy: The case of Chile," Labour Economics, Elsevier, vol. 42(C), pages 1-15.

  14. Gadi Barlevy, 2009. "Policymaking under uncertainty: Gradualism and robustness," Economic Perspectives, Federal Reserve Bank of Chicago, vol. 33(Q II), pages 38-55.

    Cited by:

    1. Axelle Ferriere & Anastasios Karantounias, 2019. "Fiscal Austerity in Ambiguous Times," PSE-Ecole d'économie de Paris (Postprint) halshs-02084280, HAL.
    2. Julian A. Parra-Polania & Carmiña O. Vargas, 2014. "Changes in GDP’s measurement error volatility and response of the monetary policy rate: Two approaches," Revista ESPE - Ensayos Sobre Política Económica, Banco de la República, vol. 32(75), pages 41-47, December.
    3. , G., 2013. "Managing pessimistic expectations and fiscal policy," Theoretical Economics, Econometric Society, vol. 8(1), January.
    4. Karantounias, Anastasios G., 2023. "Doubts about the model and optimal policy," Journal of Economic Theory, Elsevier, vol. 210(C).
    5. Bahaj, Saleem & Foulis, Angus, 2016. "Macroprudential policy under uncertainty," Bank of England working papers 584, Bank of England.
    6. Gadi Barlevy, 2010. "Robustness and macroeconomic policy," Working Paper Series WP-2010-04, Federal Reserve Bank of Chicago.
    7. Christian Aubin & Ibrahima Diouf & Dominique Pepin, 2010. "Inertie De La Politique Monétaire Dans La Zone Euro : Le Rôle De L'Hétérogénéité," Post-Print hal-00960030, HAL.
    8. Sargent, Thomas & Ellison, Martin, 2009. "A defence of the FOMC," CEPR Discussion Papers 7510, C.E.P.R. Discussion Papers.
    9. Alon Binyamini & Tali Larom, 2012. "Encouraging Participation in a Labor Market with Search and Matching Frictions," Bank of Israel Working Papers 2012.11, Bank of Israel.
    10. R. Gerke & F. Hammermann & V. Lewis, 2011. "Robust Monetary Policy in a Model with Financial Distress," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 11/767, Ghent University, Faculty of Economics and Business Administration.
    11. Hansen, Lars Peter & Sargent, Thomas J., 2015. "Four types of ignorance," Journal of Monetary Economics, Elsevier, vol. 69(C), pages 97-113.

  15. Gadi Barlevy, 2008. "Identification of Search Models using Record Statistics," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 75(1), pages 29-64.

    Cited by:

    1. Giuseppe Moscarini & Fabien Postel-Vinay, 2013. "Stochastic Search Equilibrium," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 80(4), pages 1545-1581.
    2. Castro, Rui & Lange, Fabian & Poschke, Markus, 2024. "Labour force transitions," CLEF Working Paper Series 78, Canadian Labour Economics Forum (CLEF), University of Waterloo.
    3. Joseph Altonji, 2012. "Modeling Earnings Dynamics," 2012 Meeting Papers 1180, Society for Economic Dynamics.
    4. Michael Elsby & Ryan Michaels & David Ratner, 2020. "Vacancy Chains," Working Papers 20-28, Federal Reserve Bank of Philadelphia.
    5. Joseph G. Altonji & Daniel Giraldo Páez & Disa M. Hynsjo & Ivan Vidangos, 2021. "Marriage Dynamics, Earnings Dynamics, and Lifetime Family Income," NBER Working Papers 28400, National Bureau of Economic Research, Inc.
    6. Renata Narita, 2020. "Self-Employment in Developing Countries: A Search-Equilibrium Approach," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 35, pages 1-34, January.
    7. Patrick J. Kehoe & Pierlauro Lopez & Virgiliu Midrigan & Elena Pastorino, 2020. "Asset Prices and Unemployment Fluctuations," Staff Report 591, Federal Reserve Bank of Minneapolis.
    8. Iourii Manovskii & Marcus Hagedorn, 2011. "Search Frictions and Wage Dispersion," 2011 Meeting Papers 1195, Society for Economic Dynamics.
    9. Rasul, Imran & Alfonsi, Livia & Bandiera, Oriana & Bassi, Vittorio & Sulaiman, Munshi & Vitali, Anna, 2020. "Tackling Youth Unemployment: Evidence from a Labor Market Experiment in Uganda," CEPR Discussion Papers 14973, C.E.P.R. Discussion Papers.
    10. Melvyn Coles & Carlos Carrillo-Tudela & Ken Burdett, 2008. "Human Capital Accumulation and Labor Market Equilibrium," 2008 Meeting Papers 1088, Society for Economic Dynamics.
    11. Galindo da Fonseca, João Alfredo & Gallipoli, Giovanni & Yedid-Levi, Yaniv, 2020. "Match quality and contractual sorting," Labour Economics, Elsevier, vol. 66(C).
    12. Christopher Taber & Rune Vejlin, 2012. "Estimation of a Roy/Search/Compensating Differential Model of the Labor Market," 2012 Meeting Papers 566, Society for Economic Dynamics.
    13. Engbom, Niklas & Moser, Christian, 2018. "Earnings Inequality and the Minimum Wage: Evidence from Brazil," MPRA Paper 95384, University Library of Munich, Germany.
    14. Jean-Marc Robin & Costas Meghir & Jeremy Lise, 2008. "Matching, Sorting and Wages," 2008 Meeting Papers 273, Society for Economic Dynamics.
    15. Guido Menzio & Irina Telyukova & Ludo Visschers, 2016. "Directed Search over the Life Cycle," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 19, pages 38-62, January.
    16. Gottfries, A. & Teulings, T., 2017. "Wage Posting, Nominal Rigidity, and Cyclical Inefficiencies," Cambridge Working Papers in Economics 1736, Faculty of Economics, University of Cambridge.
    17. Claude Godreche & Satya N. Majumdar & Gregory Schehr, 2017. "Record statistics of a strongly correlated time series: random walks and L\'evy flights," Papers 1702.00586, arXiv.org.
    18. Gadi Barlevy & H. N. Nagaraja, 2005. "Characterizations in a random record model with a non-identically distributed initial record," Working Paper Series WP-05-05, Federal Reserve Bank of Chicago.
    19. Jesper Bagger & Francois Fontaine & Fabien Postel-Vinay & Jean-Marc Robin, 2014. "Tenure, Experience, Human Capital, and Wages," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-01301431, HAL.
    20. Carlos Carrillo-Tudela, 2012. "Job Search, Human Capital and Wage Inequality," CESifo Working Paper Series 3979, CESifo.
    21. Gadi Barlevy & H. N. Nagaraja, 2006. "Identification of search models with initial condition problems," Working Paper Series WP-06-03, Federal Reserve Bank of Chicago.
    22. Yaniv Yedid-Levi & Giovanni Gallipoli & Joao Alfredo Galindo da Fonseca, 2016. "Revisiting the Relationship Between Unemployment and Wages," 2016 Meeting Papers 541, Society for Economic Dynamics.
    23. Andrew Shephard, 2017. "Equilibrium Search And Tax Credit Reform," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 58(4), pages 1047-1088, November.
    24. Shintaro Yamaguchi, 2010. "Job Search, Bargaining, and Wage Dynamics," Journal of Labor Economics, University of Chicago Press, vol. 28(3), pages 595-631, July.
    25. Jeremy Lise & Costas Meghir & Jean-Marc Robin, 2013. "Mismatch, Sorting and Wages Dynamics," SciencePo Working papers Main hal-03473908, HAL.
    26. Ken Burdett & Carlos Carrillo-Tudela & Melvyn Coles, 2016. "Wage Inequality: A Structural Decomposition," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 19, pages 20-37, January.
    27. Axel Gottfries & Coen N. Teulings, 2017. "Returns to On-The-Job Search and the Dispersion of Wages," CESifo Working Paper Series 6410, CESifo.
    28. Teulings, Coen & Gottfries, Axel, 2017. "Wage posting, nominal rigidity, and cyclical inefficiencies," CEPR Discussion Papers 12316, C.E.P.R. Discussion Papers.
    29. Joseph G. Altonji & Disa M. Hynsjö & Ivan Vidangos, 2022. "Individual Earnings and Family Income: Dynamics and Distribution," NBER Working Papers 30095, National Bureau of Economic Research, Inc.
    30. Jesper Bagger & Francois Fontaine & Jean-Marc Robin, 2014. "Tenure, experience, human capital and wages: a tractable equilibrium search model of wage dynamics," CeMMAP working papers 12/14, Institute for Fiscal Studies.
    31. Gottfries, Axel & Teulings, Coen, 2016. "Returns to on-the-job search and the dispersion of wages," LSE Research Online Documents on Economics 86219, London School of Economics and Political Science, LSE Library.
    32. Guo, Junjie, 2022. "The persistent impact of multiple offers," Labour Economics, Elsevier, vol. 74(C).
    33. Fatih Karahan & Serdar Ozkan & Jae Song, 2019. "Anatomy of Lifetime Earnings Inequality: Heterogeneity in Job Ladder Risk vs. Human Capital," Staff Reports 908, Federal Reserve Bank of New York.
    34. Min, Seungsik & Shin, Ki-Hong & Baek, Woonhak & Kim, Kyungsik & You, Cheol-Hwan & Lee, Dong-In & Yum, Seong Soo & Kim, Wonheung & Chang, Ki-Ho, 2020. "Dynamical behavior of combined detrended cross-correlation analysis methods in random walks and Lévy flights," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 539(C).
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    161. David Aristei & Alessandro Sterlacchini & Francesco Venturini, 2017. "Effectiveness of R&D subsidies during the crisis: firm-level evidence across EU countries," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 26(6), pages 554-573, August.
    162. Sohei Kaihatsu & Maiko Koga & Tomoya Sakata & Naoko Hara, 2018. "Interaction between Business Cycles and Economic Growth," Bank of Japan Working Paper Series 18-E-12, Bank of Japan.
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    165. Halmai, Péter, 2018. "Az európai növekedési modell kifulladása [Exhaustion of the European economic model]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(2), pages 122-160.
    166. Dimitris Christopoulos & Miguel León-Ledesma, 2009. "Efficiency and frontier technology in the aftermath of recessions: international evidence," Studies in Economics 0922, School of Economics, University of Kent.
    167. Ascensión Barajas & Elena Huergo & Lourdes Moreno, 2021. "The role of public loans in financing business R&D through the economic cycle," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 38(2), pages 505-538, July.
    168. Kadri M�nnasoo & Jaanika Merikull, 2011. "R&D in boom and boost : evidence from the World Bank Financial Crisis Survey," Bank of Estonia Working Papers wp2011-07, Bank of Estonia, revised 13 Jul 2011.
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    170. Neto, António & Furukawa, Yuichi & Ribeiro, Ana Paula, 2017. "Can Trade Unions Increase Social Welfare? An R&D Model with Cash-in-Advance Constraints," MPRA Paper 77312, University Library of Munich, Germany.
    171. Sebastiano Cattaruzzo & Agustí Segarra-Blasco & Mercedes Teruel, 2024. "Firm-level contributions to the R&D intensity distribution: evidence and policy implications," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 33(1), pages 45-65, January.
    172. Scanlon, Paul, 2019. "New goods and asset prices," Journal of Financial Economics, Elsevier, vol. 132(3), pages 140-157.
    173. Andreas Reinstaller, 2019. "Produkteinführungen österreichischer Unternehmen und Konjunkturschwankungen," WIFO Monatsberichte (monthly reports), WIFO, vol. 92(3), pages 173-182, March.
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    180. Manzoor Ahmad & Zahoor Ul Haq & Shehzad Khan, 2024. "Business Cycles and the Dynamics of Innovation: a Theoretical Perspective," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(1), pages 1418-1436, March.
    181. Zeynep Kabukcuoglu, 2019. "The cyclical behavior of R&D investment during the Great Recession," Empirical Economics, Springer, vol. 56(1), pages 301-323, January.
    182. Wan, Jing & Zhang, Jie, 2021. "Optimal growth through innovation, investment, and labor," European Economic Review, Elsevier, vol. 132(C).
    183. Li, Changqing & Lu, Jian, 2018. "R&D, financing constraints and export green-sophistication in China," China Economic Review, Elsevier, vol. 47(C), pages 234-244.
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  17. Gadi Barlevy, 2007. "Economic theory and asset bubbles," Economic Perspectives, Federal Reserve Bank of Chicago, vol. 31(Q III), pages 44-59.

    Cited by:

    1. Toan Phan & Andrew Hanson & Siddhartha Biswas, 2018. "Bubbly Recessions," 2018 Meeting Papers 440, Society for Economic Dynamics.
    2. Andrei Afilipoaei & Gustavo Carrero, 2023. "A Mathematical Model of Financial Bubbles: A Behavioral Approach," Mathematics, MDPI, vol. 11(19), pages 1-17, September.
    3. Ron Bird & Gordon Menzies & Peter Dixon & Maureen Rimmer, 2010. "Asset Price Regulators Unite: You Have Macroeconomic Stability to Win and the Microeconomic Losses are Second-order," Working Paper Series 5, The Paul Woolley Centre for Capital Market Dysfunctionality, University of Technology, Sydney.
    4. Bachar Fakhry & Christian Richter, 2018. "Does the Federal Constitutional Court Ruling mean the German Financial Market is Efficient?," Working Papers 46, The German University in Cairo, Faculty of Management Technology.
    5. Andrea Ajello & Nina Boyarchenko & François Gourio & Andrea Tambalotti, 2022. "Financial Stability Considerations for Monetary Policy: Theoretical Mechanisms," Finance and Economics Discussion Series 2022-005, Board of Governors of the Federal Reserve System (U.S.).
    6. Ricardo Lagos & Shengxing Zhang, 2018. "A Monetary Model of Bilateral Over-the-Counter Markets," NBER Working Papers 25239, National Bureau of Economic Research, Inc.
    7. Herr, Hansjörg & Rüdiger, Sina & Pédussel Wu, Jennifer, 2016. "The Federal Reserve as lender of last resort during the subprime crisis: Successful stabilisation without structural changes," IPE Working Papers 65/2016, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
    8. Charalambos Pitros, 2014. "UK housing bubble case study analysis: The ‘‘behaviour’’ of UK housing bubbles and the ‘‘affordability’’ parameter," ERES eres2014_4, European Real Estate Society (ERES).
    9. Michaelides, Panayotis G. & Tsionas, Efthymios & Konstantakis, Konstantinos, 2016. "Financial Bubble Detection : A Non-Linear Method with Application to S&P 500," MPRA Paper 74477, University Library of Munich, Germany.
    10. G. Menzies & R. Bird & P. Dixon & M. Rimmer, 2010. "The Economic Costs of US Stock Mispricing," Centre of Policy Studies/IMPACT Centre Working Papers g-204, Victoria University, Centre of Policy Studies/IMPACT Centre.
    11. Douglas R. Emery, 2022. "Negative bubbles and the market for “dreams”: “Lemons” in the looking glass," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 45(1), pages 5-16, March.
    12. Petr Makovský, 2016. "The relationship between the real economy and financial sector regarding technological bubbles," Ekonomika a Management, Prague University of Economics and Business, vol. 2016(3).
    13. Coskun Yener & Jadevicius Arvydas, 2017. "Is there a Housing Bubble in Turkey?," Real Estate Management and Valuation, Sciendo, vol. 25(1), pages 48-73, March.
    14. Michaelides, Panayotis G. & Tsionas, Efthymios G. & Konstantakis, Konstantinos N., 2016. "Non-linearities in financial bubbles: Theory and Bayesian evidence from S&P500," Journal of Financial Stability, Elsevier, vol. 24(C), pages 61-70.
    15. Kevin J. Lansing, 2008. "Speculative growth and overreaction to technology shocks," Working Paper Series 2008-08, Federal Reserve Bank of San Francisco.
    16. Rüdiger, Sina, 2013. "The Federal Reserve in times of economic crisis: Paths and choices since 2007," IPE Working Papers 25/2013, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
    17. Anna Scherbina & Bernd Schlusche, 2012. "Asset Bubbles: an Application to Residential Real Estate," European Financial Management, European Financial Management Association, vol. 18(3), pages 464-491, June.

  18. Barlevy, Gadi & Tsiddon, Daniel, 2006. "Earnings inequality and the business cycle," European Economic Review, Elsevier, vol. 50(1), pages 55-89, January.
    See citations under working paper version above.
  19. Gadi Barlevy, 2005. "The cost of business cycles and the benefits of stabilization," Economic Perspectives, Federal Reserve Bank of Chicago, vol. 29(Q I), pages 32-49.

    Cited by:

    1. Philip Jung & Keith Kuester, 2008. "The (un)importance of unemployment fluctuations for welfare," Working Papers 08-31, Federal Reserve Bank of Philadelphia.
    2. Olivier Coibion & Yuriy Gorodnichenko & Johannes F. Wieland, 2010. "The Optimal Inflation Rate in New Keynesian Models," NBER Working Papers 16093, National Bureau of Economic Research, Inc.
    3. Ravi Bansal & Marcelo Ochoa, 2011. "Welfare Costs of Long-Run Temperature Shifts," NBER Working Papers 17574, National Bureau of Economic Research, Inc.
    4. Jung, Philip & Kuester, Keith, 2011. "The (un)importance of unemployment fluctuations for the welfare cost of business cycles," Journal of Economic Dynamics and Control, Elsevier, vol. 35(10), pages 1744-1768, October.
    5. Thomas M. Mertens & Tarek A. Hassan, 2010. "The Social Cost of Near-Rational Investment," 2010 Meeting Papers 370, Society for Economic Dynamics.
    6. Oreopoulos, Philip & Wachter, Till von & Heisz, Andrew, 2008. "The Short- and Long-Term Career Effects of Graduating in a Recession: Hysteresis and Heterogeneity in the Market for College Graduates," IZA Discussion Papers 3578, Institute of Labor Economics (IZA).
    7. Fischer, Carolyn & Springborn, Michael R., 2009. "Emissions Targets and the Real Business Cycle: Intensity Targets versus Caps or Taxes," RFF Working Paper Series dp-09-47, Resources for the Future.
    8. Tervala, Juha, 2021. "Hysteresis and the welfare costs of recessions," Economic Modelling, Elsevier, vol. 95(C), pages 136-144.
    9. Houssa, Romain, 2013. "Uncertainty about welfare effects of consumption fluctuations," European Economic Review, Elsevier, vol. 59(C), pages 35-62.
    10. Berentsen, Aleksander & Waller, Christopher, 2015. "Optimal Stabilization Policy With Search Externalities," Macroeconomic Dynamics, Cambridge University Press, vol. 19(3), pages 669-700, April.
    11. Agnello, Luca & Sousa, Ricardo M., 2009. "The determinants of public deficit volatility," Working Paper Series 1042, European Central Bank.
    12. D'Orlando, Fabio & Ferrante, Francesco, 2015. "The benefits of stabilization policies revisited," MPRA Paper 67321, University Library of Munich, Germany.
    13. Hotchkiss, Julie L. & Moore, Robert E. & Rios-Avila, Fernando, 2020. "Cost of policy choices: A microsimulation analysis of the impact on family welfare of unemployment and price changes," Journal of Macroeconomics, Elsevier, vol. 63(C).
    14. Juan Carlos Cordoba & Genevieve Verdier, 2005. "Lucas vs. Lucas: On Inequality and Growth," Macroeconomics 0511021, University Library of Munich, Germany.
    15. Fernando Barros & Fabio Gomes & Andre Luduvice, 2021. "The Welfare Costs of Business Cycles Unveiled: Measuring the Extent of Stabilization Policies," Working Papers 21-14R2, Federal Reserve Bank of Cleveland, revised 02 Mar 2023.
    16. David Wilcox, 2005. "Discussion of 'What Caused the Decline in US Business Cycle Volatility?'," RBA Annual Conference Volume (Discontinued), in: Christopher Kent & David Norman (ed.),The Changing Nature of the Business Cycle, Reserve Bank of Australia.
    17. Adam Elbourne & Debby Lanser & Bert Smid & Martin Vromans, 2008. "Macroeconomic resilience in a DSGE model," CPB Discussion Paper 96, CPB Netherlands Bureau for Economic Policy Analysis.
    18. Córdoba, Juan Carlos & Verdier, Geneviève, 2008. "Inequality and growth: Some welfare calculations," Journal of Economic Dynamics and Control, Elsevier, vol. 32(6), pages 1812-1829, June.
    19. Yılmaz, Oğuzhan, 2024. "Financial development and declining growth volatility: Explanations and an empirical study with the latest FD index," Structural Change and Economic Dynamics, Elsevier, vol. 70(C), pages 457-470.
    20. Barros, Fernando & Couto, Gabriel T. & Gomes, Fábio A.R., 2023. "On the welfare costs of business cycles: Beyond nondurable goods," Journal of Macroeconomics, Elsevier, vol. 78(C).
    21. Projektgruppe Gemeinschaftsdiagnose, 2013. "Deutsche Konjunktur erholt sich – Wirtschaftspolitik stärker an der langen Frist ausrichten," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 66(08), pages 03-77, April.
    22. Thomas Beissinger, 2006. "Neue Anforderungen an eine gesamtwirtschaftliche Stabilisierung," Diskussionspapiere aus dem Institut für Volkswirtschaftslehre der Universität Hohenheim 277/2006, Department of Economics, University of Hohenheim, Germany.

  20. Gadi Barlevy, 2005. "Why don't recessions encourage more R&D spending?," Chicago Fed Letter, Federal Reserve Bank of Chicago, issue Nov.

    Cited by:

    1. Lilien, Gary L. & Srinivasan, Raji, 2010. "Marketing spending strategy in recessions," Australasian marketing journal, Elsevier, vol. 18(3), pages 181-182.
    2. Christian Rammer, 2011. "Auswirkungen der Wirtschaftskrise auf die Innovationstätigkeit der Unternehmen in Deutschland," Vierteljahrshefte zur Wirtschaftsforschung / Quarterly Journal of Economic Research, DIW Berlin, German Institute for Economic Research, vol. 80(3), pages 13-34.
    3. Patrick Fracois & Huw Lloyd-Ellis, 2006. "Intrinsic Business Cycles With Pro-cyclical R&d," Working Paper 1102, Economics Department, Queen's University.

  21. Gadi Barlevy, 2004. "The Cost of Business Cycles Under Endogenous Growth," American Economic Review, American Economic Association, vol. 94(4), pages 964-990, September.
    See citations under working paper version above.
  22. Barlevy, Gadi, 2003. "Credit market frictions and the allocation of resources over the business cycle," Journal of Monetary Economics, Elsevier, vol. 50(8), pages 1795-1818, November.

    Cited by:

    1. Farboodi, Maryam & Kondor, Péter, 2023. "Cleansing by tight credit: Rational cycles and endogenous lending standards," Journal of Financial Economics, Elsevier, vol. 150(1), pages 46-67.
    2. Luis Araujo & Raoul Minetti, 2012. "Credit Crunches, Asset Prices and Technological Change," Working Papers CASMEF 1204, Dipartimento di Economia e Finanza, LUISS Guido Carli.
    3. Vlieghe, Gertjan W, 2007. "Imperfect credit markets: implications for monetary policy," MPRA Paper 12957, University Library of Munich, Germany.
    4. Gonzalo Paz Pardo, 2016. "Productivity in Europe during the Great Recession: Any evidence for creative destruction?," European Journal of Government and Economics, Europa Grande, vol. 5(2), pages 82-103, December.
    5. Rioja, Felix & Rios-Avila, Fernando & Valev, Neven, 2017. "Productivity during recessions with banking crises: Inter-Industry evidence," Economics Letters, Elsevier, vol. 152(C), pages 50-53.
    6. Saini, Seema & Ahmad, Wasim, 2024. "Credit creation, credit destruction and credit reallocation: Firm-level evidence from India," Journal of Asian Economics, Elsevier, vol. 92(C).
    7. Stijn Claessens & M Ayhan Kose, 2018. "Frontiers of macrofinancial linkages," BIS Papers, Bank for International Settlements, number 95.
    8. Mayer, Eric & Rüth, Sebastian & Scharler, Johann, 2016. "Total factor productivity and the propagation of shocks: Empirical evidence and implications for the business cycle," Journal of Macroeconomics, Elsevier, vol. 50(C), pages 335-346.
    9. Enisse Kharroubi, 2022. "Growth expectations and the dynamics of firm entry," BIS Working Papers 1036, Bank for International Settlements.
    10. Pilar Muñoz-Dueñas & Manuel Meijide-Vecino & Jesús F. Lampón & Antonio Vaamonde-Liste, 2024. "Do crises Really Catalyze Creative Destruction? A Critical Reflection on Firm Survival," SAGE Open, , vol. 14(2), pages 21582440241, June.
    11. Min Ouyang, 2005. "The Scarring Effect of Recessions," Working Papers 050609, University of California-Irvine, Department of Economics.
    12. Mary Hallward-Driemeier & Bob Rijkers, 2013. "Do Crises Catalyze Creative Destruction? Firm-level Evidence from Indonesia," The Review of Economics and Statistics, MIT Press, vol. 95(5), pages 1788-1810, December.
    13. Carlos Casacuberta & Néstor Gandelman, 2015. "Productivity, Exit, and Crisis in the Manufacturing and Service Sectors," The Developing Economies, Institute of Developing Economies, vol. 53(1), pages 27-43, March.
    14. Uchida, Hirofumi, 2020. "Natural selection: A review of studies on firms’ exit and efficiency," MPRA Paper 103938, University Library of Munich, Germany.
    15. Lucia Foster & Cheryl Grim & John Haltiwanger, 2014. "Reallocation in the Great Recession: Cleansing or Not?," NBER Working Papers 20427, National Bureau of Economic Research, Inc.
    16. Juergen von Hagen & Haiping zhang, 2010. "International Capital Flows and Aggregate Output," Working Papers 10-2010, Singapore Management University, School of Economics.
    17. Daniel A. Dias & Carlos Robalo Marques, 2021. "Every Cloud Has a Silver Lining: Cleansing Effects of the Portuguese Financial Crisis," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 83(2), pages 352-376, April.
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    Cited by:

    1. Leena Rudanko, 2008. "Aggregate and Idiosyncratic Risk in a Frictional Labor Market," Boston University - Department of Economics - Working Papers Series wp2008-009, Boston University - Department of Economics.
    2. Christopher A. Pissarides, 2007. "Unemployment And Hours Of Work: The North Atlantic Divide Revisited," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 48(1), pages 1-36, February.
    3. Lei Fang & Pedro Silos, 2012. "Wages and unemployment across business cycles: a high-frequency investigation," FRB Atlanta Working Paper 2012-16, Federal Reserve Bank of Atlanta.
    4. Mark Gertler & Christopher Huckfeldt & Antonella Trigari, 2016. "Unemployment Fluctuations, Match Quality, and the Wage Cyclicality of New Hires," NBER Working Papers 22341, National Bureau of Economic Research, Inc.
    5. Silke Anger, 2007. "The Cyclicality of Effective Wages within Employer-Employee Matches: Evidence from German Panel Data," SOEPpapers on Multidisciplinary Panel Data Research 34, DIW Berlin, The German Socio-Economic Panel (SOEP).
    6. Kamil Galuscak & Mary Keeney & Daphne Nicolitsas & Frank Smets & Pawel Strzelecki & Matija Vodopivec, 2009. "The Determination of Wages of Newly Hired Employees: Survey Evidence on Internal versus External Factors," Working Papers 2009/5, Czech National Bank.
    7. Michael Ellington & Chris Martin & Bingsong Wang, 2024. "Revisiting Real Wage Rigidity," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 56(2-3), pages 613-626, March.
    8. Park, Seonyoung & Shin, Donggyun, 2020. "Welfare consequences of rising wage risk in the United States: Self-selection into risky jobs and family labor supply adjustments," Working Paper Series 20888, Victoria University of Wellington, School of Economics and Finance.
    9. Darius Lakdawalla & Tomas Philipson, 2007. "Labor Supply and Weight," Journal of Human Resources, University of Wisconsin Press, vol. 42(1).
    10. Mark Gertler & Antonella Trigari, 2006. "Unemployment Fluctuations with Staggered Nash Wage Bargaining," Computing in Economics and Finance 2006 525, Society for Computational Economics.
    11. Haefke, Christian & van Rens, Thijs & Sonntag, Marcus, 2012. "Wage Rigidity and Job Creation," CEPR Discussion Papers 8968, C.E.P.R. Discussion Papers.
    12. Summerfield, Fraser, 2014. "Labor Market Conditions, Skill Requirements and Education Mismatch," CLSSRN working papers clsrn_admin-2014-19, Vancouver School of Economics, revised 28 Apr 2014.
    13. Anger, Silke, 2011. "The cyclicality of effective wages within employer–employee matches in a rigid labor market," Labour Economics, Elsevier, vol. 18(6), pages 786-797.
    14. Martins, Pedro S., 2007. "Heterogeneity in Real Wage Cyclicality," IZA Discussion Papers 2929, Institute of Labor Economics (IZA).
    15. Christopher A. Pissarides, 2009. "The Unemployment Volatility Puzzle: Is Wage Stickiness the Answer?," Econometrica, Econometric Society, vol. 77(5), pages 1339-1369, September.
    16. Andrew Figura, 2006. "Explaining cyclical movements in employment: creative destruction or changes in utilization," Finance and Economics Discussion Series 2006-23, Board of Governors of the Federal Reserve System (U.S.).
    17. Oliver Ruf, 2008. "Effects of Firm Size and Business Cycle on Earning Losses of Displaced Workers," IEW - Working Papers 366, Institute for Empirical Research in Economics - University of Zurich.
    18. Shigeru Fujita & Garey Ramey, 2006. "The cyclicality of job loss and hiring," Working Papers 06-17, Federal Reserve Bank of Philadelphia.
    19. Lydon, Reamonn & Lozej, Matija, 2016. "Flexibility of new hires' earnings in Ireland," Research Technical Papers 06/RT/16, Central Bank of Ireland.
    20. Donggyun Shin & Kwanho Shin, 2003. "Why Are The Wages of Job Stayers Procyclical?," ISER Discussion Paper 0573, Institute of Social and Economic Research, The University of Osaka.
    21. Camilo Morales-Jimenez, 2017. "The Cyclical Behavior of Unemployment and Wages under Information Frictions," 2017 Meeting Papers 366, Society for Economic Dynamics.
    22. Anabela Carneiro & Paulo Guimaraes & Pedro Portugal, 2009. "Real Wages and the Business Cycle: Accounting for Worker and Firm Heterogeneity," CEF.UP Working Papers 0903, Universidade do Porto, Faculdade de Economia do Porto.
    23. Elías Albagli & Gabriela Contreras & Matías Tapia & Juan M. Wlasiuk, 2021. "Earnings Cyclicality of New and Continuing Jobs: The Role of Tenure and Transition Length," Working Papers Central Bank of Chile 903, Central Bank of Chile.
    24. Naercio Menezes-Filho, 2004. "The Costs of Displacement in Brazil," Econometric Society 2004 Latin American Meetings 200, Econometric Society.
    25. Carneiro, Anabela & Portugal, Pedro, 2007. "Workers’ Flows and Real Wage Cyclicality," IZA Discussion Papers 2604, Institute of Labor Economics (IZA).
    26. Mário Centeno, 2002. "The Match Quality Gains from Unemployment Insurance," Working Papers w200209, Banco de Portugal, Economics and Research Department.
    27. Daniel Martin & Olivier Pierrard, 2011. "On-the-job Search and Cyclical Unemployment: Crowding Out vs. Vacancy Effects," BCL working papers 64, Central Bank of Luxembourg.
    28. Andrew Figura, 2006. "Explaining Cyclical Movements in Employment: Creative-Destruction or Changes in Utilization?," Working Papers 06-25, Center for Economic Studies, U.S. Census Bureau.
    29. Figura, Andrew, 2009. "Explaining cyclical movements in employment: Creative-destruction or changes in utilization?," Labour Economics, Elsevier, vol. 16(4), pages 429-439, August.
    30. Mário Centeno, 2004. "The Match Quality Gains from Unemployment Insurance," Journal of Human Resources, University of Wisconsin Press, vol. 39(3).
    31. Peng, Fei & Siebert, W. Stanley, 2006. "Real Wage Cyclicality in Italy," IZA Discussion Papers 2465, Institute of Labor Economics (IZA).
    32. Fei Peng & Sajid Anwar & Lili Kang, 2020. "Job Movement and Real Wage Flexibility in Eastern and Western Parts of Germany," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 44(4), pages 764-789, October.
    33. Black, Ines & Figueiredo, Ana, 2024. "The Illusion of Cyclicality in Entry Wages," IZA Discussion Papers 17189, Institute of Labor Economics (IZA).
    34. Paul J. Devereux, 2004. "Cyclical Quality Adjustment in the Labor Market," Southern Economic Journal, John Wiley & Sons, vol. 70(3), pages 600-615, January.

  26. Gadi Barlevy & Pietro Veronesi, 2000. "Information Acquisition in Financial Markets," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 67(1), pages 79-90.
    See citations under working paper version above.

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