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Fabrice Collard

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. Fabrice Collard & Omar Licandro, 2021. "The Neoclassical Model and the Welfare Costs of Selection," CESifo Working Paper Series 9249, CESifo.

    Mentioned in:

    1. The Neoclassical Model and the Welfare Costs of Selection
      by Christian Zimmermann in NEP-DGE blog on 2021-09-16 17:22:47
    2. The Neoclassical Model and the Welfare Costs of Selection
      by Christian Zimmermann in NEP-DGE blog on 2021-10-08 15:07:30
  2. Collard, Fabrice & Boissay, Frédéric & Galì, Jordi & Manea, Cristina, 2021. "Monetary Policy and Endogenous Financial Crises," TSE Working Papers 21-1277, Toulouse School of Economics (TSE), revised Apr 2023.

    Mentioned in:

    1. Monetary Policy and Endogenous Financial Crises
      by Christian Zimmermann in NEP-DGE blog on 2022-02-06 04:40:28
  3. Collard, Fabrice & Licandro, Omar, 2021. "The Neoclassical Model and the Welfare Costs of Selection," TSE Working Papers 21-1246, Toulouse School of Economics (TSE).

    Mentioned in:

    1. The Neoclassical Model and the Welfare Costs of Selection
      by Christian Zimmermann in NEP-DGE blog on 2021-09-16 17:22:47
    2. The Neoclassical Model and the Welfare Costs of Selection
      by Christian Zimmermann in NEP-DGE blog on 2021-10-08 15:07:30
  4. Matthew Canzoneri & Fabrice Collard & Harris Dellas & Behzad Diba, 2012. "Fiscal Multipliers in Recessions," Diskussionsschriften dp1204, Universitaet Bern, Departement Volkswirtschaft.

    Mentioned in:

    1. Fiscal Multipliers in Recessions
      by Christian Zimmermann in NEP-DGE blog on 2012-05-11 20:39:15
    2. Multiplicadores Fiscales Durante la Recesión
      by Alejandro Villagomez in Tintero Económico Diario on 2012-05-14 02:21:00
  5. Fabrice Collard & Sujoy Mukerji & Kevin Sheppard & Jean-Marc Tallon, 2016. "Ambiguity and the historical equity premium," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00594096, HAL.

    Mentioned in:

    1. Ambiguity and the historical equity premium
      by Christian Zimmermann in NEP-DGE blog on 2011-06-01 19:15:29
  6. Paul Beaudry & Fabrice Collard, 2002. "Why has the Employment-Productivity Tradeoff among Industrialized Countries been so strong?," NBER Working Papers 8754, National Bureau of Economic Research, Inc.

    Mentioned in:

    1. The Short-Run Costs of Labor market Liberalization
      by Mark Thoma in Economist's View on 2008-04-16 03:51:29

RePEc Biblio mentions

As found on the RePEc Biblio, the curated bibliography of Economics:
  1. Collard, Fabrice & Hellwig, Christian & Assenza, Tiziana & Kankanamge, Sumudu & Dupaigne, Martial & Werquin, Nicolas & Feve, Patrick, 2020. "The Hammer and the Dance: Equilibrium and Optimal Policy during a Pandemic Crisis," CEPR Discussion Papers 14731, C.E.P.R. Discussion Papers.

    Mentioned in:

    1. > Economics of Welfare > Health Economics > Economics of Pandemics > Specific pandemics > Covid-19 > Economic policy > Policy trade-offs

Wikipedia or ReplicationWiki mentions

(Only mentions on Wikipedia that link back to a page on a RePEc service)
  1. Fabrice Collard & Patrick Fève & François Langot & Corinne Perraudin, 2002. "A structural model of US aggregate job flows," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 17(3), pages 197-223.

    Mentioned in:

    1. A structural model of US aggregate job flows (Journal of Applied Econometrics 2002) in ReplicationWiki ()

Working papers

  1. José Frederic Boissay & Fabrice Collard & Jordi Galí & Cristina Manea, 2022. "Monetary policy and endogenous financial crises," BIS Working Papers 991, Bank for International Settlements.

    Cited by:

    1. Grimm, Maximilian & Jordà , Òscar & Schularick, Moritz & Taylor, Alan M., 2023. "Loose monetary policy and financial instability," CEPR Discussion Papers 17896, C.E.P.R. Discussion Papers.
    2. Frederic Boissay & Fabrice Collard & Cristina Manea & Adam Shapiro, 2023. "Monetary tightening, inflation drivers and financial stress," BIS Working Papers 1155, Bank for International Settlements.
    3. Jiménez, Gabriel & Kuvshinov, Dmitry & Peydro, Jose-Luis & Richter, Björn, 2022. "Monetary policy, inflation, and crises: New evidence from history and administrative data," CEPR Discussion Papers 17761, C.E.P.R. Discussion Papers.
    4. Adam Hale Shapiro, "undated". "Decomposing Supply and Demand Driven Inflation," RBA Annual Conference Papers acp2023-03, Reserve Bank of Australia, revised Nov 2023.
    5. Brini, Alessio & Tedeschi, Gabriele & Tantari, Daniele, 2023. "Reinforcement learning policy recommendation for interbank network stability," Journal of Financial Stability, Elsevier, vol. 67(C).
    6. Chavleishvili, Sulkhan & Kremer, Manfred & Lund-Thomsen, Frederik, 2023. "Quantifying financial stability trade-offs for monetary policy: a quantile VAR approach," Working Paper Series 2833, European Central Bank.
    7. Alex Ilek & Nimrod Cohen, 2023. "Semi-Structural Model with Household Debt for Israel," Bank of Israel Working Papers 2023.03, Bank of Israel.
    8. Iñaki Aldasoro & Stefan Avdjiev & Claudio Borio & Piti Disyatat, 2023. "Global and Domestic Financial Cycles: Variations on a Theme," International Journal of Central Banking, International Journal of Central Banking, vol. 19(5), pages 49-98, December.
    9. Ernst Baltensperger, 2023. "The return of inflation," Swiss Journal of Economics and Statistics, Springer;Swiss Society of Economics and Statistics, vol. 159(1), pages 1-18, December.
    10. Thore Kockerols & Erling Motzfeldt Kravik & Yasin Mimir, 2021. "Leaning against persistent financial cycles with occasional crises," Working Paper 2021/11, Norges Bank.
    11. Krenz, Johanna & Živanović, Jelena, 2024. "Macroprudential capital requirements, monetary policy, and financial crises," Economic Modelling, Elsevier, vol. 139(C).
    12. Hempell, Hannah S. & Silva, Fatima & Scalone, Valerio & Cornacchia, Wanda & Di Virgilio, Domenica & Palligkinis, Spyros & Velez, Anatoli Segura & Borkó, Tamás & Espic, Aurélien & Garcia, Salomón & Hei, 2024. "Implications of higher inflation and interest rates for macroprudential policy stance," Occasional Paper Series 358, European Central Bank.
    13. Mandeya Shelton M.T & Ho Sin-Yu, 2022. "Inflation, Inflation Uncertainty and the Economic Growth Nexus: A Review of the Literature," Folia Oeconomica Stetinensia, Sciendo, vol. 22(1), pages 172-190, June.
    14. Aur lien Espic & Lisa Kerdelhu & Julien Matheron, 2024. "Capital Requirements in Light of Monetary Tightening," Working papers 947, Banque de France.
    15. Gadi Barlevy, 2022. "On Speculative Frenzies and Stabilization Policy," Working Paper Series WP 2022-35, Federal Reserve Bank of Chicago.
    16. Adam Hale Shapiro, 2022. "Decomposing Supply and Demand Driven Inflation," Working Paper Series 2022-18, Federal Reserve Bank of San Francisco.
    17. Lebedeva Larysa & Shkuropadska Diana, 2023. "Turnover in EU Monetary Policy in a Crisis," Economics, Sciendo, vol. 11(1), pages 177-194, June.

  2. Fabrice Collard & Omar Licandro, 2021. "The Neoclassical Model and the Welfare Costs of Selection," CESifo Working Paper Series 9249, CESifo.

    Cited by:

    1. Andrea Lanteri & Eugene Tan & Pamela Medina, 2019. "Capital-Reallocation Frictions and Trade Shocks," 2019 Meeting Papers 1078, Society for Economic Dynamics.

  3. Collard, Fabrice & Hellwig, Christian & Assenza, Tiziana & Kankanamge, Sumudu & Dupaigne, Martial & Werquin, Nicolas & Feve, Patrick, 2020. "The Hammer and the Dance: Equilibrium and Optimal Policy during a Pandemic Crisis," CEPR Discussion Papers 14731, C.E.P.R. Discussion Papers.

    Cited by:

    1. Severin Reissl & Alessandro Caiani & Francesco Lamperti & Mattia Guerini & Fabio Vanni & Giorgio Fagiolo & Tommaso Ferraresi & Leonardo Ghezzi & Mauro Napoletano & Andrea Roventini, 2021. "Assessing the economic impact of lockdowns in Italy: a computational input-output approach," SciencePo Working papers Main hal-03373672, HAL.
    2. Aditya Goenka & Lin Liu & Manh-Hung Nguyen, 2021. "SIR Economic Epidemiological Models with Disease Induced Mortality," Working Papers 202103, University of Liverpool, Department of Economics.
    3. Lee, Sang Yoon (Tim) & Aum, Sangmin & Shin, Yongseok, 2020. "Who Should Work from Home during a Pandemic? The Wage-Infection Trade-off," CEPR Discussion Papers 15332, C.E.P.R. Discussion Papers.
    4. Facundo Piguillem & Liyan Shi, 2020. "Optimal COVID-19 Quarantine and Testing Policies," EIEF Working Papers Series 2004, Einaudi Institute for Economics and Finance (EIEF), revised Apr 2020.
    5. Sewon Hur, 2023. "The Distributional Effects Of Covid‐19 And Optimal Mitigation Policies," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 64(1), pages 261-294, February.
    6. Epp, Markus & Jäger, Marius, 2021. "Network Exposure in the Propagation of the COVID-19 Pandemic," VfS Annual Conference 2021 (Virtual Conference): Climate Economics 242465, Verein für Socialpolitik / German Economic Association.
    7. David E. Bloom & Michael Kuhn & Klaus Prettner, 2022. "Modern Infectious Diseases: Macroeconomic Impacts and Policy Responses," Journal of Economic Literature, American Economic Association, vol. 60(1), pages 85-131, March.
    8. van Wijnbergen, Sweder, 2021. "Lockdowns as options," CEPR Discussion Papers 16112, C.E.P.R. Discussion Papers.
    9. Emanuel Ornelas, 2020. "Lockdown 101: Managing Economic Lockdowns in an Epidemic," CESifo Working Paper Series 8455, CESifo.
    10. Salanié, François & Liski, Matti, 2020. "Catastrophes, delays, and learning," TSE Working Papers 20-1148, Toulouse School of Economics (TSE).
    11. Carnehl, Christoph & Fukuda, Satoshi & Kos, Nenad, 2023. "Epidemics with behavior," Journal of Economic Theory, Elsevier, vol. 207(C).
    12. Francesco Flaviano Russo, 2023. "Epidemics and policy: the dismal trade-offs," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 40(2), pages 561-588, July.
    13. Severin Reissl & Alessandro Caiani & Francesco Lamperti & Mattia Guerini & Fabio Vanni & Giorgio Fagiolo & Tommaso Ferraresi & Leonardo Ghezzi & Mauro Napoletano & Andrea Roventini, 2021. "Assessing the economic effects of lockdowns in Italy: a computational Input-Output approach," LEM Papers Series 2021/03, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    14. von Thadden, Ernst-Ludwig & Acharya, Viral & Jiang, Zhengyang & Richmond, Robert, 2021. "Divided we Fall: International Health and Trade Coordination during a Pandemic," CEPR Discussion Papers 15649, C.E.P.R. Discussion Papers.
    15. Pierre Dubois & Thierry Magnac, 2024. "Optimal Intertemporal Curative Drug Expenses: The Case of Hepatitis C in France," Post-Print hal-04501256, HAL.
    16. Pollinger, Stefan, 2020. "Optimal Case Detection and Social Distancing Policies to Suppress COVID-19," TSE Working Papers 20-1109, Toulouse School of Economics (TSE).
    17. Iyke, Bernard Njindan & Maheepala, M.M.J.D., 2022. "Conventional monetary policy, COVID-19, and stock markets in emerging economies," Pacific-Basin Finance Journal, Elsevier, vol. 76(C).
    18. Toxvaerd, Flavio, 2024. "Contacts, altruism and competing externalities," European Economic Review, Elsevier, vol. 167(C).
    19. Francesco Flaviano Russo, 2020. "Epidemics and Policy: The Dismal Trade-off," CSEF Working Papers 570, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
    20. Eric Budish, 2020. "Maximize Utility subject to R≤1: A Simple Price-Theory Approach to Covid-19 Lockdown and Reopening Policy," NBER Working Papers 28093, National Bureau of Economic Research, Inc.
    21. Toxvaerd, Flavio, 2021. "Contacts, Altruism and Competing Externalities," CEPR Discussion Papers 15903, C.E.P.R. Discussion Papers.
    22. Francesco Flaviano Russo, 2020. "Testing Policies During an Epidemic," CSEF Working Papers 591, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
    23. Michael König & Adalbert Winkler, 2021. "The impact of government responses to the COVID-19 pandemic on GDP growth: Does strategy matter?," PLOS ONE, Public Library of Science, vol. 16(11), pages 1-16, November.
    24. Vasiliki Dimakopoulou & George Economides & Apostolis Philippopoulos, 2021. "The ECB's Policy, the Recovery Fund and the Importance of Trust: The Case of Greece," CESifo Working Paper Series 9371, CESifo.
    25. Etienne Farvaque & Hira Iqbal & Nicolas Ooghe, 2020. "Health politics? Determinants of US states’ reactions to COVID-19," Post-Print hal-03128875, HAL.
    26. Domenico Delli Gatti & Severin Reissl, 2020. "ABC: An Agent Based Exploration of the Macroeconomic Effects of Covid-19," CESifo Working Paper Series 8763, CESifo.
    27. David Vidal-Tomás & Rocco Caferra & Gabriele Tedeschi, 2022. "The day after tomorrow: financial repercussions of COVID-19 on systemic risk," Review of Evolutionary Political Economy, Springer, vol. 3(1), pages 169-192, April.

  4. Sumru Altug & Cem Cakmakli & Fabrice Collard & Sujoy Mukerji & Han Ozsoylev, 2020. "Online Appendix to "Ambiguous Business Cycles: A Quantitative Assessment"," Online Appendices 19-269, Review of Economic Dynamics.

    Cited by:

    1. Carbonari, Lorenzo & Maurici, Filippo, 2023. "Firm heterogeneity, financial frictions and ambiguity," Journal of Economic Dynamics and Control, Elsevier, vol. 155(C).
    2. Hening Liu & Yuzhao Zhang, 2022. "Financial Uncertainty with Ambiguity and Learning," Management Science, INFORMS, vol. 68(3), pages 2120-2140, March.
    3. Cosmin L. Ilut & Martin Schneider, 2022. "Modeling Uncertainty as Ambiguity: a Review," NBER Working Papers 29915, National Bureau of Economic Research, Inc.
    4. Mao, Jie & Shen, Guanxiong & Yan, Jingzhou, 2023. "A continuous-time macro-finance model with Knightian uncertainty," Pacific-Basin Finance Journal, Elsevier, vol. 77(C).
    5. Giulia Piccillo & Poramapa Poonpakdee, 2021. "Effects of Macro Uncertainty on Mean Expectation and Subjective Uncertainty: Evidence from Households and Professional Forecasters," CESifo Working Paper Series 9486, CESifo.
    6. Christoph Bühren & Fabian Meier & Marco Pleßner, 2023. "Ambiguity aversion: bibliometric analysis and literature review of the last 60 years," Management Review Quarterly, Springer, vol. 73(2), pages 495-525, June.
    7. Riccardo Rebonato & Riccardo Ronzani & Lionel Melin, 2023. "Robust management of climate risk damages," Risk Management, Palgrave Macmillan, vol. 25(3), pages 1-43, September.
    8. Marco Carli, 2025. "Green Ambiguity," CEIS Research Paper 591, Tor Vergata University, CEIS, revised 05 Feb 2025.
    9. Giulia Piccillo & Poramapa Poonpakdee, 2023. "Ambiguous Business Cycles, Recessions and Uncertainty: A Quantitative Analysis," CESifo Working Paper Series 10646, CESifo.
    10. Chiaki Hara & Toshiki Honda, 2022. "Implied Ambiguity: Mean-Variance Inefficiency and Pricing Errors," Management Science, INFORMS, vol. 68(6), pages 4246-4260, June.

  5. George-Marios Angeletos & Fabrice Collard & Harris Dellas, 2020. "Business-Cycle Anatomy," Post-Print hal-03039252, HAL.

    Cited by:

    1. Domenico Giannone & Michele Lenza & Lucrezia Reichlin, 2019. "Money, Credit, Monetary Policy, and the Business Cycle in the Euro Area: What Has Changed Since the Crisis?," International Journal of Central Banking, International Journal of Central Banking, vol. 15(5), pages 137-173, December.
    2. Cosmin L. Ilut & Hikaru Saijo, 2016. "Learning, Confidence, and Business Cycles," NBER Working Papers 22958, National Bureau of Economic Research, Inc.
    3. Ye Lu & Adrian Pagan, 2023. "To Boost or Not to Boost? That is the Question," Working Papers 2023-05, University of Sydney, School of Economics.
    4. Moench, Emanuel & Soofi-Siavash, Soroosh, 2022. "What moves treasury yields?," Journal of Financial Economics, Elsevier, vol. 146(3), pages 1016-1043.
    5. Daragh Clancy & Lorenzo Ricci, 2019. "Loss aversion, economic sentiments and international consumption smoothing," Working Papers 35, European Stability Mechanism.
    6. Ángelo Gutiérrez-Daza, 2024. "Business Cycles when Consumers Learn by Shopping," Working Papers 2024-12, Banco de México.
    7. Dieppe, Alistair & Francis, Neville & Kindberg-Hanlon, Gene, 2021. "The identification of dominant macroeconomic drivers: coping with confounding shocks," Working Paper Series 2534, European Central Bank.
    8. George J. Bratsiotis & Konstantinos Theodoridis, 2020. "Precautionary Liquidity Shocks, Excess Reserves and Business Cycles," Economics Discussion Paper Series 2014, Economics, The University of Manchester.
    9. Molnárová, Zuzana & Reiter, Michael, 2022. "Technology, demand, and productivity: What an industry model tells us about business cycles," Journal of Economic Dynamics and Control, Elsevier, vol. 134(C).
    10. Christian Matthes & Felipe Schwartzman, 2019. "The Demand Origins of Business Cycles," 2019 Meeting Papers 1122, Society for Economic Dynamics.
    11. Gianluca Cubadda & Marco Mazzali, 2024. "The vector error correction index model: representation, estimation and identification," The Econometrics Journal, Royal Economic Society, vol. 27(1), pages 126-150.
    12. Christoph Görtz & Christopher Gunn & Thomas A. Lubik, 2024. "The Changing Nature of Technology Shocks," CESifo Working Paper Series 11385, CESifo.
    13. Hyeongwoo Kim & Shuwei Zhang, 2022. "Policy Coordination and the Effectiveness of Fiscal Stimulus," Auburn Economics Working Paper Series auwp2022-01, Department of Economics, Auburn University.
    14. Pintér, Gábor, 2022. "The procyclicality of inflation-linked debt," Economics Letters, Elsevier, vol. 218(C).
    15. Canova, Fabio & Ferroni, Filippo, 2020. "A hitchhiker guide to empirical macro models," CEPR Discussion Papers 15446, C.E.P.R. Discussion Papers.
    16. Manuel M. F. Martins & Fabio Verona, 2024. "Forecasting Inflation with the New Keynesian Phillips Curve: Frequencies Matter," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 86(4), pages 811-832, August.
    17. Iovino, Luigi & Angeletos, George-Marios & La'O, Jennifer, 2020. "Learning over the Business Cycle: Policy Implications," CEPR Discussion Papers 14577, C.E.P.R. Discussion Papers.
    18. Cimadomo, Jacopo & Giannone, Domenico & Lenza, Michele & Monti, Francesca & Sokol, Andrej, 2022. "Nowcasting with large Bayesian vector autoregressions," Journal of Econometrics, Elsevier, vol. 231(2), pages 500-519.
    19. Ryan Chahrour & Vito Cormun & Pierre De Leo & Pablo A. Guerrón-Quintana & Rosen Valchev, 2024. "Exchange Rate Disconnect Revisited," NBER Working Papers 32596, National Bureau of Economic Research, Inc.
    20. Francesco Furlanetto & Antoine Lepetit & Ørjan Robstad & Juan F. Rubio-Ramirez & Pål Ulvedal, 2021. "Estimating Hysteresis Effects," Finance and Economics Discussion Series 2021-059, Board of Governors of the Federal Reserve System (U.S.).
    21. Iseringhausen, Martin & Petrella, Ivan & Theodoridis, Konstantinos, 2021. "Aggregate Skewness and the Business Cycle," Cardiff Economics Working Papers E2021/30, Cardiff University, Cardiff Business School, Economics Section.
    22. Angela Capolongo & Claudia Pacella, 2019. "Forecasting inflation in the euro area: countries matter!," Temi di discussione (Economic working papers) 1224, Bank of Italy, Economic Research and International Relations Area.
    23. Clancy, Daragh & Ricci, Lorenzo, 2022. "Economic sentiments and international risk sharing," International Economics, Elsevier, vol. 169(C), pages 208-229.
    24. Kame Babilla, Thierry U., 2023. "Digital innovation and financial access for small and medium-sized enterprises in a currency union," Economic Modelling, Elsevier, vol. 120(C).
    25. Adams, Jonathan J., 2023. "Moderating noise-driven macroeconomic fluctuations under dispersed information," Journal of Economic Dynamics and Control, Elsevier, vol. 156(C).
    26. Ettore Gallo, 2021. "How Short is the Short Run in the Neo-Kaleckian Growth Model?," Working Papers 2117, New School for Social Research, Department of Economics.
    27. Gianluca Cubadda & Alain Hecq, 2022. "Dimension Reduction for High Dimensional Vector Autoregressive Models," CEIS Research Paper 534, Tor Vergata University, CEIS, revised 24 Mar 2022.
    28. Guido Ascari & Luca Fosso, 2021. "The Inflation Rate Disconnect Puzzle: On the International Component of Trend Inflation and the Flattening of the Phillips Curve," Working Papers 733, DNB.
    29. Lansing, Kevin J., 2024. "Replicating business cycles and asset returns with sentiment and low risk aversion," Journal of Economic Dynamics and Control, Elsevier, vol. 167(C).
    30. Antolín-Díaz, Juan & Drechsel, Thomas & Petrella, Ivan, 2024. "Advances in nowcasting economic activity: The role of heterogeneous dynamics and fat tails," Journal of Econometrics, Elsevier, vol. 238(2).
    31. Verbrugge, Randal & Zaman, Saeed, 2023. "The hard road to a soft landing: Evidence from a (modestly) nonlinear structural model," Energy Economics, Elsevier, vol. 123(C).
    32. Martin Iseringhausen & Konstantinos Theodoridis, 2025. "A survey-based measure of asymmetric macroeconomic risk in the euro area," Working Papers 68, European Stability Mechanism, revised 11 Feb 2025.
    33. Ascari, Guido & Fosso, Luca, 2024. "The international dimension of trend inflation," Journal of International Economics, Elsevier, vol. 148(C).
    34. Böhl, Gregor & Strobel, Felix, 2020. "US business cycle dynamics at the zero lower bound," Discussion Papers 65/2020, Deutsche Bundesbank.
    35. Karl Naumann-Woleske & Michael Benzaquen & Maxim Gusev & Dimitri Kroujiline, 2021. "Capital Demand Driven Business Cycles: Mechanism and Effects," Papers 2110.00360, arXiv.org, revised Sep 2022.
    36. Camilo Granados & Daniel Parra-Amado, 2023. "Estimating the Output Gap After COVID: How to Address Unprecedented Macroeconomic Variations," Borradores de Economia 1249, Banco de la Republica de Colombia.
    37. Danilo Cascaldi-Garcia, 2022. "Forecast Revisions as Instruments for News Shocks," International Finance Discussion Papers 1341, Board of Governors of the Federal Reserve System (U.S.).
    38. Cosmin L. Ilut & Martin Schneider, 2022. "Modeling Uncertainty as Ambiguity: a Review," NBER Working Papers 29915, National Bureau of Economic Research, Inc.
    39. Alban Moura, 2022. "Why you should never use the Hodrick-Prescott Filter: Comment," BCL working papers 162, Central Bank of Luxembourg.
    40. Randal Verbrugge & Saeed Zaman, 2024. "Post‐COVID inflation dynamics: Higher for longer," Journal of Forecasting, John Wiley & Sons, Ltd., vol. 43(4), pages 871-893, July.
    41. Becard, Yvan & Gauthier, David, 2023. "Banks, nonbanks, and business cycles," European Economic Review, Elsevier, vol. 154(C).
    42. Xu, Zhiwei & Zhou, Fei & Zhou, Jing, 2022. "Sentiments and real business cycles," Journal of Economic Dynamics and Control, Elsevier, vol. 141(C).
    43. Huo, Zhen & Pedroni, Marcelo, 2023. "Dynamic information aggregation: Learning from the past," Journal of Monetary Economics, Elsevier, vol. 136(C), pages 107-124.
    44. Di Casola, Paola & Sichlimiris, Spyridon, 2018. "Towards Technology-News-Driven Business Cycles," Working Paper Series 360, Sveriges Riksbank (Central Bank of Sweden).
    45. Dieppe, Alistair & Francis, Neville & Kindberg-Hanlon, Gene, 2021. "Technology and demand drivers of productivity dynamics in developed and emerging market economies," Working Paper Series 2533, European Central Bank.
    46. Gianluca Cubadda, 2024. "VAR models with an index structure: A survey with new results," Papers 2412.11278, arXiv.org.
    47. Thomas Drechsel, 2023. "Earnings-Based Borrowing Constraints and Macroeconomic Fluctuations," American Economic Journal: Macroeconomics, American Economic Association, vol. 15(2), pages 1-34, April.
    48. Dieppe, Alistair & Francis, Neville & Kindberg-Hanlon, Gene, 2021. "Technological and non-technological drivers of productivity dynamics in developed and emerging market economies," Journal of Economic Dynamics and Control, Elsevier, vol. 131(C).
    49. Chunbing Cai & Jordan Roulleau-Pasdeloup & Zhongxi Zheng, 2025. "Endogenous Persistence at the Effective Lower Bound," Papers 2501.06473, arXiv.org, revised Apr 2025.
    50. Nadav Ben Zeev, 2019. "Is There A Single Shock That Drives The Majority Of Business Cycle Fluctuations?," Working Papers 1906, Ben-Gurion University of the Negev, Department of Economics.
    51. Mumtaz, Haroon & Theophilopoulou, Angeliki, 2024. "The distributional effects of climate change. An empirical analysis," European Economic Review, Elsevier, vol. 169(C).
    52. Daniel Parra-Amado & Camilo Granados, 2025. "Output Gap Measurement after COVID for Colombia: Lessons from a Permanent-Transitory Approach," Borradores de Economia 1295, Banco de la Republica de Colombia.
    53. Christian Matthes & Felipe Schwartzman, 2019. "What Do Sectoral Dynamics Tell Us About the Origins of Business Cycles?," Working Paper 19-9, Federal Reserve Bank of Richmond.
    54. Salha Ben Salem & Moez Labidi, 2024. "Financial friction and optimal monetary policy: analysis of DSGE model with financial friction and price sticky," SN Business & Economics, Springer, vol. 4(7), pages 1-24, July.
    55. Wu, Jieran, 2022. "Comments on “Sentiments and real business cycles”," Journal of Economic Dynamics and Control, Elsevier, vol. 141(C).
    56. Christoph Gortz & Christopher Gunn & Thomas Lubik, 2022. "Split Personalities: The Changing Nature of Technology Shocks," Carleton Economic Papers 22-06, Carleton University, Department of Economics.
    57. Han, Zhao, 2024. "Asymmetric information and misaligned inflation expectations," Journal of Monetary Economics, Elsevier, vol. 143(C).
    58. Guay, Alain & Pelgrin, Florian, 2023. "Structural VAR models in the Frequency Domain," Journal of Econometrics, Elsevier, vol. 236(1).

  6. Sumru Altug & Fabrice Collard & Cem Çakmakli & Sujoy Mukerji & Han Özsöylev, 2020. "Ambiguous business cycles: a quantitative assessment," Post-Print hal-03039262, HAL.

    Cited by:

    1. Carbonari, Lorenzo & Maurici, Filippo, 2023. "Firm heterogeneity, financial frictions and ambiguity," Journal of Economic Dynamics and Control, Elsevier, vol. 155(C).
    2. Hening Liu & Yuzhao Zhang, 2022. "Financial Uncertainty with Ambiguity and Learning," Management Science, INFORMS, vol. 68(3), pages 2120-2140, March.
    3. Cosmin L. Ilut & Martin Schneider, 2022. "Modeling Uncertainty as Ambiguity: a Review," NBER Working Papers 29915, National Bureau of Economic Research, Inc.
    4. Mao, Jie & Shen, Guanxiong & Yan, Jingzhou, 2023. "A continuous-time macro-finance model with Knightian uncertainty," Pacific-Basin Finance Journal, Elsevier, vol. 77(C).
    5. Giulia Piccillo & Poramapa Poonpakdee, 2021. "Effects of Macro Uncertainty on Mean Expectation and Subjective Uncertainty: Evidence from Households and Professional Forecasters," CESifo Working Paper Series 9486, CESifo.
    6. Christoph Bühren & Fabian Meier & Marco Pleßner, 2023. "Ambiguity aversion: bibliometric analysis and literature review of the last 60 years," Management Review Quarterly, Springer, vol. 73(2), pages 495-525, June.
    7. Riccardo Rebonato & Riccardo Ronzani & Lionel Melin, 2023. "Robust management of climate risk damages," Risk Management, Palgrave Macmillan, vol. 25(3), pages 1-43, September.
    8. Marco Carli, 2025. "Green Ambiguity," CEIS Research Paper 591, Tor Vergata University, CEIS, revised 05 Feb 2025.
    9. Giulia Piccillo & Poramapa Poonpakdee, 2023. "Ambiguous Business Cycles, Recessions and Uncertainty: A Quantitative Analysis," CESifo Working Paper Series 10646, CESifo.
    10. Chiaki Hara & Toshiki Honda, 2022. "Implied Ambiguity: Mean-Variance Inefficiency and Pricing Errors," Management Science, INFORMS, vol. 68(6), pages 4246-4260, June.

  7. Collard, Fabrice & Dellas, Harris & Angeletos, George-Marios, 2020. "Public Debt as Private Liquidity: Optimal Policy," CEPR Discussion Papers 15488, C.E.P.R. Discussion Papers.

    Cited by:

    1. YiLi Chien & Yi Wen & HsinJung Wu, 2020. "Are Government Bonds Net Wealth or a Liability? ---Optimal Debt and Taxes in an OLG Model with Uninsurable Income Risk," Working Papers 2020-007, Federal Reserve Bank of St. Louis, revised 03 Jan 2021.
    2. Gersbach, Hans & Rochet, Jean-Charles & von Thadden, Ernst-Ludwig, 2023. "Public Debt and the Balance Sheet of the Private Sector," TSE Working Papers 23-1412, Toulouse School of Economics (TSE).
    3. Olivier J Blanchard, 2019. "Public Debt and Low Interest Rates," Working Paper Series WP19-4, Peterson Institute for International Economics.
    4. Mankart, Jochen & Priftis, Romanos & Oikonomou, Rigas, 2024. "The long and short of financing government spending," VfS Annual Conference 2024 (Berlin): Upcoming Labor Market Challenges 302414, Verein für Socialpolitik / German Economic Association.
    5. David Andolfatto & Fernando Martin, 2023. "Welfare-enhancing inflation and liquidity premia," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 51, pages 1036-1047, December.
    6. Mathieu Grobéty, 2017. "Government Debt and Growth: The Role of Liquidity," Working Papers 2017-13, Swiss National Bank.
    7. Marco Bassetto & Wei Cui, 2021. "A Ramsey theory of financial distortions," IFS Working Papers W21/05, Institute for Fiscal Studies.
    8. Sergeyev, Dmitriy & Mehrotra, Neil, 2020. "Debt Sustainability in a Low Interest Rate World," CEPR Discussion Papers 15282, C.E.P.R. Discussion Papers.
    9. Born, Benjamin & Bayer, Christian & Luetticke, Ralph, 2020. "The Liquidity Channel of Fiscal Policy," CEPR Discussion Papers 14883, C.E.P.R. Discussion Papers.
    10. YiLi Chien & Yi Wen, 2020. "Time-Inconsistent Optimal Quantity of Debt," Working Papers 2020-037, Federal Reserve Bank of St. Louis, revised 02 Sep 2021.
    11. Guillaume Plantin & Eric Mengus & Jean Barthelemy, 2022. "The Central Bank, the Treasury, or the Market: Which One Determines the Price Level?," Working Papers hal-03792094, HAL.
    12. Ricardo Reis, 2022. "Debt Revenue and the Sustainability of Public Debt," Discussion Papers 2214, Centre for Macroeconomics (CFM).
    13. Andolfatto, David & Martin, Fernando M., 2018. "Monetary policy and liquid government debt," Journal of Economic Dynamics and Control, Elsevier, vol. 89(C), pages 183-199.
    14. Nissinen, Juuso & Sihvonen, Markus, 2024. "Bond convenience curves and funding costs," Journal of International Economics, Elsevier, vol. 151(C).
    15. Sushant Acharya & Keshav Dogra, 2018. "The side effects of safe asset creation," Staff Reports 842, Federal Reserve Bank of New York.
    16. Benigno, Pierpaolo & Robatto, Roberto, 2019. "Private money creation, liquidity crises, and government interventions," Journal of Monetary Economics, Elsevier, vol. 106(C), pages 42-58.
    17. Gomez-Gonzalez, Patricia, 2019. "Public debt structure and liquidity provision," Journal of International Economics, Elsevier, vol. 117(C), pages 51-60.
    18. Vasiliki Dimakopoulou & George Economides & Apostolis Philippopoulos, 2024. "Repayment of EU Bailout Loans in a Member-Country of the ES: The Case of Greece," CESifo Working Paper Series 11519, CESifo.
    19. Marta Gómez-Puig & Simón Sosvilla-Rivero, 2017. "Nonfinancial debt and economic growth in euro-area countries," Working Papers del Instituto Complutense de Estudios Internacionales 1708, Universidad Complutense de Madrid, Instituto Complutense de Estudios Internacionales.
    20. Antonio Antunes & Valerio Ercolani, 2020. "Public debt expansions and the dynamics of the household borrowing constraint," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 37, pages 1-32, July.
    21. YiLi Chien & Yi Wen, 2019. "The Determination of Public Debt under both Aggregate and Idiosyncratic Uncertainty," Working Papers 2019-038, Federal Reserve Bank of St. Louis, revised 28 Apr 2022.
    22. Gersbach, Hans & Rochet, Jean Charles & von Thadden, Ernst-Ludwig, 2022. "Fiscal Policy and the Balance Sheet of the Private Sector," CEPR Discussion Papers 17529, C.E.P.R. Discussion Papers.
    23. Kreamer, Jonathan, 2022. "Financial intermediation and the supply of liquidity," Journal of Financial Stability, Elsevier, vol. 61(C).
    24. Berentsen, Aleksander & Waller, Christopher, 2018. "Liquidity premiums on government debt and the fiscal theory of the price level," Journal of Economic Dynamics and Control, Elsevier, vol. 89(C), pages 173-182.
    25. Chien, YiLi & Wen, Yi, 2024. "The Ramsey steady-state conundrum in heterogeneous-agent economies," Journal of Economic Theory, Elsevier, vol. 220(C).
    26. Wang, Tianxi, 2021. "Government Bonds, Bank Liquidity and Non-Neutrality of Monetary Policy in the Steady," Economics Discussion Papers 29502, University of Essex, Department of Economics.
    27. Guillermo Santos, 2022. "Optimal fiscal and monetary policy with preference over safe assets," LIDAM Discussion Papers IRES 2022021, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    28. Pierre Yared & Marina Azzimonti, 2017. "The Public and Private Provision of Safe Assets," 2017 Meeting Papers 755, Society for Economic Dynamics.
    29. Gary B. Gorton & Guillermo Ordoñez, 2013. "The Supply and Demand for Safe Assets," NBER Working Papers 18732, National Bureau of Economic Research, Inc.
    30. Etienne Farvaque & Hira Iqbal & Nicolas Ooghe, 2020. "Health politics? Determinants of US states’ reactions to COVID-19," Post-Print hal-03128875, HAL.
    31. Marina Azzimonti & Pierre Yared, 2018. "The Optimal Public and Private Provision of Safe Assets," NBER Working Papers 24534, National Bureau of Economic Research, Inc.
    32. Marios Psychalis & Panagiotis Gournas & Nagia Grigorakou & Petros Dimitrakopoulos & George Stivachtis, 2020. "Fiscal Policy, Growth and Competitiveness in EMU: Evidence from Portugal and Greece," International Journal of Economics and Financial Issues, Econjournals, vol. 10(4), pages 18-24.
    33. Nicolas Caramp, 2021. "Sowing the Seeds of Financial Crises: Endogenous Asset Creation and Adverse Selection," Working Papers 342, University of California, Davis, Department of Economics.

  8. Michel Habib & Fabrice Collard & Jean-Charles Rochet, 2017. "The Reluctant Defaulter: A Tale of High Government Debt," Swiss Finance Institute Research Paper Series 17-39, Swiss Finance Institute.

    Cited by:

    1. Stangebye, Zachary R., 2020. "Beliefs and long-maturity sovereign debt," Journal of International Economics, Elsevier, vol. 127(C).
    2. Martin Guzman & Domenico Lombardi, 2018. "Assessing the Appropriate Size of Relief in Sovereign Debt Restructuring," Documentos de trabajo del Instituto Interdisciplinario de Economía Política IIEP (UBA-CONICET) 2018-26, Universidad de Buenos Aires, Facultad de Ciencias Económicas, Instituto Interdisciplinario de Economía Política IIEP (UBA-CONICET).
    3. Beqiraj, Elton & Fedeli, Silvia & Forte, Francesco, 2018. "Public debt sustainability: An empirical study on OECD countries," Journal of Macroeconomics, Elsevier, vol. 58(C), pages 238-248.
    4. Robertson, D. & Tambakis, D., 2016. "Long-Run Debt Ratios with Fiscal Fatigue," Cambridge Working Papers in Economics 1674, Faculty of Economics, University of Cambridge.

  9. Frederic Boissay & Fabrice Collard, 2016. "Macroeconomics of bank capital and liquidity regulations," BIS Working Papers 596, Bank for International Settlements.

    Cited by:

    1. Monnet, Eric & Vari, Miklos, 2020. "A dilemma between liquidity regulation and monetary policy: some history and theory," CEPR Discussion Papers 15001, C.E.P.R. Discussion Papers.
    2. Pierre-Richard Agénor & Luiz A. Pereira da Silva, 2021. "Capital requirements, risk-taking and welfare in a growing economy," Journal of Regulatory Economics, Springer, vol. 60(2), pages 167-192, December.
    3. Xiong, Wanting & Wang, Yougui, 2022. "A reformulation of the bank lending channel under multiple prudential regulations," Economic Modelling, Elsevier, vol. 114(C).
    4. Ananou, Foly & Chronopoulos, Dimitris K. & Tarazi, Amine & Wilson, John O.S., 2021. "Liquidity regulation and bank lending," Journal of Corporate Finance, Elsevier, vol. 69(C).
    5. Hinterschweiger, Marc & Khairnar, Kunal & Ozden, Tolga & Stratton, Tom, 2021. "Macroprudential policy interactions in a sectoral DSGE model with staggered interest rates," Bank of England working papers 904, Bank of England.
    6. Ambrocio, Gene & Hasan, Iftekhar & Jokivuolle, Esa & Ristolainen, Kim, 2020. "Are bank capital requirements optimally set? Evidence from researchers' views," Bank of Finland Research Discussion Papers 10/2020, Bank of Finland.
    7. Hibiki Ichiue & Jean-Guillaume Sahuc & Yasin Mimir & Jolan Mohimont & Kalin Nikolov & Olivier de Bandt & Sigrid Roehrs & Valério Scalone & Michael Straughan & Bora Durdu, 2022. "Assessing the Impact of Basel III: Evidence from Structural Macroeconomic Models," Working Papers hal-04159816, HAL.
    8. Olivier de Bandt & Bora Durdu & Hibiki Ichiue & Yasin Mimir & Jolan Mohimont & Kalin Nikolov & Sigrid Roehrs & Jean-Guillaume Sahuc & Valério Scalone & Michael Straughan, 2024. "Assessing the Impact of Basel III: Review of Transmission Channels and Insights from Policy Models," Post-Print hal-04459638, HAL.
    9. Christoph Bertsch & Mike Mariathasan, 2021. "Optimal bank leverage and recapitalization in crowded markets," BIS Working Papers 923, Bank for International Settlements.
    10. Ms. Deniz O Igan & Ali Mirzaei, 2020. "Does Going Tough on Banks Make the Going Get Tough? Bank Liquidity Regulations, Capital Requirements, and Sectoral Activity," IMF Working Papers 2020/103, International Monetary Fund.
    11. Behn, Markus & Daminato, Claudio & Salleo, Carmelo, 2019. "A dynamic model of bank behaviour under multiple regulatory constraints," Working Paper Series 2233, European Central Bank.
    12. Gazi I Kara & S Mehmet Ozsoy & Itay Goldstein, 2020. "Bank Regulation under Fire Sale Externalities," The Review of Financial Studies, Society for Financial Studies, vol. 33(6), pages 2554-2584.
    13. Thamae, Retselisitsoe I & Odhiambo, Nicholas M, 2022. "The impact of bank regulation on bank lending: A review of international literature," Working Papers 29837, University of South Africa, Department of Economics.
    14. Anil K. Kashyap & Dimitrios P. Tsomocos & Alexandros P. Vardoulakis, 2020. "Optimal Bank Regulation In the Presence of Credit and Run-Risk," NBER Working Papers 26689, National Bureau of Economic Research, Inc.
    15. Irena Pyka & Aleksandra Nocoń, 2021. "Banks’ Capital Requirements in Terms of Implementation of the Concept of Sustainable Finance," Sustainability, MDPI, vol. 13(6), pages 1-17, March.
    16. Ikeda, Daisuke, 2024. "Bank runs, prudential tools and social welfare in a global game general equilibrium model," Journal of Financial Stability, Elsevier, vol. 72(C).
    17. Jaevin Park, 2020. "Inside Money, Business Cycle, and Bank Capital Requirements," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 36, pages 103-121, April.
    18. Eric Monnet & Miklos Vari, 2019. "Liquidity Ratios as Monetary Policy Tools: Some Historical Lessons for Macroprudential Policy," IMF Working Papers 2019/176, International Monetary Fund.
    19. M. Birn & M. Dietsch & D. Durant, 2017. "How to reach all Basel requirements at the same time?," Debats Economiques et financiers 28, Banque de France.
    20. Miller, Sam & Wanengkirtyo, Boromeus, 2020. "Liquidity and monetary transmission: a quasi-experimental approach," Bank of England working papers 891, Bank of England.
    21. Shaun de Jager & Riaan Ehlers & Keabetswe Mojapelo & Pieter Pienaar, 2021. "Shortterm impacts and interaction of macroprudential policy tools," Working Papers 11020, South African Reserve Bank.
    22. Amira Hakim & Eleftherios Thalassinos, 2021. "Risk Sharing, Macro-Prudential Policy and Welfare in an Overlapping Generations Model (OLG) Economy," European Research Studies Journal, European Research Studies Journal, vol. 0(4 - Part ), pages 585-611.
    23. Martínez, J-F. & Peiris, M.U. & Tsomocos, D.P., 2020. "Macroprudential policy analysis in an estimated DSGE model with a heterogeneous banking system: An application to Chile," Latin American Journal of Central Banking (previously Monetaria), Elsevier, vol. 1(1).
    24. Raz, Arisyi F. & McGowan, Danny & Zhao, Tianshu, 2022. "The dark side of liquidity regulation: Bank opacity and funding liquidity risk," Journal of Financial Intermediation, Elsevier, vol. 52(C).
    25. Adi Mordel, 2018. "Prudential Liquidity Regulation in Banking-A Literature Review," Discussion Papers 18-8, Bank of Canada.
    26. Li, Boyao, 2021. "Bank equity, interest payments, and credit creation under Basel III regulations," MPRA Paper 111269, University Library of Munich, Germany.

  10. Fabrice Collard & Sujoy Mukerji & Kevin Sheppard & Jean-Marc Tallon, 2016. "Ambiguity and the historical equity premium," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00594096, HAL.

    Cited by:

    1. Fabio Maccheroni & Massimo Marinacci & Doriana Ruffino, 2010. "Alpha as Ambiguity: Robust Mean-Variance Portfolio Analysis," Working Papers 373, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    2. Chiaki Hara & Toshiki Honda, 2016. "Mutual Fund Theorem for Ambiguity-Averse Investors and the Optimality of the Market Portfolio," KIER Working Papers 943, Kyoto University, Institute of Economic Research.
    3. Meglena Jeleva & Jean-Marc Tallon, 2014. "Ambiguïté, comportements et marchés financiers," Post-Print halshs-01109639, HAL.
    4. Nengjiu Ju & Jianjun Miao, "undated". "Ambiguity, Learning, and Asset Returns," Boston University - Department of Economics - Working Papers Series wp2009-014, Boston University - Department of Economics.
    5. Manel Baucells & Rakesh K. Sarin, 2019. "The Myopic Property in Decision Models," Decision Analysis, INFORMS, vol. 16(2), pages 128-141, June.
    6. Karantounias, Anastasios G., 2023. "Doubts about the model and optimal policy," Journal of Economic Theory, Elsevier, vol. 210(C).
    7. Marcet, Albert & Nicolini, Juan Pablo & Adam, Klaus, 2007. "Stock Market Volatility and Learning," CEPR Discussion Papers 6518, C.E.P.R. Discussion Papers.
    8. Ellison, Martin & Tischbirek, Andreas, 2018. "Beauty Contests and the Term Structure," CEPR Discussion Papers 12762, C.E.P.R. Discussion Papers.
    9. Laurent Denant-Boèmont & Olivier L’haridon, 2013. "La rationalité à l'épreuve de l'économie comportementale," Post-Print halshs-00921070, HAL.
    10. Backus, David & Ferriere, Axelle & Zin, Stanley, 2015. "Risk and ambiguity in models of business cycles," Journal of Monetary Economics, Elsevier, vol. 69(C), pages 42-63.
    11. Guidolin, Massimo & Liu, Hening, 2016. "Ambiguity Aversion and Underdiversification," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 51(4), pages 1297-1323, August.
    12. Péter Bayer & Ani Guerdjikova, 2020. "Optimism leads to optimality: Ambiguity in network formation," Working Papers hal-03005107, HAL.
    13. Illeditsch, PK & Ganguli, J & Condie, S, 2015. "Information Inertia," Economics Discussion Papers 15615, University of Essex, Department of Economics.
    14. Ani Guerdijkova & Emanuela Sciubba, 2012. "Survival with Ambiguity," Birkbeck Working Papers in Economics and Finance 1216, Birkbeck, Department of Economics, Mathematics & Statistics.
    15. Thimme, Julian & Völkert, Clemens, 2015. "High order smooth ambiguity preferences and asset prices," Review of Financial Economics, Elsevier, vol. 27(C), pages 1-15.
    16. Christensen, Timothy M., 2022. "Existence and uniqueness of recursive utilities without boundedness," Journal of Economic Theory, Elsevier, vol. 200(C).
    17. Michèle Cohen & Jean-Marc Tallon & Jean-Christophe Vergnaud, 2011. "An experimental investigation of imprecision attitude and its relation with risk attitude and impatience," PSE-Ecole d'économie de Paris (Postprint) halshs-00502820, HAL.
    18. Elisa Cavatorta & David Schröder, 2019. "Measuring ambiguity preferences: A new ambiguity preference survey module," Journal of Risk and Uncertainty, Springer, vol. 58(1), pages 71-100, February.
    19. Sumru Altug & Cem Cakmakli & Fabrice Collard & Sujoy Mukerji & Han Ozsoylev, 2020. "Ambiguous Business Cycles: A Quantitative Assessment," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 38, pages 220-237, October.
    20. Michael Johannes & Lars Lochstoer & Pierre Collin-Dufresne, 2015. "Parameter Learning in General Equilibrium: The Asset Pricing Implications," 2015 Meeting Papers 647, Society for Economic Dynamics.
    21. Massimo Guidolin & Francesca Rinaldi, 2011. "Ambiguity in Asset Pricing and Portfolio Choice: A Review of the Literature," Working Papers 417, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    22. Makarov, Dmitry, 2021. "Optimal portfolio under ambiguous ambiguity," Finance Research Letters, Elsevier, vol. 43(C).
    23. Doriana Ruffino, 2014. "A Robust Capital Asset Pricing Model," Finance and Economics Discussion Series 2014-01, Board of Governors of the Federal Reserve System (U.S.).
    24. Sujoy Mukerji & Han N Ozsoylev & Jean-Marc Tallon, 2018. "Trading ambiguity: a tale of two heterogeneities," Working Papers halshs-01935319, HAL.
    25. Gollier, Christian, 2009. "Portfolio Choices and Asset Prices: The Comparative Statics of Ambiguity Aversion," TSE Working Papers 09-068, Toulouse School of Economics (TSE).
    26. Anagol, Santosh & Balasubramaniam, Vimal & Ramadorai, Tarun, 2021. "Learning from noise: Evidence from India’s IPO lotteries," Journal of Financial Economics, Elsevier, vol. 140(3), pages 965-986.
    27. Pierre Collin-Dufresne & Michael Johannes & Lars A. Lochstoer, 2013. "Parameter Learning in General Equilibrium: The Asset Pricing Implications," NBER Working Papers 19705, National Bureau of Economic Research, Inc.
    28. Jewitt, Ian & Mukerji, Sujoy, 2017. "Ordering ambiguous acts," Journal of Economic Theory, Elsevier, vol. 171(C), pages 213-267.
    29. Hua Chen & Michael Sherris & Tao Sun & Wenge Zhu, 2013. "Living With Ambiguity: Pricing Mortality-Linked Securities With Smooth Ambiguity Preferences," Journal of Risk & Insurance, The American Risk and Insurance Association, vol. 80(3), pages 705-732, September.
    30. Chiaki Hara, 2023. "Arrow-Pratt-Type Measure of Ambiguity Aversion," KIER Working Papers 1097, Kyoto University, Institute of Economic Research.
    31. Bin Wei, 2021. "Ambiguity, Long-Run Risks, and Asset Prices," FRB Atlanta Working Paper 2021-21, Federal Reserve Bank of Atlanta.
    32. Eric André & Antoine Bommier & François Le Grand, 2022. "The impact of risk aversion and ambiguity aversion on annuity and saving choices," Journal of Risk and Uncertainty, Springer, vol. 65(1), pages 33-56, August.
    33. Simon Quemin, 2017. "Intertemporal Abatement Decisions under Ambiguity Aversion in a Cap and Trade," Working Papers 2017.06, FAERE - French Association of Environmental and Resource Economists.
    34. Alan Guoming Huang & Eric Hughson & J. Chris Leach, 2016. "Generational Asset Pricing, Equity Puzzles, and Cyclicality," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 22, pages 52-71, October.
    35. Hening Liu & Yuzhao Zhang, 2022. "Financial Uncertainty with Ambiguity and Learning," Management Science, INFORMS, vol. 68(3), pages 2120-2140, March.
    36. Christophe Courbage & Béatrice Rey, 2015. "On ambiguity apportionment," Working Papers 1527, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.
    37. Cosmin L. Ilut & Martin Schneider, 2022. "Modeling Uncertainty as Ambiguity: a Review," NBER Working Papers 29915, National Bureau of Economic Research, Inc.
    38. A Ronald Gallant & Mohammad R Jahan-Parvar & Hening Liu, 2019. "Does Smooth Ambiguity Matter for Asset Pricing?," The Review of Financial Studies, Society for Financial Studies, vol. 32(9), pages 3617-3666.
    39. Michael Greinecker & Christoph Kuzmics, 2022. "Limit Orders and Knightian Uncertainty," Papers 2208.10804, arXiv.org.
    40. Liu, Liu, 2022. "Learning about the persistence of recessions under ambiguity aversion," Finance Research Letters, Elsevier, vol. 47(PA).
    41. Andreas Friedl & Patrick Ring & Ulrich Schmidt, 2017. "Gender differences in ambiguity aversion under different outcome correlation structures," Theory and Decision, Springer, vol. 82(2), pages 211-219, February.
    42. Hansen, Lars Peter & Sargent, Thomas J., 2011. "Robustness and ambiguity in continuous time," Journal of Economic Theory, Elsevier, vol. 146(3), pages 1195-1223, May.
    43. Julian Thimme & Clemens Völkert, 2015. "High order smooth ambiguity preferences and asset prices," Review of Financial Economics, John Wiley & Sons, vol. 27(1), pages 1-15, November.
    44. Balasubramaniam, Vimal & Anagol, Santosh, 2018. "Learning from Noise: Evidence from India’s IPO Lotteries," CEPR Discussion Papers 13314, C.E.P.R. Discussion Papers.
    45. Chen, Heng & Li, Xu & Pei, Guangyu & Xin, Qian, 2024. "Heterogeneous overreaction in expectation formation: Evidence and theory," Journal of Economic Theory, Elsevier, vol. 218(C).
    46. Julian Thimme & Clemens Völkert, 2015. "Ambiguity in the Cross-Section of Expected Returns: An Empirical Assessment," Journal of Business & Economic Statistics, Taylor & Francis Journals, vol. 33(3), pages 418-429, July.
    47. Alonso, Irasema & Prado, Mauricio, 2015. "Ambiguity aversion, asset prices, and the welfare costs of aggregate fluctuations," Journal of Economic Dynamics and Control, Elsevier, vol. 51(C), pages 78-92.
    48. Massimo Marinacci, 2015. "Model Uncertainty," Working Papers 553, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    49. Costis Skiadas, 2013. "Smooth Ambiguity Aversion toward Small Risks and Continuous-Time Recursive Utility," Journal of Political Economy, University of Chicago Press, vol. 121(4), pages 000.
    50. Yang Hao, 2023. "Financial Market with Learning from Price under Knightian Uncertainty," Working Papers hal-03686748, HAL.
    51. Jianjun Miao & Bin Wei & Hao Zhou, 2018. "Ambiguity Aversion and Variance Premium," FRB Atlanta Working Paper 2018-14, Federal Reserve Bank of Atlanta.
    52. Qi Nan Zhai, 2015. "Asset Pricing Under Ambiguity and Heterogeneity," PhD Thesis, Finance Discipline Group, UTS Business School, University of Technology, Sydney, number 1-2015, January-A.
    53. Guangyu PEI, 2019. "Uncertainty, Pessimism and Economic Fluctuations," 2019 Meeting Papers 1494, Society for Economic Dynamics.
    54. Kocher, Martin G. & Lahno, Amrei Marie & Trautmann, Stefan T., 2018. "Ambiguity aversion is not universal," Munich Reprints in Economics 62872, University of Munich, Department of Economics.
    55. Zhang, Jian & Kong, Dongmin & Liu, Hening & Wu, Ji, 2019. "Asset pricing with time varying pessimism and rare disasters," International Review of Economics & Finance, Elsevier, vol. 60(C), pages 165-175.
    56. Oliver Walker & Simon Dietz, 2011. "A representation result for choice under conscious unawareness," GRI Working Papers 59, Grantham Research Institute on Climate Change and the Environment.
    57. A. Ronald Gallant & Mohammad Jahan-Parvar & Hening Liu, 2015. "Measuring Ambiguity Aversion," Finance and Economics Discussion Series 2015-105, Board of Governors of the Federal Reserve System (U.S.).
    58. Giulia Piccillo & Poramapa Poonpakdee, 2023. "Ambiguous Business Cycles, Recessions and Uncertainty: A Quantitative Analysis," CESifo Working Paper Series 10646, CESifo.
    59. Balter, Anne G. & Mahayni, Antje & Schweizer, Nikolaus, 2021. "Time-consistency of optimal investment under smooth ambiguity," European Journal of Operational Research, Elsevier, vol. 293(2), pages 643-657.
    60. Timothy M. Christensen, 2020. "Existence and uniqueness of recursive utilities without boundedness," Papers 2008.00963, arXiv.org, revised Aug 2021.
    61. Daniele Pennesi, 2013. "Asset Prices in an Ambiguous Economy," Carlo Alberto Notebooks 315, Collegio Carlo Alberto.
    62. Chiaki Hara & Toshiki Honda, 2018. "ImpliedAmbiguity:Mean-Variance Efficiency andPricingErrors," KIER Working Papers 1004, Kyoto University, Institute of Economic Research.
    63. Monica Billio & Massimo Guidolin & Francesco Rocciolo, 2024. "Responsible Investing under Climate Change Uncertainty," Working Papers 2024: 15, Department of Economics, University of Venice "Ca' Foscari".
    64. Wang, Tao & Chen, Zhiping, 2024. "Optimal portfolio and insurance strategy with biometric risks, habit formation and smooth ambiguity," Insurance: Mathematics and Economics, Elsevier, vol. 118(C), pages 195-222.
    65. Chiaki Hara & Toshiki Honda, 2022. "Implied Ambiguity: Mean-Variance Inefficiency and Pricing Errors," Management Science, INFORMS, vol. 68(6), pages 4246-4260, June.
    66. Johanna Etner & Meglena Jeleva & Olivier Renault, 2024. "Dynamic decision-making when ambiguity attitudes depend on exogenous events," Theory and Decision, Springer, vol. 96(2), pages 269-295, March.
    67. Chiaki Hara, 2020. "A Ranking over "More Risk Averse Than" Relations and its Application to the Smooth Ambiguity Model," KIER Working Papers 1019, Kyoto University, Institute of Economic Research.

  11. Frederic Boissay & Fabrice Collard & Frank Smets, 2016. "Booms and banking crises," BIS Working Papers 545, Bank for International Settlements.

    Cited by:

    1. F Boissay & F Collard & J Galí & C Manea, 2022. "Monetary Policy and Endogenous Financial Crises," Working Papers hal-03763108, HAL.
    2. Nucera, Federico & Schwaab, Bernd & Koopman, Siem Jan & Lucas, André, 2016. "The information in systemic risk rankings," Journal of Empirical Finance, Elsevier, vol. 38(PA), pages 461-475.
    3. Hashimoto, Ken-ichi & Im, Ryonghun & Kunieda, Takuma & Shibata, Akihisa, 2022. "Financial destabilization," Journal of Mathematical Economics, Elsevier, vol. 103(C).
    4. Beutel, Johannes & List, Sophia & von Schweinitz, Gregor, 2019. "An evaluation of early warning models for systemic banking crises: Does machine learning improve predictions?," IWH Discussion Papers 2/2019, Halle Institute for Economic Research (IWH).
    5. Presbitero, Andrea & Eberhardt, Markus, 2021. "Commodity Prices and Banking Crises," CEPR Discussion Papers 15959, C.E.P.R. Discussion Papers.
    6. Yi Wen & Xiaochuan Xing & Patrick Pintus, 2016. "Interest Rate Dynamics, Variable-Rate Loans, and the Business Cycle," 2016 Meeting Papers 293, Society for Economic Dynamics.
    7. Toshiaki Ogawa, 2020. "Liquidity Management of Heterogeneous Banks during the Great Recession," IMES Discussion Paper Series 20-E-05, Institute for Monetary and Economic Studies, Bank of Japan.
    8. Bernd Schwaab & Siem Jan Koopman & André Lucas, 2015. "Global Credit Risk: World, Country and Industry Factors," Tinbergen Institute Discussion Papers 15-029/III/DSF87, Tinbergen Institute.
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  12. Fabrice Collard & Michel Habib & Jean-Charles Rochet, 2015. "Sovereign debt sustainability in advanced economies," Post-Print hal-03263291, HAL.

    Cited by:

    1. Luca Metelli & Kevin Pallara, 2020. "Fiscal space and the size of the fiscal multiplier," Temi di discussione (Economic working papers) 1293, Bank of Italy, Economic Research and International Relations Area.
    2. Marion Davin & Mouez Fodha & Thomas Seegmuller, 2019. "Pollution in a globalized world: Are debt transfers among countries a solution?," CEE-M Working Papers halshs-02303265, CEE-M, Universtiy of Montpellier, CNRS, INRA, Montpellier SupAgro.
    3. Skott, Peter, 2016. "Aggregate Demand, Functional Finance and Secular Stagnation," UMASS Amherst Economics Working Papers 2016-02, University of Massachusetts Amherst, Department of Economics.
    4. Battistini, Niccolò & Callegari, Giovanni & Zavalloni, Luca, 2019. "Dynamic fiscal limits and monetary-fiscal policy interactions," Working Paper Series 2268, European Central Bank.
    5. Mengist, Nitsuh, 2021. "Debt Sustainability and Economic Growth: Evidence from Low Income Sub-Saharan African Countries," Ethiopian Journal of Economics, Ethiopian Economics Association, vol. 30(01), April.
    6. Erica Perego, 2018. "Sovereign Risk and Asset Market Dynamics in the Euro Area," Working Papers 2018-18, CEPII research center.
    7. Arnaud Cheron & Kazuo Nishimura & Carine Nourry & Thomas Seegmuller & Alain Venditti, 2019. "Growth and Public Debt: What Are the Relevant Trade‐Offs?," Post-Print hal-02087092, HAL.
    8. Huixin Bi & Wenyi Shen & Shu-Chun S. Yang, 2020. "Fiscal Implications of Interest Rate Normalization in the United States," Research Working Paper RWP 20-12, Federal Reserve Bank of Kansas City.
    9. Betty C. Daniel, Christos Shiamptanis, 2019. "Identifying Countries at Risk of Fiscal Crisis: High-Debt Developed Countries," LCERPA Working Papers bm0125, Laurier Centre for Economic Research and Policy Analysis, revised 2021.
    10. Giancarlo Corsetti & Seung Hyun Maeng, 2020. "Debt crises, fast and slow," Discussion Papers 2019, Centre for Macroeconomics (CFM).
    11. Leonor Modesto & Carine Nourry & Thomas Seegmuller & Alain Venditti, 2020. "Growth and instability in a small open economy with debt," AMSE Working Papers 2012, Aix-Marseille School of Economics, France.
    12. Wyplosz, Charles, 2020. "What’s Wrong with Fiscal Space?," CEPR Discussion Papers 14431, C.E.P.R. Discussion Papers.
    13. Javier Andrés & Javier J. Pérez & Juan A. Rojas, 2017. "Implicit public debt thresholds: an empirical exercise for the case of Spain," Working Papers 1701, Banco de España.
    14. Mehrotra, Neil R. & Sergeyev, Dmitriy, 2021. "Debt sustainability in a low interest rate world," Journal of Monetary Economics, Elsevier, vol. 124(S), pages 1-18.
    15. Panizza, Ugo & Caselli, Francesca & Faralli, Matilde & Manasse, Paolo, 2021. "On the Benefits of Repaying," CEPR Discussion Papers 16539, C.E.P.R. Discussion Papers.
    16. Betty C. Daniel & Christos Shiamptanis, 2022. "Identifying countries at risk of fiscal crises: High‐debt developed countries," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 55(2), pages 828-867, May.
    17. Habib, Michel & Collard, Fabrice & Rochet, Jean Charles, 2016. "The Reluctant Defaulter: A Tale of High Government Debt," CEPR Discussion Papers 11299, C.E.P.R. Discussion Papers.
    18. Mr. Philip Barrett, 2018. "Interest-Growth Differentials and Debt Limits in Advanced Economies," IMF Working Papers 2018/082, International Monetary Fund.
    19. Francesco Carli & Leonor Modesto, 2022. "Sovereign debt, fiscal policy, and macroeconomic instability," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 24(6), pages 1386-1412, December.
    20. Perazzi, Elena, 2020. "Sovereign Bailouts and Moral Hazard with Strategic Default," MPRA Paper 108004, University Library of Munich, Germany, revised 26 May 2021.
    21. Adham Jaber, 2022. "Improving the estimates of fiscal space," French Stata Users' Group Meetings 2022 16, Stata Users Group.
    22. Amr Hosny & Kevin Pallara, 2023. "Economic Activity, Fiscal Space and Types of COVID-19 Containment Measures," Economics of Disasters and Climate Change, Springer, vol. 7(3), pages 319-355, November.
    23. Corsetti, Giancarlo & Erce, Aitor & Uy, Timothy, 2018. "Debt Sustainability and the Terms of Official Support," CEPR Discussion Papers 13292, C.E.P.R. Discussion Papers.
    24. Andreas Müller & Kjetil Storesletten & Fabrizio Zilibotti, 2019. "Sovereign Debt and Structural Reforms," American Economic Review, American Economic Association, vol. 109(12), pages 4220-4259, December.
    25. Giancarlo Corsetti, 2023. "Debt crises, fast and slow Giancarlo," RSCAS Working Papers 2023/15, European University Institute.
    26. Alina Klonowska, 2019. "Barriers for effectiveness of fiscal policy: the case of Poland," Ekonomia i Prawo, Uniwersytet Mikolaja Kopernika, vol. 18(1), pages 29-45, March.
    27. Eduardo Garzón Espinosa & Bibiana Medialdea García & Esteban Cruz Hidalgo, 2021. "Fiscal Policy Approaches: An Inquiring Look From The Modern Monetary Theory," Journal of Economic Issues, Taylor & Francis Journals, vol. 55(4), pages 999-1022, October.
    28. Alloza, Mario & Andrés, Javier & Pérez, Javier J. & Rojas, Juan A., 2020. "Implicit public debt thresholds: An operational proposal," Journal of Policy Modeling, Elsevier, vol. 42(6), pages 1408-1424.
    29. Mr. Olumuyiwa S Adedeji & Mr. Calixte Ahokpossi & Claudio Battiati & Mrs. Mai Farid, 2016. "A Probabilistic Approach to Fiscal Space and Prudent Debt Level: Application to Low-Income Developing Countries," IMF Working Papers 2016/163, International Monetary Fund.
    30. Moretto, Michele & Parigi, Bruno M., 2024. "Competitive runs on Government debt," International Review of Economics & Finance, Elsevier, vol. 89(PB), pages 131-158.
    31. Perazzi, Elena, 2022. "Sovereign Bailouts: Are Ex-Ante Conditions Useful?," MPRA Paper 113462, University Library of Munich, Germany.
    32. Robertson, D. & Tambakis, D., 2016. "Long-Run Debt Ratios with Fiscal Fatigue," Cambridge Working Papers in Economics 1674, Faculty of Economics, University of Cambridge.
    33. Mitchener, Kris & Trebesch, Christoph, 2021. "Sovereign Debt in the 21st Century: Looking Backward, Looking Forward," CEPR Discussion Papers 15935, C.E.P.R. Discussion Papers.
    34. Caterina Seghini & St phane Dees, 2024. "The Green Transition and Public Finances," Working papers 949, Banque de France.

  13. Canzoneri, Matthew B & Dellas, Harris & Diba, Behzad & Collard, Fabrice, 2015. "Fiscal Multipliers in Recessions," CEPR Discussion Papers 10353, C.E.P.R. Discussion Papers.

    Cited by:

    1. KLEIN, Mathias & POLATTIMUR, Hamza & WINKLER, Roland, 2020. "Fiscal spending multipliers over the household leverage cycle," Working Papers 2020007, University of Antwerp, Faculty of Business and Economics.
    2. Richard McManus & F. Gulcin Ozkan & Dawid Trzeciakiewicz, 2021. "Why are Fiscal Multipliers Asymmetric? The Role of Credit Constraints," Economica, London School of Economics and Political Science, vol. 88(349), pages 32-69, January.
    3. Mankart, Jochen & Priftis, Romanos & Oikonomou, Rigas, 2024. "The long and short of financing government spending," VfS Annual Conference 2024 (Berlin): Upcoming Labor Market Challenges 302414, Verein für Socialpolitik / German Economic Association.
    4. Jarmila Botev & Annabelle Mourougane, 2017. "Fiscal Consolidation: What Are the Breakeven Fiscal Multipliers?," CESifo Economic Studies, CESifo Group, vol. 63(3), pages 295-316.
    5. Vybhavi Balasundharam & Olivier Basdevant & Dalmacio Benicio & Andrew Ceber & Yujin Kim & Luca Mazzone & Hoda Selim & Yongzheng Yang, 2023. "Fiscal Consolidation: Taking Stock of Success Factors, Impact, and Design," IMF Working Papers 2023/063, International Monetary Fund.
    6. Jorge Andrés Vélez-Ospina & Isabel Busom Piquer, 2020. "Subsidizing Innovation Over the Business Cycle," Working Papers wpdea2001, Department of Applied Economics at Universitat Autonoma of Barcelona.
    7. Konstantinou, Panagiotis Th. & Partheniou, Andromachi, 2021. "The Effects of Government Spending Over the Business Cycle: A Disaggregated Analysis for OECD and Non-OECD Countries," The Quarterly Review of Economics and Finance, Elsevier, vol. 80(C), pages 809-822.
    8. Ramey, Valerie A, 2019. "Ten Years After the Financial Crisis: What Have We Learned from the Renaissance in Fiscal Research?," University of California at San Diego, Economics Working Paper Series qt6cd687wc, Department of Economics, UC San Diego.
    9. Julien Albertini & Stéphane Auray & Hafedh Bouakez & Aurélien Eyquem, 2019. "Taking off into the Wind: Unemployment Risk and State-Dependent Government Spending Multipliers," Post-Print halshs-02503455, HAL.
    10. Napoletano, Mauro & Roventini, Andrea & Gaffard, Jean Luc, 2017. "Time-varying fiscal multipliers in an agent-based model with credit rationing," Economics Discussion Papers 2017-112, Kiel Institute for the World Economy (IfW Kiel).
    11. Piotr Krajewski & Agata Szymanska, 2019. "The effectiveness of fiscal policy within business cycle-Ricardians vs. non-Ricardians approach," Baltic Journal of Economics, Baltic International Centre for Economic Policy Studies, vol. 19(2), pages 195-215.
    12. Sosvilla-Rivero, Simón & Rubio-Guerrero, Juan J., 2022. "The economic effects of fiscal policy: Further evidence for Spain," The Quarterly Review of Economics and Finance, Elsevier, vol. 86(C), pages 305-313.
    13. Marco Riguzzi & Philipp Wegmueller, 2017. "Economic Openness and Fiscal Multipliers," International Economic Journal, Taylor & Francis Journals, vol. 31(1), pages 1-35, January.
    14. Giovanni MELINA & Stefania VILLA, 2012. "Fiscal policy and lending relationships," Working Papers of Department of Economics, Leuven ces12.06, KU Leuven, Faculty of Economics and Business (FEB), Department of Economics, Leuven.
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    16. Ackon, Kwabena Meneabe, 2020. "Fiscal Policy Innovations In Advanced Economies," MPRA Paper 100737, University Library of Munich, Germany.
    17. Kang, Jihye & Kim, Soyoung, 2022. "Government spending news and surprise shocks: It’s the timing and persistence," Journal of Macroeconomics, Elsevier, vol. 73(C).
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    28. Dave, Chetan & Malik, Samreen, 2017. "A tale of fat tails," European Economic Review, Elsevier, vol. 100(C), pages 293-317.
    29. Jordan Roulleau-Pasdeloup, 2016. "The Government Spending Multiplier in a Deep Recession," Cahiers de Recherches Economiques du Département d'économie 16.22, Université de Lausanne, Faculté des HEC, Département d’économie.
    30. Osiebuni Collins OBU & Wilfred I. UKPERE, 2022. "The Implications of the Incursion of Cryptocurrency on the Effectiveness of Fiscal Policy," Review of Applied Socio-Economic Research, Pro Global Science Association, vol. 23(1), pages 134-150, June.
    31. Tommaso Ferraresi & Andrea Roventini & Willi Semmler, 2016. "Macroeconomic regimes, technological shocks and employment dynamics," Documents de Travail de l'OFCE 2016-19, Observatoire Francais des Conjonctures Economiques (OFCE).
    32. Andrea Boitani & Salvatore Perdichizzi, 2018. "Public Expenditure Multipliers in recessions. Evidence from the Eurozone," DISCE - Working Papers del Dipartimento di Economia e Finanza def068, Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE).
    33. Mr. Tidiane Kinda & Andras Lengyel & Kaustubh Chahande, 2022. "Fiscal Multipliers During Pandemics," IMF Working Papers 2022/149, International Monetary Fund.
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    35. Ignat Ignatov, 2021. "Unravelling the EU Debt Knot Over 2000-2019: An Injection-Leakage Approach," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 5, pages 49-71.
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    37. Goemans, Pascal, 2020. "Government Spending in Uncertain and Slack Times: Historical Evidence for Larger Fiscal Multipliers," VfS Annual Conference 2020 (Virtual Conference): Gender Economics 224642, Verein für Socialpolitik / German Economic Association.
    38. Belke, Ansgar & Goemans, Pascal, 2019. "Uncertainty and non-linear macroeconomic effects of fiscal policy in the US: A SEIVAR-based analysis," Ruhr Economic Papers 826, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
    39. Travis J. Berge & Maarten De Ridder & Damjan Pfajfar, 2020. "When is the Fiscal Multiplier High? A Comparison of Four Business Cycle Phases," Finance and Economics Discussion Series 2020-026, Board of Governors of the Federal Reserve System (U.S.).
    40. Sabri Boubaker & Duc Khuong Nguyen & Nikos Paltalidis, 2016. "Fiscal Policy Interventions at the Zero Lower Bound," Working Papers 2016-002, Department of Research, Ipag Business School.
    41. Ionel LEONIDA, 2019. "Influences Of Institutional Factors On The Dimension Of Fiscal And Budgetary Multipliers In Romania For The Period 2006 – 2017," Contemporary Economy Journal, Constantin Brancoveanu University, vol. 4(3), pages 47-53.
    42. Gilles Dufrénot & Aurélia Jambois & Laurine Jambois & Guillaume Khayat, 2016. "Regime-Dependent Fiscal Multipliers in the United States," Post-Print hal-01447865, HAL.
    43. Lukas Vogel, 2015. "Stabilisation and Rebalancing with Fiscal or Monetary Devaluation: A Model-Based Comparison," CESifo Working Paper Series 5625, CESifo.
    44. Glocker, Christian & Sestieri, Giulia & Towbin, Pascal, 2019. "Time-varying government spending multipliers in the UK," Journal of Macroeconomics, Elsevier, vol. 60(C), pages 180-197.
    45. Vanessa Kunzmann, 2023. "Estimating Regime Dependent Fiscal Spillover Effects in a Monetary Union," Working Papers 227, Bavarian Graduate Program in Economics (BGPE).
    46. Jordan Roulleau-Pasdeloup, 2014. "Why is the Government Spending Multiplier Larger at the Zero Lower Bound ? Not (Only) Because of the Zero Lower Bound," Working Papers 2014-02, Center for Research in Economics and Statistics.
    47. Borsi, Mihály Tamás, 2018. "Fiscal multipliers across the credit cycle," Journal of Macroeconomics, Elsevier, vol. 56(C), pages 135-151.
    48. Nicoletta Batini & Mr. Luc Eyraud & Miss Anke Weber, 2014. "A Simple Method to Compute Fiscal Multipliers," IMF Working Papers 2014/093, International Monetary Fund.
    49. Hippolyte d'Albis & Ekrame Boubtane & Dramane Coulibaly, 2018. "Immigration and Government Spending in OECD Countries," PSE Working Papers hal-01852411, HAL.
    50. Ackon, Kwabena Meneabe, 2018. "Essays In Fiscal Policy And State Dependence Fiscal Policy Innovations Using A New Econometric Approach," MPRA Paper 100739, University Library of Munich, Germany.
    51. Fotiou, Alexandra & Shen, Wenyi & Yang, Shu-Chun S., 2020. "The fiscal state-dependent effects of capital income tax cuts," Journal of Economic Dynamics and Control, Elsevier, vol. 117(C).
    52. J. A. Carrillo & C. Poilly, 2012. "How do financial frictions affect the spending multiplier during a liquidity trap?," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 12/779, Ghent University, Faculty of Economics and Business Administration.
    53. Ankargren, Sebastian & Shahnazarian, Hovick, 2019. "The Interaction Between Fiscal and Monetary Policies: Evidence from Sweden," Working Paper Series 365, Sveriges Riksbank (Central Bank of Sweden), revised 01 Apr 2019.
    54. Maria Elkhdari & Moez Souissi & Mr. Andrew Jewell, 2018. "Empirical Estimation of Fiscal Multipliers in MENA Oil-Exporting Countries with an Application to Algeria," IMF Working Papers 2018/124, International Monetary Fund.
    55. Patella, Valeria & Tancioni, Massimiliano, 2021. "Confidence Swings and Sovereign Risk Dynamics," Structural Change and Economic Dynamics, Elsevier, vol. 56(C), pages 195-206.
    56. Bonam, Dennis & Ciccarelli, Matteo & Gomes, Sandra & Aldama, Pierre & Bańkowski, Krzysztof & Buss, Ginters & da Costa, José Cardoso & Christoffel, Kai & Elfsbacka Schmöller, Michaela & Jacquinot, Pasc, 2024. "Challenges for monetary and fiscal policy interactions in the post-pandemic era," Occasional Paper Series 337, European Central Bank.
    57. Serena Merrino, 2021. "Statedependent fiscal multipliers and financial dynamics An impulse response analysis by local projections for South Africa," Working Papers 11015, South African Reserve Bank.
    58. Giovanni Dosi & Andrea Roventini, 2019. "More is different ... and complex! the case for agent-based macroeconomics," Journal of Evolutionary Economics, Springer, vol. 29(1), pages 1-37, March.
    59. El-Shagi, Makram & von Schweinitz, Gregor, 2019. "Fiscal policy and fiscal fragility: Empirical evidence from the OECD," IWH Discussion Papers 13/2019, Halle Institute for Economic Research (IWH).
    60. Valerie A. Ramey & Sarah Zubairy, 2018. "Government Spending Multipliers in Good Times and in Bad: Evidence from US Historical Data," Journal of Political Economy, University of Chicago Press, vol. 126(2), pages 850-901.
    61. Carmignani, Fabrizio, 2022. "The electoral fiscal multiplier," Economic Analysis and Policy, Elsevier, vol. 76(C), pages 938-945.
    62. Steven Fazzari & James Morley & Irina Panovska, 2014. "State-Dependent Effects of Fiscal Policy," Discussion Papers 2012-27C, School of Economics, The University of New South Wales.
    63. Bonam, Dennis & De Haan, Jakob & Soederhuizen, Beau, 2022. "The Effects Of Fiscal Policy At The Effective Lower Bound," Macroeconomic Dynamics, Cambridge University Press, vol. 26(1), pages 149-185, January.
    64. Tannous Kass-Hanna & Julien Reynaud & Chris Walker, 2023. "Estimating Fiscal Multipliers Under Alternative Exchange Rate Regimes: The Case of Bolivia," IMF Working Papers 2023/240, International Monetary Fund.
    65. Pascal Goemans, 2022. "Historical evidence for larger government spending multipliers in uncertain times than in slumps," Economic Inquiry, Western Economic Association International, vol. 60(3), pages 1164-1185, July.
    66. Jean-Marc Fournier, 2019. "A Buffer-Stock Model for the Government: Balancing Stability and Sustainability," IMF Working Papers 2019/159, International Monetary Fund.
    67. Mr. Shafik Hebous & Tom Zimmermann, 2016. "Can Government Demand Stimulate Private Investment? Evidence from U.S. Federal Procurement," IMF Working Papers 2016/060, International Monetary Fund.
    68. Fotiou, Alexandra, 2022. "Non-linearities in fiscal policy: The role of debt," European Economic Review, Elsevier, vol. 150(C).
    69. Bagnai, Alberto & Granville, Brigitte & Mongeau Ospina, Christian A., 2017. "Withdrawal of Italy from the euro area: Stochastic simulations of a structural macroeconometric model," Economic Modelling, Elsevier, vol. 64(C), pages 524-538.
    70. Pagenhardt, Laura & Große Steffen, Christoph & Rieth, Malte, 2021. "Commited to Flexible Fiscal Rules," VfS Annual Conference 2021 (Virtual Conference): Climate Economics 242330, Verein für Socialpolitik / German Economic Association.
    71. Ryan Niladri Banerjee & Fabrizio Zampolli, 2016. "What drives the short-run costs of fiscal consolidation? Evidence from OECD countries," BIS Working Papers 553, Bank for International Settlements.
    72. Hoi Wai Jackie Cheng & Ingo Pitterle, 2018. "Towards a more comprehensive assessment of fiscal space," Working Papers 153, United Nations, Department of Economics and Social Affairs.
    73. Beqiraj, Elton & Patella, Valeria & Tancioni, Massimiliano, 2021. "Fiscal stance and the sovereign risk pass-through," Economic Modelling, Elsevier, vol. 102(C).
    74. Pietro Dallari & Antonio Ribba, 2019. "The Dynamic Effects of Monetary Policy and Government Spending Shocks on Unemployment in the Peripheral Euro Area Countries," Department of Economics 0143, University of Modena and Reggio E., Faculty of Economics "Marco Biagi".
    75. Yépez, Carlos A., 2018. "The impact of credit and fiscal policy under a liquidity trap," The North American Journal of Economics and Finance, Elsevier, vol. 44(C), pages 1-11.
    76. Olesya V. Polyakova, 2023. "Effectiveness of Fiscal Policy in Different Economic Conditions [Эффективность Фискальной Политики В Разных Условиях Функционирования Экономики]," Russian Economic Development, Gaidar Institute for Economic Policy, issue 10, pages 45-52, October.
    77. Mario Di Serio & Matteo Fragetta & Emanuel Gasteiger & Giovanni Melina, 2024. "The Euro Area Government Spending Multiplier in Demand‐ and Supply‐Driven Recessions," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 86(6), pages 1342-1372, December.
    78. Johannes Hermanus Kemp & Hylton Hollander, 2020. "A medium-sized, open-economy, fiscal DSGE model of South Africa," WIDER Working Paper Series wp-2020-92, World Institute for Development Economic Research (UNU-WIDER).
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    80. Li, Rong & Wei, Ning, 2022. "Economic policy uncertainty and government spending multipliers," Economics Letters, Elsevier, vol. 217(C).
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    82. Goemans, Pascal, 2023. "The impact of public consumption and investment in the euro area during periods of high and normal uncertainty," Economic Modelling, Elsevier, vol. 126(C).
    83. Grudter, Vanessa & Aragon, Edilean Kleber, 2017. "Multiplicador dos gastos do governo em períodos de expansão e recessão: evidências empíricas para o Brasil," Revista Brasileira de Economia - RBE, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil), vol. 71(3), September.
    84. Heimberger Philipp & Welslau Lennard & Schütz Bernhard & Gechert Sebastian & Guarascio Dario & Zezza Francesco, 2024. "Debt Sustainability Analysis in Reformed EU Fiscal Rules: The Effect of Fiscal Consolidation on Growth and Public Debt Ratios," Intereconomics: Review of European Economic Policy, Sciendo, vol. 59(5), pages 276-283.
    85. Dallari, Pietro & Ribba, Antonio, 2020. "The dynamic effects of monetary policy and government spending shocks on unemployment in the peripheral Euro area countries," Economic Modelling, Elsevier, vol. 85(C), pages 218-232.
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    88. Sergio Restrepo-Ángel & Hernán Rincón-Castro & Juan J. Ospina-Tejeiro, 2020. "Multiplicadores de los impuestos y del gasto público en Colombia: aproximaciones SVAR y proyecciones locales," Borradores de Economia 1114, Banco de la Republica de Colombia.
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  14. Dellas, Harris & Collard, Fabrice & Angeletos, George-Marios, 2015. "Quantifying Confidence," CEPR Discussion Papers 10463, C.E.P.R. Discussion Papers.

    Cited by:

    1. Cosmin L. Ilut & Hikaru Saijo, 2016. "Learning, Confidence, and Business Cycles," NBER Working Papers 22958, National Bureau of Economic Research, Inc.
    2. Hashmat Khan & Santosh Upadhayaya, 2017. "Does Business Confidence Matter for Investment?," Carleton Economic Papers 17-13, Carleton University, Department of Economics, revised 20 Mar 2019.
    3. Pratiti Chatterjee & Fabio Milani, 2020. "Perceived Uncertainty Shocks, Excess Optimism-Pessimism, and Learning in the Business Cycle," Working Papers 202101, University of California-Irvine, Department of Economics.
    4. Oscar Pavlov & Mark Weder, 2017. "Product Scope and Endogenous Fluctuations," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 24, pages 175-191, March.
    5. Carbonari, Lorenzo & Maurici, Filippo, 2023. "Firm heterogeneity, financial frictions and ambiguity," Journal of Economic Dynamics and Control, Elsevier, vol. 155(C).
    6. Moench, Emanuel & Soofi-Siavash, Soroosh, 2022. "What moves treasury yields?," Journal of Financial Economics, Elsevier, vol. 146(3), pages 1016-1043.
    7. Robert E. Hall, 2016. "Macroeconomics of Persistent Slumps," NBER Working Papers 22230, National Bureau of Economic Research, Inc.
    8. Stephen McKnight & Laura Povoledo, 2021. "Endogenous Fluctuations and International Business Cycles," Serie documentos de trabajo del Centro de Estudios Económicos 2021-10, El Colegio de México, Centro de Estudios Económicos.
    9. Michael Kleemann & Gernot Mueller & Zeno Enders, 2015. "Growth expectations, undue optimism, and short-run fluctuations," 2015 Meeting Papers 406, Society for Economic Dynamics.
    10. Ryan Chahrour & Kristoffer Nimark & Stefan Pitschner, 2021. "Sectoral Media Focus and Aggregate Fluctuations," American Economic Review, American Economic Association, vol. 111(12), pages 3872-3922, December.
    11. Laura Nowzohour & Livio Stracca, 2020. "More Than A Feeling: Confidence, Uncertainty, And Macroeconomic Fluctuations," Journal of Economic Surveys, Wiley Blackwell, vol. 34(4), pages 691-726, September.
    12. Cole, Stephen J. & Milani, Fabio, 2021. "Heterogeneity in individual expectations, sentiment, and constant-gain learning," Journal of Economic Behavior & Organization, Elsevier, vol. 188(C), pages 627-650.
    13. Hollmayr, Josef & Kühl, Michael, 2016. "Learning about banks' net worth and the slow recovery after the financial crisis," Discussion Papers 39/2016, Deutsche Bundesbank.
    14. Saki Bigio & Eduardo Zilberman, 2020. "Speculation-driven Business Cycles," Working Papers 161, Peruvian Economic Association.
    15. Benhima, Kenza & Poilly, Céline, 2021. "Does demand noise matter? Identification and implications," Journal of Monetary Economics, Elsevier, vol. 117(C), pages 278-295.
    16. Enders, Zeno & Peter, Alexandra, 2015. "Global Banking, Trade, and the International Transmission of the Great Recession," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 113022, Verein für Socialpolitik / German Economic Association.
    17. Iseringhausen, Martin & Petrella, Ivan & Theodoridis, Konstantinos, 2021. "Aggregate Skewness and the Business Cycle," Cardiff Economics Working Papers E2021/30, Cardiff University, Cardiff Business School, Economics Section.
    18. Bartosz Maćkowiak & Mirko Wiederholt, 2025. "Rational Inattention and the Business Cycle Effects of Productivity and News Shocks," American Economic Journal: Macroeconomics, American Economic Association, vol. 17(1), pages 274-309, January.
    19. Leon Podkaminer, 2021. "Dynamic Stochastic General Equilibrium: macroeconomics at a dead end," Bank i Kredyt, Narodowy Bank Polski, vol. 52(2), pages 97-122.
    20. Dées, Stephane & Zimic, Srečko, 2019. "Animal spirits, fundamental factors and business cycle fluctuations," Journal of Macroeconomics, Elsevier, vol. 61(C), pages 1-1.
    21. Saccal, Alessandro, 2023. "A role for confidence: volition regimes and news," MPRA Paper 117484, University Library of Munich, Germany.
    22. Bennani, Hamza, 2019. "Does People's Bank of China communication matter? Evidence from stock market reaction," Emerging Markets Review, Elsevier, vol. 40(C), pages 1-1.
    23. Lance Kent, 2015. "Relaxing Rational Expectations," Working Papers 159, Department of Economics, College of William and Mary.
    24. Rüdiger Bachmann & Peter Zorn, 2013. "What Drives Aggregate Investment? Evidence from German Survey Data," NBER Working Papers 18990, National Bureau of Economic Research, Inc.
    25. Lansing, Kevin J., 2024. "Replicating business cycles and asset returns with sentiment and low risk aversion," Journal of Economic Dynamics and Control, Elsevier, vol. 167(C).
    26. Giuseppe Fiori & Filippo Scoccianti, 2021. "The Economic Effects of Firm-Level Uncertainty: Evidence Using Subjective Expectations," International Finance Discussion Papers 1320, Board of Governors of the Federal Reserve System (U.S.).
    27. Kanzari, Dalel & Nakhli, Mohamed Sahbi & Gaies, Brahim & Sahut, Jean-Michel, 2023. "Predicting macro-financial instability – How relevant is sentiment? Evidence from long short-term memory networks," Research in International Business and Finance, Elsevier, vol. 65(C).
    28. Martin Iseringhausen & Konstantinos Theodoridis, 2025. "A survey-based measure of asymmetric macroeconomic risk in the euro area," Working Papers 68, European Stability Mechanism, revised 11 Feb 2025.
    29. Aabid Karim & Heman Das Lohano, 2024. "Sentiment Analysis of State Bank of Pakistan's Monetary Policy Documents and its Impact on Stock Market," Papers 2408.03328, arXiv.org.
    30. Alexandre N. Kohlhas & Ansgar Walther, 2021. "Asymmetric Attention," American Economic Review, American Economic Association, vol. 111(9), pages 2879-2925, September.
    31. Pollak, Andreas, 2022. "A Unified Theory of Growth, Cycles and Unemployment - Part II: Business Cycles and Unemployment," MPRA Paper 117769, University Library of Munich, Germany.
    32. Michał Brzoza-Brzezina & Jacek Kotłowski & Grzegorz Wesołowski, 2020. "International information flows, sentiments and cross-country business cycle fluctuations," KAE Working Papers 2020-047, Warsaw School of Economics, Collegium of Economic Analysis.
    33. Samuele Ridolfi, 2024. "Behavioral Macroeconomics: A Systematic Review for Policy Insights," Journal of Behavioral Economics for Policy, Society for the Advancement of Behavioral Economics (SABE), vol. 8(S2), pages 35-42, December.
    34. Neri, Stefano, 2023. "Long-term inflation expectations and monetary policy in the euro area before the pandemic," European Economic Review, Elsevier, vol. 154(C).
    35. Bijapur, Mohan, 2014. "What Drives Business Cycle Fluctuations: Aggregate or Idiosyncratic Uncertainty Shocks?," MPRA Paper 60361, University Library of Munich, Germany.
    36. Danilo Cascaldi-Garcia, 2022. "Forecast Revisions as Instruments for News Shocks," International Finance Discussion Papers 1341, Board of Governors of the Federal Reserve System (U.S.).
    37. Ascari, Guido & Fasani, Stefano & Grazzini, Jakob & Rossi, Lorenza, 2023. "Endogenous uncertainty and the macroeconomic impact of shocks to inflation expectations," Journal of Monetary Economics, Elsevier, vol. 140(S), pages 48-63.
    38. Patella, Valeria & Tancioni, Massimiliano, 2021. "Confidence Swings and Sovereign Risk Dynamics," Structural Change and Economic Dynamics, Elsevier, vol. 56(C), pages 195-206.
    39. Becard, Yvan & Gauthier, David, 2023. "Banks, nonbanks, and business cycles," European Economic Review, Elsevier, vol. 154(C).
    40. Gondhi, Naveen, 2023. "Rational inattention, misallocation, and the aggregate economy," Journal of Monetary Economics, Elsevier, vol. 136(C), pages 50-75.
    41. Xu, Zhiwei & Zhou, Fei & Zhou, Jing, 2022. "Sentiments and real business cycles," Journal of Economic Dynamics and Control, Elsevier, vol. 141(C).
    42. Jess Benhabib & Xuewen Liu & Pengfei Wang, 2015. "Sentiments, Financial Markets, and Macroeconomic Fluctuations," NBER Working Papers 21294, National Bureau of Economic Research, Inc.
    43. Christian Myohl & Yannic Stucki, 2018. "Confidence and the Financial Accelerator," Diskussionsschriften dp1823, Universitaet Bern, Departement Volkswirtschaft.
    44. Michał Brzoza-Brzezina & Jacek Kotłowski, 2018. "International confidence spillovers and business cycles in small open economies," NBP Working Papers 287, Narodowy Bank Polski.
    45. Andres Algaba & David Ardia & Keven Bluteau & Samuel Borms & Kris Boudt, 2020. "Econometrics Meets Sentiment: An Overview Of Methodology And Applications," Journal of Economic Surveys, Wiley Blackwell, vol. 34(3), pages 512-547, July.
    46. Eggers, Andrew C. & Ellison, Martin & Lee, Sang Seok, 2021. "The economic impact of recession announcements," Journal of Monetary Economics, Elsevier, vol. 120(C), pages 40-52.
    47. Francesco Bianchi & Giovanni Nicolò & Dongho Song, 2023. "Inflation and Real Activity over the Business Cycle," NBER Working Papers 31075, National Bureau of Economic Research, Inc.
    48. Simionescu, Mihaela, 2022. "Econometrics of sentiments- sentometrics and machine learning: The improvement of inflation predictions in Romania using sentiment analysis," Technological Forecasting and Social Change, Elsevier, vol. 182(C).
    49. Sushant Acharya & Jess Benhabib & Zhen Huo, 2021. "The Anatomy of Sentiment-Driven Fluctuations," Staff Working Papers 21-33, Bank of Canada.
    50. Berardi, Michele, 2020. "Uncertainty and sentiments in asset prices," MPRA Paper 103798, University Library of Munich, Germany.
    51. Francesca Vinci & Omar Licandro, 2020. "Switching-track after the Great Recession," Discussion Papers 2020/02, University of Nottingham, Centre for Finance, Credit and Macroeconomics (CFCM).
    52. Chenxi Wang, 2023. "Asset bubbles and frictional intermediation," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 76(3), pages 921-961, October.
    53. Andrea Gazzani & Fabrizio Venditti & Giovanni Veronese, 2024. "Oil price shocks in real time," Temi di discussione (Economic working papers) 1448, Bank of Italy, Economic Research and International Relations Area.
    54. Chen, Zhenxi & Lien, Donald & Lin, Yaheng, 2021. "Sentiment: The bridge between financial markets and macroeconomy," Journal of Economic Behavior & Organization, Elsevier, vol. 188(C), pages 1177-1190.
    55. Angelos Kanas & Panagiotis D. Zervopoulos, 2021. "Systemic risk, real GDP growth, and sentiment," Review of Quantitative Finance and Accounting, Springer, vol. 57(2), pages 461-485, August.
    56. Bassanin, Marzio & Faia, Ester & Patella, Valeria, 2021. "Ambiguity attitudes and the leverage cycle," Journal of International Economics, Elsevier, vol. 129(C).
    57. Omotosho, Babatunde S., 2019. "Business Cycle Fluctuations in Nigeria: Some Insights from an Estimated DSGE Model," MPRA Paper 98351, University Library of Munich, Germany.
    58. Jean-Paul L’Huillier & Robert Waldmann & Donghoon Yoo, 2021. "What Is Consumer Confidence?," ISER Discussion Paper 1135r, Institute of Social and Economic Research, The University of Osaka, revised Dec 2022.
    59. Tian, Can, 2022. "Learning and firm dynamics in a stochastic equilibrium," Journal of Economic Theory, Elsevier, vol. 203(C).
    60. Anmol Bhandari & Jaroslav Borovicka & Paul Ho, 2019. "Survey Data and Subjective Beliefs in Business Cycle Models," Working Paper 19-14, Federal Reserve Bank of Richmond.
    61. Saccal, Alessandro, 2021. "Confidence and economic activity in Europe," MPRA Paper 108812, University Library of Munich, Germany.
    62. Makridis, Christos A., 2022. "The social transmission of economic sentiment on consumption," European Economic Review, Elsevier, vol. 148(C).
    63. Kozeniauskas, Nicholas & Orlik, Anna & Veldkamp, Laura, 2018. "What are uncertainty shocks?," Journal of Monetary Economics, Elsevier, vol. 100(C), pages 1-15.
    64. Christian Myohl, 2018. "The Effect of a Financial Block on the Identification of Confidence Shocks in a Structural VAR Model," Diskussionsschriften dp1821, Universitaet Bern, Departement Volkswirtschaft.
    65. Wu, Jieran, 2022. "Comments on “Sentiments and real business cycles”," Journal of Economic Dynamics and Control, Elsevier, vol. 141(C).
    66. Genaro Mart'in Damiani, 2024. "An essay on the history of DSGE models," Papers 2409.00812, arXiv.org, revised Feb 2025.
    67. 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.

  15. George-Marios Angeletos & Fabrice Collard & Harris Dellas & Behzad Diba, 2013. "Optimal Public Debt Management and Liquidity Provision," NBER Working Papers 18800, National Bureau of Economic Research, Inc.

    Cited by:

    1. Stefan Niemann & Paul Pichler, 2013. "Collateral, Liquidity and Debt Sustainability," Working Papers 187, Oesterreichische Nationalbank (Austrian Central Bank).
    2. Leeper, Eric M. & Leith, Campbell & Liu, Ding, 2021. "Optimal Time-Consistent Monetary, Fiscal and Debt Maturity Policy," Journal of Monetary Economics, Elsevier, vol. 117(C), pages 600-617.
    3. Cao, Qingqing, 2024. "Optimal fiscal and monetary policy with collateral constraints," Journal of Economic Dynamics and Control, Elsevier, vol. 161(C).
    4. Wei Cui, 2017. "When Ramsey Searches for Liquidity," 2017 Meeting Papers 1342, Society for Economic Dynamics.
    5. Cui, Wei, 2016. "Monetary–fiscal interactions with endogenous liquidity frictions," European Economic Review, Elsevier, vol. 87(C), pages 1-25.
    6. Dottori, Davide & Manna, Michele, 2016. "Strategy and tactics in public debt management," Journal of Policy Modeling, Elsevier, vol. 38(1), pages 1-25.
    7. Apostolos Serletis & Libo Xu, "undated". "Financial Frictions and the Fiscal Theory of Price Level Determination," Working Papers 2016-42, Department of Economics, University of Calgary, revised 19 Oct 2016.
    8. Lorenzo Esposito & Giuseppe Mastromatteo, 2019. "Defaultnomics: Making Sense of the Barro-Ricardo Equivalence in a Financialized World," Economics Working Paper Archive wp_933, Levy Economics Institute.
    9. Oleg Itskhoki & Benjamin Moll, 2019. "Optimal Development Policies With Financial Frictions," Econometrica, Econometric Society, vol. 87(1), pages 139-173, January.
    10. Rocheteau, Guillaume & Rodriguez-Lopez, Antonio, 2014. "Liquidity provision, interest rates, and unemployment," Journal of Monetary Economics, Elsevier, vol. 65(C), pages 80-101.
    11. Real Arai & Takuma Kunieda & Keigo Nishida, 2014. "Is Public Debt Growth-Enhancing or Growth-Reducing?," KIER Working Papers 884, Kyoto University, Institute of Economic Research.
    12. Diego J. Perez, 2015. "Sovereign Debt, Domestic Banks and the Provision of Public Liquidity," Discussion Papers 15-016, Stanford Institute for Economic Policy Research.
    13. Robertson, D. & Tambakis, D., 2016. "Long-Run Debt Ratios with Fiscal Fatigue," Cambridge Working Papers in Economics 1674, Faculty of Economics, University of Cambridge.

  16. Smets, Frank & Collard, Fabrice & Boissay, Frédéric, 2013. "Booms and systemic banking crises," Working Paper Series 1514, European Central Bank.

    Cited by:

    1. George Economides & Apostolis Philippopoulos & Petros Varthalitis, 2016. "Monetary Union, Even Higher Integration, or Back to National Currencies?," CESifo Economic Studies, CESifo Group, vol. 62(2), pages 232-255.
    2. Martin Kuncl, 2014. "Securitization under Asymmetric Information over the Business Cycle," CERGE-EI Working Papers wp506, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
    3. Schwaab, Bernd & Koopman, Siem Jan & Lucas, André, 2014. "Nowcasting and forecasting global financial sector stress and credit market dislocation," International Journal of Forecasting, Elsevier, vol. 30(3), pages 741-758.
    4. Daniela Marchettini & Mr. Rodolfo Maino, 2015. "Systemic Risk Assessment in Low Income Countries: Balancing Financial Stability and Development," IMF Working Papers 2015/190, International Monetary Fund.
    5. De Grauwe, Paul & Gerba, Eddie, 2018. "The role of cognitive limitations and heterogeneous expectations for aggregate production and credit cycle," Journal of Economic Dynamics and Control, Elsevier, vol. 91(C), pages 206-236.
    6. Tanna, Sailesh & Luo, Yun & De Vita, Glauco, 2017. "What is the net effect of financial liberalization on bank productivity? A decomposition analysis of bank total factor productivity growth," Journal of Financial Stability, Elsevier, vol. 30(C), pages 67-78.
    7. Tony Hall & Jan Jacobs & Adrian Pagan, 2013. "Macro-Econometric System Modelling @75," CAMA Working Papers 2013-67, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    8. Hubrich, Kirstin & Tetlow, Robert J., 2015. "Financial stress and economic dynamics: The transmission of crises," Journal of Monetary Economics, Elsevier, vol. 70(C), pages 100-115.
    9. Lainà, Patrizio & Nyholm, Juho & Sarlin, Peter, 2015. "Leading indicators of systemic banking crises: Finland in a panel of EU countries," Review of Financial Economics, Elsevier, vol. 24(C), pages 18-35.
    10. Giri, Federico, 2014. "Does interbank market matter for business cycle fluctuation? An estimated DSGE model with financial frictions for the Euro area," FinMaP-Working Papers 27, Collaborative EU Project FinMaP - Financial Distortions and Macroeconomic Performance: Expectations, Constraints and Interaction of Agents.
    11. Dasha Safonova, 2017. "Interbank Network Disruptions and The Real Economy," 2017 Meeting Papers 1568, Society for Economic Dynamics.
    12. Paul De Grauwe & Eddie Gerba, 2016. "Stock market cycles and supply side dynamics: two worlds, one vision?," Working Papers 1626, Banco de España.
    13. Frauke Schleer & Willi Semmler, 2014. "Financial Sector and Output Dynamics in the Euro Area: Non-linearities Reconsidered," SCEPA working paper series. 2014-5, Schwartz Center for Economic Policy Analysis (SCEPA), The New School.
    14. Quadrini, Vincenzo, 2017. "Bank liabilities channel," Journal of Monetary Economics, Elsevier, vol. 89(C), pages 25-44.
    15. Enrique Mendoza & Javier Bianchi, 2015. "Optimal Time-Consistent Macroprudential Policy," 2015 Meeting Papers 289, Society for Economic Dynamics.
    16. Marc Sanchez-Roger & María Dolores Oliver-Alfonso & Carlos Sanchís-Pedregosa, 2019. "Fuzzy Logic and Its Uses in Finance: A Systematic Review Exploring Its Potential to Deal with Banking Crises," Mathematics, MDPI, vol. 7(11), pages 1-22, November.
    17. Thomas, Carlos & Nuño, Galo, 2013. "Bank leverage cycles," Working Paper Series 1524, European Central Bank.
    18. Frédéric Boissay & Fabrice Collard & Frank Smets, 2016. "Booms and Banking Crises," Journal of Political Economy, University of Chicago Press, vol. 124(2), pages 489-538.
    19. Borio, Claudio, 2014. "The financial cycle and macroeconomics: What have we learnt?," Journal of Banking & Finance, Elsevier, vol. 45(C), pages 182-198.
    20. Javier Bianchi & Saki Bigio, 2014. "Banks, Liquidity Management, and Monetary Policy," Staff Report 503, Federal Reserve Bank of Minneapolis.
    21. Diniz, André & Guimaraes, Bernardo, 2023. "How diabolic is the sovereign-bank loop? The effects of post-default fiscal policies," Macroeconomic Dynamics, Cambridge University Press, vol. 27(3), pages 601-634, April.
    22. Takatoshi Ito, 2014. "We Are All QE-sians Now," IMES Discussion Paper Series 14-E-07, Institute for Monetary and Economic Studies, Bank of Japan.
    23. de Grauwe, Paul & Gerba, Eddie, 2015. "Stock market cycles and supply side dynamics," FinMaP-Working Papers 45, Collaborative EU Project FinMaP - Financial Distortions and Macroeconomic Performance: Expectations, Constraints and Interaction of Agents.
    24. Garcia, Alfredo Daniel & Szybisz, Martin Andres, 2017. "Size effect in transitional dynamics of the banking network," MPRA Paper 80195, University Library of Munich, Germany.
    25. Bezemer, Dirk & Zhang, L, 2014. "From boom to bust in the credit cycle," Research Report 14025-GEM, University of Groningen, Research Institute SOM (Systems, Organisations and Management).
    26. Adrian, Tobias & , & Shin, Hyun Song, 2016. "Dynamic Leverage Asset Pricing," CEPR Discussion Papers 11466, C.E.P.R. Discussion Papers.
    27. Dirk Bezemer & Maria Grydaki & Lu Zhang, 2016. "More Mortgages, Lower Growth?," Economic Inquiry, Western Economic Association International, vol. 54(1), pages 652-674, January.
    28. Nuno Coimbra & Hélène Rey, 2024. "Financial Cycles with Heterogeneous Intermediaries," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 91(2), pages 817-857.
    29. Philippopoulos, Apostolis & Varthalitis, Petros & Vassilatos, Vanghelis, 2017. "Fiscal consolidation and its cross-country effects," Journal of Economic Dynamics and Control, Elsevier, vol. 83(C), pages 55-106.
    30. Mark Gertler & Nobuhiro Kiyotaki, 2013. "Banking, Liquidity and Bank Runs in an Infinite Horizon Economy," 2013 Meeting Papers 59, Society for Economic Dynamics.
    31. Schleer, Frauke & Semmler, Willi, 2014. "Financial sector-output dynamics in the euro area: Non-linearities reconsidered," ZEW Discussion Papers 13-068 [rev.], ZEW - Leibniz Centre for European Economic Research.
    32. Figueroa, Nicolás & Leukhina, Oksana, 2018. "Cash flows and credit cycles," Journal of Banking & Finance, Elsevier, vol. 87(C), pages 318-332.
    33. Hartmann, Philipp & Hubrich, Kirstin & Kremer, Manfred & Tetlow, Robert J., 2013. "Melting down: Systemic financial instability and the macroeconomy," VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 80487, Verein für Socialpolitik / German Economic Association.
    34. Garcia-Macia, Daniel & Villacorta, Alonso, 2016. "Macroprudential policy with liquidity panics," ESRB Working Paper Series 24, European Systemic Risk Board.
    35. David Amaglobeli & Mr. Nicolas End & Mariusz Jarmuzek & Mr. Geremia Palomba, 2015. "From Systemic Banking Crises to Fiscal Costs: Risk Factors," IMF Working Papers 2015/166, International Monetary Fund.
    36. Bezemer, Dirk & Grydaki, Maria & Zhang, Lu, 2014. "Is financial development bad for growth?," Research Report 14016-GEM, University of Groningen, Research Institute SOM (Systems, Organisations and Management).
    37. Cameron Harwick, 2019. "Bubbles and Broad Monetary Aggregates: Toward a Consensus Approach to Business Cycles," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 45(2), pages 250-268, April.
    38. Gary B. Gorton, 2012. "Some Reflections on the Recent Financial Crisis," NBER Working Papers 18397, National Bureau of Economic Research, Inc.
    39. Mark Gertler & Nobuhiro Kiyotaki & Andrea Prestipino, 2016. "Wholesale Banking and Bank Runs in Macroeconomic Modeling of Financial Crises," International Finance Discussion Papers 1156, Board of Governors of the Federal Reserve System (U.S.).
    40. Lilit Popoyan, 2020. "Macroprudential Policy: a Blessing or a Curse?," Review of Economics and Institutions, Università di Perugia, vol. 11(1-2).
    41. Clancy, Daragh & Merola, Rossana, 2014. "The effect of macroprudential policy on endogenous credit cycles," Research Technical Papers 15/RT/14, Central Bank of Ireland.
    42. Jianjun Miao & PENGFEI WANG, 2012. "Banking Bubbles and Financial Crisis," Boston University - Department of Economics - Working Papers Series WP2012-010, Boston University - Department of Economics.
    43. Vitor Constancio, 2013. "The European Crisis and the role of the financial system," Special Conference Papers 15, Bank of Greece.
    44. Daragh Clancy & Rossana Merola, 2016. "Countercyclical capital rules for small open economies," Working Papers 10, European Stability Mechanism.
    45. Oriol Carreras & E Philip Davis & Rebecca Piggott, 2016. "Macroprudential tools, transmission and modelling," National Institute of Economic and Social Research (NIESR) Discussion Papers 470, National Institute of Economic and Social Research.
    46. Mr. Jaromir Benes & Mr. Michael Kumhof & Mr. Douglas Laxton, 2014. "Financial Crises in DSGE Models: Selected Applications of MAPMOD," IMF Working Papers 2014/056, International Monetary Fund.
    47. Chiu, Ching-Wai (Jeremy) & Hacioglu Hoke, Sinem, 2016. "Macroeconomic tail events with non-linear Bayesian VARs," Bank of England working papers 611, Bank of England.
    48. Oriol Carreras & E Philip Davis & Ian Hurst & Iana Liadze & Rebecca Piggott & James Warren, 2018. "Implementing Macroprudential Policy in NiGEM," National Institute of Economic and Social Research (NIESR) Discussion Papers 490, National Institute of Economic and Social Research.
    49. Samarina, Anna & Bezemer, Dirk, 2014. "Capital Flows and Financial Intermediation: is EMU different?," Research Report 14021-GEM, University of Groningen, Research Institute SOM (Systems, Organisations and Management).
    50. Patrizio Lainà & Juho Nyholm & Peter Sarlin, 2015. "Leading indicators of systemic banking crises: Finland in a panel of EU countries," Review of Financial Economics, John Wiley & Sons, vol. 24(1), pages 18-35, January.
    51. Angeloni, I., 2014. "European macroprudential policy from gestation to infancy," Financial Stability Review, Banque de France, issue 18, pages 71-84, April.
    52. Andre Diniz & Bernardo Guimaraes, 2014. "Financial Disruption as a Cost of Sovereign Default: a quantative assessment," Discussion Papers 1427, Centre for Macroeconomics (CFM).
    53. van Holle, Frederiek, 2017. "Essays in empirical finance and monetary policy," Other publications TiSEM 30d11a4b-7bc9-4c81-ad24-5, Tilburg University, School of Economics and Management.
    54. Roberto Robatto, 2015. "Financial Crises and Systemic Bank Runs in a Dynamic Model of Banking," 2015 Meeting Papers 483, Society for Economic Dynamics.
    55. Francesco Sergi, 2020. "The Standard Narrative about DSGE Models in Central Banks’ Technical Reports," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 27(2), pages 163-193, March.
    56. Ozge Akinci & Albert Queraltó, 2014. "Banks, Capital Flows and Financial Crises," International Finance Discussion Papers 1121, Board of Governors of the Federal Reserve System (U.S.).
    57. Catullo, Ermanno & Gallegati, Mauro & Palestrini, Antonio, 2015. "Systemic risk and macro-prudential policies: A credit network-based approach," FinMaP-Working Papers 39, Collaborative EU Project FinMaP - Financial Distortions and Macroeconomic Performance: Expectations, Constraints and Interaction of Agents.
    58. Boeri, Tito & Garibaldi, Pietro & Moen, Espen R., 2015. "Financial Frictions, Financial Shocks and Unemployment Volatility," CEPR Discussion Papers 10648, C.E.P.R. Discussion Papers.
    59. Malamud, Semyon & Malkhozov, Aytek, 2016. "Market Integration and Global Crashes," CEPR Discussion Papers 11468, C.E.P.R. Discussion Papers.

  17. Collard, F. & Dellas, H. & Diba, B. & Loisel, O., 2012. "Optimal Monetary and Prudential Policies," Working papers 413, Banque de France.

    Cited by:

    1. Miho Sunaga, 2017. "Capital Adequacy Requirements and Financial Frictions in a Neoclassical Growth Model," Discussion Papers in Economics and Business 17-21, Osaka University, Graduate School of Economics.
    2. Patrick Fève & Pablo Garcia Sanchez & Alban Moura & Olivier Pierrard, 2019. "Costly Default And Asymmetric Real Business Cycles," LIDAM Discussion Papers IRES 2019018, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    3. Gersbach, Hans & Hahn, Volker & Liu, Yulin, 2017. "Macroprudential Policy in the New Keynesian World," VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking 168185, Verein für Socialpolitik / German Economic Association.
    4. Pierre-Richard Agénor & Luiz A. Pereira da Silva, 2021. "Capital requirements, risk-taking and welfare in a growing economy," Journal of Regulatory Economics, Springer, vol. 60(2), pages 167-192, December.
    5. Demosthenes Tambakis, 2021. "A Markov chain measure of systemic banking crisis frequency," Applied Economics Letters, Taylor & Francis Journals, vol. 28(16), pages 1351-1356, September.
    6. Matthew B. Canzoneri & Behzad T. Diba & Luca Guerrieri & Arsenii Mishin, 2020. "Optimal Dynamic Capital Requirements and Implementable Capital Buffer Rules," Finance and Economics Discussion Series 2020-056, Board of Governors of the Federal Reserve System (U.S.).
    7. Burlon, L. & Gerali, A. & Notarpietro, A. & Pisani, M., 2018. "Non-standard monetary policy, asset prices and macroprudential policy in a monetary union," Journal of International Money and Finance, Elsevier, vol. 88(C), pages 25-53.
    8. Gulan, Adam & Jokivuolle, Esa & Verona, Fabio, 2022. "Optimal bank capital requirements: What do the macroeconomic models say?," BoF Economics Review 2/2022, Bank of Finland.
    9. Jose Garcia Revelo & Grégory Levieuge, 2022. "When could Macroprudential and Monetary Policies be in Conflict?," Post-Print hal-03857504, HAL.
    10. Muhammad Ali Nasir & Junjie Wu & Milton Yago & Alaa M. Soliman, 2016. "Macroeconomic policy interaction: State dependency and implications for financial stability in UK: A systemic review," Cogent Business & Management, Taylor & Francis Journals, vol. 3(1), pages 1154283-115, December.
    11. Pozo, Jorge, 2024. "Excessive bank risk-taking in an infinite horizon economy," Journal of Financial Stability, Elsevier, vol. 73(C).
    12. Stefano Carattini & Garth Heutel & Givi Melkadze, 2023. "Online Appendix to "Climate Policy, Financial Frictions, and Transition Risk"," Online Appendices 22-114, Review of Economic Dynamics.
    13. Mendicino, Caterina & Nikolov, Kalin & Suarez, Javier & Supera, Dominik, 2019. "Bank capital in the short and in the long run," Working Paper Series 2286, European Central Bank.
    14. George-Marios Angeletos & Fabrice Collard & Harris Dellas & Behzad Diba, 2013. "Optimal Public Debt Management and Liquidity Provision," NBER Working Papers 18800, National Bureau of Economic Research, Inc.
    15. Mendicino, Caterina & Punzi, Maria Teresa, 2014. "House Prices, Capital Inflows and Macroprudential Policy," Department of Economics Working Paper Series 180, WU Vienna University of Economics and Business.
    16. Maria Demertzis & Itai Agur, 2018. "Will macroprudential policy counteract monetary policy’s effects on financial stability?," Bruegel Working Papers 23907, Bruegel.
    17. L. Clerc & A. Derviz & C. Mendicino & S. Moyen & K. Nikolov & L. Stracca & J. Suarez & A. P. Vardoulakis, 2014. "Capital Regulation in a Macroeconomic Model with Three Layers of Default," Working papers 533, Banque de France.
    18. Pozo, Jorge, 2023. "Sectoral credit reallocation: An excessive bank risk-taking explanation," Emerging Markets Review, Elsevier, vol. 54(C).
    19. Altavilla, Carlo & Laeven, Luc & Peydró, José-Luis, 2020. "Monetary and macroprudential policy complementarities: evidence from European credit registers," Working Paper Series 2504, European Central Bank.
    20. Uwe Vollmer, 2022. "Monetary policy or macroprudential policies: What can tame the cycles?," Journal of Economic Surveys, Wiley Blackwell, vol. 36(5), pages 1510-1538, December.
    21. William John Tayler & Roy Zilberman, 2017. "Taxation, Credit Spreads and Liquidity Traps," Working Papers 173174116, Lancaster University Management School, Economics Department.
    22. Jørgensen, Peter Lihn, 2023. "The global savings glut and the housing boom," Journal of Economic Dynamics and Control, Elsevier, vol. 146(C).
    23. Gross, Marco & Población, Javier, 2017. "Assessing the efficacy of borrower-based macroprudential policy using an integrated micro-macro model for European households," Economic Modelling, Elsevier, vol. 61(C), pages 510-528.
    24. George Economides & Dimitris Papageorgiou & Apostolis Philippopoulos, 2020. "Macroeconomic Policy Lessons for Greece from the Debt Crisis," CESifo Working Paper Series 8188, CESifo.
    25. Hinterschweiger, Marc & Khairnar, Kunal & Ozden, Tolga & Stratton, Tom, 2021. "Macroprudential policy interactions in a sectoral DSGE model with staggered interest rates," Bank of England working papers 904, Bank of England.
    26. Lien Laureys & Roland Meeks & Boromeus Wanengkirtyo, 2020. "Optimal simple objectives for monetary policy when banks matter," CAMA Working Papers 2020-98, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    27. Ben-Gad, Michael & Pearlman, Joseph & Sabuga, Ivy, 2022. "An analysis of monetary and macroprudential policies in a DSGE model with reserve requirements and mortgage lending," Economic Modelling, Elsevier, vol. 116(C).
    28. Dominic Quint & Pau Rabanal, 2014. "Monetary and Macroprudential Policy in an Estimated DSGE Model of the Euro Area," International Journal of Central Banking, International Journal of Central Banking, vol. 10(2), pages 169-236, June.
    29. Abbate, Angela & Thaler, Dominik, 2023. "Optimal monetary policy with the risk-taking channel," Working Paper Series 2772, European Central Bank.
    30. Stefano Carattini & Garth Heutel & Givi Melkadze, 2021. "Climate Policy, Financial Frictions, and Transition Risk," NBER Working Papers 28525, National Bureau of Economic Research, Inc.
    31. Kiley, Michael T. & Sim, Jae, 2017. "Optimal monetary and macroprudential policies: Gains and pitfalls in a model of financial intermediation," Journal of Macroeconomics, Elsevier, vol. 54(PB), pages 232-259.
    32. Muhammad Ali Nasir & Min Du, 2018. "Integration of Financial Markets in Post Global Financial Crises and Implications for British Financial Sector: Analysis Based on A Panel VAR Model," Journal of Quantitative Economics, Springer;The Indian Econometric Society (TIES), vol. 16(2), pages 363-388, June.
    33. Simona E. Cociuba & Malik Shukayev & Alexander Ueberfeldt, 2019. "Managing Risk Taking With Interest Rate Policy And Macroprudential Regulations," Economic Inquiry, Western Economic Association International, vol. 57(2), pages 1056-1081, April.
    34. Christophe Blot & Paul Hubert & Fabien Labondance, 2018. "Monetary Policy and Asset Price Bubbles," Documents de Travail de l'OFCE 2018-37, Observatoire Francais des Conjonctures Economiques (OFCE).
    35. 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).
    36. Imran Hussain Shaha & Simón Sosvilla-Rivero, 2017. "Seeking price and macroeconomic stabilisation in the euro area: The role of house prices and stock prices," Working Papers del Instituto Complutense de Estudios Internacionales 1707, Universidad Complutense de Madrid, Instituto Complutense de Estudios Internacionales.
    37. David Aikman & Julia Giese & Sujit Kapadia & Michael McLeay, 2023. "Targeting Financial Stability: Macroprudential or Monetary Policy?," International Journal of Central Banking, International Journal of Central Banking, vol. 19(1), pages 159-242, March.
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    39. Lazopoulos, Ioannis & Gabriel, Vasco, 2019. "Policy mandates and institutional architecture," Journal of Banking & Finance, Elsevier, vol. 100(C), pages 122-134.
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    41. Pierre-Richard Agénor & Alessandro Flamini, 2016. "Institutional Mandates for Macroeconomic and Financial Stability," Centre for Growth and Business Cycle Research Discussion Paper Series 231, Economics, The University of Manchester.
    42. Angela Abbate & Dominik Thaler, 2018. "Monetary policy and the asset risk-taking channel," Working Papers 1805, Banco de España.
    43. Natalie Tiernan & Pedro Gete, 2014. "Overlending and Macroprudential Tools," 2014 Meeting Papers 379, Society for Economic Dynamics.
    44. Hansen, James, 2018. "Optimal monetary policy with capital and a financial accelerator," Journal of Economic Dynamics and Control, Elsevier, vol. 92(C), pages 84-102.
    45. Christophe Blot & Paul Hubert & Fabien Labondance, 2017. "Does monetary policy generate asset price bubbles ?," Documents de Travail de l'OFCE 2017-05, Observatoire Francais des Conjonctures Economiques (OFCE).
    46. Darracq Pariès, Matthieu & Kok, Christoffer & Rottner, Matthias, 2020. "Reversal interest rate and macroprudential policy," Working Paper Series 2487, European Central Bank.
    47. Jan Klingelhöfer & Rongrong Sun, 2017. "Macroprudential Policy, Central Banks and Financial Stability: Evidence from China," CFDS Discussion Paper Series 2017/4, Center for Financial Development and Stability at Henan University, Kaifeng, Henan, China.
    48. Agénor, Pierre-Richard & Jackson, Timothy P., 2022. "Monetary and macroprudential policy coordination with biased preferences," Journal of Economic Dynamics and Control, Elsevier, vol. 144(C).
    49. Gebauer, Stefan & Mazelis, Falk, 2023. "Macroprudential regulation and leakage to the shadow banking sector," European Economic Review, Elsevier, vol. 154(C).
    50. Matthieu Darracq Paries & Jenny Korner & Niki Papadopoulou, 2019. "Empowering Central Bank Asset Purchases: The Role of Financial Policies," Working Papers 2019-1, Central Bank of Cyprus.
    51. Palek, Jakob & Schwanebeck, Benjamin, 2019. "Optimal monetary and macroprudential policy in a currency union," Journal of International Money and Finance, Elsevier, vol. 93(C), pages 167-186.
    52. Mary Everett & Jakob de Haan & David‐Jan Jansen & Peter McQuade & Anna Samarina, 2021. "Mortgage lending, monetary policy, and prudential measures in small euro‐area economies: Evidence from Ireland and the Netherlands," Review of International Economics, Wiley Blackwell, vol. 29(1), pages 117-143, February.
    53. Gianluca Benigno, 2013. "Commentary on Macroprudential Policies," International Journal of Central Banking, International Journal of Central Banking, vol. 9(1), pages 287-297, March.
    54. Bianca De Paoli & Matthias Paustian, 2013. "Coordinating monetary and macroprudential policies," Staff Reports 653, Federal Reserve Bank of New York.
    55. Malik Shukayev & Alexander Ueberfeldt, 2021. "Are Bank Bailouts Welfare Improving?," Staff Working Papers 21-56, Bank of Canada.
    56. Madeira, Carlos, 2024. "The impact of macroprudential policies on industrial growth," Journal of International Money and Finance, Elsevier, vol. 145(C).
    57. Millard, Stephen & Rubio, Margarita & Varadi, Alexandra, 2021. "The macroprudential toolkit: effectiveness and interactions," Bank of England working papers 902, Bank of England.
    58. Igarashi, Yoske & Liu, Keqing, 2024. "Should macroprudential policy be countercyclical?," Journal of Economic Dynamics and Control, Elsevier, vol. 158(C).
    59. Beck, Thorsten & Colciago, Andrea & Pfajfar, Damjan, 2014. "The role of financial intermediaries in monetary policy transmission," Journal of Economic Dynamics and Control, Elsevier, vol. 43(C), pages 1-11.
    60. Arsenii Mishin, 2023. "Online Appendix to "Dynamic Bank Capital Regulation in the Presence of Shadow Banks"," Online Appendices 21-346, Review of Economic Dynamics.
    61. Krenz, Johanna & Živanović, Jelena, 2024. "Macroprudential capital requirements, monetary policy, and financial crises," Economic Modelling, Elsevier, vol. 139(C).
    62. Pozo, Jorge, 2023. "The effects of countercyclical leverage buffers on macroeconomic and financial stability," The Quarterly Review of Economics and Finance, Elsevier, vol. 89(C), pages 194-217.
    63. guo, min & zhao, jizhi, 2013. "最优货币政策和最优金融稳定政策的一般均衡分析 [General equilibrium analysis of the optimal monetary policy and the optimal financial stability policy]," MPRA Paper 48143, University Library of Munich, Germany.
    64. Agiakloglou, Christos & Gkouvakis, Michael, 2022. "Policy implications and welfare analysis under the possibility of default for the Euro zone area," The Journal of Economic Asymmetries, Elsevier, vol. 25(C).
    65. William Tayler & Roy Zilberman, 2023. "Unconventional Policies in State-Contingent Liquidity Traps," Working Papers 400233890, Lancaster University Management School, Economics Department.
    66. Cao, Jin & Chollete, Lorán, 2017. "Monetary policy and financial stability in the long run: A simple game-theoretic approach," Journal of Financial Stability, Elsevier, vol. 28(C), pages 125-142.
    67. Pozo, Jorge, 2023. "Bank risk-taking in emerging economies: Empirical evidence and theory," Journal of Financial Stability, Elsevier, vol. 67(C).
    68. Ioanna Kokores, 2015. "Lean-Against-the-Wind Monetary Policy: The Post-Crisis Shift in the Literature," SPOUDAI Journal of Economics and Business, SPOUDAI Journal of Economics and Business, University of Piraeus, vol. 65(3-4), pages 66-99, july-Dece.
    69. Ferrero, Andrea & Harrison, Richard & Nelson, Benjamin, 2022. "House price dynamics, optimal LTV limits and the liquidity trap," Bank of England working papers 969, Bank of England.
    70. William Tayler & Roy Zilberman, 2017. "Unconventional Taxation Policy, Financial Frictions and Liquidity Traps," EcoMod2017 10741, EcoMod.
    71. Matthieu Bussière & Jin Cao & Jakob de Haan & Robert Hills & Simon Lloyd & Baptiste Meunier & Justine Pedrono & Dennis Reinhardt & Sonalika Sinha & Rhiannon Sowerbutts & Konstantin Styrin, 2021. "The interaction between macroprudential policy and monetary policy: Overview," Review of International Economics, Wiley Blackwell, vol. 29(1), pages 1-19, February.
    72. Christian Friedrich & Kristina Hess & Rose Cunningham, 2019. "Monetary Policy and Financial Stability: Cross‐Country Evidence," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 51(2-3), pages 403-453, March.
    73. Agur, Itai, 2019. "Monetary and macroprudential policy coordination among multiple equilibria," Journal of International Money and Finance, Elsevier, vol. 96(C), pages 192-209.
    74. Hodula, Martin & Libich, Jan, 2023. "Has monetary policy fueled the rise in shadow banking?," Economic Modelling, Elsevier, vol. 123(C).
    75. Wang, Shengquan & Chen, Langnan & Xiong, Xiong, 2019. "Asset bubbles, banking stability and economic growth," Economic Modelling, Elsevier, vol. 78(C), pages 108-117.
    76. Daragh Clancy & Rossana Merola, 2016. "Countercyclical capital rules for small open economies," Working Papers 10, European Stability Mechanism.
    77. Reiter, Michael & Zessner-Spitzenberg, Leopold, 2023. "Long-term bank lending and the transfer of aggregate risk," Journal of Economic Dynamics and Control, Elsevier, vol. 151(C).
    78. Jens Fittje, 2023. "Risk-shifting, concentration risk, and heterogeneous borrowers," International Economics and Economic Policy, Springer, vol. 20(4), pages 509-536, October.
    79. Meylis Orazov, 2023. "The Interaction of Monetary and Macroprudential Policies in the Presence of Financial Frictions," Russian Journal of Money and Finance, Bank of Russia, vol. 82(4), pages 3-43, December.
    80. Martin Hodula & Ngoc Anh Ngo, 2021. "Does Macroprudential Policy Leak? Evidence from Non-Bank Credit Intermediation in EU Countries," Working Papers 2021/5, Czech National Bank.
    81. Hiebert, Paul & Jaccard, Ivan & Schüler, Yves, 2018. "Contrasting financial and business cycles: Stylized facts and candidate explanations," Journal of Financial Stability, Elsevier, vol. 38(C), pages 72-80.
    82. Lewis, Vivien & Roth, Markus, 2018. "Interest rate rules under financial dominance," Journal of Economic Dynamics and Control, Elsevier, vol. 95(C), pages 70-88.
    83. Nelson, Benjamin & Pinter, Gabor, 2018. "Macroprudential capital regulation in general equilibrium," Bank of England working papers 770, Bank of England.
    84. E. Jondeau & J-G. Sahuc, 2018. "A General Equilibrium Appraisal of Capital Shortfall," Working papers 668, Banque de France.
    85. Tobal, Martin & Menna, Lorenzo, 2020. "Monetary policy and financial stability in emerging market economies," Latin American Journal of Central Banking (previously Monetaria), Elsevier, vol. 1(1).
    86. Muhammad Ali Nasir & Milton Yago & Alaa M. Soliman & Junjie Wu, 2016. "Financial stability, wealth effects and optimal macroeconomic policy combination in the United Kingdom: A new-Keynesian dynamic stochastic general equilibrium framework," Cogent Economics & Finance, Taylor & Francis Journals, vol. 4(1), pages 1136098-113, December.
    87. Stephen Millard, & Margarita Rubio & Alexandra Varadi, 2020. "The impact of Covid-19 on productivity," Discussion Papers 2020/14, University of Nottingham, Centre for Finance, Credit and Macroeconomics (CFCM).
    88. Silvo, Aino, 2016. "The interaction of monetary and macroprudential policies in economic stabilisation," Bank of Finland Research Discussion Papers 1/2016, Bank of Finland.
    89. Geoffrey M. Ngene & Daniel P. Sohn & M. Kabir Hassan, 2017. "Time-Varying and Spatial Herding Behavior in the US Housing Market: Evidence from Direct Housing Prices," The Journal of Real Estate Finance and Economics, Springer, vol. 54(4), pages 482-514, May.
    90. Bianca De Paoli & Matthias Paustian, 2017. "Coordinating Monetary and Macroprudential Policies," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 49(2-3), pages 319-349, March.
    91. Amira Hakim & Eleftherios Thalassinos, 2021. "Risk Sharing, Macro-Prudential Policy and Welfare in an Overlapping Generations Model (OLG) Economy," European Research Studies Journal, European Research Studies Journal, vol. 0(4 - Part ), pages 585-611.
    92. Patrick Fève & Pablo Garcia Sanchez & Alban Moura & Olivier Pierrard, 2021. "Costly default and skewed business cycle," Post-Print hal-03346173, HAL.
    93. Malovaná, Simona & Hodula, Martin & Gric, Zuzana & Bajzík, Josef, 2023. "Macroprudential policy in central banks: Integrated or separate? Survey among academics and central bankers," Journal of Financial Stability, Elsevier, vol. 65(C).
    94. Gabriele Galati & Richhild Moessner, 2018. "What Do We Know About the Effects of Macroprudential Policy?," Economica, London School of Economics and Political Science, vol. 85(340), pages 735-770, October.
    95. Górajski, Mariusz & Kuchta, Zbigniew, 2023. "Coordination and non-coordination risks of monetary and macroprudential authorities: A robust welfare analysis," The North American Journal of Economics and Finance, Elsevier, vol. 67(C).
    96. Oparah Felix Chukwudi & James Tumba Henry, 2020. "Monetary Policy and Financial Stability in the Nigerian Banking Industry," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 11(1), pages 82-114, January.
    97. Indrani Manna, 2018. "Can We Still Lean Against the Wind?," Open Economies Review, Springer, vol. 29(2), pages 223-259, April.
    98. Verona, Fabio & Martins, Manuel M.F. & Drumond, Inês, 2017. "Financial shocks, financial stability, and optimal Taylor rules," Journal of Macroeconomics, Elsevier, vol. 54(PB), pages 187-207.
    99. Kosuke Aoki & Gianluca Benigno & Nobuhiro Kiyotaki, 2016. "Monetary and Financial Policies in Emerging Markets," Working Papers 2016-4, Princeton University. Economics Department..

  18. Hippolyte d'Albis & Fabrice Collard, 2012. "Age groups and the Measure of Population Aging," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00768889, HAL.

    Cited by:

    1. Florian Bonnet & Hippolyte d'Albis, 2018. "Spatial Inequality in Mortality in France over the Past Two Centuries," PSE Working Papers halshs-01945918, HAL.
    2. Hippolyte d'Albis & Fabrice Collard, 2012. "Age Groups and the Measure of Population Aging," Documents de travail du Centre d'Economie de la Sorbonne 12081, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
    3. Ikpidi Badji & Hippolyte d'Albis, 2017. "Intergenerational Inequalities in Standards of Living in France," PSE-Ecole d'économie de Paris (Postprint) hal-01549794, HAL.
    4. Roberta Paroli & Guido Consonni & Alessandro Rosina, 2020. "The Measure of Population Aging in Different Welfare Regimes: A Bayesian Dynamic Modeling Approach," European Journal of Population, Springer;European Association for Population Studies, vol. 36(2), pages 363-385, April.
    5. Hippolyte d'Albis & Ikpidi Badji, 2017. "Les inégalités de niveaux de vie entre les générations en France," PSE-Ecole d'économie de Paris (Postprint) halshs-01524882, HAL.
    6. N Renuga Nagarajan & Mineko Wada & Mei Lan Fang & Andrew Sixsmith, 2019. "Defining organizational contributions to sustaining an ageing workforce: a bibliometric review," European Journal of Ageing, Springer, vol. 16(3), pages 337-361, September.
    7. Ghassan, Hassan & Alhajhoj, Hassan R. & Balli, Faruk, 2018. "Bi-Demographic Changes and Current Account using SVAR Modeling: Evidence from Saudi Arabia," MPRA Paper 93013, University Library of Munich, Germany, revised 01 Feb 2019.
    8. Hassan Belkacem Ghassan & Hassan Rafdan Al-Hajhoj & Faruk Balli, 2019. "Bi-Demographic Changes and Current Account using SVAR Modeling: Evidence from Saudi Economy," Working Papers hal-01742574, HAL.
    9. Douglas, Evan J. & Shepherd, Dean A. & Venugopal, Vidhula, 2021. "A multi-motivational general model of entrepreneurial intention," Journal of Business Venturing, Elsevier, vol. 36(4).
    10. Hassan B. Ghassan & Hassan R. Al-Hajhoj & Faruk Balli, 2018. "Bi-Demographic Changes and Current Account using SVAR Modeling," Papers 1803.11161, arXiv.org, revised Mar 2019.

  19. Fabrice Collard & Harris Dellas & Frank Smets, 2009. "Imperfect Information and the Business Cycle," School of Economics and Public Policy Working Papers 2009-15, University of Adelaide, School of Economics and Public Policy.

    Cited by:

    1. Nebile KORUCU GUMUSOGLU & Julide YILDIRIM & Semsettin KARASU, 2010. "The Effect of Civilian Unemploment on Reenlistment Decision in Turkish Armed Forces," EcoMod2010 259600095, EcoMod.
    2. Paul Levine & Joseph Pearlman & George Perendia & Bo Yang, 2012. "Endogenous Persistence in an estimated DSGE Model Under Imperfect Information," Economic Journal, Royal Economic Society, vol. 122(565), pages 1287-1312, December.
    3. Brenneisen, Jan-Niklas, 2020. "Monetary policy under imperfect information and consumer confidence," Economics Working Papers 2020-04, Christian-Albrechts-University of Kiel, Department of Economics.
    4. Tarek Alexander Hassan, 2012. "Country Size, Currency Unions, and International Asset Returns," NBER Working Papers 18057, National Bureau of Economic Research, Inc.
    5. Hur, Joonyoung, 2018. "Time-varying information rigidities and fluctuations in professional forecasters' disagreement," Economic Modelling, Elsevier, vol. 75(C), pages 117-131.
    6. Christian Matthes & Thomas Lubik, 2013. "Indeterminacy and Learning: An Analysis of Monetary Policy in the Great Inflation," 2013 Meeting Papers 973, Society for Economic Dynamics.
    7. Guido Lorenzoni, 2009. "A Theory of Demand Shocks," American Economic Review, American Economic Association, vol. 99(5), pages 2050-2084, December.
    8. Angela Maddaloni & José-Luis Peydró, 2010. "Bank lending standards and the origins and implications of the current banking crisis," Research Bulletin, European Central Bank, vol. 9, pages 6-9.
    9. Stefano Neri & Tiziano Ropele, 2011. "Imperfect information, real-time data and monetary policy in the euro area," Temi di discussione (Economic working papers) 802, Bank of Italy, Economic Research and International Relations Area.
    10. Chou, Jenyu & Easaw, Joshy & Minford, Patrick, 2021. "Does Inattentiveness Matter for DSGE Modelling? An Empirical Investigation," Cardiff Economics Working Papers E2021/35, Cardiff University, Cardiff Business School, Economics Section.
    11. Georgios Kouretas & Manthos D. Delis & Christos Tsoumas, 2011. "Anxious periods and bank lending," EcoMod2011 3032, EcoMod.
    12. Jenyu Chou & Yifei Cao & Patrick Minford, 2023. "Evaluation and indirect inference estimation of inattentive features in a New Keynesian framework," Journal of Forecasting, John Wiley & Sons, Ltd., vol. 42(3), pages 530-542, April.
    13. Fiorella De Fiore & Oreste Tristani, 2010. "Financial conditions and monetary policy," Research Bulletin, European Central Bank, vol. 9, pages 10-12.
    14. Giovanni Lombardo & Peter McAdam, 2010. "Incorporating financial frictions into new-generation macro models," Research Bulletin, European Central Bank, vol. 9, pages 13-16.
    15. Perendia, George & Tsoukis, Chris, 2012. "The Keynesian multiplier, news and fiscal policy rules in a DSGE model," Dynare Working Papers 25, CEPREMAP.
    16. Paul Levine & Joseph Pearlman & Bo Yang, 2012. "Imperfect Information, Optimal Monetary Policy and Informational Consistency," School of Economics Discussion Papers 1012, School of Economics, University of Surrey.
    17. Hur, Joonyoung & Kim, Insu, 2016. "Information rigidities in survey data: Evidence from dispersions in forecasts and forecast revisions," Economics Letters, Elsevier, vol. 142(C), pages 10-14.
    18. Matthew Canzoneri & Fabrice Collard & Harris Dellas & Behzad Diba, 2012. "Withering Government Spending Multipliers," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 44, pages 185-210, December.
    19. Frank Smets & Kai Christoffel & Günter Coenen & Roberto Motto & Massimo Rostagno, 2010. "DSGE models and their use at the ECB," SERIEs: Journal of the Spanish Economic Association, Springer;Spanish Economic Association, vol. 1(1), pages 51-65, March.
    20. Vega, Hugo, 2010. "Total factor productivity and signal noise volatility in an incomplete information setting," Working Papers 2010-014, Banco Central de Reserva del Perú.
    21. Paul Levine & Joseph Pearlman & Alessio Volpicella & Bo Yang, 2022. "The Use and Mis-Use of SVARs for Validating DSGE Models," School of Economics Discussion Papers 0522, School of Economics, University of Surrey.
    22. Paul Levine & Joseph Pearlman & Stephen Wright & Bo Yang, 2023. "Imperfect Information and Hidden Dynamics," School of Economics Discussion Papers 1223, School of Economics, University of Surrey.
    23. Givens, Gregory & Salemi, Michael, 2012. "Inferring monetary policy objectives with a partially observed state," MPRA Paper 39353, University Library of Munich, Germany.
    24. Gene Ambrocio, 2020. "Rational exuberance booms," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 35, pages 263-282, January.
    25. Ma, Xiaohan & Samaniego, Roberto, 2022. "Business cycle dynamics when neutral and investment-specific technology shocks are imperfectly observable," Journal of Mathematical Economics, Elsevier, vol. 101(C).
    26. Cornelia Holthausen & Huw Pill, 2010. "The forgotten markets: How understanding money markets helps us to understand the financial crisis," Research Bulletin, European Central Bank, vol. 9, pages 2-5.
    27. Paul Levine & Neil Rickman, 2021. "Optimal Lockdown in an Epidemiological-Macroeconomic Model," School of Economics Discussion Papers 0421, School of Economics, University of Surrey.

  20. Fabrice Collard & Harris Dellas, 2009. "Monetary Misperceptions, Output and Inflation Dynamics," School of Economics and Public Policy Working Papers 2009-23, University of Adelaide, School of Economics and Public Policy.

    Cited by:

    1. Mandel, Antoine & Taghawi-Nejad, Davoud & Veetil, Vipin P., 2019. "The price effects of monetary shocks in a network economy," Journal of Economic Behavior & Organization, Elsevier, vol. 164(C), pages 300-316.
    2. Christian Matthes & Thomas Lubik, 2013. "Indeterminacy and Learning: An Analysis of Monetary Policy in the Great Inflation," 2013 Meeting Papers 973, Society for Economic Dynamics.
    3. Stefano Neri & Tiziano Ropele, 2011. "Imperfect information, real-time data and monetary policy in the euro area," Temi di discussione (Economic working papers) 802, Bank of Italy, Economic Research and International Relations Area.
    4. Collard, Fabrice & Dellas, Harris & Smets, Frank, 2009. "Imperfect information and the business cycle," Journal of Monetary Economics, Elsevier, vol. 56(S), pages 38-56.
    5. Chou, Jenyu & Easaw, Joshy & Minford, Patrick, 2021. "Does Inattentiveness Matter for DSGE Modelling? An Empirical Investigation," Cardiff Economics Working Papers E2021/35, Cardiff University, Cardiff Business School, Economics Section.
    6. Jenyu Chou & Yifei Cao & Patrick Minford, 2023. "Evaluation and indirect inference estimation of inattentive features in a New Keynesian framework," Journal of Forecasting, John Wiley & Sons, Ltd., vol. 42(3), pages 530-542, April.
    7. Matthew Canzoneri & Fabrice Collard & Harris Dellas & Behzad Diba, 2012. "Withering Government Spending Multipliers," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 44, pages 185-210, December.
    8. Paul Levine & Joseph Pearlman & Alessio Volpicella & Bo Yang, 2022. "The Use and Mis-Use of SVARs for Validating DSGE Models," School of Economics Discussion Papers 0522, School of Economics, University of Surrey.
    9. Paul Levine & Joseph Pearlman & Stephen Wright & Bo Yang, 2023. "Imperfect Information and Hidden Dynamics," School of Economics Discussion Papers 1223, School of Economics, University of Surrey.
    10. Brad Baxter & Liam Graham & Stephen Wright, 2010. "Invertible and non-invertible information sets in linear rational expectations models," Post-Print hal-00767497, HAL.
    11. Givens, Gregory & Salemi, Michael, 2012. "Inferring monetary policy objectives with a partially observed state," MPRA Paper 39353, University Library of Munich, Germany.
    12. 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.

  21. Fabrice Collard & Harris Dellas & Behzad Diba & Alan Stockman, 2009. "Goods Trade and International Equity Portfolios," School of Economics and Public Policy Working Papers 2009-14, University of Adelaide, School of Economics and Public Policy.

    Cited by:

    1. Ina Simonovska & Athanasios Geromichalos, 2011. "Asset Liquidity and International Portfolio Choice," 2011 Meeting Papers 756, Society for Economic Dynamics.
    2. Coeurdacier, Nicolas, 2006. "Do Trade Costs in Goods Market Lead to Home Bias in Equities?," ESSEC Working Papers DR 06011, ESSEC Research Center, ESSEC Business School.
    3. Tamas Z. Csabafi & Max Gillman & Ruthira Naraidoo, 2019. "International Business Cycle and Financial Intermediation," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 51(8), pages 2293-2303, December.
    4. Islamaj Ergys, 2014. "Industrial specialization, financial integration and international consumption risk sharing," The B.E. Journal of Macroeconomics, De Gruyter, vol. 14(1), pages 477-509, January.
    5. Tobias Broer, 2008. "The home bias of the poor: terms of trade effects and portfolios across the wealth distribution," Economics Working Papers ECO2008/28, European University Institute.
    6. Leon, Jorge, 2010. "International Portfolios and the U.S. Current Account," MPRA Paper 45281, University Library of Munich, Germany.
    7. Nicolas Coeurdacier & Hélène Rey, 2010. "Home bias in open economy financial macroeconomics," Working Papers hal-01069440, HAL.
    8. Gianluca Benigno & Hande Küçük-Tuger, 2011. "Portfolio Allocation and International Risk Sharing," CEP Discussion Papers dp1048, Centre for Economic Performance, LSE.
    9. Tarek Alexander Hassan, 2012. "Country Size, Currency Unions, and International Asset Returns," NBER Working Papers 18057, National Bureau of Economic Research, Inc.
    10. Dellas, Harris & Tavlas, George, 2013. "Exchange rate regimes and asset prices," Journal of International Money and Finance, Elsevier, vol. 38(C), pages 85-94.
    11. Hamano, Masashige, 2015. "International equity and bond positions in a DSGE model with variety risk in consumption," Journal of International Economics, Elsevier, vol. 96(1), pages 212-226.
    12. Tarek A. Hassan & Thomas M. Mertens & Tony Zhang, 2015. "Not so disconnected: exchange rates and the capital stock," Working Paper Series 2015-21, Federal Reserve Bank of San Francisco.
    13. Hnatkovska, Viktoria, 2010. "Home bias and high turnover: Dynamic portfolio choice with incomplete markets," Journal of International Economics, Elsevier, vol. 80(1), pages 113-128, January.
    14. Philipp Harms & Mathias Hoffmann & Christina Ortseifer, 2015. "The Home Bias in Equities and Distribution Costs," Scandinavian Journal of Economics, Wiley Blackwell, vol. 117(3), pages 983-1018, July.
    15. van Wincoop, Eric & Warnock, Francis E., 2010. "Can trade costs in goods explain home bias in assets?," Journal of International Money and Finance, Elsevier, vol. 29(6), pages 1108-1123, October.
    16. Hu, Chenyue, 2020. "Industrial specialization matters: A new angle on equity home Bias," Journal of International Economics, Elsevier, vol. 126(C).
    17. Tarek Alexander Hassan, 2010. "Country Size, Currency Areas, and International Asset Returns," 2010 Meeting Papers 365, Society for Economic Dynamics.
    18. Haoyuan Ding & Xiao Li & Jiezhou Ying, 2023. "Anti‐dumping Policies and International Portfolio Allocation: The View from the Global Funds," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 31(2), pages 58-83, March.
    19. Marta Arespa, 2015. "Endogenous Home Bias in Portfolio Diversification and Firms’ Entry," Review of International Economics, Wiley Blackwell, vol. 23(1), pages 14-44, February.
    20. Hu, Chenyue, 2023. "What explains equity home bias? Theory and evidence at the sector level," Santa Cruz Department of Economics, Working Paper Series qt8nh9t5zs, Department of Economics, UC Santa Cruz.

  22. Collard , F. & F ve, P. & Matheron, J., 2007. "The Dynamic Effects of Disinflation Policies," Working papers 190, Banque de France.

    Cited by:

    1. Ascari, Guido & Ropele, Tiziano, 2012. "Disinflation in a DSGE perspective: Sacrifice ratio or welfare gain ratio?," Journal of Economic Dynamics and Control, Elsevier, vol. 36(2), pages 169-182.
    2. Giamattei, Marcus, 2015. "Cold Turkey vs. Gradualism - Evidence on Disinflation Strategies from a Laboratory Experiment," Passauer Diskussionspapiere, Volkswirtschaftliche Reihe V-67-15, University of Passau, Faculty of Business and Economics.
    3. Michelis, Andrea De & Iacoviello, Matteo, 2016. "Raising an inflation target: The Japanese experience with Abenomics," European Economic Review, Elsevier, vol. 88(C), pages 67-87.
    4. Ascari, Guido & Ropele, Tiziano, 2013. "Disinflation effects in a medium-scale New Keynesian model: Money supply rule versus interest rate rule," European Economic Review, Elsevier, vol. 61(C), pages 77-100.

  23. Collard, Fabrice & Dellas, Harris, 2006. "Misperceived Money and Inflation Dynamics," IDEI Working Papers 424, Institut d'Économie Industrielle (IDEI), Toulouse.

    Cited by:

    1. Chris Tsoukis & George Kapetanios & Joseph Pearlman, 2007. "The Elusive Persistence: Wage and Price Rigidities, the Phillips Curve, and Inflation Dynamics," Working Papers 619, Queen Mary University of London, School of Economics and Finance.
    2. de Grauwe, Paul & Macchiarelli, Corrado, 2015. "Animal spirits and credit cycles," LSE Research Online Documents on Economics 63984, London School of Economics and Political Science, LSE Library.
    3. Fabrice Collard & Harris Dellas, 2008. "Monetary Policy and Inflation in the 70s," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 40(8), pages 1765-1781, December.
    4. Christopher Tsoukis & George Kapetanios & Joseph Pearlman, 2011. "Elusive Persistence: Wage And Price Rigidities, The New Keynesian Phillips Curve And Inflation Dynamics," Journal of Economic Surveys, Wiley Blackwell, vol. 25(4), pages 737-768, September.

  24. Paul Beaudry & Fabrice Collard & Franck Portier, 2006. "Gold Rush Fever in Business Cycles," NBER Working Papers 12710, National Bureau of Economic Research, Inc.

    Cited by:

    1. Totzek, Alexander, 2009. "Firms' heterogeneity, endogenous entry, and exit decisions," Economics Working Papers 2009-11, Christian-Albrechts-University of Kiel, Department of Economics.
    2. Ayinde, Taofeek O. & Olaniran, Abeeb O. & Abolade, Onomeabure C. & Ogbonna, Ahamuefula Ephraim, 2023. "Technology shocks - Gold market connection: Is the effect episodic to business cycle behaviour?," Resources Policy, Elsevier, vol. 84(C).
    3. Paul Beaudry & Franck Portier, 2014. "News Driven Business Cycles: Insights and Challenges," 2014 Meeting Papers 289, Society for Economic Dynamics.
    4. Ali, Syed Zahid & Anwar, Sajid, 2018. "Anticipated versus unanticipated terms of trade shocks and the J-curve phenomenon," Journal of International Money and Finance, Elsevier, vol. 81(C), pages 1-19.
    5. Nir Jaimovich & Sergio Rebelo, 2007. "News and Business Cycles in Open Economies," Discussion Papers 07-016, Stanford Institute for Economic Policy Research.
    6. Lewis, Vivien & Poilly, Céline, 2012. "Firm entry, markups and the monetary transmission mechanism," Journal of Monetary Economics, Elsevier, vol. 59(7), pages 670-685.
    7. Sofiane Aboura & Julien Chevallier, 2014. "The cross-market index for volatility surprise," Post-Print hal-01531250, HAL.
    8. Phong Nguyen & Wei-han Liu, 2017. "Time-Varying Linkage of Possible Safe Haven Assets: A Cross-Market and Cross-asset Analysis," International Review of Finance, International Review of Finance Ltd., vol. 17(1), pages 43-76, March.
    9. Paul Beaudry & Franck Portier, 2014. "Understanding Noninflationary Demand-Driven Business Cycles," NBER Macroeconomics Annual, University of Chicago Press, vol. 28(1), pages 69-130.
    10. Kenza Benhima & Céline Poilly, 2017. "Do Misperceptions about Demand Matter? Theory and Evidence," Cahiers de Recherches Economiques du Département d'économie 17.08, Université de Lausanne, Faculté des HEC, Département d’économie.
    11. Ippei Fujiwara & Yasuo Hirose & Mototsugu Shintani, 2011. "Can News Be a Major Source of Aggregate Fluctuations? A Bayesian DSGE Approach," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 43(1), pages 1-29, February.
    12. Fan, Haichao & Gao, Xiang & Xu, Juanyi & Xu, Zhiwei, 2016. "News shock, firm dynamics and business cycles: Evidence and theory," Journal of Economic Dynamics and Control, Elsevier, vol. 73(C), pages 159-180.
    13. Pavlov, Oscar, 2016. "Can firm entry explain news-driven fluctuations?," Economic Modelling, Elsevier, vol. 52(PB), pages 427-434.
    14. Beaudry, Paul & Moura, Alban & Portier, Franck, 2015. "Reexamining the cyclical behavior of the relative price of investment," Economics Letters, Elsevier, vol. 135(C), pages 108-111.
    15. Haichao Fan & Zhiwei Xu, 2014. "Firm dynamics in news-driven business cycles: the role of endogenous survival rate," Applied Economics, Taylor & Francis Journals, vol. 46(15), pages 1767-1777, May.
    16. Lewis, Vivien & Stevens, Arnoud, 2015. "Entry and markup dynamics in an estimated business cycle model," European Economic Review, Elsevier, vol. 74(C), pages 14-35.
    17. Sofiane Aboura & Julien Chevallier, 2015. "Cross-market volatility index with Factor-DCC," Post-Print halshs-01348723, HAL.
    18. Wohltmann, Hans-Werner & Winkler, Roland C., 2009. "On the non-optimality of information: an analysis of the welfare effects of anticipated shocks in the New Keynesian model," Kiel Working Papers 1497, Kiel Institute for the World Economy (IfW Kiel).
    19. V. Lewis & C. Poilly, 2011. "Firm Entry, Inflation and the Monetary Transmission Mechanism," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 11/705, Ghent University, Faculty of Economics and Business Administration.
    20. Herrendorf, Berthold & Valentinyi, Akos, 2015. "Endogenous Sector-Biased Technological Change and Industrial Policy," CEPR Discussion Papers 10869, C.E.P.R. Discussion Papers.
    21. Röhe, Oke & Stähler, Nikolai, 2020. "Demographics and the Decline in Firm Entry: Lessons from a Life-Cycle Model," VfS Annual Conference 2020 (Virtual Conference): Gender Economics 224603, Verein für Socialpolitik / German Economic Association.
    22. Nir Jaimovich, 2004. "Firm Dynamics, Markup Variations, and the Business Cycle," Discussion Papers 07-013, Stanford Institute for Economic Policy Research, revised Mar 2007.
    23. Beaudry, Paul & Dupaigne, Martial & Portier, Franck, 2009. "Modeling News-Driven International Business Cycles," TSE Working Papers 09-117, Toulouse School of Economics (TSE).
    24. Amir Yaron & Steffen Hitzemann, 2017. "Welfare Costs of Oil Shocks," 2017 Meeting Papers 1381, Society for Economic Dynamics.
    25. Chevallier, Julien, 2012. "Global imbalances, cross-market linkages, and the financial crisis: A multivariate Markov-switching analysis," Economic Modelling, Elsevier, vol. 29(3), pages 943-973.

  25. Fabrice Collard & Omar Licandro & Luis A. Puch, 2006. "Time-to-Build Echoes," Working Papers 2006-16, FEDEA.

    Cited by:

    1. Giannitsarou, Chryssi & Anagnostopoulos, Alexis, 2010. "Modelling Time And Macroeconomic Dynamics," CEPR Discussion Papers 8050, C.E.P.R. Discussion Papers.
    2. Mauro Bambi, 2006. "Endogenous Growth and Time-to-Build: the AK Case," Economics Working Papers ECO2006/17, European University Institute.
    3. Omar Licandro & Luis A. Puch, 2006. "Is Discrete Time a Good Representation of Continuous Time?," Economics Working Papers ECO2006/28, European University Institute.

  26. Licandro, Omar & Puch, Luis & Collard, Fabrice, 2005. "The Short-Run Dynamics of Optimal Growth Models with Delays," CEPR Discussion Papers 5414, C.E.P.R. Discussion Papers.

    Cited by:

    1. Lin, Hwan C. & Shampine, L.F., 2014. "Finite-length Patents and Functional Differential Equations in a Non-scale R&D-based Growth Model," MPRA Paper 61603, University Library of Munich, Germany.
    2. M. Bambi & G. Fabbri & F. Gozzi, 2012. "Optimal policy and consumption smoothing effects in the time-to-build AK model," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 50(3), pages 635-669, August.
    3. Ulrich Brandt-Pollmann & Ralph Winkler & Sebastian Sager & Ulf Moslener & Johannes P. Schlöder, 2006. "Numerical solution of optimal control problems with constant control delays," CER-ETH Economics working paper series 06/59, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
    4. Francesco Ricci, 2007. "Environmental Policy and Growth when Inputs are Differentiated in Pollution Intensity," Post-Print hal-02024122, HAL.
    5. BOUCEKKINE, Raouf & FABBRI, Giorgio & PINTUS, Patrick, 2012. "On the optimal control of a linear neutral differential equation arising in economics," LIDAM Reprints CORE 2449, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    6. 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.
    7. Raouf BOUCEKKINE & David DE LA CROIX & Omar LICANDRO, 2004. "Modelling vintage structures with DDEs: principles and applications," Economics Working Papers ECO2004/06, European University Institute.
    8. Hippolyte d'Albis & Emmanuelle Augeraud-Véron & Hermen Jan Hupkes, 2014. "Stability and determinacy conditions for mixed-type functional differential equations," Post-Print hal-01162232, HAL.
    9. Mauro Bambi, 2006. "Endogenous Growth and Time-to-Build: the AK Case," Economics Working Papers ECO2006/17, European University Institute.
    10. Martina BOBALOVA & Veronika NOVOTNA, 2021. "Modeling Of Time Delayed Processes In Business Economics," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 15(1), pages 79-89, November.
    11. Simon Sosvilla-Rivero & Pedro N. Rodríguez, "undated". "Linkages in international stock markets: Evidence from a classification procedure," Working Papers 2004-23, FEDEA.
    12. Omar Licandro & Luis A. Puch & Jesús Ruiz, 2018. "Continuous vs Discrete Time Modelling in Growth and Business Cycle Theory," Documentos de Trabajo del ICAE 2018-28, Universidad Complutense de Madrid, Facultad de Ciencias Económicas y Empresariales, Instituto Complutense de Análisis Económico.
    13. José A. Herce, "undated". "Could this ever happen in Spain? Economic and policy aspects of a SARS-like episode," Working Papers 2004-09, FEDEA.
    14. Hwan C. Lin & L. F. Shampine, 2018. "R&D-based Calibrated Growth Models with Finite-Length Patents: A Novel Relaxation Algorithm for Solving an Autonomous FDE System of Mixed Type," Computational Economics, Springer;Society for Computational Economics, vol. 51(1), pages 123-158, January.
    15. Hwan C. Lin, 2018. "Computing Transitional Cycles for a Deterministic Time-to-Build Growth Model," Computational Economics, Springer;Society for Computational Economics, vol. 51(3), pages 677-696, March.
    16. Bambi, Mauro, 2015. "Time-to-build and the capital structure," Economics Letters, Elsevier, vol. 137(C), pages 222-225.

  27. Collard, Fabrice & Fève, Patrick & Ghattassi, Imen, 2005. "Predictability and Habit Persistence," IDEI Working Papers 339, Institut d'Économie Industrielle (IDEI), Toulouse.

    Cited by:

    1. Patrick Fève & Alban Moura & Olivier Pierrard, 2018. "Predetermined interest rates in an analytical RBC model," BCL working papers 123, Central Bank of Luxembourg.
    2. Francois De Paul Silatchom, 2017. "VECM and Variance Decomposition: An Application to the Consumption-Wealth Ratio," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 9(6), pages 188-199, June.

  28. Harris Dellas & Fabrice Collard, 2004. "Inflation targeting," Computing in Economics and Finance 2004 97, Society for Computational Economics.

    Cited by:

    1. Matthew B. Canzoneri & Robert E. Cumby & Behzad T. Diba, 2005. "Price- and wage- inflation targeting: variations on a theme by Erceg, Henderson, and Levin," Proceedings, Board of Governors of the Federal Reserve System (U.S.), pages 181-215.
    2. Minford, Patrick & Peel, David, 2004. "Calvo Contracts: A Critique," CEPR Discussion Papers 4288, C.E.P.R. Discussion Papers.
    3. Le, Vo Phuong Mai & Minford, Patrick, 2007. "Optimising indexation arrangements under Calvo contracts and their implications for monetary policy," Cardiff Economics Working Papers E2007/7, Cardiff University, Cardiff Business School, Economics Section.
    4. Matthew B. Canzoneri & Robert E. Cumby & Behzad T. Diba, 2006. "How Do Monetary and Fiscal Policy Interact in the European Monetary Union?," NBER Chapters, in: NBER International Seminar on Macroeconomics 2004, pages 241-326, National Bureau of Economic Research, Inc.
    5. Matthew B. Canzoneri & Robert E. Cumby & Behzad T. Diba, 2004. "The Cost of Nominal Inertia in NNS Models," NBER Working Papers 10889, National Bureau of Economic Research, Inc.

  29. Collard, Fabrice & Dellas, Harris, 2004. "The New Keynesian Model with Imperfect Information and Learning," IDEI Working Papers 273, Institut d'Économie Industrielle (IDEI), Toulouse.

    Cited by:

    1. Adolfson, Malin & Laséen, Stefan & Lindé, Jesper & Villani, Mattias, 2005. "Bayesian Estimation of an Open Economy DSGE Model with Incomplete Pass-Through," Working Paper Series 179, Sveriges Riksbank (Central Bank of Sweden).
    2. Martha Misas A & Juan José Echavarría S & Enrique López E, 2010. "La persistencia estadística de la inflación en Colombia," Vniversitas Económica, Universidad Javeriana - Bogotá, vol. 0(0), pages 1-42, August.
    3. Zuzana Mucka & Michal Horvath, 2015. "Fiscal Policy Matters A New DSGE Model for Slovakia," Discussion Papers Discussion Paper No. 1/20, Council for Budget Responsibility.
    4. Medel, Carlos A., 2017. "Forecasting Chilean Inflation with the Hybrid New Keynesian Phillips Curve: Globalisation, Combination, and Accuracy," MPRA Paper 78439, University Library of Munich, Germany.
    5. Waqas Ahmed & Farooq Pasha & Sajawal Khan & Muhammad Rehman, 2012. "Pakistan Economy DSGE Model with Informality," SBP Working Paper Series 47, State Bank of Pakistan, Research Department.
    6. Carlos Medel, 2015. "Inflation Dynamics and the Hybrid Neo Keynesian Phillips Curve: The Case of Chile," Working Papers Central Bank of Chile 769, Central Bank of Chile.
    7. Paul Levine & Joseph Pearlman & George Perendia & Bo Yang, 2012. "Endogenous Persistence in an estimated DSGE Model Under Imperfect Information," Economic Journal, Royal Economic Society, vol. 122(565), pages 1287-1312, December.
    8. Pawel Kowal, 2005. "Solving Models with Imperfect and Asymmetric Information," Macroeconomics 0505025, University Library of Munich, Germany.
    9. Thorvardur Tjörvi Ólafsson, 2006. "The New Keynesian Phillips Curve: In Search of Improvements and Adaptation to the Open Economy," Economics wp31_tjorvi, Department of Economics, Central bank of Iceland.
    10. Medel, Carlos A., 2015. "Forecasting Inflation with the Hybrid New Keynesian Phillips Curve: A Compact-Scale Global VAR Approach," MPRA Paper 67081, University Library of Munich, Germany.
    11. Gomes, Orlando & Mendes, Diana A. & Mendes, Vivaldo M., 2008. "Bounded rational expectations and the stability of interest rate policy," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 387(15), pages 3882-3890.
    12. Michael Woodford, 2007. "Interpreting Inflation Persistence: Comments on the Conference on "Quantitative Evidence on Price Determination"," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 39(s1), pages 203-210, February.
    13. Guido Lorenzoni, 2009. "A Theory of Demand Shocks," American Economic Review, American Economic Association, vol. 99(5), pages 2050-2084, December.
    14. de Grauwe, Paul & Macchiarelli, Corrado, 2015. "Animal spirits and credit cycles," LSE Research Online Documents on Economics 63984, London School of Economics and Political Science, LSE Library.
    15. Fabio Milani, 2005. "Expectations, Learning and Macroeconomic Persistence," Working Papers 050608, University of California-Irvine, Department of Economics.
    16. Nickel, Christiane & Rother, Philipp & Theophilopoulou, Angeliki, 2008. "Population ageing and public pension reforms in a small open economy," Working Paper Series 863, European Central Bank.
    17. Bruchez, Pierre-Alain, 2007. "A Hybrid Sticky-Price and Sticky-Information Model," MPRA Paper 3540, University Library of Munich, Germany.
    18. Kevin J. Lansing, 2006. "Time-Varying U.S. Inflation Dynamics and the New Keynesian Phillips Curve," Computing in Economics and Finance 2006 488, Society for Computational Economics.
    19. Paul Levine & Joseph Pearlman & Bo Yang, 2012. "Imperfect Information, Optimal Monetary Policy and Informational Consistency," School of Economics Discussion Papers 1012, School of Economics, University of Surrey.
    20. Carravetta, Francesco & Sorge, Marco M., 2013. "Model reference adaptive expectations in Markov-switching economies," Economic Modelling, Elsevier, vol. 32(C), pages 551-559.
    21. Paul Levine & Joseph Pearlman & George Perendia, 2007. "Estimating DSGE Models under Partial Information," School of Economics Discussion Papers 1607, School of Economics, University of Surrey.
    22. Man-Keung Tang & Mr. Xiangrong Yu, 2011. "Communication of Central Bank Thinking and Inflation Dynamics," IMF Working Papers 2011/209, International Monetary Fund.
    23. Luis F. Céspedes & Claudio Soto, 2005. "Credibility and Inflation Targeting in an Emerging Market: The Case of Chile," Working Papers Central Bank of Chile 312, Central Bank of Chile.
    24. Nicolas Alexis Cuche-Curti & Harris Dellas & Jean-Marc Natal, 2009. "A dynamic stochastic general equilibrium model for Switzerland," Economic Studies 2009-05, Swiss National Bank.
    25. Luis F. Céspedes & Claudio Soto, 2005. "Credibility and Inflation Targeting in an Emerging Market: Lessons from the Chilean Experience," International Finance, Wiley Blackwell, vol. 8(3), pages 545-575, December.

  30. Paul Beaudry & Fabrice Collard, 2004. "Globalization, Returns to Accumulationa and the World Distribution of Output," NBER Working Papers 10565, National Bureau of Economic Research, Inc.

    Cited by:

    1. Keyu Jin, 2012. "Industrial Structure and Capital Flows," American Economic Review, American Economic Association, vol. 102(5), pages 2111-2146, August.
    2. Jin, Keyu, 2009. "Industrial structure and financial capital flows," LSE Research Online Documents on Economics 25827, London School of Economics and Political Science, LSE Library.
    3. Ferreira, Pedro Cavalcanti & Trejos, Alberto, 2016. "Fracking, China and the Global Economy," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 777, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    4. Almer, Christian & Laurent-Lucchetti, Jérémy & oechslin, Manuel, 2011. "Income shocks and social unrest: theory and evidence," MPRA Paper 34426, University Library of Munich, Germany.
    5. Paul Beaudry & David A. Green & Benjamin Sand, 2007. "Spill-Overs from Good Jobs," NBER Working Papers 13006, National Bureau of Economic Research, Inc.
    6. Pedro Cavalcanti Ferreira & Alberto Trejos, 2022. "Trade and the propagation of global shocks," Economic Inquiry, Western Economic Association International, vol. 60(4), pages 1663-1680, October.
    7. Beaudry, Paul, 2006. "Mondialisation et disparité de revenus," L'Actualité Economique, Société Canadienne de Science Economique, vol. 82(4), pages 477-504, décembre.
    8. Mollick, André Varella & Cabral, René & Carneiro, Francisco G., 2011. "Does inflation targeting matter for output growth? Evidence from industrial and emerging economies," Journal of Policy Modeling, Elsevier, vol. 33(4), pages 537-551, July.
    9. Ni Putu Wiwin Setyari & I. Nengah Kartika & I. Wayan Wenegama & Ni Putu Martini Dewi & I. Ketut Sudiana, 2017. "Capital Intensity Effects on International Capital Flows and Current Account of Association of Southeast Asian Nations + 6 Countries," International Journal of Economics and Financial Issues, Econjournals, vol. 7(3), pages 135-144.

  31. Collard, Fabrice & Dellas, Harris, 2004. "The great inflation of the 1970s," Working Paper Series 336, European Central Bank.

    Cited by:

    1. Athanasios Orphanides & John C. Williams, 2003. "The decline of activist stabilization policy: natural rate misperceptions, learning, and expectations," Proceedings, Board of Governors of the Federal Reserve System (U.S.).
    2. Gunther Schnabl & Taiki Murai, 2024. "Japan’s Low Inflation from a Quantity Theory Perspective," CESifo Working Paper Series 11476, CESifo.
    3. Elmar Mertens, 2008. "Managing Beliefs about Monetary Policy under Discretion?," Working Papers 08.02, Swiss National Bank, Study Center Gerzensee.
    4. Trunin, Pavel (Трунин, Павел) & Bozhechkova, Alexandra (Божечкова, Александра) & Goryunov, Eugene (Горюнов, Евгений) & Petrova, Diana, 2017. "Analysis of Approaches to Accounting of the Information Effects of Monetary Policy [Анализ Подходов К Учету Информационных Эффектов Денежно-Кредитной Политики]," Working Papers 031723, Russian Presidential Academy of National Economy and Public Administration.
    5. Fabrice Collard & Harris Dellas, 2008. "Monetary Policy and Inflation in the 70s," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 40(8), pages 1765-1781, December.
    6. Thomas Mayer & Gunther Schnabl, 2022. "Japan's Low Inflation Conundrum," CESifo Working Paper Series 9821, CESifo.
    7. Marco Airaudo & Luca Bossi, 2017. "Consumption Externalities And Monetary Policy With Limited Asset Market Participation," Economic Inquiry, Western Economic Association International, vol. 55(1), pages 601-623, January.
    8. Sharon Kozicki & P. A. Tinsley, 2007. "Perhaps the FOMC Did What It Said It Did: An Alternative Interpretation of the Great Inflation," Staff Working Papers 07-19, Bank of Canada.

  32. Dellas, Harris & Collard, Fabrice, 2003. "The Case for Inflation Stability," CEPR Discussion Papers 4082, C.E.P.R. Discussion Papers.

    Cited by:

    1. Jordi Caballe & Jana Hromcova, 2001. "The Role of Central Bank Operating Procedures in an Economy with Productive Government Spending," UFAE and IAE Working Papers 504.01, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
    2. Huang-Meier, Winifred & Freeman, Mark C. & Mazouz, Khelifa, 2015. "Why are aggregate equity payouts pro-cyclical?," Journal of Macroeconomics, Elsevier, vol. 44(C), pages 98-108.
    3. Berger, Wolfram, 2008. "Monetary policy rules and the exchange rate," Journal of Macroeconomics, Elsevier, vol. 30(3), pages 1064-1084, September.

  33. Dellas, Harris & Collard, Fabrice, 2003. "Technology Shocks and Employment," CEPR Discussion Papers 3680, C.E.P.R. Discussion Papers.

    Cited by:

    1. Bodenstein, Martin, 2010. "Trade elasticity of substitution and equilibrium dynamics," Journal of Economic Theory, Elsevier, vol. 145(3), pages 1033-1059, May.
    2. Pappa, Evi, 2004. "Do the ECB and the fed really need to cooperate? Optimal monetary policy in a two-country world," Journal of Monetary Economics, Elsevier, vol. 51(4), pages 753-779, May.
    3. Domenico J. Marchetti & Francesco Nucci, 2007. "Pricing Behavior and the Response of Hours to Productivity Shocks," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 39(7), pages 1587-1611, October.
    4. Kindberg-Hanlon,Gene, 2021. "The Technology-Employment Trade-Off : Automation, Industry, and Income Effects," Policy Research Working Paper Series 9529, The World Bank.
    5. Hashmat Khan & John Tsoukalas, 2005. "Technology Shocks and UK Business Cycles," Macroeconomics 0512006, University Library of Munich, Germany.
    6. Hami SAKA & Mehmet ORHAN & M.K. Savaş ÖKTE, 2021. "Empirics of technology and unemployment in advanced countries," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(1(626), S), pages 183-200, Spring.
    7. Artuç, Erhan & Pourpourides, Panayiotis M., 2014. "R&D and aggregate fluctuations," Journal of Economic Dynamics and Control, Elsevier, vol. 47(C), pages 54-71.
    8. Mr. Jordi Gali Garreta & Mr. Pau Rabanal, 2004. "Technology Shocks and Aggregate Fluctuations: How Well Does the RBC Model Fit Postwar U.S. Data?," IMF Working Papers 2004/234, International Monetary Fund.
    9. Olivier Cardi & Romain Restout, 2023. "Why Hours Worked Decline Less after Technology Shocks?Â," Working Papers 396800288, Lancaster University Management School, Economics Department.
    10. Luisito Bertinelli & Olivier Cardi & Romain Restout, 2021. "Labor Market Effects of Technology Shocks Biased toward the Traded Sector," Working Papers 342990229, Lancaster University Management School, Economics Department.
    11. Dupaigne, Martial & Fève, Patrick, 2009. "Hours Worked and Permanent Technology Shocks in Open Economies," TSE Working Papers 09-114, Toulouse School of Economics (TSE).
    12. Federico S. Mandelman & Francesco Zanetti, 2013. "Flexible prices, labor market frictions, and the response of employment to technology shocks," FRB Atlanta Working Paper 2013-16, Federal Reserve Bank of Atlanta.
    13. Tervala, Juha, 2008. "Technology Shocks and Employment in Open Economies," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 1, pages 1-27.
    14. Fabrice Collard & Harris Dellas, 2012. "Flexible Prices and the Business Cycle," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 44(1), pages 221-233, February.
    15. Ezzeddine Belgacem Mosbah & Parakramaweera Sunil Dharmapala, 2022. "Evaluating the Effects of COVID-19 and Vaccination on Employment Behaviour: A Panel Data Analysis Acrossthe World," Sustainability, MDPI, vol. 14(15), pages 1-14, August.
    16. Beate Schirwitz, 2013. "Business Fluctuations, Job Flows and Trade Unions - Dynamics in the Economy," ifo Beiträge zur Wirtschaftsforschung, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 47, May.
    17. Mandelman, Federico S & Zanetti, Francesco, 2010. "Technology shocks, employment and labour market frictions," Bank of England working papers 390, Bank of England.
    18. Rujin, Svetlana, 2024. "Labor market institutions and technology-induced labor adjustment along the extensive and intensive margins," Journal of Macroeconomics, Elsevier, vol. 79(C).
    19. Federico S. Mandelman & Francesco Zanetti, 2008. "Estimating general equilibrium models: an application with labour market frictions," Technical Books, Centre for Central Banking Studies, Bank of England, edition 1, number 1, April.
    20. Tervala, Juha, 2007. "Technology Shocks and Employment in Open Economies," Economics Discussion Papers 2007-40, Kiel Institute for the World Economy (IfW Kiel).
    21. Bodenstein, Martin, 2011. "Closing large open economy models," Journal of International Economics, Elsevier, vol. 84(2), pages 160-177, July.
    22. Zixi Liu, 2015. "Do debt and growth dance together? A DSGE model of a small open economy with sovereign debt," Working Papers 2015.05, International Network for Economic Research - INFER.
    23. Bibaswan Chatterjee & Rolando Escobar‐Posada & Goncalo Monteiro, 2023. "Anticipation in leisure—Effects on labor‐leisure choice," International Journal of Economic Theory, The International Society for Economic Theory, vol. 19(2), pages 384-412, June.
    24. Rujin, Svetlana, 2019. "What are the effects of technology shocks on international labor markets?," Ruhr Economic Papers 806, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.

  34. Dellas, Harris & Collard, Fabrice, 2003. "Poole in the New Keynesian Model," CEPR Discussion Papers 4083, C.E.P.R. Discussion Papers.

    Cited by:

    1. Schabert, Andreas, 2005. "Discretionary Policy, Multiple Equilibria, and Monetary Instruments," CEPR Discussion Papers 5400, C.E.P.R. Discussion Papers.
    2. Benassy, Jean-Pascal, 2007. "IS-LM and the multiplier: A dynamic general equilibrium model," Economics Letters, Elsevier, vol. 96(2), pages 189-195, August.
    3. Benassy, Jean-Pascal, 2007. "Ricardian equivalence and the intertemporal Keynesian multiplier," Economics Letters, Elsevier, vol. 94(1), pages 118-123, January.
    4. Rajesh Singh & Chetan Subramanian, 2008. "The optimal choice of monetary policy instruments in a small open economy," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 41(1), pages 105-137, February.
    5. Javier Gómez & Antonio Moreno & Fernando Pérez de Gracia, 2008. "Money Demand Accommodation: Impact on Macro-Dynamics and Policy Consequences," Faculty Working Papers 07/08, School of Economics and Business Administration, University of Navarra.
    6. Singh, Rajesh & Subramanian, Chetan, 2009. "Optimal choice of monetary policy instruments under velocity and fiscal shocks," Economic Modelling, Elsevier, vol. 26(5), pages 865-877, September.
    7. Alessandro Piergallini, 2006. "Real Balance Effects and Monetary Policy," Economic Inquiry, Western Economic Association International, vol. 44(3), pages 497-511, July.
    8. Piti Disyatat, 2008. "Monetary policy implementation: Misconceptions and their consequences," BIS Working Papers 269, Bank for International Settlements.
    9. Andreas Schabert, "undated". "Central bank Instruments, Fiscal Policy Regimes, and the Requirements for Equilibrium Determinacy," Working Papers 2003_5, Business School - Economics, University of Glasgow, revised Jan 2003.
    10. Arnoud Stevens, 2015. "Optimal monetary policy response to endogenous oil price fluctuations," Working Paper Research 277, National Bank of Belgium.
    11. Jordi Caballe & Jana Hromcova, 2001. "The Role of Central Bank Operating Procedures in an Economy with Productive Government Spending," UFAE and IAE Working Papers 504.01, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
    12. Meixing Dai, 2010. "Financial volatility and optimal instrument choice: A revisit to Poole's analysis," Economics Bulletin, AccessEcon, vol. 30(1), pages 605-613.
    13. Stefan Niemann & Paul Pichler & Gerhard Sorger, 2013. "Central Bank Independence And The Monetary Instrument Problem," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 54(3), pages 1031-1055, August.
    14. Belongia, Michael T. & Ireland, Peter N., 2022. "A reconsideration of money growth rules," Journal of Economic Dynamics and Control, Elsevier, vol. 135(C).
    15. Bhattacharya, Joydeep & Singh, Rajesh, 2007. "Optimal choice of monetary instruments in an economy with real and liquidity shocks," ISU General Staff Papers 200705030700001160, Iowa State University, Department of Economics.
    16. Mora, Jose U Mora & Acevedo, Rafael A, 2019. "Fiscal Policy Effects and Capital Mobility in Latin American Countries," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 34(1), pages 159-188.
    17. Andreas Schabert, 2005. "Money Supply and the Implementation of Interest Rate Targets," Tinbergen Institute Discussion Papers 05-059/2, Tinbergen Institute.
    18. Correani, L. & Di Dio, F. & Patrì, S., 2014. "Optimal choice of fiscal policy instruments in a stochastic IS–LM model," Mathematical Social Sciences, Elsevier, vol. 71(C), pages 30-42.
    19. Mathias Hoffmann & Bernd Kempa, 2009. "A Poole Analysis in the New Open Economy Macroeconomic Framework," Review of International Economics, Wiley Blackwell, vol. 17(5), pages 1074-1097, November.
    20. Totzek, Alexander, 2008. "The Bank, the Bank-Run, and the Central Bank: The Impact of Early Deposit Withdrawals in a New Keynesian Framework," Economics Working Papers 2008-20, Christian-Albrechts-University of Kiel, Department of Economics.
    21. Marcelo de C. Griebeler & Ronald Otto Hillbrecht, 2014. "Convexity of the central bank's loss function and dependence between monetary instruments," Economics Bulletin, AccessEcon, vol. 34(4), pages 2275-2291.
    22. Sell, Friedrich L. & Kermer, Silvio, 2006. "William Poole in der modernen Makroökonomik: Exegese des ursprünglichen Beitrags und seiner Fortentwicklungen für die offene Volkswirtschaft," Working Papers in Economics 2006,3, Bundeswehr University Munich, Economic Research Group.
    23. David Cerezo S'anchez, 2022. "Zero-Knowledge Optimal Monetary Policy under Stochastic Dominance," Papers 2210.06139, arXiv.org.

  35. Paul Beaudry & Fabrice Collard & David A. Green, 2002. "Decomposing the Twin-peaks in the World Distribution of Output-per-worker," NBER Working Papers 9240, National Bureau of Economic Research, Inc.

    Cited by:

    1. Gancia, Gino & Bonfiglioli, Alessandra, 2008. "North-South trade and directed technical change," Journal of International Economics, Elsevier, vol. 76(2), pages 276-295, December.
    2. Toni Mora, 2005. "Conditioning factors on regional European clubs - a distributional approach," ERSA conference papers ersa05p302, European Regional Science Association.
    3. Steve Bond & Asli Leblebicioglu & Fabio Schiantarelli, 2004. "Capital Accumulation and Growth: A New Look at the Empirical Evidence," Economics Papers 2004-W08, Economics Group, Nuffield College, University of Oxford.
    4. Gancia, Gino, 2003. "Globalization, Divergence and Stagnation," Seminar Papers 720, Stockholm University, Institute for International Economic Studies.
    5. Colin O’Reilly, 2014. "Investment and Institutions in Post-Civil War Recovery," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 56(1), pages 1-24, March.
    6. Kang, Sung Jin & Lee, Myoungjae, 2005. "Q-convergence with interquartile ranges," Journal of Economic Dynamics and Control, Elsevier, vol. 29(10), pages 1785-1806, October.
    7. Verdier, Genevieve, 2008. "What drives long-term capital flows A theoretical and empirical investigation," Journal of International Economics, Elsevier, vol. 74(1), pages 120-142, January.
    8. Derek D. Headey & Andrew Hodge, 2009. "The Effect of Population Growth on Economic Growth: A Meta‐Regression Analysis of the Macroeconomic Literature," Population and Development Review, The Population Council, Inc., vol. 35(2), pages 221-248, June.
    9. Feyrer James D, 2008. "Convergence by Parts," The B.E. Journal of Macroeconomics, De Gruyter, vol. 8(1), pages 1-35, July.
    10. Albert van der Horst & Hugo Rojas-Romagosa & Leon Bettendorf, 2009. "Does employment affect productivity?," CPB Discussion Paper 119, CPB Netherlands Bureau for Economic Policy Analysis.
    11. Toni Mora, 2008. "Factors conditioning the formation of European regional convergence clubs," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 42(4), pages 911-927, December.

  36. Paul Beaudry & Fabrice Collard, 2002. "Why has the Employment-Productivity Tradeoff among Industrialized Countries been so strong?," NBER Working Papers 8754, National Bureau of Economic Research, Inc.

    Cited by:

    1. Karl Aiginger & Michael Landesmann, 2002. "Competitive Economic Performance: The European View," WIFO Working Papers 179, WIFO.
    2. Emilia Herman & Maria-Ana Georgescu, 2012. "Is there a trade-off between employment and labour productivity in new EU member states?," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 15(45), pages 303-318, December.
    3. Beaudry, Paul & Collard, Fabrice & Green, David A., 2003. "Changes in the World Distribution of Output-per-Worker 1960-98 : How a Standard Decomposition tells an Unorthodox Story," IDEI Working Papers 190, Institut d'Économie Industrielle (IDEI), Toulouse.
    4. Alberto Alesina & Michele Battisti & Joseph Zeira, 2018. "Technology and labor regulations: theory and evidence," Journal of Economic Growth, Springer, vol. 23(1), pages 41-78, March.
    5. Daron Acemoglu, 2010. "When Does Labor Scarcity Encourage Innovation?," Journal of Political Economy, University of Chicago Press, vol. 118(6), pages 1037-1078.
    6. Christopher J. Gust & Jaime R. Marquez, 2002. "International comparisons of productivity growth: the role of information technology and regulatory practices," International Finance Discussion Papers 727, Board of Governors of the Federal Reserve System (U.S.).
    7. Joseph Zeira, 2006. "Machines as Engines of Growth," DEGIT Conference Papers c011_059, DEGIT, Dynamics, Economic Growth, and International Trade.
    8. Gordon, Robert J. & Dew-Becker, Ian, 2008. "The Role of Labour Market Changes in the Slowdown of European Productivity Growth," CEPR Discussion Papers 6722, C.E.P.R. Discussion Papers.
    9. Kerstin Enflo, 2010. "Productivity and employment—Is there a trade-off? Comparing Western European regions and American states 1950–2000," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 45(2), pages 401-421, October.
    10. Philippe Askenazy & Xavier Timbeau, 2003. "Partage de la valeur ajoutée et rentabilité du capital en France et aux États-Unis : une réévaluation ; suivi d'un commentaire de Xavier Timbeau," Économie et Statistique, Programme National Persée, vol. 363(1), pages 167-189.
    11. Beaudry, Paul & Collard, Fabrice, 2006. "Globalization, returns to accumulation and the world distribution of output," Journal of Monetary Economics, Elsevier, vol. 53(5), pages 879-909, July.
    12. Enrico Marelli & Marcello Signorelli & Joanna Tyrowicz, 2012. "Crises and Joint Employment–Productivity Dynamics: A Comparative Perspective for European Countries," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 54(2), pages 361-394, June.
    13. Beaudry, Paul & Collard, Fabrice, 2003. "Globalization, Gains from Specialization and the World Distribution of Output," IDEI Working Papers 199, Institut d'Économie Industrielle (IDEI), Toulouse.
    14. Enrico Marelli & Marcello Signorelli, 2010. "Employment, productivity and models of growth in the EU," International Journal of Manpower, Emerald Group Publishing Limited, vol. 31(7), pages 732-754, October.
    15. Paul Beaudry & Fabrice Collard & David A. Green, 2002. "Decomposing the Twin-peaks in the World Distribution of Output-per-worker," NBER Working Papers 9240, National Bureau of Economic Research, Inc.
    16. Albert van der Horst & Hugo Rojas-Romagosa & Leon Bettendorf, 2009. "Does employment affect productivity?," CPB Discussion Paper 119, CPB Netherlands Bureau for Economic Policy Analysis.
    17. Paul Beaudry & Fabrice Collard & David Green, 2005. "Demographics and recent productivity performance: insights from cross-country comparisons," Canadian Journal of Economics, Canadian Economics Association, vol. 38(2), pages 309-344, May.
    18. Bill Gibson, 2012. "Trade, Employment and the Informal Sector: An Agent-based Analysis," Margin: The Journal of Applied Economic Research, National Council of Applied Economic Research, vol. 6(2), pages 277-310, May.
    19. Batóg Jacek, 2017. "Labour Contribution and Productivity in the European Union: A Cluster Analysis," Folia Oeconomica Stetinensia, Sciendo, vol. 17(2), pages 7-18, December.
    20. Krzysztof Bartosik, 2010. "Wpływ wydajności pracy na zatrudnienie w polskim przemyśle przetwórczym," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 7-8, pages 1-19.
    21. Joseph Zeira, 2009. "Why and How Education Affects Economic Growth," Review of International Economics, Wiley Blackwell, vol. 17(3), pages 602-614, August.
    22. Badri Narayanan, 2010. "Long-run relationship between output, capital, labour and productivity in emerging market economies," Applied Economics, Taylor & Francis Journals, vol. 42(6), pages 759-768.
    23. Falguni Pattanaik & Narayan Chandra Nayak, 2014. "Macroeconomic Determinants of Employment Intensity of Growth in India," Margin: The Journal of Applied Economic Research, National Council of Applied Economic Research, vol. 8(2), pages 137-154, May.
    24. Hervé Boulhol & Laure Turner, 2009. "Employment-Productivity Trade-off and Labour Composition," OECD Economics Department Working Papers 698, OECD Publishing.
    25. Yogo, Urbain Thierry, 2008. "Croissance et Emploi en Afrique Subsaharienne:Evidence théorique et Faits Empiriques [Growth and Employment In Subsaharan Africa: Theoretical Evidence and Empirical Facts]," MPRA Paper 10474, University Library of Munich, Germany, revised 17 Sep 2008.
    26. Misbah Tanveer Choudhry, 2013. "Age Dependency and Labor Productivity Divergence," Quaderni del Dipartimento di Economia, Finanza e Statistica 113/2013, Università di Perugia, Dipartimento Economia.
    27. Cornelia VĂCEANU, 2014. "Evidence On Employment Rate And Economic Growth," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, issue 5, pages 669-674, November.
    28. Emilia Herman, 2011. "The Impact of Economic Growth Process on Employment in European Union Countries," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 14(42), pages 47-67, December.

  37. Fabrice Collard & Raquel Fonseca & Rafael Munoz, 2002. "Spanish Unemployment Persistence and the Ladder Effect," CEP Discussion Papers dp0538, Centre for Economic Performance, LSE.

    Cited by:

    1. Eva, MORENO-GALBIS & Henri R., SNEESSENS, 2004. "Low-Skilled Unemployment, Capital-Skill Complementarity and Embodied Technical Progress," LIDAM Discussion Papers IRES 2004025, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    2. Sergio Destefanis & Raquel Fonseca, 2005. "Matching Efficiency and Labour Market Reform in Italy. A Macroeconometric Assessment," CELPE Discussion Papers 93, CELPE - CEnter for Labor and Political Economics, University of Salerno, Italy.
    3. Clemente Pignatti Morano, 2014. "The determinants of overeducation: Evidence from the Italian labour market," Investigaciones de Economía de la Educación volume 9, in: Adela García Aracil & Isabel Neira Gómez (ed.), Investigaciones de Economía de la Educación 9, edition 1, volume 9, chapter 35, pages 681-698, Asociación de Economía de la Educación.
    4. Sergio Destafanis & Raquel Fonseca Benito, 2007. "Labour-Market Reforms and the Beveridge Curve Some Macro Evidence for Italy," Working Papers WR-436, RAND Corporation.
    5. Pierrard, Olivier & Sneessens, Henri R., 2003. "Low-Skilled Unemployment, Biased Technological Shocks and Job Competition," IZA Discussion Papers 784, Institute of Labor Economics (IZA).
    6. Eva, MORENO-GALBIS, 2004. "Unemployment and Endogenous Growth with Capital-Skill Complementarity," LIDAM Discussion Papers IRES 2004001, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).

  38. Beaudry, Paul & Collard, Fabrice, 2001. "The Employment-Productivity Tradeoff around the 1980s : A Case for Medium Run Theory," IDEI Working Papers 137, Institut d'Économie Industrielle (IDEI), Toulouse, revised 2003.

    Cited by:

    1. Hervé Boulhol & Laure Turner, 2009. "Employment-Productivity Trade-off and Labour Composition," OECD Economics Department Working Papers 698, OECD Publishing.

  39. Beaudry, Paul & Collard, Fabrice, 2001. "Recent Technological and Economic Change among Industrialized Countries : Insights from Population Growth," IDEI Working Papers 135, Institut d'Économie Industrielle (IDEI), Toulouse, revised 2003.

    Cited by:

    1. Colantonio Emiliano & D'Angelo Francesca & Odoardi Iacopo & Scamuffa Domenico, 2010. "Internationalization And Innovation: The Challenges For Europe In A Changing World," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(2), pages 214-219, December.
    2. Hippolyte d'Albis & Ekrame Boubtane & Dramane Coulibaly, 2019. "Immigration and public finances in OECD countries," PSE-Ecole d'économie de Paris (Postprint) halshs-02072531, HAL.
    3. Alexia Prskawetz & Thomas Fent, 2007. "Workforce Ageing And The Substitution Of Labour: The Role Of Supply And Demand Of Labour In Austria," Metroeconomica, Wiley Blackwell, vol. 58(1), pages 95-126, February.
    4. Milanez Ana, 2020. "Workforce Ageing and Labour Productivity Dynamics," Naše gospodarstvo/Our economy, Sciendo, vol. 66(3), pages 1-13, September.
    5. Hippolyte d'Albis & Ekrame Boubtane & Dramane Coulibaly, 2018. "Immigration and Government Spending in OECD Countries," PSE Working Papers hal-01852411, HAL.
    6. Paul Beaudry, 2005. "Innis Lecture: Explorations in medium‐run macroeconomics," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 38(4), pages 1136-1159, November.
    7. Ross Guest, 2013. "Population Ageing and Productivity: Implications and Policy Options for New Zealand," Treasury Working Paper Series 13/21, New Zealand Treasury.
    8. Paul Beaudry & Fabrice Collard & David Green, 2005. "Demographics and recent productivity performance: insights from cross-country comparisons," Canadian Journal of Economics, Canadian Economics Association, vol. 38(2), pages 309-344, May.
    9. Biehl, Kai & Fent, Thomas, 2007. "Vorausschätzungen für die Entwicklung der Gesamtbevölkerung und der Beschäftigung in Österreich bis 2035 [Projections of the Development of Population and Employment in Austria until 2035]," MPRA Paper 2877, University Library of Munich, Germany.
    10. Paul Beaudry & Fabrice Collard & David A. Green, 2005. "Explaining Productivity Growth: The Role of Demographics," International Productivity Monitor, Centre for the Study of Living Standards, vol. 10, pages 45-58, Spring.

  40. Dellas, Harris & Collard, Fabrice, 2001. "Exchange Rate Systems and Macroeconomic Stability," CEPR Discussion Papers 2768, C.E.P.R. Discussion Papers.

    Cited by:

    1. Harris Dellas & George Tavlas, 2004. "Wage Rigidity and Monetary Union," Working Papers 12, Bank of Greece.
    2. Matthew Canzoneri & Robert Cumby & Behzad Diba & Olena Mykhaylova, 2006. "New Keynesian Explanations of Cyclical Movements in Aggregate Inflation and Regional Inflation Differentials," Open Economies Review, Springer, vol. 17(1), pages 27-55, January.
    3. Adolfson, Malin & Laséen, Stefan & Lindé, Jesper & Villani, Mattias, 2005. "Bayesian Estimation of an Open Economy DSGE Model with Incomplete Pass-Through," Working Paper Series 179, Sveriges Riksbank (Central Bank of Sweden).
    4. Kai Liu, 2014. "Public Finances, Business Cycles and Structural Fiscal Balances," Cambridge Working Papers in Economics 1411, Faculty of Economics, University of Cambridge.
    5. Lahura, Erick & Vega, Marco, 2013. "Regímenes cambiarios y desempeño macroeconómico: Una evaluación de la literatura," Revista Estudios Económicos, Banco Central de Reserva del Perú, issue 26, pages 101-119.
    6. Funke, Michael & Paetz, Michael & Pytlarczyk, Ernest, 2009. "Stock market wealth effects in an estimated DSGE model for Hong Kong," BOFIT Discussion Papers 14/2009, Bank of Finland Institute for Emerging Economies (BOFIT).
    7. Kollmann, Robert, 2005. "Macroeconomic effects of nominal exchange rate regimes: new insights into the role of price dynamics," Journal of International Money and Finance, Elsevier, vol. 24(2), pages 275-292, March.
    8. Cacciatore, Matteo & Fiori, Giuseppe & Ghironi, Fabio, 2016. "Market deregulation and optimal monetary policy in a monetary union," Journal of International Economics, Elsevier, vol. 99(C), pages 120-137.
    9. Frantisek Brazdik, 2009. "Announced Regime Switch: Optimal Policy for Transition Period," CERGE-EI Working Papers wp402, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
    10. Kollmann, Robert, 2003. "Monetary Policy Rules in an Interdependent World," CEPR Discussion Papers 4012, C.E.P.R. Discussion Papers.
    11. Kai Liu, 2014. "Dollar Hegemony and China's Economy," Cambridge Working Papers in Economics 1410, Faculty of Economics, University of Cambridge.
    12. Liu, Zheng & Pappa, Evi, 2005. "Gains from international monetary policy coordination: does it pay to be different?," Working Paper Series 514, European Central Bank.
    13. Ester Faia & Tommaso Monacelli, 2003. "Ramsey monetary policy and international relative prices," Proceedings, Board of Governors of the Federal Reserve System (U.S.).
    14. Dellas, Harris & Collard, Fabrice, 2003. "Technology Shocks and Employment," CEPR Discussion Papers 3680, C.E.P.R. Discussion Papers.
    15. Faryna, Oleksandr & Jonsson, Magnus & Shapovalenko, Nadiia, 2021. "The cost of disinflation in a small open economy vis-à-vis a closed economy," Working Paper Series 407, Sveriges Riksbank (Central Bank of Sweden).
    16. Müller, Gernot & Enders, Zeno & Jung, Philip, 2012. "Has the Euro changed the Business Cycle?," CEPR Discussion Papers 9233, C.E.P.R. Discussion Papers.
    17. Harris Dellas & George S. Tavlas, 2004. "The Global Implications of Regional Exchange Rate Regines," Working Papers 18, Bank of Greece.
    18. Philipp Wegmueller, 2014. "Floating or fixed exchange rates: The role of government size," Diskussionsschriften dp1404, Universitaet Bern, Departement Volkswirtschaft.
    19. Jacek Rothert, 2020. "International Business Cycles In Emerging Markets," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 61(2), pages 753-781, May.
    20. Margarida Duarte & Alexander L. Wolman, 2003. "Fiscal policy and regional inflation in a currency union," Working Paper 03-11, Federal Reserve Bank of Richmond.
    21. Martine Carre & Fabrice Collard, 2000. "Monetary Union: A Welfare Based Approach," Econometric Society World Congress 2000 Contributed Papers 0526, Econometric Society.
    22. Matthew B. Canzoneri, 2007. "Coordination Of Monetary And Fiscal Policy In A Monetary Union: Policy Issues And Analytical Models," Manchester School, University of Manchester, vol. 75(s1), pages 21-43, September.
    23. Uluc Aysun, 2006. "Testing for Balance Sheet Effects in Emerging Market Countries," Working papers 2006-28, University of Connecticut, Department of Economics.
    24. Hughes Hallett, Andrew & Piscitelli, Laura, 1999. "EMU in Reality: The Effect of a Common Monetary Policy on Economies with Different Transmission Mechanisms," CEPR Discussion Papers 2068, C.E.P.R. Discussion Papers.
    25. Liu, Zheng & Pappa, Evi, 2005. "Gains from coordination in a multi-sector open economy : does it pay to be different?," LSE Research Online Documents on Economics 525, London School of Economics and Political Science, LSE Library.
    26. Duarte, Margarida & Wolman, Alexander L., 2002. "Regional inflation in a currency union: fiscal policy vs. fundamentals," Working Paper Series 180, European Central Bank.
    27. Liu, Jie & Wei, Wei & Shi, Yao-Bo & Chang, Chun-Ping, 2020. "The nexus between country risk and exchange rate regimes: A global investigation," The North American Journal of Economics and Finance, Elsevier, vol. 51(C).
    28. Dellas, Harris & Gibson, Heather D. & Hall, Stephen G. & Tavlas, George S., 2018. "The macroeconomic and fiscal implications of inflation forecast errors," Journal of Economic Dynamics and Control, Elsevier, vol. 93(C), pages 203-217.
    29. Kanda Naknoi, 2005. "Real Exchange Rate Fluctuations and Endogenous Tradability," 2005 Meeting Papers 857, Society for Economic Dynamics.
    30. Kollmann, Robert, 2002. "Monetary Policy Rules in the Open Economy: Effects on Welfare and Business Cycles," CEPR Discussion Papers 3279, C.E.P.R. Discussion Papers.
    31. Joanna Tyrowicz, 2009. "When Eastern Labour Markets Enter Western Europe CEECs. Labour Market Institutions upon Euro Zone Accession," Working Papers 2009-03, Faculty of Economic Sciences, University of Warsaw.
    32. Fabrice Collard & Harris Dellas, 2006. "Price Rigidity and the Selection of the Exchange Rate Regime," Open Economies Review, Springer, vol. 17(1), pages 5-26, January.
    33. Patrick Minford & Prakriti Sofat, 2004. "An Open Economy Real Business Cycle Model for the UK," Money Macro and Finance (MMF) Research Group Conference 2004 23, Money Macro and Finance Research Group.
    34. Nicolas A. Cuche‐Curti & Harris Dellas & Jean‐Marc Natal, 2008. "Inflation Targeting in a Small Open Economy," International Finance, Wiley Blackwell, vol. 11(1), pages 1-18, May.
    35. Yu Hsing, 2005. "Application of the IS-MP-IA model to the German economy and policy implications," Economics Bulletin, AccessEcon, vol. 15(5), pages 1-10.
    36. Bernardino Adão, 2009. "The Monetary Transmission Mechanism for a Small Open Economy in a Monetary Union," Working Papers w200903, Banco de Portugal, Economics and Research Department.
    37. Harris Dellas, 2003. "Monetary Policy in Open Economies under Imperfect Information," Working Papers 072003, Hong Kong Institute for Monetary Research.
    38. Volker Clausen & Bernd Hayo, 2002. "Makroökonomische Implikationen der Mitgliedschaft Deutschlands in der Europäischen Währungsunion," Vierteljahrshefte zur Wirtschaftsforschung / Quarterly Journal of Economic Research, DIW Berlin, German Institute for Economic Research, vol. 71(3), pages 339-353.
    39. Nicolas Cuche-Curti & Harris Dellas & Jean-Marc Natal, 2010. "Price Stability and the Case for Flexible Exchange Rates," Open Economies Review, Springer, vol. 21(1), pages 3-16, February.
    40. Wai‐Mun Chia & Joseph D. Alba, 2006. "Terms‐of‐Trade Shocks and Exchange Rate Regimes in a Small Open Economy," The Economic Record, The Economic Society of Australia, vol. 82(s1), pages 41-53, September.
    41. Matthew Canzoneri, 2007. "Coordination of Monetary and Fiscal Policy in a Monetary Union: Policy Issues & Analytical Models," Money Macro and Finance (MMF) Research Group Conference 2006 165, Money Macro and Finance Research Group.
    42. Taiyo Yoshimi, 2014. "Lending Rate Spread Shock and Monetary Policy Arrangements: A Small Open Economy Model for ASEAN Countries," Asian Economic Journal, East Asian Economic Association, vol. 28(1), pages 19-39, March.

  41. Kollintzas, Tryphon & Collard, Fabrice, 2000. "Maintenance, Utilization, and Depreciation along the Business Cycle," CEPR Discussion Papers 2477, C.E.P.R. Discussion Papers.

    Cited by:

    1. Dueker, Michael J. & Fischer, Andreas M., 2003. "Fixing Swiss potholes: The importance and cyclical nature of improvements," Economics Letters, Elsevier, vol. 79(3), pages 409-415, June.
    2. George Bitros & Elias Flytzanis, 2004. "Utilization and Maintenance in a Model with Terminal Scrapping," Macroeconomics 0411016, University Library of Munich, Germany.
    3. Omar Licandro & Luis A. Puch González & J. Ramón Ruiz Tamaritz, 2001. "Optimal Growth under Endogeneous Depreciation, Capital Utilization and Maintenance Costs," Documentos de Trabajo del ICAE 0101, Universidad Complutense de Madrid, Facultad de Ciencias Económicas y Empresariales, Instituto Complutense de Análisis Económico.
    4. Eleni Angelopoulou & Sarantis Kalyvitis, 2011. "Estimating the Euler Equation for Aggregate Investment with Endogenous Capital Depreciation," DEOS Working Papers 1117, Athens University of Economics and Business.
    5. Alice Albonico & Sarantis Kalyvitis & Evi Pappa, 2013. "Capital Maintenance and Depreciation over the Business Cycle," DEOS Working Papers 1326, Athens University of Economics and Business.
    6. BOUCEKKINE, Raouf & MARTINEZ, Blanca & SAGLAM, Cagri, 2006. "Capital maintenance Vs technology adoption under embodied technical progress," LIDAM Discussion Papers CORE 2006058, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    7. Fischer, Andreas & Dueker, Michael & Dittmar, Robert, 2002. "Stochastic Capital Depreciation and the Comovement of Hours and Productivity," CEPR Discussion Papers 3192, C.E.P.R. Discussion Papers.
    8. Raouf BOUCEKKINE & Giorgio FABBRI & Fausto GOZZI, 2009. "Maintenance and investment : Complements or Substitutes ? A Reappraisal," LIDAM Discussion Papers IRES 2009010, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    9. Jang-Ting Guo & Kevin J. Lansing, 2005. "Maintenance expenditures and indeterminacy under increasing returns to scale," Working Paper Series 2005-10, Federal Reserve Bank of San Francisco.
    10. Raouf BOUCEKKINE & Blanca MARTINEZ & Cagri SAGLAM, 2001. "Technology Adoption, Capital Maintenance and the Technological Gap," LIDAM Discussion Papers IRES 2001033, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    11. Michael J. Dueker & Andreas M. Fischer, 2003. "Fixing Swiss potholes: the importance of improvements," Working Papers 2001-025, Federal Reserve Bank of St. Louis.
    12. Bitros, George C., 2016. "A theory of maintenance expenditures tested on automobile data from Greece," MPRA Paper 70820, University Library of Munich, Germany.
    13. Deli, Yota D., 2016. "Endogenous capital depreciation and technology shocks," Journal of International Money and Finance, Elsevier, vol. 69(C), pages 318-338.
    14. Blanca MARTINEZ, 2002. "Technological convergence and the connections between adoption, maintenance and investment activities," LIDAM Discussion Papers IRES 2002025, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    15. Cagri Saglam & Vladimir M. Veliov, 2008. "Role of Endogenous Vintage Specific Depreciation in the Optimal Behavior of Firms," International Journal of Economic Theory, The International Society for Economic Theory, vol. 4(3), pages 381-410, September.
    16. Bitros, George C. & Flytzanis, Elias, 2009. "Utilization and maintenance in a model with scrapping," European Journal of Operational Research, Elsevier, vol. 194(2), pages 551-573, April.

  42. Fabrice COLLARD & Guy ERTZ, 2000. "Stochastic Nominal Wage Contracts in a Cash-in-Advance model," Discussion Papers (REL - Recherches Economiques de Louvain) 2000032, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).

    Cited by:

    1. Jean-Pascal Bénassy, 2006. "Dynamic models with non clearing markets," PSE Working Papers halshs-00590433, HAL.
    2. Bénassy, Jean-Pascal, 2002. "Conférence François-Albert Angers (2002)," L'Actualité Economique, Société Canadienne de Science Economique, vol. 78(4), pages 423-457, Décembre.
    3. Jean-Pascal Bénassy, 2005. "Competitiveness, market power and price stickiness: A paradox and a resolution," PSE Working Papers halshs-00590559, HAL.
    4. Jean-Pascal Bénassy, 2003. "Staggered contracts and persistence : microeconomic foundations and macroeconomic dynamics," Recherches économiques de Louvain, De Boeck Université, vol. 69(2), pages 125-144.

  43. Collard, Fabrice & Fève, Patrick & Langot, François, 2000. "Structural Inference and the Lucas Critique," IDEI Working Papers 111, Institut d'Économie Industrielle (IDEI), Toulouse, revised 2001.

    Cited by:

    1. Thomas A. Lubik & Paolo Surico, 2010. "The Lucas critique and the stability of empirical models," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 25(1), pages 177-194, January.
    2. Yuelin Liu & James Morley, 2013. "Structural Evolution of the Postwar U.S. Economy," Discussion Papers 2013-15A, School of Economics, The University of New South Wales.
    3. Blas Pérez, Beatriz de, 2004. "Can financial frictions help explain the performance of the us fed?," UC3M Working papers. Economics we044517, Universidad Carlos III de Madrid. Departamento de Economía.
    4. Collard, Fabrice & Fève, Patrick, 2012. "Sur les Causes et les Effets en Macro-Economie : les Contributions de Sargent et Sims,Prix Nobel d'Economie 2011," IDEI Working Papers 726, Institut d'Économie Industrielle (IDEI), Toulouse.

  44. Dellas, Harris & Collard, Fabrice & Ertz, Guy, 2000. "Poole Revisited," CEPR Discussion Papers 2521, C.E.P.R. Discussion Papers.

    Cited by:

    1. Hromcova, Jana, 2003. "Money and growth in a cash-in-advance economy with costly credit," Economic Modelling, Elsevier, vol. 20(6), pages 1113-1136, December.
    2. Jana Hromcová, 2004. "On The Income Velocity Of Money In A Cash-In-Advance Economy With Capital," Working Papers. Serie AD 2004-21, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    3. Jordi Caballe & Jana Hromcova, 2001. "The Role of Central Bank Operating Procedures in an Economy with Productive Government Spending," UFAE and IAE Working Papers 504.01, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
    4. Woodford Michael, 2002. "Inflation Stabilization and Welfare," The B.E. Journal of Macroeconomics, De Gruyter, vol. 2(1), pages 1-53, February.
    5. Jana Hromcová, 2007. "On Income Velocity of Money, Precautionary Money Demand and Growth," Journal of Economics, Springer, vol. 90(2), pages 143-166, March.
    6. Guy Ertz, 2001. "La contribution du courant des cycles réels à la théorie du cycle économique," Reflets et perspectives de la vie économique, De Boeck Université, vol. 0(1), pages 215-227.
    7. Correani, L. & Di Dio, F. & Patrì, S., 2014. "Optimal choice of fiscal policy instruments in a stochastic IS–LM model," Mathematical Social Sciences, Elsevier, vol. 71(C), pages 30-42.
    8. Sell, Friedrich L. & Kermer, Silvio, 2006. "William Poole in der modernen Makroökonomik: Exegese des ursprünglichen Beitrags und seiner Fortentwicklungen für die offene Volkswirtschaft," Working Papers in Economics 2006,3, Bundeswehr University Munich, Economic Research Group.

  45. Collard, Fabrice & Fève, Patrick & Langot, François & Perraudin, Corinne, 1999. "A structural model for US aggregate job flows," CEPREMAP Working Papers (Couverture Orange) 9910, CEPREMAP.

    Cited by:

    1. Eleni Iliopulos & François Langot & Thepthida Sopraseuth, 2019. "Welfare Cost of Fluctuations When Labor Market Search Interacts with Financial Frictions," PSE-Ecole d'économie de Paris (Postprint) hal-03970668, HAL.
    2. Sacht, Stephen & Franke, Reiner & Jang, Tae-Seok, 2013. "Moment Matching versus Bayesian Estimation: Backward-Looking Behaviour in a New-Keynesian Baseline Model," VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 79694, Verein für Socialpolitik / German Economic Association.
    3. Frédéric Karamé & Lise Patureau & Thepthida Sopraseuth, 2003. "Limited Participation and Exchange Rate Dynamics: Does Theory Meet the Data?," Documents de recherche 03-15, Centre d'Études des Politiques Économiques (EPEE), Université d'Evry Val d'Essonne.
    4. Philipp Schmidt-Dengler, 2003. "A structural model of aggregate US job flows: another look," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 18(1), pages 113-118.
    5. Thomas B. King, 2005. "Labor productivity and job-market flows: trends, cycles, and correlations," Supervisory Policy Analysis Working Papers 2005-04, Federal Reserve Bank of St. Louis.
    6. Frédéric Karamé, 2015. "Asymmetries and Markov-switching structural VAR," Post-Print hal-02296101, HAL.
    7. Franke, Reiner & Jang, Tae-Seok & Sacht, Stephen, 2011. "Moment matching versus Bayesian estimation: Backward-looking behaviour in the new-Keynesian three-equations model," Economics Working Papers 2011-10, Christian-Albrechts-University of Kiel, Department of Economics.

  46. Collard, Fabrice & Juillard, Michel, 1999. "Accuracy of stochastic perturbuation methods: the case of asset pricing models," CEPREMAP Working Papers (Couverture Orange) 9922, CEPREMAP.

    Cited by:

    1. Kim, Jinill & Kim, Sunghyun Henry, 2003. "Spurious welfare reversals in international business cycle models," Journal of International Economics, Elsevier, vol. 60(2), pages 471-500, August.
    2. Elnura Baiaman kyzy & Roberto Leon-Gonzalez, 2024. "Estimation of Nonlinear DSGE Models Through Laplace Based Solutions," Working Paper series 24-11, Rimini Centre for Economic Analysis.
    3. Mykhaylova Olena & Staveley-O’Carroll James, 2014. "International transmission of productivity shocks with nonzero net foreign debt," The B.E. Journal of Macroeconomics, De Gruyter, vol. 14(1), pages 579-624, January.
    4. Levin, Andrew T., 2002. "Comment on: Monetary policy rules in the open economy: effects on welfare and business cycles," Journal of Monetary Economics, Elsevier, vol. 49(5), pages 1017-1023, July.
    5. Juillard Michel, 2011. "Local approximation of DSGE models around the risky steady state," wp.comunite 0087, Department of Communication, University of Teramo.
    6. Gianluca Benigno & Pierpaolo Benigno & Salvatore Nistico, 2011. "Second-Order Approximation of Dynamic Models with Time-Varying Risk," FMG Discussion Papers dp677, Financial Markets Group.
    7. Rahul Anand & Eswar S. Prasad, 2010. "Optimal Price Indices for Targeting Inflation Under Incomplete Markets," NBER Working Papers 16290, National Bureau of Economic Research, Inc.
    8. Pang, Ke, 2013. "Financial integration, nominal rigidity, and monetary policy," International Review of Economics & Finance, Elsevier, vol. 25(C), pages 75-90.
    9. Lilia Cavallari & Federico Etro, 2017. "Demand, Markups and the Business Cycle. Bayesian Estimation and Quantitative Analysis in Closed and Open Economies," Working Papers 2017:09, Department of Economics, University of Venice "Ca' Foscari".
    10. Alali, Walid Y., 2009. "Solution Strategies of Dynamic Stochastic General Equilibrium (DSGE) models," MPRA Paper 116480, University Library of Munich, Germany.
    11. Baoline Chen & Peter Zadrozny, 2003. "Higher-Moments in Perturbation Solution of the Linear-Quadratic Exponential Gaussian Optimal Control Problem," Computational Economics, Springer;Society for Computational Economics, vol. 21(1), pages 45-64, February.
    12. Lilia Maliar & Serguei Maliar & John Taylor & Inna Tsener, 2015. "A Tractable Framework for Analyzing a Class of Nonstationary Markov Models," NBER Working Papers 21155, National Bureau of Economic Research, Inc.
    13. Toda, Alexis Akira, 2017. "Huggett Economies with Multiple Stationary Equilibria," MPRA Paper 78984, University Library of Munich, Germany.
    14. De Paoli, Bianca, 2004. "Monetary policy and welfare in a small open economy," LSE Research Online Documents on Economics 19950, London School of Economics and Political Science, LSE Library.
    15. Collard, Fabrice & Dellas, Harris, 2005. "Tax distortions and the case for price stability," Journal of Monetary Economics, Elsevier, vol. 52(1), pages 249-273, January.
    16. Parra-Alvarez, Juan Carlos, 2018. "A Comparison Of Numerical Methods For The Solution Of Continuous-Time Dsge Models," Macroeconomic Dynamics, Cambridge University Press, vol. 22(6), pages 1555-1583, September.
    17. Sergey Ivashchenko, 2014. "Forecasting in a Non-Linear DSGE Model," EUSP Department of Economics Working Paper Series 2014/02, European University at St. Petersburg, Department of Economics.
    18. Lars-Alexander Kuehn, 2007. "Time-to-Build and Asset Prices," 2007 Meeting Papers 1015, Society for Economic Dynamics.
    19. Paolo Gelain & Kevin J. Lansing, 2013. "House prices, expectations, and time-varying fundamentals," Working Paper 2013/05, Norges Bank.
    20. Viktors Ajevskis, 2019. "Generalised Impulse Response Function as a Perturbation of a Global Solution to DSGE Models," Working Papers 2019/04, Latvijas Banka.
    21. Nicoletta Batini & Alessandro Cantelmo & Giovanni Melina & Stefania Villa, 2020. "How Loose, how tight? A measure of monetary and fiscal stance for the euro area," Temi di discussione (Economic working papers) 1295, Bank of Italy, Economic Research and International Relations Area.
    22. Jinill Kim & Sunghyun Henry Kim, 1999. "Inaccuracy of Loglinear Approximation in Welfare Calculations: the Case of International Risk Sharing," Computing in Economics and Finance 1999 251, Society for Computational Economics.
    23. John Bound & Breno Braga & Joseph M. Golden & Gaurav Khanna, 2015. "Recruitment of Foreigners in the Market for Computer Scientists in the United States," Journal of Labor Economics, University of Chicago Press, vol. 33(S1), pages 187-223.
    24. Mr. Michael Kumhof & Mr. Ricardo C Nunes & Mrs. Irina Yakadina, 2007. "Simple Monetary Rules Under Fiscal Dominance," IMF Working Papers 2007/271, International Monetary Fund.
    25. Viktors Ajevskis, 2015. "Nonlocal Solutions to Dynamic Equilibrium Models: The Approximate Stable Manifolds Approach," Papers 1506.02521, arXiv.org.
    26. Rajeev Dhawan & Karsten Jeske, 2008. "Energy Price Shocks and the Macroeconomy: The Role of Consumer Durables," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 40(7), pages 1357-1377, October.
    27. Alfonso Novales & Javier J. Pérez, 2002. "Is it Worth Refining Linear Approximations to Non-Linear Rational Expectations Models?," Economic Working Papers at Centro de Estudios Andaluces E2002/15, Centro de Estudios Andaluces.
    28. Rajeev Dhawan & Karsten Jeske & Pedro Silos, 2010. "Productivity, Energy Prices and the Great Moderation: A New Link," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 13(3), pages 715-724, July.
    29. Wieland, Volker & Cwik, Tobias & Wolters, Maik & Müller, Gernot & Schmidt, Sebastian, 2012. "A New Comparative Approach to Macroeconomic Modeling and Policy Analysis," CEPR Discussion Papers 8814, C.E.P.R. Discussion Papers.
    30. José Cao-Alvira, 2012. "Velocity Volatility Assessment of Monetary Shocks on Cash-in-Advance Economies," Computational Economics, Springer;Society for Computational Economics, vol. 40(3), pages 293-311, October.
    31. Özer Karagedikli & Troy Matheson & Christie Smith & Shaun P. Vahey, 2007. "RBCs and DSGEs:The Computational Approach to Business Cycle Theory and Evidence," Reserve Bank of New Zealand Discussion Paper Series DP2007/15, Reserve Bank of New Zealand.
    32. Willi Semmler & Lars Grüne & Marleen Stieler, 2013. "Using Nonlinear Model Predictive Control for Dynamic Decision Problems in Economics," EcoMod2013 5782, EcoMod.
    33. Castillo, Paul & Montoro, Carlos & Tuesta, Vicente, 2020. "Inflation, oil price volatility and monetary policy," Journal of Macroeconomics, Elsevier, vol. 66(C).
    34. Michel Juillard & Tarik Ocaktan, 2008. "Méthodes de simulation des modèles stochastiques d'équilibre général," Post-Print hal-00813425, HAL.
    35. Martin M. Andreasen & Giovanni Caggiano & Efrem Castelnuovo & Giovanni Pellegrino, 2021. "Why Does Risk Matter More in Recessions than in Expansions?," Economics Working Papers 2021-12, Department of Economics and Business Economics, Aarhus University.
    36. Walter Pohl & Karl Schmedders & Ole Wilms, 2018. "Higher Order Effects in Asset Pricing Models with Long‐Run Risks," Journal of Finance, American Finance Association, vol. 73(3), pages 1061-1111, June.
    37. Evans, Martin D.D. & Hnatkovska, Viktoria, 2012. "A method for solving general equilibrium models with incomplete markets and many financial assets," Journal of Economic Dynamics and Control, Elsevier, vol. 36(12), pages 1909-1930.
    38. Laxton, Douglas & Pesenti, Paolo & Juillard, Michel & Karam, Philippe, 2006. "Welfare-based monetary policy rules in an estimated DSGE model of the US economy," Working Paper Series 613, European Central Bank.
    39. Angelo M. Fasolo, 2011. "The Accuracy of Perturbation Methods to Solve Small Open Economy Models," Working Papers Series 262, Central Bank of Brazil, Research Department.
    40. Oliver DeGroot, 2014. "The Risk Channel of Monetary Policy," Finance and Economics Discussion Series 2014-31, Board of Governors of the Federal Reserve System (U.S.).
    41. Emilien Gouin-Bonenfant & Alexis Akira Toda, 2019. "Pareto Extrapolation: Bridging Theoretical and Quantitative Models of Wealth Inequality," 2019 Meeting Papers 152, Society for Economic Dynamics.
    42. Bianca De Paoli, Alasdair Scott, Olaf Weeken, 2007. "Asset pricing implications for a New Keynesian model," Money Macro and Finance (MMF) Research Group Conference 2006 156, Money Macro and Finance Research Group.
    43. Rajeev Dhawan & Karsten Jeske, 2007. "What determines the output drop after an energy price increase: household or firm energy share?," FRB Atlanta Working Paper 2007-20, Federal Reserve Bank of Atlanta.
    44. Gallic, Ewen & Vermandel, Gauthier, 2017. "Weather Shocks, Climate Change and Business Cycles," MPRA Paper 81230, University Library of Munich, Germany.
    45. Wieland, Volker & Taylor, John B., 2010. "Surprising comparative properties of monetary models: Results from a new model database," Working Paper Series 1261, European Central Bank.
    46. Xuan Liu & Zhiwei Cui, 2011. "Approximation Errors of Perturbation Methods in Solving a Class of Dynamic Stochastic General Equilibrium Models," Computational Economics, Springer;Society for Computational Economics, vol. 38(2), pages 107-128, August.
    47. Rajeev Dhawan & Karsten Jeske, 2008. "Energy Price Shocks and the Macroeconomy: The Role of Consumer Durables," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 40(7), pages 1357-1377, October.
    48. Sergey, Ivashchenko, 2014. "Estimating nonlinear DSGE models with moments based methods," Dynare Working Papers 32, CEPREMAP.
    49. Lars Grüne & Willi Semmler, 2007. "Asset pricing with dynamic programming," Computational Economics, Springer;Society for Computational Economics, vol. 29(3), pages 233-265, May.
    50. Paul Castillo & Carlos Montoro & Vicente Tuesta, 2007. "Inflation Premium and Oil Price Volatility," CEP Discussion Papers dp0782, Centre for Economic Performance, LSE.
    51. Ajevskis, Viktors, 2014. "Global Solutions to DSGE Models as a Perturbation of a Deterministic Path," MPRA Paper 55145, University Library of Munich, Germany.
    52. Lansing, Kevin J., 2016. "On variance bounds for asset price changes," Journal of Financial Markets, Elsevier, vol. 28(C), pages 132-148.
    53. Benchimol, Jonathan & Bozou, Caroline, 2024. "Desirable banking competition and stability," Journal of Financial Stability, Elsevier, vol. 73(C).
    54. Kevin J. Lansing, 2007. "Rational and near-rational bubbles without drift," Working Paper Series 2007-10, Federal Reserve Bank of San Francisco.
    55. Ajevskis, Viktors, 2015. "Semi-Global Solutions to DSGE Models: Perturbation around a Deterministic Path," Dynare Working Papers 44, CEPREMAP.
    56. Bergin, Paul R. & Shin, Hyung-Cheol & Tchakarov, Ivan, 2007. "Does exchange rate variability matter for welfare? A quantitative investigation of stabilization policies," European Economic Review, Elsevier, vol. 51(4), pages 1041-1058, May.
    57. Andreasen, Martin M. & Caggiano, Giovanni & Castelnuovo, Efrem & Pellegrino, Giovanni, 2024. "Does risk matter more in recessions than in expansions? Implications for monetary policy," Journal of Monetary Economics, Elsevier, vol. 143(C).
    58. Cavallari, Lilia & D׳Addona, Stefano, 2015. "Exchange rates as shock absorbers: The role of export margins," Research in Economics, Elsevier, vol. 69(4), pages 582-602.
    59. Taylor, John B. & Wieland, Volker, 2009. "Surprising comparative properties of monetary models: Results from a new data base," CFS Working Paper Series 2009/21, Center for Financial Studies (CFS).
    60. Lansing, Kevin J. & LeRoy, Stephen F., 2014. "Risk aversion, investor information and stock market volatility," European Economic Review, Elsevier, vol. 70(C), pages 88-107.
    61. Unal, Umut, 2015. "Capital Income Taxation and Welfare under DSGE Framework," MPRA Paper 68416, University Library of Munich, Germany.
    62. Stephanie Becker & Lars Grüne & Willi Semmler, 2007. "Comparing accuracy of second-order approximation and dynamic programming," Computational Economics, Springer;Society for Computational Economics, vol. 30(1), pages 65-91, August.
    63. Lan, Hong & Meyer-Gohde, Alexander, 2011. "Solving DSGE models with a nonlinear moving average," SFB 649 Discussion Papers 2011-087, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk.
    64. Haykaz Igityan, 2019. "Asymmetric Effects of Monetary Policy in Different Phases of Armenia's Business Cycle," Working Papers 11, Central Bank of Armenia.
    65. Zúñiga, Jimena & Capello, Marcelo & Butler, Inés & Grión, Nester, 2013. "A Cycle-Adjusted Fiscal Rule for Sustainable and More Equitable Growth in Argentina," IDB Publications (Working Papers) 4638, Inter-American Development Bank.
    66. Eickmeier, Sandra & Metiu, Norbert & Prieto, Esteban, 2016. "Time-varying volatility, financial intermediation and monetary policy," Discussion Papers 46/2016, Deutsche Bundesbank.
    67. Stephanie Schmitt-Grohe & Martin Uribe, 2001. "Solving Dynamic General Equilibrium Models Using a Second-Order Approximation to the Policy Function," Departmental Working Papers 200106, Rutgers University, Department of Economics.
    68. Sergey Ivashchenko, 2014. "DSGE Model Estimation on the Basis of Second-Order Approximation," Computational Economics, Springer;Society for Computational Economics, vol. 43(1), pages 71-82, January.
    69. Lilia Cavallari & Federico Etro, 2018. "Demand, Markups and the Business Cycle," Working Papers - Economics wp2018_30.rdf, Universita' degli Studi di Firenze, Dipartimento di Scienze per l'Economia e l'Impresa.
    70. Jan Bonenkamp & Yvonne Adema & Lex Meijdam, 2011. "Retirement Flexibility and Portfolio Choice," CPB Discussion Paper 182, CPB Netherlands Bureau for Economic Policy Analysis.
    71. Lim, G.C. & McNelis, Paul D., 2008. "Computational Macroeconomics for the Open Economy," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262123061, December.
    72. Yi Wen & Huabin Wu, 2011. "Dynamics of externalities: a second-order perspective," Review, Federal Reserve Bank of St. Louis, vol. 93(May), pages 187-206.
    73. Lan, Hong & Meyer-Gohde, Alexander, 2013. "Pruning in perturbation DSGE models: Guidance from nonlinear moving average approximations," SFB 649 Discussion Papers 2013-024, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk.
    74. Adema, Y. & Bonenkamp, J. & Meijdam, A.C., 2011. "Retirement Flexibility and Portfolio Choice," Other publications TiSEM 1c3af8c2-1351-4249-b296-9, Tilburg University, School of Economics and Management.
    75. David Aikman & Matthias Paustian, 2006. "Bank capital, asset prices and monetary policy," Bank of England working papers 305, Bank of England.
    76. Wieland, Volker & Afanasyeva, Elena & Kuete, Meguy & Yoo, Jinhyuk, 2016. "New methods for macro-financial model comparison and policy analysis," IMFS Working Paper Series 107, Goethe University Frankfurt, Institute for Monetary and Financial Stability (IMFS).
    77. James Staveley-O'Carroll & Olena M. Staveley-O'Carroll, 2016. "Exchange Rate Targeting in the Presence of Foreign Debt Obligations," Working Papers 1604, College of the Holy Cross, Department of Economics.
    78. Rajeev Dhawan & Karsten Jeske, 2007. "Taylor rules with headline inflation: a bad idea," FRB Atlanta Working Paper 2007-14, Federal Reserve Bank of Atlanta.
    79. Kenneth L. Judd & Lilia Maliar & Serguei Maliar, 2010. "A Cluster-Grid Projection Method: Solving Problems with High Dimensionality," NBER Working Papers 15965, National Bureau of Economic Research, Inc.
    80. Martin D. D. Evans (Georgetown University) and Viktoria Hnatkovska (Georgetown University), 2005. "Solving General Equilibrium Models with Incomplete Markets and Many Assets," Working Papers gueconwpa~05-05-18, Georgetown University, Department of Economics.
    81. Mathias Hoffmann & Bernd Kempa, 2009. "A Poole Analysis in the New Open Economy Macroeconomic Framework," Review of International Economics, Wiley Blackwell, vol. 17(5), pages 1074-1097, November.
    82. Ewen Gallic & Gauthier Vermandel, 2020. "Weather Shocks," Post-Print hal-02498669, HAL.
    83. Helton Saulo & Leandro Rêgo & Jose Divino, 2013. "Fiscal and monetary policy interactions: a game theory approach," Annals of Operations Research, Springer, vol. 206(1), pages 341-366, July.
    84. Kenneth L. Judd & Lilia Maliar & Serguei Maliar, 2014. "Lower Bounds on Approximation Errors: Testing the Hypothesis That a Numerical Solution Is Accurate?," BYU Macroeconomics and Computational Laboratory Working Paper Series 2014-06, Brigham Young University, Department of Economics, BYU Macroeconomics and Computational Laboratory.
    85. Federico S. Mandelman, 2006. "Business cycles: a role for imperfect competition in the banking system," FRB Atlanta Working Paper 2006-21, Federal Reserve Bank of Atlanta.
    86. Schmidt, Sebastian & Wieland, Volker, 2012. "The new keynesian approach to dynamic general equilibrium modeling: Models, methods, and macroeconomic policy evaluation," IMFS Working Paper Series 52, Goethe University Frankfurt, Institute for Monetary and Financial Stability (IMFS).
    87. Monfort, Alain & Renne, Jean-Paul & Roussellet, Guillaume, 2015. "A Quadratic Kalman Filter," Journal of Econometrics, Elsevier, vol. 187(1), pages 43-56.
    88. Patrick Kline, 2008. "Understanding Sectoral Labor Market Dynamics: An Equilibrium Analysis of the Oil and Gas Field Services Industry," Cowles Foundation Discussion Papers 1645, Cowles Foundation for Research in Economics, Yale University.
    89. de Groot, Oliver, 2013. "Computing the risky steady state of DSGE models," Economics Letters, Elsevier, vol. 120(3), pages 566-569.
    90. Xu, Wenli & Xu, Kun & Lu, Hongyou, 2016. "Environmental Policy and China’s Macroeconomic Dynamics Under Uncertainty---Based on The NK Model with Distortionary Taxation," MPRA Paper 71314, University Library of Munich, Germany.
    91. Alali, Walid Y., 2009. "Solution Strategies of Dynamic Stochastic General Equilibrium (DSGE) models," EconStor Preprints 269876, ZBW - Leibniz Information Centre for Economics.
    92. Cavallari, Lilia, 2015. "Entry costs and the dynamics of business formation," Journal of Macroeconomics, Elsevier, vol. 44(C), pages 312-326.
    93. Lathaporn Ratanavararak, 2018. "The Impact of Imperfect Financial Integration and Trade on Macroeconomic Volatility and Welfare in Emerging Markets," PIER Discussion Papers 79, Puey Ungphakorn Institute for Economic Research.
    94. Francesco Furlanetto & Paolo Gelain & Marzie Taheri Sanjani, 2014. "Output Gap in Presence of Financial Frictions and Monetary Policy Trade-offs," IMF Working Papers 2014/128, International Monetary Fund.
    95. Sergey Ivashchenko & Semih Emre Cekin & Rangan Gupta & Chien-Chiang Lee, 2022. "Real-Time Forecast of DSGE Models with Time-Varying Volatility in GARCH Form," Working Papers 202204, University of Pretoria, Department of Economics.
    96. Cavallari, Lilia, 2020. "Monetary policy and consumers' demand," Economic Modelling, Elsevier, vol. 92(C), pages 23-36.
    97. Juan Esteban Carranza & Jesús Antonio Bejarano Rojas & Camila Casas & Alejandra Ximena Gonzalez-Ramirez & Stefany Moreno-Burbano & Fernando Arias-Rodríguez & Juan Sebastián Vélez-Velásquez, 2018. "La industria colombiana en el siglo XXI," Revista ESPE - Ensayos Sobre Política Económica, Banco de la República, issue 87, pages 1-69, November.
    98. Den Haan, Wouter J. & De Wind, Joris, 2012. "Nonlinear and stable perturbation-based approximations," Journal of Economic Dynamics and Control, Elsevier, vol. 36(10), pages 1477-1497.
    99. Miroljub Labus & Milica Labus, 2019. "Monetary Transmission Channels in DSGE Models: Decomposition of Impulse Response Functions Approach," Computational Economics, Springer;Society for Computational Economics, vol. 53(1), pages 27-50, January.
    100. Heipertz, Jonas & Mihov, Ilian & Santacreu, Ana Maria, 2022. "Managing macroeconomic fluctuations with flexible exchange rate targeting," Journal of Economic Dynamics and Control, Elsevier, vol. 135(C).
    101. Ke Pang & Yao Tang, 2014. "Vertical Trade, Exchange Rate Pass-Through, and the Exchange Rate Regime," Open Economies Review, Springer, vol. 25(3), pages 477-520, July.
    102. Serguei Maliar & John Taylor & Lilia Maliar, 2016. "The Impact of Alternative Transitions to Normalized Monetary Policy," 2016 Meeting Papers 794, Society for Economic Dynamics.
    103. Sebastian Sienknecht, 2010. "On the Informational Loss Inherent in Approximation Procedures: Welfare Implications and Impulse Responses," Jena Economics Research Papers 2010-005, Friedrich-Schiller-University Jena.
    104. José Cao-Alvira, 2010. "Finite Elements in the Presence of Occasionally Binding Constraints," Computational Economics, Springer;Society for Computational Economics, vol. 35(4), pages 355-370, April.

  47. Auray, Stéphane & Collard, Fabrice & Fève, Patrick, 1999. "Habit Persistence and Beliefs," IDEI Working Papers 108, Institut d'Économie Industrielle (IDEI), Toulouse, revised 2001.

    Cited by:

    1. Fève, Patrick, 2004. "Indeterminacy Produces Determinacy," IDEI Working Papers 333, Institut d'Économie Industrielle (IDEI), Toulouse.
    2. Stéphane Auray & Patrick Fève & Fabrice Collard, 2004. "Habit Persistence and Money in the Utility Function," Economics Bulletin, AccessEcon, vol. 5(10), pages 1-9.

  48. Fabrice Collard & Martial Dupaigne, 1999. "Output Dynamics and the Workweek of Capital," Working Papers 99-28, Center for Research in Economics and Statistics.

    Cited by:

    1. Martial Dupaigne, 2000. "Capital Utilization and the Willingness to Rest: A General Equilibrium Analysis," Econometric Society World Congress 2000 Contributed Papers 0391, Econometric Society.

  49. Martine Carré & Fabrice Collard, 1999. "Monetary Union : A Welfare Based Approach," Working Papers 99-62, Center for Research in Economics and Statistics.

    Cited by:

    1. Alexandra Ferreira-Lopes, 2014. "The Welfare Cost of the EMU for Transition Countries," Prague Economic Papers, Prague University of Economics and Business, vol. 2014(4), pages 446-473.
    2. Groll, Dominik & Monacelli, Tommaso, 2020. "The inherent benefit of monetary unions," Journal of Monetary Economics, Elsevier, vol. 111(C), pages 63-79.
    3. Dirk Steffen & Ingo Pitterle, 2004. "Spillover Effects of Fiscal Policy Under Flexible Exchange Rates," Econometric Society 2004 Australasian Meetings 286, Econometric Society.
    4. Stéphane Auray & Aurélien Eyquem & Jean-Christophe Poutineau, 2008. "The Welfare Gains of Trade Integration in the European Monetary Union," Cahiers de recherche 08-10, Departement d'économique de l'École de gestion à l'Université de Sherbrooke.
    5. J.M.C. Santos Silva & Silvana Tenreyro, 2010. "Currency Unions in Prospect and Retrospect," Annual Review of Economics, Annual Reviews, vol. 2(1), pages 51-74, September.
    6. Agenor, Pierre-Richard & Aizenman, Joshua, 2008. "Capital Market Imperfections and the Theory of Optimum Currency Areas," Santa Cruz Department of Economics, Working Paper Series qt7668j94x, Department of Economics, UC Santa Cruz.
    7. Ghironi, Fabio, 2008. "The role of net foreign assets in a New Keynesian small open economy model," Journal of Economic Dynamics and Control, Elsevier, vol. 32(6), pages 1780-1811, June.
    8. Groll, Dominik & Monacelli, Tommaso, 2020. "The inherent benefit of monetary unions," Open Access Publications from Kiel Institute for the World Economy 307024, Kiel Institute for the World Economy (IfW Kiel).
    9. Koenig, Gilbert & Zeyneloglu, Irem, 2010. "When does financial integration matter for fiscal policy in a currency union? A welfare-based approach," Economic Modelling, Elsevier, vol. 27(3), pages 620-630, May.
    10. Pierdzioch, Christian, 2002. "Financial Market Integration and Business Cycle Volatility in a Monetary Union," Kiel Working Papers 1115, Kiel Institute for the World Economy (IfW Kiel).
    11. Ferreira-Lopes, Alexandra, 2010. "In or out? The welfare costs of EMU membership," Economic Modelling, Elsevier, vol. 27(2), pages 585-594, March.
    12. Bergin, Paul R. & Shin, Hyung-Cheol & Tchakarov, Ivan, 2007. "Does exchange rate variability matter for welfare? A quantitative investigation of stabilization policies," European Economic Review, Elsevier, vol. 51(4), pages 1041-1058, May.
    13. Pitterle, Ingo A. & Steffen, Dirk, 2004. "Welfare effects of fiscal policy under alternative exchange rate regimes: the role of the scale variable of money demand," MPRA Paper 13047, University Library of Munich, Germany, revised Oct 2004.
    14. Dohwa, Kohjiro, 2024. "The role of local currency pricing in the international transmission effects of a government spending shock in an economy with vertical production linkage and foreign direct investment," Journal of Macroeconomics, Elsevier, vol. 80(C).
    15. Gilbert Koenig & Irem Zeyneloglu, 2010. "Fiscal policy efficiency and coordination: The New Open Economy Macroeconomics Approach," Working Papers of BETA 2010-18, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    16. Puzzello, Laura & Gomis-Porqueras, Pedro, 2018. "Winners and losers from the €uro," European Economic Review, Elsevier, vol. 108(C), pages 129-152.

  50. Carre, M. & Collard, F., 1998. "Asymmetric Shocks and Monetary Union," Papiers d'Economie Mathématique et Applications 98.25, Université Panthéon-Sorbonne (Paris 1).

    Cited by:

    1. Fabio Ghironi, 2000. "Towards New Open Economy Macroeconometrics," Boston College Working Papers in Economics 469, Boston College Department of Economics.
    2. Fabio Ghironi, 2000. "Understanding Macroeconomic Interdependence: Do We Really Need to Shut Off the Current Account?," Boston College Working Papers in Economics 465, Boston College Department of Economics, revised 14 Aug 2003.

  51. Collard, F. & Kollintzas, T., 1998. ""d" Along the Business Cycle," DEOS Working Papers 0098-04, Athens University of Economics and Business.

    Cited by:

    1. Bitros, George C., 2009. "The Theorem of Proportionality in Mainstream Capital Theory: An Assessment of its Conceptual Foundations," MPRA Paper 17436, University Library of Munich, Germany.
    2. Jang-Ting Guo & Kevin J. Lansing, 2005. "Maintenance expenditures and indeterminacy under increasing returns to scale," Working Paper Series 2005-10, Federal Reserve Bank of San Francisco.
    3. George Bitros, 2010. "The theorem of proportionality in contemporary capital theory: An assessment of its conceptual foundations," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 23(4), pages 367-401, December.

Articles

  1. Sumru Altug & Cem Cakmakli & Fabrice Collard & Sujoy Mukerji & Han Ozsoylev, 2020. "Ambiguous Business Cycles: A Quantitative Assessment," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 38, pages 220-237, October.
    See citations under working paper version above.
  2. George-Marios Angeletos & Fabrice Collard & Harris Dellas, 2020. "Business-Cycle Anatomy," American Economic Review, American Economic Association, vol. 110(10), pages 3030-3070, October.
    See citations under working paper version above.
  3. Fabrice Collard & Sujoy Mukerji & Kevin Sheppard & Jean‐Marc Tallon, 2018. "Ambiguity and the historical equity premium," Quantitative Economics, Econometric Society, vol. 9(2), pages 945-993, July.
    See citations under working paper version above.
  4. George‐Marios Angeletos & Fabrice Collard & Harris Dellas, 2018. "Quantifying Confidence," Econometrica, Econometric Society, vol. 86(5), pages 1689-1726, September.
    See citations under working paper version above.
  5. Fabrice Collard & Harris Dellas & George Tavlas, 2017. "Government Size and Macroeconomic Volatility," Economica, London School of Economics and Political Science, vol. 84(336), pages 797-819, October.

    Cited by:

    1. Martin Iseringhausen & Hauke Vierke, 2018. "What Drives Output Volatility? The Role of Demographics and Government Size Revisited," European Economy - Discussion Papers 075, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    2. Iñaki Erauskin & Stephen J. Turnovsky, 2019. "Financial Globalization and the Increase in the Size of Government: Are They Related?," Open Economies Review, Springer, vol. 30(2), pages 219-253, April.
    3. Eiji Fujii, 2017. "Government Size, Trade Openness, and Output Volatility: A Case of fully Integrated Economies," Open Economies Review, Springer, vol. 28(4), pages 661-684, September.
    4. Martin Geiger & Elias Hasler & Martin Gächter, 2021. "On the structural determinants of growth-at-risk," Arbeitspapiere 70, Liechtenstein-Institut.
    5. Jessica Madariaga & Anton Bekkerman, 2020. "The Impact of Trade Openness on Relative Equipment Prices: Lessons from Latin America," Economica, London School of Economics and Political Science, vol. 87(348), pages 938-984, October.
    6. George S. Tavlas, 2016. "New perspectives on the Great Depression: a review essay," Working Papers 212, Bank of Greece.
    7. Erauskin, Iñaki & Turnovsky, Stephen J., 2020. "Financial globalization and its consequences for productive government expenditure," Journal of Macroeconomics, Elsevier, vol. 66(C).
    8. Andrew Binning, 2024. "Quantifying the Role Automatic Stabilisers Play in New Zealand Using a Macro-Simulation Approach," Treasury Working Paper Series 24/02, New Zealand Treasury.
    9. Erkam Sari & Hakan Hotunluoglu, 2021. "Government Size and Openness: Insights Basedon Country Classifications," World Journal of Applied Economics, WERI-World Economic Research Institute, vol. 7(1), pages 1-16, June.

  6. Fabrice Collard & Harris Dellas & Behzad Diba & Olivier Loisel, 2017. "Optimal Monetary and Prudential Policies," American Economic Journal: Macroeconomics, American Economic Association, vol. 9(1), pages 40-87, January.
    See citations under working paper version above.
  7. Frédéric Boissay & Fabrice Collard & Frank Smets, 2016. "Booms and Banking Crises," Journal of Political Economy, University of Chicago Press, vol. 124(2), pages 489-538.
    See citations under working paper version above.
  8. Matthew Canzoneri & Fabrice Collard & Harris Dellas & Behzad Diba, 2016. "Fiscal Multipliers in Recessions," Economic Journal, Royal Economic Society, vol. 126(590), pages 75-108, February.
    See citations under working paper version above.
  9. Fabrice Collard & Michel Habib & Jean-Charles Rochet, 2015. "Sovereign Debt Sustainability In Advanced Economies," Journal of the European Economic Association, European Economic Association, vol. 13(3), pages 381-420, June.
    See citations under working paper version above.
  10. Hippolyte d'Albis & Fabrice Collard, 2013. "Age groups and the measure of population aging," Demographic Research, Max Planck Institute for Demographic Research, Rostock, Germany, vol. 29(23), pages 617-640.
    See citations under working paper version above.
  11. Matthew Canzoneri & Fabrice Collard & Harris Dellas & Behzad Diba, 2012. "Withering Government Spending Multipliers," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 44, pages 185-210, December.

    Cited by:

    1. Marco Riguzzi & Philipp Wegmueller, 2017. "Economic Openness and Fiscal Multipliers," International Economic Journal, Taylor & Francis Journals, vol. 31(1), pages 1-35, January.
    2. Rangan Gupta & Lardo Stander & Andrea Vaona, 2023. "Openness and growth: Is the relationship non‐linear?," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 28(3), pages 3071-3099, July.
    3. Luca, Pieroni & Lorusso, Marco, 2015. "Are all the fiscal policy shocks identical? Analysing the effects on private consumption of civilian and military spending shocks," MPRA Paper 69084, University Library of Munich, Germany.

  12. Collard, Fabrice & Dellas, Harris, 2012. "Euler equations and monetary policy," Economics Letters, Elsevier, vol. 114(1), pages 1-5.

    Cited by:

    1. Gareis, Johannes & Mayer, Eric, 2013. "Euler equations and money market interest rates: The role of monetary policy and risk premium shocks," Economics Letters, Elsevier, vol. 120(1), pages 27-31.
    2. Brissimis, Sophocles N. & Bechlioulis, Alexandros P., 2017. "The link between consumption and leisure under Cobb-Douglas preferences:Some new evidence," MPRA Paper 80877, University Library of Munich, Germany.
    3. Gareis, Johannes & Mayer, Eric, 2012. "Euler equations and money market interest rates: The role of monetary and risk premium shocks," W.E.P. - Würzburg Economic Papers 89, University of Würzburg, Department of Economics.
    4. Bechlioulis, Alexandros P. & Brissimis, Sophocles N., 2021. "Identifying key aspects of household behavior in a representative agent framework," Economic Modelling, Elsevier, vol. 97(C), pages 105-117.

  13. Beaudry, Paul & Collard, Fabrice & Portier, Franck, 2011. "Gold rush fever in business cycles," Journal of Monetary Economics, Elsevier, vol. 58(2), pages 84-97, March.
    See citations under working paper version above.
  14. Collard, Fabrice & Dellas, Harris, 2010. "Price resetting and inertia," Journal of Macroeconomics, Elsevier, vol. 32(1), pages 28-34, March.

    Cited by:

    1. UMBA, Gilles Bertrand, 2017. "Estimation bayésienne d'un modèle DSGE pour une petite économie ouverte : Cas de la RD Congo [Bayesian estimation of a DSGE model for a small open economy: Case of DR Congo]," MPRA Paper 81324, University Library of Munich, Germany.

  15. Fabrice Collard & Harris Dellas, 2010. "Monetary Misperceptions, Output, and Inflation Dynamics," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 42(2-3), pages 483-502, March.
    See citations under working paper version above.
  16. Collard, Fabrice & Dellas, Harris & Smets, Frank, 2009. "Imperfect information and the business cycle," Journal of Monetary Economics, Elsevier, vol. 56(S), pages 38-56.
    See citations under working paper version above.
  17. Fabrice Collard & Patrick Fève, 2008. "Modèles VAR ou DSGE : que choisir ?," Economie & Prévision, La Documentation Française, vol. 0(2), pages 153-174.

    Cited by:

    1. Fabien Clive Ntonga Efoua & Etienne Inédit Blaise Tsomb Tsomb, 2023. "Commodity Shocks and External Currency Stability : An Empirical Evidence from CEMAC [Chocs sur les produits de base et stabilité externe de la monnaie : une évidence empirique en CEMAC]," Post-Print hal-04273963, HAL.
    2. Tsasa Vangu, Jean-Paul Kimbambu, 2014. "Diagnostic de la politique monétaire en Rép. Dém. Congo – Approche par l’Equilibre Général Dynamique Stochastique," Dynare Working Papers 38, CEPREMAP.
    3. Kamber, Günes, 2010. "Inflation dynamics under habit formation in hours," Economics Letters, Elsevier, vol. 108(3), pages 269-272, September.

  18. Fabrice Collard & Omar Licandro & Luis A. Puch, 2008. "The short-run Dynamics of Optimal Growth Model with Delays," Annals of Economics and Statistics, GENES, issue 90, pages 127-143.
    See citations under working paper version above.
  19. Fabrice Collard & Harris Dellas, 2007. "Technology Shocks and Employment," Economic Journal, Royal Economic Society, vol. 117(523), pages 1436-1459, October.
    See citations under working paper version above.
  20. Beaudry, Paul & Collard, Fabrice, 2006. "Globalization, returns to accumulation and the world distribution of output," Journal of Monetary Economics, Elsevier, vol. 53(5), pages 879-909, July.
    See citations under working paper version above.
  21. Fabrice Collard & Harris Dellas, 2006. "Price Rigidity and the Selection of the Exchange Rate Regime," Open Economies Review, Springer, vol. 17(1), pages 5-26, January.

    Cited by:

    1. George Economides & Apostolis Philippopoulos & Petros Varthalitis, 2016. "Monetary Union, Even Higher Integration, or Back to National Currencies?," CESifo Economic Studies, CESifo Group, vol. 62(2), pages 232-255.
    2. Hyuk Jae Rhee & Jeongseok Song, 2017. "Real Wage Flexibility, Economic Fluctuations, and Exchange Rate Regimes," Open Economies Review, Springer, vol. 28(4), pages 633-659, September.
    3. Collard, Fabrice & Dellas, Harris, 2006. "The case for inflation stability," Journal of Monetary Economics, Elsevier, vol. 53(8), pages 1801-1814, November.
    4. Philippopoulos, Apostolis & Varthalitis, Petros & Vassilatos, Vanghelis, 2016. "Fiscal consolidation in an open economy with sovereign premia and without monetary policy independence," MPRA Paper 81327, University Library of Munich, Germany.
    5. Philippopoulos, Apostolis & Varthalitis, Petros & Vassilatos, Vanghelis, 2017. "Fiscal consolidation and its cross-country effects," Journal of Economic Dynamics and Control, Elsevier, vol. 83(C), pages 55-106.
    6. Diego Bastourre & Jorge Carrera, 2004. "Could The Exchange Rate Regime Reduce Macroeconomic Volatility?," Anais do XXXII Encontro Nacional de Economia [Proceedings of the 32nd Brazilian Economics Meeting] 067, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    7. Patrick Minford & Prakriti Sofat, 2004. "An Open Economy Real Business Cycle Model for the UK," Money Macro and Finance (MMF) Research Group Conference 2004 23, Money Macro and Finance Research Group.
    8. Harris Dellas, 2003. "Monetary Policy in Open Economies under Imperfect Information," Working Papers 072003, Hong Kong Institute for Monetary Research.
    9. Apostolis Philippopoulos & Petros Varthalitis & Vanghelis Vassilatos, 2013. "Optimal Fiscal Action in an Economy with Sovereign Premia and without Monetary Independence: An Application to Italy," CESifo Working Paper Series 4199, CESifo.

  22. Collard, Fabrice & Dellas, Harris, 2006. "The case for inflation stability," Journal of Monetary Economics, Elsevier, vol. 53(8), pages 1801-1814, November.
    See citations under working paper version above.
  23. Collard, Fabrice & Feve, Patrick & Ghattassi, Imen, 2006. "Predictability and habit persistence," Journal of Economic Dynamics and Control, Elsevier, vol. 30(11), pages 2217-2260, November.
    See citations under working paper version above.
  24. Collard, Fabrice & Fève, Patrick & Ghattassi, Imen, 2006. "A Note On The Exact Solution Of Asset Pricing Models With Habit Persistence," Macroeconomic Dynamics, Cambridge University Press, vol. 10(2), pages 273-283, April.

    Cited by:

    1. Oliver de Groot, 2014. "Solving asset pricing models with stochastic volatility," Finance and Economics Discussion Series 2014-71, Board of Governors of the Federal Reserve System (U.S.).
    2. Walter Pohl & Karl Schmedders & Ole Wilms, 2018. "Higher Order Effects in Asset Pricing Models with Long‐Run Risks," Journal of Finance, American Finance Association, vol. 73(3), pages 1061-1111, June.
    3. Yu Chen & Thomas Cosimano & Alex Himonas, 2008. "Solving an asset pricing model with hybrid internal and external habits, and autocorrelated Gaussian shocks," Annals of Finance, Springer, vol. 4(3), pages 305-344, July.

  25. Stephane Auray & Fabrice Collard & Patrick Feve, 2005. "Habit Persistence, Money Growth Rule and Real Indeterminacy," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 8(1), pages 48-67, January.

    Cited by:

    1. Mark Weder, 2006. "Interest Rate Rules and Macroeconomic Stabilization," School of Economics and Public Policy Working Papers 2006-01, University of Adelaide, School of Economics and Public Policy.
    2. Shu-Hua Chen, 2012. "On the Growth and Stability Effects of Habit Formation and Durability in Consumption," Annals of Economics and Finance, Society for AEF, vol. 13(2), pages 283-298, November.
    3. Been-Lon Chen & Yu-Shan Hsu & Kazuo Mino, 2013. "Can consumption habit spillovers be a source of equilibrium indeterminacy?," Journal of Economics, Springer, vol. 109(3), pages 245-269, July.
    4. Seiya Fujisaki, 2009. "Habit Formation, Interest-Rate Control and Equilibrium Determinacy," Discussion Papers in Economics and Business 09-23, Osaka University, Graduate School of Economics.
    5. Scheffel, Eric, 2008. "Consumption Velocity in a Cash Costly-Credit Model," Cardiff Economics Working Papers E2008/31, Cardiff University, Cardiff Business School, Economics Section.

  26. Collard, Fabrice & Dellas, Harris, 2005. "Poole in the New Keynesian model," European Economic Review, Elsevier, vol. 49(4), pages 887-907, May.
    See citations under working paper version above.
  27. Paul Beaudry & Fabrice Collard & David A. Green, 2005. "Changes in the World Distribution of Output Per Worker, 1960-1998: How a Standard Decomposition Tells an Unorthodox Story," The Review of Economics and Statistics, MIT Press, vol. 87(4), pages 741-753, November.

    Cited by:

    1. Johnson, Paul & Papageorgiou, Chris, 2018. "What Remains of Cross-Country Convergence?," MPRA Paper 89355, University Library of Munich, Germany.
    2. Gancia, Gino & Bonfiglioli, Alessandra, 2008. "North-South trade and directed technical change," Journal of International Economics, Elsevier, vol. 76(2), pages 276-295, December.
    3. Battisti, Michele & Parmeter, Christopher F., 2013. "Clustering and polarization in the distribution of output: A multivariate perspective," Journal of Macroeconomics, Elsevier, vol. 35(C), pages 144-162.
    4. Corey A. DeAngelis & Angela K. Dills, 2020. "Does Compulsory Schooling Affect Innovation? Evidence from the United States," Social Science Quarterly, Southwestern Social Science Association, vol. 101(5), pages 1728-1742, September.
    5. Michele Battisti & Massimo Del Gatto & Christopher F. Parmeter, 2018. "Labor productivity growth: disentangling technology and capital accumulation," Journal of Economic Growth, Springer, vol. 23(1), pages 111-143, March.
    6. Michele Battisti & Christopher F. Parmeter, 2010. "Convergence Tools and Mixture Analysis," Working Papers CELEG 1007, Dipartimento di Economia e Finanza, LUISS Guido Carli.
    7. Patrick Carter & Jonathan Temple, 2014. "Virtuous Circles and the Case for Aid," Bristol Economics Discussion Papers 14/636, School of Economics, University of Bristol, UK, revised 12 Oct 2015.
    8. Davide Fiaschi & Andrea Mario Lavezzi & Angela Parenti, 2009. "Counterfactual Distribution Dynamics across European Regions," Discussion Papers 2009/85, Dipartimento di Economia e Management (DEM), University of Pisa, Pisa, Italy.
    9. Davide Fiaschi & Andrea Mario Lavezzi & Angela Parenti, 2020. "Deep and Proximate Determinants of the World Income Distribution," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 66(3), pages 677-710, September.
    10. Amélie Charles & Olivier Darné & Jean-François Hoarau, 2012. "Convergence of real per capita GDP within COMESA countries: A panel unit root evidence," Post-Print hal-00956938, HAL.
    11. Bouché, Stéphane, 2017. "Learning by doing, endogenous discounting and economic development," Journal of Mathematical Economics, Elsevier, vol. 73(C), pages 34-43.
    12. Davide Fiaschi & Andrea Mario Lavezzi & Angela Parenti, 2013. "On the Determinants of Distribution Dynamics," Discussion Papers 2013/165, Dipartimento di Economia e Management (DEM), University of Pisa, Pisa, Italy.
    13. Shahram Amini & Michele Battisti & Christopher F. Parmeter, 2011. "Decomposing The Conditional Variance of Cross-Country Output," Working Papers 2011-18, University of Miami, Department of Economics.
    14. Gordon Anderson & Oliver Linton & Teng Leo, 2012. "A polarization-cohesion perspective on cross-country convergence," Journal of Economic Growth, Springer, vol. 17(1), pages 49-69, March.
    15. Michele Battisti & Christopher F. Parmeter, 2011. "Income Polarization, Convergence Tools and Mixture Analysis," Working Papers 2011-17, University of Miami, Department of Economics.
    16. Bruns, Stephan B. & Ioannidis, John P.A., 2020. "Determinants of economic growth: Different time different answer?," Journal of Macroeconomics, Elsevier, vol. 63(C).
    17. Ahmed Tritah, 2016. "Endogenous wage rigidities, human capital accumulation and growth," TEPP Working Paper 2016-08, TEPP.
    18. Gordon Anderson & Teng Wah Leo & Oliver Linton, 2010. "Making Inferences About Rich Country - Poor Country Convergence: The Polarization Trapezoid and Overlap measures," Working Papers tecipa-387, University of Toronto, Department of Economics.
    19. Huynh, Kim P. & Jacho-Chávez, David T., 2009. "Growth and governance: A nonparametric analysis," Journal of Comparative Economics, Elsevier, vol. 37(1), pages 121-143, March.
    20. Giovanni Caggiano & Leone Leonida, 2013. "Multimodality in the distribution of GDP and the absolute convergence hypothesis," Empirical Economics, Springer, vol. 44(3), pages 1203-1215, June.

  28. Collard, Fabrice & Dellas, Harris, 2005. "Tax distortions and the case for price stability," Journal of Monetary Economics, Elsevier, vol. 52(1), pages 249-273, January.

    Cited by:

    1. Canzoneri, Matthew & Cumby, Robert & Diba, Behzad, 2010. "The Interaction Between Monetary and Fiscal Policy," Handbook of Monetary Economics, in: Benjamin M. Friedman & Michael Woodford (ed.), Handbook of Monetary Economics, edition 1, volume 3, chapter 17, pages 935-999, Elsevier.
    2. Nicholas Apergis, 2015. "Labor Income Tax and Output in a Panel of Central and Eastern European Countries: A Long-Run Perspective," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 21(1), pages 1-12, March.
    3. Pappa, Evi & Vassilatos, Vanghelis, 2007. "The unbearable tightness of being in a monetary union: Fiscal restrictions and regional stability," European Economic Review, Elsevier, vol. 51(6), pages 1492-1513, August.
    4. Marcela Meirelles Aurelio, 2006. "Targeting inflation and the fiscal balance : what is the optimal policy mix?," Research Working Paper RWP 06-07, Federal Reserve Bank of Kansas City.
    5. Fabrizio Mattesini & Lorenza Rossi, 2010. "Monetary Policy and Automatic Stabilizers: the Role of Progressive Taxation," Quaderni di Dipartimento 134, University of Pavia, Department of Economics and Quantitative Methods.
    6. L. Marrattin & M. Marzo, 2008. "Fiscal Rules in a Highly Distorted Economy," Working Papers 647, Dipartimento Scienze Economiche, Universita' di Bologna.
    7. Matthias Paustian, 2005. "The role of contracting schemes for the welfare costs of nominal rigidities," Computing in Economics and Finance 2005 196, Society for Computational Economics.
    8. David Aikman & Matthias Paustian, 2006. "Bank capital, asset prices and monetary policy," Bank of England working papers 305, Bank of England.
    9. Nicolas A. Cuche‐Curti & Harris Dellas & Jean‐Marc Natal, 2008. "Inflation Targeting in a Small Open Economy," International Finance, Wiley Blackwell, vol. 11(1), pages 1-18, May.
    10. Nicolas Cuche-Curti & Harris Dellas & Jean-Marc Natal, 2010. "Price Stability and the Case for Flexible Exchange Rates," Open Economies Review, Springer, vol. 21(1), pages 3-16, February.

  29. Collard, Fabrice & Feve, Patrick & Portier, Franck, 2005. "Electricity consumption and ICT in the French service sector," Energy Economics, Elsevier, vol. 27(3), pages 541-550, May.

    Cited by:

    1. Cainelli, Giulio & Mazzanti, Massimiliano & Montresor, Sandro, 2011. "Environmental Innovations, Local Networks and Internationalization," Sustainable Development Papers 101298, Fondazione Eni Enrico Mattei (FEEM).
    2. Ren, Siyu & Hao, Yu & Xu, Lu & Wu, Haitao & Ba, Ning, 2021. "Digitalization and energy: How does internet development affect China's energy consumption?," Energy Economics, Elsevier, vol. 98(C).
    3. Wei Li & Yongqin Xi & Jiayang Lu & Feimei Wu & Pengfei Wu, 2019. "Interactive relationships between industrial, urban, agricultural, information, and green development," Energy & Environment, , vol. 30(6), pages 991-1009, September.
    4. Muhammad Shahbaz & Ijaz Ur Rehman & Rashid Sbia & Helmi Hamdi, 2016. "The Role of Information Communication Technology and Economic Growth in Recent Electricity Demand: Fresh Evidence from Combine Cointegration Approach in UAE," Post-Print halshs-01902760, HAL.
    5. Axenbeck, Janna & Berner, Anne & Kneib, Thomas, 2022. "What drives the relationship between digitalization and industrial energy demand? Exploring firm-level heterogeneity," ZEW Discussion Papers 22-059, ZEW - Leibniz Centre for European Economic Research.
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    8. Nuri Rosmika & Raja Masbar & Sofyan Syahnur & Suriani Suriani, 2022. "The Impact of the Information and Communication Technology and Electricity on Inter-island Interactions in Indonesia," International Journal of Energy Economics and Policy, Econjournals, vol. 12(4), pages 568-574, July.
    9. Ng Thanh Mai & Le Thanh Ha & Tr?n Thi Mai Hoa & Nguyen Thi Thanh Huyen, 2022. "Effects of Digitalization on Natural Resource Use in European Countries: Does Economic Complexity Matter?," International Journal of Energy Economics and Policy, Econjournals, vol. 12(3), pages 77-92, May.
    10. Cecere, Grazia & Rexhäuser, Sascha & Schulte, Patrick, 2019. "From less promising to green? Technological opportunities and their role in (green) ICT innovation," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 28(1), pages 45-63.
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    12. Botang Han & Dong Wang & Weina Ding & Lei Han, 2016. "Effect of information and communication technology on energy consumption in China," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 84(1), pages 297-315, November.
    13. Wang, Xuliang & Xu, Lulu & Ye, Qin & He, Shi & Liu, Yi, 2022. "How does services agglomeration affect the energy efficiency of the service sector? Evidence from China," Energy Economics, Elsevier, vol. 112(C).
    14. Pardo Martínez, Clara Inés, 2013. "An analysis of eco-efficiency in energy use and CO2 emissions in the Swedish service industries," Socio-Economic Planning Sciences, Elsevier, vol. 47(2), pages 120-130.
    15. Le Thanh Ha & Pham Thi Ngoc Hanh & Nguyen Thi Thu Hang & Hoang Dang Khanh & Le Lan Phuong & Hoang Hop, 2024. "Moderating Role of Knowledge-Sharing on the Nexus of Digital Business and Natural Resources," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(1), pages 408-434, March.
    16. Bernstein, Ronald & Madlener, Reinhard, 2008. "The Impact of Disaggregated ICT Capital on Electricity Intensity of Production: Econometric Analysis of Major European Industries," FCN Working Papers 4/2008, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN).
    17. Wu, Haitao & Xue, Yan & Hao, Yu & Ren, Siyu, 2021. "How does internet development affect energy-saving and emission reduction? Evidence from China," Energy Economics, Elsevier, vol. 103(C).
    18. Bester Chimbo, 2020. "Information and Communication Technology and Electricity Consumption in Transitional Economies," International Journal of Energy Economics and Policy, Econjournals, vol. 10(3), pages 296-302.
    19. Zhang, Bing-bing & Wang, Yuan & Chen, Yue & Zhou, Junting, 2024. "Digital transformation by firms and the cleanliness of China's export products," Energy Economics, Elsevier, vol. 134(C).
    20. Clara Pardo Martínez, 2011. "Energy efficiency in the automotive industry evidence from Germany and Colombia," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 13(2), pages 367-383, April.
    21. Kangni Lyu & Shuwang Yang & Kun Zheng & Yao Zhang, 2023. "How Does the Digital Economy Affect Carbon Emission Efficiency? Evidence from Energy Consumption and Industrial Value Chain," Energies, MDPI, vol. 16(2), pages 1-20, January.
    22. Thurai Murugan Nathan, Venus Khim-Sen Liew, Wing-Keung Wong & Venus Khim-Sen Liew & Wing-Keung Wong, 2016. "Disaggregated Energy Consumption and Sectoral Outputs in Thailand: ARDL Bound Testing Approach," Journal of Management Sciences, Geist Science, Iqra University, Faculty of Business Administration, vol. 3(1), pages 39-51, March.
    23. Ahmadova, Gozal & Delgado-Márquez, Blanca L. & Pedauga, Luis E. & Leyva-de la Hiz, Dante I., 2022. "Too good to be true: The inverted U-shaped relationship between home-country digitalization and environmental performance," Ecological Economics, Elsevier, vol. 196(C).
    24. Marzieh Rahimi & Abbas Alavi Rad, 2017. "Internet Usage, Electricity Consumption and Economic Growth: Evidence from a Panel of Developing-8 Countries," International Journal of Energy Economics and Policy, Econjournals, vol. 7(3), pages 152-156.
    25. Zhang, Wei & Liu, Xuemeng & Wang, Die & Zhou, Jianping, 2022. "Digital economy and carbon emission performance: Evidence at China's city level," Energy Policy, Elsevier, vol. 165(C).
    26. To Trung Thanh & Le Thanh Ha & Hoang Phuong Dung & Tran Thi Lan Huong, 2023. "Impacts of digitalization on energy security: evidence from European countries," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 25(10), pages 11599-11644, October.
    27. Lee, Chien-Chiang & He, Zhi-Wen & Xiao, Fu, 2022. "How does information and communication technology affect renewable energy technology innovation? International evidence," Renewable Energy, Elsevier, vol. 200(C), pages 546-557.
    28. Wang, Ping & Han, Wei & Kumail Abbas Rizvi, Syed & Naqvi, Bushra, 2022. "Is Digital Adoption the way forward to Curb Energy Poverty?," Technological Forecasting and Social Change, Elsevier, vol. 180(C).
    29. Pardo Martínez, Clara Inés & Silveira, Semida, 2012. "Analysis of energy use and CO2 emission in service industries: Evidence from Sweden," Renewable and Sustainable Energy Reviews, Elsevier, vol. 16(7), pages 5285-5294.
    30. Briglauer, Wolfgang & Köppl-Turyna, Monika, 2021. "Die Auswirkung der Digitalisierung auf CO₂-Emissionen: Theoretische Einzeleffekte und empirische Abschätzung des Gesamteffekts," Policy Notes 46, EcoAustria – Institute for Economic Research.
    31. Magazzino, Cosimo & Mele, Marco & Morelli, Giovanna & Schneider, Nicolas, 2021. "The nexus between information technology and environmental pollution: Application of a new machine learning algorithm to OECD countries," Utilities Policy, Elsevier, vol. 72(C).
    32. Wang, Miao & Feng, Chao, 2018. "Using an extended logarithmic mean Divisia index approach to assess the roles of economic factors on industrial CO2 emissions of China," Energy Economics, Elsevier, vol. 76(C), pages 101-114.
    33. Max Freidin & Dmitry Burakov, 2018. "Economic Growth, Electricity Consumption and Internet Usage Nexus: Evidence from a Panel of Commonwealth of Independent States," International Journal of Energy Economics and Policy, Econjournals, vol. 8(5), pages 267-272.
    34. Zhou, Xiaoyong & Zhou, Dequn & Wang, Qunwei, 2018. "How does information and communication technology affect China's energy intensity? A three-tier structural decomposition analysis," Energy, Elsevier, vol. 151(C), pages 748-759.
    35. Luo, Shunjun & Chishti, Muhammad Zubair & Beata, Szetela & Xie, Peijun, 2024. "Digital sparks for a greener future: Unleashing the potential of information and communication technologies in green energy transition," Renewable Energy, Elsevier, vol. 221(C).
    36. Jiaping Zhang & Xiaomei Gong & Zhongkun Zhu & Zhenyu Zhang, 2023. "Trust cost of environmental risk to government: the impact of Internet use," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 25(6), pages 5363-5392, June.
    37. Dehghan Shabani, Zahra & Shahnazi, Rouhollah, 2019. "Energy consumption, carbon dioxide emissions, information and communications technology, and gross domestic product in Iranian economic sectors: A panel causality analysis," Energy, Elsevier, vol. 169(C), pages 1064-1078.
    38. Hao, Yu & Li, Ying & Guo, Yunxia & Chai, Jingxia & Yang, Chuxiao & Wu, Haitao, 2022. "Digitalization and electricity consumption: Does internet development contribute to the reduction in electricity intensity in China?," Energy Policy, Elsevier, vol. 164(C).
    39. Taneja, Shivani & Mandys, Filip, 2022. "The effect of disaggregated information and communication technologies on industrial energy demand," Renewable and Sustainable Energy Reviews, Elsevier, vol. 164(C).
    40. Hong, Junjie & Shi, Fangyuan & Zheng, Yuhan, 2023. "Does network infrastructure construction reduce energy intensity? Based on the “Broadband China” strategy," Technological Forecasting and Social Change, Elsevier, vol. 190(C).
    41. Xuegang Zhan & Rita Yi Man Li & Jing Xia, . "Inverted U-shape Impact of China's Manufacturing Digitization on Low-carbon Environmental Governance Performance," Politická ekonomie, Prague University of Economics and Business, vol. 0.
    42. Gao, Da & Li, Ge & Yu, Jiyu, 2022. "Does digitization improve green total factor energy efficiency? Evidence from Chinese 213 cities," Energy, Elsevier, vol. 247(C).
    43. Charlotte Fourcroy, 2014. "Innovation logics and energy consumption in the service sector: a characteristics-based approach and its application to food retail services," ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT, FrancoAngeli Editore, vol. 2014(3), pages 115-138.
    44. Zhou, Xiaoyong & Zhou, Dequn & Wang, Qunwei & Su, Bin, 2019. "How information and communication technology drives carbon emissions: A sector-level analysis for China," Energy Economics, Elsevier, vol. 81(C), pages 380-392.
    45. Kais Saidi & Hassen Toumi & Saida Zaidi, 2017. "Impact of Information Communication Technology and Economic Growth on the Electricity Consumption: Empirical Evidence from 67 Countries," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 8(3), pages 789-803, September.
    46. Shao, Shuai & Yang, Lili & Gan, Chunhui & Cao, Jianhua & Geng, Yong & Guan, Dabo, 2016. "Using an extended LMDI model to explore techno-economic drivers of energy-related industrial CO2 emission changes: A case study for Shanghai (China)," Renewable and Sustainable Energy Reviews, Elsevier, vol. 55(C), pages 516-536.
    47. Rexhaeuser, Sascha & Schulte, Patrick & Welsch, Heinz, 2013. "ICT and the demand for energy: Evidence from OECD countries," ZEW Discussion Papers 13-116, ZEW - Leibniz Centre for European Economic Research.

  30. Paul Beaudry & Fabrice Collard & David Green, 2005. "Demographics and recent productivity performance: insights from cross-country comparisons," Canadian Journal of Economics, Canadian Economics Association, vol. 38(2), pages 309-344, May.

    Cited by:

    1. Färnstrand Damsgaard, Erika & Krusell, Per, 2010. "The World Distribution of Productivity: Country TFP Choice in a Nelson-Phelps Economy," Working Paper Series 850, Research Institute of Industrial Economics.
    2. Andreea Claudia ȘERBAN & Mirela Ionela ACELEANU, 2015. "Current Demographic Trends – A New Challenge for the Labour Market," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(4(605), W), pages 309-320, Winter.
    3. Gordon, Robert J. & Dew-Becker, Ian, 2008. "The Role of Labour Market Changes in the Slowdown of European Productivity Growth," CEPR Discussion Papers 6722, C.E.P.R. Discussion Papers.
    4. Alessandro Sarra & Claudio Berardino & Davide Quaglione, 2019. "Deindustrialization and the technological intensity of manufacturing subsystems in the European Union," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 36(1), pages 205-243, April.
    5. Paul Beaudry, 2005. "Innis Lecture: Explorations in medium‐run macroeconomics," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 38(4), pages 1136-1159, November.
    6. Brito, Paulo & Dilão, Rui, 2010. "Equilibrium price dynamics in an overlapping-generations exchange economy," Journal of Mathematical Economics, Elsevier, vol. 46(3), pages 343-355, May.
    7. Paul Beaudry & David A. Green & Benjamin Sand, 2007. "Spill-Overs from Good Jobs," NBER Working Papers 13006, National Bureau of Economic Research, Inc.
    8. Albert van der Horst & Hugo Rojas-Romagosa & Leon Bettendorf, 2009. "Does employment affect productivity?," CPB Discussion Paper 119, CPB Netherlands Bureau for Economic Policy Analysis.
    9. Katerina Koka, 2015. "The Impact of the Population Age Structure on the Response to Negative Asset Shocks," Economics Bulletin, AccessEcon, vol. 35(4), pages 2270-2281.
    10. Siobhan Austen (Author A) & Richard Seymour (Author B), 2006. "The Evolution of the Female Labour Force Participation Rate in Australia, 1984-1999," Australian Journal of Labour Economics (AJLE), Bankwest Curtin Economics Centre (BCEC), Curtin Business School, vol. 9(3), pages 305-320, September.
    11. Jun Liu & Chun Hui & Cynthia Lee & Zhen Xiong Chen, 2013. "Why Do I Feel Valued and Why Do I Contribute? A Relational Approach to Employee's Organization-Based Self-Esteem and Job Performance," Journal of Management Studies, Wiley Blackwell, vol. 50(6), pages 1018-1040, September.
    12. Paul Beaudry & Fabrice Collard & David A. Green, 2005. "Explaining Productivity Growth: The Role of Demographics," International Productivity Monitor, Centre for the Study of Living Standards, vol. 10, pages 45-58, Spring.

  31. Paul Beaudry & Fabrice Collard & David A. Green, 2005. "Explaining Productivity Growth: The Role of Demographics," International Productivity Monitor, Centre for the Study of Living Standards, vol. 10, pages 45-58, Spring.

    Cited by:

    1. Andrea De Michelis & Marcello Estevão & Beth Anne Wilson, 2013. "Productivity or Employment: Is It a Choice?," International Productivity Monitor, Centre for the Study of Living Standards, vol. 25, pages 41-60, Spring.
    2. Rod Tyers & Ying Zhang, 2011. "Japan’s Economic Recovery: Insights from Multi-Region Dynamics," CAMA Working Papers 2011-18, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    3. Don Drummond & Evan Capeluck & Matthew Calver, 2015. "The Key Challenge for Canadian Public Policy: Generating Inclusive and Sustainable Economic Growth," CSLS Research Reports 2015-11, Centre for the Study of Living Standards.
    4. Senel, Gonca & Wright, Mark L.J., 2021. "With age comes immaturity: Do countries with older populations issue shorter maturity debt?," Economics Letters, Elsevier, vol. 209(C).

  32. Stéphane Auray & Patrick Fève & Fabrice Collard, 2004. "Habit Persistence and Money in the Utility Function," Economics Bulletin, AccessEcon, vol. 5(10), pages 1-9.

    Cited by:

    1. Shu-Hua Chen, 2012. "On the Growth and Stability Effects of Habit Formation and Durability in Consumption," Annals of Economics and Finance, Society for AEF, vol. 13(2), pages 283-298, November.

  33. Collard, Fabrice & Dellas, Harris, 2004. "Supply shocks and employment in an open economy," Economics Letters, Elsevier, vol. 82(2), pages 231-237, February.

    Cited by:

    1. Tervala, Juha, 2008. "Technology Shocks and Employment in Open Economies," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 1, pages 1-27.
    2. Tervala, Juha, 2007. "Technology Shocks and Employment in Open Economies," Economics Discussion Papers 2007-40, Kiel Institute for the World Economy (IfW Kiel).
    3. Magalhães, Matheus Albergaria de & Picchetti, Paulo, 2005. "Regress and Progress! An Econometric Characterization of the Short-Run Relationship between Productivity and Labor Input in Brazil," Brazilian Review of Econometrics, Sociedade Brasileira de Econometria - SBE, vol. 25(2), November.
    4. Patrick Fève, 2004. "Technology Shock and Employment under Catching up with the Joneses," Economics Bulletin, AccessEcon, vol. 5(3), pages 1-8.

  34. Fabrice Collard & Harris Dellas, 2003. "The great inflation of the 1970s," Proceedings, Board of Governors of the Federal Reserve System (U.S.).
    See citations under working paper version above.
  35. Carre, Martine & Collard, Fabrice, 2003. "Monetary union: A welfare based approach," European Economic Review, Elsevier, vol. 47(3), pages 521-552, June.
    See citations under working paper version above.
  36. Paul Beaudry & Fabrice Collard, 2003. "Recent Technological and Economic Change among Industrialized Countries: Insights from Population Growth," Scandinavian Journal of Economics, Wiley Blackwell, vol. 105(3), pages 441-464, September.
    See citations under working paper version above.
  37. Fabrice Collard & Patrick Feve & François Langot, 2002. "Structural Inference and the Lucas Critique," Annals of Economics and Statistics, GENES, issue 67-68, pages 183-206.
    See citations under working paper version above.
  38. Collard, Fabrice & Dellas, Harris, 2002. "Exchange rate systems and macroeconomic stability," Journal of Monetary Economics, Elsevier, vol. 49(3), pages 571-599, April.
    See citations under working paper version above.
  39. Auray, Stephane & Collard, Fabrice & Feve, Patrick, 2002. "Money and external habit persistence: A tale for chaos," Economics Letters, Elsevier, vol. 76(1), pages 121-127, June.

    Cited by:

    1. Been-Lon Chen & Yu-Shan Hsu & Kazuo Mino, 2013. "Can consumption habit spillovers be a source of equilibrium indeterminacy?," Journal of Economics, Springer, vol. 109(3), pages 245-269, July.
    2. Chen, Hung-Ju & Li, Ming-Chia, 2008. "Chaotic dynamics in a monetary economy with habit persistence," Journal of Economic Behavior & Organization, Elsevier, vol. 65(2), pages 245-260, February.
    3. Jakee, Keith & Sun, Guang-Zhen, 2005. "External habit formation and dependency in the welfare state," European Journal of Political Economy, Elsevier, vol. 21(1), pages 83-98, March.

  40. Patrick Fève & Fabrice Collard & Stéphane Auray, 2002. "Habit Persistence and Beliefs Based Liquidity Effect," Economics Bulletin, AccessEcon, vol. 5(2), pages 1-7.

    Cited by:

    1. Michael Gail, 2003. "Habit Persistence in Consumption in a Sticky Price Model of the Business Cycle," Volkswirtschaftliche Diskussionsbeiträge 111-03, Universität Siegen, Fakultät Wirtschaftswissenschaften, Wirtschaftsinformatik und Wirtschaftsrecht, revised Jul 2004.

  41. Fabrice Collard & Patrick Fève & François Langot & Corinne Perraudin, 2002. "A structural model of US aggregate job flows," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 17(3), pages 197-223.
    See citations under working paper version above.
  42. Bec Frédérique & Ben Salem Mélika & Collard Fabrice, 2002. "Asymmetries in Monetary Policy Reaction Function: Evidence for U.S. French and German Central Banks," Studies in Nonlinear Dynamics & Econometrics, De Gruyter, vol. 6(2), pages 1-22, July.

    Cited by:

    1. Ansgar Belke & Jens Klose, 2012. "Modifying Taylor Reaction Functions in Presence of the Zero-Lower-Bound – Evidence for the ECB and the Fed," ROME Working Papers 201203, ROME Network.
    2. Boldea, Otilia & Hall, Alastair R., 2013. "Estimation and inference in unstable nonlinear least squares models," Journal of Econometrics, Elsevier, vol. 172(1), pages 158-167.
    3. Pablo Gonzalez & Mauricio Tejada, 2006. "No linealidades en la regla de política monetaria del Banco Central de Chile: una evidencia empírica," Revista de Analisis Economico – Economic Analysis Review, Universidad Alberto Hurtado/School of Economics and Business, vol. 21(1), pages 81-115, July.
    4. Fabián Gredig, 2007. "Asymmetric Monetary Policy Rules and the Achievement of the Inflation Target: The Case of Chile," Working Papers Central Bank of Chile 451, Central Bank of Chile.
    5. Dimitris K. Christopoulos & Miguel A. León‐Ledesma, 2007. "A Long‐Run Non‐Linear Approach to the Fisher Effect," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 39(2‐3), pages 543-559, March.
    6. Paul Mizen & Tae-Hwan Kim & Alan Thanaset, 2007. "Evaluating the Taylor Principle Over the Distribution of the Interest Rate: Evidence from the US, UK and Japan," Money Macro and Finance (MMF) Research Group Conference 2006 51, Money Macro and Finance Research Group.
    7. Shawn Chen-Yu Leu & Jeffrey Sheen, 2005. "Asymmetric Monetary Policy in Australia," Working Papers 2005.02, School of Economics, La Trobe University.
    8. Roman Horvath, 2008. "Asymmetric Monetary Policy in the Czech Republic?," Occasional Publications - Chapters in Edited Volumes, in: Katerina Smidkova (ed.), Evaluation of the Fulfilment of the CNB's Inflation Targets 1998-2007, chapter 9, pages 117-130, Czech National Bank.
    9. Alvaro Aguiar & Manuel Martins, 2008. "Testing for asymmetries in the preferences of the euro-area monetary policymaker," Applied Economics, Taylor & Francis Journals, vol. 40(13), pages 1651-1667.
    10. Bui, Trung Thanh & Kiss, Gábor Dávid, 2020. "Asymmetry in the Reaction Function of Monetary Policy in Emerging Economies," Public Finance Quarterly, Corvinus University of Budapest, vol. 65(2), pages 210-224.
    11. Long, Shaobo & Zuo, Yulan & Tian, Hao, 2023. "Asymmetries in multi-target monetary policy rule and the role of uncertainty: Evidence from China," Economic Analysis and Policy, Elsevier, vol. 80(C), pages 278-296.
    12. Denise R. Osborn & Dong Heon Kim & Marianne Sensier, 2005. "Nonlinearity in the Fed's monetary policy rule," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 20(5), pages 621-639.
    13. Costas Milas & Ruthira Naraidoo, 2009. "Financial Market Conditions, Real Time, Nonlinearity and European Central Bank Monetary Policy: In-Sample and Out-of-Sample Assessment," Working Paper series 42_09, Rimini Centre for Economic Analysis.
    14. Jesús Vázquez, 2009. "Does the term spread play a role in the fed funds rate reaction function? An empirical investigation," Empirical Economics, Springer, vol. 36(1), pages 175-199, February.
    15. Kasai, Ndahiriwe & Naraidoo, Ruthira, 2011. "Evaluating the forecasting performance of linear and nonlinear monetary policy rules for South Africa," MPRA Paper 40699, University Library of Munich, Germany.
    16. Shen, Chung-Hua & Lin, Kun-Li & Guo, Na, 2016. "Hawk or dove: Switching regression model for the monetary policy reaction function in China," Pacific-Basin Finance Journal, Elsevier, vol. 36(C), pages 94-111.
    17. Klose, Jens, 2011. "Political Business Cycles and Monetary Policy Revisited – An Application of a Two-Dimensional Asymmetric Taylor Reaction Function," Ruhr Economic Papers 286, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
    18. Mandler, Martin, 2011. "Threshold effects in the monetary policy reaction function of the Deutsche Bundesbank," MPRA Paper 32430, University Library of Munich, Germany.
    19. Özer Karagedikli & Kirdan Lees, 2004. "Do inflation targeting central banks behave asymmetrically? Evidence from Australia and New Zealand," Reserve Bank of New Zealand Discussion Paper Series DP 2004/02, Reserve Bank of New Zealand.
    20. Million, N., 2008. "Test simultan de la non-stationnarit et de la non-lin arit : une application au taux d.int r t r el am ricain," Working papers 201, Banque de France.
    21. Paolo Surico, 2003. "How does the ECB target inflation?," Macroeconomics 0305005, University Library of Munich, Germany.
    22. Qin, Ting & Enders, Walter, 2008. "In-sample and out-of-sample properties of linear and nonlinear Taylor rules," Journal of Macroeconomics, Elsevier, vol. 30(1), pages 428-443, March.
    23. Borek Vasicek, 2010. "Is Monetary Policy in New Members States Asymmetric?," William Davidson Institute Working Papers Series wp1005, William Davidson Institute at the University of Michigan.
    24. Caglayan, Mustafa & Jehan, Zainab & Mouratidis, Kostas, 2012. "Asymmetric monetary policy rules for open economies: Evidence from four countries," MPRA Paper 37401, University Library of Munich, Germany.
    25. Andrew Phiri & Lutho Mbekeni, 2021. "Fisher’s hypothesis, survey-based expectations and asymmetric adjustments: Empirical evidence from South Africa," International Economics and Economic Policy, Springer, vol. 18(4), pages 825-846, October.
    26. Paolo Zagaglia, 2006. "How reliable are Taylor rules? A view from asymmetry in the U.S. Fed funds rate," Economics Bulletin, AccessEcon, vol. 5(14), pages 1-11.
    27. Dolado Juan & Pedrero Ramón María-Dolores & Ruge-Murcia Francisco J., 2004. "Nonlinear Monetary Policy Rules: Some New Evidence for the U.S," Studies in Nonlinear Dynamics & Econometrics, De Gruyter, vol. 8(3), pages 1-34, September.
    28. Maria José Salgado & Márcio Gomes Pinto Garcia & Marcelo C. Medeiros, 2001. "Monetary policy during Brazil´s Real Plan: estimating the Central Bank´s reaction function," Textos para discussão 444, Department of Economics PUC-Rio (Brazil).
    29. Gnabo, Jean-Yves & Moccero, Diego Nicolas, 2015. "Risk management, nonlinearity and aggressiveness in monetary policy: The case of the US Fed," Journal of Banking & Finance, Elsevier, vol. 55(C), pages 281-294.
    30. Edoardo Gaffeo & Ivan Petrella & Damjan Pfajfar & Emiliano Santoro, 2012. "Loss Aversion and the Asymmetric Transmission of Monetary Policy," Discussion Papers 12-21, University of Copenhagen. Department of Economics.
    31. Jesus Vazquez, 2004. "Does the Term Spread Play a Role in the Fed's Reaction Function? An Empirical Investigation," Computing in Economics and Finance 2004 52, Society for Computational Economics.
    32. Michael Arghyrou, 2009. "Monetary policy before and after the euro: evidence from Greece," Empirical Economics, Springer, vol. 36(3), pages 621-643, June.
    33. Doyle, Matthew & Falk, Barry L., 2006. "Do Asymmetric Central Bank Preferences Help Explain Observed Inflation Outcomes?," Staff General Research Papers Archive 12501, Iowa State University, Department of Economics.
    34. Omay, Tolga Omay & Hasanov, Mubariz, 2006. "Türkiye için reaksiyon fonksiyonunun doğrusal olmayan modelle tahmin edilmesi [A nonlinear estimation of monetary policy reaction function for Turkey]," MPRA Paper 20154, University Library of Munich, Germany.
    35. Esther Barros-Campello & Carlos Pateiro-Rodríguez & J. Venancio Salcines-Cristal & Carlos Pateiro-López, 2017. "El esquema de objetivos de inflación: Evidencia para América Latina (1999-2015)," Estudios de Economia, University of Chile, Department of Economics, vol. 44(2 Year 20), pages 223-250, December.
    36. Naraidoo, Ruthira & Paya, Ivan, 2012. "Forecasting monetary policy rules in South Africa," International Journal of Forecasting, Elsevier, vol. 28(2), pages 446-455.
    37. Hyeon-seung Huh & Hyun Lee & Namkyung Lee, 2009. "Nonlinear Phillips curve, NAIRU and monetary policy rules," Empirical Economics, Springer, vol. 37(1), pages 131-151, September.
    38. Ruthira Naraidoo & Kasai Ndahiriwe, 2010. "Financial asset prices, linear and nonlinear policy rules. An In-sample assessment of the reaction function of the South African Reserve Bank," Working Papers 201006, University of Pretoria, Department of Economics.
    39. de Mello Luiz & Moccero Diego & Mogliani Matteo, 2013. "Do Latin American Central Bankers Behave Non-Linearly? The Experiences of Brazil, Chile, Colombia and Mexico," Studies in Nonlinear Dynamics & Econometrics, De Gruyter, vol. 17(2), pages 141-165, April.
    40. Nicolas Million, 2010. "Test simultané de la non-stationnarité et de la non-linéarité : une application au taux d’intérêt réel américain," Économie et Prévision, Programme National Persée, vol. 192(1), pages 83-95.
    41. Abdul RASHID & Farah WAHEED, 2021. "Forward-Backward-Looking Monetary Policy Rules: Derivation and Empirics," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(1), pages 71-92, December.
    42. Jens Klose, 2018. "Are Eastern European Taylor Reaction Functions Asymmetric in Inflation or Output: Empirical Evidence for four Countries," MAGKS Papers on Economics 201808, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    43. utku altunöz, 2022. "Describing of central banks’ monetary policy in the context to linear and nonlinear taylor rule: the case of Turkey," Quality & Quantity: International Journal of Methodology, Springer, vol. 56(6), pages 4641-4662, December.
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    1. Alain Gabler, 2008. "Sector-specific Markup Fluctuations and the Business Cycle," 2008 Meeting Papers 88, Society for Economic Dynamics.
    2. Parra-Alvarez, Juan Carlos & Polattimur, Hamza & Posch, Olaf, 2021. "Risk matters: Breaking certainty equivalence in linear approximations," Journal of Economic Dynamics and Control, Elsevier, vol. 133(C).
    3. Yamin Ahmad & Ming Chien Lo & Olena Mykhaylova, 2011. "Volatility and Persistence of Simulated DSGE Real Exchange Rates," Working Papers 11-01, UW-Whitewater, Department of Economics, revised Nov 2012.
    4. Victor Dorofeenko & Gabriel S. Lee & Kevin D. Salyer, 2008. "Time‐Varying Uncertainty And The Credit Channel," Bulletin of Economic Research, Wiley Blackwell, vol. 60(4), pages 375-403, October.
    5. Ester Faia & Eleni Iliopulos, 2011. "Financial openness, financial frictions and optimal monetary policy," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-00628737, HAL.
    6. Debortoli, Davide & Maih, Junior & Nunes, Ricardo, 2014. "Loose Commitment In Medium-Scale Macroeconomic Models: Theory And Applications," Macroeconomic Dynamics, Cambridge University Press, vol. 18(1), pages 175-198, January.
    7. MAO TAKONGMO, Charles Olivier, 2019. "Keynesian Models, Detrending, and the Method of Moments," MPRA Paper 91709, University Library of Munich, Germany.
    8. Martin M. Andreasen & Giovanni Caggiano & Efrem Castelnuovo & Giovanni Pellegrino, 2021. "Why Does Risk Matter More in Recessions than in Expansions?," Economics Working Papers 2021-12, Department of Economics and Business Economics, Aarhus University.
    9. Julio J. Rotemberg, 2008. "Cyclical Wages in a Search-and-Bargaining Model with Large Firms," NBER Chapters, in: NBER International Seminar on Macroeconomics 2006, pages 65-114, National Bureau of Economic Research, Inc.
    10. Collard, Fabrice & Juillard, Michel, 1999. "Accuracy of stochastic perturbuation methods: the case of asset pricing models," CEPREMAP Working Papers (Couverture Orange) 9922, CEPREMAP.
    11. Laxton, Douglas & Pesenti, Paolo & Juillard, Michel & Karam, Philippe, 2006. "Welfare-based monetary policy rules in an estimated DSGE model of the US economy," Working Paper Series 613, European Central Bank.
    12. Lilia Maliar & Serguei Maliar & Sébastien Villemot, 2012. "Taking Perturbation to the Accuracy Frontier: A Hybrid of Local and Global Solutions," PSE-Ecole d'économie de Paris (Postprint) hal-00813057, HAL.
    13. Ahmad, Yamin & Lo, Ming Chien & Mykhaylova, Olena, 2013. "Causes of nonlinearities in low-order models of the real exchange rate," Journal of International Economics, Elsevier, vol. 91(1), pages 128-141.
    14. Javier J. Pérez, 2001. "A Log-linear Homotopy Approach to Initialize the Parameterized Expectations Algorithm," Economic Working Papers at Centro de Estudios Andaluces E2001/02, Centro de Estudios Andaluces.
    15. Beeby, Mike & Hall, Stephan George & Henry, Brian S., 2001. "Rational expectations and near rational alternatives: How best to form expectations," Working Paper Series 86, European Central Bank.
    16. Juan Carlos Parra-Alvarez & Hamza Polattimur & Olaf Posch, 2020. "Risk Matters: Breaking Certainty Equivalence," CESifo Working Paper Series 8250, CESifo.
    17. Faia, Ester & Iliopulos, Esti, 2010. "Financial globalization, financial frictions and optimal monetary policy," Kiel Working Papers 1639, Kiel Institute for the World Economy (IfW Kiel).
    18. Benchimol, Jonathan & Bozou, Caroline, 2024. "Desirable banking competition and stability," Journal of Financial Stability, Elsevier, vol. 73(C).
    19. Valdivia, Daney, 2015. "Handbook on DSGE models: some useful tips in modeling a DSGE models," MPRA Paper 61347, University Library of Munich, Germany.
    20. Jonathan Swarbrick, 2021. "Occasionally Binding Constraints in Large Models: A Review of Solution Methods," Discussion Papers 2021-5, Bank of Canada.
    21. Andreasen, Martin M. & Caggiano, Giovanni & Castelnuovo, Efrem & Pellegrino, Giovanni, 2024. "Does risk matter more in recessions than in expansions? Implications for monetary policy," Journal of Monetary Economics, Elsevier, vol. 143(C).
    22. Yamin Ahmad & Olena Mykhaylova, 2015. "Exploring International Differences in Inflation Dynamics," Working Papers 15-01, UW-Whitewater, Department of Economics, revised Mar 2017.
    23. Lan, Hong & Meyer-Gohde, Alexander, 2011. "Solving DSGE models with a nonlinear moving average," SFB 649 Discussion Papers 2011-087, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk.
    24. Beetsma, Roel & Schabert, Andreas & Ribeiro, Marcos Poplawski, 2008. "A Comparison of Debt and Primary-deficit Constraints," CEPR Discussion Papers 6897, C.E.P.R. Discussion Papers.
    25. Paul Pichler, 2007. "Forecasting with estimated dynamic stochastic general equilibrium models: The role of nonlinearities," Vienna Economics Papers vie0702, University of Vienna, Department of Economics.
    26. Kranz Tobias, 2017. "Calibrating the Equilibrium Condition of a New Keynesian Model with Uncertainty," Review of Economics, De Gruyter, vol. 68(2), pages 117-151, August.
    27. Valdivia, Daney & Pérez, Danyira, 2013. "Dinámica económica y coordinación de políticas fiscal – monetaria en América Latina: Evaluación a través de una DSGE [Dynamic economic and coordination on fiscal – monetary policies in Latin Améric," MPRA Paper 51562, University Library of Munich, Germany.
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    30. Charles Olivier Mao Takongmo, 2017. "Government-spending multipliers and the zero lower bound in an open economy," Review of International Economics, Wiley Blackwell, vol. 25(5), pages 1046-1077, November.
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    33. Villemot, Sébastien, 2011. "Solving rational expectations models at first order: what Dynare does," Dynare Working Papers 2, CEPREMAP.
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    35. Oscar Jorda, 2003. "Model-Free Impulse Responses," Working Papers 305, University of California, Davis, Department of Economics.

  45. Fabrice Collard & David de la Croix, 2000. "Gift Exchange and the Business Cycle: The Fair Wage Strikes Back," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 3(1), pages 166-193, January.

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    1. Jean-Michel Grandmont, 2016. "Endogenous Procyclicality of Labor Productivity, Employment, Real Wages and Effort in Conditionally Heteroskedastic Sunspots Unemployment Business Cycles with Negishi-Solow Efficiency Wages," Discussion Paper Series DP2016-14, Research Institute for Economics & Business Administration, Kobe University.
    2. Avouyi-Dovi, S. & Matheron, J. & Fève, P., 2007. "Les modèles DSGE – leur intérêt pour les banques centrales," Bulletin de la Banque de France, Banque de France, issue 161, pages 41-54.
    3. Clark, Andrew E. & Masclet, David & Villeval, Marie Claire, 2006. "Effort and Comparison Income: Experimental and Survey Evidence," IZA Discussion Papers 2169, Institute of Labor Economics (IZA).
    4. David, DE LA CROIX & Gregory, DE WALQUE & Rafael, WOUTERS, 2006. "Dynamics and monetary policy in a fair wage model of the business cycle," Discussion Papers (ECON - Département des Sciences Economiques) 2006061, Université catholique de Louvain, Département des Sciences Economiques.
    5. Karina Gose & Abdolkarim Sadrieh, 2013. "Strike, coordination, and dismissal in uniform wage settings," FEMM Working Papers 130008, Otto-von-Guericke University Magdeburg, Faculty of Economics and Management.
    6. Xavier Raurich & Hector Sala Lorda & Valeri Sorolla, 2004. "Unemployment, growth and fiscal policy: new insights on the hysteresis hypothesis," Working Papers wpdea0404, Department of Applied Economics at Universitat Autonoma of Barcelona.
    7. Miura, Shogo, 2023. "Optimal inflation rate and fair wage," The Quarterly Review of Economics and Finance, Elsevier, vol. 88(C), pages 158-167.
    8. Jean-Michel Grandmont, "undated". "Countercyclical Endogenous Uncertainty Shocks, Efficiency Wages and Procyclical Precautionary Labor Productivity," Working Papers 2017:25, Department of Economics, University of Venice "Ca' Foscari".
    9. Mr. Edward F Buffie & Mr. Christopher S Adam & Luis-Felipe Zanna & Mr. Kangni R Kpodar, 2022. "Loss-of-Learning and the Post-Covid Recovery in Low-Income Countries," IMF Working Papers 2022/025, International Monetary Fund.
    10. Jean‐François Fagnart & Marc Germain & Bruno Van der Linden, 2023. "Working time reduction and employment in a finite world," Scandinavian Journal of Economics, Wiley Blackwell, vol. 125(1), pages 170-207, January.
    11. François Langot & Arnaud Chéron, 2008. "Équilibre général stochastique et dynamique non-walrasienne du marché du travail," Économie et Prévision, Programme National Persée, vol. 183(2), pages 93-113.
    12. Jean-Pierre Danthine & André Kurmann, 2003. "Fair Wages in a New Keynesian Model of the Business Cycle," Cahiers de recherche 0320, CIRPEE.
    13. Cheron, A., 2002. "Labor-market search and real business cycles: Nash bargaining vs. fair wage," Economics Letters, Elsevier, vol. 77(2), pages 279-285, October.
    14. Danthine, Jean-Pierre & Kurmann, André, 2010. "The business cycle implications of reciprocity in labor relations," Journal of Monetary Economics, Elsevier, vol. 57(7), pages 837-850, October.
    15. Julio J. Rotemberg, 2007. "Minimally altruistic wages and unemployment in a matching model," Working Papers 07-5, Federal Reserve Bank of Boston.
    16. Greiner, Alfred, 2012. "Transition dynamics in an AK growth model under wage rigidity," Mathematical Social Sciences, Elsevier, vol. 63(1), pages 50-56.
    17. Jean-Pierre DANTHINE & John B. DONALDSON, 1999. "Macroeconomic Frictions: What have we Learned from the Real Business Cycle Research Programm ?," Cahiers de Recherches Economiques du Département d'économie 9919, Université de Lausanne, Faculté des HEC, Département d’économie.
    18. Danthine, Jean-Pierre, 1998. "À la poursuite du Graal : le successeur d’IS-LM est-il identifié?," L'Actualité Economique, Société Canadienne de Science Economique, vol. 74(4), pages 607-620, décembre.
    19. Jean-Michel Grandmont, 2016. "Endogenous Procyclicality of Labor Productivity, Employment, Real Wages and Effort in Conditionally Heteroskedastic Sunspots Unemployment Business Cycles with Negishi-Solow Efficiency Wages," Working Papers 2016-06, Center for Research in Economics and Statistics.
    20. Andrea Vaona, 2013. "The Most Beautiful Variations on Fair Wages and the Phillips Curve," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 45(6), pages 1069-1084, September.
    21. Jean-Pierre Danthine & André Kurmann, 2005. "The Macroeconomic Consequences of Reciprocity in Labor Relations," Cahiers de Recherches Economiques du Département d'économie 05.08, Université de Lausanne, Faculté des HEC, Département d’économie.
    22. Matthieu Chemin & Joost DeLaat & André Kurmann, 2011. "Reciprocity in Labor Relations: Evidence from a Field Experiment with Long-Term Relationships," Cahiers de recherche 1127, CIRPEE.
    23. Xavier Raurich & Valeri Sorolla, 2012. "Growth, Unemployment and Wage Inertia," DEGIT Conference Papers c017_029, DEGIT, Dynamics, Economic Growth, and International Trade.
    24. Danthine, Jean-Pierre & Kurmann, Andre, 2004. "Efficiency Wages Revisited: The Internal Reference Perspective," CEPR Discussion Papers 4503, C.E.P.R. Discussion Papers.
    25. Xavier Raurich & Valeri Sorolla, "undated". "Unemployment and Wage Formation in a Growth Model with Public Capital," UFAE and IAE Working Papers 508.02, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
    26. Vaona, Andrea, 2011. "Four variations on fair wages and the Phillips curve," Kiel Working Papers 1713, Kiel Institute for the World Economy (IfW Kiel).
    27. Hector Sala, 2009. "Institutions, capital stock and wage setting in Spain," Applied Economics, Taylor & Francis Journals, vol. 41(6), pages 779-789.
    28. Goerke, Laszlo, 2020. "An Efficiency-Wage Model with Habit Concerns about Wages," IZA Discussion Papers 13454, Institute of Labor Economics (IZA).
    29. Christian Calmès, 2005. "Self-Enforcing Labour Contracts and the Dynamics Puzzle," Staff Working Papers 05-1, Bank of Canada.
    30. Wesselbaum, Dennis, 2010. "Reciprocity and matching frictions," Kiel Working Papers 1616, Kiel Institute for the World Economy (IfW Kiel).
    31. Fabien Tripier, 2005. "Sticky prices, fair wages, and the co-movements of unemployment and labor productivity growth," Macroeconomics 0510015, University Library of Munich, Germany.
    32. M. Alper Çenesiz & Christian Pierdzioch, 2010. "Capital mobility and labor market volatility," International Economics and Economic Policy, Springer, vol. 7(4), pages 391-409, December.
    33. Laszlo Goerke, 2021. "Habit formation and wage determination," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 42(1), pages 61-76, January.
    34. Rotemberg, Julio J., 2008. "Minimally altruistic wages and unemployment in a matching model with monopsony," Journal of Monetary Economics, Elsevier, vol. 55(Supplemen), pages 97-110, October.
    35. Aleksandar Vasilev, 2019. "Are "Fair" Wages Quantitatively Important for Business Cycle Fluctuations in Bulgaria?," Bulgarian Economic Papers bep-2019-03, Faculty of Economics and Business Administration, Sofia University St Kliment Ohridski - Bulgaria // Center for Economic Theories and Policies at Sofia University St Kliment Ohridski, revised Feb 2019.
    36. Murota, Ryu-ichiro, 2019. "Negative interest rate policy in a permanent liquidity trap," MPRA Paper 93498, University Library of Munich, Germany.
    37. Fabien Tripier, 2009. "Croissance et chômage à long terme," Economie & Prévision, La Documentation Française, vol. 0(3), pages 57-74.
    38. Xavier Raurich (Universitat de Barcelona) & Valeri Sorolla (Universitat Autonoma de Barcelona), 2012. "Growth Models with Exogenous Saving Rates, Unemployment and Wage Inertia," Working Papers in Economics 287, Universitat de Barcelona. Espai de Recerca en Economia.
    39. Andre Kurmann & Julien Champagne, 2010. "The Great Increase in Relative Volatility of Real Wages in the United States," 2010 Meeting Papers 674, Society for Economic Dynamics.
    40. Arnaud Cheron & Francois Langot, 2004. "Labor Market Search and Real Business Cycles: Reconciling Nash Bargaining with the Real Wage Dynamics," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 7(2), pages 476-493, April.
    41. Mr. Christopher S Adam & Mr. Edward F Buffie, 2020. "The Minimum Wage Puzzle in Less Developed Countries: Reconciling Theory and Evidence," IMF Working Papers 2020/023, International Monetary Fund.
    42. Robert Jump, 2014. "A Fair Wage Explanation of Labour Market Volatility," Studies in Economics 1413, School of Economics, University of Kent.
    43. de la Croix, David, 2000. "Standard-of-Living Aspirations and Economic Cycles," LIDAM Discussion Papers IRES 2000008, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    44. de la Croix, David & de Walque, Gregory & Wouters, Rafael, 2009. "A Note On Inflation Persistence In A Fair Wage Model Of The Business Cycle," Macroeconomic Dynamics, Cambridge University Press, vol. 13(5), pages 673-684, November.
    45. Rafael Muñoz, "undated". "Skilled and unskilled employment in a Spanish business cycle model," Studies on the Spanish Economy 20, FEDEA.
    46. Jean-Pierre DANTHINE & André KURMANN, 2004. "Efficiency Wages Revisited: The Internal Reference Perspective (new version)," Cahiers de Recherches Economiques du Département d'économie 04.09, Université de Lausanne, Faculté des HEC, Département d’économie, revised Jun 2005.
    47. Matsue, Toyoki, 2022. "Role of worker flows in the relationship between job offers and employment," MPRA Paper 115316, University Library of Munich, Germany.
    48. Mr. Edward F Buffie & Michele Andreolli & Ms. Grace B Li & Luis-Felipe Zanna, 2016. "Macroeconomic Dimensions of Public-Private Partnerships," IMF Working Papers 2016/078, International Monetary Fund.
    49. Yakita, Akira, 2014. "Involuntary unemployment and sustainability of bond-financed fiscal deficit," Journal of Macroeconomics, Elsevier, vol. 41(C), pages 79-93.
    50. Alfred Greiner & Peter Flaschel, 2010. "Public Debt And Public Investment In An Endogenous Growth Model With Real Wage Rigidities," Scottish Journal of Political Economy, Scottish Economic Society, vol. 57(1), pages 68-84, February.
    51. Daniel J. Benjamin, 2015. "A Theory of Fairness in Labour Markets," The Japanese Economic Review, Japanese Economic Association, vol. 66(2), pages 182-225, June.
    52. Xavier Raurich & Valeri Sorolla, 2015. "A General Framework for Growth Models with Non-Competitive Labor and Product Markets and Disequilibrium Unemployment," Working Papers 369, Barcelona School of Economics.
    53. Campbell III, Carl M., 2006. "A model of the determinants of effort," Economic Modelling, Elsevier, vol. 23(2), pages 215-237, March.
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  46. Fabrice Collard & Patrick Feve & Corinne Perraudin, 2000. "Solving and Estimating Dynamic Models under Rational Expectations," Computational Economics, Springer;Society for Computational Economics, vol. 15(3), pages 201-221, June.

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    1. Michel Juillard & Tarik Ocaktan, 2008. "Méthodes de simulation des modèles stochastiques d'équilibre général," Post-Print hal-00813425, HAL.

  47. Collard, Fabrice, 1998. "Spectral and persistence properties of cyclical growth," Journal of Economic Dynamics and Control, Elsevier, vol. 23(3), pages 463-488, November.

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    Cited by:

    1. Muriel Dal-Pont Legrand & Harald Hagemann, 2015. "Can Recessions be 'Productive'? Schumpeter and the Moderns," GREDEG Working Papers 2015-23, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.

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