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Mario John Crucini

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. Mario J. Crucini & Mototsugu Shintani, 2010. "Measuring business cycles by saving for a rainy day," Globalization Institute Working Papers 50, Federal Reserve Bank of Dallas.

    Mentioned in:

    1. Measuring business cycles by saving for a rainy day
      by Christian Zimmermann in NEP-DGE blog on 2010-07-28 19:07:39
  2. Mario J. Crucini & Hakan Yilmazkuday, 2013. "Understanding Long-run Price Dispersion," NBER Working Papers 18811, National Bureau of Economic Research, Inc.

    Mentioned in:

    1. Understanding Long-run Price Dispersion
      by Hakan Yilmazkuday in Hakan Yilmazkuday's Blog on 2016-12-21 04:56:00

RePEc Biblio mentions

As found on the RePEc Biblio, the curated bibliography of Economics:
  1. Mario J. Crucini & Oscar O'Flaherty, 2020. "Stay-at-Home Orders in a Fiscal Union," NBER Working Papers 28182, National Bureau of Economic Research, Inc.

    Mentioned in:

    1. > Economics of Welfare > Health Economics > Economics of Pandemics > Specific pandemics > Covid-19 > Health > Distancing and Lockdown > Optimal policy
  2. Baxter, Marianne & Crucini, Mario J, 1993. "Explaining Saving-Investment Correlations," American Economic Review, American Economic Association, vol. 83(3), pages 416-436, June.

    Mentioned in:

    1. > Macroeconomics > Economic Fluctuations > Real Business Cycle Theory > International RBC
    2. > Macroeconomics > Economic Fluctuations > Real Business Cycle Theory > International RBC

Wikipedia or ReplicationWiki mentions

(Only mentions on Wikipedia that link back to a page on a RePEc service)
  1. Mario J. Crucini & Chris I. Telmer & Marios Zachariadis, 2005. "Understanding European Real Exchange Rates," American Economic Review, American Economic Association, vol. 95(3), pages 724-738, June.

    Mentioned in:

    1. Understanding European Real Exchange Rates (AER 2005) in ReplicationWiki ()

Working papers

  1. Mario Crucini & Christopher Telmer, 2020. "Online Appendix to "Microeconomic Sources of Real Exchange Rate Variation"," Online Appendices 18-208, Review of Economic Dynamics.

    Cited by:

    1. Marina Glushenkova & Marios Zachariadis, 2020. "How different are Monetary Unions to national economies according to prices?," University of Cyprus Working Papers in Economics 01-2020, University of Cyprus Department of Economics.
    2. Hai Long Vo & Duc Hong Vo, 2023. "The purchasing power parity and exchange‐rate economics half a century on," Journal of Economic Surveys, Wiley Blackwell, vol. 37(2), pages 446-479, April.
    3. Davis, J. Scott & Zlate, Andrei, 2023. "The global financial cycle and capital flows during the COVID-19 pandemic," European Economic Review, Elsevier, vol. 156(C).
    4. Stewart, Chris, 2023. "Re-evaluating whether absolute or relative purchasing power parity is being tested when using price indices," Economics Discussion Papers 2023-1, School of Economics, Kingston University London.

  2. Mario J. Crucini & Mototsugu Shintani & Takayuki Tsuruga, 2020. "A Behavioral Explanation for the Puzzling Persistence of the Aggregate Real Exchange Rate," NBER Working Papers 27420, National Bureau of Economic Research, Inc.

    Cited by:

    1. Seunghoon Na & Yinxi Xie, 2023. "A Behavioral New Keynesian Model of a Small Open Economy Under Limited Foresight," Staff Working Papers 23-44, Bank of Canada.
    2. Marco Airaudo & Ina Hajdini, 2021. "Consistent Expectations Equilibria In Markov Regime Switching Models And Inflation Dynamics," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 62(4), pages 1401-1430, November.

  3. Mario J. Crucini & Oscar O'Flaherty, 2020. "Stay-at-Home Orders in a Fiscal Union," NBER Working Papers 28182, National Bureau of Economic Research, Inc.

    Cited by:

    1. Rebucci, Alessandro & Elenev, Vadim & , & Simeonova, Emilia, 2021. "Direct and Spillover Effects from Staggered Adoption of Health Policies: Evidence from Covid-19 Stay-at-Home Orders," CEPR Discussion Papers 16649, C.E.P.R. Discussion Papers.
    2. Krause, Willi & Costa, Luís & Costa Filho, João Ricardo, 2023. "The Covid-19 Recession in Germany: A Macropidemiological Analysis," Working Papers REM 2023/0290, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa.
    3. Eichenbaum, Martin S. & Rebelo, Sergio & Trabandt, Mathias, 2022. "The macroeconomics of testing and quarantining," Journal of Economic Dynamics and Control, Elsevier, vol. 138(C).
    4. Barrot, Jean-Noël & Bonelli, Maxime & Grassi, Basile & Sauvagnat, Julien, 2024. "Causal effects of closing businesses in a pandemic," Journal of Financial Economics, Elsevier, vol. 154(C).
    5. Rebelo, Sérgio & Eichenbaum, Martin & Trabandt, Mathias, 2021. "Inequality in Life and Death," CEPR Discussion Papers 16366, C.E.P.R. Discussion Papers.
    6. Jacek Rothert, 2021. "Optimal federal transfers during uncoordinated response to a pandemic," GRAPE Working Papers 58, GRAPE Group for Research in Applied Economics.
    7. Kyriakos C. Neanidis & Maria Paola Rana, 2021. "Crime in the Era of COVID-19: Evidence from England," Economics Discussion Paper Series 2103, Economics, The University of Manchester.
    8. Bisin, Alberto & Moro, Andrea, 2022. "JUE insight: Learning epidemiology by doing: The empirical implications of a Spatial-SIR model with behavioral responses," Journal of Urban Economics, Elsevier, vol. 127(C).

  4. Dong Cheng & Mario J. Crucini & Hyunseung Oh & Hakan Yilmazkuday, 2019. "Early 20th Century American Exceptionalism: Production, Trade and Diffusion of the Automobile," NBER Working Papers 26121, National Bureau of Economic Research, Inc.

    Cited by:

    1. Dong Cheng & Alyssa Trebino, 2021. "Early twentieth century American exceptionalism on wheels: the role of rapid automobile adoption in economic development," Letters in Spatial and Resource Sciences, Springer, vol. 14(2), pages 211-221, August.

  5. Kan Chen & Mario Crucini, 2016. "Trends & Cycles in Small Open Economies:Making the Case for a General Equilibrium Approach," Working Papers 16/12, BBVA Bank, Economic Research Department.

    Cited by:

    1. Amanda M. Michaud & Jacek Rothert, 2017. "Redistributive Fiscal Policies and Business Cycles in Emerging Economies," Working Papers (Old Series) 1709, Federal Reserve Bank of Cleveland.
    2. Hansen, James & Gross, Isaac, 2018. "Commodity price volatility with endogenous natural resources," European Economic Review, Elsevier, vol. 101(C), pages 157-180.
    3. Candelon, Bertrand & Carare, Alina & Hasse, Jean-Baptiste & Lu, Jing, 2020. "The post-crises output growth effects in a globalized economy," International Economics, Elsevier, vol. 161(C), pages 139-158.
    4. Alicia Garcia-Herrero & Eric Girardin & Hermann Gonzalez, 2017. "Analyzing the Impact of Monetary Policy on Financial Markets in Chile," Revista de Analisis Economico – Economic Analysis Review, Universidad Alberto Hurtado/School of Economics and Business, vol. 32(1), pages 3-21, April.
    5. 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.
    6. Sámano Daniel, 2022. "Foreign Currency Working Capital Constraints for Imported Inputs and Compositional Effects in Intermediate Goods," Working Papers 2022-20, Banco de México.
    7. Matthias Burgert & Werner Roeger & Janos Varga & Jan in 't Veld & Lukas Vogel, 2020. "A Global Economy Version of QUEST: Simulation Properties," European Economy - Discussion Papers 126, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    8. Carlos A. Yépez, 2020. "International risk sharing in emerging economies," International Finance, Wiley Blackwell, vol. 23(3), pages 434-459, December.

  6. Mario J. Crucini & Gregor W. Smith, 2014. "Geographic Barriers to Commodity Price Integration: Evidence from US Cities and Swedish Towns, 1732-1860," NBER Working Papers 20247, National Bureau of Economic Research, Inc.

    Cited by:

    1. Mario J. Crucini & Gregor W. Smith, 2016. "Distance and Time Effects in Swedish Commodity Prices, 1732–1914," NBER Working Papers 22175, National Bureau of Economic Research, Inc.
    2. Boffa,Mauro & Varela,Gonzalo J., 2019. "Integration and Price Transmission in Key Food Commodity Markets in India," Policy Research Working Paper Series 8755, The World Bank.

  7. Mario Crucini & Anthony Landry & Craig Benedict, 2014. "On what states do prices depend? Answers from Ecuador," 2014 Meeting Papers 722, Society for Economic Dynamics.

    Cited by:

    1. Hansen, James & Gross, Isaac, 2018. "Commodity price volatility with endogenous natural resources," European Economic Review, Elsevier, vol. 101(C), pages 157-180.

  8. Kan Chen & Mario J. Crucini, 2014. "Trends and Cycles in Small Open Economies: Making The Case For A General Equilibrium Approach," CAMA Working Papers 2014-76, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.

    Cited by:

    1. Li, Wei & Luo, Yulei & Nie, Jun, 2017. "Elastic attention, risk sharing, and international comovements," Journal of Economic Dynamics and Control, Elsevier, vol. 79(C), pages 1-20.
    2. Amanda M. Michaud & Jacek Rothert, 2017. "Redistributive Fiscal Policies and Business Cycles in Emerging Economies," Working Papers (Old Series) 1709, Federal Reserve Bank of Cleveland.
    3. Hansen, James & Gross, Isaac, 2018. "Commodity price volatility with endogenous natural resources," European Economic Review, Elsevier, vol. 101(C), pages 157-180.
    4. Candelon, Bertrand & Carare, Alina & Hasse, Jean-Baptiste & Lu, Jing, 2020. "The post-crises output growth effects in a globalized economy," International Economics, Elsevier, vol. 161(C), pages 139-158.
    5. Alicia Garcia-Herrero & Eric Girardin & Hermann Gonzalez, 2017. "Analyzing the Impact of Monetary Policy on Financial Markets in Chile," Revista de Analisis Economico – Economic Analysis Review, Universidad Alberto Hurtado/School of Economics and Business, vol. 32(1), pages 3-21, April.
    6. 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.
    7. Sámano Daniel, 2022. "Foreign Currency Working Capital Constraints for Imported Inputs and Compositional Effects in Intermediate Goods," Working Papers 2022-20, Banco de México.
    8. Felix Gerding & Espen Henriksen & Ina Simonovska, 2014. "The Risky Capital of Emerging Markets," NBER Working Papers 20769, National Bureau of Economic Research, Inc.
    9. Matthias Burgert & Werner Roeger & Janos Varga & Jan in 't Veld & Lukas Vogel, 2020. "A Global Economy Version of QUEST: Simulation Properties," European Economy - Discussion Papers 126, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    10. Carlos A. Yépez, 2020. "International risk sharing in emerging economies," International Finance, Wiley Blackwell, vol. 23(3), pages 434-459, December.

  9. Mario J. Crucini & J. Scott Davis, 2013. "Distribution Capital and the Short- and Long-Run Import Demand Elasticity," NBER Working Papers 18753, National Bureau of Economic Research, Inc.

    Cited by:

    1. Yilmazkuday, Hakan, 2019. "Estimating the trade elasticity over time," Economics Letters, Elsevier, vol. 183(C), pages 1-1.
    2. James E. Anderson & Yoto V. Yotov, 2020. "Pound for Pound Export Diversification," Boston College Working Papers in Economics 1021, Boston College Department of Economics.
    3. James E. Anderson & Yoto V. Yotov, 2017. "Short Run Gravity," CESifo Working Paper Series 6502, CESifo.
    4. Corsetti, Giancarlo & Mavroeidi, Eleonora & Thwaites, Gregory & Wolf, Martin, 2017. "Step away from the zero lower bound: small open economies in a world of secular stagnation," Bank of England working papers 666, Bank of England.
    5. Yilmazkuday, Hakan, 2019. "Understanding the international elasticity puzzle," Journal of Macroeconomics, Elsevier, vol. 59(C), pages 140-153.
    6. Nikhil Patel, 2016. "International Trade Finance and the Cost Channel of Monetary Policy in Open Economies," BIS Working Papers 539, Bank for International Settlements.
    7. Raphael A. Auer & Thomas Chaney & Philip U. Sauré, 2012. "Quality Pricing-to-Market," Working Papers 2012-11, Swiss National Bank.
    8. Khan,Shafaat Yar & Khederlarian,Armen, 2021. "How Does Trade Respond to Anticipated Tariff Changes ? Evidence from NAFTA," Policy Research Working Paper Series 9646, The World Bank.
    9. Hakan Yilmazkuday, 2017. "Unifying Macro Elasticities in International Economics," Globalization Institute Working Papers 299, Federal Reserve Bank of Dallas.
    10. Nikhil Patel, 2021. "International Trade Finance and the Cost Channel of Monetary Policy in Open Economies," International Journal of Central Banking, International Journal of Central Banking, vol. 17(70), pages 1-62, October.
    11. Mile Bošnjak & Vlatka Bilas & Domagoj Raèiæ, 2019. "Time-varying parameters of Croatian import demand," Zbornik radova Ekonomskog fakulteta u Rijeci/Proceedings of Rijeka Faculty of Economics, University of Rijeka, Faculty of Economics and Business, vol. 37(2), pages 853-872.
    12. Crucini, Mario J. & Yilmazkuday, Hakan, 2014. "Understanding long-run price dispersion," Journal of Monetary Economics, Elsevier, vol. 66(C), pages 226-240.
    13. Corsetti, Giancarlo, 2016. "Comments on “Obstfeld and Rogoff׳s international macro puzzles: a quantitative assessment” by J. Eaton, S. Kortum and B. Neiman," Journal of Economic Dynamics and Control, Elsevier, vol. 72(C), pages 24-28.
    14. James E. Anderson & Yoto V. Yotov, 2022. "Estimating Gravity from the Short to the Long Run: A Simple Solution to the ‘International Elasticity Puzzle’," CESifo Working Paper Series 10176, CESifo.
    15. Mark A. Wynne, 2012. "Five Years of Research on Globalization and Monetary Policy: What Have We Learned?," Annual Report, Globalization and Monetary Policy Institute, Federal Reserve Bank of Dallas, pages 2-17.
    16. Yoto V. Yotov, 2021. "The Variation of Gravity within Countries (or 15 Reasons Why Gravity Should Be Estimated with Domestic Trade Flows)," CESifo Working Paper Series 9057, CESifo.
    17. Baumann, Ursel & Dieppe, Alistair & Dizioli, Allan Gloe, 2017. "Why should the world care? Analysis, mechanisms and spillovers of the destination based border adjusted tax," Working Paper Series 2093, European Central Bank.
    18. Chaban, Maxym, 2024. "Exchange rate dynamics and consumption of traded goods," Journal of Macroeconomics, Elsevier, vol. 80(C).
    19. Dudley Cooke, 2019. "Technology Choice and the Long- and Short-Run Armington Elasticity," Globalization Institute Working Papers 373, Federal Reserve Bank of Dallas.
    20. James E. Anderson & Yoto V. Yotov, 2022. "Quantifying the Extensive Margin(s) of Trade: The Case of Uneven European Integration," CESifo Working Paper Series 9822, CESifo.
    21. Michael Bleaney & Mo Tian, 2014. "Exchange Rates and Trade Balance Adjustment: A Multi-Country Empirical Analysis," Open Economies Review, Springer, vol. 25(4), pages 655-675, September.

  10. Mario J. Crucini & Hakan Yilmazkuday, 2013. "Understanding Long-run Price Dispersion," NBER Working Papers 18811, National Bureau of Economic Research, Inc.

    Cited by:

    1. Nakamura,Shohei & Harati,Rawaa & Lall,Somik V. & Dikhanov,Yuri M. & Hamadeh,Nada & Vigil Oliver,William & Rissanen,Marko Olavi & Yamanaka,Mizuki, 2016. "Is living in African cities expensive ?," Policy Research Working Paper Series 7641, The World Bank.
    2. Simonovska, Ina & Waugh, Michael E., 2014. "The elasticity of trade: Estimates and evidence," Journal of International Economics, Elsevier, vol. 92(1), pages 34-50.
    3. Demet Yilmazkuday & Hakan Yilmazkuday, 2014. "The role of direct flights in trade costs," Globalization Institute Working Papers 179, Federal Reserve Bank of Dallas.
    4. Michael A. Anderson & Kurt C. Schaefer & Stephen L. S. Smith, 2013. "Can Price Dispersion Reveal Distance-Related Trade Costs? Evidence from the United States," Global Economy Journal (GEJ), World Scientific Publishing Co. Pte. Ltd., vol. 13(2), pages 151-173, June.
    5. Hakan Yilmazkuday, 2024. "Pass‐through of shocks into different U.S. prices," Review of International Economics, Wiley Blackwell, vol. 32(3), pages 1300-1315, August.
    6. Mario J. Crucini & Anthony Landry, 2012. "Accounting for real exchange rates using micro-data," Globalization Institute Working Papers 108, Federal Reserve Bank of Dallas.
    7. Mario Crucini & Anthony Landry & Craig Benedict, 2014. "On what states do prices depend? Answers from Ecuador," 2014 Meeting Papers 722, Society for Economic Dynamics.
    8. Distefano, Tiziano & Chiarotti, Guido & Laio, Francesco & Ridolfi, Luca, 2019. "Spatial Distribution of the International Food Prices: Unexpected Heterogeneity and Randomness," Ecological Economics, Elsevier, vol. 159(C), pages 122-132.
    9. Menz, Jan-Oliver & Wieland, Elisabeth & Mehrhoff, Jens, 2022. "Estimating the impact of quality adjustment on consumer price inflation," Discussion Papers 49/2022, Deutsche Bundesbank.
    10. Yunfeng Cen & Pengyan Zhang & Yuhang Yan & Wenlong Jing & Yu Zhang & Yanyan Li & Dan Yang & Xin Liu & Wenliang Geng & Tianqi Rong, 2019. "Spatial and Temporal Agglomeration Characteristics and Coupling Relationship of Urban Built-Up Land and Economic Hinterland—A Case Study of the Lower Yellow River, China," Sustainability, MDPI, vol. 11(19), pages 1-16, September.
    11. Ivan Hajdukovic, 2022. "The impact of international trade on the price of solar photovoltaic modules: empirical evidence," EconomiA, Emerald Group Publishing Limited, vol. 23(1), pages 88-104, July.
    12. Hakan Yilmazkuday, 2018. "Spatial dispersion of retail margins: evidence from Turkish agricultural prices," Agricultural Economics, International Association of Agricultural Economists, vol. 49(4), pages 455-462, July.
    13. M. A. Anderson & M. H. Davies & S. L. S. Smith, 2016. "Ethnic Networks and Price Dispersion," Review of International Economics, Wiley Blackwell, vol. 24(3), pages 514-535, August.
    14. Gyódi Kristóf & Sobolewski Maciej & Ziembiński Michał, 2017. "What Drives Price Dispersion in the European E-commerce Industry?," Central European Economic Journal, Sciendo, vol. 3(50), pages 53-71, December.
    15. de Souza, João Paulo A. & Gómez-Ramírez, Leopoldo, 2018. "The paradox of Mexico's export boom without growth: A demand-side explanation," Structural Change and Economic Dynamics, Elsevier, vol. 47(C), pages 96-113.
    16. Dmitry Kulikov, 2015. "Law of One Price in the euro area: an empirical investigation using Nielsen disaggregated price data," Bank of Estonia Working Papers wp2014-10, Bank of Estonia, revised 20 Jan 2015.
    17. Dvir, Eyal & Strasser, Georg, 2017. "Does marketing widen borders? Cross-country price dispersion in the European car market," Working Paper Series 2059, European Central Bank.
    18. Kenneth Gillingham, Hao Deng, Ryan Wiser, Naim Darghouth, Gregory Nemet, Galen Barbose, Varun Rai, and Changgui Dong, 2016. "Deconstructing Solar Photovoltaic Pricing," The Energy Journal, International Association for Energy Economics, vol. 0(Number 3).
    19. Ina Simonovska, 2010. "Income Differences and Prices of Tradables: Insights from an Online Retailer," NBER Working Papers 16233, National Bureau of Economic Research, Inc.
    20. Mario J. Crucini & Mototsugu Shintani & Takayuki Tsuruga, 2020. "A Behavioral Explanation for the Puzzling Persistence of the Aggregate Real Exchange Rate," NBER Working Papers 27420, National Bureau of Economic Research, Inc.
    21. Mario J. Crucini & J. Scott Davis, 2013. "Distribution Capital and the Short- and Long-Run Import Demand Elasticity," NBER Working Papers 18753, National Bureau of Economic Research, Inc.
    22. Javier Cravino & Sam Haltenhof, 2020. "Real Exchange Rates, Income per Capita, and Sectoral Input Shares," The Review of Economics and Statistics, MIT Press, vol. 102(1), pages 180-194, March.
    23. Yilmazkuday, Hakan, 2016. "Constant versus variable markups: Implications for the law of one price," International Review of Economics & Finance, Elsevier, vol. 44(C), pages 154-168.
    24. Yilmazkuday, Hakan, 2023. "Drivers of inflation convergence across countries: the role of standard gravity variables," Macroeconomic Dynamics, Cambridge University Press, vol. 27(6), pages 1664-1686, September.
    25. Alok Johri & Terry Yip, 2017. "Financial Shocks,Supply-chain Relationships and the Great Trade Collapse," Department of Economics Working Papers 2017-11, McMaster University.
    26. Yoshinori Kurokawa & Jiaren Pang & Yao Tang, 2011. "Exchange Rate Regimes, Trade, and the Wage Comovements," Tsukuba Economics Working Papers 2011-001, Faculty of Humanities and Social Sciences, University of Tsukuba.
    27. Nikolsko-Rzhevskyy, Alex & Ogrokhina, Olena, 2018. "Behavior of retail prices in common currency areas: The case of the Eurozone," Economic Modelling, Elsevier, vol. 69(C), pages 49-57.
    28. Martin Ravallion, 2014. "An Exploration of the International Comparison Program's New Global Economic Landscape," NBER Working Papers 20338, National Bureau of Economic Research, Inc.
    29. Michael Waugh & Ina Simonovska, 2012. "Different Trade Models, Different Trade Elasticities?," 2012 Meeting Papers 618, Society for Economic Dynamics.
    30. Alok Johri & Terry Yip, 2015. "Financial Shocks, Customer Capital and the Trade Collapse of 2008-2009," Department of Economics Working Papers 2015-13, McMaster University, revised Sep 2015.
    31. Flavio Delbono & Gemma Dipoppa & Luca Lambertini & Carlo Reggiani, 2017. "A Single Espresso, Please! Rationalizing Espresso Price Dispersion Across Italian Cities," Journal of Industry, Competition and Trade, Springer, vol. 17(4), pages 465-478, December.
    32. Malloy Brandon, 2018. "The Supply Network and Price Dispersion in the Canadian Gasoline Market," Review of Network Economics, De Gruyter, vol. 17(2), pages 75-107, June.
    33. Asha Sundaram & Lawrence Edwards & Neil Balchin, 2014. "A Disaggregated Analysis of Product Price Integration in the Southern African Development Community," Working Papers 421, Economic Research Southern Africa.
    34. Zhang, Qi, 2017. "The Balassa–Samuelson relationship: Services, manufacturing and product quality," Journal of International Economics, Elsevier, vol. 106(C), pages 55-82.
    35. Liu, Yue, 2016. "Price dispersion across countries and the heterogeneous impacts of income differences," Economics Letters, Elsevier, vol. 140(C), pages 64-67.
    36. Yilmazkuday, Hakan, 2022. "Unequal Exchange Rate Pass-Through Across Income Groups," Macroeconomic Dynamics, Cambridge University Press, vol. 26(3), pages 682-725, April.
    37. Robertson, Raymond & Kumar, Anil & Dutkowsky, Donald H., 2014. "Weak-form and strong-form purchasing power parity between the US and Mexico: A panel cointegration investigation," Journal of Macroeconomics, Elsevier, vol. 42(C), pages 241-262.
    38. Romero, Jaime & Cruz-Roche, Ignacio & Charron, Jean-Philippe, 2020. "The myth of price convergence under economic integration: A proposed explanation for the difference in food prices across European countries," European Management Journal, Elsevier, vol. 38(2), pages 267-276.

  11. Mario J. Crucini & Anthony Landry, 2012. "Accounting for Real Exchange Rates Using Micro-data," NBER Working Papers 17812, National Bureau of Economic Research, Inc.

    Cited by:

    1. Juan Nicolini & Constantino Hevia & Joao Ayres, 2015. "Real Exchange Rates and Commodity Prices," 2015 Meeting Papers 182, Society for Economic Dynamics.
    2. Mario Crucini & Anthony Landry & Craig Benedict, 2014. "On what states do prices depend? Answers from Ecuador," 2014 Meeting Papers 722, Society for Economic Dynamics.
    3. Giancarlo Corsetti & Luca Dedola & Francesca Viani, 2012. "Traded and nontraded goods prices, and international risk sharing: an empirical investigation," Working Papers 1242, Banco de España.
    4. Marianne Baxter & Anthony Landry, 2012. "IKEA: product, pricing, and pass-through," Proceedings, Federal Reserve Bank of San Francisco, issue Nov, pages 1-32.
    5. Oleg Itskhoki, 2021. "The Story of the Real Exchange Rate," Annual Review of Economics, Annual Reviews, vol. 13(1), pages 423-455, August.
    6. Mario J. Crucini & Mototsugu Shintani & Takayuki Tsuruga, 2020. "A Behavioral Explanation for the Puzzling Persistence of the Aggregate Real Exchange Rate," NBER Working Papers 27420, National Bureau of Economic Research, Inc.
    7. Raphael A. Auer & Thomas Chaney & Philip U. Sauré, 2012. "Quality Pricing-to-Market," Working Papers 2012-11, Swiss National Bank.
    8. Roberto S. Mariano, 2011. "Comment on "The Consumption Terms of Trade and Commodity Prices"," NBER Chapters, in: Commodity Prices and Markets, pages 145-146, National Bureau of Economic Research, Inc.
    9. Mario J. Crucini & J. Scott Davis, 2013. "Distribution Capital and the Short- and Long-Run Import Demand Elasticity," NBER Working Papers 18753, National Bureau of Economic Research, Inc.
    10. Bache, Ida Wolden & Sveen, Tommy & Torstensen, Kjersti Næss, 2013. "Revisiting the importance of non-tradable goods' prices in cyclical real exchange rate fluctuations," European Economic Review, Elsevier, vol. 57(C), pages 98-107.
    11. Sandeep Mazumder, 2016. "iPad Purchasing Parity: Farewell to the Big Mac Index," Economics Bulletin, AccessEcon, vol. 36(4), pages 2128-2136.
    12. Kanda Naknoi, 2017. "Real exchange rate fluctuations, wage stickiness and tradability," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 50(1), pages 94-110, February.
    13. Crucini, Mario J. & Yilmazkuday, Hakan, 2014. "Understanding long-run price dispersion," Journal of Monetary Economics, Elsevier, vol. 66(C), pages 226-240.
    14. Hai Long Vo & Duc Hong Vo, 2023. "The purchasing power parity and exchange‐rate economics half a century on," Journal of Economic Surveys, Wiley Blackwell, vol. 37(2), pages 446-479, April.
    15. Mario J. Crucini, 2011. "Comment on "Nontraded Goods Prices, Terms of Trade and International Risk-Sharing: An Empirical Investigation"," NBER Chapters, in: NBER International Seminar on Macroeconomics 2011, pages 470-476, National Bureau of Economic Research, Inc.
    16. Mark A. Wynne, 2012. "Five Years of Research on Globalization and Monetary Policy: What Have We Learned?," Annual Report, Globalization and Monetary Policy Institute, Federal Reserve Bank of Dallas, pages 2-17.
    17. Ariel Burstein & Gita Gopinath, 2013. "International Prices and Exchange Rates," NBER Working Papers 18829, National Bureau of Economic Research, Inc.
    18. Robertson, Raymond & Kumar, Anil & Dutkowsky, Donald H., 2014. "Weak-form and strong-form purchasing power parity between the US and Mexico: A panel cointegration investigation," Journal of Macroeconomics, Elsevier, vol. 42(C), pages 241-262.
    19. Ikeno, Hidehiro, 2014. "Pairwise tests of convergence of Japanese local price levels," International Review of Economics & Finance, Elsevier, vol. 31(C), pages 232-248.

  12. Mario J. Crucini & Mototsugu Shintani & Takayuki Tsuruga, 2012. "Noisy Information, Distance and Law of One Price Dynamics Across US Cities," NBER Working Papers 17815, National Bureau of Economic Research, Inc.

    Cited by:

    1. Francesco Zanetti & Tatsushi Okuda & Tomohiro Tsuruga, 2019. "Imperfect Information, Shock Heterogeneity, and Inflation Dynamics," Economics Series Working Papers 881, University of Oxford, Department of Economics.
    2. Okui, Ryo & Yanagi, Takahide, 2019. "Panel data analysis with heterogeneous dynamics," Journal of Econometrics, Elsevier, vol. 212(2), pages 451-475.
    3. Mario Crucini & Anthony Landry & Craig Benedict, 2014. "On what states do prices depend? Answers from Ecuador," 2014 Meeting Papers 722, Society for Economic Dynamics.
    4. Choi, Chi-Young & Choi, Horag, 2016. "The role of two frictions in geographic price dispersion: When market friction meets nominal rigidity," Journal of International Money and Finance, Elsevier, vol. 63(C), pages 1-27.
    5. Tatsushi Okuda & Tomohiro Tsuruga & Francesco Zanetti, 2021. "Imperfect Information, Heterogeneous Demand Shocks,and Inflation Dynamics," Economics Series Working Papers 934, University of Oxford, Department of Economics.
    6. Ryo Okui & Takahide Yanagi, 2018. "Kernel Estimation for Panel Data with Heterogeneous Dynamics," Papers 1802.08825, arXiv.org, revised May 2019.
    7. Hayakawa, Kazunobu & Tsubota, Kenmei, 2022. "The impact of highways on commodity prices: The price of butter in Japan," Journal of Asian Economics, Elsevier, vol. 81(C).
    8. Lee, Yoon-Jin & Okui, Ryo & Shintani, Mototsugu, 2018. "Asymptotic inference for dynamic panel estimators of infinite order autoregressive processes," Journal of Econometrics, Elsevier, vol. 204(2), pages 147-158.
    9. Jochmans, K. & Weidner, M., 2019. "Inference on a distribution from noisy draws," Cambridge Working Papers in Economics 1946, Faculty of Economics, University of Cambridge.
    10. Yazgan, M. Ege & Yilmazkuday, Hakan, 2011. "Price-level convergence: New evidence from U.S. cities," Economics Letters, Elsevier, vol. 110(2), pages 76-78, February.
    11. Mototsugu Shintani & Kozo Ueda, 2021. "Identifying the Source of Information Rigidities in the Expectations Formation Process," CARF F-Series CARF-F-516, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
    12. TAKECHI Kazutaka, 2016. "Daily Gravity," Discussion papers 16095, Research Institute of Economy, Trade and Industry (RIETI).
    13. David Fielding & Christopher Hajzler & James Macgee, 2015. "Distance, Language, Religion, and the Law of One Price: Evidence from Canada and Nigeria," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 47(5), pages 1007-1029, August.
    14. Guo, Zi-Yi, 2017. "Information heterogeneity, housing dynamics and the business cycle," EconStor Preprints 168561, ZBW - Leibniz Information Centre for Economics.
    15. Ryo Kato & Tatsushi Okuda & Takayuki Tsuruga, 2020. "Sectoral inflation persistence, market concentration and imperfect common knowledge," ISER Discussion Paper 1082, Institute of Social and Economic Research, Osaka University.
    16. José‐María Montero & Tiziana Laureti & Román Mínguez & Gema Fernández‐Avilés, 2020. "A Stochastic Model with Penalized Coefficients for Spatial Price Comparisons: An Application to Regional Price Indexes in Italy," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 66(3), pages 512-533, September.
    17. Malloy Brandon, 2018. "The Supply Network and Price Dispersion in the Canadian Gasoline Market," Review of Network Economics, De Gruyter, vol. 17(2), pages 75-107, June.
    18. Choi, Chi-Young & Choi, Horag, 2014. "Does distance reflect more than transport costs?," Economics Letters, Elsevier, vol. 125(1), pages 82-86.
    19. Chi-Young Choi & Anthony Murphy & Jyh-Lin Wu, 2017. "Segmentation of consumer markets in the US: What do intercity price differences tell us?," Canadian Journal of Economics, Canadian Economics Association, vol. 50(3), pages 738-777, August.
    20. Yoon J. Jo & Misaki Matsumura & David E. Weinstein, 2019. "The Impact of E-Commerce on Relative Prices and Consumer Welfare," NBER Working Papers 26506, National Bureau of Economic Research, Inc.
    21. Guo, Zi-Yi, 2017. "Information heterogeneity, housing dynamics and the business cycle," Economics Discussion Papers 2017-17, Kiel Institute for the World Economy (IfW Kiel).

  13. Eric W. Bond & Mario J. Crucini & Tristan Potter & Joel Rodrigue, 2012. "Misallocation and Productivity Effects of the Smoot-Hawley Tariff," NBER Working Papers 18034, National Bureau of Economic Research, Inc.

    Cited by:

    1. Douglas A. Irwin, 2019. "U.S. Trade Policy in Historical Perspective," NBER Working Papers 26256, National Bureau of Economic Research, Inc.
    2. Diego Restuccia, 2013. "Factor Misallocation and Development," Working Papers tecipa-502, University of Toronto, Department of Economics.
    3. Xiaodong Zhang & Kaifeng Duan & Lun Yang & Xiaokun Wei, 2024. "Land Regulation and Local Service Provision: Can Economic Growth and Environmental Protection Be Achieved Simultaneously?," Land, MDPI, vol. 13(9), pages 1-23, September.
    4. Correa, Juan A. & Gómez, Marcos & Luengo, Andrés & Parro, Francisco, 2021. "Environmental misallocation in the copper industry," Resources Policy, Elsevier, vol. 71(C).
    5. Rodrigue, Joel & Shi, Qing & Tan, Yong, 2024. "Trade policy uncertainty & resource misallocation," European Economic Review, Elsevier, vol. 164(C).
    6. Yu, Chin-Hsien & Wu, Xiuqin & Lee, Wen-Chieh & Zhao, Jinsong, 2021. "Resource misallocation in the Chinese wind power industry: The role of feed-in tariff policy," Energy Economics, Elsevier, vol. 98(C).
    7. Julian Neira, 2015. "Bankruptcy and Cross-Country Differences in Productivity," Discussion Papers 1511, University of Exeter, Department of Economics.
    8. Kris James Mitchener Author e-mail: kmitchener@scu.edu & Kirsten Wandschneider Author e-mail: kirsten.wandschneider@univie.ac.at & Kevin Hjortshøj O’Rourke Author e-mail: akevin.orourke@nyu.edu, 2021. "The Smoot-Hawley Trade War," Working Papers 20210061, New York University Abu Dhabi, Department of Social Science, revised Mar 2021.
    9. Dardati, Evangelina & Saygili, Meryem, 2020. "Aggregate impacts of cap-and-trade programs with heterogeneous firms," Energy Economics, Elsevier, vol. 92(C).
    10. Dong Cheng & Mario J. Crucini & Hyunseung Oh & Hakan Yilmazkuday, 2019. "Early 20th Century American Exceptionalism: Production, Trade and Diffusion of the Automobile," NBER Working Papers 26121, National Bureau of Economic Research, Inc.
    11. Lee E. Ohanian, 2016. "The Great Recession in the Shadow of the Great Depression: A Review Essay on “Hall of Mirrors: The Great Depression, The Great Recession and the Uses and Misuses Of History”," NBER Working Papers 22239, National Bureau of Economic Research, Inc.
    12. Kris James Mitchener & Kirsten Wandschneider & Kevin Hjortshøj O'Rourke, 2021. "The Smoot-Hawley Trade War," NBER Working Papers 28616, National Bureau of Economic Research, Inc.
    13. Mao, Wenxin & Sun, Huifang & Wang, Wenping & Luo, Dang, 2024. "Factor reallocation path for low-carbon transformation: A perspective of manufacturing industry ecosystem," Energy Economics, Elsevier, vol. 134(C).
    14. Jacks, David S., 2014. "Defying gravity: The Imperial Economic Conference and the reorientation of Canadian trade," Explorations in Economic History, Elsevier, vol. 53(C), pages 19-39.
    15. Gary D. Hansen & Lee E. Ohanian, 2016. "Neoclassical Models in Macroeconomics," NBER Working Papers 22122, National Bureau of Economic Research, Inc.

  14. Mario J. Crucini & Christopher I. Telmer, 2012. "Microeconomic Sources of Real Exchange Rate Variability," NBER Working Papers 17978, National Bureau of Economic Research, Inc.

    Cited by:

    1. Mario J. Crucini & Anthony Landry, 2012. "Accounting for real exchange rates using micro-data," Globalization Institute Working Papers 108, Federal Reserve Bank of Dallas.
    2. Chahrour, Ryan & Stevens, Luminita, 2020. "Price dispersion and the border effect," Journal of Monetary Economics, Elsevier, vol. 116(C), pages 135-146.
    3. Rumler, Fabio & Reiff, Adam, 2014. "Within- and cross-country price dispersion in the euro area," Working Paper Series 1742, European Central Bank.
    4. Dvir, Eyal & Strasser, Georg, 2017. "Does marketing widen borders? Cross-country price dispersion in the European car market," Working Paper Series 2059, European Central Bank.
    5. Oleg Itskhoki, 2021. "The Story of the Real Exchange Rate," Annual Review of Economics, Annual Reviews, vol. 13(1), pages 423-455, August.
    6. Marina Glushenkova & Marios Zachariadis, 2020. "How different are Monetary Unions to national economies according to prices?," University of Cyprus Working Papers in Economics 01-2020, University of Cyprus Department of Economics.
    7. Mario J. Crucini & Mototsugu Shintani & Takayuki Tsuruga, 2010. "Do Sticky Prices Increase Real Exchange Rate Volatility at the Sector Level?," Vanderbilt University Department of Economics Working Papers 1120, Vanderbilt University Department of Economics.
    8. Alvarez, Fernando & Dixit, Avinash, 2014. "A real options perspective on the future of the Euro," Journal of Monetary Economics, Elsevier, vol. 61(C), pages 78-109.
    9. Ariel Burstein & Gita Gopinath, 2013. "International Prices and Exchange Rates," NBER Working Papers 18829, National Bureau of Economic Research, Inc.
    10. Ryan Chahrour & Luminita Stevens, 2015. "Equilibrium Price Dispersion and the Border Effect," Boston College Working Papers in Economics 888, Boston College Department of Economics.
    11. Robertson, Raymond & Kumar, Anil & Dutkowsky, Donald H., 2014. "Weak-form and strong-form purchasing power parity between the US and Mexico: A panel cointegration investigation," Journal of Macroeconomics, Elsevier, vol. 42(C), pages 241-262.

  15. John P. Conley & Mario J. Crucini & Robert A. Driskill & Ali Sina Onder, 2011. "Incentives and the Effects of Publication Lags on Life Cycle Research Productivity in Economics," NBER Working Papers 17043, National Bureau of Economic Research, Inc.

    Cited by:

    1. Eline Poelmans & Sandra Rousseau, 2015. "Factors determining authors’ willingness to wait for editorial decisions from economic history journals," Scientometrics, Springer;Akadémiai Kiadó, vol. 102(2), pages 1347-1374, February.
    2. Matthias Krapf & Heinrich Ursprung & Christian Zimmermann, 2014. "Parenthood and Productivity of Highly Skilled Labor: Evidence from the Groves of Academe," CESifo Working Paper Series 4641, CESifo.
    3. John P. Conley, 2012. "Low acceptance rates, commercial publishing, and the future of scholarly communication," Economics Bulletin, AccessEcon, vol. 32(4), pages 1-37.
    4. Kim, Jin-Yeong, 2016. "The Impact of Government Support of Graduate Schools on the Research Productivity of Professors and Students," KDI Journal of Economic Policy, Korea Development Institute (KDI), vol. 38(2), pages 63-85.
    5. KRAPF, Matthias & SCHLÄPFER, Jörg, 2012. "How Nobel Laureates Would Perform In The Handelsblatt Ranking," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 12(3).
    6. John P. Conley & Ali Sina Önder & Benno Torgler, 2016. "Are all economics graduate cohorts created equal? Gender, job openings, and research productivity," Scientometrics, Springer;Akadémiai Kiadó, vol. 108(2), pages 937-958, August.
    7. John P. Conley & Ali Sina Önder & Benno Torgler, 2012. "Are all High-Skilled Cohorts Created Equal? Unemployment, Gender, and Research Productivity," Working Papers 2012.86, Fondazione Eni Enrico Mattei.
    8. Ali Sina Önder & Sascha Schweitzer, 2017. "Catching up or falling behind? Promising changes and persistent patterns across cohorts of economics PhDs in German-speaking countries from 1991 to 2008," Scientometrics, Springer;Akadémiai Kiadó, vol. 110(3), pages 1297-1331, March.
    9. Libman, A., 2011. "Journals as a Selection Tool in Economics," Journal of the New Economic Association, New Economic Association, issue 12, pages 174-177.

  16. Martin Berka & Mario J. Crucini & Chih-Wei Wang, 2011. "International Risk-Sharing and Commodity Prices," Vanderbilt University Department of Economics Working Papers 1121, Vanderbilt University Department of Economics.

    Cited by:

    1. Markus Brunnermeier & Yuliy Sannikov, 2015. "International Credit Flows and Pecuniary Externalities," CESifo Working Paper Series 5170, CESifo.
    2. Devereux, Michael B. & Kollmann, Robert, 2012. "International Risk Sharing," MPRA Paper 70129, University Library of Munich, Germany.
    3. Hansen, James & Gross, Isaac, 2018. "Commodity price volatility with endogenous natural resources," European Economic Review, Elsevier, vol. 101(C), pages 157-180.
    4. Llosa, Luis-Gonzalo, 2013. "How Do Terms of Trade Affect Productivity? The Role of Monopolistic Output Markets," Working Papers 2013-007, Banco Central de Reserva del Perú.
    5. Jorge Toro & Aarón Garavito & David Camilo López & Enrique Montes, 2015. "El choque petrolero y sus implicaciones en la economía colombiana," Borradores de Economia 13829, Banco de la Republica.
    6. Asdrubali, Pierfederico & Kim, Soyoung & Pericoli, Filippo Maria & Poncela, Pilar, 2023. "Risk sharing channels in OECD countries: A heterogeneous panel VAR approach," Journal of International Money and Finance, Elsevier, vol. 131(C).
    7. Saif Al-Abri, Almukhtar, 2014. "How does terms-of-trade behavior shape international financial integration in primary-commodity exporting economies?," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 33(C), pages 335-353.

  17. Mario J. Crucini & Mototsugu Shintani, 2011. "Measuring International Business Cycles by Saving for a Rainy Day," IMES Discussion Paper Series 11-E-14, Institute for Monetary and Economic Studies, Bank of Japan.

    Cited by:

    1. Kan Chen & Mario Crucini, 2016. "Trends and cycles in small open economies: Making the case for a general equilibrium approach," CAMA Working Papers 2016-50, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    2. Kan Chen & Mario Crucini, 2016. "Trends & Cycles in Small Open Economies:Making the Case for a General Equilibrium Approach," Working Papers 16/12, BBVA Bank, Economic Research Department.
    3. Martínez-García Enrique, 2018. "Modeling time-variation over the business cycle (1960–2017): an international perspective," Studies in Nonlinear Dynamics & Econometrics, De Gruyter, vol. 22(5), pages 1-25, December.
    4. Amdur, David & Ersal Kiziler, Eylem, 2012. "Trend shocks and the countercyclical U.S. current account," MPRA Paper 40147, University Library of Munich, Germany.

  18. Mario J. Crucini & Mototsugu Shintani & Takayuki Tsuruga, 2010. "Do Sticky Prices Increase Real Exchange Rate Volatility at the Sector Level?," NBER Working Papers 16081, National Bureau of Economic Research, Inc.

    Cited by:

    1. Mario J. Crucini & Mototsugu Shintani & Takayuki Tsuruga, 2014. "Noisy information, distance and law of one price dynamics across US cities," Globalization Institute Working Papers 216, Federal Reserve Bank of Dallas.
    2. Elberg, Andrés, 2016. "Sticky prices and deviations from the Law of One Price: Evidence from Mexican micro-price data," Journal of International Economics, Elsevier, vol. 98(C), pages 191-203.
    3. Mallick, Sushanta & Marques, Helena, 2017. "Export prices, selection into exporting and market size: Evidence from China and India," International Business Review, Elsevier, vol. 26(6), pages 1034-1050.
    4. Mario J. Crucini & Mototsugu Shintani & Takayuki Tsuruga, 2020. "A Behavioral Explanation for the Puzzling Persistence of the Aggregate Real Exchange Rate," NBER Working Papers 27420, National Bureau of Economic Research, Inc.
    5. Lein‐Lein Chen & Seungmook Choi & John Devereux, 2015. "Explaining price level differences: New evidence on the Balassa–Samuelson effect," Southern Economic Journal, John Wiley & Sons, vol. 82(1), pages 81-99, July.
    6. Nakamura, Fumitaka, 2022. "The origin of the law of one price deviations: Insights from the good-level real exchange rate volatility," Journal of International Money and Finance, Elsevier, vol. 128(C).

  19. Mario J. Crucini & Mototsugu Shintani & Takayuki Tsuruga, 2009. "The Law of One Price Without the Border: The Role of Distance Versus Sticky Prices," NBER Working Papers 14835, National Bureau of Economic Research, Inc.

    Cited by:

    1. Nagayasu, Jun, 2014. "Regional inflation, spatial location and the Balassa-Samuelson effect," MPRA Paper 59220, University Library of Munich, Germany.
    2. Michael A. Anderson & Kurt C. Schaefer & Stephen L. S. Smith, 2013. "Can Price Dispersion Reveal Distance-Related Trade Costs? Evidence from the United States," Global Economy Journal (GEJ), World Scientific Publishing Co. Pte. Ltd., vol. 13(2), pages 151-173, June.
    3. Kazuko Kano & Takashi Kano & Kazutaka Takechi, 2012. "Nonparametric Identification and Estimation of the Number of Components in Multivariate Mixtures," Global COE Hi-Stat Discussion Paper Series gd12-246, Institute of Economic Research, Hitotsubashi University.
    4. Bruce Cater & Byron Lew, 2018. "The impact of climate on the law of one price: A test using North American food prices from the 1920s," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 51(4), pages 1191-1220, November.
    5. Mario J. Crucini & Mototsugu Shintani & Takayuki Tsuruga, 2014. "Noisy information, distance and law of one price dynamics across US cities," Globalization Institute Working Papers 216, Federal Reserve Bank of Dallas.
    6. Elberg, Andrés, 2016. "Sticky prices and deviations from the Law of One Price: Evidence from Mexican micro-price data," Journal of International Economics, Elsevier, vol. 98(C), pages 191-203.
    7. Kitenge, Erick M. & Morshed, A.K.M. Mahbub, 2019. "Price convergence among Indian cities: The role of linguistic differences, topography, and aggregation," Journal of Asian Economics, Elsevier, vol. 61(C), pages 34-50.
    8. Choi, Chi-Young & Choi, Horag, 2016. "The role of two frictions in geographic price dispersion: When market friction meets nominal rigidity," Journal of International Money and Finance, Elsevier, vol. 63(C), pages 1-27.
    9. Jenny C. Aker & Michael W. Klein & Stephen A. O'Connell, 2015. "International and Intranational Market Segmentation and Integration in West Africa," NBER Chapters, in: African Successes, Volume IV: Sustainable Growth, pages 179-199, National Bureau of Economic Research, Inc.
    10. Mamello A Nchake & Lawrence Edwards & Tresor N Kaya, 2019. "The Size of the Border and Product Market Integration Between Lesotho and South Africa: A Production–Consumption Approach," Journal of African Economies, Centre for the Study of African Economies, vol. 28(1), pages 70-88.
    11. Hayakawa, Kazunobu & Tsubota, Kenmei, 2022. "The impact of highways on commodity prices: The price of butter in Japan," Journal of Asian Economics, Elsevier, vol. 81(C).
    12. Falvey, Rodney E & Gemmell, Norman & Chang, Cherry & Zheng, Guanyu, 2014. "Explaining International Differences in the Prices of Tradables and Non-Tradables (with a New Zealand Perspective)," Working Paper Series 18835, Victoria University of Wellington, Chair in Public Finance.
    13. Kazuko Kano & Takashi Kano & Kazutaka Takechi, 2010. "Exaggerated Death of Distance: Revisiting Distance Effects on Regional Price Dispersions," CARF F-Series CARF-F-231, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo, revised May 2012.
    14. Fernando Borraz & Alberto Cavallo & Roberto Rigobon & Leandro Zipitría, 2012. "Distance and Political Boundaries:Estimating Border Effects under Inequality Constraints," Documentos de Trabajo (working papers) 1012, Department of Economics - dECON.
    15. Mario J. Crucini & Mototsugu Shintani & Takayuki Tsuruga, 2020. "A Behavioral Explanation for the Puzzling Persistence of the Aggregate Real Exchange Rate," NBER Working Papers 27420, National Bureau of Economic Research, Inc.
    16. Charles Engel, 2010. "Exchange rate policies," BIS Papers chapters, in: Bank for International Settlements (ed.), The international financial crisis and policy challenges in Asia and the Pacific, volume 52, pages 229-250, Bank for International Settlements.
    17. Brenton, Paul & Portugal-Perez, Alberto & Regolo, Julie, 2014. "Food prices, road infrastructure, and market integration in Central and Eastern Africa," Policy Research Working Paper Series 7003, The World Bank.
    18. A. Nchake Mamello & Edwards Lawrence & N. Kaya Tresor, 2017. "Working Paper 272 - Price effects of borders between Lesotho and South Africa," Working Paper Series 2389, African Development Bank.
    19. Ming-Jen Chang, 2016. "Half-Life Deviations From Purchasing Power Parity: Evidence From Pacific Rim Countries," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 61(04), pages 1-20, September.
    20. Santeramo, Fabio, 2021. "Price dynamics, LOP and quantile regressions," MPRA Paper 107454, University Library of Munich, Germany.
    21. Mario J. Crucini & Mototsugu Shintani & Takayuki Tsuruga, 2010. "Do Sticky Prices Increase Real Exchange Rate Volatility at the Sector Level?," Vanderbilt University Department of Economics Working Papers 1120, Vanderbilt University Department of Economics.
    22. Jacint Balaguer & Jordi Ripollés, 2018. "Revisiting the importance of border effect in sub‐national regions. Evidence from a quasi‐experimental design," Papers in Regional Science, Wiley Blackwell, vol. 97(4), pages 1113-1130, November.
    23. Walker, Sarah, 2018. "Cultural barriers to market integration: Evidence from 19th century Austria," Journal of Comparative Economics, Elsevier, vol. 46(4), pages 1122-1145.
    24. Borraz, Fernando & Zipitría, Leandro, 2017. "Law of One Price, Distance, and Borders," GLO Discussion Paper Series 87, Global Labor Organization (GLO).
    25. Ross D. Hickey & David S. Jacks, 2011. "Nominal rigidities and retail price dispersion in Canada over the twentieth century," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 44(3), pages 749-780, August.
    26. Sharp, Paul & Uebele, Martin, 2013. "Rural Infrastructure and Agricultural Market Integration in the United States: A long run perspective," Discussion Papers on Economics 10/2013, University of Southern Denmark, Department of Economics.
    27. Santeramo, Fabio, 2022. "Price Dynamics, LOP and Quantile Regressions," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 47(3), September.
    28. Yu Hao & Yuanzhe Li & John V. C. Nye, 2022. "Wiring China: The impact of telegraph construction on grain market integration in late imperial China, 1870–1911," Economic History Review, Economic History Society, vol. 75(3), pages 857-880, August.
    29. Nakamura, Fumitaka, 2022. "The origin of the law of one price deviations: Insights from the good-level real exchange rate volatility," Journal of International Money and Finance, Elsevier, vol. 128(C).
    30. Hai Long Vo & Duc Hong Vo, 2023. "The purchasing power parity and exchange‐rate economics half a century on," Journal of Economic Surveys, Wiley Blackwell, vol. 37(2), pages 446-479, April.
    31. Luca Macedoni, 2021. "Has the Euro Shrunk the Band? Relative Purchasing Power Parity Convergence in a Currency Union," Scandinavian Journal of Economics, Wiley Blackwell, vol. 123(2), pages 593-620, April.
    32. Boffa,Mauro & Varela,Gonzalo J., 2019. "Integration and Price Transmission in Key Food Commodity Markets in India," Policy Research Working Paper Series 8755, The World Bank.
    33. Balaguer, Jacint & Ripollés, Jordi, 2018. "Disentangling the importance of international border effects. Some evidence from Portugal–Spain based on diesel retailers," Economic Modelling, Elsevier, vol. 72(C), pages 260-269.
    34. Saileshsingh Gunessee & Cheng Zhang, 2022. "The economics of domestic market integration," Journal of Economic Surveys, Wiley Blackwell, vol. 36(4), pages 1069-1095, September.
    35. Kano, Kazuko & 加納, 和子 & Kano, Takashi & 加納, 隆 & Takechi, Kazutaka & 武智, 一貴, 2013. "The Price of Distance: Producer Heterogeneity, Pricing to Market, and Geographic Barriers," Discussion Papers 2013-03, Graduate School of Economics, Hitotsubashi University.
    36. Caglayan, Mustafa & Filiztekin, Alpay, 2012. "The law of one price and the role of market structure," MPRA Paper 36975, University Library of Munich, Germany.
    37. Aviad Tur-Sinai, 2019. "Is a Municipal Boundary a Good Stratification Variable?," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 144(3), pages 1075-1098, August.
    38. Andres Elberg, 2014. "Temporal Aggregation and Convergence to the Law of One Price: Evidence from Micro Data," Working Papers 53, Facultad de Economía y Empresa, Universidad Diego Portales.
    39. Ikeno, Hidehiro, 2014. "Pairwise tests of convergence of Japanese local price levels," International Review of Economics & Finance, Elsevier, vol. 31(C), pages 232-248.
    40. Jun Nagayasu, 2017. "Regional inflation, spatial locations and the Balassa-Samuelson effect: Evidence from Japan," Urban Studies, Urban Studies Journal Limited, vol. 54(6), pages 1482-1499, May.
    41. Kazunobu Hayakawa & Ikumo Isono & Satoru Kumagai, 2020. "Transportation Costs in Archipelagos: Evidence from Indonesia," The Developing Economies, Institute of Developing Economies, vol. 58(3), pages 227-241, September.
    42. KANO Kazuko & KANO Takashi & TAKECHI Kazutaka, 2015. "The Price of Distance: Pricing to market, producer heterogeneity, and geographic barriers," Discussion papers 15017, Research Institute of Economy, Trade and Industry (RIETI).
    43. Kenneth W Clements & Yihui Lan & Haiyan Liu & Long Vo, 2022. "The Icp, Ppp And Household Expenditure Patterns," Economics Discussion / Working Papers 22-18, The University of Western Australia, Department of Economics.

  20. Mario J. Crucini & Hakan Yilmazkuday, 2009. "A Model of International Cities: Implications for Real Exchange Rates," NBER Working Papers 14834, National Bureau of Economic Research, Inc.

    Cited by:

    1. Simonovska, Ina & Waugh, Michael E., 2014. "The elasticity of trade: Estimates and evidence," Journal of International Economics, Elsevier, vol. 92(1), pages 34-50.
    2. Crucini, Mario J. & Shintani, Mototsugu & Tsuruga, Takayuki, 2010. "Accounting for persistence and volatility of good-level real exchange rates: The role of sticky information," Journal of International Economics, Elsevier, vol. 81(1), pages 48-60, May.
    3. Rahul Giri, 2010. "Local Costs of Distribution, International Trade Costs and Micro Evidence on the Law of One Price," Working Papers 1001, Centro de Investigacion Economica, ITAM.
    4. Hakan Yilmazkuday, 2012. "How wide is the border across U.S. states?," Letters in Spatial and Resource Sciences, Springer, vol. 5(1), pages 25-31, March.
    5. Mario J. Crucini & J. Scott Davis, 2013. "Distribution Capital and the Short- and Long-Run Import Demand Elasticity," NBER Working Papers 18753, National Bureau of Economic Research, Inc.
    6. Sposi, Michael, 2015. "Trade barriers and the relative price of tradables," Journal of International Economics, Elsevier, vol. 96(2), pages 398-411.
    7. Andrade, Philippe & Zachariadis, Marios, 2016. "Global versus local shocks in micro price dynamics," Journal of International Economics, Elsevier, vol. 98(C), pages 78-92.
    8. Lein‐Lein Chen & Seungmook Choi & John Devereux, 2015. "Explaining price level differences: New evidence on the Balassa–Samuelson effect," Southern Economic Journal, John Wiley & Sons, vol. 82(1), pages 81-99, July.
    9. Crucini, Mario J. & Yilmazkuday, Hakan, 2014. "Understanding long-run price dispersion," Journal of Monetary Economics, Elsevier, vol. 66(C), pages 226-240.
    10. Bekkers, Eddy & Simonovska, Ina, 2015. "The Balassa–Samuelson effect and pricing-to-market: The role of strategic complementarity," Economics Letters, Elsevier, vol. 126(C), pages 156-158.
    11. Mark A. Wynne, 2012. "Five Years of Research on Globalization and Monetary Policy: What Have We Learned?," Annual Report, Globalization and Monetary Policy Institute, Federal Reserve Bank of Dallas, pages 2-17.
    12. Chaban, Maxym, 2011. "Home bias, distribution services and determinants of real exchange rates," Journal of Macroeconomics, Elsevier, vol. 33(4), pages 793-806.
    13. Yilmazkuday, Hakan, 2009. "Is the Armington Elasticity Really Constant across Importers?," MPRA Paper 15954, University Library of Munich, Germany.
    14. Patricia Sourdin & Richard Pomfret, 2012. "Trade Facilitation," Books, Edward Elgar Publishing, number 14596.
    15. Philippe Andrade & Marios Zachariadis, 2010. "Trends in International Prices," University of Cyprus Working Papers in Economics 02-2010, University of Cyprus Department of Economics.

  21. Mario J. Crucini & M. Ayhan Kose & Christopher Otrok, 2008. "What Are the Driving Forces of International Business Cycles?," NBER Working Papers 14380, National Bureau of Economic Research, Inc.

    Cited by:

    1. Wensheng Kang & Ronald A. Ratti & Joaquin L. Vespignani, 2017. "Global Commodity Prices and Global Stock Volatility Shocks: Effects across Countries," Globalization Institute Working Papers 311, Federal Reserve Bank of Dallas.
    2. Fabrizio Perri & Vincenzo Quadrini, 2011. "International Recessions," NBER Working Papers 17201, National Bureau of Economic Research, Inc.
    3. Patrick A. Pintus & Yi Wen & Xiaochuan Xing, 2018. "International Credit Markets and Global Business Cycles," Working Papers 2018-9, Federal Reserve Bank of St. Louis.
    4. Marianne Baxter, 2012. "International risk‐sharing in the short run and in the long run," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 45(2), pages 376-393, May.
    5. Castelnuovo, Efrem, 2010. "Tracking U.S. inflation expectations with domestic and global indicators," Journal of International Money and Finance, Elsevier, vol. 29(7), pages 1340-1356, November.
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  22. Mario J. Crucini & Mototsugu Shintani & Takayuki Tsuruga, 2008. "Accounting for Persistence and Volatility of Good-level Real Exchange Rates: The Role of Sticky Information," IMES Discussion Paper Series 08-E-05, Institute for Monetary and Economic Studies, Bank of Japan.

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    2. Akihisa Shibata & Mototsugu Shintani & Takayuki Tsuruga, 2018. "Current account dynamics under information rigidity and imperfect capital mobility," CAMA Working Papers 2018-56, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    3. Crucini, Mario J. & Shintani, Mototsugu & Tsuruga, Takayuki, 2010. "Accounting for persistence and volatility of good-level real exchange rates: The role of sticky information," Journal of International Economics, Elsevier, vol. 81(1), pages 48-60, May.
    4. Mario J. Crucini & Mototsugu Shintani & Takayuki Tsuruga, 2014. "Noisy information, distance and law of one price dynamics across US cities," Globalization Institute Working Papers 216, Federal Reserve Bank of Dallas.
    5. Knobel, Alexander (Кнобель, Александр) & Chentsov, Alexander (Ченцов, Александр), 2018. "The Impact of Exchange Rates and Their Volatility on Russia's Foreign Trade, Taking into Account its Membership in EAEU [Влияние Обменных Курсов И Их Волатильности На Внешнюю Торговлю России С Учет," Working Papers 061824, Russian Presidential Academy of National Economy and Public Administration.
    6. Mario J. Crucini & Anthony Landry, 2012. "Accounting for real exchange rates using micro-data," Globalization Institute Working Papers 108, Federal Reserve Bank of Dallas.
    7. Delgado, Martha Elena & Herreño, Juan & Hofstetter, Marc & Pedemonte, Mathieu, 2024. "The Causal Effects of Expected Depreciations," Documentos CEDE 21114, Universidad de los Andes, Facultad de Economía, CEDE.
    8. Candian, Giacomo, 2019. "Information frictions and real exchange rate dynamics," Journal of International Economics, Elsevier, vol. 116(C), pages 189-205.
    9. Mototsugu Shintani & Kozo Ueda, 2021. "Identifying the Source of Information Rigidities in the Expectations Formation Process," CARF F-Series CARF-F-516, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
    10. Liu, De-Chih & Chang, Yu-Chien, 2022. "Systematic variations in exchange rate returns," International Review of Economics & Finance, Elsevier, vol. 82(C), pages 569-583.
    11. Boivin, Jean & Clark, Robert & Vincent, Nicolas, 2012. "Virtual borders," Journal of International Economics, Elsevier, vol. 86(2), pages 327-335.
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    13. Mario J. Crucini & Mototsugu Shintani & Takayuki Tsuruga, 2020. "A Behavioral Explanation for the Puzzling Persistence of the Aggregate Real Exchange Rate," NBER Working Papers 27420, National Bureau of Economic Research, Inc.
    14. Mayoral, Laura & Dolores Gadea, María, 2011. "Aggregate real exchange rate persistence through the lens of sectoral data," Journal of Monetary Economics, Elsevier, vol. 58(3), pages 290-304.
    15. N. Gregory Mankiw & Ricardo Reis, 2010. "Imperfect Information and Aggregate Supply," NBER Working Papers 15773, National Bureau of Economic Research, Inc.
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    17. Andrade, Philippe & Zachariadis, Marios, 2016. "Global versus local shocks in micro price dynamics," Journal of International Economics, Elsevier, vol. 98(C), pages 78-92.
    18. Zi-Yi Guo, 2017. "International Real Business Cycle Models with Incomplete Information," Proceedings of Economics and Finance Conferences 4507458, International Institute of Social and Economic Sciences.
    19. Guo, Zi-Yi, 2017. "Information heterogeneity, housing dynamics and the business cycle," EconStor Preprints 168561, ZBW - Leibniz Information Centre for Economics.
    20. Guo, Zi-Yi, 2017. "International Real Business Cycle Models with Incomplete Information," EconStor Preprints 168432, ZBW - Leibniz Information Centre for Economics.
    21. Jiøí Schwarz, 2011. "Impact of Institutions on Cross-Border Price Dispersion," Working Papers IES 2011/30, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, revised Sep 2011.
    22. Roberto Rigobon & Brent Neiman & Alberto Cavallo, 2013. "Product Introductions, Currency Unions, and the Real Exchange Rate," 2013 Meeting Papers 1357, Society for Economic Dynamics.
    23. Been-Lon Chen & Yu-Shan Hsu & Chia-Hui Lu, 2011. "Friedman meets Becker and Mulligan in a monetary neoclassical growth model," Journal of Economics, Springer, vol. 104(2), pages 99-126, October.
    24. Alberto Cavallo & Brent Neiman & Roberto Rigobon, 2014. "Currency Unions, Product Introductions, and the Real Exchange Rate," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 129(2), pages 529-595.
    25. Wei Dong, 2013. "Do central banks respond to exchange rate movements? Some new evidence from structural estimation," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 46(2), pages 555-586, May.
    26. Ekinci, Mehmet Fatih, 2017. "Inattentive consumers and international business cycles," Journal of International Money and Finance, Elsevier, vol. 72(C), pages 1-27.
    27. Asha Sundaram & Lawrence Edwards & Neil Balchin, 2014. "A Disaggregated Analysis of Product Price Integration in the Southern African Development Community," Working Papers 421, Economic Research Southern Africa.
    28. Ariel Burstein & Gita Gopinath, 2013. "International Prices and Exchange Rates," NBER Working Papers 18829, National Bureau of Economic Research, Inc.
    29. MarioJ. Crucini & Mototsugu Shintani & Takayuki Tsuruga, 2010. "The Law of One Price without the Border: The Role of Distance versus Sticky Prices," Economic Journal, Royal Economic Society, vol. 120(544), pages 462-480, May.
    30. Guo, Zi-Yi, 2017. "Information heterogeneity, housing dynamics and the business cycle," Economics Discussion Papers 2017-17, Kiel Institute for the World Economy (IfW Kiel).

  23. Mario J. Crucini, 2006. "International Real Business Cycles," Vanderbilt University Department of Economics Working Papers 0617, Vanderbilt University Department of Economics.

    Cited by:

    1. Giancarlo Corsetti & Luca Dedola & Francesca Viani, 2012. "The international risk sharing puzzle is at business cycle and lower frequency," Canadian Journal of Economics, Canadian Economics Association, vol. 45(2), pages 448-471, May.
    2. Yilmazkuday, Hakan, 2012. "Business cycles through international shocks: A structural investigation," Economics Letters, Elsevier, vol. 115(3), pages 329-333.
    3. Priyo, Asad Karim Khan, 2009. "Impact of the Exchange Rate Regime Change on the Value of Bangladesh Currency," MPRA Paper 117987, University Library of Munich, Germany.
    4. Nicolas Petrosky-Nadeau, "undated". "Endogenous Flows of Foreign Direct Investment and International Real Business Cycles," GSIA Working Papers 2011-E16, Carnegie Mellon University, Tepper School of Business.
    5. Bjarni G. Einarsson & Gudjón Emilsson & Svava J. Haraldsdóttir & Thórarinn G. Pétursson & Rósa B. Sveinsdóttir, 2013. "On our own? The Icelandic business cycle in an international context," Economics wp63, Department of Economics, Central bank of Iceland.
    6. Jiang, Mingming, 2016. "By force of demand: Explaining cyclical fluctuations of international trade and government spending," Journal of Economic Dynamics and Control, Elsevier, vol. 69(C), pages 249-267.

  24. Mario Crucini & Chris Telmer & Marios Zachariadis, 2003. "Price dispersion: The role of distance, borders and location," GSIA Working Papers 2004-E25, Carnegie Mellon University, Tepper School of Business.

    Cited by:

    1. Simonovska, Ina & Waugh, Michael E., 2014. "The elasticity of trade: Estimates and evidence," Journal of International Economics, Elsevier, vol. 92(1), pages 34-50.
    2. Horváth, Julius & Rátfai, Attila & Döme, Botond, 2008. "The border effect in small open economies," Economic Systems, Elsevier, vol. 32(1), pages 33-45, March.
    3. Bergin, Paul R. & Glick, Reuven, 2007. "Global price dispersion: Are prices converging or diverging?," Journal of International Money and Finance, Elsevier, vol. 26(5), pages 703-729, September.
    4. Jenny C. Aker & Michael W. Klein & Stephen A. O'Connell, 2015. "International and Intranational Market Segmentation and Integration in West Africa," NBER Chapters, in: African Successes, Volume IV: Sustainable Growth, pages 179-199, National Bureau of Economic Research, Inc.
    5. Lawrence Edwards & Neil Rankin, 2016. "Is Africa integrating? Evidence from product markets," The Journal of International Trade & Economic Development, Taylor & Francis Journals, vol. 25(2), pages 266-289, March.
    6. Mamello A Nchake & Lawrence Edwards & Tresor N Kaya, 2019. "The Size of the Border and Product Market Integration Between Lesotho and South Africa: A Production–Consumption Approach," Journal of African Economies, Centre for the Study of African Economies, vol. 28(1), pages 70-88.
    7. Joanna Wolszczak-Derlacz & Rembert De Blander, 2009. "Price convergence in the European Union and in the New Member States," Bank i Kredyt, Narodowy Bank Polski, vol. 40(2), pages 37-59.
    8. Kazuko Kano & Takashi Kano & Kazutaka Takechi, 2010. "Exaggerated Death of Distance: Revisiting Distance Effects on Regional Price Dispersions," CARF F-Series CARF-F-231, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo, revised May 2012.
    9. Ina Simonovska, 2010. "Income Differences and Prices of Tradables: Insights from an Online Retailer," NBER Working Papers 16233, National Bureau of Economic Research, Inc.
    10. Andrade, Philippe & Zachariadis, Marios, 2016. "Global versus local shocks in micro price dynamics," Journal of International Economics, Elsevier, vol. 98(C), pages 78-92.
    11. A. Nchake Mamello & Edwards Lawrence & N. Kaya Tresor, 2017. "Working Paper 272 - Price effects of borders between Lesotho and South Africa," Working Paper Series 2389, African Development Bank.
    12. Jan-Egbert Sturm & Ulrich Fritsche & Michael Graff & Michael Lamla & Sarah Lein & Volker Nitsch & David Liechti & Daniel Triet, 2009. "The euro and prices: changeover-related inflation and price convergence in the euro area," European Economy - Economic Papers 2008 - 2015 381, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    13. Ina Simonovska, 2010. "Income differences and prices of tradables," Globalization Institute Working Papers 55, Federal Reserve Bank of Dallas.
    14. Michael Waugh & Ina Simonovska, 2012. "Different Trade Models, Different Trade Elasticities?," 2012 Meeting Papers 618, Society for Economic Dynamics.
    15. Malloy Brandon, 2018. "The Supply Network and Price Dispersion in the Canadian Gasoline Market," Review of Network Economics, De Gruyter, vol. 17(2), pages 75-107, June.
    16. Asha Sundaram & Lawrence Edwards & Neil Balchin, 2014. "A Disaggregated Analysis of Product Price Integration in the Southern African Development Community," Working Papers 421, Economic Research Southern Africa.
    17. Philippe Andrade & Marios Zachariadis, 2010. "Trends in International Prices," University of Cyprus Working Papers in Economics 02-2010, University of Cyprus Department of Economics.

  25. Mario J. Crucini & James A. Kahn, 2003. "Tariffs and the Great Depression revisited," Staff Reports 172, Federal Reserve Bank of New York.

    Cited by:

    1. Roman Sustek, 2011. "Monetary Business Cycle Accounting," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 14(4), pages 592-612, October.
    2. Paul Klein & Gustavo Ventura, 2018. "Taxation, Expenditures and the Irish Miracle," 2018 Meeting Papers 282, Society for Economic Dynamics.
    3. Bridji, Slim, 2013. "The French Great Depression: A business cycle accounting analysis," Explorations in Economic History, Elsevier, vol. 50(3), pages 427-445.
    4. Kris James Mitchener Author e-mail: kmitchener@scu.edu & Kirsten Wandschneider Author e-mail: kirsten.wandschneider@univie.ac.at & Kevin Hjortshøj O’Rourke Author e-mail: akevin.orourke@nyu.edu, 2021. "The Smoot-Hawley Trade War," Working Papers 20210061, New York University Abu Dhabi, Department of Social Science, revised Mar 2021.
    5. Kris James Mitchener & Kirsten Wandschneider & Kevin Hjortshøj O'Rourke, 2021. "The Smoot-Hawley Trade War," NBER Working Papers 28616, National Bureau of Economic Research, Inc.
    6. Naoussi, Claude Francis & Tripier, Fabien, 2013. "Trend shocks and economic development," Journal of Development Economics, Elsevier, vol. 103(C), pages 29-42.

  26. Mario J Crucini & Mototsugu Shintani, 2002. "Persistence in Law-of-One-Price Deviations: Evidence From Micro-Price Data," NajEcon Working Paper Reviews 506439000000000019, www.najecon.org.

    Cited by:

    1. Jaewoo Lee, 2005. "Transfer Effect in National Price Levels," International Finance 0512004, University Library of Munich, Germany.
    2. Konstantin Gluschenko, 2004. "Analysing changes in market integration through a cross-sectional test for the law of one price," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 9(2), pages 135-149.
    3. Balázs Égert, 2007. "Real Convergence, Price Level Convergence and Inflation in Europe," Working Papers 267, Bruegel.
    4. Mario Crucini & Chris Telmer & Marios Zachariadis, "undated". "Understanding European Real Exchange Rates," GSIA Working Papers 227, Carnegie Mellon University, Tepper School of Business.
    5. James E. Anderson & Eric van Wincoop, 2004. "Trade Costs," Journal of Economic Literature, American Economic Association, vol. 42(3), pages 691-751, September.
    6. Balazs Egert, 2007. "Real Convergence, Price Level Convergence and Inflation Differentials in Europe," William Davidson Institute Working Papers Series wp895, William Davidson Institute at the University of Michigan.
    7. Janet Ceglowski, 2006. "Is the Border Really That Wide?," Review of International Economics, Wiley Blackwell, vol. 14(3), pages 392-413, August.
    8. Joanna Wolszczak-Derlacz, 2008. "Price convergence in the EU—an aggregate and disaggregate approach," International Economics and Economic Policy, Springer, vol. 5(1), pages 25-47, July.
    9. Crucini, Mario J. & Shintani, Mototsugu, 2008. "Persistence in law of one price deviations: Evidence from micro-data," Journal of Monetary Economics, Elsevier, vol. 55(3), pages 629-644, April.
    10. Eyal Baharad & Benjamin Eden, 2004. "Price Rigidity and Price Dispersion: Evidence from Micro Data," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 7(3), pages 613-641, July.
    11. Mototsugu Shintani, 2002. "A Nonparametric Measure of Convergence Toward Purchasing Power Parity," Vanderbilt University Department of Economics Working Papers 0219, Vanderbilt University Department of Economics, revised Jul 2004.
    12. Andrés Bonino Gayoso, 2019. "Convergencia de precios en el largo plazo en Uruguay. Evidencia empírica para 4 bienes," Documentos de Trabajo (working papers) 0119, Department of Economics - dECON.
    13. Shiu-Sheng Chen & Charles Engel, 2004. "Does "Aggregation Bias" Explain the PPP Puzzle?," NBER Working Papers 10304, National Bureau of Economic Research, Inc.
    14. Yuriy Gorodnichenko & Linda Tesar, 2005. "A Re-Examination of the Border Effect," NBER Working Papers 11706, National Bureau of Economic Research, Inc.
    15. Mario J. Crucini & Christopher I. Telmer, 2012. "Microeconomic Sources of Real Exchange Rate Variability," NBER Working Papers 17978, National Bureau of Economic Research, Inc.
    16. Jenkins, Michael A. & Snaith, Sean M., 2005. "Tests of Purchasing Power Parity via cointegration analysis of heterogeneous panels with consumer price indices," Journal of Macroeconomics, Elsevier, vol. 27(2), pages 345-362, June.
    17. Masao Ogaki & Sungwook Park, 2007. "Long-run real exchange rate changes and the properties of the variance of k-differences," Working Papers 07-05, Ohio State University, Department of Economics.

  27. Mario J. Crucini & Mototsugu Shintani, 2002. "Persistence in Law-Of-One-Price Deviations: Evidence from Micro-Data," Vanderbilt University Department of Economics Working Papers 0222, Vanderbilt University Department of Economics, revised Jul 2004.

    Cited by:

    1. Jaewoo Lee, 2005. "Transfer Effect in National Price Levels," International Finance 0512004, University Library of Munich, Germany.
    2. Jean M. Imbs & Haroon Mumtaz & Morten O. Ravn & Hélène Rey, 2010. "One TV, One Price?," Scandinavian Journal of Economics, Wiley Blackwell, vol. 112(4), pages 753-781, December.
    3. Bergin, Paul R. & Glick, Reuven, 2007. "Global price dispersion: Are prices converging or diverging?," Journal of International Money and Finance, Elsevier, vol. 26(5), pages 703-729, September.
    4. Konstantin Gluschenko, 2004. "Analysing changes in market integration through a cross-sectional test for the law of one price," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 9(2), pages 135-149.
    5. Talavera, Oleksandr & Gorodnichenko, Yuriy, 2015. "Price setting in online markets: Basic facts, international comparisons, and cross-border integration," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 112885, Verein für Socialpolitik / German Economic Association.
    6. Dang, Vinh Q.T. & So, Erin P.K. & Yang, Alan Yu & Chan, Kenneth S., 2020. "China and international market integration: Evidence from the law of one price in the Middle East and Africa," The North American Journal of Economics and Finance, Elsevier, vol. 54(C).
    7. Crucini, Mario J. & Shintani, Mototsugu & Tsuruga, Takayuki, 2010. "Accounting for persistence and volatility of good-level real exchange rates: The role of sticky information," Journal of International Economics, Elsevier, vol. 81(1), pages 48-60, May.
    8. Balázs Égert, 2007. "Real Convergence, Price Level Convergence and Inflation in Europe," Working Papers 267, Bruegel.
    9. Matteo Pelagatti & Emilio Colombo, 2012. "Unpuzzling the Purchasing Power Parity Puzzle," Working Papers 221, University of Milano-Bicocca, Department of Economics, revised Mar 2012.
    10. Chong, Terence Tai Leung & Zhu, Tingting & Rafiq, M.S., 2013. "Are Prices Sticky in Large Developing Economies? An Empirical Comparison of China and India," MPRA Paper 60985, University Library of Munich, Germany.
    11. Kim, Hyeongwoo & Ryu, Deockhyun, 2015. "A nonparametric study of real exchange rate persistence over a century," International Review of Economics & Finance, Elsevier, vol. 37(C), pages 406-418.
    12. Mario J. Crucini & Mototsugu Shintani & Takayuki Tsuruga, 2014. "Noisy information, distance and law of one price dynamics across US cities," Globalization Institute Working Papers 216, Federal Reserve Bank of Dallas.
    13. Kakkar, Vikas & Yan, Isabel, 2014. "Determinants of real exchange rates: An empirical investigation," BOFIT Discussion Papers 1/2014, Bank of Finland Institute for Emerging Economies (BOFIT).
    14. Rahul Giri, 2010. "Local Costs of Distribution, International Trade Costs and Micro Evidence on the Law of One Price," Working Papers 1001, Centro de Investigacion Economica, ITAM.
    15. Pau Rabanal & Juan F. Rubio-Ramirez & Vicente Tuesta, 2009. "Cointegrated TFP processes and international business cycles," FRB Atlanta Working Paper 2009-23, Federal Reserve Bank of Atlanta.
    16. Elberg, Andrés, 2016. "Sticky prices and deviations from the Law of One Price: Evidence from Mexican micro-price data," Journal of International Economics, Elsevier, vol. 98(C), pages 191-203.
    17. Cristina Terra & Frederico Valladares, 2009. "Real Exchange Rate Misalignments," THEMA Working Papers 2009-03, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
    18. Kitenge, Erick M. & Morshed, A.K.M. Mahbub, 2019. "Price convergence among Indian cities: The role of linguistic differences, topography, and aggregation," Journal of Asian Economics, Elsevier, vol. 61(C), pages 34-50.
    19. Meher Manzur, 2018. "Exchange rate economics is always and everywhere controversial," Applied Economics, Taylor & Francis Journals, vol. 50(3), pages 216-232, January.
    20. Mario J. Crucini & Anthony Landry, 2012. "Accounting for real exchange rates using micro-data," Globalization Institute Working Papers 108, Federal Reserve Bank of Dallas.
    21. Mario Crucini & Chris Telmer & Marios Zachariadis, "undated". "Understanding European Real Exchange Rates," GSIA Working Papers 227, Carnegie Mellon University, Tepper School of Business.
    22. James E. Anderson & Eric van Wincoop, 2004. "Trade Costs," Journal of Economic Literature, American Economic Association, vol. 42(3), pages 691-751, September.
    23. Michele Ca' Zorzi & Jakub Muck & Michal Rubaszek, 2015. "Real exchange rate forecasting and ppp: this time the random walk loses," Globalization Institute Working Papers 229, Federal Reserve Bank of Dallas.
    24. J. M. Belbute & Júlio A. Delgado & Suzana C. Monteiro & Teresa E. Pascoa, 2016. "Measuring persistence in nominal exchange rate: Implications for Angola’s entrepreneurship and business development," International Journal of Finance, Insurance and Risk Management, International Journal of Finance, Insurance and Risk Management, vol. 6(3), pages 1180-1180.
    25. Kim, Hyeongwoo & Moh, Young-Kyu, 2010. "A century of purchasing power parity confirmed: The role of nonlinearity," Journal of International Money and Finance, Elsevier, vol. 29(7), pages 1398-1405, November.
    26. Choi, Chi-Young & Choi, Horag, 2016. "The role of two frictions in geographic price dispersion: When market friction meets nominal rigidity," Journal of International Money and Finance, Elsevier, vol. 63(C), pages 1-27.
    27. Mark Witte & Rachel Williams, 2014. "Duopolists’ Retail Pricing Behavior in Multiple Markets," Journal of Industry, Competition and Trade, Springer, vol. 14(1), pages 67-81, March.
    28. Balazs Egert, 2007. "Real Convergence, Price Level Convergence and Inflation Differentials in Europe," William Davidson Institute Working Papers Series wp895, William Davidson Institute at the University of Michigan.
    29. Martin Berka & Michael B. Devereux, 2010. "What determines European real exchange rates?," Globalization Institute Working Papers 46, Federal Reserve Bank of Dallas.
    30. Martin, Philippe & Mayer, Thierry & Berman, Nicolas, 2009. "How do different exporters react to exchange rate changes? Theory, empirics and aggregate implications," CEPR Discussion Papers 7493, C.E.P.R. Discussion Papers.
    31. Martin Berka & Michael B. Devereux & Charles Engel, 2017. "Real Exchange Rates and Sectoral Productivity in the Eurozone," Working Papers 1, New Zealand Centre of Macroeconomics.
    32. Ahmad, Yamin & Craighead, William D., 2011. "Temporal aggregation and purchasing power parity persistence," Journal of International Money and Finance, Elsevier, vol. 30(5), pages 817-830, September.
    33. Laura Mayoral, 2009. "Heterogeneous dynamics, aggregation and the persistence of economic shocks," UFAE and IAE Working Papers 786.09, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
    34. Berk, Jan Marc & Swank, Job, 2011. "Price level convergence and regional Phillips curves in the US and EMU," Journal of International Money and Finance, Elsevier, vol. 30(5), pages 749-763, September.
    35. François Fontaine & Julien Martin & Isabelle Mejean, 2019. "Price Discrimination within and across EMU Markets: Evidence from French Exporters," NBER Working Papers 26246, National Bureau of Economic Research, Inc.
    36. DavidC. Parsley & Shang-Jin Wei, 2007. "A Prism into the PPP Puzzles: The Micro-Foundations of Big Mac Real Exchange Rates," Economic Journal, Royal Economic Society, vol. 117(523), pages 1336-1356, October.
    37. Thanasis Stengos & M. Ege Yazgan, 2012. "Persistence in Real Exchange Rate Convergence," Working Papers 1207, University of Guelph, Department of Economics and Finance.
    38. Ca' Zorzi, Michele & Kolasa, Marcin & Rubaszek, Michał, 2016. "Exchange rate forecasting with DSGE models," Working Paper Series 1905, European Central Bank.
    39. Eberhardt, Markus & Bernhofen, Daniel M & Morgan, Stephen & Li, Jianan, 2016. "Assessing market (dis)integration in early modern China and Europe," CEPR Discussion Papers 11288, C.E.P.R. Discussion Papers.
    40. de Souza, João Paulo A. & Gómez-Ramírez, Leopoldo, 2018. "The paradox of Mexico's export boom without growth: A demand-side explanation," Structural Change and Economic Dynamics, Elsevier, vol. 47(C), pages 96-113.
    41. Thomas Y. Mathä, 2008. "Regional mc parity: do common pricing points reduce deviations from the law of one price?," BCL working papers 34, Central Bank of Luxembourg.
    42. Marianne Baxter & Anthony Landry, 2012. "IKEA: product, pricing, and pass-through," Proceedings, Federal Reserve Bank of San Francisco, issue Nov, pages 1-32.
    43. Joanna Wolszczak-Derlacz & Rembert De Blander, 2009. "Price convergence in the European Union and in the New Member States," Bank i Kredyt, Narodowy Bank Polski, vol. 40(2), pages 37-59.
    44. Alam, Md. Rafayet & Morshed, A.K.M. Mahbub, 2021. "Price dispersion across U.S. cities: The role of Walmart," Economic Analysis and Policy, Elsevier, vol. 71(C), pages 227-237.
    45. Dmitry Kulikov, 2015. "Law of One Price in the euro area: an empirical investigation using Nielsen disaggregated price data," Bank of Estonia Working Papers wp2014-10, Bank of Estonia, revised 20 Jan 2015.
    46. Hyeongwoo Kim & Masao Ogaki, 2011. "Purchasing Power Parity and the Taylor Rule," Auburn Economics Working Paper Series auwp2011-02, Department of Economics, Auburn University.
    47. Dvir, Eyal & Strasser, Georg, 2017. "Does marketing widen borders? Cross-country price dispersion in the European car market," Working Paper Series 2059, European Central Bank.
    48. Hyeongwoo Kim & Young-Kyu Moh, 2012. "The Yen Real Exchange Rate May Not be Stationary After All: New Evidence from Non-linear Unit-Root Tests," Economic Analysis (Quarterly), Economic Research Institute, Bank of Korea, vol. 18(4), pages 1-22, December.
    49. Inkoo LEE & Jonghyup SHIN, 2008. "Real Exchange Rate Dynamics in the Presence of Nontraded Goods and Transaction Costs," Finance Working Papers 21964, East Asian Bureau of Economic Research.
    50. Boivin, Jean & Clark, Robert & Vincent, Nicolas, 2012. "Virtual borders," Journal of International Economics, Elsevier, vol. 86(2), pages 327-335.
    51. Herz, Benedikt & Mejer, Malwina, 2021. "The effect of design protection on price and price dispersion: Evidence from automotive spare parts," International Journal of Industrial Organization, Elsevier, vol. 79(C).
    52. Virgiliu Midrigan, 2005. "International Price Dispersion in State-Dependent Pricing Models," International Finance 0511001, University Library of Munich, Germany.
    53. Carlos Carvalho & Fernanda Nechio, 2008. "Aggregation and the PPP puzzle in a sticky-price model," Staff Reports 351, Federal Reserve Bank of New York.
    54. Robertson, Raymond & Kumar, Anil & Dutkowsky, Donald H., 2009. "Purchasing Power Parity and aggregation bias for a developing country: The case of Mexico," Journal of Development Economics, Elsevier, vol. 90(2), pages 237-243, November.
    55. Vinh Q. T. Dang & Yu (Alan) Yang, 2017. "Assessing Market Integration in ASEAN with Retail Price Data," Pacific Economic Review, Wiley Blackwell, vol. 22(4), pages 510-532, October.
    56. Kim, Soyoung & Lee, Jong-Wha, 2008. "Real and Financial Integration in East Asia," Working Papers on Regional Economic Integration 17, Asian Development Bank.
    57. Gita Gopinath & Pierre-Olivier Gourinchas & Chang-Tai Hsieh & Nicholas Li, 2011. "International Prices, Costs, and Markup Differences," American Economic Review, American Economic Association, vol. 101(6), pages 2450-2486, October.
    58. Ho Wai-Ming, 2020. "Liquidity constraints, international trade, and optimal monetary policy," The B.E. Journal of Macroeconomics, De Gruyter, vol. 20(2), pages 1-29, June.
    59. Marina Glushenkova & Andros Kourtellos & Marios Zachariadis, 2016. "Barriers to price convergence," University of Cyprus Working Papers in Economics 02-2016, University of Cyprus Department of Economics.
    60. Ina Simonovska, 2010. "Income Differences and Prices of Tradables: Insights from an Online Retailer," NBER Working Papers 16233, National Bureau of Economic Research, Inc.
    61. Yothin Jinjarak & Kanda Naknoi, 2013. "Real Exchange Rate Fluctuations, Wage Stickiness and Tradability," Working papers 2013-01, University of Connecticut, Department of Economics.
    62. Mario J. Crucini & Mototsugu Shintani & Takayuki Tsuruga, 2020. "A Behavioral Explanation for the Puzzling Persistence of the Aggregate Real Exchange Rate," NBER Working Papers 27420, National Bureau of Economic Research, Inc.
    63. Mayoral, Laura & Dolores Gadea, María, 2011. "Aggregate real exchange rate persistence through the lens of sectoral data," Journal of Monetary Economics, Elsevier, vol. 58(3), pages 290-304.
    64. Raphael A. Auer & Thomas Chaney & Philip U. Sauré, 2012. "Quality Pricing-to-Market," Working Papers 2012-11, Swiss National Bank.
    65. Hiranya K. Nath & Natalie Hegwood, 2012. "Structural Breaks and Relative Price Convergence among U.S. Cities," Working Papers 1204, Sam Houston State University, Department of Economics and International Business.
    66. Paul Bergin & Reuven Glick, 2005. "Tradability, Productivity, and Understanding International Economic Integration," Working Papers 294, University of California, Davis, Department of Economics.
    67. Roberto S. Mariano, 2011. "Comment on "The Consumption Terms of Trade and Commodity Prices"," NBER Chapters, in: Commodity Prices and Markets, pages 145-146, National Bureau of Economic Research, Inc.
    68. Jean Boivin & Robert Clark & Nicolas Vincent, 2010. "Virtual Borders: Online Nominal Rigidities and International Market Segmentation," NBER Working Papers 15642, National Bureau of Economic Research, Inc.
    69. Kenneth Clements & Jiawei Si & Long H. Vo, 2019. "The Law of One Food Price," Economics Discussion / Working Papers 19-09, The University of Western Australia, Department of Economics.
    70. LAN, Yuexing & SYLWESTER, Kevin, 2010. "Does the law of one price hold in China? Testing price convergence using disaggregated data," China Economic Review, Elsevier, vol. 21(2), pages 224-236, June.
    71. Strasser, Georg, 2013. "Exchange rate pass-through and credit constraints," Journal of Monetary Economics, Elsevier, vol. 60(1), pages 25-38.
    72. Andrade, Philippe & Zachariadis, Marios, 2016. "Global versus local shocks in micro price dynamics," Journal of International Economics, Elsevier, vol. 98(C), pages 78-92.
    73. A. Nchake Mamello & Edwards Lawrence & N. Kaya Tresor, 2017. "Working Paper 272 - Price effects of borders between Lesotho and South Africa," Working Paper Series 2389, African Development Bank.
    74. Corsetti, G. & Han, L. & Crowley, M. & Song, H., 2018. "Markets and Markups: Evidence on the Rising Market Power of Exporters from China," Cambridge Working Papers in Economics 1815, Faculty of Economics, University of Cambridge.
    75. Joanna Wolszczak-Derlacz, 2008. "Price convergence in the EU—an aggregate and disaggregate approach," International Economics and Economic Policy, Springer, vol. 5(1), pages 25-47, July.
    76. Lein‐Lein Chen & Seungmook Choi & John Devereux, 2015. "Explaining price level differences: New evidence on the Balassa–Samuelson effect," Southern Economic Journal, John Wiley & Sons, vol. 82(1), pages 81-99, July.
    77. Hakan Yilmazkuday & Mario Crucini, 2009. "A Model of International Cities: Implications for Real Exchange Rates," 2009 Meeting Papers 1271, Society for Economic Dynamics.
    78. Crucini, Mario J. & Shintani, Mototsugu, 2008. "Persistence in law of one price deviations: Evidence from micro-data," Journal of Monetary Economics, Elsevier, vol. 55(3), pages 629-644, April.
    79. Ravn, Morten & Uribe, Martín & Schmitt-Grohé, Stephanie, 2007. "Pricing to Habits and the Law of One Price," CEPR Discussion Papers 6030, C.E.P.R. Discussion Papers.
    80. Inkoo Lee & Sang Soo Park & Marios Zachariadis, 2023. "Non‐linearities in international prices," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 56(3), pages 1032-1062, August.
    81. Ming-Jen Chang, 2016. "Half-Life Deviations From Purchasing Power Parity: Evidence From Pacific Rim Countries," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 61(04), pages 1-20, September.
    82. Yilmazkuday, Hakan, 2023. "Drivers of inflation convergence across countries: the role of standard gravity variables," Macroeconomic Dynamics, Cambridge University Press, vol. 27(6), pages 1664-1686, September.
    83. Vikas Kakkar & Isabel Yan, 2012. "Real Exchange Rates and Productivity: Evidence from Asia," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 44(2‐3), pages 301-322, March.
    84. Stewart, Chris, 2023. "The autoregressive distributed lag bounds test generalised to consider a long-run levels relationship when all levels variables are 𝑰(𝟎)," Economics Discussion Papers 2023-2, School of Economics, Kingston University London.
    85. David Fielding & Christopher Hajzler & James Macgee, 2015. "Distance, Language, Religion, and the Law of One Price: Evidence from Canada and Nigeria," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 47(5), pages 1007-1029, August.
    86. Bruno Versailles, 2012. "Market Intergration and Border Effects in Eastern Africa," CSAE Working Paper Series 2012-01, Centre for the Study of African Economies, University of Oxford.
    87. Choi, Chi-Young & Matsubara, Kiyoshi, 2007. "Heterogeneity in the persistence of relative prices: What do the Japanese cities tell us?," Journal of the Japanese and International Economies, Elsevier, vol. 21(2), pages 260-286, June.
    88. Eyal Baharad & Benjamin Eden, 2004. "Price Rigidity and Price Dispersion: Evidence from Micro Data," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 7(3), pages 613-641, July.
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    90. Pippenger, John, 2015. "Arbitrage and the Law of One Price: Setting the Record Straight," University of California at Santa Barbara, Economics Working Paper Series qt27t4q265, Department of Economics, UC Santa Barbara.
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    85. Lein‐Lein Chen & Seungmook Choi & John Devereux, 2015. "Explaining price level differences: New evidence on the Balassa–Samuelson effect," Southern Economic Journal, John Wiley & Sons, vol. 82(1), pages 81-99, July.
    86. Rogers, John H., 2007. "Monetary union, price level convergence, and inflation: How close is Europe to the USA?," Journal of Monetary Economics, Elsevier, vol. 54(3), pages 785-796, April.
    87. Marina Glushenkova & Marios Zachariadis, 2020. "How different are Monetary Unions to national economies according to prices?," University of Cyprus Working Papers in Economics 01-2020, University of Cyprus Department of Economics.
    88. Hakan Yilmazkuday & Mario Crucini, 2009. "A Model of International Cities: Implications for Real Exchange Rates," 2009 Meeting Papers 1271, Society for Economic Dynamics.
    89. Crucini, Mario J. & Shintani, Mototsugu, 2008. "Persistence in law of one price deviations: Evidence from micro-data," Journal of Monetary Economics, Elsevier, vol. 55(3), pages 629-644, April.
    90. Inkoo Lee & Sang Soo Park & Marios Zachariadis, 2023. "Non‐linearities in international prices," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 56(3), pages 1032-1062, August.
    91. Yilmazkuday, Hakan, 2016. "Constant versus variable markups: Implications for the law of one price," International Review of Economics & Finance, Elsevier, vol. 44(C), pages 154-168.
    92. Marina Glushenkova & Marios Zachariadis, 2014. "Law-of-One-Price Deviations Before and After the Euro: The case of Cyprus," Cyprus Economic Policy Review, University of Cyprus, Economics Research Centre, vol. 8(2), pages 61-85, December.
    93. Federico Ravenna & Fabio M. Natalucci, 2008. "Monetary Policy Choices in Emerging Market Economies: The Case of High Productivity Growth," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 40(2-3), pages 243-271, March.
    94. Ray Chaudhuri, A., 2011. "Cross-Border Mergers and Market Segmentation (Replaces CentER DP 2010-096)," Other publications TiSEM e0199acd-6db8-4e78-a10c-a, Tilburg University, School of Economics and Management.
    95. Ogrokhina, Olena, 2015. "Market integration and price convergence in the European Union," Journal of International Money and Finance, Elsevier, vol. 56(C), pages 55-74.
    96. Choi, Chi-Young & Matsubara, Kiyoshi, 2007. "Heterogeneity in the persistence of relative prices: What do the Japanese cities tell us?," Journal of the Japanese and International Economies, Elsevier, vol. 21(2), pages 260-286, June.
    97. Daniel Murphy, 2019. "Demand complementarities and cross‐country price differences," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 52(1), pages 253-278, February.
    98. Paul R. Bergin & Reuven Glick & Jyh-Lin Wu, 2013. "The Micro-Macro Disconnect of Purchasing Power Parity," The Review of Economics and Statistics, MIT Press, vol. 95(3), pages 798-812, July.
    99. Choi, Jae Hoon & Song, Seongho, 2022. "Revisiting the PPP puzzle: Nominal exchange rate rigidity and region of inaction," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 78(C).
    100. Herz, Benedikt & Mejer, Malwina, 2020. "The effect of design protection on price and price dispersion: Evidence from automotive spare parts," MPRA Paper 109645, University Library of Munich, Germany, revised 01 Sep 2021.
    101. Chen, Lein-Lein & Choi, Seungmook & Devereux, John, 2015. "Accounting for real exchange rate changes at long time horizons," Journal of Macroeconomics, Elsevier, vol. 46(C), pages 264-277.
    102. Mario J Crucini & Mototsugu Shintani, 2002. "Persistence in Law-of-One-Price Deviations: Evidence From Micro-Price Data," Levine's Working Paper Archive 506439000000000019, David K. Levine.
    103. Leon Podkaminer, 2013. "Persistent gaps between purchasing power parities and exchange rates under the law of one price: a puzzle (partly) explained?," Bank i Kredyt, Narodowy Bank Polski, vol. 44(4), pages 333-352.
    104. Nada Hamadeh & Michel Mouyelo-Katoula & Paulus Konijn & Francette Koechlin, 2017. "Purchasing Power Parities of Currencies and Real Expenditures from the International Comparison Program: Recent Results and Uses," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 131(1), pages 23-42, March.
    105. Jiøí Schwarz, 2011. "Impact of Institutions on Cross-Border Price Dispersion," Working Papers IES 2011/30, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, revised Sep 2011.
    106. Crucini, Mario J. & Yilmazkuday, Hakan, 2014. "Understanding long-run price dispersion," Journal of Monetary Economics, Elsevier, vol. 66(C), pages 226-240.
    107. Rod Tyers & Jane Golley, 2007. "China’s Real Exchange Rate," ANU Working Papers in Economics and Econometrics 2007-479, Australian National University, College of Business and Economics, School of Economics.
    108. Ariel Burstein & Martin Eichenbaum & Sergio T. Rebelo, 2002. "Why Are Rates of Inflation So Low After Large Devaluations?," RCER Working Papers 486, University of Rochester - Center for Economic Research (RCER).
    109. Michael Dotsey & Margarida Duarte, 2006. "Nontraded goods, market segmentation, and exchange rates," Working Paper 06-03, Federal Reserve Bank of Richmond.
    110. Baba, Chikako, 2007. "Price dispersion across and within countries: The case of Japan and Korea," Journal of the Japanese and International Economies, Elsevier, vol. 21(2), pages 237-259, June.
    111. Messner, Teresa & Rumler, Fabio & Strasser, Georg, 2022. "Cross-country price and inflation dispersion: Retail network or national border," Single Market Economics Papers WP2022/11, Directorate-General for Internal Market, Industry, Entrepreneurship and SMEs (European Commission), Chief Economist Team.
    112. Charles Engel, 2002. "Expenditure Switching and Exchange Rate Policy," NBER Working Papers 9016, National Bureau of Economic Research, Inc.
    113. Lee, Inkoo & Park, Sangsoo, 2015. "The law of one price revisited: How do goods market frictions generate large and volatile price deviations?," Journal of Macroeconomics, Elsevier, vol. 46(C), pages 71-80.
    114. Roberto Rigobon & Brent Neiman & Alberto Cavallo, 2013. "Product Introductions, Currency Unions, and the Real Exchange Rate," 2013 Meeting Papers 1357, Society for Economic Dynamics.
    115. Gita Gopinath & Pierre-Olivier Gourinchas & Chang-Tai Hsieh & Nicholas Li, 2009. "Estimating the Border Effect: Some New Evidence," NBER Working Papers 14938, National Bureau of Economic Research, Inc.
    116. Kyriazis, Nikolaos & Corbet, Shaen, 2024. "The role of international currency spillovers in shaping exchange rate dynamics in Latin America," The Quarterly Review of Economics and Finance, Elsevier, vol. 94(C), pages 1-10.
    117. Frank Hefner & Mark David Witte, 2016. "Does Leaving the Eurozone Mean Leaving the Euro?," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 22(3), pages 279-294, August.
    118. Ariel Burstein & Martin Eichenbaum & Sergio Rebelo, 2003. "Why is Inflation so Low after Large Devaluations?," CERS-IE WORKING PAPERS 0308, Institute of Economics, Centre for Economic and Regional Studies.
    119. Fousekis, Panos & Grigoriadis, Vasilis, 2019. "Integration and Hierarchy of Pork Markets in the EU: An Analysis from the Vantage of Graph Theory," German Journal of Agricultural Economics, Humboldt-Universitaet zu Berlin, Department for Agricultural Economics, vol. 68(2), June.
    120. Berka, Martin, 2005. "General Equilibrium Model of Arbitrage Trade and Real Exchange Rate Persistence," MPRA Paper 234, University Library of Munich, Germany.
    121. Marios Zachariadis, 2010. "Immigration and International Prices," University of Cyprus Working Papers in Economics 03-2010, University of Cyprus Department of Economics.
    122. Hai Long Vo & Duc Hong Vo, 2023. "The purchasing power parity and exchange‐rate economics half a century on," Journal of Economic Surveys, Wiley Blackwell, vol. 37(2), pages 446-479, April.
    123. Rahul Giri & Kei-Mu Yi & Hakan Yilmazkuday, 2018. "Gains from Trade: Does Sectoral Heterogeneity Matter?," Globalization Institute Working Papers 341, Federal Reserve Bank of Dallas.
    124. Hakan, Yilmazkuday, 2009. "Is there a Role for International Trade Costs in Explaining the Central Bank Behavior?," MPRA Paper 15951, University Library of Munich, Germany.
    125. Yin-Wong Cheung & Eiji Fujii, 2008. "Deviations from the Law of One Price in Japan," CESifo Working Paper Series 2275, CESifo.
    126. Alberto Cavallo & Brent Neiman & Roberto Rigobon, 2014. "Currency Unions, Product Introductions, and the Real Exchange Rate," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 129(2), pages 529-595.
    127. Lee, Inkoo, 2010. "Geographic price dispersion in retail markets: Evidence from micro-data," Journal of Macroeconomics, Elsevier, vol. 32(4), pages 1169-1177, December.
    128. Steven Pennings & Rod Tyers, 2008. "Increasing Returns, Financial Capital Mobility and Real Exchange Rate Dynamics," The Economic Record, The Economic Society of Australia, vol. 84(s1), pages 141-158, September.
    129. Perevyshin, Yury (Перевышин, Юрий) & Sinelnikov-Murylev, Sergei Germanovich (Синельников-Мурылев, Сергей Германович) & Skrobotov, Anton (Скроботов, Антон) & Trunin, Pavel (Трунин, Павел), 2018. "Analysis of Regional Price Differentiations [Анализ Региональной Дифференциации Цен]," Published Papers 011801, Russian Presidential Academy of National Economy and Public Administration.
    130. Perevyshin, Yu. & Skrobotov, A., 2017. "The Price Convergence of Individual Goods in the Russian Regions," Journal of the New Economic Association, New Economic Association, vol. 35(3), pages 71-102.
    131. John H. Rogers, 2002. "Monetary union, price level convergence, and inflation: how close is Europe to the United States?," International Finance Discussion Papers 740, Board of Governors of the Federal Reserve System (U.S.).
    132. Ozlem Inanc & Marios Zachariadis, 2006. "International Price Dispersion and the Direction of Trade," University of Cyprus Working Papers in Economics 2-2006, University of Cyprus Department of Economics.
    133. Martin Falk, 2011. "International Price Differences in Ski Lift Tickets," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 147(III), pages 303-336, September.
    134. Dobronravova, Elizaveta & Perevyshin, Yury & Skrobotov, Anton & Shemyakina, Kira, 2019. "Limits of regional food price differences and invisible hand," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 53, pages 30-54.
    135. Hoste, J. & Verboven, F., 2024. "Uncovering the Sources of Cross-border Market Segmentation: Evidence from the EU and the US," Janeway Institute Working Papers 2408, Faculty of Economics, University of Cambridge.
    136. George Alessandria, 2005. "Consumer search, price dispersion, and international relative price volatility," Working Papers 05-9, Federal Reserve Bank of Philadelphia.
    137. Tommaso Monacelli & Luca Sala, 2009. "The International Dimension of Inflation: Evidence from Disaggregated Consumer Price Data," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 41(s1), pages 101-120, February.
    138. Asha Sundaram & Lawrence Edwards & Neil Balchin, 2014. "A Disaggregated Analysis of Product Price Integration in the Southern African Development Community," Working Papers 421, Economic Research Southern Africa.
    139. Fischer, Christoph, 2012. "Price convergence in the EMU? Evidence from micro data," European Economic Review, Elsevier, vol. 56(4), pages 757-776.
    140. Aurora Ascione, 2007. "Non-Price Competition and Exchange Rate Pass-Through," Economics Working Papers ECO2007/54, European University Institute.
    141. Rühl, Christian, 2016. "Size and welfare costs of price differences across European countries," CFS Working Paper Series 535, Center for Financial Studies (CFS).
    142. Ariel Burstein & Gita Gopinath, 2013. "International Prices and Exchange Rates," NBER Working Papers 18829, National Bureau of Economic Research, Inc.
    143. Özlem İnanç Tunçer, 2016. "İçgöç, Nüfus Yapısı ve Fiyat Farklılaşması: İstanbul Örneği," Yildiz Social Science Review, Yildiz Technical University, vol. 2(2), pages 53-74.
    144. Mario Gómez Aguirre & José Carlos A. Rodríguez Chávez, 2012. "Análisis de la paridad del poder de compra: evidencia empírica entre México y Estados Unidos," Estudios Económicos, El Colegio de México, Centro de Estudios Económicos, vol. 27(1), pages 169-207.
    145. Duo Qin & Marie Anne Cagas & Geoffrey Ducanes & Nedelyn Magtibay-Ramos & Pilipinas F. Quising, 2006. "Measuring Regional Market Integration by Dynamic Factor Error Correction Model (DF-ECM) Approach - The Case of Developing Asia," Working Papers 565, Queen Mary University of London, School of Economics and Finance.
    146. Giancarlo Corsetti & John Flemming & Seppo Honkapohja & Willi Leibfritz & Gilles Saint-Paul & Hans-Werner Sinn & Xavier Vives, 2002. "Prices, Wages and Inflation after the Euro - What Europeans Shoud or Should not Expect," EEAG Report on the European Economy, CESifo, vol. 0, pages 48-56, April.
    147. Mario J. Crucini & Christopher I. Telmer, 2012. "Microeconomic Sources of Real Exchange Rate Variability," NBER Working Papers 17978, National Bureau of Economic Research, Inc.
    148. Thomas Mathä, 2005. "Der Euro und Weiterführende Regionale Preiskonvergenz? Resultate aus der ‘Groß‐Region’ um Luxemburg," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 6(1), pages 57-70, February.
    149. Gluschenko, Konstantin, 2006. "Biases in cross-spave comparisons through cross-time price indexes: the case of Russia," BOFIT Discussion Papers 9/2006, Bank of Finland Institute for Emerging Economies (BOFIT).
    150. Mario Crucini & Christopher Telmer, 2020. "Microeconomic Sources of Real Exchange Rate Variation," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 38, pages 22-40, October.
    151. Christian Broda & David E. Weinstein, 2008. "Understanding International Price Differences Using Barcode Data," NBER Working Papers 14017, National Bureau of Economic Research, Inc.
    152. Laura Mayoral & María Dolores Gadea, 2009. "Analyzing aggregate real exchange rate persistence through the lens of sectoral data," Working Papers 399, Barcelona School of Economics.
    153. Marios Zachariadis, 2002. "Productivity and Prices in Europe: Micro-Evidence for the Period 1975 to 1990," Departmental Working Papers 2002-12, Department of Economics, Louisiana State University.
    154. MarioJ. Crucini & Mototsugu Shintani & Takayuki Tsuruga, 2010. "The Law of One Price without the Border: The Role of Distance versus Sticky Prices," Economic Journal, Royal Economic Society, vol. 120(544), pages 462-480, May.
    155. Chi-Young Choi & Anthony Murphy & Jyh-Lin Wu, 2017. "Segmentation of consumer markets in the US: What do intercity price differences tell us?," Canadian Journal of Economics, Canadian Economics Association, vol. 50(3), pages 738-777, August.
    156. Amrita Ray Chaudhuri, 2014. "Cross-Border Mergers and Market Segmentation," Journal of Industrial Economics, Wiley Blackwell, vol. 62(2), pages 229-257, June.
    157. Chaban, Maxym, 2011. "Home bias, distribution services and determinants of real exchange rates," Journal of Macroeconomics, Elsevier, vol. 33(4), pages 793-806.
    158. Robertson, Raymond & Kumar, Anil & Dutkowsky, Donald H., 2014. "Weak-form and strong-form purchasing power parity between the US and Mexico: A panel cointegration investigation," Journal of Macroeconomics, Elsevier, vol. 42(C), pages 241-262.
    159. Philipp Maier, 2010. "An Analysis Of International Price Differentials On Ebay," Contemporary Economic Policy, Western Economic Association International, vol. 28(3), pages 307-321, July.
    160. Thomas Mathä, 2003. "What to expect of the euro? Analysing price differences of individual products in Luxembourg and its surrounding regions," BCL working papers 8, Central Bank of Luxembourg.
    161. Rühl, Christian, 2016. "Size and welfare costs of price differences across European countries," VfS Annual Conference 2016 (Augsburg): Demographic Change 145701, Verein für Socialpolitik / German Economic Association.
    162. Paul R. Bergin & Reuven Glick, 2017. "Endogenous Tradability and Some Macroeconomic Implications," World Scientific Book Chapters, in: International Macroeconomic Interdependence, chapter 7, pages 187-210, World Scientific Publishing Co. Pte. Ltd..
    163. Joseph Kaboski & George Alessandria, 2005. "Violating Purchasing Power Parity," 2005 Meeting Papers 807, Society for Economic Dynamics.
    164. Andres Elberg, 2014. "Temporal Aggregation and Convergence to the Law of One Price: Evidence from Micro Data," Working Papers 53, Facultad de Economía y Empresa, Universidad Diego Portales.
    165. Rod Tyers & Jane Golley & Iain Bain, 2007. "China'S Real Exchange Rate Puzzle," CAMA Working Papers 2007-14, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    166. Mario J. Crucini, 2006. "International Real Business Cycles," Vanderbilt University Department of Economics Working Papers 0617, Vanderbilt University Department of Economics.
    167. Richard Friberg, 2003. "Common Currency, Common Market?," CERS-IE WORKING PAPERS 0305, Institute of Economics, Centre for Economic and Regional Studies.
    168. Papell, David H. & Prodan, Ruxandra, 2020. "Long-run purchasing power parity redux," Journal of International Money and Finance, Elsevier, vol. 109(C).
    169. Witte, Mark David, 2009. "The currency denomination of external European Union imports after European Union expansion," Economic Systems, Elsevier, vol. 33(3), pages 245-258, September.
    170. Philippe Andrade & Marios Zachariadis, 2010. "Trends in International Prices," University of Cyprus Working Papers in Economics 02-2010, University of Cyprus Department of Economics.
    171. Masao Ogaki & Sungwook Park, 2007. "Long-run real exchange rate changes and the properties of the variance of k-differences," Working Papers 07-05, Ohio State University, Department of Economics.
    172. Stewart, Chris, 2023. "Re-evaluating whether absolute or relative purchasing power parity is being tested when using price indices," Economics Discussion Papers 2023-1, School of Economics, Kingston University London.
    173. Marina Glushenkova & Marios Zachariadis, 2020. "Understanding post-Crisis price deviations in Europe: Disintegration or mere adjustment?," Empirical Economics, Springer, vol. 58(4), pages 1797-1814, April.

  29. Mario J. Crucini & Chris I. Telmer & Marios Zachariadis, 2000. "Dispersion in Real Exchange Rates," Vanderbilt University Department of Economics Working Papers 0013, Vanderbilt University Department of Economics.

    Cited by:

    1. Gil Pareja, Salvador & Sosvilla Rivero, Simon, 2004. "Export market integration in the European Union," Journal of Applied Economics, Universidad del CEMA, vol. 7(2), pages 1-31, November.
    2. David C. Parsley & Shang-Jin Wei, 2000. "Explaining the Border Effect: The Role of Exchange Rate Variability, Shipping Costs, and Geography," NBER Working Papers 7836, National Bureau of Economic Research, Inc.
    3. James E. Anderson & Eric van Wincoop, 2004. "Trade Costs," Journal of Economic Literature, American Economic Association, vol. 42(3), pages 691-751, September.
    4. Chen, Natalie, 2002. "The Behaviour of Relative Prices in the European Union: A Sectoral Analysis," CEPR Discussion Papers 3320, C.E.P.R. Discussion Papers.
    5. Berka, Martin, 2006. "Non-linear adjustment in law of one price deviations and physical characteristics of goods," MPRA Paper 8606, University Library of Munich, Germany, revised Dec 2007.
    6. Verboven, Frank & Goldberg, Pinelopi, 2001. "Market Integration and Convergence to the Law of One Price: Evidence from the European Car Market," CEPR Discussion Papers 2926, C.E.P.R. Discussion Papers.
    7. Mr. David C. Parsley & Shang-Jin Wei, 2001. "Limiting Currency Volatility to Stimulate Goods Market Integration: A Price-Based Approach," IMF Working Papers 2001/197, International Monetary Fund.
    8. John H. Rogers, 2001. "Price level convergence, relative prices, and inflation in Europe," International Finance Discussion Papers 699, Board of Governors of the Federal Reserve System (U.S.).
    9. Beck, Günter W., 2003. "Nominal exchange rate regimes and relative price dispersion: On the importance of nominal exchange rate volatility for the width of the border," CFS Working Paper Series 2003/45, Center for Financial Studies (CFS).
    10. David C. Parsley & Shang-Jin Wei, 2004. "A Price Based Approach To Estimate The Effects Of Monetary Arrangements On Trade Integration," Development Working Papers 185, Centro Studi Luca d'Agliano, University of Milano.
    11. Yuriy Gorodnichenko & Linda Tesar, 2005. "A Re-Examination of the Border Effect," NBER Working Papers 11706, National Bureau of Economic Research, Inc.
    12. David Parsley Shang-Jin Wei, 2002. "Currency Arrangements And Goods Market Integration: A Price Based Approach," International Finance 0211004, University Library of Munich, Germany.
    13. Marios Zachariadis, 2002. "Productivity and Prices in Europe: Micro-Evidence for the Period 1975 to 1990," Departmental Working Papers 2002-12, Department of Economics, Louisiana State University.
    14. MacDonald, Ronald & Ricci, Luca Antonio, 2007. "Real exchange rates, imperfect substitutability, and imperfect competition," Journal of Macroeconomics, Elsevier, vol. 29(4), pages 639-664, December.
    15. Jenkins, Michael A. & Snaith, Sean M., 2005. "Tests of Purchasing Power Parity via cointegration analysis of heterogeneous panels with consumer price indices," Journal of Macroeconomics, Elsevier, vol. 27(2), pages 345-362, June.
    16. Weber, Axel A. & Beck, Guenter, 2003. "How wide are European borders? On the integration effects of monetary unions," CFS Working Paper Series 2001/07, Center for Financial Studies (CFS).

  30. Mario J Crucini & Gregory D. Hess, 1999. "International and Intranational Risk Sharing," CESifo Working Paper Series 227, CESifo.

    Cited by:

    1. Ralph Chami & Gregory D. Hess, 2002. "For Better or For Worse? State-Level Marital Formation and Risk Sharing," CESifo Working Paper Series 702, CESifo.
    2. Attilio Gardini & Giuseppe Cavaliere & Luca Fanelli, 2006. "Risk sharing, avversione al rischio e stabilizzazione delle economie regionali in Italia," Quaderni di Dipartimento 0, Department of Statistics, University of Bologna.
    3. Becker, Sascha & Hoffmann, Mathias, 2008. "Equity Fund Ownership and the Cross-Regional Diversification of Household Risk," Stirling Economics Discussion Papers 2008-25, University of Stirling, Division of Economics.
    4. Pierfederico Asdrubali & Soyoung Kim, 2007. "Incomplete Intertemporal Consumption Smoothing and Incomplete Risksharing," Discussion Paper Series 0725, Institute of Economic Research, Korea University.
    5. Davide Furceri, 2004. "Does the EMU Need a Fiscal Transfer Mechanism?," Vierteljahrshefte zur Wirtschaftsforschung / Quarterly Journal of Economic Research, DIW Berlin, German Institute for Economic Research, vol. 73(3), pages 418-428.
    6. Viktoria Hnatkovska & Michael Devereux, 2009. "International and Intra-national Real Exchange Rates: Evidence and Theory," 2009 Meeting Papers 1213, Society for Economic Dynamics.
    7. Artis, Michael, 2006. "What Do We Now Know About Currency Unions?," CEPR Discussion Papers 5677, C.E.P.R. Discussion Papers.
    8. Marco Del Negro, 2000. "Asymmetric shocks among U.S. states," FRB Atlanta Working Paper 2000-27, Federal Reserve Bank of Atlanta.
    9. Pierucci, Eleonora & Ventura, Luigi, 2012. "International risk sharing and globalization," MPRA Paper 35869, University Library of Munich, Germany.
    10. Okawa, Yohei & van Wincoop, Eric, 2012. "Gravity in International Finance," Journal of International Economics, Elsevier, vol. 87(2), pages 205-215.
    11. Vincent Labhard & Michael Sawicki, 2006. "International and intranational consumption risk sharing: the evidence for the United Kingdom and OECD," Bank of England working papers 302, Bank of England.
    12. Claude DUPUY & Matthieu MONTALBAN & Sylvain MOURA, 2009. "Finance and Industrial Dynamics (In French)," Cahiers du GREThA (2007-2019) 2009-24, Groupe de Recherche en Economie Théorique et Appliquée (GREThA).
    13. Soyoung Kim & Jong-Wha Lee & Kwanho Shin, 2006. "Regional and Global Financial Integration in East Asia," Discussion Paper Series 0602, Institute of Economic Research, Korea University.
    14. Davide Furceri, 2002. "Risk-sharing e architettura istituzionale delle politiche di stabilizzazione nell'UME: aspetti metodologici e verifica empirica," Rivista di Politica Economica, SIPI Spa, vol. 92(6), pages 175-210, November-.
    15. Jüßen, Falko, 2006. "Interregional Risk Sharing and Fiscal Redistribution in Reunified Germany," Technical Reports 2006,40, Technische Universität Dortmund, Sonderforschungsbereich 475: Komplexitätsreduktion in multivariaten Datenstrukturen.
    16. Michel A. Robe & Stephane Pallage, 2003. "The States vs. the states: On the Welfare Cost of Business Cycles in the U.S," Computing in Economics and Finance 2003 43, Society for Computational Economics.
    17. Du, Julan & He, Qing & Rui, Oliver M., 2011. "Channels of Interprovincial Consumption Risk Sharing in the People’s Republic of China," ADBI Working Papers 334, Asian Development Bank Institute.
    18. Lee E. Ohanian & Paulina Restrepo-Echavarria & Mark L. J. Wright, 2013. "Bad Investments and Missed Opportunities? Capital Flows to Asia and Latin America, 1950-2007," Working Papers 2014-38, Federal Reserve Bank of St. Louis.
    19. Predrag Petroviæ, 2016. "Backus–Smith puzzle and the European Union: It’s not just the nominal exchange rate," Zbornik radova Ekonomskog fakulteta u Rijeci/Proceedings of Rijeka Faculty of Economics, University of Rijeka, Faculty of Economics and Business, vol. 34(2), pages 393-418.
    20. Chan, Kenneth S. & Lai, Jennifer T. & Yan, Isabel K.M., 2014. "Consumption risk sharing and self-insurance across provinces in China: 1952–2008," China Economic Review, Elsevier, vol. 30(C), pages 66-85.
    21. Ventura, Luigi, 2008. "Risk sharing opportunities and macroeconomic factors in Latin American and Caribbean countries : A consumption insurance assessment," Policy Research Working Paper Series 4490, The World Bank.
    22. Saileshsingh Gunessee & Cheng Zhang, 2022. "The economics of domestic market integration," Journal of Economic Surveys, Wiley Blackwell, vol. 36(4), pages 1069-1095, September.
    23. Portes, Richard, 1999. "Global Financial Markets and Financial Stability: Europe's Role," CEPR Discussion Papers 2298, C.E.P.R. Discussion Papers.
    24. Christian Cox & Akanksha Negi & Digvijay Negi, 2022. "Risk-Sharing Tests with Network Transaction Costs," Monash Econometrics and Business Statistics Working Papers 5/22, Monash University, Department of Econometrics and Business Statistics.

  31. David K. Backus & Mario J. Crucini, 1998. "Oil Prices and the Terms of Trade," NBER Working Papers 6697, National Bureau of Economic Research, Inc.

    Cited by:

    1. Yusuf Soner Başkaya & Timur Hülagü & Hande Küçük, 2013. "Oil Price Uncertainty in a Small Open Economy," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 61(1), pages 168-198, April.
    2. Douglas Sutherland & Peter Hoeller & Balázs Égert & Oliver Röhn, 2010. "Counter-cyclical Economic Policy," OECD Economics Department Working Papers 760, OECD Publishing.
    3. Antonio Ruiz-Porras & Javier Emmanuel Anguiano Pita, 2016. "Modelación de las dinámicas, volatilidades e interrelaciones de los rendimientos del petróleo mexicano, BRENT y WTI," Ensayos Revista de Economia, Universidad Autonoma de Nuevo Leon, Facultad de Economia, vol. 0(2), pages 175-194, November.
    4. Rafiq, Shudhasattwa & Sgro, Pasquale & Apergis, Nicholas, 2016. "Asymmetric oil shocks and external balances of major oil exporting and importing countries," Energy Economics, Elsevier, vol. 56(C), pages 42-50.
    5. Ravn, Morten & Mazzenga, Elisabetta, 2002. "International Business Cycles: The Quantitative Role of Transportation Costs," CEPR Discussion Papers 3530, C.E.P.R. Discussion Papers.
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  32. Mario Crucini & Prasad Bidarkota, 1997. "Commodity Prices and the Terms of Trade," Working Papers 98-01, Ohio State University, Department of Economics.

    Cited by:

    1. Cashin, Paul & Cespedes, Luis F. & Sahay, Ratna, 2004. "Commodity currencies and the real exchange rate," Journal of Development Economics, Elsevier, vol. 75(1), pages 239-268, October.
    2. Marianne Baxter & Michael A. Kouparitsas, 2000. "What Can Account for Fluctuations in the Terms of Trade?," Boston University - Department of Economics - The Institute for Economic Development Working Papers Series dp-112, Boston University - Department of Economics.
    3. Paul Cashin & Catherine Pattillo, 2006. "African terms of trade and the commodity terms of trade: close cousins or distant relatives?," Applied Economics, Taylor & Francis Journals, vol. 38(8), pages 845-859.
    4. Ziesemer, T., 2014. "Country Terms of Trade 1960-2012: Trends, unit roots, over-differencing, endogeneity, time dummies, and heterogeneity," MERIT Working Papers 2014-027, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    5. Di Pace, Federico & Juvenal, Luciana & Petrella, Ivan, 2021. "Terms-of-trade shocks are not all alike," Bank of England working papers 901, Bank of England.
    6. Mirko Draca & Theodore Koutmeridis & Stephen Machin, 2019. "The Changing Returns to Crime: Do Criminals Respond to Prices?," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 86(3), pages 1228-1257.
    7. Dennis, Benjamin N. & Iscan, Talan B., 2006. "Terms of trade risk with partial labor mobility," Journal of International Economics, Elsevier, vol. 68(1), pages 92-114, January.
    8. Martin Berka & Mario J. Crucini & Chih-Wei Wang, 2011. "International Risk-Sharing and Commodity Prices," Vanderbilt University Department of Economics Working Papers 1121, Vanderbilt University Department of Economics.
    9. Ubilava, David, 2017. "The ENSO Effect and Asymmetries in Wheat Price Dynamics," World Development, Elsevier, vol. 96(C), pages 490-502.
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    11. Williamson, Jeffrey G. & Blattman, Christopher & ,, 2005. "The Impact of the Terms of Trade on Economic Development in the Periphery, 1870-1939: Volatility and Secular Change," CEPR Discussion Papers 5073, C.E.P.R. Discussion Papers.
    12. Kose, M. Ayhan, 2002. "Explaining business cycles in small open economies: 'How much do world prices matter?'," Journal of International Economics, Elsevier, vol. 56(2), pages 299-327, March.
    13. Peter H. Bent, 2018. "Recovery from Financial Crises in Peripheral Economies, 1870-1913," CEH Discussion Papers 07, Centre for Economic History, Research School of Economics, Australian National University.
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    15. Michael Webb, 2005. "The conflicting impacts of export fluctuations and diversification programmes," The Journal of International Trade & Economic Development, Taylor & Francis Journals, vol. 14(3), pages 271-280.
    16. Mei-Hsiu Chen & Kenneth W Clements & Grace Gao, 2013. "Three Facts About World Metal Prices," Economics Discussion / Working Papers 13-01, The University of Western Australia, Department of Economics.
    17. Chen, Yu-chin & Rogoff, Kenneth, 2003. "Commodity currencies," Journal of International Economics, Elsevier, vol. 60(1), pages 133-160, May.
    18. David K. Backus & Mario J. Crucini, 1998. "Oil Prices and the Terms of Trade," NBER Working Papers 6697, National Bureau of Economic Research, Inc.
    19. Mariano Kulish & Daniel Rees, 2015. "Unprecedented Changes in the Terms of Trade," RBA Research Discussion Papers rdp2015-11, Reserve Bank of Australia.
    20. Ehrhart, H. & Guerineau, S., 2013. "Commodity price volatility and tax revenue: Evidence from developing countries," Working papers 423, Banque de France.
    21. Sarris, Alexander, 2013. "Food commodity price volatility and food insecurity," Bio-based and Applied Economics Journal, Italian Association of Agricultural and Applied Economics (AIEAA), vol. 2(3), pages 1-24, December.
    22. Sodhi, ManMohan S. & Tang, Christopher S., 2014. "Guiding the next generation of doctoral students in operations management," International Journal of Production Economics, Elsevier, vol. 150(C), pages 28-36.
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    24. Giovanni Federico & Michelangelo Vasta, 2009. "Was industrialization an escape from the commodity lottery? Evidence from Italy, 1861-1940," Department of Economics University of Siena 573, Department of Economics, University of Siena.
    25. Alexandros Sarris, 2014. "Trade, food and welfare," Chapters, in: Raghbendra Jha & Raghav Gaiha & Anil B. Deolalikar (ed.), Handbook on Food, chapter 13, pages 325-352, Edward Elgar Publishing.
    26. Lee, Yi-Lung & Ranjbar, Omid & Jahangard, Fateme & Chang, Tsangyao, 2020. "Analyzing slowdown and meltdowns in the African countries: New evidence using Fourier quantile unit root test," International Review of Economics & Finance, Elsevier, vol. 65(C), pages 187-198.
    27. Chen, Mei-Hsiu, 2010. "Understanding world metals prices--Returns, volatility and diversification," Resources Policy, Elsevier, vol. 35(3), pages 127-140, September.
    28. Mei-Hsiu Chen, 2009. "UNDERSTANDING WORLD COMMODITY PRICES Returns, Volatility and Diversification," Economics Discussion / Working Papers 09-03, The University of Western Australia, Department of Economics.
    29. Talan İşcan, 2012. "Changes in the Terms of Trade and Sectoral Reallocation of Labor: The Case of Guyana, Jamaica, and Trinidad and Tobago," Open Economies Review, Springer, vol. 23(3), pages 473-500, July.
    30. Romero-Ávila, Diego, 2009. "Multiple Breaks, Terms of Trade Shocks and the Unit-Root Hypothesis for African Per Capita Real GDP," World Development, Elsevier, vol. 37(6), pages 1051-1068, June.

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    1. Yoshiyasu Ono, 2010. "Trade Policy, Exchange Rate Adjustment and Unemployment," Chapters, in: Noel Gaston & Ahmed M. Khalid (ed.), Globalization and Economic Integration, chapter 7, Edward Elgar Publishing.
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    3. Toshihiro Okubo, 2006. "Trade Bloc Formation in Interwar Japan --Gravity Model Analysis-- (forthcoming in Journal of the Japanese and International Economies)," IHEID Working Papers 03-2006, Economics Section, The Graduate Institute of International Studies.
    4. George A. Alessandria & Carter B. Mix, 2021. "Trade Policy is Real News: Theory and Evidence," NBER Working Papers 28904, National Bureau of Economic Research, Inc.
    5. Nida Çakır Melek & Michael D. Plante & Mine K. Yücel, 2017. "The U.S. Shale Oil Boom, the Oil Export Ban, and the Economy: A General Equilibrium Analysis," Working Papers 1708, Federal Reserve Bank of Dallas.
    6. Luca, PENSIEROSO, 2005. "Real Business Cycle Models of the Great Depression : a Critical Survey," Discussion Papers (ECON - Département des Sciences Economiques) 2005005, Université catholique de Louvain, Département des Sciences Economiques.
    7. V V Chari & Patrick J Kehoe & Ellen R. McGrattan, 2003. "Business Cycle Accounting," Levine's Bibliography 506439000000000421, UCLA Department of Economics.
    8. Nida Çakır Melek & Michael D. Plante & Mine K. Yücel, 2017. "The U.S. Shale Oil Boom, the Oil Export Ban, and the Economy: A General Equilibrium Analysis Nida," Research Working Paper RWP 17-10, Federal Reserve Bank of Kansas City.
    9. Fabrizio Perri & Vincenzo Quadrini, 2002. "Data Appendix to The Great Depression in Italy: Trade Restrictions and Real Wage Rigidities," Online Appendices perri02, Review of Economic Dynamics.
    10. Michael D. Bordo & Christopher J. Erceg & Charles L. Evans, 1997. "Money, sticky wages, and the Great Depression," International Finance Discussion Papers 591, Board of Governors of the Federal Reserve System (U.S.).
    11. Crucini, M.J. & Kahn, J., 1994. "Tarrifs and Aggregate Economic Activity: Lessons from the Great Depression," RCER Working Papers 383, University of Rochester - Center for Economic Research (RCER).
    12. Klein, Paul & Ventura, Gustavo, 2021. "Taxation, expenditures and the Irish miracle," Journal of Monetary Economics, Elsevier, vol. 117(C), pages 1062-1077.
    13. Kei-Mu Yi, 2003. "Can Vertical Specialization Explain the Growth of World Trade?," Journal of Political Economy, University of Chicago Press, vol. 111(1), pages 52-102, February.
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    31. Kris James Mitchener Author e-mail: kmitchener@scu.edu & Kirsten Wandschneider Author e-mail: kirsten.wandschneider@univie.ac.at & Kevin Hjortshøj O’Rourke Author e-mail: akevin.orourke@nyu.edu, 2021. "The Smoot-Hawley Trade War," Working Papers 20210061, New York University Abu Dhabi, Department of Social Science, revised Mar 2021.
    32. Mario J. Crucini & James Kahn, 2003. "Tariffs and the Great Depression Revisited," Vanderbilt University Department of Economics Working Papers 0316, Vanderbilt University Department of Economics.
    33. Harold L. Cole & Ron Leung & Lee E. Ohanian, 2005. "Deflation and the international Great Depression: a productivity puzzle," Staff Report 356, Federal Reserve Bank of Minneapolis.
    34. Mr. James M. Boughton, 2004. "The IMF and the force of History: Ten Events and Ten Ideas that Have Shaped the Institution," IMF Working Papers 2004/075, International Monetary Fund.
    35. David K. Backus & Mario J. Crucini, 1998. "Oil Prices and the Terms of Trade," NBER Working Papers 6697, National Bureau of Economic Research, Inc.
    36. Casey B. Mulligan, 2011. "Rising Labor Productivity during the 2008-9 Recession," NBER Working Papers 17584, National Bureau of Economic Research, Inc.
    37. Andrei A. Levchenko & Jing Zhang, 2011. "The Evolution of Comparative Advantage: Measurement and Welfare Implications," NBER Working Papers 16806, National Bureau of Economic Research, Inc.
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    46. Christopher A. Kennedy, 2023. "Biophysical economic interpretation of the Great Depression: A critical period of an energy transition," Journal of Industrial Ecology, Yale University, vol. 27(4), pages 1197-1211, August.
    47. Kris James Mitchener & Kirsten Wandschneider & Kevin Hjortshøj O'Rourke, 2021. "The Smoot-Hawley Trade War," NBER Working Papers 28616, National Bureau of Economic Research, Inc.
    48. Albers, Thilo Nils Hendrik, 2018. "The prelude and global impact of the Great Depression: Evidence from a new macroeconomic dataset," Explorations in Economic History, Elsevier, vol. 70(C), pages 150-163.
    49. Luca PENSIEROSO, 2010. "The Great Depression in Belgium: an Open-Economy Analysis," LIDAM Discussion Papers IRES 2010023, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    50. Casey B. Mulligan, 2002. "A Dual Method of Empirically Evaluating Dynamic Competitive Equilibrium Models with Market Distortions, Applied to the Great Depression & World War II," NBER Working Papers 8775, National Bureau of Economic Research, Inc.
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    1. Andrea Raffo, 2008. "Technology Shocks: Novel Implications for International Business Cycles," 2008 Meeting Papers 511, Society for Economic Dynamics.
    2. Karen K. Lewis, 1995. "What Can Explain the Apparent Lack of International Consumption Risk Sharing?," NBER Working Papers 5203, National Bureau of Economic Research, Inc.
    3. Reuven Glick & Kenneth S. Rogoff, 1993. "Global versus country-specific productivity shocks and the current account," International Finance Discussion Papers 443, Board of Governors of the Federal Reserve System (U.S.).
    4. De Paoli, Bianca & Küçük-Tuger, Hande & Søndergaard, Jens, 2010. "Monetary policy rules and foreign currency positions," LSE Research Online Documents on Economics 121699, London School of Economics and Political Science, LSE Library.
    5. van Wincoop, Eric, 1995. "Regional risksharing," European Economic Review, Elsevier, vol. 39(8), pages 1545-1567, October.
    6. Asdrubali, Pierfederico & Kim, Soyoung, 2009. "Consumption smoothing channels in open economies," Journal of Banking & Finance, Elsevier, vol. 33(12), pages 2293-2300, December.
    7. Patrick A. Pintus & Yi Wen & Xiaochuan Xing, 2018. "International Credit Markets and Global Business Cycles," Working Papers 2018-9, Federal Reserve Bank of St. Louis.
    8. Vadym Volosovych, 2011. "Risk sharing from international factor income: explaining cross-country differences," Post-Print hal-00768584, HAL.
    9. Ippei Fujiwara & Keisuke Otsu & Masashi Saito, 2011. "The Global Impact of Chinese Growth," Studies in Economics 1115, School of Economics, University of Kent.
    10. Martin Evans and Viktoria Hnatkovska, 2007. "International Financial Integration and The Real Economy," Working Papers gueconwpa~07-07-11, Georgetown University, Department of Economics.
    11. Iversen, Jens, 2009. "Should we expect financial globalization to have significant effects on business cycles?," Discussion Papers on Economics 6/2009, University of Southern Denmark, Department of Economics.
    12. Ravn, Morten & Mazzenga, Elisabetta, 2002. "International Business Cycles: The Quantitative Role of Transportation Costs," CEPR Discussion Papers 3530, C.E.P.R. Discussion Papers.
    13. Giancarlo Corsetti & Luca Dedola & Sylvain Leduc, 2010. "Optimal monetary policy in open economies," Working Paper Series 2010-13, Federal Reserve Bank of San Francisco.
    14. Robert Kollmann, 2013. "Global Banks, Financial Shocks, and International Business Cycles: Evidence from an Estimated Model," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 45(s2), pages 159-195, December.
    15. Albert Marcet & Francesc Obiols-Homs & Philippe Weil, 2003. "Incomplete Markets, Labor Supply and Capital Accumulation," SciencePo Working papers Main hal-03596961, HAL.
    16. Pierre Perron & Tatsuma Wada, 2015. "Measuring Business Cycles with Structural Breaks and Outliers: Applications to International Data," Boston University - Department of Economics - Working Papers Series wp2015-016, Boston University - Department of Economics.
    17. Giancarlo Corsetti & Luca Dedola & Francesca Viani, 2012. "The international risk sharing puzzle is at business cycle and lower frequency," Canadian Journal of Economics, Canadian Economics Association, vol. 45(2), pages 448-471, May.
    18. Bengui, Julien & Mendoza, Enrique G. & Quadrini, Vincenzo, 2013. "Capital mobility and international sharing of cyclical risk," Journal of Monetary Economics, Elsevier, vol. 60(1), pages 42-62.
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    21. Attilio Gardini & Giuseppe Cavaliere & Luca Fanelli, 2006. "Risk sharing, avversione al rischio e stabilizzazione delle economie regionali in Italia," Quaderni di Dipartimento 0, Department of Statistics, University of Bologna.
    22. Mazhar Mahmood & Kashif ur Rehman, 2017. "Did Financial Integration Provide Financial Depth to ASEAN Countries?," Business & Economic Review, Institute of Management Sciences, Peshawar, Pakistan, vol. 9(1), pages 89-102, March.
    23. Mario Crucini & Nam Vu, 2021. "Did the American Recovery and Reinvestment Act Help Counties Most Affected by the Great Recession?," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 42, pages 264-282, October.
    24. Jinill Kim & Sunghyun Henry Kim & Andrew T. Levin, 2001. "Patience, persistence and welfare costs of incomplete markets in open economies," International Finance Discussion Papers 696, Board of Governors of the Federal Reserve System (U.S.).
    25. Jane Marrinan & Eric Van Wincoop, 1993. "Public And Private Savings And Investments," Boston College Working Papers in Economics 259, Boston College Department of Economics.
    26. Dionysios K. Solomos & Dimitrios N. Koumparoulis, 2013. "Financial Sector and Business Cycles Determinants in the EMU: An Empirical Approach (1996-2011)," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 34-58.
    27. Scott Davis, 2014. "The Macroeconomic Effects of Debt- and Equity-Based Capital Inflows," Working Papers 282014, Hong Kong Institute for Monetary Research.
    28. Robert Kollmann, 2015. "Risk sharing in a world economy with uncertainty shocks," CAMA Working Papers 2015-44, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    29. Stéphane Auray & Aurélien Eyquem & Xiaofei Ma, 2018. "Banks, Sovereign Risk and Unconventional Monetary Policies," Working Papers halshs-01942734, HAL.
    30. Anagnostopoulos, Alexios & Atesagaoglu, Orhan Erem & Faraglia, Elisa & Giannitsarou, Chryssi, 2022. "Cross-Country Stock Market Comovement: A Macro Perspective," CEPR Discussion Papers 16021, C.E.P.R. Discussion Papers.
    31. Gianluca Benigno & Hande Küçük-Tuger, 2011. "Portfolio Allocation and International Risk Sharing," CEP Discussion Papers dp1048, Centre for Economic Performance, LSE.
    32. Marta Arespa & Diego Gruber, 2021. "Product Quality and International Price Dynamics over the Business Cycle," Economica, London School of Economics and Political Science, vol. 88(352), pages 1054-1074, October.
    33. Giancarlo Corsetti & Luca Dedola & Sylvain Leduc, 2005. "International risk-sharing and the transmission of productivity shocks," International Finance Discussion Papers 826, Board of Governors of the Federal Reserve System (U.S.).
    34. Lee, Inkoo, 2014. "Productivity and consumption home bias with goods market frictions," Economic Modelling, Elsevier, vol. 41(C), pages 316-318.
    35. Robert Kollmann, 2012. "Limited asset market participation and the consumption-real exchange rate anomaly," Canadian Journal of Economics, Canadian Economics Association, vol. 45(2), pages 566-584, May.
    36. Miyamoto, Wataru & Nguyen, Thuy Lan & Sheremirov, Viacheslav, 2019. "The effects of government spending on real exchange rates: Evidence from military spending panel data," Journal of International Economics, Elsevier, vol. 116(C), pages 144-157.
    37. Jonathan Heathcote, 2003. "Financial Globalization and Real Regionalization," Working Papers gueconwpa~03-03-20, Georgetown University, Department of Economics.
    38. Margarida Duarte & Michael Dotsey, 2011. "How Important is the Currency Denomination of Exports in Open Economy Models?," 2011 Meeting Papers 380, Society for Economic Dynamics.
    39. Cavallari, Lilia, 2022. "The international real business cycle when demand matters," Journal of Macroeconomics, Elsevier, vol. 73(C).
    40. Balli, Faruk & Rana, Faisal, 2015. "Determinants of risk sharing through remittances," Journal of Banking & Finance, Elsevier, vol. 55(C), pages 107-116.
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  36. Mario Crucini & Chris Telmer & Marios Zachariadis, "undated". "What can we learn from deviations from the law of one price?," GSIA Working Papers 229, Carnegie Mellon University, Tepper School of Business.

    Cited by:

    1. Jonathan Haskel & Holger C. Wolf, 2001. "The Law of One Price - A Case Study," CESifo Working Paper Series 428, CESifo.

Articles

  1. Craig Benedict & Mario J. Crucini & Anthony Landry, 2020. "On What States Do Prices Depend? Answers From Ecuador," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 52(8), pages 1909-1935, December.
    See citations under working paper version above.
  2. Mario Crucini & Christopher Telmer, 2020. "Microeconomic Sources of Real Exchange Rate Variation," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 38, pages 22-40, October.
    See citations under working paper version above.
  3. Crucini, Mario J. & Landry, Anthony, 2019. "Accounting for real exchange rates using micro-data," Journal of International Money and Finance, Elsevier, vol. 91(C), pages 86-100.
    See citations under working paper version above.
  4. Crucini, Mario J. & Davis, J. Scott, 2016. "Distribution capital and the short- and long-run import demand elasticity," Journal of International Economics, Elsevier, vol. 100(C), pages 203-219.
    See citations under working paper version above.
  5. Crucini , Mario J. & Smith, Gregor W., 2016. "Early Globalization and the Law of One Price: Evidence from Sweden, 1732-1914," East Asian Economic Review, Korea Institute for International Economic Policy, vol. 20(4), pages 427-445, December.

    Cited by:

    1. Luca Macedoni, 2021. "Has the Euro Shrunk the Band? Relative Purchasing Power Parity Convergence in a Currency Union," Scandinavian Journal of Economics, Wiley Blackwell, vol. 123(2), pages 593-620, April.
    2. Hałka, Aleksandra & Leszczyńska-Paczesna, Agnieszka, 2019. "Price convergence in the European Union – What has changed?," Economic Modelling, Elsevier, vol. 79(C), pages 226-241.

  6. Chen, Kan & Crucini, Mario J., 2016. "Trends and cycles in small open economies: making the case for a general equilibrium approach," Journal of Economic Dynamics and Control, Elsevier, vol. 72(C), pages 159-168.
    See citations under working paper version above.
  7. Crucini, Mario J. & Shintani, Mototsugu & Tsuruga, Takayuki, 2015. "Noisy information, distance and law of one price dynamics across US cities," Journal of Monetary Economics, Elsevier, vol. 74(C), pages 52-66.
    See citations under working paper version above.
  8. Mario J. Crucini & Mototsugu Shintani, 2015. "Measuring international business cycles by saving for a rainy day," Canadian Journal of Economics, Canadian Economics Association, vol. 48(4), pages 1266-1290, November.
    See citations under working paper version above.
  9. Crucini, Mario J. & Yilmazkuday, Hakan, 2014. "Understanding long-run price dispersion," Journal of Monetary Economics, Elsevier, vol. 66(C), pages 226-240.
    See citations under working paper version above.
  10. Crucini, Mario J. & Shintani, Mototsugu & Tsuruga, Takayuki, 2014. "Real exchange rate dynamics in sticky wage models," Economics Letters, Elsevier, vol. 123(2), pages 160-163.

    Cited by:

    1. Michael Curran & Adnan Velic, 2017. "Real Exchange Rate Persistence and Country Characteristics," Trinity Economics Papers tep0917, Trinity College Dublin, Department of Economics.

  11. Crucini, Mario J. & Shintani, Mototsugu & Tsuruga, Takayuki, 2013. "Do sticky prices increase real exchange rate volatility at the sector level?," European Economic Review, Elsevier, vol. 62(C), pages 58-72.
    See citations under working paper version above.
  12. Eric Bond & Mario Crucini & Joel Rodrigue & Tristan Potter, 2013. "Misallocation and Productivity Effects of the Smoot-Hawley Tariff," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 16(1), pages 120-134, January.
    See citations under working paper version above.
  13. John P. Conley & Mario J. Crucini & Robert A. Driskill & Ali Sina Önder, 2013. "The Effects Of Publication Lags On Life-Cycle Research Productivity In Economics," Economic Inquiry, Western Economic Association International, vol. 51(2), pages 1251-1276, April.

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    3. Matthias Krapf & Heinrich Ursprung & Christian Zimmermann, 2014. "Parenthood and Productivity of Highly Skilled Labor: Evidence from the Groves of Academe," CESifo Working Paper Series 4641, CESifo.
    4. Nattavudh Powdthavee & Yohanes E. Riyanto & Jack L. Knetsch, 2017. "Impact of Lower Rated Journals on Economists' Judgments of Publication Lists: Evidence from a Survey Experiment," PIER Discussion Papers 63, Puey Ungphakorn Institute for Economic Research.
    5. J. Atsu Amegashie, 2020. "Citations And Incentives In Academic Contests," Economic Inquiry, Western Economic Association International, vol. 58(3), pages 1233-1244, July.
    6. John P. Conley, 2012. "Low acceptance rates, commercial publishing, and the future of scholarly communication," Economics Bulletin, AccessEcon, vol. 32(4), pages 1-37.
    7. Önder, Ali Sina & Schweitzer, Sascha & Yilmazkuday, Hakan, 2021. "Specialization, field distance, and quality in economists’ collaborations," Journal of Informetrics, Elsevier, vol. 15(4).
    8. García-Suaza, Andrés & Otero, Jesus & Winkelmann, Rainer, 2018. "Early Career Research Production in Economics: Does Mentoring Matter?," IZA Discussion Papers 11976, Institute of Labor Economics (IZA).
    9. Spiegel, Yossi & Toivanen, Otto, 2022. "From conference submission to publication and citations: Evidence from the EARIE conference," CEPR Discussion Papers 16990, C.E.P.R. Discussion Papers.
    10. Ali Sina Önder & Sascha Schweitzer & Hakan Yilmazkuday, 2021. "Field Distance and Quality in Economists’ Collaborations," Working Papers in Economics & Finance 2021-04, University of Portsmouth, Portsmouth Business School, Economics and Finance Subject Group.
    11. Andrew F. Daughety & Jennifer F. Reinganum, 2014. "The Effect of Third-Party Funding of Plaintiffs on Settlement," American Economic Review, American Economic Association, vol. 104(8), pages 2552-2566, August.
    12. Kim, Jin-Yeong, 2016. "The Impact of Government Support of Graduate Schools on the Research Productivity of Professors and Students," KDI Journal of Economic Policy, Korea Development Institute (KDI), vol. 38(2), pages 63-85.
    13. Hadavand, Aboozar & Hamermesh, Daniel S. & Wilson, Wesley W., 2021. "Publishing Economics: How Slow? Why Slow? Is Slow Productive? Fixing Slow?," IZA Discussion Papers 14643, Institute of Labor Economics (IZA).
    14. John P. Conley & Ali Sina Önder & Benno Torgler, 2016. "Are all economics graduate cohorts created equal? Gender, job openings, and research productivity," Scientometrics, Springer;Akadémiai Kiadó, vol. 108(2), pages 937-958, August.
    15. Powdthavee, Nattavudh & Riyanto, Yohanes E. & Knetsch, Jack L., 2018. "Lower-rated publications do lower academics’ judgments of publication lists: Evidence from a survey experiment of economists," Journal of Economic Psychology, Elsevier, vol. 66(C), pages 33-44.
    16. Önder Ali Sina & Yilmazkuday Hakan, 2020. "Thirty-Five Years of Peer-Reviewed Publishing by North American Economics PhDs: Quantity, Quality, and Beyond," Open Economics, De Gruyter, vol. 3(1), pages 70-85, January.
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    19. John H. Cawley & Michael A. Morrisey & Kosali I. Simon, 2015. "The Earnings and Consulting Income of US Health Economists: Results from the 2012 Survey of the American Society of Health Economists," American Journal of Health Economics, University of Chicago Press, vol. 1(2), pages 255-274, Spring.
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    21. John P. Conley & Ali Sina Onder, 2014. "The Research Productivity of New PhDs in Economics: The Surprisingly High Non-success of the Successful," Journal of Economic Perspectives, American Economic Association, vol. 28(3), pages 205-216, Summer.
    22. Joao Ricardo Faria & Peter McAdam, 2014. "Does Tenure Make Researchers Less Productive? The Case of the “Specialist”," School of Economics Discussion Papers 0514, School of Economics, University of Surrey.
    23. Soledad Moya & Diego Prior & Gonzalo Rodriguez-Pérez, 2014. "Research Patterns in the Spanish Accounting Academia," 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 30, pages 567-583, Asociación de Economía de la Educación.
    24. Jenny Bourne & Nathan Grawe & Nathan D. Grawe & Michael Hemesath & Maya Jensen, 2022. "Scholarly Activity among Economists at Liberal Arts Colleges: A Life Cycle Analysis," Working Papers 2022-01, Carleton College, Department of Economics.
    25. Andrés García-Suaza & Jesús Otero & Rainer Winkelmann, 2020. "Predicting early career productivity of PhD economists: Does advisor-match matter?," Scientometrics, Springer;Akadémiai Kiadó, vol. 122(1), pages 429-449, January.

  14. Martin Berka & Mario J. Crucini & Chih-Wei Wang, 2012. "International risk sharing and commodity prices," Canadian Journal of Economics, Canadian Economics Association, vol. 45(2), pages 417-447, May.
    See citations under working paper version above.
  15. Mario Crucini & Ayhan Kose & Christopher Otrok, 2011. "What are the driving forces of international business cycles?," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 14(1), pages 156-175, January.
    See citations under working paper version above.
  16. Crucini, Mario J. & Shintani, Mototsugu & Tsuruga, Takayuki, 2010. "Accounting for persistence and volatility of good-level real exchange rates: The role of sticky information," Journal of International Economics, Elsevier, vol. 81(1), pages 48-60, May.
    See citations under working paper version above.
  17. MarioJ. Crucini & Mototsugu Shintani & Takayuki Tsuruga, 2010. "The Law of One Price without the Border: The Role of Distance versus Sticky Prices," Economic Journal, Royal Economic Society, vol. 120(544), pages 462-480, May.
    See citations under working paper version above.
  18. Crucini, Mario J. & Shintani, Mototsugu, 2008. "Persistence in law of one price deviations: Evidence from micro-data," Journal of Monetary Economics, Elsevier, vol. 55(3), pages 629-644, April.
    See citations under working paper version above.
  19. Mario J. Crucini & Chris I. Telmer & Marios Zachariadis, 2005. "Understanding European Real Exchange Rates," American Economic Review, American Economic Association, vol. 95(3), pages 724-738, June.
    See citations under working paper version above.
  20. Crucini, Mario J, 2001. "Comment on Has Monetary Policy Been so Bad that It Is Better to Get Rid of It? The Case of Mexico," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 33(2), pages 434-439, May.

    Cited by:

    1. Horvath Roman & Rusnak Marek, 2009. "How Important Are Foreign Shocks in a Small Open Economy? The Case of Slovakia," Global Economy Journal, De Gruyter, vol. 9(1), pages 1-17, March.

  21. Backus, David K. & Crucini, Mario J., 2000. "Oil prices and the terms of trade," Journal of International Economics, Elsevier, vol. 50(1), pages 185-213, February.
    See citations under working paper version above.
  22. Prasad Bidarkota & Mario J. Crucini, 2000. "Commodity Prices and the Terms of Trade," Review of International Economics, Wiley Blackwell, vol. 8(4), pages 647-666, November.
    See citations under working paper version above.
  23. Mario J. Crucini, 1999. "On International and National Dimensions of Risk Sharing," The Review of Economics and Statistics, MIT Press, vol. 81(1), pages 73-84, February.

    Cited by:

    1. Vadym Volosovych, 2011. "Risk sharing from international factor income: explaining cross-country differences," Post-Print hal-00768584, HAL.
    2. Marianne Baxter, 2012. "International risk‐sharing in the short run and in the long run," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 45(2), pages 376-393, May.
    3. Giancarlo Corsetti & Luca Dedola & Francesca Viani, 2012. "The international risk sharing puzzle is at business cycle and lower frequency," Canadian Journal of Economics, Canadian Economics Association, vol. 45(2), pages 448-471, May.
    4. Eduardo Silva & Alex Ferreira, 2023. "Risk-sharing within Brazil and South America," Empirical Economics, Springer, vol. 65(2), pages 661-695, August.
    5. Yuliya Demyanyk & Charlotte Ostergaard & Bent E. Sørensen, 2007. "U.S. Banking Deregulation, Small Businesses, and Interstate Insurance of Personal Income," Journal of Finance, American Finance Association, vol. 62(6), pages 2763-2801, December.
    6. Becker, Sascha & Hoffmann, Mathias, 2008. "Equity Fund Ownership and the Cross-Regional Diversification of Household Risk," Stirling Economics Discussion Papers 2008-25, University of Stirling, Division of Economics.
    7. Michael J. Artis & Mathias Hoffmann, 2007. "The Home Bias and Capital Income Flows between Countries and Regions," IEW - Working Papers 316, Institute for Empirical Research in Economics - University of Zurich.
    8. Guglielmo Maria Caporale & Michael Donadelli & Alessia Varani, 2014. "International Capital Markets Structure, Preferences and Puzzles: The US-China Case," CESifo Working Paper Series 4669, CESifo.
    9. Yulei Luo & Jun Nie & Eric R. Young, 2013. "Robust Control, Informational Frictions, and International Consumption Correlations," Working Papers 212013, Hong Kong Institute for Monetary Research.
    10. Hevia, Constantino & Servén, Luis, 2018. "Assessing the degree of international consumption risk sharing," Journal of Development Economics, Elsevier, vol. 134(C), pages 176-190.
    11. Robert Kollmann, 2012. "Limited asset market participation and the consumption-real exchange rate anomaly," Canadian Journal of Economics, Canadian Economics Association, vol. 45(2), pages 566-584, May.
    12. Hess, Gregory D. & Shin, Kwanho, 2010. "Understanding the Backus-Smith puzzle: It's the (nominal) exchange rate, stupid," Journal of International Money and Finance, Elsevier, vol. 29(1), pages 169-180, February.
    13. Li, Zhongda & Liu, Lu, 2018. "Financial globalization, domestic financial freedom and risk sharing across countries," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 55(C), pages 151-169.
    14. Ho, Chun-Yu & Ho, Wai-Yip Alex & Li, Dan, 2015. "Intranational risk sharing and its determinants," Journal of International Money and Finance, Elsevier, vol. 51(C), pages 89-113.
    15. Pierfederico Asdrubali & Soyoung Kim, 2007. "Incomplete Intertemporal Consumption Smoothing and Incomplete Risksharing," Discussion Paper Series 0725, Institute of Economic Research, Korea University.
    16. Keller, Wolfgang & Shiue, Carol, 2004. "Market Integration and Economic Development: A Long-Run Comparison," CEPR Discussion Papers 4310, C.E.P.R. Discussion Papers.
    17. Agustin S. Benetrix, 2015. "International Risk Sharing and the Irish Economy," The Economic and Social Review, Economic and Social Studies, vol. 46(1), pages 29-49.
    18. Jarko Fidrmuc & Moritz Degler, 2018. "Temporal and Spatial Dependence of Inter-Regional Risk Sharing: Evidence from Russia," Working Papers 373, Leibniz Institut für Ost- und Südosteuropaforschung (Institute for East and Southeast European Studies).
    19. Fabio Ghironi, 2000. "Macroeconomic Interdependence under Incomplete Markets," Boston College Working Papers in Economics 471, Boston College Department of Economics, revised 07 Feb 2003.
    20. Hong, Kiseok & Lee, Jong-Wha & Lee, Young Soo, 2007. "Investment by Korean conglomerates before and after the crisis," Japan and the World Economy, Elsevier, vol. 19(3), pages 347-373, August.
    21. Donadelli, M. & Gufler, I. & Paradiso, A., 2024. "Financial market integration: A complex and controversial journey," International Review of Financial Analysis, Elsevier, vol. 92(C).
    22. Maurice Obstfeld and Kenneth Rogoff., 2000. "The Six Major Puzzles in International Macroeconomics: Is There a Common Cause?," Center for International and Development Economics Research (CIDER) Working Papers C00-112, University of California at Berkeley.
    23. Ergys Islamaj & M. Ayhan Kose, 2016. "How does the sensitivity of consumption to income vary over time? International evidence," CAMA Working Papers 2016-22, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    24. Basher, Syed A. & Balli, Faruk & Louis, Rosmy, 2009. "Channels of risk-sharing among Canadian provinces: 1961–2006," MPRA Paper 17300, University Library of Munich, Germany.
    25. Wei, Shang-Jin & Boyreau-Debray, Genevieve, 2004. "Pitfalls of a State-Dominated Financial System: The Case of China," CEPR Discussion Papers 4471, C.E.P.R. Discussion Papers.
    26. Donadelli, Michael & Paradiso, Antonio, 2014. "Does financial integration affect real exchange rate volatility and cross-country equity market returns correlation?," The North American Journal of Economics and Finance, Elsevier, vol. 28(C), pages 206-220.
    27. Julan Du & Qing He & Oliver M. Rui, 2011. "Channels of Interprovincial Risk Sharing in China," Working Papers 122011, Hong Kong Institute for Monetary Research.
    28. Jarko Fidrmuc & Serhiy Moroz & Fabian Reck, 2021. "Regional risk-sharing in Ukraine," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 48(3), pages 645-660, August.
    29. Scott C. Bradford & Digvijay Singh Negi & Bharat Ramaswami, 2022. "International Risk Sharing for Food Staples," Working Papers 74, Ashoka University, Department of Economics.
    30. Hanno Lustig & Stijn Van Nieuwerburgh, 2010. "How Much Does Household Collateral Constrain Regional Risk Sharing?," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 13(2), pages 265-294, April.
    31. Jeongseok Song & Doojin Ryu, 2018. "Aging effects on consumption risk-sharing channels in European countries," Zbornik radova Ekonomskog fakulteta u Rijeci/Proceedings of Rijeka Faculty of Economics, University of Rijeka, Faculty of Economics and Business, vol. 36(2), pages 585-617.
    32. Alcidi, Cinzia & D’Imperio, Paolo & Thirion, Gilles, 2023. "Risk-sharing and consumption-smoothing patterns in the US and the Euro Area: A comprehensive comparison," Structural Change and Economic Dynamics, Elsevier, vol. 64(C), pages 58-69.
    33. Robert M. Townsend & Jacob Yaron, 2001. "The credit risk-contingency system of an Asian development bank," Economic Perspectives, Federal Reserve Bank of Chicago, vol. 25(Q III), pages 31-48.
    34. Pierucci, Eleonora & Ventura, Luigi, 2012. "International risk sharing and globalization," MPRA Paper 35869, University Library of Munich, Germany.
    35. Hepp, Ralf & von Hagen, Jürgen, 2010. "Interstate risk sharing in Germany: 1970-2006," ZEI Working Papers B 03-2010, University of Bonn, ZEI - Center for European Integration Studies.
    36. Mathias Hoffmann & Thomas Nitschka, 2008. "Securitization of Mortgage Debt, Asset Prices and International Risk Sharing," IEW - Working Papers 376, Institute for Empirical Research in Economics - University of Zurich.
    37. Jose L. Fillat & STEFANIA GARETTO & Lindsay Oldenski, 2014. "Diversification, Cost Structure, and the Risk Premium of Multinational Corporations," Boston University - Department of Economics - Working Papers Series WP2014-007, Boston University - Department of Economics.
    38. Mathias Hoffmann, 2008. "The Lack of International Consumption Risk Sharing: Can Inflation Differentials and Trading Costs Help Explain the Puzzle?," Open Economies Review, Springer, vol. 19(2), pages 183-201, April.
    39. Mathias Hoffmann & Iryna Shcherbakova-Stewen, 2011. "Consumption Risk Sharing over the Business Cycle: The Role of Small Firms' Access to Credit Markets," The Review of Economics and Statistics, MIT Press, vol. 93(4), pages 1403-1416, November.
    40. Hevia, Constantino & Serven, Luis, 2013. "Partial consumption insurance and financial openness across the world," Policy Research Working Paper Series 6479, The World Bank.
    41. Peter Fuleky & Luigi Ventura & Qianxue Zhao, 2016. "Common Correlated Effects and International Risk Sharing," Working Papers 201612, University of Hawaii at Manoa, Department of Economics.
    42. Kim, Soyoung & Lee, Jong-Wha, 2008. "Real and Financial Integration in East Asia," Working Papers on Regional Economic Integration 17, Asian Development Bank.
    43. Robert P. Flood & Nancy P. Marion & Akito Matsumoto, 2012. "International risk sharing during the globalization era," Canadian Journal of Economics, Canadian Economics Association, vol. 45(2), pages 394-416, May.
    44. Minford, Patrick & Ou, Zhirong & Zhu, Zheyi, 2019. "Can a small New Keynesian model of the world economy with risk-pooling match the facts?," Cardiff Economics Working Papers E2019/10, Cardiff University, Cardiff Business School, Economics Section.
    45. Robin Boadway & Masayoshi Hayashi, 2003. "An Evaluation Of The Stabilization Properties Of Equalization In Canada," Working Paper 1015, Economics Department, Queen's University.
    46. Mongelli, Francesco Paolo & De Grauwe, Paul, 2005. "Endogeneities of optimum currency areas: what brings countries sharing a single currency closer together?," Working Paper Series 468, European Central Bank.
    47. Du, Julan & He, Qing & Zhang, Ce, 2022. "Risk sharing and industrial specialization in China," Journal of Comparative Economics, Elsevier, vol. 50(2), pages 599-626.
    48. Sebnem Kalemi-Ozcan & Bent E. Sorensen & Oved Yosha, 2000. "Risk Sharing and Sectoral Specialization: Regional and International Evidence," Econometric Society World Congress 2000 Contributed Papers 1582, Econometric Society.
    49. Mikek, Peter, 2008. "Alternative monetary policies and fiscal regime in new EU members," Economic Systems, Elsevier, vol. 32(4), pages 335-353, December.
    50. Gilles Dufrénot & Jean-Baptiste Gossé & Caroline Clerc, 2021. "Risk sharing in Europe: new empirical evidence on the capital markets channel," Post-Print hal-02978130, HAL.
    51. Pierfederico Asdrubali & Soyoung Kim, 2000. "Dynamic Risk Sharing in the United States and Europe," Econometric Society World Congress 2000 Contributed Papers 1621, Econometric Society.
    52. Ventura, Luigi & Ventura, Maria, 2021. "Migration, Diversity and Regional Risk Sharing," MPRA Paper 107712, University Library of Munich, Germany.
    53. Faruk Balli & Eleonora Pierucci, 2015. "Globalization and international risk-sharing: do political and social factors matter more than economic integration?," CAMA Working Papers 2015-04, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    54. Levy, Antoine & Ricci, Luca Antonio & Werner, Alejandro, 2020. "The Sources of Fiscal Fluctuations," CEPR Discussion Papers 15450, C.E.P.R. Discussion Papers.
    55. Chun‐Yu Ho & Wai‐Yip Alex Ho, 2015. "Dynamics and Heterogeneity of Inter‐ and Intranational Risk Sharing," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 47(1), pages 123-142, February.
    56. Masayoshi Hayashi, 2012. "Channels of Stabilization in a System of Local Public Health Insurance: The Case of the National Health Insurance in Japan," CARF F-Series CARF-F-280, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
    57. Soyoung Kim & Jong-Wha Lee & Kwanho Shin, 2006. "Regional and Global Financial Integration in East Asia," Discussion Paper Series 0602, Institute of Economic Research, Korea University.
    58. Rui Castro, 2005. "Economic Development and Growth in the World Economy," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 8(1), pages 195-230, January.
    59. Davide Furceri, 2002. "Risk-sharing e architettura istituzionale delle politiche di stabilizzazione nell'UME: aspetti metodologici e verifica empirica," Rivista di Politica Economica, SIPI Spa, vol. 92(6), pages 175-210, November-.
    60. Pontines, Victor, 2020. "A provincial view of consumption risk sharing in Korea:Asset classes as shock absorbers," Journal of the Japanese and International Economies, Elsevier, vol. 55(C).
    61. Patrick Minford & Zhirong Ou & Zheyi Zhu, 2022. "Is there Consumer Risk-Pooling in the Open Economy? The Evidence Reconsidered," Open Economies Review, Springer, vol. 33(1), pages 109-120, February.
    62. Asdrubali, Pierfederico & Kim, Soyoung, 2008. "On the empirics of international smoothing," Journal of Banking & Finance, Elsevier, vol. 32(3), pages 374-381, March.
    63. Jüßen, Falko, 2006. "Interregional Risk Sharing and Fiscal Redistribution in Reunified Germany," Technical Reports 2006,40, Technische Universität Dortmund, Sonderforschungsbereich 475: Komplexitätsreduktion in multivariaten Datenstrukturen.
    64. Clancy, Daragh & Ricci, Lorenzo, 2022. "Economic sentiments and international risk sharing," International Economics, Elsevier, vol. 169(C), pages 208-229.
    65. Davide Furceri & Ms. Aleksandra Zdzienicka, 2013. "The Euro Area Crisis: Need for a Supranational Fiscal Risk Sharing Mechanism?," IMF Working Papers 2013/198, International Monetary Fund.
    66. Becker, Sascha O. & Hoffmann, Mathias, 2006. "Intra- and international risk-sharing in the short run and the long run," European Economic Review, Elsevier, vol. 50(3), pages 777-806, April.
    67. Asdrubali, Pierfederico & Kim, Soyoung & Pericoli, Filippo Maria & Poncela, Pilar, 2023. "Risk sharing channels in OECD countries: A heterogeneous panel VAR approach," Journal of International Money and Finance, Elsevier, vol. 131(C).
    68. Geert Bekaert & Campbell R. Harvey & Christian Lundblad, 2004. "Growth Volatility and Financial Liberalization," NBER Working Papers 10560, National Bureau of Economic Research, Inc.
    69. Lee E. Ohanian & Paulina Restrepo-Echavarria & Mark L. J. Wright, 2013. "Bad Investments and Missed Opportunities? Capital Flows to Asia and Latin America, 1950-2007," Working Papers 2014-38, Federal Reserve Bank of St. Louis.
    70. Predrag Petroviæ, 2016. "Backus–Smith puzzle and the European Union: It’s not just the nominal exchange rate," Zbornik radova Ekonomskog fakulteta u Rijeci/Proceedings of Rijeka Faculty of Economics, University of Rijeka, Faculty of Economics and Business, vol. 34(2), pages 393-418.
    71. Sebnem Kalemli-Ozcan & Bent E. Sørensen & Oved Yosha, 2003. "Risk Sharing and Industrial Specialization: Regional and International Evidence," American Economic Review, American Economic Association, vol. 93(3), pages 903-918, June.
    72. Stefan Gerlach & Mathias Hoffmann, 2008. "The Impact of the Euro on International Stability and Volatility," European Economy - Economic Papers 2008 - 2015 309, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    73. Ventura, Luigi, 2008. "Risk sharing opportunities and macroeconomic factors in Latin American and Caribbean countries : A consumption insurance assessment," Policy Research Working Paper Series 4490, The World Bank.
    74. Saileshsingh Gunessee & Cheng Zhang, 2022. "The economics of domestic market integration," Journal of Economic Surveys, Wiley Blackwell, vol. 36(4), pages 1069-1095, September.
    75. Keith Sill, 2001. "The gains from international risk-sharing," Business Review, Federal Reserve Bank of Philadelphia, issue Q3, pages 23-32.
    76. Sylviane Guillaumont Jeanneney & Ping Hua & Zhicheng Liang, 2011. "Financial Development, Economic Efficiency and Productivity Growth: Evidence from China," Working Papers halshs-00562630, HAL.
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    78. Zahir Antia & Ramdane Djoudad & Pierre St-Amant, 1999. "Canada’s Exchange Rate Regime and North American Economic Integration: The Role of Risk-Sharing Mechanisms," Staff Working Papers 99-17, Bank of Canada.
    79. Cimadomo, Jacopo & Gordo Mora, Esther & Palazzo, Alessandra Anna, 2022. "Enhancing private and public risk sharing: lessons from the literature and reflections on the COVID-19 crisis," Occasional Paper Series 306, European Central Bank.
    80. Sørensen, Bent E & Hoffmann, Mathias & Maslov, Egor & Stewen, Iryna, 2018. "Are Banking and Capital Markets Union Complements? Evidence from Channels of Risk Sharing in the Eurozone," CEPR Discussion Papers 13254, C.E.P.R. Discussion Papers.
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    Cited by:

    1. M. Ayhan Kose & Eswar Prasad & Kenneth S. Rogoff & Shang-Jin Wei, 2006. "Financial Globalization: A Reappraisal," NBER Working Papers 12484, National Bureau of Economic Research, Inc.
    2. Sandrine Levasseur, 2011. "Production under foreign ownership and domestic volatility: An empirical investigation at the sector level," Documents de Travail de l'OFCE 2011-01, Observatoire Francais des Conjonctures Economiques (OFCE).
    3. Kan Chen & Mario Crucini, 2016. "Trends and cycles in small open economies: Making the case for a general equilibrium approach," CAMA Working Papers 2016-50, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    4. Kan Chen & Mario Crucini, 2016. "Trends & Cycles in Small Open Economies:Making the Case for a General Equilibrium Approach," Working Papers 16/12, BBVA Bank, Economic Research Department.
    5. Hess, Martin K., 2004. "Dynamic and asymmetric impacts of macroeconomic fundamentals on an integrated stock market," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 14(5), pages 455-471, December.
    6. Olfa Alouini & Paul Hubert, 2019. "Country size, economic performance and volatility," Revue de l'OFCE, Presses de Sciences-Po, vol. 0(4), pages 139-163.
    7. Gordon L. Brady & Cosimo Magazzino, 2018. "Sustainability and comovement of government debt in EMU Countries: A panel data analysis," Southern Economic Journal, John Wiley & Sons, vol. 85(1), pages 189-202, July.
    8. Julian di Giovanni & Andrei A. Levchenko, 2012. "Country Size, International Trade, and Aggregate Fluctuations in Granular Economies," Journal of Political Economy, University of Chicago Press, vol. 120(6), pages 1083-1132.
    9. Chadwick, Meltem, 2010. "An Empirical Analysis of Fluctuations in Economic Efficiency in European Countries," MPRA Paper 75304, University Library of Munich, Germany.
    10. Haroon Mumtaz & Saverio Simonelli & Paolo Surico, 2009. "International Comovements, Business Cycle and Inflation: a Historical Perspective," CSEF Working Papers 233, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
    11. Albanese, Giuseppe & Modica, Salvatore, 2010. "Co-movement of public spending in the G7," Economics Letters, Elsevier, vol. 109(2), pages 121-123, November.
    12. Christopher Otrok & Ayhan Kose & Mario J. Crucini, 2009. "What are the driving forces of international business cycles," 2009 Meeting Papers 820, Society for Economic Dynamics.
    13. M. Ayhan Kose & Christopher Otrok & Charles H. Whiteman, 2003. "International Business Cycles: World, Region, and Country-Specific Factors," American Economic Review, American Economic Association, vol. 93(4), pages 1216-1239, September.
    14. Cosimo Magazzino & Marco Mele, 2022. "A Dynamic Factor and Neural Networks Analysis of the Co-movement of Public Revenues in the EMU," Italian Economic Journal: A Continuation of Rivista Italiana degli Economisti and Giornale degli Economisti, Springer;Società Italiana degli Economisti (Italian Economic Association), vol. 8(2), pages 289-338, July.
    15. Roberto Roson & Martina Sartori, 2014. "Why can sectoral shocks lead to sizable macroeconomic fluctuations? Assessing alternative theories by means of stochastic simulation with a general equilibrium model," Working Papers 2014:16, Department of Economics, University of Venice "Ca' Foscari".
    16. Mr. Kanda Naknoi & Mr. Allan D. Brunner, 2003. "Trade Costs, Market Integration, and Macroeconomic Volatility," IMF Working Papers 2003/054, International Monetary Fund.
    17. Irene Brunetti & Davide Fiaschi & Lisa Gianmoena & Angela Parenti, 2015. "Volatility in European Regions," Discussion Papers 2015/201, Dipartimento di Economia e Management (DEM), University of Pisa, Pisa, Italy.
    18. Mr. Marco Terrones & Mr. Eswar S Prasad & Mr. Ayhan Kose, 2003. "Financial Integration and Macroeconomic Volatility," IMF Working Papers 2003/050, International Monetary Fund.
    19. Ross McCown, James, 2001. "Yield curves and international equity returns," Journal of Banking & Finance, Elsevier, vol. 25(4), pages 767-788, April.
    20. Pan, Huiran & Wang, Chun, 2012. "Government debt in the euro area—Evidence from dynamic factor analysis," Economics Letters, Elsevier, vol. 115(2), pages 272-275.
    21. Sapci, Ayse, 2017. "Costly financial intermediation and excess consumption volatility," Journal of Macroeconomics, Elsevier, vol. 51(C), pages 97-114.
    22. Buch, Claudia M., 2002. "Business Cycle Volatility and Globalization: A Survey," Kiel Working Papers 1107, Kiel Institute for the World Economy (IfW Kiel).
    23. Sunghyun Henry Kim & M. Ayhan Kose & Michael G. Plummer, 2003. "Dynamics of Business Cycles in Asia: Differences and Similarities," Review of Development Economics, Wiley Blackwell, vol. 7(3), pages 462-477, August.
    24. Naknoi, Kanda, 2015. "Exchange rate volatility and fluctuations in the extensive margin of trade," Journal of Economic Dynamics and Control, Elsevier, vol. 52(C), pages 322-339.
    25. Roson, Roberto & Sartori, Martina, 2014. "Input-output linkages and the propagation of domestic productivity shocks: Assessing alternative theories with stochastic simulation," MPRA Paper 59884, University Library of Munich, Germany.
    26. Christian Zimmermann, 1995. "International Trade over the Business Cycle: Stylized Facts and Remaining Puzzles," Cahiers de recherche CREFE / CREFE Working Papers 37, CREFE, Université du Québec à Montréal, revised Aug 1997.
    27. Ahmed, Abdullahi D. & Suardi, Sandy, 2009. "Macroeconomic Volatility, Trade and Financial Liberalization in Africa," World Development, Elsevier, vol. 37(10), pages 1623-1636, October.
    28. Guillermo Larrain & Mariel Siravegna & Guillermo Yañez, 2009. "Intégration aux marchés financiers internationaux et lissage de la consommation : observations récentes en Amérique latine," Revue d'Économie Financière, Programme National Persée, vol. 95(2), pages 87-108.
    29. Leif Anders Thorsrud, 2013. "Global and regional business cycles. Shocks and propagations," Working Paper 2013/08, Norges Bank.

  25. Crucini, Mario J. & Kahn, James, 1996. "Tariffs and aggregate economic activity: Lessons from the Great Depression," Journal of Monetary Economics, Elsevier, vol. 38(3), pages 427-467, December.
    See citations under working paper version above.
  26. Baxter, Marianne & Crucini, Mario J, 1995. "Business Cycles and the Asset Structure of Foreign Trade," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 36(4), pages 821-854, November.
    See citations under working paper version above.
  27. Crucini, Mario J, 1994. "Sources of Variation in Real Tariff Rates: The United States, 1900-1940," American Economic Review, American Economic Association, vol. 84(3), pages 732-743, June.

    Cited by:

    1. Yoshiyasu Ono, 2010. "Trade Policy, Exchange Rate Adjustment and Unemployment," Chapters, in: Noel Gaston & Ahmed M. Khalid (ed.), Globalization and Economic Integration, chapter 7, Edward Elgar Publishing.
    2. Douglas A. Irwin, 2019. "U.S. Trade Policy in Historical Perspective," NBER Working Papers 26256, National Bureau of Economic Research, Inc.
    3. Benjamin Bridgman, 2010. "Market Entry and Trade Weighted Import Costs," BEA Working Papers 0067, Bureau of Economic Analysis.
    4. Crucini, M.J. & Kahn, J., 1994. "Tarrifs and Aggregate Economic Activity: Lessons from the Great Depression," RCER Working Papers 383, University of Rochester - Center for Economic Research (RCER).
    5. Irwin, Douglas & Bown, Chad, 2015. "The GATT's Starting Point: Tariff Levels circa 1947," CEPR Discussion Papers 10979, C.E.P.R. Discussion Papers.
    6. Irwin, Douglas A. & Kroszner, Randall S., 1996. "Log-Rolling and Economic Interests in the Passage of the Smoot-Hawley Tariff," Working Papers 124, The University of Chicago Booth School of Business, George J. Stigler Center for the Study of the Economy and the State.
    7. Schlör, Holger & Venghaus, Sandra, 2022. "Measuring resilience in the food-energy-water nexus based on ethical values and trade relations," Applied Energy, Elsevier, vol. 323(C).
    8. Jakob B. Madsen, 2001. "Trade Barriers and the Collapse of World Trade During the Great Depression," Southern Economic Journal, John Wiley & Sons, vol. 67(4), pages 848-868, April.
    9. James MacGee & Chris Hajzler, 2012. "Retail Price Differences across U.S. and Canadian Cities during the Interwar Period," 2012 Meeting Papers 1126, Society for Economic Dynamics.
    10. Charles W. Calomiris & Christopher Hanes, 1994. "Historical Macroeconomics and American Macroeconomic History," NBER Working Papers 4935, National Bureau of Economic Research, Inc.
    11. Douglas A. Irwin & Randall S. Kroszner, 1996. "Log-Rolling and Economic Interests in the Passage of the Smoot-Hawley Tariff," NBER Working Papers 5510, National Bureau of Economic Research, Inc.
    12. Pim de Zwart & Markus Lampe & Kevin Hjortshøj O'Rourke, 2024. "The last free traders? Interwar trade policy in the Netherlands and Netherlands East Indies," Economic History Review, Economic History Society, vol. 77(3), pages 1057-1085, August.
    13. Douglas A. Irwin, 1998. "From Smoot-Hawley to Reciprocal Trade Agreements: Changing the Course of U.S. Trade Policy in the 1930s," NBER Chapters, in: The Defining Moment: The Great Depression and the American Economy in the Twentieth Century, pages 325-352, National Bureau of Economic Research, Inc.
    14. Kris James Mitchener Author e-mail: kmitchener@scu.edu & Kirsten Wandschneider Author e-mail: kirsten.wandschneider@univie.ac.at & Kevin Hjortshøj O’Rourke Author e-mail: akevin.orourke@nyu.edu, 2021. "The Smoot-Hawley Trade War," Working Papers 20210061, New York University Abu Dhabi, Department of Social Science, revised Mar 2021.
    15. Mario J. Crucini & James Kahn, 2003. "Tariffs and the Great Depression Revisited," Vanderbilt University Department of Economics Working Papers 0316, Vanderbilt University Department of Economics.
    16. Barry Eichengreen & Douglas A. Irwin, 2009. "The Slide to Protectionism in the Great Depression: Who Succumbed and Why?," NBER Working Papers 15142, National Bureau of Economic Research, Inc.
    17. Eric W. Bond & Mario J. Crucini & Tristan Potter & Joel Rodrigue, 2012. "Misallocation and Productivity Effects of the Smoot-Hawley Tariff," NBER Working Papers 18034, National Bureau of Economic Research, Inc.
    18. Bown, Chad & Crowley, Meredith A., 2016. "The Empirical Landscape of Trade Policy," CEPR Discussion Papers 11216, C.E.P.R. Discussion Papers.
    19. Lukas Boer & Malte Rieth, 2024. "The Macroeconomic Consequences of Import Tariffs and Trade Policy Uncertainty," IMF Working Papers 2024/013, International Monetary Fund.
    20. Kris James Mitchener & Kirsten Wandschneider & Kevin Hjortshøj O'Rourke, 2021. "The Smoot-Hawley Trade War," NBER Working Papers 28616, National Bureau of Economic Research, Inc.
    21. Bordo, Michael D., 1996. "Log-rolling, partisanship, and economic interest in the passage of the Hawley-Smoot tariff A comment," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 45(1), pages 201-205, December.
    22. Jacks, David S., 2014. "Defying gravity: The Imperial Economic Conference and the reorientation of Canadian trade," Explorations in Economic History, Elsevier, vol. 53(C), pages 19-39.

  28. Baxter, Marianne & Crucini, Mario J, 1993. "Explaining Saving-Investment Correlations," American Economic Review, American Economic Association, vol. 83(3), pages 416-436, June.
    See citations under working paper version above.
  29. Baxter, Marianne & Crucini, Mario J & Rouwenhorst, K Geert, 1990. "Solving the Stochastic Growth Model by a Discrete-State-Space, Euler-Equation Approach," Journal of Business & Economic Statistics, American Statistical Association, vol. 8(1), pages 19-21, January.

    Cited by:

    1. Lilia Maliar & Fernando Valli & Serguei Maliar, 2009. "Solving the incomplete markets model with aggregate uncertainty using the Krusell-Smith algorithm," Working Papers. Serie AD 2009-03, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    2. John B. Taylor & Harald Uhlig, 1989. "Solving Nonlinear Stochastic Growth Models: A Comparison of Alternative Solution Methods," NBER Working Papers 3117, National Bureau of Economic Research, Inc.
    3. Maldonado, Wilfredo L. & Moreira, Humberto Luiz Ataíde, 2006. "Solving Euler Equations: Classical Methods and the C¹ Contraction Mapping Method Revisited," Revista Brasileira de Economia - RBE, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil), vol. 60(2), November.
    4. Wilfredo L. Maldonado & Benar F. Svaiter, 2002. "On the accuracy of the estimated policy function using the Bellman contraction method," Computing in Economics and Finance 2002 30, Society for Computational Economics.
    5. William A. Barnett & Yi Liu & Haiyang Xu & Mark Jensen, 1996. "The CAPM Risk Adjustment Needed for Exact Aggregation over Financial Assets," Econometrics 9602003, University Library of Munich, Germany.
    6. Maldonado, Wilfredo L. & Svaiter, B.F., 2007. "Holder continuity of the policy function approximation in the value function approximation," Journal of Mathematical Economics, Elsevier, vol. 43(5), pages 629-639, June.
    7. Alexander Richter & Nathaniel Throckmorton & Todd Walker, 2014. "Accuracy, Speed and Robustness of Policy Function Iteration," Computational Economics, Springer;Society for Computational Economics, vol. 44(4), pages 445-476, December.
    8. Sefton, J. A., 2000. "A solution method for consumption decisions in a dynamic stochastic general equilibrium model," Journal of Economic Dynamics and Control, Elsevier, vol. 24(5-7), pages 1097-1119, June.
    9. Kenneth L. Judd, 1991. "Minimum weighted residual methods for solving aggregate growth models," Discussion Paper / Institute for Empirical Macroeconomics 49, Federal Reserve Bank of Minneapolis.
    10. Michael Dotsey & Ching-Sheng Mao, 1990. "How well do linear approximation methods work? results for suboptimal dynamic equilibria," Working Paper 90-11, Federal Reserve Bank of Richmond.

Software components

    Sorry, no citations of software components recorded.

Chapters

  1. John P. Conley & Mario J. Crucini & Robert A. Driskill & Ali Sina Önder, 2020. "Publication lags and the research output of young economists," Vox eBook Chapters, in: Sebastian Galliani & Ugo Panizza (ed.), Publishing and Measuring Success in Economics, edition 1, volume 1, chapter 1, pages 67-72, Centre for Economic Policy Research.

    Cited by:

    1. Blanco, Laura Cristina, 2023. "Cheated by academia: a review of the status of women in academia," Revista de Ciencias Económicas, Instituto de Investigaciones en Ciencias Económicas, Universidad de Costa Rica, vol. 41(1), January.
    2. Laura C. Blanco, 2022. "Diferenciales salariales de género y sus determinantes para el personal académico en propiedad en la Universidad de Costa Rica. (Gender wage differentials and its determinants for tenured academics at," Working Papers 202204, Universidad de Costa Rica, revised May 2022.
    3. Adolfo Rodríguez Herrera, 2022. "Valor y medición del trabajo. El tiempo de trabajo socialmente necesario," Working Papers 202205, Universidad de Costa Rica, revised Sep 2022.

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