Content
2010
- 999 Monetary policy and the cyclicality of risk
by Christopher J. Gust & J. David López-Salido - 998 Immigration, remittances and business cycles
by Federico S. Mandelman & Andrei Zlate - 997 News and sovereign default risk in small open economies
by Bora Durdu & Ricardo Nunes & Horacio Sapriza - 996 Interest on excess reserves as a monetary policy instrument: the experience of foreign central banks
by David Bowman & Etienne Gagnon & Michael P. Leahy - 995 Offshore production and business cycle dynamics with heterogeneous firms
by Andrei Zlate - 994 How did a domestic housing slump turn into a global financial crisis?
by Steven B. Kamin & Laurie Pounder DeMarco - 993 Term structure forecasting using macro factors and forecast combination
by Michiel De Pooter & Francesco Ravazzolo & Dick van Dijk - 992 Technology shocks: novel implications for international business cycles
by Andrea Raffo - 991 Heterogeneous firms and import quality: evidence from transaction-level prices
by Benjamin R. Mandel - 990 Firm-specific capital, nominal rigidities and the business cycle
by David E. Altig & Lawrence J. Christiano & Martin S. Eichenbaum & Jesper Lindé
2009
- 989 Labor market search in emerging economies
by Emine Boz & Bora Durdu & Nan Li - 988 Asset returns with earnings management
by Bo Sun - 987 Are Chinese exports sensitive to changes in the exchange rate?
by Shaghil Ahmed - 986 Diversification across characteristics
by Erik Hjalmarsson - 985 Executive compensation and earnings management under moral hazard
by Bo Sun - 984 Portfolio inertia and the equity premium
by Christopher J. Gust & J. David López-Salido - 983 The Effects of Foreign Shocks when Interest Rates are at Zero
by Martin Bodenstein & Christopher J. Erceg & Luca Guerrieri - 982 The market-perceived monetary policy rule
by Scott C. Borger & James D. Hamilton & Seth Pruitt - 981 Characteristic-based mean-variance portfolio choice
by Erik Hjalmarsson & Peter Manchev - 980 Rise of the machines: algorithmic trading in the foreign exchange market
by Alain P. Chaboud & Benjamin Chiquoine & Erik Hjalmarsson & Clara Vega - 979 Did easy money in the dollar bloc fuel the global commodity boom?
by Christopher J. Erceg & Luca Guerrieri & Steven B. Kamin - 978 The power of long-run structural VARs
by Christopher J. Gust & Robert J. Vigfusson - 977 Decomposing the U.S. external returns differential
by Stephanie E. Curcuru & Tomas Dvorak & Francis E. Warnock - 976 The puzzling peso
by Carlos Arteta & Steven B. Kamin & Justin Vitanza - 975 On the solvency of nations: are global imbalances consistent with intertemporal budget constraints?
by Bora Durdu & Enrique G. Mendoza & Marco E. Terrones - 974 South Africa's post-apartheid two-step: social demands versus macro stability
by Brahima Coulibaly & Trevon D. Logan - 973 The impact of macroeconomic announcements on real time foreign exchange rates in emerging markets
by Fang Cai & Hyunsoo Joo & Zhiwei Zhang - 972 Border prices and retail prices
by David W. Berger & Jon Faust & John H. Rogers & Kai Steverson - 971 Consumption response to expected future income
by Laurie Pounder DeMarco - 970 Pitfalls in estimating asymmetric effects of energy price shocks
by Lutz Kilian & Robert J. Vigfusson - 969 Exchange rates dependence: what drives it?
by Sigridur Benediktsdottir & Chiara Scotti - 968 Markup variation and endogenous fluctuations in the price of investment goods
by Max Floetotto & Nir Jaimovich & Seth Pruitt - 967 Biofuels impact on crop and food prices: using an interactive spreadsheet
by Scott L. Baier & Mark Clements & Charles W. Griffiths & Jane E. Ihrig - 966 Currency crashes in industrial countries: much ado about nothing?
by Joseph E. Gagnon - 965 Tax smoothing in frictional labor markets
by David M. Arseneau & Sanjay K. Chugh - 964 The demand for youth: implications for the hours volatility puzzle
by Nir Jaimovich & Seth Pruitt & Henry E. Siu - 963 The Taylor rule and forecast intervals for exchange rates
by Jian Wang & Jason J. Wu
2008
- 962 Uncertainty over models and data: the rise and fall of American inflation
by Seth Pruitt - 961 Fiscal policy in the European Monetary Union
by Betty C. Daniel & Christos Shiamptanis - 960 Sudden stops, financial crises and leverage: a Fisherian deflation of Tobin's Q
by Enrique G. Mendoza - 959 The fragility of sensitivity analysis: an encompassing perspective
by Neil R. Ericsson - 958 Home computers and educational outcomes: evidence from the NLSY97 and CPS
by Daniel O. Beltran & Kuntal K. Das & Robert W. Fairlie - 957 Do energy prices respond to U.S. macroeconomic news? a test of the hypothesis of predetermined energy prices
by Lutz Kilian & Clara Vega - 956 A non-random walk revisited: short- and long-term memory in asset prices
by Paul Eitelman & Justin Vitanza - 955 Estimating the parameters of a small open economy DSGE model: identifiability and inferential validity
by Daniel O. Beltran & David Draper - 954 Housing market risks in the United Kingdom
by Robert F. Martin - 953 Testing the expectations hypothesis when interest rates are near integrated
by Meredith J. Beechey & Erik Hjalmarsson & Pär Österholm - 952 Do fundamentals explain the international impact of U.S. interest rates? evidence at the firm level
by John Ammer & Clara Vega & Jon Wongswan - 951 Soft information in earnings announcements: news or noise?
by Elizabeth Demers & Clara Vega - 950 Assessing the potential for further foreign demand for U.S. assets: Has financing U.S. current account deficits made foreign investors overweight in U.S. securities?
by Carol C. Bertaut - 949 Expected consumption growth from cross-country surveys: implications for assessing international capital markets
by Charles Engel & John H. Rogers - 948 Exchange rates and fundamentals: a generalization
by James M. Nason & John H. Rogers - 947 Current account sustainability and relative reliability
by Stephanie E. Curcuru & Charles P. Thomas & Francis E. Warnock - 946 Emerging market business cycles with remittance fluctuations
by Bora Durdu & Serdar Sayan - 945 Escape from New York: the market impact of SEC Rule 12h-6
by Nuno Fernandes & Ugur Lel & Darius P. Miller - 944 The macroeconomic effect of external pressures on monetary policy
by Davide Debortoli & Ricardo Nunes - 943 Constructive data mining: modeling Argentine broad money demand
by Neil R. Ericsson & Steven B. Kamin - 942 The Asian financial crisis, uphill flow of capital, and global imbalances: evidence from a micro study
by Brahima Coulibaly & Jonathan N. Millar - 941 Optimal monetary policy with distinct core and headline inflation rates
by Martin Bodenstein & Christopher J. Erceg & Luca Guerrieri - 940 Friends or foes? The stock price impact of sovereign wealth fund investments and the price of keeping secrets
by Jason Kotter & Ugur Lel - 939 Foreign exposure to asset-backed securities of U.S. origin
by Daniel O. Beltran & Laurie Pounder DeMarco & Charles P. Thomas - 938 Political disagreement, lack of commitment and the level of debt
by Davide Debortoli & Ricardo Nunes - 937 Simple monetary rules under fiscal dominance
by Michael Kumhof & Ricardo Nunes & Irina Yakadina - 936 An anatomy of credit booms: evidence from macro aggregates and micro data
by Enrique G. Mendoza & Marco E. Terrones - 935 How long can the unsustainable U.S. current account deficit be sustained?
by Carol C. Bertaut & Steven B. Kamin & Charles P. Thomas - 934 Trade elasticity of substitution and equilibrium dynamics
by Martin Bodenstein - 933 Predicting global stock returns
by Erik Hjalmarsson - 932 Jackknifing stock return predictions
by Benjamin Chiquoine & Erik Hjalmarsson - 931 Housing, home production, and the equity and value premium puzzles
by Morris A. Davis & Robert F. Martin - 930 Why do U.S. cross-listings matter?
by John Ammer & Sara B. Holland & David C. Smith & Francis E. Warnock - 929 Competitive search equilibrium in a DSGE model
by David M. Arseneau & Sanjay K. Chugh - 928 Interpreting long-horizon estimates in predictive regressions
by Erik Hjalmarsson - 927 Emerging market business cycles revisited: learning about the trend
by Emine Boz & Christian Daude & Bora Durdu - 926 Predicting cycles in economic activity
by Jane Haltmaier - 925 Bank integration and financial constraints: evidence from U.S. firms
by Ricardo Correa - 924 A solution to the default risk-business cycle disconnect
by Enrique G. Mandoza & Vivian Z. Yue - 923 Do differences in financial development explain the global pattern of current account imbalances?
by Joseph W. Gruber & Steven B. Kamin - 922 Cross-border bank acquisitions: Is there a performance effect?
by Ricardo Correa - 921 Cross-border returns differentials
by Stephanie E. Curcuru & Tomas Dvorak & Francis E. Warnock - 920 On the application of automatic differentiation to the likelihood function for dynamic general equilibrium models
by Houtan Bastani & Luca Guerrieri - 919 Optimal fiscal and monetary policy in customer markets
by David M. Arseneau & Sanjay K. Chugh - 918 International competition and inflation: a New Keynesian perspective
by Luca Guerrieri & Christopher J. Gust & J. David López-Salido - 917 Measuring U.S. international relative prices: a WARP view of the world
by Sean Fahle & Jaime R. Marquez & Charles P. Thomas
2007
- 916 Loose commitment
by Davide Debortoli & Ricardo Nunes - 915 Testing for cointegration using the Johansen methodology when variables are near-integrated
by Erik Hjalmarsson & Pär Österholm - 914 The Stambaugh bias in panel predictive regressions
by Erik Hjalmarsson - 913 India's future: it's about jobs
by Geoffrey N. Keim & Beth Anne Wilson - 912 Sovereign CDS and bond pricing dynamics in emerging markets: does the cheapest-to-deliver option matter?
by John Ammer & Fang Cai - 911 Precautionary demand for foreign assets in sudden stop economies: an assessment of the new mercantilism
by Bora Durdu & Enrique G. Mendoza & Marco E. Terrones - 910 Monthly estimates of U.S. cross-border securities positions
by Carol C. Bertaut & Ralph W. Tryon - 909 Quantitative implications of indexed bonds in small open economies
by Bora Durdu - 908 External governance and debt agency costs of family firms
by Andrew Ellul & Levent Guntay & Ugur Lel - 907 A residual-based cointegration test for near unit root variables
by Erik Hjalmarsson & Pär Österholm - 906 The transmission of domestic shocks in the open economy
by Christopher J. Erceg & Christopher J. Gust & J. David López-Salido - 905 Frequency of observation and the estimation of integrated volatility in deep and liquid financial markets
by Alain P. Chaboud & Benjamin Chiquoine & Erik Hjalmarsson & Mico Loretan - 904 The role of China in Asia: engine, conduit, or steamroller?
by Shaghil Ahmed & Brahima Coulibaly & Jane Haltmaier & Ross Knippenberg & Sylvain Leduc & Mario Marazzi & Beth Anne Wilson - 903 Trading activity and exchange rates in high-frequency EBS data
by Alain P. Chaboud & Sergey V. Chernenko & Jonathan H. Wright - 902 Exchange rate pass-through to export prices: assessing some cross-country evidence
by Joseph E. Gagnon & Nathan Sheets & Robert J. Vigfusson - 901 Real-time measurement of business conditions
by S. Boragan Aruoba & Francis X. Diebold & Chiara Scotti - 900 Bargaining, fairness, and price rigidity in a DSGE environment
by David M. Arseneau & Sanjay K. Chugh - 899 What can the data tell us about carry trades in Japanese yen?
by Alain P. Chaboud & Joseph E. Gagnon - 898 Three great American disinflations
by Michael D. Bordo & Christopher J. Erceg & Andrew T. Levin & Ryan Michaels - 897 Oil shocks and external adjustment
by Martin Bodenstein & Christopher J. Erceg & Luca Guerrieri - 896 Price setting during low and high inflation: evidence from Mexico
by Etienne Gagnon - 895 A note on the coefficient of determination in models with infinite variance variables
by Jeong-Ryeol Kurz-Kim & Mico Loretan - 894 The stability of large external imbalances: the role of returns differentials
by Stephanie E. Curcuru & Tomas Dvorak & Francis E. Warnock - 893 Optimal fiscal and monetary policy with costly wage bargaining
by David M. Arseneau & Sanjay K. Chugh - 892 U.S. external adjustment: is it disorderly? Is it unique? Will it disrupt the rest of the world?
by Steven B. Kamin & Trevor A. Reeve & Nathan Sheets - 891 Some simple tests of the globalization and inflation hypothesis
by Jane E. Ihrig & Steven B. Kamin & Deborah J. Lindner & Jaime R. Marquez - 890 Dollarization and financial integration
by Cristina Arellano & Jonathan Heathcote - 889 Markov switching GARCH models of currency turmoil in southeast Asia
by Celso Brunetti & Roberto S. Mariano & Chiara Scotti & Augustine H. H. Tan
2006
- 888 Are antidumping duties for sale? case-level evidence on the Grossman-Helpman protection for sale model
by Carolyn L. Evans & Shane M. Sherlund - 887 Flying geese or sitting ducks: China’s impact on the trading fortunes of other Asian economies
by Alan G. Ahearne & John G. Fernald & Prakash Loungani & John W. Schindler - 886 Global asset prices and FOMC announcements
by Joshua Hausman & Jon Wongswan - 885 Of nutters and doves
by Roc Armenter & Martin Bodenstein - 884 International Asset Markets and Real Exchange Rate Volatility
by Martin Bodenstein - 883 Measurement matters for modeling U.S. import prices
by Jaime R. Marquez & Charles P. Thomas - 882 Changes in job quality and trends in labor hours
by Brahima Coulibaly - 881 Predicting sharp depreciations in industrial country exchange rates
by Joseph E. Gagnon & Jonathan H. Wright - 880 Optimal fiscal and monetary policy when money is essential
by S. Boragan Aruoba & Sanjay K. Chugh - 879 Efficiency in Housing Markets: Do Home Buyers Know how to Discount?
by Erik Hjalmarsson & Randi Hjalmarsson - 878 Sovereign debt crises and credit to the private sector
by Carlos Arteta & Galina Hale - 877 International cross-listing, firm performance and top management turnover: a test of the bonding hypothesis
by Ugur Lel & Darius P. Miller - 876 An empirical analysis of specialist trading behavior at the New York Stock Exchange
by Sigridur Benediktsdottir - 875 A bivariate model of Fed and ECB main policy rates
by Chiara Scotti - 874 Informed and strategic order flow in the bond markets
by Paolo Pasquariello & Clara Vega - 873 Monetary policy, oil shocks, and TFP: accounting for the decline in U.S. volatility
by Sylvain Leduc & Keith Sill - 872 The monetary origins of asymmetric information in international equity markets
by Gregory H. Bauer & Clara Vega - 871 Real-time price discovery in global stock, bond and foreign exchange markets
by Torben G. Andersen & Tim Bollerslev & Francis X. Diebold & Clara Vega - 870 Ramsey meets Hosios: the optimal capital tax and labor market efficiency
by David M. Arseneau & Sanjay K. Chugh - 869 Predictive regressions with panel data
by Erik Hjalmarsson - 868 How do FOMC actions and U.S. macroeconomic data announcements move Brazilian sovereign yield spreads and stock prices?
by Patrice T. Robitaille & Jennifer E. Roush - 867 Closing Large Open Economy Models
by Martin Bodenstein - 866 Assessing structural VARs
by Lawrence J. Christiano & Martin S. Eichenbaum & Robert J. Vigfusson - 865 Does the time inconsistency problem make flexible exchange rates look worse than you think?
by Roc Armenter & Martin Bodenstein - 864 Trade integration, competition, and the decline in exchange-rate pass-through
by Christopher J. Gust & Sylvain Leduc & Robert J. Vigfusson - 863 Transmission of volatility and trading activity in the global interdealer foreign exchange market: evidence from electronic broking services (EBS) data
by Fang Cai & Edward Howorka & Jon Wongswan - 862 What drives volatility persistence in the foreign exchange market?
by David W. Berger & Alain P. Chaboud & Erik Hjalmarsson & Edward Howorka - 861 Exchange-rate effects on China’s trade: an interim report
by Jaime R. Marquez & John W. Schindler - 860 Can the U.S. monetary policy fall (again) in an expectation trap?
by Roc Armenter & Martin Bodenstein - 859 Trade adjustment and the composition of trade
by Christopher J. Erceg & Luca Guerrieri & Christopher J. Gust - 858 Currency hedging and corporate governance: a cross-country analysis
by Ugur Lel - 857 Modeling direct investment valuation adjustments and estimating quarterly positions
by Jane E. Ihrig & Jaime R. Marquez - 856 The U.S. current account deficit and the expected share of world output
by Charles Engel & John H. Rogers - 855 Should we expect significant out-of-sample results when predicting stock returns?
by Erik Hjalmarsson - 854 Fully modified estimation with nearly integrated regressors
by Erik Hjalmarsson - 853 Inference in Long-Horizon Regressions
by Erik Hjalmarsson - 851 Exchange-rate pass-through in the G-7 countries
by Jane E. Ihrig & Mario Marazzi & Alexander D. Rothenberg - 850 The Adjustment of Global External Imbalances: Does Partial Exchange Rate Pass-Through to Trade Prices Matter?
by Christopher J. Gust & Nathan Sheets - 848 Fighting against currency depreciation, macroeconomic instability and sudden stops
by Luis-Felipe Zanna - 830 Order Flow and Exchange Rate Dynamics in Electronic Brokerage System Data
by David W. Berger & Alain P. Chaboud & Sergey V. Chernenko & Edward Howorka & Jonathan H. Wright
2005
- 852 Estimation of average local-to-unity roots in heterogenous panels
by Erik Hjalmarsson - 849 Interest rate rules, endogenous cycles, and chaotic dynamics in open economies
by Marco Airaudo & Luis-Felipe Zanna - 847 The baby boom: predictability in house prices and interest rates
by Robert F. Martin - 846 Explaining the global pattern of current account imbalances
by Joseph W. Gruber & Steven B. Kamin - 845 DSGE models of high exchange-rate volatility and low pass-through
by Giancarlo Corsetti & Luca Dedola & Sylvain Leduc - 844 The response of global equity indexes to U.S. monetary policy announcements
by Jon Wongswan - 843 Accounting standards and information: inferences from cross-listed financial firms
by John Ammer & Nathanael Clinton & Gregory P. Nini - 842 Alternative procedures for estimating vector autoregressions identified with long-run restrictions
by Lawrence J. Christiano & Martin S. Eichenbaum & Robert J. Vigfusson - 841 Monetary policy and house prices: a cross-country study
by Alan G. Ahearne & John Ammer & Brian M. Doyle & Linda S. Kole & Robert F. Martin - 840 International capital flows and U.S. interest rates
by Francis E. Warnock & Veronica C. Warnock - 839 Effects of financial autarky and integration: the case of the South Africa embargo
by Brahima Coulibaly - 838 General-to-specific modeling: an overview and selected bibliography
by Julia Campos & Neil R. Ericsson & David F. Hendry - 837 Currency Crashes and Bond Yields in Industrial Countries
by Joseph E. Gagnon - 836 Estimating elasticities for U.S. trade in services
by Jaime R. Marquez - 835 SIGMA: A New Open Economy Model for Policy Analysis
by Christopher J. Erceg & Luca Guerrieri & Christopher J. Gust - 834 Optimal fiscal and monetary policy with sticky wages and sticky prices
by Sanjay K. Chugh - 833 Exchange rate pass-through to U.S. import prices: some new evidence
by Jon Faust & Joseph E. Gagnon & Mario Marazzi & Jaime R. Marquez & Robert F. Martin & Trevor A. Reeve & John H. Rogers & Nathan Sheets & Robert J. Vigfusson - 832 A Flexible Finite-Horizon Identification of Technology Shocks
by Neville Francis & Michael T. Owyang & Jennifer E. Roush - 831 Adjusting Chinese bilateral trade data: how big is China's trade surplus
by Dustin H. Beckett & John W. Schindler - 829 Optimal inflation persistence: Ramsey taxation with capital and habits
by Sanjay K. Chugh - 828 Investment-specific and multifactor productivity in multi-sector open economies: data and analysis
by Luca Guerrieri & Dale W. Henderson & Jinill Kim - 827 Financial market developments and economic activity during current account adjustments in industrial economies
by Hilary Croke & Steven B. Kamin & Sylvain Leduc - 826 International risk-sharing and the transmission of productivity shocks
by Giancarlo Corsetti & Luca Dedola & Sylvain Leduc - 825 Expansionary fiscal shocks and the trade deficit
by Christopher J. Erceg & Luca Guerrieri & Christopher J. Gust - 824 An assessment of the impact of Japanese foreign exchange intervention: 1991-2004
by Alain P. Chaboud & Owen F. Humpage
2004
- 823 The high-frequency effects of U.S. macroeconomic data releases on prices and trading activity in the global interdealer foreign exchange market
by Alain P. Chaboud & Sergey V. Chernenko & Edward Howorka & Raj S. Krishnasami Iyer & David Liu & Jonathan H. Wright - 822 Growth-led exports: is variety the spice of trade?
by Joseph E. Gagnon - 821 Global financial integration: a collection of new research
by Mark S. Carey - 820 The value of financial intermediaries: empirical evidence from syndicated loans to emerging market borrowers
by Gregory P. Nini - 819 What makes investors over or underweight? explaining international appetites for foreign equities
by Carol C. Bertaut & Linda S. Kole - 818 Cash flows and discount rates, industry and country effects, and co-movement in stock returns
by John Ammer & Jon Wongswan - 817 The Performance of International Equity Portfolios
by Charles P. Thomas & Francis E. Warnock & Jon Wongswan - 816 Corporate governance and the shareholder base
by Karl V. Lins & Francis E. Warnock - 815 Look at me now: the role of cross-listing in attracting U.S. investors
by John Ammer & Sara B. Holland & David C. Smith & Francis E. Warnock - 814 PPP rules, macroeconomic (In)stability and learning
by Luis-Felipe Zanna - 813 Is the corporate loan market globally integrated? a pricing puzzle
by Mark S. Carey & Gregory P. Nini - 812 Does monetary policy keep up with the Joneses? Optimal interest-rate smoothing with consumption externalities
by Sanjay K. Chugh - 811 The ET interview: professor David F. Hendry
by Neil R. Ericsson - 810 The delayed response to a technology shock: a flexible price explanation
by Robert J. Vigfusson - 809 Good news is no news? The impact of credit rating changes on the pricing of asset-backed securities
by John Ammer & Nathanael Clinton - 808 The information content of forward and futures prices: market expectations and the price of risk
by Sergey V. Chernenko - 807 Is inflation targeting best-practice monetary policy?
by Jon Faust & Dale W. Henderson - 806 Optimal monetary and fiscal policy: a linear-quadratic approach
by Pierpaolo Benigno & Michael Woodford - 805 Understanding the effects of government spending on consumption
by Jordi Gali & J. David López-Salido & Javier Vallés - 804 The decline of activist stabilization policy: natural rate misperceptions, learning, and expectations
by Athanasios Orphanides & John C. Williams - 803 Benefits and spillovers of greater competition in Europe: a macroeconomic assessment
by Tamim Bayoumi & Douglas Laxton & Paolo Pesenti - 802 Monetary discretion, pricing complementarity and dynamic multiple equilibria
by Robert G. King & Alexander L. Wolman