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International business cycles under fixed and flexible exchange rate regimes
Kouparitsas, Michael A. (contributor) - 2003 - [Elektronische Ressource]
"This paper studies the changing characteristics of post-war international comovement under fixed and flexible exchange regimes. I find that business cycle comovement among all the G7 economies was highest in the universally flexible exchange rate era following the collapse of Bretton Woods (BW)...
Persistent link: https://www.econbiz.de/10001909266
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Trade structure, industrial structure, and international business cycles
Baxter, Marianne (contributor);  … - 2002 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001761390
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The growing importance of family and community : an analysis of changes in the sibling correlation in earnings
Mazumder, Bhashkar (contributor);  … - 2003 - [Elektronische Ressource]
"This study presents evidence that the correlation in brothers' earnings has risen in recent decades. We use two … distinct cohorts of young men from the National Longitudinal Surveys and estimate that the correlation in earnings between … important in determining economic outcomes. We find that neither the correlation in years of schooling nor the rising return to …
Persistent link: https://www.econbiz.de/10001920916
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Economic perspectives
Federal Reserve Bank of Chicago - Chicago, Ill. : Research Dept. of the Federal Reserve Bank - 1.1977 - 6.1982; 13.1989 -
Persistent link: https://www.econbiz.de/10000361175
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Firing costs and business cycle fluctuations
Veracierto, Marcelo (contributor) - 2003 - [Elektronische Ressource]
"This paper evaluates to what extent the introduction of firing costs can affect the aggregate dynamics of a neoclassical growth model with hetrogeneous establishments. Similarly to the previous literature, firing costs are found to have large steady- state effcts. However, they have no...
Persistent link: https://www.econbiz.de/10001909318
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Economic perspectives
Federal Reserve Bank of Chicago - Chicago, Ill. : Federal Reserve Bank of Chicago - Nachgewiesen 3.1977 -
Persistent link: https://www.econbiz.de/10001637311
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Technology shocks matter
Fisher, Jonas D. M. (contributor) - 2002 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001761436
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The cost of business cycles under endogenous growth
Barlevy, Gadi (contributor) - 2003 - [Elektronische Ressource]
"In his famous 1987 monograph, Robert Lucas argued that further stabilizing the business cycles that persisted in the post-War era was pointless, because these cycles had a negligible effect on societal well- being. In particular, Lucas demonstrated that society should be willing to pay only a...
Persistent link: https://www.econbiz.de/10001915579
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Earnings inequality and the business cycle
Barlevy, Gadi (contributor); Tsiddon, Daniel (contributor) - 2004 - [Elektronische Ressource]
"Economists have long viewed recessions as contributing to increasing inequality. However, this conclusion is largely based on data from a period in which inequality was increasing over time. This paper examines the connection between long-run trends and cyclical variation in earnings...
Persistent link: https://www.econbiz.de/10002049337