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Virtual Borders: Online Nominal Rigidities and International Market Segmentation

Boivin, Jean; Clark, Robert; Vincent, Nicolas - National Bureau of Economic Research (NBER) - 2010

Do prices respond to macro shocks? Does the mere presence of international frontiers hinder trade? We revisit these questions by studying a dataset of online book prices for a number of US and Canadian retailers. We believe our dataset is well suited to this task for a number of reasons: (1)...

Persistent link: https://www.econbiz.de/10008634676

DSGE Models in a Data-Rich Environment

Boivin, Jean; Giannoni, Marc P. - National Bureau of Economic Research (NBER) - 2006

concepts, in particular for inflation. We show that exploiting more information is important for accurate estimation of the …

Persistent link: https://www.econbiz.de/10005714295

Has Monetary Policy Become More Effective?

Boivin, Jean; Giannoni, Marc P. - National Bureau of Economic Research (NBER) - 2003

estimate a fully specified model that replicates well the dynamic response of output, inflation, and the federal funds rate to …

Persistent link: https://www.econbiz.de/10005720886

DSGE Models in a Data-Rich Environment

Boivin, Jean; Giannoni, Marc P. - National Bureau of Economic Research (NBER) - 2006

concepts, in particular for inflation. We show that exploiting more information is important for accurate estimation of the …

Persistent link: https://www.econbiz.de/10005779020

Global Forces and Monetary Policy Effectiveness

Boivin, Jean; Giannoni, Marc P. - National Bureau of Economic Research (NBER) - 2008

In this paper, we quantify the changes in the relationship between international forces and many key US macroeconomic variables over the 1984-2005 period, and analyze changes in the monetary policy transmission mechanism. We do so by estimating a Factor-Augmented VAR on a large set of US and...

Persistent link: https://www.econbiz.de/10005050455