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Output Fluctuations and Gradual Price Adjustment
Gordon, Robert J. - 1981
This paper reviews the leading ideas that have emerged within two paradigms of price adjustment. Neither, it appears, provides a satisfactory theoretical scheme when taken in isolation. This paper concludes that an attempt to merge the more convincing elements of each is needed, and some...
Persistent link: https://www.econbiz.de/10012478502
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Plant-level nonconvex output adjustment and aggregate fluctuations
Šustek, Roman - In: Journal of monetary economics 58 (2011) 4, pp. 400-414
Persistent link: https://www.econbiz.de/10009317557
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Early-transition output decline revisited
Kostevc, Črt; Polanec, Sašo - In: Economic and business review : EBR 18 (2016) 3, pp. 263-292
Persistent link: https://www.econbiz.de/10011609208
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Output dynamics in transition economies under alternative exchange rate regimes
Papazoglu, Chrēstos; Pentecost, Eric J. - In: Exchange rate policies, prices, and supply-side …, (pp. 11-23). 2001
Persistent link: https://www.econbiz.de/10001584251
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Foreign output shocks, monetary rules and macroeconomic volatilities in small open economies
Alba, Joseph D.; Zheng, Su; Chia, Wai-mun - In: International review of economics & finance : IREF 20 (2011) 1, pp. 71-81
Persistent link: https://www.econbiz.de/10009304223
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Comovement in GDP trends and cycles among trading partners
Blonigen, Bruce A.; Piger, Jeremy Max; Sly, Nicholas - In: Journal of international economics 94 (2014) 2, pp. 239-247
Persistent link: https://www.econbiz.de/10011292542
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Sectoral shocks, learning, and aggregate fluctuations
Caplin, Andrew - In: The review of economic studies 60 (1993) 4, pp. 777-794
Persistent link: https://www.econbiz.de/10001150373
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Informal Self-Employment and Macroeconomic Fluctuations
Fiess, Norbert M.; Fugazza, Marco; Maloney, William F. - 2010
Informal self-employment is a major source of employment in developing countries. Its cyclical behavior is important to our understanding of the functioning of LDC labor markets, but turns out to be surprisingly complex. We develop a flexible model with two sectors: a formal salaried (tradable)...
Persistent link: https://www.econbiz.de/10012562590
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The Impact of Uncertainty Shocks
Bloom, Nicholas - 2014
oil-price shock and the 9/11 terrorist attack. This paper offers a structural framework to analyze the impact of these … data. The parameterized model is then used to simulate a macro uncertainty shock, which produces a rapid drop and rebound … medium term the increased volatility from the shock induces an overshoot in output, employment and productivity. Thus, second …
Persistent link: https://www.econbiz.de/10012751817
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The Impact of Uncertainty Shocks
Bloom, Nicholas - 2007
oil-price shock and the 9/11 terrorist attack. This paper offers a structural framework to analyze the impact of these … data. The parameterized model is then used to simulate a macro uncertainty shock, which produces a rapid drop and rebound … medium term the increased volatility from the shock induces an overshoot in output, employment and productivity. Thus, second …
Persistent link: https://www.econbiz.de/10012465265