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Citations of
Eduardo M.R.A. Engel

For current contact information and a more complete listing of works, please see here

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Working papers

  1. Eduardo Engel & Ronald Fischer, 2008. "Optimal Resource Extraction Contracts Under Threat of Expropriation," NBER Working Papers 13742, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    Cited by:

    1. Alexandre Janiak, 2008. "Welfare in models of trade with heterogeneous firms," Documentos de Trabajo 253, Centro de Economía Aplicada, Universidad de Chile. [Downloadable!]
    2. Alexandre Janiak, 2008. "A large firm model of the labor market with entry, exit and search frictions," Documentos de Trabajo 245, Centro de Economía Aplicada, Universidad de Chile. [Downloadable!]
    3. Viviana Fernández & Brian M. Lucey, 2008. "Emerging Markets Variance Shocks: Local or International in Origin?," Documentos de Trabajo 251, Centro de Economía Aplicada, Universidad de Chile. [Downloadable!]
    4. Raddatz, Claudio, 2009. "Multilateral debt relief through the eyes of financial markets," Policy Research Working Paper Series 4872, The World Bank. [Downloadable!]

  2. Eduardo Engel & Ronald Fischer & Alexander Galetovic, 2007. "The Basic Public Finance of Public-Private Partnerships," NBER Working Papers 13284, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    Cited by:

    1. Elisabetta Iossa & David Martimort, 2008. "The Simple Micro-Economics of Public-Private Partnerships," CEIS Research Paper 139, Tor Vergata University, CEIS, revised 19 Dec 2008. [Downloadable!]
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    2. Eduardo Engel & Ronald Fischer, 2008. "Optimal resource extraction contracts under threat of expropriation," Documentos de Trabajo 244, Centro de Economía Aplicada, Universidad de Chile. [Downloadable!]
      Other versions:
    3. Clifford Winston & Jia Yan, 2008. "US Highway Privatization and Heterogeneous Preferences," Working Papers 2008-20, School of Economic Sciences, Washington State University. [Downloadable!]
    4. Athias, Laure, 2007. "Political accountability, incentives, and Contractual design of public private partnerships," MPRA Paper 10538, University Library of Munich, Germany, revised 11 Mar 2009. [Downloadable!]
    5. Eduardo Engel & Ronald Fischer & Alexander Galetovic, 2009. "Soft Budgets and Renegotiations in Public-Private Partnerships," NBER Working Papers 15300, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    6. Alexandre Janiak, 2008. "Welfare in models of trade with heterogeneous firms," Documentos de Trabajo 253, Centro de Economía Aplicada, Universidad de Chile. [Downloadable!]
    7. Alexandre Janiak, 2008. "A large firm model of the labor market with entry, exit and search frictions," Documentos de Trabajo 245, Centro de Economía Aplicada, Universidad de Chile. [Downloadable!]
    8. Viviana Fernández & Brian M. Lucey, 2008. "Emerging Markets Variance Shocks: Local or International in Origin?," Documentos de Trabajo 251, Centro de Economía Aplicada, Universidad de Chile. [Downloadable!]
    9. Eduardo Engel & Ronald Fischer & Alexander Galetovic, 2009. "Soft budgets and Renegotiations in Public-Private Partnerships," Documentos de Trabajo 265, Centro de Economía Aplicada, Universidad de Chile. [Downloadable!]
    10. Athias, Laure & Nunez, Antonio, 2008. "The more the merrier? Number of bidders, information dispersion, renegotiation and winner’s curse in toll road concessions," MPRA Paper 10539, University Library of Munich, Germany. [Downloadable!]
    11. Easterly, William & Irwin, Timothy & Serven, Luis, 2007. "Walking up the down escalator : public investment and fiscal stability," Policy Research Working Paper Series 4158, The World Bank. [Downloadable!]
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  3. Ricardo J. Caballero & Eduardo M.R.A. Engel, 2007. "Price Stickiness in Ss Models: New Interpretations of Old Results," NBER Working Papers 12945, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    Cited by:

    1. Burstein, Ariel Tomas & Hellwig, Christian, 2007. "Prices and Market Shares in a Menu Cost Model," CEPR Discussion Papers 6504, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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    2. Michael Woodford, 2008. "Information-Constrained State-Dependent Pricing," NBER Working Papers 14620, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    3. Michael Woodford, 2008. "Information-Constrained State-Dependent Pricing," Discussion Papers 0809-12, Columbia University, Department of Economics. [Downloadable!]
    4. James Costain & Antón Nákov, 2009. "Dynamics of the price distribution in a general model of state-dependent pricing," Banco de España Working Papers 0831, Banco de España. [Downloadable!]
    5. James Costain & Antón Nákov, 2008. "Price adjustments in a general model of state-dependent pricing," Banco de España Working Papers 0824, Banco de España. [Downloadable!]
    6. Ruediger Bachmann & Ricardo J. Caballero & Eduardo Engel, 2008. "Aggregate Implications of Lumpy Investment: New Evidence and a DSGE Model," Cowles Foundation Discussion Papers 1566R, Cowles Foundation, Yale University. [Downloadable!]
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    7. Giovanni Caggiano & Efrem Castelnuovo, 2008. "Long Memory and Non-Linearities in International Inflation," "Marco Fanno" Working Papers 0076, Dipartimento di Scienze Economiche "Marco Fanno". [Downloadable!]
    8. Canova, Fabio & Lopez-Salido, Jose David & Michelacci, Claudio, 2007. "The Labour Market Effects of Technology Shocks," CEPR Discussion Papers 6365, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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    9. Andrew T. Levin & J. David López-Salido & Edward Nelson & Tack Yun, 2008. "Macroeconometric equivalence, microeconomic dissonance, and the design of monetary policy," Working Papers 2008-035, Federal Reserve Bank of St. Louis. [Downloadable!]
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    10. Sarah M. Rupprecht, 2007. "When Do Firms Adjust Prices? Evidence from Micro Panel Data," KOF Working papers 07-160, KOF Swiss Economic Institute, ETH Zurich. [Downloadable!]

  4. Ruediger Bachmann & Ricardo J. Caballero & Eduardo Engel, 2006. "Lumpy Investment in Dynamic General Equilibrium," Cowles Foundation Discussion Papers 1566, Cowles Foundation, Yale University. [Downloadable!]
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    Cited by:

    1. Ricardo J. Caballero & Eduardo M.R.A. Engel, 2007. "Price Stickiness in Ss Models: New Interpretations of Old Results," Working Papers 952, Economic Growth Center, Yale University. [Downloadable!]
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    2. Aubhik Khan & Julia K. Thomas, 2007. "Idiosyncratic shocks and the role of nonconvexities in plant and aggregate investment dynamics," Working Papers 07-24, Federal Reserve Bank of Philadelphia. [Downloadable!]
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    3. Nicholas Bloom, 2007. "The Impact of Uncertainty Shocks," NBER Working Papers 13385, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    4. Francois Gourio, 2007. "Disasters and Recoveries: A Note on the Barro-Rietz Explanation of the Equity Premium Puzzle," Boston University - Department of Economics - Working Papers Series WP2007-007, Boston University - Department of Economics. [Downloadable!]

  5. Ruediger Bachmann & Ricardo J. Caballero & Eduardo M.R.A. Engel, 2006. "Aggregate Implications of Lumpy Investment: New Evidence and a DSGE Model," NBER Working Papers 12336, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:

    Cited by:

    1. Ricardo J. Caballero & Eduardo M.R.A. Engel, 2007. "Price Stickiness in Ss Models: New Interpretations of Old Results," Working Papers 952, Economic Growth Center, Yale University. [Downloadable!]
      Other versions:
    2. Christopher L. House, 2008. "Fixed Costs and Long-Lived Investments," NBER Working Papers 14402, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    3. Aubhik Khan & Julia K. Thomas, 2007. "Idiosyncratic shocks and the role of nonconvexities in plant and aggregate investment dynamics," Working Papers 07-24, Federal Reserve Bank of Philadelphia. [Downloadable!]
      Other versions:
    4. Nicholas Bloom, 2007. "The Impact of Uncertainty Shocks," NBER Working Papers 13385, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    5. Francois Gourio, 2007. "Disasters and Recoveries: A Note on the Barro-Rietz Explanation of the Equity Premium Puzzle," Boston University - Department of Economics - Working Papers Series WP2007-007, Boston University - Department of Economics. [Downloadable!]
    6. Ruediger Bachmann & Christian Bayer, 2009. "The Cross-section of Firms over the Business Cycle: New Facts and a DSGE Exploration," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
    7. Miao, Jianjun & Wang, Pengfei, 2009. "Does Lumy Investment Matter for Business Cycles?," MPRA Paper 14977, University Library of Munich, Germany. [Downloadable!]

  6. Eduardo Engel & Ronald Fischer & Alexander Galetovic, 2006. "Renegotiation Without Holdup: Anticipating Spending and Infrastructure Concessions," NBER Working Papers 12399, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:

    Cited by:

    1. Elisabetta Iossa & David Martimort, 2008. "The Simple Micro-Economics of Public-Private Partnerships," CEIS Research Paper 139, Tor Vergata University, CEIS, revised 19 Dec 2008. [Downloadable!]
      Other versions:
    2. Athias, Laure & Saussier, Stéphane, 2007. "Contractual flexibility or rigidity for public private partnerships? Theory and evidence from infrastructure concession contracts," MPRA Paper 10541, University Library of Munich, Germany. [Downloadable!]
    3. Chiara D'Alpaos & Michele Moretto & Paola Valbonesi, 2008. "Optimal penalty for investment delay in public procurement contracts," "Marco Fanno" Working Papers 0074, Dipartimento di Scienze Economiche "Marco Fanno". [Downloadable!]
    4. Athias, Laure & Nunez, Antonio, 2008. "The more the merrier? Number of bidders, information dispersion, renegotiation and winner’s curse in toll road concessions," MPRA Paper 10539, University Library of Munich, Germany. [Downloadable!]

  7. Eduardo Engel & Ronald Fischer & Alexander Galetovic, 2005. "Privatizing Highways in the United States," Documentos de Trabajo 209, Centro de Economía Aplicada, Universidad de Chile. [Downloadable!]
    Published as:

    Cited by:

    1. Athias, Laure & Saussier, Stéphane, 2007. "Contractual flexibility or rigidity for public private partnerships? Theory and evidence from infrastructure concession contracts," MPRA Paper 10541, University Library of Munich, Germany. [Downloadable!]
    2. Clifford Winston & Jia Yan, 2008. "US Highway Privatization and Heterogeneous Preferences," Working Papers 2008-20, School of Economic Sciences, Washington State University. [Downloadable!]
    3. Athias, Laure, 2007. "Political accountability, incentives, and Contractual design of public private partnerships," MPRA Paper 10538, University Library of Munich, Germany, revised 11 Mar 2009. [Downloadable!]
    4. Jean-Michel Glachant & Stéphane Saussier, 2006. "Introduction," Review of Industrial Organization, Springer, vol. 29(1), pages 1-2, September. [Downloadable!] (restricted)
    5. Athias, Laure & Nunez, Antonio, 2008. "The more the merrier? Number of bidders, information dispersion, renegotiation and winner’s curse in toll road concessions," MPRA Paper 10539, University Library of Munich, Germany. [Downloadable!]

  8. Eduardo M. Engel & Ronald D. Fischer & Alexander Galetovic, 2004. "Privatizing Highways in Latin America: Is it Possible to Fix What Went Wrong?," Yale School of Management Working Papers ysm417, Yale School of Management. [Downloadable!]
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    Cited by:

    1. Daniel Albalate & Germa Bel, 2007. "Regulating Concessions of Toll Motorways, An Empirical Study on Fixed vs. Variable Term Contracts," IREA Working Papers 200706, University of Barcelona, Research Institute of Applied Economics, revised Mar 2007. [Downloadable!]
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    2. Brenck, Andreas & Beckers, Thorsten & Heinrich, Maria & von Hirschhausen, Christian, 2005. "Public-private partnerships in new EU member countries of Central and Eastern Europe: An economic analysis with case studies from the highway sector," EIB Papers 10/2005, European Investment Bank, Economic and Financial Studies. [Downloadable!]

  9. Ricardo J. Caballlero & Eduardo Engel & Alejandro Micco, 2004. "Microeconomic Flexibility in Latin America," NBER Working Papers 10398, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    Cited by:

    1. Ricardo J. Caballero & Kevin N. Cowan & Eduardo M.R.A. Engel & Alejandro Micco, 2004. "Effective Labor Regulation and Microeconomic Flexibility," Cowles Foundation Discussion Papers 1480, Cowles Foundation, Yale University, revised Oct 2006. [Downloadable!]
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    2. Loayza, Norman V. & Oviedo, Ana Maria & Serven, Luis, 2005. "Regulation and macroeconomic performance," Policy Research Working Paper Series 3469, The World Bank. [Downloadable!]
    3. Orlando Gracia & Hernando Zuleta, 2007. "Tratado de libre comercio entre Colombia y Estados Unidos: ¿Qué impacto puede tener en Colombia?," DOCUMENTOS DE TRABAJO 004369, UNIVERSIDAD DEL ROSARIO - FACULTAD DE ECONOMÍA. [Downloadable!]
    4. Rita Almeida & Pedro Carneiro, 2007. "Inequality and Employment in a Dual Economy: Enforcement of Labor Regulation in Brazil," IZA Discussion Papers 3094, Institute for the Study of Labor (IZA). [Downloadable!]
    5. Elías Albagli & Pablo García & Jorge Restrepo, 2004. "Labor Market Rigidity and Structural Shocks: An Open-Economy Approach for International Comparisons," Working Papers Central Bank of Chile 263, Central Bank of Chile. [Downloadable!]
    6. Orlando Gracia & Hernando Zuleta, 2005. "The Free Trade Agreement between Colombia and USA: What can happen to Colombia?," DEGIT Conference Papers c010_023, DEGIT, Dynamics, Economic Growth, and International Trade. [Downloadable!]
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    7. Marcela Eslava & John Haltiwanger & Adriana Kugler & Maurice Kugler, 2005. "Factor Adjustments after Deregulation: Panel Evidence from Colombian Plants," IZA Discussion Papers 1751, Institute for the Study of Labor (IZA). [Downloadable!]
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    8. Raphael Bergoeing & Norman Loayzaw & Andrea Repetto, 2004. "Slow Recoveries," NBER Working Papers 10584, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    9. Esteban Puentes & Dante Contreras & Claudia Sanhueza, 2007. "Self-Employment in Chile, long run trends and education and age structures changes," Estudios de Economia, University of Chile, Department of Economics, vol. 34(2 Year 20), pages 203-247, December. [Downloadable!]
    10. William Maloney & Andrés Rodríguez-Clare, 2005. "Innovation Shortfalls," RES Working Papers 4429, Inter-American Development Bank, Research Department. [Downloadable!]
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    11. William Maloney & Andrés Rodríguez-Clare, 2005. "Insuficiencias de innovación," RES Working Papers 4430, Inter-American Development Bank, Research Department. [Downloadable!]

  10. Ricardo J. Caballero & Kevin N. Cowan & Eduardo M.R.A. Engel & Alejandro Micco, 2004. "Effective Labor Regulation and Microeconomic Flexibility," Cowles Foundation Discussion Papers 1480, Cowles Foundation, Yale University, revised Oct 2006. [Downloadable!]
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    Cited by:

    1. Yu-Fu Chen & Michael Funke, 2007. "Threshold Effects of Dismissal Protection Regulation and the Emergence of Temporary Work Agencies," Discussion Papers 207, University of Dundee, Economic Studies. [Downloadable!]
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    2. Alejandro Micco & Carmen Pagés-Serra, 2004. "Employment Protection and Gross Job Flows: A Differences-in-Differences Approach," RES Working Papers 4365, Inter-American Development Bank, Research Department. [Downloadable!]
    3. Carmen Pagés-Serra & Alejandro Micco, 2008. "Efectos económicos de la protección del empleo: Elementos de juicio a partir de datos internacionales a nivel de actividad económica," RES Working Papers 4497, Inter-American Development Bank, Research Department. [Downloadable!]
    4. Tomi Kyyrä & Mika Maliranta, 2006. "The Micro-Level Dynamics of Declining Labour Share: Lessons from the Finnish Great Leap," Discussion Papers 406, Government Institute for Economic Research Finland (VATT). [Downloadable!]
    5. Rita Almeida & Pedro Carneiro, 2007. "Inequality and Employment in a Dual Economy: Enforcement of Labor Regulation in Brazil," IZA Discussion Papers 3094, Institute for the Study of Labor (IZA). [Downloadable!]
    6. Olaberria, Eduardo & Rigolini, Jamele, 2009. "Managing East Asia's macroeconomic volatility," Policy Research Working Paper Series 4989, The World Bank. [Downloadable!]
    7. Loayza, Norman V. & Raddatz, Claudio, 2006. "The structural determinants of external vulnerability," Policy Research Working Paper Series 4089, The World Bank. [Downloadable!]
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    8. Amil Petrin & Jagadeesh Sivadasan, 2006. "Job Security Does Affect Economic Efficiency: Theory, A New Statistic, and Evidence from Chile," NBER Working Papers 12757, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    9. Philippe Aghion & Robin Burgess & Stephen Redding & Fabrizio Zilibotti, 2006. "The Unequal Effects of Liberalization: Evidence from Dismantling the License Raj in India," NBER Working Papers 12031, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    10. Kaplan, David S. & Sadka, Joyce, 2008. "Enforceability of labor law : evidence from a labor court in Mexico," Policy Research Working Paper Series 4483, The World Bank. [Downloadable!]
    11. Ronald Fischer, 2008. "Economic performance, creditor protection and labor inflexibility," Documentos de Trabajo 250, Centro de Economía Aplicada, Universidad de Chile. [Downloadable!]
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    12. Yu-Fu Chen & Michael Funke, 2008. "Product Market Competition, Investment and Employment-Abundant versus Job-Poor Growth: A Real Options Perspective," Quantitative Macroeconomics Working Papers 20802, Hamburg University, Department of Economics. [Downloadable!]
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    13. Philippe Aghion & Thibault Fally & Stefano Scarpetta, 2007. "Credit Constraints as a Barrier to the Entry and Post-Entry Growth of Firms," IZA Discussion Papers 3237, Institute for the Study of Labor (IZA). [Downloadable!]
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    14. Kaplan, David S., 2008. "Job creation and labor reform in Latin America," Policy Research Working Paper Series 4708, The World Bank. [Downloadable!]
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    15. Flaig, Gebhard / Rottmann, Horst, 2007. "Labour Market Institutions and the Employment Intensity of Output Growth. An International Comparison," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
    16. Rafael La Porta & Florencio Lopez-de-Silanes & Andrei Shleifer, 2007. "The Economic Consequences of Legal Origins," NBER Working Papers 13608, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    17. Jahn, Elke J., 2005. "Wie wirkt der Kündigungsschutz? (What are the effects of employment protection?)," Zeitschrift für ArbeitsmarktForschung - Journal for Labour Market Research, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany], vol. 38(2/3), pages 284-304. [Downloadable!]
    18. Yu-Fu Chen & Michael Funke, 2006. "Threshold Effects of Dismissal Protection Regulations and Employment Dynamics," Discussion Papers 195, University of Dundee, Economic Studies. [Downloadable!]
    19. Tomi Kyyrä & mika Maliranta, 2006. "The Micro-level Dynamics of Declining Labour Share: Lessons from Finnish Great Leap," Discussion Papers 1049, The Research Institute of the Finnish Economy. [Downloadable!]
    20. Alejandro Micco & Carmen Pagés-Serra, 2004. "Protección del empleo y flujo bruto de puestos de trabajo: un enfoque de diferencias en diferencias," RES Working Papers 4366, Inter-American Development Bank, Research Department. [Downloadable!]
    21. Ricardo Caballero & Kevin N. Cowan & Eduardo M. R. A. Engel & Alejandro Micco, 2004. "Effective labor regulation and microeconomic flexibility," Working Papers 04-6, Federal Reserve Bank of Boston. [Downloadable!]
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    22. Carmen Pagés-Serra & Alejandro Micco, 2008. "The Economic Effects of Employment Protection: Evidence from International Industry-Level Data," RES Working Papers 4496, Inter-American Development Bank, Research Department. [Downloadable!]
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    23. Fabio Braggion & Lawrence J. Christiano & Jorge Roldos, 2007. "Optimal Monetary Policy in a 'Sudden Stop'," NBER Working Papers 13254, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    24. Bruno Deffains & Yannick Gabuthy & Eve-Angéline Lambert, 2007. "Labor Conflicts and Inefficiency of Relationship-Specific Investments: What is the Judge's Role?," Working Papers of BETA 2007-04, Bureau d'Economie Théorique et Appliquée, ULP, Strasbourg. [Downloadable!]
    25. Tehmina S. Khan, 2006. "Productivity Growth, Technological Convergence, R&D, Trade, and Labor Markets: Evidence from the French Manufacturing Sector," IMF Working Papers 06/230, International Monetary Fund. [Downloadable!]
    26. Gebhard Flaig & Horst Rottmann, 2005. "Labour Market Institutions and Employment Thresholds. An International Comparison," Ifo Working Paper Series Ifo Working Papers No.15, Ifo Institute for Economic Research at the University of Munich. [Downloadable!]
    27. Jaime Guajardo, 2008. "Financial Frictions and Business Cycles in Middle-Income Countries," IMF Working Papers 08/20, International Monetary Fund. [Downloadable!]
    28. Jaime Gatica & Pilar Romaguera, 2005. "El Mercado Laboral en Chile Nuevos Temas y Desafíos," Documentos de Trabajo 210, Centro de Economía Aplicada, Universidad de Chile. [Downloadable!]
    29. Harold L. Cole & Lee E. Ohanian & Alvaro Riascos & James A. Schmitz, Jr., 2004. "Latin America in the rearview mirror," Staff Report 351, Federal Reserve Bank of Minneapolis. [Downloadable!]
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    30. M. Eslava, J. Haltwanger, A. Kugler, M. Kugler, 2008. "Factor Adjustments After Deregulation: Panel Evidence from Colombian Plants," Working Papers eg0059, Wilfrid Laurier University, Department of Economics, revised 2008. [Downloadable!]
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  11. Ricardo J. Caballero & Eduardo M.R.A. Engel, 2004. "Three Strikes and You're Out: Reply to Cooper and Willis," Cowles Foundation Discussion Papers 1456, Cowles Foundation, Yale University. [Downloadable!]
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    1. Kalckreuth, Ulf von, 2008. "Panel estimation of state dependent adjustment when the target is unobserved," Discussion Paper Series 1: Economic Studies 2008,09, Deutsche Bundesbank, Research Centre. [Downloadable!]
    2. Marcela Eslava & John Haltiwanger & Adriana Kugler & Maurice Kugler, 2005. "Factor Adjustments after Deregulation: Panel Evidence from Colombian Plants," IZA Discussion Papers 1751, Institute for the Study of Labor (IZA). [Downloadable!]
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    3. Kalckreuth, Ulf von, 2008. "Financing constraints, firm level adjustment of capital and aggregate implications," Discussion Paper Series 1: Economic Studies 2008,11, Deutsche Bundesbank, Research Centre. [Downloadable!]
    4. Christian Bayer, 2004. "A closer look at the gap. A comment on Cooper and Willis' 'mind the gap' paper," Macroeconomics 0408010, EconWPA. [Downloadable!]

  12. Eduardo M. Engel & Alvaro Bustos & Alexander Galetovic, 2004. "Could Higher Taxes Increase the Long-Run Demand for Capital?: Theory and Evidence for Chile," Yale School of Management Working Papers ysm408, Yale School of Management. [Downloadable!]
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    Cited by:

    1. Rodrigo Cerda & Felipe Larraín, 2005. "Inversión Privada e Impuestos Corporativos: Evidencia para Chile," Documentos de Trabajo 297, Instituto de Economía. Pontificia Universidad Católica de Chile.. [Downloadable!]
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    2. Jose De Gregorio, 2004. "Economic Growth in Chile: Evidence, Sources and Prospects," Working Papers Central Bank of Chile 298, Central Bank of Chile. [Downloadable!]
    3. Carlos Garcia & Jorge Restrepo, 2007. "How Effective is Government Spending in a Small Open Economy with Distortionary Taxes," ILADES-Georgetown University Working Papers inv188, Ilades-Georgetown University, School of Economics and Bussines. [Downloadable!]

  13. Ricardo J. Caballero & Eduardo M.R.A. Engel, 2003. "Adjustment Is Much Slower Than You Think," Cowles Foundation Discussion Papers 1430, Cowles Foundation, Yale University. [Downloadable!]
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    1. Jesus Fernandez-Villaverde & Juan F. Rubio-Ramirez & Thomas J. Sargent, 2005. "A, B, C’s (And D’s) For Understanding VARS," PIER Working Paper Archive 05-018, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania. [Downloadable!]
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    2. Fougère, Denis & Gautier, Erwan & Le Bihan, Hervé, 2009. "Restaurant Prices and the Minimum Wage," IZA Discussion Papers 4070, Institute for the Study of Labor (IZA). [Downloadable!]
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    3. Patrick Lünnemann & Thomas Y. Mathä, 2005. "Regulated and services’ prices and inflation persistence," Working Paper Series 466, European Central Bank. [Downloadable!]
    4. Gita Gopinath & Roberto Rigobon, 2006. "Sticky Borders," NBER Working Papers 12095, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    5. Giovanni Caggiano & Efrem Castelnuovo, 2008. "Long Memory and Non-Linearities in International Inflation," "Marco Fanno" Working Papers 0076, Dipartimento di Scienze Economiche "Marco Fanno". [Downloadable!]
    6. Todd E. Clark, 2006. "Disaggregate evidence on the persistence of consumer price inflation," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 21(5), pages 563-587. [Downloadable!]
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    7. Jonathan Wadsworth, 2009. "Did the National Minimum Wage Affect UK Prices?," CEP Discussion Papers dp0947, Centre for Economic Performance, LSE. [Downloadable!]
    8. Filippo Altissimo & Benoît Mojon & Paolo Zaffaroni, 2007. "Fast micro und slow macro: can aggregation explain the persistence of inflation?," Working Paper Series 729, European Central Bank. [Downloadable!]
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    9. Xavier Gabaix, 2004. "Power laws and the origins of aggregate fluctuations," Econometric Society 2004 North American Summer Meetings 484, Econometric Society. [Downloadable!]
    10. Daniele Coen-Pirani, 2004. "Markups, Aggregation, and Inventory Adjustment," American Economic Review, American Economic Association, vol. 94(5), pages 1328-1353, December. [Downloadable!]
    11. Rafal Raciborski, 2008. "Searching for additional sources of inflation persistence : the micro-price panel data approach," Research series 200804-04, National Bank of Belgium. [Downloadable!]
    12. Christian Calmès & Raymond Théoret, 2008. "Banking Deregulation and Financial Stability : is it Time to re-regulate in Canada ?," RePAd Working Paper Series UQO-DSA-wp042008, Département des sciences administratives, UQO. [Downloadable!]
    13. Juan Pablo Medina & David Rappoport & Claudio Soto, 2007. "Dynamics of Price Adjustments: Evidence From Micro Level Data for Chile," Working Papers Central Bank of Chile 432, Central Bank of Chile. [Downloadable!]
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    14. Patrick Lünnemann & Thomas Y. Mathä, 2005. "Nominal rigidities and inflation persistence in Luxembourg: a comparison with EU 15 member countries with particular focus on services and regulated prices," BCL working papers 14, Central Bank of Luxembourg. [Downloadable!]

  14. Eduardo Engel & Ronald Fischer & Alexander Galetovic, 2002. "Privatizing Roads: an "Old" New Approach to Infrastructure Provision," Documentos de Trabajo 132, Centro de Economía Aplicada, Universidad de Chile. [Downloadable!]

    Cited by:

    1. Ronald Fischer & Rodrigo Gutiérrez & Pablo Serra, 2002. "The Effects of Privatization on Firms and on Social Welfare," Documentos de Trabajo 131, Centro de Economía Aplicada, Universidad de Chile. [Downloadable!]
    2. Rodrigo Gutierrez & Pablo Serra & Ronald Fischer, 2003. "The Effects of Privatization on Firms and on Social Welfare: The Chilean Case," RES Working Papers 3150, Inter-American Development Bank, Research Department. [Downloadable!]

  15. Eduardo Engel & Ronald Fischer & Alexander Galetovic, 2002. "Competition in or for the Field: Which is Better?," NBER Working Papers 8869, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:

    Cited by:

    1. Laure Athias & Antonio Nuñez, 2006. "Number of Bidders and the Winner’s Curse in Toll Road Concessions: An Empirical Analysis," Working Papers 2006-16, Center for Network Industries and Infrastructure (CNI). [Downloadable!]
    2. Athias, Laure & Nunez, Antonio, 2008. "The more the merrier? Number of bidders, information dispersion, renegotiation and winner’s curse in toll road concessions," MPRA Paper 10539, University Library of Munich, Germany. [Downloadable!]

  16. Eduardo Engel & Rodrigo Valdés, 2001. "Prediciendo el precio del cobre: ¿Más allá del camino aleatorio?," Documentos de Trabajo 100, Centro de Economía Aplicada, Universidad de Chile. [Downloadable!]

    Cited by:

    1. Jose De Gregorio & Hermann González & Felipe Jaque, 2005. "Fluctuaciones del Dólar, Precio del Cobre y Términos de Intercambio," Working Papers Central Bank of Chile 310, Central Bank of Chile. [Downloadable!]

  17. Alejandro Drexler & Eduardo Engel & Rodrigo Valdés, 2001. "El cobre y la estrategia fiscal óptima para Chile," Documentos de Trabajo 101, Centro de Economía Aplicada, Universidad de Chile. [Downloadable!]

    Cited by:

    1. Eduardo Engel & Rodrigo Valdés, 2001. "Prediciendo el precio del cobre: ¿Más allá del camino aleatorio?," Documentos de Trabajo 100, Centro de Economía Aplicada, Universidad de Chile. [Downloadable!]
    2. Juan Pablo Medina & Claudio Soto, 2007. "Copper Price, Fiscal Policu and Business Cycle in Chile," Working Papers Central Bank of Chile 458, Central Bank of Chile. [Downloadable!]

  18. Eduardo M.R.A. Engel & Ronald D. Fischer & Alexander Galetovic, 2001. "How to Auction an Essential Facility When Underhand Integration is Possible," NBER Working Papers 8146, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:

    Cited by:

    1. Eduardo Engel & Ronald Fischer & Alexander Galetovic, 2002. "Competition In or For the Field: Which Is Better?," Cowles Foundation Discussion Papers 1358, Cowles Foundation, Yale University. [Downloadable!]
      Other versions:
    2. Alexander Galetovic, 2003. "Integración Vertical en el Sector Eléctrico: Una guía para el usuario (Vertical integration in the electricity sector)," Documentos de Trabajo 158, Centro de Economía Aplicada, Universidad de Chile. [Downloadable!]
    3. Ronald Fischer & Rodrigo Gutiérrez & Pablo Serra, 2002. "The Effects of Privatization on Firms and on Social Welfare," Documentos de Trabajo 131, Centro de Economía Aplicada, Universidad de Chile. [Downloadable!]
    4. Rodrigo Gutierrez & Pablo Serra & Ronald Fischer, 2003. "The Effects of Privatization on Firms and on Social Welfare: The Chilean Case," RES Working Papers 3150, Inter-American Development Bank, Research Department. [Downloadable!]

  19. Eduardo Engel & James Hines, 2000. "Understanding Tax Evasion Dynamics," Econometric Society World Congress 2000 Contributed Papers 1117, Econometric Society. [Downloadable!]
    Other versions:

    Cited by:

    1. Dzhumashev, Ratbek & Gahramanov, Emin, 2008. "Can We Tax the Desire for Tax Evasion?," MPRA Paper 11960, University Library of Munich, Germany. [Downloadable!]
      Other versions:
    2. Jan Hanousek & Filip Palda, 2002. "The Evolution of Tax Evasion in the Czech Republic: A Markov Chain Analysis," Public Economics 0205002, EconWPA. [Downloadable!]
    3. Bruno Frey & Lars Feld, 2002. "Deterrence and Morale in Taxation: An Empirical Analysis," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
    4. Dirk Niepelt, 2004. "Timing Tax Evasion," Working Papers 04.07, Swiss National Bank, Study Center Gerzensee. [Downloadable!]
      Other versions:
    5. Lars P. Feld & Bruno S. Frey, 2006. "Tax Evasion in Switzerland: The Roles of Deterrence and Tax Morale," CREMA Working Paper Series 2006-13, Center for Research in Economics, Management and the Arts (CREMA). [Downloadable!]
      Other versions:
    6. Anna Ivanova & Alexander Klemm & Michael Keen, 2005. "The Russian Flat Tax Reform," IMF Working Papers 05/16, International Monetary Fund. [Downloadable!]
      Other versions:
    7. Lipatov, Vilen, 2008. "Social Interaction in Tax Evasion," MPRA Paper 8829, University Library of Munich, Germany. [Downloadable!]
    8. Alejandro Esteller-More, 2004. "Tax Evasion in Interrelated Taxes," Public Economics 0401001, EconWPA. [Downloadable!]
      Other versions:
    9. Ines Macho-Stadler & David Perez-Castrillo, 2000. "Auditing with Signals," Econometric Society World Congress 2000 Contributed Papers 0660, Econometric Society. [Downloadable!]
      Other versions:
      • Inés Macho-Stadler & David Pérez-Castrillo, 1999. "Auditing with Signals," CIE Discussion Papers 1999-08, University of Copenhagen. Department of Economics. Centre for Industrial Economics.
      • Macho-Stadler, Ines & Perez-Castrillo, J David, 2002. "Auditing with Signals," Economica, London School of Economics and Political Science, vol. 69(273), pages 1-20, February. [Downloadable!] (restricted)
    10. Elöd Takáts & Tamás K. Papp, 2008. "Tax Rate Cuts and Tax Compliance--The Laffer Curve Revisited," IMF Working Papers 08/7, International Monetary Fund. [Downloadable!]
    11. Lars P. Feld & Bruno S. Frey, 2004. "Illegal, Immoral, Fattening or What?: How Deterrence and Responsive Regulation Shape Tax Morale," Marburg Working Papers on Economics 200426, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung). [Downloadable!]
    12. Lipatov, Vilen, 2003. "Evolution of Tax Evasion," MPRA Paper 966, University Library of Munich, Germany, revised 06 Dec 2005. [Downloadable!]
    13. Frank A Cowell, 2003. "Sticks and Carrots," STICERD - Distributional Analysis Research Programme Papers 68, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE. [Downloadable!]
    14. Bruno Chiarini & Marco Di Domizio & Elisabetta Marzano, 2008. "Why do underground reducing policies often fail their scope? Some answers from the Italian experience," Working Papers 8_2008, D.E.S. (Department of Economic Studies), University of Naples "Parthenope", Italy. [Downloadable!]
      Other versions:
    15. Kalina Koleva, 2005. "A la recherche de l'administration fiscale optimale : l'approche par les coûts d'efficience," Cahiers de la Maison des Sciences Economiques r05050, Université Panthéon-Sorbonne (Paris 1). [Downloadable!]
    16. Monica Keneley, 2004. "In the Service of the Society: Labour Management Practices in the Australian Life Insurance Industry to 1940," Economics Series 2004_19, Deakin University, Faculty of Business and Law, School of Accounting, Economics and Finance. [Downloadable!]
    17. Simone Pellegrino & Massimiliano Piacenza & Gilberto Turati, 2008. "The Runaway Taxpayer or: Is Prior Tax Notice Effective against Scofflaws?," Working Papers 1, University of Torino, Department of Economics and Public Finance "G. Prato". [Downloadable!]

  20. Eduardo Engel & Ronald Fischer & Alexander Galetovic, 2000. "Franchising of infrastructure concessions in Chile: A Policy Report," Documentos de Trabajo 88, Centro de Economía Aplicada, Universidad de Chile. [Downloadable!]

    Cited by:

    1. Guasch, J. Luis & Laffont, Jean-Jacques & Straub, Stephane, 2003. "Renegotiation of concession contracts in Latin America," Policy Research Working Paper Series 3011, The World Bank. [Downloadable!]
      Other versions:

  21. Eduardo M.R.A. Engel & Rodrigo Valdés, 2000. "Optimal Fiscal Strategy for Oil Exporting Countries," Documentos de Trabajo 78, Centro de Economía Aplicada, Universidad de Chile. [Downloadable!]
    Other versions:

    Cited by:

    1. Saqib Rizavi & Delia Velculescu, 2005. "Trinidad and Tobago: The Energy Boom and Proposals for a Sustainable Fiscal Policy," IMF Working Papers 05/197, International Monetary Fund. [Downloadable!]
    2. Thomas Baunsgaard, 2003. "Fiscal Policy in Nigeria: Any Role for Rules?," IMF Working Papers 03/155, International Monetary Fund. [Downloadable!]
    3. Giulio Federico & Benedict F. W. Bingham & James Daniel, 2001. "Domestic Petroleum Price Smoothing in Developing and Transition Countries," IMF Working Papers 01/75, International Monetary Fund. [Downloadable!]
    4. Martin Petri & Ludvig Söderling & Wojciech Maliszewski & Hanan Morsy & Manal Fouad & Martin Hommes, 2007. "Public Debt and Fiscal Vulnerability in the Middle East," IMF Working Papers 07/12, International Monetary Fund. [Downloadable!]
    5. James Daniel, 2001. "Hedging Government Oil Price Risk," IMF Working Papers 01/185, International Monetary Fund. [Downloadable!]
    6. Joseph Ntamatungiro, 2004. "Fiscal Sustainability in Heavily Indebted Countries Dependent on Nonrenewable Resources: The Case of Gabon," IMF Working Papers 04/30, International Monetary Fund. [Downloadable!]
    7. Alonso Segura, 2006. "Management of Oil Wealth Under the Permanent Income Hypothesis: The Case of Sao Tome and Principe," IMF Working Papers 06/183, International Monetary Fund. [Downloadable!]
    8. Ulrich Bartsch, 2006. "How Much is Enough? Monte Carlo Simulations of an Oil Stabilization Fund for Nigeria," IMF Working Papers 06/142, International Monetary Fund. [Downloadable!]

  22. Eduardo Engel & Alexander Galetovic & Claudio Raddatz, 1999. "A Note on Enforcement Spending and Vat Revenues," Documentos de Trabajo 52, Centro de Economía Aplicada, Universidad de Chile. [Downloadable!]

    Cited by:

    1. David Becker & Daniel Kessler & Mark McClellan, 2004. "Detecting Medicare Abuse," NBER Working Papers 10677, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    2. Pablo Serra, 2000. "Measuring the Performance of Chile's Tax Administration," Documentos de Trabajo 77, Centro de Economía Aplicada, Universidad de Chile. [Downloadable!]

  23. Eduardo Engel & Ronald Fischer & Alexander Galetovic, 1999. "Toll Competition Among Congested Roads," NBER Technical Working Papers 0239, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:

    Cited by:

    1. Andrés Pereira, 2001. "Teoría de subastas y concesiones de carreteras," Documentos de Trabajo (working papers) 1701, Department of Economics - dECON. [Downloadable!]
    2. Pio Baake & Kay Mitusch, 2004. "Competition with Congestible Networks," Discussion Papers of DIW Berlin 402, DIW Berlin, German Institute for Economic Research. [Downloadable!]
      Other versions:

  24. Eduardo Engel, 1999. "Poisoned Grapes, Mad Cow, and Protectionism," NBER Working Papers 6959, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:

    Cited by:

    1. Pierpaolo Battigalli & Giovanni Maggi, 2003. "International agreements on product standards: an incomplete-contracting theory," Working Papers 229, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University. [Downloadable!]
      Other versions:

  25. Eduardo Engel & Ronald Fischer & Alexander Galetovic, 1999. "The Chilean Infrastructure Concessions Program: Evaluation, Lessons and Prospects for the Future," Documentos de Trabajo 60, Centro de Economía Aplicada, Universidad de Chile. [Downloadable!]

    Cited by:

    1. Alberto Chong & Florencio Lopez-de-Silanes, 2003. "The Truth About Privatization in Latin America," RES Working Papers 3180, Inter-American Development Bank, Research Department. [Downloadable!]
      Other versions:
    2. Andrés Pereyra, 2006. "Alternativas en el manejo del riesgo de demanda en concesiones de infraestructura vial," Documentos de Trabajo (working papers) 2206, Department of Economics - dECON. [Downloadable!]
    3. Estache, Antonio & Guasch, Jose-Luis & Trujillo, Lourdes, 2003. "Price caps, efficiency payoffs, and infrastructure contract renegotiation in Latin America," Policy Research Working Paper Series 3129, The World Bank. [Downloadable!]

  26. Eduardo Engel & Alexander Galetovic & Claudio Raddatz, 1998. "Reforma tributaria y distribución del ingreso en Chile," Documentos de Trabajo 40, Centro de Economía Aplicada, Universidad de Chile. [Downloadable!]

    Cited by:

    1. Hugo Ñopo & Patricio Valenzuela, 2007. "Convirtiéndose en empresario," RES Working Papers 4520, Inter-American Development Bank, Research Department. [Downloadable!]
    2. Hugo Ñopo & Patricio Valenzuela, 2007. "Becoming an Entrepreneur," RES Working Papers 4519, Inter-American Development Bank, Research Department. [Downloadable!]
      Other versions:
    3. Francisco Gallego & Andrés E. Hernando., 2008. "On the Determinants and Implications of School Choice: Semi-Structural Simulations for Chile," Documentos de Trabajo 343, Instituto de Economía. Pontificia Universidad Católica de Chile.. [Downloadable!]
    4. Osvaldo Nina, 2006. "El Impacto Distributivo de la Política Fiscal en Bolivia," Development Research Working Paper Series 16/2006, Institute for Advanced Development Studies. [Downloadable!]
    5. Fernando Cabrales Gómez & Ana I. Fernández Sainz & Federico Hans Grafe Arias, 2004. "¿Es necesaria una política redistributiva del ingreso en Chile? Evidencia Empírica desde el principio de igualdad de oportunidades," BILTOKI 200401, Universidad del País Vasco - Departamento de Economía Aplicada III (Econometría y Estadística). [Downloadable!]

  27. Eduardo Engel & Patricio Meller & Claudio Bravo, 1998. "Análisis descriptivo del tamaño relativo del gasto del gobierno chileno," Documentos de Trabajo 43, Centro de Economía Aplicada, Universidad de Chile. [Downloadable!]

    Cited by:

    1. Fernando Cabrales Gómez & Ana I. Fernández Sainz & Federico Hans Grafe Arias, 2004. "¿Es necesaria una política redistributiva del ingreso en Chile? Evidencia Empírica desde el principio de igualdad de oportunidades," BILTOKI 200401, Universidad del País Vasco - Departamento de Economía Aplicada III (Econometría y Estadística). [Downloadable!]

  28. Ricardo J. Caballero & Eduardo M.R.A. Engel, 1998. "Nonlinear Aggregate Investment Dynamics: Theory and Evidence," NBER Working Papers 6420, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:

    Cited by:

    1. Nihal Bayraktar & Plutarchos Sakellaris & Philip Vermeulen, 2005. "Real versus financial frictions to capital investment," Working Paper Series 566, European Central Bank. [Downloadable!]
    2. Simon Gilchrist & Charles Himmelberg, 1998. "Investment, Fundamentals and Finance," NBER Working Papers 6652, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    3. Richard Holt, 2004. "Two Cheers for the Aggregated (S, s) Model!," ESE Discussion Papers 56, Edinburgh School of Economics, University of Edinburgh. [Downloadable!]

  29. Eduardo Engel & Ronald Fischer & Alexander Galetovic, 1998. "Infraestructure Franchising and Government Guarantees," Documentos de Trabajo 29, Centro de Economía Aplicada, Universidad de Chile.

    Cited by:

    1. Eduardo Engel & Ronald Fischer & Alexander Galetovic, 2002. "Highway Franchising and Real Estate Values," Cowles Foundation Discussion Papers 1354, Cowles Foundation, Yale University. [Downloadable!]
      Other versions:
    2. Eduardo Engel & Ronald Fischer & Alexander Galetovic, 1999. "Toll Competition Among Congested Roads," NBER Technical Working Papers 0239, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    3. Eduardo Engel & Ronald Fischer & Alexander Galetovic, 2005. "Privatizing Highways in the United States," Documentos de Trabajo 209, Centro de Economía Aplicada, Universidad de Chile. [Downloadable!]
      Other versions:
    4. Julio Cesar Alonso & Israel Fainboim Yaker & Carlos Jorge Rodriguez & Juan Benavides, 2001. "Participación privada en proyectos de infraestructura y determinantes de los esquemas contractuales adoptados: El caso colombiano," RES Working Papers 3111, Inter-American Development Bank, Research Department. [Downloadable!]
    5. Easterly, William, 1999. "When is fiscal adjustment an illusion?," Policy Research Working Paper Series 2109, The World Bank. [Downloadable!]
      Other versions:
    6. Irwin, Timothy & Klein, Michael & Perry, Guillermo E. & Thobani, Mateen, 1999. "Managing Government Exposure to Private Infrastructure Risks," World Bank Research Observer, Oxford University Press, vol. 14(2), pages 229-45, August. [Downloadable!]

  30. Eduardo M.R.A. Engel & Ronald D. Fischer & Alexander Galetovic, 1998. "Least-Present-Value-of-Revenue Auctions and Highway Franchising," NBER Working Papers 6689, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
    Published as:

    Cited by:

    1. Eduardo Engel & Ronald Fischer & Alexander Galetovic, 2007. "The Basic Public Finance of Public-Private Partnerships," NBER Working Papers 13284, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    2. Alberto Chong & Florencio Lopez-de-Silanes, 2003. "The Truth About Privatization in Latin America," RES Working Papers 3180, Inter-American Development Bank, Research Department. [Downloadable!]
      Other versions:
    3. Eduardo Engel & Ronald Fischer & Alexander Galetovic, 2002. "Competition In or For the Field: Which Is Better?," Cowles Foundation Discussion Papers 1358, Cowles Foundation, Yale University. [Downloadable!]
      Other versions:
    4. Elisabetta Iossa & David Martimort, 2008. "The Simple Micro-Economics of Public-Private Partnerships," CEIS Research Paper 139, Tor Vergata University, CEIS, revised 19 Dec 2008. [Downloadable!]
      Other versions:
    5. Ricardo Paredes & José Miguel Sánchez, 2003. "Government Concession Contracts in Chile: The Role of Competition in the Bidding Process," Documentos de Trabajo 258, Instituto de Economía. Pontificia Universidad Católica de Chile.. [Downloadable!]
      Other versions:
    6. Eduardo Engel & Ronald Fischer & Alexander Galetovic, 2002. "How to Auction an Essential Facility When Underhand Integration is Possible," Working Papers 839, Economic Growth Center, Yale University. [Downloadable!]
      Other versions:
    7. J. Luis Guasch & Jean-Jacques Laffont & Stephane Straub, 2005. "Concessions of Infrastructure in Latin America: Government-led Renegotiation," ESE Discussion Papers 132, Edinburgh School of Economics, University of Edinburgh. [Downloadable!]
      Other versions:
    8. Guasch, J. Luis & Laffont, Jean-Jacques & Straub, Stephane, 2003. "Renegotiation of concession contracts in Latin America," Policy Research Working Paper Series 3011, The World Bank. [Downloadable!]
      Other versions:
    9. de Rus, Gines, 2006. "Infraestructuras: más iniciativa privada y mejor sector público
      [Infrastructure: more private participation and better public sector]      ," MPRA Paper 12000, University Library of Munich, Germany. [Downloadable!]
    10. Elisabetta Iossa & Federico Antellini Russo, 2008. "Potenzialità e criticità del Partenariato Pubblico Privato in Italia," Rivista di Politica Economica, SIPI Spa, vol. 98(3), pages 125-158, May-June. [Downloadable!]
    11. Dosi, Cesare & Moretto, Michele, 2006. "Concession Bidding Rules and Investment Time Flexibility," Conference Papers 6630, University of Minnesota, Center for International Food and Agricultural Policy. [Downloadable!]
    12. Eduardo Engel & Ronald Fischer & Alexander Galetovic, 2006. "Renegotiation Without Holdup: Anticipating Spending and Infrastructure Concessions," Working Papers 937, Economic Growth Center, Yale University. [Downloadable!]
      Other versions:
    13. Guasch, J. Luis & Laffont, Jean-Jacques & Straub, Stephane, 2005. "Infrastructure concessions in Latin America : government-led renegotiations," Policy Research Working Paper Series 3749, The World Bank. [Downloadable!]
    14. Eduardo Engel & Ronald Fischer, 2008. "Optimal resource extraction contracts under threat of expropriation," Documentos de Trabajo 244, Centro de Economía Aplicada, Universidad de Chile. [Downloadable!]
      Other versions:
    15. Alexander Galetovic, 2002. "Transmisión y la "ley corta": una nota sobre el riesgo y la tasa de descuento," Documentos de Trabajo 138, Centro de Economía Aplicada, Universidad de Chile. [Downloadable!]
    16. Clifford Winston & Jia Yan, 2008. "US Highway Privatization and Heterogeneous Preferences," Working Papers 2008-20, School of Economic Sciences, Washington State University. [Downloadable!]
    17. Daniel Albalate & Germa Bel, 2007. "Regulating Concessions of Toll Motorways, An Empirical Study on Fixed vs. Variable Term Contracts," IREA Working Papers 200706, University of Barcelona, Research Institute of Applied Economics, revised Mar 2007. [Downloadable!]
      Other versions:
    18. Eric Maskin & Jean Tirole, 2006. "Public-private Partnerships and Government Spending Limits," Economics Working Papers 0075, Institute for Advanced Study, School of Social Science. [Downloadable!]
      Other versions:
    19. Eduardo Engel & Ronald Fischer & Alexander Galetovic, 1999. "Toll Competition Among Congested Roads," NBER Technical Working Papers 0239, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    20. Eduardo Engel & Ronald Fischer & Alexander Galetovic, 2006. "Privatizing Highways in the United States," Review of Industrial Organization, Springer, vol. 29(1), pages 27-53, September. [Downloadable!] (restricted)
      Other versions:
    21. Michele Moretto & Paolo M. Panteghini & Carlo Scarpa, 2007. "Profit Sharing and Investment by Regulated Utilities: a Welfare Analysis," "Marco Fanno" Working Papers 0059, Dipartimento di Scienze Economiche "Marco Fanno". [Downloadable!]
      Other versions:
    22. Andrés Pereira, 2001. "Teoría de subastas y concesiones de carreteras," Documentos de Trabajo (working papers) 1701, Department of Economics - dECON. [Downloadable!]
    23. Eduardo Engel & Ronald Fischer & Alexander Galetovic, 2009. "Public-Private Partnerships: when and how," Documentos de Trabajo 257, Centro de Economía Aplicada, Universidad de Chile. [Downloadable!]
    24. Estache, Antonio & Romero, Manuel & Strong, John, 2000. "The long and winding path to private financing and regulation of toll roads," Policy Research Working Paper Series 2387, The World Bank. [Downloadable!]
    25. Michele Moretto & Cesare Dosi, 2007. "Concession Bidding Rules and Investment Time Flexibility," Working Papers 2007.3, Fondazione Eni Enrico Mattei. [Downloadable!]
    26. Eduardo Engel & Ronald Fischer & Alexander Galetovic, 1999. "The Chilean Infrastructure Concessions Program: Evaluation, Lessons and Prospects for the Future," Documentos de Trabajo 60, Centro de Economía Aplicada, Universidad de Chile. [Downloadable!]
    27. de Rus, Gines & Nombela, Gustavo, 2003. "Concesiones de plazo variable para la construcción y explotación de autopistas
      [Variable-term concessions for road construction and operation]      ," MPRA Paper 12653, University Library of Munich, Germany. [Downloadable!]
    28. Elisabetta Iossa & David Martimort, 2009. "The Theory of Incentives Applied to the Transport Sector," The Centre for Market and Public Organisation 09/210, Department of Economics, University of Bristol, UK. [Downloadable!]
      Other versions:

  31. Eduardo M.R.A. Engel & Alexander Galetovic & Claudio E. Raddatz, 1998. "Taxes and Income Distribution in Chile: Some Unpleasant Redistributive Arithmetic," NBER Working Papers 6828, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
    Published as:

    Cited by:

    1. Andrés Gómez-Lobo, 2007. "A new look at the incidence of public transport subsidies: a case study of Santiago, Chile," Working Papers wp253, University of Chile, Department of Economics. [Downloadable!]
    2. Andrea Repetto & Cristobal Huneeus, 2004. "The Dynamics of Earnings in Chile," Econometric Society 2004 Latin American Meetings 251, Econometric Society. [Downloadable!]
    3. Pablo Serra, 1998. "Evaluación del Sistema Tributario Chileno y Propuesta de Reforma," Working Papers Central Bank of Chile 40, Central Bank of Chile. [Downloadable!]
    4. M.Govinda Rao, 2005. "Trends and Issues in Tax Policy and Reform in India," Working Papers id:243, esocialsciences.com. [Downloadable!]
    5. Essama-Nssah, B., 2008. "Assessing the redistributive effect of fiscal policy," Policy Research Working Paper Series 4592, The World Bank. [Downloadable!]
    6. Guillermo Le Fort & Sergio Lehmann, 2000. "El Encaje, los Flujos de Capitales y el Gasto: Una Evaluación empírica," Working Papers Central Bank of Chile 64, Central Bank of Chile. [Downloadable!]
    7. Cristóbal Huneeus & Andrea Repetto, 2004. "The Dynamics of Earnings in Chile," Documentos de Trabajo 183, Centro de Economía Aplicada, Universidad de Chile. [Downloadable!]
    8. Facundo Alvaredo, 2007. "The Rich in Argentina over the twentieth century: From the Conservative Republic to the Peronist experience and beyond 1932-2004," PSE Working Papers 2007-02, PSE (Ecole normale supérieure). [Downloadable!]
    9. Nasim Shah Shirazi & Muhammad Ilyas & Mehboob Ahmad, 2001. "Redistributive Effects of Fiscal Policy across the Income Groups in the Urban-Rural Areas of Pakistan," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 40(4), pages 519-533. [Downloadable!]
    10. Richard M. bird, 2003. "Taxation in Latin America: Reflections on Sustainability and the Balance between Equity and Efficiency," International Tax Program Papers 0306, International Tax Program, Institute for International Business, Joseph L. Rotman School of Management, University of Toronto. [Downloadable!]
    11. Bénabou, Roland, 2000. "Tax And Education Policy In A Heterogeneous Agent Economy: What Levels Of Redistribution Maximize Growth And Efficiency?," CEPR Discussion Papers 2446, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
      Other versions:
    12. Rao, M. Govinda & Rao, R. Kavita, 2005. "Trends and issues in tax policy and reform in India," Working Papers tru1, National Institute of Public Finance and Policy. [Downloadable!]
    13. Marcin Piatkowski & Mariusz Jarmuzek, 2008. "Zero Corporate Income Tax in Moldova: Tax Competition and Its Implications for Eastern Europe," IMF Working Papers 08/203, International Monetary Fund. [Downloadable!]
    14. Christian E. Weller & Manita Rao, 2008. "Can Progressive Taxation Contribute to Economic Development?," Working Papers wp176, Political Economy Research Institute, University of Massachusetts at Amherst. [Downloadable!]
    15. Ssewanyana, Sarah, 2009. "Gender and incidence of indirect taxation: Evidence from Uganda," Research Series 54939, Economic Policy Research Centre (EPRC). [Downloadable!]
    16. Georgina Pizzolitto, 2005. "Poverty and Inequality in Chile: Methodological Issues and a Literature Review," Working Papers 0020, CEDLAS, Universidad Nacional de La Plata. [Downloadable!]
    17. Alvaro Bustos & Eduardo Engel & Alexander Galetovic, 2003. "Could Higher Taxes Increase the Long-Run Demand for Capital? Theory and Evidence for Chile"," Working Papers 858, Economic Growth Center, Yale University. [Downloadable!]
      Other versions:
    18. Cuesta, Jose, 2006. "The distributive consequuences of machismo: A simulation analysis of intrahousehold allocation," MPRA Paper 11243, University Library of Munich, Germany. [Downloadable!]
    19. Pablo Serra, 2000. "Fundamentos para una Reforma Tributaria en Chile," Cuadernos de Economía (Latin American Journal of Economics), Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 37(111), pages 299-322. [Downloadable!]
    20. Fernando Cabrales Gómez & Ana I. Fernández Sainz & Federico Hans Grafe Arias, 2004. "¿Es necesaria una política redistributiva del ingreso en Chile? Evidencia Empírica desde el principio de igualdad de oportunidades," BILTOKI 200401, Universidad del País Vasco - Departamento de Economía Aplicada III (Econometría y Estadística). [Downloadable!]
    21. Ssewanyana, Sarah N. & Okidi, John A., 2008. "A microsimulation of the Uganda tax system (UGATAX) and the poor from 1999 to 2003," Research Series 54940, Economic Policy Research Centre (EPRC). [Downloadable!]

  32. Alexis Camhi & Eduardo Engel & Alejandro Micco, 1997. "Dinámica de empleo y productividad en manufactura: Evidencia micro y consecuencias macro," Documentos de Trabajo 19, Centro de Economía Aplicada, Universidad de Chile.

    Cited by:

    1. Osvaldo Larrañaga & Ricardo Paredes, 1999. "Unemployment and Wages in Chile: A Dynamic Perspective Using Synthetic Cohorts," Cuadernos de Economía (Latin American Journal of Economics), Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 36(109), pages 929-946. [Downloadable!]
    2. Alejandro Micco & Carmen Pagés-Serra, 2004. "Employment Protection and Gross Job Flows: A Differences-in-Differences Approach," RES Working Papers 4365, Inter-American Development Bank, Research Department. [Downloadable!]
    3. Víctor O. Lima & Ricardo D. Paredes, 2007. "The dynamics of the labor markets in Chile," Estudios de Economia, University of Chile, Department of Economics, vol. 34(2 Year 20), pages 163-183, December. [Downloadable!]
    4. Raphael Bergoeing & Patrick J. Kehoe & Timothy J & Kehoe & Raimundo Soto, 2001. "A decade lost and found: Mexico and Chile in the 1980s," Staff Report 292, Federal Reserve Bank of Minneapolis. [Downloadable!]
      Other versions:
    5. José Miguel Benavente & Alexander Galetovic & Ricardo Sanhueza, 2005. "La dinámica industrial y el financiamiento de las pyme," Documentos de Trabajo 201, Centro de Economía Aplicada, Universidad de Chile. [Downloadable!]
    6. Ricardo Paredes & Victor Lima, 2004. "Labor Market Regimes and Mobility through a Markov Chain in Chile," Econometric Society 2004 Latin American Meetings 317, Econometric Society. [Downloadable!]
    7. Alejandro Micco & Carmen Pagés-Serra, 2004. "Protección del empleo y flujo bruto de puestos de trabajo: un enfoque de diferencias en diferencias," RES Working Papers 4366, Inter-American Development Bank, Research Department. [Downloadable!]
    8. Rodrigo Vergara & Rosario Rivero, 2006. "Productividad Sectorial en Chile: 1986-2001," Cuadernos de Economía (Latin American Journal of Economics), Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 43(127), pages 143-168. [Downloadable!]
      Other versions:
    9. Lucas Navarro & Raimundo Soto, 2006. "Procyclical Productivity in Manufacturing," Cuadernos de Economía (Latin American Journal of Economics), Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 43(127), pages 193-220. [Downloadable!]
    10. José Miguel Benavente & Christian Ferrada, 2004. "Probability of Survival of New Manufacturing Plants: the case of Chile," Econometric Society 2004 Latin American Meetings 305, Econometric Society. [Downloadable!]
    11. Jaime Gatica & Pilar Romaguera, 2005. "El Mercado Laboral en Chile Nuevos Temas y Desafíos," Documentos de Trabajo 210, Centro de Economía Aplicada, Universidad de Chile. [Downloadable!]

  33. Eduardo Engel & Ronald Fischer & Alexander Galetovic, 1997. "¿Cómo licitar una concesión vial urbana?," Documentos de Trabajo 25, Centro de Economía Aplicada, Universidad de Chile.

    Cited by:

    1. Andrés Pereira, 2001. "Teoría de subastas y concesiones de carreteras," Documentos de Trabajo (working papers) 1701, Department of Economics - dECON. [Downloadable!]

  34. Eduardo Engel & Ronald Fischer & Alexander Galetovic, 1997. "Highway Franchising: Pitfalls and Opportunities," Documentos de Trabajo 15, Centro de Economía Aplicada, Universidad de Chile.
    Published as:

    Cited by:

    1. Thorsten Beckers & Christian von Hirschhausen & Jan Peter Klatt, . "Reformbedarf bei den Bundesfernstraßen und das Potential des PPP-Ansatzes," Working Papers 2006-03, Center for Network Industries and Infrastructure (CNI), revised 19 Jun 2006. [Downloadable!]
    2. Ricardo Paredes & José Miguel Sánchez, 2003. "Government Concession Contracts in Chile: The Role of Competition in the Bidding Process," Documentos de Trabajo 258, Instituto de Economía. Pontificia Universidad Católica de Chile.. [Downloadable!]
      Other versions:
    3. Athias, Laure & Saussier, Stéphane, 2007. "Contractual flexibility or rigidity for public private partnerships? Theory and evidence from infrastructure concession contracts," MPRA Paper 10541, University Library of Munich, Germany. [Downloadable!]
    4. Eduardo Engel & Alexander Galetovic & Ronald Fischer, 2003. "Privatizing Highways in Latin America: is it Possible to Fix What Went Wrong?," Documentos de Trabajo 163, Centro de Economía Aplicada, Universidad de Chile. [Downloadable!]
      Other versions:
    5. de Rus, Gines & Nombela, Gustavo, 2000. "Least Present Value of Net Revenue: a new auction-mechanism for highway concessions," MPRA Paper 12203, University Library of Munich, Germany. [Downloadable!]
    6. de Rus, Gines, 2000. "Infraestructuras: ¿Qué podemos decir los economistas?
      [Infrastructure: what can the economists say?]      ," MPRA Paper 12194, University Library of Munich, Germany. [Downloadable!]
    7. Daniel Albalate & Germa Bel, 2007. "Regulating Concessions of Toll Motorways, An Empirical Study on Fixed vs. Variable Term Contracts," IREA Working Papers 200706, University of Barcelona, Research Institute of Applied Economics, revised Mar 2007. [Downloadable!]
      Other versions:
    8. Erik T. Verhoef, 2005. "Second-best Road Pricing Through Highway Franchising," Tinbergen Institute Discussion Papers 05-082/3, Tinbergen Institute. [Downloadable!]
      Other versions:
    9. Andrés Pereira, 2001. "Teoría de subastas y concesiones de carreteras," Documentos de Trabajo (working papers) 1701, Department of Economics - dECON. [Downloadable!]
    10. Andrés Pereyra, 2006. "Alternativas en el manejo del riesgo de demanda en concesiones de infraestructura vial," Documentos de Trabajo (working papers) 2206, Department of Economics - dECON. [Downloadable!]
    11. Erik T. Verhoef, 2007. "Private Roads," Tinbergen Institute Discussion Papers 07-093/3, Tinbergen Institute, revised 25 Jun 2008. [Downloadable!]
    12. John Hall, 1998. "Private opportunity, public benefit?," Fiscal Studies, Institute for Fiscal Studies, vol. 19(2), pages 121-140, May. [Downloadable!]
    13. Nombela, Gustavo & de Rus, Gines, 2001. "Auctions for Infrastructure Concessions with Demand Uncertainty and Unknown Costs," MPRA Paper 12023, University Library of Munich, Germany. [Downloadable!]
    14. Eduardo Engel & Ronald Fischer & Alexander Galetovic, 1999. "The Chilean Infrastructure Concessions Program: Evaluation, Lessons and Prospects for the Future," Documentos de Trabajo 60, Centro de Economía Aplicada, Universidad de Chile. [Downloadable!]
    15. Eduardo Engel & Ronald Fischer & Alexander Galetovic, 2000. "Franchising of infrastructure concessions in Chile: A Policy Report," Documentos de Trabajo 88, Centro de Economía Aplicada, Universidad de Chile. [Downloadable!]
    16. Athias, Laure & Nunez, Antonio, 2008. "The more the merrier? Number of bidders, information dispersion, renegotiation and winner’s curse in toll road concessions," MPRA Paper 10539, University Library of Munich, Germany. [Downloadable!]
    17. Trujillo, Lourdes & Quinet, Emile & Estache, Antonio, 2000. "Forecasting the demand for privatized transport - What economic regulators should know, and why," Policy Research Working Paper Series 2446, The World Bank. [Downloadable!]
    18. de Rus, Gines & Nombela, Gustavo, 2003. "Concesiones de plazo variable para la construcción y explotación de autopistas
      [Variable-term concessions for road construction and operation]      ," MPRA Paper 12653, University Library of Munich, Germany. [Downloadable!]

  35. Eduardo Engel & Ronald Fischer & Alexander Galetovic, 1996. "A New Mechanism to Auction Highway Franchises," Documentos de Trabajo 13, Centro de Economía Aplicada, Universidad de Chile.

    Cited by:

    1. Escola de Economia da Fundação Getulio Vargas, 2001. "Private Participation in Infrastructure Projects and Determinants of Observed Contractual Arrangements: The Case of Brazil," RES Working Papers 3112, Inter-American Development Bank, Research Department. [Downloadable!]
    2. Andrés Pereira, 2001. "Teoría de subastas y concesiones de carreteras," Documentos de Trabajo (working papers) 1701, Department of Economics - dECON. [Downloadable!]

  36. Ricardo J. Caballero & Eduardo M.R.A. Engel & John Haltiwanger, 1995. "Aggregate Employment Dynamics: Building From Microeconomic Evidence," NBER Working Papers 5042, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
    Published as:

    Cited by:

    1. Steven J. Davis & John Haltiwanger & Ron Jarmin & Javier Miranda, 2006. "Volatility and Dispersion in Business Growth Rates: Publicly Traded versus Privately Held Firms," NBER Working Papers 12354, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    2. Ricardo J. Caballero & Kevin N. Cowan & Eduardo M.R.A. Engel & Alejandro Micco, 2004. "Effective Labor Regulation and Microeconomic Flexibility," Cowles Foundation Discussion Papers 1480, Cowles Foundation, Yale University, revised Oct 2006. [Downloadable!]
      Other versions:
    3. Marelli, Enrico, 1999. "Convergence and asymmetries in the employment dynamics of the European regions," ERSA conference papers ersa99pa120, European Regional Science Association. [Downloadable!]
    4. Julián Arévalo B. & Jair Ojeda J., 2004. "Riesgo moral y contratos: cierta evidencia experimental," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 6(10), pages 47-69, January-J. [Downloadable!]
      Other versions:
    5. Jeffrey R. Campbell & Jonas D. M. Fisher, 2000. "Aggregate Employment Fluctuations with Microeconomic Asymmetries," American Economic Review, American Economic Association, vol. 90(5), pages 1323-1345, December. [Downloadable!] (restricted)
      Other versions:
    6. Contreras, Juan, 2006. "An Empirical Model of Factor Adjustment Dynamics," MPRA Paper 9797, University Library of Munich, Germany. [Downloadable!]
    7. Alejandro Micco & Carmen Pagés-Serra, 2004. "Employment Protection and Gross Job Flows: A Differences-in-Differences Approach," RES Working Papers 4365, Inter-American Development Bank, Research Department. [Downloadable!]
    8. Ricardo J. Caballero & Eduardo M.R.A. Engel, 2003. "Adjustment Is Much Slower Than You Think," Cowles Foundation Discussion Papers 1430, Cowles Foundation, Yale University. [Downloadable!]
      Other versions:
    9. Giovanni Gallipoli & Gianluigi Pelloni, 2008. "Aggregate Shocks vs Reallocation Shocks: an Appraisal of the Applied Literature," Working Paper Series 27-08, Rimini Centre for Economic Analysis, revised Jan 2008. [Downloadable!]
    10. Gianluigi Pelloni & Wolfgang Polasek, . "Intersectoral Labour Reallocation and Employment Volatility: A Bayesian Analysis using a VAR-GARCH-M model," Discussion Papers 99/4, Department of Economics, University of York. [Downloadable!]
    11. Dwyer, Douglas, 1997. "Technology Locks, Creative Destruction, and Non-Convergence in Productivity Levels," Working Papers 97-24, C.V. Starr Center for Applied Economics, New York University. [Downloadable!]
    12. Michelacci, Claudio, 2004. "Cross-Sectional Heterogeneity and the Persistence of Aggregate Fluctuations," CEPR Discussion Papers 4302, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
      Other versions:
    13. Marcelo Veracierto, 2003. "Firing costs and business cycle fluctuations," Working Paper Series WP-03-29, Federal Reserve Bank of Chicago. [Downloadable!]
      Other versions:
    14. Thijs van Rens, 2004. "Organizational Capital and Employment Fluctuations," Economics Working Papers 944, Department of Economics and Business, Universitat Pompeu Fabra. [Downloadable!]
      Other versions:
    15. Russell Cooper & Jonathan L. Willis, 2004. "A Comment on the Economics of Labor Adjustment: Mind the Gap: Rejoinder," American Economic Review, American Economic Association, vol. 94(4), pages 1245-1247, September. [Downloadable!]
    16. Fang Yao, 2008. "Lumpy Labor Adjustment as a Propagation Mechanism of Business Cycles," SFB 649 Discussion Papers SFB649DP2008-022, Sonderforschungsbereich 649, Humboldt University, Berlin, Germany. [Downloadable!]
      Other versions:
    17. Leif Danziger, 2001. "Output and Welfare Effects of Inflation with Costly Price and Quantity Adjustments," American Economic Review, American Economic Association, vol. 91(5), pages 1608-1620, December. [Downloadable!] (restricted)
    18. Fransisco M. Ganzalez & Alok Johri, 2002. "Asymmetric Labor Adjustment, Organizational Capital and Aggregate Job Flows," Department of Economics Working Papers 2002-03, McMaster University. [Downloadable!]
    19. Russell Cooper & Jonathan Willis, 2002. "The cost of labor adjustment : inferences from the gap," Research Working Paper RWP 02-11, Federal Reserve Bank of Kansas City. [Downloadable!]
      Other versions:
    20. Alejandro Micco - Carmen Pages, 2004. "Employment Protection and Gross Job Flows1," Econometric Society 2004 Latin American Meetings 295, Econometric Society. [Downloadable!]
    21. Xavier Gabaix, 2009. "The Granular Origins of Aggregate Fluctuations," NBER Working Papers 15286, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    22. Jurajda, Stepán & Terrell, Katherine, 2002. "What Drives the Speed of Job Reallocation During Episodes of Massive Adjustment?," IZA Discussion Papers 601, Institute for the Study of Labor (IZA). [Downloadable!]
      Other versions:
    23. Jeffrey R. Campbell & Jonas D.M.Fisher, 2000. "Idiosyncratic Risk and Aggregate Employment Dynamics," NBER Working Papers 7936, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    24. Leif Danziger, 2008. "Adjustment Costs, Inventories and Output," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
      Other versions:
    25. Øivind A. Nilsen, Arvid Raknerud, Marina Rybalka and Terje Skjerpen, 2005. "Lumpy Investments, Factor Adjustments and Productivity," Discussion Papers 441, Research Department of Statistics Norway. [Downloadable!]
    26. Russell W. Cooper & John C. Haltiwanger, 2000. "On the Nature of Capital Adjustment Costs," NBER Working Papers 7925, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    27. Luigi Guiso & Fabiano Schivardi, 2000. "Information Spillovers and Factor Adjustment," Temi di discussione (Economic working papers) 368, Bank of Italy, Economic Research Department. [Downloadable!]
      Other versions:
    28. Nathan Musick, 1998. "Heroic Plants: Persistently Rapid Job Creators in the Longitudinal Research Database - Their Distinguishing Characteristics and Contribution to Employment Growth," Industrial Organization 9811001, EconWPA. [Downloadable!]
    29. Edlira Narazani, 2004. "Reflection on Microeconomic Adjustment Hazard Approach," Labor and Demography 0410011, EconWPA. [Downloadable!]
    30. Kalckreuth, Ulf von, 2008. "Panel estimation of state dependent adjustment when the target is unobserved," Discussion Paper Series 1: Economic Studies 2008,09, Deutsche Bundesbank, Research Centre. [Downloadable!]
    31. Hyunbae Chun & Sung-Bae Mun, 2005. "The Structure of Adjustment Costs in Information Technology Investment," Economics Bulletin, Economics Bulletin, vol. 5(4), pages 1-9. [Downloadable!]
    32. Catherine Fuss, 2008. "How do firms adjust their wage bill in Belgium ? A decomposition along the intensive and extensive margins," Research series 200801-31, National Bank of Belgium. [Downloadable!]
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    33. Marcela Eslava & John Haltiwanger & Adriana Kugler & Maurice Kugler, 2005. "Factor Adjustments after Deregulation: Panel Evidence from Colombian Plants," IZA Discussion Papers 1751, Institute for the Study of Labor (IZA). [Downloadable!]
      Other versions:
    34. Nick Bloom, 2006. "The Impact of Uncertainty Shocks: Firm Level Estimation and a 9/11 Simulation," CEP Discussion Papers dp0718, Centre for Economic Performance, LSE. [Downloadable!]
    35. Higson, C. & Holly, S. & Kattuman, P. & S. Platis, 2001. "The Business Cycle, Macroeconomic Shocks and the Cross Section: The Growth of UK Quoted Companies," Cambridge Working Papers in Economics 0114, Faculty of Economics, University of Cambridge. [Downloadable!]
      Other versions:
    36. Ricardo J. Caballero & Eduardo M.R.A. Engel, 2004. "A Comment on the Economics of Labor Adjustment: Mind the Gap: Reply," American Economic Review, American Economic Association, vol. 94(4), pages 1238-1244, September. [Downloadable!]
    37. Russell Cooper & Jonathan L. Willis, 2001. "The economics of labor adjustment : mind the gap," Research Working Paper RWP 01-06, Federal Reserve Bank of Kansas City. [Downloadable!]
      Other versions:
    38. Daniel S. Hamermesh, 1999. "The Art of Labormetrics," NBER Working Papers 6927, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    39. Geroski, Paul A, 1999. "The Growth of Firms in Theory and in Practice," CEPR Discussion Papers 2092, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    40. Mark E. Doms & Timothy Dunne, 1998. "Capital Adjustment Patterns in Manufacturing Plants," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 1(2), pages 409-429, April. [Downloadable!] (restricted)
      Other versions:
    41. Mark A Calabria, 1998. "The Census of Construction Industries Database," Working Papers 98-10, Center for Economic Studies, U.S. Census Bureau. [Downloadable!]
    42. Daniel Wilson, 2004. "Investment Behavior of U.S. Firms Over Heterogenous Capital Goods: A Snapshot," Working Papers 04-19, Center for Economic Studies, U.S. Census Bureau. [Downloadable!]
      Other versions:
    43. Eric Heyer & Frederic Reynes & Henri Sterdyniak, 2004. "Observable and unobservable variables in the theory of the equilibrium rate of unemployment, a comparison between France and the United States," Documents de Travail de l'OFCE 2004-06, Observatoire Francais des Conjonctures Economiques (OFCE). [Downloadable!]
    44. Andrew Figura, 2004. "Workweek flexibility and hours variation," Finance and Economics Discussion Series 2004-59, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
    45. Ricardo J. Caballero & Eduardo M.R.A. Engel & Alejandro Micco, 2004. "Microeconomic Flexibility in Latin America," Working Papers 884, Economic Growth Center, Yale University. [Downloadable!]
      Other versions:
    46. Patrick Kline, 2008. "Understanding Sectoral Labor Market Dynamics: An Equilibrium Analysis of the Oil and Gas Field Services Industry," Cowles Foundation Discussion Papers 1645, Cowles Foundation, Yale University. [Downloadable!]
    47. Bo Becker & Jagadeesh Sivadasan, 2006. "The effect of financial development on the investment-cash flow relationship - cross-country evidence from Europe," Working Paper Series 689, European Central Bank. [Downloadable!]
    48. Steven J. Davis & John Haltiwanger, 1995. "Measuring Gross Worker and Job Flows," NBER Working Papers 5133, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    49. P. Geroski, 1998. "An Applied Econometrician's View of Large Company Performance," Review of Industrial Organization, Springer, vol. 13(3), pages 271-294, June. [Downloadable!] (restricted)
      Other versions:
    50. Arpad Abraham & Kirk White, 2006. "The Dynamics of Plant-Level Productivity in U.S. Manufacturing," Working Papers 06-20, Center for Economic Studies, U.S. Census Bureau. [Downloadable!]
      Other versions:
    51. Christian Bayer, 2004. "On the Interaction of Financial Frictions and Fixed Capital Adjustment Costs: Evidence from a Panel of German Firms," Macroeconomics 0410006, EconWPA. [Downloadable!]
      Other versions:
    52. Yosuke Okada, 2005. "Competition and Productivity in Japanese Manufacturing Industries," NBER Working Papers 11540, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    53. Martin Neil Baily & Eric J. Bartelsman & John Haltiwanger, 1996. "Labor Productivity: Structural Change and Cyclical Dynamics," NBER Working Papers 5503, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    54. Joao Miguel Ejarque & Oivind Anti Nilsen, 2008. "Identifying Adjustment Costs of Net and Gross Employment Changes," Economics Discussion Papers 660, University of Essex, Department of Economics. [Downloadable!]
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    55. Belke, Ansgar & Göcke, Matthias, 2004. "Real Options Effects on Employment: Does Exchange Rate Uncertainty Matter for Aggregation?," IZA Discussion Papers 1126, Institute for the Study of Labor (IZA). [Downloadable!]
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    56. José Varejão & Pedro Portugal, 2006. "Employment Dynamics and the Structure of Labor Adjustment Costs," IZA Discussion Papers 1922, Institute for the Study of Labor (IZA). [Downloadable!]
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    57. Carlos Casacuberta & Néstor Gandelman, 2006. "Protection, Openness and Factor Adjustment: Evidence from the manufacturing sector in Uruguay," Documentos de Trabajo (working papers) 1806, Department of Economics - dECON. [Downloadable!]
    58. Kalckreuth, Ulf von, 2008. "Financing constraints, firm level adjustment of capital and aggregate implications," Discussion Paper Series 1: Economic Studies 2008,11, Deutsche Bundesbank, Research Centre. [Downloadable!]
    59. G. Urga & P. A. Geroski & S. Lazarova & C. F. Walters, 2003. "Are differences in firm size transitory or permanent?," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 18(1), pages 47-59. [Downloadable!]
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    60. Xavier Gabaix, 2004. "Power laws and the origins of aggregate fluctuations," Econometric Society 2004 North American Summer Meetings 484, Econometric Society. [Downloadable!]
    61. Plutarchos Sakellaris, 2000. "Patterns of Plant Adjustment," Electronic Working Papers 00-001, University of Maryland, Department of Economics. [Downloadable!]
    62. Gerald A. Carlino & Robert H. DeFina & Keith Sill, 2000. "Sectoral shocks and metropolitan employment growth," Working Papers 00-9, Federal Reserve Bank of Philadelphia. [Downloadable!]
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    63. Daniel S. Hamermesh & Wolter H. J. Hassink & Jan C. Van Ours, 1996. "Job Turnover and Labor Turnover: A taxinomy of Employment Dynamics," Annales d'Economie et de Statistique, ADRES, issue 41-42, pages 03, Janvier-J. [Downloadable!]
    64. Nicholas Bloom, 2007. "The Impact of Uncertainty Shocks," NBER Working Papers 13385, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    65. Robert G. King & Julia K. Thomas, 2004. "Partial adjustment without apology," Staff Report 327, Federal Reserve Bank of Minneapolis. [Downloadable!]
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    66. Kevin J. Stiroh, 2000. "Compositional dynamics and the performance of the U.S. banking industry," Staff Reports 98, Federal Reserve Bank of New York. [Downloadable!]
    67. Casacuberta, Carlos & Gandelman, Nestor, 2006. "Protection, openness, and factor adjustment : evidence from the manufacturing sector in Uruguay," Policy Research Working Paper Series 3891, The World Bank. [Downloadable!]
    68. Russell Cooper & Jonathan L. Willis, 2009. "Mind the (approximation) gap: a robustness analysis," Research Working Paper RWP 09-02, Federal Reserve Bank of Kansas City. [Downloadable!]
    69. Randal J. Verbrugge, 1998. "Local Complementarities and Aggregate Fluctuations," Macroeconomics 9809016, EconWPA, revised 30 Sep 1998. [Downloadable!]
    70. Plutarchos Sakellaris, 2001. "Patterns of plant adjustment," Finance and Economics Discussion Series 2001-05, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
    71. Russell Cooper & John Haltiwanger & Jonathan L. Willis, 2007. "Implications of Search Frictions: Matching Aggregate and Establishment-level Observations," NBER Working Papers 13115, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    72. Daniel S. Hamermesh & Wolter H. J. Hassink & Jan C. van Ours, 1994. "New Facts About Factor-Demand Dynamics: Employment, Jobs, and Workers," NBER Working Papers 4625, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    73. Gil Mehrez, 1996. "Output, Employment And Prices In An Economy With Adjustment Costs," Macroeconomics 9610003, EconWPA. [Downloadable!]
    74. Ricardo J. Caballero & Eduardo M.R.A. Engel, 1998. "Nonlinear Aggregate Investment Dynamics: Theory and Evidence," NBER Working Papers 6420, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    75. Canton, E., 1995. "Efficiency Wages and the Business Cycle," Discussion Paper 31, Tilburg University, Center for Economic Research. [Downloadable!]
    76. Alejandro Micco & Carmen Pagés-Serra, 2004. "Protección del empleo y flujo bruto de puestos de trabajo: un enfoque de diferencias en diferencias," RES Working Papers 4366, Inter-American Development Bank, Research Department. [Downloadable!]
    77. Timothy Dunne & Kenneth R Troske & John Haltiwanger, 1996. "Technology and Jobs: Secular Changes and Cyclical Dynamics," Working Papers 96-7, Center for Economic Studies, U.S. Census Bureau. [Downloadable!]
      Other versions:
    78. Alex Coad & Werner Hölzl, 2009. "On the Autocorrelation of Growth Rates," Journal of Industry, Competition and Trade, Springer, vol. 9(2), pages 139-166, June. [Downloadable!] (restricted)
    79. Nicholas Bloom, 2000. "The dynamic effects of real options and irreversibility on investment and labour demand," IFS Working Papers W00/15, Institute for Fiscal Studies. [Downloadable!]
    80. Steven J. Davis & John Haltiwanger, 1996. "On the Driving Forces Behind Cyclical Movement, in Employment and Job Reallocation," NBER Working Papers 5775, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    81. Matthias Göcke & Ansgar Belke, 1999. "Micro and Macro Hysteresis in Employment under Exchange Rate Uncertainty," Computing in Economics and Finance 1999 722, Society for Computational Economics. [Downloadable!]
    82. Russell Cooper & Jonathan L. Willis, 2004. "A Comment on the Economics of Labor Adjustment: Mind the Gap," American Economic Review, American Economic Association, vol. 94(4), pages 1223-1237, September. [Downloadable!]
    83. Stephan Fahr & Fang Yao, 2009. "When does Lumpy Factor Adjustment Matter for Aggregate Dynamics?," Working Paper Series 1016, European Central Bank. [Downloadable!]
    84. Sebastián Claro, 2002. "Manufacturing Employment Cycle," Documentos de Trabajo 212, Instituto de Economía. Pontificia Universidad Católica de Chile.. [Downloadable!]
    85. Lucia Foster, 1999. "Employment Adjustment Costs and Establishment Characteristics," Working Papers 99-15, Center for Economic Studies, U.S. Census Bureau. [Downloadable!]
    86. Carlos Casacuberta & Gabriela Fachola & Nestor Gandelman, 2004. "The Impact of Trade Liberalization on Employment, Capital, and Productivity Dynamics: Evidence from the Uruguayan Manufacturing Sector," RES Working Papers 3170, Inter-American Development Bank, Research Department. [Downloadable!]
    87. John M. Abowd & Francis Kramarz, 1997. "The Costs of Hiring and Separations," NBER Working Papers 6110, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    88. Talan Iscan & Lars Osberg, 1998. "Does Inflation Affect Output Varibility? Evidence from 40 Years of US Data," Department of Economics at Dalhousie University working papers archive stabilus, Dalhousie, Department of Economics. [Downloadable!]
    89. Roman Sustek, 2005. "Plant-Level Nonconvexities and the Monetary Transmission Mechanism," Working Papers 2005/09, Czech National Bank, Research Department. [Downloadable!]
    90. Austan Goolsbee & David B. Gross, 1997. "Estimating Adjustment Costs with Data on Heterogeneous Capital Goods," NBER Working Papers 6342, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    91. Brzoza-Brzezina, Michal & Socha, Jacek, 2006. "Downward nominal wage rigidity in Poland," MPRA Paper 843, University Library of Munich, Germany, revised Nov 2006. [Downloadable!]
      Other versions:
    92. Leif Danziger, 2005. "Output Effects of Inflation with Fixed Price- and Quantity-Adjustment Costs," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
      Other versions:
    93. Lucia Foster, 1999. "On The Sources And Size Of Employment Adjustment Costs," Working Papers 99-7, Center for Economic Studies, U.S. Census Bureau. [Downloadable!]
    94. Douglas Dwyer, 1998. "Technology Locks, Creative Destruction, and Non-Convergence in Productivity Levels," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 1(2), pages 430-473, April. [Downloadable!] (restricted)
      Other versions:
    95. Scott Schuh, 1996. "Evidence on the link between firm-level and aggregate inventory behavior," Finance and Economics Discussion Series 96-46, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
    96. Christian Bayer, 2004. "A closer look at the gap. A comment on Cooper and Willis' 'mind the gap' paper," Macroeconomics 0408010, EconWPA. [Downloadable!]

  37. Ricardo J. Caballero & Eduardo M.R.A. Engel, 1994. "Explaining Investment Dynamics in U.S. Manufacturing: A Generalized (S,s) Approach," NBER Working Papers 4887, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
    Published as:

    Cited by:

    1. Nihal Bayraktar & Plutarchos Sakellaris & Philip Vermeulen, 2005. "Real versus financial frictions to capital investment," Working Paper Series 566, European Central Bank. [Downloadable!]
    2. Christian Bayer & Falko Juessen, 2006. "On the Dynamics of Interstate Migration: Migration Costs and Self-Selection," Discussion Papers in Economics 06_03, University of Dortmund, Department of Economics. [Downloadable!]
      Other versions:
    3. Nicholas Bloom, 2000. "A Generalised Model of Investment under Uncertainty: Aggregation and Estimation," Econometric Society World Congress 2000 Contributed Papers 1505, Econometric Society. [Downloadable!]
    4. Rocío Sánchez-Mangas, 2001. "Estimation Of A Dynamic Discrete Choice Model Of Irreversible Investment," Statistics and Econometrics Working Papers ws015628, Universidad Carlos III, Departamento de Estadística y Econometría. [Downloadable!]
    5. Contreras, Juan, 2006. "An Empirical Model of Factor Adjustment Dynamics," MPRA Paper 9797, University Library of Munich, Germany. [Downloadable!]
    6. Alexandra Espinosa & Carlos Felipe jaramillo & Edgar Caicedo, . "Caracterización del Ajuste Macroeconómico de Precios en Colombia," Borradores de Economia 177, Banco de la Republica de Colombia. [Downloadable!]
    7. Michael Woodford, 2008. "Information-Constrained State-Dependent Pricing," NBER Working Papers 14620, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    8. Alessandra Del Boca & Marzio Galeotti & Paola Rota, 2003. "Non-convexities in the Adjustment of Different Capital Inputs: A Firm-level Investigation," Working Papers 2003.35, Fondazione Eni Enrico Mattei. [Downloadable!]
      Other versions:
    9. Thomas Philippon, 2006. "The Bond Market's q," NBER Working Papers 12462, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    10. Hiroyuki Kasahara, 2003. "Technology Adoption Under Relative Factor Price Uncertainty: The Putty-Clay Investment Model," Working Papers 1014, Queen's University, Department of Economics. [Downloadable!]
      Other versions:
    11. Jaime Casassus & Pierre Collin-Dufresne & Bryan R. Routledge, 2005. "Equilibrium Commodity Prices with Irreversible Investment and Non-Linear Technology," NBER Working Papers 11864, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    12. Michelacci, Claudio, 2004. "Cross-Sectional Heterogeneity and the Persistence of Aggregate Fluctuations," CEPR Discussion Papers 4302, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
      Other versions:
    13. Hiromi Nosaka, 2004. "The effects of land price on the quality of capital and maulti-factor productivity," Hi-Stat Discussion Paper Series d03-21, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
    14. Ott, Ingrid & Soretz, Susanne, 2006. "Infrastruktur als Investitionsdeterminante von KMU," Diskussionspapiere der Wirtschaftswissenschaftlichen Fakultät der Universität Hannover dp-329, Universität Hannover, Wirtschaftswissenschaftliche Fakultät. [Downloadable!]
    15. Wen, Yi, 2004. "General Equilibrium Analysis of the Supply of Capital," Working Papers 04-02, Cornell University, Center for Analytic Economics. [Downloadable!]
    16. Ricardo J. Caballero & Eduardo M.R.A. Engel, 2007. "Price Stickiness in Ss Models: New Interpretations of Old Results," Working Papers 952, Economic Growth Center, Yale University. [Downloadable!]
      Other versions:
    17. Alan E. H. Speight & Piers Thompson, 2006. "Is investment time irreversible? Some empirical evidence for disaggregated UK manufacturing data," Applied Economics, Taylor and Francis Journals, vol. 38(19), pages 2265-2275, October. [Downloadable!] (restricted)
    18. Bonomo, Marco Antônio Cesar, 2000. "Are One-Sided S,s Rules Useful Proxies For Optimal Pricing Rules?," Economics Working Papers (Ensaios Economicos da EPGE) 369, Graduate School of Economics, Getulio Vargas Foundation (Brazil). [Downloadable!]
    19. Aubhik Khan & Julia K. Thomas, 2004. "Inventories and the business cycle: an equilibrium analysis of (S,s) policies," Working Papers 04-11, Federal Reserve Bank of Philadelphia. [Downloadable!]
      Other versions:
    20. Besanko, David & Doraszelski, Ulrich & Lu, Lauren Xiaoyuan & Satterthwaite, Mark, 2008. "Lumpy Capacity Investment and Disinvestment Dynamics," CEPR Discussion Papers 6788, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    21. Michael Woodford, 2008. "Information-Constrained State-Dependent Pricing," Discussion Papers 0809-12, Columbia University, Department of Economics. [Downloadable!]
    22. Ulf von Kalckreuth, 2003. "Exploring the role of uncertainty for corporate investment decisions in Germany," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 139(II), pages 173-206, June. [Downloadable!]
      Other versions:
    23. Assaf Razin & Yona Rubinstein & Efraim Sadka, 2004. "Fixed Costs and FDI: The Conflicting Effects of Productivity Shocks," NBER Working Papers 10864, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    24. Aubhik Khan & Julia K. Thomas, 2000. "Nonconvex factor adjustments in equilibrium business cycle models: do nonlinearities matter?," Working Papers 00-10, Federal Reserve Bank of Philadelphia. [Downloadable!]
      Other versions:
    25. Paola Caselli & Patrizio Pagano & Fabiano Schivardi, 2003. "Uncertainty and the slowdown of capital accumulation in Europe," Applied Economics, Taylor and Francis Journals, vol. 35(1), pages 79-89, January. [Downloadable!] (restricted)
    26. Kalckreuth, Ulf von, 2008. "Panel estimation of state dependent adjustment when the target is unobserved," Discussion Paper Series 1: Economic Studies 2008,09, Deutsche Bundesbank, Research Centre. [Downloadable!]
    27. Rolf Golombek and Arvid Raknerud, 2005. "Exit Dynamics with Adjustment Costs," Discussion Papers 442, Research Department of Statistics Norway. [Downloadable!]
    28. Nick Bloom & John Van Reenen & Stephen Bond, 2006. "Uncertainty and Investment Dynamics," NBER Working Papers 12383, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    29. Robert G. King & Julia K. Thomas, 2003. "Partial Adjustment without Apology," NBER Working Papers 9946, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    30. Murray Carlson & Zeigham Khokher & Sheridan Titman, 2006. "Equilibrium Exhaustible Resource Price Dynamics," NBER Working Papers 12000, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    31. Assaf Razin & Yona Rubinstein & Efraim Sadka, 2003. "Which Countries Export FDI, and How Much?," NBER Working Papers 10145, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    32. Assaf Razin & Efraim Sadka & Tarek Coury, 2002. "Trade Openness and Investment Instability," NBER Working Papers 8827, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    33. Raphael Bergoeing & Facundo Piguillem, 2004. "Innovations in productivity and plant dynamics," Documentos de Trabajo 184, Centro de Economía Aplicada, Universidad de Chile. [Downloadable!]
    34. Christopher L. House, 2008. "Fixed Costs and Long-Lived Investments," NBER Working Papers 14402, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    35. Ricardo J. Caballero, 1997. "Aggregate Investment," NBER Working Papers 6264, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    36. Robert E. Hall, 2002. "Industry Dynamics with Adjustment Costs," NBER Working Papers 8849, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    37. Raphael Bergoeing & Norman Loayzaw & Andrea Repetto, 2004. "Slow Recoveries," NBER Working Papers 10584, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    38. Amil Petrin & Jagadeesh Sivadasan, 2006. "Job Security Does Affect Economic Efficiency: Theory, A New Statistic, and Evidence from Chile," NBER Working Papers 12757, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    39. Marcelo L. Veracierto, 2002. "Plant-Level Irreversible Investment and Equilibrium Business Cycles," American Economic Review, American Economic Association, vol. 92(1), pages 181-197, March. [Downloadable!]
      Other versions:
    40. Valerie Herzberg & George Kapetanios & Simon Price, . "Import prices and exchange rate pass-through: theory and evidence from the United Kingdom," Bank of England working papers 182, Bank of England. [Downloadable!]
    41. James Costain & Antón Nákov, 2009. "Dynamics of the price distribution in a general model of state-dependent pricing," Banco de España Working Papers 0831, Banco de España. [Downloadable!]
    42. Daniel Wilson, 2004. "Investment Behavior of U.S. Firms Over Heterogenous Capital Goods: A Snapshot," Working Papers 04-19, Center for Economic Studies, U.S. Census Bureau. [Downloadable!]
      Other versions:
    43. Jonathan N. Millar, 2005. "Gestation lags for capital, cash flows, and Tobin's Q," Finance and Economics Discussion Series 2005-24, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
    44. James Costain & Antón Nákov, 2008. "Price adjustments in a general model of state-dependent pricing," Banco de España Working Papers 0824, Banco de España. [Downloadable!]
    45. Virgiliu Midrigan, 2007. "Menu Costs, Multi-Product Firms, and Aggregate Fluctuations," CFS Working Paper Series 2007/13, Center for Financial Studies. [Downloadable!]
      Other versions:
    46. Admasu Shiferaw, 2006. "Capital adjustment patterns and uncertainty in African manufacturing," Working Papers - General Series 435, Institute of Social Studies. [Downloadable!]
    47. Jerome Adda & Russell Cooper, 1997. "Balladurette and Juppette: A Discrete Analysis of Scrapping Subsidies," NBER Working Papers 6048, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    48. Schaller, Huntley, 2006. "Econometric Issues in Estimating User Cost Elasticity," Economics Series 194, Institute for Advanced Studies. [Downloadable!]
    49. Assaf Razin & Efraim Sadka, 2006. "Vying for Foreign Direct Investment: A EU-type Model of Tax Competition," NBER Working Papers 11991, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    50. Harald Oberhofer, 2009. "Firm growth, European industry dynamics and domestic business cycles," Working Papers 2009-18, Faculty of Economics and Statistics, University of Innsbruck. [Downloadable!]
    51. Tommy Sveen & Lutz Weinke, 2005. "Is lumpy investment really irrelevant for the business cycle?," Working Paper 2005/6, Norges Bank. [Downloadable!]
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    52. Paolo M. Panteghini, 2008. "Corporate Debt, Hybrid Securities and the Effective Tax Rate," Working Papers 0804, University of Brescia, Department of Economics. [Downloadable!]
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    53. Ruediger Bachmann & Ricardo J. Caballero & Eduardo Engel, 2008. "Aggregate Implications of Lumpy Investment: New Evidence and a DSGE Model," Cowles Foundation Discussion Papers 1566R, Cowles Foundation, Yale University. [Downloadable!]
      Other versions:
    54. Richards, Timothy & Patterson, Paul M., 2002. "Causes Of Retail Price Fixity: An Empirical Analysis," 2002 Annual meeting, July 28-31, Long Beach, CA 19841, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
    55. Aubhik Khan & Julia Thomas, 2004. "Idiosyncratic shocks and the role of nonconvexities in plant and aggregate investment dynamics," Staff Report 352, Federal Reserve Bank of Minneapolis. [Downloadable!]
      Other versions:
    56. Leif Danziger, 2003. "The New Investment Theory and Aggregate Dynamics," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 6(4), pages 907-940, October. [Downloadable!] (restricted)
    57. Christian Bayer, 2004. "On the Interaction of Financial Frictions and Fixed Capital Adjustment Costs: Evidence from a Panel of German Firms," Macroeconomics 0410006, EconWPA. [Downloadable!]
      Other versions:
    58. Assaf Razin & Efraim Sadka & Tarek Coury, 2002. "Trade Openness, Investment Instability and Terms-of-Trade Volatility," NBER Working Papers 9332, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    59. Joao F. Gomes, 2001. "Financing Investment," American Economic Review, American Economic Association, vol. 91(5), pages 1263-1285, December. [Downloadable!] (restricted)
    60. Christian Bayer, 2001. "Aggregate investment dynamics when firms face fixed investment cost and capital market imperfections," Discussion Papers in Economics 01_13, University of Dortmund, Department of Economics. [Downloadable!]
      Other versions:
    61. Arvid Raknerud, . "A State Space Approach for Estimating VAR Models for Panel Data with Latent Dynamic Components," Discussion Papers 295, Research Department of Statistics Norway. [Downloadable!]
    62. Orazio P. Attanasio, 1995. "Consumer Durables and Inertial Behavior: Estimation and Aggregation of (S,s) Rules," NBER Working Papers 5282, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    63. X. Henry Wang & Carmen F. Menezes, 2004. "Increasing Outer Risk," Working Papers 0413, Department of Economics, University of Missouri, revised 23 Dec 2004. [Downloadable!]
    64. Ruediger Bachmann & Ricardo J. Caballero & Eduardo Engel, 2006. "Lumpy Investment in Dynamic General Equilibrium," Cowles Foundation Discussion Papers 1566, Cowles Foundation, Yale University. [Downloadable!]
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    65. John Bailey Jones & Duc T. Le, 2002. "Optimal Investment with Lumpy Costs," Discussion Papers 02-02, University at Albany, SUNY, Department of Economics. [Downloadable!]
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    66. Assaf Razin & Yona Rubinstein & Efraim Sadka, 2005. "Corporate Taxation and Bilateral FDI with Threshold Barriers," NBER Working Papers 11196, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    67. Nicholas Bloom, 2007. "The Impact of Uncertainty Shocks," NBER Working Papers 13385, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    68. Michael Dotsey & Robert G. King, 2005. "Implications of State Dependent-Pricing for Dynamic Macroeconomic Models," Boston University - Department of Economics - Macroeconomics Working Papers Series WP2005-002, Boston University - Department of Economics. [Downloadable!]
      Other versions:
    69. Julia K. Thomas, 2002. "Is lumpy investment relevant for the business cycle?," Staff Report 302, Federal Reserve Bank of Minneapolis. [Downloadable!]
      Other versions:
    70. Wen, Yi, 2003. "Understanding the Inventory Cycle: I. Partial Equilibrium Analysis," Working Papers 03-08, Cornell University, Center for Analytic Economics. [Downloadable!]
    71. Allan Collard-Wexler, 2006. "Plant Turnover and Demand Fluctuations in the Ready-Mix Concrete Industry," Working Papers 06-08, Center for Economic Studies, U.S. Census Bureau. [Downloadable!]
    72. Ornella Tarola, 2006. "Monopoly Pricing over Time and the Timing of Investments," The B.E. Journal of Theoretical Economics, Berkeley Electronic Press, vol. 0(1). [Downloadable!]
    73. Fernández-Villaverde, Jesús, 2009. "The Econometrics of DSGE Models," CEPR Discussion Papers 7157, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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    74. D'Erasmo, Pablo, 2006. "Investment and firm dynamics," MPRA Paper 3598, University Library of Munich, Germany, revised 12 Jul 2007. [Downloadable!]
    75. Marcel Gérard & Frédéric Verscueren, 2002. "Finance, uncertainty and investment: assessing the gains and losses of a generalized non linear structural approach using Belgian panel data," Research series 200205-7, National Bank of Belgium. [Downloadable!]
    76. Francois Gourio, 2007. "Disasters and Recoveries: A Note on the Barro-Rietz Explanation of the Equity Premium Puzzle," Boston University - Department of Economics - Working Papers Series WP2007-007, Boston University - Department of Economics. [Downloadable!]
    77. Yi Wen, 2005. "Production and inventory behavior of capital," Working Papers 2005-044, Federal Reserve Bank of St. Louis. [Downloadable!]
    78. Dmitriy Stolyarov & Ennio Stacchetti, 2004. "Obsolescence of Durable Goods and Optimal Consumption," Econometric Society 2004 Latin American Meetings 312, Econometric Society. [Downloadable!]
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    79. Fougere, Denis & Gautier, Erwan & Le Bihan, Herve, 2008. "Restaurant Prices And The Minimum Wage," Working Papers 44084, American Association of Wine Economists. [Downloadable!]
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    80. Robert G. King & Sergio T. Rebelo, 2000. "Resuscitating Real Business Cycles," NBER Working Papers 7534, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    81. Bartholomew Moore & Huntley Schaller, 2001. "Persistent and Transitory Shocks, Learning, and Investment Dynamics," Carleton Economic Papers 01-02, Carleton University, Department of Economics. [Downloadable!]
      Other versions:
    82. Thomas Philippon & Yuliy Sannikov, 2007. "Real Options in a Dynamic Agency Model, with Applications to Financial Development, IPOs, and Business Risk," NBER Working Papers 13584, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    83. Ingrid Ott & Susanne Soretz, 2006. "Regional growth strategies: fiscal versus institutional governmental policies," Working Paper Series in Economics 30, University of Lüneburg, Institute of Economics. [Downloadable!]
    84. Oivind Anti Nilsen & Fabio Schiantarelli, 1996. "Zeroes and Lumps in Investment: Empirical Evidence on Irreversibilities and Non-Convexities," Boston College Working Papers in Economics 337., Boston College Department of Economics, revised 01 Nov 2000. [Downloadable!]
      Other versions:
    85. Matteo Bugamelli & Patrizio Pagano, 2004. "Barriers to investment in ICT," Applied Economics, Taylor and Francis Journals, vol. 36(20), pages 2275-2286, November. [Downloadable!] (restricted)
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    86. Vincent Hogan & Ian Walker, 2006. "Education Choice under Uncertainty - Implications for Public Policy," Working Papers 200615, School Of Economics, University College Dublin. [Downloadable!]
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    87. Miao, Jianjun & Wang, Pengfei, 2009. "Does Lumy Investment Matter for Business Cycles?," MPRA Paper 14977, University Library of Munich, Germany. [Downloadable!]
    88. Richard Holt, 2004. "Two Cheers for the Aggregated (S, s) Model!," ESE Discussion Papers 56, Edinburgh School of Economics, University of Edinburgh. [Downloadable!]
    89. Saul Lach & Daniel Tsiddon, 2007. "Small price changes and menu costs," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 28(7), pages 649-656. [Downloadable!]
    90. Carlos Felipe Jaramillo & Daniel Cerquera, . "Price Behavior in an Inflationary Environment: Evidence from Supermarket Data," Borradores de Economia 138, Banco de la Republica de Colombia. [Downloadable!]
    91. Christian Bayer, 2004. "A closer look at the gap. A comment on Cooper and Willis' 'mind the gap' paper," Macroeconomics 0408010, EconWPA. [Downloadable!]
    92. Raphael Bergoeing & Facundo Piguillem, 2003. "Innovaciones en productividad y dinámica de plantas," Revista de Analisis Economico – Economic Analysis Review, Ilades-Georgetown University, Economics Department, vol. 18(2), pages 3-32, December. [Downloadable!]
    93. M. Eslava, J. Haltwanger, A. Kugler, M. Kugler, 2008. "Factor Adjustments After Deregulation: Panel Evidence from Colombian Plants," Working Papers eg0059, Wilfrid Laurier University, Department of Economics, revised 2008. [Downloadable!]
      Other versions:

  38. Ricardo J. Caballero & Eduardo M.R.A. Engel, 1992. "Price Rigidities, Asymmetries, and Output Fluctuations," NBER Working Papers 4091, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)

    Cited by:

    1. Ricardo J. Caballero & Eduardo M.R.A. Engel, 1992. "Microeconomic Rigidities and Aggregate Price Dynamics," NBER Working Papers 4162, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    2. S. Fabiani & M. Druant & I. Hernando & C. Kwapil & B. Landau & C. Loupias & F. Martins & T. Mathä & R. Sabbatini & H. Stahl & A. Stokman, 2005. "The pricing behaviour of firms in the euro area : new survey evidence," Research series 200511-1, National Bank of Belgium. [Downloadable!]
      Other versions:
    3. Bonomo, Marco Antônio Cesar, 2000. "Are One-Sided S,s Rules Useful Proxies For Optimal Pricing Rules?," Economics Working Papers (Ensaios Economicos da EPGE) 369, Graduate School of Economics, Getulio Vargas Foundation (Brazil). [Downloadable!]
    4. Julio J. Rotemberg, 1994. "Prices, Output and Hours: An Empirical Analysis Based on a Sticky Price Model," NBER Working Papers 4948, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    5. Saki Bigio & Jorge Salas, 2006. "Non-Linear Effects of Monetary Policy and Real Exchange Rate Shocks in Partially Dollarized Economies: An Empirical Study for Peru," Working Papers 2006-008, Banco Central de Reserva del Perú. [Downloadable!]
    6. Carlos Borondo, 1994. "La rigidez nominal de los precios de la Nueva Economía Keynesiana: una panorámica," Investigaciones Economicas, Fundación SEPI, vol. 18(2), pages 245-288, May. [Downloadable!]
    7. Ramon Maria-Dolores, . "Asymmetries in the Cyclical Effects of Monetary Policy on Output: Some European Evidence," Working Papers on International Economics and Finance 02-04, FEDEA. [Downloadable!]
    8. Christian Bayer, 2001. "Aggregate investment dynamics when firms face fixed investment cost and capital market imperfections," Discussion Papers in Economics 01_13, University of Dortmund, Department of Economics. [Downloadable!]
      Other versions:
    9. Annette Detken, 2002. "Nonlinearities in Swiss macroeconomic data," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 138(I), pages 39-60, March. [Downloadable!]
    10. René Garcia & Huntley Schaller, 1999. "Are the Effects of Monetary Policy Asymmetric?," Carleton Economic Papers 99-17, Carleton University, Department of Economics. [Downloadable!]
      Other versions:
    11. Fabiani, Silvia & Druant, Martine & Hernando, Ignacio & Kwapil, Claudia & Landau, Bettina & Loupias, Claire & Martins, Fernando & Matha, Thomas & Sabbatini, Roberto & Stahl, Harald & Stokman, Ad, 2006. "What Firms' Surveys Tell Us about Price-Setting Behavior in the Euro Area," MPRA Paper 808, University Library of Munich, Germany. [Downloadable!]
      Other versions:
    12. Christian Melzer & Thorsten Neumann, 2005. "Changing Effects of Monetary Policy in the U.S. –Evidence from a Time-Varying Coefficient VAR," Computing in Economics and Finance 2005 144, Society for Computational Economics. [Downloadable!]
    13. Wooheon Rhee, 1995. "Asymmetric Effects Of Money On Inflation: Evidence From Korean Data," International Economic Journal, Korean International Economic Association, vol. 9(4), pages 31-43, December. [Downloadable!] (restricted)
    14. Juan J. Dolado & Ramón María-Dolores, 2001. "An empirical study of the cyclical effects of monetary policy in Spain (1977-1997)," Investigaciones Economicas, Fundación SEPI, vol. 25(1), pages 3-30, January. [Downloadable!]
      Other versions:
    15. Michael T. Kiley, 1996. "Endogenous price stickiness and business cycle persistence," Finance and Economics Discussion Series 96-23, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
      Other versions:

  39. Ricardo J. Caballero & Eduardo M.R.A. Engel, 1992. "Microeconomic Adjustment Hazards and Aggregate Dynamics," NBER Working Papers 4090, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Published as:

    Cited by:

    1. Ricardo J. Caballero & Eduardo M.R.A. Engel, 1992. "Microeconomic Rigidities and Aggregate Price Dynamics," NBER Working Papers 4162, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    2. Ricardo J. Caballero & Kevin N. Cowan & Eduardo M.R.A. Engel & Alejandro Micco, 2004. "Effective Labor Regulation and Microeconomic Flexibility," Cowles Foundation Discussion Papers 1480, Cowles Foundation, Yale University, revised Oct 2006. [Downloadable!]
      Other versions:
    3. Omar Licandro & Antonio R. Sampayo, 2005. "The effects of replacement schemes on car sales: the Spanish case," Economics Working Papers ECO2005/20, European University Institute. [Downloadable!]
      Other versions:
    4. Michael Woodford, 2008. "Information-Constrained State-Dependent Pricing," NBER Working Papers 14620, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    5. Robert F. Martin, 2003. "Consumption, durable goods, and transaction costs," International Finance Discussion Papers 756, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
    6. Russell Cooper & Jonathan L. Willis, 2004. "A Comment on the Economics of Labor Adjustment: Mind the Gap: Rejoinder," American Economic Review, American Economic Association, vol. 94(4), pages 1245-1247, September. [Downloadable!]
    7. Ricardo J. Caballero & Eduardo M.R.A. Engel, 2007. "Price Stickiness in Ss Models: New Interpretations of Old Results," Working Papers 952, Economic Growth Center, Yale University. [Downloadable!]
      Other versions:
    8. Fang Yao, 2008. "Lumpy Labor Adjustment as a Propagation Mechanism of Business Cycles," SFB 649 Discussion Papers SFB649DP2008-022, Sonderforschungsbereich 649, Humboldt University, Berlin, Germany. [Downloadable!]
      Other versions:
    9. Fransisco M. Ganzalez & Alok Johri, 2002. "Asymmetric Labor Adjustment, Organizational Capital and Aggregate Job Flows," Department of Economics Working Papers 2002-03, McMaster University. [Downloadable!]
    10. Russell Cooper & Jonathan Willis, 2002. "The cost of labor adjustment : inferences from the gap," Research Working Paper RWP 02-11, Federal Reserve Bank of Kansas City. [Downloadable!]
      Other versions:
    11. Michael Woodford, 2008. "Information-Constrained State-Dependent Pricing," Discussion Papers 0809-12, Columbia University, Department of Economics. [Downloadable!]
    12. Michael W. Klein & Scott Schuh & Robert K. Triest, 2000. "Job Creation, Job Destruction, and the Real Exchange Rate," NBER Working Papers 7466, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    13. Kala Krishna & Marie Thursby, 1994. "Structural Flexibility: A Partial Ordering," NBER Working Papers 4615, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    14. Ricardo J. Caballero & Eduardo M.R.A. Engel, 1992. "Price Rigidities, Asymmetries, and Output Fluctuations," NBER Working Papers 4091, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    15. S. Bertarelli, 1999. "Nominal Rigidities in a Mail Order Company: Estimation of the Probability of Price Adjustment," Working Papers 349, Dipartimento Scienze Economiche, Universita' di Bologna. [Downloadable!]
    16. Nathan Musick, 1998. "Heroic Plants: Persistently Rapid Job Creators in the Longitudinal Research Database - Their Distinguishing Characteristics and Contribution to Employment Growth," Industrial Organization 9811001, EconWPA. [Downloadable!]
    17. Andersson, Fredrik, 1999. "Job flows in Swedish manufacturing 1972-1996," Working Paper Series 1999:4, IFAU - Institute for Labour Market Policy Evaluation. [Downloadable!]
    18. Marcela Eslava & John Haltiwanger & Adriana Kugler & Maurice Kugler, 2005. "Factor Adjustments after Deregulation: Panel Evidence from Colombian Plants," IZA Discussion Papers 1751, Institute for the Study of Labor (IZA). [Downloadable!]
      Other versions:
    19. Robert G. King & Julia K. Thomas, 2003. "Partial Adjustment without Apology," NBER Working Papers 9946, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    20. Amil Petrin & Jagadeesh Sivadasan, 2006. "Job Security Does Affect Economic Efficiency: Theory, A New Statistic, and Evidence from Chile," NBER Working Papers 12757, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    21. Higson, C. & Holly, S. & Kattuman, P. & S. Platis, 2001. "The Business Cycle, Macroeconomic Shocks and the Cross Section: The Growth of UK Quoted Companies," Cambridge Working Papers in Economics 0114, Faculty of Economics, University of Cambridge. [Downloadable!]
      Other versions:
    22. Jaap W.B. Bos & P.C. van Santen & P. Schilp, 2009. "Reallocating Profits in Restructuring Industries: Evidence from European and US Banking," Working Papers 09-12, Utrecht School of Economics. [Downloadable!]
    23. Ricardo J. Caballero & Eduardo M.R.A. Engel, 2004. "A Comment on the Economics of Labor Adjustment: Mind the Gap: Reply," American Economic Review, American Economic Association, vol. 94(4), pages 1238-1244, September. [Downloadable!]
    24. Russell Cooper & Jonathan L. Willis, 2001. "The economics of labor adjustment : mind the gap," Research Working Paper RWP 01-06, Federal Reserve Bank of Kansas City. [Downloadable!]
      Other versions:
    25. Carlos Borondo, 1994. "La rigidez nominal de los precios de la Nueva Economía Keynesiana: una panorámica," Investigaciones Economicas, Fundación SEPI, vol. 18(2), pages 245-288, May. [Downloadable!]
    26. Mark E. Doms & Timothy Dunne, 1998. "Capital Adjustment Patterns in Manufacturing Plants," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 1(2), pages 409-429, April. [Downloadable!] (restricted)
      Other versions:
    27. Harald Oberhofer, 2009. "Firm growth, European industry dynamics and domestic business cycles," Working Papers 2009-18, Faculty of Economics and Statistics, University of Innsbruck. [Downloadable!]
    28. Ricardo J. Caballero & Eduardo M.R.A. Engel & Alejandro Micco, 2004. "Microeconomic Flexibility in Latin America," Working Papers 884, Economic Growth Center, Yale University. [Downloadable!]
      Other versions:
    29. Patrick Kline, 2008. "Understanding Sectoral Labor Market Dynamics: An Equilibrium Analysis of the Oil and Gas Field Services Industry," Cowles Foundation Discussion Papers 1645, Cowles Foundation, Yale University. [Downloadable!]
    30. Ruediger Bachmann & Ricardo J. Caballero & Eduardo Engel, 2008. "Aggregate Implications of Lumpy Investment: New Evidence and a DSGE Model," Cowles Foundation Discussion Papers 1566R, Cowles Foundation, Yale University. [Downloadable!]
      Other versions:
    31. Steven J. Davis & John Haltiwanger, 1995. "Measuring Gross Worker and Job Flows," NBER Working Papers 5133, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    32. Orazio P. Attanasio, 1995. "Consumer Durables and Inertial Behavior: Estimation and Aggregation of (S,s) Rules," NBER Working Papers 5282, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    33. Martin Neil Baily & Eric J. Bartelsman & John Haltiwanger, 1996. "Labor Productivity: Structural Change and Cyclical Dynamics," NBER Working Papers 5503, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    34. Ángel Estrada & Ignacio Hernando, 1999. "Microeconomic Price Adjustments and Inflation: Evidence from Spanish Sectoral Data," Banco de España Working Papers 9921, Banco de España. [Downloadable!]
    35. Joao Miguel Ejarque & Oivind Anti Nilsen, 2008. "Identifying Adjustment Costs of Net and Gross Employment Changes," Economics Discussion Papers 660, University of Essex, Department of Economics. [Downloadable!]
      Other versions:
    36. Scott Schuh & Robert K. Triest, 1998. "Job reallocation and the business cycle: new facts for an old debate," Conference Series ; [Proceedings], Federal Reserve Bank of Boston, issue Jun, pages 271-357. [Downloadable!]
    37. Carlos Casacuberta & Néstor Gandelman, 2006. "Protection, Openness and Factor Adjustment: Evidence from the manufacturing sector in Uruguay," Documentos de Trabajo (working papers) 1806, Department of Economics - dECON. [Downloadable!]
    38. Ruediger Bachmann & Ricardo J. Caballero & Eduardo Engel, 2006. "Lumpy Investment in Dynamic General Equilibrium," Cowles Foundation Discussion Papers 1566, Cowles Foundation, Yale University. [Downloadable!]
      Other versions:
    39. Nicholas Bloom, 2007. "The Impact of Uncertainty Shocks," NBER Working Papers 13385, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    40. Jorda, Oscar & Marcellino, Massimiliano, 2003. "Time-Scale Transformations of Discrete-Time Processes," Working Papers 03-2, University of California at Davis, Department of Economics. [Downloadable!]
      Other versions:
    41. Casacuberta, Carlos & Gandelman, Nestor, 2006. "Protection, openness, and factor adjustment : evidence from the manufacturing sector in Uruguay," Policy Research Working Paper Series 3891, The World Bank. [Downloadable!]
    42. Hamermesh, Daniel S. & Hassink, Wolter H.J. & Ours, Jan C. van, 1994. "Job turnover and labor turnover : a taxonomy of employment dynamics," Serie Research Memoranda 0050, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics. [Downloadable!]
    43. Russell Cooper & Jonathan L. Willis, 2009. "Mind the (approximation) gap: a robustness analysis," Research Working Paper RWP 09-02, Federal Reserve Bank of Kansas City. [Downloadable!]
    44. Randal J. Verbrugge, 1998. "Local Complementarities and Aggregate Fluctuations," Macroeconomics 9809016, EconWPA, revised 30 Sep 1998. [Downloadable!]
    45. Scott Schuh & Robert K Triest, 1998. "Job Reallocation And The Business Cycle: New Facts An Old Debate," Working Papers 98-11, Center for Economic Studies, U.S. Census Bureau. [Downloadable!]
    46. Russell Cooper & John Haltiwanger & Jonathan L. Willis, 2007. "Implications of Search Frictions: Matching Aggregate and Establishment-level Observations," NBER Working Papers 13115, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    47. Ricardo J. Caballero & Eduardo M.R.A. Engel, 1998. "Nonlinear Aggregate Investment Dynamics: Theory and Evidence," NBER Working Papers 6420, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    48. Ricardo J. Caballero & Eduardo M.R.A. Engel, 2004. "Three Strikes and You're Out: Reply to Cooper and Willis," Cowles Foundation Discussion Papers 1456, Cowles Foundation, Yale University. [Downloadable!]
      Other versions:
    49. Charles A. Fleischman, 1996. "The endogeneity of employment adjustment costs: the tradeoff between efficiency and flexibility," Finance and Economics Discussion Series 1996-48, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
    50. Russell Cooper & Jonathan L. Willis, 2004. "A Comment on the Economics of Labor Adjustment: Mind the Gap," American Economic Review, American Economic Association, vol. 94(4), pages 1223-1237, September. [Downloadable!]
    51. Stephan Fahr & Fang Yao, 2009. "When does Lumpy Factor Adjustment Matter for Aggregate Dynamics?," Working Paper Series 1016, European Central Bank. [Downloadable!]
    52. Jonathan McCarthy & Egon Zakrajsek, 2000. "Microeconomic inventory adjustment: evidence from U.S. firm-level data," Staff Reports 101, Federal Reserve Bank of New York. [Downloadable!]
      Other versions:
    53. Lucia Foster, 1999. "Employment Adjustment Costs and Establishment Characteristics," Working Papers 99-15, Center for Economic Studies, U.S. Census Bureau. [Downloadable!]
    54. John M. Abowd & Francis Kramarz, 1997. "The Costs of Hiring and Separations," NBER Working Papers 6110, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    55. Zuzana Janko, 2008. "Nominal Wage Contracts, Labor Adjustment Costs and the Business Cycle," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 11(2), pages 434-448, April. [Downloadable!] (restricted)
    56. Kline, Patrick, 2008. "Understanding Sectoral Labor Market Dynamics: An Equilibrium Analysis of the Oil and Gas Field Services Industry," Working Papers 43, Yale University, Department of Economics. [Downloadable!]
    57. Russell Cooper & John Haltiwanger & Laura Power, 1999. "Machine Replacement and the Business Cycle: Lumps and Bumps," American Economic Review, American Economic Association, vol. 89(4), pages 921-946, September. [Downloadable!] (restricted)
      Other versions:
    58. E. Agliardi & R. Andergassen, 2002. "Feedback effects of dynamic hedging strategies in the presence of transaction costs," Working Papers 445, Dipartimento Scienze Economiche, Universita' di Bologna. [Downloadable!]
    59. Ricardo J. Caballero & Eduardo M.R.A. Engel & John Haltiwanger, 1995. "Aggregate Employment Dynamics: Building From Microeconomic Evidence," NBER Working Papers 5042, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    60. Richard Holt, 2004. "Two Cheers for the Aggregated (S, s) Model!," ESE Discussion Papers 56, Edinburgh School of Economics, University of Edinburgh. [Downloadable!]
    61. Lucia Foster, 1999. "On The Sources And Size Of Employment Adjustment Costs," Working Papers 99-7, Center for Economic Studies, U.S. Census Bureau. [Downloadable!]
    62. Scott Schuh, 1996. "Evidence on the link between firm-level and aggregate inventory behavior," Finance and Economics Discussion Series 96-46, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
    63. Mauro Napoletano & Domenico Delli Gatti & Giorgio Fagiolo & Mauro Gallegati, 2005. "Weird Ties? Growth, Cycles and Firm Dynamics in an Agent-Based Model with Financial-Market Imperfections," LEM Papers Series 2005/03, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy. [Downloadable!]
      Other versions:
    64. Christian Bayer, 2004. "A closer look at the gap. A comment on Cooper and Willis' 'mind the gap' paper," Macroeconomics 0408010, EconWPA. [Downloadable!]

  40. Ricardo J. Caballero & Eduardo M.R.A. Engel, 1992. "Microeconomic Rigidities and Aggregate Price Dynamics," NBER Working Papers 4162, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Published as:

    Cited by:

    1. Anthony Landry, 2007. "Pricing-to-market with state-dependent pricing," Working Papers 0706, Federal Reserve Bank of Dallas. [Downloadable!]
    2. S. Fabiani & M. Druant & I. Hernando & C. Kwapil & B. Landau & C. Loupias & F. Martins & T. Mathä & R. Sabbatini & H. Stahl & A. Stokman, 2005. "The pricing behaviour of firms in the euro area : new survey evidence," Research series 200511-1, National Bank of Belgium. [Downloadable!]
      Other versions:
    3. Troy Davig, 2007. "Phillips curve instability and optimal monetary policy," Research Working Paper RWP 07-04, Federal Reserve Bank of Kansas City. [Downloadable!]
    4. Michael Woodford, 2008. "Information-Constrained State-Dependent Pricing," NBER Working Papers 14620, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    5. Ricardo J. Caballero & Eduardo M.R.A. Engel, 2007. "Price Stickiness in Ss Models: New Interpretations of Old Results," Working Papers 952, Economic Growth Center, Yale University. [Downloadable!]
      Other versions:
    6. Dias, D. & Dossche, M. & Gautier, E. & Hernando, I. & Sabbatini , R. & Stahl , H. & Vermeulen, P., 2007. "Macro Price setting in the euro area: Some stylised facts from Individual Producer Price," Documents de Travail 164, Banque de France. [Downloadable!]
    7. Michael Woodford, 2008. "Information-Constrained State-Dependent Pricing," Discussion Papers 0809-12, Columbia University, Department of Economics. [Downloadable!]
    8. Valerie Herzberg & George Kapetanios & Simon Price, . "Import prices and exchange rate pass-through: theory and evidence from the United Kingdom," Bank of England working papers 182, Bank of England. [Downloadable!]
    9. Jaap W.B. Bos & P.C. van Santen & P. Schilp, 2009. "Reallocating Profits in Restructuring Industries: Evidence from European and US Banking," Working Papers 09-12, Utrecht School of Economics. [Downloadable!]
    10. Ramón María-Dolores, 2001. "Asimetrías en los efectos de la política monetaria en España (1977-1996)," Investigaciones Economicas, Fundación SEPI, vol. 25(2), pages 391-415, May. [Downloadable!]
    11. James Costain & Antón Nákov, 2009. "Dynamics of the price distribution in a general model of state-dependent pricing," Banco de España Working Papers 0831, Banco de España. [Downloadable!]
    12. James Costain & Antón Nákov, 2008. "Price adjustments in a general model of state-dependent pricing," Banco de España Working Papers 0824, Banco de España. [Downloadable!]
    13. Ruediger Bachmann & Ricardo J. Caballero & Eduardo Engel, 2008. "Aggregate Implications of Lumpy Investment: New Evidence and a DSGE Model," Cowles Foundation Discussion Papers 1566R, Cowles Foundation, Yale University. [Downloadable!]
      Other versions:
    14. Giovanni Caggiano & Efrem Castelnuovo, 2008. "Long Memory and Non-Linearities in International Inflation," "Marco Fanno" Working Papers 0076, Dipartimento di Scienze Economiche "Marco Fanno". [Downloadable!]
    15. Randal J. Verbrugge, 1998. "A cross-country investigation of macroeconomic asymmetries," Macroeconomics 9809017, EconWPA, revised 30 Sep 1998. [Downloadable!]
    16. Ángel Estrada & Ignacio Hernando, 1999. "Microeconomic Price Adjustments and Inflation: Evidence from Spanish Sectoral Data," Banco de España Working Papers 9921, Banco de España. [Downloadable!]
    17. Anthony Landry, 2005. "The Mundell-Fleming-Dornbusch Model in a New Bottle," Computing in Economics and Finance 2005 455, Society for Computational Economics. [Downloadable!]
    18. Ruediger Bachmann & Ricardo J. Caballero & Eduardo Engel, 2006. "Lumpy Investment in Dynamic General Equilibrium," Cowles Foundation Discussion Papers 1566, Cowles Foundation, Yale University. [Downloadable!]
      Other versions:
    19. Michael Dotsey & Robert G. King, 2005. "Implications of State Dependent-Pricing for Dynamic Macroeconomic Models," Boston University - Department of Economics - Macroeconomics Working Papers Series WP2005-002, Boston University - Department of Economics. [Downloadable!]
      Other versions:
    20. Anthony E. Landry, 2006. "Expectations and exchange rate dynamics: a state-dependent pricing approach," Working Papers 0604, Federal Reserve Bank of Dallas. [Downloadable!]
    21. Vilmunen, Jouko, 1998. "Macroeconomic Effects of Looming Policy Shifts: Non-falsified Expectations and Peso Problems," Research Discussion Papers 13/1998, Bank of Finland. [Downloadable!]
    22. Juan Pablo Medina & David Rappoport & Claudio Soto, 2007. "Dynamics of Price Adjustments: Evidence From Micro Level Data for Chile," Working Papers Central Bank of Chile 432, Central Bank of Chile. [Downloadable!]
      Other versions:
    23. Michael T. Kiley, 1996. "Endogenous price stickiness and business cycle persistence," Finance and Economics Discussion Series 96-23, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
      Other versions:
    24. Peter Flaschel, Reiner Franke, 2000. "An Old-Keynesian Note on Destabilizing Price Flexibility," Review of Political Economy, Taylor and Francis Journals, vol. 12(3), pages 273-283, July. [Downloadable!] (restricted)
    25. Prakash Loungani & Phillip Swagel, 1995. "Supply-side sources of inflation: evidence from OECD countries," International Finance Discussion Papers 515, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]

  41. Ricardo J. Caballero & Eduardo M.R.A. Engel, 1991. "Dynamic (S,s) Economies," NBER Working Papers 3734, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
    Published as:
    • Caballero, Ricardo J & Engel, Eduardo M R A, 1991. "Dynamic (S, s) Economies," Econometrica, Econometric Society, vol. 59(6), pages 1659-86, November. [Downloadable!] (restricted)

    Cited by:

    1. Ricardo J. Caballero & Eduardo M.R.A. Engel, 1992. "Microeconomic Rigidities and Aggregate Price Dynamics," NBER Working Papers 4162, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    2. Nicholas Bloom, 2000. "A Generalised Model of Investment under Uncertainty: Aggregation and Estimation," Econometric Society World Congress 2000 Contributed Papers 1505, Econometric Society. [Downloadable!]
    3. Mark Gertler & John Leahy, 2006. "A Phillips Curve with an Ss Foundation," NBER Working Papers 11971, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    4. Ricardo J. Caballero & Eduardo M.R.A. Engel, 2007. "Price Stickiness in Ss Models: New Interpretations of Old Results," Working Papers 952, Economic Growth Center, Yale University. [Downloadable!]
      Other versions:
    5. Bonomo, Marco Antônio Cesar, 2000. "Are One-Sided S,s Rules Useful Proxies For Optimal Pricing Rules?," Economics Working Papers (Ensaios Economicos da EPGE) 369, Graduate School of Economics, Getulio Vargas Foundation (Brazil). [Downloadable!]
    6. Marco Antonio Bonomo, 1994. "Optimal two-sided and suboptimal one-sided state-dependent pricing rules," Textos para discussão 313, Department of Economics PUC-Rio (Brazil). [Downloadable!]
    7. Reis, Ricardo, 2005. "Inattentive Producers," CEPR Discussion Papers 5393, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
      Other versions:
    8. Aubhik Khan & Julia K. Thomas, 2004. "Inventories and the business cycle: an equilibrium analysis of (S,s) policies," Working Papers 04-11, Federal Reserve Bank of Philadelphia. [Downloadable!]
      Other versions:
    9. Carlos Carvalho, 2005. "Heterogeneity in Price Setting and the Real Effects of Monetary Shocks," Macroeconomics 0509017, EconWPA, revised 12 Sep 2005. [Downloadable!]
    10. George Alessandria & Joe Kaboski & Virgiliu Midrigan, 2007. "Lumpy Trade and Large Devaluations," Working Papers CAS_RN_2007_4, Laboratory for Macroeconomic Analysis. [Downloadable!]
    11. Andrew Caplin & John Leahy, 1999. "Durable Goods Cycles," NBER Working Papers 6987, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    12. Ricardo J. Caballero & Eduardo M.R.A. Engel, 1992. "Price Rigidities, Asymmetries, and Output Fluctuations," NBER Working Papers 4091, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    13. Terry J. Fitzgerald, 1997. "Inventories and the business cycle: an overview," Economic Review, Federal Reserve Bank of Cleveland, issue Q III, pages 11-22. [Downloadable!]
    14. Carlos Viana de Carvalho, 2005. "The Effects of Heterogeneity in Price Setting on Price and Inflation Inertia," Macroeconomics 0504038, EconWPA, revised 06 Sep 2005. [Downloadable!]
      Other versions:
    15. Ricardo J. Caballero & Eduardo M.R.A. Engel, 1991. "Heterogeneity and Output Fluctuations in a Dynamic Menu-Cost Economy," NBER Working Papers 3729, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    16. George Alessandria & Joseph Kaboski & Virgiliu Midrigan, 2008. "Inventories, lumpy trade, and large devaluations," Working Papers 08-3, Federal Reserve Bank of Philadelphia. [Downloadable!]
      Other versions:
    17. Orazio P. Attanasio, 1995. "Consumer Durables and Inertial Behavior: Estimation and Aggregation of (S,s) Rules," NBER Working Papers 5282, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    18. Ángel Estrada & Ignacio Hernando, 1999. "Microeconomic Price Adjustments and Inflation: Evidence from Spanish Sectoral Data," Banco de España Working Papers 9921, Banco de España. [Downloadable!]
    19. David Genesove, 1999. "The Nominal Rigidity of Apartment Rents," NBER Working Papers 7137, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    20. Jeffrey Campbell, 1997. "Measuring and analyzing aggregate fluctuations: the importance of building from microeconomic evidence - commentary," Review, Federal Reserve Bank of St. Louis, issue May, pages 83-86. [Downloadable!]
    21. Raimundo Soto, . "El Tipo de Cambio Real de Equilibrio: Un modelo no lineal de Series de Tiempo," ILADES-Georgetown University Working Papers inv094, Ilades-Georgetown University, School of Economics and Bussines. [Downloadable!]
    22. Mark Zbarack & Mark Bergen & Shantanu Dutta & Daniel Levy & Mark Ritson, 2005. "Beyond the Cost of Price Adjustment: Investments in Pricing Capita," Emory Economics 0518, Department of Economics, Emory University (Atlanta). [Downloadable!]
      Other versions:
    23. Fagiolo G. & Roventini A., 2004. "Animal Spirits, Lumpy Investment, and the Business Cycle," Computing in Economics and Finance 2004 109, Society for Computational Economics. [Downloadable!]
    24. Rose Cunningham, 2004. "Investment, Private Information, and Social Learning: A Case Study of the Semiconductor Industry," Working Papers 04-32, Bank of Canada. [Downloadable!]
    25. Ruediger Bachmann & Ricardo J. Caballero & Eduardo Engel, 2006. "Lumpy Investment in Dynamic General Equilibrium," Cowles Foundation Discussion Papers 1566, Cowles Foundation, Yale University. [Downloadable!]
      Other versions:
    26. Leif Danziger, 1998. "A Dynamic Economy with Costly Price Adjustment," Cahiers de recherche CREFE / CREFE Working Papers 83, CREFE, Université du Québec à Montréal. [Downloadable!]
      Other versions:
    27. Julia K. Thomas, 2002. "Is lumpy investment relevant for the business cycle?," Staff Report 302, Federal Reserve Bank of Minneapolis. [Downloadable!]
      Other versions:
    28. Ornella Tarola, 2006. "Monopoly Pricing over Time and the Timing of Investments," The B.E. Journal of Theoretical Economics, Berkeley Electronic Press, vol. 0(1). [Downloadable!]
    29. Gil Mehrez, 1996. "Output, Employment And Prices In An Economy With Adjustment Costs," Macroeconomics 9610003, EconWPA. [Downloadable!]
    30. Simon Hall & Mark Walsh & Anthony Yates, . "How do UK companies set prices?," Bank of England working papers 67, Bank of England. [Downloadable!]
    31. Marcel Gérard & Frédéric Verscueren, 2002. "Finance, uncertainty and investment: assessing the gains and losses of a generalized non linear structural approach using Belgian panel data," Research series 200205-7, National Bank of Belgium. [Downloadable!]
    32. Russell Cooper & John Haltiwanger & Laura Power, 1995. "Machine Replacement and the Business Cycle: Lumps and Bumps," NBER Working Papers 5260, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    33. Michael Dotsey & Robert G. King & Alexander L. Wolman, 1997. "State-dependent pricing and the dynamics of business cycles," Working Paper 97-02, Federal Reserve Bank of Richmond. [Downloadable!]
    34. Rose Cunningham, 2004. "Investment, Private Information and Social Learning: A Case Study of the Semiconductor Industry," Macroeconomics 0409021, EconWPA. [Downloadable!]
    35. Michael F. Bryan & Stephen G. Cecchetti & Rodney L. Wiggins II, 1997. "Efficient Inflation Estimation," NBER Working Papers 6183, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    36. Ruediger Bachmann & Ricardo J. Caballero & Eduardo M.R.A. Engel, 2006. "Aggregate Implications of Lumpy Investment: New Evidence and a DSGE Model," NBER Working Papers 12336, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    37. Paul Beaudry & Mustafa Caglayan & Fabio Schiantarelli, 2001. "Monetary Instability, the Predictability of Prices, and the Allocation of Investment: An Empirical Investigation Using U.K. Panel Data," American Economic Review, American Economic Association, vol. 91(3), pages 648-662, June. [Downloadable!] (restricted)
      Other versions:
    38. Edward C. Prescott, 2003. "Non-convexities in quantitative general equilibrium studies of business cycles," Staff Report 312, Federal Reserve Bank of Minneapolis. [Downloadable!]
      Other versions:
    39. Raimundo Soto, . "Nonlinearities in the Demand for money: A Neural Network Approach," ILADES-Georgetown University Working Papers inv107, Ilades-Georgetown University, School of Economics and Bussines. [Downloadable!]
    40. Ricardo J. Caballero & Eduardo M.R.A. Engel & John Haltiwanger, 1995. "Aggregate Employment Dynamics: Building From Microeconomic Evidence," NBER Working Papers 5042, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    41. Richard Holt, 2004. "Two Cheers for the Aggregated (S, s) Model!," ESE Discussion Papers 56, Edinburgh School of Economics, University of Edinburgh. [Downloadable!]
    42. Makoto Nirei, 2004. "Lumpy Investment, Sectoral Propagation, and Business Cycles," Computing in Economics and Finance 2004 330, Society for Computational Economics. [Downloadable!]
      Other versions:

  42. Ricardo J. Caballero & Eduardo M.R.A. Engel, 1991. "Heterogeneity and Output Fluctuations in a Dynamic Menu-Cost Economy," NBER Working Papers 3729, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
    Published as:

    Cited by:

    1. Sergio A. Lago Alves & Mirta N. S. Bugarin, 2006. "The Role of Consumer's Risk Aversion on Price Rigidity," Working Papers Series 121, Central Bank of Brazil, Research Department. [Downloadable!]
      Other versions:
    2. Hasan Bakhshi & Tony Yates, . "To trim or not to trim? An application of a trimmmed mean inflation estimator to the United Kingdom," Bank of England working papers 97, Bank of England. [Downloadable!]
    3. Ricardo J. Caballero & Eduardo M.R.A. Engel, 2007. "Price Stickiness in Ss Models: New Interpretations of Old Results," Working Papers 952, Economic Growth Center, Yale University. [Downloadable!]
      Other versions:
    4. Bonomo, Marco Antônio Cesar, 2000. "Are One-Sided S,s Rules Useful Proxies For Optimal Pricing Rules?," Economics Working Papers (Ensaios Economicos da EPGE) 369, Graduate School of Economics, Getulio Vargas Foundation (Brazil). [Downloadable!]
    5. Marco Antonio Bonomo, 1994. "Optimal two-sided and suboptimal one-sided state-dependent pricing rules," Textos para discussão 313, Department of Economics PUC-Rio (Brazil). [Downloadable!]
    6. Carlos Carvalho, 2005. "Heterogeneity in Price Setting and the Real Effects of Monetary Shocks," Macroeconomics 0509017, EconWPA, revised 12 Sep 2005. [Downloadable!]
    7. Ricardo J. Caballero & Eduardo M.R.A. Engel, 1992. "Price Rigidities, Asymmetries, and Output Fluctuations," NBER Working Papers 4091, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    8. Hjalmar Boehm & Michael Funke, 2001. "Does the Nominal Exchange Rate Regime Matter for Investment?," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
      Other versions:
    9. Carlos Borondo, 1994. "La rigidez nominal de los precios de la Nueva Economía Keynesiana: una panorámica," Investigaciones Economicas, Fundación SEPI, vol. 18(2), pages 245-288, May. [Downloadable!]
    10. W.A. Bruinshoofd & B. Candelon, 2004. "Nonlinear monetary policy in europe: fact or myth?," WO Research Memoranda (discontinued) 758, Netherlands Central Bank, Research Department. [Downloadable!]
      Other versions:
    11. Ricardo J. Caballero & Eduardo M.R.A. Engel, 1991. "Heterogeneity and Output Fluctuations in a Dynamic Menu-Cost Economy," NBER Working Papers 3729, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    12. Vladislav Damjanovic & Charles Nolan, 2005. " Aggregate Dynamics with Heterogeneous Agents and State-Dependent Pricing," CDMA Working Paper Series 0505, Centre for Dynamic Macroeconomic Analysis. [Downloadable!]
    13. Alexander L. Wolman, 2000. "The frequency and costs of individual price adjustments," Economic Quarterly, Federal Reserve Bank of Richmond, issue Fall, pages 1-22. [Downloadable!]
      Other versions:
    14. Yu-Fu Chen & Michael Funke, 2009. "Booms, Recessions and Financial Turmoil: A Fresh Look at Investment Decisions under Cyclical Uncertainty," Discussion Papers 225, University of Dundee, Economic Studies. [Downloadable!]
      Other versions:
    15. Claus Thustrup Kreiner, 2002. "Do the New Keynesian Microfoundations Rationalise Stabilisation Policy?," Economic Journal, Royal Economic Society, vol. 112(479), pages 384-401, April. [Downloadable!] (restricted)
    16. Yu-Fu Chen & Michael Funke, 2004. "Cyclical Uncertainty And Physical Investment Decisions," Money Macro and Finance (MMF) Research Group Conference 2004 89, Money Macro and Finance Research Group. [Downloadable!]
    17. Döpke, Jörg & Funke, Michael & Holly, Sean & Weber, Sebastian, 2005. "The cross-sectional dynamics of German business cycles : a bird's eye view," Discussion Paper Series 1: Economic Studies 2005,23, Deutsche Bundesbank, Research Centre. [Downloadable!]
      Other versions:
    18. Peter J. Klenow & Oleksiy Kryvtsov, 2005. "State-Dependent or Time-Dependent Pricing: Does it Matter for Recent U.S. Inflation?," NBER Working Papers 11043, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    19. Edward S. Knotek II & Stephen Terry, 2008. "Alternative methods of solving state-dependent pricing models," Research Working Paper RWP 08-10, Federal Reserve Bank of Kansas City. [Downloadable!]
    20. Carlos Viana de Carvalho, 2004. "The Effects of Heterogeneity in Price Setting on Price and Inflation Inertia," Macroeconomics 0412013, EconWPA, revised 29 Jan 2005. [Downloadable!]
      Other versions:
    21. A. Andrew John & Alexander L. Wolman, 2004. "An inquiry into the existence and uniqueness of equilibrium with state-dependent pricing," Working Paper 04-04, Federal Reserve Bank of Richmond. [Downloadable!]
    22. Jesús Fernández-Villaverde & Juan F Rubio-Ramírez, 2007. "How Structural Are Structural Parameters?," Levine's Bibliography 843644000000000057, UCLA Department of Economics. [Downloadable!]
      Other versions:

  43. Caballero, R.J. & Engel, E.M.R.A., 1989. "The S-S Economy: Aggregation, Speed Of Convergence And Monetary Policy Effectiveness," Discussion Papers 1989_06, Columbia University, Department of Economics.

    Cited by:

    1. Ricardo J. Caballero & Eduardo M.R.A. Engel, 1991. "Heterogeneity and Output Fluctuations in a Dynamic Menu-Cost Economy," NBER Working Papers 3729, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:

Articles

  1. Caballero, Ricardo J. & Engel, Eduardo M.R.A., 2007. "Price stickiness in Ss models: New interpretations of old results," Journal of Monetary Economics, Elsevier, vol. 54(Supplemen), pages 100-121, September. [Downloadable!] (restricted)
    Other versions:

    See citations under working paper version above.

  2. Eduardo Engel & Ronald Fischer & Alexander Galetovic, 2006. "Privatizing Highways in the United States," Review of Industrial Organization, Springer, vol. 29(1), pages 27-53, September. [Downloadable!] (restricted)
    Other versions:

    See citations under working paper version above.

  3. Ricardo J. Caballero & Eduardo M.R.A. Engel, 2004. "A Comment on the Economics of Labor Adjustment: Mind the Gap: Reply," American Economic Review, American Economic Association, vol. 94(4), pages 1238-1244, September. [Downloadable!]

    Cited by:

    1. Nick Bloom, 2006. "The Impact of Uncertainty Shocks: Firm Level Estimation and a 9/11 Simulation," CEP Discussion Papers dp0718, Centre for Economic Performance, LSE. [Downloadable!]
    2. Alok Johri and Marc-André Letendre, 2006. "What do “residuals” from first-order conditions reveal about DGE models?," Department of Economics Working Papers 2006-01, McMaster University. [Downloadable!]
      Other versions:
    3. Christian Bayer, 2004. "On the Interaction of Financial Frictions and Fixed Capital Adjustment Costs: Evidence from a Panel of German Firms," Macroeconomics 0410006, EconWPA. [Downloadable!]
      Other versions:
    4. Muto, Ichiro, 2007. "Estimating a New Keynesian Phillips Curve with a Corrected Measure of Real Marginal Cost: Evidence in Japan," MPRA Paper 4662, University Library of Munich, Germany. [Downloadable!]
      Other versions:

  4. Bustos, Alvaro & Engel, Eduardo M. R. A. & Galetovic, Alexander, 2004. "Could higher taxes increase the long-run demand for capital? Theory and evidence for Chile," Journal of Development Economics, Elsevier, vol. 73(2), pages 675-697, April. [Downloadable!] (restricted)
    Other versions:

    See citations under working paper version above.

  5. Ricardo Caballero G. & Eduardo Engel G. & Alejandro Micco A., 2004. "Microeconomic Flexibility in Latin America," Journal Economía Chilena (The Chilean Economy), Central Bank of Chile, vol. 7(2), pages 5-26, August. [Downloadable!]
    Other versions:

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  6. Eduardo M. R. A. Engel & Ronald D. Fischer & Alexander Galetovic, 2001. "Least-Present-Value-of-Revenue Auctions and Highway Franchising," Journal of Political Economy, University of Chicago Press, vol. 109(5), pages 993-1020, October. [Downloadable!] (restricted)
    Other versions:

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  7. Engel, Eduardo M. R. A. & Galetovic, Alexander & Raddatz, Claudio E., 1999. "Taxes and income distribution in Chile: some unpleasant redistributive arithmetic," Journal of Development Economics, Elsevier, vol. 59(1), pages 155-192, June. [Downloadable!] (restricted)
    Other versions:

    See citations under working paper version above.

  8. Ricardo J. Caballero & Eduardo M. R. A. Engel, 1999. "Explaining Investment Dynamics in U.S. Manufacturing: A Generalized (S,s) Approach," Econometrica, Econometric Society, vol. 67(4), pages 783-826, July.
    Other versions:

    See citations under working paper version above.

  9. Caballero, Ricardo J & Engel, Eduardo M R A & Haltiwanger, John, 1997. "Aggregate Employment Dynamics: Building from Microeconomic Evidence," American Economic Review, American Economic Association, vol. 87(1), pages 115-37, March. [Downloadable!] (restricted)
    Other versions:

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  10. Engel, Eduardo & Fischer, Ronald & Galetovic, Alexander, 1997. "Highway Franchising: Pitfalls and Opportunities," American Economic Review, American Economic Association, vol. 87(2), pages 68-72, May. [Downloadable!] (restricted)
    Other versions:

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  11. Ricardo J. Caballero & Eduardo M. R. A. Engel & John C. Haltiwanger, 1995. "Plant-Level Adjustment and Aggregate Investment Dynamics," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 26(1995-2), pages 1-54. [Downloadable!]

    Cited by:

    1. Nihal Bayraktar & Plutarchos Sakellaris & Philip Vermeulen, 2005. "Real versus financial frictions to capital investment," Working Paper Series 566, European Central Bank. [Downloadable!]
    2. Steve Bond & Måns Söderbom, 2005. "Adjustment costs and the identification of Cobb Douglas production functions," IFS Working Papers W05/04, Institute for Fiscal Studies. [Downloadable!]
      Other versions:
    3. Carlsson, Mikael & Laséen, Stefan, 2002. "Capital Adjustment Patterns in Swedish Manufacturing Firms: What Model Do They Suggest?," Working Paper Series 143, Sveriges Riksbank (Central Bank of Sweden). [Downloadable!]
      Other versions:
    4. Robert H Mcguckin & Bradford J Jensen, 1996. "Firm Performance And Evolution Empirical Regularities In The U.S. Microdata," Working Papers 96-10, Center for Economic Studies, U.S. Census Bureau. [Downloadable!]
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    5. Emmanuel Athanassiou, 2003. "The internal control constraint on compliance," Defence and Peace Economics, Taylor and Francis Journals, vol. 14(6), pages 413-424, December. [Downloadable!] (restricted)
    6. Julian Fennema & Wilko Letterie & Gerard Pfann, 2006. "The Timing of Investment Episodes in the Netherlands," De Economist, Springer, vol. 154(3), pages 373-388, September. [Downloadable!] (restricted)
    7. Rocío Sánchez-Mangas, 2001. "Estimation Of A Dynamic Discrete Choice Model Of Irreversible Investment," Statistics and Econometrics Working Papers ws015628, Universidad Carlos III, Departamento de Estadística y Econometría. [Downloadable!]
    8. Contreras, Juan, 2006. "An Empirical Model of Factor Adjustment Dynamics," MPRA Paper 9797, University Library of Munich, Germany. [Downloadable!]
    9. Ricardo J. Caballero & Eduardo M.R.A. Engel, 2003. "Adjustment Is Much Slower Than You Think," Cowles Foundation Discussion Papers 1430, Cowles Foundation, Yale University. [Downloadable!]
      Other versions:
    10. Alessandra Del Boca & Marzio Galeotti & Paola Rota, 2003. "Non-convexities in the Adjustment of Different Capital Inputs: A Firm-level Investigation," Working Papers 2003.35, Fondazione Eni Enrico Mattei. [Downloadable!]
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    11. Fabiano Rodrigues Bastos, 2007. "Organizational Capital, Learning-by-Doing and Investment Volatility," Economia, ANPEC - Associação Nacional dos Centros de Pósgraduação em Economia [Brazilian Association of Graduate Programs in Economics], vol. 8(3), pages 463–475. [Downloadable!]
    12. Hiroyuki Kasahara, 2003. "Technology Adoption Under Relative Factor Price Uncertainty: The Putty-Clay Investment Model," Working Papers 1014, Queen's University, Department of Economics. [Downloadable!]
      Other versions:
    13. Héctor Felipe Bravo & Jorge Enrique Restrepo, 2002. "Funciones Agregadas de Inversión para la Economía Chilena," Working Papers Central Bank of Chile 158, Central Bank of Chile. [Downloadable!]
    14. Robert S. Chirinko, 2008. "ó: The Long And Short Of It," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
    15. André Kurmann & Nicolas Petrosky-Nadeau, 2007. "Search Frictions in Physical Capital Markets as a Propagation Mechanism," Cahiers de recherche 0712, CIRPEE. [Downloadable!]
      Other versions:
    16. Kenichi Ueda, 2001. "Transitional Growth with Increasing Inequality and Financial Deepening," IMF Working Papers 01/108, International Monetary Fund. [Downloadable!]
    17. Dwyer, Douglas, 1997. "Technology Locks, Creative Destruction, and Non-Convergence in Productivity Levels," Working Papers 97-24, C.V. Starr Center for Applied Economics, New York University. [Downloadable!]
    18. Alan E. H. Speight & Piers Thompson, 2006. "Is investment time irreversible? Some empirical evidence for disaggregated UK manufacturing data," Applied Economics, Taylor and Francis Journals, vol. 38(19), pages 2265-2275, October. [Downloadable!] (restricted)
    19. Valerie A. Ramey & Matthew D. Shapiro, 1998. "Displaced Capital," NBER Working Papers 6775, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    20. Russell Cooper & Joao Ejarque, 2000. "Exhuming Q: Market Power vs. Capital Market Imperfections," Econometric Society World Congress 2000 Contributed Papers 0528, Econometric Society. [Downloadable!]
      Other versions:
    21. Richard Hartman & Michael Hendrickson, 1999. "Optimal Partially Reversible Investment," Discussion Papers in Economics at the University of Washington 0032, Department of Economics at the University of Washington. [Downloadable!]
    22. Carlsson, Mikael, 2004. "Investment and Uncertainty: A Theory-Based Empirical Approach," Working Paper Series 2004:17, Uppsala University, Department of Economics. [Downloadable!]
      Other versions:
    23. Ulf von Kalckreuth, 2003. "Exploring the role of uncertainty for corporate investment decisions in Germany," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 139(II), pages 173-206, June. [Downloadable!]
      Other versions:
    24. Robert Chirinko, 2002. "Corporate Taxation, Capital Formation, and the Substitution Elasticity between Labor and Capital," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
    25. Gordon M Phillips & Vojislav Maksimovic, 1996. "Efficiency of Bankrupt Firms and Industry Conditions: Theory and Evidence," Working Papers 96-12, Center for Economic Studies, U.S. Census Bureau. [Downloadable!]
    26. Aubhik Khan & Julia K. Thomas, 2000. "Nonconvex factor adjustments in equilibrium business cycle models: do nonlinearities matter?," Working Papers 00-10, Federal Reserve Bank of Philadelphia. [Downloadable!]
      Other versions:
    27. Steve Bond & Dietmar Harhoff & John Van Reenen, 1999. "Investment, R&D and financial constraints in Britain and Germany," IFS Working Papers W99/05, Institute for Fiscal Studies. [Downloadable!]
      Other versions:
    28. Russell W. Cooper & John C. Haltiwanger, 2000. "On the Nature of Capital Adjustment Costs," NBER Working Papers 7925, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    29. Danny Leung & Terence Yuen, 2005. "Do Exchange Rates Affect the Capital-Labour Ratio? Panel Evidence from Canadian Manufacturing Industries," Working Papers 05-12, Bank of Canada. [Downloadable!]
    30. Chen, Yu-Fu & Funke, Michael, 2009. "China's new labour contract law: No harm to employment?," BOFIT Discussion Papers 29/2008, Bank of Finland, Institute for Economies in Transition. [Downloadable!]
      Other versions:
    31. Hyunbae Chun & Sung-Bae Mun, 2005. "The Structure of Adjustment Costs in Information Technology Investment," Economics Bulletin, Economics Bulletin, vol. 5(4), pages 1-9. [Downloadable!]
    32. Marcela Eslava & John Haltiwanger & Adriana Kugler & Maurice Kugler, 2005. "Factor Adjustments after Deregulation: Panel Evidence from Colombian Plants," IZA Discussion Papers 1751, Institute for the Study of Labor (IZA). [Downloadable!]
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    33. Klaus Gugler, 2003. "Corporate governance and investment," International Journal of the Economics of Business, Taylor and Francis Journals, vol. 10(3), pages 261-289, November. [Downloadable!] (restricted)
    34. Christopher L. House, 2008. "Fixed Costs and Long-Lived Investments," NBER Working Papers 14402, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    35. Ricardo J. Caballero, 1997. "Aggregate Investment," NBER Working Papers 6264, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    36. Arne Bigsten & Paul Collier & Stefan Dercon & Marcel Fafchamps & Bernard Gauthier & Jan Willem Gunning & Remco Oostendorp & Catherine Pattillo & Måns Söderbom & Francis Teal, 2005. "Adjustment Costs and Irreversibility as Determinants of Investment: Evidence from African Manufacturing," The B.E. Journal of Economic Analysis & Policy, Berkeley Electronic Press, vol. 0(1). [Downloadable!]
    37. Marcelo L. Veracierto, 2002. "Plant-Level Irreversible Investment and Equilibrium Business Cycles," American Economic Review, American Economic Association, vol. 92(1), pages 181-197, March. [Downloadable!]
      Other versions:
    38. Rui Albuquerque & Sergio Rebelo, 1998. "On the Dynamics of Trade Reform," NBER Working Papers 6700, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    39. Geroski, Paul A, 1999. "The Growth of Firms in Theory and in Practice," CEPR Discussion Papers 2092, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    40. Robert S. Chirinko & Steven M. Fazzari & Andrew P. Meyer, 2002. "That Elusive Elasticity: A Long-Panel Approach To Estimating The Price Sensitivity Of Business Capital," 10th International Conference on Panel Data, Berlin, July 5-6, 2002 B3-1, International Conferences on Panel Data. [Downloadable!]
    41. Mark E. Doms & Timothy Dunne, 1998. "Capital Adjustment Patterns in Manufacturing Plants," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 1(2), pages 409-429, April. [Downloadable!] (restricted)
      Other versions:
    42. Daniel Wilson, 2004. "Investment Behavior of U.S. Firms Over Heterogenous Capital Goods: A Snapshot," Working Papers 04-19, Center for Economic Studies, U.S. Census Bureau. [Downloadable!]
      Other versions:
    43. Jonathan N. Millar, 2005. "Gestation lags for capital, cash flows, and Tobin's Q," Finance and Economics Discussion Series 2005-24, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
    44. Admasu Shiferaw, 2006. "Capital adjustment patterns and uncertainty in African manufacturing," Working Papers - General Series 435, Institute of Social Studies. [Downloadable!]
    45. Schaller, Huntley, 2006. "Econometric Issues in Estimating User Cost Elasticity," Economics Series 194, Institute for Advanced Studies. [Downloadable!]
    46. Simon Gilchrist & John C. Williams, 1998. "Putty-Clay and Investment: A Business Cycle Analysis," NBER Working Papers 6812, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    47. George C. Bitros & Elias Flytzanis, 2003. "A Rehabilitation of Economic Replacement Theory," Macroeconomics 0303009, EconWPA. [Downloadable!]
    48. Simon Price & Christoph Schleicher, . "Returns to equity, investment and Q: evidence from the United Kingdom," Bank of England working papers 310, Bank of England. [Downloadable!]
    49. P. Geroski, 1998. "An Applied Econometrician's View of Large Company Performance," Review of Industrial Organization, Springer, vol. 13(3), pages 271-294, June. [Downloadable!] (restricted)
      Other versions:
    50. Aubhik Khan & Julia Thomas, 2004. "Idiosyncratic shocks and the role of nonconvexities in plant and aggregate investment dynamics," Staff Report 352, Federal Reserve Bank of Minneapolis. [Downloadable!]
      Other versions:
    51. Yu-Fu Chen & Michael Funke, 2009. "Booms, Recessions and Financial Turmoil: A Fresh Look at Investment Decisions under Cyclical Uncertainty," Discussion Papers 225, University of Dundee, Economic Studies. [Downloadable!]
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    52. Leif Danziger, 2003. "The New Investment Theory and Aggregate Dynamics," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 6(4), pages 907-940, October. [Downloadable!] (restricted)
    53. Jonathan N. Millar, 2005. "Gestation lags and the relationship between investment and Q in regressions," Finance and Economics Discussion Series 2005-28, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
    54. Christian Bayer, 2004. "On the Interaction of Financial Frictions and Fixed Capital Adjustment Costs: Evidence from a Panel of German Firms," Macroeconomics 0410006, EconWPA. [Downloadable!]
      Other versions:
    55. Simon Price, 2004. "UK investment and the return to equity: Q redux," Money Macro and Finance (MMF) Research Group Conference 2004 87, Money Macro and Finance Research Group. [Downloadable!]
    56. Andrea Caggese, 2004. "Testing financial constraints on firm investment using variable capital," Money Macro and Finance (MMF) Research Group Conference 2003 9, Money Macro and Finance Research Group. [Downloadable!]
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    57. Joao F. Gomes, 2001. "Financing Investment," American Economic Review, American Economic Association, vol. 91(5), pages 1263-1285, December. [Downloadable!] (restricted)
    58. Christian Bayer, 2001. "Aggregate investment dynamics when firms face fixed investment cost and capital market imperfections," Discussion Papers in Economics 01_13, University of Dortmund, Department of Economics. [Downloadable!]
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    59. Joseph J. Doyle, Jr. & Krislert Samphantharak, 2006. "$2.00 Gas! Studying the Effects of a Gas Tax Moratorium," NBER Working Papers 12266, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    60. Yu-Fu Chen & Michael Funke, 2004. "Cyclical Uncertainty And Physical Investment Decisions," Money Macro and Finance (MMF) Research Group Conference 2004 89, Money Macro and Finance Research Group. [Downloadable!]
    61. Arvid Raknerud, . "A State Space Approach for Estimating VAR Models for Panel Data with Latent Dynamic Components," Discussion Papers 295, Research Department of Statistics Norway. [Downloadable!]
    62. Jason G. Cummins & Kevin A. Hassett & Stephen D. Oliner, 1999. "Investment behavior, observable expectations, and internal funds," Finance and Economics Discussion Series 1999-27, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
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    63. Döpke, Jörg & Funke, Michael & Holly, Sean & Weber, Sebastian, 2005. "The cross-sectional dynamics of German business cycles : a bird's eye view," Discussion Paper Series 1: Economic Studies 2005,23, Deutsche Bundesbank, Research Centre. [Downloadable!]
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    64. Scott Schuh & Robert K. Triest, 1998. "Job reallocation and the business cycle: new facts for an old debate," Conference Series ; [Proceedings], Federal Reserve Bank of Boston, issue Jun, pages 271-357. [Downloadable!]
    65. Carlos Casacuberta & Néstor Gandelman, 2006. "Protection, Openness and Factor Adjustment: Evidence from the manufacturing sector in Uruguay," Documentos de Trabajo (working papers) 1806, Department of Economics - dECON. [Downloadable!]
    66. Fagiolo G. & Roventini A., 2004. "Animal Spirits, Lumpy Investment, and the Business Cycle," Computing in Economics and Finance 2004 109, Society for Computational Economics. [Downloadable!]
    67. Randy Becker & John Haltiwanger & Ron Jarmin & Shawn Klimek & Dan Wilson, 2005. "Micro and Macro Data Integration: The Case of Capital," Working Papers 05-02, Center for Economic Studies, U.S. Census Bureau. [Downloadable!]
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    68. Recanatini, Francesca & Wallsten, Scott J. & Lixin Colin Xu, 2000. "Surveying surveys and questioning questions - learning from World Bank experience," Policy Research Working Paper Series 2307, The World Bank. [Downloadable!]
    69. G. Urga & P. A. Geroski & S. Lazarova & C. F. Walters, 2003. "Are differences in firm size transitory or permanent?," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 18(1), pages 47-59. [Downloadable!]
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    70. Judith K. Hellerstein & David Neumark & Kenneth R. Troske, 1997. "Market Forces and Sex Discrimination," NBER Working Papers 6321, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    71. Ruediger Bachmann & Ricardo J. Caballero & Eduardo Engel, 2006. "Lumpy Investment in Dynamic General Equilibrium," Cowles Foundation Discussion Papers 1566, Cowles Foundation, Yale University. [Downloadable!]
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    72. Nicholas Bloom, 2007. "The Impact of Uncertainty Shocks," NBER Working Papers 13385, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    73. Julia K. Thomas, 2002. "Is lumpy investment relevant for the business cycle?," Staff Report 302, Federal Reserve Bank of Minneapolis. [Downloadable!]
      Other versions:
    74. Casacuberta, Carlos & Gandelman, Nestor, 2006. "Protection, openness, and factor adjustment : evidence from the manufacturing sector in Uruguay," Policy Research Working Paper Series 3891, The World Bank. [Downloadable!]
    75. Scott Schuh & Robert K Triest, 1998. "Job Reallocation And The Business Cycle: New Facts An Old Debate," Working Papers 98-11, Center for Economic Studies, U.S. Census Bureau. [Downloadable!]
    76. Andrea Caggese, 2001. "Financing Constraints, Irreversibility, and Investment Dynamics," Economics Working Papers 1008, Department of Economics and Business, Universitat Pompeu Fabra, revised Aug 2006. [Downloadable!]
      Other versions:
    77. Ricardo J. Caballero & Eduardo M.R.A. Engel, 1998. "Nonlinear Aggregate Investment Dynamics: Theory and Evidence," NBER Working Papers 6420, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    78. Sergio Lehmann, 1997. "Investment under Uncertainty and Financial Market Development: A q-Theory Approach," Working Papers Central Bank of Chile 17, Central Bank of Chile. [Downloadable!]
    79. D'Erasmo, Pablo, 2006. "Investment and firm dynamics," MPRA Paper 3598, University Library of Munich, Germany, revised 12 Jul 2007. [Downloadable!]
    80. Francois Gourio, 2007. "Disasters and Recoveries: A Note on the Barro-Rietz Explanation of the Equity Premium Puzzle," Boston University - Department of Economics - Working Papers Series WP2007-007, Boston University - Department of Economics. [Downloadable!]
    81. Timothy Dunne & Kenneth R Troske & John Haltiwanger, 1996. "Technology and Jobs: Secular Changes and Cyclical Dynamics," Working Papers 96-7, Center for Economic Studies, U.S. Census Bureau. [Downloadable!]
      Other versions:
    82. Kevin A. Hassett & R. Glenn Hubbard, 1999. "Are Investment Incentives Blunted by Changes in Prices of Capital Goods?," NBER Working Papers 6676, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    83. Robert Chirinko & Debdulal Mallick, 2007. "The Fisher/Cobb-Douglas Paradox, Factor Shares, and Cointegration," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
    84. Benoit Mojon & Frank Smets & Philip Vermeulen, 2001. "Investment and monetary policy in the Euro area," Working Paper Series 078, European Central Bank. [Downloadable!]
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    85. Bartholomew Moore & Huntley Schaller, 2001. "Persistent and Transitory Shocks, Learning, and Investment Dynamics," Carleton Economic Papers 01-02, Carleton University, Department of Economics. [Downloadable!]
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    86. Odening, Martin & Musshoff, Oliver & Huettel, Silke, 2003. "Empirische Validierung von Realoptionsmodellen," Working Paper Series 18825, Humboldt University Berlin, Institute for Agricultural Economic and Social Sciences. [Downloadable!]
    87. Joseph J. Doyle, Jr. & Krislert Samphantharak, 2005. "$2.00 Gas! Studying the Effects of Gas Tax Moratorium," Working Papers 0517, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research. [Downloadable!]
    88. Ruediger Bachmann & Christian Bayer, 2009. "The Cross-section of Firms over the Business Cycle: New Facts and a DSGE Exploration," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
    89. Ruediger Bachmann & Ricardo J. Caballero & Eduardo M.R.A. Engel, 2006. "Aggregate Implications of Lumpy Investment: New Evidence and a DSGE Model," NBER Working Papers 12336, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    90. Jean-Bernard Chatelain, 2002. "Structural modelling of investment and financial constraints: Where do we stand?," Research series 200205-9, National Bank of Belgium. [Downloadable!]
    91. Stephen Bond & Domenico Lombardi, 2004. "To Buy or Not to Buy? Uncertainty, Irreversibility and Heterogeneous Investment Dynamics in Italian Company Data," IMF Working Papers 04/104, International Monetary Fund. [Downloadable!]
    92. Oivind Anti Nilsen & Fabio Schiantarelli, 1996. "Zeroes and Lumps in Investment: Empirical Evidence on Irreversibilities and Non-Convexities," Boston College Working Papers in Economics 337., Boston College Department of Economics, revised 01 Nov 2000. [Downloadable!]
      Other versions:
    93. Robert Chirinko & Steven M. Fazzari & Andrew P. Meyer, 2004. "That Elusive Elasticity: A Long-Panel Approach to Estimating the Capital-Labor Substitution Elasticity," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
    94. Guido Fioretti, 2002. "A Model of Primary and Secondary Waves in Investment Cycles," Microeconomics 0207014, EconWPA. [Downloadable!]
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    95. Paul Mizen & Philip Vermeulen, 2005. "Corporate investment and cash flow sensitivity - what drives the relationship?," Working Paper Series 485, European Central Bank. [Downloadable!]
    96. Kevin A. Hassett & Gilbert E. Metcalf, 1998. "Investment With Uncertain Tax Policy: Does Random Tax Policy Discourage Investment?," Discussion Papers Series, Department of Economics, Tufts University 9823, Department of Economics, Tufts University. [Downloadable!]
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    97. Raouf Boucekkine & Fernando del Río & Omar Licandro, . "Obsolescence Vs modernization in a Schumpeterian vintage capital model," Working Papers 2000-27, FEDEA. [Downloadable!]
    98. Verick, Sher & Letterie, Wilko & Pfann, Gerard, 2004. "Non-Linearities in the Expansion of Capital Stock," IZA Discussion Papers 1132, Institute for the Study of Labor (IZA). [Downloadable!]
    99. Russell Cooper & John Haltiwanger & Laura Power, 1999. "Machine Replacement and the Business Cycle: Lumps and Bumps," American Economic Review, American Economic Association, vol. 89(4), pages 921-946, September. [Downloadable!] (restricted)
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    100. Miao, Jianjun & Wang, Pengfei, 2009. "Does Lumy Investment Matter for Business Cycles?," MPRA Paper 14977, University Library of Munich, Germany. [Downloadable!]
    101. Austan Goolsbee & David B. Gross, 1997. "Estimating Adjustment Costs with Data on Heterogeneous Capital Goods," NBER Working Papers 6342, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    102. Douglas W Dwyer, 1997. "Productivity Races II: The Issue of Capital Measurement," Working Papers 97-3, Center for Economic Studies, U.S. Census Bureau. [Downloadable!]
    103. Yu-Fu Chen & Michael Funke, 2005. "Non-Wage Labour Costs, Policy Uncertainty and Labour Demand - a Theoretical Assessment," Quantitative Macroeconomics Working Papers 20511, Hamburg University, Department of Economics. [Downloadable!]
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    104. Admasu Shiferaw, 2009. "Which Firms Invest Less Under Uncertainty? Evidence from Ethiopian Manufacturing," Courant Research Centre: Poverty, Equity and Growth - Discussion Papers 2, Courant Research Centre PEG. [Downloadable!]
    105. Richard Holt, 2004. "Two Cheers for the Aggregated (S, s) Model!," ESE Discussion Papers 56, Edinburgh School of Economics, University of Edinburgh. [Downloadable!]
    106. Jaewoo Lee & Kwanho Shin, 2000. "The Role of a Variable Input in the Relationship between Investment and Uncertainty," American Economic Review, American Economic Association, vol. 90(3), pages 667-680, June. [Downloadable!] (restricted)
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    107. Douglas Dwyer, 1998. "Technology Locks, Creative Destruction, and Non-Convergence in Productivity Levels," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 1(2), pages 430-473, April. [Downloadable!] (restricted)
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    108. Andrew B. Abel & Janice C. Eberly, 1997. "The Mix and Scale of Factors with Irreversibility and Fixed Costs of Investment," NBER Working Papers 6148, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    109. Mauro Napoletano & Domenico Delli Gatti & Giorgio Fagiolo & Mauro Gallegati, 2005. "Weird Ties? Growth, Cycles and Firm Dynamics in an Agent-Based Model with Financial-Market Imperfections," LEM Papers Series 2005/03, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy. [Downloadable!]
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    110. Christian Bayer, 2004. "A closer look at the gap. A comment on Cooper and Willis' 'mind the gap' paper," Macroeconomics 0408010, EconWPA. [Downloadable!]
    111. Raj Chetty, 2004. "Interest Rates and Backward-Bending Investment," NBER Working Papers 10354, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)

  12. Caballero, Ricardo J & Engel, Eduardo M R A, 1993. "Heterogeneity and Output Fluctuations in a Dynamic Menu-Cost Economy," Review of Economic Studies, Blackwell Publishing, vol. 60(1), pages 95-119, January. [Downloadable!] (restricted)
    Other versions:

    See citations under working paper version above.

  13. Caballero, Ricardo J. & Engel, Eduardo M. R. A., 1993. "Microeconomic rigidities and aggregate price dynamics," European Economic Review, Elsevier, vol. 37(4), pages 697-711, May. [Downloadable!] (restricted)
    Other versions:

    See citations under working paper version above.

  14. Caballero, Ricardo J & Engel, Eduardo M R A, 1993. "Microeconomic Adjustment Hazards and Aggregate Dynamics," The Quarterly Journal of Economics, MIT Press, vol. 108(2), pages 359-83, May. [Downloadable!] (restricted)
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    See citations under working paper version above.

  15. Caballero, Ricardo J & Engel, Eduardo M R A, 1992. "Beyond the Partial-Adjustment Model," American Economic Review, American Economic Association, vol. 82(2), pages 360-64, May. [Downloadable!] (restricted)

    Cited by:

    1. Ricardo J. Caballero & Eduardo M.R.A. Engel, 1992. "Microeconomic Rigidities and Aggregate Price Dynamics," NBER Working Papers 4162, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    2. Robert G. King & Julia K. Thomas, 2003. "Partial Adjustment without Apology," NBER Working Papers 9946, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    3. Higson, C. & Holly, S. & Kattuman, P. & S. Platis, 2001. "The Business Cycle, Macroeconomic Shocks and the Cross Section: The Growth of UK Quoted Companies," Cambridge Working Papers in Economics 0114, Faculty of Economics, University of Cambridge. [Downloadable!]
      Other versions:
    4. Robert H Mcguckin, 1993. "The Importance of Establishment Data in Economic Research," Working Papers 93-10, Center for Economic Studies, U.S. Census Bureau. [Downloadable!]
    5. Ángel Estrada & Ignacio Hernando, 1999. "Microeconomic Price Adjustments and Inflation: Evidence from Spanish Sectoral Data," Banco de España Working Papers 9921, Banco de España. [Downloadable!]
    6. Randal J. Verbrugge, 1998. "Local Complementarities and Aggregate Fluctuations," Macroeconomics 9809016, EconWPA, revised 30 Sep 1998. [Downloadable!]
    7. Ricardo J. Caballero & Eduardo M.R.A. Engel & John Haltiwanger, 1995. "Aggregate Employment Dynamics: Building From Microeconomic Evidence," NBER Working Papers 5042, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:

  16. Caballero, Ricardo J & Engel, Eduardo M R A, 1991. "Dynamic (S, s) Economies," Econometrica, Econometric Society, vol. 59(6), pages 1659-86, November. [Downloadable!] (restricted)
    Other versions:

    See citations under working paper version above.

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This page was last updated on 2009-12-17.

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