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International Business Cycles: Theory and Evidence Author info | Abstract | Publisher info | Download info | Related research | Statistics David K. Backus
Patrick J. Kehoe
Finn E. Kydland
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Paper provided by New York University, Leonard N. Stern School of Business, Department of Economics in its series Working Papers with number
93-21.
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Date of creation: 1993Date of revision:
Handle: RePEc:ste:nystbu:93-21Contact details of provider: Postal: New York University, Leonard N. Stern School of Business, Department of Economics, 44 West 4th Street, New York, NY 10012-1126 Phone: (212) 998-0860 Fax: (212) 995-4218 Web page: http://w4.stern.nyu.edu/economics/ More information through EDIRC
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Quantitative Macroeconomics and Real Business Cycles (QM&RBC)
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: Edward C. Prescott, 1986.
"Theory ahead of business cycle measurement ,"
Quarterly Review ,
Federal Reserve Bank of Minneapolis, issue Fall, pages 9-22.
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Other versions: Finn, Mary G., 1990.
"On savings and investment dynamics in a small open economy ,"
Journal of International Economics ,
Elsevier, vol. 29(1-2), pages 1-21, August.
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Costello, Donna M, 1993.
"A Cross-Country, Cross-Industry Comparison of Productivity Growth ,"
Journal of Political Economy ,
University of Chicago Press, vol. 101(2), pages 207-22, April.
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Devereux, Michael B. & Gregory, Allan W. & Smith, Gregor W., 1992.
"Realistic cross-country consumption correlations in a two-country, equilibrium, business cycle model ,"
Journal of International Money and Finance ,
Elsevier, vol. 11(1), pages 3-16, February.
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Other versions: Costello, D.M. & Praschnik, J., 1993.
"Intermediate Goods and the Transmission of International Business Cycles ,"
UWO Department of Economics Working Papers
9305, University of Western Ontario, Department of Economics.
Kollmann, R., 1992.
"Consumption, Real Exchange Rates and the Structure of International Asset Markets ,"
Cahiers de recherche
9232, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
Other versions:
Kollmann, R., 1992.
"Consumption, Real Exchange Rates and the Structure of International Asset Markets ,"
Cahiers de recherche
9232, Universite de Montreal, Departement de sciences economiques.
Kollmann, Robert, 1995.
"Consumption, real exchange rates and the structure of international asset markets ,"
Journal of International Money and Finance ,
Elsevier, vol. 14(2), pages 191-211, April.
[Downloadable!] (restricted) Reuven Glick & Kenneth Rogoff, 1992.
"Global Versus Country-Specific Productivity Shocks and the Current Account ,"
NBER Working Papers
4140, National Bureau of Economic Research, Inc.
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Other versions:
Reuven Glick & Kenneth Rogoff, 1992.
"Global versus country-specific productivity shocks and the current account ,"
Working Papers in Applied Economic Theory
92-06, Federal Reserve Bank of San Francisco.
Reuven Glick & Kenneth Rogoff, 1993.
"Global Versus Country-Specific Productivity Shocks and the Current Acocount ,"
Boston University - Institute for Economic Development
31, Boston University, Institute for Economic Development.
Reuven Glick & Kenneth Rogoff, 1993.
"Global versus country-specific productivity shocks and the current account ,"
International Finance Discussion Papers
443, Board of Governors of the Federal Reserve System (U.S.).
Glick, Reuven & Rogoff, Kenneth, 1995.
"Global versus country-specific productivity shocks and the current account ,"
Journal of Monetary Economics ,
Elsevier, vol. 35(1), pages 159-192, February.
[Downloadable!] (restricted) Mendoza, Enrique G, 1991.
"Real Business Cycles in a Small Open Economy ,"
American Economic Review ,
American Economic Association, vol. 81(4), pages 797-818, September.
[Downloadable!] (restricted)
Backus, David K & Kehoe, Patrick J & Kydland, Finn E, 1994.
"Dynamics of the Trade Balance and the Terms of Trade: The J-Curve? ,"
American Economic Review ,
American Economic Association, vol. 84(1), pages 84-103, March.
[Downloadable!] (restricted)
Other versions:
David K. Backus & Patrick J. Kehoe & Finn E. Kydland, 1992.
"Dynamics of the trade balance and the terms of trade: the S-curve ,"
Working Paper
9211, Federal Reserve Bank of Cleveland.
[Downloadable!] David Backus & Patrick J. Kehoe & Finn E. Kydland, 1992.
"Dynamics of the Trade Balance and the Terms of Trade: The S-Curve ,"
NBER Working Papers
4242, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted) Morten Ravn, .
"GAUSS code for Backus-Kehoe-Kydland ,"
QM&RBC Codes
106, Quantitative Macroeconomics & Real Business Cycles.
[Downloadable!] David Backus & Patrick Kehoe & Finn E. Kydland, 1992.
"Web interface for "Dynamics of the Trade Balance and the Terms of Trade: The J-Curve?" ,"
QM&RBC Codes
5a, Quantitative Macroeconomics & Real Business Cycles.
[Downloadable!] David Backus & Patrick Kehoe & Finn E. Kydland, 1992.
"DOS executable for "Dynamics of the Trade Balance and the Terms of Trade: The J-Curve?" ,"
QM&RBC Codes
5, Quantitative Macroeconomics & Real Business Cycles.
[Downloadable!] Cooley, T.F. & Cho, J.O., 1991.
"The Business Cycle with Nominal Contracts ,"
Papers
90-07, Rochester, Business - General.
Other versions:
Cho, J.O. & Cooley, T.F., 1991.
"The Business Cycle with Nominal Contracts ,"
RCER Working Papers
260, University of Rochester - Center for Economic Research (RCER).
Cho, Jang-Ok & Cooley, Thomas F, 1995.
"The Business Cycle with Nominal Contracts ,"
Economic Theory ,
Springer, vol. 6(1), pages 13-33, June.
Julio J. Rotemberg & Michael Woodford, 1993.
"Dynamic General Equilibrium Models with Imperfectly Competitive Product Markets ,"
NBER Working Papers
4502, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Bruce C. Greenwald & Joseph E. Stiglitz, 1988.
"Examining Alternative Macroeconomic Theories ,"
Brookings Papers on Economic Activity ,
Economic Studies Program, The Brookings Institution, vol. 19(1988-1), pages 207-270.
[Downloadable!]
David K. Backus & Patrick J. Kehoe, 1992.
"International Evidence on the Historical Properties of Business Cycles ,"
Working Papers
92-5, New York University, Leonard N. Stern School of Business, Department of Economics.
Other versions:
David K. Backus & Patrick J. Kehoe, 1991.
"International evidence on the historical properties of business cycles ,"
Staff Report
145, Federal Reserve Bank of Minneapolis.
[Downloadable!] Backus, David K & Kehoe, Patrick J, 1992.
"International Evidence of the Historical Properties of Business Cycles ,"
American Economic Review ,
American Economic Association, vol. 82(4), pages 864-88, September.
[Downloadable!] (restricted) Fiorito, Riccardo & Kollintzas, Tryphon, 1992.
"Stylized Facts of Business Cycles in the G7 from a Real Business Cycles Perspective ,"
CEPR Discussion Papers
681, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted)
Other versions: Canova, Fabio, 1993.
"Sources and Propagation of International Business Cycles: Common Shocks or Transmission? ,"
CEPR Discussion Papers
781, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted)
Stockman, A.C. & Tesar, L.L., 1990.
"Tastes And Technology In A Two-Country Model Of The Business Cycle: Explaining International Comovements ,"
University of California Santa Barbara - Department of Economics
16-90, California Santa Barbara - Department of Economics.
Other versions:
Alan C. Stockman & Linda L. Tesar, 1995.
"Tastes and Technology in a Two-Country Model of the Business Cycle: Explaining International Comovements ,"
NBER Working Papers
3566, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted) Alan C. Stockman & Linda L. Tesar, 1991.
"Tastes and technology in a two-country model of the business cycle: explaining international co-movements ,"
Working Paper
9019, Federal Reserve Bank of Cleveland.
[Downloadable!] Stockman, Alan C & Tesar, Linda L, 1995.
"Tastes and Technology in a Two-Country Model of the Business Cycle: Explaining International Comovements ,"
American Economic Review ,
American Economic Association, vol. 85(1), pages 168-85, March.
[Downloadable!] (restricted) Dellas, Harris, 1986.
"A real model of the world business cycle ,"
Journal of International Money and Finance ,
Elsevier, vol. 5(3), pages 381-394, September.
[Downloadable!] (restricted)
Baxter, M. & Crucini, M., 1991.
"Business Cycles and the Asset Structure of Foreign Trade ,"
RCER Working Papers
316, University of Rochester - Center for Economic Research (RCER).
Other versions:
Marianne Baxter & Mario J. Crucini, 1994.
"Business Cycles and the Asset Structure of Foreign Trade ,"
NBER Working Papers
4975, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted) Marianne Baxter & Mario J. Crucini, 1992.
"Business cycles and the asset structure of foreign trade ,"
Discussion Paper / Institute for Empirical Macroeconomics
59, Federal Reserve Bank of Minneapolis.
[Downloadable!] Baxter, Marianne & Crucini, Mario J, 1995.
"Business Cycles and the Asset Structure of Foreign Trade ,"
International Economic Review ,
Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 36(4), pages 821-54, November.
[Downloadable!] (restricted) David K. Backus & Gregor W. Smith, 1992.
"Consumption and Real Exchange Rates in Dynamic Exchange Economies with Nontraded Goods ,"
Working Papers
92-7, New York University, Leonard N. Stern School of Business, Department of Economics.
Overgaard Ravn, M., 1990.
"The Cross Country Correlation of Consumption in a Two Sector Real Business Cycle Model ,"
Economics Working Papers
1991-28, School of Economics and Management, University of Aarhus.
Giovannini, Alberto, 1988.
"Exchange rates and traded goods prices ,"
Journal of International Economics ,
Elsevier, vol. 24(1-2), pages 45-68, February.
[Downloadable!] (restricted)
Hornstein, Andreas, 1993.
"Monopolistic competition, increasing returns to scale, and the importance of productivity shocks ,"
Journal of Monetary Economics ,
Elsevier, vol. 31(3), pages 299-316, June.
[Downloadable!] (restricted)
Beverly J. Lapham, 1990.
"A Dynamic General Equilibrium Analysis of Deviations from the Laws of One Price ,"
Working Papers
793, Queen's University, Department of Economics.
Other versions: Kydland, Finn E & Prescott, Edward C, 1982.
"Time to Build and Aggregate Fluctuations ,"
Econometrica ,
Econometric Society, vol. 50(6), pages 1345-70, November.
[Downloadable!] (restricted)
Other versions: Baxter, M. & Stockman, A.C., 1988.
"Business Cycles And The Exchange Rate System: Some International Evidence ,"
RCER Working Papers
140, University of Rochester - Center for Economic Research (RCER).
Other versions: King, R.G. & Rebelo, S.T., 1989.
"Low Frequency Filtering And Real Business Cycles ,"
RCER Working Papers
205, University of Rochester - Center for Economic Research (RCER).
Other versions: Macklem, R Tiff, 1993.
"Terms-of-Trade Disturbances and Fiscal Policy in a Small Open Economy ,"
Economic Journal ,
Royal Economic Society, vol. 103(419), pages 916-36, July.
[Downloadable!] (restricted)
Blackburn, K. & Ravn, M.O., 1991.
"Contemporary Macroeconomics Fluctuations : An International Perspective ,"
Economics Working Papers
1991-132, School of Economics and Management, University of Aarhus.
Zimmermann, Christian, 1997.
"International real business cycles among heterogeneous countries ,"
European Economic Review ,
Elsevier, vol. 41(2), pages 319-356, February.
[Downloadable!] (restricted)
Other versions: Pierre Danthine, Jean & Donaldson, John B., 1993.
"Methodological and empirical issues in real business cycle theory ,"
European Economic Review ,
Elsevier, vol. 37(1), pages 1-35, January.
[Downloadable!] (restricted)
Other versions:
Danthine, J.P. & Donaldson, J.B., 1991.
"Methodological and Empirical Issues in Real Business Cycle Theory ,"
Papers
fb-_91-11, Columbia - Graduate School of Business.
Jean-Pierre DANTHINE & John B. DONALDSON, 1991.
"Methodological and Empirical Issues in Real Business Cycle Theory ,"
Cahiers de Recherches Economiques du Département d'Econométrie et d'Economie politique (DEEP)
9102, Université de Lausanne, Faculté des HEC, DEEP.
Baxter, Marianne & Crucini, Mario J, 1993.
"Explaining Saving-Investment Correlations ,"
American Economic Review ,
American Economic Association, vol. 83(3), pages 416-36, June.
[Downloadable!] (restricted)
Other versions: Cardia, Emanuela, 1991.
"The dynamics of a small open economy in response to monetary, fiscal, and productivity shocks ,"
Journal of Monetary Economics ,
Elsevier, vol. 28(3), pages 411-434, December.
[Downloadable!] (restricted)
Kim, Kunhong & Buckle, R A & Hall, V B, 1994.
"Key Features of New Zealand Business Cycles ,"
The Economic Record ,
The Economic Society of Australia, vol. 70(208), pages 56-73, March.
Grilli, Vittorio & Roubini, Nouriel, 1992.
"Liquidity and exchange rates ,"
Journal of International Economics ,
Elsevier, vol. 32(3-4), pages 339-352, May.
[Downloadable!] (restricted)
Dumas, Bernard, 1992.
"Dynamic Equilibrium and the Real Exchange Rate in a Spatially Separated World ,"
Review of Financial Studies ,
Oxford University Press for Society for Financial Studies, vol. 5(2), pages 153-80.
[Downloadable!] (restricted)
Lucas, Robert Jr., 1990.
"Liquidity and interest rates ,"
Journal of Economic Theory ,
Elsevier, vol. 50(2), pages 237-264, April.
[Downloadable!] (restricted)
Canova, Fabio & Dellas, Harris, 1993.
"Trade interdependence and the international business cycle ,"
Journal of International Economics ,
Elsevier, vol. 34(1-2), pages 23-47, February.
[Downloadable!] (restricted)
Burdett, Kenneth & Wright, Randall, 1989.
"Unemployment Insurance and Short-Time Compensation: The Effects on Layoffs, Hours per Worker, and Wages ,"
Journal of Political Economy ,
University of Chicago Press, vol. 97(6), pages 1479-96, December.
[Downloadable!] (restricted)
Kollmann, R., 1993.
"Fiscal Policy, Technology Shcks and the US Trade Balance Deficit ,"
Cahiers de recherche
9313, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
Baxter, M., 1992.
"Financial Market Linkages and the International Transmission of Fiscal Policy ,"
RCER Working Papers
336, University of Rochester - Center for Economic Research (RCER).
Klaus NEUSSER, 1992.
"Dynamics of Total Factor Productivities ,"
Vienna Economics Papers
vie9206, University of Vienna, Department of Economics.
Don E. Schlagenhauf & Jeffry M. Wrase, 1992.
"A monetary, open-economy model with capital mobility ,"
Discussion Paper / Institute for Empirical Macroeconomics
67, Federal Reserve Bank of Minneapolis.
[Downloadable!]
Peter Brandner & Klaus Neusser, 1992.
"Business cycles in open economies: Stylized facts for Austria and Germany ,"
Review of World Economics (Weltwirtschaftliches Archiv) ,
Springer, vol. 127(1), pages 67-87, March.
[Downloadable!] (restricted)
Other versions: Maurice Obstfeld, 1989.
"Fiscal Deficits and Relative Prices in a Growing World Economy ,"
NBER Working Papers
2725, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions: Backus, David K & Kehoe, Patrick J & Kydland, Finn E, 1992.
"International Real Business Cycles ,"
Journal of Political Economy ,
University of Chicago Press, vol. 100(4), pages 745-75, August.
[Downloadable!] (restricted)
Other versions: Ravn, M.O., 1992.
"Business Cycles in the U.K.: A Small Open Economy in the Interdependent World ,"
Economics Working Papers
1992-12, School of Economics and Management, University of Aarhus.
Guo, Jang-Ting & Sturzenegger, Federico, 1998.
"Crazy Explanations of International Business Cycles ,"
International Economic Review ,
Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 39(1), pages 111-33, February.
Boileau, Martin, 1996.
"Growth and the International Transmission of Business Cycles ,"
International Economic Review ,
Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 37(4), pages 737-56, November.
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