Advanced Search
MyIDEAS: Login

Citations for "Macroeconomic Fluctuations and the Allocation of Time"

by Robert E. Hall

For a complete description of this item, click here. For a RSS feed for citations of this item, click here.
as in new window
  1. Emilio Espino & Juan M. Sanchez, 2010. "Risk sharing, investment, and incentives in the neoclassical growth model," Economic Quarterly, Federal Reserve Bank of Richmond, Federal Reserve Bank of Richmond, issue 4Q, pages 399-416.
  2. Chugh, Sanjay K., 2007. "Optimal inflation persistence: Ramsey taxation with capital and habits," Journal of Monetary Economics, Elsevier, Elsevier, vol. 54(6), pages 1809-1836, September.
  3. Gauti B. Eggertsson, 2007. "Was the New Deal Contractionary?," 2007 Meeting Papers, Society for Economic Dynamics 660, Society for Economic Dynamics.
  4. Pablo Burriel & Jesus Fernandez-Villaverde & Juan F. Rubio-Ramirez, 2009. "MEDEA: A DSGE Model for the Spanish Economy," PIER Working Paper Archive 09-017, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
  5. Fève, P. & Matheron, J., 2005. "Can the Kydland--Prescott Model Pass the Cogley--Nason Test?," Working papers, Banque de France 125, Banque de France.
  6. Thomas A. Lubik, 2009. "Estimating a search and matching model of the aggregate labor market," Economic Quarterly, Federal Reserve Bank of Richmond, Federal Reserve Bank of Richmond, issue Spr, pages 101-120.
  7. V. V. Chari & Patrick Kehoe & Ellen McGrattan, 2004. "Business Cycle Accounting," Levine's Bibliography 122247000000000560, UCLA Department of Economics.
  8. Ellen R. McGrattan & Edward C. Prescott, 2010. "Unmeasured Investment and the Puzzling US Boom in the 1990s," American Economic Journal: Macroeconomics, American Economic Association, American Economic Association, vol. 2(4), pages 88-123, October.
  9. Vasco Curdia & Ricardo Reis, 2010. "Correlated Disturbances and U.S. Business Cycles," Discussion Papers, Columbia University, Department of Economics 0910-12, Columbia University, Department of Economics.
  10. Justiniano, Alejandro & Primiceri, Giorgio E & Tambalotti, Andrea, 2011. "Is there a trade-off between inflation and output stabilization?," CEPR Discussion Papers, C.E.P.R. Discussion Papers 8407, C.E.P.R. Discussion Papers.
  11. Fève, Patrick & Guay, Alain, 2009. "Identification of Technology Shocks in Structural VARs," TSE Working Papers, Toulouse School of Economics (TSE) 09-028, Toulouse School of Economics (TSE).
  12. Jesús Fernández-Villaverde, 2009. "The Econometrics of DSGE Models," PIER Working Paper Archive 09-008, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
  13. Ricardo Reis, 2009. "A Sticky-information General Equilibrium Model por Policy Analysis," Central Banking, Analysis, and Economic Policies Book Series, Central Bank of Chile, in: Klaus Schmidt-Hebbel & Carl E. Walsh & Norman Loayza (Series Editor) & Klaus Schmidt-Hebbel (Series (ed.), Monetary Policy under Uncertainty and Learning, edition 1, volume 13, chapter 8, pages 227-283 Central Bank of Chile.
  14. Francois Gourio & Leena Rudanko, 2014. "Can Intangible Capital Explain Cyclical Movements in the Labor Wedge?," NBER Working Papers 19900, National Bureau of Economic Research, Inc.
  15. Sungbae An & Yongsung Chang & Sun-Bin Kim, 2007. "Can a Representative Agent Model Represent a Heterogeneous Agent Economy?," Discussion Paper Series 0714, Institute of Economic Research, Korea University.
  16. Tutino, Antonella, 2011. "Rationally inattentive macroeconomic wedges," Journal of Economic Dynamics and Control, Elsevier, Elsevier, vol. 35(3), pages 344-362, March.
  17. A. Johri & M-A. Letendre, 2001. "Labour Market Dynamics in RBC Models," Department of Economics Working Papers 2001-03, McMaster University.
  18. Kim, Byung-Yeon & Pirttilä, Jukka & Rautava, Jouko, 2001. "Money, Barter and Inflation in Russia," BOFIT Discussion Papers, Bank of Finland, Institute for Economies in Transition 15/2001, Bank of Finland, Institute for Economies in Transition.
  19. George Alessandria, 2005. "Consumer search, price dispersion, and international relative price volatility," Working Papers 05-9, Federal Reserve Bank of Philadelphia.
  20. Jose Ignacio García Pérez & Victoria Osuna, 2011. "The effects of introducing a single open-ended contract in the Spanish labour market," Working Papers 11.07, Universidad Pablo de Olavide, Department of Economics.
  21. Galí, Jordi & Gertler, Mark & Lopez-Salido, Jose David, 2002. "Markups, Gaps and the Welfare Costs of Business Fluctuations," CEPR Discussion Papers, C.E.P.R. Discussion Papers 3212, C.E.P.R. Discussion Papers.
  22. Diego A. Comin, 2008. "An Exploration of the Japanese Slowdown during the 1990s," NBER Working Papers 14509, National Bureau of Economic Research, Inc.
  23. Lawrence J. Christiano & Roberto Motto & Massimo Rostagno, 2004. "The Great Depression and the Friedman-Schwartz hypothesis," Working Paper 0318, Federal Reserve Bank of Cleveland.
  24. Justiniano, Alejandro & Primiceri, Giorgio E. & Tambalotti, Andrea, 2009. "Investment Shocks and the Relative Price of Investment," CEPR Discussion Papers, C.E.P.R. Discussion Papers 7598, C.E.P.R. Discussion Papers.
  25. Casey B. Mulligan, 2002. "A Century of Labor-Leisure Distortions," NBER Working Papers 8774, National Bureau of Economic Research, Inc.
  26. José-Víctor Ríos-Rull & Frank Schorfheide & Cristina Fuentes-Albero & Raul Santaeulalia-Llopis & Maxym Kryshko, 2009. "Methods versus substance: measuring the effects of technology shocks on hours," Staff Report, Federal Reserve Bank of Minneapolis 433, Federal Reserve Bank of Minneapolis.
  27. Dupaigne, M. & Fève, P. & Matheron, J., 2005. "Technology Shock and Employment: Do We Really Need DSGE Models with a Fall in Hours?," Working papers, Banque de France 124, Banque de France.
  28. Hian Teck Hoon & Edmund S Phelps, 2004. "Future Fiscal and Budgetary Shocks," Working Papers, Singapore Management University, School of Economics 20-2004, Singapore Management University, School of Economics.
  29. Yongsung Chang & Frank Schorfheide, 2002. "Labor-Supply Shifts and Economic Fluctuations," Macroeconomics, EconWPA 0204005, EconWPA.
  30. Michael P. Keane & Richard Rogerson, 2011. "Reconciling Micro and Macro Labor Supply Elasticities: A Structural Perspective," NBER Working Papers 17430, National Bureau of Economic Research, Inc.
  31. Leonardo Auernheimer & Danilo Trupkin, 2013. "Online Appendix to "The role of inventories and capacity utilization as shock absorbers"," Technical Appendices, Review of Economic Dynamics 12-159, Review of Economic Dynamics.
  32. Farmer, Roger E A, 2012. "The Evolution of Endogenous Business Cycles," CEPR Discussion Papers, C.E.P.R. Discussion Papers 9080, C.E.P.R. Discussion Papers.
  33. Robert Shimer, 2009. "Convergence in Macroeconomics: The Labor Wedge," American Economic Journal: Macroeconomics, American Economic Association, American Economic Association, vol. 1(1), pages 280-97, January.
  34. Ohanian, Lee & Raffo, Andrea & Rogerson, Richard, 2008. "Long-term changes in labor supply and taxes: Evidence from OECD countries, 1956-2004," Journal of Monetary Economics, Elsevier, Elsevier, vol. 55(8), pages 1353-1362, November.
  35. Jagjit S. Chadha, 2008. "Productivity, Preferences and UIP Deviations in an Open Economy Business Cycle Model," Studies in Economics, Department of Economics, University of Kent 0808, Department of Economics, University of Kent.
  36. Alejandro Justiniano & Giorgio E. Primiceri, 2006. "The Time Varying Volatility of Macroeconomic Fluctuations," NBER Working Papers 12022, National Bureau of Economic Research, Inc.
  37. Julio J. Rotemberg, 2007. "Minimally altruistic wages and unemployment in a matching model," Working Papers, Federal Reserve Bank of Boston 07-5, Federal Reserve Bank of Boston.
  38. Ellen R. McGrattan & Lee E. Ohanian, 2006. "Does Neoclassical Theory Account for the Effects of Big Fiscal Shocks? Evidence From World War II," NBER Working Papers 12130, National Bureau of Economic Research, Inc.
  39. Yi Wen, 2006. "Demand shocks and economic fluctuations," Working Papers, Federal Reserve Bank of St. Louis 2006-011, Federal Reserve Bank of St. Louis.
  40. Loukas Karabarbounis, 2014. "The Labor Wedge: MRS vs. MPN," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 17(2), pages 206-223, April.
  41. Mario J. Crucini & James Kahn, 2003. "Tariffs and the Great Depression revisited," Staff Reports, Federal Reserve Bank of New York 172, Federal Reserve Bank of New York.
  42. Nicola Acocella & Laura Bisio & Giovanni Di Bartolomeo & Alessandra Pelloni, . "Labor market imperfections, real wage rigidities and financial shocks," Working Papers, Sapienza University of Rome, Metodi e modelli per l'economia, il territorio e la finanza MEMOTEF 80/11, Sapienza University of Rome, Metodi e modelli per l'economia, il territorio e la finanza MEMOTEF.
  43. Christopher Erceg & Luca Guerrieri & Christopher Gust, 2004. "Can long-run restrictions identify technology shocks?," International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) 792, Board of Governors of the Federal Reserve System (U.S.).
  44. Peter Ireland & Scott Schuh, 2008. "Productivity and U.S. Macroeconomic Performance: Interpreting the Past and Predicting the Future with a Two-Sector Real Business Cycle Model," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 11(3), pages 473-492, July.
  45. Bhattacharjee, Arnab & Sun, Qi & Chadha, Jagjit S., 2008. "Productivity, Preferences and UIP deviations in an Open Economy Business Cycle Model," SIRE Discussion Papers, Scottish Institute for Research in Economics (SIRE) 2008-53, Scottish Institute for Research in Economics (SIRE).
  46. Jordi Galí & Mark Gertler & J. David López-Salido, 2003. "The euro area inefficiency gap," Banco de Espa�a Working Papers 0302, Banco de Espa�a.
  47. Diego Comin & Mark Gertler, 2006. "Medium-Term Business Cycles," American Economic Review, American Economic Association, American Economic Association, vol. 96(3), pages 523-551, June.
  48. Yongsung Chang & Frank Schorfheide, 2003. "Labor shifts and economic fluctuations," Working Paper, Federal Reserve Bank of Richmond 03-07, Federal Reserve Bank of Richmond.
  49. Martial Dupaigne & Patrick Feve & Julien Matheron, 2007. "Technology Shocks, Non-stationary Hours and DSVAR," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 10(2), pages 238-255, April.
  50. Sustek, Roman, 2009. "Monetary Business Cycle Accounting," MPRA Paper 17518, University Library of Munich, Germany.
  51. V. V. Chari & Patrick J. Kehoe & Ellen R. McGrattan, 2005. "A critique of structural VARs using real business cycle theory," Working Papers, Federal Reserve Bank of Minneapolis 631, Federal Reserve Bank of Minneapolis.
  52. Weder, Mark, 2001. "The great demand depression," SFB 373 Discussion Papers 2001,53, Humboldt University of Berlin, Interdisciplinary Research Project 373: Quantification and Simulation of Economic Processes.
  53. Weder, Mark, 2003. "Some Observations on the Great Depression in Germany," CEPR Discussion Papers, C.E.P.R. Discussion Papers 3716, C.E.P.R. Discussion Papers.
  54. Gerwin Bell & Norikazu Tawara, 2009. "The Size of Government and U.S.-European Differences in Economic Performance," IMF Working Papers 09/92, International Monetary Fund.
  55. Almut Balleer, 2012. "New evidence, old puzzles: Technology shocks and labor market dynamics," Quantitative Economics, Econometric Society, Econometric Society, vol. 3(3), pages 363-392, November.
  56. Holland, Allison & Scott, Andrew, 1998. "The Determinants of UK Business Cycles," Economic Journal, Royal Economic Society, Royal Economic Society, vol. 108(449), pages 1067-92, July.
  57. Louis Phaneuf & Nooman Rebei, 2007. "Technology Shocks and Business Cycles: The Role of Processing Stages and Nominal Rigidities," Working Papers, Bank of Canada 07-7, Bank of Canada.
  58. Justiniano, Alejandro & Primiceri, Giorgio E. & Tambalotti, Andrea, 2008. "Investment Shocks and Business Cycles," CEPR Discussion Papers, C.E.P.R. Discussion Papers 6739, C.E.P.R. Discussion Papers.
  59. Chadha, J. S. & Janssen, N. & Nolan, C.Author-X-Name-First: C., 2001. "Productivity and Preferences in a Small Open Economy," Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge 0108, Faculty of Economics, University of Cambridge.
  60. Bridji, Slim, 2013. "The French Great Depression: A business cycle accounting analysis," Explorations in Economic History, Elsevier, Elsevier, vol. 50(3), pages 427-445.
  61. Nakajima, Tomoyuki, 2005. "A business cycle model with variable capacity utilization and demand disturbances," European Economic Review, Elsevier, Elsevier, vol. 49(5), pages 1331-1360, July.
  62. Riccardo DiCecio, 2008. "Comovement: it's not a puzzle," 2008 Meeting Papers 884, Society for Economic Dynamics.
  63. Ruy Lama, 2011. "Accounting for Output Drops in Latin America," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 14(2), pages 295-316, April.
  64. Casey B. Mulligan, 2002. "A Dual Method of Empirically Evaluating Dynamic Competitive Equilibrium Models with Market Distortions, Applied to the Great Depression & World War II," NBER Working Papers 8775, National Bureau of Economic Research, Inc.
  65. Karabarbounis, Loukas, 2010. "Labor wedges and open economy puzzles," MPRA Paper 31370, University Library of Munich, Germany.
  66. V. V. Chari & Patrick J. Kehoe & Ellen R. McGrattan, 2007. "Are structural VARs with long-run restrictions useful in developing business cycle theory?," Staff Report, Federal Reserve Bank of Minneapolis 364, Federal Reserve Bank of Minneapolis.
  67. Zanetti, Francesco, 2008. "Labor and investment frictions in a real business cycle model," Journal of Economic Dynamics and Control, Elsevier, Elsevier, vol. 32(10), pages 3294-3314, October.
  68. Cooper, Russell & Johri, Alok, 2002. "Learning-by-doing and aggregate fluctuations," Journal of Monetary Economics, Elsevier, Elsevier, vol. 49(8), pages 1539-1566, November.
  69. Yossi Yakhin, 2008. "Financial Integration And Cyclicality Of Monetary Policy In Small Open Economies," Working Papers, Ben-Gurion University of the Negev, Department of Economics 0811, Ben-Gurion University of the Negev, Department of Economics.
  70. Takashi Kano & Hafedh Bouakez, 2005. "Learning-by-Doing or Habit Formation?," 2005 Meeting Papers, Society for Economic Dynamics 513, Society for Economic Dynamics.
  71. Hevia, Constantino, 2009. "Emerging market fluctuations : what makes the difference ?," Policy Research Working Paper Series 4897, The World Bank.
  72. Costa Junior, Celso José & Sampaio, Armando Vaz, 2014. "Tax Reduction Policies of the Productive Sector and Its Impacts on Brazilian Economy," Dynare Working Papers 36, CEPREMAP.
  73. Andres Arias & Gary D. Hansen & Lee E. Ohanian, 2006. "Why Have Business Cycle Fluctuations Become Less Volatile?," NBER Working Papers 12079, National Bureau of Economic Research, Inc.
  74. Görtz, Christoph & Tsoukalas, John, 2011. "News and financial intermediation in aggregate and sectoral fluctuations," MPRA Paper 40442, University Library of Munich, Germany, revised Jul 2012.
  75. 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.
  76. Andrea Pescatori & Murat Tasci, 2011. "Search frictions and the labor wedge," Working Paper 1111, Federal Reserve Bank of Cleveland.
  77. Casey Mulligan, 2009. "What Caused the Recession of 2008? Hints from Labor Productivity," NBER Working Papers 14729, National Bureau of Economic Research, Inc.
  78. Peter N. Ireland, 2009. "On the Welfare Cost of Inflation and the Recent Behavior of Money Demand," American Economic Review, American Economic Association, American Economic Association, vol. 99(3), pages 1040-52, June.
  79. Yi Wen, 2005. "By force of demand: explaining international comovements and the saving-investment correlation puzzle," Working Papers, Federal Reserve Bank of St. Louis 2005-043, Federal Reserve Bank of St. Louis.
  80. John Bailey Jones, 1999. "Has Fiscal Policy Helped Stabilize the Postwar U.S. Economy?," Discussion Papers, University at Albany, SUNY, Department of Economics 99-03, University at Albany, SUNY, Department of Economics.
  81. Javier Andres & J. David López-Salido & Edward Nelson, 2004. "Tobin's imperfect asset substitution in optimizing general equilibrium," Working Papers, Federal Reserve Bank of St. Louis 2004-003, Federal Reserve Bank of St. Louis.
  82. Yongsung Chang & Sun-Bin Kim, 2004. "Heterogeneity and Aggregation in the Labor Market: Implications for Aggregate Preference Shifts," Macroeconomics, EconWPA 0402024, EconWPA.
  83. Lawrence J. Christiano & Joshua M. Davis, 2006. "Two flaws in business cycle dating," Working Paper 0612, Federal Reserve Bank of Cleveland.
  84. Görtz, Christoph & Tsoukalas, John, 2011. "News and Financial Intermediation in Aggregate Fluctuations," MPRA Paper 34113, University Library of Munich, Germany, revised Oct 2011.
  85. Louis Phaneuf & Nooman Rebei, 2008. "Production Stages and the Transmission of Technological Progress," Cahiers de recherche, CIRPEE 0802, CIRPEE.
  86. Geraats, P.M., 2004. "Modelling Stochastic Relative Preferences," Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge 0468, Faculty of Economics, University of Cambridge.
  87. Thijs van Rens, 2005. "Organizational Capital and Employment Fluctuations," 2005 Meeting Papers, Society for Economic Dynamics 427, Society for Economic Dynamics.
  88. Jordi Gali, 2005. "Trends in Hours, Balanced Growth, and the Role of Technology in the Business Cycle," NBER Working Papers 11130, National Bureau of Economic Research, Inc.
  89. DiCecio, Riccardo, 2009. "Sticky wages and sectoral labor comovement," Journal of Economic Dynamics and Control, Elsevier, Elsevier, vol. 33(3), pages 538-553, March.
  90. Paul Gomme & Richard Rogerson & Peter Rupert & Randall Wright, 2004. "The business cycle and the life cycle," Working Paper 0404, Federal Reserve Bank of Cleveland.
  91. Ríos-Rull, José-Víctor & Schorfheide, Frank & Fuentes-Albero, Cristina & Kryshko, Maxym & Santaeulàlia-Llopis, Raül, 2012. "Methods versus substance: Measuring the effects of technology shocks," Journal of Monetary Economics, Elsevier, Elsevier, vol. 59(8), pages 826-846.
  92. Gary D. Hansen, . "Why Have Business Cycle Fluctuations Become Less Volatile? (with Andres Arias and Lee E. Ohanian)," UCLA Economics Online Papers, UCLA Department of Economics 416, UCLA Department of Economics.
  93. Charles L. Evans & David A. Marshall, 2005. "Fundamental Economic Shocks and The Macroeconomy," Working Papers Central Bank of Chile, Central Bank of Chile 351, Central Bank of Chile.
  94. Casey B. Mulligan, 2013. "Uncertainty, Redistribution, and the Labor Market," NBER Working Papers 19553, National Bureau of Economic Research, Inc.
  95. Wen, Yi, 2007. "By force of demand: Explaining international comovements," Journal of Economic Dynamics and Control, Elsevier, Elsevier, vol. 31(1), pages 1-23, January.
  96. Evans, Charles L. & Marshall, David A., 2007. "Economic determinants of the nominal treasury yield curve," Journal of Monetary Economics, Elsevier, Elsevier, vol. 54(7), pages 1986-2003, October.
  97. Ruediger Bachmann & Peter Zorn, 2013. "What Drives Aggregate Investment?," CESifo Working Paper Series 4218, CESifo Group Munich.
  98. Loukas Karabarbounis, 2012. "Home Production, Labor Wedges, and International Real Business Cycles," NBER Working Papers 18366, National Bureau of Economic Research, Inc.
  99. Marcin Kolasa, 2013. "Business cycles in EU new member states: How and why are they different?," National Bank of Poland Working Papers, National Bank of Poland, Economic Institute 156, National Bank of Poland, Economic Institute.
  100. Tobias Kitlinski & Torsten Schmidt, 2011. "The Forecasting Performance of an Estimated Medium Run Model," Ruhr Economic Papers, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen 0301, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.
  101. Francesco Furlanetto & Paolo Gelain & Marzie Taheri Sanjani, 2014. "Output Gap in Presence of Financial Frictions and Monetary Policy Trade-offs," IMF Working Papers 14/128, International Monetary Fund.
  102. Casey B. Mulligan, 2008. "A Depressing Scenario: Mortgage Debt Becomes Unemployment Insurance," NBER Working Papers 14514, National Bureau of Economic Research, Inc.
  103. Casey B. Mulligan, 2004. "Robust Aggregate Implications of Stochastic Discount Factor Volatility," NBER Working Papers 10210, National Bureau of Economic Research, Inc.
  104. Ohanian, Lee E. & Raffo, Andrea, 2012. "Aggregate hours worked in OECD countries: New measurement and implications for business cycles," Journal of Monetary Economics, Elsevier, Elsevier, vol. 59(1), pages 40-56.
  105. Adnrew J. Clarke & Alok Johri, 2008. "Pro-cyclical Solow Residuals without Technology Shocks," Department of Economics Working Papers 2008-02, McMaster University.
  106. Vivek Prasad, 2014. "Balanced budget stimulus with tax cuts in a liquidity constrained economy," Birkbeck Working Papers in Economics and Finance, Birkbeck, Department of Economics, Mathematics & Statistics 1401, Birkbeck, Department of Economics, Mathematics & Statistics.
  107. Lawrence J. Christiano & Joshua M. Davis, 2006. "Two Flaws In Business Cycle Accounting," NBER Working Papers 12647, National Bureau of Economic Research, Inc.
  108. Queraltó, Albert, 2013. "A Model of Slow Recoveries from Financial Crises," International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) 1097, Board of Governors of the Federal Reserve System (U.S.).
  109. repec:nbr:nberwo:14732 is not listed on IDEAS
  110. Alejandro Justiniano & Northwestern University, 2006. "The Time Varying Volatility of Macroeconomic Fluctuations," Computing in Economics and Finance 2006, Society for Computational Economics 219, Society for Computational Economics.
  111. Cordoba, Juan, 2001. "Balanced City Growth and Zipf's Law," Working Papers, Rice University, Department of Economics 2002-03, Rice University, Department of Economics.
  112. Tutino, Antonella, 2008. "Processing savings and work decisions through Shannon's channels," MPRA Paper 16746, University Library of Munich, Germany, revised 26 Jul 2009.
  113. Yongsung Chang & Joao Gomes & Frank Schorfheide, 2000. "Persistence," Econometric Society World Congress 2000 Contributed Papers, Econometric Society 1632, Econometric Society.