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An inquiry into the sources of macroeconomic fluctuations


  • Norrbin, Stefan C.
  • Schlagenhauf, Don E.


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  • Norrbin, Stefan C. & Schlagenhauf, Don E., 1988. "An inquiry into the sources of macroeconomic fluctuations," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 43-70, July.
  • Handle: RePEc:eee:moneco:v:22:y:1988:i:1:p:43-70

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    References listed on IDEAS

    1. William Poole, 1969. "Optimal choice of monetary policy instruments in a simple stochastic macro model," Special Studies Papers 2, Board of Governors of the Federal Reserve System (U.S.).
    2. William Poole, 1970. "Optimal Choice of Monetary Policy Instruments in a Simple Stochastic Macro Model," The Quarterly Journal of Economics, Oxford University Press, vol. 84(2), pages 197-216.
    3. Yoshikawa, Hiroshi, 1981. "Alternative Monetary Policies and Stability in a Stochastic Keynesian Model," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 22(3), pages 541-565, October.
    4. Turnovsky, Stephen J, 1975. "Optimal Choice of Monetary Instrument in a Linear Economic Model with Stochastic Coefficients," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 7(1), pages 51-80, February.
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    Cited by:

    1. Heaton, Chris & Oslington, Paul, 2010. "Micro vs macro explanations of post-war US unemployment movements," Economics Letters, Elsevier, vol. 106(2), pages 87-91, February.
    2. Hess, Gregory D. & Shin, Kwanho, 2000. "Risk sharing by households within and across regions and industries," Journal of Monetary Economics, Elsevier, vol. 45(3), pages 533-560, June.
    3. Clark, Todd E, 1998. "Employment Fluctuations in U.S. Regions and Industries: The Roles of National, Region-Specific, and Industry-Specific Shocks," Journal of Labor Economics, University of Chicago Press, vol. 16(1), pages 202-229, January.
    4. Ghosh, Atish R. & Wolf, Holger C., 1996. "On the mark(s): Optimum currency areas in Germany," Economic Modelling, Elsevier, vol. 13(4), pages 561-573, October.
    5. Reffett, Kevin L., 1995. "Arbitrage pricing and the stochastic inflation tax in a multisector monetary economy," Journal of Economic Dynamics and Control, Elsevier, vol. 19(3), pages 569-597, April.
    6. N. Groenewold & A.J. Hagger, 1997. "The Natural Unemployment Rate in Australia since the Seventies," Economics Discussion / Working Papers 97-24, The University of Western Australia, Department of Economics.
    7. Adina Ardelean & Miguel Leon-Ledesma & Laura Puzzello, 2017. "Industry Volatility and International Trade," Studies in Economics 1709, School of Economics, University of Kent.
    8. Del Negro, Marco, 2002. "Asymmetric shocks among U.S. states," Journal of International Economics, Elsevier, vol. 56(2), pages 273-297, March.
    9. Kang, Gi Choon & Orazem, Peter F., 2003. "The relative importance of aggregate and disaggregate shocks in Korean business cycles," Journal of Asian Economics, Elsevier, vol. 14(3), pages 419-434, June.
    10. John Formby & Stefan Norrbin & Ryoichi Sakano, 1992. "The synchronization of business cycles across the European Community," Open Economies Review, Springer, vol. 3(3), pages 233-253, October.
    11. Coulson, N. Edward, 1999. "Sectoral sources of metropolitan growth," Regional Science and Urban Economics, Elsevier, vol. 29(6), pages 723-743, November.
    12. Allan D. Brunner, 2002. "El Niño and World Primary Commodity Prices: Warm Water or Hot Air?," The Review of Economics and Statistics, MIT Press, vol. 84(1), pages 176-183, February.
    13. Eswar Prasad & Alun Thomas, 1998. "A disaggregated analysis of employment growth fluctuations in Canada," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 26(3), pages 274-287, September.
    14. Naohito Abe, 2004. "The Multi-Sector Business Cycle Model and Aggregate Shocks: An Empirical Analysis," The Japanese Economic Review, Japanese Economic Association, vol. 55(1), pages 101-118.
    15. Norrbin, Stefan C. & Schlagenhauf, Don E., 1996. "The role of international factors in the business cycle: A multi-country study," Journal of International Economics, Elsevier, vol. 40(1-2), pages 85-104, February.
    16. Karadimitropoulou, Aikaterini & León-Ledesma, Miguel, 2013. "World, country, and sector factors in international business cycles," Journal of Economic Dynamics and Control, Elsevier, vol. 37(12), pages 2913-2927.
    17. Thanarak Laosuthi & David D. Selover, 2007. "Does El Nino Affect Business Cycles," Eastern Economic Journal, Eastern Economic Association, vol. 33(1), pages 21-42, Winter.
    18. Campolieti, Michele & Gefang, Deborah & Koop, Gary, 2014. "A new look at variation in employment growth in Canada: The role of industry, provincial, national and external factors," Journal of Economic Dynamics and Control, Elsevier, vol. 41(C), pages 257-275.
    19. Fabrizio Coricelli & Aikaterini Karadimitropoulou & Miguel A. León-Ledesma, 2012. "A Disaggregate Characterisation of Recessions," Studies in Economics 1209, School of Economics, University of Kent.
    20. Joseph G. Haubrich, 1991. "Financial efficiency and aggregate fluctuations: an exploration," Economic Review, Federal Reserve Bank of Cleveland, issue Q IV, pages 25-36.
    21. Michele Campolieti & Deborah Gefang & Gary Koop, 2013. "A new look at variation in employment growth in Canada," Working Papers 26145565, Lancaster University Management School, Economics Department.
    22. Gilhooly, Robert & Weale, Martin & Wieladek, Tomasz, 2012. "Disaggregating the international business cycle," Discussion Papers 37, Monetary Policy Committee Unit, Bank of England.
    23. Atish R. Ghosh & Holger C. Wolf, 1997. "Geographical and Sectoral Shocks in the U.S. Business Cycle," NBER Working Papers 6180, National Bureau of Economic Research, Inc.
    24. N. Groenewold & A.J. Hagger, 1997. "The US natural rate: A "Lilien" time-series, January 1948 to August 1996," Economics Discussion / Working Papers 97-10, The University of Western Australia, Department of Economics.
    25. Norrbin, S. C., 1995. "Disaggregate stochastic trends in industrial production," Economics Letters, Elsevier, vol. 47(3-4), pages 327-333, March.

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