IDEAS home Printed from https://ideas.repec.org/e/c/pke16.html
   My authors  Follow this author

Timothy J. Kehoe

Citations

Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.

Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. Timothy J. Kehoe & Edward C. Prescott, 2002. "Great Depressions of the Twentieth Century," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 5(1), pages 1-18, January.

    Mentioned in:

    1. What's a Central Bank Good For?
      by Stephen Williamson in Stephen Williamson: New Monetarist Economics on 2014-01-29 02:22:00
  2. Kehoe, Timothy J. & Ruhl, Kim J., 2009. "Sudden stops, sectoral reallocations, and the real exchange rate," Journal of Development Economics, Elsevier, vol. 89(2), pages 235-249, July.

    Mentioned in:

    1. Sudden Stops: A Primer on Balance-of-Payments Crises
      by Steve Cecchetti and Kim Schoenholtz in Money, Banking and Financial Markets on 2018-06-25 11:59:25
  3. Betts, Caroline M. & Kehoe, Timothy J., 2006. "U.S. real exchange rate fluctuations and relative price fluctuations," Journal of Monetary Economics, Elsevier, vol. 53(7), pages 1297-1326, October.

    Mentioned in:

    1. Is Inflation in Argentina Above 100%?
      by Nicolas Cachanosky in Punto de Vista Economico on 2013-04-25 08:10:38
  4. Timothy J. Kehoe, 2003. "What can we learn from the current crisis in Argentina?," Staff Report 318, Federal Reserve Bank of Minneapolis.

    Mentioned in:

    1. Italeave: Mother of all financial crises
      by Steve Cecchetti and Kim Schoenholtz in Money, Banking and Financial Markets on 2018-06-04 11:55:24
  5. Timothy J. Kehoe, 2003. "An evaluation of the performance of applied general equilibrium models of the impact of NAFTA," Staff Report 320, Federal Reserve Bank of Minneapolis.

    Mentioned in:

    1. Forecasting with CGE models
      by Economic Logician in Economic Logic on 2010-04-22 19:05:00
  6. Cole, Harold L. & Kehoe, Timothy J., 1996. "A self-fulfilling model of Mexico's 1994-1995 debt crisis," Journal of International Economics, Elsevier, vol. 41(3-4), pages 309-330, November.

    Mentioned in:

    1. Una Visión de la Lógica del Pánico Económico en Europa
      by Andrés Neumeyer in Foco Económico on 2011-08-13 17:00:00
  7. Author Profile
    1. Ranking Economists as of December 2015
      by Matthew Kahn in Environmental and Urban Economics on 2016-01-07 22:27:00

Wikipedia or ReplicationWiki mentions

(Only mentions on Wikipedia that link back to a page on a RePEc service)
  1. Timothy J. Kehoe & Kim J. Ruhl, 2013. "How Important Is the New Goods Margin in International Trade?," Journal of Political Economy, University of Chicago Press, vol. 121(2), pages 358-392.

    Mentioned in:

    1. How Important Is the New Goods Margin in International Trade? (JPE 2013) in ReplicationWiki ()

Working papers

  1. Pascal Gauthier & Timothy J. Kehoe & Erwan Quintin, 2021. "Constructing Pure-Exchange Economies with Many Equilibria," Staff Report 631, Federal Reserve Bank of Minneapolis.

    Cited by:

    1. Won, Dong Chul, 2023. "A new approach to the uniqueness of equilibrium with CRRA preferences," Journal of Economic Theory, Elsevier, vol. 208(C).
    2. Rabah Amir & Bernard Cornet & M. Ali Khan & David Levine & Edward C. Prescott, 2022. "Special Issue in honor of Nicholas C. Yannelis – Part II," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 73(2), pages 377-385, April.

  2. Timothy J. Kehoe & Juan Pablo Nicolini & Thomas J. Sargent, 2020. "A Framework for Studying the Monetary and Fiscal History of Latin America, 1960–2017," Staff Report 607, Federal Reserve Bank of Minneapolis.

    Cited by:

    1. Emilio Espino & Julian Kozlowski & Fernando M. Martin & Juan M. Sanchez, 2023. "External Shocks versus Domestic Policies in Emerging Markets," Review, Federal Reserve Bank of St. Louis, vol. 105(2), pages 108-121, April.

  3. Timothy J. Kehoe & Carlos Gustavo Machicado & José Peres-Cajías, 2019. "The Monetary and Fiscal History of Bolivia, 1960-2017," Staff Report 579, Federal Reserve Bank of Minneapolis.

    Cited by:

    1. Cesar Martinelli & Marco Vega, 2019. "The Economic Legacy of General Velasco: Long-Term Consequences of Interventionism," Working Papers 1071, George Mason University, Interdisciplinary Center for Economic Science, revised Dec 2019.
    2. Lucas DuPriest, 2019. "Coworking Spaces in La Paz, Bolivia: Urban Effects and Potential Creation of New Opportunities for Local Economic Development," Development Research Working Paper Series 07/2019, Institute for Advanced Development Studies.
    3. Ivan Trofimov, 2021. "Income terms of trade and economic convergence: Evidence from Latin America," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 46(2), pages 41-67, June.

  4. Juan Carlos Conesa & Timothy J. Kehoe & Vegard Nygaard & Gajendran Raveendranathan, 2019. "Implications of Increasing College Attainment for Aging in General Equilibrium," Staff Report 583, Federal Reserve Bank of Minneapolis.

    Cited by:

    1. Wickens, Michael R. & Heer, Burkhard, 2017. "Population Aging, Social Security and Fiscal Limits," CEPR Discussion Papers 11978, C.E.P.R. Discussion Papers.
    2. John Bailey Jones & Yue Li, 2020. "Social Security Reform with Heterogeneous Mortality," Working Paper 20-09, Federal Reserve Bank of Richmond.
    3. Sørensen, Bent E & Nygaard, Vegard M. & Wang, Fan, 2020. "Optimal allocations to heterogeneous agents with an application to stimulus checks," CEPR Discussion Papers 15283, C.E.P.R. Discussion Papers.
    4. Thomas Cooley & Edwin Nusbaum & Espen Henriksen, 2019. "Demographic Obstacles to European Growth," 2019 Meeting Papers 1352, Society for Economic Dynamics.
    5. Elena Falcettoni & Vegard M. Nygaard, 2023. "A Comparison Of Living Standards Across The United States Of America," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 64(2), pages 511-542, May.
    6. Elena Falcettoni & Vegard Nygaard, 2020. "A Comparison of Living Standards Across the States of America," Finance and Economics Discussion Series 2020-041, Board of Governors of the Federal Reserve System (U.S.).
    7. Vegard M. Nygaard & Gajendran Raveendranathan, 2021. "The impact of U.S. employer-sponsored insurance in the 20th century," Department of Economics Working Papers 2021-11, McMaster University.
    8. Wickens, Michael R. & Heer, Burkhard & Polito, Vito, 2023. "Pension Systems (Un)sustainability and Fiscal Constraints: A Comparative Analysis," CEPR Discussion Papers 18181, C.E.P.R. Discussion Papers.
    9. John Bailey Jones & Yue Li, 2022. "Online Appendix to "Social Security Reform with Heterogeneous Mortality"," Online Appendices 21-214, Review of Economic Dynamics.
    10. Bairoliya, Neha & İmrohoroğlu, Ayşe, 2023. "Macroeconomic consequences of stay-at-home policies during the COVID-19 pandemic," European Economic Review, Elsevier, vol. 152(C).

  5. Jose Asturias & Sewon Hur & Timothy J. Kehoe & Kim J. Ruhl, 2019. "Firm Entry and Exit and Aggregate Growth," Working Papers 19-03R, Federal Reserve Bank of Cleveland, revised 16 Jun 2020.

    Cited by:

    1. Stephen Ayerst & Loren Brandt & Diego Restuccia, 2023. "Distortions, Producer Dynamics, and Aggregate Productivity: A General Equilibrium Analysis," Working Papers tecipa-754, University of Toronto, Department of Economics.
    2. Lei Fang & Berthold Herrendorf, 2019. "High-Skilled Services and Development in China," FRB Atlanta Working Paper 2019-21, Federal Reserve Bank of Atlanta.
    3. Timothy Kehoe & Sewon Hur & Kim Ruhl & Jose Asturias, 2016. "The Interaction and Sequencing of Policy Reforms," 2016 Meeting Papers 316, Society for Economic Dynamics.
    4. Lorenza Rossi & Emilio Zanetti Chini, 2019. "Temporal Disaggregation of Business Dynamics: New Evidence for U.S. Economy," Working Papers in Public Economics 188, University of Rome La Sapienza, Department of Economics and Law.
    5. Guriev, Sergei & Aghion, Philippe & Jo, Kangchul, 2019. "Chaebols and firm dynamics in Korea," CEPR Discussion Papers 13825, C.E.P.R. Discussion Papers.
    6. Marta Aloi & Huw Dixon & Anthony Savagar, 2021. "Labor Responses, Regulation, and Business Churn," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 53(1), pages 119-156, February.
    7. Girum Abebe & Tigabu Degu & Gebrehiwot Ageba, 2018. "What drives productivity change in the manufacturing sector? Evidence from the metalworking industry in Ethiopia," Working Papers 020, Policy Studies Institute.
    8. Ablam Estel Apeti & Jean-Louis Combes & Eyah Denise Edoh, 2023. "Entrepreneurship in developing countries: can mobile money play a role?," Working Papers hal-04081304, HAL.
    9. Camino-Mogro, Segundo, 2020. "Turbulence in startups: Effect of COVID-19 lockdown on creation of new firms and its capital," MPRA Paper 104502, University Library of Munich, Germany.
    10. Bianca Barbaro & Giorgio Massari & Patrizio Tirelli, 2022. "Who killed business dynamism in the U.S.?," Working Papers 494, University of Milano-Bicocca, Department of Economics, revised Aug 2022.
    11. Peter Bauer & Igor Fedotenkov & Aurelien Genty & Issam Hallak & Peter Harasztosi & David Martinez Turegano & David Nguyen & Nadir Preziosi & Ana Rincon-Aznar & Miguel Sanchez Martinez, 2020. "Productivity in Europe: Trends and drivers in a service-based economy," JRC Research Reports JRC119785, Joint Research Centre.
    12. Chiara Tomasi & Fabio Pieri & Valentina Cecco, 2023. "Red tape and industry dynamics: a cross-country analysis," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 50(2), pages 283-320, June.
    13. Julieta Caunedo & Emircan Yurdagul, 2019. "Who Quits Next? Firm Growth In Growing Economies," Economic Inquiry, Western Economic Association International, vol. 57(1), pages 33-49, January.
    14. Philippon, Thomas & Gutierrez, German, 2017. "Declining Competition and Investment in the U.S," CEPR Discussion Papers 12536, C.E.P.R. Discussion Papers.
    15. Faisal Sohail, 2018. "Employer Size and Spinout Dynamics," 2018 Meeting Papers 274, Society for Economic Dynamics.
    16. Germán Gutiérrez & Callum Jones & Mr. Thomas Philippon, 2019. "Entry Costs and the Macroeconomy," IMF Working Papers 2019/233, International Monetary Fund.
    17. Katharina Erhardt & Simon Haenni, 2021. "The Cultural Roots of Firm Entry, Exit, and Growth," CESifo Working Paper Series 9198, CESifo.
    18. Zhang, Lini, 2018. "Credit crunches, individual heterogeneity and the labor wedge," Journal of Macroeconomics, Elsevier, vol. 56(C), pages 65-88.
    19. Katharina Erhardt & Simon Haenni, 2018. "Born to be an entrepreneur? How cultural origin affects entrepreneurship," ECON - Working Papers 309, Department of Economics - University of Zurich.
    20. Lorenza Rossi, 2018. "The Overshooting of Firms Destruction, Banks and Productivity Shocks," DEM Working Papers Series 147, University of Pavia, Department of Economics and Management.
    21. Bianca Barbaro & Patrizio Tirelli, 2023. "Forbearance vs foreclosure in a general equilibrium model," Working Papers 516, University of Milano-Bicocca, Department of Economics.
    22. Rodrigo Ceni & Gabriel Merlo, 2021. "Twenty years of job flows in an emerging country," Documentos de Trabajo (working papers) 21-10, Instituto de Economía - IECON.
    23. Lee,Yoonsoo, 2020. "Long-Term Shifts in Korean Manufacturing and Plant-Level Productivity Dynamics," Policy Research Working Paper Series 9279, The World Bank.
    24. Marcos Diaz, 2020. "Three essays on development economics : public policies and geographical discontinuities," Sciences Po publications info:hdl:2441/6rl0q151go8, Sciences Po.
    25. Daniela Costa & Timothy J. Kehoe & Gajen Raveendranathan, 2016. "The Stages of Economic Growth Revisited, Part 2: Catching Up to and Joining the Economic Leader," Economic Policy Paper 16-6, Federal Reserve Bank of Minneapolis.
    26. Fabio Massimo Piersanti & Patrizio Tirelli, 2020. "Endogenous Productivity Dynamics in a Two-Sector Business Cycle Model," Working Papers 434, University of Milano-Bicocca, Department of Economics, revised Feb 2020.
    27. Tijl Hendrich & Jennifer Buurma-Olsen & Judith Bayer, 2022. "Entries and Regional Growth: The Role of Relatedness," CPB Discussion Paper 433, CPB Netherlands Bureau for Economic Policy Analysis.
    28. Cui, Chuantao & Li, Leona Shao-Zhi, 2023. "Trade policy uncertainty and new firm entry: Evidence from China," Journal of Development Economics, Elsevier, vol. 163(C).

  6. Juan Carlos Conesa & Timothy J. Kehoe, 2017. "Productivity, Taxes, and Hours Worked in Spain: 1970-2015," Staff Report 550, Federal Reserve Bank of Minneapolis.

    Cited by:

    1. Díaz, Antonia & Franjo, Luis, 2016. "Capital goods, measured TFP and growth: The case of Spain," European Economic Review, Elsevier, vol. 83(C), pages 19-39.
    2. Manuel García-Santana & Enrique Moral-Benito & Josep Pijoan-Mas & Roberto Ramos, 2016. "Growing like Spain: 1995-2007," Working Papers 888, Barcelona School of Economics.
    3. Enrique Moral-Benito, 2016. "Growing by learning: firm-level evidence on the size-productivity nexus," Working Papers 1613, Banco de España.
    4. Enrique Mendoza, 2017. "Optimal Domestic (and External) Sovereign Default," 2017 Meeting Papers 279, Society for Economic Dynamics.
    5. Dalton, John T., 2015. "The Evolution Of Taxes And Hours Worked In Austria, 1970–2005," Macroeconomic Dynamics, Cambridge University Press, vol. 19(8), pages 1800-1815, December.
    6. Luisa Fuster, 2022. "Macroeconomic and distributive effects of increasing taxes in Spain," SERIEs: Journal of the Spanish Economic Association, Springer;Spanish Economic Association, vol. 13(4), pages 613-648, December.
    7. Nezih Guner, 2017. "Introduction to the special issue on the Survey of Adult Skills (PIAAC)," SERIEs: Journal of the Spanish Economic Association, Springer;Spanish Economic Association, vol. 8(4), pages 311-314, November.
    8. Juan Carlos Conesa & Pau S. Pujolas, 2019. "The Canadian productivity stagnation, 20022014," Canadian Journal of Economics, Canadian Economics Association, vol. 52(2), pages 561-583, May.
    9. Agnani, Betty & Iza Padilla, María Amaya, 2005. "Growth in an oil abundant economy: The case of Venezuela," DFAEII Working Papers 1988-088X, University of the Basque Country - Department of Foundations of Economic Analysis II.
    10. Cruz A. Echevarría & Amaia Iza, 2011. "Social security, education retirement and growth," Hacienda Pública Española / Review of Public Economics, IEF, vol. 198(3), pages 9-36, September.
    11. Catalina Amuedo-Dorantes & Sara de la Rica, 2008. "Does Immigration Raise Natives’ Income? National and Regional Evidence from Spain," Working Papers 2008-17, FEDEA.
    12. Cheuk Yin Ho, 2007. "Illegal migration and economic growth: simulation analysis in an international context," Economics Bulletin, AccessEcon, vol. 6(41), pages 1-13.
    13. Deniz Cicek & Ceyhun Elgin, 2010. "Not-Quite-Great Depressions of Turkey: A Quantitative Analysis of Economic Growth over 1968 - 2004," Working Papers 2010/07, Bogazici University, Department of Economics.
    14. Duernecker, Georg & Herrendorf, Berthold, 2017. "On the Allocation of Time - A Quantitative Analysis of the Roles of Taxes and Productivities," CEPR Discussion Papers 12393, C.E.P.R. Discussion Papers.
    15. José Emilio Boscá & Rafael Domenech & Javier Ferri, 2009. "Tax reforms and labour-market performance: An evaluation for Spain using REMS," Working Papers 0910, BBVA Bank, Economic Research Department.
    16. Roberto Ellery Jr. & Victor Gomes, 2014. "Fiscal Policy, Supply Shocks and Economic Expansion in Brazil from 2003 to 2007," Brazilian Business Review, Fucape Business School, vol. 11(3), pages 53-75, June.
    17. Stylianos G. Gogos & Dimitris Papageorgiou & Vanghelis Vassilatos, 2018. "Rent seeking activities and aggregate economic performance - the case of Greece," Working Papers 252, Bank of Greece.
    18. Jesús Rodríguez López & Mario Solís-García, 2012. "Accounting Spanish business cycles: What can be learned from past recessions?," Working Papers 12.05, Universidad Pablo de Olavide, Department of Economics.

  7. Juan Carlos Conesa & Daniela Costa & Parisa Kamali & Timothy J. Kehoe & Vegard Nygaard & Gajen Raveendranathan & Akshar Saxena, 2017. "Macroeconomic Effects of Medicare," Staff Report 548, Federal Reserve Bank of Minneapolis.

    Cited by:

    1. Mariacristina De Nardi & Eric French & John Bailey Jones & Justin Kirschner & Rory McGee, 2018. "The Lifetime Medical Spending of Retirees," Economic Quarterly, Federal Reserve Bank of Richmond, issue 3Q, pages 103-135.
    2. Gajendran Raveendranathan & Kyle Herkenhoff, 2019. "Who Bears the Welfare Costs of Monopoly? The Case of the Credit Card Industry," 2019 Meeting Papers 67, Society for Economic Dynamics.
    3. Cui, Kun & Li, Bo & Wang, Hanyang, 2021. "Quantitative analysis of health insurance reform in China: Pure consolidation or universal health insurance?," Economic Modelling, Elsevier, vol. 101(C).
    4. Conesa, Juan Carlos & Kehoe, Timothy J. & Nygaard, Vegard M. & Raveendranathan, Gajendran, 2020. "Implications of increasing college attainment for aging in general equilibrium," European Economic Review, Elsevier, vol. 122(C).
    5. Juan Carlos Conesa & Akshar Saxena & Daniela Costa & Gajendran Raveendranathan & Parisa Kamali & Timothy Kehoe, 2018. "Aging and the Macroeconomy," 2018 Meeting Papers 930, Society for Economic Dynamics.
    6. Job Boerma & Ellen McGrattan, 2018. "Health Capital Taxation," 2018 Meeting Papers 204, Society for Economic Dynamics.
    7. Jiang, Yunyun & Zhao, Tianhao & Zheng, Haitao, 2021. "Population aging and its effects on the gap of urban public health insurance in China," China Economic Review, Elsevier, vol. 68(C).
    8. Bloom, David E. & Kuhn, Michael & Prettner, Klaus, 2018. "Health and Economic Growth," IZA Discussion Papers 11939, Institute of Labor Economics (IZA).
    9. Juergen Jung & Chung Tran, 2015. "Social Health Insurance: A Quantitative Exploration," ANU Working Papers in Economics and Econometrics 2015-629, Australian National University, College of Business and Economics, School of Economics.
    10. FUKAI Taiyo & ICHIMURA Hidehiko & KITAO Sagiri & MIKOSHIBA Minamo, 2021. "Medical Expenditures over the Life Cycle: Persistent Risks and Insurance," Discussion papers 21073, Research Institute of Economy, Trade and Industry (RIETI).
    11. Conesa, Juan Carlos & Li, Bo & Li, Qian, 2020. "Welfare implications of switching to consumption taxation," Journal of Economic Dynamics and Control, Elsevier, vol. 120(C).
    12. Reona Hagiwara, 2022. "Welfare Effects of Health Insurance Reform: The Role of Elastic Medical Demand," IMES Discussion Paper Series 22-E-05, Institute for Monetary and Economic Studies, Bank of Japan.
    13. Vegard M. Nygaard & Gajendran Raveendranathan, 2021. "The impact of U.S. employer-sponsored insurance in the 20th century," Department of Economics Working Papers 2021-11, McMaster University.
    14. Frankovic, Ivan & Kuhn, Michael, 2018. "Health insurance, endogenous medical progress, and health expenditure growth," ECON WPS - Working Papers in Economic Theory and Policy 01/2018, TU Wien, Institute of Statistics and Mathematical Methods in Economics, Economics Research Unit.
    15. Korenman, Sanders & Remler, Dahlia K. & Hyson, Rosemary T., 2021. "Health insurance and poverty of the older population in the United States: The importance of a health inclusive poverty measure," The Journal of the Economics of Ageing, Elsevier, vol. 18(C).
    16. Frankovic, Ivan & Kuhn, Michael, 2023. "Health insurance, endogenous medical progress, health expenditure growth, and welfare," Journal of Health Economics, Elsevier, vol. 87(C).
    17. Bairoliya, Neha & İmrohoroğlu, Ayşe, 2023. "Macroeconomic consequences of stay-at-home policies during the COVID-19 pandemic," European Economic Review, Elsevier, vol. 152(C).
    18. Tomoaki Kotera, 2020. "Sustainability of Social Security in the Aging Economy from the Perspective of Improving Health," IMES Discussion Paper Series 20-E-12, Institute for Monetary and Economic Studies, Bank of Japan.
    19. Lim, Kyoung Mook, 2020. "Public provision of health insurance and aggregate saving in an overlapping generations model with endogenous health risk: The South Korean case," Economic Modelling, Elsevier, vol. 91(C), pages 233-246.
    20. Kelly, Mark & Kuhn, Michael, 2022. "Congestion in a public health service: A macro approach," Journal of Macroeconomics, Elsevier, vol. 74(C).

  8. Daniela Costa & Timothy J. Kehoe & Gajen Raveendranathan, 2016. "The Stages of Economic Growth Revisited, Part 2: Catching Up to and Joining the Economic Leader," Economic Policy Paper 16-6, Federal Reserve Bank of Minneapolis.

    Cited by:

    1. Juan Carlos Conesa & Pau S. Pujolas, 2019. "The Canadian productivity stagnation, 20022014," Canadian Journal of Economics, Canadian Economics Association, vol. 52(2), pages 561-583, May.

  9. Timothy J. Kehoe & Pau S. Pujolas & Jack Rossbach, 2016. "Quantitative Trade Models: Developments and Challenges," Staff Report 537, Federal Reserve Bank of Minneapolis.

    Cited by:

    1. Swati Dhingra & Rebecca Freeman & Hanwei Huang, 2021. "The impact of non-tariff barriers on trade and welfare," CEP Discussion Papers dp1742, Centre for Economic Performance, LSE.
    2. Patureau, Lise & Poilly, Céline, 2019. "Reforms and the real exchange rate: The role of pricing-to-market," Journal of International Economics, Elsevier, vol. 119(C), pages 150-168.
    3. Diego Restuccia & Richard Rogerson, 2017. "The Causes and Costs of Misallocation," Working Papers tecipa-581, University of Toronto, Department of Economics.
    4. Gabriel Felbermayr & Jasmin Gröschl & Inga Heiland, 2023. "Complex Europe: Quantifying Cost of Disintegration," EconPol Policy Brief 48, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
    5. Anja Bauer & Leo Capari & Daniela Fuchs & Titus Udrea, 2023. "Diversification, integration, and opening: developments in modelling for policy," Science and Public Policy, Oxford University Press, vol. 50(6), pages 977-987.
    6. Scott French, 2017. "Comparative Advantage and Biased Gravity," Discussion Papers 2017-03, School of Economics, The University of New South Wales.
    7. Josef Bajzik & Tomas Havranek & Zuzana Irsova & Jiri Schwarz, 2019. "Estimating the Armington Elasticity: The Importance of Data Choice and Publication Bias," Working Papers IES 2019/19, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, revised Jul 2019.
    8. Rodrigo Adão & Arnaud Costinot & Dave Donaldson, 2023. "Putting Quantitative Models to the Test: An Application to Trump’s Trade War," NBER Working Papers 31321, National Bureau of Economic Research, Inc.
    9. Nilsson, Lars, 2019. "Reflections on the economic modelling of free trade agreements," DG TRADE Chief Economist Notes 2019-2, Directorate General for Trade, European Commission.
    10. Niemi, Janne, 2019. "Trade, persistent habits and development - a dynamic CGE model analysis," Conference papers 333084, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    11. Thomas Sampson, 2017. "Brexit: The Economics of International Disintegration," Journal of Economic Perspectives, American Economic Association, vol. 31(4), pages 163-184, Fall.
    12. Luca Salvatici & Silvia Nenci, 2017. "New features, forgotten costs and counterfactual gains of the international trading system," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 44(4), pages 592-633.
    13. Gabriel Felbermayr & Benjamin Jung & Wilhelm Kohler & Philipp Harms & Jakob Schwab, 2017. "Ricardo – Yesterday and Today," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 70(09), pages 03-18, May.
    14. Gabriel Felbermayr & Jasmin Katrin Gröschl & Inga Heiland, 2018. "Undoing Europe in a New Quantitative Trade Model," ifo Working Paper Series 250, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
    15. Gabriela Ortiz Valverde & Maria C. Latorre, 2020. "A computable general equilibrium analysis of Brexit: Barriers to trade and immigration restrictions," The World Economy, Wiley Blackwell, vol. 43(3), pages 705-728, March.
    16. Niemi, Janne, 2018. "Short-run and long-run food import elasticities with persistent trading habits," Working Papers 111, VATT Institute for Economic Research.
    17. Jan Hagemejer & Maria Dunin-Wąsowicz & Jan Jakub Michałek & Jacek Szyszka, 2021. "Trade-related effects of Brexit. Implications for Central and Eastern Europe," Working Papers 2021-17, Faculty of Economic Sciences, University of Warsaw.
    18. Bajzik, Josef & Havranek, Tomas & Irsova, Zuzana & Schwarz, Jiri, 2020. "Estimating the Armington elasticity: The importance of study design and publication bias," Journal of International Economics, Elsevier, vol. 127(C).
    19. Zainuddin, Muhamad Rias K V & Shukor, Md Shafiin & Zulkifli, Muhamad Solehuddin & Abdullah, Amirul Hamza, 2021. "Dynamics of Malaysia’s Bilateral Export Post Covid-19: A Gravity Model Analysis," Jurnal Ekonomi Malaysia, Faculty of Economics and Business, Universiti Kebangsaan Malaysia, vol. 55(1), pages 51-69.
    20. Pol Antràs & Davin Chor, 2021. "Global Value Chains," NBER Working Papers 28549, National Bureau of Economic Research, Inc.
    21. Rodrigo Adão & Costas Arkolakis & Federico Esposito, 2019. "General Equilibrium Effects in Space: Theory and Measurement," NBER Working Papers 25544, National Bureau of Economic Research, Inc.
    22. Duan, Yuwan & Ji, Ting & Lu, Yi & Wang, Siying, 2021. "Environmental regulations and international trade: A quantitative economic analysis of world pollution emissions," Journal of Public Economics, Elsevier, vol. 203(C).
    23. Sebastián Bustos & Jose Morales‐Arilla, 2024. "Gains from globalization and economic nationalism: AMLO versus NAFTA in the 2006 Mexican elections," Economics and Politics, Wiley Blackwell, vol. 36(1), pages 202-244, March.
    24. Bajzik, Jozef & Havranek, Tomas & Irsova, Zuzana & Schwarz, Jiri, 2019. "The Elasticity of Substitution between Domestic and Foreign Goods: A Quantitative Survey," EconStor Preprints 200207, ZBW - Leibniz Information Centre for Economics.
    25. George A. Alessandria & Oscar I. Avila-Montealegre, 2023. "Trade Integration, Industry Reallocation, and Welfare in Colombia," NBER Working Papers 31378, National Bureau of Economic Research, Inc.
    26. Latorre, María C. & Olekseyuk, Zoryana & Yonezawa, Hidemichi & Robinson, Sherman, 2020. "Making sense of Brexit losses: An in-depth review of macroeconomic studies," Economic Modelling, Elsevier, vol. 89(C), pages 72-87.
    27. Timo Walter, 2022. "Trade and welfare effects of a potential free trade agreement between Japan and the United States," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 158(4), pages 1199-1230, November.
    28. Moon, Wanki, 2018. "The Lack of Dynamic Gains from Trade in Agriculture: Implications for Governing Agricultural Trade," 2018 Annual Meeting, February 2-6, 2018, Jacksonville, Florida 266613, Southern Agricultural Economics Association.
    29. Pedro Cavalcanti Ferreira & Alberto Trejos, 2022. "Trade and the propagation of global shocks," Economic Inquiry, Western Economic Association International, vol. 60(4), pages 1663-1680, October.
    30. Timothy J. Kehoe & Pau S. Pujolas & Jack Rossbach, 2018. "Improving the Analysis of Trade Policy," Economic Policy Paper 18-1, Federal Reserve Bank of Minneapolis.
    31. Mallick, Debdulal & Maqsood, Nabeel, 2022. "Capital-labor substitution and misallocation," MPRA Paper 115090, University Library of Munich, Germany.
    32. Heerman, Kari E.R., 2020. "Technology, ecology and agricultural trade," Journal of International Economics, Elsevier, vol. 123(C).
    33. Kohler Wilhelm & Jung Benjamin, 2017. "Wie vorteilhaft ist internationaler Handel?: Ein neuer Ansatz zur Vermessung der Gewinne," Perspektiven der Wirtschaftspolitik, De Gruyter, vol. 18(1), pages 32-55, April.

  10. Daniela Costa & Timothy J. Kehoe & Gajen Raveendranathan, 2016. "The Stages of Economic Growth Revisited: Part 1: A General Framework and Taking Off into Growth," Economic Policy Paper 16-5, Federal Reserve Bank of Minneapolis.

    Cited by:

    1. John A. Cotsomitis, 2022. "The Learning Economy Regime," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 13(1), pages 687-722, March.
    2. Juan Carlos Conesa & Pau S. Pujolas, 2019. "The Canadian productivity stagnation, 20022014," Canadian Journal of Economics, Canadian Economics Association, vol. 52(2), pages 561-583, May.
    3. J. Vernon Henderson & Adam Storeygard & David N. Weil, 2020. "Quality-adjusted Population Density," Discussion Papers Series, Department of Economics, Tufts University 0837, Department of Economics, Tufts University.
    4. Daniela Costa & Timothy J. Kehoe & Gajen Raveendranathan, 2016. "The Stages of Economic Growth Revisited, Part 2: Catching Up to and Joining the Economic Leader," Economic Policy Paper 16-6, Federal Reserve Bank of Minneapolis.

  11. Timothy J. Kehoe & Pau S. Pujolas & Kim J. Ruhl, 2016. "The Opportunity Costs of Entrepreneurs in International Trade," Staff Report 533, Federal Reserve Bank of Minneapolis.

    Cited by:

    1. Mădălina-Gabriela ANGHEL & Ștefan Virgil IACOB & Dragoș Alexandru HAȘEGAN, 2020. "The analysis of the international trade of Romania," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(1(622), S), pages 183-200, Spring.
    2. Gáfaro, Margarita & Pellegrina, Heitor S., 2022. "Trade, farmers’ heterogeneity, and agricultural productivity: Evidence from Colombia," Journal of International Economics, Elsevier, vol. 137(C).
    3. Margarita Gafaro & Heitor S. Pellegrina, 2018. "Market access, agricultural productivity and selection into trade: evidence from Colombia," Borradores de Economia 1050, Banco de la Republica de Colombia.

  12. Jose Asturias & Sewon Hur & Timothy J. Kehoe & Kim J. Ruhl, 2015. "The Interaction and Sequencing of Policy Reforms," Staff Report 521, Federal Reserve Bank of Minneapolis.

    Cited by:

    1. Jose Asturias & Sewon Hur & Timothy J. Kehoe & Kim J. Ruhl, 2023. "Firm Entry and Exit and Aggregate Growth," American Economic Journal: Macroeconomics, American Economic Association, vol. 15(1), pages 48-105, January.
    2. Bernabe Lopez-Martin & David Perez-Reyna, 2021. "Contracts, Firm Dynamics, and Aggregate Productivity," Working Papers Central Bank of Chile 910, Central Bank of Chile.
    3. Yan Bai & Keyu Jin & Dan Lu, 2019. "Misallocation Under Trade Liberalization," NBER Working Papers 26188, National Bureau of Economic Research, Inc.
    4. Elena Cefis & Cristina Bettinelli & Alex Coad & Orietta Marsili, 2022. "Understanding firm exit: a systematic literature review," Small Business Economics, Springer, vol. 59(2), pages 423-446, August.
    5. David Kohn & Fernando Leibovici & Michal Szkup, 2020. "No Credit, No Gain: Trade Liberalization Dynamics, Production Inputs, and Financial Development," Documentos de Trabajo 553, Instituto de Economia. Pontificia Universidad Católica de Chile..
    6. Ferrari, Alessandro, 2023. "Losers amongst the Losers:," Research in Economics, Elsevier, vol. 77(1), pages 34-59.
    7. Jin, Keyu, 2019. "Misallocation Under Trade Liberalization," CEPR Discussion Papers 13976, C.E.P.R. Discussion Papers.
    8. Clemens Buchen, 2023. "Institutional reform paths," Economics and Politics, Wiley Blackwell, vol. 35(3), pages 1099-1121, November.
    9. Cacciatore, Matteo & Duval, Romain & Fiori, Giuseppe & Ghironi, Fabio, 2016. "Market reforms in the time of imbalance," Journal of Economic Dynamics and Control, Elsevier, vol. 72(C), pages 69-93.
    10. Ferrari, Alessandro, 2020. "Losers amongst the losers: the welfare effects of the Great Recession across cohorts," Working Paper Series 2509, European Central Bank.
    11. Ivan Ajdukovic & Sylvain Max & Rodolphe Perchot & Eli Spiegelman, 2018. "The Economic Psychology of Gabriel Tarde: Something new for behavioral economics?," Journal of Behavioral Economics for Policy, Society for the Advancement of Behavioral Economics (SABE), vol. 2(1), pages 5-11, March.
    12. Flavia Corneli, 2021. "Financial Integration Without Financial Development," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 49(2), pages 201-220, June.
    13. Laszlo Tetenyi, 2021. "Trade, Misallocation, and Capital Market Integration," Working Papers w202119, Banco de Portugal, Economics and Research Department.
    14. Sewon Hur, 2018. "The Lost Generation of the Great Recession," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 30, pages 179-202, October.
    15. Campos, Nauro F. & De Grauwe, Paul & Ji, Yuemei, 2023. "Structural reforms and economic performance: the experience of advanced economies," LSE Research Online Documents on Economics 120870, London School of Economics and Political Science, LSE Library.
    16. Daniela Costa & Timothy J. Kehoe & Gajen Raveendranathan, 2016. "The Stages of Economic Growth Revisited, Part 2: Catching Up to and Joining the Economic Leader," Economic Policy Paper 16-6, Federal Reserve Bank of Minneapolis.

  13. Timothy Kehoe & Sewon Hur & Kim Ruhl & Jose Asturias, 2015. "The Interaction of Entry Barriers and Financial Frictions in Growth," 2015 Meeting Papers 792, Society for Economic Dynamics.

    Cited by:

    1. Jeremy Greenwood & Juan M. Sanchez & Cheng Wang, 2010. "Quantifying the Impact of Financial Development on Economic Development," Economie d'Avant Garde Research Reports 17, Economie d'Avant Garde.
    2. Kohn, David & Leibovici, Fernando & Szkup, Michal, 2017. "Financial Frictions, Trade, and Misallocation," Research Department working papers 1106, CAF Development Bank Of Latinamerica.
    3. Manuel García-Santana & Roberto Ramos, 2015. "Distortions and the size distribution of plants: evidence from cross-country data," SERIEs: Journal of the Spanish Economic Association, Springer;Spanish Economic Association, vol. 6(3), pages 279-312, August.
    4. Paul Bergin & Ling Feng & Ching-Yi Lin, 2014. "Financial Frictions and Firm Dynamics," NBER Working Papers 20099, National Bureau of Economic Research, Inc.

  14. Juan Carlos Conesa & Timothy J. Kehoe, 2014. "Is It Too Late to Bail Out the Troubled Countries in the Eurozone?," Staff Report 497, Federal Reserve Bank of Minneapolis.

    Cited by:

    1. Jorge Alonso-Ortiz & Esteban Colla & José-María Da-Rocha, 2017. "The productivity cost of sovereign default: evidence from the European debt crisis," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 64(4), pages 611-633, December.
    2. Aloisio Araujo & Marcia Leon & Rafael Santos, 2016. "Bargained Haircuts and Debt Policy Implications," Working Papers Series 416, Central Bank of Brazil, Research Department.
    3. Roch, Francisco & Uhlig, Harald, 2018. "The dynamics of sovereign debt crises and bailouts," Journal of International Economics, Elsevier, vol. 114(C), pages 1-13.
    4. Stavros A. Zenios & Andrea Consiglio & Marialena Athanasopoulou & Edmund Moshammer & Angel Gavilan & Aitor Erce, 2021. "Risk Management for Sustainable Sovereign Debt Financing," Operations Research, INFORMS, vol. 69(3), pages 755-773, May.
    5. Ciżkowicz Piotr & Rzońca Andrzej & Torój Andrzej, 2019. "In Search of an Appropriate Lower Bound. The Zero Lower Bound vs. the Positive Lower Bound under Discretion and Commitment," German Economic Review, De Gruyter, vol. 20(4), pages 1028-1053, December.
    6. Daniel Levy & Tamir Mayer & Alon Raviv, 2022. "Economists in the 2008 Financial Crisis: Slow to See, Fast to Act," Working Paper series 22-04, Rimini Centre for Economic Analysis.
    7. Giancarlo Corsetti & Seung Hyun Maeng, 2020. "Debt crises, fast and slow," Discussion Papers 2019, Centre for Macroeconomics (CFM).
    8. Daniel Levy & Tamir Mayer & Alon Raviv, 2020. "Academic Scholarship in Light of the 2008 Financial Crisis: Textual Analysis of NBER Working Papers," Working Paper series 20-05, Rimini Centre for Economic Analysis.
    9. Siming Liu & Hewei Shen, 2021. "Online Appendix to "Fiscal Commitment and Sovereign Default Risk"," Online Appendices 18-490, Review of Economic Dynamics.
    10. Pásztor, Szabolcs, 2017. "Mozaikok Európa újraegyesüléséhez - az amerikai külpolitika és az európai multinacionális vállalatok szerepe. Berend T. Iván: The History of European Integration - A new perspective. Routledge, New Yo," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(2), pages 208-212.
    11. Giancarlo Corsetti, 2023. "Debt crises, fast and slow Giancarlo," RSCAS Working Papers 2023/15, European University Institute.
    12. Gonzalo Fernandez-de-Cordoba & Pau Pujolas & Jose Torres, 2017. "Fiscal Discipline and Defaults," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 24, pages 1-13, March.
    13. Corsetti, G. & Erce, A. & Uy, T., 2018. "Debt Sustainability and the Terms of Official Support," Cambridge Working Papers in Economics 1864, Faculty of Economics, University of Cambridge.
    14. Stangebye, Zachary R., 2020. "Beliefs and long-maturity sovereign debt," Journal of International Economics, Elsevier, vol. 127(C).
    15. Cassola, Nuno & Jorge, José, 2016. "The ECB's OMTs: A tale of governments, investors, and the central bank," Journal of International Money and Finance, Elsevier, vol. 65(C), pages 94-116.
    16. Juan Carlos Conesa & Timothy J. Kehoe, 2017. "Gambling for redemption and self-fulfilling debt crises," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 64(4), pages 707-740, December.
    17. Siming Liu & Hewei Shen, 2018. "Fiscal Commitment and Sovereign Default Risk," CAEPR Working Papers 2018-003, Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington.
    18. Marialena Athanasopoulou & Andrea Consiglio & Aitor Erce & Angel Gavilan & Edmund Moshammer & Stavros A. Zenios, 2019. "Risk Management for Sovereign Debt Financing with Sustainability Conditions," Globalization Institute Working Papers 367, Federal Reserve Bank of Dallas.
    19. Gabriel Desgranges & Ms. Celine Rochon, 2014. "Optimal Maturity Structure of Sovereign Debt in Situation of Near Default," IMF Working Papers 2014/168, International Monetary Fund.
    20. Zachary Stangebye, 2023. "Long-Term Sovereign Debt: A Steady State Analysis," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 48, pages 107-131, April.
    21. Giancarlo Corsetti & Seung Hyun Maeng, 2023. "The Theory of Reserve Accumulation, Revisited," RSCAS Working Papers 2013_53, European University Institute.
    22. Vitor Gaspar, 2014. "The Making of a Continental Financial System: Lessons for Europe from Early American History," IMF Working Papers 2014/183, International Monetary Fund.
    23. V. V. Chari & Patrick J. Kehoe, 2016. "Bailouts, Time Inconsistency, and Optimal Regulation: A Macroeconomic View," American Economic Review, American Economic Association, vol. 106(9), pages 2458-2493, September.

  15. Timothy J. Kehoe & Jack Rossbach & Kim J. Ruhl, 2013. "Using the new products margin to predict the industry-level impact of trade reform," Staff Report 492, Federal Reserve Bank of Minneapolis.

    Cited by:

    1. Steinberg, Joseph B., 2019. "Brexit and the macroeconomic impact of trade policy uncertainty," Journal of International Economics, Elsevier, vol. 117(C), pages 175-195.
    2. Rodrigo Adão & Costas Arkolakis & Sharat Ganapati, 2020. "Aggregate Implications of Firm Heterogeneity: A Nonparametric Analysis of Monopolistic Competition Trade Models," Working Papers 2020-161, Becker Friedman Institute for Research In Economics.
    3. Chingunjav Amarsanaa & Yoshinori Kurokawa, 2021. "The Extensive Margin of International Trade in a Transition Economy: The Case of Mongolia," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 63(4), pages 648-673, December.
    4. Falvey, Rod & Foster-McGregor, Neil, 2019. "The breadth of preferential trade agreements and the margins of exports," MERIT Working Papers 2019-012, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    5. Anson Soderbery, 2021. "Trade restrictiveness indexes and welfare: A structural approach," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 54(3), pages 1018-1045, November.
    6. Zhe Chen & Yoshinori Kurokawa, 2023. "The Value Added-Exports Puzzle and Global Value Chains," Tsukuba Economics Working Papers 2023-001, Faculty of Humanities and Social Sciences, University of Tsukuba.
    7. Baier, Scott L. & Yotov, Yoto V. & Zylkin, Thomas, 2019. "On the widely differing effects of free trade agreements: Lessons from twenty years of trade integration," Journal of International Economics, Elsevier, vol. 116(C), pages 206-226.
    8. Delahaye, Elliot & Milot, Catherine, 2020. "Measuring the UK Economy’s Armington Elasticities," Conference papers 333170, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    9. Cavallari, Lilia & D'Addona, Stefano, 2017. "Output stabilization in fixed and floating regimes: Does trade of new products matter?," Economic Modelling, Elsevier, vol. 64(C), pages 365-383.
    10. Arjad Abbas Khosa & Yoshinori Kurokawa & Zhengfei Yu, 2021. "Impact of Trade on Industry-Level Output," Tsukuba Economics Working Papers 2021-003, Faculty of Humanities and Social Sciences, University of Tsukuba.
    11. Timothy J. Kehoe & Pau S. Pujolas & Jack Rossbach, 2018. "Improving the Analysis of Trade Policy," Economic Policy Paper 18-1, Federal Reserve Bank of Minneapolis.
    12. Carter Mix, 2023. "The Dynamic Effects Of Multilateral Trade Policy With Export Churning," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 64(2), pages 653-689, May.

  16. Timothy J. Kehoe & Kim J. Ruhl & Joe Steinberg, 2013. "Global imbalances and structural change in the United States," Staff Report 489, Federal Reserve Bank of Minneapolis.

    Cited by:

    1. Díaz, Antonia & Franjo, Luis, 2016. "Capital goods, measured TFP and growth: The case of Spain," European Economic Review, Elsevier, vol. 83(C), pages 19-39.
    2. Alessandro Barattieri, 2022. "Asymmetric trade liberalizations and current account dynamics," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 55(2), pages 905-936, May.
    3. Joseph Steinberg, 2018. "The Macroeconomic Impact of NAFTA Termination," 2018 Meeting Papers 753, Society for Economic Dynamics.
    4. Daniel R. Carroll & Sewon Hur, 2019. "On the Heterogeneous Welfare Gains and Losses from Trade," Working Papers 19-06R2, Federal Reserve Bank of Cleveland.
    5. Joseph Steinberg, 2017. "Online Appendix to "International Portfolio Diversification and the Structure of Global Production"," Online Appendices 16-74, Review of Economic Dynamics.
    6. Michael Sposi, 2015. "Evolving comparative advantage, sectoral linkages, and structural change," Globalization Institute Working Papers 231, Federal Reserve Bank of Dallas.
    7. Rafael Dix-Carneiro & João Paulo Pessoa & Ricardo Reyes-Heroles & Sharon Traiberman, 2023. "Globalization, Trade Imbalances, and Labor Market Adjustment," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 138(2), pages 1109-1171.
    8. Michael Sposi, 2019. "Demographics and the Evolution of Global Imbalances," Departmental Working Papers 1906, Southern Methodist University, Department of Economics.
    9. Ctirad Slavík & Hakki Yazici, 2022. "Wage Risk and the Skill Premium," The Economic Journal, Royal Economic Society, vol. 132(646), pages 2207-2230.
    10. Luisito Bertinelli & Olivier Cardi & Romain Restout, 2021. "Labor Market Effects of Technology Shocks Biased toward the Traded Sector," Working Papers 342990229, Lancaster University Management School, Economics Department.
    11. Ngai, Liwa Rachel & Sevinc, Orhun, 2020. "A Multisector Perspective on Wage Stagnation," CEPR Discussion Papers 14855, C.E.P.R. Discussion Papers.
    12. Sam Kortum & John Romalis & Brent Neiman & Jonathan Eaton, 2010. "Trade and the Global Recession," 2010 Meeting Papers 1340, Society for Economic Dynamics.
    13. Samuel Kortum & Brent Neiman & Jonathan Eaton, 2016. "Obstfeld and Rogoff's International Macro Puzzles: A Quantitative Assessment," 2016 Meeting Papers 772, Society for Economic Dynamics.
    14. Logan T. Lewis & Ryan Monarch & Michael Sposi & Jing Zhang, 2020. "Structural Change and Global Trade," Working Paper Series WP-2020-25, Federal Reserve Bank of Chicago.
    15. B. Ravikumar & Ana Maria Santacreu & Michael Sposi, 2018. "Capital Accumulation and Dynamic Gains from Trade," Departmental Working Papers 1810, Southern Methodist University, Department of Economics.
    16. Bekkers, Eddy, 2019. "Challenges to the trade system: The potential impact of changes in future trade policy," Journal of Policy Modeling, Elsevier, vol. 41(3), pages 489-506.
    17. Steinberg, Joseph B., 2019. "Brexit and the macroeconomic impact of trade policy uncertainty," Journal of International Economics, Elsevier, vol. 117(C), pages 175-195.
    18. Ricardo Reyes-Heroles, 2017. "The Role of Trade Costs in the Surge of Trade Imbalances," 2017 Meeting Papers 212, Society for Economic Dynamics.
    19. Rafael Dix-Carneiro & Sharon Traiberman, 2022. "Globalization, Trade Imbalances and Inequality," NBER Working Papers 30188, National Bureau of Economic Research, Inc.
    20. Bacchetta, Marc & Bekkers, Eddy & Piermartini, Roberta & Rubinova, Stela & Stolzenburg, Victor & Xu, Ankai, 2021. "COVID-19 and global value chains: A discussion of arguments on value chain organization and the role of the WTO," WTO Staff Working Papers ERSD-2021-3, World Trade Organization (WTO), Economic Research and Statistics Division.
    21. Jacek Rothert & Jacob Short, 2014. "Non-Traded Goods and Capital Flows to Developing Countries," Departmental Working Papers 47, United States Naval Academy Department of Economics.
    22. Juan Carlos Conesa & Matthew J. Delventhal & Pau S. Pujolas & Gajendran Raveendranathan, 2019. "Trade and Catching Up to the Industrial Leader," Department of Economics Working Papers 2019-12, McMaster University.
    23. Javier Cravino & Sebastian Sotelo, 2017. "Trade-Induced Structural Change and the Skill Premium," Working Papers 658, Research Seminar in International Economics, University of Michigan.
    24. Daniel R. Carroll & Sewon Hur, 2020. "On the Distributional Effects of International Tariffs," Working Papers 20-18R2, Federal Reserve Bank of Cleveland, revised 13 Feb 2023.
    25. William Bednar & Nick Pretnar, 2019. "Home Production with Time to Consume," 2019 Meeting Papers 328, Society for Economic Dynamics.
    26. Robert Z. Lawrence & Lawrence Edwards, 2013. "US Employment Deindustrialization: Insights from History and the International Experience," Policy Briefs PB13-27, Peterson Institute for International Economics.
    27. Michele Boldrin & Carlos Garriga & Adrian Peralta-Alva & Juan M. Sanchez, 2020. "Reconstructing the Great Recession," Review, Federal Reserve Bank of St. Louis, vol. 102(3), pages 271-311, July.
    28. Ricardo Reyes-Heroles, 2018. "Globalization and Structural Change in the United States: A Quantitative Assessment," 2018 Meeting Papers 1027, Society for Economic Dynamics.
    29. Douglas L. Campbell, 2017. "Relative Prices and Hysteresis: Evidence from US Manufacturing," Working Papers w0212, Center for Economic and Financial Research (CEFIR).
    30. Aristizabal-Ramirez, Maria & Leahy, John & Tesar, Linda L., 2023. "A north-south model of structural change and growth," Journal of Monetary Economics, Elsevier, vol. 133(C), pages 77-102.
    31. George Alessandria & Horag Choi & Dan Lu, 2017. "Trade Integration and the Trade Balance in China," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 65(3), pages 633-674, August.
    32. Kaboski, Joseph & Buera, Francisco & Mestieri, Martí & O'Connor, Daniel, 2022. "The Stable Transformation Path," CEPR Discussion Papers 15351, C.E.P.R. Discussion Papers.
    33. Eddy Bekkers & Michael Landesmann & Indre Macskasi, 2017. "Trade in Services versus Trade in Manufactures: The Relation between the Role of Tacit Knowledge, the Scope for Catch up, and Income Elasticity," wiiw Working Papers 139, The Vienna Institute for International Economic Studies, wiiw.
    34. Khan, Muhammad Aamir, 2020. "Cross sectoral linkages to explain structural transformation in Nepal," Structural Change and Economic Dynamics, Elsevier, vol. 52(C), pages 221-235.
    35. Alessandria, George & Choi, Horag, 2021. "The dynamics of the U.S. trade balance and real exchange rate: The J curve and trade costs?," Journal of International Economics, Elsevier, vol. 132(C).
    36. Hansen, Erwin & Wagner, Rodrigo, 2022. "The reinvestment by multinationals as a capital flow: Crises, imbalances, and the cash-based current account," Journal of International Money and Finance, Elsevier, vol. 124(C).
    37. Ryan Monarch & Jing Zhang & Logan Lewis, 2017. "Structural Change and Slowdown of International Trade," 2017 Meeting Papers 1542, Society for Economic Dynamics.
    38. Comunale, Mariarosaria & Felice, Giulia, 2022. "Trade and structural change: An empirical investigation," International Economics, Elsevier, vol. 171(C), pages 58-79.
    39. Riccardo Fiorentini, 2019. "The persisting US trade deficit Is protectionism the right answer?," Working Papers 03/2019, University of Verona, Department of Economics.
    40. Joseph B. Steinberg, 2018. "Online Appendix to "On the Source of U.S. Trade Deficits: Global Saving Glut or Domestic Saving Drought?"," Online Appendices 16-198, Review of Economic Dynamics.
    41. Michael Sposi & Ana Maria Santacreu & B Ravikumar, 2016. "Capital Accumulation and Welfare Gains from Trade," 2016 Meeting Papers 1637, Society for Economic Dynamics.
    42. Sewon Hur, 2023. "The Distributional Effects Of Covid‐19 And Optimal Mitigation Policies," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 64(1), pages 261-294, February.
    43. Song, Hengxu & Yang, Zhongchao & Zhou, Yue, 2023. "Upstream subsidy or downstream subsidy? A quantitative analysis of credit subsidy in China," Economic Modelling, Elsevier, vol. 129(C).
    44. Herkenhoff, Philipp & Sauré, Philip, 2021. "How expected inflation distorts the current account and the valuation effect," European Economic Review, Elsevier, vol. 135(C).
    45. Timothy J. Kehoe & Kim J. Ruhl & Joe Steinberg, 2013. "What will happen when foreigners stop lending to the United States?," Economic Policy Paper 13-4, Federal Reserve Bank of Minneapolis.
    46. Betts, Caroline, 2021. "Accounting for Japan's Lost Score," MPRA Paper 109285, University Library of Munich, Germany.
    47. Caliendo, Lorenzo, 2023. "A comment on: Globalization, trade imbalances and inequality," Journal of Monetary Economics, Elsevier, vol. 133(C), pages 73-76.
    48. Haiping Zhang, 2023. "Trade‐induced sectoral upgrading and upstream financial flows," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 56(3), pages 859-896, August.
    49. Zhang, Ning, 2019. "Country portfolios under global imbalances," European Economic Review, Elsevier, vol. 119(C), pages 302-317.
    50. Xiameng Pan & Chang Sun, 2023. "Internal Migration, Remittances and Economic Development," CESifo Working Paper Series 10623, CESifo.
    51. M. Ershov V. & V. Tatuzov Yu. & A. Tanasova S. & М. Ершов В. & В. Татузов Ю. & А. Танасова С., 2018. "Итоги 2017 Года: Некоторые Тенденции В Динамике Ряда Мировых И Российских Финансовых Индикаторов // Results Of 2017: Some Trends In The Dynamics Of The World And Russian Financial Indicators," Финансы: теория и практика/Finance: Theory and Practice // Finance: Theory and Practice, ФГОБУВО Финансовый университет при Правительстве Российской Федерации // Financial University under The Government of Russian Federation, vol. 22(2), pages 38-53.
    52. Bekkers, Eddy & Schroeter, Sofia, 2020. "An economic analysis of the US-China trade conflict," WTO Staff Working Papers ERSD-2020-04, World Trade Organization (WTO), Economic Research and Statistics Division.
    53. Jacek Rothert & Jacob Short, 2023. "Non-Traded Goods, Factor Markets Frictions, and International Capital Flows," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 48, pages 158-177, April.
    54. Bednar, W.L. & Pretnar, Nick, 2023. "Structural Change with Time to Consume," MPRA Paper 118167, University Library of Munich, Germany.
    55. Larysa Yakymova, 2020. "General Patterns and Drivers of Changes in Employment Structure: Evidence from Five European Countries," Scientific Annals of Economics and Business (continues Analele Stiintifice), Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, vol. 67(3), pages 333-362, September.
    56. Inagaki, Kazuyuki, 2021. "How are the international capital flows of rapidly aging countries affected by the elderly working longer?," Economic Modelling, Elsevier, vol. 97(C), pages 285-297.
    57. Alessandro Barattieri, 2011. "Comparative Advantage, Service Trade, and Global Imbalances," Cahiers de recherche 1134, CIRPEE.
    58. Houldsworth, Elizabeth & Marra, Marianna & Brewster, Chris & Brookes, Michael & Wood, Geoffrey, 2021. "Performance appraisal and MNEs: The impact of different capitalist archetypes," International Business Review, Elsevier, vol. 30(5).
    59. Alvarez, Fernando, 2017. "Capital accumulation and international trade," Journal of Monetary Economics, Elsevier, vol. 91(C), pages 1-18.
    60. Peter A. Petri & Michael G. Plummer, 2016. "The Economic Effects of the Trans-Pacific Partnership: New Estimates," Working Paper Series WP16-2, Peterson Institute for International Economics.
    61. Marian Leimbach & Nico Bauer, 2022. "Capital markets and the costs of climate policies," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 24(3), pages 397-420, July.
    62. Talan İşcan, 2015. "Windfall Resource Income, Productivity Growth, and Manufacturing Employment," Open Economies Review, Springer, vol. 26(2), pages 279-311, April.
    63. Piton, Sophie, 2021. "Economic integration and unit labour costs," European Economic Review, Elsevier, vol. 136(C).
    64. Brian Reinbold & Yi Wen, 2018. "Understanding the Trade Imbalance and Employment Decline in U.S. Manufacturing," Economic Synopses, Federal Reserve Bank of St. Louis, issue 15, pages 1-3.

  17. Timothy J. Kehoe & Kim J. Ruhl & Joe Steinberg, 2013. "What will happen when foreigners stop lending to the United States?," Economic Policy Paper 13-4, Federal Reserve Bank of Minneapolis.

    Cited by:

    1. Jacek Rothert & Andy Glover & Ayse Kabukcuoglu Dur, 2023. "Winners and losers from reducing global imbalances," GRAPE Working Papers 80, GRAPE Group for Research in Applied Economics.

  18. Kim Ruhl & Jack Rossbach & Timothy Kehoe, 2013. "Using the New Products Margin to Predict the Sectoral Impact of Trade Reform," 2013 Meeting Papers 1227, Society for Economic Dynamics.

    Cited by:

    1. Falvey, Rod & Foster-McGregor, Neil, 2019. "The breadth of preferential trade agreements and the margins of exports," MERIT Working Papers 2019-012, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).

  19. Cristina Arellano & Juan Carlos Conesa & Timothy J. Kehoe, 2012. "Chronic sovereign debt crises in the Eurozone, 2010-2012," Economic Policy Paper 12-4, Federal Reserve Bank of Minneapolis.

    Cited by:

    1. Adler, Gustavo & Lizarazo, Sandra, 2015. "Intertwined sovereign and bank solvencies in a simple model of self-fulfilling crisis," International Review of Economics & Finance, Elsevier, vol. 39(C), pages 428-448.
    2. Jorge Alonso-Ortiz & Esteban Colla & José-María Da-Rocha, 2017. "The productivity cost of sovereign default: evidence from the European debt crisis," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 64(4), pages 611-633, December.
    3. Athreye, Suma & Saeed, Abubakr & Baloch, Muhammad Saad, 2021. "Financial crisis of 2008 and outward foreign investments from China and India," Journal of World Business, Elsevier, vol. 56(3).
    4. Spatareanu, Mariana & Manole, Vlad & Kabiri, Ali, 2019. "Do bank liquidity shocks hamper firms’ innovation?," International Journal of Industrial Organization, Elsevier, vol. 67(C).
    5. Cardillo, Giovanni & Onali, Enrico & Torluccio, Giuseppe, 2021. "Does gender diversity on banks' boards matter? Evidence from public bailouts," Journal of Corporate Finance, Elsevier, vol. 71(C).
    6. Timothy J. Kehoe & Kim J. Ruhl & Joseph B. Steinberg, 2013. "Global Imbalances and Structural Change in the United States," NBER Working Papers 19339, National Bureau of Economic Research, Inc.
    7. Gonzalo Fernandez-de-Cordoba & Pau Pujolas & Jose Torres, 2017. "Fiscal Discipline and Defaults," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 24, pages 1-13, March.
    8. Mirdala, Rajmund & Ruščáková, Anna, 2015. "On Origins and Implications of the Sovereign Debt Crisis in the Euro Area," MPRA Paper 68859, University Library of Munich, Germany.
    9. Corsetti, G. & Erce, A. & Uy, T., 2018. "Debt Sustainability and the Terms of Official Support," Cambridge Working Papers in Economics 1864, Faculty of Economics, University of Cambridge.
    10. Gonzalo F. de-Córdoba & Benedetto Molinari & José L. Torres, 2021. "Public Debt Frontier: A Python Toolkit for Analyzing Public Debt Sustainability," Sustainability, MDPI, vol. 13(23), pages 1-25, November.
    11. Arai, Real & Naito, Katsuyuki & Ono, Tetsuo, 2018. "Intergenerational policies, public debt, and economic growth: A politico-economic analysis," Journal of Public Economics, Elsevier, vol. 166(C), pages 39-52.
    12. Juan Carlos Conesa & Timothy J. Kehoe, 2017. "Gambling for redemption and self-fulfilling debt crises," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 64(4), pages 707-740, December.
    13. Timothy J. Kehoe & Kim J. Ruhl & Joe Steinberg, 2013. "What will happen when foreigners stop lending to the United States?," Economic Policy Paper 13-4, Federal Reserve Bank of Minneapolis.
    14. Gonzalo F. de-Córdoba & José L. Torres, 2016. "Public debt frontiers: The Greek case," Working Papers 2016-03, Universidad de Málaga, Department of Economic Theory, Málaga Economic Theory Research Center.
    15. Gustavo Adler, 2012. "Intertwined Sovereign and Bank Solvencies in a Model of Self-Fulfilling Crisis," IMF Working Papers 2012/178, International Monetary Fund.
    16. Gonzalo F. de-Córdoba & Benedetto Molinari & José L. Torres, 2018. "Public Debt Frontier. A toolkit for analyzing fiscal policy and debt sustainability," Working Paper series 18-36, Rimini Centre for Economic Analysis.

  20. Juan Carlos Conesa & Timothy J. Kehoe, 2012. "Gambling for redemption and self-fulfilling debt crises," Staff Report 465, Federal Reserve Bank of Minneapolis.

    Cited by:

    1. Adler, Gustavo & Lizarazo, Sandra, 2015. "Intertwined sovereign and bank solvencies in a simple model of self-fulfilling crisis," International Review of Economics & Finance, Elsevier, vol. 39(C), pages 428-448.
    2. Jorge Alonso-Ortiz & Esteban Colla & José-María Da-Rocha, 2017. "The productivity cost of sovereign default: evidence from the European debt crisis," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 64(4), pages 611-633, December.
    3. Roch, Francisco & Uhlig, Harald, 2018. "The dynamics of sovereign debt crises and bailouts," Journal of International Economics, Elsevier, vol. 114(C), pages 1-13.
    4. Yener, Haluk & Soybilgen, Barış & Stengos, Thanasis, 2020. "A general model for financial crises: An application to eurozone crisis," International Review of Economics & Finance, Elsevier, vol. 70(C), pages 202-229.
    5. Cornand, Camille & Gandré, Pauline & Gimet, Céline, 2016. "Increase in home bias in the Eurozone debt crisis: The role of domestic shocks," Economic Modelling, Elsevier, vol. 53(C), pages 445-469.
    6. Joao Ayres & Gaston Navarro & Juan Pablo Nicolini & Pedro Teles, 2015. "Sovereign Default: The Role of Expectations," Working Papers 723, Federal Reserve Bank of Minneapolis.
    7. Stavros A. Zenios & Andrea Consiglio & Marialena Athanasopoulou & Edmund Moshammer & Angel Gavilan & Aitor Erce, 2021. "Risk Management for Sustainable Sovereign Debt Financing," Operations Research, INFORMS, vol. 69(3), pages 755-773, May.
    8. Michal Szkup, 2020. "Online Appendix to "Preventing Self-Fulfilling Debt Crises: A Global Games Approach"," Online Appendices 19-127, Review of Economic Dynamics.
    9. Alessandro Dovis & Luigi Bocola, 2015. "Indeterminacy in Sovereign Debt Markets: An Empirical Investigation," 2015 Meeting Papers 694, Society for Economic Dynamics.
    10. Galli, Carlo, 2021. "Self-fulfilling debt crises, fiscal policy and investment," Journal of International Economics, Elsevier, vol. 131(C).
    11. Joao Ayres & Gaston Navarro & Juan Pablo Nicolini & Pedro Teles, 2019. "Self-Fulfilling Debt Crises with Long Stagnations," Working Papers 757, Federal Reserve Bank of Minneapolis.
    12. Pancrazi, Roberto & Seoane, Hernan D & Vukotic, Marija, 2015. "Sovereign Risk, Private Credit, and Stabilization Policies," The Warwick Economics Research Paper Series (TWERPS) 1069, University of Warwick, Department of Economics.
    13. Catherine Bruneau & Anne-Laure Delatte & Julien Fouquau, 2012. "Is the European sovereign crisis self-fulfilling ? Empirical evidence about the drivers of market sentiments," Documents de Travail de l'OFCE 2012-22, Observatoire Francais des Conjonctures Economiques (OFCE).
    14. Stefan Niemann & Paul Pichler, 2017. "Optimal fiscal policy and sovereign debt crises," Working Papers 218, Oesterreichische Nationalbank (Austrian Central Bank).
    15. Fernando Broner & Aitor Erce & Alberto Martin & Jaume Ventura, 2013. "Sovereign Debt Markets in Turbulent Times: Creditor Discrimination and Crowding-Out Effects," NBER Working Papers 19676, National Bureau of Economic Research, Inc.
    16. Philippe Bacchetta & Elena Perazzi & Eric van Wincoop, 2015. "Self-Fulfilling Debt Crises: Can Monetary Policy Really Help?," Cahiers de Recherches Economiques du Département d'économie 15.06, Université de Lausanne, Faculté des HEC, Département d’économie.
    17. Juan Carlos Conesa & Timothy J. Kehoe, 2014. "Is It Too Late to Bail Out the Troubled Countries in the Eurozone?," NBER Working Papers 19909, National Bureau of Economic Research, Inc.
    18. Guido Lorenzoni & Ivan Werning, 2013. "Slow Moving Debt Crises," NBER Working Papers 19228, National Bureau of Economic Research, Inc.
    19. Javier Bianchi & Jorge Mondragon, 2018. "Rollover Crises and Currency Unions," 2018 Meeting Papers 1215, Society for Economic Dynamics.
    20. Szkup, Michal, 2017. "Preventing Self-fulfilling debt crises," MPRA Paper 82754, University Library of Munich, Germany.
    21. ,, 2018. "Financial Policy," CEPR Discussion Papers 12755, C.E.P.R. Discussion Papers.
    22. Alonso-Ortiz, Jorge & Colla, Esteban & Da-Rocha, Jose-Maria, 2014. "Bounding the productivity default shock : Evidence from the The European Sovereign Debt Crisis," MPRA Paper 59617, University Library of Munich, Germany.
    23. Yan Bai & Jing Zhang, 2009. "Duration of Sovereign Debt Renegotiation," Working Papers 593, Research Seminar in International Economics, University of Michigan.
    24. Giancarlo Corsetti, 2023. "Debt crises, fast and slow Giancarlo," RSCAS Working Papers 2023/15, European University Institute.
    25. Javier Bianchi, 2019. "Monetary Independence and Rollover Crises," 2019 Meeting Papers 1367, Society for Economic Dynamics.
    26. Cristina Arellano & Juan Carlos Conesa & Timothy J. Kehoe, 2012. "Chronic sovereign debt crises in the Eurozone, 2010-2012," Economic Policy Paper 12-4, Federal Reserve Bank of Minneapolis.
    27. Mark A. Aguiar & Manuel Amador, 2018. "Self-Fulfilling Debt Dilution: Maturity and Multiplicity in Debt Models," NBER Working Papers 24683, National Bureau of Economic Research, Inc.
    28. Timothy J. Kehoe & Kim J. Ruhl & Joseph B. Steinberg, 2013. "Global Imbalances and Structural Change in the United States," NBER Working Papers 19339, National Bureau of Economic Research, Inc.
    29. Gonzalo Fernandez-de-Cordoba & Pau Pujolas & Jose Torres, 2017. "Fiscal Discipline and Defaults," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 24, pages 1-13, March.
    30. Chamley, Christophe & Pinto, Brian, 2012. "Sovereign bailouts and senior loans," Policy Research Working Paper Series 6181, The World Bank.
    31. Corsetti, G. & Maeng, S. H., 2023. "The Theory of Reserve Accumulation, Revisited," Janeway Institute Working Papers 2319, Faculty of Economics, University of Cambridge.
    32. Corsetti, G. & Erce, A. & Uy, T., 2018. "Debt Sustainability and the Terms of Official Support," Cambridge Working Papers in Economics 1864, Faculty of Economics, University of Cambridge.
    33. Doemeland,Doerte & Estevão,Marcello & Jooste,Charl & Sampi Bravo,James Robert Ezequiel & Tsiropoulos,Vasileios, 2022. "Debt Vulnerability Analysis : A Multi-Angle Approach," Policy Research Working Paper Series 9929, The World Bank.
    34. Corsetti, G. & Maeng, S. H., 2023. "The Theory of Reserve Accumulation, Revisited," Cambridge Working Papers in Economics 2370, Faculty of Economics, University of Cambridge.
    35. Zilibotti, Fabrizio & Storesletten, Kjetil & Müller, Andreas, 2015. "Sovereign Debt and Structural Reforms," CEPR Discussion Papers 10588, C.E.P.R. Discussion Papers.
    36. Mitchener, Kris & Trebesch, Christoph, 2021. "Sovereign Debt in the 21st Century: Looking Backward, Looking Forward," CEPR Discussion Papers 15935, C.E.P.R. Discussion Papers.
    37. Cristina Arellano & Timothy J. Kehoe & Herakles Polemarchakis, 2017. "Introduction to the Special Issue on Models of Debt and Debt Crises," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 64(4), pages 605-610, December.
    38. Luigi Bocola & Alessandro Dovis, 2016. "Self-Fulfilling Debt Crises: A Quantitative Analysis," NBER Working Papers 22694, National Bureau of Economic Research, Inc.
    39. Stangebye, Zachary R., 2020. "Beliefs and long-maturity sovereign debt," Journal of International Economics, Elsevier, vol. 127(C).
    40. Timothy J. Kehoe & Kim J. Ruhl & Joe Steinberg, 2013. "What will happen when foreigners stop lending to the United States?," Economic Policy Paper 13-4, Federal Reserve Bank of Minneapolis.
    41. Stefan Niemann & Paul Pichler, 2020. "Online Appendix to "Optimal fiscal policy and sovereign debt crises"," Online Appendices 18-382, Review of Economic Dynamics.
    42. Gonzalo F. de-Córdoba & José L. Torres, 2016. "Public debt frontiers: The Greek case," Working Papers 2016-03, Universidad de Málaga, Department of Economic Theory, Málaga Economic Theory Research Center.
    43. Leonardo Martinez & Juan Hatchondo & Burhanettin Kuruscu & Bulent Guler, 2014. "Sovereign Bailouts," 2014 Meeting Papers 1278, Society for Economic Dynamics.
    44. Leo Kaas & Wei Cui, 2017. "Default Cycles," 2017 Meeting Papers 1288, Society for Economic Dynamics.
    45. Fernando Broner & Aitor Erce & Alberto Martin & Jaume Ventura, 2013. "Sovereign Debt Markets in Turbulent Times: Creditor Discrimination and Crowding-Out," IMF Working Papers 2013/270, International Monetary Fund.
    46. Marialena Athanasopoulou & Andrea Consiglio & Aitor Erce & Angel Gavilan & Edmund Moshammer & Stavros A. Zenios, 2019. "Risk Management for Sovereign Debt Financing with Sustainability Conditions," Globalization Institute Working Papers 367, Federal Reserve Bank of Dallas.
    47. Scheer, Alexander, 2015. "Debt consolidation with long-term debt," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 112874, Verein für Socialpolitik / German Economic Association.
    48. Alberola, Enrique & Cheng, Gong & Consiglio, Andrea & Zenios, Stavros A., 2023. "Unconventional monetary policy and debt sustainability in Japan," Journal of the Japanese and International Economies, Elsevier, vol. 69(C).
    49. Osband, Kent & Filoso, Valerio & Capasso, Salvatore, 2024. "The limits of limitless debt," Journal of Macroeconomics, Elsevier, vol. 79(C).
    50. Gabriel Desgranges & Ms. Celine Rochon, 2014. "Optimal Maturity Structure of Sovereign Debt in Situation of Near Default," IMF Working Papers 2014/168, International Monetary Fund.
    51. R. Anton Braun & Douglas H. Joines, 2014. "The Implications of a graying japan for government policy," FRB Atlanta Working Paper 2014-18, Federal Reserve Bank of Atlanta.
    52. Filippo Brutti & Philip Sauré, 2016. "Repatriation of Debt in the Euro Crisis," Journal of the European Economic Association, European Economic Association, vol. 14(1), pages 145-174.
    53. Juan Hernandez, 2018. "How International Reserves Reduce the Probability of Debt Crises," 2018 Meeting Papers 1203, Society for Economic Dynamics.
    54. Bacchetta, Philippe & Perazzi, Elena & van Wincoop, Eric, 2018. "Self-fulfilling debt crises: What can monetary policy do?," Journal of International Economics, Elsevier, vol. 110(C), pages 119-134.
    55. Bofinger, Peter & Schnabel, Isabel & Feld, Lars P. & Schmidt, Christoph M. & Wieland, Volker, 2015. "Zukunftsfähigkeit in den Mittelpunkt. Jahresgutachten 2015/16 [Focus on Future Viability. Annual Report 2015/16]," Annual Economic Reports / Jahresgutachten, German Council of Economic Experts / Sachverständigenrat zur Begutachtung der gesamtwirtschaftlichen Entwicklung, volume 127, number 201516.
    56. Gustavo Adler, 2012. "Intertwined Sovereign and Bank Solvencies in a Model of Self-Fulfilling Crisis," IMF Working Papers 2012/178, International Monetary Fund.
    57. Giancarlo Corsetti & Seung Hyun Maeng, 2023. "The Theory of Reserve Accumulation, Revisited," RSCAS Working Papers 2013_53, European University Institute.
    58. Choy, Swee Yew & Chit, Myint Moe & Teo, Wing Leong, 2021. "Sovereign credit ratings: Discovering unorthodox factors and variables," Global Finance Journal, Elsevier, vol. 48(C).
    59. Zachary Stangebye, 2016. "Lifetime-Laffer Curves and the Eurozone Crisis," 2016 Meeting Papers 63, Society for Economic Dynamics.
    60. Sergio de Ferra, 2017. "External Imbalances, Gross Capital Flows and Sovereign Debt Crises," 2017 Meeting Papers 726, Society for Economic Dynamics.
    61. Michal Szkup, 2015. "Preventing Self-Fulfilling Crises," 2015 Meeting Papers 1144, Society for Economic Dynamics.
    62. Vitor Gaspar, 2014. "The Making of a Continental Financial System: Lessons for Europe from Early American History," IMF Working Papers 2014/183, International Monetary Fund.
    63. Gonzalo F. de-Córdoba & Benedetto Molinari & José L. Torres, 2018. "Public Debt Frontier. A toolkit for analyzing fiscal policy and debt sustainability," Working Paper series 18-36, Rimini Centre for Economic Analysis.
    64. Lovleen Kushwah, 2020. "Country default in a monetary union," Working Papers 2020_19, Business School - Economics, University of Glasgow.
    65. Enrique Alberola-Ila & Gong Cheng & Andrea Consiglio & Stavros A. Zenios, 2022. "Debt sustainability and monetary policy: the case of ECB asset purchases," BIS Working Papers 1034, Bank for International Settlements.
    66. Christophe Chamley & Brian Pinto, 2012. "Sovereign Bailouts and Senior Loans," NBER Chapters, in: NBER International Seminar on Macroeconomics 2012, pages 269-291, National Bureau of Economic Research, Inc.
    67. Begoña Domínguez, 2020. "Sustaining Ramsey plans with one-period bonds," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 70(2), pages 387-410, September.
    68. Mark Aguiar & Manuel Amador, 2013. "Sovereign Debt: A Review," NBER Working Papers 19388, National Bureau of Economic Research, Inc.
    69. Stangebye, Zachary, 2015. "Dynamic Panics: Theory and Application to the Eurozone," MPRA Paper 69967, University Library of Munich, Germany.

  21. Timothy J. Kehoe & Felipe Meza, 2011. "Catch-up growth followed by stagnation: Mexico, 1950–2010," Working Papers 693, Federal Reserve Bank of Minneapolis.

    Cited by:

    1. Andrés Fernández & Ayşe İmrohoroğlu & Cesar E. Tamayo, 2019. "Saving Rates in Latin America: A Neoclassical Perspective," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 67(4), pages 791-823, December.
    2. Timothy Kehoe & Sewon Hur & Kim Ruhl & Jose Asturias, 2016. "The Interaction and Sequencing of Policy Reforms," 2016 Meeting Papers 316, Society for Economic Dynamics.
    3. Roberto Chang & Andrés Fernández & Adam Gulan, 2016. "Bond Finance, Bank Credit, and Aggregate Fluctuations in an Open Economy," NBER Working Papers 22377, National Bureau of Economic Research, Inc.
    4. Daniela Costa & Timothy J. Kehoe & Gajen Raveendranathan, 2016. "The Stages of Economic Growth Revisited: Part 1: A General Framework and Taking Off into Growth," Economic Policy Paper 16-5, Federal Reserve Bank of Minneapolis.
    5. Sangeeta Pratap & Carlos Urrutia & Felipe Meza, 2014. "Credit, Misallocation and TFP: The case of Mexico (2003-2010)," 2014 Meeting Papers 701, Society for Economic Dynamics.
    6. Felipe Meza & Sangeeta Pratap & Carlos Urrutia, 2014. "Credit, Sectoral Misallocation and TFP: The Case of Mexico 2003-2010," Working Papers 1402, Centro de Investigacion Economica, ITAM.
    7. De La Peña, Rogelio & García, Ignacio, 2023. "Untangling crises: GFC and COVID-19 through the lens of a DSGE model," Latin American Journal of Central Banking (previously Monetaria), Elsevier, vol. 4(2).
    8. Daniela Costa & Timothy J. Kehoe & Gajen Raveendranathan, 2016. "The Stages of Economic Growth Revisited, Part 2: Catching Up to and Joining the Economic Leader," Economic Policy Paper 16-6, Federal Reserve Bank of Minneapolis.
    9. Edmar Bacha & Regis Bonelli, 2015. "Coincident growth collapses: Brazil and Mexico since the early 1980s," Textos para Discussão 30, Instituto de Estudos de Política Econômica.

  22. Timothy J. Kehoe & Kim J. Ruhl, 2010. "Why have economic reforms in Mexico not generated growth?," Staff Report 453, Federal Reserve Bank of Minneapolis.

    Cited by:

    1. Italo Colantone & Rosario Crinò, 2011. "New Imported Inputs, New Domestic Products," Development Working Papers 312, Centro Studi Luca d'Agliano, University of Milano.
    2. Timothy Kehoe & Felipe Meza, 2011. "Catch-up Growth Followed by Stagnation: Mexico 1950–2008," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 48(2), pages 227-268.
    3. Peter Skott & Leopoldo Gomez-Ramirez, 2017. "Credit Constraints and Economic Growth in a Dual Economy," UMASS Amherst Economics Working Papers 2017-13, University of Massachusetts Amherst, Department of Economics.
    4. Blecker, Robert A. & Ibarra, Carlos A., 2013. "Trade liberalization and the balance of payments constraint with intermediate imports: The case of Mexico revisited," Structural Change and Economic Dynamics, Elsevier, vol. 25(C), pages 33-47.
    5. Susanto Basu, 2014. "Productivity and the Welfare of Nations," 2014 Meeting Papers 787, Society for Economic Dynamics.
    6. Syvertsen, Jennifer L. & Robertson, Angela M. & Rolón, María Luisa & Palinkas, Lawrence A. & Martinez, Gustavo & Rangel, M. Gudelia & Strathdee, Steffanie A., 2013. "“Eyes that don't see, heart that doesn't feel”: Coping with sex work in intimate relationships and its implications for HIV/STI prevention," Social Science & Medicine, Elsevier, vol. 87(C), pages 1-8.
    7. Susanto Basu & Luigi Pascali & Fabio Schiantarelli & Luis Serven, 2022. "Productivity and the Welfare of Nations," Journal of the European Economic Association, European Economic Association, vol. 20(4), pages 1647-1682.
    8. Jingyi Jiang & Kei-Mu Yi, 2015. "How Rich Will China Become?," Economic Policy Paper 15-5, Federal Reserve Bank of Minneapolis.
    9. Francisco Corona & Graciela González-Farías & Pedro Orraca, 2017. "A dynamic factor model for the Mexican economy: are common trends useful when predicting economic activity?," Latin American Economic Review, Springer;Centro de Investigaciòn y Docencia Económica (CIDE), vol. 26(1), pages 1-35, December.
    10. Padilla-Pérez, Ramón & Villarreal, Francisco G., 2017. "Structural change and productivity growth in Mexico, 1990–2014," Structural Change and Economic Dynamics, Elsevier, vol. 41(C), pages 53-63.
    11. Robert Blecker, 2014. "Structural Change, the Real Exchange Rate, and the Balance of Payments in Mexico, 1960-2012," Working Papers 2014-01, American University, Department of Economics.
    12. Murat Ungor, 2016. "Online Appendix to "Productivity Growth and Labor Reallocation: Latin America versus East Asia"," Online Appendices 11-273, Review of Economic Dynamics.
    13. Cabral, René & López Cabrera, Jesús Antonio & Padilla, Ramón, 2020. "Absolute convergence in manufacturing labour productivity in Mexico, 1993–2018: A spatial econometrics analysis at the state and municipal level," Estudios y Perspectivas – Sede Subregional de la CEPAL en México 46492, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    14. Leopoldo Gómez Ramírez, 2019. "Credit Constraints and Investment in Mexico, an Empirical Test," Remef - Revista Mexicana de Economía y Finanzas Nueva Época REMEF (The Mexican Journal of Economics and Finance), Instituto Mexicano de Ejecutivos de Finanzas, IMEF, vol. 14(3), pages 415-432, Julio - S.
    15. Anuar Sucar Díaz Ceballos, 2022. "Mexico's Economic Growth Quandary: Time for a Classical Development Theory Approach?," Economía: teoría y práctica, Universidad Autónoma Metropolitana, México, vol. 57(2), pages 17-44, Julio-Dic.
    16. Sánchez-Vela, Claudia & Valero-Gil, Jorge N., 2011. "The Effect of Firm-Size Dependent Policies on the Economy: The Case of the Repecos Law in Mexico," IDB Publications (Working Papers) 4549, Inter-American Development Bank.
    17. Hanushek, Eric A. & Wößmann, Ludger, 2012. "Schooling, educational achievement, and the Latin American growth puzzle," Munich Reprints in Economics 20399, University of Munich, Department of Economics.
    18. Oliwia Komada & Krzysztof Makarski & Joanna Tyrowicz, 2021. "Progressing towards efficiency: the role for labor tax progression in reforming social security," GRAPE Working Papers 57, GRAPE Group for Research in Applied Economics.
    19. Timothy Kehoe & Sewon Hur & Kim Ruhl & Jose Asturias, 2015. "The Interaction of Entry Barriers and Financial Frictions in Growth," 2015 Meeting Papers 792, Society for Economic Dynamics.
    20. Timothy J. Kehoe & Felipe Meza, 2011. "Catch-up Growth Followed by Stagnation: Mexico, 1950-2010," NBER Working Papers 17700, National Bureau of Economic Research, Inc.
    21. Daniela Costa & Timothy J. Kehoe & Gajen Raveendranathan, 2016. "The Stages of Economic Growth Revisited: Part 1: A General Framework and Taking Off into Growth," Economic Policy Paper 16-5, Federal Reserve Bank of Minneapolis.
    22. Oliwia Komada, 2023. "Raising America's future: search for optimal child-related transfers," GRAPE Working Papers 84, GRAPE Group for Research in Applied Economics.
    23. Pablo Mejía‐Reyes & Víctor Hugo Torres‐Preciado, 2020. "Determinants of Manufacturing Employment in the Mexican States, 2004–2017," Regional Science Policy & Practice, Wiley Blackwell, vol. 12(2), pages 303-318, April.
    24. Desmet, Klaus & Rossi-Hansberg, Esteban, 2014. "Analyzing urban systems : have megacities become too large ?," Policy Research Working Paper Series 6872, The World Bank.
    25. Barry Eichengreen & Donghyun Park & Kwanho Shin, 2011. "When Fast Growing Economies Slow Down: International Evidence and Implications for China," NBER Working Papers 16919, National Bureau of Economic Research, Inc.
    26. Ariel Burstein & Javier Cravino, 2012. "Measured Aggregate Gains from International Trade," NBER Working Papers 17767, National Bureau of Economic Research, Inc.
    27. Xiaodong Zhu, 2012. "Understanding China's Growth: Past, Present, and Future," Journal of Economic Perspectives, American Economic Association, vol. 26(4), pages 103-124, Fall.
    28. A. A. Gnidchenko, 2017. "Import substitution as a complementary strategy," Studies on Russian Economic Development, Springer, vol. 28(6), pages 593-599, November.
    29. Sebastián Bustos & Jose Morales‐Arilla, 2024. "Gains from globalization and economic nationalism: AMLO versus NAFTA in the 2006 Mexican elections," Economics and Politics, Wiley Blackwell, vol. 36(1), pages 202-244, March.
    30. Foellmi, Reto & Oechslin, Manuel, 2019. "Harmful Pro-Competitive Effects of Trade in Presence of Credit Market Frictions," CEPR Discussion Papers 13538, C.E.P.R. Discussion Papers.
    31. Torre Cepeda, Leonardo E. & Ramos, Luis Fernando Colunga, 2015. "Patterns of TFP growth in Mexico: 1991–2011," The North American Journal of Economics and Finance, Elsevier, vol. 34(C), pages 398-420.
    32. Foellmi, Reto & Oechslin, Manuel, 2012. "Globalization and Productivity in the Developing World," Economics Working Paper Series 1203, University of St. Gallen, School of Economics and Political Science.
    33. Padilla-Pérez, Ramón & Villarreal, Francisco G., 2014. "An unfinished business: Economic liberalization and structural change in Mexico," MPRA Paper 57573, University Library of Munich, Germany.
    34. Daniela Costa & Timothy J. Kehoe & Gajen Raveendranathan, 2016. "The Stages of Economic Growth Revisited, Part 2: Catching Up to and Joining the Economic Leader," Economic Policy Paper 16-6, Federal Reserve Bank of Minneapolis.
    35. Guanghua Wan & Peter J. Morgan & Justin Yifu Lin & Guanghua Wan & Peter J. Morgan, 2016. "Factors Affecting the Outlook for Medium-term to Long-term Growth in China," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 24(5), pages 20-41, September.
    36. Heron Rios, 2023. "Capital Misallocation and Economic Development in a Dynamic Open Economy," UB School of Economics Working Papers 2023/455, University of Barcelona School of Economics.
    37. Edmar Bacha & Regis Bonelli, 2015. "Coincident growth collapses: Brazil and Mexico since the early 1980s," Textos para Discussão 30, Instituto de Estudos de Política Econômica.
    38. Colunga Ramos Luis Fernando & Torre Cepeda Leonardo E., 2015. "Patterns of Total Factor Productivity Growth in Mexico: 1991-2011," Working Papers 2015-24, Banco de México.

  23. Gonzalo Fernandez de Cordoba & Timothy J. Kehoe, 2009. "The current financial crisis: what should we learn from the great depressions of the Twentieth Century?," Staff Report 421, Federal Reserve Bank of Minneapolis.

    Cited by:

    1. Elena Martínez-Ruiz & María A. Pons, 2014. "Las crisis financieras en perspectiva histórica: paralelismos entre el pasado y el presente," Investigaciones de Historia Económica - Economic History Research (IHE-EHR), Journal of the Spanish Economic History Association, Asociación Española de Historia Económica, vol. 10(02), pages 77-80.
    2. Michel De Vroey, 2009. "Economic liberalism and crisis," Lecturas de Economía, Universidad de Antioquia, Departamento de Economía, issue 70, pages 11-38.
    3. De Vroey, Michel, 2009. "El liberalismo económico y la crisis," Revista Lecturas de Economía, Universidad de Antioquia, CIE, July.
    4. 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.
    5. Marek Lubiński, 2010. "Polityka fiskalna wobec kryzysu finansowego. Próba oceny," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 9, pages 1-23.
    6. Ana María Cerro & Osvaldo Meloni, 2014. "Making explosive cocktails: Recipes and costs of 20 Argentine crises from 1865 to 2004," Investigaciones de Historia Económica - Economic History Research (IHE-EHR), Journal of the Spanish Economic History Association, Asociación Española de Historia Económica, vol. 10(02), pages 104-114.

  24. Timothy J. Kehoe & Kim J. Ruhl, 2009. "How important is the new goods margin in international trade?," Staff Report 324, Federal Reserve Bank of Minneapolis.

    Cited by:

    1. Qiu, Larry D. & Yu, Miaojie, 2020. "Export scope, managerial efficiency, and trade liberalization: Evidence from Chinese firms," Journal of Economic Behavior & Organization, Elsevier, vol. 177(C), pages 71-90.
    2. Anne-Célia Disdier & Lionel Fontagné & Mondher Mimouni, 2015. "Tariff Liberalization and Trade Integration of Emerging Countries," Review of International Economics, Wiley Blackwell, vol. 23(5), pages 946-971, November.
    3. Zhe Chen & Yoshinori Kurokawa, 2022. "Do exporters respond to both tariffs and nominal exchange rates? Evidence from Chinese firm‐product data," Review of International Economics, Wiley Blackwell, vol. 30(2), pages 514-548, May.
    4. Wei, Shang-Jin & Wei, Ziru, 2014. "Assessing Market Failures in Export Pioneering Activities: A Structural Estimation Approach," CEPR Discussion Papers 10187, C.E.P.R. Discussion Papers.
    5. Leibovici, Fernando & Waugh, Michael E., 2019. "International trade and intertemporal substitution," Journal of International Economics, Elsevier, vol. 117(C), pages 158-174.
    6. Novy, Dennis, 2013. "International trade without CES: Estimating translog gravity," Journal of International Economics, Elsevier, vol. 89(2), pages 271-282.
    7. Hosoe, Nobuhiro & Akune, Yuko, 2020. "Can the Japanese agri-food producers survive under freer trade? A general equilibrium analysis with farm heterogeneity and product differentiation," Japan and the World Economy, Elsevier, vol. 55(C).
    8. Nitsch, Volker, 2009. "Die Another Day: Duration in German Import Trade," Publications of Darmstadt Technical University, Institute for Business Studies (BWL) 34444, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).
    9. Italo Colantone & Rosario Crinò, 2011. "New Imported Inputs, New Domestic Products," Development Working Papers 312, Centro Studi Luca d'Agliano, University of Milano.
    10. Sang‐Wook (Stanley) Cho & Hansoo Choi & Julián P. Díaz, 2022. "The causal effect of free trade agreements on the trade margins: Product‐level evidence from geographically distant partners," Southern Economic Journal, John Wiley & Sons, vol. 88(4), pages 1453-1489, April.
    11. Wagner, Rodrigo & Zahler, Andrés, 2011. "New exports from emerging markets: do followers benefit from pioneers ?," MPRA Paper 30312, University Library of Munich, Germany.
    12. Dalton, John T., 2014. "The new goods margin in Japanese–Chinese trade," Japan and the World Economy, Elsevier, vol. 31(C), pages 8-13.
    13. Alfonso Irarrazabal & Andreas Moxnes & Luca David Opromolla, 2013. "The Tip of the Iceberg: A Quantitative Framework for Estimating Trade Costs," NBER Working Papers 19236, National Bureau of Economic Research, Inc.
    14. Markusen, James R., 2013. "Expansion of trade at the extensive margin: A general gains-from-trade result and illustrative examples," Journal of International Economics, Elsevier, vol. 89(1), pages 262-270.
    15. Yoshinori Kurokawa, 2011. "Variety-skill complementarity: a simple resolution of the trade-wage inequality anomaly," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 46(2), pages 297-325, February.
    16. Sang-Wook (Stanley) Cho, 2016. "Do Free Trade Agreements Increase The New Goods Margin? Evidence from Korea," Discussion Papers 2016-02, School of Economics, The University of New South Wales.
    17. Katharina Längle, 2020. "Upgrading of Exports: Does the Integration into Trade Agreements Pave the Way to Product Upgrading?," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-02899973, HAL.
    18. Dennis, Allen & Shepherd, Ben, 2007. "Trade costs, barriers to entry, and export diversification in developing countries," Policy Research Working Paper Series 4368, The World Bank.
    19. Sekkat, Khalid, 2016. "Exchange rate misalignment and export diversification in developing countries," The Quarterly Review of Economics and Finance, Elsevier, vol. 59(C), pages 1-14.
    20. Balistreri, Edward J. & Hillberry, Russell H. & Rutherford, Thomas F., 2011. "Structural estimation and solution of international trade models with heterogeneous firms," Journal of International Economics, Elsevier, vol. 83(2), pages 95-108, March.
    21. Michael Waugh & Fernando Leibovici, 2010. "Cyclical Fluctuations in International Trade Volumes," 2010 Meeting Papers 1095, Society for Economic Dynamics.
    22. Kohn, David & Leibovici, Fernando & Szkup, Michal, 2020. "Financial frictions and export dynamics in large devaluations," Journal of International Economics, Elsevier, vol. 122(C).
    23. Hong, Chang, 2012. "Trade liberalization, wages, and specialization in China," Journal of the Japanese and International Economies, Elsevier, vol. 26(4), pages 561-577.
    24. Cherkashin,Ivan & Demidova,Svetlana & Kee,Hiau Looi & Krishna,Kala M. & Cherkashin,Ivan & Demidova,Svetlana & Kee,Hiau Looi & Krishna,Kala M., 2015. "Firm heterogeneity and costly trade: a new estimation strategy and policy experiments," Policy Research Working Paper Series 7156, The World Bank.
    25. Handley, Kyle, 2012. "Exporting under Trade Policy Uncertainty: Theory and Evidence," Working Papers 634, Research Seminar in International Economics, University of Michigan.
    26. Purba Mukerji & Arvind Panagariya, 2019. "Investigating the composition of product-level specialization," Indian Economic Review, Springer, vol. 54(1), pages 3-18, June.
    27. Giri Rahul & Seira Enrique & Teshima Kensuke, 2014. "Exporters During the Trade Collapse: The (Surprising) Resiliency of the Small Exporter," Working Papers 2014-06, Banco de México.
    28. Mina Kim & Deokwoo Nam & Jian Wang & Jason J. Wu, 2013. "International trade price stickiness and exchange rate pass-through in micro data: a case study on U.S.–China trade," Globalization Institute Working Papers 135, Federal Reserve Bank of Dallas.
    29. Kym Anderson & Will Martin & Dominique van der Mensbrugghe, 2006. "Doha Merchandise Trade Reform: What Is at Stake for Developing Countries?," The World Bank Economic Review, World Bank, vol. 20(2), pages 169-195.
    30. Bahar, Dany & Hausmann, Ricardo & Hidalgo, César A., "undated". "Neighbors and the Evolution of the Comparative Advantage of Nations: Evidence of International Knowledge Diffusion?," Working Paper 97671, Harvard University OpenScholar.
    31. Andrew B. Bernard & J. Bradford Jensen & Stephen J. Redding & Peter K. Schott, 2018. "Global Firms," Journal of Economic Literature, American Economic Association, vol. 56(2), pages 565-619, June.
    32. d’Artis Kancs, 2009. "Structural Estimation of Variety Gains from Trade Integration in Asia," Working Papers 2009.7, International Network for Economic Research - INFER.
    33. Costas Arkolakis & Svetlana Demidova & Peter J. Klenow & Andrés Rodríguez-Clare, 2008. "Endogenous Variety and the Gains from Trade," NBER Working Papers 13933, National Bureau of Economic Research, Inc.
    34. Luis Marcelo Florensa & Laura Márquez-Ramos & María Luisa Recalde & María Victoria Barone, 2014. "Does economic integration increase trade margins? Empirical evidence from LAIAs countries," Working Papers 2014/05, Economics Department, Universitat Jaume I, Castellón (Spain).
    35. Liao, Wei & Santacreu, Ana Maria, 2015. "The trade comovement puzzle and the margins of international trade," Journal of International Economics, Elsevier, vol. 96(2), pages 266-288.
    36. Hillberry, Russell & Hummels, David, 2008. "Trade responses to geographic frictions: A decomposition using micro-data," European Economic Review, Elsevier, vol. 52(3), pages 527-550, April.
    37. Elhanan Helpman & Marc Melitz & Yona Rubinstein, 2008. "Estimating Trade Flows: Trading Partners and Trading Volumes," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 123(2), pages 441-487.
    38. Olivier CADOT & Céline CARRERE & Vanessa STRAUSS-KHAN, 2009. "Trade Diversification, Income, and Growth: What Do We Know?," Working Papers 200931, CERDI.
    39. Christoph E. Boehm & Andrei A. Levchenko & Nitya Pandalai-Nayar, 2020. "The Long and Short (Run) of Trade Elasticities," NBER Working Papers 27064, National Bureau of Economic Research, Inc.
    40. Rahul Giri & Enrique Seira & Kensuke Teshima, 2013. "Did trade crisis affect different exporters differently? Case of Mexico," Working Papers 1304, Centro de Investigacion Economica, ITAM.
    41. Shang-Jin Wei & Ziru Wei & Jianhuan Xu, 2017. "Sizing up Market Failures in Export Pioneering Activities," NBER Working Papers 23893, National Bureau of Economic Research, Inc.
    42. Ndubuisi, Gideon & Mensah, Emmanuel & Owusu, Solomon, 2020. "Export Variety and Imported Intermediate Inputs: Industry-Level Evidence from Africa," MPRA Paper 106008, University Library of Munich, Germany.
    43. Ourens, Guzman, 2018. "Uneven Growth in the Extensive Margin : Explaining the Lag of Agricultural Economies," Discussion Paper 2018-051, Tilburg University, Center for Economic Research.
    44. Kim Ruhl & Jack Rossbach & Timothy Kehoe, 2013. "Using the New Products Margin to Predict the Sectoral Impact of Trade Reform," 2013 Meeting Papers 1227, Society for Economic Dynamics.
    45. Türkcan, Kemal, 2014. "Exports Margins in Austria’s Export Growth," MPRA Paper 53085, University Library of Munich, Germany.
    46. Cho, Sang-Wook (Stanley) & Díaz, Julián P., 2018. "The dynamics of trade margins: Evidence from the European integration," Economics Letters, Elsevier, vol. 167(C), pages 90-96.
    47. Steinberg, Joseph B., 2019. "Brexit and the macroeconomic impact of trade policy uncertainty," Journal of International Economics, Elsevier, vol. 117(C), pages 175-195.
    48. Persson, Maria, 2010. "Trade Facilitation and the Extensive Margin," Working Paper Series 828, Research Institute of Industrial Economics.
    49. Tosapol Apaitan & Nasha Ananchotikul & Piti Disyatat, 2017. "Structural Transformation in Thailand: A Perspective Through Product Innovation," PIER Discussion Papers 72, Puey Ungphakorn Institute for Economic Research.
    50. Andrew B. Bernard & J. Bradford Jensen & Stephen J. Redding & Peter K. Schott, 2009. "The Margins of U.S. Trade (Long Version)," NBER Working Papers 14662, National Bureau of Economic Research, Inc.
    51. Mary Amiti & Caroline Freund, 2010. "The Anatomy of China's Export Growth," NBER Chapters, in: China's Growing Role in World Trade, pages 35-56, National Bureau of Economic Research, Inc.
    52. Ghironi, Fabio & Melitz, Marc J, 2004. "International Trade and Macroeconomic Dynamics with Heteroegenous Firms," CEPR Discussion Papers 4595, C.E.P.R. Discussion Papers.
    53. Christodoulopoulou, Styliani, 2010. "THE Effects of Multilateral Trade Liberalization on the Extensive and the Intensive Margins of Trade," MPRA Paper 29169, University Library of Munich, Germany.
    54. Stephen J. Redding & David E. Weinstein, 2018. "Accounting for Trade Patterns," Working Papers 2018-10, Princeton University. Economics Department..
    55. Arvind Panagariya, 2004. "India’s Trade Reform: Progress, Impact and Future Strategy:," International Trade 0403004, University Library of Munich, Germany.
    56. Echazu, Luciana, 2009. "Product differentiation, firm heterogeneity and international trade: Exploring the Alchian-Allen effect," Research in Economics, Elsevier, vol. 63(2), pages 95-101, June.
    57. Victor Rivas, 2010. "Structural Estimation of Variety Gains from Trade Integration in a Heterogeneous Firms Framework," EERI Research Paper Series EERI_RP_2010_02, Economics and Econometrics Research Institute (EERI), Brussels.
    58. Olivier Cadot & Céline Carrere & Vanessa Strauss-Khan, 2011. "Export Diversification:What's behind the Hump?," CERDI Working papers halshs-00556999, HAL.
    59. Costas Arkolakis, 2010. "Market Penetration Costs and the New Consumers Margin in International Trade," Journal of Political Economy, University of Chicago Press, vol. 118(6), pages 1151-1199.
    60. Benjamin Bridgman, 2010. "Market Entry and Trade Weighted Import Costs," BEA Working Papers 0067, Bureau of Economic Analysis.
    61. Nirvikar Singh, 2004. "Transaction Costs, Information Technology and Development," Development and Comp Systems 0412005, University Library of Munich, Germany.
    62. KUNO Arata & URATA Shujiro & YOKOTA Kazuhiko, 2016. "Estimating the Impacts of FTA on Foreign Trade: An analysis of extensive and intensive trade margins for the Japan-Mexico FTA," Discussion papers 16003, Research Institute of Economy, Trade and Industry (RIETI).
    63. Yue Gao & John Whalley & Yonglei Ren, 2013. "Decomposing China's Export Growth into Extensive Margin, Export Quality and Quantity Effects," CESifo Working Paper Series 4251, CESifo.
    64. Cavallari, Lilia, 2010. "Exports and foreign direct investments in an endogenous-entry model with real and nominal uncertainty," Journal of Macroeconomics, Elsevier, vol. 32(1), pages 300-313, March.
    65. Roberto Venturini & Manuel García-Santana & Laura Puccio & Paola Conconi, 2017. "From Final Goods to Inputs: the Protectionist Effect of Rules of Origin," 2017 Meeting Papers 1017, Society for Economic Dynamics.
    66. Cavallari, Lilia & D׳Addona, Stefano, 2015. "Exchange rates as shock absorbers: The role of export margins," Research in Economics, Elsevier, vol. 69(4), pages 582-602.
    67. Katharina Längle, 2020. "Upgrading of Exports: Does the Integration into Trade Agreements Pave the Way to Product Upgrading?," Working Papers hal-02548689, HAL.
    68. Kehoe, Timothy J., 2002. "An Evaluation of the Performance of Applied General Equilibrium Models of the Impact of NAFTA," Conference papers 331066, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    69. Jeronimo Carballo & Kyle Handley & Nuno Limão, 2018. "Economic and Policy Uncertainty: Export Dynamics and the Value of Agreements," NBER Working Papers 24368, National Bureau of Economic Research, Inc.
    70. Cusolito, Ana Paula & Hollweg, Claire H., 2013. "Trade policy barriers: an obstacle to export diversification in Eurasia," Policy Research Working Paper Series 6434, The World Bank.
    71. John Romalis, 2005. "NAFTA's and CUSFTA's Impact on International Trade," NBER Working Papers 11059, National Bureau of Economic Research, Inc.
    72. Rodrigo Adão & Costas Arkolakis & Sharat Ganapati, 2020. "Aggregate Implications of Firm Heterogeneity: A Nonparametric Analysis of Monopolistic Competition Trade Models," Working Papers 2020-161, Becker Friedman Institute for Research In Economics.
    73. Cunat, Alejandro & Maffezzoli, Marco, 2005. "Can comparative advantage explain the growth of US trade?," LSE Research Online Documents on Economics 19919, London School of Economics and Political Science, LSE Library.
    74. Foster, Neil & Poeschl, Johannes & Stehrer, Robert, 2011. "The impact of Preferential Trade Agreements on the margins of international trade," Economic Systems, Elsevier, vol. 35(1), pages 84-97, March.
    75. Shan (Victor) Jiang, "undated". "Immigration, Information, and Trade Margins," Working Papers 2007-16, Department of Economics, University of Calgary, revised 31 Oct 2007.
    76. Shalah M. Mostashari, 2011. "Vertical specialization, intermediate tariffs, and the pattern of trade: assessing the role of tariff liberalization to U.S. bilateral trade 1989-2001," Globalization Institute Working Papers 71, Federal Reserve Bank of Dallas.
    77. Chingunjav Amarsanaa & Yoshinori Kurokawa, 2021. "The Extensive Margin of International Trade in a Transition Economy: The Case of Mongolia," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 63(4), pages 648-673, December.
    78. Paul R. Bergin & Ching-Yi Lin, 2008. "Exchange Rate Regimes and the Extensive Margin of Trade," NBER Working Papers 14126, National Bureau of Economic Research, Inc.
    79. Xue Bai & Arpita Chatterjee & Kala Krishna & Hong Ma, 2018. "Trade and Minimum Wages in General Equilibrium: Theory and Evidence," NBER Working Papers 24456, National Bureau of Economic Research, Inc.
    80. Falvey, Rod & Foster-McGregor, Neil, 2019. "The breadth of preferential trade agreements and the margins of exports," MERIT Working Papers 2019-012, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    81. Karsten Mau, 2016. "Export diversification and income differences reconsidered: The extensive product margin in theory and application," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 152(2), pages 351-381, May.
    82. Tadashi Ito, 2015. "On the variety of Mexico's export goods," Estudios Económicos, El Colegio de México, Centro de Estudios Económicos, vol. 30(2), pages 183-218.
    83. Fukase, Emiko & Martin, Will, 2017. "Agro-processing and horticultural exports from Africa :," IFPRI discussion papers 1690, International Food Policy Research Institute (IFPRI).
    84. Miklós Koren & Roc Armenter, 2017. "Everything all the time? Entry and Exit in U.S. Import Varieties," 2017 Meeting Papers 829, Society for Economic Dynamics.
    85. Ayako Obashi & Fukunari Kimura, 2018. "Are Production Networks Passé in East Asia? Not Yet," Asian Economic Papers, MIT Press, vol. 17(3), pages 86-107, Fall.
    86. Pham, Cong S. & Ulubasoglu, Mehmet A., 2013. "The role of endowments, technology and size in international trade: new evidence from product-level data," Working Papers eco_2013_8, Deakin University, Department of Economics.
    87. Paul R. Bergin & Reuven Glick, 2017. "Tradability, Productivity, and International Economic Integration," World Scientific Book Chapters, in: International Macroeconomic Interdependence, chapter 9, pages 249-284, World Scientific Publishing Co. Pte. Ltd..
    88. Daniel M. Bernhofen & Zouheir El-Sahli & Richard Kneller, 2016. "The Impact of Technological Change on New Trade: Evidence from the Container Revolution," CESifo Working Paper Series 6069, CESifo.
    89. Naknoi, Kanda, 2015. "Exchange rate volatility and fluctuations in the extensive margin of trade," Journal of Economic Dynamics and Control, Elsevier, vol. 52(C), pages 322-339.
    90. Naito, Takumi, 2012. "A Ricardian model of trade and growth with endogenous trade status," Journal of International Economics, Elsevier, vol. 87(1), pages 80-88.
    91. W. Steingress, 2015. "Entry barriers to international trade: product versus firm fixed costs," Working papers 544, Banque de France.
    92. (ed.), 0. "Research Handbook on Economic Diplomacy," Books, Edward Elgar Publishing, number 16053.
    93. Bergoeing, Raphael & Micco, Alejandro & Repetto, Andrea, 2011. "Dissecting the Chilean export boom," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), December.
    94. KUNO Arata & URATA Shujiro & YOKOTA Kazuhiko, 2017. "FTAs and the Pattern of Trade: The case of the Japan-Chile FTA," Discussion papers 17091, Research Institute of Economy, Trade and Industry (RIETI).
    95. Benjamin Bridgman, 2010. "The Rise of Vertical Specialization Trade," BEA Working Papers 0051, Bureau of Economic Analysis.
    96. Paul Maarek & Elsa Orgiazzi, 2011. "Which factor bears the cost of currency crises?," Economics Working Paper Archive (University of Rennes 1 & University of Caen) 201101, Center for Research in Economics and Management (CREM), University of Rennes 1, University of Caen and CNRS.
    97. Amandine Aubry, 2022. "Trade, access to varieties, and patterns of consumption," Post-Print hal-03331798, HAL.
    98. Fabio Ghironi & Marc J. Melitz, 2007. "Trade Flow Dynamics with Heterogeneous Firms," American Economic Review, American Economic Association, vol. 97(2), pages 356-361, May.
    99. Jeffrey H. Bergstrand, 2013. "Measuring the Effects of Endogenous Policies on Economic Integration," CESifo Economic Studies, CESifo Group, vol. 59(2), pages 199-222, June.
    100. Moro, Alessio & Valdes, Carlo, 2019. "Stuctural transformation in general equilibrium," MERIT Working Papers 2019-049, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    101. Marc J. Melitz & Stephen J. Redding, 2012. "Heterogeneous Firms and Trade," NBER Working Papers 18652, National Bureau of Economic Research, Inc.
    102. Giancarlo Corsetti & Philippe Martin & Paolo Pesenti, 2013. "Varieties and the transfer problem," Post-Print hal-03399506, HAL.
    103. Robert C. Feenstra & Hiau Looi Kee, 2007. "Trade Liberalisation and Export Variety: A Comparison of Mexico and China," The World Economy, Wiley Blackwell, vol. 30(1), pages 5-21, January.
    104. Purba Mukerji, 2009. "Trade Liberalization And The Extensive Margin," Scottish Journal of Political Economy, Scottish Economic Society, vol. 56(2), pages 141-166, May.
    105. Hoste, J. & Verboven, F., 2024. "Uncovering the Sources of Cross-border Market Segmentation: Evidence from the EU and the US," Janeway Institute Working Papers 2408, Faculty of Economics, University of Cambridge.
    106. Benjamin Jung, 2023. "The Trade Effects of the EU-South Korea Free Trade Agreement: Heterogeneity Across Time, Country Pairs, and Directions of Trade within Country Pairs," Open Economies Review, Springer, vol. 34(3), pages 617-656, July.
    107. Baier, Scott L. & Yotov, Yoto V. & Zylkin, Thomas, 2019. "On the widely differing effects of free trade agreements: Lessons from twenty years of trade integration," Journal of International Economics, Elsevier, vol. 116(C), pages 206-226.
    108. Paul R. Bergin & Reuven Glick & Alan M. Taylor, 2017. "Productivity, Tradability, and the Long-Run Price Puzzle," World Scientific Book Chapters, in: International Macroeconomic Interdependence, chapter 8, pages 211-248, World Scientific Publishing Co. Pte. Ltd..
    109. Nabeshima, Kaoru & Obashi, Ayako & Kim, Kunhyui, 2021. "Impacts of additional compliance requirements of regulations on the margins of trade," Japan and the World Economy, Elsevier, vol. 59(C).
    110. Raphael A. Auer, 2009. "Taste Heterogeneity, Trade, and the Within-Industry Home Market Effect," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 145(IV), pages 387-403, December.
    111. Mateus Silva Chang, 2017. "Machinery production networks in Latin America: a quantity and quality analysis," Latin American Economic Review, Springer;Centro de Investigaciòn y Docencia Económica (CIDE), vol. 26(1), pages 1-35, December.
    112. Luca Guerrieri & Christopher J. Gust & J. David López-Salido, 2008. "International competition and inflation: a New Keynesian perspective," International Finance Discussion Papers 918, Board of Governors of the Federal Reserve System (U.S.).
    113. Michael E. Waugh, 2009. "International trade and income differences," Staff Report 435, Federal Reserve Bank of Minneapolis.
    114. Walter Steingress, 2019. "Market size and entry in international trade: Product versus firm fixed costs," Review of International Economics, Wiley Blackwell, vol. 27(5), pages 1351-1370, November.
    115. Richard Frensch, 2008. "Trade liberalisation, adoption costs, and import margins in CEEC and OECD trade," Working Papers 269, Leibniz Institut für Ost- und Südosteuropaforschung (Institute for East and Southeast European Studies).
    116. Scott L Baier & Jeffrey H Bergstrand & Matthew W Clance, 2017. "Heterogeneous economic integration agreements' effects, gravity, and welfare," Discussion Papers 2017-05, University of Nottingham, GEP.
    117. Scott French, 2014. "Innovation, Product-Cycle Trade, and the Cross-Country Distribution of Income," Discussion Papers 2014-26, School of Economics, The University of New South Wales.
    118. Peter Egger & Mario Larch & Kevin E. Staub & Rainer Winkelmann, 2010. "The Trade Effects of Endogenous Preferential Trade Agreements," SOI - Working Papers 1013, Socioeconomic Institute - University of Zurich.
    119. Giancarlo Corsetti & Philippe Martin & Paolo Pesenti, 2008. "Varieties and the Transfer Problem: The Extensive Margin of Current Account Adjustment," NBER Working Papers 13795, National Bureau of Economic Research, Inc.
    120. Obstfeld, Maurice & Feenstra, Robert & Russ, Katheryn N. & Luck, Philip, 2014. "In Search of the Armington Elasticity," CEPR Discussion Papers 9951, C.E.P.R. Discussion Papers.
    121. Raphael A. Auer, 2010. "Consumer Heterogeneity and the Impact of Trade Liberalization: How Representative is the Representative Agent Framework?," Working Papers 2010-13, Swiss National Bank.
    122. Will J. Martin & Kym Anderson & Cong S. Pham, 2009. "Effects of GATT/WTO on Asia's Trade Performance," School of Economics and Public Policy Working Papers 2009-11, University of Adelaide, School of Economics and Public Policy.
    123. Luis Florensa & Laura Márquez-Ramos & María Recalde, 2015. "The effect of economic integration and institutional quality of trade agreements on trade margins: evidence for Latin America," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 151(2), pages 329-351, May.
    124. Claudio Candia Campano & Medardo Aguirre González & Lilliam Antón López & Javier Beltrán Valdebenito, 2018. "A gravity model of trade for Nicaraguan agricultural exports," Revista Cuadernos de Economia, Universidad Nacional de Colombia, FCE, CID, vol. 37(74), pages 391-428, July.
    125. Christian Hepenstrick, 2010. "Per-capita incomes and the extensive margin of bilateral trade," IEW - Working Papers 519, Institute for Empirical Research in Economics - University of Zurich.
    126. Pfaffermayr, Michael & Egger, Peter, 2011. "Structural Estimation of Gravity Models with Path-dependent Market Entry," CEPR Discussion Papers 8458, C.E.P.R. Discussion Papers.
    127. Zhang, Hongsong, 2017. "Static and dynamic gains from costly importing of intermediate inputs: Evidence from Colombia," European Economic Review, Elsevier, vol. 91(C), pages 118-145.
    128. Sevda S. Q. Imamverdiyeva & Elnur V. O. Aliyev, 2015. "Assessment of Trade Policy in Terms of Export Diversification in Azerbaijan," International Journal of Business and Social Research, MIR Center for Socio-Economic Research, vol. 5(9), pages 50-64, September.
    129. Mitsuyo ANDO & Fukunari KIMURA, 2013. "Evolution of Machinery Production Networks: Linkage of North America with East Asia," Working Papers DP-2013-32, Economic Research Institute for ASEAN and East Asia (ERIA).
    130. Baier, Scott L. & Bergstrand, Jeffrey H. & Feng, Michael, 2014. "Economic integration agreements and the margins of international trade," Journal of International Economics, Elsevier, vol. 93(2), pages 339-350.
    131. Ana Paula Cusolito & Claire H. Hollweg, 2015. "Trade Policy Barriers: An Obstacle to Export Diversification in Eurasia," Journal of Banking and Financial Economics, University of Warsaw, Faculty of Management, vol. 2(4), pages 91-129, June.
    132. Andreas Lendle & Pierre-Louis Vézina, 2015. "Internet Technology and the Extensive Margin of Trade: Evidence from eBay in Emerging Economies," Review of Development Economics, Wiley Blackwell, vol. 19(2), pages 375-386, May.
    133. Volpe Martincus, Christian & Gómez, Sandra Milena, 2009. "Trade Policy and Export Diversification: What Should Colombia Expect from the FTA with the United States," IDB Publications (Working Papers) 2498, Inter-American Development Bank.
    134. Dalton, John, 2013. "EU Enlargement and the New Goods Margin in Austrian Trade," MPRA Paper 50353, University Library of Munich, Germany.
    135. Jung, Benjamin, 2022. "The Trade Effects of the EU-South Korea Free Trade Agreement: Heterogeneity across Time, Country Pairs, and Directions of Trade within Country Pairs," VfS Annual Conference 2022 (Basel): Big Data in Economics 264125, Verein für Socialpolitik / German Economic Association.
    136. NAITO Takumi, 2012. "An Eaton-Kortum Model of Trade and Growth," Discussion papers 12055, Research Institute of Economy, Trade and Industry (RIETI).
    137. Cheong, Juyoung, 2023. "Do preferential trade agreements stimulate high-tech exports for low-income countries?," Economic Modelling, Elsevier, vol. 127(C).
    138. Yoshinori Kurokawa, 2014. "A Survey Of Trade And Wage Inequality: Anomalies, Resolutions And New Trends," Journal of Economic Surveys, Wiley Blackwell, vol. 28(1), pages 169-193, February.
    139. Sang-Wook (Stanley) Cho, 2016. "Do Free Trade Agreements Increase The New Goods Margin? Evidence from Korea," Discussion Papers 2016-02, School of Economics, The University of New South Wales.
    140. Gnidchenko, A., 2014. "Decomposing Export Growth into Extensive and Intensive Margins with the Emphasis on Comparative Advantages," Journal of the New Economic Association, New Economic Association, vol. 24(4), pages 38-64.
    141. Cavallari, Lilia & D'Addona, Stefano, 2017. "Output stabilization in fixed and floating regimes: Does trade of new products matter?," Economic Modelling, Elsevier, vol. 64(C), pages 365-383.
    142. Xiong, Tingting, 2022. "The Effect of Bilateral Investment Treaties (BITs) on the extensive and intensive margins of exports," The Quarterly Review of Economics and Finance, Elsevier, vol. 84(C), pages 68-79.
    143. Raphael Auer, 2009. "Product Heterogeneity, Within-Industry Trade Patterns, and the Home Bias of Consumption?," Working Papers 09.05, Swiss National Bank, Study Center Gerzensee.
    144. Ayako Obashi & Fukunari Kimura, 2017. "Deepening and Widening of Production Networks in ASEAN," Asian Economic Papers, MIT Press, vol. 16(1), pages 1-27, Winter/Sp.
    145. Alan de Bromhead & Alan Fernihough & Markus Lampe & Kevin Hjortshøj O’Rourke, 2021. "Four great Asian trade collapses," Oxford Economic and Social History Working Papers _190, University of Oxford, Department of Economics.
    146. Holger Breinlich & Swati Dhingra & Gianmarco I. P. Ottaviano, 2016. "How have EU's trade agreements impacted consumers?," CEP Discussion Papers dp1417, Centre for Economic Performance, LSE.
    147. Atolia, Manoj & Yoshinori, Kurokawa, 2008. "Variety Trade and Skill Premium in a Calibrated General Equilibrium Model: The Case of Mexico," MPRA Paper 13698, University Library of Munich, Germany.
    148. Lincoln, William F. & McCallum, Andrew H., 2018. "The rise of exporting by U.S. firms," European Economic Review, Elsevier, vol. 102(C), pages 280-297.
    149. Spearot, Alan C., 2013. "Variable demand elasticities and tariff liberalization," Journal of International Economics, Elsevier, vol. 89(1), pages 26-41.
    150. David Hummels & Peter J. Klenow, 2005. "The Variety and Quality of a Nation's Exports," American Economic Review, American Economic Association, vol. 95(3), pages 704-723, June.
    151. Tibor Besedeš, 2011. "The Role of NAFTA and Returns to Scale in Export Duration," CeFiG Working Papers 17, Center for Firms in the Global Economy, revised 01 Dec 2011.
    152. Jared C. Carbone & Nicholas Rivers, 2014. "Climate policy and competitiveness: Policy guidance and quantitative evidence," Working Papers 2014-05, Colorado School of Mines, Division of Economics and Business.
    153. Besedes, Tibor & Prusa, Thomas J., 2011. "The role of extensive and intensive margins and export growth," Journal of Development Economics, Elsevier, vol. 96(2), pages 371-379, November.
    154. Naudé, Wim & Cameron, Martin, 2020. "Export-Led Growth after COVID-19: The Case of Portugal," IZA Discussion Papers 13875, Institute of Labor Economics (IZA).
    155. Andrew B. Bernard & J. Bradford Jensen & Stephen Redding & Peter K. Schott, 2009. "The Margins of US Trade," CEP Discussion Papers dp0906, Centre for Economic Performance, LSE.
    156. Kym Anderson & Will Martin & Ernesto Valenzuela, 2009. "Long Run Implications of WTO Accession for Agriculture in China," School of Economics and Public Policy Working Papers 2009-20, University of Adelaide, School of Economics and Public Policy.
    157. Laborde, David & Martin, Will & van der Mensbrugghe, Dominique, 2011. "Measuring the impacts of global trade reform with optimal aggregators of distortions," Policy Research Working Paper Series 5665, The World Bank.
    158. Ardelean, Adina & Lugovskyy, Volodymyr, 2010. "Domestic productivity and variety gains from trade," Journal of International Economics, Elsevier, vol. 80(2), pages 280-291, March.
    159. Cooke, Dudley, 2014. "Monetary shocks, exchange rates, and the extensive margin of exports," Journal of International Money and Finance, Elsevier, vol. 41(C), pages 128-145.
    160. McDougall, Brendan S. & Afesorgbor, Sylvanus Kwaku, 2020. "The Effect of Free Trade Agreements on the Intensive and Extensive Margins of Canadian Agri-Food Trade," 2020 Annual Meeting, July 26-28, Kansas City, Missouri 304486, Agricultural and Applied Economics Association.
    161. Dutt, Pushan, 2020. "The WTO is not passé," European Economic Review, Elsevier, vol. 128(C).
    162. Cho, Sang-Wook (Stanley) & Díaz, Julián P., 2018. "The new goods margin in new markets," Journal of Comparative Economics, Elsevier, vol. 46(1), pages 78-93.
    163. Philippe Martin & Paolo Pesenti & Giancarlo Corsetti, 2008. "Varieties and imbalances: the extensive margins of the current account adjustment," 2008 Meeting Papers 605, Society for Economic Dynamics.
    164. James Lake & Tibor Besedes & Tristan Kohl, 2019. "Phase Out Tariffs, Phase In Trade?," Departmental Working Papers 1903, Southern Methodist University, Department of Economics.
    165. Dick Nuwamanya Kamuganga, 2012. "The Linkage between Outcome Differences in Cotton Production and Rural Roads Improvements - A Matching Approach," IHEID Working Papers 15-2012, Economics Section, The Graduate Institute of International Studies.
    166. Quintieri, Beniamino & Stamato, Giovanni, 2023. "Are preferential agreements beneficial to EU trade? New evidence from the EU-South Korea treaty," Working Paper Series 2822, European Central Bank.
    167. Theo S. Eicher & David J. Kuenzel, 2016. "The elusive effects of trade on growth: Export diversity and economic take-off," Canadian Journal of Economics, Canadian Economics Association, vol. 49(1), pages 264-295, February.
    168. Francisco Callado-Muñoz & Jana Hromcová & Natalia Utrero-González, 2014. "Openness and Technology Diffusion in Payment Systems: The Case of NAFTA," Computational Economics, Springer;Society for Computational Economics, vol. 43(4), pages 497-519, April.
    169. D’Artis Kancs, 2007. "Trade Growth in a Heterogeneous Firm Model: Evidence from South Eastern Europe," The World Economy, Wiley Blackwell, vol. 30(7), pages 1139-1169, July.
    170. Steven Husted & Shuichiro Nishioka, 2015. "Productivity growth and new market entry," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 151(4), pages 687-712, November.
    171. Cletus C. Coughlin, 2012. "Extensive and intensive trade margins: a state-by-state view," Working Papers 2012-002, Federal Reserve Bank of St. Louis.
    172. Raphael A. Auer, 2013. "Product Heterogeneity, Cross-Country Taste Differences, and the Consumption Home Bias," Working Papers 13.01, Swiss National Bank, Study Center Gerzensee.
    173. Bojnec, Štefan & Fertő, Imre & Fogarasi, József, 2011. "Patterns and determinants of agro-food trade of the BRIC countries: The role of institution," IAMO Forum 2011: Will the "BRICs Decade" Continue? – Prospects for Trade and Growth 19, Leibniz Institute of Agricultural Development in Central and Eastern Europe (IAMO).
    174. Mau, Karsten, 2014. "Margins, Gravity, and Causality: Export Diversification and Income Levels Reconsidered," GIGA Working Papers 249, GIGA German Institute of Global and Area Studies.
    175. Claudio Candia Campano & Medardo Aguirre González & Lilliam Antón López & Javier Beltrán Valdebenito, 2018. "A gravity model of trade for Nicaraguan agricultural exports," Revista Cuadernos de Economia, Universidad Nacional de Colombia, FCE, CID, vol. 37(74), pages 391-428, July.
    176. Crowley,Meredith A & Han,Lu & Prayer,Thomas, 2021. "The Value of Deep Trade Agreements in the Presence of Pricing-to-Market," Policy Research Working Paper Series 9600, The World Bank.
    177. Paul Bergin & Reuven Glick, 2005. "Tradability, Productivity, and Understanding International Economic Integration," Working Papers 294, University of California, Davis, Department of Economics.
    178. Richard Baldwin & Jonathan I. Dingel, 2021. "Telemigration and Development: On the Offshorability of Teleworkable Jobs," NBER Working Papers 29387, National Bureau of Economic Research, Inc.
    179. Soumendra Nath Banerjee & Boishampayan Chatterjee, 2015. "European Union: Characterising India’s Exports to the U.S.: The Post Liberalisation Dynamics," Global Economic Observer, "Nicolae Titulescu" University of Bucharest, Faculty of Economic Sciences;Institute for World Economy of the Romanian Academy, vol. 3(1), pages 10-20, May.
    180. Timothy J. Kehoe & Kim J. Ruhl, 2010. "Why Have Economic Reforms in Mexico Not Generated Growth?," Journal of Economic Literature, American Economic Association, vol. 48(4), pages 1005-1027, December.
    181. Türkcan, Kemal, 2014. "Investigating the Role of Extensive Margin, Intensive Margin, Price and Quantity Components on Turkey’s Export Growth during 1998-2011," MPRA Paper 53292, University Library of Munich, Germany.
    182. Khan,Shafaat Yar & Khederlarian,Armen, 2021. "How Does Trade Respond to Anticipated Tariff Changes ? Evidence from NAFTA," Policy Research Working Paper Series 9646, The World Bank.
    183. Ignacio Rosal, 2017. "EU Enlargement and the New Goods Margin in Austrian Trade: Comment," Open Economies Review, Springer, vol. 28(4), pages 795-803, September.
    184. Katharina Längle, 2020. "Upgrading of Exports: Does the Integration into Trade Agreements Pave the Way to Product Upgrading?," Post-Print halshs-02899973, HAL.
    185. Debaere, Peter & Mostashari, Shalah, 2010. "Do tariffs matter for the extensive margin of international trade? An empirical analysis," Journal of International Economics, Elsevier, vol. 81(2), pages 163-169, July.
    186. Katharina Längle, 2020. "Upgrading of Exports: Does the Integration into Trade Agreements Pave the Way to Product Upgrading?," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-02548689, HAL.
    187. Lee, Hyun-Hoon & Park, Donghyun & Wang, Jing, 2013. "Different types of firms, different types of products, and their dynamics: An anatomy of China's imports," China Economic Review, Elsevier, vol. 25(C), pages 62-77.
    188. Sevda S. Q. Imamverdiyeva & Elnur V. O. Aliyev, 2015. "Assessment of Trade Policy in Terms of Export Diversification in Azerbaijan," International Journal of Business and Social Research, LAR Center Press, vol. 5(9), pages 50-64, September.
    189. Erdey, László & Gáll, József & Márkus, Ádám & Tőkés, Tibor, 2020. "Changes in the trade patterns of the UK in a global perspective," MPRA Paper 98110, University Library of Munich, Germany, revised 21 Jan 2020.
    190. Facundo Piguillem & Loris Rubini, 2018. "Do Non-Exporters Lose From Lower Trade Costs?," 2018 Meeting Papers 132, Society for Economic Dynamics.
    191. Xuan Dong Nguyen, 2014. "Effects of Japan's Economic Partnership Agreements on the Extensive Margin of International Trade," The International Trade Journal, Taylor & Francis Journals, vol. 28(2), pages 169-191, June.
    192. Subhayu Bandyopadhyay & Cletus C. Coughlin, 2014. "Determinants of trade margins: insights using state export data," Working Papers 2014-6, Federal Reserve Bank of St. Louis.
    193. Frensch, Richard & Gaucaite Wittich, Vitalija, 2009. "Product variety and technical change," Journal of Development Economics, Elsevier, vol. 88(2), pages 242-257, March.
    194. Brandon Malloy, 2021. "Decomposing episodes of large growth in international trade," Review of International Economics, Wiley Blackwell, vol. 29(2), pages 228-267, May.
    195. Lee, Hyun-Hoon & Park, Donghyun & Wang, Jing, 2012. "Different Types of Firms, Products, and Directions of Trade: The Case of the People’s Republic of China," Working Papers on Regional Economic Integration 101, Asian Development Bank.
    196. Johannes Van Biesebroeck & Yingting Yi & Elena Zaurino, 2022. "Trade liberalisation and the extensive margin of differentiated goods: Evidence from China," The World Economy, Wiley Blackwell, vol. 45(9), pages 2724-2747, September.
    197. Sofiane Ghali & Habib Zitouna & Zouhour Karray & Slim Driss, 2013. "Effects of NTMs on the Extensive and Intensive Margins to Trade: The Case of Tunisia and Egypt," Working Papers 820, Economic Research Forum, revised Dec 2013.
    198. Timothy Uy, 2015. "Zeros and the Gains from Openness," 2015 Meeting Papers 1158, Society for Economic Dynamics.
    199. Dalton, John & Leung, Tin Cheuk, 2013. "Strategic Decision-Making in Hollywood Release Gaps," MPRA Paper 52439, University Library of Munich, Germany.
    200. Anne-Célia Disdier & Lionel Fontagné & Mondher Mimouni, 2015. "Tariff Liberalization and Trade Integration of Emerging Countries," PSE - Labex "OSE-Ouvrir la Science Economique" hal-01299753, HAL.
    201. Kehoe, Timothy J. & Rossbach, Jack & Ruhl, Kim J., 2015. "Using the new products margin to predict the industry-level impact of trade reform," Journal of International Economics, Elsevier, vol. 96(2), pages 289-297.
    202. Miss Cigdem Akin & Mr. Ayhan Kose, 2007. "Changing Nature of North-South Linkages: Stylized Facts and Explanations," IMF Working Papers 2007/280, International Monetary Fund.
    203. Mina Kim & Deokwoo Nam & Jian Wang & Jason Wu, 2013. "International Trade Price Stickiness and Exchange Rate and Pass-Through in Micro Data: A Case Study on US-China Trade," Working Papers 202013, Hong Kong Institute for Monetary Research.
    204. Hejazi, Mina & Grant, Jason H. & Peterson, Everett, 2017. "Tariff Changes and the Margins of Trade: A Case Study of U.S. Agri-Food Imports," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 42(1), pages 1-22, January.
    205. Baier, Scott L. & Bergstrand, Jeffrey H. & Clance, Matthew W., 2018. "Heterogeneous effects of economic integration agreements," Journal of Development Economics, Elsevier, vol. 135(C), pages 587-608.
    206. Hillberry, Russell & Hummels, David, 2013. "Trade Elasticity Parameters for a Computable General Equilibrium Model," Handbook of Computable General Equilibrium Modeling, in: Peter B. Dixon & Dale Jorgenson (ed.), Handbook of Computable General Equilibrium Modeling, edition 1, volume 1, chapter 0, pages 1213-1269, Elsevier.
    207. Jonathan Eaton & Ana Cecília Fieler, 2019. "The Margins of Trade," NBER Working Papers 26124, National Bureau of Economic Research, Inc.
    208. Kancs, d'Artis, 2007. "Trade Growth in a Heterogeneous Firm Model: Evidence from South Easten Europe," Working Papers of Institute for Economic Forecasting 071201, Institute for Economic Forecasting.
    209. Paul Beaudry & Fabrice Collard, 2006. "Gold rush fever in business cycles," 2006 Meeting Papers 8, Society for Economic Dynamics.
    210. Emilio Gutiérrez, 2013. "Air quality and infant mortality in Mexico: Evidence from variation in pollution levels caused by the usage of Small-Scale plants," Working Papers 1301, Centro de Investigacion Economica, ITAM.
    211. Subhayu Bandyopadhyay & Cletus C. Coughlin, 2017. "Truncated Firm Productivity Distributions and Trade Margins," Working Papers 2017-18, Federal Reserve Bank of St. Louis.
    212. Jamal Ibrahim Haidar, 2022. "Internalization of externalities in international trade," Empirical Economics, Springer, vol. 63(1), pages 469-497, July.
    213. Andrew Cassey & Katherine Schmeiser, 2013. "Multilateral Export Decompositions," Open Economies Review, Springer, vol. 24(5), pages 901-918, November.
    214. Pierre-Guillaume Méon & Khalid Sekkat, 2013. "FDI and Exports Diversification in Arab Countries," Working Papers 816, Economic Research Forum, revised Dec 2013.
    215. Nivedita Mullick & Areej A. Siddiqui, 2021. "Economic Integration Agreements and Extensive Margin of Export: An Empirical Study of India," Working Papers 2155, Indian Institute of Foreign Trade.
    216. George A. Alessandria & Shafaat Y. Khan & Armen Khederlarian & Kim J. Ruhl & Joseph B. Steinberg, 2021. "Trade-Policy Dynamics: Evidence from 60 Years of U.S.-China Trade," NBER Working Papers 29122, National Bureau of Economic Research, Inc.
    217. Timothy J. Kehoe & Pau S. Pujolas & Jack Rossbach, 2018. "Improving the Analysis of Trade Policy," Economic Policy Paper 18-1, Federal Reserve Bank of Minneapolis.
    218. Kichun Kang, 2006. "On the Measurment of Export Variety: Evidence from Korea and Taiwan," Korean Economic Review, Korean Economic Association, vol. 22, pages 319-339.
    219. Machado, José A.F. & Santos Silva, J.M.C. & Wei, Kehai, 2016. "Quantiles, corners, and the extensive margin of trade," European Economic Review, Elsevier, vol. 89(C), pages 73-84.
    220. Maria Bejan, 2011. "Trade Agreements and International Comovements: the Case of NAFTA (North American Free Trade Agreement)," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 14(4), pages 667-685, October.
    221. Parteka, Aleksandra, 2020. "What drives cross-country differences in export variety? A bilateral panel approach," Economic Modelling, Elsevier, vol. 92(C), pages 48-56.
    222. Imad Kareem Alaamshani & Hanny Zurina Hamzah & Shivee Ranjanee Kaliappan & Normaz Wana Ismail, 2021. "Impact of Trade Facilitation on Extensive Margin," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 4, pages 131-147.
    223. Ndubuisi, Gideon & Foster-McGregor, Neil, 2018. "Domestic intellectual property rights protection and the margins of bilateral exports," MERIT Working Papers 2018-035, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    224. Ito, Tadashi, 2015. "On the variety of Mexico's export goods," IDE Discussion Papers 510, Institute of Developing Economies, Japan External Trade Organization(JETRO).
    225. Kichun Kang, 2012. "What Matters For The Extensive And Intensive Margins Of International Trade? Evidence From Korean Exports," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 57(03), pages 1-21.
    226. Katharina Längle, 2020. "Upgrading of Exports: Does the Integration into Trade Agreements Pave the Way to Product Upgrading?," Documents de travail du Centre d'Economie de la Sorbonne 20006, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
    227. Scott L. Baier & Jeffrey H. Bergstrand & Matthew W. Clance, 2015. "Heterogeneous Economic Integration Agreement Effects," CESifo Working Paper Series 5488, CESifo.
    228. Jesse Mora & Michael Olabisi, 2022. "Export growth drivers and economic development," Empirical Economics, Springer, vol. 63(5), pages 2389-2426, November.
    229. Purba Mukerji, 2013. "Distance to Frontier and New Import Growth," Scottish Journal of Political Economy, Scottish Economic Society, vol. 60(4), pages 390-411, September.
    230. Youngwoo Rho & Joel Rodrigue, 2016. "Firm‐Level Investment And Export Dynamics," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 57(1), pages 271-304, February.
    231. Cieślik, Andrzej & Parteka, Aleksandra, 2021. "Relative Productivity, Country Size and Export Diversification," Structural Change and Economic Dynamics, Elsevier, vol. 57(C), pages 28-44.
    232. Fei Peng & Lili Kang & Taoxiong Liu & Jia Cheng & Luxiao Ren, 2020. "Trade Agreements and Global Value Chains: New Evidence from China’s Belt and Road Initiative," Sustainability, MDPI, vol. 12(4), pages 1-24, February.
    233. Tugores, Juan, 2008. "Regional integration and public policy. Evaluation of the European experience and possible implications for Latin American integration," Estudios y Perspectivas – Sede Subregional de la CEPAL en México 4879, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    234. Neil Foster, 2014. "Intellectual property rights and the margins of international trade," The Journal of International Trade & Economic Development, Taylor & Francis Journals, vol. 23(1), pages 1-30, February.
    235. Kang, Kichun, 2009. "The export price index with the effect of variety and an empirical analysis," Economic Modelling, Elsevier, vol. 26(2), pages 385-391, March.
    236. Carter Mix, 2023. "The Dynamic Effects Of Multilateral Trade Policy With Export Churning," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 64(2), pages 653-689, May.
    237. Atika Benaddi & Peri Silva, 2021. "Trade policy uncertainty: Evidence from the Arab League countries," Review of International Economics, Wiley Blackwell, vol. 29(5), pages 1327-1357, November.
    238. Kim J. Ruhl, 2008. "The International Elasticity Puzzle," Working Papers 08-30, New York University, Leonard N. Stern School of Business, Department of Economics.
    239. Persson, Maria, 2008. "Trade Facilitation and the Extensive and Intensive Margins of Trade," Working Papers 2008:13, Lund University, Department of Economics.
    240. Shepherd, Ben, 2015. "Product Standards and Export Diversification," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 30(2), pages 300-333.

  25. Claustre Bajona & Timothy J. Kehoe, 2008. "Trade, growth, and convergence in a dynamic Heckscher-Ohlin model," Staff Report 378, Federal Reserve Bank of Minneapolis.

    Cited by:

    1. Guilló, María Dolores & Pérez-Sebastián, Fidel, 2015. "Convergence in a Dynamic Heckscher-Ohlin Model with Land," QM&ET Working Papers 15-4, University of Alicante, D. Quantitative Methods and Economic Theory.
    2. Taketo Kawagishi & Kazuo Mino, 2013. "Time Preference and Income Convergence in a Dynamic Heckscher-Ohlin Model," KIER Working Papers 880, Kyoto University, Institute of Economic Research.
    3. Joseph Steinberg, 2018. "The Macroeconomic Impact of NAFTA Termination," 2018 Meeting Papers 753, Society for Economic Dynamics.
    4. Sergi Basco & Martí Mestieri, 2019. "The world income distribution: the effects of international unbundling of production," Journal of Economic Growth, Springer, vol. 24(2), pages 189-221, June.
    5. Jee-Hyeong Park, 2010. "Trade-induced Industrialization and Economic Growth," International Economic Journal, Taylor & Francis Journals, vol. 25(3), pages 513-545, July.
    6. Seung Mo Choi & Hwagyun Kim & Xiaohan Ma, 2021. "Trade, structural transformation and growth," The World Economy, Wiley Blackwell, vol. 44(6), pages 1770-1794, June.
    7. Alexander B. Darku, 2021. "International trade and income convergence: Sorting out the nature of bilateral trade," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 26(4), pages 5337-5348, October.
    8. Guilló, Maria Dolores & Perez-Sebastian, Fidel, 2015. "Neoclassical growth and the natural resource curse puzzle," Journal of International Economics, Elsevier, vol. 97(2), pages 423-435.
    9. Satoshi Honma & Yushi Yoshida, 2019. "Convergence in pollution terms of trade," The Journal of International Trade & Economic Development, Taylor & Francis Journals, vol. 28(5), pages 603-627, July.
    10. Partha Sen & Koji Shimomura, 2016. "Convergence and Overtaking in a Dynamic Two Country Model," CESifo Working Paper Series 6027, CESifo.
    11. Michael Sposi & Kei-Mu Yi & Jing Zhang, 2020. "Trade Integration, Global Value Chains and Capital Accumulation," Globalization Institute Working Papers 404, Federal Reserve Bank of Dallas.
    12. Freni, Giuseppe & Salvadori, Neri & Signorino, Rodolfo, 2019. "Structural change in a Ricardian world economy: The role of extensive rent," Structural Change and Economic Dynamics, Elsevier, vol. 49(C), pages 277-282.
    13. Partha Sen, 2012. "Capital Accumulation And Convergence In A Small Open Economy," Working papers 212, Centre for Development Economics, Delhi School of Economics.
    14. Zhang, Wei-Bin, 2017. "Endogenous wealth and knowledge in Heckscher-Ohlin theory," International Journal of Development and Conflict, Gokhale Institute of Politics and Economics, vol. 7(2), pages 119-137.
    15. Steinberg, Joseph B., 2019. "Brexit and the macroeconomic impact of trade policy uncertainty," Journal of International Economics, Elsevier, vol. 117(C), pages 175-195.
    16. Ferreira, Pedro Cavalcanti & Trejos, Alberto, 2016. "Fracking, China and the Global Economy," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 777, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    17. Partha Chatterjee & Malik Shukayev, 2013. "A Stochastic Dynamic Model of Trade and Growth: Convergence and Diversi?cation," Working Papers 07, Development and Policies Research Center (DEPOCEN), Vietnam.
    18. Ingianni, Andrea, 2012. "Intra-European Union trade openness and new members’ output convergence: A time-series analysis," Economics Discussion Papers 2012-5, School of Economics, Kingston University London.
    19. Nils Herger, 2015. "An uncovered interest parity condition that worked - The continental investment demand for London bills of exchange during the gold standard (1880 -1914)," Working Papers 15.04, Swiss National Bank, Study Center Gerzensee.
    20. Strunz, Sebastian & Gawel, Erik & Lehmann, Paul & Söderholm, Patrik, 2018. "Policy convergence as a multifaceted concept: the case of renewable energy policies in the European Union," Journal of Public Policy, Cambridge University Press, vol. 38(3), pages 361-387, September.
    21. Smallbone, David & Saridakis, George & Abubakar, Yazid Abdullahi, 2022. "Internationalisation as a stimulus for SME innovation in developing economies: Comparing SMEs in factor-driven and efficiency-driven economies," Journal of Business Research, Elsevier, vol. 144(C), pages 1305-1319.
    22. Emily Blanchard & William W. Olney, 2013. "Globalization and Human Capital Investment: How Export Composition Drives Educational Attainment," Department of Economics Working Papers 2013-18, Department of Economics, Williams College, revised Mar 2015.
    23. Saba Charles Shaaba, 2021. "Convergence or Divergence Patterns in Global Defence Spending: Further Evidence from a Nonlinear Single Factor Model," Peace Economics, Peace Science, and Public Policy, De Gruyter, vol. 27(1), pages 51-90, February.
    24. Tamasiga, Phemelo & Bondarev, Anton, 2014. "Differential games approach to trade with exhaustible resources," Working papers 2014/14, Faculty of Business and Economics - University of Basel.
    25. Elisa Giannone, 2017. "Skill-Biased Technical Change and Regional Convergence," 2017 Meeting Papers 190, Society for Economic Dynamics.
    26. Olatunji Abdul Shobande, 2019. "Effect of Economic Integration on Agricultural Export Performance in Selected West African Countries," Economies, MDPI, vol. 7(3), pages 1-14, August.
    27. Fedotenkov, Igor & van Groezen, Bas & Meijdam, Lex, 2012. "International trade with pensions and demographic shocks," MPRA Paper 74874, University Library of Munich, Germany, revised 31 May 2016.
    28. Seung Mo Choi & Hwagyun Kim & Xiaohan Ma, 2021. "Trade policies and growth in emerging economies: policy experiments," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 157(3), pages 603-629, August.
    29. Auer, Raphael A., 2015. "Human capital and the dynamic effects of trade," Journal of Development Economics, Elsevier, vol. 117(C), pages 107-118.
    30. Julian Emami Namini, 2009. "International Trade with Firm Heterogeneity in Factor Shares," Tinbergen Institute Discussion Papers 09-020/1, Tinbergen Institute.
    31. Joseph Francois & Clinton R. Shiells, 2008. "Dynamic Factor Price Equalization & International Convergence," Economics working papers 2008-20, Department of Economics, Johannes Kepler University Linz, Austria.
    32. Tahir, Muhammad & Estrada, Mario Arturo Ruiz & Afridi, Muhammad Asim, 2019. "Foreign inflows and economic growth: An emiprical study of the SAARC region," Economic Systems, Elsevier, vol. 43(3).
    33. E. Young Song, 2014. "Trade and the Speed of Convergence," Review of Development Economics, Wiley Blackwell, vol. 18(1), pages 1-12, February.
    34. Michelle Connolly & Kei-Mu Yi, 2015. "How Much of South Korea's Growth Miracle Can Be Explained by Trade Policy?," American Economic Journal: Macroeconomics, American Economic Association, vol. 7(4), pages 188-221, October.
    35. Bolhuis, Marijn, 2019. "Catch-Up Growth and Inter-Industry Productivity Spillovers," MPRA Paper 94730, University Library of Munich, Germany.
    36. Hübler, Michael, 2013. "South-North convergence from a new perspective," ZEW Discussion Papers 13-104, ZEW - Leibniz Centre for European Economic Research.
    37. Claustre Bajona & Timothy J. Kehoe, 2006. "Demographics in Dynamic Heckscher-Ohlin Models: Overlapping Generations Versus Infinitely Lived Consumers," NBER Working Papers 12566, National Bureau of Economic Research, Inc.
    38. Grier, Kevin & Grier, Robin, 2007. "Only income diverges: A neoclassical anomaly," Journal of Development Economics, Elsevier, vol. 84(1), pages 25-45, September.
    39. Clemens C. Struck & Adnan Velic, 2019. "Competing Gains From Trade," Working Papers 201909, School of Economics, University College Dublin.
    40. George Sorg-Langhans & Clemens Struck & Adnan Velic, 2017. "On the Factor Content of Trade," Trinity Economics Papers tep0817, Trinity College Dublin, Department of Economics, revised Jan 2018.
    41. George Sorg-Langhans & Clemens C. Struck & Adnan Velic, 2018. "Solving Leontief's Paradox with Endogenous Growth Theory," Working Papers 201819, School of Economics, University College Dublin.
    42. Partha Sen, 2010. "Monetary Policy, Capital Flows, And The Exchange Rate," Working papers 193, Centre for Development Economics, Delhi School of Economics.
    43. Dilip Mookherjee & Debraj Ray, 2010. "Inequality and Markets: Some Implications of Occupational Diversity," American Economic Journal: Microeconomics, American Economic Association, vol. 2(4), pages 38-76, November.
    44. Hu, Yunfang & Mino, Kazuo, 2013. "Trade structure and belief-driven fluctuations in a global economy," Journal of International Economics, Elsevier, vol. 90(2), pages 414-424.
    45. Rodrigo Fuentes & Verónica Mies, 2007. "Development Paths and Dynamic Comparative Advantages: When Leamer Met Solow," Working Papers Central Bank of Chile 453, Central Bank of Chile.
    46. Timothy J. Kehoe & Mark J. Gibson & Kim J. Ruhl & Claustre Bajona, 2008. "Trade liberalization growth and productivity," 2008 Meeting Papers 789, Society for Economic Dynamics.
    47. Wyatt J. Brooks & Pau S. Pujolas, 2016. "Captial Accumulation and the Welfare Gains from Trade," Department of Economics Working Papers 2016-03, McMaster University, revised Jul 2017.
    48. Han, Junhee & Lee, Keun, 2022. "Heterogeneous technology and specialization for economic growth beyond the middle-income stage," Economic Modelling, Elsevier, vol. 112(C).
    49. Emily T. Cremers, 2008. "Transfers, the Terms of Trade and Capital Accumulation," DEGIT Conference Papers c013_018, DEGIT, Dynamics, Economic Growth, and International Trade.
    50. Blanchard, Emily J. & Olney, William W., 2017. "Globalization and human capital investment: Export composition drives educational attainment," Journal of International Economics, Elsevier, vol. 106(C), pages 165-183.
    51. Xiaobing Xing & Jiexiang Xu, 2014. "The saving rate and the upgrade of the trade commodity structure in developing countries: A dynamic H-O model under an oligopolistic market structure," The Journal of International Trade & Economic Development, Taylor & Francis Journals, vol. 23(8), pages 1145-1169, December.
    52. Partha Sen, 2015. "Uncertain Lifetimes And Convergence In A Two-Country Heckscher-Ohlin Model," Working papers 246, Centre for Development Economics, Delhi School of Economics.
    53. Pedro Cavalcanti Ferreira & Alberto Trejos, 2022. "Trade and the propagation of global shocks," Economic Inquiry, Western Economic Association International, vol. 60(4), pages 1663-1680, October.
    54. Yunfang Hu & Kazuo Mino, 2011. "Globalization and Volatility under Alternative Trade Structures," KIER Working Papers 791, Kyoto University, Institute of Economic Research.
    55. Alvarez, Fernando, 2017. "Capital accumulation and international trade," Journal of Monetary Economics, Elsevier, vol. 91(C), pages 1-18.
    56. Emami Namini, Julian, 2014. "The short and long-run impact of globalization if firms differ in factor input ratios," Journal of Economic Dynamics and Control, Elsevier, vol. 38(C), pages 37-64.
    57. Zhang Wei-Bin, 2015. "A Synthesis of the Heckscher-Ohlin and Oniki-Uzawa Trade Models with Heterogeneous Tastes, Different Technologies, and Endogenous Wealth," Scientific Annals of Economics and Business, Sciendo, vol. 62(3), pages 391-410, November.
    58. Igor Fedotenkov & Bas Groezen & Lex Meijdam, 2014. "Demographic Change, International Trade and Capital Flows," Open Economies Review, Springer, vol. 25(5), pages 865-883, November.
    59. Basant Kapur, 2015. "A symmetric Heckscher–Ohlin model of endogenous growth," Journal of Economics, Springer, vol. 116(3), pages 183-209, November.
    60. Mr. Clinton R. Shiells & Joseph F. Francois, 2008. "Dynamic Factor Price Equalization & International Income Convergence," IMF Working Papers 2008/267, International Monetary Fund.
    61. Omer GOKCEKUS & Kevin BENGYAK, 2015. "Learning Heckscher-Ohlin Model in Five Easy Steps," Journal of Economics and Political Economy, KSP Journals, vol. 2(1), pages 137-143, March.

  26. Timothy J. Kehoe & Mark J. Gibson & Kim J. Ruhl & Claustre Bajona, 2008. "Trade liberalization growth and productivity," 2008 Meeting Papers 789, Society for Economic Dynamics.

    Cited by:

    1. Gibson, Mark & Graciano, Tim, 2011. "Trade Models with Heterogeneous Firms: What About Importing?," MPRA Paper 33048, University Library of Munich, Germany.
    2. International Monetary Fund, 2017. "Brazil: Selected Issues," IMF Staff Country Reports 2017/216, International Monetary Fund.
    3. Susanto Basu, 2014. "Productivity and the Welfare of Nations," 2014 Meeting Papers 787, Society for Economic Dynamics.
    4. Susanto Basu & Luigi Pascali & Fabio Schiantarelli & Luis Serven, 2022. "Productivity and the Welfare of Nations," Journal of the European Economic Association, European Economic Association, vol. 20(4), pages 1647-1682.
    5. Crespo, Aranzazu, 2012. "Trade, Innovation and Productivity: A Quantitative Analysis of Europe," MPRA Paper 57162, University Library of Munich, Germany.
    6. Saeed Solaymani & Mehdi Shokrinia, 2016. "Economic and environmental effects of trade liberalization in Malaysia," Journal of Social and Economic Development, Springer;Institute for Social and Economic Change, vol. 18(1), pages 101-120, October.
    7. Rubini Loris, 2020. "International Trade and Productivity after Apartheid," The B.E. Journal of Macroeconomics, De Gruyter, vol. 20(2), pages 1-32, June.
    8. Rudakovski, Yan (Рудаковский, Ян), 2019. "Estimation of Belarus Trade Policy Liberalization Process Following Customs Union Creation [Оценка Либерализации Нетарифных Барьеров Республики Беларусь После Создания Тc]," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 3, pages 110-131, June.
    9. Andrew Atkeson & Ariel Burstein, 2007. "Innovation, firm dynamics, and international trade," NBER Working Papers 13326, National Bureau of Economic Research, Inc.
    10. Ariel Burstein & Javier Cravino, 2012. "Measured Aggregate Gains from International Trade," NBER Working Papers 17767, National Bureau of Economic Research, Inc.
    11. Douglas A. Irwin, 2019. "Does Trade Reform Promote Economic Growth? A Review of Recent Evidence," NBER Working Papers 25927, National Bureau of Economic Research, Inc.
    12. Guido Sandleris & Mark L.J. Wright, 2011. "The Costs of Financial Crises: Resource Misallocation, Productivity and Welfare in the 2001 Argentine Crisis," NBER Working Papers 17552, National Bureau of Economic Research, Inc.
    13. Gibson, Mark J. & Graciano, Tim A., 2012. "Trade Engagement and Producer Performance," 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington 124833, Agricultural and Applied Economics Association.
    14. Stracca, Livio, 2013. "The rise of China and India: blessing or curse for the advanced countries?," Working Paper Series 1620, European Central Bank.

  27. Timothy J. Kehoe & Edward C. Prescott, 2008. "Using the general equilibrium growth model to study great depressions: a reply to Temin," Staff Report 418, Federal Reserve Bank of Minneapolis.

    Cited by:

    1. Luca PENSIEROSO, 2009. "Real Business Cycle Models of the Great Depression," LIDAM Discussion Papers IRES 2009034, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    2. Dou Jiang & Mark Weder, 2021. "American business cycles 1889-1913: An accounting approach," CAMA Working Papers 2021-06, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    3. Gabriel P. Mathy, 2020. "How much did uncertainty shocks matter in the Great Depression?," Cliometrica, Springer;Cliometric Society (Association Francaise de Cliométrie), vol. 14(2), pages 283-323, May.
    4. Luca, PENSIEROSO, 2007. "The Great Depression in Belgium from a Neo-Classical Perspective," Discussion Papers (ECON - Département des Sciences Economiques) 2007025, Université catholique de Louvain, Département des Sciences Economiques.
    5. Strulik, Holger & Trimborn, Timo, 2009. "Fiscal Stimulus: A Neoclassical Perspective," Hannover Economic Papers (HEP) dp-421, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät.

  28. Timothy J. Kehoe & Kim Ruhl, 2008. "Data Appendix to "Are Shocks to the Terms of Trade Shocks to Productivity?"," Online Appendices 07-40, Review of Economic Dynamics.

    Cited by:

    1. Juan Pablo Nicolini & Constantino Hevia & Joao Ayres, 2021. "Real Exchange Rates and Primary Commodity Prices: Mussa Meets Backus-Smith," Department of Economics Working Papers 2021_04, Universidad Torcuato Di Tella.
    2. Trejos, Alberto & Ferreira, Pedro Cavalcanti, 2008. "Trade in intermediate goods and total factor productivity," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 676, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    3. Italo Colantone & Rosario Crinò, 2011. "New Imported Inputs, New Domestic Products," Development Working Papers 312, Centro Studi Luca d'Agliano, University of Milano.
    4. David Kohn & Fernando Leibovici & Håkon Tretvoll, 2018. "Trade in Commodities and Business Cycle Volatility," Working Papers 2018-5, Federal Reserve Bank of St. Louis.
    5. Gibson, Mark & Graciano, Tim, 2011. "Trade Models with Heterogeneous Firms: What About Importing?," MPRA Paper 33048, University Library of Munich, Germany.
    6. Nicholas Oulton, 2021. "The effect of changes in the terms of trade on GDP and welfare: a Divisia approach to the SNA," Discussion Papers 2126, Centre for Macroeconomics (CFM).
    7. Correa-López, Mónica & de Blas, Beatriz, 2011. "International Transmission of Medium-Term Technology Cycles: Evidence from Spain as a Recipient Country," Working Papers in Economic Theory 2011/09, Universidad Autónoma de Madrid (Spain), Department of Economic Analysis (Economic Theory and Economic History).
    8. Guilló, Maria Dolores & Perez-Sebastian, Fidel, 2015. "Neoclassical growth and the natural resource curse puzzle," Journal of International Economics, Elsevier, vol. 97(2), pages 423-435.
    9. Gianluca Benigno & Huigang Chen & Christopher Otrok & Alessandro Rebucci & Eric R. Young, 2023. "Optimal Policy for Macrofinancial Stability," American Economic Journal: Macroeconomics, American Economic Association, vol. 15(4), pages 401-428, October.
    10. Ramanarayanan, Ananth, 2017. "Imported inputs, irreversibility, and international trade dynamics," Journal of International Economics, Elsevier, vol. 104(C), pages 1-18.
    11. Rubini, Loris, 2009. "Innovation and the Elasticity of Trade Volumes to Tariff Reductions," MPRA Paper 21484, University Library of Munich, Germany.
    12. Umer Shahzad & Xiaoyin He & Said Muhammad, 2023. "How Terms of Trade Impact Economic Growth: The Case of the United States," SAGE Open, , vol. 13(2), pages 21582440231, May.
    13. Juan Carlos Conesa & Timothy J. Kehoe & Kim J. Ruhl, 2007. "Modeling great depressions: the depression in Finland in the 1990s," Staff Report 401, Federal Reserve Bank of Minneapolis.
    14. Levchenko, Andrei & Bonadio, Barthelemey & Huo, Zhen & Pandalai-Nayar, Nitya, 2020. "Global Supply Chains in the Pandemic," CEPR Discussion Papers 14766, C.E.P.R. Discussion Papers.
    15. Pedro Cavalcanti Ferreira & Alberto Trejos, 2011. "Gains from Trade and Measured Total Factor Productivity," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 14(3), pages 496-510, July.
    16. Benigno, Gianluca & Chen, Huigang & Otrok, Christopher & Rebucci, Alessandro & Young, Eric R., 2010. "Revisiting overborrowing and its policy implications," LSE Research Online Documents on Economics 121730, London School of Economics and Political Science, LSE Library.
    17. Juan Nicolini & Constantino Hevia & Joao Ayres, 2015. "Real Exchange Rates and Commodity Prices," 2015 Meeting Papers 182, Society for Economic Dynamics.
    18. Proebsting, Christian, 2022. "Market segmentation and spending multipliers," Journal of Monetary Economics, Elsevier, vol. 128(C), pages 1-19.
    19. Kuralbayeva, Karlygash & Stefanski, Radoslaw, 2013. "Windfalls, structural transformation and specialization," Journal of International Economics, Elsevier, vol. 90(2), pages 273-301.
    20. Davis, J. Scott & Huang, Kevin X.D., 2011. "International real business cycles with endogenous markup variability," Journal of International Economics, Elsevier, vol. 85(2), pages 302-316.
    21. Paulo Santos Monteiro & Luciana Juvenal, 2012. "Trade and Synchronization in a Multi Country Economy," 2012 Meeting Papers 59, Society for Economic Dynamics.
    22. Pedro Cavalcanti Ferreira & Alberto Trejos, 2008. "Trade in intermediate goods and total factor productivity," Working Papers 08_18, Universidade de São Paulo, Faculdade de Economia, Administração e Contabilidade de Ribeirão Preto.
    23. Julian di Giovanni & Andrei A. Levchenko & Isabelle Mejean, 2020. "Foreign Shocks as Granular Fluctuations," Staff Reports 947, Federal Reserve Bank of New York.
    24. Francois de Soyres & Alexandre Gaillard, 2020. "Global Trade and GDP Co-Movement," International Finance Discussion Papers 1282, Board of Governors of the Federal Reserve System (U.S.).
    25. Kehoe, Timothy J. & Ruhl, Kim J., 2009. "Sudden stops, sectoral reallocations, and the real exchange rate," Journal of Development Economics, Elsevier, vol. 89(2), pages 235-249, July.
    26. Gianluca Benigno & Huigang Chen & Christopher Otrok & Alessandro Rebucci & Eric R. Young, 2010. "Financial Crises and Macro-Prudential Policies," CEP Discussion Papers dp1032, Centre for Economic Performance, LSE.
    27. Drechsel, Thomas & Tenreyro, Silvana, 2017. "Commodity booms and busts in emerging economies," LSE Research Online Documents on Economics 86152, London School of Economics and Political Science, LSE Library.
    28. Luis-Gonzalo Llosa, 2014. "How Do Terms of Trade Affect Productivity? The Role of Monopolistic Output Markets," Working Papers 7, Peruvian Economic Association.
    29. Francois de Soyres, 2016. "Trade and Interdependence in International Networks," 2016 Meeting Papers 157, Society for Economic Dynamics.
    30. Rodriguez, Diego & Gonzalez, Andres & Fernandez, Andres, 2015. "Sharing a Ride on the Commodities Roller Coaster: Common Factors in Business Cycles of Emerging Economies," IDB Publications (Working Papers) 7382, Inter-American Development Bank.
    31. Oviedo, P. Marcelo & Singh, Rajesh, 2013. "Investment composition and international business cycles," Journal of International Economics, Elsevier, vol. 89(1), pages 79-95.
    32. Robert C. Feenstra & Alan Heston & Marcel P. Timmer & Haiyan Deng, 2009. "Estimating Real Production and Expenditures across Nations: A Proposal for Improving the Penn World Tables," The Review of Economics and Statistics, MIT Press, vol. 91(1), pages 201-212, February.
    33. Juan Carlos Conesa & Pau S. Pujolas, 2019. "The Canadian productivity stagnation, 20022014," Canadian Journal of Economics, Canadian Economics Association, vol. 52(2), pages 561-583, May.
    34. Perilla Jimenez, Juan, 2022. "Income per-capita across-countries," MERIT Working Papers 2022-033, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    35. Gopinath, Gita & Neiman, Brent, 2014. "Trade Adjustment and Productivity in Large Crises," Scholarly Articles 12330899, Harvard University Department of Economics.
    36. Emilio Espino & Julian Kozlowski & Fernando M. Martin & Juan M. Sanchez, 2020. "Domestic Policies and Sovereign Default," Working Papers 2020-017, Federal Reserve Bank of St. Louis, revised 06 Sep 2023.
    37. Paul Ho & Pierre-Daniel G. Sarte & Felipe Schwartzman, 2022. "Multilateral Comovement in a New Keynesian World: A Little Trade Goes a Long Way," Working Paper 22-10, Federal Reserve Bank of Richmond.
    38. Baumeister, Christiane & Kilian, Lutz & Zhou, Xiaoqing, 2017. "Is the Discretionary Income Effect of Oil Price Shocks a Hoax?," CEPR Discussion Papers 11868, C.E.P.R. Discussion Papers.
    39. Oulton, Nicholas, 2023. "The effect of changes in the terms of trade on GDP and welfare: a Divisia approach to the system of national accounts," LSE Research Online Documents on Economics 118693, London School of Economics and Political Science, LSE Library.
    40. Caselli, Francesco & Koren, Miklos & Lisicky, Milan & Tenreyroy, Silvana, 2015. "Diversification through trade," LSE Research Online Documents on Economics 86293, London School of Economics and Political Science, LSE Library.
    41. Hevia, Constantino, 2014. "Emerging market fluctuations: What makes the difference?," Journal of International Economics, Elsevier, vol. 94(1), pages 33-49.
    42. Daniel , Betty C & Hafner, Christian & Manner, Hans & Simar, Leopold, 2011. "Asymmetries in Business Cycles and the Role of Oil Production," LIDAM Discussion Papers ISBA 2011032, Université catholique de Louvain, Institute of Statistics, Biostatistics and Actuarial Sciences (ISBA).
    43. Seon Tae Kim, 2013. "Online Appendix to "The Price of Imports and TFP: Application to the Korean Crisis of 1997-98"," Online Appendices 10-237, Review of Economic Dynamics.
    44. Alan V. Deardorff, 2016. "What Do We (and Others) Mean by "The Terms of Trade"?," Working Papers 651, Research Seminar in International Economics, University of Michigan.
    45. Cao, Shutao, 2017. "Accounting for productivity growth in a small open economy: Sector-specific technological change and relative prices of trade," Working Paper Series 20152, Victoria University of Wellington, School of Economics and Finance.
    46. George Alessandria & Sangeeta Pratap & Vivian Yue, 2013. "Export Dynamics in Large Devaluations," Working Papers 062013, Hong Kong Institute for Monetary Research.
    47. Pascal Towbin & Mr. Sebastian Weber, 2011. "Limits of Floating Exchange Rates: the Role of Foreign Currency Debt and Import Structure," IMF Working Papers 2011/042, International Monetary Fund.
    48. Ilham Haouas & Raimundo Soto, 2012. "Has the UAE Escaped the Oil Curse?," Documentos de Trabajo 412, Instituto de Economia. Pontificia Universidad Católica de Chile..
    49. Robert C. Feenstra & Robert Inklaar & Marcel Timmer, 2013. "The Next Generation of the Penn World Table," NBER Working Papers 19255, National Bureau of Economic Research, Inc.
    50. Salim B. Furth, 2010. "Terms of Trade Volatility and Precautionary Savings in Developing Economies," DEGIT Conference Papers c015_013, DEGIT, Dynamics, Economic Growth, and International Trade.
    51. Jacek Rothert, 2012. "Productivity or Demand? Identifying Sources of Fluctuations in Small Open Economies," 2012 Meeting Papers 187, Society for Economic Dynamics.
    52. Robert Zymek & Alejandro Cunat, 2017. "International Value-Added Linkages in Development Accounting," 2017 Meeting Papers 1136, Society for Economic Dynamics.
    53. Costas Arkolakis & Ananth Ramanarayanan, 2009. "Vertical Specialization and International Business Cycle Synchronization," Scandinavian Journal of Economics, Wiley Blackwell, vol. 111(4), pages 655-680, December.
    54. Hock Wong, 2010. "Terms of trade and economic growth in Japan and Korea: an empirical analysis," Empirical Economics, Springer, vol. 38(1), pages 139-158, February.
    55. Andrés Fernández & Stephanie Schmitt-Grohé & Martin Uribe, 2020. "Does the Commodity Super Cycle Matter?," Working Papers Central Bank of Chile 884, Central Bank of Chile.
    56. Daniel, Betty & Hafner, Christian & Manner, Hans & Simar, Leopold, 2017. "Asymmetries in Business Cycles and the Role of Oil Prices," LIDAM Discussion Papers ISBA 2017010, Université catholique de Louvain, Institute of Statistics, Biostatistics and Actuarial Sciences (ISBA).
    57. Robert C. Feenstra & Benjamin R. Mandel & Marshall B. Reinsdorf & Matthew J. Slaughter, 2013. "Effects of Terms of Trade Gains and Tariff Changes on the Measurement of US Productivity Growth," American Economic Journal: Economic Policy, American Economic Association, vol. 5(1), pages 59-93, February.
    58. Haishi Li, 2023. "Multinational Production and Global Shock Propagation during the Great Recession," CESifo Working Paper Series 10349, CESifo.
    59. Tarlok Singh, 2023. "Do terms of trade affect economic growth? Robust evidence from India," Economics of Transition and Institutional Change, John Wiley & Sons, vol. 31(2), pages 491-521, April.
    60. Oviedo, P. Marcelo & Singh, Rajesh, 2012. "Investment Composition and International Business Cycles," Staff General Research Papers Archive 35096, Iowa State University, Department of Economics.
    61. Michelle Connolly & Kei-Mu Yi, 2015. "How Much of South Korea's Growth Miracle Can Be Explained by Trade Policy?," American Economic Journal: Macroeconomics, American Economic Association, vol. 7(4), pages 188-221, October.
    62. Christian Daude, 2012. "Development Accounting: Lessons for Latin America," OECD Development Centre Working Papers 313, OECD Publishing.
    63. David Baqaee & Emmanuel Farhi, 2019. "Networks, Barriers, and Trade," NBER Working Papers 26108, National Bureau of Economic Research, Inc.
    64. Kaitila, Ville, 2015. "GDP Growth in Russia: Different Capital Stock Series and the Terms of Trade," ETLA Working Papers 28, The Research Institute of the Finnish Economy.
    65. Ariel Burstein & Javier Cravino, 2012. "Measured Aggregate Gains from International Trade," NBER Working Papers 17767, National Bureau of Economic Research, Inc.
    66. Timothy J. Kehoe & Kim J. Ruhl, 2010. "Why Have Economic Reforms in Mexico Not Generated Growth?," Journal of Economic Literature, American Economic Association, vol. 48(4), pages 1005-1027, December.
    67. Scott Davis & Mario Crucini, 2013. "Distribution capital and the short- and long-run import demand elasticity," 2013 Meeting Papers 453, Society for Economic Dynamics.
    68. Rubini, Loris, 2014. "Innovation and the trade elasticity," Journal of Monetary Economics, Elsevier, vol. 66(C), pages 32-46.
    69. Timothy J. Kehoe & Mark J. Gibson & Kim J. Ruhl & Claustre Bajona, 2008. "Trade liberalization growth and productivity," 2008 Meeting Papers 789, Society for Economic Dynamics.
    70. Jacek Rothert & Jacob Short, 2023. "Non-Traded Goods, Factor Markets Frictions, and International Capital Flows," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 48, pages 158-177, April.
    71. Demosthenes N. Tambakis & Nikola Tarashev, 2012. "Systematic monetary policy and the forward premium puzzle," BIS Working Papers 396, Bank for International Settlements.
    72. Guido Sandleris & Mark L.J. Wright, 2011. "The Costs of Financial Crises: Resource Misallocation, Productivity and Welfare in the 2001 Argentine Crisis," NBER Working Papers 17552, National Bureau of Economic Research, Inc.
    73. Samuel Verevis & Murat Üngör, 2021. "What has New Zealand gained from The FTA with China?: Two counterfactual analyses†," Scottish Journal of Political Economy, Scottish Economic Society, vol. 68(1), pages 20-50, February.
    74. François de Soyres, 2016. "Value Added and Productivity Linkages Across Countries," Working Papers 209, Oesterreichische Nationalbank (Austrian Central Bank).
    75. Marshall B. Reinsdorf, 2010. "Terms Of Trade Effects: Theory And Measurement," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 56(s1), pages 177-205, June.
    76. Sang-Wook (Stanley) Cho & Julian P. Daz, "undated". "Skill premium divergence: the roles of trade, capital and demographics," Bank of Estonia Working Papers wp2018-01, Bank of Estonia.
    77. Francois de Soyres & Alexandre Gaillard & Henry L. Young, 2023. "What is Measured in National Accounts?," International Finance Discussion Papers 1375, Board of Governors of the Federal Reserve System (U.S.).
    78. Pedro Cavalcanti Ferreira & Alberto Trejos, 2022. "Trade and the propagation of global shocks," Economic Inquiry, Western Economic Association International, vol. 60(4), pages 1663-1680, October.
    79. Basak, Gopal K. & Das, Pranab Kumar & Rohit, Allena, 2017. "Capital inflow-terms of trade ‘nexus’: Does it lead to financial crisis?," Economic Modelling, Elsevier, vol. 65(C), pages 18-29.
    80. Maria Bejan, 2011. "Trade Agreements and International Comovements: the Case of NAFTA (North American Free Trade Agreement)," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 14(4), pages 667-685, October.
    81. Gibson, Mark J. & Graciano, Tim A., 2012. "Trade Engagement and Producer Performance," 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington 124833, Agricultural and Applied Economics Association.
    82. Oviedo, P. Marcelo & Singh, Rajesh, 2008. "International Business Cycles with Mutliple Input Investment Technologies," Staff General Research Papers Archive 32800, Iowa State University, Department of Economics.
    83. Teresiński, Jan, 2019. "Total factor productivity and the terms of trade," IWH-CompNet Discussion Papers 6/2019, Halle Institute for Economic Research (IWH).
    84. Ferreira, Pedro Cavalcanti & Trejos, Alberto, 2010. "Gains from trade and measured total factor productivity," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 711, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    85. Liaila Tajibaeva, 2012. "Property Rights, Renewable Resources and Economic Development," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 51(1), pages 23-41, January.
    86. Ulrich Kohli, 2022. "Trading Gains and Productivity: A Törnqvist Approach," International Productivity Monitor, Centre for the Study of Living Standards, vol. 42, pages 63-86, Spring.
    87. Michael Siegenthaler, 2015. "Has Switzerland Really Been Marked by Low Productivity Growth? Hours Worked and Labor Productivity in Switzerland in a Long-run Perspective," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 61(2), pages 353-372, June.
    88. Paul Ilhak Ko, 2020. "Dissecting Trade and Business Cycle Co-movement," 2020 Papers pko1026, Job Market Papers.
    89. Loayza,Norman V. & Galego Mendes,Arthur & Mendez Ramos,Fabian & Pennings,Steven Michael, 2022. "Assessing the Effects of Natural Resources on Long-Term Growth : An Extension of the World Bank LongTerm Growth Model," Policy Research Working Paper Series 9965, The World Bank.
    90. Nopphawan Photphisutthiphong & Mark Weder, 2016. "Observations on the Australian Business Cycle," Journal of Business Cycle Research, Springer;Centre for International Research on Economic Tendency Surveys (CIRET), vol. 12(2), pages 141-164, December.
    91. Donaldson, Dave, 2010. "Railroads of the Raj: estimating the impact of transportation infrastructure," LSE Research Online Documents on Economics 38368, London School of Economics and Political Science, LSE Library.
    92. Paul Corrigan, 2017. "Terms-of-Trade and House Price Fluctuations: A Cross-Country Study," Staff Working Papers 17-1, Bank of Canada.
    93. Edmar Bacha & Regis Bonelli, 2015. "Coincident growth collapses: Brazil and Mexico since the early 1980s," Textos para Discussão 30, Instituto de Estudos de Política Econômica.
    94. Andrian, Leandro Gaston, 2010. "Essays on energy economics: Microeconomic and macroeconomic dimensions," ISU General Staff Papers 201001010800002725, Iowa State University, Department of Economics.
    95. Ogunlesi, Ayodeji, 2018. "Agricultural Productivity, Fiscal and Trade Policies Nexus in Sub-Saharan Africa: A Panel Structural Vector Error Correction Model Analysis," MPRA Paper 90202, University Library of Munich, Germany.

  29. Timothy J. Kehoe & Kim J. Ruhl, 2008. "Sudden stops, sectoral reallocations, and the real exchange rate," Staff Report 414, Federal Reserve Bank of Minneapolis.

    Cited by:

    1. Joseph Steinberg, 2018. "The Macroeconomic Impact of NAFTA Termination," 2018 Meeting Papers 753, Society for Economic Dynamics.
    2. Fernando Alvarez & Francesco Lippi & Juan Passadore, 2016. "Are State- and Time-Dependent Models Really Different?," NBER Chapters, in: NBER Macroeconomics Annual 2016, Volume 31, pages 379-457, National Bureau of Economic Research, Inc.
    3. Ippei Fujiwara & Keisuke Otsu & Masashi Saito, 2011. "The Global Impact of Chinese Growth," Studies in Economics 1115, School of Economics, University of Kent.
    4. Francisco Gallego & José Tessada, 2010. "Sudden Stops, Financial Frictions, and Labor Market Flows: Evidence from Latin America," Working Papers ClioLab 10, EH Clio Lab. Instituto de Economía. Pontificia Universidad Católica de Chile.
    5. Trejos, Alberto & Ferreira, Pedro Cavalcanti, 2008. "Trade in intermediate goods and total factor productivity," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 676, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    6. Timothy Kehoe & Felipe Meza, 2011. "Catch-up Growth Followed by Stagnation: Mexico 1950–2008," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 48(2), pages 227-268.
    7. Rafael Dix-Carneiro & João Paulo Pessoa & Ricardo Reyes-Heroles & Sharon Traiberman, 2023. "Globalization, Trade Imbalances, and Labor Market Adjustment," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 138(2), pages 1109-1171.
    8. Pozo, Jorge, 2023. "Sectoral credit reallocation: An excessive bank risk-taking explanation," Emerging Markets Review, Elsevier, vol. 54(C).
    9. Yuko Imura, 2014. "Credit Market Frictions and Sudden Stops," Staff Working Papers 14-49, Bank of Canada.
    10. Jorge Lorca, 2021. "Capital Flows and Emerging Markets Fluctuations," Working Papers Central Bank of Chile 898, Central Bank of Chile.
    11. Luisito Bertinelli & Olivier Cardi & Romain Restout, 2021. "Labor Market Effects of Technology Shocks Biased toward the Traded Sector," Working Papers 342990229, Lancaster University Management School, Economics Department.
    12. Christopher L. House & Christian Proebsting & Linda L. Tesar, 2019. "Regional Effects of Exchange Rate Fluctuations," NBER Working Papers 26071, National Bureau of Economic Research, Inc.
    13. Meza, Felipe & Urrutia, Carlos, 2011. "Financial liberalization, structural change, and real exchange rate appreciations," Journal of International Economics, Elsevier, vol. 85(2), pages 317-328.
    14. Yothin Jinjarak & Kanda Naknoi, 2010. "Real Exchange Rate Fluctuations, Wage Stickiness and Tradability," Purdue University Economics Working Papers 1255, Purdue University, Department of Economics.
    15. Van Nguyen, Phuong, 2020. "The Vietnamese business cycle in an estimated small open economy New Keynesian DSGE model," Dynare Working Papers 56, CEPREMAP.
    16. Brei, Michael & Buzaushina, Almira, 2015. "International financial shocks in emerging markets," Journal of International Money and Finance, Elsevier, vol. 58(C), pages 51-74.
    17. Pratap, Sangeeta & Quintin, Erwan, 2011. "Financial crises and labor market turbulence," Journal of Monetary Economics, Elsevier, vol. 58(6), pages 601-615.
    18. Emine Boz & C. Bora Durdu & Nan Li, 2015. "Emerging Market Business Cycles: The Role of Labor Market Frictions," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 47(1), pages 31-72, February.
    19. Nan Li & Ceyhun Bora Durdu & Emine Boz, 2010. "Labor Market Search in Emerging Economies," 2010 Meeting Papers 255, Society for Economic Dynamics.
    20. Osman F. Abbasoğlu & Ayşe İmrohoroğlu & Ayşe Kabukçuoğlu, 2019. "The Turkish Current Account Deficit," Economic Inquiry, Western Economic Association International, vol. 57(1), pages 515-536, January.
    21. Pedro Cavalcanti Ferreira & Alberto Trejos, 2008. "Trade in intermediate goods and total factor productivity," Working Papers 08_18, Universidade de São Paulo, Faculdade de Economia, Administração e Contabilidade de Ribeirão Preto.
    22. Timothy J. Kehoe & Kim J. Ruhl, 2008. "Are Shocks to the Terms of Trade Shocks to Productivity?," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 11(4), pages 804-819, October.
    23. Zhen Huo & Jose-Victor Rios-Rull, 2020. "Demand Induced Fluctuations," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 37, pages 99-117, August.
    24. Arellano, Cristina & Bai, Yan & Mihalache, Gabriel, 2018. "Default risk, sectoral reallocation, and persistent recessions," Journal of International Economics, Elsevier, vol. 112(C), pages 182-199.
    25. William D. Craighead & David R. Hineline, 2013. "Current Account Reversals and Structural Change in Developing and Industrialized Countries," Wesleyan Economics Working Papers 2013-001, Wesleyan University, Department of Economics.
    26. Oviedo, P. Marcelo & Singh, Rajesh, 2013. "Investment composition and international business cycles," Journal of International Economics, Elsevier, vol. 89(1), pages 79-95.
    27. Jacek Rothert & Jacob Short, 2014. "Non-Traded Goods and Capital Flows to Developing Countries," Departmental Working Papers 47, United States Naval Academy Department of Economics.
    28. Konstantinos Angelopoulos & George Economides & Vangelis Vassilatos, 2008. "Do institutions matter for economic fluctuations? Weak property rights in a business cycle model for Mexico," Working Papers 2008_38, Business School - Economics, University of Glasgow.
    29. Hevia, Constantino, 2014. "Emerging market fluctuations: What makes the difference?," Journal of International Economics, Elsevier, vol. 94(1), pages 33-49.
    30. Kanda Naknoi, 2017. "Real exchange rate fluctuations, wage stickiness and tradability," Canadian Journal of Economics, Canadian Economics Association, vol. 50(1), pages 94-110, February.
    31. Alonso-Ortiz, Jorge & Colla, Esteban & Da-Rocha, Jose-Maria, 2014. "Bounding the productivity default shock : Evidence from the The European Sovereign Debt Crisis," MPRA Paper 59617, University Library of Munich, Germany.
    32. Luis Carranza & José Enrique Galdón Sánchez & Javier Gómez Biscarri, 2008. "The relationship between investment and large exchange rate depreciations in dollarized economies," Faculty Working Papers 01/08, School of Economics and Business Administration, University of Navarra.
    33. Paul Maarek & Elsa Orgiazzi, 2011. "Which factor bears the cost of currency crises?," Economics Working Paper Archive (University of Rennes 1 & University of Caen) 201101, Center for Research in Economics and Management (CREM), University of Rennes 1, University of Caen and CNRS.
    34. Rick Van der Ploeg & Anthony Venables, 2010. "Absorbing a Windfall of Foreign Exchange: Dutch disease dymanics," OxCarre Working Papers 052, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
    35. Jacek Rothert, 2019. "International Business Cycles in Emerging Markets," Departmental Working Papers 63, United States Naval Academy Department of Economics.
    36. Benjamin David & Meza Felipe, 2009. "Total Factor Productivity and Labor Reallocation: The Case of the Korean 1997 Crisis," The B.E. Journal of Macroeconomics, De Gruyter, vol. 9(1), pages 1-41, July.
    37. Dooyeon Cho & Antonio Doblas-Madrid, 2013. "Business Cycle Accounting East and West: Asian Finance and the Investment Wedge," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 16(4), pages 724-744, October.
    38. Zhen Huo & José-Víctor Ríos-Rull, 2013. "Paradox of Thrift Recessions," NBER Working Papers 19443, National Bureau of Economic Research, Inc.
    39. Timothy J. Kehoe & Kim J. Ruhl & Joseph B. Steinberg, 2013. "Global Imbalances and Structural Change in the United States," NBER Working Papers 19339, National Bureau of Economic Research, Inc.
    40. Jacek Rothert & Amanda Michaud, 2011. "Optimal Borrowing Constraints and Growth in a Small Open Economy," Department of Economics Working Papers 130225, The University of Texas at Austin, Department of Economics, revised Feb 2013.
    41. Achim Schmillen, 2013. "Are wages equal across sectors of production?," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 21(4), pages 655-682, October.
    42. Jacek Rothert & Mohammad Rahmati, 2014. "Business Cycle Accounting in a Small Open Economy," Departmental Working Papers 46, United States Naval Academy Department of Economics.
    43. Andreas Bachmann & Stefan Leist, 2017. "Sudden stops and output: an empirical Markov switching analysis," Empirical Economics, Springer, vol. 53(2), pages 525-567, September.
    44. Horag Choi, 2013. "The Role of Establishment Heterogeneity in the Recovery from Sudden Stops," 2013 Meeting Papers 509, Society for Economic Dynamics.
    45. Timothy J. Kehoe & Felipe Meza, 2011. "Catch-up Growth Followed by Stagnation: Mexico, 1950-2010," NBER Working Papers 17700, National Bureau of Economic Research, Inc.
    46. Marcello Spanò, 2012. "The Effect Of Openness On Foreign Reserves And Growth In The Emerging Economies," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 1, pages 7-23, March.
    47. Felipe Meza & Carlos Urrutia, 2008. "Great Appreciations: Accounting for the Real Exchange Rate in Mexico, 1988-2002," Working Papers 0807, Centro de Investigacion Economica, ITAM.
    48. Yan Carrière-Swallow & Bertrand Gruss & Nicolas E. Magud & Fabián Valencia, 2021. "Monetary Policy Credibility and Exchange Rate Pass-Through," International Journal of Central Banking, International Journal of Central Banking, vol. 17(3), pages 61-94, September.
    49. Schwartzman, Felipe, 2014. "Time to produce and emerging market crises," Journal of Monetary Economics, Elsevier, vol. 68(C), pages 37-52.
    50. István Kónya & Miklós Váry, 2023. "Which Sectors Go On When There Is a Sudden Stop? An Empirical Analysis," CERS-IE WORKING PAPERS 2311, Institute of Economics, Centre for Economic and Regional Studies.
    51. Rudolfs Bems & Julian di Giovanni, 2016. "Income-Induced expenditure switching," Economics Working Papers 1534, Department of Economics and Business, Universitat Pompeu Fabra.
    52. Cardi, Olivier & Restout, Romain, 2023. "Sectoral fiscal multipliers and technology in open economy," Journal of International Economics, Elsevier, vol. 144(C).
    53. Sangeeta Pratap & Carlos Urrutia, 2010. "Financial Frictions and Total Factor Productivity: Accounting for the Real Effects of Financial Crises," Economics Working Paper Archive at Hunter College 429, Hunter College Department of Economics.
    54. Li, Jinyue, 2018. "Sudden stops, financial frictions, and the banking sector," Journal of International Money and Finance, Elsevier, vol. 87(C), pages 144-154.
    55. 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.
    56. Paul Maarek & Elsa Orgiazzi, 2013. "Currency Crises and the Labour Share," Economica, London School of Economics and Political Science, vol. 80(319), pages 566-588, July.
    57. Ariel Burstein & Gita Gopinath, 2013. "International Prices and Exchange Rates," NBER Working Papers 18829, National Bureau of Economic Research, Inc.
    58. Timothy J. Kehoe & Kim J. Ruhl & Joe Steinberg, 2013. "What will happen when foreigners stop lending to the United States?," Economic Policy Paper 13-4, Federal Reserve Bank of Minneapolis.
    59. Cabral, René & Mollick, André Varella, 2017. "Mexican real wages and the U.S. economy," Economic Modelling, Elsevier, vol. 64(C), pages 141-152.
    60. Yazdani , Mahdi & Daryani , Elmira, 2021. "Output Loss from Sudden Stop of FDI and the Role of Macroeconomic Policies," Journal of Money and Economy, Monetary and Banking Research Institute, Central Bank of the Islamic Republic of Iran, vol. 16(2), pages 213-236, June.
    61. Echeverria Garaigorta, Paulina Elisa & Iza Padilla, María Amaya, 2010. "Prices and the Real Exchange Rate in Hong Kong: 1985-2006," DFAEII Working Papers 1988-088X, University of the Basque Country - Department of Foundations of Economic Analysis II.
    62. Gabriela Cugat, 2019. "Emerging markets, household heterogeneity, and exchange rate policy," 2019 Meeting Papers 526, Society for Economic Dynamics.
    63. Oscar Afonso & Manuela Magalhães, 2021. "The role of intellectual property rights in a directed technical change model," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 26(2), pages 2142-2176, April.
    64. Kim, Sunghyun H. & Kose, M. Ayhan, 2014. "Welfare implications of trade liberalization and fiscal reform: A quantitative experiment," Journal of International Economics, Elsevier, vol. 92(1), pages 198-209.
    65. Berrak Bahadir & Inci Gumus, 2021. "House Prices, Collateral Effects and Sectoral Output Dynamics in Emerging Market Economies," Working Papers 2105, Florida International University, Department of Economics.
    66. Gustavo González, 2022. "Commodity price shocks, factor utilization, and productivity dynamics," Working Papers Central Bank of Chile 939, Central Bank of Chile.
    67. Hur, Sewon & Kondo, Illenin O., 2016. "A theory of rollover risk, sudden stops, and foreign reserves," Journal of International Economics, Elsevier, vol. 103(C), pages 44-63.
    68. Jacek Rothert & Jacob Short, 2023. "Non-Traded Goods, Factor Markets Frictions, and International Capital Flows," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 48, pages 158-177, April.
    69. Rudolfs Bems, 2008. "Aggregate Investment Expenditures on Tradable and Nontradable Goods," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 11(4), pages 852-883, October.
    70. Keisuke Otsu, 2008. "A Neoclassical Analysis of The Korean Crisis," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 11(2), pages 449-471, April.
    71. Guido Sandleris & Mark L.J. Wright, 2011. "The Costs of Financial Crises: Resource Misallocation, Productivity and Welfare in the 2001 Argentine Crisis," NBER Working Papers 17552, National Bureau of Economic Research, Inc.
    72. Andreas Bachmann & Stefan Leist, 2013. "Sudden stop regimes and output: a Markov switching analysis," Diskussionsschriften dp1307, Universitaet Bern, Departement Volkswirtschaft.
    73. Queralto, Albert, 2020. "A model of slow recoveries from financial crises," Journal of Monetary Economics, Elsevier, vol. 114(C), pages 1-25.
    74. Inagaki, Kazuyuki, 2021. "How are the international capital flows of rapidly aging countries affected by the elderly working longer?," Economic Modelling, Elsevier, vol. 97(C), pages 285-297.
    75. Nan Li, 2008. "Cyclical Wage Movements in Emerging Markets Compared to Developed Economies: the Role of Interest Rates," 2008 Meeting Papers 438, Society for Economic Dynamics.
    76. Zhen Huo & José-Víctor Ríos-Rull, 2013. "Engineering a paradox of thrift recession," FRB Atlanta CQER Working Paper 2013-03, Federal Reserve Bank of Atlanta.
    77. Cowan, Kevin & Raddatz, Claudio, 2011. "Sudden stops and financial frictions : evidence from industry level data," Policy Research Working Paper Series 5605, The World Bank.
    78. Ferreira, Pedro Cavalcanti & Trejos, Alberto, 2010. "Gains from trade and measured total factor productivity," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 711, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    79. Albert Queraltó, 2013. "A Model of Slow Recoveries from Financial Crises," International Finance Discussion Papers 1097, Board of Governors of the Federal Reserve System (U.S.).
    80. Bahadir, Berrak & Gumus, Inci, 2022. "House prices, collateral effects and sectoral output dynamics in emerging market economies," Journal of International Money and Finance, Elsevier, vol. 129(C).
    81. Vicondoa, Alejandro, 2019. "Monetary news in the United States and business cycles in emerging economies," Journal of International Economics, Elsevier, vol. 117(C), pages 79-90.

  30. Caroline M. Betts & Timothy J. Kehoe, 2008. "Real exchange rate movements and the relative price of non-traded goods," Staff Report 415, Federal Reserve Bank of Minneapolis.

    Cited by:

    1. Aaron Tornell & Frank Westermann & Lorenza Martinez, 2004. "The Positive Link Between Financial Liberalization, Growth and Crises," NBER Working Papers 10293, National Bureau of Economic Research, Inc.
    2. Dimitris K. Christopoulos & Karine Gente & Miguel A. Leon-Ledesma, 2008. "Net Foreign Assets, Productivity and Real Exchange Rates in Constrained Economies," Discussion Papers 2008-17, School of Economics, The University of New South Wales.
    3. Ibhagui, Oyakhilome, 2017. "Linking Fiscal Policy and External Competitiveness in Sub-Saharan Africa – Does Government Spending Drive The Real Exchange Rate in Sub-Saharan Africa," MPRA Paper 77291, University Library of Munich, Germany, revised 03 Mar 2017.
    4. Lombardo, Giovanni & Ravenna, Federico, 2012. "The size of the tradable and non-tradable sectors: Evidence from input–output tables for 25 countries," Economics Letters, Elsevier, vol. 116(3), pages 558-561.
    5. Charles Engel, 2002. "Expenditure Switching and Exchange Rate Policy," NBER Working Papers 9016, National Bureau of Economic Research, Inc.
    6. Jönsson, Kristian, 2005. "Real Exchange Rate and Consumption Fluctuations following Trade Liberalization," Working Paper Series 187, Sveriges Riksbank (Central Bank of Sweden).
    7. Devereux, Michael B. & Yetman, James, 2010. "Price adjustment and exchange rate pass-through," Journal of International Money and Finance, Elsevier, vol. 29(1), pages 181-200, February.
    8. Pau Rabanal & Juan F. Rubio-Ramirez & Vicente Tuesta, 2009. "Cointegrated TFP processes and international business cycles," FRB Atlanta Working Paper 2009-23, Federal Reserve Bank of Atlanta.
    9. P. Jacob, 2010. "Disaggregating Real Exchange Rate Dynamics: A Structural Approach," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 10/655, Ghent University, Faculty of Economics and Business Administration.
    10. Vicente Tuesta & Jorge Selaive, 2004. "Net Foreing Assets and Imperfect Pass-through: The Consumption-Real Exchange Rate Anomaly," 2004 Meeting Papers 203, Society for Economic Dynamics.
    11. Ibhagui, Oyakhilome, 2015. "Understanding the Sources of High Current Account Fluctuations in 5 Developed Economies," MPRA Paper 75881, University Library of Munich, Germany.
    12. David Parsley & Helen Popper, 2010. "Understanding Real Exchange Rate Movements With Trade In Intermediate Products," Pacific Economic Review, Wiley Blackwell, vol. 15(2), pages 171-188, May.
    13. Jinbin Wang & Nan Li, 2010. "Exchange rate pass-through: The case of China," Frontiers of Economics in China, Springer;Higher Education Press, vol. 5(3), pages 356-374, September.
    14. Aaron Tornell & Frank Westermann, 2005. "Boom-Bust Cycles and Financial Liberalization," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262201593, December.
    15. Ida Wolden Bache & Kjersti Næss & Tommy Sveen, 2009. "Revisiting the importance of non-tradable goods' prices in cyclical real exchange rate fluctuations," Working Paper 2009/03, Norges Bank.
    16. Naknoi, Kanda, 2008. "Real exchange rate fluctuations, endogenous tradability and exchange rate regimes," Journal of Monetary Economics, Elsevier, vol. 55(3), pages 645-663, April.
    17. Aydan Dogan & Timo Bettendorf, 2020. "Revisiting real exchange rate volatility: non-traded goods and cointegrated TFP shocks," Oxford Economic Papers, Oxford University Press, vol. 72(1), pages 80-100.
    18. Tony Cavoli & Sasidaran Gopalan & Ramkishen S. Rajan, 2021. "Do macroprudential policies counter real exchange rate appreciation in emerging markets?," The World Economy, Wiley Blackwell, vol. 44(7), pages 2164-2187, July.
    19. Matthieu Bussiere & Aikaterini Karadimitropoulou & Miguel A. Leon-Ledesma, 2017. "Current account dynamics and the real exchange rate: disentangling the evidence," Working Papers 239, Bank of Greece.
    20. Frensch, Richard & Schmillen, Achim, 2011. "Can we identify Balassa-Samuelson effects with measures of product variety?," Economic Systems, Elsevier, vol. 35(1), pages 98-108, March.
    21. Rod Tyers & Ying Zhang, 2014. "Real exchange rate determination and the China puzzle," Asian-Pacific Economic Literature, The Crawford School, The Australian National University, vol. 28(2), pages 1-32, November.
    22. Betts, Caroline M. & Kehoe, Timothy J., 2006. "U.S. real exchange rate fluctuations and relative price fluctuations," Journal of Monetary Economics, Elsevier, vol. 53(7), pages 1297-1326, October.
    23. Ugur Ciplak, 2007. "Real Exchange Rate Fluctuations and Relative Prices in Turkey," Central Bank Review, Research and Monetary Policy Department, Central Bank of the Republic of Turkey, vol. 7(2), pages 29-48.
    24. Arsham Reisinezhad, 2018. "Economic Growth and Income Inequality in Resource Countries: Theory and Evidence," PSE Working Papers halshs-01707976, HAL.
    25. Achim Schmillen, 2011. "Are Wages Equal Across Sectors of Production? A Panel Data Analysis for Tradable and Non-Tradable Goods," Working Papers 102, Bavarian Graduate Program in Economics (BGPE).
    26. Chatterjee, Santanu & Turnovsky, Stephen J., 2018. "Remittances and the informal economy," Journal of Development Economics, Elsevier, vol. 133(C), pages 66-83.
    27. Aydan Dogan, 2014. "Euro- US Real Exchange Rate Dynamics: How Far Can We Push Equilibrium Models?," Studies in Economics 1409, School of Economics, University of Kent.
    28. Bettendorf, Timo & Chen, Wenjuan, 2013. "Are there bubbles in the Sterling-dollar exchange rate? New evidence from sequential ADF tests," Economics Letters, Elsevier, vol. 120(2), pages 350-353.
    29. Paul R. Bergin & Reuven Glick, 2005. "Endogenous nontradability and macroeconomic implications," Working Paper Series 2003-09, Federal Reserve Bank of San Francisco.
    30. Javier Cravino & Samuel E. Haltenhof, 2017. "Real Exchange Rates, Income per Capita, and Sectoral Input Shares," NBER Working Papers 23705, National Bureau of Economic Research, Inc.
    31. Ouyang, Alice Y. & Rajan, Ramkishen S., 2013. "Real exchange rate fluctuations and the relative importance of nontradables," Journal of International Money and Finance, Elsevier, vol. 32(C), pages 844-855.
    32. Yang Hu & Les Oxley, 2016. "Are there Bubbles in Exchange Rates? Some New Evidence from G10 and Emerging Markets Countries," Working Papers in Economics 16/05, University of Waikato.
    33. Silvio Contessi, 2010. "How does multinational production change international comovement?," Working Papers 2010-041, Federal Reserve Bank of St. Louis.
    34. Bems, Rudolfs & Jönsson Hartelius, Kristian, 2003. "Trade Deficits in the Baltic States: How Long Will the Party Last?," SSE/EFI Working Paper Series in Economics and Finance 0543, Stockholm School of Economics, revised 02 May 2005.
    35. Itskhoki, Oleg & Mukhin, Dmitry, 2021. "Exchange rate disconnect in general equilibrium," LSE Research Online Documents on Economics 112140, London School of Economics and Political Science, LSE Library.
    36. Erick M. Kitenge & A. K. M. Mahbub Morshed, 2020. "On Cross-Country Differences in the Contribution of Nontraded Goods to Real Exchange Rate Fluctuations," Open Economies Review, Springer, vol. 31(5), pages 1117-1145, November.
    37. Achim Schmillen, 2013. "Are wages equal across sectors of production?," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 21(4), pages 655-682, October.
    38. Serge Rey, 2009. "L’apport du Natrex à la modélisation des taux de change d’équilibre : théorie et application au dollar canadien," Post-Print hal-01885310, HAL.
    39. Aaron Tornell, 2002. "The Credit Channel in Middle Income Countries (October 2002), with Frank Westermann," UCLA Economics Online Papers 216, UCLA Department of Economics.
    40. Jönsson, Kristian, 2004. "Real Exchange Rate and Consumption Fluctuations following Trade Liberalization," SSE/EFI Working Paper Series in Economics and Finance 568, Stockholm School of Economics, revised 04 Jan 2005.
    41. Aaron Tornell & Frank Westermann, 2002. "Boom-Bust Cycles in Middle Income Countries: Facts and Explanation," IMF Staff Papers, Palgrave Macmillan, vol. 49(Special i), pages 111-155.
    42. Elena, Trukhacheva & Kirill, Sossounov, 2007. "The role of home and foreign prices on tradables and nontradables in RER fluctuations in Russia," MPRA Paper 18550, University Library of Munich, Germany.
    43. Çepni, Oğuzhan & Gül, Selçuk & Hacıhasanoğlu, Yavuz Selim & Yılmaz, Muhammed Hasan, 2020. "Global uncertainties and portfolio flow dynamics of the BRICS countries," Research in International Business and Finance, Elsevier, vol. 54(C).
    44. Ouyang, Alice Y. & Paul, Saumik, 2018. "The effect of skilled emigration on real exchange rates through the wage channel," Journal of International Money and Finance, Elsevier, vol. 89(C), pages 139-153.
    45. Oleg Itskhoki, 2021. "The Story of the Real Exchange Rate," Annual Review of Economics, Annual Reviews, vol. 13(1), pages 423-455, August.
    46. Santanu Chatterjee & Mark C. Kelly & Stephen J. Turnovsky, 2022. "Foreign aid, public investment, and the informal economy," Economic Inquiry, Western Economic Association International, vol. 60(1), pages 174-201, January.
    47. Lenarčič, Črt, 2019. "Inflation – Harrod-Balassa-Samuelson effect in a DSGE model setting," MPRA Paper 101199, University Library of Munich, Germany.
    48. Radek Stefanski, 2019. "Boom Goes the Price: Giant Resource Discoveries and Real Exchange Rate Appreciation," 2019 Meeting Papers 101, Society for Economic Dynamics.
    49. Ivan Paya & Ioannis A. Venetis & David A. Peel, 2003. "Further Evidence on PPP Adjustment Speeds: the Case of Effective Real Exchange Rates and the EMS," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 65(4), pages 421-437, September.
    50. Torfinn Harding & Radoslaw Stefanski, 2016. "Boom goes the price: Giant resource discoveries and real," OxCarre Working Papers 174, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
    51. Javier Reyes, 2007. "Exchange Rate Passthrough Effects and Inflation Targeting in Emerging Economies: What is the Relationship?," Review of International Economics, Wiley Blackwell, vol. 15(3), pages 538-559, August.
    52. Aaron Tornell & Frank Westermann & Lorenza Martinez, 2003. "Liberalization, Growth, and Financial Crises: Lessons from Mexico and the Developing World," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 34(2), pages 1-112.
    53. Robertson, Raymond, 2004. "Defining North American Economic Integration," 2004 NAAMIC Workshop I: North American Agrifood Market Integration: Current Situation and Perspectives 163856, North American Agrifood Market Integration Consortium (NAAMIC).
    54. Bettendorf, Timo & Chen, Wenjuan, 2012. "Are there bubbles in the Sterling-dollar Exchange Rate? New evidence from Sequential ADF Tests," Discussion Papers 2012/21, Free University Berlin, School of Business & Economics.
    55. Aaron Tornell & Frank Westermann, 2002. "The Credit Channel in Middle Income Countries," NBER Working Papers 9355, National Bureau of Economic Research, Inc.
    56. Roy J. Ruffin, 2014. "Nontraded Goods and Real Exchange Rates in a Multi-Good Ricardian Model," Review of International Economics, Wiley Blackwell, vol. 22(1), pages 105-115, February.
    57. Michael B. Devereux & James Yetman, 2002. "Price Setting and Exhange Rate Pass-Through," Working Papers 222002, Hong Kong Institute for Monetary Research.
    58. Andrés Sagner, 2010. "Implied Probability Distribution in Financial Options," Working Papers Central Bank of Chile 597, Central Bank of Chile.
    59. Paul R. Bergin & Reuven Glick, 2003. "Endogenous Tradability and Macroeconomic Implications," NBER Working Papers 9739, National Bureau of Economic Research, Inc.
    60. Lein‐Lein Chen & Seungmook Choi & John Devereux, 2015. "Explaining price level differences: New evidence on the Balassa–Samuelson effect," Southern Economic Journal, John Wiley & Sons, vol. 82(1), pages 81-99, July.
    61. Robertson, Raymond & Kumar, Anil & Dutkowsky, Donald H., 2014. "Weak-form and strong-form purchasing power parity between the US and Mexico: A panel cointegration investigation," Journal of Macroeconomics, Elsevier, vol. 42(C), pages 241-262.
    62. Menzies, Gordon & Xiao, Sylvia Xiaolin & Dixon, Peter & Peng, Xiujian & Rimmer, Maureen, 2016. "Rural-led exchange rate appreciation in China," China Economic Review, Elsevier, vol. 39(C), pages 15-30.
    63. Cho, Dooyeon & Doblas-Madrid, Antonio, 2014. "Trade intensity and purchasing power parity," Journal of International Economics, Elsevier, vol. 93(1), pages 194-209.
    64. Kanda Naknoi, 2005. "Real Exchange Rate Fluctuations and Endogenous Tradability," 2005 Meeting Papers 857, Society for Economic Dynamics.
    65. Sai Ma & Tim Schmidt-Eisenlohr, 2023. "The Financial Channel of the Exchange Rate and Global Trade," CESifo Working Paper Series 10495, CESifo.
    66. Ma, Wei & Li, Haiqi & Park, Sung Y., 2017. "Empirical conditional quantile test for purchasing power parity: Evidence from East Asian countries," International Review of Economics & Finance, Elsevier, vol. 49(C), pages 211-222.
    67. Yoshinori Kurokawa & Jiaren Pang & Yao Tang, 2013. "Exchange Rate Regimes and Wage Comovements in a Ricardian Model with Money," Tsukuba Economics Working Papers 2013-005, Faculty of Humanities and Social Sciences, University of Tsukuba, revised Jul 2016.
    68. Müller-Plantenberg, Nikolas, 2012. "Boom-and-bust cycles marked by capital inflows, current account deterioration and a rise and fall of the real exchange rate," Working Papers in Economic Theory 2012/10, Universidad Autónoma de Madrid (Spain), Department of Economic Analysis (Economic Theory and Economic History).
    69. Lenarčič, Črt & Masten, Igor, 2020. "Is there a Harrod-Balassa-Samuelson effect? New panel data evidence from 28 European countries," MPRA Paper 100647, University Library of Munich, Germany.
    70. Sai Ma & Tim Schmidt-Eisenlohr & Shaojun Zhang, 2020. "The Effect of the Dollar on Trade Prices," CESifo Working Paper Series 8727, CESifo.
    71. Reuven Glick & Paul Bergin, 2004. "Productivity and Tradability," 2004 Meeting Papers 327, Society for Economic Dynamics.
    72. Aikaterini Karadimitropoulou & Miguel A. León-Ledesma, 2009. "Sources of Current Account Fluctuations in Industrialized Countries," Studies in Economics 0910, School of Economics, University of Kent.
    73. Santanu Chatterjee & Stephen J. Turnovsky, 2023. "Government expenditure and informality in an emerging economy: the recent experience of India," Indian Economic Review, Springer, vol. 58(2), pages 293-318, September.
    74. Maria Eleftheriou & Nikolas A. Müller-Plantenberg, 2018. "The Purchasing Power Parity Fallacy: Time to Reconsider the PPP Hypothesis," Open Economies Review, Springer, vol. 29(3), pages 481-515, July.
    75. Jan J J Groen & Clare Lombardelli, 2004. "Real exchange rates and the relative prices of non-traded and traded goods: an empirical analysis," Bank of England working papers 223, Bank of England.
    76. Aaron Tornell, 2003. "Liberalization, Growth and Financial Crises (October 2003)," UCLA Economics Online Papers 276, UCLA Department of Economics.
    77. Chen, Lein-Lein & Choi, Seungmook & Devereux, John, 2015. "Accounting for real exchange rate changes at long time horizons," Journal of Macroeconomics, Elsevier, vol. 46(C), pages 264-277.
    78. Coto-Martinez, J. & Reboredo, J. C., 2007. "The Relative Price of Non-traded Goods in an Imperfectly Competitive Economy: Empirical Evidence for G7 Countries," Working Papers 07/14, Department of Economics, City University London.
    79. Konstantin P. Yurchenko & Irina N. Savelyeva, 2020. "Restoring Russia’s resource-dependent economy: From the Dutch Disease towards economic growth," Journal of New Economy, Ural State University of Economics, vol. 21(3), pages 28-47, October.

  31. Timothy J. Kehoe & Kim J. Ruhl, 2007. "Are shocks to the terms of trade shocks to productivity?," Staff Report 391, Federal Reserve Bank of Minneapolis.

    Cited by:

    1. Juan Pablo Nicolini & Constantino Hevia & Joao Ayres, 2021. "Real Exchange Rates and Primary Commodity Prices: Mussa Meets Backus-Smith," Department of Economics Working Papers 2021_04, Universidad Torcuato Di Tella.
    2. Trejos, Alberto & Ferreira, Pedro Cavalcanti, 2008. "Trade in intermediate goods and total factor productivity," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 676, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    3. Italo Colantone & Rosario Crinò, 2011. "New Imported Inputs, New Domestic Products," Development Working Papers 312, Centro Studi Luca d'Agliano, University of Milano.
    4. David Kohn & Fernando Leibovici & Håkon Tretvoll, 2018. "Trade in Commodities and Business Cycle Volatility," Working Papers 2018-5, Federal Reserve Bank of St. Louis.
    5. Gibson, Mark & Graciano, Tim, 2011. "Trade Models with Heterogeneous Firms: What About Importing?," MPRA Paper 33048, University Library of Munich, Germany.
    6. Nicholas Oulton, 2021. "The effect of changes in the terms of trade on GDP and welfare: a Divisia approach to the SNA," Discussion Papers 2126, Centre for Macroeconomics (CFM).
    7. Correa-López, Mónica & de Blas, Beatriz, 2011. "International Transmission of Medium-Term Technology Cycles: Evidence from Spain as a Recipient Country," Working Papers in Economic Theory 2011/09, Universidad Autónoma de Madrid (Spain), Department of Economic Analysis (Economic Theory and Economic History).
    8. Guilló, Maria Dolores & Perez-Sebastian, Fidel, 2015. "Neoclassical growth and the natural resource curse puzzle," Journal of International Economics, Elsevier, vol. 97(2), pages 423-435.
    9. Claudia S. Gómez-López & Luis A.Puch, 2008. "Macroeconomic Consequences of International Commodity Price Shocks," Working Papers 2008-27, FEDEA.
    10. Fabio Canova & David López-Salido & Claudio Michelacci, 2007. "The labor market effects of technology shocks," Working Papers 0719, Banco de España.
    11. Gianluca Benigno & Huigang Chen & Christopher Otrok & Alessandro Rebucci & Eric R. Young, 2023. "Optimal Policy for Macrofinancial Stability," American Economic Journal: Macroeconomics, American Economic Association, vol. 15(4), pages 401-428, October.
    12. Ramanarayanan, Ananth, 2017. "Imported inputs, irreversibility, and international trade dynamics," Journal of International Economics, Elsevier, vol. 104(C), pages 1-18.
    13. Rubini, Loris, 2009. "Innovation and the Elasticity of Trade Volumes to Tariff Reductions," MPRA Paper 21484, University Library of Munich, Germany.
    14. Umer Shahzad & Xiaoyin He & Said Muhammad, 2023. "How Terms of Trade Impact Economic Growth: The Case of the United States," SAGE Open, , vol. 13(2), pages 21582440231, May.
    15. Juan Carlos Conesa & Timothy J. Kehoe & Kim J. Ruhl, 2007. "Modeling great depressions: the depression in Finland in the 1990s," Staff Report 401, Federal Reserve Bank of Minneapolis.
    16. Levchenko, Andrei & Bonadio, Barthelemey & Huo, Zhen & Pandalai-Nayar, Nitya, 2020. "Global Supply Chains in the Pandemic," CEPR Discussion Papers 14766, C.E.P.R. Discussion Papers.
    17. Pedro Cavalcanti Ferreira & Alberto Trejos, 2011. "Gains from Trade and Measured Total Factor Productivity," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 14(3), pages 496-510, July.
    18. Fabio Canova & David Lopez-Salido & Claudio Michelacci, 2009. "The ins and outs of unemployment: An analysis conditional on technology shocks," Economics Working Papers 1213, Department of Economics and Business, Universitat Pompeu Fabra, revised Jan 2012.
    19. Benigno, Gianluca & Chen, Huigang & Otrok, Christopher & Rebucci, Alessandro & Young, Eric R., 2010. "Revisiting overborrowing and its policy implications," LSE Research Online Documents on Economics 121730, London School of Economics and Political Science, LSE Library.
    20. Juan Nicolini & Constantino Hevia & Joao Ayres, 2015. "Real Exchange Rates and Commodity Prices," 2015 Meeting Papers 182, Society for Economic Dynamics.
    21. Proebsting, Christian, 2022. "Market segmentation and spending multipliers," Journal of Monetary Economics, Elsevier, vol. 128(C), pages 1-19.
    22. Kuralbayeva, Karlygash & Stefanski, Radoslaw, 2013. "Windfalls, structural transformation and specialization," Journal of International Economics, Elsevier, vol. 90(2), pages 273-301.
    23. Davis, J. Scott & Huang, Kevin X.D., 2011. "International real business cycles with endogenous markup variability," Journal of International Economics, Elsevier, vol. 85(2), pages 302-316.
    24. Paulo Santos Monteiro & Luciana Juvenal, 2012. "Trade and Synchronization in a Multi Country Economy," 2012 Meeting Papers 59, Society for Economic Dynamics.
    25. Pedro Cavalcanti Ferreira & Alberto Trejos, 2008. "Trade in intermediate goods and total factor productivity," Working Papers 08_18, Universidade de São Paulo, Faculdade de Economia, Administração e Contabilidade de Ribeirão Preto.
    26. Julian di Giovanni & Andrei A. Levchenko & Isabelle Mejean, 2020. "Foreign Shocks as Granular Fluctuations," Staff Reports 947, Federal Reserve Bank of New York.
    27. Francois de Soyres & Alexandre Gaillard, 2020. "Global Trade and GDP Co-Movement," International Finance Discussion Papers 1282, Board of Governors of the Federal Reserve System (U.S.).
    28. Kehoe, Timothy J. & Ruhl, Kim J., 2009. "Sudden stops, sectoral reallocations, and the real exchange rate," Journal of Development Economics, Elsevier, vol. 89(2), pages 235-249, July.
    29. Gianluca Benigno & Huigang Chen & Christopher Otrok & Alessandro Rebucci & Eric R. Young, 2010. "Financial Crises and Macro-Prudential Policies," CEP Discussion Papers dp1032, Centre for Economic Performance, LSE.
    30. Drechsel, Thomas & Tenreyro, Silvana, 2017. "Commodity booms and busts in emerging economies," LSE Research Online Documents on Economics 86152, London School of Economics and Political Science, LSE Library.
    31. Luis-Gonzalo Llosa, 2014. "How Do Terms of Trade Affect Productivity? The Role of Monopolistic Output Markets," Working Papers 7, Peruvian Economic Association.
    32. Francois de Soyres, 2016. "Trade and Interdependence in International Networks," 2016 Meeting Papers 157, Society for Economic Dynamics.
    33. Rodriguez, Diego & Gonzalez, Andres & Fernandez, Andres, 2015. "Sharing a Ride on the Commodities Roller Coaster: Common Factors in Business Cycles of Emerging Economies," IDB Publications (Working Papers) 7382, Inter-American Development Bank.
    34. Oviedo, P. Marcelo & Singh, Rajesh, 2013. "Investment composition and international business cycles," Journal of International Economics, Elsevier, vol. 89(1), pages 79-95.
    35. Robert C. Feenstra & Alan Heston & Marcel P. Timmer & Haiyan Deng, 2009. "Estimating Real Production and Expenditures across Nations: A Proposal for Improving the Penn World Tables," The Review of Economics and Statistics, MIT Press, vol. 91(1), pages 201-212, February.
    36. Juan Carlos Conesa & Pau S. Pujolas, 2019. "The Canadian productivity stagnation, 20022014," Canadian Journal of Economics, Canadian Economics Association, vol. 52(2), pages 561-583, May.
    37. Gopinath, Gita & Neiman, Brent, 2014. "Trade Adjustment and Productivity in Large Crises," Scholarly Articles 12330899, Harvard University Department of Economics.
    38. Perilla Jimenez, Juan, 2022. "Income per-capita across-countries," MERIT Working Papers 2022-033, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    39. Emilio Espino & Julian Kozlowski & Fernando M. Martin & Juan M. Sanchez, 2020. "Domestic Policies and Sovereign Default," Working Papers 2020-017, Federal Reserve Bank of St. Louis, revised 06 Sep 2023.
    40. Paul Ho & Pierre-Daniel G. Sarte & Felipe Schwartzman, 2022. "Multilateral Comovement in a New Keynesian World: A Little Trade Goes a Long Way," Working Paper 22-10, Federal Reserve Bank of Richmond.
    41. Baumeister, Christiane & Kilian, Lutz & Zhou, Xiaoqing, 2017. "Is the Discretionary Income Effect of Oil Price Shocks a Hoax?," CEPR Discussion Papers 11868, C.E.P.R. Discussion Papers.
    42. Oulton, Nicholas, 2023. "The effect of changes in the terms of trade on GDP and welfare: a Divisia approach to the system of national accounts," LSE Research Online Documents on Economics 118693, London School of Economics and Political Science, LSE Library.
    43. Caselli, Francesco & Koren, Miklos & Lisicky, Milan & Tenreyroy, Silvana, 2015. "Diversification through trade," LSE Research Online Documents on Economics 86293, London School of Economics and Political Science, LSE Library.
    44. Hevia, Constantino, 2014. "Emerging market fluctuations: What makes the difference?," Journal of International Economics, Elsevier, vol. 94(1), pages 33-49.
    45. Daniel , Betty C & Hafner, Christian & Manner, Hans & Simar, Leopold, 2011. "Asymmetries in Business Cycles and the Role of Oil Production," LIDAM Discussion Papers ISBA 2011032, Université catholique de Louvain, Institute of Statistics, Biostatistics and Actuarial Sciences (ISBA).
    46. Syed Tehseen Jawaid & Mariya Ahmad Qureshi & Samra Ali, 2021. "Does immiserizing growth exist? Evidence from world’s top trading nations," Journal of Chinese Economic and Foreign Trade Studies, Emerald Group Publishing Limited, vol. 14(2), pages 124-148, January.
    47. Seon Tae Kim, 2013. "Online Appendix to "The Price of Imports and TFP: Application to the Korean Crisis of 1997-98"," Online Appendices 10-237, Review of Economic Dynamics.
    48. Alan V. Deardorff, 2016. "What Do We (and Others) Mean by "The Terms of Trade"?," Working Papers 651, Research Seminar in International Economics, University of Michigan.
    49. Cao, Shutao, 2017. "Accounting for productivity growth in a small open economy: Sector-specific technological change and relative prices of trade," Working Paper Series 20152, Victoria University of Wellington, School of Economics and Finance.
    50. George Alessandria & Sangeeta Pratap & Vivian Yue, 2013. "Export Dynamics in Large Devaluations," Working Papers 062013, Hong Kong Institute for Monetary Research.
    51. Pascal Towbin & Mr. Sebastian Weber, 2011. "Limits of Floating Exchange Rates: the Role of Foreign Currency Debt and Import Structure," IMF Working Papers 2011/042, International Monetary Fund.
    52. Ilham Haouas & Raimundo Soto, 2012. "Has the UAE Escaped the Oil Curse?," Documentos de Trabajo 412, Instituto de Economia. Pontificia Universidad Católica de Chile..
    53. Robert C. Feenstra & Robert Inklaar & Marcel Timmer, 2013. "The Next Generation of the Penn World Table," NBER Working Papers 19255, National Bureau of Economic Research, Inc.
    54. Salim B. Furth, 2010. "Terms of Trade Volatility and Precautionary Savings in Developing Economies," DEGIT Conference Papers c015_013, DEGIT, Dynamics, Economic Growth, and International Trade.
    55. Jacek Rothert, 2012. "Productivity or Demand? Identifying Sources of Fluctuations in Small Open Economies," 2012 Meeting Papers 187, Society for Economic Dynamics.
    56. Robert Zymek & Alejandro Cunat, 2017. "International Value-Added Linkages in Development Accounting," 2017 Meeting Papers 1136, Society for Economic Dynamics.
    57. Costas Arkolakis & Ananth Ramanarayanan, 2009. "Vertical Specialization and International Business Cycle Synchronization," Scandinavian Journal of Economics, Wiley Blackwell, vol. 111(4), pages 655-680, December.
    58. Hock Wong, 2010. "Terms of trade and economic growth in Japan and Korea: an empirical analysis," Empirical Economics, Springer, vol. 38(1), pages 139-158, February.
    59. Andrés Fernández & Stephanie Schmitt-Grohé & Martin Uribe, 2020. "Does the Commodity Super Cycle Matter?," Working Papers Central Bank of Chile 884, Central Bank of Chile.
    60. Daniel, Betty & Hafner, Christian & Manner, Hans & Simar, Leopold, 2017. "Asymmetries in Business Cycles and the Role of Oil Prices," LIDAM Discussion Papers ISBA 2017010, Université catholique de Louvain, Institute of Statistics, Biostatistics and Actuarial Sciences (ISBA).
    61. Robert C. Feenstra & Benjamin R. Mandel & Marshall B. Reinsdorf & Matthew J. Slaughter, 2013. "Effects of Terms of Trade Gains and Tariff Changes on the Measurement of US Productivity Growth," American Economic Journal: Economic Policy, American Economic Association, vol. 5(1), pages 59-93, February.
    62. Haishi Li, 2023. "Multinational Production and Global Shock Propagation during the Great Recession," CESifo Working Paper Series 10349, CESifo.
    63. Tarlok Singh, 2023. "Do terms of trade affect economic growth? Robust evidence from India," Economics of Transition and Institutional Change, John Wiley & Sons, vol. 31(2), pages 491-521, April.
    64. Oviedo, P. Marcelo & Singh, Rajesh, 2012. "Investment Composition and International Business Cycles," Staff General Research Papers Archive 35096, Iowa State University, Department of Economics.
    65. Michelle Connolly & Kei-Mu Yi, 2015. "How Much of South Korea's Growth Miracle Can Be Explained by Trade Policy?," American Economic Journal: Macroeconomics, American Economic Association, vol. 7(4), pages 188-221, October.
    66. Felipe Meza & Carlos Urrutia, 2008. "Great Appreciations: Accounting for the Real Exchange Rate in Mexico, 1988-2002," Working Papers 0807, Centro de Investigacion Economica, ITAM.
    67. Christian Daude, 2012. "Development Accounting: Lessons for Latin America," OECD Development Centre Working Papers 313, OECD Publishing.
    68. David Baqaee & Emmanuel Farhi, 2019. "Networks, Barriers, and Trade," NBER Working Papers 26108, National Bureau of Economic Research, Inc.
    69. Canova, Fabio & López-Salido, J David & Michelacci, Claudio, 2008. "The Effects of Technology Shocks on Hours and Output: A Robustness Analysis," CEPR Discussion Papers 6720, C.E.P.R. Discussion Papers.
    70. Kaitila, Ville, 2015. "GDP Growth in Russia: Different Capital Stock Series and the Terms of Trade," ETLA Working Papers 28, The Research Institute of the Finnish Economy.
    71. Ariel Burstein & Javier Cravino, 2012. "Measured Aggregate Gains from International Trade," NBER Working Papers 17767, National Bureau of Economic Research, Inc.
    72. Timothy J. Kehoe & Kim J. Ruhl, 2010. "Why Have Economic Reforms in Mexico Not Generated Growth?," Journal of Economic Literature, American Economic Association, vol. 48(4), pages 1005-1027, December.
    73. Scott Davis & Mario Crucini, 2013. "Distribution capital and the short- and long-run import demand elasticity," 2013 Meeting Papers 453, Society for Economic Dynamics.
    74. Rubini, Loris, 2014. "Innovation and the trade elasticity," Journal of Monetary Economics, Elsevier, vol. 66(C), pages 32-46.
    75. Timothy J. Kehoe & Mark J. Gibson & Kim J. Ruhl & Claustre Bajona, 2008. "Trade liberalization growth and productivity," 2008 Meeting Papers 789, Society for Economic Dynamics.
    76. Jacek Rothert & Jacob Short, 2023. "Non-Traded Goods, Factor Markets Frictions, and International Capital Flows," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 48, pages 158-177, April.
    77. Demosthenes N. Tambakis & Nikola Tarashev, 2012. "Systematic monetary policy and the forward premium puzzle," BIS Working Papers 396, Bank for International Settlements.
    78. Guido Sandleris & Mark L.J. Wright, 2011. "The Costs of Financial Crises: Resource Misallocation, Productivity and Welfare in the 2001 Argentine Crisis," NBER Working Papers 17552, National Bureau of Economic Research, Inc.
    79. Samuel Verevis & Murat Üngör, 2021. "What has New Zealand gained from The FTA with China?: Two counterfactual analyses†," Scottish Journal of Political Economy, Scottish Economic Society, vol. 68(1), pages 20-50, February.
    80. François de Soyres, 2016. "Value Added and Productivity Linkages Across Countries," Working Papers 209, Oesterreichische Nationalbank (Austrian Central Bank).
    81. Marshall B. Reinsdorf, 2010. "Terms Of Trade Effects: Theory And Measurement," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 56(s1), pages 177-205, June.
    82. Sang-Wook (Stanley) Cho & Julian P. Daz, "undated". "Skill premium divergence: the roles of trade, capital and demographics," Bank of Estonia Working Papers wp2018-01, Bank of Estonia.
    83. Francois de Soyres & Alexandre Gaillard & Henry L. Young, 2023. "What is Measured in National Accounts?," International Finance Discussion Papers 1375, Board of Governors of the Federal Reserve System (U.S.).
    84. Pedro Cavalcanti Ferreira & Alberto Trejos, 2022. "Trade and the propagation of global shocks," Economic Inquiry, Western Economic Association International, vol. 60(4), pages 1663-1680, October.
    85. Basak, Gopal K. & Das, Pranab Kumar & Rohit, Allena, 2017. "Capital inflow-terms of trade ‘nexus’: Does it lead to financial crisis?," Economic Modelling, Elsevier, vol. 65(C), pages 18-29.
    86. Maria Bejan, 2011. "Trade Agreements and International Comovements: the Case of NAFTA (North American Free Trade Agreement)," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 14(4), pages 667-685, October.
    87. Gibson, Mark J. & Graciano, Tim A., 2012. "Trade Engagement and Producer Performance," 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington 124833, Agricultural and Applied Economics Association.
    88. Oviedo, P. Marcelo & Singh, Rajesh, 2008. "International Business Cycles with Mutliple Input Investment Technologies," Staff General Research Papers Archive 32800, Iowa State University, Department of Economics.
    89. Teresiński, Jan, 2019. "Total factor productivity and the terms of trade," IWH-CompNet Discussion Papers 6/2019, Halle Institute for Economic Research (IWH).
    90. Jalil, Muaz, 2009. "Measuring Switzerland's Productivity Performance (1960-2008)," MPRA Paper 65321, University Library of Munich, Germany.
    91. Ferreira, Pedro Cavalcanti & Trejos, Alberto, 2010. "Gains from trade and measured total factor productivity," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 711, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    92. Liaila Tajibaeva, 2012. "Property Rights, Renewable Resources and Economic Development," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 51(1), pages 23-41, January.
    93. Ulrich Kohli, 2022. "Trading Gains and Productivity: A Törnqvist Approach," International Productivity Monitor, Centre for the Study of Living Standards, vol. 42, pages 63-86, Spring.
    94. Michael Siegenthaler, 2015. "Has Switzerland Really Been Marked by Low Productivity Growth? Hours Worked and Labor Productivity in Switzerland in a Long-run Perspective," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 61(2), pages 353-372, June.
    95. Narayan, Seema, 2013. "A structural VAR model of the Fiji Islands," Economic Modelling, Elsevier, vol. 31(C), pages 238-244.
    96. Paul Ilhak Ko, 2020. "Dissecting Trade and Business Cycle Co-movement," 2020 Papers pko1026, Job Market Papers.
    97. Loayza,Norman V. & Galego Mendes,Arthur & Mendez Ramos,Fabian & Pennings,Steven Michael, 2022. "Assessing the Effects of Natural Resources on Long-Term Growth : An Extension of the World Bank LongTerm Growth Model," Policy Research Working Paper Series 9965, The World Bank.
    98. Nopphawan Photphisutthiphong & Mark Weder, 2016. "Observations on the Australian Business Cycle," Journal of Business Cycle Research, Springer;Centre for International Research on Economic Tendency Surveys (CIRET), vol. 12(2), pages 141-164, December.
    99. Donaldson, Dave, 2010. "Railroads of the Raj: estimating the impact of transportation infrastructure," LSE Research Online Documents on Economics 38368, London School of Economics and Political Science, LSE Library.
    100. Paul Corrigan, 2017. "Terms-of-Trade and House Price Fluctuations: A Cross-Country Study," Staff Working Papers 17-1, Bank of Canada.
    101. Edmar Bacha & Regis Bonelli, 2015. "Coincident growth collapses: Brazil and Mexico since the early 1980s," Textos para Discussão 30, Instituto de Estudos de Política Econômica.
    102. Andrian, Leandro Gaston, 2010. "Essays on energy economics: Microeconomic and macroeconomic dimensions," ISU General Staff Papers 201001010800002725, Iowa State University, Department of Economics.
    103. Ogunlesi, Ayodeji, 2018. "Agricultural Productivity, Fiscal and Trade Policies Nexus in Sub-Saharan Africa: A Panel Structural Vector Error Correction Model Analysis," MPRA Paper 90202, University Library of Munich, Germany.

  32. Juan Carlos Conesa & Timothy J. Kehoe & Kim J. Ruhl, 2007. "Modeling great depressions: the depression in Finland in the 1990s," Staff Report 401, Federal Reserve Bank of Minneapolis.

    Cited by:

    1. Díaz, Antonia & Franjo, Luis, 2016. "Capital goods, measured TFP and growth: The case of Spain," European Economic Review, Elsevier, vol. 83(C), pages 19-39.
    2. Juan Carlos Conesa & Timothy J. Kehoe, 2017. "Productivity, Taxes, and Hours Worked in Spain: 1970-2015," Staff Report 550, Federal Reserve Bank of Minneapolis.
    3. Vasilev, Aleksandar, 2015. "Welfare gains from the adoption of proportional taxation in a general-equilibrium model with a grey economy: the case of Bulgaria's 2008 flat tax reform," EconStor Preprints 144528, ZBW - Leibniz Information Centre for Economics.
    4. Spolador, H. & Roe, T., 2018. "The agriculture TFP growth and labor allocation in the Brazilian economy," 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia 277483, International Association of Agricultural Economists.
    5. Konstantinos Angelopoulos & James Malley & Apostolis Philippopoulos, 2013. "Human capital, social mobility and the skill premium," Working Papers 2013_10, Business School - Economics, University of Glasgow.
    6. Bety Agnany & Amaia Iza, 2008. "Growth in an oil abundant economy: The case of Venezuela," ThE Papers 08/18, Department of Economic Theory and Economic History of the University of Granada..
    7. Dimitris Papageorgiou & Stylianos Tsiaras, 2021. "The Greek Great Depression from a neoclassical perspective," Working Papers 286, Bank of Greece.
    8. Dalton, John T., 2015. "The Evolution Of Taxes And Hours Worked In Austria, 1970–2005," Macroeconomic Dynamics, Cambridge University Press, vol. 19(8), pages 1800-1815, December.
    9. Yuriy Gorodnichenko & Enrique G. Mendoza & Linda L. Tesar, 2009. "The Finnish Great Depression: From Russia with Love," NBER Working Papers 14874, National Bureau of Economic Research, Inc.
    10. Aleksandar Vasilev, 2017. "Business Cycle Accounting: Bulgaria after the introduction of the currency board arrangement (1999-2014)," European Journal of Comparative Economics, Cattaneo University (LIUC), vol. 14(2), pages 197-219, December.
    11. Malmaeus, J. Mikael & Alfredsson, Eva C., 2017. "Potential Consequences on the Economy of Low or No Growth - Short and Long Term Perspectives," Ecological Economics, Elsevier, vol. 134(C), pages 57-64.
    12. Kehoe, Timothy J. & Ruhl, Kim J., 2009. "Sudden stops, sectoral reallocations, and the real exchange rate," Journal of Development Economics, Elsevier, vol. 89(2), pages 235-249, July.
    13. Matteo Iacoviello & Fabio Schiantarelli & Scott Schuh, 2010. "Input and output inventories in general equilibrium," International Finance Discussion Papers 1004, Board of Governors of the Federal Reserve System (U.S.).
    14. Gulan, Adam & Haavio, Markus & Kilponen, Juha, 2021. "Can large trade shocks cause crises? The case of the Finnish–Soviet trade collapse," Journal of International Economics, Elsevier, vol. 131(C).
    15. Juan Carlos Conesa & Pau S. Pujolas, 2019. "The Canadian productivity stagnation, 20022014," Canadian Journal of Economics, Canadian Economics Association, vol. 52(2), pages 561-583, May.
    16. Agnani, Betty & Iza Padilla, María Amaya, 2005. "Growth in an oil abundant economy: The case of Venezuela," DFAEII Working Papers 1988-088X, University of the Basque Country - Department of Foundations of Economic Analysis II.
    17. Deniz Cicek & Ceyhun Elgin, 2010. "Not-Quite-Great Depressions of Turkey: A Quantitative Analysis of Economic Growth over 1968 - 2004," Working Papers 2010/07, Bogazici University, Department of Economics.
    18. Santiago Herrera & Hoda Selim & Hoda Youssef & Chahir Zaki, 2011. "Egypt beyond the Crisis: Medium-Term Challenges for Sustained Growth," Working Papers 625, Economic Research Forum, revised 09 Jan 2011.
    19. Timothy J. Kehoe & Kim J. Ruhl & Joseph B. Steinberg, 2013. "Global Imbalances and Structural Change in the United States," NBER Working Papers 19339, National Bureau of Economic Research, Inc.
    20. Sybille Lehwald, 2012. "Has the Euro Changed Business Cycle Synchronization? Evidence from the Core and the Periphery," ifo Working Paper Series 122, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
    21. Kuusi, Tero, 2015. "The Finnish Great Depression of the 1990s: Soviet Trade or Home-Made?," ETLA Working Papers 32, The Research Institute of the Finnish Economy.
    22. Jesús Crespo-Cuaresma & Octavio Fernández-Amador, 2010. "Business cycle convergence in EMU: A first look at the second moment," Working Papers 2010-22, Faculty of Economics and Statistics, Universität Innsbruck.
    23. Felipe Meza, 2008. "Financial Crisis, Fiscal Policy, and the 1995 GDP Contraction in Mexico," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 40(6), pages 1239-1261, September.
    24. Mahone Zachary L. & Pujolas Pau S. & Naval Joaquín, 2021. "The Neoclassical Growth Model and the Labor Share Decline," The B.E. Journal of Macroeconomics, De Gruyter, vol. 21(2), pages 607-628, June.
    25. Vasilev, Aleksandar, 2015. "The welfare effect of flat income tax reform: the case of Bulgaria," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 53(3), pages 205-220.
    26. Dimitris Papageorgiou, 2014. "BoGGEM: a dynamic stochastic general equilibrium model for policy simulations," Working Papers 182, Bank of Greece.
    27. Angelopoulos, Konstantinos & Fernandez, Bernardo X. & Malley, James R., 2010. "The Distributional Consequences of Supply-Side Reforms in General Equilibrium," SIRE Discussion Papers 2010-85, Scottish Institute for Research in Economics (SIRE).
    28. Gogos, Stylianos G. & Mylonidis, Nikolaos & Papageorgiou, Dimitris & Vassilatos, Vanghelis, 2014. "1979–2001: A Greek great depression through the lens of neoclassical growth theory," Economic Modelling, Elsevier, vol. 36(C), pages 316-331.
    29. Kim, Sunghyun H. & Kose, M. Ayhan, 2014. "Welfare implications of trade liberalization and fiscal reform: A quantitative experiment," Journal of International Economics, Elsevier, vol. 92(1), pages 198-209.
    30. Roberto Ellery Jr. & Victor Gomes, 2014. "Fiscal Policy, Supply Shocks and Economic Expansion in Brazil from 2003 to 2007," Brazilian Business Review, Fucape Business School, vol. 11(3), pages 53-75, June.
    31. Jokivuolle, Esa & Virén, Matti, 2013. "Cyclical default and recovery in stress testing loan losses," Journal of Financial Stability, Elsevier, vol. 9(1), pages 139-149.
    32. Stylianos G. Gogos & Dimitris Papageorgiou & Vanghelis Vassilatos, 2018. "Rent seeking activities and aggregate economic performance - the case of Greece," Working Papers 252, Bank of Greece.
    33. De La Peña, Rogelio & García, Ignacio, 2023. "Untangling crises: GFC and COVID-19 through the lens of a DSGE model," Latin American Journal of Central Banking (previously Monetaria), Elsevier, vol. 4(2).
    34. Eduardo L. Giménez & María Montero, 2012. "The Great Depression in Spain," Documentos de trabajo - Analise Economica 0048, IDEGA - Instituto Universitario de Estudios e Desenvolvemento de Galicia.
    35. Papageorgiou, Dimitris, 2012. "Fiscal policy reforms in general equilibrium: The case of Greece," Journal of Macroeconomics, Elsevier, vol. 34(2), pages 504-522.
    36. Dimitris Papageorgiou, 2009. "Macroeconomic Implications of Alternative Tax Regimes: The Case of Greece," Working Papers 97, Bank of Greece.
    37. Julio Leal, 2018. "Key sectors in Mexico's economic development: a perspective from input-output linkages with sector-specific distortions," 2018 Meeting Papers 571, Society for Economic Dynamics.
    38. Gary D. Hansen & Lee E. Ohanian, 2016. "Neoclassical Models in Macroeconomics," NBER Working Papers 22122, National Bureau of Economic Research, Inc.
    39. Wei Jiang, 2014. "Tax Reforms in Search-and-Matching Models with Heterogeneous Agents," Studies in Economics 1414, School of Economics, University of Kent.

  33. Claustre Bajona & Timothy J. Kehoe, 2006. "Demographics in dynamic Heckscher-Ohlin models: overlapping generations versus infinitely lived consumers," Staff Report 377, Federal Reserve Bank of Minneapolis.

    Cited by:

    1. Antoine Le Riche, 2016. "Macroeconomic Volatility and Trade in OLG Economies," Working Papers halshs-01079773, HAL.
    2. Guilló, Maria Dolores & Perez-Sebastian, Fidel, 2015. "Neoclassical growth and the natural resource curse puzzle," Journal of International Economics, Elsevier, vol. 97(2), pages 423-435.
    3. Rodrigues, Mauro, 2010. "Import substitution and economic growth," Journal of Monetary Economics, Elsevier, vol. 57(2), pages 175-188, March.
    4. Partha Sen & Koji Shimomura, 2016. "Convergence and Overtaking in a Dynamic Two Country Model," CESifo Working Paper Series 6027, CESifo.
    5. Partha Sen, 2012. "Capital Accumulation And Convergence In A Small Open Economy," Working papers 212, Centre for Development Economics, Delhi School of Economics.
    6. Partha Chatterjee & Malik Shukayev, 2013. "A Stochastic Dynamic Model of Trade and Growth: Convergence and Diversi?cation," Working Papers 07, Development and Policies Research Center (DEPOCEN), Vietnam.
    7. Antoine Le Riche, 2017. "Macroeconomic volatility and trade in OLG economies," International Journal of Economic Theory, The International Society for Economic Theory, vol. 13(4), pages 401-425, December.
    8. Cremers, Emily & Sen, Partha, 2009. "Transfers, the Terms of Trade and Capital Accumulation," Staff General Research Papers Archive 34848, Iowa State University, Department of Economics.
    9. Shang-Jin Wei & Jiandong Ju, 2008. "Current Account Adjustment: Some New Theory and Evidence," 2008 Meeting Papers 851, Society for Economic Dynamics.
    10. Kazuo Nishimura & Alain Venditti & Makoto Yano, 2013. "Destabilization Effect of International Trade in a Perfect Foresight Dynamic General Equilibrium Model," AMSE Working Papers 1313, Aix-Marseille School of Economics, France, revised Feb 2013.
    11. Antoine Le Riche, 2014. "Macroeconomic Volatility and Trade in OLG Economies," AMSE Working Papers 1446, Aix-Marseille School of Economics, France, revised Nov 2014.
    12. Joseph Francois & Clinton R. Shiells, 2008. "Dynamic Factor Price Equalization & International Convergence," Economics working papers 2008-20, Department of Economics, Johannes Kepler University Linz, Austria.
    13. Wei, Shang-Jin & Shi, Kang & Ju, Jiandong, 2012. "On the connection between intra-temporal and intertemporal trade," CEPR Discussion Papers 8838, C.E.P.R. Discussion Papers.
    14. Claustre Bajona & Timothy J. Kehoe, 2006. "Trade, Growth, and Convergence in a Dynamic Heckscher-Ohlin Model," NBER Working Papers 12567, National Bureau of Economic Research, Inc.
    15. Takumi Naito & Laixun Zhao, 2008. "Aging, transitional dynamics, and gains from trade," Discussion Paper Series 215, Research Institute for Economics & Business Administration, Kobe University.
    16. Jiandong Ju & Kang Shi & Shang-Jin Wei, 2011. "On the Connections between Intertemporal and Intra-temporal Trades," NBER Working Papers 17549, National Bureau of Economic Research, Inc.
    17. Timothy J. Kehoe & Mark J. Gibson & Kim J. Ruhl & Claustre Bajona, 2008. "Trade liberalization growth and productivity," 2008 Meeting Papers 789, Society for Economic Dynamics.
    18. Emily T. Cremers, 2008. "Transfers, the Terms of Trade and Capital Accumulation," DEGIT Conference Papers c013_018, DEGIT, Dynamics, Economic Growth, and International Trade.
    19. Andrea Papetti, 2021. "Population aging, relative prices and capital flows across the globe," Temi di discussione (Economic working papers) 1333, Bank of Italy, Economic Research and International Relations Area.
    20. Takumi Naito & Ryoji Ohdoi, 2011. "A two-country model of trade and growth with intersectoral knowledge spillovers," Journal of Economics, Springer, vol. 103(1), pages 39-58, May.
    21. Mr. Clinton R. Shiells & Joseph F. Francois, 2008. "Dynamic Factor Price Equalization & International Income Convergence," IMF Working Papers 2008/267, International Monetary Fund.

  34. Timothy J Kehoe & David K Levine, 2006. "Bankruptcy and Collateral in Debt Constrained Models," Levine's Working Paper Archive 784828000000000698, David K. Levine.

    Cited by:

    1. Igor Livshits, 2015. "Recent Developments In Consumer Credit And Default Literature," Journal of Economic Surveys, Wiley Blackwell, vol. 29(4), pages 594-613, September.
    2. Grey Gordon, 2014. "Optimal Bankruptcy Code: A Fresh Start for Some," CAEPR Working Papers 2014-002, Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington.

  35. Timothy J. Kehoe & David K. Levine, 2006. "Bankruptcy and collateral in debt constrained markets," Staff Report 380, Federal Reserve Bank of Minneapolis.

    Cited by:

    1. Borys Grochulski, 2008. "Optimal personal bankruptcy design : A Mirrlees approach," Working Paper 08-05, Federal Reserve Bank of Richmond.
    2. Cyril Monnet & Erwan Quintin, 2018. "Optimal Exclusion," 2018 Meeting Papers 181, Society for Economic Dynamics.
    3. Borys Grochulski, 2010. "Optimal Personal Bankruptcy Design under Moral Hazard," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 13(2), pages 350-378, April.
    4. S. Viswanathan & Adriano A. Rampini, 2008. "Collateral, Financial Intermediation, and the Distribution of Debt Capacity," 2008 Meeting Papers 116, Society for Economic Dynamics.
    5. Adriano A. Rampini & S. Viswanathan, 2017. "Financial Intermediary Capital," NBER Working Papers 23302, National Bureau of Economic Research, Inc.
    6. Borghan Nezami Narajabad & Cyril Monnet, 2012. "Why Rent When You Can Buy? A Theory of Repurchase Agreements," 2012 Meeting Papers 647, Society for Economic Dynamics.
    7. Cyril Monnet & Borghan N. Narajabad, 2017. "Why Rent When You Can Buy?," Finance and Economics Discussion Series 2017-094, Board of Governors of the Federal Reserve System (U.S.).
    8. Igor Livshits, 2015. "Recent Developments In Consumer Credit And Default Literature," Journal of Economic Surveys, Wiley Blackwell, vol. 29(4), pages 594-613, September.
    9. Grey Gordon, 2014. "Optimal Bankruptcy Code: A Fresh Start for Some," CAEPR Working Papers 2014-002, Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington.
    10. Hiroshi FUJIKI, 2016. "Nontraditional Monetary Policy in a Model of Default Risks and Collateral in the Absence of Commitment," Working Papers e104, Tokyo Center for Economic Research.
    11. Xavier Mateos-Planas & Giulio Seccia, 2014. "Consumer default with complete markets: default-based pricing and finite punishment," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 56(3), pages 549-583, August.

  36. Caroline M. Betts & Timothy J. Kehoe, 2004. "U.S. Real Exchange Rate Fluctuations and Relative Price Fluctuations," Levine's Bibliography 122247000000000587, UCLA Department of Economics.

    Cited by:

    1. Martin Berka & Michael B. Devereux & Charles Engel, 2014. "Real Exchange Rates and Sectoral Productivity in the Eurozone," NBER Working Papers 20510, National Bureau of Economic Research, Inc.
    2. Mario J. Crucini & Anthony Landry, 2012. "Accounting for Real Exchange Rates Using Micro-data," NBER Working Papers 17812, National Bureau of Economic Research, Inc.
    3. Pau Rabanal & Vicente Tuesta, 2013. "Nontradable Goods and the Real Exchange Rate," Open Economies Review, Springer, vol. 24(3), pages 495-535, July.
    4. Eichenbaum, Martin & Rebelo, Sérgio & Burstein, Ariel Tomas, 2004. "Large Devaluations and the Real Exchange Rate," CEPR Discussion Papers 4810, C.E.P.R. Discussion Papers.
    5. Ivanic, Maros & Martin, William J., 2010. "Promoting global agricultural growth and poverty reduction," 114th Seminar, April 15-16, 2010, Berlin, Germany 61098, European Association of Agricultural Economists.
    6. Michael Dotsey & Margarida Duarte, 2006. "Nontraded goods, market segmentation, and exchange rates," Working Paper 06-03, Federal Reserve Bank of Richmond.
    7. Plasmans, J.E.J. & Fornero, J. & Michalak, T., 2007. "A Microfounded Sectoral Model for Open Economies," Other publications TiSEM 0fa43989-a96a-4c17-86de-e, Tilburg University, School of Economics and Management.
    8. Cellini, Roberto & Paolino, Alessandro, 2007. "Price of recreational products and the exchange rate: an empirical investigation on US data," MPRA Paper 5194, University Library of Munich, Germany.
    9. Mario J. Crucini & Mototsugu Shintani, 2002. "Persistence in Law-Of-One-Price Deviations: Evidence from Micro-Data," Vanderbilt University Department of Economics Working Papers 0222, Vanderbilt University Department of Economics, revised Jul 2004.
    10. Jorge Selaive & Vicente Tuesta, 2006. "The Consumption-Real Exchange Rate Anomaly: Non-Traded Goods, Incomplete Markets and Distribution Services," Working Papers Central Bank of Chile 359, Central Bank of Chile.
    11. Kyriacos Lambrias, 2013. "News Shocks, Real Exchange Rates and International Co-Movements," BCL working papers 83, Central Bank of Luxembourg.
    12. Joao Ayres & Constantino Hevia & Juan Pablo Nicolini, 2019. "A Quantitative Analysis of Real Exchange Rates and Primary Commodity Prices," 2019 Meeting Papers 1144, Society for Economic Dynamics.
    13. Vahagn Davtyan & Haykaz Igityan, 2021. "Structural Reforms in DSGE Model," Working Papers 17, Central Bank of the Republic of Armenia.
    14. Yothin Jinjarak & Kanda Naknoi, 2010. "Real Exchange Rate Fluctuations, Wage Stickiness and Tradability," Purdue University Economics Working Papers 1255, Purdue University, Department of Economics.
    15. Jean-Olivier Hairault & Thepthida Sopraseuth, 2008. "Fluctuations Internationales et Dynamique du Taux de Change," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00270284, HAL.
    16. Haifang Huang, Ke Pang, Yao Tang, 2014. "The Effects of Exchange Rates on Employment in Canada," LCERPA Working Papers 0076, Laurier Centre for Economic Research and Policy Analysis, revised 29 Apr 2014.
    17. Juan Nicolini & Constantino Hevia & Joao Ayres, 2015. "Real Exchange Rates and Commodity Prices," 2015 Meeting Papers 182, Society for Economic Dynamics.
    18. Pau Rabanal, 2009. "Inflation Differentials between Spain and the EMU: A DSGE Perspective," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 41(6), pages 1141-1166, September.
    19. Andrew Atkeson & Ariel Burstein, 2007. "Pricing-to-market, trade costs, and international relative prices," Working Paper Series 2007-26, Federal Reserve Bank of San Francisco.
    20. Works, Richard Floyd, 2016. "Econometric modeling of exchange rate determinants by market classification: An empirical analysis of Japan and South Korea using the sticky-price monetary theory," MPRA Paper 76382, University Library of Munich, Germany.
    21. Lambrias, Kyriacos, 2011. "World Technology Shocks and the Real Euro-Dollar Exchange Rate," TSE Working Papers 11-261, Toulouse School of Economics (TSE).
    22. Laura Povoledo, 2009. "The Volatility of the Tradeable and Nontradeable Sectors: Theory and Evidence," CDMA Conference Paper Series 0901, Centre for Dynamic Macroeconomic Analysis.
    23. Ida Wolden Bache & Kjersti Næss & Tommy Sveen, 2009. "Revisiting the importance of non-tradable goods' prices in cyclical real exchange rate fluctuations," Working Paper 2009/03, Norges Bank.
    24. Timothy J. Kehoe, 2003. "What can we learn from the current crisis in Argentina?," Staff Report 318, Federal Reserve Bank of Minneapolis.
    25. Naknoi, Kanda, 2008. "Real exchange rate fluctuations, endogenous tradability and exchange rate regimes," Journal of Monetary Economics, Elsevier, vol. 55(3), pages 645-663, April.
    26. Haifang Huang & Yao Tang, 2016. "How Did Exchange Rates Affect Employment In U.S. Cities?," Contemporary Economic Policy, Western Economic Association International, vol. 34(4), pages 678-697, October.
    27. Caroline M. Betts & Timothy J. Kehoe, 2008. "Real Exchange Rate Movements and the Relative Price of Non-traded Goods," NBER Working Papers 14437, National Bureau of Economic Research, Inc.
    28. Nuntramas, Phacharaphot, 2011. "Revisiting the consumption-real exchange rate anomaly in a model with non-traded goods," Journal of International Money and Finance, Elsevier, vol. 30(3), pages 428-447, April.
    29. Thomas Lubik & Frank Schorfheide, 2006. "A Bayesian Look at New Open Economy Macroeconomics," NBER Chapters, in: NBER Macroeconomics Annual 2005, Volume 20, pages 313-382, National Bureau of Economic Research, Inc.
    30. Javier Coto-Martinez & Juan C. Reboredo, 2014. "The Relative Price of Non-traded Goods under Imperfect Competition," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 76(1), pages 24-40, February.
    31. Eichenbaum, Martin & Rebelo, Sérgio & Burstein, Ariel Tomas, 2005. "The Importance of Nontradeable Goods' Prices in Cyclical Real Exchange Rate Fluctuations," CEPR Discussion Papers 5306, C.E.P.R. Discussion Papers.
    32. Tenreyro, Silvana & Broadbent, Ben & Di Pace, Federico & Drechsel, Thomas & Harrison, Richard, 2019. "The Brexit Vote, Productivity Growth and Macroeconomic Adjustments in the United Kingdom," CEPR Discussion Papers 13993, C.E.P.R. Discussion Papers.
    33. Lambrias, Kyriacos, 2016. "Real exchange rates and international co-movement: news-shocks and non-tradable goods with complete markets," Working Paper Series 1946, European Central Bank.
    34. Yi-Hua Wu & Eric Lin, 2011. "Does purchasing power parity hold following the launch of the euro? Evidence from the panel unit root test," Applied Economics Letters, Taylor & Francis Journals, vol. 18(2), pages 167-172.
    35. Azcona Nestor, 2017. "Exchange rate policy and the role of non-traded goods prices in real exchange rate fluctuations," The B.E. Journal of Macroeconomics, De Gruyter, vol. 17(2), pages 1-18, June.
    36. Roberto CELLINI & Alessandro PAOLINO, 2009. "Us Price Indices And The Exchange Rate: Are Recreational Products Different?," Journal of Applied Economic Sciences, Spiru Haret University, Faculty of Financial Management and Accounting Craiova, vol. 4(1(7)_ Spr).
    37. Paul R. Bergin & Reuven Glick & Alan M. Taylor, 2017. "Productivity, Tradability, and the Long-Run Price Puzzle," World Scientific Book Chapters, in: International Macroeconomic Interdependence, chapter 8, pages 211-248, World Scientific Publishing Co. Pte. Ltd..
    38. Yan, Isabel K. & Kakkar, Vikas, 2011. "Real Exchange Rates and Productivity: Evidence From Asia," MPRA Paper 35218, University Library of Munich, Germany.
    39. Bems, Rudolfs & Jönsson Hartelius, Kristian, 2003. "Trade Deficits in the Baltic States: How Long Will the Party Last?," SSE/EFI Working Paper Series in Economics and Finance 0543, Stockholm School of Economics, revised 02 May 2005.
    40. Tino Berger & Bernd Kempa, 2014. "Time-varying equilibrium rates in small open economies: Evidence for Canada," CQE Working Papers 3414, Center for Quantitative Economics (CQE), University of Muenster.
    41. Elena, Trukhacheva & Kirill, Sossounov, 2007. "The role of home and foreign prices on tradables and nontradables in RER fluctuations in Russia," MPRA Paper 18550, University Library of Munich, Germany.
    42. Isabelle Méjean, 2008. "Can Firms' Location Decisions Counteract the Balassa-Samuelson Effect ?," Post-Print hal-00363067, HAL.
    43. Ouyang, Alice Y. & Paul, Saumik, 2018. "The effect of skilled emigration on real exchange rates through the wage channel," Journal of International Money and Finance, Elsevier, vol. 89(C), pages 139-153.
    44. Felipe Meza & Carlos Urrutia, 2008. "Great Appreciations: Accounting for the Real Exchange Rate in Mexico, 1988-2002," Working Papers 0807, Centro de Investigacion Economica, ITAM.
    45. Hellerstein, Rebecca & Villas-Boas, Sofia Berto, 2006. "Arm's-Length Transactions as a Source of Incomplete Cross-Border Transmission: the Case of Autos," CUDARE Working Papers 7196, University of California, Berkeley, Department of Agricultural and Resource Economics.
    46. Hernandez Vega Marco A., 2012. "Real Exchange Rate Variations, Nontraded Goods and Disaggregated CPI Data," Working Papers 2012-05, Banco de México.
    47. Torfinn Harding & Radoslaw Stefanski, 2016. "Boom goes the price: Giant resource discoveries and real," OxCarre Working Papers 174, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
    48. Ho, Sin-Yu & Njindan Iyke, Bernard, 2017. "Consumption and Exchange Rate Uncertainty: Evidence from Selected Asian Countries," MPRA Paper 80096, University Library of Munich, Germany.
    49. Eric Ruscher & Guntram B. Wolff, 2009. "External rebalancing is not just an exporters' story: real exchange rates, the non-tradable sector and the euro," European Economy - Economic Papers 2008 - 2015 375, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    50. Ariel Burstein & Gita Gopinath, 2013. "International Prices and Exchange Rates," NBER Working Papers 18829, National Bureau of Economic Research, Inc.
    51. Rebecca Hellerstein, 2006. "A decomposition of the sources of incomplete cross-border transmission," Staff Reports 250, Federal Reserve Bank of New York.
    52. Andrés Sagner, 2010. "Implied Probability Distribution in Financial Options," Working Papers Central Bank of Chile 597, Central Bank of Chile.
    53. Nicolas Cachanosky, 2014. "The Mises-Hayek business cycle theory, fiat currencies and open economies," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 27(3), pages 281-299, September.
    54. Chaban, Maxym, 2011. "Home bias, distribution services and determinants of real exchange rates," Journal of Macroeconomics, Elsevier, vol. 33(4), pages 793-806.
    55. Lein‐Lein Chen & Seungmook Choi & John Devereux, 2015. "Explaining price level differences: New evidence on the Balassa–Samuelson effect," Southern Economic Journal, John Wiley & Sons, vol. 82(1), pages 81-99, July.
    56. Laura Povoledo, 2007. "Volatility of the Tradeable and Non-Tradeable Sectors: Theory and evidence," Economic Analysis Research Group Working Papers earg-wp2007-10, Henley Business School, University of Reading.
    57. Paul R. Bergin & Reuven Glick, 2017. "Endogenous Tradability and Some Macroeconomic Implications," World Scientific Book Chapters, in: International Macroeconomic Interdependence, chapter 7, pages 187-210, World Scientific Publishing Co. Pte. Ltd..
    58. Yoshinori Kurokawa & Jiaren Pang & Yao Tang, 2013. "Exchange Rate Regimes and Wage Comovements in a Ricardian Model with Money," Tsukuba Economics Working Papers 2013-005, Faculty of Humanities and Social Sciences, University of Tsukuba, revised Jul 2016.
    59. Müller-Plantenberg, Nikolas, 2012. "Boom-and-bust cycles marked by capital inflows, current account deterioration and a rise and fall of the real exchange rate," Working Papers in Economic Theory 2012/10, Universidad Autónoma de Madrid (Spain), Department of Economic Analysis (Economic Theory and Economic History).
    60. Jia, Pengfei, 2021. "Optimal Monetary Policy in a Small Open Economy with Non-tradable Goods," MPRA Paper 110805, University Library of Munich, Germany.
    61. Choi, Chi-Young & Matsubara, Kiyoshi, 2007. "Heterogeneity in the persistence of relative prices: What do the Japanese cities tell us?," Journal of the Japanese and International Economies, Elsevier, vol. 21(2), pages 260-286, June.
    62. Maxym Chaban, 2010. "Cointegration analysis with structural breaks and deterministic trends: an application to the Canadian dollar," Applied Economics, Taylor & Francis Journals, vol. 42(23), pages 3023-3037.
    63. Maria Eleftheriou & Nikolas A. Müller-Plantenberg, 2018. "The Purchasing Power Parity Fallacy: Time to Reconsider the PPP Hypothesis," Open Economies Review, Springer, vol. 29(3), pages 481-515, July.
    64. Roman Stöllinger, 2020. "Tradability of output and the current account in Europe," International Economics and Economic Policy, Springer, vol. 17(1), pages 167-218, February.
    65. Chen, Lein-Lein & Choi, Seungmook & Devereux, John, 2015. "Accounting for real exchange rate changes at long time horizons," Journal of Macroeconomics, Elsevier, vol. 46(C), pages 264-277.
    66. Povoledo, Laura, 2012. "Can producer currency pricing models generate volatile real exchange rates?," Economics Letters, Elsevier, vol. 116(3), pages 436-439.
    67. Sarra Majoul Smaili & Mohamed safouane Ben aissa, 2018. "Exchange rate passthrough to domestic prices in some MENA countries," Economics Bulletin, AccessEcon, vol. 38(2), pages 1028-1037.
    68. Coto-Martinez, J. & Reboredo, J. C., 2007. "The Relative Price of Non-traded Goods in an Imperfectly Competitive Economy: Empirical Evidence for G7 Countries," Working Papers 07/14, Department of Economics, City University London.
    69. Masao Ogaki & Sungwook Park, 2007. "Long-run real exchange rate changes and the properties of the variance of k-differences," Working Papers 07-05, Ohio State University, Department of Economics.

  37. Raphael Bergoeing & Tim Kehoe & Vanessa Strauss-Kahn & Kei-Mu Yi, 2004. "Why is Manufacturing Trade Rising Even as Manufacturing Output is Falling?," Documentos de Trabajo 178, Centro de Economía Aplicada, Universidad de Chile.

    Cited by:

    1. Roberta Capello & Giovanni Perucca, 2015. "Openness to Globalization and Regional Growth Patterns in CEE Countries: From the EU Accession to the Economic Crisis," Journal of Common Market Studies, Wiley Blackwell, vol. 53(2), pages 218-236, March.
    2. Matthias Flückiger & Markus Ludwig, 2015. "Chinese export competition, declining exports and adjustments at the industry and regional level in Europe," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 48(3), pages 1120-1151, August.
    3. Marek Rojíček, 2010. "Konkurenceschopnost obchodu ČR v procesu globalizace [Competitiveness of the Trade of the Czech Republic in the Process of Globalisation]," Politická ekonomie, Prague University of Economics and Business, vol. 2010(2), pages 147-165.
    4. Dalton, John, 2013. "A Theory of Just-in-Time and the Growth in Manufacturing Trade," MPRA Paper 48223, University Library of Munich, Germany.
    5. Ricotta, Fernanda, 2010. "Global Value Chain Indicators: Application to the Italian Sectors - Gli indicatori della global value chain: un’applicazione ai settori italiani," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 63(4), pages 423-450.
    6. Benjamin Bridgman, 2010. "The Rise of Vertical Specialization Trade," BEA Working Papers 0051, Bureau of Economic Analysis.
    7. Kazuhiko Yokota, 2010. "Japan’s Parts and Components Exports and Complementarity with Foreign Investment," Chapters, in: Daisuke Hiratsuka & Yoko Uchida (ed.), Input Trade and Production Networks in East Asia, chapter 5, Edward Elgar Publishing.
    8. Altomonte, C. & Di Mauro, F. & Ottaviano, G. & Rungi, A. & Vicard, V., 2012. "Global Value Chains during the Great Trade Collapse: A Bullwhip Effect?," Working papers 364, Banque de France.
    9. Martin Borowiecki & Bernhard Dachs & Doris Hanzl-Weiss & Steffen Kinkel & Johannes Pöschl & Magdolna Sass & Thomas Christian Schmall & Robert Stehrer & Andrea Szalavetz, 2012. "Global Value Chains and the EU Industry," wiiw Research Reports 383, The Vienna Institute for International Economic Studies, wiiw.
    10. Chen, Hogan & Kondratowicz, Matthew & Yi, Kei-Mu, 2005. "Vertical specialization and three facts about U.S. international trade," The North American Journal of Economics and Finance, Elsevier, vol. 16(1), pages 35-59, March.
    11. Benjamin F. Jones, 2021. "Where Innovation Happens, and Where It Does Not," NBER Chapters, in: The Role of Innovation and Entrepreneurship in Economic Growth, pages 577-601, National Bureau of Economic Research, Inc.
    12. Anu Kovarikova Arro, 2005. "Globalization, Increasing Returns in Component Production, and the Pattern of Trade," CERGE-EI Working Papers wp265, The Center for Economic Research and Graduate Education - Economics Institute, Prague.

  38. Timothy J Kehoe & Kim J. Ruhl, 2003. "Recent Great Depressions: Aggregate Growth in New Zealand and Switzerland," Levine's Working Paper Archive 506439000000000529, David K. Levine.

    Cited by:

    1. Aleksandar Zdravkov Vasilev, 2009. "Business cycles in Bulgaria and the Baltic countries: an RBC approach," International Journal of Computational Economics and Econometrics, Inderscience Enterprises Ltd, vol. 1(2), pages 148-170.
    2. Amartya Lahiri & Kei-Mu Yi, 2006. "A tale of two states: Maharashtra and West Bengal," Working Papers 06-16, Federal Reserve Bank of Philadelphia.
    3. Suparna Chakraborty, 2008. "Indian Economic Growth: Lessons for the Emerging Economies," WIDER Working Paper Series RP2008-67, World Institute for Development Economic Research (UNU-WIDER).
    4. Franck Portier, 2008. "Interprétation d’épisodes historiques à l’aide de modèles dynamiques stochastiques d’équilibre général," Économie et Prévision, Programme National Persée, vol. 185(4), pages 33-46.
    5. Deniz Cicek & Ceyhun Elgin, 2010. "Not-Quite-Great Depressions of Turkey: A Quantitative Analysis of Economic Growth over 1968 - 2004," Working Papers 2010/07, Bogazici University, Department of Economics.
    6. Dr. Yannic Stucki & Dr. Jacqueline Thomet, 2020. "A neoclassical perspective on Switzerland's 1990s stagnation," Working Papers 2020-22, Swiss National Bank.
    7. Hazledine, Tim & Quiggin, John, 2005. "No more free beer tomorrow? Economic policy and outcomes in Australia and New Zealand 1984-2003," Risk and Sustainable Management Group Working Papers 151509, University of Queensland, School of Economics.
    8. Debasis Bandyopadhyay, 2004. "Why haven't economic reforms increased productivity growth in New Zealand?," New Zealand Economic Papers, Taylor & Francis Journals, vol. 38(2), pages 219-240.
    9. Katja Zajc Kejžar & Èrt Kostevc & Vinko Zaninoviæ, 2016. "The role of regional economic integrations for trade margins: A case of Croatia," Zbornik radova Ekonomskog fakulteta u Rijeci/Proceedings of Rijeka Faculty of Economics, University of Rijeka, Faculty of Economics and Business, vol. 34(1), pages 11-41.
    10. Betts, Caroline, 2021. "How many (more) lost decades? The great productivity slowdown in Japan," MPRA Paper 106503, University Library of Munich, Germany.
    11. Jalil, Muaz, 2009. "Measuring Switzerland's Productivity Performance (1960-2008)," MPRA Paper 65321, University Library of Munich, Germany.
    12. Michael Siegenthaler, 2015. "Has Switzerland Really Been Marked by Low Productivity Growth? Hours Worked and Labor Productivity in Switzerland in a Long-run Perspective," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 61(2), pages 353-372, June.
    13. Mr. Ales Bulir & Alma Romero-Barrutieta & Jose Daniel Rodríguez-Delgado, 2011. "The Dynamic Implications of Debt Relief for Low-Income Countries," IMF Working Papers 2011/157, International Monetary Fund.
    14. Timothy J. Kehoe & Kim J. Ruhl, 2005. "Is Switzerland in a Great Depression?," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 8(3), pages 759-775, July.

  39. Timothy J. Kehoe, 2003. "What can we learn from the current crisis in Argentina?," Staff Report 318, Federal Reserve Bank of Minneapolis.

    Cited by:

    1. Campos, Nauro F. & Karanasos, Menelaos G. & Tan, Bin, 2008. "Two to Tangle: Financial Development, Political Instability and Economic Growth in Argentina (1896–2000)," IZA Discussion Papers 3752, Institute of Labor Economics (IZA).
    2. Dimitris Papageorgiou & Stylianos Tsiaras, 2021. "The Greek Great Depression from a neoclassical perspective," Working Papers 286, Bank of Greece.
    3. Pratap, Sangeeta & Quintin, Erwan, 2011. "Financial crises and labor market turbulence," Journal of Monetary Economics, Elsevier, vol. 58(6), pages 601-615.
    4. Nauro F. Campos & Menelaos G. Karanasos & Bin Tan, 2016. "From Riches to Rags, and Back? Institutional Change, Financial Development and Economic Growth in Argentina since 1890," Journal of Development Studies, Taylor & Francis Journals, vol. 52(2), pages 206-223, February.
    5. Deniz Cicek & Ceyhun Elgin, 2010. "Not-Quite-Great Depressions of Turkey: A Quantitative Analysis of Economic Growth over 1968 - 2004," Working Papers 2010/07, Bogazici University, Department of Economics.
    6. Jérôme Sgard, 2004. "Ce qu’on en dit après : le « currency board » argentin et sa fin tragique," SciencePo Working papers Main hal-01019663, HAL.
    7. Jérôme Sgard, 2004. "Ce qu’on en dit après : le « currency board » argentin et sa fin tragique," Revue d'Économie Financière, Programme National Persée, vol. 75(2), pages 129-151.
    8. Orlando Gracia & Hernando Zuleta, 2007. "Tratado de libre comercio entre Colombia y Estados Unidos: ¿Qué impacto puede tener en Colombia?," Documentos de Trabajo 4369, Universidad del Rosario.
    9. Minetti, Raoul & Peng, Tao, 2013. "Lending constraints, real estate prices and business cycles in emerging economies," Journal of Economic Dynamics and Control, Elsevier, vol. 37(12), pages 2397-2416.
    10. Jérôme Sgard, 2004. "Ce qu’on en dit après : le « currency board » argentin et sa fin tragique," Post-Print hal-01019663, HAL.
    11. Gogos, Stylianos G. & Mylonidis, Nikolaos & Papageorgiou, Dimitris & Vassilatos, Vanghelis, 2014. "1979–2001: A Greek great depression through the lens of neoclassical growth theory," Economic Modelling, Elsevier, vol. 36(C), pages 316-331.
    12. Ensar Yilmaz & İbrahim Engin Kiliç, 2021. "Estimating Firm‐Level Capital Stock: The Evidence From Turkey," The Developing Economies, Institute of Developing Economies, vol. 59(4), pages 371-404, December.
    13. Nikas, A. & Koasidis, K. & Köberle, A.C. & Kourtesi, G. & Doukas, H., 2022. "A comparative study of biodiesel in Brazil and Argentina: An integrated systems of innovation perspective," Renewable and Sustainable Energy Reviews, Elsevier, vol. 156(C).
    14. Carlos Gustavo Machicado, 2007. "Macroeconomic and Welfare Effects of Public Infrastructure Investment in Five Latin American Countries," Development Research Working Paper Series 14/2007, Institute for Advanced Development Studies.
    15. Jérôme Sgard, 2004. "Ce qu'on en dit après - le Currency Board argentin et sa fin tragique," Sciences Po publications info:hdl:2441/6827, Sciences Po.
    16. Stylianos G. Gogos & Dimitris Papageorgiou & Vanghelis Vassilatos, 2018. "Rent seeking activities and aggregate economic performance - the case of Greece," Working Papers 252, Bank of Greece.
    17. Tasso Adamopoulos, 2008. "Land Inequality and the Transition to Modern Growth," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 11(2), pages 257-282, April.

  40. Kehoe, Timothy J., 2002. "An Evaluation of the Performance of Applied General Equilibrium Models of the Impact of NAFTA," Conference papers 331066, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.

    Cited by:

    1. Peter Dixon & Michael Jerie & Maureen Rimmer, 2016. "Modern Trade Theory for CGE Modelling: The Armington, Krugman and Melitz Models," Journal of Global Economic Analysis, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University, vol. 1(1), pages 1-110, June.
    2. James E. Anderson & Mario Larch & Yoto V. Yotov, 2015. "Growth and Trade with Frictions: A Structural Estimation Framework," NBER Working Papers 21377, National Bureau of Economic Research, Inc.
    3. Yilmazkuday, Hakan, 2009. "How Important is Technology? A Counterfactual Analysis," MPRA Paper 16838, University Library of Munich, Germany.
    4. Bussolo, Maurizio & Niimi, Yoko, 2006. "Do regional trade pacts benefit the poor ? An illustration from the Dominican Republic-Central American Free Trade Agreement in Nicaragua," Policy Research Working Paper Series 3850, The World Bank.
    5. Jayatilleke S. Bandara & Wusheng Yu, 2007. "Agricultural trade liberalization in the Asia-Pacific region with specific reference to preferential trade agreements - scenario and impact analysis," STUDIES IN TRADE AND INVESTMENT, in: Studies in Trade and Investment - AGRICULTURAL TRADE - PLANTING THE SEEDS OF REGIONAL LIBERALIZATION IN ASIA, volume 60, pages 131-162, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP).
    6. Jiang, Tingsong, 2003. "The Impact of China's WTO Accession on its Regional Economies," Australasian Agribusiness Review, University of Melbourne, Department of Agriculture and Food Systems, vol. 11.
    7. Markusen, James R., 2013. "Expansion of trade at the extensive margin: A general gains-from-trade result and illustrative examples," Journal of International Economics, Elsevier, vol. 89(1), pages 262-270.
    8. Kyle Handley & Nuno Limão, 2012. "Trade and Investment under Policy Uncertainty: Theory and Firm Evidence," NBER Working Papers 17790, National Bureau of Economic Research, Inc.
    9. Gibson, Mark & Graciano, Tim, 2011. "Trade Models with Heterogeneous Firms: What About Importing?," MPRA Paper 33048, University Library of Munich, Germany.
    10. M. Alejandro Cardenete & M. Carmen Lima & Ferran Sancho, 2012. "VALIDATING POLICY INDUCED ECONOMIC CHANGE USING SEQUENTIAL GENERAL EQUILIBRIUM SAMs," UFAE and IAE Working Papers 893.12, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
    11. Christophe Gouel & Cristina Mitaritonna & Maria Priscila Ramos, 2010. "The Art of Exceptions: Sensitive Products in the Doha Negotiations," Working Papers 2010-20, CEPII research center.
    12. Balistreri, Edward J. & Hillberry, Russell H. & Rutherford, Thomas F., 2011. "Structural estimation and solution of international trade models with heterogeneous firms," Journal of International Economics, Elsevier, vol. 83(2), pages 95-108, March.
    13. Vinyes, Cristina & Roe, Terry, 2012. "Growth of the Brazilian biofuel sector: an inter-temporal general equilibrium analysis," Conference papers 332230, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    14. Handley, Kyle, 2012. "Exporting under Trade Policy Uncertainty: Theory and Evidence," Working Papers 634, Research Seminar in International Economics, University of Michigan.
    15. Cristina Cattaneo, 2006. "The Determinants of Actual Migration and the Role of Wages and Unemployment in Albania: an Empirical Analysis," LIUC Papers in Economics 196, Cattaneo University (LIUC).
    16. Francois, Joseph & Manchin, Miriam & Martin, Will, 2013. "Market Structure in Multisector General Equilibrium Models of Open Economies," Handbook of Computable General Equilibrium Modeling, in: Peter B. Dixon & Dale Jorgenson (ed.), Handbook of Computable General Equilibrium Modeling, edition 1, volume 1, chapter 0, pages 1571-1600, Elsevier.
    17. Rubini, Loris, 2009. "Innovation and the Elasticity of Trade Volumes to Tariff Reductions," MPRA Paper 21484, University Library of Munich, Germany.
    18. Minghao Li & Edward J. Balistreri & Wendong Zhang, 2019. "The U.S.-China trade war: Tariff data and general equilibrium analysis," Center for Agricultural and Rural Development (CARD) Publications 19-wp595, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    19. Maria Bejan, 2007. "Some Business Cycle Consequences of Trade Agreements:The Case of the North American Free Trade Agreement," RSCAS Working Papers 2007/03, European University Institute.
    20. Piermartini, Roberta & Teh, Robert, 2005. "Demystifying modelling methods for trade policy," WTO Discussion Papers 10, World Trade Organization (WTO), Economic Research and Statistics Division.
    21. Arnaud Costinot & Andrés Rodríguez-Clare, 2013. "Trade Theory with Numbers: Quantifying the Consequences of Globalization," NBER Working Papers 18896, National Bureau of Economic Research, Inc.
    22. Mario Larch & Yoto V. Yotov, 2016. "General Equilibrium Trade Policy Analysis with Structural Gravity," CESifo Working Paper Series 6020, CESifo.
    23. Hong, Chanyoung & Yang, Heewon & Hwang, Wonsik & Lee, Jeong-Dong, 2014. "Validation of an R&D-based computable general equilibrium model," Economic Modelling, Elsevier, vol. 42(C), pages 454-463.
    24. Steven Byers & Jeff Ferry, 2019. "Decoupling from China: an economic analysis of the impact on the U.S. economy of a permanent tariff on Chinese imports," Business Economics, Palgrave Macmillan;National Association for Business Economics, vol. 54(4), pages 248-256, October.
    25. Hertel, Thomas W. & Winters, L. Alan, 2005. "Poverty Impacts of a WTO Agreement: Synthesis and Overview," Conference papers 331355, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    26. Susanto, Dwi & Rosson, C. Parr, III & Adcock, Flynn J., 2006. "Trade Creation and Trade Diversion in the North American Free Trade Agreement: The Case of Agricultural Sector," 2006 Annual meeting, July 23-26, Long Beach, CA 21357, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    27. Filho, Joaquim Bento de Souza Ferreira & Horridge, Mark, 2006. "The Doha Development Agenda and Brazil: Distributional Impacts," Conference papers 331482, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    28. Arvind Panagariya, 2004. "India’s Trade Reform: Progress, Impact and Future Strategy:," International Trade 0403004, University Library of Munich, Germany.
    29. Gabriel Felbermayr & Rahel Aichele & Gabriel J. Felbermayr, 2014. "Transatlantic Free Trade: The View Point of Germany," CESifo Working Paper Series 5151, CESifo.
    30. Costas Arkolakis, 2010. "Market Penetration Costs and the New Consumers Margin in International Trade," Journal of Political Economy, University of Chicago Press, vol. 118(6), pages 1151-1199.
    31. Rose, Andrew & Furceri, Davide & Ahmed Hannan, Swarnali & Ostry, Jonathan D., 2018. "Macroeconomic Consequences of Tariffs," CEPR Discussion Papers 13389, C.E.P.R. Discussion Papers.
    32. Holmøy, Erling, 2016. "The development and use of CGE models in Norway," Journal of Policy Modeling, Elsevier, vol. 38(3), pages 448-474.
    33. Michiel van Dijk & George Philippidis & Geert Woltjer, 2016. "Catching up with history: A methodology to validate global CGE models," FOODSECURE Technical papers 9, LEI Wageningen UR.
    34. Riccardo Magnani & Jean Mercenier, 2007. "On linking microsimulation and applied GE by exact aggregation of heterogeneous discrete-choice making agents," THEMA Working Papers 2007-06, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
    35. Carbone, Jared C. & Helm, Carsten & Rutherford, Thomas F., 2009. "The Case for International Emission Trade in the Absence of Cooperative Climate Policy," Publications of Darmstadt Technical University, Institute for Business Studies (BWL) 77402, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).
    36. Orrell, David & McSharry, Patrick, 2009. "System economics: Overcoming the pitfalls of forecasting models via a multidisciplinary approach," International Journal of Forecasting, Elsevier, vol. 25(4), pages 734-743, October.
    37. M. Ayhan Kose & Guy M. Meredith & Christopher M. Towe, 2005. "How Has NAFTA Affected the Mexican Economy? Review and Evidence," Springer Books, in: Rolf J. Langhammer & Lúcio Vinhas Souza (ed.), Monetary Policy and Macroeconomic Stabilization in Latin America, pages 35-81, Springer.
    38. Lawrence, Robert Z., 2006. "Recent US Free Trade Initiatives in the Middle East: Opportunities but No Guarantees," Working Paper Series rwp06-050, Harvard University, John F. Kennedy School of Government.
    39. Breinlich, Holger & Cuñat, Alejandro, 2010. "Trade liberalization and heterogeneous firm models: an evaluation using the Canada - US Free Trade Agreement," LSE Research Online Documents on Economics 28725, London School of Economics and Political Science, LSE Library.
    40. Alvarez, Fernando & Lucas, Robert Jr., 2007. "General equilibrium analysis of the Eaton-Kortum model of international trade," Journal of Monetary Economics, Elsevier, vol. 54(6), pages 1726-1768, September.
    41. Torstein Bye & Erling Erling Holmoy, 2010. "Removing Policy-based Comparative Advantage for Energy Intensive Production: Necessary Adjustments of the Real Exchange Rate and Industry Structure," The Energy Journal, International Association for Energy Economics, vol. 0(Number 1), pages 177-198.
    42. Carlos Felipe Jaramillo & Daniel Lederman & Maurizio Bussolo & David Gould & Andrew Mason, 2006. "Challenges of CAFTA : Maximizing the Benefits for Central America," World Bank Publications - Books, The World Bank Group, number 7127, December.
    43. Latorre, María C. & Bajo-Rubio, Oscar & Gómez-Plana, Antonio G., 2009. "The effects of multinationals on host economies: A CGE approach," Economic Modelling, Elsevier, vol. 26(5), pages 851-864, September.
    44. Yoto Yotov & Mario Larch & James Anderson, 2015. "Growth and Trade: A Structural Estimation Framework," 2015 Meeting Papers 851, Society for Economic Dynamics.
    45. Loris Rubini, 2015. "Productivity and Trade Liberalizations in Canada," Economics Bulletin, AccessEcon, vol. 35(2), pages 1404-1422.
    46. Chang Seung & Edward Waters, 2010. "Evaluating Supply-Side And Demand-Side Shocks For Fisheries: A Computable General Equilibrium (Cge) Model For Alaska," Economic Systems Research, Taylor & Francis Journals, vol. 22(1), pages 87-109.
    47. Konan, Denise Eby & Maskus, Keith E., 2003. "Quantifying the impact of services liberalization in a developing country," Policy Research Working Paper Series 3193, The World Bank.
    48. Davide Furceri & Swarnali A Hannan & Jonathan D Ostry & Andrew K Rose, 2022. "The Macroeconomy After Tariffs," The World Bank Economic Review, World Bank, vol. 36(2), pages 361-381.
    49. Gabriel Felbermayr, 2016. "Economic Analysis of TTIP," ifo Working Paper Series 215, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
    50. Sang-Wook Stanley Cho & Julian P. Diaz, 2007. "Trade Liberalization in Latin America and Eastern Europe: The Cases of Ecuador and Slovenia," Discussion Papers 2007-25, School of Economics, The University of New South Wales.
    51. Dixon, Peter B. & Rimmer, Maureen T., 2013. "Validation in Computable General Equilibrium Modeling," Handbook of Computable General Equilibrium Modeling, in: Peter B. Dixon & Dale Jorgenson (ed.), Handbook of Computable General Equilibrium Modeling, edition 1, volume 1, chapter 0, pages 1271-1330, Elsevier.
    52. Hess, Sebastian, 2005. "An Econometric Model of CGE Simulations," 2005 International Congress, August 23-27, 2005, Copenhagen, Denmark 24713, European Association of Agricultural Economists.
    53. Gabriel Felbermayr & Jasmin Katrin Gröschl & Inga Heiland, 2018. "Undoing Europe in a New Quantitative Trade Model," ifo Working Paper Series 250, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
    54. Peter B. Dixon & Maureen T. Rimmer, 2009. "Forecasting with a CGE model: does it work?," Centre of Policy Studies/IMPACT Centre Working Papers g-197, Victoria University, Centre of Policy Studies/IMPACT Centre.
    55. Kose, M. Ayhan & Rebucci, Alessandro, 2005. "How might CAFTA change macroeconomic fluctuations in Central America?: Lessons from NAFTA," Journal of Asian Economics, Elsevier, vol. 16(1), pages 77-104, February.
    56. Timothy J. Kehoe & Kim J. Ruhl, 2009. "How important is the new goods margin in international trade?," Staff Report 324, Federal Reserve Bank of Minneapolis.
    57. Golub, Alla & McDougall, Robert, 2006. "New Household Saving Behavior in the Dynamic GTAP model," Conference papers 331550, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    58. Ben Hammouda, Hakim & Osakwe, Patrick N., 2006. "Global Trade Models and Economic Policy Analyses: Relevance, Risks and Repercussions for Africa," MPRA Paper 1851, University Library of Munich, Germany.
    59. T.N. Srinivasan, 2010. "Global Economic Institutional, Intellectual and Religious Contacts: A Brief History," Chapters, in: Robert E.B. Lucas & Lyn Squire & T. N. Srinivasan (ed.), Global Exchange and Poverty, chapter 1, Edward Elgar Publishing.
    60. Jared C. Carbone & Nicholas Rivers, 2014. "Climate policy and competitiveness: Policy guidance and quantitative evidence," Working Papers 2014-05, Colorado School of Mines, Division of Economics and Business.
    61. Lorenzo Caliendo & Fernando Parro, 2012. "Estimates of the Trade and Welfare Effects of NAFTA," NBER Working Papers 18508, National Bureau of Economic Research, Inc.
    62. Paul Bergin & Reuven Glick, 2005. "Tradability, Productivity, and Understanding International Economic Integration," Working Papers 294, University of California, Davis, Department of Economics.
    63. Juyoung Cheong & Shino Takayama, 2014. "The Trade And Welfare Analysis Of The TPP," Discussion Papers Series 509, School of Economics, University of Queensland, Australia.
    64. Cuñat, Alejandro & Breinlich, Holger, 2013. "Tariffs, Trade and Productivity: A Quantitative Evaluation of Heterogeneous Firm Models," CEPR Discussion Papers 9579, C.E.P.R. Discussion Papers.
    65. Utai UPRASEN & Bernadette ANDREOSSO-O'CALLAGHAN, 2008. "Impact of the 5th EU Enlargement on ASEAN," EcoMod2008 23800145, EcoMod.
    66. Mrs. Swarnali A Hannan, 2016. "The Impact of Trade Agreements: New Approach, New Insights," IMF Working Papers 2016/117, International Monetary Fund.
    67. Rubini, Loris, 2014. "Innovation and the trade elasticity," Journal of Monetary Economics, Elsevier, vol. 66(C), pages 32-46.
    68. Jayson Beckman & Carmen Estrades & Angel Aguiar, 2019. "Export taxes, food prices and poverty: a global CGE evaluation," Food Security: The Science, Sociology and Economics of Food Production and Access to Food, Springer;The International Society for Plant Pathology, vol. 11(1), pages 233-247, February.
    69. Jonathan I. Dingel & Felix Tintelnot, 2020. "Spatial Economics for Granular Settings," NBER Working Papers 27287, National Bureau of Economic Research, Inc.
    70. Dan S. Rickman, 2010. "Modern Macroeconomics And Regional Economic Modeling," Journal of Regional Science, Wiley Blackwell, vol. 50(1), pages 23-41, February.
    71. Murray G Smith, 2011. "The North American Free Trade Agreement: Fait Accompli?," Chapters, in: Miroslav N. Jovanović (ed.), International Handbook on the Economics of Integration, Volume I, chapter 15, Edward Elgar Publishing.
    72. Loris Rubini, 2014. "Productivity in Canada During the Auto Pact and the Free Trade Agreement," Documentos de Trabajo 455, Instituto de Economia. Pontificia Universidad Católica de Chile..
    73. Kehoe, Timothy J. & Rossbach, Jack & Ruhl, Kim J., 2015. "Using the new products margin to predict the industry-level impact of trade reform," Journal of International Economics, Elsevier, vol. 96(2), pages 289-297.
    74. María C. Latorre, 2009. "The economic analysis of multinationals and foreign direct investment: a review," Hacienda Pública Española / Review of Public Economics, IEF, vol. 191(4), pages 97-126, December.
    75. Luis Quintana-Romero & Nam Kwon Mun & Roldán Andrés-Rosales & José Álvarez-García, 2020. "Trade Complementarity and the Balance of Payments Constraint Hypothesis: A New Free Trade Agreement between Mexico and South Korea," Mathematics, MDPI, vol. 8(10), pages 1-21, October.
    76. Robson, Edward N. & Wijayaratna, Kasun P. & Dixit, Vinayak V., 2018. "A review of computable general equilibrium models for transport and their applications in appraisal," Transportation Research Part A: Policy and Practice, Elsevier, vol. 116(C), pages 31-53.
    77. Beckman, Jayson & Hertel, Thomas & Tyner, Wallace, 2011. "Validating energy-oriented CGE models," Energy Economics, Elsevier, vol. 33(5), pages 799-806, September.
    78. Denise KONAN & Ari Van ASSCHE, 2001. "Regulation, Market Structure and Service Trade Liberalization: A CGE Analysis," Middle East and North Africa 330400038, EcoMod.
    79. Abler, David G., 2006. "Approaches to Measuring the Effects of Trade Agreements," Commissioned Papers 140762, Canadian Agricultural Trade Policy Research Network.
    80. World Bank Group, 2016. "Global Economic Prospects, January 2016," World Bank Publications - Books, The World Bank Group, number 23435, December.
    81. Shikher, Serge, 2011. "Capital, technology, and specialization in the neoclassical model," Journal of International Economics, Elsevier, vol. 83(2), pages 229-242, March.
    82. Peter Lloyd, 2011. "Free Trade And Growth In The World Economy," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 56(03), pages 291-306.
    83. Holmøy, Erling & Strøm, Birger, 2013. "Computable General Equilibrium Assessments of Fiscal Sustainability in Norway," Handbook of Computable General Equilibrium Modeling, in: Peter B. Dixon & Dale Jorgenson (ed.), Handbook of Computable General Equilibrium Modeling, edition 1, volume 1, chapter 0, pages 105-158, Elsevier.
    84. Gibson, Mark J. & Graciano, Tim A., 2012. "Trade Engagement and Producer Performance," 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington 124833, Agricultural and Applied Economics Association.
    85. Ahmed, Vaqar & O' Donoghue, Cathal, 2007. "CGE-Microsimulation Modelling: A Survey," MPRA Paper 9307, University Library of Munich, Germany.
    86. Robert Z. Lawrence, 2007. "A True Development Round? A Review of Joseph E. Stiglitz and Andrew Charlton's Fair Trade for All: How Trade Can Promote Development," Journal of Economic Literature, American Economic Association, vol. 45(4), pages 1001-1010, December.
    87. Erling Holmøy, 2006. "Real appreciation as an automatic channel for redistribution of increased government non-tax revenue," Discussion Papers 471, Statistics Norway, Research Department.
    88. Ogunkola, E. Olawale & Bankole, Abiodun S. & Adewuyi, Adeolu O., 2006. "An Evaluation of the Impact of Nigeria’s Trade and Investment Policy Reforms," Conference papers 331458, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    89. Li, NaiChia & Roe, Terry L., 2006. "Validating Dynamic General Equilibrium Model Forecasts," 2006 Annual meeting, July 23-26, Long Beach, CA 21325, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    90. Jeffrey B. Nugent & Abla M. Abdel-Latif, 2010. "A Quiz on the Net Benefits of Trade Creation and Trade Diversion in the QIZs of Jordan and Egypt," Working Papers 514, Economic Research Forum, revised 04 Jan 2010.
    91. Ricardo Arguello, 2004. "An exporatory assessment of the potential impact of the free trade area of the americas on the andean community," Borradores de Investigación 4332, Universidad del Rosario.
    92. Dixon, Peter B. & Rimmer, Maureen T., 2009. "Simulating the U.S. recession," Conference papers 331862, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    93. Hakan Yilmazkuday, 2011. "Intranational Trade and Regional Tax Rates: A Welfare Analysis on the U.S. Economy," Working Papers 1106, Florida International University, Department of Economics.
    94. Nuno Limão, 2016. "Preferential Trade Agreements," NBER Working Papers 22138, National Bureau of Economic Research, Inc.
    95. Barkhordar, Zahra A. & Saboohi, Yadollah, 2013. "Assessing alternative options for allocating oil revenue in Iran," Energy Policy, Elsevier, vol. 63(C), pages 1207-1216.
    96. Koesler, Simon, 2014. "Specifying parameters in computable general equilibrium models using optimal fingerprint detection methods," ZEW Discussion Papers 14-092, ZEW - Leibniz Centre for European Economic Research.
    97. Devarajan, Shantayanan & Robinson, Sherman, 2013. "Contribution of Computable General Equilibrium Modeling to Policy Formulation in Developing Countries," Handbook of Computable General Equilibrium Modeling, in: Peter B. Dixon & Dale Jorgenson (ed.), Handbook of Computable General Equilibrium Modeling, edition 1, volume 1, chapter 0, pages 277-301, Elsevier.
    98. Elena IANCHOVICHINA & Will MARTIN, 2006. "Trade Impacts of China's World Trade Organization Accession," Asian Economic Policy Review, Japan Center for Economic Research, vol. 1(1), pages 45-65, June.
    99. Michael Rolleigh, 2005. "Heterogeneous Plants and Trade: Lessons from the Canada-US FTA," 2005 Meeting Papers 647, Society for Economic Dynamics.
    100. Baysan, Tercan & Panagariya, Arvind & Pitigala, Nihal, 2006. "Preferential trading in South Asia," Policy Research Working Paper Series 3813, The World Bank.
    101. Скрыпник Д.В., 2016. "Макроэкономическая Модель Российской Экономики," Журнал Экономика и математические методы (ЭММ), Центральный Экономико-Математический Институт (ЦЭМИ), vol. 52(3), pages 92-113, июль.

  41. Timothy Kehoe & Edward Prescott, 2002. "Data Appendix to Great Depressions of the Twentieth Century," Online Appendices kehoe02, Review of Economic Dynamics.

    Cited by:

    1. Díaz, Antonia & Franjo, Luis, 2016. "Capital goods, measured TFP and growth: The case of Spain," European Economic Review, Elsevier, vol. 83(C), pages 19-39.
    2. Juan Carlos Conesa & Timothy J. Kehoe, 2017. "Productivity, Taxes, and Hours Worked in Spain: 1970-2015," Staff Report 550, Federal Reserve Bank of Minneapolis.
    3. Edward C. Prescott, 2003. "Why do Americans work so much more than Europeans?," Staff Report 321, Federal Reserve Bank of Minneapolis.
    4. Kaiji Chen & Ayse Imrohoroglu & Selahattin Imrohoroglu, 2006. "Secular Movements in U.S. Saving and Consumption," 2006 Meeting Papers 154, Society for Economic Dynamics.
    5. Margarida Duarte & Diego Restuccia, 2007. "The structural transformation and aggregate productivity in Portugal," Portuguese Economic Journal, Springer;Instituto Superior de Economia e Gestao, vol. 6(1), pages 23-46, April.
    6. Arilton Teixeira & Benjamin Bridgman & Victor Gomes, 2009. "Threatening to Increase Productivity," Fucape Working Papers 19, Fucape Business School.
    7. Gonzalo Fernández de Córdoba & Ramón J. Torregrosa, 2005. "Efectos de una sustitución de impuestos sobre el trabajo por impuestos sobre el capital: el caso de España," Hacienda Pública Española / Review of Public Economics, IEF, vol. 175(4), pages 9-23, december.
    8. Timothy Kehoe & Felipe Meza, 2011. "Catch-up Growth Followed by Stagnation: Mexico 1950–2008," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 48(2), pages 227-268.
    9. Andrés Fernández & Ayşe İmrohoroğlu & Cesar E. Tamayo, 2019. "Saving Rates in Latin America: A Neoclassical Perspective," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 67(4), pages 791-823, December.
    10. Raphael Bergoeing & Andrés Hernando & Andrea Repetto, 2005. "Market Reforms and Efficiency Gains in Chile," Documentos de Trabajo 207, Centro de Economía Aplicada, Universidad de Chile.
    11. Samuel de Abreu Pessoa & Fernando A. Veloso & Pedro Cavalcanti Ferreira, 2008. "The Evolution of TFP in Latin America," 2008 Meeting Papers 633, Society for Economic Dynamics.
    12. Leung, Ron & Stampini, Marco & Vencatachellum, Désiré, 2009. "Does Human Capital Protect Workers against Exogenous Shocks? South Africa in the 2008-2009 Crisis," IZA Discussion Papers 4608, Institute of Labor Economics (IZA).
    13. Aleksandar Zdravkov Vasilev, 2009. "Business cycles in Bulgaria and the Baltic countries: an RBC approach," International Journal of Computational Economics and Econometrics, Inderscience Enterprises Ltd, vol. 1(2), pages 148-170.
    14. AKIYOSHI Fumio & KOBAYASHI Keiichiro, 2007. "Bank Distress and Productivity of Borrowing Firms: Evidence from Japan," Discussion papers 07014, Research Institute of Economy, Trade and Industry (RIETI).
    15. International Monetary Fund, 2006. "Spain: Selected Issues," IMF Staff Country Reports 2006/213, International Monetary Fund.
    16. Trimborn, Timo & Strulik, Holger, 2011. "The Dark Side of Fiscal Stimulus," VfS Annual Conference 2011 (Frankfurt, Main): The Order of the World Economy - Lessons from the Crisis 48725, Verein für Socialpolitik / German Economic Association.
    17. Gauti B. Eggertsson, 2006. "Was the New Deal contractionary?," Staff Reports 264, Federal Reserve Bank of New York.
    18. Jose Asturias & Sewon Hur & Timothy J. Kehoe & Kim J. Ruhl, 2023. "Firm Entry and Exit and Aggregate Growth," American Economic Journal: Macroeconomics, American Economic Association, vol. 15(1), pages 48-105, January.
    19. François Gourio, 2013. "Credit Risk and Disaster Risk," American Economic Journal: Macroeconomics, American Economic Association, vol. 5(3), pages 1-34, July.
    20. Vlieghe, Gertjan, 2010. "Imperfect credit markets: implications for monetary policy," Bank of England working papers 385, Bank of England.
    21. Raphael Bergoeing & Patrick J. Kehoe & Timothy J. Kehoe & Raimundo Soto, 2002. "Policy-Driven Productivity in Chile and Mexico in the 1980s and 1990s," Documentos de Trabajo 125, Centro de Economía Aplicada, Universidad de Chile.
    22. Kaiji Chen & Ayşe İmrohoroğlu & Selahattin İmrohoroğlu, 2007. "The Japanese saving rate between 1960 and 2000: productivity, policy changes, and demographics," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 32(1), pages 87-104, July.
    23. Finn E. Kydland & Carlos E. Zarazaga, 2002. "Argentina's recovery and \"excess\" capital shallowing of the 1990s," Working Papers 0204, Federal Reserve Bank of Dallas.
    24. Eleni Iliopulos & Thepthida Sopraseuth, 2013. "L'intermédiation financière dans l'analyse macroéconomique : le défi de la crise," PSE-Ecole d'économie de Paris (Postprint) hal-00821532, HAL.
    25. Lee E. Ohanian, 2016. "The Great Recession in the Shadow of the Great Depression: A Review Essay on “Hall of Mirrors: The Great Depression, The Great Recession and the Uses and Misuses Of History”," NBER Working Papers 22239, National Bureau of Economic Research, Inc.
    26. Brinca, P. & Chari, V.V. & Kehoe, P.J. & McGrattan, E., 2016. "Accounting for Business Cycles," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 1013-1063, Elsevier.
    27. Juan Carlos Conesa & Timothy J. Kehoe & Kim J. Ruhl, 2007. "Modeling great depressions: the depression in Finland in the 1990s," Staff Report 401, Federal Reserve Bank of Minneapolis.
    28. Bety Agnany & Amaia Iza, 2008. "Growth in an oil abundant economy: The case of Venezuela," ThE Papers 08/18, Department of Economic Theory and Economic History of the University of Granada..
    29. Andres Fernandez & Juan Herreno, 2013. "Equilibrium Unemployment during Financial Crises," Research Department Publications IDB-WP-390, Inter-American Development Bank, Research Department.
    30. Razzak, Weshah & Labas, Belkacem, 2010. "Taxes, Natural Resource Endowment, and the Supply of Labor: New Evidence," MPRA Paper 21634, University Library of Munich, Germany.
    31. Michel, DE VROEY & Luca, PENSIEROSO, 2005. "Real Business Cycle Theory and the Great Depression : The Abandonment of the Absentionist Viewpoint," Discussion Papers (ECON - Département des Sciences Economiques) 2005054, Université catholique de Louvain, Département des Sciences Economiques.
    32. Bai, Hang & Hou, Kewei & Kung, Howard & Li, Erica X.N. & Zhang, Lu, 2019. "The CAPM strikes back? An equilibrium model with disasters," Journal of Financial Economics, Elsevier, vol. 131(2), pages 269-298.
    33. Diego Restuccia & Richard Rogerson, 2012. "Misallocation and Productivity," Working Papers tecipa-468, University of Toronto, Department of Economics.
    34. Dalton, John T., 2015. "The Evolution Of Taxes And Hours Worked In Austria, 1970–2005," Macroeconomic Dynamics, Cambridge University Press, vol. 19(8), pages 1800-1815, December.
    35. Raphael Bergoeing & Andrea Repetto, 2006. "Micro Efficiency and Aggregate Growth in Chile," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 43(127), pages 169-192.
    36. Patrick Fève & Alban Moura & Olivier Pierrard, 2019. "Shadow banking and the Great Recession: Evidence from an estimated DSGE model," BCL working papers 125, Central Bank of Luxembourg.
    37. Benk, Szil rd & Gillman, Max & Kejak, Michal, 2005. "Credit Shocks in the Financial Deregulatory Era: Not the Usual Suspects," Cardiff Economics Working Papers E2005/13, Cardiff University, Cardiff Business School, Economics Section.
    38. Timothy J. Kehoe & Carlos Gustavo Machicado & José Peres-Cajías, 2019. "The Monetary and Fiscal History of Bolivia, 1960–2017," NBER Working Papers 25523, National Bureau of Economic Research, Inc.
    39. Keiichiro KOBAYASHI & Daichi SHIRAI, 2022. "Debt-Ridden Borrowers and Economic Slowdown," CIGS Working Paper Series 22-008E, The Canon Institute for Global Studies.
    40. KOBAYASHI Keiichiro & INABA Masaru (RIETI), 2007. "Debt-Ridden Equilibria - A Simple Theory of Great Depressions -," Discussion papers 07035, Research Institute of Economy, Trade and Industry (RIETI).
    41. Nauro F. Campos & Menelaos G. Karanasos & Michail Karoglou & Panagiotis Koutroumpis & Constantin Zopounidis & Apostolos Christopoulos, 2022. "Apocalypse now, apocalypse when? Economic growth and structural breaks in Argentina (1886–2003)," Economics of Transition and Institutional Change, John Wiley & Sons, vol. 30(1), pages 3-32, January.
    42. Edward C. Prescott, 2006. "Nobel Lecture: The Transformation of Macroeconomic Policy and Research," Journal of Political Economy, University of Chicago Press, vol. 114(2), pages 203-235, April.
    43. KOBAYASHI Keiichiro, 2009. "Asset-Price Collapse and Market Disruption - A model of financial crises -," Discussion papers 09045, Research Institute of Economy, Trade and Industry (RIETI).
    44. Daude, Christian & Fernández-Arias, Eduardo & Blyde, Juan S., 2009. "Output Collapses and Productivity Destruction," IDB Publications (Working Papers) 1640, Inter-American Development Bank.
    45. Raphael Bergoeing & Felipe Morandé, 2002. "Crecimiento, Empleo e Impuestos al Trabajo: Chile 1998-2001," Working Papers wp193, University of Chile, Department of Economics.
    46. Peter Temin, 2008. "Real Business Cycle Views of the Great Depression and Recent Events: A Review of Timothy J. Kehoe and Edward C. Prescott's Great Depressions of the Twentieth Century," Journal of Economic Literature, American Economic Association, vol. 46(3), pages 669-684, September.
    47. Murat Ungor, 2016. "Online Appendix to "Productivity Growth and Labor Reallocation: Latin America versus East Asia"," Online Appendices 11-273, Review of Economic Dynamics.
    48. George Liontos & Konstantinos Mavrigiannakis & Eugenia Vella, 2023. "The Macroeconomics of Skills Mismatch in the Presence of Emigration," DEOS Working Papers 2314, Athens University of Economics and Business.
    49. Luca, PENSIEROSO, 2005. "Real Business Cycle Models of the Great Depression : a Critical Survey," Discussion Papers (ECON - Département des Sciences Economiques) 2005005, Université catholique de Louvain, Département des Sciences Economiques.
    50. Aleksandar Vasilev, 2017. "Business Cycle Accounting: Bulgaria after the introduction of the currency board arrangement (1999-2014)," European Journal of Comparative Economics, Cattaneo University (LIUC), vol. 14(2), pages 197-219, December.
    51. Timothy J. Kehoe, 2003. "What can we learn from the current crisis in Argentina?," Staff Report 318, Federal Reserve Bank of Minneapolis.
    52. Jonathan Payne & Lawrence Uren, 2014. "Economic Policy and the Great Depression in a Small Open Economy," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 46(2-3), pages 347-370, March.
    53. Finn E. Kydland, 2006. "Quantitative Aggregate Economics," American Economic Review, American Economic Association, vol. 96(5), pages 1373-1383, December.
    54. Kehoe, Timothy J. & Ruhl, Kim J., 2009. "Sudden stops, sectoral reallocations, and the real exchange rate," Journal of Development Economics, Elsevier, vol. 89(2), pages 235-249, July.
    55. Keiichiro Kobayashi & Daichi Shirai, 2014. "Heterogeneity and redistribution in financial crises," CIGS Working Paper Series 14-004E, The Canon Institute for Global Studies.
    56. Kehoe, Timothy J., 2002. "An Evaluation of the Performance of Applied General Equilibrium Models of the Impact of NAFTA," Conference papers 331066, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    57. Yamada, Tomoaki, 2012. "Income risk, macroeconomic and demographic change, and economic inequality in Japan," Journal of Economic Dynamics and Control, Elsevier, vol. 36(1), pages 63-84.
    58. Peilin, Liu & Shen, Jia & Xun, Zhang, 2017. "Catch-up Cycle: A General Equilibrium Framework," ADBI Working Papers 660, Asian Development Bank Institute.
    59. Pedro S. Amaral & James C. MacGee, 2012. "Re-Examining the Role of Sticky Wages in the U.S. Great Contraction: A Multi-sector Approach," University of Western Ontario, Economic Policy Research Institute Working Papers 20125, University of Western Ontario, Economic Policy Research Institute.
    60. Ferreira, Pedro Cavalcanti & Pessôa, Samuel de Abreu & Veloso, Fernando A., 2010. "The evolution of TFP in Latin America: high productivity when distortions were high?," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 699, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    61. Juan Carlos Conesa & Pau S. Pujolas, 2019. "The Canadian productivity stagnation, 20022014," Canadian Journal of Economics, Canadian Economics Association, vol. 52(2), pages 561-583, May.
    62. Agnani, Betty & Iza Padilla, María Amaya, 2005. "Growth in an oil abundant economy: The case of Venezuela," DFAEII Working Papers 1988-088X, University of the Basque Country - Department of Foundations of Economic Analysis II.
    63. Finn E. Kydland & Carlos E. Zarazaga, 2003. "Argentina's lost decade and subsequent recovery: hits and misses of the neoclassical growth model," Center for Latin America Working Papers 0403, Federal Reserve Bank of Dallas.
    64. Antón Sarabia Arturo, 2008. "Accounting for Output Fluctuations in Mexico," Working Papers 2008-05, Banco de México.
    65. Aurelia Ioana Logojan, 2009. "The Greatest Financial Crises And The Economic Theories," Romanian Economic Business Review, Romanian-American University, vol. 4(3), pages 7-16, September.
    66. Prescott, Edward C., 2004. "The Transformation of Macroeconomic Policy and Research," Nobel Prize in Economics documents 2004-7, Nobel Prize Committee.
    67. Asu Ozdaglar & Alireza Tahbaz-Salehi & Daron Acemoglu, 2015. "Microeconomic Origins of Macroeconomic Tail Risks," 2015 Meeting Papers 314, Society for Economic Dynamics.
    68. Tiago Severo & Mr. Marcello M. Estevão, 2010. "Financial Shocks and TFP L4318Growth," IMF Working Papers 2010/023, International Monetary Fund.
    69. Luca Pensieroso & Alessandro Sommacal, 2017. "Agriculture to Industry: the End of Intergenerational Coresidence," Working Papers 10/2017, University of Verona, Department of Economics.
    70. Konstantinos Mavrigiannakis & Andreas Vasilatos & Eugenia Vella, 2023. "Fiscal Tightening and Skills Mismatch," DEOS Working Papers 2313, Athens University of Economics and Business.
    71. Radek Paluszynski, 2017. "Learning about Debt Crises," 2017 Meeting Papers 1602, Society for Economic Dynamics.
    72. Edward C. Prescott, 2002. "Prosperity and Depression: 2002 Richard T. Ely Lecture," Working Papers 618, Federal Reserve Bank of Minneapolis.
    73. Luca PENSIEROSO, 2009. "Real Business Cycle Models of the Great Depression," LIDAM Discussion Papers IRES 2009034, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    74. Nauro F. Campos & Menelaos G. Karanasos & Bin Tan, 2016. "From Riches to Rags, and Back? Institutional Change, Financial Development and Economic Growth in Argentina since 1890," Journal of Development Studies, Taylor & Francis Journals, vol. 52(2), pages 206-223, February.
    75. Viral V. Acharya & Thomas Cooley & Matthew Richardson & Ingo Walter, 2011. "Market Failures and Regulatory Failures : Lessons from Past and Present Financial Crises," Finance Working Papers 23273, East Asian Bureau of Economic Research.
    76. Rud, Juan Pablo, 2017. "Bankruptcy Choice with Endogenous Financial Constraints," IDB Publications (Working Papers) 8368, Inter-American Development Bank.
    77. Timothy Kehoe & Sewon Hur & Kim Ruhl & Jose Asturias, 2015. "The Interaction of Entry Barriers and Financial Frictions in Growth," 2015 Meeting Papers 792, Society for Economic Dynamics.
    78. Franck Portier, 2008. "Interprétation d’épisodes historiques à l’aide de modèles dynamiques stochastiques d’équilibre général," Économie et Prévision, Programme National Persée, vol. 185(4), pages 33-46.
    79. Arturo Antón-Sarabia, 2008. "El problema al final de la muestra en la estimación del PIB potencial," Working papers DTE 442, CIDE, División de Economía.
    80. Yong Kim & Hyeok Jeong, 2005. "A Theory of Modern Transition Applied to Thailand," 2005 Meeting Papers 831, Society for Economic Dynamics.
    81. Chengliang Yan & Liutang Gong, 2009. "Government expenditure, taxation and long-run growth," Frontiers of Economics in China, Springer;Higher Education Press, vol. 4(4), pages 505-525, December.
    82. Margarida Duarte & Diego Restuccia, 2009. "The Role of the Structural Transformation in Aggregate Productivity," Working Papers tecipa-348, University of Toronto, Department of Economics.
    83. Gerald O’Driscoll & Douglas Rasmussen, 2012. "Did Hayek have a monetary theory of business cycles?," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 25(3), pages 255-262, September.
    84. Raphael Bergoeing & Felipe Morandé & Facundo Piguillem, 2003. "Labor Market Distortions, Employment and Growth: The Recent Chilean Experience," Working Papers Central Bank of Chile 251, Central Bank of Chile.
    85. Deniz Cicek & Ceyhun Elgin, 2010. "Not-Quite-Great Depressions of Turkey: A Quantitative Analysis of Economic Growth over 1968 - 2004," Working Papers 2010/07, Bogazici University, Department of Economics.
    86. Kaiji Chen & Ayşe İmrohoroğlu, 2017. "Debt in the US economy," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 64(4), pages 675-706, December.
    87. Santiago Herrera & Hoda Selim & Hoda Youssef & Chahir Zaki, 2011. "Egypt beyond the Crisis: Medium-Term Challenges for Sustained Growth," Working Papers 625, Economic Research Forum, revised 09 Jan 2011.
    88. -, 2009. "Economic survey of the Caribbean 2008-2009," Sede Subregional de la CEPAL para el Caribe (Estudios e Investigaciones) 38689, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    89. Yoshiyasu Ono, 2017. "Country Size, Specialization Patterns and Secular Demand Stagnation," CESifo Working Paper Series 6752, CESifo.
    90. Gomes, Victor & Teixeira, Arilton & Bugarin, Mirta Sataka & Ellery Jr, Roberto, 2010. "From a Miracle to a Disaster: the Brazilian Economy in the Last 3 Decades," Brazilian Review of Econometrics, Sociedade Brasileira de Econometria - SBE, vol. 30(1), October.
    91. Bertrand Candelon & Norbert Metiu & Stefan Straetmans, 2014. "Disentangling economic recessions and depressions," Working Papers 2014-328, Department of Research, Ipag Business School.
    92. Keiichiro Kobayashi & Daichi Shirai, 2016. "Debt-Ridden Borrowers and Productivity Slowdown," CIGS Working Paper Series 16-001E, The Canon Institute for Global Studies.
    93. Yoshiyasu Ono, 2018. "Macroeconomic Interdependence Between a Stagnant and a Fully Employed Country," The Japanese Economic Review, Springer, vol. 69(4), pages 450-477, December.
    94. Jochen Hartwig, 2005. "Messprobleme bei der Ermittlung des Wachstums der Arbeitsproduktivität - dargestellt anhand eines Vergleichs der Schweiz mit den USA," KOF Working papers 05-100, KOF Swiss Economic Institute, ETH Zurich.
    95. Kaiji Chen & Alfonso Irarrazabal, 2014. "Online Appendix to "The Role of Allocative Efficiency in a Decade of Recovery"," Online Appendices 13-61, Review of Economic Dynamics.
    96. Pedro Brinca, 2013. "Distortions in the Neoclassical Growth Model: A Cross-Country Analysis," GEMF Working Papers 2013-24, GEMF, Faculty of Economics, University of Coimbra.
    97. Timothy J. Kehoe & Felipe Meza, 2011. "Catch-up Growth Followed by Stagnation: Mexico, 1950-2010," NBER Working Papers 17700, National Bureau of Economic Research, Inc.
    98. Lucas Navarro & Raimundo Soto, 2001. "Procyclical productivity : evidence from an emerging economy," Working Papers Central Bank of Chile 109, Central Bank of Chile.
    99. Simona E. Cociuba & Alexander Ueberfeldt, 2008. "Driving forces of the Canadian economy: an accounting exercise," Globalization Institute Working Papers 06, Federal Reserve Bank of Dallas.
    100. Stephen G Cecchetti & Finn E Kydland & Jaime Caruana & Zeti Akhtar Aziz & Thomas Jordan & Glenn Stevens, 2013. "Navigating the Great Recession: what role for monetary policy?," BIS Papers, Bank for International Settlements, number 74.
    101. Breuer, Janice Boucher & McDermott, John, 2013. "Economic depression in the world," Journal of Macroeconomics, Elsevier, vol. 38(PB), pages 227-242.
    102. Bridgman, Benjamin & Gomes, Victor & Teixeira, Arilton, 2011. "Threatening to Increase Productivity: Evidence from Brazil's Oil Industry," World Development, Elsevier, vol. 39(8), pages 1372-1385, August.
    103. Kydland, Finn E. & Zarazaga, Carlos E.J.M., 2016. "Fiscal sentiment and the weak recovery from the Great Recession: A quantitative exploration," Journal of Monetary Economics, Elsevier, vol. 79(C), pages 109-125.
    104. Jesús Crespo-Cuaresma & Octavio Fernández-Amador, 2010. "Business cycle convergence in EMU: A first look at the second moment," Working Papers 2010-22, Faculty of Economics and Statistics, Universität Innsbruck.
    105. Finn E. Kydland & Carlos E. Zarazaga, 2004. "Argentina's capital gap puzzle," Center for Latin America Working Papers 0504, Federal Reserve Bank of Dallas.
    106. Luca Pensieroso & Romain Restout, 2019. "The Gold Standard and the Great Depression: a Dynamic General Equilibrium Model," Working Papers of BETA 2019-23, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    107. Kaiji Chen & Ayse Imrohoroglu & Selo Imrohoroglu, 2005. "Japanese Saving Rate," Macroeconomics 0502017, University Library of Munich, Germany.
    108. Kaiji Chen & Ayse Imrohoroglu & Selahattin Imrohoroglu, 2006. "Secular Trends in U.S Saving and Consumption," Computing in Economics and Finance 2006 494, Society for Computational Economics.
    109. Papaioannou, Sotiris K., 2017. "Regulations and productivity: Long run effects and nonlinear influences," Economic Modelling, Elsevier, vol. 60(C), pages 244-252.
    110. Luca, PENSIEROSO, 2007. "The Great Depression in Belgium from a Neo-Classical Perspective," Discussion Papers (ECON - Département des Sciences Economiques) 2007025, Université catholique de Louvain, Département des Sciences Economiques.
    111. Aleksandar Vasilev, 2013. "On the cost of rent-seeking by government bureaucrats in a Real-Business-Cycle framework," Working Papers 2013_20, Business School - Economics, University of Glasgow.
    112. Daniela Costa & Timothy J. Kehoe & Gajen Raveendranathan, 2016. "The Stages of Economic Growth Revisited: Part 1: A General Framework and Taking Off into Growth," Economic Policy Paper 16-5, Federal Reserve Bank of Minneapolis.
    113. Mahone Zachary L. & Pujolas Pau S. & Naval Joaquín, 2021. "The Neoclassical Growth Model and the Labor Share Decline," The B.E. Journal of Macroeconomics, De Gruyter, vol. 21(2), pages 607-628, June.
    114. Benk, Szil rd & Gillman, Max & Kejak, Michal, 2008. "US Volatility Cycles of Output and Inflation, 1919-2004: A Money and Banking Approach to a Puzzle," Cardiff Economics Working Papers E2008/28, Cardiff University, Cardiff Business School, Economics Section.
    115. Stijn Claessens & M. Ayhan Kose & Marco E. Terrones, 2009. "What happens during recessions, crunches and busts? [Business cycles for G-7 and European countries]," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 24(60), pages 653-700.
    116. Vu, Khuong M., 2013. "Information and Communication Technology (ICT) and Singapore’s economic growth," Information Economics and Policy, Elsevier, vol. 25(4), pages 284-300.
    117. Hartwig Jochen, 2006. "Messprobleme bei der Ermittlung des Wachstums der Arbeitsproduktivität - dargestellt anhand eines Vergleichs der Schweiz mit den USA / Measurement Problems with Respect to Labour Productivity Growth -," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 226(4), pages 418-435, August.
    118. Eduardo Sanchez Astorino & Mauro Rodrigues Junior, 2014. "The Great Depression In Brazil," Anais do XL Encontro Nacional de Economia [Proceedings of the 40th Brazilian Economics Meeting] 035, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    119. Federico, Giovanni, 2005. "Not Guilty? Agriculture in the 1920s and the Great Depression," The Journal of Economic History, Cambridge University Press, vol. 65(4), pages 949-976, December.
    120. Selahattin Imrohoroglu & Nao Sudo, 2011. "Will a Growth Miracle Reduce Debt in Japan?," IMES Discussion Paper Series 11-E-01, Institute for Monetary and Economic Studies, Bank of Japan.
    121. Aaron Tornell & Frank Westermann & Lorenza Martinez, 2003. "Liberalization, Growth, and Financial Crises: Lessons from Mexico and the Developing World," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 34(2), pages 1-112.
    122. Roberto Ellery Júnior & Mirta N. S. Bugarin & Victor Gomes & Arilton Teixeira, 2004. "Investment and Capital Accumulation in Brazil from 1970 to 2000: A Neoclassical View," Working papers - Textos para Discussao do Departamento de Economia da Universidade de Brasilia 316, Departamento de Economia da Universidade de Brasilia.
    123. T. Libert, 2017. "Misallocation Before, During and After the Great Recession," Working papers 658, Banque de France.
    124. 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.
    125. Vasilev, Aleksandar, 2016. "On the cost of opportunistic behavior in the public sector: A General-Equilibrium approach," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics.
    126. Juan Carlos Conesa & Timothy J. Kehoe, 2017. "Gambling for redemption and self-fulfilling debt crises," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 64(4), pages 707-740, December.
    127. Betts, Caroline, 2021. "Accounting for Japan's Lost Score," MPRA Paper 109285, University Library of Munich, Germany.
    128. Betts, Caroline, 2021. "How many (more) lost decades? The great productivity slowdown in Japan," MPRA Paper 106503, University Library of Munich, Germany.
    129. Margarida Duarte & Diego Restuccia, 2006. "The productivity of nations," Economic Quarterly, Federal Reserve Bank of Richmond, vol. 92(Sum), pages 195-223.
    130. Ellen R. McGrattan, 2010. "Capital taxation during the U.S. Great Depression," Working Papers 670, Federal Reserve Bank of Minneapolis.
    131. Felipe Meza & Erwan Quintin, 2005. "Financial crises and total factor productivity," Center for Latin America Working Papers 0105, Federal Reserve Bank of Dallas.
    132. Timothy J. Kehoe & Kim J. Ruhl, 2010. "Why Have Economic Reforms in Mexico Not Generated Growth?," Journal of Economic Literature, American Economic Association, vol. 48(4), pages 1005-1027, December.
    133. Kaiji Chen, 2013. "The Role of Allocative Efficiency in A Decade of Recovery," 2013 Meeting Papers 886, Society for Economic Dynamics.
    134. Perez Caldentey, Esteban & Pineda, Ramon, 2010. "Does Latin America lag behind due to shaper recessions and/or slower recoveries?," MPRA Paper 25036, University Library of Munich, Germany.
    135. Robert M. Townsend & Hyeok Jeong, 2004. "Discovering the Sources of TFP Growth: Occupation Choice, Capital Heterogeneity, and Financial Deepening," Econometric Society 2004 North American Summer Meetings 405, Econometric Society.
    136. Gogos, Stylianos G. & Mylonidis, Nikolaos & Papageorgiou, Dimitris & Vassilatos, Vanghelis, 2014. "1979–2001: A Greek great depression through the lens of neoclassical growth theory," Economic Modelling, Elsevier, vol. 36(C), pages 316-331.
    137. Keiichiro Kobayashi, 2006. "Payment uncertainty, the division of labor, and productivity declines in great depressions," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 9(4), pages 715-741, October.
    138. Dwyer, Gerald P. & Lothian, James R., 2012. "International and historical dimensions of the financial crisis of 2007 and 2008," Journal of International Money and Finance, Elsevier, vol. 31(1), pages 1-9.
    139. Francois Gourio, 2012. "Disaster Risk and Business Cycles," American Economic Review, American Economic Association, vol. 102(6), pages 2734-2766, October.
    140. Pham Sy An & Chu Minh Hoi & Tran Thi Kim Chi, 2016. "Economic Growth and Macroeconomic Stability of Vietnam," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 4, pages 135-144.
    141. Facundo Albornoz & Marco Ercolani, 2007. "Learning by Exporting: Do Firm Characteristics Matter? Evidence from Argentinian Panel Data," Discussion Papers 07-17, Department of Economics, University of Birmingham.
    142. Frensch, Richard & Gaucaite Wittich, Vitalija, 2009. "Product variety and technical change," Journal of Development Economics, Elsevier, vol. 88(2), pages 242-257, March.
    143. Bernard C. Beaudreau, 2017. "Electrification, the Smoot-Hawley Tariff Act and the Decline in Investment Expenditure in 1931–1932: Testing the Excess-Capacity Hypothesis," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 23(3), pages 295-308, August.
    144. Xiaodong Zhu, 2012. "Understanding China's Growth: Past, Present, and Future," Journal of Economic Perspectives, American Economic Association, vol. 26(4), pages 103-124, Fall.
    145. Solomou, Solomos & Shimazaki, Masao, 2007. "Japanese episodic long swings in economic growth," Explorations in Economic History, Elsevier, vol. 44(2), pages 224-241, April.
    146. Edward C. Prescott, 2003. "Non-Convexities in Quantitative General Equilibrium Studies of Business Cycles," Levine's Working Paper Archive 506439000000000372, David K. Levine.
    147. Christian A. Belabed, 2016. "Inequality and the New Deal," IMK Working Paper 166-2016, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
    148. Carlos Gustavo Machicado Salas, 2018. "De Las Causas Próximas A Las Causas Profundas Del Crecimiento Económico De Bolivia Entre 1950 Y 2015," Development Research Working Paper Series 09/2018, Institute for Advanced Development Studies.
    149. Yngve Abrahamsen & Roland Aeppli & Erdal Atukeren & Michael Graff & Christian Müller & Bernd Schips, 2005. "The Swiss Disease: Facts and Artefacts, A Reply to Kehoe and Prescott," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 8(3), pages 749-758, July.
    150. Victor Gomes & Arilton Teixeira & Benjamin Bridgman, 2008. "The Threat of Competition Enhances Productivity," 2008 Meeting Papers 302, Society for Economic Dynamics.
    151. Marcello Estevão & Tiago Severo, 2014. "Shocks, financial dependence and efficiency: Evidence from U.S. and Canadian industries," Canadian Journal of Economics, Canadian Economics Association, vol. 47(2), pages 442-465, May.
    152. Yoshiyasu Ono, 2015. "Growth, Secular Stagnation and Wealth Preference," ISER Discussion Paper 0946, Institute of Social and Economic Research, Osaka University.
    153. Gilles Dufrénot & Valérie Mignon & Théo Naccache, 2012. "Testing Catching-Up Between The Developing Countries: “Growth Resistance” And Sometimes “Growth Tragedy”," Bulletin of Economic Research, Wiley Blackwell, vol. 64(4), pages 470-508, October.
    154. Roberto Ellery Jr. & Victor Gomes, 2014. "Fiscal Policy, Supply Shocks and Economic Expansion in Brazil from 2003 to 2007," Brazilian Business Review, Fucape Business School, vol. 11(3), pages 53-75, June.
    155. Robert W. Dimand, 2012. "The Roots of the Present are in the Past: The Relation of Postwar Developments in Macroeconomics to Interwar Business Cycle and Monetary Theory," Chapters, in: Thomas Cate (ed.), Keynes’s General Theory, chapter 5, Edward Elgar Publishing.
    156. Domenico Gatti & Edoardo Gaffeo & Mauro Gallegati, 2010. "Complex agent-based macroeconomics: a manifesto for a new paradigm," Journal of Economic Interaction and Coordination, Springer;Society for Economic Science with Heterogeneous Interacting Agents, vol. 5(2), pages 111-135, December.
    157. Kydland, Finn E., 2004. "Quantitative Aggregate Theory," Nobel Prize in Economics documents 2004-4, Nobel Prize Committee.
    158. Sophia P. Dimelis & Sotiris K. Papaioannou, 2016. "Entry Regulation, Public Ownership and TFP Growth: Industry-Level Evidence from South European Countries," Manchester School, University of Manchester, vol. 84(6), pages 749-770, December.
    159. Robert J. Barro, 2005. "Rare Events and the Equity Premium," NBER Working Papers 11310, National Bureau of Economic Research, Inc.
    160. Timothy Kehoe & Edward C. Prescott, 2007. "EconomicDynamics Interviews Timothy Kehoe and Edward Prescott on Great Depressions," EconomicDynamics Newsletter, Review of Economic Dynamics, vol. 9(1), November.
    161. Kobayashi, Keiichiro, 2013. "A Theory of Public Debt Overhang," CIS Discussion paper series 589, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University.
    162. Stylianos G. Gogos & Dimitris Papageorgiou & Vanghelis Vassilatos, 2018. "Rent seeking activities and aggregate economic performance - the case of Greece," Working Papers 252, Bank of Greece.
    163. Jalil, Muaz, 2009. "Measuring Switzerland's Productivity Performance (1960-2008)," MPRA Paper 65321, University Library of Munich, Germany.
    164. Jesús Rodríguez López & Mario Solís-García, 2012. "Accounting Spanish business cycles: What can be learned from past recessions?," Working Papers 12.05, Universidad Pablo de Olavide, Department of Economics.
    165. Diego J. Perez, 2015. "Sovereign Debt, Domestic Banks and the Provision of Public Liquidity," Discussion Papers 15-016, Stanford Institute for Economic Policy Research.
    166. Keiichiro Kobayashi & Masaru Inaba, 2006. "Borrowing constraints and protracted recessions," Discussion papers 06011, Research Institute of Economy, Trade and Industry (RIETI).
    167. Michael D. Bordo & John Landon Lane & Angela Redish, 2004. "Good versus Bad Deflation: Lessons from the Gold Standard Era," NBER Working Papers 10329, National Bureau of Economic Research, Inc.
    168. Eduardo L. Giménez & María Montero, 2012. "The Great Depression in Spain," Documentos de trabajo - Analise Economica 0048, IDEGA - Instituto Universitario de Estudios e Desenvolvemento de Galicia.
    169. Papageorgiou, Dimitris, 2012. "Fiscal policy reforms in general equilibrium: The case of Greece," Journal of Macroeconomics, Elsevier, vol. 34(2), pages 504-522.
    170. Nopphawan Photphisutthiphong & Mark Weder, 2016. "Observations on the Australian Business Cycle," Journal of Business Cycle Research, Springer;Centre for International Research on Economic Tendency Surveys (CIRET), vol. 12(2), pages 141-164, December.
    171. Dimitris Papageorgiou, 2009. "Macroeconomic Implications of Alternative Tax Regimes: The Case of Greece," Working Papers 97, Bank of Greece.
    172. Satyajit Chatterjee & Dean Corbae, 2006. "Monetary and financial forces in the Great Depression," Working Papers 06-12, Federal Reserve Bank of Philadelphia.
    173. Timothy J. Kehoe & Kim J. Ruhl, 2005. "Is Switzerland in a Great Depression?," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 8(3), pages 759-775, July.
    174. Galo Nuño & Pedro Tedde & Alessio Moro, 2011. "Money dynamics with multiple banks of issue: evidence from Spain 1856-1874," Working Papers 1119, Banco de España.
    175. Edward C. Prescott, 2002. "Prosperity and Depression," American Economic Review, American Economic Association, vol. 92(2), pages 1-15, May.
    176. Duque, Valentina & Schmitz, Lauren L., 2020. "The Influence of Early-life Economic Shocks on Long-term Outcomes: Evidence from the U.S. Great Depression," Working Papers 2020-11, University of Sydney, School of Economics.
    177. Vasilev, Aleksandar, 2013. "Essays on Real Business Cycle Modeling and the Public Sector," EconStor Theses, ZBW - Leibniz Information Centre for Economics, number 130522, March.
    178. -, 2009. "Economic growth in the Caribbean," Sede Subregional de la CEPAL para el Caribe (Estudios e Investigaciones) 38668, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    179. Gary D. Hansen & Lee E. Ohanian, 2016. "Neoclassical Models in Macroeconomics," NBER Working Papers 22122, National Bureau of Economic Research, Inc.

  42. Raphael Bergoeing & Patrick J. Kehoe & Timothy J. Kehoe & Raimundo Soto, 2002. "Data Appendix to A Decade Lost and Found: Mexico and Chile in the 1980s," Online Appendices bergoeing02, Review of Economic Dynamics.

    Cited by:

    1. Juan Carlos Conesa & Timothy J. Kehoe, 2017. "Productivity, Taxes, and Hours Worked in Spain: 1970-2015," Staff Report 550, Federal Reserve Bank of Minneapolis.
    2. Constanza Martínez Ventura, 2008. "The Effects of Financial Intermediation on Colombian Economic Growth," Revista ESPE - Ensayos Sobre Política Económica, Banco de la República, vol. 26(57), pages 250-280, December.
    3. Daniel Garces Diaz, 2018. "Trade, Productivity and Synchrony in Mexican and United States Manufacturing," 2018 Meeting Papers 41, Society for Economic Dynamics.
    4. Rodrigo A. Cerda & José Tomás Valente, 2022. "The role of capital taxation on the business cycle: the case of Chile, 1960–2019," Economic Change and Restructuring, Springer, vol. 55(1), pages 83-108, February.
    5. Peter Skott & Leopoldo Gomez-Ramirez, 2017. "Credit Constraints and Economic Growth in a Dual Economy," UMASS Amherst Economics Working Papers 2017-13, University of Massachusetts Amherst, Department of Economics.
    6. Timothy Kehoe & Felipe Meza, 2011. "Catch-up Growth Followed by Stagnation: Mexico 1950–2008," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 48(2), pages 227-268.
    7. David Coble & Sebastián Faúndez, 2015. "The Labor Wedge and Business Cycle in Chile," Working Papers Central Bank of Chile 758, Central Bank of Chile.
    8. Andrés Fernández & Ayşe İmrohoroğlu & Cesar E. Tamayo, 2019. "Saving Rates in Latin America: A Neoclassical Perspective," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 67(4), pages 791-823, December.
    9. Raphael Bergoeing & Andrés Hernando & Andrea Repetto, 2005. "Market Reforms and Efficiency Gains in Chile," Documentos de Trabajo 207, Centro de Economía Aplicada, Universidad de Chile.
    10. Samuel de Abreu Pessoa & Fernando A. Veloso & Pedro Cavalcanti Ferreira, 2008. "The Evolution of TFP in Latin America," 2008 Meeting Papers 633, Society for Economic Dynamics.
    11. Aleksandar Zdravkov Vasilev, 2009. "Business cycles in Bulgaria and the Baltic countries: an RBC approach," International Journal of Computational Economics and Econometrics, Inderscience Enterprises Ltd, vol. 1(2), pages 148-170.
    12. Raphael Bergoeing & Patrick J. Kehoe & Timothy J. Kehoe & Raimundo Soto, 2002. "Policy-Driven Productivity in Chile and Mexico in the 1980s and 1990s," Documentos de Trabajo 125, Centro de Economía Aplicada, Universidad de Chile.
    13. Claudia S. Gómez-López & Luis A.Puch, 2008. "Macroeconomic Consequences of International Commodity Price Shocks," Working Papers 2008-27, FEDEA.
    14. Richard Rogerson & Diego Restuccia, 2004. "Policy Distortions and Aggregate Productivity with Heterogeneous Plants," 2004 Meeting Papers 69, Society for Economic Dynamics.
    15. Cristina Arellano & Yan Bai & Gabriel P. Mihalache, 2020. "Deadly Debt Crises: COVID-19 in Emerging Markets," NBER Working Papers 27275, National Bureau of Economic Research, Inc.
    16. Bergoeing, Raphael & Loayza, Norman & Repetto, Andrea, 2004. "Slow recoveries," Journal of Development Economics, Elsevier, vol. 75(2), pages 473-506, December.
    17. Diego Restuccia, 2008. "The Latin American Development Problem," Working Papers tecipa-318, University of Toronto, Department of Economics.
    18. Bety Agnany & Amaia Iza, 2008. "Growth in an oil abundant economy: The case of Venezuela," ThE Papers 08/18, Department of Economic Theory and Economic History of the University of Granada..
    19. Laurence Ales & Pricila Maziero & Pierre Yared, 2012. "A Theory of Political and Economic Cycles," NBER Working Papers 18354, National Bureau of Economic Research, Inc.
    20. Bahadir, Berrak & Gumus, Inci, 2016. "Credit decomposition and business cycles in emerging market economies," Journal of International Economics, Elsevier, vol. 103(C), pages 250-262.
    21. Dimitris Papageorgiou & Stylianos Tsiaras, 2021. "The Greek Great Depression from a neoclassical perspective," Working Papers 286, Bank of Greece.
    22. Emine Boz & C. Bora Durdu & Nan Li, 2015. "Emerging Market Business Cycles: The Role of Labor Market Frictions," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 47(1), pages 31-72, February.
    23. Nan Li & Ceyhun Bora Durdu & Emine Boz, 2010. "Labor Market Search in Emerging Economies," 2010 Meeting Papers 255, Society for Economic Dynamics.
    24. Rodríguez-Castelán, Carlos & López-Calva, Luis Felipe & Barriga-Cabanillas, Oscar, 2023. "Market concentration, trade exposure, and firm productivity in developing countries: Evidence from Mexico," World Development, Elsevier, vol. 165(C).
    25. Aguiar, Mark & Gopinath, Gita, 2007. "Emerging Market Business Cycles: The Cycle is the Trend," Scholarly Articles 11988098, Harvard University Department of Economics.
    26. Julio Cesar Leal Ordonez, 2014. "Tax collection, the informal sector, and productivity," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 17(2), pages 262-286, April.
    27. Murat Ungor, 2016. "Online Appendix to "Productivity Growth and Labor Reallocation: Latin America versus East Asia"," Online Appendices 11-273, Review of Economic Dynamics.
    28. Suparna Chakraborty, 2008. "Indian Economic Growth: Lessons for the Emerging Economies," WIDER Working Paper Series RP2008-67, World Institute for Development Economic Research (UNU-WIDER).
    29. Timothy J. Kehoe, 2003. "What can we learn from the current crisis in Argentina?," Staff Report 318, Federal Reserve Bank of Minneapolis.
    30. Norman Loayza & Pablo Fajnzylber & César Calderón, 2005. "Economic Growth in Latin America and the Caribbean : Stylized Facts, Explanations, and Forecasts," World Bank Publications - Books, The World Bank Group, number 7315, December.
    31. Kehoe, Timothy J. & Ruhl, Kim J., 2009. "Sudden stops, sectoral reallocations, and the real exchange rate," Journal of Development Economics, Elsevier, vol. 89(2), pages 235-249, July.
    32. Heutel, Garth & Kelly, David L., 2013. "Incidence and Environmental Effects of Distortionary Subsidies," UNCG Economics Working Papers 13-5, University of North Carolina at Greensboro, Department of Economics.
    33. Francisco Gallego & Norman Loayza, 2002. "The Golden Period for Growth in Chile: Explanations and Forecasts," Working Papers Central Bank of Chile 146, Central Bank of Chile.
    34. Luis-Gonzalo Llosa, 2014. "How Do Terms of Trade Affect Productivity? The Role of Monopolistic Output Markets," Working Papers 7, Peruvian Economic Association.
    35. Juan Pablo Medina, 2004. "Endogenous Financial Constraints: Persistence and Interest Rate Fluctuations," Working Papers Central Bank of Chile 290, Central Bank of Chile.
    36. Ferreira, Pedro Cavalcanti & Pessôa, Samuel de Abreu & Veloso, Fernando A., 2010. "The evolution of TFP in Latin America: high productivity when distortions were high?," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 699, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    37. Juan Carlos Conesa & Pau S. Pujolas, 2019. "The Canadian productivity stagnation, 20022014," Canadian Journal of Economics, Canadian Economics Association, vol. 52(2), pages 561-583, May.
    38. Agnani, Betty & Iza Padilla, María Amaya, 2005. "Growth in an oil abundant economy: The case of Venezuela," DFAEII Working Papers 1988-088X, University of the Basque Country - Department of Foundations of Economic Analysis II.
    39. López, José Joaquín, 2017. "Financial frictions and productivity: Evidence from Mexico," The Quarterly Review of Economics and Finance, Elsevier, vol. 66(C), pages 294-301.
    40. Kobayashi, Keiichiro, 2007. "Forbearance impedes confidence recovery," Journal of Macroeconomics, Elsevier, vol. 29(1), pages 178-188, March.
    41. Konstantinos Angelopoulos & George Economides & Vangelis Vassilatos, 2008. "Do institutions matter for economic fluctuations? Weak property rights in a business cycle model for Mexico," Working Papers 2008_38, Business School - Economics, University of Glasgow.
    42. Seoane, Hernán D., 2016. "Parameter drifts, misspecification and the real exchange rate in emerging countries," Journal of International Economics, Elsevier, vol. 98(C), pages 204-215.
    43. Guner, Nezih & Ventura, Gustavo & Xu, Daniel Yi, 2007. "Macroeconomic Implications of Size-Dependent Policies," CEPR Discussion Papers 6138, C.E.P.R. Discussion Papers.
    44. Dávila-Ospina, Andrés O., 2023. "Hysteresis From Monetary Policy Mistakes: How Bad Could It Be?," Documentos CEDE 21003, Universidad de los Andes, Facultad de Economía, CEDE.
    45. Kathleen McKiernan, 2021. "Social Security Reform in the Presence of Informality," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 40, pages 228-251, April.
    46. Rud, Juan Pablo, 2017. "Bankruptcy Choice with Endogenous Financial Constraints," IDB Publications (Working Papers) 8368, Inter-American Development Bank.
    47. Rómulo A. Chumacero & Klaus Schmidt-Hebbel, 2005. "General Equilibrium Models: An Overview," Central Banking, Analysis, and Economic Policies Book Series, in: Rómulo A. Chumacero & Klaus Schmidt-Hebbel & Norman Loayza (Series Editor) & Klaus Schmidt-Hebbel (S (ed.),General Equilibrium Models for the Chilean Economy, edition 1, volume 9, chapter 1, pages 001-027, Central Bank of Chile.
    48. Raphael Bergoeing & Felipe Morandé & Facundo Piguillem, 2003. "Labor Market Distortions, Employment and Growth: The Recent Chilean Experience," Working Papers Central Bank of Chile 251, Central Bank of Chile.
    49. Diego Restuccia, 2013. "The Latin American Development Problem: An Interpretation," Economía Journal, The Latin American and Caribbean Economic Association - LACEA, vol. 0(Spring 20), pages 69-108, January.
    50. Deniz Cicek & Ceyhun Elgin, 2010. "Not-Quite-Great Depressions of Turkey: A Quantitative Analysis of Economic Growth over 1968 - 2004," Working Papers 2010/07, Bogazici University, Department of Economics.
    51. Hahn, Chin-hee & Lim, Youngjae, 2002. "Post-Crisis Growth and Bankruptcy Policy Reform in Korea: Empirical Evidence," KDI Policy Studies 2002-01, Korea Development Institute (KDI).
    52. Rómulo A. Chumacero & J. Rodrigo Fuentes, 2002. "On the determinants of the Chilean Economic Growth," Working Papers Central Bank of Chile 134, Central Bank of Chile.
    53. Max Gillman & Michal Kejak & Michal Pakos, 2014. "Learning about Rare Disasters: Implications for Consumptions and Asset Prices," CEU Working Papers 2014_2, Department of Economics, Central European University.
    54. Santiago Herrera & Hoda Selim & Hoda Youssef & Chahir Zaki, 2011. "Egypt beyond the Crisis: Medium-Term Challenges for Sustained Growth," Working Papers 625, Economic Research Forum, revised 09 Jan 2011.
    55. Anurag K. Agarwal & Abhiman Das & Joshy Jacob & Sanket Mohapatra, 2020. "Introduction to the Special Issue on ‘Financial Distress, Bankruptcy, and Corporate Finance’," Vikalpa: The Journal for Decision Makers, , vol. 45(2), pages 61-68, June.
    56. Dooyeon Cho & Antonio Doblas-Madrid, 2013. "Business Cycle Accounting East and West: Asian Finance and the Investment Wedge," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 16(4), pages 724-744, October.
    57. Cardenete, Manuel Alejandro & Delgado, M. Carmen, 2015. "A simulation of impact of withdrawal European funds on Andalusian economy using a dynamic CGE model: 2014–20," Economic Modelling, Elsevier, vol. 45(C), pages 83-92.
    58. Thanh Cong Nguyen & Vítor Castro & Justine Wood, 2022. "Political economy of financial crisis duration," Public Choice, Springer, vol. 192(3), pages 309-330, September.
    59. Kaiji Chen & Alfonso Irarrazabal, 2014. "Online Appendix to "The Role of Allocative Efficiency in a Decade of Recovery"," Online Appendices 13-61, Review of Economic Dynamics.
    60. Timothy J. Kehoe & Felipe Meza, 2011. "Catch-up Growth Followed by Stagnation: Mexico, 1950-2010," NBER Working Papers 17700, National Bureau of Economic Research, Inc.
    61. Lucas Navarro & Raimundo Soto, 2001. "Procyclical productivity : evidence from an emerging economy," Working Papers Central Bank of Chile 109, Central Bank of Chile.
    62. Stephen G Cecchetti & Finn E Kydland & Jaime Caruana & Zeti Akhtar Aziz & Thomas Jordan & Glenn Stevens, 2013. "Navigating the Great Recession: what role for monetary policy?," BIS Papers, Bank for International Settlements, number 74.
    63. Jahangir Aziz, 2008. "Deconstructing China’s and India’s Growth - The Role of Financial Policies," Macroeconomics Working Papers 22142, East Asian Bureau of Economic Research.
    64. Sina T. Ates & Felipe Saffie, 2016. "Fewer but Better : Sudden Stops, Firm Entry, and Financial Selection," International Finance Discussion Papers 1187, Board of Governors of the Federal Reserve System (U.S.).
    65. Felipe Meza, 2008. "Financial Crisis, Fiscal Policy, and the 1995 GDP Contraction in Mexico," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 40(6), pages 1239-1261, September.
    66. Bartz, Sherry & Kelly, David L., 2008. "Economic growth and the environment: Theory and facts," Resource and Energy Economics, Elsevier, vol. 30(2), pages 115-149, May.
    67. Roberto Duncan, 2003. "Floating, Official Dollarization, and Macroeconomic Volatility:An Analysis for the Chilean Economy," Working Papers Central Bank of Chile 249, Central Bank of Chile.
    68. Timothy J. Kehoe & Kim J. Ruhl, 2009. "How important is the new goods margin in international trade?," Staff Report 324, Federal Reserve Bank of Minneapolis.
    69. Gopalakrishnan, Balagopal & Mohapatra, Sanket, 2019. "Insolvency Regimes and Firms' Default Risk Under Economic Uncertainty and Shocks," MPRA Paper 96283, University Library of Munich, Germany.
    70. Moisa Altar & Ciprian Necula & Gabriel Bobeica, 2009. "A Robust Assessment of the Romanian Business Cycle," Advances in Economic and Financial Research - DOFIN Working Paper Series 28, Bucharest University of Economics, Center for Advanced Research in Finance and Banking - CARFIB.
    71. Roberto Duncan, 2005. "How Well Does a Monetary Dynamics Equilibrium Model Account for Chilean Data?," Central Banking, Analysis, and Economic Policies Book Series, in: Rómulo A. Chumacero & Klaus Schmidt-Hebbel & Norman Loayza (Series Editor) & Klaus Schmidt-Hebbel (S (ed.),General Equilibrium Models for the Chilean Economy, edition 1, volume 9, chapter 6, pages 189-220, Central Bank of Chile.
    72. Hernando Zuleta & Orlando Gracia, 2004. "The Free Trade Agreement between Colombia and USA: What can happen to Colombia?," Investigación Económica en Colombia 3594, Fundación Pondo.
    73. Debasis Bandyopadhyay, 2004. "Why haven't economic reforms increased productivity growth in New Zealand?," New Zealand Economic Papers, Taylor & Francis Journals, vol. 38(2), pages 219-240.
    74. António Antunes & Tiago Cavalcanti & Anne Villamil, 2010. "Intermediation Costs and Welfare," Centre for Growth and Business Cycle Research Discussion Paper Series 142, Economics, The University of Manchester.
    75. Sangeeta Pratap & Carlos Urrutia, 2010. "Financial Frictions and Total Factor Productivity: Accounting for the Real Effects of Financial Crises," Economics Working Paper Archive at Hunter College 429, Hunter College Department of Economics.
    76. Aaron Tornell & Frank Westermann & Lorenza Martinez, 2003. "Liberalization, Growth, and Financial Crises: Lessons from Mexico and the Developing World," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 34(2), pages 1-112.
    77. 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.
    78. Berrak Bahadir & Inci Gumus, 2021. "Transmission of Household and Business Credit Shocks in Emerging Markets: The Role of Real Estate," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 49(S2), pages 587-617, September.
    79. Timothy J. Kehoe & Kim J. Ruhl, 2010. "Why Have Economic Reforms in Mexico Not Generated Growth?," Journal of Economic Literature, American Economic Association, vol. 48(4), pages 1005-1027, December.
    80. Kaiji Chen, 2013. "The Role of Allocative Efficiency in A Decade of Recovery," 2013 Meeting Papers 886, Society for Economic Dynamics.
    81. Gogos, Stylianos G. & Mylonidis, Nikolaos & Papageorgiou, Dimitris & Vassilatos, Vanghelis, 2014. "1979–2001: A Greek great depression through the lens of neoclassical growth theory," Economic Modelling, Elsevier, vol. 36(C), pages 316-331.
    82. Garth Heutel & David L. Kelly, 2016. "Incidence, Environmental, and Welfare Effects of Distortionary Subsidies," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 3(2), pages 361-415.
    83. Soohyung Lee & Benjamin A. Malin, 2009. "Education's role in China's structural transformation," Finance and Economics Discussion Series 2009-41, Board of Governors of the Federal Reserve System (U.S.).
    84. Gordon H. Hanson, 2010. "Why Isn't Mexico Rich?," Journal of Economic Literature, American Economic Association, vol. 48(4), pages 987-1004, December.
    85. Rodrigo Garcá-Verdú, 2005. "Factor Shares from Household Survey Data," DEGIT Conference Papers c010_057, DEGIT, Dynamics, Economic Growth, and International Trade.
    86. Aghion, Edouard, 2011. "NAFTA and its Impact on Mexico," MPRA Paper 36529, University Library of Munich, Germany.
    87. Norman Loayza & Raimundo Soto, 2002. "The Sources of Economic Growth: An Overview," Central Banking, Analysis, and Economic Policies Book Series, in: Norman Loayza & Raimundo Soto & Norman Loayza (Series Editor) & Klaus Schmidt-Hebbel (Series Editor) (ed.),Economic Growth: Sources, Trends, and Cycles, edition 1, volume 6, chapter 1, pages 001-040, Central Bank of Chile.
    88. María del Carmen Delgado López & Manuel Alejandro Cardenete Flores & María del Carmen Lima Díaz, 2012. "Economic Impact on Andalusian Economy of European Funds using a Dynamic Computable General Equilibrium Model: 2014-2020," ERSA conference papers ersa12p16, European Regional Science Association.
    89. Jean-Philippe Cotis & Jonathan Coppel, 2005. "Business Cycle Dynamics in OECD Countries: Evidence, Causes and Policy Implications," RBA Annual Conference Volume (Discontinued), in: Christopher Kent & David Norman (ed.),The Changing Nature of the Business Cycle, Reserve Bank of Australia.
    90. Vittorio Corbo & José Tessada, 2005. "Response to External and Inflation Schoks in a Small Open Economy," Central Banking, Analysis, and Economic Policies Book Series, in: Rómulo A. Chumacero & Klaus Schmidt-Hebbel & Norman Loayza (Series Editor) & Klaus Schmidt-Hebbel (S (ed.),General Equilibrium Models for the Chilean Economy, edition 1, volume 9, chapter 2, pages 029-056, Central Bank of Chile.
    91. Lucas Navarro & Raimundo Soto, 2006. "Procyclical Productivity in Manufacturing," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 43(127), pages 193-220.
    92. Ali Arbia, 2013. "Templates for Trade: Change, Persistence and Path Dependence in U. S. and EU Preferential Trade Agreements," KFG Working Papers p0051, Free University Berlin.
    93. Converse, Nathan, 2018. "Uncertainty, capital flows, and maturity mismatch," Journal of International Money and Finance, Elsevier, vol. 88(C), pages 260-275.
    94. Miguel Angel Santos, 2015. "The Right Fit for the Wrong Reasons: Real Business Cycle in an Oil-Dependent Economy," CID Working Papers 64, Center for International Development at Harvard University.
    95. Barseghyan, Levon & Jaimovich, Nir, 2004. "Undercapitalized Banks, Uncertain Government Policies, and Declines in Total Factor Productivity," Working Papers 04-05, Cornell University, Center for Analytic Economics.
    96. Miguel Angel, 2023. "Differences in the labor market by gender and aggregate income," Sobre México. Revista de Economía, Sobre México. Temas en economía, vol. 1(7), pages 84-114.
    97. López, José Joaquín, 2017. "A quantitative theory of tax evasion," Journal of Macroeconomics, Elsevier, vol. 53(C), pages 107-126.
    98. Cristian Espinosa & Jorge Fornero, 2014. "Welfare Analysis of an Optimal Carbon Tax in Chile," Revista de Analisis Economico – Economic Analysis Review, Universidad Alberto Hurtado/School of Economics and Business, vol. 29(2), pages 75-111, October.
    99. Andre Varella Mollick & Rene Cabral Torres, 2007. "Productivity Effects on Mexican Manufacturing Employment before and after NAFTA," CID Working Papers 152, Center for International Development at Harvard University.
    100. Freije, Samuel & Lopez-Acevedo, Gladys & Rodriguez-Oreggia, Eduardo, 2011. "Effects of the 2008-09 economic crisis on labor markets in Mexico," Policy Research Working Paper Series 5840, The World Bank.
    101. Ronald Fischer, 2008. "Economic performance, creditor protection and labor inflexibility," Documentos de Trabajo 250, Centro de Economía Aplicada, Universidad de Chile.
    102. Stylianos G. Gogos & Dimitris Papageorgiou & Vanghelis Vassilatos, 2018. "Rent seeking activities and aggregate economic performance - the case of Greece," Working Papers 252, Bank of Greece.
    103. Daniel Ventosa‐Santaulària & Luis G. Hernández‐Román & Alejandro Villagómez Amezcua, 2021. "Recessions and potential GDP: The case of Mexico," Bulletin of Economic Research, Wiley Blackwell, vol. 73(2), pages 179-195, April.
    104. Liaila Tajibaeva, 2012. "Property Rights, Renewable Resources and Economic Development," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 51(1), pages 23-41, January.
    105. Max Gillman & Michal Kejak & Michal Pakos, 2014. "Learning about Disaster Risk: Joint Implications for Consumption and Asset Prices," CERGE-EI Working Papers wp507, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
    106. Rodolfo E. Manuelli & Ananth Seshadri, 2010. "East Asia vs. Latin America: TFP and Human Capital Policies," Working Papers 2011-010, Human Capital and Economic Opportunity Working Group.
    107. David Greenstreet, 2007. "Exploiting Sequential Learning to Estimate Establishment-Level Productivity Dynamics and Decision Rules," Economics Series Working Papers 345, University of Oxford, Department of Economics.
    108. Guner, Nezih & Ventura, Gustavo & Yi, Xu, 2006. "How costly are restrictions on size?," Japan and the World Economy, Elsevier, vol. 18(3), pages 302-320, August.

  43. Raphael Bergoeing & Patrick J. Kehoe & Timothy J. Kehoe & Raimundo Soto, 2002. "Policy-Driven Productivity in Chile and Mexico in the 1980s and 1990s," Documentos de Trabajo 125, Centro de Economía Aplicada, Universidad de Chile.

    Cited by:

    1. Raphael Bergoeing & Andrés Hernando & Andrea Repetto, 2005. "Market Reforms and Efficiency Gains in Chile," Documentos de Trabajo 207, Centro de Economía Aplicada, Universidad de Chile.
    2. Maria Bas & Ivan Ledezma, 2010. "Trade integration and within-plant productivity evolution in Chile," Post-Print hal-00562714, HAL.
    3. Flávia Mourão Graminho, 2006. "A Neoclassical Analysis of the Brazilian "Lost-Decades"," Working Papers Series 123, Central Bank of Brazil, Research Department.
    4. Rita Almeida & Ana M. Fernandes, 2013. "Explaining local manufacturing growth in Chile: the advantages of sectoral diversity," Applied Economics, Taylor & Francis Journals, vol. 45(16), pages 2201-2213, June.
    5. E. Mamatzakis & M. Tsionas, 2018. "Revisiting the returns of public infrastructure in Mexico: A limited information local likelihood estimation," Post-Print hal-01992480, HAL.
    6. Konstantinos Angelopoulos & George Economides & Vangelis Vassilatos, 2008. "Do institutions matter for economic fluctuations? Weak property rights in a business cycle model for Mexico," Working Papers 2008_38, Business School - Economics, University of Glasgow.
    7. George Economides & Dimitris Papageorgiou & Apostolis Philippopoulos, 2017. "The Greek great depression:a general equilibrium study of its drivers," Working Papers 234, Bank of Greece.
    8. Maria Bas & Ivan Ledezma, 2010. "Trade integration and within-plant productivity evolution in Chile," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 146(1), pages 113-146, April.
    9. George Economides & Dimitris Papageorgiou & Apostolis Philippopoulos, 2017. "The driving forces of the current Greek great depression," Working Papers 201703, Athens University Of Economics and Business, Department of Economics.
    10. Raphael Bergoeing & Facundo Piguillem, 2003. "Innovaciones en productividad y dinámica de plantas," Revista de Analisis Economico – Economic Analysis Review, Universidad Alberto Hurtado/School of Economics and Business, vol. 18(2), pages 3-32, December.
    11. Muñoz Saavedra, Ercio, 2009. "Reformas Estructurales y Productividad Total de Factores [Structural Reforms and Total Factor Productivity]," MPRA Paper 37362, University Library of Munich, Germany.
    12. Sakai, Koji & Uesugi, Iichiro & Watanabe, Tsutomu, 2010. "Firm age and the evolution of borrowing costs: Evidence from Japanese small firms," Journal of Banking & Finance, Elsevier, vol. 34(8), pages 1970-1981, August.
    13. Rodrigo Garcá-Verdú, 2005. "Factor Shares from Household Survey Data," DEGIT Conference Papers c010_057, DEGIT, Dynamics, Economic Growth, and International Trade.

  44. Raphael Bergoeing & Timothy J. Kehoe, 2001. "Trade Theory and Trade Facts," Documentos de Trabajo 109, Centro de Economía Aplicada, Universidad de Chile.

    Cited by:

    1. Yoshinori Kurokawa, 2011. "Variety-skill complementarity: a simple resolution of the trade-wage inequality anomaly," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 46(2), pages 297-325, February.
    2. Arnim, Rudi von & Taylor, Lance, 2007. "World Bank CGE Macroeconomics and the Doha Debate," Conference papers 331649, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    3. Raphael Bergoeing & Tim Kehoe & Vanessa Strauss-Kahn & Kei-Mu Yi, 2004. "Why is Manufacturing Trade Rising Even as Manufacturing Output is Falling?," Documentos de Trabajo 178, Centro de Economía Aplicada, Universidad de Chile.
    4. Benjamin Bridgman, 2008. "Energy Prices and the Expansion of World Trade," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 11(4), pages 904-916, October.
    5. Dalton, John, 2013. "A Theory of Just-in-Time and the Growth in Manufacturing Trade," MPRA Paper 48223, University Library of Munich, Germany.
    6. Robert Zymek, 2012. "Factor Proportions and the Growth of World Trade," Edinburgh School of Economics Discussion Paper Series 226, Edinburgh School of Economics, University of Edinburgh.
    7. Wu, Po-Chin & Liu, Shiao-Yen & Pan, Sheng-Chieh, 2013. "Nonlinear bilateral trade balance-fundamentals nexus: A panel smooth transition regression approach," International Review of Economics & Finance, Elsevier, vol. 27(C), pages 318-329.
    8. Kehoe, Timothy J., 2002. "An Evaluation of the Performance of Applied General Equilibrium Models of the Impact of NAFTA," Conference papers 331066, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    9. Cunat, Alejandro & Maffezzoli, Marco, 2005. "Can comparative advantage explain the growth of US trade?," LSE Research Online Documents on Economics 19919, London School of Economics and Political Science, LSE Library.
    10. Philip U. Sauré, 2009. "Bounded Love of Variety and Patterns of Trade," Working Papers 2009-10, Swiss National Bank.
    11. Tianshu Chu & Thomas J. Prusa, 2005. "The Reasons For And The Impact Of Antidumping Protection: The Case Of People'S Republic Of China," World Scientific Book Chapters, in: Philippa Dee & Michael Ferrantino (ed.), Quantitative Methods For Assessing The Effects Of Non-Tariff Measures And Trade Facilitation, chapter 16, pages 411-433, World Scientific Publishing Co. Pte. Ltd..
    12. Benjamin Bridgman, 2010. "The Rise of Vertical Specialization Trade," BEA Working Papers 0051, Bureau of Economic Analysis.
    13. Marta Arespa, 2011. "Macroeconomics of extensive margins: a simple model," Working Papers XREAP2011-19, Xarxa de Referència en Economia Aplicada (XREAP), revised Nov 2011.
    14. Kei-Mu Yi, 2003. "Can Vertical Specialization Explain the Growth of World Trade?," Journal of Political Economy, University of Chicago Press, vol. 111(1), pages 52-102, February.
    15. Cunha, Alexandre & Teixeira, Arilton, 2004. "The Impacts of Trade Blocks and Tax Reforms on the Brazilian Economy," Revista Brasileira de Economia - RBE, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil), vol. 58(3), July.
    16. Atolia, Manoj & Yoshinori, Kurokawa, 2008. "Variety Trade and Skill Premium in a Calibrated General Equilibrium Model: The Case of Mexico," MPRA Paper 13698, University Library of Munich, Germany.
    17. Mariko Klasing & Petros Milionis & Robert Zymek, 2015. "Gravity across Space and Time," Edinburgh School of Economics Discussion Paper Series 265, Edinburgh School of Economics, University of Edinburgh.
    18. Armando Garcia Pires, 2012. "International trade and competitiveness," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 50(3), pages 727-763, August.
    19. Michael P. Keane & Susan E. Feinberg, 2006. "Accounting for the Growth of MNC-Based Trade Using a Structural Model of U.S. MNCs," American Economic Review, American Economic Association, vol. 96(5), pages 1515-1558, December.
    20. Chen, Hogan & Kondratowicz, Matthew & Yi, Kei-Mu, 2005. "Vertical specialization and three facts about U.S. international trade," The North American Journal of Economics and Finance, Elsevier, vol. 16(1), pages 35-59, March.
    21. Brandon Malloy, 2021. "Decomposing episodes of large growth in international trade," Review of International Economics, Wiley Blackwell, vol. 29(2), pages 228-267, May.
    22. Marjit, Sugata & Ray, Moushakhi, 2017. "Export profitability, competition and technology," International Review of Economics & Finance, Elsevier, vol. 47(C), pages 35-45.
    23. Le Duc Niem & Taegi Kim, 2009. "Economic Development and Trade of Quality Differentiated Goods," Korean Economic Review, Korean Economic Association, vol. 25, pages 367-385.
    24. Alejandro Cuñat & Marco Maffezzoli, "undated". "Trade Integration and Growth," Working Papers 220, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.

  45. Raphael Bergoeing & Patrick J. Kehoe & Raimundo Soto, 2001. "A Decade Lost and Found: Mexico and Chile in the 1980s," Working Papers Central Bank of Chile 107, Central Bank of Chile.

    Cited by:

    1. Juan Carlos Conesa & Timothy J. Kehoe, 2017. "Productivity, Taxes, and Hours Worked in Spain: 1970-2015," Staff Report 550, Federal Reserve Bank of Minneapolis.
    2. Constanza Martínez Ventura, 2008. "The Effects of Financial Intermediation on Colombian Economic Growth," Revista ESPE - Ensayos Sobre Política Económica, Banco de la República, vol. 26(57), pages 250-280, December.
    3. Daniel Garces Diaz, 2018. "Trade, Productivity and Synchrony in Mexican and United States Manufacturing," 2018 Meeting Papers 41, Society for Economic Dynamics.
    4. Rodrigo A. Cerda & José Tomás Valente, 2022. "The role of capital taxation on the business cycle: the case of Chile, 1960–2019," Economic Change and Restructuring, Springer, vol. 55(1), pages 83-108, February.
    5. Timothy Kehoe & Felipe Meza, 2011. "Catch-up Growth Followed by Stagnation: Mexico 1950–2008," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 48(2), pages 227-268.
    6. Peter Skott & Leopoldo Gomez-Ramirez, 2017. "Credit Constraints and Economic Growth in a Dual Economy," UMASS Amherst Economics Working Papers 2017-13, University of Massachusetts Amherst, Department of Economics.
    7. David Coble & Sebastián Faúndez, 2015. "The Labor Wedge and Business Cycle in Chile," Working Papers Central Bank of Chile 758, Central Bank of Chile.
    8. Andrés Fernández & Ayşe İmrohoroğlu & Cesar E. Tamayo, 2019. "Saving Rates in Latin America: A Neoclassical Perspective," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 67(4), pages 791-823, December.
    9. Raphael Bergoeing & Andrés Hernando & Andrea Repetto, 2005. "Market Reforms and Efficiency Gains in Chile," Documentos de Trabajo 207, Centro de Economía Aplicada, Universidad de Chile.
    10. Samuel de Abreu Pessoa & Fernando A. Veloso & Pedro Cavalcanti Ferreira, 2008. "The Evolution of TFP in Latin America," 2008 Meeting Papers 633, Society for Economic Dynamics.
    11. Aleksandar Zdravkov Vasilev, 2009. "Business cycles in Bulgaria and the Baltic countries: an RBC approach," International Journal of Computational Economics and Econometrics, Inderscience Enterprises Ltd, vol. 1(2), pages 148-170.
    12. Raphael Bergoeing & Patrick J. Kehoe & Timothy J. Kehoe & Raimundo Soto, 2002. "Policy-Driven Productivity in Chile and Mexico in the 1980s and 1990s," Documentos de Trabajo 125, Centro de Economía Aplicada, Universidad de Chile.
    13. Claudia S. Gómez-López & Luis A.Puch, 2008. "Macroeconomic Consequences of International Commodity Price Shocks," Working Papers 2008-27, FEDEA.
    14. Richard Rogerson & Diego Restuccia, 2004. "Policy Distortions and Aggregate Productivity with Heterogeneous Plants," 2004 Meeting Papers 69, Society for Economic Dynamics.
    15. Cristina Arellano & Yan Bai & Gabriel P. Mihalache, 2020. "Deadly Debt Crises: COVID-19 in Emerging Markets," NBER Working Papers 27275, National Bureau of Economic Research, Inc.
    16. Bergoeing, Raphael & Loayza, Norman & Repetto, Andrea, 2004. "Slow recoveries," Journal of Development Economics, Elsevier, vol. 75(2), pages 473-506, December.
    17. Diego Restuccia, 2008. "The Latin American Development Problem," Working Papers tecipa-318, University of Toronto, Department of Economics.
    18. Bety Agnany & Amaia Iza, 2008. "Growth in an oil abundant economy: The case of Venezuela," ThE Papers 08/18, Department of Economic Theory and Economic History of the University of Granada..
    19. Laurence Ales & Pricila Maziero & Pierre Yared, 2012. "A Theory of Political and Economic Cycles," NBER Working Papers 18354, National Bureau of Economic Research, Inc.
    20. Bahadir, Berrak & Gumus, Inci, 2016. "Credit decomposition and business cycles in emerging market economies," Journal of International Economics, Elsevier, vol. 103(C), pages 250-262.
    21. Dimitris Papageorgiou & Stylianos Tsiaras, 2021. "The Greek Great Depression from a neoclassical perspective," Working Papers 286, Bank of Greece.
    22. Emine Boz & C. Bora Durdu & Nan Li, 2015. "Emerging Market Business Cycles: The Role of Labor Market Frictions," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 47(1), pages 31-72, February.
    23. Nan Li & Ceyhun Bora Durdu & Emine Boz, 2010. "Labor Market Search in Emerging Economies," 2010 Meeting Papers 255, Society for Economic Dynamics.
    24. Rodríguez-Castelán, Carlos & López-Calva, Luis Felipe & Barriga-Cabanillas, Oscar, 2023. "Market concentration, trade exposure, and firm productivity in developing countries: Evidence from Mexico," World Development, Elsevier, vol. 165(C).
    25. Aguiar, Mark & Gopinath, Gita, 2007. "Emerging Market Business Cycles: The Cycle is the Trend," Scholarly Articles 11988098, Harvard University Department of Economics.
    26. Julio Cesar Leal Ordonez, 2014. "Tax collection, the informal sector, and productivity," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 17(2), pages 262-286, April.
    27. Murat Ungor, 2016. "Online Appendix to "Productivity Growth and Labor Reallocation: Latin America versus East Asia"," Online Appendices 11-273, Review of Economic Dynamics.
    28. Suparna Chakraborty, 2008. "Indian Economic Growth: Lessons for the Emerging Economies," WIDER Working Paper Series RP2008-67, World Institute for Development Economic Research (UNU-WIDER).
    29. Timothy J. Kehoe, 2003. "What can we learn from the current crisis in Argentina?," Staff Report 318, Federal Reserve Bank of Minneapolis.
    30. Norman Loayza & Pablo Fajnzylber & César Calderón, 2005. "Economic Growth in Latin America and the Caribbean : Stylized Facts, Explanations, and Forecasts," World Bank Publications - Books, The World Bank Group, number 7315, December.
    31. Kehoe, Timothy J. & Ruhl, Kim J., 2009. "Sudden stops, sectoral reallocations, and the real exchange rate," Journal of Development Economics, Elsevier, vol. 89(2), pages 235-249, July.
    32. Heutel, Garth & Kelly, David L., 2013. "Incidence and Environmental Effects of Distortionary Subsidies," UNCG Economics Working Papers 13-5, University of North Carolina at Greensboro, Department of Economics.
    33. Francisco Gallego & Norman Loayza, 2002. "The Golden Period for Growth in Chile: Explanations and Forecasts," Working Papers Central Bank of Chile 146, Central Bank of Chile.
    34. Luis-Gonzalo Llosa, 2014. "How Do Terms of Trade Affect Productivity? The Role of Monopolistic Output Markets," Working Papers 7, Peruvian Economic Association.
    35. Juan Pablo Medina, 2004. "Endogenous Financial Constraints: Persistence and Interest Rate Fluctuations," Working Papers Central Bank of Chile 290, Central Bank of Chile.
    36. Ferreira, Pedro Cavalcanti & Pessôa, Samuel de Abreu & Veloso, Fernando A., 2010. "The evolution of TFP in Latin America: high productivity when distortions were high?," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 699, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    37. Juan Carlos Conesa & Pau S. Pujolas, 2019. "The Canadian productivity stagnation, 20022014," Canadian Journal of Economics, Canadian Economics Association, vol. 52(2), pages 561-583, May.
    38. Agnani, Betty & Iza Padilla, María Amaya, 2005. "Growth in an oil abundant economy: The case of Venezuela," DFAEII Working Papers 1988-088X, University of the Basque Country - Department of Foundations of Economic Analysis II.
    39. López, José Joaquín, 2017. "Financial frictions and productivity: Evidence from Mexico," The Quarterly Review of Economics and Finance, Elsevier, vol. 66(C), pages 294-301.
    40. Kobayashi, Keiichiro, 2007. "Forbearance impedes confidence recovery," Journal of Macroeconomics, Elsevier, vol. 29(1), pages 178-188, March.
    41. Konstantinos Angelopoulos & George Economides & Vangelis Vassilatos, 2008. "Do institutions matter for economic fluctuations? Weak property rights in a business cycle model for Mexico," Working Papers 2008_38, Business School - Economics, University of Glasgow.
    42. Seoane, Hernán D., 2016. "Parameter drifts, misspecification and the real exchange rate in emerging countries," Journal of International Economics, Elsevier, vol. 98(C), pages 204-215.
    43. Guner, Nezih & Ventura, Gustavo & Xu, Daniel Yi, 2007. "Macroeconomic Implications of Size-Dependent Policies," CEPR Discussion Papers 6138, C.E.P.R. Discussion Papers.
    44. Dávila-Ospina, Andrés O., 2023. "Hysteresis From Monetary Policy Mistakes: How Bad Could It Be?," Documentos CEDE 21003, Universidad de los Andes, Facultad de Economía, CEDE.
    45. Kathleen McKiernan, 2021. "Social Security Reform in the Presence of Informality," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 40, pages 228-251, April.
    46. Rud, Juan Pablo, 2017. "Bankruptcy Choice with Endogenous Financial Constraints," IDB Publications (Working Papers) 8368, Inter-American Development Bank.
    47. Rómulo A. Chumacero & Klaus Schmidt-Hebbel, 2005. "General Equilibrium Models: An Overview," Central Banking, Analysis, and Economic Policies Book Series, in: Rómulo A. Chumacero & Klaus Schmidt-Hebbel & Norman Loayza (Series Editor) & Klaus Schmidt-Hebbel (S (ed.),General Equilibrium Models for the Chilean Economy, edition 1, volume 9, chapter 1, pages 001-027, Central Bank of Chile.
    48. Raphael Bergoeing & Felipe Morandé & Facundo Piguillem, 2003. "Labor Market Distortions, Employment and Growth: The Recent Chilean Experience," Working Papers Central Bank of Chile 251, Central Bank of Chile.
    49. Diego Restuccia, 2013. "The Latin American Development Problem: An Interpretation," Economía Journal, The Latin American and Caribbean Economic Association - LACEA, vol. 0(Spring 20), pages 69-108, January.
    50. Deniz Cicek & Ceyhun Elgin, 2010. "Not-Quite-Great Depressions of Turkey: A Quantitative Analysis of Economic Growth over 1968 - 2004," Working Papers 2010/07, Bogazici University, Department of Economics.
    51. Hahn, Chin-hee & Lim, Youngjae, 2002. "Post-Crisis Growth and Bankruptcy Policy Reform in Korea: Empirical Evidence," KDI Policy Studies 2002-01, Korea Development Institute (KDI).
    52. Rómulo A. Chumacero & J. Rodrigo Fuentes, 2002. "On the determinants of the Chilean Economic Growth," Working Papers Central Bank of Chile 134, Central Bank of Chile.
    53. Max Gillman & Michal Kejak & Michal Pakos, 2014. "Learning about Rare Disasters: Implications for Consumptions and Asset Prices," CEU Working Papers 2014_2, Department of Economics, Central European University.
    54. Santiago Herrera & Hoda Selim & Hoda Youssef & Chahir Zaki, 2011. "Egypt beyond the Crisis: Medium-Term Challenges for Sustained Growth," Working Papers 625, Economic Research Forum, revised 09 Jan 2011.
    55. Anurag K. Agarwal & Abhiman Das & Joshy Jacob & Sanket Mohapatra, 2020. "Introduction to the Special Issue on ‘Financial Distress, Bankruptcy, and Corporate Finance’," Vikalpa: The Journal for Decision Makers, , vol. 45(2), pages 61-68, June.
    56. Dooyeon Cho & Antonio Doblas-Madrid, 2013. "Business Cycle Accounting East and West: Asian Finance and the Investment Wedge," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 16(4), pages 724-744, October.
    57. Cardenete, Manuel Alejandro & Delgado, M. Carmen, 2015. "A simulation of impact of withdrawal European funds on Andalusian economy using a dynamic CGE model: 2014–20," Economic Modelling, Elsevier, vol. 45(C), pages 83-92.
    58. Thanh Cong Nguyen & Vítor Castro & Justine Wood, 2022. "Political economy of financial crisis duration," Public Choice, Springer, vol. 192(3), pages 309-330, September.
    59. Kaiji Chen & Alfonso Irarrazabal, 2014. "Online Appendix to "The Role of Allocative Efficiency in a Decade of Recovery"," Online Appendices 13-61, Review of Economic Dynamics.
    60. Timothy J. Kehoe & Felipe Meza, 2011. "Catch-up Growth Followed by Stagnation: Mexico, 1950-2010," NBER Working Papers 17700, National Bureau of Economic Research, Inc.
    61. Lucas Navarro & Raimundo Soto, 2001. "Procyclical productivity : evidence from an emerging economy," Working Papers Central Bank of Chile 109, Central Bank of Chile.
    62. Stephen G Cecchetti & Finn E Kydland & Jaime Caruana & Zeti Akhtar Aziz & Thomas Jordan & Glenn Stevens, 2013. "Navigating the Great Recession: what role for monetary policy?," BIS Papers, Bank for International Settlements, number 74.
    63. Jahangir Aziz, 2008. "Deconstructing China’s and India’s Growth - The Role of Financial Policies," Macroeconomics Working Papers 22142, East Asian Bureau of Economic Research.
    64. Sina T. Ates & Felipe Saffie, 2016. "Fewer but Better : Sudden Stops, Firm Entry, and Financial Selection," International Finance Discussion Papers 1187, Board of Governors of the Federal Reserve System (U.S.).
    65. Felipe Meza, 2008. "Financial Crisis, Fiscal Policy, and the 1995 GDP Contraction in Mexico," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 40(6), pages 1239-1261, September.
    66. Bartz, Sherry & Kelly, David L., 2008. "Economic growth and the environment: Theory and facts," Resource and Energy Economics, Elsevier, vol. 30(2), pages 115-149, May.
    67. Roberto Duncan, 2003. "Floating, Official Dollarization, and Macroeconomic Volatility:An Analysis for the Chilean Economy," Working Papers Central Bank of Chile 249, Central Bank of Chile.
    68. Timothy J. Kehoe & Kim J. Ruhl, 2009. "How important is the new goods margin in international trade?," Staff Report 324, Federal Reserve Bank of Minneapolis.
    69. Gopalakrishnan, Balagopal & Mohapatra, Sanket, 2019. "Insolvency Regimes and Firms' Default Risk Under Economic Uncertainty and Shocks," MPRA Paper 96283, University Library of Munich, Germany.
    70. Moisa Altar & Ciprian Necula & Gabriel Bobeica, 2009. "A Robust Assessment of the Romanian Business Cycle," Advances in Economic and Financial Research - DOFIN Working Paper Series 28, Bucharest University of Economics, Center for Advanced Research in Finance and Banking - CARFIB.
    71. Roberto Duncan, 2005. "How Well Does a Monetary Dynamics Equilibrium Model Account for Chilean Data?," Central Banking, Analysis, and Economic Policies Book Series, in: Rómulo A. Chumacero & Klaus Schmidt-Hebbel & Norman Loayza (Series Editor) & Klaus Schmidt-Hebbel (S (ed.),General Equilibrium Models for the Chilean Economy, edition 1, volume 9, chapter 6, pages 189-220, Central Bank of Chile.
    72. Hernando Zuleta & Orlando Gracia, 2004. "The Free Trade Agreement between Colombia and USA: What can happen to Colombia?," Investigación Económica en Colombia 3594, Fundación Pondo.
    73. Debasis Bandyopadhyay, 2004. "Why haven't economic reforms increased productivity growth in New Zealand?," New Zealand Economic Papers, Taylor & Francis Journals, vol. 38(2), pages 219-240.
    74. António Antunes & Tiago Cavalcanti & Anne Villamil, 2010. "Intermediation Costs and Welfare," Centre for Growth and Business Cycle Research Discussion Paper Series 142, Economics, The University of Manchester.
    75. Sangeeta Pratap & Carlos Urrutia, 2010. "Financial Frictions and Total Factor Productivity: Accounting for the Real Effects of Financial Crises," Economics Working Paper Archive at Hunter College 429, Hunter College Department of Economics.
    76. Aaron Tornell & Frank Westermann & Lorenza Martinez, 2003. "Liberalization, Growth, and Financial Crises: Lessons from Mexico and the Developing World," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 34(2), pages 1-112.
    77. 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.
    78. Berrak Bahadir & Inci Gumus, 2021. "Transmission of Household and Business Credit Shocks in Emerging Markets: The Role of Real Estate," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 49(S2), pages 587-617, September.
    79. Timothy J. Kehoe & Kim J. Ruhl, 2010. "Why Have Economic Reforms in Mexico Not Generated Growth?," Journal of Economic Literature, American Economic Association, vol. 48(4), pages 1005-1027, December.
    80. Kaiji Chen, 2013. "The Role of Allocative Efficiency in A Decade of Recovery," 2013 Meeting Papers 886, Society for Economic Dynamics.
    81. Gogos, Stylianos G. & Mylonidis, Nikolaos & Papageorgiou, Dimitris & Vassilatos, Vanghelis, 2014. "1979–2001: A Greek great depression through the lens of neoclassical growth theory," Economic Modelling, Elsevier, vol. 36(C), pages 316-331.
    82. Garth Heutel & David L. Kelly, 2016. "Incidence, Environmental, and Welfare Effects of Distortionary Subsidies," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 3(2), pages 361-415.
    83. Soohyung Lee & Benjamin A. Malin, 2009. "Education's role in China's structural transformation," Finance and Economics Discussion Series 2009-41, Board of Governors of the Federal Reserve System (U.S.).
    84. Gordon H. Hanson, 2010. "Why Isn't Mexico Rich?," Journal of Economic Literature, American Economic Association, vol. 48(4), pages 987-1004, December.
    85. Rodrigo Garcá-Verdú, 2005. "Factor Shares from Household Survey Data," DEGIT Conference Papers c010_057, DEGIT, Dynamics, Economic Growth, and International Trade.
    86. Aghion, Edouard, 2011. "NAFTA and its Impact on Mexico," MPRA Paper 36529, University Library of Munich, Germany.
    87. Norman Loayza & Raimundo Soto, 2002. "The Sources of Economic Growth: An Overview," Central Banking, Analysis, and Economic Policies Book Series, in: Norman Loayza & Raimundo Soto & Norman Loayza (Series Editor) & Klaus Schmidt-Hebbel (Series Editor) (ed.),Economic Growth: Sources, Trends, and Cycles, edition 1, volume 6, chapter 1, pages 001-040, Central Bank of Chile.
    88. María del Carmen Delgado López & Manuel Alejandro Cardenete Flores & María del Carmen Lima Díaz, 2012. "Economic Impact on Andalusian Economy of European Funds using a Dynamic Computable General Equilibrium Model: 2014-2020," ERSA conference papers ersa12p16, European Regional Science Association.
    89. Jean-Philippe Cotis & Jonathan Coppel, 2005. "Business Cycle Dynamics in OECD Countries: Evidence, Causes and Policy Implications," RBA Annual Conference Volume (Discontinued), in: Christopher Kent & David Norman (ed.),The Changing Nature of the Business Cycle, Reserve Bank of Australia.
    90. Vittorio Corbo & José Tessada, 2005. "Response to External and Inflation Schoks in a Small Open Economy," Central Banking, Analysis, and Economic Policies Book Series, in: Rómulo A. Chumacero & Klaus Schmidt-Hebbel & Norman Loayza (Series Editor) & Klaus Schmidt-Hebbel (S (ed.),General Equilibrium Models for the Chilean Economy, edition 1, volume 9, chapter 2, pages 029-056, Central Bank of Chile.
    91. Lucas Navarro & Raimundo Soto, 2006. "Procyclical Productivity in Manufacturing," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 43(127), pages 193-220.
    92. Ali Arbia, 2013. "Templates for Trade: Change, Persistence and Path Dependence in U. S. and EU Preferential Trade Agreements," KFG Working Papers p0051, Free University Berlin.
    93. Converse, Nathan, 2018. "Uncertainty, capital flows, and maturity mismatch," Journal of International Money and Finance, Elsevier, vol. 88(C), pages 260-275.
    94. Miguel Angel Santos, 2015. "The Right Fit for the Wrong Reasons: Real Business Cycle in an Oil-Dependent Economy," CID Working Papers 64, Center for International Development at Harvard University.
    95. Barseghyan, Levon & Jaimovich, Nir, 2004. "Undercapitalized Banks, Uncertain Government Policies, and Declines in Total Factor Productivity," Working Papers 04-05, Cornell University, Center for Analytic Economics.
    96. Miguel Angel, 2023. "Differences in the labor market by gender and aggregate income," Sobre México. Revista de Economía, Sobre México. Temas en economía, vol. 1(7), pages 84-114.
    97. López, José Joaquín, 2017. "A quantitative theory of tax evasion," Journal of Macroeconomics, Elsevier, vol. 53(C), pages 107-126.
    98. Cristian Espinosa & Jorge Fornero, 2014. "Welfare Analysis of an Optimal Carbon Tax in Chile," Revista de Analisis Economico – Economic Analysis Review, Universidad Alberto Hurtado/School of Economics and Business, vol. 29(2), pages 75-111, October.
    99. Andre Varella Mollick & Rene Cabral Torres, 2007. "Productivity Effects on Mexican Manufacturing Employment before and after NAFTA," CID Working Papers 152, Center for International Development at Harvard University.
    100. Freije, Samuel & Lopez-Acevedo, Gladys & Rodriguez-Oreggia, Eduardo, 2011. "Effects of the 2008-09 economic crisis on labor markets in Mexico," Policy Research Working Paper Series 5840, The World Bank.
    101. Ronald Fischer, 2008. "Economic performance, creditor protection and labor inflexibility," Documentos de Trabajo 250, Centro de Economía Aplicada, Universidad de Chile.
    102. Stylianos G. Gogos & Dimitris Papageorgiou & Vanghelis Vassilatos, 2018. "Rent seeking activities and aggregate economic performance - the case of Greece," Working Papers 252, Bank of Greece.
    103. Daniel Ventosa‐Santaulària & Luis G. Hernández‐Román & Alejandro Villagómez Amezcua, 2021. "Recessions and potential GDP: The case of Mexico," Bulletin of Economic Research, Wiley Blackwell, vol. 73(2), pages 179-195, April.
    104. Liaila Tajibaeva, 2012. "Property Rights, Renewable Resources and Economic Development," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 51(1), pages 23-41, January.
    105. Max Gillman & Michal Kejak & Michal Pakos, 2014. "Learning about Disaster Risk: Joint Implications for Consumption and Asset Prices," CERGE-EI Working Papers wp507, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
    106. Rodolfo E. Manuelli & Ananth Seshadri, 2010. "East Asia vs. Latin America: TFP and Human Capital Policies," Working Papers 2011-010, Human Capital and Economic Opportunity Working Group.
    107. David Greenstreet, 2007. "Exploiting Sequential Learning to Estimate Establishment-Level Productivity Dynamics and Decision Rules," Economics Series Working Papers 345, University of Oxford, Department of Economics.
    108. Guner, Nezih & Ventura, Gustavo & Yi, Xu, 2006. "How costly are restrictions on size?," Japan and the World Economy, Elsevier, vol. 18(3), pages 302-320, August.

  46. Timothy J. Kehoe & David K. Levine, 2000. "Liquidity Constrained vs. Debt Constrained Markets," Levine's Working Paper Archive 14, David K. Levine.

    Cited by:

    1. Xavier Ragot, 2005. "The real effect of inflation in liquidity constrained models," Working Papers halshs-00590556, HAL.
    2. Yann Algan & Xavier Ragot, 2010. "Monetary Policy with Heterogeneous Agents and Borrowing Constraints," Sciences Po publications info:hdl:2441/3ao9avev669, Sciences Po.
    3. Yann Algan & Xavier Ragot, 2006. "Monetary Policy with Heterogeneous Agents and Credit Constraints," Computing in Economics and Finance 2006 292, Society for Computational Economics.
    4. Andrei A. Levchenko, 2005. "Financial Liberalization and Consumption Volatility in Developing Countries," IMF Staff Papers, Palgrave Macmillan, vol. 52(2), pages 237-259, September.
    5. Burcu Duygan-Bump & Charles Grant, 2008. "Household debt repayment behaviour: what role do institutions play?," Supervisory Research and Analysis Working Papers QAU08-3, Federal Reserve Bank of Boston.
    6. Patrick J. Kehoe & Fabrizio Perri, 2000. "International Business Cycles with Endogenous Incomplete Markets," NBER Working Papers 7870, National Bureau of Economic Research, Inc.
    7. GOTTARDI, Piero & KUBLER, Felix, 2012. "Dynamic Competitive Economies with Complete Markets and Collateral Constraints," Economics Working Papers ECO2012/17, European University Institute.
    8. Pamela Labadie, 2007. "Anonymity and Individual Risk," 2007 Meeting Papers 637, Society for Economic Dynamics.

  47. Timothy J. Kehoe & David K. Levine & Edward Prescott, 2000. "Lotteries, Sunspots and Incentive Constraints," Levine's Working Paper Archive 1974, David K. Levine.

    Cited by:

    1. Hanno Lustig, 2001. "The Market Price of Aggregate Risk and the Wealth Distribution," Finance 0111004, University Library of Munich, Germany, revised 16 Nov 2001.
    2. David K. Levine, 2010. "Production Chains," NBER Working Papers 16571, National Bureau of Economic Research, Inc.
    3. Bennardo, Alberto & Piccolo, Salvatore, 2005. "Competitive Markets with Endogenous Health Risks," CEPR Discussion Papers 5385, C.E.P.R. Discussion Papers.
    4. Aldo Rustichini & Paolo Siconolfi, 2008. "General equilibrium in economies with adverse selection," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 37(1), pages 1-29, October.
    5. Belen Jerez, 2000. "General Equilibrium with Asymmetric Information: A Dual Approach," Econometric Society World Congress 2000 Contributed Papers 1497, Econometric Society.
    6. Luttmer, Erzo G.J. & Mariotti, Thomas, 2004. "Efficiency and Equilibrium when Preferences are Time-Inconsistent," IDEI Working Papers 335, Institut d'Économie Industrielle (IDEI), Toulouse.
    7. Andrea Attar & Thomas Mariotti & François Salanié, 2022. "Competitive nonlinear pricing under adverse selection," Working Papers hal-03629592, HAL.
    8. Kokonas, Nikolaos & Monteiro, Paulo Santos, 2021. "Aggregation in economies with search frictions," Journal of Mathematical Economics, Elsevier, vol. 96(C).
    9. Belen Jerez, 2005. "Incentive Compatibility and Pricing under Moral Hazard," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 8(1), pages 28-47, January.
    10. Edward C. Prescott, 2006. "Nobel Lecture: The Transformation of Macroeconomic Policy and Research," Journal of Political Economy, University of Chicago Press, vol. 114(2), pages 203-235, April.
    11. Beck, T.H.L. & Pamuk, H. & Uras, R.B. & Ramrattan, R., 2015. "Mobile Money, Trade Credit and Economic Development : Theory and Evidence," Other publications TiSEM 0d645e56-41b8-4f4b-976a-4, Tilburg University, School of Economics and Management.
    12. Nikolaos Kokonas & Paulo Santos Monteiro, 2023. "Self-fulfilling labor wedge fluctuations and unemployment insurance," Discussion Papers 2313, Centre for Macroeconomics (CFM).
    13. Alberto Bisin & Piero Gottardi, 1998. "Competitive Equilibria with Asymmetric Information," Levine's Working Paper Archive 2062, David K. Levine.
    14. Beck, Thorsten & Pamuk, Haki & Ramrattan, Ravindra & Uras, Burak R., 2018. "Payment instruments, finance and development," Journal of Development Economics, Elsevier, vol. 133(C), pages 162-186.
    15. Laurence Ales & Pricila Maziero, 2008. "Accounting for private information," Working Papers 663, Federal Reserve Bank of Minneapolis.
    16. Thorsten Beck & Ravindra Ramrattan & Haki Pamuk & Burak R. Uras, 2016. "Payment Instruments, Enforceability and Development: Evidence from Mobile Money Technology," 2016 Meeting Papers 198, Society for Economic Dynamics.
    17. Prescott, Edward & Shell, Karl, 2002. "Introduction to Sunspots and Lotteries," Working Papers 02-08, Cornell University, Center for Analytic Economics.
    18. Beardon, Alan F. & Rowat, Colin, 2013. "Efficient sets are small," Journal of Mathematical Economics, Elsevier, vol. 49(5), pages 367-374.
    19. Alberto Bisin & John Geanakoplos & Piero Gottardi & Enrico Minelli & Heracles Polemarchakis, 2009. "Markets and Contracts," Working Papers 0915, University of Brescia, Department of Economics.
    20. Jerez, Belen, 2003. "A dual characterization of incentive efficiency," Journal of Economic Theory, Elsevier, vol. 112(1), pages 1-34, September.
    21. Garratt, Rod & Keister, Todd & Shell, Karl, 2002. "Comparing Sunspot Equilibrium and Lottery Equilibrium Allocations: The Finite Case," Working Papers 02-07, Cornell University, Center for Analytic Economics.
    22. Rocheteau, Guillaume & Rupert, Peter & Shell, Karl & Wright, Randall, 2008. "General equilibrium with nonconvexities and money," Journal of Economic Theory, Elsevier, vol. 142(1), pages 294-317, September.
    23. Paolo Siconolfi & Aldo Rustichini, 2012. "Economies with Observable Types," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 15(1), pages 57-71, January.
    24. Alberto Bisin & Piero Gottardi, 2006. "Efficient Competitive Equilibria with Adverse Selection," Journal of Political Economy, University of Chicago Press, vol. 114(3), pages 485-516, June.
    25. Alberto Bisin & Piero Gottardi, 2003. "Competitive Markets for Non-Exclusive Contracts with Adverse Selection: the Role of Entry Fees," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 6(2), pages 313-338, April.
    26. Alberto Bennardo & Salvatore Piccolo, 2005. "Competitive occupational choices with endogenous health risks," Levine's Working Paper Archive 784828000000000199, David K. Levine.
    27. Edward C. Prescott, 2003. "Non-Convexities in Quantitative General Equilibrium Studies of Business Cycles," Levine's Working Paper Archive 506439000000000372, David K. Levine.
    28. Borys Grochulski, 2008. "Limits to redistribution and intertemporal wedges : implications of Pareto optimality with private information," Economic Quarterly, Federal Reserve Bank of Richmond, vol. 94(Spr), pages 173-196.
    29. Nikolaos Kokonas & Paulo Santos Monteiro, 2020. "The Ins and Outs of Unemployment in General Equilibrium," Discussion Papers 2014, Centre for Macroeconomics (CFM).
    30. Alex Citanna & Paolo Siconolfi, 2020. "Constrained Efficient Markets For Manipulation Economies," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 61(4), pages 1531-1567, November.

  48. Harold L. Cole & Timothy J. Kehoe, 1998. "Self-Fulfilling Debt Crises," Levine's Working Paper Archive 114, David K. Levine.

    Cited by:

    1. Cuadra Gabriel & Sapriza Horacio, 2006. "Sovereign Default, Terms of Trade and Interest Rates in Emerging Markets," Working Papers 2006-01, Banco de México.
    2. Aaron Tornell & Frank Westermann & Lorenza Martinez, 2004. "The Positive Link Between Financial Liberalization, Growth and Crises," NBER Working Papers 10293, National Bureau of Economic Research, Inc.
    3. Eidam, Frederik, 2020. "Gap-filling government debt maturity choice," ESRB Working Paper Series 110, European Systemic Risk Board.
    4. Arellano, Cristina & Kocherlakota, Narayana, 2014. "Internal debt crises and sovereign defaults," Journal of Monetary Economics, Elsevier, vol. 68(S), pages 68-80.
    5. ,, 2008. "Debt Maturity without Commitment," CEPR Discussion Papers 7093, C.E.P.R. Discussion Papers.
    6. Javier Bianchi & Juan Carlos Hatchondo & Leonardo Martinez, 2013. "International reserves and rollover risk," Working Paper 13-01, Federal Reserve Bank of Richmond.
    7. Garima Vasishtha, 2007. "Domestic versus External Borrowing and Fiscal Policy in Emerging Markets," Staff Working Papers 07-33, Bank of Canada.
    8. de Bandt, Olivier & Hartmann, Philipp, 2000. "Systemic Risk: A Survey," CEPR Discussion Papers 2634, C.E.P.R. Discussion Papers.
    9. Mr. Damiano Sandri, 2015. "Dealing with Systemic Sovereign Debt Crises: Fiscal Consolidation, Bail-ins or Official Transfers?," IMF Working Papers 2015/223, International Monetary Fund.
    10. Fernando Broner & Guido Lorenzoni & Sergio Schmuckler, 2006. "Why Do Emerging Economies Borrow Short Term?," 2006 Meeting Papers 841, Society for Economic Dynamics.
    11. Yeon-Koo Che & Rajiv Sethi, 2014. "Credit Market Speculation and the Cost of Capital," American Economic Journal: Microeconomics, American Economic Association, vol. 6(4), pages 1-34, November.
    12. Daniel Cohen & Sébastien Villemot, 2015. "Endogenous Debt Crises," PSE-Ecole d'économie de Paris (Postprint) halshs-01204762, HAL.
    13. Candelon, Bertrand & Luisi , Angelo & Roccazzella, Francesco, 2021. "Fragmentation in the European Monetary Union: Is it really over?," LIDAM Discussion Papers LFIN 2021015, Université catholique de Louvain, Louvain Finance (LFIN).
    14. Jorge Alonso-Ortiz & Esteban Colla & José-María Da-Rocha, 2017. "The productivity cost of sovereign default: evidence from the European debt crisis," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 64(4), pages 611-633, December.
    15. Mark Aguiar & Satyajit Chatterjee & Harold Cole & Zachary Stangebye, 2022. "Self-Fulfilling Debt Crises, Revisited," Journal of Political Economy, University of Chicago Press, vol. 130(5), pages 1147-1183.
    16. Zhiguo He & Arvind Krishnamurthy & Konstantin Milbradt, 2016. "A Model of Safe Asset Determination," NBER Working Papers 22271, National Bureau of Economic Research, Inc.
    17. Anna Zabai, 2014. "Managing Default Risk," BIS Working Papers 467, Bank for International Settlements.
    18. Patrick Bolton & Haizhou Huang, 2017. "The Capital Structure of Nations," NBER Working Papers 23612, National Bureau of Economic Research, Inc.
    19. Russell Cooper & Kalin Nikolov, 2013. "Government Debt and Banking Fragility: The Spreading of Strategic Uncertainty," NBER Working Papers 19278, National Bureau of Economic Research, Inc.
    20. Luisa Lambertini, 2001. "Volatility and Sovereign Default," Boston College Working Papers in Economics 577, Boston College Department of Economics.
    21. Michael Stiefel & Rémi Vivès, 2022. "‘Whatever it takes’ to change belief: evidence from Twitter," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 158(3), pages 715-747, August.
    22. Aviad Heifetz & Willemien Kets, 2013. "Robust Multiplicity with a Grain of Naiveté," Discussion Papers 1573, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    23. Lawrence J. Christiano & Martin S. Eichenbaum & Mathias Trabandt, 2018. "On DSGE Models," Journal of Economic Perspectives, American Economic Association, vol. 32(3), pages 113-140, Summer.
    24. Gilles Dufrénot & Carolina Ulloa Suarez, 2019. "Public finance sustainability in Europe: a behavioral model," Working Papers halshs-02356400, HAL.
    25. Marco Bassetto, 2002. "Equilibrium and government commitment," Working Papers 624, Federal Reserve Bank of Minneapolis.
    26. Goldstein, Itay & Razin, Assaf, 2015. "Three Branches of Theories of Financial Crises," Foundations and Trends(R) in Finance, now publishers, vol. 10(2), pages 113-180, 30.
    27. Roberto Chang & Andres Velasco, 1998. "Financial crises in emerging markets: a canonical model," FRB Atlanta Working Paper 98-10, Federal Reserve Bank of Atlanta.
    28. Aloisio Araujo, 2015. "General equilibrium, preferences and financial institutions after the crisis," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 58(2), pages 217-254, February.
    29. Laura Alfaro & Fabio Kanczuk, 2009. "Debt Maturity: Is Long‐Term Debt Optimal?," Review of International Economics, Wiley Blackwell, vol. 17(5), pages 890-905, November.
    30. Karatas, B., 2014. "Financial crisis and monetary policy," Other publications TiSEM 41e463f0-e122-4379-8db5-6, Tilburg University, School of Economics and Management.
    31. Aloisio Araujo & Marcia Leon & Rafael Santos, 2016. "Bargained Haircuts and Debt Policy Implications," Working Papers Series 416, Central Bank of Brazil, Research Department.
    32. Laurissa Mühlich & Barbara Fritz, 2021. "Borrowing Patterns in the Global Financial Safety Net: Does Governance Play a Role?," Global Policy, London School of Economics and Political Science, vol. 12(S4), pages 47-68, May.
    33. Ugo Panizza & Andrew Powell, 2023. "Reducing Public Debt: What Works Best?," IDB Publications (Book Chapters), in: Andrew Powell & Oscar Mauricio Valencia (ed.), Dealing with Debt, edition 1, chapter 9, pages 197-222, Inter-American Development Bank.
    34. Roch, Francisco & Uhlig, Harald, 2018. "The dynamics of sovereign debt crises and bailouts," Journal of International Economics, Elsevier, vol. 114(C), pages 1-13.
    35. Corsetti, Giancarlo & Müller, Gernot & Kuester, Keith & Meier, André, 2013. "Sovereign risk and belief-driven fluctuations in the euro area," CEPR Discussion Papers 9723, C.E.P.R. Discussion Papers.
    36. Manuel Amador & Javier Bianchi, 2021. "Bank Runs, Fragility, and Credit Easing," NBER Working Papers 29397, National Bureau of Economic Research, Inc.
    37. Christian Hellwig, 2002. "Signaling in a Global Game: Coordination and Policy Traps (J.P.E., June 2006)," UCLA Economics Online Papers 209, UCLA Department of Economics.
    38. Matteo Maggiori & Emmanuel Farhi, 2015. "A Model of the International Monetary System," Working Paper 349586, Harvard University OpenScholar.
    39. Cristina Arellano & Enrique Mendoza, 2002. "Fricciones crediticias y 'paradas repentinas' en pequeñas economías abiertas: un marco de equilibrio del ciclo económico para crisis en mercados emergentes," Research Department Publications 4308, Inter-American Development Bank, Research Department.
    40. Christophe Blot & Bruno Ducoudre & Xavier Timbeau, 2016. "Sovereign debt spread and default in a model with self-fulfilling prophecies and asymmetric information," Post-Print hal-03411199, HAL.
    41. Patrick J. Kehoe & Virgiliu Midrigan & Elena Pastorino, 2018. "Evolution of Modern Business Cycle Models: Accounting for the Great Recession," Journal of Economic Perspectives, American Economic Association, vol. 32(3), pages 141-166, Summer.
    42. Persson, Torsten & Tabellini, Guido, 1997. "Political Economics and Macroeconomic Policy," CEPR Discussion Papers 1759, C.E.P.R. Discussion Papers.
    43. Cornand, Camille & Gandré, Pauline & Gimet, Céline, 2016. "Increase in home bias in the Eurozone debt crisis: The role of domestic shocks," Economic Modelling, Elsevier, vol. 53(C), pages 445-469.
    44. Gabriel Cuadra & Juan M. Sanchez & Horacio Sapriza, 2009. "Fiscal policy and default risk in emerging markets," Working Paper 09-01, Federal Reserve Bank of Richmond.
    45. Joao Ayres & Gaston Navarro & Juan Pablo Nicolini & Pedro Teles, 2015. "Sovereign Default: The Role of Expectations," Working Papers 723, Federal Reserve Bank of Minneapolis.
    46. Quadrini, Vincenzo, 2017. "Bank liabilities channel," Journal of Monetary Economics, Elsevier, vol. 89(C), pages 25-44.
    47. Mark Aguiar & Manuel Amador & Emmanuel Farhi & Gita Gopinath, 2013. "Crisis and Commitment: Inflation Credibility and the Vulnerability to Sovereign Debt Crises," NBER Working Papers 19516, National Bureau of Economic Research, Inc.
    48. Filippo Brutti & Philip Sauré, 2012. "Transmission of Sovereign Risk in the Euro Crisis," Working Papers 12.01, Swiss National Bank, Study Center Gerzensee.
    49. Christian Hellwig, 2004. "Self-Fulfilling Currency Crises: The Role of Interest Rates (A.E.R., December 2006)," UCLA Economics Online Papers 338, UCLA Department of Economics.
    50. Iván Werning & George-Marios Angeletos, 2006. "Crises and Prices: Information Aggregation, Multiplicity, and Volatility," American Economic Review, American Economic Association, vol. 96(5), pages 1720-1736, December.
    51. Eduardo Cavallo & Eduardo Fernández Arias, 2023. "Strong External Balance Sheets for Resilient Economies," IDB Publications (Book Chapters), in: Andrew Powell & Oscar Mauricio Valencia (ed.), Dealing with Debt, edition 1, chapter 2, pages 5-36, Inter-American Development Bank.
    52. Christian Bauer & Bernhard Herz & Volker Karb, 2006. "Are twin currency and debt crises special?," Working Papers 019, Bavarian Graduate Program in Economics (BGPE).
    53. Harold L. Cole & Timothy J. Kehoe, 1996. "A self-fulfilling model of Mexico's 1994-95 debt crisis," Staff Report 210, Federal Reserve Bank of Minneapolis.
    54. Stavros A. Zenios & Andrea Consiglio & Marialena Athanasopoulou & Edmund Moshammer & Angel Gavilan & Aitor Erce, 2021. "Risk Management for Sustainable Sovereign Debt Financing," Operations Research, INFORMS, vol. 69(3), pages 755-773, May.
    55. Michal Szkup, 2020. "Online Appendix to "Preventing Self-Fulfilling Debt Crises: A Global Games Approach"," Online Appendices 19-127, Review of Economic Dynamics.
    56. Prokop, Jacek, 2012. "Bargaining over debt rescheduling," MPRA Paper 44315, University Library of Munich, Germany.
    57. V. V. Chari & Patrick J. Kehoe, 2003. "Financial crises as herds: overturning the critiques," Staff Report 316, Federal Reserve Bank of Minneapolis.
    58. Saki Bigio & Galo Nuño & Juan Passadore, 2019. "A framework for debt-maturity management," Working Papers 1919, Banco de España.
    59. Antoine Camous & Dmitry Matveev, 2023. "The Central Bank Strikes Back! Credibility of Monetary Policy under Fiscal Influence," The Economic Journal, Royal Economic Society, vol. 133(649), pages 1-29.
    60. Mr. Marcos d Chamon, 2004. "Can Debt Crises Be Self-Fulfilling?," IMF Working Papers 2004/099, International Monetary Fund.
    61. Guo, Minjie & McDermott, John, 2020. "Sovereign debt and the length of economic depressions," Economic Modelling, Elsevier, vol. 90(C), pages 79-91.
    62. Aguiar, M. & Chatterjee, S. & Cole, H. & Stangebye, Z., 2016. "Quantitative Models of Sovereign Debt Crises," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 1697-1755, Elsevier.
    63. Konrad, Kai A. & Stolper, Tim, 2015. "Coordination and the fight against tax havens," CEPR Discussion Papers 10519, C.E.P.R. Discussion Papers.
    64. Christiano, Lawrence J. & G. Harrison, Sharon, 1999. "Chaos, sunspots and automatic stabilizers," Journal of Monetary Economics, Elsevier, vol. 44(1), pages 3-31, August.
    65. Dallal Bendjellal, 2022. "Sovereign Risk, Financial Fragility and Debt Maturity," Working Papers hal-03792522, HAL.
    66. João Ayres & Anna Gelpern & Andrew Powell, 2023. "Sovereign Debt Restructuring: In Need of a New Approach," IDB Publications (Book Chapters), in: Andrew Powell & Oscar Mauricio Valencia (ed.), Dealing with Debt, edition 1, chapter 10, pages 223-254, Inter-American Development Bank.
    67. Keiichiro Kobayashi & Kozo Ueda, 2017. "Secular Stagnation and Low Interest Rates under the Fear of a Government Debt Crisis," CIGS Working Paper Series 17-012E, The Canon Institute for Global Studies.
    68. Kirsch, Florian & Rühmkorf, Ronald, 2013. "Sovereign Borrowing, Financial Assistance and Debt Repudiation," Bonn Econ Discussion Papers 01/2013, University of Bonn, Bonn Graduate School of Economics (BGSE).
    69. Burcu Eyigungor, 2013. "Debt dilution: when it is a major problem and how to deal with it," Business Review, Federal Reserve Bank of Philadelphia, issue Q4, pages 1-8.
    70. Christopher Phelan, 2001. "On the irrelevance of the maturity structure of government debt without commitment," Staff Report 268, Federal Reserve Bank of Minneapolis.
    71. Díaz, Julián P., 2012. "Can enforcement constraints explain the patterns of capital flows after financial liberalizations?," Journal of International Money and Finance, Elsevier, vol. 31(5), pages 1180-1194.
    72. Ari, Anil, 2018. "Sovereign risk and bank risk-taking," ESRB Working Paper Series 73, European Systemic Risk Board.
    73. Harris Dellas & Dirk Niepelt, 2021. "Austerity," The Economic Journal, Royal Economic Society, vol. 131(634), pages 697-712.
    74. Stephan Luck & Paul Schempp, 2014. "Sovereign Defaults, Bank Runs, and Contagion," Discussion Paper Series of the Max Planck Institute for Research on Collective Goods 2014_15, Max Planck Institute for Research on Collective Goods.
    75. Youngsoo Jang & Soyoung Lee, 2021. "A Generalized Endogenous Grid Method for Default Risk Models," Staff Working Papers 21-11, Bank of Canada.
    76. Harold Cole & Daniel Neuhann & Guillermo Ordonez, 2020. "Information Spillovers in Sovereign Debt Markets," PIER Working Paper Archive 21-011, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    77. François Le Grand & Xavier Ragot, 2017. "Sovereign Default and Liquidity: the Case for a World Safe Asset," SciencePo Working papers Main hal-03471758, HAL.
    78. Jing Cheng & Meixing Dai & Frédéric Dufourt, 2014. "Banking and Sovereign Debt Crises in a Monetary Union Without Central Bank Intervention," AMSE Working Papers 1428, Aix-Marseille School of Economics, France, revised Jun 2014.
    79. Satyajit Chatterjee & Burcu Eyigungor, 2010. "Maturity, indebtedness, and default risk," Working Papers 10-12, Federal Reserve Bank of Philadelphia.
    80. Takatoshi Ito, 2014. "We Are All QE-sians Now," IMES Discussion Paper Series 14-E-07, Institute for Monetary and Economic Studies, Bank of Japan.
    81. Wickens, Michael R. & Polito, Vito, 2013. "Sovereign credit ratings in the European Union: a model-based fiscal analysis," CEPR Discussion Papers 9665, C.E.P.R. Discussion Papers.
    82. Flavia Corneli & Emanuele Tarantino, 2015. "Sovereign debt and reserves with liquidity and productivity crises," Temi di discussione (Economic working papers) 1012, Bank of Italy, Economic Research and International Relations Area.
    83. Juessen, Falko & Schabert, Andreas, 2013. "Fiscal Policy, Sovereign Default, and Bailouts," IZA Discussion Papers 7805, Institute of Labor Economics (IZA).
    84. Saleem A. Bahaj, 2014. "Systemic Sovereign Risk: Macroeconomic Implications in the Euro Area," Working Papers 191, Oesterreichische Nationalbank (Austrian Central Bank).
    85. Hefeker, Carsten, 2007. "Default, Electoral Uncertainty and the Choice of Exchange Regime," Proceedings of the German Development Economics Conference, Göttingen 2007 13, Verein für Socialpolitik, Research Committee Development Economics.
    86. Colacelli, Mariana & Blackburn, David J.H., 2009. "Secondary currency: An empirical analysis," Journal of Monetary Economics, Elsevier, vol. 56(3), pages 295-308, April.
    87. Romei, Federica & de Ferra, Sergio, 2018. "Sovereign Default in a Monetary Union," CEPR Discussion Papers 12976, C.E.P.R. Discussion Papers.
    88. Ennis, Huberto M. & Keister, Todd, 2005. "Government policy and the probability of coordination failures," European Economic Review, Elsevier, vol. 49(4), pages 939-973, May.
    89. Matias Fontenla & Fidel Gonzalez, 2007. "Self-fulfilling and Fundamental Banking Crises: A Multinomial Logit Approach," Economics Bulletin, AccessEcon, vol. 6(17), pages 1-11.
    90. Chanelle Duley & Prasanna Gai, 2020. "When the penny doesn't drop - Macroeconomic tail risk and currency crises," National Institute of Economic and Social Research (NIESR) Discussion Papers 520, National Institute of Economic and Social Research.
    91. Alessandro Dovis & Luigi Bocola, 2015. "Indeterminacy in Sovereign Debt Markets: An Empirical Investigation," 2015 Meeting Papers 694, Society for Economic Dynamics.
    92. Galli, Carlo, 2021. "Self-fulfilling debt crises, fiscal policy and investment," Journal of International Economics, Elsevier, vol. 131(C).
    93. Dirk Niepelt & Harris Dellas, 2013. "Credibility For Sale," 2013 Meeting Papers 12, Society for Economic Dynamics.
    94. Lars Calmfors & Giancarlo Corsetti & John Hassler & Gilles Saint-Paul & Hans-Werner Sinn & Jan-Egbert Sturm & Ákos Valentinyi & Xavier Vives, 2012. "Chapter 2: The European Balance-of-Payments Problem," EEAG Report on the European Economy, CESifo, vol. 0, pages 57-82, February.
    95. V. V. Chari & Lawrence J. Christiano & Martin S. Eichenbaum, 1996. "Expectations, traps and discretion," Working Papers in Applied Economic Theory 96-04, Federal Reserve Bank of San Francisco.
    96. Wang, Alan T. & Yang, Sheng-Yung & Yang, Nien-Tzu, 2013. "Information transmission between sovereign debt CDS and other financial factors – The case of Latin America," The North American Journal of Economics and Finance, Elsevier, vol. 26(C), pages 586-601.
    97. Jose A. Lopez & Kris James Mitchener, 2018. "Uncertainty and Hyperinflation: European Inflation Dynamics after World War I," CESifo Working Paper Series 7066, CESifo.
    98. Joao Ayres & Gaston Navarro & Juan Pablo Nicolini & Pedro Teles, 2019. "Self-Fulfilling Debt Crises with Long Stagnations," Working Papers 757, Federal Reserve Bank of Minneapolis.
    99. Sandra Lizarazo, 2009. "Default Risk and Risk Averse International Investors," Working Papers 0907, Centro de Investigacion Economica, ITAM.
    100. Mehak Ejaz & Kalim Hyder, 2019. "A Fan Chart Approach to Debt Sustainability in Pakistan," Lahore Journal of Economics, Department of Economics, The Lahore School of Economics, vol. 24(2), pages 1-23, July-Dec.
    101. Giancarlo Corsetti & Aitor Erce & Timothy Uy, 2017. "Official Sector Lending Strategies During the Euro Area Crisis," Discussion Papers 1720, Centre for Macroeconomics (CFM).
    102. Chris Edmond, 2013. "Non-Laplacian Beliefs in a Global Game with Noisy Signaling," Department of Economics - Working Papers Series 1171, The University of Melbourne.
    103. Mark Gertler & Nobuhiro Kiyotaki, 2013. "Banking, Liquidity and Bank Runs in an Infinite Horizon Economy," 2013 Meeting Papers 59, Society for Economic Dynamics.
    104. Cuadra Gabriel & Sapriza Horacio, 2006. "Sovereign Default, Interest Rates and Political Uncertainty in Emerging Markets," Working Papers 2006-02, Banco de México.
    105. Raquel Fernández & Alberto Martín, 2015. "The Long and the Short of It: Sovereign Debt Crises and Debt Maturity," Working Papers 818, Barcelona School of Economics.
    106. Daisuke Ikeda & Hidehiko Matsumoto, 2021. "Procyclical Leverage and Crisis Probability in a Macroeconomic Model of Bank Runs," IMES Discussion Paper Series 21-E-01, Institute for Monetary and Economic Studies, Bank of Japan.
    107. Cristina Arellano, 2008. "Default Risk and Income Fluctuations in Emerging Economies," American Economic Review, American Economic Association, vol. 98(3), pages 690-712, June.
    108. Michel Guillard & Hubert Kempf, 2017. "Public Debt Sustainability and Defaults," CESifo Working Paper Series 6554, CESifo.
    109. Michel Aglietta & Xavier Ragot, 2015. "Erosion du tissu productif en France : causes et remèdes," SciencePo Working papers Main hal-03460040, HAL.
    110. Aghion, Philippe & Bacchetta, Philippe & Banerjee, Abhijit, 2004. "A corporate balance-sheet approach to currency crises," Journal of Economic Theory, Elsevier, vol. 119(1), pages 6-30, November.
    111. Pancrazi, Roberto & Seoane, Hernan D & Vukotic, Marija, 2015. "Sovereign Risk, Private Credit, and Stabilization Policies," The Warwick Economics Research Paper Series (TWERPS) 1069, University of Warwick, Department of Economics.
    112. An, Jiyoun & Kim, Kyunghun & Pyun, Ju Hyun, 2021. "Does debt market integration amplify the international transmission of business cycles during financial crises?," Journal of International Money and Finance, Elsevier, vol. 115(C).
    113. Huberto M. Ennis & Todd Keister, 2001. "Optimal policy with probabilistic equilibrium selection," Working Paper 01-03, Federal Reserve Bank of Richmond.
    114. Cristina Arellano & Enrique Mendoza, 2002. "Credit Frictions and 'Sudden Stops' in Small Open Economies: An Equilibrium Business Cycle Framework for Emerging Markets Crises," Research Department Publications 4307, Inter-American Development Bank, Research Department.
    115. Mehrotra, Neil R. & Sergeyev, Dmitriy, 2021. "Debt sustainability in a low interest rate world," Journal of Monetary Economics, Elsevier, vol. 124(S), pages 1-18.
    116. Gersbach, Hans & Rochet, Jean Charles & von Thadden, Ernst-Ludwig, 2022. "Public Debt and the Balance Sheet of the Private Sector," CEPR Discussion Papers 17529, C.E.P.R. Discussion Papers.
    117. Catherine Bruneau & Anne-Laure Delatte & Julien Fouquau, 2012. "Is the European sovereign crisis self-fulfilling ? Empirical evidence about the drivers of market sentiments," Documents de Travail de l'OFCE 2012-22, Observatoire Francais des Conjonctures Economiques (OFCE).
    118. Timothy J. Kehoe, 2003. "What can we learn from the current crisis in Argentina?," Staff Report 318, Federal Reserve Bank of Minneapolis.
    119. Alberto Martin & Jaume Ventura, 2015. "The international transmission of credit bubbles: theory and policy," Economics Working Papers 1465, Department of Economics and Business, Universitat Pompeu Fabra, revised Sep 2015.
    120. Sarkar, Abhirup & Sinha, Abhinandan, 2022. "Clientelism and violence: The politics of informal economy," Economic Modelling, Elsevier, vol. 114(C).
    121. Hintermaier, Thomas & Koeniger, Winfried, 2015. "Household debt and crises of confidence," CFS Working Paper Series 519, Center for Financial Studies (CFS).
    122. Stefan Niemann & Paul Pichler, 2017. "Optimal fiscal policy and sovereign debt crises," Working Papers 218, Oesterreichische Nationalbank (Austrian Central Bank).
    123. Andrew Powell & Oscar Mauricio Valencia, 2023. "The Debt Conundrum," IDB Publications (Book Chapters), in: Andrew Powell & Oscar Mauricio Valencia (ed.), Dealing with Debt, edition 1, chapter 1, pages 1-4, Inter-American Development Bank.
    124. Mihalache, Gabriel, 2020. "Sovereign default resolution through maturity extension," Journal of International Economics, Elsevier, vol. 125(C).
    125. V. V. Chari & Patrick J. Kehoe, 2003. "Hot Money," Levine's Bibliography 506439000000000415, UCLA Department of Economics.
    126. Giuseppe Bertola, 2022. "European Union, Pandemics, and Wars," Annals of the Fondazione Luigi Einaudi. An Interdisciplinary Journal of Economics, History and Political Science, Fondazione Luigi Einaudi, Torino (Italy), vol. 56(1), pages 275-284, June.
    127. Cristina Arellano & Yan Bai, 2013. "Linkages across Sovereign Debt Markets," NBER Working Papers 19548, National Bureau of Economic Research, Inc.
    128. Brendon, Charles & Paustian, Matthias & Yates, Tony, 2020. "Self-fulfilling recessions at the zero lower bound," Journal of Monetary Economics, Elsevier, vol. 115(C), pages 213-232.
    129. M. Ayhan Kose & Franziska Ohnsorge & Naotaka Sugawara, 2020. "Benefits and Costs of Debt: The Dose Makes the Poison," Koç University-TUSIAD Economic Research Forum Working Papers 2006, Koc University-TUSIAD Economic Research Forum.
    130. Fernando Broner & Aitor Erce & Alberto Martin & Jaume Ventura, 2013. "Sovereign Debt Markets in Turbulent Times: Creditor Discrimination and Crowding-Out Effects," NBER Working Papers 19676, National Bureau of Economic Research, Inc.
    131. Christian Hellwig & Arijit Mukherji & Aleh Tsyvinski, 2005. "Self-Fulfilling Currency Crises: The Role of Interest Rates," NBER Working Papers 11191, National Bureau of Economic Research, Inc.
    132. Kehoe, Timothy J. & Ruhl, Kim J., 2009. "Sudden stops, sectoral reallocations, and the real exchange rate," Journal of Development Economics, Elsevier, vol. 89(2), pages 235-249, July.
    133. Galo Nuño & Carlos Thomas, 2015. "Monetary policy and sovereign debt vulnerability," Working Papers 1517, Banco de España.
    134. Daniel Cohen & Richard Portes, 2004. "Dealing with Destabilizing 'Market Discipline'," NBER Working Papers 10533, National Bureau of Economic Research, Inc.
    135. Lagunoff, Roger & Schreft, Stacey L., 2001. "A Model of Financial Fragility," Journal of Economic Theory, Elsevier, vol. 99(1-2), pages 220-264, July.
    136. Illenin Kondo & Sewon Hur, 2011. "A Theory of Optimal Reserves Allocation and Sudden Stops in Emerging Economies," 2011 Meeting Papers 1105, Society for Economic Dynamics.
    137. Andrade, Sandro C. & Kohlscheen, Emanuel, 2010. "Pessimistic Foreign Investors and Turmoil in Emerging Markets : The Case of Brazil in 2002," The Warwick Economics Research Paper Series (TWERPS) 926, University of Warwick, Department of Economics.
    138. Russell Cooper & Antoine Camous, 2016. ""Whatever it takes" is all you need: monetary policy and debt fragility," 2016 Meeting Papers 863, Society for Economic Dynamics.
    139. Philippe Bacchetta & Elena Perazzi & Eric van Wincoop, 2015. "Self-Fulfilling Debt Crises: Can Monetary Policy Really Help?," Cahiers de Recherches Economiques du Département d'économie 15.06, Université de Lausanne, Faculté des HEC, Département d’économie.
    140. Juan Carlos Conesa & Timothy J. Kehoe, 2014. "Is It Too Late to Bail Out the Troubled Countries in the Eurozone?," NBER Working Papers 19909, National Bureau of Economic Research, Inc.
    141. Juan Carlos Hatchondo & Leonardo Martinez, 2013. "Sudden stops, time inconsistency, and the duration of sovereign debt," Working Paper 13-08, Federal Reserve Bank of Richmond.
    142. Marcus Miller, 2021. "Choosing the Narrative: the Shadow Banking Crisis in Light of Covid," Open Economies Review, Springer, vol. 32(2), pages 291-310, April.
    143. Mark Aguiar & Manuel Amador & Emmanuel Farhi & Gita Gopinath, 2014. "Coordination and Crisis in Monetary Unions," NBER Working Papers 20277, National Bureau of Economic Research, Inc.
    144. Edouard Challe & Xavier Ragot, 2011. "Bubbles and Self-Fulfilling Crises," Post-Print halshs-00654655, HAL.
    145. Rochet, Jean-Charles, 2006. "Optimal Sovereign Debt: An Analytical Approach," IDB Publications (Working Papers) 1591, Inter-American Development Bank.
    146. Juan Sanchez & Rodolfo Manuelli, 2016. "Endogenous Debt Maturity: Liquidity Risk vs. Default Risk," 2016 Meeting Papers 1435, Society for Economic Dynamics.
    147. Guido Lorenzoni & Ivan Werning, 2013. "Slow Moving Debt Crises," NBER Working Papers 19228, National Bureau of Economic Research, Inc.
    148. Jean-Marc Fournier & Manuel Bétin, 2018. "Sovereign defaults: Evidence on the importance of government effectiveness," OECD Economics Department Working Papers 1494, OECD Publishing.
    149. Ang, Andrew & Longstaff, Francis A., 2013. "Systemic sovereign credit risk: Lessons from the U.S. and Europe," Journal of Monetary Economics, Elsevier, vol. 60(5), pages 493-510.
    150. Femminis, Gianluca & Ruggerone, Luigi, 2001. "'Crony Capitalism', Bail Outs and Bank Runs," CEPR Discussion Papers 2751, C.E.P.R. Discussion Papers.
    151. Siebert, Jan & Yang, Guanzhong, 2021. "Coordination problems triggered by sunspots in the laboratory," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 94(C).
    152. Gaetano Gaballo & Ramon Marimon, 2016. "Breaking the Spell with Credit-Easing: Self-Confirming Credit Crises in Competitive Search Economies," NBER Working Papers 22006, National Bureau of Economic Research, Inc.
    153. Leandro Andrián & Oscar Mauricio Valencia, 2023. "Past the Tipping Point? Assessing Debt Overhang in Latin America and the Caribbean," IDB Publications (Book Chapters), in: Andrew Powell & Oscar Mauricio Valencia (ed.), Dealing with Debt, edition 1, chapter 8, pages 183-196, Inter-American Development Bank.
    154. Keskinsoy, Bilal, 2017. "Taxi, Takeoff and Landing: Behavioural Patterns of Capital Flows to Emerging Markets," MPRA Paper 78129, University Library of Munich, Germany.
    155. Mislav Brkic, 2021. "Costs and benefits of government borrowing in foreign currency: is it a major source of risk for EU member states outside the Euro?," Public Sector Economics, Institute of Public Finance, vol. 45(1), pages 63-91.
    156. Daniel Cohen & Sébastien Villemot, 2015. "Endogenous Debt Crises," PSE - Labex "OSE-Ouvrir la Science Economique" halshs-01204762, HAL.
    157. Javier Bianchi & Jorge Mondragon, 2018. "Rollover Crises and Currency Unions," 2018 Meeting Papers 1215, Society for Economic Dynamics.
    158. Della Posta, Pompeo, 2021. "Government size and speculative attacks on public debt," International Review of Economics & Finance, Elsevier, vol. 72(C), pages 79-89.
    159. Mr. Philip Barrett, 2018. "Interest-Growth Differentials and Debt Limits in Advanced Economies," IMF Working Papers 2018/082, International Monetary Fund.
    160. Jasmina Arifovic, 2019. "Evolution of sunspot like behavior in the agent based economies of bank runs," Journal of Evolutionary Economics, Springer, vol. 29(1), pages 365-389, March.
    161. Uhlig, H.F.H.V.S., 2002. "One Money, But Many Fiscal Policies in Europe : What are the Consequences?," Discussion Paper 2002-32, Tilburg University, Center for Economic Research.
    162. Luis Catão & Ana Fostel & Romain Ranciere, 2017. "Fiscal Discoveries and Yield Decouplings," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 65(4), pages 704-744, November.
    163. Bruno Biais & Christophe Bisiere & Matthieu Bouvard & Catherine Casamatta, 2017. "The Blockchain Folk Theorem," Swiss Finance Institute Research Paper Series 17-75, Swiss Finance Institute.
    164. Romaine Ranciere & Aaron Tornell & Frank Westermann, 2003. "Crises and Growth: A Re-Evaluation," NBER Working Papers 10073, National Bureau of Economic Research, Inc.
    165. Markus K. Brunnermeier & Lunyang Huang, 2018. "A Global Safe Asset for and from Emerging Market Economies," NBER Working Papers 25373, National Bureau of Economic Research, Inc.
    166. Santos, Rafael Chaves & Araújo, Aloísio Pessoa de & Leon, Márcia Saraiva, 2007. "Speculative attacks, openness and crises," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 654, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    167. Bernardo Guimaraes & Lucas Tumkus, 2020. "On the costs of sovereign default in quantitative models," Discussion Papers 2021, Centre for Macroeconomics (CFM).
    168. Xuewen Liu, 2018. "Diversification and Systemic Bank Runs," 2018 Meeting Papers 739, Society for Economic Dynamics.
    169. Mr. Alessandro Prati & Francesco Drudi, 1999. "Signaling Fiscal Regime Sustainability," IMF Working Papers 1999/086, International Monetary Fund.
    170. Born, Benjamin & Müller, Gernot & Pfeifer, Johannes, 2014. "Does austerity pay off?," VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy 100301, Verein für Socialpolitik / German Economic Association.
    171. Christian Hellwig & Arijit Mukherji, 2005. "Financial Crises and Interest Rates," 2005 Meeting Papers 172, Society for Economic Dynamics.
    172. Ugo Panizza & Federico Sturzenegger & Jeromin Zettelmeyer, 2009. "The Economics and Law of Sovereign Debt and Default," Journal of Economic Literature, American Economic Association, vol. 47(3), pages 651-698, September.
    173. Jean-Marc Fournier, 2019. "A Buffer-Stock Model for the Government: Balancing Stability and Sustainability," IMF Working Papers 2019/159, International Monetary Fund.
    174. Singh, Rajesh & Hasan, Mohammad, 2023. "Sovereign Debt Maturity Structure and Dilution," ISU General Staff Papers 202311011433100000, Iowa State University, Department of Economics.
    175. Szkup, Michal, 2017. "Preventing Self-fulfilling debt crises," MPRA Paper 82754, University Library of Munich, Germany.
    176. Mark Gertler & Nobuhiro Kiyotaki & Andrea Prestipino, 2017. "A Macroeconomic Model with Financial Panics," NBER Working Papers 24126, National Bureau of Economic Research, Inc.
    177. Perez, Diego J., 2017. "Sovereign debt maturity structure under asymmetric information," Journal of International Economics, Elsevier, vol. 108(C), pages 243-259.
    178. María Cecilia Acevedo & Leandro Andrián & Victoria Nuguer & Oscar Mauricio Valencia, 2023. "Understanding the Rise in Debt," IDB Publications (Book Chapters), in: Andrew Powell & Oscar Mauricio Valencia (ed.), Dealing with Debt, edition 1, chapter 4, pages 67-94, Inter-American Development Bank.
    179. Benjamin E. Hermalin & Andrew K. Rose, 1999. "Risks to Lenders and Borrowers in International Capital Markets," NBER Working Papers 6886, National Bureau of Economic Research, Inc.
    180. Alonso-Ortiz, Jorge & Colla, Esteban & Da-Rocha, Jose-Maria, 2014. "Bounding the productivity default shock : Evidence from the The European Sovereign Debt Crisis," MPRA Paper 59617, University Library of Munich, Germany.
    181. Franklin Allen & Douglas Gale, 1999. "Financial Contagion," Levine's Working Paper Archive 2092, David K. Levine.
    182. Joseph A. Whitt, 1996. "The Mexican peso crisis," Economic Review, Federal Reserve Bank of Atlanta, vol. 80(Jan), pages 1-20.
    183. Paula Margaretic & Sebastián Becerra, 2017. "Dispersed Information and Sovereign Risk Premia," Working Papers Central Bank of Chile 808, Central Bank of Chile.
    184. Roberto Piazza, 2014. "Growth and Crisis, Unavoidable Connection?," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 17(4), pages 677-706, October.
    185. Yannick Kalantzis, 2015. "Financial Fragility in Small Open Economies: Firm Balance Sheets and the Sectoral Structure," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 82(3), pages 1194-1222.
    186. Andrew Powell & Oscar Mauricio Valencia, 2023. "The Bottom Line on Debt," IDB Publications (Book Chapters), in: Andrew Powell & Oscar Mauricio Valencia (ed.), Dealing with Debt, edition 1, chapter 13, pages 309-318, Inter-American Development Bank.
    187. Victor Filipe Martins da Rocha & Yiannis Vailakis, 2014. "Self-enforcing Debt, Reputation, and the Role of Interest Rates," Working Papers hal-01097114, HAL.
    188. Yan Bai & Jing Zhang, 2009. "Duration of Sovereign Debt Renegotiation," Working Papers 593, Research Seminar in International Economics, University of Michigan.
    189. Harold L. Cole & Timothy J. Kehoe, 2000. "Self-Fulfilling Debt Crises," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 67(1), pages 91-116.
    190. Giancarlo Corsetti, 2023. "Debt crises, fast and slow Giancarlo," RSCAS Working Papers 2023/15, European University Institute.
    191. Javier Bianchi, 2019. "Monetary Independence and Rollover Crises," 2019 Meeting Papers 1367, Society for Economic Dynamics.
    192. Olivier Jeanne & Romain Rancière, 2011. "The Optimal Level of International Reserves For Emerging Market Countries: A New Formula and Some Applications," Post-Print halshs-00754518, HAL.
    193. Michael Tomz & Mark L. J. Wright, 2013. "Empirical Research on Sovereign Debt and Default," CAMA Working Papers 2013-16, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    194. Eduardo Fernández-Arias, 1996. "Paquetes de rescate de la balanza de pagos: ¿Pueden funcionar o no?," Research Department Publications 4047, Inter-American Development Bank, Research Department.
    195. Arvind Krishnamurthy & Stefan Nagel & Annette Vissing-Jorgensen, 2017. "ECB Policies Involving Government Bond Purchases: Impact and Channels," NBER Working Papers 23985, National Bureau of Economic Research, Inc.
    196. van der Kwaak, C.G.F. & van Wijnbergen, S.J.G., 2014. "Financial fragility, sovereign default risk and the limits to commercial bank bail-outs," Journal of Economic Dynamics and Control, Elsevier, vol. 43(C), pages 218-240.
    197. Harold Cole & Daniel Neuhann & Guillermo Ordonez, 2022. "Information Spillovers and Sovereign Debt: Theory Meets the Eurozone Crisis," PIER Working Paper Archive 22-017, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    198. Rodrigo Heresi & Andrew Powell, 2023. "Balance Sheet Vulnerabilities in the Wake of the Pandemic," IDB Publications (Book Chapters), in: Andrew Powell & Oscar Mauricio Valencia (ed.), Dealing with Debt, edition 1, chapter 12, pages 285-308, Inter-American Development Bank.
    199. Cristina Arellano & Juan Carlos Conesa & Timothy J. Kehoe, 2012. "Chronic sovereign debt crises in the Eurozone, 2010-2012," Economic Policy Paper 12-4, Federal Reserve Bank of Minneapolis.
    200. Martin Schneider & Aaron Tornell, 2004. "Balance Sheet Effects, Bailout Guarantees and Financial Crises," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 71(3), pages 883-913.
    201. Giancarlo Corsetti & Luca Dedola, 2016. "The Mystery of the Printing Press: Monetary Policy and Self-Fulfilling Debt Crises," Journal of the European Economic Association, European Economic Association, vol. 14(6), pages 1329-1371.
    202. Leonardo Martinez & Francisco Roch & Francisco Roldan & Jeromin Zettelmeyer, 2022. "Sovereign Debt," Working Papers 167, Red Nacional de Investigadores en Economía (RedNIE).
    203. Manfred G?rtner & Bj?rn Griesbach, 2017. "Rating Agencies, Self-Fulfilling Prophecy and Multiple Equilibria? An Empirical Model of the European Sovereign Debt Crisis 2009-2011," Business and Economic Research, Macrothink Institute, vol. 7(1), pages 199-226, June.
    204. Henning Bohn, 2011. "The Economic Consequences of Rising U.S. Government Debt: Privileges at Risk," FinanzArchiv: Public Finance Analysis, Mohr Siebeck, Tübingen, vol. 67(3), pages 282-302, September.
    205. Loriano Mancini & Angelo Ranaldo & Jan Wrampelmeyer, 2016. "The Euro Interbank Repo Market," The Review of Financial Studies, Society for Financial Studies, vol. 29(7), pages 1747-1779.
    206. Luis Opazo, 2007. "Welfare Implications of a Second Lender in the International Markets," Working Papers Central Bank of Chile 422, Central Bank of Chile.
    207. Mark A. Aguiar & Manuel Amador, 2018. "Self-Fulfilling Debt Dilution: Maturity and Multiplicity in Debt Models," NBER Working Papers 24683, National Bureau of Economic Research, Inc.
    208. Frankel, Jeffrey A. & Rose, Andrew K., 1996. "Currency Crashes in Emerging Markets: Empirical Indicators," Center for International and Development Economics Research (CIDER) Working Papers 233424, University of California-Berkeley, Department of Economics.
    209. Eijffinger, Sylvester C.W. & Karataş, Bilge, 2023. "Three sisters: The interlinkage between sovereign debt, currency, and banking crises," Journal of International Money and Finance, Elsevier, vol. 131(C).
    210. Dooyeon Cho & Antonio Doblas-Madrid, 2013. "Business Cycle Accounting East and West: Asian Finance and the Investment Wedge," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 16(4), pages 724-744, October.
    211. Andrea Zaghini, 2017. "The CSPP at work: yield heterogeneity and the portfolio rebalancing channel," Temi di discussione (Economic working papers) 1157, Bank of Italy, Economic Research and International Relations Area.
    212. Carolina Achury & Christos Koulovatianos & John Tsoukalas, 2011. "External Sovereign Debt in a Monetary Union: Bailouts and the Role of Corruption," Discussion Papers 11/11, University of Nottingham, Centre for Finance, Credit and Macroeconomics (CFCM).
    213. Begona Dominguez Manzano, 2005. "Reputation in a Model with a Limited Debt Structure," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 8(3), pages 600-622, July.
    214. Obregon, Carlos, 2018. "Globalization misguided views," MPRA Paper 85813, University Library of Munich, Germany.
    215. Robin Greenwood & Samuel G. Hanson & Andrei Shleifer & Jakob Ahm Sørensen, 2022. "Predictable Financial Crises," Journal of Finance, American Finance Association, vol. 77(2), pages 863-921, April.
    216. Timothy J. Kehoe & Kim J. Ruhl & Joseph B. Steinberg, 2013. "Global Imbalances and Structural Change in the United States," NBER Working Papers 19339, National Bureau of Economic Research, Inc.
    217. Gonzalo Fernandez-de-Cordoba & Pau Pujolas & Jose Torres, 2017. "Fiscal Discipline and Defaults," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 24, pages 1-13, March.
    218. Mundaca, B. Gabriela, 2007. "Monitoring, liquidity provision and financial crisis," Memorandum 04/2007, Oslo University, Department of Economics, revised 01 Mar 2009.
    219. Antoine Camous & Russell Cooper, 2014. "Monetary Policy and Debt Fragility," NBER Working Papers 20650, National Bureau of Economic Research, Inc.
    220. Nuria Malet & Clara Garcia, 2005. "Exchange Market Pressure, Monetary Policy, and Economic Growth: Argentina in 1993 - 2004," Working Papers wp99, Political Economy Research Institute, University of Massachusetts at Amherst.
    221. Rigas Oikonomou & Albert Marcet & Elisa Faraglia, 2016. "Long term Government Bonds," 2016 Meeting Papers 565, Society for Economic Dynamics.
    222. Tirole, Jean, 2012. "Country Solidarity, Private Sector Involvement and the Contagion of Sovereign Crises," IDEI Working Papers 761, Institut d'Économie Industrielle (IDEI), Toulouse, revised Sep 2012.
    223. Marco Committeri & Pietro Tommasino, 2018. "Managing sovereign debt restructurings in the euro zone. A note on old and current debates," Questioni di Economia e Finanza (Occasional Papers) 451, Bank of Italy, Economic Research and International Relations Area.
    224. Whelan, Karl, 2022. "The Past, Present and Future of Euro Area Monetary-Fiscal Interactions," CEPR Discussion Papers 17021, C.E.P.R. Discussion Papers.
    225. Bofinger, Peter & Buch, Claudia M. & Feld, Lars P. & Schmidt, Christoph M. & Wieland, Volker, 2013. "Gegen eine rückwärtsgewandte Wirtschaftspolitik. Jahresgutachten 2013/14 [Against a backward-looking economic policy. Annual Report 2013/14]," Annual Economic Reports / Jahresgutachten, German Council of Economic Experts / Sachverständigenrat zur Begutachtung der gesamtwirtschaftlichen Entwicklung, volume 127, number 201314.
    226. Ugo Marani, 2014. "Economic monetary union and regional divergences: the legacy of Augusto Graziani," STUDI ECONOMICI, FrancoAngeli Editore, vol. 2014(112), pages 159-171.
    227. Trebesch, Christoph, 2008. "Delays in Sovereign Debt Restructurings. Should we really blame the creditors?," Proceedings of the German Development Economics Conference, Zurich 2008 44, Verein für Socialpolitik, Research Committee Development Economics.
    228. Chamley, Christophe & Pinto, Brian, 2012. "Sovereign bailouts and senior loans," Policy Research Working Paper Series 6181, The World Bank.
    229. Corsetti, G. & Maeng, S. H., 2023. "The Theory of Reserve Accumulation, Revisited," Janeway Institute Working Papers 2319, Faculty of Economics, University of Cambridge.
    230. Corsetti, G. & Erce, A. & Uy, T., 2018. "Debt Sustainability and the Terms of Official Support," Cambridge Working Papers in Economics 1864, Faculty of Economics, University of Cambridge.
    231. Seghezza, Elena, 2015. "Fiscal capacity and the risk of sovereign debt after the Glorious Revolution: A reinterpretation of the North–Weingast hypothesis," European Journal of Political Economy, Elsevier, vol. 38(C), pages 71-81.
    232. Eduardo Borensztein & Eduardo Cavallo, 2023. "Domestic Bond Markets: Successes and Challenges," IDB Publications (Book Chapters), in: Andrew Powell & Oscar Mauricio Valencia (ed.), Dealing with Debt, edition 1, chapter 3, pages 37-66, Inter-American Development Bank.
    233. Obregon, Carlos, 2018. "Globalización visiones equivocadas [Globalization misguided views]," MPRA Paper 86396, University Library of Munich, Germany.
    234. Russell Cooper, 2012. "Debt Fragility and Bailouts," NBER Working Papers 18377, National Bureau of Economic Research, Inc.
    235. Mr. Anil Ari & Giancarlo Corsetti & Luca Dedola, 2018. "Debt Seniority and Sovereign Debt Crises," IMF Working Papers 2018/104, International Monetary Fund.
    236. Cristina Arellano & Yan Bai & Sandra Lizarazo, 2017. "Sovereign Risk Contagion," Staff Report 559, Federal Reserve Bank of Minneapolis.
    237. Doemeland,Doerte & Estevão,Marcello & Jooste,Charl & Sampi Bravo,James Robert Ezequiel & Tsiropoulos,Vasileios, 2022. "Debt Vulnerability Analysis : A Multi-Angle Approach," Policy Research Working Paper Series 9929, The World Bank.
    238. Seon Tae Kim & Gabriel Mihalache & Yan Bai, 2014. "Maturity and Repayment Structure of Sovereign Debt," 2014 Meeting Papers 523, Society for Economic Dynamics.
    239. V. Filipe Martins-da-Rocha & Toan Phan & Yiannis Vailakis, 2019. "Debt Limits and Credit Bubbles in General Equilibrium," Working Paper 19-19, Federal Reserve Bank of Richmond.
    240. Maldonado, Wilfredo L. & Orrillo, Jaime, 2006. "Two-Sided Altruism in an OLG Model with Incomplete Markets and Default," Brazilian Review of Econometrics, Sociedade Brasileira de Econometria - SBE, vol. 26(2), November.
    241. Juan Passadore & Juan Xandri, 2019. "Robust Predictions in Dynamic Policy Games," 2019 Meeting Papers 1345, Society for Economic Dynamics.
    242. Corsetti, G. & Maeng, S. H., 2023. "The Theory of Reserve Accumulation, Revisited," Cambridge Working Papers in Economics 2370, Faculty of Economics, University of Cambridge.
    243. Auclert, Adrien & Rognlie, Matthew, 2016. "Unique equilibrium in the Eaton–Gersovitz model of sovereign debt," Journal of Monetary Economics, Elsevier, vol. 84(C), pages 134-146.
    244. Zucker Marques, Marina & Mühlich, Laurissa & Fritz, Barbara, 2023. "Unequal access to The Global Financial Safety Net: An index for the quality of crisis finance," Discussion Papers 2023/4, Free University Berlin, School of Business & Economics.
    245. Ozkaya, Ata, 2013. "The Domestic Debt Intolerance and Bad Equilibrium: An Empirical Default Model," GIAM Working Papers 13-1, Galatasaray University Economic Research Center.
    246. Miguel Faria-e-Castro, 2019. "A Quantitative Analysis of Countercyclical Capital Buffers," Working Papers 2019-008, Federal Reserve Bank of St. Louis, revised 01 Jan 2020.
    247. Alessandro Dovis, 2013. "Efficient Sovereign Default," 2013 Meeting Papers 293, Society for Economic Dynamics.
    248. Mark Aguiar & Manuel Amador & Stelios Fourakis, 2020. "On the Welfare Losses from External Sovereign Borrowing," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 68(1), pages 163-194, March.
    249. Zilibotti, Fabrizio & Storesletten, Kjetil & Müller, Andreas, 2015. "Sovereign Debt and Structural Reforms," CEPR Discussion Papers 10588, C.E.P.R. Discussion Papers.
    250. George-Marios Angeletos & Christian Hellwig & Alessandro Pavan, 2003. "Coordination and Policy Traps," NBER Working Papers 9767, National Bureau of Economic Research, Inc.
    251. Vivian Z. Yue, 2005. "Sovereign Default and Debt Renegotiation," 2005 Meeting Papers 138, Society for Economic Dynamics.
    252. Veronica Guerrieri & Péter Kondor, 2009. "Fund Managers, Career Concerns, and Asset Price Volatility," NBER Working Papers 14898, National Bureau of Economic Research, Inc.
    253. Francisco J. Buera & Juan Pablo Nicolini, 2019. "The Monetary and Fiscal History of Argentina, 1960-2017," Staff Report 580, Federal Reserve Bank of Minneapolis.
    254. Ran Bi, 2006. "Debt Dilution and Maturity Structure of Sovereign Bonds," 2006 Meeting Papers 652, Society for Economic Dynamics.
    255. Christian Hellwig, 2004. "Dynamic Global Games of Regime Change: Learning, Multiplicity and Timing of Attacks (August 2006, with George-Marios Angeletos and Alessandro Pavan)," UCLA Economics Online Papers 279, UCLA Department of Economics.
    256. María Cecilia Acevedo & Vanessa Alviarez & Joaquin Lennon Sabatini, 2023. "Managing Private Debt," IDB Publications (Book Chapters), in: Andrew Powell & Oscar Mauricio Valencia (ed.), Dealing with Debt, edition 1, chapter 11, pages 255-284, Inter-American Development Bank.
    257. Tavares, Tiago, 2015. "The Role of International Reserves in Sovereign Debt Restructuring under Fiscal Adjustment," MPRA Paper 66962, University Library of Munich, Germany.
    258. Nicolas Caramp & Sanjay R Singh, 2023. "Bond Premium Cyclicality and Liquidity Traps," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 90(6), pages 2822-2879.
    259. Nikolai Stähler, 2013. "Recent Developments In Quantitative Models Of Sovereign Default," Journal of Economic Surveys, Wiley Blackwell, vol. 27(4), pages 605-633, September.
    260. Frankel, Jeffrey A. & Rose, Andrew K., 1996. "Currency crashes in emerging markets: An empirical treatment," Journal of International Economics, Elsevier, vol. 41(3-4), pages 351-366, November.
    261. Franklin Allen & Douglas Gale, 2003. "Financial Intermediaries and Markets," Center for Financial Institutions Working Papers 00-44, Wharton School Center for Financial Institutions, University of Pennsylvania.
    262. Cristina Arellano & Timothy J. Kehoe & Herakles Polemarchakis, 2017. "Introduction to the Special Issue on Models of Debt and Debt Crises," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 64(4), pages 605-610, December.
    263. Thomas Philippon & Francisco Roldán, 2018. "On the Optimal Speed of Sovereign Deleveraging with Precautionary Savings," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 66(2), pages 375-413, June.
    264. Christoph Trebesch & Mr. Michael G. Papaioannou & Mr. Udaibir S Das, 2012. "Sovereign Debt Restructurings 1950-2010: Literature Survey, Data, and Stylized Facts," IMF Working Papers 2012/203, International Monetary Fund.
    265. Bolton, Patrick & Huang, Haizhou, 2017. "The Capital Structure of Nations," CEPR Discussion Papers 12157, C.E.P.R. Discussion Papers.
    266. Flaherty, Michael & Gevorkyan, Arkady & Radpour, Siavash & Semmler, Willi, 2017. "Financing climate policies through climate bonds – A three stage model and empirics," Research in International Business and Finance, Elsevier, vol. 42(C), pages 468-479.
    267. Anton Korinek & Enrique G. Mendoza, 2013. "From Sudden Stops to Fisherian Deflation: Quantitative Theory and Policy Implications," NBER Working Papers 19362, National Bureau of Economic Research, Inc.
    268. Marcos González-Fernández & Carmen González-Velasco, 2018. "Bond Yields, Sovereign Risk and Maturity Structure," Risks, MDPI, vol. 6(4), pages 1-25, September.
    269. Goldfajn, Ilan & Valdes, Rodrigo O., 1998. "Are currency crises predictable?," European Economic Review, Elsevier, vol. 42(3-5), pages 873-885, May.
    270. Laura Alfaro & Fabio Kanczuk, 2007. "Nominal versus Indexed Debt: A Quantitative Horse Race," NBER Working Papers 13131, National Bureau of Economic Research, Inc.
    271. Alessandria, George & Bai, Yan & Deng, Minjie, 2020. "Migration and sovereign default risk," Journal of Monetary Economics, Elsevier, vol. 113(C), pages 1-22.
    272. Martin Brooke & Rhys R. Mendes & Alex Pienkowski & Eric Santor, 2013. "Sovereign Default and State-Contingent Debt," Discussion Papers 13-3, Bank of Canada.
    273. Luigi Bocola & Alessandro Dovis, 2016. "Self-Fulfilling Debt Crises: A Quantitative Analysis," NBER Working Papers 22694, National Bureau of Economic Research, Inc.
    274. Stangebye, Zachary R., 2020. "Beliefs and long-maturity sovereign debt," Journal of International Economics, Elsevier, vol. 127(C).
    275. Cunha, Alexandre B., 2002. "Optimal Exchange Rate Policy, Optimal Incomplete Taxation and Business Cycles," Insper Working Papers wpe_16, Insper Working Paper, Insper Instituto de Ensino e Pesquisa.
    276. Jorra, Markus, 2012. "The effect of IMF lending on the probability of sovereign debt crises," Journal of International Money and Finance, Elsevier, vol. 31(4), pages 709-725.
    277. Robin Greenwood & Samuel G. Hanson & Lawrence J. Jin, 2019. "Reflexivity in Credit Markets," NBER Working Papers 25747, National Bureau of Economic Research, Inc.
    278. Dirk Niepelt, 2009. "Sovereign Debt Maturity without Commitment," 2009 Meeting Papers 231, Society for Economic Dynamics.
    279. Francois R. Velde & Marcelo Veracierto, 2000. "Dollarization in Argentina," Economic Perspectives, Federal Reserve Bank of Chicago, vol. 24(Q I), pages 24-37.
    280. Mats Persson, 2016. "Debts, Deficits and Multiple Equilibria: A New Role for ECB Monetary Policy?," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 17(01), pages 63-71, April.
    281. Barbieri Hermitte, Riccardo & Cagnazzo, Alberto & Favero, Carlo A. & Felici, Francesco & Macauda, Valeria & Nucci, Francesco & Tegami, Cristian, 2023. "ITFIN: A stock-flow consistent model for the Italian economy," Economic Modelling, Elsevier, vol. 119(C).
    282. Ari, Anil, 2018. "Gambling traps," Working Paper Series 2217, European Central Bank.
    283. Zheng, Huanhuan, 2023. "Sovereign debt responses to the COVID-19 pandemic," Journal of International Economics, Elsevier, vol. 143(C).
    284. Sergeyev, Dmitriy & Mehrotra, Neil, 2020. "Debt Sustainability in a Low Interest Rate World," CEPR Discussion Papers 15282, C.E.P.R. Discussion Papers.
    285. Kenneth Rogoff, 1999. "International Institutions for Reducing Global Financial Instability," NBER Working Papers 7265, National Bureau of Economic Research, Inc.
    286. Janus, Thorsten & Jinjarak, Yothin & Uruyos, Manachaya, 2013. "Sovereign default risk, overconfident investors and diverse beliefs: Theory and evidence from a new dataset on outstanding credit default swaps," Journal of Financial Stability, Elsevier, vol. 9(3), pages 330-336.
    287. Juan Carlos Conesa & Timothy J. Kehoe, 2017. "Gambling for redemption and self-fulfilling debt crises," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 64(4), pages 707-740, December.
    288. Mark Gertler & Nobuhiro Kiyotaki & Andrea Prestipino, 2020. "Credit Booms, Financial Crises and Macroprudential Policy," Working Papers 2020-62, Princeton University. Economics Department..
    289. Patrick M. Emerson & Shawn D. Knabb, 2007. "Fiscal Policy, Expectation Traps, And Child Labor," Economic Inquiry, Western Economic Association International, vol. 45(3), pages 453-469, July.
    290. Timothy J. Kehoe & Kim J. Ruhl & Joe Steinberg, 2013. "What will happen when foreigners stop lending to the United States?," Economic Policy Paper 13-4, Federal Reserve Bank of Minneapolis.
    291. Antonio Doblas-Madrid, 2007. "Implications of within-period timing in models of speculative attack," Economics Bulletin, AccessEcon, vol. 6(28), pages 1-10.
    292. Giancarlo Marini & Giovanni Piersanti, 2012. "Models of Speculative Attacks and Crashes in International Capital Markets," CEIS Research Paper 245, Tor Vergata University, CEIS, revised 24 Jul 2012.
    293. Stefan Niemann & Paul Pichler, 2020. "Online Appendix to "Optimal fiscal policy and sovereign debt crises"," Online Appendices 18-382, Review of Economic Dynamics.
    294. De Santis, Roberto A., 2015. "A measure of redenomination risk," Working Paper Series 1785, European Central Bank.
    295. Cristina Arellano, 2005. "Default Risk, the Real Exchange Rate and Income Fluctuations in Emerging Economies," 2005 Meeting Papers 516, Society for Economic Dynamics.
    296. Gonzalo F. de-Córdoba & José L. Torres, 2016. "Public debt frontiers: The Greek case," Working Papers 2016-03, Universidad de Málaga, Department of Economic Theory, Málaga Economic Theory Research Center.
    297. Bornstein, Gideon, 2020. "A Continuous-Time Model of Sovereign Debt," Journal of Economic Dynamics and Control, Elsevier, vol. 118(C).
    298. Andrés Mauricio Vargas P., 2008. "Flujos de capitales, restricciones de liquidez y paradas súbitas: lecciones de países emergentes," Coyuntura Económica, Fedesarrollo, December.
    299. Romeo Matthew Balanquit, 2016. "Threshold Bank-run Equilibrium in Dynamic Games," UP School of Economics Discussion Papers 201607, University of the Philippines School of Economics.
    300. Marco A. Espinosa-Vega & Steven Russell, 1996. "The Mexican economic crisis: alternative views," Economic Review, Federal Reserve Bank of Atlanta, vol. 80(Jan), pages 21-44.
    301. Wei Cui, 2017. "Macroeconomic Effects of Delayed Capital Liquidation," Discussion Papers 1719, Centre for Macroeconomics (CFM).
    302. Leonardo Martinez & Juan Hatchondo & Burhanettin Kuruscu & Bulent Guler, 2014. "Sovereign Bailouts," 2014 Meeting Papers 1278, Society for Economic Dynamics.
    303. Matsuoka, Tarishi, 2018. "Banks and liquidity crises in emerging market economies," Journal of Economic Dynamics and Control, Elsevier, vol. 94(C), pages 43-62.
    304. Kuvshinov, Dmitry & Zimmermann, Kaspar, 2019. "Sovereigns going bust: Estimating the cost of default," European Economic Review, Elsevier, vol. 119(C), pages 1-21.
    305. Milesi-Ferretti, Gian Maria & Razin, Assaf, 1996. "Current Account Sustainability: Selected East Asian and Latin American Experiences," CEPR Discussion Papers 1509, C.E.P.R. Discussion Papers.
    306. Bernhard Herz & Hui Tong, 2008. "Debt and Currency Crises—Complements or Substitutes?," Review of International Economics, Wiley Blackwell, vol. 16(5), pages 955-970, November.
    307. Betty C. Daniel & Christos Shiamptanis, 2010. "Sovereign Default Risk in a Monetary Union," Working Papers 2010-3, Central Bank of Cyprus.
    308. Peter M. Garber, 1998. "Derivatives in International Capital Flows," NBER Working Papers 6623, National Bureau of Economic Research, Inc.
    309. Levy, Nadav & Pauzner, Ady, 2010. "Government's Credit-Rating Concerns and the Evaluation of Public Projects," Foerder Institute for Economic Research Working Papers 275762, Tel-Aviv University > Foerder Institute for Economic Research.
    310. George-Marios Angeletos & Christian Hellwig & Alessandro Pavan, 2005. "Signaling in a Global Game: Coordination and Policy Traps," Discussion Papers 1400, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    311. Brooke, Martin & Pienkowski, Alex & Mendes, Rhys & Santor, Eric, 2013. "Financial Stability Paper No 27: Sovereign Default and State-Contingent Debt," Bank of England Financial Stability Papers 27, Bank of England.
    312. Leo Kaas & Wei Cui, 2017. "Default Cycles," 2017 Meeting Papers 1288, Society for Economic Dynamics.
    313. Capponi, Agostino & Corell, Felix & Stiglitz, Joseph E., 2022. "Optimal bailouts and the doom loop with a financial network," Journal of Monetary Economics, Elsevier, vol. 128(C), pages 35-50.
    314. Gabriela Cugat, 2019. "Emerging markets, household heterogeneity, and exchange rate policy," 2019 Meeting Papers 526, Society for Economic Dynamics.
    315. Fernando Broner & Aitor Erce & Alberto Martin & Jaume Ventura, 2013. "Sovereign Debt Markets in Turbulent Times: Creditor Discrimination and Crowding-Out," IMF Working Papers 2013/270, International Monetary Fund.
    316. Patrick Bolton & Haizhou Huang, 2018. "The Capital Structure of Nations [Welfare analysis of currency regimes with defaultable debts]," Review of Finance, European Finance Association, vol. 22(1), pages 45-82.
    317. Eidam, Frederik, 2018. "Gap-filling government debt maturity choice," ZEW Discussion Papers 18-025, ZEW - Leibniz Centre for European Economic Research.
    318. Theodoros V. Stamatopoulos & Stavros E. Arvanitis & Dimitris M. Terzakis, 2017. "The risk of the sovereign debt default: the Eurozone crisis 2008–2013," Applied Economics, Taylor & Francis Journals, vol. 49(38), pages 3782-3796, August.
    319. Bems, Rudolfs & Jönsson, Kristian, 2002. "Financial Crisis in Emerging Markets and the Optimal Bailout Policy," SSE/EFI Working Paper Series in Economics and Finance 520, Stockholm School of Economics, revised 08 Oct 2004.
    320. Mark Gertler & Nobuhiro Kiyotaki & Andrea Prestipino, 2020. "Credit Booms, Financial Crises, and Macroprudential Policy," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 37, pages 8-33, August.
    321. Ariel Zetlin-Jones, "undated". "Efficient Financial Crises," GSIA Working Papers 2014-E19, Carnegie Mellon University, Tepper School of Business.
    322. Alexandre Cunha, 2013. "On the relevance of floating exchange rate policies," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 53(2), pages 357-382, June.
    323. Saki Bigio & Galo Nuño & Juan Passadore, 2023. "Debt-Maturity Management with Liquidity Costs," Journal of Political Economy Macroeconomics, University of Chicago Press, vol. 1(1), pages 119-190.
    324. Mark Aguiar & Satyajit Chatterjee & Harold L. Cole & Zachary Stangebye, 2017. "Self-Fulfilling Debt Crises, Revisited: The Art of the Desperate Deal," Working Papers 17-7, Federal Reserve Bank of Philadelphia.
    325. Kriwoluzky, Alexander & Müller, Gernot J. & Wolf, Martin, 2019. "Exit expectations and debt crises in currency unions," Journal of International Economics, Elsevier, vol. 121(C).
    326. Marialena Athanasopoulou & Andrea Consiglio & Aitor Erce & Angel Gavilan & Edmund Moshammer & Stavros A. Zenios, 2019. "Risk Management for Sovereign Debt Financing with Sustainability Conditions," Globalization Institute Working Papers 367, Federal Reserve Bank of Dallas.
    327. Poeschl, Johannes & Zhang, Xue, 2018. "Bank Capital Regulation and Endogenous Shadow Banking Crises," MPRA Paper 92529, University Library of Munich, Germany.
    328. Hur, Sewon & Kondo, Illenin O., 2016. "A theory of rollover risk, sudden stops, and foreign reserves," Journal of International Economics, Elsevier, vol. 103(C), pages 44-63.
    329. Eduardo Fernández-Arias, 1996. "Balance-of-Payments Rescue Packages: Can They Work?," Research Department Publications 4046, Inter-American Development Bank, Research Department.
    330. Guangling Liu, 2014. "The Welfare Cost of Sovereign Default and Liquidity Injections," Working Papers 12/2014, Stellenbosch University, Department of Economics.
    331. Scheer, Alexander, 2015. "Debt consolidation with long-term debt," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 112874, Verein für Socialpolitik / German Economic Association.
    332. Jasmina Arifovic & Janet Hua Jiang, 2014. "Do Sunspots Matter? Evidence from an Experimental Study of Bank Runs," Staff Working Papers 14-12, Bank of Canada.
    333. Alfaro, Laura & Kanczuk, Fabio, 2005. "Sovereign debt as a contingent claim: a quantitative approach," Journal of International Economics, Elsevier, vol. 65(2), pages 297-314, March.
    334. Debrun, Xavier & Masuch, Klaus & Ferrero, Guiseppe & Vansteenkiste, Isabel & Ferdinandusse, Marien & von Thadden, Leopold & Hauptmeier, Sebastian & Alloza, Mario & Derouen, Chloé & Bańkowski, Krzyszto, 2021. "Monetary-fiscal policy interactions in the euro area," Occasional Paper Series 273, European Central Bank.
    335. Fabrice Collard & Michel Habib & Jean-Charles Rochet, 2015. "Sovereign Debt Sustainability In Advanced Economies," Journal of the European Economic Association, European Economic Association, vol. 13(3), pages 381-420, June.
    336. Gruber, Alexander & Kogler, Michael, 2016. "Banks and Sovereigns: A Model of Mutual Contagion," Economics Working Paper Series 1614, University of St. Gallen, School of Economics and Political Science.
    337. Occhino, Filippo, 2017. "The 2012 eurozone crisis and the ECB’s OMT program: A debt-overhang banking and sovereign crisis interpretation," European Economic Review, Elsevier, vol. 100(C), pages 337-363.
    338. Mark Aguiar & Manuel Amador, 2013. "Take the Short Route: How to Repay and Restructure Sovereign Debt with Multiple Maturities," NBER Working Papers 19717, National Bureau of Economic Research, Inc.
    339. Harold Cole & Daniel Neuhann & Guillermo Ordoñez, 2018. "A Walrasian Theory of Sovereign Debt Auctions with Asymmetric Information," NBER Working Papers 24890, National Bureau of Economic Research, Inc.
    340. Zhiguo He & Konstantin Milbradt, 2016. "Dynamic Debt Maturity," The Review of Financial Studies, Society for Financial Studies, vol. 29(10), pages 2677-2736.
    341. V. Filipe Martins-Da-Rocha & Toan Phan & Yiannis Vailakis, 2022. "Pecuniary Externalities in Competitive Economies with Limited Pledgeability," Working Papers hal-03909596, HAL.
    342. Gabriel Desgranges & Ms. Celine Rochon, 2014. "Optimal Maturity Structure of Sovereign Debt in Situation of Near Default," IMF Working Papers 2014/168, International Monetary Fund.
    343. Mitra, Nirvana, 2020. "Political Constraints and Sovereign Default Premia," MPRA Paper 104172, University Library of Munich, Germany.
    344. Mark Gertler & Nobuhiro Kiyotaki & Andrea Prestipino, 2016. "Anticipated Banking Panics," American Economic Review, American Economic Association, vol. 106(5), pages 554-559, May.
    345. Hamed Ghiaie, 2018. "Shadow Bank run, Housing and Credit Market: The Story of a Recession," THEMA Working Papers 2018-01, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
    346. R. Anton Braun & Douglas H. Joines, 2014. "The Implications of a graying japan for government policy," FRB Atlanta Working Paper 2014-18, Federal Reserve Bank of Atlanta.
    347. Antonio Doblas‐Madrid, 2009. "Fiscal Trends and Self‐Fulfilling Crises," Review of International Economics, Wiley Blackwell, vol. 17(1), pages 187-204, February.
    348. Filippo Brutti & Philip Sauré, 2016. "Repatriation of Debt in the Euro Crisis," Journal of the European Economic Association, European Economic Association, vol. 14(1), pages 145-174.
    349. Juan Hernandez, 2018. "How International Reserves Reduce the Probability of Debt Crises," 2018 Meeting Papers 1203, Society for Economic Dynamics.
    350. Aaron Tornell, 2003. "Balance Sheet Effects, Bailout Guarantees and Financial Crises (Review of Economic Studies)," UCLA Economics Online Papers 277, UCLA Department of Economics.
    351. Victor Filipe Martins da Rocha & Yiannis Vailakis, 2017. "On the Sovereign Debt Paradox," Post-Print hal-01097118, HAL.
    352. Efraim Benmelech & Eyal Dvir, 2010. "Does short-term debt increase vulnerability to crisis? Evidence from the East Asian financial crisis," Proceedings, Federal Reserve Bank of San Francisco, issue Oct.
    353. Bacchetta, Philippe & Perazzi, Elena & van Wincoop, Eric, 2018. "Self-fulfilling debt crises: What can monetary policy do?," Journal of International Economics, Elsevier, vol. 110(C), pages 119-134.
    354. Charles-Henri Weymuller & Eduardo Davila, 2016. "Optimal Joint Bond Design," 2016 Meeting Papers 1447, Society for Economic Dynamics.
    355. Li, Xiang & Su, Dan, 2022. "Surges and instability: The maturity shortening channel," Journal of International Economics, Elsevier, vol. 139(C).
    356. Carlos E. Zarazaga, 1995. "Argentina, Mexico, and currency boards: another case of rules versus discretion," Economic and Financial Policy Review, Federal Reserve Bank of Dallas, issue Q IV, pages 14-24.
    357. Braun, R. Anton & Joines, Douglas H., 2015. "The implications of a graying Japan for government policy," Journal of Economic Dynamics and Control, Elsevier, vol. 57(C), pages 1-23.
    358. Polito, Vito & Wickens, Mike, 2014. "Modelling the U.S. sovereign credit rating," Journal of Banking & Finance, Elsevier, vol. 46(C), pages 202-218.
    359. Turdaliev, Nurlan & Zhang, Yahong, 2023. "Mortgage risk and bank runs," The Quarterly Review of Economics and Finance, Elsevier, vol. 88(C), pages 315-343.
    360. Sánchez, Juan M. & Sapriza, Horacio & Yurdagul, Emircan, 2018. "Sovereign default and maturity choice," Journal of Monetary Economics, Elsevier, vol. 95(C), pages 72-85.
    361. Franklin Allen & Douglas Gale, 1998. "Financial Contagion Journal of Political Economy," Center for Financial Institutions Working Papers 98-31, Wharton School Center for Financial Institutions, University of Pennsylvania.
    362. Araujo, Aloisio & Leon, Marcia & Santos, Rafael, 2013. "Welfare analysis of currency regimes with defaultable debts," Journal of International Economics, Elsevier, vol. 89(1), pages 143-153.
    363. Nöh, Lukas, 2019. "Increasing public debt and the role of central bank independence for debt maturities," European Economic Review, Elsevier, vol. 119(C), pages 179-198.
    364. Chokri Zehri, 2020. "Policies for managing sudden stops," Zbornik radova Ekonomskog fakulteta u Rijeci/Proceedings of Rijeka Faculty of Economics, University of Rijeka, Faculty of Economics and Business, vol. 38(1), pages 9-33.
    365. José-María Da-Rocha & Eduardo L. Giménez & Francisco-Xavier Lores, 2004. "Devaluation Beliefs and Debt Crisis: The Argentinian Case," Economic Working Papers at Centro de Estudios Andaluces E2004/09, Centro de Estudios Andaluces.
    366. Perazzi, Elena, 2020. "Sovereign Bailouts and Moral Hazard with Strategic Default," MPRA Paper 108004, University Library of Munich, Germany, revised 26 May 2021.
    367. Eduardo Levy Yeyati & Andrew Powell, 2023. "Sovereign Debt Management," IDB Publications (Book Chapters), in: Andrew Powell & Oscar Mauricio Valencia (ed.), Dealing with Debt, edition 1, chapter 6, pages 123-160, Inter-American Development Bank.
    368. Mark Gertler & Nobuhiro Kiyotaki & Andrea Prestipino, 2016. "Wholesale Banking and Bank Runs in Macroeconomic Modeling of Financial Crises," International Finance Discussion Papers 1156, Board of Governors of the Federal Reserve System (U.S.).
    369. Jean Tirole, 2015. "Country Solidarity in Sovereign Crises," American Economic Review, American Economic Association, vol. 105(8), pages 2333-2363, August.
    370. Zachary Stangebye & Satyajit Chatterjee & Harold Cole & Mark Aguiar, 2016. "Self-Fulfilling Sovereign Debt Crises," 2016 Meeting Papers 360, Society for Economic Dynamics.
    371. Aguiar, Mark & Amador, Manuel, 2014. "Sovereign Debt," Handbook of International Economics, in: Gopinath, G. & Helpman, . & Rogoff, K. (ed.), Handbook of International Economics, edition 1, volume 4, chapter 0, pages 647-687, Elsevier.
    372. Stephen Quinn, 2008. "Securitization of Sovereign Debt: Corporations as a Sovereign Debt Restructuring Mechanism in Britain, 1694-1750," Working Papers 200701, Texas Christian University, Department of Economics.
    373. Weder di Mauro, Beatrice & Van Rijckeghem, Caroline, 2004. "The Politics Of Debt Crises," CEPR Discussion Papers 4683, C.E.P.R. Discussion Papers.
    374. Li, Yuan & Yang, Jinqiang & Zhao, Siqi, 2022. "Present-biased government and sovereign debt dynamics," Journal of Mathematical Economics, Elsevier, vol. 98(C).
    375. Michael Flaherty & Arkady Gevorkyan & Siavash Radpour & Willi Semmler, 2016. "Financing Climate Policies Through Climate Bonds," SCEPA working paper series. 2016-03, Schwartz Center for Economic Policy Analysis (SCEPA), The New School.
    376. Mauro Ferreira, 2007. "Debt Maturity in a Small Open Economy Under Inflation Target," EcoMod2007 23900024, EcoMod.
    377. Alexandra Popescu & Camelia Turcu, 2014. "Systemic Sovereign Risk in Europe: an MES and CES Approach," Working Papers 2014.04, International Network for Economic Research - INFER.
    378. Camous, Antoine & Gimber, Andrew R., 2018. "Public debt and fiscal policy traps," Journal of Economic Dynamics and Control, Elsevier, vol. 93(C), pages 239-259.
    379. Lorenzoni, Guido, 2014. "International Financial Crises," Handbook of International Economics, in: Gopinath, G. & Helpman, . & Rogoff, K. (ed.), Handbook of International Economics, edition 1, volume 4, chapter 0, pages 689-740, Elsevier.
    380. Feldhaus, Christoph & Rockenbach, Bettina & Zeppenfeld, Christopher, 2020. "Inequality in minimum-effort coordination," VfS Annual Conference 2020 (Virtual Conference): Gender Economics 224650, Verein für Socialpolitik / German Economic Association.
    381. Francesco Molteni, 2015. "Liquidity, Government Bonds and Sovereign Debt Crises," Working Papers 2015-32, CEPII research center.
    382. Mikkelsen, Jakob & Poeschl, Johannes, 2019. "Banking Panic Risk and Macroeconomic Uncertainty," MPRA Paper 94729, University Library of Munich, Germany.
    383. Singh, Rajesh & Hasan, Mohammad, 2023. "Cross-country Spillovers in Interbank Liquidity Crises," ISU General Staff Papers 202311011603320000, Iowa State University, Department of Economics.
    384. Poeschl, Johannes & Zhang, Xue, 2019. "Bank Capital Regulation and Endogenous Shadow Banking Crises," VfS Annual Conference 2019 (Leipzig): 30 Years after the Fall of the Berlin Wall - Democracy and Market Economy 203520, Verein für Socialpolitik / German Economic Association.
    385. Große Steffen, Christoph, 2015. "Uncertainty shocks and non-fundamental debt crises: An ambiguity approach," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 112936, Verein für Socialpolitik / German Economic Association.
    386. Uhlig, H.F.H.V.S., 2002. "One Money, But Many Fiscal Policies in Europe : What are the Consequences?," Other publications TiSEM f2cdcc6c-329f-4ae6-915b-2, Tilburg University, School of Economics and Management.
    387. Andres Velasco, 1996. "When Are Fixed Exchange Rates Really Fixed?," NBER Working Papers 5842, National Bureau of Economic Research, Inc.
    388. V. V. Chari & Alessandro Dovis & Patrick J. Kehoe, 2017. "Reforming the European Monetary Union," Economic Policy Paper 17-3, Federal Reserve Bank of Minneapolis.
    389. Filippo Brutti & Philip U. Sauré, 2014. "Repatriation of Debt in the Euro Crisis: Evidence for the Secondary Market Theory," Working Papers 2014-03, Swiss National Bank.
    390. Powell, Andrew & Valencia, Oscar, 2023. "Dealing with Debt: Less Risk for More Growth in Latin America and the Caribbean," IDB Publications (Books), Inter-American Development Bank, number 12664, May.
    391. Aguiar, Mark & Amador, Manuel, 2019. "A contraction for sovereign debt models," Journal of Economic Theory, Elsevier, vol. 183(C), pages 842-875.
    392. Gita Gopinath, 2011. "EconomicDynamics Interviews Gita Gopinath on Sovereign Default," EconomicDynamics Newsletter, Review of Economic Dynamics, vol. 13(1), November.
    393. Winfried Koeniger & Thomas Hintermaier, 2012. "Collateral constraints and macroeconomic volatility," 2012 Meeting Papers 390, Society for Economic Dynamics.
    394. Ali Alichi, 2008. "A Model of Sovereign Debt in Democracies," IMF Working Papers 2008/152, International Monetary Fund.
    395. Roettger, Joost, 2019. "Discretionary monetary and fiscal policy with endogenous sovereign risk," Journal of Economic Dynamics and Control, Elsevier, vol. 105(C), pages 44-66.
    396. Michel Aglietta & Xavier Ragot, 2015. "Erosion du tissu productif en France causes et remèdes," PSE - Labex "OSE-Ouvrir la Science Economique" halshs-01313773, HAL.
    397. Giancarlo Corsetti & Seung Hyun Maeng, 2023. "The Theory of Reserve Accumulation, Revisited," RSCAS Working Papers 2013_53, European University Institute.
    398. Yasin Kürsat Önder & Enes Sunel, 2021. "Default of Depreciate," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 21/1023, Ghent University, Faculty of Economics and Business Administration.
    399. Leopoldo Avellán & Arturo Galindo & Giulia Lotti, 2023. "Official Creditors: Providing More than Money," IDB Publications (Book Chapters), in: Andrew Powell & Oscar Mauricio Valencia (ed.), Dealing with Debt, edition 1, chapter 7, pages 161-182, Inter-American Development Bank.
    400. Arifovic, Jasmina & Jiang, Janet Hua, 2019. "Strategic uncertainty and the power of extrinsic signals– evidence from an experimental study of bank runs," Journal of Economic Behavior & Organization, Elsevier, vol. 167(C), pages 1-17.
    401. Velasco, Andres, 1997. "When are fixed exchange rates really fixed?," Journal of Development Economics, Elsevier, vol. 54(1), pages 5-25, October.
    402. Ludwig, Maximilian, 2014. "How well do we understand sovereign debt crisis? Evidence from Latin America," VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy 100531, Verein für Socialpolitik / German Economic Association.
    403. Bahaj, Saleem, 2020. "Sovereign spreads in the Euro area: Cross border transmission and macroeconomic implications," Journal of Monetary Economics, Elsevier, vol. 110(C), pages 116-135.
    404. Diego J. Perez, 2015. "Sovereign Debt, Domestic Banks and the Provision of Public Liquidity," Discussion Papers 15-016, Stanford Institute for Economic Policy Research.
    405. Detragiache, Enrica & Spilimbergo, Antonio, 2004. "Empirical models of short-term debt and crises: Do they test the creditor run hypothesis?," European Economic Review, Elsevier, vol. 48(2), pages 379-389, April.
    406. Juan Manuel Hernández & Andrew Powell & Oscar Mauricio Valencia, 2023. "Debt Sustainability: More Important than Ever," IDB Publications (Book Chapters), in: Andrew Powell & Oscar Mauricio Valencia (ed.), Dealing with Debt, edition 1, chapter 5, pages 95-122, Inter-American Development Bank.
    407. Besancenot, Damien & Vranceanu, Radu, 2003. "Financial Instability under Floating Exchange Rates," ESSEC Working Papers DR 03011, ESSEC Research Center, ESSEC Business School.
    408. Motto, Roberto & Özen, Kadir, 2022. "Market-stabilization QE," Working Paper Series 2640, European Central Bank.
    409. Vitor Gaspar, 2014. "The Making of a Continental Financial System: Lessons for Europe from Early American History," IMF Working Papers 2014/183, International Monetary Fund.
    410. Marika Cioffi & Pietro Rizza & Marzia Romanelli & Pietro Tommasino, 2019. "Outline of a redistribution-free debt redemption fund for the euro area," Questioni di Economia e Finanza (Occasional Papers) 479, Bank of Italy, Economic Research and International Relations Area.
    411. Feldhaus, Christoph & Rockenbach, Bettina & Zeppenfeld, Christopher, 2020. "Inequality in minimum-effort coordination," Journal of Economic Behavior & Organization, Elsevier, vol. 177(C), pages 341-370.
    412. Perazzi, Elena, 2022. "Sovereign Bailouts: Are Ex-Ante Conditions Useful?," MPRA Paper 113462, University Library of Munich, Germany.
    413. Eisenbach, Thomas M., 2017. "Rollover risk as market discipline: A two-sided inefficiency," Journal of Financial Economics, Elsevier, vol. 126(2), pages 252-269.
    414. Gonzalo F. de-Córdoba & Benedetto Molinari & José L. Torres, 2018. "Public Debt Frontier. A toolkit for analyzing fiscal policy and debt sustainability," Working Paper series 18-36, Rimini Centre for Economic Analysis.
    415. Aaron Tornell, 2003. "Liberalization, Growth and Financial Crises (October 2003)," UCLA Economics Online Papers 276, UCLA Department of Economics.
    416. V. V. Chari & Patrick J. Kehoe, 2016. "Bailouts, Time Inconsistency, and Optimal Regulation: A Macroeconomic View," American Economic Review, American Economic Association, vol. 106(9), pages 2458-2493, September.
    417. Semmler, Willi & Tahri, Ibrahim, 2017. "Current account imbalances: A new approach to assess external debt sustainability," Economic Modelling, Elsevier, vol. 62(C), pages 161-170.
    418. Jean-Marc Fournier & Manuel Bétin, 2018. "Limits to government debt sustainability in middle-income countries," OECD Economics Department Working Papers 1493, OECD Publishing.
    419. Christophe Chamley & Brian Pinto, 2012. "Sovereign Bailouts and Senior Loans," NBER Chapters, in: NBER International Seminar on Macroeconomics 2012, pages 269-291, National Bureau of Economic Research, Inc.
    420. J. Farmer & Cameron Hepburn & Penny Mealy & Alexander Teytelboym, 2015. "A Third Wave in the Economics of Climate Change," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 62(2), pages 329-357, October.
    421. Dallal Bendjellal, 2022. "Sovereign Risk, Financial Fragility and Debt Maturity," AMSE Working Papers 2222, Aix-Marseille School of Economics, France.
    422. Corsetti, Giancarlo & Dedola, Luca, 2013. "The Mystery of the Printing Press: Self-fulfilling debt crises and monetary sovereignty," CEPR Discussion Papers 9358, C.E.P.R. Discussion Papers.
    423. Mark Aguiar & Manuel Amador, 2013. "Sovereign Debt: A Review," NBER Working Papers 19388, National Bureau of Economic Research, Inc.
    424. Aßmann, Christian, 2007. "Determinants and Costs of Current Account Reversals under Heterogeneity and Serial Correlation," Economics Working Papers 2007-17, Christian-Albrechts-University of Kiel, Department of Economics.
    425. Giuliana Passamani & Roberto Tamborini & Matteo Tomaselli, 2014. "Sustainability vs. credibility of fiscal consolidation. A Principal Components test for the Euro Zone," DEM Discussion Papers 2014/09, Department of Economics and Management.
    426. Canhui Hong, 2018. "Flight-to-quality debt crises," 2018 Meeting Papers 166, Society for Economic Dynamics.
    427. J. D. P. Bertolai & R. de O. Cavalcanti & P. K. Monteiro, 2019. "Bank runs with many small banks and mutual guarantees at the terminal stage," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 68(1), pages 125-176, July.

  49. Harold L. Cole & Timothy J. Kehoe, 1996. "A self-fulfilling model of Mexico's 1994-95 debt crisis," Staff Report 210, Federal Reserve Bank of Minneapolis.

    Cited by:

    1. Adler, Gustavo & Lizarazo, Sandra, 2015. "Intertwined sovereign and bank solvencies in a simple model of self-fulfilling crisis," International Review of Economics & Finance, Elsevier, vol. 39(C), pages 428-448.
    2. Daniel Cohen & Sébastien Villemot, 2012. "The sovereign default puzzle: Modelling issues and lessons for Europe," Working Papers halshs-00692038, HAL.
    3. Jorge Alonso-Ortiz & Esteban Colla & José-María Da-Rocha, 2017. "The productivity cost of sovereign default: evidence from the European debt crisis," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 64(4), pages 611-633, December.
    4. Martin Bruns & Mr. Tigran Poghosyan, 2016. "Leading Indicators of Fiscal Distress: Evidence from the Extreme Bound Analysis," IMF Working Papers 2016/028, International Monetary Fund.
    5. Aloisio Araujo & Marcia Leon & Rafael Santos, 2016. "Bargained Haircuts and Debt Policy Implications," Working Papers Series 416, Central Bank of Brazil, Research Department.
    6. Roch, Francisco & Uhlig, Harald, 2018. "The dynamics of sovereign debt crises and bailouts," Journal of International Economics, Elsevier, vol. 114(C), pages 1-13.
    7. Christophe Blot & Bruno Ducoudre & Xavier Timbeau, 2016. "Sovereign debt spread and default in a model with self-fulfilling prophecies and asymmetric information," Post-Print hal-03411199, HAL.
    8. David Llewellyn, 2000. "Some Lessons for Regulation from Recent Bank Crises," Open Economies Review, Springer, vol. 11(1), pages 69-109, August.
    9. Burnside, Craig & Eichenbaum, Martin & Rebelo, Sergio, 2004. "Government guarantees and self-fulfilling speculative attacks," Journal of Economic Theory, Elsevier, vol. 119(1), pages 31-63, November.
    10. Corsetti, Giancarlo & Guimaraes, Bernardo & Roubini, Nouriel, 2006. "International lending of last resort and moral hazard: A model of IMF's catalytic finance," Journal of Monetary Economics, Elsevier, vol. 53(3), pages 441-471, April.
    11. Paola Montero Ledezma, 2018. "The Role of Politics in Crisis in Financial Markets," Investigación & Desarrollo 0118, Universidad Privada Boliviana, revised Nov 2018.
    12. Chanelle Duley & Prasanna Gai, 2020. "When the penny doesn't drop - Macroeconomic tail risk and currency crises," National Institute of Economic and Social Research (NIESR) Discussion Papers 520, National Institute of Economic and Social Research.
    13. Enrique Mendoza, 2002. "¿Por qué deben las economías emergentes renunciar a su moneda nacional? El argumento a favor," Research Department Publications 4310, Inter-American Development Bank, Research Department.
    14. Jose A. Lopez & Kris James Mitchener, 2018. "Uncertainty and Hyperinflation: European Inflation Dynamics after World War I," CESifo Working Paper Series 7066, CESifo.
    15. Piersanti, Giovanni, 2012. "The Macroeconomic Theory of Exchange Rate Crises," OUP Catalogue, Oxford University Press, number 9780199653126.
    16. Stefan Niemann & Paul Pichler, 2017. "Optimal fiscal policy and sovereign debt crises," Working Papers 218, Oesterreichische Nationalbank (Austrian Central Bank).
    17. Michael Stiefel & Rémi Vivès, 2019. "'Whatever it Takes' to Change Belief: Evidence from Twitter," Working Papers halshs-02053429, HAL.
    18. Guido Lorenzoni & Ivan Werning, 2013. "Slow Moving Debt Crises," NBER Working Papers 19228, National Bureau of Economic Research, Inc.
    19. Ang, Andrew & Longstaff, Francis A., 2013. "Systemic sovereign credit risk: Lessons from the U.S. and Europe," Journal of Monetary Economics, Elsevier, vol. 60(5), pages 493-510.
    20. Winkler, Adalbert, 2013. "Der lender of last resort vor Gericht," Frankfurt School - Working Paper Series 206, Frankfurt School of Finance and Management.
    21. Eijffinger, S.C.W. & Goderis, B.V.G., 2005. "Currency Crisis, Monetary Policy and Corporate Balance Sheet Vulnerabilities," Discussion Paper 2005-113, Tilburg University, Center for Economic Research.
    22. Luis Carranza & Mr. Chorng-Huey Wong, 1998. "Policy Responses to External Imbalances in Emerging Market Economies: Further Empirical Results," IMF Working Papers 1998/103, International Monetary Fund.
    23. Alonso-Ortiz, Jorge & Colla, Esteban & Da-Rocha, Jose-Maria, 2014. "Bounding the productivity default shock : Evidence from the The European Sovereign Debt Crisis," MPRA Paper 59617, University Library of Munich, Germany.
    24. Sebastian Dullien & Barbara Fritz & Laurissa Mühlich, 2013. "Regional Monetary Cooperation: Lessons from the Euro Crisis for Developing Areas?," World Economic Review, World Economics Association, vol. 2013(2), pages 1-1, February.
    25. Javier Bianchi, 2019. "Monetary Independence and Rollover Crises," 2019 Meeting Papers 1367, Society for Economic Dynamics.
    26. Ajit, Singh, 1998. "'Asian capitalism' and the financial crisis," MPRA Paper 24937, University Library of Munich, Germany.
    27. Cristina Arellano & Ananth Ramanarayanan, 2008. "Default and the maturity structure in sovereign bonds," Globalization Institute Working Papers 19, Federal Reserve Bank of Dallas.
    28. Claudia S. Gómez-López & Luis A. Puch, 2008. "Uso de Energía en Economías Exportadoras de Petróleo," Economic Reports 24-08, FEDEA.
    29. Giancarlo Marini & Giovanni Piersanti, 2003. "Fiscal Deficits and Currency Crises," CEIS Research Paper 15, Tor Vergata University, CEIS.
    30. Karl Whelan, 2013. "Sovereign Default and the Euro," Working Papers 201309, School of Economics, University College Dublin.
    31. Balaga Mohana Rao & Puja Padhi, 2019. "Identifying the Early Warnings of Currency Crisis in India," Foreign Trade Review, , vol. 54(4), pages 269-299, November.
    32. Gian Maria Milesi Ferretti & Assaf Razin, 1999. "Current Account Deficits and Capital Flows in East Asia and Latin America: Are the Early Nineties Different From the Early Eighties," NBER Chapters, in: Changes in Exchange Rates in Rapidly Developing Countries: Theory, Practice, and Policy Issues, pages 57-108, National Bureau of Economic Research, Inc.
    33. Corsetti, G. & Erce, A. & Uy, T., 2018. "Debt Sustainability and the Terms of Official Support," Cambridge Working Papers in Economics 1864, Faculty of Economics, University of Cambridge.
    34. Baer, Werner & Hargis, Kent, 1997. "Forms of external capital and economic development in Latin America: 1820-1997," World Development, Elsevier, vol. 25(11), pages 1805-1820, November.
    35. Guillermo A. Calvo, 2000. "Balance-of-Payments Crises in Emerging Markets: Large Capital Inflows and Sovereign Governments," NBER Chapters, in: Currency Crises, pages 71-97, National Bureau of Economic Research, Inc.
    36. Roberto Rigobon, 2000. "Comment on "Balance-of-Payments Crises in Emerging Markets: Large Capital Inflows and Sovereign Governments"," NBER Chapters, in: Currency Crises, pages 97-104, National Bureau of Economic Research, Inc.
    37. Mr. Paul R Masson, 1998. "Contagion: Monsoonal Effects, Spillovers, and Jumps Between Multiple Equilibria," IMF Working Papers 1998/142, International Monetary Fund.
    38. Zilibotti, Fabrizio & Storesletten, Kjetil & Müller, Andreas, 2015. "Sovereign Debt and Structural Reforms," CEPR Discussion Papers 10588, C.E.P.R. Discussion Papers.
    39. André Cartapanis & Vincent Dropsy & Sophie Mametz, 2002. "The Asian Currency Crises: Vulnerability, Contagion, or Unsustainability," Review of International Economics, Wiley Blackwell, vol. 10(1), pages 79-91, February.
    40. Zhao, Yan, 2013. "Borrowing constraints and the trade balance–output comovement," Economic Modelling, Elsevier, vol. 32(C), pages 34-41.
    41. Kenny, Charles J. & Moss, Todd J., 1998. "Stock markets in Africa: Emerging lions or white elephants?," World Development, Elsevier, vol. 26(5), pages 829-843, May.
    42. Enrique Mendoza, 2002. "Why Should Emerging Economies Give Up National Currencies? A Case for Institutions Substitution," Research Department Publications 4309, Inter-American Development Bank, Research Department.
    43. Stangebye, Zachary R., 2020. "Beliefs and long-maturity sovereign debt," Journal of International Economics, Elsevier, vol. 127(C).
    44. Dooley, Michael P., 1997. "Financial Liberalization and Policy Challenges," IDB Publications (Working Papers) 6075, Inter-American Development Bank.
    45. W.H. Buiter & A Sibert, 1999. "UDROP: A Small Contribution to the International Financial Architecture," CEP Discussion Papers dp0425, Centre for Economic Performance, LSE.
    46. Chin-Shien Lin & Haider A. Khan & Ying-Chieh Wang & Ruei-Yuan Chang, 2006. "A New Approach to Modeling Early Warning Systems for Currency Crises : can a machine-learning fuzzy expert system predict the currency crises effectively?," CARF F-Series CARF-F-065, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
    47. Matsuoka, Tarishi, 2018. "Banks and liquidity crises in emerging market economies," Journal of Economic Dynamics and Control, Elsevier, vol. 94(C), pages 43-62.
    48. Kuvshinov, Dmitry & Zimmermann, Kaspar, 2019. "Sovereigns going bust: Estimating the cost of default," European Economic Review, Elsevier, vol. 119(C), pages 1-21.
    49. Miller, Marcus & Rankin, Neil & Zhang, Lei, 2012. "Borrowing from thy neighbour: a European perspective on sovereign debt," CAGE Online Working Paper Series 73, Competitive Advantage in the Global Economy (CAGE).
    50. Betty C. Daniel & Christos Shiamptanis, 2010. "Sovereign Default Risk in a Monetary Union," Working Papers 2010-3, Central Bank of Cyprus.
    51. Dongchul Cho & Kiseok Hong, 2001. "Currency Crisis of Korea: Internal Weakness or External Interdependence?," NBER Chapters, in: Regional and Global Capital Flows: Macroeconomic Causes and Consequences, pages 337-373, National Bureau of Economic Research, Inc.
    52. Ari, Ali, 2012. "Early warning systems for currency crises: The Turkish case," Economic Systems, Elsevier, vol. 36(3), pages 391-410.
    53. Fabrice Tourre, 2017. "A Macro-Finance Approach to Sovereign Debt Spreads and Returns," 2017 Meeting Papers 13, Society for Economic Dynamics.
    54. Paula Lourdes Hernández Verme & Mónica Karina Rosales Pérez, 2016. "Applications of sudden stops of international capital to the Mexican economy," Working Papers 74, Peruvian Economic Association.
    55. Eduardo Levy Yeyati, 2009. "Optimal Debt? On the Insurance Value of International Debt Flows to Developing Countries," Open Economies Review, Springer, vol. 20(4), pages 489-507, September.
    56. Guillermo A. Calvo, 2002. "Globalization Hazard and Delayed Reform in Emerging Markets," Economía Journal, The Latin American and Caribbean Economic Association - LACEA, vol. 0(Spring 20), pages 1-31, January.
    57. Jason Furman & Joseph E. Stiglitz, 1998. "Economic Crises: Evidence and Insights from East Asia," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 29(2), pages 1-136.
    58. Araujo, Aloisio & Leon, Marcia & Santos, Rafael, 2013. "Welfare analysis of currency regimes with defaultable debts," Journal of International Economics, Elsevier, vol. 89(1), pages 143-153.
    59. Nöh, Lukas, 2019. "Increasing public debt and the role of central bank independence for debt maturities," European Economic Review, Elsevier, vol. 119(C), pages 179-198.
    60. Mauro Ferreira, 2007. "Debt Maturity in a Small Open Economy Under Inflation Target," EcoMod2007 23900024, EcoMod.
    61. Michael P. Dooley, 1997. "Apertura financiera y retos de políticas," Research Department Publications 4103, Inter-American Development Bank, Research Department.
    62. Percival Pineda, 2017. "Financial liberalization and private sector borrowing in ASEAN 4 economies 1990–2012," Eurasian Economic Review, Springer;Eurasia Business and Economics Society, vol. 7(2), pages 277-295, August.
    63. Josef C. Brada & Vladimír Tomšík, 2004. "Zahraniční investice a náchylnost k měnovým krizím: zkušenosti tranzitivních ekonomik [Foreign investment and perceptions of vulnerability to foreign exchange crises: evidence from transition econo," Politická ekonomie, Prague University of Economics and Business, vol. 2004(3), pages 313-329.

  50. Timothy J. Kehoe, 1996. "Social accounting matrices and applied general equilibrium models," Working Papers 563, Federal Reserve Bank of Minneapolis.

    Cited by:

    1. Adelar Fochezatto & Rosana Curzel, 2001. "Método de Obtenção da Matriz de Contabilidade Social Regional: Rio Grande do Sul, 1995," Anais do XXIX Encontro Nacional de Economia [Proceedings of the 29th Brazilian Economics Meeting] 083, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    2. Ignacio Cazcarro & Rosa Duarte & Julio Sanchez Choliz & Cristina Sarasa, 2011. "Water Rates And The Responsibilities Of Direct, Indirect And End-Users In Spain," Economic Systems Research, Taylor & Francis Journals, vol. 23(4), pages 409-430, August.
    3. Cho, Sang-Wook (Stanley) & Díaz, Julián P., 2013. "Trade integration and the skill premium: Evidence from a transition economy," Journal of Comparative Economics, Elsevier, vol. 41(2), pages 601-620.
    4. Andreas Peichl, 2009. "The benefits and problems of linking micro and macromodels - Evidence from a flat tax analysis," Journal of Applied Economics, Universidad del CEMA, vol. 12, pages 301-329, November.
    5. Sang-Wook Stanley Cho & Julian P. Diaz, 2007. "Trade Liberalization in Latin America and Eastern Europe: The Cases of Ecuador and Slovenia," Discussion Papers 2007-25, School of Economics, The University of New South Wales.
    6. Peichl, Andreas, 2005. "Die Evaluation von Steuerreformen durch Simulationsmodelle," FiFo Discussion Papers - Finanzwissenschaftliche Diskussionsbeiträge 05-1, University of Cologne, FiFo Institute for Public Economics.
    7. Peichl, Andreas, 2008. "The benefits of linking CGE and Microsimulation Models - Evidence from a Flat Tax analysis," FiFo Discussion Papers - Finanzwissenschaftliche Diskussionsbeiträge 08-6, University of Cologne, FiFo Institute for Public Economics.
    8. Sang-Wook (Stanley) Cho & Julian P. Diaz, 2008. "Welfare Impact of Trade Liberalization," Discussion Papers 2008-20, School of Economics, The University of New South Wales.
    9. Sang-Wook (Stanley) Cho & Juliàn P. Dìaz, 2014. "Accounting for Skill Premium Patterns during the EU Accession: Productivity or Trade?," Discussion Papers 2014-14, School of Economics, The University of New South Wales.
    10. Tae-Jeong Kim & Geoffrey J. D. Hewings, 2013. "Inter-regional endogenous growth under the impacts of demographic changes," Applied Economics, Taylor & Francis Journals, vol. 45(24), pages 3431-3449, August.
    11. Sang-Wook (Stanley) Cho & Gordon Yoon, 2014. "Sectoral analysis of an Australia–India free trade agreement," Journal of the Asia Pacific Economy, Taylor & Francis Journals, vol. 19(2), pages 205-229, April.
    12. Dario Debowicz, 2016. "A social accounting matrix for Iraq," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 5(1), pages 1-19, December.
    13. Hidayat Amir & Ferry Irawan & Djoni Hartono & Anda Nugroho, 2015. "The Development of Fiscal Social Accounting Matrix for Indonesia," Working Papers in Economics and Business 201506, Faculty of Economics and Business, University of Indonesia, revised Oct 2015.

  51. Timothy J. Kehoe & Clemente Polo & Ferran Sancho, 1994. "An evaluation of the performance of an applied general equilibrium model of the Spanish economy," Working Papers 480, Federal Reserve Bank of Minneapolis.

    Cited by:

    1. Manuel Alejandro Cardenete & Ferran Sancho, 2010. "The Role of Supply Constraints in Multiplier Analysis," Working Papers 432, Barcelona School of Economics.
    2. Oscar Bajo-Rubio & Antonio G. Gómez-Plana, 2015. "Alternative Strategies to Reduce Public Deficits: Taxes vs. Spending," Journal of Applied Economics, Taylor & Francis Journals, vol. 18(1), pages 45-70, May.
    3. M. Alejandro Cardenete & M. Carmen Lima & Ferran Sancho, 2013. "Are There Key Sectors? An Appraisal Using Applied General Equilibrium," The Review of Regional Studies, Southern Regional Science Association, vol. 43(2,3), pages 111-129, Winter.
    4. Hertel, Thomas, 2013. "Global Applied General Equilibrium Analysis Using the Global Trade Analysis Project Framework," Handbook of Computable General Equilibrium Modeling, in: Peter B. Dixon & Dale Jorgenson (ed.), Handbook of Computable General Equilibrium Modeling, edition 1, volume 1, chapter 0, pages 815-876, Elsevier.
    5. Federico Perali & Stefania Lovo, 2009. "Counterfactual analysis using a regional dynamic general equilibrium model with historical calibration," Working Papers 58/2009, University of Verona, Department of Economics.
    6. Manresa, Antonio & Sancho, Ferran, 2005. "Implementing a double dividend: recycling ecotaxes towards lower labour taxes," Energy Policy, Elsevier, vol. 33(12), pages 1577-1585, August.
    7. Hong, Chanyoung & Yang, Heewon & Hwang, Wonsik & Lee, Jeong-Dong, 2014. "Validation of an R&D-based computable general equilibrium model," Economic Modelling, Elsevier, vol. 42(C), pages 454-463.
    8. Cansino, JM & Cardenete, MA & González-Limón, JM & Román, R, 2013. "Economic impacts of biofuels deployment in Andalusia," Renewable and Sustainable Energy Reviews, Elsevier, vol. 27(C), pages 274-282.
    9. Eugenio Arima & Paulo Barreto & Farzad Taheripour & Angel Aguiar, 2021. "Dynamic Amazonia: The EU–Mercosur Trade Agreement and Deforestation," Land, MDPI, vol. 10(11), pages 1-23, November.
    10. David Glotin & Cyril Bourgeois & Louis-Gaëtan Giraudet & Philippe Quirion, 2019. "Prediction is difficult, even when it's about the past: a hindcast experiment using Res-IRF, an integrated energy-economy model," Working Papers 2019.03, FAERE - French Association of Environmental and Resource Economists.
    11. F J André & M A Cardenete & C Romero, 2008. "Using compromise programming for macroeconomic policy making in a general equilibrium framework: theory and application to the Spanish economy," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 59(7), pages 875-883, July.
    12. Kehoe, Timothy J., 2002. "An Evaluation of the Performance of Applied General Equilibrium Models of the Impact of NAFTA," Conference papers 331066, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    13. Lay, Jann & Thiele, Rainer & Wiebelt, Manfred, 2005. "External Shocks, Policy Reforms, and Pro-Poor Growth in Bolivia," Conference papers 331333, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    14. Simon Koesler & Michael Schymura, 2015. "Substitution Elasticities In A Constant Elasticity Of Substitution Framework - Empirical Estimates Using Nonlinear Least Squares," Economic Systems Research, Taylor & Francis Journals, vol. 27(1), pages 101-121, March.
    15. Michiel van Dijk & George Philippidis & Geert Woltjer, 2016. "Catching up with history: A methodology to validate global CGE models," FOODSECURE Technical papers 9, LEI Wageningen UR.
    16. Riccardo Magnani & Jean Mercenier, 2007. "On linking microsimulation and applied GE by exact aggregation of heterogeneous discrete-choice making agents," THEMA Working Papers 2007-06, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
    17. Pilar Campoy-Muñoz & Manuel Alejandro Cardenete & María del Carmen Delgado & Geoffrey J.D. Hewings, 2016. "Effects of a reduction in employers’ Social Security contributions: Evidence from Spain," Working Papers 2016-001, Universidad Loyola Andalucía, Department of Economics.
    18. Timothy J. Kehoe, 1992. "Modeling the dynamic impact of North American free trade," Working Papers 491, Federal Reserve Bank of Minneapolis.
    19. Chang Seung & Edward Waters, 2010. "Evaluating Supply-Side And Demand-Side Shocks For Fisheries: A Computable General Equilibrium (Cge) Model For Alaska," Economic Systems Research, Taylor & Francis Journals, vol. 22(1), pages 87-109.
    20. Mark D. Partridge & Dan S. Rickman, 1998. "Regional Computable General Equilibrium Modeling: A Survey and Critical Appraisal," International Regional Science Review, , vol. 21(3), pages 205-248, December.
    21. Arndt, Channing & Robinson, Sherman & Tarp, Finn, 2002. "Parameter estimation for a computable general equilibrium model: a maximum entropy approach," Economic Modelling, Elsevier, vol. 19(3), pages 375-398, May.
    22. Zhao, Xin & Calvin, Katherine V. & Wise, Marshall A. & Iyer, Gokul, 2021. "The role of global agricultural market integration in multiregional economic modeling: Using hindcast experiments to validate an Armington model," Economic Analysis and Policy, Elsevier, vol. 72(C), pages 1-17.
    23. Dixon, Peter B. & Rimmer, Maureen T., 2013. "Validation in Computable General Equilibrium Modeling," Handbook of Computable General Equilibrium Modeling, in: Peter B. Dixon & Dale Jorgenson (ed.), Handbook of Computable General Equilibrium Modeling, edition 1, volume 1, chapter 0, pages 1271-1330, Elsevier.
    24. Timothy J. Kehoe, 1996. "Social accounting matrices and applied general equilibrium models," Working Papers 563, Federal Reserve Bank of Minneapolis.
    25. André, Francisco J. & Cardenete, M. Alejandro, 2009. "Defining efficient policies in a general equilibrium model: a multi-objective approach," Socio-Economic Planning Sciences, Elsevier, vol. 43(3), pages 192-200, September.
    26. Kawasaki, Kenichi, 2005. "The Sectoral and Regional Implications of Trade Liberalization," Conference papers 331385, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    27. Chang Seung & Daniel Lew, 2013. "Accounting for variation in exogenous shocks in economic impact modeling," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 51(3), pages 711-730, December.
    28. Francisco Andre & M. Alejandro Cardenete, 2009. "Designing Efficient Subsidy Policies in a Regional Economy: A Multicriteria Decision-Making (MCDM)-Computable General Equilibrium (CGE) Approach," Regional Studies, Taylor & Francis Journals, vol. 43(8), pages 1035-1046.
    29. Valenzuela, Ernesto & Anderson, Kym & Hertel, Thomas, 2008. "Impacts of Trade Reform: Sensitivity of Model Results to Key Assumptions," Conference papers 331775, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    30. T.N. Srinivasan, 2010. "Global Economic Institutional, Intellectual and Religious Contacts: A Brief History," Chapters, in: Robert E.B. Lucas & Lyn Squire & T. N. Srinivasan (ed.), Global Exchange and Poverty, chapter 1, Edward Elgar Publishing.
    31. Atolia, Manoj & Yoshinori, Kurokawa, 2008. "Variety Trade and Skill Premium in a Calibrated General Equilibrium Model: The Case of Mexico," MPRA Paper 13698, University Library of Munich, Germany.
    32. Francisco Javier De Miguel & Manuel Alejandro Cardenete & Jesús Pérez, 2006. "Effects of the Tax on Retail Sales of Some Fuels on a regional economy: a computable general equilibrium approach," Working Papers 06.05, Universidad Pablo de Olavide, Department of Economics.
    33. Sami Bibi & Rim Chatti, 2006. "Trade Liberalization and the Dynamics of Poverty in Tunisia: a Layered CGE Microsimulation Analysis/Libéralisation des échanges et dynamique de la pauvreté en Tunisie: Analyse avec une micro-simulatio," Working Papers MPIA 2006-07, PEP-MPIA.
    34. Tambunan, Tulus, 2006. "Likely Impact of the WTO “July Package” 2004 Agreement on Trade Liberalization in Agriculture on Poverty in Indonesia: A Comparative Study Between A Partial Equilibrium Model and Existing CGE/GTAP Bas," Conference papers 331451, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    35. Hertel, Thomas W. & Keeney, Roman & Valenzuela, Ernesto, 2004. "Global Analysis of Agricultural Trade Liberalization: Assessing Model Validity," Conference papers 331270, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    36. Mark Partridge & Dan Rickman, 2010. "Computable General Equilibrium (CGE) Modelling for Regional Economic Development Analysis," Regional Studies, Taylor & Francis Journals, vol. 44(10), pages 1311-1328.
    37. Pohit, Sanjib & Chadha, Rajesh & Pratap, Devender & Ghosh, B. K., 1999. "Validating Prediction of a CGE Model of India: An Introspection," MPRA Paper 94860, University Library of Munich, Germany.
    38. Álvarez-Martínez, María Teresa & Polo, Clemente, 2012. "A general equilibrium assessment of external and domestic shocks in Spain," Economic Modelling, Elsevier, vol. 29(6), pages 2486-2493.
    39. Cardenete, M.A. & López-Cabaco, R., 2021. "Economic and environmental impact of the new Mediterranean Rail Corridor in Andalusia: A dynamic CGE approach," Transport Policy, Elsevier, vol. 102(C), pages 25-34.
    40. Gómez Plana, Antonio G. & Latorre, María C., 2013. "When multinationals leave: A CGE analysis of the impact of divestments," Economics Discussion Papers 2013-45, Kiel Institute for the World Economy (IfW Kiel).
    41. Duncan, Alan & Hutton, John & Laroui, Fouad & Ruocco, Anna, 1997. "The labour market effects of VAT harmonisation in a multicountry AGE model," Tübinger Diskussionsbeiträge 112, University of Tübingen, School of Business and Economics.
    42. Francisco J. André & M. Alejandro Cardenete & Carlos Romero, 2007. "A goal programming approach for a joint design of macroeconomic and environmental policies: a methodological proposal and an application to the spanish economy," Working Papers 07.12, Universidad Pablo de Olavide, Department of Economics.
    43. María Montero-Muñoz, 2000. "Estructura demográfica y sistemas de pensiones," Investigaciones Economicas, Fundación SEPI, vol. 24(2), pages 297-327, May.
    44. Dan S. Rickman, 2010. "Modern Macroeconomics And Regional Economic Modeling," Journal of Regional Science, Wiley Blackwell, vol. 50(1), pages 23-41, February.
    45. María C. Latorre, 2009. "The economic analysis of multinationals and foreign direct investment: a review," Hacienda Pública Española / Review of Public Economics, IEF, vol. 191(4), pages 97-126, December.
    46. Robson, Edward N. & Wijayaratna, Kasun P. & Dixit, Vinayak V., 2018. "A review of computable general equilibrium models for transport and their applications in appraisal," Transportation Research Part A: Policy and Practice, Elsevier, vol. 116(C), pages 31-53.
    47. Beckman, Jayson & Hertel, Thomas & Tyner, Wallace, 2011. "Validating energy-oriented CGE models," Energy Economics, Elsevier, vol. 33(5), pages 799-806, September.
    48. Fehr, Hans & Wiegard, Wolfgang, 1996. "Numerische Gleichgewichtsmodelle: Grundstruktur, Anwendungen und Erkenntnisgehalt," Tübinger Diskussionsbeiträge 75, University of Tübingen, School of Business and Economics.
    49. Timothy J. Kehoe & Pau S. Pujolas & Jack Rossbach, 2018. "Improving the Analysis of Trade Policy," Economic Policy Paper 18-1, Federal Reserve Bank of Minneapolis.
    50. Sancho, Ferran, 2010. "Double dividend effectiveness of energy tax policies and the elasticity of substitution: A CGE appraisal," Energy Policy, Elsevier, vol. 38(6), pages 2927-2933, June.
    51. Clemente Polo & Elisabeth Valle, 2008. "A General Equilibrium Assessment of the Impact of a Fall in Tourism Under Alternative Closure Rules: the Case of the Balearic Islands," International Regional Science Review, , vol. 31(1), pages 3-34, January.
    52. Tarp, Finn & Arndt, Channing & Jensen, Henning Tarp & Robinson, Sherman & Heltberg, Rasmus, 2002. "Facing the development challenge in Mozambique: an economywide perspective," Research reports 126, International Food Policy Research Institute (IFPRI).
    53. Antonio Gómez Gómez-Plana, "undated". "Simulación De Políticas Económicas: Los Modelos De Equilibrio General Aplicado," Working Papers 35-02 Classification-JEL , Instituto de Estudios Fiscales.
    54. Patrick J. Kehoe & Timothy J. Kehoe, 1994. "A primer on static applied general equilibrium models," Quarterly Review, Federal Reserve Bank of Minneapolis, vol. 18(Spr), pages 2-16.
    55. María Montero, "undated". "Estructura demográfica y sistema de pensiones. Un análisis de equilibrio general aplicado a la economía espanola," Studies on the Spanish Economy 16, FEDEA.
    56. Li, NaiChia & Roe, Terry L., 2006. "Validating Dynamic General Equilibrium Model Forecasts," 2006 Annual meeting, July 23-26, Long Beach, CA 21325, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    57. Clemente Polo & Raimundo Viejo, 2015. "On The Accuracy Of Cge Forecasts In Expansion And Recession: Spain 1990--1997," Economic Systems Research, Taylor & Francis Journals, vol. 27(4), pages 525-542, December.
    58. Hertel, Thomas W. & Masters, William A. & Gehlhar, Mark J., 1997. "Regionalism in World Food Markets: Implications for Trade and Welfare," 1997 Conference, August 10-16, 1997, Sacramento, California 197046, International Association of Agricultural Economists.
    59. John Whalley, 2000. "What Can The Developing Countries Infer Fromthe Uruguay Round Models For Future Negotiations," UNCTAD Blue Series Papers 4, United Nations Conference on Trade and Development.
    60. Inchausti-Sintes, Federico, 2015. "Tourism: Economic growth, employment and Dutch Disease," Annals of Tourism Research, Elsevier, vol. 54(C), pages 172-189.
    61. P. Campoy-Muñoz & M. A. Cardenete & F. J. De Miguel-Vélez & J. Pérez-Mayo, 2022. "How does fiscal austerity impact on poverty and inequality? The Spanish case," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 39(3), pages 715-737, October.
    62. Mar�a Teresa �lvarez-Mart�nez & Clemente Polo, 2014. "Reduce Employers' Social Security Contributions And Control Labor Fraud: Remedies For Spain'S Ailing Economy?," Economic Systems Research, Taylor & Francis Journals, vol. 26(2), pages 141-154, June.
    63. Dixon, Peter B. & Rimmer, Maureen T., 2009. "Simulating the U.S. recession," Conference papers 331862, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    64. Francisco J. André & M. Alejandro Cardenete Flores, 2006. "Designing Efficient Policies in a Regional Economy. A MCDM-CGE Approach," Economic Working Papers at Centro de Estudios Andaluces E2006/03, Centro de Estudios Andaluces.
    65. Koesler, Simon, 2014. "Specifying parameters in computable general equilibrium models using optimal fingerprint detection methods," ZEW Discussion Papers 14-092, ZEW - Leibniz Centre for European Economic Research.
    66. Barkhordar, Zahra A. & Saboohi, Yadollah, 2013. "Assessing alternative options for allocating oil revenue in Iran," Energy Policy, Elsevier, vol. 63(C), pages 1207-1216.
    67. Devarajan, Shantayanan & Robinson, Sherman, 2013. "Contribution of Computable General Equilibrium Modeling to Policy Formulation in Developing Countries," Handbook of Computable General Equilibrium Modeling, in: Peter B. Dixon & Dale Jorgenson (ed.), Handbook of Computable General Equilibrium Modeling, edition 1, volume 1, chapter 0, pages 277-301, Elsevier.
    68. Johannes Ziesmer & Ding Jin & Sneha D Thube & Christian Henning, 2023. "A Dynamic Baseline Calibration Procedure for CGE models," Computational Economics, Springer;Society for Computational Economics, vol. 61(4), pages 1331-1368, April.
    69. Francisco J. André & Manuel Alejandro Cardenete, 2005. "Multicriteria Policy Making. Defining Efficient Policies in a General Equilibrium Model," Economic Working Papers at Centro de Estudios Andaluces E2005/04, Centro de Estudios Andaluces.
    70. Cansino, J.M. & Cardenete, M.A. & González-Limón, J.M. & Román, R., 2014. "The economic influence of photovoltaic technology on electricity generation: A CGE (computable general equilibrium) approach for the Andalusian case," Energy, Elsevier, vol. 73(C), pages 70-79.

  52. Timothy J Kehoe & David K Levine, 1993. "Debt Constrained Asset Markets," Levine's Working Paper Archive 1276, David K. Levine.

    Cited by:

    1. Thomas Cooley & Ramon Marimon & Vincenzo Quadrini, 2003. "Aggregate Consequences of Limited Contract Enforceability," NBER Working Papers 10132, National Bureau of Economic Research, Inc.
    2. Julio Davila & J.H. Jong & Per Krusell & José-Victor Rios Rull, 2012. "Constrainted efficiency in the neoclassical growth model with uninsurable idiosyncratic skocks," PSE-Ecole d'économie de Paris (Postprint) halshs-00751900, HAL.
    3. Roldán-Peña Jessica, 2012. "Default Risk and Economic Activity: A Small Open Economy Model with Sovereign Debt and Default," Working Papers 2012-16, Banco de México.
    4. Martin Bodenstein, 2006. "International Asset Markets and Real Exchange Rate Volatility," International Finance Discussion Papers 884, Board of Governors of the Federal Reserve System (U.S.).
    5. Hanno Lustig, 2001. "The Market Price of Aggregate Risk and the Wealth Distribution," Finance 0111004, University Library of Munich, Germany, revised 16 Nov 2001.
    6. Radim Bohacek, 2001. "Capital Accumulation in an Economy with Heterogeneous Agents and Moral Hazard," GE, Growth, Math methods 0012001, University Library of Munich, Germany.
    7. S. Viswanathan & Adriano Rampini, 2009. "Collateral and Capital Structure," 2009 Meeting Papers 525, Society for Economic Dynamics.
    8. Dirk Krueger & Fabrizio Perri, 2002. "Does Income Inequality Lead to Consumption Inequality? Evidence and Theory," NBER Working Papers 9202, National Bureau of Economic Research, Inc.
    9. Mark Aguiar & Manuel Amador, 2015. "Fiscal Policy in Debt Constrained Economies," Staff Report 518, Federal Reserve Bank of Minneapolis.
    10. Elena Del Rey & Bertrand Verheyden, 2008. "Loans, Insurance and Failures in the Credit Market for Students," Working Papers 359, Barcelona School of Economics.
    11. Vyacheslav Arbuzov & Yu Awaya & Hiroki Fukai & Makoto Watanabe, 2019. "Endogenous Repo Cycles," CESifo Working Paper Series 7518, CESifo.
    12. Patrick Bolton & Neng Wang & Jinqiang Yang, 2019. "Optimal Contracting, Corporate Finance, and Valuation with Inalienable Human Capital," Journal of Finance, American Finance Association, vol. 74(3), pages 1363-1429, June.
    13. Brian D. Wright & Kenneth M. Kletzer, 2000. "Sovereign Debt as Intertemporal Barter," American Economic Review, American Economic Association, vol. 90(3), pages 621-639, June.
    14. Miao, Jianjun, 2014. "Introduction to economic theory of bubbles," Journal of Mathematical Economics, Elsevier, vol. 53(C), pages 130-136.
    15. Joao Gomes & Amir Yaron & Lu Zhang, 2002. "Asset Pricing Implications of Firms' Financing Constraints," NBER Working Papers 9365, National Bureau of Economic Research, Inc.
    16. Gianluca Benigno & Huigang Chen & Christopher Otrok & Alessandro Rebucci & Eric Young, 2012. "Capital controls or exchange rate policy? a pecuniary externality perspective," Working Papers 2012-025, Federal Reserve Bank of St. Louis.
    17. Azariadis, Costas & Stachurski, John, 2005. "Poverty Traps," Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 1, chapter 5, Elsevier.
    18. Dirk Krueger & Harald Uhlig, 2003. "Competitive Risk Sharing Contracts with One-Sided Commitment," Levine's Bibliography 666156000000000407, UCLA Department of Economics.
    19. Gaetano Antinolfi & Costas Azariadis & James B. Bullard, 2008. "The optimal inflation target in an economy with limited enforcement," Speech 166, Federal Reserve Bank of St. Louis.
    20. Bidian, Florin, 2016. "Robust bubbles with mild penalties for default," Journal of Mathematical Economics, Elsevier, vol. 65(C), pages 141-153.
    21. Lance Lochner & Alexander Monge-Naranjo, 2011. "Credit Constraints in Education," NBER Working Papers 17435, National Bureau of Economic Research, Inc.
    22. Sangeeta Pratap & Silvio Rendon, 2003. "Firm Investment in Imperfect Capital Markets: A Structural Estimation," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 6(3), pages 513-545, July.
    23. Reichlin, Pietro & Bloise, Gaetano & Tirelli, Mario, 2009. "Indeterminacy of Competitive Equilibrium with Risk of Default," CEPR Discussion Papers 7477, C.E.P.R. Discussion Papers.
    24. Timothy J Kehoe & David K Levine, 2006. "Bankruptcy and Collateral in Debt Constrained Models," Levine's Working Paper Archive 784828000000000698, David K. Levine.
    25. Xavier Mateos-Planas & Giulio Seccia, 2013. "Consumer Default with Complete Markets: Default-based Pricing and Finite Punishment," Working Papers 711, Queen Mary University of London, School of Economics and Finance.
    26. CASTRO, Rui & KOUMTINGUÉ, Nelnan, 2011. "On the Individual Optimality of Economic Integration," Cahiers de recherche 05-2011, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
    27. Eaton, J., 1990. "Sovereign Debt, Reputation, And Credit Terms," ISER Discussion Paper 0223, Institute of Social and Economic Research, Osaka University.
    28. Challe, E. & Le Grand, F. & Ragot, X., 2010. "Incomplete markets, liquidation risk, and the term structure of interest rates," Working papers 301, Banque de France.
    29. Caballero, Ricardo J. & Krishnamurthy, Arvind, 2001. "International and domestic collateral constraints in a model of emerging market crises," Journal of Monetary Economics, Elsevier, vol. 48(3), pages 513-548, December.
    30. David K. Levine, 2010. "Production Chains," NBER Working Papers 16571, National Bureau of Economic Research, Inc.
    31. Karantounias, Anastasios G., 2023. "Doubts about the model and optimal policy," Journal of Economic Theory, Elsevier, vol. 210(C).
    32. Emma Moreno-García & Juan Pablo Torres-Martínez, 2010. "On equilibrium existence in infinite horizon economies," Working Papers wp315, University of Chile, Department of Economics.
    33. Antunes, António & Cavalcanti, Tiago & Villamil, Anne, 2008. "The effect of financial repression and enforcement on entrepreneurship and economic development," Journal of Monetary Economics, Elsevier, vol. 55(2), pages 278-297, March.
    34. Mariacristina De Nardi & Marco Cagetti, 2005. "Estate taxes, entrepreneuship, and wealth," 2005 Meeting Papers 144, Society for Economic Dynamics.
    35. Park, JungJae, 2011. "Sovereign Default and Capital Accumulation," MPRA Paper 60150, University Library of Munich, Germany, revised Nov 2014.
    36. Randall Wright & Cathy Zhang & Guillaume Rocheteau, 2016. "Corporate Finance and Monetary Policy," 2016 Meeting Papers 97, Society for Economic Dynamics.
    37. Hechem Ajmi & Salina Kassim & Hassanuddeen Abdul Aziz & Walid Mansour, 2019. "A Literature Review of Financial Contracting Theory from the Islamic and Conventional Overviews: Contributions, Gaps, and Perspectives استعراض أدبيات نظرية التعاقد المالي من المنظور الإسلامي والتقليدي," Journal of King Abdulaziz University: Islamic Economics, King Abdulaziz University, Islamic Economics Institute., vol. 32(2), pages 25-42, January.
    38. Marco Bassetto & Marco Cagetti & Mariacristina De Nardi, 2013. "Credit Crunches and Credit Allocation in a Model of Entrepreneurship," NBER Working Papers 19296, National Bureau of Economic Research, Inc.
    39. Timothy Kehoe & Sewon Hur & Kim Ruhl & Jose Asturias, 2016. "The Interaction and Sequencing of Policy Reforms," 2016 Meeting Papers 316, Society for Economic Dynamics.
    40. Ottonello, Pablo & Perez, Diego J. & Varraso, Paolo, 2022. "Are collateral-constraint models ready for macroprudential policy design?," Journal of International Economics, Elsevier, vol. 139(C).
    41. Guido Lorenzoni, 2007. "Inefficient Credit Booms," NBER Working Papers 13639, National Bureau of Economic Research, Inc.
    42. Prasanna Gai & Sujit Kapadia & Stephen Millard & Ander Perez, 2008. "Financial Innovation, Macroeconomic Stability and Systemic Crises," Economic Journal, Royal Economic Society, vol. 118(527), pages 401-426, March.
    43. Alexander Monge-Naranjo, 2009. "Entrepreneurship and firm heterogeneity with limited enforcement," Annals of Finance, Springer, vol. 5(3), pages 465-494, June.
    44. Mengus, Eric & Roberto Pancrazi, 2015. "The Inequality Accelerator," Economic Research Papers 270216, University of Warwick - Department of Economics.
    45. Manuel Amador & Javier Bianchi, 2021. "Bank Runs, Fragility, and Credit Easing," NBER Working Papers 29397, National Bureau of Economic Research, Inc.
    46. Vlieghe, Gertjan, 2010. "Imperfect credit markets: implications for monetary policy," Bank of England working papers 385, Bank of England.
    47. Flora Lutz & Leopold Zessner-Spitzenberg, 2019. "Sudden Stops and Reserve Accumulation in the Presence of International Liquidity Risk," Vienna Economics Papers vie1907, University of Vienna, Department of Economics.
    48. Cristina Arellano & Enrique Mendoza, 2002. "Fricciones crediticias y 'paradas repentinas' en pequeñas economías abiertas: un marco de equilibrio del ciclo económico para crisis en mercados emergentes," Research Department Publications 4308, Inter-American Development Bank, Research Department.
    49. Jürgen Eichberger & Klaus Rheinberger & Martin Summer, 2014. "Credit Risk in General Equilibrium," CESifo Working Paper Series 4602, CESifo.
    50. Costas Azariadis & Leo Kaas, 2012. "Endogenous Credit Limits with Small Default Costs," Working Paper Series of the Department of Economics, University of Konstanz 2012-17, Department of Economics, University of Konstanz.
    51. Rui Li & Dana Kiku & Hengjie Ai, 2014. "A Mechanism Design Model of Firm Dynamics: The Case of Limited Commitment," 2014 Meeting Papers 855, Society for Economic Dynamics.
    52. Mendoza, Enrique G., 2000. "On the Benefits of Dollarization when Stabilization Policy Is Not Credible and Financial Markets are Imperfect," Working Papers 00-01, Duke University, Department of Economics.
    53. Gianluca Benigno & Huigang Chen & Christopher Otrok & Alessandro Rebucci & Eric R. Young, 2023. "Optimal Policy for Macrofinancial Stability," American Economic Journal: Macroeconomics, American Economic Association, vol. 15(4), pages 401-428, October.
    54. Haichao Fan & Xiang Gao, 2017. "Domestic Creditor Rights and External Private Debt," Economic Journal, Royal Economic Society, vol. 127(606), pages 2410-2440, November.
    55. Thorsten V. Koeppl, 2005. "Optimal Dynamic Risk Sharing When Enforcement Is A Decision Variable," Working Paper 1050, Economics Department, Queen's University.
    56. Bora Durdu & Enrique G. Mendoza, 2004. "Putting the brakes on Sudden Stops: the financial frictions - moral hazard tradeoff of asset price guarantees," Proceedings, Federal Reserve Bank of San Francisco, issue Jun.
    57. Le Van, Cuong & Navrouzoglou, Paulina & Vailakis, Yiannis, 2019. "On endogenous formation of price expectations," Games and Economic Behavior, Elsevier, vol. 115(C), pages 436-458.
    58. Krueger, Dirk & Lustig, Hanno & Perri, Fabrizio, 2006. "Evaluation asset pricing models with limited commitment using household consumption data," CFS Working Paper Series 2006/22, Center for Financial Studies (CFS).
    59. Grochulski, Borys & Zhang, Yuzhe, 2011. "Optimal risk sharing and borrowing constraints in a continuous-time model with limited commitment," Journal of Economic Theory, Elsevier, vol. 146(6), pages 2356-2388.
    60. Dávila, Eduardo, 2016. "Using elasticities to derive optimal bankruptcy exemptions," ESRB Working Paper Series 26, European Systemic Risk Board.
    61. Zhang, Yuzhe, 2012. "Characterization of a Risk Sharing Contract with One-Sided Commitment," MPRA Paper 42820, University Library of Munich, Germany, revised Aug 2012.
    62. Stefano BOSI & Cuong LE VAN & Ngoc-Sang PHAM, 2016. "Asset bubbles and efficiency in a generalized two-sector model," Documents de recherche 16-04, Centre d'Études des Politiques Économiques (EPEE), Université d'Evry Val d'Essonne.
    63. António R. Antunes & Tiago V. de V. Cavalcanti, 2006. "Computing General Equilibrium Models with Occupational Choice and Financial Frictions," Working Papers w200615, Banco de Portugal, Economics and Research Department.
    64. Mr. Enrique G. Mendoza & Javier Bianchi, 2011. "Overborrowing, Financial Crises and ‘Macro-prudential’ Policy," IMF Working Papers 2011/024, International Monetary Fund.
    65. Kehoe, Timothy J. & Levine, David K. & Prescott, Edward C., 2002. "Lotteries, Sunspots, and Incentive Constraints," Journal of Economic Theory, Elsevier, vol. 107(1), pages 39-69, November.
    66. Jérôme Detemple & Angel Serrat, 1998. "Dynamic Equilibrium with Liquidity Constraints," CIRANO Working Papers 98s-41, CIRANO.
    67. Manuel Santos & Juan Pablo Rincon-Zapatero, 2007. "Differentiability of the Value Function without Interiority Assumptions," Working Papers 0704, University of Miami, Department of Economics.
    68. Fernando Alvarez & Urban J. Jermann, 1999. "Quantitative Asset Pricing Implications of Endogenous Solvency Constraints," NBER Working Papers 6953, National Bureau of Economic Research, Inc.
    69. AZARIADIS, Costas & de la CROIX, David, 2002. "Growth or equality ? Losers and gainers from financial reform," LIDAM Discussion Papers CORE 2002058, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    70. Cuong Le Van & Ngoc-Sang Pham, 2016. "Intertemporal equilibrium with financial asset and physical capital," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-01302382, HAL.
    71. Borys Grochulski, 2008. "Optimal personal bankruptcy design : A Mirrlees approach," Working Paper 08-05, Federal Reserve Bank of Richmond.
    72. Ignacio Presno & Demian Pouzo, 2012. "Sovereign Default Risk and Uncertainty Premia," 2012 Meeting Papers 608, Society for Economic Dynamics.
    73. Sebastian Di Tella, 2018. "A Neoclassical Theory of Liquidity Traps," 2018 Meeting Papers 96, Society for Economic Dynamics.
    74. Gianluca Benigno & Huigang Chen & Christopher Otrok & Alessandro Rebucci & Eric R. Young, 2011. "Optimal Capital Controls and Real Exchange Rate Policies: A Pecuniary Externality Perspective," Discussion Papers 1512, Centre for Macroeconomics (CFM), revised Feb 2015.
    75. Charles Grant & Mario Padula, 2012. "Using Bounds to Investigate Household Debt Repayment Behaviour," CEDI Discussion Paper Series 12-06, Centre for Economic Development and Institutions(CEDI), Brunel University.
    76. Zachary Bethune & Guillaume Rocheteau & Russell Wong & Cathy Zhang, 2020. "Lending Relationships and Optimal Monetary Policy," Working Paper 20-13, Federal Reserve Bank of Richmond.
    77. Jose Angelo Divino & Edna Souza Lima & Jaime Orrillo, 2013. "Interest rates and default in unsecured loan markets," Quantitative Finance, Taylor & Francis Journals, vol. 13(12), pages 1925-1934, December.
    78. Destrée, Nicolas & Gente, Karine & Nourry, Carine, 2021. "Migration, remittances and accumulation of human capital with endogenous debt constraints," Mathematical Social Sciences, Elsevier, vol. 112(C), pages 38-60.
    79. Krueger, Dirk & Perri, Fabrizio, 2011. "Public versus private risk sharing," Journal of Economic Theory, Elsevier, vol. 146(3), pages 920-956, May.
    80. Díaz, Julián P., 2012. "Can enforcement constraints explain the patterns of capital flows after financial liberalizations?," Journal of International Money and Finance, Elsevier, vol. 31(5), pages 1180-1194.
    81. Felipe Iachan, 2012. "Liquidity Scarcity, Project Selection, and Volatility," 2012 Meeting Papers 480, Society for Economic Dynamics.
    82. Chao Gu & Fabrizio Mattesini & Randall Wright, 2013. "Banking: A New Monetarist Approach," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 80(2), pages 636-662.
    83. Koppl, Thorsten V., 2006. "Risk sharing through financial markets with endogenous enforcement of trades," Journal of Economic Dynamics and Control, Elsevier, vol. 30(11), pages 1987-2014, November.
    84. Casper de Vries & Xuedong Wang, 2015. "Inflation, Endogenous Market Segmentation and the Term Structure of Interest Rates," Tinbergen Institute Discussion Papers 15-066/VI, Tinbergen Institute.
    85. Yongsung Chang & Yena Park, 2017. "Optimal Taxation with Private Insurance," 2017 Meeting Papers 1321, Society for Economic Dynamics.
    86. Ábrahám, Árpád & Cárceles-Poveda, Eva, 2010. "Endogenous trading constraints with incomplete asset markets," Journal of Economic Theory, Elsevier, vol. 145(3), pages 974-1004, May.
    87. Bruce Chapman & Thomas F. Crossley & Taejong Kim, 2002. "Credit Constraints and Training after Job Loss," Department of Economics Working Papers 2002-15, McMaster University.
    88. Theloudis, Alexandros & Velilla, Jorge & Chiappori, P.A. & Gimenez-Nadal, J. Ignacio & Molina, Jose Alberto, 2022. "Commitment and the Dynamics of Household Labor Supply," Other publications TiSEM 4486b3f9-21e7-4cfd-898c-a, Tilburg University, School of Economics and Management.
    89. Zachary Bethune & Tai-Wei Hu & Guillaume Rocheteau, 2017. "Online Appendix to "Optimal Credit Cycles"," Online Appendices 17-63, Review of Economic Dynamics.
    90. Yena Park, 2012. "Optimal Taxation in a Limited Commitment Economy," PIER Working Paper Archive 12-033, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    91. Ms. Emine Boz, 2009. "Sovereign Default, Private Sector Creditors and the IFIs," IMF Working Papers 2009/046, International Monetary Fund.
    92. Karine Gente & Miguel A. León-Ledesma & Carine Nourry, 2013. "External Constraints and Endogenous Growth: Why Didn't Some Countries Benefit from Capital Flows?," Working Papers halshs-00822385, HAL.
    93. Yann Algan & Xavier Ragot, 2006. "Monetary Policy with Heterogeneous Agents and Credit Constraints," Computing in Economics and Finance 2006 292, Society for Computational Economics.
    94. Chen, Hung-ju, 2005. "Educational systems, growth and income distribution: a quantitative study," Journal of Development Economics, Elsevier, vol. 76(2), pages 325-353, April.
    95. Pavel Sevcik & Rui Castro, 2013. "Occupational Choice, Human Capital, and Financing Constraints," 2013 Meeting Papers 1321, Society for Economic Dynamics.
    96. Sonja Brangewitz & Gaël Giraud, 2012. "Learning by Trading in Infinite Horizon Strategic Market Games with Default," Post-Print halshs-00747899, HAL.
    97. Chari, V.V. & Phelan, Christopher, 2014. "On the social usefulness of fractional reserve banking," Journal of Monetary Economics, Elsevier, vol. 65(C), pages 1-13.
    98. Erwan Quintin, 2008. "Contract enforcement and the size of the informal economy," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 37(3), pages 395-416, December.
    99. Mark L. J. Wright, 2004. "Private capital flows, capital controls, and default risk," Proceedings, Federal Reserve Bank of San Francisco, issue Jun.
    100. Yi Wen & Leo Kaas & Costas Azariadis, 2014. "Self-Fulfilling Credit Cycles," 2014 Meeting Papers 1169, Society for Economic Dynamics.
    101. Elena Asparouhova & Peter Bossaerts & Nilanjan Roy & William Zame, 2016. "“Lucas” in the Laboratory," Journal of Finance, American Finance Association, vol. 71(6), pages 2727-2780, December.
    102. Philip Bond & Ashok Rai, 2008. "Borrower Runs," Center for Development Economics 2008-07, Department of Economics, Williams College.
    103. Paul Castillo & Cesar Carrera & Marco Ortiz & Hugo Vega, 2014. "Spillovers, capital ows and prudential regulation in small open economies," BIS Working Papers 459, Bank for International Settlements.
    104. Hanno Lustig, "undated". "Exploring the Link between Housing and the Value Premium (joint with Stijn Van Nieuwerburgh)," UCLA Economics Online Papers 389, UCLA Department of Economics.
    105. Chao Gu & Randall Wright, 2011. "Endogenous credit cycles," Working Papers 689, Federal Reserve Bank of Minneapolis.
    106. Marco Cagetti & Mariacristina De Nardi, 2005. "Entrepreneurship, frictions, and wealth," Working Paper Series WP-05-09, Federal Reserve Bank of Chicago.
    107. Kocherlakota, Narayana, 2008. "Injecting rational bubbles," Journal of Economic Theory, Elsevier, vol. 142(1), pages 218-232, September.
    108. Marco Cagetti & Mariacristina De Nardi, 2007. "Estate Taxation, Entrepreneurship, and Wealth," NBER Working Papers 13160, National Bureau of Economic Research, Inc.
    109. Nelnan Koumtingué & Rui Castro, 2009. "On the Optimality of Economic Integration," 2009 Meeting Papers 1043, Society for Economic Dynamics.
    110. Lance J. Lochner, 2009. "The Nature of Credit Constraints and Human Capital," 2009 Meeting Papers 745, Society for Economic Dynamics.
    111. Daron Acemoglu & Alp Simsek, 2010. "Moral Hazard and Efficiency in General Equilibrium with Anonymous Trading," Levine's Working Paper Archive 661465000000000232, David K. Levine.
    112. Adriano Rampini & Alberto Bisin, 2005. "Markets as Beneficial Constraints on the Government," 2005 Meeting Papers 325, Society for Economic Dynamics.
    113. Ansgar Walther, 2014. "Jointly optimal regulation of bank capital and maturity structure," Economics Series Working Papers 725, University of Oxford, Department of Economics.
    114. Victor Filipe Martins da Rocha & Yiannis Vailakis, 2015. "Constrained Efficiency Without Commitment," Post-Print hal-01097121, HAL.
    115. Rong Hai & James Heckman, 2017. "Inequality in Human Capital and Endogenous Credit Constraints," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 25, pages 4-36, April.
    116. Igor Livshits & James MacGee & Michèle Tertilt, 2007. "Consumer Bankruptcy: A Fresh Start," American Economic Review, American Economic Association, vol. 97(1), pages 402-418, March.
    117. Douglas Gale & Piero Gottardi, 2008. "Illiquidity and Under-Valuation of Firms," Working Papers 2008_36, Department of Economics, University of Venice "Ca' Foscari".
    118. Weerachart Kilenthong & Robert Townsend, 2014. "Segregated Security Exchanges with Ex Ante Rights to Trade: A Market-Based Solution to Collateral-Constrained Externalities," NBER Working Papers 20086, National Bureau of Economic Research, Inc.
    119. Tom Krebs & Moritz Kuhn & Mark L. J. Wright, 2011. "Human Capital Risk, Contract Enforcement, and the Macroeconomy," NBER Working Papers 17714, National Bureau of Economic Research, Inc.
    120. Gaetano Bloise & Pietro Reichlin & Mario Tirelli, 2013. "Fragility of Competitive Equilibrium with Risk of Default," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 16(2), pages 271-295, April.
    121. Ronel Elul & Piero Gottardi, 2008. "Bankruptcy: Is it enough to Forgive or must we also Forget?," CESifo Working Paper Series 2313, CESifo.
    122. Javier Bianchi & Enrique Mendoza, 2015. "Optimal Time-Consistent Macroprudential Policy," PIER Working Paper Archive 15-032, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 01 Aug 2015.
    123. Cyril Monnet & Erwan Quintin, 2018. "Optimal Exclusion," 2018 Meeting Papers 181, Society for Economic Dynamics.
    124. Victor Filipe Martins da Rocha & Yiannis Vailakis, 2012. "Endogenous debt constraints in collateralized economies with default penalties," Post-Print hal-00664551, HAL.
    125. John Geanakoplos & William R. Zame, 2013. "Collateral Equilibrium: A Basic Framework," Levine's Working Paper Archive 786969000000000741, David K. Levine.
    126. Jonathan Pogach, 2010. "Efficient Auditing and Enforcement in Dynamic Contracts," 2010 Meeting Papers 572, Society for Economic Dynamics.
    127. Daniel R. Sanches, 2012. "On the inherent instability of private money," Working Papers 12-19, Federal Reserve Bank of Philadelphia.
    128. Bejan, Camelia & Bidian, Florin, 2010. "Limited enforcement, bubbles and trading in incomplete markets," MPRA Paper 36819, University Library of Munich, Germany, revised 20 Feb 2012.
    129. Antonio Antunes & Valerio Ercolani, 2020. "Public debt expansions and the dynamics of the household borrowing constraint," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 37, pages 1-32, July.
    130. Jianjun Miao & Pengfei Wang & Tao Zha, 2014. "Liquidity Premia, Price-Rent Dynamics, and Business Cycles," FRB Atlanta Working Paper 2014-15, Federal Reserve Bank of Atlanta.
    131. Cristina Arellano, 2008. "Default Risk and Income Fluctuations in Emerging Economies," American Economic Review, American Economic Association, vol. 98(3), pages 690-712, June.
    132. Fernando Alvarez & Urban J Jermann, 2010. "Asset Pricing When Risk Sharing is Limited by Default," Levine's Working Paper Archive 1898, David K. Levine.
    133. Boucekkine, Raouf & Nishimura, Kazuo & Venditti, Alain, 2015. "Introduction to financial frictions and debt constraints," Journal of Mathematical Economics, Elsevier, vol. 61(C), pages 271-275.
    134. Patrick J. Kehoe & Fabrizio Perri, 2003. "Competitive equilibria with limited enforcement," Staff Report 307, Federal Reserve Bank of Minneapolis.
    135. Altermatt, Lukas & Iwasaki, Kohei & Wright, Randall, 2021. "Asset pricing in monetary economies," Journal of International Money and Finance, Elsevier, vol. 115(C).
    136. Javier Bianchi & Emine Boz & Enrique Gabriel Mendoza, 2012. "Macroprudential Policy in a Fisherian Model of Financial Innovation," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 60(2), pages 223-269, July.
    137. Gaël Giraud & Antonin Pottier, 2012. "Debt-Deflation versus the Liquidity Trap : the Dilemma of Nonconventional Monetary Policy," Post-Print halshs-00747904, HAL.
    138. Hengjie Ai & Dana Kiku & Rui Li & Jincheng Tong, 2021. "A Unified Model of Firm Dynamics with Limited Commitment and Assortative Matching," Journal of Finance, American Finance Association, vol. 76(1), pages 317-356, February.
    139. Acemoglu, Daron & Golosov, Mikhail & Tsyvinski, Aleh, 2008. "Markets versus governments," Journal of Monetary Economics, Elsevier, vol. 55(1), pages 159-189, January.
    140. Chao Gu & Fabrizio Mattesini & Randall Wright, 2016. "Money and Credit Redux," Econometrica, Econometric Society, vol. 84, pages 1-32, January.
    141. Nicolas Houy & Frédéric Jouneau & François Le Grand, 2020. "Defaulting firms and systemic risks in financial networks: a normative approach," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 70(2), pages 503-526, September.
    142. Cristina Arellano & Enrique Mendoza, 2002. "Credit Frictions and 'Sudden Stops' in Small Open Economies: An Equilibrium Business Cycle Framework for Emerging Markets Crises," Research Department Publications 4307, Inter-American Development Bank, Research Department.
    143. Andolfatto, David & Williamson, Stephen, 2015. "Scarcity of safe assets, inflation, and the policy trap," Journal of Monetary Economics, Elsevier, vol. 73(C), pages 70-92.
    144. Stefano Bosi & Cuong Le Van & Ngoc-Sang Pham, 2014. "Intertemporal equilibrium with production: bubbles and efficiency," Post-Print halshs-01020888, HAL.
    145. Jess Benhabib & Jianjun Miao & Pengfei Wang, 2016. "Chaotic banking crises and regulations," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 61(2), pages 393-422, February.
    146. Benjamin Griffy, 2018. "Borrowing Constraints, Search, and Life-Cycle Inequality," Discussion Papers 18-01, University at Albany, SUNY, Department of Economics.
    147. Beck, T.H.L. & Pamuk, H. & Uras, R.B. & Ramrattan, R., 2015. "Mobile Money, Trade Credit and Economic Development : Theory and Evidence," Other publications TiSEM 0d645e56-41b8-4f4b-976a-4, Tilburg University, School of Economics and Management.
    148. Hanno Lustig & Stijn Van Nieuwerburgh, 2002. "Housing Collateral, Consumption Insurance and Risk Premia," Macroeconomics 0211008, University Library of Munich, Germany.
    149. Fernando Perera-Tallo & Antonia Diaz, 2007. "Credit and Inflation under Borrowers' Lack of Commitment," 2007 Meeting Papers 429, Society for Economic Dynamics.
    150. Chen, Been-Lon & Chiang, Yeong-Yuh & Wang, Ping, 2005. "Evaluation of interest tax policies in a model of finance and growth," Journal of Macroeconomics, Elsevier, vol. 27(3), pages 533-552, September.
    151. Jan Grobovsek, 2016. "Managerial Delegation, Law Enforcement, and Aggregate Productivity," Edinburgh School of Economics Discussion Paper Series 271, Edinburgh School of Economics, University of Edinburgh.
    152. Karol Mazur, 2020. "Sharing Risk to Avoid Tragedy: Informal Insurance and Irrigation in Village Economies," CSAE Working Paper Series 2020-19-02, Centre for the Study of African Economies, University of Oxford.
    153. Urban Jermann & Vincenzo Quadrini, 2002. "Stock Market Boom and the Productivity Gains of the 1990s," NBER Working Papers 9034, National Bureau of Economic Research, Inc.
    154. Gianluca Benigno & Huigang Chen & Christopher Otrok & Alessandro Rebucci & Eric R. Young, 2010. "Financial Crises and Macro-Prudential Policies," CEP Discussion Papers dp1032, Centre for Economic Performance, LSE.
    155. Julian A. Parra-Polania & Carmiña O. Vargas, 2015. "Macroprudential vs. Ex-post Policy Interventions: when Domestic Taxes are Relevant for International Lenders," Borradores de Economia 12698, Banco de la Republica.
    156. Onur Ozgur, 2005. "A Model of Dynamic Liquidity Contracts," 2005 Meeting Papers 251, Society for Economic Dynamics.
    157. Bloise, G. & Citanna, A., 2019. "Asset shortages, liquidity and speculative bubbles," Journal of Economic Theory, Elsevier, vol. 183(C), pages 952-990.
    158. Tobias Broer, 2013. "The Wrong Shape of Insurance? What Cross-Sectional Distributions Tell Us about Models of Consumption Smoothing," American Economic Journal: Macroeconomics, American Economic Association, vol. 5(4), pages 107-140, October.
    159. Jianjun Miao & Pengfei Wang & Tao Zha, 2020. "Discount Shock, Price-Rent Dynamics, and the Business Cycle," FRB Atlanta Working Paper 2020-7, Federal Reserve Bank of Atlanta.
    160. Yaron, Amir & Gomes, Joao & Zhang, Lu, 2003. "Asset Prices and Business Cycles with Costly External Finance," CEPR Discussion Papers 3927, C.E.P.R. Discussion Papers.
    161. Davide Debortoli & Junior Maih & Ricardo Nunes, 2010. "Loose commitment in medium-scale macroeconomic models: Theory and an application," Working Paper 2010/25, Norges Bank.
    162. Yuzhe Zhang & Jianjun Miao, 2014. "A Duality Approach to Continuous-Time Contracting Problems with Limited Commitment," 2014 Meeting Papers 650, Society for Economic Dynamics.
    163. Gaetano Bloise & Pietro Reichlin, 2008. "Asset Prices, Debt Constraints and Inefficiency," EIEF Working Papers Series 0803, Einaudi Institute for Economics and Finance (EIEF), revised Mar 2008.
    164. Juan Rojas & Carlos Urrutia, 2004. "Social Security Reform with Uninsurable Income Risk and Endogenous Borrowing Constraints," Macroeconomics 0410010, University Library of Munich, Germany.
    165. Martin Meier & Enrico Minelli & Herakles Polemarchakis, 2009. "Competitive Markets with Private Information on Both Sides," Working Papers 0917, University of Brescia, Department of Economics.
    166. Costas Azariadis, 2018. "Credit Cycles and Business Cycles," Review, Federal Reserve Bank of St. Louis, vol. 100(1).
    167. David de La Croix & Michel Lubrano, 2009. "The Tradeoff Between Growth and Redistribution: ELIE in an Overlapping Generations Model," Working Papers halshs-00382513, HAL.
    168. Mikhail Golosov & Aleh Tsyvinski & Nicolas Werquin, 2016. "Recursive Contracts and Endogenously Incomplete Markets," NBER Working Papers 22012, National Bureau of Economic Research, Inc.
    169. Patrick J. Kehoe & Fabrizio Perri, 2000. "International Business Cycles with Endogenous Incomplete Markets," NBER Working Papers 7870, National Bureau of Economic Research, Inc.
    170. Peter N. Ireland, 2007. "Commentary on \\"Monetary policy as equilibrium selection\\"," Review, Federal Reserve Bank of St. Louis, vol. 89(Jul), pages 343-348.
    171. S. Viswanathan & Adriano A. Rampini, 2008. "Collateral, Financial Intermediation, and the Distribution of Debt Capacity," 2008 Meeting Papers 116, Society for Economic Dynamics.
    172. Emil Iantchev, 2013. "Asset-Pricing Implications of Biologically Based Non-Expected Utility," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 16(3), pages 497-510, July.
    173. Andrew F. Newman, 1991. "The Capital Market," Discussion Papers 951, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    174. Arce, Fernando, 2021. "Private Overborrowing under Sovereign Risk," MPRA Paper 113176, University Library of Munich, Germany.
    175. Thomas Crossley & Hamish Low, 2004. "When Might Unemployment Insurance Matter?," Department of Economics Working Papers 2004-04, McMaster University.
    176. Beck, Thorsten & Pamuk, Haki & Ramrattan, Ravindra & Uras, Burak R., 2018. "Payment instruments, finance and development," Journal of Development Economics, Elsevier, vol. 133(C), pages 162-186.
    177. Gaetano Antinolfi, 2012. "Costly Monitoring, Dynamic Incentives, and Default," 2012 Meeting Papers 892, Society for Economic Dynamics.
    178. Jan Grobovsek, 2014. "Managerial Delegation and Aggregate Productivity," 2014 Meeting Papers 1394, Society for Economic Dynamics.
    179. Fernández-Villaverde, Jesús & Krueger, Dirk, 2011. "Consumption And Saving Over The Life Cycle: How Important Are Consumer Durables?," Macroeconomic Dynamics, Cambridge University Press, vol. 15(5), pages 725-770, November.
    180. Pedro S. Amaral & Erwan Quintin, 2003. "The Implications of Capital-Skill Complementarity in Economies with Large Informal Sectors," Macroeconomics 0309017, University Library of Munich, Germany.
    181. Thorsten Beck & Ravindra Ramrattan & Haki Pamuk & Burak R. Uras, 2016. "Payment Instruments, Enforceability and Development: Evidence from Mobile Money Technology," 2016 Meeting Papers 198, Society for Economic Dynamics.
    182. Rebelo, Sérgio & Wang, Neng & Yang, Jinqiang, 2018. "Rare Disasters, Financial Development, and Sovereign Debt," CEPR Discussion Papers 13202, C.E.P.R. Discussion Papers.
    183. Mariacristina De Nardi, 2015. "Quantitative Models of Wealth Inequality: A Survey," NBER Working Papers 21106, National Bureau of Economic Research, Inc.
    184. Kiyotaki, Nobuhiro & Lagos, Ricardo & Wright, Randall, 2016. "Introduction to the symposium issue on money and liquidity," Journal of Economic Theory, Elsevier, vol. 164(C), pages 1-9.
    185. Hajzler, Christopher, 2014. "Resource-based FDI and expropriation in developing economies," Journal of International Economics, Elsevier, vol. 92(1), pages 124-146.
    186. Sébastien Lotz & Cathy Zhang, 2016. "Money and credit as means of payment: A new monetarist approach," Post-Print hal-04149261, HAL.
    187. Dirk Krueger & Fabrizio Perri, 1999. "Risk Sharing: Private Insurance Markets or Redistributive Taxes?," Working Papers 99-04, New York University, Leonard N. Stern School of Business, Department of Economics.
    188. Yili Chien & Junsang Lee, 2006. "Why Tax Capital?," 2006 Meeting Papers 492, Society for Economic Dynamics.
    189. Hans Gersbach & Jean-Charles Rochet, 2012. "Aggregate Investment Externalities and Macroprudential Regulation," Swiss Finance Institute Research Paper Series 12-03, Swiss Finance Institute.
    190. Bejan, Camelia & Bidian, Florin, 2014. "Bubbles and trading in incomplete markets," Journal of Mathematical Economics, Elsevier, vol. 53(C), pages 137-144.
    191. Yunmin Chen & Cheng Chen Yang & YiLi Chien, 2018. "Implementing the Modified Golden Rule? Optimal Ramsey Capital Taxation with Incomplete Markets Revisited," 2018 Meeting Papers 59, Society for Economic Dynamics.
    192. Markus K. Brunnermeier & Thomas M. Eisenbach & Yuliy Sannikov, 2012. "Macroeconomics with Financial Frictions: A Survey," NBER Working Papers 18102, National Bureau of Economic Research, Inc.
    193. DE LA CROIX, David & MICHEL, Philippe, 2004. "Education and growth with endogenous debt constraints," LIDAM Discussion Papers CORE 2004074, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    194. Timothy J. Kehoe & David K. Levine, 2000. "Liquidity Constrained vs. Debt Constrained Markets," Levine's Working Paper Archive 14, David K. Levine.
    195. Albert Marcet & Ramon Marimon, 1992. "Communication, commitment, and growth," Discussion Paper / Institute for Empirical Macroeconomics 74, Federal Reserve Bank of Minneapolis.
    196. Banerjee, Abhijit V & Newman, Andrew F, 1993. "Occupational Choice and the Process of Development," Journal of Political Economy, University of Chicago Press, vol. 101(2), pages 274-298, April.
    197. Piero Gottardi & Arpad Abraham, 2017. "Optimal Asset Division Rules for Dissolving Partnerships," 2017 Meeting Papers 1372, Society for Economic Dynamics.
    198. Wright, Randall & Xiao, Sylvia Xiaolin & Zhu, Yu, 2018. "Frictional capital reallocation I: Ex ante heterogeneity," Journal of Economic Dynamics and Control, Elsevier, vol. 89(C), pages 100-116.
    199. Kocherlakota Narayana R, 2001. "Risky Collateral and Deposit Insurance," The B.E. Journal of Macroeconomics, De Gruyter, vol. 1(1), pages 1-20, February.
    200. Chabakauri, Georgy & Han, Brandon Yueyang, 2020. "Collateral constraints and asset prices," Journal of Financial Economics, Elsevier, vol. 138(3), pages 754-776.
    201. anmol bhandari & Hengjie Ai, 2016. "Asset Pricing with Endogenously Uninsurable Tail Risks," 2016 Meeting Papers 1523, Society for Economic Dynamics.
    202. Juha Seppala, 2000. "Asset Prices And Business Cycles Under Limited Commitment," Computing in Economics and Finance 2000 319, Society for Computational Economics.
    203. Roberto Piazza, 2014. "Growth and Crisis, Unavoidable Connection?," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 17(4), pages 677-706, October.
    204. Adriano Rampini, 2015. "Financing Durable Assets," 2015 Meeting Papers 915, Society for Economic Dynamics.
    205. Mark Aguiar & Gita Gopinath, 2004. "Defaultable debt, interest rates and the current account," Working Paper Series 2004-31, Federal Reserve Bank of San Francisco.
    206. Nobuhiro Kiyotaki & John Moore, 2002. "Evil Is the Root of All Money," American Economic Review, American Economic Association, vol. 92(2), pages 62-66, May.
    207. Álvaro Aguirre, 2011. "Contracting Institutions and Economic Growth," Working Papers Central Bank of Chile 643, Central Bank of Chile.
    208. Victor Filipe Martins da Rocha & Yiannis Vailakis, 2014. "Self-enforcing Debt, Reputation, and the Role of Interest Rates," Working Papers hal-01097114, HAL.
    209. Wei Cui & Randall Wright & Yu Zhu, 2022. "Endogenous Liquidity and Capital Reallocation," Staff Working Papers 22-27, Bank of Canada.
    210. Yu Zhu & Randall Wright & Chao He, 2013. "Housing and Liquidity," 2013 Meeting Papers 168, Society for Economic Dynamics.
    211. Restrepo-Echavarria, Paulina, 2019. "Endogenous borrowing constraints and stagnation in Latin America," Journal of Economic Dynamics and Control, Elsevier, vol. 109(C).
    212. Marco Cagetti & Mariacristina De Nardi, 2004. "Taxation, entrepreneurship and wealth," Working Papers 632, Federal Reserve Bank of Minneapolis.
    213. Heon Lee, 2023. "On the Instability of Fractional Reserve Banking," Papers 2305.14503, arXiv.org, revised Apr 2024.
    214. Miao, Jianjun & Wang, Pengfei, 2015. "Banking bubbles and financial crises," Journal of Economic Theory, Elsevier, vol. 157(C), pages 763-792.
    215. Saunders Drew, 2010. "Sharing Risk Efficiently under Suboptimal Punishments for Defection," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 10(1), pages 1-24, April.
    216. Borys Grochulski & Yuzhe Zhang, 2015. "Optimal Liquidity Regulation With Shadow Banking," Working Paper 15-12, Federal Reserve Bank of Richmond.
    217. Jean Guillaume Forand & Jan Zapal, 2017. "The Demand and Supply of Favours in Dynamic Relationships," CERGE-EI Working Papers wp605, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
    218. Orrillo, Jaime & Filho, Jolive de Santana Filho, 2020. "Existence and Non-Triviality of Equilibria in Economies with Default and Government," Brazilian Review of Econometrics, Sociedade Brasileira de Econometria - SBE, vol. 39(2), March.
    219. Franz Hamann, 2002. "Sovereign Risk and Macroeconomic Fluctuations," Borradores de Economia 3520, Banco de la Republica.
    220. Borgonovo, Emanuele & Caselli, Stefano & Cillo, Alessandra & Masciandaro, Donato & Rabitti, Giovanni, 2021. "Money, privacy, anonymity: What do experiments tell us?," Journal of Financial Stability, Elsevier, vol. 56(C).
    221. Hanno Lustig & Stijn Van Nieuwerburgh, 2004. "How Much Does Household Collateral Constrain Regional Risk Sharing?," NBER Working Papers 10505, National Bureau of Economic Research, Inc.
    222. Bidian, Florin & Bejan, Camelia, 2011. "Martingale properties of self-enforcing debt," MPRA Paper 36609, University Library of Munich, Germany, revised 12 Feb 2012.
    223. Hansen, Lars Peter, 2013. "Risk Pricing over Alternative Investment Horizons," Handbook of the Economics of Finance, in: G.M. Constantinides & M. Harris & R. M. Stulz (ed.), Handbook of the Economics of Finance, volume 2, chapter 0, pages 1571-1611, Elsevier.
    224. Araujo, Luis & Hu, Tai-Wei, 2018. "Optimal monetary interventions in credit markets," Journal of Economic Theory, Elsevier, vol. 178(C), pages 455-487.
    225. Carlos De Resende, 2007. "IMF-Supported Adjustment Programs: Welfare Implications and the Catalytic Effect," Staff Working Papers 07-22, Bank of Canada.
    226. Felix Kubler & Karl Schmedders, 2003. "Stationary Equilibria in Asset-Pricing Models with Incomplete Markets and Collateral," Econometrica, Econometric Society, vol. 71(6), pages 1767-1793, November.
    227. Hanno Lustig & Stijn Van Nieuwerburgh, 2006. "Can Housing Collateral Explain Long-Run Swings in Asset Returns?," NBER Working Papers 12766, National Bureau of Economic Research, Inc.
    228. Mahmoud Nabi & Taoufik Rajhi, 2013. "Banking, contract enforcement and economic growth," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 60(1), pages 83-100, March.
    229. Karsten Jeske, 2005. "Private international debt with risk of repudiation," FRB Atlanta Working Paper 2001-16, Federal Reserve Bank of Atlanta.
    230. GOTTARDI, Piero & KUBLER, Felix, 2012. "Dynamic Competitive Economies with Complete Markets and Collateral Constraints," Economics Working Papers ECO2012/17, European University Institute.
    231. Hanno Lustig, 2004. "How much Does Household Collateral Constrain Regional Risk Sharing? (joint with Stijn Van Nieuwerburgh) (updated February 2006)," UCLA Economics Online Papers 302, UCLA Department of Economics.
    232. Bernhard Eckwert & Itzhak Zilcha, 2016. "Student Loans: When is Risk Sharing Desirable?," CESifo Working Paper Series 5718, CESifo.
    233. Azariadis, Costas & Kaas, Leo, 2016. "Capital Misallocation And Aggregate Factor Productivity," Macroeconomic Dynamics, Cambridge University Press, vol. 20(2), pages 525-543, March.
    234. Zachary Bethune & Guillaume Rocheteau & Peter Rupert, 2015. "Aggregate Unemployment and Household Unsecured Debt," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 18(1), pages 77-100, January.
    235. Felipe Martins-da-Rocha & Yiannis Vailakis, 2008. "Collateral, default penalties and almost finite-time solvency," Levine's Working Paper Archive 122247000000002049, David K. Levine.
    236. Victor Rios-Rull & Dean Corbae: & Satyajit Chatterjee, 2011. "A Theory of Credit Scoring and the Competitive Pricing of Default Risk," 2011 Meeting Papers 1115, Society for Economic Dynamics.
    237. Shengxing Zhang, 2014. "Collateral Risk, Repo Rollover and Shadow Banking," 2014 Meeting Papers 562, Society for Economic Dynamics.
    238. Betty C. Daniel, 2012. "Private Sector Risk and Financial Crises in Emerging Markets," Economic Journal, Royal Economic Society, vol. 122(561), pages 825-847, June.
    239. Dirk Krueger & Harald Uhlig, 2022. "Neoclassical Growth with Long-Term One-Sided Commitment Contracts," NBER Working Papers 30518, National Bureau of Economic Research, Inc.
    240. Azariadis, Costas & Kaas, Leo, 2007. "Asset price fluctuations without aggregate shocks," Journal of Economic Theory, Elsevier, vol. 136(1), pages 126-143, September.
    241. Lutz, Flora & Zessner-Spitzenberg, Leopold, 2020. "Sudden Stops and Reserve Accumulation in the Presence of International Liquidity Risk," VfS Annual Conference 2020 (Virtual Conference): Gender Economics 224520, Verein für Socialpolitik / German Economic Association.
    242. V. Filipe Martins-da-Rocha & Rafael Mouallem Rosa, 2023. "Complete markets with bankruptcy risk and pecuniary default punishments," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 75(3), pages 625-640, April.
    243. Xavier Mateos-Planas, 2011. "Credit Lines," 2011 Meeting Papers 1293, Society for Economic Dynamics.
    244. Benhabib, Jess & Dong, Feng & Wang, Pengfei, 2018. "Adverse selection and self-fulfilling business cycles," Journal of Monetary Economics, Elsevier, vol. 94(C), pages 114-130.
    245. Ma, Chang, 2020. "Financial stability, growth and macroprudential policy," Journal of International Economics, Elsevier, vol. 122(C).
    246. Smith, Bruce D., 2001. "Introduction to Monetary and Financial Arrangements," Journal of Economic Theory, Elsevier, vol. 99(1-2), pages 1-21, July.
    247. Erwan Quintin, 2003. "Limited enforcement and the organization of production," Working Papers 0109, Federal Reserve Bank of Dallas.
    248. Neil A. Doherty & Christian Laux & Alexander Muermann, 2015. "Insuring Nonverifiable Losses," Review of Finance, European Finance Association, vol. 19(1), pages 283-316.
    249. Bhattacharya, Joydeep & Qiao, Xue & Wang, Min, 2016. "Endogenous Borrowing Constraints And Wealth Inequality," Macroeconomic Dynamics, Cambridge University Press, vol. 20(6), pages 1413-1431, September.
    250. V. Filipe Martins-da-Rocha & Toan Phan & Yiannis Vailakis, 2019. "Debt Limits and Credit Bubbles in General Equilibrium," Working Paper 19-19, Federal Reserve Bank of Richmond.
    251. Suzuki, Shiba, 2018. "Inequality and asset fire sales," MPRA Paper 90906, University Library of Munich, Germany.
    252. Dirk Krueger, 2006. "Public Insurance against Idiosyncratic and Aggregate Risk: The Case of Social Security and Progressive Income Taxation," CESifo Economic Studies, CESifo Group, vol. 52(4), pages 587-620, December.
    253. Igor Livshits, 2015. "Recent Developments In Consumer Credit And Default Literature," Journal of Economic Surveys, Wiley Blackwell, vol. 29(4), pages 594-613, September.
    254. Broer, Tobias, 2011. "Crowding out and crowding in: When does redistribution improve risk-sharing in limited commitment economies?," Journal of Economic Theory, Elsevier, vol. 146(3), pages 957-975, May.
    255. David Andolfatto, 2000. "A Theory of Inalienable Property Rights," Cahiers de recherche CREFE / CREFE Working Papers 110, CREFE, Université du Québec à Montréal.
    256. Kang, Kee-Youn & Jang, Inkee, 2020. "Dynamic Adverse Selection and Belief Update in Credit Markets," MPRA Paper 99071, University Library of Munich, Germany.
    257. Bethune, Zachary & Hu, Tai-Wei & Rocheteau, Guillaume, 2018. "Indeterminacy in credit economies," Journal of Economic Theory, Elsevier, vol. 175(C), pages 556-584.
    258. YiLi Chien & Yi Wen, 2019. "Optimal Ramsey Taxation in Heterogeneous Agent Economies with Quasi-Linear Preferences," Working Papers 2019-007, Federal Reserve Bank of St. Louis, revised 26 Jul 2021.
    259. Mitsuru Katagiri & Ryo Kato & Takayuki Tsuruga, 2017. "Prudential capital controls or bailouts? The impact of different collateral constraint assumptions," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 63(4), pages 943-960, April.
    260. Hanno Lustig, 2004. "Can Housing Collateral Explain Long-Run Swings in Asset Returns? (joint with Stijn Van Nieuwerburgh)," UCLA Economics Online Papers 322, UCLA Department of Economics.
    261. Seppala, Juha, 2004. "The term structure of real interest rates: theory and evidence from UK index-linked bonds," Journal of Monetary Economics, Elsevier, vol. 51(7), pages 1509-1549, October.
    262. Paula Lourdes Hernandez-Verme, 2015. "Credit Chains and Mortgage Crises," Review of Development Economics, Wiley Blackwell, vol. 19(2), pages 265-281, May.
    263. Armenter, Roc & Mertens, Thomas M., 2013. "Fraud deterrence in dynamic Mirrleesian economies," Journal of Monetary Economics, Elsevier, vol. 60(2), pages 139-151.
    264. Tom Krebs & Moritz Kuhn & Mark L. J. Wright, 2016. "Insurance in Human Capital Models with Limited Enforcement," Working Paper Series WP-2016-8, Federal Reserve Bank of Chicago.
    265. Mills, David C., 2007. "A Model In Which Outside And Inside Money Are Essential," Macroeconomic Dynamics, Cambridge University Press, vol. 11(3), pages 347-366, June.
    266. Vivian Z. Yue, 2005. "Sovereign Default and Debt Renegotiation," 2005 Meeting Papers 138, Society for Economic Dynamics.
    267. Almuth Scholl, 2006. "Aid Effectiveness and Limited Enforceable Conditionality," 2006 Meeting Papers 292, Society for Economic Dynamics.
    268. Ronel Elul, 2005. "Collateral, credit history, and the financial decelerator," Working Papers 05-23, Federal Reserve Bank of Philadelphia.
    269. Daga, Sergio, 2017. "Demostración de equilibrio competitivo con short-sale hipotecario," Revista Latinoamericana de Desarrollo Economico, Carrera de Economía de la Universidad Católica Boliviana (UCB) "San Pablo", issue 28, pages 165-202, December.
    270. Kilenthong, Weerachart & Townsend, Robert, 2007. "Market Based, Segregated Exchanges with Default Risk," MPRA Paper 20724, University Library of Munich, Germany, revised 12 Nov 2009.
    271. Yili Chien & Junsang Lee, 2009. "Optimal capital taxation under limited commitment," CAMA Working Papers 2009-06, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    272. Zame, William R, 1993. "Efficiency and the Role of Default When Security Markets Are Incomplete," American Economic Review, American Economic Association, vol. 83(5), pages 1142-1164, December.
    273. Brooks, Wyatt & Dovis, Alessandro, 2020. "Credit market frictions and trade liberalizations," Journal of Monetary Economics, Elsevier, vol. 111(C), pages 32-47.
    274. Dietrich, Diemo & Gehrig, Thomas, 2021. "Speculative and precautionary demand for liquidity in competitive banking markets," LSE Research Online Documents on Economics 118869, London School of Economics and Political Science, LSE Library.
    275. Stéphane Moyen & Josef Schroth, 2017. "Optimal Capital Regulation," Staff Working Papers 17-6, Bank of Canada.
    276. Joydeep Bhattacharya & Monisankar Bishnu & Min Wang, 2023. "Credit Markets with time-inconsistent agents and strategic loan default," Discussion Papers 23-01, Indian Statistical Institute, Delhi.
    277. Seppälä, Juha, 2000. "The term structure of real interest rates: Theory and evidence form UK index-linked bonds," Bank of Finland Research Discussion Papers 22/2000, Bank of Finland.
    278. Francesca Carapella, 2017. "Credit markets, Limited commitment and Optimal monetary policy," 2017 Meeting Papers 1523, Society for Economic Dynamics.
    279. Christian A. Stoltenberg & Swapnil Singh, 2020. "Consumption insurance with advance information," Quantitative Economics, Econometric Society, vol. 11(2), pages 671-711, May.
    280. James C. MacGee, 2006. "Land Titles, Credit Markets and Wealth Distributions," WIDER Working Paper Series RP2006-150, World Institute for Development Economic Research (UNU-WIDER).
    281. Amaral, Pedro S. & Quintin, Erwan, 2006. "A competitive model of the informal sector," Journal of Monetary Economics, Elsevier, vol. 53(7), pages 1541-1553, October.
    282. Borys Grochulski & Yuzhe Zhang, 2019. "Optimal liquidity policy with shadow banking," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 68(4), pages 967-1015, November.
    283. Dunbar, Geoffrey, 2013. "Returns-to-scale and the equity premium puzzle," Journal of Economic Dynamics and Control, Elsevier, vol. 37(9), pages 1736-1754.
    284. Sissoko, Carolyn, 2007. "An Idealized View of Financial Intermediation," Economics Discussion Papers 2007-16, Kiel Institute for the World Economy (IfW Kiel).
    285. Braido, Luis H.B., 2008. "Trading constraints penalizing default: A recursive approach," Journal of Mathematical Economics, Elsevier, vol. 44(2), pages 157-166, January.
    286. Christian Hellwig & Guido Lorenzoni, 2006. "Bubbles and Self-Enforcing Debt," NBER Working Papers 12614, National Bureau of Economic Research, Inc.
    287. Costas Azariadis & Luisa Lambertini, 2002. "Excess Asset Returns with Limited Enforcement," American Economic Review, American Economic Association, vol. 92(2), pages 135-140, May.
    288. Kartik B. Athreya & Xuan S. Tam & Eric Young, 2009. "Are harsh penalties for default really better?," Working Paper 09-11, Federal Reserve Bank of Richmond.
    289. Alessandro Dovis & Wyatt Brooks, 2011. "Trade Liberalization with Endogenous Borrowing Constraints," 2011 Meeting Papers 631, Society for Economic Dynamics.
    290. António R. Antunes & Tiago V. de V. Cavalcanti, 2003. "Corruption, Credit Market Imperfections, and Economic Development," Working Papers w200317, Banco de Portugal, Economics and Research Department.
    291. Charles Grant & Mario Padula, 2006. "Informal Credit Markets, Judicial Costs and Consumer Credit: Evidence from Firm Level Data," CSEF Working Papers 155, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
    292. Mariacristina De Nardi & Giulio Fella, 2017. "Saving and Wealth Inequality," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 26, pages 280-300, October.
    293. Lang, Jan Hannes & Welz, Peter, 2018. "Semi-structural credit gap estimation," Working Paper Series 2194, European Central Bank.
    294. Almuth Scholl, 2002. "Limited Enforceable International Loans, International Risk Sharing and Trade," SFB 649 Discussion Papers SFB649DP2005-055, Sonderforschungsbereich 649, Humboldt University, Berlin, Germany, revised Aug 2005.
    295. Pamela Labadie, 2007. "Anonymity and Individual Risk," 2007 Meeting Papers 637, Society for Economic Dynamics.
    296. Toan Phan, 2016. "Information, Insurance and the Sustainability of Sovereign Debt," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 22, pages 93-108, October.
    297. Hanno Lustig & Stijn Van Nieuwerburgh, 2004. "A Theory of Housing Collateral, Consumption Insurance and Risk Premia," NBER Working Papers 10955, National Bureau of Economic Research, Inc.
    298. Martins-da-Rocha, Victor Filipe & Vailakis, Yiannis, 2010. "Competitive equilibria in infinite-horizon collateralized economies with default penalties," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 703, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    299. Phillip M Johnson, 2002. "Essays on Capital Markets: Frictions and Social Forces," Levine's Working Paper Archive 618897000000000052, David K. Levine.
    300. Jane Brown & Anders Wäppling & Helen Woodruffe-Burton & Kate Black, 2017. "The orbit of consumer credit choices," Journal of Financial Services Marketing, Palgrave Macmillan, vol. 22(2), pages 85-96, June.
    301. Patrick Bolton & Ye Li & Neng Wang & Jinqiang Yang, 2020. "Dynamic Banking and the Value of Deposits," NBER Working Papers 26802, National Bureau of Economic Research, Inc.
    302. Reichlin, Pietro, 2006. "Relating Output and Volatility in a Model of International Risk-Sharing with Limited Commitment," CEPR Discussion Papers 5557, C.E.P.R. Discussion Papers.
    303. Josef Schroth, 2016. "Financial Crisis Interventions," Staff Working Papers 16-29, Bank of Canada.
    304. Josef Schroth, 2021. "On the Distributional Effects of Bank Bailouts," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 40, pages 252-277, April.
    305. Edouard Challe & François Le Grand & Xavier Ragot, 2013. "Incomplete markets, liquidation risk, and the term structure of interest rates," PSE - Labex "OSE-Ouvrir la Science Economique" halshs-00944920, HAL.
    306. Grey Gordon, 2014. "Optimal Bankruptcy Code: A Fresh Start for Some," CAEPR Working Papers 2014-002, Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington.
    307. Sofía Bauducco & Alexandre Janiak, 2015. "On the welfare cost of bank concentration," Documentos de Trabajo 321, Centro de Economía Aplicada, Universidad de Chile.
    308. Kee-Youn Kang, 2023. "Cryptocurrency and double spending history: transactions with zero confirmation," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 75(2), pages 453-491, February.
    309. Cristina Arellano, 2005. "Default Risk, the Real Exchange Rate and Income Fluctuations in Emerging Economies," 2005 Meeting Papers 516, Society for Economic Dynamics.
    310. Sebastian Di Tella, 2017. "Optimal Regulation of Financial Intermediaries," NBER Working Papers 23586, National Bureau of Economic Research, Inc.
    311. Mr. Ehsan Ebrahimy, 2019. "Liquidity Choice and Misallocation of Credit," IMF Working Papers 2019/284, International Monetary Fund.
    312. Radim Bohacek, 2001. "Capital Accumulation And Moral Hazard In An Economy With Heterogeneous Agents," CeNDEF Workshop Papers, January 2001 1B.2, Universiteit van Amsterdam, Center for Nonlinear Dynamics in Economics and Finance.
    313. Costas Azariadis, 2013. "Credit policy in times of financial distress," Special Conference Papers 23, Bank of Greece.
    314. Carmen Camacho & Hye-Jin Cho, 2020. "Sorting in Credit Rationing: An Elementary Survey," PSE Working Papers halshs-03030433, HAL.
    315. Berentsen, Aleksander & Camera, Gabriele & Waller, Christopher, 2007. "Money, credit and banking," Journal of Economic Theory, Elsevier, vol. 135(1), pages 171-195, July.
    316. Tomasz Michalski, 2006. "Borders, Endogenous Market Access and Growth," DEGIT Conference Papers c011_007, DEGIT, Dynamics, Economic Growth, and International Trade.
    317. Benigno, Gianluca & Chen, Huigang & Otrok, Christopher & Rebucci, Alessandro & Young, Eric R., 2013. "Capital Controls or Real Exchange Rate Policy?: A Pecuniary Externality Perspective," IDB Publications (Working Papers) 4246, Inter-American Development Bank.
    318. Filipe Martins da Rocha & Yiannis Vailakis, 2017. "Borrowing in Excess of Natural Ability to Repay," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 23, pages 42-59, January.
    319. Wang, Min, 2010. "Essays on Environment, Natural Resource, Growth and Development," ISU General Staff Papers 201001010800002824, Iowa State University, Department of Economics.
    320. Sebastian Di Tella, 2017. "Optimal Regulation of Financial Intermediaries," 2017 Meeting Papers 28, Society for Economic Dynamics.
    321. Alexander Monge-Naranjo & Luis J. Hall, 2003. "Access to Credit and the Effect of Credit Constraints on Costa Rican Manufacturing Firms," Research Department Publications 3164, Inter-American Development Bank, Research Department.
    322. Costas Azariadis & Leo Kaas, 2004. "Endogenous Financial Development and Multiple Growth Regimes," Economic Working Papers at Centro de Estudios Andaluces E2004/08, Centro de Estudios Andaluces.
    323. Bechlioulis, Alexandros P. & Brissimis, Sophocles N., 2019. "Consumer debt non-payment and the borrowing constraint: Implications for consumer behavior," Journal of Banking & Finance, Elsevier, vol. 101(C), pages 161-172.
    324. Iraola, Miguel A. & Torres-Martínez, Juan Pablo, 2014. "Equilibrium in collateralized asset markets: Credit contractions and negative equity loans," Journal of Mathematical Economics, Elsevier, vol. 55(C), pages 113-122.
    325. Min Wang, 2014. "Optimal education policies under endogenous borrowing constraints," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 55(1), pages 135-159, January.
    326. Páscoa, Mário Rui & Seghir, Abdelkrim, 2009. "Harsh default penalties lead to Ponzi schemes," Games and Economic Behavior, Elsevier, vol. 65(1), pages 270-286, January.
    327. Gaetano Antinolfi & Costas Azariadis & James B. Bullard, 2007. "Monetary policy as equilibrium selection," Review, Federal Reserve Bank of St. Louis, vol. 89(Jul), pages 331-342.
    328. Carmen Camacho & Hye-Jin Cho, 2020. "Sorting in Credit Rationing: An Elementary Survey," Working Papers halshs-03030433, HAL.
    329. Bond, Philip & Rai, Ashok S., 2009. "Borrower runs," Journal of Development Economics, Elsevier, vol. 88(2), pages 185-191, March.
    330. Diamond, William & Landvoigt, Tim, 2022. "Credit cycles with market-based household leverage," Journal of Financial Economics, Elsevier, vol. 146(2), pages 726-753.
    331. Kletzer, Kenneth M. & Wright, Brian D., 1998. "Sovereign Debt as Intertemporal Barter," Santa Cruz Department of Economics, Working Paper Series qt4qg3c42v, Department of Economics, UC Santa Cruz.
    332. Gertler, M.*Rose,Thomas A., 1991. "Finance, growth, and public policy," Policy Research Working Paper Series 814, The World Bank.
    333. Afrasiab Mirza & Eric Stephens, 2016. "Securitization and Aggregate Investment Efficiency," Carleton Economic Papers 16-05, Carleton University, Department of Economics, revised 24 Jan 2017.
    334. Papagni, Erasmo, 2008. "The Long-run Effects of Household Liquidity Constraints and Taxation on Fertility, Education, Saving and Growth," MPRA Paper 12793, University Library of Munich, Germany.
    335. Grochulski, Borys & Zhang, Yuzhe, 2009. "Borrowing Constraint as an Optimal Contract," MPRA Paper 23216, University Library of Munich, Germany.
    336. Cuong Le Van & Ngoc-Sang Pham, 2016. "Intertemporal equilibrium with financial asset and physical capital," PSE - Labex "OSE-Ouvrir la Science Economique" hal-01302382, HAL.
    337. Charles Engel & Jungjae Park, 2018. "Debauchery and Original Sin: The Currency Composition of Sovereign Debt," GRU Working Paper Series GRU_2018_008, City University of Hong Kong, Department of Economics and Finance, Global Research Unit.
    338. Venky Venkateswaran & Randall Wright, 2013. "Pledgability and Liquidity: A New Monetarist Model of Financial and Macroeconomic Activity," NBER Chapters, in: NBER Macroeconomics Annual 2013, Volume 28, pages 227-270, National Bureau of Economic Research, Inc.
    339. Lance Lochner & Alexander Monge-Naranjo, 2002. "Human Capital Formation with Endogenous Credit Constraints," NBER Working Papers 8815, National Bureau of Economic Research, Inc.
    340. Cavalcanti, Ricardo de Oliveira & Wallace, Neil, 2006. "New models of old(?) payment questions," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 619, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    341. Xavier Mateos-Planas, 2011. "Consumer default with complete markets," 2011 Meeting Papers 954, Society for Economic Dynamics.
    342. Yu Awaya & Hiroki Fukai & Makoto Watanabe, 2017. "A Model of Collateral," Tinbergen Institute Discussion Papers 17-098/VII, Tinbergen Institute.
    343. V. Filipe Martins-Da-Rocha & Toan Phan & Yiannis Vailakis, 2022. "Pecuniary Externalities in Competitive Economies with Limited Pledgeability," Working Papers hal-03909596, HAL.
    344. Nikolov, Kalin, 2012. "A model of borrower reputation as intangible collateral," Working Paper Series 1490, European Central Bank.
    345. Weerachart Kilenthong, 2011. "Collateral premia and risk sharing under limited commitment," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 46(3), pages 475-501, April.
    346. Charles Grant, 2000. "Bankruptcy, Credit Constraints, and Insurance: Some Empirics," CSEF Working Papers 40, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
    347. Daniel Neuhann & Michael Sockin, 2019. "Risk-Sharing and Investment in Concentrated Markets," 2019 Meeting Papers 118, Society for Economic Dynamics.
    348. Philip Bond & Paul Huck & Sherrie L. W. Rhine & Robert M. Townsend, 1999. "Small business finance in two Chicago minority neighborhoods," Economic Perspectives, Federal Reserve Bank of Chicago, vol. 23(Q II), pages 46-62.
    349. Victor Filipe Martins da Rocha & Yiannis Vailakis, 2017. "On the Sovereign Debt Paradox," Post-Print hal-01097118, HAL.
    350. Jaime Guajardo, 2004. "Financial Frictions and Business Cycles in Developing Countries," Econometric Society 2004 Latin American Meetings 307, Econometric Society.
    351. Rampini, Adriano A. & Viswanathan, S., 2018. "Financing Insurance," CEPR Discussion Papers 12855, C.E.P.R. Discussion Papers.
    352. A. Rampini, Adriano, 2005. "Default and aggregate income," Journal of Economic Theory, Elsevier, vol. 122(2), pages 225-253, June.
    353. Andrew Atkeson & Harold Cole, 2005. "A Dynamic Theory of Optimal Capital Structure and Executive Compensation," NBER Working Papers 11083, National Bureau of Economic Research, Inc.
    354. Bloise, Gaetano & Citanna, Alessandro, 2015. "Uniqueness of competitive equilibrium with solvency constraints under gross-substitution," Journal of Mathematical Economics, Elsevier, vol. 61(C), pages 287-295.
    355. Christian Calmès, 2004. "Financial Market Imperfection, Overinvestment,and Speculative Precaution," Staff Working Papers 04-27, Bank of Canada.
    356. Andolfatto, David & Gervais, Martin, 2008. "Endogenous debt constraints in a life-cycle model with an application to social security," Journal of Economic Dynamics and Control, Elsevier, vol. 32(12), pages 3745-3759, December.
    357. Melanie Morten, 2016. "Temporary Migration and Endogenous Risk Sharing in Village India," NBER Working Papers 22159, National Bureau of Economic Research, Inc.
    358. Bloise, Gaetano & Polemarchakis, Herakles & Vailakis, Yiannis, 2018. "Sustainable Debt," CRETA Online Discussion Paper Series 45, Centre for Research in Economic Theory and its Applications CRETA.
    359. Josef Schroth, 2019. "Macroprudential Policy with Capital Buffers," Staff Working Papers 19-8, Bank of Canada.
    360. Bucher, Monika & Dietrich, Diemo & Tvede, Mich, 2018. "Coordination failures, bank runs and asset prices," Discussion Papers 39/2018, Deutsche Bundesbank.
    361. Chao Gu & Randall Wright, 2016. "Monetary Mechanisms," Working Papers 1601, Department of Economics, University of Missouri.
    362. Gondo, Rocío, 2013. "Default Externalities in Emerging Market Systemic Private Debt Crises," Working Papers 2013-023, Banco Central de Reserva del Perú.
    363. Elul, Ronel, 2008. "Collateral, credit history, and the financial decelerator," Journal of Financial Intermediation, Elsevier, vol. 17(1), pages 63-88, January.
    364. Ebrahimy, Ehsan, 2022. "Liquidity choice and misallocation of credit," European Economic Review, Elsevier, vol. 142(C).
    365. Malik, Samreen, 2014. "Ex-ante implications of sovereign default," Journal of Banking & Finance, Elsevier, vol. 49(C), pages 386-397.
    366. Rubén Poblete-Cazenave & Juan Pablo Torres-Martínez, 2010. "Equilibrium with limited-recourse collateralized loans," Working Papers wp313, University of Chile, Department of Economics.
    367. Lukas Altermatt & Kohei Iwasaki & Randall Wright, 2023. "General Equilibrium with Multiple Liquid Assets," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 51, pages 267-291, December.
    368. Patrick Bolton & Neng Wang & Jinqiang Yang, 2016. "Liquidity and Risk Management: Coordinating Investment and Compensation Policies," 2016 Meeting Papers 1703, Society for Economic Dynamics.
    369. Xavier Mateos-Planas & Giulio Seccia, 2014. "Consumer default with complete markets: default-based pricing and finite punishment," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 56(3), pages 549-583, August.
    370. James B. Bullard, 2012. "Death of a theory," Speech 190, Federal Reserve Bank of St. Louis.
      • James B. Bullard, 2012. "Death of a theory," Review, Federal Reserve Bank of St. Louis, vol. 94(Mar), pages 83-102.
    371. Janet Hua (duplicate record) Jiang & Peter Norman & Daniela Puzzello & Bruno Sultanum & Randall Wright, 2021. "Is Money Essential? An Experimental Approach," Working Paper 21-12, Federal Reserve Bank of Richmond.
    372. Iraola, Miguel & Torres-Martínez, Juan Pablo, 2013. "Liquidity Contractions, Incomplete Financial Participation and the Prevalence of Negative Equity Non-recourse Loans," MPRA Paper 46838, University Library of Munich, Germany.
    373. Chao Gu & Cyril Monnet & Ed Nosal & Randall Wright, 2023. "Diamond-Dybvig and Beyond: On the Instability of Banking," FRB Atlanta Working Paper 2023-02, Federal Reserve Bank of Atlanta.
    374. YiLi Chien & Yi Wen, 2017. "Optimal Ramsey Capital Income Taxation —A Reappraisal," Working Papers 2017-24, Federal Reserve Bank of St. Louis.
    375. Pierfederico Asdrubali & Simone Tedeschi & Luigi Ventura, 2020. "Household risk‐sharing channels," Quantitative Economics, Econometric Society, vol. 11(3), pages 1109-1142, July.
    376. Aguiar, Mark & Amador, Manuel, 2014. "Sovereign Debt," Handbook of International Economics, in: Gopinath, G. & Helpman, . & Rogoff, K. (ed.), Handbook of International Economics, edition 1, volume 4, chapter 0, pages 647-687, Elsevier.
    377. Gao, Xiang, 2011. "essays in international economics," ISU General Staff Papers 201101010800003244, Iowa State University, Department of Economics.
    378. Kurlat, Pablo, 2021. "Investment externalities in models of fire sales," Journal of Monetary Economics, Elsevier, vol. 122(C), pages 102-118.
    379. Tobias Broer, 2009. "Stationary equilibrium distributions in economies with limited commitment," Economics Working Papers ECO2009/39, European University Institute.
    380. Josef Schroth, 2012. "Financial Crisis Resolution," 2012 Meeting Papers 617, Society for Economic Dynamics.
    381. David Andolfatto & Martin Gervais, 2006. "Human Capital Investment and Debt Constraints," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 9(1), pages 52-67, January.
    382. Nicolas L. Jacquet & Serene Tan, 2011. "Money, Bargaining, and Risk Sharing," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 43(s2), pages 419-442, October.
    383. Broer, Tobias, 2020. "Consumption insurance over the business cycle," CEPR Discussion Papers 14579, C.E.P.R. Discussion Papers.
    384. Rojas-Breu, M., 2011. "Debt enforcement and the return on money," Working papers 345, Banque de France.
    385. Kletzer, Kenneth & Wright, Brian D., 1995. "Sovereign Debt as Intertemporal Barter," CUDARE Working Papers 198642, University of California, Berkeley, Department of Agricultural and Resource Economics.
    386. Geoffrey Dunbar, 2005. "International Lending, Capital Controls and Wealth Inequality," 2005 Meeting Papers 492, Society for Economic Dynamics.
    387. Perri, Fabrizio & Krueger, Dirk, 2002. "Does Income Inequality Lead to Consumption Inequality?," CEPR Discussion Papers 3583, C.E.P.R. Discussion Papers.
    388. Ottonello, Pablo, 2021. "Optimal exchange-rate policy under collateral constraints and wage rigidity," Journal of International Economics, Elsevier, vol. 131(C).
    389. Juan A. Rojas & Carlos Urrutia, 2008. "Social Security with Uninsurable Income Risk and Endogenous Borrowing Constraints," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 11(1), pages 83-103, January.
    390. Christian Hellwig, 2003. "Bubbles and Self-enforcing Debt (October 2006, with Guido Lorenzoni)," UCLA Economics Online Papers 229, UCLA Department of Economics.
    391. Akın, Ş. Nuray & Leukhina, Oksana, 2015. "Risk-sharing within families: Evidence from the Health and Retirement Study," Journal of Economic Dynamics and Control, Elsevier, vol. 52(C), pages 270-284.
    392. Aguiar, Mark & Amador, Manuel, 2019. "A contraction for sovereign debt models," Journal of Economic Theory, Elsevier, vol. 183(C), pages 842-875.
    393. Marc-Andre Letendre, 2000. "Linear Approximation Methods and International Real Business Cycles with Incomplete Asset Markets," Econometric Society World Congress 2000 Contributed Papers 1539, Econometric Society.
    394. Been-Lon Chen & Yeong-Yuh Chiang & Ping Wang, 2008. "Credit Market Imperfections and Long-Run Macroeconomic Consequences," Annals of Economics and Finance, Society for AEF, vol. 9(1), pages 151-175, May.
    395. Swapnil Singh & Christian A. Stoltenbergz, 2018. "How Much Do Households Really Know About Their Future Income?," Bank of Lithuania Working Paper Series 55, Bank of Lithuania.
    396. Dutta, Jayasri & Kapur, Sandeep, 2002. "Default and efficient debt markets," Journal of Mathematical Economics, Elsevier, vol. 38(1-2), pages 249-270, September.
    397. Bardsley, Peter & Meager, Rachael, 2019. "Competing lending platforms, endogenous reputation, and fragility in microcredit markets," European Economic Review, Elsevier, vol. 112(C), pages 107-126.
    398. Jaevin Park, 2020. "Inside Money, Business Cycle, and Bank Capital Requirements," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 36, pages 103-121, April.
    399. Piotr Denderski & Christian Stoltenberg, 2015. "On Positive Value of Information in Risk Sharing," Tinbergen Institute Discussion Papers 15-074/VI, Tinbergen Institute.
    400. Gao, Xiang, 2009. "Private Debt with Default Risk within and across Border," MPRA Paper 17126, University Library of Munich, Germany.
    401. Wang, Chien-Chiang & Li, Yiting, 2023. "Anonymous credit," MPRA Paper 118480, University Library of Munich, Germany.
    402. Victor Filipe Martins da Rocha & Rafael Mouallem Rosa, 2023. "Complete Markets with Bankruptcy Risk and Pecuniary Default Penalties," Post-Print hal-02921220, HAL.
    403. Rui Castro, 2005. "Economic Development and Growth in the World Economy," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 8(1), pages 195-230, January.
    404. Diego J. Perez, 2015. "Sovereign Debt, Domestic Banks and the Provision of Public Liquidity," Discussion Papers 15-016, Stanford Institute for Economic Policy Research.
    405. Azariadis, Costas & Choi, Kyoung Jin, 2013. "Credit crunches as markov equilibria," Journal of Macroeconomics, Elsevier, vol. 38(PA), pages 2-11.
    406. Carolina Osorio, 2011. "A Proposal on Macro-prudential Regulation," Revista ESPE - Ensayos sobre Política Económica, Banco de la Republica de Colombia, vol. 29(64), pages 235-287, July.
    407. Dirk Krueger & Harald Uhlig, 2024. "Neoclassical Growth with Limited Commitment," PIER Working Paper Archive 22-023, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    408. Benjamin Moll, 2009. "Creditor Rights, Inequality and Development in a Neoclassical Growth Model," 2009 Meeting Papers 1168, Society for Economic Dynamics.
    409. Kuhn, Moritz & Krebs, Tom & Wright, Mark L.J., 2016. "Under-Insurance in Human Capital Models with Limited Enforcement," CEPR Discussion Papers 11612, C.E.P.R. Discussion Papers.
    410. Eric Van Tassel, 2009. "Moral Hazard and Capital Requirements in a Lending Model of Credit Denial," Working Papers 09003, Department of Economics, College of Business, Florida Atlantic University.
    411. Timothy J. Kehoe & David K. Levine, 2006. "Bankruptcy and Collateral in Debt Constrained Markets," NBER Working Papers 12656, National Bureau of Economic Research, Inc.
    412. Fabrizio Perri & Dirk Krueger, 2008. "How does Household Consumption Respond to Income Shocks? Evidence and Theory," 2008 Meeting Papers 910, Society for Economic Dynamics.
    413. Tarun Sabarwal, 2000. "Welfare Effects of Bankruptcy," Levine's Working Paper Archive 1980, David K. Levine.
    414. Costas Azariadis & Leo Kaas, 2007. "Is dynamic general equilibrium a theory of everything?," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 32(1), pages 13-41, July.
    415. Yena Park, 2018. "Constrained Efficiency in a Human Capital Model," American Economic Journal: Macroeconomics, American Economic Association, vol. 10(3), pages 179-214, July.
    416. Antonio Antunes & Tiago Cavalcanti & Anne Villamil, 2006. "The Effect of Financial Repression & Enforcement on Entrepreneurship and Economic Development," Development Economics Working Papers 21816, East Asian Bureau of Economic Research.
    417. Burak Uras, 2012. "Entrepreneurship and Technology Choice with Limited Contract Enforcement," 2012 Meeting Papers 599, Society for Economic Dynamics.
    418. Dietrich, Diemo & Shin, Jong Kook & Tvede, Mich, 2020. "Debt constraints and monetary policy," Journal of Mathematical Economics, Elsevier, vol. 87(C), pages 31-42.
    419. Eva Carceles Poveda & Arpad Abraham, 2009. "Tax Reform with Endogenous Borrowing Limits and Incomplete Asset Markets," 2009 Meeting Papers 1196, Society for Economic Dynamics.
    420. Gaetano Bloise, 2013. "The structure of competitive equilibrium with unsecured debt," Departmental Working Papers of Economics - University 'Roma Tre' 0187, Department of Economics - University Roma Tre.
    421. Dirk Krueger & Fabrizio Perri, 2005. "The Research Agenda: Dirk Krueger and Fabrizio Perri on Risk Sharing across Households, Generations and Countries," EconomicDynamics Newsletter, Review of Economic Dynamics, vol. 6(2), April.
    422. Mark Aguiar & Manuel Amador, 2013. "Sovereign Debt: A Review," NBER Working Papers 19388, National Bureau of Economic Research, Inc.
    423. Junkee Jeon & Hyeng Keun Koo & Kyunghyun Park, 2018. "Optimal Insurance with Limited Commitment in a Finite Horizon," Papers 1812.11669, arXiv.org, revised Jan 2019.
    424. Ai, Hengjie & Li, Rui, 2015. "Investment and CEO compensation under limited commitment," Journal of Financial Economics, Elsevier, vol. 116(3), pages 452-472.
    425. Aloisio Araujo & J. Mauricio Villalba, 2022. "Equilibrium efficiency with secured and unsecured assets," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 73(4), pages 1025-1049, June.
    426. Xavier Ragot & François Le Grand, 2011. "Default and Credit Constraint in General equilibrium," 2011 Meeting Papers 1165, Society for Economic Dynamics.
    427. Hong Chen & Murray Frank, 2016. "Are Direct Investments by the Federal Reserve a Good Idea? A Corporate Finance Perspective," Quarterly Journal of Finance (QJF), World Scientific Publishing Co. Pte. Ltd., vol. 6(03), pages 1-48, September.

  53. Timothy J. Kehoe, 1992. "Modeling the dynamic impact of North American free trade," Working Papers 491, Federal Reserve Bank of Minneapolis.

    Cited by:

    1. Kehoe, Timothy J., 2002. "An Evaluation of the Performance of Applied General Equilibrium Models of the Impact of NAFTA," Conference papers 331066, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    2. Julio Huato, 2005. "Maquiladoras and Standard of Living in Mexico Before and After NAFTA," Development and Comp Systems 0508006, University Library of Munich, Germany.
    3. Braga, Carlos A. Primo*Safadi, Raed*Yeats, Alexa, 1994. "NAFTA's Implications for East Asian exports," Policy Research Working Paper Series 1351, The World Bank.
    4. Timothy J. Kehoe & Kim J. Ruhl, 2010. "Why Have Economic Reforms in Mexico Not Generated Growth?," Journal of Economic Literature, American Economic Association, vol. 48(4), pages 1005-1027, December.
    5. Murray G Smith, 2011. "The North American Free Trade Agreement: Fait Accompli?," Chapters, in: Miroslav N. Jovanović (ed.), International Handbook on the Economics of Integration, Volume I, chapter 15, Edward Elgar Publishing.
    6. Sven Arndt, 1996. "North American Free Trade: An assessment," Open Economies Review, Springer, vol. 7(1), pages 77-92, January.
    7. González-Vega, Claudio, 1995. "Strategic options of commercial policy for Central America: basic guidelines," Oficina de la CEPAL en Washington (Estudios e Investigaciones) 28977, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    8. Plummer, Michael G., 2006. "Toward Win-Win Regionalism in Asia: Issues and Challenges in Forming Efficient Trade Agreements," Working Papers on Regional Economic Integration 5, Asian Development Bank.

  54. David K. Backus & Patrick J. Kehoe & Timothy J. Kehoe, 1992. "In search of scale effects in trade and growth," Staff Report 152, Federal Reserve Bank of Minneapolis.

    Cited by:

    1. Capolupo, Rosa, 2009. "The New Growth Theories and Their Empirics after Twenty Years," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 3, pages 1-72.
    2. Eicher, Theo S. & Turnovsky, Stephen J., 2001. "Transitional dynamics in a two-sector non-scale growth model," Journal of Economic Dynamics and Control, Elsevier, vol. 25(1-2), pages 85-113, January.
    3. Stephen Turnovsky, 2000. "Growth in an Open Economy: Some Recent Developments," Discussion Papers in Economics at the University of Washington 0015, Department of Economics at the University of Washington.
    4. Klaus NEUSSER, 1992. "Dynamics of Total Factor Productivities," Vienna Economics Papers vie9206, University of Vienna, Department of Economics.
    5. Jones, Charles I., 2005. "Growth and Ideas," Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 1, chapter 16, pages 1063-1111, Elsevier.
    6. Stephen Turnovsky, 2000. "The Transitional Dynamics of Fiscal Policy: Long-run Capital Accumulation and Growth," Discussion Papers in Economics at the University of Washington 0018, Department of Economics at the University of Washington.
    7. R. Andergassen & F. Nardini, 2002. "Endogenous Innovation Waves and Economic Growth," Working Papers 446, Dipartimento Scienze Economiche, Universita' di Bologna.
    8. Neil Dias Karunaratne, 2007. "Microeconomic Reform and Technical Efficiency in Australian Manufacturing," Discussion Papers Series 345, School of Economics, University of Queensland, Australia.
    9. Italo Colantone & Rosario Crinò, 2011. "New Imported Inputs, New Domestic Products," Development Working Papers 312, Centro Studi Luca d'Agliano, University of Milano.
    10. Junius, Karsten, 1997. "Economies of scale: A survey of the empirical literature," Kiel Working Papers 813, Kiel Institute for the World Economy (IfW Kiel).
    11. Klaus Desmet & Stephen L. Parente, 2009. "The evolution of markets and the revolution of industry: A unified theory of growth," Working Papers 2009-06, Instituto Madrileño de Estudios Avanzados (IMDEA) Ciencias Sociales.
    12. Gundlach, Erich, 1993. "Determinanten des Wirtschaftswachstums: Hypothesen und empirische Evidenz," Open Access Publications from Kiel Institute for the World Economy 1583, Kiel Institute for the World Economy (IfW Kiel).
    13. John F. Helliwell, 1992. "Empirical Linkages Between Democracy and Economic Growth," NBER Working Papers 4066, National Bureau of Economic Research, Inc.
    14. Sharri Byron, 2012. "Examining Foreign Aid Fungibility in Small Open Economies," Open Economies Review, Springer, vol. 23(4), pages 675-712, September.
    15. Lutz Arnold, 2007. "A generalized multi-country endogenous growth model," International Economics and Economic Policy, Springer, vol. 4(1), pages 61-100, April.
    16. Jaewon Jung, 2019. "Technology, skill, and growth in a global economy," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 68(3), pages 609-641, October.
    17. Luis A. Rivera-Batiz & Paul M. Romer, 1991. "Economic Integration and Endogenous Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 106(2), pages 531-555.
    18. Long, N.V. & Wong, K.Y., 1996. "Endogenous Growth and International Trade: A Survey," Discussion Papers in Economics at the University of Washington 96-07, Department of Economics at the University of Washington.
    19. Christopher Laincz & Pietro Peretto, 2006. "Scale effects in endogenous growth theory: an error of aggregation not specification," Journal of Economic Growth, Springer, vol. 11(3), pages 263-288, September.
    20. Carmen D. Álvarez‐Albelo & Antonio Manresa & Mònica Pigem‐Vigo, 2018. "Growing through trade in intermediate goods: the role of foreign growth and domestic tariffs," Scottish Journal of Political Economy, Scottish Economic Society, vol. 65(4), pages 414-436, September.
    21. Frantzen D., 2002. "R&D Spillovers and Scale Effects," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 222(6), pages 727-749, December.
    22. Simone Valente, 2009. "Optimal Policy and Non-Scale Growth with R&D Externalities," CER-ETH Economics working paper series 09/116, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
    23. Natalia Ramondo & Andrés Rodríguez-Clare & Milagro Saborío-Rodríguez, 2016. "Trade, Domestic Frictions, and Scale Effects," American Economic Review, American Economic Association, vol. 106(10), pages 3159-3184, October.
    24. Alberto Botta, 2014. "Structural Asymmetries at the Roots of the Eurozone Crisis: What’s New for Industrial Policy in the EU?," Economics Working Paper Archive wp_794, Levy Economics Institute.
    25. Alberto Bucci & Lorenzo Carbonari & Pedro Mazeda Gil & Giovanni Trovato, 2020. "Economic Growth and Innovation Complexity: An Empirical Estimation of a Hidden Markov Model," CEIS Research Paper 483, Tor Vergata University, CEIS, revised 12 Nov 2021.
    26. Shang-Jin Wei, 1993. "Open door policy and China's rapid growth: evidence from city-level data," Pacific Basin Working Paper Series 93-09, Federal Reserve Bank of San Francisco.
    27. Srinivasan, T.N. & Robinson, J.A., 1995. "Long-Term Consequences of Population Growth: Technological Change, Natural Resources, and the Environment," Papers 748, Yale - Economic Growth Center.
    28. Richard Baldwin & Henrik Braconier & Rikard Forslid, 2005. "Multinationals, Endogenous Growth, and Technological Spillovers: Theory and Evidence," Review of International Economics, Wiley Blackwell, vol. 13(5), pages 945-963, November.
    29. Munisamy, Gopinath & Roe, Terry L., 1995. "Sources of Sectoral Growth in an Economy Wide Context: The Case of U.S. Agriculture," Bulletins 7454, University of Minnesota, Economic Development Center.
    30. Stephen Turnovsky, 1999. "Knife-Edge Conditions and the Macroeconomics of Small Open Economies," Discussion Papers in Economics at the University of Washington 0031, Department of Economics at the University of Washington.
    31. William C. Gruben & John H. Welch, 1994. "Is NAFTA economic integration?," Economic and Financial Policy Review, Federal Reserve Bank of Dallas, issue Q II, pages 35-51.
    32. Eicher Theo S. & Turnovsky Stephen J. & Walz Uwe, 2000. "Optimal Policy for Financial Market Liberalizations: Decentralization and Capital Flow Reversals," German Economic Review, De Gruyter, vol. 1(1), pages 19-42, February.
    33. J. David Richardson & Pamela J. Smith, 1995. "Sectoral Growth Across U.S. States: Factor Content, Linkages, and Trade," NBER Working Papers 5094, National Bureau of Economic Research, Inc.
    34. Theo Eicher & Stephen J. Turnovsky, 2000. "Scale, Congestion and Growth," Economica, London School of Economics and Political Science, vol. 67(267), pages 325-346, August.
    35. Klaus WAELDE, 2002. "Capital accumulation in a model of growth and creative destruction," LIDAM Discussion Papers IRES 2002038, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    36. Pierre Cahuc & Philippe Michel, 1995. "Salaire minimum, croissance et bien-être," Revue Économique, Programme National Persée, vol. 46(3), pages 585-594.
    37. Satish Chand & Kunal Sen, 1996. "Trade Liberalization and Productivity Growth: Evidence from Indian Manufacturing," Departmental Working Papers 1996-11, The Australian National University, Arndt-Corden Department of Economics.
    38. Minniti, Antonio & Parello, Carmelo Pierpaolo, 2011. "Trade integration and regional disparity in a model of scale-invariant growth," Regional Science and Urban Economics, Elsevier, vol. 41(1), pages 20-31, January.
    39. Alessandro Olper & Daniele Curzi & Valentina Raimondi, 2017. "Imported Intermediate Inputs and Firms’ Productivity Growth: Evidence from the Food Industry," Journal of Agricultural Economics, Wiley Blackwell, vol. 68(1), pages 280-300, February.
    40. Chang, Shu-hua & Lai, Ching-chong, 2016. "Vertical separation versus vertical integration in an endogenously growing economy," International Review of Economics & Finance, Elsevier, vol. 44(C), pages 359-380.
    41. Alwyn Young, 1995. "Growth Without Scale Effects," NBER Working Papers 5211, National Bureau of Economic Research, Inc.
    42. MARTINS, Ana Paula, 2015. "Increasing Returns And Endogenous Growth: Market Size And Taste For Variety," Academica Science Journal, Economica Series, Dimitrie Cantemir University, Faculty of Economical Science, vol. 1(5), pages 3-33, June.
    43. Gray, Elie & Grimaud, André, 2016. "Using the Salop Circle to Study Scale Effects in Schumpeterian Growth Models: Why Inter-sectoral Knowledge Diffusion Matters," TSE Working Papers 16-676, Toulouse School of Economics (TSE).
    44. Daron Acemoglu & Fabrizio Zilibotti, 1997. "Setting standards: Information accumulation in development," Economics Working Papers 212, Department of Economics and Business, Universitat Pompeu Fabra.
    45. Elie Gray & André Grimaud, 2016. "Using the Salop Circle to Study Scale Effects in Schumpeterian Growth Models: Why Inter-sectoral Knowledge Diffusion Matters," CESifo Working Paper Series 6021, CESifo.
    46. Anusua Datta & Hamid Mohtadi, 2006. "Endogenous Imitation and Technology Absorption in a Model of North-South Trade," International Economic Journal, Taylor & Francis Journals, vol. 20(4), pages 431-459.
    47. Cahuc, P. & Michel, P., 1992. "Minimum Wage, Unemployment and Growth," Papiers d'Economie Mathématique et Applications 92.35, Université Panthéon-Sorbonne (Paris 1).
    48. Peretto, Pietro F., 1999. "Industrial development, technological change, and long-run growth," Journal of Development Economics, Elsevier, vol. 59(2), pages 389-417, August.
    49. Govindan, Kumaresan & Gopinath, Munisamy & Roe, Terry L., 1996. "Growth accounting, supply response and factor returns in general equilibrium: The case of Indonesia," Journal of Asian Economics, Elsevier, vol. 7(1), pages 77-95.
    50. John F. Helliwell, 1996. "Economic Growth and Social Capital in Asia," NBER Working Papers 5470, National Bureau of Economic Research, Inc.
    51. Stolpe, Michael, 1995. "Technology and the dynamics of specialization in open economies," Open Access Publications from Kiel Institute for the World Economy 738, Kiel Institute for the World Economy (IfW Kiel).
    52. Lucas, Robert E, Jr, 1993. "Making a Miracle," Econometrica, Econometric Society, vol. 61(2), pages 251-272, March.
    53. Ruttan, Vernon W., 1998. "Growth Economics And Development Economics: What Should Development Economists Learn (If Anything) From The New Growth Theory?," Bulletins 12972, University of Minnesota, Economic Development Center.
    54. Margaret S. McMillan & William A. Masters, 2000. "Climate and scale in economic growth," CSAE Working Paper Series 2000-13, Centre for the Study of African Economies, University of Oxford.
    55. Sala-I-Martin, X., 1990. "Lecture Notes On Economic Growth: Five Prototype Models Of Endogenous Growth," Papers 622, Yale - Economic Growth Center.
    56. Graham, Bryan S. & Jonathan Temple, 2002. "Rich Nations, Poor Nations: How much can multiple equilibria explain?," Royal Economic Society Annual Conference 2002 91, Royal Economic Society.
    57. Pamela J. Smith & Sebastian J. Anti, 2022. "How does TRIPs compliance affect the economic growth of developing countries? Application of the Synthetic Control method," The World Economy, Wiley Blackwell, vol. 45(12), pages 3873-3906, December.
    58. Ben-David, D. & Loewy, M.B., 1996. "Free Trade and Long-Run Growth," Papers 32-96, Tel Aviv.
    59. Tsoukis, Christopher & Miller, Nigel James, 2008. "Learning, scale effects, and (very) long-run growth," Economic Modelling, Elsevier, vol. 25(3), pages 446-462, May.
    60. Gopinath, Munisamy & Kennedy, P. Lynn & Roe, Terry L., 1995. "Trade, growth, and welfare linkages in North America: An empirical analysis," The North American Journal of Economics and Finance, Elsevier, vol. 6(2), pages 189-201.
    61. John J. Seater & Lei Ji, 2012. "Trade, Growth, and the World Income Distribution," DEGIT Conference Papers c017_033, DEGIT, Dynamics, Economic Growth, and International Trade.
    62. Huang, Chien-Yu & Ji, Lei, 2013. "Knowledge-intensive business services and economic growth with endogenous market structure," Journal of Macroeconomics, Elsevier, vol. 38(PA), pages 95-106.
    63. Xiyan Mao & Peiyu Wang, 2023. "Import–export nexus and China's emerging trade in environmental goods," Growth and Change, Wiley Blackwell, vol. 54(1), pages 157-181, March.
    64. Dinopoulos, Elias & Thompson, Peter, 2000. "Endogenous growth in a cross-section of countries," Journal of International Economics, Elsevier, vol. 51(2), pages 335-362, August.
    65. Ji Chou, 1995. "Old and New Development Models: The Taiwanese Experience," NBER Chapters, in: Growth Theories in Light of the East Asian Experience, pages 105-127, National Bureau of Economic Research, Inc.
    66. Ben-David, Dan & Loewy, Michael B, 1998. "Free Trade, Growth, and Convergence," Journal of Economic Growth, Springer, vol. 3(2), pages 143-170, June.
    67. Papell, David H. & Prodan, Ruxandra, 2014. "Long run time series tests of constant steady-state growth," Economic Modelling, Elsevier, vol. 42(C), pages 464-474.
    68. Boyan Jovanovic, 1995. "Learning and Growth," NBER Working Papers 5383, National Bureau of Economic Research, Inc.
    69. Gundlach, Erich, 1993. "On the empirics of capital accumulation and economic growth," Kiel Working Papers 577, Kiel Institute for the World Economy (IfW Kiel).
    70. Futagami, Koichi & Iwaisako, Tatsuro, 2007. "Dynamic analysis of patent policy in an endogenous growth model," Journal of Economic Theory, Elsevier, vol. 132(1), pages 306-334, January.
    71. John J. Seater, 2005. "Trade, Growth, and Technology Equalization," DEGIT Conference Papers c010_008, DEGIT, Dynamics, Economic Growth, and International Trade.
    72. Huang, Wei-Chi & Lai, Ching-Chong & Chen, Ping-Ho, 2017. "International R&D funding and patent collateral in an R&D-based growth model," International Review of Economics & Finance, Elsevier, vol. 51(C), pages 545-561.
    73. Brito, João Antonio, 2015. "Social Cohesion and Economic Growth: Small States vs Large States," MPRA Paper 66118, University Library of Munich, Germany.
    74. Roy, Jayjit, 2017. "On the environmental consequences of intra-industry trade," Journal of Environmental Economics and Management, Elsevier, vol. 83(C), pages 50-67.
    75. Emmanouil Karakostas, 2022. "The Effects of Protectionism on the Exports of the Trade Partners: A Composite Index," International Journal of Business and Economic Sciences Applied Research (IJBESAR), International Hellenic University (IHU), Kavala Campus, Greece (formerly Eastern Macedonia and Thrace Institute of Technology - EMaTTech), vol. 15(1), pages 58-70, July.
    76. Giannetti, Mariassunta, 2002. "The effects of integration on regional disparities: Convergence, divergence or both?," European Economic Review, Elsevier, vol. 46(3), pages 539-567, March.
    77. David M. Gould & William C. Gruben, 1994. "The role of intellectual property rights in economic growth," Working Papers 9409, Federal Reserve Bank of Dallas.
    78. Holger Strulik, 2003. "Mortality, the Trade‐off between Child Quality and Quantity, and Demo‐economic Development," Metroeconomica, Wiley Blackwell, vol. 54(4), pages 499-520, November.
    79. Goh, Ai-Ting & Olivier, Jacques, 2001. "Learning by Doing, Trade in Capital Goods and Growth," LIDAM Discussion Papers IRES 2001002, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    80. Doyle, Eleanor & O’Connor, Fergal, 2013. "Innovation capacities in advanced economies: Relative performance of small open economies," Research in International Business and Finance, Elsevier, vol. 27(1), pages 106-123.
    81. Gokan, Yoichi, 2003. "The speed of convergence and alternative government financing," Journal of Economic Dynamics and Control, Elsevier, vol. 27(9), pages 1517-1531, July.
    82. Peretto, P. & Smulders, J.A., 2002. "Technological distance, growth and scale effects," Other publications TiSEM bdce08a7-4ad9-4427-a99e-f, Tilburg University, School of Economics and Management.
    83. Reichlin, Pietro & Rustichini, Aldo, 1998. "Diverging patterns with endogenous labor migration," Journal of Economic Dynamics and Control, Elsevier, vol. 22(5), pages 703-728, May.
    84. Timothy J. Kehoe & Kim J. Ruhl, 2010. "Why Have Economic Reforms in Mexico Not Generated Growth?," Journal of Economic Literature, American Economic Association, vol. 48(4), pages 1005-1027, December.
    85. Lutz G. Arnold, 2002. "On the Effectiveness of Growth‐Enhancing Policies in a Model of Growth Without Scale Effects," German Economic Review, Verein für Socialpolitik, vol. 3(3), pages 339-346, August.
    86. Mäki-Arvela, Petteri, 2002. "Testing the Neoclassical Model of Regional Economic Growth: A Panel Data Approach across the Finnish Provinces, 1973-1996," The Review of Regional Studies, Southern Regional Science Association, vol. 32(2), pages 223-253, Summer/Fa.
    87. Davis, Lewis S., 2008. "Scale effects in growth: A role for institutions," Journal of Economic Behavior & Organization, Elsevier, vol. 66(2), pages 403-419, May.
    88. Garey Ramey & Valerie A. Ramey, 1991. "Technology Commitment and the Cost of Economic Fluctuations," NBER Working Papers 3755, National Bureau of Economic Research, Inc.
    89. Oscar Afonso & Manuela Magalhães, 2021. "The role of intellectual property rights in a directed technical change model," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 26(2), pages 2142-2176, April.
    90. Benjamin Russo, 2002. "Taxes, the Speed of Convergence, and Implications for Welfare Effects of Fiscal Policy," Southern Economic Journal, John Wiley & Sons, vol. 69(2), pages 444-456, October.
    91. Juergen Antony, 2005. "Weak Scale Effects in Growth Models," Discussion Paper Series 276, Universitaet Augsburg, Institute for Economics.
    92. Christian Broda & Joshua Greenfield & David Weinstein, 2006. "From Groundnuts to Globalization: A Structural Estimate of Trade and Growth," NBER Working Papers 12512, National Bureau of Economic Research, Inc.
    93. Veysel Ulusoy, 2001. "Trade and Convergence: A Dynamic Panel Data Approach," Southern Economic Journal, John Wiley & Sons, vol. 68(1), pages 133-144, July.
    94. Benjamin Russo, 2009. "Innovation and the Long‐Run Elasticity of Total Taxable Income," Southern Economic Journal, John Wiley & Sons, vol. 75(3), pages 798-828, January.
    95. Asea, Patrick K. & Lahiri, Amartya, 1999. "The precious bane," Journal of Economic Dynamics and Control, Elsevier, vol. 23(5-6), pages 823-849, April.
    96. Alberto Botta, 2014. "Structural asymmetries at the roots of the eurozone crisis: what's new for industrial policy in the EU?," PSL Quarterly Review, Economia civile, vol. 67(269), pages 169-216.
    97. Charles Leung & Sam Tang & Nicolaas Groenewold, 2006. "Growth Volatility and Technical Progress: A Simple Rent-seeking Model," Journal of Economics, Springer, vol. 88(2), pages 159-178, August.
    98. Brito, Joao, 2015. "Country Size and Determinants of Economic Growth: A Survey with Special Interest on Small States," MPRA Paper 61273, University Library of Munich, Germany.
    99. Jing Fang, 2018. "Country Size and Strategic Trade Policy: A Model of a Dominant Country Facing a Competitive Fringe," Annals of Economics and Finance, Society for AEF, vol. 19(1), pages 279-300, May.
    100. Stephen L. Parente & Edward C. Prescott, 1991. "Technology adoption and growth," Staff Report 136, Federal Reserve Bank of Minneapolis.
    101. Renelt, David, 1991. "Economic growth : a review of the theoretical and empirical literature," Policy Research Working Paper Series 678, The World Bank.
    102. Sylvie DEMURGER, 1996. "On the Role of Openness in the Chinese Industrial Growth Process - A city-level assessment," Working Papers 199604, CERDI.
    103. Peretto, Pietro F., 2003. "Endogenous market structure and the growth and welfare effects of economic integration," Journal of International Economics, Elsevier, vol. 60(1), pages 177-201, May.
    104. Peter Funk, 2005. "Competition and Growth in a Vintage Knowledge Model," Working Paper Series in Economics 15, University of Cologne, Department of Economics.
    105. Sergey Kondyan & Karine Yenokyan, 2019. "Cross-country Knowledge Spillovers and Innovations in Less Developed Countries in the Context of the Schumpeterian Growth Model," Journal of Industry, Competition and Trade, Springer, vol. 19(3), pages 479-500, September.
    106. Christopher A. Laincz & Pietro F. Peretto, 2004. "Scale Effects, An Error of Aggregation Not Specification: Empirical Evidence," DEGIT Conference Papers c009_037, DEGIT, Dynamics, Economic Growth, and International Trade.
    107. Sjögren, Anna, 1998. "Human Capital, R&D and Economic Growth," SSE/EFI Working Paper Series in Economics and Finance 238, Stockholm School of Economics.
    108. Fernando Sánchez-Losada, 2014. "Endogenous growth with capital in R&D production functions," UB School of Economics Working Papers 2014/306, University of Barcelona School of Economics.
    109. Peretto, Pietro F., 1996. "Firm Size, Rivalry and the Extent of the Market in Endogenous Technological Change," Working Papers 96-07, Duke University, Department of Economics.
    110. Reynaerts, Jo & Vanschoonbeek, Jakob, 2016. "The Economics of State Fragmentation - Assessing the Economic Impact of Secession," MPRA Paper 69681, University Library of Munich, Germany.
    111. Gopinath, Munisamy & Roe, Terry L., 1996. "R&D Spillovers: Evidence from U.S. Food Processing, Farm Machinery and Agriculture," Bulletins 7504, University of Minnesota, Economic Development Center.
    112. Tsur, Yacov & Zemel, Amos, 2002. "On Knowledge-Based Economic Growth," Discussion Papers 14997, Hebrew University of Jerusalem, Department of Agricultural Economics and Management.
    113. Peretto, Pietro F., 2007. "Corporate taxes, growth and welfare in a Schumpeterian economy," Journal of Economic Theory, Elsevier, vol. 137(1), pages 353-382, November.
    114. Stephen Turnovsky & Santanu Chatterjee, 2002. "To Spend the US Government Surplus or to Increase the Deficit? A Numerical Analysis of the Policy Options," Working Papers UWEC-2002-19-P, University of Washington, Department of Economics.
    115. Elshennawy, Abeer, 2005. "Egypt: The Environment for Adjustment to Trade Liberalization," Staff Papers 13895, University of Minnesota, Department of Applied Economics.
    116. Juergen Antony, 2005. "Scale Externalities of the G7 Countries," Discussion Paper Series 280, Universitaet Augsburg, Institute for Economics.
    117. Afonso, Óscar, 2016. "Effects of labour-market institutions on employment, wages, R&D intensity and growth in 27 OECD countries: From theory to practice," Economic Modelling, Elsevier, vol. 53(C), pages 48-62.
    118. Lei Ji, 2013. "Cross-industry tfp growth differences with asymmetric industries and the endogenous market structure," Documents de Travail de l'OFCE 2013-17, Observatoire Francais des Conjonctures Economiques (OFCE).
    119. John F. Helliwell, 1992. "Trade and Technical Progress," NBER Working Papers 4226, National Bureau of Economic Research, Inc.
    120. Guido Cozzi, 2003. "Innovating on Innovations," Rivista di Politica Economica, SIPI Spa, vol. 93(2), pages 3-29, March-Apr.
    121. Deeken, Tim & Ott, Ingrid, 2014. "Integration as a spatial institution: Implications for agglomeration and growth," Working Paper Series in Economics 59, Karlsruhe Institute of Technology (KIT), Department of Economics and Management.
    122. Lei Ji, 2013. "Rethinking directed technical change with endogenous market structure," Documents de Travail de l'OFCE 2013-18, Observatoire Francais des Conjonctures Economiques (OFCE).
    123. Gopinath, Munisamy & Roe, Terry & Shane, Mathew, 1996. "Growth and Competitiveness of Food Processing: Linkages from Primary Agriculture," Staff Reports 278806, United States Department of Agriculture, Economic Research Service.
    124. Canning, David, 1996. "Specialization, scale economies and economic development," Economics Letters, Elsevier, vol. 52(1), pages 95-100, July.
    125. Lei JI, 2012. "Rethinking Directed Technical Change with Endogenous Market Structure," DEGIT Conference Papers c017_037, DEGIT, Dynamics, Economic Growth, and International Trade.
    126. Gil, Pedro Mazeda & Afonso, Oscar & Brito, Paulo, 2019. "Economic growth, the high-tech sector, and the high skilled: Theory and quantitative implications," Structural Change and Economic Dynamics, Elsevier, vol. 51(C), pages 89-105.
    127. Koch, Karl-Josef, 1995. "International capital movements and human capital growth," Discussion Papers, Series II 269, University of Konstanz, Collaborative Research Centre (SFB) 178 "Internationalization of the Economy".
    128. Gopinath, Munisamy & Pick, Daniel H. & Li, Yonghai, 2002. "Does Industrial Concentration Raise Productivity In Food Industries?," 2002 Annual Meeting, July 28-31, 2002, Long Beach, California 36634, Western Agricultural Economics Association.
    129. Torvik, Ragnar, 2002. "Natural resources, rent seeking and welfare," Journal of Development Economics, Elsevier, vol. 67(2), pages 455-470, April.
    130. Roberto ESPOSTI, 2008. "Why Should Regional Agricultural Productivity Growth Converge? Evidence from Italian Regions," Working Papers 319, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
    131. van Schaik, Anton B. T. M. & de Groot, Henri L. F., 2002. "Macroeconomic consequences of downsizing," Economic Modelling, Elsevier, vol. 19(3), pages 331-352, May.
    132. Jonathan Eaton & Samuel Kortum, 1996. "Measuring Technology Diffusion and the International Sources of Growth," Eastern Economic Journal, Eastern Economic Association, vol. 22(4), pages 401-410, Fall.
    133. Todo, Yasuyuki, 2003. "Empirically consistent scale effects: An endogenous growth model with technology transfer to developing countries," Journal of Macroeconomics, Elsevier, vol. 25(1), pages 25-46, March.

  55. Kehoe, T.J., 1992. "Assessing the Economic Impact of North American Free Trade," Papers 265, Minnesota - Center for Economic Research.

    Cited by:

    1. Ya Ping YIN & Kanakaratnam ARJUNA, 2010. "Reforming the Sri Lankan Employee Provident Fund - A "Historical" and "Counterfactual" Simulation Perspective," EcoMod2004 330600165, EcoMod.
    2. Paus, Eva, 1995. "Exports, economic growth and the consolidation of peace in El Salvador," World Development, Elsevier, vol. 23(12), pages 2173-2193, December.
    3. Kehoe, Timothy J., 2002. "An Evaluation of the Performance of Applied General Equilibrium Models of the Impact of NAFTA," Conference papers 331066, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    4. Müller, Marc, 2004. "Where Has All The Water Gone? Estimation of a Production Function for the Agricultural Sector in the Region Khorezm, Uzbekistan," Conference papers 331241, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    5. Dussel Peters, Enrique & Gallagher, Kevin P., 2013. "NAFTA's uninvited guest: China and the disintegration of North American trade," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), August.
    6. Plummer, Michael G., 2006. "Toward Win-Win Regionalism in Asia: Issues and Challenges in Forming Efficient Trade Agreements," Working Papers on Regional Economic Integration 5, Asian Development Bank.

  56. Timothy J. Kehoe & David K. Levine & Paul Romer, 1992. "On Characterizing Equilibria of Models with Externalities and Taxes as Solutions to Optimization Problems," Levine's Working Paper Archive 124, David K. Levine.

    Cited by:

    1. Manjira Datta & Leonard Mirman & Olivier Morand & Kevin Reffett, 2002. "Monotone Methods for Markovian Equilibrium in Dynamic Economies," Annals of Operations Research, Springer, vol. 114(1), pages 117-144, August.
    2. Ghiglino, Christian, 2002. "Introduction to a General Equilibrium Approach to Economic Growth," Journal of Economic Theory, Elsevier, vol. 105(1), pages 1-17, July.
    3. Konstantin Kucheryavyy & Gary Lyn & Andrés Rodríguez-Clare, 2023. "Grounded by Gravity: A Well-Behaved Trade Model with Industry-Level Economies of Scale," American Economic Journal: Macroeconomics, American Economic Association, vol. 15(2), pages 372-412, April.
    4. Glomm, Gerhard & Ravikumar, B., 1999. "Competitive equilibrium and public investment plans," Journal of Economic Dynamics and Control, Elsevier, vol. 23(8), pages 1207-1224, August.
    5. Ramanarayanan, Ananth, 2017. "Imported inputs, irreversibility, and international trade dynamics," Journal of International Economics, Elsevier, vol. 104(C), pages 1-18.
    6. Alexis Anagnostopoulos & Eva Carceles‐Poveda & Yair Tauman, 2021. "Value Preserving Welfare Weights For Social Optimization Problems," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 62(4), pages 1627-1653, November.
    7. Farmer, Roger & Lahiri, Amartya, 2002. "A Two-Country Model of Endogenous Growth," CEPR Discussion Papers 3245, C.E.P.R. Discussion Papers.
    8. Hori, Katsuhiko, 2007. "Indeterminacy in a monetary economy with heterogeneous agents," MPRA Paper 49316, University Library of Munich, Germany.
    9. Kai LESSMANN & Robert MARSCHINSKI & Ottmar EDENHOFER, 2008. "The Effects of Trade Sanctions in International Environmental Agreements," EcoMod2008 23800079, EcoMod.
    10. Giammarioli, Nicola, 2003. "Indeterminacy and search theory," Working Paper Series 271, European Central Bank.
    11. Venditti, A., 1996. "Indeterminancy and Endogenous Fluctuations in Two-Sector Growth Models with Externalities," G.R.E.Q.A.M. 96a04, Universite Aix-Marseille III.
    12. Norman, Thomas W.L., 2020. "Market selection with an endogenous state," Journal of Mathematical Economics, Elsevier, vol. 91(C), pages 51-59.
    13. Kehoe, Timothy J. & Levine, David K., 1990. "The economics of indeterminacy in overlapping generations models," Journal of Public Economics, Elsevier, vol. 42(2), pages 219-243, July.
    14. Christian Ghiglino & Marielle Olszak-Duquenne, 2005. "On The Impact Of Heterogeneity On Indeterminacy," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 46(1), pages 171-188, February.
    15. Shantayanan Devarajan & Danyang Xie & Heng-fu Zou, 1999. "Should Public Capital Be Subsidized or Provided?," CEMA Working Papers 75, China Economics and Management Academy, Central University of Finance and Economics.
    16. Mino, Kazuo, 2004. "Weitzman's rule with market distortions," Japan and the World Economy, Elsevier, vol. 16(3), pages 307-329, August.
    17. Coleman, Wilbur John, II, 1991. "Equilibrium in a Production Economy with an Income Tax," Econometrica, Econometric Society, vol. 59(4), pages 1091-1104, July.
    18. Jaime Alonso-Carrera & Maria Jesus Freire-Seren & Baltasar Manzano, 2008. "Macroeconomic Effects From The Regional Allocation Of Public Capital Formation," CAMA Working Papers 2008-09, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    19. Larry E. Jones & Rodolfo E. Manuelli & Ennio Stacchetti, 1999. "Technology (and Policy) Shocks in Models of Endogenous Growth," NBER Working Papers 7063, National Bureau of Economic Research, Inc.
    20. Coleman, Wilbur II, 2000. "Uniqueness of an Equilibrium in Infinite-Horizon Economies Subject to Taxes and Externalities," Journal of Economic Theory, Elsevier, vol. 95(1), pages 71-78, November.
    21. Guerrazzi, Marco, 2012. "The animal spirits hypothesis and the Benhabib–Farmer condition for indeterminacy," Economic Modelling, Elsevier, vol. 29(4), pages 1489-1497.
    22. Marco Rogna, 2020. "Microeconomic models of a production economy with environmental externalities," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 22(3), pages 2625-2650, March.
    23. Paolo Melindi-Ghidi & Thomas Seegmuller, 2019. "The love for children hypothesis and the multiplicity of fertility rates," Post-Print hal-02557472, HAL.
    24. Santos, Manuel S., 2002. "On Non-existence of Markov Equilibria in Competitive-Market Economies," Journal of Economic Theory, Elsevier, vol. 105(1), pages 73-98, July.
    25. Meng, Qinglai, 2006. "Impatience and equilibrium indeterminacy," Journal of Economic Dynamics and Control, Elsevier, vol. 30(12), pages 2671-2692, December.
    26. Julio J. Rotemberg & Michael Woodford, 1989. "Oligopolistic Pricing and the Effects of Aggregate Demand on Economic Activity," NBER Working Papers 3206, National Bureau of Economic Research, Inc.
    27. Rebelo, Sergio & Xie, Danyang, 1999. "On the optimality of interest rate smoothing," Journal of Monetary Economics, Elsevier, vol. 43(2), pages 263-282, April.
    28. Giancarlo Marini & Pietro Senesi, 2004. "Multiplicity of Dynamic Equilibria and Global Efficiency," CEIS Research Paper 57, Tor Vergata University, CEIS.
    29. Alonso-Carrera, Jaime & Freire-Serén, María Jesús & Manzano, Baltasar, 2009. "Macroeconomic effects of the regional allocation of public capital formation," Regional Science and Urban Economics, Elsevier, vol. 39(5), pages 563-574, September.
    30. Gaowang Wang & Heng-fu Zou, 2010. "Multiple Equilibria and Indeterminacy in an Optimal Growth Model with Endogenous Capital Depreciation," CEMA Working Papers 392, China Economics and Management Academy, Central University of Finance and Economics.
    31. Baruch Gliksberg, 2009. "Monetary policy and multiple equilibria with constrained investment and externalities," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 41(3), pages 443-463, December.
    32. Mino, Kazuo, 2004. "On the Generalized Weitzman's Rule," MPRA Paper 16996, University Library of Munich, Germany.
    33. Glomm, Gerhard & Ravikumar, B., 1997. "Productive government expenditures and long-run growth," Journal of Economic Dynamics and Control, Elsevier, vol. 21(1), pages 183-204, January.
    34. Sanou Issa, 2021. "Jealousy and Wealth Inequality: The Cases of Heterogeneous Preferences and Elastic Labor Supply," Working Papers hal-03408115, HAL.
    35. Manuel Santos, "undated". "On Non-Existence of Markov Equilibria in Competitive-Market Economies," Working Papers 2133305, Department of Economics, W. P. Carey School of Business, Arizona State University.
    36. Ghiglino, Christian, 2007. "Trade, redistribution and indeterminacy," Journal of Mathematical Economics, Elsevier, vol. 43(3-4), pages 365-389, April.
    37. Lessmann, Kai & Marschinski, Robert & Edenhofer, Ottmar, 2009. "The effects of tariffs on coalition formation in a dynamic global warming game," Economic Modelling, Elsevier, vol. 26(3), pages 641-649, May.
    38. Fabrizio Orrego, 2014. "Habit formation and indeterminacy in overlapping generations models," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 55(1), pages 225-241, January.
    39. Michael Woodford, 1990. "Equilibrium Models of Endogenous Fluctuations: an Introduction," NBER Working Papers 3360, National Bureau of Economic Research, Inc.

  57. Timothy J. Kehoe & David K. Levine & Michael Woodford, 1992. "The Optimum Quantity of Money Revisited," Levine's Working Paper Archive 2035, David K. Levine.

    Cited by:

    1. Lorenzo Carbonari & Fabrizio Mattesini & Robert J. Waldmann, 2022. "Inflation and Welfare in a Competitive Search Equilibrium with Asymmetric Information," Working Paper series 22-01, Rimini Centre for Economic Analysis.
    2. Yann Algan & Olivier Allais & Edouard Challe & Xavier Ragot, 2012. "Monetary Shocks Under Incomplete Markets," SciencePo Working papers Main hal-01169658, HAL.
    3. Aiyagari, S. Rao & McGrattan, Ellen R., 1998. "The optimum quantity of debt," Journal of Monetary Economics, Elsevier, vol. 42(3), pages 447-469, October.
    4. Xavier Ragot, 2005. "The real effect of inflation in liquidity constrained models," Working Papers halshs-00590556, HAL.
    5. Xavier Ragot, 2020. "The welfare cost of inflation risk under imperfect insurance," Post-Print hal-03100871, HAL.
    6. Rocheteau, Guillaume & Weill, Pierre-Olivier & Wong, Russell, 2018. "A tractable model of monetary exchange with ex-post heterogeneity," Theoretical Economics, Econometric Society, vol. 13(3), September.
    7. James B. Bullard & In-Koo Cho, 2003. "Escapist policy rules," Working Papers 2002-002, Federal Reserve Bank of St. Louis.
    8. Domeij, David & Ellingsen, Tore, 2015. "Rational Bubbles and Economic Crises: A Quantitative Analysis," SSE Working Paper Series in Economics 2015:1, Stockholm School of Economics.
    9. Bruckner, Matthias & Schabert, Andreas, 2006. "Can money matter for interest rate policy?," Journal of Economic Dynamics and Control, Elsevier, vol. 30(12), pages 2823-2857, December.
    10. Yann Algan & Edouard Challe & Xavier Ragot, 2008. "Incomplete Markets and the Output-inflation Tradeoff," Sciences Po publications 2006 - 45, Sciences Po.
    11. Charles T. Carlstrom & Timothy S. Fuerst, 1995. "Interest rate rules vs. money growth rules: a welfare comparison in a cash-in-advance economy," Working Papers (Old Series) 9504, Federal Reserve Bank of Cleveland.
    12. Lippi, Francesco & Trachter, Nicholas & Ragni, Stefania, 2014. "State dependent monetary policy," CEPR Discussion Papers 9795, C.E.P.R. Discussion Papers.
    13. Samuel Huber & Jaehong Kim, 2017. "An overlapping generations model for monetary policy analysis," ECON - Working Papers 272, Department of Economics - University of Zurich.
    14. Markus K. Brunnermeier & Yuliy Sannikov, 2016. "The I Theory of Money," NBER Working Papers 22533, National Bureau of Economic Research, Inc.
    15. Xavier Ragot, 2023. "Optimal Monetary Policy in a Liquidity Trap with Heterogeneous Agents," Annals of Economics and Statistics, GENES, issue 149, pages 97-124.
    16. Florin Bilbiie & Xavier Ragot, 2017. "Optimal Monetary Policy and Liquidity with Heterogeneous Households," Working Papers hal-03471839, HAL.
    17. Assenza, Tiziana & Agliari, Anna & Delli Gatti, Domenico & Santoro, Emiliano, 2009. "Borrowing constraints and complex dynamics in an OLG framework," Journal of Economic Behavior & Organization, Elsevier, vol. 72(2), pages 656-669, November.
    18. Yi Wen, 2014. "Money, liquidity and welfare," Working Papers 2014-3, Federal Reserve Bank of St. Louis.
    19. Yann Algan & Xavier Ragot, 2010. "Monetary Policy with Heterogeneous Agents and Borrowing Constraints," Sciences Po publications info:hdl:2441/3ao9avev669, Sciences Po.
    20. McCallum, Bennett T., 2001. "Indeterminacy, bubbles, and the fiscal theory of price level determination," Journal of Monetary Economics, Elsevier, vol. 47(1), pages 19-30, February.
    21. Akyol, Ahmet, 2004. "Optimal monetary policy in an economy with incomplete markets and idiosyncratic risk," Journal of Monetary Economics, Elsevier, vol. 51(6), pages 1245-1269, September.
    22. Wataru Nozawa & Hoonsik Yang, 2021. "Optimal intervention in a random‐matching model of money," Bulletin of Economic Research, Wiley Blackwell, vol. 73(4), pages 721-735, October.
    23. Boel, Paola, 2018. "The redistributive effects of inflation and the shape of money demand," Journal of Economic Dynamics and Control, Elsevier, vol. 90(C), pages 208-219.
    24. Burkhard Heer, 2000. "Welfare Costs of Inflation in a Dynamic Economy with Search Unemployment and Endogenous Growth," Econometric Society World Congress 2000 Contributed Papers 0478, Econometric Society.
    25. Michael Woodford, 1995. "Price Level Determinacy Without Control of a Monetary Aggregate," NBER Working Papers 5204, National Bureau of Economic Research, Inc.
    26. Xavier Ragot, 2018. "Limited Participation, Capital Accumulation and Optimal Monetary Policy," SciencePo Working papers hal-03444395, HAL.
    27. Xavier Ragot & Francois Le Grand & Edouard Challe, 2007. "Incomplete markets and the yield curve," 2007 Meeting Papers 715, Society for Economic Dynamics.
    28. Xavier Ragot, 2009. "The Case for a Financial Approach to Money Demand," 2009 Meeting Papers 474, Society for Economic Dynamics.
    29. Mehrling, Perry, 1995. "A note on the optimum quantity of money," Journal of Mathematical Economics, Elsevier, vol. 24(3), pages 249-258.
    30. Mukherji, Nivedita, 1996. "Inflation and welfare in a stochastic production economy," The Quarterly Review of Economics and Finance, Elsevier, vol. 36(1), pages 1-16.
    31. Edward J. Green & Ruilin Zhou, 2002. "Money as a mechanism in a Bewley economy," Working Paper Series WP-02-15, Federal Reserve Bank of Chicago.
    32. Miquel Faig, 2000. "Money With Idiosyncratic Uninsurable Returns To Capital," Working Papers faig-00-01, University of Toronto, Department of Economics.
    33. Benigno, Pierpaolo & Uhlig, Harald & Schilling, Linda, 2022. "Cryptocurrencies, Currency Competition, and The Impossible Trinity," CEPR Discussion Papers 13943, C.E.P.R. Discussion Papers.
    34. Chari, V. V. & Christiano, Lawrence J. & Kehoe, Patrick J., 1996. "Optimality of the Friedman rule in economies with distorting taxes," Journal of Monetary Economics, Elsevier, vol. 37(2-3), pages 203-223, April.
    35. R. Vijay Krishna & Oksana Leukhina, 2018. "On the Benefits of Currency Reform," Working Papers 2018-21, Federal Reserve Bank of St. Louis.
    36. Xavier Ragot & Florin O. Bilbiie, 2016. "Monetary Policy, Inflation, and Inequality: The Case for Helicopters," 2016 Meeting Papers 1663, Society for Economic Dynamics.
    37. David K. Levine, 1991. "Asset Trading Mechanisms and Expansionary Policy," Levine's Working Paper Archive 43, David K. Levine.
    38. Edouard Challe & Xavier Ragot, 2010. "Aggregate Consumption in Times of Crisis: The Role of Financial Frictions," PSE-Ecole d'économie de Paris (Postprint) halshs-00754434, HAL.
    39. Timothy J. Kehoe & David K. Levine, 2000. "Liquidity Constrained vs. Debt Constrained Markets," Levine's Working Paper Archive 14, David K. Levine.
    40. Pradeep Dubey & John Geanakoplos, 2003. "Monetary Equilibrium with Missing Markets," Cowles Foundation Discussion Papers 1389, Cowles Foundation for Research in Economics, Yale University.
    41. Duersch, Peter & Eife, Thomas A., 2019. "Price competition in an inflationary environment," Journal of Monetary Economics, Elsevier, vol. 104(C), pages 48-66.
    42. Miguel Molico & Yahong Zhang, 2006. "Monetary Policy and the Distribution of Money and Capital," Computing in Economics and Finance 2006 136, Society for Computational Economics.
    43. Ayse Imrohoroglu & Edward C. Prescott, 1991. "Evaluating the welfare effects of alternative monetary arrangements," Quarterly Review, Federal Reserve Bank of Minneapolis, vol. 15(Sum), pages 3-10.
    44. Wataru Nozawa & Hoonsik Yang, 2018. "Optimal Inflation in a Model of Inside Money: a Further Result," Annals of Economics and Finance, Society for AEF, vol. 19(1), pages 137-150, May.
    45. Bertolai, Jefferson Donizeti Pereira & Cavalcanti, Ricardo de Oliveira, 2013. "Opposite policy implications in the theory of money and banking," Revista Brasileira de Economia - RBE, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil), vol. 67(4), November.
    46. Nicola Amendola & Leo Ferraris & Fabrizio Mattesini, 2016. "Optimal Monetary Policy in a Pure Currency Economy with Heterogenous Agents," CEIS Research Paper 394, Tor Vergata University, CEIS, revised 02 Feb 2017.
    47. Charles Carlstrom & Timothy Fuerst, 2000. "Optimal Monetary Policy in a Small Open Economy: A General Equilibrium Analysis," Working Papers Central Bank of Chile 70, Central Bank of Chile.
    48. Alexei Deviatov & Neil Wallace, 2014. "Optimal inflation in a model of inside money," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 17(2), pages 287-293, April.
    49. Matteo Mogliani & Giovanni Urga & Carlos Winograd, 2009. "Monetary disorder and financial regimes - The demand for money in Argentina, 1900-2006," PSE Working Papers halshs-00575107, HAL.
    50. Lippi, Francesco & Trachter, Nicholas, 2012. "On the optimal supply of liquidity with borrowing constraints," CEPR Discussion Papers 8890, C.E.P.R. Discussion Papers.
    51. Claudio Mattalia, 2003. "Existence of solutions and asset pricing bubbles in general equilibrium models," ICER Working Papers - Applied Mathematics Series 02-2003, ICER - International Centre for Economic Research.
    52. Alexei Deviatov, 2004. "Money creation in a random matching model," Money Macro and Finance (MMF) Research Group Conference 2003 24, Money Macro and Finance Research Group.
    53. Feldkord, Eva-Ulrike, 2005. "On the Relevance of Monetary Aggregates in Monetary Policy Models," Discussion Paper Series 26343, Hamburg Institute of International Economics.
    54. Shi, Shouyong, 1999. "Money, capital, and redistributive effects of monetary policies," Journal of Economic Dynamics and Control, Elsevier, vol. 23(4), pages 565-590, February.
    55. Yi Wen, 2013. "Liquidity and Welfare," 2013 Meeting Papers 204, Society for Economic Dynamics.
    56. Stephen D. Williamson, 1994. "Sequential markets and the suboptimality of the Friedman rule," Proceedings, Federal Reserve Bank of Dallas, issue Apr.
    57. Phillip M Johnson, 2002. "Essays on Capital Markets: Frictions and Social Forces," Levine's Working Paper Archive 618897000000000052, David K. Levine.
    58. Canzoneri, Matthew & Cumby, Robert & Diba, Behzad, 2010. "The Interaction Between Monetary and Fiscal Policy," Handbook of Monetary Economics, in: Benjamin M. Friedman & Michael Woodford (ed.), Handbook of Monetary Economics, edition 1, volume 3, chapter 17, pages 935-999, Elsevier.
    59. Edouard Challe & Xavier Ragot, 2010. "Aggregate Consumption in Times of Crisis: The Role of Financial Frictions -super-1," CESifo Economic Studies, CESifo Group, vol. 56(4), pages 627-648, December.
    60. Nicolini, Juan Pablo, 1998. "Tax evasion and the optimal inflation tax," Journal of Development Economics, Elsevier, vol. 55(1), pages 215-232, February.
    61. Clark A. Burdick, 1997. "A transitional analysis of the welfare cost of inflation," FRB Atlanta Working Paper 97-15, Federal Reserve Bank of Atlanta.
    62. Chuang, Shi-Feng & Huo, Teh-Ming, 2003. "A note on the optimum quantity of money," Economics Letters, Elsevier, vol. 79(2), pages 269-276, May.
    63. Baltensperger, Ernst & Jordan, Thomas J., 1997. "Seigniorage, banking, and the optimal quantity of money," Journal of Banking & Finance, Elsevier, vol. 21(6), pages 781-796, June.
    64. Takushi Kurozumi, 2006. "Determinacy and Expectational Stability of Equilibrium in a Monetary Sticky-Price Model with Taylor Rule," Bank of Japan Working Paper Series 06-E-2, Bank of Japan.
    65. Aloisio Araujo & Juan Pablo Gamay & Rodrigo Novinskiz & Mario R. Pascoa, 2019. "Endogenous Discounting, Wariness, and Effcient Capital Taxation," School of Economics Discussion Papers 0619, School of Economics, University of Surrey.
    66. Lippi, Francesco & Ragni, Stefania & Trachter, Nicholas, 2015. "Optimal monetary policy with heterogeneous money holdings," Journal of Economic Theory, Elsevier, vol. 159(PA), pages 339-368.
    67. Sunel, Enes, 2010. "On inflation, wealth inequality and welfare in emerging economies," MPRA Paper 25943, University Library of Munich, Germany.
    68. Takeo Hori & Koichi Futagami, 2018. "Time-Inconsistent Discounting and the Friedman Rule: The Role of Non-Unitary Discounting," Discussion Papers in Economics and Business 18-04, Osaka University, Graduate School of Economics.
    69. Chang, Roberto, 1998. "Credible Monetary Policy in an Infinite Horizon Model: Recursive Approaches," Journal of Economic Theory, Elsevier, vol. 81(2), pages 431-461, August.
    70. Francesco Lippi & Nicholas Trachter, 2011. "The optimum Quantity of Money with Borrowing Constraints," EIEF Working Papers Series 1108, Einaudi Institute for Economics and Finance (EIEF), revised Apr 2011.
    71. Sunel, Enes, 2012. "Transitional Dynamics of Disinflation in a Small Open Economy with Heterogeneous Agents," MPRA Paper 39690, University Library of Munich, Germany.
    72. Manolova, Petia & Lai Tong, Charles & Deissenberg, Christophe, 2003. "Money and exchange in an economy with spatially differentiated agents," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 324(1), pages 445-453.
    73. S. Rao Aiyagari & Ellen R. McGrattan, 2003. "The Optimum Quantity of Debt: Technical Appendix," Annals of Economics and Finance, Society for AEF, vol. 4(1), pages 193-217, May.
    74. Herrenbrueck, Lucas, 2019. "Frictional asset markets and the liquidity channel of monetary policy," Journal of Economic Theory, Elsevier, vol. 181(C), pages 82-120.
    75. Feldkord, Eva-Ulrike, 2005. "On the relevance of monetary aggregates in monetary policy models," HWWA Discussion Papers 317, Hamburg Institute of International Economics (HWWA).
    76. Lizarazo, Sandra & Da-Rocha, Jose-Maria, 2011. "Optimal monetary policy and default," MPRA Paper 31931, University Library of Munich, Germany.

  58. Timothy J. Kehoe & Nobuhiro Kiyotaki & Randall Wright, 1991. "More on money as a medium of exchange," Staff Report 140, Federal Reserve Bank of Minneapolis.

    Cited by:

    1. Douglas Davis & Bruno Sultanum & Oleg Korenok & Peter Norman & Randall Wright, 2019. "Playing with Money," 2019 Meeting Papers 536, Society for Economic Dynamics.
    2. Sethi, Rajiv, 1999. "Evolutionary stability and media of exchange," Journal of Economic Behavior & Organization, Elsevier, vol. 40(3), pages 233-254, November.
    3. Duffie, Darrell & Qiao, Lei & Sun, Yeneng, 2018. "Dynamic directed random matching," Journal of Economic Theory, Elsevier, vol. 174(C), pages 124-183.
    4. Willem H. Buiter, 2003. "James Tobin: An Appreciation of his Contribution to Economics," NBER Working Papers 9753, National Bureau of Economic Research, Inc.
    5. Federico Bonetto & Maurizio Iacopetta, 2018. "A Dynamic Analysis of Nash Equilibria in Search Models with Fiat Money," Papers 1805.04733, arXiv.org.
    6. Gabriele Camera, 2001. "Search, Dealers, and the Terms of Trade," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 4(3), pages 680-694, July.
    7. Oberfield, Ezra & Trachter, Nicholas, 2012. "Commodity money with frequent search," Journal of Economic Theory, Elsevier, vol. 147(6), pages 2332-2356.
    8. de O. Cavalcanti, Ricardo & Puzzello, Daniela, 2009. "Stationarity without Degeneracy in a Model of Commodity Money," MPRA Paper 17125, University Library of Munich, Germany.
    9. Williamson, Stephen D. & Wright, Randall, 2010. "New Monetarist Economics: Models," MPRA Paper 21030, University Library of Munich, Germany.
    10. Goodhart, Charles & Masciandaro, Donato & Ugolini, Stefano, 2021. "Pandemic Recession, Helicopter Money and Central Banking: Venice, 1630," CEPR Discussion Papers 15715, C.E.P.R. Discussion Papers.
    11. Maurizio Iacopetta, 2019. "The emergence of money: a dynamic analysis," SciencePo Working papers Main hal-03403573, HAL.
    12. Zakaria Babutsidze & Maurizio Iacopetta, 2021. "The Emergence of Money: Computational Approaches with Fully and Boundedly Rational Agents," Post-Print halshs-03896290, HAL.
    13. Kiyotaki, Nobuhiro & Lagos, Ricardo & Wright, Randall, 2016. "Introduction to the symposium issue on money and liquidity," Journal of Economic Theory, Elsevier, vol. 164(C), pages 1-9.
    14. Federico Bonetto & Maurizio Iacopetta, 2019. "A dynamic analysis of nash equilibria in search models with fiat money," SciencePo Working papers Main hal-03403584, HAL.
    15. William Luther, 2014. "Evenly rotating economy: A new modeling technique for an old equilibrium construct," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 27(4), pages 403-417, December.
    16. Peter Rupert & Martin Schindler & Andrei Shevchenko & Randall Wright, 2000. "The search-theoretic approach to monetary economics: a primer," Economic Review, Federal Reserve Bank of Cleveland, issue Q IV, pages 10-28.
    17. Maurizio Iacopetta, 2014. "Dynamics of assets liquidity and inequality in economies with decentralized markets," Documents de Travail de l'OFCE 2014-21, Observatoire Francais des Conjonctures Economiques (OFCE).
    18. Charles Goodhart & Donato Masciandaro & Stefano Ugolini, 2022. "Pandemic Recession and Helicopter Money: Venice, 1629--1631," Papers 2201.07181, arXiv.org.
    19. Juan-Manuel Renero, 2000. "May the Worst Commodity Standard be the Best? A Re-enactment of "The Crimes of 1873"," Econometric Society World Congress 2000 Contributed Papers 1522, Econometric Society.
    20. Aurélien Nioche & Basile Garcia & Germain Lefebvre & Thomas Boraud & Nicolas P. Rougier & Sacha Bourgeois-Gironde, 2019. "Coordination over a unique medium of exchange under information scarcity," Post-Print hal-02356248, HAL.
    21. Nobuhiro Kiyotaki & Randall Wright, 1990. "Search for a Theory of Money," NBER Working Papers 3482, National Bureau of Economic Research, Inc.
    22. Jack Ochs & John Duffy, 1999. "Emergence of Money as a Medium of Exchange: An Experimental Study," American Economic Review, American Economic Association, vol. 89(4), pages 847-877, September.
    23. Ellingsen, Tore, 1998. "Payments in Kind," SSE/EFI Working Paper Series in Economics and Finance 244, Stockholm School of Economics, revised 10 Feb 2000.
    24. Phillip M Johnson, 2002. "Essays on Capital Markets: Frictions and Social Forces," Levine's Working Paper Archive 618897000000000052, David K. Levine.
    25. Iacopetta, Maurizio, 2019. "The Emergence Of Money: A Dynamic Analysis," Macroeconomic Dynamics, Cambridge University Press, vol. 23(7), pages 2573-2596, October.
    26. Maurizio Iacopetta, 2014. "dynamics of assets liquidity and inequality in economies with decentralized markets," SciencePo Working papers Main hal-01099374, HAL.
    27. Wright, Randall, 1995. "Search, evolution, and money," Journal of Economic Dynamics and Control, Elsevier, vol. 19(1-2), pages 181-206.
    28. Maurizio Iacopetta, 2019. "The emergence of money: a dynamic analysis," Post-Print hal-03403573, HAL.
    29. Coles, Melvyn G. & Wright, Randall, 1998. "A Dynamic Equilibrium Model of Search, Bargaining, and Money," Journal of Economic Theory, Elsevier, vol. 78(1), pages 32-54, January.
    30. Brown, Paul M., 1996. "Experimental evidence on money as a medium of exchange," Journal of Economic Dynamics and Control, Elsevier, vol. 20(4), pages 583-600, April.
    31. S. Rao Aiyagari & Neil Wallace, 1991. "Existence of steady states with positive consumption in the Kiyotaki-Wright model," Working Papers 428, Federal Reserve Bank of Minneapolis.
    32. Federico Bonetto & Maurizio Iacopetta, 2019. "A dynamic analysis of nash equilibria in search models with fiat money," Post-Print hal-03403584, HAL.
    33. Garrison Hongyu Song, 2023. "Valuation of Cryptocurrency Without Intrinsic Value: A Promise of Future Payment System and Implications to De-dollarization," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 49(2), pages 221-248, April.
    34. Luo, Guo Ying, 1998. "The evolution of money as a medium of exchange," Journal of Economic Dynamics and Control, Elsevier, vol. 23(3), pages 415-458, November.
    35. Bilge Ozturk, 2003. "An evolutionary model of the emergence of the media of exchange," Working Papers hal-00242982, HAL.

  59. Timothy J. Kehoe, 1991. "Computation and multiplicity of equilibria," Working Papers 460, Federal Reserve Bank of Minneapolis.

    Cited by:

    1. Dalton, Michael & O'Neill, Brian & Prskawetz, Alexia & Jiang, Leiwen & Pitkin, John, 2008. "Population aging and future carbon emissions in the United States," Energy Economics, Elsevier, vol. 30(2), pages 642-675, March.
    2. Thorsten Hens & Beate Pilgrim, "undated". "Subsidizing Charitable Giving in a Field Experiment," IEW - Working Papers 070, Institute for Empirical Research in Economics - University of Zurich.
    3. Frans Bal & Peter Nijkamp, 1998. "Winners and Losers in Spatial Duopoly Markets; the Relevance of a Value Transfer Approach," Tinbergen Institute Discussion Papers 98-004/3, Tinbergen Institute.
    4. Riezman, Raymond & Whalley, John & Zhang, Shunming, 2011. "Distance measures between free trade and autarky for the world economy," Economic Modelling, Elsevier, vol. 28(4), pages 2000-2012, July.
    5. Pascal Gauthier & Timothy J. Kehoe & Erwan Quintin, 2021. "Constructing Pure-Exchange Economies with Many Equilibria," Staff Report 631, Federal Reserve Bank of Minneapolis.
    6. Melnikov, N.B. & O'Neill, B.C. & Dalton, M.G., 2012. "Accounting for household heterogeneity in general equilibrium economic growth models," Energy Economics, Elsevier, vol. 34(5), pages 1475-1483.
    7. Kamihigashi, Takashi, 2002. "Externalities and nonlinear discounting: Indeterminacy," Journal of Economic Dynamics and Control, Elsevier, vol. 26(1), pages 141-169, January.
    8. Dakhlia, Sami, 1999. "Testing for a unique equilibrium in applied general equilibrium models," Journal of Economic Dynamics and Control, Elsevier, vol. 23(9-10), pages 1281-1297, September.
    9. Datta, Manjira & Mirman, Leonard J. & Morand, Olivier F. & Reffett, Kevin L., 2005. "Markovian equilibrium in infinite horizon economies with incomplete markets and public policy," Journal of Mathematical Economics, Elsevier, vol. 41(4-5), pages 505-544, August.
    10. Venditti, A., 1996. "Indeterminancy and Endogenous Fluctuations in Two-Sector Growth Models with Externalities," G.R.E.Q.A.M. 96a04, Universite Aix-Marseille III.
    11. Giménez, Eduardo L., 2022. "Offer curves and uniqueness of competitive equilibrium," Journal of Mathematical Economics, Elsevier, vol. 98(C).
    12. Russell, Thomas & Zecevic, Aleksandar, 2000. "Indeterminate growth paths and stability," Journal of Economic Dynamics and Control, Elsevier, vol. 24(1), pages 39-62, January.
    13. Whalley, John & Zhang, Shunming, 2014. "Parametric persistence of multiple equilibria in an economy directly calibrated to 5 equilibria," Economic Modelling, Elsevier, vol. 41(C), pages 356-364.
    14. Simonovits, András, 1995. "Az együtt élő korosztályok modellcsaládja [The family of overlapping cohorts models]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(4), pages 358-386.
    15. Elvio Accinelli, 1996. "Some remarks about uniquenes of equilibrium for infinite dimensional economies," Estudios Económicos, El Colegio de México, Centro de Estudios Económicos, vol. 11(1), pages 3-32.
    16. Jaimovich, Nir, 2008. "Income effects and indeterminacy in a calibrated one-sector growth model," Journal of Economic Theory, Elsevier, vol. 143(1), pages 610-623, November.
    17. Elvio Accinelli, 1994. "Existence and uniqueness of the competitive equilibrium for infinite dimensional economies," Estudios de Economia, University of Chile, Department of Economics, vol. 21(2 Year 19), pages 313-326, December.
    18. Wong, Tsz-Nga & Yip, Chong K., 2010. "Indeterminacy and the elasticity of substitution in one-sector models," Journal of Economic Dynamics and Control, Elsevier, vol. 34(4), pages 623-635, April.
    19. Robert Becker, 2011. "Optimal Growth with Heterogeneous Agents and the Twisted Turnpike: An Example," CAEPR Working Papers 2011-008, Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington.
    20. Hens, Thorsten & Pilgrim, Beate, 2004. "Sunspot Equilibria and the Transfer Paradox," Discussion Papers 2004/14, Norwegian School of Economics, Department of Business and Management Science.
    21. Çağatay, Selim & Taşdoğan, Celal & Özeş, Reyhan, 2017. "Analysing the impact of targeted bio-ethanol blending ratio in Turkey," Bio-based and Applied Economics Journal, Italian Association of Agricultural and Applied Economics (AIEAA), vol. 6(2), September.
    22. Chen, Been-Lon & Lee, Shun-Fa, 2007. "Congestible public goods and local indeterminacy: A two-sector endogenous growth model," Journal of Economic Dynamics and Control, Elsevier, vol. 31(7), pages 2486-2518, July.
    23. Gerlagh, Reyer & Keyzer, Michiel A., 2001. "Sustainability and the intergenerational distribution of natural resource entitlements," Journal of Public Economics, Elsevier, vol. 79(2), pages 315-341, February.
    24. Elvio Accinelli, 1998. "On Uniqueness of Equilibrium for Complete Markets with Infinitely Many Goods and in Finance Models," Documentos de Trabajo (working papers) 0398, Department of Economics - dECON.
    25. Pilgrim, Beate, 2002. "Non-equivalence of uniqueness of equilibria in complete and in incomplete market models," Research in Economics, Elsevier, vol. 56(2), pages 143-156, June.
    26. McGough, Bruce & Meng, Qinglai & Xue, Jianpo, 2013. "Expectational stability of sunspot equilibria in non-convex economies," Journal of Economic Dynamics and Control, Elsevier, vol. 37(6), pages 1126-1141.
    27. Toda, Alexis Akira, 2017. "Huggett economies with multiple stationary equilibria," Journal of Economic Dynamics and Control, Elsevier, vol. 84(C), pages 77-90.
    28. Thorsten Hens & Beate Pilgrim, 2004. "Sunspot equilibria and the transfer paradox," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 24(3), pages 583-602, October.
    29. Meng, Qinglai, 2006. "Impatience and equilibrium indeterminacy," Journal of Economic Dynamics and Control, Elsevier, vol. 30(12), pages 2671-2692, December.
    30. Bodenstein, Martin, 2010. "Trade elasticity of substitution and equilibrium dynamics," Journal of Economic Theory, Elsevier, vol. 145(3), pages 1033-1059, May.
    31. Marcus Berliant & Sami Dakhlia, 1997. "Sensitivity Analysis for Applied General Equilibrium Models in the Presence of Multiple Equilibria," GE, Growth, Math methods 9709003, University Library of Munich, Germany.
    32. Lutz Arnold, 2013. "Existence of equilibrium in the Helpman–Krugman model of international trade with imperfect competition," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 52(1), pages 237-270, January.
    33. Klepper, Gernot & Lorz, Jens Oliver & Stähler, Frank & Thiele, Rainer & Wiebelt, Manfred, 1993. "Empirische allgemeine Gleichgewichts-Modelle: Struktur und Anwendungsmöglichkeiten," Kiel Working Papers 595, Kiel Institute for the World Economy (IfW Kiel).
    34. Gerlagh, Reyer & van der Zwaan, B. C. C., 2001. "The effects of ageing and an environmental trust fund in an overlapping generations model on carbon emission reductions," Ecological Economics, Elsevier, vol. 36(2), pages 311-326, February.
    35. W D A Bryant, 2009. "General Equilibrium:Theory and Evidence," World Scientific Books, World Scientific Publishing Co. Pte. Ltd., number 6875.
    36. van den Elzen, Antoon, 1997. "An adjustment process for the standard Arrow-Debreu model with production," Journal of Mathematical Economics, Elsevier, vol. 27(3), pages 315-324, April.
    37. Thorsten Hens & Beate Pilgrim & Janos Mayer, "undated". "Existence of Sunspot Equilibria and Uniqueness of Spot Market Equilibria: The Case of Intrinsically Complete Markets," IEW - Working Papers 188, Institute for Empirical Research in Economics - University of Zurich.
    38. Hens, Thorsten & Mayer, Janós & Pilgrim, Beate, 2004. "Existence of Sunspot Equilibria and Uniqueness of Spot Market Equilibria: The Case of Intrinsically Complete Markets," Discussion Papers 2004/15, Norwegian School of Economics, Department of Business and Management Science.
    39. Yang Zhan & Chuangyin Dang, 2018. "A smooth path-following algorithm for market equilibrium under a class of piecewise-smooth concave utilities," Computational Optimization and Applications, Springer, vol. 71(2), pages 381-402, November.
    40. Pazdera, Jaroslav & Schumacher, Johannes M. & Werker, Bas J.M., 2017. "The composite iteration algorithm for finding efficient and financially fair risk-sharing rules," Journal of Mathematical Economics, Elsevier, vol. 72(C), pages 122-133.
    41. Yves Balasko & Octavio Tourinho, 2014. "Factor proportionality in multiple households closed CGE models: theory and illustrations," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 2(2), pages 119-136, October.
    42. Bodenstein, Martin, 2011. "Closing large open economy models," Journal of International Economics, Elsevier, vol. 84(2), pages 160-177, July.
    43. Bona, Jerry L. & Santos, Manuel S., 1997. "On the Role of Computation in Economic Theory," Journal of Economic Theory, Elsevier, vol. 72(2), pages 241-281, February.
    44. Eveson, Simon P. & Thijssen, Jacco J.J., 2016. "Pareto optimality and existence of quasi-equilibrium in exchange economies with an indefinite future," Journal of Mathematical Economics, Elsevier, vol. 67(C), pages 138-152.
    45. Zoltan Pap, 2011. "Computing Economic Equilibria by a Homotopy Method," Papers 1110.5144, arXiv.org.
    46. Paul Oslington, 2012. "General Equilibrium: Theory and Evidence," The Economic Record, The Economic Society of Australia, vol. 88(282), pages 446-448, September.
    47. Meng, Qinglai & Yip, Chong Kee, 2008. "On indeterminacy in one-sector models of the business cycle with factor-generated externalities," Journal of Macroeconomics, Elsevier, vol. 30(1), pages 97-110, March.
    48. Caroline Saunders & Selim Cagatay, 2003. "Commercial release of first‐generation genetically modified food products in New Zealand: using a partial equilibrium trade model to assess the impact on producer returns in New Zealand," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 47(2), pages 233-259, June.
    49. Been‐Lon Chen & Shun‐Fa Lee, 2009. "Two‐Sector Growth Models with Productive Public Goods: Equilibrium (In)determinacy," Southern Economic Journal, John Wiley & Sons, vol. 75(3), pages 639-662, January.

  60. Timothy J. Kehoe & David K. Levine & Andreu Mas-Colell & Michael Woodford, 1991. "Gross Substitutes in Large Square Economics," Levine's Working Paper Archive 2057, David K. Levine.

    Cited by:

    1. Lakshmi K. Raut, 1996. "Two-sided altruism, Lindahl Equilibrium, and Pareto Optimality in Overlapping Generations Models," GE, Growth, Math methods 9604001, University Library of Munich, Germany.
    2. Bloise, Gaetano & Citanna, Alessandro, 2015. "Uniqueness of competitive equilibrium with solvency constraints under gross-substitution," Journal of Mathematical Economics, Elsevier, vol. 61(C), pages 287-295.
    3. Magill, Michael & Quinzii, Martine, 2015. "Prices and investment with collateral and default," Journal of Economic Dynamics and Control, Elsevier, vol. 51(C), pages 111-132.

  61. Timothy J. Kehoe & David K. Levine, 1990. "Indeterminacy in Applied Intertemporal General Equilibrium Models," Levine's Working Paper Archive 2042, David K. Levine.

    Cited by:

    1. Chalk, Nigel A., 2000. "The sustainability of bond-financed deficits: An overlapping generations approach," Journal of Monetary Economics, Elsevier, vol. 45(2), pages 293-328, April.
    2. Klepper, Gernot & Lorz, Jens Oliver & Stähler, Frank & Thiele, Rainer & Wiebelt, Manfred, 1993. "Empirische allgemeine Gleichgewichts-Modelle: Struktur und Anwendungsmöglichkeiten," Kiel Working Papers 595, Kiel Institute for the World Economy (IfW Kiel).
    3. Fehr, Hans & Wiegard, Wolfgang, 1996. "Numerische Gleichgewichtsmodelle: Grundstruktur, Anwendungen und Erkenntnisgehalt," Tübinger Diskussionsbeiträge 75, University of Tübingen, School of Business and Economics.

  62. Timothy J. Kehoe & David K. Levine & Paul M. Romer, 1990. "On characterizing equilibria of economies with externalities and taxes as solutions to optimization problems," Working Papers 436, Federal Reserve Bank of Minneapolis.

    Cited by:

    1. Manjira Datta & Leonard Mirman & Olivier Morand & Kevin Reffett, 2002. "Monotone Methods for Markovian Equilibrium in Dynamic Economies," Annals of Operations Research, Springer, vol. 114(1), pages 117-144, August.
    2. Ghiglino, Christian, 2002. "Introduction to a General Equilibrium Approach to Economic Growth," Journal of Economic Theory, Elsevier, vol. 105(1), pages 1-17, July.
    3. Konstantin Kucheryavyy & Gary Lyn & Andrés Rodríguez-Clare, 2023. "Grounded by Gravity: A Well-Behaved Trade Model with Industry-Level Economies of Scale," American Economic Journal: Macroeconomics, American Economic Association, vol. 15(2), pages 372-412, April.
    4. Glomm, Gerhard & Ravikumar, B., 1999. "Competitive equilibrium and public investment plans," Journal of Economic Dynamics and Control, Elsevier, vol. 23(8), pages 1207-1224, August.
    5. Ramanarayanan, Ananth, 2017. "Imported inputs, irreversibility, and international trade dynamics," Journal of International Economics, Elsevier, vol. 104(C), pages 1-18.
    6. Alexis Anagnostopoulos & Eva Carceles‐Poveda & Yair Tauman, 2021. "Value Preserving Welfare Weights For Social Optimization Problems," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 62(4), pages 1627-1653, November.
    7. Farmer, Roger & Lahiri, Amartya, 2002. "A Two-Country Model of Endogenous Growth," CEPR Discussion Papers 3245, C.E.P.R. Discussion Papers.
    8. Hori, Katsuhiko, 2007. "Indeterminacy in a monetary economy with heterogeneous agents," MPRA Paper 49316, University Library of Munich, Germany.
    9. Kai LESSMANN & Robert MARSCHINSKI & Ottmar EDENHOFER, 2008. "The Effects of Trade Sanctions in International Environmental Agreements," EcoMod2008 23800079, EcoMod.
    10. Enrico MARCHETTI & Francesco BUSATO & Bruno CHIARINI & Enrico MARCHETTI, 2010. "Indeterminacy, Underground Activities and Tax Evasion," EcoMod2010 259600112, EcoMod.
    11. Venditti, A., 1996. "Indeterminancy and Endogenous Fluctuations in Two-Sector Growth Models with Externalities," G.R.E.Q.A.M. 96a04, Universite Aix-Marseille III.
    12. Norman, Thomas W.L., 2020. "Market selection with an endogenous state," Journal of Mathematical Economics, Elsevier, vol. 91(C), pages 51-59.
    13. Michele Boldrin & Aldo Rustichini, 1991. "Indeterminacy of Equilibrium in Dynamic Models with Externalities," Discussion Papers 955R, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    14. Russell, Thomas & Zecevic, Aleksandar, 2000. "Indeterminate growth paths and stability," Journal of Economic Dynamics and Control, Elsevier, vol. 24(1), pages 39-62, January.
    15. Christian Ghiglino & Marielle Olszak-Duquenne, 2005. "On The Impact Of Heterogeneity On Indeterminacy," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 46(1), pages 171-188, February.
    16. Felix Kubler & Johannes Brumm, 2013. "Applying Negishi's method to stochastic models with overlapping generations," 2013 Meeting Papers 1352, Society for Economic Dynamics.
    17. Shantayanan Devarajan & Danyang Xie & Heng-fu Zou, 1999. "Should Public Capital Be Subsidized or Provided?," CEMA Working Papers 75, China Economics and Management Academy, Central University of Finance and Economics.
    18. Jaimovich, Nir, 2008. "Income effects and indeterminacy in a calibrated one-sector growth model," Journal of Economic Theory, Elsevier, vol. 143(1), pages 610-623, November.
    19. Mino, Kazuo, 2004. "Weitzman's rule with market distortions," Japan and the World Economy, Elsevier, vol. 16(3), pages 307-329, August.
    20. Coleman, Wilbur John, II, 1991. "Equilibrium in a Production Economy with an Income Tax," Econometrica, Econometric Society, vol. 59(4), pages 1091-1104, July.
    21. Jaime Alonso-Carrera & Maria Jesus Freire-Seren & Baltasar Manzano, 2008. "Macroeconomic Effects From The Regional Allocation Of Public Capital Formation," CAMA Working Papers 2008-09, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    22. Larry E. Jones & Rodolfo E. Manuelli & Ennio Stacchetti, 1999. "Technology (and Policy) Shocks in Models of Endogenous Growth," NBER Working Papers 7063, National Bureau of Economic Research, Inc.
    23. Guerrazzi, Marco, 2012. "The animal spirits hypothesis and the Benhabib–Farmer condition for indeterminacy," Economic Modelling, Elsevier, vol. 29(4), pages 1489-1497.
    24. Marco Rogna, 2020. "Microeconomic models of a production economy with environmental externalities," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 22(3), pages 2625-2650, March.
    25. Paolo Melindi-Ghidi & Thomas Seegmuller, 2019. "The love for children hypothesis and the multiplicity of fertility rates," Post-Print hal-02557472, HAL.
    26. Santos, Manuel S., 2002. "On Non-existence of Markov Equilibria in Competitive-Market Economies," Journal of Economic Theory, Elsevier, vol. 105(1), pages 73-98, July.
    27. Meng, Qinglai, 2006. "Impatience and equilibrium indeterminacy," Journal of Economic Dynamics and Control, Elsevier, vol. 30(12), pages 2671-2692, December.
    28. Julio J. Rotemberg & Michael Woodford, 1989. "Oligopolistic Pricing and the Effects of Aggregate Demand on Economic Activity," NBER Working Papers 3206, National Bureau of Economic Research, Inc.
    29. Rebelo, Sergio & Xie, Danyang, 1999. "On the optimality of interest rate smoothing," Journal of Monetary Economics, Elsevier, vol. 43(2), pages 263-282, April.
    30. Giancarlo Marini & Pietro Senesi, 2004. "Multiplicity of Dynamic Equilibria and Global Efficiency," CEIS Research Paper 57, Tor Vergata University, CEIS.
    31. Alonso-Carrera, Jaime & Freire-Serén, María Jesús & Manzano, Baltasar, 2009. "Macroeconomic effects of the regional allocation of public capital formation," Regional Science and Urban Economics, Elsevier, vol. 39(5), pages 563-574, September.
    32. M Guerrazzi, 2008. "A Dynamic Efficiency-Wage Model with Continuous Effort and Externalities," Economic Issues Journal Articles, Economic Issues, vol. 13(2), pages 37-58, September.
    33. Baruch Gliksberg, 2009. "Monetary policy and multiple equilibria with constrained investment and externalities," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 41(3), pages 443-463, December.
    34. Alemdar, Nedim M. & Sirakaya, Sibel & Husseinov, Farhad, 2006. "Optimal time aggregation of infinite horizon control problems," Journal of Economic Dynamics and Control, Elsevier, vol. 30(4), pages 569-593, April.
    35. Mino, Kazuo, 2004. "On the Generalized Weitzman's Rule," MPRA Paper 16996, University Library of Munich, Germany.
    36. Glomm, Gerhard & Ravikumar, B., 1997. "Productive government expenditures and long-run growth," Journal of Economic Dynamics and Control, Elsevier, vol. 21(1), pages 183-204, January.
    37. Sanou Issa, 2021. "Jealousy and Wealth Inequality: The Cases of Heterogeneous Preferences and Elastic Labor Supply," Working Papers hal-03408115, HAL.
    38. Manuel Santos, "undated". "On Non-Existence of Markov Equilibria in Competitive-Market Economies," Working Papers 2133305, Department of Economics, W. P. Carey School of Business, Arizona State University.
    39. Ghiglino, Christian, 2007. "Trade, redistribution and indeterminacy," Journal of Mathematical Economics, Elsevier, vol. 43(3-4), pages 365-389, April.
    40. Ghiglino, Christian & Sorger, Gerhard, 2002. "Poverty Traps, Indeterminacy, and the Wealth Distribution," Journal of Economic Theory, Elsevier, vol. 105(1), pages 120-139, July.
    41. Lessmann, Kai & Marschinski, Robert & Edenhofer, Ottmar, 2009. "The effects of tariffs on coalition formation in a dynamic global warming game," Economic Modelling, Elsevier, vol. 26(3), pages 641-649, May.
    42. Fabrizio Orrego, 2014. "Habit formation and indeterminacy in overlapping generations models," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 55(1), pages 225-241, January.
    43. Michael Woodford, 1990. "Equilibrium Models of Endogenous Fluctuations: an Introduction," NBER Working Papers 3360, National Bureau of Economic Research, Inc.

  63. Timothy J. Kehoe & David K. Levine, 1990. "The Economics of Indeterminacy in Overlapping Generations Models," Levine's Working Paper Archive 2193, David K. Levine.

    Cited by:

    1. Fabrizio Orrego & Stephen Spear, "undated". "Sequential incompleteness and dynamic suboptimality in stochastic OLG economies with production," GSIA Working Papers 2012-E38, Carnegie Mellon University, Tepper School of Business.
    2. Zhigang Feng & Matthew Hoelle, 2017. "Indeterminacy in stochastic overlapping generations models: real effects in the long run," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 63(2), pages 559-585, February.
    3. Henriksen, Espen & Spear, Stephen, 2012. "Endogenous market incompleteness without market frictions: Dynamic suboptimality of competitive equilibrium in multiperiod overlapping generations economies," Journal of Economic Theory, Elsevier, vol. 147(2), pages 426-449.
    4. Timothy J. Kehoe & David K. Levine & Paul Romer, 1990. "Determinacy of Equilibrium in Dynamic Models with Finitely Many Consumers," Levine's Working Paper Archive 165, David K. Levine.
    5. d'Albis, Hippolyte & Augeraud-Véron, Emmanuelle & Hupkes, Herman Jan, 2014. "Local Determinacy of Prices in an Overlapping Generations Model with Continuous Trading," MPRA Paper 59126, University Library of Munich, Germany.
    6. Naoki Yoshihara & Se Ho Kwak, 2019. "Sraffian Indeterminacy in General Equilibrium Revisited," UMASS Amherst Economics Working Papers 2019-04, University of Massachusetts Amherst, Department of Economics.
    7. Fisher, Eric ON., 1997. "A Note on the Core of a Monetary Economy," Journal of Economic Theory, Elsevier, vol. 74(2), pages 425-434, June.
    8. Orrego, Fabrizio, 2011. "Sequential incompleteness and dynamic suboptimality in stochastic OLG economies with production," Working Papers 2011-014, Banco Central de Reserva del Perú.
    9. Fershtman, Chaim & Murphy, Kevin M & Weiss, Yoram, 1996. "Social Status, Education, and Growth," Journal of Political Economy, University of Chicago Press, vol. 104(1), pages 108-132, February.
    10. Simonovits, András & Molnár, György, 1996. "Várakozások, stabilitás és működőképesség az együttélő korosztályok egy realista modelljében [Expectations, stability and capability to operate in a realistic model of coexisting cohorts]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(10), pages 863-890.
    11. Georges, Christophre, 1995. "Adjustment costs and indeterminacy in perfect foresight models," Journal of Economic Dynamics and Control, Elsevier, vol. 19(1-2), pages 39-50.
    12. Felix Kubler & Karl Schmedders, 2010. "Tackling Multiplicity of Equilibria with Gröbner Bases," Operations Research, INFORMS, vol. 58(4-part-2), pages 1037-1050, August.
    13. Orrego, Fabrizio, 2011. "Habit formation and sunspots in overlapping generations models," Working Papers 2011-013, Banco Central de Reserva del Perú.
    14. Timothy J. Kehoe & David K. Levine & Andreu Mas-Colell & Michael Woodford, 1991. "Gross Substitutes in Large Square Economics," Levine's Working Paper Archive 2057, David K. Levine.
    15. Yoshihara, Naoki & Kwak, Se Ho, 2022. "Sraffian indeterminacy of steady-state equilibria in the Walrasian general equilibrium framework," Discussion Paper Series 734, Institute of Economic Research, Hitotsubashi University.
    16. Eungsik Kim & Stephen E. Spear, 2021. "Determinate perfect foresight forecasting in overlapping generations models," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 71(2), pages 505-531, March.
    17. James B. Bullard & John Duffy, 1993. "Learning in a large square economy," Working Papers 1994-013, Federal Reserve Bank of St. Louis.
    18. Luciano Fanti & Luca Gori, 2012. "Public Expenditure on Health and Private Old-Age Insurance in an OLG Growth Model with Endogenous Fertility: Chaotic Dynamics Under Perfect Foresight," Computational Economics, Springer;Society for Computational Economics, vol. 40(4), pages 333-353, December.
    19. Bröcker, Johannes & Korzhenevych, Artem, 2011. "Forward looking dynamics in spatial CGE modelling," Kiel Working Papers 1731, Kiel Institute for the World Economy (IfW Kiel).
    20. Hippolyte d'Albis & Emmanuelle Augeraud-Véron & Hermen Jan Hupkes, 2015. "Local determinacy of prices in an overlapping generations model with continuous trading," PSE - Labex "OSE-Ouvrir la Science Economique" hal-01175922, HAL.
    21. Jonathan L. Burke, 2022. "Generic determinacy among stationary overlapping generations," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 73(4), pages 977-993, June.
    22. Zhigang Feng, 2013. "Tackling indeterminacy in overlapping generations models," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 77(3), pages 445-457, June.
    23. Timothy J. Kehoe & David K. Levine & Paul Romer, 1992. "On Characterizing Equilibria of Models with Externalities and Taxes as Solutions to Optimization Problems," Levine's Working Paper Archive 124, David K. Levine.
    24. Gregory Amacher & Markku Ollikainen & Mikko Puhakka, 2018. "Renewable Resource Use and Nonseparable Amenity Benefits," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 69(4), pages 637-659, April.
    25. Kehoe, Timothy J & Levine, David K & Romer, Paul M, 1992. "On Characterizing Equilibria of Economies with Externalities and Taxes as Solutions to Optimization Problems," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 2(1), pages 43-68, January.
    26. Fratini, Saverio M. & Levrero, Enrico Sergio & Ravagnani, Fabio, 2016. "Price expectations in neo-Walrasian equilibrium models: an overview," MPRA Paper 69515, University Library of Munich, Germany.
    27. Erkki Koskela & Markku Ollikainen & Mikko Puhakka, 2008. "SaddleS and BifurcationS in an Overlapping GenerationS Economy with a Renewable Resource," Finnish Economic Papers, Finnish Economic Association, vol. 21(1), pages 3-21, Spring.
    28. Matthew Hoelle & M. Udara Peiris, 2013. "On the Efficiency of Nominal GDP Targeting in a Large Open Economy," Purdue University Economics Working Papers 1273, Purdue University, Department of Economics.
    29. Molnar, Gyorgy & Simonovits, Andras, 1998. "Expectations, (in)stability and (in)viability in realistic overlapping cohorts models," Journal of Economic Dynamics and Control, Elsevier, vol. 23(2), pages 303-332, September.
    30. Fabrizio Orrego, 2014. "Habit formation and indeterminacy in overlapping generations models," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 55(1), pages 225-241, January.

  64. Timothy J. Kehoe & David K. Levine & Paul Romer, 1990. "Determinacy of Equilibrium in Dynamic Models with Finitely Many Consumers," Levine's Working Paper Archive 165, David K. Levine.

    Cited by:

    1. Manjira Datta & Leonard Mirman & Olivier Morand & Kevin Reffett, 2002. "Monotone Methods for Markovian Equilibrium in Dynamic Economies," Annals of Operations Research, Springer, vol. 114(1), pages 117-144, August.
    2. Ghiglino, Christian, 2002. "Introduction to a General Equilibrium Approach to Economic Growth," Journal of Economic Theory, Elsevier, vol. 105(1), pages 1-17, July.
    3. Victor Filipe Martins da Rocha & Yiannis Vailakis, 2013. "Fixed-point for local contractions: applications to recursive utility," Post-Print hal-00734522, HAL.
    4. Timothy J. Kehoe & David K. Levine & Andreu Mas-Colell & William Zame, 1989. "Determinacy of Equilibrium in Large Square Economies," Levine's Working Paper Archive 46, David K. Levine.
    5. Robert Becker & Stefano Bosi & Cuong Le Van & Thomas Seegmuller, 2014. "On existence and bubbles of Ramsey equilibrium with borrowing constraints," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-01020635, HAL.
    6. Covarrubias Enrique, 2011. "The Number of Equilibria of Smooth Infinite Economies," Working Papers 2011-02, Banco de México.
    7. Carmen Camacho & Agustín Pérez-Barahona, 2017. "The diffusion of economic activity across space: a new approach," Working Papers halshs-01670532, HAL.
    8. Alexis Anagnostopoulos & Eva Carceles‐Poveda & Yair Tauman, 2021. "Value Preserving Welfare Weights For Social Optimization Problems," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 62(4), pages 1627-1653, November.
    9. Stefano Bosi & Cuong Le Van & Ngoc-Sang Pham, 2021. "Real indeterminacy and dynamics of asset price bubbles in general equilibrium," Working Papers halshs-02993656, HAL.
    10. Alain Venditti & Christian Ghiglino, 2007. "Wealth inequality, preference heterogeneity and macroeconomic volatility intwo-sector economies," Post-Print halshs-00279997, HAL.
    11. Datta, Manjira & Mirman, Leonard J. & Morand, Olivier F. & Reffett, Kevin L., 2005. "Markovian equilibrium in infinite horizon economies with incomplete markets and public policy," Journal of Mathematical Economics, Elsevier, vol. 41(4-5), pages 505-544, August.
    12. Datta, Manjira & Mirman, Leonard J. & Reffett, Kevin L., 2002. "Existence and Uniqueness of Equilibrium in Distorted Dynamic Economies with Capital and Labor," Journal of Economic Theory, Elsevier, vol. 103(2), pages 377-410, April.
    13. Drugeon, Jean-Pierre & Nourry, Carine & Venditti, Alain, 2010. "On efficiency and local uniqueness in two-sector OLG economies," Mathematical Social Sciences, Elsevier, vol. 59(1), pages 120-144, January.
    14. Carmen Camacho & Agustín Pérez-Barahona, 2017. "The diffusion of economic activity across space: a new approach," PSE Working Papers halshs-01670532, HAL.
    15. Jean-Pierre Drugeon & Carine Nourry & Alain Venditti, 2006. "Does dynamic efficiency rule out sunspot fluctuations ?," Working Papers halshs-00410787, HAL.
    16. Ghiglino, Christian & Venditti, Alain, 2011. "Wealth distribution and output fluctuations," Journal of Economic Theory, Elsevier, vol. 146(6), pages 2478-2509.
    17. Christian Ghiglino & Marielle Olszak-Duquenne, 2005. "On The Impact Of Heterogeneity On Indeterminacy," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 46(1), pages 171-188, February.
    18. Joël Blot & Bertrand Crettez, 2004. "On the smoothness of optimal paths," Decisions in Economics and Finance, Springer;Associazione per la Matematica, vol. 27(1), pages 1-34, August.
    19. Robert Becker & Stefano Bosi & Cuong Le Van & Thomas Seegmuller, 2012. "On existence, efficiency and bubbles of Ramsey equilibrium with borrowing constraints," CAEPR Working Papers 2012-001, Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington.
    20. Manjira Datta & Kevin Reffett & Łukasz Woźny, 2018. "Comparing recursive equilibrium in economies with dynamic complementarities and indeterminacy," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 66(3), pages 593-626, October.
    21. Stefano Bosi & Cuong Le Van & Ngoc-Sang Pham, 2022. "Real indeterminacy and dynamics of asset price bubbles in general equilibrium," Post-Print halshs-02993656, HAL.
    22. Ghiglino, Christian, 2005. "Wealth inequality and dynamic stability," Journal of Economic Theory, Elsevier, vol. 124(1), pages 106-115, September.
    23. Santos, Manuel S., 1992. "Differentiability and comparative analysis in discrete-time infinite-horizon optimization," Journal of Economic Theory, Elsevier, vol. 57(1), pages 222-229.
    24. Chris Shannon & William R. Zame, 2002. "Quadratic Concavity and Determinacy of Equilibrium," Econometrica, Econometric Society, vol. 70(2), pages 631-662, March.
    25. Andrew Aitken & Martin Weale, 2018. "A Democratic Measure of Household Income Growth: Theory and Application to the United Kingdom," Economic Statistics Centre of Excellence (ESCoE) Discussion Papers ESCoE DP-2018-02, Economic Statistics Centre of Excellence (ESCoE).
    26. Balasko, Yves, 1997. "Equilibrium analysis of the infinite horizon model with smooth discounted utility functions," Journal of Economic Dynamics and Control, Elsevier, vol. 21(4-5), pages 783-829, May.
    27. Bosi, Stefano & Seegmuller, Thomas, 2006. "Optimal cycles and social inequality: What do we learn from the Gini index?," Research in Economics, Elsevier, vol. 60(1), pages 35-46, March.
    28. Nourry, C. & Vendetti, A., 1998. "Determinacy of Equilibrium in an Overlapping Generations Model with Heterogenous Agents," G.R.E.Q.A.M. 98a02, Universite Aix-Marseille III.
    29. Brock, William A. & Engström, Gustav & Grass, Dieter & Xepapadeas, Anastasios, 2013. "Energy balance climate models and general equilibrium optimal mitigation policies," Journal of Economic Dynamics and Control, Elsevier, vol. 37(12), pages 2371-2396.
    30. Mitra, Tapan & Nishimura, Kazuo, 2001. "Introduction to Intertemporal Equilibrium Theory: Indeterminacy, Bifurcations, and Stability," Journal of Economic Theory, Elsevier, vol. 96(1-2), pages 1-12, January.
    31. Kehoe, Timothy J & Levine, David K & Romer, Paul M, 1992. "On Characterizing Equilibria of Economies with Externalities and Taxes as Solutions to Optimization Problems," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 2(1), pages 43-68, January.
    32. Eric Bond & Kazumichi Iwasa & Kazuo Nishimura, 2011. "A dynamic two country Heckscher–Ohlin model with non-homothetic preferences," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 48(1), pages 171-204, September.
    33. Santos, Manuel S., 1991. "On the policy function in continuos time economic models," UC3M Working papers. Economics 2763, Universidad Carlos III de Madrid. Departamento de Economía.
    34. Ghiglino, Christian, 2007. "Trade, redistribution and indeterminacy," Journal of Mathematical Economics, Elsevier, vol. 43(3-4), pages 365-389, April.
    35. Balasko, Yves, 1997. "Pareto optima, welfare weights, and smooth equilibrium analysis," Journal of Economic Dynamics and Control, Elsevier, vol. 21(2-3), pages 473-503.
    36. Nishimura, Kazuo & Venditti, Alain, 2004. "Indeterminacy And The Role Of Factor Substitutability," Macroeconomic Dynamics, Cambridge University Press, vol. 8(4), pages 436-465, September.

  65. Timothy J. Kehoe & David K. Levine & Paul Romer, 1989. "Steady States and Determinacy in Economies with Infinitely Lived Agents," Levine's Working Paper Archive 52, David K. Levine.

    Cited by:

    1. Timothy J. Kehoe & David K. Levine & Paul Romer, 1990. "Determinacy of Equilibrium in Dynamic Models with Finitely Many Consumers," Levine's Working Paper Archive 165, David K. Levine.
    2. Robert Becker, 2011. "Optimal Growth with Heterogeneous Agents and the Twisted Turnpike: An Example," CAEPR Working Papers 2011-008, Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington.
    3. Santos, Manuel S., 1992. "Differentiability and comparative analysis in discrete-time infinite-horizon optimization," Journal of Economic Theory, Elsevier, vol. 57(1), pages 222-229.
    4. Balasko, Yves, 1997. "Equilibrium analysis of the infinite horizon model with smooth discounted utility functions," Journal of Economic Dynamics and Control, Elsevier, vol. 21(4-5), pages 783-829, May.
    5. Rodríguez-Arana, Alejandro, 2016. "Una visión crítica del problema de indeterminación de la distribución del ingreso en el sistema económico de piero Sraffa./ A critical view of the problem indeterminacy of distributionincome in the sy," Panorama Económico, Escuela Superior de Economía, Instituto Politécnico Nacional, vol. 12(23), pages 7-28, Segundo s.
    6. Balasko, Yves, 1997. "Pareto optima, welfare weights, and smooth equilibrium analysis," Journal of Economic Dynamics and Control, Elsevier, vol. 21(2-3), pages 473-503.

  66. Timothy J. Kehoe & David K. Levine & Andreu Mas-Colell & William Zame, 1989. "Determinacy of Equilibrium in Large Square Economies," Levine's Working Paper Archive 46, David K. Levine.

    Cited by:

    1. Covarrubias, Enrique, 2008. "The number of equilibria of smooth infinite economies with separable utilities," MPRA Paper 11099, University Library of Munich, Germany.
    2. Covarrubias, Enrique, 2011. "The equilibrium set of economies with a continuous consumption space," Journal of Mathematical Economics, Elsevier, vol. 47(2), pages 137-142, March.
    3. Covarrubias Enrique, 2011. "The Number of Equilibria of Smooth Infinite Economies," Working Papers 2011-02, Banco de México.
    4. Timothy J. Kehoe & David K. Levine & Paul Romer, 1990. "Determinacy of Equilibrium in Dynamic Models with Finitely Many Consumers," Levine's Working Paper Archive 165, David K. Levine.
    5. Covarrubias, Enrique, 2008. "Determinacy of equilibria of smooth infinite economies," MPRA Paper 9437, University Library of Munich, Germany.
    6. Covarrubias Enrique, 2010. "Regular Infinite Economies," Working Papers 2010-03, Banco de México.
    7. Chris Shannon & William R. Zame, 2002. "Quadratic Concavity and Determinacy of Equilibrium," Econometrica, Econometric Society, vol. 70(2), pages 631-662, March.
    8. Timothy J. Kehoe & David K. Levine & Andreu Mas-Colell & Michael Woodford, 1991. "Gross Substitutes in Large Square Economics," Levine's Working Paper Archive 2057, David K. Levine.
    9. Balasko, Yves, 1997. "Equilibrium analysis of the infinite horizon model with smooth discounted utility functions," Journal of Economic Dynamics and Control, Elsevier, vol. 21(4-5), pages 783-829, May.
    10. DEMICHELIS, Stefano & POLEMARCHAKIS, Heracles, 2000. "Life-span and the determinacy of equilibrium in economies of overlapping generations," LIDAM Discussion Papers CORE 2000034, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    11. Chichilnisky, Graciela & Zhou, Yuqing, 1998. "Smooth infinite economies," Journal of Mathematical Economics, Elsevier, vol. 29(1), pages 27-42, January.
    12. Kehoe, Timothy J & Levine, David K & Romer, Paul M, 1992. "On Characterizing Equilibria of Economies with Externalities and Taxes as Solutions to Optimization Problems," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 2(1), pages 43-68, January.
    13. Accinelli, Elvio & Covarrubias, Enrique, 2014. "Smooth economic analysis for general spaces of commodities," MPRA Paper 53222, University Library of Munich, Germany.
    14. Timothy J. Kehoe & David K. Levine & Paul Romer, 1989. "Steady States and Determinacy in Economies with Infinitely Lived Agents," Levine's Working Paper Archive 52, David K. Levine.

  67. Timothy J Kehoe & David K Levine, 1985. "Comparative Statics and Perfect Foresight in Infinite Horizon Economies," Levine's Working Paper Archive 1873, David K. Levine.

    Cited by:

    1. van der Laan, Gerard & Withagen, Cees, 2003. "Quasi-equilibrium in economies with infinite dimensional commodity spaces: a truncation approach," Journal of Economic Dynamics and Control, Elsevier, vol. 27(3), pages 423-444, January.
    2. Ghiglino, Christian & Tvede, Mich, 1997. "Multiplicity of Equilibria," Journal of Economic Theory, Elsevier, vol. 75(1), pages 1-15, July.
    3. Reichlin, Pietro & Bloise, Gaetano & Tirelli, Mario, 2009. "Indeterminacy of Competitive Equilibrium with Risk of Default," CEPR Discussion Papers 7477, C.E.P.R. Discussion Papers.
    4. Carine Nourry, 2001. "Stability of equilibria in the overlapping generations model with endogenous labor supply," Post-Print hal-02878016, HAL.
    5. GEANAKOPLOS, John D. & POLEMARCHAKIS, Heraklis M., 1986. "Walrasian indeterminacy and Keynesian macroeconomics," LIDAM Reprints CORE 715, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    6. Timothy J. Kehoe & David K. Levine & Andreu Mas-Colell & William Zame, 1989. "Determinacy of Equilibrium in Large Square Economies," Levine's Working Paper Archive 46, David K. Levine.
    7. Robert Becker & Stefano Bosi & Cuong Le Van & Thomas Seegmuller, 2014. "On existence and bubbles of Ramsey equilibrium with borrowing constraints," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-01020635, HAL.
    8. Kehoe, Timothy J. & Levine, David K., 1984. "Intertemporal separability in overlapping-generations models," Journal of Economic Theory, Elsevier, vol. 34(2), pages 216-226, December.
    9. Édouard Challe, 2004. "Équilibres multiples et volatilité boursière," Revue d'Économie Financière, Programme National Persée, vol. 74(1), pages 105-123.
    10. Timothy J Kehoe & David K Levine, 1985. "Comparative Statics and Perfect Foresight in Infinite Horizon Economies," Levine's Working Paper Archive 1873, David K. Levine.
    11. Timothy J. Kehoe & David K. Levine & Paul Romer, 1990. "Determinacy of Equilibrium in Dynamic Models with Finitely Many Consumers," Levine's Working Paper Archive 165, David K. Levine.
    12. Kiminori Matsuyama, 1989. "Complicated Topological Structure of the Set of Equilibrium Prices," Discussion Papers 826, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    13. Accinelli, Elvio & Covarrubias, Enrique, 2013. "An extension of the Sard-Smale Theorem to domains with an empty interior," MPRA Paper 47404, University Library of Munich, Germany.
    14. Stefano Bosi & Cuong Le Van & Ngoc-Sang Pham, 2021. "Real indeterminacy and dynamics of asset price bubbles in general equilibrium," Working Papers halshs-02993656, HAL.
    15. Georges, Christophre, 2003. "Adjustment costs, learning, and indeterminacy," Journal of Economic Dynamics and Control, Elsevier, vol. 28(1), pages 101-116, October.
    16. Drugeon, Jean-Pierre & Nourry, Carine & Venditti, Alain, 2010. "On efficiency and local uniqueness in two-sector OLG economies," Mathematical Social Sciences, Elsevier, vol. 59(1), pages 120-144, January.
    17. Domenico Colucci, 1999. "Limited Computational Ability and Approximation of Dynamical Systems," Computing in Economics and Finance 1999 1142, Society for Computational Economics.
    18. Timothy Kehoe, 1982. "Regularity in Overlapping Generations Exchange Economies," UCLA Economics Working Papers 258, UCLA Department of Economics.
    19. Dana, Rose-Anne, 1999. "Existence, uniqueness and determinacy of equilibrium in C.A.P.M. with a riskless asset," Journal of Mathematical Economics, Elsevier, vol. 32(2), pages 167-175, October.
    20. d'Albis, Hippolyte & Augeraud-Véron, Emmanuelle & Hupkes, Herman Jan, 2014. "Local Determinacy of Prices in an Overlapping Generations Model with Continuous Trading," MPRA Paper 59126, University Library of Munich, Germany.
    21. S. Rao Aiyagari, 1987. "Nonmonetary steady states in stationary overlapping generations models with long lived agents and discounting: multiplicity, optimality, and consumption smoothing," Working Papers 325, Federal Reserve Bank of Minneapolis.
    22. Judd, Kenneth L., 1996. "Approximation, perturbation, and projection methods in economic analysis," Handbook of Computational Economics, in: H. M. Amman & D. A. Kendrick & J. Rust (ed.), Handbook of Computational Economics, edition 1, volume 1, chapter 12, pages 509-585, Elsevier.
    23. Jesús Fernández-Villaverde & Juan F. Rubio-Ramírez & Manuel S. Santos, 2006. "Convergence Properties of the Likelihood of Computed Dynamic Models," Econometrica, Econometric Society, vol. 74(1), pages 93-119, January.
    24. Norman, Thomas W.L., 2020. "Market selection with an endogenous state," Journal of Mathematical Economics, Elsevier, vol. 91(C), pages 51-59.
    25. Kehoe, Timothy J. & Levine, David K., 1990. "The economics of indeterminacy in overlapping generations models," Journal of Public Economics, Elsevier, vol. 42(2), pages 219-243, July.
    26. Kirkby, Robert, 2017. "Transition paths for Bewley-Huggett-Aiyagari models: Comparison of some solution algorithms," Working Paper Series 19669, Victoria University of Wellington, School of Economics and Finance.
    27. Alexander Gorokhovsky & Anna Rubinchik, 2019. "Necessary and Sufficient Conditions for Determinacy of Asymptotically Stationary Equilibria in Olg Models," Cowles Foundation Discussion Papers 2179, Cowles Foundation for Research in Economics, Yale University.
    28. Manuel Santos & Jianjun Miao, 2005. "Numerical Solution of Dynamic Non-Optimal Economies," 2005 Meeting Papers 266, Society for Economic Dynamics.
    29. Roger E. A. Farmer, 1991. "The Lucas Critique, Policy Invariance and Multiple Equilibria," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 58(2), pages 321-332.
    30. Antonio Manresa Sanchez, 1998. "Can we identify Walrasian allocations?," Working Papers in Economics 32, Universitat de Barcelona. Espai de Recerca en Economia.
    31. Sebastian Rausch & Thomas Rutherford, 2010. "Computation of Equilibria in OLG Models with Many Heterogeneous Households," Computational Economics, Springer;Society for Computational Economics, vol. 36(2), pages 171-189, August.
    32. Kitagawa, Akiomi & Shibata, Akihisa, 2001. "Long gestation in an overlapping generations economy: endogenous cycles and indeterminacy of equilibria," Journal of Mathematical Economics, Elsevier, vol. 35(1), pages 99-127, February.
    33. Herrendorf, Berthold & Valentinyi, Ákos & Waldman, Robert, 1999. "Ruling out multiplicity and indeterminacy: The role of heterogeneity," UC3M Working papers. Economics 6167, Universidad Carlos III de Madrid. Departamento de Economía.
    34. Robert Becker & Stefano Bosi & Cuong Le Van & Thomas Seegmuller, 2012. "On existence, efficiency and bubbles of Ramsey equilibrium with borrowing constraints," CAEPR Working Papers 2012-001, Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington.
    35. Stefano Bosi & Cuong Le Van & Ngoc-Sang Pham, 2022. "Real indeterminacy and dynamics of asset price bubbles in general equilibrium," Post-Print halshs-02993656, HAL.
    36. John Geanakoplos & Donald J. Brown, 1985. "Comparative Statics and Local Indeterminacy in OLG Economies: An Application of the Multiplicative Ergodic Theorem," Cowles Foundation Discussion Papers 773, Cowles Foundation for Research in Economics, Yale University.
    37. Tobias Rasmussen, 2003. "Modeling the Economics of Greenhouse Gas Abatement: An Overlapping Generations Perspective," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 6(1), pages 99-119, January.
    38. Kamiya, Kazuya & Shimizu, Takashi, 2006. "Real indeterminacy of stationary equilibria in matching models with divisible money," Journal of Mathematical Economics, Elsevier, vol. 42(4-5), pages 594-617, August.
    39. Robert Becker, 2011. "Optimal Growth with Heterogeneous Agents and the Twisted Turnpike: An Example," CAEPR Working Papers 2011-008, Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington.
    40. Georges, Christophre, 1995. "Adjustment costs and indeterminacy in perfect foresight models," Journal of Economic Dynamics and Control, Elsevier, vol. 19(1-2), pages 39-50.
    41. Ani Guerdjikova & John Quiggin, 2023. "Financial Market Equilibrium with Bounded Awareness 1," Working Papers hal-03962427, HAL.
    42. Kotlikoff, Laurence J., 2002. "Generational policy," Handbook of Public Economics, in: A. J. Auerbach & M. Feldstein (ed.), Handbook of Public Economics, edition 1, volume 4, chapter 27, pages 1873-1932, Elsevier.
    43. Timothy J. Kehoe & David K. Levine, 1990. "Indeterminacy in Applied Intertemporal General Equilibrium Models," Levine's Working Paper Archive 2042, David K. Levine.
    44. Zhigang Feng & Jianjun Miao & Adrian Peralta-Alva & Manuel S. Santos, "undated". "Numerical Simulation of Nonoptimal Dynamic Equilibrium Models," Boston University - Department of Economics - Working Papers Series wp2009-013, Boston University - Department of Economics.
    45. Leland Farmer & Roger Farmer, 2022. "Zoomers and Boomers: Asset Prices and Intergenerational Inequality," NBER Working Papers 30419, National Bureau of Economic Research, Inc.
    46. Kazuya Kamiya & Takashi Shimizu, 2004. "Real Indeterminacy of Stationary Equilibria in Matching Models with Media of Exchange," CIRJE F-Series CIRJE-F-167, CIRJE, Faculty of Economics, University of Tokyo.
    47. Chris Shannon & William R. Zame, 2002. "Quadratic Concavity and Determinacy of Equilibrium," Econometrica, Econometric Society, vol. 70(2), pages 631-662, March.
    48. Timothy J. Kehoe & David K. Levine & Andreu Mas-Colell & Michael Woodford, 1991. "Gross Substitutes in Large Square Economics," Levine's Working Paper Archive 2057, David K. Levine.
    49. DRÈZE, Jacques & HERINGS, Jean-Jacques, 2003. "Sequentially complete markets remain incomplete," LIDAM Discussion Papers CORE 2003085, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    50. Timothy J. Kehoe & Nobuhiro Kiyotaki & Randall Wright, 1991. "More on money as a medium of exchange," Staff Report 140, Federal Reserve Bank of Minneapolis.
    51. Coleman, Wilbur II, 2000. "Uniqueness of an Equilibrium in Infinite-Horizon Economies Subject to Taxes and Externalities," Journal of Economic Theory, Elsevier, vol. 95(1), pages 71-78, November.
    52. Yoshihara, Naoki & Kwak, Se Ho, 2022. "Sraffian indeterminacy of steady-state equilibria in the Walrasian general equilibrium framework," Discussion Paper Series 734, Institute of Economic Research, Hitotsubashi University.
    53. Simonovits, András, 1999. "A racionális és a naiv várakozások stabilitásának összehasonlítása [Commparison of the stability of rational and naive expectations]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(7), pages 689-700.
    54. Claustre Bajona & Timothy J. Kehoe, 2006. "Demographics in Dynamic Heckscher-Ohlin Models: Overlapping Generations Versus Infinitely Lived Consumers," NBER Working Papers 12566, National Bureau of Economic Research, Inc.
    55. Roger E.A. Farmer, 2019. "The Indeterminacy School in Macroeconomics," NBER Working Papers 25879, National Bureau of Economic Research, Inc.
    56. Tirelli, Mario & Turner, Sergio, 2010. "A social welfare function characterizing competitive equilibria of incomplete financial markets," Research in Economics, Elsevier, vol. 64(1), pages 58-65, March.
    57. Dana, R.A. & Le Van, C., 1996. "Asset Equilibria in "L" Spaces with Complete Markets: A Duality Approach," Papers 95.388, Toulouse - GREMAQ.
    58. Balasko, Yves, 1997. "Equilibrium analysis of the infinite horizon model with smooth discounted utility functions," Journal of Economic Dynamics and Control, Elsevier, vol. 21(4-5), pages 783-829, May.
    59. Medio, Alfredo & Raines, Brian, 2007. "Backward dynamics in economics. The inverse limit approach," Journal of Economic Dynamics and Control, Elsevier, vol. 31(5), pages 1633-1671, May.
    60. Rose-Anne Dana, 2001. "original papers : Uniqueness of Arrow-Debreu and Arrow-Radner equilibrium when utilities are additively separable," Review of Economic Design, Springer;Society for Economic Design, vol. 6(2), pages 155-173.
    61. Lilia Maliar & Serguei Maliar, 2003. "Quasi-Linear Preferences In The Macroeconomy: Indeterminacy, Heterogeneity Andthe Representative Consumer," Working Papers. Serie AD 2003-30, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    62. S. Rao Aiyagari, 1986. "Optimality and monetary equilibria in stationary overlapping generations models with long lived agents: growth versus discounting," Working Papers 312, Federal Reserve Bank of Minneapolis.
    63. Gerhard Sorger, 2005. "Active and Passive Monetary Policy in an Overlapping Generations Model," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 8(3), pages 731-748, July.
    64. Oghenovo A. Obrimah, 2023. "Policy-speak evidence that each of Pareto efficient competition and transfer payments are necessary conditions for first-best progressions to welfare," SN Business & Economics, Springer, vol. 3(8), pages 1-30, August.
    65. DEMICHELIS, Stefano & POLEMARCHAKIS, Heracles, 2000. "Life-span and the determinacy of equilibrium in economies of overlapping generations," LIDAM Discussion Papers CORE 2000034, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    66. Mertens, Jean-Francois & Rubinchik, Anna, "undated". "Equilibria in an overlapping generations model with transfer policies and exogenous growth," Working Papers WP2012/5, University of Haifa, Department of Economics.
    67. Bisin, Alberto & Horst, Ulrich & Ozgur, Onur, 2006. "Rational expectations equilibria of economies with local interactions," Journal of Economic Theory, Elsevier, vol. 127(1), pages 74-116, March.
    68. Eungsik Kim & Stephen E. Spear, 2021. "Determinate perfect foresight forecasting in overlapping generations models," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 71(2), pages 505-531, March.
    69. Nourry, C. & Vendetti, A., 1998. "Determinacy of Equilibrium in an Overlapping Generations Model with Heterogenous Agents," G.R.E.Q.A.M. 98a02, Universite Aix-Marseille III.
    70. Roger E. A. Farmer, 2018. "Pricing Assets in a Perpetual Youth Model," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 30, pages 106-124, October.
    71. Roger Guesnerie, 2006. "General equilibrium, co-ordination and multiplicity on spot markets," Post-Print halshs-00754738, HAL.
    72. Wirl, Franz & Feichtinger, Gustav, 2006. "History versus expectations: Increasing returns or social influence?," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 35(5), pages 877-888, October.
    73. Rubinchik, Anna & Gorokhovsky, Alexander, "undated". "Regularity of a general equilibrium in a model with infinite past and future," Working Papers WP2017/1, University of Haifa, Department of Economics.
    74. Mitra, Tapan & Nishimura, Kazuo, 2001. "Introduction to Intertemporal Equilibrium Theory: Indeterminacy, Bifurcations, and Stability," Journal of Economic Theory, Elsevier, vol. 96(1-2), pages 1-12, January.
    75. Aloisio Araujo & Wilfredo L. Maldonado & Diogo Pinheiro & Alberto A. Pinto & Mohammad Choubdar Soltanahmadi, 2021. "Refinement of dynamic equilibrium using small random perturbations," International Journal of Economic Theory, The International Society for Economic Theory, vol. 17(3), pages 258-283, September.
    76. Hippolyte d'Albis & Emmanuelle Augeraud-Véron & Hermen Jan Hupkes, 2015. "Local determinacy of prices in an overlapping generations model with continuous trading," PSE - Labex "OSE-Ouvrir la Science Economique" hal-01175922, HAL.
    77. Roger E A Farmer, 2019. "The Indeterminacy Agenda in Macroeconomics," National Institute of Economic and Social Research (NIESR) Discussion Papers 507, National Institute of Economic and Social Research.
    78. Mertens, Jean-François & Rubinchik, Anna, 2019. "Regularity And Stability Of Equilibria In An Overlapping Generations Growth Model," Macroeconomic Dynamics, Cambridge University Press, vol. 23(2), pages 699-729, March.
    79. Jonathan L. Burke, 2022. "Generic determinacy among stationary overlapping generations," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 73(4), pages 977-993, June.
    80. Kehoe, Timothy J & Levine, David K & Romer, Paul M, 1992. "On Characterizing Equilibria of Economies with Externalities and Taxes as Solutions to Optimization Problems," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 2(1), pages 43-68, January.
    81. Truman F. Bewley, 1984. "Fiscal and Monetary Policy in a General Equilibrium Model," Cowles Foundation Discussion Papers 690, Cowles Foundation for Research in Economics, Yale University.
    82. Gauthier, Stephane, 2004. "Determinacy in linear rational expectations models," Journal of Mathematical Economics, Elsevier, vol. 40(7), pages 815-830, November.
    83. Rasmussen, Tobias N. & Rutherford, Thomas F., 2004. "Modeling overlapping generations in a complementarity format," Journal of Economic Dynamics and Control, Elsevier, vol. 28(7), pages 1383-1409, April.
    84. Barucci, Emilio, 2000. "Exponentially fading memory learning in forward-looking economic models," Journal of Economic Dynamics and Control, Elsevier, vol. 24(5-7), pages 1027-1046, June.
    85. Accinelli, Elvio & Covarrubias, Enrique, 2014. "Smooth economic analysis for general spaces of commodities," MPRA Paper 53222, University Library of Munich, Germany.
    86. Timothy J. Kehoe & David K. Levine & Paul Romer, 1989. "Steady States and Determinacy in Economies with Infinitely Lived Agents," Levine's Working Paper Archive 52, David K. Levine.
    87. Molnar, Gyorgy & Simonovits, Andras, 1998. "Expectations, (in)stability and (in)viability in realistic overlapping cohorts models," Journal of Economic Dynamics and Control, Elsevier, vol. 23(2), pages 303-332, September.
    88. Gaetano Bloise, 2013. "The structure of competitive equilibrium with unsecured debt," Departmental Working Papers of Economics - University 'Roma Tre' 0187, Department of Economics - University Roma Tre.
    89. Gazzola, Gianluca & Medio, Alfredo, 2006. "Global sunspots in OLG models: Theory and computational analysis," Journal of Macroeconomics, Elsevier, vol. 28(1), pages 27-45, March.
    90. Balasko, Yves, 1997. "Pareto optima, welfare weights, and smooth equilibrium analysis," Journal of Economic Dynamics and Control, Elsevier, vol. 21(2-3), pages 473-503.
    91. Nishimura, Kazuo & Venditti, Alain, 2004. "Indeterminacy And The Role Of Factor Substitutability," Macroeconomic Dynamics, Cambridge University Press, vol. 8(4), pages 436-465, September.

  68. Timothy J. Kehoe & David K. Levine, 1984. "Intertemporal Separability in Overlapping Generations Models," Levine's Working Paper Archive 108, David K. Levine.

    Cited by:

    1. Hippolyte d'Albis & Emmanuelle Augeraud-Véron, 2013. "Frequency of trade and the determinacy of equilibrium in economies of overlapping generations," International Journal of Economic Theory, The International Society for Economic Theory, vol. 9(1), pages 85-100, March.
    2. Hippolyte d'Albis & Emmanuelle Augeraud-Véron, 2013. "Frequency of trade and the determinacy of equilibrium in economies of overlapping generations," PSE - Labex "OSE-Ouvrir la Science Economique" hal-00759208, HAL.
    3. Timothy Kehoe, 1982. "Regularity in Overlapping Generations Exchange Economies," UCLA Economics Working Papers 258, UCLA Department of Economics.
    4. Kehoe, Timothy J. & Levine, David K., 1990. "The economics of indeterminacy in overlapping generations models," Journal of Public Economics, Elsevier, vol. 42(2), pages 219-243, July.
    5. Geanakoplos, J. D. & Polemarchakis, H. M., 1984. "Intertemporally separable, overlapping-generations economies," Journal of Economic Theory, Elsevier, vol. 34(2), pages 207-215, December.
    6. John Geanakoplos & Donald J. Brown, 1985. "Comparative Statics and Local Indeterminacy in OLG Economies: An Application of the Multiplicative Ergodic Theorem," Cowles Foundation Discussion Papers 773, Cowles Foundation for Research in Economics, Yale University.
    7. Timothy J. Kehoe & David K. Levine & Andreu Mas-Colell & Michael Woodford, 1991. "Gross Substitutes in Large Square Economics," Levine's Working Paper Archive 2057, David K. Levine.
    8. Charalambos Aliprantis & Kim Border & Owen Burkinshaw, 1996. "Market economies with many commodities," Decisions in Economics and Finance, Springer;Associazione per la Matematica, vol. 19(1), pages 113-185, March.
    9. DEMICHELIS, Stefano & POLEMARCHAKIS, Heracles, 2000. "Life-span and the determinacy of equilibrium in economies of overlapping generations," LIDAM Discussion Papers CORE 2000034, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    10. Mitra, Tapan & Nishimura, Kazuo, 2001. "Introduction to Intertemporal Equilibrium Theory: Indeterminacy, Bifurcations, and Stability," Journal of Economic Theory, Elsevier, vol. 96(1-2), pages 1-12, January.

  69. Timothy J. Kehoe & David K. Levine, 1984. "Regularity in Overlapping Generations Exchange Economies," Levine's Working Paper Archive 2184, David K. Levine.

    Cited by:

    1. Zhigang Feng & Matthew Hoelle, 2017. "Indeterminacy in stochastic overlapping generations models: real effects in the long run," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 63(2), pages 559-585, February.
    2. POLEMARCHAKIS, Heracles M. & ROCHON, Céline, 1999. "Debt, liquidity and dynamics," LIDAM Discussion Papers CORE 1999034, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    3. Kehoe, Timothy J. & Levine, David K., 1984. "Intertemporal separability in overlapping-generations models," Journal of Economic Theory, Elsevier, vol. 34(2), pages 216-226, December.
    4. Duc, Francois & Ghiglino, Christian, 1998. "Optimality of Barter steady states," Journal of Economic Dynamics and Control, Elsevier, vol. 22(7), pages 1053-1067, May.
    5. Hippolyte D'Albis & Emmanuelle Augeraud-Veron, 2008. "Endogenous Retirement and Monetary Cycles," Mathematical Population Studies, Taylor & Francis Journals, vol. 15(4), pages 214-229.
    6. Anna Rubinchik & Jean-Francois Mertens, 2008. "Intergenerational equity and the discount rate for cost-benefit analysis," 2008 Meeting Papers 874, Society for Economic Dynamics.
    7. Mich Tvede, 2009. "Fluctuations in Overlapping Generations Economies," Discussion Papers 09-05, University of Copenhagen. Department of Economics.
    8. Kehoe, Timothy J. & Levine, David K., 1990. "The economics of indeterminacy in overlapping generations models," Journal of Public Economics, Elsevier, vol. 42(2), pages 219-243, July.
    9. Kelly, David L. & Shorish, Jamsheed, 2000. "Stability of Functional Rational Expectations Equilibria," Journal of Economic Theory, Elsevier, vol. 95(2), pages 215-250, December.
    10. Alexander Gorokhovsky & Anna Rubinchik, 2019. "Necessary and Sufficient Conditions for Determinacy of Asymptotically Stationary Equilibria in Olg Models," Cowles Foundation Discussion Papers 2179, Cowles Foundation for Research in Economics, Yale University.
    11. Mertens, Jean-Francois & Rubinchik, Anna, "undated". "Intergenerational Equity And The Discount Rate For Policy Analysis," Working Papers WP2011/4, University of Haifa, Department of Economics.
    12. Felix Kubler & Karl Schmedders, 2010. "Tackling Multiplicity of Equilibria with Gröbner Bases," Operations Research, INFORMS, vol. 58(4-part-2), pages 1037-1050, August.
    13. Eisei Ohtaki & Hiroyuki Ozaki, 2013. "Monetary Equilibria and Knightian Uncertainty," Keio/Kyoto Joint Global COE Discussion Paper Series 2012-032, Keio/Kyoto Joint Global COE Program.
    14. Timothy J. Kehoe & Nobuhiro Kiyotaki & Randall Wright, 1991. "More on money as a medium of exchange," Staff Report 140, Federal Reserve Bank of Minneapolis.
    15. Charalambos Aliprantis & Kim Border & Owen Burkinshaw, 1996. "Market economies with many commodities," Decisions in Economics and Finance, Springer;Associazione per la Matematica, vol. 19(1), pages 113-185, March.
    16. S. Rao Aiyagari, 1986. "Optimality and monetary equilibria in stationary overlapping generations models with long lived agents: growth versus discounting," Working Papers 312, Federal Reserve Bank of Minneapolis.
    17. DEMICHELIS, Stefano & POLEMARCHAKIS, Heracles, 2000. "Life-span and the determinacy of equilibrium in economies of overlapping generations," LIDAM Discussion Papers CORE 2000034, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    18. Mertens, Jean-Francois & Rubinchik, Anna, "undated". "Equilibria in an overlapping generations model with transfer policies and exogenous growth," Working Papers WP2012/5, University of Haifa, Department of Economics.
    19. Eungsik Kim & Stephen E. Spear, 2021. "Determinate perfect foresight forecasting in overlapping generations models," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 71(2), pages 505-531, March.
    20. Ghiglino, Christian & Tvede, Mich, 1995. "On dynamics and the core of OG models," Economics Letters, Elsevier, vol. 48(3-4), pages 313-317, June.
    21. Eckwert, Bernhard, 1996. "Equilibrium term structure relations of risky assets in incomplete markets," The Quarterly Review of Economics and Finance, Elsevier, vol. 36(3), pages 327-346.
    22. Michael Assous & Pedro Garcia Duarte, 2017. "Challenging Lucas: from overlapping generations to infinite-lived agent models," Working Papers, Department of Economics 2017_03, University of São Paulo (FEA-USP).
    23. Zhigang Feng, 2013. "Tackling indeterminacy in overlapping generations models," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 77(3), pages 445-457, June.
    24. Ghiglino, Christian & Tvede, Mich, 1995. "Endowments, stability, and fluctuations in OG models," Journal of Economic Dynamics and Control, Elsevier, vol. 19(3), pages 621-653, April.
    25. Orlando Gomes, 2022. "Human capital and growth in an OLG-life cycle model," SN Business & Economics, Springer, vol. 2(1), pages 1-26, January.

  70. T. J. Kehoe & J. Serra-Puche, 1983. "A General Equilibrium Appraisal of Energy Policy in Mexico," Working papers 321, Massachusetts Institute of Technology (MIT), Department of Economics.

    Cited by:

    1. Gaspar Núñez Rodríguez & Clemente Polo Andrés, 2008. "An applied general equilibrium analysis of fiscal reforms to fight poverty in Mexico," Ensayos Revista de Economia, Universidad Autonoma de Nuevo Leon, Facultad de Economia, vol. 0(1), pages 81-115, May.
    2. Timothy J. Kehoe, 1996. "Social accounting matrices and applied general equilibrium models," Working Papers 563, Federal Reserve Bank of Minneapolis.
    3. World Bank, 2002. "Romania - Building Institutions for Public Expenditure Management : Reforms, Efficiency and Equity - A Public Expenditure and Institutions Review," World Bank Publications - Reports 15371, The World Bank Group.
    4. Gaspar Núñez Rodríguez, 2015. "Modelo de equilibrio general aplicado para México y análisis de impuestos a la extracción de hidrocarburos," Ensayos Revista de Economia, Universidad Autonoma de Nuevo Leon, Facultad de Economia, vol. 0(1), pages 35-74, May.

  71. T. J. Kehoe & D. K. Levine, 1983. "Indeterminacy of Relative Prices in Overlapping Generations Models," Working papers 313, Massachusetts Institute of Technology (MIT), Department of Economics.

    Cited by:

    1. Kehoe, Timothy J. & Levine, David K., 1984. "Intertemporal separability in overlapping-generations models," Journal of Economic Theory, Elsevier, vol. 34(2), pages 216-226, December.
    2. Roger Farmer & Pawel Zabczyk, 2019. "The Fiscal Theory of the Price Level in Overlapping Generations Models," National Institute of Economic and Social Research (NIESR) Discussion Papers 498, National Institute of Economic and Social Research.
    3. Mr. Roger Farmer & Pawel Zabczyk, 2019. "A Requiem for the Fiscal Theory of the Price Level," IMF Working Papers 2019/219, International Monetary Fund.
    4. Roger E.A. Farmer & Pawel Zabczyk, 2019. "Monetary and Fiscal Policy When People Have Finite Lives," NBER Working Papers 25445, National Bureau of Economic Research, Inc.
    5. Timothy J. Kehoe & David K. Levine & Paul Romer, 1989. "Steady States and Determinacy in Economies with Infinitely Lived Agents," Levine's Working Paper Archive 52, David K. Levine.

  72. Timothy J. Kehoe, 1979. "An Index Theorem for General Equilibrium Models with Production," Cowles Foundation Discussion Papers 516, Cowles Foundation for Research in Economics, Yale University.

    Cited by:

    1. Konstantin Kucheryavyy & Gary Lyn & Andrés Rodríguez-Clare, 2023. "Grounded by Gravity: A Well-Behaved Trade Model with Industry-Level Economies of Scale," American Economic Journal: Macroeconomics, American Economic Association, vol. 15(2), pages 372-412, April.
    2. Lisandro Abrego & Raymond Riezman & John Whalley, 2006. "How reasonable are assumptions used in theoretical models? Computational evidence on the likelihood of trade pattern changes," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 39(3), pages 781-789, August.
    3. Galeazzo Impicciatore & Luca Panaccione & Francesco Ruscitti, 2009. "Intertemporal Equilibrium and Walras' Theory of Capital: a Projection Based Approach," Working Papers in Public Economics 121, University of Rome La Sapienza, Department of Economics and Law.
    4. Pascal Gauthier & Timothy J. Kehoe & Erwan Quintin, 2021. "Constructing Pure-Exchange Economies with Many Equilibria," Staff Report 631, Federal Reserve Bank of Minneapolis.
    5. Bodenstein, Martin, 2013. "Equilibrium stability in open economy models," Journal of Macroeconomics, Elsevier, vol. 35(C), pages 1-13.
    6. Covarrubias Enrique, 2011. "The Number of Equilibria of Smooth Infinite Economies," Working Papers 2011-02, Banco de México.
    7. David K. Levine, 1993. "Trembling Invisible Hand Equilibrium," Levine's Working Paper Archive 189, David K. Levine.
    8. Finn Christensen, 2016. "Comparative Statics and Heterogeneity," Working Papers 2016-01, Towson University, Department of Economics, revised Oct 2016.
    9. Jean Mercenier, 1994. "Nonuniqueness of solutions in applied general equilibrium models with scale economies and imperfect competition," Staff Report 183, Federal Reserve Bank of Minneapolis.
    10. John Whalley & Shunming Zhang, 2011. "Tax-induced multiple equilibria," Applied Economics Letters, Taylor & Francis Journals, vol. 18(15), pages 1469-1477.
    11. Naoki Yoshihara & Se Ho Kwak, 2019. "Sraffian Indeterminacy in General Equilibrium Revisited," UMASS Amherst Economics Working Papers 2019-04, University of Massachusetts Amherst, Department of Economics.
    12. Whalley, John & Zhang, Shunming, 2014. "Parametric persistence of multiple equilibria in an economy directly calibrated to 5 equilibria," Economic Modelling, Elsevier, vol. 41(C), pages 356-364.
    13. Abrego, Lisandro & Riezman, Raymond & Whalley, John, 2006. "How often are propositions on the effects of regional trade agreements theoretical curiosa?," Journal of International Economics, Elsevier, vol. 68(1), pages 59-78, January.
    14. Saverio M. Fratini, 2020. "Interest, profit and saving in Arrow-Debreu equilibrium models," Departmental Working Papers of Economics - University 'Roma Tre' 0254, Department of Economics - University Roma Tre.
    15. Lisandro Abrego & Raymond Riezman & John Whalley, 2001. "How Often Are Propositions on the Effects of Customs Unions Theoretical Curiosa and When Should They Guide Policy?," NBER Working Papers 8304, National Bureau of Economic Research, Inc.
    16. Mandler, Michael, 1997. "Sequential regularity in smooth production economies," Journal of Mathematical Economics, Elsevier, vol. 27(4), pages 487-504, May.
    17. Antoine Mandel, 2007. "An Index Formula for Production Economies with Externalities," Post-Print halshs-00155775, HAL.
    18. Yoshihara, Naoki & Kwak, Se Ho, 2022. "Sraffian indeterminacy of steady-state equilibria in the Walrasian general equilibrium framework," Discussion Paper Series 734, Institute of Economic Research, Hitotsubashi University.
    19. Bodenstein, Martin, 2010. "Trade elasticity of substitution and equilibrium dynamics," Journal of Economic Theory, Elsevier, vol. 145(3), pages 1033-1059, May.
    20. Lisandro Abrego & Raymond Riezman & John Whalley, 2002. "How Often Are Propositions On The Effects Of Regional Trade Agreements Theoretical Curiosa And When Should They Guide Policy?," University of Western Ontario, Departmental Research Report Series 20024, University of Western Ontario, Department of Economics.
    21. Christian Bidard & Guido Erreygers, 1998. "The number and type of long-term equilibria," Journal of Economics, Springer, vol. 67(2), pages 181-205, June.
    22. Saverio M. Fratini, 2008. "Economic Generality Versus Mathematical Genericity: Activity‐Level Indeterminacy And The Index Theorem In Constant Returns Production Economies," Metroeconomica, Wiley Blackwell, vol. 59(2), pages 266-275, May.
    23. Finn Christensen & Christopher Cornwell, 2016. "A Strong Correspondence Principle for Smooth, Monotone Environments," Working Papers 2016-05, Towson University, Department of Economics, revised Mar 2017.
    24. Alan Beggs, 2015. "Sensitivity Analysis of Boundary Equilibria," Economics Series Working Papers 762, University of Oxford, Department of Economics.
    25. Faruk Gul & David G. Pearce & Ennio Stacchetti, 1991. "A Bound of the Proportion of Pure Strategy Equilibria in Generic Games," Cowles Foundation Discussion Papers 981, Cowles Foundation for Research in Economics, Yale University.
    26. W D A Bryant, 2009. "General Equilibrium:Theory and Evidence," World Scientific Books, World Scientific Publishing Co. Pte. Ltd., number 6875.
    27. Saverio M. Fratini, 2019. "On The Second Stage Of The Cambridge Capital Controversy," Journal of Economic Surveys, Wiley Blackwell, vol. 33(4), pages 1073-1093, September.
    28. Beggs, A.W., 2015. "Regularity and robustness in monotone Bayesian games," Journal of Mathematical Economics, Elsevier, vol. 60(C), pages 145-158.
    29. Marcus Berliant & Fan- chin Kung, 2004. "The Indeterminacy of Equilibrium City Formation under Monopolistic Competition and Increasing Returns," Urban/Regional 0407011, University Library of Munich, Germany, revised 31 Jul 2005.
    30. Alan Beggs & A.W. Beggs, 2011. "Regularity and Stability in Monotone Bayesian Games," Economics Series Working Papers 587, University of Oxford, Department of Economics.
    31. Yves Balasko & Octavio Tourinho, 2014. "Factor proportionality in multiple households closed CGE models: theory and illustrations," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 2(2), pages 119-136, October.
    32. Galeazzo Impicciatore & Luca Panaccione & Francesco Ruscitti, 2012. "Walras’ theory of capital formation: an intertemporal equilibrium reformulation," Journal of Economics, Springer, vol. 106(2), pages 99-118, June.
    33. Bodenstein, Martin, 2011. "Closing large open economy models," Journal of International Economics, Elsevier, vol. 84(2), pages 160-177, July.
    34. Michael Zierhut, 2021. "Generic regularity of differentiated product oligopolies," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 71(1), pages 341-374, February.
    35. Paul Oslington, 2012. "General Equilibrium: Theory and Evidence," The Economic Record, The Economic Society of Australia, vol. 88(282), pages 446-448, September.

Articles

  1. Jose Asturias & Sewon Hur & Timothy J. Kehoe & Kim J. Ruhl, 2023. "Firm Entry and Exit and Aggregate Growth," American Economic Journal: Macroeconomics, American Economic Association, vol. 15(1), pages 48-105, January.
    See citations under working paper version above.
  2. Pascal Gauthier & Timothy J. Kehoe & Erwan Quintin, 2022. "Constructing pure-exchange economies with many equilibria," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 73(2), pages 541-564, April.
    See citations under working paper version above.
  3. Conesa, Juan Carlos & Kehoe, Timothy J. & Nygaard, Vegard M. & Raveendranathan, Gajendran, 2020. "Implications of increasing college attainment for aging in general equilibrium," European Economic Review, Elsevier, vol. 122(C).
    See citations under working paper version above.
  4. Conesa, Juan Carlos & Costa, Daniela & Kamali, Parisa & Kehoe, Timothy J. & Nygard, Vegard M. & Raveendranathan, Gajendran & Saxena, Akshar, 2018. "Macroeconomic effects of Medicare," The Journal of the Economics of Ageing, Elsevier, vol. 11(C), pages 27-40.
    See citations under working paper version above.
  5. Timothy J. Kehoe & Kim J. Ruhl & Joseph B. Steinberg, 2018. "Global Imbalances and Structural Change in the United States," Journal of Political Economy, University of Chicago Press, vol. 126(2), pages 761-796.
    See citations under working paper version above.
  6. Juan Carlos Conesa & Timothy J. Kehoe, 2017. "Gambling for redemption and self-fulfilling debt crises," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 64(4), pages 707-740, December.
    See citations under working paper version above.
  7. Juan C. Conesa & Timothy J. Kehoe, 2017. "Productivity, taxes, and hours worked in Spain: 1970–2015," SERIEs: Journal of the Spanish Economic Association, Springer;Spanish Economic Association, vol. 8(3), pages 201-223, August.
    See citations under working paper version above.
  8. Timothy J. Kehoe & Pau S. Pujolàs & Jack Rossbach, 2017. "Quantitative Trade Models: Developments and Challenges," Annual Review of Economics, Annual Reviews, vol. 9(1), pages 295-325, September.
    See citations under working paper version above.
  9. Kehoe, Timothy J. & Pujolàs, Pau S. & Ruhl, Kim J., 2016. "The opportunity costs of entrepreneurs in international trade," Economics Letters, Elsevier, vol. 146(C), pages 1-3.
    See citations under working paper version above.
  10. Asturias, Jose & Hur, Sewon & Kehoe, Timothy J. & Ruhl, Kim J., 2016. "The interaction and sequencing of policy reforms," Journal of Economic Dynamics and Control, Elsevier, vol. 72(C), pages 45-66.
    See citations under working paper version above.
  11. Kehoe, Timothy J. & Rossbach, Jack & Ruhl, Kim J., 2015. "Using the new products margin to predict the industry-level impact of trade reform," Journal of International Economics, Elsevier, vol. 96(2), pages 289-297.
    See citations under working paper version above.
  12. Juan Carlos Conesa & Timothy J. Kehoe, 2014. "Is It Too Late to Bail Out the Troubled Countries in the Eurozone?," American Economic Review, American Economic Association, vol. 104(5), pages 88-93, May.
    See citations under working paper version above.
  13. Timothy J. Kehoe & Kim J. Ruhl, 2013. "How Important Is the New Goods Margin in International Trade?," Journal of Political Economy, University of Chicago Press, vol. 121(2), pages 358-392.
    See citations under working paper version above.
  14. Timothy Kehoe & Felipe Meza, 2011. "Catch-up Growth Followed by Stagnation: Mexico 1950–2008," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 48(2), pages 227-268.

    Cited by:

    1. Andrés Fernández & Ayşe İmrohoroğlu & Cesar E. Tamayo, 2019. "Saving Rates in Latin America: A Neoclassical Perspective," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 67(4), pages 791-823, December.
    2. Timothy Kehoe & Sewon Hur & Kim Ruhl & Jose Asturias, 2016. "The Interaction and Sequencing of Policy Reforms," 2016 Meeting Papers 316, Society for Economic Dynamics.
    3. Roberto Chang & Andrés Fernández & Adam Gulan, 2016. "Bond Finance, Bank Credit, and Aggregate Fluctuations in an Open Economy," NBER Working Papers 22377, National Bureau of Economic Research, Inc.
    4. Daniela Costa & Timothy J. Kehoe & Gajen Raveendranathan, 2016. "The Stages of Economic Growth Revisited: Part 1: A General Framework and Taking Off into Growth," Economic Policy Paper 16-5, Federal Reserve Bank of Minneapolis.
    5. Sangeeta Pratap & Carlos Urrutia & Felipe Meza, 2014. "Credit, Misallocation and TFP: The case of Mexico (2003-2010)," 2014 Meeting Papers 701, Society for Economic Dynamics.
    6. Felipe Meza & Sangeeta Pratap & Carlos Urrutia, 2014. "Credit, Sectoral Misallocation and TFP: The Case of Mexico 2003-2010," Working Papers 1402, Centro de Investigacion Economica, ITAM.
    7. Kiyutsevskaya, Anna (Киюцевская, Анна) & Narkevich, Sergei (Наркевич, Сергей) & Trunin, Pavel (Трунин, Павел), 2016. "The Transformation of the Role and Tasks of the Central Bank (Monetary Authorities) in the Modern Economy [Трансформация Роли И Задач Центральных Банков (Монетарных Властей) В Современной Экономике," Working Papers 2136, Russian Presidential Academy of National Economy and Public Administration.
    8. De La Peña, Rogelio & García, Ignacio, 2023. "Untangling crises: GFC and COVID-19 through the lens of a DSGE model," Latin American Journal of Central Banking (previously Monetaria), Elsevier, vol. 4(2).
    9. Daniela Costa & Timothy J. Kehoe & Gajen Raveendranathan, 2016. "The Stages of Economic Growth Revisited, Part 2: Catching Up to and Joining the Economic Leader," Economic Policy Paper 16-6, Federal Reserve Bank of Minneapolis.

  15. Claustre Bajona & Timothy Kehoe, 2010. "Trade, Growth, and Convergence in a Dynamic Heckscher-Ohlin Model," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 13(3), pages 487-513, July.
    See citations under working paper version above.
  16. Timothy J. Kehoe & Kim J. Ruhl, 2010. "Why Have Economic Reforms in Mexico Not Generated Growth?," Journal of Economic Literature, American Economic Association, vol. 48(4), pages 1005-1027, December.
    See citations under working paper version above.
  17. Gonzalo Fernandez de Cordoba & Timothy J. Kehoe, 2009. "The current financial crisis: what should we learn from the great depressions of the 20th Century?," The Region, Federal Reserve Bank of Minneapolis, vol. 23(May), pages 7-39.

    Cited by:

    1. De Vroey, Michel, 2009. "El liberalismo económico y la crisis," Revista Lecturas de Economía, Universidad de Antioquia, CIE, July.
    2. Marek Lubiński, 2010. "Polityka fiskalna wobec kryzysu finansowego. Próba oceny," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 9, pages 1-23.

  18. Kehoe, Timothy J. & Ruhl, Kim J., 2009. "Sudden stops, sectoral reallocations, and the real exchange rate," Journal of Development Economics, Elsevier, vol. 89(2), pages 235-249, July.
    See citations under working paper version above.
  19. Timothy J. Kehoe & Kim J. Ruhl, 2008. "Are Shocks to the Terms of Trade Shocks to Productivity?," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 11(4), pages 804-819, October.
    See citations under working paper version above.
  20. Juan Carlos Conesa & Timothy J. Kehoe & Kim J. Ruhl, 2007. "Modeling great depressions: the depression in Finland in the 1990s," Quarterly Review, Federal Reserve Bank of Minneapolis, vol. 31(Nov), pages 16-44.
    See citations under working paper version above.
  21. Betts, Caroline M. & Kehoe, Timothy J., 2006. "U.S. real exchange rate fluctuations and relative price fluctuations," Journal of Monetary Economics, Elsevier, vol. 53(7), pages 1297-1326, October.
    See citations under working paper version above.
  22. Timothy J. Kehoe & Kim J. Ruhl, 2005. "Is Switzerland in a Great Depression?," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 8(3), pages 759-775, July.

    Cited by:

    1. International Monetary Fund, 2006. "Spain: Selected Issues," IMF Staff Country Reports 2006/213, International Monetary Fund.
    2. Timothy J. Kehoe & Kim J. Ruhl, 2008. "Are Shocks to the Terms of Trade Shocks to Productivity?," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 11(4), pages 804-819, October.
    3. Jack Rossbach, 2015. "Good Policy or Good Firms? International Competition and Aggregate Growth in a Granular World," 2015 Meeting Papers 1311, Society for Economic Dynamics.
    4. David Backus & Espen Henriksen & Frederic Lambert & Christopher Telmer, 2009. "Current Account Fact and Fiction," NBER Working Papers 15525, National Bureau of Economic Research, Inc.
    5. Franck Portier, 2008. "Interprétation d’épisodes historiques à l’aide de modèles dynamiques stochastiques d’équilibre général," Économie et Prévision, Programme National Persée, vol. 185(4), pages 33-46.
    6. Robert C. Feenstra & Robert Inklaar & Marcel Timmer, 2013. "The Next Generation of the Penn World Table," NBER Working Papers 19255, National Bureau of Economic Research, Inc.
    7. Dr. Yannic Stucki & Dr. Jacqueline Thomet, 2020. "A neoclassical perspective on Switzerland's 1990s stagnation," Working Papers 2020-22, Swiss National Bank.
    8. Stefan Leist, 2013. "Driving Forces of the Swiss Output Gap," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 149(IV), pages 493-531, December.
    9. Hartwig Jochen, 2006. "Messprobleme bei der Ermittlung des Wachstums der Arbeitsproduktivität - dargestellt anhand eines Vergleichs der Schweiz mit den USA / Measurement Problems with Respect to Labour Productivity Growth -," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 226(4), pages 418-435, August.
    10. Jalil, Muaz, 2009. "Measuring Switzerland's Productivity Performance (1960-2008)," MPRA Paper 65321, University Library of Munich, Germany.
    11. Michael Siegenthaler, 2015. "Has Switzerland Really Been Marked by Low Productivity Growth? Hours Worked and Labor Productivity in Switzerland in a Long-run Perspective," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 61(2), pages 353-372, June.

  23. Raphael Bergoeing & Timothy J. Kehoe & Vanessa Strauss-Kahn & Kei-Mu Yi, 2004. "Why Is Manufacturing Trade Rising Even as Manufacturing Output is Falling?," American Economic Review, American Economic Association, vol. 94(2), pages 134-138, May.
    See citations under working paper version above.
  24. Timothy J. Kehoe, 2003. "What Can We Learn from the Current Crisis in Argentina?," Scottish Journal of Political Economy, Scottish Economic Society, vol. 50(5), pages 609-633, November.
    See citations under working paper version above.
  25. Timothy Kehoe & Kim Ruhl, 2003. "Recent great depressions: Aggregate growth in New Zealand and Switzerland, 1973-2000," New Zealand Economic Papers, Taylor & Francis Journals, vol. 37(1), pages 5-40.

    Cited by:

    1. Aleksandar Zdravkov Vasilev, 2009. "Business cycles in Bulgaria and the Baltic countries: an RBC approach," International Journal of Computational Economics and Econometrics, Inderscience Enterprises Ltd, vol. 1(2), pages 148-170.
    2. Amartya Lahiri & Kei-Mu Yi, 2006. "A tale of two states: Maharashtra and West Bengal," Working Papers 06-16, Federal Reserve Bank of Philadelphia.
    3. Suparna Chakraborty, 2008. "Indian Economic Growth: Lessons for the Emerging Economies," WIDER Working Paper Series RP2008-67, World Institute for Development Economic Research (UNU-WIDER).
    4. Franck Portier, 2008. "Interprétation d’épisodes historiques à l’aide de modèles dynamiques stochastiques d’équilibre général," Économie et Prévision, Programme National Persée, vol. 185(4), pages 33-46.
    5. Deniz Cicek & Ceyhun Elgin, 2010. "Not-Quite-Great Depressions of Turkey: A Quantitative Analysis of Economic Growth over 1968 - 2004," Working Papers 2010/07, Bogazici University, Department of Economics.
    6. Dr. Yannic Stucki & Dr. Jacqueline Thomet, 2020. "A neoclassical perspective on Switzerland's 1990s stagnation," Working Papers 2020-22, Swiss National Bank.
    7. Hazledine, Tim & Quiggin, John, 2005. "No more free beer tomorrow? Economic policy and outcomes in Australia and New Zealand 1984-2003," Risk and Sustainable Management Group Working Papers 151509, University of Queensland, School of Economics.
    8. Debasis Bandyopadhyay, 2004. "Why haven't economic reforms increased productivity growth in New Zealand?," New Zealand Economic Papers, Taylor & Francis Journals, vol. 38(2), pages 219-240.
    9. Betts, Caroline, 2021. "How many (more) lost decades? The great productivity slowdown in Japan," MPRA Paper 106503, University Library of Munich, Germany.
    10. Jalil, Muaz, 2009. "Measuring Switzerland's Productivity Performance (1960-2008)," MPRA Paper 65321, University Library of Munich, Germany.
    11. Michael Siegenthaler, 2015. "Has Switzerland Really Been Marked by Low Productivity Growth? Hours Worked and Labor Productivity in Switzerland in a Long-run Perspective," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 61(2), pages 353-372, June.
    12. Mr. Ales Bulir & Alma Romero-Barrutieta & Jose Daniel Rodríguez-Delgado, 2011. "The Dynamic Implications of Debt Relief for Low-Income Countries," IMF Working Papers 2011/157, International Monetary Fund.
    13. Timothy J. Kehoe & Kim J. Ruhl, 2005. "Is Switzerland in a Great Depression?," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 8(3), pages 759-775, July.

  26. Kehoe, Timothy J. & Levine, David K. & Prescott, Edward C., 2002. "Lotteries, Sunspots, and Incentive Constraints," Journal of Economic Theory, Elsevier, vol. 107(1), pages 39-69, November.
    See citations under working paper version above.
  27. Raphael Bergoeing & Patrick J. Kehoe & Timothy J. Kehoe & Raimundo Soto, 2002. "Policy-Driven Productivity in Chile and Mexico in the 1980's and 1990's," American Economic Review, American Economic Association, vol. 92(2), pages 16-21, May.
    See citations under working paper version above.
  28. Timothy J. Kehoe & Edward C. Prescott, 2002. "Great Depressions of the Twentieth Century," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 5(1), pages 1-18, January.
    See citations under working paper version above.
  29. Raphael Bergoeing & Patrick J. Kehoe & Timothy J. Kehoe & Raimundo Soto, 2002. "A Decade Lost and Found: Mexico and Chile in the 1980s," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 5(1), pages 166-205, January.
    See citations under working paper version above.
  30. Raphael Bergoeing & Patrick J. Kehoe & Timothy J. Kehoe & Raimundo Soto, 2002. "Decades lost and found: Mexico and Chile since 1980," Quarterly Review, Federal Reserve Bank of Minneapolis, vol. 26(Win), pages 3-30.

    Cited by:

    1. Pratap, Sangeeta & Urrutia, Carlos, 2004. "Firm dynamics, investment and debt portfolio: balance sheet effects of the Mexican crisis of 1994," Journal of Development Economics, Elsevier, vol. 75(2), pages 535-563, December.
    2. Timothy Kehoe & Felipe Meza, 2011. "Catch-up Growth Followed by Stagnation: Mexico 1950–2008," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 48(2), pages 227-268.
    3. Peter Skott & Leopoldo Gomez-Ramirez, 2017. "Credit Constraints and Economic Growth in a Dual Economy," UMASS Amherst Economics Working Papers 2017-13, University of Massachusetts Amherst, Department of Economics.
    4. David Coble & Sebastián Faúndez, 2015. "The Labor Wedge and Business Cycle in Chile," Working Papers Central Bank of Chile 758, Central Bank of Chile.
    5. Andrés Fernández & Ayşe İmrohoroğlu & Cesar E. Tamayo, 2019. "Saving Rates in Latin America: A Neoclassical Perspective," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 67(4), pages 791-823, December.
    6. Héctor Salgado Banda & Lorenzo Bernal Verdugo, 2011. "Multifactor productivity and its determinants: an empirical analysis for Mexican manufacturing," Journal of Productivity Analysis, Springer, vol. 36(3), pages 293-308, December.
    7. Aleksandar Zdravkov Vasilev, 2009. "Business cycles in Bulgaria and the Baltic countries: an RBC approach," International Journal of Computational Economics and Econometrics, Inderscience Enterprises Ltd, vol. 1(2), pages 148-170.
    8. Cristina Arellano & Yan Bai & Gabriel P. Mihalache, 2020. "Deadly Debt Crises: COVID-19 in Emerging Markets," NBER Working Papers 27275, National Bureau of Economic Research, Inc.
    9. Diego Restuccia, 2008. "The Latin American Development Problem," Working Papers tecipa-318, University of Toronto, Department of Economics.
    10. Bety Agnany & Amaia Iza, 2008. "Growth in an oil abundant economy: The case of Venezuela," ThE Papers 08/18, Department of Economic Theory and Economic History of the University of Granada..
    11. Laurence Ales & Pricila Maziero & Pierre Yared, 2012. "A Theory of Political and Economic Cycles," NBER Working Papers 18354, National Bureau of Economic Research, Inc.
    12. Bahadir, Berrak & Gumus, Inci, 2016. "Credit decomposition and business cycles in emerging market economies," Journal of International Economics, Elsevier, vol. 103(C), pages 250-262.
    13. Pratap, Sangeeta & Quintin, Erwan, 2011. "Financial crises and labor market turbulence," Journal of Monetary Economics, Elsevier, vol. 58(6), pages 601-615.
    14. Rodríguez-Castelán, Carlos & López-Calva, Luis Felipe & Barriga-Cabanillas, Oscar, 2023. "Market concentration, trade exposure, and firm productivity in developing countries: Evidence from Mexico," World Development, Elsevier, vol. 165(C).
    15. Timothy J. Kehoe, 2003. "What can we learn from the current crisis in Argentina?," Staff Report 318, Federal Reserve Bank of Minneapolis.
    16. Hyeok Jeong & Robert M. Townsend, 2005. "Sources of TFP Growth: Occupational Choice and Financial Deepening," IEPR Working Papers 05.28, Institute of Economic Policy Research (IEPR), revised May 2005.
    17. Agnani, Betty & Iza Padilla, María Amaya, 2005. "Growth in an oil abundant economy: The case of Venezuela," DFAEII Working Papers 1988-088X, University of the Basque Country - Department of Foundations of Economic Analysis II.
    18. López, José Joaquín, 2017. "Financial frictions and productivity: Evidence from Mexico," The Quarterly Review of Economics and Finance, Elsevier, vol. 66(C), pages 294-301.
    19. Seoane, Hernán D., 2016. "Parameter drifts, misspecification and the real exchange rate in emerging countries," Journal of International Economics, Elsevier, vol. 98(C), pages 204-215.
    20. Kathleen McKiernan, 2021. "Social Security Reform in the Presence of Informality," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 40, pages 228-251, April.
    21. Deniz Cicek & Ceyhun Elgin, 2010. "Not-Quite-Great Depressions of Turkey: A Quantitative Analysis of Economic Growth over 1968 - 2004," Working Papers 2010/07, Bogazici University, Department of Economics.
    22. Max Gillman & Michal Kejak & Michal Pakos, 2014. "Learning about Rare Disasters: Implications for Consumptions and Asset Prices," CEU Working Papers 2014_2, Department of Economics, Central European University.
    23. Anurag K. Agarwal & Abhiman Das & Joshy Jacob & Sanket Mohapatra, 2020. "Introduction to the Special Issue on ‘Financial Distress, Bankruptcy, and Corporate Finance’," Vikalpa: The Journal for Decision Makers, , vol. 45(2), pages 61-68, June.
    24. Thanh Cong Nguyen & Vítor Castro & Justine Wood, 2022. "Political economy of financial crisis duration," Public Choice, Springer, vol. 192(3), pages 309-330, September.
    25. Timothy J. Kehoe & Felipe Meza, 2011. "Catch-up Growth Followed by Stagnation: Mexico, 1950-2010," NBER Working Papers 17700, National Bureau of Economic Research, Inc.
    26. Jahangir Aziz, 2008. "Deconstructing China’s and India’s Growth - The Role of Financial Policies," Macroeconomics Working Papers 22142, East Asian Bureau of Economic Research.
    27. Felipe Meza, 2008. "Financial Crisis, Fiscal Policy, and the 1995 GDP Contraction in Mexico," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 40(6), pages 1239-1261, September.
    28. Felipe Meza & Carlos Urrutia, 2008. "Great Appreciations: Accounting for the Real Exchange Rate in Mexico, 1988-2002," Working Papers 0807, Centro de Investigacion Economica, ITAM.
    29. Gopalakrishnan, Balagopal & Mohapatra, Sanket, 2019. "Insolvency Regimes and Firms' Default Risk Under Economic Uncertainty and Shocks," MPRA Paper 96283, University Library of Munich, Germany.
    30. Debasis Bandyopadhyay, 2004. "Why haven't economic reforms increased productivity growth in New Zealand?," New Zealand Economic Papers, Taylor & Francis Journals, vol. 38(2), pages 219-240.
    31. Sangeeta Pratap & Carlos Urrutia, 2010. "Financial Frictions and Total Factor Productivity: Accounting for the Real Effects of Financial Crises," Economics Working Paper Archive at Hunter College 429, Hunter College Department of Economics.
    32. Berrak Bahadir & Inci Gumus, 2021. "Transmission of Household and Business Credit Shocks in Emerging Markets: The Role of Real Estate," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 49(S2), pages 587-617, September.
    33. Felipe Meza & Erwan Quintin, 2005. "Financial Crises and Total Factor Productivity: The Mexican Case," 2005 Meeting Papers 478, Society for Economic Dynamics.
    34. Converse, Nathan, 2018. "Uncertainty, capital flows, and maturity mismatch," Journal of International Money and Finance, Elsevier, vol. 88(C), pages 260-275.
    35. Miguel Angel Santos, 2015. "The Right Fit for the Wrong Reasons: Real Business Cycle in an Oil-Dependent Economy," CID Working Papers 64, Center for International Development at Harvard University.
    36. Miguel Angel, 2023. "Differences in the labor market by gender and aggregate income," Sobre México. Revista de Economía, Sobre México. Temas en economía, vol. 1(7), pages 84-114.
    37. López, José Joaquín, 2017. "A quantitative theory of tax evasion," Journal of Macroeconomics, Elsevier, vol. 53(C), pages 107-126.
    38. Jose De Gregorio, 2004. "Economic Growth in Chile: Evidence, Sources and Prospects," Working Papers Central Bank of Chile 298, Central Bank of Chile.
    39. Maria Bejan, 2011. "Trade Agreements and International Comovements: the Case of NAFTA (North American Free Trade Agreement)," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 14(4), pages 667-685, October.
    40. Stylianos G. Gogos & Dimitris Papageorgiou & Vanghelis Vassilatos, 2018. "Rent seeking activities and aggregate economic performance - the case of Greece," Working Papers 252, Bank of Greece.
    41. Daniel Ventosa‐Santaulària & Luis G. Hernández‐Román & Alejandro Villagómez Amezcua, 2021. "Recessions and potential GDP: The case of Mexico," Bulletin of Economic Research, Wiley Blackwell, vol. 73(2), pages 179-195, April.
    42. Liaila Tajibaeva, 2012. "Property Rights, Renewable Resources and Economic Development," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 51(1), pages 23-41, January.
    43. Eduardo L. Giménez & María Montero, 2012. "The Great Depression in Spain," Documentos de trabajo - Analise Economica 0048, IDEGA - Instituto Universitario de Estudios e Desenvolvemento de Galicia.
    44. Enrique G. Mendoza, 2005. "Sudden Stops in an Equilibrium Business Cycle Model with Credit Constraints: A Fisherian Deflation of Tobin's Q," 2005 Meeting Papers 307, Society for Economic Dynamics.
    45. Rodolfo E. Manuelli & Ananth Seshadri, 2010. "East Asia vs. Latin America: TFP and Human Capital Policies," Working Papers 2011-010, Human Capital and Economic Opportunity Working Group.

  31. Kehoe, Timothy J & Levine, David K, 2001. "Liquidity Constrained Markets versus Debt Constrained Markets," Econometrica, Econometric Society, vol. 69(3), pages 575-598, May.

    Cited by:

    1. Díaz, Antonia & Perera-Tallo, Fernando, 2011. "Credit and inflation under borrowerʼs lack of commitment," Journal of Economic Theory, Elsevier, vol. 146(5), pages 1888-1914, September.
    2. Dirk Krueger & Fabrizio Perri, 2002. "Does Income Inequality Lead to Consumption Inequality? Evidence and Theory," NBER Working Papers 9202, National Bureau of Economic Research, Inc.
    3. Xavier Ragot & Edouard Challe, 2011. "Fiscal Policy in a Tractable Liquidity-Constrained Economy," Post-Print halshs-00654650, HAL.
    4. cho, hyejin, 2016. "Economics of Regulation: Credit Rationing and Excess Liquidity," MPRA Paper 75775, University Library of Munich, Germany.
    5. Xavier Ragot, 2005. "The real effect of inflation in liquidity constrained models," Working Papers halshs-00590556, HAL.
    6. Orazio Attanasio & Nicola Pavoni, 2008. "Risk Sharing in Private Information Models with Asset Accumulation: Explaining the Excess Smoothness of Consumption," Carlo Alberto Notebooks 103, Collegio Carlo Alberto.
    7. Juan-Carlos Cordoba, 2004. "Debt-Constraints or Incomplete Markets? A Decomposition of the Wealth and Consumption Inequality in the U.S," Macroeconomics 0404004, University Library of Munich, Germany.
    8. Dirk Krueger & Harald Uhlig, 2003. "Competitive Risk Sharing Contracts with One-Sided Commitment," Levine's Bibliography 666156000000000407, UCLA Department of Economics.
    9. Bidian, Florin, 2016. "Robust bubbles with mild penalties for default," Journal of Mathematical Economics, Elsevier, vol. 65(C), pages 141-153.
    10. Reichlin, Pietro & Bloise, Gaetano & Tirelli, Mario, 2009. "Indeterminacy of Competitive Equilibrium with Risk of Default," CEPR Discussion Papers 7477, C.E.P.R. Discussion Papers.
    11. Timothy J Kehoe & David K Levine, 2006. "Bankruptcy and Collateral in Debt Constrained Models," Levine's Working Paper Archive 784828000000000698, David K. Levine.
    12. Challe, E. & Le Grand, F. & Ragot, X., 2010. "Incomplete markets, liquidation risk, and the term structure of interest rates," Working papers 301, Banque de France.
    13. Hyejin Cho, 2017. "Economics Of Regulation: Credit Rationing And Excess Liquidity," Post-Print hal-01375423, HAL.
    14. Yann Algan & Edouard Challe & Xavier Ragot, 2008. "Incomplete Markets and the Output-inflation Tradeoff," Sciences Po publications 2006 - 45, Sciences Po.
    15. Aleksander Berentsen & Christopher Waller, 2010. "Outside versus Inside Bonds: A Modigliani-Miller Type Result for Liquidity Constrained Economies," CESifo Working Paper Series 3272, CESifo.
    16. Costas Azariadis & Leo Kaas, 2012. "Endogenous Credit Limits with Small Default Costs," Working Paper Series of the Department of Economics, University of Konstanz 2012-17, Department of Economics, University of Konstanz.
    17. Antinolfi, Gaetano & Prasad, Suraj, 2008. "Commitment, banks and markets," Journal of Monetary Economics, Elsevier, vol. 55(2), pages 265-277, March.
    18. Kehoe, Timothy J. & Levine, David K. & Prescott, Edward C., 2002. "Lotteries, Sunspots, and Incentive Constraints," Journal of Economic Theory, Elsevier, vol. 107(1), pages 39-69, November.
    19. Borys Grochulski, 2008. "Optimal personal bankruptcy design : A Mirrlees approach," Working Paper 08-05, Federal Reserve Bank of Richmond.
    20. Michele Boldrin & Ana Montes, 2004. "The intergenerational state: education and pensions," Staff Report 336, Federal Reserve Bank of Minneapolis.
    21. Jose Angelo Divino & Edna Souza Lima & Jaime Orrillo, 2013. "Interest rates and default in unsecured loan markets," Quantitative Finance, Taylor & Francis Journals, vol. 13(12), pages 1925-1934, December.
    22. Destrée, Nicolas & Gente, Karine & Nourry, Carine, 2021. "Migration, remittances and accumulation of human capital with endogenous debt constraints," Mathematical Social Sciences, Elsevier, vol. 112(C), pages 38-60.
    23. Díaz, Julián P., 2012. "Can enforcement constraints explain the patterns of capital flows after financial liberalizations?," Journal of International Money and Finance, Elsevier, vol. 31(5), pages 1180-1194.
    24. Krueger, Dirk & Perri, Fabrizio, 2011. "Public versus private risk sharing," Journal of Economic Theory, Elsevier, vol. 146(3), pages 920-956, May.
    25. Lopes, Paula, 2003. "Credit card debt and default over the life-cycle," LSE Research Online Documents on Economics 24869, London School of Economics and Political Science, LSE Library.
    26. Yann Algan & Xavier Ragot, 2010. "Monetary Policy with Heterogeneous Agents and Borrowing Constraints," Sciences Po publications info:hdl:2441/3ao9avev669, Sciences Po.
    27. Yann Algan & Xavier Ragot, 2006. "Monetary Policy with Heterogeneous Agents and Credit Constraints," Computing in Economics and Finance 2006 292, Society for Computational Economics.
    28. Yi Wen & Leo Kaas & Costas Azariadis, 2014. "Self-Fulfilling Credit Cycles," 2014 Meeting Papers 1169, Society for Economic Dynamics.
    29. Manuel S. Santos & Adrian Peralta-Alva, 2012. "Analysis of Numerical Errors," Working Papers 2012-6, University of Miami, Department of Economics.
    30. Chao Gu & Randall Wright, 2011. "Endogenous credit cycles," Working Papers 689, Federal Reserve Bank of Minneapolis.
    31. Andrei A. Levchenko, 2005. "Financial Liberalization and Consumption Volatility in Developing Countries," IMF Staff Papers, Palgrave Macmillan, vol. 52(2), pages 237-259, September.
    32. Victor Filipe Martins da Rocha & Yiannis Vailakis, 2015. "Constrained Efficiency Without Commitment," Post-Print hal-01097121, HAL.
    33. Hye-Jin Cho, 2019. "Market Imperfection: Credit Rationing and Excess Liquidity," Working Papers hal-02266107, HAL.
    34. Burcu Duygan-Bump & Charles Grant, 2008. "Household debt repayment behaviour: what role do institutions play?," Supervisory Research and Analysis Working Papers QAU08-3, Federal Reserve Bank of Boston.
    35. Richard Disney & Sarah Bridges & John Gathergood, 2010. "House Price Shocks and Household Indebtedness in the United Kingdom," Economica, London School of Economics and Political Science, vol. 77(307), pages 472-496, July.
    36. Gaetano Bloise & Pietro Reichlin & Mario Tirelli, 2013. "Fragility of Competitive Equilibrium with Risk of Default," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 16(2), pages 271-295, April.
    37. Cyril Monnet & Erwan Quintin, 2018. "Optimal Exclusion," 2018 Meeting Papers 181, Society for Economic Dynamics.
    38. Victor Filipe Martins da Rocha & Yiannis Vailakis, 2012. "Endogenous debt constraints in collateralized economies with default penalties," Post-Print hal-00664551, HAL.
    39. Bejan, Camelia & Bidian, Florin, 2010. "Limited enforcement, bubbles and trading in incomplete markets," MPRA Paper 36819, University Library of Munich, Germany, revised 20 Feb 2012.
    40. Patrick J. Kehoe & Fabrizio Perri, 2003. "Competitive equilibria with limited enforcement," Staff Report 307, Federal Reserve Bank of Minneapolis.
    41. Acemoglu, Daron & Golosov, Mikhail & Tsyvinski, Aleh, 2008. "Markets versus governments," Journal of Monetary Economics, Elsevier, vol. 55(1), pages 159-189, January.
    42. Chao Gu & Fabrizio Mattesini & Randall Wright, 2016. "Money and Credit Redux," Econometrica, Econometric Society, vol. 84, pages 1-32, January.
    43. Winfried Koeniger & Thomas Hintermaier, 2009. "Bankruptcy and Debt Portfolios," 2009 Meeting Papers 348, Society for Economic Dynamics.
    44. Finn E. Kydland, 2006. "Quantitative Aggregate Economics," American Economic Review, American Economic Association, vol. 96(5), pages 1373-1383, December.
    45. Fernando Perera-Tallo & Antonia Diaz, 2007. "Credit and Inflation under Borrowers' Lack of Commitment," 2007 Meeting Papers 429, Society for Economic Dynamics.
    46. Edouard Challe & Xavier Ragot, 2007. "Public spending shocks in a liquidity-constrained economy," Working Papers halshs-00587686, HAL.
    47. Cordoba, Juan Carlos, 2010. "US Inequality: Debt Constraints or Incomplete Asset Markets?," Staff General Research Papers Archive 32120, Iowa State University, Department of Economics.
    48. Igor Makarov & Guillaume Plantin, 2013. "Equilibrium Subprime Lending," Journal of Finance, American Finance Association, vol. 68(3), pages 849-879, June.
    49. Bloise, G. & Citanna, A., 2019. "Asset shortages, liquidity and speculative bubbles," Journal of Economic Theory, Elsevier, vol. 183(C), pages 952-990.
    50. Koeppl Thorsten V., 2006. "Differentiability of the Efficient Frontier when Commitment to Risk Sharing is Limited," The B.E. Journal of Macroeconomics, De Gruyter, vol. 6(1), pages 1-6, April.
    51. Tobias Broer, 2013. "The Wrong Shape of Insurance? What Cross-Sectional Distributions Tell Us about Models of Consumption Smoothing," American Economic Journal: Macroeconomics, American Economic Association, vol. 5(4), pages 107-140, October.
    52. Juan Rojas & Carlos Urrutia, 2004. "Social Security Reform with Uninsurable Income Risk and Endogenous Borrowing Constraints," Macroeconomics 0410010, University Library of Munich, Germany.
    53. Costas Azariadis, 2018. "Credit Cycles and Business Cycles," Review, Federal Reserve Bank of St. Louis, vol. 100(1).
    54. Patrick J. Kehoe & Fabrizio Perri, 2000. "International Business Cycles with Endogenous Incomplete Markets," NBER Working Papers 7870, National Bureau of Economic Research, Inc.
    55. S. Viswanathan & Adriano A. Rampini, 2008. "Collateral, Financial Intermediation, and the Distribution of Debt Capacity," 2008 Meeting Papers 116, Society for Economic Dynamics.
    56. Emil Iantchev, 2013. "Asset-Pricing Implications of Biologically Based Non-Expected Utility," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 16(3), pages 497-510, July.
    57. Paula Lopes, 2008. "Credit Card Debt and Default over the Life Cycle," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 40(4), pages 769-790, June.
    58. Aleksander Berentsen & Christopher Waller, 2008. "Outside Versus Inside Bonds," IEW - Working Papers 372, Institute for Empirical Research in Economics - University of Zurich.
    59. Finn E. Kydland & Carlos E. Zarazaga, 2003. "Argentina's lost decade and subsequent recovery: hits and misses of the neoclassical growth model," Center for Latin America Working Papers 0403, Federal Reserve Bank of Dallas.
    60. Francesco Lancia & Alessia Russo, 2013. "A Dynamic Politico-Economic Model of Intergenerational contracts," Vienna Economics Papers vie1304, University of Vienna, Department of Economics.
    61. Sébastien Lotz & Cathy Zhang, 2016. "Money and credit as means of payment: A new monetarist approach," Post-Print hal-04149261, HAL.
    62. Yili Chien & Junsang Lee, 2006. "Why Tax Capital?," 2006 Meeting Papers 492, Society for Economic Dynamics.
    63. Sigrid Röhrs & Christoph Winter, 2011. "Wealth inequality and the optimal level of government debt," ECON - Working Papers 051, Department of Economics - University of Zurich.
    64. Facundo Piguillem & Anderson Schneider, 2013. "Heterogeneous Labor Skills, The Median Voter and Labor Taxes," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 16(2), pages 332-349, April.
    65. Krueger, Dirk & Cole, Harold & Mailath, George J. & Park, Yena, 2020. "Trust in Risk Sharing: A Double-Edged Sword," CEPR Discussion Papers 14333, C.E.P.R. Discussion Papers.
    66. Christine Hauser & Gokce Uysal, 2006. "On the Provision of Public Goods in Dynamic Contracts: Lack of Commitment," 2006 Meeting Papers 860, Society for Economic Dynamics.
    67. Roberto Piazza, 2014. "Growth and Crisis, Unavoidable Connection?," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 17(4), pages 677-706, October.
    68. Yan Liu & Ramon Marimon & Adrien Wicht, 2022. "Making Sovereign Debt Safe with a Financial Stability Fund," Working Papers 1331, Barcelona School of Economics.
    69. Röhrs, Sigrid & Winter, Christoph, 2015. "Public versus private provision of liquidity: Is there a trade-off?," Journal of Economic Dynamics and Control, Elsevier, vol. 53(C), pages 314-339.
    70. Yu Zhu & Randall Wright & Chao He, 2013. "Housing and Liquidity," 2013 Meeting Papers 168, Society for Economic Dynamics.
    71. Orrillo, Jaime & Filho, Jolive de Santana Filho, 2020. "Existence and Non-Triviality of Equilibria in Economies with Default and Government," Brazilian Review of Econometrics, Sociedade Brasileira de Econometria - SBE, vol. 39(2), March.
    72. Broer, Tobias, 2014. "Domestic or global imbalances? Rising income risk and the fall in the US current account," Journal of Monetary Economics, Elsevier, vol. 64(C), pages 47-67.
    73. Bidian, Florin & Bejan, Camelia, 2011. "Martingale properties of self-enforcing debt," MPRA Paper 36609, University Library of Munich, Germany, revised 12 Feb 2012.
    74. Yi Wen, 2013. "Evaluating unconventional monetary policies -why aren’t they more effective?," Working Papers 2013-028, Federal Reserve Bank of St. Louis.
    75. Christopher Waller & Aleksander Berentsen, 2007. "The Societal Benefits of Outside versus Inside Bonds," 2007 Meeting Papers 110, Society for Economic Dynamics.
    76. GOTTARDI, Piero & KUBLER, Felix, 2012. "Dynamic Competitive Economies with Complete Markets and Collateral Constraints," Economics Working Papers ECO2012/17, European University Institute.
    77. Eduardo Davila & Thomas Philippon, 2018. "Incompleteness Shocks," 2018 Meeting Papers 109, Society for Economic Dynamics.
    78. Paula Lopes, 2003. "Credit Card Debt and Default over the Life-Cycle," FMG Discussion Papers dp470, Financial Markets Group.
    79. Zachary Bethune & Guillaume Rocheteau & Peter Rupert, 2015. "Aggregate Unemployment and Household Unsecured Debt," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 18(1), pages 77-100, January.
    80. Dirk Krueger & Harald Uhlig, 2022. "Neoclassical Growth with Long-Term One-Sided Commitment Contracts," NBER Working Papers 30518, National Bureau of Economic Research, Inc.
    81. Azariadis, Costas & Kaas, Leo, 2007. "Asset price fluctuations without aggregate shocks," Journal of Economic Theory, Elsevier, vol. 136(1), pages 126-143, September.
    82. Suzuki, Shiba, 2018. "Inequality and asset fire sales," MPRA Paper 90906, University Library of Munich, Germany.
    83. Dirk Krueger, 2006. "Public Insurance against Idiosyncratic and Aggregate Risk: The Case of Social Security and Progressive Income Taxation," CESifo Economic Studies, CESifo Group, vol. 52(4), pages 587-620, December.
    84. Igor Livshits, 2015. "Recent Developments In Consumer Credit And Default Literature," Journal of Economic Surveys, Wiley Blackwell, vol. 29(4), pages 594-613, September.
    85. Park, Hyejin & Kahn, Charles M., 2019. "Collateral, rehypothecation, and efficiency," Journal of Financial Intermediation, Elsevier, vol. 39(C), pages 34-46.
    86. David Andolfatto, 2000. "A Theory of Inalienable Property Rights," Cahiers de recherche CREFE / CREFE Working Papers 110, CREFE, Université du Québec à Montréal.
    87. Finn E. Kydland & Carlos E. Zarazaga, 2004. "Argentina's capital gap puzzle," Center for Latin America Working Papers 0504, Federal Reserve Bank of Dallas.
    88. Almuth Scholl, 2006. "Aid Effectiveness and Limited Enforceable Conditionality," 2006 Meeting Papers 292, Society for Economic Dynamics.
    89. Pavan, Marina, 2008. "Consumer durables and risky borrowing: The effects of bankruptcy protection," Journal of Monetary Economics, Elsevier, vol. 55(8), pages 1441-1456, November.
    90. Yili Chien & Junsang Lee, 2009. "Optimal capital taxation under limited commitment," CAMA Working Papers 2009-06, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    91. Hye-Jin Cho, 2016. "Economics of Regulation: Credit Rationing and Excess Liquidity," Documents de travail du Centre d'Economie de la Sorbonne 16075, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
    92. Hye-Jin Cho, 2016. "Economics of Regulation: Credit Rationing and Excess Liquidity," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-01400251, HAL.
    93. Almuth Scholl, 2002. "Limited Enforceable International Loans, International Risk Sharing and Trade," SFB 649 Discussion Papers SFB649DP2005-055, Sonderforschungsbereich 649, Humboldt University, Berlin, Germany, revised Aug 2005.
    94. Pamela Labadie, 2007. "Anonymity and Individual Risk," 2007 Meeting Papers 637, Society for Economic Dynamics.
    95. Martins-da-Rocha, Victor Filipe & Vailakis, Yiannis, 2010. "Competitive equilibria in infinite-horizon collateralized economies with default penalties," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 703, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    96. Alejandro Guerson, 2006. "Fiscal Policy for Good: Reducing Macroeconomic Volatility in Uruguay," EcoMod2006 272100035, EcoMod.
    97. McKee, Gregory J. & Shaik, Saleem & Boland, Michael A., 2009. "Role of Financial Variables in Explaining the Profitability of North Dakota Farm Supply and Grain Marketing Cooperatives," Journal of Rural Cooperation, Hebrew University, Center for Agricultural Economic Research, vol. 37(2), pages 1-12.
    98. Edouard Challe & François Le Grand & Xavier Ragot, 2013. "Incomplete markets, liquidation risk, and the term structure of interest rates," PSE - Labex "OSE-Ouvrir la Science Economique" halshs-00944920, HAL.
    99. Grey Gordon, 2014. "Optimal Bankruptcy Code: A Fresh Start for Some," CAEPR Working Papers 2014-002, Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington.
    100. Matthias Kredler & Daniel Barczyk, 2012. "Inequality and Asset Prices," 2012 Meeting Papers 929, Society for Economic Dynamics.
    101. de Ferra, Sergio & Romei, Federica & Mitman, Kurt, 2021. "Why Does Capital Flow from Equal to Unequal Countries?," CEPR Discussion Papers 15647, C.E.P.R. Discussion Papers.
    102. Anne-Marie Rieu-Foucault, 2017. "Point sur la fourniture de liquidié publique," Working Papers hal-04141643, HAL.
    103. Richard Disney & Sarah Bridges & John Gathergood, 2006. "Housing Wealth and Household Indebtedness: Is there a Household 'Financial Accelerator'?," Working Papers 2006/12, Czech National Bank.
    104. Mateos-Planas, Xavier & Seccia, Giulio, 2006. "Welfare implications of endogenous credit limits with bankruptcy," Journal of Economic Dynamics and Control, Elsevier, vol. 30(11), pages 2081-2115, November.
    105. Venky Venkateswaran & Randall Wright, 2013. "Pledgability and Liquidity: A New Monetarist Model of Financial and Macroeconomic Activity," NBER Chapters, in: NBER Macroeconomics Annual 2013, Volume 28, pages 227-270, National Bureau of Economic Research, Inc.
    106. Xavier Mateos-Planas, 2011. "Consumer default with complete markets," 2011 Meeting Papers 954, Society for Economic Dynamics.
    107. Bishnu, Monisankar, 2010. "Essays on optimal allocation of resources by governments," ISU General Staff Papers 201001010800002441, Iowa State University, Department of Economics.
    108. Oleg Itskhoki & Benjamin Moll, 2019. "Optimal Development Policies With Financial Frictions," Econometrica, Econometric Society, vol. 87(1), pages 139-173, January.
    109. V. Filipe Martins-Da-Rocha & Toan Phan & Yiannis Vailakis, 2022. "Pecuniary Externalities in Competitive Economies with Limited Pledgeability," Working Papers hal-03909596, HAL.
    110. Edouard Challe & Xavier Ragot, 2011. "Fiscal policy in a tractable liquidity - constrained economy: Constrained economy," Sciences Po publications info:hdl:2441/mlhspkkq98o, Sciences Po.
    111. Ani Guerdjikova & John Quiggin, 2019. "Market Selection With Differential Financial Constraints," Post-Print hal-02324713, HAL.
    112. Andolfatto, David & Gervais, Martin, 2008. "Endogenous debt constraints in a life-cycle model with an application to social security," Journal of Economic Dynamics and Control, Elsevier, vol. 32(12), pages 3745-3759, December.
    113. Hye-Jin Cho, 2016. "Economics of Regulation: Credit Rationing and Excess Liquidity," Post-Print halshs-01400251, HAL.
    114. Bloise, Gaetano & Polemarchakis, Herakles & Vailakis, Yiannis, 2018. "Sustainable Debt," CRETA Online Discussion Paper Series 45, Centre for Research in Economic Theory and its Applications CRETA.
    115. Tom Krebs, 2002. "Non-Existence of Recursive Equilibria on Compact State Spaces When Markets are Incomplete," Working Papers 2002-17, Brown University, Department of Economics.
    116. Pierre M. Picard & Tim Worrall, 2015. "Currency Areas and Voluntary Transfers," DEM Discussion Paper Series 15-12, Department of Economics at the University of Luxembourg.
    117. Liu, Yan & Marimon, Ramon & Wicht, Adrien, 2023. "Making sovereign debt safe with a financial stability fund," Journal of International Economics, Elsevier, vol. 145(C).
    118. Giovanni Callegari & Ramon Marimon & Adrien Wicht & Luca Zavalloni, 2023. "On a Lender of Last Resort with a Central Bank and a Stability Fund," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 50, pages 106-130, October.
    119. Xavier Mateos-Planas & Giulio Seccia, 2014. "Consumer default with complete markets: default-based pricing and finite punishment," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 56(3), pages 549-583, August.
    120. Dan Vu Cao, 2010. "Collateral Shortages, Asset Price And Investment Volatility With Heterogeneous Beliefs," 2010 Meeting Papers 1233, Society for Economic Dynamics.
    121. Kydland, Finn E., 2004. "Quantitative Aggregate Theory," Nobel Prize in Economics documents 2004-4, Nobel Prize Committee.
    122. Eduardo Zilberman & Vinicius Carrasco & Pedro Hemsley, 2019. "Risk sharing contracts with private information and one-sided commitment," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 68(1), pages 53-81, July.
    123. Tobias Broer, 2009. "Stationary equilibrium distributions in economies with limited commitment," Economics Working Papers ECO2009/39, European University Institute.
    124. David Andolfatto & Martin Gervais, 2006. "Human Capital Investment and Debt Constraints," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 9(1), pages 52-67, January.
    125. Nicolas L. Jacquet & Serene Tan, 2011. "Money, Bargaining, and Risk Sharing," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 43(s2), pages 419-442, October.
    126. Perri, Fabrizio & Krueger, Dirk, 2002. "Does Income Inequality Lead to Consumption Inequality?," CEPR Discussion Papers 3583, C.E.P.R. Discussion Papers.
    127. Vogel, Edgar, 2014. "Optimal level of government debt - matching wealth inequality and the fiscal sector," Working Paper Series 1665, European Central Bank.
    128. Wang, Chien-Chiang & Li, Yiting, 2023. "Anonymous credit," MPRA Paper 118480, University Library of Munich, Germany.
    129. Vogel, Edgar, 2014. "Optimal Level of Government Debt: Matching Wealth Inequality and the Fiscal Sector," MEA discussion paper series 201410, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy.
    130. Dirk Krueger & Harald Uhlig, 2024. "Neoclassical Growth with Limited Commitment," PIER Working Paper Archive 22-023, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    131. Anne-Marie Rieu-Foucault, 2017. "Point sur la fourniture de liquidié publique," EconomiX Working Papers 2017-27, University of Paris Nanterre, EconomiX.
    132. Tim Worrall & Alessia Russo & Francesco Lancia, 2017. "Sustainable Intergenerational Insurance," 2017 Meeting Papers 319, Society for Economic Dynamics.
    133. Hyejin Cho, 2017. "Economics Of Regulation: Credit Rationing And Excess Liquidity," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-01375423, HAL.
    134. Timothy J. Kehoe & David K. Levine, 2006. "Bankruptcy and Collateral in Debt Constrained Markets," NBER Working Papers 12656, National Bureau of Economic Research, Inc.
    135. Fabrizio Perri & Dirk Krueger, 2008. "How does Household Consumption Respond to Income Shocks? Evidence and Theory," 2008 Meeting Papers 910, Society for Economic Dynamics.
    136. Costas Azariadis & Leo Kaas, 2007. "Is dynamic general equilibrium a theory of everything?," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 32(1), pages 13-41, July.
    137. Gaetano Bloise, 2013. "The structure of competitive equilibrium with unsecured debt," Departmental Working Papers of Economics - University 'Roma Tre' 0187, Department of Economics - University Roma Tre.

  32. Kehoe, Timothy J, 2001. "Comment on Dollarization and the Integration of International Capital Markets," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 33(2), pages 590-596, May.

    Cited by:

    1. Manjong Lee, 2008. "Is Uniform Money Always Better than Separate Monies?," Open Economies Review, Springer, vol. 19(1), pages 21-42, February.
    2. Ravikumar, B & Wallace, Neil, 2002. "A benefit of uniform currency," MPRA Paper 22951, University Library of Munich, Germany.
    3. Srinivas Nippani & Augustine Arize, 2005. "U.S. Presidential election impact on Canadian and Mexican stock markets," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 29(2), pages 271-279, June.

  33. de Cordoba, Gonzalo Fernandez & Kehoe, Timothy J., 2000. "Capital flows and real exchange rate fluctuations following Spain's entry into the European Community," Journal of International Economics, Elsevier, vol. 51(1), pages 49-78, June.

    Cited by:

    1. Rubina Verma, 2006. "India’s Service Sector Growth - A “New” Revolution," DEGIT Conference Papers c011_020, DEGIT, Dynamics, Economic Growth, and International Trade.
    2. Luisito Bertinelli & Olivier Cardi & Romain Restout, 2016. "Technical change biased toward the traded sector and labor market frictions," Working Papers of BETA 2016-05, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    3. Juan Carlos Conesa & Timothy J. Kehoe, 2017. "Productivity, Taxes, and Hours Worked in Spain: 1970-2015," Staff Report 550, Federal Reserve Bank of Minneapolis.
    4. Mr. Willy A Hoffmaister & Mr. Mario Catalan & Mr. Jaime Guajardo, 2007. "Coping with Spain’s Aging: Retirement Rules and Incentives," IMF Working Papers 2007/122, International Monetary Fund.
    5. Timothy J Kehoe & Kim J. Ruhl, 2003. "Recent Great Depressions: Aggregate Growth in New Zealand and Switzerland," Levine's Working Paper Archive 506439000000000529, David K. Levine.
    6. Sebastian Edwards, 2002. "Does the Current Account Matter?," NBER Chapters, in: Preventing Currency Crises in Emerging Markets, pages 21-76, National Bureau of Economic Research, Inc.
    7. Craighead, William D., 2009. "Real rigidities and real exchange rate volatility," Journal of International Money and Finance, Elsevier, vol. 28(1), pages 135-147, February.
    8. Mr. Rudolfs Bems & Mr. Philip Schellekens, 2008. "Macroeconomics of Migration in New Member States," IMF Working Papers 2008/264, International Monetary Fund.
    9. Jönsson, Kristian, 2005. "Real Exchange Rate and Consumption Fluctuations following Trade Liberalization," Working Paper Series 187, Sveriges Riksbank (Central Bank of Sweden).
    10. BERTINELLI, Luisito & CARDI, Olivier & RESTOUT, Romain, 2020. "Relative Productivity And Search Unemployment In An Open Economy," Journal of Economic Dynamics and Control, Elsevier, vol. 117(C).
    11. Aleksander Aristovnik, 2006. "Current Account Sustainability In Selected Transition Countries," William Davidson Institute Working Papers Series wp844, William Davidson Institute at the University of Michigan.
    12. Burstein, Ariel T. & Neves, Joao C. & Rebelo, Sergio, 2003. "Distribution costs and real exchange rate dynamics during exchange-rate-based stabilizations," Journal of Monetary Economics, Elsevier, vol. 50(6), pages 1189-1214, September.
    13. Olivier Cardi & Romain Restout & Peter Claeys, 2019. "Imperfect mobility of labor across sectors and fiscal transmission," Working Papers hal-02400991, HAL.
    14. Luisito Bertinelli & Olivier Cardi & Romain Restout, 2021. "Labor Market Effects of Technology Shocks Biased toward the Traded Sector," Working Papers 342990229, Lancaster University Management School, Economics Department.
    15. Carlos Gustavo Machicado & Paúl Estrada, 2012. "Fiscal policy and economic growth: a simulation analysis for Bolivia," Analítika, Analítika - Revista de Análisis Estadístico/Journal of Statistical Analysis, vol. 4(2), pages 57-79, Diciembre.
    16. Mendoza, Enrique G. & Uribe, Martin, 2000. "Devaluation risk and the business-cycle implications of exchange-rate management," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 53(1), pages 239-296, December.
    17. Díaz, Julián P., 2012. "Can enforcement constraints explain the patterns of capital flows after financial liberalizations?," Journal of International Money and Finance, Elsevier, vol. 31(5), pages 1180-1194.
    18. Martín-Moreno, José M. & Pérez, Rafaela & Ruiz, Jesús, 2016. "Exploring the sources of Spanish macroeconomic fluctuations: An estimation of a small open economy DSGE model," International Review of Economics & Finance, Elsevier, vol. 45(C), pages 417-437.
    19. Lawrence J. Christiano & Christopher Gust & Jorge Roldos, 2002. "Monetary Policy in a Financial Crisis," NBER Working Papers 9005, National Bureau of Economic Research, Inc.
    20. Gianluca Benigno & Luca Fornaro, 2014. "The Financial Resource Curse," Scandinavian Journal of Economics, Wiley Blackwell, vol. 116(1), pages 58-86, January.
    21. Timothy J. Kehoe, 2003. "What can we learn from the current crisis in Argentina?," Staff Report 318, Federal Reserve Bank of Minneapolis.
    22. Kehoe, Timothy J. & Ruhl, Kim J., 2009. "Sudden stops, sectoral reallocations, and the real exchange rate," Journal of Development Economics, Elsevier, vol. 89(2), pages 235-249, July.
    23. Mr. A. Salehizadeh & Mr. Peter Berezin & Mr. Elcior Santana, 2002. "The Challenge of Diversification in the Caribbean," IMF Working Papers 2002/196, International Monetary Fund.
    24. Kehoe, Timothy J., 2002. "An Evaluation of the Performance of Applied General Equilibrium Models of the Impact of NAFTA," Conference papers 331066, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    25. Gover Barja Daza & Javier Monterrey Arce & Sergio Villarroel Bohrt, 2005. "Elasticidad de la sustitución de bienes no transables en Bolivia," Research Department Publications 3182, Inter-American Development Bank, Research Department.
    26. Betts, Caroline M. & Kehoe, Timothy J., 2006. "U.S. real exchange rate fluctuations and relative price fluctuations," Journal of Monetary Economics, Elsevier, vol. 53(7), pages 1297-1326, October.
    27. Ugur Ciplak, 2007. "Real Exchange Rate Fluctuations and Relative Prices in Turkey," Central Bank Review, Research and Monetary Policy Department, Central Bank of the Republic of Turkey, vol. 7(2), pages 29-48.
    28. Olivier CARDI & Romain RESTOUT, 2013. "Imperfect Mobility of Labor across Sectors: a Reappraisal of the Balassa-Samuelson Effect," LIDAM Discussion Papers IRES 2013002, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    29. Martín-Moreno, José M. & Pérez, Rafaela & Ruiz, Jesús, 2014. "A real business cycle model with tradable and non-tradable goods for the Spanish economy," Economic Modelling, Elsevier, vol. 36(C), pages 204-212.
    30. Shang-Jin Wei & Jiandong Ju, 2008. "Current Account Adjustment: Some New Theory and Evidence," 2008 Meeting Papers 851, Society for Economic Dynamics.
    31. Kónya, István & Benczúr, Péter, 2013. "Kamatfelár, hitelválság és mérlegalkalmazkodás egy kis, nyitott gazdaságban [Interest premium, credit crisis and balance-sheet adjustment in a small open economy]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(9), pages 940-964.
    32. Bems, Rudolfs & Jönsson Hartelius, Kristian, 2003. "Trade Deficits in the Baltic States: How Long Will the Party Last?," SSE/EFI Working Paper Series in Economics and Finance 0543, Stockholm School of Economics, revised 02 May 2005.
    33. Julia Lendvai & Werner Roeger, 2010. "External deficits in the Baltics 1995 to 2007: Catching up or imbalances," European Economy - Economic Papers 2008 - 2015 398, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    34. Shimotsu, Tor, 2002. "Small Open Economy Model with Domestic Resource Shocks: Monetary Union vs. Floating Exchange Rate," Economics Discussion Papers 8841, University of Essex, Department of Economics.
    35. Jönsson, Kristian, 2004. "Real Exchange Rate and Consumption Fluctuations following Trade Liberalization," SSE/EFI Working Paper Series in Economics and Finance 568, Stockholm School of Economics, revised 04 Jan 2005.
    36. Péter Benczúr & István Kónya, 2007. "Convergence, capital accumulation and the nominal exchange rate," MNB Working Papers 2007/2, Magyar Nemzeti Bank (Central Bank of Hungary).
    37. Mr. Leslie Lipschitz & Mr. Alex Mourmouras & Mr. Timothy D. Lane, 2002. "Capital Flows to Transition Economies: Master or Servant?," IMF Working Papers 2002/011, International Monetary Fund.
    38. Braggion, Fabio & Christiano, Lawrence J. & Roldos, Jorge, 2009. "Optimal monetary policy in a [`]sudden stop'," Journal of Monetary Economics, Elsevier, vol. 56(4), pages 582-595, May.
    39. Wei, Shang-Jin & Shi, Kang & Ju, Jiandong, 2012. "On the connection between intra-temporal and intertemporal trade," CEPR Discussion Papers 8838, C.E.P.R. Discussion Papers.
    40. Enrique G. Mendoza, 2000. "On the Instability of Variance Decompositions of the Real Exchange Rate across Exchange-Rate-Regimes: Evidence from Mexico and the United States," NBER Working Papers 7768, National Bureau of Economic Research, Inc.
    41. Cardi, Olivier & Restout, Romain, 2023. "Sectoral fiscal multipliers and technology in open economy," Journal of International Economics, Elsevier, vol. 144(C).
    42. Mr. Gerard J Almekinders & Mr. Alex Mourmouras & Ms. Jianping Zhou & Satoshi Fukuda & Yong Sarah Zhou, 2015. "ASEAN Financial Integration," IMF Working Papers 2015/034, International Monetary Fund.
    43. José Mô Martín Moreno & Jesús Ruiz, "undated". "Bienes comerciables y no comerciables en la economía espanola: Un enfoque de ciclo real," Studies on the Spanish Economy 206, FEDEA.
    44. Sebastian Edwards, 2004. "Thirty Years of Current Account Imbalances, Current Account Reversals, and Sudden Stops," IMF Staff Papers, Palgrave Macmillan, vol. 51(s1), pages 1-49, June.
    45. Sebastian Edwards, 2004. "Thirty Years of Current Account Imbalances, Current Account Reversals and Sudden Stops," NBER Working Papers 10276, National Bureau of Economic Research, Inc.
    46. Aristovnik, Aleksander, 2006. "How sustainable are current account deficits in selected transition economies?," MPRA Paper 485, University Library of Munich, Germany.
    47. Jiandong Ju & Kang Shi & Shang-Jin Wei, 2011. "On the Connections between Intertemporal and Intra-temporal Trades," NBER Working Papers 17549, National Bureau of Economic Research, Inc.
    48. Peter Benczur & Istvan Konya, 2015. "Interest Premium, Sudden Stop, and Adjustment in a Small Open Economy," CERS-IE WORKING PAPERS 1505, Institute of Economics, Centre for Economic and Regional Studies.
    49. Rudolfs Bems, 2008. "Aggregate Investment Expenditures on Tradable and Nontradable Goods," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 11(4), pages 852-883, October.
    50. Gilberto E. Arce & Edgar Robles C., 2004. "The Elasticity of Substitution in Demand for Non-Tradable Goods in Costa Rica," Research Department Publications 3183, Inter-American Development Bank, Research Department.
    51. Enrique G. Mendoza & Martin Uribe, 1999. "Devaluation Risk and the Syndrome of Exchange-Rate-Based Stabilizations," NBER Working Papers 7014, National Bureau of Economic Research, Inc.
    52. Faltermeier, Julia & Lama, Ruy & Medina, Juan Pablo, 2022. "Foreign exchange intervention for commodity booms and busts," European Economic Review, Elsevier, vol. 143(C).
    53. Leslie LIPSCHITZ & Timothy LANE & Alex MOURMOURAS, 2006. "Capital Flows to Transition Economies: Master or Servant? (in English)," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 56(5-6), pages 202-222, May.
    54. Gover Barja Daza & Javier Monterrey Arce & Sergio Villarroel Bohrt, 2005. "The Elasticity of Substitution in Demand for Non-Tradable Goods in Bolivia," Research Department Publications 3181, Inter-American Development Bank, Research Department.
    55. Clemente Polo & Raimundo Viejo, 2015. "On The Accuracy Of Cge Forecasts In Expansion And Recession: Spain 1990--1997," Economic Systems Research, Taylor & Francis Journals, vol. 27(4), pages 525-542, December.
    56. Francisco Alcalá & Diego Peñarrubia, 2000. "Economic booms, trade deficits and economic policy," Economics Working Papers 397, Department of Economics and Business, Universitat Pompeu Fabra.
    57. Iwatsubo, Kentaro & 岩壷, 健太郎 & イワツボ, ケンタロウ, 2005. "Which Accounts for Real Exchange Rate Fluctuations, Deviations from the Law of One Price or Relative Price of Nontraded Goods?," CEI Working Paper Series 2004-22, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University.
    58. Simon Hildebrandt & Jochen Michaelis, 2022. "The Financial Resource Curse Revisited: The Supply-Side Effect of Low Interest Rates," MAGKS Papers on Economics 202222, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    59. Luisito Bertinelli & Olivier Cardi & Romain Restout, 2016. "Productivity Gains Biased Toward the Traded Sector and Labor Market Frictions," DEM Discussion Paper Series 16-14, Department of Economics at the University of Luxembourg.

  34. Timothy J. Kehoe, 2000. "The International Financial Crisis: Macroeconomic Linkages to Agriculture: Discussion," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 82(3), pages 703-706.

    Cited by:

    1. Maria CRESCIMANNO & Antonino GALATI & Tufan BAL, 2014. "The role of the economic crisis on the competitiveness of the agri-food sector in the main Mediterranean countries," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 60(2), pages 49-64.
    2. Guillermo Benavides Peralesv & Francisco Venegas Martínez, 2022. "Impact of Exchange Rate Volatility on Agricultural Trade between the U.S. and Mexico (1990-2017)," Economía: teoría y práctica, Universidad Autónoma Metropolitana, México, vol. 56(1), pages 131-154, Enero-Jun.

  35. Harold L. Cole & Timothy J. Kehoe, 2000. "Self-Fulfilling Debt Crises," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 67(1), pages 91-116.
    See citations under working paper version above.
  36. Cole, Harold L. & Kehoe, Timothy J., 1996. "A self-fulfilling model of Mexico's 1994-1995 debt crisis," Journal of International Economics, Elsevier, vol. 41(3-4), pages 309-330, November.

    Cited by:

    1. Adler, Gustavo & Lizarazo, Sandra, 2015. "Intertwined sovereign and bank solvencies in a simple model of self-fulfilling crisis," International Review of Economics & Finance, Elsevier, vol. 39(C), pages 428-448.
    2. Daniel Cohen & Sébastien Villemot, 2012. "The sovereign default puzzle: Modelling issues and lessons for Europe," Working Papers halshs-00692038, HAL.
    3. Daniel Cohen & Sébastien Villemot, 2015. "Endogenous Debt Crises," PSE-Ecole d'économie de Paris (Postprint) halshs-01204762, HAL.
    4. Jorge Fernández Ruiz & Blanca Cecilia García Medina, 2003. "Risk aversion and debt maturity structure," Economía Mexicana NUEVA ÉPOCA, CIDE, División de Economía, vol. 0(2), pages 275-291, July-Dece.
    5. Jorge Alonso-Ortiz & Esteban Colla & José-María Da-Rocha, 2017. "The productivity cost of sovereign default: evidence from the European debt crisis," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 64(4), pages 611-633, December.
    6. Timothy Kehoe & Felipe Meza, 2011. "Catch-up Growth Followed by Stagnation: Mexico 1950–2008," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 48(2), pages 227-268.
    7. Martin Bruns & Mr. Tigran Poghosyan, 2016. "Leading Indicators of Fiscal Distress: Evidence from the Extreme Bound Analysis," IMF Working Papers 2016/028, International Monetary Fund.
    8. Araújo, Aloísio Pessoa de & Leon, Márcia Saraiva, 2002. "Speculative attacks on debts, dollarization and optimum currency areas," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 446, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    9. Aloisio Araujo, 2015. "General equilibrium, preferences and financial institutions after the crisis," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 58(2), pages 217-254, February.
    10. Laura Alfaro & Fabio Kanczuk, 2009. "Debt Maturity: Is Long‐Term Debt Optimal?," Review of International Economics, Wiley Blackwell, vol. 17(5), pages 890-905, November.
    11. Aloisio Araujo & Marcia Leon & Rafael Santos, 2016. "Bargained Haircuts and Debt Policy Implications," Working Papers Series 416, Central Bank of Brazil, Research Department.
    12. Roch, Francisco & Uhlig, Harald, 2018. "The dynamics of sovereign debt crises and bailouts," Journal of International Economics, Elsevier, vol. 114(C), pages 1-13.
    13. Obstfeld, Maurice, 1997. "Dynamic Seigniorage Theory: An Exploration," Center for International and Development Economics Research (CIDER) Working Papers 233606, University of California-Berkeley, Department of Economics.
    14. Kent Osband & Caroline Van Rijckeghem, 2000. "Safety from Currency Crashes," IMF Staff Papers, Palgrave Macmillan, vol. 47(2), pages 1-4.
    15. Satyajit Chatterjee & Burcu Eyigungor, 2015. "A Seniority Arrangement for Sovereign Debt," American Economic Review, American Economic Association, vol. 105(12), pages 3740-3765, December.
    16. Christophe Blot & Bruno Ducoudre & Xavier Timbeau, 2016. "Sovereign debt spread and default in a model with self-fulfilling prophecies and asymmetric information," Post-Print hal-03411199, HAL.
    17. Corsetti, G. & Pesenti, P. & Roubini, N., 1998. "What Caused the Asian Currency and Financial Crisis?," Papers 343, Banca Italia - Servizio di Studi.
    18. David Llewellyn, 2000. "Some Lessons for Regulation from Recent Bank Crises," Open Economies Review, Springer, vol. 11(1), pages 69-109, August.
    19. Corsetti, Giancarlo & Pesenti, Paolo & Roubini, Nouriel, 1999. "Paper tigers?: A model of the Asian crisis," European Economic Review, Elsevier, vol. 43(7), pages 1211-1236, June.
    20. Balke, Neele L. & Ravn, Morten O., 2016. "Time-consistent fiscal policy in a debt crisis," LSE Research Online Documents on Economics 86174, London School of Economics and Political Science, LSE Library.
    21. Mr. Marcos d Chamon, 2004. "Can Debt Crises Be Self-Fulfilling?," IMF Working Papers 2004/099, International Monetary Fund.
    22. Aguiar, M. & Chatterjee, S. & Cole, H. & Stangebye, Z., 2016. "Quantitative Models of Sovereign Debt Crises," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 1697-1755, Elsevier.
    23. Kirsch, Florian & Rühmkorf, Ronald, 2013. "Sovereign Borrowing, Financial Assistance and Debt Repudiation," Bonn Econ Discussion Papers 01/2013, University of Bonn, Bonn Graduate School of Economics (BGSE).
    24. Daniel Cohen & Sébastien Villemot, 2006. "Self-Fulfilling Debt Crises in Theory and Practice," Research Department Publications 4467, Inter-American Development Bank, Research Department.
    25. Qiang Gong & Shen Jia & Justin Yifu Lin, 2009. "Firm Liquidation and Economic Crisis under Unexpected Exchange Rate Shock," Annals of Economics and Finance, Society for AEF, vol. 10(1), pages 1-14, May.
    26. Corsetti, Giancarlo & Guimaraes, Bernardo & Roubini, Nouriel, 2006. "International lending of last resort and moral hazard: A model of IMF's catalytic finance," Journal of Monetary Economics, Elsevier, vol. 53(3), pages 441-471, April.
    27. Paola Montero Ledezma, 2018. "The Role of Politics in Crisis in Financial Markets," Investigación & Desarrollo 0118, Universidad Privada Boliviana, revised Nov 2018.
    28. Patrick Artus, 2003. "Local Currency or Foreign Currency Debt?," Revue économique, Presses de Sciences-Po, vol. 54(5), pages 1013-1031.
    29. Chanelle Duley & Prasanna Gai, 2020. "When the penny doesn't drop - Macroeconomic tail risk and currency crises," National Institute of Economic and Social Research (NIESR) Discussion Papers 520, National Institute of Economic and Social Research.
    30. Jose A. Lopez & Kris James Mitchener, 2018. "Uncertainty and Hyperinflation: European Inflation Dynamics after World War I," CESifo Working Paper Series 7066, CESifo.
    31. Michel Aglietta & Xavier Ragot, 2015. "Erosion du tissu productif en France : causes et remèdes," SciencePo Working papers Main hal-03460040, HAL.
    32. Piersanti, Giovanni, 2012. "The Macroeconomic Theory of Exchange Rate Crises," OUP Catalogue, Oxford University Press, number 9780199653126.
    33. Kim, Y.J. & Lee, J.W., 1999. "Overinvestment, Collateral Lending, and Economic Crisis," Papers 4, Chicago - Graduate School of Business.
    34. Timothy J. Kehoe, 2003. "What can we learn from the current crisis in Argentina?," Staff Report 318, Federal Reserve Bank of Minneapolis.
    35. Stefan Niemann & Paul Pichler, 2017. "Optimal fiscal policy and sovereign debt crises," Working Papers 218, Oesterreichische Nationalbank (Austrian Central Bank).
    36. Betty C. Daniel, 2010. "Exchange Rate Crises and Fiscal Solvency," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 42(6), pages 1109-1135, September.
    37. Pereira, Pedro L. Valls & Marçal, Emerson Fernandes & Martin, Diógenes Manoel Leiva & Nakamura, Wilson Toshiro, 2009. "Evaluation of contagion or interdependence in the financial crises of Asia and Latin America, considering the macroeconomic fundamentals," Textos para discussão 177, FGV EESP - Escola de Economia de São Paulo, Fundação Getulio Vargas (Brazil).
    38. Chung Yi Tse & Charles Ka Yui Leung, 2002. "Increasing Wealth and Increasing Instability: The Role of Collateral," Review of International Economics, Wiley Blackwell, vol. 10(1), pages 45-52, February.
    39. Michael Stiefel & Rémi Vivès, 2019. "'Whatever it Takes' to Change Belief: Evidence from Twitter," Working Papers halshs-02053429, HAL.
    40. Andrade, Sandro C. & Kohlscheen, Emanuel, 2010. "Pessimistic Foreign Investors and Turmoil in Emerging Markets : The Case of Brazil in 2002," The Warwick Economics Research Paper Series (TWERPS) 926, University of Warwick, Department of Economics.
    41. Juan Sanchez & Rodolfo Manuelli, 2016. "Endogenous Debt Maturity: Liquidity Risk vs. Default Risk," 2016 Meeting Papers 1435, Society for Economic Dynamics.
    42. Ang, Andrew & Longstaff, Francis A., 2013. "Systemic sovereign credit risk: Lessons from the U.S. and Europe," Journal of Monetary Economics, Elsevier, vol. 60(5), pages 493-510.
    43. Daniel Cohen & Sébastien Villemot, 2015. "Endogenous Debt Crises," PSE - Labex "OSE-Ouvrir la Science Economique" halshs-01204762, HAL.
    44. Winkler, Adalbert, 2013. "Der lender of last resort vor Gericht," Frankfurt School - Working Paper Series 206, Frankfurt School of Finance and Management.
    45. Uhlig, H.F.H.V.S., 2002. "One Money, But Many Fiscal Policies in Europe : What are the Consequences?," Discussion Paper 2002-32, Tilburg University, Center for Economic Research.
    46. Santos, Rafael Chaves & Araújo, Aloísio Pessoa de & Leon, Márcia Saraiva, 2007. "Speculative attacks, openness and crises," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 654, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    47. Eijffinger, S.C.W. & Goderis, B.V.G., 2005. "Currency Crisis, Monetary Policy and Corporate Balance Sheet Vulnerabilities," Discussion Paper 2005-113, Tilburg University, Center for Economic Research.
    48. M Cruz, 2003. "A Minskyian Crisis: An Application to the 1994-95 Mexican Experience," Economics Discussion Paper Series 0325, Economics, The University of Manchester.
    49. Laurissa Mühlich & Barbara Fritz, 2018. "Safety for Whom? The Scattered Global Financial Safety Net and the Role of Regional Financial Arrangements," Open Economies Review, Springer, vol. 29(5), pages 981-1001, November.
    50. Andrea Cipollini & Kostas Mouratidis & Nicola Spagnolo, 2008. "Evaluating currency crises: the case of the European monetary system," Empirical Economics, Springer, vol. 35(1), pages 11-27, August.
    51. Sebastian Dullien & Barbara Fritz & Laurissa Mühlich, 2013. "Regional Monetary Cooperation: Lessons from the Euro Crisis for Developing Areas?," World Economic Review, World Economics Association, vol. 2013(2), pages 1-1, February.
    52. Harold L. Cole & Timothy J. Kehoe, 2000. "Self-Fulfilling Debt Crises," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 67(1), pages 91-116.
    53. Javier Bianchi, 2019. "Monetary Independence and Rollover Crises," 2019 Meeting Papers 1367, Society for Economic Dynamics.
    54. Kostas Mouratidis & Dimitris Kenourgios & Aris Samitas, 2010. "Evaluating currency crisis:A multivariate Markov switching approach," Working Papers 2010018, The University of Sheffield, Department of Economics, revised Oct 2010.
    55. Ajit, Singh, 1998. "'Asian capitalism' and the financial crisis," MPRA Paper 24937, University Library of Munich, Germany.
    56. Claudia S. Gómez-López & Luis A. Puch, 2008. "Uso de Energía en Economías Exportadoras de Petróleo," Economic Reports 24-08, FEDEA.
    57. Mark A. Aguiar & Manuel Amador, 2018. "Self-Fulfilling Debt Dilution: Maturity and Multiplicity in Debt Models," NBER Working Papers 24683, National Bureau of Economic Research, Inc.
    58. Dooyeon Cho & Antonio Doblas-Madrid, 2013. "Business Cycle Accounting East and West: Asian Finance and the Investment Wedge," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 16(4), pages 724-744, October.
    59. Giancarlo Marini & Giovanni Piersanti, 2003. "Fiscal Deficits and Currency Crises," CEIS Research Paper 15, Tor Vergata University, CEIS.
    60. Hsinrong P. WEI, 2014. "Does Financial Openness Affect Economic Growth in Asian Economies? A Case Study in Selected Asian Economies, 1980-2010," Journal of Economics and Political Economy, KSP Journals, vol. 1(2), pages 253-301, December.
    61. Ryota Nakatani, 2014. "The Effects of Financial and Real Shocks, Structural Vulnerability and Monetary Policy on Exchange Rates from the Perspective of Currency Crises Models," UTokyo Price Project Working Paper Series 043, University of Tokyo, Graduate School of Economics.
    62. Gonzalo Fernandez-de-Cordoba & Pau Pujolas & Jose Torres, 2017. "Fiscal Discipline and Defaults," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 24, pages 1-13, March.
    63. Balaga Mohana Rao & Puja Padhi, 2019. "Identifying the Early Warnings of Currency Crisis in India," Foreign Trade Review, , vol. 54(4), pages 269-299, November.
    64. Ratti, Ronald A. & Seo, Jeonghee, 2003. "Multiple equilibria and currency crisis: evidence for Korea," Journal of International Money and Finance, Elsevier, vol. 22(5), pages 681-696, October.
    65. Gian Maria Milesi Ferretti & Assaf Razin, 1999. "Current Account Deficits and Capital Flows in East Asia and Latin America: Are the Early Nineties Different From the Early Eighties," NBER Chapters, in: Changes in Exchange Rates in Rapidly Developing Countries: Theory, Practice, and Policy Issues, pages 57-108, National Bureau of Economic Research, Inc.
    66. Timothy J. Kehoe & Felipe Meza, 2011. "Catch-up Growth Followed by Stagnation: Mexico, 1950-2010," NBER Working Papers 17700, National Bureau of Economic Research, Inc.
    67. Corsetti, G. & Erce, A. & Uy, T., 2018. "Debt Sustainability and the Terms of Official Support," Cambridge Working Papers in Economics 1864, Faculty of Economics, University of Cambridge.
    68. Baer, Werner & Hargis, Kent, 1997. "Forms of external capital and economic development in Latin America: 1820-1997," World Development, Elsevier, vol. 25(11), pages 1805-1820, November.
    69. Desmet, Klaus, 2000. "Accounting for the Mexican banking crisis," Emerging Markets Review, Elsevier, vol. 1(2), pages 165-181, September.
    70. Guillermo A. Calvo, 2000. "Balance-of-Payments Crises in Emerging Markets: Large Capital Inflows and Sovereign Governments," NBER Chapters, in: Currency Crises, pages 71-97, National Bureau of Economic Research, Inc.
    71. Jorge Fernández-Ruiz, 2004. "The Simple Case For Collective Action Clauses," Remef - Revista Mexicana de Economía y Finanzas Nueva Época REMEF (The Mexican Journal of Economics and Finance), Instituto Mexicano de Ejecutivos de Finanzas, IMEF, vol. 3(3), pages 237-248, Septiembr.
    72. Ivan Pastine, 2000. "Speculation and the Decision to Abandon a Fixed Exchange Rate Regime," Econometric Society World Congress 2000 Contributed Papers 0931, Econometric Society.
    73. Satyajit Chatterjee & Burcu Eyigungor, 2013. "Debt Dilution and Seniority in a Model of Defaultable Sovereign Debt," 2013 Meeting Papers 654, Society for Economic Dynamics.
    74. Mr. Paul R Masson, 1998. "Contagion: Monsoonal Effects, Spillovers, and Jumps Between Multiple Equilibria," IMF Working Papers 1998/142, International Monetary Fund.
    75. Zilibotti, Fabrizio & Storesletten, Kjetil & Müller, Andreas, 2015. "Sovereign Debt and Structural Reforms," CEPR Discussion Papers 10588, C.E.P.R. Discussion Papers.
    76. Zhao, Yan, 2013. "Borrowing constraints and the trade balance–output comovement," Economic Modelling, Elsevier, vol. 32(C), pages 34-41.
    77. Kenny, Charles J. & Moss, Todd J., 1998. "Stock markets in Africa: Emerging lions or white elephants?," World Development, Elsevier, vol. 26(5), pages 829-843, May.
    78. Cristina Arellano & Timothy J. Kehoe & Herakles Polemarchakis, 2017. "Introduction to the Special Issue on Models of Debt and Debt Crises," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 64(4), pages 605-610, December.
    79. Christoph Trebesch & Mr. Michael G. Papaioannou & Mr. Udaibir S Das, 2012. "Sovereign Debt Restructurings 1950-2010: Literature Survey, Data, and Stylized Facts," IMF Working Papers 2012/203, International Monetary Fund.
    80. Stangebye, Zachary R., 2020. "Beliefs and long-maturity sovereign debt," Journal of International Economics, Elsevier, vol. 127(C).
    81. Jorra, Markus, 2012. "The effect of IMF lending on the probability of sovereign debt crises," Journal of International Money and Finance, Elsevier, vol. 31(4), pages 709-725.
    82. Ryota Nakatani, 2019. "Output Costs of Currency Crisis and Banking Crisis: Shocks, Policies and Cycles," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 61(1), pages 83-102, March.
    83. Juan Carlos Conesa & Timothy J. Kehoe, 2017. "Gambling for redemption and self-fulfilling debt crises," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 64(4), pages 707-740, December.
    84. Giancarlo Marini & Giovanni Piersanti, 2012. "Models of Speculative Attacks and Crashes in International Capital Markets," CEIS Research Paper 245, Tor Vergata University, CEIS, revised 24 Jul 2012.
    85. Stefan Niemann & Paul Pichler, 2020. "Online Appendix to "Optimal fiscal policy and sovereign debt crises"," Online Appendices 18-382, Review of Economic Dynamics.
    86. Gonzalo F. de-Córdoba & José L. Torres, 2016. "Public debt frontiers: The Greek case," Working Papers 2016-03, Universidad de Málaga, Department of Economic Theory, Málaga Economic Theory Research Center.
    87. W.H. Buiter & A Sibert, 1999. "UDROP: A Small Contribution to the International Financial Architecture," CEP Discussion Papers dp0425, Centre for Economic Performance, LSE.
    88. Dullien, Sebastian & Fritz, Barbara & Mühlich, Laurissa, 2016. "The IMF to the rescue: Did the euro area benefit from the fund's experience in crisis fighting?," Discussion Papers 2016/20, Free University Berlin, School of Business & Economics.
    89. Chang, Roberto & Velasco, Andres, 2000. "Banks, debt maturity and financial crises," Journal of International Economics, Elsevier, vol. 51(1), pages 169-194, June.
    90. Matsuoka, Tarishi, 2018. "Banks and liquidity crises in emerging market economies," Journal of Economic Dynamics and Control, Elsevier, vol. 94(C), pages 43-62.
    91. Kuvshinov, Dmitry & Zimmermann, Kaspar, 2019. "Sovereigns going bust: Estimating the cost of default," European Economic Review, Elsevier, vol. 119(C), pages 1-21.
    92. Miller, Marcus & Rankin, Neil & Zhang, Lei, 2012. "Borrowing from thy neighbour: a European perspective on sovereign debt," CAGE Online Working Paper Series 73, Competitive Advantage in the Global Economy (CAGE).
    93. Ari, Ali, 2012. "Early warning systems for currency crises: The Turkish case," Economic Systems, Elsevier, vol. 36(3), pages 391-410.
    94. Fabrice Tourre, 2017. "A Macro-Finance Approach to Sovereign Debt Spreads and Returns," 2017 Meeting Papers 13, Society for Economic Dynamics.
    95. Alfaro, Laura & Kanczuk, Fabio, 2005. "Sovereign debt as a contingent claim: a quantitative approach," Journal of International Economics, Elsevier, vol. 65(2), pages 297-314, March.
    96. Eduardo Levy Yeyati, 2009. "Optimal Debt? On the Insurance Value of International Debt Flows to Developing Countries," Open Economies Review, Springer, vol. 20(4), pages 489-507, September.
    97. Guillermo A. Calvo, 2002. "Globalization Hazard and Delayed Reform in Emerging Markets," Economía Journal, The Latin American and Caribbean Economic Association - LACEA, vol. 0(Spring 20), pages 1-31, January.
    98. Antonio Doblas‐Madrid, 2009. "Fiscal Trends and Self‐Fulfilling Crises," Review of International Economics, Wiley Blackwell, vol. 17(1), pages 187-204, February.
    99. Aaron Tornell, 2001. "Lending Booms and Currency Crises: Empirical Link," NBER Chapters, in: Regional and Global Capital Flows: Macroeconomic Causes and Consequences, pages 47-67, National Bureau of Economic Research, Inc.
    100. Araujo, Aloisio & Leon, Marcia & Santos, Rafael, 2013. "Welfare analysis of currency regimes with defaultable debts," Journal of International Economics, Elsevier, vol. 89(1), pages 143-153.
    101. Clara GARCÍA & Nuria MALET, 2007. "Exchange Market Pressure, Monetary Policy, And Economic Growth: Argentina, 1993–2004," The Developing Economies, Institute of Developing Economies, vol. 45(3), pages 253-282, September.
    102. Nöh, Lukas, 2019. "Increasing public debt and the role of central bank independence for debt maturities," European Economic Review, Elsevier, vol. 119(C), pages 179-198.
    103. Barbara Fritz & Laurissa Mühlich, 2019. "Regional Financial Arrangements in the Global Financial Safety Net: The Arab Monetary Fund and the Eurasian Fund for Stabilization and Development," Development and Change, International Institute of Social Studies, vol. 50(1), pages 96-121, January.
    104. Jeanne, Olivier & Masson, Paul, 2000. "Currency crises, sunspots and Markov-switching regimes," Journal of International Economics, Elsevier, vol. 50(2), pages 327-350, April.
    105. Weder di Mauro, Beatrice & Van Rijckeghem, Caroline, 2004. "The Politics Of Debt Crises," CEPR Discussion Papers 4683, C.E.P.R. Discussion Papers.
    106. Percival Pineda, 2017. "Financial liberalization and private sector borrowing in ASEAN 4 economies 1990–2012," Eurasian Economic Review, Springer;Eurasia Business and Economics Society, vol. 7(2), pages 277-295, August.
    107. Mr. Paul R Masson, 1999. "Multiple Equilibria, Contagion, and the Emerging Market Crises," IMF Working Papers 1999/164, International Monetary Fund.
    108. Michel Aglietta & Xavier Ragot, 2015. "Erosion du tissu productif en France causes et remèdes," PSE - Labex "OSE-Ouvrir la Science Economique" halshs-01313773, HAL.
    109. Josef C. Brada & Vladimír Tomšík, 2004. "Zahraniční investice a náchylnost k měnovým krizím: zkušenosti tranzitivních ekonomik [Foreign investment and perceptions of vulnerability to foreign exchange crises: evidence from transition econo," Politická ekonomie, Prague University of Economics and Business, vol. 2004(3), pages 313-329.
    110. Zachary Stangebye, 2016. "Lifetime-Laffer Curves and the Eurozone Crisis," 2016 Meeting Papers 63, Society for Economic Dynamics.
    111. Winkler, Adalbert, 2014. "The lender of last resort in court," Frankfurt School - Working Paper Series 207, Frankfurt School of Finance and Management.
    112. Garratt, Rod & Keister, Todd, 2009. "Bank runs as coordination failures: An experimental study," Journal of Economic Behavior & Organization, Elsevier, vol. 71(2), pages 300-317, August.
    113. Detragiache, Enrica & Spilimbergo, Antonio, 2004. "Empirical models of short-term debt and crises: Do they test the creditor run hypothesis?," European Economic Review, Elsevier, vol. 48(2), pages 379-389, April.
    114. Diehl, Markus & Schweickert, Rainer, 1998. "Currency crises: Is Asia different?," Kiel Discussion Papers 309, Kiel Institute for the World Economy (IfW Kiel).
    115. Michal Szkup, 2015. "Preventing Self-Fulfilling Crises," 2015 Meeting Papers 1144, Society for Economic Dynamics.
    116. Gonzalo F. de-Córdoba & Benedetto Molinari & José L. Torres, 2018. "Public Debt Frontier. A toolkit for analyzing fiscal policy and debt sustainability," Working Paper series 18-36, Rimini Centre for Economic Analysis.
    117. Fausto Hernández Trillo & Alejandro Villagómez Amezcua, 2000. "La estructura de la deuda pública en México: Lecciones y perspectivas," Research Department Publications 3104, Inter-American Development Bank, Research Department.
    118. Stangebye, Zachary, 2015. "Dynamic Panics: Theory and Application to the Eurozone," MPRA Paper 69967, University Library of Munich, Germany.

  37. Kehoe, Timothy J & Prescott, Edward C, 1995. "Introduction to the Symposium: The Discipline of Applied General Equilibrium," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 6(1), pages 1-11, June.

    Cited by:

    1. Avouyi-Dovi, S. & Matheron, J. & Fève, P., 2007. "Les modèles DSGE – leur intérêt pour les banques centrales," Bulletin de la Banque de France, Banque de France, issue 161, pages 41-54.
    2. Matheron, Julien & Maury, Tristan-Pierre, 2004. "The welfare cost of monopolistic competition: a quantitative assessment," Economic Modelling, Elsevier, vol. 21(6), pages 933-948, December.
    3. Andreas Peichl, 2009. "The benefits and problems of linking micro and macromodels - Evidence from a flat tax analysis," Journal of Applied Economics, Universidad del CEMA, vol. 12, pages 301-329, November.
    4. Peichl, Andreas, 2005. "Die Evaluation von Steuerreformen durch Simulationsmodelle," FiFo Discussion Papers - Finanzwissenschaftliche Diskussionsbeiträge 05-1, University of Cologne, FiFo Institute for Public Economics.
    5. Peichl, Andreas, 2008. "The benefits of linking CGE and Microsimulation Models - Evidence from a Flat Tax analysis," FiFo Discussion Papers - Finanzwissenschaftliche Diskussionsbeiträge 08-6, University of Cologne, FiFo Institute for Public Economics.
    6. Atolia, Manoj & Yoshinori, Kurokawa, 2008. "Variety Trade and Skill Premium in a Calibrated General Equilibrium Model: The Case of Mexico," MPRA Paper 13698, University Library of Munich, Germany.
    7. Ferran Sancho, 2009. "Calibration Of Ces Functions For Real-World Multisectoral Modeling," Economic Systems Research, Taylor & Francis Journals, vol. 21(1), pages 45-58.
    8. Tsasa Vangu, Jean-Paul Kimbambu, 2014. "Diagnostic de la politique monétaire en Rép. Dém. Congo – Approche par l’Equilibre Général Dynamique Stochastique," Dynare Working Papers 38, CEPREMAP.
    9. Andreas Peichl, 2016. "Linking Microsimulation and CGE models," International Journal of Microsimulation, International Microsimulation Association, vol. 9(1), pages 167-174.
    10. Jean-Guillaume Sahuc & Julien Matheron & Patrick Fève, 2010. "La TVA sociale : bonne ou mauvaise idée ?," Économie et Prévision, Programme National Persée, vol. 193(2), pages 1-19.
    11. WILLENBOCKEL Dirk, 2010. "The Numeraire Problem in General Equilibrium Models with Market Power: Much Ado About Nothing?," EcoMod2003 330700152, EcoMod.
    12. Pedro Garcia Duarte & Kevin D. Hoover, 2012. "Observing Shocks," History of Political Economy, Duke University Press, vol. 44(5), pages 226-249, Supplemen.
    13. Dirk Willenbockel, 2005. "The Price Normalisation Problem in General Equilibriun Models with Oligopoly Power: An Attempt at Perspective," GE, Growth, Math methods 0505002, University Library of Munich, Germany.
    14. Li, NaiChia & Roe, Terry L., 2006. "Validating Dynamic General Equilibrium Model Forecasts," 2006 Annual meeting, July 23-26, Long Beach, CA 21325, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    15. Khazri, Afifa, 2001. "Impact des chocs monétaires sur les variations du salaire réel [Monetary Shocks and Impact on Changes in Real Wages]," MPRA Paper 86772, University Library of Munich, Germany.

  38. Kehoe, Timothy J & Polo, Clemente & Sancho, Ferran, 1995. "An Evaluation of the Performance of an Applied General Equilibrium Model of the Spanish Economy," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 6(1), pages 115-141, June.
    See citations under working paper version above.
  39. Kenneth J. Arrow & Timothy J. Kehoe, 1994. "Distinguished Fellow: Herbert Scarf's Contributions to Economics," Journal of Economic Perspectives, American Economic Association, vol. 8(4), pages 161-181, Fall.

    Cited by:

    1. Pascal Gauthier & Timothy J. Kehoe & Erwan Quintin, 2021. "Constructing Pure-Exchange Economies with Many Equilibria," Staff Report 631, Federal Reserve Bank of Minneapolis.
    2. Timothy J. Kehoe, 1996. "Social accounting matrices and applied general equilibrium models," Working Papers 563, Federal Reserve Bank of Minneapolis.

  40. Patrick J. Kehoe & Timothy J. Kehoe, 1994. "A primer on static applied general equilibrium models," Quarterly Review, Federal Reserve Bank of Minneapolis, vol. 18(Spr), pages 2-16.

    Cited by:

    1. Mendoza, Enrique G. & Uribe, Martin, 2000. "Devaluation risk and the business-cycle implications of exchange-rate management," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 53(1), pages 239-296, December.
    2. Goodman, Joshua Samuel & Goodman, Lucas & Goodman, Sarena & Goodman, Allen C., 2014. "A Few Goodmen: Surname-Sharing Co-Authors in Economics," Scholarly Articles 22805379, Harvard Kennedy School of Government.
    3. Qasmi, Bashir A. & Fausti, Scott W., 1994. "Capturing the Impacts of North American Free Trade Agreement on South Dakota's Economy," Economics Staff Papers 232355, South Dakota State University, Department of Economics.
    4. Kehoe, Timothy J. & Ruhl, Kim J., 2009. "Sudden stops, sectoral reallocations, and the real exchange rate," Journal of Development Economics, Elsevier, vol. 89(2), pages 235-249, July.
    5. Gaitan, Beatriz & Pavel, Ferdinand, 2000. "Is "Getting The Prices Right" Always Right? How Trade Liberalization Can Fail," Bulletins 12970, University of Minnesota, Economic Development Center.
    6. Sadni Jallab, Mustapha & Abdelmalki, Lahsen, 2007. "The Free Trade Agreement Between the United States and Morocco: The Importance of a Gradual and Assymetric Agreement," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 22, pages 852-887.
    7. Muhammad Aamir Khan & Naseeb Zada & Kakali Mukhopadhyay, 2018. "Economic implications of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on Pakistan: a CGE approach," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 7(1), pages 1-20, December.
    8. Burtraw, Dallas & Pizer, William & Harrington, Winston & Sanchirico, James & Newell, Richard, 2005. "Modeling Economywide versus Sectoral Climate Policies Using Combined Aggregate-Sectoral Models," RFF Working Paper Series dp-05-08, Resources for the Future.
    9. Kimakova, Alena & Rajabiun, Reza, 1999. "An Applied General Equilibrium Analysis of EU Integration for Hungary and Slovakia," Transition Economics Series 9, Institute for Advanced Studies.
    10. Ghaith, Ziad & Kulshreshtha, Suren & Natcher, David & Cameron, Bobby Thomas, 2021. "Regional Computable General Equilibrium models: A review," Journal of Policy Modeling, Elsevier, vol. 43(3), pages 710-724.
    11. Peichl, Andreas, 2005. "Die Evaluation von Steuerreformen durch Simulationsmodelle," FiFo Discussion Papers - Finanzwissenschaftliche Diskussionsbeiträge 05-1, University of Cologne, FiFo Institute for Public Economics.
    12. Timothy J. Kehoe, 1996. "Social accounting matrices and applied general equilibrium models," Working Papers 563, Federal Reserve Bank of Minneapolis.
    13. Ghaith, Ziad & Natcher, David & Kulshreshtha, Suren, 2018. "Economic Impact of the United States withdrawal from Trans-Pacific Partnership on Canada: A Computable General Equilibrium Based Analysis," Conference papers 332958, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    14. Sadni Jallab, Mustapha & Karingi, Stephen & Oulmane, Nassim & Perez, Romain & Lang, Rémi & Ben Hammouda, Hakim, 2005. "Economic and Welfare Impacts of the EU-Africa Economic Partnership Agreements," MPRA Paper 12875, University Library of Munich, Germany.
    15. Stefan Boeters & Michael Feil & Nicole Gürtzgen, 2007. "Discrete Working Time Choice in an Applied General Equilibrium Model," Computational Economics, Springer;Society for Computational Economics, vol. 29(3), pages 427-427, May.
    16. Scrieciu, Silviu Serban & Blake, Adam, 2003. "General Equilibrium Modelling Applied to Romania (GEMAR): Focusing on the Agricultural and Food Sectors," Development Economics and Public Policy Working Papers 30544, University of Manchester, Institute for Development Policy and Management (IDPM).
    17. Bell, William Paul, 2009. "Adaptive interactive expectations: dynamically modelling profit expectations," MPRA Paper 38260, University Library of Munich, Germany, revised 09 Feb 2010.
    18. Peichl, Andreas, 2008. "The benefits of linking CGE and Microsimulation Models - Evidence from a Flat Tax analysis," FiFo Discussion Papers - Finanzwissenschaftliche Diskussionsbeiträge 08-6, University of Cologne, FiFo Institute for Public Economics.
    19. Böhringer, Christoph & Rutherford, Thomas F., 2000. "Decomposing the cost of Kyoto: a global CGE analysis of multilateral policy impacts," ZEW Discussion Papers 00-11, ZEW - Leibniz Centre for European Economic Research.
    20. Cunha, Alexandre & Teixeira, Arilton, 2004. "The Impacts of Trade Blocks and Tax Reforms on the Brazilian Economy," Revista Brasileira de Economia - RBE, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil), vol. 58(3), July.
    21. Maria Berrittella, 2010. "A macroeconomic analysis of the public investments in European combined transport," Empirical Economics, Springer, vol. 39(1), pages 167-181, August.
    22. Cassey, Andrew J. & Galinato, Suzette P. & Taylor, Justin L., 2012. "Environmental Regulation and Regional Economy: Economic Impacts of the Elimination of Azinphos-methyl on the Apple Industry and Washington State," Journal of Food Distribution Research, Food Distribution Research Society, vol. 43(2), pages 1-22.
    23. Bohringer, Christoph & Thomas F Rutherford, 2003. "In Search of a Rationale for Differentiated Environmental Taxes," Royal Economic Society Annual Conference 2003 26, Royal Economic Society.
    24. Atolia, Manoj & Yoshinori, Kurokawa, 2008. "Variety Trade and Skill Premium in a Calibrated General Equilibrium Model: The Case of Mexico," MPRA Paper 13698, University Library of Munich, Germany.
    25. Guerra, Ana-Isabel & Manresa, Antonio & Sancho, Ferran, 2018. "The true index of cost of living under general equilibrium: The numéraire matters," Economics Letters, Elsevier, vol. 173(C), pages 69-72.
    26. Corbelle-Rico, Eduardo & Sánchez-Fernández, Patricio & López-Iglesias, Edelmiro & Lago-Peñas, Santiago & Da-Rocha, José-María, 2022. "Putting land to work: An evaluation of the economic effects of recultivating abandoned farmland," Land Use Policy, Elsevier, vol. 112(C).
    27. Omar Chisari & Antonio Estache & Gaetan Nicodeme, 2016. "Efficiency and Equity Effects of Taxing the Financial Sector: Lessons from a CGE Model for Belgium," FinanzArchiv: Public Finance Analysis, Mohr Siebeck, Tübingen, vol. 72(2), pages 125-157, June.
    28. Alm, James & Sennoga, Edward B., 2010. "Mobility, Competition, and the Distributional Effects of Tax Evasion," National Tax Journal, National Tax Association;National Tax Journal, vol. 63(4), pages 1055-1084, December.
    29. Nilsson, Charlotte, 1999. "A Unilateral Versus a Multilateral Carbon Dioxide Tax - A Numerical Analysis with the European Model GEM-E3," Working Papers 66, National Institute of Economic Research.
    30. Ayala, Edgardo & Chapa, Joana & García, Lester & Hibert, Abel, 2018. "Welfare effects of the Telecommunication Reform in Mexico," Telecommunications Policy, Elsevier, vol. 42(1), pages 24-36.
    31. Omar Chisari & Antonio Estache & Germán Lambardi & Carlos Romero, 2013. "The trade balance effects of infrastructure services regulation," International Economics and Economic Policy, Springer, vol. 10(2), pages 183-200, June.
    32. Karingi, Stephen & Perez, Romain & Oulmane, Nassim & Lang, Rémi & Sadni Jallab, Mustapha, 2006. "Assessment of the Impact of the Economic Partnership Agreement between the COMESA countries and the European Union," MPRA Paper 13294, University Library of Munich, Germany.
    33. Rodrigo Garcá-Verdú, 2005. "Factor Shares from Household Survey Data," DEGIT Conference Papers c010_057, DEGIT, Dynamics, Economic Growth, and International Trade.
    34. Gallen, Trevor S. & Winston, Clifford, 2021. "Transportation capital and its effects on the U.S. economy: A general equilibrium approach," Journal of Macroeconomics, Elsevier, vol. 69(C).
    35. Amy Peng, 2009. "Introducing CGE Models to the Classroom Using EXCEL," Working Papers 013, Ryerson University, Department of Economics.
    36. Auke Hoekstra & Maarten Steinbuch & Geert Verbong, 2017. "Creating Agent-Based Energy Transition Management Models That Can Uncover Profitable Pathways to Climate Change Mitigation," Complexity, Hindawi, vol. 2017, pages 1-23, December.
    37. Fehr, Hans & Wiegard, Wolfgang, 1996. "Numerische Gleichgewichtsmodelle: Grundstruktur, Anwendungen und Erkenntnisgehalt," Tübinger Diskussionsbeiträge 75, University of Tübingen, School of Business and Economics.
    38. Aggarwal, Raj & Long, Michael & Moore, Scott & Ervin, Danny, 1998. "Industry differences in NAFTA's impact on the valuation of U.S. companies," International Review of Financial Analysis, Elsevier, vol. 7(2), pages 137-152.
    39. Andreas Peichl & Thilo Schaefer, 2009. "FiFoSiM - an integrated tax benefit microsimulation and CGE model for Germany," International Journal of Microsimulation, International Microsimulation Association, vol. 2(1), pages 1-15.
    40. Enrique G. Mendoza & Martin Uribe, 1999. "Devaluation Risk and the Syndrome of Exchange-Rate-Based Stabilizations," NBER Working Papers 7014, National Bureau of Economic Research, Inc.
    41. International Monetary Fund, 2011. "Business Cycles in Emerging Markets: The Role of Durable Goods and Financial Frictions," IMF Working Papers 2011/133, International Monetary Fund.
    42. Olga Kiuila, 2001. "Computable Models of General Equilibrium (CGE)," Ekonomia journal, Faculty of Economic Sciences, University of Warsaw, vol. 4.
    43. Daniel Piazalo, 2000. "Poland's Membership in the European Union: An Analysis with a Dynamic Computable General Equilibrium (CGE) Model," LICOS Discussion Papers 8900, LICOS - Centre for Institutions and Economic Performance, KU Leuven.
    44. Bohringer, Christoph & Boeters, Stefan & Feil, Michael, 2005. "Taxation and unemployment: an applied general equilibrium approach," Economic Modelling, Elsevier, vol. 22(1), pages 81-108, January.
    45. Ben Hammouda, Hakim & Oulmane, Nassim & Bchir, Hédi & Sadni Jallab, Mustapha, 2006. "The Cost of non-Maghreb: Achieving the Gains from Economic Integration," MPRA Paper 13293, University Library of Munich, Germany.
    46. Böhringer, Christoph & Rutherford, Thomas Fox & Wiegard, Wolfgang, 2003. "Computable general equilibrium analysis: Opening a black box," ZEW Discussion Papers 03-56, ZEW - Leibniz Centre for European Economic Research.
    47. Wittwer, Glyn & Stringer, Randy, 2002. "Modelling the Impact of Environmental Policy Reforms on Water Markets and Irrigation Use in Australia," Conference papers 330982, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    48. Karingi, Stephen & Oulmane, Nassim & Lang, Rémi & Sadni Jallab, Mustapha & Perez, Romain, 2005. "Assessment of the impact of the Economic Partnership Agreement between the ECOWAS countries and the European Union," MPRA Paper 13292, University Library of Munich, Germany.
    49. Boeters, Stefan & Böhringer, Christoph & Feil, Michael, 2002. "Taxation and unemployment: an applied general equilibrium approach for Germany," ZEW Discussion Papers 02-39, ZEW - Leibniz Centre for European Economic Research.

  41. Patrick J. Kehoe & Timothy J. Kehoe, 1994. "Capturing NAFTA's impact with applied general equilibrium models," Quarterly Review, Federal Reserve Bank of Minneapolis, vol. 18(Spr), pages 17-34.

    Cited by:

    1. Trejos, Alberto & Ferreira, Pedro Cavalcanti, 2008. "Trade in intermediate goods and total factor productivity," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 676, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    2. Mercenier, Jean & Yeldan, Erinc, 1999. "A Plea For Greater Attention on the Data in Policy Analysis," Journal of Policy Modeling, Elsevier, vol. 21(7), pages 851-873, December.
    3. Kamil Yılmaz & Şule Özler, 2007. "Productivity response to reduction in trade barriers: Evidence from Turkish manufacturing plants," Koç University-TUSIAD Economic Research Forum Working Papers 0704, Koc University-TUSIAD Economic Research Forum.
    4. Pedro Cavalcanti Ferreira & Alberto Trejos, 2011. "Gains from Trade and Measured Total Factor Productivity," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 14(3), pages 496-510, July.
    5. Juyoung Cheong & Shino Takayama & Terence Yeo, 2013. "Preferential Trade Agreements and Welfare: General Equilibrium Analysis," Discussion Papers Series 482, School of Economics, University of Queensland, Australia.
    6. Temple, Jonathan & Satchi, Mathan, 2006. "Growth and Labour Markets in Developing Countries," CEPR Discussion Papers 5515, C.E.P.R. Discussion Papers.
    7. Susanto, Dwi & Rosson, C. Parr, III & Adcock, Flynn J., 2006. "Trade Creation and Trade Diversion in the North American Free Trade Agreement: The Case of Agricultural Sector," 2006 Annual meeting, July 23-26, Long Beach, CA 21357, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    8. Pedro Cavalcanti Ferreira & Alberto Trejos, 2008. "Trade in intermediate goods and total factor productivity," Working Papers 08_18, Universidade de São Paulo, Faculdade de Economia, Administração e Contabilidade de Ribeirão Preto.
    9. Qasmi, Bashir A. & Fausti, Scott W., 1994. "Capturing the Impacts of North American Free Trade Agreement on South Dakota's Economy," Economics Staff Papers 232355, South Dakota State University, Department of Economics.
    10. Nigel Grimwade & David G. Mayes & Jiao Wang, 2011. "Estimating the Effects of Integration," Chapters, in: Miroslav N. Jovanović (ed.), International Handbook on the Economics of Integration, Volume III, chapter 13, Edward Elgar Publishing.
    11. John Romalis, 2005. "NAFTA's and CUSFTA's Impact on International Trade," NBER Working Papers 11059, National Bureau of Economic Research, Inc.
    12. Shalah M. Mostashari, 2011. "Vertical specialization, intermediate tariffs, and the pattern of trade: assessing the role of tariff liberalization to U.S. bilateral trade 1989-2001," Globalization Institute Working Papers 71, Federal Reserve Bank of Dallas.
    13. Kimakova, Alena & Rajabiun, Reza, 1999. "An Applied General Equilibrium Analysis of EU Integration for Hungary and Slovakia," Transition Economics Series 9, Institute for Advanced Studies.
    14. Chomo, Grace V., 2002. "Free Trade Agreements Between Developing and Industrialized Countries: Comparing the U.S.-Jordan FTA with Mexico's Experience Under NAFTA," Working Papers 15868, United States International Trade Commission, Office of Economics.
    15. Taymaz, Erol & Yilmaz, Kamil, 2006. "Productivity and Trade Orientation: Turkish Manufacturing Industry Before and After the Customs Union," MPRA Paper 58843, University Library of Munich, Germany, revised 2007.
    16. Rock-Antoine Mehanna & Hannarong Shamsub, 2002. "Who Is Benefiting The Most From Nafta? An Intervention Time Series Analysis," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 27(2), pages 69-79, December.
    17. Esmael Adibi & James Doti, 2001. "The impact of NAFTA on California exports," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 7(1), pages 159-166, February.
    18. Cunha, Alexandre & Teixeira, Arilton, 2004. "The Impacts of Trade Blocks and Tax Reforms on the Brazilian Economy," Revista Brasileira de Economia - RBE, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil), vol. 58(3), July.
    19. Ferreira, Pedro Cavalcanti & Trejos, Alberto, 2001. "On the long run effects of barriers to trade," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 436, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    20. Lorenzo Caliendo & Fernando Parro, 2012. "Estimates of the Trade and Welfare Effects of NAFTA," NBER Working Papers 18508, National Bureau of Economic Research, Inc.
    21. Mr. Azim M Sadikov, 2008. "External Tariff Liberalization in CARICOM: A Commodity-Level Analysis," IMF Working Papers 2008/033, International Monetary Fund.
    22. Sangeeta Khorana & Badri G. Narayanan, 2017. "Modelling Effects of Tariff Liberalisation on India’s Key Export Sectors: Analysis of the EU–India Free Trade Agreement," Margin: The Journal of Applied Economic Research, National Council of Applied Economic Research, vol. 11(1), pages 1-22, February.
    23. Juyoung Cheong & Shino Takayama, 2014. "The Trade And Welfare Analysis Of The TPP," Discussion Papers Series 509, School of Economics, University of Queensland, Australia.
    24. Ferreira, Pedro Cavalcanti & Rossi Junior, José Luiz, 2001. "New evidence on trade liberalization and productivity growth," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 433, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    25. Arturo Pérez Mendoza, 2006. "Análisis del efecto económico de la aplicación de una medida de salvaguarda: el caso de la industria del triplay," Economía Mexicana NUEVA ÉPOCA, CIDE, División de Economía, vol. 0(1), pages 67-96, January-J.
    26. Michael A. Kouparitsas, 1997. "A dynamic macroeconomic analysis of NAFTA," Economic Perspectives, Federal Reserve Bank of Chicago, vol. 21(Jan), pages 14-35.
    27. Rodrigo Garcá-Verdú, 2005. "Factor Shares from Household Survey Data," DEGIT Conference Papers c010_057, DEGIT, Dynamics, Economic Growth, and International Trade.
    28. Bayar, Ali. & Diao, Xinshen & Yeldan, A. Erinc, 2000. "An intertemporal, multi-region general equilibrium model of agricultural trade liberalization in the South Mediterranean NICs, Turkey, and the European Union," TMD discussion papers 56, International Food Policy Research Institute (IFPRI).
    29. Mathan Satchi & Jonathan Temple, 2009. "Labor Markets and Productivity in Developing Countries," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 12(1), pages 183-204, January.
    30. Kondonassis, Alex J. & Malliaris, A. G., 1996. "NAFTA: Old and new lessons from theory and practice with economic integration," The North American Journal of Economics and Finance, Elsevier, vol. 7(1), pages 31-41.
    31. Aggarwal, Raj & Long, Michael & Moore, Scott & Ervin, Danny, 1998. "Industry differences in NAFTA's impact on the valuation of U.S. companies," International Review of Financial Analysis, Elsevier, vol. 7(2), pages 137-152.
    32. Magee, Christopher S.P., 2008. "New measures of trade creation and trade diversion," Journal of International Economics, Elsevier, vol. 75(2), pages 349-362, July.
    33. Sabine Mage-Bertomeu, 2006. "Les modèles d'équilibre général appliqués à la politique commerciale : développements récents," Revue d'économie politique, Dalloz, vol. 116(3), pages 357-381.
    34. Ferreira, Pedro Cavalcanti & Trejos, Alberto, 2010. "Gains from trade and measured total factor productivity," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 711, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    35. Juyoung Cheong & Shino Takayama, 2013. "Who Gains the Most in Preferential Trade Agreements?," Discussion Papers Series 475, School of Economics, University of Queensland, Australia.
    36. David M. Gould, 1998. "Has NAFTA changed North American trade?," Economic and Financial Policy Review, Federal Reserve Bank of Dallas, issue Q 1, pages 12-23.
    37. Michael A. Kouparitsas, 1998. "Dynamic trade liberalization analysis: steady state, transitional and inter-industry effects," Working Paper Series WP-98-15, Federal Reserve Bank of Chicago.

  42. Timothy J. Kehoe & David K. Levine, 1993. "Debt-Constrained Asset Markets," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 60(4), pages 865-888.
    See citations under working paper version above.
  43. Kehoe, Timothy J & Kiyotaki, Nobuhiro & Wright, Randall, 1993. "More on Money as a Medium of Exchange," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 3(2), pages 297-314, April.
    See citations under working paper version above.
  44. Backus, David K. & Kehoe, Patrick J. & Kehoe, Timothy J., 1992. "In search of scale effects in trade and growth," Journal of Economic Theory, Elsevier, vol. 58(2), pages 377-409, December.
    See citations under working paper version above.
  45. Kehoe, Timothy J & Levine, David K & Romer, Paul M, 1992. "On Characterizing Equilibria of Economies with Externalities and Taxes as Solutions to Optimization Problems," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 2(1), pages 43-68, January.
    See citations under working paper version above.
  46. Kehoe, Timothy J., 1992. "Gross substitutability and the weak axiom of revealed preference," Journal of Mathematical Economics, Elsevier, vol. 21(1), pages 37-50.

    Cited by:

    1. Jean-Sébastien Lenfant, 2018. "Substitutability and the Quest for Stability," Working Papers hal-01764115, HAL.
    2. Peters, Hans & Wakker, Peter, 1996. "Cycle-preserving extension of demand functions to new commodities," Journal of Mathematical Economics, Elsevier, vol. 25(3), pages 281-290.

  47. Kehoe, Timothy J. & Levine, David K. & Mas-Colell, Andreu & Woodford, Michael, 1991. "Gross substitutability in large-square economies," Journal of Economic Theory, Elsevier, vol. 54(1), pages 1-25, June.

    Cited by:

    1. Zhigang Feng & Matthew Hoelle, 2017. "Indeterminacy in stochastic overlapping generations models: real effects in the long run," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 63(2), pages 559-585, February.
    2. Hippolyte d'Albis & Emmanuelle Augeraud-Véron & Marie Bessec, 2004. "Démographie et fluctuations économiques," Post-Print hal-00630246, HAL.
    3. Hippolyte d'Albis & Emmanuelle Augeraud-Véron, 2013. "Frequency of trade and the determinacy of equilibrium in economies of overlapping generations," International Journal of Economic Theory, The International Society for Economic Theory, vol. 9(1), pages 85-100, March.
    4. Felix KUBLER & Karl SCHMEDDERS, 2010. "Life-Cycle Portfolio Choice, the Wealth Distribution and Asset Prices," Swiss Finance Institute Research Paper Series 10-21, Swiss Finance Institute.
    5. Hippolyte d'Albis & Emmanuelle Augeraud-Véron, 2013. "Frequency of trade and the determinacy of equilibrium in economies of overlapping generations," PSE - Labex "OSE-Ouvrir la Science Economique" hal-00759208, HAL.
    6. Gardini, Laura & Hommes, Cars & Tramontana, Fabio & de Vilder, Robin, 2009. "Forward and backward dynamics in implicitly defined overlapping generations models," Journal of Economic Behavior & Organization, Elsevier, vol. 71(2), pages 110-129, August.
    7. Azariadis, Costas & Bullard, James & Ohanian, Lee, 2004. "Trend-reverting fluctuations in the life-cycle model," Journal of Economic Theory, Elsevier, vol. 119(2), pages 334-356, December.
    8. Hippolyte D'Albis & Emmanuelle Augeraud-Veron, 2008. "Endogenous Retirement and Monetary Cycles," Mathematical Population Studies, Taylor & Francis Journals, vol. 15(4), pages 214-229.
    9. Augeraud-Véron, Emmanuelle & D'Albis, Hippolyte, 2009. "Continuous-Time Overlapping Generations Models," TSE Working Papers 09-047, Toulouse School of Economics (TSE).
    10. d'Albis, Hippolyte & Augeraud-Véron, Emmanuelle & Hupkes, Herman Jan, 2014. "Local Determinacy of Prices in an Overlapping Generations Model with Continuous Trading," MPRA Paper 59126, University Library of Munich, Germany.
    11. Kehoe, Timothy J. & Levine, David K., 1990. "The economics of indeterminacy in overlapping generations models," Journal of Public Economics, Elsevier, vol. 42(2), pages 219-243, July.
    12. Kiminori Matsuyama, 1989. "Serial Correlation of Sunspot Equilibria (Rational Bubbles) in Two Popular Models of Monetary Economies," Discussion Papers 827, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    13. Alexander Gorokhovsky & Anna Rubinchik, 2019. "Necessary and Sufficient Conditions for Determinacy of Asymptotically Stationary Equilibria in Olg Models," Cowles Foundation Discussion Papers 2179, Cowles Foundation for Research in Economics, Yale University.
    14. Felix Kubler & Johannes Brumm, 2013. "Applying Negishi's method to stochastic models with overlapping generations," 2013 Meeting Papers 1352, Society for Economic Dynamics.
    15. Hippolyte d'Albis & Emmanuelle Augeraud-véron, 2009. "Competitive Growth In A Life-Cycle Model: Existence And Dynamics," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 50(2), pages 459-484, May.
    16. Felix Kubler & Karl Schmedders, 2010. "Tackling Multiplicity of Equilibria with Gröbner Bases," Operations Research, INFORMS, vol. 58(4-part-2), pages 1037-1050, August.
    17. Orrego, Fabrizio, 2011. "Habit formation and sunspots in overlapping generations models," Working Papers 2011-013, Banco Central de Reserva del Perú.
    18. DEMICHELIS, Stefano & POLEMARCHAKIS, Heracles, 2000. "Life-span and the determinacy of equilibrium in economies of overlapping generations," LIDAM Discussion Papers CORE 2000034, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    19. Lakshmi K. Raut, 1996. "Two-sided altruism, Lindahl Equilibrium, and Pareto Optimality in Overlapping Generations Models," GE, Growth, Math methods 9604001, University Library of Munich, Germany.
    20. Orrego, Fabrizio, 2011. "Demografía y precios de activos," Revista Estudios Económicos, Banco Central de Reserva del Perú, issue 22, pages 83-101.
    21. James B. Bullard & John Duffy, 1993. "Learning in a large square economy," Working Papers 1994-013, Federal Reserve Bank of St. Louis.
    22. Bloise, Gaetano & Citanna, Alessandro, 2015. "Uniqueness of competitive equilibrium with solvency constraints under gross-substitution," Journal of Mathematical Economics, Elsevier, vol. 61(C), pages 287-295.
    23. Colucci, Domenico, 2003. "Steady states in the OLG model with seignorage and long-lived agents," Research in Economics, Elsevier, vol. 57(4), pages 371-381, December.
    24. Costas Azariadis & James B. Bullard & Lee E. Ohanian, 1998. "Complex eigenvalues and trend-reverting fluctuations," Staff Report 255, Federal Reserve Bank of Minneapolis.
    25. Hippolyte d'Albis & Emmanuelle Augeraud-Véron & Hermen Jan Hupkes, 2015. "Local determinacy of prices in an overlapping generations model with continuous trading," PSE - Labex "OSE-Ouvrir la Science Economique" hal-01175922, HAL.
    26. Zhigang Feng, 2013. "Tackling indeterminacy in overlapping generations models," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 77(3), pages 445-457, June.
    27. Ghiglino, Christian & Tvede, Mich, 1995. "Endowments, stability, and fluctuations in OG models," Journal of Economic Dynamics and Control, Elsevier, vol. 19(3), pages 621-653, April.
    28. Bar Light, 2020. "Uniqueness of equilibrium in a Bewley–Aiyagari model," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 69(2), pages 435-450, March.
    29. Magill, Michael & Quinzii, Martine, 2015. "Prices and investment with collateral and default," Journal of Economic Dynamics and Control, Elsevier, vol. 51(C), pages 111-132.
    30. Tvede, Mich, 2001. "Strong optimality in OG economies: convergence," Journal of Mathematical Economics, Elsevier, vol. 35(3), pages 419-425, June.
    31. Gaetano Bloise, 2013. "The structure of competitive equilibrium with unsecured debt," Departmental Working Papers of Economics - University 'Roma Tre' 0187, Department of Economics - University Roma Tre.
    32. Fabrizio Orrego, 2014. "Habit formation and indeterminacy in overlapping generations models," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 55(1), pages 225-241, January.

  48. Kehoe, Timothy J & Serra-Puche, Jaime, 1991. "A General Equilibrium Appraisal of Energy Policy in Mexico," Empirical Economics, Springer, vol. 16(1), pages 71-93.
    See citations under working paper version above.
  49. Kehoe, Timothy J. & Levine, David K., 1990. "The economics of indeterminacy in overlapping generations models," Journal of Public Economics, Elsevier, vol. 42(2), pages 219-243, July.
    See citations under working paper version above.
  50. Kehoe, Timothy J. & Levine, David K. & Romer, Paul M., 1990. "Determinacy of equilibria in dynamic models with finitely many consumers," Journal of Economic Theory, Elsevier, vol. 50(1), pages 1-21, February.
    See citations under working paper version above.
  51. Kehoe, Timothy J. & Levine, David K. & Mas-Colell, Andreu & Zame, William R., 1989. "Determinacy of equilibrium in large-scale economies," Journal of Mathematical Economics, Elsevier, vol. 18(3), pages 231-262, June.

    Cited by:

    1. Covarrubias, Enrique, 2008. "The number of equilibria of smooth infinite economies with separable utilities," MPRA Paper 11099, University Library of Munich, Germany.
    2. Covarrubias Enrique, 2011. "The Number of Equilibria of Smooth Infinite Economies," Working Papers 2011-02, Banco de México.
    3. Timothy J. Kehoe & David K. Levine & Paul Romer, 1990. "Determinacy of Equilibrium in Dynamic Models with Finitely Many Consumers," Levine's Working Paper Archive 165, David K. Levine.
    4. Accinelli, Elvio & Covarrubias, Enrique, 2013. "An extension of the Sard-Smale Theorem to domains with an empty interior," MPRA Paper 47404, University Library of Munich, Germany.
    5. Covarrubias, Enrique, 2008. "Determinacy of equilibria of smooth infinite economies," MPRA Paper 9437, University Library of Munich, Germany.
    6. Covarrubias Enrique, 2010. "Regular Infinite Economies," Working Papers 2010-03, Banco de México.
    7. d'Albis, Hippolyte & Augeraud-Véron, Emmanuelle & Hupkes, Herman Jan, 2014. "Local Determinacy of Prices in an Overlapping Generations Model with Continuous Trading," MPRA Paper 59126, University Library of Munich, Germany.
    8. Hippolyte d'Albis & Emmanuelle Augeraud-véron, 2009. "Competitive Growth In A Life-Cycle Model: Existence And Dynamics," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 50(2), pages 459-484, May.
    9. Chris Shannon & William R. Zame, 2002. "Quadratic Concavity and Determinacy of Equilibrium," Econometrica, Econometric Society, vol. 70(2), pages 631-662, March.
    10. Timothy J. Kehoe & David K. Levine & Andreu Mas-Colell & Michael Woodford, 1991. "Gross Substitutes in Large Square Economics," Levine's Working Paper Archive 2057, David K. Levine.
    11. DEMICHELIS, Stefano & POLEMARCHAKIS, Heracles, 2000. "Life-span and the determinacy of equilibrium in economies of overlapping generations," LIDAM Discussion Papers CORE 2000034, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    12. Smith, Peter, 1992. "Policy generating systems: Market forces and agricultural and rural development and research," Agricultural Systems, Elsevier, vol. 40(4), pages 311-332.
    13. Varada Rajan, Ashvin, 1997. "Generic properties of the core and equilibria of pure exchange economies," Journal of Mathematical Economics, Elsevier, vol. 27(4), pages 471-486, May.
    14. Garcia-Cutrin, Javier & Herves-Beloso, Carlos, 1993. "A Discrete Approach to Continuum Economies," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 3(3), pages 577-583, July.
    15. Hippolyte d'Albis & Emmanuelle Augeraud-Véron & Hermen Jan Hupkes, 2015. "Local determinacy of prices in an overlapping generations model with continuous trading," PSE - Labex "OSE-Ouvrir la Science Economique" hal-01175922, HAL.
    16. Kehoe, Timothy J & Levine, David K & Romer, Paul M, 1992. "On Characterizing Equilibria of Economies with Externalities and Taxes as Solutions to Optimization Problems," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 2(1), pages 43-68, January.
    17. Accinelli, Elvio & Covarrubias, Enrique, 2014. "Smooth economic analysis for general spaces of commodities," MPRA Paper 53222, University Library of Munich, Germany.
    18. Timothy J. Kehoe & David K. Levine & Paul Romer, 1989. "Steady States and Determinacy in Economies with Infinitely Lived Agents," Levine's Working Paper Archive 52, David K. Levine.

  52. Timothy Kehoe & Antonio Manresa & Clemente Polo & Ferrán Sancho, 1989. "Un análisis de equilibrio general de la reforma fiscal de 1986 en España," Investigaciones Economicas, Fundación SEPI, vol. 13(3), pages 337-385, September.

    Cited by:

    1. Francisco Javier de Miguel & Antonio Manresa, 2008. "Removal of farm subsidies in a regional economy: a computable general equilibrium analysis," Applied Economics, Taylor & Francis Journals, vol. 40(16), pages 2109-2120.
    2. Juan Dolado, 1999. "A Cost-Benefit Analysis of Going from Low Inflation to Price Stability in Spain," NBER Chapters, in: The Costs and Benefits of Price Stability, pages 95-132, National Bureau of Economic Research, Inc.
    3. Cho, Sang-Wook (Stanley) & Díaz, Julián P., 2013. "Trade integration and the skill premium: Evidence from a transition economy," Journal of Comparative Economics, Elsevier, vol. 41(2), pages 601-620.
    4. Sang-Wook (Stanley) Cho & Julian P. Diaz, 2008. "Welfare Impact of Trade Liberalization," Discussion Papers 2008-20, School of Economics, The University of New South Wales.
    5. Jaime Alonso-Carrera & Baltasar Manzano, 2002. "Análisis dinámico del coste de bienestar del sistema impositivo español. Una exploración cuantitativa," Working Papers 0207, Universidade de Vigo, Departamento de Economía Aplicada.

  53. Kehoe, Timothy J. & Noyola, Pedro Javier & Manresa, Antonio & Polo, Clemente & Sancho, Ferran, 1988. "A general equilibrium analysis of the 1986 tax reform in Spain," European Economic Review, Elsevier, vol. 32(2-3), pages 334-342, March.

    Cited by:

    1. Aleksandar Vasilev, 2017. "VAT Evasion in Bulgaria: A General-Equilibrium Approach," Review of Economics and Institutions, Università di Perugia, vol. 8(2).
    2. James Giesecke & Nhi Hoang Tran, 2009. "Modelling Value-Added Tax in the Presence of Multiproduction and Differentiated Exemptions," Centre of Policy Studies/IMPACT Centre Working Papers g-182, Victoria University, Centre of Policy Studies/IMPACT Centre.
    3. de Kam, C. A. & de Haan, J. & Giles, C. & Manresa, A. & Berenguer, E. & Calonge, S., 1996. "Who pays the taxes?," MPRA Paper 7146, University Library of Munich, Germany.
      • C. A. de Kam & J. de Haan & C. Giles & A. Manresa & E. Berenguer & S. Calonge & J. Merz, 1996. "Who pays the taxes?," FFB-Discussionpaper 18, Research Institute on Professions (Forschungsinstitut Freie Berufe (FFB)), LEUPHANA University Lüneburg.
    4. Kehoe, Timothy J., 2002. "An Evaluation of the Performance of Applied General Equilibrium Models of the Impact of NAFTA," Conference papers 331066, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    5. Shneidman, V.A., 1991. "The dynamics of unstable-state decay," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 174(2), pages 406-424.
    6. Casademunt, J. & Jimenez-Aquino, J.I. & Sancho, J.M., 1989. "NLRT formalism for transient stochastic dynamics," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 156(2), pages 628-650.
    7. Antonio Gómez Gómez-Plana & Pedro Pascual Arzoz, 2011. "Fraude fiscal e IVA en España: incidencia en un modelo de equilibrio general," Hacienda Pública Española / Review of Public Economics, IEF, vol. 199(4), pages 9-52, December.
    8. Timothy J. Kehoe, 1996. "Social accounting matrices and applied general equilibrium models," Working Papers 563, Federal Reserve Bank of Minneapolis.
    9. Aquino, J.I.Jimenez & Sancho, J.M. & Casademunt, J., 1993. "Non-linear relaxation time for stochastic processes driven by non-Gaussian noises. Decay of unstable states," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 195(1), pages 163-173.
    10. Kawasaki, Kenichi, 2005. "The Sectoral and Regional Implications of Trade Liberalization," Conference papers 331385, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    11. Atolia, Manoj & Yoshinori, Kurokawa, 2008. "Variety Trade and Skill Premium in a Calibrated General Equilibrium Model: The Case of Mexico," MPRA Paper 13698, University Library of Munich, Germany.
    12. Álvarez-Martínez, María Teresa & Polo, Clemente, 2012. "A general equilibrium assessment of external and domestic shocks in Spain," Economic Modelling, Elsevier, vol. 29(6), pages 2486-2493.
    13. Jason Nassios & John Madden & James Giesecke & Janine Dixon & Nhi Tran & Peter Dixon & Maureen Rimmer & Philip Adams & John Freebairn, 2019. "The economic impact and efficiency of state and federal taxes in Australia," Centre of Policy Studies/IMPACT Centre Working Papers g-289, Victoria University, Centre of Policy Studies/IMPACT Centre.
    14. James A. Giesecke & Nhi H. Tran, 2018. "The National and Regional Consequences of Australia's Goods and Services Tax," The Economic Record, The Economic Society of Australia, vol. 94(306), pages 255-275, September.
    15. Fehr, Hans & Rosenberg, Christoph B. & Wiegard, Wolfgang, 1991. "Value-added taxation in the EC after 1992: Some applied general equilibrium calculations," Discussion Papers, Series II 149, University of Konstanz, Collaborative Research Centre (SFB) 178 "Internationalization of the Economy".
    16. Ana-Isabel Guerra & Laura Varela-Candamio & Jesús López-Rodríguez, 2022. "Tax reforms in Spain: efficiency levels and distributional patterns," Economic Systems Research, Taylor & Francis Journals, vol. 34(1), pages 41-68, January.
    17. Clemente Polo & Elisabeth Valle, 2008. "A General Equilibrium Assessment of the Impact of a Fall in Tourism Under Alternative Closure Rules: the Case of the Balearic Islands," International Regional Science Review, , vol. 31(1), pages 3-34, January.
    18. Clemente Polo & Raimundo Viejo, 2015. "On The Accuracy Of Cge Forecasts In Expansion And Recession: Spain 1990--1997," Economic Systems Research, Taylor & Francis Journals, vol. 27(4), pages 525-542, December.
    19. Jason Nassios & James Giesecke, 2022. "Property Tax Reform: Implications for Housing Prices and Economic Productivity," Centre of Policy Studies/IMPACT Centre Working Papers g-330, Victoria University, Centre of Policy Studies/IMPACT Centre.
    20. Alexandre Gohin & Hervé Guyomard, 1999. "Agenda 2000, dairy policy instruments and farm milk price," Post-Print hal-01931591, HAL.

  54. Kehoe, Timothy J. & Serra-Puche, Jaime, 1986. "A general equilibrium analysis of price controls and subsidies on food in mexico," Journal of Development Economics, Elsevier, vol. 21(1), pages 65-87, April.

    Cited by:

    1. Antonio Yúnez-Naude, 1992. "El Tratado de Libre Comercio y la agricultura mexicana: un enfoque de equilibrio general aplicado," Estudios Económicos, El Colegio de México, Centro de Estudios Económicos, vol. 7(2), pages 225-264.
    2. Hansen, James Mark, 2000. "Agricultural and trade policy reform in Mexico: PROCAMPO, NAFTA, and pre-GATT," ISU General Staff Papers 2000010108000014902, Iowa State University, Department of Economics.
    3. Rodrigo Garcá-Verdú, 2005. "Factor Shares from Household Survey Data," DEGIT Conference Papers c010_057, DEGIT, Dynamics, Economic Growth, and International Trade.
    4. Nora Lustig, 2011. "Scholars Who Became Practitioners: the Influence of Research on the Design, Evaluation and Political Survival of Mexico's Anti-poverty Program Progresa/Oportunidades," Working Papers 1123, Tulane University, Department of Economics.

  55. Timothy J. Kehoe, 1985. "The Comparative Statics Properties of Tax Models," Canadian Journal of Economics, Canadian Economics Association, vol. 18(2), pages 314-334, May.

    Cited by:

    1. Jean Mercenier, 1994. "Nonuniqueness of solutions in applied general equilibrium models with scale economies and imperfect competition," Staff Report 183, Federal Reserve Bank of Minneapolis.
    2. John Whalley & Shunming Zhang, 2011. "Tax-induced multiple equilibria," Applied Economics Letters, Taylor & Francis Journals, vol. 18(15), pages 1469-1477.
    3. Jung-Yong Lee & Chang-Hyun Jin, 2019. "The Role of Ethical Marketing Issues in Consumer-Brand Relationship," Sustainability, MDPI, vol. 11(23), pages 1-21, November.
    4. Keshab Bhattarai, 2007. "Input–Output and General Equilibrium Models for Hull and Humber Region in England," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 35(4), pages 473-490, December.
    5. Loi, Andrea & Matta, Stefano, 2010. "A note on the structural stability of the equilibrium manifold," Journal of Mathematical Economics, Elsevier, vol. 46(4), pages 591-594, July.
    6. Kehoe, Timothy J & Levine, David K & Romer, Paul M, 1992. "On Characterizing Equilibria of Economies with Externalities and Taxes as Solutions to Optimization Problems," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 2(1), pages 43-68, January.

  56. Kehoe, Timothy J & Levine, David K, 1985. "Comparative Statics and Perfect Foresight in Infinite Horizon Economies," Econometrica, Econometric Society, vol. 53(2), pages 433-453, March.
    See citations under working paper version above.
  57. Timothy J. Kehoe, 1985. "Multiplicity of Equilibria and Comparative Statics," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 100(1), pages 119-147.

    Cited by:

    1. Hippolyte d'Albis, 2007. "Demographic structure and capital accumulation," Post-Print hal-00630200, HAL.
    2. Pascal Gauthier & Timothy J. Kehoe & Erwan Quintin, 2021. "Constructing Pure-Exchange Economies with Many Equilibria," Staff Report 631, Federal Reserve Bank of Minneapolis.
    3. Bodenstein, Martin, 2013. "Equilibrium stability in open economy models," Journal of Macroeconomics, Elsevier, vol. 35(C), pages 1-13.
    4. B. Grodal & W. Hildenbrand, 1989. "The Weak Axiom of Revealed Preference in a Productive Economy," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 56(4), pages 635-639.
    5. Azariadis, Costas & Bullard, James & Ohanian, Lee, 2004. "Trend-reverting fluctuations in the life-cycle model," Journal of Economic Theory, Elsevier, vol. 119(2), pages 334-356, December.
    6. Kiminori Matsuyama, 1991. "Increasing Returns, Industrialization, and Indeterminacy of Equilibrium," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 106(2), pages 617-650.
    7. Jean Mercenier, 1994. "Nonuniqueness of solutions in applied general equilibrium models with scale economies and imperfect competition," Staff Report 183, Federal Reserve Bank of Minneapolis.
    8. E. M. Bosker & Bastian Westbrock, 2014. "A theory of trade in a global production network," Working Papers 14-14, Utrecht School of Economics.
    9. Hefti, Andreas, 2016. "On the relationship between uniqueness and stability in sum-aggregative, symmetric and general differentiable games," Mathematical Social Sciences, Elsevier, vol. 80(C), pages 83-96.
    10. Giménez, Eduardo L., 2022. "Offer curves and uniqueness of competitive equilibrium," Journal of Mathematical Economics, Elsevier, vol. 98(C).
    11. Simone Landini & Mauro Gallegati & J. Barkley Rosser, 2020. "Consistency and incompleteness in general equilibrium theory," Journal of Evolutionary Economics, Springer, vol. 30(1), pages 205-230, January.
    12. Timothy J. Kehoe & David K. Levine, 1990. "Indeterminacy in Applied Intertemporal General Equilibrium Models," Levine's Working Paper Archive 2042, David K. Levine.
    13. Helgesen, Per Ivar & Tomasgard, Asgeir, 2018. "From linking to integration of energy system models and computational general equilibrium models – Effects on equilibria and convergence," Energy, Elsevier, vol. 159(C), pages 1218-1233.
    14. Naish, Howard F., 1995. "Keynesian real business cycles in a neoclassical framework," Journal of Economic Behavior & Organization, Elsevier, vol. 27(2), pages 183-211, July.
    15. Costas Arkolakis & Treb Allen, 2015. "Universal Gravity," 2015 Meeting Papers 28, Society for Economic Dynamics.
    16. Finn Christensen, 2017. "A Necessary and Sufficient Condition for a Unique Maximum with an Application to Potential Games," Working Papers 2017-04, Towson University, Department of Economics, revised Oct 2017.
    17. Timothy J. Kehoe & David K. Levine & Andreu Mas-Colell & Michael Woodford, 1991. "Gross Substitutes in Large Square Economics," Levine's Working Paper Archive 2057, David K. Levine.
    18. Fan-chin Kung, 2004. "Genericity analysis of split bifurcations," GE, Growth, Math methods 0410008, University Library of Munich, Germany, revised 24 Nov 2004.
    19. Timothy J. Kehoe & Nobuhiro Kiyotaki & Randall Wright, 1991. "More on money as a medium of exchange," Staff Report 140, Federal Reserve Bank of Minneapolis.
    20. Patrizio Bifulco & Jochen Gluck & Oliver Krebs & Bohdan Kukharskyy, 2022. "Single and Attractive: Uniqueness and Stability of Economic Equilibria under Monotonicity Assumptions," Papers 2209.02635, arXiv.org.
    21. Alan P. Kirman, 1992. "Whom or What Does the Representative Individual Represent?," Journal of Economic Perspectives, American Economic Association, vol. 6(2), pages 117-136, Spring.
    22. Toda, Alexis Akira, 2017. "Huggett economies with multiple stationary equilibria," Journal of Economic Dynamics and Control, Elsevier, vol. 84(C), pages 77-90.
    23. Michael Jerison & David Jerison, 1991. "Approximately Rational Consumer Demand," Discussion Papers 92-02, University at Albany, SUNY, Department of Economics.
    24. Thorsten Hens & Beate Pilgrim, 2004. "Sunspot equilibria and the transfer paradox," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 24(3), pages 583-602, October.
    25. Fan-chin Kung, 2004. "Bifurcations in regional migration dynamics," Urban/Regional 0409008, University Library of Munich, Germany, revised 12 Sep 2004.
    26. Saverio M. Fratini, 2008. "Economic Generality Versus Mathematical Genericity: Activity‐Level Indeterminacy And The Index Theorem In Constant Returns Production Economies," Metroeconomica, Wiley Blackwell, vol. 59(2), pages 266-275, May.
    27. Finn Christensen & Christopher Cornwell, 2016. "A Strong Correspondence Principle for Smooth, Monotone Environments," Working Papers 2016-05, Towson University, Department of Economics, revised Mar 2017.
    28. Alexis Akira Toda & Kieran James Walsh, 2017. "Edgeworth box economies with multiple equilibria," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 5(1), pages 65-80, April.
    29. John Chipman, 2010. "Multiple equilibrium under CES preferences," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 45(1), pages 129-145, October.
    30. Lutz Arnold, 2013. "Existence of equilibrium in the Helpman–Krugman model of international trade with imperfect competition," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 52(1), pages 237-270, January.
    31. W D A Bryant, 2009. "General Equilibrium:Theory and Evidence," World Scientific Books, World Scientific Publishing Co. Pte. Ltd., number 6875.
    32. Costas Azariadis & James B. Bullard & Lee E. Ohanian, 1998. "Complex eigenvalues and trend-reverting fluctuations," Staff Report 255, Federal Reserve Bank of Minneapolis.
    33. Yves Balasko & Octavio Tourinho, 2014. "Factor proportionality in multiple households closed CGE models: theory and illustrations," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 2(2), pages 119-136, October.
    34. Dohtani, Akitaka, 1998. "The system stability of dynamic processes," Journal of Mathematical Economics, Elsevier, vol. 29(2), pages 161-182, March.
    35. Bodenstein, Martin, 2011. "Closing large open economy models," Journal of International Economics, Elsevier, vol. 84(2), pages 160-177, July.
    36. Paul Oslington, 2012. "General Equilibrium: Theory and Evidence," The Economic Record, The Economic Society of Australia, vol. 88(282), pages 446-448, September.

  58. Kehoe, Timothy J. & Whalley, John, 1985. "Uniqueness of equilibrium in large-scale numerical general equilibrium models," Journal of Public Economics, Elsevier, vol. 28(2), pages 247-254, November.

    Cited by:

    1. M. Alejandro Cardenete & M. Carmen Lima & Ferran Sancho, 2012. "VALIDATING POLICY INDUCED ECONOMIC CHANGE USING SEQUENTIAL GENERAL EQUILIBRIUM SAMs," UFAE and IAE Working Papers 893.12, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
    2. CARDENETE M. Alejandro & SANCHO Ferran, 2010. "Sensitivity of Simulation Results to Competing SAM Updates," EcoMod2003 330700031, EcoMod.
    3. Dakhlia, Sami, 1999. "Testing for a unique equilibrium in applied general equilibrium models," Journal of Economic Dynamics and Control, Elsevier, vol. 23(9-10), pages 1281-1297, September.
    4. Jean Mercenier, 1994. "Nonuniqueness of solutions in applied general equilibrium models with scale economies and imperfect competition," Staff Report 183, Federal Reserve Bank of Minneapolis.
    5. John Whalley & Shunming Zhang, 2011. "Tax-induced multiple equilibria," Applied Economics Letters, Taylor & Francis Journals, vol. 18(15), pages 1469-1477.
    6. Mercenier, Jean, 1995. "Can "1992" reduce unemployment in Europe? On welfare and employment effects of Europe's move to a single market," Journal of Policy Modeling, Elsevier, vol. 17(1), pages 1-37, February.
    7. Whalley, John & Zhang, Shunming, 2014. "Parametric persistence of multiple equilibria in an economy directly calibrated to 5 equilibria," Economic Modelling, Elsevier, vol. 41(C), pages 356-364.
    8. Lutz Arnold, 2013. "Existence of equilibrium in the Helpman–Krugman model of international trade with imperfect competition," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 52(1), pages 237-270, January.
    9. Yves Balasko & Octavio Tourinho, 2014. "Factor proportionality in multiple households closed CGE models: theory and illustrations," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 2(2), pages 119-136, October.
    10. Sancho, Ferran, 2010. "Double dividend effectiveness of energy tax policies and the elasticity of substitution: A CGE appraisal," Energy Policy, Elsevier, vol. 38(6), pages 2927-2933, June.

  59. Kehoe, Timothy J. & Levine, David K., 1984. "Intertemporal separability in overlapping-generations models," Journal of Economic Theory, Elsevier, vol. 34(2), pages 216-226, December.
    See citations under working paper version above.
  60. Kehoe, Timothy J. & Serra-Puche, Jaime & Solis, Leopoldo, 1984. "A general equilibrium model of domestic commerce in Mexico," Journal of Policy Modeling, Elsevier, vol. 6(1), pages 1-28, February.

    Cited by:

    1. Schweickert, Rainer & Wiebelt, Manfred, 1996. "Finanzpolitik im Aufholprozeß: Lehren aus Europa, Lateinamerika und Asien," Open Access Publications from Kiel Institute for the World Economy 1689, Kiel Institute for the World Economy (IfW Kiel).
    2. Gaspar Núñez Rodríguez & Clemente Polo Andrés, 2008. "An applied general equilibrium analysis of fiscal reforms to fight poverty in Mexico," Ensayos Revista de Economia, Universidad Autonoma de Nuevo Leon, Facultad de Economia, vol. 0(1), pages 81-115, May.
    3. Atolia, Manoj & Yoshinori, Kurokawa, 2008. "Variety Trade and Skill Premium in a Calibrated General Equilibrium Model: The Case of Mexico," MPRA Paper 13698, University Library of Munich, Germany.
    4. Gaspar Núñez Rodríguez, 2015. "Modelo de equilibrio general aplicado para México y análisis de impuestos a la extracción de hidrocarburos," Ensayos Revista de Economia, Universidad Autonoma de Nuevo Leon, Facultad de Economia, vol. 0(1), pages 35-74, May.

  61. Kehoe, Timothy J., 1984. "Computing all of the equilibria of economies with two factors of production," Journal of Mathematical Economics, Elsevier, vol. 13(3), pages 207-223, December.

    Cited by:

    1. Yves Balasko & Octavio Tourinho, 2014. "Factor proportionality in multiple households closed CGE models: theory and illustrations," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 2(2), pages 119-136, October.

  62. Kehoe, Timothy J. & Levine, David K., 1984. "Regularity in overlapping generations exchange economies," Journal of Mathematical Economics, Elsevier, vol. 13(1), pages 69-93, April.
    See citations under working paper version above.
  63. Kehoe, Timothy J, 1983. "Regularity and Index Theory for Economies with Smooth Production Technologies," Econometrica, Econometric Society, vol. 51(4), pages 895-917, July.

    Cited by:

    1. Covarrubias Enrique, 2011. "The Number of Equilibria of Smooth Infinite Economies," Working Papers 2011-02, Banco de México.
    2. Elyès Jouini, 1992. "An Index Theorem for Nonconvex Production Economies," Post-Print halshs-00175857, HAL.
    3. Touhami Abdelkhalek & Jean-Marie Dufour, 1998. "Statistical Inference For Computable General Equilibrium Models, With Application To A Model Of The Moroccan Economy," The Review of Economics and Statistics, MIT Press, vol. 80(4), pages 520-534, November.
    4. Ivar Ekeland & Roger Guesnerie, 2010. "The geometry of global production and factor price equalisation," Post-Print halshs-00754427, HAL.
    5. Yves Balasko, 2013. "Heckscher-Ohlin explained by Walras," Textos para discussão 610, Department of Economics PUC-Rio (Brazil).
    6. Faruk Gul & David G. Pearce & Ennio Stacchetti, 1991. "A Bound of the Proportion of Pure Strategy Equilibria in Generic Games," Cowles Foundation Discussion Papers 981, Cowles Foundation for Research in Economics, Yale University.
    7. W D A Bryant, 2009. "General Equilibrium:Theory and Evidence," World Scientific Books, World Scientific Publishing Co. Pte. Ltd., number 6875.
    8. Paul Oslington, 2012. "General Equilibrium: Theory and Evidence," The Economic Record, The Economic Society of Australia, vol. 88(282), pages 446-448, September.

  64. Kehoe, Timothy J. & Serra-Puche, Jaime, 1983. "A computational general equilibrium model with endogenous unemployment : An analysis of the 1980 fiscal reform in Mexico," Journal of Public Economics, Elsevier, vol. 22(1), pages 1-26, October.

    Cited by:

    1. Manuel Alejandro Cardenete & Ferran Sancho, 2010. "The Role of Supply Constraints in Multiplier Analysis," Working Papers 432, Barcelona School of Economics.
    2. Pereira, Matheus Wemerson Gomes & Teixeira, Erly Cardoso, 2008. "Economic Impacts of Brazilian Indirect Tax Reduction: An analysis of the competitiveness within MERCOEURO," Working Papers in Applied Economics 53440, Universidade Federal de Vicosa, Departamento de Economia Rural.
    3. Sennoga, Edward B. & Matovu, John Mary & Twimukye, Evarist P., 2009. "Tax evasion and widening the tax base in Uganda," Research Series 54802, Economic Policy Research Centre (EPRC).
    4. Gaspar Núñez Rodríguez & Clemente Polo Andrés, 2008. "An applied general equilibrium analysis of fiscal reforms to fight poverty in Mexico," Ensayos Revista de Economia, Universidad Autonoma de Nuevo Leon, Facultad de Economia, vol. 0(1), pages 81-115, May.
    5. Vardges Hovhannisyan & Marin Bozic, 2017. "Price Endogeneity and Food Demand in Urban China," Journal of Agricultural Economics, Wiley Blackwell, vol. 68(2), pages 386-406, June.
    6. Hovhannisyan, Vardges & Bozic, Marin, 2014. "On Price Endogeneity in the Analysis of Food Demand in China," 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota 169767, Agricultural and Applied Economics Association.
    7. Mr. Andrew Feltenstein, 2000. "Bank Failures and Fiscal Austerity: Policy Presecriptions for a Developing Country," IMF Working Papers 2000/090, International Monetary Fund.
    8. Wenlang Zhang & Gaofeng Han & Steven Chan, 2014. "How Strong are the Linkages between Real Estate and Other Sectors in China?," Working Papers 112014, Hong Kong Institute for Monetary Research.
    9. James Alm & Keith Finlay, 2013. "Who Benefits from Tax Evasion?," Economic Analysis and Policy, Elsevier, vol. 43(2), pages 139-154, September.
    10. Markusen, James R. & Rutherford, Thomas F. & Hunter, Linda, 1995. "Trade liberalization in a multinational-dominated industry," Journal of International Economics, Elsevier, vol. 38(1-2), pages 95-117, February.
    11. Antonio Gómez Gómez-Plana & Pedro Pascual Arzoz, 2011. "Fraude fiscal e IVA en España: incidencia en un modelo de equilibrio general," Hacienda Pública Española / Review of Public Economics, IEF, vol. 199(4), pages 9-52, December.
    12. Kawasaki, Kenichi, 2005. "The Sectoral and Regional Implications of Trade Liberalization," Conference papers 331385, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    13. Lichtenberg, Erik & Strand, Ivar E., Jr., 2000. "Joint Adoption Of Multiple Technologies: A Dual, Latent Demand Approach," Working Papers 28566, University of Maryland, Department of Agricultural and Resource Economics.
    14. Duncan, Alan & Hutton, John & Laroui, Fouad & Ruocco, Anna, 1997. "The labour market effects of VAT harmonisation in a multicountry AGE model," Tübinger Diskussionsbeiträge 112, University of Tübingen, School of Business and Economics.
    15. Rodrigo Garcá-Verdú, 2005. "Factor Shares from Household Survey Data," DEGIT Conference Papers c010_057, DEGIT, Dynamics, Economic Growth, and International Trade.
    16. Hovhannisyan, Vardges & Bozic, Marin, 2013. "On Price Endogeneity in the Analysis of Food Demand in China," Staff Papers 159771, University of Minnesota, Department of Applied Economics.
    17. Kenneth A. Castellanos & Garth Heutel, 2019. "Unemployment, Labor Mobility, and Climate Policy," NBER Working Papers 25797, National Bureau of Economic Research, Inc.
    18. Chan, Steven & Han, Gaofeng & Zhang, Wenlang, 2016. "How strong are the linkages between real estate and other sectors in China?," Research in International Business and Finance, Elsevier, vol. 36(C), pages 52-72.
    19. Sang-Wook (Stanley) Cho & Julian P. Daz, "undated". "Skill premium divergence: the roles of trade, capital and demographics," Bank of Estonia Working Papers wp2018-01, Bank of Estonia.
    20. Clemente Polo & Elisabeth Valle, 2008. "A General Equilibrium Assessment of the Impact of a Fall in Tourism Under Alternative Closure Rules: the Case of the Balearic Islands," International Regional Science Review, , vol. 31(1), pages 3-34, January.

  65. Kehoe, Timothy J., 1982. "Regular production economies," Journal of Mathematical Economics, Elsevier, vol. 10(2-3), pages 147-176, September.

    Cited by:

    1. John Whalley & Shunming Zhang, 2011. "Tax-induced multiple equilibria," Applied Economics Letters, Taylor & Francis Journals, vol. 18(15), pages 1469-1477.
    2. Naoki Yoshihara & Se Ho Kwak, 2019. "Sraffian Indeterminacy in General Equilibrium Revisited," UMASS Amherst Economics Working Papers 2019-04, University of Massachusetts Amherst, Department of Economics.
    3. Whalley, John & Zhang, Shunming, 2014. "Parametric persistence of multiple equilibria in an economy directly calibrated to 5 equilibria," Economic Modelling, Elsevier, vol. 41(C), pages 356-364.
    4. Ivar Ekeland & Roger Guesnerie, 2010. "The geometry of global production and factor price equalisation," Post-Print halshs-00754427, HAL.
    5. Yoshihara, Naoki & Kwak, Se Ho, 2022. "Sraffian indeterminacy of steady-state equilibria in the Walrasian general equilibrium framework," Discussion Paper Series 734, Institute of Economic Research, Hitotsubashi University.
    6. Saverio M. Fratini, 2008. "Economic Generality Versus Mathematical Genericity: Activity‐Level Indeterminacy And The Index Theorem In Constant Returns Production Economies," Metroeconomica, Wiley Blackwell, vol. 59(2), pages 266-275, May.
    7. Faruk Gul & David G. Pearce & Ennio Stacchetti, 1991. "A Bound of the Proportion of Pure Strategy Equilibria in Generic Games," Cowles Foundation Discussion Papers 981, Cowles Foundation for Research in Economics, Yale University.
    8. Yves Balasko & Octavio Tourinho, 2014. "Factor proportionality in multiple households closed CGE models: theory and illustrations," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 2(2), pages 119-136, October.
    9. Michael Zierhut, 2021. "Generic regularity of differentiated product oligopolies," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 71(1), pages 341-374, February.

  66. Kehoe, Timothy J, 1980. "An Index Theorem for General Equilibrium Models with Production," Econometrica, Econometric Society, vol. 48(5), pages 1211-1232, July.
    See citations under working paper version above.

Software components

    Sorry, no citations of software components recorded.

Chapters

  1. Timothy J. Kehoe & David K. Levine, 2008. "Bankruptcy and Collateral in Debt Constrained Markets," Chapters, in: Roger E.A. Farmer (ed.), Macroeconomics in the Small and the Large, chapter 5, Edward Elgar Publishing.
    See citations under working paper version above.
  2. Kehoe, Timothy J., 1991. "Computation and multiplicity of equilibria," Handbook of Mathematical Economics, in: W. Hildenbrand & H. Sonnenschein (ed.), Handbook of Mathematical Economics, edition 1, volume 4, chapter 38, pages 2049-2144, Elsevier.
    See citations under working paper version above.
  3. Timothy J. Kehoe & David K. Levine & Paul M. Romer, 1989. "Steady States and Determinacy of Equilibria in Economies With Infinitely Lived Agents," Palgrave Macmillan Books, in: George R. Feiwel (ed.), Joan Robinson and Modern Economic Theory, chapter 18, pages 521-544, Palgrave Macmillan.

    Cited by:

    1. Manuel Santos & Salvador Ortigueira, "undated". "Equilibrium Dynamics in a Two-Sector Model with Taxes," Working Papers 2133332, Department of Economics, W. P. Carey School of Business, Arizona State University.
    2. Robert Becker, 2011. "Optimal Growth with Heterogeneous Agents and the Twisted Turnpike: An Example," CAEPR Working Papers 2011-008, Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington.
    3. Balasko, Yves, 1997. "Equilibrium analysis of the infinite horizon model with smooth discounted utility functions," Journal of Economic Dynamics and Control, Elsevier, vol. 21(4-5), pages 783-829, May.
    4. Balasko, Yves, 1997. "Pareto optima, welfare weights, and smooth equilibrium analysis," Journal of Economic Dynamics and Control, Elsevier, vol. 21(2-3), pages 473-503.

Books

  1. Timothy J. Kehoe & Edward C. Prescott, 2007. "Great depressions of the twentieth century," Monograph, Federal Reserve Bank of Minneapolis, number 2007gdott.
    See citations under working paper version above.
  2. Kehoe,Timothy J. & Srinivasan,T. N. & Whalley,John (ed.), 2005. "Frontiers in Applied General Equilibrium Modeling," Cambridge Books, Cambridge University Press, number 9780521825252.

    Cited by:

    1. Peter Dixon & Michael Jerie & Maureen Rimmer, 2016. "Modern Trade Theory for CGE Modelling: The Armington, Krugman and Melitz Models," Journal of Global Economic Analysis, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University, vol. 1(1), pages 1-110, June.
    2. Manuel Alejandro Cardenete & Ferran Sancho, 2010. "The Role of Supply Constraints in Multiplier Analysis," Working Papers 432, Barcelona School of Economics.
    3. Oscar Bajo-Rubio & Antonio G. Gómez-Plana, 2015. "Alternative Strategies to Reduce Public Deficits: Taxes vs. Spending," Journal of Applied Economics, Taylor & Francis Journals, vol. 18(1), pages 45-70, May.
    4. Eromenko, Igor, 2010. "Accession to the WTO. Computable General Equilibrium Analysis: the Case of Ukraine. Part II," MPRA Paper 67452, University Library of Munich, Germany.
    5. Fofana, Ismaël & Omolo, Miriam W. O. & Goundan, Anatole & Magne Domgho, Léa Vicky & Collins, Julia & Marti, Estefania, 2019. "NAIP toolkit for Malabo domestication: Economic modeling of agricultural growth and investment strategy, case study of Kenya," IFPRI discussion papers 1813, International Food Policy Research Institute (IFPRI).
    6. Dorothée Boccanfuso & Antonio Estache & Luc Savard, 2009. "Distributional impact of developed countries CC policies on Senegal : A macro-micro CGE application," Cahiers de recherche 09-11, Departement d'économique de l'École de gestion à l'Université de Sherbrooke.
    7. Dorothée Boccanfuso & Massa Coulibaly & Luc Savard & Govinda Timilsina, 2018. "Macroeconomic and Distributional Impacts of Jatropha Based Biodiesel in Mali," Economies, MDPI, vol. 6(4), pages 1-22, November.
    8. François Bourguignon & Amedeo Spadaro, 2003. "Les modèles de microsimulation dans l'analyse des politiques de redistribution : une brève présentation," Economie & Prévision, La Documentation Française, vol. 0(4), pages 231-238.
    9. Dorothée Boccanfuso & Antonio Estache & Luc Savard, 2009. "Electricity Reforms In Mali: A Macro–Micro Analysis Of The Effects On Poverty And Distribution," South African Journal of Economics, Economic Society of South Africa, vol. 77(1), pages 127-147, March.
    10. M. Alejandro Cardenete & M. Carmen Lima & Ferran Sancho, 2013. "Are There Key Sectors? An Appraisal Using Applied General Equilibrium," The Review of Regional Studies, Southern Regional Science Association, vol. 43(2,3), pages 111-129, Winter.
    11. Markusen, James R., 2013. "Expansion of trade at the extensive margin: A general gains-from-trade result and illustrative examples," Journal of International Economics, Elsevier, vol. 89(1), pages 262-270.
    12. Kyle Handley & Nuno Limão, 2012. "Trade and Investment under Policy Uncertainty: Theory and Firm Evidence," NBER Working Papers 17790, National Bureau of Economic Research, Inc.
    13. Gibson, Mark & Graciano, Tim, 2011. "Trade Models with Heterogeneous Firms: What About Importing?," MPRA Paper 33048, University Library of Munich, Germany.
    14. Boeters, Stefan & Feil, Michael, 2009. "Heterogeneous labour markets in a microsimulation-AGE model: application to welfare reform in Germany," ZEW Discussion Papers 08-043 [rev.], ZEW - Leibniz Centre for European Economic Research.
    15. M. Alejandro Cardenete & M. Carmen Lima & Ferran Sancho, 2012. "VALIDATING POLICY INDUCED ECONOMIC CHANGE USING SEQUENTIAL GENERAL EQUILIBRIUM SAMs," UFAE and IAE Working Papers 893.12, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
    16. Dorothee Boccanfuso & Antonio Estache & Luc Savard, 2011. "The Intra-country Distributional Impact of Policies to Fight Climate Change: A Survey," Journal of Development Studies, Taylor & Francis Journals, vol. 47(1), pages 97-117.
    17. Christophe Gouel & Cristina Mitaritonna & Maria Priscila Ramos, 2010. "The Art of Exceptions: Sensitive Products in the Doha Negotiations," Working Papers 2010-20, CEPII research center.
    18. Balistreri, Edward J. & Hillberry, Russell H. & Rutherford, Thomas F., 2011. "Structural estimation and solution of international trade models with heterogeneous firms," Journal of International Economics, Elsevier, vol. 83(2), pages 95-108, March.
    19. Horváth, Michal & Senaj, Matúš & Siebertová, Zuzana & Švarda, Norbert & Valachyová, Jana, 2019. "The end of the flat tax experiment in Slovakia: An evaluation using behavioural microsimulation in a dynamic macroeconomic framework," Economic Modelling, Elsevier, vol. 80(C), pages 171-184.
    20. Handley, Kyle, 2012. "Exporting under Trade Policy Uncertainty: Theory and Evidence," Working Papers 634, Research Seminar in International Economics, University of Michigan.
    21. Boeters, Stefan & Savard, Luc, 2011. "The labour market in CGE models," ZEW Discussion Papers 11-079, ZEW - Leibniz Centre for European Economic Research.
    22. Rodrigo Adao & Arnaud Costinot & Dave Donaldson, 2017. "Nonparametric Counterfactual Predictions in Neoclassical Models of International Trade," American Economic Review, American Economic Association, vol. 107(3), pages 633-689, March.
    23. Michal Horvath & Matus Senaj & Zuzana Siebertova & Norbert Svarda & Jana Valachyova, 2018. "Evaluating the Aggregate Effects of Tax and Benefit Reforms," Working Papers Working Paper No. 1/2018, Council for Budget Responsibility.
    24. Arief Yusuf & Budy Resosudarmo, 2015. "On the distributional impact of a carbon tax in developing countries: the case of Indonesia," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 17(1), pages 131-156, January.
    25. Arnaud Costinot & Andrés Rodríguez-Clare, 2013. "Trade Theory with Numbers: Quantifying the Consequences of Globalization," NBER Working Papers 18896, National Bureau of Economic Research, Inc.
    26. Brown, David P. & Eckert, Andrew, 2016. "Electricity Market Mergers with Endogenous Forward Contracting," Working Papers 2016-6, University of Alberta, Department of Economics.
    27. Hong, Chanyoung & Yang, Heewon & Hwang, Wonsik & Lee, Jeong-Dong, 2014. "Validation of an R&D-based computable general equilibrium model," Economic Modelling, Elsevier, vol. 42(C), pages 454-463.
    28. Kim Ruhl & Jack Rossbach & Timothy Kehoe, 2013. "Using the New Products Margin to Predict the Sectoral Impact of Trade Reform," 2013 Meeting Papers 1227, Society for Economic Dynamics.
    29. Elena G. Irwin & Andrew M. Isserman & Maureen Kilkenny & Mark D. Partridge, 2010. "A Century of Research on Rural Development and Regional Issues," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 92(2), pages 522-553.
    30. Müller, Kai-Uwe, 2014. "Analyzing economic policies that affect supply and demand: a structural model of productivity, labor supply and rationing," VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy 100471, Verein für Socialpolitik / German Economic Association.
    31. Laura Povoledo, 2017. "Modelling the sectoral allocation of labour in open economy models," Canadian Journal of Economics, Canadian Economics Association, vol. 50(3), pages 685-710, August.
    32. Hertel, Thomas W. & Winters, L. Alan, 2005. "Poverty Impacts of a WTO Agreement: Synthesis and Overview," Conference papers 331355, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    33. David Glotin & Cyril Bourgeois & Louis-Gaëtan Giraudet & Philippe Quirion, 2019. "Prediction is difficult, even when it's about the past: a hindcast experiment using Res-IRF, an integrated energy-economy model," Working Papers 2019.03, FAERE - French Association of Environmental and Resource Economists.
    34. Dorothée Boccanfuso & Luc Savard & Antonio Estache, 2013. "The Distributional Impact of Developed Countries’ Climate Change Policies on Senegal: A Macro-Micro CGE Application," Sustainability, MDPI, vol. 5(6), pages 1-24, June.
    35. Colombo, Giulia, 2008. "The Effects of DR-CAFTA in Nicaragua: A CGE-Microsimulation Model for Poverty and Inequality Analysis," Conference papers 331778, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    36. Okushima, Shinichiro & Tamura, Makoto, 2007. "Multiple calibration decomposition analysis: Energy use and carbon dioxide emissions in the Japanese economy, 1970-1995," Energy Policy, Elsevier, vol. 35(10), pages 5156-5170, October.
    37. Rodrigo Adão & Arnaud Costinot & Dave Donaldson, 2023. "Putting Quantitative Models to the Test: An Application to Trump’s Trade War," NBER Working Papers 31321, National Bureau of Economic Research, Inc.
    38. Robert W. Dimand, 2019. "Léon Walras, Irving Fisher and the Cowles Approach to General Equilibrium Analysis," Cowles Foundation Discussion Papers 2205, Cowles Foundation for Research in Economics, Yale University.
    39. Banerjee, Onil & Crossman, Neville & Vargas, Renato & Brander, Luke & Verburg, Peter & Cicowiez, Martin & Hauck, Jennifer & McKenzie, Emily, 2020. "Global socio-economic impacts of changes in natural capital and ecosystem services: State of play and new modeling approaches," Ecosystem Services, Elsevier, vol. 46(C).
    40. Carina Altreiter & Claudius Graebner & Stephan Puehringer & Ana Rogojanu & Georg Wolfmayr, 2023. "The three faces of competitization: From marketization to a multiplicity of competition," ICAE Working Papers 146, Johannes Kepler University, Institute for Comprehensive Analysis of the Economy.
    41. Eduardo Amaral Haddad & Edson Paulo Domingues & Fernando Salgueiro Perobelli & Eduardo Simões de Almeida & Carlos Roberto Azzoni & Joaquim J. M. & Guilhoto Fabio Kanczuk, 2010. "Impactos Econômicos Das Mudanças Climáticas No Brasil," Anais do XIV Semin·rio sobre a Economia Mineira [Proceedings of the 14th Seminar on the Economy of Minas Gerais], in: Anais do XIV Seminário sobre a Economia Mineira [Proceedings of the 14th Seminar on the Economy of Minas Gerais], Cedeplar, Universidade Federal de Minas Gerais.
    42. Gabriel Felbermayr & Rahel Aichele & Gabriel J. Felbermayr, 2014. "Transatlantic Free Trade: The View Point of Germany," CESifo Working Paper Series 5151, CESifo.
    43. Costas Arkolakis, 2010. "Market Penetration Costs and the New Consumers Margin in International Trade," Journal of Political Economy, University of Chicago Press, vol. 118(6), pages 1151-1199.
    44. Bliss, Christopher, 2007. "Trade, Growth, and Inequality," OUP Catalogue, Oxford University Press, number 9780199204649.
    45. Fenichel, Eli P. & Abbott, Joshua K., 2014. "Heterogeneity and the fragility of the first best: Putting the “micro” in bioeconomic models of recreational resources," Resource and Energy Economics, Elsevier, vol. 36(2), pages 351-369.
    46. Banerjee, Onil & Cicowiez, Martin & Vargas, Renato & Obst, Carl & Cala, Javier Rojas & Alvarez-Espinosa, Andrés Camilo & Melo, Sioux & Riveros, Leidy & Romero, Germán & Meneses, Diego Sáenz, 2021. "Gross domestic product alone provides misleading policy guidance for post-conflict land use trajectories in Colombia," Ecological Economics, Elsevier, vol. 182(C).
    47. Riccardo Magnani & Jean Mercenier, 2007. "On linking microsimulation and applied GE by exact aggregation of heterogeneous discrete-choice making agents," THEMA Working Papers 2007-06, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
    48. Carbone, Jared C. & Helm, Carsten & Rutherford, Thomas F., 2009. "The Case for International Emission Trade in the Absence of Cooperative Climate Policy," Publications of Darmstadt Technical University, Institute for Business Studies (BWL) 77402, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).
    49. Breinlich, Holger & Cuñat, Alejandro, 2010. "Trade liberalization and heterogeneous firm models: an evaluation using the Canada - US Free Trade Agreement," LSE Research Online Documents on Economics 28725, London School of Economics and Political Science, LSE Library.
    50. Hiroyuki SHIBUSAWA & Yuzuru MIYATA, 2011. "Evaluating The Dynamic And Spatial Economic Impacts Of An Earthquake: A Cge Application To Japan," Regional Science Inquiry, Hellenic Association of Regional Scientists, vol. 0(2), pages 13-25, December.
    51. Cristián Mardones Poblete, 2010. "Evaluando Reformas Tributarias en Chile con un Modelo CGE," Estudios de Economia, University of Chile, Department of Economics, vol. 37(2 Year 20), pages 243-284, December.
    52. Makoto Nakajima & José-Víctor Ríos-Rull, 2014. "Credit, Bankruptcy, and Aggregate Fluctuations," NBER Working Papers 20617, National Bureau of Economic Research, Inc.
    53. Sebastian Rausch & Thomas Rutherford, 2010. "Computation of Equilibria in OLG Models with Many Heterogeneous Households," Computational Economics, Springer;Society for Computational Economics, vol. 36(2), pages 171-189, August.
    54. Takashi Negishi, 2008. "Unnoticed predecessors of the early Negishi theorems," International Journal of Economic Theory, The International Society for Economic Theory, vol. 4(2), pages 167-173, June.
    55. Latorre, María C. & Bajo-Rubio, Oscar & Gómez-Plana, Antonio G., 2009. "The effects of multinationals on host economies: A CGE approach," Economic Modelling, Elsevier, vol. 26(5), pages 851-864, September.
    56. Oscar Bajo-Rubio & Antonio G. Gómez-Plana, 2018. "A multi-country analysis of austerity policies in the European Union," Working Papers 18-03, Asociación Española de Economía y Finanzas Internacionales.
    57. Gabriel Felbermayr, 2016. "Economic Analysis of TTIP," ifo Working Paper Series 215, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
    58. Javier Ferri & Antonio G. Gómez-Plana & Joan A. Martín-Montaner, 2006. "Illegal immigration booms and welfare in the host country," European Journal of Population, Springer;European Association for Population Studies, vol. 22(4), pages 353-370, December.
    59. Dixon, Peter B. & Rimmer, Maureen T., 2013. "Validation in Computable General Equilibrium Modeling," Handbook of Computable General Equilibrium Modeling, in: Peter B. Dixon & Dale Jorgenson (ed.), Handbook of Computable General Equilibrium Modeling, edition 1, volume 1, chapter 0, pages 1271-1330, Elsevier.
    60. Howard, Sam & Gow, Hamish R. & Ozer-Balli, Hatice, 2011. "New Zealand's Preferential Trading Arrangements: Implications for the New Zealand Dairy Industry," 2011 Conference, August 25-26, 2011, Nelson, New Zealand 115405, New Zealand Agricultural and Resource Economics Society.
    61. Jean-Marc Montaud & Mahamadou Roufahi Tankari, 2013. "When social goals meet economic goals: the double dividend of extending free access to healthcare in Uganda," Working papers of CATT hal-01880339, HAL.
    62. Pattanayak Subhrendu K. & Ross Martin T. & Depro Brooks M. & Bauch Simone C. & Timmins Christopher & Wendland Kelly J. & Alger Keith, 2009. "Climate Change and Conservation in Brazil: CGE Evaluation of Health and Wealth Impacts," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 9(2), pages 1-44, September.
    63. Peter B. Dixon & Maureen T. Rimmer, 2009. "Forecasting with a CGE model: does it work?," Centre of Policy Studies/IMPACT Centre Working Papers g-197, Victoria University, Centre of Policy Studies/IMPACT Centre.
    64. Brown, David P. & Eckert, Andrew, 2016. "Analyzing the Impact of Electricity Market Structure Changes and Mergers: The Importance of Forward Commitments," Working Papers 2016-8, University of Alberta, Department of Economics.
    65. Warren Young, 2008. "Negishi's contributions to the development of economic analysis: Research programs and outcomes," International Journal of Economic Theory, The International Society for Economic Theory, vol. 4(2), pages 151-165, June.
    66. Timothy J. Kehoe & Kim J. Ruhl, 2009. "How important is the new goods margin in international trade?," Staff Report 324, Federal Reserve Bank of Minneapolis.
    67. Claudius Graebner & Stephan Puehringer, 2021. "Competition universalism: Its historical origins and timely alternatives," ICAE Working Papers 125, Johannes Kepler University, Institute for Comprehensive Analysis of the Economy.
    68. Jared C. Carbone & Nicholas Rivers & Akio Yamazaki & Hidemichi Yonezawa, 2018. "Comparing applied general equilibrium and econometric estimates of the effect of an environmental policy shock," Working Papers 2018-02, Colorado School of Mines, Division of Economics and Business.
    69. T.N. Srinivasan, 2010. "Global Economic Institutional, Intellectual and Religious Contacts: A Brief History," Chapters, in: Robert E.B. Lucas & Lyn Squire & T. N. Srinivasan (ed.), Global Exchange and Poverty, chapter 1, Edward Elgar Publishing.
    70. Atolia, Manoj & Yoshinori, Kurokawa, 2008. "Variety Trade and Skill Premium in a Calibrated General Equilibrium Model: The Case of Mexico," MPRA Paper 13698, University Library of Munich, Germany.
    71. Okushima, Shinichiro & Tamura, Makoto, 2009. "A double calibration approach to the estimation of technological change," Journal of Policy Modeling, Elsevier, vol. 31(1), pages 119-125.
    72. Keane, Michael P., 2010. "Structural vs. atheoretic approaches to econometrics," Journal of Econometrics, Elsevier, vol. 156(1), pages 3-20, May.
    73. Keshav Dogra, 2024. "Paradoxes and Problems in the Causal Interpretation of Equilibrium Economics," Staff Reports 1093, Federal Reserve Bank of New York.
    74. Norbert Švarda & Jana Valachyová & Matúš Senaj & Michal Horváth & Zuzana Siebertová, 2018. "The end of the flat tax experiment in Slovakia: An evaluation using behavioural microsimulation linked with a dynamic macroeconomic framework," Discussion Papers 50, Central European Labour Studies Institute (CELSI).
    75. Gustavo HERNÁNDEZ, 2013. "Una resena de los efectos del Tratado de Libre Comercio entre Colombia y Estados Unidos," Archivos de Economía 11204, Departamento Nacional de Planeación.
    76. Cardenete, M.A. & López-Cabaco, R., 2021. "Economic and environmental impact of the new Mediterranean Rail Corridor in Andalusia: A dynamic CGE approach," Transport Policy, Elsevier, vol. 102(C), pages 25-34.
    77. Cuñat, Alejandro & Breinlich, Holger, 2013. "Tariffs, Trade and Productivity: A Quantitative Evaluation of Heterogeneous Firm Models," CEPR Discussion Papers 9579, C.E.P.R. Discussion Papers.
    78. Rodrigo Adão & Costas Arkolakis & Federico Esposito, 2019. "General Equilibrium Effects in Space: Theory and Measurement," NBER Working Papers 25544, National Bureau of Economic Research, Inc.
    79. Deppermann, Andre & Offermann, Frank & Grethe, Harald, 2016. "Redistributive effects of CAP liberalisation: From the sectoral level to the single farm," Journal of Policy Modeling, Elsevier, vol. 38(1), pages 26-43.
    80. Knobel, Alexander (Кнобель, Александр) & Sedalishchev, Vladimir (Седалищев, Владимир), 2017. "Risks and Benefits for EAEU from Various Integration Scenarios in Asia-Pacific Region [Риски И Выгоды Для Еаэс От Различных Сценариев Интеграции В Азиатско-Тихоокеанском Регионе]," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 2, pages 72-85, April.
    81. Francisco J. André & M. Alejandro Cardenete & Carlos Romero, 2007. "A goal programming approach for a joint design of macroeconomic and environmental policies: a methodological proposal and an application to the spanish economy," Working Papers 07.12, Universidad Pablo de Olavide, Department of Economics.
    82. Kim, Hyeongwoo & Thompson, Henry, 2009. "Factor Proportions Wages in a Structural Vector Autoregression," MPRA Paper 17798, University Library of Munich, Germany.
    83. Shin, Sangho & Balistreri, Edward J., 2022. "The other trade war: Quantifying the Korea–Japan trade dispute," Journal of Asian Economics, Elsevier, vol. 79(C).
    84. Jorgenson, Dale W. & Yun, Kun-Young, 2013. "Taxation, Efficiency and Economic Growth," Handbook of Computable General Equilibrium Modeling, in: Peter B. Dixon & Dale Jorgenson (ed.), Handbook of Computable General Equilibrium Modeling, edition 1, volume 1, chapter 0, pages 659-741, Elsevier.
    85. Suminori Tokunaga & Mitsuru Okiyama, 2017. "Impacts of industry clusters with innovation on the regional economy in Japanese depopulating society after the Great East Japan Earthquake," Asia-Pacific Journal of Regional Science, Springer, vol. 1(1), pages 99-131, April.
    86. Stéphane Bonhomme & Grégory Jolivet, 2005. "The Pervasive Absence of Compensating Differentials," Working Papers 2005-28, Center for Research in Economics and Statistics.
    87. Jonathan I. Dingel & Felix Tintelnot, 2020. "Spatial Economics for Granular Settings," NBER Working Papers 27287, National Bureau of Economic Research, Inc.
    88. Brandon Malloy, 2021. "Decomposing episodes of large growth in international trade," Review of International Economics, Wiley Blackwell, vol. 29(2), pages 228-267, May.
    89. Sustek, Roman, 2009. "Nonconvex Margins of Output Adjustment and Aggregate Fluctuations," MPRA Paper 17486, University Library of Munich, Germany.
    90. Kehoe, Timothy J. & Rossbach, Jack & Ruhl, Kim J., 2015. "Using the new products margin to predict the industry-level impact of trade reform," Journal of International Economics, Elsevier, vol. 96(2), pages 289-297.
    91. Eromenko, Igor, 2011. "Accession to the WTO. Computable General Equilibrium Analysis: the Case of Ukraine," MPRA Paper 67535, University Library of Munich, Germany.
    92. Simin SEURY, 2009. "Inward Foreign Investment, Corruption and Firm's Ability: Firm-level Evidence from the Transition Economies," EcoMod2009 21500083, EcoMod.
    93. María C. Latorre, 2009. "The economic analysis of multinationals and foreign direct investment: a review," Hacienda Pública Española / Review of Public Economics, IEF, vol. 191(4), pages 97-126, December.
    94. Dorothée BOCCANFUSO & Massa COULABY & Govinda R TIMILSINA & Luc SAVARD, 2010. "Economic and Distributional Impact of Bio-Fuels in Mali," EcoMod2010 259600032, EcoMod.
    95. Binjian, Binjian & Sakamoto, Hiroshi, 2013. "Market Reform and Income Distribution in China : A CGE–Microsimulation Approach," AGI Working Paper Series 2013-13, Asian Growth Research Institute.
    96. Robson, Edward N. & Wijayaratna, Kasun P. & Dixit, Vinayak V., 2018. "A review of computable general equilibrium models for transport and their applications in appraisal," Transportation Research Part A: Policy and Practice, Elsevier, vol. 116(C), pages 31-53.
    97. Dorothée Boccanfuso & Antonio Estache & Luc Savard, 2007. "Electricity Reforms in Senegal: A Macro–Micro Analysis of the Effects on Poverty and Distribution," Cahiers de recherche 07-12, Departement d'économique de l'École de gestion à l'Université de Sherbrooke.
    98. Bernard Hoekman & Douglas R Nelson, 2018. "Reflecting on populism and the economics of globalization," Journal of International Business Policy, Palgrave Macmillan, vol. 1(1), pages 34-43, June.
    99. Dennis Epple & Michael Peress & Holger Sieg, 2010. "Identification and Semiparametric Estimation of Equilibrium Models of Local Jurisdictions," American Economic Journal: Microeconomics, American Economic Association, vol. 2(4), pages 195-220, November.
    100. Latorre, María C. & Olekseyuk, Zoryana & Yonezawa, Hidemichi & Robinson, Sherman, 2020. "Making sense of Brexit losses: An in-depth review of macroeconomic studies," Economic Modelling, Elsevier, vol. 89(C), pages 72-87.
    101. Peter B. Dixon & Maureen T. Rimmer, 2010. "Validating a Detailed, Dynamic CGE Model of the USA," The Economic Record, The Economic Society of Australia, vol. 86(s1), pages 22-34, September.
    102. Abler, David G., 2006. "Approaches to Measuring the Effects of Trade Agreements," Commissioned Papers 140762, Canadian Agricultural Trade Policy Research Network.
    103. Fahman Fathurrahman & Bora Kat & Uğur Soytaṣ, 2017. "Simulating Indonesian fuel subsidy reform: a social accounting matrix analysis," Annals of Operations Research, Springer, vol. 255(1), pages 591-615, August.
    104. James B Davies, 2009. "Combining microsimulation with CGE and macro modelling for distributional analysis in developing and transition countries," International Journal of Microsimulation, International Microsimulation Association, vol. 2(1), pages 49-56.
    105. World Bank Group, 2016. "Global Economic Prospects, January 2016," World Bank Publications - Books, The World Bank Group, number 23435, December.
    106. Shikher, Serge, 2011. "Capital, technology, and specialization in the neoclassical model," Journal of International Economics, Elsevier, vol. 83(2), pages 229-242, March.
    107. Pham Van Ha & Hoa Thi Minh Nguyen & Tom Kompas & Tuong Nhu Che & Bui Trinh, 2015. "Rice Production, Trade and the Poor: Regional Effects of Rice Export Policy on Households in Vietnam," Journal of Agricultural Economics, Wiley Blackwell, vol. 66(2), pages 280-307, June.
    108. Dean Baker & David Rosnick, 2016. "Trade and Jobs: Can We Trust the Models?," CEPR Reports and Issue Briefs 2016-05, Center for Economic and Policy Research (CEPR).
    109. Aaditya Mattoo & Arvind Subramanian & Dominique Mensbrugghe & Jianwu He, 2013. "Trade effects of alternative carbon border-tax schemes," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 149(3), pages 587-609, September.
    110. Timothy J. Kehoe & Pau S. Pujolas & Jack Rossbach, 2018. "Improving the Analysis of Trade Policy," Economic Policy Paper 18-1, Federal Reserve Bank of Minneapolis.
    111. Gibson, Mark J. & Graciano, Tim A., 2012. "Trade Engagement and Producer Performance," 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington 124833, Agricultural and Applied Economics Association.
    112. Banerjee, Onil & Cicowiez, Martin & Horridge, Mark & Vargas, Renato, 2019. "Evaluating synergies and trade-offs in achieving the SDGs of zero hunger and clean water and sanitation: An application of the IEEM Platform to Guatemala," Ecological Economics, Elsevier, vol. 161(C), pages 280-291.
    113. Ahmed, Vaqar & O' Donoghue, Cathal, 2007. "CGE-Microsimulation Modelling: A Survey," MPRA Paper 9307, University Library of Munich, Germany.
    114. Douillet, Mathilde, 2012. "Trade policy reforms in the new agricultural context: Is regional integration a priority for Sub-Saharan African countries agricultural-led industrialization? Insights from a global computable general," 2012 Conference, August 18-24, 2012, Foz do Iguacu, Brazil 126546, International Association of Agricultural Economists.
    115. Federica Barzi, 2000. "Finance and Growth: A Micro-founded Approach," Regional and Urban Modeling 283600006, EcoMod.
    116. Koesler, Simon, 2014. "Specifying parameters in computable general equilibrium models using optimal fingerprint detection methods," ZEW Discussion Papers 14-092, ZEW - Leibniz Centre for European Economic Research.
    117. Devarajan, Shantayanan & Robinson, Sherman, 2013. "Contribution of Computable General Equilibrium Modeling to Policy Formulation in Developing Countries," Handbook of Computable General Equilibrium Modeling, in: Peter B. Dixon & Dale Jorgenson (ed.), Handbook of Computable General Equilibrium Modeling, edition 1, volume 1, chapter 0, pages 277-301, Elsevier.
    118. Verikios, George & Zhang, Xiao-guang, 2013. "Structural change in the Australian electricity industry during the 1990s and the effect on household income distribution: A macro–micro approach," Economic Modelling, Elsevier, vol. 32(C), pages 564-575.
    119. Скрыпник Д.В., 2016. "Макроэкономическая Модель Российской Экономики," Журнал Экономика и математические методы (ЭММ), Центральный Экономико-Математический Институт (ЦЭМИ), vol. 52(3), pages 92-113, июль.
    120. Boeters, Stefan & Savard, Luc, 2013. "The Labor Market in Computable General Equilibrium Models," Handbook of Computable General Equilibrium Modeling, in: Peter B. Dixon & Dale Jorgenson (ed.), Handbook of Computable General Equilibrium Modeling, edition 1, volume 1, chapter 0, pages 1645-1718, Elsevier.
    121. Turid Avitsland & Jorgen Aasness, 2006. "Combining microsimulation and CGE models: Effects on equality of VAT reforms," Computing in Economics and Finance 2006 132, Society for Computational Economics.
    122. Dorothée Boccanfuso & Antonio Estache & Luc Savard, 2008. "Distributional impact of global warming environmental policies: A survey," Cahiers de recherche 08-14, Departement d'économique de l'École de gestion à l'Université de Sherbrooke.

IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.