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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. 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
  2. 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
  3. 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
  4. 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
  5. 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
  6. 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
  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. Juan Carlos Conesa & Timothy J. Kehoe, 2023. "Preemptive Austerity with Rollover Risk," Staff Report 654, Federal Reserve Bank of Minneapolis.

    Cited by:

    1. Mauricio Barbosa-Alves & Javier Bianchi & César Sosa-Padilla, 2024. "International Reserve Management under Rollover Crises," Working Papers 321, Red Nacional de Investigadores en Economía (RedNIE).

  2. 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. Jean-Paul Barinci & Hye-Jin Cho & Jean-Pierre Drugeon, 2025. "On the convergence criterion in three-period lived overlapping generations models," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 80(2), pages 541-563, September.
    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.
    3. Won, Dong Chul, 2023. "A new approach to the uniqueness of equilibrium with CRRA preferences," Journal of Economic Theory, Elsevier, vol. 208(C).
    4. Sofia B. S. D. Castro & Peter B. Gothen, 2025. "Walrasian equilibria are almost always finite in number," Papers 2510.25738, arXiv.org.

  3. 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. Fernández-Villaverde, Jesús & Ventura, Gustavo & Yao, Wen, 2025. "The wealth of working nations," European Economic Review, Elsevier, vol. 173(C).
    2. Lucas Ordóñez, 2025. "The Transmission of Supply Shocks to Inflation: the Case of Argentina (2004-2022)," Working Papers 351, Red Nacional de Investigadores en Economía (RedNIE).
    3. 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.
    4. Palazzo, Gabriel & Rapetti, Martin & Waldman, Joaquin, 2025. "Stabilization programs in chronic-inflation countries: Evidence from Latin America," MPRA Paper 123716, University Library of Munich, Germany.

  4. Carlos Esquivel & Timothy J. Kehoe & Juan Pablo Nicolini, 2020. "Lessons from the Monetary and Fiscal History of Latin America," Staff Report 608, Federal Reserve Bank of Minneapolis.

    Cited by:

    1. Fernández-Villaverde, Jesús & Ventura, Gustavo & Yao, Wen, 2025. "The wealth of working nations," European Economic Review, Elsevier, vol. 173(C).
    2. Lucas Ordóñez, 2025. "The Transmission of Supply Shocks to Inflation: the Case of Argentina (2004-2022)," Working Papers 351, Red Nacional de Investigadores en Economía (RedNIE).
    3. Palazzo, Gabriel & Rapetti, Martin & Waldman, Joaquin, 2025. "Stabilization programs in chronic-inflation countries: Evidence from Latin America," MPRA Paper 123716, University Library of Munich, Germany.

  5. 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. John Bailey Jones & Yue Li, 2020. "Social Security Reform with Heterogeneous Mortality," Working Paper 20-09, Federal Reserve Bank of Richmond.
    2. Heer, Burkhard & Polito, Vito & Wickens, Michael R., 2020. "Population aging, social security and fiscal limits," Journal of Economic Dynamics and Control, Elsevier, vol. 116(C).
    3. Cooley, Thomas F. & Henriksen, Espen & Nusbaum, Charlie, 2024. "Demographic obstacles to European growth," European Economic Review, Elsevier, vol. 169(C).
    4. 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. Díaz-Giménez, Javier & Díaz-Saavedra, Julián, 2025. "Public pensions reforms: Financial and political sustainability," European Economic Review, Elsevier, vol. 175(C).
    6. 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.
    7. 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.
    8. 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.).
    9. 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.
    10. Burkhard Heer & Vito Polito & Mike Wickens & Michael R. Wickens, 2023. "Pension Systems (Un)sustainability and Fiscal Constraints: A Comparative Analysis," CESifo Working Paper Series 10487, CESifo.

  6. 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. César Martinelli & Marco Vega, 2019. "The Economic Legacy of General Velasco: Long-Term Consequences of Interventionism," Revista Economía, Fondo Editorial - Pontificia Universidad Católica del Perú, vol. 42(84), pages 102-133.
    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.

  7. 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. Chen, Xiaodong & Lin, Yatang & Zhu, Pengyu, 2025. "The impact of rainfall on productivity: Implications for Chinese manufacturing," Journal of Comparative Economics, Elsevier, vol. 53(2), pages 389-411.
    2. 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.
    3. Benoit Dostie & Genevieve Dufour, 2024. "Évolution de la distribution de la productivité des entreprises québécoises entre 2005 et 2019," CIRANO Project Reports 2024rp-19, CIRANO.
    4. Guriev, Sergei & Aghion, Philippe & Jo, Kangchul, 2019. "Chaebols and firm dynamics in Korea," CEPR Discussion Papers 13825, C.E.P.R. Discussion Papers.
    5. Huang, Qing & Wang, Ruixin & Xie, Yu & Zhang, Xiaobo, 2025. "Profiling Chinese entrepreneurs," China Economic Review, Elsevier, vol. 92(C).
    6. Liu, Yue & Luo, Rong, 2024. "Entry cost, fixed cost and markup: Theory and evidence from the impact of corruption on prices," Economic Modelling, Elsevier, vol. 139(C).
    7. Yang, Xiaoying & Jiang, Bo & Bai, Ye & Fu, Liang & Liu, Bozhen, 2025. "Misallocation in China: Evidence from China's business registration reform," China Economic Review, Elsevier, vol. 93(C).
    8. 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.
    9. 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.
    10. Jose Asturias & Sewon Hur & Timothy J. Kehoe & Kim J. Ruhl, 2016. "The Interaction and Sequencing of Policy Reforms," NBER Working Papers 21840, National Bureau of Economic Research, Inc.
    11. 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.
    12. Helu Jiang & Yu Zheng & Lijun Zhu, 2024. "Entry Barriers And Growth: The Role Of Endogenous Market Structure," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 65(3), pages 1221-1248, August.
    13. Marta Aloi & Huw Dixon & Anthony Savagar, 2018. "Labor Responses, Regulation and Business Churn in a Small Open Economy," Studies in Economics 1804, School of Economics, University of Kent.
    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. Younjun Kim & Peter F. Orazem, 2025. "What increases the urban–rural gap in firm entry rates?," Small Business Economics, Springer, vol. 65(2), pages 1141-1158, August.
    16. Germán Gutiérrez & Callum Jones & Mr. Thomas Philippon, 2019. "Entry Costs and the Macroeconomy," IMF Working Papers 2019/233, International Monetary Fund.
    17. Chen, Ming & Chen, Wen & Feng, Ling & Li, Zhiyuan & Swenson, Deborah L., 2026. "The chilling effects of unsuccessful antidumping investigations on firm export dynamics," Journal of Development Economics, Elsevier, vol. 178(C).
    18. Katharina Erhardt & Simon Haenni, 2021. "The Cultural Roots of Firm Entry, Exit, and Growth," CESifo Working Paper Series 9198, CESifo.
    19. Beatriz González & Enrique Moral-Benito & Isabel Soler, 2023. "Schumpeter meets Goldilocks: the scarring effects of firm destruction," SERIEs: Journal of the Spanish Economic Association, Springer;Spanish Economic Association, vol. 14(3), pages 555-577, December.
    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. Chuantao Cui & Leona Shao-Zhi Li, 2024. "More but not better: Career incentives of local leaders and entrepreneurial entry in China," Working Papers 202417, University of Macau, Faculty of Business Administration.
    24. Yang, Zhijiu & Ding, Hai, 2024. "Turning a blind eye: How local government fiscal distress affects the entry of energy-intensive enterprises," Energy Economics, Elsevier, vol. 138(C).
    25. Lee,Yoonsoo, 2020. "Long-Term Shifts in Korean Manufacturing and Plant-Level Productivity Dynamics," Policy Research Working Paper Series 9279, The World Bank.
    26. 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.
    27. 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.
    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).
    29. Lei Fang & Berthold Herrendorf, 2019. "High-Skilled Services and Development in China," FRB Atlanta Working Paper 2019-21, Federal Reserve Bank of Atlanta.
    30. Siavash Mohades & Giulia Piccillo & Maria Savona & Tania Treibich, 2025. "Firms’ Investment and Capacity Utilisation: The Role of Financial Constraints and Uncertainty," CESifo Working Paper Series 12108, CESifo.
    31. 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.
    32. 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.
    33. 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.
    34. 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.
    35. Faisal Sohail, 2018. "Employer Size and Spinout Dynamics," 2018 Meeting Papers 274, Society for Economic Dynamics.
    36. Rossi, Lorenza & Zanetti Chini, Emilio, 2021. "Temporal disaggregation of business dynamics: New evidence for U.S. economy," Journal of Macroeconomics, Elsevier, vol. 69(C).
    37. Zhang, Lini, 2018. "Credit crunches, individual heterogeneity and the labor wedge," Journal of Macroeconomics, Elsevier, vol. 56(C), pages 65-88.
    38. 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.
    39. 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.

  8. Victor Leão Borges de Almeida & Carlos Esquivel & Juan Pablo Nicolini & Timothy Kehoe, 2018. "Did the 1980s in Latin America Need to Be a Lost Decade?," 2018 Meeting Papers 829, Society for Economic Dynamics.

    Cited by:

    1. Singh, Anurag, 2024. "Clustered sovereign defaults," Journal of International Economics, Elsevier, vol. 152(C).

  9. 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. Manuel García-Santana & Enrique Moral-Benito & Josep Pijoan-Mas & Roberto Ramos, 2016. "Growing like Spain: 1995-2007," Working Papers 888, Barcelona School of Economics.
    2. 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.
    3. Gálvez-Iniesta, Ismael, 2024. "The role of immigration in a deep recession," European Economic Review, Elsevier, vol. 168(C).
    4. Juan Carlos Conesa & Pau S. Pujolas, 2017. "The Canadian Productivity Stagnation, 2002-2014," Department of Economics Working Papers 2017-04, McMaster University, revised Sep 2017.
    5. 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.
    6. Enrique Mendoza, 2017. "Optimal Domestic (and External) Sovereign Default," 2017 Meeting Papers 279, Society for Economic Dynamics.
    7. 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.
    8. 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.
    9. Antonia Diaz & Luis Franjo, 2014. "Capital goods, measured TFP and growth: The case of Spain," Working Papers 201401, Center for Fiscal Policy, Swiss Federal Institute of Technology Lausanne, revised Oct 2014.
    10. Cheuk Yin Ho, 2007. "Illegal migration and economic growth: simulation analysis in an international context," Economics Bulletin, AccessEcon, vol. 6(41), pages 1-13.
    11. Enrique Moral-Benito, 2018. "Growing by learning: firm-level evidence on the size-productivity nexus," SERIEs: Journal of the Spanish Economic Association, Springer;Spanish Economic Association, vol. 9(1), pages 65-90, March.
    12. Duernecker, Georg & Herrendorf, Berthold, 2018. "On the allocation of time – A quantitative analysis of the roles of taxes and productivities," European Economic Review, Elsevier, vol. 102(C), pages 169-187.
    13. Ceyhun Elgin & Deniz Cicek, 2009. "Not-Quite-Great Depressions of Turkey: A Quantitative Analysis of Economic Growth over 1968 - 2004," 2009 Meeting Papers 407, Society for Economic Dynamics.
    14. 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.
    15. Dalton, John, 2012. "The Evolution of Taxes and Hours Worked in Austria, 1970-2005," MPRA Paper 48222, University Library of Munich, Germany.
    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. 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.

  10. 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. Svetlana Pashchenko & Ponpoje Porapakkarm, 2025. "Saving Motives over the Life-Cycle," Working Papers 2025-008, Human Capital and Economic Opportunity Working Group.
    2. Kyle F. Herkenhoff & Gajendran Raveendranathan, 2019. "Who Bears the Welfare Costs of Monopoly? The Case of the Credit Card Industry," Department of Economics Working Papers 2019-13, McMaster University.
    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. 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.
    5. Job Boerma & Ellen McGrattan, 2018. "Health Capital Taxation," 2018 Meeting Papers 204, Society for Economic Dynamics.
    6. 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).
    7. Bloom, David E. & Kuhn, Michael & Prettner, Klaus, 2018. "Health and Economic Growth," IZA Discussion Papers 11939, Institute of Labor Economics (IZA).
    8. 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).
    9. 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).
    10. John Bailey Jones & Mariacristina De Nardi & Eric French & Rory McGee & Justin Kirschner, 2018. "The Lifetime Medical Spending of Retirees," NBER Working Papers 24599, National Bureau of Economic Research, Inc.
    11. Juan Carlos Conesa & Timothy J. Kehoe & Vegard M. Nygaard & Gajendran Raveendranathan, 2019. "Implications of Increasing College Attainment for Aging in General Equilibrium," Department of Economics Working Papers 2019-05, McMaster University.
    12. Frankovic, Ivan & Kuhn, Michael, 2023. "Health insurance, endogenous medical progress, health expenditure growth, and welfare," Journal of Health Economics, Elsevier, vol. 87(C).
    13. Bairoliya, Neha & İmrohoroğlu, Ayşe, 2023. "Macroeconomic consequences of stay-at-home policies during the COVID-19 pandemic," European Economic Review, Elsevier, vol. 152(C).
    14. 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.
    15. Kelly, Mark & Kuhn, Michael, 2022. "Congestion in a public health service: A macro approach," Journal of Macroeconomics, Elsevier, vol. 74(C).
    16. Taiyo Fukai & Hidehiko Ichimura & Sagiri Kitao & Minamo Mikoshiba, 2025. "Medical expenditures over the life-cycle: persistent risks and insurance," The Japanese Economic Review, Springer, vol. 76(2), pages 285-336, April.
    17. Alvaro Janez, 2025. "Means-Tested Programs and Interstate Migration in the United States," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 55, January.
    18. Getachew, Yoseph, 2024. "Effects of higher education subsidies on equity and efficiency across developmental stages," Economic Modelling, Elsevier, vol. 136(C).
    19. Hagiwara, Reona, 2024. "Welfare effects of health insurance reform: The role of elastic medical demand," Economic Modelling, Elsevier, vol. 141(C).
    20. Fehr, Hans & Feldman, Maria, 2024. "Financing universal health care: Premiums or payroll taxes?," European Economic Review, Elsevier, vol. 166(C).
    21. 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.
    22. 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.
    23. 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.
    24. Reona Hagiwara, 2025. "Macroeconomic and welfare effects of family policy: cash transfers vs in-kind benefits," The Japanese Economic Review, Springer, vol. 76(2), pages 375-427, April.
    25. Jung, Juergen & Tran, Chung, 2022. "Social health insurance: A quantitative exploration," Journal of Economic Dynamics and Control, Elsevier, vol. 139(C).
    26. 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.

  11. 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, 2017. "The Canadian Productivity Stagnation, 2002-2014," Department of Economics Working Papers 2017-04, McMaster University, revised Sep 2017.

  12. 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. 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.
    2. Scott French, 2017. "Comparative Advantage and Biased Gravity," Discussion Papers 2017-03, School of Economics, The University of New South Wales.
    3. Diego Restuccia & Richard Rogerson, 2017. "The Causes and Costs of Misallocation," NBER Working Papers 23422, National Bureau of Economic Research, Inc.
    4. 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.
    5. Thomas Sampson, 2017. "Brexit: The Economics of International Disintegration," Journal of Economic Perspectives, American Economic Association, vol. 31(4), pages 163-184, Fall.
    6. 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.
    7. Lise Patureau & Céline Poilly, 2018. "Reforms and the Real Exchange Rate: The Role of Pricing-to-Market," Working Papers halshs-01936854, HAL.
    8. Pau S. Pujolas & Jack Rossbach, 2025. "How Should Canada React to the Looming U.S. Trade War?," Department of Economics Working Papers 2025-01, McMaster University.
    9. 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.
    10. Dhingra, Swati & Freeman, Rebecca & Huang, Hanwei, 2021. "The impact of non-tariff barriers on trade and welfare," LSE Research Online Documents on Economics 121869, London School of Economics and Political Science, LSE Library.
    11. Rodrigo Adão & Arnaud Costinot & Dave Donaldson, 2023. "Putting Quantitative Models to the Test: An Application to Trump’s Trade War," CESifo Working Paper Series 10484, CESifo.
    12. Felbermayr, Gabriel & Gröschl, Jasmin & Heiland, Inga, 2022. "Complex Europe: Quantifying the cost of disintegration," Journal of International Economics, Elsevier, vol. 138(C).
    13. 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).
    14. 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.
    15. Rodrigo Adao & Costas Arkolakis & Federico Esposito, 2020. "General Equilibrium Effects in Space: Theory and Measurement," Discussion Papers Series, Department of Economics, Tufts University 0835, Department of Economics, Tufts University.
    16. Bartelme, Dominick & Lan, Ting & Levchenko, Andrei A., 2024. "Specialization, market access and real income," Journal of International Economics, Elsevier, vol. 150(C).
    17. Moon, Wanki, "undated". "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.
    18. 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.
    19. Heerman, Kari E.R., 2020. "Technology, ecology and agricultural trade," Journal of International Economics, Elsevier, vol. 123(C).
    20. Bajzik, Jozef & Havranek, Tomas & Irsova, Zuzana & Schwarz, Jiri, 2019. "Estimating the Armington Elasticity: The Importance of Data Choice and Publication Bias," MPRA Paper 95031, University Library of Munich, Germany.
    21. 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.
    22. Inga Heiland, 2024. "Inga Heiland discussion of: trade sanctions on Russia," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 39(117), pages 201-202.
    23. Lars Nilsson, 2019. "Reflections on the economic modelling of free trade agreements," DG TRADE Chief Economist Notes 2019-2, Directorate General for Trade, European Commission.
    24. 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.
    25. Gabriel Felbermayr & Benjamin Jung & Wilhelm Kohler & Philipp Harms & Jakob Schwab, 2017. "Ricardo – gestern und heute," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 70(09), pages 03-18, May.
    26. 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.
    27. Niemi, Janne, 2018. "Short-run and long-run food import elasticities with persistent trading habits," Working Papers 111, VATT Institute for Economic Research.
    28. 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).
    29. Marta Paczos, 2018. "Modelling the Economic Effects of Trade Policies – A Submission to the Treasury and International Trade Committees inquiry into implications of the UK's approach to international trade," National Institute of Economic and Social Research (NIESR) Policy Papers 07, National Institute of Economic and Social Research.
    30. 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.
    31. 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.
    32. 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.
    33. Hagemejer, Jan & Dunin-Wasowicz, Maria & Michalek, Jan & Szyszka, Jacek, 2020. "Trade-related effects of Brexit. Implications for Central and Eastern Europe," Conference papers 333187, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    34. 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.
    35. Andrew Mold, 2021. "Proving Hegel Wrong: Learning the Right Lessons from European Integration for the African Continental Free Trade Area," Journal of African Trade, Springer, vol. 8(2), pages 115-132, December.
    36. Antrà s, Pol & Chor, Davin, 2021. "Global Value Chains," CEPR Discussion Papers 15908, C.E.P.R. Discussion Papers.
    37. Mallick, Debdulal & Maqsood, Nabeel, 2022. "Capital-labor substitution and misallocation," MPRA Paper 115090, University Library of Munich, Germany.
    38. George Alessandria & Oscar Avila, 2023. "Trade Integration, Industry Reallocation, and Welfare in Colombia," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 71(3), pages 649-687, September.

  13. 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 / Editura Economica, 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.

  14. 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. Juan Carlos Conesa & Pau S. Pujolas, 2017. "The Canadian Productivity Stagnation, 2002-2014," Department of Economics Working Papers 2017-04, McMaster University, revised Sep 2017.
    2. J. Vernon Henderson & Adam Storeygard & David N. Weil, 2020. "Quality-adjusted Population Density," Working Papers 2020-25, Brown University, Department of Economics.
    3. 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.
    4. 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.

  15. 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. Yan Bai & Keyu Jin & Dan Lu, 2019. "Misallocation Under Trade Liberalization," NBER Working Papers 26188, National Bureau of Economic Research, Inc.
    2. 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.
    3. Clemens Buchen, 2023. "Institutional reform paths," Economics and Politics, Wiley Blackwell, vol. 35(3), pages 1099-1121, November.
    4. Matteo Cacciatore & Romain Duval & Giuseppe Fiori & Fabio Ghironi, 2016. "Market Reforms in the Time of Imbalance," NBER Working Papers 22128, National Bureau of Economic Research, Inc.
    5. Jose Asturias & Sewon Hur & Timothy J. Kehoe & Kim J. Ruhl, 2017. "Firm Entry and Exit and Aggregate Growth," NBER Working Papers 23202, National Bureau of Economic Research, Inc.
    6. David Kohn & Fernando Leibovici & Michal Szkup, 2023. "No Credit, No Gain: Trade Liberalization Dynamics, Production Inputs, And Financial Development," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 64(2), pages 809-836, May.
    7. Campos, Nauro F. & De Grauwe, Paul & Ji, Yuemei, 2025. "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.
    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. López-Martín Bernabé & Pérez-Reyna David, 2019. "Contracts, Firm Dynamics and Aggregate Productivity," Working Papers 2019-07, Banco de México.
    10. Ferrari, Alessandro, 2023. "Losers amongst the Losers:," Research in Economics, Elsevier, vol. 77(1), pages 34-59.
    11. Ferrari, Alessandro, 2020. "Losers amongst the losers: the welfare effects of the Great Recession across cohorts," Working Paper Series 2509, European Central Bank.
    12. Nauro F. Campos & Paul De Grauwe & Yuemei Ji, 2025. "Structural Reforms and Economic Performance: The Experience of Advanced Economies," Journal of Economic Literature, American Economic Association, vol. 63(1), pages 111-163, March.
    13. 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.
    14. Flavia Corneli, 2021. "Financial Integration Without Financial Development," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 49(2), pages 201-220, June.
    15. Laszlo Tetenyi, 2021. "Trade, Misallocation, and Capital Market Integration," Working Papers w202119, Banco de Portugal, Economics and Research Department.
    16. 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.

  16. 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. 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.
    2. Paul Bergin & Ling Feng & Ching-Yi Lin, 2014. "Financial Frictions and Firm Dynamics," NBER Working Papers 20099, National Bureau of Economic Research, Inc.
    3. David Kohn & Fernando Leibovici & Michal Szkup, 2018. "Financial Frictions, Trade, and Misallocation," 2018 Meeting Papers 385, Society for Economic Dynamics.
    4. Jeremy Greenwood & Juan M. Sanchez & Cheng Wang, 2012. "Quantifying the Impact of Financial Development on Economic Development," RCER Working Papers 572, University of Rochester - Center for Economic Research (RCER).

  17. 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. Daniel Levy & Tamir Mayer & Alon Raviv, 2022. "Economists in the 2008 Financial Crisis: Slow to See, Fast to Act," Working Papers 2022-01, Bar-Ilan University, Department of Economics.
    3. Aloisio Araujo & Marcia Leon & Rafael Santos, 2017. "Bargained haircuts and debt policy implications," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 64(4), pages 635-656, December.
    4. 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.
    5. 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.
    6. 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.
    7. Siming Liu & Hewei Shen, 2022. "Fiscal Commitment and Sovereign Default Risk," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 46, pages 98-123, October.
    8. Corsetti, G. & Maeng, S. H., 2023. "The Theory of Reserve Accumulation, Revisited," Cambridge Working Papers in Economics 2370, Faculty of Economics, University of Cambridge.
    9. Piotr Cizkowicz & Andrzej Rzonca & Andrzej Toroj, 2015. "In search for appropriate lower bound.Zero lower bound vs. positive lower bound under discretion and commitment," NBP Working Papers 215, Narodowy Bank Polski.
    10. Daniel Levy & Tamir Mayer & Alon Raviv, 2020. "Academic Scholarship in Light of the 2008 Financial Crisis: Textual Analysis of NBER Working Papers," Working Papers 2020-01, Bar-Ilan University, Department of Economics.
    11. 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.
    12. 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.
    13. 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.
    14. Roch, Francisco & Uhlig, Harald, 2018. "The dynamics of sovereign debt crises and bailouts," Journal of International Economics, Elsevier, vol. 114(C), pages 1-13.
    15. 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.
    16. Giancarlo Corsetti & Seung Hyun Maeng, 2020. "Debt crises, fast and slow," Discussion Papers 2019, Centre for Macroeconomics (CFM).
    17. Giancarlo Corsetti, 2023. "Debt crises, fast and slow Giancarlo," RSCAS Working Papers 2023/15, European University Institute.
    18. Corsetti, G. & Maeng, S. H., 2023. "The Theory of Reserve Accumulation, Revisited," Janeway Institute Working Papers 2319, Faculty of Economics, University of Cambridge.
    19. Juan Carlos Conesa & Timothy J. Kehoe, 2023. "Preemptive Austerity with Rollover Risk," Staff Report 654, Federal Reserve Bank of Minneapolis.
    20. Stangebye, Zachary R., 2020. "Beliefs and long-maturity sovereign debt," Journal of International Economics, Elsevier, vol. 127(C).
    21. 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.
    22. 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.
    23. 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.
    24. 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.

  18. 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.

  19. 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. 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.
    2. 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.
    3. 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.
    4. Scott Baier & Yoto Yotov & Thomas Zylkin, 2016. "On the widely differing effects of free trade agreements: Lessons from twenty years of trade integration," School of Economics Working Paper Series 2016-15, LeBow College of Business, Drexel University.
    5. Rodrigo Adao & Costas Arkolakis & Sharat Ganapati, 2020. "Aggregate Implications of Firm Heterogeneity: A Nonparametric Analysis of Monopolistic Competition Trade Models," Cowles Foundation Discussion Papers 2265, Cowles Foundation for Research in Economics, Yale University.
    6. French, Scott & Zylkin, Tom, 2024. "The effects of free trade agreements on product-level trade," European Economic Review, Elsevier, vol. 162(C).
    7. 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.
    8. 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.
    9. Steinberg, Joseph B., 2019. "Brexit and the macroeconomic impact of trade policy uncertainty," Journal of International Economics, Elsevier, vol. 117(C), pages 175-195.
    10. 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).
    11. 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.
    12. 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.
    13. 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.
    14. Sang‐Wook (Stanley) Cho & Hansoo Choi, 2025. "Unlocking the impact of US free trade agreements on industries with a synthetic control approach," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 58(2), pages 716-746, May.

  20. 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. 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.
    2. Joseph Steinberg, 2018. "The Macroeconomic Impact of NAFTA Termination," 2018 Meeting Papers 753, Society for Economic Dynamics.
    3. Funke, Michael & Wende, Adrian, 2025. "The Limited Effectiveness of Sanctions on Russia: Modeling Loopholes and Workarounds," VfS Annual Conference 2025 (Cologne): Revival of Industrial Policy 325396, Verein für Socialpolitik / German Economic Association.
    4. You, Yu & Lee, Junsoo & Kim, Yoonbai & Yang, Zheng, 2024. "Comovement and Global Imbalances of Current Accounts," Economic Systems, Elsevier, vol. 48(4).
    5. Michael Sposi, 2019. "Demographics and the Evolution of Global Imbalances," Departmental Working Papers 1906, Southern Methodist University, Department of Economics.
    6. 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.
    7. Ricardo Reyes-Heroles, 2017. "The Role of Trade Costs in the Surge of Trade Imbalances," 2017 Meeting Papers 212, Society for Economic Dynamics.
    8. 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.
    9. Galle, Simon & Lorentzen, Linnea, 2024. "The unequal effects of trade and automation across local labor markets," Journal of International Economics, Elsevier, vol. 150(C).
    10. Olivier CARDI & Romain RESTOUT, 2023. "Why Hours Worked Decline Less After Technology Shocks?," Working Papers of BETA 2023-30, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    11. 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.
    12. Rafael Dix-Carneiro & João Paulo Pessoa & Ricardo Reyes-Heroles & Sharon Traiberman, 2021. "Globalization, Trade Imbalances, and Labor Market Adjustment," Upjohn Working Papers 21-345, W.E. Upjohn Institute for Employment Research.
    13. Ricardo Reyes-Heroles, 2018. "Globalization and Structural Change in the United States: A Quantitative Assessment," 2018 Meeting Papers 1027, Society for Economic Dynamics.
    14. Komada, Oliwia, 2024. "Raising America’s future: Search for optimal child-related transfers," Economic Modelling, Elsevier, vol. 138(C).
    15. 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.
    16. 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.
    17. 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.
    18. 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.
    19. Pau S. Pujolas & Jack Rossbach, 2025. "How Should Canada React to the Looming U.S. Trade War?," Department of Economics Working Papers 2025-01, McMaster University.
    20. Zhang, Ning, 2023. "Asset home bias in debtor and creditor countries," Journal of Economic Dynamics and Control, Elsevier, vol. 157(C).
    21. Comunale, Mariarosaria & Felice, Giulia, 2022. "Trade and structural change: An empirical investigation," International Economics, Elsevier, vol. 171(C), pages 58-79.
    22. B. Ravikumar & Ana Maria Santacreu & Michael Sposi, 2017. "Capital Accumulation and Dynamic Gains from Trade," Working Papers 2017-5, Federal Reserve Bank of St. Louis.
    23. George A. Alessandria & Horag Choi, 2019. "The Dynamics of the U.S. Trade Balance and Real Exchange Rate: The J Curve and Trade Costs?," NBER Working Papers 25563, National Bureau of Economic Research, Inc.
    24. 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.
    25. 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).
    26. Herkenhoff, Philipp & Sauré, Philip, 2021. "How expected inflation distorts the current account and the valuation effect," European Economic Review, Elsevier, vol. 135(C).
    27. 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.
    28. Betts, Caroline, 2021. "Accounting for Japan's Lost Score," MPRA Paper 109285, University Library of Munich, Germany.
    29. 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.
    30. Zhang, Ning, 2019. "Country portfolios under global imbalances," European Economic Review, Elsevier, vol. 119(C), pages 302-317.
    31. Xiameng Pan & Chang Sun, 2023. "Internal Migration, Remittances and Economic Development," CESifo Working Paper Series 10623, CESifo.
    32. Sposi, Michael, 2019. "Evolving comparative advantage, sectoral linkages, and structural change," Journal of Monetary Economics, Elsevier, vol. 103(C), pages 75-87.
    33. 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.
    34. Daniel R. Carroll & Sewon Hur, 2022. "On the Distributional Effects of International Tariffs," Globalization Institute Working Papers 413, Federal Reserve Bank of Dallas, revised 29 Mar 2023.
    35. Eaton, Jonathan & Kortum, Samuel & Neiman, Brent, 2016. "Obstfeld and Rogoff׳s international macro puzzles: a quantitative assessment," Journal of Economic Dynamics and Control, Elsevier, vol. 72(C), pages 5-23.
    36. Daniel Carroll & Sewon Hur, 2019. "On the Heterogeneous Welfare Gains and Losses from Trade," 2019 Meeting Papers 1358, Society for Economic Dynamics.
    37. 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.
    38. Logan T. Lewis & Ryan Monarch & Michael Sposi & Jing Zhang, 2018. "Structural Change and Global Trade," International Finance Discussion Papers 1225, Board of Governors of the Federal Reserve System (U.S.).
    39. Riccardo Fiorentini, 2020. "The Persisting US Trade Deficit: Is Protectionistm the Right Answer?," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 73(2), pages 155-186.
    40. Bednar, W.L. & Pretnar, Nick, 2023. "Structural Change with Time to Consume," MPRA Paper 118167, University Library of Munich, Germany.
    41. Joseph Steinberg, 2019. "On the Source of U.S. Trade Deficits: Global Saving Glut or Domestic Saving Drought?," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 31, pages 200-223, January.
    42. 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.
    43. Francisco J. Buera & Joseph P. Kaboski & Martí Mestieri & Daniel G. O'Connor, 2020. "The Stable Transformation Path," NBER Working Papers 27731, National Bureau of Economic Research, Inc.
    44. Alvarez, Fernando, 2017. "Capital accumulation and international trade," Journal of Monetary Economics, Elsevier, vol. 91(C), pages 1-18.
    45. Bertinelli, Luisito & Cardi, Olivier & Restout, Romain, 2022. "Labor market effects of technology shocks biased toward the traded sector," Journal of International Economics, Elsevier, vol. 138(C).
    46. Shutao Cao & Wei Dong, 2025. "Production networks and the macroeconomic impacts of commodity price shocks," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 58(2), pages 690-715, May.
    47. 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.
    48. Ngai, Liwa Rachel & Sevinc, Orhun, 2020. "A Multisector Perspective on Wage Stagnation," CEPR Discussion Papers 14855, C.E.P.R. Discussion Papers.
    49. Steinberg, Joseph B., 2019. "Brexit and the macroeconomic impact of trade policy uncertainty," Journal of International Economics, Elsevier, vol. 117(C), pages 175-195.
    50. 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.
    51. 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.
    52. Javier Cravino & Sebastian Sotelo, 2017. "Trade-Induced Structural Change and the Skill Premium," Working Papers 658, Research Seminar in International Economics, University of Michigan.
    53. Antonia Diaz & Luis Franjo, 2014. "Capital goods, measured TFP and growth: The case of Spain," Working Papers 201401, Center for Fiscal Policy, Swiss Federal Institute of Technology Lausanne, revised Oct 2014.
    54. 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.
    55. Douglas L. Campbell, 2017. "Relative Prices and Hysteresis: Evidence from US Manufacturing," Working Papers w0212, Center for Economic and Financial Research (CEFIR).
    56. Joseph Steinberg, 2018. "International Portfolio Diversification and the Structure of Global Production," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 29, pages 195-219, July.
    57. 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).
    58. Bednar, William & Pretnar, Nick, 2020. "Home Production with Time to Consume," MPRA Paper 103730, University Library of Munich, Germany.
    59. Caliendo, Lorenzo, 2023. "A comment on: Globalization, trade imbalances and inequality," Journal of Monetary Economics, Elsevier, vol. 133(C), pages 73-76.
    60. 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.
    61. Ozge Akinci & Gianluca Benigno & Serra Pelin & Jon Turek, 2024. "The Dollar’s Imperial Circle," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 72(2), pages 653-700, June.
    62. Pan, Xiameng & Sun, Chang, 2024. "Internal migration, remittances and economic development," Journal of International Economics, Elsevier, vol. 147(C).
    63. Jonathan Eaton & Samuel Kortum & Brent Neiman & John Romalis, 2016. "Trade and the Global Recession," American Economic Review, American Economic Association, vol. 106(11), pages 3401-3438, November.
    64. 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.
    65. 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).
    66. Barattieri, Alessandro, 2014. "Comparative advantage, service trade, and global imbalances," Journal of International Economics, Elsevier, vol. 92(1), pages 1-13.
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    68. 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.
    69. Talan İşcan, 2015. "Windfall Resource Income, Productivity Growth, and Manufacturing Employment," Open Economies Review, Springer, vol. 26(2), pages 279-311, April.
    70. Dix-Carneiro, Rafael & Traiberman, Sharon, 2023. "Globalization, trade imbalances and inequality," Journal of Monetary Economics, Elsevier, vol. 133(C), pages 48-72.
    71. Piton, Sophie, 2021. "Economic integration and unit labour costs," European Economic Review, Elsevier, vol. 136(C).
    72. Juan Carlos Conesa & Matthew J. Delventhal & Pau S. Pujolas & Gajendran Raveendranathan, 2024. "The Cost Of Trade Disruptions At Different Stages Of Development," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 65(3), pages 1133-1161, August.
    73. Ctirad Slavík & Hakki Yazici, 2020. "Wage Risk and the Skill Premium," CESifo Working Paper Series 8520, CESifo.
    74. Nicholas Bloom & Kyle Handley & André Kurmann & Philip A. Luck, 2024. "The China Shock Revisited: Job Reallocation and Industry Switching in U.S. Labor Markets," Working Papers 24-65, Center for Economic Studies, U.S. Census Bureau.

  21. 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).

  22. 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. 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.
    4. Alessandro Dovis & Luigi Bocola, 2015. "Indeterminacy in Sovereign Debt Markets: An Empirical Investigation," 2015 Meeting Papers 694, Society for Economic Dynamics.
    5. Galli, Carlo, 2021. "Self-fulfilling debt crises, fiscal policy and investment," Journal of International Economics, Elsevier, vol. 131(C).
    6. 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.
    7. 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.
    8. 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.
    9. Szkup, Michal, 2017. "Preventing Self-fulfilling debt crises," MPRA Paper 82754, University Library of Munich, Germany.
    10. Radek Paluszynski, 2017. "Learning about Debt Crises," 2017 Meeting Papers 1602, Society for Economic Dynamics.
    11. ,, 2018. "Financial Policy," CEPR Discussion Papers 12755, C.E.P.R. Discussion Papers.
    12. Yan Bai & Jing Zhang, 2009. "Duration of Sovereign Debt Renegotiation," Working Papers 593, Research Seminar in International Economics, University of Michigan.
    13. Stefan Niemann & Paul Pichler, 2020. "Optimal fiscal policy and sovereign debt crises," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 37, pages 234-254, July.
    14. Guido Lorenzoni & Ivan Werning, 2014. "Slow Moving Debt Crises," Levine's Working Paper Archive 786969000000000939, David K. Levine.
    15. 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.
    16. 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.
    17. 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.
    18. Ventura, Jaume & Broner, Fernando & Martín, Alberto & Erce, Aitor, 2013. "Sovereign Debt Markets in Turbulent Times: Creditor Discrimination and Crowding-Out Effects," CEPR Discussion Papers 9761, C.E.P.R. Discussion Papers.
    19. 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.
    20. 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.
    21. Corsetti, G. & Maeng, S. H., 2023. "The Theory of Reserve Accumulation, Revisited," Cambridge Working Papers in Economics 2370, Faculty of Economics, University of Cambridge.
    22. Mäder, Nicolas, 2025. "Would an earlier inception of OMT by the ECB have prevented the 2012 Greek default?," International Review of Economics & Finance, Elsevier, vol. 103(C).
    23. 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.
    24. 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.
    25. 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.
    26. Leonardo Martinez & Juan Hatchondo & Burhanettin Kuruscu & Bulent Guler, 2014. "Sovereign Bailouts," 2014 Meeting Papers 1278, Society for Economic Dynamics.
    27. 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.
    28. 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.
    29. 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.
    30. 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).
    31. 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.
    32. 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, February.
    33. Mauricio Barbosa-Alves & Javier Bianchi & César Sosa-Padilla, 2024. "International Reserve Management under Rollover Crises," Working Papers 321, Red Nacional de Investigadores en Economía (RedNIE).
    34. Gustavo Adler, 2012. "Intertwined Sovereign and Bank Solvencies in a Model of Self-Fulfilling Crisis," IMF Working Papers 2012/178, International Monetary Fund.
    35. Mark Aguiar & Manuel Amador, 2018. "Self-Fulfilling Debt Dilution: Maturity and Multiplicity in Debt Models," Staff Report 565, Federal Reserve Bank of Minneapolis.
    36. Ayres, JoaÞo & Navarro, Gaston & Nicolini, Juan Pablo & Teles, Pedro, 2023. "Self-Fulfilling Debt Crises with Long Stagnations," IDB Publications (Working Papers) 12701, Inter-American Development Bank.
    37. Zachary Stangebye, 2016. "Lifetime-Laffer Curves and the Eurozone Crisis," 2016 Meeting Papers 63, Society for Economic Dynamics.
    38. Michal Szkup, 2015. "Preventing Self-Fulfilling Crises," 2015 Meeting Papers 1144, Society for Economic Dynamics.
    39. Lovleen Kushwah, 2020. "Country default in a monetary union," Working Papers 2020_19, Business School - Economics, University of Glasgow.
    40. 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.
    41. 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.
    42. Mark Aguiar & Manuel Amador, 2013. "Sovereign Debt: A Review," NBER Working Papers 19388, National Bureau of Economic Research, Inc.
    43. Camille Cornand & Pauline Gandré & Céline Gimet, 2014. "Increase in home bias in the Eurozone debt crisis: the role of domestic shocks," Working Papers halshs-01015475, HAL.
    44. Roch, Francisco & Uhlig, Harald, 2018. "The dynamics of sovereign debt crises and bailouts," Journal of International Economics, Elsevier, vol. 114(C), pages 1-13.
    45. 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.
    46. Redouane Elkamhi & Latchezar Popov & Raunaq S. Pungaliya, 2023. "Financial maintenance covenants in bank loans," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 76(4), pages 1197-1255, November.
    47. 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).
    48. Javier Bianchi & Jorge Mondragon, 2018. "Rollover Crises and Currency Unions," 2018 Meeting Papers 1215, Society for Economic Dynamics.
    49. 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.
    50. Giancarlo Corsetti, 2023. "Debt crises, fast and slow Giancarlo," RSCAS Working Papers 2023/15, European University Institute.
    51. Ayres, João & Navarro, Gaston & Nicolini, Juan Pablo & Teles, Pedro, 2018. "Sovereign default: The role of expectations," Journal of Economic Theory, Elsevier, vol. 175(C), pages 803-812.
    52. Chamley, Christophe & Pinto, Brian, 2012. "Sovereign bailouts and senior loans," Policy Research Working Paper Series 6181, The World Bank.
    53. Corsetti, G. & Maeng, S. H., 2023. "The Theory of Reserve Accumulation, Revisited," Janeway Institute Working Papers 2319, Faculty of Economics, University of Cambridge.
    54. Zilibotti, Fabrizio & Storesletten, Kjetil & Müller, Andreas, 2015. "Sovereign Debt and Structural Reforms," CEPR Discussion Papers 10588, C.E.P.R. Discussion Papers.
    55. Luigi Bocola & Alessandro Dovis, 2016. "Self-Fulfilling Debt Crises: A Quantitative Analysis," NBER Working Papers 22694, National Bureau of Economic Research, Inc.
    56. Stangebye, Zachary R., 2020. "Beliefs and long-maturity sovereign debt," Journal of International Economics, Elsevier, vol. 127(C).
    57. 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.
    58. Michal Szkup, 2022. "Preventing Self-Fulfilling Debt Crises: A Global Games Approach," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 43, pages 22-55, January.
    59. Leo Kaas & Wei Cui, 2017. "Default Cycles," 2017 Meeting Papers 1288, Society for Economic Dynamics.
    60. Alessandro Bellocchi & Giuseppe Travaglini, 2024. "Nonlinearity, Endogeneity, and Interaction: Implications for European Reform of Budgetary Rules," Italian Economic Journal: A Continuation of Rivista Italiana degli Economisti and Giornale degli Economisti, Springer;Società Italiana degli Economisti (Italian Economic Association), vol. 10(2), pages 519-550, July.
    61. Osband, Kent & Filoso, Valerio & Capasso, Salvatore, 2024. "The limits of limitless debt," Journal of Macroeconomics, Elsevier, vol. 79(C).
    62. 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.
    63. 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.
    64. Juan Hernandez, 2018. "How International Reserves Reduce the Probability of Debt Crises," 2018 Meeting Papers 1203, Society for Economic Dynamics.
    65. 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.
    66. 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.
    67. Javier Bianchi & Jorge Mondragon, 2018. "Monetary Independence and Rollover Crises," NBER Working Papers 25340, National Bureau of Economic Research, Inc.
    68. 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).
    69. Conesa, Juan Carlos & Kehoe, Timothy J., 2024. "Preemptive austerity with rollover risk," Journal of International Economics, Elsevier, vol. 150(C).
    70. Sergio de Ferra, 2017. "External Imbalances, Gross Capital Flows and Sovereign Debt Crises," 2017 Meeting Papers 726, Society for Economic Dynamics.
    71. 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.
    72. 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.
    73. Stangebye, Zachary, 2015. "Dynamic Panics: Theory and Application to the Eurozone," MPRA Paper 69967, University Library of Munich, Germany.

  23. 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. 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.
    4. 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.
    5. 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.
    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.
    7. 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.
    8. Real Arai & Katsuyuki Naito & Tetsuo Ono, 2018. "Intergenerational policies, public debt, and economic growth: a politico-economic analysis," Discussion Papers in Economics and Business 18-12, Osaka University, Graduate School of Economics.
    9. Ramesh, Shietal & Low, Rand Kwong Yew & Faff, Robert, 2025. "Modelling time-varying volatility spillovers across crises: Evidence from major commodity futures and the US stock market," Energy Economics, Elsevier, vol. 143(C).
    10. Gustavo Adler, 2012. "Intertwined Sovereign and Bank Solvencies in a Model of Self-Fulfilling Crisis," IMF Working Papers 2012/178, International Monetary Fund.
    11. 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).
    12. Spatareanu, Mariana & Manole, Vlad & Kabiri, Ali, 2019. "Do bank liquidity shocks hamper firms’ innovation?," International Journal of Industrial Organization, Elsevier, vol. 67(C).
    13. 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).
    14. 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.
    15. 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.
    16. 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.

  24. 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. 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.
    2. Andres Fernandez & Ayse Imrohoroglu & Cesar Tamayo, 2018. "Saving Rates in Latin America: A Neoclassical Perspective," 2018 Meeting Papers 1229, Society for Economic Dynamics.
    3. Jose Asturias & Sewon Hur & Timothy J. Kehoe & Kim J. Ruhl, 2016. "The Interaction and Sequencing of Policy Reforms," NBER Working Papers 21840, National Bureau of Economic Research, Inc.
    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.
    5. Delalibera, Bruno R. & Pereira, Luciene & Rios, Heron & Serrano-Quintero, Rafael, 2024. "Capital misallocation and economic development in a dynamic open economy," Journal of Economic Dynamics and Control, Elsevier, vol. 168(C).
    6. 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.
    7. 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.
    8. 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.
    9. 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).
    10. 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.

  25. 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. Susanto Basu, 2014. "Productivity and the Welfare of Nations," 2014 Meeting Papers 787, Society for Economic Dynamics.
    2. 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.
    3. Basu, Susanto & Pascali, Luigi & Schiantarelli, Fabio & Serven, Luis, 2013. "Productivity and the Welfare of Nations," CAGE Online Working Paper Series 163, Competitive Advantage in the Global Economy (CAGE).
    4. 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.
    5. 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.
    6. 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.
    7. Komada, Oliwia, 2024. "Raising America’s future: Search for optimal child-related transfers," Economic Modelling, Elsevier, vol. 138(C).
    8. Hanushek, Eric A. & Woessmann, Ludger, 2012. "Schooling, educational achievement, and the Latin American growth puzzle," Journal of Development Economics, Elsevier, vol. 99(2), pages 497-512.
    9. Murat Ungor, 2017. "Productivity Growth and Labor Reallocation: Latin America versus East Asia," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 24, pages 25-42, March.
    10. 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.
    11. 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.
    12. Desmet, Klaus & Rossi-Hansberg, Esteban, 2014. "Analyzing urban systems : have megacities become too large ?," Policy Research Working Paper Series 6872, The World Bank.
    13. 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.
    14. Colantone, Italo & Crinò, Rosario, 2014. "New imported inputs, new domestic products," Journal of International Economics, Elsevier, vol. 92(1), pages 147-165.
    15. Makarski, Krzysztof & Tyrowicz, Joanna & Komada, Oliwia, 2022. "Progressing Towards Efficiency: The Role for Labor Tax Progression in Reforming Social Security," IZA Discussion Papers 15100, Institute of Labor Economics (IZA).
    16. 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.
    17. 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.
    18. 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.
    19. Reto Foellmi & Manuel Oechslin, 2020. "Harmful Procompetitive Effects of Trade in Presence of Credit Market Frictions," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 52(6), pages 1493-1525, September.
    20. 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.
    21. 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.
    22. 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.
    23. 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.
    24. 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.
    25. 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.
    26. 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.
    27. 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.
    28. Jingyi Jiang & Kei-Mu Yi, 2015. "How Rich Will China Become?," Economic Policy Paper 15-5, Federal Reserve Bank of Minneapolis.
    29. 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.
    30. 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.
    31. 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).
    32. Skott, Peter & Gómez-Ramírez, Leopoldo, 2018. "Credit constraints and economic growth in a dual economy," Structural Change and Economic Dynamics, Elsevier, vol. 45(C), pages 64-76.
    33. 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.
    34. Maldonado-Bautista, Ileana & Sanchez-Ruiz, Paul & Parhankangas, Annaleena & Watkins, Karen, 2025. "Echoes of the past: The long-lasting effects of entrepreneurs' generational imprints on value-creation models," Journal of Business Venturing, Elsevier, vol. 40(1).
    35. Delalibera, Bruno R. & Pereira, Luciene & Rios, Heron & Serrano-Quintero, Rafael, 2024. "Capital misallocation and economic development in a dynamic open economy," Journal of Economic Dynamics and Control, Elsevier, vol. 168(C).
    36. Sanchez-Ruiz, Paul & Wood, Matthew S. & Michaelis, Timothy L. & Suarez, Jaime, 2023. "Entrepreneurs as prime targets: Insights from Mexican ventures on the link between venture visibility and crime of varying severity," Journal of Business Venturing, Elsevier, vol. 38(6).
    37. 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.
    38. Oliwia Komada, 2023. "Raising America's future: search for optimal child-related transfers," GRAPE Working Papers 84, GRAPE Group for Research in Applied Economics.
    39. Ariel Burstein & Javier Cravino, 2012. "Measured Aggregate Gains from International Trade," NBER Working Papers 17767, National Bureau of Economic Research, Inc.
    40. A. A. Gnidchenko, 2017. "Import substitution as a complementary strategy," Studies on Russian Economic Development, Springer, vol. 28(6), pages 593-599, November.
    41. Jesse Naidoo, 2025. "Economic policy and aggregate outcomes in South Africa and selected Latin American countries 19942024," Working Papers 11094, South African Reserve Bank.
    42. 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.
    43. 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.

  26. 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. Michel De Vroey, 2009. "El liberalismo económico y la crisis," Revista Lecturas de Economía, Universidad de Antioquia, CIE.
    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.
    3. Lubiński, Marek, . "Polityka fiskalna wobec kryzysu finansowego. Próba oceny," Gospodarka Narodowa-The Polish Journal of Economics, Szkoła Główna Handlowa w Warszawie / SGH Warsaw School of Economics, vol. 2010(9).
    4. 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.
    5. 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.
    6. Michel De Vroey, 2009. "Economic liberalism and crisis," Lecturas de Economía, Universidad de Antioquia, Departamento de Economía, issue 70, pages 11-38.
    7. 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.

  27. 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. 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.
    3. Leibovici, Fernando & Waugh, Michael E., 2019. "International trade and intertemporal substitution," Journal of International Economics, Elsevier, vol. 117(C), pages 158-174.
    4. 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).
    5. 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.
    6. Wagner, Rodrigo & Zahler, Andrés, 2011. "New exports from emerging markets: do followers benefit from pioneers ?," MPRA Paper 30312, University Library of Munich, Germany.
    7. Dalton, John T., 2014. "The new goods margin in Japanese–Chinese trade," Japan and the World Economy, Elsevier, vol. 31(C), pages 8-13.
    8. 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.
    9. 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.
    10. 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.
    11. 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.
    12. Handley, Kyle, 2012. "Exporting under Trade Policy Uncertainty: Theory and Evidence," Working Papers 634, Research Seminar in International Economics, University of Michigan.
    13. 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.
    14. 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.
    15. 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).
    16. Olivier CADOT & Céline CARRERE & Vanessa STRAUSS-KHAN, 2009. "Trade Diversification, Income, and Growth: What Do We Know?," Working Papers 200931, CERDI.
    17. 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.
    18. Novy, Dennis, 2010. "International Trade without CES: Estimating Translog Gravity," CAGE Online Working Paper Series 32, Competitive Advantage in the Global Economy (CAGE).
    19. Andrew B. Bernard & J. Bradford Jensen & Stephen J. Redding & Peter K. Schott, 2016. "Global Firms," NBER Working Papers 22727, National Bureau of Economic Research, Inc.
    20. Türkcan, Kemal, 2014. "Exports Margins in Austria’s Export Growth," MPRA Paper 53085, University Library of Munich, Germany.
    21. Parteka, Aleksandra & Zarach, Zuzanna Helena & Kordalska, Aleksandra, 2025. "Technological content of export diversification—Evolution along the economic growth process," Structural Change and Economic Dynamics, Elsevier, vol. 74(C), pages 14-27.
    22. 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.
    23. Stephen J. Redding & David E. Weinstein, 2018. "Accounting for Trade Patterns," Working Papers 2018-10, Princeton University. Economics Department..
    24. Arvind Panagariya, 2004. "India’s Trade Reform: Progress, Impact and Future Strategy:," International Trade 0403004, University Library of Munich, Germany.
    25. Benjamin Bridgman, 2010. "Market Entry and Trade Weighted Import Costs," BEA Working Papers 0067, Bureau of Economic Analysis.
    26. Arata KUNO & Shujiro URATA & Kazuhiko YOKOTA, 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).
    27. 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.
    28. 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.
    29. 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.
    30. Şeker, Murat & Ulu, Mehmet Fatih & Rodriguez-Delgado, Jose Daniel, 2024. "Imported intermediate goods and product innovation," Journal of International Economics, Elsevier, vol. 150(C).
    31. 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.
    32. Shan (Victor) Jiang, "undated". "Immigration, Information, and Trade Margins," Working Papers 2007-16, Department of Economics, University of Calgary, revised 31 Oct 2007.
    33. 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.
    34. 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.
    35. 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.
    36. 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.
    37. Beniamino Quintieri & Giovanni Stamato, 2023. "Are preferential agreements beneficial to EU trade? New evidence from the EU–South Korea treaty," The World Economy, Wiley Blackwell, vol. 46(12), pages 3511-3541, December.
    38. 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.
    39. Colicev, A. & Hoste, J. & Konings, J., 2024. "The Impact of a Large Depreciation on the Cost of Living of Rich and Poor Consumers," Cambridge Working Papers in Economics 2430, Faculty of Economics, University of Cambridge.
    40. Arata KUNO & Shujiro URATA & Kazuhiko YOKOTA, 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).
    41. Benjamin Bridgman, 2010. "The Rise of Vertical Specialization Trade," BEA Working Papers 0051, Bureau of Economic Analysis.
    42. Paul Maarek & Elsa Orgiazzi, 2011. "Which factor bears the cost of currency crises?," Economics Working Paper Archive (University of Rennes & University of Caen) 201101, Center for Research in Economics and Management (CREM), University of Rennes, University of Caen and CNRS.
    43. Manouchehr Barjesteh Maleki & Hamed Samarghandi & Joel Bruneau, 2025. "The Effect of CUSFTA and NAFTA on Canada’s Export Composition," Journal of Industry, Competition and Trade, Springer, vol. 25(1), pages 1-35, December.
    44. 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.
    45. Colicev, A. & Hoste, J. & Konings, J., 2024. "The Impact of a Large Depreciation on the Cost of Living of Rich and Poor Consumers," Janeway Institute Working Papers 2419, Faculty of Economics, University of Cambridge.
    46. Anne-Célia Disdier & Lionel Fontagné & Mondher Mimouni, 2015. "Tariff Liberalization and Trade Integration of Emerging Countries," Post-Print hal-01299753, HAL.
    47. 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.
    48. Ana Santacreu, 2012. "The Trade Comovement Puzzle and the Margins of International Trade," 2012 Meeting Papers 34, Society for Economic Dynamics.
    49. Purba Mukerji, 2009. "Trade Liberalization And The Extensive Margin," Scottish Journal of Political Economy, Scottish Economic Society, vol. 56(2), pages 141-166, May.
    50. 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.
    51. 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).
    52. Fabio Ghironi & Marc J. Melitz, 2005. "International Trade and Macroeconomic Dynamics with Heterogeneous Firms," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 120(3), pages 865-915.
    53. 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.
    54. 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.
    55. D’Artis Kancs, 2010. "Structural Estimation of Variety Gains from Trade Integration in Asia," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 43(3), pages 270-288, September.
    56. 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.
    57. 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.
    58. 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.
    59. 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.
    60. 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).
    61. López-Salido, J David & Gust, Christopher & Guerrieri, Luca, 2009. "International Competition and Inflation: A New Keynesian Perspective," CEPR Discussion Papers 7561, C.E.P.R. Discussion Papers.
    62. 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.
    63. Bahar, Dany & Hausmann, Ricardo & Hidalgo, Cesar A., 2014. "Neighbors and the evolution of the comparative advantage of nations: Evidence of international knowledge diffusion?," Journal of International Economics, Elsevier, vol. 92(1), pages 111-123.
    64. 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.
    65. 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.
    66. Conconi, Paola & García-Santana, Manuel & Puccio, Laura & Venturini, Roberto, 2017. "From final goods to inputs: the protectionist effect of rules of origin," LSE Research Online Documents on Economics 88676, London School of Economics and Political Science, LSE Library.
    67. 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.
    68. 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.
    69. Singh, Nirvikar, 2008. "Transaction Costs, Information Technology and Development," MPRA Paper 9095, University Library of Munich, Germany.
    70. 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.
    71. Spearot, Alan C., 2013. "Variable demand elasticities and tariff liberalization," Journal of International Economics, Elsevier, vol. 89(1), pages 26-41.
    72. 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.
    73. 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.
    74. 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.
    75. 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.
    76. Ardelean, Adina & Lugovskyy, Volodymyr, 2010. "Domestic productivity and variety gains from trade," Journal of International Economics, Elsevier, vol. 80(2), pages 280-291, March.
    77. 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.
    78. 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.
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    219. 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.
    220. 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.
    221. 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.
    222. 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.
    223. 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.
    224. James R. Markusen, 2025. "Incorporating Non-Unitary Income Elasticities, Choke Prices and Choke Incomes into Applied General-Equilibrium Models," CESifo Working Paper Series 12159, CESifo.
    225. Young Ademola & Ogbaro Eyitayo & Ologundudu Mojeed, 2025. "The Complementarity Effect of Intensive and Extensive Margins of Exports Diversification on Growth: Empirical Evidence from Nigerian Data," Folia Oeconomica Stetinensia, Sciendo, vol. 25(1), pages 354-374.
    226. Brandon Malloy, 2021. "Decomposing episodes of large growth in international trade," Review of International Economics, Wiley Blackwell, vol. 29(2), pages 228-267, May.
    227. Lampe, Markus & O’Rourke, Kevin Hjortshøj & Reiter, Lorenz & Yotov, Yoto V., 2025. "The Empire project: Trade policy in interwar Canada," Journal of International Economics, Elsevier, vol. 153(C).
    228. 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.
    229. 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.
    230. Dainauskas, Justas, 2024. "The network origins of trade comovement," Journal of International Economics, Elsevier, vol. 152(C).
    231. 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.
    232. 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(01), pages 1-22, January.
    233. 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.
    234. Paul R. Bergin & Reuven Glick, 2005. "Tradability, Productivity, and Understanding International Economic Integration," Working Paper Series 2005-13, Federal Reserve Bank of San Francisco.
    235. Luca David Opromolla & Alfonso A. Irarrazabal, 2011. "The Tip of the Iceberg: A Quantitative Framework for Estimating Trade Costs," Working Papers w201125, Banco de Portugal, Economics and Research Department.
    236. Christian Hepenstrick & Alexander Tarasov, 2015. "Per capita income and the extensive margin of bilateral trade," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 48(4), pages 1561-1599, November.
    237. Subhayu Bandyopadhyay & Cletus C. Coughlin, 2017. "Truncated Firm Productivity Distributions and Trade Margins," Working Papers 2017-18, Federal Reserve Bank of St. Louis.
    238. Pierre-Guillaume Méon & Khalid Sekkat, 2013. "FDI and Exports Diversification in Arab Countries," Working Papers 816, Economic Research Forum, revised Dec 2013.
    239. 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.
    240. Bergin, Paul R. & Glick, Reuven, 2007. "Tradability, productivity, and international economic integration," Journal of International Economics, Elsevier, vol. 73(1), pages 128-151, September.
    241. Berndt, Marvin & Hess, Sebastian, . "Extensive margin effects following the Japan-EU free trade agreement: analysing future developments in the agri-food sector," Agricultural and Resource Economics: International Scientific E-Journal, Agricultural and Resource Economics: International Scientific E-Journal, vol. 10(4).
    242. Parteka, Aleksandra, 2020. "What drives cross-country differences in export variety? A bilateral panel approach," Economic Modelling, Elsevier, vol. 92(C), pages 48-56.
    243. 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.
    244. 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).
    245. Steinbach, Sandro & Yildirim, Yasin & Zurita, Carlos, 2025. "Economic Integration Agreements and Agricultural Trade: Disentangling Extensive and Intensive Margin Effects," 2025 AAEA & WAEA Joint Annual Meeting, July 27-29, 2025, Denver, CO 361030, Agricultural and Applied Economics Association.
    246. Bergin, Paul R. & Glick, Reuven & Taylor, Alan M., 2006. "Productivity, tradability, and the long-run price puzzle," Journal of Monetary Economics, Elsevier, vol. 53(8), pages 2041-2066, November.
    247. Scott L. Baier & Jeffrey H. Bergstrand & Matthew W. Clance, 2015. "Heterogeneous Economic Integration Agreement Effects," CESifo Working Paper Series 5488, CESifo.
    248. Jesse Mora & Michael Olabisi, 2022. "Export growth drivers and economic development," Empirical Economics, Springer, vol. 63(5), pages 2389-2426, November.
    249. 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.
    250. Hoste, J. & Verboven, F., 2024. "Uncovering the Sources of Geographic Market Segmentation: Evidence from the EU and the US," Cambridge Working Papers in Economics 2402, Faculty of Economics, University of Cambridge.
    251. Cieślik, Andrzej & Parteka, Aleksandra, 2021. "Relative Productivity, Country Size and Export Diversification," Structural Change and Economic Dynamics, Elsevier, vol. 57(C), pages 28-44.
    252. 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.
    253. Hoyos, Mateo & Stellian, Rémi, 2025. "Dynamic trade elasticities and comparative advantages: Evidence from a PTA," SocArXiv 6fya2_v1, Center for Open Science.
    254. Victor Rivas, 2012. "Structural Estimation of Variety Gains from Trade Integration in a Heterogeneous Firms Framework," Journal of Economics and Econometrics, Economics and Econometrics Society, vol. 55(2), pages 78-93.
    255. 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.
    256. Persson, Maria, 2008. "Trade Facilitation and the Extensive and Intensive Margins of Trade," Working Papers 2008:13, Lund University, Department of Economics.
    257. Timothy J. Kehoe & Kim J. Ruhl, 2010. "Why have economic reforms in Mexico not generated growth?," Staff Report 453, Federal Reserve Bank of Minneapolis.
    258. Juan Carlos Conesa & Matthew J. Delventhal & Pau S. Pujolas & Gajendran Raveendranathan, 2024. "The Cost Of Trade Disruptions At Different Stages Of Development," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 65(3), pages 1133-1161, August.
    259. Ben Shepherd, 2015. "Product Standards and Export Diversification," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 30(2), pages 300-333.
    260. Corsetti, Giancarlo & Martin, Philippe & Pesenti, Paolo, 2013. "Varieties and the transfer problem," Journal of International Economics, Elsevier, vol. 89(1), pages 1-12.
    261. AkIn, Cigdem & Kose, M. Ayhan, 2008. "Changing nature of North-South linkages: Stylized facts and explanations," Journal of Asian Economics, Elsevier, vol. 19(1), pages 1-28, February.
    262. Alessandria,George & Khan,Shafaat Yar & Khederlarian,Armen & Ruhl,KimJ. & Steinberg,Joseph B., 2021. "Trade-Policy Dynamics : Evidence from 60 Years of U.S.-China Trade," Policy Research Working Paper Series 9741, The World Bank.
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  28. 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. Susanto Basu, 2014. "Productivity and the Welfare of Nations," 2014 Meeting Papers 787, Society for Economic Dynamics.
    3. Basu, Susanto & Pascali, Luigi & Schiantarelli, Fabio & Serven, Luis, 2013. "Productivity and the Welfare of Nations," CAGE Online Working Paper Series 163, Competitive Advantage in the Global Economy (CAGE).
    4. 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.
    5. Rubini Loris, 2020. "International Trade and Productivity after Apartheid," The B.E. Journal of Macroeconomics, De Gruyter, vol. 20(2), pages 1-32, June.
    6. 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.
    7. Andrew Atkeson & Ariel Tomás Burstein, 2010. "Innovation, Firm Dynamics, and International Trade," Journal of Political Economy, University of Chicago Press, vol. 118(3), pages 433-484, June.
    8. 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.
    9. 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.
    10. International Monetary Fund, 2017. "Brazil: Selected Issues," IMF Staff Country Reports 2017/216, International Monetary Fund.
    11. Crespo, Aranzazu, 2012. "Trade, Innovation and Productivity: A Quantitative Analysis of Europe," MPRA Paper 57162, University Library of Munich, Germany.
    12. Guido Sandleris & Mark L. J. Wright, 2014. "The Costs of Financial Crises: Resource Misallocation, Productivity, and Welfare in the 2001 Argentine Crisis," Scandinavian Journal of Economics, Wiley Blackwell, vol. 116(1), pages 87-127, January.
    13. Ariel Burstein & Javier Cravino, 2015. "Measured Aggregate Gains from International Trade," American Economic Journal: Macroeconomics, American Economic Association, vol. 7(2), pages 181-218, April.
    14. Stracca, Livio, 2013. "The rise of China and India: blessing or curse for the advanced countries?," Working Paper Series 1620, European Central Bank.

  29. 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. Dou Jiang & Mark Weder, 2021. "American Business Cycles 1889-1913: An Accounting Approach," Economics Working Papers 2021-02, Department of Economics and Business Economics, Aarhus University.
    2. 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.
    3. Luca Pensieroso, 2010. "Real Business Cycle Models of the Great Depression," Working Papers 10-01, Association Française de Cliométrie (AFC).
    4. Strulik, Holger & Trimborn, Timo, 2009. "Fiscal Stimulus: A Neoclassical Perspective," Hannover Economic Papers (HEP) dp-421, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät.
    5. Luca Pensieroso, 2011. "The Great Depression in Belgium from a Neoclassical Perspective," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 14(2), pages 389-402, Arpil.

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

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    1. 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.
    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. Pozo, Jorge, 2023. "Sectoral credit reallocation: An excessive bank risk-taking explanation," Emerging Markets Review, Elsevier, vol. 54(C).
    4. Jorge Lorca, 2021. "Capital Flows and Emerging Markets Fluctuations," Working Papers Central Bank of Chile 898, Central Bank of Chile.
    5. 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.
    6. Brei, Michael & Buzaushina, Almira, 2015. "International financial shocks in emerging markets," Journal of International Money and Finance, Elsevier, vol. 58(C), pages 51-74.
    7. Ippei Fujiwara & Keisuke Otsu & Masashi Saito, 2008. "The Global Impact of Chinese Growth," IMES Discussion Paper Series 08-E-22, Institute for Monetary and Economic Studies, Bank of Japan.
    8. Pratap, Sangeeta & Quintin, Erwan, 2011. "Financial crises and labor market turbulence," Journal of Monetary Economics, Elsevier, vol. 58(6), pages 601-615.
    9. 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.
    10. 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.
    11. Dix-Carneiro, Rafael & Pessoa, João Paulo & Reyes-Heroles, Ricardo & Traiberman, Sharon, 2021. "Globalization, trade imbalances and labor market adjustment," LSE Research Online Documents on Economics 114424, London School of Economics and Political Science, LSE Library.
    12. Oviedo, P. Marcelo & Singh, Rajesh, 2013. "Investment composition and international business cycles," Journal of International Economics, Elsevier, vol. 89(1), pages 79-95.
    13. 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.
    14. 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.
    15. Olivier CARDI & Romain RESTOUT, 2023. "Why Hours Worked Decline Less After Technology Shocks?," Working Papers of BETA 2023-30, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    16. Paul Maarek & Elsa Orgiazzi, 2011. "Which factor bears the cost of currency crises?," Economics Working Paper Archive (University of Rennes & University of Caen) 201101, Center for Research in Economics and Management (CREM), University of Rennes, University of Caen and CNRS.
    17. 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.
    18. Zhen Huo & José-Víctor Ríos-Rull, 2013. "Paradox of Thrift Recessions," NBER Working Papers 19443, National Bureau of Economic Research, Inc.
    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. Horag Choi, 2013. "The Role of Establishment Heterogeneity in the Recovery from Sudden Stops," 2013 Meeting Papers 509, Society for Economic Dynamics.
    21. 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.
    22. 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.
    23. Rudolfs Bems & Julian di Giovanni, 2016. "Income-Induced expenditure switching," Economics Working Papers 1534, Department of Economics and Business, Universitat Pompeu Fabra.
    24. Cardi, Olivier & Restout, Romain, 2023. "Sectoral fiscal multipliers and technology in open economy," Journal of International Economics, Elsevier, vol. 144(C).
    25. 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.
    26. Yothin Jinjarak & Kanda Naknoi, 2013. "Real Exchange Rate Fluctuations, Wage Stickiness and Tradability," Working papers 2013-01, University of Connecticut, Department of Economics.
    27. 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.
    28. 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.
    29. Cabral, René & Mollick, André Varella, 2017. "Mexican real wages and the U.S. economy," Economic Modelling, Elsevier, vol. 64(C), pages 141-152.
    30. 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.
    31. Mr. Yan Carriere-Swallow & Bertrand Gruss & Mr. Nicolas E Magud & Mr. Fabian Valencia, 2016. "Monetary Policy Credibility and Exchange Rate Pass-Through," IMF Working Papers 2016/240, International Monetary Fund.
    32. Gustavo González, 2022. "Commodity price shocks, factor utilization, and productivity dynamics," Working Papers Central Bank of Chile 939, Central Bank of Chile.
    33. Michaud, Amanda & Rothert, Jacek, 2014. "Optimal borrowing constraints and growth in a small open economy," Journal of International Economics, Elsevier, vol. 94(2), pages 326-340.
    34. 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.
    35. Jacek Rothert, 2020. "International Business Cycles In Emerging Markets," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 61(2), pages 753-781, May.
    36. 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.
    37. 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.
    38. Andreas Bachmann & Stefan Leist, 2013. "Sudden stop regimes and output: a Markov switching analysis," Diskussionsschriften dp1307, Universitaet Bern, Departement Volkswirtschaft.
    39. Queralto, Albert, 2020. "A model of slow recoveries from financial crises," Journal of Monetary Economics, Elsevier, vol. 114(C), pages 1-25.
    40. Felipe Schwartzman, 2010. "Time to produce and emerging market crises," Working Paper 10-15, Federal Reserve Bank of Richmond.
    41. 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.
    42. Phuong V. Nguyen, 2020. "The Vietnamese business cycle in an estimated small open economy New Keynesian DSGE model," Journal of Economic Studies, Emerald Group Publishing Limited, vol. 48(5), pages 1035-1063, October.
    43. Timothy J. Kehoe & Kim J. Ruhl, 2007. "Are Shocks to the Terms of Trade Shocks to Productivity?," NBER Working Papers 13111, National Bureau of Economic Research, Inc.
    44. Felipe Meza & David Benjamin, 2007. "Total Factor Productivity and Labor Reallocation: The Case of the Korean 1997 Crisis," 2007 Meeting Papers 157, Society for Economic Dynamics.
    45. 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).
    46. 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.).
    47. Kanda Naknoi, 2017. "Real exchange rate fluctuations, wage stickiness and tradability," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 50(1), pages 94-110, February.
    48. Bertinelli, Luisito & Cardi, Olivier & Restout, Romain, 2022. "Labor market effects of technology shocks biased toward the traded sector," Journal of International Economics, Elsevier, vol. 138(C).
    49. 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).
    50. 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.
    51. 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.
    52. Yuko Imura, 2014. "Credit Market Frictions and Sudden Stops," Staff Working Papers 14-49, Bank of Canada.
    53. Gallego, Francisco A. & Tessada, José A., 2012. "Sudden stops, financial frictions, and labor market flows: Evidence from Latin America," Journal of Development Economics, Elsevier, vol. 97(2), pages 257-268.
    54. Van Nguyen, Phuong, 2020. "The Vietnamese business cycle in an estimated small open economy New Keynesian DSGE model," Dynare Working Papers 56, CEPREMAP.
    55. 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.
    56. Nan Li & Ceyhun Bora Durdu & Emine Boz, 2010. "Labor Market Search in Emerging Economies," 2010 Meeting Papers 255, Society for Economic Dynamics.
    57. 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.
    58. 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.
    59. Hevia, Constantino, 2014. "Emerging market fluctuations: What makes the difference?," Journal of International Economics, Elsevier, vol. 94(1), pages 33-49.
    60. 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.
    61. Carranza, Luis & Galdon-Sanchez, Jose E. & Gomez-Biscarri, Javier, 2011. "The relationship between investment and large exchange rate depreciations in dollarized economies," Journal of International Money and Finance, Elsevier, vol. 30(7), pages 1265-1279.
    62. 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.
    63. Jacek Rothert & Mohammad Rahmati, 2014. "Business Cycle Accounting in a Small Open Economy," Departmental Working Papers 46, United States Naval Academy Department of Economics.
    64. Andreas Bachmann & Stefan Leist, 2017. "Sudden stops and output: an empirical Markov switching analysis," Empirical Economics, Springer, vol. 53(2), pages 525-567, September.
    65. Christopher L. House & Christian Proebsting & Linda L. Tesar, "undated". "Regional Effects of Exchange Rate Fluctuations," Working Papers 673, Research Seminar in International Economics, University of Michigan.
    66. 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.
    67. 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.
    68. Li, Jinyue, 2018. "Sudden stops, financial frictions, and the banking sector," Journal of International Money and Finance, Elsevier, vol. 87(C), pages 144-154.
    69. Ariel Burstein & Gita Gopinath, 2013. "International Prices and Exchange Rates," NBER Working Papers 18829, National Bureau of Economic Research, Inc.
    70. van der Ploeg, Frederick & Venables, Anthony J., 2013. "Absorbing a windfall of foreign exchange: Dutch disease dynamics," Journal of Development Economics, Elsevier, vol. 103(C), pages 229-243.
    71. Mr. Ruy Lama, 2009. "Accounting for Output Drops in Latin America," IMF Working Papers 2009/067, International Monetary Fund.
    72. Gabriela Cugat, 2019. "Emerging markets, household heterogeneity, and exchange rate policy," 2019 Meeting Papers 526, Society for Economic Dynamics.
    73. 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.
    74. 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.
    75. 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.
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    78. Cho, Yujeong & He, Yintao & Huang, Yiping & Wang, Jieru & Yu, Changhua, 2025. "Exchange rate regime and optimal policy: The case of China," Journal of International Money and Finance, Elsevier, vol. 152(C).
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    81. 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.
    82. Joseph B. Steinberg, 2020. "The macroeconomic impact of NAFTA termination," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 53(2), pages 821-865, May.
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    1. María Dolores Guilló & Fidel Pérez-Sebastián, 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. Jee-Hyeong Park, 2010. "Trade-induced Industrialization and Economic Growth," International Economic Journal, Taylor & Francis Journals, vol. 25(3), pages 513-545, July.
    3. 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.
    4. 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.
    5. 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.
    6. Satoshi Honma & Yushi Yoshida, 2018. "Convergence in pollution terms of trade," Discussion Papers CRR Discussion Paper Series A: General 29, Shiga University, Faculty of Economics,Center for Risk Research.
    7. 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.
    8. 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.
    9. 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.
    10. 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.
    11. 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.
    12. 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).
    13. Auer, Raphael, 2015. "Human Capital and the Dynamic Effects of Trade," CEPR Discussion Papers 10691, C.E.P.R. Discussion Papers.
    14. Grier, Kevin & Grier, Robin, 2007. "Only income diverges: A neoclassical anomaly," Journal of Development Economics, Elsevier, vol. 84(1), pages 25-45, September.
    15. Claustre Bajona, 2010. "Demographics in Dynamic Heckscher-Ohlin Models: Overlapping Generations versus Infinitely Lived Consumers," 2010 Meeting Papers 1172, Society for Economic Dynamics.
    16. Basco, Sergi & Mestieri, Marti, 2014. "The World Income Distribution: The Effects of International Unbundling of Production," TSE Working Papers 14-531, Toulouse School of Economics (TSE), revised Nov 2014.
    17. 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.
    18. 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.
    19. 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.
    20. 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.
    21. Francois, Joseph & Shiells, Clinton R., 2008. "Dynamic Factor Price Equalization & International Convergence," CEPR Discussion Papers 7065, C.E.P.R. Discussion Papers.
    22. Emily T. Cremers, 2008. "Transfers, the Terms of Trade and Capital Accumulation," DEGIT Conference Papers c013_018, DEGIT, Dynamics, Economic Growth, and International Trade.
    23. 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.
    24. Fedotenkov, Igor & Van Groezen, Bas & Meijdam, Lex, 2019. "International trade with pensions and demographic shocks," Journal of Pension Economics and Finance, Cambridge University Press, vol. 18(1), pages 140-164, January.
    25. Alvarez, Fernando, 2017. "Capital accumulation and international trade," Journal of Monetary Economics, Elsevier, vol. 91(C), pages 1-18.
    26. 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.
    27. Basant Kapur, 2015. "A symmetric Heckscher–Ohlin model of endogenous growth," Journal of Economics, Springer, vol. 116(3), pages 183-209, November.
    28. Mr. Clinton R. Shiells & Joseph F. Francois, 2008. "Dynamic Factor Price Equalization & International Income Convergence," IMF Working Papers 2008/267, International Monetary Fund.
    29. Michael Sposi & Kei-Mu Yi & Jing Zhang, 2021. "Trade Integration, Global Value Chains, and Capital Accumulation," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 69(3), pages 505-539, September.
    30. 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.
    31. 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.
    32. 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.
    33. Steinberg, Joseph B., 2019. "Brexit and the macroeconomic impact of trade policy uncertainty," Journal of International Economics, Elsevier, vol. 117(C), pages 175-195.
    34. 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).
    35. Andrea Ingianni, 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.
    36. 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.
    37. 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.
    38. Elisa Giannone, 2017. "Skill-Biased Technical Change and Regional Convergence," 2017 Meeting Papers 190, Society for Economic Dynamics.
    39. 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.
    40. Partha Sen & Koji Shimomura, 2017. "Convergence and Overtaking in a Dynamic two Country Model," Open Economies Review, Springer, vol. 28(1), pages 107-124, February.
    41. Partha Sen, 2013. "Capital Accumulation and Convergence in a Small Open Economy," Review of International Economics, Wiley Blackwell, vol. 21(4), pages 690-704, September.
    42. Julian Emami Namini, 2009. "International Trade with Firm Heterogeneity in Factor Shares," Tinbergen Institute Discussion Papers 09-020/1, Tinbergen Institute.
    43. E. Young Song, 2014. "Trade and the Speed of Convergence," Review of Development Economics, Wiley Blackwell, vol. 18(1), pages 1-12, February.
    44. 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.
    45. Bolhuis, Marijn, 2019. "Catch-Up Growth and Inter-Industry Productivity Spillovers," MPRA Paper 94730, University Library of Munich, Germany.
    46. Hübler, Michael, 2013. "South-North convergence from a new perspective," ZEW Discussion Papers 13-104, ZEW - Leibniz Centre for European Economic Research.
    47. 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.
    48. Chatterjee, Partha & Shukayev, Malik, 2012. "A stochastic dynamic model of trade and growth: Convergence and diversification," Journal of Economic Dynamics and Control, Elsevier, vol. 36(3), pages 416-432.
    49. 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.
    50. Partha Sen, 2010. "Monetary Policy, Capital Flows, And The Exchange Rate," Working papers 193, Centre for Development Economics, Delhi School of Economics.
    51. 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.
    52. Han, Junhee & Lee, Keun, 2022. "Heterogeneous technology and specialization for economic growth beyond the middle-income stage," Economic Modelling, Elsevier, vol. 112(C).
    53. 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.
    54. 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.
    55. Clemens Struck & Adnan Velic, 2016. "Competing Gains From Trade," Trinity Economics Papers tep1116, Trinity College Dublin, Department of Economics, revised Apr 2018.
    56. 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.
    57. Yunfang Hu & Kazuo Mino, 2011. "Globalization and Volatility under Alternative Trade Structures," KIER Working Papers 791, Kyoto University, Institute of Economic Research.
    58. Joseph B. Steinberg, 2020. "The macroeconomic impact of NAFTA termination," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 53(2), pages 821-865, May.
    59. 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.
    60. 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.
    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.

  32. 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. Gibson, Mark & Graciano, Tim, 2011. "Trade Models with Heterogeneous Firms: What About Importing?," MPRA Paper 33048, University Library of Munich, Germany.
    4. 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.
    5. Ramanarayanan, Ananth, 2017. "Imported inputs, irreversibility, and international trade dynamics," Journal of International Economics, Elsevier, vol. 104(C), pages 1-18.
    6. Emre Özçelik & Mustafa Tuğan, 2024. "Terms‐of‐trade effects of productivity shocks in developing economies," Review of International Economics, Wiley Blackwell, vol. 32(4), pages 1587-1606, September.
    7. 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.
    8. 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.
    9. Kuralbayeva, Karlygash & Stefanski, Radoslaw, 2013. "Windfalls, structural transformation and specialization," Journal of International Economics, Elsevier, vol. 90(2), pages 273-301.
    10. 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.
    11. Julian di Giovanni & Andrei A. Levchenko & Isabelle Méjean, 2020. "Foreign Shocks as Granular Fluctuations," Staff Reports 947, Federal Reserve Bank of New York.
    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. 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.
    14. Francois de Soyres, 2016. "Trade and Interdependence in International Networks," 2016 Meeting Papers 157, Society for Economic Dynamics.
    15. 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.
    16. Oviedo, P. Marcelo & Singh, Rajesh, 2013. "Investment composition and international business cycles," Journal of International Economics, Elsevier, vol. 89(1), pages 79-95.
    17. 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.
    18. 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).
    19. 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.
    20. 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.
    21. Ilham Haouas & Raimundo Soto, 2012. "Has the UAE Escaped the Oil Curse?," Documentos de Trabajo 412, Instituto de Economia. Pontificia Universidad Católica de Chile..
    22. 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.
    23. Gianluca Benigno & Huigang Chen & Chris Otrok & Alessandro Rebucci & Eric Young, 2012. "Optimal Policy for Macro-Financial Stability," CEP Discussion Papers dp1172, Centre for Economic Performance, LSE.
    24. 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.
    25. George Alessandria & Sangeeta Pratap & Vivian Z. Yue, 2013. "Export dynamics in large devaluations," International Finance Discussion Papers 1087, Board of Governors of the Federal Reserve System (U.S.).
    26. Jacek Rothert, 2012. "Productivity or Demand? Identifying Sources of Fluctuations in Small Open Economies," 2012 Meeting Papers 187, Society for Economic Dynamics.
    27. Nicholas Oulton, 2023. "The effect of changes in the terms of trade on GDP and welfare: A Divisia approach to the System of National Accounts," Manchester School, University of Manchester, vol. 91(4), pages 261-282, July.
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    29. 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.
    30. Llosa, Luis-Gonzalo, 2013. "How Do Terms of Trade Affect Productivity? The Role of Monopolistic Output Markets," Working Papers 2013-007, Banco Central de Reserva del Perú.
    31. 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.
    32. Costas Arkolakis & Ananth Ramanarayanan, 2008. "Vertical specialization and international business cycle synchronization," Globalization Institute Working Papers 21, Federal Reserve Bank of Dallas.
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    34. David Baqaee & Emmanuel Farhi, 2019. "Networks, Barriers, and Trade," NBER Working Papers 26108, National Bureau of Economic Research, Inc.
    35. 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.
    36. Daude, Christian, 2013. "Understanding Solow residuals in Latin America," LSE Research Online Documents on Economics 123222, London School of Economics and Political Science, LSE Library.
    37. Mario J. Crucini & J. Scott Davis, 2013. "Distribution Capital and the Short- and Long-Run Import Demand Elasticity," NBER Working Papers 18753, National Bureau of Economic Research, Inc.
    38. Colantone, Italo & Crinò, Rosario, 2014. "New imported inputs, new domestic products," Journal of International Economics, Elsevier, vol. 92(1), pages 147-165.
    39. Silva, Alvaro & Caraiani, Petre & Miranda-Pinto, Jorge & Olaya-Agudelo, Juan, 2024. "Commodity prices and production networks in small open economies," Journal of Economic Dynamics and Control, Elsevier, vol. 168(C).
    40. 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.
    41. Andrés Fernández & Stephanie Schmitt-Grohé & Martín Uribe, 2020. "Does the Commodity Super Cycle Matter?," NBER Working Papers 27589, National Bureau of Economic Research, Inc.
    42. Juan Carlos Conesa & Pau S. Pujolas, 2017. "The Canadian Productivity Stagnation, 2002-2014," Department of Economics Working Papers 2017-04, McMaster University, revised Sep 2017.
    43. Hakon Tretvoll & Fernando Leibovici & David Kohn, 2017. "Trade in Commodities and Emerging Market Business Cycles," 2017 Meeting Papers 743, Society for Economic Dynamics.
    44. Demosthenes N. Tambakis & Nikola Tarashev, 2012. "Systematic monetary policy and the forward premium puzzle," BIS Working Papers 396, Bank for International Settlements.
    45. Francesco Caselli & Miklos Koren & Milan Lisicky & Silvana Tenreyro, 2015. "Diversification through Trade," CEP Discussion Papers dp1388, Centre for Economic Performance, LSE.
    46. J. Scott Davis & Kevin X. D. Huang, 2010. "International real business cycles with endogenous markup variability," Globalization Institute Working Papers 60, Federal Reserve Bank of Dallas.
    47. 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.
    48. 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.).
    49. Correa-López Mónica & de Blas Beatriz, 2012. "International Transmission of Medium-Term Technology Cycles: Evidence from Spain as a Recipient Country," The B.E. Journal of Macroeconomics, De Gruyter, vol. 12(1), pages 1-52, November.
    50. 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.
    51. 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.
    52. 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.
    53. 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.
    54. 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).
    55. 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.
    56. Paul Ilhak Ko, 2020. "Dissecting Trade and Business Cycle Co-movement," 2020 Papers pko1026, Job Market Papers.
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    58. Federico Huneeus & Yasutaka Koike-Mori & Antonio Martner, 2025. "The Anatomy of Aggregate Productivity," Working Papers Central Bank of Chile 1050, Central Bank of Chile.
    59. Sang-Wook Stanley Cho & Julián P. Díaz, 2019. "Skill premium divergence: the roles of trade, capital and demographics," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 67(1), pages 249-283, February.
    60. Francois de Soyres & Alexandre Gaillard, 2019. "Value Added and Productivity Linkages Across Countries," International Finance Discussion Papers 1266, Board of Governors of the Federal Reserve System (U.S.).
    61. Paul Corrigan, 2017. "Terms-of-Trade and House Price Fluctuations: A Cross-Country Study," Staff Working Papers 17-1, Bank of Canada.
    62. Drechsel, Thomas & Tenreyro, Silvana, 2018. "Commodity booms and busts in emerging economies," Journal of International Economics, Elsevier, vol. 112(C), pages 200-218.
    63. Andrian, Leandro Gaston, 2010. "Essays on energy economics: Microeconomic and macroeconomic dimensions," ISU General Staff Papers 201001010800002725, Iowa State University, Department of Economics.
    64. 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.
    65. 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).
    66. Rubini, Loris, 2009. "Innovation and the Elasticity of Trade Volumes to Tariff Reductions," MPRA Paper 21484, University Library of Munich, Germany.
    67. 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.
    68. 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.
    69. Godfrey J. Kweka, 2024. "Terms of trade volatility and tax revenue in Sub‐Saharan African countries," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 95(3), pages 655-674, September.
    70. Proebsting, Christian, 2022. "Market segmentation and spending multipliers," Journal of Monetary Economics, Elsevier, vol. 128(C), pages 1-19.
    71. 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).
    72. 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.
    73. 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.
    74. Hevia, Constantino, 2014. "Emerging market fluctuations: What makes the difference?," Journal of International Economics, Elsevier, vol. 94(1), pages 33-49.
    75. 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.
    76. Juvenal, Luciana & Santos Monteiro, Paulo, 2017. "Trade and synchronization in a multi-country economy," European Economic Review, Elsevier, vol. 92(C), pages 385-415.
    77. Robert Zymek & Alejandro Cunat, 2017. "International Value-Added Linkages in Development Accounting," Edinburgh School of Economics Discussion Paper Series 281, Edinburgh School of Economics, University of Edinburgh.
    78. 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).
    79. Oviedo, P. Marcelo & Singh, Rajesh, 2012. "Investment Composition and International Business Cycles," Staff General Research Papers Archive 35096, Iowa State University, Department of Economics.
    80. 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.
    81. Christian Daude, 2012. "Development Accounting: Lessons for Latin America," OECD Development Centre Working Papers 313, OECD Publishing.
    82. Feenstra, Robert C. & Heston, Alan & Timmer, Marcel P. & Deng, Haiyan, 2007. "Estimating Real Production and Expenditures Across Nations: A Proposal for Improving the Penn World Tables," GGDC Research Memorandum GD-95, Groningen Growth and Development Centre, University of Groningen.
    83. Ariel Burstein & Javier Cravino, 2012. "Measured Aggregate Gains from International Trade," NBER Working Papers 17767, National Bureau of Economic Research, Inc.
    84. Ayres, Joao & Hevia, Constantino & Nicolini, Juan Pablo, 2020. "Real exchange rates and primary commodity prices," Journal of International Economics, Elsevier, vol. 122(C).
    85. Ortega, Daniel E., 2013. "Comment," LSE Research Online Documents on Economics 123305, London School of Economics and Political Science, LSE Library.
    86. Gita Gopinath & Brent Neiman, 2011. "Trade adjustment and productivity in large crises," Working Papers 11-9, Federal Reserve Bank of Boston.
    87. Rubini, Loris, 2014. "Innovation and the trade elasticity," Journal of Monetary Economics, Elsevier, vol. 66(C), pages 32-46.
    88. 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.
    89. Dainauskas, Justas, 2024. "The network origins of trade comovement," Journal of International Economics, Elsevier, vol. 152(C).
    90. 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.
    91. 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.
    92. 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.
    93. 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.
    94. Teresiński, Jan, 2019. "Total factor productivity and the terms of trade," IWH-CompNet Discussion Papers 6/2019, Halle Institute for Economic Research (IWH).
    95. 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.
    96. 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.
    97. 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.
    98. 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.
    99. Seon Tae Kim, 2014. "The Price of Imports and TFP: Application to the Korean Crisis of 1997-98," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 17(1), pages 39-51, January.
    100. 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.
    101. Timothy J. Kehoe & Kim J. Ruhl, 2010. "Why have economic reforms in Mexico not generated growth?," Staff Report 453, Federal Reserve Bank of Minneapolis.

  33. 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. 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.
    3. Jönsson, Kristian, 2005. "Real Exchange Rate and Consumption Fluctuations following Trade Liberalization," Working Paper Series 187, Sveriges Riksbank (Central Bank of Sweden).
    4. 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.
    5. 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.
    6. 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.
    7. 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.
    8. 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.
    9. Christopoulos, Dimitris K. & Gente, Karine & León-Ledesma, Miguel A., 2012. "Net foreign assets, productivity and real exchange rates in constrained economies," European Economic Review, Elsevier, vol. 56(3), pages 295-316.
    10. 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.
    11. 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.
    12. Arsham Reisinezhad, 2018. "Economic Growth and Income Inequality in Resource Countries: Theory and Evidence," PSE Working Papers halshs-01707976, HAL.
    13. 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).
    14. Chatterjee, Santanu & Turnovsky, Stephen J., 2018. "Remittances and the informal economy," Journal of Development Economics, Elsevier, vol. 133(C), pages 66-83.
    15. 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.
    16. Silvio Contessi, 2010. "How does multinational production change international comovement?," Working Papers 2010-041, Federal Reserve Bank of St. Louis.
    17. 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.
    18. 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.
    19. 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.
    20. 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.
    21. 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).
    22. 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.
    23. Lenarčič, Črt, 2019. "Inflation – Harrod-Balassa-Samuelson effect in a DSGE model setting," MPRA Paper 101199, University Library of Munich, Germany.
    24. Radek Stefanski, 2019. "Boom Goes the Price: Giant Resource Discoveries and Real Exchange Rate Appreciation," 2019 Meeting Papers 101, Society for Economic Dynamics.
    25. 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.
    26. Aydan Dogan & Timo Bettendorf, 2018. "Revisiting real exchange rate volatility: Non-traded goods and cointegrated tfp Chockse," UB School of Economics Working Papers 2018/375, University of Barcelona School of Economics.
    27. 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).
    28. Itskhoki, Oleg, 2020. "The Story of the Real Exchange Rate," CEPR Discussion Papers 15572, C.E.P.R. Discussion Papers.
    29. 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.
    30. Michael B. Devereux & James Yetman, 2002. "Price Setting and Exhange Rate Pass-Through," Working Papers 222002, Hong Kong Institute for Monetary Research.
    31. Andrés Sagner, 2010. "Implied Probability Distribution in Financial Options," Working Papers Central Bank of Chile 597, Central Bank of Chile.
    32. Paul R. Bergin & Reuven Glick, 2003. "Endogenous Tradability and Macroeconomic Implications," NBER Working Papers 9739, National Bureau of Economic Research, Inc.
    33. 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.
    34. 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.
    35. Kanda Naknoi, 2005. "Real Exchange Rate Fluctuations and Endogenous Tradability," 2005 Meeting Papers 857, Society for Economic Dynamics.
    36. Javier Cravino & Samuel E. Haltenhof, 2017. "Real Exchange Rates, Income per Capita, and Sectoral Input Shares," Working Papers 659, Research Seminar in International Economics, University of Michigan.
    37. Reuven Glick & Paul Bergin, 2003. "Endogenous Nontradability and Macroeconomic Implications," Computing in Economics and Finance 2003 106, Society for Computational Economics.
    38. Bache, Ida Wolden & Sveen, Tommy & Torstensen, Kjersti Næss, 2013. "Revisiting the importance of non-tradable goods' prices in cyclical real exchange rate fluctuations," European Economic Review, Elsevier, vol. 57(C), pages 98-107.
    39. 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).
    40. Sai Ma & Tim Schmidt-Eisenlohr & Shaojun Zhang, 2020. "The Effect of the Dollar on Trade Prices," CESifo Working Paper Series 8727, CESifo.
    41. Reuven Glick & Paul Bergin, 2004. "Productivity and Tradability," 2004 Meeting Papers 327, Society for Economic Dynamics.
    42. 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.
    43. 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.
    44. Oyakhilome IBHAGUI, 2017. "Understanding the sources of high current account fluctuations in 5 developed economies," Turkish Economic Review, KSP Journals, vol. 4(3), pages 250-274, September.
    45. 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.
    46. 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.
    47. Charles Engel, 2002. "Expenditure Switching and Exchange Rate Policy," NBER Working Papers 9016, National Bureau of Economic Research, Inc.
    48. 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.
    49. 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.
    50. 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.
    51. Aaron Tornell & Frank Westermann, 2005. "Boom-Bust Cycles and Financial Liberalization," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262201593, December.
    52. 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.
    53. 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.
    54. 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.
    55. 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.
    56. 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.
    57. 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.
    58. 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.
    59. Aaron Tornell, 2002. "The Credit Channel in Middle Income Countries (October 2002), with Frank Westermann," UCLA Economics Online Papers 216, UCLA Department of Economics.
    60. Aaron Tornell & Frank Westermann, 2002. "Boom-Bust Cycles in Middle Income Countries: Facts and Explanation," NBER Working Papers 9219, National Bureau of Economic Research, Inc.
    61. 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.
    62. 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.
    63. 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.
    64. 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.
    65. 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.
    66. 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.
    67. Aaron Tornell & Frank Westermann, 2002. "The Credit Channel in Middle Income Countries," NBER Working Papers 9355, National Bureau of Economic Research, Inc.
    68. 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.
    69. Cho, Dooyeon & Doblas-Madrid, Antonio, 2014. "Trade intensity and purchasing power parity," Journal of International Economics, Elsevier, vol. 93(1), pages 194-209.
    70. Sai Ma & Tim Schmidt-Eisenlohr, 2023. "The Financial Channel of the Exchange Rate and Global Trade," CESifo Working Paper Series 10495, CESifo.
    71. 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.
    72. Kurokawa, Yoshinori & Pang, Jiaren & Tang, Yao, 2016. "Exchange rate regimes and wage comovements in a Ricardian model with money," Journal of International Economics, Elsevier, vol. 102(C), pages 96-109.
    73. Serge Rey, 2009. "L’apport du NATREX à la modélisation des taux de change d’équilibre : théorie et application au dollar canadien," L'Actualité Economique, Société Canadienne de Science Economique, vol. 85(2), pages 131-181.
    74. 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.
    75. 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.
    76. 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.
    77. 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.
    78. Aaron Tornell, 2003. "Liberalization, Growth and Financial Crises (October 2003)," UCLA Economics Online Papers 276, UCLA Department of Economics.
    79. 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 St George's, University of London.

  34. 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. Gibson, Mark & Graciano, Tim, 2011. "Trade Models with Heterogeneous Firms: What About Importing?," MPRA Paper 33048, University Library of Munich, Germany.
    4. 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.
    5. Claudia S. Gómez-López & Luis A.Puch, 2008. "Macroeconomic Consequences of International Commodity Price Shocks," Working Papers 2008-27, FEDEA.
    6. Fabio Canova & David López-Salido & Claudio Michelacci, 2007. "The labor market effects of technology shocks," Working Papers 0719, Banco de España.
    7. Ramanarayanan, Ananth, 2017. "Imported inputs, irreversibility, and international trade dynamics," Journal of International Economics, Elsevier, vol. 104(C), pages 1-18.
    8. Emre Özçelik & Mustafa Tuğan, 2024. "Terms‐of‐trade effects of productivity shocks in developing economies," Review of International Economics, Wiley Blackwell, vol. 32(4), pages 1587-1606, September.
    9. 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.
    10. 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.
    11. 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.
    12. 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.
    13. Kuralbayeva, Karlygash & Stefanski, Radoslaw, 2013. "Windfalls, structural transformation and specialization," Journal of International Economics, Elsevier, vol. 90(2), pages 273-301.
    14. 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.
    15. Julian di Giovanni & Andrei A. Levchenko & Isabelle Méjean, 2020. "Foreign Shocks as Granular Fluctuations," Staff Reports 947, Federal Reserve Bank of New York.
    16. 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.
    17. 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.
    18. Francois de Soyres, 2016. "Trade and Interdependence in International Networks," 2016 Meeting Papers 157, Society for Economic Dynamics.
    19. 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.
    20. Oviedo, P. Marcelo & Singh, Rajesh, 2013. "Investment composition and international business cycles," Journal of International Economics, Elsevier, vol. 89(1), pages 79-95.
    21. 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.
    22. 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).
    23. 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.
    24. 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.
    25. 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.
    26. Ilham Haouas & Raimundo Soto, 2012. "Has the UAE Escaped the Oil Curse?," Documentos de Trabajo 412, Instituto de Economia. Pontificia Universidad Católica de Chile..
    27. 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.
    28. Gianluca Benigno & Huigang Chen & Chris Otrok & Alessandro Rebucci & Eric Young, 2012. "Optimal Policy for Macro-Financial Stability," CEP Discussion Papers dp1172, Centre for Economic Performance, LSE.
    29. 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.
    30. George Alessandria & Sangeeta Pratap & Vivian Z. Yue, 2013. "Export dynamics in large devaluations," International Finance Discussion Papers 1087, Board of Governors of the Federal Reserve System (U.S.).
    31. Jacek Rothert, 2012. "Productivity or Demand? Identifying Sources of Fluctuations in Small Open Economies," 2012 Meeting Papers 187, Society for Economic Dynamics.
    32. Nicholas Oulton, 2023. "The effect of changes in the terms of trade on GDP and welfare: A Divisia approach to the System of National Accounts," Manchester School, University of Manchester, vol. 91(4), pages 261-282, July.
    33. 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.
    34. 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.
    35. Llosa, Luis-Gonzalo, 2013. "How Do Terms of Trade Affect Productivity? The Role of Monopolistic Output Markets," Working Papers 2013-007, Banco Central de Reserva del Perú.
    36. 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.
    37. Costas Arkolakis & Ananth Ramanarayanan, 2008. "Vertical specialization and international business cycle synchronization," Globalization Institute Working Papers 21, Federal Reserve Bank of Dallas.
    38. de Soyres, Francois & Gaillard, Alexandre, 2020. "Global Trade and GDP Co-Movement," MPRA Paper 100518, University Library of Munich, Germany.
    39. David Baqaee & Emmanuel Farhi, 2019. "Networks, Barriers, and Trade," NBER Working Papers 26108, National Bureau of Economic Research, Inc.
    40. 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.
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    67. Paul Corrigan, 2017. "Terms-of-Trade and House Price Fluctuations: A Cross-Country Study," Staff Working Papers 17-1, Bank of Canada.
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    69. Andrian, Leandro Gaston, 2010. "Essays on energy economics: Microeconomic and macroeconomic dimensions," ISU General Staff Papers 201001010800002725, Iowa State University, Department of Economics.
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    72. Rubini, Loris, 2009. "Innovation and the Elasticity of Trade Volumes to Tariff Reductions," MPRA Paper 21484, University Library of Munich, Germany.
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    74. 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.
    75. Godfrey J. Kweka, 2024. "Terms of trade volatility and tax revenue in Sub‐Saharan African countries," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 95(3), pages 655-674, September.
    76. Proebsting, Christian, 2022. "Market segmentation and spending multipliers," Journal of Monetary Economics, Elsevier, vol. 128(C), pages 1-19.
    77. 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).
    78. 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.
    79. 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.
    80. Hevia, Constantino, 2014. "Emerging market fluctuations: What makes the difference?," Journal of International Economics, Elsevier, vol. 94(1), pages 33-49.
    81. 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.
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    83. Robert Zymek & Alejandro Cunat, 2017. "International Value-Added Linkages in Development Accounting," Edinburgh School of Economics Discussion Paper Series 281, Edinburgh School of Economics, University of Edinburgh.
    84. 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).
    85. Oviedo, P. Marcelo & Singh, Rajesh, 2012. "Investment Composition and International Business Cycles," Staff General Research Papers Archive 35096, Iowa State University, Department of Economics.
    86. 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.
    87. 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.
    88. Christian Daude, 2012. "Development Accounting: Lessons for Latin America," OECD Development Centre Working Papers 313, OECD Publishing.
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    90. 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.
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    97. Dainauskas, Justas, 2024. "The network origins of trade comovement," Journal of International Economics, Elsevier, vol. 152(C).
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    105. 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.
    106. 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.
    107. Seon Tae Kim, 2014. "The Price of Imports and TFP: Application to the Korean Crisis of 1997-98," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 17(1), pages 39-51, January.
    108. 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.
    109. Timothy J. Kehoe & Kim J. Ruhl, 2010. "Why have economic reforms in Mexico not generated growth?," Staff Report 453, Federal Reserve Bank of Minneapolis.

  35. 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. 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. 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.
    3. Dimitris Papageorgiou & Stylianos Tsiaras, 2021. "The Greek Great Depression from a neoclassical perspective," Working Papers 286, Bank of Greece.
    4. 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.
    5. 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.
    6. Gorodnichenko, Yuriy & Mendoza, Enrique G. & Tesar, Linda L., 2009. "The Finnish Great Depression: From Russia with Love," IZA Discussion Papers 4113, Institute of Labor Economics (IZA).
    7. 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.).
    8. 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.
    9. 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.
    10. 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.
    11. Sybille Lehwald, 2013. "Has the Euro changed business cycle synchronization? Evidence from the core and the periphery," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 40(4), pages 655-684, November.
    12. Juan Carlos Conesa & Pau S. Pujolas, 2017. "The Canadian Productivity Stagnation, 2002-2014," Department of Economics Working Papers 2017-04, McMaster University, revised Sep 2017.
    13. Konstantinos Angelopoulos & Bernardo X. Fernandez & Jim Malley, 2011. "The Distributional Consequences of Supply-Side Reforms in General Equilibrium," CESifo Working Paper Series 3504, CESifo.
    14. Oliver Loertscher & Pau S. Pujolas, 2024. "Canadian productivity growth: Stuck in the oil sands," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 57(2), pages 478-501, May.
    15. 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.
    16. Vasilev, Aleksandar, 2016. "Business Cycle Accounting: Bulgaria after the introduction of the currency board arrangement (1999-2014)," EconStor Preprints 144816, ZBW - Leibniz Information Centre for Economics.
    17. Mavrigiannakis, Konstantinos & Vasilatos, Andreas & Vella, Eugenia, 2025. "Fiscal tightening and skills mismatch," European Economic Review, Elsevier, vol. 174(C).
    18. Çiçek, Deniz & Elgin, Ceyhun, 2011. "Not-quite-great depressions of Turkey: A quantitative analysis of economic growth over 1968–2004," Economic Modelling, Elsevier, vol. 28(6), pages 2691-2700.
    19. Vasilev, Aleksandar, 2015. "The welfare effect of flat income tax reform: the case of Bulgaria," EconStor Preprints 144527, ZBW - Leibniz Information Centre for Economics.
    20. Dimitris Papageorgiou, 2009. "Macroeconomic Implications of Alternative Tax Regimes: The Case of Greece," Working Papers 97, Bank of Greece.
    21. Konstantinos Angelopoulos & Jim Malley & Apostolis Philippopoulos, 2013. "Human Capital, Social Mobility and the Skill Premium," CESifo Working Paper Series 4388, CESifo.
    22. Wei Jiang, 2014. "Tax Reforms in Search-and-Matching Models with Heterogeneous Agents," Studies in Economics 1414, School of Economics, University of Kent.
    23. 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.
    24. 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.
    25. 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..
    26. 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).
    27. 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.
    28. Kim Ruhl & Joseph Steinberg & Timothy Kehoe, 2013. "Global Imbalances and Structural Change in the United States," 2013 Meeting Papers 1089, Society for Economic Dynamics.
    29. Dimitris Papageorgiou, 2014. "BoGGEM: a dynamic stochastic general equilibrium model for policy simulations," Working Papers 182, Bank of Greece.
    30. Crespo-Cuaresma, Jesús & Fernández-Amador, Octavio, 2013. "Business cycle convergence in EMU: A first look at the second moment," Journal of Macroeconomics, Elsevier, vol. 37(C), pages 265-284.
    31. 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.
    32. Dalton, John, 2012. "The Evolution of Taxes and Hours Worked in Austria, 1970-2005," MPRA Paper 48222, University Library of Munich, Germany.
    33. Zachary L. Mahone & Joaquin Naval & Pau S. Pujolas, 2018. "The Neoclassical Growth Model and the Labor Share Decline," Department of Economics Working Papers 2018-07, McMaster University.
    34. 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.
    35. 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.
    36. 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).
    37. Papageorgiou, Dimitris, 2012. "Fiscal policy reforms in general equilibrium: The case of Greece," Journal of Macroeconomics, Elsevier, vol. 34(2), pages 504-522.
    38. Giménez, Eduardo L. & Montero, María, 2015. "The Great Depression in Spain," Economic Modelling, Elsevier, vol. 44(C), pages 200-214.
    39. 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.
    40. Hansen, G.D. & Ohanian, L.E., 2016. "Neoclassical Models in Macroeconomics," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 2043-2130, Elsevier.

  36. 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. Gordon, Grey, 2017. "Optimal bankruptcy code: A fresh start for some," Journal of Economic Dynamics and Control, Elsevier, vol. 85(C), pages 123-149.

  37. 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. Adriano A. Rampini & S. Viswanathan, 2017. "Financial Intermediary Capital," NBER Working Papers 23302, National Bureau of Economic Research, Inc.
    5. 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.).
    6. Igor Livshits, 2015. "Recent Developments In Consumer Credit And Default Literature," Journal of Economic Surveys, Wiley Blackwell, vol. 29(4), pages 594-613, September.
    7. 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.
    8. 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.
    9. Gordon, Grey, 2017. "Optimal bankruptcy code: A fresh start for some," Journal of Economic Dynamics and Control, Elsevier, vol. 85(C), pages 123-149.
    10. S. Viswanathan & Adriano A. Rampini, 2008. "Collateral, Financial Intermediation, and the Distribution of Debt Capacity," 2008 Meeting Papers 116, Society for Economic Dynamics.
    11. 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.

  38. 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. Partha Sen, 2012. "Capital Accumulation And Convergence In A Small Open Economy," Working papers 212, Centre for Development Economics, Delhi School of Economics.
    3. Shang-Jin Wei & Jiandong Ju, 2008. "Current Account Adjustment: Some New Theory and Evidence," 2008 Meeting Papers 851, Society for Economic Dynamics.
    4. 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.
    5. Partha Chatterjee & Malik Shukayev, 2008. "A Stochastic Dynamic Model of Trade and Growth: Convergence and Diversification," DEGIT Conference Papers c013_034, DEGIT, Dynamics, Economic Growth, and International Trade.
    6. 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.
    7. 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.
    8. 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.
    9. Francois, Joseph & Shiells, Clinton R., 2008. "Dynamic Factor Price Equalization & International Convergence," CEPR Discussion Papers 7065, C.E.P.R. Discussion Papers.
    10. Emily T. Cremers, 2008. "Transfers, the Terms of Trade and Capital Accumulation," DEGIT Conference Papers c013_018, DEGIT, Dynamics, Economic Growth, and International Trade.
    11. 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.
    12. 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.
    13. Mr. Clinton R. Shiells & Joseph F. Francois, 2008. "Dynamic Factor Price Equalization & International Income Convergence," IMF Working Papers 2008/267, International Monetary Fund.
    14. Naito, Takumi & Zhao, Laixun, 2009. "Aging, transitional dynamics, and gains from trade," Journal of Economic Dynamics and Control, Elsevier, vol. 33(8), pages 1531-1542, August.
    15. Rodrigues, Mauro, 2010. "Import substitution and economic growth," Journal of Monetary Economics, Elsevier, vol. 57(2), pages 175-188, March.
    16. Partha Sen & Koji Shimomura, 2016. "Convergence and Overtaking in a Dynamic Two Country Model," CESifo Working Paper Series 6027, CESifo.
    17. 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.
    18. Antoine Le Riche, 2014. "Macroeconomic Volatility and Trade in OLG Economies," AMSE Working Papers 1446, Aix-Marseille School of Economics, France, revised Nov 2014.
    19. 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.
    20. María Dolores Guilló & Fidel Pérez-Sebastián, 2012. "Neoclassical Growth and the Natural Resource Curse Puzzle," QM&ET Working Papers 12-14, University of Alicante, D. Quantitative Methods and Economic Theory.
    21. Emily T. Cremers & Partha Sen, 2009. "Transfers, the terms of trade, and capital accumulation," Canadian Journal of Economics, Canadian Economics Association, vol. 42(4), pages 1599-1616, November.

  39. 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. 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.
    3. Flückiger, Matthias & Ludwig, Markus, 2013. "Chinese Export Competition, Declining Exports and Adjustments at the Industry and Regional Level in Europe," MPRA Paper 48878, University Library of Munich, Germany.
    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. Benjamin Bridgman, 2010. "The Rise of Vertical Specialization Trade," BEA Working Papers 0051, Bureau of Economic Analysis.
    6. 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.
    7. Carlo Altomonte & Filippo Di Mauro & Gianmarco Ottaviano & Armando Rungi & Vincent Vicard, 2012. "Global Value Chains during the Great Trade Collapse: A Bullwhip Effect?," Working papers 364, Banque de France.
    8. 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.
    9. Fernanda Ricotta, 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.
    10. 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.
    11. 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.
    12. 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.
    13. 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.

  40. 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. 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.
    2. 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.
    3. Juan Nicolini & Constantino Hevia & Joao Ayres, 2015. "Real Exchange Rates and Commodity Prices," 2015 Meeting Papers 182, Society for Economic Dynamics.
    4. 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.
    5. Mario J. Crucini & Anthony Landry, 2012. "Accounting for real exchange rates using micro-data," Globalization Institute Working Papers 108, Federal Reserve Bank of Dallas.
    6. 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.
    7. Timothy J. Kehoe, 2003. "What can we learn from the current crisis in Argentina?," Staff Report 318, Federal Reserve Bank of Minneapolis.
    8. 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.
    9. 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.
    10. 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.
    11. 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).
    12. Jean-Olivier Hairault & Thepthida Sopraseuth, 2008. "Fluctuations Internationales et Dynamique du Taux de Change," PSE-Ecole d'économie de Paris (Postprint) halshs-00270284, HAL.
    13. 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.
    14. 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.
    15. Hernandez Vega Marco A., 2012. "Real Exchange Rate Variations, Nontraded Goods and Disaggregated CPI Data," Working Papers 2012-05, Banco de México.
    16. Ariel Burstein & Martin Eichenbaum & Sergio Rebelo, 2005. "The Importance of Nontradable Goods' Prices in Cyclical Real Exchange Rate Fluctuations," NBER Working Papers 11699, National Bureau of Economic Research, Inc.
    17. 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.
    18. Yothin Jinjarak & Kanda Naknoi, 2013. "Real Exchange Rate Fluctuations, Wage Stickiness and Tradability," Working papers 2013-01, University of Connecticut, Department of Economics.
    19. Andrés Sagner, 2010. "Implied Probability Distribution in Financial Options," Working Papers Central Bank of Chile 597, Central Bank of Chile.
    20. Martin Berka & Michael B. Devereux & Charles Engel, 2014. "Real Exchange Rates and Sectoral Productivity in the Eurozone," CAMA Working Papers 2014-66, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    21. Ben Broadbent & Federico Di Pace & Thomas Drechsel & Richard Harrison & Silvana Tenreyro, 2019. "The Brexit Vote, Productivity Growth and Macroeconomic Adjustments in the United Kingdom," Discussion Papers 1916, Centre for Macroeconomics (CFM).
    22. Plasmans, J.E.J. & Fornero, J. & Michalak, T., 2007. "A Microfounded Sectoral Model for Open Economies," Discussion Paper 2007-39, Tilburg University, Center for Economic Research.
    23. 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.
    24. 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.
    25. Crucini, Mario J. & Shintani, Mototsugu, 2008. "Persistence in law of one price deviations: Evidence from micro-data," Journal of Monetary Economics, Elsevier, vol. 55(3), pages 629-644, April.
    26. Ruscher, Eric & Wolff, Guntram B., 2009. "External rebalancing is not just an exporters' story: real exchange rates, the non-tradable sector and the euro," MPRA Paper 19151, University Library of Munich, Germany.
    27. 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).
    28. Jia, Pengfei, 2021. "Optimal Monetary Policy in a Small Open Economy with Non-tradable Goods," MPRA Paper 110805, University Library of Munich, Germany.
    29. 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.
    30. Bems, Rudolfs & Jönsson, Kristian, 2005. "Trade Deficits in the Baltic States: How Long Will the Party Last?," Working Paper Series 186, Sveriges Riksbank (Central Bank of Sweden).
    31. 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.
    32. 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.
    33. Ariel Burstein & Martin Eichenbaum & Sergio Rebelo, 2004. "Large Devaluations and the Real Exchange Rate," RCER Working Papers 513, University of Rochester - Center for Economic Research (RCER).
    34. 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.
    35. Povoledo, Laura, 2012. "Can producer currency pricing models generate volatile real exchange rates?," Economics Letters, Elsevier, vol. 116(3), pages 436-439.
    36. Paul Bergin & Alan M. Taylor & Reuven Glick, 2005. "Productivity, Tradability, and the Long-Run Price Puzzle," Working Papers 278, University of California, Davis, Department of Economics.
    37. Pau Rabanal & Vicente Tuesta, 2013. "Nontradable Goods and the Real Exchange Rate," Open Economies Review, Springer, vol. 24(3), pages 495-535, July.
    38. Michael Dotsey & Margarida Duarte, 2006. "Nontraded goods, market segmentation, and exchange rates," Working Paper 06-03, Federal Reserve Bank of Richmond.
    39. Kyriacos Lambrias, 2013. "News Shocks, Real Exchange Rates and International Co-Movements," BCL working papers 83, Central Bank of Luxembourg.
    40. 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.
    41. Vahagn Davtyan & Haykaz Igityan, 2021. "Structural Reforms in DSGE Model," Working Papers 17, Central Bank of Armenia.
    42. 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.
    43. 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.
    44. Lambrias, Kyriacos, 2011. "World Technology Shocks and the Real Euro-Dollar Exchange Rate," TSE Working Papers 11-261, Toulouse School of Economics (TSE).
    45. Ivanic, Maros & Martin, Will, 2010. "Promoting Global Agricultural Growth and Poverty Reduction," Conference papers 331944, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    46. 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.
    47. 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.
    48. Haifang Huang & Yao Tang, 2013. "How Did Exchange Rates Affect Employment in US Cities?," Working Papers 2013-07, University of Alberta, Department of Economics.
    49. 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.
    50. 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.
    51. 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.
    52. Povoledo, Laura, 2009. "The Volatility of the Tradeable and Nontradeable Sectors: Theory and Evidence," MPRA Paper 14852, University Library of Munich, Germany, revised Feb 2009.
    53. Yan, Isabel K. & Kakkar, Vikas, 2011. "Real Exchange Rates and Productivity: Evidence From Asia," MPRA Paper 35218, University Library of Munich, Germany.
    54. 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.
    55. 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.
    56. 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.
    57. Méjean, Isabelle, 2008. "Can firms' location decisions counteract the Balassa-Samuelson effect?," Journal of International Economics, Elsevier, vol. 76(2), pages 139-154, December.
    58. Ariel Burstein & Gita Gopinath, 2013. "International Prices and Exchange Rates," NBER Working Papers 18829, National Bureau of Economic Research, Inc.
    59. Rebecca Hellerstein, 2006. "A decomposition of the sources of incomplete cross-border transmission," Staff Reports 250, Federal Reserve Bank of New York.
    60. Chaban, Maxym, 2011. "Home bias, distribution services and determinants of real exchange rates," Journal of Macroeconomics, Elsevier, vol. 33(4), pages 793-806.
    61. 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.
    62. 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.
    63. Alice Y. Ouyang & Saumik Paul, 2018. "The Effect of Skilled Emigration on Real Exchange Rates through the Wage Channel," ADBI Working Papers 823, Asian Development Bank Institute.
    64. Bergin, Paul R. & Glick, Reuven, 2009. "Endogenous tradability and some macroeconomic implications," Journal of Monetary Economics, Elsevier, vol. 56(8), pages 1086-1095, November.
    65. 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.
    66. 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.
    67. 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 St George's, University of London.
    68. 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.
    69. Thomas Lubik & Frank Schorfheide, 2005. "A Bayesian Look at New Open Economy Macroeconomics," Economics Working Paper Archive 521, The Johns Hopkins University,Department of Economics.

  41. 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. Vasilev, Aleksandar, 2016. "Business Cycles in Bulgaria and the Baltic Countries: An RBC Approach," EconStor Preprints 144531, ZBW - Leibniz Information Centre for Economics.
    2. 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.
    3. Yannic Stucki & Jacqueline Thomet, 2020. "A neoclassical perspective on Switzerland's 1990s stagnation," Working Papers 2020-22, Swiss National Bank.
    4. Hazledine, Tim & Quiggin, John, "undated". "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.
    5. Amartya Lahiri & Kei-Mu Yi, 2009. "A Tale of Two States: Maharashtra and West Bengal," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 12(3), pages 523-542, July.
    6. Betts, Caroline, 2021. "How many (more) lost decades? The great productivity slowdown in Japan," MPRA Paper 106503, University Library of Munich, Germany.
    7. Çiçek, Deniz & Elgin, Ceyhun, 2011. "Not-quite-great depressions of Turkey: A quantitative analysis of economic growth over 1968–2004," Economic Modelling, Elsevier, vol. 28(6), pages 2691-2700.
    8. Jalil, Muaz, 2009. "Measuring Switzerland's Productivity Performance (1960-2008)," MPRA Paper 65321, University Library of Munich, Germany.
    9. 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.
    10. Mr. Aleš Bulíř & 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.
    11. 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.
    12. 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).
    13. 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.
    14. 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.

  42. 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. Dimitris Papageorgiou & Stylianos Tsiaras, 2021. "The Greek Great Depression from a neoclassical perspective," Working Papers 286, Bank of Greece.
    2. Jérôme Sgard, 2004. "Ce qu’on en dit après : le « currency board » argentin et sa fin tragique," Sciences Po Economics Publications (main) hal-01019663, HAL.
    3. 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.
    4. Campos, Nauro F. & Karanasos, Menelaos G. & Tan, Bin, 2014. "From Riches to Rags, and Back? Institutional Change, Financial Development and Economic Growth in Argentina since the 1890s," IZA Discussion Papers 8654, Institute of Labor Economics (IZA).
    5. 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.
    6. 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.
    7. 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).
    8. Campos, Nauro & Karanasos, Menelaos & Tan, Bin, 2008. "Two to Tangle: Financial Development, Political Instability and Economic Growth in Argentina (1896-2000)," CEPR Discussion Papers 7004, C.E.P.R. Discussion Papers.
    9. Çiçek, Deniz & Elgin, Ceyhun, 2011. "Not-quite-great depressions of Turkey: A quantitative analysis of economic growth over 1968–2004," Economic Modelling, Elsevier, vol. 28(6), pages 2691-2700.
    10. 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.
    11. Jérôme Sgard, 2004. "Ce qu’on en dit après : le « currency board » argentin et sa fin tragique," Post-Print hal-01019663, HAL.
    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. Erwan Quintin & Sangeeta Pratap, 2009. "Financial Crises and Labor Market Turbulence," 2009 Meeting Papers 744, Society for Economic Dynamics.
    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. 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.
    16. 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.

  43. 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.
    3. Daniel Garces Diaz, 2018. "Trade, Productivity and Synchrony in Mexican and United States Manufacturing," 2018 Meeting Papers 41, Society for Economic Dynamics.
    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. Vasilev, Aleksandar, 2016. "Business Cycles in Bulgaria and the Baltic Countries: An RBC Approach," EconStor Preprints 144531, ZBW - Leibniz Information Centre for Economics.
    6. Claudia S. Gómez-López & Luis A.Puch, 2008. "Macroeconomic Consequences of International Commodity Price Shocks," Working Papers 2008-27, FEDEA.
    7. Dimitris Papageorgiou & Stylianos Tsiaras, 2021. "The Greek Great Depression from a neoclassical perspective," Working Papers 286, Bank of Greece.
    8. Diego Restuccia & Richard Rogerson, 2007. "Policy Distortions and Aggregate Productivity with Heterogeneous Plants," NBER Working Papers 13018, National Bureau of Economic Research, Inc.
    9. Andres Fernandez & Ayse Imrohoroglu & Cesar Tamayo, 2018. "Saving Rates in Latin America: A Neoclassical Perspective," 2018 Meeting Papers 1229, Society for Economic Dynamics.
    10. 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).
    11. 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.
    12. Betty Agnani & Amaia Iza, 2011. "Growth in an oil abundant economy: The case of Venezuela," Journal of Applied Economics, Universidad del CEMA, vol. 14, pages 61-79, May.
    13. Juan Pablo Medina, 2004. "Endogenous Financial Constraints: Persistence and Interest Rate Fluctuations," Working Papers Central Bank of Chile 290, Central Bank of Chile.
    14. 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).
    15. 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.
    16. Guner, Nezih & Ventura, Gustavo & Xu, Daniel Yi, 2007. "Macroeconomic Implications of Size-Dependent Policies," CEPR Discussion Papers 6138, C.E.P.R. Discussion Papers.
    17. 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.
    18. 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).
    19. 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.
    20. 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.
    21. 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.
    22. 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.
    23. 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.
    24. 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.
    25. Llosa, Luis-Gonzalo, 2013. "How Do Terms of Trade Affect Productivity? The Role of Monopolistic Output Markets," Working Papers 2013-007, Banco Central de Reserva del Perú.
    26. Diego Restuccia, 2012. "The Latin American Development Problem: An Interpretation," Working Papers tecipa-466, University of Toronto, Department of Economics.
    27. Gopalakrishnan, Balagopal & Mohapatra, Sanket, 2019. "Insolvency Regimes and Firms' Default Risk Under Economic Uncertainty and Shocks," MPRA Paper 96283, University Library of Munich, Germany.
    28. 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.
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    47. Raimundo Soto & Raphael Bergoeing & Timothy Kehoe & Patrick Kehoe., 2002. "Policy-driven productivity in Chile and Mexico in the 1980s and 1990s," Documentos de Trabajo 213, Instituto de Economia. Pontificia Universidad Católica de Chile..
    48. 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.
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    54. Raphael Bergoeing Vela & Andrés Hernando & Andrea Repetto, 2010. "Market Reforms and Efficiency Gains in Chile," Estudios de Economia, University of Chile, Department of Economics, vol. 37(2 Year 20), pages 217-242, December.
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    56. Diego Restuccia, 2011. "The Latin American Development Problem," Working Papers tecipa-432, University of Toronto, Department of Economics.
    57. 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.
    58. 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.
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    60. Bergoeing, Raphael & Loayza, Norman & Repetto, Andrea, 2004. "Slow recoveries," Journal of Development Economics, Elsevier, vol. 75(2), pages 473-506, December.
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    62. 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.
    63. Nan Li & Ceyhun Bora Durdu & Emine Boz, 2010. "Labor Market Search in Emerging Economies," 2010 Meeting Papers 255, Society for Economic Dynamics.
    64. 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).
    65. Garth Heutel & David L. Kelly, 2013. "Incidence and Environmental Effects of Distortionary Subsidies," UNCG Economics Working Papers 13-5, University of North Carolina at Greensboro, Department of Economics.
    66. 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.
    67. Skott, Peter & Gómez-Ramírez, Leopoldo, 2018. "Credit constraints and economic growth in a dual economy," Structural Change and Economic Dynamics, Elsevier, vol. 45(C), pages 64-76.
    68. 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.
    69. Kobayashi, Keiichiro, 2007. "Forbearance impedes confidence recovery," Journal of Macroeconomics, Elsevier, vol. 29(1), pages 178-188, March.
    70. 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.
    71. Andr√©s O. D√°vila-Ospina, 2023. "Hysteresis From Monetary Policy Mistakes: How Bad Could It Be?," Documentos CEDE 21003, Universidad de los Andes, Facultad de Economía, CEDE.
    72. 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.
    73. Ms. Emine Boz & Ceyhun Bora Durdu & Ms. Nan Li, 2012. "Emerging Market Business Cycles: The Role of Labor Market Frictions," IMF Working Papers 2012/237, International Monetary Fund.
    74. 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.
    75. Thanh Cong Nguyen & Vítor Castro & Justine Wood, 2022. "Political economy of financial crisis duration," Public Choice, Springer, vol. 192(3), pages 309-330, September.
    76. Lucas Navarro & Raimundo Soto, 2001. "Procyclical productivity : evidence from an emerging economy," Working Papers Central Bank of Chile 109, Central Bank of Chile.
    77. 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, May.
    78. 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.
    79. 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.).
    80. 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.
    81. 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.
    82. Mr. Ruy Lama, 2009. "Accounting for Output Drops in Latin America," IMF Working Papers 2009/067, International Monetary Fund.
    83. 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.
    84. 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.).
    85. 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.
    86. Converse, Nathan, 2018. "Uncertainty, capital flows, and maturity mismatch," Journal of International Money and Finance, Elsevier, vol. 88(C), pages 260-275.
    87. 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.
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    89. Ferreira, Pedro Cavalcanti & Pessôa, Samuel de Abreu & Veloso, Fernando A., 2011. "On the evolution of TFP in Latin America," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 723, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    90. Max Gillman & Michal Kejak & Michal Pakoš, 2015. "Learning about Rare Disasters: Implications For Consumption and Asset Prices," Review of Finance, European Finance Association, vol. 19(3), pages 1053-1104.
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    93. 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.
    94. 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.
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    97. Timothy J. Kehoe & Kim J. Ruhl, 2010. "Why have economic reforms in Mexico not generated growth?," Staff Report 453, Federal Reserve Bank of Minneapolis.

  44. 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. Maria Bas & Ivan Ledezma, 2010. "Trade integration and within-plant productivity evolution in Chile," Post-Print hal-00562714, HAL.
    2. Flávia Mourão Graminho, 2006. "A Neoclassical Analysis of the Brazilian "Lost-Decades"," Working Papers Series 123, Central Bank of Brazil, Research Department.
    3. 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.
    4. 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.
    5. Raphael Bergoeing & Andrés Hernando & Andrea Repetto, 2006. "Market Reforms and Efficiency Gains in Chile," Working Papers Central Bank of Chile 372, Central Bank of Chile.
    6. 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.
    7. Rodrigo Garcá-Verdú, 2005. "Factor Shares from Household Survey Data," DEGIT Conference Papers c010_057, DEGIT, Dynamics, Economic Growth, and International Trade.
    8. Sakai, Koji & 坂井, 功治 & サカイ, コウジ & Uesugi, Iichiro & 植杉, 威一郎 & ウエスギ, イイチロウ & Watanabe, Tsutomu & 渡辺, 努, 2008. "Firm Age and the Evolution of Borrowing Costs: Evidence from Japanese Small Firms," PIE/CIS Discussion Paper 354, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University.
    9. George Economides & Dimitris Papageorgiou & Apostolis Philippopoulos, 2017. "The Greek great depression:a general equilibrium study of its drivers," Working Papers 234, Bank of Greece.
    10. 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.
    11. Almeida, Rita & Fernandes, Ana M., 2011. "Explaining local manufacturing growth in Chile : the advantages of sectoral diversity," Policy Research Working Paper Series 5891, The World Bank.
    12. 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.
    13. Mamatzakis, E. & Tsionas, M., 2018. "Revisiting the returns of public infrastructure in Mexico: A limited information local likelihood estimation," Economic Modelling, Elsevier, vol. 75(C), pages 132-141.

  45. 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. 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.
    4. 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).
    5. 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.
    6. 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.
    7. 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.
    8. Gibson, Mark & Graciano, Tim, 2011. "Trade Models with Heterogeneous Firms: What About Importing?," MPRA Paper 33048, University Library of Munich, Germany.
    9. Handley, Kyle, 2012. "Exporting under Trade Policy Uncertainty: Theory and Evidence," Working Papers 634, Research Seminar in International Economics, University of Michigan.
    10. 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.
    11. Arvind Panagariya, 2004. "India’s Trade Reform: Progress, Impact and Future Strategy:," International Trade 0403004, University Library of Munich, Germany.
    12. 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.
    13. 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.
    14. 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), CY Cergy-Paris University, ESSEC and CNRS.
    15. 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.
    16. 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.
    17. Rodríguez-Clare, Andres & Costinot, Arnaud, 2013. "Trade Theory with Numbers: Quantifying the Consequences of Globalization," CEPR Discussion Papers 9398, C.E.P.R. Discussion Papers.
    18. 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, April.
    19. Yoto Yotov & Mario Larch & James Anderson, 2015. "Growth and Trade: A Structural Estimation Framework," 2015 Meeting Papers 851, Society for Economic Dynamics.
    20. Loris Rubini, 2015. "Productivity and Trade Liberalizations in Canada," Economics Bulletin, AccessEcon, vol. 35(2), pages 1404-1422.
    21. 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.
    22. 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.
    23. 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.
    24. 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.
    25. Mr. Ayhan Kose & Mr. Christopher M Towe & Mr. Guy M Meredith, 2004. "How Has Nafta Affected the Mexican Economy? Review and Evidence," IMF Working Papers 2004/059, International Monetary Fund.
    26. 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.
    27. 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.
    28. Lorenzo Caliendo & Fernando Parro, 2012. "Estimates of the Trade and Welfare Effects of NAFTA," NBER Working Papers 18508, National Bureau of Economic Research, Inc.
    29. Larch, Mario & Yotov, Yoto V., 2016. "General equilibrium trade policy analysis with structural gravity," WTO Staff Working Papers ERSD-2016-08, World Trade Organization (WTO), Economic Research and Statistics Division.
    30. Paul Bergin & Reuven Glick, 2005. "Tradability, Productivity, and Understanding International Economic Integration," Working Papers 294, University of California, Davis, Department of Economics.
    31. 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.
    32. Costas Arkolakis, 2008. "Market Penetration Costs and the New Consumers Margin in International Trade," NBER Working Papers 14214, National Bureau of Economic Research, Inc.
    33. Mrs. Swarnali A Hannan, 2016. "The Impact of Trade Agreements: New Approach, New Insights," IMF Working Papers 2016/117, International Monetary Fund.
    34. Li, Minghao & Balistreri, Edward J. & Zhang, Wendong, 2020. "The U.S.–China trade war: Tariff data and general equilibrium analysis," ISU General Staff Papers 202008010700001616, Iowa State University, Department of Economics.
    35. Dingel, Jonathan & Tintelnot, Felix, 2020. "Spatial Economics for Granular Settings," CEPR Discussion Papers 14819, C.E.P.R. Discussion Papers.
    36. 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..
    37. 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.
    38. 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.
    39. Abler, David G., 2006. "Approaches to Measuring the Effects of Trade Agreements," Commissioned Papers 140762, Canadian Agricultural Trade Policy Research Network.
    40. Cuñat, Alejandro & Breinlich, Holger, 2010. "Trade Liberalization and Heterogeneous Firm Models: An Evaluation Using the Canada - US Free Trade Agreement," CEPR Discussion Papers 7668, C.E.P.R. Discussion Papers.
    41. 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.
    42. 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.
    43. 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.
    44. Ahmed, Vaqar & O' Donoghue, Cathal, 2007. "CGE-Microsimulation Modelling: A Survey," MPRA Paper 9307, University Library of Munich, Germany.
    45. Erling Holmøy, 2006. "Real appreciation as an automatic channel for redistribution of increased government non-tax revenue," Discussion Papers 471, Statistics Norway, Research Department.
    46. 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.
    47. 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).
    48. 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.
    49. 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.
    50. 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.
    51. Barkhordar, Zahra A. & Saboohi, Yadollah, 2013. "Assessing alternative options for allocating oil revenue in Iran," Energy Policy, Elsevier, vol. 63(C), pages 1207-1216.
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    91. 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).
    92. 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.
    93. 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.
    94. Diego Restuccia & Richard Rogerson, 2012. "Misallocation and Productivity," Working Papers tecipa-468, University of Toronto, Department of Economics.
    95. 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.
    96. 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.
    97. 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.
    98. Keiichiro Kobayashi & Daichi Shirai, 2014. "Heterogeneity and redistribution in financial crises," CIGS Working Paper Series 14-004E, The Canon Institute for Global Studies.
    99. François Gourio, 2012. "Credit risk and disaster risk," Working Paper Series WP-2012-07, Federal Reserve Bank of Chicago.
    100. 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.
    101. Yong Kim & Hyeok Jeong, 2005. "A Theory of Modern Transition Applied to Thailand," 2005 Meeting Papers 831, Society for Economic Dynamics.
    102. 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.
    103. Yoshiyasu Ono, 2017. "Country Size, Specialization Patterns and Secular Demand Stagnation," CESifo Working Paper Series 6752, CESifo.
    104. Lucas Navarro & Raimundo Soto, 2001. "Procyclical productivity : evidence from an emerging economy," Working Papers Central Bank of Chile 109, Central Bank of Chile.
    105. 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, May.
    106. Breuer, Janice Boucher & McDermott, John, 2013. "Economic depression in the world," Journal of Macroeconomics, Elsevier, vol. 38(PB), pages 227-242.
    107. 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.
    108. Margarida Duarte & Diego Restuccia, 2006. "The Structural Transformation and Aggregate Productivity in Portugal," Working Papers tecipa-261, University of Toronto, Department of Economics.
    109. Kaiji Chen & Ayse Imrohoroglu & Selo Imrohoroglu, 2005. "Japanese Saving Rate," Macroeconomics 0502017, University Library of Munich, Germany.
    110. 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.
    111. 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.
    112. Mr. Marco Terrones & Mr. Ayhan Kose & Mr. Stijn Claessens, 2008. "What Happens During Recessions, Crunches and Busts?," IMF Working Papers 2008/274, International Monetary Fund.
    113. 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].
    114. Imrohoroglu, Selahattin & Sudo, Nao, 2011. "Will a Growth Miracle Reduce Debt in Japan?," Economic Review, Hitotsubashi University, vol. 62(1), pages 44-56, January.
    115. Keiichiro Kobayashi & Daichi Shirai, 2017. "Debt-Ridden Borrowers and Economic Slowdown," CIGS Working Paper Series 17-002E, The Canon Institute for Global Studies.
    116. 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.
    117. Francois Gourio, 2012. "Disaster Risk and Business Cycles," American Economic Review, American Economic Association, vol. 102(6), pages 2734-2766, October.
    118. 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.
    119. 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.
    120. Luca Pensieroso, 2010. "Real Business Cycle Models of the Great Depression," Working Papers 10-01, Association Française de Cliométrie (AFC).
    121. Christian A. Belabed, 2016. "Inequality and the New Deal," IMK Working Paper 166-2016, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
    122. Victor Gomes & Arilton Teixeira & Benjamin Bridgman, 2008. "The Threat of Competition Enhances Productivity," 2008 Meeting Papers 302, Society for Economic Dynamics.
    123. Keiichiro Kobayashi & Daichi Shirai, 2012. "Debt-Ridden Borrowers and Productivity Slowdown," CIGS Working Paper Series 14-005E, The Canon Institute for Global Studies.
    124. Dalton, John, 2012. "The Evolution of Taxes and Hours Worked in Austria, 1970-2005," MPRA Paper 48222, University Library of Munich, Germany.
    125. Zachary L. Mahone & Joaquin Naval & Pau S. Pujolas, 2018. "The Neoclassical Growth Model and the Labor Share Decline," Department of Economics Working Papers 2018-07, McMaster University.
    126. Brinca, Pedro, 2013. "Distortions in the Neoclassical Growth Model: A Cross-Country Analysis," Research Papers in Economics 2013:13, Stockholm University, Department of Economics.
    127. Eleni Iliopulos & Thepthida Sopraseuth, 2012. "L'intermédiation financière dans l'analyse macroéconomique : le défi de la crise," Économie et Statistique, Programme National Persée, vol. 451(1), pages 91-130.
    128. Finn E. Kydland, 2004. "Quantitative Aggregate Theory," Nobel Prize in Economics documents 2004-4, Nobel Prize Committee.
    129. Peilin Liu & Shen Jia & Xun Zhang, 2017. "Catch-up cycle: A general equilibrium framework," Review of Development Economics, Wiley Blackwell, vol. 21(4), pages 1327-1340, November.
    130. 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.
    131. Ferreira, Pedro Cavalcanti & Pessôa, Samuel de Abreu & Veloso, Fernando A., 2011. "On the evolution of TFP in Latin America," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 723, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    132. 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.
    133. Federico, Giovanni, 2005. "Not guilty? : agriculture in the 1920s and the Great Depression," IFCS - Working Papers in Economic History.WH dilf0502, Universidad Carlos III de Madrid. Instituto Figuerola.
    134. Roberto Ellery Jr & Mirta Bugarin & Victor Gomes & Arilton Teixeira, 2003. "Investment and Capital Accumulation in Brazil From 1970 To 2000: a Neoclassical View," Anais do XXXI Encontro Nacional de Economia [Proceedings of the 31st Brazilian Economics Meeting] b20, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    135. 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.
    136. 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.
    137. Diego J. Perez, 2015. "Sovereign Debt, Domestic Banks and the Provision of Public Liquidity," Discussion Papers 15-016, Stanford Institute for Economic Policy Research.
    138. Papageorgiou, Dimitris, 2012. "Fiscal policy reforms in general equilibrium: The case of Greece," Journal of Macroeconomics, Elsevier, vol. 34(2), pages 504-522.
    139. 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.
    140. 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.
    141. Gary D. Hansen & Lee E. Ohanian, 2016. "Neoclassical Models in Macroeconomics," NBER Working Papers 22122, National Bureau of Economic Research, Inc.
    142. Timothy J. Kehoe & Kim J. Ruhl, 2010. "Why have economic reforms in Mexico not generated growth?," Staff Report 453, Federal Reserve Bank of Minneapolis.
    143. Szilárd Benk & Max Gillman & Michal Kejak, 2005. "Credit Shocks in the Financial Deregulatory Era: Not the Usual Suspects," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 8(3), pages 668-687, July.

  47. 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. 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.
    2. 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.
    3. Raphael Bergoeing & Timothy J. Kehoe & Vanessa Strauss-Kahn & Kei-Mu Yi, 2004. "Why is manufacturing trade rising even as manufacturing output is falling?," Working Papers 04-4, Federal Reserve Bank of Philadelphia.
    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. 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.
    6. 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.
    7. Benjamin Bridgman, 2010. "The Rise of Vertical Specialization Trade," BEA Working Papers 0051, Bureau of Economic Analysis.
    8. Marta Arespa, 2011. "Macroeconomics of extensive margins: a simple model," Working Papers XREAP2011-19, Xarxa de Referència en Economia Aplicada (XREAP), revised Nov 2011.
    9. 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.
    10. 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.
    11. 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.
    12. 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.
    13. Marjit, Sugata & Ray, Moushakhi, 2017. "Export profitability, competition and technology," International Review of Economics & Finance, Elsevier, vol. 47(C), pages 35-45.
    14. Zymek, Robert, 2015. "Factor proportions and the growth of world trade," Journal of International Economics, Elsevier, vol. 95(1), pages 42-53.
    15. Philip Sauré, 2012. "Bounded Love of Variety and Patterns of Trade," Open Economies Review, Springer, vol. 23(4), pages 645-674, September.
    16. Kei-Mu Yi, 2000. "Can vertical specialization explain the growth of world trade?," Staff Reports 96, Federal Reserve Bank of New York.
    17. 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.
    18. 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.
    19. 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.
    20. 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.
    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. Cunha, Alexandre B. & Teixeira, Arilton, 2002. "The Impacts of Trade Blocks and Tax Reforms on the Brazilian Economy," Insper Working Papers wpe_22, Insper Working Paper, Insper Instituto de Ensino e Pesquisa.
    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.
    25. Tianshu Chu & Thomas J. Prusa, 2004. "The Reasons for and the Impact of Antidumping Protection: The Case of People's Republic of China," Economics Study Area Working Papers 69, East-West Center, Economics Study Area.

  48. 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.
    3. Daniel Garces Diaz, 2018. "Trade, Productivity and Synchrony in Mexican and United States Manufacturing," 2018 Meeting Papers 41, Society for Economic Dynamics.
    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. Vasilev, Aleksandar, 2016. "Business Cycles in Bulgaria and the Baltic Countries: An RBC Approach," EconStor Preprints 144531, ZBW - Leibniz Information Centre for Economics.
    6. Claudia S. Gómez-López & Luis A.Puch, 2008. "Macroeconomic Consequences of International Commodity Price Shocks," Working Papers 2008-27, FEDEA.
    7. Diego Restuccia & Richard Rogerson, 2008. "Policy Distortions and Aggregate Productivity with Heterogeneous Plants," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 11(4), pages 707-720, October.
    8. Dimitris Papageorgiou & Stylianos Tsiaras, 2021. "The Greek Great Depression from a neoclassical perspective," Working Papers 286, Bank of Greece.
    9. Andres Fernandez & Ayse Imrohoroglu & Cesar Tamayo, 2018. "Saving Rates in Latin America: A Neoclassical Perspective," 2018 Meeting Papers 1229, Society for Economic Dynamics.
    10. 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).
    11. Murat Ungor, 2016. "Online Appendix to "Productivity Growth and Labor Reallocation: Latin America versus East Asia"," Online Appendices 11-273, Review of Economic Dynamics.
    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. Betty Agnani & Amaia Iza, 2011. "Growth in an oil abundant economy: The case of Venezuela," Journal of Applied Economics, Universidad del CEMA, vol. 14, pages 61-79, May.
    14. Juan Pablo Medina, 2004. "Endogenous Financial Constraints: Persistence and Interest Rate Fluctuations," Working Papers Central Bank of Chile 290, Central Bank of Chile.
    15. 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).
    16. 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.
    17. Guner, Nezih & Ventura, Gustavo & Xu, Daniel Yi, 2007. "Macroeconomic Implications of Size-Dependent Policies," CEPR Discussion Papers 6138, C.E.P.R. Discussion Papers.
    18. 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.
    19. 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).
    20. 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.
    21. 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.
    22. Raphael Bergoeing & Andrés Hernando & Andrea Repetto, 2006. "Market Reforms and Efficiency Gains in Chile," Working Papers Central Bank of Chile 372, Central Bank of Chile.
    23. 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.
    24. 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.
    25. 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.
    26. 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.
    27. 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.
    28. Llosa, Luis-Gonzalo, 2013. "How Do Terms of Trade Affect Productivity? The Role of Monopolistic Output Markets," Working Papers 2013-007, Banco Central de Reserva del Perú.
    29. Diego Restuccia, 2012. "The Latin American Development Problem: An Interpretation," Working Papers tecipa-466, University of Toronto, Department of Economics.
    30. Gopalakrishnan, Balagopal & Mohapatra, Sanket, 2019. "Insolvency Regimes and Firms' Default Risk Under Economic Uncertainty and Shocks," MPRA Paper 96283, University Library of Munich, Germany.
    31. 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.
    32. 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.
    33. Sangeeta Pratap & Carlos Urrutia, 2012. "Financial Frictions and Total Factor Productivity: Accounting for the Real Effects of Financial Crises," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 15(3), pages 336-358, July.
    34. Cristina Arellano & Yan Bai & Gabriel Mihalache, 2020. "Deadly Debt Crises: COVID-19 in Emerging Markets," Staff Report 603, Federal Reserve Bank of Minneapolis.
    35. 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.
    36. 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.
    37. Pedro Cavalcanti Ferreira & Samuel De Abreu Pessôa & Fernando A. Veloso, 2013. "On The Evolution Of Total Factor Productivity In Latin America," Economic Inquiry, Western Economic Association International, vol. 51(1), pages 16-30, January.
    38. Norman Loayza & Pablo Fajnzylber & César Calderón, 2004. "Economic Growth in Latin America and The Caribbean: Stylized Facts, Explanations, and Forecasts," Working Papers Central Bank of Chile 265, Central Bank of Chile.
    39. Kaiji Chen, 2013. "The Role of Allocative Efficiency in A Decade of Recovery," 2013 Meeting Papers 886, Society for Economic Dynamics.
    40. 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.
    41. Rómulo A. Chumacero & Klaus Schmidt-Hebbel, 2004. "General Equilibrium Models: An Overview," Working Papers Central Bank of Chile 307, Central Bank of Chile.
    42. Gordon H. Hanson, 2010. "Why Isn't Mexico Rich?," Journal of Economic Literature, American Economic Association, vol. 48(4), pages 987-1004, December.
    43. Timothy J. Kehoe & Kim J. Ruhl, 2006. "How Important is the New Goods Margin in International Trade?," 2006 Meeting Papers 733, Society for Economic Dynamics.
    44. Rodrigo Garcá-Verdú, 2005. "Factor Shares from Household Survey Data," DEGIT Conference Papers c010_057, DEGIT, Dynamics, Economic Growth, and International Trade.
    45. Aghion, Edouard, 2011. "NAFTA and its Impact on Mexico," MPRA Paper 36529, University Library of Munich, Germany.
    46. Juan Carlos Conesa & Pau S. Pujolas, 2017. "The Canadian Productivity Stagnation, 2002-2014," Department of Economics Working Papers 2017-04, McMaster University, revised Sep 2017.
    47. 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.
    48. 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.
    49. 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.
    50. 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.
    51. Raimundo Soto & Raphael Bergoeing & Timothy Kehoe & Patrick Kehoe., 2002. "Policy-driven productivity in Chile and Mexico in the 1980s and 1990s," Documentos de Trabajo 213, Instituto de Economia. Pontificia Universidad Católica de Chile..
    52. 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.
    53. Orlando Gracia & Hernando Zuleta, 2005. "The Free Trade Agreement between Colombia and USA: What can happen to Colombia?," DEGIT Conference Papers c010_023, DEGIT, Dynamics, Economic Growth, and International Trade.
    54. 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.
    55. Çiçek, Deniz & Elgin, Ceyhun, 2011. "Not-quite-great depressions of Turkey: A quantitative analysis of economic growth over 1968–2004," Economic Modelling, Elsevier, vol. 28(6), pages 2691-2700.
    56. Kathleen McKiernan, 2020. "Online Appendix to "Social Security Reform in the Presence of Informality"," Online Appendices 19-129, Review of Economic Dynamics.
    57. 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.
    58. 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.
    59. Miguel Santos, 2016. "The Right Fit for the Wrong Reasons: Real Business Cycle in an Oil-dependent Economy," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 53(1), pages 61-94, December.
    60. Diego Restuccia, 2011. "The Latin American Development Problem," Working Papers tecipa-432, University of Toronto, Department of Economics.
    61. 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.
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    87. 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.
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    93. 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.
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    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.
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  49. 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. Andrei A. Levchenko, 2005. "Financial Liberalization and Consumption Volatility in Developing Countries," IMF Staff Papers, Palgrave Macmillan, vol. 52(2), pages 237-259, September.
    3. 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.
    4. Patrick J. Kehoe & Fabrizio Perri, 2000. "International Business Cycles with Endogenous Incomplete Markets," NBER Working Papers 7870, National Bureau of Economic Research, Inc.
    5. GOTTARDI, Piero & KUBLER, Felix, 2012. "Dynamic Competitive Economies with Complete Markets and Collateral Constraints," Economics Working Papers ECO2012/17, European University Institute.
    6. Pamela Labadie, 2007. "Anonymity and Individual Risk," 2007 Meeting Papers 637, Society for Economic Dynamics.
    7. Yann Algan & Xavier Ragot, 2006. "Monetary Policy with Heterogeneous Agents and Credit Constraints," Computing in Economics and Finance 2006 292, Society for Computational Economics.
    8. Yann Algan & Xavier Ragot, 2010. "Monetary Policy with Heterogeneous Agents and Borrowing Constraints," Post-Print hal-01170621, HAL.

  50. 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. Bennardo, Alberto & Piccolo, Salvatore, 2005. "Competitive Markets with Endogenous Health Risks," CEPR Discussion Papers 5385, C.E.P.R. Discussion Papers.
    3. 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.
    4. Nikolaos Kokonas & Paulo Santos Monteiro, 2023. "Self-fulfilling labor wedge fluctuations and unemployment insurance," Discussion Papers 2313, Centre for Macroeconomics (CFM).
    5. 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.
    6. Laurence Ales & Pricila Maziero, 2008. "Accounting for private information," Working Papers 663, Federal Reserve Bank of Minneapolis.
    7. 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.
    8. Prescott, Edward C. & Shell, Karl, 2002. "Introduction to Sunspots and Lotteries," Journal of Economic Theory, Elsevier, vol. 107(1), pages 1-10, November.
    9. Beardon, Alan F. & Rowat, Colin, 2013. "Efficient sets are small," Journal of Mathematical Economics, Elsevier, vol. 49(5), pages 367-374.
    10. 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.
    11. 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.
    12. 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.
    13. Attar, Andrea & Mariotti, Thomas & Salanié, François, 2021. "Competitive Nonlinear Pricing under Adverse Selection," TSE Working Papers 21-1201, Toulouse School of Economics (TSE), revised Aug 2022.
    14. 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.
    15. Alberto Bisin & Piero Gottardi, 2005. "Efficient Competitive Equilibria with Adverse Selection," CESifo Working Paper Series 1504, CESifo.
    16. Jerez, Belén, 2003. "Incentive compatibility and pricing under moral hazard," UC3M Working papers. Economics we035722, Universidad Carlos III de Madrid. Departamento de Economía.
    17. Alberto Bennardo & Salvatore Piccolo, 2005. "Competitive occupational choices with endogenous health risks," Levine's Working Paper Archive 784828000000000199, David K. Levine.
    18. 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.
    19. Edward C. Prescott, 2003. "Non-convexities in quantitative general equilibrium studies of business cycles," Staff Report 312, Federal Reserve Bank of Minneapolis.
    20. Kokonas, Nikolaos & Monteiro, Paulo Santos, 2021. "Aggregation in economies with search frictions," Journal of Mathematical Economics, Elsevier, vol. 96(C).
    21. 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.
    22. Beck, Thorsten & Uras, Burak & Pamuk, Haki & Ramrattan, Ravindra, 2015. "Mobile Money, Trade Credit, and Economic Development: Theory and Evidence," CEPR Discussion Papers 10848, C.E.P.R. Discussion Papers.
    23. David Levine, 2012. "Production Chains," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 15(3), pages 271-282, July.
    24. Luttmer, Erzo G. J. & Mariotti, Thomas, 2003. "Efficiency and equilibrium when preferences are time-inconsistent," LSE Research Online Documents on Economics 19320, London School of Economics and Political Science, LSE Library.
    25. Bisin, A. & Geanakoplos, J.D. & Gottardi, P. & Minelli, E. & Polemarchakis, H., 2011. "Markets and contracts," Journal of Mathematical Economics, Elsevier, vol. 47(3), pages 279-288.
    26. Bel? Jerez, 2001. "A Dual Characterization of Incentive Efficiency," UFAE and IAE Working Papers 494.01, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
    27. Bisin, Alberto & Gottardi, Piero, 1999. "Competitive Equilibria with Asymmetric Information," Journal of Economic Theory, Elsevier, vol. 87(1), pages 1-48, July.
    28. Citanna, A. & Tvede, M., 2024. "Do taxspots matter?," Journal of Economic Theory, Elsevier, vol. 220(C).
    29. Bel? Jerez, 2000. "General Equilibrium with Asymmetric Information: a Dual Approach," UFAE and IAE Working Papers 510.02, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
    30. Nikolaos Kokonas & Paulo Santos Monteiro, 2020. "The Ins and Outs of Unemployment in General Equilibrium," Discussion Papers 2014, Centre for Macroeconomics (CFM).
    31. 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.

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

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    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. Garima Vasishtha, 2007. "Domestic versus External Borrowing and Fiscal Policy in Emerging Markets," Staff Working Papers 07-33, Bank of Canada.
    5. de Bandt, Olivier & Hartmann, Philipp, 2000. "Systemic Risk: A Survey," CEPR Discussion Papers 2634, C.E.P.R. Discussion Papers.
    6. 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.
    7. Patrick Bolton & Haizhou Huang, 2017. "The Capital Structure of Nations," NBER Working Papers 23612, National Bureau of Economic Research, Inc.
    8. 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.
    9. Luisa Lambertini, 2001. "Volatility and Sovereign Default," Boston College Working Papers in Economics 577, Boston College Department of Economics.
    10. 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.
    11. 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.
    12. Roberto Chang & Andres Velasco, 1998. "Financial crises in emerging markets: a canonical model," FRB Atlanta Working Paper 98-10, Federal Reserve Bank of Atlanta.
    13. Karatas, B., 2014. "Financial crisis and monetary policy," Other publications TiSEM 41e463f0-e122-4379-8db5-6, Tilburg University, School of Economics and Management.
    14. 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.
    15. 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.
    16. 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.
    17. Joao Ayres & Gaston Navarro & Juan Pablo Nicolini & Pedro Teles, 2015. "Sovereign Default: The Role of Expectations," Working Papers 723, Federal Reserve Bank of Minneapolis.
    18. 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.
    19. 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.
    20. 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.
    21. 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.
    22. Prokop, Jacek, 2012. "Bargaining over debt rescheduling," MPRA Paper 44315, University Library of Munich, Germany.
    23. V. V. Chari & Patrick J. Kehoe, 2003. "Financial crises as herds: overturning the critiques," Staff Report 316, Federal Reserve Bank of Minneapolis.
    24. Guo, Minjie & McDermott, John, 2020. "Sovereign debt and the length of economic depressions," Economic Modelling, Elsevier, vol. 90(C), pages 79-91.
    25. 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.
    26. Dallal Bendjellal, 2022. "Sovereign Risk, Financial Fragility and Debt Maturity," Working Papers hal-03792522, HAL.
    27. 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.
    28. 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.
    29. 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.
    30. 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.
    31. Juessen, Falko & Schabert, Andreas, 2013. "Fiscal Policy, Sovereign Default, and Bailouts," IZA Discussion Papers 7805, Institute of Labor Economics (IZA).
    32. Guo, Yanhong & Zhang, Ziyi & Meng, Hui, 2025. "The impact of the COVID-19 pandemic on sovereign debt default risk," Journal of Asian Economics, Elsevier, vol. 99(C).
    33. Aloisio Araujo & Marcia Leon & Rafael Santos, 2017. "Bargained haircuts and debt policy implications," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 64(4), pages 635-656, December.
    34. Romei, Federica & de Ferra, Sergio, 2018. "Sovereign Default in a Monetary Union," CEPR Discussion Papers 12976, C.E.P.R. Discussion Papers.
    35. Cristina Arellano & Narayana Kocherlakota, 2008. "Internal Debt Crises and Sovereign Defaults," Levine's Bibliography 122247000000001880, UCLA Department of Economics.
    36. 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.
    37. 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.
    38. Alessandro Dovis & Luigi Bocola, 2015. "Indeterminacy in Sovereign Debt Markets: An Empirical Investigation," 2015 Meeting Papers 694, Society for Economic Dynamics.
    39. Galli, Carlo, 2021. "Self-fulfilling debt crises, fiscal policy and investment," Journal of International Economics, Elsevier, vol. 131(C).
    40. 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.
    41. Itay Goldstein & Assaf Razin, 2013. "Three Branches of Theories of Financial Crises," NBER Working Papers 18670, National Bureau of Economic Research, Inc.
    42. 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.
    43. 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.
    44. 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.
    45. Huberto M. Ennis & Todd Keister, 2001. "Optimal policy with probabilistic equilibrium selection," Working Paper 01-03, Federal Reserve Bank of Richmond.
    46. Timothy J. Kehoe, 2003. "What can we learn from the current crisis in Argentina?," Staff Report 318, Federal Reserve Bank of Minneapolis.
    47. Sarkar, Abhirup & Sinha, Abhinandan, 2022. "Clientelism and violence: The politics of informal economy," Economic Modelling, Elsevier, vol. 114(C).
    48. Hintermaier, Thomas & Koeniger, Winfried, 2015. "Household debt and crises of confidence," CFS Working Paper Series 519, Center for Financial Studies (CFS).
    49. V. V. Chari & Patrick J. Kehoe, 2003. "Hot Money," Levine's Bibliography 506439000000000415, UCLA Department of Economics.
    50. 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.
    51. 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.
    52. 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.
    53. 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.
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    55. 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.
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    65. 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.
    66. Michael Olabisi & Howard Stein, 2015. "Sovereign bond issues: Do African countries pay more to borrow?," Journal of African Trade, Springer, vol. 2(1), pages 87-109, March.

  53. 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. 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.
    3. 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.
    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," IZA Discussion Papers 3715, Institute of Labor Economics (IZA).
    6. Peichl, Andreas, 2009. "Benefits and problems of linking micro and macro models – evidence from a flat tax analysis," ISER Working Paper Series 2009-02, Institute for Social and Economic Research.
    7. 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.
    8. 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.
    9. 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.
    10. 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.
    11. 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.
    12. 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.
    13. 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.

  54. 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. 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.
    2. 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.
    3. 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.
    4. 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.
    5. 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.
    6. 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.
    7. 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.
    8. 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.
    9. 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), CY Cergy-Paris University, ESSEC and CNRS.
    10. 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.
    11. 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.
    12. 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.
    13. 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.
    14. 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.
    15. 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.
    16. 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.
    17. M. Alejandro Cardenete & Ferran Sancho, 2010. "The Role of Supply Constraints in Multiplier Analysis," UFAE and IAE Working Papers 805.10, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
    18. Hertel, Thomas W. & Keeney, Roman & Valenzuela, Ernesto, 2004. "Global Analysis Of Agricultural Trade Liberalization: Assessing Model Validity," 2004 Annual meeting, August 1-4, Denver, CO 20199, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    19. 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.
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    23. 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.
    24. María Montero-Muñoz, 2000. "Estructura demográfica y sistemas de pensiones," Investigaciones Economicas, Fundación SEPI, vol. 24(2), pages 297-327, May.
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    27. Atolia, Manoj & Kurokawa, Yoshinori, 2016. "The impact of trade margins on the skill premium: Evidence from Mexico," Journal of Policy Modeling, Elsevier, vol. 38(5), pages 895-915.
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    29. 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.
    30. 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.
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    32. 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).
    33. 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.
    34. Mark D. Partridge & Dan S. Rickman, 2007. "CGE Modeling for Regional Economic Development Analysis," Economics Working Paper Series 0706, Oklahoma State University, Department of Economics and Legal Studies in Business.
    35. Ernesto Valenzuela & Kym Anderson & Thomas Hertel, 2008. "Impacts of trade reform: sensitivity of model results to key assumptions," International Economics and Economic Policy, Springer, vol. 4(4), pages 395-420, February.
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    37. 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.
    38. 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.
    39. 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.
    40. 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.
    41. 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).
    42. 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.
    43. 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.
    44. 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.
    45. 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.
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    48. 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.
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    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. 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.
    3. 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.).
    4. Hanno Lustig, 2001. "The Market Price of Aggregate Risk and the Wealth Distribution," Finance 0111004, University Library of Munich, Germany, revised 16 Nov 2001.
    5. Radim Bohacek, 2001. "Capital Accumulation in an Economy with Heterogeneous Agents and Moral Hazard," GE, Growth, Math methods 0012001, University Library of Munich, Germany.
    6. 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.
    7. Vyacheslav Arbuzov & Yu Awaya & Hiroki Fukai & Makoto Watanabe, 2019. "Endogenous Repo Cycles," CESifo Working Paper Series 7518, CESifo.
    8. Niinimäki, J.-P., 2024. "The incentive effects of the overlapping project structure in credit markets," Journal of Economics and Business, Elsevier, vol. 128(C).
    9. 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.
    10. 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.
    11. Dirk Krueger & Harald Uhlig, 2003. "Competitive Risk Sharing Contracts with One-Sided Commitment," Levine's Bibliography 666156000000000407, UCLA Department of Economics.
    12. Bidian, Florin, 2016. "Robust bubbles with mild penalties for default," Journal of Mathematical Economics, Elsevier, vol. 65(C), pages 141-153.
    13. 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.
    14. 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.
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    40. 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.
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    Cited by:

    1. Kai LESSMANN & Robert MARSCHINSKI & Ottmar EDENHOFER, 2008. "The Effects of Trade Sanctions in International Environmental Agreements," EcoMod2008 23800079, EcoMod.
    2. Giammarioli, Nicola, 2003. "Indeterminacy and search theory," Working Paper Series 271, European Central Bank.
    3. Norman, Thomas W.L., 2020. "Market selection with an endogenous state," Journal of Mathematical Economics, Elsevier, vol. 91(C), pages 51-59.
    4. Kevin Reffett & Manjira Datta & Leonard Mirman & Olivier Morand, "undated". "Monotone Methods for Markovian Equilibrium in Dynamic Economies," Working Papers 2133476, Department of Economics, W. P. Carey School of Business, Arizona State University.
    5. Shantayanan Devarajan & Danyang Xie & Heng-Fu Zou, 2002. "Should Public Capital Be Subsidized or Provided?," Macroeconomics 0212005, University Library of Munich, Germany.
    6. 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.
    7. 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.
    8. Meng, Qinglai, 2006. "Impatience and equilibrium indeterminacy," Journal of Economic Dynamics and Control, Elsevier, vol. 30(12), pages 2671-2692, December.
    9. Melindi-Ghidi, Paolo & Seegmuller, Thomas, 2019. "The love for children hypothesis and the multiplicity of fertility rates," Journal of Mathematical Economics, Elsevier, vol. 83(C), pages 89-100.
    10. 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.
    11. Mino, Kazuo, 2004. "On the Generalized Weitzman's Rule," MPRA Paper 16996, University Library of Munich, Germany.
    12. Timothy J. Kehoe & David K. Levine, 1990. "The Economics of Indeterminacy in Overlapping Generations Models," Levine's Working Paper Archive 2193, David K. Levine.
    13. 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.
    14. Sanou Issa, 2021. "Jealousy and Wealth Inequality: The Cases of Heterogeneous Preferences and Elastic Labor Supply," Working Papers hal-03408115, HAL.
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    17. 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.
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    20. Guerrazzi, Marco, 2011. "The animal spirits hypothesis and the Benhabib-Farmer condition for indeterminacy," MPRA Paper 30673, University Library of Munich, Germany.
    21. Ghiglino, Christian, 2002. "Introduction to a General Equilibrium Approach to Economic Growth," Journal of Economic Theory, Elsevier, vol. 105(1), pages 1-17, July.
    22. 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.
    23. 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.
    24. Hori, Katsuhiko, 2007. "Indeterminacy in a monetary economy with heterogeneous agents," MPRA Paper 49316, University Library of Munich, Germany.
    25. Konstantin Kucheryavyy & Gary Lyn & Andrés Rodríguez-Clare, 2016. "Grounded by Gravity: A Well-Behaved Trade Model with Industry-Level Economies of Scale," NBER Working Papers 22484, National Bureau of Economic Research, Inc.
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    34. Giancarlo Marini & Pietro Senesi, 2004. "Multiplicity of Dynamic Equilibria and Global Efficiency," CEIS Research Paper 57, Tor Vergata University, CEIS.
    35. 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.
    36. 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.
    37. Venditti, Alain, 1998. "Indeterminacy and endogenous fluctuations in two-sector growth models with externalities," Journal of Economic Behavior & Organization, Elsevier, vol. 33(3-4), pages 521-542, January.
    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.
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    Cited by:

    1. 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.
    2. 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.
    3. 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.
    4. 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.
    5. Kamihigashi, Takashi, 2002. "Externalities and nonlinear discounting: Indeterminacy," Journal of Economic Dynamics and Control, Elsevier, vol. 26(1), pages 141-169, January.
    6. Russell, Thomas & Zecevic, Aleksandar, 2000. "Indeterminate growth paths and stability," Journal of Economic Dynamics and Control, Elsevier, vol. 24(1), pages 39-62, January.
    7. 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.
    8. 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.
    9. Elvio Accinelli, 1999. "Existence and uniqueness of the Competitive Equilibrium for Infinite Dimensional Economies," Documentos de Trabajo (working papers) 0399, Department of Economics - dECON.
    10. 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.
    11. 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.
    12. Çağatay, Selim & Taşdoğan, Celal & Özeş, Reyhan, . "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).
    13. 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.
    14. 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.
    15. Meng, Qinglai, 2006. "Impatience and equilibrium indeterminacy," Journal of Economic Dynamics and Control, Elsevier, vol. 30(12), pages 2671-2692, December.
    16. Bodenstein, Martin, 2010. "Trade elasticity of substitution and equilibrium dynamics," Journal of Economic Theory, Elsevier, vol. 145(3), pages 1033-1059, May.
    17. 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.
    18. 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.
    19. W D A Bryant, 2009. "General Equilibrium:Theory and Evidence," World Scientific Books, World Scientific Publishing Co. Pte. Ltd., number 6875, March.
    20. 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.
    21. 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.
    22. 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.
    23. 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.
    24. 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.
    25. 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.
    26. 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.
    27. 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.
    28. 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.
    29. 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.
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    31. 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.
    32. 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.
    33. 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.
    34. 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.
    35. 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.
    36. 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.
    37. Toda, Alexis Akira, 2017. "Huggett economies with multiple stationary equilibria," Journal of Economic Dynamics and Control, Elsevier, vol. 84(C), pages 77-90.
    38. 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.
    39. 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.
    40. 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.
    41. 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.
    42. Venditti, Alain, 1998. "Indeterminacy and endogenous fluctuations in two-sector growth models with externalities," Journal of Economic Behavior & Organization, Elsevier, vol. 33(3-4), pages 521-542, January.
    43. 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.
    44. Bodenstein, Martin, 2011. "Closing large open economy models," Journal of International Economics, Elsevier, vol. 84(2), pages 160-177, July.
    45. 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.
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    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. Manjira Datta & Leonard J. Mirman & Olivier F. Morand & Kevin L. Reffett, 2005. "Markovian Equilibrium in Infinite Horizon Economies with Incomplete Markets and Public Policy," Tinbergen Institute Discussion Papers 05-013/2, Tinbergen Institute.

  62. 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.

  63. 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. Federico Bonetto & Maurizio Iacopetta, 2018. "A Dynamic Analysis of Nash Equilibria in Search Models with Fiat Money," Papers 1805.04733, arXiv.org.
    2. 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.
    3. Darrell Duffie & Lei Qiao & Yeneng Sun, 2015. "Dynamic Directed Random Matching," NBER Working Papers 21731, National Bureau of Economic Research, Inc.
    4. Maurizio Iacopetta, 2019. "The emergence of money: a dynamic analysis," Sciences Po Economics Publications (main) hal-03403573, HAL.
    5. 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.
    6. Ezra Oberfield & Nicholas Trachter, 2010. "Commodity Money with Frequent Search," EIEF Working Papers Series 1023, Einaudi Institute for Economics and Finance (EIEF), revised Nov 2010.
    7. 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).
    8. 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.
    9. 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.
    10. 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.
    11. Ellingsen, Tore, 1998. "Payments in Kind," SSE/EFI Working Paper Series in Economics and Finance 244, Stockholm School of Economics, revised 10 Feb 2000.
    12. Maurizio Iacopetta, 2019. "The emergence of money: a dynamic analysis," Post-Print hal-03403573, HAL.
    13. 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.
    14. Davis, Douglas & Korenok, Oleg & Norman, Peter & Sultanum, Bruno & Wright, Randall, 2022. "Playing with money," Journal of Economic Behavior & Organization, Elsevier, vol. 200(C), pages 1221-1239.
    15. 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.
    16. 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.
    17. Federico Bonetto & Maurizio Iacopetta, 2019. "A dynamic analysis of nash equilibria in search models with fiat money," Post-Print hal-03403584, HAL.
    18. 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.
    19. Bilge Ozturk, 2003. "An evolutionary model of the emergence of the media of exchange," Working Papers hal-00242982, HAL.
    20. R. O. Cavalcanti & Daniela Puzzello, 2010. "Stationarity without degeneracy in a model of commodity money," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 43(2), pages 263-280, May.
    21. Zakaria Babutsidze & Maurizio Iacopetta, 2021. "The Emergence of Money: Computational Approaches with Fully and Boundedly Rational Agents," Computational Economics, Springer;Society for Computational Economics, vol. 58(1), pages 3-26, June.
    22. Charles Goodhart & Donato Masciandaro & Stefano Ugolini, 2022. "Pandemic Recession And Helicopter Money: Venice, 1629-1631," BAFFI CAREFIN Working Papers 22179, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy.
    23. Sethi, Rajiv, 1999. "Evolutionary stability and media of exchange," Journal of Economic Behavior & Organization, Elsevier, vol. 40(3), pages 233-254, November.
    24. 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.
    25. Williamson, Stephen D. & Wright, Randall, 2010. "New Monetarist Economics: Models," MPRA Paper 21030, University Library of Munich, Germany.
    26. Federico Bonetto & Maurizio Iacopetta, 2019. "A dynamic analysis of nash equilibria in search models with fiat money," Sciences Po Economics Publications (main) hal-03403584, HAL.
    27. 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.
    28. 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.
    29. Buiter, Willem H., 2003. "James Tobin : an appreciation of his contribution to economics," LSE Research Online Documents on Economics 847, London School of Economics and Political Science, LSE Library.
    30. Nobuhiro Kiyotaki & Randall Wright, 1990. "Search for a Theory of Money," NBER Working Papers 3482, National Bureau of Economic Research, Inc.
    31. Phillip M Johnson, 2002. "Essays on Capital Markets: Frictions and Social Forces," Levine's Working Paper Archive 618897000000000052, David K. Levine.
    32. Maurizio Iacopetta, 2014. "dynamics of assets liquidity and inequality in economies with decentralized markets," Sciences Po Economics Publications (main) hal-01099374, HAL.
    33. Wright, Randall, 1995. "Search, evolution, and money," Journal of Economic Dynamics and Control, Elsevier, vol. 19(1-2), pages 181-206.
    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.

  64. 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. 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.
    2. 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.
    3. Fehr, Hans & Wiegard, Wolfgang, 1996. "Numerische Gleichgewichtsmodelle: Grundstruktur, Anwendungen und Erkenntnisgehalt," Tübinger Diskussionsbeiträge 75, University of Tübingen, School of Business and Economics.

  65. 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. Kai LESSMANN & Robert MARSCHINSKI & Ottmar EDENHOFER, 2008. "The Effects of Trade Sanctions in International Environmental Agreements," EcoMod2008 23800079, EcoMod.
    2. Giammarioli, Nicola, 2003. "Indeterminacy and search theory," Working Paper Series 271, European Central Bank.
    3. Norman, Thomas W.L., 2020. "Market selection with an endogenous state," Journal of Mathematical Economics, Elsevier, vol. 91(C), pages 51-59.
    4. Russell, Thomas & Zecevic, Aleksandar, 2000. "Indeterminate growth paths and stability," Journal of Economic Dynamics and Control, Elsevier, vol. 24(1), pages 39-62, January.
    5. 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.
    6. Kevin Reffett & Manjira Datta & Leonard Mirman & Olivier Morand, "undated". "Monotone Methods for Markovian Equilibrium in Dynamic Economies," Working Papers 2133476, Department of Economics, W. P. Carey School of Business, Arizona State University.
    7. Shantayanan Devarajan & Danyang Xie & Heng-Fu Zou, 2002. "Should Public Capital Be Subsidized or Provided?," Macroeconomics 0212005, University Library of Munich, Germany.
    8. 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.
    9. 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.
    10. Meng, Qinglai, 2006. "Impatience and equilibrium indeterminacy," Journal of Economic Dynamics and Control, Elsevier, vol. 30(12), pages 2671-2692, December.
    11. Francesco Busato & Bruno Charini & Enrico Marchetti, 2004. "Indeterminacy, Underground Activities and Tax Evasion," Economics Working Papers 2004-12, Department of Economics and Business Economics, Aarhus University.
    12. Melindi-Ghidi, Paolo & Seegmuller, Thomas, 2019. "The love for children hypothesis and the multiplicity of fertility rates," Journal of Mathematical Economics, Elsevier, vol. 83(C), pages 89-100.
    13. 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.
    14. 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.
    15. Mino, Kazuo, 2004. "On the Generalized Weitzman's Rule," MPRA Paper 16996, University Library of Munich, Germany.
    16. 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.
    17. Sanou Issa, 2021. "Jealousy and Wealth Inequality: The Cases of Heterogeneous Preferences and Elastic Labor Supply," Working Papers hal-03408115, HAL.
    18. Roger E. A. Farmer & Amartya Lahiri, 2005. "A Two-Country Model of Endogenous Growth," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 8(1), pages 68-88, January.
    19. Ghiglino, Christian, 2007. "Trade, redistribution and indeterminacy," Journal of Mathematical Economics, Elsevier, vol. 43(3-4), pages 365-389, April.
    20. Ghiglino, Christian & Sorger, Gerhard, 2002. "Poverty Traps, Indeterminacy, and the Wealth Distribution," Journal of Economic Theory, Elsevier, vol. 105(1), pages 120-139, July.
    21. 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.
    22. 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.
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    24. Guerrazzi, Marco, 2011. "The animal spirits hypothesis and the Benhabib-Farmer condition for indeterminacy," MPRA Paper 30673, University Library of Munich, Germany.
    25. Ghiglino, Christian, 2002. "Introduction to a General Equilibrium Approach to Economic Growth," Journal of Economic Theory, Elsevier, vol. 105(1), pages 1-17, July.
    26. 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.
    27. 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.
    28. Hori, Katsuhiko, 2007. "Indeterminacy in a monetary economy with heterogeneous agents," MPRA Paper 49316, University Library of Munich, Germany.
    29. Konstantin Kucheryavyy & Gary Lyn & Andrés Rodríguez-Clare, 2016. "Grounded by Gravity: A Well-Behaved Trade Model with Industry-Level Economies of Scale," NBER Working Papers 22484, National Bureau of Economic Research, Inc.
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    32. Mino, Kazuo, 2004. "Weitzman's rule with market distortions," Japan and the World Economy, Elsevier, vol. 16(3), pages 307-329, August.
    33. 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.
    34. 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.
    35. 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.
    36. Ananth Ramanarayanan, 2007. "International Trade Dynamics with Intermediate Inputs," 2007 Meeting Papers 722, Society for Economic Dynamics.
    37. Christian Ghiglino & Marielle Olszak-Duquenne, 2002. "The impact of heterogeneity on indeterminacy," Diskussionsschriften dp0213, Universitaet Bern, Departement Volkswirtschaft.
    38. 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.
    39. Rebelo, Sergio & Xie, Danyang, 1999. "On the optimality of interest rate smoothing," Journal of Monetary Economics, Elsevier, vol. 43(2), pages 263-282, April.
    40. Giancarlo Marini & Pietro Senesi, 2004. "Multiplicity of Dynamic Equilibria and Global Efficiency," CEIS Research Paper 57, Tor Vergata University, CEIS.
    41. 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.
    42. 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.
    43. 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.
    44. Venditti, Alain, 1998. "Indeterminacy and endogenous fluctuations in two-sector growth models with externalities," Journal of Economic Behavior & Organization, Elsevier, vol. 33(3-4), pages 521-542, January.
    45. 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.
    46. Wilbur John Coleman, 1989. "Equilibrium in a production economy with an income tax," International Finance Discussion Papers 366, Board of Governors of the Federal Reserve System (U.S.).

  66. 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. 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. Jean-Paul Barinci & Hye-Jin Cho & Jean-Pierre Drugeon, 2025. "On the convergence criterion in three-period lived overlapping generations models," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 80(2), pages 541-563, September.
    3. d’Albis, Hippolyte & Augeraud-Véron, Emmanuelle & Hupkes, Hermen Jan, 2015. "Local determinacy of prices in an overlapping generations model with continuous trading," Journal of Mathematical Economics, Elsevier, vol. 58(C), pages 16-24.
    4. Felix Kubler & Karl Schmedders, 2010. "Tackling Multiplicity of Equilibria with Gröbner Bases," Operations Research, INFORMS, vol. 58(4-part-2), pages 1037-1050, August.
    5. Orrego, Fabrizio, 2011. "Habit formation and sunspots in overlapping generations models," Working Papers 2011-013, Banco Central de Reserva del Perú.
    6. 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.
    7. 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.
    8. James B. Bullard & John Duffy, 1993. "Learning in a large square economy," Working Papers 1994-013, Federal Reserve Bank of St. Louis.
    9. 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.
    10. Bröcker, Johannes & Korzhenevych, Artem, 2011. "Forward looking dynamics in spatial CGE modelling," Kiel Working Papers 1731, Kiel Institute for the World Economy.
    11. 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.
    12. 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.
    13. 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.
    14. Eric O'N. Fisher, 1994. "A Note on the Core of a Monetary Economy," GE, Growth, Math methods 9411001, University Library of Munich, Germany.
    15. 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.
    16. 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.
    17. 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.
    18. 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.
    19. 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.
    20. 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.
    21. 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.
    22. Orrego, Fabrizio, 2011. "Sequential incompleteness and dynamic suboptimality in stochastic OLG economies with production," Working Papers 2011-014, Banco Central de Reserva del Perú.
    23. 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.
    24. 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.
    25. 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.
    26. 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.
    27. Eryzhenskiy, Ilya, 2025. "Intergenerational redistribution with endogenous constraints to household debt," Journal of Mathematical Economics, Elsevier, vol. 116(C).
    28. 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.
    29. 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.
    30. 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.
    31. 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.

  67. 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. Jean-Paul Barinci & Hye-Jin Cho & Jean-Pierre Drugeon, 2024. "On the Convergence Criterion in Three-Period-Lived Overlapping Generations Models," PSE Working Papers halshs-04850529, HAL.
    2. 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.
    3. Covarrubias Enrique, 2011. "The Number of Equilibria of Smooth Infinite Economies," Working Papers 2011-02, Banco de México.
    4. Carmen Camacho & Agustín Pérez-Barahona, 2017. "The diffusion of economic activity across space: a new approach," Working Papers halshs-01670532, HAL.
    5. 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.
    6. Ghiglino, Christian, 2005. "Wealth inequality and dynamic stability," Journal of Economic Theory, Elsevier, vol. 124(1), pages 106-115, September.
    7. Kevin Reffett & Manjira Datta & Leonard Mirman & Olivier Morand, "undated". "Monotone Methods for Markovian Equilibrium in Dynamic Economies," Working Papers 2133476, Department of Economics, W. P. Carey School of Business, Arizona State University.
    8. Bosi, Stefano & Le Van, Cuong & Pham, Ngoc-Sang, 2022. "Real indeterminacy and dynamics of asset price bubbles in general equilibrium," Journal of Mathematical Economics, Elsevier, vol. 100(C).
    9. Jean-Pierre Drugeon & Carine Nourry & Alain Venditti, 2006. "Does dynamic efficiency rule out sunspot fluctuations ?," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00410787, HAL.
    10. 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).
    11. 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.
    12. 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.
    13. V. Filipe Martins-da-Rocha & Yiannis Vailakis, 2013. "Fixed point for local contractions: Applications to recursive utility," International Journal of Economic Theory, The International Society for Economic Theory, vol. 9(1), pages 23-33, March.
    14. Jean-Pierre Drugeon & Carine Nourry & Alain Venditti, 2009. "On efficiency and local uniqueness in two-sector OLG economies," Working Papers halshs-00439241, HAL.
    15. Robert Becker & Stefano Bosi & Cuong Le Van & Thomas Seegmuller, 2013. "On Existence and Bubbles of Ramsey Equilibrium with Borrowing Constraints," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00793530, HAL.
    16. 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.
    17. 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.
    18. Nourry, Carine & Venditti, Alain, 2001. "Determinacy of Equilibrium in an Overlapping Generations Model with Heterogeneous Agents," Journal of Economic Theory, Elsevier, vol. 96(1-2), pages 230-255, January.
    19. Ghiglino, Christian & Venditti, Alain, 2007. "Wealth inequality, preference heterogeneity and macroeconomic volatility in two-sector economies," Journal of Economic Theory, Elsevier, vol. 135(1), pages 414-441, July.
    20. 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.
    21. 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.
    22. Ghiglino, Christian, 2007. "Trade, redistribution and indeterminacy," Journal of Mathematical Economics, Elsevier, vol. 43(3-4), pages 365-389, April.
    23. 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.
    24. Ghiglino, Christian, 2002. "Introduction to a General Equilibrium Approach to Economic Growth," Journal of Economic Theory, Elsevier, vol. 105(1), pages 1-17, July.
    25. 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.
    26. Carmen Camacho & Agustín Pérez-Barahona, 2017. "The diffusion of economic activity across space: a new approach," PSE Working Papers halshs-01670532, HAL.
    27. Ghiglino, Christian & Venditti, Alain, 2011. "Wealth distribution and output fluctuations," Journal of Economic Theory, Elsevier, vol. 146(6), pages 2478-2509.
    28. 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.
    29. 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.
    30. César Martinelli, 2025. "Introduction to the Special Issue in Honor of David K. Levine," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 80(2), pages 417-420, September.
    31. 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.
    32. Christian Ghiglino & Marielle Olszak-Duquenne, 2002. "The impact of heterogeneity on indeterminacy," Diskussionsschriften dp0213, Universitaet Bern, Departement Volkswirtschaft.
    33. Chris Shannon & William R. Zame, 1999. "Quadratic Concavity and the Determinancy of Equilibrium," UCLA Economics Working Papers 791, UCLA Department of Economics.
    34. 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.
    35. Manjira Datta & Leonard J. Mirman & Olivier F. Morand & Kevin L. Reffett, 2005. "Markovian Equilibrium in Infinite Horizon Economies with Incomplete Markets and Public Policy," Tinbergen Institute Discussion Papers 05-013/2, Tinbergen Institute.
    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.

  68. 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, 2011. "The equilibrium set of economies with a continuous consumption space," Journal of Mathematical Economics, Elsevier, vol. 47(2), pages 137-142, March.
    2. Covarrubias Enrique, 2011. "The Number of Equilibria of Smooth Infinite Economies," Working Papers 2011-02, Banco de México.
    3. Covarrubias, Enrique, 2008. "Determinacy of equilibria of smooth infinite economies," MPRA Paper 9437, University Library of Munich, Germany.
    4. 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.
    5. 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.
    6. 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).
    7. Chichilnisky, Graciela & Zhou, Yuqing, 1998. "Smooth infinite economies," Journal of Mathematical Economics, Elsevier, vol. 29(1), pages 27-42, January.
    8. 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.
    9. Chris Shannon and William R. Zame., 1999. "Quadratic Concavity and Determinacy of Equilibrium," Economics Working Papers E99-271, University of California at Berkeley.
    10. Covarrubias, Enrique, 2008. "The number of equilibria of smooth infinite economies with separable utilities," MPRA Paper 11099, University Library of Munich, Germany.
    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. Covarrubias Enrique, 2010. "Regular Infinite Economies," Working Papers 2010-03, Banco de México.
    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.

  69. 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. 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.
    2. 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.
    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. 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.
    5. 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.
    6. 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.

  70. 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.
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    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. Jean-Paul Barinci & Hye-Jin Cho & Jean-Pierre Drugeon, 2025. "On the convergence criterion in three-period lived overlapping generations models," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 80(2), pages 541-563, September.
    3. 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.
    4. 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.
    5. 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).
    6. 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.
    7. Timothy J. Kehoe & David K. Levine, 1990. "The Economics of Indeterminacy in Overlapping Generations Models," Levine's Working Paper Archive 2193, David K. Levine.
    8. 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.
    9. John Geanakoplos & Heracles M. Polemarchakis, 1983. "Intertemporally Separable Overlapping Generations Economies," Cowles Foundation Discussion Papers 677, Cowles Foundation for Research in Economics, Yale University.
    10. Timothy J. Kehoe & David K. Levine, 1984. "Regularity in Overlapping Generations Exchange Economies," Levine's Working Paper Archive 2184, David K. Levine.

  72. 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. Duc, Francois & Ghiglino, Christian, 1998. "Optimality of Barter steady states," Journal of Economic Dynamics and Control, Elsevier, vol. 22(7), pages 1053-1067, May.
    4. Jean-Paul Barinci & Hye-Jin Cho & Jean-Pierre Drugeon, 2025. "On the convergence criterion in three-period lived overlapping generations models," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 80(2), pages 541-563, September.
    5. Gorokhovsky, Alexander & Rubinchik, Anna, 2024. "An overlapping-generations model with data-driven equilibrium behavior," Journal of Mathematical Economics, Elsevier, vol. 115(C).
    6. Kelly, David L. & Shorish, Jamsheed, 2000. "Stability of Functional Rational Expectations Equilibria," Journal of Economic Theory, Elsevier, vol. 95(2), pages 215-250, December.
    7. D'ALBIS Hippolyte & AUGERAUD-VERON Emmanuelle, 2007. "Endogenous Retirement and Monetary Cycles," LERNA Working Papers 07.14.235, LERNA, University of Toulouse.
    8. Felix Kubler & Karl Schmedders, 2010. "Tackling Multiplicity of Equilibria with Gröbner Bases," Operations Research, INFORMS, vol. 58(4-part-2), pages 1037-1050, August.
    9. 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.
    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. 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.
    12. Timothy J. Kehoe & David K. Levine, 1990. "The Economics of Indeterminacy in Overlapping Generations Models," Levine's Working Paper Archive 2193, David K. Levine.
    13. Jean-François Mertens & Anna Rubinchik, 2013. "Equilibria in an overlapping generations model with transfer policies and exogenous growth," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 54(3), pages 537-595, November.
    14. Gorokhovsky, Alexander & Rubinchik, Anna, 2022. "Necessary and sufficient conditions for determinacy of asymptotically stationary equilibria in OLG models," Journal of Economic Theory, Elsevier, vol. 204(C).
    15. Anna Rubinchik & Jean-Francois Mertens, 2008. "Intergenerational equity and the discount rate for cost-benefit analysis," 2008 Meeting Papers 874, Society for Economic Dynamics.
    16. Mich Tvede, 2009. "Fluctuations in Overlapping Generations Economies," Discussion Papers 09-05, University of Copenhagen. Department of Economics.
    17. 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.
    18. Timothy J. Kehoe & Nobuhiro Kiyotaki & Randall Wright, 1991. "More on money as a medium of exchange," Staff Report 140, Federal Reserve Bank of Minneapolis.
    19. 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.
    20. 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.
    21. Ghiglino, Christian & Tvede, Mich, 1995. "On dynamics and the core of OG models," Economics Letters, Elsevier, vol. 48(3-4), pages 313-317, June.
    22. 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.
    23. 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).
    24. Timothy J. Kehoe & David K. Levine, 1984. "Intertemporal Separability in Overlapping Generations Models," Levine's Working Paper Archive 108, David K. Levine.
    25. 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.
    26. Orlando Gomes, 2022. "Human capital and growth in an OLG-life cycle model," SN Business & Economics, Springer, vol. 2(1), pages 1-26, January.
    27. Eisei Ohtaki & Hiroyuki Ozaki, 2015. "Monetary equilibria and Knightian uncertainty," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 59(3), pages 435-459, August.

  73. 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. 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.
    2. 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.
    3. 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.
    4. Timothy J. Kehoe, 1996. "Social accounting matrices and applied general equilibrium models," Working Papers 563, Federal Reserve Bank of Minneapolis.

  74. 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. Mr. Roger Farmer & Pawel Zabczyk, 2019. "A Requiem for the Fiscal Theory of the Price Level," IMF Working Papers 2019/219, International Monetary Fund.
    2. Farmer, Roger & Zabczyk, Pawel, 2022. "Monetary and Fiscal Policy when People have Finite Lives," CEPR Discussion Papers 13432, C.E.P.R. Discussion Papers.
    3. 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.
    4. Timothy J. Kehoe & David K. Levine, 1984. "Intertemporal Separability in Overlapping Generations Models," Levine's Working Paper Archive 108, David K. Levine.
    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.

  75. 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. Covarrubias Enrique, 2011. "The Number of Equilibria of Smooth Infinite Economies," Working Papers 2011-02, Banco de México.
    2. David K. Levine, 1993. "Trembling Invisible Hand Equilibrium," Levine's Working Paper Archive 189, David K. Levine.
    3. 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.
    4. 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.
    5. Antoine Mandel, 2007. "An Index Formula for Production Economies with Externalities," Post-Print halshs-00155775, HAL.
    6. 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.
    7. Bodenstein, Martin, 2010. "Trade elasticity of substitution and equilibrium dynamics," Journal of Economic Theory, Elsevier, vol. 145(3), pages 1033-1059, May.
    8. Christian Bidard & Guido Erreygers, 1998. "The number and type of long-term equilibria," Journal of Economics, Springer, vol. 67(2), pages 181-205, June.
    9. 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.
    10. Alan Beggs, 2015. "Sensitivity Analysis of Boundary Equilibria," Economics Series Working Papers 762, University of Oxford, Department of Economics.
    11. W D A Bryant, 2009. "General Equilibrium:Theory and Evidence," World Scientific Books, World Scientific Publishing Co. Pte. Ltd., number 6875, March.
    12. Beggs, A.W., 2015. "Regularity and robustness in monotone Bayesian games," Journal of Mathematical Economics, Elsevier, vol. 60(C), pages 145-158.
    13. 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.
    14. 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.
    15. 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.
    16. 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.
    17. 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.
    18. 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.
    19. Galeazzo Impicciatore & Luca Panaccione & Francesco Ruscitti, 2009. "Intertemporal Equilibrium and Walras' Theory of Capital: a Projection Based Approach," Working Papers in Public Economics 121, Department of Economics and Law, Sapienza University of Rome.
    20. Bodenstein, Martin, 2013. "Equilibrium stability in open economy models," Journal of Macroeconomics, Elsevier, vol. 35(C), pages 1-13.
    21. Finn Christensen, 2016. "Comparative Statics and Heterogeneity," Working Papers 2016-01, Towson University, Department of Economics, revised Oct 2016.
    22. Konstantin Kucheryavyy & Gary Lyn & Andrés Rodríguez-Clare, 2016. "Grounded by Gravity: A Well-Behaved Trade Model with Industry-Level Economies of Scale," NBER Working Papers 22484, National Bureau of Economic Research, Inc.
    23. John Whalley & Shunming Zhang, 2011. "Tax-induced multiple equilibria," Applied Economics Letters, Taylor & Francis Journals, vol. 18(15), pages 1469-1477.
    24. 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.
    25. 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.
    26. 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.
    27. Mandler, Michael, 1997. "Sequential regularity in smooth production economies," Journal of Mathematical Economics, Elsevier, vol. 27(4), pages 487-504, May.
    28. 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.
    29. 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.
    30. 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.
    31. Alan Beggs & A.W. Beggs, 2011. "Regularity and Stability in Monotone Bayesian Games," Economics Series Working Papers 587, University of Oxford, Department of Economics.
    32. Martin Bodenstein, 2006. "Closing Large Open Economy Models," International Finance Discussion Papers 867, Board of Governors of the Federal Reserve System (U.S.).
    33. Berliant, Marcus & Watanabe, Axel, 2025. "Agglomeration in purely neoclassical and symmetric economies," MPRA Paper 125958, University Library of Munich, Germany.
    34. Saverio M. Fratini, 2020. "Interest, profit and saving in Arrow-Debreu equilibrium models," Bulletin of Political Economy, Bulletin of Political Economy, vol. 14(1), pages 39-53, June.
    35. Paul Oslington, 2012. "General Equilibrium: Theory and Evidence," The Economic Record, The Economic Society of Australia, vol. 88(282), pages 446-448, September.
    36. Saverio M. Fratini, 2018. "On the Second Stage of the Cambridge Capital Controversy," Centro Sraffa Working Papers CSWP30, Centro di Ricerche e Documentazione 'Piero Sraffa'.

Articles

  1. Conesa, Juan Carlos & Kehoe, Timothy J., 2024. "Preemptive austerity with rollover risk," Journal of International Economics, Elsevier, vol. 150(C).
    See citations under working paper version above.
  2. 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.
  3. 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.
  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).
    See citations under working paper version above.
  5. 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.
  6. 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.
  7. 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.
  8. 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.
  9. 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.
  10. 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.
  11. 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.
  12. 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.
  13. 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.
  14. 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.
  15. 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. Andres Fernandez & Ayse Imrohoroglu & Cesar Tamayo, 2018. "Saving Rates in Latin America: A Neoclassical Perspective," 2018 Meeting Papers 1229, Society for Economic Dynamics.
    2. Jose Asturias & Sewon Hur & Timothy J. Kehoe & Kim J. Ruhl, 2016. "The Interaction and Sequencing of Policy Reforms," NBER Working Papers 21840, National Bureau of Economic Research, Inc.
    3. 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.
    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.
    5. Chang, Roberto & Fernández, Andrés & Gulan, Adam, 2017. "Bond finance, bank credit, and aggregate fluctuations in an open economy," Journal of Monetary Economics, Elsevier, vol. 85(C), pages 90-109.
    6. Delalibera, Bruno R. & Pereira, Luciene & Rios, Heron & Serrano-Quintero, Rafael, 2024. "Capital misallocation and economic development in a dynamic open economy," Journal of Economic Dynamics and Control, Elsevier, vol. 168(C).
    7. 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.
    8. 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.
    9. 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.
    10. 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).

  16. 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.
  17. 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.
  18. 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. Michel De Vroey, 2009. "El liberalismo económico y la crisis," Revista Lecturas de Economía, Universidad de Antioquia, CIE.
    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.
    3. Lubiński, Marek, . "Polityka fiskalna wobec kryzysu finansowego. Próba oceny," Gospodarka Narodowa-The Polish Journal of Economics, Szkoła Główna Handlowa w Warszawie / SGH Warsaw School of Economics, vol. 2010(9).

  19. 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.
  20. 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.
  21. 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.
  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.
    See citations under working paper version above.
  23. 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. David Backus & Espen Henriksen & Frederic Lambert & Christopher Telmer, 2009. "Current Account Fact and Fiction," NBER Working Papers 15525, National Bureau of Economic Research, Inc.
    3. 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.
    4. 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.
    5. Yannic Stucki & Jacqueline Thomet, 2020. "A neoclassical perspective on Switzerland's 1990s stagnation," Working Papers 2020-22, Swiss National Bank.
    6. 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.
    7. Timothy J. Kehoe & Kim J. Ruhl, 2007. "Are Shocks to the Terms of Trade Shocks to Productivity?," NBER Working Papers 13111, National Bureau of Economic Research, Inc.
    8. Jalil, Muaz, 2009. "Measuring Switzerland's Productivity Performance (1960-2008)," MPRA Paper 65321, University Library of Munich, Germany.
    9. 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.
    10. 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.
    11. 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.

  24. 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.
  25. 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.
  26. 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. Vasilev, Aleksandar, 2016. "Business Cycles in Bulgaria and the Baltic Countries: An RBC Approach," EconStor Preprints 144531, ZBW - Leibniz Information Centre for Economics.
    2. 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.
    3. Yannic Stucki & Jacqueline Thomet, 2020. "A neoclassical perspective on Switzerland's 1990s stagnation," Working Papers 2020-22, Swiss National Bank.
    4. Hazledine, Tim & Quiggin, John, "undated". "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.
    5. Amartya Lahiri & Kei-Mu Yi, 2009. "A Tale of Two States: Maharashtra and West Bengal," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 12(3), pages 523-542, July.
    6. Betts, Caroline, 2021. "How many (more) lost decades? The great productivity slowdown in Japan," MPRA Paper 106503, University Library of Munich, Germany.
    7. Çiçek, Deniz & Elgin, Ceyhun, 2011. "Not-quite-great depressions of Turkey: A quantitative analysis of economic growth over 1968–2004," Economic Modelling, Elsevier, vol. 28(6), pages 2691-2700.
    8. Jalil, Muaz, 2009. "Measuring Switzerland's Productivity Performance (1960-2008)," MPRA Paper 65321, University Library of Munich, Germany.
    9. 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.
    10. Mr. Aleš Bulíř & 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.
    11. 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.
    12. 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).
    13. 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.

  27. 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.
  28. 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.
  29. 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.
  30. 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.
  31. 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. David Coble & Sebastián Faúndez, 2015. "The Labor Wedge and Business Cycle in Chile," Working Papers Central Bank of Chile 758, Central Bank of Chile.
    2. Vasilev, Aleksandar, 2016. "Business Cycles in Bulgaria and the Baltic Countries: An RBC Approach," EconStor Preprints 144531, ZBW - Leibniz Information Centre for Economics.
    3. Pratap, Sangeeta & Quintin, Erwan, 2011. "Financial crises and labor market turbulence," Journal of Monetary Economics, Elsevier, vol. 58(6), pages 601-615.
    4. Andres Fernandez & Ayse Imrohoroglu & Cesar Tamayo, 2018. "Saving Rates in Latin America: A Neoclassical Perspective," 2018 Meeting Papers 1229, Society for Economic Dynamics.
    5. 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).
    6. Betty Agnani & Amaia Iza, 2011. "Growth in an oil abundant economy: The case of Venezuela," Journal of Applied Economics, Universidad del CEMA, vol. 14, pages 61-79, May.
    7. 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.
    8. Gopalakrishnan, Balagopal & Mohapatra, Sanket, 2019. "Insolvency Regimes and Firms' Default Risk Under Economic Uncertainty and Shocks," MPRA Paper 96283, University Library of Munich, Germany.
    9. 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.
    10. Cristina Arellano & Yan Bai & Gabriel Mihalache, 2020. "Deadly Debt Crises: COVID-19 in Emerging Markets," Staff Report 603, Federal Reserve Bank of Minneapolis.
    11. 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.
    12. Pedro Cavalcanti Ferreira & Samuel De Abreu Pessôa & Fernando A. Veloso, 2013. "On The Evolution Of Total Factor Productivity In Latin America," Economic Inquiry, Western Economic Association International, vol. 51(1), pages 16-30, January.
    13. Timothy J. Kehoe & Felipe Meza, 2011. "Catch-up growth followed by stagnation: Mexico, 1950–2010," Working Papers 693, Federal Reserve Bank of Minneapolis.
    14. Felipe Meza & Erwan Quintin, 2005. "Financial Crises and Total Factor Productivity: The Mexican Case," 2005 Meeting Papers 478, Society for Economic Dynamics.
    15. 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.
    16. Jose De Gregorio, 2004. "Economic Growth in Chile: Evidence, Sources and Prospects," Working Papers Central Bank of Chile 298, Central Bank of Chile.
    17. 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.
    18. Çiçek, Deniz & Elgin, Ceyhun, 2011. "Not-quite-great depressions of Turkey: A quantitative analysis of economic growth over 1968–2004," Economic Modelling, Elsevier, vol. 28(6), pages 2691-2700.
    19. Kathleen McKiernan, 2020. "Online Appendix to "Social Security Reform in the Presence of Informality"," Online Appendices 19-129, Review of Economic Dynamics.
    20. 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.
    21. 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.
    22. Miguel Santos, 2016. "The Right Fit for the Wrong Reasons: Real Business Cycle in an Oil-dependent Economy," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 53(1), pages 61-94, December.
    23. 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.
    24. 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.
    25. 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.
    26. 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.
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    138. Dan Cao, 2011. "Collateral Shortages, Asset Price and Investment Volatility with Heterogeneous Beliefs," Working Papers gueconwpa~11-11-01, Georgetown University, Department of Economics.

  33. 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.

  34. 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. 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. 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.
    3. 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.
    4. Mr. Rudolfs Bems & Mr. Philip Schellekens, 2008. "Macroeconomics of Migration in New Member States," IMF Working Papers 2008/264, International Monetary Fund.
    5. Jönsson, Kristian, 2005. "Real Exchange Rate and Consumption Fluctuations following Trade Liberalization," Working Paper Series 187, Sveriges Riksbank (Central Bank of Sweden).
    6. 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.
    7. 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.
    8. 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.
    9. Lawrence J. Christiano & Christopher Gust & Jorge Roldos, 2002. "Monetary Policy in a Financial Crisis," NBER Working Papers 9005, National Bureau of Economic Research, Inc.
    10. Timothy J. Kehoe, 2003. "What can we learn from the current crisis in Argentina?," Staff Report 318, Federal Reserve Bank of Minneapolis.
    11. 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.
    12. 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.
    13. Shang-Jin Wei & Jiandong Ju, 2008. "Current Account Adjustment: Some New Theory and Evidence," 2008 Meeting Papers 851, Society for Economic Dynamics.
    14. 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.
    15. 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.
    16. 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.
    17. 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.
    18. 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.
    19. Bergoeing, Raphael & Roubini, Nouriel, 2005. "Comments," LSE Research Online Documents on Economics 123201, London School of Economics and Political Science, LSE Library.
    20. 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.
    21. Timothy J. Kehoe, 2003. "An Evaluation of the Performance of Applied General Equilibrium Models of the Impact of NAFTA," Levine's Working Paper Archive 506439000000000525, David K. Levine.
    22. Luisito BERTINELLI & Olivier CARDI & Romain RESTOUT, 2021. "Labor Market Effects Of Technology Shocks Biased Toward The Traded Sector," Working Papers of BETA 2021-09, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    23. 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.
    24. 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.
    25. Olivier CARDI & Peter CLAEYS & Romain RESTOUT, 2017. "Imperfect mobility of labor across sectors and fiscal transmission," LIDAM Discussion Papers IRES 2017015, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    26. 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.
    27. Benczur, Peter & Konya, Istvan, 2013. "Convergence, capital accumulation and the nominal exchange rate," Journal of International Money and Finance, Elsevier, vol. 37(C), pages 260-281.
    28. 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.
    29. 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.
    30. 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.
    31. Benigno, Gianluca & Fornaro, Luca, 2013. "The Financial Resource Curse," CEPR Discussion Papers 9489, C.E.P.R. Discussion Papers.
    32. Olivier CARDI & Romain RESTOUT, 2015. "Imperfect Mobility of Labor Across Sectors : A réappraisal of the Balassa-Samuelson Effect," LEO Working Papers / DR LEO 2297, Orleans Economics Laboratory / Laboratoire d'Economie d'Orleans (LEO), University of Orleans.
    33. 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.
    34. Olivier CARDI & Romain RESTOUT, 2023. "Sectoral Fiscal Multipliers And Technology In Open Economy," Working Papers of BETA 2023-20, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    35. Sebastian Edwards, 2001. "Does the Current Account Matter?," NBER Working Papers 8275, National Bureau of Economic Research, Inc.
    36. 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.
    37. Francisco Alcalá & Diego Peñarrubia, 2000. "Economic booms, trade deficits and economic policy," Economics Working Papers 397, Department of Economics and Business, Universitat Pompeu Fabra.
    38. Rubina Verma, 2006. "India’s Service Sector Growth - A “New” Revolution," DEGIT Conference Papers c011_020, DEGIT, Dynamics, Economic Growth, and International Trade.
    39. 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.
    40. 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.
    41. 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.
    42. 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.
    43. 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.
    44. 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.
    45. 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.
    46. 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.
    47. 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.
    48. Luisito Bertinelli & Olivier Cardi & Romain Restout, 2018. "Relative Productivity and Search Unemployment in an Open Economy," LIDAM Discussion Papers IRES 2018008, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    49. Cardi, Olivier & Restout, Romain, 2025. "Why hours worked decline less after technology shocks?," Journal of International Economics, Elsevier, vol. 157(C).
    50. 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.
    51. 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.
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    53. 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.
    54. 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.
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    59. 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.
    60. 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).
    61. 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.

  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. 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. 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.
    2. 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.

  37. 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.
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    3. 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.
    4. 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, EconSciences Journals, vol. 1(2), pages 253-301, December.
    5. Corsetti, G. & Pesenti, P. & Roubini, N., 1998. "What Caused the Asian Currency and Financial Crisis?," Papers 343, Banca Italia - Servizio di Studi.
    6. David Llewellyn, 2000. "Some Lessons for Regulation from Recent Bank Crises," Open Economies Review, Springer, vol. 11(1), pages 69-109, August.
    7. 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.
    8. 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.
    9. Aloisio Araujo & Marcia Leon & Rafael Santos, 2017. "Bargained haircuts and debt policy implications," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 64(4), pages 635-656, December.
    10. Paola L. Montero Ledezma, 2018. "The Role of Politics in Financial Crises in Emerging Markets," Investigación & Desarrollo, Universidad Privada Boliviana, vol. 18(2), pages 5-21.
    11. 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.
    12. 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.
    13. Winkler, Adalbert, 2013. "Der lender of last resort vor Gericht," Frankfurt School - Working Paper Series 206, Frankfurt School of Finance and Management.
    14. 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.
    15. Mr. Francisco Roch & Harald Uhlig, 2016. "The Dynamics of Sovereign Debt Crises and Bailouts," IMF Working Papers 2016/136, International Monetary Fund.
    16. 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.
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    19. 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.
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    34. 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.
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    Cited by:

    1. Peichl, Andreas, 2005. "Die Evaluation von Steuerreformen durch Simulationsmodelle," FiFo Discussion Papers - Finanzwissenschaftliche Diskussionsbeiträge 05-1, University of Cologne, FiFo Institute for Public Economics.
    2. Ferran Sancho, 2009. "Calibration Of Ces Functions For Real-World Multisectoral Modeling," Economic Systems Research, Taylor & Francis Journals, vol. 21(1), pages 45-58.
    3. Peichl, Andreas, 2008. "The Benefits of Linking CGE and Microsimulation Models: Evidence from a Flat Tax Analysis," IZA Discussion Papers 3715, Institute of Labor Economics (IZA).
    4. WILLENBOCKEL Dirk, 2010. "The Numeraire Problem in General Equilibrium Models with Market Power: Much Ado About Nothing?," EcoMod2003 330700152, EcoMod.
    5. Peichl, Andreas, 2009. "Benefits and problems of linking micro and macro models – evidence from a flat tax analysis," ISER Working Paper Series 2009-02, Institute for Social and Economic Research.
    6. 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.
    7. Atolia, Manoj & Kurokawa, Yoshinori, 2016. "The impact of trade margins on the skill premium: Evidence from Mexico," Journal of Policy Modeling, Elsevier, vol. 38(5), pages 895-915.
    8. 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).
    9. 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.
    10. 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.
    11. 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.
    12. Andreas Peichl, 2016. "Linking Microsimulation and CGE models," International Journal of Microsimulation, International Microsimulation Association, vol. 9(1), pages 167-174.
    13. 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.
    14. Pedro Garcia Duarte & Kevin D. Hoover, 2012. "Observing Shocks," History of Political Economy, Duke University Press, vol. 44(5), pages 226-249, Supplemen.
    15. Avouyi-Dovi, S. & Matheron, J. & Fève, P., 2007. "DSGE models and their importance to central banks," Quarterly selection of articles - Bulletin de la Banque de France, Banque de France, issue 09, pages 25-46, Autumn.

  39. 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.
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    1. 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.
    2. Timothy J. Kehoe, 1996. "Social accounting matrices and applied general equilibrium models," Working Papers 563, Federal Reserve Bank of Minneapolis.

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    1. 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.
    2. 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.
    3. 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.
    4. 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.
    5. Gaitan, Beatriz & Pavel, Ferdinand, 2000. "Is 'Getting The Prices Right' Always Right? How Trade Liberalization Can Fail," 2000 Annual meeting, July 30-August 2, Tampa, FL 21881, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    6. 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.
    7. 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.
    8. Peichl, Andreas, 2005. "Die Evaluation von Steuerreformen durch Simulationsmodelle," FiFo Discussion Papers - Finanzwissenschaftliche Diskussionsbeiträge 05-1, University of Cologne, FiFo Institute for Public Economics.
    9. 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.
    10. Bell, William Paul, 2009. "Adaptive interactive expectations: dynamically modelling profit expectations," MPRA Paper 38260, University Library of Munich, Germany, revised 09 Feb 2010.
    11. Gürtzgen, Nicole & Feil, Michael & Boeters, Stefan, 2004. "Discrete Working Time Choice in an Applied General Equilibrium Model," ZEW Discussion Papers 04-20, ZEW - Leibniz Centre for European Economic Research.
    12. 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.
    13. 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.
    14. Maria Berrittella, 2010. "A macroeconomic analysis of the public investments in European combined transport," Empirical Economics, Springer, vol. 39(1), pages 167-181, August.
    15. 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.
    16. 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.
    17. 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.
    18. Omar Chisari & Antonio Estache & Gaëtan Nicodème, 2013. "Efficiency and Equity Effects of Taxing the Financial Sector: Lessons from a CGE Model for Belgium," Working Papers ECARES ecares 2013-01, ULB -- Universite Libre de Bruxelles.
    19. 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.
    20. Rodrigo Garcá-Verdú, 2005. "Factor Shares from Household Survey Data," DEGIT Conference Papers c010_057, DEGIT, Dynamics, Economic Growth, and International Trade.
    21. 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).
    22. 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.
    23. Atolia, Manoj & Kurokawa, Yoshinori, 2016. "The impact of trade margins on the skill premium: Evidence from Mexico," Journal of Policy Modeling, Elsevier, vol. 38(5), pages 895-915.
    24. 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.
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    27. Mustapha Sadni Jallab & Lahsen Abdelkmalki & René Sandretto, 2007. "The Free Trade Agreement Between the United States and Morocco. The Importance of a Gradual and Assymetric Agreement," Post-Print halshs-00359098, HAL.
    28. 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.
    29. 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.
    30. 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.
    31. Timothy J. Kehoe, 1996. "Social accounting matrices and applied general equilibrium models," Working Papers 563, Federal Reserve Bank of Minneapolis.
    32. 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.
    33. 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).
    34. 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.
    35. 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.
    36. 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).
    37. 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.
    38. Rutherford, Thomas F. & Böhringer, Christoph, 2002. "In Search of a Rationale for Differentiated Environmental Taxes," ZEW Discussion Papers 02-30, ZEW - Leibniz Centre for European Economic Research.
    39. 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.
    40. Amy Peng, 2009. "Introducing CGE Models to the Classroom Using EXCEL," Working Papers 013, Toronto Metropolitan University, Department of Economics.
    41. Cunha, Alexandre B. & Teixeira, Arilton, 2002. "The Impacts of Trade Blocks and Tax Reforms on the Brazilian Economy," Insper Working Papers wpe_22, Insper Working Paper, Insper Instituto de Ensino e Pesquisa.
    42. Fehr, Hans & Wiegard, Wolfgang, 1996. "Numerische Gleichgewichtsmodelle: Grundstruktur, Anwendungen und Erkenntnisgehalt," Tübinger Diskussionsbeiträge 75, University of Tübingen, School of Business and Economics.
    43. 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.
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    46. Olga Kiuila, 2001. "Computable Models of General Equilibrium (CGE)," Ekonomia journal, Faculty of Economic Sciences, University of Warsaw, vol. 4.
    47. 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.
    48. 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.
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    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. 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.
    4. 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.
    5. 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.
    6. 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.
    7. 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.
    8. 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.
    9. 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.
    10. 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).
    11. Lorenzo Caliendo & Fernando Parro, 2012. "Estimates of the Trade and Welfare Effects of NAFTA," NBER Working Papers 18508, National Bureau of Economic Research, Inc.
    12. 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.
    13. Michael A. Kouparitsas, 1997. "A dynamic macroeconomic analysis of NAFTA," Economic Perspectives, Federal Reserve Bank of Chicago, vol. 21(Jan), pages 14-35.
    14. Rodrigo Garcá-Verdú, 2005. "Factor Shares from Household Survey Data," DEGIT Conference Papers c010_057, DEGIT, Dynamics, Economic Growth, and International Trade.
    15. Mathan Satchi & Jonathan Temple, 2006. "Growth and labour markets in developing countries," CEDI Discussion Paper Series 06-12, Centre for Economic Development and Institutions(CEDI), Brunel University.
    16. 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.
    17. 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.
    18. 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.
    19. 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).
    20. Juyoung Cheong & Shino Takayama, 2013. "Who Gains the Most in Preferential Trade Agreements?," Discussion Papers Series 475, School of Economics, University of Queensland, Australia.
    21. Sule Ozler & Kamil Yilmaz, 2009. "Productivity response to reduction in trade barriers: evidence from Turkish manufacturing plants," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 145(2), pages 339-360, July.
    22. 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.
    23. 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).
    24. 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.
    25. John Romalis, 2005. "NAFTA's and CUSFTA's Impact on International Trade," NBER Working Papers 11059, National Bureau of Economic Research, Inc.
    26. 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.
    27. 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.
    28. 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.
    29. 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.
    30. Mr. Azim M Sadikov, 2008. "External Tariff Liberalization in CARICOM: A Commodity-Level Analysis," IMF Working Papers 2008/033, International Monetary Fund.
    31. 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.
    32. Juyoung Cheong & Shino Takayama, 2014. "The Trade And Welfare Analysis Of The TPP," Discussion Papers Series 509, School of Economics, University of Queensland, Australia.
    33. 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).
    34. 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).
    35. Cunha, Alexandre B. & Teixeira, Arilton, 2002. "The Impacts of Trade Blocks and Tax Reforms on the Brazilian Economy," Insper Working Papers wpe_22, Insper Working Paper, Insper Instituto de Ensino e Pesquisa.
    36. 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.
    37. 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.
    38. 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.

  43. 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.
  44. 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.
  45. 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. 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.
    2. Jean-Sébastien Lenfant, 2018. "Substitutability and the Quest for Stability," Working Papers hal-01764115, HAL.

  46. 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.
  47. 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.
  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. & 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. Jean-Paul Barinci & Hye-Jin Cho & Jean-Pierre Drugeon, 2024. "On the Convergence Criterion in Three-Period-Lived Overlapping Generations Models," PSE Working Papers halshs-04850529, HAL.
    5. 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.
    6. Jean-Paul Barinci & Hye-Jin Cho & Jean-Pierre Drugeon, 2025. "On the convergence criterion in three-period lived overlapping generations models," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 80(2), pages 541-563, September.
    7. 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.
    8. D'ALBIS Hippolyte & AUGERAUD-VERON Emmanuelle, 2007. "Endogenous Retirement and Monetary Cycles," LERNA Working Papers 07.14.235, LERNA, University of Toulouse.
    9. d’Albis, Hippolyte & Augeraud-Véron, Emmanuelle & Hupkes, Hermen Jan, 2015. "Local determinacy of prices in an overlapping generations model with continuous trading," Journal of Mathematical Economics, Elsevier, vol. 58(C), pages 16-24.
    10. Felix Kubler & Karl Schmedders, 2010. "Tackling Multiplicity of Equilibria with Gröbner Bases," Operations Research, INFORMS, vol. 58(4-part-2), pages 1037-1050, August.
    11. Orrego, Fabrizio, 2011. "Habit formation and sunspots in overlapping generations models," Working Papers 2011-013, Banco Central de Reserva del Perú.
    12. Hippolyte d'Albis & Emmanuelle Augeraud-Véron, 2011. "Continuous-Time Overlapping Generations Models," Post-Print hal-00424799, HAL.
    13. 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).
    14. 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.
    15. Orrego, Fabrizio, 2011. "Demografía y precios de activos," Revista Estudios Económicos, Banco Central de Reserva del Perú, issue 22, pages 83-101.
    16. James B. Bullard & John Duffy, 1993. "Learning in a large square economy," Working Papers 1994-013, Federal Reserve Bank of St. Louis.
    17. Costas Azariadis & James B. Bullard & Lee E. Ohanian, 1998. "Complex eigenvalues and trend-reverting fluctuations," Staff Report 255, Federal Reserve Bank of Minneapolis.
    18. D'ALBIS Hippolyte & AUGERAUD-VERON Emmannuelle, 2007. "Competitive Growth in a Life-cycle Model: Existence and Dynamics," LERNA Working Papers 07.19.240, LERNA, University of Toulouse.
    19. 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.
    20. Timothy J. Kehoe & David K. Levine, 1990. "The Economics of Indeterminacy in Overlapping Generations Models," Levine's Working Paper Archive 2193, David K. Levine.
    21. Gorokhovsky, Alexander & Rubinchik, Anna, 2022. "Necessary and sufficient conditions for determinacy of asymptotically stationary equilibria in OLG models," Journal of Economic Theory, Elsevier, vol. 204(C).
    22. 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.
    23. 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.
    24. 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.
    25. Felix Kubler & Johannes Brumm, 2013. "Applying Negishi's method to stochastic models with overlapping generations," 2013 Meeting Papers 1352, Society for Economic Dynamics.
    26. Tomohiro Hirano & Alexis Akira Toda, 2023. "Bubble Necessity Theorem," Papers 2305.08268, arXiv.org, revised Apr 2024.
    27. César Martinelli, 2025. "Introduction to the Special Issue in Honor of David K. Levine," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 80(2), pages 417-420, September.
    28. Karl Schmedders & Felix Kubler, 2012. "Life-Cycle Portfolio Choice, the Wealth Distribution and Asset Prices," 2012 Meeting Papers 536, Society for Economic Dynamics.
    29. 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.
    30. 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.
    31. 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.
    32. 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.
    33. 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.
    34. Tvede, Mich, 2001. "Strong optimality in OG economies: convergence," Journal of Mathematical Economics, Elsevier, vol. 35(3), pages 419-425, June.
    35. Toda, Alexis Akira & Walsh, Kieran James, 2024. "Recent advances on uniqueness of competitive equilibrium," Journal of Mathematical Economics, Elsevier, vol. 113(C).

  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., 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.
  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. 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.
    2. 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.
    3. 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.
    4. 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.
    5. 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.

  53. 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, 2011. "The Number of Equilibria of Smooth Infinite Economies," Working Papers 2011-02, Banco de México.
    2. Covarrubias, Enrique, 2008. "Determinacy of equilibria of smooth infinite economies," MPRA Paper 9437, University Library of Munich, Germany.
    3. d’Albis, Hippolyte & Augeraud-Véron, Emmanuelle & Hupkes, Hermen Jan, 2015. "Local determinacy of prices in an overlapping generations model with continuous trading," Journal of Mathematical Economics, Elsevier, vol. 58(C), pages 16-24.
    4. 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.
    5. 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).
    6. Smith, Peter, 1992. "Policy generating systems: Market forces and agricultural and rural development and research," Agricultural Systems, Elsevier, vol. 40(4), pages 311-332.
    7. 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.
    8. D'ALBIS Hippolyte & AUGERAUD-VERON Emmannuelle, 2007. "Competitive Growth in a Life-cycle Model: Existence and Dynamics," LERNA Working Papers 07.19.240, LERNA, University of Toulouse.
    9. 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.
    10. Chris Shannon and William R. Zame., 1999. "Quadratic Concavity and Determinacy of Equilibrium," Economics Working Papers E99-271, University of California at Berkeley.
    11. Covarrubias, Enrique, 2008. "The number of equilibria of smooth infinite economies with separable utilities," MPRA Paper 11099, University Library of Munich, Germany.
    12. 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.
    13. Covarrubias Enrique, 2010. "Regular Infinite Economies," Working Papers 2010-03, Banco de México.
    14. Accinelli, E. & Covarrubias, E., 2014. "An extension of the Sard–Smale Theorem to convex domains with an empty interior," Journal of Mathematical Economics, Elsevier, vol. 55(C), pages 123-128.
    15. García Cutrín, Javier & Hervés Beloso, Carlos, 1991. "A discrete approach to continuum economies," UC3M Working papers. Economics 2813, Universidad Carlos III de Madrid. Departamento de Economía.
    16. Accinelli, Elvio & Covarrubias, Enrique, 2014. "Smooth economic analysis for general spaces of commodities," MPRA Paper 53222, University Library of Munich, Germany.
    17. 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.

  54. 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. 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.
    2. 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.
    3. 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.
    4. 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".
    5. 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.
    6. Atolia, Manoj & Kurokawa, Yoshinori, 2016. "The impact of trade margins on the skill premium: Evidence from Mexico," Journal of Policy Modeling, Elsevier, vol. 38(5), pages 895-915.
    7. 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.
    8. J.A. Giesecke & N.H. Tran, 2017. "The National and Regional Consequences of Australia's Goods and Services Tax," Centre of Policy Studies/IMPACT Centre Working Papers g-278, Victoria University, Centre of Policy Studies/IMPACT Centre.
    9. 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.
    10. Alexandre Gohin & Hervé Guyomard, 1999. "Agenda 2000, dairy policy instruments and farm milk price," Post-Print hal-01931591, HAL.
    11. 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.
    12. Aleksandar Vasilev, 2017. "VAT Evasion in Bulgaria: A General-Equilibrium Approach," Review of Economics and Institutions, Università di Perugia, vol. 8(2).
    13. Shneidman, V.A., 1991. "The dynamics of unstable-state decay," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 174(2), pages 406-424.
    14. 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.
    15. 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.
    16. Timothy J. Kehoe, 1996. "Social accounting matrices and applied general equilibrium models," Working Papers 563, Federal Reserve Bank of Minneapolis.
    17. 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.
    18. 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.
    19. 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.
      • 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.
    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.

  55. 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. Rodrigo Garcá-Verdú, 2005. "Factor Shares from Household Survey Data," DEGIT Conference Papers c010_057, DEGIT, Dynamics, Economic Growth, and International Trade.
    3. 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.
    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.

  56. 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. 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. Berliant, Marcus & Watanabe, Axel, 2024. "Agglomeration in purely neoclassical and symmetric economies," MPRA Paper 122263, University Library of Munich, Germany.
    3. 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.
    4. Fan-chin Kung, 2004. "Genericity analysis of split bifurcations," GE, Growth, Math methods 0410008, University Library of Munich, Germany, revised 24 Nov 2004.
    5. 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.
    6. 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.
    7. Christensen, Finn & Cornwell, Christopher R., 2018. "A strong correspondence principle for smooth, monotone environments," Journal of Mathematical Economics, Elsevier, vol. 77(C), pages 15-24.
    8. 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.
    9. Kiminori Matsuyama, 1990. "Increasing Returns, Industrialization and Indeterminacy of Equilibrium," Discussion Papers 878, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    10. W D A Bryant, 2009. "General Equilibrium:Theory and Evidence," World Scientific Books, World Scientific Publishing Co. Pte. Ltd., number 6875, March.
    11. Costas Azariadis & James B. Bullard & Lee E. Ohanian, 1998. "Complex eigenvalues and trend-reverting fluctuations," Staff Report 255, Federal Reserve Bank of Minneapolis.
    12. 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.
    13. Jerison, David & Jerison, Michael, 1993. "Approximately Rational Consumer Demand," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 3(2), pages 217-241, April.
    14. 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.
    15. Hippolyte d'Albis, 2007. "Demographic structure and capital accumulation," Post-Print hal-00630200, HAL.
    16. Bodenstein, Martin, 2013. "Equilibrium stability in open economy models," Journal of Macroeconomics, Elsevier, vol. 35(C), pages 1-13.
    17. 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.
    18. 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.
    19. 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.
    20. Giménez, Eduardo L., 2022. "Offer curves and uniqueness of competitive equilibrium," Journal of Mathematical Economics, Elsevier, vol. 98(C).
    21. 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.
    22. Timothy J. Kehoe & David K. Levine, 1990. "Indeterminacy in Applied Intertemporal General Equilibrium Models," Levine's Working Paper Archive 2042, David K. Levine.
    23. 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.
    24. Westbrock, Bastian & Bosker, Maarten, 2014. "A theory of trade in a global production network," CEPR Discussion Papers 9870, C.E.P.R. Discussion Papers.
    25. 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.
    26. 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.
    27. Timothy J. Kehoe & Nobuhiro Kiyotaki & Randall Wright, 1991. "More on money as a medium of exchange," Staff Report 140, Federal Reserve Bank of Minneapolis.
    28. Toda, Alexis Akira, 2017. "Huggett economies with multiple stationary equilibria," Journal of Economic Dynamics and Control, Elsevier, vol. 84(C), pages 77-90.
    29. 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.
    30. Fan-chin Kung, 2004. "Bifurcations in regional migration dynamics," Urban/Regional 0409008, University Library of Munich, Germany, revised 12 Sep 2004.
    31. 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.
    32. Treb Allen & Costas Arkolakis & Yuta Takahashi, 2014. "Universal Gravity," NBER Working Papers 20787, National Bureau of Economic Research, Inc.
    33. 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.
    34. 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.
    35. Dohtani, Akitaka, 1998. "The system stability of dynamic processes," Journal of Mathematical Economics, Elsevier, vol. 29(2), pages 161-182, March.
    36. Martin Bodenstein, 2006. "Closing Large Open Economy Models," International Finance Discussion Papers 867, Board of Governors of the Federal Reserve System (U.S.).
    37. Paul Oslington, 2012. "General Equilibrium: Theory and Evidence," The Economic Record, The Economic Society of Australia, vol. 88(282), pages 446-448, September.
    38. Toda, Alexis Akira & Walsh, Kieran James, 2024. "Recent advances on uniqueness of competitive equilibrium," Journal of Mathematical Economics, Elsevier, vol. 113(C).

  57. 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. CARDENETE M. Alejandro & SANCHO Ferran, 2010. "Sensitivity of Simulation Results to Competing SAM Updates," EcoMod2003 330700031, EcoMod.
    2. 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.
    3. 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.
    4. Manuel Alejandro Cardenete & Ferran Sancho, 2003. "Sensitivity of Simulation Results to Competing SAM Updates," Working Papers 88, Barcelona School of Economics.
    5. 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.
    6. 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.
    7. 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).
    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. John Whalley & Shunming Zhang, 2011. "Tax-induced multiple equilibria," Applied Economics Letters, Taylor & Francis Journals, vol. 18(15), pages 1469-1477.
    10. 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.
    11. 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.
    12. Toda, Alexis Akira & Walsh, Kieran James, 2024. "Recent advances on uniqueness of competitive equilibrium," Journal of Mathematical Economics, Elsevier, vol. 113(C).

  58. 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. 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.
    3. 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.
    4. John Whalley & Shunming Zhang, 2011. "Tax-induced multiple equilibria," Applied Economics Letters, Taylor & Francis Journals, vol. 18(15), pages 1469-1477.
    5. 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.
    6. 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.

  59. 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.
  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. Atolia, Manoj & Kurokawa, Yoshinori, 2016. "The impact of trade margins on the skill premium: Evidence from Mexico," Journal of Policy Modeling, Elsevier, vol. 38(5), pages 895-915.
    2. 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.
    3. 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.
    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.

  61. 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.
  62. 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.
  63. 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.
    2. Toda, Alexis Akira & Walsh, Kieran James, 2024. "Recent advances on uniqueness of competitive equilibrium," Journal of Mathematical Economics, Elsevier, vol. 113(C).

  64. 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. ABDELKHALEK, Touhami & DUFOUR, Jean-Marie, 1997. "Statistical Inference for Computable General Equilibrium Models with Application to a Model of the Moroccan Economy," Cahiers de recherche 9713, Universite de Montreal, Departement de sciences economiques.
    3. Ivar Ekeland & Roger Guesnerie, 2006. "The geometry of global production and factor price equalisation," Working Papers halshs-00589105, HAL.
    4. W D A Bryant, 2009. "General Equilibrium:Theory and Evidence," World Scientific Books, World Scientific Publishing Co. Pte. Ltd., number 6875, March.
    5. Ünveren, Burak & Durmaz, Tunç & Sunal, Seçkin, 2023. "AI revolution and coordination failure: Theory and evidence," Journal of Macroeconomics, Elsevier, vol. 78(C).
    6. Yves Balasko, 2013. "Heckscher-Ohlin explained by Walras," Textos para discussão 610, Department of Economics PUC-Rio (Brazil).
    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. Jouini, Elyes, 1992. "An index theorem for nonconvex production economies," Journal of Economic Theory, Elsevier, vol. 57(1), pages 176-196.
    9. Paul Oslington, 2012. "General Equilibrium: Theory and Evidence," The Economic Record, The Economic Society of Australia, vol. 88(282), pages 446-448, September.

  65. 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. 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).
    2. 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.
    3. Hovhannisyan, Vardges & Bozic, Marin, "undated". "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.
    4. 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.
    5. 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.
    6. 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.
    7. 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.
    8. Manuel Alejandro Cardenete & Ferran Sancho, 2012. "The Role Of Supply Constraints In Multiplier Analysis," Economic Systems Research, Taylor & Francis Journals, vol. 24(1), pages 21-34, June.
    9. 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.
    10. Rodrigo Garcá-Verdú, 2005. "Factor Shares from Household Survey Data," DEGIT Conference Papers c010_057, DEGIT, Dynamics, Economic Growth, and International Trade.
    11. Ball, Sheryl & Feltenstein, Andrew, 2001. "Bank failures and fiscal austerity: policy prescriptions for a developing country," Journal of Public Economics, Elsevier, vol. 82(2), pages 247-270, November.
    12. Kenneth A. Castellanos & Garth Heutel, 2019. "Unemployment, Labor Mobility, and Climate Policy," NBER Working Papers 25797, National Bureau of Economic Research, Inc.
    13. Sang-Wook Stanley Cho & Julián P. Díaz, 2019. "Skill premium divergence: the roles of trade, capital and demographics," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 67(1), pages 249-283, February.
    14. 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.
    15. 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.
    16. 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.
    17. 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.
    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. 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.
    20. James Alm & Keith Finlay, 2012. "Who Benefits from Tax Evasion?," Working Papers 1214, Tulane University, Department of Economics.

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

    Cited by:

    1. 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.
    2. Ekeland, Ivar & Guesnerie, Roger, 2010. "The geometry of global production and factor price equalisation," Journal of Mathematical Economics, Elsevier, vol. 46(5), pages 666-690, September.
    3. 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.
    4. 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.
    5. John Whalley & Shunming Zhang, 2011. "Tax-induced multiple equilibria," Applied Economics Letters, Taylor & Francis Journals, vol. 18(15), pages 1469-1477.
    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. 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. 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.
    9. 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.

  67. 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

  1. Claustre Bajona & Timothy Kehoe, 2010. "Code files for "Trade, Growth, and Convergence in a Dynamic Heckscher-Ohlin Model"," Computer Codes 09-241, Review of Economic Dynamics.
    See citations under working paper version above.Sorry, no citations of software components recorded.

Chapters

  1. Timothy J. Kehoe & Juan Pablo Nicolini & Thomas Sargent, 2022. "A Framework for Studying the Monetary and Fiscal History of Latin America," Book Chapters, in: Timothy J. Kehoe & Juan Pablo Nicolini (ed.), A Monetary and Fiscal History of Latin America, 1960-2017, pages 19-42, University of Minnesota Press.
    See citations under working paper version above.
  2. Timothy J. Kehoe & Carlos Gustavo Machicado Salas & José Peres Cajías, 2022. "The Case of Bolivia," Book Chapters, in: Timothy J. Kehoe & Juan Pablo Nicolini (ed.), A Monetary and Fiscal History of Latin America, 1960-2017, pages 83-125, University of Minnesota Press.
    See citations under working paper version above.
  3. Carlos Esquivel & Timothy J. Kehoe & Juan Pablo Nicolini, 2022. "Lessons from the Monetary and Fiscal History of Latin America," Book Chapters, in: Timothy J. Kehoe & Juan Pablo Nicolini (ed.), A Monetary and Fiscal History of Latin America, 1960-2017, pages 537-565, University of Minnesota Press.
    See citations under working paper version above.
  4. 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.
  5. 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.
  6. 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. 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.
    2. 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.
    3. 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.
    4. Ortigueira, Salvador & Santos, Manuel S., 2001. "Equilibrium Dynamics in a Two-Sector Model with Taxes," Working Papers 01-17, Cornell University, Center for Analytic Economics.

Books

  1. Timothy J. Kehoe & Juan Pablo Nicolini (ed.), 2022. "A Monetary and Fiscal History of Latin America, 1960-2017," Books, University of Minnesota Press, number 1, June.

    Cited by:

    1. Hernandez, Carlos Eduardo & Tovar, Jorge & Caballero/Argáez, Carlos, 2022. "Tunneling when Regulation is Lax: The Colombian Banking Crisis of the 1980s," MPRA Paper 115662, University Library of Munich, Germany.
    2. Francois de Soyres & Ana Maria Santacreu & Henry L. Young, 2022. "Demand-Supply imbalance during the COVID-19 pandemic: The role of fiscal policy," Working Papers 2022-019, Federal Reserve Bank of St. Louis.
    3. Fernández-Villaverde, Jesús & Ventura, Gustavo & Yao, Wen, 2025. "The wealth of working nations," European Economic Review, Elsevier, vol. 173(C).
    4. Alexandre Tombini & Ana Aguilar & Jon Frost & Christian Upper & Fabrizio Zampolli, 2023. "Lessons from 20 years of central banking in the Americas," BIS Papers chapters, in: Bank for International Settlements (ed.), Central banking in the Americas: Lessons from two decades, volume 127, pages 3-20, Bank for International Settlements.
    5. Lucas Ordóñez, 2025. "The Transmission of Supply Shocks to Inflation: the Case of Argentina (2004-2022)," Working Papers 351, Red Nacional de Investigadores en Economía (RedNIE).
    6. Palazzo, Gabriel & Rapetti, Martin & Waldman, Joaquin, 2025. "Stabilization programs in chronic-inflation countries: Evidence from Latin America," MPRA Paper 123716, University Library of Munich, Germany.
    7. Ryan Niladri Banerjee & Valerie Boctor & Aaron Mehrotra & Fabrizio Zampolli, 2023. "Fiscal sources of inflation risk in EMDEs: the role of the external channel," BIS Working Papers 1110, Bank for International Settlements.

  2. Kehoe,Timothy J. & Srinivasan,T. N. & Whalley,John (ed.), 2010. "Frontiers in Applied General Equilibrium Modeling," Cambridge Books, Cambridge University Press, number 9780521153737, January.

    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. 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.
    3. 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).
    4. 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.
    5. 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.
    6. 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.
    7. Gibson, Mark & Graciano, Tim, 2011. "Trade Models with Heterogeneous Firms: What About Importing?," MPRA Paper 33048, University Library of Munich, Germany.
    8. 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.
    9. 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.
    10. 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.
    11. Handley, Kyle, 2012. "Exporting under Trade Policy Uncertainty: Theory and Evidence," Working Papers 634, Research Seminar in International Economics, University of Michigan.
    12. Boeters, Stefan & Savard, Luc, 2011. "The labour market in CGE models," ZEW Discussion Papers 11-079, ZEW - Leibniz Centre for European Economic Research.
    13. 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.
    14. 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.
    15. David P. Brown & Andrew Eckert, 2016. "Electricity Market Mergers with Endogenous Forward Contracting," Working Papers 2016-06, University of Alberta, Department of Economics.
    16. 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.
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    See citations under working paper version above.
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