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Karl T. Whelan

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. Karl Whelan, 2010. "EU Economic Governance: Less Might Work Better Than More," Working Papers 201041, School of Economics, University College Dublin.

    Mentioned in:

    1. Fiscal Rules: Stocks, Flows and All That
      by Karl Whelan in The Irish Economy on 2011-12-09 20:25:40
  2. Karl Whelan, 2012. "ELA, promissory notes and all that : the fiscal costs of Anglo Irish Bank," Working Papers 201206, School of Economics, University College Dublin.

    Mentioned in:

    1. The ECB and Loss-Sharing
      by kwhelan in Karl Whelan on 2012-03-09 00:20:29
    2. The ECB and Bankia
      by kwhelan in Karl Whelan on 2012-05-30 13:45:22
    3. Ireland Debt Negotiations: Not About Interest Rate on Promissory Note
      by kwhelan in Karl Whelan on 2012-07-20 16:37:53
  3. Jeremy Rudd & Karl Whelan, 2007. "Modeling inflation dynamics : a critical review of recent research," Open Access publications 10197/201, School of Economics, University College Dublin.

    Mentioned in:

    1. Potential supply, the output gap and inflation
      by bankunderground in Bank Underground on 2016-01-25 13:30:48
    2. MA Advanced Macroeconomics
      by kwhelan in Karl Whelan on 2012-12-27 22:46:54
  4. Jeremy B. Rudd & Karl Whelan, 2005. "Modelling inflation dynamics: a critical review of recent research," Finance and Economics Discussion Series 2005-66, Board of Governors of the Federal Reserve System (U.S.).

    Mentioned in:

    1. Potential supply, the output gap and inflation
      by bankunderground in Bank Underground on 2016-01-25 13:30:48
    2. MA Advanced Macroeconomics
      by kwhelan in Karl Whelan on 2012-12-27 22:46:54
  5. Karl Whelan, 2009. "The ECB’s role in financial supervision," Working Papers 200915, School of Economics, University College Dublin.

    Mentioned in:

    1. EU Set to Regulate Hedge Funds
      by Karl Whelan in The Irish Economy on 2010-05-17 02:33:54
  6. Rudd, Jeremy & Whelan, Karl, 2002. "Does the Labour Share of Income Drive Inflation?," Research Technical Papers 2/RT/02, Central Bank of Ireland.

    Mentioned in:

    1. Trump’s tirade du jour
      by Bruno Duarte in EUnomics on 2018-09-11 19:43:38
  7. Author Profile
    1. Guest Post: Nicholas Taleb Against Establishment Economists
      by Tyler Durden in Zero Hedge on 2013-05-03 03:35:41
    2. What Is Ireland’s Bank Debt and What Can Be Done About It?
      by kwhelan in Karl Whelan on 2012-06-08 01:46:21
    3. Economists and the Media
      by Karl Whelan in The Irish Economy on 2011-08-26 02:42:52

Wikipedia or ReplicationWiki mentions

(Only mentions on Wikipedia that link back to a page on a RePEc service)
  1. Jeremy Rudd & Karl Whelan, 2006. "Can Rational Expectations Sticky-Price Models Explain Inflation Dynamics?," American Economic Review, American Economic Association, vol. 96(1), pages 303-320, March.

    Mentioned in:

    1. Can Rational Expectations Sticky-Price Models Explain Inflation Dynamics? (AER 2006) in ReplicationWiki ()

Working papers

  1. Whelan, Karl & Hegarty, Tadgh, 2023. "Forecasting Soccer Matches With Betting Odds: A Tale of Two Markets," CEPR Discussion Papers 17949, C.E.P.R. Discussion Papers.

    Cited by:

    1. Whelan, Karl & Hegarty, Tadgh, 2023. "Do Gamblers Understand Complex Bets? Evidence From Asian Handicap Betting on Soccer," CEPR Discussion Papers 18153, C.E.P.R. Discussion Papers.
    2. Whelan, Karl, 2023. "Fortune's Formula or the Road to Ruin? The Generalized Kelly Criterion With Multiple Outcomes," CEPR Discussion Papers 18060, C.E.P.R. Discussion Papers.
    3. Whelan, Karl, 2022. "Risk Aversion and Favorite-Longshot Bias in a Competitive Fixed-Odds Betting Market," CEPR Discussion Papers 17518, C.E.P.R. Discussion Papers.
    4. Hegarty, Tadgh & Whelan, Karl, 2023. "Disagreement and Market Structure in Betting Markets: Theory and Evidence from European Soccer," MPRA Paper 117243, University Library of Munich, Germany.

  2. Whelan, Karl & Hegarty, Tadgh, 2023. "Calculating The Bookmaker's Margin: Why Bets Lose More On Average Than You Are Warned," CEPR Discussion Papers 17948, C.E.P.R. Discussion Papers.

    Cited by:

    1. Whelan, Karl & Hegarty, Tadgh, 2023. "Forecasting Soccer Matches With Betting Odds: A Tale of Two Markets," MPRA Paper 116925, University Library of Munich, Germany.
    2. David Winkelmann & Marius Ötting & Christian Deutscher & Tomasz Makarewicz, 2024. "Are Betting Markets Inefficient? Evidence From Simulations and Real Data," Journal of Sports Economics, , vol. 25(1), pages 54-97, January.

  3. Whelan, Karl, 2022. "The Past, Present and Future of Euro Area Monetary-Fiscal Interactions," CEPR Discussion Papers 17021, C.E.P.R. Discussion Papers.

    Cited by:

    1. 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.

  4. Whelan, Karl, 2021. "Central Banks and Inflation: Where Do We Stand and How Did We Get Here?," CEPR Discussion Papers 16557, C.E.P.R. Discussion Papers.

    Cited by:

    1. Siekmann, Helmut, 2022. "Inflation, price stability, and monetary policy: On the legality of inflation targeting by the Eurosystem," IMFS Working Paper Series 172, Goethe University Frankfurt, Institute for Monetary and Financial Stability (IMFS).
    2. Jonung, Lars, 2022. "The Problems of Inflation Targeting Originate in the Monetary Theory of Knut Wicksell," Working Papers 2022:8, Lund University, Department of Economics.

  5. Whelan, Karl & Ryan, Ellen, 2021. "A Model of QE, Reserve Demand and the Money Multiplier," CEPR Discussion Papers 15882, C.E.P.R. Discussion Papers.

    Cited by:

    1. Albertus Prabu Siagian, 2023. "A Mathematical Approach to the Money Multiplier Analysis on Indonesian 1997–1998 Monetary Crisis," Economics and Finance in Indonesia, Faculty of Economics and Business, University of Indonesia, vol. 69, pages 47-66, Juni.

  6. Karl Whelan, 2019. "The Euro at 20: Successes, Problems, Progress and Threats," Working Papers 201914, School of Economics, University College Dublin.

    Cited by:

    1. Helmut K. Anheier & Alexandru Filip, 2021. "The Dahrendorf Quandary, Crisis Severity, and Country Performance," Global Policy, London School of Economics and Political Science, vol. 12(3), pages 298-312, May.
    2. Milan Deskar-Škrbić & Davor Kunovac, 2020. "Twentieth Anniversary of the Euro: Why are Some Countries Still Not Willing to Join? Economists’ View," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 62(2), pages 242-262, June.
    3. Philip R. Lane, 2021. "The Resilience of the Euro," Journal of Economic Perspectives, American Economic Association, vol. 35(2), pages 3-22, Spring.

  7. Ryan, Ellen & Whelan, Karl, 2019. "Quantitative Easing and the Hot Potato Effect: Evidence from Euro Area Banks," Research Technical Papers 1/RT/19, Central Bank of Ireland.

    Cited by:

    1. Gambacorta, Leonardo & Dautović, Ernest & Reghezza, Alessio, 2023. "Supervisory Policy Stimulus: Evidence from the Euro Area Dividend Recommendation," CEPR Discussion Papers 18175, C.E.P.R. Discussion Papers.
    2. Supriya Kapoor & Oana Peia, 2020. "The Impact of Quantitative Easing on Liquidity Creation," Working Papers 202009, School of Economics, University College Dublin.
    3. Ellen Ryan & Karl Whelan, 2021. "A Model of QE, Reserve Demand and the Money Multiplier," Working Papers 202107, School of Economics, University College Dublin.
    4. Karl Whelan, 2019. "The Euro at 20: Successes, Problems, Progress and Threats," The Economic and Social Review, Economic and Social Studies, vol. 50(4), pages 725-750.
    5. Fegatelli, Paolo, 2022. "A central bank digital currency in a heterogeneous monetary union: Managing the effects on the bank lending channel," Journal of Macroeconomics, Elsevier, vol. 71(C).
    6. Cawley, Cormac & Finnegan, Marie, 2019. "Transmission channels of central bank asset purchases in the Irish economy," MPRA Paper 96547, University Library of Munich, Germany.
    7. Philipp Roderweis & Jamel Saadaoui & Francisco Serranito, 2023. "Is Quantitative Easing Productive? The Role of Bank Lending in the Monetary Transmission Process," Working Papers hal-04159825, HAL.
    8. Andrejs Zlobins, 2023. "Is There a Portfolio Rebalancing Channel of QE in Latvia?," Working Papers 2023/05, Latvijas Banka.
    9. Philipp Roderweis & Jamel Saadaoui & Francisco Serranito, 2023. "The Unintended Consequences of ECB’s Asset Purchases. How Excess Reserves Shape Bank Lending," Working Papers of BETA 2023-34, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    10. Baldo, Luca & Heider, Florian & Hoffmann, Peter & Sigaux, Jean-David & Vergote, Olivier, 2022. "How do banks manage liquidity? Evidence from the ECB’s tiering experiment," Working Paper Series 2732, European Central Bank.
    11. Joscha Beckmann & Klaus-Jürgen Gern & Nils Jannsen, 2022. "Should they stay or should they go? Negative interest rate policies under review," International Economics and Economic Policy, Springer, vol. 19(4), pages 885-912, October.
    12. Miglietta, Arianna & Picillo, Cristina & Pietrunti, Mario, 2019. "The impact of margin policies on the Italian repo market," The North American Journal of Economics and Finance, Elsevier, vol. 50(C).
    13. Codogno, Lorenzo & van den Noord, Paul, 2021. "Going fiscal? A stylised model with fiscal capacity and a safe asset in the Eurozone," LSE Research Online Documents on Economics 114477, London School of Economics and Political Science, LSE Library.
    14. George Economides & Dimitris Papageorgiou & Apostolis Philippopoulos, 2020. "Macroeconomic Policy Lessons for Greece from the Debt Crisis," CESifo Working Paper Series 8188, CESifo.
    15. Selva Demiralp & Jens Eisenschmidt & Thomas Vlassopoulos, 2021. "Negative interest rates, excess liquidity and retail deposits: Banks’ reaction to unconventional monetary policy in the euro area," Koç University-TUSIAD Economic Research Forum Working Papers 1910, Koc University-TUSIAD Economic Research Forum.
    16. Hoffmann, Peter & Sigaux, Jean-David, 2020. "Determinants of excess reserve holdings," Economics Letters, Elsevier, vol. 195(C).
    17. Boucinha, Miguel & Burlon, Lorenzo & Corsi, Marco & della Valle, Guido & Eisenschmidt, Jens & Pool, Sebastiaan & Schumacher, Julian & Vergote, Olivier & Marmara, Iwona, 2022. "Two-tier system for remunerating excess reserve holdings," Occasional Paper Series 302, European Central Bank.
    18. Cormac Cawley & Marie Finnegan, 2019. "Transmission Channels of Central Bank Asset Purchases in the Irish Economy," Economies, MDPI, vol. 7(4), pages 1-25, September.
    19. Andrejs Zlobins, 2022. "Into the Universe of Unconventional Monetary Policy: State-dependence, Interaction and Complementarities," Working Papers 2022/05, Latvijas Banka.
    20. Metzger, Martina & Young, Brigitte, 2020. "No gender please, we're central bankers: Distributional impacts of quantitative easing," IPE Working Papers 136/2020, Berlin School of Economics and Law, Institute for International Political Economy (IPE).

  8. Karl Whelan, 2016. "Banking Union and the ECB as Lender of Last Resort," Working Papers 201609, School of Economics, University College Dublin.

    Cited by:

    1. Martin Hellwig, 2019. "Target-Falle oder Empörungsfalle? – Zur deutschen Diskussion um die Europäische Währungsunion," Discussion Paper Series of the Max Planck Institute for Research on Collective Goods 2019_05, Max Planck Institute for Research on Collective Goods.
    2. Karl Whelan, 2019. "The Euro at 20: Successes, Problems, Progress and Threats," The Economic and Social Review, Economic and Social Studies, vol. 50(4), pages 725-750.
    3. Nina Eichacker, 2022. "Institutional constraints, liquidity provision, and endogenous money in the Eurozone core and periphery before and after crises: A preliminary comparison of the Eurozone Crisis and the Coronavirus Pan," PSL Quarterly Review, Economia civile, vol. 75(303), pages 403-424.

  9. McQuinn, Kieran & Whelan, Karl, 2015. "Europe's Long-Term Growth Prospects: With and Without Structural Reforms," Papers WP501, Economic and Social Research Institute (ESRI).

    Cited by:

    1. Yu-Fu Chen & Michael Funke, 2017. "Greece’s Three-Act Tragedy: A Simple Model of Grexit vs. Staying Afloat inside the Single Currency Area," Open Economies Review, Springer, vol. 28(2), pages 297-318, April.
    2. Duffy, David & Foley, Daniel & McQuinn, Kieran, 2016. "Cross Country Residential Investment Rates and the Implications for the Irish Housing Market," Quarterly Economic Commentary: Special Articles, Economic and Social Research Institute (ESRI).
    3. Christopher L. House & Linda L. Tesar, 2015. "Greek Budget Realities: No Easy Option," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 46(2 (Fall)), pages 329-347.
    4. Ricardo Reis, 2015. "Looking for a Success in the Euro Crisis Adjustment Programs: The Case of Portugal," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 46(2 (Fall)), pages 433-458.

  10. Karl Whelan, 2013. "Ireland’s economic crisis the good, the bad and the ugly," Special Conference Papers 19, Bank of Greece.

    Cited by:

    1. Ahuja, Rishi & Barrett, Sean & Corbet, Shaen & Larkin, Charles, 2019. "A way forward: The future of Irish and European union financial regulation," Economic Analysis and Policy, Elsevier, vol. 64(C), pages 346-360.
    2. Philippe Martin & Thomas Philippon, 2014. "Inspecting the Mechanism: Leverage and the Great Recession in the Eurozone," NBER Working Papers 20572, National Bureau of Economic Research, Inc.
    3. Michael Chui & Anamaria Illes & Christian Upper, 2018. "Mortgages, developers and property prices," BIS Quarterly Review, Bank for International Settlements, March.
    4. Maria Jose Doval Tedin & Violaine Faubert, 2020. "Housing Affordability in Ireland," European Economy - Economic Briefs 061, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    5. McQuinn, Kieran & O'Toole, Conor & Allen-Coghlan, Matthew & Coffey, Cathal, 2020. "Quarterly Economic Commentary, Winter 2020," Forecasting Report, Economic and Social Research Institute (ESRI), number QEC2020WIN, June.
    6. Daniela, Harangus, 2019. "Romanian Banking Industry In The Global Context," Management Strategies Journal, Constantin Brancoveanu University, vol. 45(3), pages 77-83.
    7. Philip R. Lane, 2014. "International Financial Flows and the Irish Crisis," The Institute for International Integration Studies Discussion Paper Series iiisdp444, IIIS.
    8. McQuinn, Kieran & Varthalitis, Petros, 2018. "How openness to trade rescued the Irish economy," MPRA Paper 90416, University Library of Munich, Germany.
    9. Barry Frank, 2017. "The Central Bank’s harmonised competitiveness indicators: Users beware," Administration, Sciendo, vol. 65(4), pages 73-82, December.
    10. Frank Barry & Adele Bergin, 2019. "Export Structure, FDI and the Rapidity of Ireland’s Recovery from Crisis," The Economic and Social Review, Economic and Social Studies, vol. 50(4), pages 707-724.
    11. Nicholas Crafts, 2014. "Ireland’s Medium-Term Growth Prospects: a Phoenix Rising?," The Economic and Social Review, Economic and Social Studies, vol. 45(1), pages 87-112.
    12. Varthalitis, Petros, 2019. "FIR-GEM: A SOE-DSGE Model for fiscal policy analysis in Ireland," Papers WP620, Economic and Social Research Institute (ESRI).
    13. Sofronis Clerides, 2014. "The Collapse of the Cypriot Banking System: A Bird’s Eye View," Cyprus Economic Policy Review, University of Cyprus, Economics Research Centre, vol. 8(2), pages 3-35, December.
    14. Wildmer Daniel Gregori & Wildmer Agnese Sacchi, 2016. "Has the Grexit news spilled over into euro area financial markets? The role of domestic political leaders, supranational executives and institutions," Mo.Fi.R. Working Papers 134, Money and Finance Research group (Mo.Fi.R.) - Univ. Politecnica Marche - Dept. Economic and Social Sciences.
    15. Kostarakos, Ilias & McQuinn, Kieran & Varthalitis, Petros, 2022. "Is Ireland the most Intangible Intensive Economy in Europe? A Growth Accounting Perspective," Papers WP719, Economic and Social Research Institute (ESRI).
    16. MacCarthaigh Muiris, 2017. "Reforming the Irish public service: A multiple streams perspective," Administration, Sciendo, vol. 65(2), pages 145-164, May.
    17. Kate Ivory & Eddie Casey & Niall Conroy, 2020. "Ireland’s Fiscal Spending Multipliers," The Economic and Social Review, Economic and Social Studies, vol. 51(1), pages 133-172.
    18. Cathal O’Donoghue & Jason Loughrey & Denisa M. Sologon, 2018. "Decomposing the Drivers of Changes in Inequality During the Great Recession in Ireland using the Fields Approach," The Economic and Social Review, Economic and Social Studies, vol. 49(2), pages 173-200.
    19. Aidan Regan & Samuel Brazys, 2017. "Celtic phoenix or leprechaun economics? The politics of an FDI led growth model in Europe," Working Papers 201701, Geary Institute, University College Dublin.
    20. Kanika Kapur, 2020. "Private Health Insurance in Ireland: Trends and Determinants," The Economic and Social Review, Economic and Social Studies, vol. 51(1), pages 63-92.
    21. Bartkus Algirdas, 2016. "A New Model with Regime Switching Errors: Forecasting Gdp in Times of Great Recession," Ekonomika (Economics), Sciendo, vol. 95(2), pages 7-29, February.
    22. Batavia, Bala & Nandakumar, Parameswar, 2016. "Did EMU membership cause the “Dutch disease” in the PIGS nations?," Global Finance Journal, Elsevier, vol. 31(C), pages 31-41.
    23. Zhao Zhang & Niamh Moore-Cherry & Declan Redmond, 2018. "A Crisis of Crisis Management? Evaluating Post-2010 Housing Restructuring in Nanjing, China," Housing Policy Debate, Taylor & Francis Journals, vol. 28(1), pages 29-49, January.
    24. Harrison, Richard & Li, Youwei & Vigne, Samuel A. & Wu, Yuliang, 2022. "Why do small businesses have difficulty in accessing bank financing?," International Review of Financial Analysis, Elsevier, vol. 84(C).
    25. Honohan, Patrick, 2016. "Debt and austerity: Post-crisis lessons from Ireland," Journal of Financial Stability, Elsevier, vol. 24(C), pages 149-157.
    26. Yu Hsing, 2016. "Is Real Depreciation Expansionary? The Case of Ireland," Bulletin of Applied Economics, Risk Market Journals, vol. 3(1), pages 1-9.
    27. Badarau, Cristina & Huart, Florence & Sangaré, Ibrahima, 2021. "Macroeconomic and policy implications of eurobonds," International Review of Law and Economics, Elsevier, vol. 65(C).
    28. Varthalitis, Petros & Allen-Coghlan, Matthew, 2020. "Comparing two recessions in Ireland: Global financial crisis vs COVID-19," Research Notes RN20200401, Economic and Social Research Institute (ESRI).
    29. Richard Chamboko & Jorge Miguel Bravo, 2020. "A Multi-State Approach to Modelling Intermediate Events and Multiple Mortgage Loan Outcomes," Risks, MDPI, vol. 8(2), pages 1-29, June.
    30. Gregori, Wildmer Daniel & Sacchi, Agnese, 2019. "Has the Grexit news affected euro area financial markets?," The North American Journal of Economics and Finance, Elsevier, vol. 49(C), pages 71-84.
    31. Jamie Jordan & Vincenzo Maccarrone & Roland Erne, 2021. "Towards a Socialization of the EU's New Economic Governance Regime? EU Labour Policy Interventions in Germany, Ireland, Italy and Romania (2009–2019)," British Journal of Industrial Relations, London School of Economics, vol. 59(1), pages 191-213, March.

  11. Karl Whelan, 2013. "Sovereign Default and the Euro," Working Papers 201309, School of Economics, University College Dublin.

    Cited by:

    1. Whelan, Karl, 2022. "The Past, Present and Future of Euro Area Monetary-Fiscal Interactions," CEPR Discussion Papers 17021, C.E.P.R. Discussion Papers.
    2. Peter Spahn, 2016. "Central Bank Design in a Non-optimal Currency Union A Lender of Last Resort for Government Debt?," ROME Working Papers 201610, ROME Network.
    3. Aidan Regan, 2014. "What Explains Ireland’s Fragile Recovery from the Crisis? The Politics of Comparative Institutional Advantage," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 15(02), pages 26-31, April.
    4. Sergio Cesaratto, 2014. "Balance of payments or monetary sovereignty? In search of the EMU’s original sin – a reply to Lavoie," a/ Working Papers Series 1406, Italian Association for the Study of Economic Asymmetries, Rome (Italy).
    5. Peter Spahn, 2013. "Competitiveness, Adjustment and Macroeconomic Risk Management in the Eurozone," ROME Working Papers 201316, ROME Network.
    6. Kliber, Agata & Płuciennik, Piotr, 2017. "Euro or not? Vulnerability of Czech and Slovak economies to regional and international turmoil," Economic Modelling, Elsevier, vol. 60(C), pages 313-323.

  12. Conefrey, Thomas & Whelan, Karl, 2012. "Supply, Demand and Prices in the US Housing Market," Research Technical Papers 08/RT/12, Central Bank of Ireland.

    Cited by:

    1. Lozano Navarro, Francisco-Javier, 2015. "Elasticidad precio de la oferta inmobiliaria en el Gran Santiago [Housing supply elasticity in Greater Santiago]," MPRA Paper 65012, University Library of Munich, Germany.

  13. Karl Whelan, 2012. "TARGET2 and Central Bank Balance Sheets," Working Papers 201229, School of Economics, University College Dublin.

    Cited by:

    1. Moro, Beniamino, 2019. "Interpreting TARGET balances in the European Monetary Union: A critical review of the literature," The North American Journal of Economics and Finance, Elsevier, vol. 50(C).
    2. Martin Hellwig, 2019. "Target-Falle oder Empörungsfalle? – Zur deutschen Diskussion um die Europäische Währungsunion," Discussion Paper Series of the Max Planck Institute for Research on Collective Goods 2019_05, Max Planck Institute for Research on Collective Goods.
    3. Xuan Wang, 2019. "When Do Currency Unions Benefit From Default ?," 2019 Papers pwa938, Job Market Papers.
    4. Alberto Cardaci & Francesco Saraceno, 2017. "Inequality and Imbalances: a Monetary Union Agent-Based Model," Working Papers hal-03455341, HAL.
    5. E. Mengus, 2014. "International Bailouts: Why Did Banks' Collective Bet Lead Europe to Rescue Greece?," Working papers 502, Banque de France.
    6. Pitsoulis, Athanassios & Schwuchow, Soeren C., 2017. "Holding out for a better deal: Brinkmanship in the Greek bailout negotiations," European Journal of Political Economy, Elsevier, vol. 48(C), pages 40-53.
    7. Demian Macedo & Victor Troster, 2021. "Liquidity shocks and interbank market failures: the role of deposit flights, non-performing loans, and competition," Journal of Economic Interaction and Coordination, Springer;Society for Economic Science with Heterogeneous Interacting Agents, vol. 16(4), pages 705-746, October.
    8. George Economides & Dimitris Papageorgiou & Apostolis Philippopoulos, 2020. "Macroeconomic policy lessons for Greece," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 152, Hellenic Observatory, LSE.
    9. Dimakopoulou, Vasiliki & Economides, George & Philippopoulos, Apostolis, 2022. "The ECB's policy, the Recovery Fund and the importance of trust and fiscal corrections: The case of Greece," Economic Modelling, Elsevier, vol. 112(C).
    10. Hans-Werner Sinn, 2019. "Der Streit um die Targetsalden - Kommentar zu Martin Hellwigs Artikel “Target-Falle oder Empörungsfalle?”," ifo Working Paper Series 316, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
    11. George Economides & Dimitris Papageorgiou & Apostolis Philippopoulos, 2021. "Austerity, Assistance and Institutions: Lessons from the Greek Sovereign Debt Crisis," Open Economies Review, Springer, vol. 32(3), pages 435-478, July.
    12. Wollmershäuser, Timo, 2018. "Capital Flows in the Euro Area and TARGET2 Balances," VfS Annual Conference 2018 (Freiburg, Breisgau): Digital Economy 181648, Verein für Socialpolitik / German Economic Association.
    13. Eisenschmidt, Jens & Kedan, Danielle & Schmitz, Martin, 2022. "Euro area monetary policy and TARGET balances: a trilogy," Working Paper Series 2750, European Central Bank.
    14. Astarita, Caterina & Purificato, Francesco, 2013. "TARGET2 imbalances and the need for a lender of last resort," MPRA Paper 51124, University Library of Munich, Germany.
    15. Ethan Ilzetzki & Carmen M. Reinhart & Kenneth S. Rogoff, 2020. "Why Is the Euro Punching Below Its Weight?," NBER Working Papers 26760, National Bureau of Economic Research, Inc.
    16. Vari, Miklos, 2015. "Implementing Monetary Policy in a Fragmented Monetary Union," CEPREMAP Working Papers (Docweb) 1516, CEPREMAP.
    17. Marco Bassetto & Gherardo Gennaro Caracciolo, 2021. "Monetary/Fiscal Interactions with Forty Budget Constraints," Working Papers 788, Federal Reserve Bank of Minneapolis.
    18. Alberto Cardaci & Francesco Saraceno, 2017. "Inequality and Imbalances : a Monetary Union Agent-Based Model," Documents de Travail de l'OFCE 2017-30, Observatoire Francais des Conjonctures Economiques (OFCE).
    19. Philippine Cour-Thimann, 2013. "CESifo Forum Special Issue April 2013: Target Balances and the Crisis in the Euro Area," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 0(1), pages 05-50, May.
    20. Clemens Fuest & Hans-Werner Sinn, 2018. "Target Risks without Euro Exits," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 19(04), pages 36-45, December.
    21. Pablo G. Bortz, 2015. "The Greek "Rescue": Where Did the Money Go? An Analysis," Working Papers Series 29, Institute for New Economic Thinking.
    22. Nina Eichacker, 2022. "Institutional constraints, liquidity provision, and endogenous money in the Eurozone core and periphery before and after crises: A preliminary comparison of the Eurozone Crisis and the Coronavirus Pan," PSL Quarterly Review, Economia civile, vol. 75(303), pages 403-424.
    23. Constantin ANGHELACHE & Madalina Gabriela ANGHEL & Marius POPOVICI, 2016. "Financial-monetary analysis model," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 64(7), pages 19-23, July.
    24. Yin-Wong Cheung & Sven Steinkamp & Frank Westermann, 2019. "Capital Flight to Germany: Two Alternative Measures," IEER Working Papers 115, Institute of Empirical Economic Research, Osnabrueck University.
    25. Bettendorf, Timo & Jochem, Axel, 2021. "What drives the German TARGET balances? Evidence from a BVAR approach," Discussion Papers 12/2021, Deutsche Bundesbank.
    26. Alberto Cardaci & Francesco Saraceno, 2017. "Inequality and Imbalances: a Monetary Union Agent-Based Model," SciencePo Working papers Main hal-03455341, HAL.
    27. Philip R. Lane, 2019. "Macrofinancial Stability and the Euro," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 67(3), pages 424-442, September.
    28. Karsten Kohler, 2022. "Capital Flows and the Eurozone's North-South Divide," Working Papers PKWP2211, Post Keynesian Economics Society (PKES).
    29. George Economides & Dimitris Papageorgiou & Apostolis Philippopoulos, 2020. "Macroeconomic Policy Lessons for Greece from the Debt Crisis," CESifo Working Paper Series 8188, CESifo.
    30. Vasiliki Dimakopoulou & George Economides & Apostolis Philippopoulos, 2021. "The ECB's Policy, the Recovery Fund and the Importance of Trust: The Case of Greece," CESifo Working Paper Series 9371, CESifo.
    31. Fagan, Gabriel & McNelis, Paul D., 2020. "Sudden stops in the Euro Area: Does monetary union matter?," Journal of International Money and Finance, Elsevier, vol. 108(C).
    32. Xuan Wang, 2021. "Bankruptcy Codes and Risk Sharing of Currency Unions," Tinbergen Institute Discussion Papers 21-009/IV, Tinbergen Institute.
    33. Sørensen, Bent E & Hoffmann, Mathias & Maslov, Egor & Stewen, Iryna, 2018. "Are Banking and Capital Markets Union Complements? Evidence from Channels of Risk Sharing in the Eurozone," CEPR Discussion Papers 13254, C.E.P.R. Discussion Papers.
    34. Gabriel Fagan & Paul McNelis, 2014. "TARGET Balances and Macroeconomic Adjustment to Sudden Stops in the Euro Area," The Institute for International Integration Studies Discussion Paper Series iiisdp465, IIIS, revised Dec 2014.
    35. Mathias Hoffmann & Egor Maslov & Bent E. Sørensen & Iryna Stewen, 2019. "Channels of Risk Sharing in the Eurozone: What Can Banking and Capital Market Union Achieve?," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 67(3), pages 443-495, September.
    36. Jessica Reale, 2022. "Interbank market and funding liquidity risk in a stock‐flow consistent model," Metroeconomica, Wiley Blackwell, vol. 73(3), pages 734-769, July.
    37. Francesco Purificato & Caterina Astarita, 2015. "TARGET2 Imbalances and the ECB as Lender of Last Resort," IJFS, MDPI, vol. 3(4), pages 1-28, October.
    38. Pavel Knotek, 2016. "Imbalances in payment system TARGET2 - background, reasons and solutions [Nerovnováhy v platebním systému TARGET2 - vznik, příčiny a řešení]," Současná Evropa, Prague University of Economics and Business, vol. 2016(2), pages 24-37.

  14. Karl Whelan, 2012. "ELA, promissory notes and all that : the fiscal costs of Anglo Irish Bank," Working Papers 201206, School of Economics, University College Dublin.

    Cited by:

    1. Whelan, Karl, 2014. "Ireland’s Economic Crisis: The Good, the Bad and the Ugly," Journal of Macroeconomics, Elsevier, vol. 39(PB), pages 424-440.
    2. David Greenlaw & James D. Hamilton & Peter Hooper & Frederic S. Mishkin, 2013. "Crunch Time: Fiscal Crises and the Role of Monetary Policy," NBER Working Papers 19297, National Bureau of Economic Research, Inc.
    3. Dübel, Achim, 2013. "The capital structure of banks and practice of bank restructuring," CFS Working Paper Series 2013/04, Center for Financial Studies (CFS).
    4. Jörg Bibow, 2015. "The euro's savior? Assessing the ECB's crisis management performance and potential for crisis resolution," IMK Studies 42-2015, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
    5. Wollmershäuser, Timo, 2018. "Capital Flows in the Euro Area and TARGET2 Balances," VfS Annual Conference 2018 (Freiburg, Breisgau): Digital Economy 181648, Verein für Socialpolitik / German Economic Association.
    6. Jean Pisani-Ferry & André Sapir & Guntram B. Wolff, . "EU-IMF assistance to euro area countries- an early assessment," Blueprints, Bruegel, number 779, December.
    7. Niamh Hardiman & Joaquim Filipe Araújo & Muiris MacCarthaigh & Calliope Spanou, 2017. "The Troika’s variations on a trio: Why the loan programmes worked so differently in Greece, Ireland, and Portugal," Working Papers 201711, Geary Institute, University College Dublin.
    8. Timmer , Yannick, 2015. "TARGET2 balances and the adjustment of capital flows in the Euro area," European Economic Letters, European Economics Letters Group, vol. 4(1), pages 15-19.
    9. Sebastian Dellepiane & Niamh Hardiman, 2013. "The politics of fiscal effort in Spain and Ireland: Market credibility versus political legitimacy," Working Papers 201321, Geary Institute, University College Dublin.
    10. Gregory Connor & Thomas Flavin & Brian O'Kelly, 2015. "Restructuring and Recovery of the Irish Financial Sector: An Economic Case History V2," Economics Department Working Paper Series n259-15.pdf, Department of Economics, National University of Ireland - Maynooth.

  15. Karl Whelan, 2011. "Ireland’s Sovereign Debt Crisis," Working Papers 201109, School of Economics, University College Dublin.

    Cited by:

    1. Gärtner, Manfred & Griesbach, Björn & Mennillo, Giulia, 2013. "The near-death experience of the Celtic Tiger: a model-driven narrative from the European sovereign debt crisis," Economics Working Paper Series 1321, University of St. Gallen, School of Economics and Political Science.
    2. Batavia, Bala & Nandakumar, Parameswar & Wague, Cheick, 2013. "Export stagnation and budget deficits in the peripheral EU nations with EMU membership," The Journal of Economic Asymmetries, Elsevier, vol. 10(2), pages 94-100.
    3. Ngai, Victor, 2012. "Stability and Growth Pact and Fiscal Discipline in the Eurozone," Working Papers 12-10, University of Pennsylvania, Wharton School, Weiss Center.
    4. Pomfret, Richard, 2014. "European crises and the Asian economies," Journal of Asian Economics, Elsevier, vol. 31, pages 71-81.
    5. van Bekkum, Sjoerd, 2016. "Ireland’s 2010 EU/IMF intervention: Costs and benefits," Journal of Banking & Finance, Elsevier, vol. 72(C), pages 175-183.
    6. Niamh Hardiman, 2013. "Rethinking the political economy of fiscal consolidation in two recessions in Ireland," Working Papers 201316, Geary Institute, University College Dublin.

  16. D'Agostino, Antonello & McQuinn, Kieran & Whelan, Karl, 2010. "Are Some Forecasters Really Better Than Others?," Research Technical Papers 5/RT/10, Central Bank of Ireland.

    Cited by:

    1. Magdalena Grothe & Aidan Meyler, 2018. "Inflation Forecasts: Are Market-Based and Survey-Based Measures Informative?," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 9(1), pages 171-188, January.
    2. Michael P. Clements, 2022. "Forecaster Efficiency, Accuracy, and Disagreement: Evidence Using Individual‐Level Survey Data," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 54(2-3), pages 537-568, March.
    3. Clements, Michael P., 2012. "Subjective and Ex Post Forecast Uncertainty: US Inflation and Output Growth," Economic Research Papers 270629, University of Warwick - Department of Economics.
    4. Fabiana Gomez & David Pacini, 2015. "Counting Biased Forecasters: An Application of Multiple Testing Techniques," Bristol Economics Discussion Papers 15/661, School of Economics, University of Bristol, UK.
    5. Nathan Goldstein & Ben‐Zion Zilberfarb, 2023. "The closer we get, the better we are?," Economic Inquiry, Western Economic Association International, vol. 61(2), pages 364-376, April.
    6. Constantin Rudolf Salomo Bürgi, 2023. "How to deal with missing observations in surveys of professional forecasters," Journal of Applied Economics, Taylor & Francis Journals, vol. 26(1), pages 2185975-218, December.
    7. Geoff Kenny & Thomas Kostka & Federico Masera, 2015. "Density characteristics and density forecast performance: a panel analysis," Empirical Economics, Springer, vol. 48(3), pages 1203-1231, May.
    8. Gamber, Edward N. & Liebner, Jeffrey P. & Smith, Julie K., 2015. "The distribution of inflation forecast errors," Journal of Policy Modeling, Elsevier, vol. 37(1), pages 47-64.
    9. Campbell R. Harvey & Yan Liu, 2022. "Luck versus Skill in the Cross Section of Mutual Fund Returns: Reexamining the Evidence," Journal of Finance, American Finance Association, vol. 77(3), pages 1921-1966, June.
    10. Meade, Nigel & Driver, Ciaran, 2023. "Differing behaviours of forecasters of UK GDP growth," International Journal of Forecasting, Elsevier, vol. 39(2), pages 772-790.
    11. Robert W. Rich & Joseph Tracy, 2017. "The behavior of uncertainty and disagreement and their roles in economic prediction: a panel analysis," Staff Reports 808, Federal Reserve Bank of New York.
    12. Baumann, Ursel & Darracq Pariès, Matthieu & Westermann, Thomas & Riggi, Marianna & Bobeica, Elena & Meyler, Aidan & Böninghausen, Benjamin & Fritzer, Friedrich & Trezzi, Riccardo & Jonckheere, Jana & , 2021. "Inflation expectations and their role in Eurosystem forecasting," Occasional Paper Series 264, European Central Bank.
    13. Tito Nícias Teixeira da Silva Filho, 2013. "Banks, Asset Management or Consultancies' Inflation Forecasts: is there a better forecaster out there?," Working Papers Series 310, Central Bank of Brazil, Research Department.
    14. Cem Cakmakli & Hamza Demircan, 2020. "Using Survey Information for Improving the Density Nowcasting of US GDP with a Focus on Predictive Performance during Covid-19 Pandemic," Koç University-TUSIAD Economic Research Forum Working Papers 2016, Koc University-TUSIAD Economic Research Forum.
    15. Michael P. Clements, 2022. "Individual forecaster perceptions of the persistence of shocks to GDP," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 37(3), pages 640-656, April.
    16. Robert W. Rich & Joseph Song & Joseph Tracy, 2012. "The measurement and behavior of uncertainty: evidence from the ECB Survey of Professional Forecasters," Staff Reports 588, Federal Reserve Bank of New York.
    17. Tim Köhler & Jörg Döpke, 2023. "Will the last be the first? Ranking German macroeconomic forecasters based on different criteria," Empirical Economics, Springer, vol. 64(2), pages 797-832, February.
    18. Clements, Michael P., 2021. "Rounding behaviour of professional macro-forecasters," International Journal of Forecasting, Elsevier, vol. 37(4), pages 1614-1631.
    19. Schnatz, Bernd & D'Agostino, Antonello, 2012. "Survey-based nowcasting of US growth: a real-time forecast comparison over more than 40 years," Working Paper Series 1455, European Central Bank.
    20. Klein, Tony, 2022. "Agree to disagree? Predictions of U.S. nonfarm payroll changes between 2008 and 2020 and the impact of the COVID19 labor shock," Journal of Economic Behavior & Organization, Elsevier, vol. 194(C), pages 264-286.
    21. Meyler, Aidan, 2020. "Forecast performance in the ECB SPF: ability or chance?," Working Paper Series 2371, European Central Bank.
    22. Campbell R. Harvey & Yan Liu, 2020. "False (and Missed) Discoveries in Financial Economics," Journal of Finance, American Finance Association, vol. 75(5), pages 2503-2553, October.
    23. Constantin Burgi, 2015. "Can A Subset Of Forecasters Beat The Simple Average In The Spf?," Working Papers 2015-001, The George Washington University, Department of Economics, H. O. Stekler Research Program on Forecasting.
    24. Constantin Bürgi & Tara M. Sinclair, 2015. "A Nonparametric Approach to Identifying a Subset of Forecasters that Outperforms the Simple Average," Working Papers 2015-006, The George Washington University, Department of Economics, H. O. Stekler Research Program on Forecasting.
    25. Klein, Tony, 2021. "Agree to Disagree? Predictions of U.S. Nonfarm Payroll Changes between 2008 and 2020 and the Impact of the COVID19 Labor Shock," QBS Working Paper Series 2021/07, Queen's University Belfast, Queen's Business School.
    26. Michael Clements, 2016. "Are Macro-Forecasters Essentially The Same? An Analysis of Disagreement, Accuracy and Efficiency," ICMA Centre Discussion Papers in Finance icma-dp2016-08, Henley Business School, University of Reading.
    27. Robert W. Rich & Joseph Tracy, 2021. "All Forecasters Are Not the Same: Time-Varying Predictive Ability across Forecast Environments," Working Papers 21-06, Federal Reserve Bank of Cleveland.
    28. Michael P. Clements, 2020. "Do Survey Joiners and Leavers Differ from Regular Participants? The US SPF GDP Growth and Inflation Forecasts," ICMA Centre Discussion Papers in Finance icma-dp2020-01, Henley Business School, University of Reading.
    29. Geoff Kenny & Thomas Kostka & Federico Masera, 2015. "Can Macroeconomists Forecast Risk? Event-Based Evidence from the Euro-Area SPF," International Journal of Central Banking, International Journal of Central Banking, vol. 11(4), pages 1-46, December.
    30. Krüger, Fabian & Nolte, Ingmar, 2016. "Disagreement versus uncertainty: Evidence from distribution forecasts," Journal of Banking & Finance, Elsevier, vol. 72(S), pages 172-186.
    31. Campbell R. Harvey & Yan Liu, 2020. "False (and Missed) Discoveries in Financial Economics," Papers 2006.04269, arXiv.org.
    32. Michael P. Clements, 2020. "Are Some Forecasters’ Probability Assessments of Macro Variables Better Than Those of Others?," Econometrics, MDPI, vol. 8(2), pages 1-16, May.

  17. Karl Whelan, 2010. "EU Economic Governance: Less Might Work Better Than More," Working Papers 201041, School of Economics, University College Dublin.

    Cited by:

    1. Boysen-Hogrefe, Jens & Gern, Klaus-Jürgen & Groll, Dominik & Jannsen, Nils & Kooths, Stefan & Plödt, Martin & van Roye, Björn & Scheide, Joachim & Schwarzmüller, Tim, 2015. "Das europäische Verfahren zur Vermeidung und Korrektur makroökonomischer Ungleichgewichte: Auswertung der bisherigen Erfahrung und mögliche Reformansätze," Kieler Beiträge zur Wirtschaftspolitik 7, Kiel Institute for the World Economy (IfW Kiel).
    2. Valentina Mele & Donald Schepers, 2013. "E Pluribus Unum? Legitimacy Issues and Multi-stakeholder Codes of Conduct," Journal of Business Ethics, Springer, vol. 118(3), pages 561-576, December.

  18. Robert Gillanders & Karl Whelan, 2010. "Open For Business? Institutions, Business Environment and Economic Development," Working Papers 201040, School of Economics, University College Dublin.

    Cited by:

    1. Packirisamy Natarajan & Mohammad Tanzeem Raza, 2017. "An Analytical Investigation On Ease Of Doing Business In India," Journal of Smart Economic Growth, , vol. 2(2), pages 46-69, May.
    2. Davies, Ronald B., 2013. "The silver lining of red tape," Journal of Public Economics, Elsevier, vol. 101(C), pages 68-76.
    3. Michael Breen & Robert Gillanders, 2011. "Corruption, Institutions and Regulation," Working Papers 201106, School of Economics, University College Dublin.
    4. Manuel Carlos Nogueira & Mara Madaleno, 2021. "Is the Aurora Borealis an Inspiration to the Performance of Nordic Economic Sustainability?," Sustainability, MDPI, vol. 13(17), pages 1-22, September.
    5. Valentina Diana RUSU & Angela ROMAN, 2016. "The Business Environment In Cee Countries: Current Challenges And Perspectives," CES Working Papers, Centre for European Studies, Alexandru Ioan Cuza University, vol. 8(1), pages 128-147, March.
    6. Viana, Jr., Dante Baiardo C. & Lourenço, Isabel & Black, Ervin L. & Martins, Orleans Silva, 2023. "Macroeconomic instability, institutions, and earnings management: An analysis in developed and emerging market countries," Journal of International Accounting, Auditing and Taxation, Elsevier, vol. 51(C).
    7. Philip R. Lane, 2013. "Growth and Adjustment Challenge for the Euro Area," The Institute for International Integration Studies Discussion Paper Series iiisdp426, IIIS.
    8. Breen, Michael & Gillanders, Robert, 2017. "Does Corruption Ease the Burden of Regulation? National and Subnational Evidence," MPRA Paper 82088, University Library of Munich, Germany.
    9. Adrian Corcoran & Robert Gillanders, 2012. "Foreign Direct Investment and The Ease of Doing Business," Working Papers 201219, School of Economics, University College Dublin.
    10. Tamanna Adhikari & Karl Whelan, 2019. "Do Business-Friendly Reforms Boost GDP?," Working Papers 201930, School of Economics, University College Dublin.
    11. Minh Quang Dao, 2017. "The impact of public policies and institutions on economic growth in developing countries: New empirical evidence," Bulletin of Applied Economics, Risk Market Journals, vol. 4(2), pages 37-49.
    12. Adhikari, Tamanna & Whelan, Karl, 2023. "Did raising doing business scores boost GDP?," Journal of Comparative Economics, Elsevier, vol. 51(3), pages 1011-1030.
    13. Manuel Carlos Nogueira & Mara Madaleno, 2021. "Are International Indices Good Predictors of Economic Growth? Panel Data and Cluster Analysis for European Union Countries," Sustainability, MDPI, vol. 13(11), pages 1-24, May.
    14. Zunaira Aman & Brigitte Granville & Sushanta K. Mallick & Ilayda Nemlioglu, 2024. "Does greater financial openness promote external competitiveness in emerging markets? The role of institutional quality," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 29(1), pages 486-510, January.
    15. Ummad Mazhar & Fahd Rehman, 2020. "Manufacturing as a Growth Escalator in Low and Middle Income Countries," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 44(4), pages 790-809, October.

  19. Karl Whelan, 2010. "Global imbalances and the financial crisis," Working Papers 201013, School of Economics, University College Dublin.

    Cited by:

    1. Abdala Rioja, Yamile E, 2011. "All Things Considered: The Interaction of the Reasons for the Financial Crisis," MPRA Paper 33408, University Library of Munich, Germany.
    2. Eichengreen, Barry & Flandreau, Marc & Mehl, Arnaud & Chitu, Livia, 2017. "International Currencies Past, Present, and Future: Two Views from Economic History," OUP Catalogue, Oxford University Press, number 9780190659455.
    3. Pasquale Tridico, 2011. "Varieties of capitalism and responses to the Financial Crisis: the European social Model versus the US Model," Departmental Working Papers of Economics - University 'Roma Tre' 0129, Department of Economics - University Roma Tre.
    4. John Whalley & Manmohan Agarwal & Jing Wang & Sean Walsh & Chen Yan, 2011. "Linking External Sector Imbalances and Changing Financial Instability before the 2008 Financial Crisis," NBER Working Papers 17645, National Bureau of Economic Research, Inc.
    5. Agarwal, Manmohan & Walsh, Sean & Wang, Jing & Whalley, John & Yan, Chen, 2013. "Expected worsening or improving financial instability and the 2008 financial crisis," The North American Journal of Economics and Finance, Elsevier, vol. 26(C), pages 92-105.
    6. Pasquale Tridico, 2012. "The impact of the economic crisis on the EU labour market: a comparative perspective," Departmental Working Papers of Economics - University 'Roma Tre' 0153, Department of Economics - University Roma Tre.
    7. Hanxiong Zhang & Robert Hudson & Hugh Metcalf & Viktor Manahov, 2017. "Investigation of institutional changes in the UK housing market using structural break tests and time-varying parameter models," Empirical Economics, Springer, vol. 53(2), pages 617-640, September.
    8. Mark Copelovitch & David A. Singer, 2017. "Tipping the (Im)balance: Capital inflows, financial market structure, and banking crises," Economics and Politics, Wiley Blackwell, vol. 29(3), pages 179-208, November.

  20. Karl Whelan, 2009. "Containing systemic risk," Open Access publications 10197/1672, School of Economics, University College Dublin.

    Cited by:

    1. Co-Pierre Georg & Jenny Poschmann, 2010. "Systemic risk in a network model of interbank markets with central bank activity," Jena Economics Research Papers 2010-033, Friedrich-Schiller-University Jena.
    2. Azizi , Ahmad, 2012. "Financial Regulation in the United Kingdom: Historical Foundations and Current Practices," Journal of Money and Economy, Monetary and Banking Research Institute, Central Bank of the Islamic Republic of Iran, vol. 6(2), pages 123-169, December.
    3. Vinko Zlatić & Giampaolo Gabbi & Hrvoje Abraham, 2015. "Reduction of Systemic Risk by Means of Pigouvian Taxation," PLOS ONE, Public Library of Science, vol. 10(7), pages 1-18, July.
    4. D. M. Nachane, 2016. "Global Crisis, Regulatory Reform and International Policy Coordination," South Asian Journal of Macroeconomics and Public Finance, , vol. 5(1), pages 63-95, June.

  21. Karl Whelan, 2009. "The ECB’s role in financial supervision," Working Papers 200915, School of Economics, University College Dublin.

    Cited by:

    1. Naďa Blahová, 2010. "The Changes within the Regulatory and Supervisory Framework of the European Union Financial Markets [Změny regulačního a dohledového rámce finančních trhů v Evropské unii]," Český finanční a účetní časopis, Prague University of Economics and Business, vol. 2010(2), pages 42-51.

  22. Karl Whelan, 2009. "Policy lessons from Ireland’s latest depression," Working Papers 200914, School of Economics, University College Dublin.

    Cited by:

    1. Mladen Čudanov & Ondrej Jaško & Gheorghe Săvoiu, 2012. "Public and Public Utility Enterprises Restructuring: Statistical and Quantitative Aid for Ensuring Human Resource Sustainability," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 14(32), pages 307-322, June.
    2. Alan Barrett & Séamus McGuiness, 2012. "The Irish Labour Market and the Great Recession," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 10(02), pages 27-33, August.
    3. Peter Howley & Emma Dillon, 2012. "Factors affecting the level of farm indebtedness: the role of farming attitudes," Working Papers 1201, Rural Economy and Development Programme,Teagasc.
    4. Colm McCarthy, 2009. "Ireland’s second fiscal consolidation – lessons from the last time," Working Papers 200917, School of Economics, University College Dublin.
    5. Mary Cussen, 2015. "Deciphering Ireland’s Macroeconomic Imbalance Indicators: Statistical Considerations," The Economic and Social Review, Economic and Social Studies, vol. 46(2), pages 293-313.
    6. Garicano, Luis & Santos, Tano & Fernández-Villaverde, Jesús, 2013. "Political Credit Cycles: The Case of the Euro Zone," CEPR Discussion Papers 9404, C.E.P.R. Discussion Papers.
    7. Mac an Bhaird, Ciarán, 2013. "Demand for debt and equity before and after the financial crisis," Research in International Business and Finance, Elsevier, vol. 28(C), pages 105-117.
    8. Colm McCarthy, 2009. "Fiscal adjustment and re-balancing the Irish economy," Open Access publications 10197/1673, School of Economics, University College Dublin.
    9. Cathal O’Donoghue & Jason Loughrey & Denisa M. Sologon, 2018. "Decomposing the Drivers of Changes in Inequality During the Great Recession in Ireland using the Fields Approach," The Economic and Social Review, Economic and Social Studies, vol. 49(2), pages 173-200.
    10. Christopher T. Whelan & Bertrand Maítre, 2013. "The Great Recession and the Changing Distribution of Economic Vulnerability by Social Class: The Irish Case," Working Papers 201312, Geary Institute, University College Dublin.
    11. Colm McCarthy, 2009. "Fiscal adjustment and macroeconomic re-balancing in Ireland," Working Papers 200928, School of Economics, University College Dublin.
    12. Nyamdash, Batsaikhan & Denny, Eleanor, 2011. "The economic impact of electricity conservation policies: A case study of Ireland," MPRA Paper 28384, University Library of Munich, Germany.
    13. Adele Bergin & Elish Kelly & Paul Redmond, 2020. "The labor market in Ireland, 2000–2018," IZA World of Labor, Institute of Labor Economics (IZA), pages 410-410, January.
    14. Lunn, Pete, 2011. "The Role of Decision-Making Biases in Ireland's Banking Crisis," Papers WP389, Economic and Social Research Institute (ESRI).
    15. John FitzGerald, 2019. "Contributing to Macro-Economic Policy in Ireland," The Economic and Social Review, Economic and Social Studies, vol. 50(4), pages 613-623.
    16. Donnellan, T. & Hanrahan, K. & Breen, James P. & Gillespie, P., 2013. "Climate Change and Agricultural Policy Coherence: Agricultural Growth and GHG Emissions in Ireland," 87th Annual Conference, April 8-10, 2013, Warwick University, Coventry, UK 158853, Agricultural Economics Society.
    17. Seán Ó Riain, 2012. "The Crisis of Financialisation in Ireland," The Economic and Social Review, Economic and Social Studies, vol. 43(4), pages 497-533.
    18. Elish Kelly & Adele Bergin, 2018. "The labor market in Ireland, 2000–2016," IZA World of Labor, Institute of Labor Economics (IZA), pages 410-410, January.
    19. Karl Whelan, 2011. "Ireland’s Sovereign Debt Crisis," Working Papers 201109, School of Economics, University College Dublin.

  23. Lawless, Martina & Whelan, Karl, 2008. "Where do Firms Export, How Much and Why?," Research Technical Papers 6/RT/08, Central Bank of Ireland.

    Cited by:

    1. DI COMITE, Francesco & THISSE , Jacques & ,, 2013. "Verti-zontal differentiation in export markets," LIDAM Discussion Papers CORE 2013064, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    2. Lawless, Martina & Siedschlag, Iulia & Studnicka, Zuzanna, 2017. "Expanding and diversifying the manufactured exports of Irish-owned enterprises," Research Series, Economic and Social Research Institute (ESRI), number BKMNEXT335, June.
    3. Thomas Goda, Santiago Sánchez, 2022. "Export Market Size Matters: The effect of the market size of export destinations on manufacturing growth," Documentos de Trabajo de Valor Público 20531, Universidad EAFIT.
    4. Jakob R. Munch & Daniel X., 2008. "Decomposing Firm-level Sales Variation," EPRU Working Paper Series 2009-05, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics, revised Jun 2009.
    5. Lawless, Martina, 2011. "Marginal Distance: Does Export Experience Reduce Firm Trade Costs?," Research Technical Papers 2/RT/11, Central Bank of Ireland.
    6. Jienwatcharamongkhol, Viroj, 2013. "Distance Sensitivity of Export: A Firm-Product Level Approach," Ratio Working Papers 220, The Ratio Institute.
    7. Fabrice Defever & Alejandro Riaño, 2017. "Twin peaks," CEP Discussion Papers dp1505, Centre for Economic Performance, LSE.
    8. David Hummels & Kwan Yong Lee, 2017. "The Income Elasticity of Import Demand: Micro Evidence and An Application," NBER Working Papers 23338, National Bureau of Economic Research, Inc.
    9. Facchini, Giovanni & Emami Namini, Julian & Lopez, Ricardo, 2011. "Export growth and factor market competition: theory and evidence," CEPR Discussion Papers 8256, C.E.P.R. Discussion Papers.
    10. Peter McQuade, 2010. "The Evolution of International Trade on the Extensive and Intensive Margins," The Institute for International Integration Studies Discussion Paper Series iiisdp325, IIIS, revised Apr 2010.
    11. Nicolas Berman & Vincent Rebeyrol & Vincent Vicard, 2015. "Demand learning and firm dynamics: evidence from exporters," IHEID Working Papers 03-2015, Economics Section, The Graduate Institute of International Studies.
    12. Viroj Jienwatcharamongkhol, 2014. "Distance Sensitivity of Export: A Firm-Product Level Approach," Journal of Industry, Competition and Trade, Springer, vol. 14(4), pages 531-554, December.
    13. Nguyen, Daniel X., 2012. "Demand uncertainty: Exporting delays and exporting failures," Journal of International Economics, Elsevier, vol. 86(2), pages 336-344.
    14. shepherd, Ben, 2010. "Geographical Diversification of Developing Country Exports," World Development, Elsevier, vol. 38(9), pages 1217-1228, September.
    15. Julian Emami Namini & Giovanni Facchini & Ricardo A. López, 2015. "A model of firm heterogeneity in factor intensities and international trade," Canadian Journal of Economics, Canadian Economics Association, vol. 48(4), pages 1456-1480, November.
    16. Nicolas Berman & Antoine Berthou & Jérôme Héricourt, 2011. "Export dynamics and sales at home," IHEID Working Papers 14-2011, Economics Section, The Graduate Institute of International Studies.
    17. Güzin Bayar, 2018. "Estimating export equations: a survey of the literature," Empirical Economics, Springer, vol. 54(2), pages 629-672, March.
    18. Daniela Federici & Valentino Parisi, 2014. "Corporate Taxation and Exports: Evidence from Italian Firm-Level Data," Review of Economics & Finance, Better Advances Press, Canada, vol. 4, pages 23-38, May.
    19. Cole, Matthew T. & Davies, Ronald B., 2011. "Strategic tariffs, tariff jumping, and heterogeneous firms," European Economic Review, Elsevier, vol. 55(4), pages 480-496, May.
    20. Francesco Serti & Chiara Tomasi, 2014. "Export and import market-specific characteristics," Empirical Economics, Springer, vol. 47(4), pages 1467-1496, December.
    21. Antonio Navas & Francesco Serti & Chiara Tomasi, 2020. "The role of the gravity forces on firms’ trade," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 53(3), pages 1059-1097, August.
    22. Philipp J.H. Schröder & Allan Sørensen, 2010. "The Theoretical Equivalent of Empirically Measurable Exporter Productivity when Firms are Heterogeneous," Economics Working Papers 2010-06, Department of Economics and Business Economics, Aarhus University.
    23. Julian Emami Namini & Giovanni Facchini & Ricardo A. Lopez, 2011. "Export Growth and Factor Market Competition: Theory and Some Evidence," Tinbergen Institute Discussion Papers 11-013/2, Tinbergen Institute.
    24. Federici, Daniela & Parisi, Valentino, 2012. "Corporate taxation and exports," MPRA Paper 41012, University Library of Munich, Germany.
    25. Matthew Cole, 2011. "Not all trade restrictions are created equally," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 147(3), pages 411-427, September.
    26. Philipp J.H. Schröder & Allan Sørensen, 2012. "Second thoughts on the exporter productivity premium," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 45(4), pages 1310-1331, November.
    27. Hummels, David & Lee, Kwan Yong, 2018. "The income elasticity of import demand: Micro evidence and an application," Journal of International Economics, Elsevier, vol. 113(C), pages 20-34.
    28. Jan Jørgensen & Philipp Schröder & Zhihao Yu, 2012. "Globalization beyond partitioning: back to Krugman’s world," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 148(1), pages 73-87, April.
    29. Matthew T Cole, 2009. "The Choice of Modeling Firm Heterogeneity and Trade Restrictions," Working Papers 200920, School of Economics, University College Dublin.
    30. Kichun Kang & Phyllis Keys & Yoon S. Shin, 2016. "Free Trade Agreements And Bridgehead Effect: Evidence From Korea–Chile Fta," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 61(05), pages 1-17, December.
    31. Jienwatcharamongkhol, Viroj, 2012. "Distance Sensitivity of Export: A Firm-Product Level Approach," Ratio Working Papers 201, The Ratio Institute.
    32. Nguyen Thi Thuy Vinh and Trinh Thi Thuy Duong, 2020. "Firm Export and the Impact of Foreign Ownership in Vietnam: A Micro-Data Analysis," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 45(1), pages 123-143, March.
    33. Chaoping Xie & Jianfeng Gao & Jason H. Grant & Sven Anders, 2018. "Examining the Canada–China agri‐food trade relationship: Firms, trading partners, and trading volumes," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 66(4), pages 539-555, December.

  24. Karl Whelan, 2007. "Staggered contracts and inflation persistence : some general results," Open Access publications 10197/200, School of Economics, University College Dublin.

    Cited by:

    1. Yao, Fang, 2016. "A Note On Increasing Hazard Functions And The Monetary Transmission Mechanism," Macroeconomic Dynamics, Cambridge University Press, vol. 20(1), pages 446-459, January.
    2. Kevin D. Sheedy, 2007. "Intrinsic Inflation Persistence," CEP Discussion Papers dp0837, Centre for Economic Performance, LSE.
    3. Hippolyte d'Albis & Emmanuelle Augeraud-Véron & Hermen Jan Hupkes, 2014. "Stability and determinacy conditions for mixed-type functional differential equations," Post-Print hal-01162232, HAL.
    4. Westerhout, Ed & Beetsma, Roel, 2019. "A comparison of nominal and indexed debt under fiscal constraints," Journal of International Money and Finance, Elsevier, vol. 91(C), pages 177-194.
    5. Alvarez González, Luis Julián, 2008. "What Do Micro Price Data Tell Us on the Validity of the New Keynesian Phillips Curve?," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 2, pages 1-36.
    6. Yao, Fang, 2009. "Time-dependent pricing and New Keynesian Phillips curve," Discussion Paper Series 1: Economic Studies 2009,08, Deutsche Bundesbank.
    7. Olivier Musy, 2021. "A New Keynesian Phillips Curve With Staggered Contracts and Indexation," Economics Bulletin, AccessEcon, vol. 41(1), pages 60-65.
    8. Tenreyro, Silvana & Drechsel, Thomas & McLeay, Michael, 2019. "Monetary policy for commodity booms and busts," CEPR Discussion Papers 14030, C.E.P.R. Discussion Papers.

  25. Lawless, Martina & Whelan, Karl, 2007. "A Note on Trade Costs and Distance," Research Technical Papers 7/RT/07, Central Bank of Ireland.

    Cited by:

    1. Matthieu Crozet & Keith Head & Thierry Mayer, 2009. "Quality sorting and trade: Firm-level evidence for French wine," Sciences Po publications 7295, Sciences Po.
    2. Mario Larch & Pehr-Johan Norbäck & Steffen Sirries & Dieter M. Urban, 2016. "Heterogeneous Firms, Globalisation and the Distance Puzzle," The World Economy, Wiley Blackwell, vol. 39(9), pages 1307-1338, September.
    3. Békés, Gábor & Muraközy, Balázs, 2012. "Temporary trade and heterogeneous firms," Journal of International Economics, Elsevier, vol. 87(2), pages 232-246.
    4. Balazs Murakozy & Gabor Bekes, 2009. "Temporary Trade," CERS-IE WORKING PAPERS 0909, Institute of Economics, Centre for Economic and Regional Studies.
    5. Andrew Jia-Yi Kam, 2015. "Determinants Of International Production Fragmentation: Malaysia’S Experience In The Information, Communications And Telecommunications (Ict) Industry," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 60(05), pages 1-22, December.

  26. D'Agostino, Antonello & Whelan, Karl, 2007. "Federal Reserve Information During the Great Moderation," Research Technical Papers 8/RT/07, Central Bank of Ireland.

    Cited by:

    1. Carola Conces Binder & Rodrigo Sekkel, 2023. "Central Bank Forecasting: A Survey," Staff Working Papers 23-18, Bank of Canada.
    2. Ásgeir Daníelsson, 2008. "The great moderation Icelandic style," Economics wp38, Department of Economics, Central bank of Iceland.
    3. Paul Hubert, 2009. "An Empirical Review of Federal Reserve’s Informational Advantage," Documents de Travail de l'OFCE 2009-03, Observatoire Francais des Conjonctures Economiques (OFCE).
    4. Zidong An & Joao Tovar Jalles, 2020. "On the performance of US fiscal forecasts: government vs. private information," Journal of Economic Studies, Emerald Group Publishing Limited, vol. 48(2), pages 367-391, June.
    5. Carlo Altavilla & Domenico Giannone, 2014. "The Effectiveness of Non-Standard Monetary Policy Measures: Evidence from Survey Data," Working Papers ECARES ECARES 2014-30, ULB -- Universite Libre de Bruxelles.
    6. Matei Demetrescu & Christoph Hanck & Robinson Kruse‐Becher, 2022. "Robust inference under time‐varying volatility: A real‐time evaluation of professional forecasters," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 37(5), pages 1010-1030, August.
    7. Gamber, Edward N. & Liebner, Jeffrey P. & Smith, Julie K., 2015. "The distribution of inflation forecast errors," Journal of Policy Modeling, Elsevier, vol. 37(1), pages 47-64.
    8. Paul Hubert, 2009. "Informational Advantage and Influence of Communicating Central Banks," Documents de Travail de l'OFCE 2009-04, Observatoire Francais des Conjonctures Economiques (OFCE).
    9. Christopher A. Hollrah & Steven A. Sharpe & Nitish R. Sinha, 2017. "What's the Story? A New Perspective on the Value of Economic Forecasts," Finance and Economics Discussion Series 2017-107, Board of Governors of the Federal Reserve System (U.S.).
    10. Rossi, Barbara & Sekhposyan, Tatevik & Hoesch, Lukas, 2020. "Has the Information Channel of Monetary Policy Disappeared? Revisiting the Empirical Evidence," CEPR Discussion Papers 14456, C.E.P.R. Discussion Papers.
    11. Christopher A. Hollrah & Steven A. Sharpe & Nitish R. Sinha, 2020. "The Power of Narratives in Economic Forecasts," Finance and Economics Discussion Series 2020-001, Board of Governors of the Federal Reserve System (U.S.).
    12. Jung, Alexander & El-Shagi, Makram & Giesen, Sebastian, 2014. "Does the federal reserve staff still beat private forecasters?," Working Paper Series 1635, European Central Bank.
    13. Yoichi Tsuchiya, 2021. "The value added of the Bank of Japan's range forecasts," Journal of Forecasting, John Wiley & Sons, Ltd., vol. 40(5), pages 817-833, August.
    14. João Valle e Azevedo & João Tovar Jalles, 2011. "Rational vs. Professional Forecasts," Working Papers w201114, Banco de Portugal, Economics and Research Department.
    15. Sharpe, Steven A. & Sinha, Nitish R. & Hollrah, Christopher A., 2023. "The power of narrative sentiment in economic forecasts," International Journal of Forecasting, Elsevier, vol. 39(3), pages 1097-1121.
    16. Muto, Ichiro, 2013. "Productivity growth, transparency, and monetary policy," Journal of Economic Dynamics and Control, Elsevier, vol. 37(1), pages 329-344.
    17. Lillian R. Gaeto & Sandeep Mazumder, 2019. "Measuring the Accuracy of Federal Reserve Forecasts," Southern Economic Journal, John Wiley & Sons, vol. 85(3), pages 960-984, January.
    18. de Mendonça, Helder Ferreira & Simão Filho, José & Abreu, Vanessa Castro, 2023. "Central bank’s forecasts and lack of transparency: An assessment of the effect on private expectations in a large emerging economy," Economic Systems, Elsevier, vol. 47(2).
    19. Jung, Alexander & El-Shagi, Makram & Giesen, Sebastian, 2013. "Does Central Bank Staff Beat Private Forecasters?," VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 79925, Verein für Socialpolitik / German Economic Association.
    20. Kishor N. Kundan, 2010. "The Superiority of Greenbook Forecasts and the Role of Recessions," NBP Working Papers 74, Narodowy Bank Polski.
    21. Karnaukh, Nina & Vokata, Petra, 2022. "Growth forecasts and news about monetary policy," Journal of Financial Economics, Elsevier, vol. 146(1), pages 55-70.
    22. El-Shagi, Makram, 2019. "Rationality tests in the presence of instabilities in finite samples," Economic Modelling, Elsevier, vol. 79(C), pages 242-246.
    23. Paul Hubert, 2015. "Revisiting the Greenbook’s relative forecasting performance," Revue de l'OFCE, Presses de Sciences-Po, vol. 0(1), pages 151-179.
    24. El-Shagi, Makram & Giesen, Sebastian & Jung, Alexander, 2016. "Revisiting the relative forecast performances of Fed staff and private forecasters: A dynamic approach," International Journal of Forecasting, Elsevier, vol. 32(2), pages 313-323.
    25. Ásgeir Daníelsson, 2008. "Accuracy in forecasting macroeconomic variables in Iceland," Economics wp39, Department of Economics, Central bank of Iceland.
    26. Henning Fischer & Marta García-Bárzana & Peter Tillmann & Peter Winker, 2014. "Evaluating FOMC forecast ranges: an interval data approach," Empirical Economics, Springer, vol. 47(1), pages 365-388, August.
    27. Ekşi Ozan & Taş Bedri Kamil Onur & Orman Cüneyt, 2017. "Has the forecasting performance of the Federal Reserve’s Greenbooks changed over time?," The B.E. Journal of Macroeconomics, De Gruyter, vol. 17(2), pages 1-25, June.
    28. Paul Hubert, 2010. "Monetary policy, imperfect information and the expectations channel [Politique monétaire,information imparfaite et canal des anticipations]," SciencePo Working papers Main tel-04095385, HAL.
    29. Daniel L. Thornton, 2009. "How did we get to inflation targeting and where do we go now? a perspective from the U.S. experience," Working Papers 2009-038, Federal Reserve Bank of St. Louis.
    30. Liebermann, Joelle, 2012. "Real-time forecasting in a data-rich environment," Research Technical Papers 07/RT/12, Central Bank of Ireland.
    31. Paul Hubert, 2010. "Monetary Policy, Imperfect Information and the Expectations Channel," Sciences Po publications info:hdl:2441/f4rshpf3v1u, Sciences Po.

  27. Lawless, Martina & Whelan, Karl, 2007. "Understanding the Dynamics of Labour Shares and Inflation," Research Technical Papers 4/RT/07, Central Bank of Ireland.

    Cited by:

    1. Byrne, Joseph P. & Kontonikas, Alexandros & Montagnoliz, Alberto, 2010. "International Evidence on the New Keynesian Phillips Curve Using Aggregate and Disaggregate Data," SIRE Discussion Papers 2010-57, Scottish Institute for Research in Economics (SIRE).
    2. Medel, Carlos A., 2017. "Forecasting Chilean Inflation with the Hybrid New Keynesian Phillips Curve: Globalisation, Combination, and Accuracy," MPRA Paper 78439, University Library of Munich, Germany.
    3. Toshitaka Sekine, 2009. "Another look at global disinflation," BIS Working Papers 283, Bank for International Settlements.
    4. Emna Trabelsi, 2016. "Transparency on inflation of OECD countries? An Application of LSDVC Estimator on a dynamic Panel Model," Economics Bulletin, AccessEcon, vol. 36(2), pages 1095-1126.
    5. Cristiano Cantore & Filippo Ferroni & Miguel A. Leon-Ledesma, 2018. "The Missing Link: Monetary policy and the labor share," Discussion Papers 1829, Centre for Macroeconomics (CFM).
    6. Dreger, Christian & Fourné, Marius & Holtemöller, Oliver, 2023. "Globalization, Productivity Growth, and Labor Compensation," IZA Discussion Papers 16010, Institute of Labor Economics (IZA).
    7. Linzert, Tobias & Christoffel, Kai & Kuester, Keith, 2009. "The role of labor markets for euro area monetary policy," Working Paper Series 1035, European Central Bank.
    8. Bratsiotis, George J. & Robinson, Wayne A., 2016. "Unit Total Costs: An Alternative Marginal Cost Proxy For Inflation Dynamics," Macroeconomic Dynamics, Cambridge University Press, vol. 20(7), pages 1826-1849, October.
    9. Chandra Utama & Insukindro & Ardyanto Fitrady, 2022. "Fiscal And Monetary Policy Interactions In Indonesia During Periods Of Economic Turmoil In The Us: 2001q1-2014q4," Bulletin of Monetary Economics and Banking, Bank Indonesia, vol. 25(1), pages 97-116, June.
    10. Medel, Carlos A., 2015. "Forecasting Inflation with the Hybrid New Keynesian Phillips Curve: A Compact-Scale Global VAR Approach," MPRA Paper 67081, University Library of Munich, Germany.
    11. Agénor, Pierre-Richard & Bayraktar, Nihal, 2010. "Contracting models of the Phillips curve empirical estimates for middle-income countries," Journal of Macroeconomics, Elsevier, vol. 32(2), pages 555-570, June.
    12. Corbellini, Aldo & Magnani, Marco & Morelli, Gianluca, 2021. "Labor market analysis through transformations and robust multivariate models," Socio-Economic Planning Sciences, Elsevier, vol. 73(C).
    13. Ivan Petrella & Emiliano Santoro, 2012. "Inflation Dynamics and Real Marginal Costs: New Evidence from U.S. Manufacturing Industries," Birkbeck Working Papers in Economics and Finance 1202, Birkbeck, Department of Economics, Mathematics & Statistics.
    14. Lawless, Martina & Rehill, Mark, 2020. "Productivity dispersion and sectoral labour shares in Europe," Papers WP659, Economic and Social Research Institute (ESRI).
    15. Abbas, Syed K. & Bhattacharya, Prasad Sankar & Sgro, Pasquale, 2016. "The new Keynesian Phillips curve: An update on recent empirical advances," International Review of Economics & Finance, Elsevier, vol. 43(C), pages 378-403.
    16. Claire A. Reicher, 2016. "Matching labor’s share in a search and matching model," Empirical Economics, Springer, vol. 50(4), pages 1229-1254, June.
    17. Paolo Paruolo & Riccardo Girardi, 2010. "Wages and prices in Europe before and after the onset of the Monetary Union," Economics and Quantitative Methods qf1009, Department of Economics, University of Insubria.
    18. Sandeep Mazumder, 2012. "The Volcker--Greenspan--Bernanke Phillips Curve," Applied Economics Letters, Taylor & Francis Journals, vol. 19(4), pages 387-391, March.
    19. Małgorzata Gawrycka & Anna Szymczak, 2021. "A Panel Analysis of the Impact of Green Transformation and Globalization on the Labor Share in the National Income," Energies, MDPI, vol. 14(21), pages 1-14, October.
    20. Sandeep Mazumder, 2012. "European Inflation and the New Keynesian Phillips Curve," Southern Economic Journal, John Wiley & Sons, vol. 79(2), pages 322-349, October.
    21. Mai, Nhat Chi, 2018. "Three Essays On Financial Integration And Trade Liberalization," OSF Preprints hfrdq, Center for Open Science.
    22. Benjamin Bridgman, 2014. "Is Labor's Loss Capital's Gain? Gross versus Net Labor Shares," BEA Working Papers 0114, Bureau of Economic Analysis.
    23. Luciano BOGGIO & Vincenzo DALL’AGLIO & Marco MAGNANI, 2010. "On Labour Shares in Recent Decades: A Survey," Rivista Internazionale di Scienze Sociali, Vita e Pensiero, Pubblicazioni dell'Universita' Cattolica del Sacro Cuore, vol. 118(3), pages 283-333.
    24. Belanger, Gilles, 2014. "The Overlooked Assumption Behind the New Keynesian Phillips Curve," MPRA Paper 55629, University Library of Munich, Germany.
    25. Sandra Tatierska, 2010. "Do Unit Labor Cost Drive Inflation in the Euro Area?," Working and Discussion Papers WP 2/2010, Research Department, National Bank of Slovakia.
    26. Michael Siegenthaler & Tobias Stucki, 2014. "Dividing the Pie: The Determinants of Labor's Share of Income on the Firm Level," KOF Working papers 14-352, KOF Swiss Economic Institute, ETH Zurich.
    27. Martin Lausegger, 2021. "Stock markets in turmoil: political institutions and the impact of elections," Economics and Politics, Wiley Blackwell, vol. 33(1), pages 172-204, March.
    28. Casarin, Roberto & Costantini, Mauro & Paradiso, Antonio, 2021. "On the role of dependence in sticky price and sticky information Phillips curve: Modelling and forecasting," Economic Modelling, Elsevier, vol. 105(C).
    29. Raihan, Selim, 2022. "What Does Data on Functional Income Distribution tell us about Trends in and Correlates of Income Inequality in The Asia-Pacific?," Jurnal Ekonomi Malaysia, Faculty of Economics and Business, Universiti Kebangsaan Malaysia, vol. 56(3), pages 45-64.
    30. Malikane, Christopher, 2013. "A New Keynesian Triangle Phillips Curve," MPRA Paper 43548, University Library of Munich, Germany.
    31. Chi, Wei & Xiaoye, Qian, 2011. "Regional disparity of labor’s share in China: Evidence and explanation," MPRA Paper 34522, University Library of Munich, Germany.
    32. Ken Kuttner & Tim Robinson, 2008. "Understanding the Flattening Phillips Curve," RBA Research Discussion Papers rdp2008-05, Reserve Bank of Australia.
    33. Trofimov, Ivan D. & Md. Aris, Nazaria & Bin Rosli, Muhammad K. F., 2018. "Macroeconomic Determinants of the Labour Share of Income: Evidence from OECD Economies," MPRA Paper 85597, University Library of Munich, Germany.
    34. Chih‐Hai Yang & Meng‐Wen Tsou, 2021. "Globalization and the labor share in China: Firm‐level evidence," Manchester School, University of Manchester, vol. 89(1), pages 1-23, January.
    35. Dünhaupt, Petra., 2013. "Determinants of functional income distribution : theory and empirical evidence," ILO Working Papers 994841223402676, International Labour Organization.
    36. Guerriero, Marta & Sen, Kunal, 2012. "What Determines the Share of Labour in National Income? A Cross-Country Analysis," IZA Discussion Papers 6643, Institute of Labor Economics (IZA).
    37. Milda Norkute, 2015. "Can the sectoral New Keynesian Phillips curve explain inflation dynamics in the Euro Area?," Empirical Economics, Springer, vol. 49(4), pages 1191-1216, December.
    38. Martina Lawless & Luke Rehill, 2022. "Market Power, Productivity and Sectoral Labour Shares in Europe," Open Economies Review, Springer, vol. 33(3), pages 453-476, July.
    39. Kyoji Fukao & Koji Ito & Cristiano Perugini, 2019. "A Microeconomic Analysis of the Declining Labor Share in Japan," ADB Institute Series on Development Economics, in: Gary Fields & Saumik Paul (ed.), Labor Income Share in Asia, chapter 0, pages 247-267, Springer.
    40. Dilyana Dimova, 2019. "The Structural Determinants of the Labor Share in Europe," IMF Working Papers 2019/067, International Monetary Fund.
    41. Saumik Paul & Yoko Oishi, 2018. "A Primer on the Drivers of Labor Income Share," Working Papers id:12948, eSocialSciences.
    42. Enn Lun Yong, 2019. "Unemployment and the European Union, 2000–2017: structural exploration of distant past economic experience and future prosperity," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 8(1), pages 1-21, December.
    43. Christopher Malikane & Tshepo Mokoka, 2014. "The new Keynesian Phillips curve: endogeneity and misspecification," Applied Economics, Taylor & Francis Journals, vol. 46(25), pages 3082-3089, September.
    44. Ivan D. TROFIMOV & Nazaria Md. ARIS & Muhammad Khairil Firdaus Bin ROSLI, 2018. "Macroeconomic determinants of the labour share of income: Evidence from OECD economies," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(3(616), A), pages 25-48, Autumn.
    45. Aurelijus Dabušinskas & Dmitry Kulikov, 2007. "New Keynesian Phillips curve for Estonia, Latvia and Lithuania," Bank of Estonia Working Papers 2007-07, Bank of Estonia, revised 26 Aug 2007.
    46. Christopher Malikane, 2017. "The labour share and the dynamics of output," Applied Economics, Taylor & Francis Journals, vol. 49(37), pages 3741-3750, August.
    47. Raihan, Selim, 2021. "Functional Income Distribution and Inequality in the Asia-Pacific Countries," MPRA Paper 110469, University Library of Munich, Germany.

  28. McQuinn, Kieran & Whelan, Karl, 2007. "Solow (1956) as a Model of Cross-Country Growth Dynamics," Research Technical Papers 1/RT/07, Central Bank of Ireland.

    Cited by:

    1. Elliott, Robert J.R. & Sun, Puyang & Xu, Qiqin, 2015. "Energy distribution and economic growth: An empirical test for China," Energy Economics, Elsevier, vol. 48(C), pages 24-31.
    2. Kuikeu, Oscar, 2011. "Arguments contre la zone franc [Against the cfa franc zone]," MPRA Paper 33710, University Library of Munich, Germany.
    3. Ding, Sai & Knight, John, 2009. "Can the augmented Solow model explain China's remarkable economic growth? A cross-country panel data analysis," Journal of Comparative Economics, Elsevier, vol. 37(3), pages 432-452, September.
    4. Dalgaard, Carl-Johan & Strulik, Holger, 2011. "Energy distribution and economic growth," Resource and Energy Economics, Elsevier, vol. 33(4), pages 782-797.

  29. McQuinn, Kieran & Whelan, Karl, 2006. "Prospects for Growth in the Euro Area," Research Technical Papers 12/RT/06, Central Bank of Ireland.

    Cited by:

    1. Keeney, Mary J., 2008. "Wage Inflation and Structural Unemployment in Ireland," Research Technical Papers 7/RT/08, Central Bank of Ireland.
    2. Michael Buchner, 2020. "Fiscal Policy in an Age of Secular Stagnation," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 62(3), pages 398-429, September.
    3. Byrne, David & McQuinn, Kieran, 2014. "Irish Economic Performance 1987-2013: A Growth Accounting Assessment," Research Notes RN2014/4/1, Economic and Social Research Institute (ESRI).
    4. McQuinn, Kieran & Whelan, Karl, 2015. "Demographics and the Growth Outlook for Europe," Research Notes RN2015/1/2, Economic and Social Research Institute (ESRI).
    5. Karl Whelan, 2010. "Policy Lessons from Ireland’s Latest Depression," The Economic and Social Review, Economic and Social Studies, vol. 41(2), pages 225-254.
    6. Marcelo Sánchez, 2012. "Structural Reform and Transparency in a Monetary Union," Open Economies Review, Springer, vol. 23(3), pages 559-577, July.
    7. Linehan, Suzanne & McQuinn, Kieran, 2008. "A Sectoral Analysis of the Average Work Week in Euro Area Countries," Quarterly Bulletin Articles, Central Bank of Ireland, pages 68-88, October.
    8. Duffy, David & McQuinn, Kieran & Byrne, David & Morley, Ciara, 2014. "Quarterly Economic Commentary, Winter 2014," Forecasting Report, Economic and Social Research Institute (ESRI), number QEC20144, June.

  30. Whelan, Karl, 2006. "Consumption and Expected Asset Returns Without Assumptions About Unobservables," Research Technical Papers 4/RT/06, Central Bank of Ireland.

    Cited by:

    1. Chauvin, V. & Damette, O., 2010. "Wealth effects: the French case," Working papers 276, Banque de France.
    2. Guglielmo Maria Caporale & Ricardo M. Sousa, 2011. "Consumption, Wealth, Stock and Housing Returns: Evidence from Emerging Markets," NIPE Working Papers 32/2011, NIPE - Universidade do Minho.
    3. Kishor, N. Kundan, 2023. "Estimating Expected Asset Returns With the Present Value Model of Consumption and Fed Forecasts," MPRA Paper 119617, University Library of Munich, Germany.
    4. Guglielmo Maria Caporale & Ricardo M. Sousa, 2011. "Are Stock and Housing Returns Complements or Substitutes? Evidence from OECD Countries," CESifo Working Paper Series 3621, CESifo.
    5. Sousa, João & Sousa, Ricardo M., 2013. "Asset returns under model uncertainty: evidence from the euro area, the U.S. and the U.K," Working Paper Series 1575, European Central Bank.
    6. Dr. Christian Grisse & Dr. Thomas Nitschka, 2014. "Exchange rate returns and external adjustment: evidence from Switzerland," Working Papers 2014-12, Swiss National Bank.

  31. Jeremy Rudd & Karl Whelan, 2006. "Empirical proxies for the consumption–wealth ratio," Open Access publications 10197/212, School of Economics, University College Dublin.

    Cited by:

    1. Carroll, Christopher D. & Slacalek, Jiri & Otsuka, Misuzu, 2010. "How large are housing and financial wealth effects? A new approach," Working Paper Series 1283, European Central Bank.
    2. Qiang Zhang, 2006. "The Spirit of Capitalism and Asset Pricing: an Empirical Investigation (Subsequently published in "The B.E. Journal of Macroeconomics (Topics in Macroeconomics)", 2006, Vol. 6, Issue 3, Arti," CARF F-Series CARF-F-069, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
    3. Carroll, Christopher D. & Otsuka, Misuzu & Slacalek, Jirka, 2006. "How large is the housing wealth effect? A new approach," CFS Working Paper Series 2006/35, Center for Financial Studies (CFS).
    4. Ryan R. Brady & Derek Stimel, 2011. "How the Housing and Financial Wealth Effects have changed over Time," Departmental Working Papers 31, United States Naval Academy Department of Economics.
    5. Sousa, Ricardo M., 2010. "Consumption, (dis)aggregate wealth, and asset returns," Journal of Empirical Finance, Elsevier, vol. 17(4), pages 606-622, September.
    6. Hanno Lustig & Stijn Van Nieuwerburg & Adrien Verdelhan, 2007. "The Wealth-Consumption Ratio: A Litmus Test for Consumption-based Asset Pricing Models¤," Boston University - Department of Economics - Working Papers Series WP2007-030, Boston University - Department of Economics.
    7. Chauvin, V. & Damette, O., 2010. "Wealth effects: the French case," Working papers 276, Banque de France.
    8. Andriy Avramenko & Michael R. Donihue, 2006. "Decomposing consumer wealth effects: evidence on the role of real estate assets following the wealth cycle of 1990-2002," Working Papers 06-15, Federal Reserve Bank of Boston.
    9. G. Everaert, 2007. "Estimating Long-Run Relationships between Observed Integrated Variables by Unobserved Component Methods," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 07/452, Ghent University, Faculty of Economics and Business Administration.
    10. Gardberg, Malin, 2020. "Aggregate Consumption and Wealth in the Long Run: The Impact of Financial Liberalization," Working Paper Series 1339, Research Institute of Industrial Economics.
    11. Frank Schmid, 2013. "Wealth Effects on Consumption in Switzerland," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 149(I), pages 87-110, March.
    12. İşcan, Talan B., 2011. "Productivity growth and the U.S. saving rate," Economic Modelling, Elsevier, vol. 28(1), pages 501-514.
    13. Corsetti, Giancarlo & Konstantinou, Panagiotis, 2009. "What Drives US Foreign Borrowing? Evidence on External Adjustment to Transitory and Permanent Shocks," CEPR Discussion Papers 7134, C.E.P.R. Discussion Papers.
    14. Emmanuel De Veirman & Ashley Dunstan, 2011. "Time-varying returns, intertemporal substitution and cyclical variation in consumption," Reserve Bank of New Zealand Discussion Paper Series DP2011/05, Reserve Bank of New Zealand.
    15. Adema, Yvonne & Pozzi, Lorenzo, 2015. "Business cycle fluctuations and household saving in OECD countries: A panel data analysis," European Economic Review, Elsevier, vol. 79(C), pages 214-233.
    16. Mathias Hoffmann, 2014. "The Consumption–Income Ratio, Entrepreneurial Risk, and the U.S. Stock Market," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 46(6), pages 1259-1292, September.
    17. Dubecq, S. & Ghattassi, I., 2009. "Consumption-Wealth Ratio and Housing Prices," Working papers 264, Banque de France.
    18. Fabian Lindner, 2013. "The Housing Wealth Effect on Consumption Reconsidered," IMK Working Paper 115-2013, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
    19. Alain Galli, 2017. "How Reliable are Cointegration-Based Estimates for Wealth Effects on Consumption? Evidence from Switzerland," Swiss Journal of Economics and Statistics, Springer;Swiss Society of Economics and Statistics, vol. 153(4), pages 437-479, October.
    20. Malin Gardberg & Lorenzo (L.C.G.) Pozzi, 2018. "Consumption and wealth in the long run: an integrated unobserved component approach," Tinbergen Institute Discussion Papers 18-046/VI, Tinbergen Institute, revised 13 Sep 2018.
    21. Lee, Jiho, 2013. "Consumption, financial wealth and labor income in Korea," Japan and the World Economy, Elsevier, vol. 25, pages 59-67.
    22. Qiang Zhang, 2006. "The Spirit of Capitalism and Asset Pricing: an Empirical Investigation," CIRJE F-Series CIRJE-F-428, CIRJE, Faculty of Economics, University of Tokyo.
    23. Eilev S. Jansen, 2010. "Wealth effects on consumption in financial crises: the case of Norway," Discussion Papers 616, Statistics Norway, Research Department.
    24. Talan B. Işcan, 2008. "Productivity Growth and the Future of the U.S. Saving Rate," Working Papers daleconwp2009-02, Dalhousie University, Department of Economics.
    25. Oğuzhan Çepni & Rangan Gupta & Mark E. Wohar, 2021. "Variants of consumption‐wealth ratios and predictability of U.S. government bond risk premia," International Review of Finance, International Review of Finance Ltd., vol. 21(2), pages 661-674, June.
    26. Emmanuel De Veirman & Ashley Dunstan, 2008. "How do Housing Wealth, Financial Wealth and Consumption Interact? Evidence from New Zealand," Reserve Bank of New Zealand Discussion Paper Series DP2008/05, Reserve Bank of New Zealand.
    27. Gary Koop & Simon M. Potter & Rodney W. Strachan, 2008. "Re‐Examining the Consumption–Wealth Relationship: The Role of Model Uncertainty," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 40(2‐3), pages 341-367, March.
    28. Clancy, Daragh & Cussen, Mary & Lydon, Reamonn, 2014. "Housing Market Activity and Consumption: Macro and Micro Evidence," Research Technical Papers 13/RT/14, Central Bank of Ireland.
    29. Paradiso, Antonio & Casadio, Paolo & Rao, B. Bhaskara, 2012. "US inflation and consumption: A long-term perspective with a level shift," Economic Modelling, Elsevier, vol. 29(5), pages 1837-1849.
    30. Willman, Alpo, 2007. "Sequential optimization, front-loaded information, and U.S. consumption," Working Paper Series 765, European Central Bank.
    31. Everaert Gerdie, 2011. "Estimation and Inference in Time Series with Omitted I(1) Variables," Journal of Time Series Econometrics, De Gruyter, vol. 2(2), pages 1-28, January.
    32. Casadio, Paolo & Paradiso, Antonio, 2010. "Inflation and consumption in a long term perspective with level shift," MPRA Paper 25980, University Library of Munich, Germany.
    33. Fisher, Lance A. & Otto, Glenn & Voss, Graham M., 2010. "The response of Australian consumption to housing wealth," Journal of Macroeconomics, Elsevier, vol. 32(1), pages 284-299, March.
    34. Mr. Evan C Tanner & Mr. Yasser Abdih, 2009. "Frugality: Are We Fretting Too Much? Household Saving and Assets in the United States," IMF Working Papers 2009/197, International Monetary Fund.
    35. Alexandre, Fernando & Bacao, Pedro & Gabriel, Vasco J., 2007. "Volatility in asset prices and long-run wealth effect estimates," Economic Modelling, Elsevier, vol. 24(6), pages 1048-1064, November.

  32. McQuinn, Kieran & Whelan, Karl, 2006. "Conditional Convergence Revisited: Taking Solow Very Seriously," Research Technical Papers 7/RT/06, Central Bank of Ireland.

    Cited by:

    1. McQuinn, Kieran & Whelan, Karl, 2007. "Solow (1956) as a Model of Cross-Country Growth Dynamics," MPRA Paper 5892, University Library of Munich, Germany.
    2. Marcel Schroder, 2013. "Should developing countries undervalue their currencies?," Departmental Working Papers 2013-12, The Australian National University, Arndt-Corden Department of Economics.
    3. Museru, Malimu & Toerien, Francois & Gossel, Sean, 2014. "The Impact of Aid and Public Investment Volatility on Economic Growth in Sub-Saharan Africa," World Development, Elsevier, vol. 57(C), pages 138-147.
    4. Kieran McQuinn & Karl Whelan, 2006. "Prospects for growth in the Euro area," Open Access publications 10197/217, School of Economics, University College Dublin.
    5. Schröder, Marcel, 2013. "Should developing countries undervalue their currencies?," Journal of Development Economics, Elsevier, vol. 105(C), pages 140-151.
    6. Socol Cristian & Socol Aura Gabriela & Marinas Marius-Corneliu, 2008. "The Analysis Of Equity-Efficiency Trade-Off In The European Union Economy," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 2(1), pages 442-448, May.

  33. O'Reilly, Gerard & Whelan, Karl, 2005. "Testing Parameter Stability: A Wild Bootstrap Approach," Research Technical Papers 8/RT/05, Central Bank of Ireland.

    Cited by:

    1. Peter Tillmann, 2010. "The changing nature of inflation persistence in Switzerland," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 37(4), pages 445-453, November.
    2. Gerlach, Stefan & Tillmann, Peter, 2012. "Inflation targeting and inflation persistence in Asia–Pacific," Journal of Asian Economics, Elsevier, vol. 23(4), pages 360-373.
    3. Peter Tillmann, 2013. "Inflation Targeting and Regional Inflation Persistence: Evidence from Korea," Pacific Economic Review, Wiley Blackwell, vol. 18(2), pages 147-161, May.
    4. Lee, Taewook & Baek, Changryong, 2020. "Block wild bootstrap-based CUSUM tests robust to high persistence and misspecification," Computational Statistics & Data Analysis, Elsevier, vol. 150(C).

  34. Willman, Alpo & Whelan, Karl & Altissimo, Filippo & Georgiou, Evaggelia & Sastre, Teresa & Valderrama, Maria Teresa & Sterne, Gabriel & Stocker, Marc & Weth, Mark, 2005. "Wealth and asset price effects on economic activity," Occasional Paper Series 29, European Central Bank.

    Cited by:

    1. Aßmuth, Pascal, 2015. "Stock price related financial fragility and growth patterns," Center for Mathematical Economics Working Papers 539, Center for Mathematical Economics, Bielefeld University.
    2. Ciarlone, Alessio, 2011. "Housing wealth effect in emerging economies," Emerging Markets Review, Elsevier, vol. 12(4), pages 399-417.
    3. de Bondt, Gabe & Gieseck, Arne & Herrero, Pablo & Zekaite, Zivile, 2019. "Disaggregate income and wealth effects in the largest euro area countries," Research Technical Papers 15/RT/19, Central Bank of Ireland.
    4. Luc Arrondel & Pierre Lamarche & Frédérique Savignac, 2014. "Consommation et patrimoine des ménages : au-delà du débat macroéconomique…," PSE-Ecole d'économie de Paris (Postprint) halshs-01109031, HAL.
    5. Anderson, Nicola & Brooke, Martin & Hume, Michael & Kürtösiová, Miriam, 2015. "Financial Stability Paper 33: A European Capital Markets Union: implications for growth and stability," Bank of England Financial Stability Papers 33, Bank of England.
    6. Chauvin, V. & Damette, O., 2010. "Wealth effects: the French case," Working papers 276, Banque de France.
    7. Vincent Labhard & Gabriel Sterne & Chris Young, 2005. "Wealth and consumption: an assessment of the international evidence," Bank of England working papers 275, Bank of England.
    8. Hartmann, Philipp & Papaioannou, Elias & Lo Duca, Marco & Heider, Florian, 2007. "The role of financial markets and innovation in productivity and growth in Europe," Occasional Paper Series 72, European Central Bank.
    9. Winkler, Adalbert & Geis, André & Böwer, Uwe, 2007. "Commodity price fluctuations and their impact on monetary and fiscal policies in Western and Central Africa," Occasional Paper Series 60, European Central Bank.
    10. Kajuth, Florian & Knetsch, Thomas A. & Pinkwart, Nicolas, 2013. "Assessing house prices in Germany: Evidence from an estimated stock-flow model using regional data," Discussion Papers 46/2013, Deutsche Bundesbank.
    11. Sánchez Muñoz, Carlos & Israël, Jean-Marc, 2007. "Towards harmonised balance of payments and international investment position statistics - the experience of the European compilers," Occasional Paper Series 67, European Central Bank.
    12. Muhammad Ali Nasir & Milton Yago & Alaa M. Soliman & Junjie Wu, 2016. "Financial stability, wealth effects and optimal macroeconomic policy combination in the United Kingdom: A new-Keynesian dynamic stochastic general equilibrium framework," Cogent Economics & Finance, Taylor & Francis Journals, vol. 4(1), pages 1136098-113, December.
    13. Kajuth, Florian, 2010. "The role of liquidity constraints in the response of monetary policy to house prices," Journal of Financial Stability, Elsevier, vol. 6(4), pages 230-242, December.
    14. Gabe Jacob de Bondt & Arne Gieseck & Zivile Zekaite, 2020. "Thick modelling income and wealth effects: a forecast application to euro area private consumption," Empirical Economics, Springer, vol. 58(1), pages 257-286, January.
    15. Russo, Daniela & Caviglia, Giacomo & Papathanassiou, Chryssa & Rosati, Simonetta, 2007. "Prudential and oversight requirements for securities settlement," Occasional Paper Series 76, European Central Bank.
    16. Aßmuth, Pascal, 2017. "Stock price related financial fragility and growth patterns," Economics Discussion Papers 2017-108, Kiel Institute for the World Economy (IfW Kiel).
    17. Piotr Lis, 2015. "Relationships between the finance system and housing markets," Working papers wpaper99, Financialisation, Economy, Society & Sustainable Development (FESSUD) Project.
    18. İşcan, Talan B., 2011. "Productivity growth and the U.S. saving rate," Economic Modelling, Elsevier, vol. 28(1), pages 501-514.
    19. Slacalek, Jiri, 2009. "What Drives Personal Consumption? The Role of Housing and Financial Wealth," Working Paper Series 1117, European Central Bank.
    20. Tuomas A. Peltonen & Ricardo M. Sousa & Isabel S. Vansteenkiste, 2009. "Wealth Effects in Emerging Market Economies," NIPE Working Papers 4/2009, NIPE - Universidade do Minho.
    21. Robert-Paul Berben & Kerstin Bernoth & Mauro Mastrogiacomo, 2007. "Households' response to wealth changes: do gains or losses make a difference?," IFC Bulletins chapters, in: Bank for International Settlements (ed.), Proceedings of the IFC Conference on "Measuring the financial position of the household sector", Basel, 30-31 August 2006 - Volume 1, volume 25, pages 145-160, Bank for International Settlements.
    22. Petschnigg, Reinhard, 2005. "The institutional framework for financial market policy in the USA seen from an EU perspective," Occasional Paper Series 35, European Central Bank.
    23. Benalal, Nicholai & Diaz del Hoyo, Juan Luis & Pierluigi, Beatrice & Vidalis, Nick, 2006. "Output growth differentials across the euro area countries: some stylised facts," Occasional Paper Series 45, European Central Bank.
    24. Francesco Furlanetto, 2011. "Does Monetary Policy React to Asset Prices? Some International Evidence," International Journal of Central Banking, International Journal of Central Banking, vol. 7(3), pages 91-111, September.
    25. Kenny, Geoff & Genre, Véronique & Bowles, Carlos & Friz, Roberta & Meyler, Aidan & Rautanen, Tuomas, 2007. "The ECB survey of professional forecasters (SPF) - A review after eight years' experience," Occasional Paper Series 59, European Central Bank.
    26. David Mayes & Matti Virén, 2010. "The Impact of Asset Prices and their Information Value for Monetary Policy," Revista ESPE - Ensayos Sobre Política Económica, Banco de la República, vol. 28(61), pages 134-167, August.
    27. Sousa, Ricardo M., 2009. "Wealth effects on consumption: evidence from the euro area," Working Paper Series 1050, European Central Bank.
    28. Stijn Claessens & M Ayhan Kose, 2018. "Frontiers of macrofinancial linkages," BIS Papers, Bank for International Settlements, number 95.
    29. Ibrahim Ahamada & Jose Luis Diaz Sanchez, 2013. "A Retrospective Analysis of the House Prices Macro-Relationship in the United States," International Journal of Central Banking, International Journal of Central Banking, vol. 9(4), pages 153-174, December.
    30. Enrique López Enciso & Andrés Salamanca Lugo, 2009. "El efecto riqueza de la vivienda en Colombia," Borradores de Economia 551, Banco de la Republica de Colombia.
    31. Stiegert, Roger & Leiner-Killinger, Nadine & López Pérez, Víctor & Vitale, Giovanni, 2007. "Structural reforms in EMU and the role of monetary policy: a survey of the literature," Occasional Paper Series 66, European Central Bank.
    32. Petr Jakubík, 2011. "Household Balance Sheets and Economic Crisis," Working Papers IES 2011/20, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, revised Jun 2011.
    33. de Beaufort Wijnholds, Johannes Onno & Søndergaard, Lars, 2007. "Reserve accumulation: objective or by-product?," Occasional Paper Series 73, European Central Bank.
    34. Signe Rosenberg, 2015. "The Impact of a Change in Real Estate Value on Private Consumption in Estonia," Research in Economics and Business: Central and Eastern Europe, Tallinn School of Economics and Business Administration, Tallinn University of Technology, vol. 7(2).
    35. Bindseil, Ulrich & Papadia, Francesco, 2006. "Credit risk mitigation in central bank operations and its effects on financial markets: the case of the Eurosystem," Occasional Paper Series 49, European Central Bank.
    36. Karl Whelan & Filippo Altissimo & Evaggelia Georgiou & Teresa Sastre & Maria Teresa Valderrama & Gabriel Sterne & Marc Stocker & Mark Weth & Alpo Willman, 2005. "Wealth and asset price effects on economic activity," Open Access publications 10197/210, School of Economics, University College Dublin.
    37. Kose, M. Ayhan & Claessens, Stijn, 2017. "Asset Prices and Macroeconomic Outcomes: A Survey," CEPR Discussion Papers 12460, C.E.P.R. Discussion Papers.
    38. Dierick, Frank & Pires, Fatima & Scheicher, Martin & Spitzer, Kai Gereon, 2005. "The New Basel Capital Framework and its implementation in the European Union," Occasional Paper Series 42, European Central Bank.
    39. Wolfgang Feilmayr, 2015. "Levels and development of real estate prices in different Austrian regions," ERES eres2015_107, European Real Estate Society (ERES).
    40. Thimann, Christian & Drage, John & Nikitin, Minna & Just, Christian & Pauli, Rolf & Committeri, Marco & Weber, Pierre-François & Fernández de Lis, Santiago & von Stenglin, Stephan & Hollensen, Ole & B, 2005. "Managing financial crises in emerging market economies - experience with the involvement of private sector creditors," Occasional Paper Series 32, European Central Bank.
    41. Monica Paiella, 2009. "The Stock Market, Housing And Consumer Spending: A Survey Of The Evidence On Wealth Effects," Journal of Economic Surveys, Wiley Blackwell, vol. 23(5), pages 947-973, December.
    42. Roma, Moreno & Janger, Jürgen & Gerritsen, Mathijs & Schivardi, Fabiano & O'Brien, Derry & Chauvin, Valérie & Lopez-Garcia, Paloma & Yusupová, Elena & Amador, João & Walch, Erik & van Riet, Ad & Nicol, 2006. "Competition, productivity and prices in the euro area services sector," Occasional Paper Series 44, European Central Bank.
    43. Pirmin Fessler & Peter Mooslechner & Martin Schürz & Karin Wagner, 2009. "Housing Wealth of Austrian Households," Monetary Policy & the Economy, Oesterreichische Nationalbank (Austrian Central Bank), issue 2, pages 104-124.
    44. Beck, Roland & Kamps, Annette & Mileva, Elitza, 2007. "Long-term growth prospects for the Russian economy," Occasional Paper Series 58, European Central Bank.
    45. Ersi Athanassiou & Ekaterini Tsouma, 2017. "Financial and Housing Wealth Effects on Private Consumption: The Case of Greece," South-Eastern Europe Journal of Economics, Association of Economic Universities of South and Eastern Europe and the Black Sea Region, vol. 15(1), pages 63-86.
    46. Angeloni, Ignazio & Flad, Michael & Mongelli, Francesco Paolo, 2005. "Economic and monetary integration of New Member States - helping to chart the route," Occasional Paper Series 36, European Central Bank.
    47. González, Fernando & Coppens, François & Winkler, Gerhard, 2007. "The performance of credit rating systems in the assessment of collateral used in Eurosystem monetary policy operations," Occasional Paper Series 65, European Central Bank.
    48. Lee, Jiho, 2013. "Consumption, financial wealth and labor income in Korea," Japan and the World Economy, Elsevier, vol. 25, pages 59-67.
    49. Dorrucci, Ettore & Gavilá, Sergio & Kreye, Antje & Rautava, Jouko & Balcao Reis, Teresa & Ghirga, Maurizio & Levy-Rueff, Guy & González-Mota, Emiliano & Leichtlein, Gudrun & Lagerblom, Angelika & Come, 2006. "The accumulation of foreign reserves," Occasional Paper Series 43, European Central Bank.
    50. Anderton, Robert & Melyn, Wim & Jochem, Alex & Pakinezou, N M & Torres, Javier & Lecat, Remy & Tedeschi, Roberto & Eggelte, Jurriann & Abreu, Ildeberta & Kinnunen, Helvi & Oliveira-Soares, Rodrigo & N, 2005. "Competitiveness and the export performance of the euro area," Occasional Paper Series 30, European Central Bank.
    51. Dimitrios Sideris & Georgia Pavlou, 2021. "Disaggregate income and wealth effects on private consumption in Greece," Working Papers 293, Bank of Greece.
    52. Alessio Ciarlone, 2012. "Wealth effects in emerging economies," Temi di discussione (Economic working papers) 843, Bank of Italy, Economic Research and International Relations Area.
    53. Giammarioli, Nicola & Nickel, Christiane & Rother, Philipp & Vidal, Jean-Pierre, 2007. "Assessing fiscal soundness: theory and practice," Occasional Paper Series 56, European Central Bank.
    54. Araújo, Eurilton, 2013. "Robust monetary policy with the consumption-wealth channel," Journal of Economic Dynamics and Control, Elsevier, vol. 37(1), pages 296-311.
    55. Van Rixtel, Adrian & Garcí­a, Juan Angel, 2007. "Inflation-linked bonds from a Central Bank perspective," Occasional Paper Series 62, European Central Bank.
    56. Koivu, Tuuli, 2012. "Monetary policy, asset prices and consumption in China," Economic Systems, Elsevier, vol. 36(2), pages 307-325.
    57. Talan B. Işcan, 2008. "Productivity Growth and the Future of the U.S. Saving Rate," Working Papers daleconwp2009-02, Dalhousie University, Department of Economics.
    58. Mr. Igor Lebrun & Mrs. Esther Perez Ruiz, 2014. "Demand Patterns in France, Germany, and Belgium: Can We Explain the Differences?," IMF Working Papers 2014/165, International Monetary Fund.
    59. Schönenberger, Andreas & Schmiedel, Heiko, 2005. "Integration of securities market infrastructure in the euro area," Occasional Paper Series 33, European Central Bank.
    60. Milani, Fabio, 2011. "The impact of foreign stock markets on macroeconomic dynamics in open economies: A structural estimation," Journal of International Money and Finance, Elsevier, vol. 30(1), pages 111-129, February.
    61. Haertel, Thomas & Hamburg, Britta & Kusin, Vladimir, 2022. "The macroeconometric model of the Bundesbank revisited," Technical Papers 01/2022, Deutsche Bundesbank.
    62. Pawe³ Œliwiñski, 2023. "Endogenous money supply, global liquidity and financial transactions: Panel evidence from OECD countries," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, vol. 18(1), pages 121-152, March.
    63. Schuknecht, Ludger & Morris, Richard & Ongena, Hedwig, 2006. "The reform and implementation of the Stability and Growth Pact," Occasional Paper Series 47, European Central Bank.
    64. Winkler, Adalbert & Geisler, Klaus-Dieter & del Río, Pedro & Pouvelle, Cyril & Golden, Brian & Vasjukova, Marina & Szalai, Zoltán & Dijkman, Miquel & Gǎlǎţescu, Anca Adriana & Noč, Matjaž & de-Alessi,, 2006. "Macroeconomic and financial stability challenges for acceding and candidate countries," Occasional Paper Series 48, European Central Bank.
    65. Igor Lebrun & Esther Pérez Ruiz, 2015. "Demand patterns in France, Germany and Belgium: Can We Explain the Differences?," EcoMod2015 8314, EcoMod.
    66. Syed Abul, Basher, 2014. "Stock markets and energy prices," MPRA Paper 53863, University Library of Munich, Germany.
    67. Heimonen, Kari, 2010. "Money and equity returns in the Euro area," Global Finance Journal, Elsevier, vol. 21(2), pages 152-169.
    68. Rocha Armada, Manuel J. & Sousa, Ricardo M. & Wohar, Mark E., 2015. "Consumption growth, preference for smoothing, changes in expectations and risk premium," The Quarterly Review of Economics and Finance, Elsevier, vol. 56(C), pages 80-97.
    69. Bill Martin, 2009. "An Augmented UK Private Expenditure Function," Working Papers wp384, Centre for Business Research, University of Cambridge.
    70. Skudelny, Frauke, 2009. "Euro area private consumption: Is there a role for housing wealth effects," Working Paper Series 1057, European Central Bank.
    71. Airaudo, Marco & Cardani, Roberta & Lansing, Kevin J., 2013. "Monetary policy and asset prices with belief-driven fluctuations," Journal of Economic Dynamics and Control, Elsevier, vol. 37(8), pages 1453-1478.
    72. Picón Aguilar, Carmen & Damia, Violetta, 2006. "Quantitative quality indicators for statistics: an application to euro area balance of payment," Occasional Paper Series 54, European Central Bank.
    73. Turunen, Jarkko & Musso, Alberto & Stocker, Marc & Gómez-Salvador, Ramón, 2006. "Labour productivity developments in the euro area," Occasional Paper Series 53, European Central Bank.
    74. Koivu, Tuuli, 2010. "Monetary policy, asset prices and consumption in China," BOFIT Discussion Papers 18/2010, Bank of Finland Institute for Emerging Economies (BOFIT).
    75. Arratibel, Olga & Heinz, Frigyes Ferdinand & Martin, Reiner & Przybyla, Marcin & Rawdanowicz, Lukasz & Serafini, Roberta & Zumer, Tina, 2007. "Determinants of growth in the central and eastern European EU member states - a production function approach," Occasional Paper Series 61, European Central Bank.
    76. Paul Hiebert, 2006. "Household Saving and Asset Valuations in Selected Industrialised Countries," RBA Research Discussion Papers rdp2006-07, Reserve Bank of Australia.
    77. Riccardo De Bonis & Andrea Silvestrini, 2011. "The effects of financial and real wealth on consumption: new evidence from OECD countries," Temi di discussione (Economic working papers) 837, Bank of Italy, Economic Research and International Relations Area.
    78. Sturm, Michael & Siegfried, Nikolaus, 2005. "Regional monetary integration in the member states of the Gulf Cooperation Council," Occasional Paper Series 31, European Central Bank.
    79. Schmiedel, Heiko, 2007. "The economic impact of the Single Euro Payments Area," Occasional Paper Series 71, European Central Bank.
    80. Russo, Daniela & Rosati, Simonetta & Chan, Diana & Fontan, Florence, 2007. "The securities custody industry," Occasional Paper Series 68, European Central Bank.
    81. Ehrmann, Michael & Smets, Frank & Altissimo, Filippo, 2006. "Inflation persistence and price-setting behaviour in the euro area: a summary of the IPN evidence," Occasional Paper Series 46, European Central Bank.
    82. Alan Rai, 2015. "Stock Market Illiquidity's Predictive Role Over Economic Growth: The Australian Evidence," Review of Pacific Basin Financial Markets and Policies (RPBFMP), World Scientific Publishing Co. Pte. Ltd., vol. 18(02), pages 1-30.
    83. Annenkov, Anatoli & Madaschi, Christophe, 2005. "Labour productivity in the Nordic EU countries: a comparative overview and explanatory factors 1980-2004," Occasional Paper Series 39, European Central Bank.
    84. Thimann, Christian & Skala, Martin & Wölfinger, Regine, 2007. "The search for Columbus' egg: finding a new formula to determine quotas at the IMF," Occasional Paper Series 70, European Central Bank.
    85. Mongelli, Francesco Paolo & Dorrucci, Ettore & Agur, Itai, 2005. "What does European institutional integration tell us about trade integration?," Occasional Paper Series 40, European Central Bank.
    86. Bindseil, Ulrich & Sotamaa, Kai & Amado, Ricardo & Honings, Noëlle & Chiappa, Gigliola & Boux, Bérénice & Föttinger, Wolfgang & Ledoyen, Pierre & Schwartzlose, Henrik & van der Hoorn, Han & Monar, Fer, 2007. "The use of portfolio credit risk models in central banks," Occasional Paper Series 64, European Central Bank.
    87. Till van Treeck, 2008. "Asymmetric income and wealth effects in a non-linear error correction model of US consumer spending," IMK Working Paper 06-2008, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.

  35. Jeremy Rudd & Karl Whelan, 2005. "Does labor's share drive inflation?," Open Access publications 10197/243, School of Economics, University College Dublin.

    Cited by:

    1. Jean-Philippe Laforte, 2005. "Pricing models: a Bayesian DSGE approach to the U.S. economy," Proceedings, Board of Governors of the Federal Reserve System (U.S.).
    2. Michael T. Kiley & Jean-Philippe Laforte & Rochelle M. Edge, 2008. "The Sources of Fluctuations in Residential Investment: A View from a Policy-Oriented DSGE Model of the U.S. Economic," 2008 Meeting Papers 990, Society for Economic Dynamics.
    3. Karl Whelan & Jeremy Rudd, 2003. "Can Rational Expectations Sticky-Price Models Explain Inflation Dynamics?," Computing in Economics and Finance 2003 181, Society for Computational Economics.
    4. Kevin J. Lansing, 2006. "Time-Varying U.S. Inflation Dynamics and the New Keynesian Phillips Curve," Computing in Economics and Finance 2006 488, Society for Computational Economics.
    5. Juillard, Michael & Kamenik, Ondra & Kumhof, Michael & Laxton, Douglas, 2008. "Optimal price setting and inflation inertia in a rational expectations model," Journal of Economic Dynamics and Control, Elsevier, vol. 32(8), pages 2584-2621, August.
    6. Michael T. Kiley, 2006. "A quantitative comparison of sticky-price and sticky-information models of price setting," Finance and Economics Discussion Series 2006-45, Board of Governors of the Federal Reserve System (U.S.).
    7. Yoshiyasu Ono, 2008. "Determinacy of Equilibrium under Various Phillips Curves," ISER Discussion Paper 0706, Institute of Social and Economic Research, Osaka University.
    8. Juan Paez-Farrell, 2004. "New Keynesian Models and the Kydland and Prescott Test," Macroeconomics 0411003, University Library of Munich, Germany, revised 24 Nov 2004.
    9. Rudd, Jeremy & Whelan, Karl, 2005. "Modelling Inflation Dynamics: A Critical Review of Recent Research," Research Technical Papers 7/RT/05, Central Bank of Ireland.
    10. Michel Juillard & Ondrej Kamenik & Michael Kumhof & Douglas Laxton, 2006. "Measures of Potential Output from an Estimated DSGE Model of the United States," Working Papers 2006/11, Czech National Bank.
    11. Reicher, Christopher Phillip, 2011. "Matching labor's share in a search and matching model," Kiel Working Papers 1733, Kiel Institute for the World Economy (IfW Kiel).
    12. Robert G. King & Mark W. Watson, 2012. "Inflation and Unit Labor Cost," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 44(s2), pages 111-149, December.
    13. Andrea Carriero, 2007. "A Simple Test of the New Keynesian Phillips Curve," Working Papers 592, Queen Mary University of London, School of Economics and Finance.
    14. Alastair R. Hall & Sanggohn Han & Otilia Boldea, 2009. "Inference regarding multiple structural changes in linear models with endogenous regressors," Centre for Growth and Business Cycle Research Discussion Paper Series 125, Economics, The University of Manchester.
    15. Ivan Petrella & Emiliano Santoro, 2012. "Inflation Dynamics and Real Marginal Costs: New Evidence from U.S. Manufacturing Industries," Birkbeck Working Papers in Economics and Finance 1202, Birkbeck, Department of Economics, Mathematics & Statistics.
    16. Fanelli, Luca, 2008. "Evaluating New Keynesian Phillips Curve under VAR-Based Learning," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 2, pages 1-24.
    17. Dandan Liu, 2011. "Learning and Estimation of the New Keynesian Phillips Curve Models," Southern Economic Journal, John Wiley & Sons, vol. 78(2), pages 382-396, October.
    18. Lanne, Markku & Luoto, Jani, 2011. "Autoregression-Based Estimation of the New Keynesian Phillips Curve," MPRA Paper 29801, University Library of Munich, Germany.
    19. Arslan, M. Murat, 2010. "Relative importance of sticky prices and sticky information in price setting," Economic Modelling, Elsevier, vol. 27(5), pages 1124-1135, September.
    20. Mehrotra, Aaron & Peltonen, Tuomas & Santos Rivera, Alvaro, 2010. "Modelling inflation in China--A regional perspective," China Economic Review, Elsevier, vol. 21(2), pages 237-255, June.
    21. Claire A. Reicher, 2016. "Matching labor’s share in a search and matching model," Empirical Economics, Springer, vol. 50(4), pages 1229-1254, June.
    22. James M. Nason & Gregor W. Smith, 2008. "The New Keynesian Phillips curve : lessons from single-equation econometric estimation," Economic Quarterly, Federal Reserve Bank of Richmond, vol. 94(Fall), pages 361-395.
    23. Dandan Liu & Dennis Jansen, 2011. "Does a factor Phillips curve help? An evaluation of the predictive power for U.S. inflation," Empirical Economics, Springer, vol. 40(3), pages 807-826, May.
    24. Juselius, Mikael, 2008. "Testing the New Keynesian Model on U.S. and Euro Area Data," Economics Discussion Papers 2008-23, Kiel Institute for the World Economy (IfW Kiel).
    25. Luca Fanelli, 2006. "Testing the New Keynesian Phillips Curve through Vector Autoregressive models : Results from the Euro area," Quaderni di Dipartimento 0, Department of Statistics, University of Bologna.
    26. Edge, Rochelle M. & Kiley, Michael T. & Laforte, Jean-Philippe, 2008. "Natural rate measures in an estimated DSGE model of the U.S. economy," Journal of Economic Dynamics and Control, Elsevier, vol. 32(8), pages 2512-2535, August.
    27. Belanger, Gilles, 2014. "The Overlooked Assumption Behind the New Keynesian Phillips Curve," MPRA Paper 55629, University Library of Munich, Germany.
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  37. Whelan, Karl, 2004. "Technology Shocks and Hours Worked: Checking for Robust Conclusions," Research Technical Papers 6/RT/04, Central Bank of Ireland.

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    2. Marcos Sanso-Navarro, 2011. "Broken trend stationarity of hours worked," Post-Print hal-00712742, HAL.
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    5. Federico S. Mandelman & Francesco Zanetti, 2008. "Estimating general equilibrium models: an application with labour market frictions," Technical Books, Centre for Central Banking Studies, Bank of England, edition 1, number 1, April.
    6. Cristiano Cantore & Miguel León-Ledesma & Peter McAdam & Alpo Willman, 2014. "Shocking Stuff: Technology, Hours, And Factor Substitution," Journal of the European Economic Association, European Economic Association, vol. 12(1), pages 108-128, February.
    7. Jordi Galí, 2004. "Trends in Hours, Balanced Growth, and the Role of Technology in the Business Cycle," Working Papers 187, Barcelona School of Economics.
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    11. Klein, Mathias & Krause, Christopher, 2015. "Technology-Labor and Fiscal Spending Crowding-in Puzzles: The Role of Interpersonal Comparison," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 113075, Verein für Socialpolitik / German Economic Association.
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    22. mhamdi, ghrissi, 2013. "stability of money demand function in Tunisia," MPRA Paper 63478, University Library of Munich, Germany.
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    38. Tsong, Ching-Chuan & Lee, Cheng-Feng, 2011. "Asymmetric inflation dynamics: Evidence from quantile regression analysis," Journal of Macroeconomics, Elsevier, vol. 33(4), pages 668-680.
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    40. Fabio Canova & Luca Gambetti & Evi Pappa, 2007. "The Structural Dynamics of Output Growth and Inflation: Some International Evidence," Economic Journal, Royal Economic Society, vol. 117(519), pages 167-191, March.
    41. Bob Nobay & Ivan Paya & David A. Peel, 2010. "Inflation Dynamics in the U.S.: Global but Not Local Mean Reversion," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 42(1), pages 135-150, February.
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    51. David G. Blanchflower & Conall MacCoille, 2009. "The formation of inflation expectations: an empirical analysis for the UK," NBER Working Papers 15388, National Bureau of Economic Research, Inc.
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    83. Barbara Meller & Dieter Nautz, 2009. "The Impact of the European Monetary Union on Inflation Persistence in the Euro Area," SFB 649 Discussion Papers SFB649DP2009-037, Sonderforschungsbereich 649, Humboldt University, Berlin, Germany.
    84. Muhammad Nadim Hanif & Javed Iqbal & Imran Naveed Khan, 2017. "Global Commodity Prices and Domestic Inflation: A Case Study of Pakistan," SBP Research Bulletin, State Bank of Pakistan, Research Department, vol. 13, pages 21-51.
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    88. Heimonen, Kari, 2010. "Money and equity returns in the Euro area," Global Finance Journal, Elsevier, vol. 21(2), pages 152-169.
    89. Beechey, Meredith & Österholm, Pär, 2009. "Time-varying inflation persistence in the Euro area," Economic Modelling, Elsevier, vol. 26(2), pages 532-535, March.
    90. Vararat Khemangkorn & Roong Poshyananda Mallikamas & Pranee Sutthasri, 2008. "Inflation Dynamics and Implications on Monetary Policy," Working Papers 2008-02, Monetary Policy Group, Bank of Thailand.
    91. Karl Whelan, 2007. "Staggered contracts and inflation persistence : some general results," Open Access publications 10197/200, School of Economics, University College Dublin.
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    93. Parusan Janhorm & Chaipat Poonpatpobul & Pinrat Pongsinsirikul, 2004. "Exploring Inflation in Thailand Through Sectoral Price Settting Behavior and Underlying Trend," Working Papers 2004-03, Monetary Policy Group, Bank of Thailand.
    94. Jose De Gregorio, 2007. "Defining Inflation Targets, the Policy Horizon and the Output-Inflation Tradeoff," Working Papers Central Bank of Chile 415, Central Bank of Chile.
    95. Zhiyong Fan & Yushan Hu & Penglong Zhang, 2022. "Measuring China's core inflation for forecasting purposes: taking persistence as weight," Empirical Economics, Springer, vol. 63(1), pages 93-111, July.
    96. Bilke, Laurent, 2005. "Break in the mean and persistence of inflation: a sectoral analysis of French CPI," Working Paper Series 463, European Central Bank.
    97. Johanna Amberger & Ralf Fendel, 2017. "Understanding inflation dynamics in the Euro Area: deviants and commonalities across member countries," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 44(2), pages 261-293, May.
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    99. Zongwu Cai & Ted Juhl, 2020. "The Distribution Of Rolling Regression Estimators," WORKING PAPERS SERIES IN THEORETICAL AND APPLIED ECONOMICS 202218, University of Kansas, Department of Economics, revised Dec 2022.
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    101. Monir Uddin Ahmed & Md. Moniruzzaman Muzib & Md. Mahedi Hasan, 2016. "Inflation, inflation uncertainty and relative price variability in Bangladesh," Eurasian Economic Review, Springer;Eurasia Business and Economics Society, vol. 6(3), pages 389-427, December.
    102. Matthew Greenwood-Nimmo & Yongcheol Shin, 2010. "Shifting Preferences at the Fed: Evidence from Rolling Dynamic Multipliers and Impulse Response Analysis," IMK Working Paper 16-2010, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
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  39. Whelan, Karl, 2004. "New Evidence on Balanced Growth, Stochastic Trends, and Economic Fluctations," Research Technical Papers 7/RT/04, Central Bank of Ireland.

    Cited by:

    1. M.S.Rafiq, 2006. "Business Cycle Moderation - Good Policies or Good Luck: Evidence and Explanations for the Euro Area," Discussion Paper Series 2006_21, Department of Economics, Loughborough University.
    2. Katsuyuki Shibayama, 2015. "Trend Dominance in Macroeconomic Fluctuations," Studies in Economics 1518, School of Economics, University of Kent.
    3. Peter Ireland & Scott Schuh, 2008. "Productivity and U.S. Macroeconomic Performance: Interpreting the Past and Predicting the Future with a Two-Sector Real Business Cycle Model," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 11(3), pages 473-492, July.
    4. M.S.Rafiq, 2006. "Great Ratios, Balanced Growth and Stochastic Trends: Evidence for the Euro Area," Discussion Paper Series 2006_20, Department of Economics, Loughborough University.
    5. Michal Andrle & Tibor Hledik & Ondra Kamenik & Jan Vlcek, 2009. "Implementing the New Structural Model of the Czech National Bank," Working Papers 2009/2, Czech National Bank.
    6. Lavan Mahadeva & Juan Carlos parra, 2008. "Testing a DSGE model and its partner database," Borradores de Economia 4507, Banco de la Republica.
    7. Jordi Galí, 2004. "Trends in Hours, Balanced Growth, and the Role of Technology in the Business Cycle," Working Papers 187, Barcelona School of Economics.
    8. Sun Xiaojin & Tsang Kwok Ping, 2019. "What cycles? Data detrending in DSGE models," Studies in Nonlinear Dynamics & Econometrics, De Gruyter, vol. 23(3), pages 1-23, June.
    9. Mehdi Senouci, 2012. "Technical change in a neoclassical two-sector model of optimal growth," PSE Working Papers halshs-00589627, HAL.
    10. Peter N. Ireland, 2009. "On the Welfare Cost of Inflation and the Recent Behavior of Money Demand," American Economic Review, American Economic Association, vol. 99(3), pages 1040-1052, June.
    11. Romero-Ávila, Diego, 2009. "Multiple Breaks, Terms of Trade Shocks and the Unit-Root Hypothesis for African Per Capita Real GDP," World Development, Elsevier, vol. 37(6), pages 1051-1068, June.

  40. Whelan, Karl, 2004. "Staggered Price Contracts and Inflation Persistence: Some General Results," Research Technical Papers 8/RT/04, Central Bank of Ireland.

    Cited by:

    1. Yao, Fang, 2016. "A Note On Increasing Hazard Functions And The Monetary Transmission Mechanism," Macroeconomic Dynamics, Cambridge University Press, vol. 20(1), pages 446-459, January.
    2. Kevin D. Sheedy, 2007. "Intrinsic Inflation Persistence," CEP Discussion Papers dp0837, Centre for Economic Performance, LSE.
    3. Hippolyte d'Albis & Emmanuelle Augeraud-Véron & Hermen Jan Hupkes, 2014. "Stability and determinacy conditions for mixed-type functional differential equations," Post-Print hal-01162232, HAL.
    4. Kevin J. Lansing, 2006. "Time-Varying U.S. Inflation Dynamics and the New Keynesian Phillips Curve," Computing in Economics and Finance 2006 488, Society for Computational Economics.
    5. Svetlana Makarova & Wojciech Charemza, 2006. "Ex-ante Dynamics of Real Effects of Monetary Policy: Theory and Evidence for Poland and Russia, 2001-2003," EcoMod2006 272100058, EcoMod.
    6. Rudd, Jeremy & Whelan, Karl, 2005. "Modelling Inflation Dynamics: A Critical Review of Recent Research," Research Technical Papers 7/RT/05, Central Bank of Ireland.
    7. Bilke, L., 2005. "Break in the Mean and Persistence of Inflation: a Sectoral Analysis of French CPI," Working papers 122, Banque de France.
    8. Westerhout, Ed & Beetsma, Roel, 2019. "A comparison of nominal and indexed debt under fiscal constraints," Journal of International Money and Finance, Elsevier, vol. 91(C), pages 177-194.
    9. Filippo Altissimo & Michael Ehrmann & Frank Smets, 2006. "Inflation persistence and price-setting behaviour in the euro area : a summary of the Inflation Persistence Network evidence," Working Paper Research 95, National Bank of Belgium.
    10. Bakhshi, Hasan & Khan, Hashmat & Rudolf, Barbara, 2007. "The Phillips curve under state-dependent pricing," Journal of Monetary Economics, Elsevier, vol. 54(8), pages 2321-2345, November.
    11. de Walque, Gregory & Smets, Frank & Wouters, Rafael, 2006. "Firm-Specific Production Factors in a DSGE Model with Taylor Price Setting," MPRA Paper 810, University Library of Munich, Germany.
    12. Yao, Fang, 2011. "Monetary Policy, Trend Inflation and Inflation Persistence," VfS Annual Conference 2011 (Frankfurt, Main): The Order of the World Economy - Lessons from the Crisis 48718, Verein für Socialpolitik / German Economic Association.
    13. Alvarez González, Luis Julián, 2008. "What Do Micro Price Data Tell Us on the Validity of the New Keynesian Phillips Curve?," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 2, pages 1-36.
    14. Loupias, Claire & Ricart, Roland, 2004. "Price setting in France: new evidence from survey data," Working Paper Series 423, European Central Bank.
    15. Yao, Fang, 2009. "Time-dependent pricing and New Keynesian Phillips curve," Discussion Paper Series 1: Economic Studies 2009,08, Deutsche Bundesbank.
    16. E. Dhyne, 2005. "Inflation persistence and price-setting in the euro area : results of the Eurosystem Inflation Persistence Network," Economic Review, National Bank of Belgium, issue iv, pages 17-37, December.
    17. Fang Yao, 2009. "The Cost of Tractability and the Calvo Pricing Assumption," SFB 649 Discussion Papers SFB649DP2009-042, Sonderforschungsbereich 649, Humboldt University, Berlin, Germany.
    18. Olivier Musy, 2021. "A New Keynesian Phillips Curve With Staggered Contracts and Indexation," Economics Bulletin, AccessEcon, vol. 41(1), pages 60-65.
    19. Fang Yao, 2010. "Can the New Keynesian Phillips Curve Explain Inflation Gap Persistence?," SFB 649 Discussion Papers SFB649DP2010-030, Sonderforschungsbereich 649, Humboldt University, Berlin, Germany.
    20. Charemza, Wojciech W. & Makarova, Svetlana, 2005. "Ex-ante dynamics of real effects of monetary policy: theory and evidence for Poland and Russia," BOFIT Discussion Papers 20/2005, Bank of Finland Institute for Emerging Economies (BOFIT).
    21. Bilke, Laurent, 2005. "Break in the mean and persistence of inflation: a sectoral analysis of French CPI," Working Paper Series 463, European Central Bank.
    22. Dixon Huw, 2012. "A Unified Framework for Using Micro-Data to Compare Dynamic Time-Dependent Price-Setting Models," The B.E. Journal of Macroeconomics, De Gruyter, vol. 12(1), pages 1-45, July.
    23. Hashmat Khan & John Tsoukalas, 2005. "Technology Shocks and UK Business Cycles," Macroeconomics 0512006, University Library of Munich, Germany.
    24. Tenreyro, Silvana & Drechsel, Thomas & McLeay, Michael, 2019. "Monetary policy for commodity booms and busts," CEPR Discussion Papers 14030, C.E.P.R. Discussion Papers.

  41. Rudd, Jeremy & Whelan, Karl, 2003. "Inflation Targets, Credibility and Persistence In a Simple Sticky-Price Framework," Research Technical Papers 6/RT/03, Central Bank of Ireland.

    Cited by:

    1. Luis F. Céspedes & Claudio Soto, 2007. "Credibility and Inflation Targeting in Chile," Central Banking, Analysis, and Economic Policies Book Series, in: Frederic S. Miskin & Klaus Schmidt-Hebbel & Norman Loayza (Series Editor) & Klaus Schmidt-Hebbel (Se (ed.),Monetary Policy under Inflation Targeting, edition 1, volume 11, chapter 14, pages 547-578, Central Bank of Chile.
    2. Luis F. Céspedes & Claudio Soto, 2005. "Credibility and Inflation Targeting in an Emerging Market: Lessons from the Chilean Experience," International Finance, Wiley Blackwell, vol. 8(3), pages 545-575, December.

  42. Whelan, Karl, 2003. "Embodiment, Productivity, and the Age Distribution of Capital," Research Technical Papers 4/RT/03, Central Bank of Ireland.

    Cited by:

    1. Taiji Hagiwara & Yoichi Matsubayashi, 2014. "Capital Accumulation, Vintage and Productivity: The Japanese Experience," Discussion Papers 1418, Graduate School of Economics, Kobe University.
    2. Dimitrios Koumparoulis, 2011. "The Proportionality Hypothesis in Capital Theory: an Assessment of the Literature," EuroEconomica, Danubius University of Galati, issue 27, pages 27-39, February.
    3. Giampaolo Garzarelli & Stephen M. Miller & Yasmina R. Limam, 2016. "Output Decomposition in the Presence of Input Quality Effects: A Stochastic Frontier Approach," Working Papers 72, Economic Research Southern Africa.
    4. Yu Sheng & V. Eldon Ball & Kenneth Erickson & Carlos San Juan Mesonada, 2022. "Cross-country agricultural TFP convergence and capital deepening: evidence for induced innovation from 17 OECD countries," Journal of Productivity Analysis, Springer, vol. 58(2), pages 185-202, December.
    5. Ueda, Masako & Hirukawa, Masayuki, 2008. "Venture Capital and Industrial ''Innovation''," CEPR Discussion Papers 7089, C.E.P.R. Discussion Papers.
    6. Virgil Eldon Ball & Carlos San Juan Mesonada & Carlos Sunyer Manteiga & Kennet Ericson & Yu Sheng, 2023. "Technology catch‐up in agriculture among advanced economies," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 67(1), pages 18-37, January.
    7. Bitros, George C., 2009. "The Theorem of Proportionality in Mainstream Capital Theory: An Assessment of its Conceptual Foundations," MPRA Paper 17436, University Library of Munich, Germany.
    8. Croce, Annalisa & Martí, José & Murtinu, Samuele, 2013. "The impact of venture capital on the productivity growth of European entrepreneurial firms: ‘Screening’ or ‘value added’ effect?," Journal of Business Venturing, Elsevier, vol. 28(4), pages 489-510.

  43. Rudd, Jeremy & Whelan, Karl, 2003. "Can Rational Expectations Sticky-Price Models Explain Inflation Dynamics," Research Technical Papers 5/RT/03, Central Bank of Ireland.

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    1. Giuseppe Orlando & Mario Sportelli, 2021. "Growth and Cycles as a Struggle: Lotka–Volterra, Goodwin and Phillips," Dynamic Modeling and Econometrics in Economics and Finance, in: Giuseppe Orlando & Alexander N. Pisarchik & Ruedi Stoop (ed.), Nonlinearities in Economics, chapter 0, pages 191-208, Springer.
    2. Byrne, Joseph P. & Kontonikas, Alexandros & Montagnoliz, Alberto, 2010. "International Evidence on the New Keynesian Phillips Curve Using Aggregate and Disaggregate Data," SIRE Discussion Papers 2010-57, Scottish Institute for Research in Economics (SIRE).
    3. Sophocles Mavroeidis & James Malcomson, 2011. "Nash Bargaining, Credible Bargaining and Efficiency wages in a matching model for the US," 2011 Meeting Papers 776, Society for Economic Dynamics.
    4. James M. Nason & Gregor W. Smith, 2005. "Identifying the New Keynesian Phillips curve," FRB Atlanta Working Paper 2005-01, Federal Reserve Bank of Atlanta.
    5. Liu, Chunping & Minford, Patrick, 2012. "Comparing behavioural and rational expectations for the US post-war economy," Cardiff Economics Working Papers E2012/21, Cardiff University, Cardiff Business School, Economics Section.
    6. Jeffrey C. Fuhrer, 2009. "Inflation persistence," Working Papers 09-14, Federal Reserve Bank of Boston.
    7. Christophe Blot & Jérôme Creel & Bruno Ducoudre & Xavier Timbeau, 2015. "Back to fiscal consolidation in Europe and its dual tradeoff : now or later, through spending cuts or tax hikes ?," SciencePo Working papers Main hal-01143545, HAL.
    8. Rao, B. Bhaskara & Paradiso, Antonio, 2011. "Time series estimates of the US new Keynesian Phillips curve with structural breaks," MPRA Paper 28413, University Library of Munich, Germany.
    9. Michael T. Kiley, 2006. "A quantitative comparison of sticky-price and sticky-information models of price setting," Finance and Economics Discussion Series 2006-45, Board of Governors of the Federal Reserve System (U.S.).
    10. Christina D. Romer & David H. Romer, 2010. "The Macroeconomic Effects of Tax Changes: Estimates Based on a New Measure of Fiscal Shocks," American Economic Review, American Economic Association, vol. 100(3), pages 763-801, June.
    11. Fair, Ray C., 2008. "Testing price equations," European Economic Review, Elsevier, vol. 52(8), pages 1424-1437, November.
    12. Jonas Dovern & Joerg Doepke & Ulrich Fritsche & Jirka Slacalek, 2006. "Sticky Information Phillips Curves: European Evidence," Macroeconomics and Finance Series 200604, University of Hamburg, Department of Socioeconomics.
    13. Lanne, Markku & Luoma, Arto & Luoto, Jani, 2009. "Bayesian Model Selection and Forecasting in Noncausal Autoregressive Models," MPRA Paper 23646, University Library of Munich, Germany.
    14. Jan-Oliver Menz, 2010. "Uncertainty, social norms and consumption theory: Post and New Keynesian approaches," European Journal of Economics and Economic Policies: Intervention, Edward Elgar Publishing, vol. 7(1), pages 125-146.
    15. Adriana Cornea‐Madeira & João Madeira, 2022. "Econometric Analysis of Switching Expectations in UK Inflation," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 84(3), pages 651-673, June.
    16. Alexander Mihailov & Fabio Rumler & Johann Scharler, 2008. "The Small Open-Economy New Keynesian Phillips Curve: Empirical Evidence and Implied Inflation Dynamics," Economics Discussion Papers em-dp2008-63, Department of Economics, University of Reading.
    17. Sophocles Mavroeidis & Mikkel Plagborg-Møller & James H. Stock, 2014. "Empirical Evidence on Inflation Expectations in the New Keynesian Phillips Curve," Journal of Economic Literature, American Economic Association, vol. 52(1), pages 124-188, March.
    18. Szafranek, Karol, 2017. "Flattening of the New Keynesian Phillips curve: Evidence for an emerging, small open economy," Economic Modelling, Elsevier, vol. 63(C), pages 334-348.
    19. Imbs, Jean & Jondeau, Eric & Pelgrin, Florian, 2007. "Aggregating Phillips curves," Working Paper Series 785, European Central Bank.
    20. Rudd, Jeremy & Whelan, Karl, 2005. "Modelling Inflation Dynamics: A Critical Review of Recent Research," Research Technical Papers 7/RT/05, Central Bank of Ireland.
    21. Christophe Blot & Marion Cochard & Jérôme Creel & Bruno Ducoudre & Danielle Schweisguth & Xavier Timbeau, 2014. "Fiscal Consolidation, Public Debt and Output Dynamics in the Euro Area: lessons from a simple model with time-varying fiscal multipliers," SciencePo Working papers Main hal-03429902, HAL.
    22. Richard Dennis, 2006. "The frequency of price adjustment and New Keynesian business cycle dynamics," Working Paper Series 2006-22, Federal Reserve Bank of San Francisco.
    23. Chengsi Zhang & Denise R. Osborn & Dong Heon Kim, 2006. "Observed Inflation Forecasts and the New Keynesian Phillips Curve," Economics Discussion Paper Series 0632, Economics, The University of Manchester.
    24. Jeffrey C. Fuhrer & Glenn D. Rudebusch, 2002. "Estimating the Euler equation for output," Working Paper Series 2002-12, Federal Reserve Bank of San Francisco.
    25. Charlotta Groth & Jarkko Jääskelä & Paolo Surico, 2006. "Fundamental inflation uncertainty," Bank of England working papers 309, Bank of England.
    26. Cassou, Steven P. & Vázquez Pérez, Jesús, 2010. "New Keynesian Model Features that Can Reproduce Lead, Lag and Persistence Patterns," DFAEII Working Papers 1988-088X, University of the Basque Country - Department of Foundations of Economic Analysis II.
    27. Andrea Carriero, 2007. "A Simple Test of the New Keynesian Phillips Curve," Working Papers 592, Queen Mary University of London, School of Economics and Finance.
    28. Chengsi Zhang & Joel Clovis, 2010. "The New Keynesian Phillips Curve of Rational Expectations: A Serial Correlation Extension," Journal of Applied Economics, Taylor & Francis Journals, vol. 13(1), pages 159-179, May.
    29. Don H Kim, 2007. "Challenges in macro-finance modeling," BIS Working Papers 240, Bank for International Settlements.
    30. Echavarría-Soto, Juan José & Misas A., Martha & López-Enciso, Enrique Antonio, 2011. "La persistencia estadística de la inflación en Colombia," Chapters, in: López Enciso, Enrique & Ramírez Giraldo, María Teresa (ed.), Formación de precios y salarios en Colombia T.1, volume 1, chapter 1, pages 3-44, Banco de la Republica de Colombia.
    31. Toshihiro Okada, 2017. "Time to Innovate and Aggregate Fluctuations: a New Keynesian Model with Endogenous Technology," Discussion Paper Series 154, School of Economics, Kwansei Gakuin University, revised Dec 2018.
    32. Richard Dennis, 2004. "New Keynesian Optimal-Policy Models: An Empirical Assessment," Royal Economic Society Annual Conference 2004 152, Royal Economic Society.
    33. Richard Dennis, 2007. "Fixing the New Keynesian Phillips curve," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, issue nov30.
    34. Ali al-Nowaihi & Sanjit Dhami, 2011. "Strategic monetary and fiscal policy interaction in a liquidity trap," Discussion Papers in Economics 11/43, Division of Economics, School of Business, University of Leicester.
    35. Ivan Petrella & Emiliano Santoro, 2012. "Inflation Dynamics and Real Marginal Costs: New Evidence from U.S. Manufacturing Industries," Birkbeck Working Papers in Economics and Finance 1202, Birkbeck, Department of Economics, Mathematics & Statistics.
    36. Fanelli, Luca, 2008. "Evaluating New Keynesian Phillips Curve under VAR-Based Learning," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 2, pages 1-24.
    37. Eickmeier, Sandra & Moll, Katharina, 2009. "The global dimension of inflation - evidence from factor-augmented Phillips curves," Working Paper Series 1011, European Central Bank.
    38. Mr. Kenji Moriyama, 2011. "Inflation Inertia in Egypt and its Policy Implications," IMF Working Papers 2011/160, International Monetary Fund.
    39. Markus Knell & Alfred Stiglbauer, 2009. "The Impact of Reference Norms on Inflation Persistence When Wages are Staggered," Working Papers 153, Oesterreichische Nationalbank (Austrian Central Bank).
    40. Dandan Liu, 2011. "Learning and Estimation of the New Keynesian Phillips Curve Models," Southern Economic Journal, John Wiley & Sons, vol. 78(2), pages 382-396, October.
    41. Abbas, Syed K. & Bhattacharya, Prasad Sankar & Sgro, Pasquale, 2016. "The new Keynesian Phillips curve: An update on recent empirical advances," International Review of Economics & Finance, Elsevier, vol. 43(C), pages 378-403.
    42. Syed Kanwar Abbas & Prasad Sankar Bhattacharya & Debdulal Mallick & Pasquale Sgro, 2016. "The New Keynesian Phillips Curve in a Small Open Economy: Empirical Evidence from Australia," The Economic Record, The Economic Society of Australia, vol. 92(298), pages 409-434, September.
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    88. Diron, Marie & Mojon, Benoît, 2005. "Forecasting the central bank's inflation objective is a good rule of thumb," Working Paper Series 564, European Central Bank.
    89. Barnes, Michelle L. & Gumbau-Brisa, Fabià & Lie, Denny & Olivei, Giovanni P., 2011. "Estimation of Forward-Looking Relationships in Closed Form: An Application to the New Keynesian Phillips Curve," Working Papers 2011-05, University of Sydney, School of Economics.
    90. Paloviita, Maritta, 2005. "Comparing alternative Phillips curve specifications: European results with survey-based expectations," Bank of Finland Research Discussion Papers 22/2005, Bank of Finland.
    91. Mr. Ashoka Mody & Ms. Franziska L Ohnsorge, 2007. "Can Domestic Policies Influence Inflation?," IMF Working Papers 2007/257, International Monetary Fund.
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    93. Karim Triki, 2016. "Expenditure-based Consolidation: Experiences and Outcomes – Workshop proceedings," European Economy - Discussion Papers 026, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    94. Zhang, Chengsi & Murasawa, Yasutomo, 2012. "Multivariate model-based gap measures and a new Phillips curve for China," China Economic Review, Elsevier, vol. 23(1), pages 60-70.
    95. Fair, Ray C., 2007. "Testing Price Equations," Kiel Working Papers 1342, Kiel Institute for the World Economy (IfW Kiel).
    96. Rareș-Petru MIHALACHE & Dumitru Alexandru BODISLAV, 2019. "The new Keynesian Phillips Curve. Implications. Strengths and weaknesses," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(4(621), W), pages 85-92, Winter.
    97. Russell, Bill, 2011. "Non-stationary inflation and panel estimates of United States short and long-run Phillips curves," Journal of Macroeconomics, Elsevier, vol. 33(3), pages 406-419, September.
    98. Sophocles N. Brissimis & Nicholas S. Magginas, 2008. "Inflation Forecasts and the New Keynesian Phillips Curve," International Journal of Central Banking, International Journal of Central Banking, vol. 4(2), pages 1-22, June.
    99. Christopher Tsoukis & George Kapetanios & Joseph Pearlman, 2011. "Elusive Persistence: Wage And Price Rigidities, The New Keynesian Phillips Curve And Inflation Dynamics," Journal of Economic Surveys, Wiley Blackwell, vol. 25(4), pages 737-768, September.
    100. Masahiko Shibamoto, 2009. "The Estimation of the New Keynesian Phillips Curve in Japan and Its Implication for the Inflation Response to a Monetary Policy Shock," Discussion Paper Series 235, Research Institute for Economics & Business Administration, Kobe University.
    101. Aristidou, Chrystalleni, 2018. "The meta-Phillips Curve: Modelling U.S. inflation in the presence of regime change," Journal of Macroeconomics, Elsevier, vol. 57(C), pages 367-379.
    102. Paul Hubert, 2010. "Monetary policy, imperfect information and the expectations channel [Politique monétaire,information imparfaite et canal des anticipations]," SciencePo Working papers Main tel-04095385, HAL.
    103. Alain Guay & Florian Pelgrin, 2016. "Using Implied Probabilities to Improve the Estimation of Unconditional Moment Restrictions for Weakly Dependent Data," Econometric Reviews, Taylor & Francis Journals, vol. 35(3), pages 344-372, March.
    104. Gomes, Orlando, 2012. "Thought experimentation and the Phillips curve," Research in Economics, Elsevier, vol. 66(1), pages 45-64.
    105. Calvo, Guillermo & Celasun, Oya & Kumhof, Michael, 2007. "Inflation inertia and credible disinflation," Journal of International Economics, Elsevier, vol. 73(1), pages 48-68, September.
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    107. Paloviita, Maritta, 2008. "Dynamics of inflation expectations in the euro area," Bank of Finland Scientific Monographs, Bank of Finland, volume 0, number sm2008_040.
    108. Jang, Tae-Seok, 2012. "Structural estimation of the New-Keynesian Model: a formal test of backward- and forward-looking expectations," MPRA Paper 40278, University Library of Munich, Germany.
    109. Ray Fair, 2006. "Evaluating Inflation Targeting Using a Macroeconometric Model," Yale School of Management Working Papers amz2483, Yale School of Management, revised 01 Aug 2007.
    110. Cassou Steven P. & Vázquez Jesús, 2014. "Small-scale New Keynesian model features that can reproduce lead, lag and persistence patterns," The B.E. Journal of Macroeconomics, De Gruyter, vol. 14(1), pages 1-34, January.
    111. David Kiefer, 2011. "Targets, Policy Lags and Sticky Prices in a Two-Equation Model of US Stabilization Policy," Working Paper Series, Department of Economics, University of Utah 2011_03, University of Utah, Department of Economics.
    112. Aragón, Edilean Kleber da Silva Bejarano & Galvão, Ana Beatriz, 2023. "Shock-based inference on the Phillips curve with the cost channel," Economic Modelling, Elsevier, vol. 126(C).
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    114. Markus Knell & Alfred Stiglbauer, 2012. "Reference Norms, Staggered Wages, And Wage Leadership: Theoretical Implications And Empirical Evidence," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 53(2), pages 569-592, May.
    115. Creel, Jérôme & Hubert, Paul & Saraceno, Francesco, 2013. "An assessment of the Stability and Growth Pact reform in a small-scale macro-framework," Journal of Economic Dynamics and Control, Elsevier, vol. 37(8), pages 1567-1580.
    116. Alain Guay & Florian Pelgrin, 2007. "Using Implied Probabilities to Improve Estimation with Unconditional Moment Restrictions," Cahiers de recherche 0747, CIRPEE.
    117. Moore, Bartholomew, 2014. "Monetary policy regimes and inflation in the new-Keynesian model," Journal of Macroeconomics, Elsevier, vol. 40(C), pages 323-337.
    118. David Kiefer, 2010. "A 2-Equation Model of the North Atlantic Economies, a Dynamic Panel Study," Working Paper Series, Department of Economics, University of Utah 2010_06, University of Utah, Department of Economics.

  44. Rudd, Jeremy & Whelan, Karl, 2002. "Does the Labour Share of Income Drive Inflation?," Research Technical Papers 2/RT/02, Central Bank of Ireland.

    Cited by:

    1. Gerard O'Reilly & Karl Whelan, 2005. "Has Euro-area inflation persistence changed over time?," Open Access publications 10197/211, School of Economics, University College Dublin.
    2. Karl Whelan & Jeremy Rudd, 2003. "Can Rational Expectations Sticky-Price Models Explain Inflation Dynamics?," Computing in Economics and Finance 2003 181, Society for Computational Economics.
    3. Wallis, Kenneth F., 2004. "Comparing empirical models of the euro economy," Economic Modelling, Elsevier, vol. 21(5), pages 735-758, September.
    4. Bratsiotis, George J. & Robinson, Wayne A., 2016. "Unit Total Costs: An Alternative Marginal Cost Proxy For Inflation Dynamics," Macroeconomic Dynamics, Cambridge University Press, vol. 20(7), pages 1826-1849, October.
    5. Erika Gulyas & Richard Startz, 2005. "The Tradeoff between Inflation and the Real Economy: Forward-Looking Behavior and the Inflation Premium," Working Papers UWEC-2005-25, University of Washington, Department of Economics.
    6. Holmberg, Karolina, 2006. "Derivation and Estimation of a New Keynesian Phillips Curve in a Small Open Economy," Working Paper Series 197, Sveriges Riksbank (Central Bank of Sweden).
    7. Ieva Rubene & Paolo Guarda, 2004. "The new Keynesian Phillips curve: empirical results for Luxembourg," BCL working papers 11, Central Bank of Luxembourg.
    8. Coenen, Günter, 2003. "Inflation persistence and robust monetary policy design," Working Paper Series 290, European Central Bank.
    9. Ken Kuttner & Tim Robinson, 2008. "Understanding the Flattening Phillips Curve," RBA Research Discussion Papers rdp2008-05, Reserve Bank of Australia.
    10. Sophocles N. Brissimis & Nicholas S. Magginas, 2008. "Inflation Forecasts and the New Keynesian Phillips Curve," International Journal of Central Banking, International Journal of Central Banking, vol. 4(2), pages 1-22, June.
    11. Tillmann, Peter, 2005. "The New Keynesian Phillips Curve in Europe: does it fit or does it fail?," Discussion Paper Series 1: Economic Studies 2005,04, Deutsche Bundesbank.
    12. William Baeza L. & Pablo García., 2003. "Medidas Alternativas de Brechas en Modelos de Inflación," Notas de Investigación Journal Economía Chilena (The Chilean Economy), Central Bank of Chile, vol. 6(2), pages 77-94, August.
    13. Paloviita, Maritta, 2008. "Dynamics of inflation expectations in the euro area," Bank of Finland Scientific Monographs, Bank of Finland, volume 0, number sm2008_040.
    14. Nuno Alves, 2004. "A Flexible View on Prices," Working Papers w200406, Banco de Portugal, Economics and Research Department.

  45. Karl WHELAN, 2002. "Some New Economy Lessons for Macroeconomists," Discussion Papers (REL - Recherches Economiques de Louvain) 2002012, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).

    Cited by:

    1. Bruno de Oliveira Cruz & Raouf Boucekkine, 2006. "Technological Progress and Investment Microeconomic Foundations and Macroeconomic Implications," Discussion Papers 1170, Instituto de Pesquisa Econômica Aplicada - IPEA.
    2. Raouf Boucekkine & Bruno de Oliveira Cruz, 2015. "Technological Progress and Investment: A Non-Technical Survey," Working Papers halshs-01145485, HAL.

  46. Rudd, Jeremy & Whelan, Karl, 2002. "A Note on the Cointegration of Consumption, Income, and Wealth," Research Technical Papers 5/RT/02, Central Bank of Ireland.

    Cited by:

    1. Carroll, Christopher D. & Otsuka, Misuzu & Slacalek, Jirka, 2006. "How large is the housing wealth effect? A new approach," CFS Working Paper Series 2006/35, Center for Financial Studies (CFS).
    2. Olivier Allain, 2011. "The impact of income distribution on consumption: a reassessment," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-00712657, HAL.
    3. Vincent Labhard & Gabriel Sterne & Chris Young, 2005. "Wealth and consumption: an assessment of the international evidence," Bank of England working papers 275, Bank of England.
    4. Chen, Jie, 2006. "Re-evaluating the association between housing wealth and aggregate consumption: New evidence from Sweden," Journal of Housing Economics, Elsevier, vol. 15(4), pages 321-348, December.
    5. Hoffmann, Mathias, 2006. "Proprietary Income, Entrepreneurial Risk, and the Predictability of U.S. Stock Returns," Technical Reports 2006,14, Technische Universität Dortmund, Sonderforschungsbereich 475: Komplexitätsreduktion in multivariaten Datenstrukturen.
    6. Slacalek, Jiri, 2009. "What Drives Personal Consumption? The Role of Housing and Financial Wealth," Working Paper Series 1117, European Central Bank.
    7. John V. Duca, 2005. "Mutual funds and the evolving long-run effects of stock wealth on U.S. consumption," Working Papers 0511, Federal Reserve Bank of Dallas.
    8. Paul P.J. Gao & Kevin X.D. Huang, 2008. "Aggregate Consumption-Wealth Ratio and the Cross-Section of Stock Returns: Some International Evidence," Annals of Economics and Finance, Society for AEF, vol. 9(1), pages 1-37, May.
    9. Belén Nieto & Rosa Rodríguez, 2006. "The Consumption/Wealth and Book/Market Ratios in a Dynamic Asset Pricing Contex," Spanish Economic Review, Springer;Spanish Economic Association, vol. 8(3), pages 199-226, September.
    10. Bruno Eugène & Philippe Jeanfils & Benoît Robert, 2003. "La consommation privée en Belgique," Working Paper Document 39, National Bank of Belgium.
    11. Hamburg, Britta & Hoffmann, Mathias & Keller, Joachim, 2005. "Consumption, wealth and business cycles: why is Germany different?," Discussion Paper Series 1: Economic Studies 2005,16, Deutsche Bundesbank.
    12. Nitschka, Thomas, 2006. "The U.S. consumption-wealth ratio and foreign stock markets: International evidence for return predictability," Technical Reports 2006,11, Technische Universität Dortmund, Sonderforschungsbereich 475: Komplexitätsreduktion in multivariaten Datenstrukturen.
    13. Monica Paiella, 2009. "The Stock Market, Housing And Consumer Spending: A Survey Of The Evidence On Wealth Effects," Journal of Economic Surveys, Wiley Blackwell, vol. 23(5), pages 947-973, December.
    14. Britta Hamburg & Mathias Hoffmann & Joachim Keller, 2008. "Consumption, wealth and business cycles in Germany," Empirical Economics, Springer, vol. 34(3), pages 451-476, June.
    15. Chen, Jie, 2006. "Housing Wealth and Aggregate Consumption in Sweden," Working Paper Series 2006:16, Uppsala University, Department of Economics.
    16. Vighneswara Swamy, 2019. "Wealth Effects and Macroeconomic Dynamics," Economics Bulletin, AccessEcon, vol. 39(3), pages 1755-1773.
    17. Anastasiou, Dimitris & Ftiti, Zied & Louhichi, Waël & Tsouknidis, Dimitris, 2023. "Household deposits and consumer sentiment expectations: Evidence from Eurozone," Journal of International Money and Finance, Elsevier, vol. 131(C).
    18. Yang, Zan & Wang, S.T., 2012. "Permanent and transitory shocks in owner-occupied housing: A common trend model of price dynamics," Journal of Housing Economics, Elsevier, vol. 21(4), pages 336-346.
    19. Vighneswara Swamy, 2022. "Financial wealth effects and consumption expenditure," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 27(2), pages 1933-1946, April.
    20. Jiri Slacalek, 2006. "International Wealth Effects," Computing in Economics and Finance 2006 425, Society for Computational Economics.
    21. Swamy, Vighneswara, 2017. "Wealth Effects and Macroeconomic Dynamics – Evidence from Indian Economy," MPRA Paper 76836, University Library of Munich, Germany.
    22. Gary Koop & Simon M. Potter & Rodney W. Strachan, 2008. "Re‐Examining the Consumption–Wealth Relationship: The Role of Model Uncertainty," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 40(2‐3), pages 341-367, March.
    23. Paradiso, Antonio & Casadio, Paolo & Rao, B. Bhaskara, 2012. "US inflation and consumption: A long-term perspective with a level shift," Economic Modelling, Elsevier, vol. 29(5), pages 1837-1849.
    24. Casadio, Paolo & Paradiso, Antonio, 2010. "Inflation and consumption in a long term perspective with level shift," MPRA Paper 25980, University Library of Munich, Germany.

  47. Palumbo, Michael & Rudd, Jeremy & Whelan, Karl, 2002. "On the Relationships Between Real Consumption, Income, and Wealth," Research Technical Papers 4/RT/02, Central Bank of Ireland.

    Cited by:

    1. Ryan R. Brady & Derek Stimel, 2011. "How the Housing and Financial Wealth Effects have changed over Time," Departmental Working Papers 31, United States Naval Academy Department of Economics.
    2. Marcel Fratzscher & Roland Straub, 2013. "Asset Prices, News Shocks, and the Trade Balance," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 45(7), pages 1211-1251, October.
    3. Jun Ma & Mark E. Wohar, 2013. "An Unobserved Components Model that Yields Business and Medium‐Run Cycles," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 45(7), pages 1351-1373, October.
    4. Vincent Labhard & Gabriel Sterne & Chris Young, 2005. "Wealth and consumption: an assessment of the international evidence," Bank of England working papers 275, Bank of England.
    5. Chen, Jie, 2006. "Re-evaluating the association between housing wealth and aggregate consumption: New evidence from Sweden," Journal of Housing Economics, Elsevier, vol. 15(4), pages 321-348, December.
    6. Willman, Alpo, 2003. "Consumption, habit persistence, imperfect information and the lifetime budget constraint," Working Paper Series 251, European Central Bank.
    7. Jeremy Rudd & Karl Whelan, 2002. "A note on the cointegration of consumption, income, and wealth," Open Access publications 10197/228, School of Economics, University College Dublin.
    8. Attfield, Cliff & Temple, Jonathan R.W., 2010. "Balanced growth and the great ratios: New evidence for the US and UK," Journal of Macroeconomics, Elsevier, vol. 32(4), pages 937-956, December.
    9. Corsetti, Giancarlo & Konstantinou, Panagiotis, 2009. "What Drives US Foreign Borrowing? Evidence on External Adjustment to Transitory and Permanent Shocks," CEPR Discussion Papers 7134, C.E.P.R. Discussion Papers.
    10. Zhang, Dayong & Broadstock, David C. & Cao, Hong, 2014. "International oil shocks and household consumption in China," Energy Policy, Elsevier, vol. 75(C), pages 146-156.
    11. Sarno, Lucio & Fratzscher, Marcel & Juvenal, Luciana, 2009. "Asset Prices, Exchange Rates and the Current Account," CEPR Discussion Papers 7614, C.E.P.R. Discussion Papers.
    12. Anders Rygh Swensen & Pål Boug & Ådne Cappelen & Eilev S. Jansen, 2019. "The consumption Euler equation or the Keynesian consumption function?," Discussion Papers 904, Statistics Norway, Research Department.
    13. John H. Huston & Roger W. Spencer, 2016. "The Wealth Effects of Quantitative Easing," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 44(4), pages 471-486, December.
    14. Fabian Lindner, 2013. "The Housing Wealth Effect on Consumption Reconsidered," IMK Working Paper 115-2013, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
    15. Christian Dreger & Hans-Eggert Reimers, 2012. "The long run relationship between private consumption and wealth: common and idiosyncratic effects," Portuguese Economic Journal, Springer;Instituto Superior de Economia e Gestao, vol. 11(1), pages 21-34, April.
    16. Lise Pichette & Dominique Tremblay, 2003. "Are Wealth Effects Important for Canada?," Staff Working Papers 03-30, Bank of Canada.
    17. Kishor, N. Kundan, 2023. "Estimating Expected Asset Returns With the Present Value Model of Consumption and Fed Forecasts," MPRA Paper 119617, University Library of Munich, Germany.
    18. Takamitsu Kurita & Heino Bohn Nielsen & Anders Rahbek, 2009. "An I(2) Cointegration Model With Piecewise Linear Trends: Likelihood Analysis And Application," Discussion Papers 09-13, University of Copenhagen. Department of Economics.
    19. Bover, Olympia, 2006. "Wealth Effects on Consumption: Microeconometric Estimates from a New Survey of Household Finances," CEPR Discussion Papers 5874, C.E.P.R. Discussion Papers.
    20. Nils Holinski & Robert Vermeulen, 2012. "The international wealth channel: a global error-correcting analysis," Empirical Economics, Springer, vol. 43(3), pages 985-1010, December.
    21. Matthew D. Shapiro, 2010. "The Effects of the Financial Crisis on the Well-Being of Older Americans: Evidence from the Cognitive Economics Study," Working Papers wp228, University of Michigan, Michigan Retirement Research Center.
    22. Fukunari KIMURA & Han PHOUMIN, . "Energy Market Integration in EAST Asia: Energy Trade, Cross Border Electricity, and Price Mechanism," Books, Economic Research Institute for ASEAN and East Asia (ERIA), number 2013-rpr-29 edited by Fukunari KIMURA & Han PHOUMIN, July.
    23. Dayong ZHANG & David C. Broadstock, 2014. "Impact of International Oil Price Shocks on Consumption Expenditures in ASEAN and East Asia," Working Papers DP-2014-24, Economic Research Institute for ASEAN and East Asia (ERIA).
    24. Ryan R. Brady & Derek Stimel & Steven Sumner, 2012. "A Time Series Test of the Direct Wealth Effect," Departmental Working Papers 40, United States Naval Academy Department of Economics.
    25. Gary Koop & Simon M. Potter & Rodney W. Strachan, 2008. "Re‐Examining the Consumption–Wealth Relationship: The Role of Model Uncertainty," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 40(2‐3), pages 341-367, March.
    26. Whelan, Karl, 2008. "Consumption and expected asset returns without assumptions about unobservables," Journal of Monetary Economics, Elsevier, vol. 55(7), pages 1209-1221, October.
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    Cited by:

    1. Moura, Alban, 2021. "Trend breaks and the long-run implications of investment-specific technological progress," MPRA Paper 112350, University Library of Munich, Germany.
    2. Michael G. Palumbo & Jeremy B. Rudd & Karl Whelan, 2002. "On the relationships between real consumption, income and wealth," Finance and Economics Discussion Series 2002-38, Board of Governors of the Federal Reserve System (U.S.).
    3. Michael T. Kiley & Jean-Philippe Laforte & Rochelle M. Edge, 2008. "The Sources of Fluctuations in Residential Investment: A View from a Policy-Oriented DSGE Model of the U.S. Economic," 2008 Meeting Papers 990, Society for Economic Dynamics.
    4. Taiji Hagiwara & Yoichi Matsubayashi, 2014. "Capital Accumulation, Vintage and Productivity: The Japanese Experience," Discussion Papers 1418, Graduate School of Economics, Kobe University.
    5. Francesca Marino, 2013. "The Italian productivity slowdown in a Real Business Cycle perspective," SERIES 0046, Dipartimento di Economia e Finanza - Università degli Studi di Bari "Aldo Moro", revised Apr 2013.
    6. Teles, Vladimir K. & Costa Junior, Celso Jose & Rosa, Rafael Mouallem, 2015. "Investment-Specific Technological Change and the Brazilian Macroeconomy," Brazilian Review of Econometrics, Sociedade Brasileira de Econometria - SBE, vol. 35(2), March.
    7. Bishnu, Monisankar & Ghate, Chetan & Gopalakrishnan, Pawan, 2011. "Distortionary Taxes and Public Investment in a Model of Endogenous Investment Specific Technological Change," MPRA Paper 34111, University Library of Munich, Germany.
    8. Max Elger, 2007. "Endogenous Growth and Investment-Specific Innovations - Evidence and Predictions," 2007 Meeting Papers 897, Society for Economic Dynamics.
    9. 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.).
    10. John G. Fernald, 2014. "Productivity and Potential Output Before, During, and After the Great Recession," Working Paper Series 2014-15, Federal Reserve Bank of San Francisco.
    11. Matteo Iacoviello & Stefano Neri, 2010. "Housing Market Spillovers: Evidence from an Estimated DSGE Model," American Economic Journal: Macroeconomics, American Economic Association, vol. 2(2), pages 125-164, April.
    12. Antolin-Diaz, Juan & Drechsel, Thomas & Petrella, Ivan, 2017. "Tracking the slowdown in long-run GDP growth," LSE Research Online Documents on Economics 81869, London School of Economics and Political Science, LSE Library.
    13. Nicholas Oulton, 2013. "Medium and long run prospects for UK growth in the aftermath of the financial crisis," Discussion Papers 1307, Centre for Macroeconomics (CFM).
    14. Georges Daw, 2022. "Determinants of wealth disparities in the EU: A multi-scale development accounting investigation," Post-Print halshs-03312820, HAL.
    15. Lee Junhee, 2009. "Examining Sectoral Co-Movement in Estimated Nominal Rigidities Models," The B.E. Journal of Macroeconomics, De Gruyter, vol. 9(1), pages 1-22, May.
    16. Michael Kiley & Jean-Philippe Laforte & Rochelle Edge, 2009. "Investment Shocks and the Business Cycle: The View from a Policy-Oriented DSGE model," 2009 Meeting Papers 148, Society for Economic Dynamics.
    17. Andrle, Michal, 2008. "The Role of Trends and Detrending in DSGE Models," MPRA Paper 13289, University Library of Munich, Germany.
    18. Oulton, Nicholas, 2010. "Long term implications of the ICT revolution: applying the lessons of growth theory and growth accounting," LSE Research Online Documents on Economics 49303, London School of Economics and Political Science, LSE Library.
    19. Petrella, Ivan & Drechsel, Thomas & Antolin-Diaz, Juan, 2014. "Following the Trend: Tracking GDP when Long-Run Growth is Uncertain," CEPR Discussion Papers 10272, C.E.P.R. Discussion Papers.
    20. Karl Whelan, 2004. "New evidence on balanced growth, stochastic trends, and economic fluctuations," Open Access publications 10197/218, School of Economics, University College Dublin.
    21. Francesca Marino, 2016. "The Italian productivity slowdown in a Real Business Cycle perspective," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 63(2), pages 171-193, June.
    22. Danny Givon, 2006. "Factor Replacement versus Factor Substitution, Mechanization and Asymptotic Harrod Neutrality," DEGIT Conference Papers c011_028, DEGIT, Dynamics, Economic Growth, and International Trade.
    23. Kapetanios, George & Millard, Stephen & Petrova, Katerina & Price, Simon, 2019. "Time-varying cointegration and the UK great ratios," Bank of England working papers 789, Bank of England.
    24. Polbin, Andrey & Fokin, Nikita, 2017. "К Вопросу О Долгосрочной Взаимосвязи Реального Потребления Домохозяйств С Реальным Доходом В Рф [A note on cointegration relationship between real consumption and real income in Russia]," MPRA Paper 82451, University Library of Munich, Germany, revised Nov 2017.
    25. Marquis, Milton H. & Trehan, Bharat, 2008. "On using relative prices to measure capital-specific technological progress," Journal of Macroeconomics, Elsevier, vol. 30(4), pages 1390-1406, December.
    26. Attfield, Cliff & Temple, Jonathan R.W., 2010. "Balanced growth and the great ratios: New evidence for the US and UK," Journal of Macroeconomics, Elsevier, vol. 32(4), pages 937-956, December.
    27. Jakub Growiec, 2009. "Determinants of the Labor Share: Evidence from a Panel of Firms," NBP Working Papers 69, Narodowy Bank Polski.
    28. Charles I. Jones, 2015. "The Facts of Economic Growth," NBER Working Papers 21142, National Bureau of Economic Research, Inc.
    29. Susanto Basu & John G. Fernald, 2009. "What do we know (and not know) about potential output?," Review, Federal Reserve Bank of St. Louis, vol. 91(Jul), pages 187-214.
    30. Oliner, Stephen D. & Sichel, Daniel E., 2003. "Information technology and productivity: where are we now and where are we going?," Journal of Policy Modeling, Elsevier, vol. 25(5), pages 477-503, July.
    31. Ngai, L. Rachel & Samaniego, Roberto M., 2008. "Mapping prices into productivity in multisector growth models," LSE Research Online Documents on Economics 19579, London School of Economics and Political Science, LSE Library.
    32. Acconcia, Antonio & Simonelli, Saverio, 2008. "Interpreting aggregate fluctuations looking at sectors," Journal of Economic Dynamics and Control, Elsevier, vol. 32(9), pages 3009-3031, September.
    33. Peter Ireland & Scott Schuh, 2008. "Productivity and U.S. Macroeconomic Performance: Interpreting the Past and Predicting the Future with a Two-Sector Real Business Cycle Model," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 11(3), pages 473-492, July.
    34. Bishnu, Monisankar & Ghate, Chetan & Gopalakrishnan, Pawan, 2016. "Factor income taxation, growth, and investment specific technological change," Economic Modelling, Elsevier, vol. 57(C), pages 133-152.
    35. Evangelia Vourvachaki, 2006. "Information and Communication Technologies in a Multi-Sector Endogenous Growth Model," CEP Discussion Papers dp0750, Centre for Economic Performance, LSE.
    36. Moura, Alban, 2020. "Total factor productivity and the measurement of neutral technology," MPRA Paper 99357, University Library of Munich, Germany.
    37. Charles I. Jones, 2004. "The Shape of Production Function and the Direction of Technical Change," NBER Working Papers 10457, National Bureau of Economic Research, Inc.
    38. Tang, Jenn-Hong, 2007. "Gross job flows and technology shocks in nondurable and durable goods sectors," Journal of Macroeconomics, Elsevier, vol. 29(2), pages 326-354, June.
    39. Oulton, Nicholas, 2017. "The mystery of TFP," LSE Research Online Documents on Economics 86168, London School of Economics and Political Science, LSE Library.
    40. Michael P. Clements, 2014. "Long-Run Restrictions and Survey Forecasts of Output, Consumption and Investment," ICMA Centre Discussion Papers in Finance icma-dp2014-02, Henley Business School, University of Reading.
    41. Chen, Been-Lon & Hsu, Yu-Shan & Mino, Kazuo, 2015. "Welfare Implications And Equilibrium Indeterminacy In A Two-Sector Growth Model With Consumption Externalities," Macroeconomic Dynamics, Cambridge University Press, vol. 19(3), pages 535-577, April.
    42. Francesco VENTURINI, 2008. "Information Technology, Research & Development, or Both? What Really Drives A Nation's Productivity," Working Papers 321, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
    43. Rochelle M. Edge & Michael T. Kiley & Jean-Philippe Laforte, 2010. "A comparison of forecast performance between Federal Reserve staff forecasts, simple reduced-form models, and a DSGE model," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 25(4), pages 720-754.
    44. Solis-Garcia, Mario & Xie, Yingtong, 2017. "Measuring the size of the shadow economy using a dynamic general equilibrium model with trends," MPRA Paper 78968, University Library of Munich, Germany, revised 05 May 2017.
    45. Charles Engel & Jian Wang, 2008. "International Trade in Durable Goods: Understanding Volatility, Cyclicality, and Elasticities," NBER Working Papers 13814, National Bureau of Economic Research, Inc.
    46. Moura, Alban, 2021. "Are neutral and investment-specific technology shocks correlated?," European Economic Review, Elsevier, vol. 139(C).
    47. Oliner, Stephen D. & Sichel, Daniel E., 2005. "Les technologies de l’information et la productivité : situation actuelle et perspectives d’avenir," L'Actualité Economique, Société Canadienne de Science Economique, vol. 81(1), pages 339-400, Mars-Juin.
    48. Edge, Rochelle M. & Kiley, Michael T. & Laforte, Jean-Philippe, 2008. "Natural rate measures in an estimated DSGE model of the U.S. economy," Journal of Economic Dynamics and Control, Elsevier, vol. 32(8), pages 2512-2535, August.
    49. Paul Beaudry & Fabrice Collard, 2006. "Gold rush fever in business cycles," 2006 Meeting Papers 8, Society for Economic Dynamics.
    50. Jorge Durán & Omar Licandro & Luis A. Puch, 2006. "Sobre la medición del crecimiento económico en presencia de progreso técnico incorporado," Working Papers 2006-24, FEDEA.
    51. Ma, Xiaohan & Samaniego, Roberto, 2022. "Business cycle dynamics when neutral and investment-specific technology shocks are imperfectly observable," Journal of Mathematical Economics, Elsevier, vol. 101(C).
    52. Seunghoon Na & Hyunseung Oh, 2020. "Computerizing Households and the Role of Investment-Specific Productivity in Business Cycles," International Finance Discussion Papers 1292, Board of Governors of the Federal Reserve System (U.S.).
    53. Takuji Fueki & Ichiro Fukunaga & Hibiki Ichiue & Toyoichiro Shirota, 2010. "Measuring Potential Growth with an Estimated DSGE Model of Japan's Economy," Bank of Japan Working Paper Series 10-E-13, Bank of Japan.
    54. Jorge Durán & Omar Licandro, 2012. "Is the GDP Growth Rate in NIPA a Welfare Measure?," Working Papers 665, Barcelona School of Economics.
    55. Mehdi Senouci, 2012. "Technical change in a neoclassical two-sector model of optimal growth," PSE Working Papers halshs-00589627, HAL.
    56. Peter N. Ireland, 2009. "On the Welfare Cost of Inflation and the Recent Behavior of Money Demand," American Economic Review, American Economic Association, vol. 99(3), pages 1040-1052, June.
    57. Barañano, Ilaski & Romero-Ávila, Diego, 2015. "Long-term growth and persistence with obsolescence," Economic Modelling, Elsevier, vol. 51(C), pages 328-339.
    58. Yuta Takahashi & Naoki Takayama, 2021. "Firm Growth, Financial Constraints, andPolicy-Based Finance," CIRJE F-Series CIRJE-F-1171, CIRJE, Faculty of Economics, University of Tokyo.
    59. Polbin, Andrey & Kuroedova, Anastasiia, 2020. "Long-run relationship between real consumption and real income in the Russian Federation: An ARDL bounds testing approach," MPRA Paper 103981, University Library of Munich, Germany.
    60. Zanetti, Francesco, 2008. "Labor and investment frictions in a real business cycle model," Journal of Economic Dynamics and Control, Elsevier, vol. 32(10), pages 3294-3314, October.
    61. Michael Clements, 2016. "Are Macro-Forecasters Essentially The Same? An Analysis of Disagreement, Accuracy and Efficiency," ICMA Centre Discussion Papers in Finance icma-dp2016-08, Henley Business School, University of Reading.
    62. Jorge Durán & Omar Licandro, 2022. "Is the Output Growth Rate in NIPA a Welfare Measure?," Working Papers 1357, Barcelona School of Economics.
    63. Takahashi, Yuta & Takayama, Naoki, 2022. "Hidden Stagflation," Discussion Paper Series 733, Institute of Economic Research, Hitotsubashi University.
    64. Rochelle M. Edge & Michael T. Kiley & Jean-Philippe Laforte, 2007. "Documentation of the Research and Statistics Division’s estimated DSGE model of the U.S. economy: 2006 version," Finance and Economics Discussion Series 2007-53, Board of Governors of the Federal Reserve System (U.S.).
    65. Lee,Yoonsoo, 2020. "Long-Term Shifts in Korean Manufacturing and Plant-Level Productivity Dynamics," Policy Research Working Paper Series 9279, The World Bank.
    66. Charles Engel & Jian Wang, 2007. "International trade in durable goods: understanding volatility, cyclicality, and elastics," Globalization Institute Working Papers 03, Federal Reserve Bank of Dallas.
    67. Kieran McQuinn & Karl Whelan, 2007. "Conditional convergence and the dynamics of the capital-output ratio," Journal of Economic Growth, Springer, vol. 12(2), pages 159-184, June.
    68. Marquis, Milton & Trehan, Bharat, 2010. "Relative productivity growth and the secular "decline" of U.S. manufacturing," The Quarterly Review of Economics and Finance, Elsevier, vol. 50(1), pages 67-74, February.
    69. Nicholas Oulton, 2004. "Productivity Versus Welfare; Or GDP Versus Weitzman's NDP," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 50(3), pages 329-355, September.
    70. Oulton, Nicholas, 2007. "Investment-specific technological change and growth accounting," Journal of Monetary Economics, Elsevier, vol. 54(4), pages 1290-1299, May.
    71. Ejargque, Joao & McKnight, Stephen, 2006. "Can we identify the relative price between consumption and investment?," Economics Discussion Papers 8904, University of Essex, Department of Economics.
    72. D'Alessandro, Simone & Salvadori, Neri, 2008. "Pasinetti versus Rebelo: Two different models or just one?," Journal of Economic Behavior & Organization, Elsevier, vol. 65(3-4), pages 547-554, March.
    73. Kapetanios, George & Millard, Stephen & Petrova, Katerina & Price, Simon, 2020. "Time-varying cointegration with an application to the UK Great Ratios," Economics Letters, Elsevier, vol. 193(C).
    74. Kuang, Pei & Tang, Li & Zhang, Renbin & Zhang, Tongbin, 2022. "Forecast disagreement about long-run macroeconomic relationships," Journal of Economic Behavior & Organization, Elsevier, vol. 200(C), pages 371-387.

  50. Stacey Tevlin & Karl Whelan, 2000. "Explaining the investment boom of the 1990s," Finance and Economics Discussion Series 2000-11, Board of Governors of the Federal Reserve System (U.S.).

    Cited by:

    1. Balázs Égert, 2017. "Regulation, Institutions and Aggregate Investment: New Evidence from OECD Countries," EconomiX Working Papers 2017-17, University of Paris Nanterre, EconomiX.
    2. Chirinko, Robert S., 2008. "[sigma]: The long and short of it," Journal of Macroeconomics, Elsevier, vol. 30(2), pages 671-686, June.
    3. Karl WHELAN, 2002. "Some New Economy Lessons for Macroeconomists," Discussion Papers (REL - Recherches Economiques de Louvain) 2002012, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    4. Kiley, Michael T., 2001. "Computers and growth with frictions: aggregate and disaggregate evidence," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 55(1), pages 171-215, December.
    5. Renee van Eyden & Goodness C. Aye & Rangan Gupta, 2012. "Predictive Ability of Competing Models for South Africa’s Fixed Business Non- Residential Investment Spending," Working Papers 201229, University of Pretoria, Department of Economics.
    6. Nalewaik, Jeremy & Pinto, Eugénio, 2015. "The response of capital goods shipments to demand over the business cycle," Journal of Macroeconomics, Elsevier, vol. 43(C), pages 62-80.
    7. Bruno de Oliveira Cruz & Raouf Boucekkine, 2006. "Technological Progress and Investment Microeconomic Foundations and Macroeconomic Implications," Discussion Papers 1170, Instituto de Pesquisa Econômica Aplicada - IPEA.
    8. Raouf Boucekkine & Bruno de Oliveira Cruz, 2015. "Technological Progress and Investment: A Non-Technical Survey," Working Papers halshs-01145485, HAL.
    9. Attfield, Cliff & Temple, Jonathan R.W., 2010. "Balanced growth and the great ratios: New evidence for the US and UK," Journal of Macroeconomics, Elsevier, vol. 32(4), pages 937-956, December.
    10. Gilbert Cette & Jimmy Lopez, 2012. "ICT demand behaviour: an international comparison," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 21(4), pages 397-410, June.
    11. Karl Whelan, 2000. "A guide to the use of chain aggregated NIPA data," Open Access publications 10197/253, School of Economics, University College Dublin.
    12. Belousova, Irina, 2017. "The role of endogenous capital depreciation rate in Dynamic Stochastic General Equilibrium models: Evidence from Canada," MPRA Paper 102036, University Library of Munich, Germany.
    13. Arthur Grimes, 2009. "Capital intensity and welfare: traded and non-trade sector determinants," New Zealand Economic Papers, Taylor & Francis Journals, vol. 43(1), pages 21-39.
    14. Lynne Cockerell & Steven Pennings, 2007. "Private Business Investment in Australia," RBA Research Discussion Papers rdp2007-09, Reserve Bank of Australia.
    15. Tai-Kuang Ho & Kuo-Chun Yeh, 2014. "The Post-Asian Crisis Drop In Investment: The Cases Of Indonesia, Korea, Malaysia, And Thailand," Contemporary Economic Policy, Western Economic Association International, vol. 32(3), pages 618-638, July.
    16. Balázs Egert, 2021. "Investment in OECD Countries: a Primer," Post-Print hal-03252923, HAL.
    17. Romain Duval, 2000. "Quel crédit accorder à la « nouvelle économie » américaine ?," Économie et Statistique, Programme National Persée, vol. 339(1), pages 15-44.
    18. Steven A. Sharpe & Gustavo A. Suarez, 2013. "The insensitivity of investment to interest rates: Evidence from a survey of CFOs," Finance and Economics Discussion Series 2014-2, Board of Governors of the Federal Reserve System (U.S.).
    19. Michael Ball, 2003. "Is there an office replacement cycle?," Journal of Property Research, Taylor & Francis Journals, vol. 20(2), pages 173-189, January.
    20. Bessler, David A. & Leatham, David J. & Yang, Juan, 2005. "In Search of the "Bank Lending Channel": Causality Analysis for the Transmission Mechanism of U.S. Monetary Policy," 2005 Annual meeting, July 24-27, Providence, RI 19558, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    21. Michael McMahon & Gabriel Sterne & Jamie Thompson, 2005. "The role of ICT in the global investment cycle," Bank of England working papers 257, Bank of England.
    22. Steven Pennings & Rod Tyers, 2008. "Increasing Returns, Financial Capital Mobility and Real Exchange Rate Dynamics," The Economic Record, The Economic Society of Australia, vol. 84(s1), pages 141-158, September.
    23. Simon Gilchrist & Egon Zakrajsek, 2007. "Investment and the Cost of Capital: New Evidence from the Corporate Bond Market," NBER Working Papers 13174, National Bureau of Economic Research, Inc.
    24. Albonico, Alice & Kalyvitis, Sarantis & Pappa, Evi, 2014. "Capital maintenance and depreciation over the business cycle," Journal of Economic Dynamics and Control, Elsevier, vol. 39(C), pages 273-286.
    25. Coulibaly Brahima & Millar Jonathan N., 2011. "The "Elusive" Capital-User Cost Elasticity Revisited," The B.E. Journal of Macroeconomics, De Gruyter, vol. 11(1), pages 1-41, September.
    26. Jeremy J. Nalewaik & Eugénio Pinto, 2012. "The response of capital goods shipments to demand over the business cycle," Finance and Economics Discussion Series 2012-30, Board of Governors of the Federal Reserve System (U.S.).
    27. Russell E. Triplett & Nilufer Ozdemir & Paul M. Mason, 2022. "Structural Change in the Investment Function," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 46(1), pages 220-236, January.
    28. Walch, Florian & Dwenger, Nadja, 2011. "Tax Losses and Firm Investment: Evidence from Tax Statistics," VfS Annual Conference 2011 (Frankfurt, Main): The Order of the World Economy - Lessons from the Crisis 48699, Verein für Socialpolitik / German Economic Association.
    29. Seunghoon Na & Hyunseung Oh, 2020. "Computerizing Households and the Role of Investment-Specific Productivity in Business Cycles," International Finance Discussion Papers 1292, Board of Governors of the Federal Reserve System (U.S.).
    30. Jonathan McCarthy, 2001. "Equipment expenditures since 1995: the boom and the bust," Current Issues in Economics and Finance, Federal Reserve Bank of New York, vol. 7(Oct).
    31. Whelan, Karl, 2003. "A Two-Sector Approach to Modeling U.S. NIPA Data," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 35(4), pages 627-656, August.
    32. Barañano, Ilaski & Romero-Ávila, Diego, 2015. "Long-term growth and persistence with obsolescence," Economic Modelling, Elsevier, vol. 51(C), pages 328-339.
    33. Ellis, Colin & Simon Price, 2003. "UK Business Investment: Long-Run Elasticities and Short-Run Dynamics," Royal Economic Society Annual Conference 2003 73, Royal Economic Society.
    34. Karl Whelan, 2000. "Balanced growth revisited : a two-sector model of economic growth," Open Access publications 10197/247, School of Economics, University College Dublin.
    35. Lecca, Patrizio & Persyn, Damiaan & Sakkas, Stelios, 2023. "Capital-skill complementarity and regional inequality: A spatial general equilibrium analysis," Regional Science and Urban Economics, Elsevier, vol. 102(C).
    36. Faria, Joao Ricardo & Mollick, Andre Varella, 2010. "Tobin's q and U.S. inflation," Journal of Economics and Business, Elsevier, vol. 62(5), pages 401-418, September.
    37. Gianfranco E. Atzeni & Oliviero A. Carboni, 2006. "The Effects of Subsidies on Investment: an Empirical Evaluation on ICT in Italy," Revue de l'OFCE, Presses de Sciences-Po, vol. 97(5), pages 279-302.
    38. Balázs Egert, 2017. "Regulation, Institutions and Productivity: New Macroeconomic Evidence From OECD Countries," Working Papers hal-04141655, HAL.
    39. Fatica, Serena, 2017. "Business capital accumulation and the user cost: is there a heterogeneity bias?," Working Papers 2017-11, Joint Research Centre, European Commission.
    40. Hasan Bakhshi & Nicholas Oulton & Jamie Thompson, 2003. "Modelling investment when relative prices are trending: theory and evidence for the United Kingdom," Bank of England working papers 189, Bank of England.
    41. Mark E. Wohar & David E. Rapach, 2007. "Forecasting the recent behavior of US business fixed investment spending: an analysis of competing models This is a significantly revised version of our previous paper, 'Forecasting US Business Fixed ," Journal of Forecasting, John Wiley & Sons, Ltd., vol. 26(1), pages 33-51.
    42. Sylvain Martel, 2005. "Y a-t-il eu surinvestissement au Canada durant la seconde moitié des années 1990?," Staff Working Papers 05-5, Bank of Canada.
    43. Elena Crivellaro & Aikaterini Karadimitropoulou, 2019. "The role of financial constraints on labour share developments: macro- and micro-level evidence," Working Papers 257, Bank of Greece.
    44. Mark Lasky, 2007. "Output, Investment, and Growth in a World of Putty-Clay: Working Paper 2007-07," Working Papers 18701, Congressional Budget Office.
    45. Steven A. Sharpe & Gustavo A. Suarez, 2021. "Why Isn’t Business Investment More Sensitive to Interest Rates? Evidence from Surveys," Management Science, INFORMS, vol. 67(2), pages 720-741, February.
    46. Jonathan Temple & Cliff Attfield, 2004. "Measuring trend growth: how useful are the great ratios?," Money Macro and Finance (MMF) Research Group Conference 2003 101, Money Macro and Finance Research Group.

  51. Karl Whelan, 2000. "Real wage dynamics and the Phillips curve," Finance and Economics Discussion Series 2000-02, Board of Governors of the Federal Reserve System (U.S.).

    Cited by:

    1. Susanto Basu & John G. Fernald, 2009. "What do we know (and not know) about potential output?," Review, Federal Reserve Bank of St. Louis, vol. 91(Jul), pages 187-214.
    2. Alfonso Arpaia & Karl Pichelmann, 2007. "Nominal and real wage flexibility in EMU," European Economy - Economic Papers 2008 - 2015 281, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    3. García-Mainar , Inmaculada & Montuenga-Gómez , Víctor M., 2012. "Wage dynamics in Spain: evidence from individual data (1994-2001)," INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH, Asociación Española de Ciencia Regional, issue 24, pages 41-58.
    4. Campbell III, Carl M., 2008. "An efficiency wage approach to reconciling the wage curve and the Phillips curve," Labour Economics, Elsevier, vol. 15(6), pages 1388-1415, December.
    5. Rasmus Kattai, 2005. "EMMA - A Quarterly Model of the Estonian Economy," Bank of Estonia Working Papers 2005-12, Bank of Estonia, revised 12 Dec 2005.
    6. Víctor M. Montuenga‐Gómez & José M. Ramos‐Parreño, 2005. "Reconciling the Wage Curve and the Phillips Curve," Journal of Economic Surveys, Wiley Blackwell, vol. 19(5), pages 735-765, December.

  52. Karl Whelan, 2000. "Balanced growth revisited : a two-sector model of economic growth," Open Access publications 10197/247, School of Economics, University College Dublin.

    Cited by:

    1. Jones, Charles I., 2005. "Growth and Ideas," Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 1, chapter 16, pages 1063-1111, Elsevier.
    2. Attfield, Clifford & Temple, Jonathan, 2004. "Measuring Trend Output: How Useful Are the Great Ratios?," CEPR Discussion Papers 4796, C.E.P.R. Discussion Papers.
    3. Mitali Das, 2019. "Does the Exposure to Routinization Explain the Evolution of the Labor Share of Income? Evidence from Asia," ADB Institute Series on Development Economics, in: Gary Fields & Saumik Paul (ed.), Labor Income Share in Asia, chapter 0, pages 17-37, Springer.
    4. Frank Schorfheide & Francis X. Diebold & Marco Del Negro, 2008. "Priors from Frequency-Domain Dummy Observations," 2008 Meeting Papers 310, Society for Economic Dynamics.
    5. Das, Mitali & Hilgenstock, Benjamin, 2022. "The exposure to routinization: Labor market implications for developed and developing economies," Structural Change and Economic Dynamics, Elsevier, vol. 60(C), pages 99-113.
    6. Jonathan Temple & Cliff Attfield, 2004. "Measuring trend growth: how useful are the great ratios?," Money Macro and Finance (MMF) Research Group Conference 2003 101, Money Macro and Finance Research Group.

  53. Karl Whelan, 2000. "A guide to the use of chain aggregated NIPA data," Finance and Economics Discussion Series 2000-35, Board of Governors of the Federal Reserve System (U.S.).

    Cited by:

    1. Karen E. Dynan & Douglas W. Elmendorf, 2001. "Do provisional estimates of output miss economic turning points?," Finance and Economics Discussion Series 2001-52, Board of Governors of the Federal Reserve System (U.S.).
    2. Vijselaar, Focco & Backé, Peter, 2002. "New technologies and productivity growth in the euro area," Working Paper Series 122, European Central Bank.
    3. Karl WHELAN, 2002. "Some New Economy Lessons for Macroeconomists," Discussion Papers (REL - Recherches Economiques de Louvain) 2002012, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    4. Irvine, F. Owen & Schuh, Scott, 2005. "Inventory investment and output volatility," International Journal of Production Economics, Elsevier, vol. 93(1), pages 75-86, January.
    5. Diane Coyle & Jen‐Chung Mei, 2023. "Diagnosing the UK productivity slowdown: which sectors matter and why?," Economica, London School of Economics and Political Science, vol. 90(359), pages 813-850, July.
    6. Jason G. Cummins & Giovanni L. Violante, 2002. "Investment-specific technical change in the US (1947-2000): measurement and macroeconomics consequences," Finance and Economics Discussion Series 2002-10, Board of Governors of the Federal Reserve System (U.S.).
    7. Hirokazu Ishise Nao Sudo, 2013. "Inventory-Theoretic Money Demand and Relative Price Dynamics," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 45(2-3), pages 299-326, March.
    8. Eo, Yunjong & Morley, James C., 2008. "Likelihood-Based Confidence Sets for the Timing of Structural Breaks," MPRA Paper 10372, University Library of Munich, Germany.
    9. Tenreyro, Silvana & Thwaites, Gregory, 2016. "Pushing on a string: US monetary policy is less powerful in recessions," LSE Research Online Documents on Economics 69214, London School of Economics and Political Science, LSE Library.
    10. Jun Ma & Mark E. Wohar, 2013. "An Unobserved Components Model that Yields Business and Medium‐Run Cycles," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 45(7), pages 1351-1373, October.
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    Cited by:

    1. Karl Aiginger & Michael Landesmann, 2002. "Competitive Economic Performance: The European View," WIFO Working Papers 179, WIFO.
    2. BOUCEKKINE, Raouf & DE LA CROIX, David & LICANDRO, Omar, 2006. "Vintage capital," LIDAM Discussion Papers CORE 2006024, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    3. Jonathan Temple, 2002. "The Assessment: The New Economy," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 18(3), pages 241-264.
    4. Hashmat Khan & Marjorie Santos, 2002. "Contribution of ICT Use to Output and Labour-Productivity Growth in Canada," Staff Working Papers 02-7, Bank of Canada.
    5. Boucekkine, Raouf & de la Croix, David, 2003. "Information technologies, embodiment and growth," Journal of Economic Dynamics and Control, Elsevier, vol. 27(11), pages 2007-2034.
    6. Kieran Mc Morrow & Werner Roeger, 2001. "Potential Output: Measurement Methods, "New" Economy Influences and Scenarios for 2001-2010 - A comparison of the EU-15 and the US," European Economy - Economic Papers 2008 - 2015 150, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    7. Fabrice Gilles & Yannick L’Horty, 2001. "Le paradoxe de la productivité en France et aux Etats-Unis : Une réevaluation," Documents de recherche 01-05, Centre d'Études des Politiques Économiques (EPEE), Université d'Evry Val d'Essonne.
    8. Karl WHELAN, 2002. "Some New Economy Lessons for Macroeconomists," Discussion Papers (REL - Recherches Economiques de Louvain) 2002012, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    9. Jason G. Cummins & Giovanni L. Violante, 2002. "Investment-specific technical change in the US (1947-2000): measurement and macroeconomics consequences," Finance and Economics Discussion Series 2002-10, Board of Governors of the Federal Reserve System (U.S.).
    10. Marattin, Luigi & Salotti, Simone, 2011. "Productivity and per capita GDP growth: The role of the forgotten factors," Economic Modelling, Elsevier, vol. 28(3), pages 1219-1225, May.
    11. Dale W. Jorgenson & Mun S. Ho & Kevin J. Stiroh, 2008. "A Retrospective Look at the U.S. Productivity Growth Resurgence," Journal of Economic Perspectives, American Economic Association, vol. 22(1), pages 3-24, Winter.
    12. Susanto Basu & John G. Fernald & Matthew D. Shapiro, 2001. "Productivity growth in the 1990s: technology, utilization, or adjustment," Working Paper Series WP-01-04, Federal Reserve Bank of Chicago.
    13. Robert W. Fairlie, 2006. "The Personal Computer and Entrepreneurship," Management Science, INFORMS, vol. 52(2), pages 187-203, February.
    14. BOUCEKKINE, Raouf & FABBRI, Giorgio & GOZZI, Fausto, 2010. "Maintenance and investment: complements or substitutes? A reappraisal," LIDAM Reprints CORE 2333, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    15. Raouf Boucekkine & David De la Croix & Omar Licandro, 2011. "Vintage Capital Growth Theory: Three Breakthroughs," Working Papers 565, Barcelona School of Economics.
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    19. Karl Whelan, 2003. "Embodiment, productivity, and the age distribution of capital," Open Access publications 10197/240, School of Economics, University College Dublin.
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    21. Abdur Chowdhury, 2003. "Information technology and productivity payoff in the banking industry: evidence from the emerging markets," Journal of International Development, John Wiley & Sons, Ltd., vol. 15(6), pages 693-708.
    22. Sakellaris, Plutarchos & Vijselaar, Focco, 2004. "Capital quality improvement and the sources of growth in the euro area," Working Paper Series 368, European Central Bank.
    23. David Souder & Greg Reilly & Philip Bromiley & Scott Mitchell, 2016. "A Behavioral Understanding of Investment Horizon and Firm Performance," Organization Science, INFORMS, vol. 27(5), pages 1202-1218, October.
    24. Karl Whelan, 2000. "A guide to the use of chain aggregated NIPA data," Open Access publications 10197/253, School of Economics, University College Dublin.
    25. Mattalia, Claudio, 2013. "Embodied technological change and technological revolution: Which sectors matter?," Journal of Macroeconomics, Elsevier, vol. 37(C), pages 249-264.
    26. Maria Abreu & Henri L.F. de Groot & Raymond J.G.M. Florax, 2004. "Spatial Patterns of Technology Diffusion: An Empirical Analysis using TFP," Tinbergen Institute Discussion Papers 04-079/3, Tinbergen Institute.
    27. Groth, Christian & Wendner, Ronald, 2014. "Embodied learning by investing and speed of convergence," Journal of Macroeconomics, Elsevier, vol. 40(C), pages 245-269.
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    30. Romain Duval, 2000. "Quel crédit accorder à la « nouvelle économie » américaine ?," Économie et Statistique, Programme National Persée, vol. 339(1), pages 15-44.
    31. Raouf, BOUCEKKINE & Fernando, DEL RIO & Blanca, MARTINEZ, 2006. "Technological Progress, Obsolescence and Depreciation," Discussion Papers (ECON - Département des Sciences Economiques) 2006015, Université catholique de Louvain, Département des Sciences Economiques.
    32. Alexander Murray, 2017. "What Explains the Post-2004 U.S.Productivity Slowdown?," CSLS Research Reports 2017-05, Centre for the Study of Living Standards.
    33. Arvanitidis, Paschalis & Petrakos, George, 2007. "Characteristics of Dynamic Regions in the World Economy: Defining Knowledge-Driven Economic Dynamism," Papers DYNREG19, Economic and Social Research Institute (ESRI).
    34. Jean-Paul Fitoussi & Hélène Baudchon & Jérôme Creel & Jean-Luc Gaffard & Eloi Laurent & Jacques Le Cacheux & Patrick Musso & Michel Aglietta & Vladimir Borgy & Jean Chateau & Michel Juillard & Gilles , 2005. "Potential Growth in the EU : Prospects from Technical Progress and Eastern Enlargment," SciencePo Working papers Main hal-03458887, HAL.
    35. Kevin J. Stiroh, 2001. "Information technology and the U.S. productivity revival: what do the industry data say?," Staff Reports 115, Federal Reserve Bank of New York.
    36. John Laitner & Dmitriy Stolyarov, 2003. "Technological Change and the Stock Market," American Economic Review, American Economic Association, vol. 93(4), pages 1240-1267, September.
    37. Kevin J. Stiroh, 2001. "Is IT Driving the U.S. Productivity Revival?," International Productivity Monitor, Centre for the Study of Living Standards, vol. 2, pages 31-36, Spring.
    38. Christian Dahl & Hans Kongsted & Anders Sørensen, 2011. "ICT and productivity growth in the 1990s: panel data evidence on Europe," Empirical Economics, Springer, vol. 40(1), pages 141-164, February.
    39. Chen, Derek H. C. & Dahlman, Carl J., 2004. "Knowledge and development : a cross-section approach," Policy Research Working Paper Series 3366, The World Bank.
    40. Hung, Juann & Salomon, Matt & Sowerby, Stacia, 2004. "International trade and US productivity," Research in International Business and Finance, Elsevier, vol. 18(1), pages 1-25, April.
    41. Argandoña, Antonio, 2001. "Nueva economía y el crecimiento económico, La," IESE Research Papers D/437, IESE Business School.
    42. Simon, John & Wright, Sharon, 2005. "L’utilisation des technologies de l’information et sa contribution à la croissance en Australie," L'Actualité Economique, Société Canadienne de Science Economique, vol. 81(1), pages 165-202, Mars-Juin.
    43. George Bitros, 2010. "The theorem of proportionality in contemporary capital theory: An assessment of its conceptual foundations," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 23(4), pages 367-401, December.
    44. Cigan, Heidi, 2002. "The internet's contribution to progress and growth in Germany: The economic impact of the internet and the price structure of access," HWWA Reports 216, Hamburg Institute of International Economics (HWWA).
    45. Kevin J. Stiroh, 2001. "Investing in information technology: productivity payoffs for U.S. industries," Current Issues in Economics and Finance, Federal Reserve Bank of New York, vol. 7(Jun).
    46. Nicholas Crafts & Mary O'Mahony, 2001. "A perspective on UK productivity performance," Fiscal Studies, Institute for Fiscal Studies, vol. 22(3), pages 271-306, September.
    47. Thomas Anderson, 2001. "Changing Patterns and Determinants of Growth," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 2(03), pages 23-28, October.
    48. Hiau Looi Kee & Chen, Derek H. C., 2005. "A model on knowledge and endogenous growth," Policy Research Working Paper Series 3539, The World Bank.
    49. Albonico, Alice & Kalyvitis, Sarantis & Pappa, Evi, 2014. "Capital maintenance and depreciation over the business cycle," Journal of Economic Dynamics and Control, Elsevier, vol. 39(C), pages 273-286.
    50. Matilde Mas, 2012. "Productivity in the Advanced Countries: From Expansion to Crisis," Chapters, in: Matilde Mas & Robert Stehrer (ed.), Industrial Productivity in Europe, chapter 1, Edward Elgar Publishing.
    51. Oliner, Stephen D. & Sichel, Daniel E., 2005. "Les technologies de l’information et la productivité : situation actuelle et perspectives d’avenir," L'Actualité Economique, Société Canadienne de Science Economique, vol. 81(1), pages 339-400, Mars-Juin.
    52. L. Marattin & S. Salotti, 2009. "A Note on Productivity and Per Capita GDP Growth: the Role of the Forgotten Factors," Working Papers 667, Dipartimento Scienze Economiche, Universita' di Bologna.
    53. Marianne P. Bitler, 2001. "Small business and computers: adoption and performance," Working Paper Series 2001-15, Federal Reserve Bank of San Francisco.
    54. Omar Khalil & Laila Marouf, 2017. "A Cultural Interpretation of Nations’ Readiness for Knowledge Economy," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 8(1), pages 97-126, March.
    55. Nicholas Oulton & Sylaja Srinivasan, 2003. "Capital stocks, capital services, and depreciation: an integrated framework," Bank of England working papers 192, Bank of England.
    56. Werner Roeger, 2001. "The contribution of information and communication technologies to growth in Europe and the US: A macroeconomic analysis," European Economy - Economic Papers 2008 - 2015 147, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    57. Ryo Kato & Hironori Ishizaki, 2003. "Measuring Productivity Growth over the 90s: Is the New Economy Still Alive?," Bank of Japan Working Paper Series International Department,, Bank of Japan.
    58. Nicholas Oulton, 2001. "ICT and productivity growth in the United Kingdom," Bank of England working papers 140, Bank of England.
    59. Cigan, Heidi, 2002. "The Internet's Contribution to Progress and Growth in Germany: The Economic Impact of the Internet and the Price Structure of Access," Report Series 26072, Hamburg Institute of International Economics.
    60. Crafts, Nicholas, 2002. "The Solow Productivity Paradox in Historical Perspective," CEPR Discussion Papers 3142, C.E.P.R. Discussion Papers.
    61. M. G. Quibria & Ted Tschang & Mari-Len Reyes-Macasaquit, 2002. "New Information and Communication Technologies and Poverty: Some evidence from developing Asia," Journal of the Asia Pacific Economy, Taylor & Francis Journals, vol. 7(3), pages 285-309.
    62. Pakko Michael R., 2005. "Changing Technology Trends, Transition Dynamics, and Growth Accounting," The B.E. Journal of Macroeconomics, De Gruyter, vol. 5(1), pages 1-42, December.
    63. Reikard, Gordon, 2005. "Endogenous technical advance and the stochastic trend in output: A neoclassical approach," Research Policy, Elsevier, vol. 34(10), pages 1476-1490, December.
    64. Francisco-Javier Escribá-Pérez & María-José Murgui-García & José-Ramón Ruiz-Tamarit, 2022. "The devil is in the details: Capital stock estimation and aggregate productivity growth—An application to the Spanish economy," Portuguese Economic Journal, Springer;Instituto Superior de Economia e Gestao, vol. 21(1), pages 31-50, January.
    65. Claudio MATTALIA, 2002. "Information Technologies, Economic Growth and Productivity Shocks," LIDAM Discussion Papers IRES 2002026, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    66. Yoshihito Saito, 2001. "The Contribution of Information Technology to Productivity Growth -International Comparison-," Bank of Japan Working Paper Series International Department,, Bank of Japan.
    67. Hassler, John & Krusell, Per & Storesletten, Kjetil & Zilibotti, Fabrizio, 2008. "On the optimal timing of capital taxes," Journal of Monetary Economics, Elsevier, vol. 55(4), pages 692-709, May.
    68. Buchner, Barbara K. & Roson, Roberto, 2002. "Conflicting Perspectives in Trade and Environmental Negotiations," Conference papers 330990, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    69. Raouf Boucekkine & David de La Croix & Omar Licandro, 2011. "Vintage capital theory: Three breakthroughs," Working Papers halshs-00599074, HAL.
    70. Chen, Derek H.C., 2004. "Gender equality and economic development : the role for information and communication technologies," Policy Research Working Paper Series 3285, The World Bank.
    71. Miguel A. León-Ledesma & Peter McAdam & Alpo Willman, 2015. "Production Technology Estimates and Balanced Growth," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 77(1), pages 40-65, February.
    72. James Bessen, 2002. "Technology Adoption Costs and Productivity Growth: The Transition to Information Technology," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 5(2), pages 443-469, April.
    73. Atzeni, Gianfranco E. & Carboni, Oliviero A., 2006. "ICT productivity and firm propensity to innovative investment: Evidence from Italian microdata," Information Economics and Policy, Elsevier, vol. 18(2), pages 139-156, June.
    74. Hasan Bakhshi & Jens Larsen, 2001. "Investment-specific technological progress in the United Kingdom," Bank of England working papers 129, Bank of England.
    75. F. J. Escribá-Pérez & M. J. Murgui-García & J. R. Ruiz-Tamarit, 2017. "Economic and Statistical Measurement of Physical Capital with an Application to the Spanish Economy," LIDAM Discussion Papers IRES 2017020, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    76. Raquel Ortega-Argilés, 2012. "The Transatlantic Productivity Gap: A Survey Of The Main Causes," Journal of Economic Surveys, Wiley Blackwell, vol. 26(3), pages 395-419, July.
    77. Sandoss Benabid & Gilles Grolleau, 2003. "Les nouvelles technologies de l'information et de la communication : un instrument potentiel au service de l'économie sociale ?," Innovations, De Boeck Université, vol. 17(1), pages 139-155.
    78. MacAuley, Molly K. & Palmer, Karen L. & Shih, Jhih-Shyang & Cline, Sarah A. & Holsinger, Heather, 2001. "Modeling the Costs and Environmental Benefits of Disposal Options for End-of-Life Electronic Equipment: The Case of Used Computer Monitors," Discussion Papers 10901, Resources for the Future.
    79. Bellone Flora, 2005. "IT adoption and spatial agglomeration - a model of cumulative adoption in a small open economy," ERSA conference papers ersa05p731, European Regional Science Association.
    80. Deli, Yota D., 2016. "Endogenous capital depreciation and technology shocks," Journal of International Money and Finance, Elsevier, vol. 69(C), pages 318-338.
    81. Quibria, mg & Tschang, Ted, 2001. "Information and communication Technology and Poverty: An Asian Perspective," MPRA Paper 2639, University Library of Munich, Germany, revised Jan 2001.
    82. Antonopoulos, Christos & Sakellaris, Plutarchos, 2009. "The contribution of Information and Communication Technology investments to Greek economic growth: An analytical growth accounting framework," Information Economics and Policy, Elsevier, vol. 21(3), pages 171-191, August.
    83. Cagri Saglam & Vladimir M. Veliov, 2008. "Role of Endogenous Vintage Specific Depreciation in the Optimal Behavior of Firms," International Journal of Economic Theory, The International Society for Economic Theory, vol. 4(3), pages 381-410, September.
    84. Hannes Leo, 2001. "ICT Investment and Growth of Output and Productivity," WIFO Working Papers 162, WIFO.
    85. Vincent BODART & Paul REDING, 2001. "Do Foreign Exchange Markets Matter Dor Industry Stock Returns ? An empirical investigation," LIDAM Discussion Papers IRES 2001016, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    86. Alessandra Colecchia & Paul Schreyer, 2002. "ICT Investment and Economic Growth in the 1990s: Is the United States a Unique Case? A Comparative Study of Nine OECD Countries," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 5(2), pages 408-442, April.

  55. Karl Whelan, 1999. "Tax incentives, material inputs, and the supply curve for capital equipment," Finance and Economics Discussion Series 1999-21, Board of Governors of the Federal Reserve System (U.S.).

    Cited by:

    1. Givens, Gregory & Reed, Robert, 2015. "Monetary Policy and Investment Dynamics: Evidence from Disaggregate Data," MPRA Paper 61495, University Library of Munich, Germany.
    2. Oliner, Stephen D. & Sichel, Daniel E., 2003. "Information technology and productivity: where are we now and where are we going?," Journal of Policy Modeling, Elsevier, vol. 25(5), pages 477-503, July.
    3. Robert S. Chirinko & Steven M. Fazzari & Andrew P. Meyer, 2004. "That Elusive Elasticity: A Long-Panel Approach to Estimating the Capital-Labor Substitution Elasticity," CESifo Working Paper Series 1240, CESifo.
    4. Oliner, Stephen D. & Sichel, Daniel E., 2005. "Les technologies de l’information et la productivité : situation actuelle et perspectives d’avenir," L'Actualité Economique, Société Canadienne de Science Economique, vol. 81(1), pages 339-400, Mars-Juin.
    5. Christopher L. House & Ana-Maria Mocanu & Matthew D. Shapiro, 2017. "Stimulus Effects of Investment Tax Incentives: Production versus Purchases," NBER Working Papers 23391, National Bureau of Economic Research, Inc.
    6. Samoilenko, Sergey & Osei-Bryson, Kweku-Muata, 2008. "An exploration of the effects of the interaction between ICT and labor force on economic growth in transition economies," International Journal of Production Economics, Elsevier, vol. 115(2), pages 471-481, October.
    7. Jesse Edgerton, 2011. "Estimating machinery supply elasticities using output price booms," Finance and Economics Discussion Series 2011-03, Board of Governors of the Federal Reserve System (U.S.).

  56. Karl Whelan, 1999. "Economic geography and the long-run effects of the Great Irish Famine," Open Access publications 10197/208, School of Economics, University College Dublin.

    Cited by:

    1. Gaia Narciso & Battista Severgnini & Gayane Vardanyan, 2020. "The long-run impact of historical shocks on the decision to migrate: Evidence from the Irish Migration," RF Berlin - CReAM Discussion Paper Series 2003, Rockwool Foundation Berlin (RF Berlin) - Centre for Research and Analysis of Migration (CReAM).
    2. Curran, Declan & Fröling, Maria, 2010. "Large-scale mortality shocks and the Great Irish Famine 1845-1852," Economic Modelling, Elsevier, vol. 27(5), pages 1302-1314, September.
    3. Stefan Mann & Daniel Erdin, 2007. "Towards a rural post‐work society," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 34(12), pages 904-913, October.
    4. Eren Arbatli & Leonardo Gokmen Gunes, 2017. "Minorities, Human Capital and Long-Run Development: Persistence of Armenian and Greek Influence in Turkey," HiCN Working Papers 251, Households in Conflict Network.
    5. Matteo Gomellini & Cormac Ó Gráda, 2011. "Outward and Inward Migrations in Italy: A Historical Perspective," Quaderni di storia economica (Economic History Working Papers) 08, Bank of Italy, Economic Research and International Relations Area.
    6. Fernihough, Alan, 2024. "Economic Geography and the Irish Border: A Market Access Approach," QBS Working Paper Series 2024/02, Queen's University Belfast, Queen's Business School.

  57. Karl Whelan, 1997. "Wage curve vs. Phillips curve: are there macroeconomic implications?," Finance and Economics Discussion Series 1997-51, Board of Governors of the Federal Reserve System (U.S.).

    Cited by:

    1. Shahbaz, Muhammad & Islam , Faridul & Shabbir, Muhammad Shahbaz, 2012. "Phillips Curve in a Small Open Economy: A Time Series Exploration of North Cyprus," Bangladesh Development Studies, Bangladesh Institute of Development Studies (BIDS), vol. 35(4), pages 113-130, December.
    2. Dobrescu, Emilian, 2006. "Macromodel of the Romanian market economy (version 2005)," MPRA Paper 35749, University Library of Munich, Germany.
    3. Olivier Jean Blanchard & Lawrence Katz, 1999. "Wage Dynamics: Reconciling Theory and Evidence," NBER Working Papers 6924, National Bureau of Economic Research, Inc.
    4. Javier G. Gómez-Pineda, 2003. "Wage Indexation, Inflation Inertia, and the Cost of Disinflation," Revista ESPE - Ensayos sobre Política Económica, Banco de la Republica de Colombia, vol. 21(43), pages 66-85, June.
    5. Laurence Ball, 1999. "Aggregate demand and Long-Run Unemployment," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 30(2), pages 189-252.
    6. Blanchflower, David G. & Oswald, Andrew J., 2005. "The Wage Curve Reloaded," IZA Discussion Papers 1665, Institute of Labor Economics (IZA).
    7. Dobrescu, Emilian, 2007. "Double Conditioned Potential Output," Working Papers of Institute for Economic Forecasting 070701, Institute for Economic Forecasting.
    8. Enrique López E. & Martha Misas A., 1998. "Un examen empírico de la curva de Phillips en Colombia," Revista ESPE - Ensayos sobre Política Económica, Banco de la Republica de Colombia, vol. 17(34), pages 39-87, December.
    9. Robert G. Murphy & Adam Rohde, 2014. "Rational Bias in Inflation Expectations," Boston College Working Papers in Economics 857, Boston College Department of Economics, revised 25 Oct 2015.
    10. Andrey Shilov & Joachim Mueller, 2008. "Wage curve: theory and empirics (in Russian)," Quantile, Quantile, issue 4, pages 93-100, March.
    11. Anil Kumar & Pia M. Orrenius, 2014. "A closer look at the Phillips curve using state-level data," Working Papers 1409, Federal Reserve Bank of Dallas.
    12. Ross Garnaut & David Vines, 2023. "Monetary Policy Mistakes and Remedies: An Assessment Following the RBA Review," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 56(3), pages 273-287, September.
    13. Dobrescu, Emilian, 2006. "Integration of macroeconomic behavioural relationships and the input-output block: Romanian modelling experience," MPRA Paper 35748, University Library of Munich, Germany.
    14. Daniel Aaronson & Daniel G. Sullivan, 2000. "Unemployment and wage growth: recent cross-state evidence," Economic Perspectives, Federal Reserve Bank of Chicago, vol. 25(Q II), pages 41-54.
    15. Pant, Hom & Warr, Peter, 2016. "Modelling Involuntary Unemployment in Applied GE Models," Conference papers 332799, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.

  58. John Bradley & Karl Whelan, 1992. "The Irish experience of monetary linkages with the United Kingdom and developments since joining the EMS," Open Access publications 10197/221, School of Economics, University College Dublin.

    Cited by:

    1. P. Honohan, 1997. "Currency board or central bank? Lessons from the Irish pound’s link with sterling, 1928-79," Banca Nazionale del Lavoro Quarterly Review, Banca Nazionale del Lavoro, vol. 50(200), pages 39-67.
    2. Bradley, John & Modesto, Leonor & Sosvilla-Rivero, Simon, 1995. "HERMIN : A macroeconometric modelling framework for the EU periphery," Economic Modelling, Elsevier, vol. 12(3), pages 221-247, July.
    3. Michael D. Bordo & Lars Jonung, 1999. "The Future of EMU: What Does the History of Monetary Unions Tell Us?," NBER Working Papers 7365, National Bureau of Economic Research, Inc.
    4. Bradley, John & Whelan, Karl, 1997. "The Irish expansionary fiscal contraction: A tale from one small European economy," Economic Modelling, Elsevier, vol. 14(2), pages 175-201, April.
    5. Bradley, John & Whelan, Karl & Wright, Jonathan, 1995. "HERMIN Ireland," Economic Modelling, Elsevier, vol. 12(3), pages 249-274, July.

  59. Karl Whelan, 1991. "Ricardian equivalence and the Irish consumption function : the evidence re-examined," Open Access publications 10197/215, School of Economics, University College Dublin.

    Cited by:

    1. Duggan, Delma & FitzGerald, John & Johnston, Justin & Kavanagh, Ella & FitzGerald, John & Honohan, Patrick, 1996. "Macroeconomic Response to Shocks," Book Chapters, in: Baker, Terence J. (ed.),Economic Implications for Ireland of EMU, chapter 5, pages 105-142, Economic and Social Research Institute (ESRI).
    2. Waqas, Muhammad & Awan, Masood Sarwar, 2011. "Are Pakistani Consumers Ricardian?," MPRA Paper 35375, University Library of Munich, Germany.
    3. Morgenroth, Edgar & FitzGerald, John & FitzGerald, John, 2006. "Summary and Conclusions," Book Chapters, in: Morgenroth, Edgar (ed.),Ex-Ante Evaluation of the Investment Priorities for the National Development Plan 2007-2013, chapter 24, pages 317-333, Economic and Social Research Institute (ESRI).
      • Baker, Terence J. & FitzGerald, John & Honohan, Patrick & FitzGerald, John & Honohan, Patrick, 1996. "Summary and Conclusions," Book Chapters, in: Baker, Terence J. (ed.),Economic Implications for Ireland of EMU, chapter 12, pages 339-352, Economic and Social Research Institute (ESRI).
    4. Waqas, Muhamad & Awan, Masood Sarwar & Aslam, Muhammad Amir, 2011. "We are living on the cost of our children," MPRA Paper 32044, University Library of Munich, Germany.
    5. Jerome Creel, 1998. "L'assainissement budgétaire au Danemark entre 1983 et 1986 : l'anti-mythe (in French)," Documents de Travail de l'OFCE 1998-02, Observatoire Francais des Conjonctures Economiques (OFCE).
    6. Baker, Terence J. & FitzGerald, John & Honohan, Patrick & FitzGerald, John & Honohan, Patrick, 1996. "Introduction," Book Chapters, in: Baker, Terence J. (ed.),Economic Implications for Ireland of EMU, chapter 1, pages 1-9, Economic and Social Research Institute (ESRI).
    7. Duggan, Delma & FitzGerald, John & Johnston, Justin & Kelly, Jane & FitzGerald, John & Honohan, Patrick, 1996. "The Macroeconomy in Stable Conditions," Book Chapters, in: Baker, Terence J. (ed.),Economic Implications for Ireland of EMU, pages 50-86, Economic and Social Research Institute (ESRI).
    8. Muhammad Waqas & Masood Sarwar Awan, 2012. "Exchange Rate, Interest Rate and Ricardian Equivalence Evidence from Pakistan," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 0(SS), pages 249-269.
    9. Kelly, Jane & FitzGerald, John & Honohan, Patrick, 1996. "The Tourism Sector," Book Chapters, in: Baker, Terence J. (ed.),Economic Implications for Ireland of EMU, chapter 11, pages 321-338, Economic and Social Research Institute (ESRI).
    10. Tomas Wroblowsky, 2007. "Explaining the Variability of Debt Neutrality Tests Results: A Meta-Analysis of Ricardian Equivalence," South-Eastern Europe Journal of Economics, Association of Economic Universities of South and Eastern Europe and the Black Sea Region, vol. 5(1), pages 7-24.
    11. T. D. Stanley, 1998. "New Wine in Old Bottles: A Meta‐Analysis of Ricardian Equivalence," Southern Economic Journal, John Wiley & Sons, vol. 64(3), pages 713-727, January.
    12. Baker, Terence J. & FitzGerald, John & Honohan, Patrick, 1996. "Economic Implications for Ireland of EMU," Research Series, Economic and Social Research Institute (ESRI), number PRS28, June.
    13. John FitzGerald & David Duffy & Diarmaid Smyth, 2000. "Managing an Economy Under EMU: The Case of Ireland," Papers WP127, Economic and Social Research Institute (ESRI).
    14. Baker, Terence J. & Duffy, David & Duggan, Delma & FitzGerald, John & Honohan, Patrick, 1996. "The Manufacturing Sector," Book Chapters, in: Baker, Terence J. (ed.),Economic Implications for Ireland of EMU, chapter 7, pages 174-221, Economic and Social Research Institute (ESRI).
    15. John FitzGerald, 2019. "Contributing to Macro-Economic Policy in Ireland," The Economic and Social Review, Economic and Social Studies, vol. 50(4), pages 613-623.
    16. FitzGerald, John & Honohan, Patrick & FitzGerald, John & Honohan, Patrick, 1996. "Overall Macroeconomic Assessment," Book Chapters, in: Baker, Terence J. (ed.),Economic Implications for Ireland of EMU, chapter 6, pages 143-169, Economic and Social Research Institute (ESRI).
    17. António Afonso, 2001. "Non-Keynesian Effects of Fiscal Policy in the EU-15," Working Papers Department of Economics 2001/07, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa.
    18. António Afonso, 2001. "Government indebtedness and european consumers behaviour," Working Papers Department of Economics 2001/12, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa.
    19. John FitzGerald, 2000. "Ireland's Failure-And Belated Convergence," Papers WP133, Economic and Social Research Institute (ESRI).
    20. Honohan, Patrick & FitzGerald, John & Honohan, Patrick, 1996. "Adapting to Regime Change," Book Chapters, in: Baker, Terence J. (ed.),Economic Implications for Ireland of EMU, pages 10-36, Economic and Social Research Institute (ESRI).

Articles

  1. Ellen Ryan & Karl Whelan, 2023. "A Model of QE, Reserve Demand, and the Money Multiplier," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 55(2-3), pages 407-439, March.
    See citations under working paper version above.
  2. Karl Whelan, 2022. "The past, present and future of euro area monetary-fiscal interactions," International Economics and Economic Policy, Springer, vol. 19(3), pages 557-579, July.
    See citations under working paper version above.
  3. Ryan, Ellen & Whelan, Karl, 2021. "Quantitative easing and the hot potato effect: Evidence from euro area banks," Journal of International Money and Finance, Elsevier, vol. 115(C).
    See citations under working paper version above.
  4. Karl Whelan, 2021. "Central banks and inflation: where do we stand and how did we get here?," European Journal of Economics and Economic Policies: Intervention, Edward Elgar Publishing, vol. 18(3), pages 310–330-3, December.
    See citations under working paper version above.
  5. Karl Whelan, 2019. "The Euro at 20: Successes, Problems, Progress and Threats," The Economic and Social Review, Economic and Social Studies, vol. 50(4), pages 725-750.
    See citations under working paper version above.
  6. Kieran McQuinn & Karl Whelan, 2016. "The Prospects for Future Economic Growth in the Euro Area," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 51(6), pages 305-311, November.

    Cited by:

    1. Michael Buchner, 2020. "Fiscal Policy in an Age of Secular Stagnation," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 62(3), pages 398-429, September.
    2. Papetti, Andrea, 2019. "Demographics and the natural real interest rate: historical and projected paths for the euro area," Working Paper Series 2258, European Central Bank.
    3. Magdalena Ziolo & Krzysztof Kluza & Anna Spoz, 2019. "Impact of Sustainable Financial and Economic Development on Greenhouse Gas Emission in the Developed and Converging Economies," Energies, MDPI, vol. 12(23), pages 1-30, November.
    4. Lis, Eliza & Nickel, Christiane & Papetti, Andrea, 2020. "Demographics and inflation in the euro area: a two-sector new Keynesian perspective," Working Paper Series 2382, European Central Bank.

  7. Robert Gillanders & Karl Whelan, 2014. "Open For Business? Institutions, Business Environment and Economic Development," Kyklos, Wiley Blackwell, vol. 67(4), pages 535-558, November.
    See citations under working paper version above.
  8. Martina Lawless & Karl Whelan, 2014. "Where Do Firms Export, How Much and Why?," The World Economy, Wiley Blackwell, vol. 37(8), pages 1027-1050, August.
    See citations under working paper version above.
  9. Whelan, Karl, 2014. "Ireland’s Economic Crisis: The Good, the Bad and the Ugly," Journal of Macroeconomics, Elsevier, vol. 39(PB), pages 424-440.
    See citations under working paper version above.
  10. Karl Whelan, 2014. "TARGET2 and central bank balance sheets [The economics of TARGET2 balances]," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 29(77), pages 79-137.
    See citations under working paper version above.
  11. Karl Whelan, 2013. "Sovereign default and the euro," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 29(3), pages 478-501, AUTUMN.
    See citations under working paper version above.
  12. Antonello D’agostino & Kieran Mcquinn & Karl Whelan, 2012. "Are Some Forecasters Really Better Than Others?," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 44(4), pages 715-732, June.
    See citations under working paper version above.
  13. Karl Whelan, 2012. "ELA, Promissory Notes and All That:The Fiscal Costs of Anglo Irish Bank," The Economic and Social Review, Economic and Social Studies, vol. 43(4), pages 653-673.
    See citations under working paper version above.
  14. Lawless, Martina & Whelan, Karl T., 2011. "Understanding the dynamics of labor shares and inflation," Journal of Macroeconomics, Elsevier, vol. 33(2), pages 121-136, June.
    See citations under working paper version above.
  15. Karl Whelan, 2010. "Policy Lessons from Ireland’s Latest Depression," The Economic and Social Review, Economic and Social Studies, vol. 41(2), pages 225-254.
    See citations under working paper version above.
  16. Whelan, Karl T., 2009. "Technology shocks and hours worked: Checking for robust conclusions," Journal of Macroeconomics, Elsevier, vol. 31(2), pages 231-239, June.
    See citations under working paper version above.
  17. Whelan, Karl, 2008. "Consumption and expected asset returns without assumptions about unobservables," Journal of Monetary Economics, Elsevier, vol. 55(7), pages 1209-1221, October.
    See citations under working paper version above.
  18. Kieran McQuinn & Karl Whelan, 2008. "Prospects for Growth in the Euro Area," CESifo Economic Studies, CESifo Group, vol. 54(4), pages 642-680, December.
    See citations under working paper version above.
  19. Antonello D'Agostino & Karl Whelan, 2008. "Federal Reserve Information During the Great Moderation," Journal of the European Economic Association, MIT Press, vol. 6(2-3), pages 609-620, 04-05.
    See citations under working paper version above.
  20. Kieran McQuinn & Karl Whelan, 2007. "Solow ( 1956 ) as a model of cross-country growth dynamics," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 23(1), pages 45-62, Spring.
    See citations under working paper version above.
  21. Kieran McQuinn & Karl Whelan, 2007. "Conditional convergence and the dynamics of the capital-output ratio," Journal of Economic Growth, Springer, vol. 12(2), pages 159-184, June.

    Cited by:

    1. Michael Gerfin & Boris Kaiser, 2010. "The Effects of Immigration on Wages: An Application of the Structural Skill-Cell Approach," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 146(IV), pages 709-739, December.
    2. Bloom, David E. et.al., 2013. "Economic impact of non-communicable disease in China and India: Estimates, projections and comparisons," Working Papers 300, Institute for Social and Economic Change, Bangalore.
    3. Groth, Christian & Wendner, Ronald, 2011. "Learning by investing, embodiment, and speed of convergence," MPRA Paper 29008, University Library of Munich, Germany.
    4. Iulia Andreea BUCUR & Oana Ancuta STANGACIU, 2015. "The European Union Convergence In Terms Of Economic And Human Development," CES Working Papers, Centre for European Studies, Alexandru Ioan Cuza University, vol. 7(2), pages 256-275, August.
    5. Groth, Christian & Wendner, Ronald, 2014. "Embodied learning by investing and speed of convergence," Journal of Macroeconomics, Elsevier, vol. 40(C), pages 245-269.
    6. Adalmir Marquetti & Luiz Eduardo Ourique & Henrique Morrone, 2020. "A Classical-Marxian Growth Model of Catching Up and the Cases of China, Japan, and India: 1980–2014," Review of Radical Political Economics, Union for Radical Political Economics, vol. 52(2), pages 312-334, June.
    7. Rui Hao, 2008. "Opening up, Market Reform, and Convergence Clubs in China," Asian Economic Journal, East Asian Economic Association, vol. 22(2), pages 133-160, June.
    8. Zoran Borovic & Dragana Radicic, 2023. "Productivity Gap between the “New” and “Old” Europe and Role of Institutions," Economies, MDPI, vol. 11(10), pages 1-19, October.
    9. Cristina D. Checherita, 2009. "Variations on economic convergence: The case of the United States," Papers in Regional Science, Wiley Blackwell, vol. 88(2), pages 259-278, June.
    10. Michael Paffermayr, 2009. "Spatial Convergence of Regions Revisited: A Spatial Maximum Likelihood Systems Approach," Working Papers 2009-07, Faculty of Economics and Statistics, Universität Innsbruck.
    11. Bloom, David E. & Cafiero-Fonseca, Elizabeth T. & McGovern, Mark E. & Prettner, Klaus & Stanciole, Anderson & Weiss, Jonathan & Bakkila, Samuel & Rosenberg, Larry, 2014. "The macroeconomic impact of non-communicable diseases in China and India: Estimates, projections, and comparisons," The Journal of the Economics of Ageing, Elsevier, vol. 4(C), pages 100-111.
    12. Bayraktar-Sağlam, Bahar & Yetkiner, Hakan, 2014. "A Romerian contribution to the empirics of economic growth," Journal of Policy Modeling, Elsevier, vol. 36(2), pages 257-272.
    13. Spruk, Rok, 2011. "Productivity and income convergence in transition: theory and evidence from Central Europe," MPRA Paper 33389, University Library of Munich, Germany.
    14. Mardi Dungey & Denise R. Osborn, 2019. "The gains from catch-up for China and the US: An empirical framework," CAMA Working Papers 2019-07, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    15. Norman Maynard, 2016. "Long-Run Growth Differences and the Neoclassical Growth Model," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 62(3), pages 574-583, September.
    16. Krasnopjorovs, Olegs, 2013. "Latvijas ekonomikas izaugsmi noteicošie faktori [Factors of Economic Growth in Latvia]," MPRA Paper 47550, University Library of Munich, Germany.
    17. Huang, Zongye, 2011. "The Decline of the U.S. Manufacturing: An Explanation from Structural Change," MPRA Paper 29919, University Library of Munich, Germany.
    18. Fischer, Lorenz Benedikt & Pfaffermayr, Michael, 2018. "The more the merrier? Migration and convergence among European regions," Regional Science and Urban Economics, Elsevier, vol. 72(C), pages 103-114.
    19. McGuinness, Anne, 2007. "Institutions and Total Factor Productivity Convergence," Research Technical Papers 9/RT/07, Central Bank of Ireland.

  22. Karl Whelan, 2007. "Staggered Price Contracts And Inflation Persistence: Some General Results," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 48(1), pages 111-145, February.
    See citations under working paper version above.
  23. Whelan, Karl, 2007. "Embodiment, productivity, and the age distribution of capital," Journal of Macroeconomics, Elsevier, vol. 29(4), pages 724-740, December.
    See citations under working paper version above.
  24. Jeremy Rudd & Karl Whelan, 2007. "Modeling Inflation Dynamics: A Critical Review of Recent Research," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 39(s1), pages 155-170, February.
    See citations under working paper version above.
  25. Jeremy Rudd & Karl Whelan, 2006. "Can Rational Expectations Sticky-Price Models Explain Inflation Dynamics?," American Economic Review, American Economic Association, vol. 96(1), pages 303-320, March.
    See citations under working paper version above.
  26. Palumbo, Michael & Rudd, Jeremy & Whelan, Karl, 2006. "On the Relationships Between Real Consumption, Income, and Wealth," Journal of Business & Economic Statistics, American Statistical Association, vol. 24, pages 1-11, January.
    See citations under working paper version above.
  27. Jeremy Rudd & Karl Whelan, 2006. "Empirical Proxies for the Consumption-Wealth Ratio," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 9(1), pages 34-51, January.
    See citations under working paper version above.
  28. Rudd, Jeremy & Whelan, Karl, 2005. "Does Labor's Share Drive Inflation?," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 37(2), pages 297-312, April.
    See citations under working paper version above.
  29. Rudd, Jeremy & Whelan, Karl, 2005. "New tests of the new-Keynesian Phillips curve," Journal of Monetary Economics, Elsevier, vol. 52(6), pages 1167-1181, September.
    See citations under working paper version above.
  30. Gerard O'Reilly & Karl Whelan, 2005. "Has Euro-Area Inflation Persistence Changed Over Time?," The Review of Economics and Statistics, MIT Press, vol. 87(4), pages 709-720, November.
    See citations under working paper version above.
  31. Whelan, Karl, 2003. "A Two-Sector Approach to Modeling U.S. NIPA Data," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 35(4), pages 627-656, August.
    See citations under working paper version above.
  32. Tevlin, Stacey & Whelan, Karl, 2003. "Explaining the Investment Boom of the 1990s," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 35(1), pages 1-22, February.
    See citations under working paper version above.
  33. Karl Whelan, 2002. "Computers, Obsolescence, And Productivity," The Review of Economics and Statistics, MIT Press, vol. 84(3), pages 445-461, August.
    See citations under working paper version above.
  34. Jeremy B. Rudd & Karl Whelan, 2002. "Should monetary policy target labor's share of income?," Proceedings, Federal Reserve Bank of San Francisco, issue Mar.

    Cited by:

    1. Paloviita, Maritta & Mayes, David, 2005. "The use of real-time information in Phillips-curve relationships for the euro area," The North American Journal of Economics and Finance, Elsevier, vol. 16(3), pages 415-434, December.
    2. Wieland, Volker & Coenen, Günter, 2002. "Inflation dynamics and international linkages: a model of the United States, the euro area and Japan," Working Paper Series 181, European Central Bank.
    3. Coenen, Günter, 2003. "Inflation persistence and robust monetary policy design," Working Paper Series 290, European Central Bank.
    4. Lars Sondergaard, 2003. "Using Instrumental Varibles to Estimate the Share of Backward- Looking Firms," Working Papers gueconwpa~03-03-24, Georgetown University, Department of Economics.
    5. Maritta Paloviita, 2009. "Estimating open economy Phillips curves for the euro area with directly measured expectations," New Zealand Economic Papers, Taylor & Francis Journals, vol. 43(3), pages 233-254.
    6. Maritta Paloviita, 2004. "Inflation dynamics in the euro area and the role of expectations," Macroeconomics 0405015, University Library of Munich, Germany.
    7. Maritta Paloviita, 2006. "Inflation Dynamics in the Euro Area and the Role of Expectations," Empirical Economics, Springer, vol. 31(4), pages 847-860, November.

  35. Karl Whelan, 2002. "Some New Economy Lessons for Macroeconomists," Recherches économiques de Louvain, De Boeck Université, vol. 68(1), pages 21-36.
    See citations under working paper version above.
  36. Karl Whelan, 2002. "A Guide To U.S. Chain Aggregated Nipa Data," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 48(2), pages 217-233, June.

    Cited by:

    1. Leibovici, Fernando & Waugh, Michael E., 2019. "International trade and intertemporal substitution," Journal of International Economics, Elsevier, vol. 117(C), pages 158-174.
    2. Ana Maria Santacreu & Fernando Leibovici, 2016. "International Trade Fluctuations and Monetary Policy," 2016 Meeting Papers 367, Society for Economic Dynamics.
    3. Cantore, Cristiano & Freund, Lukas, 2020. "Workers, capitalists, and the government: fiscal policy and income (re)distribution," Bank of England working papers 858, Bank of England.
    4. 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.).
    5. Margarida Duarte & Diego Restuccia, 2019. "Relative Prices and Sectoral Productivity," Working Papers tecipa-628, University of Toronto, Department of Economics.
    6. Blair Fix, 2019. "The Aggregation Problem: Implications for Ecological and Biophysical Economics," Biophysical Economics and Resource Quality, Springer, vol. 4(1), pages 1-15, March.
    7. Timothy Cogley & Boyan Jovanovic, 2020. "Structural Breaks in an Endogenous Growth Model," NBER Working Papers 28026, National Bureau of Economic Research, Inc.
    8. Rudd, Jeremy & Whelan, Karl, 2003. "Inflation Targets, Credibility and Persistence In a Simple Sticky-Price Framework," Research Technical Papers 6/RT/03, Central Bank of Ireland.
    9. M Boschi & S d'Addona & A Goenka, 2012. "Testing external habits in an asset pricing model," CAMA Working Papers 2012-20, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    10. Rong Li, 2017. "Putting Government Spending Shocks under the Microscope: Standard Vector Autoregression versus the Narrative Approach," FinanzArchiv: Public Finance Analysis, Mohr Siebeck, Tübingen, vol. 73(3), pages 237-254, September.
    11. Dumagan, Jesus C., 2010. "Computing Additive Chained Volume Measures of GDP Subaggregates," Discussion Papers DP 2010-16, Philippine Institute for Development Studies.
    12. Dumagan, Jesus C., 2009. "Comparing GDP in Constant and in Chained Prices: Some New Results," Discussion Papers DP 2009-08, Philippine Institute for Development Studies.
    13. Karl Whelan, 2004. "New evidence on balanced growth, stochastic trends, and economic fluctuations," Open Access publications 10197/218, School of Economics, University College Dublin.
    14. Dumagan, Jesus C., 2008. "Implementing US GDP in Chained Prices for Cross-country GDP Growth and Sectoral Comparisons: Application to Selected ASEAN Countries," Discussion Papers DP 2008-28, Philippine Institute for Development Studies.
    15. Attfield, Cliff & Temple, Jonathan R.W., 2010. "Balanced growth and the great ratios: New evidence for the US and UK," Journal of Macroeconomics, Elsevier, vol. 32(4), pages 937-956, December.
    16. Sakellaris, Plutarchos & Vijselaar, Focco, 2004. "Capital quality improvement and the sources of growth in the euro area," Working Paper Series 368, European Central Bank.
    17. Attfield, Clifford & Temple, Jonathan, 2004. "Measuring Trend Output: How Useful Are the Great Ratios?," CEPR Discussion Papers 4796, C.E.P.R. Discussion Papers.
    18. Hessler, Andrew, 2023. "Unobserved components model estimates of credit cycles: Tests and predictions," Journal of Financial Stability, Elsevier, vol. 66(C).
    19. Bos, Frits, 2007. "Use, misuse and proper use of national accounts statistics," MPRA Paper 2576, University Library of Munich, Germany.
    20. Daniil Lomonosov, 2023. "Shocks of Business Activity and Specific Shocks to Oil Market in DSGE Model of Russian Economy and Their Influence Under Different Monetary Policy Regimes," Russian Journal of Money and Finance, Bank of Russia, vol. 82(4), pages 44-79, December.
    21. Peter Ireland & Scott Schuh, 2008. "Productivity and U.S. Macroeconomic Performance: Interpreting the Past and Predicting the Future with a Two-Sector Real Business Cycle Model," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 11(3), pages 473-492, July.
    22. Kieran McQuinn & Karl Whelan, 2006. "Prospects for growth in the Euro area," Open Access publications 10197/217, School of Economics, University College Dublin.
    23. Yunjong Eo & Luis Uzeda & Benjamin Wong, 2022. "Understanding trend inflation through the lens of the goods and services sectors," CAMA Working Papers 2022-28, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    24. Jesús Fernández-Villaverde & Lee Ohanian & Wen Yao, 2023. "The Neoclassical Growth of China," CESifo Working Paper Series 10499, CESifo.
    25. Alain Gabler, 2008. "Sector-specific Markup Fluctuations and the Business Cycle," 2008 Meeting Papers 88, Society for Economic Dynamics.
    26. Fix, Blair, 2019. "The Aggregation Problem: Implications for Ecological and Biophysical Economics," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 4(1), pages 1-15.
    27. Chaoran Chen, 2017. "Technology Adoption, Capital Deepening, and International Productivity Differences," 2017 Meeting Papers 9, Society for Economic Dynamics.
    28. Jesus C. Dumagan, 2008. "Avoiding Anomalies of GDP in Constant Prices by Conversion to Chained Prices," Macroeconomics Working Papers 22632, East Asian Bureau of Economic Research.
    29. Rui Castro & Gian Clementi, 2009. "The economic effects of improving investor rights in Portugal," Portuguese Economic Journal, Springer;Instituto Superior de Economia e Gestao, vol. 8(2), pages 59-97, August.
    30. Xuan, Chunji & Kim, Chang-Jin & Kim, Dong Heon, 2019. "New dynamics of consumption and output," Journal of Macroeconomics, Elsevier, vol. 60(C), pages 50-59.
    31. Leonardo Becchetti & Stefania Di Giacomo, 2007. "The Unequalizing Effects Of Ict On Economic Growth," Metroeconomica, Wiley Blackwell, vol. 58(1), pages 155-194, February.
    32. Fix, Blair, 2019. "The Aggregation Problem: Implications for Ecological and Biophysical Economics," SocArXiv tfwju, Center for Open Science.
    33. Polbin, Andrey & Fokin, Nikita, 2020. "Modeling the dynamics of import in the Russian Federation using the error correction model," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 59, pages 88-112.
    34. Dumagan, Jesus C., 2011. "Implementing Weights for Additivity of Chained Volume Measures in the National Accounts," Discussion Papers DP 2011-09, Philippine Institute for Development Studies.

  37. Karl Whelan, 1999. "Economic Geography and the Long-run Effects of the Great Irish Famine," The Economic and Social Review, Economic and Social Studies, vol. 30(1), pages 1-20.
    See citations under working paper version above.
  38. Bradley, John & Whelan, Karl, 1997. "The Irish expansionary fiscal contraction: A tale from one small European economy," Economic Modelling, Elsevier, vol. 14(2), pages 175-201, April.

    Cited by:

    1. Luke Mcgrath & Stephen Hynes & John Mchale, 2022. "Reassessing Ireland’s economic development through the lens of sustainable development [Sustainability and the measurement of wealth]," European Review of Economic History, European Historical Economics Society, vol. 26(3), pages 399-422.
    2. Hjelm, Göran & Johansson, Martin W, 2002. "Structural Change in Fiscal Policy and The Permanence of Fiscal Contractions - The Case of Denmark and Ireland," Working Papers 2002:11, Lund University, Department of Economics.
    3. Gábor P. Kiss, 2020. "Aggregate Fiscal Stabilisation Policy: Panacea or Scapegoat?," Financial and Economic Review, Magyar Nemzeti Bank (Central Bank of Hungary), vol. 19(2), pages 55-87.
    4. Jérôme Creel & Bruno Ducoudré & Catherine Mathieu & Henri Sterdyniak, 2005. "Doit-on oublier la politique budgétaire ?. Une analyse critique de la nouvelle théorie anti-keynésienne des finances publiques," Revue de l'OFCE, Presses de Sciences-Po, vol. 92(1), pages 43-97.
    5. Jerome Creel, 1998. "L'assainissement budgétaire au Danemark entre 1983 et 1986 : l'anti-mythe (in French)," Documents de Travail de l'OFCE 1998-02, Observatoire Francais des Conjonctures Economiques (OFCE).
    6. Luca Agnello & Ricardo M. Sousa, 2010. "Fiscal Policy and Asset Prices," NIPE Working Papers 25/2010, NIPE - Universidade do Minho.
    7. Luca Agnello & Ricardo M. Sousa, 2011. "Can Fiscal Policy Stimulus Boost Economic Recovery?," Revue économique, Presses de Sciences-Po, vol. 62(6), pages 1045-1066.
    8. Cormac Ó Gráda, 2002. "Is the Celtic Tiger a Paper Tiger?," Working Papers 200202, School of Economics, University College Dublin.
    9. António Afonso, 2007. "Expansionary fiscal consolidations in Europe: part of conventional wisdom?," Money Macro and Finance (MMF) Research Group Conference 2006 50, Money Macro and Finance Research Group.
    10. Cronin, David & McCoy, Daniel, 1999. "Measuring Structural Budget Balances in a Fast Growing Economy: The Case of Ireland," Research Technical Papers 4/RT/99, Central Bank of Ireland.
    11. John FitzGerald & David Duffy & Diarmaid Smyth, 2000. "Managing an Economy Under EMU: The Case of Ireland," Papers WP127, Economic and Social Research Institute (ESRI).
    12. John Bradley & Edgar Morgenroth & Gerhard Untiedt, 2003. "Macro-Regional Evaluation of the Structural Funds Using the HERMIN Modelling Framework," Papers WP152, Economic and Social Research Institute (ESRI).
    13. Ant�nio Afonso, 2010. "Expansionary fiscal consolidations in Europe: new evidence," Applied Economics Letters, Taylor & Francis Journals, vol. 17(2), pages 105-109, January.
    14. Julia Darby & V. Anton Muscatelli & Graeme Roy, 2005. "Fiscal consolidation and decentralisation: a tale of two tiers," Fiscal Studies, Institute for Fiscal Studies, vol. 26(2), pages 169-195, June.
    15. John Bradley & Gerhard Untiedt, 2012. "Emerging from recession? Future prospects for the Irish economy 2012-2020," HERMIN Economic Papers 4-2012, HERMIN.
    16. John FitzGerald, 2019. "Contributing to Macro-Economic Policy in Ireland," The Economic and Social Review, Economic and Social Studies, vol. 50(4), pages 613-623.
    17. António Afonso, 2001. "Non-Keynesian Effects of Fiscal Policy in the EU-15," Working Papers Department of Economics 2001/07, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa.
    18. Niamh Hardiman, 2013. "Rethinking the political economy of fiscal consolidation in two recessions in Ireland," Working Papers 201316, Geary Institute, University College Dublin.
    19. Eoin O'Malley, 2012. "A Survey of Explanations for the Celtic Tiger Boom," The Institute for International Integration Studies Discussion Paper Series iiisdp417, IIIS.

  39. Bradley, John & Whelan, Karl & Wright, Jonathan, 1995. "HERMIN Ireland," Economic Modelling, Elsevier, vol. 12(3), pages 249-274, July.

    Cited by:

    1. Christodoulakis, Nicos M. & Kalyvitis, Sarantis C., 1998. "A four-sector macroeconometric model for Greece and the evaluation of the community support framework 1994-1999," Economic Modelling, Elsevier, vol. 15(4), pages 575-620, October.
    2. Christodoulakis, Nicos M. & Kalyvitis, Sarantis C., 1997. "The demand for energy in Greece: assessing the effects of the Community Support Framework 1994-1999," Energy Economics, Elsevier, vol. 19(4), pages 393-416, October.
    3. Zbigniew Mogila & Janusz Zaleski & Joanna Kudelko, 2011. "Leaders and outliers in the race of regions - EU Cohesion Policy in Poland in the light of macroeconomic modelling," ERSA conference papers ersa11p292, European Regional Science Association.
    4. Attila Varga, 2007. "GMR-Hungary: A Complex Macro-Regional Model for the Analysis of Development Policy Impacts on the Hungarian Economy," UPFBE Working Paper Series 2007/4, Faculty of Business and Economics, University Pécs.
    5. Moretti, Luigi, 2004. "I modelli macroeconomici per la valutazione dell'impatto dei Fondi strutturali nelle economie a Obiettivo 1 [Macroeconomic Models Used for the Impact Evaluation of the Structural Funds in Objective," MPRA Paper 18868, University Library of Munich, Germany.
    6. de la Fuente, Angel, 2002. "The Effect of Structural Fund Spending on the Spanish Regions: An Assessment of the 1994-99 Objective 1 CSF," CEPR Discussion Papers 3673, C.E.P.R. Discussion Papers.
    7. Stephen Roper, 2005. "Cross-Border and Local Cooperation on the island of Ireland - A Behavioural Perspective," ERSA conference papers ersa05p475, European Regional Science Association.
    8. Morris A. Davis & Michael G. Palumbo, 2001. "A primer on the economics and time series econometrics of wealth effects," Finance and Economics Discussion Series 2001-09, Board of Governors of the Federal Reserve System (U.S.).
    9. Bergin, Adele & Kearney, Ide, 2007. "Human capital accumulation in an open labour market: Ireland in the 1990s," Economic Modelling, Elsevier, vol. 24(6), pages 839-858, November.
    10. Alan Barrett & Adele Bergin, 2009. "Estimating the Impact of Immigration in Ireland," Nordic Journal of Political Economy, Nordic Journal of Political Economy, vol. 35, pages 1-2.
    11. John FitzGerald & David Duffy & Diarmaid Smyth, 2000. "Managing an Economy Under EMU: The Case of Ireland," Papers WP127, Economic and Social Research Institute (ESRI).
    12. John Bradley & Edgar Morgenroth & Gerhard Untiedt, 2003. "Macro-Regional Evaluation of the Structural Funds Using the HERMIN Modelling Framework," Papers WP152, Economic and Social Research Institute (ESRI).
    13. Begona Eguía & Cruz Angel Echevarría, "undated". "Estructura de la edad poblacional e inversión residencial en Espana," Studies on the Spanish Economy 119, FEDEA.

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