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Zvi Hercowitz

Personal Details

First Name:Zvi
Middle Name:
Last Name:Hercowitz
Suffix:
RePEc Short-ID:phe121
http://www.tau.ac.il/~zvih/
Eitan Berglas School of Economics Tel Aviv University Tel Aviv 69978 Israel

Affiliation

(75%) Eitan Berglas School of Economics
Tel Aviv University

Tel Aviv, Israel
https://econ.tau.ac.il/
RePEc:edi:setauil (more details at EDIRC)

(25%) School of Economics
Interdisciplinary Center (IDC)

Herzliya, Israel
http://portal.idc.ac.il/he/schools/economics/homepage/pages/homepage.aspx
RePEc:edi:seidcil (more details at EDIRC)

Research output

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Working papers

  1. Campbell, J.R. & Hercowitz, Zvi, 2018. "Liquidity Constraints of the Middle Class (revision of CentER DP 2015-009)," Discussion Paper 2018-039, Tilburg University, Center for Economic Research.
  2. Friedman, Amit & Hercowitz, Zvi & Sidi, Jonathan, 2012. "Fiscal Policy in an Open Economy," Foerder Institute for Economic Research Working Papers 275772, Tel-Aviv University > Foerder Institute for Economic Research.
  3. Jeffrey R. Campbell & Zvi Hercowitz, 2011. "The financial labor supply accelerator," Working Paper Series WP-2011-05, Federal Reserve Bank of Chicago.
  4. Friedman, Amit & Hercowitz, Zvi, 2010. "A Real Model of the Israeli Economy," Foerder Institute for Economic Research Working Papers 275734, Tel-Aviv University > Foerder Institute for Economic Research.
  5. Jeffrey R. Campbell & Zvi Hercowitz, 2009. "Liquidity constraints of the middle class," Working Paper Series WP-09-20, Federal Reserve Bank of Chicago.
  6. Jeffrey R. Campbell & Zvi Hercowitz, 2006. "Welfare implications of the transition to high household debt," Working Paper Series WP-06-27, Federal Reserve Bank of Chicago.
  7. Jeffrey R. Campbell & Zvi Hercowitz, 2005. "The Role of Collateralized Household Debt in Macroeconomic Stabilization," NBER Working Papers 11330, National Bureau of Economic Research, Inc.
  8. Zvi Hercowitz & Michel Strawczynski, 2005. "Government Spending Adjustment: The OECD Since the 1990s," Bank of Israel Working Papers 2005.09, Bank of Israel.
  9. Jeffrey R. Campbell & Zvi Hercowitz, 2004. "The role of households' collateralized debts in macroeconomic stabilization," Working Paper Series WP-04-24, Federal Reserve Bank of Chicago.
  10. Jeffrey R. Campbell & Zvi Hercowitz, 2004. "The dynamics of work and debt," Working Paper Series WP-04-05, Federal Reserve Bank of Chicago.
  11. Yashiv, Eran & Hercowitz, Zvi, 2001. "A Macroeconomic Experiment in Mass Immigration," CEPR Discussion Papers 2983, C.E.P.R. Discussion Papers.
  12. Zvi Hercowitz & Michel Strawczynski, 2001. "Cyclical Ratcheting in Government Spending: Evidence from the OECD," Bank of Israel Working Papers 2001.09, Bank of Israel.
  13. Hercowitz, Z. & Strawczynski, M., 2001. "Fiscal Policy Dynamics with a Public-Debt Guideline," Papers 2001-1, Tel Aviv.
  14. Zvi Hercowitz & Michel Strawczynski, 2000. "Public-Debt/Output Guidelines: the Case of Israel," Bank of Israel Working Papers 2000.03, Bank of Israel.
  15. Hercowitz, Z. & Strawczynski, M., 1999. "Cyclical Bias in Government Spending: Evidence from the OECD," Papers 6-99, Tel Aviv.
  16. Greenwood, J. & Hercowitz, Z. & Krusell, P., 1998. "The Role of Investment-Specific Technological Change in the Business Cycle," RCER Working Papers 449, University of Rochester - Center for Economic Research (RCER).
  17. Zvi Hercowitz & Michel Strawczynski, 1998. "On The Cyclical Bias In Government Spending," Bank of Israel Working Papers 1998.06, Bank of Israel.
  18. Flug, K. & Hercowitz, Z., 1998. "Equipment Investment and the Relative Demand for Skilled Labour: International Evidence," Papers 05-98, Tel Aviv.
  19. Hercowitz, Z, 1997. "The "Embodiment" Controversy," Papers 9-97, Tel Aviv - the Sackler Institute of Economic Studies.
  20. Karnit Flug & Zvi Hercowitz, 1996. "Inversión en capital fijo y la demanda relativa de mano de obra calificada: elementos de juicio internacionales," Research Department Publications 4043, Inter-American Development Bank, Research Department.
  21. Dahan, M.Hercowitz, Z., 1996. "Fiscal Policy and Saving Under Distortionary Taxation," Papers 22-96, Tel Aviv.
  22. Greenwood, J. & Hercowitz, Z. & Krusell, P., 1995. "Long-Run Implications of Investment-Specific Technological Change," University of Western Ontario, Departmental Research Report Series 9510, University of Western Ontario, Department of Economics.
  23. Alex Cukierman & Zvi Hercowitz & David Pines, 1994. "The Political Economy of Immigration," Public Economics 9405002, University Library of Munich, Germany.
  24. Flug, Karnit & Hercowitz, Zvi & Levi, Anat, 1994. "A Small-Open-Economy Analysis of Migration," Foerder Institute for Economic Research Working Papers 275591, Tel-Aviv University > Foerder Institute for Economic Research.
  25. Hercowitz, Zvi & Kantor, Nirit & Rubin Meridor, Leora, 1993. "Immigration and Growth Under Imperfect Capital Mobility: The Case of Israel," Foerder Institute for Economic Research Working Papers 275580, Tel-Aviv University > Foerder Institute for Economic Research.
  26. Greenwood, J. & Hercowitz, Z. & Krusell, P., 1992. "Macroeconomic Implications of Investment-Specific Technological Change," Papers 527, Stockholm - International Economic Studies.
  27. Greenwood, J. & Hercowitz, Z., 1991. "The Allocation of Capital and Time Over the Business Cycles," University of Western Ontario, Departmental Research Report Series 9104, University of Western Ontario, Department of Economics.
  28. Hercowitz, Zvi & Meridor, Leora (Rubin), 1991. "The Macroeconomic Effects of Mass Immigration to Isreal," Foerder Institute for Economic Research Working Papers 275516, Tel-Aviv University > Foerder Institute for Economic Research.
  29. Hercowitz, Z. & Pines, D., 1991. "Migration with Fiscal Externalities," Papers 9-91, Tel Aviv.
  30. Hercowitz, Z. & Meridor, L.R., 1991. "The macroeconomics Effects of mass Immigration to Israel," Papers 29-91, Tel Aviv.
  31. Jeremy Greenwood & Zvi Hercowitz, 1990. "The allocation of goods and time over the business cycle," Discussion Paper / Institute for Empirical Macroeconomics 26, Federal Reserve Bank of Minneapolis.
  32. Hercovitz, Z. & Sampson, M., 1989. "Output Growth, The Real Wage, And Employment Fluctuations," RCER Working Papers 179, University of Rochester - Center for Economic Research (RCER).
  33. Hercowitz, Z. & Pines, D., 1989. "Migration Between Home Country And Diaspora: An Economic Analysis," RCER Working Papers 180, University of Rochester - Center for Economic Research (RCER).
  34. Hercowitz, Z. & Pines, D., 1988. "A Migration Model With 'Zionism'," Papers 29-88, Tel Aviv.
  35. Hercowitz, Zvi & Sampson, Michael, 1987. "Output Growth and Employment Fluctuations," Foerder Institute for Economic Research Working Papers 275430, Tel-Aviv University > Foerder Institute for Economic Research.
  36. Zvi Hercowitz, 1980. "Money and Price Dispersion in the United States," NBER Working Papers 0433, National Bureau of Economic Research, Inc.
  37. Zvi Hercowitz, 1980. "Anticipated Inflation, the Frequency of Transactions, and the Slope of the Phillips Curve," NBER Working Papers 0518, National Bureau of Economic Research, Inc.
  38. Zvi Hercowitz, 1980. "Money and the Dispersion of Relative Prices," NBER Working Papers 0431, National Bureau of Economic Research, Inc.
  39. Robert J. Barro & Zvi Hercowitz, 1979. "Money Stock Revisions and Unanticipated Money Growth," NBER Working Papers 0329, National Bureau of Economic Research, Inc.

Articles

  1. Jeffrey R. Campbell & Zvi Hercowitz, 2019. "Liquidity Constraints of the Middle Class," American Economic Journal: Economic Policy, American Economic Association, vol. 11(3), pages 130-155, August.
  2. Friedman Amit & Hercowitz Zvi & Sidi Jonathan, 2016. "Fiscal policy in an open economy," The B.E. Journal of Macroeconomics, De Gruyter, vol. 16(1), pages 25-46, January.
  3. Zvi Hercowitz & Avihai Lifschitz, 2015. "TAX CUTS AND ECONOMIC ACTIVITY: ISRAEL IN THE 2000s," Israel Economic Review, Bank of Israel, vol. 12(2), pages 97-125.
  4. Jeffrey R. Campbell & Zvi Hercowitz, 2010. "Interest rates following financial re-regulation," Economic Perspectives, Federal Reserve Bank of Chicago, vol. 34(Q I), pages 2-13.
  5. Campbell, Jeffrey R. & Hercowitz, Zvi, 2009. "Welfare implications of the transition to high household debt," Journal of Monetary Economics, Elsevier, vol. 56(1), pages 1-16, January.
  6. Jeffrey R. Campbell & Zvi Hercowitz, 2006. "The macroeconomic transition to high household debt," Proceedings, Federal Reserve Bank of San Francisco, issue Nov.
  7. Zvi Hercowitz, 2004. "Concentration of Capital Ownership and Investment Fluctuations," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 7(3), pages 668-686, July.
  8. Zvi Hercowitz & Michel Strawczynski, 2004. "Fiscal Policy Dynamics With A Public-Debt Guideline," Israel Economic Review, Bank of Israel, vol. 2(1), pages 91-106.
  9. Zvi Hercowitz & Michel Strawczynski, 2004. "Cyclical Ratcheting in Government Spending: Evidence from the OECD," The Review of Economics and Statistics, MIT Press, vol. 86(1), pages 353-361, February.
  10. Karnit Flug & Zvi Hercowitz, 2000. "Equipment Investment and the Relative Demand for Skilled Labor: International Evidence," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 3(3), pages 461-485, July.
  11. Greenwood, Jeremy & Hercowitz, Zvi & Krusell, Per, 2000. "The role of investment-specific technological change in the business cycle," European Economic Review, Elsevier, vol. 44(1), pages 91-115, January.
  12. Dahan, Momi & Hercowitz, Zvi, 1998. "Fiscal policy and saving under distortionary taxation," Journal of Monetary Economics, Elsevier, vol. 42(1), pages 25-45, June.
  13. Hercowitz, Zvi, 1998. "The 'embodiment' controversy: A review essay," Journal of Monetary Economics, Elsevier, vol. 41(1), pages 217-224, February.
  14. Hercowitz, Zvi & Pines, David, 1997. "Migration between home country and diaspora: An economic analysis," Journal of Public Economics, Elsevier, vol. 65(1), pages 45-59, July.
  15. Greenwood, Jeremy & Hercowitz, Zvi & Krusell, Per, 1997. "Long-Run Implications of Investment-Specific Technological Change," American Economic Review, American Economic Association, vol. 87(3), pages 342-362, June.
  16. Greenwood, Jeremy & Hercowitz, Zvi, 1991. "The Allocation of Capital and Time over the Business Cycle," Journal of Political Economy, University of Chicago Press, vol. 99(6), pages 1188-1214, December.
  17. Hercowitz, Zvi & Pines, David, 1991. "Migration with fiscal externalities," Journal of Public Economics, Elsevier, vol. 46(2), pages 163-180, November.
  18. Hercowitz, Zvi & Sampson, Michael, 1991. "Output Growth, the Real Wage, and Employment Fluctuations," American Economic Review, American Economic Association, vol. 81(5), pages 1215-1237, December.
  19. Hercowitz, Zvi, 1990. "Time-to-produce or a Keynesian is curve? : Reply to John McCallum," Journal of Monetary Economics, Elsevier, vol. 25(1), pages 151-153, January.
  20. Hercowitz, Zvi, 1988. "The Israeli economy: Maturing through crises : A review essay," Journal of Monetary Economics, Elsevier, vol. 21(1), pages 185-190, January.
  21. Greenwood, Jeremy & Hercowitz, Zvi & Huffman, Gregory W, 1988. "Investment, Capacity Utilization, and the Real Business Cycle," American Economic Review, American Economic Association, vol. 78(3), pages 402-417, June.
  22. Hercowitz, Zvi, 1986. "On the determination of the external debt: The case of Israel," Journal of International Money and Finance, Elsevier, vol. 5(3), pages 315-334, September.
  23. Hercowitz, Zvi, 1986. "The real interest rate and aggregate supply," Journal of Monetary Economics, Elsevier, vol. 18(2), pages 121-145, September.
  24. Hercowitz, Zvi, 1983. "Anticipated Inflation, the Frequency of Transactions, and the Slope of the Phillips Curve," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 15(2), pages 139-154, May.
  25. Hercowitz, Zvi, 1982. "Money and price dispersion in the united states," Journal of Monetary Economics, Elsevier, vol. 10(1), pages 25-37, July.
  26. Hercowitz, Zvi, 1981. "Money and the Dispersion of Relative Prices," Journal of Political Economy, University of Chicago Press, vol. 89(2), pages 328-356, April.
  27. Barro, Robert J. & Hercowitz, Zvi, 1980. "Money stock revisions and unanticipated money growth," Journal of Monetary Economics, Elsevier, vol. 6(2), pages 257-267, April.

Chapters

  1. Zvi Hercowitz & Efraim Sadka, 1987. "On Optimal Currency Substitution Policy and Public Finance," Palgrave Macmillan Books, in: Assaf Razin & Efraim Sadka (ed.), Economic Policy in Theory and Practice, chapter 4, pages 147-169, Palgrave Macmillan.

Books

  1. Blejer,Mario I. & Eckstein,Zvi & Hercowitz,Zvi & Leiderman,Leonardo (ed.), 2008. "Financial Factors in Economic Stabilization and Growth," Cambridge Books, Cambridge University Press, number 9780521088190.
  2. Blejer,Mario I. & Eckstein,Zvi & Hercowitz,Zvi & Leiderman,Leonardo (ed.), 1996. "Financial Factors in Economic Stabilization and Growth," Cambridge Books, Cambridge University Press, number 9780521480505.
  3. Alex Cukierman & Zvi Hercowitz & Leonardo Leiderman (ed.), 1992. "Political Economy, Growth, and Business Cycles," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262031949, December.

More information

Research fields, statistics, top rankings, if available.

Statistics

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Rankings

This author is among the top 5% authors according to these criteria:
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  6. Number of Citations
  7. Number of Citations, Discounted by Citation Age
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  10. Number of Citations, Weighted by Recursive Impact Factor
  11. Number of Citations, Weighted by Recursive Impact Factor, Discounted by Citation Age
  12. Number of Citations, Weighted by Number of Authors
  13. Number of Citations, Weighted by Number of Authors, Discounted by Citation Age
  14. Number of Citations, Weighted by Number of Authors and Simple Impact Factors
  15. Number of Citations, Weighted by Number of Authors and Simple Impact Factors, Discounted by Citation Age
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  20. Number of Journal Pages, Weighted by Simple Impact Factor
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Co-authorship network on CollEc

NEP Fields

NEP is an announcement service for new working papers, with a weekly report in each of many fields. This author has had 8 papers announced in NEP. These are the fields, ordered by number of announcements, along with their dates. If the author is listed in the directory of specialists for this field, a link is also provided.
  1. NEP-DGE: Dynamic General Equilibrium (6) 2004-01-08 2004-04-04 2005-05-23 2007-01-02 2012-10-27 2015-03-13. Author is listed
  2. NEP-MAC: Macroeconomics (5) 2004-01-08 2004-04-04 2005-05-23 2005-12-01 2015-03-13. Author is listed
  3. NEP-BEC: Business Economics (2) 2005-05-23 2010-01-10
  4. NEP-LAB: Labour Economics (2) 2004-01-08 2004-04-04
  5. NEP-URE: Urban and Real Estate Economics (1) 2007-01-02

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