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Nadav Ben Zeev

Citations

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Working papers

  1. Ben Zeev, Nadav & Pappa, Evi & Scola Gagliardi, Elena, 2025. "The Offensive Power of Defense News in Europe," CEPR Discussion Papers 20637, Centre for Economic Policy Research.

    Cited by:

    1. Albori, Marco & Ferriani, Fabrizio & Ristuccia, Livia, 2026. "Beyond military sales: The market premium on dual-use R&D in the defence sector," Economics Letters, Elsevier, vol. 260(C).

  2. Ben Zeev, Nadav & Ramey, Valerie & Zubairy, Sarah, 2025. "Do Government Spending Multipliers Depend on the Sign of the Shock?," CEPR Discussion Papers 19941, Centre for Economic Policy Research.

    Cited by:

    1. Hack, Lukas & Istrefi, Klodiana & Meier, Matthias, 2023. "Identification of systematic monetary policy," Working Paper Series 2851, European Central Bank.
    2. Bechchani, Khalil, 2025. "When neighbors tighten belts: Exploring austerity’s spillover effects," Economics Letters, Elsevier, vol. 254(C).
    3. Ramesh Chandra Das, 2025. "Interrelationships Among Government Participation, Population and Growth of per Capita Income: Inquiry on Top Twenty Income-Holding Countries in the World," Economies, MDPI, vol. 13(2), pages 1-29, February.
    4. Jo, Taewoong & Kang, Jihye & Hur, Joonyoung, 2025. "What do we know about estimating government spending multipliers?," Journal of Macroeconomics, Elsevier, vol. 86(C).
    5. Klieber, Karin & Coulombe, Philippe Goulet, 2025. "Opening the black box of local projections," Working Paper Series 3105, European Central Bank.
    6. Stefano Fasani & Mirela Miescu & Lorenza Rossi, 2026. "Nonlinearities With Deanchored Inflation Expectations," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 67(3), pages 977-996, August.
    7. Philippe Goulet Coulombe & Karin Klieber, 2025. "Opening the Black Box of Local Projections," Papers 2505.12422, arXiv.org, revised Jul 2025.
    8. Francois, John Nana & Konte, Maty & Ruch, Franz Ulrich, 2026. "“Crowding in” effect of public investment on private investment revisited," Journal of International Money and Finance, Elsevier, vol. 164(C).
    9. Santiago Camara, 2026. "Sign-Dependent Spillovers of Global Monetary Policy," Papers 2602.09237, arXiv.org.
    10. Gonçalves, Sílvia & Herrera, Ana María & Kilian, Lutz & Pesavento, Elena, 2024. "State-dependent local projections," Journal of Econometrics, Elsevier, vol. 244(2).
    11. Cappelletti, Andrea, 2026. "News on asymmetric fiscal multipliers," Economics Letters, Elsevier, vol. 267(C).
    12. Damiano Di Francesco & Omar Pietro Carnevale, 2025. "Are Hysteresis Effects Nonlinear?," LEM Papers Series 2025/32, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    13. Afees A. Salisu & Ahamuefula E. Ogbonna & Rangan Gupta & Elie Bouri, 2026. "Price Conflict and US Stock Return Volatility Forecasting: Insights from over 150 Years with a Mixed-Frequency Framework," Working Papers 202620, University of Pretoria, Department of Economics.
    14. Haug, Alfred A. & Sznajderska, Anna, 2024. "Government spending multipliers: Is there a difference between government consumption and investment purchases?," Journal of Macroeconomics, Elsevier, vol. 79(C).
    15. Valentin Winkler, 2026. "When and Why State-Dependent Local Projections Work," Papers 2601.01622, arXiv.org.
    16. Hwang, Sunju, 2026. "Asymmetric effects of personal income tax changes on economic activity: Increases, cuts, and for whom," Journal of Economic Dynamics and Control, Elsevier, vol. 185(C).
    17. Gulenkov, Ilya, 2025. "Fiscal multipliers, trend inflation, and endogenous price stickiness: Evidence from the U.S," Journal of Macroeconomics, Elsevier, vol. 86(C).
    18. Nicolò Maffei‐Faccioli, 2025. "Identifying the Sources of the Slowdown in Growth: Demand Versus Supply," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 40(2), pages 181-194, March.
    19. Brinca, Pedro & Faria-e-Castro, Miguel & Ferreira, Miguel H. & Holter, Hans A. & Nóbrega, Valter, 2025. "The nonlinear effects of fiscal policy," Journal of Public Economics, Elsevier, vol. 252(C).
    20. Santiago Camara, 2026. "Sign-Dependent Spillovers of Global Monetary Policy," Working Papers 386, Red Nacional de Investigadores en Economía (RedNIE).

  3. Nadav Ben Zeev & Daniel Nathan, 2023. "Shorting the Dollar When Global Stock Markets Roar: The Equity Hedging Channel of Exchange Rate Determination," Working Papers 2315, Ben-Gurion University of the Negev, Department of Economics.

    Cited by:

    1. Itai Ater & Itzchak Tzachi Raz & Yannay Spitzer, 2023. "The Economic Consequences Of Democratic Backsliding Israel'S Judicial Overhaul," Israel Economic Review, Bank of Israel, vol. 21(2), pages 77-138, December.
    2. Nadav Ben Zeev & Daniel Nathan, 2023. "The Persistent Widening of Cross-Currency Basis: When Increased FX Swap Demand Meets Limits of Arbitrage," Working Papers 2316, Ben-Gurion University of the Negev, Department of Economics.
    3. Ben Zeev, Nadav & Nathan, Daniel, 2024. "The widening of cross-currency basis: When increased FX swap demand meets limits of arbitrage," Journal of International Economics, Elsevier, vol. 152(C).

  4. Nadav Ben Zeev & Daniel Nathan, 2023. "The Persistent Widening of Cross-Currency Basis: When Increased FX Swap Demand Meets Limits of Arbitrage," Working Papers 2316, Ben-Gurion University of the Negev, Department of Economics.

    Cited by:

    1. Nadav Ben Zeev & Daniel Nathan, 2023. "Shorting the Dollar When Global Stock Markets Roar: The Equity Hedging Channel of Exchange Rate Determination," Working Papers 2315, Ben-Gurion University of the Negev, Department of Economics.

  5. Nadav Ben Zeev & Tomer Ifergane, 2021. "Online Appendix to "Firing Restrictions and Economic Resilience: Protect and Survive?"," Online Appendices 19-438, Review of Economic Dynamics.

    Cited by:

    1. Sèna Kimm Gnangnon, 2022. "Development Aid and Export Resilience in Developing Countries: A Reference to Aid for Trade," Economies, MDPI, vol. 10(7), pages 1-31, July.
    2. Lu Zhang & Guodong Lin & Xiao Lyu & Wenjie Su, 2024. "Suppression or promotion: research on the impact of industrial structure upgrading on urban economic resilience," Humanities and Social Sciences Communications, Palgrave Macmillan, vol. 11(1), pages 1-14, December.
    3. Tomer Ifergane, 2022. "Time to Say Goodbye: The Macroeconomic Implications of Termination Notice," Discussion Papers 2212, Centre for Macroeconomics (CFM).
    4. Ruy Lama & Gustavo Leyva & Carlos Urrutia, 2022. "Labor Market Policies and Business Cycles in Emerging Economies," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 70(2), pages 300-337, June.

  6. Nadav Ben Zeev, 2019. "Asymmetric Business Cycles In Emerging Market Economies," Working Papers 1909, Ben-Gurion University of the Negev, Department of Economics.

    Cited by:

    1. Gazzani, Andrea & Herrera, Vicente & Vicondoa, Alejandro, 2026. "The asymmetric effects of commodity price shocks in emerging economies," European Economic Review, Elsevier, vol. 183(C).

  7. Nadav Ben Zeev, 2019. "Identification of Sign-Dependency of Impulse Responses," Working Papers 1907, Ben-Gurion University of the Negev, Department of Economics.

    Cited by:

    1. Milov{s} Ciganovi'c & Elena Scola Gagliardi & Massimiliano Tancioni, 2025. "Disentangling the Distributional Effects of Financial Shocks in the Euro Area," Papers 2510.11289, arXiv.org.

  8. Nadav Ben Zeev, 2018. "The Tfp Channel Of Credit Supply Shocks," Working Papers 1802, Ben-Gurion University of the Negev, Department of Economics.

    Cited by:

    1. Liu, Zhaoshan & Yang, Audrey, 2026. "Corporate shift from real to virtual and human capital distortion: A mechanism test with digital skill-bias," Finance Research Letters, Elsevier, vol. 101(C).
    2. Nadav Ben Zeev & Daniel Nathan, 2023. "Shorting the Dollar When Global Stock Markets Roar: The Equity Hedging Channel of Exchange Rate Determination," Working Papers 2315, Ben-Gurion University of the Negev, Department of Economics.
    3. Xiao, Anran & Xu, Zeshui & Wu, Tong & Qin, Yong & Skare, Marinko, 2024. "Technological progress and economic dynamics: Unveiling the long memory of total factor productivity," Economic Analysis and Policy, Elsevier, vol. 84(C), pages 326-343.
    4. Ben Zeev, Nadav & Nathan, Daniel, 2024. "The widening of cross-currency basis: When increased FX swap demand meets limits of arbitrage," Journal of International Economics, Elsevier, vol. 152(C).

  9. Nadav Ben-Zeev & Evi Pappa & Alejandro Vicondoa, 2016. "Emerging Economies Business Cycles: The Role Of The Terms Of Trade Revisited," Working Papers 1610, Ben-Gurion University of the Negev, Department of Economics.

    Cited by:

    1. Juan Manuel Candelo-Viafara & Andr�s Felipe Oviedo-G�mez, 2020. "Efecto derrame del mercado internacional en las economías latinoamericanas: los casos de Chile, Brasil, Colombia y México," Apuntes del Cenes, Universidad Pedagógica y Tecnológica de Colombia, vol. 39(70), pages 107-138.
    2. Oviedo Gómez, Andrés Felipe & Sierra, Lya Paola, 2019. "The importance of terms of trade in the Colombian economy," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), August.
    3. Oviedo Gómez, Andrés Felipe & Sierra, Lya Paola, 2019. "Importancia de los términos de intercambio en la economía colombiana," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), August.

  10. Nadav Ben Zeev & Christopher M. Gunn & Hashmat Khan, 2015. "Monetary News Shocks," Carleton Economic Papers 15-02, Carleton University, Department of Economics, revised 17 Feb 2017.

    Cited by:

    1. Jeffrey R. Campbell & Jonas D. M. Fisher & Alejandro Justiniano & Leonardo Melosi, 2016. "Forward Guidance and Macroeconomic Outcomes Since the Financial Crisis," NBER Chapters, in: NBER Macroeconomics Annual 2016, Volume 31, pages 283-357, National Bureau of Economic Research, Inc.
    2. Hwang, Youngjin, 2025. "Information content in yield curve dynamics: Implications for monetary policy," Journal of Macroeconomics, Elsevier, vol. 83(C).
    3. Kenza Benhima & Céline Poilly, 2017. "Do Misperceptions about Demand Matter? Theory and Evidence," Cahiers de Recherches Economiques du Département d'économie 17.08, Université de Lausanne, Faculté des HEC, Département d’économie.
    4. Pavel S. Kapinos, 2021. "Monetary policy news and systemic risk at the zero lower bound," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 26(4), pages 4932-4945, October.
    5. Benjamin D. Keen & Alexander W. Richter & Nathaniel A. Throckmorton, 2017. "Forward Guidance And The State Of The Economy," Economic Inquiry, Western Economic Association International, vol. 55(4), pages 1593-1624, October.
    6. Alvaro Fernandez-Gallardo & Ivan Paya, 2020. "Macroprudential Policy in the Euro Area," Working Papers 307121127, Lancaster University Management School, Economics Department.
    7. Hubert, Paul & Labondance, Fabien, 2021. "The signaling effects of central bank tone," European Economic Review, Elsevier, vol. 133(C).
    8. Ari Kutai, 2023. "Measuring The Effect Of Forward Guidance In Small Open Economies: The Case Of Israel," Israel Economic Review, Bank of Israel, vol. 21(1), pages 75-142, March.
    9. Guinea, Laurentiu & Puch, Luis A. & Ruiz, Jesús, 2024. "Energy news shocks and their propagation to renewable and fossil fuels use," Energy Economics, Elsevier, vol. 130(C).
    10. Yangyang Ji, 2021. "Are Technology Shocks More Expansionary at the ZLB?," CESifo Economic Studies, CESifo Group, vol. 67(3), pages 296-317.
    11. Brubakk, Leif & ter Ellen, Saskia & Robstad, Ørjan & Xu, Hong, 2019. "The macroeconomic effects of forward communication," Working Paper 2019/20, Norges Bank.
    12. Leonardo N. Ferreira, 2020. "Forward Guidance Matters: Disentangling Monetary Policy Shocks," Working Papers 912, Queen Mary University of London, School of Economics and Finance.
    13. Liao, Shian-Yu & Chen, Been-Lon, 2023. "News shocks to investment-specific technology in business cycles," European Economic Review, Elsevier, vol. 152(C).
    14. Puch González, Luis Antonio & Guinea, Laurentiu & Ruiz, Jesús, 2024. "The asymmetry puzzle: the supply chain disruptions news shocks effects on oil prices and inflation," UC3M Working papers. Economics 43758, Universidad Carlos III de Madrid. Departamento de Economía.
    15. Mirela Miescu, 2022. "Forward guidance shocks," Working Papers 352591340, Lancaster University Management School, Economics Department.
    16. Paul Rudel & Peter Tillmann, 2018. "News Shock Spillovers: How the Euro Area Responds to Expected Fed Policy," MAGKS Papers on Economics 201832, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).

  11. Nadav Ben Zeev, 2015. "WHAT CAN WE LEARN ABOUT NEWS SHOCKS FROM THE LATE 1990s AND EARLY 2000s BOOM-BUST PERIOD?," Working Papers 1501, Ben-Gurion University of the Negev, Department of Economics.

    Cited by:

    1. Raffaella Giacomini & Toru Kitagawa & Matthew Read, 2023. "Identification and Inference under Narrative Restrictions," RBA Research Discussion Papers rdp2023-07, Reserve Bank of Australia.
    2. Yoonseok Choi, 2020. "Investment Shocks, Consumption Puzzle, And Business Cycles," Economic Inquiry, Western Economic Association International, vol. 58(3), pages 1387-1400, July.
    3. Laurentiu Guinea & Luis A. Puch & Jesús Ruiz, 2019. "News-driven housing booms: Spain vs. Germany," Documentos de Trabajo del ICAE 2019-32, Universidad Complutense de Madrid, Facultad de Ciencias Económicas y Empresariales, Instituto Complutense de Análisis Económico.
    4. Nicolo Maffei-Faccioli & Eugenia Vella, 2021. "Does Immigration Grow the Pie? Asymmetric Evidence from Germany," DEOS Working Papers 2105, Athens University of Economics and Business.
    5. Robin Braun & Ralf Brüggemann, 2020. "Identification of SVAR Models by Combining Sign Restrictions With External Instruments," Working Paper Series of the Department of Economics, University of Konstanz 2020-01, Department of Economics, University of Konstanz.
    6. Brianti, Marco & Gáti, Laura, 2023. "Information and communication technologies and medium-run fluctuations," Journal of Economic Dynamics and Control, Elsevier, vol. 156(C).
    7. Marco Stenborg Petterson & David Seim & Jesse M. Shapiro, 2023. "Bounds on a Slope from Size Restrictions on Economic Shocks," American Economic Journal: Microeconomics, American Economic Association, vol. 15(3), pages 552-572, August.
    8. Ferroni, Filippo & Canova, Fabio, 2020. "A hitchhiker guide to empirical macro models," CEPR Discussion Papers 15446, Centre for Economic Policy Research.
    9. Katarzyna Budnik & Gerhard Rünstler, 2023. "Identifying structural VARs from sparse narrative instruments: Dynamic effects of US macroprudential policies," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 38(2), pages 186-201, March.
    10. Berger, Tino & Richter, Julia & Wong, Benjamin, 2021. "A unified approach for jointly estimating the business and financial cycle, and the role of financial factors," University of Göttingen Working Papers in Economics 415, University of Goettingen, Department of Economics.
    11. An, Lian & Wynne, Mark A. & Zhang, Ren, 2021. "Shock-dependent exchange rate pass-through: Evidence based on a narrative sign approach for Japan," Journal of International Money and Finance, Elsevier, vol. 118(C).
    12. Miranda-Agrippino, Silvia & Hacıoglu Hoke, Sinem, 2018. "When creativity strikes: news shocks and business cycle fluctuations," LSE Research Online Documents on Economics 90381, London School of Economics and Political Science, LSE Library.
    13. Filippo Ferroni & Jonas D. M. Fisher & Leonardo Melosi, 2022. "Usual Shocks in our Usual Models," Working Paper Series WP 2022-39, Federal Reserve Bank of Chicago.
    14. Garcia, Pablo & Jacquinot, Pascal & Lenarčič, Črt & Lozej, Matija & Mavromatis, Kostas, 2021. "Global models for a global pandemic: the impact of COVID-19 on small euro area economies," Working Paper Series 2603, European Central Bank.
    15. Matthew Read, 2026. "Shock-percentile Restrictions for SVARs," RBA Research Discussion Papers rdp2026-01, Reserve Bank of Australia.
    16. Ahmed, M. Iqbal & Farah, Quazi Fidia, 2022. "On the macroeconomic effects of news about innovations of information technology," Journal of Macroeconomics, Elsevier, vol. 71(C).
    17. Ferreira, Leonardo N., 2022. "Forward guidance matters: Disentangling monetary policy shocks," Journal of Macroeconomics, Elsevier, vol. 73(C).
    18. Helmut Herwartz & Alexander Lange, 2024. "How certain are we about the role of uncertainty in the economy?," Economic Inquiry, Western Economic Association International, vol. 62(1), pages 126-149, January.
    19. Ioannou, Demosthenes & Pagliari, Maria Sole & Stracca, Livio, 2024. "The international impact of a fragile EMU," European Economic Review, Elsevier, vol. 161(C).
    20. Ma, Xiaohan, 2018. "Investment specific technology, news, sentiment, and fluctuations: Evidence from nowcast data," Journal of Macroeconomics, Elsevier, vol. 57(C), pages 55-70.
    21. Pinter, Gabor, 2018. "Macroeconomic shocks and risk premia," LSE Research Online Documents on Economics 90370, London School of Economics and Political Science, LSE Library.
    22. Nadav Ben Zeev, 2019. "Is There A Single Shock That Drives The Majority Of Business Cycle Fluctuations?," Working Papers 1906, Ben-Gurion University of the Negev, Department of Economics.
    23. Chi-Wei Su & Lu Liu & Kai-Hua Wang, 2020. "Do Bubble Behaviors Exist in Chinese Film Stocks?," SAGE Open, , vol. 10(4), pages 21582440209, December.
    24. Elstner, Steffen & Grimme, Christian & Kecht, Valentin & Lehmann, Robert, 2022. "The diffusion of technological progress in ICT," European Economic Review, Elsevier, vol. 149(C).
    25. Kilian, Lutz & Zhou, Xiaoqing, 2019. "Does Drawing Down the U.S. Strategic Petroleum Reserve Help Stabilize Oil Prices?," CEPR Discussion Papers 13849, Centre for Economic Policy Research.
    26. Liao, Shian-Yu & Chen, Been-Lon, 2023. "News shocks to investment-specific technology in business cycles," European Economic Review, Elsevier, vol. 152(C).
    27. Saskia Ter Ellen & Vegard H. Larsen & Leif Anders Thorsrud, 2022. "Narrative Monetary Policy Surprises and the Media," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 54(5), pages 1525-1549, August.

  12. Pappa, Evi & Ben Zeev, Nadav, 2014. "Chronicle of a War Foretold: The Macroeconomic Effects of Anticipated Defense Spending Shocks," CEPR Discussion Papers 9948, Centre for Economic Policy Research.

    Cited by:

    1. Takumah, Wisdom & Ujah, Nacasius, 2025. "Defense spending and asset prices: The role of cointegration and high-dimensional macroeconomic data," Economic Analysis and Policy, Elsevier, vol. 87(C), pages 2346-2359.
    2. Choi, Sangyup & Shin, Junhyeok & Yoo, Seung Yong, 2022. "Are government spending shocks inflationary at the zero lower bound? New evidence from daily data," Journal of Economic Dynamics and Control, Elsevier, vol. 139(C).
    3. Deleidi, Matteo & Iafrate, Francesca & Levrero, Enrico Sergio, 2020. "Public investment fiscal multipliers: An empirical assessment for European countries," Structural Change and Economic Dynamics, Elsevier, vol. 52(C), pages 354-365.
    4. Leonardo Melosi & Hiroshi Morita & Anna Rogantini Picco & Francesco Zanetti, 2024. "The Signaling Effects of Fiscal Announcements," Discussion Papers 2436, Centre for Macroeconomics (CFM).
    5. Konstantinou, Panagiotis Th. & Partheniou, Andromachi, 2021. "The Effects of Government Spending Over the Business Cycle: A Disaggregated Analysis for OECD and Non-OECD Countries," The Quarterly Review of Economics and Finance, Elsevier, vol. 80(C), pages 809-822.
    6. Rüth, Sebastian K. & Simon, Camilla, 2022. "How do income and the debt position of households propagate fiscal stimulus into consumption?," Journal of Economic Dynamics and Control, Elsevier, vol. 143(C).
    7. Laumer, Sebastian, 2020. "Government spending and heterogeneous consumption dynamics," Journal of Economic Dynamics and Control, Elsevier, vol. 114(C).
    8. Panagiotis Th. Konstantinou & Andromachi Partheniou & Athanasios Tagkalakis, 2025. "A Functional Classification Analysis of Government Spending Multipliers," Open Economies Review, Springer, vol. 36(4), pages 1157-1192, September.
    9. Brianti, Marco & Gáti, Laura, 2023. "Information and communication technologies and medium-run fluctuations," Journal of Economic Dynamics and Control, Elsevier, vol. 156(C).
    10. Laurent Ferrara & Luca Metelli & Filippo Natoli & Daniele Siena, 2020. "Questioning the puzzle: Fiscal policy, exchange rate and inflation," Working papers 752, Banque de France.
    11. Jan Philipp Fritsche & Mathias Klein & Malte Rieth, 2020. "Government Spending Multipliers in (Un)certain Times," Discussion Papers of DIW Berlin 1901, DIW Berlin, German Institute for Economic Research.
    12. Davide Furceri & Mr. Prakash Loungani & Ms. Aleksandra Zdzienicka, 2016. "The Effects of Monetary Policy Shocks on Inequality," IMF Working Papers 2016/245, International Monetary Fund.
    13. Valerie A. Ramey, 2019. "Ten Years after the Financial Crisis: What Have We Learned from the Renaissance in Fiscal Research?," NBER Working Papers 25531, National Bureau of Economic Research, Inc.
    14. Bredemeier, Christian & Juessen, Falko & Schabert, Andreas, 2022. "Why are fiscal multipliers moderate even under monetary accommodation?," European Economic Review, Elsevier, vol. 141(C).
    15. Huang, Kevin X.D. & Liu, Fengqi & Meng, Qinglai & Xue, Jianpo, 2022. "Keeping up with the Joneses and the consumption response to government spending," Economics Letters, Elsevier, vol. 220(C).
    16. Tuan Ho Quoc & Wenyi Shen, 2026. "The business cycle state‐dependent effects of tax news: A joint‐state analysis," Economic Inquiry, Western Economic Association International, vol. 64(2), pages 702-723, April.
    17. João Tovar Jalles, 2020. "The impact of financial crises on the environment in developing countries," Annals of Finance, Springer, vol. 16(2), pages 281-306, June.
    18. Kang, Jihye & Kim, Soyoung, 2022. "Government spending news and surprise shocks: It’s the timing and persistence," Journal of Macroeconomics, Elsevier, vol. 73(C).
    19. Guido Ascari & Peder Beck-Friis & Anna Florio & Alessandro Gobbi, 2021. "Fiscal foresight and the effects of government spending: It’s all in the monetary-fiscal mix," Discussion Papers 2112, Centre for Macroeconomics (CFM).
    20. Kjell Hausken & John F. Moxnes, 2019. "Innovation, Development and National Indices," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 141(3), pages 1165-1188, February.
    21. Tovar Jalles, João & Park, Donghyun & Qureshi, Irfan, 2024. "Public and Private Investment as Catalysts for Growth: An analysis of emerging markets and developing economies with a focus on Asia," Journal of International Money and Finance, Elsevier, vol. 148(C).
    22. Jørgensen, Peter L. & Ravn, Søren H., 2022. "The inflation response to government spending shocks: A fiscal price puzzle?," European Economic Review, Elsevier, vol. 141(C).
    23. Simona Lorena Comi & Elena Cottini & Claudio Lucifora, 2020. "The effect of retirement on social relationships: new evidence from SHARE," DISCE - Working Papers del Dipartimento di Economia e Finanza def088, Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE).
    24. Ricco, Giovanni & Callegari, Giovanni & Cimadomo, Jacopo, 2014. "Signals from the Government: Policy Uncertainty and the Transmission of Fiscal Shocks," MPRA Paper 56136, University Library of Munich, Germany.
    25. Shingo Watanabe, 2019. "What Do British Historical Data Tell Us About Government Spending Multipliers?," Economic Inquiry, Western Economic Association International, vol. 57(2), pages 1141-1162, April.
    26. Antonello d’Alessandro & Giulio Fella & Leonardo Melosi, 2018. "Fiscal Stimulus with Learning-By-Doing," Discussion Papers 1818, Centre for Macroeconomics (CFM).
    27. Emilio Colombo & Davide Furceri & Pietro Pizzuto & Patrizio Tirelli, 2022. "Fiscal Multipliers and Informality," IMF Working Papers 2022/082, International Monetary Fund.
    28. Bandyopadhyay, Sanghamitra & Sun, Rui, 2025. "Size matters: Measuring the effects of inequality and growth shocks," China Economic Review, Elsevier, vol. 93(C).
    29. Efrem Castelnuovo & Guay C. Lim, 2018. "What Do We Know about the Macroeconomic Effects of Fiscal Policy? A Brief Survey of the Literature on Fiscal Multipliers," CESifo Working Paper Series 7366, CESifo.
    30. Jo, Taewoong & Kang, Jihye & Hur, Joonyoung, 2025. "What do we know about estimating government spending multipliers?," Journal of Macroeconomics, Elsevier, vol. 86(C).
    31. João Tovar Jalles & Donghyun Park & Irfan Qureshi, 2024. "Public versus Private Investment Multipliers in Emerging Market and Developing Economies: Cross-Country Analysis with a Focus on Asia," ADB Economics Working Paper Series 737, Asian Development Bank.
    32. Désirée I. Christofzik & Angela Fuest & Robin Jessen, 2022. "Macroeconomic Effects of the Anticipation and Implementation of Tax Changes in Germany: Evidence from a Narrative Account," Economica, London School of Economics and Political Science, vol. 89(353), pages 62-81, January.
    33. Deokwoo Nam & Jian Wang, 2019. "Mood Swings and Business Cycles: Evidence from Sign Restrictions," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 51(6), pages 1623-1649, September.
    34. Paul Beaudry & Franck Portier, 2014. "News-Driven Business Cycles: Insights and Challenges," Journal of Economic Literature, American Economic Association, vol. 52(4), pages 993-1074, December.
    35. Klieber, Karin & Coulombe, Philippe Goulet, 2025. "Opening the black box of local projections," Working Paper Series 3105, European Central Bank.
    36. Stefano Fasani & Mirela Miescu & Lorenza Rossi, 2026. "Nonlinearities With Deanchored Inflation Expectations," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 67(3), pages 977-996, August.
    37. Aloui, Rym, 2024. "Habit formation and the government spending multiplier," Economic Modelling, Elsevier, vol. 132(C).
    38. Alvaro Fernandez-Gallardo & Ivan Paya, 2020. "Macroprudential Policy in the Euro Area," Working Papers 307121127, Lancaster University Management School, Economics Department.
    39. Belke, Ansgar & Goemans, Pascal, 2019. "Uncertainty and non-linear macroeconomic effects of fiscal policy in the US: A SEIVAR-based analysis," Ruhr Economic Papers 826, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
    40. Nadav Ben Zeev & Christopher Gunn & Hashmat Khan, 2020. "Monetary News Shocks," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 52(7), pages 1793-1820, October.
    41. Rodríguez-López, Jesús & Solis-Garcia, Mario, 2024. "On the decline in the magnitude of the expenditure multiplier," Macroeconomic Dynamics, Cambridge University Press, vol. 28(6), pages 1313-1345, September.
    42. Francesco Amodeo & Edoardo Briganti, 2025. "High-Frequency Cross-Sectional Identification of Military News Shocks," Staff Working Papers 25-27, Bank of Canada.
    43. Philippe Goulet Coulombe & Karin Klieber, 2025. "Opening the Black Box of Local Projections," Papers 2505.12422, arXiv.org, revised Jul 2025.
    44. Ben Zeev, Nadav & Pappa, Evi, 2015. "Multipliers of unexpected increases in defense spending: An empirical investigation," Journal of Economic Dynamics and Control, Elsevier, vol. 57(C), pages 205-226.
    45. Latifi, Albina & Naboka-Krell, Viktoriia & Tillmann, Peter & Winker, Peter, 2024. "Fiscal policy in the Bundestag: Textual analysis and macroeconomic effects," European Economic Review, Elsevier, vol. 168(C).
    46. Favero, Carlo A. & Karamysheva, Madina, 2015. "What Do We Know About Fiscal Multipliers?," CEPR Discussion Papers 10986, Centre for Economic Policy Research.
    47. Asif Tariq & Aadil Amin & Masroor Ahmad, 2024. "Deciphering the non-linear nexus between government size and inflation in MENA countries: an application of dynamic-panel threshold model," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 13(1), pages 1-20, December.
    48. Michal Hlavacek & Ilgar Ismayilov, 2022. "Meta-analysis: Fiscal Multiplier," Working Papers IES 2022/07, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, revised May 2022.
    49. Jesús Rodríguez-López & Mario Solís-García, 2020. "On the Magnitude of the Expenditure Multiplier," Working Papers 20.05, Universidad Pablo de Olavide, Department of Economics.
    50. Nelimarkka, Jaakko, 2017. "The effects of government spending under anticipation: the noncausal VAR approach," MPRA Paper 81303, University Library of Munich, Germany.
    51. Colombo, Emilio & Furceri, Davide & Pizzuto, Pietro & Tirelli, Patrizio, 2024. "Public expenditure multipliers and informality," European Economic Review, Elsevier, vol. 164(C).
    52. Markus Brückner & Evi Pappa, 2015. "News Shocks in the Data: Olympic Games and Their Macroeconomic Effects," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 47(7), pages 1339-1367, October.
    53. Andrea Recine & Massimiliano Tancioni, 2025. "Macroeconomic Effects of Government Defense and Non-Defense R&D," CIMEO Working Paper Series 192, Centre for Investigation and Modelling of Experimental Observations (CIMEO).
    54. Yang Yang & Ren Zhang, 2025. "Combining Proxies and Narrative Sign Restrictions: Revisiting the Effects of Technology Shocks," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 40(5), pages 554-568, August.
    55. Jesús Rodríguez-López & Mario Solís-García, 2018. "Defense spending and fiscal multipliers: it's all in the variance," Working Papers 18.06, Universidad Pablo de Olavide, Department of Economics.
    56. Goemans, Pascal & Belke, Ansgar, 2019. "Uncertainty and non-linear macroeconomic effects of fiscal policy in the US: A SEIVAR-based analysis," VfS Annual Conference 2019 (Leipzig): 30 Years after the Fall of the Berlin Wall - Democracy and Market Economy 203538, Verein für Socialpolitik / German Economic Association.
    57. Dake Li & Mikkel Plagborg-Møller & Christian K. Wolf, 2021. "Local Projections vs. VARs: Lessons From Thousands of DGPs," Working Papers 2021-55, Princeton University. Economics Department..
    58. Ansgar Belke & Steffen Elstner & Svetlana Rujin, 2022. "Growth Prospects and the Trade Balance in Advanced Economies," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 84(5), pages 1209-1234, October.
    59. Ferrara, Laurent & Metelli, Luca & Natoli, Filippo & Siena, Daniele, 2021. "Questioning the puzzle: Fiscal policy, real exchange rate and inflation," Journal of International Economics, Elsevier, vol. 133(C).
    60. Givens, Gregory, 2019. "Unemployment, Partial Insurance, and the Multiplier Effects of Government Spending," MPRA Paper 96811, University Library of Munich, Germany.
    61. Adrien Auclert & Matthew Rognlie & Ludwig Straub, 2018. "The Intertemporal Keynesian Cross," NBER Working Papers 25020, National Bureau of Economic Research, Inc.
    62. João Tovar Jalles, 2019. "Crises and Emissions: New Empirical Evidence from a Large Sample," Working Papers REM 2019/83, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa.
    63. Romain Duval & Davide Furceri, 2018. "The Effects of Labor and Product Market Reforms: The Role of Macroeconomic Conditions and Policies," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 66(1), pages 31-69, March.
    64. Karamysheva, Madina & Skrobotov, Anton, 2022. "Do we reject restrictions identifying fiscal shocks? identification based on non-Gaussian innovations," Journal of Economic Dynamics and Control, Elsevier, vol. 138(C).
    65. Byung Ho Lee & Kwangyong Park, 2023. "External Information and Fiscal Multipliers," Korean Economic Review, Korean Economic Association, vol. 39, pages 347-379.
    66. Andrea Boitani & Salvatore Perdichizzi & Chiara Punzo, 2020. "Nonlinearities and expenditure multipliers in the Eurozone," DISCE - Working Papers del Dipartimento di Economia e Finanza def089, Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE).
    67. Jamil Sayeed & Deen Islam, 2025. "International Transmission of Fiscal News Shock: Evidence from Defense Spending," Defence and Peace Economics, Taylor & Francis Journals, vol. 36(1), pages 126-140, January.
    68. Duque Gabriel, Ricardo & Klein, Mathias & Pesso, Ana Sofia, 2020. "The Effects of Government Spending in the Eurozone," Working Paper Series 400, Sveriges Riksbank (Central Bank of Sweden).
    69. Ricco, Giovanni & Callegari, Giovanni & Cimadomo, Jacopo, 2016. "Signals from the government: Policy disagreement and the transmission of fiscal shocks," Journal of Monetary Economics, Elsevier, vol. 82(C), pages 107-118.
    70. Barnichon, Regis & Matthes, Christian, 2016. "Understanding the Size of the Government Spending Multiplier: It's in the Sign," CEPR Discussion Papers 11373, Centre for Economic Policy Research.
    71. Lee, Eun Kyung & Park, Kwangyong, 2021. "Identifying government spending shocks and multipliers in Korea," Journal of Asian Economics, Elsevier, vol. 76(C).
    72. Härtl, Tilmann, 2022. "Identifying Proxy VARs with Restrictions on the Forecast Error Variance," VfS Annual Conference 2022 (Basel): Big Data in Economics 264071, Verein für Socialpolitik / German Economic Association.
    73. Matthieu Bordenave & Giovanna Ciaffi, 2025. "Measuring Green Fiscal Multipliers: Heterogeneity in European Countries," FMM Working Paper 121-2025, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
    74. Giovanna Ciaffi & Matteo Deleidi & Michele Capriati, 2024. "Government spending, multipliers, and public debt sustainability: an empirical assessment for OECD countries," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 41(2), pages 521-542, July.
    75. Metiu, Norbert & Prieto, Esteban, 2025. "Time-varying stock return correlation, news shocks, and business cycles," European Economic Review, Elsevier, vol. 172(C).
    76. Di Casola, Paola & Grothe, Magdalena, 2026. "Housing wealth and monetary policy transmission: cross-country evidence," Working Paper Series 3204, European Central Bank.
    77. Stéphane Auray & Aurélien Eyquem, 2014. "War, Taxes and Trade," Working Papers 2014-29, Center for Research in Economics and Statistics.
    78. Stéphane Auray & Aurélien Eyquem, 2016. "Episodes of War and Peace in an Estimated Open Economy Model," Working Papers 2016-01, Center for Research in Economics and Statistics.
    79. Jiaming Huang & Luca Neri, 2026. "Beyond Validity: SVAR Identification Through the Proxy Zoo," Papers 2601.11195, arXiv.org.
    80. Mr. Abdul d Abiad & Davide Furceri & Petia Topalova, 2015. "The Macroeconomic Effects of Public Investment: Evidence from Advanced Economies," IMF Working Papers 2015/095, International Monetary Fund.
    81. Sangyup Choi & Kyung Woong Koh, 2026. "Resolving the Fiscal Price Puzzle: General Equilibrium Effects and the Composition of Government Spending," Working papers 2026rwp-280, Yonsei University, Yonsei Economics Research Institute.
    82. 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).
    83. Gregory E. Givens & Tavoy D. Reid, 2026. "Strengthening the micro origins of macro multipliers via partial insurance and increasing returns," Economic Inquiry, Western Economic Association International, vol. 64(2), pages 724-747, April.
    84. Albori, Marco & Ferriani, Fabrizio & Ristuccia, Livia, 2026. "Beyond military sales: The market premium on dual-use R&D in the defence sector," Economics Letters, Elsevier, vol. 260(C).
    85. Masten, Igor & Grdović Gnip, Ana, 2019. "Macroeconomic effects of public investment in South-East Europe," Journal of Policy Modeling, Elsevier, vol. 41(6), pages 1179-1194.
    86. Montiel Olea, José L. & Stock, James H. & Watson, Mark W., 2021. "Inference in Structural Vector Autoregressions identified with an external instrument," Journal of Econometrics, Elsevier, vol. 225(1), pages 74-87.
    87. Yong, Chen & Dingming, Liu, 2019. "How does government spending news affect interest rates? Evidence from the United States," Journal of Economic Dynamics and Control, Elsevier, vol. 108(C).
    88. Michal Hlavacek & Ilgar Ismayilov, 2024. "Uncovering Publication Bias in Fiscal Multiplier Estimates," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 74(4), pages 392-431, October.
    89. Jalles, João Tovar & Pessino, Carola, 2025. "Fiscal consolidations in developing countries with a Latin America focus: The role of inequality, informality and corruption," Journal of Macroeconomics, Elsevier, vol. 84(C).
    90. Di Serio, Mario & Fragetta, Matteo & Gasteiger, Emanuel & Melina, Giovanni, 2023. "The Euro Area Government Spending Multiplier in Demand- and Supply-Driven Recessions?," ECON WPS - Working Papers in Economic Theory and Policy 02/2023, TU Wien, Institute of Statistics and Mathematical Methods in Economics, Economics Research Unit.
    91. Florian Huber & Christian Matthes & Michael Pfarrhofer, 2024. "General Seemingly Unrelated Local Projections," Papers 2410.17105, arXiv.org, revised Jun 2026.
    92. Karsten Staehr & Olegs Tkacevs & Ann Merit Toiger, 2026. "Fiscal Shocks and Public Debt Dynamics in the European Union. New Evidence using Forecast-Error Identification," Working Papers 2026/02, Latvijas Banka.
    93. Haroon Mumtaz & Konstantinos Theodoridis, 2023. "The Federal Reserve'S Implicit Inflation Target And Macroeconomic Dynamics: An Svar Analysis," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 64(4), pages 1749-1775, November.
    94. NAM, Deokwoo & LI, Xiaole, 2024. "The Stimulative Effects of Anticipated Government Spending Expansions : Evidence from Survey Forecasts," Hitotsubashi Journal of Economics, Hitotsubashi University, vol. 65(1), pages 1-31, June.
    95. Ricco, Giovanni, 2015. "A new identification of fiscal shocks based on the information flow," Working Paper Series 1813, European Central Bank.
    96. Olejnik, Łukasz Wiktor, 2023. "Short-run multiplier effects of military expenditures in NATO's Eastern Flank countries in 1999–2021," Journal of Comparative Economics, Elsevier, vol. 51(4), pages 1344-1355.
    97. Boug, Pål & Brasch, Thomas von & Cappelen, Ådne & Hammersland, Roger & Hungnes, Håvard & Kolsrud, Dag & Skretting, Julia & Strøm, Birger & Vigtel, Trond C., 2023. "Fiscal policy, macroeconomic performance and industry structure in a small open economy," Journal of Macroeconomics, Elsevier, vol. 76(C).
    98. Masataka Eguchi & Yuhki Hosoya & Mai Yamada, 2023. "The Consumption Multiplier of Government Spending: The Role of Substitutability between Government Spending and Leisure," ISER Discussion Paper 1211, Institute of Social and Economic Research, The University of Osaka.
    99. Rüth, Sebastian K. & Simon, Camilla, 2020. "How Do Income and the Debt Position of Households Propagate Public into Private Spending?," Working Papers 0676, University of Heidelberg, Department of Economics.
    100. Bokan, Nikola & Jacquinot, Pascal & Lalik, Magdalena & Müller, Georg & Priftis, Romanos & Rigato, Rodolfo, 2025. "Macroeconomic impacts of higher defence spending: a model-based assessment," Economic Bulletin Articles, European Central Bank, vol. 6.
    101. Takumah, Wisdom, 2021. "Effects of government spending on consumption Dynamics," MPRA Paper 109171, University Library of Munich, Germany, revised 09 Jul 2021.
    102. Syed M. Hussain & Lin Liu, 2024. "Macroeconomic effects of discretionary tax changes in Canada: Evidence from a new narrative measure of tax shocks," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 57(1), pages 78-107, February.
    103. Ko, Dong Gyun, 2025. "Did the American Rescue Plan cause inflation? A synthetic control approach," Economic Modelling, Elsevier, vol. 143(C).
    104. Mori, Lorenzo, 2026. "Fiscal shocks and the surge of inflation," European Economic Review, Elsevier, vol. 187(C).
    105. Sanghamitra Bandyopadhyay & Rui Sun, 2020. "Size matters: measuring the effects of inequality and growth shocks," WIDER Working Paper Series wp-2020-177, World Institute for Development Economic Research (UNU-WIDER).
    106. Takumah, Wisdom, 2023. "Fiscal Policy and Asset Prices in a Dynamic Factor Model with Cointegrated Factors," MPRA Paper 117897, University Library of Munich, Germany, revised 10 Jul 2023.

  13. Nadav Ben Zeev & Hashmat Khan, 2012. "Investment-Specific News Shocks and U.S. Business Cycles," Carleton Economic Papers 12-05, Carleton University, Department of Economics, revised 25 Feb 2013.

    Cited by:

    1. Paul Beaudry & Franck Portier, 2014. "News Driven Business Cycles: Insights and Challenges," 2014 Meeting Papers 289, Society for Economic Dynamics.
    2. Yoonseok Choi, 2020. "Investment Shocks, Consumption Puzzle, And Business Cycles," Economic Inquiry, Western Economic Association International, vol. 58(3), pages 1387-1400, July.
    3. Deni Sugaipov, 2022. "Estimating the impact of terms of trade news shocks on the Russian economy," Applied Econometrics, Russian Academy of National Economy and Public Administration (RANEPA), vol. 66, pages 39-67.
    4. Joel Wagner, 2017. "Anticipated Technology Shocks: A Re-Evaluation Using Cointegrated Technologies," Staff Working Papers 17-11, Bank of Canada.
    5. Brianti, Marco & Gáti, Laura, 2023. "Information and communication technologies and medium-run fluctuations," Journal of Economic Dynamics and Control, Elsevier, vol. 156(C).
    6. Wemy, Edouard, 2021. "Capital-labor substitution elasticity: A simulated method of moments approach," Economic Modelling, Elsevier, vol. 97(C), pages 14-44.
    7. Miranda-Agrippino, Silvia & Hacıoglu Hoke, Sinem, 2018. "When creativity strikes: news shocks and business cycle fluctuations," LSE Research Online Documents on Economics 90381, London School of Economics and Political Science, LSE Library.
    8. Sinem Hacioglu Hoke, 2019. "Macroeconomic effects of political risk shocks," Bank of England Staff Working Paper series 841, Bank of England.
    9. Danilo Cascaldi-Garcia, 2017. "Amplification effects of news shocks through uncertainty," 2017 Papers pca1251, Job Market Papers.
    10. Valerie A. Ramey, 2016. "Macroeconomic Shocks and Their Propagation," NBER Working Papers 21978, National Bureau of Economic Research, Inc.
    11. Stefano Fasani & Haroon Mumtaz & Lorenza Rossi, 2023. "Monetary Policy and Firm Dynamics," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 47, pages 278-296, January.
    12. Coën, Alain & Lefebvre, Benoit & Simon, Arnaud, 2018. "International money supply and real estate risk premium: The case of the London office market," Journal of International Money and Finance, Elsevier, vol. 82(C), pages 120-140.
    13. Francesco Zanetti & Luca Gambetti & Dimitris Korobilis & John D. Tsoukalas, 2017. "The Effect of News Shocks and Monetary Policy," Economics Series Working Papers 838, University of Oxford, Department of Economics.
    14. Boss, Konstantin & Testa, Alessandra, 2025. "What goes around comes around: The US climate-economic cycle," Journal of Macroeconomics, Elsevier, vol. 85(C).
    15. Alvaro Fernandez-Gallardo & Ivan Paya, 2020. "Macroprudential Policy in the Euro Area," Working Papers 307121127, Lancaster University Management School, Economics Department.
    16. Ahmed, M. Iqbal & Farah, Quazi Fidia, 2022. "On the macroeconomic effects of news about innovations of information technology," Journal of Macroeconomics, Elsevier, vol. 71(C).
    17. Hashmat Khan & Christopher R. Knittel & Konstantinos Metaxoglou & Maya Papineau, 2016. "Carbon Emissions and Business Cycles," NBER Working Papers 22294, National Bureau of Economic Research, Inc.
    18. Ben Zeev, Nadav, 2018. "What can we learn about news shocks from the late 1990s and early 2000s boom-bust period?," Journal of Economic Dynamics and Control, Elsevier, vol. 87(C), pages 94-105.
    19. Guinea, Laurentiu & Puch, Luis A. & Ruiz, Jesús, 2023. "Energy News Shocks and their Propagation to Renewable and Fossil Fuels Use," UC3M Working papers. Economics 37355, Universidad Carlos III de Madrid. Departamento de Economía.
    20. Nadav Ben Zeev & Hashmat Khan, 2016. "Investment-Specific News Dominates TFP News in Driving U.S. Business Cycles," Carleton Economic Papers 16-08, Carleton University, Department of Economics, revised 12 Oct 2016.
    21. Chen, Kaiji & Wemy, Edouard, 2015. "Investment-specific technological changes: The source of long-run TFP fluctuations," European Economic Review, Elsevier, vol. 80(C), pages 230-252.
    22. Wesołowski, Grzegorz & Gurshev, Oleg, 2026. "US macroeconomic shocks and international business cycle," Journal of International Money and Finance, Elsevier, vol. 164(C).
    23. Jaulín-Méndez, Oscar & Ramos, Andrey, 2026. "Becoming green: Decomposing the macroeconomic effects of green technology news shocks," Energy Economics, Elsevier, vol. 157(C).
    24. Nadav Ben Zeev & Christopher M. Gunn & Hashmat Khan, 2015. "Monetary News Shocks," Carleton Economic Papers 15-02, Carleton University, Department of Economics, revised 17 Feb 2017.
    25. Ma, Xiaohan, 2018. "Investment specific technology, news, sentiment, and fluctuations: Evidence from nowcast data," Journal of Macroeconomics, Elsevier, vol. 57(C), pages 55-70.
    26. Thomas Drechsel, 2018. "Earnings-Based Borrowing Constraints and Macroeconomic Fluctuations," 2018 Papers pdr141, Job Market Papers.
    27. Alain Coen & Benoît Lefebvre & Arnaud Simon, 2018. "International money supply and real estate risk premium: The case of the London office market," Post-Print hal-01778910, HAL.
    28. Nam, Deokwoo & Wang, Jian, 2014. "Are predictable improvements in TFP contractionary or expansionary: Implications from sectoral TFP?," Economics Letters, Elsevier, vol. 124(2), pages 171-175.
    29. Hashmat Khan & Jean‐François Rouillard & Santosh Upadhayaya, 2026. "Consumer confidence and household investment," Economic Inquiry, Western Economic Association International, vol. 64(2), pages 641-662, April.
    30. Metiu, Norbert & Prieto, Esteban, 2025. "Time-varying stock return correlation, news shocks, and business cycles," European Economic Review, Elsevier, vol. 172(C).
    31. Alisdair McKay & Christian K. Wolf, 2023. "What Can Time-Series Regressions Tell Us About Policy Counterfactuals?," Staff Report 642, Federal Reserve Bank of Minneapolis.
    32. Liu, Ying & Liu, Steve & Wu, Ziqi & Xiao, Yi, 2022. "How do technological innovations affect corporate investment and hiring?," The North American Journal of Economics and Finance, Elsevier, vol. 62(C).
    33. Jiaming Huang & Luca Neri, 2026. "Beyond Validity: SVAR Identification Through the Proxy Zoo," Papers 2601.11195, arXiv.org.
    34. Nadav Ben Zeev, 2019. "Is There A Single Shock That Drives The Majority Of Business Cycle Fluctuations?," Working Papers 1906, Ben-Gurion University of the Negev, Department of Economics.
    35. Elstner, Steffen & Grimme, Christian & Kecht, Valentin & Lehmann, Robert, 2022. "The diffusion of technological progress in ICT," European Economic Review, Elsevier, vol. 149(C).
    36. Yong, Chen & Dingming, Liu, 2019. "How does government spending news affect interest rates? Evidence from the United States," Journal of Economic Dynamics and Control, Elsevier, vol. 108(C).
    37. Görtz, Christoph & Tsoukalas, John D., 2018. "Sectoral TFP news shocks," Economics Letters, Elsevier, vol. 168(C), pages 31-36.
    38. Milani, Fabio, 2017. "Sentiment and the U.S. business cycle," Journal of Economic Dynamics and Control, Elsevier, vol. 82(C), pages 289-311.
    39. 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).
    40. Liyu Dou & Paul Ho & Thomas A. Lubik, 2023. "Max-Share Misidentification," Working Paper 25-02, Federal Reserve Bank of Richmond.
    41. Hafedh BOUAKEZ & Laurent KEMOE, 2017. "News Shocks, Business Cycles, and the Disinflation Puzzle," Cahiers de recherche 05-2017, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
    42. Robert B. Barsky & Susanto Basu & Keyoung Lee, 2015. "Whither News Shocks?," NBER Macroeconomics Annual, University of Chicago Press, vol. 29(1), pages 225-264.
    43. Bekiros, Stelios & Nilavongse, Rachatar & Uddin, Gazi Salah, 2020. "Expectation-driven house prices and debt defaults: The effectiveness of monetary and macroprudential policies," Journal of Financial Stability, Elsevier, vol. 49(C).
    44. Alexander HARIN, 2014. "Partially Unforeseen Events. Corrections and Correcting Formulae for Forecasts," Expert Journal of Economics, Sprint Investify, vol. 2(2), pages 69-79.
    45. Liao, Shian-Yu & Chen, Been-Lon, 2023. "News shocks to investment-specific technology in business cycles," European Economic Review, Elsevier, vol. 152(C).
    46. Christopher M. Gunn, 2014. "Overaccumulation, Interest, and Prices," Carleton Economic Papers 14-07, Carleton University, Department of Economics.
    47. Herrera, Luis & Vázquez, Jesús, 2023. "On the significance of quality-of-capital news shocks," Economic Modelling, Elsevier, vol. 124(C).
    48. Guay, Alain & Pelgrin, Florian, 2023. "Structural VAR models in the Frequency Domain," Journal of Econometrics, Elsevier, vol. 236(1).

Articles

  1. Nadav Ben Zeev & Daniel Nathan, 2024. "Shorting the Dollar When Global Stock Markets Roar: The Equity Hedging Channel of Exchange Rate Determination," The Review of Asset Pricing Studies, Society for Financial Studies, vol. 14(4), pages 640-666.
    See citations under working paper version above.
  2. Ben Zeev, Nadav & Nathan, Daniel, 2024. "The widening of cross-currency basis: When increased FX swap demand meets limits of arbitrage," Journal of International Economics, Elsevier, vol. 152(C).

    Cited by:

    1. Hernández, Juan R., 2025. "Covered interest parity: A forecasting approach to estimate the neutral band," Economic Modelling, Elsevier, vol. 148(C).
    2. Ballensiefen, Benedikt & Somogyi, Fabricius & Winterberg, Hannah, 2026. "Demand for dollars: Evidence from survey expectations," CFR Working Papers 26-04, University of Cologne, Centre for Financial Research (CFR).
    3. Aldunate, Felipe & Da, Zhi & Larrain, Borja & Sialm, Clemens, 2025. "Pension fund flows, exchange rates, and covered interest rate parity," Journal of Financial Economics, Elsevier, vol. 170(C).

  3. Nadav Ben Zeev, 2023. "The TFP Channel of Credit Supply Shocks," The Review of Economics and Statistics, MIT Press, vol. 105(2), pages 425-441, March.
    See citations under working paper version above.
  4. Nadav Ben Zeev & Valerie A. Ramey & Sarah Zubairy, 2023. "Do Government Spending Multipliers Depend on the Sign of the Shock?," AEA Papers and Proceedings, American Economic Association, vol. 113, pages 382-387, May.
    See citations under working paper version above.
  5. Nadav Ben Zeev & Tomer Ifergane, 2022. "Firing Restrictions and Economic Resilience: Protect and Survive?," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 43, pages 93-124, January.
    See citations under working paper version above.
  6. Nadav Ben Zeev & Christopher Gunn & Hashmat Khan, 2020. "Monetary News Shocks," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 52(7), pages 1793-1820, October.
    See citations under working paper version above.
  7. Ben Zeev, Nadav, 2019. "Global credit supply shocks and exchange rate regimes," Journal of International Economics, Elsevier, vol. 116(C), pages 1-32.

    Cited by:

    1. Beatrice D. Scheubel & Livio Stracca & Tille Cedric, 2019. "The Global Financial Cycle and Capital Flow Episodes: A Wobbly Link?," CESifo Working Paper Series 7967, CESifo.
    2. Yan Carrière‐Swallow & Nicolás E. Magud & Juan F. Yépez, 2021. "Exchange rate flexibility, the real exchange rate, and adjustment to terms‐of‐trade shocks," Review of International Economics, Wiley Blackwell, vol. 29(2), pages 439-483, May.
    3. Yang, Jialin & Ge, Ying-En & Li, Kevin X., 2022. "Measuring volatility spillover effects in dry bulk shipping market," Transport Policy, Elsevier, vol. 125(C), pages 37-47.
    4. Iñaki Aldasoro & Paula Beltrán & Federico Grinberg & Tommaso Mancini-Griffoli, 2020. "The macro-financial effects of international bank lending on emerging markets," BIS Working Papers 899, Bank for International Settlements.
    5. Kwon, Janghan, 2025. "Monetary policy credibility and state-dependent exchange rate pass-through in Asia-Pacific countries," Economic Modelling, Elsevier, vol. 151(C).
    6. Choi, Chi-Young & Chudik, Alexander, 2019. "Estimating impulse response functions when the shock series is observed," Economics Letters, Elsevier, vol. 180(C), pages 71-75.
    7. Anaya Longaric, Pablo, 2022. "Foreign currency exposure and the financial channel of exchange rates," Working Paper Series 2739, European Central Bank.
    8. Dąbrowski, Marek A. & Wróblewska, Justyna, 2019. "Insulating property of the flexible exchange rate regime: A case of Central and Eastern European countries," MPRA Paper 93813, University Library of Munich, Germany.
    9. Carabarín Aguirre Mauricio & Peláez Gómez Carlos D., 2021. "Financial Frictions in Mexico: Evidence from the Credit Spread and its Components," Working Papers 2021-20, Banco de México.
    10. Lozej, Matija & Onorante, Luca & Rannenberg, Ansgar, 2023. "Countercyclical capital regulation in a small open economy DSGE model," Macroeconomic Dynamics, Cambridge University Press, vol. 27(5), pages 1230-1267, July.
    11. Flaccadoro, Marco & Nispi Landi, Valerio, 2025. "Foreign monetary policy and domestic inflation in emerging markets," Journal of International Money and Finance, Elsevier, vol. 159(C).
    12. Elías Albagli & Mauricio Calani & Metodij Hadzi-Vaskov & Mario Marcel & Mr. Luca A Ricci, 2020. "Comfort in Floating: Taking Stock of Twenty Years of Freely-Floating Exchange Rate in Chile," IMF Working Papers 2020/100, International Monetary Fund.
    13. Dąbrowski, Marek A. & Papież, Monika & Śmiech, Sławomir, 2019. "Classifying de facto exchange rate regimes of financially open and closed economies: A statistical approach," MPRA Paper 91348, University Library of Munich, Germany.
    14. Mikhail Mamonov & Anna Pestova, 2023. "The Price of War: Macroeconomic and Cross-Sectional Effects of Sanctions on Russia," CERGE-EI Working Papers wp756, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
    15. Tong, Eric, 2024. "Repercussions of the Russia–Ukraine war," International Review of Economics & Finance, Elsevier, vol. 89(PA), pages 366-390.
    16. Wang, Jian & Wu, Jason, 2021. "Is capital flow management effective? Evidence based on U.S. monetary policy shocks," Journal of International Money and Finance, Elsevier, vol. 118(C).
    17. Ping Wang & Peijie Wang, 2022. "Assessment on estimations of currency basket weights—With coefficient correction for common factor dominance," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 27(1), pages 1401-1418, January.

  8. Ben Zeev, Nadav, 2018. "What can we learn about news shocks from the late 1990s and early 2000s boom-bust period?," Journal of Economic Dynamics and Control, Elsevier, vol. 87(C), pages 94-105.
    See citations under working paper version above.
  9. Ben Zeev, Nadav, 2017. "Capital controls as shock absorbers," Journal of International Economics, Elsevier, vol. 109(C), pages 43-67.

    Cited by:

    1. Kuzman, Tanja & Lazarevic, Jelisaveta & Nedeljkovic, Milan, 2022. "Capital flows liberalisation and macroprudential policies: The effects on credit cycles in emerging economies," Economic Analysis and Policy, Elsevier, vol. 73(C), pages 602-619.
    2. Beatrice D. Scheubel & Livio Stracca & Tille Cedric, 2019. "The Global Financial Cycle and Capital Flow Episodes: A Wobbly Link?," CESifo Working Paper Series 7967, CESifo.
    3. Yang Zhou & Shigeto Kitano, 2026. "Effectiveness of capital controls: gates versus walls," Empirical Economics, Springer, vol. 70(2), pages 1-24, February.
    4. Chokri Zehri & Zagros Madjd‐Sadjadi, 2024. "Capital flow management and monetary policy to control credit growth," Economics and Politics, Wiley Blackwell, vol. 36(2), pages 637-676, July.
    5. Johannes Matschke, 2021. "Macroprudential Policy Interlinkages," Research Working Paper RWP 21-10, Federal Reserve Bank of Kansas City.
    6. Andrea Fabiani & Martha López Piñeros & José-Luis Peydró & Paul E. Soto, 2021. "Capital controls, domestic macroprudential policy and the bank lending channel of monetary policy," Economics Working Papers 1816, Department of Economics and Business, Universitat Pompeu Fabra.
    7. Nie,Owen, 2020. "The Information Content of Capital Controls," Policy Research Working Paper Series 9343, The World Bank.
    8. Rebucci, Alessandro & Ma, Chang, 2019. "Capital Controls: A Survey of the New Literature," CEPR Discussion Papers 14186, Centre for Economic Policy Research.
    9. Katharina Bergant & Francesco Grigoli & Niels‐Jakob Hansen & Damiano Sandri, 2024. "Dampening Global Financial Shocks: Can Macroprudential Regulation Help (More than Capital Controls)?," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 56(6), pages 1405-1438, September.
    10. Magud, Nicolas E. & Pienknagura, Samuel, 2025. "Foreign exchange intervention and capital flow measures under external tail risks," Emerging Markets Review, Elsevier, vol. 65(C).
    11. Norring, Anni, 2022. "Taming the tides of capital: Review of capital controls and macroprudential policy in emerging economies," BoF Economics Review 1/2022, Bank of Finland.
    12. Nadav Ben Zeev, 2019. "Asymmetric Business Cycles In Emerging Market Economies," Working Papers 1909, Ben-Gurion University of the Negev, Department of Economics.
    13. Ouyang, Alice Y. & Guo, Shen, 2019. "Macro-prudential policies, the global financial cycle and the real exchange rate," Journal of International Money and Finance, Elsevier, vol. 96(C), pages 147-167.
    14. Iñaki Aldasoro & Paula Beltrán & Federico Grinberg & Tommaso Mancini-Griffoli, 2020. "The macro-financial effects of international bank lending on emerging markets," BIS Working Papers 899, Bank for International Settlements.
    15. Julien Acalin & Alessandro Rebucci, 2020. "Global Business and Financial Cycles: A Tale of Two Capital Account Regimes," NBER Working Papers 27739, National Bureau of Economic Research, Inc.
    16. Ferrero, Andrea & Habib, Maurizio Michael & Stracca, Livio & Venditti, Fabrizio, 2022. "Leaning against the global financial cycle," Working Paper Series 2763, European Central Bank.
    17. Javier Bianchi & Guido Lorenzoni, 2021. "The Prudential Use of Capital Controls and Foreign Currency Reserves," Working Papers 787, Federal Reserve Bank of Minneapolis.
    18. Seung-Gwan Baek & Chi-Young Song, 2019. "What Drives Stops in Cross-Border Bond Flows?," Sustainability, MDPI, vol. 11(14), pages 1-21, July.
    19. Nie, Owen, 2022. "The information content of capital controls," Journal of International Money and Finance, Elsevier, vol. 127(C).
    20. Zhitao Lin & Jinzhao Chen & Xingwang Qian, 2022. "Capital controls and the volatility of the renminbi covered interest deviation," Review of International Economics, Wiley Blackwell, vol. 30(1), pages 205-236, February.
    21. Nadav Ben Zeev, 2017. "Exchange Rate Regimes And Sudden Stops," Working Papers 1712, Ben-Gurion University of the Negev, Department of Economics.
    22. Loipersberger, Florian & Matschke, Johannes, 2022. "Financial cycles and domestic policy choices," European Economic Review, Elsevier, vol. 143(C).
    23. Wang, Jian & Wu, Jason, 2021. "Is capital flow management effective? Evidence based on U.S. monetary policy shocks," Journal of International Money and Finance, Elsevier, vol. 118(C).
    24. Andrea Fabiani & Martha López Piñeros & José-Luis Peydró & Paul E. Soto, 2021. "Capital controls, corporate debt and real effects," Economics Working Papers 1833, Department of Economics and Business, Universitat Pompeu Fabra.

  10. Nadav Ben Zeev & Evi Pappa, 2017. "Chronicle of a War Foretold: The Macroeconomic Effects of Anticipated Defence Spending Shocks," Economic Journal, Royal Economic Society, vol. 127(603), pages 1568-1597, August.
    See citations under working paper version above.
  11. Ben Zeev, Nadav & Pappa, Evi & Vicondoa, Alejandro, 2017. "Emerging economies business cycles: The role of commodity terms of trade news," Journal of International Economics, Elsevier, vol. 108(C), pages 368-376.

    Cited by:

    1. Rodrigo da Silva Souza & Leonardo Bornacki Mattos, 2023. "Macroeconomic effects of oil price shocks on an emerging market economy," Economic Change and Restructuring, Springer, vol. 56(2), pages 803-824, April.
    2. Deni Sugaipov, 2022. "Estimating the impact of terms of trade news shocks on the Russian economy," Applied Econometrics, Russian Academy of National Economy and Public Administration (RANEPA), vol. 66, pages 39-67.
    3. Rodrigo da Silva Souza & Leonardo Bornacki Mattos, 2022. "Oil price shocks and global liquidity: macroeconomic effects on the Brazilian real," International Economics and Economic Policy, Springer, vol. 19(4), pages 761-781, October.
    4. David Kohn & Fernando Leibovici & Håkon Tretvoll, 2018. "Trade in Commodities and Business Cycle Volatility," Working Papers 2018-5, Federal Reserve Bank of St. Louis.
    5. Checherita-Westphal, Cristina & Pesso, Tom, 2024. "Fiscal policy and inflation: accounting for non-linearities in government debt," Working Paper Series 2996, European Central Bank.
    6. Doojav, Gan-Ochir & Luvsannyam, Davaajargal & Enkh-Amgalan, Elbegjargal, 2022. "Effects of global liquidity and commodity market shocks in a commodity-exporting developing economy," MPRA Paper 116831, University Library of Munich, Germany.
    7. Luciano Campos & Jesús Ruiz Andújar, 2021. "Common and Idiosyncratic Components of Latin American Business Cycles Connectedness," Working Papers 91, Red Nacional de Investigadores en Economía (RedNIE).
    8. Ashima Goyal & Abhishek Kumar, 2019. "News, Noise and Indian Business Cycle," Working Papers id:13041, eSocialSciences.
    9. Hem C. Basnet & Satis C. Devkota & Mukti P. Upadhyay, 2021. "Terms of trade and real domestic income: New evidence from South and Southeast Asia," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 26(3), pages 4315-4331, July.
    10. Dvorkin, Maximiliano & Sánchez, Juan M. & Sapriza, Horacio & Yurdagul, Emircan, 2020. "News, sovereign debt maturity, and default risk," Journal of International Economics, Elsevier, vol. 126(C).
    11. Souza, Rodrigo da Silva & Fry-McKibbin, Renée, 2021. "Global liquidity and commodity market interactions: Macroeconomic effects on a commodity exporting emerging market," International Review of Economics & Finance, Elsevier, vol. 76(C), pages 781-800.
    12. Jorge Carrera & Blaise Gnimassoun & Valérie Mignon & Romain Restout, 2020. "Currency misalignments and exchange rate regimes in Latin American countries: a trade-off issue," Working Papers of BETA 2020-17, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    13. Naraidoo, Ruthira & Paez-Farrell, Juan, 2023. "Commodity price shocks, labour market dynamics and monetary policy in small open economies," Journal of Economic Dynamics and Control, Elsevier, vol. 151(C).
    14. Gazzani, Andrea & Herrera, Vicente & Vicondoa, Alejandro, 2026. "The asymmetric effects of commodity price shocks in emerging economies," European Economic Review, Elsevier, vol. 183(C).
    15. Nchofoung, Tii N., 2022. "Trade shocks and labour market resilience in Sub-Saharan Africa: Does the franc zone response differently?," International Economics, Elsevier, vol. 169(C), pages 161-174.
    16. Okubo, Masakatsu, 2023. "Model uncertainty, economic development, and welfare costs of business cycles," Journal of Macroeconomics, Elsevier, vol. 76(C).
    17. Ahmed, M. Iqbal & Farah, Quazi Fidia, 2022. "On the macroeconomic effects of news about innovations of information technology," Journal of Macroeconomics, Elsevier, vol. 71(C).
    18. Jacho, Domenica & Cruz, Zoe & Carrillo-Maldonado, Paul, 2024. "Effect of terms of trade on the Latin American Labor market," International Economics, Elsevier, vol. 180(C).
    19. Acosta-Henao, Miguel & Mihai, Marius, 2026. "News shocks across countries," Journal of International Money and Finance, Elsevier, vol. 166(C).
    20. Federico Di Pace & Luciana Juvenal & Ivan Petrella, 2025. "Terms-of-Trade Shocks Are Not All Alike," American Economic Journal: Macroeconomics, American Economic Association, vol. 17(2), pages 24-64, April.
    21. Vianna, Andre C. & Mollick, Andre V., 2021. "Threshold effects of terms of trade on Latin American growth," Economic Systems, Elsevier, vol. 45(4).
    22. Drechsel, Thomas & Tenreyro, Silvana, 2018. "Commodity booms and busts in emerging economies," LSE Research Online Documents on Economics 86517, London School of Economics and Political Science, LSE Library.
    23. Alexander Villarraga-Orjuela & Paul Joseph Hasselbrinck-Macias & Sandra Rodríguez & María Esperanza Cuenca-Cora & Jana Schmutzler-de Uribe & Alberto Mario De Castro-Correa & Camilo Alberto Madariaga-O, 2024. "Behavioral Insights for Better Public Communication in Health Crisis," Ensayos de Economía 21228, Universidad Nacional de Colombia Sede Medellín.
    24. Lutz Kilian & Michael D. Plante & Alexander W. Richter, 2026. "Estimating Macroeconomic News and Surprise Shocks," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 41(5), pages 597-612, August.
    25. Yang Liu & Liyan Han & Libo Yin, 2018. "Does news uncertainty matter for commodity futures markets? Heterogeneity in energy and non‐energy sectors," Journal of Futures Markets, John Wiley & Sons, Ltd., vol. 38(10), pages 1246-1261, October.
    26. Liu, Jia & Baek, Ingul & Noh, Sanha, 2025. "Commodity terms of trade news and country spreads in emerging economies," Economics Letters, Elsevier, vol. 256(C).
    27. Mikhail Mamonov & Anna Pestova, 2021. ""Sorry, You're Blocked." Economic Effects of Financial Sanctions on the Russian Economy," CERGE-EI Working Papers wp704, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
    28. Renée Fry-McKibbin & Rodrigo da Silva Souza, 2018. "Chinese Resource Demand or Commodity Price Shocks: Macroeconomic Effects for an Emerging Market Economy," CAMA Working Papers 2018-45, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    29. Carrillo-Maldonado, Paul & Díaz-Cassou, Javier, 2023. "An anatomy of external shocks in the Andean region," The Journal of Economic Asymmetries, Elsevier, vol. 27(C).
    30. Ma, Xiaohan, 2018. "Investment specific technology, news, sentiment, and fluctuations: Evidence from nowcast data," Journal of Macroeconomics, Elsevier, vol. 57(C), pages 55-70.
    31. Ivan Khotulev & Konstantin Styrin, 2019. "Optimal monetary and macroprudential policies for financial stability in a commodity-exporting economy," Bank of Russia Working Paper Series wps52, Bank of Russia.
    32. Villca, Alfredo, 2022. "Commodity prices, bank balance sheets and macroprudential policies in small open economies," Latin American Journal of Central Banking (previously Monetaria), Elsevier, vol. 3(1).
    33. Ricardo Andrés Troncoso Sepúlveda, 2022. "Shocks de precios y términos de intercambio para commodities: el caso de Ecuador," Revista Finanzas y Politica Economica, Universidad Católica de Colombia, vol. 14(1), pages 75-98.
    34. Curatola-Melo, Alisson & Guimaraes, Bernardo, 2026. "The causal effects of commodity shocks," Journal of International Economics, Elsevier, vol. 159(C).
    35. Andrey Polbin & Sergey Sinelnikov-Murylev, 2024. "Developing and impulse response matching estimation of the DSGE model for the Russian economy," Applied Econometrics, Russian Academy of National Economy and Public Administration (RANEPA), vol. 73, pages 5-34.
    36. Mikhail Mamonov & Anna Pestova, 2023. "The Price of War: Macroeconomic and Cross-Sectional Effects of Sanctions on Russia," CERGE-EI Working Papers wp756, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
    37. Jesús Lechuga Montenegro & Samuel Vera Oliva, 2024. "El modelo Centro-Periferia desde la Economía Política de la Acumulación," Ensayos de Economía 21277, Universidad Nacional de Colombia Sede Medellín.
    38. Zhang, Zhengyong & Shahzad, Syed Jawad Hussain & Bouri, Elie, 2022. "Tail risk transmission from commodity prices to sovereign risk of emerging economies," Resources Policy, Elsevier, vol. 78(C).
    39. Vicondoa, Alejandro, 2019. "Monetary news in the United States and business cycles in emerging economies," Journal of International Economics, Elsevier, vol. 117(C), pages 79-90.

  12. Nadav Ben Zeev & Hashmat Khan, 2015. "Investment‐Specific News Shocks and U.S. Business Cycles," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 47(7), pages 1443-1464, October.
    See citations under working paper version above.
  13. Ben Zeev, Nadav & Pappa, Evi, 2015. "Multipliers of unexpected increases in defense spending: An empirical investigation," Journal of Economic Dynamics and Control, Elsevier, vol. 57(C), pages 205-226.

    Cited by:

    1. Reinelt, Timo & Meier, Matthias, 2020. "Monetary policy, markup dispersion, and aggregate TFP," Working Paper Series 2427, European Central Bank.
    2. Panagiotis Th. Konstantinou & Andromachi Partheniou & Athanasios Tagkalakis, 2025. "A Functional Classification Analysis of Government Spending Multipliers," Open Economies Review, Springer, vol. 36(4), pages 1157-1192, September.
    3. Tryphonides, Andreas, 2018. "Learning from Errors: The case of monetary and fiscal policy regimes," IRTG 1792 Discussion Papers 2018-022, Humboldt University of Berlin, International Research Training Group 1792 "High Dimensional Nonstationary Time Series".
    4. Davide Furceri & Ms. Aleksandra Zdzienicka, 2018. "Twin Deficits in Developing Economies," IMF Working Papers 2018/170, International Monetary Fund.
    5. Kang, Jihye & Kim, Soyoung, 2022. "Government spending news and surprise shocks: It’s the timing and persistence," Journal of Macroeconomics, Elsevier, vol. 73(C).
    6. Yasuharu Iwata & Hirokuni IIboshi, 2023. "The Nexus between Public Debt and the Government Spending Multiplier: Fiscal Adjustments Matter," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 85(4), pages 830-858, August.
    7. Antonello d’Alessandro & Giulio Fella & Leonardo Melosi, 2018. "Fiscal Stimulus with Learning-By-Doing," Discussion Papers 1818, Centre for Macroeconomics (CFM).
    8. Bettarelli, Luca & Furceri, Davide & Pizzuto, Pietro & Yarveisi, Khatereh, 2024. "Regional fiscal spillovers: The role of trade linkages," Journal of International Money and Finance, Elsevier, vol. 140(C).
    9. Davide Furceri & Jun Ge & Mr. Prakash Loungani & Mr. Giovanni Melina, 2018. "The Distributional Effects of Government Spending Shocks in Developing Economies," IMF Working Papers 2018/057, International Monetary Fund.
    10. F. Bloise & C. Cantore & M. Licchetta & G. Ragusa, 2025. "Monetary Policy And Labour Supply In The Euro Area," Quarterly Report on the Euro Area (QREA), Directorate General Economic and Financial Affairs (DG ECFIN), European Commission, vol. 24(3), pages 19-30, November.
    11. Patrick Blagrave & Giang Ho & Ksenia Koloskova & Mr. Esteban Vesperoni, 2017. "Fiscal Spillovers: The Importance of Macroeconomic and Policy Conditions in Transmission," IMF Spillover Notes 2017/002, International Monetary Fund.
    12. Nadav Ben Zeev & Christopher Gunn & Hashmat Khan, 2020. "Monetary News Shocks," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 52(7), pages 1793-1820, October.
    13. Rodríguez-López, Jesús & Solis-Garcia, Mario, 2024. "On the decline in the magnitude of the expenditure multiplier," Macroeconomic Dynamics, Cambridge University Press, vol. 28(6), pages 1313-1345, September.
    14. S. Calò & R. Kramer & F. Tomasone, 2025. "The Impact Of Public Defence R&D Spending On Private R&D Spending," Quarterly Report on the Euro Area (QREA), Directorate General Economic and Financial Affairs (DG ECFIN), European Commission, vol. 24(3), pages 31-40, November.
    15. Jesús Rodríguez-López & Mario Solís-García, 2020. "On the Magnitude of the Expenditure Multiplier," Working Papers 20.05, Universidad Pablo de Olavide, Department of Economics.
    16. Laure Simon, 2023. "Fiscal Stimulus and Skill Accumulation over the Life Cycle," Staff Working Papers 23-9, Bank of Canada.
    17. Jesús Rodríguez-López & Mario Solís-García, 2018. "Defense spending and fiscal multipliers: it's all in the variance," Working Papers 18.06, Universidad Pablo de Olavide, Department of Economics.
    18. Jia, Bijie, 2018. "Second Thoughts on Estimating Expansionary Fiscal Policy E ffects in the United States," MPRA Paper 90298, University Library of Munich, Germany.
    19. IIBOSHI, Hirokuni & IWATA, Yasuharu, 2023. "The Nexus between Public Debt and the Government Spending Multiplier: Fiscal Adjustments Matter," MPRA Paper 116347, University Library of Munich, Germany.
    20. Abdul Jalil, 2021. "Austerity: Which Way Now?," PIDE Knowledge Brief 2021:21, Pakistan Institute of Development Economics.
    21. Olivier CARDI & Romain RESTOUT, 2023. "Sectoral Fiscal Multipliers And Technology In Open Economy," Working Papers of BETA 2023-20, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    22. Jia, Bijie, 2017. "A Second Thought on Estimating Expansionary Fiscal Policy Effects in the U.S," MPRA Paper 89264, University Library of Munich, Germany, revised Sep 2018.
    23. A. Turrini & J. Guigue & A. Kiss & F. Lanterna & A. Leodolte & C. Leventi & F. Neher & A. Papini & F. Picos & M. Ricci & K. Van Herck, 2025. "Tax Expenditures In The Eu: Recent Trends And New Policy Challenges," Quarterly Report on the Euro Area (QREA), Directorate General Economic and Financial Affairs (DG ECFIN), European Commission, vol. 24(3), pages 7-17, November.

  14. Michael Beenstock & Daniel Felsenstein & Nadav Ben Zeev, 2011. "Capital deepening and regional inequality: an empirical analysis," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 47(3), pages 599-617, December.

    Cited by:

    1. Daniel Felsenstein, 2015. "Factors Affecting Regional Productivity and Innovation in Israel: Some Empirical Evidence," Regional Studies, Taylor & Francis Journals, vol. 49(9), pages 1457-1468, September.
    2. Yuval Arbel & Chaim Fialkoff & Amichai Kerner & Miryam Kerner, 2022. "Do population density, socio-economic ranking and Gini Index of cities influence infection rates from coronavirus? Israel as a case study," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 68(1), pages 181-206, February.
    3. Michael Beenstock, 2022. "Macroeconomics Meets regional science: How national economic activity is Related to regional economic activity," International Regional Science Review, , vol. 45(3), pages 321-351, May.
    4. Michael Beenstock & Daniel Felsenstein & Ziv Rubin, 2017. "Does foreign direct investment polarize regional earnings? Some evidence from Israel," Letters in Spatial and Resource Sciences, Springer, vol. 10(3), pages 385-409, October.
    5. Liu, Qingjun & Sun, Wenkai, 2026. "Provincial-industrial heterogeneity and drivers of green total factor productivity: Evidence from China's industrial sector," Energy Economics, Elsevier, vol. 158(C).
    6. Michael Beenstock, 2017. "How internally mobile is capital?," Letters in Spatial and Resource Sciences, Springer, vol. 10(3), pages 361-374, October.
    7. Eduardo A. Haddad & Renato S. Vieira & Inácio F. Araújo & Silvio M. Ichihara & Fernando S. Perobelli & Karina S. S. Bugarin, 2022. "COVID-19 crisis monitor: assessing the effectiveness of exit strategies in the State of São Paulo, Brazil," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 68(2), pages 501-525, April.
    8. Makram El-Shagi & Steven Yamarik, 2018. "State-Level Capital and Investment: Refinements and Update," CFDS Discussion Paper Series 2018/1, Center for Financial Development and Stability at Henan University, Kaifeng, Henan, China.

Software components

  1. Nadav Ben Zeev & Tomer Ifergane, 2021. "Code and data files for "Firing Restrictions and Economic Resilience: Protect and Survive?"," Computer Codes 19-438, Review of Economic Dynamics.
    See citations under working paper version above.Sorry, no citations of software components recorded.
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