Research classified by Journal of Economic Literature (JEL) codes

---

Top JEL
/ E: Macroeconomics and Monetary Economics
/ / E3: Prices, Business Fluctuations, and Cycles
/ / / E32: Business Fluctuations; Cycles

---

This JEL code is mentioned in the following RePEc Biblio entries:

1. Estimated DSGE Models
2. Dynamic Factor Models
3. Real Business Cycle Theory
4. Labor in RBC models
5. International RBC

2020

• Afees A. Salisu & Rangan Gupta & Elie Bouri & Qiang Ji, 2020, "Forecasting Oil Volatility Using a GARCH-MIDAS Approach: The Role of Global Economic Conditions," Working Papers, University of Pretoria, Department of Economics, number 202051, May.
• Rangan Gupta & Xin Sheng & Mehmet Balcilar & Qiang Ji, 2020, "Time-Varying Impact of Pandemics on Global Output Growth," Working Papers, University of Pretoria, Department of Economics, number 202062, Jul.
• Xin Sheng & Hardik A. Marfatia & Rangan Gupta & Qiang Ji, 2020, "House Price Synchronization across the US States: The Role of Structural Oil Shocks," Working Papers, University of Pretoria, Department of Economics, number 202076, Aug.
• Rangan Gupta & Hardik A. Marfatia & Christian Pierdzioch & Afees A. Salisu, 2020, "Machine Learning Predictions of Housing Market Synchronization across US States: The Role of Uncertainty," Working Papers, University of Pretoria, Department of Economics, number 202077, Aug.
• Goodness C. Aye, 2020, "Effect of Fiscal and Monetary Policies on Economic Activities in South Africa: The Role of Policy Uncertainty," Working Papers, University of Pretoria, Department of Economics, number 202082, Sep.
• Pavel Morda, 2020, "Economic policy response to internal and external shocks
  [Reakce hospodářské politiky na vnitřní a vnější šoky]," Český finanční a účetní časopis, Prague University of Economics and Business, volume 2020, issue 1, pages 41-62, DOI: 10.18267/j.cfuc.543.
• Mohammad Enamul Hoque & Mohd Azlan Shah Zaidi, 2020, "Impacts of Global-Economic-Policy Uncertainty on Emerging Stock Market: Evidence from Linear and Non-Linear Models," Prague Economic Papers, Prague University of Economics and Business, volume 2020, issue 1, pages 53-66, DOI: 10.18267/j.pep.725.
• Agnieszka Leszczyńska-Paczesna, 2020, "Sectoral Price Stickiness and Inflation Persistence in Poland: A Two-Sector DSGE Approach," Prague Economic Papers, Prague University of Economics and Business, volume 2020, issue 2, pages 152-186, DOI: 10.18267/j.pep.735.
• Daron Acemoglu & David Autor & Jonathon Hazell & Pascual Restrepo, 2020, "AI and Jobs: Evidence from Online Vacancies," Working Papers, Princeton University, Department of Economics, Center for Economic Policy Studies., number 279, Dec.
• Anne Duquerroy & Adrien Matray & Farzad Saidi, 2020, "Sticky Deposit Rates and Allocative Effects of Monetary Policy," Working Papers, Princeton University, Department of Economics, Center for Economic Policy Studies., number 280, Dec.
• Natalie Cox & Peter Ganong & Pascal Noel & Joseph Vavra & Arlene Wong, 2020, "Initial impacts of the pandemic on consumer behavior: Evidence from linked income, spending, and savings data," Working Papers, Princeton University. Economics Department., number 2020-39, Jul.
• Simon Mongey & Giovanni L. Violante, 2020, "Macro Recruiting Intensity from Micro Data," Working Papers, Princeton University. Economics Department., number 2020-67, Jan.
• Eleanor J. Choi & Jaewoo Choi & Hyelim Son, 2020, "The Long-Term Effects of Labor Market Entry in a Recession: Evidence from the Asian Financial Crisis," Working Papers, Princeton University, Department of Economics, Industrial Relations Section., number 637, Feb.
• Elena Deryugina & Alexey Ponomarenko, 2020, "Disinflation and Reliability of Underlying Inflation Measures," Central European Journal of Economic Modelling and Econometrics, Central European Journal of Economic Modelling and Econometrics, volume 12, issue 1, pages 91-111, March.
• Daniela Tavasci & Luigi Ventimiglia, 2020, "Una valutazione dellÕausteritˆ e del debito pubblico italiani (An assessment of Italian austerity programs and public debt)," Moneta e Credito, Economia civile, volume 73, issue 292, pages 355-384.
• António Rua & Nuno Lourenço, 2020, "The DEI: tracking economic activity daily during the lockdown," Working Papers, Banco de Portugal, Economics and Research Department, number w202013.
• Navarat Temsumrit, 2020, "Does Democracy Affect Cyclical Fiscal Policy? Evidence From Developing Countries," PIER Discussion Papers, Puey Ungphakorn Institute for Economic Research, number 125, Jan.
• Tosapol Apaitan & Pongsak Luangaram & Pym Manopimoke, 2020, "Uncertainty and Economic Activity: Does it Matter for Thailand?," PIER Discussion Papers, Puey Ungphakorn Institute for Economic Research, number 130, Apr.
• Edoardo Palombo, 2020, "Unconventional Monetary Policy, Leverage & Default Dynamics," Working Papers, Queen Mary University of London, School of Economics and Finance, number 910, Jun.
• Leonardo N. Ferreira, 2020, "Forward Guidance Matters: Disentangling Monetary Policy Shocks," Working Papers, Queen Mary University of London, School of Economics and Finance, number 912, Sep.
• Andrea Colciago & Stefano Fasani & Lorenza Rossi, 2020, "Unemployment, Firm Dynamics, and the Business Cycle," Working Papers, Queen Mary University of London, School of Economics and Finance, number 915, Oct.
• Eugenia Suarez Moran, 2020, "Do corporations care? Corporate Social Responsibility and firm’s engagement," EconoQuantum, Revista de Economia y Finanzas, Universidad de Guadalajara, Centro Universitario de Ciencias Economico Administrativas, Departamento de Metodos Cuantitativos y Maestria en Economia., volume 17, issue 1, pages 7-27, Enero-Jun.
• Benjamin Beckers, 2020, "Credit Spreads, Monetary Policy and the Price Puzzle," RBA Research Discussion Papers, Reserve Bank of Australia, number rdp2020-01, Jan, DOI: 10.47688/rdp2020-01.
• Kim Nguyen & Gianni La Cava, 2020, "Start Spreading the News: News Sentiment and Economic Activity in Australia," RBA Research Discussion Papers, Reserve Bank of Australia, number rdp2020-08, Dec, DOI: 10.47688/rdp2020-08.
• Rojas, Youel, 2020, "Una exploración de la estabilidad de la Curva de Phillips en el Perú," Working Papers, Banco Central de Reserva del Perú, number 2020-003, Feb.
• Pozo, Jorge, 2020, "The Effects of Countercyclical Capital Buffers on Macroeconomic and Financial Stability," Working Papers, Banco Central de Reserva del Perú, number 2020-012, Oct.
• Carrasco, Alex & Florián Hoyle, David, 2020, "External shocks and FX intervention policy in emerging economies," Working Papers, Banco Central de Reserva del Perú, number 2020-015, Dec.
• Daniel Schaefer & Carl Singleton, 2020, "Nominal Wage Adjustments and the Composition of Pay: New Evidence from Payroll Data," Economics Discussion Papers, Department of Economics, University of Reading, number em-dp2020-01, Jan.
• Oleksandr Faryna & Tho Pham & Oleksandr Talavera & Andriy Tsapin, 2020, "Wage Setting and Unemployment: Evidence from Online Job Vacancy Data," Economics Discussion Papers, Department of Economics, University of Reading, number em-dp2020-02, Mar.
• Alexander Mihailov, 2020, "Quantifying the Macroeconomic Effects of the COVID-19 Lockdown: Comparative Simulations of the Estimated Galí-Smets-Wouters Model," Economics Discussion Papers, Department of Economics, University of Reading, number em-dp2020-07, Apr.
• Alexander Mihailov & Giovanni Razzu & Zhe Wang, 2020, "The Gender Unemployment Gap Across the Euro Area: The Role of Macroeconomic Shocks and Labour Market Institutions," Economics Discussion Papers, Department of Economics, University of Reading, number em-dp2020-26, Dec.
• Michael P. Clements, 2020, "Individual Forecaster Perceptions of the Persistence of Shocks to GDP," ICMA Centre Discussion Papers in Finance, Henley Business School, University of Reading, number icma-dp2020-02, Jan.
• Konstantin B chel, Stefan Legge, Vincent Pochon, Philipp Wegm ller, 2020, "Swiss Trade During the COVID-19 Pandemic: An Early Appraisal," Diskussionsschriften, Universitaet Bern, Departement Volkswirtschaft - CRED, number credresearchpaper30, Sep.
• Daniele Siena, 2020, "Online Appendix to "The Euro Area Periphery and Imbalances: Is it an Anticipation Story?"," Online Appendices, Review of Economic Dynamics, number 18-141.
• Kaiji Chen & Patrick Higgins & Tao Zha, 2020, "Online Appendix to "Cyclical Lending Standards: A Structural Analysis"," Online Appendices, Review of Economic Dynamics, number 18-201.
• Ruediger Bachmann & Jinhui Bai & Minjoon Lee & Fudong Zhang, 2020, "Online Appendix to "The Welfare and Distributional Effects of Fiscal Volatility: a Quantitative Evaluation"," Online Appendices, Review of Economic Dynamics, number 18-207.
• Juan Guerra-Salas & Markus Kirchner & Rodrigo Tranamil, 2020, "Online Appendix to "Search Frictions and the Business Cycle in a Small Open Economy DSGE Model"," Online Appendices, Review of Economic Dynamics, number 18-407.
• Robert Barro & Tao Jin, 2020, "Online Appendix to "Rare Events and Long-Run Risks"," Online Appendices, Review of Economic Dynamics, number 18-485.
• Tim Willems, 2020, "Online Appendix to "What Do Monetary Contractions Do? Evidence From\ Large Tightenings"," Online Appendices, Review of Economic Dynamics, number 19-163.
• Brendan Epstein & Alan Finkelstein Shapiro, 2020, "Online Appendix to "Increasing Domestic Financial Participation: Implications for Business Cycles and Labor Markets"," Online Appendices, Review of Economic Dynamics, number 19-234.
• Mark Gertler & Nobuhiro Kiyotaki & Andrea Prestipino, 2020, "Online Appendix to "Credit Booms, Financial Crises, and Macroprudential Policy"," Online Appendices, Review of Economic Dynamics, number 20-160.
• Francesco Furlanetto & Paolo Gelain & Marzie Taheri Sanjani, 2020, "Online Appendix to "Output Gap, Monetary Policy Trade-offs, and Financial Frictions"," Online Appendices, Review of Economic Dynamics, number 20-29.
• Daniele Siena, 2020, "Code and data files for "The Euro Area Periphery and Imbalances: Is it an Anticipation Story?"," Computer Codes, Review of Economic Dynamics, number 18-141, revised .
• Kaiji Chen & Patrick Higgins & Tao Zha, 2020, "Code and data files for "Cyclical Lending Standards: A Structural Analysis"," Computer Codes, Review of Economic Dynamics, number 18-201, revised .
• Ruediger Bachmann & Jinhui Bai & Minjoon Lee & Fudong Zhang, 2020, "Code and data files for "The Welfare and Distributional Effects of Fiscal Volatility: a Quantitative Evaluation"," Computer Codes, Review of Economic Dynamics, number 18-207, revised .
• Juan Guerra-Salas & Markus Kirchner & Rodrigo Tranamil, 2020, "Code and data files for "Search Frictions and the Business Cycle in a Small Open Economy DSGE Model," Computer Codes, Review of Economic Dynamics, number 18-407, revised .
• Ismail Baydur & Toshihiko Mukoyama, 2020, "Code and data files for "Job Duration and Match Characteristics over the Business Cycle"," Computer Codes, Review of Economic Dynamics, number 18-426, revised .
• Robert Barro & Tao Jin, 2020, "Code and data files for "Rare Events and Long-Run Risks"," Computer Codes, Review of Economic Dynamics, number 18-485, revised .
• Agnieszka Markiewicz & Rafal Raciborski, 2020, "Code and data files for "Income Inequality and Stock Market Returns"," Computer Codes, Review of Economic Dynamics, number 19-128, revised .
• Jorge Miranda Pinto, 2020, "Code and data files for "Production Network Structure, Service Share, and Aggregate Volatility"," Computer Codes, Review of Economic Dynamics, number 19-157, revised .
• Tim Willems, 2020, "Code and data files for "What Do Monetary Contractions Do? Evidence From Large Tightenings"," Computer Codes, Review of Economic Dynamics, number 19-163, revised .
• Luis Araujo & Bernardo Guimaraes & Diego Rodrigues, 2020, "Code and data files for "Financial constraints and collateral crises"," Computer Codes, Review of Economic Dynamics, number 19-225, revised .
• Brendan Epstein & Alan Finkelstein Shapiro, 2020, "Code and data files for "Increasing Domestic Financial Participation: Implications for Business Cycles and Labor Markets"," Computer Codes, Review of Economic Dynamics, number 19-234, revised .
• Feng Dong & Jianjun Miao & Pengfei Wang, 2020, "Code and data files for "Asset Bubbles and Monetary Policy"," Computer Codes, Review of Economic Dynamics, number 20-155, revised .
• Mark Gertler & Nobuhiro Kiyotaki & Andrea Prestipino, 2020, "Code and data files for "Credit Booms, Financial Crises, and Macroprudential Policy"," Computer Codes, Review of Economic Dynamics, number 20-160, revised .
• Ellen McGrattan, 2020, "Code and data files for "Intangible Capital and Measured Productivity"," Computer Codes, Review of Economic Dynamics, number 20-182, revised .
• Per Krusell & Toshihiko Mukoyama & Richard Rogerson & Aysegul Sahin, 2020, "Code and data files for "Gross Worker Flows and Fluctuations in the Aggregate Labor Market"," Computer Codes, Review of Economic Dynamics, number 20-206, revised .
• Patrick Kehoe & Pierlauro Lopez & Virgiliu Midrigan & Elena Pastorino, 2020, "Code and data files for "On the Importance of Household versus Firm Credit Frictions in the Great Recession"," Computer Codes, Review of Economic Dynamics, number 20-249, revised .
• Jesus Fernandez-Villaverde & Pablo Guerron-Quintana, 2020, "Code and data files for "Uncertainty Shocks and Business Cycle Research"," Computer Codes, Review of Economic Dynamics, number 20-250, revised .
• Jonathan Heathcote & Fabrizio Perri & Gianluca Violante, 2020, "Code and data files for "The Rise of US Earnings Inequality: Does the Cycle Drive the Trend?"," Computer Codes, Review of Economic Dynamics, number 20-277, revised .
• Francesco Furlanetto & Paolo Gelain & Marzie Taheri Sanjani, 2020, "Code and data files for "Output Gap, Monetary Policy Trade-offs, and Financial Frictions"," Computer Codes, Review of Economic Dynamics, number 20-29, revised .
• Robert Dobre & Daniel Bulin & Maria-Cristina Iorgulescu & Iulia Monica Oehler-Sincai & Olimpia State, 2020, "Artificial Intelligence Sector: The Next Technology Bubble? A Comparative Analysis with Dotcom Based on Stock Market Data," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, volume 22, issue 76, pages 24-37, June.
• Milan Deskar-Škrbiæ & Antonija Buljan & Mirna Dumèiæ, 2020, "Real interest rate convergence and monetary policy independence in CEE countries," Zbornik radova Ekonomskog fakulteta u Rijeci/Proceedings of Rijeka Faculty of Economics, University of Rijeka, Faculty of Economics and Business, volume 38, issue 2, pages 349-380.
• García-Callejas, Danny & Granda-Carvajal, Catalina, 2020, "Informalidad, ciclos económicos y política fiscal: una exploración de los nexos," Working papers, Red Investigadores de Economía, number 70, Dec.
• Anttonen, Jetro & Lehmus, Markku & Vihriälä, Vesa, 2020, "Weak Economic Conditions and the Objective of the Government Programme," ETLA Brief, The Research Institute of the Finnish Economy, number 86, Mar.
• Fahad Khan & Arief Ramayandi & Marcel Schröder, 2020, "Conditions for Effective Macroprudential Policy Interventions," ADB Economics Working Paper Series, Asian Development Bank, number 609, Feb.
• Chee-Heong Quah & Yew-Joe Ho, 2020, "Economic Feasibility of Malaysia and Singapore-Brunei Monetary Reunion: A Scrutiny during Major Financial Crises," Asian Journal of Applied Economics/ Applied Economics Journal, Kasetsart University, Faculty of Economics, Center for Applied Economic Research, volume 27, issue 1, pages 23-51.
• Abouzar Taheri & Shahriyar Nessabian & Reza Moghaddasi & Farzin Arbabi & Marjan Damankeshideh, 2020, "Business Cycles in Some Selected Oil Producing Countries: Iran versus Three OECD Members," Asian Journal of Applied Economics/ Applied Economics Journal, Kasetsart University, Faculty of Economics, Center for Applied Economic Research, volume 27, issue 1, pages 52-74.
• Gulcin Tapsin, 2020, "The Role of Share Prices on Monetary Policy: The Case of OECD Countries (Hisse Senedi Fiyatlarının Para Politikasındaki Rolü: OECD Ülkeleri Örneği)," Business and Economics Research Journal, Bursa Uludag University, Faculty of Economics and Administrative Sciences, volume 11, issue 4, pages 953-968.
• Ryan Chahrour & Sanjay K. Chugh & Tristan Potter, 2020, "Productivity News, Wages, and Labor Market Fluctuations," School of Economics Working Paper Series, LeBow College of Business, Drexel University, number 2020-3, May.
• Siti Resmi & Reza Widhar Pahlevi, 2020, "THE GROWTH OF CREATIVE MICRO, SMALL, AND MEDIUM ENTERPRISES (MSMEs) BUSINESS IN SPECIAL REGION OF YOGYAKARTA BEFORE AND AFTER COVID-19 PANDEMIC," International Journal of Entrepreneurship, Allied Business Academies, volume 24, issue 4.
• Azam Malik & Nasreen Khan, 2020, "An Investigation On Leadership Styles For The Business Productivity And Sustainability Of Small Medium Enterprises (Sme’S)," International Journal of Entrepreneurship, Allied Business Academies, volume 24, issue 5.
• Refk Selmi & Jamal Bouoiyour & Shawkat Hammoudeh, 2020, "Common and Country-Specific Uncertainty Fluctuations in Major Oil-Producing Countries: A Comparative Study," Journal of Economic Integration, Center for Economic Integration, Sejong University, volume 35, issue 4, pages 724-750.
• S.A Hoseeini Ebrahimabad & Kh Jahangiri & M Ghaemi Asl & H Heydari, 2020, "Investigation of the volatility spillover effect and dynamic conditional correlations in Tehran Stock Exchange using wavelet-based Bayesian conditional variance heteroscedasticity," Quarterly Journal of Applied Theories of Economics, Faculty of Economics, Management and Business, University of Tabriz, volume 7, issue 1, pages 149-184.
• Nassim Mehin Aslani Nia & Behzad Salmani & Firouz Fallahi & Hossein Asgharpour, 2020, "The effect of currency crisis on GDP dynamics: PGLS approach," Quarterly Journal of Applied Theories of Economics, Faculty of Economics, Management and Business, University of Tabriz, volume 7, issue 1, pages 185-210.
• Davi Winder Catelan & Marina Silva da Cunha, 2020, "Crise Econômica Brasileira e Ajuste da Ocupação: Uma Análise para Diferentes Grupos de Trabalhadores entre 2012 e 2017," Revista Brasileira de Estudos Regionais e Urbanos, Associação Brasileira de Estudos Regionais e Urbanos (ABER), volume 14, issue 4, pages 601-628.
• Mirela Mitrašević & Snezana Bardarova, 2020, "Causes Of Non-Payment Of Mortgage Loans: Theoretical And Practical Aspects," UTMS Journal of Economics, University of Tourism and Management, Skopje, Macedonia, volume 11, issue 2, pages 138-150.
• RÜdiger Bachman & Jinhui Bai & Minjoon Lee & Fudong Zhang, 2020, "The Welfare and Distributional Effects of Fiscal Volatility: A Quantitative Evaluation," Working Papers, School of Economic Sciences, Washington State University, number 2020-2, Mar.
• Erotokritos Varelas, 2020, "Expectations about Unreported Output, Bank Lending and Double-Cycle Stability Policy," Bulletin of Applied Economics, Risk Market Journals, volume 7, issue 1, pages 67-81.
• Darovskii, Ivan (Даровский, Иван), 2020, "Microeconomic and Macroeconomic Effects of the Banking Sector Development Policy in Russia
  [Отраслевые И Макроэкономические Эффекты Политики Оздоровления Российского Банковского Сектора]," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, volume 4, pages 30-61, August.
• Raquel Fonseca & Simon Lord & Simon C. Parker, 2020, "Self-Employment at Older Ages in Canada," Cahiers de recherche / Working Papers, Chaire de recherche sur les enjeux économiques intergénérationnels / Research Chair in Intergenerational Economics, number 2003.
• Giovanni Scarano, 2020, "Financial Globalization Effects On Investment Decisions And Financialization Of Big Corporations," Departmental Working Papers of Economics - University 'Roma Tre', Department of Economics - University Roma Tre, number 0255, Sep.
• Giovanni Scarano, 2020, "Finacialisation Of Non-Financial Corporations And Effective Demand: An Analysis Framework," Departmental Working Papers of Economics - University 'Roma Tre', Department of Economics - University Roma Tre, number 0256, Sep.
• Tommaso Proietti, 2020, "Peaks, Gaps, and Time Reversibility of Economic Time Series," CEIS Research Paper, Tor Vergata University, CEIS, number 492, Jun, revised 17 Jun 2020.
• Apostolos Serletis & Nahiyan Faisal Azad, 2020, "Emerging Market Volatility Spillovers," The American Economist, Sage Publications, volume 65, issue 1, pages 78-87, March, DOI: 10.1177/0569434518816445.
• Aleksandar Vasilev, 2020, "A Real-business-cycle Model with a Stochastic Capital Share: Lessons for Bulgaria (1999–2018)," Margin: The Journal of Applied Economic Research, National Council of Applied Economic Research, volume 14, issue 1, pages 107-121, February, DOI: 10.1177/0973801020901362.
• Sevgi Coskun, 2020, "Technology Shocks and Non-stationary Hours in Emerging Countries and DSVAR," Margin: The Journal of Applied Economic Research, National Council of Applied Economic Research, volume 14, issue 2, pages 129-163, May, DOI: 10.1177/0973801020911587.
• Chor Foon Tang & Salah Abosedra, 2020, "Does Financial Development Moderate the Effects on Growth Volatility? The Experience of Malaysia," Margin: The Journal of Applied Economic Research, National Council of Applied Economic Research, volume 14, issue 4, pages 361-381, November, DOI: 10.1177/0973801020953400.
• Yun K. Kim, 2020, "Household Debt Accumulation and the Great Recession of the United States: A Comparative Perspective," Review of Radical Political Economics, Union for Radical Political Economics, volume 52, issue 1, pages 26-49, March, DOI: 10.1177/0486613419868031.
• Daniele Tavani & Luca Zamparelli, 2020, "Labor-Augmenting Technical Change and the Labor Share: New Microeconomic Foundations," Working Papers, Sapienza University of Rome, DISS, number 2/20, Jan.
• Jacopo Bonchi, 2020, "Natural Interest Rate and Asset Price Bubbles: How Bubbles Counteract Low Interest Rates," Working Papers, Sapienza University of Rome, DISS, number 3/20, Feb.
• Bozena Kaderabkova & Emilie Jasova & Robert Holman, 2020, "Analysis of substitution changes in the Phillips curve in V4 countries over the course of economic cycles," International Journal of Economic Sciences, International Institute of Social and Economic Sciences, volume 9, issue 2, pages 39-54, December.
• Piotr Żoch, 2020, "Macroprudential and Monetary Policy Rules in a Model with Collateral Constraints," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 2, pages 43-69.
• Magdalena Grothe, 2020, "Monitoring Vulnerabilities in the Residential Real Estate Sector in Poland," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 2, pages 5-24.
• Michał Brzoza-Brzezina & Jacek Kotłowski & Grzegorz Wesołowski, 2020, "International information flows, sentiments and cross-country business cycle fluctuations," KAE Working Papers, Warsaw School of Economics, Collegium of Economic Analysis, number 2020-047, Mar, DOI: 10.33119/kaewps2020047.
• Michał Brzoza-Brzezina & Jacek Kotłowski, 2020, "International confidence spillovers and business cycles in small open economies," KAE Working Papers, Warsaw School of Economics, Collegium of Economic Analysis, number 2020-049, May, DOI: 10.33119/kaewps2020049.
• Joanna Rachuba, 2020, "GDP growth as a bank loan quality determinant," Journal of Banking and Financial Economics, University of Warsaw, Faculty of Management, volume 2, issue 14, pages 21-37, December.
• Joonyoung Hur, 2020, "Labor Income Share and Economic Fluctuations: A Sign-restricted VAR Approach," Working Papers, Nam Duck-Woo Economic Research Institute, Sogang University (Former Research Institute for Market Economy), number 2002.
• Joonyoung Hur & Jong-Suk Han, 2020, "Effect of Monetary Policy on Government Spending Multiplier," Working Papers, Nam Duck-Woo Economic Research Institute, Sogang University (Former Research Institute for Market Economy), number 2004.
• Nicolo Maffei Faccioli & Eugenia Vella, 2020, "The Asymmetric Unemployment Response of Natives and Foreigners to Migration Shocks," Working Papers, The University of Sheffield, Department of Economics, number 2020008, Aug.
• Abdoulaye Millogo, 2020, "Hysteresis Effects and Macroeconomics Gains from Unconventional Monetary Policies Stabilization," Cahiers de recherche, Departement d'économique de l'École de gestion à l'Université de Sherbrooke, number 20-12, Nov.
• Abdoulaye Millogo, 2020, "Hysteresis effects and financial frictions," Cahiers de recherche, Departement d'économique de l'École de gestion à l'Université de Sherbrooke, number 20-14, Nov.
• Hashmat Khan & Jean-François Rouillard & Santosh Upadhayaya, 2020, "Consumer Confidence and Household Investment," Cahiers de recherche, Departement d'économique de l'École de gestion à l'Université de Sherbrooke, number 20-15, Oct.
• Aleksandar Vasilev, 2020, "An RBC model with Epstein-Zin (non-expected-utility) recursive preferences: lessons from Bulgaria (1999-2018)," Bulgarian Economic Papers, Faculty of Economics and Business Administration, Sofia University St Kliment Ohridski - Bulgaria // Center for Economic Theories and Policies at Sofia University St Kliment Ohridski, number bep-2020-01, Jan, revised Jan 2020.
• Kenza Benhima & Rachel Cordonier, 2020, "News, sentiment and capital flows," Working Papers, Swiss National Bank, number 2020-04.
• Yannic Stucki & Jacqueline Thomet, 2020, "A neoclassical perspective on Switzerland's 1990s stagnation," Working Papers, Swiss National Bank, number 2020-22.
• Gregor Semieniuk & Emanuele Campiglio & Jean-Francois Mercure & Ulrich Volz & Neil R. Edwards, 2020, "Low-carbon transition risks for finance," Working Papers, Department of Economics, SOAS University of London, UK, number 233, Mar.
• Gabriel P. Mathy, 2020, "How much did uncertainty shocks matter in the Great Depression?," Cliometrica, Springer;Cliometric Society (Association Francaise de Cliométrie), volume 14, issue 2, pages 283-323, May, DOI: 10.1007/s11698-019-00190-1.
• Riham Barbar & Mohanad Ismael, 2020, "Dynamic effects of consumption externalities," Decisions in Economics and Finance, Springer;Associazione per la Matematica, volume 43, issue 2, pages 725-750, December, DOI: 10.1007/s10203-020-00296-6.
• Charles J. Whalen, 2020, "Post-Keynesian institutionalism: past, present, and future," Evolutionary and Institutional Economics Review, Springer, volume 17, issue 1, pages 71-92, January, DOI: 10.1007/s40844-019-00150-4.
• Marco Guerrazzi, 2020, "Wage and employment determination in a dynamic insider–outsider model," Evolutionary and Institutional Economics Review, Springer, volume 17, issue 1, pages 1-23, January, DOI: 10.1007/s40844-019-00158-w.
• Rangan Gupta & Hylton Hollander & Rudi Steinbach, 2020, "Forecasting output growth using a DSGE-based decomposition of the South African yield curve," Empirical Economics, Springer, volume 58, issue 1, pages 351-378, January, DOI: 10.1007/s00181-018-1607-4.
• Jaeho Kim & Sora Chon, 2020, "Why are Bayesian trend-cycle decompositions of US real GDP so different?," Empirical Economics, Springer, volume 58, issue 3, pages 1339-1354, March, DOI: 10.1007/s00181-018-1554-0.
• Magdalena Osińska & Tadeusz Kufel & Marcin Błażejowski & Paweł Kufel, 2020, "Modeling mechanism of economic growth using threshold autoregression models," Empirical Economics, Springer, volume 58, issue 3, pages 1381-1430, March, DOI: 10.1007/s00181-018-1560-2.
• Carsten Trenkler & Enzo Weber, 2020, "Identifying shocks to business cycles with asynchronous propagation," Empirical Economics, Springer, volume 58, issue 4, pages 1815-1836, April, DOI: 10.1007/s00181-018-1563-z.
• Luboš Hanus & Lukáš Vácha, 2020, "Growth cycle synchronization of the Visegrad Four and the European Union," Empirical Economics, Springer, volume 58, issue 4, pages 1779-1795, April, DOI: 10.1007/s00181-018-1601-x.
• Rangan Gupta & Xiaojin Sun, 2020, "Housing market spillovers in South Africa: evidence from an estimated small open economy DSGE model," Empirical Economics, Springer, volume 58, issue 5, pages 2309-2332, May, DOI: 10.1007/s00181-018-1613-6.
• Mohamad B. Karaki, 2020, "Monetary shocks and job flows: evidence from disaggregated data," Empirical Economics, Springer, volume 58, issue 6, pages 2911-2936, June, DOI: 10.1007/s00181-018-1617-2.
• Kristian Jönsson, 2020, "Real-time US GDP gap properties using Hamilton’s regression-based filter," Empirical Economics, Springer, volume 59, issue 1, pages 307-314, July, DOI: 10.1007/s00181-019-01631-6.
• Kalim Hyder & Stephen G. Hall, 2020, "Estimates of the New Keynesian Phillips Curve for Pakistan," Empirical Economics, Springer, volume 59, issue 2, pages 871-886, August, DOI: 10.1007/s00181-019-01659-8.
• Michael J. Lamla & Sarah M. Lein & Jan-Egbert Sturm, 2020, "Media reporting and business cycles: empirical evidence based on news data," Empirical Economics, Springer, volume 59, issue 3, pages 1085-1105, September, DOI: 10.1007/s00181-019-01713-5.
• Francis Leni Anguyo & Rangan Gupta & Kevin Kotzé, 2020, "Monetary policy and financial frictions in a small open-economy model for Uganda," Empirical Economics, Springer, volume 59, issue 3, pages 1213-1241, September, DOI: 10.1007/s00181-019-01728-y.
• John A. Bishop & Haiyong Liu & Lester A. Zeager & Yizhen Zhao, 2020, "Revisiting macroeconomic activity and income distribution in the USA," Empirical Economics, Springer, volume 59, issue 3, pages 1107-1125, September, DOI: 10.1007/s00181-019-01729-x.
• Maximo Camacho & Angela Caro & German Lopez-Buenache, 2020, "The two-speed Europe in business cycle synchronization," Empirical Economics, Springer, volume 59, issue 3, pages 1069-1084, September, DOI: 10.1007/s00181-019-01730-4.
• Hashmat Khan & Santosh Upadhayaya, 2020, "Does business confidence matter for investment?," Empirical Economics, Springer, volume 59, issue 4, pages 1633-1665, October, DOI: 10.1007/s00181-019-01694-5.
• Andrew E. Evans, 2020, "Average labour productivity dynamics over the business cycle," Empirical Economics, Springer, volume 59, issue 4, pages 1833-1863, October, DOI: 10.1007/s00181-019-01699-0.
• Vadim Kufenko, 2020, "Hide-and-Seek with time-series filters: a model-based Monte Carlo study," Empirical Economics, Springer, volume 59, issue 5, pages 2335-2361, November, DOI: 10.1007/s00181-019-01736-y.
• Gustavo Freire & Marcelo Resende, 2020, "Conditional growth volatility and sectoral comovement in U.S. industrial production, 1828–1915," Empirical Economics, Springer, volume 59, issue 6, pages 3063-3084, December, DOI: 10.1007/s00181-019-01740-2.
• Ana Gómez-Loscos & M. Dolores Gadea & Eduardo Bandres, 2020, "Business cycle patterns in European regions," Empirical Economics, Springer, volume 59, issue 6, pages 2639-2661, December, DOI: 10.1007/s00181-019-01743-z.
• Sune Karlsson & Pär Österholm, 2020, "A note on the stability of the Swedish Phillips curve," Empirical Economics, Springer, volume 59, issue 6, pages 2573-2612, December, DOI: 10.1007/s00181-019-01746-w.
• Amélie Charles & Chew Lian Chua & Olivier Darné & Sandy Suardi, 2020, "On the pernicious effects of oil price uncertainty on US real economic activities," Empirical Economics, Springer, volume 59, issue 6, pages 2689-2715, December, DOI: 10.1007/s00181-019-01801-6.
• Giovanni Pellegrino, 2020, "Uncertainty and Monetary Policy in the US: A Journey into Non-Linear Territory," Economics Working Papers, Department of Economics and Business Economics, Aarhus University, number 2020-05, Jun.
• Qazi Haque & Nicolas Groshenny & Mark Weder, 2020, "Do We Really Know that U.S. Monetary Policy was Destabilizing in the 1970s?," Economics Working Papers, Department of Economics and Business Economics, Aarhus University, number 2020-10, Aug.
• Giovanni Pellegrino & Efrem Castelnuovo & Giovanni Caggiano, 2020, "Uncertainty and Monetary Policy during Extreme Events," Economics Working Papers, Department of Economics and Business Economics, Aarhus University, number 2020-11, Aug.
• Giovanni Pellegrino & Federico Ravenna & Gabriel Züllig, 2020, "The Impact of Pessimistic Expectations on the Effects of COVID-19-Induced Uncertainty in the Euro Area," Economics Working Papers, Department of Economics and Business Economics, Aarhus University, number 2020-12, Sep.
• Oscar Pavlov & Mark Weder, 2021, "Endogenous Product Scope: Market Interlacing and Aggregate Business Cycle Dynamics," Economics Working Papers, Department of Economics and Business Economics, Aarhus University, number 2021-01, Jan.
• Dou Jiang & Mark Weder, 2021, "American Business Cycles 1889-1913: An Accounting Approach," Economics Working Papers, Department of Economics and Business Economics, Aarhus University, number 2021-02, Jan.
• Juan Carlos Parra-Alvarez & Hamza Polattimur & Olaf Posch, 2020, "Risk Matters: Breaking Certainty Equivalence," CREATES Research Papers, Department of Economics and Business Economics, Aarhus University, number 2020-02, Mar.
• Arif Widodo, 2020, "Measuring Cyclical Behavior of Islamic and Conventional Financing: Evidence from Indonesian Dual Banking System قياس سلوك التمويل الإسلامي والتمويل التقليدي: دليل من النظام المصرفي الإندونيسي المزدوج," Journal of King Abdulaziz University: Islamic Economics, King Abdulaziz University, Islamic Economics Institute., volume 33, issue 2, pages 173-192, July, DOI: 10.4197/Islec.33-2.13.
• Hyeongwoo Kim & Bijie Jia, 2020, "Assessing the Role of Sentiment in the Propagation of Fiscal Stimulus," Auburn Economics Working Paper Series, Department of Economics, Auburn University, number auwp2020-05, Aug.
• Ia Vardishvili, 2020, "Entry Decision, the Option to Delay Entry, and Business Cycles," Auburn Economics Working Paper Series, Department of Economics, Auburn University, number auwp2020-07, Oct.
• Olivier Allais & Yann Algan & Edouard Challe & Xavier Ragot, 2020, "The Welfare Cost of Inflation Risk under Imperfect Insurance," Annals of Economics and Statistics, GENES, issue 138, pages 1-20, DOI: 10.15609/annaeconstat2009.138.0001.
• Jocelyn Maillard, 2020, "Heterogeneity, Rigidity and Convergence of Labor Markets in the Euro Area," Annals of Economics and Statistics, GENES, issue 140, pages 127-167, DOI: 10.15609/annaeconstat2009.140.0127.
• Rym Aloui & Aurélien Eyquem, 2020, "The Welfare Gains of Cooperative Public Infrastructure Policies: A Trade and Supply-Side View," Annals of Economics and Statistics, GENES, issue 140, pages 27-44, DOI: 10.15609/annaeconstat2009.140.0027.
• Ernesto Bernal Martínez, 2020, "Impacto de choques transitorios y de largo plazo en el PIB e Inflación de Bolivia: Un modelo de vectores autorregresivos estructurales," Development Research Working Paper Series, Institute for Advanced Development Studies, number 05/2020, Sep.
• Samuel Alarcón Gambarte, 2020, "El Rol de la Inversión Pública: El Caso de Bolivia," Development Research Working Paper Series, Institute for Advanced Development Studies, number 06/2020, Sep.
• George-Marios Angeletos & Fabrice Collard & Harris Dellas, 2020, "Business-Cycle Anatomy," American Economic Review, American Economic Association, volume 110, issue 10, pages 3030-3070, October, DOI: 10.1257/aer.20181174.
• Marta Lachowska & Alexandre Mas & Stephen A. Woodbury, 2020, "Sources of Displaced Workers' Long-Term Earnings Losses," American Economic Review, American Economic Association, volume 110, issue 10, pages 3231-3266, October, DOI: 10.1257/aer.20180652.
• Nicolas Crouzet & Neil R. Mehrotra, 2020, "Small and Large Firms over the Business Cycle," American Economic Review, American Economic Association, volume 110, issue 11, pages 3549-3601, November, DOI: 10.1257/aer.20181499.
• Ryan A. Decker & John Haltiwanger & Ron S. Jarmin & Javier Miranda, 2020, "Changing Business Dynamism and Productivity: Shocks versus Responsiveness," American Economic Review, American Economic Association, volume 110, issue 12, pages 3952-3990, December, DOI: 10.1257/aer.20190680.
• Paul Beaudry & Dana Galizia & Franck Portier, 2020, "Putting the Cycle Back into Business Cycle Analysis," American Economic Review, American Economic Association, volume 110, issue 1, pages 1-47, January, DOI: 10.1257/aer.20190789.
• Carlos Garriga & Aaron Hedlund, 2020, "Mortgage Debt, Consumption, and Illiquid Housing Markets in the Great Recession," American Economic Review, American Economic Association, volume 110, issue 6, pages 1603-1634, June, DOI: 10.1257/aer.20170772.
• Alexander G. James & Brock Smith, 2020, "Geographic Dispersion of Economic Shocks: Evidence from the Fracking Revolution: Comment," American Economic Review, American Economic Association, volume 110, issue 6, pages 1905-1913, June, DOI: 10.1257/aer.20180888.
• James Feyrer & Erin Mansur & Bruce Sacerdote, 2020, "Geographic Dispersion of Economic Shocks: Evidence from the Fracking Revolution: Reply," American Economic Review, American Economic Association, volume 110, issue 6, pages 1914-1920, June, DOI: 10.1257/aer.20190448.
• Sebastian Di Tella, 2020, "Risk Premia and the Real Effects of Money," American Economic Review, American Economic Association, volume 110, issue 7, pages 1995-2040, July, DOI: 10.1257/aer.20180203.
• Emil Verner & Győző Gyöngyösi, 2020, "Household Debt Revaluation and the Real Economy: Evidence from a Foreign Currency Debt Crisis," American Economic Review, American Economic Association, volume 110, issue 9, pages 2667-2702, September, DOI: 10.1257/aer.20181585.
• Sushant Acharya & Shu Lin Wee, 2020, "Rational Inattention in Hiring Decisions," American Economic Journal: Macroeconomics, American Economic Association, volume 12, issue 1, pages 1-40, January, DOI: 10.1257/mac.20180390.
• Henrik Jensen & Ivan Petrella & Søren Hove Ravn & Emiliano Santoro, 2020, "Leverage and Deepening Business-Cycle Skewness," American Economic Journal: Macroeconomics, American Economic Association, volume 12, issue 1, pages 245-281, January, DOI: 10.1257/mac.20170319.
• Sylvain Leduc & Zheng Liu, 2020, "The Weak Job Recovery in a Macro Model of Search and Recruiting Intensity," American Economic Journal: Macroeconomics, American Economic Association, volume 12, issue 1, pages 310-343, January, DOI: 10.1257/mac.20170176.
• Frédéric Boissay & Russell Cooper, 2020, "The Collateral Composition Channel," American Economic Journal: Macroeconomics, American Economic Association, volume 12, issue 1, pages 41-75, January, DOI: 10.1257/mac.20170097.
• Eric T. Swanson, 2020, "Implications of Labor Market Frictions for Risk Aversion and Risk Premia," American Economic Journal: Macroeconomics, American Economic Association, volume 12, issue 2, pages 194-240, April, DOI: 10.1257/mac.20170446.
• Pierpaolo Benigno & Gauti B. Eggertsson & Federica Romei, 2020, "Dynamic Debt Deleveraging and Optimal Monetary Policy," American Economic Journal: Macroeconomics, American Economic Association, volume 12, issue 2, pages 310-350, April, DOI: 10.1257/mac.20160124.
• Tal Gross & Matthew J. Notowidigdo & Jialan Wang, 2020, "The Marginal Propensity to Consume over the Business Cycle," American Economic Journal: Macroeconomics, American Economic Association, volume 12, issue 2, pages 351-384, April, DOI: 10.1257/mac.20160287.
• Frederic Malherbe, 2020, "Optimal Capital Requirements over the Business and Financial Cycles," American Economic Journal: Macroeconomics, American Economic Association, volume 12, issue 3, pages 139-174, July, DOI: 10.1257/mac.20160140.
• Zhen Huo & José-Víctor Ríos-Rull, 2020, "Sticky Wage Models and Labor Supply Constraints," American Economic Journal: Macroeconomics, American Economic Association, volume 12, issue 3, pages 284-318, July, DOI: 10.1257/mac.20180290.
• Christian K. Wolf, 2020, "SVAR (Mis)identification and the Real Effects of Monetary Policy Shocks," American Economic Journal: Macroeconomics, American Economic Association, volume 12, issue 4, pages 1-32, October, DOI: 10.1257/mac.20180328.
• John Geanakoplos & Haobin Wang, 2020, "Quantitative Easing, Collateral Constraints, and Financial Spillovers," American Economic Journal: Macroeconomics, American Economic Association, volume 12, issue 4, pages 180-217, October, DOI: 10.1257/mac.20180484.
• Siddhartha Biswas & Andrew Hanson & Toan Phan, 2020, "Bubbly Recessions," American Economic Journal: Macroeconomics, American Economic Association, volume 12, issue 4, pages 33-70, October, DOI: 10.1257/mac.20180083.
• Michael Greenstone & Alexandre Mas & Hoai-Luu Nguyen, 2020, "Do Credit Market Shocks Affect the Real Economy? Quasi-experimental Evidence from the Great Recession and "Normal" Economic Times," American Economic Journal: Economic Policy, American Economic Association, volume 12, issue 1, pages 200-225, February, DOI: 10.1257/pol.20160005.
• Steven Dieterle & Otávio Bartalotti & Quentin Brummet, 2020, "Revisiting the Effects of Unemployment Insurance Extensions on Unemployment: A Measurement-Error-Corrected Regression Discontinuity Approach," American Economic Journal: Economic Policy, American Economic Association, volume 12, issue 2, pages 84-114, May, DOI: 10.1257/pol.20160439.
• Yusuf Mercan & Benjamin Schoefer, 2020, "Jobs and Matches: Quits, Replacement Hiring, and Vacancy Chains," American Economic Review: Insights, American Economic Association, volume 2, issue 1, pages 101-124, March, DOI: 10.1257/aeri.20190023.
• Seth Pruitt & Nicholas Turner, 2020, "Earnings Risk in the Household: Evidence from Millions of US Tax Returns," American Economic Review: Insights, American Economic Association, volume 2, issue 2, pages 237-254, June, DOI: 10.1257/aeri.20190096.
• Alan J. Auerbach & Yuriy Gorodnichenko & Daniel Murphy, 2020, "Effects of Fiscal Policy on Credit Markets," AEA Papers and Proceedings, American Economic Association, volume 110, pages 119-124, May, DOI: 10.1257/pandp.20201074.
• Olivier J. Blanchard & Lawrence H. Summers, 2020, "Automatic Stabilizers in a Low-Rate Environment," AEA Papers and Proceedings, American Economic Association, volume 110, pages 125-130, May, DOI: 10.1257/pandp.20201075.
• Karen Dynan & Douglas Elmendorf, 2020, "National Fiscal Policies to Fight Recessions in US States," AEA Papers and Proceedings, American Economic Association, volume 110, pages 131-136, May, DOI: 10.1257/pandp.20201076.
• Michael J. Boskin, 2020, "Are Large Deficits and Debt Dangerous?," AEA Papers and Proceedings, American Economic Association, volume 110, pages 145-148, May, DOI: 10.1257/pandp.20201103.
• Jessamyn Schaller & Price Fishback & Kelli Marquardt, 2020, "Local Economic Conditions and Fertility from the Great Depression through the Great Recession," AEA Papers and Proceedings, American Economic Association, volume 110, pages 236-240, May, DOI: 10.1257/pandp.20201109.
• Peter Q. Blair & David J. Deming, 2020, "Structural Increases in Demand for Skill after the Great Recession," AEA Papers and Proceedings, American Economic Association, volume 110, pages 362-365, May, DOI: 10.1257/pandp.20201064.
• Mark Gertler & Nobuhiro Kiyotaki & Andrea Prestipino, 2020, "Banking Panics as Endogenous Disasters and the Welfare Gains from Macroprudential Policy," AEA Papers and Proceedings, American Economic Association, volume 110, pages 463-469, May, DOI: 10.1257/pandp.20201022.
• Gonzalo Asis & Anusha Chari & Adam Haas, 2020, "Emerging Markets at Risk," AEA Papers and Proceedings, American Economic Association, volume 110, pages 493-498, May, DOI: 10.1257/pandp.20201007.
• Graciela Laura Kaminsky & Leandro Medina & Shiyi Wang, 2020, "The Financial Center Leverage Cycle: Does It Spread around the World?," AEA Papers and Proceedings, American Economic Association, volume 110, pages 504-510, May, DOI: 10.1257/pandp.20201009.
• Silvia Miranda-Agrippino & Hélène Rey, 2020, "The Global Financial Cycle after Lehman," AEA Papers and Proceedings, American Economic Association, volume 110, pages 523-528, May, DOI: 10.1257/pandp.20201096.
• Gaetano Basso & Giovanni Peri, 2020, "Internal Mobility: The Greater Responsiveness of Foreign-Born to Economic Conditions," Journal of Economic Perspectives, American Economic Association, volume 34, issue 3, pages 77-98, Summer, DOI: 10.1257/jep.34.3.77.
• Till von Wachter, 2020, "The Persistent Effects of Initial Labor Market Conditions for Young Adults and Their Sources," Journal of Economic Perspectives, American Economic Association, volume 34, issue 4, pages 168-194, Fall, DOI: 10.1257/jep.34.4.168.
• Jorge Eduardo Camusso & Ana Inés Navarro, 2020, "COVID-19, recession and fall in real wages in Argentina. Who will be most affected?," Asociación Argentina de Economía Política: Working Papers, Asociación Argentina de Economía Política, number 4323, Nov.
• Ramiro Emmanuel Jorge, 2020, "Herramientas de Google para la predicción de variables económicas. Una aplicación al Índice Compuesto Coincidente de Actividad Económica de la Provincia de Santa Fe (ICASFe)," Asociación Argentina de Economía Política: Working Papers, Asociación Argentina de Economía Política, number 4360, Nov.
• Akaki Liqokeli, 2020, "Measuring Credit Gaps for Macroprudential Policy Guidance: An Application to Georgia," NBG Working Papers, National Bank of Georgia, number 05/2020, Dec.
• Gabriel P. Mathy, 2020, "How much did uncertainty shocks matter in the Great Depression?," Cliometrica, Journal of Historical Economics and Econometric History, Association Française de Cliométrie (AFC), volume 14, issue 2, pages 283-323, May, DOI: 10.1007/s11698-019-00190-1.
• Olivier Damette & Claude Diebolt & Stephane Goutte & Umberto Triacca, 2020, "Cliometrics of Climate Change: A Natural Experiment on the Little Ice Age," Working Papers, Association Française de Cliométrie (AFC), number 02-20.
• Leonor Modesto & Carine Nourry & Thomas Seegmuller & Alain Venditti, 2020, "Growth and instability in a small open economy with debt," AMSE Working Papers, Aix-Marseille School of Economics, France, number 2012, Apr.