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Title:Macroeconomics of Subsistence Points Author(s):RAVN, Morten O.; SCHMITT-GROHE, Stephanie; URIBE, MartinDate:2004Type:Working PaperSeries/Number:NBER Working Paper; 2004/11012
Title:Towards a Theory of Firm Entry and Stabilization Policy Author(s):CORSETTI, Giancarlo; BERGIN, PaulDate:2005Type:Working PaperSeries/Number:NBER Working Paper; 2005/11821Abstract:This paper studies the role of stabilization policy in a model where firm entry responds to shocks and uncertainty. We evaluate stabilization policy in the context of a simple analytically solvable sticky price model, where ...
Title:“Aggregation Bias” DOES Explain the PPP Puzzle Author(s):RAVN, Morten O.; REY, Helene; MUMTAZ, Haroon; IMBS, JeanDate:2005Type:Working PaperSeries/Number:NBER Working Paper; 2005/11607
Title:Productivity Spillovers, Terms of Trade and the 'Home Market Effect' Author(s):CORSETTI, Giancarlo; MARTIN, Philippe; PESENTI, PaoloDate:2005Type:Working PaperSeries/Number:NBER Working Paper; 2005/11165Abstract:This paper analyzes the welfare implications of international spillovers related to productivity gains, changes in market size, or government spending. We introduce trade costs and endogenous varieties in a two-country ...
Title:Productivity, External Balance and Exchange Rates: Evidence on the Transmission Mechanism Among G7 Countries Author(s):CORSETTI, Giancarlo; DEDOLA, Luca; LEDUC, SylvainDate:2006Type:Working PaperSeries/Number:NBER Working Paper; 2006/12483
Title:Optimal Monetary Policy and the Sources of Local-Currency Price Stability Author(s):CORSETTI, Giancarlo; DEDOLA, Luca; LEDUC, SylvainDate:2007Type:Working PaperSeries/Number:NBER Working Paper; No. 13544Abstract:[http://www.nber.org/papers/w13544]
Title:Exploring the Patent Explosion Author(s):HALL, Bronwyn H.Date:2004Type:Working PaperSeries/Number:NBER Working Paper; 10605Abstract:This paper looks more closely at the sources of patent growth in the United States since 1984. It confirms that the increase is largely due to US patenters, with an earlier surge in Asia, and some increase in Europe. Growth ...
Title:Varieties and the Transfer Problem: The Extensive Margin of Current Account Adjustment Author(s):CORSETTI, Giancarlo; MARTIN, Philippe; PESENTI, PaoloDate:2008Type:Working PaperSeries/Number:NBER Working Paper; 2008/13795
Title:Dynamic Labor Demand in China: Public and private objectives Author(s):COOPER, Russell; GONG, Guan; YAN, PingDate:2010Type:Working PaperSeries/Number:NBER Working Paper; 2010/16498Abstract:This paper studies dynamic labor demand of private and state-controlled manufacturing plants in China. A goal of the paper is to characterize adjustment costs for these plants. As our sample includes private and state-controlled ...
Title:Consumption Smoothing and Portfolio Rebalancing: The effects of adjustment costs Author(s):BONAPARTE, Yosef; COOPER, Russell; ZHU, GuozhongDate:2011Type:Working PaperSeries/Number:NBER Working Paper; 2011/16957Abstract:This paper studies the dynamics of portfolio rebalancing and consumption smoothing in the presence of non-convex portfolio adjustment costs. The goal is to understand a household's response to income and return shocks. The ...