Title:The ‘hoc’ of international macroeconomics after the crisis Author(s):CORSETTI, GiancarloDate:2012Citation:
- Robert M. SOLOW and Jean-Phillippe TOUFFUT (eds), What's right with macroeconomics?, Cheltenham : Edward Elgar, 2012, pp. 68-89
Type:Contribution to book
Title:The international risk sharing puzzle is at business cycle and lower frequency Author(s):CORSETTI, Giancarlo; DEDOLA, Luca; VIANI, FrancescaDate:2012Citation:
- Canadian journal of economics, 2012, Vol. 45, No. 2, pp. 448-471
Type:ArticleAbstract:We decompose the correlation between relative consumption and the real exchange rate in its dynamic components at different frequencies. Using multivariate spectral analysis techniques, we show that, at odds with a high ...
Title:Fiscal stimulus with spending reversals Author(s):CORSETTI, Giancarlo; MEIER, André; MÜLLER, Gernot J.Date:2012Citation:
- The review of economics and statistics, 2012, Vol. 94, No. 4, pp. 878-895
Type:ArticleAbstract:The short-run effects of fiscal policy depend not only on current tax and spending choices, but also on expectations about future policy adjustment. While general equilibrium models typically restrict mediumterm adjustment ...
Title:What drives US foreign borrowing? : evidence on external adjustment to transitory and permanent shocks Author(s):CORSETTI, Giancarlo; KONSTANTINOU, Panagiotis T.Date:2012Citation:
- American economic review, 2012, Vol. 102, No. 2, pp. 1062-1092
Type:ArticleAbstract:The joint dynamics of US net output, consumption, and (the market value of) foreign assets and liabilities, characterized empirically following Lettau and Ludvigson (2004), is shown to be consistent with current account ...