Browsing ECO Articles by Author "RAVN, Morten O."

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Browsing ECO Articles by Author "RAVN, Morten O."

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    Title: What Drives Spreads in the Euro Area Government Bond Market?  Author(s): MANGANELLI, Simone; WOLSWIJK, Guido; RAVN, Morten O.; THESMAR, David Date: 2009 Type of Publication: Article Abstract: Spreads between euro area government bond yields are related to short-term interest rates, which are in turn related to market liquidity, to cyclical conditions, and to investors' incentives to take risk. In theory, lower ...
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    Title: Macroeconomics of Subsistence Points  Author(s): RAVN, Morten O.; SCHMITT-GROHE, Stephanie; URIBE, Martin Date: 2008 Type of Publication: Article Abstract: This paper explores the macroeconomic consequences of preferences displaying a subsistence point. It departs from the existing related literature by assuming that subsistence points are specific to each variety of goods ...
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    Title: Labor Market Dynamics and the Business Cycle: Structural Evidence for the United States  Author(s): RAVN, Morten O.; SIMONELLI, Saverio Date: 2007 Type of Publication: Article Abstract: We use a 12-dimensional VAR to examine the aggregate effects of two structural technology shocks and two policy shocks. For each shock, we examine the dynamic effects on the labor market, the importance of the shock for ...
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    Title: Macroeconomic fluctuations and the labor market  Author(s): MORTENSEN, Dale; NAGYPáL, Éva; GUERRIERI, Veronica; REITER, Michael; QUADRINI, Vincenzo; TRIGARI, Antonella; RAVN, Morten O.; SIMONELLI, Saverio; YASHIV, Eran; MOSCARINI, Giuseppe; THOMSSON, Kaj; ROCHETEAU, Guillaume; RUPERT, Peter; WRIGHT, Randall; DANTHINE, Jean-Pierre; KURMANN, André; BOONE, Johnathan; WATSON, Joel Date: 2007 Type of Publication: Article
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    Title: Pricing to Habits and the Law of One Price  Author(s): RAVN, Morten O.; SCHMITT-GROHE, Stephanie; URIBE, Martin Date: 2007 Type of Publication: Article
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    Title: Deep habits  Author(s): RAVN, Morten O.; SCHMITT-GROHE, Stephanie; URIBE, Martin Date: 2006 Type of Publication: Article Abstract: This paper generalizes the standard habit-formation model to an environment in which agents form habits over individual varieties of goods as opposed to over a composite consumption good. We refer to this preference ...
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    Title: PPP Strikes Back: Aggregation and the Real Exchange Rate  Author(s): RAVN, Morten O.; IMBS, Jean; MUMTAZ, Haroon; REY, Helene Date: 2005 Type of Publication: Article
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    Title: Markov Switching Causality and the Money-Output Relationship  Author(s): RAVN, Morten O.; PSARADAKIS, Zacharias; SOLA, Martin Date: 2005 Type of Publication: Article Abstract: The causal link between monetary variables and output is one of the most studied issues in macroeconomics. One puzzle from this literature is that the results of causality tests appear to be sensitive with respect to the ...
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    Title: International Business Cycles: the Quantitative Role of Transportation Costs  Author(s): RAVN, Morten O.; MAZZENGA, Elisabetta Date: 2004 Type of Publication: Article
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    Title: Asymmetric Effects of Monetary Policy in the United States: Positive vs. Negative or Big vs. Small?  Author(s): RAVN, Morten O.; SOLA, Martin Date: 2004 Type of Publication: Article
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    Title: International Consumption Risk Sharing  Author(s): CANOVA, Fabio; RAVN, Morten O. Date: 1996 Type of Publication: Article Abstract: This paper formally examines the implications of international consumption risk sharing for a panel of industrialized countries. We theoretically derive the international consumption insurance proposition in a simple setup ...
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    Title: Growth, Human-Capital Spillovers and International-Policy Coordination  Author(s): BLACKBURN, Keith; RAVN, Morten O. Date: 1993 Type of Publication: Article Abstract: The paper is concerned with public policy and economic development in a world of interdependent economies. Its objective is to show how the international coordination of economic policy is a means of promoting growth across ...