Skip to main content Accessibility help

We use cookies to distinguish you from other users and to provide you with a better experience on our websites. Close this message to accept cookies or find out how to manage your cookie settings.

Close cookie message
×
Hostname: page-component-cd9895bd7-gvvz8 Total loading time: 0 Render date: 2024-12-27T13:06:04.231Z Has data issue: false hasContentIssue false

Bibliography

Published online by Cambridge University Press:  28 March 2024

Jeremy B. Rudd
Get access

Summary

A summary is not available for this content so a preview has been provided. Please use the Get access link above for information on how to access this content.
Image of the first page of this content. For PDF version, please use the ‘Save PDF’ preceeding this image.'
Type
Chapter
Information
A Practical Guide to Macroeconomics , pp. 282 - 297
Publisher: Cambridge University Press
Print publication year: 2024

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

Abel, Andrew B. and Blanchard, Olivier J.. The present value of profits and cyclical movements in investment. Econometrica, 54(2):249–273, 1986.CrossRefGoogle Scholar
Abraham, Katharine G. Structural/frictional vs. deficient demand unemployment: Some new evidence. American Economic Review, 73(4):708–724, 1983.Google Scholar
Abraham, Katharine G. Help-wanted advertising, job vacancies, and unemployment. Brookings Papers on Economic Activity, 1987 (1):207–248, 1987.CrossRefGoogle Scholar
Ahn, Hie-Joo. A modified Bayesian sign-restricted structural var. Mimeo, 2023.Google Scholar
Ahn, Hie-Joo and Hamilton, James D.. Measuring labor-force participation and the incidence and duration of unemployment. Review of Economic Dynamics, 44:1–32, 2022.CrossRefGoogle Scholar
Ahn, Hie-Joo and Rudd, Jeremy B.. (Re)-connecting inflation and the labor market: A tale of two curves. Mimeo, 2023.Google Scholar
Allen, Todd W. and Carroll, Christopher D.. Individual learning about consumption. Macroeconomic Dynamics, 5(2):255–271, 2001.CrossRefGoogle Scholar
Angeletos, George-Marios. Fiscal policy with noncontingent debt and the optimal maturity structure. The Quarterly Journal of Economics, 117(3):1105–1131, 2002.CrossRefGoogle Scholar
Angeletos, George-Marios and Lian, Chen. Confidence and the propagation of demand shocks. The Review of Economic Studies, 89(3):1085–1119, 2022.CrossRefGoogle Scholar
Aoki, Masanao. New Approaches to Macroeconomic Modeling. Cambridge University Press, Cambridge, 1996.CrossRefGoogle Scholar
Aoki, Masanao. Modeling Aggregate Behavior and Fluctuations in Economics. Cambridge University Press, Cambridge, 2002.Google Scholar
Aoki, Masanao and Yoshikawa, Hiroshi. Reconstructing Macroeconomics. Cambridge University Press, Cambridge, 2007.Google Scholar
Aoki, Masanao and Yoshikawa, Hiroshi. Non-self-averaging in macroeconomic models: A criticism of modern micro-founded macroeconomics. Journal of Economic Interaction and Coordination, 7(1):1–22, 2012.CrossRefGoogle Scholar
de Lannoy, Aparisi, Leo, R., Bhandari, Anmol, Evans, David, Golosov, Mikhail, and Sargent, Thomas J.. Managing public portfolios. Working Paper 30501, National Bureau of Economic Research, September 2022.Google Scholar
Ascari, Guido and Sbordone, Argia M.. The macroeconomics of trend inflation. Journal of Economic Literature, 52(3):679–739, 2014.CrossRefGoogle Scholar
Ascari, Guido, Phaneuf, Louis, and Sims, Eric R.. On the welfare and cyclical implications of moderate trend inflation. Journal of Monetary Economics, 99:56–71, 2018.CrossRefGoogle Scholar
Ascari, Guido, Magnusson, Leandro M., and Mavroeidis, Sophocles. Empirical evidence on the Euler equation for consumption in the US. Journal of Monetary Economics, 117:129–152, 2021.CrossRefGoogle Scholar
Asimov, Issac. Foundation. Doubleday, New York, 1951.Google Scholar
Auerbach, Alan J. and Gorodnichenko, Yuriy. Measuring the output responses to fiscal policy. American Economic Journal: Economic Policy, 4 (2):1–27, 2012.Google Scholar
Azar, José, Huet-Vaughn, Emiliano, Marinescu, Ioana, Taska, Bledi, and von Wachter, Till. Minimum wage employment effects and labor market concentration. Working Paper 26101, National Bureau of Economic Research, 2019.CrossRefGoogle Scholar
Bak, Per, Chen, Kan, Scheinkman, José, and Woodford, Michael. Aggregate fluctuations from independent sectoral shocks: Self-organized criticality in a model of production and inventory dynamics. Ricerche Economiche, 47(1):3–30, 1993.CrossRefGoogle Scholar
Ball, Laurence M. Has globalization changed inflation? Working Paper 12687, National Bureau of Economic Research, November 2006.CrossRefGoogle Scholar
Ball, Laurence M. and Mankiw, N. Gregory. A sticky-price manifesto. Carnegie-Rochester Conference Series on Public Policy, 41:127–151, 1994.CrossRefGoogle Scholar
Ball, Laurence M., Leigh, Daniel, and Mishra, Prachi. Understanding U.S. inflation during the COVID era. Working Paper 30613, National Bureau of Economic Research, October 2022.CrossRefGoogle Scholar
Baqaee, David Rezza and Farhi, Emmanuel. Macroeconomics with heterogeneous agents and input-output networks. Working Paper 24684, National Bureau of Economic Research, 2018.CrossRefGoogle Scholar
Baqaee, David Rezza and Farhi, Emmanuel. JEEA-FBBVA Lecture 2018: The Microeconomic Foundations of Aggregate Production Functions. Journal of the European Economic Association, 17 (5):1337–1392, 2019.CrossRefGoogle Scholar
Baqaee, David Rezza and Farhi, Emmanuel. Supply and demand in disaggregated Keynesian economies with an application to the COVID-19 crisis. American Economic Review, 112(5):1397–1436, 2022.CrossRefGoogle Scholar
Barnett, William. Dimensions and economics: Some problems. The Quarterly Journal of Austrian Economics, 7 (1):95–104, 2004.CrossRefGoogle Scholar
Barnichon, Regis. Building a composite Help-Wanted Index. Economics Letters, 109(3):175–178, 2010.CrossRefGoogle Scholar
Barnichon, Regis and Figura, Andrew. Labor market heterogeneity and the aggregate matching function. American Economic Journal: Macroeconomics, 7 (4):222–249, 2015.Google Scholar
Barro, Robert J. Second thoughts on Keynesian economics. American Economic Review: Papers and Proceedings, 69 (2):54–59, 1979.Google Scholar
Barro, Robert J. Optimal debt management. Working Paper 5327, National Bureau of Economic Research, October 1995.CrossRefGoogle Scholar
Barro, Robert J. Optimal management of indexed and nominal debt. Annals of Economics and Finance, 4(1):1–15, 2003.Google Scholar
Barro, Robert J. and Grossman, Herschel I.. Money, Employment and Inflation. Cambridge University Press, Cambridge, 1976.CrossRefGoogle Scholar
Barsky, Robert B. and Kilian, Lutz. Do we really know that oil caused the Great Stagflation? A monetary alternative. NBER Macroeconomics Annual, 16:137–198, 2002.CrossRefGoogle Scholar
Basu, Susanto and Fernald, John. Why is productivity procyclical? Why do we care? In Hulten, Charles R., Dean, Edwin R., and Harper, Michael J., editors, New Developments in Productivity Analysis, pages 225–302. University of Chicago Press, Chicago, 2001.CrossRefGoogle Scholar
Basu, Susanto, Fernald, John G., and Kimball, Miles S.. Are technology improvements contractionary? American Economic Review, 96(5):1418–1448, 2006.CrossRefGoogle Scholar
Baumeister, Christiane and Hamilton, James D.. Sign restrictions, structural vector autoregressions, and useful prior information. Econometrica, 83(5):1963–1999, 2015.CrossRefGoogle Scholar
Baxter, Marianne and King, Robert G.. Measuring business cycles: Approximate bandpass filters for economic time series. The Review of Economics and Statistics, 81 (4):575–593, 1999.CrossRefGoogle Scholar
Bénassy, Jean-Pascal. The Economics of Market Disequilibrium. Academic Press, New York, 1982.Google Scholar
Bénassy, Jean-Pascal. Nonclearing markets: Microeconomic concepts and macroeconomic applications. Journal of Economic Literature, 31(2):732–761, 1993.Google Scholar
Berman, Yonatan, Peters, Ole, and Adamou, Alexander. Wealth inequality and the ergodic hypothesis: Evidence from the United States. Journal of Income Distribution, 2021. https://doi.org/10.25071/1874-6322.40455CrossRefGoogle Scholar
Bernanke, Ben S. and Kuttner, Kenneth N.. What explains the stock market’s reaction to Federal Reserve policy? The Journal of Finance, 60(3):1221–1257, 2005.CrossRefGoogle Scholar
Bernanke, Ben S. and Mihov, Ilian. Measuring monetary policy. The Quarterly Journal of Economics, 113(3):869–902, 1998.CrossRefGoogle Scholar
Bernanke, Ben S., Gertler, Mark, and Watson, Mark. Systematic monetary policy and the effects of oil price shocks. Brookings Papers on Economic Activity, 1997 (1):91–142, 1997.CrossRefGoogle Scholar
Bernanke, Ben S., Boivin, Jean, and Eliasz, Piotr. Measuring the effects of monetary policy: A factor-augmented vector autoregressive (FAVAR) approach. The Quarterly Journal of Economics, 120(1):387–422, 2005.Google Scholar
Bernstein, Michael A. A Perilous Progress: Economists and Public Purpose in Twentieth-Century America. Princeton University Press, Princeton, 2001.CrossRefGoogle Scholar
Beveridge, Stephen and Nelson, Charles R.. A new approach to decomposition of economic time series into permanent and transitory components with particular attention to measurement of the ‘business cycle’. Journal of Monetary Economics, 7(2):151–174, 1981.CrossRefGoogle Scholar
Beveridge, William H. Full Employment in a Free Society. George Allen & Unwin Ltd, London, 1944.Google Scholar
Bewley, Truman F. Why Wages Don’t Fall in a Recession. Harvard University Press, Cambridge, MA, 1999.CrossRefGoogle Scholar
Bilbiie, Florin O. Monetary policy and heterogeneity: An analytical framework. Working Paper, 2021.Google Scholar
Blanchard, Olivier Jean and Diamond, Peter. The Beveridge curve. Brookings Papers on Economic Activity, 1989 (1):1–76, 1989.CrossRefGoogle Scholar
Blinder, Alan S. and Goldfeld, Stephen M.. New measures of fiscal and monetary policy, 1958–73. American Economic Review, 66(5):780–796, 1976.Google Scholar
Blinder, Alan S. and Rudd, Jeremy B.. The supply-shock explanation of the Great Stagflation revisited. In Bordo, Michael D. and Orphanides, Athanasios, editors, The Great Bibliography Inflation: The Rebirth of Modern Central Banking, pages 119–175. University of Chicago Press, Chicago, 2013.CrossRefGoogle Scholar
Blinder, Alan S., Canetti, Elie R. D., Lebow, David E., and Rudd, Jeremy B.. Asking About Prices: A New Approach to Understanding Price Stickiness. Russell Sage Foundation, New York, 1998.Google Scholar
Blundell, Richard and Stoker, Thomas M.. Models of aggregate economic relationships that account for heterogeneity. In Heckman, James J. and Leamer, Edward E., editors, Handbook of Econometrics, volume 6A, chapter 68, pages 4609–4666. Elsevier, New York, 2007.CrossRefGoogle Scholar
Bradley, Ralph. Finite sample effects in the estimation of substitution bias in the consumer price index. Journal of Official Statistics, 17(3):369–390, 2001.Google Scholar
Brainard, William C. Uncertainty and the effectiveness of policy. American Economic Review, 57(2):411–425, 1967.Google Scholar
Brockie, Melvin D. and Grey, Arthur L.. The marginal efficiency of capital and investment programming. The Economic Journal, 66(264):662–675, 1956.CrossRefGoogle Scholar
Brown, Donald J. and Matzkin, Rosa L.. Testable restrictions on the equilibrium manifold. Econometrica, 64(6):1249–1262, 1996.CrossRefGoogle Scholar
Brown, Donald J. and Shannon, Chris. Uniqueness, stability, and comparative statics in rationalizable Walrasian markets. Econometrica, 68(6):1529–1539, 2000.CrossRefGoogle Scholar
Browning, Martin, Hansen, Lars Peter, and Heckman, James J.. Micro data and general equilibrium models. In Taylor, John B. and Woodford, Michael, editors, Handbook of Macroeconomics, volume 1, chapter 8, pages 543–633. Elsevier, New York, 1999.CrossRefGoogle Scholar
Bryan, Michael F., Meyer, Brent H., and Parker, Nicholas B.. The inflation expectations of firms: What do they look like, are they accurate, and do they matter? Working Paper 2014-27a, Federal Reserve Bank of Atlanta, January 2015.Google Scholar
Buera, Francisco and Nicolini, Juan Pablo. Optimal maturity of government debt without state contingent bonds. Journal of Monetary Economics, 51(3):531–554, 2004.CrossRefGoogle Scholar
Bureau of Economic Analysis. Fixed Assets and Consumer Durable Goods in the United States, 1925–1999. U.S. Department of Commerce, Washington, DC, 2003.Google Scholar
Burns, Arthur F. and Mitchell, Wesley C.. Measuring Business Cycles. Number 2 in Studies in Business Cycles. National Bureau of Economic Research, New York, 1946.Google Scholar
Caballero, Ricardo J. Aggregate investment. In Taylor, John B. and Woodford, Michael, editors, Handbook of Macroeconomics, volume 1A, chapter 12, pages 813–862. Elsevier, New York, 1999.CrossRefGoogle Scholar
Cajner, Tomaz, Radler, Tyler, Ratner, David, and Vidangos, Ivan. Racial gaps in labor market outcomes in the last four decades and over the business cycle. Working Paper 2017-071, Federal Reserve Board of Governors, 2017.Google Scholar
Carroll, Christopher D. A theory of the consumption function, with and without liquidity constraints. Journal of Economic Perspectives, 15(3):23–45, 2001.CrossRefGoogle Scholar
Carroll, Christopher D. and Kimball, Miles S.. On the concavity of the consumption function. Econometrica, 64(4):981–992, 1996.CrossRefGoogle Scholar
Carroll, Christopher D., Otsuka, Misuzu, and Slacalek, Jiri. How large are housing and financial wealth effects? A new approach. Journal of Money, Credit and Banking, 43 (1):55–79, 2011.CrossRefGoogle Scholar
Carroll, Christopher D., Holm, Martin B., and Kimball, Miles S.. Liquidity constraints and precautionary saving. Journal of Economic Theory, 195, 2021.CrossRefGoogle Scholar
Carter, Susan B., Gartner, Scott Sigmund, Haines, Michael R., Olmstead, Alan L., Sutch, Richard, and Wright, Gavin, editors. Historical Statistics of the United States, Earliest Times to the Present: Millenial Edition. Cambridge University Press, New York, 2006.Google Scholar
Cashin, David, Lenney, Jamie, Lutz, Byron, and Peterman, William. Fiscal policy and aggregate demand in the U.S. before, during and following the Great Recession. Working Paper 2017-061, Federal Reserve Board of Governors, 2017.CrossRefGoogle Scholar
Christiano, Lawrence J. and Eichenbaum, Martin. Temporal aggregation and structural inference in macroeconomics. Carnegie-Rochester Conference Series on Public Policy, 26:63–130, 1987.CrossRefGoogle Scholar
Christiano, Lawrence J. and Fitzgerald, Terry J.. The band pass filter. International Economic Review, 44(2):435–465, 2003.CrossRefGoogle Scholar
Christiano, Lawrence J., Eichenbaum, Martin, and Evans, Charles L.. Monetary policy shocks: What have we learned and to what end? In Handbook of Macroeconomics, volume 1, pages 65–148. Elsevier, New York, 1999.CrossRefGoogle Scholar
Clarida, Richard, Galí, Jordi, and Gertler, Mark. Monetary policy rules and macroeconomic stability: Evidence and some theory. The Quarterly Journal of Economics, 115(1):147–180, 2000.CrossRefGoogle Scholar
Clark, Peter K. Okun’s law and potential GNP. Mimeo, Federal Reserve Board of Governors, June 1983.Google Scholar
Clark, Todd E. and Terry, Stephen J.. Time variation in the inflation passthrough of energy prices. Journal of Money, Credit and Banking, 42:1419–1433, 2010.CrossRefGoogle Scholar
Clower, Robert. The Keynesian counterrevolution: A theoretical appraisal. In Hahn, F. H. and Brechling, F. P. R., editors, The Theory of Interest Rates, pages 103–125. Macmillan & Company, London, 1965.Google Scholar
Cogley, Timothy and Sargent, Thomas J.. Drifts and volatilities: Monetary policies and outcomes in the post WWII US. Review of Economic Dynamics, 8:262–302, 2005.CrossRefGoogle Scholar
Cogley, Timothy, Primiceri, Giorgio E., and Sargent, Thomas J.. Inflation-gap persistence in the US. American Economic Journal: Macroeconomics, 2 (1):43–69, 2010.Google Scholar
Coibion, Olivier and Gorodnichenko, Yuriy. Is the Phillips curve alive and well after all? Inflation expectations and the missing disinflation. American Economic Journal: Macroeconomics, 7 (1):197–232, 2015.Google Scholar
Coibion, Olivier, Gorodnichenko, Yuriy, and Kamdar, Rupal. The formation of expectations, inflation, and the Phillips curve. Journal of Economic Literature, 56(4):1447–1491, 2018a.CrossRefGoogle Scholar
Coibion, Olivier, Gorodnichenko, Yuriy, and Kamdar, Rupal. How do firms form their expectations? New survey evidence. American Economic Review, 108(9):2671–2713, 2018b.CrossRefGoogle Scholar
Coibion, Olivier, Gorodnichenko, Yuriy, and Ropele, Tiziano. Inflation expectations and firm decisions: New causal evidence. The Quarterly Journal of Economics, 135(1):165–219, 2020.CrossRefGoogle Scholar
Crow, Edwin L. and Siddiqui, M. M.. Robust estimation of location. Journal of the American Statistical Association, 62 (318):353–389, 1967.CrossRefGoogle Scholar
D’Acunto, Francesco, Malmendier, Ulrike, and Weber, Michael. What do the data tell us about inflation expectations? Working Paper 29825, National Bureau of Economic Research, March 2022.CrossRefGoogle Scholar
Dawid, Herbert and Gatti, Domenico Delli. Agent-based macroeconomics. In Hommes, Cars and LeBaron, Blake, editors, Handbook of Computational Economics, volume 4, chapter 2, pages 63–156. Elsevier, New York, 2018.Google Scholar
de Chazeau, Melvin G. Regularization of Fixed Capital Investment by the Individual Firm, pages 75–116. Princeton University Press, Princeton, 1954.Google Scholar
De Jong, Frits J. Dimensional Analysis for Economists: With a Mathematical Appendix on the Algebraic Structure of Dimensional Analysis by Wilhelm Quade. North-Holland, Amsterdam, 1967.Google Scholar
Deaton, Angus. Saving and liquidity constraints. Econometrica, 59(5):1221–1248, 1991.CrossRefGoogle Scholar
Deaton, Angus. Understanding Consumption. Clarendon Press, Oxford, 1992.CrossRefGoogle Scholar
Deaton, Angus and Muellbauer, John. Economics and Consumer Behavior. Cambridge University Press, Cambridge, 1980.CrossRefGoogle Scholar
Debreu, Gerard. Excess demand functions. Journal of Mathematical Economics, 1:15–21, 1974.CrossRefGoogle Scholar
Del Negro, Marco, Giannoni, Marc, and Patterson, Christina. The forward guidance puzzle. Technical Report 574, Federal Reserve Bank of New York, October 2012. Revised December 2015.CrossRefGoogle Scholar
Diamond, Peter A. Aggregate demand management in search equilibrium. Journal of Political Economy, 90(5):881–894, 1982.CrossRefGoogle Scholar
Dickens, Charles. David Copperfield. Chapman & Hall, London, 1867.Google Scholar
Diercks, Anthony M. The reader’s guide to optimal monetary policy. Mimeo, August 2019.Google Scholar
Dolmas, Jim. Trimmed mean PCE inflation. Working Paper 0506, Federal Reserve Bank of Dallas, July 2005.Google Scholar
Dow, Gregory K. Governing the Firm: Workers’ Control in Theory and Practice. Cambridge University Press, Cambridge, 2003.CrossRefGoogle Scholar
Dow, Gregory K. The Labor-Managed Firm: Theory and Practice. Cambridge University Press, Cambridge, 2018.CrossRefGoogle Scholar
Drandakis, E. M. and Phelps, E. S.. A model of induced invention, growth and distribution. The Economic Journal, 76(304):823–840, 1966.CrossRefGoogle Scholar
Drèze, Jacques H. Underemployment Equilibria: Essays in Theory, Econometrics and Policy. Cambridge University Press, Cambridge, 1991.CrossRefGoogle Scholar
Ebersole, J. Franklin. The influence of interest rates upon entrepreneurial decisions in business –a case study. Harvard Business Review, 17(1):35–39, 1938.Google Scholar
Eggertsson, Gauti B. and Woodford, Michael. The zero bound on interest rates and optimal monetary policy. Brookings Papers on Economic Activity, 2003 (1):139–211, 2003.CrossRefGoogle Scholar
Elsby, Michael W. L., Hobijn, Bart, and Şahin, Ayşegül. The decline of the U.S. labor share. Brookings Papers on Economic Activity, 2013:1–52, 2013.CrossRefGoogle Scholar
Elsby, Michael W. L., Michaels, Ryan, and Ratner, David. The Beveridge curve: A survey. Journal of Economic Literature, 53(3):571–630, 2015.CrossRefGoogle Scholar
ESS Guidelines on Seasonal Adjustment. Eurostat, 2015.Google Scholar
Handbook on Seasonal Adjustment. Eurostat, 2018.Google Scholar
Evans, George and Reichlin, Lucrezia. Information, forecasts, and measurement of the business cycle. Journal of Monetary Economics, 33:233–254, 1994.CrossRefGoogle Scholar
Faraglia, Elisa, Marcet, Albert, and Scott, Andrew. In search of a theory of debt management. Journal of Monetary Economics, 57(7):821–836, 2010.CrossRefGoogle Scholar
Faraglia, Elisa, Marcet, Albert, Oikonomou, Rigas, and Scott, Andrew. Government debt management: The long and the short of it. The Review of Economic Studies, 86(6):2554–2604, 2019.CrossRefGoogle Scholar
Farmer, Roger E. A. Expectations, Employment, and Prices. Oxford University Press, Oxford, 2010.Google Scholar
Felipe, Jesus and Fisher, Franklin M.. Aggregation in production functions: What applied economists should know. Metroeconomica, 54:208–262, 2003.CrossRefGoogle Scholar
Felipe, Jesus and McCombie, J. S. L.. Some methodological problems with the neoclassical analysis of the East Asian miracle. Cambridge Journal of Economics, 27(5):695–721, 2003.CrossRefGoogle Scholar
Fernald, John G. A quarterly, utilization-adjusted series on total factor productivity. Working Paper 2012–19, Federal Reserve Bank of San Francisco, 2012. Updated March 2014.CrossRefGoogle Scholar
Fisher, Franklin M. Disequilibrium Foundations of Equilibrium Economics. Number 6 in Econometric Society Monographs. Cambridge University Press, Cambridge, 1983.CrossRefGoogle Scholar
Fisher, Franklin M. Aggregation: Aggregate Production Functions and Related Topics. MIT Press, Cambridge, MA, 1993.Google Scholar
Fisher, Franklin M. Models of aggregate economic relationships that account for heterogeneity. In Bridel, Pascal, editor, General Equilibrium Analysis a Century after Walras, chapter 5, pages 34–45. Routledge, London, 2011.Google Scholar
Fisher, Irving. The Rate of Interest: Its Nature, Determination and Relation to Economic Phenomena. The Macmillan Company, New York, 1907.Google Scholar
Fleurbaey, Marc and Ponthière, Grégory. The stakeholder corporation and social welfare. Journal of Political Economy, 131(9):2556–2594, 2023.CrossRefGoogle Scholar
Forni, Mario and Lippi, Marco. Aggregation and the Microfoundations of Dynamic Macroeconomics. Oxford University Press, Oxford, 1997.CrossRefGoogle Scholar
Frank, Murray Z. and Shen, Tao. Investment and the weighted average cost of capital. Journal of Financial Economics, 119(2):300–315, 2016.CrossRefGoogle Scholar
Friedman, Milton. A Theory of the Consumption Function. Princeton University Press, Princeton, 1957.CrossRefGoogle Scholar
Friedman, Milton. Windfalls, the “horizon,” and related concepts in the permanent-income hypothesis. In Measurement in Economics: Studies in Mathematical Economics and Econometrics in Memory of Yehuda Grunfeld, chapter 1, pages 3–28. Stanford University Press, Stanford, 1963.Google Scholar
Friedman, Milton. The role of monetary policy. American Economic Review, 58(1):1–17, 1968.Google Scholar
Friedman, Milton. Perspective on inflation. In There’s No Such Thing as a Free Lunch, pages 113–115. Open Court, La Salle, IL, 1975. Reprint of June 24, 1974 Newsweek article.Google Scholar
Frisch, Ragnar. Propagation problems and impulse problems in dynamic economics. Technical Report 3, Universitetets Økonomiske Institutt, Oslo, 1933.Google Scholar
Gabaix, Xavier. The granular origins of aggregate fluctuations. Econometrica, 79(3):733–772, 2011.Google Scholar
Gabaix, Xavier and Landier, Augustin. Why has CEO pay increased so much? The Quarterly Journal of Economics, 123(1):49–100, 2008.CrossRefGoogle Scholar
Ganong, Peter, Jones, Damon, Noel, Pascal, Farrell, Diana, Greig, Fiona, and Wheat, Chris. Wealth, race, and consumption smoothing of typical income shocks. Working Paper, June 10, 2020.CrossRefGoogle Scholar
García-Schmidt, Mariana and Woodford, Michael. Are low interest rates deflationary? A paradox of perfect-foresight analysis. American Economic Review, 109(1):86–120, 2019.CrossRefGoogle Scholar
Gechert, Sebastian. What fiscal policy is most effective? A meta-regression analysis. Oxford Economic Papers, 67(3):553–580, 2015.CrossRefGoogle Scholar
Gertler, Mark and Karadi, Peter. Monetary policy surprises, credit costs, and economic activity. American Economic Journal: Macroeconomics, 7 (1):44–76, 2015.Google Scholar
Giandrea, Michael D. and Sprague, Shawn. Estimating the U.S. labor share. Monthly Labor Review, February 2017.CrossRefGoogle Scholar
Gilchrist, Simon and Zakrajšek, Egon. Investment and the cost of capital: New evidence from the corporate bond market. Working Paper 13174, National Bureau of Economic Research, 2007.CrossRefGoogle Scholar
Gilchrist, Simon and Zakrajšek, Egon. Credit spreads and business cycle fluctuations. American Economic Review, 102(4):1692–1720, 2012.CrossRefGoogle Scholar
Goldin, Claudia. The quiet revolution that transformed women’s employment, education, and family. American Economic Review, 96(2):1–21, 2006.CrossRefGoogle Scholar
Goodwin, Richard M. Secular and cyclical aspects of the multiplier and the accelerator. In Income, Employment and Public Policy: Essays in Honor of Alvin H. Hansen, chapter 5, pages 108–132. W. W. Norton & Company, New York, 1948.Google Scholar
Gordon, Robert J. Recent developments in the theory of inflation and unemployment. Journal of Monetary Economics, 2(2):185–219, 1976.CrossRefGoogle Scholar
Gordon, Robert J. The Phillips curve is alive and well: Inflation and the NAIRU during the slow recovery. Working Paper 19390, National Bureau of Economic Research, 2013.Google Scholar
Grandmont, Jean-Michel. The logic of the fix-price method. Scandinavian Journal of Economics, 79(2):169–186, 1977.CrossRefGoogle Scholar
Grandmont, Jean-Michel. Money and Value: A Reconsideration of Classical and Neoclassical Monetary Theories. Number 5 in Econometric Society Monographs. Cambridge University Press, Cambridge, 1983.CrossRefGoogle Scholar
Grossman, Gene M. and Oberfield, Ezra. The elusive explanation for the declining labor share. Annual Review of Economics, 14:93–124, 2022.CrossRefGoogle Scholar
Grossman, Herschel I. Why does aggregate employment fluctuate? American Economic Review: Papers and Proceedings, 69 (2):64–69, 1979.Google Scholar
Hahn, Frank. On non-Walrasian equilibria. The Review of Economic Studies, 45(1):1–17, 1978.CrossRefGoogle Scholar
Hahn, Frank. Stability. In Arrow, Kenneth J. and Intriligator, Michael D., editors, Handbook of Mathematical Economics, volume 2, chapter 16, pages 745–793. Elsevier, New York, 1982.Google Scholar
Hamilton, James D. A new approach to the economic analysis of nonstationary time series and the business cycle. Econometrica, 57(2):357–384, 1989.CrossRefGoogle Scholar
Hamilton, James D. Why you should never use the Hodrick–Prescott filter. The Review of Economics and Statistics, 100 (5):831–843, 2018.CrossRefGoogle Scholar
Hansen, Bent. Excess demand, unemployment, vacancies, and wages. The Quarterly Journal of Economics, 84(1):1–23, 1970.CrossRefGoogle Scholar
Havranek, Tomas and Sokolova, Anna. Do consumers really follow a rule of thumb? Three thousand estimates from 144 studies say “probably not”. Review of Economic Dynamics, 35:97–122, 2020.CrossRefGoogle Scholar
Hazell, Jonathon, Herreño, Juan, Nakamura, Emi, and Steinsson, Jón. The slope of the Phillips curve: Evidence from U.S. states. The Quarterly Journal of Economics, 137(3):1299–1344, 2022.CrossRefGoogle Scholar
Herbst, Edward P. and Johannsen, Benjamin K.. Bias in local projections. Working Paper 2020-010, Federal Reserve Board of Governors, 2020.CrossRefGoogle Scholar
Hicks, J. R. The Theory of Wages. Macmillan & Company, London, 1932.Google Scholar
Hicks, J. R. Value and Capital: An Inquiry into Some Fundamental Principles of Economic Theory. Oxford University Press, Oxford, 2nd edition, 1946.Google Scholar
Hicks, J. R. A Revision of Demand Theory. Oxford University Press, Oxford, 1956.Google Scholar
Hildenbrand, Werner. Market Demand: Theory and Empirical Evidence. Princeton University Press, Princeton, 1993.Google Scholar
Hodrick, Robert J. An exploration of trend-cycle decomposition methodologies in simulated data. Working Paper 26750, National Bureau of Economic Research, 2020.CrossRefGoogle Scholar
Hodrick, Robert J. and Prescott, Edward C.. Postwar U.S. business cycles: An empirical investigation. Journal of Money, Credit and Banking, 29 (1):1–16, 1997.CrossRefGoogle Scholar
Holt, Charles and David, Martin. The Concept of Job Vacancies in a Dynamic Theory of the Labor Market, pages 73–110. National Bureau of Economic Research, 1966.Google Scholar
House, Christopher L. and Shapiro, Matthew D.. Temporary investment tax incentives: Theory with evidence from bonus depreciation. American Economic Review, 98(3):737–768, 2008.CrossRefGoogle Scholar
Howard, David H. The disequilibrium model in a controlled economy: An empirical test of the Barro–Grossman model. American Economic Review, 66(5):871–879, 1976.Google Scholar
Hulten, Charles R. Growth accounting with intermediate inputs. The Review of Economic Studies, 45(3):511–518, 1978.CrossRefGoogle Scholar
Huo, Zhen and Ríos-Rull, José-Víctor. Sticky wage models and labor supply constraints. American Economic Journal: Macroeconomics, 12:284–318, 2020.Google Scholar
Hylleberg, Svend. Modelling Seasonality. Oxford University Press, Oxford, 1992. Edited volume.CrossRefGoogle Scholar
ILO, and others. Consumer Price Index Manual. International Labor Office, Geneva, 2004.Google Scholar
Jaeger, H. M., Liu, Chu-heng, and Nagel, Sidney R.. Relaxation at the angle of repose. Physical Review Letters, 62(1):40–43, 1989.CrossRefGoogle ScholarPubMed
Jagannathan, Ravi, Matsa, David A., Meier, Iwan, and Tarhan, Vefa. Why do firms use high discount rates? Journal of Financial Economics, 120(3):445–463, 2016.CrossRefGoogle Scholar
Jarociński, Marek and Karadi, Peter. Deconstructing monetary policy surprises –the role of information shocks. American Economic Journal: Macroeconomics, 12 (2):1–43, 2020.Google Scholar
Jump, Gregory V. Interest rates, inflation expectations, and spurious elements in measured real income and saving. American Economic Review, 70(5):990–1004, 1980.Google Scholar
Justiniano, Alejandro, Primiceri, Giorgio E., and Tambalotti, Andrea. Investment shocks and business cycles. Journal of Monetary Economics, 57(2):132–145, 2010.CrossRefGoogle Scholar
Kalecki, Michal. Professor Pigou on “The classical stationary state,” a comment. The Economic Journal, 54(213):131–132, 1944.CrossRefGoogle Scholar
Kalecki, Michal. Political aspects of full employment. The Political Quarterly, 14(4):322–330, 1943.CrossRefGoogle Scholar
Kamber, Güneş, Morley, James, and Wong, Benjamin. Intuitive and reliable estimates of the output gap from a Beveridge–Nelson filter. The Review of Economics and Statistics, 100 (3):550–556, 2018.CrossRefGoogle Scholar
Kaplan, Greg and Violante, Giovanni L.. Microeconomic heterogeneity and macroeconomic shocks. Journal of Economic Perspectives, 32(3):167–194, 2018.CrossRefGoogle Scholar
Kaplan, Greg and Violante, Giovanni L.. The marginal propensity to consume in heterogeneous agent models. Working Paper 30013, National Bureau of Economic Research, 2022.CrossRefGoogle Scholar
Kaplan, Greg, Moll, Benjamin, and Violante, Giovanni L.. Monetary policy according to HANK. American Economic Review, 108(3):697–743, 2018.CrossRefGoogle Scholar
Karabarbounis, Loukas and Neiman, Brent. The global decline of the labor share. The Quarterly Journal of Economics, 129(1):61–104, 2014.CrossRefGoogle Scholar
Kaufman, Roger T. and Woglom, Geoffrey. The effects of expectations on union wages. American Economic Review, 74(3):418–432, 1984.Google Scholar
Kennedy, Charles. Samuelson on induced innovation. The Review of Economics and Statistics, 48 (4):442–444, 1966.CrossRefGoogle Scholar
Keynes, John Maynard. The General Theory of Employment Interest and Money. Macmillan & Company, London, 1936.Google Scholar
Khan, Aubhik and Thomas, Julia K.. Inventories and the business cycle: An equilibrium analysis of (S,s) policies. American Economic Review, 97(4):1165–1188, 2007.CrossRefGoogle Scholar
Kim, Chang-Jin and Nelson, Charles R.. State-Space Models with Regime Switching: Classical and Gibbs-Sampling Approaches with Applications. MIT Press, Cambridge, MA, 1999.Google Scholar
Kimball, Miles S. The quantitative analytics of the basic neomonetarist model. Journal of Money, Credit and Banking, 27 (4):1241–1277, 1995.CrossRefGoogle Scholar
Kirman, Alan P. Whom or what does the representative agent represent? Journal of Economic Perspectives, 6(2):117–136, 1992.CrossRefGoogle Scholar
Kitchen, John and Knittel, Matthew. Business use of special provisions for accelerated depreciation: Section 179 expensing and bonus depreciation, 2002–2009. Mimeo, November 2011.Google Scholar
Kiyotaki, Nobuhiro and West, Kenneth D.. Business fixed investment and the recent business cycle in Japan. NBER Macroeconomics Annual, 11:277–323, 1996.CrossRefGoogle Scholar
Knittel, Matthew. Small business utilization of accelerated tax depreciation: Section 179 expensing and bonus depreciation. Proceedings. Annual Conference on Taxation and Minutes of the Annual Meeting of the National Tax Association, 98:273–286, 2005.Google Scholar
Knittel, Matthew. Corporate response to accelerated tax depreciation: Bonus depreciation for tax years 2002–2004. Working Paper 98, U.S. Department of the Treasury, Office of Tax Analysis, 2007.Google Scholar
Knowles, James W. The potential economic growth in the United States. Study Paper 20, Joint Economic Committee of the 86th U.S. Congress, 1960.Google Scholar
Konüs, A. A. The problem of the true index of the cost of living. Econometrica, 7(1):10–29, 1939. Translation of 1924 article.CrossRefGoogle Scholar
Kothari, S. P., Lewellen, Jonathan, and Warner, Jerold B.. The behavior of aggregate corporate investment. Working Paper 5112-14, MIT Sloan School of Management, September 12, 2014.CrossRefGoogle Scholar
Lai, Kon S. Aggregation and testing of the production smoothing hypothesis. International Economic Review, 32(2):391–403, 1991.CrossRefGoogle Scholar
Laibson, David. Golden eggs and hyperbolic discounting. The Quarterly Journal of Economics, 112(2):443–477, 1997.CrossRefGoogle Scholar
Laubach, Thomas and Williams, John C.. Measuring the natural rate of interest. The Review of Economics and Statistics, 85 (4):1063–1070, 2003.CrossRefGoogle Scholar
Lewbel, Arthur. An examination of Werner Hildenbrand’s Market Demand. Journal of Economic Literature, 32:1832–1841, 1994.Google Scholar
Lucas, Robert E. Expectations and the neutrality of money. Journal of Economic Theory, 4(2):103–124, 1972.CrossRefGoogle Scholar
Lucas, Robert E. Understanding business cycles. Carnegie-Rochester Conference Series on Public Policy, 5:7–29, 1977.CrossRefGoogle Scholar
Lucas, Robert E. Comments on Ball and Mankiw. Carnegie-Rochester Conference Series on Public Policy, 41:153–155, 1994.CrossRefGoogle Scholar
Lucas, Robert E. and Sargent, Thomas J.. After Keynesian macroeconomics. Federal Reserve Bank of Minneapolis Quarterly Review, Spring: 1–16, 1979.CrossRefGoogle Scholar
Luo, Yulei, Nie, Jun, Wang, Xiaowen, and Young, Eric. Production and inventory dynamics under ambiguity aversion. Working Paper RWP 21-05, Federal Reserve Bank of Kansas City, 2021.CrossRefGoogle Scholar
Lusompa, Amaze. Local projections, autocorrelation, and efficiency. Working Paper RWP 21-01, Federal Reserve Bank of Kansas City, 2021.Google Scholar
Macaulay, Frederick R. The Smoothing of Time Series. National Bureau of Economic Research, New York, 1931.Google Scholar
Magill, Michael, Quinzii, Martine, and Rochet, Jean-Charles. A theory of the stakeholder corporation. Econometrica, 83(5):1685–1725, 2015.CrossRefGoogle Scholar
Malinvaud, Edmond. The Theory of Unemployment Reconsidered. Yrjö Jahnsson lectures. Basil Blackwell, Oxford, 1977.Google Scholar
Mantel, Rolf R. On the characterization of aggregate excess demand. Journal of Economic Theory, 7:348–353, 1974.CrossRefGoogle Scholar
Mantel, Rolf R. Homothetic preferences and community excess demand functions. Journal of Economic Theory, 12(2):197–201, 1976.CrossRefGoogle Scholar
Marglin, Stephen A. The Dismal Science: How Thinking Like an Economist Undermines Community. Harvard University Press, Cambridge, MA, 2008.Google Scholar
Mas-Colell, Andreu, Whinston, Michael D., and Green, Jerry R.. Microeconomic Theory. Oxford University Press, Oxford, 1995.Google Scholar
Mavroeidis, Sophocles, Plagborg-Møller, Mikkel, and Stock, James H.. Empirical evidence on inflation expectations in the new Keynesian Phillips curve. Journal of Economic Literature, 52(1):124–188, 2014.CrossRefGoogle Scholar
McLeay, Michael and Tenreyro, Silvana. Optimal inflation and the identification of the Phillips curve. NBER Macroeconomics Annual 2019, 34:199–255, 2020.CrossRefGoogle Scholar
Meade, J. E. and Andrews, P. W. S.. Summary to replies to questions on effects of interest rates. Oxford Economic Papers, (1):14–31, 1938.CrossRefGoogle Scholar
Medawar, Peter. Advice to a Young Scientist. Basic Books, New York, 1979.Google Scholar
Miranda-Agrippino, Silvia and Ricco, Giovanni. The transmission of monetary policy shocks. American Economic Journal: Macroeconomics, 13 (3):74–107, 2021.Google Scholar
Miron, Jeffrey A. The Economics of Seasonal Cycles. MIT Press, Cambridge, MA, 1996.Google Scholar
Miron, Jeffrey A. and Beaulieu, J. Joseph. What have macroeconomists learned about business cycles from the study of seasonal cycles? The Review of Economics and Statistics, 78 (1):54–66, 1996.CrossRefGoogle Scholar
Mitchell, Wesley C. Business Cycles: The Problem and Its Setting. Number 1 in Studies in Business Cycles. National Bureau of Economic Research, New York, 1927.Google Scholar
Olea, Montiel, Luis, José, and Pflueger, Carolin. A robust test for weak instruments. Journal of Business and Economic Statistics, 31 (3):358–369, 2013.CrossRefGoogle Scholar
Morley, James C., Nelson, Charles R., and Zivot, Eric. Why are the Beveridge–Nelson and unobserved-components decompositions of GDP so different? The Review of Economics and Statistics, 85 (2):235–243, 2003.CrossRefGoogle Scholar
Morningstar, Chip. How to deconstruct almost anything: My postmodern adventure, June 1993. Mimeo.Google Scholar
Moulton, Brent R. The measurement of output, prices, and productivity: What’s changed since the Boskin commission? Report, Hutchins Center, Brookings Institution, July 2018.Google Scholar
Murray, Christian J. Cyclical properties of Baxter-King filtered time series. The Review of Economics and Statistics, 85 (2):472–476, 2003.CrossRefGoogle Scholar
Nachbar, John H. General equilibrium comparative statics. Econometrica, 70(5):2065–2074, 2002.CrossRefGoogle Scholar
Nekarda, Christopher J. and Ramey, Valerie A.. The cyclical behavior of the price–cost markup. Journal of Money, Credit and Banking, 52 (S2):319–353, 2020.CrossRefGoogle Scholar
Nelson, Richard R. and Winter, Sidney G.. An Evolutionary Theory of Economic Change. Harvard University Press, Cambridge, MA, 1982.Google Scholar
Nordhaus, William D. The recent productivity slowdown. Brookings Papers on Economic Activity, 1972 (3):493–536, 1972.CrossRefGoogle Scholar
Nosbusch, Yves. Interest costs and the optimal maturity structure of government debt. The Economic Journal, 118(527):477–498, 2008.CrossRefGoogle Scholar
Okun, Arthur M. Potential GNP: Its measurement and significance. Proceedings of the Business and Economic Statistics Section of the American Statistical Association, pages 89–104, 1962.Google Scholar
Orphanides, Athanasios. Monetary policy rules, macroeconomic stability, and inflation: A view from the trenches. Journal of Money, Credit and Banking, 36 (2):151–175, 2004.CrossRefGoogle Scholar
Palumbo, Michael, Rudd, Jeremy, and Whelan, Karl. On the relationships between real consumption, income, and wealth. Journal of Business and Economic Statistics, 24 (1):1–11, 2006.CrossRefGoogle Scholar
Patinkin, Don. Money, Interest, and Prices: An Integration of Money and Value Theory. Harper and Row, New York, 2nd edition, 1965.Google Scholar
Peneva, Ekaterina V. and Rudd, Jeremy B.. The passthrough of labor costs to price inflation. Journal of Money, Credit and Banking, 49 (8):1777–1802, 2017.CrossRefGoogle Scholar
Perry, George L. Labor force structure, potential output, and productivity. Brookings Papers on Economic Activity, 1971 (3):533–565, 1971.CrossRefGoogle Scholar
Petrongolo, Barbara and Pissarides, Christopher A.. Looking into the black box: A survey of the matching function. Journal of Economic Literature, 39(2):390–431, 2001.CrossRefGoogle Scholar
Petrongolo, Barbara and Pissarides, Christopher A.. Pissarides. The ins and outs of European unemployment. American Economic Review: Papers and Proceedings, 98 (2):256–262, 2008.CrossRefGoogle Scholar
Phelps, Edmund S. Phillips curves, expectations of inflation and optimal unemployment over time. Economica, 34(135):254–281, 1967.CrossRefGoogle Scholar
Philippon, Thomas. The Great Reversal: How America Gave Up on Free Markets. Harvard University Press, Cambridge, MA, 2019.Google Scholar
Philippon, Thomas. Additive growth. Working Paper 29950, National Bureau of Economic Research, 2022.CrossRefGoogle Scholar
Phillips, A. W. The relation between unemployment and the rate of change of money wage rates in the United Kingdom, 1861–1957. Economica, 25(100):283–299, 1958.Google Scholar
Pigou, A. C. The classical stationary state. The Economic Journal, 53(212):343–351, 1943.CrossRefGoogle Scholar
Piketty, Thomas. Capital in the Twenty-First Century. Harvard University Press, Cambridge, MA, 2014.CrossRefGoogle ScholarPubMed
Plosser, Charles I. and Schwert, G. William. Potential GNP: Its measurement and significance: A dissenting opinion. Carnegie-Rochester Conference Series on Public Policy, 10:179–186, 1979.CrossRefGoogle Scholar
Pluchino, Alessandro, Biondo, Alessio Emanuele, and Rapisarda, Andrea. Talent versus luck: The role of randomness in success and failure. Advances in Complex Systems, 21, 2018.CrossRefGoogle Scholar
Pollak, Robert A. Group cost-of-living indexes. American Economic Review, 70(2):273–278, 1980.Google Scholar
Pollak, Robert A. The social cost of living index. Journal of Public Economics, 15(3):311–336, 1981.CrossRefGoogle Scholar
Portes, Richard and Winter, David. Disequilibrium estimates for consumption goods markets in centrally planned economies. The Review of Economic Studies, 47(1):137–159, 1980.CrossRefGoogle Scholar
Poterba, James M. and Summers, Lawrence H.. A CEO survey of U.S. companies’ time horizons and hurdle rates. Sloan Management Review, 37(1):43, 1995.Google Scholar
Ramey, Valerie A. Can government purchases stimulate the economy? Journal of Economic Literature, 49(3):673–685, 2011.CrossRefGoogle Scholar
Ramey, Valerie A. Macroeconomic shocks and their propagation. In Taylor, John B. and Uhlig, Harald, editors, Handbook of Macroeconomics, volume 2, pages 71–162. Elsevier, New York, 2016.Google Scholar
Ramey, Valerie A. and Zubairy, Sarah. Government spending multipliers in good times and in bad: Evidence from US historical data. Journal of Political Economy, 126(2):850–901, 2018.CrossRefGoogle Scholar
Rhode, Paul W. and Sutch, Richard. Estimates of national product before 1929. In Carter, Susan B., Gartner, Scott Sigmund, Haines, Michael R., Olmstead, Alan L., Sutch, Richard, and Wright, Gavin, editors, Historical Statistics of the United States, Earliest Times to the Present: Millenial Edition, chapter Ca, pages 3-12–3-20. Cambridge University Press, New York, 2006.Google Scholar
Robertson, D. H. The non-econometrician’s lament. In Lundberg, Erik, editor, The Business Cycle in the Post-War World: Proceedings of a Conference Held by the International Economic Association, page 313. Macmillan, London, 1955.Google Scholar
Rogers, Colin. Neo-Walrasian macroeconomics, microfoundations and pseudo-production models. Australian Economic Papers, 22(4):201–220, 1983.CrossRefGoogle Scholar
Romer, Christina D. The prewar business cycle reconsidered: New estimates of Gross National Product, 1869–1908. Journal of Political Economy, 97(1):1–37, 1989.CrossRefGoogle Scholar
Romer, Christina D. and Romer, David H.. A new measure of monetary shocks: Derivation and implications. The American Economic Review, 94(4):1055–1084, 2004.CrossRefGoogle Scholar
Romer, Paul M. Crazy explanations for the productivity slowdown. NBER Macroeconomics Annual, 2:163–202, 1987.CrossRefGoogle Scholar
Rotemberg, Julio J. and Woodford, Michael. The cyclical behavior of prices and costs. In Handbook of Macroeconomics, volume 1, chapter 16, pages 1051–1135. Elsevier, New York, 1999.CrossRefGoogle Scholar
Samuelson, Paul A. A theory of induced innovation along Kennedy–Weisäcker lines. The Review of Economics and Statistics, 47 (4):343–356, 1965.CrossRefGoogle Scholar
Samuelson, Paul A. The fundamental singularity theorem for non-joint production. International Economic Review, 7(1):34–41, 1966a.CrossRefGoogle Scholar
Samuelson, Paul A. Rejoinder: Agreements, disagreements, doubts, and the case of induced Harrod-neutral technical change. The Review of Economics and Statistics, 48 (4):444–448, 1966b.CrossRefGoogle Scholar
Sargent, Thomas J. Macroeconomic Theory. Academic Press, Boston, 2nd edition, 1987.Google Scholar
Scheinkman, José A. and Woodford, Michael. Self-organized criticality and economic fluctuations. American Economic Review (AEA Papers and Proceedings), 84(2):417–421, 1994.Google Scholar
Shackleton, Robert. Estimating and projecting potential output using CBO’s forecasting growth model. Working Paper 2018-03, Congressional Budget Office, 2018.Google Scholar
Shaikh, Anwar. Laws of production and laws of algebra: The humbug production function. The Review of Economics and Statistics, 56 (1):115–120, 1974.CrossRefGoogle Scholar
Sharpe, Steven A. and Suarez, Gustavo A.. Why isn’t business investment more sensitive to interest rates? Evidence from surveys. Management Science, 67(2):720–741, 2021.CrossRefGoogle Scholar
Simon, Herbert A. On parsimonious explanations of production relations. The Scandinavian Journal of Economics, 81 (4):459–474, 1979.CrossRefGoogle Scholar
Sims, Christopher A. Theoretical basis for a double deflated index of real value added. The Review of Economics and Statistics, 51 (4):470–471, 1969.CrossRefGoogle Scholar
Sims, Christopher A. Interpreting the macroeconomic time series facts: The effects of monetary policy. European Economic Review, 36(5):975–1000, 1992.CrossRefGoogle Scholar
Sims, Christopher A. Comment on Glenn Rudebusch’s “Do measures of monetary policy in a VAR make sense?”. International Economic Review, 39(4):933–941, 1998.CrossRefGoogle Scholar
Sims, Christopher A. and Zha, Tao. Were there regime switches in U.S. monetary policy? American Economic Review, 96(1):54–81, 2006a.CrossRefGoogle Scholar
Sims, Christopher A. and Zha, Tao. Does monetary policy generate recessions? Macroeconomic Dynamics, 10(2):231–272, 2006b.CrossRefGoogle Scholar
Slutzky, Eugen. The summation of random causes as the source of cyclic processes. Econometrica, 5(2):105–146, 1937.CrossRefGoogle Scholar
Smets, Frank and Wouters, Rafael. Shocks and frictions in US business cycles: A Bayesian DSGE approach. American Economic Review, 97(3):586–606, 2007.CrossRefGoogle Scholar
Solow, Robert M. A skeptical note on the constancy of relative shares. American Economic Review, 48(4):618–631, 1958.Google Scholar
Solow, Robert M. Where have all the flowers gone? Economic growth in the 1960s. In Pechman, Joseph A. and Simler, N. J., editors, Economics in the Public Service: Papers in Honor of Walter W. Heller, pages 46–83. W. W. Norton, New York, 1982.Google Scholar
Solow, Robert M. Comment. In Tobin, James, editor, Macroeconomics, Prices, and Quantities: Essays in Memory of Arthur M. Okun, pages 279–284. Brookings Institution, Washington, DC, 1983.Google Scholar
Sonnenschein, Hugo. Market excess demand functions. Econometrica, 40(3):549–563, 1972.CrossRefGoogle Scholar
Sonnenschein, Hugo. Do Walras’ identity and continuity characterize the class of community excess demand functions? Journal of Economic Theory, 6(3):345–354, 1973.CrossRefGoogle Scholar
Staiger, Douglas and Stock, James H.. Instrumental variables regression with weak instruments. Econometrica, 65(3):557–586, 1997.CrossRefGoogle Scholar
Staiger, Douglas, Stock, James H., and Watson, Mark W.. Prices, wages, and the U.S. NAIRU in the 1990s. In Krueger, Alan and Solow, Robert, editors, The Roaring Nineties: Can Full Employment Be Sustained?, pages 3–60. Russell Sage Foundation and Century Foundation Press, New York, 2001.Google Scholar
Staiger, Douglas O., Stock, James H., and Watson, Mark W.. How precise are estimates of the natural rate of unemployment? In Romer, Christina D. and Romer, David H., editors, Reducing Inflation: Motivation and Strategy, pages 195–246. University of Chicago Press, Chicago, 1997.Google Scholar
Stiglitz, Joseph E. and Greenwald, Bruce. Towards a New Paradigm in Monetary Economics. Cambridge University Press, Cambridge, 2003.CrossRefGoogle Scholar
Stock, James H. and Watson, Mark W.. Vector autoregressions. Journal of Economic Perspectives, 15(4):101–115, 2001.CrossRefGoogle Scholar
Stock, James H. and Watson, Mark W.. Identification and estimation of dynamic causal effects in macroeconomics using external instruments. Economic Journal, 128(610):917–948, 2018.CrossRefGoogle Scholar
Stock, James H. and Yogo, Motohiro. Testing for weak instruments in linear IV regression. In Andrews, Donald W. K., editor, Identification and Inference for Econometric Models, pages 80–108. Cambridge University Press, New York, 2005.CrossRefGoogle Scholar
Stoker, Thomas M. Empirical approaches to the problem of aggregation over individuals. Journal of Economic Literature, 31:1827–1874, 1993.Google Scholar
Strassner, Erich H., Medeiros, Gabriel W., and Smith, George M.. Annual industry accounts: Introducing KLEMS input estimates for 1997–2003. Survey of Current Business, pages 31–65, September 2005.Google Scholar
Strongin, Steven. The identification of monetary policy disturbances: Explaining the liquidity puzzle. Journal of Monetary Economics, 35(3):463–497, 1995.CrossRefGoogle Scholar
Summers, Lawrence H. Investment Incentives and the Discounting of Depreciation Allowances, pages 295–304. University of Chicago Press, Chicago, 1987.Google Scholar
Temin, Peter. Lessons from the Great Depression. MIT Press, Cambridge, MA, 1989.Google Scholar
Tobin, James. Money and income: Post hoc ergo propter hoc? The Quarterly Journal of Economics, 84(2):301–317, 1970.CrossRefGoogle Scholar
Tobin, James. Inflation and unemployment. American Economic Review, 62(1/2):1–18, 1972.Google Scholar
Tobin, James. Price flexibility and output stability: An old Keynesian view. Journal of Economic Perspectives, 7(1):45–65, 1993.CrossRefGoogle Scholar
Trimbur, Thomas M. and McElroy, Tucker S.. Modelled approximations to the ideal filter with application to GDP and its components. The Annals of Applied Statistics, 16(2):627–651, 2022.CrossRefGoogle Scholar
Veracierto, Marcelo. Worker flows and matching efficiency. Federal Reserve Bank of Chicago Economic Perspectives, 35(4):147–169, 2011.Google Scholar
Wang, Pengfei, Wen, Yi, and Xu, Zhiwei. What inventories tell us about aggregate fluctuations –a tractable approach to (S,s) policies. Journal of Economic Dynamics and Control, 44:196–217, 2014.CrossRefGoogle Scholar
Watson, Mark W. Univariate detrending methods with stochastic trends. Journal of Monetary Economics, 18:49–75, 1986.CrossRefGoogle Scholar
Watson, Mark W. Inflation persistence, the NAIRU, and the Great Recession. American Economic Review, 104(5):31–36, 2014.CrossRefGoogle Scholar
Wen, Yi. Understanding the inventory cycle. Journal of Monetary Economics, 52(8):1533–1555, 2005.CrossRefGoogle Scholar
Woodford, Michael. Interest and Prices: Foundations of a Theory of Monetary Policy. Princeton University Press, Princeton, 2003.Google Scholar
Woodford, Michael. Simple analytics of the government expenditure multiplier. American Economic Journal: Macroeconomics, 3 (1):1–35, 2011.Google Scholar
Working, Holbrook. Note on the correlation of first differences of averages in a random chain. Econometrica, 28(4):916–918, 1960.CrossRefGoogle Scholar
Yun, Tack. Nominal price rigidity, money supply endogeneity, and business cycles. Journal of Monetary Economics, 37(2):345–370, 1996.CrossRefGoogle Scholar
Zambelli, Stefano. A rocking horse that never rocked: Frisch’s “Propagation problems and impulse problems”. History of Political Economy, 39(1):145–166, 2007.CrossRefGoogle Scholar
Zwick, Eric and Mahon, James. Tax policy and heterogeneous investment behavior. American Economic Review, 107(1):217–48, 2017.CrossRefGoogle Scholar

Save book to Kindle

To save this book to your Kindle, first ensure no-reply@cambridge.org is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

  • Bibliography
  • Jeremy B. Rudd
  • Book: A Practical Guide to Macroeconomics
  • Online publication: 28 March 2024
  • Chapter DOI: https://doi.org/10.1017/9781009465779.016
Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

  • Bibliography
  • Jeremy B. Rudd
  • Book: A Practical Guide to Macroeconomics
  • Online publication: 28 March 2024
  • Chapter DOI: https://doi.org/10.1017/9781009465779.016
Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • Bibliography
  • Jeremy B. Rudd
  • Book: A Practical Guide to Macroeconomics
  • Online publication: 28 March 2024
  • Chapter DOI: https://doi.org/10.1017/9781009465779.016
Available formats
×