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mybibfile.bib
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% This file was created with JabRef 2.10.
% Encoding: Cp1252
@TechReport{BMP2015,
Title = {Does austerity pay off?},
Author = {Benjamin Born and Gernot J. M\"uller and Johannes Pfeifer},
Year = {2015},
Number = {10425},
Type = {CEPR Discussion Paper},
Owner = {JP},
Timestamp = {2015.04.21}
}
@Article{BornPfeifer2014JME,
Title = {Policy risk and the business cycle},
Author = {Benjamin Born and Johannes Pfeifer},
Journal = {Journal of Monetary Economics},
Year = {2014},
Pages = {68-85},
Volume = {68},
Owner = {Pfeifer},
Timestamp = {2015.04.21}
}
@Article{Fernandez2007,
Title = {{ABCs (and Ds) of Understanding VARs}},
Author = {Jesus Fernandez-Villaverde and Juan F. Rubio-Ramirez and Thomas J. Sargent and Mark W. Watson},
Journal = {American Economic Review},
Year = {2007},
Number = {3},
Pages = {1021--1026},
Volume = {97},
Owner = {Administrator},
Timestamp = {2012.07.26}
}
@Article{GHH1988,
Title = {Investment, Capacity Utilization, and the Real Business Cycle},
Author = {Greenwood, Jeremy and Hercowitz, Zvi and Huffman, Gregory W.},
Journal = {American Economic Review},
Year = {1988},
Number = {3},
Pages = {402-17},
Volume = {78},
Owner = {JP},
Timestamp = {2012.07.26}
}
@Article{Greenwood2000,
Title = {The role of investment-specific technological change in the business cycle},
Author = {Greenwood, Jeremy and Hercowitz, Zvi and Krusell, Per},
Journal = {European Economic Review},
Year = {2000},
Number = {1},
Pages = {91-115},
Volume = {44},
Owner = {JP},
Timestamp = {2012.07.26}
}
@Article{Greenwood1997,
Title = {Long-run implications of investment-specific technological change},
Author = {Greenwood, Jeremy and Hercowitz, Zvi and Krusell, Per},
Journal = {American Economic Review},
Year = {1997},
Number = {3},
Pages = {342-362},
Volume = {87},
Owner = {JP},
Timestamp = {2012.07.26}
}
@Electronic{Krugman2012,
Title = {Bleeding the Patient: A Drama},
Author = {Paul Krugman},
Month = {12},
Organization = {The New York Times},
Url = {http://krugman.blogs.nytimes.com/2012/12/14/bleeding-the-patient-a-drama/},
Year = {2012},
Owner = {Johannes},
Urldate = {2012-12-16}
}
@InCollection{SGU2005,
Title = {Optimal Fiscal and Monetary Policy in a Medium-Scale Macroeconomic Model},
Author = {Schmitt-Groh{\'e}, Stephanie and Uribe, Mart{\'i}n},
Booktitle = {{NBER Macroeconomics Annual 2005}},
Year = {2006},
Editor = {Mark Gertler and Kenneth Rogoff},
Pages = {383-462},
Volume = {20},
Owner = {JP},
Timestamp = {2012.07.26}
}
@Article{SGU2011,
Title = {Business Cycles With A Common Trend in Neutral and Investment-Specific Productivity},
Author = {Schmitt-Groh{\'e}, Stephanie and Uribe, Mart{\'i}n},
Journal = {Review of Economic Dynamics},
Year = {2011},
Number = {1},
Pages = {122-135},
Volume = {14},
Owner = {JP},
Timestamp = {2012.07.26}
}
@TechReport{SGU2009,
Title = {What's News in Business Cycles},
Author = {Schmitt-Groh{\'e}, Stephanie and Uribe, Mart{\'i}n},
Year = {2008},
Number = {14215},
Type = {NBER Working Papers},
Owner = {JP},
Timestamp = {2012.07.26}
}
@Article{SGU2004,
Title = {Solving dynamic general equilibrium models using a second-order approximation to the policy function},
Author = {Schmitt-Groh{\'e}, Stephanie and Uribe, Mart{\'i}n},
Journal = {Journal of Economic Dynamics and Control},
Year = {2004},
Number = {4},
Pages = {755-775},
Volume = {28},
Owner = {JP},
Timestamp = {2012.07.26}
}
@Article{SGU2004JET,
Title = {Optimal fiscal and monetary policy under sticky prices},
Author = {Schmitt-Groh{\'e}, Stephanie and Uribe, Mart{\'i}n},
Journal = {Journal of Economic Theory},
Year = {2004},
Number = {2},
Pages = {198-230},
Volume = {114},
Abstract = {This paper studies optimal fiscal and monetary policy under sticky product prices. The theoretical framework is a stochastic production economy without capital. The government finances an exogenous stream of purchases by levying distortionary income taxes, printing money, and issuing one-period nominally risk-free bonds. The main findings of the paper are: First, for a miniscule degree of price stickiness (i.e., many times below available empirical estimates) the optimal volatility of inflation is near zero. This result stands in stark contrast with the high volatility of inflation implied by the Ramsey allocation when prices are flexible. The finding is in line with a recent body of work on optimal monetary policy under nominal rigidities that ignores the role of optimal fiscal policy. Second, even small deviations from full price flexibility induce near random walk behavior in government debt and tax rates, as in economies with real non-state-contingent debt only. Finally, sluggish price adjustment raises the average nominal interest rate above the one called for by the Friedman rule.<P>(This abstract was borrowed from another version of this item.)},
Url = {http://ideas.repec.org/a/eee/jetheo/v114y2004i2p198-230.html}
}
@Article{Smith2006,
Title = {Japan's Phillips Curve Looks Like Japan},
Author = {Gregor W. Smith},
Journal = {Journal of Money, Credit and Banking},
Year = {2008},
Number = {6},
Pages = {1325-1326},
Volume = {40},
Abstract = {During the past 15 years Japan has experienced unprecedented, high unemployment rates and low (often negative) inflation rates. This research shows that these outcomes were predictable as part of a stable, readily recognized Phillips curve. Copyright (c) 2008 The Ohio State University.},
Url = {http://ideas.repec.org/a/mcb/jmoncb/v40y2008i6p1325-1326.html}
}
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