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Working Paper
A simple estimator of cointegrating vectors in higher order integrated systems
Watson, Mark W.; Stock, James H.
(1991)
Working Paper Series, Macroeconomic Issues
, Paper 91-3
Working Paper
Barriers to trade and union wage dynamics
Rissman, Ellen R.
(1992)
Working Paper Series, Macroeconomic Issues
, Paper 92-22
Working Paper
Sectoral Solow residuals
Burnside, Craig; Rebelo, Sergio; Eichenbaum, Martin S.
(1995)
Working Paper Series, Macroeconomic Issues
, Paper 95-15
Working Paper
Money, sticky wages, and the Great Depression
Bordo, Michael D.; Evans, Charles L.; Erceg, Christopher J.
(1997)
This paper examines the ability of a simple stylized general equilibrium model that incorporates nominal wage rigidity to explain the magnitude and persistence of the Great Depression in the United States. The impulses to our analysis are money supply shocks. The Taylor contracts model is surprisingly successful in accounting for the behavior of major macroaggregates and real wages during the downturn phase of the Depression, i.e., from 1929:3 through mid-1933. Our analysis provides support for the hypothesis that a monetary contraction operating through a sticky wage channel played a ...
Working Paper Series, Macroeconomic Issues
, Paper WP-97-02
Working Paper
Seasonality and equilibrium business cycle theories
Evans, Charles L.; Braun, R. Anton
(1991)
Working Paper Series, Macroeconomic Issues
, Paper 91-23
Working Paper
Identification of inflation-unemployment tradeoffs in the 1970s
McCallum, Bennett T.
(1994)
Working Paper Series, Macroeconomic Issues
, Paper 94-16
Working Paper
Some empirical evidence on the effects of monetary policy shocks on exchange rates
Evans, Charles L.; Eichenbaum, Martin S.
(1992)
Working Paper Series, Macroeconomic Issues
, Paper 92-32
Working Paper
Money, income, prices and interest rates after the 1980s
Kuttner, Kenneth N.; Friedman, Benjamin M.
(1990)
Working Paper Series, Macroeconomic Issues
, Paper 90-11
Working Paper
Unit roots in real GNP: do we know, and do we care?
Christiano, Lawrence J.; Eichenbaum, Martin S.
(1990)
Working Paper Series, Macroeconomic Issues
, Paper 90-2
Working Paper
Lessons from the Japanese main bank system for financial system reform in Poland
Hoshi, Takeo; Loveman, Gary W.; Kashyap, Anil K.
(1993)
Working Paper Series, Macroeconomic Issues
, Paper 93-6
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