Michael Rafferty , Elizabeth Ramey, Bruce Robert s, David F. Ruccio, Alfredo Saad . 0000000016 00000 n Home Manifesto About Us Data Sets Feedback? 0000007254 00000 n A. Mian, A. Sufi. Subscribe. 11 offers from $40.00. %%EOF 0000000676 00000 n ), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 71-162, Elsevier. HWn}WS0/bvb+$CsNs"akHyNs?/#}n}xX3Oj7QEQV [#;KOqU7{vKe0; He is also the director of Stanford's Introductory Economics Center. 0 Automobile Industry, Is the Technology-Driven Real Business Cycle Hypothesis Dead? Hardcover. The Role of House Prices and Household Debt - A. Mian, A. Sufi 6. DFL B30 d ]W82&|4VRHM UPRRRV LO;PS3-ILt>>`=TMPdzN(`x(fnzr; ls$5)^?S=`Vj[u$ qj~07X5,-9~eo`AazrGoB:g4"RoO^$dH_m&*1lqJ$YDpmh]Ti,NXVab RL M@sIShfHm`%4yi=P[%oa=]v@H;Tuvk*XF1[2-_j|E u| "D:pf !Cxvq iVqARzx3Y7P"+O+__.GNHo 2.k[i?h#SGO$}$Doeka"8j06,?(4i}'~ _Uj&yw;ZS m$/XcM*Wb [KW4%D@vbPDUoB<1?NMJ`9|5`Q(`|!r Rw B'sV9fm+.ao*I75'g+aDA!F3l]{iOk=7r 9+YZ^4.jps 0#R^ Hamilton 4. NO: 5 v. ISBN::978--444-59466-2 (Vol. This property is not currently available for sale. Handbook Of Macroeconomics, Volume 1a [PDF] [3367q5b2pj1g]. This chapter reviews and synthesizes our current understanding of the shocks that drive economic fluctuations. xref 0000010321 00000 n 95 19 Rent or buy Handbook of Macroeconomics - 9780444501578. Their benchmark model used a particular form of the Cholesky . Next page. Her work carried out in the field of Fiscal multiplier brings together such families of science as Variety, Capital and General equilibrium theory. Macroeconomic Regimes and Regime Shifts - J.D. How Important is the Credit Channel in the Transmission of Monetary Policy? GET EXCLUSIVE OFFERS. Special Offers Email Address Field. Les avis ne sont pas valids, mais Google recherche et supprime les faux contenus lorsqu'ils sont identifis, Serves a double role as a textbook for macroeconomics courses and as a gateway for students to the latest research, Acts as a one-of-a-kind resource as no major collections of macroeconomic essays have been published in the last decade. Displaced Capital: A Study of Aerospace Plant Closings, The Cost Channel of Monetary Transmission, Market Responses to Interindustry Wage Differentials, Costly Capital Reallocation and the Effects of Government Spending, Cross Country Evidence on the Link between Volatility and Growth, Data on Cross-Country Volatility and Growth, Foreign Competition, Market Power and Wage Inequality, Liquidity Constraints and Intertemporal Consumer Optimization: Theory and Evidence from Durable Goods, Time Series Evidence on the Sources of Trends in Wage Inequality. endstream endobj startxref NBER Studies in Income and Wealth, Volume 77. Ramey, V.A. Edited by JOHN B. TAYLOR Stanford University Stanford, CA, United States HARALD UHLIG University of Chicago Chicago, IL, United States North-Holland is an imprint of Elsevier North-Holland is an imprint of Elsevier Radarweg 29, PO Box 211, 1000 AE Amsterdam, The Netherlands The Boulevard, Langford . He received the Truman Medal for Economic Policy for extraordinary contribution to the formation and conduct of economic policy, the Bradley Prize for his economic research and policy achievements, the Adam Smith Award from the National Association for Business Economics, the Alexander Hamilton Award and the Treasury Distinguished Service Award for his policy contributions at the US Treasury, and the Medal of the Republic of Uruguay for his work in resolving the 2002 financial crisis. The chapter begins with an illustration of the problem of identifying macroeconomic shocks, followed by an overview of the . This handbook aims to provide a survey of the stet of knowledge in the broad area that includes the theories and facts of economic growth and economic fluctuations, as well as the consequences of monetary conditions. . hb```"f ,` 8`|!8MyWTxrYS84E-m5^/v1|!VPEDIG;J)xgl?C )u1}n)v=!Ixu_QZ|3EQ0KCG%Nu!3 z;\%*vl1PR9eJsN2"N endstream endobj 96 0 obj<>/Metadata 11 0 R/PieceInfo<>>>/Pages 10 0 R/PageLayout/OneColumn/OCProperties<>/StructTreeRoot 13 0 R/Type/Catalog/LastModified(D:20110222100458)/PageLabels 8 0 R>> endobj 97 0 obj<>/PageElement<>>>/Name(HeaderFooter)/Type/OCG>> endobj 98 0 obj<>/Font<>/ProcSet[/PDF/Text]/Properties<>/ExtGState<>>>/Type/Page>> endobj 99 0 obj<> endobj 100 0 obj<> endobj 101 0 obj[/ICCBased 110 0 R] endobj 102 0 obj<> endobj 103 0 obj<> endobj 104 0 obj<> endobj 105 0 obj<>stream Taylor was awarded the Hoagland Prize and the Rhodes Prize by Stanford University for excellence in undergraduate teaching and the Stanford Economics Department Distinguished Faculty Teaching Award. His research focuses on macroeconomics, monetary economics and international economics. Handbook of Macroeconomics. 0000001370 00000 n 0000003427 00000 n Handbook of MACROECONOMICS Volume 2A Edited by JOHN B. TAYLOR Stanford University Stanford, CA, United States . University of Chicago Press, 2019. endstream endobj 350 0 obj <> endobj 351 0 obj <>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI]>>/Rotate 0/Type/Page>> endobj 352 0 obj <>stream Ramey, V. A. Chapter 5 - Who Bears the Cost of Recessions? %%EOF Their insights shifted the focus of research from developing mechanisms to support a metronomic view of business cycles, in which each boom created conditions leading to the next bust, to a search for the sources of the random shocks. Valerie Ann Ramey: current contact information and listing of economic research of this author provided by RePEc/IDEAS . Handbook of macroeconomicsedited by John B. Taylor and Michael Woodford: LC Classification: E-BOOK2017 Publication Statement: Amsterdam, The Netherlands ; New York: North-Holland : Elsevier, 2017 Page. 354 0 obj <>/Filter/FlateDecode/ID[<41EF33B16FCECBEF8AF9CBAB59A71E89><660B8154B1A52A48A71F45E251DB9FBD>]/Index[349 8]/Info 348 0 R/Length 43/Prev 552501/Root 350 0 R/Size 357/Type/XRef/W[1 2 0]>>stream N5nd vcO+pt. .B_#yE$0v)6YrMluzEK{TVa6y>Hfv*D;;`9gXN&SA. 0 Consumption / Orazio P. Attanasio ; Aggregate investment / Ricardo J. Caballero ; Inventories / Valerie A. Ramey and Kenneth D. West ; Resuscitating real business cycles / Robert G. King and Sergio T. Rebelo ; Staggered price and wage setting in macroeconomics / John B. Taylor ; The cyclical behavior of prices and costs / Julio J. Rotemberg and . As a part of the master's degree programme, it is possible to . Macroeconomic Effects of Fiscal Consolidation", Discussion of Nick Bloom "The Impact of Uncertainty Shocks: Firm Level Estimation and a 9/11 Simulation". %%EOF Charles R. Hulten and Valerie A. Ramey, eds. Handbook of Macroeconomics Volumes 2A and 2B surveys major advances in macroeconomic scholarship since the publication of Volume 1 (1999), carefully distinguishing between empirical, theoretical, methodological, and policy issues, including fiscal, monetary, and regulatory policies to deal with crises, unemployment, and economic growth. endstream endobj 98 0 obj <. 1231: 2016: Government spending multipliers in good times and in bad: evidence from US historical data. Handbook of MACROECONOMICS Volume 2A. trailer Declining Volatility in the U.S. Working Paper 21978. cEH+&vnu D=n %PDF-1.6 % "Big G", Discussion of Guren, McKay, Nakamura, Steinsson "What Do We Learn from Cross-Sectional Empirical Estimates in Macroeconomics? Handbook of Macroeconomics surveys all major advances in macroeconomic scholarship since the publication of Volume 1 (1999), carefully distinguishing between empirical, theoretical,. Two New Monthly Measures of Oil Shocks that Account for Non-Price Rationing (extended from 1959m1-2012m1), Measures of Per Capita Hours and Their Implications for the Technology-Hours Debate, Latest BLS data on quarterly total hours and employment, Annual Data on Work, Home Production, Schooling and Leisure by Demographic Group, 1900-2005, Update through 2012 of hours spent in home production and market work for prime age groups, Time Spent in Home Production in the 20th Century United States, Annual Data on Home Production by Key Group, 1900 - 2000. Chapter Chapter 2 in Handbook of Macroeconomics, 2016, vol. Between 2001 and 2005 he served as . Download PDF. Beta. Winner of the "Best Paper Prize". When requesting a correction, please mention this item's handle: RePEc:eee:maches:2.See general information about how to correct material in RePEc.. For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or . Corrections. M. Aguiar, E. Hurst. Search, read and download over 200 million research papers for free. I wish to thank John Cochrane, Marco Del Negro, Graham Elliott, Neville Francis, Marc Giannoni, Robert Hall, Arvind Krishnamurthy, Karel Mertens, . Description This text aims to provide a survey of the state of knowledge in the broad area that includes the theories and facts of economic growth and economic fluctuations, as well as the consequences of of monetary and fiscal policies for general economic conditions. Can Government Purchases Stimulate the Economy? 0000003350 00000 n Issue Date February 2016. John Taylor, Harald Uhlig, Mark Watson, Johannes Wieland, and participants at the Stanford Handbook of Macro conference and NBER Monetary Economics conference for very helpful . ISSN: 1574-0048. RENT TEXTBOOKS; BUY TEXTBOOKS; eTEXTBOOKS; Evidence from 20th Century Historical Data, The Impact of Hours Measures on the Trend and Cycle Behavior of Labor Productivity. ), Handbook of Macroeconomics (Vol. invaluable resource for students, researchers, and policy . Taylor received a BA in economics summa cum laude from Princeton and a PhD in economics from Stanford. ", "Anticipations in Macro: The Importance of Salience, Comprehensibility, and Actionability", Discussion of Popp et al. Each topic is covered by a leading internatioal expert specially commissioned to address the methodological problems of undertaking empirical work in economics. Valerie Ramey Ch Chapter 20 Term Structure of Uncertainty in the Macroeconomy Jaroslav Borovika and Lars Hansen Ch Chapter 21 Quantitative Models of Sovereign Debt Crises M. Aguiar, Satyajit Chatterjee, Harold Cole and Zachary Stangebye Ch Chapter 22 RBC Methodology and the Development of Aggregate Economic Theory Edward Prescott By Valerie A. Ramey February 22, 2011 I have recently noticed much confusion among recruitment candidates and junior professors in the macroeconomics profession about the search and matching - real business cycle literature. Handbook of macroeconomics 2, 71-162, 2016. Macroeconomic Shocks and Their Propagation - V. A. Ramey 3. Selected Discussions, Keynote Speeches, and Book Reviews, Micro MPCs and Macro Counterfactuals: The Case of the 2008 Rebates, The Macroeconomic Consequences of Infrastructure Investment, The Cyclical Behavior of the Price-Cost Markup, November 2013 version (contains industry-level results). Corrections. 513: 2013: The rug rat race. Handbook of Macroeconomics, Volume 1b de Taylor, John B. en Iberlibro.com - ISBN 10: 0444501576 - ISBN 13: 9780444501578 - North Holland - 1999 - Tapa dura 0000001528 00000 n Born 14 October 1896, Waynesboro, MS. The widely-cited first volume of the Handbook of Macroeconomics was published in 1999 and according to the Research Papers in Economics (RePEc) is ranked first among all economics books downloaded. Dynamic Economics," revolutionized the study of business cycles. handbook of macroeconomics. 1, pp. Valerie A. Ramey, 2016. In particular, these researchers seem to be unaware of what was accomplished by the literature in the 1990s. (&~ }Z,k{1P2ksYMX+ 5L^R;rEGu*ea_HL$s;ka',=j eyq8nY _ )`/oo>,_.9=n(8""j 9S/jNm}1q08nDf%3Ie.{T 5UAF&";!& .lW3@tS, UYc&qDgqC%Hm$FGN[E H81o(PYu;qTkyNN4Fd%;C'T\[0Ey xb```b``a`a`` @1RGW5s++YM i @3 $*20\>vU^|`iF,7f7!"` X4 by ; in photography workshops october 2022; on October 11, 2022; 0 . It courageously examines why existing models failed during the financial crisis, and also addresses well-deserved criticism head on. About the Author. VRUR2rTLMbAFA ! xbbbg`b``a Dutch Elsevier. This chapter reviews and synthesizes our current understanding of the shocks that drive economic fluctuations. hbbd```b``"HF#LOA$B% Xnz r/ ._ "maL9Vy *Ramey, Valerie A., "Macroeconomic Shocks and Their Propagation," Handbook of Macroeconomics, 2016, Section 4. 394 Ramey Rd, New Berlin, NY 13411 is a 4 bedroom, 1 bathroom, 1,800 sqft single-family home built in 1980. Time Use Across Ethnic Groups, Identifying Government Spending Shocks: It's All in the Timing, Stata program for VARs using Ramey-Shapiro dates, Stata program for VARs using news series 1939-2008, Stata program for VARs using Survey of Professional Forecaster Shocks, Industry Evidence on the Effects of Government Spending. 0000006516 00000 n Government Spending Multipliers in Good Times and in Bad: Evidence from U.S. MT Owyang, VA Ramey, S Zubairy. Chp13. Chapter 12: Conditional heteroskedasticity in macroeconomics data: UK inflation, output growth and their uncertainties. John B. Taylor is the Mary and Robert Raymond Professor of Economics at Stanford University and the George P. Shultz Senior Fellow in Economics at Stanfords Hoover Institution. It contains corrections, clarifications, revised thinking on several issues, as well as a summary of a few key new results that have emerged in the literature. B. Taylor & Harald Uhlig (ed. handbook of macroeconomics. Editorial Reviews . This property is not currently available for sale. He served as co-editor of Econometrica from 2006 to 2010 and as editor of the Journal of Political Economy since 2012 (head editor since 2013). Handbook of Macroeconomics surveys all major advances in macroeconomic scholarship since the publication of Volume 1 (1999), carefully distinguishing between empirical, theoretical, methodological, and policy issues. Ten Years After the Financial Crisis: What Have We Learned from the Renaissance in Fiscal Research? Providing a major new survey of the latest and most important new developments in applied econometrics, this volume focuses on key topics in macroeconomics. How Much has Leisure Really Increased Since 1965? 95 0 obj <> endobj 2, pp 71-162 from Elsevier. Prepared for the Handbook of Macroeconomics. 122 0 obj <>/Filter/FlateDecode/ID[<037384147E0F3343903994B99E4B2B59><8CC3022928BB634EB4646F68D9406584>]/Index[97 42]/Info 96 0 R/Length 118/Prev 230800/Root 98 0 R/Size 139/Type/XRef/W[1 3 1]>>stream @R `>|-2 j|"j:>m 5@>JA @j3 l>BF|8:888:X::Ae -::4:@ ,T7 9P)( K64(AX37BJvJ9xY5 y`@ -9 3 Shocks and Aggregate Fluctuations Revisited, Tracking the Source of the Decline OA.mg. Chrome Extension Contact. Help DESK ; Book Details Search Bar Find Books referenceid=1722911 '' > Handbook of Macroeconomics Vol grade Private Identifying macroeconomic shocks, followed by an overview of the U.S. Economy: How Much Have Really. Of Recessions Woodford ( Eds Universitt Berlin, pages 71-162, Elsevier Real and Nominal Inventory-Sales Have Ye $ 0v ) 6YrMluzEK { TVa6y > Hfv * D ; ; ` &! Measures on the Handbook of Macroeconomics, in: J, July 2009 interests And authors the theories and facts o & amp ; M. Woodford ( Eds of. 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