Details about Paul Beaudry

E-mail:
Homepage:	http://www.econ.ubc.ca/beaudry/homepage.htm
Phone:	604-822-8624
Postal address:	Department of Economics, UBC 1873 East Mall, Vancouver, BC, Canada, V6T 1Z1
Workplace:	Vancouver School of Economics, University of British Columbia, (more information at EDIRC) National Bureau of Economic Research (NBER), (more information at EDIRC)

Access statistics for papers by Paul Beaudry.

Last updated 2013-06-10. Update your information in the RePEc Author Service.

Short-id: pbe35

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Working Papers

2013

1. Spatial Equilibrium with Unemployment and Wage Bargaining: Theory and Estimation
   NBER Working Papers, National Bureau of Economic Research, Inc
2. The Great Reversal in the Demand for Skill and Cognitive Tasks
   NBER Working Papers, National Bureau of Economic Research, Inc

2012

3. A gains from trade perspective on macroeconomic fluctuations
   ZEW Discussion Papers, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2011)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2011)
4. Do Male-Female Wage Differentials Reflect Differences in the Return to Skill? Cross-City Evidence From 1980-2000
   NBER Working Papers, National Bureau of Economic Research, Inc

2011

5. Do Mood Swings Drive Business Cycles and is it Rational?
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
   Also in Globalization and Monetary Policy Institute Working Paper, Federal Reserve Bank of Dallas (2011)

2010

6. How Much Is Employment Increased by Cutting Labor Costs? Estimating the Elasticity of Job Creation
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)

2009

7. Letting Different Views about Business Cycles Compete
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (27)
   See also Chapter (2010)
8. Modeling News-Driven International Business Cycles
   TSE Working Papers, Toulouse School of Economics (TSE)
   See also Journal Article in Review of Economic Dynamics (2011)
9. News Driven Business Cycles in Heterogenous Agents Economies
   2009 Meeting Papers, Society for Economic Dynamics
10. Risk Allocation, Debt Fueled Expansion and Financial Crisis
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)

2007

11. Spill-Overs from Good Jobs
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
12. The Economics of Inefficient Technology Use
    NBER Working Papers, National Bureau of Economic Research, Inc
13. The International Propagation of News Shocks
    2007 Meeting Papers, Society for Economic Dynamics View citations (5)
14. When can Changes in Expectations Cause Business Cycle Fluctuations in Neo-Classical Settings?
    Open Access publications from University of Toulouse 1 Capitole, University of Toulouse 1 Capitole View citations (27)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2004) View citations (6)
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse (2004) View citations (6)
    NBER Working Papers, National Bureau of Economic Research, Inc (2004) View citations (21)
    See also Journal Article in Journal of Economic Theory (2007)

2006

15. Endogenous Skill Bias in Technology Adoption: City-Level Evidence from the IT Revolution
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (16)
    Also in Working Paper Series, Federal Reserve Bank of San Francisco (2006) View citations (10)
16. Globalization, Returns to Accumulation and the World Distribution of Output
    Open Access publications from University of Toulouse 1 Capitole, University of Toulouse 1 Capitole View citations (2)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2004)
    See also Journal Article in Journal of Monetary Economics (2006)
17. Gold Rush Fever in Business Cycles
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (14)
    Also in 2006 Meeting Papers, Society for Economic Dynamics (2006) View citations (8)
    See also Journal Article in Journal of Monetary Economics (2011)
18. Stock Prices, News and Economic Fluctuations
    Open Access publications from University of Toulouse 1 Capitole, University of Toulouse 1 Capitole View citations (56)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2004) View citations (30)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2003) View citations (9)
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse (2003) View citations (60)
    See also Chapter (2004)
    Journal Article in American Economic Review (2006)
19. Taxes and Employment Subsidies in Optimal Redistribution Programs
    The Warwick Economics Research Paper Series (TWERPS), University of Warwick, Department of Economics View citations (10)
    Also in UBC Departmental Archives, UBC Department of Economics (1997)
    NBER Working Papers, National Bureau of Economic Research, Inc (1998) View citations (11)
    The Warwick Economics Research Paper Series (TWERPS), University of Warwick, Department of Economics (2004) View citations (7)
    See also Journal Article in American Economic Review (2009)
20. Taxes and Employment Subsidies in Optimal Redistribution Programs (Revised Version)
    The Warwick Economics Research Paper Series (TWERPS), University of Warwick, Department of Economics View citations (3)

2005

21. Changes in the World Distribution of Output per Worker, 1960-1998: How a Standard Decomposition Tells an Unorthodox Story
    Open Access publications from University of Toulouse 1 Capitole, University of Toulouse 1 Capitole View citations (1)
    See also Journal Article in The Review of Economics and Statistics (2005)
22. Demographics and Recent Productivity Performance: Insights from Cross-Country Comparisons
    Open Access publications from University of Toulouse 1 Capitole, University of Toulouse 1 Capitole View citations (7)
    See also Journal Article in Canadian Journal of Economics (2005)
23. Managerial Skill Acquisition and the Theory of Economic Development
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
    See also Journal Article in Review of Economic Studies (2010)
24. Stock Prices, Total Factor Productivity and Economic Fluctuations; Some Further Evidence from Japanese and U.S. Sectoral Data
    2005 Meeting Papers, Society for Economic Dynamics
25. The "News" View of Economic Fluctuations: Evidence from Aggregate Japanese Data and Sectoral U.S. Data
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (10)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2005) View citations (7)
    See also Journal Article in Journal of the Japanese and International Economies (2005)

2004

26. An Exploration into Pigou's Theory of Cycles
    Open Access publications from University of Toulouse 1 Capitole, University of Toulouse 1 Capitole View citations (54)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2001) View citations (10)
    See also Journal Article in Journal of Monetary Economics (2004)
27. Changes in the world distribution of output-per-worker 1960-98: how a standard decomposition tells an unorthodox story
    IFS Working Papers, Institute for Fiscal Studies
    Also in IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse (2003)
28. When Can Changes in Expectations Cause Business Cycle Fluctuations?
    2004 Meeting Papers, Society for Economic Dynamics View citations (18)

2003

29. Globalization, Gains from Specialization and the World Distribution of Output
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse
30. Recent Technological and Economic Change among Industrialized Countries: Insights from Population Growth
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse View citations (3)
    See also Journal Article in Scandinavian Journal of Economics (2003)
31. The Employment-Productivity Tradeoff around the 1980s: A Case for Medium Run Theory
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse

2002

32. Changes in U.S. Wages 1976-2000: Ongoing Skill Bias or Major Technological Change?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (9)
    See also Journal Article in Journal of Labor Economics (2005)
33. Data Appendix to The French Depression in the 1930s
    Technical Appendices, Review of Economic Dynamics View citations (3)
    See also Journal Article in Review of Economic Dynamics (2002)
34. Decomposing the Twin-peaks in the World Distribution of Output-per-worker
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
35. Why has the Employment-Productivity Tradeoff among Industrialized Countries been so strong?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (18)

2001

36. Population Growth, Technological Adoption and Economic Outcomes: A Theory of Cross-Country Differences for the Information Era
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)

2000

37. Recent Technological Progress and Wage-Employment Trade-Offs: Learning from the US and German Experiences
    UBC Departmental Archives, UBC Department of Economics
38. The Changing Structure of Wages in the US and Germany: What Explains the Differences?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (21)
39. What Happened to the Phillips Curve in the 1990s in Canada
    Staff General Research Papers, Iowa State University, Department of Economics View citations (6)

1999

40. Evolution of the Female Labour Force Participation Rate in Canada, 1976-1994
    CIRANO Project Reports, CIRANO View citations (3)
41. Is it Harmful to Allow partial Cooperation ?
    Working Papers, Centre de Recherche en Economie et Statistique
    See also Journal Article in Scandinavian Journal of Economics (2000)
42. What Is Happening in the Youth Labour Market in Canada?
    CIRANO Working Papers, CIRANO View citations (4)
    See also Journal Article in Canadian Public Policy (2000)

1998

43. L'évolution du taux d'activité des femmes au Canada, 1976-1994: Une analyse de cohortes
    CIRANO Working Papers, CIRANO
44. What is Driving US and Canadian Wages: Exogenous Technical Change or Endogenous Choice of Technique?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (25)

1997

45. Cohort Patterns in Canadian Earnings: Assessing the Role of Skill Premia in Inequality Trends
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (24)
    See also Journal Article in Canadian Journal of Economics (2000)
46. Taxes and employment subsidies in an optimal redistribution program
    CEPREMAP Working Papers (Couverture Orange), CEPREMAP View citations (2)

1996

47. Exploring General Equilibrium Implications of Skill-Based Technological Change
    UBC Departmental Archives, UBC Department of Economics
48. Monetary Instability, the Predictability of Prices and the Allocation of Investment: An Empirical Investigation Using UK Panel Data
    Boston College Working Papers in Economics, Boston College Department of Economics
    Also in UBC Departmental Archives, UBC Department of Economics (1996)
    See also Journal Article in American Economic Review (2001)
49. The Cost of Business Cycles and the Stabilization Value of Unemployment Insurance
    UBC Departmental Archives, UBC Department of Economics
    See also Journal Article in European Economic Review (2001)

1995

50. Towards an Endogenous Propagation Theory of Business Cycles
    UBC Departmental Archives, UBC Department of Economics

1994

51. Trends and Cycle Variations in the Cross-Sectional Distribution of Debt for U.K. Companies: Some Stylized Facts
    Boston College Working Papers in Economics, Boston College Department of Economics

1993

52. Contract Renegotiation: A Simple Framework and Implications for Organization Theory
    Cahiers de recherche, Centre interuniversitaire de recherche en économie quantitative, CIREQ
    See also Journal Article in Canadian Journal of Economics (1995)
53. Estinating the Effects of Monetary Shocks: An Evaluation of Different Approaches
    UBC Departmental Archives, UBC Department of Economics
    See also Journal Article in Journal of Monetary Economics (1998)
54. Monopolistic Competition, Price Setting and the Effcts of Real and Monetary Shocks
    UBC Departmental Archives, UBC Department of Economics

1992

55. Alternative Specifications for Consumption and the Estimation of the Intertemporal Elasticity of Substitution
    Working Papers, Boston University - Department of Economics View citations (5)
    Also in Discussion Paper / Institute for Empirical Macroeconomics, Federal Reserve Bank of Minneapolis (1992) View citations (4)
56. Le role du collateral dans le report des investissements en presence d'asymetries d'information
    Cahiers de recherche, Universite de Montreal, Departement de sciences economiques View citations (1)
    Also in Cahiers de recherche, Centre interuniversitaire de recherche en économie quantitative, CIREQ (1992)
    See also Journal Article in L'Actualité Economique (1993)
57. The Commitment Value of Contracts Under Dynamic Renegotiation
    Cahiers de recherche, Universite de Montreal, Departement de sciences economiques
    Also in Cahiers de recherche, Centre interuniversitaire de recherche en économie quantitative, CIREQ (1992)
    See also Journal Article in RAND Journal of Economics (1994)

1990

58. COMPETITIVE SCREENING IN FINANCIAL MARKET WHEN BORROWERS CAN RECONTRACT
    Cahiers de recherche, Centre interuniversitaire de recherche en économie quantitative, CIREQ
    Also in Cahiers de recherche, Universite de Montreal, Departement de sciences economiques (1990) View citations (1)
    See also Journal Article in Review of Economic Studies (1995)
59. SIGNALLING AND RENEGOTIATION IN COMPETITIVE CONTRACTUAL MARKETS
    Cahiers de recherche, Centre interuniversitaire de recherche en économie quantitative, CIREQ
    Also in Cahiers de recherche, Universite de Montreal, Departement de sciences economiques (1990)

1989

60. ENTRY WAGES SIGNALING FUTURE WAGES: THEORY AND EVIDENCE ON THE RELATIONSHIP BETWEEN FIRM-SPECIFIC CAPITAL, WAGE PROFILES AND JOB RATIONING
    Cahiers de recherche, Centre interuniversitaire de recherche en économie quantitative, CIREQ
    Also in Cahiers de recherche, Universite de Montreal, Departement de sciences economiques (1989)
61. JOB RATIONING WITH COMPLETE CONTRACTS: AN INFORMED- PRINCIPAL APPROACH
    Cahiers de recherche, Centre interuniversitaire de recherche en économie quantitative, CIREQ
    Also in Cahiers de recherche, Universite de Montreal, Departement de sciences economiques (1989)
62. Long-Term Contracts and Equilibrium Models of the Labor Market: Some Favorable Evidence
    Working Papers, Princeton University, Department of Economics, Industrial Relations Section. View citations (1)

Journal Articles

2012

1. Does Industrial Composition Matter for Wages? A Test of Search and Bargaining Theory
   Econometrica, 2012, 80, (3), 1063-1104

2011

2. Comment
   NBER International Seminar on Macroeconomics, 2011, 7, (1), 235 - 240
3. Gold rush fever in business cycles
   Journal of Monetary Economics, 2011, 58, (2), 84-97 View citations (1)
   See also Working Paper (2006)
4. Modeling News-Driven International Business Cycles
   Review of Economic Dynamics, 2011, 14, (1), 72-91 View citations (1)
   See also Working Paper (2009)

2010

5. Managerial Skills Acquisition and the Theory of Economic Development
   Review of Economic Studies, 2010, 77, (1), 90-126 View citations (1)
   See also Working Paper (2005)
6. Should the Personal Computer Be Considered a Technological Revolution? Evidence from U.S. Metropolitan Areas
   Journal of Political Economy, 2010, 118, (5), 988 - 1036 View citations (9)

2009

7. Taxes and Employment Subsidies in Optimal Redistribution Programs
   American Economic Review, 2009, 99, (1), 216-42 View citations (9)
   See also Working Paper (2006)

2007

8. When can changes in expectations cause business cycle fluctuations in neo-classical settings?
   Journal of Economic Theory, 2007, 135, (1), 458-477 View citations (24)
   See also Working Paper (2007)

2006

9. Globalization, returns to accumulation and the world distribution of output
   Journal of Monetary Economics, 2006, 53, (5), 879-909 View citations (4)
   See also Working Paper (2006)
10. Mondialisation et disparité de revenus
    L'Actualité Economique, 2006, 82, (4), 477-504
11. Stock Prices, News, and Economic Fluctuations
    American Economic Review, 2006, 96, (4), 1293-1307 View citations (57)
    See also Chapter (2004)
    Working Paper (2006)

2005

12. Changes in U.S. Wages, 19762000: Ongoing Skill Bias or Major Technological Change?
    Journal of Labor Economics, 2005, 23, (3), 609-648 View citations (2)
    See also Working Paper (2002)
13. Changes in the World Distribution of Output Per Worker, 1960-1998: How a Standard Decomposition Tells an Unorthodox Story
    The Review of Economics and Statistics, 2005, 87, (4), 741-753 View citations (2)
    See also Working Paper (2005)
14. Demographics and recent productivity performance: insights from cross-country comparisons
    Canadian Journal of Economics, 2005, 38, (2), 309-344 View citations (9)
    See also Working Paper (2005)
15. Explaining Productivity Growth: The Role of Demographics
    International Productivity Monitor, 2005, 10, 45-58 View citations (3)
16. Innis Lecture: Explorations in medium-run macroeconomics
    Canadian Journal of Economics, 2005, 38, (4), 1136-1159
17. The "news view" of economic fluctuations: Evidence from aggregate Japanese data and sectoral US data
    Journal of the Japanese and International Economies, 2005, 19, (4), 635-652 View citations (11)
    See also Working Paper (2005)

2004

18. An exploration into Pigou's theory of cycles
    Journal of Monetary Economics, 2004, 51, (6), 1183-1216 View citations (69)
    See also Working Paper (2004)

2003

19. An equilibrium analysis of information aggregation and fluctuations in markets with discrete decisions
    Journal of Economic Theory, 2003, 113, (1), 76-103 View citations (3)
20. Recent Technological and Economic Change among Industrialized Countries: Insights from Population Growth
    Scandinavian Journal of Economics, 2003, 105, (3), 441-464 View citations (3)
    See also Working Paper (2003)
21. Wages and Employment in the United States and Germany: What Explains the Differences?
    American Economic Review, 2003, 93, (3), 573-602 View citations (28)

2002

22. Population Growth, Technological Adoption, and Economic Outcomes in the Information Era
    Review of Economic Dynamics, 2002, 5, (4), 749-774 View citations (2)
23. The French Depression in the 1930s
    Review of Economic Dynamics, 2002, 5, (1), 73-99 View citations (4)
    See also Working Paper (2002)

2001

24. Monetary Instability, the Predictability of Prices, and the Allocation of Investment: An Empirical Investigation Using U.K. Panel Data
    American Economic Review, 2001, 91, (3), 648-662 View citations (29)
    See also Working Paper (1996)
25. The cost of business cycles and the stabilization value of unemployment insurance
    European Economic Review, 2001, 45, (8), 1545-1572 View citations (35)
    See also Working Paper (1996)

2000

26. Cohort patterns in Canadian earnings: assessing the role of skill premia in inequality trends
    Canadian Journal of Economics, 2000, 33, (4), 907-936 View citations (41)
    See also Working Paper (1997)
27. Is It Harmful to Allow Partial Cooperation?
    Scandinavian Journal of Economics, 2000, 102, (1), 1-21 View citations (6)
    See also Working Paper (1999)
28. What is Happening in the Youth Labour Market in Canada?
    Canadian Public Policy, 2000, 26, (s1), 59-83 View citations (6)
    See also Working Paper (1999)

1998

29. Estimating the effects of monetary shocks: An evaluation of different approaches
    Journal of Monetary Economics, 1998, 42, (2), 241-260 View citations (1)
    See also Working Paper (1993)

1997

30. Comment on "Short-Run Independence of Monetary Policy under Pegged Exchange Rates."
    Journal of Money, Credit and Banking, 1997, 29, (4), 811-14

1996

31. Le chômage des années 80
    L'Actualité Economique, 1996, 72, (3), 291-304 View citations (1)
32. The Intertemporal Elasticity of Substitution: An Exploration Using a US Panel of State Data
    Economica, 1996, 63, (251), 495-512 View citations (60)
33. What do interest rates reveal about the functioning of real business cycle models?
    Journal of Economic Dynamics and Control, 1996, 20, (9-10), 1661-1682 View citations (27)

1995

34. Competitive Screening in Financial Markets When Borrowers Can Recontract
    Review of Economic Studies, 1995, 62, (3), 401-23 View citations (3)
    See also Working Paper (1990)
35. Contract Renegotiation: A Simple Framework and Implications for Organization Theory
    Canadian Journal of Economics, 1995, 28, (2), 302-35 View citations (22)
    See also Working Paper (1993)
36. Is the Behavior of Hours Worked Consistent with Implicit Contract Theory?
    The Quarterly Journal of Economics, 1995, 110, (3), 743-68 View citations (13)
37. Money and the real exchange rate with sticky prices and increasing returns
    Carnegie-Rochester Conference Series on Public Policy, 1995, 43, (1), 55-101 View citations (25)

1994

38. Entry Wages Signalling the Credibility of Future Wages: A Reinterpretation of the Turnover-Efficiency-Wage Model
    Canadian Journal of Economics, 1994, 27, (4), 884-902 View citations (3)
39. The Commitment Value of Contracts under Dynamic Renegotiation
    RAND Journal of Economics, 1994, 25, (4), 501-517
    See also Working Paper (1992)
40. Why an Informed Principal May Leave Rents to an Agent
    International Economic Review, 1994, 35, (4), 821-32 View citations (8)

1993

41. Do recessions permanently change output?
    Journal of Monetary Economics, 1993, 31, (2), 149-163 View citations (157)
42. Le rôle du collatéral dans le report des investissements en présence d’asymétries d’information
    L'Actualité Economique, 1993, 69, (1), 71-90
    See also Working Paper (1992)
43. Signalling and Renegotiation in Contractual Relationships
    Econometrica, 1993, 61, (4), 745-82 View citations (10)

1991

44. The Effect of Implicit Contracts on the Movement of Wages over the Business Cycle: Evidence from Micro Data
    Journal of Political Economy, 1991, 99, (4), 665-88 View citations (135)

Chapters

2013

1. Understanding Non-Inflationary Demand Driven Business Cycles
   A chapter in NBER Macroeconomics Annual 2013, Volume 28, 2013

2010

2. Comment on "Pigou Cycles in Closed and Open Economies with Matching Frictions"
   A chapter in NBER International Seminar on Macroeconomics 2010, 2010, pp 235-240
3. Letting Different Views about Business Cycles Compete
   A chapter in NBER Macroeconomics Annual 2009, Volume 24, 2010, pp 413-455 View citations (2)
   See also Working Paper (2009)

2004

4. Stock Prices, News and Economic Fluctuations
   A chapter in Enhancing Productivity (NBER-CEPR-TCER-Keio conference), 2004 View citations (6)
   See also Working Paper (2006)
   Journal Article in American Economic Review (2006)

1999

5. Evolution of the Female Labour Force Participation Rate in Canada, 1976-1994: a Cohort Analysis
   A chapter in A Symposium on Canadian Labour Force Participation in the 1990s (Special Issue of Canadian Business Economics, Volume 7, Number 2, May 1999), 1999, pp 57-70 View citations (1)

Software Items

2010

1. Code files for "Modeling News-Driven International Business Cycles"
   Computer Codes, Review of Economic Dynamics