Details about Olivier Blanchard

E-mail:
Homepage:	http://web.mit.edu/blanchar/www/
Postal address:	Department of Economics MIT 50 Memorial Drive Cambridge MA 02142
Workplace:	Economics Department, Massachusetts Institute of Technology (MIT), (more information at EDIRC)

Access statistics for papers by Olivier Blanchard.

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Working Papers

2009

1. Fiscal Policy for the Crisis
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   See also Journal Article in CESifo Forum (2009)
2. News, Noise, and Fluctuations: An Empirical Exploration
   NBER Working Papers, National Bureau of Economic Research, Inc View citations
3. The Crisis: Basic Mechanisms and Appropriate Policies
   IMF Working Papers, International Monetary Fund
   See also Journal Article in CESifo Forum (2009)
4. Why are the 2000s so different from the 1970s? A structural interpretation of changes in the macroeconomic effects of oil prices
   NBER Working Papers, National Bureau of Economic Research, Inc

2008

5. Labor Markets and Monetary Policy: A New-Keynesian Model with Unemployement
   Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2008) View citations
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2008)
6. The Macroeconomic Effects of Oil Price Shocks: Why are the 2000s so different from the 1970s?
   Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra View citations
   Also in Working Papers, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research (2007) View citations
   See also Chapter (2007)
7. The Macroeconomic Effects of Oil Shocks: Why are the 2000s so Different from the 1970s?
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2007) View citations
8. The State of Macro
   NBER Working Papers, National Bureau of Economic Research, Inc View citations

2007

9. A New Keynesian Model with Unemployment
   CFS Working Paper Series, Center for Financial Studies View citations
   Also in Kiel Working Papers, Kiel Institute for the World Economy (2007) View citations
   Research series, National Bank of Belgium (2006) View citations
10. Current Account Deficits in Rich Countries
    Working Papers, Faculty of economics, Department of Economics View citations
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2007) View citations
11. The Joint Design of Unemployment Insurance and Employment Protection. A First Pass
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
    Also in IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse (2006) View citations
    See also Journal Article in Journal of the European Economic Association (2008)

2006

12. Rebalancing Growth in China: A Three-Handed Approach
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
    See also Journal Article in China & World Economy (2006)

2005

13. European Unemployment: The Evolution of Facts and Ideas
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See also Journal Article in Economic Policy (2006)
14. Real Wage Rigidities and the New Keynesian Model
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (2005) View citations
    Working Papers, Federal Reserve Bank of Boston (2005) View citations
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2005) View citations
    See also Journal Article in Journal of Money, Credit and Banking (2007)
15. The U.S. Current Account and the Dollar
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2005) View citations

2004

16. Fiscal Dominance and Inflation Targeting: Lessons from Brazil
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
17. Improving the SGP Through a Proper Accounting of Public Investment
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
18. The Economic Future of Europe
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See also Journal Article in Journal of Economic Perspectives (2004)
19. The Optimal Design of Unemployment Insurance and Employment Protection. A First Pass
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
20. The Quality of Labor Relations and Unemployment
    NBER Working Papers, National Bureau of Economic Research, Inc View citations

2001

21. Macroeconomic Effects of Regulation and Deregulation in Goods and Labor Markets
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in Working Papers, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University View citations
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2001) View citations
    See also Journal Article in The Quarterly Journal of Economics (2003)
22. The Perverse Effects of Partial Labor Market Reform: Fixed Duration Contracts in France
    NBER Working Papers, National Bureau of Economic Research, Inc View citations

2000

23. Federalism With and Without Political Centralization. China versus Russia
    Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research View citations
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2000) View citations
24. What do we know about Macroeconomics that Fisher and Wicksell did not?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See also Journal Article in The Quarterly Journal of Economics (2000)

1999

25. An Empirical Characterization of the Dynamic Effects of Changes in Government Spending and Taxes on Output
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See also Journal Article in The Quarterly Journal of Economics (2002)
26. The Role of Shocks and Institutions in the Rise of European Unemployment: The Aggregate Evidence
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See also Journal Article in Economic Journal (2000)
27. Wage Dynamics: Reconciling Theory and Evidence
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See also Journal Article in American Economic Review (1999)

1998

28. Revisiting European Unemployment: Unemployment, Capital Accumulation, and Factor Prices
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See also Book (1998)
29. What Hides Behind an Umemployment Rate: Comparing Portuguese and U.S. Unemployment
    NBER Working Papers, National Bureau of Economic Research, Inc View citations

1997

30. Disorganization
    William Davidson Institute Working Papers Series, William Davidson Institute at the University of Michigan Stephen M. Ross Business School View citations
    Also in Working papers, Massachusetts Institute of Technology (MIT), Department of Economics (1996) View citations
    See also Journal Article in The Quarterly Journal of Economics (1997)

1996

31. What We Know and Do Not Know About the Natural Rate of Unemployment
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in Working papers, Massachusetts Institute of Technology (MIT), Department of Economics (1996) View citations
    See also Journal Article in Journal of Economic Perspectives (1997)

1994

32. On the Speed of Transition Central Europe
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
33. The Economics of Enterprise Restructuring in Central and Eastern Europe
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations

1993

34. Consumption and the Recession of 1990-1991
    Working papers, Massachusetts Institute of Technology (MIT), Department of Economics View citations
    See also Journal Article in American Economic Review (1993)
35. On the Speed of Transition in Central Europe
    Working papers, Massachusetts Institute of Technology (MIT), Department of Economics View citations
    See also Chapter (1994)
36. Patterns of Success: Twentieth Century Entrepreneurs in the Dictionary of Business Biography
    CEP Discussion Papers, Centre for Economic Performance, LSE
37. What do Firms do with Cash Windfalls?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See also Journal Article in Journal of Financial Economics (1994)

1992

38. Dynamic Efficiency, the Riskless Rate, and Debt Ponzi Games Under Uncertainty
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See also Journal Article in Advances in Macroeconomics (2001)
39. The Flow Approach to Labor Markets
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See also Journal Article in American Economic Review (1992)

1991

40. How to Privatise
    CEP Discussion Papers, Centre for Economic Performance, LSE
41. The Aggregate Matching Function
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in Working papers, Massachusetts Institute of Technology (MIT), Department of Economics (1989) View citations
42. The Debt Burden and Debt Maturity
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See also Journal Article in American Economic Review (1994)
43. Wage Bargaining and Unemployment Persistence
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See also Journal Article in Journal of Money, Credit and Banking (1991)
44. Why Does Money Affect Output? A Survey
    NBER Working Papers, National Bureau of Economic Research, Inc
    Also in Working papers, Massachusetts Institute of Technology (MIT), Department of Economics (1987) View citations
    See also Chapter (1990)

1990

45. Economic Change in Poland
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    Also in CEP Discussion Papers, Centre for Economic Performance, LSE (1990)
46. Empirical Structural Evidence on Wages, Prices and Employment in the US
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in Working papers, Massachusetts Institute of Technology (MIT), Department of Economics (1986)
47. RANKING, UNEMPLOYMENT DURATION, AND WAGES
    Working papers, Massachusetts Institute of Technology (MIT), Department of Economics View citations
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1990) View citations
    See also Journal Article in Review of Economic Studies (1994)
48. Suggestions for a New Set of Fiscal Indicators
    OECD Economics Department Working Papers, OECD, Economics Department View citations
49. THE STOCK MARKET, PROFIT AND INVESTMENT
    RCER Working Papers, University of Rochester - Center for Economic Research (RCER) View citations
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1990) View citations
    See also Journal Article in The Quarterly Journal of Economics (1993)
50. The Dynamic Effects of Aggregate Demand and Supply Disturbances
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in Working papers, Massachusetts Institute of Technology (MIT), Department of Economics (1988) View citations
    See also Journal Article in American Economic Review (1989)

1989

51. Consumption: Beyond Certainty Equivalence
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See also Journal Article in American Economic Review (1988)
52. Fiscal Increasing Returns, Hysteresis, Real Wages and Unemployment
    NBER Working Papers, National Bureau of Economic Research, Inc
    Also in Working papers, Massachusetts Institute of Technology (MIT), Department of Economics (1986)
    See also Journal Article in European Economic Review (1987)
53. Hysteresis in Unemployment
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in Working papers, Massachusetts Institute of Technology (MIT), Department of Economics (1986) View citations
    See also Journal Article in European Economic Review (1987)
54. Investment and Sales: Some Empirical Evidence
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
55. Monopolistic Competition, Aggregate Demand Externalities and Real Effects of Nominal Money
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
56. Two Tools for Analyzing Unemployment
    NBER Working Papers, National Bureau of Economic Research, Inc View citations

1988

57. Unemployment: Getting the Questions Right - and some of the answers
    NBER Working Papers, National Bureau of Economic Research, Inc
    Also in Working papers, Massachusetts Institute of Technology (MIT), Department of Economics (1988) View citations

1987

58. Are Business Cycles All Alike?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See also Chapter (1986)
59. Hysteresis and the European Unemployment Problem
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in Working papers, Massachusetts Institute of Technology (MIT), Department of Economics (1986) View citations
    See also Chapter (1986)
60. The Present Value of Profits and Cyclical Movements in Investment
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See also Journal Article in Econometrica (1986)

1986

61. Cyclical Behavior of Prices and Quantities in the Automobile Market
    NBER Working Papers, National Bureau of Economic Research, Inc View citations

1985

62. Monopolistic Competition, Aggregate Externalities and real Effects of Nominal Money
    Working papers, Massachusetts Institute of Technology (MIT), Department of Economics View citations
63. The Wage Price Spiral
    NBER Working Papers, National Bureau of Economic Research, Inc
    Also in Working papers, Massachusetts Institute of Technology (MIT), Department of Economics (1985)
    See also Journal Article in The Quarterly Journal of Economics (1986)

1984

64. Current and Anticipated Deficits, Interest Rates and Economic Activity
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See also Chapter (1991)
    Journal Article in European Economic Review (1984)
65. Debt, Deficits and Finite Horizons
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See also Journal Article in Journal of Political Economy (1985)
66. The Lucas Critique and the Volcker Deflation
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See also Journal Article in American Economic Review (1984)

1983

67. An Intertemporal Model of Saving and Investment
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See also Journal Article in Econometrica (1983)
68. Bubbles, Rational Expectations and Financial Markets
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
69. Inflexible Relative Prices and Price Level Inertia
    NBER Working Papers, National Bureau of Economic Research, Inc
70. Methods of Solution and Simulation for Dynamic Rational Expectations Models
    NBER Technical Working Papers, National Bureau of Economic Research, Inc View citations
71. The Production and Inventory Behavior of the American Automobile Industry
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See also Journal Article in Journal of Political Economy (1983)

1982

72. Anticipations, Recessions and Policy: An Intertemporal Disequilibrium Model
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
73. Identification in Dynamic Linear Models with Rational Expectations
    NBER Technical Working Papers, National Bureau of Economic Research, Inc View citations
74. Price Asynchronization and Price Level Inertia
    NBER Working Papers, National Bureau of Economic Research, Inc View citations

Undated

75. Reducing Spanish unemployment under the EMU
    Studies on the Spanish Economy, FEDEA
    Also in Working Papers, FEDEA View citations

Journal Articles

2009

1. Editor's Note
   American Economic Journal: Macroeconomics, 2009, 1, (1), iii-iv
2. Fiscal Policy For The Crisis
   CESifo Forum, 2009, 10, (2), 26-32
   See also Working Paper (2009)
3. The Crisis: Basic Mechanisms and Appropriate Policies
   CESifo Forum, 2009, 10, (1), 3-14
   See also Working Paper (2009)

2008

4. A new method to estimate time variation in the NAIRU - comments
   Conference Series ; [Proceedings], 2008
5. Report of the Editor: American Economic Journal: Macroeconomics
   American Economic Review, 2008, 98, (2), 601-02
6. The Joint Design of Unemployment Insurance and Employment Protection: A First Pass
   Journal of the European Economic Association, 2008, 6, (1), 45-77 View citations
   See also Working Paper (2007)

2007

7. A Review of Richard Layard, Stephen Nickell, and Richard Jackman’s Unemployment: Macroeconomic Performance and the Labour Market
   Journal of Economic Literature, 2007, 45, (2), 410-418
8. Adjustment within the euro. The difficult case of Portugal
   Portuguese Economic Journal, 2007, 6, (1), 1-21 View citations
9. Real Wage Rigidities and the New Keynesian Model
   Journal of Money, Credit and Banking, 2007, 39, (s1), 35-65 View citations
   Also in Proceedings, 2005 (2005) View citations
   See also Working Paper (2005)

2006

10. European unemployment: the evolution of facts and ideas
    Economic Policy, 2006, 21, (45), 5-59 View citations
    See also Working Paper (2005)
11. Rebalancing Growth in China: A Three-Handed Approach
    China & World Economy, 2006, 14, (4), 1-20 View citations
    See also Working Paper (2006)

2005

12. AN INTERVIEW WITH STANLEY FISCHER
    Macroeconomic Dynamics, 2005, 9, (02), 244-262
13. International Investors, the U.S. Current Account, and the Dollar
    Brookings Papers on Economic Activity, 2005, 36, (2005-1), 1-66 View citations

2004

14. Redesigning the Employment Protection System
    De Economist, 2004, 152, (1), 1-20 View citations
15. The Economic Future of Europe
    Journal of Economic Perspectives, 2004, 18, (4), 3-26 View citations
    See also Working Paper (2004)

2003

16. Macroeconomic Effects Of Regulation And Deregulation In Goods And Labor Markets
    The Quarterly Journal of Economics, 2003, 118, (3), 879-907 View citations
    See also Working Paper (2001)

2002

17. An Empirical Characterization Of The Dynamic Effects Of Changes In Government Spending And Taxes On Output
    The Quarterly Journal of Economics, 2002, 117, (4), 1329-1368 View citations
    See also Working Paper (1999)
18. Current Account Deficits in the Euro Area: The End of the Feldstein Horioka Puzzle?
    Brookings Papers on Economic Activity, 2002, 33, (2002-2), 147-210 View citations
19. Temporary Jobs: Stepping Stones Or Dead Ends?
    Economic Journal, 2002, 112, (480), F189-F213 View citations
20. The Perverse Effects of Partial Labour Market Reform: fixed--Term Contracts in France
    Economic Journal, 2002, 112, (480), F214-F244 View citations

2001

21. Dynamic Efficiency, the Riskless Rate, and Debt Ponzi Games under Uncertainty
    Advances in Macroeconomics, 2001, 1, (advances/1/2), 1031-1031 View citations
    Also in The B.E. Journal of Macroeconomics, 2001, advances.1, (2) (2001)
    See also Working Paper (1992)
22. In Honor of Andrei Shleifer: Winner of the John Bates Clark Medal
    Journal of Economic Perspectives, 2001, 15, (1), 189-204
23. The Long and Large Decline in U.S. Output Volatility
    Brookings Papers on Economic Activity, 2001, 32, (2001-1), 135-174 View citations
24. What Hides Behind an Unemployment Rate: Comparing Portuguese and U.S. Labor Markets
    American Economic Review, 2001, 91, (1), 187-207 View citations

2000

25. The Role of Shocks and Institutions in the Rise of European Unemployment: The Aggregate Evidence
    Economic Journal, 2000, 110, (462), C1-33 View citations
    See also Working Paper (1999)
26. The automatic fiscal stabilizers: quietly doing their thing - commentary
    Economic Policy Review, 2000, (Apr), 69-74 View citations
27. What Do We Know About Macroeconomics That Fisher And Wicksell Did Not?
    The Quarterly Journal of Economics, 2000, 115, (4), 1375-1409 View citations
    See also Working Paper (2000)

1999

28. An Interview with J nos Kornai
    Macroeconomic Dynamics, 1999, 3, (03), 427-450
29. Wage Dynamics: Reconciling Theory and Evidence
    American Economic Review, 1999, 89, (2), 69-74 View citations
    See also Working Paper (1999)

1998

30. On privatization methods in Eastern Europe and their implications
    The Economics of Transition, 1998, 6, (1), 87-99 View citations

1997

31. Comment on "Stopping Inflations, Big and Small."
    Journal of Money, Credit and Banking, 1997, 29, (4), 778-82
32. Disorganization
    The Quarterly Journal of Economics, 1997, 112, (4), 1091-1126 View citations
    See also Working Paper (1997)
33. Is There a Core of Usable Macroeconomics?
    American Economic Review, 1997, 87, (2), 244-46 View citations
34. Labor-market flexibility and aggregate employment volatility: A comment
    Carnegie-Rochester Conference Series on Public Policy, 1997, 46, (1), 229-239 View citations
35. The Medium Run
    Brookings Papers on Economic Activity, 1997, 28, (1997-2), 89-158 View citations
36. What We Know and Do Not Know about the Natural Rate of Unemployment
    Journal of Economic Perspectives, 1997, 11, (1), 51-72 View citations
    See also Working Paper (1996)

1996

37. On insider privatization
    European Economic Review, 1996, 40, (3-5), 759-766 View citations
38. Theoretical Aspects of Transition
    American Economic Review, 1996, 86, (2), 117-22 View citations

1995

39. Macroeconomic implications of shifts in the relative demand for skills
    Economic Policy Review, 1995, (Jan), 48-53 View citations
40. Structural Unemployment: Spain versus Portugal
    American Economic Review, 1995, 85, (2), 212-18 View citations

1994

41. Ranking, Unemployment Duration, and Wages
    Review of Economic Studies, 1994, 61, (3), 417-34 View citations
    See also Working Paper (1990)
42. The Debt Burden and Debt Maturity
    American Economic Review, 1994, 84, (1), 309-19 View citations
    See also Working Paper (1991)
43. The behaviour of state firms in eastern Europe, pre-privatisation
    European Economic Review, 1994, 38, (6), 1327-1349 View citations
44. Transition in Poland
    Economic Journal, 1994, 104, (426), 1169-77 View citations
45. What do firms do with cash windfalls?
    Journal of Financial Economics, 1994, 36, (3), 337-360 View citations
    See also Working Paper (1993)

1993

46. Consumption and the Recession of 1990-1991
    American Economic Review, 1993, 83, (2), 270-74 View citations
    See also Working Paper (1993)
47. Movements in the Equity Premium
    Brookings Papers on Economic Activity, 1993, 24, (1993-2), 75-138 View citations
48. On the dynamics of transition and restructuring
    The Economics of Transition, 1993, 1, (2), 273-274
49. The Dynamic Effects of Aggregate Demand and Supply Disturbances: Reply
    American Economic Review, 1993, 83, (3), 653-58 View citations
50. The Stock Market, Profit, and Investment
    The Quarterly Journal of Economics, 1993, 108, (1), 115-36 View citations
    See also Working Paper (1990)

1992

51. For a return to pragmatism
    Proceedings, 1992, 121-132
52. Regional Evolutions
    Brookings Papers on Economic Activity, 1992, 23, (1992-1), 1-76 View citations
53. The Flow Approach to Labor Markets
    American Economic Review, 1992, 82, (2), 354-59 View citations
    See also Working Paper (1992)

1991

54. Wage Bargaining and Unemployment Persistence
    Journal of Money, Credit and Banking, 1991, 23, (3), 277-92 View citations
    See also Working Paper (1991)

1990

55. The Cyclical Behovior of the Gross Flows of U.S. Workers
    Brookings Papers on Economic Activity, 1990, 21, (1990-2), 85-156 View citations

1989

56. A Traditional Interpretation of Macroeconomic Fluctuations
    American Economic Review, 1989, 79, (5), 1146-64 View citations
57. Macroeconomic implications
    Proceedings, 1989, 201-213 View citations
58. New Classical Macroeconomics: A Sympathetic Account: Comment
    Scandinavian Journal of Economics, 1989, 91, (2), 259-64
59. The Beveridge Curve
    Brookings Papers on Economic Activity, 1989, 20, (1989-1), 1-76 View citations
60. The Dynamic Effects of Aggregate Demand and Supply Disturbances
    American Economic Review, 1989, 79, (4), 655-73 View citations
    See also Working Paper (1990)

1988

61. Beyond the Natural Rate Hypothesis
    American Economic Review, 1988, 78, (2), 182-87 View citations
62. Consumption: Beyond Certainty Equivalence
    American Economic Review, 1988, 78, (2), 173-77 View citations
    See also Working Paper (1989)

1987

63. Aggregate and Individual Price Adjustment
    Brookings Papers on Economic Activity, 1987, 18, (1987-1), 57-122 View citations
64. Fiscal increasing returns, hysteresis, real wages and unemployment
    European Economic Review, 1987, 31, (3), 543-560 View citations
    See also Working Paper (1989)
65. Hysteresis in unemployment
    European Economic Review, 1987, 31, (1-2), 288-295 View citations
    See also Working Paper (1989)
66. Monopolistic Competition and the Effects of Aggregate Demand
    American Economic Review, 1987, 77, (4), 647-66 View citations
67. Vector Autoregressions and Reality: Comment
    Journal of Business & Economic Statistics, 1987, 5, (4), 449-51

1986

68. Pourquoi les taux d'intérêts sont-ils aussi élevés
    Annales d'Economie et de Statistique, 1986, (3), 03
69. The Present Value of Profits and Cyclical Movements in Investment
    Econometrica, 1986, 54, (2), 249-73 View citations
    See also Working Paper (1987)
70. The Wage Price Spiral
    The Quarterly Journal of Economics, 1986, 101, (3), 543-65 View citations
    See also Working Paper (1985)
71. The cyclical behavior of prices and quantities: The case of the automobile market
    Journal of Monetary Economics, 1986, 17, (3), 379-407 View citations

1985

72. Credibility, disinflation and gradualism
    Economics Letters, 1985, 17, (3), 211-217 View citations
73. Debt, Deficits, and Finite Horizons
    Journal of Political Economy, 1985, 93, (2), 223-47 View citations
    See also Working Paper (1984)

1984

74. A reexamination of the theory of automatic stabilizers Income stability and economic efficiency under alternative tax schemes: Comments on Christiano and Miller
    Carnegie-Rochester Conference Series on Public Policy, 1984, 20, (1), 207-208
75. Current and anticipated deficits, interest rates and economic activity
    European Economic Review, 1984, 25, (1), 7-27 View citations
    See also Chapter (1991)
    Working Paper (1984)
76. The Lucas Critique and the Volcker Deflation
    American Economic Review, 1984, 74, (2), 211-15 View citations
    See also Working Paper (1984)

1983

77. An Intertemporal Model of Saving and Investment
    Econometrica, 1983, 51, (3), 675-92 View citations
    See also Working Paper (1983)
78. Dynamic Effects of a Shift in Savings; The Role of Firms
    Econometrica, 1983, 51, (5), 1583-91 View citations
79. The Production and Inventory Behavior of the American Automobile Industry
    Journal of Political Economy, 1983, 91, (3), 365-400 View citations
    See also Working Paper (1983)

1981

80. An empirical structural model of aggregate demand
    Journal of Monetary Economics, 1981, 7, (1), 1-28 View citations
81. Output, the Stock Market, and Interest Rates
    American Economic Review, 1981, 71, (1), 132-43 View citations
82. What Is Left of the Multiplier Accelerator?
    American Economic Review, 1981, 71, (2), 150-54 View citations

1980

83. The Solution of Linear Difference Models under Rational Expectations
    Econometrica, 1980, 48, (5), 1305-11 View citations

1979

84. Backward and Forward Solutions for Economies with Rational Expectations
    American Economic Review, 1979, 69, (2), 114-18 View citations
85. Speculative bubbles, crashes and rational expectations
    Economics Letters, 1979, 3, (4), 387-389 View citations
86. Wage Indexing Rules and the Behavior of the Economy
    Journal of Political Economy, 1979, 87, (4), 798-815 View citations

1977

87. A Note on Gross Substitutability of Financial Assets
    Econometrica, 1977, 45, (3), 769-71 View citations

Books

1998

1. Revisiting European Unemployment: Unemployment, Capital Accumulation and Factor Prices
   Research Series, Economic and Social Research Institute (ESRI)
   See also Working Paper (1998)

1994

2. The Transition in Eastern Europe, Volume 1
   NBER Books, National Bureau of Economic Research, Inc View citations
3. Transition in Eastern Europe, Volume 2, The
   NBER Books, National Bureau of Economic Research, Inc

1993

4. NBER Macroeconomics Annual 1993, Volume 8
   NBER Books, National Bureau of Economic Research, Inc
   Also in NBER Books, National Bureau of Economic Research, Inc (1991)
   NBER Books, National Bureau of Economic Research, Inc (1992)
   NBER Books, National Bureau of Economic Research, Inc (1990)
5. Post-Communist Reform: Pain and Progress, vol 1
   MIT Press Books, The MIT Press View citations

1989

6. Lectures on Macroeconomics, vol 1
   MIT Press Books, The MIT Press
7. NBER Macroeconomics Annual 1989, Volume 4
   NBER Books, National Bureau of Economic Research, Inc

Edited books

1993

1. NBER Macroeconomics Annual 1993, vol 1
   MIT Press Books, The MIT Press

1992

2. NBER Macroeconomics Annual 1992, vol 1
   MIT Press Books, The MIT Press

1991

3. NBER Macroeconomics Annual 1991, vol 1
   MIT Press Books, The MIT Press

1990

4. NBER Macroeconomics Annual 1990, vol 1
   MIT Press Books, The MIT Press

1986

5. Restoring Europe's Prosperity: Macroeconomic Papers from the Centre for European Policy Studies, vol 1
   MIT Press Books, The MIT Press

Chapters

2007

1. The Macroeconomic Effects of Oil Price Shocks: Why are the 2000s so different from the 1970s?
   A chapter in International Dimensions of Monetary Policy, 2007 View citations
   See also Working Paper (2008)

1994

2. Introduction to "The Transition in Eastern Europe, Volume 1"
   A chapter in The Transition in Eastern Europe, Volume 1, 1994, pp 1-18
3. On the Speed of Transition in Central Europe
   A chapter in NBER Macroeconomics Annual 1994, Volume 9, 1994, pp 283-330 View citations
   See also Working Paper (1993)
4. Stabilization and Transition: Poland, 1990-91
   A chapter in The Transition in Eastern Europe, Volume 1, 1994, pp 51-92

1993

5. Editorial in "NBER Macroeconomics Annual 1993, Volume 8"
   A chapter in NBER Macroeconomics Annual 1993, Volume 8, 1993, pp 1-10
   Also in A chapter in NBER Macroeconomics Annual 1992, Volume 7, 1992, pp 1-8 (1992)
   A chapter in NBER Macroeconomics Annual 1991, Volume 6, 1991, pp 1-12 (1991)
   A chapter in NBER Macroeconomics Annual 1990, Volume 5, 1990, pp 1-10 (1990)

1991

6. Current and Anticipated Deficits, Interest Rates and Economic Activity
   A chapter in International Volatility and Economic Growth: The First Ten Years of The International Seminar on Macroeconomics, 1991, pp 361-390
   See also Working Paper (1984)
   Journal Article in European Economic Review (1984)

1990

7. Why does money affect output? A survey
   Chapter 15 in Handbook of Monetary Economics, 1990, vol. 2, pp 779-835 View citations
   See also Working Paper (1991)

1989

8. Editorial in "NBER Macroeconomics Annual 1989, Volume 4"
   A chapter in NBER Macroeconomics Annual 1989, Volume 4, 1989, pp 1-8

1986

9. Are Business Cycles All Alike?
   A chapter in The American Business Cycle: Continuity and Change, 1986, pp 123-180 View citations
   See also Working Paper (1987)
10. Hysteresis And The European Unemployment Problem
    A chapter in NBER Macroeconomics Annual 1986, Volume 1, 1986, pp 15-90 View citations
    See also Working Paper (1987)

1983

11. Debt and the Current Account Deficit in Brazil
    A chapter in Financial Policies and the World Capital Market: The Problem of Latin American Countries, 1983, pp 187-198 View citations

1980

12. The Monetary Mechanism in the Light of Rational Expectations
    A chapter in Rational Expectations and Economic Policy, 1980, pp 75-116 View citations