Details about Jordi Gali

E-mail:
Homepage:	http://www.econ.upf.edu/crei/people/gali
Phone:	34-935422754
Postal address:	CREI Universitat Pompeu Fabra Ramon Trias Fargas 25 08005 Barcelona Catalonia Spain
Workplace:	Centre de Recerca en Economia Internacional (CREI) (Research Centre in International Economics (CREI)), (more information at EDIRC)

Access statistics for papers by Jordi Gali.

Last updated 2007-05-14. Update your information in the RePEc Author Service.

Short-id: pga43

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Working Papers

2008

1. Labor Markets and Monetary Policy: A New-Keynesian Model with Unemployment
   NBER Working Papers, National Bureau of Economic Research, Inc View citations
2. On the Sources of the Great Moderation
   NBER Working Papers, National Bureau of Economic Research, Inc
3. Optimal Monetary and Fiscal Policy in a Currency Union
   Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra View citations
   Also in Working Papers, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University (2005)
   NBER Working Papers, National Bureau of Economic Research, Inc (2005) View citations
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2005) View citations

2007

4. A New Keynesian Model with Unemployment
   CFS Working Paper Series, Center for Financial Studies View citations
   Also in Research series, National Bank of Belgium (2006) View citations
5. Macroeconomic Modeling for Monetary Policy Evaluation
   NBER Working Papers, National Bureau of Economic Research, Inc View citations
6. The Macroeconomic Effects of Oil Shocks: Why are the 2000s So Different from the 1970s?
   NBER Working Papers, National Bureau of Economic Research, Inc View citations

2005

7. Markups, Gaps, and the Welfare Costs of Business Fluctuations
   Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra View citations
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2003)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2002) View citations
   NBER Working Papers, National Bureau of Economic Research, Inc (2002) View citations
   See also Journal Article in The Review of Economics and Statistics (2007)
8. Modern Perspectives on Stabilization Policies
   Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra
9. New Evidence on Inflation Persistence and Price Stickiness in the Euro Area: Implications for Macro Modelling
   Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra View citations
   See also Journal Article in Journal of the European Economic Association (2006)
10. 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)
11. Robustness of the Estimates of the Hybrid New Keynesian Phillips Curve
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See also Journal Article in Journal of Monetary Economics (2005)
12. Technology Shocks and Aggregate Fluctuations: How Well Does the RBC Model Fit Postwar U.S. Data?
    IMF Working Papers, International Monetary Fund View citations
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2004) View citations
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2004) View citations
13. Trends in Hours, Balanced Growth and the Role of Technology in the Business Cycle
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra View citations
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2005) View citations
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2005) View citations
    See also Journal Article in Review (2005)
14. Understanding the Effects of Government Spending on Consumption
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
    Also in CFS Working Paper Series, Center for Financial Studies (2004) View citations
    NBER Working Papers, National Bureau of Economic Research, Inc (2005) View citations
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (2005) View citations
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (2004) View citations
    Working Paper Series, European Central Bank (2004) View citations
    See also Journal Article in Journal of the European Economic Association (2007)

2004

15. Monetary Policy and Exchange Rate Volatility in a Small Open Economy
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra View citations
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2002) View citations
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2002) View citations
    See also Journal Article in Review of Economic Studies (2005)
16. Rule-of-Thumb Consumers and the Design of Interest Rate Rules
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2004) View citations

2003

17. Fiscal Policy and Monetary Integration in Europe
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2003) View citations
    See also Journal Article in Economic Policy (2003)

2002

18. A Simple Framework for International Monetary Policy Analysis
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2002) View citations
    See also Journal Article in Journal of Monetary Economics (2002)
19. New Perspectives on Monetary Policy, Inflation and the Business Cycle
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2002) View citations
20. Technology Shocks and Monetary Policy: Assessing the Fed's Performance
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in Banco de España Working Papers, Banco de España (2000) View citations
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2002) View citations
    See also Journal Article in Journal of Monetary Economics (2003)

2001

21. European Inflation Dynamics
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
    Also in Banco de España Working Papers, Banco de España (2000) View citations
    NBER Working Papers, National Bureau of Economic Research, Inc (2001) View citations
    See also Journal Article in European Economic Review (2001)
22. Optimal Monetary Policy in Closed versus Open Economies: An Integrated Approach
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
23. Targeting Inflation in an Economy with Staggered Price Setting
    Working Papers Central Bank of Chile, Central Bank of Chile View citations

2000

24. Inflation Dynamics: A Structural Econometric Analysis
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (1998) View citations
    See also Journal Article in Journal of Monetary Economics (1999)

1999

25. Inflation Dynamics: A Structural Economic Analysis
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
26. Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra View citations
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (1998) View citations
    NBER Working Papers, National Bureau of Economic Research, Inc (1998) View citations
    Working Papers, C.V. Starr Center for Applied Economics, New York University (1998) View citations
    See also Journal Article in The Quarterly Journal of Economics (2000)
27. Optimal Monetary Policy and Exchange Rate Volatility in a Small Open Economy
    Boston College Working Papers in Economics, Boston College Department of Economics View citations
28. The Science of Monetary Policy: A New Keynesian Perspective
    Working Papers, C.V. Starr Center for Applied Economics, New York University View citations
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (1999) View citations
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (1999) View citations
    NBER Working Papers, National Bureau of Economic Research, Inc (1999) View citations
    See also Journal Article in Journal of Economic Literature (1999)

1998

29. La política monetaria europea y sus posibles repercusiones sobre la economía española
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra View citations
    Also in Studies on the Spanish Economy, FEDEA

1997

30. Monetary Policy Rules in Practice: Some International Evidence
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in Working Papers, C.V. Starr Center for Applied Economics, New York University (1997) View citations
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (1997) View citations
    See also Journal Article in European Economic Review (1998)
31. To Each According To...? Markets, Tournaments, and the Matching Problem with Borrowing Constraints
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
    Also in Working Papers, C.V. Starr Center for Applied Economics, New York University (1997) View citations
    NBER Working Papers, National Bureau of Economic Research, Inc (1997) View citations
    See also Journal Article in Review of Economic Studies (1999)

1996

32. Technology, Employment, and the Business Cycle: Do Technology Shocks Explain Aggregate Fluctuations
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in Working Papers, C.V. Starr Center for Applied Economics, New York University (1996) View citations
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (1996) View citations
    See also Journal Article in American Economic Review (1999)

1995

33. Non-Walrasian Unemployment Fluctuations
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
34. On Growth and Indeterminacy: Some Theory and Evidence
    Working Papers, C.V. Starr Center for Applied Economics, New York University View citations
    See also Journal Article in Carnegie-Rochester Conference Series on Public Policy (1995)
35. Product Diversity, Endogenous Markups and Development Traps
    Working Papers, C.V. Starr Center for Applied Economics, New York University View citations
    See also Journal Article in Journal of Monetary Economics (1995)
36. Real Business Cycles with Involuntary Unemployment
    Working Papers, C.V. Starr Center for Applied Economics, New York University View citations
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (1995) View citations

1994

37. Endogenous Growth and Poverty Traps in a Cournotian Model
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
    Also in Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (1993) View citations
38. Expectations-Driven Spatial Fluctuations
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra
    Also in Working Papers, Columbia - Graduate School of Business (1993) View citations
    See also Journal Article in Regional Science and Urban Economics (1995)
39. Sources of Real Exchage Rate Fluctuations: How Important are Nominal Shocks?
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (1994) View citations
    NBER Working Papers, National Bureau of Economic Research, Inc (1994) View citations
    See also Journal Article in Proceedings (1994)

1993

40. Local Externalities, Convex Adjustment Costs and Sunspot Equilibria
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra View citations
    Also in Working Papers, Columbia - Graduate School of Business (1992) View citations
    See also Journal Article in Journal of Economic Theory (1994)
41. Monopolistic Competition, Business Cycles, and the Composition of Aggregate Demand
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra View citations
    Also in Working Papers, Columbia - Graduate School of Business (1991) View citations
    See also Journal Article in Journal of Economic Theory (1994)
42. Monopolistic Competition, Endogenous Markups, and Growth
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra View citations
    See also Journal Article in European Economic Review (1994)
43. Multiple Equilibria in a Growth Model with Monopolistic Competition
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    See also Journal Article in Economic Theory (1996)

1992

44. Keeping Up with the Joneses: Consumption Externalities, Portfolio Choice and Asset Prices
    Working Papers, Columbia - Graduate School of Business
    See also Journal Article in Journal of Money, Credit and Banking (1994)
45. Long Run Effects of Business Cycles
    Working Papers, Columbia - Graduate School of Business View citations
46. Variability of Durable and Nondurable Consumption: Evidence for Six O.E.C.D. Countries
    Working Papers, Columbia - Graduate School of Business
    See also Journal Article in The Review of Economics and Statistics (1993)

Journal Articles

2007

1. Markups, Gaps, and the Welfare Costs of Business Fluctuations
   The Review of Economics and Statistics, 2007, 89, (1), 44-59 View citations
   See also Working Paper (2005)
2. Real Wage Rigidities and the New Keynesian Model
   Journal of Money, Credit and Banking, 2007, 39, (s1), 35-65 View citations
   See also Working Paper (2005)
3. Understanding the Effects of Government Spending on Consumption
   Journal of the European Economic Association, 2007, 5, (1), 227-270 View citations
   See also Working Paper (2005)

2006

4. New Evidence on Inflation Persistence and Price Stickiness in the Euro Area: Implications for Macro Modeling
   Journal of the European Economic Association, 2006, 4, (2-3), 562-574 View citations
   See also Working Paper (2005)

2005

5. Monetary Policy and Exchange Rate Volatility in a Small Open Economy
   Review of Economic Studies, 2005, 72, (3), 707-734 View citations
   See also Working Paper (2004)
6. Optimal fiscal policy in a monetary union
   Proceedings, 2005 View citations
7. Robustness of the estimates of the hybrid New Keynesian Phillips curve
   Journal of Monetary Economics, 2005, 52, (6), 1107-1118 View citations
   See also Working Paper (2005)
8. Trends in hours, balanced growth, and the role of technology in the business cycle
   Review, 2005, (Jul), 459-486 View citations
   See also Working Paper (2005)

2004

9. On The Role of Technology Shocks as a Source of Business Cycles: Some New Evidence
   Journal of the European Economic Association, 2004, 2, (2-3), 372-380 View citations

2003

10. EconomicDynamics Interviews Jordi Gali on Price Rigidities
    EconomicDynamics Newsletter, 2003, 5, (1)
11. Erratum to "European inflation dynamics": [European Economic Review 45 (2001), 1237-1270]
    European Economic Review, 2003, 47, (4), 759-760
12. Fiscal policy and monetary integration in Europe
    Economic Policy, 2003, 18, (37), 533-572 View citations
    See also Working Paper (2003)
13. Technology shocks and monetary policy: assessing the Fed's performance
    Journal of Monetary Economics, 2003, 50, (4), 723-743 View citations
    See also Working Paper (2002)

2002

14. A simple framework for international monetary policy analysis
    Journal of Monetary Economics, 2002, 49, (5), 879-904 View citations
    See also Working Paper (2002)

2001

15. European inflation dynamics
    European Economic Review, 2001, 45, (7), 1237-1270 View citations
    See also Working Paper (2001)
16. Optimal Monetary Policy in Open versus Closed Economies: An Integrated Approach
    American Economic Review, 2001, 91, (2), 248-252 View citations

2000

17. Monetary Policy Rules And Macroeconomic Stability: Evidence And Some Theory
    The Quarterly Journal of Economics, 2000, 115, (1), 147-180 View citations
    See also Working Paper (1999)
18. The return of the Phillips curve and other recent developments in business cycle theory
    Spanish Economic Review, 2000, 2, (1), 1-10 View citations

1999

19. Inflation dynamics: A structural econometric analysis
    Journal of Monetary Economics, 1999, 44, (2), 195-222 View citations
    See also Working Paper (2000)
20. Technology, Employment, and the Business Cycle: Do Technology Shocks Explain Aggregate Fluctuations?
    American Economic Review, 1999, 89, (1), 249-271 View citations
    See also Working Paper (1996)
21. The Science of Monetary Policy: A New Keynesian Perspective
    Journal of Economic Literature, 1999, 37, (4), 1661-1707 View citations
    See also Working Paper (1999)
22. To Each According to... ? Markets, Tournaments, and the Matching Problem with Borrowing Constraints
    Review of Economic Studies, 1999, 66, (4), 799-824 View citations
    See also Working Paper (1997)

1998

23. Monetary policy rules in practice
    Proceedings, 1998, (Mar) View citations
24. Monetary policy rules in practice Some international evidence
    European Economic Review, 1998, 42, (6), 1033-1067 View citations
    See also Working Paper (1997)
25. The liquidity effect and long-run neutrality: A comment
    Carnegie-Rochester Conference Series on Public Policy, 1998, 49, (1), 195-206 View citations

1996

26. Budget Constraints and Time-Series Evidence on Consumption: Reply
    American Economic Review, 1996, 86, (1), 298-99
27. Multiple Equilibria in a Growth Model with Monopolistic Competition
    Economic Theory, 1996, 8, (2), 251-66 View citations
    Also in Economic Theory, 1996, 8, (2), 251-266 (1996) View citations
    See also Working Paper (1993)
28. Unemployment in dynamic general equilibrium economies
    European Economic Review, 1996, 40, (3-5), 839-845 View citations

1995

29. Expectations-driven spatial fluctuations
    Regional Science and Urban Economics, 1995, 25, (1), 1-19 View citations
    See also Working Paper (1994)
30. On growth and indeterminacy: some theory and evidence
    Carnegie-Rochester Conference Series on Public Policy, 1995, 43, (1), 163-211 View citations
    See also Working Paper (1995)
31. Product diversity, endogenous markups, and development traps
    Journal of Monetary Economics, 1995, 36, (1), 39-63 View citations
    See also Working Paper (1995)

1994

32. Government size and macroeconomic stability
    European Economic Review, 1994, 38, (1), 117-132 View citations
33. Keeping Up with the Joneses: Consumption Externalities, Portfolio Choice, and Asset Prices
    Journal of Money, Credit and Banking, 1994, 26, (1), 1-8 View citations
    See also Working Paper (1992)
34. Local Externalities, Convex Adjustment Costs, and Sunspot Equilibria
    Journal of Economic Theory, 1994, 64, (1), 242-252 View citations
    See also Working Paper (1993)
35. Monopolistic Competition, Business Cycles, and the Composition of Aggregate Demand
    Journal of Economic Theory, 1994, 63, (1), 73-96 View citations
    See also Working Paper (1993)
36. Monopolistic competition, endogenous markups, and growth
    European Economic Review, 1994, 38, (3-4), 748-756 View citations
    See also Working Paper (1993)
37. Sources of real exchange rate fluctuations: how important are nominal shocks?
    Proceedings, 1994, (Apr) View citations
    Also in Carnegie-Rochester Conference Series on Public Policy, 1994, 41, (1), 1-56 (1994) View citations
    See also Working Paper (1994)

1993

38. Variability of Durable and Nondurable Consumption: Evidence for Six O.E.C.D. Countries
    The Review of Economics and Statistics, 1993, 75, (3), 418-28 View citations
    See also Working Paper (1992)

1992

39. How Well Does the IS-LM Model Fit Postwar U.S. Data
    The Quarterly Journal of Economics, 1992, 107, (2), 709-38 View citations

1991

40. Budget Constraints and Time-Series Evidence on Consumption
    American Economic Review, 1991, 81, (5), 1238-53 View citations

1990

41. Finite horizons, life-cycle savings, and time-series evidence on consumption
    Journal of Monetary Economics, 1990, 26, (3), 433-452 View citations

Chapters

2007

1. Introduction to "International Dimensions of Monetary Policy"
   A chapter in International Dimensions of Monetary Policy, 2007
2. 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

2005

3. Technology Shocks and Aggregate Fluctuations: How Well Does the Real Business Cycle Model Fit Postwar U.S. Data?
   A chapter in NBER Macroeconomics Annual 2004, Volume 19, 2005, pp 225-318 View citations

Editor

1. Journal of the European Economic Association
   MIT Press