Details about Andreas Hornstein

Access statistics for papers by Andreas Hornstein.

Last updated 2008-04-22. Update your information in the RePEc Author Service.

Short-id: pho142

Working Papers

2007

1. Frictional Wage Dispersion in Search Models: A Quantitative Assessment
   NBER Working Papers, National Bureau of Economic Research, Inc View citations
   Also in
   Working Paper, Federal Reserve Bank of Richmond (2006) View citations
2. Interest rate versus money supply instruments: on the implementation of Markov-perfect optimal monetary policy
   Working Papers, Federal Reserve Bank of Philadelphia
3. Notes on the inflation dynamics of the New Keynesian Phillips Curve
   Working Paper, Federal Reserve Bank of Richmond

2006

4. Frictional Wage Dispersion in Search Models: A Quantitative Approach
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
5. Frictional Wage Inequality: A Puzzle?
   2006 Meeting Papers, Society for Economic Dynamics View citations
6. Home production
   Working Paper, Federal Reserve Bank of Richmond
7. Technical appendix for "Frictional wage dispersion in search models: a quantitative assessment"
   Working Paper, Federal Reserve Bank of Richmond View citations
8. Technology-policy interaction in frictional labor markets
   Working Paper, Federal Reserve Bank of Richmond View citations
   See Also Journal Article in Review of Economic Studies (2007)
9. Understanding how employment responds to productivity shocks in a model with inventories
   Working Paper, Federal Reserve Bank of Richmond View citations

2005

10. The Effects of Technical Change on Labor Market Inequalities
    Working Papers, Princeton University, Department of Economics, Center for Economic Policy Studies. View citations
    Also in
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2005) View citations
    Working Paper, Federal Reserve Bank of Richmond (2004) View citations
    See Also Chapter (2005)
11. The Replacement Problem in Frictional Economies: An 'Equivalence Result'
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
12. The replacement problem in frictional economies: a near equivalence result
    Working Paper, Federal Reserve Bank of Richmond View citations
    See Also Journal Article in Journal of the European Economic Association (2005)

2004

13. A Quantitative Study of the Replacement Problem in Frictional Economies
    2004 Meeting Papers, Society for Economic Dynamics
14. Productivity, Employment, and Inventories: Smoothing Over Sticky Prices
    2004 Meeting Papers, Society for Economic Dynamics
15. Productivity, employment, and inventories
    Working Paper, Federal Reserve Bank of Richmond View citations

2002

16. Data Appendix to The Role of Real Wages, Productivity, and Fiscal Policy in Germany's Great Depression 1928-37
    Technical Appendices, Review of Economic Dynamics
17. Should optimal discretionary monetary policy look at money?
    Working Paper, Federal Reserve Bank of Richmond View citations
18. Vintage Capital as an Origin of Inequalities
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
    Also in
    Working Paper, Federal Reserve Bank of Richmond (2002) View citations
    See Also Journal Article in Proceedings (2002)

2001

19. Sticky prices and inventories: production smoothing reconsidered
    Working Paper, Federal Reserve Bank of Richmond View citations
20. The role of real wages, productivity and fiscal policy in Germany's Great Depression 1928-1937
    Working Paper Series, Federal Reserve Bank of Chicago
    Also in
    Working Paper, Federal Reserve Bank of Richmond (2001) View citations
    See Also Journal Article in Review of Economic Dynamics (2002)

1999

21. What is the real story for interest rate volatility?
    Working Paper, Federal Reserve Bank of Richmond
    See Also Journal Article in German Economic Review (2000)

1998

22. Can a Matching Model Explain the Long-Run Increase in Canada's Unemployment Rate?
    Working Papers, Bank of Canada
    Also in
    Working Paper, Federal Reserve Bank of Richmond (1998)
    See Also Journal Article in Canadian Journal of Economics (1999)
23. Staggered prices and inventories: production smoothing reconsidered
    Working Paper, Federal Reserve Bank of Richmond View citations

1997

24. (S,s) Inventory policies in general equilibrium
    Working Paper, Federal Reserve Bank of Richmond View citations
    Also in
    UWO Department of Economics Working Papers, University of Western Ontario, Department of Economics (1995)
    Discussion Paper / Institute for Empirical Macroeconomics, Federal Reserve Bank of Minneapolis (1995) View citations
    See Also Journal Article in Review of Economic Studies (2000)
25. Intermediate inputs and sectoral comovement in the business cycle
    Working Paper, Federal Reserve Bank of Richmond View citations
    See Also Journal Article in Journal of Monetary Economics (1997)

1994

26. The real business cycle: intermediate inputs and sectoral comovement
    Discussion Paper / Institute for Empirical Macroeconomics, Federal Reserve Bank of Minneapolis View citations

1989

27. The firm and the plant in general equilibrium theory
    Staff Report, Federal Reserve Bank of Minneapolis View citations

Journal Articles

2007

1. Evolving inflation dynamics and the New Keynesian Phillips Curve
   Economic Quarterly, 2007, (Fall), 317-339 View citations
2. Technology-Policy Interaction in Frictional Labour-Markets
   Review of Economic Studies, 2007, 74, (4), 1089-1124
   See Also Working Paper (2006)

2006

3. Implementation of optimal monetary policy
   Economic Quarterly, 2006, (Spr), 113-133

2005

4. The Replacement Problem In Frictional Economies: A Near-Equivalence Result
   Journal of the European Economic Association, 2005, 3, (5), 1007-1057 View citations
   See Also Working Paper (2005)
5. Trend inflation, firm-specific capital, and sticky prices
   Economic Quarterly, 2005, (Fall), 57-83 View citations
6. Unemployment and vacancy fluctuations in the matching model: inspecting the mechanism
   Economic Quarterly, 2005, (Sum), 19-50 View citations

2004

7. (Un)balanced growth
   Economic Quarterly, 2004, (Fall), 25-45

2003

8. Implications of the capital-embodiment revolution for directed R&D and wage inequality
   Economic Quarterly, 2003, (Fall), 25-50 View citations
9. Should a monetary policymaker look at money?
   Journal of Monetary Economics, 2003, 50, (3), 547-579 View citations

2002

10. The Role of Real Wages, Productivity, and Fiscal Policy in Germany's Great Depression 1928-37
    Review of Economic Dynamics, 2002, 5, (1), 100-127 View citations
    See Also Working Paper (2001)
11. Towards a theory of capacity utilization: shiftwork and the workweek of capital
    Economic Quarterly, 2002, (Spr), 65-86
12. Vintage capital as an origin of inequalities
    Proceedings, 2002, (Nov) View citations
    See Also Working Paper (2002)

2001

13. Computers and growth with frictions: aggregate and disaggregate evidence A comment
    Carnegie-Rochester Conference Series on Public Policy, 2001, 55, (1), 217-228

2000

14. (S, s) Inventory Policies in General Equilibrium
    Review of Economic Studies, 2000, 67, (1), 117-45 View citations
    See Also Working Paper (1997)
15. The IT revolution: is it evident in the productivity numbers?
    Economic Quarterly, 2000, (Fall), 49-78 View citations
16. The business cycle and industry comovement
    Economic Quarterly, 2000, (Win), 27-48 View citations
17. What is the Real Story for Interest Rate Volatility?
    German Economic Review, 2000, 1, (1), 43-67
    See Also Working Paper (1999)

1999

18. Can a Matching Model Explain the Long-Run Increase in Canada's Unemployment Rate?
    Canadian Journal of Economics, 1999, 32, (4), 878-905
    See Also Working Paper (1998)
19. Growth accounting with technological revolutions
    Economic Quarterly, 1999, (Sum), 1-22 View citations

1998

20. Inventory investment and the business cycle
    Economic Quarterly, 1998, (Spr), 49-71 View citations

1997

21. Intermediate inputs and sectoral comovement in the business cycle
    Journal of Monetary Economics, 1997, 40, (3), 573-595 View citations
    See Also Working Paper (1997)

1993

22. Money and Insurance in a Turnpike Environment
    Economic Theory, 1993, 3, (1), 19-34 View citations
23. Monopolistic competition, increasing returns to scale, and the importance of productivity shocks
    Journal of Monetary Economics, 1993, 31, (3), 299-316 View citations

1991

24. Insurance Contracts as Commodities: A Note
    Review of Economic Studies, 1991, 58, (5), 917-28 View citations

Chapters

2005

1. The Effects of Technical Change on Labor Market Inequalities
   Chapter 20 in Handbook of Economic Growth, 2005, vol. 1, Part B, pp 1275-1370
   See Also Working Paper (2005)