Details about Evi Pappa

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Short-id: ppa381

Working Papers

2023

1. The Green Metamorphosis of a small Open Economy
   Working Papers, Red Nacional de Investigadores en Economía (RedNIE) View citations (8)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2023)

2022

2. Costly disasters, energy consumption, and the role of fiscal policy
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
3. Greenflation: The cost of the green transition in small open economies
   Research Department working papers, CAF Development Bank Of Latinamerica View citations (6)
4. The Sentimental Propagation of Lottery Winnings: Evidence from the Spanish Christmas Lottery
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   See also Journal Article The sentimental propagation of lottery winnings: Evidence from the Spanish Christmas lottery, Journal of Monetary Economics, Elsevier (2024) View citations (1) (2024)
5. When Women Win: Can Female Representation Decrease Gender-Based Violence?
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   Also in IDB Publications (Working Papers), Inter-American Development Bank (2022)
6. Which crisis support fiscal measures worked during the COVID-19 shock in Europe?
   DEOS Working Papers, Athens University of Economics and Business

2021

7. Costly Disasters and the Role of Fiscal Policy: Evidence from US States
   European Economy - Discussion Papers, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission View citations (2)
8. What are the likely macroeconomic effects of the EU Recovery plan?
   CEPR Discussion Papers, C.E.P.R. Discussion Papers

2020

9. Sentimental Business Cycles
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (9)
   See also Journal Article Sentimental Business Cycles, The Review of Economic Studies, Review of Economic Studies Ltd (2023) View citations (3) (2023)

2019

10. Local Autonomy and Government Spending Multipliers: Evidence from European Regions
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (4)
11. On the Relationship Between Domestic Saving and the Current Account: Evidence and Theory for Developing Countries
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    Also in CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2019)
    See also Journal Article On the Relationship between Domestic Saving and the Current Account: Evidence and Theory for Developing Countries, Journal of Money, Credit and Banking, Blackwell Publishing (2020) View citations (3) (2020)

2018

12. Monetary Policy and Inequality under Labor Market Frictions and Capital-Skill Complementarity
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (29)
    Also in IZA Discussion Papers, Institute of Labor Economics (IZA) (2018) View citations (30)
    See also Journal Article Monetary Policy and Inequality under Labor Market Frictions and Capital-Skill Complementarity, American Economic Journal: Macroeconomics, American Economic Association (2021) View citations (47) (2021)

2017

13. Fiscal Consolidation in a Low Inflation Environment: Pay Cuts versus Lost Jobs
    Working Papers, The University of Sheffield, Department of Economics
    Also in Bank of England working papers, Bank of England (2016) View citations (3)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2017) View citations (2)
    See also Journal Article Fiscal Consolidation in a Low-Inflation Environment: Pay Cuts versus Lost Jobs, International Journal of Central Banking, International Journal of Central Banking (2018) View citations (16) (2018)
14. The Combination of Monetary and Fiscal Policy Shocks: A TVP-FAVAR Approach
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (4)
    Also in Economics Working Papers, European University Institute (2017) View citations (4)

2016

15. EMERGING ECONOMIES BUSINESS CYCLES: THE ROLE OF THE TERMS OF TRADE REVISITED
    Working Papers, Ben-Gurion University of the Negev, Department of Economics View citations (3)
16. The Government Wage Bill and Private Activity
    Cahiers de Recherches Economiques du Département d'économie, Université de Lausanne, Faculté des HEC, Département d’économie View citations (13)
    See also Journal Article The government wage bill and private activity, Journal of Economic Dynamics and Control, Elsevier (2017) View citations (33) (2017)

2015

17. Does inflation targeting matter for output and inflation volatility?
    Working Papers, Barcelona School of Economics View citations (1)
18. The effects of fiscal expansions: an international comparison
    Working Papers, Barcelona School of Economics View citations (18)

2014

19. Chronicle of a War Foretold: The Macroeconomic Effects of Anticipated Defense Spending Shocks
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (28)
    See also Journal Article Chronicle of a War Foretold: The Macroeconomic Effects of Anticipated Defence Spending Shocks, Economic Journal, Royal Economic Society (2017) View citations (80) (2017)
20. Housework and Fiscal Expansions
    Staff Working Papers, Bank of Canada View citations (8)
    See also Journal Article Housework and fiscal expansions, Journal of Monetary Economics, Elsevier (2016) View citations (20) (2016)

2013

21. Capital Maintenance and Depreciation over the Business Cycle
    DEOS Working Papers, Athens University of Economics and Business
    See also Journal Article Capital maintenance and depreciation over the business cycle, Journal of Economic Dynamics and Control, Elsevier (2014) View citations (18) (2014)
22. Spending-based austerity measures and their effects on output and unemployment
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (9)

2012

23. Revisiting the “Productivity-Hours Puzzle” in the RBC Paradigm: The Role of Investment Adjustment Costs
    Quaderni di Dipartimento, University of Pavia, Department of Economics and Quantitative Methods View citations (6)

2011

24. Fiscal policy, pricing frictions and monetary accommodation
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra View citations (65)
    Also in Working Papers, Barcelona School of Economics View citations (41)
    See also Journal Article Fiscal policy, pricing frictions and monetary accommodation, Economic Policy, CEPR, CESifo, Sciences Po (2011) View citations (58) (2011)
25. For an Olive Wreath? Olympic Games and Anticipation Effects in Macroeconomics
    School of Economics and Public Policy Working Papers, University of Adelaide, School of Economics and Public Policy View citations (4)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2011) View citations (3)
26. Real Business Cycles with Capital Maintenance
    Quaderni di Dipartimento, University of Pavia, Department of Economics and Quantitative Methods

2010

27. Fiscal expansions affect unemployment, but they may increase it
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (12)

2006

28. The Structural Dynamics of Output Growth and Inflation: Some International Evidence
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (10)
    Also in Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (2006) View citations (12)
    See also Journal Article The Structural Dynamics of Output Growth and Inflation: Some International Evidence, Economic Journal, Royal Economic Society (2007) View citations (57) (2007)
29. The Structural Dynamics of US Output and Inflation: What Explains the Changes?
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (28)
    Also in Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (2005) View citations (28)
    See also Journal Article The Structural Dynamics of U.S. Output and Inflation: What Explains the Changes?, Journal of Money, Credit and Banking, Blackwell Publishing (2008) View citations (19) (2008)

2005

30. Does it Cost to be Virtuous? The Macroeconomic Effects of Fiscal Constraints
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (14)
    Also in Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (2004) View citations (11)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2004) View citations (12)
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2005) View citations (9)
    See also Chapter Does It Cost to Be Virtuous? The Macroeconomic Effects of Fiscal Constraints, NBER Chapters, National Bureau of Economic Research, Inc (2006) View citations (6) (2006)
31. Gains from Coordination in a Multi-Sector Open Economy: Does it Pay to be Different?
    Working Papers, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University
    Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2005) View citations (13)
32. Gains from International Monetary Policy Coordination: Does It Pay to Be Different?
    Computing in Economics and Finance 2005, Society for Computational Economics View citations (20)
    Also in Working Paper Series, European Central Bank (2005) View citations (21)
    See also Journal Article Gains from international monetary policy coordination: Does it pay to be different?, Journal of Economic Dynamics and Control, Elsevier (2008) View citations (29) (2008)
33. New Keynesian or RBC Transmission? The Effects of Fiscal Policy in Labor Markets
    Working Papers, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University View citations (33)
34. New-Keynesian or RBC Transmission? The Effects of Fiscal Shocks in Labour Markets
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (31)
    Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2005) View citations (17)
35. Price differentials in monetary unions: The role of fiscal shocks
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra View citations (21)
    See also Journal Article Price Differentials in Monetary Unions: The Role of Fiscal Shocks, Economic Journal, Royal Economic Society (2007) View citations (151) (2007)
36. The Elusive Costs and the Immaterial Gains of Fiscal Constraints
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)
    Also in Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (2005)
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2004)
    Working Papers, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University (2005) View citations (2)
    See also Journal Article The elusive costs and the immaterial gains of fiscal constraints, Journal of Public Economics, Elsevier (2006) View citations (29) (2006)
37. The Unbearable Tightness of Being in a Monetary Union: Fiscal Restrictions and Regional Stability"
    Working Papers, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University View citations (5)
    Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2004) View citations (4)
    See also Journal Article The unbearable tightness of being in a monetary union: Fiscal restrictions and regional stability, European Economic Review, Elsevier (2007) View citations (41) (2007)

2004

38. Do the ECB and the Fed really need to cooperate? Optimal monetary policy in a two-country world
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library View citations (132)
    See also Journal Article Do the ECB and the fed really need to cooperate? Optimal monetary policy in a two-country world, Journal of Monetary Economics, Elsevier (2004) View citations (144) (2004)

2003

39. Price Dispersions in Monetary Unions: The Role of Fiscal Shocks
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (31)
40. The transition from national currencies to the Euro
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library View citations (5)
    See also Journal Article The transition from national currencies to the euro, Economics Letters, Elsevier (2003) View citations (5) (2003)

2002

41. A monetary model of factor utilisation
    Bank of England working papers, Bank of England View citations (9)

Undated

42. Do labor market rigidities matter for business cycles? Yes they do
    Working Papers, Barcelona School of Economics View citations (8)

Journal Articles

2024

1. The sentimental propagation of lottery winnings: Evidence from the Spanish Christmas lottery
   Journal of Monetary Economics, 2024, 143, (C) View citations (1)
   See also Working Paper The Sentimental Propagation of Lottery Winnings: Evidence from the Spanish Christmas Lottery, CEPR Discussion Papers (2022) (2022)

2023

2. Geographic Cross‐Sectional Fiscal Spending Multipliers and the Role of Local Autonomy: Evidence from European Regions
   Journal of Money, Credit and Banking, 2023, 55, (6), 1357-1396 View citations (1)
3. Sentimental Business Cycles
   The Review of Economic Studies, 2023, 90, (3), 1358-1393 View citations (3)
   See also Working Paper Sentimental Business Cycles, CEPR Discussion Papers (2020) View citations (9) (2020)

2022

4. Introduction to the special issue in honor of Juan Jose Dolado
   SERIEs: Journal of the Spanish Economic Association, 2022, 13, (1), 1-9

2021

5. Monetary Policy and Inequality under Labor Market Frictions and Capital-Skill Complementarity
   American Economic Journal: Macroeconomics, 2021, 13, (2), 292-332 View citations (47)
   See also Working Paper Monetary Policy and Inequality under Labor Market Frictions and Capital-Skill Complementarity, CEPR Discussion Papers (2018) View citations (29) (2018)

2020

6. On the Relationship between Domestic Saving and the Current Account: Evidence and Theory for Developing Countries
   Journal of Money, Credit and Banking, 2020, 52, (5), 1071-1106 View citations (3)
   See also Working Paper On the Relationship Between Domestic Saving and the Current Account: Evidence and Theory for Developing Countries, CEPR Discussion Papers (2019) (2019)

2019

7. Does economic insecurity really impact on gun violence at US schools?
   Nature Human Behaviour, 2019, 3, (3), 198-199 View citations (5)

2018

8. Fiscal Consolidation in a Low-Inflation Environment: Pay Cuts versus Lost Jobs
   International Journal of Central Banking, 2018, 14, (3), 7-52 View citations (16)
   See also Working Paper Fiscal Consolidation in a Low Inflation Environment: Pay Cuts versus Lost Jobs, Working Papers (2017) (2017)

2017

9. Chronicle of a War Foretold: The Macroeconomic Effects of Anticipated Defence Spending Shocks
   Economic Journal, 2017, 127, (603), 1568-1597 View citations (80)
   See also Working Paper Chronicle of a War Foretold: The Macroeconomic Effects of Anticipated Defense Spending Shocks, CEPR Discussion Papers (2014) View citations (28) (2014)
10. Emerging economies business cycles: The role of commodity terms of trade news
    Journal of International Economics, 2017, 108, (C), 368-376 View citations (41)
11. The government wage bill and private activity
    Journal of Economic Dynamics and Control, 2017, 79, (C), 21-47 View citations (33)
    See also Working Paper The Government Wage Bill and Private Activity, Cahiers de Recherches Economiques du Département d'économie (2016) View citations (13) (2016)

2016

12. Housework and fiscal expansions
    Journal of Monetary Economics, 2016, 79, (C), 94-108 View citations (20)
    See also Working Paper Housework and Fiscal Expansions, Staff Working Papers (2014) View citations (8) (2014)

2015

13. Do labor market institutions matter for business cycles?
    Journal of Economic Dynamics and Control, 2015, 51, (C), 299-317 View citations (70)
14. Fiscal consolidation with tax evasion and corruption
    Journal of International Economics, 2015, 96, (S1), S56-S75 View citations (86)
    See also Chapter Fiscal Consolidation with Tax Evasion and Corruption, NBER Chapters, 2014, 56-75 (2014) View citations (18) (2014)
15. Multipliers of unexpected increases in defense spending: An empirical investigation
    Journal of Economic Dynamics and Control, 2015, 57, (C), 205-226 View citations (26)
16. News Shocks in the Data: Olympic Games and Their Macroeconomic Effects
    Journal of Money, Credit and Banking, 2015, 47, (7), 1339-1367 View citations (41)

2014

17. Capital maintenance and depreciation over the business cycle
    Journal of Economic Dynamics and Control, 2014, 39, (C), 273-286 View citations (18)
    See also Working Paper Capital Maintenance and Depreciation over the Business Cycle, DEOS Working Papers (2013) (2013)

2012

18. FISCAL EXPANSIONS, UNEMPLOYMENT, AND LABOR FORCE PARTICIPATION: THEORY AND EVIDENCE
    International Economic Review, 2012, 53, (4), 1205-1228 View citations (81)

2011

19. Fiscal policy, pricing frictions and monetary accommodation
    (Expansionary fiscal consolidations in Europe: New evidence)
    Economic Policy, 2011, 26, (68), 555-598 View citations (58)
    See also Working Paper Fiscal policy, pricing frictions and monetary accommodation, Economics Working Papers (2011) View citations (65) (2011)

2009

20. THE EFFECTS OF FISCAL SHOCKS ON EMPLOYMENT AND THE REAL WAGE
    International Economic Review, 2009, 50, (1), 217-244 View citations (179)

2008

21. Gains from international monetary policy coordination: Does it pay to be different?
    Journal of Economic Dynamics and Control, 2008, 32, (7), 2085-2117 View citations (29)
    See also Working Paper Gains from International Monetary Policy Coordination: Does It Pay to Be Different?, Computing in Economics and Finance 2005 (2005) View citations (20) (2005)
22. The Structural Dynamics of U.S. Output and Inflation: What Explains the Changes?
    Journal of Money, Credit and Banking, 2008, 40, (2‐3), 369-388 View citations (19)
    Also in Journal of Money, Credit and Banking, 2008, 40, (2-3), 369-388 (2008) View citations (70)
    See also Working Paper The Structural Dynamics of US Output and Inflation: What Explains the Changes?, CEPR Discussion Papers (2006) View citations (28) (2006)

2007

23. Price Differentials in Monetary Unions: The Role of Fiscal Shocks
    Economic Journal, 2007, 117, (520), 713-737 View citations (151)
    See also Working Paper Price differentials in monetary unions: The role of fiscal shocks, Economics Working Papers (2005) View citations (21) (2005)
24. The Structural Dynamics of Output Growth and Inflation: Some International Evidence
    Economic Journal, 2007, 117, (519), C167-C191 View citations (57)
    See also Working Paper The Structural Dynamics of Output Growth and Inflation: Some International Evidence, CEPR Discussion Papers (2006) View citations (10) (2006)
25. The unbearable tightness of being in a monetary union: Fiscal restrictions and regional stability
    European Economic Review, 2007, 51, (6), 1492-1513 View citations (41)
    See also Working Paper The Unbearable Tightness of Being in a Monetary Union: Fiscal Restrictions and Regional Stability", Working Papers (2005) View citations (5) (2005)

2006

26. The elusive costs and the immaterial gains of fiscal constraints
    Journal of Public Economics, 2006, 90, (8-9), 1391-1414 View citations (29)
    See also Working Paper The Elusive Costs and the Immaterial Gains of Fiscal Constraints, CEPR Discussion Papers (2005) View citations (1) (2005)

2005

27. Persistence without too much price stickiness: the role of variable factor utilization
    Review of Economic Dynamics, 2005, 8, (1), 231-255 View citations (32)

2004

28. Do the ECB and the fed really need to cooperate? Optimal monetary policy in a two-country world
    Journal of Monetary Economics, 2004, 51, (4), 753-779 View citations (144)
    See also Working Paper Do the ECB and the Fed really need to cooperate? Optimal monetary policy in a two-country world, LSE Research Online Documents on Economics (2004) View citations (132) (2004)
29. Does it Cost to be Virtuous? The Macroeconomic Effects of Fiscal Constraints [with Comments]
    NBER International Seminar on Macroeconomics, 2004, 2004, (1), 327 - 370 View citations (4)
30. The Comovement of Returns and Investment within the Multinational Firm [with Comments]
    NBER International Seminar on Macroeconomics, 2004, 2004, (1), 197 - 237 View citations (1)

2003

31. The transition from national currencies to the euro
    Economics Letters, 2003, 79, (1), 83-88 View citations (5)
    See also Working Paper The transition from national currencies to the Euro, LSE Research Online Documents on Economics (2003) View citations (5) (2003)

Chapters

2014

1. Fiscal Consolidation with Tax Evasion and Corruption
   A chapter in NBER International Seminar on Macroeconomics 2014, 2014, pp 56-75 View citations (18)
   See also Journal Article Fiscal consolidation with tax evasion and corruption, Elsevier (2015) View citations (86) (2015)

2006

2. Does It Cost to Be Virtuous? The Macroeconomic Effects of Fiscal Constraints
   A chapter in NBER International Seminar on Macroeconomics 2004, 2006, pp 327-370 View citations (6)
   See also Working Paper Does it Cost to be Virtuous? The Macroeconomic Effects of Fiscal Constraints, National Bureau of Economic Research, Inc (2005) View citations (14) (2005)