Details about Morten Ravn

E-mail:
Homepage:	http://www.homepages.ucl.ac.uk/~uctpmo0/
Postal address:	Department of Economics, University College London, Drayton House, Gower Street, London WC1E 6BT, UK
Workplace:	Department of Economics, University College London (UCL), (more information at EDIRC) Centre for Economic Policy Research (CEPR), (more information at EDIRC)

Access statistics for papers by Morten Ravn.

Last updated 2013-05-22. Update your information in the RePEc Author Service.

Short-id: pra16

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Working Papers

2012

1. A Reconciliation of SVAR and Narrative Estimates of Tax Multipliers
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (3)

2011

2. A New Approach to the Estimation of Tax Multipliers
   2011 Meeting Papers, Society for Economic Dynamics
3. Credit Channels in a Liquidity Trap
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)
   Also in 2011 Meeting Papers, Society for Economic Dynamics (2011) View citations (1)
4. The Dynamic Effects of Personal and Corporate Income Tax Changes in the United States
   CEPR Discussion Papers, C.E.P.R. Discussion Papers

2010

5. Empirical Evidence on the Aggregate Effects of Anticipated and Unanticipated U.S. Tax Policy Shocks
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2009) View citations (35)
   Working Paper Research, National Bank of Belgium (2009) View citations (7)
   See also Journal Article in American Economic Journal: Economic Policy (2012)
6. Fiscal Policy in an Expectations Driven Liquidity Trap
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (18)
7. Online Appendix to "Understanding the Aggregate Effects of Anticipated and Unanticipated Tax Policy Shocks"
   Technical Appendices, Review of Economic Dynamics
   See also Journal Article in Review of Economic Dynamics (2011)
8. Technology-Hours Redux: Tax Changes and the Measurement of Technology Shocks
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)
   See also Chapter (2010)

2009

9. Deep Habits and the Dynamic Effects of Monetary Policy Shocks
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (8)
   Also in Economics Working Papers, European University Institute (2008) View citations (1)
   See also Journal Article in Journal of the Japanese and International Economies (2010)
10. Measuring the Impact of Fiscal Policy in the Face of Anticipation: A Structural VAR Approach
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (30)
    See also Journal Article in Economic Journal (2010)
11. One TV, One Price?
    NBER Working Papers, National Bureau of Economic Research, Inc
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2009)
    See also Journal Article in Scandinavian Journal of Economics (2010)
12. Understanding the Aggregate Effects of Anticipated and Unanticipated Tax Policy Shocks
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (23)
    Also in 2009 Meeting Papers, Society for Economic Dynamics (2009)
    See also Journal Article in Review of Economic Dynamics (2011)

2008

13. Incomplete Cost Pass-Through Under Deep Habits
    Economics Working Papers, European University Institute
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2008)
    NBER Working Papers, National Bureau of Economic Research, Inc (2007) View citations (1)
    See also Journal Article in Review of Economic Dynamics (2010)
14. Macroeconomics of subsistence points
    Open Access publications from University College London, University College London View citations (2)
    See also Journal Article in Macroeconomic Dynamics (2008)
15. The Aggregate Effects of Anticipated and Unanticipated U.S. Tax Policy Shocks: Theory and Empirical Evidence
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (5)
    Also in Economics Working Papers, European University Institute (2008) View citations (8)
    2008 Meeting Papers, Society for Economic Dynamics (2008) View citations (1)

2007

16. Explaining the Effects of Government Spending Shocks on Consumption and the Real Exchange Rate
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (47)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2007) View citations (45)
    Economics Working Papers, European University Institute (2007) View citations (28)
17. Labor Market Dynamics and the Business Cycle: Structural Evidence for the United States
    CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy View citations (20)
    Also in Economics Working Papers, European University Institute (2007) View citations (10)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2007) View citations (1)
    See also Journal Article in Scandinavian Journal of Economics (2008)
18. Pricing to Habits and the Law of One Price
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (4)
    Also in Economics Working Papers, European University Institute (2006) View citations (1)
    NBER Working Papers, National Bureau of Economic Research, Inc (2006) View citations (4)
    See also Journal Article in American Economic Review (2007)

2006

19. The Consumption-Tightness Puzzle
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
    Also in Economics Working Papers, European University Institute (2006) View citations (4)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2006) View citations (5)
    See also Chapter (2008)

2005

20. "Aggregation Bias" DOES Explain the PPP Puzzle
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2005) View citations (3)
21. PPP strikes back: aggregation and the real exchange rate
    Open Access publications from University College London, University College London View citations (121)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2002) View citations (34)
    IEHAS Discussion Papers, Institute of Economics, Hungarian Academy of Sciences (2003) View citations (1)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2003) View citations (1)
    IMF Working Papers, International Monetary Fund (2003) View citations (32)
    See also Journal Article in The Quarterly Journal of Economics (2005)
22. The Macroeconomics of Subsistence Points
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2004) View citations (9)

2004

23. Deep Habits
    2004 Meeting Papers, Society for Economic Dynamics View citations (85)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2004) View citations (32)
    NBER Working Papers, National Bureau of Economic Research, Inc (2004) View citations (9)
24. The HP-Filter in Cross-Country Comparisons
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (4)
    Also in Working Papers, Barcelona Graduate School of Economics (2003)
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (2003) View citations (3)
    Studies on the Spanish Economy, FEDEA View citations (5)
    See also Software Item (2001)

2003

25. Markov Switching Causality and the Money-Output Relationship
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (6)
    See also Journal Article in Journal of Applied Econometrics (2005)
26. Nonlinearities and real exchange rate dynamics
    Open Access publications from University College London, University College London View citations (9)
    See also Journal Article in Journal of the European Economic Association (2003)

2002

27. International Business Cycles: The Quantitative Role of Transportation Costs
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (3)
    See also Journal Article in Journal of International Money and Finance (2004)
28. On adjusting the Hodrick-Prescott Filter for the frequency of observations
    Open Access publications from University College London, University College London View citations (220)
    See also Journal Article in The Review of Economics and Statistics (2002)

2001

29. Consumption Dynamics and Real Exchange Rate
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (36)
30. On Adjusting the HP-Filter for the Frequency of Observations
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (90)
    Also in Discussion Paper, Tilburg University, Center for Economic Research (1997) View citations (14)
    CESifo Working Paper Series, CESifo Group Munich (2001) View citations (38)

2000

31. The macroeconomic effects of German unification: Real adjustments and the welfare state
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra View citations (18)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (1998) View citations (1)
    See also Journal Article in Review of Economic Dynamics (2000)

1998

32. Crossing the Rio Grande: Migrations, Business Cycles and the Welfare State
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    Also in Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (1997) View citations (7)
33. Relative price riddles in international business cycle theory: Are transport costs the explanation?
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra View citations (3)

1997

34. Asymmetric effects of monetary policy in the US: Positive vs. negative or big vs. small?
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra View citations (9)

1996

35. A Reconsideration of the Empirical Evidence on the Asymmetric Effects of Money-Supply Shocks: Positive vs. Negative or Big vs. Small?
    Economics Working Papers, School of Economics and Management, University of Aarhus View citations (8)
    Also in Archive Discussion Papers, Birkbeck, Department of Economics, Mathematics & Statistics (1996) View citations (4)
36. Permanent and transitory shocks, and the UK business cycle
    Discussion Paper Series In Economics And Econometrics, University of Southampton, Economics Division, School of Social Sciences View citations (6)
    See also Journal Article in Journal of Applied Econometrics (1997)

1995

37. International consumption risk sharing
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra View citations (1)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (1994)
    See also Journal Article in International Economic Review (1996)
38. Minimum Wages: Curse or Blessing?
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (5)
39. Schooling, Training, Growth and Minimum Wages
    Economics Working Papers, School of Economics and Management, University of Aarhus View citations (3)
    See also Journal Article in Scandinavian Journal of Economics (1999)

1992

40. Business Cycles in the U.K.: A Small Open Economy in the Interdependent World
    Economics Working Papers, School of Economics and Management, University of Aarhus View citations (5)
41. Labour Migration: A Strategic Approach
    Economics Working Papers, School of Economics and Management, University of Aarhus
42. The Effects of labour Turnover Costs in a Two Sided Search Model
    Economics Working Papers, School of Economics and Management, University of Aarhus
43. The use of recursive variance plots: a note
    Discussion Paper Series In Economics And Econometrics, University of Southampton, Economics Division, School of Social Sciences

1991

44. Contemporary Macroeconomics Fluctuations: An International Perspective
    Economics Working Papers, School of Economics and Management, University of Aarhus View citations (17)
45. Univariate Detrending of Macroeconomic Time Series
    Economics Working Papers, School of Economics and Management, University of Aarhus View citations (2)

1990

46. The Cross Country Correlation of Consumption in a Two Sector Real Business Cycle Model
    Economics Working Papers, School of Economics and Management, University of Aarhus View citations (1)

Journal Articles

2012

1. Consumption, government spending, and the real exchange rate
   Journal of Monetary Economics, 2012, 59, (3), 215-234 View citations (2)
2. Empirical Evidence on the Aggregate Effects of Anticipated and Unanticipated US Tax Policy Shocks
   American Economic Journal: Economic Policy, 2012, 4, (2), 145-81 View citations (1)
   See also Working Paper (2010)

2011

3. Leverage and the Financial Accelerator in a Liquidity Trap
   American Economic Review, 2011, 101, (3), 413-16 View citations (5)
4. The Research Agenda: Karel Mertens and Morten Ravn on Fiscal Policy, Anticipation Effects, Expectations and Crisis
   EconomicDynamics Newsletter, 2011, 12, (2)
5. Understanding the Aggregate Effects of Anticipated and Unanticipated Tax Policy Shocks
   Review of Economic Dynamics, 2011, 14, (1), 27-54 View citations (2)
   See also Working Paper (2010)
   Working Paper (2009)
   Software Item (2010)

2010

6. Deep habits and the dynamic effects of monetary policy shocks
   Journal of the Japanese and International Economies, 2010, 24, (2), 236-258 View citations (5)
   See also Working Paper (2009)
7. Incomplete Cost Pass-Through Under Deep Habits
   Review of Economic Dynamics, 2010, 13, (2), 317-332 View citations (1)
   Also in Proceedings, 2008 (2008)
   See also Working Paper (2008)
   Software Item (2010)
8. Measuring the Impact of Fiscal Policy in the Face of Anticipation: A Structural VAR Approach
   Economic Journal, 2010, 120, (544), 393-413 View citations (24)
   See also Working Paper (2009)
9. One TV, One Price?
   Scandinavian Journal of Economics, 2010, 112, (4), 753-781 View citations (1)
   See also Working Paper (2009)

2008

10. Labor Market Dynamics and the Business Cycle: Structural Evidence for the United States
    Scandinavian Journal of Economics, 2008, 109, (4), 743-777 View citations (16)
    See also Working Paper (2007)
11. MACROECONOMICS OF SUBSISTENCE POINTS
    Macroeconomic Dynamics, 2008, 12, (S1), 136-147 View citations (2)
    See also Working Paper (2008)

2007

12. Pricing to Habits and the Law of One Price
    American Economic Review, 2007, 97, (2), 232-238 View citations (1)
    See also Working Paper (2007)

2005

13. Markov switching causality and the money-output relationship
    Journal of Applied Econometrics, 2005, 20, (5), 665-683 View citations (18)
    See also Working Paper (2003)
14. PPP Strikes Back: Aggregation and the Real Exchange Rate
    The Quarterly Journal of Economics, 2005, 120, (1), 1-43 View citations (144)
    See also Working Paper (2005)

2004

15. Asymmetric effects of monetary policy in the United States
    Review, 2004, (Sep), 41-60 View citations (19)
16. International business cycles: the quantitative role of transportation costs
    Journal of International Money and Finance, 2004, 23, (4), 645-671 View citations (25)
    See also Working Paper (2002)

2003

17. Nonlinearities and Real Exchange Rate Dynamics
    Journal of the European Economic Association, 2003, 1, (2-3), 639-649 View citations (29)
    See also Working Paper (2003)

2002

18. On adjusting the Hodrick-Prescott filter for the frequency of observations
    The Review of Economics and Statistics, 2002, 84, (2), 371-375 View citations (157)
    See also Working Paper (2002)

2000

19. The Macroeconomic Effects of German Unification: Real Adjustments and the Welfare State
    Review of Economic Dynamics, 2000, 3, (3), 423-460 View citations (14)
    See also Working Paper (2000)

1999

20. Schooling, Training, Growth and Minimum Wages
    Scandinavian Journal of Economics, 1999, 101, (3), 441-57 View citations (4)
    See also Working Paper (1995)

1997

21. International business cycles in theory and in practice
    Journal of International Money and Finance, 1997, 16, (2), 255-283 View citations (13)
22. Permanent and Transitory Shocks, and the UK Business Cycle
    Journal of Applied Econometrics, 1997, 12, (1), 27-48 View citations (9)
    See also Working Paper (1996)

1996

23. International Consumption Risk Sharing
    International Economic Review, 1996, 37, (3), 573-601 View citations (51)
    See also Working Paper (1995)

1995

24. Stylized facts and regime changes: Are prices procyclical?
    Journal of Monetary Economics, 1995, 36, (3), 497-526 View citations (25)

1993

25. Growth, Human Capital Spillovers and International Policy Coordination
    Scandinavian Journal of Economics, 1993, 95, (4), 495-515 View citations (3)

1992

26. Business Cycles in the United Kingdom: Facts and Fictions
    Economica, 1992, 59, (236), 383-401 View citations (38)

Chapters

2010

1. Technology - Hours Redux: Tax Changes and the Measurement of Technology Shocks
   A chapter in NBER International Seminar on Macroeconomics 2010, 2010, pp 41-76
   See also Working Paper (2010)

2008

2. The Consumption-Tightness Puzzle
   A chapter in NBER International Seminar on Macroeconomics 2006, 2008, pp 9-63 View citations (14)
   See also Working Paper (2006)

Software Items

2010

1. Code and data files for "Understanding the Aggregate Effects of Anticipated and Unanticipated Tax Policy Shocks"
   Computer Codes, Review of Economic Dynamics
   See also Journal Article in Review of Economic Dynamics (2011)
2. Code file for "Incomplete cost pass-through under deep habits"
   Computer Codes, Review of Economic Dynamics
   See also Journal Article in Review of Economic Dynamics (2010)

2001

3. GAUSS code for the HP-filter reformulated as a constrained minimization problem
   QM&RBC Codes, Quantitative Macroeconomics & Real Business Cycles
   See also Working Paper (2004)

1994

4. GAUSS code for solving for the decision rules using a Ricatti Equation approach
   QM&RBC Codes, Quantitative Macroeconomics & Real Business Cycles

Undated

5. Alternate GAUSS program for the Hodrick-Prescott Filter
   QM&RBC Codes, Quantitative Macroeconomics & Real Business Cycles
6. GAUSS code for Backus-Kehoe-Kydland
   QM&RBC Codes, Quantitative Macroeconomics & Real Business Cycles
7. GAUSS code for Mehra-Prescott
   QM&RBC Codes, Quantitative Macroeconomics & Real Business Cycles
8. GAUSS program for Hodrick-Prescott filter
   QM&RBC Codes, Quantitative Macroeconomics & Real Business Cycles
9. King-Plosser-Rebelo GAUSS programmes
   QM&RBC Codes, Quantitative Macroeconomics & Real Business Cycles