Details about Julio Rotemberg

E-mail:
Workplace:	Business, Government and the International Economy (BGIE) Unit, Harvard Business School, Harvard University, (more information at EDIRC)

Access statistics for papers by Julio Rotemberg.

Last updated 2010-05-09. Update your information in the RePEc Author Service.

Short-id: pro30

---

Jump to Journal Articles Books Edited books Chapters Software Items Editor

Working Papers

2012

1. Prominent Job Advertisements, Group Learning and Wage Dispersion
   NBER Working Papers, National Bureau of Economic Research, Inc

2011

2. Charitable Giving When Altruism and Similarity are Linked
   NBER Working Papers, National Bureau of Economic Research, Inc

2010

3. A Behavioral Model of Demandable Deposits and its Implications for Financial Regulation
   NBER Working Papers, National Bureau of Economic Research, Inc
4. Persuasion and empathy in salesperson-customer interactions
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
5. Quality Provision, Expected Firm Altruism and Brand Extensions
   NBER Working Papers, National Bureau of Economic Research, Inc

2009

6. Altruistic Dynamic Pricing with Customer Regret
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)

2008

7. Attitude-Dependent Altruism, Turnout and Voting
   NBER Working Papers, National Bureau of Economic Research, Inc
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2005)
   See also Journal Article in Public Choice (2009)
8. Behavioral Aspects of Price Setting, and Their Policy Implications
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
9. Liquidity Needs in Economies with Interconnected Financial Obligations
   NBER Working Papers, National Bureau of Economic Research, Inc
10. Minimally Altruistic Wages and Unemployment in a Matching Model
    NBER Working Papers, National Bureau of Economic Research, Inc
    Also in Working Papers, Federal Reserve Bank of Boston (2007) View citations (1)

2006

11. Cyclical Wages in a Search-and-Bargaining Model with Large Firms
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (28)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2006) View citations (30)
    Working Papers, Federal Reserve Bank of Boston (2006) View citations (12)
    See also Chapter (2008)
    Journal Article in Proceedings (2006)
12. Minimally acceptable altruism and the ultimatum game
    Working Papers, Federal Reserve Bank of Boston View citations (2)
    See also Journal Article in Journal of Economic Behavior & Organization (2008)

2004

13. Fair Pricing
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (21)

2002

14. Customer Anger at Price Increases, Time Variation in the Frequency of Price Changes and Monetary Policy
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (25)
15. Stochastic Technical Progress, Nearly Smooth Trends and Distinct Business Cycles
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)

2000

16. Commercial Policy with Altruistic Voters
    NBER Working Papers, National Bureau of Economic Research, Inc
    See also Journal Article in Journal of Political Economy (2003)

1999

17. A Heuristic Method for Extracting Smooth Trends from Economic Time Series
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (18)
    See also Software Item (1999)
18. The Cyclical Behavior of Prices and Costs
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (173)
    See also Chapter (1999)

1998

19. An Optimization-Based Econometric Framework for the Evaluation of Monetary Policy: Expanded Version
    NBER Technical Working Papers, National Bureau of Economic Research, Inc View citations (159)
20. Cyclical Movements in Wages and Consumption in a Bargaining Model of Unemployment
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
21. Interest-Rate Rules in an Estimated Sticky Price Model
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (144)
    See also Chapter (1999)

1996

22. Imperfect Competition and the Effects of Energy Price Increases on Economic Activity
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (151)
    See also Journal Article in Journal of Money, Credit and Banking (1996)
23. Money, Output and Prices: Evidence from A New Monetary Aggregate
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (10)
    Also in Working papers, Massachusetts Institute of Technology (MIT), Department of Economics (1991) View citations (4)
    See also Journal Article in Journal of Business & Economic Statistics (1995)
24. Perceptions of Equity and the Distribution of Income
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
    See also Journal Article in Journal of Labor Economics (2002)

1994

25. Is the Business Cycles a Necessary Consequence of Stochastic Growth?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
26. Prices, Output and Hours: An Empirical Analysis Based on a Sticky Price Model
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
    See also Journal Article in Journal of Monetary Economics (1996)

1993

27. Dynamic General Equilibrium Models with Imperfectly Competitive Product Markets
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (92)
28. Energy Taxes and Aggregate Economic Activity
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
    See also Chapter (1994)

1990

29. Competition and Human Capital Accumulation: A Theory of Interregional Specialization and Trade
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (13)
    See also Journal Article in Regional Science and Urban Economics (2000)
30. Cyclical Markups: Theories and Evidence
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (9)
31. Do Stock Prices Move Together Too Much?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
32. Inflation And Taxation With Optimizing Governments
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (20)
    Also in Working papers, Massachusetts Institute of Technology (MIT), Department of Economics (1989)
    See also Journal Article in Journal of Money, Credit and Banking (1990)
33. Target Zones with Limited Reserves
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (13)

1989

34. Exchange Rate Dynamics with Sticky Prices: The Deutsch Mark, 1974-1982
    NBER Working Papers, National Bureau of Economic Research, Inc
    See also Journal Article in Journal of Business & Economic Statistics (1989)
35. Oligopolistic Pricing and the Effects of Aggregate Demand on Economic Activity
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
    See also Journal Article in Journal of Political Economy (1992)

1988

36. Labor Hoarding, Inflexible Prices, and Procyclical Productivity
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
37. Money in the Utility Function: An Empirical Implementation
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (10)
    Also in Working papers, Massachusetts Institute of Technology (MIT), Department of Economics (1986) View citations (7)
38. Sovereign Debt Buybacks Can Lower Bargaining Costs
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
    See also Journal Article in Journal of International Money and Finance (1991)
39. The Excess Co-Movement of Commodity Prices
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
    Also in Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management (1987)
    See also Journal Article in Economic Journal (1990)

1987

40. A Tax-Based Test for Nominal Rigidities
    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 American Economic Review (1986)

1986

41. Intertemporal Substitution in Macroeconomics
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (15)
    See also Journal Article in The Quarterly Journal of Economics (1985)
42. Price Leadership
    Working papers, Massachusetts Institute of Technology (MIT), Department of Economics View citations (1)
    Also in Working papers, Massachusetts Institute of Technology (MIT), Department of Economics (1985)
43. Quotas and the Stability of Implicit Collusion
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
    Also in Working papers, Massachusetts Institute of Technology (MIT), Department of Economics (1986) View citations (3)
44. The Relative Rigidity of Monopoly Pricing
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
    Also in Working papers, Massachusetts Institute of Technology (MIT), Department of Economics (1986) View citations (3)
    See also Journal Article in American Economic Review (1987)

1985

45. Are Imports to Blame?: Attribution of Injury Under the 1974 Trade Act
    NBER Working Papers, National Bureau of Economic Research, Inc
    See also Journal Article in Journal of Law and Economics (1987)
46. Strategic Inventories and the Excess Volatility of Production
    Working papers, Massachusetts Institute of Technology (MIT), Department of Economics

1984

47. A Supergame-Theoretic Model of Business Cycles and Price Wars During Booms
    Working papers, Massachusetts Institute of Technology (MIT), Department of Economics View citations (2)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1984) View citations (18)

1982

48. A Monetary Equilibrium Model with Transactions Costs
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
    See also Journal Article in Journal of Political Economy (1984)
49. Dynamic Factor Demands Under Rational Expectations
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
    Also in Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management (1982) View citations (1)
    See also Journal Article in Scandinavian Journal of Economics (1983)
50. Money and the Terms of Trade
    NBER Working Papers, National Bureau of Economic Research, Inc
    See also Journal Article in Journal of International Economics (1985)

1979

51. International Adjustment with Wage Rigidity
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
    See also Chapter (1991)
    Journal Article in European Economic Review (1980)

Journal Articles

2009

1. Attitude-dependent altruism, turnout and voting
   Public Choice, 2009, 140, (1), 223-244 View citations (3)
   See also Working Paper (2008)

2008

2. Minimally acceptable altruism and the ultimatum game
   Journal of Economic Behavior & Organization, 2008, 66, (3-4), 457-476 View citations (16)
   See also Working Paper (2006)
3. Minimally altruistic wages and unemployment in a matching model with monopsony
   Journal of Monetary Economics, 2008, 55, (Supplement 1), S97-S110 View citations (1)
4. The determination of weekly hours of work: A comment on Christoffel and Kuester's "Resuscitating the wage channel in models with unemployment fluctuations"
   Journal of Monetary Economics, 2008, 55, (5), 888-891 View citations (1)

2007

5. The Persistence of Inflation Versus That of Real Marginal Cost in the New Keynesian Model
   Journal of Money, Credit and Banking, 2007, 39, (1), 237-239 View citations (1)

2006

6. Cyclical wages in a search-and-bargaining model with large firms
   Proceedings, 2006 View citations (28)
   See also Chapter (2008)
   Working Paper (2006)

2005

7. Commentary on "reexamining the monetarist critique of interest rate rule"
   Review, 2005, (Jul), 531-536
8. Customer anger at price increases, changes in the frequency of price adjustment and monetary policy
   Journal of Monetary Economics, 2005, 52, (4), 829-852 View citations (48)

2003

9. Commercial Policy with Altruistic Voters
   Journal of Political Economy, 2003, 111, (1), 174-201 View citations (10)
   See also Working Paper (2000)
10. Stochastic Technical Progress, Smooth Trends, and Nearly Distinct Business Cycles
    American Economic Review, 2003, 93, (5), 1543-1559 View citations (28)

2002

11. Perceptions of Equity and the Distribution of Income
    Journal of Labor Economics, 2002, 20, (2), 249-288 View citations (9)
    See also Working Paper (1996)

2000

12. Competition and human capital accumulation: a theory of interregional specialization and trade
    Regional Science and Urban Economics, 2000, 30, (4), 373-404 View citations (33)
    See also Working Paper (1990)
13. Visionaries, Managers, and Strategic Direction
    RAND Journal of Economics, 2000, 31, (4), 693-716 View citations (17)

1999

14. Process- Versus Function-Based Hierarchies
    Journal of Economics & Management Strategy, 1999, 8, (4), 453-487 View citations (2)

1997

15. Towards a compact, empirically-verified rational expectations model for monetary policy analysis: A comment
    Carnegie-Rochester Conference Series on Public Policy, 1997, 47, (1), 231-241 View citations (1)

1996

16. Imperfect Competition and the Effects of Energy Price Increases on Economic Activity
    Journal of Money, Credit and Banking, 1996, 28, (4), 550-77 View citations (141)
    See also Working Paper (1996)
17. Prices, output, and hours: An empirical analysis based on a sticky price model
    Journal of Monetary Economics, 1996, 37, (3), 505-533 View citations (80)
    See also Working Paper (1994)
18. Real-Business-Cycle Models and the Forecastable Movements in Output, Hours, and Consumption
    American Economic Review, 1996, 86, (1), 71-89 View citations (66)

1995

19. Business Formation and Cyclical Markups in the French Business Cycle
    Annales d'Economie et de Statistique, 1995, (37-38), 411-440 View citations (5)
20. Environmental taxes on intermediate and final goods when both can be imported
    International Tax and Public Finance, 1995, 2, (2), 221-228 View citations (16)
21. Inside Money, Outside Money, and Short-Term Interest Rates: Comment
    Journal of Money, Credit and Banking, 1995, 27, (4), 1397-1401 View citations (1)
22. Money, Output, and Prices: Evidence from a New Monetary Aggregate
    Journal of Business & Economic Statistics, 1995, 13, (1), 67-83 View citations (31)
    See also Working Paper (1996)
23. Overt Interfunctional Conflict (and its Reduction Through Business Strategy)
    RAND Journal of Economics, 1995, 26, (4), 630-653 View citations (9)

1994

24. Benefits of Narrow Business Strategies
    American Economic Review, 1994, 84, (5), 1330-49 View citations (39)
25. Human Relations in the Workplace
    Journal of Political Economy, 1994, 102, (4), 684-717 View citations (90)
26. Shocks: A comment
    Carnegie-Rochester Conference Series on Public Policy, 1994, 41, (1), 365-371 View citations (1)

1993

27. Power in Profit-Maximizing Organizations
    Journal of Economics & Management Strategy, 1993, 2, (2), 165-98 View citations (7)
28. The Comovement of Stock Prices
    The Quarterly Journal of Economics, 1993, 108, (4), 1073-1104 View citations (32)

1992

29. Oligopolistic Pricing and the Effects of Aggregate Demand on Economic Activity
    Journal of Political Economy, 1992, 100, (6), 1153-1207 View citations (251)
    See also Working Paper (1989)

1991

30. A Theory of Inefficient Intrafirm Transactions
    American Economic Review, 1991, 81, (1), 191-209 View citations (1)
31. Sovereign debt buybacks can lower bargaining costs
    Journal of International Money and Finance, 1991, 10, (3), 330-348 View citations (6)
    See also Working Paper (1988)

1990

32. Collusive Price Leadership
    Journal of Industrial Economics, 1990, 39, (1), 93-111 View citations (19)
33. Inflation and Taxation with Optimizing Governments
    Journal of Money, Credit and Banking, 1990, 22, (1), 1-18 View citations (23)
    See also Working Paper (1990)
34. Inflexible Prices and Procyclical Productivity
    The Quarterly Journal of Economics, 1990, 105, (4), 851-74 View citations (26)
35. Shareholder-Value Maximization and Product-Market Competition
    Review of Financial Studies, 1990, 3, (3), 367-91 View citations (6)
36. The Excess Co-movement of Commodity Prices
    Economic Journal, 1990, 100, (403), 1173-89 View citations (58)
    See also Working Paper (1988)

1989

37. Comments 'comparative estimates of a macroeconomic disequilibrium model: France, Germany, the U.K. and the U.S.A.' by Guy Laroque
    European Economic Review, 1989, 33, (5), 989-993
38. Exchange-Rate Dynamics with Sticky Prices: The Deutsche Mark, 1974-1982
    Journal of Business & Economic Statistics, 1989, 7, (2), 169-78
    See also Working Paper (1989)
39. Tariffs vs Quotas with Implicit Collusion
    Canadian Journal of Economics, 1989, 22, (2), 237-44 View citations (17)
40. The Cyclical Behavior of Strategic Inventories
    The Quarterly Journal of Economics, 1989, 104, (1), 73-97 View citations (14)

1987

41. Are Imports to Blame? Attribution of Injury under the 1974 Trade Act
    Journal of Law and Economics, 1987, 30, (1), 101-22 View citations (6)
    See also Working Paper (1985)
42. Export promotion as a development strategy
    Journal of Development Economics, 1987, 26, (2), 343-355 View citations (1)
43. The Relative Rigidity of Monopoly Pricing
    American Economic Review, 1987, 77, (5), 917-26 View citations (33)
    See also Working Paper (1986)

1986

44. A Supergame-Theoretic Model of Price Wars during Booms
    American Economic Review, 1986, 76, (3), 390-407 View citations (229)
45. A Tax-Based Test for Nominal Rigidities
    American Economic Review, 1986, 76, (4), 659-75 View citations (10)
    See also Working Paper (1987)
46. Is there a cyclical time unit? A comment
    Carnegie-Rochester Conference Series on Public Policy, 1986, 24, (1), 49-53

1985

47. Intertemporal Substitution in Macroeconomics
    The Quarterly Journal of Economics, 1985, 100, (1), 225-51 View citations (141)
    See also Working Paper (1986)
48. Money and the terms of trade
    Journal of International Economics, 1985, 19, (1-2), 141-160 View citations (7)
    See also Working Paper (1982)
49. The efficiency of equilibrium traffic flows
    Journal of Public Economics, 1985, 26, (2), 191-205 View citations (8)

1984

50. A Monetary Equilibrium Model with Transactions Costs
    Journal of Political Economy, 1984, 92, (1), 40-58 View citations (66)
    See also Working Paper (1982)
51. Interpreting the Statistical Failures of Some Rational Expectations Macroeconomic Models
    American Economic Review, 1984, 74, (2), 188-93 View citations (5)

1983

52. Aggregate Consequences of Fixed Costs of Price Adjustment [Sticky Prices and Disequilibrium Adjustment in a Rational Model of the Inflationary Process]
    American Economic Review, 1983, 73, (3), 433-36 View citations (4)
53. Dynamic Factor Demands and the Effects of Energy Price Shocks
    American Economic Review, 1983, 73, (5), 1066-79 View citations (78)
54. Dynamic Factor Demands under Rational Expectations
    Scandinavian Journal of Economics, 1983, 85, (2), 223-38 View citations (22)
    See also Working Paper (1982)
55. Monetary policy and costs of price adjustment
    Journal of Economic Dynamics and Control, 1983, 5, (1), 267-288 View citations (3)
56. Supply Shocks, Sticky Prices, and Monetary Policy
    Journal of Money, Credit and Banking, 1983, 15, (4), 489-98 View citations (4)

1982

57. Monopolistic Price Adjustment and Aggregate Output
    Review of Economic Studies, 1982, 49, (4), 517-31 View citations (257)
58. Sticky Prices in the United States
    Journal of Political Economy, 1982, 90, (6), 1187-1211 View citations (421)

1980

59. International adjustment with wage rigidity
    European Economic Review, 1980, 13, (3), 309-332 View citations (24)
    See also Chapter (1991)
    Working Paper (1979)

Books

2000

1. NBER Macroeconomics Annual 1999, Volume 14
   NBER Books, National Bureau of Economic Research, Inc View citations (1)

1999

2. NBER Macroeconomics Annual 1998, volume 13
   NBER Books, National Bureau of Economic Research, Inc

1997

3. NBER Macroeconomics Annual 1997, Volume 12
   NBER Books, National Bureau of Economic Research, Inc View citations (15)

1996

4. NBER Macroeconomics Annual 1995, Volume 10
   NBER Books, National Bureau of Economic Research, Inc View citations (1)
5. NBER Macroeconomics Annual 1996, Volume 11
   NBER Books, National Bureau of Economic Research, Inc

1994

6. NBER Macroeconomics Annual 1994, Volume 9
   NBER Books, National Bureau of Economic Research, Inc View citations (1)

Edited books

2000

1. NBER Macroeconomics Annual 1999, vol 1
   MIT Press Books, The MIT Press

1999

2. NBER Macroeconomics Annual 1998, vol 1
   MIT Press Books, The MIT Press

1997

3. NBER Macroeconomics Annual 1997, vol 1
   MIT Press Books, The MIT Press

1996

4. NBER Macroeconomics Annual 1996, vol 1
   MIT Press Books, The MIT Press

Chapters

2012

1. Comment on "Testing for Keynesian Labor Demand"
   A chapter in NBER Macroeconomics Annual 2012, Volume 27, 2012

2008

2. Comment on "Monetary Policy and Business Cycles with Endogenous Entry and Product Variety"
   A chapter in NBER Macroeconomics Annual 2007, Volume 22, 2008, pp 367-375
3. Cyclical Wages in a Search-and-Bargaining Model with Large Firms
   A chapter in NBER International Seminar on Macroeconomics 2006, 2008, pp 65-114 View citations (5)
   See also Working Paper (2006)
   Journal Article in Proceedings (2006)

2007

4. Comment on "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, pp 421-428 View citations (3)

2006

5. Altruism, reciprocity and cooperation in the workplace
   Elsevier View citations (7)

2000

6. Editorial in "NBER Macroeconomics Annual 1999, Volume 14"
   A chapter in NBER Macroeconomics Annual 1999, Volume 14, 2000, pp 1-6

1999

7. Interest Rate Rules in an Estimated Sticky Price Model
   A chapter in Monetary Policy Rules, 1999, pp 57-126 View citations (315)
   See also Working Paper (1998)
8. The cyclical behavior of prices and costs
   Chapter 16 in Handbook of Macroeconomics, 1999, vol. 1, Part B, pp 1051-1135 View citations (171)
   See also Working Paper (1999)

1997

9. An Optimization-Based Econometric Framework for the Evaluation of Monetary Policy
   A chapter in NBER Macroeconomics Annual 1997, Volume 12, 1997, pp 297-361 View citations (742)
10. Editorial in "NBER Macroeconomics Annual 1997, Volume 12"
    A chapter in NBER Macroeconomics Annual 1997, Volume 12, 1997, pp 1-6 View citations (13)

1996

11. Editorial in "NBER Macroeconomics Annual 1996, Volume 11"
    A chapter in NBER Macroeconomics Annual 1996, Volume 11, 1996, pp 1-6

1995

12. Editorial in "NBER Macroeconomics Annual 1995, Volume 10"
    A chapter in NBER Macroeconomics Annual 1995, Volume 10, 1995, pp 1-8

1994

13. Editorial in "NBER Macroeconomics Annual 1994, Volume 9"
    A chapter in NBER Macroeconomics Annual 1994, Volume 9, 1994, pp 1-8 View citations (1)
14. Energy Taxes and Aggregate Economic Activity
    A chapter in Tax Policy and the Economy, Volume 8, 1994, pp 159-195 View citations (2)
    See also Working Paper (1993)

1991

15. International Adjustment with Wage Rigidity
    A chapter in International Volatility and Economic Growth: The First Ten Years of The International Seminar on Macroeconomics, 1991, pp 13-44
    Also in A chapter in International Seminar on Macroeconomics, 1981, pp 309-332 (1981)
    See also Working Paper (1979)
    Journal Article in European Economic Review (1980)
16. Markups and the Business Cycle
    A chapter in NBER Macroeconomics Annual 1991, Volume 6, 1991, pp 63-140 View citations (101)

1987

17. The New Keynesian Microfoundations
    A chapter in NBER Macroeconomics Annual 1987, Volume 2, 1987, pp 69-116 View citations (98)

Software Items

1999

1. Matlab code for A Method for Decomposing Time Series into Trend and Cycle Components
   QM&RBC Codes, Quantitative Macroeconomics & Real Business Cycles
   See also Working Paper (1999)

Editor

1. The Review of Economics and Statistics
   MIT Press