Details about Nathan Balke

Homepage:	http://faculty.smu.edu/nbalke/BalkeWebpageindex.htm
Postal address:	Department of Economics Southern Methodist University Dallas, TX 75275
Workplace:	Department of Economics, Southern Methodist University, (more information at EDIRC)

Access statistics for papers by Nathan Balke.

Last updated 2024-11-10. Update your information in the RePEc Author Service.

Short-id: pba121

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Jump to Journal Articles Chapters

Working Papers

2020

1. The Shale Revolution and the Dynamics of the Oil Market
   Working Papers, Federal Reserve Bank of Dallas View citations (1)
   See also Journal Article The Shale Revolution and the Dynamics of the Oil Market, The Economic Journal, Royal Economic Society (2024) View citations (2) (2024)

2017

2. Understanding the Aggregate Effects of Credit Frictions and Uncertainty
   Globalization Institute Working Papers, Federal Reserve Bank of Dallas View citations (4)

2014

3. Fuel subsidies, the oil market and the world economy
   Working Papers, Federal Reserve Bank of Dallas View citations (3)
   See also Journal Article Fuel Subsidies, the Oil Market and the World Economy, The Energy Journal (2015) View citations (2) (2015)

2010

4. Oil Price Shocks and U.S. Economic Activity: An International Perspective
   RFF Working Paper Series, Resources for the Future View citations (22)
   Also in Working Papers, Federal Reserve Bank of Dallas (2010) View citations (13)
5. Stochastic Volatility, Long Run Risks, and Aggregate Stock Market Fluctuations
   BIS Working Papers, Bank for International Settlements View citations (2)

2008

6. An international perspective on oil price shocks and U.S. economic activity
   Globalization Institute Working Papers, Federal Reserve Bank of Dallas View citations (3)

2006

7. Sectoral Price Changes and Output Growth: Supply and Demand in General Equilibrium
   Working Papers, Sam Houston State University, Department of Economics and International Business View citations (4)

2003

8. The relative price effects of monetary shocks
   Working Papers, Federal Reserve Bank of Dallas View citations (6)
   See also Journal Article The relative price effects of monetary shocks, Journal of Macroeconomics, Elsevier (2007) View citations (37) (2007)

2000

9. Low frequency movements in stock prices: a state space decomposition
   Working Papers, Federal Reserve Bank of Dallas
   See also Journal Article Low-Frequency Movements in Stock Prices: A State-Space Decomposition, The Review of Economics and Statistics, MIT Press (2002) View citations (71) (2002)

1999

10. Oil price shocks and the U.S. economy: where does the asymmetry originate?
    Working Papers, Federal Reserve Bank of Dallas View citations (29)
    See also Journal Article Oil Price Shocks and the U.S. Economy: Where Does the Asymmetry Originate?, The Energy Journal, International Association for Energy Economics (2002) View citations (160) (2002)

1998

11. How well does the Beige Book reflect economic activity? Evaluating qualitative information quantitatively
    Working Papers, Federal Reserve Bank of Dallas View citations (3)
    See also Journal Article How Well Does the Beige Book Reflect Economic Activity? Evaluating Qualitative Information Quantitatively, Journal of Money, Credit and Banking, Blackwell Publishing (2002) View citations (32) (2002)

1997

12. Nonlinear dynamics and covered interest rate parity
    Working Papers, Federal Reserve Bank of Dallas View citations (2)
    See also Journal Article Nonlinear dynamics and covered interest rate parity, Empirical Economics, Springer (1998) View citations (65) (1998)

1996

13. An equilibrium analysis of relative price changes and aggregate inflation
    Working Papers, Federal Reserve Bank of Dallas View citations (6)
    See also Journal Article An equilibrium analysis of relative price changes and aggregate inflation, Journal of Monetary Economics, Elsevier (2000) View citations (51) (2000)

1995

14. Are deep recessions followed by strong recoveries? Results for the G-7 countries
    Working Papers, Federal Reserve Bank of Dallas View citations (9)
15. Credit and economic activity: shocks or propagation mechanism?
    Working Papers, Federal Reserve Bank of Dallas View citations (2)

1994

16. The dynamics of recoveries
    Working Papers, Federal Reserve Bank of Dallas View citations (1)

1993

17. Recessions and recoveries in real business cycle models: do real business cycle models generate cyclical behavior?
    Working Papers, Federal Reserve Bank of Dallas
18. The algebra of price stability
    Working Papers, Federal Reserve Bank of Dallas
    Also in Working Papers, Federal Reserve Bank of Dallas (1991)
    See also Journal Article The algebra of price stability, Journal of Macroeconomics, Elsevier (1994) View citations (10) (1994)

1992

19. Are deep recessions followed by strong recoveries?
    Working Papers, Federal Reserve Bank of Dallas View citations (31)
    See also Journal Article Are deep recessions followed by strong recoveries?, Economics Letters, Elsevier (1992) View citations (36) (1992)
20. Threshold cointegration
    Working Papers, Federal Reserve Bank of Dallas View citations (2)
    See also Journal Article Threshold Cointegration, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (1997) View citations (621) (1997)

1991

21. Detecting level shifts in time series: misspecification and a proposed solution
    Working Papers, Federal Reserve Bank of Dallas
22. Large shocks, small shocks, and economic fluctuations: outliers in macroeconomic times series
    Working Papers, Federal Reserve Bank of Dallas View citations (2)
    See also Journal Article Large Shocks, Small Shocks, and Economic Fluctuations: Outliers in Macroeconomic Time Series, Journal of Applied Econometrics, John Wiley & Sons, Ltd. (1994) View citations (106) (1994)

1989

23. Asymmetric information and the role of FED watching
    Working Papers, Federal Reserve Bank of Dallas

1988

24. Augmented information in a theory of ambiguity, credibility and inflation
    Working Papers, Federal Reserve Bank of Dallas
25. The Estimation of Prewar GNP: Methodology and New Evidence
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)

1986

26. The Estimation of Prewar GNP Volatility, 1869-1938
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (11)

Journal Articles

2024

1. The Shale Revolution and the Dynamics of the Oil Market
   The Economic Journal, 2024, 134, (662), 2252-2289 View citations (2)
   See also Working Paper The Shale Revolution and the Dynamics of the Oil Market, Working Papers (2020) View citations (1) (2020)

2021

2. Identifying credit demand, financial intermediation, and supply of funds shocks: A structural VAR approach
   The North American Journal of Economics and Finance, 2021, 56, (C) View citations (4)
3. In no uncertain terms: The effect of uncertainty on credit frictions and monetary policy
   Economic Modelling, 2021, 100, (C) View citations (3)

2018

4. Oil supply shocks and the U.S. economy: An estimated DSGE model
   Energy Policy, 2018, 116, (C), 357-372 View citations (45)

2017

5. Incorporating the Beige Book into a Quantitative Index of Economic Activity
   Journal of Forecasting, 2017, 36, (5), 497-514 View citations (8)

2015

6. A BAYESIAN ANALYSIS OF WEAK IDENTIFICATION IN STOCK PRICE DECOMPOSITIONS
   Macroeconomic Dynamics, 2015, 19, (4), 728-752 View citations (1)
7. Fuel Subsidies, the Oil Market and the World Economy
   The Energy Journal, 2015, 36, (1_suppl), 99-128 View citations (2)
   Also in The Energy Journal, 2015, Volume 36, (Adelman Special Issue) (2015) View citations (13)
   See also Working Paper Fuel subsidies, the oil market and the world economy, Working Papers (2014) View citations (3) (2014)

2013

8. Credit demand, credit supply, and economic activity
   The B.E. Journal of Macroeconomics, 2013, 13, (1), 643-680 View citations (9)
9. The contribution of economic fundamentals to movements in exchange rates
   Journal of International Economics, 2013, 90, (1), 1-16 View citations (50)

2009

10. Market fundamentals versus rational bubbles in stock prices: a Bayesian perspective
    Journal of Applied Econometrics, 2009, 24, (1), 35-75 View citations (16)

2007

11. The relative price effects of monetary shocks
    Journal of Macroeconomics, 2007, 29, (1), 19-36 View citations (37)
    See also Working Paper The relative price effects of monetary shocks, Working Papers (2003) View citations (6) (2003)

2006

12. What Drives Stock Prices? Identifying the Determinants of Stock Price Movements
    Southern Economic Journal, 2006, 73, (1), 55-78 View citations (1)

2002

13. How Well Does the Beige Book Reflect Economic Activity? Evaluating Qualitative Information Quantitatively
    Journal of Money, Credit and Banking, 2002, 34, (1), 114-36 View citations (32)
    See also Working Paper How well does the Beige Book reflect economic activity? Evaluating qualitative information quantitatively, Working Papers (1998) View citations (3) (1998)
14. Low-Frequency Movements in Stock Prices: A State-Space Decomposition
    The Review of Economics and Statistics, 2002, 84, (4), 649-667 View citations (71)
    See also Working Paper Low frequency movements in stock prices: a state space decomposition, Working Papers (2000) (2000)
15. Oil Price Shocks and the U.S. Economy: Where Does the Asymmetry Originate?
    The Energy Journal, 2002, Volume23, (Number 3), 27-52 View citations (160)
    Also in The Energy Journal, 2002, 23, (3), 27-52 (2002) View citations (3)
    See also Working Paper Oil price shocks and the U.S. economy: where does the asymmetry originate?, Working Papers (1999) View citations (29) (1999)

2001

16. Explaining stock price movements: is there a case for fundamentals?
    Economic and Financial Policy Review, 2001, (Q III), 22-34 View citations (21)

2000

17. An equilibrium analysis of relative price changes and aggregate inflation
    Journal of Monetary Economics, 2000, 45, (2), 269-292 View citations (51)
    See also Working Paper An equilibrium analysis of relative price changes and aggregate inflation, Working Papers (1996) View citations (6) (1996)
18. Credit and Economic Activity: Credit Regimes and Nonlinear Propagation of Shocks
    The Review of Economics and Statistics, 2000, 82, (2), 344-349 View citations (278)
19. Evaluating the Eleventh District's Beige Book
    Economic and Financial Policy Review, 2000, (Q IV), 2-10 View citations (4)

1998

20. Crude oil and gasoline prices: an asymmetric relationship?
    Economic and Financial Policy Review, 1998, (Q 1), 2-11 View citations (126)
21. Nonlinear dynamics and covered interest rate parity
    Empirical Economics, 1998, 23, (4), 535-559 View citations (65)
    See also Working Paper Nonlinear dynamics and covered interest rate parity, Working Papers (1997) View citations (2) (1997)

1997

22. Threshold Cointegration
    International Economic Review, 1997, 38, (3), 627-45 View citations (621)
    See also Working Paper Threshold cointegration, Working Papers (1992) View citations (2) (1992)

1996

23. Supply shocks and the distribution of price changes
    Economic and Financial Policy Review, 1996, (Q I), 10-18 View citations (10)

1995

24. Inflation and monetary restraint: too little, too late?
    Southwest Economy, 1995, (Jan), 3-5
25. Recessions and Recoveries in Real Business Cycle Models
    Economic Inquiry, 1995, 33, (4), 640-63 View citations (23)

1994

26. Large Shocks, Small Shocks, and Economic Fluctuations: Outliers in Macroeconomic Time Series
    Journal of Applied Econometrics, 1994, 9, (2), 181-200 View citations (106)
    See also Working Paper Large shocks, small shocks, and economic fluctuations: outliers in macroeconomic times series, Working Papers (1991) View citations (2) (1991)
27. The algebra of price stability
    Journal of Macroeconomics, 1994, 16, (1), 77-97 View citations (10)
    See also Working Paper The algebra of price stability, Working Papers (1993) (1993)
28. The federal funds rate as an indicator of monetary policy: evidence from the 1980s
    Economic and Financial Policy Review, 1994, (Q I), 1-15 View citations (6)
29. Understanding the price puzzle
    Economic and Financial Policy Review, 1994, (Q IV), 15-26 View citations (19)

1993

30. Detecting Level Shifts in Time Series
    Journal of Business & Economic Statistics, 1993, 11, (1), 81-92 View citations (38)
31. Poverty and Change in the Macroeconomy: A Dynamic Macroeconometric Model
    The Review of Economics and Statistics, 1993, 75, (1), 117-22 View citations (11)
32. Recessions and recoveries
    Economic and Financial Policy Review, 1993, (Jan), 1-17 View citations (6)

1992

33. A Theory of Fed Watching in a Macroeconomic Policy Game
    International Economic Review, 1992, 33, (3), 619-28 View citations (7)
34. Are deep recessions followed by strong recoveries?
    Economics Letters, 1992, 39, (2), 183-189 View citations (36)
    See also Working Paper Are deep recessions followed by strong recoveries?, Working Papers (1992) View citations (31) (1992)

1991

35. Infrequent permanent shocks and the finite-sample performance of unit root tests
    Economics Letters, 1991, 36, (3), 269-273 View citations (7)
36. Modeling trends in macroeconomic time series
    Economic and Financial Policy Review, 1991, (May), 19-33 View citations (8)
37. Shifting trends, segmented trends, and infrequent permanent shocks
    Journal of Monetary Economics, 1991, 28, (1), 61-85 View citations (84)

1990

38. The Rational Timing of Parliamentary Elections
    Public Choice, 1990, 65, (3), 201-16 View citations (20)

1989

39. The Estimation of Prewar Gross National Product: Methodology and New Evidence
    Journal of Political Economy, 1989, 97, (1), 38-92 View citations (156)

Chapters

2012

1. Sectoral Effects of Aggregate Shocks
   A chapter in 30th Anniversary Edition, 2012, pp 299-357

1986

2. Appendix B: Historical Data
   A chapter in The American Business Cycle: Continuity and Change, 1986, pp 781-850 View citations (124)