Details about Susanto Basu

E-mail:
Homepage:	http://fmwww.bc.edu/ec/Basu.php
Postal address:	Department of Economics Boston College 140 Commonwealth Avenue Chestnut Hill, MA 02467-3806
Workplace:	Department of Economics, Boston College, (more information at EDIRC) National Bureau of Economic Research (NBER), (more information at EDIRC)

Access statistics for papers by Susanto Basu.

Last updated 2015-11-14. Update your information in the RePEc Author Service.

Short-id: pba274

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Working Papers

2021

1. Risky Business Cycles
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
   Also in Boston College Working Papers in Economics, Boston College Department of Economics (2021) View citations (6)

2019

2. Are Price-Cost Markups Rising in the United States? A Discussion of the Evidence
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (84)

2018

3. Uncertainty Shocks in a Model of Effective Demand: Reply
   Research Working Paper, Federal Reserve Bank of Kansas City View citations (5)

2017

4. Should Central Banks Target Investment Prices?
   Boston College Working Papers in Economics, Boston College Department of Economics View citations (3)

2016

5. Allocative and Remitted Wages: New Facts and Challenges for Keynesian Models
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (27)
6. Productivity and the Welfare of Nations
   Boston College Working Papers in Economics, Boston College Department of Economics View citations (7)
   Also in 2014 Meeting Papers, Society for Economic Dynamics (2014)
   NBER Working Papers, National Bureau of Economic Research, Inc (2012) View citations (18)
   Working Papers, Barcelona School of Economics (2012) View citations (19)
   Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (2012) View citations (19)
   Policy Research Working Paper Series, The World Bank (2012) View citations (13)
   IZA Discussion Papers, Institute of Labor Economics (IZA) (2012) View citations (19)

2015

7. Endogenous Volatility at the Zero Lower Bound: Implications for Stabilization Policy
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (30)
   Also in Research Working Paper, Federal Reserve Bank of Kansas City (2015) View citations (29)
8. Uncertainty Shocks in a Model of Effective Demand
   Boston College Working Papers in Economics, Boston College Department of Economics View citations (112)
   Also in Research Working Paper, Federal Reserve Bank of Kansas City (2014) View citations (10)
   NBER Working Papers, National Bureau of Economic Research, Inc (2012) View citations (182)
   Working Papers, Federal Reserve Bank of Boston (2012) View citations (127)

2014

9. Whither News Shocks?
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (52)
   See also Journal Article in NBER Macroeconomics Annual (2015)
   Chapter (2014)

2013

10. Technological progress, the \"user cost of money,\" and the real output of banks
    Working Papers, Federal Reserve Bank of Boston View citations (2)

2012

11. Technology Shocks in a Two-Sector DSGE Model
    2012 Meeting Papers, Society for Economic Dynamics View citations (10)

2010

12. Productivity, Welfare and Reallocation: Theory and Firm Level Evidence
    Boston College Working Papers in Economics, Boston College Department of Economics View citations (8)
    Also in Working Papers, Federal Reserve Bank of Boston (2009) View citations (18)
    Policy Research Working Paper Series, The World Bank (2010) View citations (11)
    NBER Working Papers, National Bureau of Economic Research, Inc (2009) View citations (18)
    IZA Discussion Papers, Institute of Labor Economics (IZA) (2009) View citations (18)
13. Some Evidence on the Importance of Sticky Wages
    Boston College Working Papers in Economics, Boston College Department of Economics View citations (105)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2010) View citations (68)
    IZA Discussion Papers, Institute of Labor Economics (IZA) (2010) View citations (66)
    Working Papers, Federal Reserve Bank of Boston (2010) View citations (39)
    See also Journal Article in American Economic Journal: Macroeconomics (2014)

2009

14. Contractionary technology improvements in multi-sector DSGE models
    2009 Meeting Papers, Society for Economic Dynamics
15. What do we know and not know about potential output?
    Working Paper Series, Federal Reserve Bank of San Francisco View citations (18)
    See also Journal Article in Review (2009)

2008

16. A General-Equilibrium Asset-Pricing Approach to the Measurement of Nominal and Real Bank Output
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (11)
    Also in Working Papers, Federal Reserve Bank of Boston (2004) View citations (25)
    See also Chapter (2009)
17. Risk Bearing, Implicit Financial Services and Specialization in the Financial Industry
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
    Also in Public Policy Discussion Paper, Federal Reserve Bank of Boston (2005) View citations (9)
18. The Value of Risk: Measuring the Service Output of U.S. Commercial Banks
    GGDC Research Memorandum, Groningen Growth and Development Centre, University of Groningen View citations (1)
    Also in Working Papers, Federal Reserve Bank of Boston (2008) View citations (13)
    NBER Working Papers, National Bureau of Economic Research, Inc (2008) View citations (4)
    See also Journal Article in Economic Inquiry (2011)

2006

19. Information and communications technology as a general-purpose technology: evidence from U.S industry data
    Working Paper Series, Federal Reserve Bank of San Francisco View citations (9)
    See also Journal Article in Economic Review (2008)

2005

20. New Evidence on Durable Goods Biased Technological Change
    2005 Meeting Papers, Society for Economic Dynamics

2004

21. Are Technology Improvements Contractionary?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (133)
    Also in International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (1998) View citations (70)
    Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research (2002) View citations (62)
    Working Paper Series, Federal Reserve Bank of Chicago (2004) View citations (75)
    See also Journal Article in American Economic Review (2006)

2003

22. The Case of the Missing Productivity Growth: Or, Does Information Technology Explain why Productivity Accelerated in the US but not the UK?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (175)
23. The Case of the Missing Productivity Growth: Or, Does Information technology explain why productivity accelerated in the United States but not the United Kingdom?
    Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research View citations (69)
    Also in Working Paper Series, Federal Reserve Bank of Chicago (2003) View citations (85)
    See also Chapter (2004)

2001

24. Productivity Growth in the 1990s: Technology, Utilization, or Adjustment?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (92)
    Also in Working Paper Series, Federal Reserve Bank of Chicago (2001) View citations (34)
    See also Journal Article in Carnegie-Rochester Conference Series on Public Policy (2001)

2000

25. A Theory of the Reform of Bureaucratic Institutions
    Econometric Society World Congress 2000 Contributed Papers, Econometric Society View citations (10)
26. Why Is Productivity Procyclical? Why Do We Care?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (54)
    Also in Working Paper Series, Federal Reserve Bank of Chicago (2000) View citations (34)
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (1999) View citations (51)
    See also Chapter (2001)

1999

27. Business Cycles in International Historical Perspective
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (113)
    See also Journal Article in Journal of Economic Perspectives (1999)

1998

28. Corruption in Transition
    William Davidson Institute Working Papers Series, William Davidson Institute at the University of Michigan View citations (9)

1997

29. Aggregate productivity and aggregate technology
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (35)
    See also Journal Article in European Economic Review (2002)
30. Cyclical Productivity with Unobserved Input Variation
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (289)

1996

31. Appropriate Technology and Growth
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (11)
    See also Journal Article in The Quarterly Journal of Economics (1998)
32. Corruption and Reform
    William Davidson Institute Working Papers Series, William Davidson Institute at the University of Michigan View citations (4)
33. Returns to scale in U.S. production: estimates and implications
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (123)
    See also Journal Article in Journal of Political Economy (1997)

1995

34. Aggregate Productivity and the Productivity of Aggregates
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (39)
    Also in International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (1995) View citations (35)
35. Are Apparent Productive Spillovers a Figment of Specification Error?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (206)
    Also in Working Papers, Michigan - Center for Research on Economic & Social Theory (1993) View citations (4)
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (1994) View citations (8)
    See also Journal Article in Journal of Monetary Economics (1995)
36. Procyclical Productivity: Increasing Returns or Cyclical Utilization?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
    See also Journal Article in The Quarterly Journal of Economics (1996)

1994

37. Constant returns and small markups in U.S. manufacturing
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (35)
    Also in Working Papers, Michigan - Center for Research on Economic & Social Theory (1993) View citations (25)
38. Intermediate Goods and Business Cycles: Implications for Productivity and Welfare
    NBER Working Papers, National Bureau of Economic Research, Inc
    Also in Working Papers, Michigan - Center for Research on Economic & Social Theory (1993) View citations (2)
    See also Journal Article in American Economic Review (1995)

1993

39. Estimating the Cyclicality of Marginal Costs Directly
    Working Papers, Michigan - Center for Research on Economic & Social Theory
40. Procyclical Productivity: Overhead Inputs or Cyclical Utilization
    Working Papers, Michigan - Center for Research on Economic & Social Theory View citations (9)

1989

41. Optimal Advice for Monetary Policy
    NBER Working Papers, National Bureau of Economic Research, Inc
    See also Journal Article in Journal of Money, Credit and Banking (1990)

Journal Articles

2015

1. Average-cost pricing: Some evidence and implications
   European Economic Review, 2015, 79, (C), 281-296 View citations (6)
2. Whither News Shocks?
   NBER Macroeconomics Annual, 2015, 29, (1), 225 - 264 View citations (38)
   See also Working Paper (2014)
   Chapter (2014)

2014

3. Some Evidence on the Importance of Sticky Wages
   American Economic Journal: Macroeconomics, 2014, 6, (1), 70-101 View citations (167)
   See also Working Paper (2010)

2011

4. THE VALUE OF RISK: MEASURING THE SERVICE OUTPUT OF U.S. COMMERCIAL BANKS
   Economic Inquiry, 2011, 49, (1), 226-245 View citations (35)
   See also Working Paper (2008)

2009

5. What do we know (and not know) about potential output?
   Review, 2009, 91, (Jul), 187-214 View citations (13)
   See also Working Paper (2009)

2008

6. Information and communications technology as a general purpose technology: evidence from U.S. industry data
   Economic Review, 2008, 1-15 View citations (13)
   See also Working Paper (2006)

2006

7. Are Technology Improvements Contractionary?
   American Economic Review, 2006, 96, (5), 1418-1448 View citations (494)
   See also Working Paper (2004)

2005

8. Comment on: "Implications of state-dependent pricing for dynamic macroeconomic modeling"
   Journal of Monetary Economics, 2005, 52, (1), 243-247 View citations (13)

2002

9. Aggregate productivity and aggregate technology
   European Economic Review, 2002, 46, (6), 963-991 View citations (192)
   See also Working Paper (1997)

2001

10. Productivity growth in the 1990s: technology, utilization, or adjustment?
    Carnegie-Rochester Conference Series on Public Policy, 2001, 55, (1), 117-165 View citations (92)
    See also Working Paper (2001)

2000

11. Understanding how price responds to costs and production: A comment
    Carnegie-Rochester Conference Series on Public Policy, 2000, 52, (1), 79-85 View citations (6)

1999

12. Business Cycles in International Historical Perspective
    Journal of Economic Perspectives, 1999, 13, (2), 45-68 View citations (116)
    See also Working Paper (1999)

1998

13. Appropriate Technology and Growth
    The Quarterly Journal of Economics, 1998, 113, (4), 1025-1054 View citations (381)
    See also Working Paper (1996)
14. Technology and business cycles; how well do standard models explain the facts?
    Conference Series ; [Proceedings], 1998, 42, (Jun), 207-269 View citations (12)

1997

15. Returns to Scale in U.S. Production: Estimates and Implications
    Journal of Political Economy, 1997, 105, (2), 249-83 View citations (897)
    See also Working Paper (1996)

1996

16. Procyclical Productivity: Increasing Returns or Cyclical Utilization?
    The Quarterly Journal of Economics, 1996, 111, (3), 719-751 View citations (460)
    See also Working Paper (1995)

1995

17. Are apparent productive spillovers a figment of specification error?
    Journal of Monetary Economics, 1995, 36, (1), 165-188 View citations (238)
    See also Working Paper (1995)
18. Intermediate Goods and Business Cycles: Implications for Productivity and Welfare
    American Economic Review, 1995, 85, (3), 512-31 View citations (317)
    See also Working Paper (1994)

1990

19. Optimal Advice for Monetary Policy
    Journal of Money, Credit and Banking, 1990, 22, (1), 19-36 View citations (3)
    See also Working Paper (1989)

Chapters

2022

1. Introduction to "Technology, Productivity, and Economic Growth"
   A chapter in Technology, Productivity, and Economic Growth, 2022

2014

2. Whither News Shocks?
   A chapter in NBER Macroeconomics Annual 2014, Volume 29, 2014, pp 225-264 View citations (48)
   See also Journal Article in NBER Macroeconomics Annual (2015)
   Working Paper (2014)

2009

3. A General-Equilibrium Asset-Pricing Approach to the Measurement of Nominal and Real Bank Output
   A chapter in Price Index Concepts and Measurement, 2009, pp 273-320 View citations (9)
   See also Working Paper (2008)
4. Comment on "Incorporating Financial Services in a Consumer Price Index"
   A chapter in Price Index Concepts and Measurement, 2009, pp 266-271

2004

5. The Case of the Missing Productivity Growth, or Does Information Technology Explain Why Productivity Accelerated in the United States but Not in the United Kingdom?
   A chapter in NBER Macroeconomics Annual 2003, Volume 18, 2004, pp 9-82 View citations (74)
   See also Working Paper (2003)

2001

6. Why Is Productivity Procyclical? Why Do We Care?
   A chapter in New Developments in Productivity Analysis, 2001, pp 225-302 View citations (163)
   See also Working Paper (2000)