Details about Ricardo J Caballero
Access statistics for papers by Ricardo J Caballero.
Last updated 2022-12-06. Update your information in the RePEc Author Service.
Short-id: pca44
Jump to Journal Articles Books Chapters
Working Papers
2022
- A Monetary Policy Asset Pricing Model
NBER Working Papers, National Bureau of Economic Research, Inc
- A Note on Temporary Supply Shocks with Aggregate Demand Inertia
NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2021)  CESifo Working Paper Series, CESifo (2022) View citations (2)
- Monetary Policy and Asset Price Overshooting: A Rationale for the Wall/Main Street Disconnect
CESifo Working Paper Series, CESifo 
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020) View citations (2) NBER Working Papers, National Bureau of Economic Research, Inc (2020) View citations (2)
2020
- A Model of Endogenous Risk Intolerance and LSAPs: Asset Prices and Aggregate Demand in a "Covid-19" Shock
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (8)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2020) View citations (11)
See also Journal Article in Review of Financial Studies (2021)
- Global Imbalances and Policy Wars at the Zero Lower Bound
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (11)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2015) View citations (27)
- Monetary Policy with Opinionated Markets
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2020) View citations (1)
2019
- A Model of Fickle Capital Flows and Retrenchment
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (5)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2016) View citations (24)
See also Journal Article in Journal of Political Economy (2020)
- A Risk-centric Model of Demand Recessions and Speculation
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (3)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2017) View citations (8)
See also Journal Article in The Quarterly Journal of Economics (2020)
- On the Global Impact of Risk-off Shocks and Policy-put Frameworks
NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
Also in BIS Working Papers, Bank for International Settlements (2019) View citations (4)
- Prudential Monetary Policy
NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2019) View citations (8)
2018
- A risk-centric model of demand recessions and macroprudential policy
BIS Working Papers, Bank for International Settlements View citations (5)
- Reach for Yield and Fickle Capital Flows
NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
See also Journal Article in AEA Papers and Proceedings (2018)
2017
- Missing Aggregate Dynamics: On the Slow Convergence of Lumpy Adjustment Models
Working Papers, University of Chile, Department of Economics View citations (3)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2003) View citations (26) Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University (2008) View citations (17) Working Papers, University of Chile, Department of Economics (2015) View citations (4)
- Rents, Technical Change, and Risk Premia: Accounting for Secular Trends in Interest Rates, Returns on Capital, Earning Yields, and Factor Shares
NBER Working Papers, National Bureau of Economic Research, Inc View citations (85)
Also in Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley (2017) View citations (84)
See also Journal Article in American Economic Review (2017)
- Rents, Technical Change, and Risk Premia: Accounting for Secular Trends in Interest Rates, Returns to Capital, Earnings Yields, and Factor Shares
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (85)
- The safe assets shortage conundrum
Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley View citations (122)
See also Journal Article in Journal of Economic Perspectives (2017)
2016
- Global Imbalances and Currency Wars at the ZLB
Working Paper, Harvard University OpenScholar View citations (21)
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2015) View citations (76)
- Safe Asset Scarcity and Aggregate Demand
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (107)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2016) View citations (107) Working Paper, Harvard University OpenScholar View citations (83) Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley (2016) View citations (92)
See also Journal Article in American Economic Review (2016)
2015
- The Safety Trap
Working Paper, Harvard University OpenScholar View citations (31)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2014) View citations (63) Working Paper, Harvard University OpenScholar View citations (233)
See also Journal Article in Review of Economic Studies (2018)
2013
- A Model of the Safe Asset Mechanism (SAM): Safety Traps and Economic Policy
Working Paper, Harvard University OpenScholar View citations (59)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2013) View citations (60)
2012
- Carry Trade and Systemic Risk: Why are FX Options so Cheap?
NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
2011
- A Caricature (Model) of the World Economy
Levine's Working Paper Archive, David K. Levine 
See also Chapter (2015)
- Macroeconomic Volatility in Latin America: A View and Three Case Studies
IDB Publications (Working Papers), Inter-American Development Bank View citations (4)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2000) View citations (50)
See also Journal Article in Estudios de Economia (2001)
- Structural Volatility in Argentina: A Policy Report
IDB Publications (Working Papers), Inter-American Development Bank View citations (1)
Also in Research Department Publications, Inter-American Development Bank, Research Department (2000) View citations (7)
- Structural Volatility in Chile: A Policy Report
IDB Publications (Working Papers), Inter-American Development Bank View citations (2)
Also in Research Department Publications, Inter-American Development Bank, Research Department (2000) View citations (7)
2010
- Aggregate Implications of Lumpy Investment: New Evidence and a DSGE Model
Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University View citations (18)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2006) View citations (19)
See also Journal Article in American Economic Journal: Macroeconomics (2013)
- Effective Labor Regulation and Microeconomic Flexibility
Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University View citations (27)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2004) View citations (87) Levine's Bibliography, UCLA Department of Economics (2007) View citations (21) Working Papers, Federal Reserve Bank of Boston (2004) View citations (59) Center Discussion Papers, Yale University, Economic Growth Center (2004) View citations (162) Working Papers, Economic Growth Center, Yale University (2004) View citations (71)
See also Journal Article in Journal of Development Economics (2013)
- Fire Sales in a Model of Complexity
2010 Meeting Papers, Society for Economic Dynamics View citations (22)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2009) View citations (32)
See also Journal Article in Journal of Finance (2013)
- Macroeconomics after the Crisis: Time to Deal with the Pretense-of-Knowledge Syndrome
NBER Working Papers, National Bureau of Economic Research, Inc View citations (205)
See also Journal Article in Journal of Economic Perspectives (2010)
- On the Role of Financial Frictions and the Saving Rate during Trade Liberalizations
Scholarly Articles, Harvard University Department of Economics View citations (12)
See also Journal Article in Journal of the European Economic Association (2010)
- The "Other" Imbalance and the Financial Crisis
NBER Working Papers, National Bureau of Economic Research, Inc View citations (33)
2009
- Complexity and Financial Panics
NBER Working Papers, National Bureau of Economic Research, Inc View citations (35)
- Global Imbalances and Financial Fragility
NBER Working Papers, National Bureau of Economic Research, Inc View citations (173)
See also Journal Article in American Economic Review (2009)
2008
- An Equilibrium Model of "Global Imbalances" and Low Interest Rates
Scholarly Articles, Harvard University Department of Economics View citations (612)
Also in Center for International and Development Economics Research, Working Paper Series, Center for International and Development Economics Research, Institute for Business and Economic Research, UC Berkeley (2006) View citations (108) NBER Working Papers, National Bureau of Economic Research, Inc (2006) View citations (92) BIS Working Papers, Bank for International Settlements (2006) View citations (26) Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley (2006) View citations (72) CEPR Discussion Papers, C.E.P.R. Discussion Papers (2006) View citations (183) 2006 Meeting Papers, Society for Economic Dynamics (2006) View citations (75)
See also Journal Article in American Economic Review (2008)
- Financial Crash, Commodity Prices and Global Imbalances
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (167)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2008) View citations (182) Working Paper, Harvard University OpenScholar View citations (6) Scholarly Articles, Harvard University Department of Economics (2008) View citations (171)
- Future Rent-Seeking and Current Public Savings
NBER Working Papers, National Bureau of Economic Research, Inc View citations (13)
See also Journal Article in Journal of International Economics (2010)
- Inflating the Beast: Political Incentives Under Uncertainty
NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
2007
- Collective Risk Management in a Flight to Quality Episode
NBER Working Papers, National Bureau of Economic Research, Inc View citations (18)
See also Journal Article in Journal of Finance (2008)
- Persistent Appreciations and Overshooting: A Normative Analysis
2007 Meeting Papers, Society for Economic Dynamics View citations (22)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2007) View citations (25)
See also Journal Article in IMF Economic Review (2014)
- Price Stickiness in Ss Models: New Interpretations of Old Results
Center Discussion Papers, Yale University, Economic Growth Center View citations (109)
Also in Levine's Bibliography, UCLA Department of Economics (2007) View citations (116) 2007 Meeting Papers, Society for Economic Dynamics (2007) View citations (110) Working Papers, Economic Growth Center, Yale University (2007) View citations (110) NBER Working Papers, National Bureau of Economic Research, Inc (2007) View citations (117) Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University (2007) View citations (93)
See also Journal Article in Journal of Monetary Economics (2007)
- Trade and Capital Flows: A Financial Frictions Perspective
NBER Working Papers, National Bureau of Economic Research, Inc View citations (26)
Also in Scholarly Articles, Harvard University Department of Economics (2007) View citations (22)
See also Journal Article in Journal of Political Economy (2009)
2006
- Financial Integration Without the Volatility
Working Papers Central Bank of Chile, Central Bank of Chile View citations (21)
- Flight to Quality and Collective Risk Management
NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
- Lumpy Investment in Dynamic General Equilibrium
2006 Meeting Papers, Society for Economic Dynamics View citations (19)
Also in Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University (2006) View citations (16)
- On the Macroeconomics of Asset Shortages
NBER Working Papers, National Bureau of Economic Research, Inc View citations (140)
- Zombie Lending and Depressed Restructuring in Japan
NBER Working Papers, National Bureau of Economic Research, Inc View citations (59)
See also Journal Article in American Economic Review (2008)
2005
- A Quantitative Model of Sudden Stops and External Liquidity Management
NBER Working Papers, National Bureau of Economic Research, Inc View citations (31)
- Bubbles and Capital Flow Volatility: Causes and Risk Management
NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
See also Journal Article in Journal of Monetary Economics (2006)
- Contingent Reserves Management: An Applied Framework
Working Papers Central Bank of Chile, Central Bank of Chile View citations (3)
Also in Working Papers, Federal Reserve Bank of Boston (2004) View citations (21) NBER Working Papers, National Bureau of Economic Research, Inc (2004) View citations (31)
See also Chapter (2006) Journal Article in Journal Economía Chilena (The Chilean Economy) (2005)
- El temor a las paradas repentinas: enseñanzas de Australia y Chile
Research Department Publications, Inter-American Development Bank, Research Department
- Exchange Rate Volatility and the Credit Channel in Emerging Markets: A Vertical Perspective
MPRA Paper, University Library of Munich, Germany View citations (19)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2004) View citations (14)
See also Journal Article in International Journal of Central Banking (2005)
- Fear of Sudden Stops: Lessons from Australia and Chile
Research Department Publications, Inter-American Development Bank, Research Department View citations (28)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2004) View citations (47) RBA Research Discussion Papers, Reserve Bank of Australia (2004) View citations (44) Econometric Society 2004 Latin American Meetings, Econometric Society (2004) View citations (55)
- Financial System Risk and Flight to Quality
NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
2004
- Fiscal Policy and Financial Depth
NBER Working Papers, National Bureau of Economic Research, Inc View citations (88)
- Microeconomic Flexibility in Latin America
Working Papers, Economic Growth Center, Yale University View citations (25)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2004) View citations (25) Center Discussion Papers, Yale University, Economic Growth Center (2004) View citations (23)
See also Chapter (2005) Journal Article in Journal Economía Chilena (The Chilean Economy) (2004)
- Speculative Growth: Hints from the US Economy
NBER Working Papers, National Bureau of Economic Research, Inc View citations (11)
See also Journal Article in American Economic Review (2006)
- Three Strikes and You're Out: Reply to Cooper and Willis
Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University View citations (4)
Also in Center Discussion Papers, Yale University, Economic Growth Center (2004) View citations (3) NBER Working Papers, National Bureau of Economic Research, Inc (2004) View citations (5) Working Papers, Economic Growth Center, Yale University (2004) View citations (3)
2003
- Adjustment Is Much Slower Than You Think
Working Papers, Economic Growth Center, Yale University View citations (32)
Also in Center Discussion Papers, Yale University, Economic Growth Center (2003) View citations (37)
- Hedging Sudden Stops and Precautionary Contractions
NBER Working Papers, National Bureau of Economic Research, Inc View citations (33)
See also Journal Article in Journal of Development Economics (2008)
- Inflation Targeting and Sudden Stops
NBER Working Papers, National Bureau of Economic Research, Inc View citations (41)
See also Chapter (2004)
- On the International Financial Architecture: Insuring Emerging Markets
NBER Working Papers, National Bureau of Economic Research, Inc View citations (26)
See also Journal Article in Journal of Financial Transformation (2003)
2002
- A Dual Liquidity Model for Emerging Markets
NBER Working Papers, National Bureau of Economic Research, Inc View citations (45)
See also Journal Article in American Economic Review (2002)
- Coping with Chile’s External Vulnerability: A Financial Problem
Working Papers Central Bank of Chile, Central Bank of Chile View citations (20)
See also Chapter (2002) Journal Article in Journal Economía Chilena (The Chilean Economy) (2002)
- Duality in Fractional Programming Involving Locally Arcwise Connected and Related Functions
Documentos de Trabajo del ICAE, Universidad Complutense de Madrid, Facultad de Ciencias Económicas y Empresariales, Instituto Complutense de Análisis Económico
- Speculative Growth
NBER Working Papers, National Bureau of Economic Research, Inc View citations (20)
2001
- A "Vertical" Analysis of Crises and Intervention: Fear of Floating and Ex-ante Problems
NBER Working Papers, National Bureau of Economic Research, Inc View citations (22)
- Creative Destruction and Development: Institutions, Crises and Restructuring
DELTA Working Papers, DELTA (Ecole normale supérieure)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2000) View citations (73)
- Institutions, Restructuring and Macroeconomic Performance
DELTA Working Papers, DELTA (Ecole normale supérieure)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2000) View citations (42)
See also Chapter (2001)
- International Liquidity Illusion: On the Risks of Sterilization
NBER Working Papers, National Bureau of Economic Research, Inc View citations (19)
- Smoothing Sudden Stops
NBER Working Papers, National Bureau of Economic Research, Inc View citations (22)
See also Journal Article in Journal of Economic Theory (2004)
- The Cost of Recessions Revisited: A Reverse-Liquidationist View
DELTA Working Papers, DELTA (Ecole normale supérieure)
Also in Working papers, Massachusetts Institute of Technology (MIT), Department of Economics (1999) View citations (17) CEPR Discussion Papers, C.E.P.R. Discussion Papers (1999) View citations (19) NBER Working Papers, National Bureau of Economic Research, Inc (1999) View citations (14)
See also Journal Article in Review of Economic Studies (2005)
2000
- Dollarization of Liabilities: Underinsurance and Domestic Financial Underdevelopment
NBER Working Papers, National Bureau of Economic Research, Inc View citations (41)
- Inestabilidad estructural en Argentina: un informe de políticas
Research Department Publications, Inter-American Development Bank, Research Department
- Inestabilidad estructural en Chile: informe de políticas
Research Department Publications, Inter-American Development Bank, Research Department
- Inestabilidad estructural en México: informe de políticas
Research Department Publications, Inter-American Development Bank, Research Department
- International Liquidity Management: Sterilization Policy in Illiquid Financial Markets
NBER Working Papers, National Bureau of Economic Research, Inc View citations (17)
Also in Econometric Society World Congress 2000 Contributed Papers, Econometric Society (2000) View citations (18)
- International and Domestic Collateral Constraints in a Model of Emerging Market Crises
NBER Working Papers, National Bureau of Economic Research, Inc View citations (20)
See also Journal Article in Journal of Monetary Economics (2001)
- Structural Volatility in Mexico: A Policy Report
Research Department Publications, Inter-American Development Bank, Research Department View citations (4)
1999
- Emerging Market Crises: An Asset Markets Perspective
Working papers, Massachusetts Institute of Technology (MIT), Department of Economics View citations (30)
Also in Working papers, Massachusetts Institute of Technology (MIT), Department of Economics (1998) View citations (69) IMF Working Papers, International Monetary Fund (1999) View citations (19) NBER Working Papers, National Bureau of Economic Research, Inc (1998) View citations (59)
1998
- Improper Churn: Social Costs and Macroeconomic Consequences
Working papers, Massachusetts Institute of Technology (MIT), Department of Economics View citations (19)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (1998) View citations (18)
- Nonlinear Aggregate Investment Dynamics: Theory and Evidence
Working papers, Massachusetts Institute of Technology (MIT), Department of Economics View citations (8)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (1998) View citations (8) Documentos de Trabajo, Centro de Economía Aplicada, Universidad de Chile (1998) View citations (7)
1997
- Aggregaete Investment
Working papers, Massachusetts Institute of Technology (MIT), Department of Economics View citations (5)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (1997) View citations (155)
See also Chapter (1999)
- Jobless Growth: Appropriability, Factor Substitution, and Unemployment
NBER Working Papers, National Bureau of Economic Research, Inc View citations (44)
Also in Working papers, Massachusetts Institute of Technology (MIT), Department of Economics (1997) View citations (40)
See also Journal Article in Carnegie-Rochester Conference Series on Public Policy (1998)
1996
- Aggregate Employment Dynamics: Building from Microeconomic Evidence
Documentos de Trabajo, Centro de Economía Aplicada, Universidad de Chile
Also in NBER Working Papers, National Bureau of Economic Research, Inc (1995) View citations (12)
See also Journal Article in American Economic Review (1997)
- Explaining Investment Dynamics in U.S. Manufacturing: A Generalized (S,s) Approach
Documentos de Trabajo, Centro de Economía Aplicada, Universidad de Chile View citations (48)
Also in Working papers, Massachusetts Institute of Technology (MIT), Department of Economics (1994) View citations (8) NBER Working Papers, National Bureau of Economic Research, Inc (1994) View citations (53)
See also Journal Article in Econometrica (1999)
- Fixed Costs: The Demise of Marginal q
Working papers, Massachusetts Institute of Technology (MIT), Department of Economics View citations (73)
Also in Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research (1996) View citations (69) NBER Working Papers, National Bureau of Economic Research, Inc (1996) View citations (78)
- The "Fundamental Transformation" in Macroeconomics
NBER Working Papers, National Bureau of Economic Research, Inc View citations (18)
See also Journal Article in American Economic Review (1996)
- The Macroeconomics of Specificity
NBER Working Papers, National Bureau of Economic Research, Inc View citations (12)
Also in Working papers, Massachusetts Institute of Technology (MIT), Department of Economics (1996) View citations (9)
See also Journal Article in Journal of Political Economy (1998)
1995
- On the Ills of Adjustment
Working papers, Massachusetts Institute of Technology (MIT), Department of Economics View citations (5)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (1995) View citations (2)
See also Journal Article in Journal of Development Economics (1996)
1994
- On the Timing and Efficiency of Creative Destruction
NBER Working Papers, National Bureau of Economic Research, Inc View citations (24)
See also Journal Article in The Quarterly Journal of Economics (1996)
- On the Timing and Efficiency of Creative Distribution
Working papers, Massachusetts Institute of Technology (MIT), Department of Economics
1993
- Cross Sectional Efficiency and Labor Hoarding in an Matching Model of Unemployment
NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
See also Journal Article in Review of Economic Studies (1994)
- How High are the Giants' Shoulders: An Empirical Assessment of Knowledge Spillovers and Creative Destruction in a Model of Economic Growth
NBER Working Papers, National Bureau of Economic Research, Inc View citations (343)
See also Chapter (1993)
1992
- Microeconomic Adjustment Hazards and Aggregate Dynamics
NBER Working Papers, National Bureau of Economic Research, Inc View citations (14)
See also Journal Article in The Quarterly Journal of Economics (1993)
- Microeconomic Rigidities and Aggregate Price Dynamics
NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
See also Journal Article in European Economic Review (1993)
- Near-Rationality, Heterogeneity and Aggregate Consumption
NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
See also Journal Article in Journal of Money, Credit and Banking (1995)
- Price Rigidities, Asymmetries, and Output Fluctuations
NBER Working Papers, National Bureau of Economic Research, Inc View citations (32)
- Uncertainty, Investment, and Industry Evolution
NBER Working Papers, National Bureau of Economic Research, Inc View citations (77)
Also in Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management (1992) View citations (39)
See also Journal Article in International Economic Review (1996)
1991
- A Fallacy of Composition
NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
See also Journal Article in American Economic Review (1992)
- Durable Goods: An Explanation for Their Slow Adjustment
NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
See also Journal Article in Journal of Political Economy (1993)
- Dynamic (S,s) Economies
NBER Working Papers, National Bureau of Economic Research, Inc View citations (57)
See also Journal Article in Econometrica (1991)
- External Effects in U.S. Procyclical Productivity
Working Papers, Columbia - Graduate School of Business View citations (1)
See also Journal Article in Journal of Monetary Economics (1992)
- Heterogeneity and Output Fluctuations in a Dynamic Menu-Cost Economy
NBER Working Papers, National Bureau of Economic Research, Inc View citations (7)
See also Journal Article in Review of Economic Studies (1993)
- Irreversibility and Aggregate Investment
NBER Working Papers, National Bureau of Economic Research, Inc View citations (9)
See also Journal Article in Review of Economic Studies (1994)
- Short and Long Run Externalities
Working Papers, Columbia - Graduate School of Business View citations (15)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (1991) View citations (18)
- Some Evidence of Productivity Linkages in Manufacturing
Working Papers, Columbia - Graduate School of Business View citations (2)
- Sourcing externalities
Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (1)
- Sustainable Intervention Policies and Exchange Rate Dynamics
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (11)
- The Cleansing Effect of Recessions
NBER Working Papers, National Bureau of Economic Research, Inc View citations (38)
See also Journal Article in American Economic Review (1994)
1990
- Target Zones and Realignments
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (21)
See also Journal Article in American Economic Review (1992)
1989
- How does uncertainty about the real exchange rate affect exports?
Policy Research Working Paper Series, The World Bank View citations (14)
- The Role of External Economies in U.S. Manufacturing
NBER Working Papers, National Bureau of Economic Research, Inc View citations (54)
Undated
- Rents, Technical Change, and Risk Premia: Accounting for Secular Changes in Interest Rates, Returns to Capital, Earnings Yields, and Factor Shares
Working Paper, Harvard University OpenScholar View citations (1)
Journal Articles
2022
- Cancer Chemotherapy-Induced Sinus Bradycardia: A Narrative Review of a Forgotten Adverse Effect of Cardiotoxicity
Drug Safety, 2022, 45, (2), 101-126
2021
- A Model of Endogenous Risk Intolerance and LSAPs: Asset Prices and Aggregate Demand in a “COVID-19” Shock
(Financial intermediaries and the cross-section of asset returns)
Review of Financial Studies, 2021, 34, (11), 5522-5580 View citations (8)
See also Working Paper (2020)
2020
- A Model of Fickle Capital Flows and Retrenchment
Journal of Political Economy, 2020, 128, (6), 2288 - 2328 View citations (17)
See also Working Paper (2019)
- A Risk-Centric Model of Demand Recessions and Speculation*
The Quarterly Journal of Economics, 2020, 135, (3), 1493-1566 View citations (15)
See also Working Paper (2019)
2018
- Reach for Yield and Fickle Capital Flows
AEA Papers and Proceedings, 2018, 108, 493-98 View citations (3)
See also Working Paper (2018)
- The Safety Trap
Review of Economic Studies, 2018, 85, (1), 223-274 View citations (56)
See also Working Paper (2015)
2017
- Rents, Technical Change, and Risk Premia Accounting for Secular Trends in Interest Rates, Returns on Capital, Earning Yields, and Factor Shares
American Economic Review, 2017, 107, (5), 614-20 View citations (88)
See also Working Paper (2017)
- The Safe Assets Shortage Conundrum
Journal of Economic Perspectives, 2017, 31, (3), 29-46 View citations (144)
See also Working Paper (2017)
2016
- Safe Asset Scarcity and Aggregate Demand
American Economic Review, 2016, 106, (5), 513-18 View citations (108)
See also Working Paper (2016)
2014
- Persistent Appreciations and Overshooting: A Normative Analysis
IMF Economic Review, 2014, 62, (1), 1-47 View citations (31)
See also Working Paper (2007)
2013
- Aggregate Implications of Lumpy Investment: New Evidence and a DSGE Model
American Economic Journal: Macroeconomics, 2013, 5, (4), 29-67 View citations (81)
See also Working Paper (2010)
- Effective labor regulation and microeconomic flexibility
Journal of Development Economics, 2013, 101, (C), 92-104 View citations (35)
See also Working Paper (2010)
- Fire Sales in a Model of Complexity
Journal of Finance, 2013, 68, (6), 2549-2587 View citations (154)
See also Working Paper (2010)
2011
- A multiobjective model for forest planning with adjacency constraints
Annals of Operations Research, 2011, 190, (1), 75-92 View citations (5)
2010
- Future rent-seeking and current public savings
Journal of International Economics, 2010, 82, (2), 124-136 View citations (46)
See also Working Paper (2008)
- Macroeconomics after the Crisis: Time to Deal with the Pretense-of-Knowledge Syndrome
Journal of Economic Perspectives, 2010, 24, (4), 85-102 View citations (228)
See also Working Paper (2010)
- On the Role of Financial Frictions and the Saving Rate During Trade Liberalizations
Journal of the European Economic Association, 2010, 8, (2-3), 442-455 View citations (12)
See also Working Paper (2010)
- Sudden Financial Arrest
IMF Economic Review, 2010, 58, (1), 6-36 View citations (18)
2009
- Crisis and Reform: Managing Systemic Risk
Rivista di Politica Economica, 2009, 99, (4), 9-64
- Global Imbalances and Financial Fragility
American Economic Review, 2009, 99, (2), 584-88 View citations (169)
See also Working Paper (2009)
- Global imbalances and the financial crisis: products of common causes - commentary
Proceedings, 2009, (Oct), 173-177 View citations (1)
- The surprising origin and nature of financial crises: a macroeconomic policy proposal
Proceedings - Economic Policy Symposium - Jackson Hole, 2009, 19-68 View citations (8)
- Trade and Capital Flows: A Financial Frictions Perspective
Journal of Political Economy, 2009, 117, (4), 701-744 View citations (186)
See also Working Paper (2007)
2008
- An Equilibrium Model of "Global Imbalances" and Low Interest Rates
American Economic Review, 2008, 98, (1), 358-93 View citations (493)
See also Working Paper (2008)
- Collective Risk Management in a Flight to Quality Episode
Journal of Finance, 2008, 63, (5), 2195-2230 View citations (374)
See also Working Paper (2007)
- Financial Crash, Commody Prices, and Global Inbalances
Brookings Papers on Economic Activity, 2008, 39, (2 (Fall)), 1-68 View citations (66)
- Hedging sudden stops and precautionary contractions
Journal of Development Economics, 2008, 85, (1-2), 28-57 View citations (59)
See also Working Paper (2003)
- Musical chairs: a comment on the credit crisis
Financial Stability Review, 2008, (11), 9-11 View citations (8)
- Zombie Lending and Depressed Restructuring in Japan
American Economic Review, 2008, 98, (5), 1943-77 View citations (751)
See also Working Paper (2006)
2007
- Price stickiness in Ss models: New interpretations of old results
Journal of Monetary Economics, 2007, 54, (Supplement 1), 100-121 View citations (103)
See also Working Paper (2007)
2006
- Bubbles and capital flow volatility: Causes and risk management
Journal of Monetary Economics, 2006, 53, (1), 35-53 View citations (206)
See also Working Paper (2005)
- Speculative Growth: Hints from the U.S. Economy
American Economic Review, 2006, 96, (4), 1159-1192 View citations (91)
See also Working Paper (2004)
2005
- Commentary on \\"productivity and the post-1990 U.S. economy\\"
Review, 2005, 87, (Jul), 551-554
- Contingent Reserves Management: an Applied Framework
Journal Economía Chilena (The Chilean Economy), 2005, 8, (2), 45-56 View citations (4)
See also Chapter (2006) Working Paper (2005)
- Exchange Rate Volatility and the Credit Channel in Emerging Markets: A Vertical Perspective
International Journal of Central Banking, 2005, 1, (1) View citations (24)
See also Working Paper (2005)
- The Cost of Recessions Revisited: A Reverse-Liquidationist View
Review of Economic Studies, 2005, 72, (2), 313-341 View citations (91)
See also Working Paper (2001)
2004
- A Comment on the Economics of Labor Adjustment: Mind the Gap: Reply
American Economic Review, 2004, 94, (4), 1238-1244 View citations (15)
- Microeconomic Flexibility in Latin America
Journal Economía Chilena (The Chilean Economy), 2004, 7, (2), 5-26 View citations (24)
See also Working Paper (2004) Chapter (2005)
- Smoothing sudden stops
Journal of Economic Theory, 2004, 119, (1), 104-127 View citations (77)
See also Working Paper (2001)
2003
- Excessive Dollar Debt: Financial Development and Underinsurance
Journal of Finance, 2003, 58, (2), 867-893 View citations (195)
- On the international financial architecture: Insuring emerging markets
Journal of Financial Transformation, 2003, 7, 8-12 View citations (22)
See also Working Paper (2003)
- The Future of the IMF
American Economic Review, 2003, 93, (2), 31-38 View citations (29)
2002
- A Dual Liquidity Model for Emerging Markets
American Economic Review, 2002, 92, (2), 33-37 View citations (38)
See also Working Paper (2002)
- Analysis and comparisons of some solution concepts for stochastic programming problems
TOP: An Official Journal of the Spanish Society of Statistics and Operations Research, 2002, 10, (1), 101-123 View citations (3)
- Coping With Chile’s External Vulnerability: A Financial Problem
Journal Economía Chilena (The Chilean Economy), 2002, 5, (1), 11-36 View citations (14)
See also Working Paper (2002) Chapter (2002)
2001
- Efficient assignment of financial resources within a university system. Study of the University of Malaga
European Journal of Operational Research, 2001, 133, (2), 298-309 View citations (8)
- International and domestic collateral constraints in a model of emerging market crises
Journal of Monetary Economics, 2001, 48, (3), 513-548 View citations (486)
See also Working Paper (2000)
- Macroeconomic volatility in Latin America: a view and three case studies
Estudios de Economia, 2001, 28, (1 Year 2001), 5-52 View citations (11)
See also Working Paper (2011)
2000
- Macroeconomic Volatility in Latin America: A Conceptual Framework and Three Case Studies
Economía Journal, 2000, Volume 1 Number 1, (Fall 2000), 31-107 View citations (41)
1999
- Explaining Investment Dynamics in U.S. Manufacturing: A Generalized (S,s) Approach
Econometrica, 1999, 67, (4), 783-826 View citations (260)
See also Working Paper (1996)
- The stochastic bottleneck linear programming problem
TOP: An Official Journal of the Spanish Society of Statistics and Operations Research, 1999, 7, (1), 123-143
1998
- Jobless growth: appropriability, factor substitution, and unemployment
Carnegie-Rochester Conference Series on Public Policy, 1998, 48, (1), 51-94 View citations (157)
See also Working Paper (1997)
- The Macroeconomics of Specificity
Journal of Political Economy, 1998, 106, (4), 724-767 View citations (110)
See also Working Paper (1996)
1997
- Aggregate Employment Dynamics: Building from Microeconomic Evidence
American Economic Review, 1997, 87, (1), 115-37 View citations (273)
See also Working Paper (1996)
1996
- On the Timing and Efficiency of Creative Destruction
The Quarterly Journal of Economics, 1996, 111, (3), 805-852 View citations (326)
See also Working Paper (1994)
- On the ills of adjustment
Journal of Development Economics, 1996, 51, (1), 161-192 View citations (31)
See also Working Paper (1995)
- The "Fundamental Transformation" in Macroeconomics
American Economic Review, 1996, 86, (2), 181-86 View citations (21)
See also Working Paper (1996)
- Uncertainty, Investment, and Industry Evolution
International Economic Review, 1996, 37, (3), 641-62 View citations (135)
See also Working Paper (1992)
1995
- Near-Rationality, Heterogeneity, and Aggregate Consumption
Journal of Money, Credit and Banking, 1995, 27, (1), 29-48 View citations (51)
See also Working Paper (1992)
- Plant-Level Adjustment and Aggregate Investment Dynamics
Brookings Papers on Economic Activity, 1995, 26, (2), 1-54 View citations (303)
1994
- Cross-Sectional Efficiency and Labour Hoarding in a Matching Model of Unemployment
Review of Economic Studies, 1994, 61, (3), 435-456 View citations (77)
See also Working Paper (1993)
- Customer- and Supplier-Driven Externalities
American Economic Review, 1994, 84, (4), 1075-84 View citations (138)
- Irreversibility and Aggregate Investment
Review of Economic Studies, 1994, 61, (2), 223-246 View citations (282)
See also Working Paper (1991)
- Notes on the Theory and Evidence on Aggregate Purchases of Durable Goods
Oxford Review of Economic Policy, 1994, 10, (2), 107-17 View citations (13)
- Small Sample Bias and Adjustment Costs
The Review of Economics and Statistics, 1994, 76, (1), 52-58 View citations (94)
- The Cleansing Effect of Recessions
American Economic Review, 1994, 84, (5), 1350-68 View citations (679)
See also Working Paper (1991)
1993
- Durable Goods: An Explanation for Their Slow Adjustment
Journal of Political Economy, 1993, 101, (2), 351-84 View citations (79)
See also Working Paper (1991)
- Heterogeneity and Output Fluctuations in a Dynamic Menu-Cost Economy
Review of Economic Studies, 1993, 60, (1), 95-119 View citations (66)
See also Working Paper (1991)
- Microeconomic Adjustment Hazards and Aggregate Dynamics
The Quarterly Journal of Economics, 1993, 108, (2), 359-383 View citations (173)
See also Working Paper (1992)
- Microeconomic rigidities and aggregate price dynamics
European Economic Review, 1993, 37, (4), 697-711 View citations (80)
See also Working Paper (1992)
- Unemployment, consumption and growth: by Charles Bean and Chris Pissarides
European Economic Review, 1993, 37, (4), 855-859 View citations (5)
1992
- A Fallacy of Composition
American Economic Review, 1992, 82, (5), 1279-92 View citations (67)
See also Working Paper (1991)
- Beyond the Partial-Adjustment Model
American Economic Review, 1992, 82, (2), 360-64 View citations (16)
- External effects in U.S. procyclical productivity
Journal of Monetary Economics, 1992, 29, (2), 209-225 View citations (145)
See also Working Paper (1991)
- Target Zones and Realignments
American Economic Review, 1992, 82, (3), 520-36 View citations (168)
See also Working Paper (1990)
1991
- Dynamic (S, s) Economies
Econometrica, 1991, 59, (6), 1659-86 View citations (109)
See also Working Paper (1991)
- Earnings Uncertainty and Aggregate Wealth Accumulation
American Economic Review, 1991, 81, (4), 859-71 View citations (175)
- On the Sign of the Investment-Uncertainty Relationship
American Economic Review, 1991, 81, (1), 279-88 View citations (278)
1990
- Consumption puzzles and precautionary savings
Journal of Monetary Economics, 1990, 25, (1), 113-136 View citations (345)
- Expenditure on Durable Goods: A Case for Slow Adjustment
The Quarterly Journal of Economics, 1990, 105, (3), 727-743 View citations (37)
- Internal versus external economies in European industry
European Economic Review, 1990, 34, (4), 805-826 View citations (113)
1986
- Análisis de la Balanza Comercial: Un Enfoque de Equilibrio General
Latin American Journal of Economics-formerly Cuadernos de Economía, 1986, 23, (70), 285-314 View citations (1)
Books
2007
- Specificity and the Macroeconomics of Restructuring, vol 1
MIT Press Books, The MIT Press View citations (67)
Chapters
2019
- The global impact of risk-off shocks
A chapter in Asia-Pacific fixed income markets: evolving structure, participation and pricing, 2019, vol. 102, pp 17-23 View citations (8)
2017
- Wrap-up Panel Discussion
A chapter in Monetary Policy and Financial Stability in a World of Low Interest Rates, 2017
2015
- A Caricature (Model) of the World Economy
Chapter 05 in Economic Policies in Emerging-Market Economies Festschrift in Honor of Vittorio Corbo, 2015, vol. 21, pp 061-077 
See also Working Paper (2011)
- Economic policies in emerging-market economies: an overview
Chapter 01 in Economic Policies in Emerging-Market Economies Festschrift in Honor of Vittorio Corbo, 2015, vol. 21, pp 001-006 View citations (1)
2012
- Notes on Capital-Account Management
Chapter 13 in In the Wake of the Crisis: Leading Economists Reassess Economic Policy, 2012, vol. 1, pp 111-123 View citations (1)
2008
- Comment on "Cyclical Budgetary Policy and Economic Growth: What Do We Learn from OECD Panel Data?"
A chapter in NBER Macroeconomics Annual 2007, Volume 22, 2008, pp 279-286 View citations (2)
2006
- Contingent Reserves Management: An Applied Framework
Chapter 12 in External Vulnerability and Preventive Policies, 2006, vol. 10, pp 399-420 View citations (6)
See also Working Paper (2005) Journal Article in Journal Economía Chilena (The Chilean Economy) (2005)
- External Vulnerability and Preventive Policies: An Overview
Chapter 1 in External Vulnerability and Preventive Policies, 2006, vol. 10, pp 001-014 View citations (3)
2005
- Microeconomic Flexibility in Latin America
Chapter 10 in Labor Markets and Institutions, 2005, vol. 8, pp 329-366 View citations (6)
See also Journal Article in Journal Economía Chilena (The Chilean Economy) (2004) Working Paper (2004)
2004
- Inflation Targeting and Sudden Stops
A chapter in The Inflation-Targeting Debate, 2004, pp 423-442 View citations (11)
See also Working Paper (2003)
2002
- Coping with Chile´s External Vulnerability: a Financial Problem
Chapter 12 in Economic Growth: Sources, Trends, and Cycles, 2002, vol. 6, pp 377-416 View citations (14)
See also Journal Article in Journal Economía Chilena (The Chilean Economy) (2002) Working Paper (2002)
2001
- Institutions, Restructuring and Macroeconomic Performance
Palgrave Macmillan View citations (10)
See also Working Paper (2001)
1999
- Aggregate investment
Chapter 12 in Handbook of Macroeconomics, 1999, vol. 1, Part B, pp 813-862 View citations (139)
See also Working Paper (1997)
1993
- How High Are the Giants' Shoulders: An Empirical Assessment of Knowledge Spillovers and Creative Destruction in a Model of Economic Growth
A chapter in NBER Macroeconomics Annual 1993, Volume 8, 1993, pp 15-86 View citations (354)
See also Working Paper (1993)
1990
- Kinked Adjustment Costs and Aggregate Dynamics
A chapter in NBER Macroeconomics Annual 1990, Volume 5, 1990, pp 237-296 View citations (146)
|
The links between different versions of a paper are constructed automatically by matching on the titles.
Please contact if a link is incorrect.
Use this form
to add links between versions where the titles do not match.
|