Details about Allen Head

Access statistics for papers by Allen Head.

Last updated 2025-06-09. Update your information in the RePEc Author Service.

Short-id: phe15

Working Papers

2025

1. Markups, Pass-Through, and Firm Heterogeneity with Sequentially Mixed Search
   Staff Working Papers, Bank of Canada
   Also in Working Paper, Economics Department, Queen's University (2025)

2024

2. Consumer Search, Productivity Heterogeneity, Prices, Markups, and Pass-through: Theory and Estimation
   Working Paper, Economics Department, Queen's University
   Also in Staff Working Papers, Bank of Canada (2024) View citations (2)

2023

3. Money and Imperfectly Competitive Credit
   Working Paper, Economics Department, Queen's University

2022

4. Money, Credit and Imperfect Competition Among Banks
   CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University
   Also in ANU Working Papers in Economics and Econometrics, Australian National University, College of Business and Economics, School of Economics (2022) View citations (1)

2021

5. Heterogeneity, Frictional Assignment And Home-ownership
   Working Paper, Economics Department, Queen's University
   Also in Working Papers, Toronto Metropolitan University, Department of Economics (2018) View citations (1)
   See also Journal Article HETEROGENEITY, FRICTIONAL ASSIGNMENT, AND HOME‐OWNERSHIP, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (2023) (2023)

2017

6. Inequality, Frictional Assignment and Home-ownership
   2017 Meeting Papers, Society for Economic Dynamics View citations (2)

2016

7. Default, Mortgage Standards And Housing Liquidity
   Working Paper, Economics Department, Queen's University View citations (6)
   Also in 2016 Meeting Papers, Society for Economic Dynamics (2016) View citations (6)
8. Has Canadian House Price Growth Been Excessive?
   Working Paper, Economics Department, Queen's University View citations (5)
   See also Journal Article Has Canadian house price growth been excessive?, Canadian Journal of Economics, Canadian Economics Association (2016) View citations (5) (2016)

2014

9. Income Inequality, Neighborhoods, Prices and the Liquidity of Housing
   2014 Meeting Papers, Society for Economic Dynamics

2012

10. Search, Liquidity And The Dynamics Of House Prices And Construction
    Working Paper, Economics Department, Queen's University View citations (35)
    See also Journal Article Search, Liquidity, and the Dynamics of House Prices and Construction, American Economic Review, American Economic Association (2014) View citations (130) (2014)

2011

11. Housing Liquidity, Mobility, And The Labour Market
    Working Paper, Economics Department, Queen's University View citations (7)
    See also Journal Article Housing Liquidity, Mobility, and the Labour Market, The Review of Economic Studies, Review of Economic Studies Ltd (2012) View citations (88) (2012)
12. Sticky Prices: A New Monetarist Approach
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (13)
    Also in Working Papers, Federal Reserve Bank of Minneapolis (2011) View citations (6)
    See also Journal Article STICKY PRICES: A NEW MONETARIST APPROACH, Journal of the European Economic Association, European Economic Association (2012) View citations (65) (2012)

2010

13. Equilibrium Price Dispersion and Rigidity: A New Monetarist Approach
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania View citations (5)
14. Sticky Prices?
    2010 Meeting Papers, Society for Economic Dynamics View citations (4)

2007

15. Elastic Money, Inflation, And Interest Rate Policy
    Working Paper, Economics Department, Queen's University View citations (1)
16. Elastic Money, Settlement, and Interest Rate Policy
    2007 Meeting Papers, Society for Economic Dynamics

2006

17. Market Power, Price Adjustment, And Inflation
    Working Paper, Economics Department, Queen's University View citations (11)
    See also Journal Article MARKET POWER, PRICE ADJUSTMENT, AND INFLATION, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (2010) View citations (24) (2010)
18. Search, Market Power, and Inflation Dynamics
    2006 Meeting Papers, Society for Economic Dynamics

2004

19. Capital Flows, Incomplete Markets, and the U.S. European Unemployment Gap
    2004 Meeting Papers, Society for Economic Dynamics View citations (4)
20. Price Dispersion, Inflation and Welfare
    NajEcon Working Paper Reviews, www.najecon.org View citations (6)
    See also Journal Article PRICE DISPERSION, INFLATION, AND WELFARE, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (2005) View citations (62) (2005)
21. Real Exchange Rates, Preferences, And Incomplete Markets: Evidence, 1961-2001
    Working Paper, Economics Department, Queen's University View citations (9)
    See also Journal Article Real exchange rates, preferences, and incomplete markets: evidence, 1961-2001, Canadian Journal of Economics, Canadian Economics Association (2004) View citations (11) (2004)

2002

22. A Fundamental Theory of Exchange Rates and Direct Currency Trades
    Working Papers, University of Toronto, Department of Economics View citations (4)
    Also in Working Paper, Economics Department, Queen's University (2000) View citations (10)
    See also Journal Article A fundamental theory of exchange rates and direct currency trades, Journal of Monetary Economics, Elsevier (2003) View citations (48) (2003)
23. The Ccapm Meets Euro-interest Rate Persistence, 1960-2000
    Working Paper, Economics Department, Queen's University
    See also Journal Article The CCAPM meets Euro-interest rate persistence, 1960-2000, Journal of International Economics, Elsevier (2003) View citations (1) (2003)

1996

24. Common And Country-specific Fluctuations In Productivity, Investment, And The Current Account
    Working Paper, Economics Department, Queen's University View citations (9)
    See also Journal Article Common and country-specific fluctuations in productivity, investment, and the current account, Journal of Monetary Economics, Elsevier (1999) View citations (82) (1999)

1994

25. Measuring World Business Cycles
    Working Paper, Economics Department, Queen's University
    See also Journal Article Measuring World Business Cycles, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (1997) View citations (158) (1997)
26. Trigger Strategies And The Cyclicality Of Markups
    Working Paper, Economics Department, Queen's University

1993

27. Exit and Entry, Increasing Returns to Specialization, and Business Cycles
    Working Paper, Economics Department, Queen's University View citations (6)

1991

28. Cross-Country Variations in Aggregate Volatility: Evidence from 56 Countries
    Working Paper, Economics Department, Queen's University View citations (3)

1990

29. Strategic Innovation and Economic Growth
    Working Paper, Economics Department, Queen's University

Journal Articles

2023

1. HETEROGENEITY, FRICTIONAL ASSIGNMENT, AND HOME‐OWNERSHIP
   International Economic Review, 2023, 64, (3), 1265-1308
   See also Working Paper Heterogeneity, Frictional Assignment And Home-ownership, Working Paper (2021) (2021)
2. Indebted sellers, liquidity and mortgage standards
   European Economic Review, 2023, 151, (C)

2016

3. Has Canadian house price growth been excessive?
   Canadian Journal of Economics, 2016, 49, (4), 1367-1400 View citations (5)
   Also in Canadian Journal of Economics/Revue canadienne d'économique, 2016, 49, (4), 1367-1400 (2016) View citations (5)
   See also Working Paper Has Canadian House Price Growth Been Excessive?, Working Paper (2016) View citations (5) (2016)

2014

4. Search, Liquidity, and the Dynamics of House Prices and Construction
   American Economic Review, 2014, 104, (4), 1172-1210 View citations (130)
   Also in American Economic Review, 2016, 106, (4), 1214-19 (2016) View citations (8)
   See also Working Paper Search, Liquidity And The Dynamics Of House Prices And Construction, Working Paper (2012) View citations (35) (2012)

2012

5. Housing Liquidity, Mobility, and the Labour Market
   The Review of Economic Studies, 2012, 79, (4), 1559-1589 View citations (88)
   See also Working Paper Housing Liquidity, Mobility, And The Labour Market, Working Paper (2011) View citations (7) (2011)
6. STICKY PRICES: A NEW MONETARIST APPROACH
   Journal of the European Economic Association, 2012, 10, (5), 939-973 View citations (65)
   See also Working Paper Sticky Prices: A New Monetarist Approach, NBER Working Papers (2011) View citations (13) (2011)

2010

7. MARKET POWER, PRICE ADJUSTMENT, AND INFLATION
   International Economic Review, 2010, 51, (1), 73-98 View citations (24)
   See also Working Paper Market Power, Price Adjustment, And Inflation, Working Paper (2006) View citations (11) (2006)

2005

8. PRICE DISPERSION, INFLATION, AND WELFARE
   International Economic Review, 2005, 46, (2), 533-572 View citations (62)
   See also Working Paper Price Dispersion, Inflation and Welfare, NajEcon Working Paper Reviews (2004) View citations (6) (2004)

2004

9. Real exchange rates, preferences, and incomplete markets: evidence, 1961-2001
   Canadian Journal of Economics, 2004, 37, (3), 782-801 View citations (11)
   Also in Canadian Journal of Economics/Revue canadienne d'économique, 2004, 37, (3), 782-801 (2004) View citations (6)
   See also Working Paper Real Exchange Rates, Preferences, And Incomplete Markets: Evidence, 1961-2001, Working Paper (2004) View citations (9) (2004)

2003

10. A fundamental theory of exchange rates and direct currency trades
    Journal of Monetary Economics, 2003, 50, (7), 1555-1591 View citations (48)
    See also Working Paper A Fundamental Theory of Exchange Rates and Direct Currency Trades, Working Papers (2002) View citations (4) (2002)
11. The CCAPM meets Euro-interest rate persistence, 1960-2000
    Journal of International Economics, 2003, 59, (2), 349-366 View citations (1)
    See also Working Paper The Ccapm Meets Euro-interest Rate Persistence, 1960-2000, Working Paper (2002) (2002)

2002

12. Aggregate Fluctuations with National and International Returns to Scale
    International Economic Review, 2002, 43, (4), 1101-1125 View citations (27)

2000

13. Government Spending and Welfare with Returns to Specialization
    Scandinavian Journal of Economics, 2000, 102, (4), 547-561 View citations (19)

1999

14. Common and country-specific fluctuations in productivity, investment, and the current account
    Journal of Monetary Economics, 1999, 44, (3), 423-451 View citations (82)
    See also Working Paper Common And Country-specific Fluctuations In Productivity, Investment, And The Current Account, Working Paper (1996) View citations (9) (1996)

1997

15. Measuring World Business Cycles
    International Economic Review, 1997, 38, (3), 677-701 View citations (158)
    See also Working Paper Measuring World Business Cycles, Working Paper (1994) (1994)

1996

16. Aggregate fluctuations with increasing returns to specialization and scale
    Journal of Economic Dynamics and Control, 1996, 20, (4), 627-656 View citations (116)
17. Monopolistic Competition, Increasing Returns, and the Effects of Government Spending
    Journal of Money, Credit and Banking, 1996, 28, (2), 233-54 View citations (172)

1995

18. Country Size, Aggregate Fluctuations, and International Risk Sharing
    Canadian Journal of Economics, 1995, 28, (4b), 1096-1119 View citations (39)

1993

19. Monopolistic competition, technology shocks, and aggregate fluctuations
    Economics Letters, 1993, 41, (1), 57-61 View citations (10)