Details about Kenneth Kasa

Access statistics for papers by Kenneth Kasa.

Last updated 2025-01-28. Update your information in the RePEc Author Service.

Short-id: pka48

Working Papers

2019

1. Ambiguity and Information Processing in a Model of Intermediary Asset Pricing
   Discussion Papers, Department of Economics, Simon Fraser University View citations (1)

2017

2. Risk, Uncertainty, and the Dynamics of Inequality
   Discussion Papers, Department of Economics, Simon Fraser University View citations (6)
   See also Journal Article Risk, uncertainty, and the dynamics of inequality, Journal of Monetary Economics, Elsevier (2018) View citations (19) (2018)

2016

3. GRESHAM’S LAW OF MODEL AVERAGING
   Discussion Papers, Department of Economics, Simon Fraser University
   See also Journal Article Gresham's Law of Model Averaging, American Economic Review, American Economic Association (2017) View citations (8) (2017)

2013

4. An Escape Time Interpretation of Robust Control
   Discussion Papers, Department of Economics, Simon Fraser University
   See also Journal Article An escape time interpretation of robust control, Journal of Economic Dynamics and Control, Elsevier (2014) View citations (1) (2014)

2012

5. A Behavioral Defense of Rational Expectations
   Discussion Papers, Department of Economics, Simon Fraser University View citations (1)
6. Heterogenous Beliefs and Tests of Present Value Models
   Discussion Papers, Department of Economics, Simon Fraser University View citations (3)
   See also Journal Article Heterogeneous Beliefs and Tests of Present Value Models, The Review of Economic Studies, Review of Economic Studies Ltd (2014) View citations (27) (2014)
7. Model Validation and Learning
   Discussion Papers, Department of Economics, Simon Fraser University View citations (5)
8. Robustness and Exchange Rate Volatility
   Discussion Papers, Department of Economics, Simon Fraser University
   See also Journal Article Robustness and exchange rate volatility, Journal of International Economics, Elsevier (2013) View citations (8) (2013)

2011

9. Learning and Model Validation
   2011 Meeting Papers, Society for Economic Dynamics View citations (2)
   Also in 2007 Meeting Papers, Society for Economic Dynamics (2007)
   2006 Meeting Papers, Society for Economic Dynamics (2006) View citations (5)
   See also Journal Article Learning and Model Validation, The Review of Economic Studies, Review of Economic Studies Ltd (2015) View citations (27) (2015)

2009

10. Learning About Identification
    2009 Meeting Papers, Society for Economic Dynamics

2006

11. Asset Prices in a Time Series Model with Perpetually Disparately Informed, Competitive Traders
    CAEPR Working Papers, Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington View citations (5)

2003

12. Learning Dynamics and Endogenous Currency Crises
    Computing in Economics and Finance 2003, Society for Computational Economics View citations (11)
    See also Journal Article LEARNING DYNAMICS AND ENDOGENOUS CURRENCY CRISES, Macroeconomic Dynamics, Cambridge University Press (2008) View citations (14) (2008)

2000

13. A robust Hansen-Sargent prediction formula
    Working Paper Series, Federal Reserve Bank of San Francisco
    See also Journal Article A robust Hansen-Sargent prediction formula, Economics Letters, Elsevier (2001) View citations (10) (2001)
14. Learning, large deviations, and recurrent currency crises
    Working Paper Series, Federal Reserve Bank of San Francisco
    See also Journal Article Learning, Large Deviations, And Recurrent Currency Crises, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (2004) View citations (33) (2004)
15. Testing present value models of the current account: a cautionary note
    Working Paper Series, Federal Reserve Bank of San Francisco
    See also Journal Article Testing present value models of the current account: a cautionary note, Journal of International Money and Finance, Elsevier (2003) View citations (5) (2003)

1999

16. Model uncertainty, robust policies, and the value of commitment
    Working Paper Series, Federal Reserve Bank of San Francisco
    See also Journal Article MODEL UNCERTAINTY, ROBUST POLICIES, AND THE VALUE OF COMMITMENT, Macroeconomic Dynamics, Cambridge University Press (2002) View citations (22) (2002)
17. The role of relative performance in bank closure decisions
    Working Papers in Applied Economic Theory, Federal Reserve Bank of San Francisco View citations (7)
    See also Journal Article The role of relative performance in bank closure decisions, Economic Review, Federal Reserve Bank of San Francisco (2008) View citations (8) (2008)

1998

18. Borrowing constraints and asset market dynamics: evidence from the Pacific Basin
    Pacific Basin Working Paper Series, Federal Reserve Bank of San Francisco View citations (15)
    See also Journal Article Borrowing constraints and asset market dynamics: evidence from the Pacific Basin, Economic Review, Federal Reserve Bank of San Francisco (1998) View citations (14) (1998)

1997

19. A dynamic model of export competition, policy coordination and simultaneous currency collapse
    Pacific Basin Working Paper Series, Federal Reserve Bank of San Francisco View citations (19)
    See also Journal Article A Dynamic Model of Export Competition, Policy Coordination, and Simultaneous Currency Collapse, Review of International Economics, Wiley Blackwell (2001) View citations (5) (2001)

1995

20. Monetary policy in Japan: a structural VAR analysis
    Pacific Basin Working Paper Series, Federal Reserve Bank of San Francisco View citations (2)
    See also Journal Article Monetary Policy in Japan: A Structural VAR Analysis, Journal of the Japanese and International Economies, Elsevier (1997) View citations (31) (1997)
21. Signal extraction and the propagation of business cycles
    Working Papers in Applied Economic Theory, Federal Reserve Bank of San Francisco View citations (9)
    See also Journal Article Forecasting the Forecasts of Others in the Frequency Domain, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2000) View citations (51) (2000)

1994

22. A comparison of discount rate models using international stock market data
    Working Papers in Applied Economic Theory, Federal Reserve Bank of San Francisco
23. Optimal policy with limited commitment
    Working Papers in Applied Economic Theory, Federal Reserve Bank of San Francisco
    See also Journal Article Optimal policy with limited commitment, Journal of Economic Dynamics and Control, Elsevier (1998) View citations (1) (1998)

1993

24. Interpreting the dynamics in U.S. international trade
    Working Papers in Applied Economic Theory, Federal Reserve Bank of San Francisco

Journal Articles

2022

1. “WAIT AND SEE” OR “FEAR OF FLOATING”?
   Macroeconomic Dynamics, 2022, 26, (4), 833-884

2019

2. Doubt and hope in economics: A review of Kiyohiko G. Nishimura and Hiroyuki Ozaki's Economics of Pessimism and Optimism
   International Finance, 2019, 22, (1), 118-122

2018

3. Risk, uncertainty, and the dynamics of inequality
   Journal of Monetary Economics, 2018, 94, (C), 60-78 View citations (19)
   See also Working Paper Risk, Uncertainty, and the Dynamics of Inequality, Discussion Papers (2017) View citations (6) (2017)

2017

4. Gresham's Law of Model Averaging
   American Economic Review, 2017, 107, (11), 3589-3616 View citations (8)
   See also Working Paper GRESHAM’S LAW OF MODEL AVERAGING, Discussion Papers (2016) (2016)
5. Model Averaging and Persistent Disagreement
   Review, 2017, 99, (3), 279-294

2015

6. Learning and Model Validation
   The Review of Economic Studies, 2015, 82, (1), 45-82 View citations (27)
   See also Working Paper Learning and Model Validation, 2011 Meeting Papers (2011) View citations (2) (2011)

2014

7. An escape time interpretation of robust control
   Journal of Economic Dynamics and Control, 2014, 42, (C), 1-12 View citations (1)
   See also Working Paper An Escape Time Interpretation of Robust Control, Discussion Papers (2013) (2013)
8. Heterogeneous Beliefs and Tests of Present Value Models
   The Review of Economic Studies, 2014, 81, (3), 1137-1163 View citations (27)
   See also Working Paper Heterogenous Beliefs and Tests of Present Value Models, Discussion Papers (2012) View citations (3) (2012)

2013

9. Robustness and exchange rate volatility
   Journal of International Economics, 2013, 91, (1), 27-39 View citations (8)
   See also Working Paper Robustness and Exchange Rate Volatility, Discussion Papers (2012) (2012)

2010

10. Introduction
    The North American Journal of Economics and Finance, 2010, 21, (2), 107-109

2008

11. LEARNING DYNAMICS AND ENDOGENOUS CURRENCY CRISES
    Macroeconomic Dynamics, 2008, 12, (2), 257-285 View citations (14)
    See also Working Paper Learning Dynamics and Endogenous Currency Crises, Computing in Economics and Finance 2003 (2003) View citations (11) (2003)
12. The role of relative performance in bank closure decisions
    Economic Review, 2008, 17-29 View citations (8)
    See also Working Paper The role of relative performance in bank closure decisions, Working Papers in Applied Economic Theory (1999) View citations (7) (1999)

2006

13. Robustness and Information Processing
    Review of Economic Dynamics, 2006, 9, (1), 1-33 View citations (23)

2004

14. Learning, Large Deviations, And Recurrent Currency Crises
    International Economic Review, 2004, 45, (1), 141-173 View citations (33)
    See also Working Paper Learning, large deviations, and recurrent currency crises, Working Paper Series (2000) (2000)

2003

15. Testing present value models of the current account: a cautionary note
    Journal of International Money and Finance, 2003, 22, (4), 557-569 View citations (5)
    See also Working Paper Testing present value models of the current account: a cautionary note, Working Paper Series (2000) (2000)

2002

16. MODEL UNCERTAINTY, ROBUST POLICIES, AND THE VALUE OF COMMITMENT
    Macroeconomic Dynamics, 2002, 6, (1), 145-166 View citations (22)
    See also Working Paper Model uncertainty, robust policies, and the value of commitment, Working Paper Series (1999) (1999)

2001

17. A Dynamic Model of Export Competition, Policy Coordination, and Simultaneous Currency Collapse
    Review of International Economics, 2001, 9, (1), 68-80 View citations (5)
    See also Working Paper A dynamic model of export competition, policy coordination and simultaneous currency collapse, Pacific Basin Working Paper Series (1997) View citations (19) (1997)
18. A robust Hansen-Sargent prediction formula
    Economics Letters, 2001, 71, (1), 43-48 View citations (10)
    See also Working Paper A robust Hansen-Sargent prediction formula, Working Paper Series (2000) (2000)
19. Will inflation targeting work in developing countries?
    FRBSF Economic Letter, 2001, (jan.12) View citations (3)

2000

20. Forecasting the Forecasts of Others in the Frequency Domain
    Review of Economic Dynamics, 2000, 3, (4), 726-756 View citations (51)
    See also Working Paper Signal extraction and the propagation of business cycles, Working Papers in Applied Economic Theory (1995) View citations (9) (1995)
21. Knightian uncertainty and home bias
    FRBSF Economic Letter, 2000, (oct6) View citations (2)
22. The composition of international capital flows
    FRBSF Economic Letter, 2000, (jun2)

1999

23. An observational equivalence among -control policies
    Economics Letters, 1999, 64, (2), 173-180
24. Time for a Tobin tax?
    FRBSF Economic Letter, 1999, (apr9) View citations (1)
25. Why attack a currency board?
    FRBSF Economic Letter, 1999, (nov26) View citations (1)
26. Will the Fed Ever Learn?
    Journal of Macroeconomics, 1999, 21, (2), 279-292 View citations (12)

1998

27. Borrowing constraints and asset market dynamics: evidence from the Pacific Basin
    Economic Review, 1998, 17-28 View citations (14)
    See also Working Paper Borrowing constraints and asset market dynamics: evidence from the Pacific Basin, Pacific Basin Working Paper Series (1998) View citations (15) (1998)
28. Contractionary effects of devaluation
    FRBSF Economic Letter, 1998, (nov13) View citations (1)
29. Could Russia have learned from China?
    FRBSF Economic Letter, 1998, (sep4)
30. Export competition and contagious currency crises
    FRBSF Economic Letter, 1998, (jan16) View citations (1)
31. Identifying the source of dynamics in disaggregated import data
    Journal of Applied Econometrics, 1998, 13, (3), 305-320 View citations (5)
32. Optimal policy with limited commitment
    Journal of Economic Dynamics and Control, 1998, 22, (6), 887-910 View citations (1)
    See also Working Paper Optimal policy with limited commitment, Working Papers in Applied Economic Theory (1994) (1994)

1997

33. Consumption-based versus production-based models of international equity markets
    Journal of International Money and Finance, 1997, 16, (5), 653-680 View citations (5)
34. Does Singapore invest too much?
    FRBSF Economic Letter, 1997, (may15) View citations (1)
35. Generational accounting in open economies
    Economic Review, 1997, 34-46 View citations (4)
36. Japanese trade deficits?
    FRBSF Economic Letter, 1997, (oct3)
37. Monetary Policy in Japan: A Structural VAR Analysis
    Journal of the Japanese and International Economies, 1997, 11, (3), 275-295 View citations (31)
    See also Working Paper Monetary policy in Japan: a structural VAR analysis, Pacific Basin Working Paper Series (1995) View citations (2) (1995)

1996

38. New measures of Japanese monetary policy
    FRBSF Economic Letter, 1996, (aug9)
39. Post-1997 Hong Kong: a view from the financial markets
    FRBSF Economic Letter, 1996, (nov29)

1995

40. Comovements among national stock markets
    Economic Review, 1995, 14-20 View citations (6)
41. Gaiatsu
    FRBSF Economic Letter, 1995, (sep15)
42. Understanding trends in foreign exchange rates
    FRBSF Economic Letter, 1995, (jun9) View citations (2)

1994

43. Finite horizons and the twin deficits
    Economic Review, 1994, 19-28 View citations (11)
44. Growth and government policy: lessons from Hong Kong and Singapore
    FRBSF Economic Letter, 1994, (oct21)
45. International trade and U.S. labor market trends
    FRBSF Economic Letter, 1994, (nov) View citations (1)
46. Measuring the gains from international portfolio diversification
    FRBSF Economic Letter, 1994, (apr8)

1992

47. Adjustment costs and pricing-to-market theory and evidence
    Journal of International Economics, 1992, 32, (1-2), 1-30 View citations (115)
48. Common stochastic trends in international stock markets
    Journal of Monetary Economics, 1992, 29, (1), 95-124 View citations (446)

1991

49. Extensions of the Hansen-Sargent prediction formulas to sampled and aggregated data
    Economics Letters, 1991, 35, (3), 291-295

1989

50. Solution and estimation of a bivariate interdependent adjustment cost model
    Economics Letters, 1989, 31, (3), 225-230