Details about Andre Kurmann

Access statistics for papers by Andre Kurmann.

Last updated 2024-12-06. Update your information in the RePEc Author Service.

Short-id: pku16

Working Papers

2024

1. Predictable Forecast Errors in Full-Information Rational Expectations Models with Regime Shifts
   Working Papers, Federal Reserve Bank of Cleveland
   Also in School of Economics Working Paper Series, LeBow College of Business, Drexel University (2022) View citations (4)
2. The China Shock Revisited: Job Reallocation and Industry Switching in U.S. Labor Markets
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
   Also in Working Papers, U.S. Census Bureau, Center for Economic Studies (2024) View citations (2)

2023

3. Disincentive Effects of Unemployment Insurance Benefits
   Working Paper, Federal Reserve Bank of Richmond View citations (3)

2022

4. Measuring Small Business Dynamics and Employment with Private-Sector Real-Time Data
   CIRANO Working Papers, CIRANO
   Also in IZA Discussion Papers, Institute of Labor Economics (IZA) (2022)
5. On the Inefficiency of Non-Competes in Low-Wage Labor Markets
   School of Economics Working Paper Series, LeBow College of Business, Drexel University
   Also in Working Paper Series, Federal Reserve Bank of San Francisco (2022)
   See also Journal Article On the inefficiency of non‐competes in low‐wage labour markets, Economica, London School of Economics and Political Science (2024) (2024)
6. School Closures and Effective In-Person Learning during COVID-19
   Working Papers, Chair in macroeconomics and forecasting, University of Quebec in Montreal's School of Management
   See also Journal Article School closures and effective in-person learning during COVID-19, Economics of Education Review, Elsevier (2023) View citations (2) (2023)
7. School Closures and Effective In-Person Learning during COVID-19: When, Where, and for Whom
   IZA Discussion Papers, Institute of Labor Economics (IZA) View citations (1)
   Also in CIRANO Working Papers, CIRANO (2021) View citations (4)
   School of Economics Working Paper Series, LeBow College of Business, Drexel University (2021) View citations (4)

2021

8. The Fiscal and Welfare Effects of Policy Responses to the Covid-19 School Closures
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2021) View citations (16)
   Working Papers, Chair in macroeconomics and forecasting, University of Quebec in Montreal's School of Management (2021) View citations (2)
   CIRANO Working Papers, CIRANO (2021) View citations (12)
   ICIR Working Paper Series, Goethe University Frankfurt, International Center for Insurance Regulation (ICIR) (2021) View citations (15)
   See also Journal Article The Fiscal and Welfare Effects of Policy Responses to the Covid-19 School Closures, IMF Economic Review, Palgrave Macmillan (2023) View citations (5) (2023)
9. The Impact of COVID-19 on Small Business Dynamics and Employment: Real-time Estimates With Homebase Data
   School of Economics Working Paper Series, LeBow College of Business, Drexel University View citations (34)
   Also in CIRANO Working Papers, CIRANO (2021) View citations (23)

2020

10. The Impact of COVID-19 on Small Business Employment and Hours: Real-Time Estimates With Homebase Data
    Working Papers, Chair in macroeconomics and forecasting, University of Quebec in Montreal's School of Management

2019

11. Downward Nominal Wage Rigidity in the United States: New Evidence from Worker-Firm Linked Data
    Working Papers, U.S. Census Bureau, Center for Economic Studies View citations (27)
    Also in School of Economics Working Paper Series, LeBow College of Business, Drexel University (2019) View citations (27)
12. The Impact of Chinese Trade on U.S. Employment: The Good, The Bad, and The Apocryphal
    2019 Meeting Papers, Society for Economic Dynamics View citations (34)

2017

13. Revisions in Utilization-Adjusted TFP and Robust Identification of News Shocks
    School of Economics Working Paper Series, LeBow College of Business, Drexel University View citations (25)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2017) View citations (25)
    2017 Meeting Papers, Society for Economic Dynamics (2017) View citations (25)
    See also Journal Article Revisions in Utilization-Adjusted TFP and Robust Identification of News Shocks, The Review of Economics and Statistics, MIT Press (2021) View citations (26) (2021)

2016

14. Dynamic Inefficiency in Decentralized Capital Markets
    School of Economics Working Paper Series, LeBow College of Business, Drexel University View citations (4)
    See also Journal Article Dynamic inefficiency in decentralized capital markets, Journal of Economic Theory, Elsevier (2018) View citations (4) (2018)
15. Reconciling the Differences in Aggregate U.S. Wage Series
    Staff Working Papers, Bank of Canada View citations (1)
16. Reconciling the Divergence in Aggregate U.S. Wage Series
    IZA Discussion Papers, Institute of Labor Economics (IZA) View citations (5)
    Also in Economic Working Papers, Bureau of Labor Statistics (2016)
    School of Economics Working Paper Series, LeBow College of Business, Drexel University (2015)
    See also Journal Article Reconciling the divergence in aggregate U.S. wage series, Labour Economics, Elsevier (2017) View citations (7) (2017)

2013

17. Stock prices, news, and economic fluctuations: comment
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (2)
    See also Journal Article Stock Prices, News, and Economic Fluctuations: Comment, American Economic Review, American Economic Association (2014) View citations (26) (2014)

2012

18. News shocks and the slope of the term structure of interest rates
    Working Papers, Federal Reserve Bank of St. Louis View citations (8)
    Also in 2010 Meeting Papers, Society for Economic Dynamics (2010) View citations (11)
    Cahiers de recherche, CIRPEE (2010) View citations (14)
    See also Journal Article News Shocks and the Slope of the Term Structure of Interest Rates, American Economic Review, American Economic Association (2013) View citations (150) (2013)

2011

19. News Shocks and the Term Structure of Interest Rates: A Challenge for DSGE Models
    2011 Meeting Papers, Society for Economic Dynamics View citations (8)
20. Reciprocity in Labor Relations: Evidence from a Field Experiment with Long-Term Relationships
    Cahiers de recherche, CIRPEE View citations (4)

2010

21. The Business Cycle Implications of Reciprocity in Labor Relations
    Working Papers, Swiss National Bank View citations (31)
    Also in Cahiers de Recherches Economiques du Département d'économie, Université de Lausanne, Faculté des HEC, Département d’économie (2007) View citations (2)
    Cahiers de recherche, CIRPEE (2007) View citations (1)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2007) View citations (1)
    See also Journal Article The business cycle implications of reciprocity in labor relations, Journal of Monetary Economics, Elsevier (2010) View citations (31) (2010)
22. The Great Increase in Relative Volatility of Real Wages in the United States
    2010 Meeting Papers, Society for Economic Dynamics View citations (6)
    Also in Cahiers de recherche, CIRPEE (2010) View citations (4)

2009

23. Asset Value Constraints in Models of Incomplete Factor Taxation
    Cahiers de recherche, CIRPEE
24. Holdups and Overinvestment in Physical Capital Markets
    Cahiers de recherche, CIRPEE View citations (1)
25. Optimal Capital Taxation in an Economy with Capital Allocation Frictions
    2009 Meeting Papers, Society for Economic Dynamics View citations (7)

2008

26. Holdups and Overinvestment in Physical Capital Markets with Matching Frictions
    2008 Meeting Papers, Society for Economic Dynamics

2007

27. Search Frictions in Physical Capital Markets as a Propagation Mechanism
    Cahiers de recherche, CIRPEE View citations (27)
    Also in 2006 Meeting Papers, Society for Economic Dynamics (2006) View citations (2)

2005

28. Efficiency Wages Revisited: The Internal Reference Perspective (new version)
    Cahiers de Recherches Economiques du Département d'économie, Université de Lausanne, Faculté des HEC, Département d’économie
29. The Macroeconomic Consequences of Reciprocity in Labor Relations
    Cahiers de Recherches Economiques du Département d'économie, Université de Lausanne, Faculté des HEC, Département d’économie View citations (7)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2005)
    Levine's Bibliography, UCLA Department of Economics (2005) View citations (11)
    See also Journal Article The Macroeconomic Consequences of Reciprocity in Labor Relations, Scandinavian Journal of Economics, Wiley Blackwell (2007) View citations (34) (2007)

2004

30. Efficiency Wages Revisited: The Internal Reference Perspective
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (4)
    See also Journal Article Efficiency wages revisited: The internal reference perspective, Economics Letters, Elsevier (2006) View citations (25) (2006)
31. Maximum Likelihood Estimation of Dynamic Stochastic Theories with an Application to New Keynesian Pricing
    Cahiers de recherche, CIRPEE View citations (2)
    Also in Macroeconomics, University Library of Munich, Germany (2004) View citations (15)

2003

32. Fair Wages in a New Keynesian Model of the Business Cycle
    Cahiers de recherche, CIRPEE View citations (10)
    Also in Cahiers de Recherches Economiques du Département d'économie, Université de Lausanne, Faculté des HEC, Département d’économie (2002) View citations (4)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2002) View citations (4)
    See also Journal Article Fair Wages in a New Keynesian Model of the Business Cycle, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2004) View citations (100) (2004)
33. Quantifying the Uncertainty about the Fit of a New Keynesian Pricing Model: Extended Version
    Cahiers de recherche, CIRPEE View citations (2)

Journal Articles

2024

1. On the inefficiency of non‐competes in low‐wage labour markets
   Economica, 2024, 91, (362), 446-496
   See also Working Paper On the Inefficiency of Non-Competes in Low-Wage Labor Markets, School of Economics Working Paper Series (2022) (2022)

2023

2. School closures and effective in-person learning during COVID-19
   Economics of Education Review, 2023, 95, (C) View citations (2)
   See also Working Paper School Closures and Effective In-Person Learning during COVID-19, Working Papers (2022) (2022)
3. The Fiscal and Welfare Effects of Policy Responses to the Covid-19 School Closures
   IMF Economic Review, 2023, 71, (1), 35-98 View citations (5)
   See also Working Paper The Fiscal and Welfare Effects of Policy Responses to the Covid-19 School Closures, CEPR Discussion Papers (2021) (2021)

2022

4. How Did Pandemic UI Benefits Affect Employment Recovery in Local Industry Markets?
   Richmond Fed Economic Brief, 2022, 22, (44)

2021

5. Revisions in Utilization-Adjusted TFP and Robust Identification of News Shocks
   The Review of Economics and Statistics, 2021, 103, (2), 216-235 View citations (26)
   See also Working Paper Revisions in Utilization-Adjusted TFP and Robust Identification of News Shocks, School of Economics Working Paper Series (2017) View citations (25) (2017)

2018

6. Dynamic inefficiency in decentralized capital markets
   Journal of Economic Theory, 2018, 173, (C), 231-256 View citations (4)
   See also Working Paper Dynamic Inefficiency in Decentralized Capital Markets, School of Economics Working Paper Series (2016) View citations (4) (2016)

2017

7. News Shocks and the Slope of the Term Structure of Interest Rates: Reply
   American Economic Review, 2017, 107, (10), 3250-56 View citations (5)
8. Reconciling the divergence in aggregate U.S. wage series
   Labour Economics, 2017, 49, (C), 27-41 View citations (7)
   See also Working Paper Reconciling the Divergence in Aggregate U.S. Wage Series, IZA Discussion Papers (2016) View citations (5) (2016)

2014

9. Holdups and overinvestment in capital markets
   Journal of Economic Theory, 2014, 151, (C), 88-113 View citations (9)
10. Stock Prices, News, and Economic Fluctuations: Comment
    American Economic Review, 2014, 104, (4), 1439-45 View citations (26)
    See also Working Paper Stock prices, news, and economic fluctuations: comment, Finance and Economics Discussion Series (2013) View citations (2) (2013)

2013

11. News Shocks and the Slope of the Term Structure of Interest Rates
    American Economic Review, 2013, 103, (6), 2612-32 View citations (150)
    See also Working Paper News shocks and the slope of the term structure of interest rates, Working Papers (2012) View citations (8) (2012)
12. The great increase in relative wage volatility in the United States
    Journal of Monetary Economics, 2013, 60, (2), 166-183 View citations (31)

2010

13. The business cycle implications of reciprocity in labor relations
    Journal of Monetary Economics, 2010, 57, (7), 837-850 View citations (31)
    See also Working Paper The Business Cycle Implications of Reciprocity in Labor Relations, Working Papers (2010) View citations (31) (2010)

2007

14. The Macroeconomic Consequences of Reciprocity in Labor Relations
    Scandinavian Journal of Economics, 2007, 109, (4), 857-881 View citations (34)
    See also Working Paper The Macroeconomic Consequences of Reciprocity in Labor Relations, Cahiers de Recherches Economiques du Département d'économie (2005) View citations (7) (2005)
15. VAR-based estimation of Euler equations with an application to New Keynesian pricing
    Journal of Economic Dynamics and Control, 2007, 31, (3), 767-796 View citations (45)

2006

16. Efficiency wages revisited: The internal reference perspective
    Economics Letters, 2006, 90, (2), 278-284 View citations (25)
    See also Working Paper Efficiency Wages Revisited: The Internal Reference Perspective, CEPR Discussion Papers (2004) View citations (4) (2004)

2005

17. Quantifying the uncertainty about the fit of a new Keynesian pricing model
    Journal of Monetary Economics, 2005, 52, (6), 1119-1134 View citations (55)

2004

18. Fair Wages in a New Keynesian Model of the Business Cycle
    Review of Economic Dynamics, 2004, 7, (1), 107-142 View citations (100)
    See also Working Paper Fair Wages in a New Keynesian Model of the Business Cycle, Cahiers de recherche (2003) View citations (10) (2003)

2002

19. Expectations and the term structure of interest rates: evidence and implications
    Economic Quarterly, 2002, (Fall), 49-95 View citations (28)