Details about Finn E. Kydland

Phone:	805-893-2258
Postal address:	Department of Economics University of California Santa Barbara CA 93106
Workplace:	Department of Economics, University of California-Santa Barbara (UCSB), (more information at EDIRC)

Access statistics for papers by Finn E. Kydland.

Last updated 2023-03-16. Update your information in the RePEc Author Service.

Short-id: pky2

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Working Papers

2020

1. Checking the Path Towards Recovery from the COVID-19 Isolation Response
   Globalization Institute Working Papers, Federal Reserve Bank of Dallas View citations (2)

2019

2. Exploring The Role of Limited Commitment Constraints in Argentina’s "Missing Capital"
   NBER Working Papers, National Bureau of Economic Research, Inc
3. MoNK: Mortgages in a New-Keynesian Model
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
   Also in Discussion Papers, Centre for Macroeconomics (CFM) (2019) View citations (5)
   Working Papers, Federal Reserve Bank of St. Louis (2019) View citations (3)
4. The Costs and Benefits of Caring: Aggregate Burdens of an Aging Population
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (7)

2018

5. Argentina’s “Missing Capital” Puzzle and Limited Commitment Constraints
   Working Papers, Federal Reserve Bank of Dallas

2016

6. Mortgages and Monetary Policy
   Discussion Papers, Centre for Macroeconomics (CFM) View citations (19)
   Also in Working Papers, Federal Reserve Bank of St. Louis (2015) View citations (4)
   NBER Working Papers, National Bureau of Economic Research, Inc (2013) View citations (55)
7. Nominal Rigidities in Debt and Product Markets
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (9)
   Also in Discussion Papers, Centre for Macroeconomics (CFM) (2016) View citations (8)
   Working Papers, Federal Reserve Bank of St. Louis (2016) View citations (8)

2014

8. Housing Dynamics over the Business Cycle
   Discussion Papers, Centre for Macroeconomics (CFM) View citations (10)
   Also in University of California at Santa Barbara, Economics Working Paper Series, Department of Economics, UC Santa Barbara (2012) View citations (34)
   NBER Working Papers, National Bureau of Economic Research, Inc (2012) View citations (33)

2013

9. Fiscal sentiment and the weak recovery from the Great Recession: a quantitative exploration
   Working Papers, Federal Reserve Bank of Dallas View citations (8)
   Also in 2012 Meeting Papers, Society for Economic Dynamics (2012) View citations (2)
   See also Journal Article Fiscal sentiment and the weak recovery from the Great Recession: A quantitative exploration, Journal of Monetary Economics, Elsevier (2016) View citations (17) (2016)
10. Monetary policy, the tax code, and the real effects of energy shocks
    Working Papers, Federal Reserve Bank of Dallas View citations (1)
    Also in Working Papers, Federal Reserve Bank of St. Louis (2013) View citations (2)
    See also Journal Article Monetary Policy, the Tax Code, and the Real Effects of Energy Shocks, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2015) View citations (7) (2015)

2011

11. The High Cross-Country Correlations of Prices and Interest Rates
    Discussion Papers, University of Nottingham, Centre for Finance, Credit and Macroeconomics (CFCM) View citations (5)
    Also in MPRA Paper, University Library of Munich, Germany (2008) View citations (22)

2009

12. Expert Panel Ranking
    Post-Print, HAL
13. Globally Correlated Nominal Fluctuations
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
    See also Journal Article Globally correlated nominal fluctuations, Journal of Monetary Economics, Elsevier (2013) View citations (41) (2013)

2006

14. Monetary policy, taxes and the business cycle
    Working Papers, Federal Reserve Bank of St. Louis View citations (2)
    Also in 2005 Meeting Papers, Society for Economic Dynamics (2005) View citations (1)
    Computing in Economics and Finance 2004, Society for Computational Economics (2004) View citations (3)
    See also Journal Article Monetary policy, taxes, and the business cycle, Journal of Monetary Economics, Elsevier (2007) View citations (18) (2007)

2005

15. Autobiography
    Nobel Prize in Economics documents, Nobel Prize Committee
16. Endogenous Money, Inflation and Welfare
    2005 Meeting Papers, Society for Economic Dynamics View citations (1)
    See also Journal Article Endogenous Money, Inflation and Welfare, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2010) View citations (14) (2010)
17. Ireland's great depression
    Working Papers, Federal Reserve Bank of Dallas View citations (7)
    See also Journal Article Ireland’s Great Depression, The Economic and Social Review, Economic and Social Studies (2006) View citations (10) (2006)

2004

18. Argentina's capital gap puzzle
    Center for Latin America Working Papers, Federal Reserve Bank of Dallas View citations (2)
19. Betting against your neighbor: a quantitative investigation
    2004 Meeting Papers, Society for Economic Dynamics
20. Inflation persistence and flexible prices
    Working Papers, Federal Reserve Bank of St. Louis View citations (1)
    Also in Computing in Economics and Finance 2002, Society for Computational Economics (2002) View citations (4)
    See also Journal Article INFLATION PERSISTENCE AND FLEXIBLE PRICES, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (2005) View citations (32) (2005)
21. Interview with the 2004 Laureates in Economics, Finn E. Kydland and Edward C. Prescott
    Nobel Prize in Economics documents, Nobel Prize Committee View citations (1)
22. Quantitative Aggregate Theory
    Nobel Prize in Economics documents, Nobel Prize Committee View citations (3)

2003

23. Argentina's lost decade and subsequent recovery: hits and misses of the neoclassical growth model
    Center for Latin America Working Papers, Federal Reserve Bank of Dallas View citations (4)

2002

24. Argentina's recovery and "excess" capital shallowing of the 1990s
    Center for Latin America Working Papers, Federal Reserve Bank of Dallas View citations (5)
    See also Journal Article Argentina's recovery and excess capital shallowing of the 1990s, Estudios de Economia, University of Chile, Department of Economics (2002) View citations (4) (2002)
25. Online Appendix to Argentina's Lost Decade and the Subsequent Recovery Puzzle
    Online Appendices, Review of Economic Dynamics View citations (1)
    See also Journal Article Argentina's Lost Decade, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2002) View citations (78) (2002)

2001

26. Argentina's lost decade
    Center for Latin America Working Papers, Federal Reserve Bank of Dallas View citations (3)
    See also Journal Article Argentina's Lost Decade, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2002) View citations (78) (2002)

2000

27. Home production meets time-to-build
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (2)
    See also Journal Article Home Production Meets Time to Build, Journal of Political Economy, University of Chicago Press (2001) View citations (118) (2001)
28. The nominal facts and the October 1979 policy change
    Working Papers, Federal Reserve Bank of St. Louis View citations (6)
    See also Journal Article The nominal facts and the October 1979 policy change, Review, Federal Reserve Bank of St. Louis (2000) View citations (6) (2000)

1998

29. Monetary aggregates and output
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (3)
    Also in Working Papers, Federal Reserve Bank of St. Louis (1998) View citations (2)
    See also Journal Article Monetary Aggregates and Output, American Economic Review, American Economic Association (2000) View citations (69) (2000)

1997

30. Endogenous money supply and the business cycle
    Working Papers, Federal Reserve Bank of St. Louis View citations (1)
    Also in Working Papers (Old Series), Federal Reserve Bank of Cleveland (1996) View citations (11)
    See also Journal Article Endogenous Money Supply and the Business Cycle, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (1999) View citations (43) (1999)

1994

31. The computational experiment: an econometric tool
    Staff Report, Federal Reserve Bank of Minneapolis View citations (7)
    Also in Working Papers (Old Series), Federal Reserve Bank of Cleveland (1994) View citations (3)
    See also Journal Article The Computational Experiment: An Econometric Tool, Journal of Economic Perspectives, American Economic Association (1996) View citations (163) (1996)

1993

32. Business cycles and aggregate labor-market fluctuations
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (37)
33. International Business Cycles: Theory and Evidence
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (188)
    Also in Working Papers, New York University, Leonard N. Stern School of Business, Department of Economics (1993) View citations (90)

1992

34. Dynamics of the Trade Balance and the Terms of Trade: The J-Curve Revisited
    Working Papers, New York University, Leonard N. Stern School of Business, Department of Economics View citations (6)
    Also in Discussion Paper / Institute for Empirical Macroeconomics, Federal Reserve Bank of Minneapolis (1992) View citations (7)
35. Dynamics of the Trade Balance and the Terms of Trade: The S-Curve
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (10)
    Also in Instructional Stata datasets for econometrics, Boston College Department of Economics
    Working Papers (Old Series), Federal Reserve Bank of Cleveland (1992) View citations (11)
    See also Journal Article Dynamics of the Trade Balance and the Terms of Trade: The J-Curve?, American Economic Review, American Economic Association (1994) View citations (866) (1994)
    Software Item Web interface for "Dynamics of the Trade Balance and the Terms of Trade: The J-Curve?", QM&RBC Codes, Quantitative Macroeconomics & Real Business Cycles (1992) (1992)
    Software Item DOS executable for "Dynamics of the Trade Balance and the Terms of Trade: The J-Curve?", QM&RBC Codes, Quantitative Macroeconomics & Real Business Cycles (1992) (1992)
36. Relative Price Movements in Dynamic General Equilibrium Models of International Trade
    Working Papers, New York University, Leonard N. Stern School of Business, Department of Economics View citations (12)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1992) View citations (14)
    Working Papers (Old Series), Federal Reserve Bank of Cleveland (1992) View citations (11)
37. The gold standard as a rule
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (16)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1990) View citations (18)

1991

38. International real business cycles
    Staff Report, Federal Reserve Bank of Minneapolis View citations (48)
    Also in Working Papers, Federal Reserve Bank of Minneapolis (1987)
    See also Journal Article International Real Business Cycles, Journal of Political Economy, University of Chicago Press (1992) View citations (1265) (1992)
39. On the econometrics of world business cycles
    Working Papers (Old Series), Federal Reserve Bank of Cleveland
    See also Journal Article On the econometrics of world business cycles, European Economic Review, Elsevier (1992) View citations (7) (1992)

1990

40. The econometrics of the general equilibrium approach to business cycles
    Staff Report, Federal Reserve Bank of Minneapolis View citations (10)

1989

41. Hours and employment variation in business cycle theory
    Discussion Paper / Institute for Empirical Macroeconomics, Federal Reserve Bank of Minneapolis View citations (10)
    See also Journal Article Hours and Employment Variation in Business Cycle Theory, Economic Theory, Springer (1991) View citations (121) (1991)
42. The role of money in a business cycle model
    Discussion Paper / Institute for Empirical Macroeconomics, Federal Reserve Bank of Minneapolis View citations (21)

1980

43. Time to Build and the Persistence of Unemployment
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science View citations (1)

Journal Articles

2016

1. Fiscal sentiment and the weak recovery from the Great Recession: A quantitative exploration
   Journal of Monetary Economics, 2016, 79, (C), 109-125 View citations (17)
   See also Working Paper Fiscal sentiment and the weak recovery from the Great Recession: a quantitative exploration, Working Papers (2013) View citations (8) (2013)

2015

2. Monetary Policy, the Tax Code, and the Real Effects of Energy Shocks
   Review of Economic Dynamics, 2015, 18, (3), 694-707 View citations (7)
   See also Working Paper Monetary policy, the tax code, and the real effects of energy shocks, Working Papers (2013) View citations (1) (2013)

2013

3. Globally correlated nominal fluctuations
   Journal of Monetary Economics, 2013, 60, (6), 613-631 View citations (41)
   See also Working Paper Globally Correlated Nominal Fluctuations, NBER Working Papers (2009) View citations (3) (2009)

2010

4. Endogenous Money, Inflation and Welfare
   Review of Economic Dynamics, 2010, 13, (2), 470-486 View citations (14)
   See also Working Paper Endogenous Money, Inflation and Welfare, 2005 Meeting Papers (2005) View citations (1) (2005)
   Software Item Code and data files for "Endogenous Money, Inflation and Welfare", Computer Codes (2009) (2009)

2008

5. On the record: putting people into economic policy: a conversation with Finn Kydland
   Southwest Economy, 2008, (May), 8-9

2007

6. Monetary policy, taxes, and the business cycle
   Journal of Monetary Economics, 2007, 54, (6), 1587-1611 View citations (18)
   See also Working Paper Monetary policy, taxes and the business cycle, Working Papers (2006) View citations (2) (2006)

2006

7. Ireland’s Great Depression
   The Economic and Social Review, 2006, 37, (2), 215-243 View citations (10)
   See also Working Paper Ireland's great depression, Working Papers (2005) View citations (7) (2005)
8. Quantitative Aggregate Economics
   American Economic Review, 2006, 96, (5), 1373-1383 View citations (5)

2005

9. INFLATION PERSISTENCE AND FLEXIBLE PRICES
   International Economic Review, 2005, 46, (1), 245-261 View citations (32)
   See also Working Paper Inflation persistence and flexible prices, Working Papers (2004) View citations (1) (2004)

2002

10. Alternative monetary constitutions and the quest for price stability
    Economic and Financial Policy Review, 2002, 1, (1) View citations (6)
11. Argentina's Lost Decade
    Review of Economic Dynamics, 2002, 5, (1), 152-165 View citations (78)
    See also Working Paper Online Appendix to Argentina's Lost Decade and the Subsequent Recovery Puzzle, Online Appendices (2002) View citations (1) (2002)
    Working Paper Argentina's lost decade, Center for Latin America Working Papers (2001) View citations (3) (2001)
12. Argentina's recovery and excess capital shallowing of the 1990s
    Estudios de Economia, 2002, 29, (1 Year 2002), 35-45 View citations (4)
    See also Working Paper Argentina's recovery and "excess" capital shallowing of the 1990s, Center for Latin America Working Papers (2002) View citations (5) (2002)

2001

13. Home Production Meets Time to Build
    Journal of Political Economy, 2001, 109, (5), 1115-1131 View citations (118)
    See also Working Paper Home production meets time-to-build, Working Papers (Old Series) (2000) View citations (2) (2000)

2000

14. Monetary Aggregates and Output
    American Economic Review, 2000, 90, (5), 1125-1135 View citations (69)
    See also Working Paper Monetary aggregates and output, Working Papers (Old Series) (1998) View citations (3) (1998)
15. The nominal facts and the October 1979 policy change
    Review, 2000, 82, (Nov), 39-61 View citations (6)
    See also Working Paper The nominal facts and the October 1979 policy change, Working Papers (2000) View citations (6) (2000)

1999

16. Endogenous Money Supply and the Business Cycle
    Review of Economic Dynamics, 1999, 2, (2), 347-369 View citations (43)
    See also Working Paper Endogenous money supply and the business cycle, Working Papers (1997) View citations (1) (1997)
17. Price-level uncertainty and inflation targeting
    Review, 1999, 81, (Jul), 23-34 View citations (16)
18. The inflation-output variability tradeoff and price-level targets
    Review, 1999, (Jan), 23-32 View citations (29)

1997

19. Does being different matter?
    Economic and Financial Policy Review, 1997, (Q III), 2-11
20. Is the business cycle of Argentina "different?"
    Economic and Financial Policy Review, 1997, (Q IV), 21-36 View citations (43)

1996

21. The Computational Experiment: An Econometric Tool
    Journal of Economic Perspectives, 1996, 10, (1), 69-85 View citations (163)
    See also Working Paper The computational experiment: an econometric tool, Staff Report (1994) View citations (7) (1994)

1995

22. Liquidity Effects and Transactions Technologies: Comment
    Journal of Money, Credit and Banking, 1995, 27, (4), 1458-61 View citations (1)
23. The Gold Standard As a Rule: An Essay in Exploration
    Explorations in Economic History, 1995, 32, (4), 423-464 View citations (160)

1994

24. Dynamics of the Trade Balance and the Terms of Trade: The J-Curve?
    American Economic Review, 1994, 84, (1), 84-103 View citations (866)
    See also Working Paper Dynamics of the Trade Balance and the Terms of Trade: The S-Curve, NBER Working Papers (1992) View citations (10) (1992)
    Software Item Web interface for "Dynamics of the Trade Balance and the Terms of Trade: The J-Curve?", QM&RBC Codes (1992) (1992)
    Software Item DOS executable for "Dynamics of the Trade Balance and the Terms of Trade: The J-Curve?", QM&RBC Codes (1992) (1992)
25. Heterogeneous agents in quantitative aggregate economic theory
    Journal of Economic Dynamics and Control, 1994, 18, (3-4), 849-864 View citations (2)

1993

26. Cyclical movements of the labor input and its implicit real wage
    Economic Review, 1993, 29, (Q II), 12-23 View citations (27)
27. International business cycles: theory vs. evidence
    Quarterly Review, 1993, 17, (Fall), 14-29 View citations (63)

1992

28. International Real Business Cycles
    Journal of Political Economy, 1992, 100, (4), 745-75 View citations (1265)
    See also Working Paper International real business cycles, Staff Report (1991) View citations (48) (1991)
29. On the econometrics of world business cycles
    European Economic Review, 1992, 36, (2-3), 476-482 View citations (7)
    See also Working Paper On the econometrics of world business cycles, Working Papers (Old Series) (1991) (1991)

1991

30. Hours and Employment Variation in Business Cycle Theory
    Economic Theory, 1991, 1, (1), 63-81 View citations (121)
    See also Working Paper Hours and employment variation in business cycle theory, Discussion Paper / Institute for Empirical Macroeconomics (1989) View citations (10) (1989)
31. Inflation, Personal Taxes, and Real Output: A Dynamic Analysis
    Journal of Money, Credit and Banking, 1991, 23, (3), 575-79 View citations (8)

1990

32. Business cycles: real facts and a monetary myth
    Quarterly Review, 1990, 14, (Spr), 3-18 View citations (490)

1989

33. Macroeconomic implications
    Proceedings, 1989, 201-213 View citations (9)

1988

34. Intertemporal Preferences and Labor Supply
    Econometrica, 1988, 56, (2), 335-60 View citations (66)
35. The workweek of capital and its cyclical implications
    Journal of Monetary Economics, 1988, 21, (2-3), 343-360 View citations (70)

1984

36. A clarification: Using the growth model to account for fluctuations: Reply to James Heckman
    Carnegie-Rochester Conference Series on Public Policy, 1984, 21, (1), 225-230 View citations (5)
37. Labor-force heterogeneity and the business cycle
    Carnegie-Rochester Conference Series on Public Policy, 1984, 21, (1), 173-208 View citations (98)

1982

38. Predicting the price level in a world that changes all the time: A comment
    Carnegie-Rochester Conference Series on Public Policy, 1982, 17, (1), 57-65
39. Time to Build and Aggregate Fluctuations
    Econometrica, 1982, 50, (6), 1345-70 View citations (3218)
    See also Software Item Executable program for "Time to Build and Aggregate Fluctuations", QM&RBC Codes (1982) (1982)
    Software Item Web interface for "Time to Build and Aggregate Fluctuations", QM&RBC Codes (1982) (1982)

1980

40. Dynamic optimal taxation, rational expectations and optimal control
    Journal of Economic Dynamics and Control, 1980, 2, (1), 79-91 View citations (225)

1977

41. Equilibrium solutions in dynamic dominant-player models
    Journal of Economic Theory, 1977, 15, (2), 307-324 View citations (37)
42. Rules Rather Than Discretion: The Inconsistency of Optimal Plans
    Journal of Political Economy, 1977, 85, (3), 473-91 View citations (3810)

1975

43. Hierarchical Decomposition in Linear Economic Models
    Management Science, 1975, 21, (9), 1029-1039
44. Noncooperative and Dominant Player Solutions in Discrete Dynamic Games
    International Economic Review, 1975, 16, (2), 321-35 View citations (43)

Edited books

1995

1. BUSINESS CYCLE THEORY
   Books, Edward Elgar Publishing View citations (449)

Chapters

1980

1. A Competitive Theory of Fluctuations and the Feasibility and Desirability of Stabilization Policy
   A chapter in Rational Expectations and Economic Policy, 1980, pp 169-198 View citations (64)

1976

2. Decentralized Stabilization Policies: Optimization and the Assignment Problem
   A chapter in Annals of Economic and Social Measurement, Volume 5, number 2, 1976, pp 249-261 View citations (2)

Software Items

2009

1. Code and data files for "Endogenous Money, Inflation and Welfare"
   Computer Codes, Review of Economic Dynamics
   See also Journal Article Endogenous Money, Inflation and Welfare, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2010) View citations (14) (2010)

1992

2. DOS executable for "Dynamics of the Trade Balance and the Terms of Trade: The J-Curve?"
   QM&RBC Codes, Quantitative Macroeconomics & Real Business Cycles
   See also Working Paper Dynamics of the Trade Balance and the Terms of Trade: The S-Curve, NBER Working Papers, National Bureau of Economic Research, Inc (1992) View citations (10) (1992)
   Journal Article Dynamics of the Trade Balance and the Terms of Trade: The J-Curve?, American Economic Review, American Economic Association (1994) View citations (866) (1994)
3. Web interface for "Dynamics of the Trade Balance and the Terms of Trade: The J-Curve?"
   QM&RBC Codes, Quantitative Macroeconomics & Real Business Cycles
   See also Working Paper Dynamics of the Trade Balance and the Terms of Trade: The S-Curve, NBER Working Papers, National Bureau of Economic Research, Inc (1992) View citations (10) (1992)
   Journal Article Dynamics of the Trade Balance and the Terms of Trade: The J-Curve?, American Economic Review, American Economic Association (1994) View citations (866) (1994)

1982

4. Executable program for "Time to Build and Aggregate Fluctuations"
   QM&RBC Codes, Quantitative Macroeconomics & Real Business Cycles
   See also Journal Article Time to Build and Aggregate Fluctuations, Econometrica, Econometric Society (1982) View citations (3218) (1982)
5. Web interface for "Time to Build and Aggregate Fluctuations"
   QM&RBC Codes, Quantitative Macroeconomics & Real Business Cycles
   See also Journal Article Time to Build and Aggregate Fluctuations, Econometrica, Econometric Society (1982) View citations (3218) (1982)