Details about Milton H. Marquis

Access statistics for papers by Milton H. Marquis.

Last updated 2023-08-05. Update your information in the RePEc Author Service.

Short-id: pma353

Working Papers

2018

1. Rethinking Development Policy: Deindustrialization, Servicification and Structural Transformation
   IMF Working Papers, International Monetary Fund View citations (7)

2011

2. The wage premium puzzle and the quality of human capital
   Working Paper Series, Federal Reserve Bank of San Francisco View citations (2)
   See also Journal Article The wage premium puzzle and the quality of human capital, International Review of Economics & Finance, Elsevier (2014) View citations (10) (2014)

2009

3. The role of capital service-life in a model with heterogenous labor and vintage capital
   Working Paper Series, Federal Reserve Bank of San Francisco

2007

4. Productivity shocks in a model with vintage capital and heterogeneous labor
   Working Paper Series, Federal Reserve Bank of San Francisco View citations (3)

2005

5. Accounting for the Secular "Decline" of U.S. Manufacturing
   2005 Meeting Papers, Society for Economic Dynamics
   Also in Working Paper Series, Federal Reserve Bank of San Francisco (2005) View citations (3)
6. On using relative prices to measure capital-specific technological progress
   Working Paper Series, Federal Reserve Bank of San Francisco View citations (13)
   See also Journal Article On using relative prices to measure capital-specific technological progress, Journal of Macroeconomics, Elsevier (2008) View citations (6) (2008)

2004

7. Mortgages as Recursive Contracts
   Econometric Society 2004 North American Winter Meetings, Econometric Society View citations (1)
   Also in Working Paper Series, Federal Reserve Bank of San Francisco (2003) View citations (2)

2003

8. Bank Intermediation and Persistent Liquidity Effects in the Presence of a Frictionless Bond Market
   Economics, Department of Economics, Central bank of Iceland
   Also in Working Paper Series, Federal Reserve Bank of San Francisco (2000) View citations (2)
9. Some implications of using prices to measure productivity in a two-sector growth model
   Working Paper Series, Federal Reserve Bank of San Francisco View citations (1)

2001

10. Inflation taxes, financial intermediation, and home production
    Working Paper Series, Federal Reserve Bank of San Francisco

1994

11. An RBC model with growth: the role of human capital
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (10)
    See also Journal Article An RBC model with growth: the role of human capital, Journal of Economics and Business, Elsevier (1998) View citations (6) (1998)
12. Optimal disinflation paths when growth is endogenous
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (1)

Journal Articles

2020

1. Rethinking development policy: What remains of structural transformation?
   World Development, 2020, 128, (C) View citations (8)

2019

2. Moral Hazard in Lending and Labor Market Volatility
   Journal of Money, Credit and Banking, 2019, 51, (1), 79-109 View citations (5)

2018

3. ASYMMETRY AND THE AMPLITUDE OF BUSINESS CYCLE FLUCTUATIONS: A QUANTITATIVE INVESTIGATION OF THE ROLE OF FINANCIAL FRICTIONS
   Macroeconomic Dynamics, 2018, 22, (2), 279-306 View citations (5)
4. Labor Market Volatility in the RBC Search Model: A Look at Hagedorn and Manovskii’s Calibration
   Computational Economics, 2018, 52, (2), 583-602 View citations (7)

2015

5. Equilibrium Shirking, Access to Credit and Endogenous TFP Fluctuations
   Economica, 2015, 82, (327), 486-507 View citations (1)

2014

6. The wage premium puzzle and the quality of human capital
   International Review of Economics & Finance, 2014, 33, (C), 100-110 View citations (10)
   See also Working Paper The wage premium puzzle and the quality of human capital, Working Paper Series (2011) View citations (2) (2011)

2013

7. Bringing Culture to Macroeconomics
   Atlantic Economic Journal, 2013, 41, (3), 301-315

2011

8. Understanding liquidity shortages during severe economic downturns
   Journal of Economic Dynamics and Control, 2011, 35, (3), 330-343 View citations (3)

2010

9. Relative productivity growth and the secular "decline" of U.S. manufacturing
   The Quarterly Review of Economics and Finance, 2010, 50, (1), 67-74 View citations (4)

2008

10. On using relative prices to measure capital-specific technological progress
    Journal of Macroeconomics, 2008, 30, (4), 1390-1406 View citations (6)
    See also Working Paper On using relative prices to measure capital-specific technological progress, Working Paper Series (2005) View citations (13) (2005)

2003

11. Bank lending to businesses in a jobless recovery
    FRBSF Economic Letter, 2003, (jul25)
12. Mortgage refinancing
    FRBSF Economic Letter, 2003, (oct3) View citations (2)
13. Shifting household assets in a bear market
    FRBSF Economic Letter, 2003, (mar28)

2002

14. Banks, bonds, and the liquidity effect
    Economic Review, 2002, 35-50 View citations (2)
15. Setting the interest rate
    FRBSF Economic Letter, 2002, (oct11) View citations (2)
16. What's behind the low U.S. personal saving rate?
    FRBSF Economic Letter, 2002, (mar29) View citations (6)

2001

17. Bank Intermediation over the Business Cycle
    Journal of Money, Credit and Banking, 2001, 33, (4), 876-99 View citations (19)
18. Fiscal Policy and Human Capital Accumulation in a Home Production Economy
    The B.E. Journal of Macroeconomics, 2001, 1, (1), 33 View citations (4)
19. Inflation: the 2% solution
    FRBSF Economic Letter, 2001, (feb.2)
20. What's different about banks - still?
    FRBSF Economic Letter, 2001, (apr.6)

1999

21. Formal Training, On-the-Job Training and the Allocation of Time
    Journal of Macroeconomics, 1999, 21, (3), 423-442 View citations (5)
22. The Joint and Several Effects of Liquidity Constraints, Financing Constraints, and Financial Intermediation on the Welfare Cost of Inflation
    Monetary and Economic Studies, 1999, 17, (2), 1-20 View citations (2)
23. Transitional and Steady‐state Costs of Disinflattion When Growth is Endogenou
    Economica, 1999, 66, (264), 489-508 View citations (3)

1998

24. An RBC model with growth: the role of human capital
    Journal of Economics and Business, 1998, 50, (5), 431-444 View citations (6)
    See also Working Paper An RBC model with growth: the role of human capital, Finance and Economics Discussion Series (1994) View citations (10) (1994)

1997

25. Home production with endogenous growth
    Journal of Monetary Economics, 1997, 39, (3), 551-569 View citations (30)

1996

26. Erratum to "Note on cyclical employment in the consumption goods sector" [Economics Letters 51 (1996) 213]
    Economics Letters, 1996, 53, (1), 113-113 View citations (2)
27. Note on cyclical employment in the consumption goods sector
    Economics Letters, 1996, 51, (2), 213-218 View citations (3)
28. Note on human capital externalities
    Journal of Macroeconomics, 1996, 18, (2), 341-351 View citations (8)

1995

29. Delineating Spatial Markets Using Multivariate Time Series
    The Review of Regional Studies, 1995, 25, (3), 247-270
30. Equilibrium Growth in a Monetary Economy with Transactions Costs
    Bulletin of Economic Research, 1995, 47, (3), 233-51 View citations (1)

1994

31. Intra-National Effects of a Countervailing Duty on the United States/Canadian Hog Market
    Review of Agricultural Economics, 1994, 16, (2), 187-201 View citations (5)
32. New Technology Spillovers into the Payment System
    Economic Journal, 1994, 104, (426), 1123-38 View citations (70)

1993

33. Anticipated inflation and capital in a multisector monetary economy
    International Review of Economics & Finance, 1993, 2, (2), 129-147
34. Capital Allocative Disturbances and Economic Fluctuations
    The Review of Economics and Statistics, 1993, 75, (2), 233-40 View citations (5)

1992

35. Capital accumulation, price stability, and base drift
    Journal of Macroeconomics, 1992, 14, (2), 321-335

1991

36. Real interest rates and endogenous growth in a monetary economy
    Economics Letters, 1991, 37, (2), 105-109 View citations (25)

1990

37. Financial Innovation, Price Smoothing, and Monetary Policy
    Economic Inquiry, 1990, 28, (4), 831-50

1989

38. Cash management and the demand for money by firms
    Journal of Macroeconomics, 1989, 11, (3), 333-350 View citations (3)
39. Interest rate volatility in a partial equilibrium model of household money demand
    Journal of Macroeconomics, 1989, 11, (1), 67-80 View citations (1)

1988

40. Book Review: A Nation in Debt: Economists Debate the Federal Budget Deficit
    Cato Journal, 1988, 8, (1), 222-224

Chapters

1993

1. Spatial Price Theory and Market Delineation
   Palgrave Macmillan