Details about Michel Normandin

Access statistics for papers by Michel Normandin.

Last updated 2019-03-31. Update your information in the RePEc Author Service.

Short-id: pno3

Working Papers

2011

1. Fiscal Policy and External Adjustment: New Evidence
   Cahiers de recherche, CIRPEE View citations (7)
   See also Journal Article Fiscal policy and external adjustment: New evidence, Journal of International Money and Finance, Elsevier (2014) View citations (15) (2014)

2010

2. Equity Premia and State-Dependent Risks
   Cahiers de recherche, CIRPEE
   See also Journal Article Equity premia and state-dependent risks, International Review of Economics & Finance, Elsevier (2015) (2015)
3. Measuring the Effects of Fiscal Policy
   Cahiers de recherche, CIRPEE View citations (6)
   See also Journal Article Measuring the effects of fiscal policy, Journal of Economic Dynamics and Control, Elsevier (2014) View citations (22) (2014)
4. Stock Returns and Monetary Policy: Are There Any Ties ?
   Cahiers de recherche, CIRPEE View citations (1)
   See also Journal Article Stock returns and monetary policy: Are there any ties?, Journal of Macroeconomics, Elsevier (2013) View citations (8) (2013)

2008

5. Do Tax Cuts Generate Twin Deficits? A Multi-Country Analysis
   Cahiers de recherche, CIRPEE View citations (1)
   See also Journal Article Do tax cuts generate twin deficits? A multi-country analysis, Canadian Journal of Economics, Canadian Economics Association (2012) View citations (9) (2012)
6. External and Budget Deficits in Developing Countries
   Cahiers de recherche, CIRPEE
7. Fluctuations in the Foreign Exchange Market: How Important are Monetary Policy Shocks?
   Cahiers de recherche, CIRPEE View citations (2)
   See also Journal Article Fluctuations in the foreign exchange market: How important are monetary policy shocks?, Journal of International Economics, Elsevier (2010) View citations (76) (2010)
8. Macroeconomic Effects of Terrorist Shocks in Israel
   Cahiers de recherche, CIRPEE View citations (1)
   See also Journal Article MACROECONOMIC EFFECTS OF TERRORIST SHOCKS IN ISRAEL, Defence and Peace Economics, Taylor & Francis Journals (2010) View citations (6) (2010)

2006

9. Fiscal Policies, External Deficits, and Budget Deficits
   Cahiers de recherche, CIRPEE View citations (5)
   Also in Cahiers de recherche, HEC Montréal, Institut d'économie appliquée (2006) View citations (4)
10. Global versus Country-Specific Shocks and International Business Cycles
    Cahiers de recherche, CIRPEE View citations (3)
    Also in Cahiers de recherche, HEC Montréal, Institut d'économie appliquée (2005)
    See also Journal Article Global versus country-specific shocks and international business cycles, Journal of Macroeconomics, Elsevier (2010) View citations (4) (2010)
11. The Effects of Monetary-Policy Shocks on Real Wages: A Multi-Country Investigation The Effects of Monetary-Policy Shocks on Real Wages: A Multi-Country Investigationv
    Cahiers de recherche, HEC Montréal, Institut d'économie appliquée View citations (7)

2005

12. An Empirical Analysis of U.S. Aggregate Portfolio Allocations
    Cahiers de Recherches Economiques du Département d'économie, Université de Lausanne, Faculté des HEC, Département d’économie View citations (2)
    Also in Cahiers de recherche, HEC Montréal, Institut d'économie appliquée (2005) View citations (2)
    CIRANO Working Papers, CIRANO (2005) View citations (3)
    Cahiers de recherche, CIRPEE (2005) View citations (2)
13. Closing International Real Business Cycle Models with Restricted Financial Markets
    Cahiers de recherche, CIRPEE View citations (10)
    Also in Cahiers de recherche, HEC Montréal, Institut d'économie appliquée (2005) View citations (7)
    See also Journal Article Closing international real business cycle models with restricted financial markets, Journal of International Money and Finance, Elsevier (2008) View citations (25) (2008)

2004

14. Econometric Inference, Cyclical Fluctuations, and Superior Information
    Cahiers de recherche, CIRPEE
    Also in Cahiers de recherche, HEC Montréal, Institut d'économie appliquée (2004)
15. The Current Account and the Interest Differential In Canada
    Cahiers de recherche, HEC Montréal, Institut d'économie appliquée View citations (2)
    Also in Cahiers de recherche, CIRPEE (2004) View citations (3)

2003

16. Canadian and U.S. Financial Markets: Testing the International Integration Hypothesis Under Time-Varying Conditional Volatility
    Cahiers de recherche, HEC Montréal, Institut d'économie appliquée View citations (1)
    See also Journal Article Canadian and U.S. financial markets: testing the international integration hypothesis under time-varying conditional volatility, Canadian Journal of Economics, Canadian Economics Association (2004) View citations (4) (2004)
17. Dynamics of the Current Account and Interest Differentials
    Cahiers de recherche, CIRPEE
    Also in Cahiers de recherche, HEC Montréal, Institut d'économie appliquée (2003) View citations (6)
    See also Journal Article Dynamics of the current account and interest differentials, Journal of International Economics, Elsevier (2008) View citations (8) (2008)
18. Monetary Policy Shocks: Testing Identification Conditions Under Time-Varying Conditional Volatility
    Cahiers de recherche, CIRPEE View citations (10)
    Also in Cahiers de recherche, HEC Montréal, Institut d'économie appliquée (2003) View citations (1)
    See also Journal Article Monetary policy shocks:: Testing identification conditions under time-varying conditional volatility, Journal of Monetary Economics, Elsevier (2004) View citations (78) (2004)
19. Recursive Measures of Total Wealth and Portfolio Return
    Cahiers de recherche, HEC Montréal, Institut d'économie appliquée
    Also in Cahiers de recherche, CIRPEE (2003)
    See also Journal Article Recursive measures of total wealth and portfolio return, Applied Financial Economics, Taylor & Francis Journals (2005) (2005)

2001

20. Canadian Consumption and Portfolio Shares
    Cahiers de recherche CREFE / CREFE Working Papers, CREFE, Université du Québec à Montréal View citations (3)
    See also Journal Article Canadian consumption and portfolio shares, Canadian Journal of Economics, Canadian Economics Association (2002) View citations (5) (2002)
21. Labor Hoarding, Superior Information and Business Cycle Dynamics
    Cahiers de recherche CREFE / CREFE Working Papers, CREFE, Université du Québec à Montréal View citations (2)
    See also Journal Article Labor hoarding, superior information, and business cycle dynamics, Journal of Economic Dynamics and Control, Elsevier (2003) View citations (3) (2003)

2000

22. General Equilibrium Macroeconomic Models and Superior Information
    Cahiers de recherche CREFE / CREFE Working Papers, CREFE, Université du Québec à Montréal
    See also Journal Article General equilibrium macroeconomic models and superior information, Applied Economics Letters, Taylor & Francis Journals (2002) (2002)

1999

23. Capacity Utilization and the Dynamics of Business Cycle Fluctuations
    Cahiers de recherche CREFE / CREFE Working Papers, CREFE, Université du Québec à Montréal View citations (6)
24. The Integration of Financial Markets and the Conduct of Monetary Policies: The Case of Canada and the United States
    Cahiers de recherche CREFE / CREFE Working Papers, CREFE, Université du Québec à Montréal View citations (2)
25. Total Wealth, Consumption and Portfolio Shares: Evidence and Theory
    Cahiers de recherche CREFE / CREFE Working Papers, CREFE, Université du Québec à Montréal

1997

26. Aggregate Employment, Real Business Cycles, and Superior Information
    Cahiers de recherche CREFE / CREFE Working Papers, CREFE, Université du Québec à Montréal View citations (12)
    See also Journal Article Aggregate employment, real business cycles, and superior information, Journal of Monetary Economics, Elsevier (2002) View citations (19) (2002)

1996

27. Budget Deficit Persistence and the Twin Deficits Hypothesis
    Macroeconomics, University Library of Munich, Germany View citations (1)
    Also in Cahiers de recherche CREFE / CREFE Working Papers, CREFE, Université du Québec à Montréal (1994) View citations (21)
    See also Journal Article Budget deficit persistence and the twin deficits hypothesis, Journal of International Economics, Elsevier (1999) View citations (69) (1999)
28. Substitution, Risk Aversion, Taste Shocks and Equity Premia
    Working Papers, Laval - Recherche en Politique Economique
    Also in Cahiers de recherche, Université Laval - Département d'économique (1996) View citations (5)
    Finance, University Library of Munich, Germany (1996) View citations (3)
    Cahiers de recherche CREFE / CREFE Working Papers, CREFE, Université du Québec à Montréal (1996)
    See also Journal Article Substitution, risk aversion, taste shocks and equity premia, Journal of Applied Econometrics, John Wiley & Sons, Ltd. (1998) View citations (36) (1998)
29. The Liquidity Effect: Testing Identification Conditions Under Time-Varying Conditional Volatility
    Cahiers de recherche CREFE / CREFE Working Papers, CREFE, Université du Québec à Montréal View citations (3)
    Also in Econometrics, University Library of Munich, Germany (1996) View citations (5)

1994

30. Monetary Policy Shocks and the Labor Market
    Cahiers de recherche CREFE / CREFE Working Papers, CREFE, Université du Québec à Montréal
31. Precautionary Saving Motives: An Assessment from U.K. Time Series of Cross-Sections
    Cahiers de recherche CREFE / CREFE Working Papers, CREFE, Université du Québec à Montréal View citations (11)
    See also Journal Article Precautionary Saving Motives: An Assessment from UK Time Series of Cross-Sections, Economic Journal, Royal Economic Society (1996) View citations (54) (1996)

1992

32. Precautionary Saving: An Explanation for Excess Sensitivity of Consumption
    Cahiers de recherche CREFE / CREFE Working Papers, CREFE, Université du Québec à Montréal
    See also Journal Article Precautionary Saving: An Explanation for Excess Sensitivity of Consumption, Journal of Business & Economic Statistics, American Statistical Association (1994) View citations (8) (1994)
33. Precautionary Saving: An Explanation for Excess Smoothness of Consumption
    Cahiers de recherche CREFE / CREFE Working Papers, CREFE, Université du Québec à Montréal View citations (1)
34. Épargne de précaution et revenu de travail incertain: un survol de la littérature
    Cahiers de recherche CREFE / CREFE Working Papers, CREFE, Université du Québec à Montréal
    See also Journal Article Épargne de précaution et revenu de travail incertain: un survol de la littérature, L'Actualité Economique, Société Canadienne de Science Economique (1993) View citations (1) (1993)

Journal Articles

2018

1. Separating the wheat from the chaff: A disaggregate analysis of the effects of public spending in the US
   Canadian Journal of Economics, 2018, 51, (2), 361-390 View citations (4)
2. THE CONVENTIONAL MONETARY POLICY AND TERM STRUCTURE OF INTEREST RATES DURING THE FINANCIAL CRISIS
   Macroeconomic Dynamics, 2018, 22, (8), 2032-2069 View citations (2)

2017

3. The price of imported capital and consumption fluctuations in emerging economies
   Journal of International Economics, 2017, 108, (C), 67-81 View citations (3)

2015

4. Equity premia and state-dependent risks
   International Review of Economics & Finance, 2015, 38, (C), 393-409
   See also Working Paper Equity Premia and State-Dependent Risks, Cahiers de recherche (2010) (2010)

2014

5. Fiscal policy and external adjustment: New evidence
   Journal of International Money and Finance, 2014, 40, (C), 1-20 View citations (15)
   See also Working Paper Fiscal Policy and External Adjustment: New Evidence, Cahiers de recherche (2011) View citations (7) (2011)
6. Measuring the effects of fiscal policy
   Journal of Economic Dynamics and Control, 2014, 47, (C), 123-151 View citations (22)
   See also Working Paper Measuring the Effects of Fiscal Policy, Cahiers de recherche (2010) View citations (6) (2010)

2013

7. External and budget deficits in some developing countries
   Journal of International Money and Finance, 2013, 32, (C), 77-98 View citations (6)
8. Stock returns and monetary policy: Are there any ties?
   Journal of Macroeconomics, 2013, 36, (C), 33-50 View citations (8)
   See also Working Paper Stock Returns and Monetary Policy: Are There Any Ties ?, Cahiers de recherche (2010) View citations (1) (2010)

2012

9. Do tax cuts generate twin deficits? A multi-country analysis
   Canadian Journal of Economics, 2012, 45, (4), 1667-1699 View citations (9)
   See also Working Paper Do Tax Cuts Generate Twin Deficits? A Multi-Country Analysis, Cahiers de recherche (2008) View citations (1) (2008)

2011

10. A procedure to evaluate cyclical fluctuations under superior information
    Applied Economics, 2011, 43, (1), 53-62
11. Déficits extérieur et budgétaire: jumeaux, petits cousins ou parfaits étrangers?
    L'Actualité Economique, 2011, 87, (4), 407-443

2010

12. Fluctuations in the foreign exchange market: How important are monetary policy shocks?
    Journal of International Economics, 2010, 81, (1), 139-153 View citations (76)
    See also Working Paper Fluctuations in the Foreign Exchange Market: How Important are Monetary Policy Shocks?, Cahiers de recherche (2008) View citations (2) (2008)
13. Global versus country-specific shocks and international business cycles
    Journal of Macroeconomics, 2010, 32, (1), 1-16 View citations (4)
    See also Working Paper Global versus Country-Specific Shocks and International Business Cycles, Cahiers de recherche (2006) View citations (3) (2006)
14. MACROECONOMIC EFFECTS OF TERRORIST SHOCKS IN ISRAEL
    Defence and Peace Economics, 2010, 21, (4), 317-336 View citations (6)
    See also Working Paper Macroeconomic Effects of Terrorist Shocks in Israel, Cahiers de recherche (2008) View citations (1) (2008)

2008

15. An empirical analysis of aggregate household portfolios
    Journal of Banking & Finance, 2008, 32, (8), 1583-1597 View citations (7)
16. Closing international real business cycle models with restricted financial markets
    Journal of International Money and Finance, 2008, 27, (5), 733-756 View citations (25)
    See also Working Paper Closing International Real Business Cycle Models with Restricted Financial Markets, Cahiers de recherche (2005) View citations (10) (2005)
17. Dynamics of the current account and interest differentials
    Journal of International Economics, 2008, 74, (1), 35-52 View citations (8)
    See also Working Paper Dynamics of the Current Account and Interest Differentials, Cahiers de recherche (2003) (2003)

2005

18. Recursive measures of total wealth and portfolio return
    Applied Financial Economics, 2005, 15, (4), 287-291
    See also Working Paper Recursive Measures of Total Wealth and Portfolio Return, Cahiers de recherche (2003) (2003)

2004

19. Canadian and U.S. financial markets: testing the international integration hypothesis under time-varying conditional volatility
    Canadian Journal of Economics, 2004, 37, (4), 1021-1041 View citations (4)
    See also Working Paper Canadian and U.S. Financial Markets: Testing the International Integration Hypothesis Under Time-Varying Conditional Volatility, Cahiers de recherche (2003) View citations (1) (2003)
20. Monetary policy shocks:: Testing identification conditions under time-varying conditional volatility
    Journal of Monetary Economics, 2004, 51, (6), 1217-1243 View citations (78)
    See also Working Paper Monetary Policy Shocks: Testing Identification Conditions Under Time-Varying Conditional Volatility, Cahiers de recherche (2003) View citations (10) (2003)

2003

21. Capacity utilization, superior information, and the business cycle
    Journal of Macroeconomics, 2003, 25, (3), 283-309
22. Labor hoarding, superior information, and business cycle dynamics
    Journal of Economic Dynamics and Control, 2003, 28, (2), 397-418 View citations (3)
    See also Working Paper Labor Hoarding, Superior Information and Business Cycle Dynamics, Cahiers de recherche CREFE / CREFE Working Papers (2001) View citations (2) (2001)

2002

23. Aggregate employment, real business cycles, and superior information
    Journal of Monetary Economics, 2002, 49, (3), 495-520 View citations (19)
    See also Working Paper Aggregate Employment, Real Business Cycles, and Superior Information, Cahiers de recherche CREFE / CREFE Working Papers (1997) View citations (12) (1997)
24. Canadian consumption and portfolio shares
    Canadian Journal of Economics, 2002, 35, (4), 737-756 View citations (5)
    See also Working Paper Canadian Consumption and Portfolio Shares, Cahiers de recherche CREFE / CREFE Working Papers (2001) View citations (3) (2001)
25. General equilibrium macroeconomic models and superior information
    Applied Economics Letters, 2002, 9, (11), 727-730
    See also Working Paper General Equilibrium Macroeconomic Models and Superior Information, Cahiers de recherche CREFE / CREFE Working Papers (2000) (2000)

1999

26. Budget deficit persistence and the twin deficits hypothesis
    Journal of International Economics, 1999, 49, (1), 171-193 View citations (69)
    See also Working Paper Budget Deficit Persistence and the Twin Deficits Hypothesis, Macroeconomics (1996) View citations (1) (1996)

1998

27. Substitution, risk aversion, taste shocks and equity premia
    Journal of Applied Econometrics, 1998, 13, (3), 265-281 View citations (36)
    See also Working Paper Substitution, Risk Aversion, Taste Shocks and Equity Premia, Working Papers (1996) (1996)

1997

28. Precautionary saving and the Deaton paradox
    Applied Economics Letters, 1997, 4, (3), 187-190 View citations (2)

1996

29. Precautionary Saving Motives: An Assessment from UK Time Series of Cross-Sections
    Economic Journal, 1996, 106, (438), 1193-1208 View citations (54)
    See also Working Paper Precautionary Saving Motives: An Assessment from U.K. Time Series of Cross-Sections, Cahiers de recherche CREFE / CREFE Working Papers (1994) View citations (11) (1994)

1994

30. Precautionary Saving: An Explanation for Excess Sensitivity of Consumption
    Journal of Business & Economic Statistics, 1994, 12, (2), 205-19 View citations (8)
    See also Working Paper Precautionary Saving: An Explanation for Excess Sensitivity of Consumption, Cahiers de recherche CREFE / CREFE Working Papers (1992) (1992)

1993

31. Épargne de précaution et revenu de travail incertain: un survol de la littérature
    L'Actualité Economique, 1993, 69, (4), 347-364 View citations (1)
    See also Working Paper Épargne de précaution et revenu de travail incertain: un survol de la littérature, Cahiers de recherche CREFE / CREFE Working Papers (1992) (1992)