Details about Valerie Ann Ramey

E-mail:
Homepage:	http://econ.ucsd.edu/~vramey
Workplace:	Department of Economics, University of California-San Diego (UCSD), (more information at EDIRC) National Bureau of Economic Research (NBER), (more information at EDIRC)

Access statistics for papers by Valerie Ann Ramey.

Last updated 2022-06-08. Update your information in the RePEc Author Service.

Short-id: pra154

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Working Papers

2021

1. The Macroeconomic Consequences of Infrastructure Investment
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2020) View citations (28)
   See also Chapter (2020)

2019

2. Comment
   University of California at San Diego, Economics Working Paper Series, Department of Economics, UC San Diego
3. Ten Years After the Financial Crisis: What Have We Learned from the Renaissance in Fiscal Research?
   University of California at San Diego, Economics Working Paper Series, Department of Economics, UC San Diego View citations (155)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2019) View citations (156)
   See also Journal Article in Journal of Economic Perspectives (2019)

2016

4. Macroeconomic Shocks and Their Propagation
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (582)
   Also in University of California at San Diego, Economics Working Paper Series, Department of Economics, UC San Diego (2016) View citations (592)
   See also Chapter (2016)

2015

5. News Shocks in Open Economies: Evidence from Giant Oil Discoveries
   OxCarre Working Papers, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford View citations (23)
   Also in University of California at San Diego, Economics Working Paper Series, Department of Economics, UC San Diego (2015) View citations (21)
   NBER Working Papers, National Bureau of Economic Research, Inc (2015) View citations (40)
   IMF Working Papers, International Monetary Fund (2015) View citations (38)
   See also Journal Article in The Quarterly Journal of Economics (2017)

2014

6. Government Spending Multipliers in Good Times and in Bad: Evidence from U.S. Historical Data
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (157)
   See also Journal Article in Journal of Political Economy (2018)

2013

7. Are Government Spending Multipliers Greater During Periods of Slack? Evidence from 20th Century Historical Data
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (328)
   Also in Working Papers, Federal Reserve Bank of St. Louis (2013) View citations (195)
8. Are Government Spending Multipliers State Dependent? Evidence from U.S. and Canadian Historical Data
   2013 Meeting Papers, Society for Economic Dynamics View citations (250)
9. Free Time: The Forgotten American Dream. By Benjamin Kline Hunnicutt. Philadelphia, PA: Temple University Press. 2013. Pp. vii, 237. $34.95, paper; also available as an eBook
   University of California at San Diego, Economics Working Paper Series, Department of Economics, UC San Diego
10. The Cyclical Behavior of the Price-Cost Markup
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (161)
    See also Journal Article in Journal of Money, Credit and Banking (2020)

2012

11. Government Spending and Private Activity
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (37)
    See also Chapter (2012)

2010

12. Industry Evidence on the Effects of Government Spending
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (9)
    Also in Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2010) View citations (2)
    See also Journal Article in American Economic Journal: Macroeconomics (2011)
13. Oil, Automobiles, and the U.S. Economy: How Much have Things Really Changed?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (30)
    See also Chapter (2011)

2009

14. Identifying Government Spending Shocks: It's All in the Timing
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (57)
    See also Journal Article in The Quarterly Journal of Economics (2011)
15. The Rug Rat Race
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
    Also in 2009 Meeting Papers, Society for Economic Dynamics (2009) View citations (5)
    See also Journal Article in Brookings Papers on Economic Activity (2010)

2008

16. Time Spent in Home Production in the 20th Century: New Estimates from Old Data
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (17)

2007

17. Measures of Per Capita Hours and their Implications for the Technology-Hours Debate
    2007 Meeting Papers, Society for Economic Dynamics View citations (1)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2005) View citations (31)
    See also Journal Article in Journal of Money, Credit and Banking (2009)

2006

18. A Century of Work and Leisure
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (27)
    Also in Working Papers, eSocialSciences (2006) View citations (26)
    2005 Meeting Papers, Society for Economic Dynamics (2005) View citations (21)
    See also Journal Article in American Economic Journal: Macroeconomics (2009)

2005

19. Declining Volatility in the U.S. Automobile Industry
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
    See also Journal Article in American Economic Review (2006)
20. Tracking the source of the decline in GDP volatility: an analysis of the automobile industry
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (4)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2004) View citations (37)

2004

21. The Source of Historical Economic Fluctuations: An Analysis using Long-Run Restrictions
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (45)
    See also Chapter (2006)
22. Why Do Computers Depreciate?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (7)
    See also Chapter (2007)
23. Why Do Real and Nominal Inventory-Sales Ratios Have Different Trends
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (17)
    See also Journal Article in Journal of Money, Credit and Banking (2004)

2002

24. Is The Technology-Driven Real Business Cycle Hypothesis Dead? Shocks and Aggregate Fluctuations Revisted
    University of California at San Diego, Economics Working Paper Series, Department of Economics, UC San Diego View citations (40)
    See also Journal Article in Journal of Monetary Economics (2005)
25. Is the Technology-Driven Real Business Cycle Hypothesis Dead?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (135)

2000

26. Market Responses to Interindustry Wage Differentials
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
    Also in University of California at San Diego, Economics Working Paper Series, Department of Economics, UC San Diego (2000) View citations (7)
27. The Cost Channel of Monetary Transmission
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (103)
    Also in University of California at San Diego, Economics Working Paper Series, Department of Economics, UC San Diego (2000) View citations (12)
    See also Chapter (2002)

1999

28. Costly Capital Reallocation and the Effects of Government Spending
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (43)
    See also Journal Article in Carnegie-Rochester Conference Series on Public Policy (1998)

1998

29. Displaced Capital
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (22)
    Also in University of California at San Diego, Economics Working Paper Series, Department of Economics, UC San Diego (1998) View citations (19)

1997

30. Inventories
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (63)
    See also Chapter (1999)

1994

31. Cross-Country Evidence on the Link Between Volatility and Growth
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (63)
    See also Journal Article in American Economic Review (1995)

1993

32. Foreign Competition, Market Power and Wage Inequality: Theory and Evidence
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (31)
33. How Important is the Credit Channel in the Transmission of Monetary Policy?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (141)
    See also Journal Article in Carnegie-Rochester Conference Series on Public Policy (1993)
34. Stochastic Trends and Short-Run Relationships Between Financial Variables and Real Activity
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (17)

1992

35. Output Fluctuations at the Plant Level
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
    See also Journal Article in The Quarterly Journal of Economics (1994)

1991

36. Liquidity Constraints and Intertemporal Consumer Optimization: Theory and Evidence From Durable Goods
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
    See also Journal Article in Journal of Money, Credit and Banking (1995)
37. Technology Commitment and the Cost of Economic Fluctuations
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (75)
38. The Source of Fluctuations in Money: Evidence From Trade Credit
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
    See also Journal Article in Journal of Monetary Economics (1992)

Journal Articles

2021

1. Comment
   NBER Macroeconomics Annual, 2021, 35, (1), 232 - 241

2020

2. Secular stagnation or technological lull?
   Journal of Policy Modeling, 2020, 42, (4), 767-777 View citations (9)
3. The Cyclical Behavior of the Price‐Cost Markup
   Journal of Money, Credit and Banking, 2020, 52, (S2), 319-353 View citations (13)
   See also Working Paper (2013)

2019

4. Comment
   NBER Macroeconomics Annual, 2019, 33, (1), 380 - 388
5. Ten Years after the Financial Crisis: What Have We Learned from the Renaissance in Fiscal Research?
   Journal of Economic Perspectives, 2019, 33, (2), 89-114 View citations (158)
   See also Working Paper (2019)

2018

6. Government Spending Multipliers in Good Times and in Bad: Evidence from US Historical Data
   Journal of Political Economy, 2018, 126, (2), 850 - 901 View citations (534)
   See also Working Paper (2014)

2017

7. News Shocks in Open Economies: Evidence from Giant Oil Discoveries
   The Quarterly Journal of Economics, 2017, 132, (1), 103-155 View citations (128)
   See also Working Paper (2015)

2013

8. Are Government Spending Multipliers Greater during Periods of Slack? Evidence from Twentieth-Century Historical Data
   American Economic Review, 2013, 103, (3), 129-34 View citations (311)
9. Comment
   NBER Macroeconomics Annual, 2013, 27, (1), 147 - 153
10. Report: Ad Hoc Committee on Criterion for the John Bates Clark Medal
    American Economic Review, 2013, 103, (3), 772-73

2011

11. Can Government Purchases Stimulate the Economy?
    Journal of Economic Literature, 2011, 49, (3), 673-85 View citations (465)
12. Identifying Government Spending Shocks: It's all in the Timing
    The Quarterly Journal of Economics, 2011, 126, (1), 1-50 View citations (734)
    See also Working Paper (2009)
13. Industry Evidence on the Effects of Government Spending
    American Economic Journal: Macroeconomics, 2011, 3, (1), 36-59 View citations (64)
    See also Working Paper (2010)

2010

14. The Rug Rat Race
    Brookings Papers on Economic Activity, 2010, 41, (1 (Spring)), 129-199 View citations (102)
    See also Working Paper (2009)

2009

15. A Century of Work and Leisure
    American Economic Journal: Macroeconomics, 2009, 1, (2), 189-224 View citations (85)
    See also Working Paper (2006)
16. Measures of per Capita Hours and Their Implications for the Technology-Hours Debate
    Journal of Money, Credit and Banking, 2009, 41, (6), 1071-1097 View citations (141)
    Also in Journal of Money, Credit and Banking, 2009, 41, (6), 1071-1097 (2009) View citations (10)
    See also Working Paper (2007)
17. Time Spent in Home Production in the Twentieth-Century United States: New Estimates from Old Data
    The Journal of Economic History, 2009, 69, (1), 1-47 View citations (69)

2007

18. The roles of comovement and inventory investment in the reduction of output volatility - discussion
    Proceedings, 2007, (Nov)

2006

19. Declining Volatility in the U.S. Automobile Industry
    American Economic Review, 2006, 96, (5), 1876-1889 View citations (51)
    See also Working Paper (2005)

2005

20. Estimating the effects of fiscal policy in OECD countries - comments
    Proceedings, 2005 View citations (5)
21. Is the technology-driven real business cycle hypothesis dead? Shocks and aggregate fluctuations revisited
    Journal of Monetary Economics, 2005, 52, (8), 1379-1399 View citations (347)
    See also Working Paper (2002)

2004

22. The Source of Historical Economic Fluctuations: An Analysis using Long-Run Restrictions [with Comments]
    NBER International Seminar on Macroeconomics, 2004, 2004, (1), 17 - 73
23. Why Do Real and Nominal Inventory-Sales Ratios Have Different Trends?
    Journal of Money, Credit and Banking, 2004, 36, (5), 959-63 View citations (21)
    See also Working Paper (2004)

2001

24. Displaced Capital: A Study of Aerospace Plant Closings
    Journal of Political Economy, 2001, 109, (5), 958-992 View citations (230)
25. Measuring systematic monetary policy (commentary)
    Review, 2001, 83, (Jul), 113-144

1998

26. Costly capital reallocation and the effects of government spending
    Carnegie-Rochester Conference Series on Public Policy, 1998, 48, (1), 145-194 View citations (602)
    See also Working Paper (1999)

1996

27. Comovement in cities A comment
    Carnegie-Rochester Conference Series on Public Policy, 1996, 44, (1), 207-214

1995

28. Cross-Country Evidence on the Link between Volatility and Growth
    American Economic Review, 1995, 85, (5), 1138-51 View citations (1322)
    See also Working Paper (1994)
29. Foreign Competition, Market Power, and Wage Inequality
    The Quarterly Journal of Economics, 1995, 110, (4), 1075-1110 View citations (191)
30. Liquidity Constraints and Intertemporal Consumer Optimization: Theory and Evidence from Durable Goods
    Journal of Money, Credit and Banking, 1995, 27, (1), 272-87 View citations (69)
    See also Working Paper (1991)

1994

31. Output Fluctuations at the Plant Level
    The Quarterly Journal of Economics, 1994, 109, (3), 593-624 View citations (99)
    See also Working Paper (1992)
32. Time-Series Evidence on the
    American Economic Review, 1994, 84, (2), 10-16 View citations (72)

1993

33. How important is the credit channel in the transmission of monetary policy?
    Carnegie-Rochester Conference Series on Public Policy, 1993, 39, (1), 1-45 View citations (131)
    See also Working Paper (1993)
34. Segment Shifts and Capacity Utilization in the U.S. Automobile Industry
    American Economic Review, 1993, 83, (2), 213-18 View citations (77)

1992

35. The source of fluctuations in money: Evidence from trade credit
    Journal of Monetary Economics, 1992, 30, (2), 171-193 View citations (38)
    See also Working Paper (1991)

1991

36. Nonconvex Costs and the Behavior of Inventories
    Journal of Political Economy, 1991, 99, (2), 306-34 View citations (123)

1989

37. Inventories as Factors of Production and Economic Fluctuations
    American Economic Review, 1989, 79, (3), 338-54 View citations (109)

1984

38. The effects of market organization on conspiracies in restraint of trade
    Journal of Economic Behavior & Organization, 1984, 5, (2), 191-222 View citations (56)

Books

2018

1. Education, Skills, and Technical Change: Implications for Future US GDP Growth
   NBER Books, National Bureau of Economic Research, Inc View citations (8)

Edited books

2018

1. Education, Skills, and Technical Change
   National Bureau of Economic Research Books, University of Chicago Press View citations (9)

Chapters

2022

1. Editorial in "NBER Macroeconomics Annual 2022, volume 37"
   A chapter in NBER Macroeconomics Annual 2022, volume 37, 2022

2020

2. Comment on "What Do We Learn From Cross-Regional Empirical Estimates in Macroeconomics?"
   A chapter in NBER Macroeconomics Annual 2020, volume 35, 2020, pp 232-241
3. The Macroeconomic Consequences of Infrastructure Investment
   A chapter in Economic Analysis and Infrastructure Investment, 2020, pp 219-268 View citations (28)
   See also Working Paper (2021)

2018

4. Comment on "The Transformation of Manufacturing and the Decline in US Employment"
   A chapter in NBER Macroeconomics Annual 2018, volume 33, 2018, pp 380-388 View citations (1)

2017

5. Introduction to "Education, Skills, and Technical Change: Implications for Future US GDP Growth"
   A chapter in Education, Skills, and Technical Change: Implications for Future US GDP Growth, 2017, pp 1-19

2016

6. Macroeconomic Shocks and Their Propagation
   Elsevier View citations (567)
   See also Working Paper (2016)

2015

7. Front matter, prefatory note
   A chapter in Education, Skills, and Technical Change: Implications for Future US GDP Growth, 2015

2012

8. Comment on "Roads to Prosperity or Bridges to Nowhere? Theory and Evidence on the Impact of Public Infrastructure Investment"
   A chapter in NBER Macroeconomics Annual 2012, Volume 27, 2012, pp 147-153 View citations (21)
9. Government Spending and Private Activity
   A chapter in Fiscal Policy after the Financial Crisis, 2012, pp 19-55 View citations (37)
   See also Working Paper (2012)

2011

10. Oil, Automobiles, and the US Economy: How Much Have Things Really Changed?
    A chapter in NBER Macroeconomics Annual 2010, volume 25, 2011, pp 333-367 View citations (27)
    See also Working Paper (2010)

2008

11. Comment on "In Search of the Transmission Mechanism of Fiscal Policy"
    A chapter in NBER Macroeconomics Annual 2007, Volume 22, 2008, pp 237-246 View citations (2)

2007

12. Why Do Computers Depreciate?
    A chapter in Hard-to-Measure Goods and Services: Essays in Honor of Zvi Griliches, 2007, pp 121-150 View citations (5)
    See also Working Paper (2004)

2006

13. The Source of Historical Economic Fluctuations: An Analysis Using Long-Run Restrictions
    A chapter in NBER International Seminar on Macroeconomics 2004, 2006, pp 17-73 View citations (15)
    See also Working Paper (2004)

2002

14. The Cost Channel of Monetary Transmission
    A chapter in NBER Macroeconomics Annual 2001, Volume 16, 2002, pp 199-256 View citations (70)
    See also Working Paper (2000)

1999

15. Inventories
    Chapter 13 in Handbook of Macroeconomics, 1999, vol. 1, Part B, pp 863-923 View citations (2)
    See also Working Paper (1997)