Macroeconomic Dynamics

1997 - 2025

From Cambridge University Press
Cambridge University Press, UPH, Shaftesbury Road, Cambridge CB2 8BS UK.
Bibliographic data for series maintained by Kirk Stebbing ().

Access Statistics for this journal.
Is something missing from the series or not right? See the RePEc data check for the archive and series.

Volume 21, month December, 2017

ON THE DYNAMIC EFFICIENCY OF BALANCED GROWTH PATHS IN AN ENDOGENOUS GROWTH SETTING pp. 1837-1856

Elena Del Rey and Miguel-Angel Lopez-Garcia

EMISSION TAXES AND STANDARDS IN A GENERAL EQUILIBRIUM WITH PRODUCTIVITY DISPERSION AND ABATEMENT pp. 1857-1886

Zhe Li and Shouyong Shi

HOPF CYCLES IN ONE-SECTOR OPTIMAL GROWTH MODELS WITH TIME DELAY pp. 1887-1901

Hitay Özbay, Hüseyin Çağrı Sağlam and Mustafa Kerem Yüksel

A MODEL OF CHINESE CAPITAL ACCOUNT LIBERALIZATION pp. 1902-1934

Dong He and Paul Luk

FIGHTING POVERTY AND CHILD MALNUTRITION: ON THE DESIGN OF FOREIGN AID POLICIES pp. 1935-1956

Chrysovalantis Vasilakis

POLICY PREFERENCES AND POLICY MAKERS' BELIEFS: THE GREAT INFLATION pp. 1957-1995

Gabriela Best

PUBLIC DEBT AND AGGREGATE RISK pp. 1996-2032

Audrey Desbonnet and Sumudu Kankanamge

UNEMPLOYMENT BENEFITS AND MATCHING EFFICIENCY IN AN ESTIMATED DSGE MODEL WITH LABOR MARKET SEARCH FRICTIONS pp. 2033-2069

Ji Zhang

OPTIMAL UNEMPLOYMENT INSURANCE: HOW IMPORTANT IS THE DEMAND SIDE? pp. 2070-2095

Rune Vejlin

SOVEREIGN CREDIT RISK, MACROECONOMIC DYNAMICS, AND FINANCIAL CONTAGION: EVIDENCE FROM JAPAN pp. 2096-2120

Zongxin Qian, Wendun Wang and Kan Ji

A NOTE ON THE RATIONALITY TEST pp. 2121-2137

Alex Ilek

A NOTE ON NOMINAL GDP TARGETING AND THE ZERO LOWER BOUND pp. 2138-2157

Roberto Billi

A NOTE ON THE LARGE-FIRM MATCHING MODEL: CAN A NONBINDING MINIMUM WAGE REDUCE WAGES AND EMPLOYMENT? pp. 2158-2169

Sofia Bauducco and Alexandre Janiak

Volume 21, month October, 2017

AN EVALUATION OF CONSTITUTIONAL CONSTRAINTS ON CAPITAL TAXATION pp. 1519-1544

Begoña Domínguez and Zhigang Feng

THE EFFECTS OF NEGATIVE POPULATION GROWTH: AN ANALYSIS USING A SEMIENDOGENOUS R&D GROWTH MODEL pp. 1545-1560

Hiroaki Sasaki and Keisuke Hoshida

MINIMUM WAGE AND SEVERANCE PAYMENTS IN A FRICTIONAL LABOR MARKET: THEORY AND ESTIMATION pp. 1561-1600

Carolina Silva

SECULAR FERTILITY DECLINES, BABY BOOMS, AND ECONOMIC GROWTH: INTERNATIONAL EVIDENCE pp. 1601-1672

Robert Tamura and Curtis Simon

AGING AND FISCAL SUSTAINABILITY IN A SMALL EURO AREA ECONOMY pp. 1673-1705

Gabriela Castro, José Maria, Ricardo Félix and Cláudia Rodrigues Braz

SOCIAL CHOICE AND TIME CONSISTENCY WITH LOW-PROBABILITY EVENTS pp. 1706-1711

Claudio Bonilla

DEEP-ROOTED DETERMINANTS OF THE FERTILITY TRANSITION ACROSS COUNTRIES pp. 1712-1751

Alberto Basso and David Cuberes

CONTRACTIONARY TECHNOLOGY SHOCKS pp. 1752-1789

Francesco Giuli and Massimiliano Tancioni

AN INTERVIEW WITH NEIL WALLACE pp. 1790-1810

David Altig and Ed Nosal

ON THE NUMERICAL ACCURACY OF FIRST-ORDER APPROXIMATE SOLUTIONS TO DSGE MODELS pp. 1811-1826

Christopher Heiberger, Torben Klarl and Alfred Maussner

A NOTE ON THE CHARACTERIZATION OF THE NEOCLASSICAL PRODUCTION FUNCTION pp. 1827-1835

Andreas Irmen and Alfred Maussner

Volume 21, month September, 2017

CASH-IN-ADVANCE CONSTRAINT WITH STATUS AND ENDOGENOUS GROWTH pp. 1235-1251

Ken-ichi Kaminoyama and Taketo Kawagishi

CREDIT MARKETS AND INVESTMENT IN RENEWABLE ENERGY UNDER UNCERTAINTY pp. 1252-1276

Alexandra Vinogradova

THE CYCLICAL BEHAVIOR OF UNEMPLOYMENT AND VACANCIES WITH LOSS OF SKILLS DURING UNEMPLOYMENT pp. 1277-1304

Victor Ortego-Marti

COIN ASSAYING AND COMMODITY MONEY pp. 1305-1335

Vincent Bignon and Richard Dutu

MULTIVARIATE TREND–CYCLE EXTRACTION WITH THE HODRICK–PRESCOTT FILTER pp. 1336-1360

Federico Poloni and Giacomo Sbrana

OPTIMAL SAVINGS FOR RETIREMENT: THE ROLE OF INDIVIDUAL ACCOUNTS pp. 1361-1388

Julia Le Blanc and Almuth Scholl

OUTPUT EXTERNALITIES ON TOTAL FACTOR PRODUCTIVITY pp. 1389-1425

Julio Dávila

ESTIMATING THE NATURAL RATE OF HOURS pp. 1426-1453

Tino Berger and Hauke Vierke

DYNAMIC ANALYSIS OF REDUCTIONS IN PUBLIC DEBT IN AN ENDOGENOUS GROWTH MODEL WITH PUBLIC CAPITAL pp. 1454-1483

Noritaka Maebayashi, Takeo Hori and Koichi Futagami

A NOTE ON FOREIGN AID, HUMAN CAPITAL, AND WELFARE pp. 1484-1507

Hafedh Bouakez and Fabienne E. Gouba

A NOTE ON THE SIZE DISTRIBUTION OF CONSUMPTION: MORE DOUBLE PARETO THAN LOGNORMAL pp. 1508-1518

Alexis Akira Toda

Volume 21, month July, 2017

TESTING CONSUMPTION OPTIMALITY USING AGGREGATE DATA pp. 1119-1140

Fábio Gomes and João Issler

HOW COSTLY ARE BORROWING COSTS? AN ANALYSIS OF ALTERNATIVE FISCAL POLICIES DURING CRISES pp. 1141-1157

Inci Gumus

TIME-VARYING COEFFICIENT MODELS: A PROPOSAL FOR SELECTING THE COEFFICIENT DRIVER SETS pp. 1158-1174

Stephen Hall, P. A. V. B. Swamy and George Tavlas

MONETARY POLICY SWITCHING IN THE EURO AREA AND MULTIPLE STEADY STATES: AN EMPIRICAL INVESTIGATION pp. 1175-1188

Gilles Dufrénot and Guillaume A. Khayat

ON THE MACROECONOMIC AND WEALTH EFFECTS OF UNCONVENTIONAL MONETARY POLICY pp. 1189-1204

Fredj Jawadi, Ricardo Sousa and Raffaella Traverso

ANALYZING THE EFFICIENCY OF PENSION REFORM: THE ROLE OF THE WELFARE EFFECTS OF FISCAL CLOSURES pp. 1205-1234

Krzysztof Makarski, Jan Hagemejer and Joanna Tyrowicz

Volume 21, month June, 2017

JOB TURNOVER, TREND GROWTH, AND THE LONG-RUN PHILLIPS CURVE pp. 835-861

Dennis J. Snower and Mewael F. Tesfaselassie

PUBLIC RESEARCH SPENDING IN AN ENDOGENOUS GROWTH MODEL pp. 862-888

Kunihiko Konishi

OIL DEPENDENCE, INTERNATIONAL BORROWINGS, AND ECONOMIC INSTABILITY IN A SMALL OPEN ECONOMY pp. 889-917

Ching-chong Lai, Chi-Ting Chin and Kuan-jen Chen

INTERNATIONAL SYNCHRONIZATION AND CHANGES IN LONG-TERM INFLATION UNCERTAINTY pp. 918-946

Steffen Henzel and Elisabeth Wieland

TREND INFLATION AND EQUILIBRIUM STABILITY: FIRM-SPECIFIC VERSUS HOMOGENEOUS LABOR pp. 947-981

Takushi Kurozumi and Willem Van Zandweghe

ON THE INTERACTION BETWEEN ECONOMIC GROWTH AND BUSINESS CYCLES pp. 982-1022

Ivan Mendieta-Muñoz

ARE CONSUMPTION TAXES PREFERABLE TO INCOME TAXES FOR PREVENTING MACROECONOMIC INSTABILITY? pp. 1023-1058

Stephen McKnight

THE SIMPLE DYNAMICS OF PUBLIC DEBT WITH PRODUCTIVE PUBLIC GOODS pp. 1059-1095

Pierre-Richard Agénor and Devrim Yilmaz

LONG-RUN RISK AND MONEY MARKET RATES: AN EMPIRICAL ASSESSMENT pp. 1096-1117

Stefano d'Addona

Volume 21, month April, 2017

THE ROLE OF INVESTMENT-SPECIFIC TECHNOLOGY SHOCKS IN DRIVING INTERNATIONAL BUSINESS CYCLES: A BAYESIAN APPROACH pp. 555-598

Jaya Dey

CAN RBC MODELS EXPLAIN BUSINESS CYCLES IN KOREA? pp. 599-623

Wooheon Rhee

INEQUALITY AND INTERNATIONAL TRADE: THE ROLE OF SKILL-BIASED TECHNOLOGY AND SEARCH FRICTIONS pp. 624-643

Moritz Ritter

POLLUTION ABATEMENT AS A SOURCE OF STABILIZATION AND LONG-RUN GROWTH pp. 644-676

Theodore Palivos and Dimitrios Varvarigos

MONEY AND MONETARY POLICY IN THE EUROZONE: AN EMPIRICAL ANALYSIS DURING CRISES pp. 677-707

Jonathan Benchimol and Andre Fourcans

WHAT EXPLAINS THE RECENT JOBLESS RECOVERIES? pp. 708-732

Irina Panovska

THE ROLE OF RESOURCE MISALLOCATION IN CROSS-COUNTRY DIFFERENCES IN MANUFACTURING PRODUCTIVITY pp. 733-756

Robert Inklaar, Addisu Lashitew and Marcel Timmer

PUBLIC INVESTMENT IN A HIERARCHICAL EDUCATIONAL SYSTEM WITH CAPITAL–SKILL COMPLEMENTARITY pp. 757-784

Assaf Sarid

ENTREPRENEURS, FINANCIERS, AND BOOM–BUST CYCLES pp. 785-816

Takuma Kunieda and Akihisa Shibata

TAYLOR RULE AND DISCRETIONARY REGIMES IN THE UNITED STATES: EVIDENCE FROM A k-STATE MARKOV REGIME-SWITCHING MODEL pp. 817-833

Joseph Alba and Peiming Wang

Volume 21, month March, 2017

ADVANTAGES OF FOLLOWING A GOLDEN RULE IN A MONETARY UNION pp. 279-310

Séverine Menguy

EXTERNAL INFORMATION AND MONETARY POLICY TRANSMISSION IN NEW EU MEMBER STATES: RESULTS FROM FAVAR MODELS pp. 311-335

Zlatina Balabanova and Ralf Brüggemann

A NONLINEAR PROGRAMMING METHOD FOR DYNAMIC PROGRAMMING pp. 336-361

Yongyang Cai, Kenneth Judd, Thomas S. Lontzek, Valentina Michelangeli and Che-Lin Su

AGING, THE GREAT MODERATION, AND BUSINESS-CYCLE VOLATILITY IN A LIFE-CYCLE MODEL pp. 362-383

Burkhard Heer, Stefan Rohrbacher and Christian Scharrer

FUTURES-BASED MEASURES OF MONETARY POLICY AND JUMP RISK pp. 384-405

John Inekwe

STRUCTURAL CHANGE AND A CONSTANT GROWTH PATH IN A THREE-SECTOR GROWTH MODEL WITH THREE FACTORS pp. 406-438

Kazunobu Muro

MODELING THE PHILLIPS CURVE IN CHINA: A NONLINEAR PERSPECTIVE pp. 439-461

Lingxiang Zhang

THE RETURN ON SOCIAL SECURITY WITH INCREASING LONGEVITY pp. 462-487

Markus Knell

BIASED TECHNICAL CHANGE, SCALE, AND FACTOR SUBSTITUTION IN U.S. MANUFACTURING INDUSTRIES pp. 488-514

Xi Chen

GENERALIZATIONS OF OPTIMAL GROWTH THEORY: STOCHASTIC MODELS, MATHEMATICS, AND METASYNTHESIS pp. 515-544

Stephen Spear and Warren Young

A NOTE ON “MONEY IS MEMORY“: A COUNTEREXAMPLE pp. 545-553

Yu Awaya and Hiroki Fukai

Volume 21, month January, 2017

MONEY ILLUSION AND MARKET SURVIVAL pp. 1-10

Roland Eisenhuth

A COMPUTABLE OVERLAPPING GENERATIONS MODEL FOR GENDER AND GROWTH POLICY ANALYSIS pp. 11-54

Pierre-Richard Agénor

HOW LOAN MODIFICATIONS INFLUENCE THE PREVALENCE OF MORTGAGE DEFAULTS pp. 55-105

Jiseob Kim

A SIMPLE THEORY OF THE EFFECTS OF INDUSTRIALIZATION pp. 106-129

Ahmed Rahman

MODEL-BASED VS. PROFESSIONAL FORECASTS: IMPLICATIONS FOR MODELS WITH NOMINAL RIGIDITIES pp. 130-159

João Valle e Azevedo and Joao Jalles

TESTING STATIONARITY WITH UNOBSERVED-COMPONENTS MODELS pp. 160-182

James Morley, Irina Panovska and Tara Sinclair

ENDOGENOUS POLITICAL INSTITUTIONS, WAGE INEQUALITY, AND ECONOMIC GROWTH pp. 183-213

Christos Pargianas

MONETARY POLICY AND DEBT DEFLATION: SOME COMPUTATIONAL EXPERIMENTS pp. 214-242

Carl Chiarella and Corrado Di Guilmi

A NOTE ON TREND GROWTH AND LEARNING ABOUT MONETARY POLICY RULES IN A TWO-BLOCK WORLD ECONOMY pp. 243-258

Eric Schaling and Mewael F. Tesfaselassie

NONSEPARABLE PREFERENCES DO NOT RULE OUT AGGREGATE INSTABILITY UNDER BALANCED-BUDGET RULES: A NOTE pp. 259-277

Nicolas Abad, Thomas Seegmuller and Alain Venditti