Medium-Term Business Cycles

By Diego A. Comin, M. Gertler. 2006

829 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/12a55872b460a62216a07b9f459c77b29a3cf347

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In Economics and Econometrics

Citations in the corpus

Uncertainty Shocks, Asset Supply and Pricing over the Business Cycle (2018, positive): “The two shocks – MPK 2Following Comin and Gertler (2006), we define medium frequencies as those between 8 and 50 years.”
The Financial Cycle and Macroeconomics: What Have We Learnt? (2014, neutral): “And Comin and Gertler (2006) have already shown, the importance of the medium-term component of fluctuations exceeds that of the short-term component also for GDP. 4 But interpreting the result in this way would be highly misleading (Drehmann et al (2012)).”
Long Cycles in Growth: Explorations Using New Frequency Domain Techniques with US Data (2010, background): “Kapetanios (2001), Conway and Frame (2000), Collard (1999) , and Baxter and King (1999).”
Super Cycles in Real Metals Prices? (2008, methodology): “…straightforward to decompose our shorter cycles into two separate components, business cycles LP(2,8) and, say, intermediate cycles LP(8,20): (2,8) (8, 20) (20,70) (70, ) LP LP LP LP LP      Comin and Gertler (2006) take a similar approach in their recent paper " Medium Term Business Cycles.”
On the Cyclicality of Research and Development (2007, background): “Comin and Gertler (2006) make some progress in this direction.”
Bank Leverage Cycles (2017, neutral): “in equation (17) is a suffi cient statistic for measuring the difference in equilibrium dynamics between both models.”
Read All About it: What happens following a technology shock (2011, background): “Since technology may affect both the short run business cycle and the medium run cycle discussed by Comin and Gertler (2006), I report the two sets of cross correlations.”
Growth, Slowdowns, and Recoveries (2019, neutral): “…by: α λfΠ ¨ kα´1 pALq1´α`p1´ δkq “ ηp1´αqλfΠ ¨ k α pALq1´α ` p1´ δnq Note that the growth rate depends on the unconditional mean of the stationary technology shock a‹, which is a scale parameter used to match balanced growth evidence following Comin and Gertler (2006) and Kung and Schmid (2014).”
Did the global financial crisis impact firms' innovation performance? The role of internal and external knowledge capabilities in high and low tech industries (2018, positive): “Comin and Gertler (2006) provide evidence to support the pro-cyclical argument that R&D investment and the global crisis have negatively reduced aggregate private investment in innovation.”
Curbing the Credit Cycle (2015, neutral): “…of data) across 12 developed countries.11 It enables us to identify lower (than business cycle) frequency movements in credit, just as Comin and Gertler (2006) do for post World War II US GDP.12 We concentrate on results for the UK and US, though broadly similar patterns are evident for the…”
Technological Innovation, Resource Allocation, and Growth (2012, positive): “Our empirical findings link medium-run macroeconomic fluctuations to a direct measure technological innovation, consistent with the idea of medium-term cycles of Comin and Gertler (2006). Furthermore, our findings make a strong case for innovation as a source of long-run firm growth, consistent with”
The "great moderation'' and the US external imbalance (2006, background): “This drives up the international interest rate R(s) and this increase makes investment and capital stock fall in the foreign country as well.(10) In other words, foreigners substitute domestic capital with international bonds as international bonds now pay a higher interest rate.”
On the Cyclicality of R&D (2011, background): “They are consistent with findings by Fatas (2000), Barlevy (2004, 2007), Comin and Gertler (2006), and Walde and Woitek (2004), who examine aggregate data and find that R&D appears procyclical for both the United States and for G7 countries.”
Inflation and Activity - Two Explorations and Their Monetary Policy Implications (2015, background): “8 Such a mechanism is explored by Comin and Gertler (2006).”