On the Causes of the Increased Stability of the U.S. Economy
By James A. Kahn, Margaret M. Mcconnell, Gabriel Pérez-Quirós. 2005
277 citations recorded by the source corpus.
View Paper: https://www.semanticscholar.org/paper/1f4637a0afa130e3a6c5eed0c729f89fe0ad1fd8
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Citations in the corpus
- Testing for Volatility Changes in U.S. Macroeconomic Time Series (2004, result): “Also in contrast with Kahn et al. (2002), we do find a substantial decline in durable goods trade volatility ( 40%), albeit it is dated in 1990 only.”
- Oil and the Great Moderation (2010, unknown): “A break in in ‡ation volatility was found around that date as well (Kahn, McConnell, and Perez-Quiros, 2002); a break in the oil–GDP link (Hooker, 1999) and the oil–in ‡ation relationship (Hooker, 2002) was identi…ed around 1981; and a break in the conduct of monetary policy around 1979–1982…”
- The Output Composition Puzzle: A Difference in the Monetary Transmission Mechanism in the Euro Area and U.S. (2003, unknown): “See Stock and Watson (2003) for a survey, and Ahmed, Levin, and Wilson (2002), Kahn, McConnell, and Perez-Quiros (2002) , Boivin and Giannoni (2002), Clarida, Gali, and Gertler (2000), and Ramey and Vine (2003) for competing explanations of this reduction in macroeconomic instability.”
- Explaining the great moderation: it is not the shocks (2008, unknown): “Kahn, McConnell, and Perez-Quiros (2002) Propagation: Inventories McConnell and Perez-Quiros (2000) Propagation: Inventories Stock and Watson (2002) Shocks 90% Stock and Watson (2003) Shocks 80-120% Boivin and Giannoni (2006) Shocks 50-75% Canova, Gambetti, and Pappa (2007) Propagation and shocks Dy”
- The Role of Collateralized House-hold Debt in Macroeconomic Stabilization (2005, unknown): “From (11), the borrower’s ratio of durable to nondurable consumption is”
- Impact of Globalization on Monetary Policy (2006, background): “(16)See, for example, Kim and Nelson (2001); Kahn, McConnell and Perez-Quiros (2001); Blanchard and Simon (2001); Bernanke (2004); Jaimovich and Siu (2006); Dynan, Elmendorf, and Sichel (2006); S.”