The Cost of Business Cycles Under Endogenous Growth

By Gadi Barlevy. 2004

291 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/731f5e90b920f71acf48abef8186ba41abb0f430

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In Economics and Econometrics

Citations in the corpus

The Impact of Uncertainty Shocks (2007, background): “…on investment and uncertainty such as Leahy and Whited (1996) and Bloom, Bond and Van Reenen (2007), on the business-cycle and uncertainty such as Barlevy (2004) and Gilchrist and Williams (2005), on policy uncertainty such as Adda and Cooper (2000) and on income and consumption uncertainty such…”
A Theory of Growth and Volatility at the Aggregate and Firm Level (2009, unknown): “A calibration of the model shows that it can account for (1) the lack of a relationship between R&D and productivity growth, (2) 75 percent of the increase in firm volatility and, (3) over 40 percent of the decline in aggregate volatility.”
Job Displacement Risk and the Cost of Business Cycles (2007, background): “See, for example, Barlevy (2004) and Manuelli, Jones, Siu, and Stacchetti (2005) for papers that emphasize long-run output effects of stabilization policy.”
Credit Constraints and the Cyclicality of R&D Investment: Evidence from France (2012, unknown): “The theoretical papers that are most closely related to our approach in this paper, are Hall (1991), Gali and Hammour (1992), Caballero and Hammour (1994), Aghion and Saint-Paul (1998), Francois and Lloyd-Ellis (2003), Comin and Gertler (2006), Barlevy (2004), and Barlevy (2007).”
Growth and Volatility (2007, background): “Barlevy (2004) shows a negative relation obtains as soon as growth is concave in investment.”
Really Uncertain Business Cycles (2012, unknown): “See, for example; Bernanke (1983), Pindyck (1988), Dixit (1990), Bertola and Bentolila (1990), Bertola and Caballero (1994), Dixit and Pindyck (1994), Abel and Eberly (1996), Hassler (1996), and Caballero and Engel (1999).”
Asset Pricing in Production Economies with Extrapolative Expectations (2015, background): “Following Boldrin et al. (2001), the capital share (α) is set to a value of 0.”
Growth, Slowdowns, and Recoveries (2019, unknown): “This paper is related to the literature linking business cycles to growth.5 Barlevy (2004) shows that the welfare costs of business cycle fluctuations are higher in an endogenous growth framework 4For a survey on Schumpeterian growth models, see Aghion, Akcigit, and Howitt (2013).”
The Long-Run Effects of Monetary Policy (2020, background): “(See also Fatas (2000), and Barlevy (2004).) Of the recent papers, Moran and Queraltó (2018) uses three equation VAR models to emphasize an empirical link between TFP growth and monetary policy shocks.”
Entry, Exit and Plant-Level Dynamics over the Business Cycle (2008, background): “The determination of the equilibrium is similar: the free-entry condition (4) determines the wage, the labor-supply equation (6) determines L, and the labor-demand equation (8) determines N .”
On the Cyclicality of Research and Development (2007, unknown): “This highlights a welfare cost associated with business cycles that is distinct from the one described in Lucas (1987), or even the cost described in Barlevy (2004) which directly concerns the welfare consequences of business cycles through their effects on growth.”
An Investigation of Spanish SME Innovation during Different Economic Conditions (2013, background): “Windows of opportunity for implementation are especially important because other firms can accelerate obsolescence through the adaption and improvement of the innovation (Barlevy 2004). A number of studies demonstrated that R&D expenditures grow more rapidly in expansionary than recessionary periods”
Financial Globalization: A Reappraisal (2009, background): “Lucas’s (1987) claim that macroeconomic stabilization policies that reduce consumption volatility can have only minimal welfare benefits continues to be influential (see Barlevy, 2004).”