Has the Business Cycle Changed? Evidence and Explanations

By James H. Stock. 2003

419 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/c610984e4c656bb511c13935b19d5b8ebd6c6b27

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

Citations in the corpus

What is the Importance of Monetary and Fiscal Shocks in Explaining US Macroeconomic Fluctuations (2011, unknown): “[29] Stock, J.”
Monetary Policy Shifts and the Term Structure (2011, methodology): “We order the macro variables first in the VAR.”
The Time-Varying Volatility of Macroeconomic Fluctuations (2006, unknown): “The exogenous disturbance showing the largest degree of stochastic volatility is the monetary policy shock ("MPt , gure 1a), for which the di¤erence between the lowest and the highest levels of the standard deviation is roughly 500 percent.”
Are European business cycles close enough to be just one (2006, unknown): “[42] Stock, J.”
Inflation in Emerging and Developing Economies: Evolution, Drivers, and Policies (2018, background): “23, 24 In short, among others, there might be predatory pricing at later stages (See, for example, Khan (2017)).”
Testing Forecast Optimality Under Unknown Loss (2007, unknown): “GDP growth, known as the "great moderation," generally considered to have occurred around 1984Q1 (see McConnell and Perez-Quiros 2000; Stock and Watson 2002).”
The Role of Collateralized House-hold Debt in Macroeconomic Stabilization (2005, unknown): “Because the stabilization was particularly dramatic for residential investment, Stock and Watson (2002, 2003) suggest that these reforms substantially contributed to it.”
What Accounts for the Changes in U.S. Fiscal Policy Transmission? (2008, methodology): “A scal policy authority purchases the consumption good, raises lump-sum and income taxes and issues nominal debt.”