Inflation Dynamics and Time-Varying Volatility: New Evidence and an Ss Interpretation*
By Joseph Vavra. 2014
281 citations recorded by the source corpus.
Subfields: Economics and Econometrics, Finance
View Paper: https://www.semanticscholar.org/paper/e4688d9f046f9f0bf89b36671a8444c070031660
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Economics and Econometrics
- Ron S. Jarmin
- John C. Haltiwanger
- Javier Miranda
- Ryan A. Decker
- David Berger
- Piergiorgio Alessandri
- Gregory Thwaites
- Silvana Tenreyro
In Finance
- Piergiorgio Alessandri
- David Berger
- Haroon Mumtaz
- Gregory Thwaites
- Silvana Tenreyro
- Javier Miranda
- Ron S. Jarmin
- Ryan A. Decker
Citations in the corpus
- House Prices and Consumer Spending (2015, background): “(56)The model does not generate enough middle-aged consumers with high housing values and high MPCs, or, in the parlance of Kaplan and Violante (2014), enough wealthy-hand-to-mouth consumers. This occurs in part because while Kaplan and Violante (2014) rule out borrowing against the illiquid asset, ”
- Changing Business Dynamism and Productivity: Shocks vs. Responsiveness (2018, background): “Foster, Haltiwanger, and Syverson (2008) define TFPQ to be technical efficiency.”
- Financial regimes and uncertainty shocks (2019, methodology): “Such a shift in the relative strength of the two factors could be reinforced by the mechanism studied by Vavra (2014).”
- Inflation Dynamics During the Financial Crisis (2015, unknown): “Clearly evident is the countercyclical behavior of the dispersion in inflation rates, a result consistent with that documented by Vavra (2014).27 Panel (c) shows the dynamics of output. As a result of “winning” the price war, financially strong firms gradually expand output in order to satisfy the g”
- Are Sticky Prices Costly? Evidence from the Stock Market (2016, unknown): “This reduced but significant sensitivity of market-adjusted returns is consistent with Weber (2015). He documents that β is a function of price stickiness.”
- Policy Uncertainty in Japan (2017, unknown): “See Bertola et al. (2005), Bloom et al. (2007), Bloom (2009), Aastveit et al. (2013) and Vavra (2014).”
- Pushing on a String: US Monetary Policy is Less Powerful in Recessions (2016, methodology): “Where our aggregates do not correspond directly with published data, we construct our own approximations to the chainlinked aggregates with Tornqvist indices (Whelan (2000)).”
- Financial Heterogeneity and the Investment Channel of Monetary Policy (2018, unknown): “Vavra (2013) and McKay and Wieland (2019) provided models in which monetary policy is less powerful in recessions due to changes in the distribution of price adjustment or durable expenditures.”
- Policy uncertainty, investment, and the cost of capital (2018, unknown): “Using consumer product prices used by the Bureau of Labor Statistics to calculate the Consumer Price Index, Vavra (2014) finds that the volatility of price changes across products increases significantly during recession periods.”