Add to ORKGWe document the cyclical behavior of the relative price of investment goods for the US economy over the last fifty years. There is no robust evidence that this relative price is countercyclical. For the post-1983 period, it is predominantly procyclical
This paper employs a nine-variable vector autoregressive model to explain fluctuations in nonresiden...
The procyclical behavior of prices has been a staple of business cycle lore since the work of the ea...
We develop an equilibrium business cycle model where nonconvex delivery costs lead producers of fina...
The cyclical behavior of the relative price of investment goods plays an important role in many mode...
A number of authors argue that investment-speci\u85c productivity shocks play an important role in s...
Is the relative price of investment goods a good proxy for investment specific technology? We model ...
We document properties of business cycles in ten countries over the last hundred years, contrasting ...
The counter-cyclicality in the relative price of equipment investment which is observed in the U.S....
Recent research showing negative correlations between detrended output and prices during the postwar...
The aim of this paper is to test formally the classical business cycle hypothesis, using data from i...
Most of the empirical work on investment is based on the existence of a relation between investment ...
We estimate a New-Neoclassical Synthesis model of the business cycle with two investment shocks. The...
I examine price markups in monopolisticly-competitive markets that experience fluctuations in demand...
This paper takes an AK model to the PWT data. Using the policy functions of the model, we recover ti...
In recent work, Stacey Tevlin and Karl Whelan argue that aggregate econometric models fail to captur...
This paper employs a nine-variable vector autoregressive model to explain fluctuations in nonresiden...
The procyclical behavior of prices has been a staple of business cycle lore since the work of the ea...
We develop an equilibrium business cycle model where nonconvex delivery costs lead producers of fina...
The cyclical behavior of the relative price of investment goods plays an important role in many mode...
A number of authors argue that investment-speci\u85c productivity shocks play an important role in s...
Is the relative price of investment goods a good proxy for investment specific technology? We model ...
We document properties of business cycles in ten countries over the last hundred years, contrasting ...
The counter-cyclicality in the relative price of equipment investment which is observed in the U.S....
Recent research showing negative correlations between detrended output and prices during the postwar...
The aim of this paper is to test formally the classical business cycle hypothesis, using data from i...
Most of the empirical work on investment is based on the existence of a relation between investment ...
We estimate a New-Neoclassical Synthesis model of the business cycle with two investment shocks. The...
I examine price markups in monopolisticly-competitive markets that experience fluctuations in demand...
This paper takes an AK model to the PWT data. Using the policy functions of the model, we recover ti...
In recent work, Stacey Tevlin and Karl Whelan argue that aggregate econometric models fail to captur...
This paper employs a nine-variable vector autoregressive model to explain fluctuations in nonresiden...
The procyclical behavior of prices has been a staple of business cycle lore since the work of the ea...
We develop an equilibrium business cycle model where nonconvex delivery costs lead producers of fina...