- Acemoglu, J. Parker and M. Woodford, eds.), NBER Macroeconomics Annual 2012, vol. 27, pp. 235â81, University of Chicago Press.
Paper not yet in RePEc: Add citation now
AÌlvarez, F. and Lippi, F. (2014). âPrice setting with menu cost for multiproduct firmsâ, Econometrica, vol. 82(1), pp. 89â135.
AÌlvarez, F. and Lippi, F. (2020). âTemporary price changes, inflation regimes, and the propagation of monetary shocksâ, American Economic Journal: Macroeconomics, vol. 12(1), pp. 104â52.
- AÌlvarez, F. and Neumeyer, P.A. (2020). âThe pass-through of large cost shocks in an inflationary economyâ, in (J.G. Gonzalo Castex and D. Saravia, eds.), Changing Inflation Dynamics, Evolving Monetary Policy, pp. 7â48, Santiago, Chile: Banco Central de Chile. C
Paper not yet in RePEc: Add citation now
AÌlvarez, F., Le Bihan, H. and Lippi, F. (2016). âThe real effects of monetary shocks in sticky price models: A sufficient statistic approachâ, American Economic Review, vol. 106(10), pp. 2817â51.
- AÌlvarez, F., Lippi, F. and Paciello, L. (2011). âOptimal price setting with observation and menu costsâ, The Quarterly Journal of Economics, vol. 126 (4), pp. 1909â60.
Paper not yet in RePEc: Add citation now
AÌlvarez, F., Lippi, F. and Passadore, J. (2017). âAre state and time dependent models really different?â, in (M. Eichenbaum, E. Hurst and J.A. Parker, eds.), NBER Macroeconomics Annual, vol. 31, pp. 379â457, University of Chicago Press.
- Alloza, M., Gonzalo, J. and Sanz, C. (2019). âDynamic effects of persistent shocksâ, Working Paper, Banco de EspanÌa. AÌlvarez, F., Beraja, M., Gonzalez-Rozada, M. and Neumeyer, P.A. (2019). âFrom hyperinflation to stable prices: Argentina âs evidence on menu cost modelsâ, The Quarterly Journal of Economics, vol. 134(1), pp. 451â505.
Paper not yet in RePEc: Add citation now
- Auerbach, A.J. and Gorodnichenko, Y. (2012a). âMeasuring the output responses to fiscal policyâ, American Economic Journal: Economic Policy, vol. 4(2), pp. 1â27.
Paper not yet in RePEc: Add citation now
- Auerbach, A.J. and Gorodnichenko, Y. (2012b). âFiscal multipliers in recession and expansionâ, in (A. Alesina and F. Giavazzi, eds.), Fiscal Policy after the Financial Crisis, pp. 63â98, University of Chicago Press.
Paper not yet in RePEc: Add citation now
Barakchian, S.M. and Crowe, C. (2013). âMonetary policy matters: evidence from new shocks dataâ, Journal of Monetary Economics, vol. 60(8), pp. 950â66.
- Barnichon, R. and Brownlees, C. (2019). âImpulse response estimation by smooth local projectionsâ, The Review of Economics and Statistics, vol. 101(3), pp. 522â30.
Paper not yet in RePEc: Add citation now
- Bernanke, B.S. and Mihov, I. (1998). âMeasuring monetary policyâ, The Quarterly Journal of Economics, vol. 113(3), pp. 869â902.
Paper not yet in RePEc: Add citation now
Bernanke, B.S., Boivin, J. and Eliasz, P. (2005). âMeasuring the effects of monetary policy: a factor-augmented vector autoregressive (favar) approachâ, The Quarterly Journal of Economics, vol. 120(1), pp. 387â422.
Bhattarai, S. and Schoenle, R. (2014). âMultiproduct firms and price-setting: theory and evidence from U.S. producer pricesâ, Journal of Monetary Economics, vol. 66, pp. 178â92.
- Bils, M. and Klenow, P. (2004). âSome evidence on the importance of sticky pricesâ, Journal of Political Economy, vol. 112(5), pp. 947â85.
Paper not yet in RePEc: Add citation now
Bonadio, B., Fischer, A.M. and SaureÌ, P. (2019). âThe speed of exchange rate pass-throughâ, Journal of the European Economic Association, vol. 18(1), pp. 506â38.
- Bonomo, M., Carvalho, C. and Garcia, R. (2013). âTime- and state-dependent pricing: a unified frameworkâ, 2013 Meeting Papers 759, Society for Economic Dynamics.
Paper not yet in RePEc: Add citation now
- Caggiano, G., Castelnuovo, E. and Groshenny, N. (2014). âUncertainty shocks and unemployment dynamics in U.S. recessionsâ, Journal of Monetary Economics, vol. 67, pp. 78â92.
Paper not yet in RePEc: Add citation now
- Caggiano, G., Castelnuovo, E., Colombo, V. and Nodari, G. (2015). âEstimating fiscal multipliers: news from a non-linear worldâ, ECONOMIC JOURNAL, vol. 125(584), pp. 746â76.
Paper not yet in RePEc: Add citation now
- Calvo, G.A. (1983). âStaggered prices in a utility-maximizing frameworkâ, Journal of Monetary Economics, vol. 12(3), pp. 383â98.
Paper not yet in RePEc: Add citation now
- Caplin, A.S. and Spulber, D. (1987). âMenu costs and the neutrality of moneyâ, The Quarterly Journal of Economics, vol. 102(4), pp. 703â25.
Paper not yet in RePEc: Add citation now
Christiano, L.J., Eichenbaum, M. and Evans, C.L. (1999). âMonetary policy shocks: what have we learned and to what end?â, in (J.B. Taylor and M. Woodford, eds.), Handbook of Macroeconomics, pp. 65â148, Elsevier.
Coibion, O. (2012). âAre the effects of monetary policy shocks big or small?â, American Economic Journal: Macroeconomics, vol. 4(2), pp. 1â32.
- Costain, J. and Nakov, A. (2011). âPrice adjustments in a general model of state-dependent pricingâ, Journal of Money, Credit and Banking, vol. 43(2â3), pp. 385â406.
Paper not yet in RePEc: Add citation now
- Costain, J. and Nakov, A. (2019). âLogit price dynamicsâ, Journal of Money, Credit and Banking, vol. 51(1), pp. 43â78.
Paper not yet in RePEc: Add citation now
Costain, J., Nakov, A. and Petit, B. (2019). âMonetary policy implications of state-dependent prices and wagesâ, Working Paper, Banco de EspanÌa.
Dotsey, M., King, R.G. and Wolman, A. (1999). âState-dependent pricing and the general equilibrium dynamics of money and outputâ, The Quarterly Journal of Economics, vol. 114(2), pp. 655â90.
- Downloaded from https://academic.oup.com/ej/article/132/641/37/6302374 by White and Case LLP user on July 2022] non-linearities and state-dependent prices 57 GuÌrkaynak, R.S., Sack, B. and Swanson, E. (2005). âDo actions speak louder than words? The response of asset prices to monetary policy actions and statementsâ, International Journal of Central Banking, vol. 1(1), pp. 55â93.
Paper not yet in RePEc: Add citation now
- Downloaded from https://academic.oup.com/ej/article/132/641/37/6302374 by White and Case LLP user on July 56 the economic journal [january AÌlvarez, L.J., Dhyne, E., Hoeberichts, M., Kwapil, C., Le Bihan, H., LuÌnnemann, P., Martins, F., Sabbatini, R., Stahl, H., Vermeulen, P. and Vilmunen, J. (2006). âSticky prices in the euro area: a summary of new micro-evidenceâ, Journal of the European Economic Association, vol. 4(2â3), pp. 575â84.
Paper not yet in RePEc: Add citation now
- Eichenbaum, M., Jaimovich, N. and Rebelo, S. (2011). âReference prices, costs, and nominal rigiditiesâ, American Economic Review, vol. 101(1), pp. 234â62.
Paper not yet in RePEc: Add citation now
- Fischer, S. (1977). âLong-term contracts, rational expectations, and the optimal money supply ruleâ, Journal of Political Economy, vol. 85(1), pp. 191â205.
Paper not yet in RePEc: Add citation now
- Fisher, J.D. and Peters, R. (2010). âUsing stock returns to identify government spending shocksâ, ECONOMIC JOURNAL, vol. 120(544), pp. 414â36.
Paper not yet in RePEc: Add citation now
- Furceri, D., Loungani, P. and Zdzienicka, A. (2016). âThe effects of monetary policy shocks on inequalityâ, Working Paper 16/245, International Monetary Fund.
Paper not yet in RePEc: Add citation now
- Gagnon, E., LoÌpez-Salido, D. and Vincent, N. (2012). âIndividual price adjustment along the extensive marginâ, in (D.
Paper not yet in RePEc: Add citation now
Gertler, M. and Karadi, P. (2015). âMonetary policy surprises, credit costs, and economic activityâ, American Economic Journal: Macroeconomics, vol. 7(1), pp. 44â76.
- Gilchrist, S. and Zakrajsek, E. (2012). âCredit spreads and business cycle fluctuationsâ, American Economic Review, vol. 102(4), pp. 1692â720.
Paper not yet in RePEc: Add citation now
- Golosov, M. and Lucas, R.J. (2007). âMenu costs and phillips curvesâ, Journal of Political Economy, vol. 115 (2), pp. 171â99.
Paper not yet in RePEc: Add citation now
- Gorodnichenko, Y. (2008). âEndogenous information, menu costs and inflation persistenceâ, Working Paper 14184, National Bureau of Economic Research.
Paper not yet in RePEc: Add citation now
- Granger, C. and TeraÌsvirta, T. (1993). Modelling Non-Linear Economic Relationships, New York: Oxford University Press. C
Paper not yet in RePEc: Add citation now
- Hansen, B.E. (1992). âTesting for parameter instability in linear modelsâ, Journal of Policy Modeling, vol. 14(4), pp. 517â33.
Paper not yet in RePEc: Add citation now
- Hobijn, B., Ravenna, F. and Tambalotti, A. (2006). âMenu costs at work: restaurant prices and the introduction of the euroâ, The Quarterly Journal of Economics, vol. 121(3), pp. 1103â31.
Paper not yet in RePEc: Add citation now
- Ireland, P.N. (2007). âChanges in the federal reserveâs inflation target: causes and consequencesâ, Journal of Money, Credit and Banking, vol. 39(8), pp. 1851â82.
Paper not yet in RePEc: Add citation now
- JordaÌ, O. (2005). âEstimation and inference of impulse responses by local projectionsâ, American Economic Review, vol. 95(1), pp. 161â82.
Paper not yet in RePEc: Add citation now
- Karadi, P. and Reiff, A. (2019). âMenu costs, aggregate fluctuations, and large shocksâ, American Economic Journal: Macroeconomics, vol. 11(3), pp. 111â46.
Paper not yet in RePEc: Add citation now
- Kehoe, P. and Midrigan, V. (2015). âPrices are sticky after allâ, Journal of Monetary Economics, vol. 75, pp. 35â53.
Paper not yet in RePEc: Add citation now
Kim, S. and Roubini, N. (2000). âExchange rate anomalies in the industrial countries: a solution with a structural VAR approachâ, Journal of Monetary Economics, vol. 45(3), pp. 561â86.
Klenow, P.J. and Kryvtsov, O. (2008). âState-dependent or time-dependent pricing: does it matter for recent U.S. inflation?â, The Quarterly Journal of Economics, vol. 123(3), pp. 863â904.
Kuttner, K.N. (2001). âMonetary policy surprises and interest rates: evidence from the Fed funds futures marketâ, Journal of Monetary Economics, vol. 47(3), pp. 523â44.
- Midrigan, V. (2011). âMenu costs, multiproduct firms, and aggregate fluctuationsâ, Econometrica, vol. 79(4), pp. 1139â80.
Paper not yet in RePEc: Add citation now
- Nakamura, E. (2008). âPass-through in retail and wholesaleâ, American Economic Review, vol. 98(2), pp. 430â37.
Paper not yet in RePEc: Add citation now
Nakamura, E. and Steinsson, J. (2008). âFive facts about prices: a reevaluation of menu cost modelsâ, The Quarterly Journal of Economics, vol. 123(4), pp. 1415â64.
- Nakamura, E. and Steinsson, J. (2010). âMonetary non-neutrality in a multisector menu cost modelâ, The Quarterly Journal of Economics, vol. 125(3), pp. 961â1013.
Paper not yet in RePEc: Add citation now
Nakamura, E. and Zerom, D. (2010). âAccounting for incomplete pass-throughâ, The Review of Economic Studies, vol. 77(3), pp. 1192â230.
Newey, W.K. and West, K.D. (1987). âA simple, positive semi-definite, heteroskedasticity and autocorrelation consistent covariance matrixâ, Econometrica, vol. 55(3), pp. 703â8.
- Racine, J. (1997). âFeasible cross-validatory model selection for general stationary processesâ, Journal of Applied Econometrics, vol. 12(2), pp. 169â79.
Paper not yet in RePEc: Add citation now
Ramey, V. (2016). âMacroeconomic shocks and their propagationâ, in (J.B. Taylor and H. Uhlig, eds.), Handbook of Macroeconomics, pp. 71â162, Elsevier.
- Ramey, V.A. and Zubairy, S. (2018). âGovernment spending multipliers in good times and in bad: evidence from US historical dataâ, Journal of Political Economy, vol. 126(2), pp. 850â901.
Paper not yet in RePEc: Add citation now
Romer, C.D. and Romer, D.H. (2004). âA new measure of monetary shocks: derivation and implicationsâ, American Economic Review, vol. 94(4), pp. 1055â84.
Romer, C.D. and Romer, D.H. (2010). âThe macroeconomic effects of tax changes: estimates based on a new measure of fiscal shocksâ, American Economic Review, vol. 100(3), pp. 763â801.
- Rotemberg, J.J. (1982). âMonopolistic price adjustment and aggregate outputâ, Review of Economic Studies, vol. 49 (4), pp. 517â31.
Paper not yet in RePEc: Add citation now
- Sheshinski, E. and Weiss, Y. (1977). âInflation and costs of price adjustmentâ, Review of Economic Studies, vol. 44(2), pp. 287â303.
Paper not yet in RePEc: Add citation now
- Taylor, J.B. (1979). âStaggered wage setting in a macro modelâ, American Economic Review, vol. 69(2), pp. 108â13.
Paper not yet in RePEc: Add citation now
Taylor, J.B. (1980). âAggregate dynamics and staggered contractsâ, Journal of Political Economy, vol. 88(1), pp. 1â23.
Tenreyro, S. and Thwaites, G. (2016). âPushing on a string: US monetary policy is less powerful in recessionsâ, American Economic Journal: Macroeconomics, vol. 8(4), pp. 43â74.
Uhlig, H. (2005). âWhat are the effects of monetary policy on output? Results from an agnostic identification procedureâ, Journal of Monetary Economics, vol. 52(2), pp. 381â419.
- Veirman, E.D. (2009). âWhat makes the outputâinflation tradeâoff change? The absence of accelerating deflation in Japanâ, Journal of Money, Credit and Banking, vol. 41(6), pp. 1117â40. C
Paper not yet in RePEc: Add citation now