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Firm-Specific Productivity Risk Over the Business Cycle: Facts and Aggregate Implications
16 references·5 citing·48 second hop
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(1980)Do Stock Prices Move Too Much…Fiscal Volatility Shocks and Economic Activity (2012)Fiscal Volatility Shocks and …Fiscal Volatility Shocks and Economic Activity (2011)Fiscal Volatility Shocks and …Debt Financing and Sharp Currency Depreciations: Wholly vs. Partially Owned Multinational Affiliates (2010)Debt Financing and Sharp Curr…Automatic Stabilizers and Economic Crisis: US vs. Europe (2010)Automatic Stabilizers and Eco…A Mixed Splicing Procedure for Economic Time Series (2010)A Mixed Splicing Procedure fo…Dividend Policy, Growth, and the Valuation of Shares (1961)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Does the Stock Market Overreact? 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(1936)Risk, uncertainty and monetary policy (2013)The General Theory of Employment, Interest, and Money (2018)Inference in Linear Time Series Models with some Unit Roots (1990)The Impact of Uncertainty Shocks (2009)Credit Spreads and Business Cycle Fluctuations (2012)Fiscal Volatility Shocks and Economic Activity (2015)Consistent Covariance Matrix Estimation with Spatially Dependent Panel Data (1998)Does the “New Economy” Measure up to the Great Inventions of the Past? (2000)Does foreign direct investment promote growth? Exploring the role of financial markets on linkages (2009)Policy Uncertainty and Corporate Investment (2015)Measuring Economic Policy Uncertainty* (2016)
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References

  • 1980Do Stock Prices Move Too Much to be Justified by Subsequent Changes in Dividends?4,020 cited
  • 1998Income and Wealth Heterogeneity in the Macroeconomy2,299 cited
  • 2007The Impact of Uncertainty Shocks2,111 cited
  • 2002On Adjusting the Hodrick-Prescott Filter for the Frequency of Observations1,986 cited
  • 1986Finite state markov-chain approximations to univariate and vector autoregressions1,538 cited
  • 2013Uncertainty and Economic Activity: Evidence from Business Survey Data1,005 cited
  • 2006Can News About the Future Drive the Business Cycle?955 cited
  • 2006Stock Prices, News, and Economic Fluctuations873 cited
  • 2004Cyclical Dynamics in Idiosyncratic Labor Market Risk666 cited
  • 1996Procyclical Productivity: Increasing Returns or Cyclical Utilization?608 cited
  • 1995Plant-Level Adjustment and Aggregate Investment Dynamics481 cited
  • 2006Volatility and Dispersion in Business Growth Rates: Publicly Traded versus Privately Held Firms422 cited
  • 1997INCOME AND WEALTH HETEROGENEITY, PORTFOLIO CHOICE, AND EQUILIBRIUM ASSET RETURNS328 cited
  • 2008Idiosyncratic Shocks and the Role of Nonconvexities in Plant and Aggregate Investment Dynamics299 cited
  • 2009The Leverage Cycle

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192 cited
  • 2009Risk Matters: The Real Effects of Volatility Shocks147 cited
  • Cited by

    • 2011Fiscal Volatility Shocks and Economic Activity109 cited
    • 2012Fiscal Volatility Shocks and Economic Activity75 cited
    • 2010Automatic Stabilizers and Economic Crisis: US vs. Europe60 cited
    • 2010Debt Financing and Sharp Currency Depreciations: Wholly vs. Partially Owned Multinational Affiliates29 cited
    • 2010A Mixed Splicing Procedure for Economic Time Series22 cited