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Kinked Adjustment Costs and Aggregate Dynamics
16 references·16 citing·35 second hopsampled
Kinked Adjustment Costs and Aggregate Dynamics (1990)Kinked Adjustment Costs and Aggregate Dyn…The Optimality of (S,s) Policies in the Dynamic Inventory Problem (2005)The Optimality of (S,s) Polic…Why is Consumption So Smooth? (1989)Why is Consumption So Smooth?Persistent Trade Effects of Large Exchange Rate Shocks (1989)Persistent Trade Effects of L…Hysteresis, Import Penetration, and Exchange Rate Pass-Through (1989)Hysteresis, Import Penetratio…Entry and Exit Decisions under Uncertainty (1989)Entry and Exit Decisions unde…Monopolistic Competition and the Effects of Aggregate Demand (1987)Monopolistic Competition and …Menu Costs and the Neutrality of Money (1987)Menu Costs and the Neutrality…Irreversible Investment, Capacity Choice and the Value of the Firm (1986)Irreversible Investment, Capa…Capital Market Equilibrium with Transaction Costs (1986)Capital Market Equilibrium wi…Small Menu Costs and Large Business Cycles: A Macroeconomic Model of Monopoly (1985)Small Menu Costs and Large Bu…Are Economic Time Series Asymmetric over the Business Cycle? (1984)Are Economic Time Series Asym…Stochastic Implications of the Life Cycle-Permanent Income Hypothesis: Theory and Evidence (1978)Stochastic Implications of th…Inflation and Costs of Price Adjustment (1977)Inflation and Costs of Price …A Model of the Demand for Money by Firms (1966)A Model of the Demand for Mon…Planning Production, Inventories, and Work Force. (1962)Planning Production, Inventor…The Interest-Elasticity of Transactions Demand For Cash (1956)The Interest-Elasticity of Tr…The Finance Uncertainty Multiplier (2023)The Finance Uncertainty Multi…What Drives House Price Cycles? International Experience and Policy Issues (2021)What Drives House Price Cycle…Uncertainty Shocks and Business Cycle Research (2020)Uncertainty Shocks and Busine…From Hyperinflation to Stable Prices: Argentina’s Evidence on Menu Cost Models* (2018)From Hyperinflation to Stable…Wait-and-see: Investment options under policy uncertainty (2015)Wait-and-see: Investment opti…The Flow Approach to Labor Markets: New Data Sources and Micro–Macro Links (2006)The Flow Approach to Labor Ma…Uncertainty and Consumer Durables Adjustment (2005)Uncertainty and Consumer Dura…Zeros and Lumps in Investment: Empirical Evidence on Irreversibilities and Nonconvexities (2003)Zeros and Lumps in Investment…Contemporaneous aggregation of linear dynamic models in large economies (2003)Contemporaneous aggregation o…Tax Policy and Business Investment**RGH acknowledges financial support from Harvard Business School and the American Enterprise Institute. (2002)Tax Policy and Business Inves…Machine Replacement and the Business Cycle: Lumps and Bumps (1999)Machine Replacement and the B…Chapter 12 Aggregate investment (1999)Chapter 12 Aggregate investme…Chapter 11 Consumption (1999)Chapter 11 ConsumptionTransaction Costs and Nonlinear Adjustment Towards Equilibrium in the US Treasury Bill Market (1997)Transaction Costs and Nonline…Money, New-Keynesian macroeconomics and the business cycle (1993)Money, New-Keynesian macroeco…Asset returns with transactions costs and uninsured individual risk (1991)Asset returns with transactio…Investment in Human Capital: A Theoretical Analysis (1962)Evaluating Natural Resource Investments (1985)Irreversibility, Uncertainty, and Investment (1990)Operating Flexibility, Global Manufacturing, and the Option Value of a Multinational Network (1994)Theory of rational option pricing (2005)The Asset-Pricing Implications of Government Economic Policy Uncertainty (2015)Long-Term Contracts, Rational Expectations, and the Optimal Money Supply Rule (1977)Noise (1986)Coordinating Coordination Failures in Keynesian Models (1988)Information and the Change in the Paradigm in Economics (2002)The General Theory of Employment (1937)Short-run equilibrium dynamics of unemployment vacancies, and real wages (1985)Rational-expectations econometric analysis of changes in regime (1988)Detrending and business cycle facts (1998)Nominal price rigidity, money supply endogeneity, and business cycles (1996)Low inflation, pass-through, and the pricing power of firms (2000)Can Sticky Price Models Generate Volatile and Persistent Real Exchange Rates? (2002)Dynamics of the Trade Balance and the Terms of Trade: The J-Curve?Foreign Direct Investment, Exchange Rate Variability and Demand Uncertainty (1994)Economic Geography and Public Policy (2011)Optimal control of execution costs (1998)Corporate Yield Spreads and Bond Liquidity (2007)Liquidity and Expected Returns: Lessons from Emerging Markets (2007)Dynamic Econometrics (1995)Do Firms Rebalance Their Capital Structures? (2005)A Model of the Consumption Response to Fiscal Stimulus Payments (2014)Trends and random walks in macroeconmic time series (1982)Testing for a Unit Root in Time Series Regression (1988)The Great Crash, the Oil Price Shock, and the Unit Root Hypothesis (1989)A Theoretical Framework for Monetary Analysis (1970)BANKING PANICS AND BUSINESS CYCLES * (1988)Monetary Theory and Policy (1999)Investment and Hysteresis (1992)Real Options and Interactions with Financial Flexibility (1993)Strategic Growth Options (1998)
this work references cited by second hop· second hop is a sample of the most-cited connections

References

  • 1978Stochastic Implications of the Life Cycle-Permanent Income Hypothesis: Theory and Evidence3,581 cited
  • 1989Entry and Exit Decisions under Uncertainty2,356 cited
  • 1956The Interest-Elasticity of Transactions Demand For Cash1,489 cited
  • 1987Monopolistic Competition and the Effects of Aggregate Demand1,457 cited
  • 1966A Model of the Demand for Money by Firms1,338 cited
  • 1986Irreversible Investment, Capacity Choice and the Value of the Firm1,296 cited
  • 1985Small Menu Costs and Large Business Cycles: A Macroeconomic Model of Monopoly1,223 cited
  • 1986Capital Market Equilibrium with Transaction Costs1,096 cited
  • 1989Persistent Trade Effects of Large Exchange Rate Shocks934 cited
  • 1984Are Economic Time Series Asymmetric over the Business Cycle?929 cited
  • 1962Planning Production, Inventories, and Work Force.877 cited
  • 1989Hysteresis, Import Penetration, and Exchange Rate Pass-Through870 cited
  • 1977Inflation and Costs of Price Adjustment758 cited
  • 2005The Optimality of (S,s) Policies in the Dynamic Inventory Problem711 cited
  • 1987Menu Costs and the Neutrality of Money672 cited

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1989
Why is Consumption So Smooth?
586 cited

Cited by

  • 1999Machine Replacement and the Business Cycle: Lumps and Bumps449 cited
  • 2006The Flow Approach to Labor Markets: New Data Sources and Micro–Macro Links440 cited
  • 1991Asset returns with transactions costs and uninsured individual risk320 cited
  • 2002Tax Policy and Business Investment**RGH acknowledges financial support from Harvard Business School and the American Enterprise Institute.264 cited
  • 1999Chapter 12 Aggregate investment219 cited
  • 1993Money, New-Keynesian macroeconomics and the business cycle215 cited
  • 1999Chapter 11 Consumption204 cited
  • 2018From Hyperinflation to Stable Prices: Argentina’s Evidence on Menu Cost Models*198 cited
  • 2003Contemporaneous aggregation of linear dynamic models in large economies189 cited
  • 2015Wait-and-see: Investment options under policy uncertainty184 cited
  • 1997Transaction Costs and Nonlinear Adjustment Towards Equilibrium in the US Treasury Bill Market182 cited
  • 2023The Finance Uncertainty Multiplier180 cited
  • 2021What Drives House Price Cycles? International Experience and Policy Issues178 cited
  • 2005Uncertainty and Consumer Durables Adjustment177 cited
  • 2003Zeros and Lumps in Investment: Empirical Evidence on Irreversibilities and Nonconvexities166 cited
  • 2020Uncertainty Shocks and Business Cycle Research164 cited