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News, Non-Invertibility, and Structural VARs
16 references·16 citing·36 second hopsampled
News, Non-Invertibility, and Structural VARs (2012)News, Non-Invertibility, and Structural V…The Quarterly Journal of Economics (2024)The Quarterly Journal of Econ…What are the effects of fiscal policy shocks? (2009)What are the effects of fisca…Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach (2007)Shocks and Frictions in US Bu…Stock Prices, News, and Economic Fluctuations (2006)Stock Prices, News, and Econo…Can News About the Future Drive the Business Cycle? (2006)Can News About the Future Dri…Are Technology Improvements Contractionary? (2006)Are Technology Improvements C…What are the effects of monetary policy on output? Results from an agnostic identification procedure (2005)What are the effects of monet…Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy (2005)Nominal Rigidities and the Dy…Measuring the Effects of Monetary Policy: A Factor-Augmented Vector Autoregressive (FAVAR) Approach (2005)Measuring the Effects of Mone…Implications of Dynamic Factor Models for VAR Analysis (2005)Implications of Dynamic Facto…Some Evidence on the Importance of Sticky Prices (2004)Some Evidence on the Importan…Some Evidence on the Importance of Sticky Prices (2002)Some Evidence on the Importan…Technology, Employment, and the Business Cycle: Do Technology Shocks Explain Aggregate Fluctuations (1996)Technology, Employment, and t…Staggered Prices in a Utility-Maximizing Framework (1996)Staggered Prices in a Utility…The Dynamic Effects of Aggregate Demand and Supply Disturbances (1988)The Dynamic Effects of Aggreg…Staggered prices in a utility-maximizing framework (1983)Staggered prices in a utility…The response of asset prices to monetary policy shocks: Stronger than thought (2019)The response of asset prices …Identification and Estimation in Non-Fundamental Structural VARMA Models (2019)Identification and Estimation…Does Austerity Pay Off? (2019)Does Austerity Pay Off?Bayesian inference on structural impulse response functions (2019)Bayesian inference on structu…Structural VARs and noninvertible macroeconomic models (2018)Structural VARs and noninvert…Sentiments in SVARs (2018)Sentiments in SVARsWhat can we learn about news shocks from the late 1990s and early 2000s boom-bust period? (2017)What can we learn about news …Testing for fundamental vector moving average representations (2017)Testing for fundamental vecto…Emerging economies business cycles: The role of commodity terms of trade news (2017)Emerging economies business c…Whither News Shocks? (2015)Whither News Shocks?When is Nonfundamentalness in VARs a Real Problem? An Application to News Shocks (2015)When is Nonfundamentalness in…Multipliers of unexpected increases in defense spending: An empirical investigation (2015)Multipliers of unexpected inc…Investment‐Specific News Shocks and U.S. Business Cycles (2015)Investment‐Specific News Shoc…Estimating Fiscal Multipliers: News from a Nonlinear World (2014)Estimating Fiscal Multipliers…The Relationship Between DSGE and VAR Models (2013)The Relationship Between DSGE…Fiscal news and macroeconomic volatility (2013)Fiscal news and macroeconomic…Aggregate Dynamics and Staggered Contracts (1980)Trends and random walks in macroeconomic time series (1988)The Great Crash, the Oil Price Shock, and the Unit Root Hypothesis (1989)Impulse response analysis in nonlinear multivariate models (1996)An Estimated Dynamic Stochastic General Equilibrium Model of the Euro Area (2003)"Rational" Expectations, the Optimal Monetary Instrument, and the Optimal Money Supply Rule (1975)Inflation and Costs of Price Adjustment (1977)Behavioral Macroeconomics and Macroeconomic Behavior (2002)Employment Fluctuations with Equilibrium Wage Stickiness (2005)Unemployment Fluctuations with Staggered Nash Wage Bargaining (2009)Econometric policy evaluation: A critique (1976)Macroeconomics and Reality (1980)A no-arbitrage vector autoregression of term structure dynamics with macroeconomic and latent variables (2003)Time Varying Structural Vector Autoregressions and Monetary Policy (2005)Understanding the Effects of Government Spending on Consumption (2007)Time to Build and Aggregate Fluctuations (1982)Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach (2010)When Is the Government Spending Multiplier Large? (2011)The Science of Monetary Policy: A New Keynesian Perspective (1999)Implications of rational inattention (2003)Five Facts about Prices: A Reevaluation of Menu Cost Models * (2008)Markups and Firm-Level Export Status (2012)Inside the Black Box: The Credit Channel of Monetary Policy Transmission (1995)Large Bayesian vector auto regressions (2009)High Frequency Identification of Monetary Non-Neutrality: The Information Effect (2013)Measuring the Macroeconomic Impact of Monetary Policy at the Zero Lower Bound (2016)The Role of Monetary Policy (1995)Estimation and Inference of Impulse Responses by Local Projections (2005)The Impact of Uncertainty Shocks (2009)Discretion versus policy rules in practice (1993)A model of unconventional monetary policy (2010)Financial Intermediation and Credit Policy in Business Cycle Analysis (2010)Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory* (2000)A Theory of Fairness, Competition, and Cooperation (1999)Boys will be Boys: Gender, Overconfidence, and Common Stock Investment (2001)The Skill Content of Recent Technological Change: An Empirical Exploration (2003)
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References

  • 1983Staggered prices in a utility-maximizing framework7,892 cited
  • 2024The Quarterly Journal of Economics7,176 cited
  • 2005Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy5,868 cited
  • 2007Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach4,628 cited
  • 1996Staggered Prices in a Utility-Maximizing Framework4,369 cited
  • 1988The Dynamic Effects of Aggregate Demand and Supply Disturbances3,940 cited
  • 2005What are the effects of monetary policy on output? Results from an agnostic identification procedure2,303 cited
  • 2005Measuring the Effects of Monetary Policy: A Factor-Augmented Vector Autoregressive (FAVAR) Approach1,852 cited
  • 1996Technology, Employment, and the Business Cycle: Do Technology Shocks Explain Aggregate Fluctuations1,731 cited
  • 2004Some Evidence on the Importance of Sticky Prices1,579 cited
  • 2009What are the effects of fiscal policy shocks?1,331 cited
  • 2002Some Evidence on the Importance of Sticky Prices1,323 cited
  • 2006Can News About the Future Drive the Business Cycle?955 cited
  • 2006Are Technology Improvements Contractionary?878 cited
  • 2006Stock Prices, News, and Economic Fluctuations

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873 cited
  • 2005Implications of Dynamic Factor Models for VAR Analysis870 cited
  • Cited by

    • 2019Does Austerity Pay Off?81 cited
    • 2015Investment‐Specific News Shocks and U.S. Business Cycles75 cited
    • 2017Emerging economies business cycles: The role of commodity terms of trade news75 cited
    • 2015Whither News Shocks?63 cited
    • 2019Bayesian inference on structural impulse response functions63 cited
    • 2014Estimating Fiscal Multipliers: News from a Nonlinear World62 cited
    • 2018Structural VARs and noninvertible macroeconomic models60 cited
    • 2013Fiscal news and macroeconomic volatility53 cited
    • 2017What can we learn about news shocks from the late 1990s and early 2000s boom-bust period?41 cited
    • 2019Identification and Estimation in Non-Fundamental Structural VARMA Models39 cited
    • 2013The Relationship Between DSGE and VAR Models35 cited
    • 2019The response of asset prices to monetary policy shocks: Stronger than thought31 cited
    • 2018Sentiments in SVARs25 cited
    • 2015When is Nonfundamentalness in VARs a Real Problem? An Application to News Shocks24 cited
    • 2015Multipliers of unexpected increases in defense spending: An empirical investigation21 cited
    • 2017Testing for fundamental vector moving average representations21 cited