Portier, Franck - Resultats de la cerca - Dipòsit Digital de Documents de la UAB

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Resultats globals: 4 registres trobats en 0.02 segons.
Documents de recerca, 4 registres trobats

Documents de recerca	4 registres trobats

93 p, 9.8 MB

Putting the cycle back into business cycle analysis / Beaudry, Paul ; Galizia, Dana ; Portier, Franck
Are business cycles mainly a response to persistent exogenous shocks, or do they instead reflect a strong endogenous mechanism which produces recurrent boom-bust phenomena? In this paper we present new evidence in favour of the second interpretation and, most importantly, we highlight the set of key elements that influence our answer to this question. [...]
The ADEMU Working Paper Series is being supported by the European Commission Horizon 2020 European Union funding for Research & Innovation, grant agreement No 649396.
2018 (ADEMU Working Paper Series ; 92)

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80 p, 971.3 KB

Real Keynesian models and sticky prices / Beaudry, Paul ; Portier, Franck
In this paper we present a generalized sticky price model which allows, depending on the parameterization, for demand shocks to maintain strong expansionary effects even in the presence of perfectly flexible prices. [...]
The ADEMU Working Paper Series is being supported by the European Commission Horizon 2020 European Union funding for Research & Innovation, grant agreement No 649396.
2018 (ADEMU Working Paper Series ; 91)

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91 p, 993.8 KB

Reconciling Hayek's and Keynes' views of recessions / Beaudry, Paul ; Galizia, Dana ; Portier, Franck
Recessions often happen after periods of rapid accumulation of houses, consumer durables and business capital. This observation has led some economists, most notably Friedrich Hayek, to conclude that recessions often reflect periods of needed liquidation resulting from past over-investment. [...]
The ADEMU Working Paper Series is being supported by the European Commission Horizon 2020 European Union funding for Research & Innovation, grant agreement No 649396.
2016 (ADEMU Working Paper Series ; 57)

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52 p, 988.3 KB

Is the macroeconomy locally unstable and why should we care? / Beaudry, Paul ; Galizia, Dana ; Portier, Franck
In most modern macroeconomic models, the steady state (or balanced growth path) of the system is a local attractor, in the sense that, in the absence of shocks, the economy would converge to the steady state. [...]
The ADEMU Working Paper Series is being supported by the European Commission Horizon 2020 European Union funding for Research & Innovation, grant agreement No 649396.
2016 (ADEMU Working Paper Series ; 34)

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