create a website

Durable goods and the forward-looking theory of consumption: Estimates implied by the dynamic effects of money. (2006). Lastrapes, William ; Potts, Todd B..
In: Journal of Economic Dynamics and Control.
RePEc:eee:dyncon:v:30:y:2006:i:8:p:1409-1430.

Full description at Econpapers || Download paper

Cited: 3

Citations received by this document

Cites: 50

References cited by this document

Cocites: 50

Documents which have cited the same bibliography

Coauthors: 0

Authors who have wrote about the same topic

Citations

Citations received by this document

  1. Effect of ageing on the ownership of durable goods. (2017). Bíró, Anikó ; Biro, Aniko.
    In: Scottish Journal of Political Economy.
    RePEc:bla:scotjp:v:64:y:2017:i:5:p:501-529.

    Full description at Econpapers || Download paper

  2. Monetary policy implications of housing shift-contagion across regional markets. (2014). Huang, Meichi.
    In: Journal of Economics and Finance.
    RePEc:spr:jecfin:v:38:y:2014:i:4:p:589-608.

    Full description at Econpapers || Download paper

  3. Monetary policy and the US housing market: A VAR analysis imposing sign restrictions. (2008). Vargas-Silva, Carlos.
    In: Journal of Macroeconomics.
    RePEc:eee:jmacro:v:30:y:2008:i:3:p:977-990.

    Full description at Econpapers || Download paper

References

References cited by this document

  1. Akerlof, G.A. Behavioral macroeconomics and macroeconomic behavior. 2002 American Economic Review. 92 411-433

  2. Angeletos, G.-M. ; Laibson, D. ; Repetto, A. ; Tobacman, J. ; Weinberg, S. The hyperbolic consumption model: calibration, simulation, and empirical evaluation. 2001 Journal of Economic Perspectives. 15 47-68

  3. Baffoe-Bonnie, J. The dynamic impact of macroeconomic aggregates on housing prices and stock of houses: a national and regional analysis. 1998 Journal of Real Estate Finance and Economics. 17 179-197

  4. Bernanke, B.S. Adjustment costs, durables, and aggregate consumption. 1985 Journal of Monetary Economics. 15 41-68

  5. Bernanke, B.S. ; Gertler, M. Inside the black box: the credit channel of monetary policy transmission. 1995 Journal of Economic Perspectives. 9 27-48

  6. Bernanke, B.S. ; Mihov, I. The liquidity effect and long-run neutrality. 1998 Carnegie-Rochester Conference Series on Public Policy. 49 149-194

  7. Blanchard, O.J. ; Fischer, S. Lectures on Macroeconomics. 1989 The MIT Press: Cambridge

  8. Blanchard, O.J. ; Quah, D. The dynamic effects of aggregate demand and supply disturbances. 1989 American Economic Review. 79 655-673

  9. Boschen, J.F., Mills, L.O., 1995. Tests of long-run neutrality using permanent monetary and real shocks. Journal of Monetary Economics 25–44.

  10. Browning, M. ; Crossley, T.F. The life-cycle model of consumption and saving. 2001 Journal of Economic Perspectives. 15 3-22

  11. Bruce, D. ; Holtz-Eakin, D. Apocalypse now? fundamental tax reform and residential housing values. 1999 Journal of Housing Economics. 8 249-271

  12. Bullard, J. Testing long-run monetary neutrality propositions: lessons from the recent research. 1999 St. Louis Federal Reserve Bank Review. 81 57-78

  13. Calhoun, C.A., 1996. OFHEO house price indexes: hpi technical description, Office of Federal Housing Enterprize Oversight. Unpublished manuscript.
    Paper not yet in RePEc: Add citation now
  14. Campbell, J.Y. Inspecting the mechanism: an analytical approach to the stochastic growth model. 1994 Journal of Monetary Economics. 33 463-506

  15. Chah, E.Y. ; Ramey, V.A. ; Starr, R.M. Liquidity constraints and intertemporal consumer optimization: theory and evidence from durable goods. 1995 Journal of Money Credit and Banking. 27 272-287

  16. Christiano, L.J. ; Eichenbaum, M. ; Evans, C.L. Nominal rigidities and the dynamic effects of a shock to monetary policy. 2005 Journal of Political Economy. 113 1-45

  17. Christiano, L.J., Eichenbaum, M., Evans, C.L., 1999. Monetary policy shocks: what have we learned and to what end? Handbook of Macroeconomics. Elsevier, Amsterdam.

  18. Coe, P.J. ; Nason, J.M. Long-run monetary neutrality and long-horizon regressions. 2004 Journal of Applied Econometrics. 19 355-373

  19. Eberly, J.C. Adjustment of consumers’ durables stocks: evidence from automobile purchases. 1994 Journal of Political Economy. 102 403-436

  20. Evenson, B., 2003. Understanding house price volatility: measuring and explaining the supply side of metropolitan area housing markets. Unpublished manuscript, Illinois State University.
    Paper not yet in RePEc: Add citation now
  21. Faust, J. ; Leeper, E.M. When do long-run identifying restrictions give reliable results?. 1997 Journal of Business and Economics Statistics. 15 345-353

  22. Fisher, M.E. ; Seater, J.J. Long-run neutrality and superneutrality in an ARIMA framework. 1993 American Economic Review. 83 402-415

  23. Fratantoni, M. ; Schuh, S. Monetary policy, housing and heterogeneous regional markets. 2003 Journal of Money, Credit and Banking. 35 557-589

  24. Frederick, S. ; Loewenstein, G. ; O’Donoghue, T. Time discounting and time preference: a critical review. 2002 Journal of Economic Literature. XL 351-401

  25. Gali, J. How well does the is-lm model fit postwar U.S. data?. 1992 Quarterly Journal of Economics. 107 709-738
    Paper not yet in RePEc: Add citation now
  26. Hamilton, J. Time Series Analysis. 1994 Princeton University Press: Princeton
    Paper not yet in RePEc: Add citation now
  27. Harter-Dreiman, M., 2003. Drawing inferences about housing supply elasticity from house price responses to income shocks. OFHEO Working Paper 03-2.

  28. Iacoviello, M., 2000. House prices and the macroeconomy in Europe: results from a structural VAR analysis. European Central Bank Working Paper No. 18.

  29. Ireland, P.N. A method for taking models to the data. 2004 Journal of Economic Dynamics and Control. 28 1205-1226

  30. Keating, J. Structural information in recursive var orderings. 1996 Journal of Economic Dynamics and Control. 20 1557-1580

  31. King, R.G. ; Watson, M.W. Testing long-run neutrality. 1997 Federal Reserve Bank of Richmond Economic Quarterly. 69–101 -

  32. Lam, P.-S. Permanent income, liquidity, and adjustments of automobile stocks: evidence from panel data. 1991 Quarterly Journal of Economics. 203–230 -

  33. Landefeld, S.J., Parker, R.P., 1997. BEA's chain indexes, time series, and measures of long-term economic growth. Survey of Current Business 58–68.
    Paper not yet in RePEc: Add citation now
  34. Lastrapes, W.D. International evidence on equity prices, interest rates and money. 1998 Journal of International Money and Finance. 17 377-406

  35. Lastrapes, W.D. The real price of housing and money supply shocks: time series evidence and theoretical simulations. 2002 Journal of Housing Economics. 11 40-74

  36. Lucas, R.E. Nobel lecture: monetary neutrality. 1996 Journal of Political Economy. 104 661-682

  37. Miles, D. Housing Financial Markets and the Wider Economy. 1994 John Wiley & Sons: New York
    Paper not yet in RePEc: Add citation now
  38. Mishkin, F.S. Illiquidity, consumer durable expenditure, and monetary policy. 1976 The American Economic Review. 66 642-653

  39. Obstfeld, M. ; Rogoff, K. Foundations of International Macroeconomics. 1996 MIT Press: Cambridge, MA

  40. Ogaki, M. ; Reinhart, C.M. Measuring intertemporal substitution: the role of durable goods. 1998 Journal of Political Economy. 106 1078-1098

  41. Pagan, A.R. ; Robertson, J.C. Structural models of the liquidity effect. 1998 Review of Economics and Statistics. 80 202-217

  42. Poterba, J.M. Tax subsidies to owner-occupied housing: an asset-market approach. 1984 Quarterly Journal of Economics. 99 729-752

  43. Romer, D. Advanced Macroeconomics. 2001 McGraw-Hill: Boston
    Paper not yet in RePEc: Add citation now
  44. Rotemberg, J. J., Woodford, M., 1997. An optimization-based econometric framework for the evaluation of monetary policy. NBER Macroeconomics Annual 297–316.

  45. Shapiro, M. ; Watson, M. Sources of business cycle fluctuations. 1988 En : Fischer, S. NBER Macroeconomics Annual. The MIT Press: Cambridge

  46. Smets, F. ; Wouters, R. Openness, imperfect exchange rate pass-through and monetary policy. 2002 Journal of Monetary Economics. 49 947-981

  47. Startz, R. The stochastic behavior of durable and nondurable consumption. 1989 Review of Economics and Statistics. 71 356-363

  48. Thaler, R. Psychology and savings policies. 1994 American Economic Review. 84 186-192

  49. Topel, R. ; Rosen, S. Housing investment in the united states. 1988 Journal of Political Economy. 96 718-740

  50. Wilson, B.K. The aggregate existence of precautionary saving: time series evidence from expenditures on nondurable and durable goods. 1998 Journal of Macroeconomics. 20 309-323

Cocites

Documents in RePEc which have cited the same bibliography

  1. Fiscal and monetary policies in complex evolving economies. (2015). Treibich, Tania ; Roventini, Andrea ; Napoletano, Mauro ; Fagiolo, Giorgio ; Dosi, Giovanni.
    In: Journal of Economic Dynamics and Control.
    RePEc:eee:dyncon:v:52:y:2015:i:c:p:166-189.

    Full description at Econpapers || Download paper

  2. Macroeconomics: A Survey of Laboratory Research. (2014). Duffy, John.
    In: Working Paper.
    RePEc:pit:wpaper:334.

    Full description at Econpapers || Download paper

  3. The role of income inequality in crisis theories and in the subprime crisis. (2013). Goda, Thomas.
    In: Working Papers.
    RePEc:pke:wpaper:pkwp1305.

    Full description at Econpapers || Download paper

  4. Agent-based macroeconomics: A baseline model. (2013). Lengnick, Matthias.
    In: Journal of Economic Behavior & Organization.
    RePEc:eee:jeborg:v:86:y:2013:i:c:p:102-120.

    Full description at Econpapers || Download paper

  5. Income Distribution, Credit and Fiscal Policies in an Agent-Based Keynesian Model. (2012). Roventini, Andrea ; Napoletano, Mauro ; Fagiolo, Giorgio ; Dosi, Giovanni.
    In: Working Papers.
    RePEc:ver:wpaper:03/2012.

    Full description at Econpapers || Download paper

  6. Agent Based Models: A New Tool for Economic and Policy Analysis. (2012). Napoletano, Mauro ; Gaffard, Jean-Luc ; Babutsidze, Zakaria.
    In: Sciences Po publications.
    RePEc:spo:wpmain:info:hdl:2441/121881fn7h9haadnuq3gp3ujjd.

    Full description at Econpapers || Download paper

  7. Income Distribution, Credit and Fiscal Policies in an Agent-Based Keynesian Model. (2012). Roventini, Andrea ; Napoletano, Mauro ; Fagiolo, Giorgio ; Dosi, Giovanni.
    In: Documents de Travail de l'OFCE.
    RePEc:fce:doctra:1206.

    Full description at Econpapers || Download paper

  8. Income Distribution, Credit and Fiscal Policies in an Agent-Based Keynesian Model. (2012). Roventini, Andrea ; Napoletano, Mauro ; Fagiolo, Giorgio ; Dosi, Giovanni.
    In: EconomiX Working Papers.
    RePEc:drm:wpaper:2012-5.

    Full description at Econpapers || Download paper

  9. Inverse Thinking in Economic Theory: A Radical Approach to Economic Thinking. (2012). Gomez-Ramirez, Jaime.
    In: Papers.
    RePEc:arx:papers:1208.3460.

    Full description at Econpapers || Download paper

  10. Die Rezeption der John Maynard Keynes Manuskripte von 1904 bis 1911. Anregungen für die deutschsprachige Diskussion. (2011). Muchlinski, Elke.
    In: Discussion Papers.
    RePEc:zbw:fubsbe:20117.

    Full description at Econpapers || Download paper

  11. Taking the moral hazard out of banking: the next fundamental step in financial reform. (2011). Masera, Rainer.
    In: PSL Quarterly Review.
    RePEc:psl:pslqrr:2011:22.

    Full description at Econpapers || Download paper

  12. How applicable are the new keynesian DSGE models to a typical low-income economy?. (2011). Senbeta, Sisay.
    In: MPRA Paper.
    RePEc:pra:mprapa:30931.

    Full description at Econpapers || Download paper

  13. Exchange rate determination, macroeconomic dynamics and stability under heterogeneous behavioral FX expectations. (2011). Proaño, Christian ; Proao, Christian R..
    In: Journal of Economic Behavior & Organization.
    RePEc:eee:jeborg:v:77:y:2011:i:2:p:177-188.

    Full description at Econpapers || Download paper

  14. How applicable are the new Keynesian DSGE models to a typical low-income economy?. (2011). Senbeta, Sisay ; Regassa Senbeta S., .
    In: Working Papers.
    RePEc:ant:wpaper:2011016.

    Full description at Econpapers || Download paper

  15. The hyperbolic factor: A measure of time inconsistency. (2010). Rohde, Kirsten.
    In: Journal of Risk and Uncertainty.
    RePEc:kap:jrisku:v:41:y:2010:i:2:p:125-140.

    Full description at Econpapers || Download paper

  16. Uncertainty and Learning in Stochastic Macro Models. (2010). Ferri, Piero ; Variato, Anna .
    In: International Advances in Economic Research.
    RePEc:kap:iaecre:v:16:y:2010:i:3:p:297-310.

    Full description at Econpapers || Download paper

  17. Imperfect Information and Aggregate Supply. (2010). Reis, Ricardo ; Mankiw, N. Gregory.
    In: Scholarly Articles.
    RePEc:hrv:faseco:33907956.

    Full description at Econpapers || Download paper

  18. Behavioral foundations for the Keynesian consumption function. (2010). D'Orlando, Fabio ; Sanfilippo, Eleonora.
    In: Journal of Economic Psychology.
    RePEc:eee:joepsy:v:31:y:2010:i:6:p:1035-1046.

    Full description at Econpapers || Download paper

  19. Earnings management, market discounts and the performance of private equity placements. (2010). Chih, Shu-Wei ; Cheng, Lee-Young.
    In: Journal of Banking & Finance.
    RePEc:eee:jbfina:v:34:y:2010:i:8:p:1922-1932.

    Full description at Econpapers || Download paper

  20. Schumpeter meeting Keynes: A policy-friendly model of endogenous growth and business cycles. (2010). Roventini, Andrea ; Fagiolo, Giorgio ; Dosi, Giovanni.
    In: Journal of Economic Dynamics and Control.
    RePEc:eee:dyncon:v:34:y:2010:i:9:p:1748-1767.

    Full description at Econpapers || Download paper

  21. Imperfect Information and Aggregate supply. (2010). Reis, Ricardo ; Mankiw, N. Gregory.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:7711.

    Full description at Econpapers || Download paper

  22. Efficiency Wages, Productivity and Simultaneity: A Meta-Regression Analysis. (2009). Stanley, T. ; Peach, Eric Krassoi .
    In: Journal of Labor Research.
    RePEc:spr:jlabre:v:30:y:2009:i:3:p:262-268.

    Full description at Econpapers || Download paper

  23. Heterogenous Behavioral Expectations, FX Fluctuations and Dynamic Stability in a Stylized Two-Country Macroeconomic Model. (2009). Proaño, Christian ; Proano, Christian R..
    In: IMK Working Paper.
    RePEc:imk:wpaper:3-2009.

    Full description at Econpapers || Download paper

  24. Decreasing relative impatience. (2009). Rohde, Kirsten ; Rohde,Kirsten I. M., .
    In: Journal of Economic Psychology.
    RePEc:eee:joepsy:v:30:y:2009:i:6:p:831-839.

    Full description at Econpapers || Download paper

  25. Schumpeter Meeting Keynes: A Policy-Friendly Model of Endogenous Growth and Business Cycles. (2008). Roventini, Andrea ; Fagiolo, Giorgio ; Dosi, Giovanni.
    In: LEM Papers Series.
    RePEc:ssa:lemwps:2008/21.

    Full description at Econpapers || Download paper

  26. The Phillips Curve and NAIRU Revisited: New Estimates for Germany. (2008). Franz, Wolfgang ; Fitzenberger, Bernd ; Bode, Oliver .
    In: Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik).
    RePEc:jns:jbstat:v:228:y:2008:i:5-6:p:465-496.

    Full description at Econpapers || Download paper

  27. Monetary and Fiscal Policy Analysis With an Agent-Based Macroeconomic Model. (2008). Haber, Gottfried.
    In: Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik).
    RePEc:jns:jbstat:v:228:y:2008:i:2-3:p:276-295.

    Full description at Econpapers || Download paper

  28. Bringing macroeconomics into the lab. (2008). Ricciuti, Roberto.
    In: Journal of Macroeconomics.
    RePEc:eee:jmacro:v:30:y:2008:i:1:p:216-237.

    Full description at Econpapers || Download paper

  29. Expectation formation in an experimental foreign exchange market. (2007). Schmidt, Robert ; Leitner, Johannes.
    In: Central European Journal of Operations Research.
    RePEc:spr:cejnor:v:15:y:2007:i:2:p:167-184.

    Full description at Econpapers || Download paper

  30. Money illusion and coordination failure. (2007). Tyran, Jean-Robert ; Fehr, Ernst.
    In: Games and Economic Behavior.
    RePEc:eee:gamebe:v:58:y:2007:i:2:p:246-268.

    Full description at Econpapers || Download paper

  31. Macro Dynamics in a Model with Uncertainty.. (2007). Ferri, Piero ; Variato, Anna Maria.
    In: Working Papers (-2012).
    RePEc:brg:wpaper:0704.

    Full description at Econpapers || Download paper

  32. Endogenous Cycles, Debt and Monetary Policy. (2007). Ferri, Piero ; Variato, Anna Maria.
    In: Working Papers (-2012).
    RePEc:brg:wpaper:0703.

    Full description at Econpapers || Download paper

  33. Monetary Policy and Economic Growth under Money Illusion. (2007). Xie, Danyang ; Miao, Jianjun.
    In: Boston University - Department of Economics - Working Papers Series.
    RePEc:bos:wpaper:wp2007-045.

    Full description at Econpapers || Download paper

  34. Durable goods and the forward-looking theory of consumption: Estimates implied by the dynamic effects of money. (2006). Lastrapes, William ; Potts, Todd B..
    In: Journal of Economic Dynamics and Control.
    RePEc:eee:dyncon:v:30:y:2006:i:8:p:1409-1430.

    Full description at Econpapers || Download paper

  35. Who bear the burden of wage cuts? Evidence from Finland during the 1990s. (2005). Vainiomäki, Jari ; Böckerman, Petri ; Vainiomaki, Jari.
    In: Labor and Demography.
    RePEc:wpa:wuwpla:0504009.

    Full description at Econpapers || Download paper

  36. Monetary policy for inattentive economies. (2005). Reis, Ricardo ; Mankiw, N. Gregory ; Ball, Laurence.
    In: Journal of Monetary Economics.
    RePEc:eee:moneco:v:52:y:2005:i:4:p:703-725.

    Full description at Econpapers || Download paper

  37. Good governance in monetary policy and the negative real effects of inflation targeting in developing economies. (2005). Libanio, Gilberto.
    In: Textos para Discussão Cedeplar-UFMG.
    RePEc:cdp:texdis:td277.

    Full description at Econpapers || Download paper

  38. Jobless Recovering and Equilibrium Involuntary Unemployment with a Simple Efficiency Wage Model. (2004). Ma, Jinpeng.
    In: Departmental Working Papers.
    RePEc:rut:rutres:200404.

    Full description at Econpapers || Download paper

  39. Behavioural Macroeconomics and the Aggregate Supply Puzzle. (2004). Holden, Steinar.
    In: Nordic Journal of Political Economy.
    RePEc:noj:journl:v:30:y:2004:p:27-35.

    Full description at Econpapers || Download paper

  40. Input versus Output Taxation in an Experimental International Economy. (2004). van Winden, Frans ; Riedl, Arno.
    In: IZA Discussion Papers.
    RePEc:iza:izadps:dp1344.

    Full description at Econpapers || Download paper

  41. Money Illusion and Coordination Failure. (2004). Tyran, Jean-Robert ; Fehr, Ernst.
    In: IZA Discussion Papers.
    RePEc:iza:izadps:dp1013.

    Full description at Econpapers || Download paper

  42. Bringing Macroeconomics into the Lab.. (2004). Ricciuti, Roberto.
    In: ICER Working Papers.
    RePEc:icr:wpicer:26-2004.

    Full description at Econpapers || Download paper

  43. The choice of equity-selling mechanisms. (2004). Wu, Yilin.
    In: Journal of Financial Economics.
    RePEc:eee:jfinec:v:74:y:2004:i:1:p:93-119.

    Full description at Econpapers || Download paper

  44. Money Illusion and Coordination Failure. (2004). Tyran, Jean-Robert ; Fehr, Ernst.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:4283.

    Full description at Econpapers || Download paper

  45. CRIAÇÃO DE VALOR ATRAVÉS DA ESTRATÉGIA DE PROCRASTINAÇÃO. (2004). Kimura, Herbert ; Leonardo Fernando Cruz Basso, ; Krauter, Elizabeth .
    In: Anais do XXXII Encontro Nacional de Economia [Proceedings of the 32nd Brazilian Economics Meeting].
    RePEc:anp:en2004:092.

    Full description at Econpapers || Download paper

  46. ON PREDICTING THE PRICE OF CORN, 1963-2002. (2004). Schaffer, Harwood.
    In: 2004 Annual Meeting, February 14-18, 2004, Tulsa, Oklahoma.
    RePEc:ags:saeaft:34662.

    Full description at Econpapers || Download paper

  47. A Nobel Prize for Asymmetric Information: The economic contributions of George Akerlof, Michael Spence and Joseph Stiglitz. (2003). .
    In: Review of Political Economy.
    RePEc:taf:revpoe:v:15:y:2003:i:1:p:3-21.

    Full description at Econpapers || Download paper

  48. Monetary Policy for Inattentive Economies. (2003). Reis, Ricardo ; Mankiw, N. Gregory ; Ball, Laurence.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:9491.

    Full description at Econpapers || Download paper

  49. Monetary Policy for Inattentive Economies. (2003). Reis, Ricardo ; Mankiw, N. Gregory ; Ball, Laurence.
    In: Economics Working Paper Archive.
    RePEc:jhu:papers:491.

    Full description at Econpapers || Download paper

  50. Money Illusion and Coordination Failure. (). Tyran, Jean-Robert ; Fehr, Ernst.
    In: IEW - Working Papers.
    RePEc:zur:iewwpx:177.

    Full description at Econpapers || Download paper

Coauthors

Authors registered in RePEc who have wrote about the same topic

Report date: 2025-10-03 21:27:42 || Missing content? Let us know

CitEc is a RePEc service, providing citation data for Economics since 2001. Last updated August, 3 2024. Contact: Jose Manuel Barrueco.