scholarly journals Sorting and the Output Loss Due to Search Frictions

2010 ◽  
Author(s):  
Pieter A. Gautier ◽  
Coen N. Teulings
Keyword(s):  
Search Frictions ◽  
Output Loss

scholarly journals Sorting and the Output Loss Due to Search Frictions

2011 ◽  
Author(s):  
Pieter A. Gautier ◽  
Coen N. Teulings
Keyword(s):  
Search Frictions ◽  
Output Loss

scholarly journals Sorting and the Output Loss Due to Search Frictions

2011 ◽  
Author(s):  
Pieter A. Gautier ◽  
Coen N. Teulings
Keyword(s):  
Search Frictions ◽  
Output Loss

scholarly journals SORTING AND THE OUTPUT LOSS DUE TO SEARCH FRICTIONS

2015 ◽  
Vol 13 (6) ◽  
pp. 1136-1166 ◽  
Author(s):  
Pieter A. Gautier ◽  
Coen N. Teulings
Keyword(s):  
Search Frictions ◽  
Output Loss

The Effect of Search Frictions on Mergers

2008 ◽  
Author(s):  
Filippos Papakonsantinou ◽  
Marc Martos-Vila
Keyword(s):  
Search Frictions

scholarly journals Aging and automation in economies with search frictions

2021 ◽  
Author(s):  
Xiaomeng Zhang ◽  
Theodore Palivos ◽  
Xiangbo Liu
Keyword(s):  
Search Frictions

scholarly journals The Costs of Economic Nationalism: Evidence from the Brexit Experiment*

2019 ◽  
Vol 129 (623) ◽  
pp. 2722-2744 ◽  
Author(s):  
Benjamin Born ◽  
Gernot J Müller ◽  
Moritz Schularick ◽  
Petr Sedláček
Keyword(s):  
Synthetic Control ◽  
Control Methods ◽  
Economic Nationalism ◽  
Output Loss ◽  
Structural Time Series ◽  
Time Series Estimation ◽  
Series Estimation ◽  
Synthetic Control Methods ◽  
Quasi Experimental ◽  
Unexpected Outcome

Abstract Economic nationalism is on the rise, but at what cost? We study this question using the unexpected outcome of the Brexit referendum vote as a natural macroeconomic experiment. Employing synthetic control methods, we first show that the Brexit vote has caused a UK output loss of 1.7% to 2.5% by year-end 2018. An expectations-augmented VAR suggests that these costs are, to a large extent, driven by a downward revision of growth expectations in response to the vote. Linking quasi-experimental identification to structural time-series estimation allows us not only to quantify the aggregate costs but also to understand the channels through which expected economic disintegration impacts the macroeconomy.

Banking Crises, Output Loss, and Fiscal Policy

2011 ◽  
Vol 58 (1) ◽  
pp. 181-219 ◽  
Author(s):  
A. Turrini ◽  
W. Roeger ◽  
I. P. Szekely
Keyword(s):  
Fiscal Policy ◽  
Banking Crises ◽  
Output Loss

scholarly journals Growth Dynamics: The Myth of Economic Recovery

2008 ◽  
Vol 98 (1) ◽  
pp. 439-457 ◽  
Author(s):  
Valerie Cerra ◽  
Sweta Chaman Saxena
Keyword(s):  
Civil Wars ◽  
Financial Crises ◽  
Emerging Market ◽  
Growth Dynamics ◽  
Economic Recovery ◽  
Large Set ◽  
Output Loss ◽  
Political Crises ◽  
Robust Evidence ◽  
Large Output

Using panel data for a large set of high-income, emerging market, developing, and transition countries, we find robust evidence that the large output loss from financial crises and some types of political crises is highly persistent. The results on financial crises are also highly robust to the assumption on exogeneity. Moreover, we find strong evidence of growth over optimism before financial crises. We also find a distinction between the output impact of civil wars versus other crises, in that there is a partial output rebound for civil wars but no significant rebound for financial crises or the other political crises. (JEL D72, D74, E32, E44, O17, O47)

Sign in / Sign up

Export Citation Format

Share Document