Search Results - "Beaudry, Paul"

Journal Article

Stock Prices, News, and Economic Fluctuations

by Beaudry, Paul Portier, Franck Published in The American economic review (01.08.2006)

“...We show that the joint behavior of stock prices and TFP favors a view of business cycles driven largely by a shock that does not affect productivity in the...”

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Journal Article

The great reversal in the demand for skill and cognitive tasks

by Beaudry, Paul Green, David A Sand, Benjamin M Published in Journal of labor economics (2016)

“...This paper argues that several of the poor labor market outcomes observed in the Great Recession can be traced back to a change in the demand pattern for...”

Journal Article

News-Driven Business Cycles: Insights and Challenges

by Paul Beaudry Franck Portier Published in Journal of economic literature (01.12.2014)

“...There is a widespread belief that changes in expectations may be an important independent driver of economic fluctuations. The news view of business cycles...”

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Journal Article

Duration dependence in US expansions: A re-examination of the evidence

by Beaudry, Paul Portier, Franck Published in Economics letters (01.10.2019)

“...It is commonly accepted that economic expansions do not exhibit duration dependence, that is, the probability of an expansion terminating in the near future is...”

Journal Article

The complex interplay between neutrophils and cancer

by Rakic, Andrea Beaudry, Paul Mahoney, Douglas J
edited by Jenne, Craig N Liao, Shan Singh, Baljit
Published in Cell and tissue research (01.03.2018)

“...Neutrophils are the most abundant type of white blood cell, and are an essential component of the innate immune system. They characteristically arrive rapidly...”

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Journal Article

Reconciling Hayek’s and Keynes’ Views of Recessions

by Beaudry, Paul Galizia, Dana Portier, Franck Published in The Review of economic studies (01.01.2018)

“...Abstract Recessions often happen after periods of rapid accumulation of houses, consumer durables and business capital. This observation has led some...”

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On the Macroeconomic Consequences of Over-Optimism

by Tim Willems Paul Beaudry Tim Willem
30.05.2018

“...Is over-optimism about a country's future growth perspective good for an economy, or does over-optimism also come with costs? In this paper we provide evidence...”

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Journal Article

Should the personal computer be considered a technological revolution?: Evidence from U.S. metropolitan areas

by Beaudry, Paul Doms, Mark Lewis, Ethan Published in The Journal of political economy (01.10.2010)

“...The introduction and diffusion of personal computers are widely viewed as a technological revolution. Using U.S. metropolitan area–level panel data, this paper...”

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Journal Article

Do male-female wage differentials reflect differences in the return to skill?: Cross-city evidence from 1980 - 2000

by Beaudry, Paul Lewis, Ethan Published in American economic journal. Applied economics (2014)

“...Male-female wage gaps declined significantly over the 1980s and 1990s, while returns to education increased. In this papen we use cross-city data to explore...”

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Journal Article

In Search of Labor Demand

by Paul Beaudry David A. Green Ben M. Sand Published in The American economic review (01.09.2018)

“...We propose and estimate a novel specification of labor demand which encompasses search frictions and the role of entrepreneurs in new firm creation. Using...”

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Journal Article

Canadian inflation targeting

by Paul Beaudry Francisco Ruge-Murcia Published in The Canadian journal of economics (01.12.2017)

“...This paper examines the intellectual environment in Canada that led to the adoption of inflation targets starting in 1991, reviews some of the Canadian...”

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Journal Article

DOES INDUSTRIAL COMPOSITION MATTER FOR WAGES? A TEST OF SEARCH AND BARGAINING THEORY

by Paul Beaudry David A. Green Benjamin Sand Published in Econometrica (01.05.2012)

“...Does switching the composition of jobs between low-paying and high-paying industries have important effects on wages in other sectors? In this paper, we build...”

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Journal Article

The declining fortunes of the young since 2000

by Beaudry, Paul Green, David A Sand, Benjamin Published in The American economic review (2014)

“...We document that successive cohorts of college and post-college degree graduates experienced an increase in the probability of obtaining cognitive jobs both at...”

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Journal Article

The Allocation of Aggregate Risk, Secondary Market Trades, and Financial Boom-Bust Cycles

by PAUL BEAUDRY AMARTYA LAHIRI Published in Journal of money, credit and banking (01.02.2014)

“...The financial crisis of 2007-08 started with the collapse of the market for collateralized debt obligations backed by subprime mortgages. In this paper we...”

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Journal Article

When can changes in expectations cause business cycle fluctuations in neo-classical settings?

by Beaudry, Paul Portier, Franck Published in Journal of economic theory (2007)

“...It is often argued that changes in expectation are an important driving force of the business cycle. However, it is well known that changes in expectations...”

Journal Article

Reexamining the cyclical behavior of the relative price of investment

by Beaudry, Paul Moura, Alban Portier, Franck Published in Economics letters (01.10.2015)

“...We document the cyclical behavior of the relative price of investment goods for the US economy over the last fifty years. There is no robust evidence that this...”

Journal Article

Understanding Noninflationary Demand-Driven Business Cycles

by Paul Beaudry Franck Portier Published in NBER macroeconomics annual (01.01.2014)

“...During the last thirty years, US business cycles have been characterized by countercyclical technology shocks and almost constant inflation. While the first...”

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Journal Article

Managerial skills acquisition and the theory of economic development

by Beaudry, Paul Francois, Patrick Published in The Review of economic studies (2010)

“...Why don't all countries converge rapidly to the use of most efficient or best practice technologies? Micro level studies suggest managerial skills play a key...”

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Journal Article

Spatial equilibrium with unemployment and wage bargaining: Theory and estimation

by Beaudry, Paul Green, David A Sand, Benjamin M Published in Journal of urban economics (01.01.2014)

“...In this paper, we present a spatial equilibrium model where search frictions hinder the immediate reallocation of workers both within and across local labor...”

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