Zobrazeno 1 - 10
of 16
pro vyhledávání: '"Christoph E. Boehm"'
Publikováno v:
AEA Papers and Proceedings. 113:93-98
We measure export participation rates in the US manufacturing sector using a new administrative dataset and compare them to participation rates constructed from the commonly used census of manufacturers (CM). At both the establishment and firm levels
Publikováno v:
American Economic Review. 113:861-905
When countries change most favored nation (MFN) tariffs, partners that trade on MFN terms experience plausibly exogenous tariff changes. Using this variation, we estimate the trade elasticity at short and long horizons with local projections. We find
Autor:
Christoph E. Boehm, T. Niklas Kroner
Publikováno v:
International Finance Discussion Paper. :1-104
We provide evidence for a causal link between the US economy and the global financial cycle. Using intraday data, we show that US macroeconomic news releases have large and significant effects on global risky asset prices. Stock price indexes of 27 c
Publikováno v:
American Economic Review. 112:3941-3969
We provide evidence that industries' supply curves are convex. To guide our empirical analysis, we develop a model in which capacity constraints at the firm level generate supply curves that are convex in logs at the industry level. The industry's ca
Autor:
Christoph E. Boehm
Publikováno v:
Journal of Monetary Economics. 115:80-93
A large and conventional class of macroeconomic models predicts that short-lived government investment shocks have a smaller fiscal multiplier than government consumption shocks. I test this prediction in a panel of OECD countries using real-time for
Publikováno v:
European Economic Review. 119:274-286
We analyze the optimal Taylor rule in the standard New Keynesian model when output and inflation are imperfectly observed. When the central bank observes inflation and the output gap with error, the optimal Taylor rule features tempered responses so
Autor:
Christoph E. Boehm, Niklas Kroner
Publikováno v:
SSRN Electronic Journal.
A large literature uses high-frequency changes in interest rates around FOMC announcements to study monetary policy. These yield changes have puzzlingly low explanatory power for the stock market - even in a narrow 30-minute window. We propose a new
We propose a novel approach to estimate the trade elasticity at various horizons. When large countries change Most Favored Nation (MFN) tariffs, small trading partners that are not in a preferential trade agreement experience plausibly exogenous tari
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::3f45b5d2466962ed2eac1f1eedf0306b
https://doi.org/10.3386/w27064
https://doi.org/10.3386/w27064
We provide evidence that industries' supply curves are convex. To guide our empirical analysis, we develop a putty-clay model in which capacity constraints at the plant level generate convex supply curves at the industry level. The model's key insigh
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::9709026384a391f278cbb9b2cee306b4
https://doi.org/10.3386/w26829
https://doi.org/10.3386/w26829
Autor:
Christoph E. Boehm, Niklas Kroner
Publikováno v:
SSRN Electronic Journal.
We provide evidence for a causal link between the US economy and the global financial cycle. Using a unique intraday dataset, we show that US macroeconomic news releases have large and significant effects on global risky asset prices. Stock price ind