Zobrazeno 1 - 10
of 47
pro vyhledávání: '"Francois Gourio"'
Autor:
Francois Gourio
Publikováno v:
Journal of Monetary Economics.
Autor:
Charles Fries, Francois Gourio
How costly will rising temperature due to climate change be for the U.S. economy? Recent research has used the well-identified response of output to weather to estimate this cost. But agents may adapt to the new climate. We propose a methodology to i
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::9b3b57f5476d0800d2632e22558c28cb
https://doi.org/10.21033/wp-2020-08
https://doi.org/10.21033/wp-2020-08
Autor:
Phuong Ngo, Francois Gourio
Publikováno v:
SSRN Electronic Journal.
Historically, inflation is negatively correlated with stock returns, leading investors to fear inflation. We document using a variety of measures that this association became positive in the U.S. during the 2008-2015 period. We then show how an off-t
Autor:
Francois Gourio, Charles Fries
Publikováno v:
SSRN Electronic Journal.
Autor:
Phuong Ngo, Francois Gourio
Historically, inflation is negatively correlated with stock returns, leading investors to fear inflation. We document using a variety of measures that this association became positive in the U.S. during the 2008-2015 period. We then show how an off-t
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::79d851ffc30c2fc9733bb601dc365298
https://doi.org/10.21033/wp-2020-01
https://doi.org/10.21033/wp-2020-01
Publikováno v:
IMF Economic Review. 66:70-115
Credit booms sometimes lead to financial crises and subsequent severe and persistent economic slumps. So should monetary policy “lean against the wind” and counteract excess credit growth, or should it focus only on inflation and output stability
Autor:
Francois Gourio, Emmanuel Farhi
Publikováno v:
Chicago Fed Letter.
Real interest rates on U.S. government bonds have declined persistently since the 1980s. U.S. government bonds are backed by the full faith and credit of the federal government and, hence, are considered one of the safest assets because the risk of d
Publikováno v:
American Economic Review. 106:214-218
Using an annual panel of US states over the period 1982-2014, we estimate the response of macroeconomic variables to a shock to the number of new firms (startups). We find that these shocks have significant effects that persist for many years on real
Autor:
Francois Gourio, Menelik Geremew
Publikováno v:
Economic Perspectives.
The authors document several facts about the seasonality of U.S. employment, including its marked decline since the 1960s. In addition, they find there is little evidence that industries or states that are more seasonal are also more sensitive to the