Browsing Recerca: working papers, informes, etc. by Author "Reiter, Michael"

Welcome to the UPF Digital Repository

Browsing Recerca: working papers, informes, etc. by Author "Reiter, Michael"

Sort by: Order: Results:

  • Reiter, Michael; Woitek, Ulrich (1999)
    The aim of this paper is to test formally the classical business cycle hypothesis, using data from industrialized countries for the time period since 1960. The hypothesis is characterized by the view that the cyclical ...
  • Reiter, Michael (1999)
    The paper defines concepts of real wealth and saving which take into account the intertemporal index number problem that results from changing interest rates. Unlike conventional measures of real wealth, which are based ...
  • Costain, James S.; Reiter, Michael (2003)
    This paper theoretically and empirically documents a puzzle that arises when an RBC economy with a job matching function is used to model unemployment. The standard model can generate sufficiently large cyclical fluctuations ...
  • Haliassos, Michael; Reiter, Michael (2005)
    Most US credit card holders revolve high-interest debt, often combined with substantial (i) asset accumulation by retirement, and (ii) low-rate liquid assets. Hyperbolic discounting can resolve only the former puzzle ...
  • Reiter, Michael (2006)
    The paper shows that a matching model where technological change is partially embodied in the job match is successful in explaining the variability of unemployment and vacancies. If we incorporate long-term wage contracts ...
  • Haefke, Christian; Reiter, Michael (2006)
    Existing models of equilibrium unemployment with endogenous labor market participation are complex, generate procyclical unemployment rates and cannot match unemployment variability relative to GDP. We embed endogenous ...
  • Reiter, Michael (2006)
    The paper proposes a numerical solution method for general equilibrium models with a continuum of heterogeneous agents, which combines elements of projection and of perturbation methods. The basic idea is to solve first ...
  • Reiter, Michael (1997)
    The paper develops a method to solve higher-dimensional stochastic control problems in continuous time. A finite difference type approximation scheme is used on a coarse grid of low discrepancy points, while the value ...
  • Costain, James S.; Reiter, Michael (2004)
    We construct and calibrate a general equilibrium business cycle model with unemployment and precautionary saving. We compute the cost of business cycles and locate the optimum in a set of simple cyclical fiscal policies. ...

Search


Advanced Search

Browse

My Account