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Browsing Recerca: working papers, informes, etc. by Author "Baley, Isaac"

Browsing Recerca: working papers, informes, etc. by Author "Baley, Isaac"

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  • Baley, Isaac; Veldkamp, Laura; Waugh, Michael (2016-03-01)
    How do information frictions affect international prices and trade? In a standard, two-country Armingtonmodel of trade, information frictions impede the coordination of exporting behavior across countries. Because the terms ...
  • Baley, Isaac; Blanco, Julio A. (2016-07-01)
    Nominal shocks have long-lasting effects on real economic activity, beyond those implied by standard models that target the average frequency of price adjustment in micro data. This paper develops a price-setting model ...
  • Baley, Isaac; Ljungqvist, Lars; Sargent, Thomas J. (2018-01-31)
    Ljungqvist and Sargent (1998, 2008) show that worse skill transition probabilities for workers who suffer involuntary layoffs (i.e., increases in turbulence) generate higher unemployment in a welfare state. den Haan, Haefke ...

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