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Browsing Working Papers CREI (Centre de Recerca en Economia Internacional) by Subject "State dependence"

Browsing Working Papers CREI (Centre de Recerca en Economia Internacional) by Subject "State dependence"

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  • Ghassibe, Mishel (2023-12)
    I develop a tractable dynamic sticky-price model, where input-output linkages are formed endogenously. The model delivers cyclical properties of networks that are consistent with those I estimate using sectoral and firm-level ...
  • Odendahl, Florens; Rossi, Barbara, 1971-; Sekhposyan, Tatevik (2021-07-18)
    We propose a novel forecast evaluation methodology to assess models’ absolute and relative forecasting performance when it is a state-dependent function of economic variables. In our framework, the forecasting performance, ...
  • Ghassibe, Mishel; Zanetti, Francesco (2022-07)
    We develop a general theory of state-dependent fiscal multipliers in a framework featuring two empirically relevant frictions: idle capacity and unsatisfied demand. Our key novel finding is that the source of fluctuations ...

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