Discussion Papers

2001-01
January 2001
Mikhail Klimenko, Garey Ramey, and Joel Watson
Recurrent Trade Agreements and the Value of External Enforcement

2001-02
January 2001
Allan Timmermann
Structural Breaks, Incomplete Information and Stock Prices

2001-03
January 2001
Michael Owyang and Garey Ramey
Regime Switching and Monetary Policy Measurement

2001-04
February 2001
Clive W.J. Granger and Gawon Yoon
Self-Generating Variables in a Cointegrated VAR Framework

2001-05
March 2001
Wouter J. den Haan and Steven Sumner
The Comovements between Real Activity and Prices in the G7

2001-06
March 2001
Efstathios Paparoditis and Dimitris N. Politis
Unit Root Testing via the Continuous-Path Block Bootstrap

2001-07
May 2001
Raffaella Giacomini and Clive W.J. Granger
Aggregation of Space-Time Processes

2001-08
May 2001
Ivana Komunjer
Consistent Estimation for Aggregated GARCH Processes

2001-09
June 2001
Andrew J. Patton
Modelling Time-Varying Exchange Rate Dependence Using the Conditional Copula

2001-10
July 2001
James D. Hamilton and Ana Maria Herrera
Oil Shocks and Aggregate Macroeconomic Behavior: The Role of Monetary Policy

2001-11
July 2001
George W. Evans and Garey Ramey
Adaptive Expectations, Underparameterization and the Lucas Critique

2001-12
July 2001
Mark J. Machina
Almost-Objective Uncertainty

2001-13
August 2001
Yann Schorderet
Revisiting Okun's Law: An Hysteretic Perspective

2001-14
August 2001
Wouter J. den Haan, Christian Haefke, and Garey Ramey
Shocks and Institutions in a Job Matching Model

2001-15
September 2001
Robert F. Engle and Kevin Sheppard
Theoretical and Empirical Properties of Dynamic Conditional Correlation Multivariate GARCH

2001-16
September 2001
Vincent P. Crawford
Lying for Strategic Advantage: Rational and Boundedly Rational Misrepresentation of Intentions

2001-17
November 2001
Andrew J. Patton
Estimation of Copula Models for Time Series of Possibly Different Lengths

2001-18
November 2001
James E. Rauch and Alessandra Casella
Overcoming Informational Barriers to International Resource Allocation: Prices and Ties

2001-19
December 2001
Ulrich K. Müller and Graham Elliott
Tests for Unit Roots and the Initial Observation

2001-20
December 2001
James E. Rauch and Joel Watson
Entrepreneurship in International Trade

2001-21
December 2001
Alan Schwartz and Joel Watson
The Law and Economics of Costly Contracting

Revised Papers 2001

2000-25R
October 2001
Ross M. Starr
Why Is There Money? Endogenous Derivation of 'Money' as the Most Liquid Asset: A Class of Examples