Research

PUBLICATIONS

  1. “Let’s Take a Break: Trends and Cycles in US Real GDP” with Pierre Perron, 2009, Journal of Monetary Economics 56 (6) 749-765.
  2. “Immigration of Nurses” with David E. Kalist and Stephen J. Spurr, 2010, Industrial Relations 49 (2) 406-428.
  3. “Oil Price Shocks and Industrial Production: Is the Relationship Linear?” with Ana Maria Herrera and Latika Gupta Lagalo, 2011, Macroeconomic Dynamics, 15-S3, 472-497.
  4. “The Real Exchange Rate and Real Interest Differentials: The Role of the Trend-Cycle Decomposition,” 2012, Economic Inquiry, 50 (4) 968-987.
  5. “On the Correlations of Trend-Cycle Errors,” 2012, Economics Letters, 116 (3) 396-400.
  6. “The Role of Transitory and Persistent Shocks in the Consumption Correlation and International Comovement Puzzles,” 2014, Macroeconomic Dynamics, 18 (6) 1234- 1270.
  7. “International Stock Market Efficiency: A Non-Bayesian Time-Varying Model Approach,” with Mikio Ito and Akihiko Noda, 2014, Applied Economics, 46 (23) 2744-2754.
  8. “Asymmetries in the Response of Economic Activity to Oil Price Increases and Decreases?” with Ana Maria Herrera and Latika Gupta Lagalo, 2015, Journal of International Money and Finance, 50, 108-133.
  9. “The Evolution of Market Efficiency in the U.S.: A Non-Bayesian Time-Varying
    Model Approach,” with Mikio Ito and Akihiko Noda, Applied Economics, forthcoming.
  10. “Measuring Business Cycles with Structural Breaks and Outliers: Applications to International Data” with Pierre Perron, Research in Economics, forthcoming.

Working Papers

  1. “The Impact of Technology Shocks on Hours Worked: Evidence from a Multivariate Trend-Cycle Decomposition allowing Changing Trend” with Pierre Perron