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[BOOK] Methods of macroeconomic dynamics

SJ Turnovsky - 2000 - books.google.com
Page 1. Page 2. Page 3. Page 4. METHODS OF MACROECONOMIC DYNAMICS SECOND
EDITION STEPHEN J. TURNOVSKY lust as macroeconomic models describe the overall economy
within a changing, or dynamic, framework, the models themselves change over time. ...
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[CITATION] Mathematical theories of economic growth

E Burmeister, AR Dobell, SJ Turnovsky… - 1970 - getcited.org
An academic directory and search engine.
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[BOOK] Macroeconomic analysis and stabilization policies

SJ Turnovsky - 1977 - books.google.com
Page 1. tephen J.Turnovsky Macroeconomic analysis and stabilization policy Page
2. Page 3. MACROECONOMIC ANALYSIS AND STABILIZATION POLICY Page 4. Page
5. Macroeconomic analysis and stabilization policy STEPHEN ...
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[BOOK] International macroeconomic dynamics

SJ Turnovsky - 1997 - books.google.com
Page 1. Turnovsky Page 2. Page 3. Page 4. International Macroeconomic Dynamics Stephen
J. Turnovsky [For a long time, the study of macroeconomics •\as focused almost exclusively on
a closed Jconomy and downplayed the role of interna- jnal transactions. ...
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[PDF] Fiscal policy, elastic labor supply, and endogenous growth

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SJ Turnovsky - Journal of Monetary Economics, 2000 - econ.washington.edu
Page 1. FISCAL POLICY, ELASTIC LABOR SUPPLY, AND ENDOGENOUS GROWTH* Stephen
J. Turnovsky University of Washington, Seattle WA 98195 Endogenizing labor supply leads to
fundamental changes in the equilibrium structure of the AK growth model. ...
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Empirical evidence on the formation of price expectations

SJ Turnovsky - Journal of the American Statistical Association, 1970 - JSTOR
Page 1. ? Journal of the Americon Statistical Association December 1970, Volume
65, Number 332 Applications Section Empirical Evidence on the Formation of Price
Expectations STEPHEN J. TURNOVSKY* This article investigates ...
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Optimal tax, debt, and expenditure policies in a growing economy

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SJ Turnovsky - Journal of Public Economics, 1996 - Elsevier
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Public investment, congestion, and private capital accumulation

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WH Fisher… - The Economic Journal, 1998 - Wiley Online Library
Page 1. PUBLIC INVESTMENT, CONGESTION, AND PRIVATE CAPITAL
ACCUMULATION√ Walter H. Fisher and Stephen J. Turnovsky This paper analyses
the impact of public investment on the dynamics of private capital ...
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The composition of government expenditure and its consequences for macroeconomic performance*

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SJ Turnovsky… - Journal of Economic Dynamics and Control, 1995 - Elsevier
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Safety-first and expected utility maximization in mean-standard deviation portfolio analysis

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DH Pyle… - The Review of Economics and Statistics, 1970 - JSTOR
Page 1. SAFETY-FIRST AND EXPECTED UTILITY MAXIMIZATION IN MEAN-
STANDARD DEVIATION PORTFOLIO ANALYSIS David H. Pyle and Stephen J.
Turnovsky * I Introduction DATING back to the original work by Markowitz ...
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The analysis of macroeconomic policies in perfect foresight equilibrium

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WA Brock… - International Economic Review, 1981 - JSTOR
Page 1. INTERNATIONAL ECONOMIC REVIEW Vol. 22, No. 1, February, 1981 THE
ANALYSIS OF MACROECONOMIC POLICIES IN PERFECT FORESIGHT EQUILIBRIUM*
BY WILLIAM A. BROCK AND STEPHEN J. TURNOVSKY1 ...
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Consumer's surplus, price instability, and consumer welfare

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SJ Turnovsky, H Shalit… - Econometrica: Journal of the …, 1980 - JSTOR
Page 1. Econometrica, Vol. 48, No. 1 (January, 1980) CONSUMER'S SURPLUS,
PRICE INSTABILITY, AND CONSUMER WELFARE BY STEPHEN J. TURNOVSKY,
HAIM SHALIT, AND ANDREW SCHMITZ This paper evaluates ...
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Non‐scale Models of Economic Growth

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TS Eicher… - The Economic Journal, 1999 - Wiley Online Library
Page 1. NON-SCALE MODELS OF ECONOMIC GROWTH√ Theo S. Eicher and Stephen
J. Turnovsky Growth models that incorporate non-rivalry and/or externalities imply that
the size of an economy may inØuence its long-run growth rate. ...
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Deterioration of the terms of trade and capital accumulation: a re-examination of the Laursen-Metzler effect

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P Sen… - Journal of International Economics, 1989 - Elsevier
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[CITATION] The distribution of welfare gains from price stabilization: A survey of some theoretical issues

SJ Turnovsky - Stabilizing world commodity …, 1978 - Lexington, MA: Lexington Books
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A test of the" expectations hypothesis" using directly observed wage and price expectations

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SJ Turnovsky… - The Review of Economics and Statistics, 1972 - JSTOR
Page 1. A TEST OF THE "EXPECTATIONS HYPOTHESIS" USING DIRECTLY
OBSERVED WAGE AND PRICE EXPECTATIONS Stephen J. Turnovsky and Michael
L. Wachter * I Introduction I ECENT research directed at. improving ...
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The determination of spot and futures prices with storable commodities

SJ Turnovsky - Econometrica: Journal of the Econometric Society, 1983 - JSTOR
Page 1. Econometrica, Vol. 51, No. 5 (September, 1983) THE DETERMINATION
OF SPOT AND FUTURES PRICES WITH STORABLE COMMODITIES BY STEPHEN
J. TURNOVSKYI This paper analyzes the effects of futures ...
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Habit formation, catching up with the Joneses, and economic growth

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F Alvarez-Cuadrado, G Monteiro… - Journal of Economic …, 2004 - Springer
Page 1. Journal of Economic Growth, 9, 47±80, 2004 © 2004 Kluwer Academic Publishers.
Manufactured in The Netherlands. Habit Formation, Catching Up with the Joneses, and
Economic Growth* FRANCISCO ALVAREZ-CUADRADO ...
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Unilateral capital transfers, public investment, and economic growth

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S Chatterjee, G Sakoulis… - European Economic Review, 2003 - Elsevier
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Optimal exchange market intervention in a simple stochastic macro model

DE Roper… - Canadian Journal of Economics, 1980 - JSTOR
Page 1. Optimal exchange market intervention in a simple stochastic macro model
DON E. ROPER/ University of Utah STEPHEN J. TURNOVS KY/ Australian National
University Abstract. Increased exchange rate flexibility means ...
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Time consistency and optimal government policies in perfect foresight equilibrium

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SJ Turnovsky… - Journal of Public Economics, 1980 - Elsevier
This paper develops a framework for determining optimal monetary and fiscal policies in
perfect foresight equilibrium. Such equilibria have the property that al.
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Price expectations and the welfare gains from price stabilization

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SJ Turnovsky - American Journal of Agricultural …, 1974 - ajae.oxfordjournals.org
Page 1. Price Expectations and the Welfare Gains from Price Stabilization STEPHEN J.
TURNOVSKY The gains from price stabilization are analyzed in the case where supply decisions
are made before the actual market price is known and so are based on price expectations. ...
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Fiscal policy in a growing economy with public capital

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SJ Turnovsky - Macroeconomic Dynamics, 1997 - Cambridge Univ Press
Page 1. Macroeconomic Dynamics, 1, 1997, 615–639. Printed in the United States
of America. FISCAL POLICY IN A GROWING ECONOMY WITH PUBLIC CAPITAL
STEPHEN J. TURNOVSKY University of Washington Public ...
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The stability of exchange rate dynamics under perfect myopic foresight

MR Gray… - International Economic Review, 1979 - JSTOR
Page 1. INTERNATIONAL ECONOMIC REVIEW Vol. 20, No. 3, October, 1979 THE
STABILITY OF EXCHANGE RATE DYNAMICS UNDER PERFECT MYOPIC FORESIGHT*
BY MALCOLM R. GRAY AND STEPHEN J. TURNOVSKY' ...
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Consumption externalities, production externalities, and long-run macroeconomic efficiency

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WF Liu… - Journal of Public Economics, 2005 - Elsevier
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Scale, congestion and growth

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T Eicher… - Economica, 2000 - Wiley Online Library
Page 1. Economica (2000) 67, 325–346 Scale, Congestion and Growth By THEO
EICHER and STEPHEN J. TURNOVSKY University of Washington Final version
received 11 May 1999. This paper explores the relationship between ...
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The distribution of welfare gains from price stabilization: The case of multiplicative disturbances

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SJ Turnovsky - International Economic Review, 1976 - JSTOR
Page 1. INTERNATIONAL ECONOMIC REVIEW Vol. 17, No. 1, February. 1976 THE
DISTRIBUTION OF WELFARE GAINS FROM PRICE STABILIZATION: THE CASE OF
MULTIPLICATIVE DISTURBANCES* BY STEPHEN J. TURNOVSKY' INTRODUCTION ...
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Convergence in a two-sector nonscale growth model

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TS Eicher… - Journal of Economic Growth, 1999 - Springer
Page 1. Journal of Economic Growth, 4: 413–428 (December 1999) c 1999 Kluwer Academic
Publishers, Boston. Convergence in a Two-Sector Nonscale Growth Model THEO S. EICHER
Department of Economics, University of Washington, Seattle, WA 98195 ...
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On the role of expectations of price and technological change in an investment function

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AK Ando, F Modigliani, R Rasche… - International Economic …, 1974 - JSTOR
Page 1. INTERNATIONAL ECONOMIC REVIEW Vol 15, No. 2, June, 1974 ON THE
ROLE OF EXPECTATIONS OF PRICE AND TECHNOLOGICAL CHANGE IN AN
INVESTMENT FUNCTION BY ALBERT K. ANDO, FRANCO ...
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Tariffs, capital accumulation, and the current account in a small open economy

P Sen… - 1990 - nber.org
This paper analyze these effects of a tariff in an intertemporal optimizing model,
emphasizing the role of capital accumulation. Three types of increases in the tariff rate are
considered:(i) unanticipated permanent;(ii) unanticipated temporary;(iii) anticipated ...
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The transitional dynamics of fiscal policy: long-run capital accumulation and growth

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SJ Turnovsky - Journal of Money, Credit and Banking, 2004 - JSTOR
Page 1. STEPHEN J. TURNOVSKY The Transitional Dynamics of Fiscal Policy:
Long-Run Capital Accumulation and Growth This paper analyzes the effects of fiscal
policies in a non-scale growing economy with public and private capital. ...
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Fiscal policy, growth, and macroeconomic performance in a small open economy

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SJ Turnovsky - Journal of International Economics, 1996 - Elsevier
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Volatility and growth in developing economies: some numerical results and empirical evidence

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SJ Turnovsky… - Journal of International Economics, 2003 - Elsevier
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Macroeconomic policies, growth, and welfare in a stochastic economy

SJ Turnovsky - International Economic Review, 1993 - JSTOR
Page 1. INTERNATIONAL ECONOMIC REVIEW Vol. 34, No. 4, November 1993
MACROECONOMIC POLICIES, GROWTH, AND WELFARE IN A STOCHASTIC
ECONOMY* BY STEPHEN J. TURNOVSKY1 An integrated stochastic ...
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The gains from fiscal cooperation in the two-commodity real trade model

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SJ Turnovsky - Journal of international economics, 1988 - Elsevier
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Domestic and foreign disturbances in an optimizing model of exchange-rate determination

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SJ Turnovsky - Journal of International Money and Finance, 1985 - Elsevier
This paper analyzes the effects of various disturbances of domestic and foreign origin in a
small open economy under imperfect capital mobility in which the beh.
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Technological and price uncertainty in a Ricardian model of international trade

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SJ Turnovsky - The Review of Economic Studies, 1974 - JSTOR
Page 1. Technological and Price Uncertainty in a Ricardian Model of International
Trade12 STEPHEN J. TURNOVSKY Australian National University 1. INTRODUCTION
Despite the fact that international trade is one of the riskiest ...
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Growth, external debt, and sovereign risk in a small open economy

JS Bhandari, NU Haque… - Staff Papers-International …, 1990 - JSTOR
Page 1. IMF Staff Papers Vol. 37, No. 2 (June 1990) © 1990 International Monetary Fund
Growth, External Debt, and Sovereign Risk in a Small Open Economy JAGDEEP S.
BHANDARI, NADEEM UL HAQUE, and STEPHEN J. TURNOVSKY* ...
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Fiscal policy, adjustment costs, and endogenous growth

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SJ Turnovsky - Oxford Economic Papers, 1996 - Oxford Univ Press
Page 1. Oxford Economic Papers 48 (1996), 361-381 FISCAL POLICY, ADJUSTMENT
COSTS, AND ENDOGENOUS GROWTH By STEPHEN J. TURNOVSKY Department
of Economics, University of Washington, Seattle, WA 98195, USA ...
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[PDF] On the role of government in a stochastically growing open economy

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SJ Turnovsky - Journal of Economic Dynamics and Control, 2004 - econ.washington.edu
Page 1. ON THE ROLE OF GOVERNMENT IN A STOCHASTICALLY GROWING OPEN
ECONOMY* Stephen J. Turnovsky University of Washington, Seattle, WA 98195 Revised
version March 1998 *I wish to thank Michael Devereux ...
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Investment tax credit in an open economy

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P Sen… - Journal of Public Economics, 1990 - Elsevier
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The expectations hypothesis and the aggregate wage equation: some empirical evidence for Canada

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SJ Turnovsky - Economica, 1972 - JSTOR
Page 1. 1972] The Expectations Hypothesis and the Aggregate Wage Equation:
Some Empirical Evidence for Canada' By STEPHEN J. TURNOVSKY I.
INTRODUCTION Dating back to the original pioneering work of Phillips ...
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Transitional dynamics in a two-sector non-scale growth model

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TS Eicher… - Journal of Economic Dynamics and Control, 2001 - Elsevier
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THE CHOICE OF MONETARY INSTRUMENT UNDER ALTERNATIVE FORMS OF PRICE EXPECTATIONS*

SJ Turnovsky - The Manchester School, 1980 - Wiley Online Library
Page 1. THE CHOICE OF MONETARY INSTRUMENT UNDER ALTERNATIVE
FORMS OF PRICE EXPECTATIONS* by STEPHEN J. TURNOVSKYt Aicstralian
National Utiiversity I INTRODUCTION The question of the choice ...
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Budget Balance, Welfare, and the Growth Rate:" Dynamic Scoring" of the Long-run Government Budget

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N Bruce… - Journal of Money, Credit, and Banking, 1999 - JSTOR
Page 1. NEIL BRUCE STEPHEN J. TURNOVSKY Budget Balance, Weif are, and
the Growth Rate: "Dynamic Scoring" of the Long-run Government Budget This paper
determines conditions under which a reduction in the role ...
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The relative stability of alternative exchange rate systems in the presence of random disturbances

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SJ Turnovsky - Journal of Money, Credit and Banking, 1976 - JSTOR
Page 1. STEPHEN J. TURNOVSKY* The Relative Stability of Alternative Exchange
Rate Systems in the Presence Of Random Disturbances I. INTRODUCTION The
relative advantages of fixed and flexible exchange rates have ...
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Capital deepening response in an economy with heterogeneous capital goods

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E Burmeister… - The American Economic Review, 1972 - JSTOR
Page 1. Capital Deepening Response in an Economy with Heterogeneous Capital
Goods By EDWIN BURMEISTER AND STEPHEN J. IURNOVSKY* Capital deepening
is an important con- cept in traditional capital theory. In ...
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Production flexibility, price uncertainty and the behavior of the competitive firm

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SJ Turnovsky - International Economic Review, 1973 - JSTOR
Page 1. INTERNATIONAL ECONOMIC REVIEW Vol. 14, No. 2, June, 1973
PRODUCTION FLEXIBILITY, PRICE UNCERTAINTY AND THE BEHAVIOR OF THE
COMPETITIVE FIRM* BY STEPHEN J. TURNOVSKY' 1. INTRODUCTION ...
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Fiscal policy, capital accumulation, and debt in an open economy

SJ Turnovsky… - 1991 - nber.org
Page 1. NBER TORKING PAPERS SERIES FISCAL POLICY, CAPITAL
ACCUMULATION, AND DEBT IN AN OPEN ECONOMY Stephen J. Turnovsky Partha
Sen Working Paper No. 3489 NATIONAL BUREAU OF ECONOMIC ...
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Optimal stabilization policies for deterministic and stochastic linear economic systems

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SJ Turnovsky - The Review of Economic Studies, 1973 - JSTOR
Page 1. Optimal Stabilization Policies for Deterministic and Stochastic Linear
Economic Systems"2 STEPHEN J. TURNOVSKY Australian National University I.
INTRODUCTION The analysis of different stabilization policies has ...
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The dependent economy model with both traded and non-traded capital goods

PL Brock… - 1993 - nber.org
Page 1. NB ER WORKING PAPER SERIES THE DEPENDENT ECONOMY MODEL
WITH BOTH TRADED AND NONTRADED CAPITAL GOODS Philip L. Brock Stephen
J. Turnovsky Working Paper No. 4500 NATIONAL BUREAU ...
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The demand for water: Some empirical evidence on consumers' Response to a commodity uncertain in supply

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SJ Turnovsky - Water Resources Research, 1969 - agu.org
WR_description.
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Productive government expenditure in a stochastically growing economy

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SJ Turnovsky - Macroeconomic Dynamics, 1999 - Cambridge Univ Press
Page 1. Macroeconomic Dynamics, 3, 1999, 544–570. Printed in the United States of America.
PRODUCTIVE GOVERNMENT EXPENDITURE IN A STOCHASTICALLY GROWING ECONOMY
STEPHEN J. TURNOVSKY University of Washington, Seattle ...
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Monetary and fiscal policy under perfect foresight: a symmetric two country analysis

S Turnovsky - 1986 - nber.org
This paper analyzes the effects of anticipated and unanticipated domestic monetary and
fiscal expansions on both the domestic and foreign economies. The analysis is based on
symmetric behavior, which is not only not an unreasonable first approximation, but also ...
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An analysis of imported inflation in a short-run macroeconomic model

SJ Turnovsky… - Canadian Journal of Economics, 1974 - JSTOR
Page 1. An analysis of imported inflation in a short-run macroeconomic model
SJTURNOVSKY, ANDRE KASPURA/ Australian National University An analysis of
imported inflation in a short-run macroeconomic model. We identify ...
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Wage indexation and exchange market intervention in a small open economy

S Turnovsky - 1984 - nber.org
The analysis of this paper stresses the interdependence between wage indexation on the
one hand, and exchange market intervention on the other, as tools of'macroeconomic
stabilization policy in a small open economy subject to stochastic disturbances. It is shown ...
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A determination of the optimal currency basket:: A macroeconomic analysis

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SJ Turnovsky - Journal of International Economics, 1982 - Elsevier
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Growth and income inequality: a canonical model

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C García-Peñalosa… - Economic Theory, 2006 - Springer
Page 1. DOI: 10.1007/s00199-005-0616-7 Economic Theory 28, 25–49 (2006) Growth
and income inequality: a canonical model * Cecilia Garcıa-Pe ˜nalosa 1 and Stephen
J. Turnovsky 2 1 GREQAM and CNRS, Marseille 13236 ...
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Futures markets, private storage, and price stabilization

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SJ Turnovsky - Journal of Public Economics, 1979 - Elsevier
This paper considers several issues pertaining to the role of an efficient futures market
for price stabilization. The main aspect which is emphasized is the pr.
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Dynamic strategic monetary policies and coordination in interdependent economies

S Turnovsky, T Basar… - 1988 - nber.org
This paper develops strategic monetary policies using a standard two-country macro model
under flexible exchange rates. The equilibria considered include feedback Nash and
feedback Stackelberg, both of which are compared to the Pareto optimal cooperative ...
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Renewable resources in an endogenously growing economy: balanced growth and transitional dynamics

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L Elı́asson… - Journal of Environmental Economics and …, 2004 - Elsevier
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The term structure of interest rates and the effects of macroeconomic policy

S Turnovsky - 1989 - nber.org
This paper analyzes the effects of monetary and fiscal policy shocks on the term structure of
interest rates. The effects of temporary versus permanent, unanticipated versus anticipated,
policy disturbances and the responses of long versus short, and real versus nominal, rates ...
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Foreign aid and economic growth: The role of flexible labor supply

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S Chatterjee… - Journal of Development economics, 2007 - Elsevier
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Exchange rate determination and asset prices in a stochastic small open economy

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EL Grinols… - Journal of International Economics, 1994 - Elsevier
This paper constructs a stochastic general equilibrium model of a small open economy
consisting of risk-averse optimizing agents. The stochastic processes descr.
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Risk, the financial market, and macroeconomic equilibrium

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EL Grinols… - Journal of Economic Dynamics and Control, 1993 - Elsevier
Growing recognition of the importance of stock market phenomena to the real economy
underscores the need for models linking exogenous uncertainty, asset market.
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The dynamics of fiscal policy in an open economy

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SJ Turnovsky - Journal of International Economics, 1976 - Elsevier
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[CITATION] Exchange market intervention policies in a small open economy

SJ Turnovsky - … interdependence and flexible exchange rates. MIT …, 1983
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[CITATION] A Bayesian approach to the theory of expectations

SJ Turnovsky - Journal of Economic Theory, 1969 - ideas.repec.org
Downloadable (with restrictions)! No abstract is available for this item.
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Sectoral adjustment costs and real exchange rate dynamics in a two-sector dependent economy

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AKM Mahbub Morshed… - Journal of International Economics, 2004 - Elsevier
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Monetary policy and foreign price disturbances under flexible exchange rates: a stochastic approach

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SJ Turnovsky - Journal of Money, Credit and Banking, 1981 - JSTOR
Page 1. STEPHEN J. TURNOVSKY* Monetary Policy and Foreign Price Disturbances
Under Flexible Exchange Rates A Stochastic Approach 1. INTRODUCTION THE
ANALYSIS OF MONETARY POLICY under flexible ex- change ...
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Reserve requirements on sovereign debt in the presence of moral hazard–on debtors or creditors?

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J Aizenman… - The Economic Journal, 2002 - Wiley Online Library
Skip to Main Content. Wiley Online Library will be disrupted 3
Dec from 10-12 GMT for monthly maintenance. ...
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[CITATION] Public and private capital in an endogenously growing open economy

SJ Turnovsky - Dynamics, Economic Growth, and International Trade, …, 1997
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The stabilizing and welfare properties of futures markets: A simulation approach

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SJ Turnovsky… - International Economic Review, 1985 - JSTOR
Page 1. INTERNATIONAL ECONOMIC June, 1985 RVIEWV Vol. 26, No. 2 THE STABILIZING
AND WELFARE PROPERTIES OF FUTURES MARKETS: A SIMULATION APPROACH* BY
STEPHEN J. TURNOVSKY AND ROBERT B. CAMPBELL1 1. INTRODUCTION ...
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Imported materials prices, wage policy, and macroeconomic stabilization

RC Marston… - 1985 - nber.org
This paper analyzes two simple wage rules that keep employment constant when there are
shocks to the prices of imported materials. One rule ties nominal wages to the GNP deflator
rather than the consumer price index. The second rule, followed by Japan after the second ...
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The effects of government expenditure on the term structure of interest rates

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SJ Turnovsky… - Journal of Money, Credit and Banking, 1984 - JSTOR
Page 1. STEPHEN J. TURNOVSKY MARCUS H. MILLER* The Effects of Government
Expenditure on the Term Structure of Interest Rates 1. INTRODUCTION MOST FORMAL
MACROECONOMIC MODELS treat all assets as being of common maturity. ...
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Intertemporal and intratemporal substitution, and the speed of convergence in the neoclassical growth model

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SJ Turnovsky - Journal of Economic Dynamics and Control, 2002 - Elsevier
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Capital income taxation and risk-taking in a small open economy

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PK Asea… - Journal of Public Economics, 1998 - Elsevier
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The Dynamics of Government Policy in an Inflationary Economy: An" Intermediate-Run" Analysis

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DH Pyle… - Journal of Money, Credit and Banking, 1976 - JSTOR
Page 1. DAVID H. PYLE and STEPHEN J. TURNOVSKY* The Dynamics of
Government Policy in An Inflationary Economy An "Intermediate-Run" Analysis 1.
INTRODUCTION Recent developments in macroeconomic theory ...
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Investment in a two-sector dependent economy

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SJ Turnovsky… - Journal of the Japanese and international …, 1995 - Elsevier
Page 1. JOURNAL OF THE JAPANESE AND INTERNATIONAL ECONOMIES 9,
29-55 (1995) Investment in a Two-Sector Dependent Economy* Stephen J. Turnovsky
Department of Economics, University of Washington, Seattle ...
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International trading relationships for a small country: The case of New Zealand

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SJ Turnovsky - The Canadian Journal of Economics/Revue …, 1968 - JSTOR
Page 1. INTERNATIONAL TRADING RELATIONSHIPS FOR A SMALL COUNTRY: THE CASE
OF NEW ZEALAND* STEPHEN J. TURNOVSKY University of Pennsylvania Les relations
commerciales d'un petit pays: le cas de la Nouvelle-Z4lande. Le. ...
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Excludable and Non‐excludable Public Inputs: Consequences for Economic Growth

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I Ott… - Economica, 2006 - Wiley Online Library
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Optimal choice of monetary instrument in a linear economic model with stochastic coefficients

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SJ Turnovsky - Journal of Money, Credit and Banking, 1975 - JSTOR
Page 1. - STEPHEN J. TURNOVSKY* Optimal Choice of Monetary Instrument In a
Linear Economic Model with Stochastic Coeffilcients I. INTRODUCTION A good deal
of attention has recently been devoted by monetary economists ...
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Consumption externalities, production externalities, and efficient capital accumulation under time non-separable preferences

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SJ Turnovsky… - European Economic Review, 2007 - Elsevier
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Perfect foresight, expectational consistency, and macroeconomic equilibrium

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SJ Turnovsky… - The Journal of Political Economy, 1977 - JSTOR
Page 1. Perfect Foresight, Expectational Consistency, and Macroeconomic Equilibrium
Stephen J. Turnovsky Australian National University Edwin Burmeister University of
Virginia This paper begins by introducing three alternative ...
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Second-best optimal taxation of capital and labor in a developing economy

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C García Peñalosa… - Journal of Public Economics, 2005 - Elsevier
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Fiscal policy and growth in a small open economy with elastic labour supply

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SJ Turnovsky - Canadian Journal of Economics, 1999 - JSTOR
Page 1. Fiscal policy and growth in a small open economy with elastic labour supply
STEPHEN J. TURNOVSKY University of Washington Abstract. Endogenizing labour
supply leads to fundamental changes in the equilibrium ...
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The incidence of taxes:: A dynamic macroeconomic analysis

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SJ Turnovsky - Journal of Public Economics, 1982 - Elsevier
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The specification of adaptive expectations in continuous time dynamic economic models

E Burmeister… - Econometrica: Journal of the Econometric …, 1976 - JSTOR
Page 1. Econometrica, Vol. 44, No. 5 (September, 1976) THE SPECIFICATION OF
ADAPTIVE EXPECTATIONS IN CONTINUOUS TIME DYNAMIC ECONOMIC MODELS
BY EDWIN BURMEISTER' AND STEPHEN J. TURNOVSKY ...
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On the formulation of continuous time macroeconomic models with asset accumulation

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SJ Turnovsky - International Economic Review, 1977 - JSTOR
Page 1. INTERNATIONAL ECONOMIC REVIE W ~~~~~February, 1977 REVIEWV Vol.
18, NO. I ON THE FORMULATION OF CONTINUOUS TIME MACROECONOMIC MODELS
WITH ASSET ACCUMULATION* By STEPHEN J. TURNOVSKY1 ...
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Adjustment costs and investment in a stochastic endogenous growth model

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A Benavie, E Grinols… - Journal of Monetary Economics, 1996 - Elsevier
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Monetarism and the aggregate economy: Some longer-run evidence

SJ Turnovsky… - The Review of Economics and Statistics, 1984 - JSTOR
Page 1. MONETARISM AND THE AGGREGATE ECONOMY: SOME LONGER-RUN EVIDENCE
Stephen J. Turnovsky and Mark E. Wohar* Abstract-A simple macro model is used to
investigate various monetarist propositions over the period 1923-82. ...
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Covered Interest Parity, Uncovered Interest Parity, and Exchange Rate Dynamics

J Eaton… - 1984 - nber.org
A number of macroeconomic models of open economies under flexible exchange rate
assume a strong version of perfect capital mobility which implies that currency speculation
commands no risk premium. If this assumption is dropped a number of important results ...
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The stability properties of optimal economic policies

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SJ Turnovsky - The American Economic Review, 1974 - JSTOR
Page 1. the Stability Properties of Optimal Economic Policies By STEPHEN J.
TURNOVSKY* Recent writings on optimal stabilization policy have drawn attention
to the prob- lem of "instrument instability."' This term describes ...
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Government policy in a stochastic growth model with elastic labor supply

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SJ Turnovsky - Journal of Public Economic Theory, 2000 - Wiley Online Library
Page 1. GOVERNMENT POLICY IN A STOCHASTIC GROWTH MODEL WITH ELASTIC
LABOR SUPPLY* STEPHEN J. TURNOVSKY University of Washington Abstract
Endogenous labor supply is introduced into a stochastic growth model. ...
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Financing Public Investment through Foreign Aid: Consequences for Economic Growth and Welfare*

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S Chatterjee… - Review of International …, 2005 - Wiley Online Library
Page 1. Financing Public Investment through Foreign Aid: Consequences for Economic
Growth and Welfare Santanu Chatterjee and Stephen J. Turnovsky* Abstract The
paper develops a theoretical framework for understanding ...
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Risk, optimal government finance and monetary policies in a growing economy

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EL Grinols… - Economica, 1998 - Wiley Online Library
Page 1. Economica (1998) 65, 401–27 Risk, Optimal Government Finance and Monetary Policies
in a Growing Economy By EARL L. GRINOLS and STEPHEN J. TURNOVSKY University of Illinois,
University of Washington Final version received 7 April 1997. ...
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On the choice of numeraire and certainty price in general equilibrium models of price uncertainty

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JS Flemming, SJ Turnovsky… - The Review of Economic Studies, 1977 - JSTOR
Page 1. On the Choice of Numeraire and Certainty Price in General Equilibrium Models of Price
Uncertainty JOHN S. FLEMMING Nuffleld College, Oxford STEPHEN J. TURNOYSKY Australian
National University and MURRAY C. KEMP University of New South Wales ...
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On the role of inflationary expectations in a short-run macro-economic model

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SJ Turnovsky - The Economic Journal, 1974 - JSTOR
Page 1. ON THE ROLE OF INFLATIONARY EXPECTATIONS IN A SHORT-RUN
MACRO-ECONOMIC MODEL' I. INTRODUCTION DURING recent years increasing attention
has been devoted to analysing the role of inflationary expectations in macro-economic problems. ...
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The effects of taxes and dividend policy on capital accumulation and macroeconomic behavior

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SJ Turnovsky - Journal of Economic Dynamics and Control, 1990 - Elsevier
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Growth, Income Inequality, and Fiscal Policy: What Are the Relevant Trade‐offs?

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C GARCÍA‐PEÑALOSA… - Journal of Money, Credit …, 2007 - Wiley Online Library
... d'Economie Publique (IDEP). Stephen Turnovsky is Castor Professor at the University
of Washington and his research was supported in part by the Castor endowment
at the University of Washington. The paper has benefited ...
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