John G. Fernald

Federal Reserve Bank of San Francisco

101 Market Street

San Francisco, CA 94105

United States

http://www.frbsf.org/economics/economists/jfernald.html

  • Federal Reserve Bank of San Francisco

    • Email
    • Tel: 415-974-2135
SCHOLARLY PAPERS

31

DOWNLOADS
Rank 13,659

SSRN RANKINGS

Top 13,659

in Total Papers Downloads

7,189

TOTAL CITATIONS
Rank 1,785

SSRN RANKINGS

Top 1,785

in Total Papers Citations

646

Scholarly Papers (31)

Actions:
Email selected abstracts
1.

Why Has China Survived the Asian Crisis so Well? What Risks Remain?

Number of pages: 36 Posted: 24 Mar 1999
John G. Fernald and Oliver Babson
Federal Reserve Bank of San Francisco and Board of Governors of the Federal Reserve System
Downloads 1,175 (36,593)
Citation 15

Abstract:

Loading...

2.

Puzzles in the Chinese Stock Market

FRB International Finance Discussion Paper No. 619, FRB Chicago Working Paper No. 2000-13
Number of pages: 41 Posted: 17 Sep 1998
John G. Fernald and John H. Rogers
Federal Reserve Bank of San Francisco and Fudan University - Fanhai International School of Finance (FISF)
Downloads 826 (60,026)
Citation 19

Abstract:

Loading...

3.

Was China the First Domino?: Assessing Links between China and the Rest of Emerging Asia

Number of pages: 48 Posted: 03 Jun 1998
John G. Fernald, Hali J. Edison and Prakash Loungani
Federal Reserve Bank of San Francisco, International Monetary Fund (IMF) - Research Department and International Monetary Fund (IMF)
Downloads 766 (66,356)
Citation 22

Abstract:

Loading...

4.

Are Technology Improvements Contractionary?

Downloads 696 (75,299)
Citation 124

Are Technology Improvements Contractionary?

Number of pages: 65 Posted: 14 Jan 1999
Susanto Basu, Susanto Basu, John G. Fernald and Miles S. Kimball
National Bureau of Economic Research (NBER)Boston College, College of Arts and Sciences, Department of Economics, Federal Reserve Bank of San Francisco and University of Colorado Boulder
Downloads 508 (110,584)
Citation 20

Abstract:

Loading...

Are Technology Improvements Contractionary?

NBER Working Paper No. w10592
Number of pages: 58 Posted: 08 Jul 2004 Last Revised: 16 May 2022
Susanto Basu, Susanto Basu, John G. Fernald and Miles S. Kimball
National Bureau of Economic Research (NBER)Boston College, College of Arts and Sciences, Department of Economics, Federal Reserve Bank of San Francisco and University of Colorado Boulder
Downloads 188 (317,855)
Citation 104

Abstract:

Loading...

5.

China and Emerging Asia: Comrades or Competitors?

FRB International Working Paper No. 789, FRB Chicago Working Paper No. 2003-27
Number of pages: 39 Posted: 14 Jan 2004
John G. Fernald, Prakash Loungani, Alan G. Ahearne and John W. Schindler
Federal Reserve Bank of San Francisco, International Monetary Fund (IMF), University of Galway - Department of Economics and Board of Governors of the Federal Reserve System
Downloads 416 (141,510)
Citation 16

Abstract:

Loading...

Exports, trade links, exchange rates, trade equations, flying geese

6.

Flying Geese or Sitting Ducks: China's Impact on the Trading Fortunes of Other Asian Economies

FRB International Finance Discussion Paper No. 887
Number of pages: 34 Posted: 28 Feb 2007
Alan G. Ahearne, John G. Fernald, Prakash Loungani and John W. Schindler
University of Galway - Department of Economics, Federal Reserve Bank of San Francisco, International Monetary Fund (IMF) and Board of Governors of the Federal Reserve System
Downloads 389 (152,730)
Citation 6

Abstract:

Loading...

exports, trade links, exchange rates, trade equations

7.

Productivity Growth in the 1990s: Technology, Utilization, or Adjustment?

Downloads 360 (166,283)
Citation 11

Productivity Growth in the 1990s: Technology, Utilization, or Adjustment?

Number of pages: 62 Posted: 21 Jul 2001
John G. Fernald, Susanto Basu, Susanto Basu and Matthew D. Shapiro
Federal Reserve Bank of San Francisco, National Bureau of Economic Research (NBER)Boston College, College of Arts and Sciences, Department of Economics and University of Michigan at Ann Arbor - Department of Economics
Downloads 210 (286,710)
Citation 7

Abstract:

Loading...

Productivity Growth in the 1990s: Technology, Utilization, or Adjustment?

NBER Working Paper No. w8359
Number of pages: 68 Posted: 28 Jun 2001 Last Revised: 05 Nov 2022
Susanto Basu, Susanto Basu, John G. Fernald and Matthew D. Shapiro
National Bureau of Economic Research (NBER)Boston College, College of Arts and Sciences, Department of Economics, Federal Reserve Bank of San Francisco and University of Michigan at Ann Arbor - Department of Economics
Downloads 150 (387,384)
Citation 4

Abstract:

Loading...

8.

Why is Productivity Procyclical? Why Do We Care?

Downloads 309 (195,960)
Citation 23

Why is Productivity Procyclical? Why Do We Care?

Number of pages: 88 Posted: 28 Dec 2000
Susanto Basu, Susanto Basu and John G. Fernald
National Bureau of Economic Research (NBER)Boston College, College of Arts and Sciences, Department of Economics and Federal Reserve Bank of San Francisco
Downloads 251 (241,201)
Citation 23

Abstract:

Loading...

Why is Productivity Procyclical? Why Do We Care?

NBER Working Paper No. w7940
Number of pages: 88 Posted: 30 Sep 2000 Last Revised: 12 Sep 2022
Susanto Basu, Susanto Basu and John G. Fernald
National Bureau of Economic Research (NBER)Boston College, College of Arts and Sciences, Department of Economics and Federal Reserve Bank of San Francisco
Downloads 58 (727,065)

Abstract:

Loading...

9.

The Case of the Missing Productivity Growth: Or, Does Information Technology Explain Why Productivity Accelerated in the United States But Not the United Kingdom?

Harvard Economic Research Discussion Paper No. 2021, FRB Chicago Working Paper No. 2003-08
Number of pages: 52 Posted: 25 Nov 2003
Susanto Basu, Susanto Basu, John G. Fernald, Nicholas Oulton and Sylaja Srinivasan
National Bureau of Economic Research (NBER)Boston College, College of Arts and Sciences, Department of Economics, Federal Reserve Bank of San Francisco, London School of Economics - Centre for Macroeconomics(CFM) and Bank of England - Monetary Analysis
Downloads 298 (203,678)
Citation 26

Abstract:

Loading...

10.

Aggregate Productivity and Aggregate Technology

Number of pages: 55 Posted: 20 Dec 1997
Susanto Basu, Susanto Basu and John G. Fernald
National Bureau of Economic Research (NBER)Boston College, College of Arts and Sciences, Department of Economics and Federal Reserve Bank of San Francisco
Downloads 250 (243,412)
Citation 59

Abstract:

Loading...

11.

A General-Equilibrium Asset-Pricing Approach to the Measurement of Nominal and Real Bank Output

Downloads 204 (295,583)
Citation 12

A General-Equilibrium Asset-Pricing Approach to the Measurement of Nominal and Real Bank Output

Number of pages: 85 Posted: 13 Jan 2005
J. Christina Wang, Susanto Basu, Susanto Basu and John G. Fernald
Federal Reserve Bank of Boston, National Bureau of Economic Research (NBER)Boston College, College of Arts and Sciences, Department of Economics and Federal Reserve Bank of San Francisco
Downloads 155 (376,820)
Citation 7

Abstract:

Loading...

A General-Equilibrium Asset-Pricing Approach to the Measurement of Nominal and Real Bank Output

NBER Working Paper No. w14616
Number of pages: 52 Posted: 15 Jan 2009 Last Revised: 10 Dec 2022
J. Christina Wang, Susanto Basu, Susanto Basu and John G. Fernald
Federal Reserve Bank of Boston, National Bureau of Economic Research (NBER)Boston College, College of Arts and Sciences, Department of Economics and Federal Reserve Bank of San Francisco
Downloads 49 (785,440)
Citation 5

Abstract:

Loading...

12.

Measuring Productivity Growth in Asia: Do Market Imperfections Matter?

Number of pages: 47 Posted: 24 Nov 2003
John G. Fernald and Brent Neiman
Federal Reserve Bank of San Francisco and University of Chicago - Booth School of Business
Downloads 174 (343,055)
Citation 4

Abstract:

Loading...

Asia, total factor productivity, Singapore, directed credit, growth accounting

13.

Does the United States Have a Productivity Slowdown or a Measurement Problem

FEDS Working Paper No. 2016-17
Number of pages: 75 Posted: 07 Mar 2016
David M. Byrne, John G. Fernald and Marshall Reinsdorf
Board of Governors of the Federal Reserve System, Federal Reserve Bank of San Francisco and International Monetary Fund (IMF)
Downloads 161 (364,941)
Citation 88

Abstract:

Loading...

Information technology, Measurement, Non-market production, Prices, Productivity

14.

Information and Communications Technology as a General-Purpose Technology: Evidence from U.S Industry Data

Federal Reserve Bank of San Francisco Working Paper Series No. 2006-29
Number of pages: 27 Posted: 05 Aug 2007
Susanto Basu, Susanto Basu and John G. Fernald
National Bureau of Economic Research (NBER)Boston College, College of Arts and Sciences, Department of Economics and Federal Reserve Bank of San Francisco
Downloads 138 (413,672)
Citation 9

Abstract:

Loading...

information technology

15.

Is China Fudging its Figures? Evidence from Trading Partner Data

BOFIT Discussion Paper No. 29/2015
Number of pages: 36 Posted: 05 Nov 2015
John G. Fernald, Eric Hsu and Mark M. Spiegel
Federal Reserve Bank of San Francisco, University of California, Berkeley and Federal Reserve Bank of San Francisco - Economic Research Department
Downloads 128 (438,721)

Abstract:

Loading...

C53, C82, E20, F17, China, GDP, principal components, structural break, forecasting

16.

Why Has the Cyclicality of Productivity Changed?: What Does it Mean?

Downloads 122 (455,022)
Citation 22

Why Has the Cyclicality of Productivity Changed?: What Does it Mean?

Federal Reserve Bank of Boston Research Paper Series Current Policy Perspectives Paper No. 15-6
Number of pages: 53 Posted: 01 Jan 2016 Last Revised: 25 Apr 2022
John G. Fernald and J. Christina Wang
Federal Reserve Bank of San Francisco and Federal Reserve Bank of Boston
Downloads 122 (456,982)
Citation 22

Abstract:

Loading...

growth accounting, business cycles, procyclical productivity, labor hoarding, DSGE models

Why Has the Cyclicality of Productivity Changed? What Does it Mean?

Annual Review of Economics, Vol. 8, pp. 465-496, 2016
Posted: 18 Nov 2016
John G. Fernald and J. Christina Wang
Federal Reserve Bank of San Francisco and Federal Reserve Bank of Boston

Abstract:

Loading...

17.

Measuring the Miracle: Market Imperfections and Asia's Growth Experience

FRB of San Francisco Working Paper No. 2006-17
Number of pages: 42 Posted: 26 Jul 2007
John G. Fernald and Brent Neiman
Federal Reserve Bank of San Francisco and University of Chicago - Booth School of Business
Downloads 105 (508,714)
Citation 1

Abstract:

Loading...

18.

Trend Breaks, Long-Run Restrictions, and the Contractionary Effects of Technology Improvements

Downloads 89 (567,115)
Citation 17

Trend Breaks, Long-Run Restrictions, and the Contractionary Effects of Technology Improvements

FRB of San Francisco Working Paper No. 2005-21
Number of pages: 37 Posted: 07 Dec 2005
John G. Fernald
Federal Reserve Bank of San Francisco
Downloads 77 (626,754)
Citation 11

Abstract:

Loading...

Technology, business cycles, structural change

Trend Breaks, Long-Run Restrictions and the Contractionary Effects of Technology Improvements

CEPR Discussion Paper No. 5631
Number of pages: 39 Posted: 18 Jul 2006
John G. Fernald
Federal Reserve Bank of San Francisco
Downloads 12 (1,146,314)
Citation 6
  • Add to Cart

Abstract:

Loading...

Technology, business cycles, structural change

19.

The Case of the Missing Productivity Growth: Or, Does Information Technology Explain Why Productivity Accelerated in the Us But Not the UK?

NBER Working Paper No. w10010
Number of pages: 51 Posted: 10 Oct 2003 Last Revised: 09 Nov 2022
Susanto Basu, Susanto Basu, John G. Fernald, Nicholas Oulton and Sylaja Srinivasan
National Bureau of Economic Research (NBER)Boston College, College of Arts and Sciences, Department of Economics, Federal Reserve Bank of San Francisco, London School of Economics - Centre for Macroeconomics(CFM) and Bank of England - Monetary Analysis
Downloads 88 (571,035)
Citation 7

Abstract:

Loading...

20.

The Pre-Great Recession Slowdown in Productivity

Banque de France Working Paper No. 586
Number of pages: 55 Posted: 04 Apr 2016
Gilbert Cette, John G. Fernald and Benoit Mojon
Banque de France, Federal Reserve Bank of San Francisco and Banque de France
Downloads 85 (583,223)
Citation 27

Abstract:

Loading...

Productivity, ICT, Europe, convergence, capital flows, mis-allocation

21.

The Future of U.S. Economic Growth

NBER Working Paper No. w19830
Number of pages: 13 Posted: 25 Jan 2014 Last Revised: 09 Mar 2023
John G. Fernald and Charles I. Jones
Federal Reserve Bank of San Francisco and Stanford Graduate School of Business
Downloads 81 (600,266)
Citation 19

Abstract:

Loading...

22.

The Disappointing Recovery of Output after 2009

NBER Working Paper No. w23543
Number of pages: 63 Posted: 26 Jun 2017 Last Revised: 01 May 2022
John G. Fernald, Robert E. Hall, James H. Stock and Mark W. Watson
Federal Reserve Bank of San Francisco, Hoover Institution and Department of Economics, Stanford University, Harvard University - Department of Economics and Princeton University - Princeton School of Public and International Affairs
Downloads 70 (650,200)
Citation 46

Abstract:

Loading...

23.

Productivity and Potential Output Before, During, and after the Great Recession

NBER Working Paper No. w20248
Number of pages: 51 Posted: 23 Jun 2014 Last Revised: 30 Apr 2023
John G. Fernald
Federal Reserve Bank of San Francisco
Downloads 65 (674,887)
Citation 39

Abstract:

Loading...

24.

Aggregate Productivity and the Productivity of Aggregates

NBER Working Paper No. w5382
Number of pages: 51 Posted: 11 Jul 2000 Last Revised: 17 Sep 2022
Susanto Basu, Susanto Basu and John G. Fernald
National Bureau of Economic Research (NBER)Boston College, College of Arts and Sciences, Department of Economics and Federal Reserve Bank of San Francisco
Downloads 52 (748,215)
Citation 1

Abstract:

Loading...

25.

Are Apparent Productive Spillovers a Figment of Specification Error?

NBER Working Paper No. w5073
Number of pages: 35 Posted: 12 Jul 2000 Last Revised: 13 Nov 2022
Susanto Basu, Susanto Basu and John G. Fernald
National Bureau of Economic Research (NBER)Boston College, College of Arts and Sciences, Department of Economics and Federal Reserve Bank of San Francisco
Downloads 43 (808,908)
Citation 8

Abstract:

Loading...

26.

Monetary Policy Effectiveness in China: Evidence from a FAVAR Model

NBER Working Paper No. w20518
Number of pages: 43 Posted: 30 Sep 2014 Last Revised: 26 Jul 2023
John G. Fernald, Mark M. Spiegel and Eric T. Swanson
Federal Reserve Bank of San Francisco, Federal Reserve Bank of San Francisco - Economic Research Department and University of California, Irvine - Department of Economics
Downloads 41 (823,519)
Citation 16

Abstract:

Loading...

27.

Growth Accounting with Misallocation: Or, Doing Less with More in Singapore

NBER Working Paper No. w16043
Number of pages: 53 Posted: 07 Jun 2010 Last Revised: 04 May 2023
John G. Fernald and Brent Neiman
Federal Reserve Bank of San Francisco and University of Chicago - Booth School of Business
Downloads 36 (862,874)
Citation 9

Abstract:

Loading...

28.

The Outlook for U.S. Labor-Quality Growth

NBER Working Paper No. w22555
Number of pages: 69 Posted: 31 Aug 2016 Last Revised: 17 Feb 2023
Canyon Bosler, Mary C. Daly, John G. Fernald and Bart Hobijn
Federal Reserve Banks - Federal Reserve Bank of San Francisco, Federal Reserve Bank of San Francisco, Federal Reserve Bank of San Francisco and ASU
Downloads 22 (994,381)

Abstract:

Loading...

29.

Why is Productivity Procylical? Why Do We Care?

Posted: 13 Jul 2000
John G. Fernald, Susanto Basu and Susanto Basu
Federal Reserve Bank of San Francisco and National Bureau of Economic Research (NBER)Boston College, College of Arts and Sciences, Department of Economics

Abstract:

Loading...

productivity, business cycles, markups

30.

Roads to Prosperity?: Assessing the Link between Public Capital and Productivity

Posted: 21 Jul 1998
John G. Fernald
Federal Reserve Bank of San Francisco

Abstract:

Loading...

31.

Returns to Scale in U.S. Production: Estimates and Implications

JOURNAL OF POLITICAL ECONOMY, Vol. 105, No. 2, April 1997
Posted: 16 Apr 1997
Susanto Basu, Susanto Basu and John G. Fernald
National Bureau of Economic Research (NBER)Boston College, College of Arts and Sciences, Department of Economics and Federal Reserve Bank of San Francisco

Abstract:

Loading...