Patrick M. Crowley

Texas A&M University - Corpus Christi

Professor of Economics

6300 Ocean Drive, Unit #5808

Corpus Christi, TX 78412

United States

http://patrickmcrowley.com

Bank of Finland/Suomen Pankki

Visiting Research Scholar

P.O. Box 160

FIN-00101 Helsinki

Finland

SCHOLARLY PAPERS

27

DOWNLOADS
Rank 19,367

SSRN RANKINGS

Top 19,367

in Total Papers Downloads

2,425

CITATIONS
Rank 5,674

SSRN RANKINGS

Top 5,674

in Total Papers Citations

98

Scholarly Papers (27)

1.

An Intuitive Guide to Wavelets for Economists

Bank of Finland Research Discussion Paper No. 1/2005
Number of pages: 71 Posted: 30 Aug 2005
Patrick M. Crowley
Texas A&M University - Corpus Christi
Downloads 750 (32,102)
Citation 12

Abstract:

Loading...

Statistical methodology, multiresolution analysis, wavelets, business

2.

Decomposing the Co-Movement of the Business Cycle: A Time-Frequency Analysis of Growth Cycles in the Euro Area

Bank of Finland Research Discussion Paper No. 12/2005
Number of pages: 72 Posted: 29 Dec 2005
Patrick M. Crowley and Jim Lee
Texas A&M University - Corpus Christi and Texas A&M University - Department of Finance, Economics, & Decision Sciences
Downloads 237 (127,446)
Citation 18

Abstract:

Loading...

business cycles, growth cycles, European Union, multiresolution

3.

How Do You Make a Time Series Sing Like a Choir? Using the Hilbert-Huang Transform to Extract Embedded Frequencies from Economic or Financial Time Series

Bank of Finland Research Discussion Paper No. 32/2009
Number of pages: 40 Posted: 28 Nov 2009
Patrick M. Crowley
Texas A&M University - Corpus Christi
Downloads 187 (159,549)

Abstract:

Loading...

business cycles, growth cycles, Hilbert-Huang transform (HHT), empirical mode decomposition (EMD), economic time series, non-stationarity, spectral analysis

4.

Evaluating the Stresses from ECB Monetary Policy in the Euro Area

Bank of Finland Research Discussion Paper No. 11/2009
Number of pages: 38 Posted: 07 Jul 2009
Patrick M. Crowley and Jim Lee
Texas A&M University - Corpus Christi and Texas A&M University - Department of Finance, Economics, & Decision Sciences
Downloads 139 (205,490)

Abstract:

Loading...

European Central Bank, monetary policy reaction, Taylor rule, counterfactual analysis

5.

One Money, Several Cycles? Evaluation of European Business Cycles using Model-Based Cluster Analysis

Bank of Finland Research Discussion Paper No. 3/2008
Number of pages: 50 Posted: 27 Feb 2008
Patrick M. Crowley
Texas A&M University - Corpus Christi
Downloads 130 (216,794)
Citation 7

Abstract:

Loading...

business cycles, co-movement, optimal currency areas, model-based cluster analysis

6.

A Reconsideration of the Great Depression

South Asian Journal of Management, Jul-Sep 2009
Number of pages: 25 Posted: 25 Oct 2009 Last Revised: 19 Jun 2010
Chee-Heong Quah and Patrick M. Crowley
University of Malaya and Texas A&M University - Corpus Christi
Downloads 122 (227,461)

Abstract:

Loading...

Great Depression, financial crisis, crisis, turmoil, recession, business cycle

7.

Long Cycles in Growth: Explorations Using New Frequency Domain Techniques with US Data

Bank of Finland Research Discussion Paper No. 6/2010
Number of pages: 52 Posted: 18 Mar 2010
Patrick M. Crowley
Texas A&M University - Corpus Christi
Downloads 109 (246,897)
Citation 8

Abstract:

Loading...

business cycles, growth cycles, frequency domain, spectral analysis, long cycles, Granger, wavelet analysis, Hilbert-Huang Transform (HHT), empirical mode decomposition (EMD), non-stationarity

8.

Assessing the Exchange Rate Exposure of US Multinationals

Bank of Finland Research Discussion Paper No. 34/2013
Number of pages: 22 Posted: 20 Dec 2013
Patrick M. Crowley and Amir Habibdoust
Texas A&M University - Corpus Christi and University of Mazandaran (UMZ)
Downloads 103 (256,826)

Abstract:

Loading...

discrete wavelet analysis, exchange rate volatility, hedging strategy

9.

Monetary Anchor for East Asia: US, Japan, or China?

Number of pages: 19 Posted: 05 Jun 2010 Last Revised: 19 Jun 2010
Chee-Heong Quah and Patrick M. Crowley
University of Malaya and Texas A&M University - Corpus Christi
Downloads 78 (306,012)

Abstract:

Loading...

optimum currency area, Asia, monetary union, business cycle, China, money

10.

How Hard is the Euro Area Core? An Evaluation of Growth Cycles Using Wavelet Analysis

Bank of Finland Research Discussion Paper No. 18/2006
Number of pages: 46 Posted: 16 Oct 2007
David G. Mayes, Patrick M. Crowley and Douglas Maraun
University of Auckland (Deceased), Texas A&M University - Corpus Christi and University of Potsdam
Downloads 78 (306,012)
Citation 2

Abstract:

Loading...

time-varying spectral analysis, coherence, phase, business cycles, EMU, growth cycles, Hilbert transform, wavelet analysis

11.

An Analysis of the Embedded Frequency Content of Macroeconomic Indicators and Their Counterparts Using the Hilbert-Huang Transform

Bank of Finland Research Discussion Paper No. 33/2009
Number of pages: 54 Posted: 28 Nov 2009
Patrick M. Crowley and Tony Schildt
Texas A&M University - Corpus Christi and Bank of Finland
Downloads 74 (315,534)
Citation 3

Abstract:

Loading...

economic growth, Hilbert-Huang transform, empirical mode decomposition, frequency domain, economic indicators

12.

A New Approach to Analyzing Convergence and Synchronicity in Growth and Business Cycles: Cross Recurrence Plots and Quantification Analysis

Bank of Finland Research Discussion Paper No. 16/2010
Number of pages: 56 Posted: 21 Oct 2010
Patrick M. Crowley and Aaron Schultz
Texas A&M University - Corpus Christi and Athinoula A. Martinos Center for Biomedical Imaging
Downloads 59 (355,300)
Citation 2

Abstract:

Loading...

euro area, business cycles, growth cycles, recurrence plots, non-stationarity, complex systems, surrogate analysis

13.

Is Europe Growing Together or Growing Apart?

Bank of Finland Research Discussion Paper No. 33/2013
Number of pages: 36 Posted: 21 Dec 2013
Patrick M. Crowley, Enrique Garcia and Chee-Heong Quah
Texas A&M University - Corpus Christi, Université Autonome Métropolitaine de Mexico and University of Malaya
Downloads 56 (364,426)

Abstract:

Loading...

business cycles, growth cycles, frequency domain, wavelet analysis, cluster analysis, euro area, European Union, optimal currency area

14.

Assessing the Appropriateness of China’s Peg to the US Dollar

Number of pages: 27 Posted: 27 Aug 2010 Last Revised: 21 Nov 2010
Chee-Heong Quah and Patrick M. Crowley
University of Malaya and Texas A&M University - Corpus Christi
Downloads 39 (423,166)

Abstract:

Loading...

optimum currency area, China, Hong Kong, Macau, dollarization, exchange rate, money

15.

The Great Moderation Under the Microscope: Decomposition of Macroeconomic Cycles in US and UK Aggregate Demand

Bank of Finland Research Discussion Paper No. 13/2011
Number of pages: 37 Posted: 07 Jun 2011
Patrick M. Crowley and Andrew J. Hughes Hallett
Texas A&M University - Corpus Christi and George Mason University - School of Policy, Government, and International Affairs
Downloads 38 (427,269)
Citation 7

Abstract:

Loading...

business cycles, growth cycles, discrete wavelet analysis, US real GDP, UK real GDP

16.

Fiscal Policy Tracking Design in the Time Frequency Domain Using Wavelet Analysis

Bank of Finland Research Discussion Paper No. 32/2014
Number of pages: 50 Posted: 07 Jan 2015
Patrick M. Crowley and David Hudgins
Texas A&M University - Corpus Christi and Texas A&M-Corpus Christi-College of Business
Downloads 36 (435,410)

Abstract:

Loading...

LQ tracking, macroeconomics, optimal control, discrete wavelet analysis, fiscal policy

17.

Are Monetary Unions More Synchronous than Non-Monetary Unions?

Bank of Finland Research Discussion Paper No. 11/2015
Number of pages: 46 Posted: 20 Aug 2015
Patrick M. Crowley and Christopher Trombley
Texas A&M University - Corpus Christi and Texas A&M University - Corpus Christi
Downloads 34 (443,693)
Citation 9

Abstract:

Loading...

business cycles, growth cycles, frequency domain, optimal currency area, macroeconomic synchronization, monetary policy, single currency

18.

Volatility Transfers between Cycles: A Theory of Why the 'Great Moderation' Was More Mirage than Moderation

Bank of Finland Research Discussion Paper No. 23/2014
Number of pages: 19 Posted: 21 Oct 2014
Patrick M. Crowley and Andrew J. Hughes Hallett
Texas A&M University - Corpus Christi and George Mason University - School of Policy, Government, and International Affairs
Downloads 29 (466,519)
Citation 17

Abstract:

Loading...

New Keynesian model, business cycles, growth cycles, time-frequency domain, discrete wavelet analysis, Empirical Mode Decomposition

19.

A Guide to Wavelets for Economists

Journal of Economic Surveys, Vol. 21, No. 2, pp. 207-267, April 2007
Number of pages: 61 Posted: 21 Mar 2007
Patrick M. Crowley
Texas A&M University - Corpus Christi
Downloads 28 (471,410)
Citation 30
  • Add to Cart

Abstract:

Loading...

20.

Volatility Transfers between Cycles: A Theory of Why the "Great Moderation" Was More Mirage than Moderation

Bank of Finland Research Discussion Paper No. 23/2014
Number of pages: 19 Posted: 26 Apr 2016
Patrick M. Crowley and Andrew J. Hughes Hallett
Texas A&M University - Corpus Christi and George Mason University - School of Policy, Government, and International Affairs
Downloads 21 (509,703)

Abstract:

Loading...

C1, E2, E3

21.

Analysis of the Balance between U.S. Monetary and Fiscal Policy Using Simulated Wavelet-Based Optimal Tracking Control

Bank of Finland Research Discussion Paper No. 21/2016
Number of pages: 33 Posted: 15 Aug 2016
Patrick M. Crowley and David Hudgins
Texas A&M University - Corpus Christi and Texas A&M-Corpus Christi-College of Business
Downloads 20 (515,335)
Citation 1

Abstract:

Loading...

C49, C61, C63, C88, E58, E61, fiscal policy, linear-quadratic, monetary policy, optimal tracking control, discrete wavelet analysis

22.

Modelling a Small Open Economy Using a Wavelet-Based Control Model

Bank of Finland Research Discussion Paper No. 32/2017
Number of pages: 35 Posted: 18 Oct 2017 Last Revised: 03 Dec 2017
David Hudgins and Patrick M. Crowley
Texas A&M-Corpus Christi-College of Business and Texas A&M University - Corpus Christi
Downloads 16 (538,472)

Abstract:

Loading...

Discrete Wavelet Analysis, Exchange Rate, Fiscal Policy, Monetary Policy, Optimal Control, South Africa

23.

Euro Area Monetary and Fiscal Policy Tracking Design in the Time-Frequency Domain

Bank of Finland Research Discussion Paper No. 12/2015
Number of pages: 47 Posted: 20 Aug 2015
Patrick M. Crowley and David Hudgins
Texas A&M University - Corpus Christi and Texas A&M-Corpus Christi-College of Business
Downloads 16 (538,472)

Abstract:

Loading...

Discrete Wavelet Analysis, Euro area, Fiscal Policy, LQ Tracking, Monetary Policy, Optimal Control

24.

Euro Area Monetary and Fiscal Policy Tracking Design in the Time-Frequency Domain

Bank of Finland Research Discussion Paper No. 12/2015
Number of pages: 47 Posted: 21 Oct 2015
Patrick M. Crowley and David Hudgins
Texas A&M University - Corpus Christi and Texas A&M-Corpus Christi-College of Business
Downloads 10 (574,693)

Abstract:

Loading...

C49, C61, C63, C88, E52, E61, discrete wavelet analysis, euro area, fiscal policy, LQ tracking, monetary policy, optimal control

25.

Are Monetary Unions More Synchronous than Non-Monetary Unions?

Bank of Finland Research Discussion Paper No. 11/2015
Number of pages: 46 Posted: 21 Oct 2015
Patrick M. Crowley and Christopher Trombley
Texas A&M University - Corpus Christi and Texas A&M University - Corpus Christi
Downloads 9 (580,876)

Abstract:

Loading...

C49, E32, F44, F45, F62, business cycles, growth cycles, frequency domain, optimal currency area, macroeconomic synchronization, monetary policy, single currency

26.

Fiscal Policy Tracking Design in the Time Frequency Domain Using Wavelet Analysis

Bank of Finland Research Discussion Paper No. 32/2014
Number of pages: 50 Posted: 21 Oct 2015
Patrick M. Crowley and David Hudgins
Texas A&M University - Corpus Christi and Texas A&M-Corpus Christi-College of Business
Downloads 5 (606,495)
Citation 2

Abstract:

Loading...

C49, C61, C63, C88, E61

27.

U.S. Macroeconomic Policy Evaluation in an Open Economy Context Using Wavelet Decomposed Optimal Control Methods

Bank of Finland Research Discussion Paper No. 11/2019
Number of pages: 49 Posted: 11 Jul 2019 Last Revised: 17 Jul 2019
Patrick M. Crowley and David Hudgins
Texas A&M University - Corpus Christi and Texas A&M-Corpus Christi-College of Business
Downloads 2 (631,171)

Abstract:

Loading...

Discrete Wavelet Analysis, Fiscal Policy, Monetary Policy, Optimal Control