Susanto Basu

Boston College, College of Arts and Sciences, Department of Economics

Professor

140 Commonwealth Avenue

Chestnut Hill, MA 02467-3806

United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

SCHOLARLY PAPERS

29

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3,006

SSRN CITATIONS
Rank 901

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Top 901

in Total Papers Citations

415

CROSSREF CITATIONS

837

Scholarly Papers (29)

1.
Downloads 547 ( 66,189)
Citation 215

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 383 (100,400)
Citation 24

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Are Technology Improvements Contractionary?

NBER Working Paper No. w10592
Number of pages: 58 Posted: 08 Jul 2004
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 164 (234,523)
Citation 42

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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 169 (228,575)
Citation 10

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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 2021
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 132 (279,996)
Citation 4

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3.

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 271 (147,144)
Citation 16

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4.
Downloads 220 (180,323)
Citation 15

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 179 (217,474)
Citation 13

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Why is Productivity Procyclical? Why Do We Care?

NBER Working Paper No. w7940
Number of pages: 88 Posted: 30 Sep 2000 Last Revised: 14 Mar 2021
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 41 (544,918)

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5.

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 214 (185,025)
Citation 44

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Productivity, Welfare and Reallocation: Theory and Firm-Level Evidence

World Bank Policy Research Working Paper No. 5226
Number of pages: 48 Posted: 20 Apr 2016
Susanto Basu, Susanto Basu, Luigi Pascali, Fabio Schiantarelli and Luis Servén
National Bureau of Economic Research (NBER)Boston College, College of Arts and Sciences, Department of Economics, Boston College, Boston College - Department of Economics and World Bank - Development Research Group (DECRG)
Downloads 72 (418,167)

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Economic Theory & Research, E-Business, Economic Growth, Labor Policies, Technology Industry

Productivity, Welfare, and Reallocation: Theory and Firm-Level Evidence

FRB of Boston Working Paper No. 09-19
Number of pages: 48 Posted: 02 Mar 2010
Susanto Basu, Susanto Basu, Luigi Pascali, Fabio Schiantarelli and Luis Servén
National Bureau of Economic Research (NBER)Boston College, College of Arts and Sciences, Department of Economics, Boston College, Boston College - Department of Economics and World Bank - Development Research Group (DECRG)
Downloads 33 (589,252)
Citation 2

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Productivity, Welfare and Reallocation: Theory and Firm-Level Evidence

NBER Working Paper No. w15579
Number of pages: 49 Posted: 15 Dec 2009 Last Revised: 28 Jul 2021
Susanto Basu, Susanto Basu, Luigi Pascali, Fabio Schiantarelli and Luis Servén
National Bureau of Economic Research (NBER)Boston College, College of Arts and Sciences, Department of Economics, Boston College, Boston College - Department of Economics and World Bank - Development Research Group (DECRG)
Downloads 21 (672,880)

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Productivity, Welfare and Reallocation: Theory and Firm-Level Evidence

Number of pages: 50 Posted: 08 Dec 2009
Susanto Basu, Susanto Basu, Luigi Pascali, Fabio Schiantarelli and Luis Servén
National Bureau of Economic Research (NBER)Boston College, College of Arts and Sciences, Department of Economics, Boston College, Boston College - Department of Economics and World Bank - Development Research Group (DECRG)
Downloads 18 (696,629)

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productivity, welfare, reallocation, technology, TFP

7.
Downloads 141 (265,114)
Citation 2

Productivity and the Welfare of Nations

World Bank Policy Research Working Paper No. 6026
Number of pages: 65 Posted: 20 Apr 2016
Susanto Basu, Susanto Basu, Luigi Pascali, Fabio Schiantarelli and Luis Servén
National Bureau of Economic Research (NBER)Boston College, College of Arts and Sciences, Department of Economics, Boston College, Boston College - Department of Economics and World Bank - Development Research Group (DECRG)
Downloads 85 (379,314)

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Economic Theory & Research, Currencies and Exchange Rates, Environmental Economics & Policies, Debt Markets, Emerging Markets

Productivity and the Welfare of Nations

NBER Working Paper No. w17971
Number of pages: 69 Posted: 07 Apr 2012 Last Revised: 09 Aug 2021
Susanto Basu, Susanto Basu, Luigi Pascali, Fabio Schiantarelli and Luis Servén
National Bureau of Economic Research (NBER)Boston College, College of Arts and Sciences, Department of Economics, Boston College, Boston College - Department of Economics and World Bank - Development Research Group (DECRG)
Downloads 38 (560,761)

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Productivity and the Welfare of Nations

Number of pages: 65 Posted: 14 Apr 2012
Susanto Basu, Susanto Basu, Luigi Pascali, Fabio Schiantarelli and Luis Servén
National Bureau of Economic Research (NBER)Boston College, College of Arts and Sciences, Department of Economics, Boston College, Boston College - Department of Economics and World Bank - Development Research Group (DECRG)
Downloads 18 (696,629)
Citation 1

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TFP, welfare, productivity, Solow residual

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, J. Christina Wang, Susanto Basu, Susanto Basu and John G. Fernald
Federal Reserve Bank of BostonIndependent, National Bureau of Economic Research (NBER)Boston College, College of Arts and Sciences, Department of Economics and Federal Reserve Bank of San Francisco
Downloads 90 (365,891)
Citation 8

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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 2021
J. Christina Wang, J. Christina Wang, Susanto Basu, Susanto Basu and John G. Fernald
Federal Reserve Bank of BostonIndependent, National Bureau of Economic Research (NBER)Boston College, College of Arts and Sciences, Department of Economics and Federal Reserve Bank of San Francisco
Downloads 24 (649,949)

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The Value of Risk: Measuring the Service Output of U.S. Commercial Banks

FRB of Boston Working Paper No. 08-4
Number of pages: 37 Posted: 30 Jun 2008
Susanto Basu, Susanto Basu, Robert Inklaar, J. Christina Wang and J. Christina Wang
National Bureau of Economic Research (NBER)Boston College, College of Arts and Sciences, Department of Economics, University of Groningen - Department of Economics and Federal Reserve Bank of BostonIndependent
Downloads 73 (414,920)

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The Value of Risk: Measuring the Service Output of U.S. Commercial Banks

NBER Working Paper No. w14615
Number of pages: 31 Posted: 15 Jan 2009 Last Revised: 09 Dec 2021
Susanto Basu, Susanto Basu, Robert Inklaar, J. Christina Wang and J. Christina Wang
National Bureau of Economic Research (NBER)Boston College, College of Arts and Sciences, Department of Economics, University of Groningen - Department of Economics and Federal Reserve Bank of BostonIndependent
Downloads 31 (601,343)
Citation 1

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The Value of Risk: Measuring the Service Output of U.S. Commercial Banks

Economic Inquiry, Vol. 49, Issue 1, pp. 226-245, 2011
Number of pages: 20 Posted: 12 Jan 2011
Susanto Basu, Susanto Basu, Robert Inklaar, J. Christina Wang and J. Christina Wang
National Bureau of Economic Research (NBER)Boston College, College of Arts and Sciences, Department of Economics, University of Groningen - Department of Economics and Federal Reserve Bank of BostonIndependent
Downloads 2 (836,504)
Citation 1
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10.
Downloads 100 (339,234)
Citation 74

Uncertainty Shocks in a Model of Effective Demand

Federal Reserve Bank of Kansas City Working Paper No. 14-15
Number of pages: 29 Posted: 28 Nov 2014 Last Revised: 29 Mar 2017
Susanto Basu, Susanto Basu and Brent Bundick
National Bureau of Economic Research (NBER)Boston College, College of Arts and Sciences, Department of Economics and Federal Reserve Bank of Kansas City
Downloads 50 (501,669)
Citation 10

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Uncertaity Shocks, Monetary Policy, Sticky-Price Models, Epstein-Zin Preferences, Zero Lower Bound on Nominal Interest Rates

Uncertainty Shocks in a Model of Effective Demand

FRB of Boston Working Paper No. 12-15
Number of pages: 30 Posted: 26 Jun 2013
Susanto Basu, Susanto Basu and Brent Bundick
National Bureau of Economic Research (NBER)Boston College, College of Arts and Sciences, Department of Economics and Boston College - Department of Economics
Downloads 35 (577,682)
Citation 9

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uncertainty shocks, monetary policy, sticky-price models

Uncertainty Shocks in a Model of Effective Demand

NBER Working Paper No. w18420
Number of pages: 29 Posted: 02 Oct 2012 Last Revised: 02 May 2021
Susanto Basu, Susanto Basu and Brent Bundick
National Bureau of Economic Research (NBER)Boston College, College of Arts and Sciences, Department of Economics and Federal Reserve Bank of Kansas City
Downloads 15 (721,066)
Citation 16

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11.

Business Cycles in International Historical Perspective

NBER Working Paper No. w7090
Number of pages: 43 Posted: 31 Oct 1999 Last Revised: 17 Nov 2021
Susanto Basu, Susanto Basu and Alan M. Taylor
National Bureau of Economic Research (NBER)Boston College, College of Arts and Sciences, Department of Economics and University of California, Davis - Department of Economics
Downloads 100 (339,234)

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12.

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 98 (343,774)
Citation 9

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information technology

13.
Downloads 96 (348,394)
Citation 71

Some Evidence on the Importance of Sticky Wages

FRB of Boston Working Paper No. 10-11
Number of pages: 40 Posted: 10 Dec 2010
Alessandro Barattieri, Susanto Basu, Susanto Basu and Peter Gottschalk
Boston College, National Bureau of Economic Research (NBER)Boston College, College of Arts and Sciences, Department of Economics and Boston College
Downloads 43 (534,792)
Citation 1

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Some Evidence on the Importance of Sticky Wages

Number of pages: 42 Posted: 12 Jul 2010
Alessandro Barattieri, Susanto Basu, Susanto Basu and Peter Gottschalk
Boston College, National Bureau of Economic Research (NBER)Boston College, College of Arts and Sciences, Department of Economics and Boston College
Downloads 31 (601,343)
Citation 24

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wage stickiness, micro-level evidence, measurement error

Some Evidence on the Importance of Sticky Wages

NBER Working Paper No. w16130
Number of pages: 41 Posted: 29 Jun 2010 Last Revised: 30 Jul 2021
Alessandro Barattieri, Susanto Basu, Susanto Basu and Peter Gottschalk
Boston College, National Bureau of Economic Research (NBER)Boston College, College of Arts and Sciences, Department of Economics and Boston College
Downloads 22 (665,199)
Citation 8

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Risk Bearing, Implicit Financial Services, and Specialization in the Financial Industry

FRB of Boston Public Policy Discussion Paper No. 06-3
Number of pages: 32 Posted: 17 Jul 2006
J. Christina Wang, J. Christina Wang, Susanto Basu and Susanto Basu
Federal Reserve Bank of BostonIndependent and National Bureau of Economic Research (NBER)Boston College, College of Arts and Sciences, Department of Economics
Downloads 72 (418,167)

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Risk Bearing, Implicit Financial Services and Specialization in the Financial Industry

NBER Working Paper No. w14614
Number of pages: 31 Posted: 17 Feb 2009 Last Revised: 08 Dec 2021
J. Christina Wang, J. Christina Wang, Susanto Basu and Susanto Basu
Federal Reserve Bank of BostonIndependent and National Bureau of Economic Research (NBER)Boston College, College of Arts and Sciences, Department of Economics
Downloads 12 (746,987)

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15.

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: 08 Nov 2021
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 71 (416,391)
Citation 7

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16.

Appropriate Technology and Growth

NBER Working Paper No. w5865
Number of pages: 31 Posted: 13 Jul 2000 Last Revised: 10 Jan 2022
Susanto Basu, Susanto Basu and David N. Weil
National Bureau of Economic Research (NBER)Boston College, College of Arts and Sciences, Department of Economics and Brown University - Department of Economics
Downloads 71 (416,391)

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17.

Cyclical Productivity with Unobserved Input Variation

NBER Working Paper No. w5915
Number of pages: 46 Posted: 07 Aug 2000 Last Revised: 01 Sep 2021
Susanto Basu, Susanto Basu and Miles S. Kimball
National Bureau of Economic Research (NBER)Boston College, College of Arts and Sciences, Department of Economics and University of Colorado Boulder
Downloads 66 (432,844)

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18.
Downloads 64 (439,717)

Optimal Advice for Monetary Policy

NBER Working Paper No. w3054
Number of pages: 30 Posted: 07 Nov 2007 Last Revised: 07 Nov 2021
Susanto Basu, Susanto Basu, Miles S. Kimball, N. Gregory Mankiw and David N. Weil
National Bureau of Economic Research (NBER)Boston College, College of Arts and Sciences, Department of Economics, University of Colorado Boulder, Harvard University - Department of Economics and Brown University - Department of Economics
Downloads 35 (577,682)

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Optimal Advice for Monetary Policy

NBER Working Paper No. w3054
Number of pages: 30 Posted: 14 Apr 2007
Susanto Basu, Susanto Basu, Miles S. Kimball, N. Gregory Mankiw and David N. Weil
National Bureau of Economic Research (NBER)Boston College, College of Arts and Sciences, Department of Economics, University of Colorado Boulder, Harvard University - Department of Economics and Brown University - Department of Economics
Downloads 29 (614,368)

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Endogenous Volatility at the Zero Lower Bound: Implications for Stabilization Policy

Federal Reserve Bank of Kansas City Working Paper No. 15-01
Number of pages: 53 Posted: 22 Nov 2015
Susanto Basu, Susanto Basu and Brent Bundick
National Bureau of Economic Research (NBER)Boston College, College of Arts and Sciences, Department of Economics and Federal Reserve Bank of Kansas City
Downloads 19 (688,665)

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Endogenous Volatility, Zero Lower Bound, Optimal Stabilization Policy

Endogenous Volatility at the Zero Lower Bound: Implications for Stabilization Policy

Federal Reserve Bank of Kansas City Working Paper No. 15-01
Number of pages: 53 Posted: 28 Jun 2015
Susanto Basu, Susanto Basu and Brent Bundick
National Bureau of Economic Research (NBER)Boston College, College of Arts and Sciences, Department of Economics and Federal Reserve Bank of Kansas City
Downloads 11 (755,519)

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Endogenous Volatility, Zero Lower Bound, Optimal Stabilization Policy

Endogenous Volatility at the Zero Lower Bound: Implications for Stabilization Policy

NBER Working Paper No. w21838
Number of pages: 53 Posted: 04 Jan 2016 Last Revised: 03 Sep 2021
Susanto Basu, Susanto Basu and Brent Bundick
National Bureau of Economic Research (NBER)Boston College, College of Arts and Sciences, Department of Economics and Federal Reserve Bank of Kansas City
Downloads 10 (764,145)
Citation 4

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20.

Procyclical Productivity: Increasing Returns or Cyclical Utilization?

NBER Working Paper No. w5336
Number of pages: 44 Posted: 17 Jul 2000 Last Revised: 31 Jan 2021
Susanto Basu and Susanto Basu
National Bureau of Economic Research (NBER)Boston College, College of Arts and Sciences, Department of Economics
Downloads 39 (543,496)
Citation 6

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21.

Uncertainty Shocks in a Model of Effective Demand: Reply

Federal Reserve Bank of Kansas City Working Paper No. RWP 18-05
Number of pages: 7 Posted: 30 Jul 2018
Susanto Basu, Susanto Basu and Brent Bundick
National Bureau of Economic Research (NBER)Boston College, College of Arts and Sciences, Department of Economics and Federal Reserve Bank of Kansas City
Downloads 33 (575,017)
Citation 120

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Uncertainty Shocks, Monetary Policy, Sticky-Price Models

22.

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 2021
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 27 (610,677)
Citation 8

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23.

Aggregate Productivity and the Productivity of Aggregates

NBER Working Paper No. w5382
Number of pages: 51 Posted: 11 Jul 2000 Last Revised: 17 Sep 2021
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 25 (623,916)

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24.

Intermediate Goods and Business Cycles: Implications for Productivity and Welfare

NBER Working Paper No. w4817
Number of pages: 40 Posted: 01 Sep 2010 Last Revised: 01 Sep 2021
Susanto Basu and Susanto Basu
National Bureau of Economic Research (NBER)Boston College, College of Arts and Sciences, Department of Economics
Downloads 18 (673,435)
Citation 15

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25.

Whither News Shocks?

NBER Working Paper No. w20666
Number of pages: 57 Posted: 10 Nov 2014 Last Revised: 20 Dec 2021
robert barsky, Susanto Basu, Susanto Basu, Robert Barsky and Keyoung Lee
affiliation not provided to SSRN, National Bureau of Economic Research (NBER)Boston College, College of Arts and Sciences, Department of Economics, Research Department, Federal Reserve Bank of Chicago and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 12 (719,508)
Citation 5

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26.

Allocative and Remitted Wages: New Facts and Challenges for Keynesian Models

NBER Working Paper No. w22279
Number of pages: 72 Posted: 24 May 2016 Last Revised: 17 Nov 2021
Susanto Basu, Susanto Basu and Christopher L. House
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 4 (783,449)
Citation 7

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27.

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

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productivity, business cycles, markups

28.

Corruption and Reform

The Davidson Institute Working Paper Series No. 55
Posted: 20 Jul 1998
Susanto Basu, Susanto Basu and David D. Li
National Bureau of Economic Research (NBER)Boston College, College of Arts and Sciences, Department of Economics and Hong Kong University of Science & Technology (HKUST) - Department of Economics

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29.

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

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