Andre Kurmann

Drexel University

Professor

School of Economics

3141 Chestnut St

Philadelphia, PA 19104

United States

  • Drexel University

SCHOLARLY PAPERS

25

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2,284

SSRN CITATIONS
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Top 5,780

in Total Papers Citations

167

CROSSREF CITATIONS

122

Scholarly Papers (25)

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1.

Measuring Small Business Dynamics and Employment with Private-Sector Real-Time Data

Number of pages: 50 Posted: 05 Aug 2021 Last Revised: 28 Jul 2023
Andre Kurmann, Etienne Lalé and Lien Ta
Drexel University, York University - Faculty of Liberal Arts & Professional Studies and Drexel University - Bennett S. LeBow College of Business
Downloads 577 (82,642)
Citation 25

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Small business activity; Sample turnover versus business openings/closings; Matching records; COVID-19; Paycheck Protection Program; Federal Pandemic Unemployment Compensation

2.

News Shocks and the Slope of the Term Structure of Interest Rates

Downloads 232 (227,109)
Citation 36

News Shocks and the Slope of the Term Structure of Interest Rates

CIRPEE Working Paper 10-05
Number of pages: 42 Posted: 11 Feb 2010
Andre Kurmann and Chris Otrok
Drexel University and University of Missouri
Downloads 127 (381,833)
Citation 8

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Term structure of interest rates, news, productivity shocks, business cycles, monetary policy

News Shocks and the Slope of the Term Structure of Interest Rates

Federal Reserve Bank of St. Louis Working Paper No. 2012-011B
Number of pages: 28 Posted: 12 Apr 2012 Last Revised: 07 Dec 2012
Andre Kurmann and Chris Otrok
Drexel University and University of Missouri
Downloads 105 (440,144)
Citation 20

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News Shocks, Term Structure, Vector Autoregression (VAR)

3.

School Closures and Effective In-Person Learning during COVID-19: When, Where, and for Whom

Downloads 168 (303,898)
Citation 4

School Closures and Effective In-Person Learning during COVID-19: When, Where, and for Whom

Number of pages: 46 Posted: 07 Feb 2022
Andre Kurmann and Etienne Lalé
Drexel University and York University - Faculty of Liberal Arts & Professional Studies
Downloads 88 (495,942)

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COVID-19; School closures and reopenings; Effective in-person learning; Inequality

School Closures and Effective In-Person Learning during COVID-19

Number of pages: 18 Posted: 16 Nov 2021 Last Revised: 26 May 2023
Andre Kurmann and Etienne Lalé
Drexel University and York University - Faculty of Liberal Arts & Professional Studies
Downloads 74 (551,491)
Citation 3

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COVID-19; School closures and reopenings; Effective in-person learning; Inequality

School Closures and Effective In-Person Learning During COVID-19: When, Where, and for Whom

IZA Discussion Paper No. 14984
Number of pages: 54 Posted: 19 May 2022
Andre Kurmann and Etienne Lalé
Drexel University and York University - Faculty of Liberal Arts & Professional Studies
Downloads 6 (1,056,149)
Citation 2

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COVID-19, school closures and reopenings, effective in-person learning, inequality

4.

Downward Nominal Wage Rigidity in the United States: New Evidence From Worker-Firm Linked Data

Drexel University School of Economics Working Paper Series WP 2019-01
Number of pages: 50 Posted: 06 Mar 2019
Andre Kurmann and Erika McEntarfer
Drexel University and U.S. Census Bureau
Downloads 140 (353,237)
Citation 24

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Downward Nominal Wage Rigidity; Administrative Worker-Firm Linked Data; Labor Cost and Employment; Great Recession

5.

Fair Wages in a New Keynesian Model of the Business Cycle

Downloads 122 (392,317)
Citation 31

Fair Wages in a New Keynesian Model of the Business Cycle

CIRPEE Working Paper No. 03-20
Number of pages: 48 Posted: 19 Jun 2003
Jean-Pierre Danthine and Andre Kurmann
University of Lausanne - Institute of Banking and Finance (IBF) and Drexel University
Downloads 109 (428,274)
Citation 4

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Efficiency wages, Business cycles, Sticky prices, Persistence

Fair Wages in a New Keynesian Model of the Business Cycle

Number of pages: 44 Posted: 08 Aug 2002
Jean-Pierre Danthine and Andre Kurmann
University of Lausanne - Institute of Banking and Finance (IBF) and Drexel University
Downloads 13 (987,631)
Citation 2
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Efficiency wages, business cycles, sticky prices, persistence

6.

Search Frictions in Physical Capital Markets as a Propagation Mechanism

CIRPEE Working Paper 07-12
Number of pages: 44 Posted: 14 May 2007
Andre Kurmann and Nicolas Petrosky-Nadeau
Drexel University and University of Quebec at Montreal (UQAM) - Department of Economics
Downloads 121 (394,740)
Citation 8

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Capital allocation frictions, search and matching, credit frictions, business cycles, dynamic general equilibrium

7.

Maximum Likelihood Estimation of Dynamic Stochastic Theories with an Application to New Keynesian Pricing

Downloads 110 (423,098)
Citation 7

Maximum Likelihood Estimation of Dynamic Stochastic Theories with an Application to New Keynesian Pricing

Number of pages: 37 Posted: 30 Sep 2004
Andre Kurmann
Drexel University
Downloads 110 (425,385)
Citation 7

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Maximum Likelihood, Rational Expectations, New Keynesian Phillips Curve, Inflation, Real marginal cost

Maximum Likelihood Estimation of Dynamic Stochastic Theories with an Application to New Keynesian Pricing

CIRPEE Working Paper No. 04-21
Posted: 12 Oct 2004
Andre Kurmann
Drexel University

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Maximum Likelihood, Rational Expectations, New Keynesian Phillips Curve, Inflation, Real Marginal Cost

8.

Predictable Forecast Errors in Full-Information Rational Expectations Models with Regime Shifts

Number of pages: 64 Posted: 07 Jun 2022 Last Revised: 28 Sep 2023
Ina Hajdini and Andre Kurmann
Federal Reserve Bank of Cleveland and Drexel University
Downloads 109 (425,936)
Citation 4

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Rational Expectations, Markov Regime Shifts, Forecasting Errors, Survey of Professional Forecasters

9.

Expectations and the Term Structure of Interest Rates: Evidence and Implications

FRB Richmond Economic Quarterly, vol. 88, no. 4, Fall 2002, pp. 49-95
Number of pages: 47 Posted: 02 Dec 2012
Robert G. King and Andre Kurmann
Boston University - Department of Economics and Drexel University
Downloads 89 (488,035)

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10.

The Impact of COVID-19 on Small Business Dynamics and Employment: Real-time Estimates With Homebase Data

Number of pages: 53 Posted: 06 Mar 2023
Andre Kurmann, Etienne Lalé and Lien Ta
Drexel University, York University - Faculty of Liberal Arts & Professional Studies and Drexel University - Bennett S. LeBow College of Business
Downloads 69 (570,247)
Citation 3

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Economics of small and medium enterprises, Labor turnover, Sampling bias, Matched data, COVID-19, Sector policies

11.

Stock Prices, News, and Economic Fluctuations: Comment

FEDS Working Paper No. 2013-08
Number of pages: 44 Posted: 06 Apr 2013
Andre Kurmann and Elmar Mertens
Drexel University and Deutsche Bundesbank
Downloads 69 (565,741)
Citation 10

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Vector Error Correction Model, long-run restrictions, news shocks

12.

Reciprocity in Labor Relations: Evidence from a Field Experiment with Long-Term Relationships

CIRPEE Working Paper No. 11-27
Number of pages: 41 Posted: 13 Sep 2011
Matthieu Chemin, Joost de Laat and Andre Kurmann
affiliation not provided to SSRN, The World Bank - Strategic Impact Evaluation Fund (SIEF) and Drexel University
Downloads 67 (574,708)
Citation 4

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Reciprocity, Gift exchange, Efficiency wages, Field experiment

13.

Quantifying the Uncertainty About the Fit of a New Keynesian Pricing Model: Extended Version

CIRPEE Working Paper No. 03-44
Number of pages: 38 Posted: 15 Jan 2004
Andre Kurmann
Drexel University
Downloads 61 (602,711)
Citation 7

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Inflation, New Keynesian pricing, real marginal cost

14.

The Great Increase in Relative Volatility of Real Wages in Ithe United States

CIRPEE Working Paper 10-10
Number of pages: 46 Posted: 28 Feb 2010
Julien Champagne and Andre Kurmann
University of Quebec at Montreal (UQAM) and Drexel University
Downloads 58 (617,955)
Citation 8

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Wage volatility, business cycles, great moderation, current population survey, dynamic stochastic general equilibrium models

15.

The Business Cycle Implications of Reciprocity in Labor Relations

CIRPEE Working Paper 07-43
Number of pages: 50 Posted: 27 Nov 2007
Jean-Pierre Danthine and Andre Kurmann
University of Lausanne - Institute of Banking and Finance (IBF) and Drexel University
Downloads 52 (650,091)
Citation 3

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Efficiency wages, Reciprocity, Estimated DSGE models

16.

Holdups and Overinvestment in Physical Capital Markets

CIRPEE Working Paper No. 09-04
Number of pages: 53 Posted: 02 Feb 2009
Andre Kurmann
Drexel University
Downloads 51 (655,716)
Citation 1

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Holdup problems, trading frictions, investment, strategic bargaining

17.

The Fiscal and Welfare Effects of Policy Responses to the Covid-19 School Closures

Downloads 37 (745,111)
Citation 4

The Fiscal and Welfare Effects of Policy Responses to the Covid-19 School Closures

NBER Working Paper No. w29398
Number of pages: 67 Posted: 25 Oct 2021 Last Revised: 12 May 2023
Nicola Fuchs-Schündeln, Dirk Krueger, Andre Kurmann, Etienne Lalé, Alexander Ludwig and Irina Popova
Goethe University Frankfurt, University of Pennsylvania, Drexel University, York University - Faculty of Liberal Arts & Professional Studies, Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA) and Goethe University Frankfurt
Downloads 21 (904,285)
Citation 1

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The Fiscal and Welfare Effects of Policy Responses to the COVID-19 School Closures

Number of pages: 69 Posted: 07 Feb 2022
Admin SSRN au/at CIRANO, Nicola Fuchs-Schündeln, Dirk Krueger, Andre Kurmann, Etienne Lalé, Irina Popova and Alexander Ludwig
CIRANO, Goethe University Frankfurt, University of Pennsylvania, Drexel University, York University - Faculty of Liberal Arts & Professional Studies, Goethe University Frankfurt and Goethe University Frankfurt
Downloads 16 (955,468)

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COVID-19, school closures, inequality, intergenerational persistence

The Fiscal and Welfare Effects of Policy Responses to the COVID-19 School Closures

CEPR Discussion Paper No. DP16663
Number of pages: 69 Posted: 15 Nov 2021
Nicola Fuchs-Schündeln, Dirk Krueger, Andre Kurmann, Etienne Lalé, Alexander Ludwig and Irina Popova
Goethe University Frankfurt, University of Pennsylvania, Drexel University, York University - Faculty of Liberal Arts & Professional Studies, Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA) and Goethe University Frankfurt
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Citation 3
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COVID-19, Inequality, Intergenerational Persistence, School Closures

18.

Reconciling the Divergence in Aggregate U.S. Wage Series

IZA Discussion Paper No. 9754
Number of pages: 45 Posted: 07 Mar 2016
Julien Champagne, Andre Kurmann and Jay Stewart
Government of Canada - Bank of Canada, Drexel University and Bureau of Labor Statistics
Downloads 32 (782,221)
Citation 1

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comparison of hourly earnings data, earnings trends, earnings volatility

19.

Measuring Small Business Dynamics and Employment with Private-Sector Real-Time Data

IZA Discussion Paper No. 15515
Number of pages: 103 Posted: 31 Aug 2022
Andre Kurmann, Etienne Lalé and Lien Ta
Drexel University, York University - Faculty of Liberal Arts & Professional Studies and Drexel University
Downloads 31 (798,144)

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small business activity, sample turnover versus business openings/closings, matching records, COVID-19, Paycheck Protection Program

20.

Revisions in Utilization-Adjusted TFP and Robust Identification of News Shocks

NBER Working Paper No. w23142
Number of pages: 55 Posted: 13 Feb 2017 Last Revised: 27 Mar 2022
Andre Kurmann and Eric R. Sims
Drexel University and University of Michigan at Ann Arbor
Downloads 31 (790,164)
Citation 15

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21.

Asset Value Contsraints in Models of Incomplete Factor Taxation

CIRPEE Working Paper 09-49
Number of pages: 15 Posted: 13 Nov 2009
David M. Arseneau, Sanjay K. Chugh and Andre Kurmann
Board of Governors of the Federal Reserve System, University of Maryland and Drexel University
Downloads 26 (831,177)

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Ramsey equilibrium, incomplete factor taxation

22.

Efficiency Wages Revisited: The Internal Reference Perspective

Number of pages: 36 Posted: 08 Sep 2004
Jean-Pierre Danthine and Andre Kurmann
University of Lausanne - Institute of Banking and Finance (IBF) and Drexel University
Downloads 13 (953,840)
Citation 4
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Efficiency wages, wage rigidity, rent-sharing, reciprocity

23.

The Macroeconomic Consequences of Reciprocity in Labor Relations

CEPR Discussion Paper No. 5174
Number of pages: 37 Posted: 25 Aug 2005
Jean-Pierre Danthine and Andre Kurmann
University of Lausanne - Institute of Banking and Finance (IBF) and Drexel University
Downloads 12 (963,651)
Citation 3
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Reciprocity, rent-sharing, efficiency wages, wage rigidity

24.

Disincentive Effects of Unemployment Insurance Benefits

FRB Richmond Working Paper No. 23-11
Number of pages: 67 Posted: 15 Nov 2023
Andreas Hornstein, Marios Karabarbounis and Andre Kurmann
Federal Reserve Bank of Richmond, Federal Reserve Banks - Federal Reserve Bank of Richmond and Drexel University
Downloads 6 (1,016,791)

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Unemployment Insurance, Disincentive Effects, search and matching models

25.

The Business Cycle Implications of Reciprocity in Labour Relations

CEPR Discussion Paper No. DP6587
Number of pages: 52 Posted: 06 Jun 2008
Jean-Pierre Danthine and Andre Kurmann
University of Lausanne - Institute of Banking and Finance (IBF) and Drexel University
Downloads 1 (1,052,519)
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Efficiency wages, Estimated DSGE models, Reciprocity