Stephen J. Turnovsky

University of Washington - Institute for Economic Research

Seattle, WA 98195

United States

CESifo (Center for Economic Studies and Ifo Institute)

Poschinger Str. 5

Munich, DE-81679

Germany

  • University of Washington - Institute for Economic Research

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SCHOLARLY PAPERS

69

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Scholarly Papers (69)

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1.

Infrastructure and Inequality

Number of pages: 35 Posted: 05 Mar 2008 Last Revised: 14 Jan 2013
Santanu Chatterjee and Stephen J. Turnovsky
University of Georgia - C. Herman and Mary Virginia Terry College of Business - Department of Economics and University of Washington - Institute for Economic Research
Downloads 597 (76,529)
Citation 9

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Infrastructure, Public investment, Inequality, Equity, Distribution, Economic Growth, Fiscal Policy

2.

Foreign Aid and Economic Growth: The Role of Flexible Labor Supply

Downloads 395 (125,832)
Citation 3

Foreign Aid and Economic Growth: The Role of Flexible Labor Supply

Number of pages: 41 Posted: 04 Aug 2003
Santanu Chatterjee and Stephen J. Turnovsky
University of Georgia - C. Herman and Mary Virginia Terry College of Business - Department of Economics and University of Washington - Institute for Economic Research
Downloads 395 (124,722)
Citation 3

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Foreign aid, International transfers, Endogenous labor, Economic growth, Public investment

Foreign Aid and Economic Growth: the Role of Flexible Labor Supply

Journal of Development Economics, Forthcoming
Posted: 08 Jun 2006
Santanu Chatterjee and Stephen J. Turnovsky
University of Georgia - C. Herman and Mary Virginia Terry College of Business - Department of Economics and University of Washington - Institute for Economic Research

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Foreign aid, International transfers, Endogenous labor, Economic growth, Public investment

3.

Forecasting Inflation Using Commodity Price Aggregates

Number of pages: 48 Posted: 01 Oct 2011
Yu-Chin Chen, Stephen J. Turnovsky and Eric Zivot
University of Washington - Department of Economics, University of Washington - Institute for Economic Research and University of Washington - Department of Economics
Downloads 361 (139,275)
Citation 3

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commodity prices, inflation forecasts, inflation targeting

4.

Remittances and the Informal Economy

Number of pages: 52 Posted: 26 Oct 2014 Last Revised: 16 Jun 2017
Santanu Chatterjee and Stephen J. Turnovsky
University of Georgia - C. Herman and Mary Virginia Terry College of Business - Department of Economics and University of Washington - Institute for Economic Research
Downloads 334 (151,412)
Citation 6

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Remittances, informal sector, real exchange rate, Dutch Disease, collateral effect, capital mobility, labor mobility

5.

Growth, External Debt and Sovereign Risk in a Small Open Economy

IMF Working Paper No. 89/54
Number of pages: 40 Posted: 15 Feb 2006
Jagdeep S. Bhandari, Nadeem Ul Haque and Stephen J. Turnovsky
Wake Forest University - School of Law, Pakistan Institute of Development Economics and University of Washington - Institute for Economic Research
Downloads 245 (208,184)

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6.

How Misleading is Linearization? Evaluating the Dynamics of the Neoclassical Growth Model

Number of pages: 46 Posted: 14 Feb 2008 Last Revised: 18 Aug 2009
Manoj Atolia, Santanu Chatterjee and Stephen J. Turnovsky
Florida State University - Department of Economics, University of Georgia - C. Herman and Mary Virginia Terry College of Business - Department of Economics and University of Washington - Institute for Economic Research
Downloads 194 (259,105)
Citation 5

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Public expenditure, growth, nonlinearities, welfare analysis

7.

Reserve Requirements on Sovereign Debt in the Presence of Moral Hazard -- on Debtors or Creditors?

Downloads 168 (294,065)
Citation 2

Reserve Requirements on Sovereign Debt in the Presence of Moral Hazard -- on Debtors or Creditors?

UCSC Dept. of Economics Working Paper No. 495
Number of pages: 33 Posted: 29 Oct 2001
Joshua Aizenman and Stephen J. Turnovsky
University of Southern California - Department of Economics and University of Washington - Institute for Economic Research
Downloads 118 (390,517)
Citation 4

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Foreign Direct Investment, Financial Crisis, Capital controls

Reserve Requirements on Sovereign Debt in the Presence of Moral Hazard -- on Debtors or Creditors?

NBER Working Paper No. w7004
Number of pages: 36 Posted: 08 Apr 1999 Last Revised: 22 Aug 2022
Joshua Aizenman and Stephen J. Turnovsky
University of Southern California - Department of Economics and University of Washington - Institute for Economic Research
Downloads 50 (652,026)

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Reserve Requirements on Sovereign Debt in the Presence of Moral Hazard -- on Debtors or Creditors?

Posted: 19 Apr 2002
Joshua Aizenman and Stephen J. Turnovsky
University of Southern California - Department of Economics and University of Washington - Institute for Economic Research

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Foreign Direct Investment, Financial Crisis, Capital controls

8.

Foreign Aid and Real Exchange Rate Adjustments in a Financially Constrained Dependent Economy

IMF Working Paper No. 08/204
Number of pages: 47 Posted: 12 Sep 2008
Serpil Tekin, Stephen J. Turnovsky and Valerie Cerra
University of Washington, University of Washington - Institute for Economic Research and International Monetary Fund (IMF)
Downloads 160 (306,373)
Citation 2

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Working Paper, Aid flows, Real effective exchange rates, Imports, Fiscal policy, External debt, Capital accumulation, Trade, Economic models

9.

Growth and Inequality: Dependence on the Time Path of Productivity Increases (and Other Structural Changes)

Number of pages: 37 Posted: 05 Jan 2009 Last Revised: 07 Sep 2011
Manoj Atolia, Santanu Chatterjee and Stephen J. Turnovsky
Florida State University - Department of Economics, University of Georgia - C. Herman and Mary Virginia Terry College of Business - Department of Economics and University of Washington - Institute for Economic Research
Downloads 152 (319,965)

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Growth, Income and Wealth Inequality, Kuznets' Curve

10.

Social Security, Growth, and Welfare in Overlapping Generations Economies With or Without Annuities

Number of pages: 39 Posted: 12 Jun 2012
Neil Bruce and Stephen J. Turnovsky
University of Washington - Department of Economics and University of Washington - Institute for Economic Research
Downloads 141 (339,775)
Citation 6

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Social Security, Growth, Demography

11.

Demography and Growth: A Unified Treatment of Overlapping Generations

Number of pages: 42 Posted: 04 Aug 2011
Neil Bruce and Stephen J. Turnovsky
University of Washington - Department of Economics and University of Washington - Institute for Economic Research
Downloads 133 (355,572)
Citation 1

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Demography, Growth, Overlapping Generations

12.

Growth in an Open Economy: Some Recent Developments

National Bank of Belgium Working Paper No. 5
Number of pages: 74 Posted: 09 Nov 2010
Stephen J. Turnovsky
University of Washington - Institute for Economic Research
Downloads 115 (396,012)
Citation 49

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13.

Government Spending, Budget Policy, and Wealth and Income Inequality in a Growing Monetary Economy

Number of pages: 56 Posted: 10 Jun 2021 Last Revised: 02 Aug 2022
Yoichi Gokan and Stephen J. Turnovsky
Ritsumeikan University - Department of Economics and University of Washington - Institute for Economic Research
Downloads 110 (409,074)

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Government spending, Budget policy, Wealth and income inequality, Growth

14.

Foreign Aid, Public Investment, and the Informal Economy

Number of pages: 40 Posted: 17 Sep 2020
Santanu Chatterjee, Mark Kelly and Stephen J. Turnovsky
University of Georgia - C. Herman and Mary Virginia Terry College of Business - Department of Economics, Baylor University and University of Washington - Institute for Economic Research
Downloads 105 (422,749)

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Foreign Aid, Official Development Assistance, Informal Sector, Real Exchange Rate, Dutch Disease, Capital Mobility, Labor Mobility, Public Investment, Infrastructure

15.

Excludable and Non-Excludable Public Inputs: Consequences for Economic Growth

Number of pages: 40 Posted: 08 Mar 2005
Ingrid Ott and Stephen J. Turnovsky
University of Lueneburg - Department of Economics and University of Washington - Institute for Economic Research
Downloads 102 (431,541)
Citation 2

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excludable and non-excludable public goods, congestion, growth

16.

Fertility and Mortality in a Neoclassical Growth Model

Netspar Discussion Paper No. 01/2011-004
Number of pages: 46 Posted: 07 Feb 2011
Jochen O. Mierau and Stephen J. Turnovsky
University of Groningen and University of Washington - Institute for Economic Research
Downloads 98 (443,465)

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demography, growth, overlapping generations

17.

Growth and Inequality Tradeoffs in a Small Open Economy

Number of pages: 37 Posted: 06 Feb 2009
Yu-Chin Chen and Stephen J. Turnovsky
University of Washington - Department of Economics and University of Washington - Institute for Economic Research
Downloads 80 (503,102)
Citation 2

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Endogenous Growth, Income Inequality, Open Economy

18.

Covered Interest Parity, Uncovered Interest Parity, and Exchange Rate Dynamics

NBER Working Paper No. w0984
Number of pages: 45 Posted: 07 Apr 2004 Last Revised: 11 Sep 2022
Jonathan Eaton and Stephen J. Turnovsky
Leonard N. Stern School of Business - Department of Economics and University of Washington - Institute for Economic Research
Downloads 79 (506,737)
Citation 1

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19.

Income Inequality, Mobility and the Accumulation of Capital

CESifo Working Paper Series No. 4559
Number of pages: 33 Posted: 22 Jan 2014
Cecilia Garcia-Peñalosa and Stephen J. Turnovsky
Aix-Marseille University and University of Washington - Institute for Economic Research
Downloads 74 (526,144)
Citation 2

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inequality, income mobility, endogenous labor supply, transitional dynamics

20.

Convergence Speeds and Transitional Dynamics in Non-Scale Growth Models

Number of pages: 44 Posted: 09 May 2012
Theo S. Eicher and Stephen J. Turnovsky
University of Washington - Department of Economics and University of Washington - Institute for Economic Research
Downloads 59 (591,988)
Citation 5

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21.

Deterioration of the Terms of Trade and Capital Accumulation: a Reexamination of the Laursen-Metzler Effect

NBER Working Paper No. w2616
Number of pages: 33 Posted: 11 Apr 2004 Last Revised: 27 Aug 2022
Partha Sen and Stephen J. Turnovsky
University of Delhi - School of Economics and University of Washington - Institute for Economic Research
Downloads 58 (596,869)
Citation 2

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22.

Economic Growth and Inequality Tradeoffs Under Progressive Taxation

Number of pages: 47 Posted: 02 Apr 2022
Fernando Moraes Carneiro, Stephen J. Turnovsky and Octavio Augusto Fontes Tourinho
Universidade do Estado do Rio de Janeiro, University of Washington - Institute for Economic Research and Universidade do Estado do Rio de Janeiro
Downloads 53 (622,495)
Citation 1

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Progressive taxation, Economic growth, Inequality, Heterogeneous agents

23.

Anticipated Consumption and its Impact on Capital Accumulation and Growth: 'Forward-Looking' vs. 'Backward-Looking' Consumption Reference

CESifo Working Paper Series No. 4536
Number of pages: 48 Posted: 14 Jan 2014
Goncalo Monteiro and Stephen J. Turnovsky
SUNY at Buffalo and University of Washington - Institute for Economic Research
Downloads 53 (622,495)

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anticipated consumption, capital accumulation

24.

The Effects of Globalization on Skilled Labor, Unskilled Labor, and the Skill Premium

Number of pages: 55 Posted: 10 Nov 2021 Last Revised: 07 Jan 2022
Stephen J. Turnovsky and Zinan Wang
University of Washington - Institute for Economic Research and Tianjin University
Downloads 50 (638,794)

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Globalization, skilled labor, unskilled labor, Skill premium

25.

Dynamic Status Effects, Savings, and Income Inequality

Number of pages: 58 Posted: 29 Aug 2017
Evangelos Dioikitopoulos, Stephen J. Turnovsky and Ronald Wendner
King’s College London, University of Washington - Institute for Economic Research and University of Graz - Department of Economics
Downloads 50 (638,794)
Citation 1

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Status preferences, saving rate, growth, inequality

26.

Uncertain Retirement and the Effects of Social Insurance on Savings, Wealth, and Welfare

Economics: The Open-Access, Open-Assessment E-Journal, Vol. 1, 2007-2
Number of pages: 42 Posted: 18 Oct 2010
Stephen J. Turnovsky and Neil Bruce
University of Washington - Institute for Economic Research and University of Washington - Department of Economics
Downloads 49 (644,489)

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27.

Investment Tax Credit in an Open Economy

NBER Working Paper No. w3298
Number of pages: 32 Posted: 03 Jul 2007 Last Revised: 08 Jul 2022
Partha Sen and Stephen J. Turnovsky
University of Delhi - School of Economics and University of Washington - Institute for Economic Research
Downloads 49 (644,489)

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28.

The Forward Exchange Market, Speculation, and Exchange Market Intervention

NBER Working Paper No. w1138
Number of pages: 35 Posted: 15 Jul 2004 Last Revised: 13 Aug 2022
Jonathan Eaton and Stephen J. Turnovsky
Leonard N. Stern School of Business - Department of Economics and University of Washington - Institute for Economic Research
Downloads 49 (644,489)
Citation 1

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29.

Scale, Congestion and Growth

Downloads 43 (679,754)
Citation 4

Scale, Congestion and Growth

Number of pages: 38 Posted: 09 May 2012
Theo S. Eicher and Stephen J. Turnovsky
University of Washington - Department of Economics and University of Washington - Institute for Economic Research
Downloads 43 (695,926)
Citation 4

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Scale, Congestion and Growth

Economica, Vol. 67, No. 267, August 2000
Posted: 16 Sep 2001 Last Revised: 18 Jun 2009
Theo S. Eicher and Stephen J. Turnovsky
University of Washington - Department of Economics and University of Washington - Institute for Economic Research

Abstract:

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30.

Tariffs, Capital Accumulation, and the Current Account in a Small Open Economy

NBER Working Paper No. w2781
Number of pages: 37 Posted: 05 Jul 2004 Last Revised: 08 Aug 2022
Partha Sen and Stephen J. Turnovsky
University of Delhi - School of Economics and University of Washington - Institute for Economic Research
Downloads 42 (685,992)
Citation 1

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31.

Alternative Modes of Deficit Financing and Endogenous Monetary and Fiscal Policy 1923-1982

NBER Working Paper No. w2123
Number of pages: 49 Posted: 17 May 2001 Last Revised: 26 Oct 2022
Stephen J. Turnovsky
University of Washington - Institute for Economic Research
Downloads 42 (685,992)

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32.

The Term Structure of Interest Rates and the Effects of Macroeconomic Policy

NBER Working Paper No. w2902
Number of pages: 33 Posted: 21 May 2000 Last Revised: 08 Dec 2022
Stephen J. Turnovsky
University of Washington - Institute for Economic Research
Downloads 42 (685,992)
Citation 2

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33.

The Choice of Monetary Instrument in Two Interdependent Economies Under Uncertainty

NBER Working Paper No. w2604
Number of pages: 19 Posted: 06 Jul 2004 Last Revised: 20 Apr 2022
Stephen J. Turnovsky and Vasco d'Orey
University of Washington - Institute for Economic Research and Independent
Downloads 41 (692,350)

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34.

Macroeconomic Stabilization Through Taxation and Indexation: the Use Offirm-Specific Information

NBER Working Paper No. w1586
Number of pages: 32 Posted: 09 Jun 2004 Last Revised: 03 Nov 2022
Richard C. Marston and Stephen J. Turnovsky
University of Pennsylvania - Finance Department and University of Washington - Institute for Economic Research
Downloads 40 (698,865)

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35.

The Dependent Economy Model with Both Traded and Non-Traded Capital Goods

NBER Working Paper No. w4500
Number of pages: 43 Posted: 31 Jul 2007 Last Revised: 26 Oct 2022
Philip philiplbrock.com Brock and Stephen J. Turnovsky
University of Washington - Department of Economics and University of Washington - Institute for Economic Research
Downloads 39 (705,409)
Citation 1

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36.

Capital Income Taxation and Risk-Taking in a Small Open Economy

NBER Working Paper No. w6189
Number of pages: 49 Posted: 20 Jul 2000 Last Revised: 01 Dec 2022
Patrick K. Asea and Stephen J. Turnovsky
affiliation not provided to SSRN and University of Washington - Institute for Economic Research
Downloads 39 (705,409)

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37.

The International Transmission of Tax Policies in a Dynamic World Economy

NBER Working Paper No. w4086
Number of pages: 41 Posted: 07 Aug 2007 Last Revised: 02 Sep 2022
Stephen J. Turnovsky and Marcelo Bianconi
University of Washington - Institute for Economic Research and Tufts University - Department of Economics
Downloads 38 (712,217)

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38.

Short-Term and Long-Term Interest Rates in a Monetary Model of a Small Open Economy

NBER Working Paper No. w1716
Number of pages: 33 Posted: 02 Jul 2004 Last Revised: 11 Sep 2022
Stephen J. Turnovsky
University of Washington - Institute for Economic Research
Downloads 38 (712,217)

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39.

An Analysis of the Stabilizing and Welfare Effects of Intervention in Spot and Futures Markets

NBER Working Paper No. w1698
Number of pages: 54 Posted: 15 Mar 2004 Last Revised: 24 Aug 2022
Robert B. Campbell and Stephen J. Turnovsky
Independent and University of Washington - Institute for Economic Research
Downloads 38 (712,217)

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40.

Stochastic Equilibrium and Exchange Rate Determination in a Small Open Economy with Risk Averse Optimizing Agents

NBER Working Paper No. w3651
Number of pages: 44 Posted: 13 Nov 2007 Last Revised: 25 Dec 2022
Earl L. Grinols and Stephen J. Turnovsky
Baylor University - Department of Economics and University of Washington - Institute for Economic Research
Downloads 37 (719,033)
Citation 1

Abstract:

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41.

Optimal Tariffs in Consistent Conjectural Variations Equilibrium

NBER Working Paper No. w1872
Number of pages: 17 Posted: 22 Jun 2004 Last Revised: 13 Feb 2022
Stephen J. Turnovsky
University of Washington - Institute for Economic Research
Downloads 37 (719,033)

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42.

Dynamic Effects of Terms of Trade Shocks: The Impact on Debt and Growth

Number of pages: 31 Posted: 09 May 2012
Theo S. Eicher, Stefan Schubert and Stephen J. Turnovsky
University of Washington - Department of Economics, affiliation not provided to SSRN and University of Washington - Institute for Economic Research
Downloads 35 (732,976)
Citation 2

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43.

Monetary and Fiscal Policy Under Perfect Foresight: a Symmetric Two Country Analysis

NBER Working Paper No. w1699
Number of pages: 39 Posted: 19 Jun 2004 Last Revised: 25 Aug 2022
Stephen J. Turnovsky
University of Washington - Institute for Economic Research
Downloads 35 (732,976)

Abstract:

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44.

Imported Materials Prices, Wage Policy, and Macroeconomic Stabilization

NBER Working Paper No. w1254
Number of pages: 31 Posted: 26 May 2004 Last Revised: 07 Dec 2022
Richard C. Marston and Stephen J. Turnovsky
University of Pennsylvania - Finance Department and University of Washington - Institute for Economic Research
Downloads 35 (732,976)

Abstract:

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45.

Optimal Monetary Policy in an Open Economy

NBER Working Paper No. w2018
Number of pages: 37 Posted: 10 Jul 2007 Last Revised: 09 Jul 2022
Peter J. Stemp and Stephen J. Turnovsky
Australian National University (ANU) - Research School of Social Sciences (RSSS) and University of Washington - Institute for Economic Research
Downloads 34 (740,002)

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46.

Exchange Market Intervention Under Alternative Forms of Exogenous Disturbances

NBER Working Paper No. w1289
Number of pages: 29 Posted: 23 Apr 2004 Last Revised: 12 Jul 2010
Stephen J. Turnovsky
University of Washington - Institute for Economic Research
Downloads 34 (740,002)

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47.

Optimal Monetary Growth with Accomodating Fiscal Policy in a Small Open Economy

NBER Working Paper No. w2084
Number of pages: 26 Posted: 19 Jun 2004 Last Revised: 12 Sep 2022
Stephen J. Turnovsky
University of Washington - Institute for Economic Research
Downloads 33 (747,283)
Citation 1

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48.

The Growth and Welfare Consequences of Differential Tariffs with Endogenously-Supplied Capital and Labor

NBER Working Paper No. w4011
Number of pages: 45 Posted: 02 Jan 2002 Last Revised: 19 Jun 2022
Philip philiplbrock.com Brock and Stephen J. Turnovsky
University of Washington - Department of Economics and University of Washington - Institute for Economic Research
Downloads 33 (747,283)
Citation 1

Abstract:

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49.

Tariffs and Sectoral Adjustments in an Open Economy

NBER Working Paper No. w3315
Number of pages: 48 Posted: 25 Jul 2007 Last Revised: 23 Jan 2022
Stephen J. Turnovsky
University of Washington - Institute for Economic Research
Downloads 30 (770,133)

Abstract:

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50.

Monetary Growth, Inflation, and Economic Activity in a Dynamic Macro Model

NBER Working Paper No. w2133
Number of pages: 31 Posted: 15 Mar 2007 Last Revised: 31 Oct 2022
Stephen J. Turnovsky
University of Washington - Institute for Economic Research
Downloads 30 (770,133)

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51.

Monetary Policies in Interdependent Economies with Stochastic Disturbances: a Strategic Approach

NBER Working Paper No. w1824
Number of pages: 49 Posted: 18 Jun 2004 Last Revised: 28 Dec 2022
Stephen J. Turnovsky and Vasco d'Orey
University of Washington - Institute for Economic Research and Independent
Downloads 30 (770,133)

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52.

Fiscal Policy, Capital Accumulation, and Debt in an Open Economy

NBER Working Paper No. w3489
Number of pages: 37 Posted: 03 May 2004 Last Revised: 16 Jul 2022
Stephen J. Turnovsky and Partha Sen
University of Washington - Institute for Economic Research and University of Delhi - School of Economics
Downloads 30 (770,133)

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53.

Domestic and Foreign Disturbances in an Optimizing Model of Exchange- Rate Determination

NBER Working Paper No. w1407
Number of pages: 37 Posted: 12 Apr 2004 Last Revised: 08 May 2022
Stephen J. Turnovsky
University of Washington - Institute for Economic Research
Downloads 30 (770,133)
Citation 9

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54.

International Capital Markets and Non-Scale Growth

Number of pages: 29 Posted: 09 May 2012
Theo S. Eicher and Stephen J. Turnovsky
University of Washington - Department of Economics and University of Washington - Institute for Economic Research
Downloads 26 (801,676)
Citation 1

Abstract:

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55.

Wage Indexation and Exchange Market Intervention in a Small Open Economy

NBER Working Paper No. w1170
Number of pages: 36 Posted: 04 Jul 2004 Last Revised: 14 Sep 2022
Stephen J. Turnovsky
University of Washington - Institute for Economic Research
Downloads 26 (801,676)

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56.

Supply Shocks and Optimal Monetary Policy

NBER Working Paper No. w1988
Number of pages: 27 Posted: 04 Jul 2004 Last Revised: 09 Dec 2022
Stephen J. Turnovsky
University of Washington - Institute for Economic Research
Downloads 26 (801,676)

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57.

Government Expenditure and Informality in an Emerging Economy: The Recent Experience of India

Number of pages: 35 Posted: 23 Nov 2022
Santanu Chatterjee and Stephen J. Turnovsky
University of Georgia - C. Herman and Mary Virginia Terry College of Business - Department of Economics and University of Washington - Institute for Economic Research
Downloads 23 (827,316)

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Government consumption, public capital, informal sector, real exchange rate, capital mobility, labor mobility.

58.

The Impact of Terms of Trade Shocks on a Small Open Economy: A Stochastic Analysis

NBER Working Paper No. w3916
Number of pages: 34 Posted: 27 Jun 2007 Last Revised: 15 Sep 2022
Stephen J. Turnovsky
University of Washington - Institute for Economic Research
Downloads 23 (827,316)

Abstract:

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59.

Optimal Monetary Policy and Wage Indexation Under Alternative Disturbances and Information Structures

NBER Working Paper No. w2042
Number of pages: 33 Posted: 10 Jul 2007 Last Revised: 01 Aug 2022
Stephen J. Turnovsky
University of Washington - Institute for Economic Research
Downloads 18 (872,559)

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60.

Intertemporal Substitution, Risk Aversion, and Economic Performance in a Stochastically Growing Open Economy

Journal of International Money and Finance, Vol. 22, No. 4, pp. 529-556, August 2006
Posted: 17 Jul 2006
Paola Giuliano and Stephen J. Turnovsky
University of California, Los Angeles (UCLA) - Anderson School of Management and University of Washington - Institute for Economic Research

Abstract:

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Intertemporal Substitution, Risk Aversion, Stochastic growth

61.

The Welfare Gains from Stabilization in a Stochastically Growing Economy with Idiosyncratic Shocks and Flexible Labor Supply

Posted: 19 Jan 2005
Stephen J. Turnovsky and Marcelo Bianconi
University of Washington - Institute for Economic Research and Tufts University - Department of Economics

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Stochastic growth, labor supply, costs of business cycles, asset prices

62.

Financing Public Investment Through Foreign Aid: Consequences for Economic Growth and Welfare

Posted: 12 Dec 2004
Santanu Chatterjee and Stephen J. Turnovsky
University of Georgia - C. Herman and Mary Virginia Terry College of Business - Department of Economics and University of Washington - Institute for Economic Research

Abstract:

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Foreign Aid, External Assistance, Public Investment, Public Capital, Elasticity of Substitution, Growth

63.

Capital Income Taxes and Growth in a Stochastic Economy: A Numerical Analysis of the Role of Risk Aversion and Intertemporal Substitution

Posted: 11 Dec 2004
Santanu Chatterjee, Paola Giuliano and Stephen J. Turnovsky
University of Georgia - C. Herman and Mary Virginia Terry College of Business - Department of Economics, University of California, Los Angeles (UCLA) - Anderson School of Management and University of Washington - Institute for Economic Research

Abstract:

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Recursive Preferences, Stochastic Growth, Time Preference, Risk Aversion, Volatility, Tax Policy

64.

To Spend the U.S. Government Surplus or to Increase the Deficit? A Numerical Analysis of the Policy Options

Posted: 11 Dec 2004
Stephen J. Turnovsky and Santanu Chatterjee
University of Washington - Institute for Economic Research and University of Georgia - C. Herman and Mary Virginia Terry College of Business - Department of Economics

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Deficit, Public Policy, Public Capital, Surplus

65.

Unilateral Capital Transfers, Public Investment, and Economic Growth

Posted: 11 Dec 2004
Santanu Chatterjee, Georgios Sakoulis and Stephen J. Turnovsky
University of Georgia - C. Herman and Mary Virginia Terry College of Business - Department of Economics, Quantitative Management Associates (QMA) LLC and University of Washington - Institute for Economic Research

Abstract:

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Foreign aid, growth, infrastructure, public capital, public investment, international transfers

66.

Fiscal Policy, Elastic Labor Supply, and Endogenous Growth

Journal of Monetary Economics, Vol. 45, Issue 1, February 2000
Posted: 31 Aug 2001
Stephen J. Turnovsky
University of Washington - Institute for Economic Research

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Fiscal policy, Endogenous labor, Growth

67.

Government Policy in a Stochastic Growth Model with Elastic Labor Supply

Posted: 10 Jun 2001
Stephen J. Turnovsky
University of Washington - Institute for Economic Research

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68.

Equilibrium Growth in a Small Economy Facing an Imperfect World Capital Market

Posted: 27 Oct 1999
Stephen J. Turnovsky
University of Washington - Institute for Economic Research

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69.

Risk, Optimal Government Finance, and Monetary Policies in a Growing Economy

University of Washington IER WP 97-10
Posted: 09 Feb 1998
Earl L. Grinols and Stephen J. Turnovsky
Baylor University - Department of Economics and University of Washington - Institute for Economic Research

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