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

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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 501 (57,246)
Citation 5

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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 357 ( 85,877)
Citation 1

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 357 (85,216)
Citation 1

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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 307 (101,555)
Citation 3

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commodity prices, inflation forecasts, inflation targeting

4.

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 221 (142,692)

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5.

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 206 (152,531)
Citation 1

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

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 164 (187,097)
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 152 (199,552)
Citation 3

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
National Bureau of Economic Research (NBER) and University of Washington - Institute for Economic Research
Downloads 89 (297,209)
Citation 3

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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: 12 Oct 2010
Joshua Aizenman and Stephen J. Turnovsky
National Bureau of Economic Research (NBER) and University of Washington - Institute for Economic Research
Downloads 37 (460,474)

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

The Economic Journal, Vol. 112, pp. 107-132, 2002
Number of pages: 26 Posted: 06 Nov 2002
Joshua Aizenman and Stephen J. Turnovsky
National Bureau of Economic Research (NBER) and University of Washington - Institute for Economic Research
Downloads 26 (518,192)
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Reserve Requirements on Sovereign Debt in the Presence of Moral Hazard -- on Debtors or Creditors?

Economic Journal, pp. 107-132, January 2002
Posted: 19 Apr 2002
Joshua Aizenman and Stephen J. Turnovsky
National Bureau of Economic Research (NBER) and University of Washington - Institute for Economic Research

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Foreign Direct Investment, Financial Crisis, Capital controls

8.

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 131 (225,114)

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Growth, Income and Wealth Inequality, Kuznets' Curve

9.

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 116 (246,635)
Citation 1

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

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 114 (249,692)
Citation 1

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Social Security, Growth, Demography

11.

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

Downloads 99 (275,391)
Citation 10

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

CESifo Working Paper No. 1423
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 86 (303,787)
Citation 1

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excludable and non-excludable public goods, congestion, growth

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

Economica, Vol. 73, No. 292, pp. 725-748, November 2006
Number of pages: 24 Posted: 12 Oct 2006
Ingrid Ott and Stephen J. Turnovsky
University of Lueneburg - Department of Economics and University of Washington - Institute for Economic Research
Downloads 13 (604,760)
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12.

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 81 (312,460)
Citation 1

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Demography, Growth, Overlapping Generations

13.

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 65 (353,281)
Citation 49

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14.

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 61 (365,053)

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demography, growth, overlapping generations

15.

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 2010
Jonathan Eaton and Stephen J. Turnovsky
Leonard N. Stern School of Business - Department of Economics and University of Washington - Institute for Economic Research
Downloads 59 (371,011)
Citation 1

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16.

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 54 (387,047)
Citation 1

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Endogenous Growth, Income Inequality, Open Economy

17.

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 52 (393,569)

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inequality, income mobility, endogenous labor supply, transitional dynamics

18.

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 2010
Partha Sen and Stephen J. Turnovsky
University of Delhi - School of Economics and University of Washington - Institute for Economic Research
Downloads 43 (425,939)
Citation 1

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19.

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 2010
Jonathan Eaton and Stephen J. Turnovsky
Leonard N. Stern School of Business - Department of Economics and University of Washington - Institute for Economic Research
Downloads 37 (450,290)
Citation 1

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20.

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 33 (467,790)

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21.

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 32 (472,445)

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anticipated consumption, capital accumulation

22.

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 31 (477,263)
Citation 5

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23.

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: 01 Jan 2002
Stephen J. Turnovsky
University of Washington - Institute for Economic Research
Downloads 27 (497,679)

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24.

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: 02 Jan 2002
Stephen J. Turnovsky
University of Washington - Institute for Economic Research
Downloads 27 (497,679)
Citation 2

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25.

Dynamic Status Effects, Savings, and Income Inequality

Number of pages: 50 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 26 (503,267)
Citation 1

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Status preferences, saving rate, growth, inequality

26.

Investment Tax Credit in an Open Economy

NBER Working Paper No. w3298
Number of pages: 32 Posted: 03 Jul 2007 Last Revised: 14 Jul 2010
Partha Sen and Stephen J. Turnovsky
University of Delhi - School of Economics and University of Washington - Institute for Economic Research
Downloads 26 (503,267)
Citation 6

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27.

Elasticity of Substitution and the Persistence of the Deviation of the Real Exchange Rates

Review of Development Economics, Vol. 10, No. 3, pp. 411-433, August 2006
Number of pages: 23 Posted: 15 Jan 2007
AKM Mahbub Morshed and Stephen J. Turnovsky
Southern Illinois University at Carbondale - Department of Economics and University of Washington - Institute for Economic Research
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28.

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: 09 Aug 2010
Partha Sen and Stephen J. Turnovsky
University of Delhi - School of Economics and University of Washington - Institute for Economic Research
Downloads 25 (508,787)
Citation 1

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29.

The Dynamics of Temporary Policies in a Small Open Economy

Review of International Economics, Vol. 10, pp. 604-622, 2002
Number of pages: 19 Posted: 26 Jan 2003
Stefan Schubert and Stephen J. Turnovsky
Ludwig Maximilian University of Munich (LMU) - Faculty of Economics and University of Washington - Institute for Economic Research
Downloads 25 (508,787)
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30.

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
Philip philiplbrock.com Brock and Stephen J. Turnovsky
University of Washington - Department of Economics and University of Washington - Institute for Economic Research
Downloads 24 (514,563)

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31.

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 2010
Stephen J. Turnovsky
University of Washington - Institute for Economic Research
Downloads 24 (514,563)

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32.

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 24 (514,563)

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33.

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 2010
Robert B. Campbell and Stephen J. Turnovsky
Independent and University of Washington - Institute for Economic Research
Downloads 24 (514,563)

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34.

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
Philip philiplbrock.com Brock and Stephen J. Turnovsky
University of Washington - Department of Economics and University of Washington - Institute for Economic Research
Downloads 23 (520,363)

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35.

Optimal Tariffs in Consistent Conjectural Variations Equilibrium

NBER Working Paper No. w1872
Number of pages: 17 Posted: 22 Jun 2004 Last Revised: 15 Aug 2010
Stephen J. Turnovsky
University of Washington - Institute for Economic Research
Downloads 22 (526,313)

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36.

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

NBER Working Paper No. w1586
Number of pages: 32 Posted: 09 Jun 2004
Richard C. Marston and Stephen J. Turnovsky
University of Pennsylvania - Finance Department and University of Washington - Institute for Economic Research
Downloads 22 (526,313)

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37.

Imported Materials Prices, Wage Policy, and Macroeconomic Stabilization

NBER Working Paper No. w1254
Number of pages: 31 Posted: 26 May 2004
Richard C. Marston and Stephen J. Turnovsky
University of Pennsylvania - Finance Department and University of Washington - Institute for Economic Research
Downloads 22 (526,313)

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38.

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: 18 Apr 2008
Patrick K. Asea and Stephen J. Turnovsky
affiliation not provided to SSRN and University of Washington - Institute for Economic Research
Downloads 22 (526,313)

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39.

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: 27 Jun 2010
Earl L. Grinols and Stephen J. Turnovsky
Baylor University - Department of Economics and University of Washington - Institute for Economic Research
Downloads 21 (532,225)

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40.

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

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

Review of International Economics, Vol. 13, No. 1, pp. 20-44, February 2005
Number of pages: 25 Posted: 05 Feb 2005
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 21 (550,205)
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Financing Public Investment Through Foreign Aid: Consequences for Economic Growth and Welfare

Review of International Economics, Vol. 13, No. 1, pp. 20-44, 2005
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

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

41.

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: 12 Sep 2010
Stephen J. Turnovsky and Marcelo Bianconi
University of Washington - Institute for Economic Research and Tufts University - Department of Economics
Downloads 20 (538,191)
Citation 1

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42.

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: 15 Aug 2010
Stephen J. Turnovsky and Vasco d'Orey
University of Washington - Institute for Economic Research and Independent
Downloads 20 (538,191)

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43.

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: 13 Sep 2010
Stephen J. Turnovsky
University of Washington - Institute for Economic Research
Downloads 20 (538,191)

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44.

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 2010
Stephen J. Turnovsky
University of Washington - Institute for Economic Research
Downloads 20 (538,191)

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45.

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 2010
Stephen J. Turnovsky and Partha Sen
University of Washington - Institute for Economic Research and University of Delhi - School of Economics
Downloads 20 (538,191)

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46.

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
Stephen J. Turnovsky
University of Washington - Institute for Economic Research
Downloads 20 (538,191)
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47.

Scale, Congestion and Growth

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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 20 (556,803)
Citation 2

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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

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48.

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 19 (544,394)
Citation 1

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49.

Optimal Monetary Policy in an Open Economy

NBER Working Paper No. w2018
Number of pages: 37 Posted: 10 Jul 2007 Last Revised: 11 Jul 2010
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 18 (550,453)

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50.

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 Jun 2010
Stephen J. Turnovsky and Vasco d'Orey
University of Washington - Institute for Economic Research and Independent
Downloads 18 (550,453)

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51.

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: 13 Aug 2007
Stephen J. Turnovsky
University of Washington - Institute for Economic Research
Downloads 17 (556,555)

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52.

Tariffs and Sectoral Adjustments in an Open Economy

NBER Working Paper No. w3315
Number of pages: 48 Posted: 25 Jul 2007 Last Revised: 26 Jul 2010
Stephen J. Turnovsky
University of Washington - Institute for Economic Research
Downloads 16 (562,470)

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53.

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 15 (568,688)
Citation 1

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54.

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 2010
Stephen J. Turnovsky
University of Washington - Institute for Economic Research
Downloads 15 (568,688)

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55.

Supply Shocks and Optimal Monetary Policy

NBER Working Paper No. w1988
Number of pages: 27 Posted: 04 Jul 2004
Stephen J. Turnovsky
University of Washington - Institute for Economic Research
Downloads 13 (581,470)

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56.

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 2010
Stephen J. Turnovsky
University of Washington - Institute for Economic Research
Downloads 12 (588,074)

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57.

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: 07 Aug 2010
Stephen J. Turnovsky
University of Washington - Institute for Economic Research
Downloads 8 (614,432)

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58.

Trade, Growth, and Environmental Quality

Review of International Economics, Vol. 17, Issue 5, pp. 906-926, November 2009
Number of pages: 21 Posted: 02 Nov 2009
Sibel Sirakaya, Stephen J. Turnovsky and Nedim M. Alemdar
affiliation not provided to SSRN, University of Washington - Institute for Economic Research and Bilkent University - Department of Economics
Downloads 2 (659,056)
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59.

Closing the Small Open Economy Model: A Demographic Approach

Review of International Economics, Vol. 25, Issue 1, pp. 44-75, 2017
Number of pages: 32 Posted: 04 Jan 2017
David Oxborrow and Stephen J. Turnovsky
University of Washington and University of Washington - Institute for Economic Research
Downloads 1 (670,971)
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60.

Stabilization Theory and Policy: 50 Years after the Phillips Curve

Economica, Vol. 78, Issue 309, pp. 67-88, 2009
Number of pages: 22 Posted: 24 Jan 2011
Stephen J. Turnovsky
University of Washington - Institute for Economic Research
Downloads 1 (670,971)
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61.

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

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Intertemporal Substitution, Risk Aversion, Stochastic growth

62.

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

Macroeconomic Dynamics, Forthcoming
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

63.

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

Journal of Public Economic Theory, Vol. 6, No. 2, pp. 277-310, May 2004
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

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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

Journal of the Japanese and International Economies, Vol. 16, No. 4, pp. 405-35, December 2002
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

European Economic Review, Vol. 47, No. 6, pp. 1077-1103, December 2003
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

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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

Journal of Public Economic Theory, Vol 2, No. 4, October 2000
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

REVIEW OF DEVELOPMENT ECONOMICS
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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