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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    • Tel: 206-685-8028
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SCHOLARLY PAPERS

73

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Scholarly Papers (73)

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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 565 (67,985)
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 371 (111,950)
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 371 (111,129)
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 326 (129,041)
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 271 (156,234)
Citation 3

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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 228 (184,869)

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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 176 (233,673)
Citation 5

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Public expenditure, growth, nonlinearities, welfare analysis

7.

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 140 (281,791)

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Growth, Income and Wealth Inequality, Kuznets' Curve

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 140 (281,791)
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.

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

Downloads 132 (294,767)
Citation 4

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 93 (378,260)
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: 21 Feb 2021
Joshua Aizenman and Stephen J. Turnovsky
University of Southern California - Department of Economics and University of Washington - Institute for Economic Research
Downloads 39 (583,660)

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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

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 124 (308,856)
Citation 4

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Social Security, Growth, Demography

11.

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

Downloads 105 (346,862)
Citation 2

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 92 (380,881)
Citation 2

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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 (777,632)

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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 98 (362,988)
Citation 49

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13.

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 94 (372,606)
Citation 1

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Demography, Growth, Overlapping Generations

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 74 (429,017)

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

15.

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 72 (435,465)

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demography, growth, overlapping generations

16.

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: 12 Mar 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 62 (470,258)
Citation 1

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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 61 (474,021)
Citation 2

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Endogenous Growth, Income Inequality, Open Economy

18.

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 56 (493,361)
Citation 1

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inequality, income mobility, endogenous labor supply, transitional dynamics

19.

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

Number of pages: 56 Posted: 10 Jun 2021 Last Revised: 29 Nov 2021
Yoichi Gokan and Stephen J. Turnovsky
Ritsumeikan University - Department of Economics and University of Washington - Institute for Economic Research
Downloads 53 (505,642)

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

20.

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: 14 Apr 2022
Partha Sen and Stephen J. Turnovsky
University of Delhi - School of Economics and University of Washington - Institute for Economic Research
Downloads 46 (536,577)
Citation 2

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21.

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 41 (560,954)
Citation 5

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22.

The Forward Exchange Market, Speculation, and Exchange Market Intervention

NBER Working Paper No. w1138
Number of pages: 35 Posted: 15 Jul 2004 Last Revised: 11 Feb 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 39 (571,099)
Citation 1

Abstract:

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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 37 (581,567)

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anticipated consumption, capital accumulation

24.

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 36 (587,104)

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25.

Dynamic Status Effects, Savings, and Income Inequality

Downloads 33 (592,745)
Citation 1

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 33 (619,011)
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 Apr 2022
Partha Sen and Stephen J. Turnovsky
University of Delhi - School of Economics and University of Washington - Institute for Economic Research
Downloads 33 (604,087)

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27.

Scale, Congestion and Growth

Downloads 31 (615,909)
Citation 3

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 31 (631,777)
Citation 3

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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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28.

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: 22 Apr 2022
Stephen J. Turnovsky
University of Washington - Institute for Economic Research
Downloads 30 (622,163)

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29.

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 Jun 2022
Stephen J. Turnovsky
University of Washington - Institute for Economic Research
Downloads 30 (622,163)
Citation 2

Abstract:

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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 Last Revised: 20 Apr 2022
Philip philiplbrock.com Brock and Stephen J. Turnovsky
University of Washington - Department of Economics and University of Washington - Institute for Economic Research
Downloads 29 (628,472)

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31.

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 28 (634,971)

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Globalization, skilled labor, unskilled labor, Skill premium

32.

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: 14 Apr 2022
Partha Sen and Stephen J. Turnovsky
University of Delhi - School of Economics and University of Washington - Institute for Economic Research
Downloads 28 (634,971)
Citation 1

Abstract:

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33.

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: 12 Mar 2022
Stephen J. Turnovsky
University of Washington - Institute for Economic Research
Downloads 28 (634,971)

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34.

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 27 (641,565)

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35.

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: 03 Mar 2022
Stephen J. Turnovsky and Marcelo Bianconi
University of Washington - Institute for Economic Research and Tufts University - Department of Economics
Downloads 26 (648,551)

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36.

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
School of Analytics, Finance, and Economics and University of Washington - Institute for Economic Research
Downloads 26 (648,551)

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37.

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 26 (648,551)

Abstract:

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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: 01 Jun 2022
Patrick K. Asea and Stephen J. Turnovsky
affiliation not provided to SSRN and University of Washington - Institute for Economic Research
Downloads 26 (648,551)

Abstract:

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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: 25 Dec 2021
Earl L. Grinols and Stephen J. Turnovsky
Baylor University - Department of Economics and University of Washington - Institute for Economic Research
Downloads 25 (655,457)
Citation 1

Abstract:

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40.

Imported Materials Prices, Wage Policy, and Macroeconomic Stabilization

NBER Working Paper No. w1254
Number of pages: 31 Posted: 26 May 2004 Last Revised: 06 Jun 2022
Richard C. Marston and Stephen J. Turnovsky
University of Pennsylvania - Finance Department and University of Washington - Institute for Economic Research
Downloads 25 (655,457)

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41.

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: 18 Apr 2022
Robert B. Campbell and Stephen J. Turnovsky
Independent and University of Washington - Institute for Economic Research
Downloads 25 (655,457)

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42.

The Dynamics of Temporary Policies in a Small Open Economy

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 (655,457)

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43.

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 25 (655,457)

Abstract:

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44.

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 24 (662,622)

Abstract:

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45.

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: 04 May 2022
Richard C. Marston and Stephen J. Turnovsky
University of Pennsylvania - Finance Department and University of Washington - Institute for Economic Research
Downloads 24 (662,622)

Abstract:

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46.

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: 14 Mar 2021
Stephen J. Turnovsky
University of Washington - Institute for Economic Research
Downloads 23 (669,876)
Citation 1

Abstract:

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47.

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 22 (677,450)
Citation 1

Abstract:

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48.

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: 23 Feb 2022
Stephen J. Turnovsky
University of Washington - Institute for Economic Research
Downloads 22 (677,450)

Abstract:

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49.

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 22 (677,450)
Citation 9

Abstract:

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50.

Optimal Monetary Policy in an Open Economy

NBER Working Paper No. w2018
Number of pages: 37 Posted: 10 Jul 2007 Last Revised: 18 Apr 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 21 (684,907)

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51.

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

Downloads 21 (684,907)

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

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 (706,714)

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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

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: 15 Apr 2022
Stephen J. Turnovsky and Partha Sen
University of Washington - Institute for Economic Research and University of Delhi - School of Economics
Downloads 21 (684,907)

Abstract:

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53.

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 20 (692,480)

Abstract:

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54.

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: 02 May 2021
Stephen J. Turnovsky
University of Washington - Institute for Economic Research
Downloads 20 (692,480)

Abstract:

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55.

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: 20 Apr 2022
Stephen J. Turnovsky and Vasco d'Orey
University of Washington - Institute for Economic Research and Independent
Downloads 20 (692,480)

Abstract:

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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 Jun 2022
Stephen J. Turnovsky
University of Washington - Institute for Economic Research
Downloads 18 (708,002)

Abstract:

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57.

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 16 (724,111)
Citation 1

Abstract:

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58.

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 Mar 2022
Stephen J. Turnovsky
University of Washington - Institute for Economic Research
Downloads 16 (724,111)

Abstract:

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59.

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: 16 Mar 2022
Stephen J. Turnovsky
University of Washington - Institute for Economic Research
Downloads 14 (741,219)

Abstract:

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60.

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 13 (750,108)

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Progressive taxation, Economic growth, Inequality, Heterogeneous agents

61.

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: 31 Jan 2021
Stephen J. Turnovsky
University of Washington - Institute for Economic Research
Downloads 10 (777,308)

Abstract:

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62.

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 2 (858,590)
Citation 1

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63.

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 (858,590)

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64.

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 (872,692)
Citation 1

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65.

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

66.

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

Abstract:

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

67.

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

68.

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

Abstract:

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Deficit, Public Policy, Public Capital, Surplus

69.

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

70.

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

71.

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

Abstract:

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72.

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

Abstract:

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73.

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

Abstract:

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