Fernando Alvarez

University of Chicago - Department of Economics

Professor

1126 East 59th Street

Social Science Building, Room 442

Chicago, IL 60637

United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

  • University of Chicago - Department of Economics

    • Email
    • Tel: 773-702-4412
    • Fax: 773-702-8490
SCHOLARLY PAPERS

41

DOWNLOADS
Rank 34,165

SSRN RANKINGS

Top 34,165

in Total Papers Downloads

1,875

SSRN CITATIONS
Rank 955

SSRN RANKINGS

Top 955

in Total Papers Citations

508

CROSSREF CITATIONS

702

Scholarly Papers (41)

Actions:
Email selected abstracts
1.

A Simple Planning Problem for COVID-19 Lockdown

Downloads 498 ( 74,219)
Citation 71

A Simple Planning Problem for COVID-19 Lockdown

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2020-34
Number of pages: 31 Posted: 07 Apr 2020
Fernando Alvarez, David Argente and Francesco Lippi
University of Chicago - Department of Economics, Pennsylvania State University and University of Sassari
Downloads 477 (77,469)
Citation 9

Abstract:

Loading...

A Simple Planning Problem for Covid-19 Lockdown

NBER Working Paper No. w26981
Number of pages: 35 Posted: 13 Apr 2020 Last Revised: 22 Sep 2021
Fernando Alvarez, David Argente and Francesco Lippi
University of Chicago - Department of Economics, Pennsylvania State University and Einaudi Institute for Economics and Finance (EIEF)
Downloads 18 (695,913)
Citation 2

Abstract:

Loading...

A Simple Planning Problem for COVID-19 Lockdown

Number of pages: 26 Posted: 08 May 2020
Fernando Alvarez, David Argente and Francesco Lippi
University of Chicago - Department of Economics, Pennsylvania State University and LUISS university
Downloads 3 (824,719)
Citation 72
  • Add to Cart

Abstract:

Loading...

Dynamic programming, epidemic control, lockdown, Quarantine

2.

Financial Innovation and the Transactions Demand for Cash

Downloads 203 (194,160)
Citation 59

Financial Innovation and the Transactions Demand for Cash

Econometrica, Forthcoming
Number of pages: 41 Posted: 18 Dec 2008
Fernando Alvarez and Francesco Lippi
University of Chicago - Department of Economics and Università degli Studi di Sassari
Downloads 139 (268,708)

Abstract:

Loading...

money demand, technological progress, inventory models

Financial Innovation and the Transactions Demand for Cash

NBER Working Paper No. w13416
Number of pages: 50 Posted: 21 Sep 2007 Last Revised: 28 Feb 2021
Fernando Alvarez and Francesco Lippi
University of Chicago - Department of Economics and University of Sassari
Downloads 59 (463,950)
Citation 6

Abstract:

Loading...

Financial Innovation and the Transactions Demand for Cash

Number of pages: 49 Posted: 30 May 2008
Fernando Alvarez and Francesco Lippi
University of Chicago - Department of Economics and University of Sassari
Downloads 5 (806,944)
Citation 4
  • Add to Cart

Abstract:

Loading...

inventory models, money demand, technological progress

3.

Fixed Term Employment Contracts in an Equilibrium Search Model

Downloads 123 (293,713)
Citation 3

Fixed Term Employment Contracts in an Equilibrium Search Model

Federal Reserve Bank of Chicago Working Paper No. 2005-14
Number of pages: 81 Posted: 13 Dec 2005
Fernando Alvarez and Marcelo Veracierto
University of Chicago - Department of Economics and Federal Reserve Bank of Chicago - Research Department
Downloads 98 (345,934)
Citation 1

Abstract:

Loading...

fixed term contracts, temporary contracts, severance payments

Fixed-Term Employment Contracts in an Equilibrium Search Model

NBER Working Paper No. w12791
Number of pages: 73 Posted: 24 Dec 2006 Last Revised: 15 Dec 2021
Fernando Alvarez and Marcelo Veracierto
University of Chicago - Department of Economics and Federal Reserve Bank of Chicago - Research Department
Downloads 25 (641,813)

Abstract:

Loading...

4.

Consumer Surplus of Alternative Payment Methods: Paying Uber with Cash

Downloads 91 (359,875)
Citation 2

Consumer Surplus of Alternative Payment Methods: Paying Uber with Cash

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2019-96
Number of pages: 48 Posted: 02 Oct 2019 Last Revised: 02 Dec 2020
Fernando Alvarez and David Argente
University of Chicago - Department of Economics and Pennsylvania State University
Downloads 85 (378,842)
Citation 2

Abstract:

Loading...

Cash, Credit, Money Demand, Consumer Surplus, Means of Payments

Consumer Surplus of Alternative Payment Methods: Paying Uber with Cash

NBER Working Paper No. w28133
Number of pages: 47 Posted: 01 Dec 2020 Last Revised: 18 Nov 2021
Fernando Alvarez and David Argente
University of Chicago - Department of Economics and Pennsylvania State University
Downloads 6 (798,368)
  • Add to Cart

Abstract:

Loading...

5.

Models of Idea Flows

NBER Working Paper No. w14135
Number of pages: 14 Posted: 30 Jun 2008 Last Revised: 16 Aug 2021
Fernando Alvarez, Francisco J. Buera and Robert E. Lucas
University of Chicago - Department of Economics, Washington University in St. Louis and University of Chicago - Department of Economics
Downloads 75 (403,571)

Abstract:

Loading...

6.

General Equilibrium Analysis of the Eaton-Kortum Model of International Trade

NBER Working Paper No. w11764
Number of pages: 74 Posted: 08 Feb 2006 Last Revised: 25 Aug 2021
Fernando Alvarez and Robert E. Lucas
University of Chicago - Department of Economics and University of Chicago - Department of Economics
Downloads 74 (406,621)
Citation 27

Abstract:

Loading...

7.

Cash-Management in Times of COVID-19

Number of pages: 40 Posted: 08 Jun 2021
Fernando Alvarez and David Argente
University of Chicago - Department of Economics and Pennsylvania State University
Downloads 62 (446,233)

Abstract:

Loading...

COVID-19, Cash, Means of Payments

8.

Search and Rest Unemployment

NBER Working Paper No. w13772
Number of pages: 53 Posted: 08 Feb 2008 Last Revised: 20 Aug 2021
Fernando Alvarez and Robert Shimer
University of Chicago - Department of Economics and University of Chicago - Department of Economics
Downloads 60 (453,336)
Citation 3

Abstract:

Loading...

9.

Price Setting with Menu Cost for Multi-Product Firms

Downloads 52 (484,041)
Citation 46

Price Setting with Menu Cost for Multi-Product Firms

Number of pages: 65 Posted: 25 Feb 2012
Fernando Alvarez and Francesco Lippi
University of Chicago - Department of Economics and University of Sassari
Downloads 41 (544,320)

Abstract:

Loading...

menu cost, economies of scope in price changes, optimal control in multiple dimensions, fixed costs, quasi-variational inequalities, monetary shocks, impulse responses

Price Setting with Menu Cost for Multi-Product Firms

NBER Working Paper No. w17923
Number of pages: 66 Posted: 25 Mar 2012 Last Revised: 23 Dec 2021
Fernando Alvarez and Francesco Lippi
University of Chicago - Department of Economics and Università degli Studi di Sassari
Downloads 11 (754,791)
Citation 9

Abstract:

Loading...

Price Setting with Menu Cost for Multi-Product Firms

Number of pages: 68 Posted: 01 Mar 2012
Fernando Alvarez and Francesco Lippi
University of Chicago - Department of Economics and University of Sassari
Downloads 0
Citation 21
  • Add to Cart

Abstract:

Loading...

economies of scope in price changes, fixed costs, impulse responses, menu cost, monetary shocks, optimal control in multiple dimensions, quasi-variational inequalities

10.

Asset Pricing When Risk Sharing is Limited by Default

NBER Working Paper No. w6476
Number of pages: 77 Posted: 15 Jul 2000 Last Revised: 14 Mar 2021
Fernando Alvarez and Urban J. Jermann
University of Chicago - Department of Economics and University of Pennsylvania - Finance Department
Downloads 50 (492,405)

Abstract:

Loading...

11.

On the Sluggish Response of Prices to Money in an Inventory-Theoretic Model of Money Demand

NBER Working Paper No. w10016
Number of pages: 47 Posted: 10 Oct 2003 Last Revised: 16 May 2021
Fernando Alvarez, Andrew Atkeson and Chris Edmond
University of Chicago - Department of Economics, University of California, Los Angeles (UCLA) - Department of Economics and New York University
Downloads 45 (514,230)

Abstract:

Loading...

12.

The Size of the Permanent Component of Asset Pricing Kernels

NBER Working Paper No. w8360
Number of pages: 61 Posted: 28 Jun 2001 Last Revised: 06 Nov 2021
Fernando Alvarez and Urban J. Jermann
University of Chicago - Department of Economics and University of Pennsylvania - Finance Department
Downloads 45 (514,230)

Abstract:

Loading...

13.

Using Asset Prices to Measure the Cost of Business Cycles

Downloads 40 (537,961)
Citation 14

Using Asset Prices to Measure the Cost of Business Cycles

NBER Working Paper No. w7978
Number of pages: 68 Posted: 22 Oct 2000 Last Revised: 21 Oct 2021
Fernando Alvarez and Urban J. Jermann
University of Chicago - Department of Economics and University of Pennsylvania - Finance Department
Downloads 40 (549,552)
Citation 14

Abstract:

Loading...

Using Asset Prices to Measure the Cost of Business Cycles

Posted: 02 Nov 2004
Fernando Alvarez and Urban J. Jermann
University of Chicago - Department of Economics and University of Pennsylvania - Finance Department

Abstract:

Loading...

14.

Idea Flows, Economic Growth, and Trade

NBER Working Paper No. w19667
Number of pages: 54 Posted: 23 Nov 2013 Last Revised: 27 Sep 2021
Fernando Alvarez, Francisco J. Buera and Robert E. Lucas
University of Chicago - Department of Economics, Washington University in St. Louis and University of Chicago - Department of Economics
Downloads 38 (547,879)
Citation 17

Abstract:

Loading...

15.

Quantitative Asset Pricing Implications of Endogenous Solvency Constraints

Downloads 37 (552,991)

Quantitative Asset Pricing Implications of Endogenous Solvency Constraints

NBER Working Paper No. w6953
Number of pages: 71 Posted: 08 Mar 1999 Last Revised: 06 Jul 2018
Fernando Alvarez and Urban J. Jermann
University of Chicago - Department of Economics and University of Pennsylvania - Finance Department
Downloads 37 (565,591)

Abstract:

Loading...

Quantitative Asset Pricing Implications of Endogenous Solvency Constraints

Posted: 19 Sep 2001
Fernando Alvarez and Urban J. Jermann
University of Chicago - Department of Economics and University of Pennsylvania - Finance Department

Abstract:

Loading...

16.

Cash Burns: An Inventory Model with a Cash-Credit Choice

Downloads 36 (558,298)
Citation 12

Cash Burns: An Inventory Model with a Cash-Credit Choice

Becker Friedman Institute for Research in Economics Working Paper No. 2017-06
Number of pages: 47 Posted: 07 Apr 2017
Fernando Alvarez and Francesco Lippi
University of Chicago - Department of Economics and Università degli Studi di Sassari
Downloads 28 (620,497)

Abstract:

Loading...

Cash Burns: An Inventory Model with a Cash-Credit Choice

NBER Working Paper No. w21110
Number of pages: 42 Posted: 20 Apr 2015 Last Revised: 06 Sep 2021
Fernando Alvarez and Francesco Lippi
University of Chicago - Department of Economics and Università degli Studi di Sassari
Downloads 8 (780,885)
Citation 10

Abstract:

Loading...

17.

Money and Exchange Rates in the Grossman-Weiss-Rotemberg Model

NBER Working Paper No. w5678
Number of pages: 38 Posted: 21 Oct 1996 Last Revised: 07 Jan 2022
Fernando Alvarez and Andrew Atkeson
University of Chicago - Department of Economics and University of California, Los Angeles (UCLA) - Department of Economics
Downloads 33 (574,395)
Citation 1

Abstract:

Loading...

18.

Money, Interest Rates, and Exchange Rates with Endogenously Segmented Asset Markets

Downloads 32 (579,859)

Money, Interest Rates, and Exchange Rates with Endogenously Segmented Asset Markets

NBER Working Paper No. w7871
Number of pages: 40 Posted: 01 Sep 2000 Last Revised: 03 Jan 2022
Fernando Alvarez, Andrew Atkeson and Patrick J. Kehoe
University of Chicago - Department of Economics, University of California, Los Angeles (UCLA) - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department
Downloads 32 (594,573)

Abstract:

Loading...

Money, Interest Rates, and Exchange Rates with Endogenously Segmented Asset Markets

Posted: 10 Jun 2002
Fernando Alvarez, Andrew Atkeson and Patrick J. Kehoe
University of Chicago - Department of Economics, University of California, Los Angeles (UCLA) - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department

Abstract:

Loading...

19.

The Analytic Theory of a Monetary Shock

Downloads 31 (585,544)

The Analytic Theory of a Monetary Shock

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2021-21
Number of pages: 37 Posted: 16 Feb 2021
Fernando Alvarez and Francesco Lippi
University of Chicago - Department of Economics and University of Sassari
Downloads 30 (607,124)

Abstract:

Loading...

The Analytic Theory of a Monetary Shock

NBER Working Paper No. w28464
Number of pages: 36 Posted: 15 Feb 2021 Last Revised: 18 Nov 2021
Fernando Alvarez and Francesco Lippi
University of Chicago - Department of Economics and Einaudi Institute for Economics and Finance (EIEF)
Downloads 1 (849,271)
  • Add to Cart

Abstract:

Loading...

20.

Mandatory Disclosure and Financial Contagion

NBER Working Paper No. w21328
Number of pages: 50 Posted: 13 Jul 2015 Last Revised: 11 Oct 2021
Fernando Alvarez and Gadi Barlevy
University of Chicago - Department of Economics and Federal Reserve Bank of Chicago
Downloads 28 (603,735)
Citation 5

Abstract:

Loading...

21.

Optimal Price Setting with Observation and Menu Costs

Downloads 26 (616,553)
Citation 68

Optimal Price Setting with Observation and Menu Costs

NBER Working Paper No. w15852
Number of pages: 82 Posted: 29 Mar 2010 Last Revised: 25 Oct 2021
Fernando Alvarez, Francesco Lippi and Luigi Paciello
University of Chicago - Department of Economics, Università degli Studi di Sassari and Einaudi Institute for Economics and Finance (EIEF)
Downloads 23 (656,793)

Abstract:

Loading...

Optimal Price Setting with Observation and Menu Costs

Number of pages: 37 Posted: 19 Jul 2010
Fernando Alvarez, Francesco Lippi and Luigi Paciello
University of Chicago - Department of Economics, University of Sassari and Einaudi Institute for Economics and Finance (EIEF)
Downloads 3 (824,719)
Citation 13
  • Add to Cart

Abstract:

Loading...

menu cost, observation costs, sticky prices

22.

Money and Interest Rates with Endogeneously Segmented Markets

Downloads 24 (630,179)

Money and Interest Rates with Endogeneously Segmented Markets

NBER Working Paper No. w7060
Number of pages: 38 Posted: 09 Jun 1999 Last Revised: 18 Apr 2021
Fernando Alvarez, Andrew Atkeson and Patrick J. Kehoe
University of Chicago - Department of Economics, University of California, Los Angeles (UCLA) - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department
Downloads 24 (649,278)
Citation 3

Abstract:

Loading...

Money and Interest Rates with Endogeneously Segmented Markets

Posted: 17 Aug 2008
Fernando Alvarez, Andrew Atkeson and Patrick J. Kehoe
University of Chicago - Department of Economics, University of California, Los Angeles (UCLA) - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department

Abstract:

Loading...

Liquidity Effects, Yield Curve, Term Structure of Interest Rates

23.

The Macroeconomics of Sticky Prices with Generalized Hazard Functions

Downloads 22 (644,139)
Citation 1

The Macroeconomics of Sticky Prices with Generalized Hazard Functions

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2020-90
Number of pages: 49 Posted: 07 Jul 2020
Fernando Alvarez, Francesco Lippi and Aleksei Oskolkov
University of Chicago - Department of Economics, Einaudi Institute for Economics and Finance (EIEF) and University of Chicago
Downloads 19 (687,954)
Citation 1

Abstract:

Loading...

The Macroeconomics of Sticky Prices with Generalized Hazard Functions

NBER Working Paper No. w27434
Number of pages: 49 Posted: 29 Jun 2020 Last Revised: 18 Dec 2021
Fernando Alvarez, Francesco Lippi and Aleksei Oskolkov
University of Chicago - Department of Economics, Einaudi Institute for Economics and Finance (EIEF) and University of Chicago
Downloads 3 (824,719)

Abstract:

Loading...

24.

Durable Consumption and Asset Management with Transaction and Observation Costs

Downloads 20 (658,259)
Citation 52

Durable Consumption and Asset Management with Transaction and Observation Costs

NBER Working Paper No. w15835
Number of pages: 59 Posted: 22 Mar 2010 Last Revised: 09 Oct 2021
Fernando Alvarez, Luigi Guiso, Luigi Guiso and Francesco Lippi
University of Chicago - Department of Economics, Einaudi Institute for Economics and FinanceEinaudi Institute for Economics and Finance (EIEF) and Università degli Studi di Sassari
Downloads 18 (695,913)

Abstract:

Loading...

Durable Consumption and Asset Management with Transaction and Observation Costs

Number of pages: 61 Posted: 01 Mar 2010
Fernando Alvarez, Luigi Guiso, Luigi Guiso and Francesco Lippi
University of Chicago - Department of Economics, Einaudi Institute for Economics and FinanceEinaudi Institute for Economics and Finance (EIEF) and University of Sassari
Downloads 2 (835,617)
Citation 21
  • Add to Cart

Abstract:

Loading...

attention costs, durable goods, household finance, liquidity choice

25.

Small and Large Price Changes and the Propagation of Monetary Shocks

Downloads 19 (665,496)
Citation 2

Small and Large Price Changes and the Propagation of Monetary Shocks

Number of pages: 104 Posted: 20 Jun 2014
Fernando Alvarez, Hervé le Bihan and Francesco Lippi
University of Chicago - Department of Economics, Banque de France - Centre de Recherche and University of Sassari
Downloads 15 (720,308)

Abstract:

Loading...

price setting, micro evidence, size-distribution of price changes, kurtosis of price changes, menu-cost, Calvo pricing rule, output response to monetary shocks

Small and Large Price Changes and the Propagation of Monetary Shocks

NBER Working Paper No. w20155
Number of pages: 49 Posted: 26 May 2014 Last Revised: 29 Jul 2021
Fernando Alvarez, Hervé le Bihan and Francesco Lippi
University of Chicago - Department of Economics, Banque de France - Centre de Recherche and Università degli Studi di Sassari
Downloads 4 (815,600)

Abstract:

Loading...

Small and Large Price Changes and the Propagation of Monetary Shocks

Number of pages: 75 Posted: 02 Dec 2013
Fernando Alvarez, Hervé le Bihan and Francesco Lippi
University of Chicago - Department of Economics, Banque de France - Centre de Recherche and University of Sassari
Downloads 0
  • Add to Cart

Abstract:

Loading...

Calvo pricing rule, distribution of price changes, menu cost, micro evidence, monetary shocks, rice setting

26.

Persistent Liquidity Effects and Long Run Money Demand

Downloads 17 (680,041)
Citation 9

Persistent Liquidity Effects and Long Run Money Demand

NBER Working Paper No. w17566
Number of pages: 62 Posted: 04 Nov 2011 Last Revised: 01 Jan 2022
Fernando Alvarez and Francesco Lippi
University of Chicago - Department of Economics and Università degli Studi di Sassari
Downloads 15 (720,308)
Citation 1

Abstract:

Loading...

Persistent Liquidity Effects and Long Run Money Demand

Number of pages: 63 Posted: 24 Nov 2011
Fernando Alvarez and Francesco Lippi
University of Chicago - Department of Economics and University of Sassari
Downloads 2 (835,617)
Citation 2
  • Add to Cart

Abstract:

Loading...

money demand

27.

Empirical Investigation of a Sufficient Statistic for Monetary Shocks

Banque de France Working Paper No. 839
Number of pages: 94 Posted: 25 Oct 2021
Fernando Alvarez, Andrea Ferrara, Erwan Gautier, Hervé le Bihan and Francesco Lippi
University of Chicago - Department of Economics, affiliation not provided to SSRN, Banque de France - Centre de Recherche, Banque de France - Centre de Recherche and LUISS university
Downloads 15 (694,996)

Abstract:

Loading...

Impulse Response Function, Monetary Shocks, Sticky Prices, Sufficient Statistic

28.

Decomposing Duration Dependence in a Stopping Time Model

NBER Working Paper No. w22188
Number of pages: 72 Posted: 25 Apr 2016 Last Revised: 18 Aug 2021
Fernando Alvarez, Katarína Borovičková and Robert Shimer
University of Chicago - Department of Economics, New York University (NYU) - Department of Economics and University of Chicago - Department of Economics
Downloads 13 (710,803)
Citation 1

Abstract:

Loading...

29.

On the Effects of the Availability of Means of Payments: The Case of Uber

Downloads 12 (718,782)

On the Effects of the Availability of Means of Payments: The Case of Uber

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2020-173
Number of pages: 45 Posted: 03 Dec 2020
Fernando Alvarez and David Argente
University of Chicago - Department of Economics and Pennsylvania State University
Downloads 9 (772,142)

Abstract:

Loading...

On the Effects of the Availability of Means of Payments: The Case of Uber

NBER Working Paper No. w28145
Number of pages: 44 Posted: 01 Dec 2020 Last Revised: 27 Nov 2021
Fernando Alvarez and David Argente
University of Chicago - Department of Economics and Pennsylvania State University
Downloads 3 (824,719)
  • Add to Cart

Abstract:

Loading...

30.

Monetary Shocks in Models with Inattentive Producers

NBER Working Paper No. w20817
Number of pages: 57 Posted: 05 Jan 2015 Last Revised: 19 Nov 2021
Fernando Alvarez, Francesco Lippi and Luigi Paciello
University of Chicago - Department of Economics, Università degli Studi di Sassari and Einaudi Institute for Economics and Finance (EIEF)
Downloads 12 (718,782)
Citation 5

Abstract:

Loading...

31.

Consistent Evidence on Duration Dependence of Price Changes

Downloads 11 (726,637)

Consistent Evidence on Duration Dependence of Price Changes

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2021-91
Number of pages: 75 Posted: 30 Jul 2021
Fernando Alvarez, Katarína Borovičková and Robert Shimer
University of Chicago - Department of Economics, New York University (NYU) - Department of Economics and University of Chicago - Department of Economics
Downloads 9 (772,142)

Abstract:

Loading...

Consistent Evidence on Duration Dependence of Price Changes

NBER Working Paper No. w29112
Number of pages: 75 Posted: 02 Aug 2021 Last Revised: 18 Nov 2021
Fernando Alvarez, Katarína Borovičková and Robert Shimer
University of Chicago - Department of Economics, New York University (NYU) - Department of Economics and University of Chicago - Department of Economics
Downloads 2 (835,617)
  • Add to Cart

Abstract:

Loading...

Consistent Evidence on Duration Dependence of Price Changes

Number of pages: 77 Posted: 22 Sep 2021
Fernando Alvarez, Katarína Borovicková and Robert Shimer
University of Chicago - Department of Economics, New York University (NYU) - New York University and University of Chicago - Department of Economics
Downloads 0
  • Add to Cart

Abstract:

Loading...

baseline hazard, GMM, Mixed proportional hazard, nominal rigidities, sticky prices, Unobserved heterogeneity

32.

Empirical Investigation of a Sufficient Statistic for Monetary Shocks

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2021-140
Number of pages: 52 Posted: 24 Nov 2021
Fernando Alvarez, Andrea Ferrara, Erwan Gautier, Hervé le Bihan and Francesco Lippi
University of Chicago - Department of Economics, Northwestern University, Banque de France - Centre de Recherche, Banque de France - Centre de Recherche and LUISS university
Downloads 9 (742,621)

Abstract:

Loading...

33.

The Demand of Liquid Assets with Uncertain Lumpy Expenditures

NBER Working Paper No. w18152
Number of pages: 69 Posted: 16 Jun 2012 Last Revised: 08 Aug 2021
Fernando Alvarez and Francesco Lippi
University of Chicago - Department of Economics and Università degli Studi di Sassari
Downloads 8 (750,677)
Citation 1

Abstract:

Loading...

34.

Empirical Investigation of a Sufficient Statistic for Monetary Shocks

NBER Working Paper No. w29490
Number of pages: 51 Posted: 23 Nov 2021 Last Revised: 27 Nov 2021
Fernando Alvarez, Andrea Ferrara, Erwan Gautier, Hervé le Bihan and Francesco Lippi
University of Chicago - Department of Economics, Northwestern University, Banque de France - Centre de Recherche, Banque de France - Centre de Recherche and Einaudi Institute for Economics and Finance (EIEF)
Downloads 5 (774,716)
  • Add to Cart

Abstract:

Loading...

35.

Are State and Time Dependent Models Really Different?

NBER Working Paper No. w22361
Number of pages: 74 Posted: 20 Jun 2016 Last Revised: 08 Aug 2021
Fernando Alvarez, Francesco Lippi and Juan Passadore
University of Chicago - Department of Economics, Università degli Studi di Sassari and Einaudi Institute for Economics and Finance (EIEF)
Downloads 5 (774,716)
Citation 3

Abstract:

Loading...

36.

Monetary Shocks in a Model with Inattentive Producers

Number of pages: 56 Posted: 01 Feb 2013
Fernando Alvarez, Francesco Lippi and Luigi Paciello
University of Chicago - Department of Economics, University of Sassari and Einaudi Institute for Economics and Finance (EIEF)
Downloads 3 (790,754)
  • Add to Cart

Abstract:

Loading...

impulse responses., inattentiveness, monetary shocks, observation costs

37.

Monetary Shocks with Observation and Menu Costs

Number of pages: 62 Posted: 30 May 2013
Fernando Alvarez, Francesco Lippi and Luigi Paciello
University of Chicago - Department of Economics, University of Sassari and Einaudi Institute for Economics and Finance (EIEF)
Downloads 1 (812,133)
Citation 2
  • Add to Cart

Abstract:

Loading...

impulse responses, inattentiveness, monetary shocks, sticky prices

38.

Temporary Price Changes, Inflation Regimes and the Propagation of Monetary Shocks

Number of pages: 82 Posted: 29 Jan 2018
Fernando Alvarez and Francesco Lippi
University of Chicago - Department of Economics and University of Sassari
Downloads 0 (829,731)
  • Add to Cart

Abstract:

Loading...

menu cost models, price flexibility, price plans, reference prices, sticky prices, temporary price changes

39.

Sluggish Responses of Prices and Inflation to Monetary Shocks in an Inventory Model of Money Demand

Posted: 26 Nov 2008
Fernando Alvarez, Andrew Atkeson and Chris Edmond
University of Chicago - Department of Economics, University of California, Los Angeles (UCLA) - Department of Economics and New York University

Abstract:

Loading...

money, prices, velocity, interest rates, inflation, asset markets, segmentation

40.

Time-Varying Risk, Interest Rates, and Exchange Rates in General Equilibrium

Posted: 25 Jul 2008
Fernando Alvarez, Andrew Atkeson and Patrick J. Kehoe
University of Chicago - Department of Economics, University of California, Los Angeles (UCLA) - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department

Abstract:

Loading...

Forward Premium Anomaly, Fama Puzzle, Time-Varying Conditional Variances, Asset Pricing-Puzzle, Segmented Markets, Pricing Kernel

41.

Reducing Inflation in Argentina: Mission Impossible?

Posted: 27 Dec 2005
Fernando Alvarez and Stephen P. Zeldes
University of Chicago - Department of Economics and Columbia Business School - Finance and Economics

Abstract:

Loading...

Argentina, inflation, hyperinflation, currency board, budget deficits, financial crisis, exchange rate