Mordecai Kurz

Stanford University - Department of Economics

Landau Economics Building

579 Serra Mall

Stanford, CA 94305-6072

United States

  • Stanford University - Department of Economics

SCHOLARLY PAPERS

16

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19

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52

Scholarly Papers (16)

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1.

Endogenous Uncertainty in a General Equilibrium Model with Price Contingent Contracts

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Citation 1

Endogenous Uncertainty in a General Equilibrium Model with Price Contingent Contracts

Number of pages: 56 Posted: 01 Feb 1997
Mordecai Kurz and Ho-Mou Wu
Stanford University - Department of Economics and National Taiwan University - Department of International Business
Downloads 2,190 (9,551)
Citation 1

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Endogenous Uncertainty in a General Equilibrium Model with Price Contingent Contracts

ECONOMIC THEORY, Vol. 8, No. 3, November 1996
Posted: 05 Feb 1997
Mordecai Kurz and Ho-Mou Wu
Stanford University - Department of Economics and National Taiwan University - Department of International Business

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2.

The Equity Premium is No Puzzle

Stanford University Dept. of Economics WP# 96-004
Number of pages: 55 Posted: 18 Dec 1996
Mordecai Kurz and Andrea Beltratti
Stanford University - Department of Economics and Bocconi University - Department of Finance
Downloads 1,577 (16,454)
Citation 14

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3.

Endogenous Uncertainty and Market Volatility

Number of pages: 56 Posted: 19 Jul 1999
Mordecai Kurz and Maurizio Motolese
Stanford University - Department of Economics and Catholic University of Milan
Downloads 1,269 (22,846)
Citation 20

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4.

Endogenous Uncertainty: A Unified View of Market Volatility

97-027
Number of pages: 39 Posted: 08 Feb 1998
Mordecai Kurz
Stanford University - Department of Economics
Downloads 949 (34,696)
Citation 2

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5.

On the Formation of Capital and Wealth: IT, Monopoly Power and Rising Inequality

Number of pages: 55 Posted: 07 Aug 2017 Last Revised: 11 May 2018
Mordecai Kurz
Stanford University - Department of Economics
Downloads 685 (53,983)
Citation 7

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surplus wealth; Information Technology; monopoly pricing power; income inequality; wealth inequality; relative shares; monopoly surplus; monopolistic competition; technical change and TFP.

6.

Rational Diverse Beliefs and Economic Volatility

HANDBOOK IN FINANCIAL ECONOMICS, Dynamics and Evolution of Financial Markets, Forthcoming
Number of pages: 77 Posted: 05 Nov 2007 Last Revised: 15 Feb 2008
Mordecai Kurz
Stanford University - Department of Economics
Downloads 370 (113,965)

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Market Volatility, Diverse Beliefs, Noisy REE, Private Information, Rational Beliefs, Rational Overconfidence, Equity Risk Premium, Market States of Belief, Bayesian updating, Money Non Neutrality, Propagation Mechanism, Optimism, Pessimism, Non Stationarity, Endogenous Uncertainty

7.

Social States of Belief and the Determinants of the Equity Risk Premium in a Rational Belief Equilibrium

97-026
Number of pages: 70 Posted: 08 Feb 1998
Mordecai Kurz
Stanford University - Department of Economics
Downloads 271 (158,432)
Citation 6

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8.

Diverse Beliefs and Time Variability of Risk Premia

Number of pages: 43 Posted: 06 Dec 2007
Mordecai Kurz and Maurizio Motolese
Stanford University - Department of Economics and Catholic University of Milan
Downloads 203 (208,958)
Citation 4

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Risk premium, heterogenous beliefs, market state of belief, asset pricing, Bayesian learning, updating beliefs, Rational Beliefs

9.

Endogenous Fluctuations and the Role of Monetary Policy

Number of pages: 56 Posted: 28 Feb 2002
Mordecai Kurz, Hehui Jin and Maurizio Motolese
Stanford University - Department of Economics, Stanford University and Catholic University of Milan
Downloads 159 (257,997)
Citation 2

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10.

A New Keynesian Model with Diverse Beliefs

Number of pages: 62 Posted: 05 Oct 2011
Mordecai Kurz
Stanford University - Department of Economics
Downloads 152 (267,519)
Citation 13

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new Keynesian, diverse beliefs, market belief, Bayesian learning, updating beliefs, rational beliefs, monetary policy rule

11.

The Role of Expectations in Economic Fluctuations and the Efficacy of Monetary Policy

Number of pages: 54 Posted: 20 Dec 2003
Mordecai Kurz, Hehui Jin and Maurizio Motolese
Stanford University - Department of Economics, Stanford University and Catholic University of Milan
Downloads 146 (276,305)
Citation 9

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Monetary policy rules, Money non neutrality, Business cycles, Market volatility, Propagation mechanism, Capacity utilization, Heterogenous beliefs, Over confidence, Rational Belief, Optimism; Pessimism, Non stationarity, Empirical distribution

12.

Beauty Contests Under Private Information and Diverse Beliefs: How Different?

Journal of Mathematical Economics, 2007
Number of pages: 38 Posted: 27 Oct 2007
Mordecai Kurz
Stanford University - Department of Economics
Downloads 97 (370,048)
Citation 2

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private information, Bayesian learning, updating beliefs, heterogenous beliefs, asset pricing, Rational Beliefs.

13.

Monetary Policy with Diverse Private Expectations

CESifo Working Paper Series No. 5252
Number of pages: 47 Posted: 09 Apr 2015
Mordecai Kurz, Maurizio Motolese, Giulia Piccillo and Howei Wu
Stanford University - Department of Economics, Catholic University of Milan, Maastricht University and Shanghai University of Finance and Economics
Downloads 39 (578,431)

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New Keynesian Model, heterogeneous beliefs, market state of belief, rational beliefs, monetary policy rule

14.

A Strategic Theory of Inflation

NBER Working Paper No. w0379
Number of pages: 71 Posted: 22 Feb 2001 Last Revised: 17 Jul 2022
Mordecai Kurz
Stanford University - Department of Economics
Downloads 34 (606,157)

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15.

Stabilizing Wage Policy

Number of pages: 76 Posted: 31 May 2015
Mordecai Kurz
Stanford University - Department of Economics
Downloads 17 (727,383)
Citation 1

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New Keynesian Model; wage scale; reference wage; inflexible wages; sticky prices; heterogenous beliefs; market belief; Rational Beliefs; Great Recession; Depression; monetary policy; Stabilizing Wage Policy

16.

Asset Prices with Rational Beliefs

Stanford Working Paper #96-003
Posted: 11 Dec 1996
Mordecai Kurz
Stanford University - Department of Economics

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