Selected Bibliography for Steven J. Davis

William H. Abbott Distinguished Service Professor of International Business and Economics

Published Works

"Stock Prices and Economic Activity in the Time of Coronavirus." Steven J. Davis, Dingqian Liu and Xuguang Simon Sheng; IMF Economic Review, 2022, 70(1), pp. 32-67.

"Policy Uncertainty in Japan." Elif C. Arbatli Saxegaard, Steven J. Davis, Arata Ito and Naoko Miake; Journal of the Japanese and International Economies, 2022, 64, pp. 101192.

"What to Expect in the Wake of the 2020 U.S. Elections." Steven J. Davis; Seoul Journal of Economics, 2021, 34(1), pp. 17-25.

"Surveying Business Uncertainty." David Altig, Jose Maria Barrero, Nicholas Bloom, Steven J. Davis, Brent Meyer and Nicholas Parker; Journal of Econometrics, 2020.

"COVID-19 Is Also a Reallocation Shock." Jose Maria Barrero, Nicholas Bloom and Steven J. Davis; Brookings Papers on Economic Activity, 2020, 2020(2), pp. 329-83.

"Economic Uncertainty before and During the COVID-19 Pandemic." Dave Altig, Scott Baker, Jose Maria Barrero, Nicholas Bloom, Philip Bunn, Scarlet Chen, Steven J. Davis, Julia Leather, Brent Meyer, Emil Mihaylov, Paul Mizen, Nicholas Parker, Thomas Renault, Pawel Smietanka and Gregory Thwaites; Journal of Public Economics, 2020, 191, pp. 104274.

"The Unprecedented Stock Market Reaction to COVID-19." Scott R. Baker, Nicholas Bloom, Steven J. Davis, Kyle Kost, Marco Sammon and Tasaneeya Viratyosin; The Review of Asset Pricing Studies, 2020, 10(4), pp. 742-58.

"Measuring Economic Policy Uncertainty." Scott R. Baker, Nicholas Bloom and Steven J. Davis; The Quarterly Journal of Economics, 2016, 131(4), pp. 1593-636.

"Private Equity, Jobs, and Productivity." Steven J. Davis, John Haltiwanger, Kyle Handley, Ron Jarmin, Josh Lerner and Javier Miranda; American Economic Review, 2014, 104(12), pp. 3956-90.

"Why Has US Policy Uncertainty Risen since 1960?" Scott R. Baker, Nicholas Bloom, Brandice Canes-Wrone, Steven J. Davis and Jonathan Rodden; American Economic Review, 2014, 104(5), pp. 56-60.

"Occupation-Level Income Shocks and Asset Returns: Their Covariance and Implications for Portfolio Choice." Steven J. Davis and Paul Willen; The Quarterly Journal of Finance, 2013, 03(03n04), pp. 1350011.

"The Establishment-Level Behavior of Vacancies and Hiring*." Steven J. Davis, R. Jason Faberman and John C. Haltiwanger; Quarterly Journal of Economics, 2013, 128(2), pp. 581-622.

"Electricity Unit Value Prices and Purchase Quantities: U.S. Manufacturing Plants, 1963-2000." Steven J. Davis, Cheryl Grim, John Haltiwanger and Mary Streitwieser; Review of Economics and Statistics, 2013, 95(4), pp. 1150-65.

"The Reversal of the Employment-Population Ratio in the 2000s: Facts and Explanations: Comment." Steven J. Davis; Brookings Papers on Economic Activity, 2012, (Fall), pp. 251-54.

"Recruiting Intensity During and after the Great Recession: National and Industry Evidence." Steven J. Davis, R. Jason Faberman and John C. Haltiwanger; American Economic Review, 2012, 102(3), pp. 584-88.

"Labor Market Flows in the Cross Section and over Time." Steven J. Davis, R. Jason Faberman and John Haltiwanger; Journal of Monetary Economics, 2012, 59(1), pp. 1-18.

"Recessions and the Costs of Job Loss." Steven J. Davis and T. Von Wachter; Brookings Papers on Economic Activity, 2011, pp. 1-61.

"Comments and Discussion of 'Job Search, Emotional Well-Being, and Job Finding in a Period of Mass Unemployment: Evidence from High-Frequency Longitudinal Data'." Steven J. Davis and Aysegül Sahin; Brookings Papers on Economic Activity, 2011, pp. 1-81.

"Business Volatility, Job Destruction, and Unemployment." Steven J. Davis, R. Jason Faberman, John Haltiwanger, Ron Jarmin and Javier Miranda; American Economic Journal: Macroeconomics, 2010, 2(2), pp. 259-87.

"War in Iraq Versus Containment," Steven J. Davis, Kevin M. Murphy and Robert H. Topel, in Guns and Butter: The Economic Causes and Consequences of Conflict. G. D. Hess, Cambridge and London: MIT Press, 2009, pp. 203-70.

"Comment on 'Do Tax Cuts Starve the Beast? The Effect of Tax Changes on Government Spending'." Steven J. Davis; Brookings Papers on Economic Activity, 2009, (1), pp. 201-05.

"The Decline of Job Loss and Why It Matters." Steven J. Davis; The American Economic Review, 2008, 98(2), pp. 263-67.

"Interpreting the Great Moderation: Changes in the Volatility of Economic Activity at the Macro and Micro Levels." Steven J. Davis and James A. Kahn; Journal of Economic Perspectives, 2008, 22(4), pp. 155-80.

"Volatility and Dispersion in Business Growth Rates: Publicly Traded Versus Privately Held Firms." Steven J. Davis, John Haltiwanger, Ron Jarmin and Javier Miranda; NBER Macroeconomics Annual, 2006, 21(1), pp. 107-56.

"The Flow Approach to Labor Markets: New Data Sources and Micro-Macro Links." Steven J. Davis, Jason R. Faberman and John Haltiwanger; Journal of Economic Perspectives, 2006, 20(3), pp. 1.

"Borrowing Costs and the Demand for Equity over the Life Cycle." Steven J. Davis, Felix Kubler and Paul Willen; The Review of Economics and Statistics, 2006, 88(2), pp. 348.

"Comment on 'Job Loss, Job Finding, and Unemployment in the U.S. Economy over the Past Fifty Years'." Steven J. Davis; NBER Macroeconomics Annual, 2005, 20(1), pp. 139-57.

"Wage-Setting Institutions as Industrial Policy." Steven J. Davis and Magnus Henrekson; Labour Economics, 2005, 12, pp. 345.

"Entry, Pricing, and Product Design in an Initially Monopolized Market." Steven J. Davis, Kevin M. Murphy and Robert H. Topel; Journal of Political Economy, 2004, 112(1), pp. S188-225.

"Comments on the Welfare Consequences of the Increase in Inequality in the United States." Steven J. Davis; NBER Macroeconomics Annual, 2003, 18, pp. 121-32.

"Income Shocks, Asset Returns, and Portfolio Choice," Steven J. Davis and Paul Willen, in Innovations in Retirement Financing. O. S. Mitchell, Philadelphia: University of Pennsylvania Press, 2002, pp. 20-49.

"Sectoral Job Creation and Destruction Responses to Oil Price Changes." Steven J. Davis and John Haltiwanger; Journal of Monetary Economics, 2001, 48(3), pp. 465-512.

"Reorganization: A Comment." Steven J. Davis; Carnegie-Rochester Conference Series on Public Policy, 2000, 52, pp. 23-31.

"A Competitive Perspective on Internet Explorer." Steven J. Davis and Kevin M. Murphy; American Economic Review, 2000, 90(2), pp. 184-87.

"Explaining National Differences in the Size and Industry Distribution of Employment." Steven J. Davis and Magnus Henrekson; Small Business Economics, 1999, 12(1), pp. 59-83.

"Gross Job Flows," Steven J. Davis and John Haltiwanger, in Handbook of Labor Economics. O. Ashenfelter and D. Card, Amsterdam; New York and Oxford: Elsevier Science North-Holland, 1999, pp. 2711-805.

"On the Driving Forces Behind Cyclical Movements in Employment and Job Reallocation." Steven J. Davis and John Haltiwanger; American Economic Review, 1999, 89(5), pp. 1234-58.

"Comment on in Search of Stolper-Samuelson Linkages between International Trade Theory and Lower Wages," Steven J. Davis, in Imports, Exports, and the American Worker. S. Collins, Washington, DC: Brookings Institution Press, 1998, pp. 203-06.

"Measuring Gross Worker and Job Flows," Steven J. Davis and John Haltiwanger, in Labor Statistics Measurement Issues. J. Haltiwanger, M. E. Manser and R. Topel, Chicago and London: University of Chicago Press, 1998, pp. 77-119.

"Job Reallocation and the Business Cycle: New Facts for an Old Debate: Discussion," Steven J. Davis, in Beyond Shocks: What Causes Business Cycles? J. C. Fuhrer and S. Schuh, Boston: Federal Reserve Bank of Boston, 1998, pp. 349-57.

"Sorting, Learning, and Mobility When Jobs Have Scarcity Value: A Comment." Steven J. Davis; Carnegie-Rochester Conference Series on Public Policy, 1997, 46, pp. 327-37.

"Industrial Policy, Employer Size, and Economic Performance in Sweden," Steven J. Davis and Magnus Henrekson, in The Welfare State in Transition: Reforming the Swedish Model. R. B. Freeman, R. Topel and B. Swedenborg, Chicago and London: University of Chicago Press, 1997, pp. 353-97.

Företagandets Villkor. Spelregler För Sysselsättning Och Tillväxt (Entrepreneurial and Business Conditions: Rules of the Game for Employment and Growth), Steven J. Davis and Magnus Henrekson; Stockholm: SNS Förlag, 1996.

Job Creation and Destruction Steven J. Davis, John C. Haltiwanger and Scott Schuh; Cambridge and London: MIT Press, 1996.

"Small Business and Job Creation: Dissecting the Myth and Reassessing the Facts." Steven J. Davis, John Haltiwanger and Scott Schuh; Small Business Economics, 1996, 8(4), pp. 297-315.

"Employer Size and the Wage Structure in U S Manufacturing." Steven J. Davis and John Haltiwanger; Annales d'Economie et de Statistique, 1996, (41-42), pp. 323-67.

"Relative Wage Movements and the Distribution of Consumption." Orazio Attanasio and Steven J. Davis; Journal of Political Economy, 1996, 104(6), pp. 1227-62.

"Small Business and Job Creation: Dissecting the Myth and Reassessing the Facts." Steven J. Davis, John Haltiwanger and Scott Schuh; Business Economics, 1994, 29(3), pp. 13-21.

"Borrowing Constraints and Two-Sided Altruism with an Application to Social Security." David Altig and Steven J. Davis; Journal of Economic Dynamics and Control, 1993, 17(3), pp. 467-94.

"International Trade and American Wages in the 1980s: Giant Sucking Sound or Small Hiccup?" Robert Z. Lawrence, Matthew J. Slaughter, Robert E. Hall, Steven J. Davis and Robert H. Topel; Brookings Papers on Economic Activity. Microeconomics, 1993, 1993(2), pp. 161-226.

"Cross-Country Patterns of Change in Relative Wages." Steven J. Davis; NBER Macroeconomics Annual, 1992, pp. 239-92.

"Gross Job Creation, Gross Job Destruction, and Employment Reallocation." Steven J. Davis and John Haltiwanger; Quarterly Journal of Economics, 1992, 107(3), pp. 819-63.

"The Timing of Intergenerational Transfers, Tax Policy, and Aggregate Savings." David Altig and Steven J. Davis; American Economic Review, 1992, 82(5), pp. 1199-220.

"Gross Job Creation and Destruction: Microeconomic Evidence and Macroeconomic Implications." Steven J. Davis and John Haltiwanger; NBER Macroeconomics Annual, 1990, pp. 123-68.

"Fluctuations in the Pace of Labor Reallocation." Steven J. Davis; Carnegie-Rochester Conference Series on Public Policy, 1987, 27, pp. 335.

"Allocative Disturbances and Specific Capital in Real Business Cycle Theories." Steven J. Davis; American Economic Review, 1987, 77(2), pp. 326-32.

Allocative Disturbances, Aggregate Disturbances, and Unemployment Rate Fluctuations; Steven Joseph Davis; Ph.D Dissertation, Brown University, 1986.