Selected Bibliography for Fernando Alvarez
William C. Norby Professor in Economics and the College
Published Works
"Persistent Liquidity Effects and Long-Run Money Demand." Fernando Alvarez and Francesco Lippi; American Economic Journal: Macroeconomics, 2014, 6(2), pp. 71-107.
http://dx.doi.org/10.1257/mac.6.2.71
"Price Setting with Menu Cost for Multiproduct Firms." Fernando Alvarez and Francesco Lippi; Econometrica, 2014, 82(1), pp. 89-135.
http://dx.doi.org/10.3982/ECTA10662
"A Real Options Perspective on the Future of the Euro." Fernando Alvarez and Avinash Dixit; Journal of Monetary Economics, 2014, 61, pp. 78-109.
http://dx.doi.org/10.1016/j.jmoneco.2013.11.007
"The Demand of Liquid Assets with Uncertain Lumpy Expenditures." Fernando Alvarez and Francesco Lippi; Journal of Monetary Economics, 2013, 60(7), pp. 753-70.
http://dx.doi.org/10.1016/j.jmoneco.2013.05.008
"Fixed-Term Employment Contracts in an Equilibrium Search Model." Fernando Alvarez and Marcelo Veracierto; Journal of Economic Theory, 2012, 147(5), pp. 1725-53.
http://dx.doi.org/10.1016/j.jet.2012.05.015
"Durable Consumption and Asset Management with Transaction and Observation Costs." Fernando Alvarez, Luigi Guiso and Francesco Lippi; American Economic Review, 2012, 102(5), pp. 2272-300.
http://dx.doi.org/10.1257/aer.102.5.2272
"Optimal Price Setting with Observation and Menu Costs." Fernando E. Alvarez, Francesco Lippi and Luigi Paciello; The Quarterly Journal of Economics, 2011, 126(4), pp. 1909-60.
http://dx.doi.org/10.1093/qje/qjr043
"Sluggish Responses of Prices and Inflation to Monetary Shocks in an Inventory Model of Money Demand*." Fernando Alvarez, Andrew Atkeson and Chris Edmond; Quarterly Journal of Economics, 2009, 124(3), pp. 911-67.
http://dx.doi.org/10.1162/qjec.2009.124.3.911
"Financial Innovation and the Transactions Demand for Cash." Fernando Alvarez and Francesco Lippi; Econometrica, 2009, 77(2), pp. 363-402.
http://dx.doi.org/10.3982/ECTA7451
"General Equilibrium Analysis of the Eaton-Kortum Model of International Trade." Fernando Alvarez and Robert E. Lucas, Jr.; Journal of Monetary Economics, 2007, 54(6), pp. 1726-68.
http://dx.doi.org/10.1016/j.jmoneco.2006.07.006
"If Exchange Rates Are Random Walks, Then Almost Everything We Say About Monetary Policy Is Wrong." Fernando Alvarez, Andrew Atkeson and Patrick J. Kehoe; American Economic Review, 2007, 97(2), pp. 339-45.
http://dx.doi.org/10.1257/aer.97.2.339
"Using Asset Prices to Measure the Persistence of the Marginal Utility of Wealth." Fernando Alvarez and Urban J. Jermann; Econometrica, 2005, 73(6), pp. 1977-2016.
http://dx.doi.org/10.1111/j.1468-0262.2005.00643.x
"Commentary on 'Organizational Dynamics over the Business Cycle: A View on Jobless Recoveries.'." Fernando Alvarez; Federal Reserve Bank of St. Louis Review, 2005, 87(4), pp. 581.
http://research.stlouisfed.org/publications/review/05/07/Alvarez.pdf
"Using Asset Prices to Measure the Cost of Business Cycles." Fernando Alvarez and Urban J. Jermann; Journal of Political Economy, 2004, 112(6), pp. 1223-56.
http://dx.doi.org/10.1086/424738
"The Time Consistency of Optimal Monetary and Fiscal Policies." Fernando Alvarez, Patrick J. Kehoe and Pablo Andrés Neumeyer; Econometrica, 2004, 72(2), pp. 541-67.
http://www.jstor.org/stable/3598912
"Money, Interest Rates, and Exchange Rates with Endogenously Segmented Markets." Fernando Alvarez, Andrew Atkeson and Patrick J Kehoe; Journal of Political Economy, 2002, 110(1), pp. 73.
http://dx.doi.org/10.1086/324389
"Interest Rates and Inflation." Fernando Alvarez, Robert E. Lucas, Jr. and Warren E. Weber; American Economic Review, 2001, 91(2), pp. 219-25.
http://www.jstor.org/stable/2677763
"Quantitative Asset Pricing Implications of Endogenous Solvency Constraints." Fernando Alvarez and Urban J. Jermann; Review of Financial Studies, 2001, 14(4), pp. 1117-51.
http://www.jstor.org/stable/2696737
"Severance Payments in an Economy with Frictions." Fernando Alvarez and Marcelo Veracierto; Journal of Monetary Economics, 2001, 47(3), pp. 477-98.
http://dx.doi.org/10.1016/S0304-3932(01)00058-7
"Comment on 'the Benefits of Dollarization When Stabilization Policy Lacks Credibility and Financial Markets Are Imperfect'." Fernando Alvarez; Journal of Money, Credit and Banking, 2001, 33(2), pp. 475-81.
http://www.jstor.org/stable/2673911
"Labor-Market Policies in an Equilibrium Search Model." Fernando Alvarez and Marcelo Veracierto; NBER Macroeconomics Annual, 2000, pp. 265-304.
http://www.jstor.org/stable/3585315
"Efficiency, Equilibrium, and Asset Pricing with Risk of Default." Fernando Alvarez and Urban J. Jermann; Econometrica, 2000, 68(4), pp. 775-97.
http://www.jstor.org/stable/2999526
"Social Mobility: The Barro-Becker Children Meet the Laitner-Loury Dynasties." Fernando Alvarez; Review of Economic Dynamics, 1999, 2(1), pp. 65-103.
http://dx.doi.org/10.1006/redy.1998.0052
"Dynamic Programming with Homogeneous Functions." Fernando Alvarez and Nancy L. Stokey; Journal of Economic Theory, 1998, 82(1), pp. 167-89.
http://dx.doi.org/10.1006/jeth.1998.2431
"Money and Exchange Rates in the Grossman-Weiss-Rotemberg Model." Fernando Alvarez and Andrew Atkeson; Journal of Monetary Economics, 1997, 40(3), pp. 619-40.
http://dx.doi.org/10.1016/S0304-3932(97)00054-8
Two Essays on the Economic Theory of Fertility; Fernando Enrique Alvarez; Ph.D. Dissertation, University of Minnesota, 1994.
http://proquest.umi.com/pqdweb?did=741781281&Fmt=7&clientId=13392&RQT=309&VName=PQD
"Comments on 'Agricultural Markets Informality and the Distribution System'." Fernando Alvarez; Cuba in transition, 1993, 2, pp. 219-20.
"Reserve Requirements: Not a Solution to the Potential Capital Inflow Problem in Cuba." Fernando Alvarez; Cuba in transition, 1993, 3, pp. 305-16.
http://lanic.utexas.edu/la/cb/cuba/asce/cuba3/alvarez.html
"Banking in Computable General Equilibrium Economies." Javier Diaz Gimenez, Edward C. Prescott, Terry Fitzgerald and Fernando Alvarez; Journal of Economic Dynamics & Control, 1992, 16(3,4), pp. 533.
http://dx.doi.org/10.1016/0165-1889(92)90048-J
"Base Estadistica en Espana de La Contabilidad Nacional Trimestral (with English Summary)." Fernando Alvarez; Revista Espanola de Economia, 1989, 6(1-2), pp. 59-83.
"Beneficios de un Subsidio a un Factor o Al Producto en un Contexto Distorsionado." Fernando Alvarez; Economica (National University of La Plata), 1988, 34(1), pp. 127-51.
Working Papers
The Demand of Liquid Assets with Uncertain Lumpy Expenditures; Fernando Alvarez and Francesco Lippi; NBER Working Paper Series No. 18152; Cambridge: National Bureau of Economic Research, 2012.
http://www.nber.org/papers/w18152
Price Setting with Menu Cost for Multi-Product Firms; Fernando E. Alvarez and Francesco Lippi; NBER Working Paper Series No. 17923; Cambridge: National Bureau of Economic Research, 2012.
http://www.nber.org/papers/w17923
Persistent Liquidity Effects and Long Run Money Demand; Fernando E. Alvarez and Francesco Lippi; NBER Working Paper Series No. 17566; Cambridge: National Bureau of Economic Research, 2011.
http://www.nber.org/papers/w17566
Durable Consumption and Asset Management with Transaction and Observation Costs; Fernando E. Alvarez, Luigi Guiso and Francesco Lippi; NBER Working Paper Series No. 15835; Cambridge: National Bureau of Economic Research, 2010.
http://www.nber.org/papers/w15835
Optimal Price Setting with Observation and Menu Costs; Fernando E. Alvarez, Francesco Lippi and Luigi Paciello; NBER Working Paper Series No. 15852; Cambridge: National Bureau of Economic Research, 2010.
http://www.nber.org/papers/w15852
Financial Innovation and the Transactions Demand for Cash; Fernando E. Alvarez and Francesco Lippi; NBER Working Paper Series no. 13416; Cambridge: National Bureau of Economic Research, 2007.
http://www.nber.org/papers/w13416
Fixed-Term Employment Contracts in an Equilibrium Search Model; Fernando E. Alvarez and Marcelo Veracierto; NBER working paper series ; no. w12791; Cambridge, Mass.: National Bureau of Economic Research, 2006.
http://www.nber.org/papers/w12791
Time-Varying Risk, Interest Rates, and Exchange Rates in General Equilibrium; Fernando Alvarez, Andrew Atkeson and Patrick J. Kehoe; Staff Report no. 371; Minneapolis: Federal Reserve Bank of Minneapolis, 2006.
http://www.minneapolisfed.org/publications_papers/pub_display.cfm?id=1053
General Equilibrium Analysis of the Eaton-Kortum Model of International Trade; Fernando E. Alvarez and Robert E. Lucas Jr; NBER working paper series no. w11764; Cambridge, Mass.: National Bureau of Economic Research, 2005.
http://www.nber.org/papers/w11764
The Time Consistency of Monetary and Fiscal Policies; Fernando Alvarez, Patrick J. Kehoe and Pablo Andrés Neumeyer; Staff report no. 305; Minneapolis, Minn.: Federal Reserve Bank of Minneapolis Research Dept., 2003.
http://www.minneapolisfed.org/publications_papers/pub_display.cfm?id=886
On the Sluggish Response of Prices to Money in an Inventory-Theoretic Model of Money Demand; Fernando Alvarez, Andrew Atkeson and Chris Edmond; NBER working paper series ;; no. 10016; Cambridge: National Bureau of Economic Research, 2003.
http://www.nber.org/papers/W10016
The Time Consistency of Monetary and Fiscal Policies; Fernando Alvarez, Pablo Andrés Neumeyer and Patrick J. Kehoe; Working paper no. 616; Minneapolis: Federal Reserve Bank of Minneapolis, 2002.
http://minneapolisfed.org/research/wp/wp616.pdf
The Size of the Permanent Component of Asset Pricing Kernels; Fernando Alvarez and Urban J. Jermann; NBER working paper series ;; no. 8360; Cambridge: National Bureau of Economic Research, 2001.
http://www.nber.org/papers/W8360
Money, Interest Rates, and Exchange Rates with Endogenously Segmented Asset Markets; Fernando Alvarez, Andrew Atkeson and Patrick J. Kehoe; Staff report no. 278; Minneapolis: Federal Reserve Bank of Minneapolis Research Deptartment, 2000.
http://www.minneapolisfed.org/publications_papers/pub_display.cfm?id=823
Using Asset Prices to Measure the Cost of Business Cycles; Fernando Alvarez and Urban J. Jermann; NBER working paper series no. 7978; Cambridge: National Bureau of Economic Research, 2000.
http://www.nber.org/papers/W7978
Money, Interest Rates, and Exchange Rates with Endogenously Segmented Asset Markets; Fernando Alvarez, Andrew Atkeson and Patrick J. Kehoe; NBER working paper series no. 7871; Cambridge: National Bureau of Economic Research, 2000.
http://www.nber.org/papers/W7871
Quantitative Asset Pricing Implications of Endogenous Solvency Constraints; Fernando Alvarez and Urban J. Jermann; Working paper no. 99-5; Philadelphia: Federal Reserve Bank of Philadelphia Economic Research Division, 1999.
http://www.phil.frb.org/files/wps/1999/wp99-5.pdf
Labor Market Policies in an Equilibrium Search Model; Fernando Alvarez and Marcelo Veracierto; Working paper series WP-99-10; Chicago: Federal Reserve Bank of Chicago, 1999.
http://www.chicagofed.org/webpages/publications/working_papers/1999/wp_10.cfm
Money and Interest Rates with Endogeneously Segmented Markets; Fernando Alvarez, Andrew Atkeson and Patrick J. Kehoe; Staff report no. 260; Federal Reserve Bank of Minneapolis, 1999.
http://www.minneapolisfed.org/publications_papers/pub_display.cfm?id=773
Quantitative Asset Pricing Implications of Endogenous Solvency Constraints; Fernando Alvarez and Urban J. Jermann; NBER working paper series no. 6953; Cambridge: National Bureau of Economic Research, 1999.
http://papers.nber.org/papers/w6953
Money and Interest Rates with Endogeneously Segmented Markets; Fernando Alvarez, Andrew Atkeson and Patrick J. Kehoe; NBER working paper series no. 7060; Cambridge: National Bureau of Economic Research, 1999.
http://papers.nber.org/papers/W7060
Search, Self-Insurance and Job-Security Provisions; Fernando Alvarez; Working papers series WP-98-1; Chicago, Ill.: Federal Reserve Bank of Chicago, 1998.
http://www.chicagofed.org/webpages/publications/working_papers/1998/wp_02.cfm
Asset Pricing When Risk Sharing Is Limited by Default; Fernando Alvarez and Urban J. Jermann; NBER working paper series no. 6476; Cambridge: National Bureau of Economic Research, 1998.
http://www.nber.org/papers/w6476
Money and Exchange Rates in the Grossman-Weiss-Rotemberg Model; Fernando Alvarez and Andrew Atkeson; NBER working paper series no. 5678; Cambridge: National Bureau of Economic Research, 1996.
http://papers.nber.org/papers/w5678
Banking in Computable General Equilibrium Economies : Technical Appendices I and II; Fernando Alvarez and Terry J. Fitzgerald; Staff report no. 155; Minneapolis: Federal Reserve Bank of Minneapolis, 1992.
http://www.minneapolisfed.org/publications_papers/pub_display.cfm?id=436