Yuriy Gorodnichenko
Associate Professor
Department of Economics
University of California, Berkeley
Berkeley, CA 94720-3880
phone: (510) 643-0720
fax: (510)
642-6615
email: ygorodni@econ.berkeley.edu
Other affiliations:
NBER, Faculty research fellow
IZA, Research fellow
JEEA, Associate editor
SF Fed, Visiting scholar
Information
Curriculum vitae (PDF) | Teaching | Macro/Int’l Reading Group | Links | Research Statement
Publications
"Output Spillovers from
Fiscal Policy," with Alan Auerbach,
forthcoming in American Economic Review Papers and Proceedings 103(2013),141-146. Link (PDF, longer
version: PDF, NBER)
"What can survey forecasts
tell us about informational rigidities?" with Olivier Coibion, Journal
of Political Economy 120 (2012), 116-159. Link (NBER, PDF)
-
in media: VoxEU.org.
"Why are target interest
rate changes so persistent?" with Olivier Coibion, American
Economic Journal – Macroeconomics 4(2012), 126–162, Link (NBER, SSRN, PDF)
-
in
media: VoxEU.org
"The optimal inflation
rate in New Keynesian models," with Olivier Coibion and Johannes Wieland, Review
of Economic Studies 79(2012), 1371-1406, Link (NBER, SSRN, PDF)
-
in media: Econbrowser.
"The Finnish Great Depression: From Russia with love," with Linda
Tesar and Enrique Mendoza,
American
Economic Review 102(2012), 1619–1644, Link
(PDF, NBER, SSRN, IZA)
"Financial
constraints and innovation: Why poor countries don't catch up," with Monika
Schnitzer, forthcoming in Journal of European Economic
Association, PDF.
-
in media: VoxEU.org.
"Estimators for persistent
and possibly non-stationary data with classical properties," with Anna Mikusheva and Serena
Ng, Econometric Theory 28(2012), 1003–1036, Link (NBER,
PDF).
"Fiscal Multipliers in Recession and
Expansion," with Alan Auerbach, in
Fiscal Policy after the Financial Crisis,
Alberto Alesina and Francesco Giavazzi,
eds., University of Chicago Press, 2012. PDF.
"Measuring the Output Responses to
Fiscal Policy," with Alan Auerbach, American
Economic Journal – Economic Policy 4(2012): 1–27, Link (PDF, NBER, SSRN.).
-
in
media: VoxEU.org, International
Business Times, The
Economist, Econbrowser,
Jeff
Frankel, Econbrowser
II, New
York Times.
"Sensitivity of Prices to Demand Shocks:
A Natural Experiment in the San Francisco Bay Area," with Volodymyr Bilotkach and Oleksandr Talavera, Transportation Research Part A:
Policy and Practice 46(2012), 1137–1151, Link
(PDF).
“Individualism, innovation, and long-run growth,” with Gérard Roland, Proceedings of the National Academy of Sciences 108(S4, 2011), 21316-21319, Link.
"Monetary Policy, Trend
Inflation and the Great Moderation: An Alternative Interpretation," with Olivier Coibion, American
Economic Review 101(2011), 341–370, Link (PDF, NBER, SSRN)
-
in media: DeLong;
VoxEU.org.
"Strategic interaction among heterogeneous price-setters in
an estimated DSGE model," with Olivier Coibion, Review
of Economics and Statistics 93(2011), 920-40, Link (NBER, SSRN, PDF)
"Which dimensions of culture matter for long run growth?" with Gérard Roland, American Economic Review Papers and Proceedings 101(2011), 492-498, Link (PDF)
"Myth and reality of flat
tax reform: Micro estimates of tax evasion and productivity response in
Russia," with Jorge Martinez-Vazquez and
Klara
Sabirianova Peter, Journal of Political Economy
117(2009), 504-554, Link (SSRN, NBER, IZA).
-
award: National Prize in Applied Economics,
Russia.
-
in media: WSJ; VoxEU.org; Guardian.
"Estimation of DSGE models
when data are persistent," with Serena
Ng, Journal of Monetary Economics 57(2010), 325–340, Link
(PDF, NBER, SSRN)
-
in media: Econbrowser.
"Globalization and
innovation in emerging markets," with Jan Svejnar
and Katherine Terrell, American Economic Journal – Macroeconomics 2(2010), 194–226, Link (PDF, NBER, IZA)
-
in media: MIT
Sloan Management Review.
"Inequality and Volatility
Moderation in Russia: Evidence from Micro-Level Panel Data on Consumption and
Income," with Dmitriy
Stolyarov and Klara Sabirianova Peter,
Review
of Economic Dynamics 13(2010),
209-237, Link (NBER, SSRN, IZA).
-
in media: Vedomosti (in Russian).
"Border effect or country effect? Seattle may not be so far from
Vancouver after all," with Linda
Tesar, American Economic Journal – Macroeconomics 1(2009), 219–241, Link (NBER, SSRN)
-
previous title:
"Re-examination of the Border Effect in PPP Tests: Where is the
Border?"
"Are Airlines’
Price-Setting Strategies Different?"
with Volodymyr Bilotkach and
Oleksandr Talavera, Journal
of Air Transport Management 16(2009), 1-6, Link
(SSRN).
"Financial
Constraints and Continental Business Groups: Evidence from German Konzerns," with Dorothea Schafer and Oleksandr Talavera, Research in International
Business and Finance 23(2009),
233–242, Link
(SSRN).
"Are oligarchs productive?
Theory and evidence," with Yegor Grygorenko, Journal of Comparative Economics
36(2008), 17-42, Link
(SSRN, IZA).
-
award: Montias prize for the best article published
in the Journal of Comparative Economics in 2008-2009.
-
in media: Guardian.
"Monetary policy
when potential output is uncertain: Understanding the growth gamble of the
1990s," with Matthew
D. Shapiro, Journal of Monetary Economics 54(4), 1132-1162. Link
(SSRN, NBER).
-
in media: WSJ.
"Public sector pay
and corruption: Measuring bribery from micro data," with Klara Sabirianova
Peter, Journal of Public Economics 91(2007), 963-991. Link
(SSRN, IZA).
-
in media: World
Bank’s Beyond
Transition 17(3).
"Returns to schooling in Ukraine and Russia: A semiparametric approach to cross-country comparative analysis," with Klara Sabirianova Peter, Journal of Comparative Economics 33(2005), 223-240. Link (SSRN, IZA).
Working papers
"Information Rigidity and
the Expectations Formation Process: A Simple Framework and New Facts,"
with Olivier Coibion, PDF (revise and resubmit to American Economic Review).
-
other versions NBER, SSRN, IMF.
-
in media: VoxEU.org.
"The Cyclicality of Sales,
Regular and Effective Prices: Business Cycle and Policy Implications,"
with Olivier Coibion and Gee Hee
Hong, PDF (NBER, IMF)
(revise and resubmit to American Economic Review)
-
in media: Econbrowser.
"Innocent Bystanders? Monetary Policy
-
in
media: Handelsblatt, Econbrowser,
Economist's
View, CentralBanking.com,
Economist,
Economist
II, ECB,
Slate.com.
"Are Sticky Prices Costly?
Evidence From The Stock Market," with Michael Weber, PDF (online appendix) (NBER, SSRN).
-
in media: Econbrowser.
"Using the Survey of Plant Capacity to Measure Capital
Utilization," with Matthew D. Shapiro, US
Census Bureau Center for Economic Studies Discussion Paper 11-18 (July
2011). PDF,
data.
"Culture, institutions and
the wealth of nations," with Gérard Roland, PDF.
-
in
media: VoxEU.org
-
other versions
NBER, CEPR, IZA, SSRN
"When does FDI have positive spillovers? Evidence from 17 emerging market economies," with Jan Svejnar and Katherine Terrell, PDF.
"Endogenous information, menu costs and inflation persistence," PDF (revise and resubmit in Journal of Monetary Economics).
- other versions NBER.
"Using firm optimization to evaluate and estimate productivity and returns to scale," PDF.
-
other versions NBER.
-
previous title:
"Estimating Returns to
Scale: Critique of Popular Estimators and New Solutions to Old Problems".
"Reduced rank identification of structural shocks in VARs," PDF.
Publications in Ukrainian
Books
Contemporary econometric
methods in finance, Kiev,
Ukraine, 2002 (with Iryna Luckyanenko)
Econometric modeling of local government
budgets, Kiev, Ukraine, 2001
(with Iryna Lukyanenko and
Larisa Krasnikova)
Methodological aspects of development and
application of macroeconometric models: The case of
Ukraine, Kiev, Ukraine, 2000
(with Iryna Lukyanenko and Kwaja Sultan)
Articles
"Error correction models for forecasting tax revenues," Finance of Ukraine, 2001 (with Iryna Lukyanenko)
"The impact of tax sharing on the effectiveness of the local tax policy," Scientific Records of Kyiv-Mohyla Academy, 2001 (with Taras Tokarchuk)
"The flypaper effect: The case of Ukraine," Scientific Records of Kyiv-Mohyla Academy, 2001
"Modeling monetary side of Ukraine's economy," Scientific Records of Kyiv-Mohyla Academy, 2000 (with Iryna Lukyanenko)
"Distribution of intergovernmental grants among Ukraine's
regions," Herald of the National Bank of Ukraine,
1999 (with Iryna Lukyanenko)
Chapters
"Inter-budgetary
reform in cherkaska oblast" in The system of public finance in Ukraine: The ways
of providing transparency and optimal decentralization of financial flows, Ihor Burakovskiy, ed., Kiev:
East-West Institute, 2001.