Claudio
Michelacci
CEMFI - Calle Casado del Alisal 5 - 28014 Madrid - Spain
Phone: +34 914 290 551 - Fax: +34 914 291 056 - E-mail: c.michelacci@cemfi.es
DOCTORAL
STUDIES
Ph.D., London School of Economics, 1998
TEACHING
Macroeconomics.
International Economics
CURRENT
RESEARCH
Growth,
search, labour, business cycle
CURRICULUM
VITAE (the following highlighted items
can be downloaded in pdf format )
Curriculum Vitae
PUBLICATIONS
- “Intertemporal Labor Supply with Search Frictions,”
(2010), [with Josep Pijoan], forthcoming Review
of Economic Studies. Complementary
material: Paper Appendices.
- “Does Idiosyncratic Business Risk Matter for Growth?,”
(2010), [with Fabiano Schivardi],
forthcoming Journal of the
European Economic Association. Complementary material: Paper Appendices.
- “The Cyclical Behavior of Equilibrium Unemployment and
Vacancies in the US and Europe,” (2010), [with Alejandro
Justiniano], in NBER-ISOM Macro Annual 2011, Vol. 8
- “Social Contacts and Occupational Choice,” (2010),
[with Samuel Bentolila and Javier Suarez], Economica, 77. A Financial Time article about this
paper. A Financial Time
Deutschland article about this paper
- “On the effects of Technology Shocks on Hours and Output: A
Robustness Analysis ,”
(2010), [with Fabio Canova and David Lopez Salido], Journal of Applied Econometrics, 25.
- “Financial
Markets and Wages,” (2009), [with Vincenzo Quadrini], Review
of Economic Studies, 76 (2), 795-827.
- “Technology Shocks and Job Flows,” (2007), [with David Lopez Salido], Review
of Economic Studies, 74. Replication Material (Data, Programs and
Computational Appendix).
- “Why
So Many Local Entrepreneurs?,” (2007), [with Olmo Silva],
Review of Economics and Statistics, 89(4).
- “Incomplete Wage Posting,” (2006), [with Javier
Suarez], Journal of Political Economy, 114 (6). Complementary note (“Incomplete Wage Posting with
Ranking”)
- “Borrowing from employees: Wage dynamics with
Financial Constraints,” (2005), [with Vincenzo Quadrini],
Journal of the European Economic
Association, 3 (2-3).
- “Cross-Sectional Heterogeneity and the Persistence of
Aggregate Fluctuations,” (2004), Journal of Monetary Economics,
October, 51,
1321-1352
- “Business Creation and the Stock Market,”
(2004), [with Javier Suarez], Review of
Economic Studies, 71,
459-481. A Corriere della Sera article about this
paper
- “Low Returns in R&D Due to the Lack of
Entrepreneurial Skills,” (2003), Economic Journal, 113, 207-225
- “(Fractional) Beta
Convergence,” (2000), [with Paolo Zaffaroni], Journal of Monetary Economics, 45,
129-153
- “Unemployment Dynamics
across OECD Countries,” (2001), [with R. Balakrishnan], European Economic Review, 45, 135-165
- “Employment and Output Adjustment in the OECD: A Disaggregate
Analysis of the Role of Job Security Provisions,” (2000), [with
Simon Burgess and Michael Knetter], Economica,
67, 419-435
BOOKS
- “Labour Market Adjustments in Europe,” (2005),
[edited with Julián Messina, Jarkko Turunen, and Gylfi Zoega], Edward Elgar Publishing
Ltd
WORKING PAPERS
- “Optimal Life Cycle Unemployment Insurance,” (2010),
[with Hernan Ruffo], mimeo, CEMFI, Online Appendices
- “Inequality, Hours and Labor Market Participation,”
(2010), [with Josep Pijoan], mimeo, CEMFI.
- “The Cyclical Behavior of Equilibrium Unemployment and
Vacancies in the US and Europe,” (2010), [with Alejandro
Justiniano], paper prepared for the
ISoM conference in Malta 2011 organized by Chris Pissarides and Jeffrey
Frankel
- “How
Inefficient is Worker Reallocation?” (2010), [with David
Lopez-Salido and Alejandro Justiniano] ],
mimeo, CEMFI
- “What do Technology shocks tell us about the Ins and
Outs of unemployment?,” (2008), [with Fabio Canova and David Lopez Salido], mimeo, CEMFI.
- “Schumpeterian
Technology Shocks,” (2007), [with Fabio Canova and David
Lopez Salido], mimeo, CEMFI. Complementary material: Paper Appendices; Computational Appendix.
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