Abstract The Real Business Cycle (RBC) research program has grown specularly over the
last decade, as its concepts and methods have diffused into mainstream macroeconomics …

This chapter reviews the role of temporary price and wage rigidities in explaining of the
dynamic relationship between money, real output, and inflation. The key properties to be …

In Uzbekistan, inflation exerts a profound influence on consumer behavior and shapes the
country's economic policies. This article explores the unique dynamics of inflation in …

This paper presents a novel study on harnessing Large Language Models'(LLMs)
outstanding knowledge and reasoning abilities for explainable financial time series …

Which policies can increase the resilience of the financial system to climate risks? Recent
evidence on the significant impacts of climate change and natural disasters on firms, banks …

This is the first paper in a series of two that synthesizes, compares, and extends methods for
causal inference with longitudinal panel data in a structural equation modeling (SEM) …

This paper constructs a manager sentiment index based on the aggregated textual tone of
corporate financial disclosures. We find that manager sentiment is a strong negative …

The business cycle is alive and well, and real variables respond to it more or less as they
always did. Witness the Great Recession. Inflation, in contrast, has gone quiescent. This …

We propose a new strategy for dissecting the macroeconomic time series, provide a
template for the business-cycle propagation mechanism that best describes the data, and …

We propose new indices to measure macroeconomic uncertainty. The indices measure how
unexpected a realization of a representative macroeconomic variable is relative to the …