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Details about Susanto Basu

Homepage:http://fmwww.bc.edu/ec/Basu.php
Postal address:Department of Economics Boston College 140 Commonwealth Avenue Chestnut Hill, MA 02467-3806
Workplace:Department of Economics, Boston College, (more information at EDIRC)
National Bureau of Economic Research (NBER), (more information at EDIRC)

Access statistics for papers by Susanto Basu.

Last updated 2023-03-10. Update your information in the RePEc Author Service.

Short-id: pba274


Jump to Journal Articles Chapters

Working Papers

2024

  1. Risky Business Cycles
    Boston College Working Papers in Economics, Boston College Department of Economics Downloads View citations (7)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2021) Downloads View citations (7)

2019

  1. Are Price-Cost Markups Rising in the United States? A Discussion of the Evidence
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (114)

2018

  1. Uncertainty Shocks in a Model of Effective Demand: Reply
    Research Working Paper, Federal Reserve Bank of Kansas City Downloads View citations (5)

2017

  1. Should Central Banks Target Investment Prices?
    Boston College Working Papers in Economics, Boston College Department of Economics Downloads View citations (3)

2016

  1. Allocative and Remitted Wages: New Facts and Challenges for Keynesian Models
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (41)
  2. Productivity and the Welfare of Nations
    Boston College Working Papers in Economics, Boston College Department of Economics Downloads View citations (7)
    Also in Policy Research Working Paper Series, The World Bank (2012) Downloads View citations (13)
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (2012) Downloads View citations (19)
    Working Papers, Barcelona School of Economics (2012) Downloads View citations (19)
    IZA Discussion Papers, Institute of Labor Economics (IZA) (2012) Downloads View citations (19)
    2014 Meeting Papers, Society for Economic Dynamics (2014) Downloads
    NBER Working Papers, National Bureau of Economic Research, Inc (2012) Downloads View citations (18)

2015

  1. Endogenous Volatility at the Zero Lower Bound: Implications for Stabilization Policy
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (33)
    Also in Research Working Paper, Federal Reserve Bank of Kansas City (2015) Downloads View citations (30)
  2. Uncertainty Shocks in a Model of Effective Demand
    Boston College Working Papers in Economics, Boston College Department of Economics Downloads View citations (112)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2012) Downloads View citations (184)
    Research Working Paper, Federal Reserve Bank of Kansas City (2014) Downloads View citations (10)
    Working Papers, Federal Reserve Bank of Boston (2012) Downloads View citations (126)

2014

  1. Whither News Shocks?
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (52)
    See also Chapter Whither News Shocks?, NBER Chapters, National Bureau of Economic Research, Inc (2014) Downloads View citations (48) (2014)
    Journal Article Whither News Shocks?, NBER Macroeconomics Annual, University of Chicago Press (2015) Downloads View citations (39) (2015)

2013

  1. Technological progress, the \"user cost of money,\" and the real output of banks
    Working Papers, Federal Reserve Bank of Boston Downloads View citations (2)

2012

  1. Technology Shocks in a Two-Sector DSGE Model
    2012 Meeting Papers, Society for Economic Dynamics Downloads View citations (10)

2010

  1. Productivity, Welfare and Reallocation: Theory and Firm Level Evidence
    Boston College Working Papers in Economics, Boston College Department of Economics Downloads View citations (8)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2009) Downloads View citations (19)
    Policy Research Working Paper Series, The World Bank (2010) Downloads View citations (11)
    Working Papers, Federal Reserve Bank of Boston (2009) Downloads View citations (18)
    IZA Discussion Papers, Institute of Labor Economics (IZA) (2009) Downloads View citations (19)
  2. Some Evidence on the Importance of Sticky Wages
    IZA Discussion Papers, Institute of Labor Economics (IZA) Downloads View citations (66)
    Also in Boston College Working Papers in Economics, Boston College Department of Economics (2010) Downloads View citations (105)
    Working Papers, Federal Reserve Bank of Boston (2010) Downloads View citations (39)
    NBER Working Papers, National Bureau of Economic Research, Inc (2010) Downloads View citations (68)

    See also Journal Article Some Evidence on the Importance of Sticky Wages, American Economic Journal: Macroeconomics, American Economic Association (2014) Downloads View citations (187) (2014)

2009

  1. Contractionary technology improvements in multi-sector DSGE models
    2009 Meeting Papers, Society for Economic Dynamics
  2. What do we know and not know about potential output?
    Working Paper Series, Federal Reserve Bank of San Francisco Downloads View citations (19)
    See also Journal Article What do we know (and not know) about potential output?, Review, Federal Reserve Bank of St. Louis (2009) Downloads View citations (14) (2009)

2008

  1. A General-Equilibrium Asset-Pricing Approach to the Measurement of Nominal and Real Bank Output
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (11)
    Also in Working Papers, Federal Reserve Bank of Boston (2004) Downloads View citations (25)

    See also Chapter A General-Equilibrium Asset-Pricing Approach to the Measurement of Nominal and Real Bank Output, NBER Chapters, National Bureau of Economic Research, Inc (2009) Downloads View citations (9) (2009)
  2. Risk Bearing, Implicit Financial Services and Specialization in the Financial Industry
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (2)
    Also in Public Policy Discussion Paper, Federal Reserve Bank of Boston (2005) Downloads View citations (9)
  3. The Value of Risk: Measuring the Service Output of U.S. Commercial Banks
    GGDC Research Memorandum, Groningen Growth and Development Centre, University of Groningen Downloads View citations (1)
    Also in Working Papers, Federal Reserve Bank of Boston (2008) Downloads View citations (15)
    NBER Working Papers, National Bureau of Economic Research, Inc (2008) Downloads View citations (4)

    See also Journal Article THE VALUE OF RISK: MEASURING THE SERVICE OUTPUT OF U.S. COMMERCIAL BANKS, Economic Inquiry, Western Economic Association International (2011) View citations (39) (2011)

2006

  1. Information and communications technology as a general-purpose technology: evidence from U.S industry data
    Working Paper Series, Federal Reserve Bank of San Francisco Downloads View citations (13)
    See also Journal Article Information and communications technology as a general purpose technology: evidence from U.S. industry data, Economic Review, Federal Reserve Bank of San Francisco (2008) Downloads View citations (14) (2008)

2005

  1. New Evidence on Durable Goods Biased Technological Change
    2005 Meeting Papers, Society for Economic Dynamics

2004

  1. Are Technology Improvements Contractionary?
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (133)
    Also in Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research (2002) Downloads View citations (62)
    Working Paper Series, Federal Reserve Bank of Chicago (2004) Downloads View citations (81)
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (1998) Downloads View citations (70)

    See also Journal Article Are Technology Improvements Contractionary?, American Economic Review, American Economic Association (2006) Downloads View citations (529) (2006)

2003

  1. The Case of the Missing Productivity Growth: Or, Does Information Technology Explain why Productivity Accelerated in the US but not the UK?
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (176)
  2. The Case of the Missing Productivity Growth: Or, Does Information technology explain why productivity accelerated in the United States but not the United Kingdom?
    Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research Downloads View citations (69)
    Also in Working Paper Series, Federal Reserve Bank of Chicago (2003) Downloads View citations (85)

    See also Chapter The Case of the Missing Productivity Growth, or Does Information Technology Explain Why Productivity Accelerated in the United States but Not in the United Kingdom?, NBER Chapters, National Bureau of Economic Research, Inc (2004) Downloads View citations (75) (2004)

2001

  1. Productivity Growth in the 1990s: Technology, Utilization, or Adjustment?
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (94)
    Also in Working Paper Series, Federal Reserve Bank of Chicago (2001) Downloads View citations (34)

    See also Journal Article Productivity growth in the 1990s: technology, utilization, or adjustment?, Carnegie-Rochester Conference Series on Public Policy, Elsevier (2001) Downloads View citations (94) (2001)

2000

  1. A Theory of the Reform of Bureaucratic Institutions
    Econometric Society World Congress 2000 Contributed Papers, Econometric Society Downloads View citations (10)
  2. Why Is Productivity Procyclical? Why Do We Care?
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (53)
    Also in Working Paper Series, Federal Reserve Bank of Chicago (2000) Downloads View citations (34)
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (1999) Downloads View citations (50)

    See also Chapter Why Is Productivity Procyclical? Why Do We Care?, NBER Chapters, National Bureau of Economic Research, Inc (2001) Downloads View citations (165) (2001)

1999

  1. Business Cycles in International Historical Perspective
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (115)
    See also Journal Article Business Cycles in International Historical Perspective, Journal of Economic Perspectives, American Economic Association (1999) Downloads View citations (118) (1999)

1998

  1. Corruption in Transition
    William Davidson Institute Working Papers Series, William Davidson Institute at the University of Michigan Downloads View citations (9)

1997

  1. Aggregate productivity and aggregate technology
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) Downloads View citations (35)
    See also Journal Article Aggregate productivity and aggregate technology, European Economic Review, Elsevier (2002) Downloads View citations (198) (2002)
  2. Cyclical Productivity with Unobserved Input Variation
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (289)

1996

  1. Appropriate Technology and Growth
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (11)
    See also Journal Article Appropriate Technology and Growth, The Quarterly Journal of Economics, President and Fellows of Harvard College (1998) Downloads View citations (391) (1998)
  2. Corruption and Reform
    William Davidson Institute Working Papers Series, William Davidson Institute at the University of Michigan Downloads View citations (4)
  3. Returns to scale in U.S. production: estimates and implications
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) Downloads View citations (122)
    See also Journal Article Returns to Scale in U.S. Production: Estimates and Implications, Journal of Political Economy, University of Chicago Press (1997) Downloads View citations (925) (1997)

1995

  1. Aggregate Productivity and the Productivity of Aggregates
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (38)
    Also in International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (1995) Downloads View citations (34)
  2. Are Apparent Productive Spillovers a Figment of Specification Error?
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (210)
    Also in International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (1994) Downloads View citations (8)
    Working Papers, Michigan - Center for Research on Economic & Social Theory (1993) View citations (4)

    See also Journal Article Are apparent productive spillovers a figment of specification error?, Journal of Monetary Economics, Elsevier (1995) Downloads View citations (242) (1995)
  3. Procyclical Productivity: Increasing Returns or Cyclical Utilization?
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (4)
    See also Journal Article Procyclical Productivity: Increasing Returns or Cyclical Utilization?, The Quarterly Journal of Economics, President and Fellows of Harvard College (1996) Downloads View citations (476) (1996)

1994

  1. Constant returns and small markups in U.S. manufacturing
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) Downloads View citations (34)
    Also in Working Papers, Michigan - Center for Research on Economic & Social Theory (1993) View citations (25)
  2. Intermediate Goods and Business Cycles: Implications for Productivity and Welfare
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (1)
    Also in Working Papers, Michigan - Center for Research on Economic & Social Theory (1993) View citations (2)

    See also Journal Article Intermediate Goods and Business Cycles: Implications for Productivity and Welfare, American Economic Review, American Economic Association (1995) Downloads View citations (329) (1995)

1993

  1. Estimating the Cyclicality of Marginal Costs Directly
    Working Papers, Michigan - Center for Research on Economic & Social Theory
  2. Procyclical Productivity: Overhead Inputs or Cyclical Utilization
    Working Papers, Michigan - Center for Research on Economic & Social Theory View citations (10)

1989

  1. Optimal Advice for Monetary Policy
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads
    See also Journal Article Optimal Advice for Monetary Policy, Journal of Money, Credit and Banking, Blackwell Publishing (1990) Downloads View citations (3) (1990)

Journal Articles

2015

  1. Average-cost pricing: Some evidence and implications
    European Economic Review, 2015, 79, (C), 281-296 Downloads View citations (7)
  2. Whither News Shocks?
    NBER Macroeconomics Annual, 2015, 29, (1), 225 - 264 Downloads View citations (39)
    See also Chapter Whither News Shocks?, NBER Chapters, 2014, 225-264 (2014) Downloads View citations (48) (2014)
    Working Paper Whither News Shocks?, NBER Working Papers (2014) Downloads View citations (52) (2014)

2014

  1. Some Evidence on the Importance of Sticky Wages
    American Economic Journal: Macroeconomics, 2014, 6, (1), 70-101 Downloads View citations (187)
    See also Working Paper Some Evidence on the Importance of Sticky Wages, IZA Discussion Papers (2010) Downloads View citations (66) (2010)

2011

  1. THE VALUE OF RISK: MEASURING THE SERVICE OUTPUT OF U.S. COMMERCIAL BANKS
    Economic Inquiry, 2011, 49, (1), 226-245 View citations (39)
    See also Working Paper The Value of Risk: Measuring the Service Output of U.S. Commercial Banks, GGDC Research Memorandum (2008) Downloads View citations (1) (2008)

2009

  1. What do we know (and not know) about potential output?
    Review, 2009, 91, (Jul), 187-214 Downloads View citations (14)
    See also Working Paper What do we know and not know about potential output?, Working Paper Series (2009) Downloads View citations (19) (2009)

2008

  1. Information and communications technology as a general purpose technology: evidence from U.S. industry data
    Economic Review, 2008, 1-15 Downloads View citations (14)
    See also Working Paper Information and communications technology as a general-purpose technology: evidence from U.S industry data, Working Paper Series (2006) Downloads View citations (13) (2006)

2006

  1. Are Technology Improvements Contractionary?
    American Economic Review, 2006, 96, (5), 1418-1448 Downloads View citations (529)
    See also Working Paper Are Technology Improvements Contractionary?, NBER Working Papers (2004) Downloads View citations (133) (2004)

2005

  1. Comment on: "Implications of state-dependent pricing for dynamic macroeconomic modeling"
    Journal of Monetary Economics, 2005, 52, (1), 243-247 Downloads View citations (16)

2002

  1. Aggregate productivity and aggregate technology
    European Economic Review, 2002, 46, (6), 963-991 Downloads View citations (198)
    See also Working Paper Aggregate productivity and aggregate technology, International Finance Discussion Papers (1997) Downloads View citations (35) (1997)

2001

  1. Productivity growth in the 1990s: technology, utilization, or adjustment?
    Carnegie-Rochester Conference Series on Public Policy, 2001, 55, (1), 117-165 Downloads View citations (94)
    See also Working Paper Productivity Growth in the 1990s: Technology, Utilization, or Adjustment?, NBER Working Papers (2001) Downloads View citations (94) (2001)

2000

  1. Understanding how price responds to costs and production: A comment
    Carnegie-Rochester Conference Series on Public Policy, 2000, 52, (1), 79-85 Downloads View citations (6)

1999

  1. Business Cycles in International Historical Perspective
    Journal of Economic Perspectives, 1999, 13, (2), 45-68 Downloads View citations (118)
    See also Working Paper Business Cycles in International Historical Perspective, NBER Working Papers (1999) Downloads View citations (115) (1999)

1998

  1. Appropriate Technology and Growth
    The Quarterly Journal of Economics, 1998, 113, (4), 1025-1054 Downloads View citations (391)
    See also Working Paper Appropriate Technology and Growth, NBER Working Papers (1996) Downloads View citations (11) (1996)
  2. Technology and business cycles; how well do standard models explain the facts?
    Conference Series ; [Proceedings], 1998, 42, (Jun), 207-269 Downloads View citations (12)

1997

  1. Returns to Scale in U.S. Production: Estimates and Implications
    Journal of Political Economy, 1997, 105, (2), 249-83 Downloads View citations (925)
    See also Working Paper Returns to scale in U.S. production: estimates and implications, International Finance Discussion Papers (1996) Downloads View citations (122) (1996)

1996

  1. Procyclical Productivity: Increasing Returns or Cyclical Utilization?
    The Quarterly Journal of Economics, 1996, 111, (3), 719-751 Downloads View citations (476)
    See also Working Paper Procyclical Productivity: Increasing Returns or Cyclical Utilization?, NBER Working Papers (1995) Downloads View citations (4) (1995)

1995

  1. Are apparent productive spillovers a figment of specification error?
    Journal of Monetary Economics, 1995, 36, (1), 165-188 Downloads View citations (242)
    See also Working Paper Are Apparent Productive Spillovers a Figment of Specification Error?, NBER Working Papers (1995) Downloads View citations (210) (1995)
  2. Intermediate Goods and Business Cycles: Implications for Productivity and Welfare
    American Economic Review, 1995, 85, (3), 512-31 Downloads View citations (329)
    See also Working Paper Intermediate Goods and Business Cycles: Implications for Productivity and Welfare, NBER Working Papers (1994) Downloads View citations (1) (1994)

1990

  1. Optimal Advice for Monetary Policy
    Journal of Money, Credit and Banking, 1990, 22, (1), 19-36 Downloads View citations (3)
    See also Working Paper Optimal Advice for Monetary Policy, NBER Working Papers (1989) Downloads (1989)

Chapters

2024

  1. Comment on "Understanding the International Rise and Fall of Inflation since 2020"
    A chapter in Inflation in the COVID Era and Beyond, 2024
  2. Introduction to "Technology, Productivity, and Economic Growth"
    A chapter in Technology, Productivity, and Economic Growth, 2024 Downloads View citations (1)

2014

  1. Whither News Shocks?
    A chapter in NBER Macroeconomics Annual 2014, Volume 29, 2014, pp 225-264 Downloads View citations (48)
    See also Working Paper Whither News Shocks?, National Bureau of Economic Research, Inc (2014) Downloads View citations (52) (2014)
    Journal Article Whither News Shocks?, University of Chicago Press (2015) Downloads View citations (39) (2015)

2009

  1. A General-Equilibrium Asset-Pricing Approach to the Measurement of Nominal and Real Bank Output
    A chapter in Price Index Concepts and Measurement, 2009, pp 273-320 Downloads View citations (9)
    See also Working Paper A General-Equilibrium Asset-Pricing Approach to the Measurement of Nominal and Real Bank Output, National Bureau of Economic Research, Inc (2008) Downloads View citations (11) (2008)
  2. Comment on "Incorporating Financial Services in a Consumer Price Index"
    A chapter in Price Index Concepts and Measurement, 2009, pp 266-271 Downloads

2004

  1. The Case of the Missing Productivity Growth, or Does Information Technology Explain Why Productivity Accelerated in the United States but Not in the United Kingdom?
    A chapter in NBER Macroeconomics Annual 2003, Volume 18, 2004, pp 9-82 Downloads View citations (75)
    See also Working Paper The Case of the Missing Productivity Growth: Or, Does Information technology explain why productivity accelerated in the United States but not the United Kingdom?, Harvard - Institute of Economic Research (2003) Downloads View citations (69) (2003)

2001

  1. Why Is Productivity Procyclical? Why Do We Care?
    A chapter in New Developments in Productivity Analysis, 2001, pp 225-302 Downloads View citations (165)
    See also Working Paper Why Is Productivity Procyclical? Why Do We Care?, National Bureau of Economic Research, Inc (2000) Downloads View citations (53) (2000)
 
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