image004Yuriy Gorodnichenko

Assistant 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 | References

 

Publications

"What can survey forecasts tell us about informational rigidities?" with Olivier Coibion, conditionally accepted for publication in Journal of Political Economy, PDF.

-          other versions NBER.

"The optimal inflation rate in New Keynesian models," with Olivier Coibion and Johannes Wieland, accepted for publication in Review of Economic Studies, PDF.

-          in media: Econbrowser.

-          other versions NBER, SSRN.

"The Finnish Great Depression: From Russia with love," with Linda Tesar and Enrique Mendoza, accepted for publication in American Economic Review, PDF.

-          other versions NBER, SSRN, IZA.

"Financial constraints and innovation: Why poor countries don't catch up," with Monika Schnitzer, accepted for publication 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, accepted for publication in Econometric Theory, PDF.

"Measuring the Output Responses to Fiscal Policy," with Alan Auerbach, accepted for publication in American Economic Journal – Economic Policy, PDF.

-          in media: VoxEU.org, International Business Times.

-          other versions NBER, SSRN.

"Monetary Policy, Trend Inflation and the Great Moderation: An Alternative Interpretation," with Olivier Coibion, American Economic Review 101(2011), 341–370, PDF

-          in media: DeLong; VoxEU.org. 

-          other versions PDF, NBER, SSRN.

"Strategic interaction among heterogeneous price-setters in an estimated DSGE model," with Olivier Coibion, Review of Economics and Statistics 93(2011), 920-40, PDF

-          other versions 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, PDF.

-          other versions 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, PDF.

-          award: National Prize in Applied Economics, Russia.

-          in media: WSJ; VoxEU.org; Guardian.

-          longer versions SSRN, NBER, IZA.

"Estimation of DSGE models when data are persistent," with Serena Ng, Journal of Monetary Economics 57(2010), 325–340, PDF.

-          in media: Econbrowser.

-          other versions PDF, NBER, SSRN.

"Globalization and innovation in emerging markets," with Jan Svejnar and Katherine Terrell, American Economic Journal – Macroeconomics 2(2010), 194–226, PDF.

-          in media: MIT Sloan Management Review.

-          other versions PDF, NBER, IZA.

"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, PDF.

-          other versions NBER, SSRN, IZA; in media: Vedomosti (in Russian).

-          previous title: "A Bumpy Ride Along the Kuznets curve: Consumption and Income Inequality Dynamics in Russia".

"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, PDF.

-          other versions 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, PDF.

-          other versions 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, PDF.

-          other versions SSRN.

"Are oligarchs productive? Theory and evidence," with Yegor Grygorenko, Journal of Comparative Economics 36(2008), 17-42, PDF.

-          award: Montias prize for the best article published in the Journal of Comparative Economics in 2008-2009.

-          in media: Guardian.

-          other versions SSRN, IZA.

"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. PDF.

-          in media: WSJ.

-          other versions SSRN, NBER.

"Public sector pay and corruption: Measuring bribery from micro data," with Klara Sabirianova Peter, Journal of Public Economics 91(2007), 963-991. PDF.

-          in media: World Bank’s Beyond Transition 17(3).

-          other versions SSRN, IZA.

"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. PDF.

-          other versions SSRN, IZA.

Working papers

"Information Rigidity and the Expectations Formation Process: A Simple Framework and New Facts," with Olivier Coibion, PDF (revision requested by American Economic Review).

-          other versions NBER, SSRN.

"Fiscal Multipliers in Recession and Expansion," with Alan Auerbach, PDF.

"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.

"Why are target interest rate changes so persistent?" with Olivier Coibion, PDF.

-          in media: VoxEU.org

-          other versions NBER, SSRN

"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.

-          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.

"Sensitivity of Prices to Demand Shocks: A Natural Experiment in the San Francisco Bay Area," with Volodymyr Bilotkach and Oleksandr Talavera, 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.