WorldCat Identities

Gross, Daniel

Works: 3 works in 3 publications in 1 language and 4 library holdings
Roles: Author
Classifications: HC106.84, 330.973
Publication Timeline
Most widely held works by Daniel Gross
Better, stronger, faster : the myth of American decline-- and the rise of a new economy by Daniel Gross( Book )

1 edition published in 2012 in English and held by 2 WorldCat member libraries worldwide

An optimistic assessment of America's economic prospects examines positive trends that indicate imminent improvements, explaining how America is tapping the same strengths that enabled recovery after the Great Depression
Trade flows and the international business cycle by Daniel Gross( )

1 edition published in 2001 in English and held by 1 WorldCat member library worldwide

We investigate into the role of the trade channel as important determinant of a country's current account position and the degree of business cycle synchronization with the rest of the world by comparing the predictions of two types of DGE models. It is shown that the behavior of a country's external balance and the international transmission of shocks depends amongst other things on two factors: i) the magnitude of trade interdependence, ii) the degree of substitutability between importable and domestically-produced goods. Using time series data on bilateral trade flows, we estimate the magnitude of trade interdependence and the elasticity of substitution between importable and domestic goods for the G7 countries. Given these estimates, idiosyncratic supply shocks potentially induce changes in the current account and foreign output that vary in direction and magnitude across G7 countries. The relationship between the magnitude of foreign trade and the import substitutability with various correlation measures is examined empirically in a cross-sectional dimension. Klassifikation: E32, F41
Country-specific and global shocks in the business cycle by Daniel Gross( )

1 edition published in 2001 in English and held by 1 WorldCat member library worldwide

Industrial production in G7 countries is assumed to be driven by two exogenous disturbances. Those disturbances are identified in a VAR model so they can be interpreted as country-specific and global supply shocks. The dynamic properties of the model are analyzed and the relative importance of each shock is measured. It is shown that the VAR model matches most of the theoretical predictions of standard intertemporal open-economy models. The identified structural disturbances are analyzed with regard to their impact on the current account and investment. Klassifikation: E32, F41
Audience Level
Audience Level
  Kids General Special  
Audience level: 0.34 (from 0.22 for Better, st ... to 0.47 for Trade flow ...)