Julia K Thomas
Biographic Data
| ID | 5868004 |
|---|---|
| NAME | Julia K Thomas |
| GIVEN NAMES | Julia K |
| FAMILY NAME | Thomas |
| SIGNATURE | THOMAS J K |
| AFFILIATIONS | Federal Reserve Bank of Minneapolis |
| VERIFIED | No |
| TOTAL WORKS | 3 |
| TOTAL CITATIONS | 12 |
| WORKS AS AUTHOR | 3 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 2002 |
| LATEST PUBLICATION YEAR | 2020 |
| H-INDEX | 2 |
In Belize, a Win for Black Dockworkers
In the sweltering midday sun, dozens of supporters gathered beneath a tarp outside Belize’s main port in the old capital, Belize City, on Friday, March 13, 2020. The rally marked stevedores’ (dockw
Credit Shocks and Aggregate Fluctuations in an Economy with Production Heterogeneity
We study the cyclical implications of credit market imperfections in a quantitative dynamic, stochastic general equilibrium model wherein firms face persistent shocks to aggregate and individual productivity. In our model economy, optimal capital reallocation is distorted by two frictions: collateralized borrowing and partial investment irreversibility. We find that a negative shock to borrowing conditions can, on its own, generate a large and pe…
Is Lumpy Investment Relevant for the Business Cycle
The lumpiness of investment activity at the plant level is a well-established fact. Previous research has suggested that such discrete and occasional adjustments have significant aggregate implications. In particular, it has been argued that changes in plants' willingness to invest in response to aggregate shocks can at times generate large movements in total investment demand. In this study, I reassess these predictions in a general equilibrium …
Is Lumpy Investment Relevant for the Business Cycle
The lumpiness of investment activity at the plant level is a well-established fact. Previous research has suggested that such discrete and occasional adjustments have significant aggregate implications. In particular, it has been argued that changes in plants' willingness to invest in response to aggregate shocks can at times generate large movements in total investment demand. In this study, I reassess these predictions in a general equilibrium …
Credit Shocks and Aggregate Fluctuations in an Economy with Production Heterogeneity
We study the cyclical implications of credit market imperfections in a quantitative dynamic, stochastic general equilibrium model wherein firms face persistent shocks to aggregate and individual productivity. In our model economy, optimal capital reallocation is distorted by two frictions: collateralized borrowing and partial investment irreversibility. We find that a negative shock to borrowing conditions can, on its own, generate a large and pe…
Is Lumpy Investment Relevant for the Business Cycle
The lumpiness of investment activity at the plant level is a well-established fact. Previous research has suggested that such discrete and occasional adjustments have significant aggregate implications. In particular, it has been argued that changes in plants' willingness to invest in response to aggregate shocks can at times generate large movements in total investment demand. In this study, I reassess these predictions in a general equilibrium …
Credit Shocks and Aggregate Fluctuations in an Economy with Production Heterogeneity
We study the cyclical implications of credit market imperfections in a quantitative dynamic, stochastic general equilibrium model wherein firms face persistent shocks to aggregate and individual productivity. In our model economy, optimal capital reallocation is distorted by two frictions: collateralized borrowing and partial investment irreversibility. We find that a negative shock to borrowing conditions can, on its own, generate a large and pe…
In Belize, a Win for Black Dockworkers
In the sweltering midday sun, dozens of supporters gathered beneath a tarp outside Belize’s main port in the old capital, Belize City, on Friday, March 13, 2020. The rally marked stevedores’ (dockw
Aggregate (composite (2 works) · Business cycle (2 works) · Capital (architecture (2 works) · Capital accumulation (2 works) · Economic theories and models (2 works) · Economics (2 works) · General equilibrium theory (2 works) · Investment (military (2 works) · Macroeconomics (2 works) · Microeconomics (2 works)