David H Papell

Biographic Data

ID6447386
NAMEDavid H Papell
GIVEN NAMESDavid H
FAMILY NAMEPapell
SIGNATUREPAPELL D H
AFFILIATIONSUniversity of Houston
ORCID0000-0001-6504-3659
VERIFIEDYes
TOTAL WORKS8
TOTAL CITATIONS4
WORKS AS AUTHOR8
WORKS AS EDITOR0
FIRST PUBLICATION YEAR1991
LATEST PUBLICATION YEAR2012
H-INDEX1

  • Taylor Rule Exchange Rate Forecasting During the Financial Crisis

    Tanya Molodtsova, David Papell et al.REPORTNational Bureau of Economic…2012

    This paper evaluates out-of-sample exchange rate predictability of Taylor rule models, where the central bank sets the interest rate in response to inflation and either the output or the unemployment gap, for the euro/dollar exchange rate with real-time data before, during, and after the financial crisis of 2008-2009. While all Taylor rule specifications outperform the random walk with forecasts ending between 2007:Q1 and 2008:Q2, only the specif…

  • Purchasing power parity and country characteristics

    Open AccessJoseph D Alba, David H PapellARTICLEJournal of Development Economics2006Cited by: 3References: 3

  • Do Panels Help Solve the Purchasing Power Parity Puzzle

    Conor Murray, Christian J Murray et al.ARTICLEJournal of Business and Economic…2005

    While Rogoff (1996) describes the “remarkable consensus ” of 3 to 5 year half-lives of purchasing power parity deviations among studies using long-horizon data, recent papers using panel methods with post-1973 data report shorter half-lives of 2 to 2.5 years. These studies, however, do not use appropriate techniques to measure persistence. We extend median-unbiased estimation methods to the panel context, calculate both point estimates and confid…

  • The Structure of Unemployment

    David H Papell, Conor Murray et al.ARTICLEThe Review of Economics and…2000

    We test for a unit root in postwar unemployment rates for sixteen OECD countries. When a one-time structural break is incorporated, the unit root hypothesis can be rejected for most of the countries and the measured persistence of unemployment falls dramatically. We then test for multiple structural changes and find evidence of one or two breaks for those countries for which the unit root hypothesis could be rejected. Almost all of the breaks are…

  • Slowdowns and Meltdowns

    Dan Ben‐David, Dan Ben-David et al.ARTICLEThe Review of Economics and…1998

    This paper proposes an explicit test for determining the significance and the timing of slowdowns in economic growth. We examine a large sample of countries and find that a majority—though not all—exhibit a significant structural break in their postwar growth rates. We find that (a) most industrialized countries experienced postwar growth slowdowns in the early 1970s, though (b) the United States, Canada, and the United Kingdom did not, and (c) d…

  • Exchange rate determination and inflation in Southeast Asian countries

    Open AccessJoseph D Alba, David H PapellARTICLEJournal of Development Economics1998Cited by: 1References: 4

  • Multiple Trend Breaks and the Unit-Root Hypothesis

    Robin L Lumsdaine, David H PapellARTICLEThe Review of Economics and…1997

    Ever since Nelson and Plosser (1982) found evidence in favor of the unit-root hypothesis for 13 long-term annual macro series, observed unit - root behavior has been equated with persistence in the economy. Perron (1989) questioned this interpretation, arguing instead that the "observed" behavior may indicate failure to account for structural change. Zivot and Andrews (1992) restored confidence in the unit-root hypothesis by incorporating an endo…

  • Chaos Theory and Microeconomics

    Steven G Craig, J E Kohlhase et al.ARTICLEThe Review of Economics and…1991

    Steven G. Craig, Janet E. Kohlhase, David H. Papell, Chaos Theory and Microeconomics: An Application to Model Specification and Hedonic Estimation, The Review of Economics and Statistics, Vol. 73, No. 2 (May, 1991), pp. 208-215