Economics Faculty Directory

Susanto Basu

Professor; Director of Graduate Studies

Department

Economics

Selected Publications

“Uncertainty Shocks in a Model of Effective Demand,” with B. Bundick, 2017. Econometrica, 85, 937–958

“Allocative and Remitted Wages: New Facts and Challenges for Keynesian Models,” with C. House, 2016. Chapter 6 in Handbook of Macroeconomics, vol. 2A, John B. Taylor and Harald Uhlig, eds., 297-354

"Some Evidence on the Importance of Sticky Wages," with A. Barattieri and P. Gottschalk, 2014. American Economic Journal: Macroeconomics, 6, 70-101

“Whither News Shocks?” with R. B. Barsky and K. Lee, 2014.  NBER Macroeconomics Annual, 29, 225-264

"Are Technology Improvements Contractionary?", with M. S. Kimball and J. G. Fernald, 2006. American Economic Review, 96, 1418-1448

"Appropriate Technology and Growth," with D. N. Weil, 1998. Quarterly Journal of Economics, 113, 1025-1054

"Returns to Scale in U.S. Production: Estimates and Implications", with J. G. Fernald, 1997. Journal of Political Economy 105, 249-83

Downloadable Boston College Working Papers

Working Paper 1029. Susanto Basu (Boston College), Giacomo Candian (HEC Montréal), Ryan Chahrour (Boston College), Rosen Valchev (Boston College), "Risky Business Cycles." (04/2021; PDF)

Working Paper 910. Susanto Basu and Pierre De Leo, "Should Central Banks Target Investment Prices?" (rev. 05/2017: PDF)

Working Paper 793. Susanto Basu, Luigi Pascali, Fabio Schiantarelli and Luis Serven (World Bank), "Productivity and the Welfare of Nations" (rev. 02/2016: PDF)

Working Paper 774. Susanto Basu and Brent Bundick (FRB, Kansas City), "Uncertainty Shocks in a Model of Effective Demand" (rev. 11/2015: PDF)

Working Paper 740. Alessandro Barattieri, Susanto Basu and Peter Gottschalk, "Some Evidence on the Importance of Sticky Wages" (06/2010: PDF)

Working Paper 728. Susanto Basu, Luigi Pascali, Fabio Schiantarelli and Luis Serven (World Bank), "Productivity, Welfare and Reallocation: Theory and Firm Level Evidence" (rev. 06/2010: PDF)