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Stephen J Turnovsky

Global rank #15 99%

Institution: University of Washington

Primary Field: International (weighted toward more recent publications)

Homepage: http://www.econ.washington.edu/people/stephen-turnovsky

First Publication: 1968

Most Recent: 2025

RePEc ID: ptu5 ↗

Publication Scores

Scores use coauthorship adjustment: α/n credit per paper, where n = number of authors. α = 2.01: calibrated so average adjusted count equals average raw count (a zero-sum adjustment).

Period S (4x) A (2x) B (1x) C (½x) Total
Last 5 Years 0.00 0.00 2.35 0.00 2.68
Last 10 Years 0.00 4.02 7.04 0.00 15.92
All Time 24.47 63.85 69.71 0.00 302.64

Publication Statistics

Raw Publications 136
Coauthorship-Adjusted Count 173.51

Publications (136)

Year Article Journal Tier Authors
2025 Government Spending, Debt Management, and Wealth and Income Inequality in a Growing Monetary Economy* Journal of Money, Credit, and Banking B 2
2022 Economic growth and inequality tradeoffs under progressive taxation Journal of Economic Dynamics and Control B 3
2022 Foreign aid, public investment, and the informal economy Economic Inquiry C 3
2021 Re-opening after the lockdown: Long-run aggregate and distributional consequences of COVID-19 Journal of Mathematical Economics B 3
2020 DYNAMIC STATUS EFFECTS, SAVINGS, AND INCOME INEQUALITY International Economic Review B 3
2020 Redistribution, inequality, and efficiency with credit constraints: Implications for South Africa Economic Modeling C 2
2019 International financial integration and income inequality in a stochastically growing economy Journal of International Economics A 2
2019 Demographic structures, savings, and international capital flows Journal of International Money and Finance B 1
2018 Remittances and the informal economy Journal of Development Economics A 2
2018 The distributional consequences of trade liberalization: Consumption tariff versus investment tariff reduction Journal of Development Economics A 2
2018 Growth and unemployment: Short-run and long-run tradeoffs Journal of Economic Dynamics and Control B 2
2017 Closing the Small Open Economy Model: A Demographic Approach Review of International Economics B 2
2016 Population Size Effects in the Structural Development of England American Economic Journal: Macroeconomics A 2
2015 Inflation Targeting and Economic Reforms in New Zealand International Journal of Central Banking B 3
2015 Economic growth and inequality: The role of public investment Journal of Economic Dynamics and Control B 1
2014 Demography, growth, and inequality Economic Theory B 2
2014 Capital accumulation and the sources of demographic change Journal of Population Economics B 2
2014 Forecasting inflation using commodity price aggregates Journal of Econometrics A 3
2013 Social security, growth, and welfare in overlapping generations economies with or without annuities Journal of Public Economics A 2
2013 Exchange rate pass-through and the effects of tariffs on economic performance and welfare Journal of International Money and Finance B 2
2012 Growth and inequality: Dependence on the time path of productivity increases (and other structural changes) Journal of Economic Dynamics and Control B 3
2012 Infrastructure and inequality European Economic Review B 2
2012 The distributional consequences of foreign transfers: do they reduce or exacerbate inequality? Oxford Economic Papers C 2
2011 Taxation and Income Distribution Dynamics in a Neoclassical Growth Model Journal of Money, Credit, and Banking B 2
2011 Real exchange rate dynamics: The role of elastic labor supply Journal of International Money and Finance B 2
2011 The impact of oil prices on an oil-importing developing economy Journal of Development Economics A 2
2011 Stabilization Theory and Policy: 50 Years after the Phillips Curve Economica C 1
2011 On the role of small models in macrodynamics Journal of Economic Dynamics and Control B 1
2010 How misleading is linearization? Evaluating the dynamics of the neoclassical growth model Journal of Economic Dynamics and Control B 3
2010 Foreign debt supply in an imperfect international capital market: Theory and evidence Journal of International Money and Finance B 2
2009 Trade, Growth, and Environmental Quality* Review of International Economics B 3
2009 Fiscal policy and the structure of production in a two-sector developing economy Journal of Development Economics A 2
2008 Dynamic effects of terms of trade shocks: The impact on debt and growth Journal of International Money and Finance B 3
2008 Distributional dynamics in a neoclassical growth model: The role of elastic labor supply Journal of Economic Dynamics and Control B 2
2008 Consumption externalities: a representative consumer model when agents are heterogeneous Economic Theory B 2
2007 Foreign aid and economic growth: The role of flexible labor supply Journal of Development Economics A 2
2007 Growth, Income Inequality, and Fiscal Policy: What Are the Relevant Trade‐offs? Journal of Money, Credit, and Banking B 2
2007 Consumption externalities, production externalities, and efficient capital accumulation under time non-separable preferences European Economic Review B 2
2006 Growth and income inequality: a canonical model Economic Theory B 2
2006 Excludable and Non‐excludable Public Inputs: Consequences for Economic Growth Economica C 2
2006 Equilibrium consumption and precautionary savings in a stochastically growing economy Journal of Economic Dynamics and Control B 2
2005 Financing Public Investment through Foreign Aid: Consequences for Economic Growth and Welfare* Review of International Economics B 2
2005 Production risk and the functional distribution of income in a developing economy: tradeoffs and policy responses Journal of Development Economics A 2
2005 Second-best optimal taxation of capital and labor in a developing economy Journal of Public Economics A 2
2005 Consumption externalities, production externalities, and long-run macroeconomic efficiency Journal of Public Economics A 2
2004 Habit Formation, Catching Up with the Joneses, and Economic Growth Journal of Economic Growth A 3
2004 Renewable resources in an endogenously growing economy: balanced growth and transitional dynamics Journal of Environmental Economics and Management A 2
2004 Sectoral adjustment costs and real exchange rate dynamics in a two-sector dependent economy Journal of International Economics A 2
2003 Unilateral capital transfers, public investment, and economic growth European Economic Review B 3
2003 Intertemporal substitution, risk aversion, and economic performance in a stochastically growing open economy Journal of International Money and Finance B 2
2003 Volatility and growth in developing economies: some numerical results and empirical evidence Journal of International Economics A 2
2002 The Dynamics of Temporary Policies in a Small Open Economy Review of International Economics B 2
2002 Intertemporal and intratemporal substitution, and the speed of convergence in the neoclassical growth model Journal of Economic Dynamics and Control B 1
2001 Transitional dynamics in a two-sector non-scale growth model Journal of Economic Dynamics and Control B 2
2000 Scale, Congestion and Growth Economica C 2
2000 Differential tariffs, growth, and welfare in a small open economy Journal of Development Economics A 2
2000 Fiscal policy, elastic labor supply, and endogenous growth Journal of Monetary Economics A 1
1999 International Capital Markets and Non-scale Growth. Review of International Economics B 2
1999 Convergence in a Two-Sector Nonscale Growth Model. Journal of Economic Growth A 2
1999 On the role of government in a stochastically growing open economy Journal of Economic Dynamics and Control B 1
1998 Risk, Optimal Government Finance and Monetary Policies in a Growing Economy Economica C 2
1998 Capital income taxation and risk-taking in a small open economy Journal of Public Economics A 2
1996 Endogenous Growth in a Dependent Economy with Traded and Nontraded Capital. Review of International Economics B 1
1996 Fiscal policy, growth, and macroeconomic performance in a small open economy Journal of International Economics A 1
1996 Optimal government finance policy and exchange rate management in a stochastically growing open economy Journal of International Money and Finance B 2
1996 Adjustment costs and investment in a stochastic endogenous growth model Journal of Monetary Economics A 3
1996 Optimal tax, debt, and expenditure policies in a growing economy Journal of Public Economics A 1
1996 Fiscal Policy, Adjustment Costs, and Endogenous Growth. Oxford Economic Papers C 1
1995 The composition of government expenditure and its consequences for macroeconomic performance Journal of Economic Dynamics and Control B 2
1994 External markets, exchange rate dynamics and the impact of monetary disturbances Journal of International Money and Finance B 2
1994 The Dependent-Economy Model with Both Traded and Nontraded Capital Goods. Review of International Economics B 2
1994 Exchange rate determination and asset prices in a stochastic small open economy Journal of International Economics A 2
1994 Taxes, housing, and capital accumulation in a two-sector growing economy Journal of Public Economics A 2
1993 Risk, the financial market, and macroeconomic equilibrium Journal of Economic Dynamics and Control B 2
1993 The impact of terms of trade shocks on a small open economy: A stochastic analysis Journal of International Money and Finance B 1
1992 The International Transmission of Tax Policies in a Dynamic World Economy. Review of International Economics B 2
1991 Dynamic Strategic Monetary Policies and Coordination in Interdependent Economies: Reply. American Economic Review S 1
1991 Intertemporal issues in international macroeconomics Journal of Economic Dynamics and Control B 1
1991 Tariffs and sectoral adjustments in an open economy Journal of Economic Dynamics and Control B 1
1991 Fiscal Policy, Capital Accumulation, and Debt in an Open Economy. Oxford Economic Papers C 2
1990 The effects of taxes and dividend policy on capital accumulation and macroeconomic behavior Journal of Economic Dynamics and Control B 1
1990 Assets, aggregates and optimal monetary control Journal of Banking & Finance B 3
1990 Investment tax credit in an open economy Journal of Public Economics A 2
1989 Deterioration of the terms of trade and capital accumulation: A re-examination of the Laursen-Metzler effect Journal of International Economics A 2
1989 The choice of monetary instrument in two interdependent economies under uncertainty Journal of Monetary Economics A 2
1988 Dynamic Strategic Monetary Policies and Coordination in Interdependent Economies. American Economic Review S 3
1988 The gains from fiscal cooperation in the two-commodity real trade model Journal of International Economics A 1
1987 Optimal monetary growth with accommodating fiscal policy in a small open economy Journal of International Money and Finance B 1
1987 Supply Shocks and Optimal Monetary Policy. Oxford Economic Papers C 1
1986 Optimal strategic monetary policies in dynamic interdependent economies A summary paper Journal of Economic Dynamics and Control B 3
1986 Short-term and long-term interest rates in a monetary model of a small open economy Journal of International Economics A 1
1986 Optimal tariffs in consistent conjectural variations equilibrium Journal of International Economics A 1
1985 Domestic and foreign disturbances in an optimizing model of exchange-rate determination Journal of International Money and Finance B 1
1985 Macroeconomic stabilization through taxation and indexation: The use of firm-specific information Journal of Monetary Economics A 2
1985 An analysis of the stabilizing and welfare effects of intervention in spot and futures markets Journal of Public Economics A 2
1984 The Forward Exchange Market, Speculation, and Exchange Market Intervention Quarterly Journal of Economics S 2
1984 Materials price increases and aggregate adjustment in an open economy : A Stochastic Approach European Economic Review B 2
1984 Exchange market intervention under alternative forms of exogenous disturbances Journal of International Economics A 1
1984 Monetarism and the Aggregate Economy: Some Longer-Run Evidence. Review of Economics and Statistics A 2
1983 Negative international transmission of economic expansion European Economic Review B 2
1983 Exchange Risk, Political Risk, and Macroeconomic Equilibrium. American Economic Review S 2
1983 The dynamic effects of fiscal and monetary policies under bond financing : A theoretical simulation approach to crowding out Journal of Monetary Economics A 2
1982 Effects of monetary disturbances on exchange rates with risk averse speculation Journal of International Money and Finance B 2
1982 A determination of the optimal currency basket : A macroeconomic analysis Journal of International Economics A 1
1982 The incidence of taxes : A dynamic macroeconomic analysis Journal of Public Economics A 1
1981 Editorial Journal of Economic Dynamics and Control B 1
1981 The optimal intertemporal choice of inflation and unemployment An analysis of the steady state and transitional dynamics Journal of Economic Dynamics and Control B 1
1981 The effects of devaluation and foreign price disturbances under rational expectations Journal of International Economics A 1
1980 Time consistency and optimal government policies in perfect foresight equilibrium Journal of Public Economics A 2
1980 The consistent specification of adaptive expectations in continuous time models : Information lags and finite forecast horizons Journal of Economic Dynamics and Control B 2
1980 Perfect myopic foresight and the effects of monetary and fiscal policy in a simple inflationary model : Some analytical and numerical results European Economic Review B 2
1980 The Optimum Monetary Aggregate for Stabilization Policy Quarterly Journal of Economics S 2
1980 Expectations and the Dynamics of Devaluation Review of Economic Studies S 1
1979 Optimal monetary policy under flexible exchange rates Journal of Economic Dynamics and Control B 1
1979 Futures markets, private storage, and price stabilization Journal of Public Economics A 1
1979 Inflationary Expectations in a Two-Sector Model of Wage-Price Determination. Oxford Economic Papers C 1
1978 The distribution of welfare gains from price stabilization : An international perspective Journal of International Economics A 4
1978 Price expectations, disequilibrium adjustments, and macroeconomic price stability Journal of Economic Theory A 2
1978 Stabilization rules and the benefits from price stabilization Journal of Public Economics A 1
1977 On the Choice of Numeraire and Certainty Price in General Equilibrium Models of Price Uncertainty Review of Economic Studies S 3
1977 Price Expectations and Stability in a Short-Run Multi-Asset Macro Model. American Economic Review S 2
1977 Structural Expectations and the Effectiveness of Government Policy in a Short-Run Macroeconomic Model. American Economic Review S 1
1977 Perfect Foresight, Expectational Consistency, and Macroeconomic Equilibrium. Journal of Political Economy S 2
1976 The dynamics of fiscal policy in an open economy Journal of International Economics A 1
1976 Some Effects of Taxes on Inflation Quarterly Journal of Economics S 2
1976 Optimal Stabilization Policies for Stochastic Linear Systems: The Case of Correlated Multiplicative and Additive Disturbances Review of Economic Studies S 1
1974 The Stability Properties of Optimal Economic Policies. American Economic Review S 1
1974 Technological and Price Uncertainty in a Ricardian Model of International Trade Review of Economic Studies S 1
1973 Optimal Stabilization Policies for Deterministic and Stochastic Linear Economic Systems Review of Economic Studies S 1
1972 Capital Deepening Response in an Economy with Heterogeneous Capital Goods. American Economic Review S 2
1972 Optimal macroeconomic policy adjustment under conditions of risk Journal of Economic Theory A 2
1972 A Test of the "Expectations Hypothesis" Using Directly Observed Wage and Price Expectations. Review of Economics and Statistics A 2
1970 Financial Structure and the Theory of Production. Journal of Finance A 1
1970 Safety-First and Expected Utility Maximization in Mean-Standard Deviation Portfolio Analysis. Review of Economics and Statistics A 2
1969 A bayesian approach to the theory of expectations Journal of Economic Theory A 1
1968 Stochastic Stability of Short-Run Market Equilibrium under Variations in Supply Quarterly Journal of Economics S 1