NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

NBER Publications by Emmanuel Farhi

Contact and additional information for this authorAll NBER papers and publicationsNBER Working Papers onlyInformation about this author at RePEc

Working Papers and Chapters

July 2014Coordination and Crisis in Monetary Unions
with Mark Aguiar, Manuel Amador, Gita Gopinath: w20277

Forthcoming: Coordination and Crisis in Monetary Unions, Mark Aguiar, Manuel Amador, Emmanuel Farhi, Gita Gopinath. in Sovereign Debt and Financial Crisis, Kalemli-Ozcan, Reinhart, and Rogoff. 2014

May 2014Labor Mobility Within Currency Unions
with Iván Werning: w20105
February 2014The Safety Trap
with Ricardo J. Caballero: w19927
October 2013How Much Would You Pay to Resolve Long-Run Risk?
with Larry G. Epstein, Tomasz Strzalecki: w19541

Published: Larry G. Epstein & Emmanuel Farhi & Tomasz Strzalecki, 2014. "How Much Would You Pay to Resolve Long-Run Risk?," American Economic Review, American Economic Association, American Economic Association, vol. 104(9), pages 2680-97, September. citation courtesy of

Crisis and Commitment: Inflation Credibility and the Vulnerability to Sovereign Debt Crises
with Mark Aguiar, Manuel Amador, Gita Gopinath: w19516
August 2013A Theory of Macroprudential Policies in the Presence of Nominal Rigidities
with Iván Werning: w19313
February 2013Estate Taxation with Altruism Heterogeneity
with Iván Werning: w18792

Published: Emmanuel Farhi & Iván Werning, 2013. "Estate Taxation with Altruism Heterogeneity," American Economic Review, American Economic Association, vol. 103(3), pages 489-95, May. citation courtesy of

January 2013A Model of the Safe Asset Mechanism (SAM): Safety Traps and Economic Policy
with Ricardo J. Caballero: w18737
September 2012Fiscal Multipliers: Liquidity Traps and Currency Unions
with Iván Werning: w18381
August 2012Fiscal Unions
with Ivan Werning: w18280
June 2012Dealing with the Trilemma: Optimal Capital Controls with Fixed Exchange Rates
with Ivan Werning: w18199
May 2012Monetary Policy, Liquidity, and Growth
with Philippe Aghion, Enisse Kharroubi: w18072
December 2011Fiscal Devaluations
with Gita Gopinath, Oleg Itskhoki: w17662

Fiscal Devaluations” (with Gita Gopinath and Oleg Itskhoki) Review of Economic Studies, forthcoming.

February 2011Unconventional Fiscal Policy at the Zero Bound
with Isabel Correia, Juan Pablo Nicolini, Pedro Teles: w16758

Published: Isabel Correia & Emmanuel Farhi & Juan Pablo Nicolini & Pedro Teles, 2013. "Unconventional Fiscal Policy at the Zero Bound," American Economic Review, American Economic Association, vol. 103(4), pages 1172-1211, June. citation courtesy of

January 2011Insurance and Taxation over the Life Cycle
with Iván Werning: w16749

Published: Emmanuel Farhi, 2013. "Insurance and Taxation over the Life Cycle," Review of Economic Studies, Oxford University Press, vol. 80(2), pages 596-635. citation courtesy of

Bubbly Liquidity
with Jean Tirole: w16750

Published: Emmanuel Farhi & Jean Tirole, 2012. "Bubbly Liquidity," Review of Economic Studies, Oxford University Press, vol. 79(2), pages 678-706. citation courtesy of

July 2009Collective Moral Hazard, Maturity Mismatch and Systemic Bailouts
with Jean Tirole: w15138

Published: Emmanuel Farhi & Jean Tirole, 2012. "Collective Moral Hazard, Maturity Mismatch, and Systemic Bailouts," American Economic Review, American Economic Association, vol. 102(1), pages 60-93, February. citation courtesy of

June 2009Crash Risk in Currency Markets
with Samuel Paul Fraiberger, Xavier Gabaix, Romain Ranciere, Adrien Verdelhan: w15062
December 2008Financial Crash, Commodity Prices and Global Imbalances
with Ricardo J. Caballero, Pierre-Olivier Gourinchas: w14521

Published: Financial Crash, Commodity Prices, and Global Imbalances Ricardo J. Caballero, Emmanuel Farhi and Pierre-Olivier Gourinchas Brookings Papers on Economic Activity , Vol. 2008, (Fall, 2008) , pp. 1-55

October 2008Fear of Rejection? Tiered Certification and Transparency
with Josh Lerner, Jean Tirole: w14457
April 2008Competing Liquidities: Corporate Securities, Real Bonds and Bubbles
with Jean Tirole: w13955

Published: “ Bubbly Liquidity” (with Jean Tirole) Review of Economic Studies, February 2012, vol 79 (2)

February 2008Rare Disasters and Exchange Rates
with Xavier Gabaix: w13805
January 2008Optimal Savings Distortions with Recursive Preferences
with Iván Werning: w13720

Published: Farhi, Emmanuel & Werning, Iván, 2008. "Optimal savings distortions with recursive preferences," Journal of Monetary Economics, Elsevier, vol. 55(1), pages 21-42, January. citation courtesy of

September 2007Capital Taxation and Ownership when Markets are Incomplete
w13390

Published: Emmanuel Farhi, 2010. "Capital Taxation and Ownership When Markets Are Incomplete," Journal of Political Economy, University of Chicago Press, vol. 118(5), pages 908 - 948. citation courtesy of

March 2007A Theory of Liquidity and Regulation of Financial Intermediation
with Mikhail Golosov, Aleh Tsyvinski: w12959

Published: Emmanuel Farhi & Mikhail Golosov & Aleh Tsyvinski, 2009. "A Theory of Liquidity and Regulation of Financial Intermediation," Review of Economic Studies, Blackwell Publishing, vol. 76(3), pages 973-992, 07. citation courtesy of

October 2006Progressive Estate Taxation
with Ivan Werning: w12600

Published: Farhi, Emmanuel and Ivan Werning. “Progressive Estate Taxation." Quarterly Journal of Economics 125, 2 (May 2010): 635-673.. citation courtesy of

February 2006An Equilibrium Model of "Global Imbalances" and Low Interest Rates
with Ricardo J. Caballero, Pierre-Olivier Gourinchas: w11996

Published: Caballero, Ricardo, Emmanuel Farhi and Pierre-Olivier Gourinchas. “An Equilibrium Model of Global Imbalances and Low Interest Rates." American Economic Review 98, 1 (March 2008). citation courtesy of

June 2005Inequality, Social Discounting and Estate Taxation
with Ivan Werning: w11408

Published: Farhi, Emmanuel and Ivan Werning. “Inequality and Social Discounting.” Journal of Political Economy 115, 3 (June 2007).

May 2004Speculative Growth: Hints from the US Economy
with Ricardo Caballero, Mohamad L. Hammour: w10518

Published: Caballero, Ricardo J., Emmanuel Farhi and Mohamad L. Hammour. "Speculative Growth: Hints From The U.S. Economy," American Economic Review, 2006, v96(4,Sep), 1159-1192. citation courtesy of

Contact and additional information for this authorAll NBER papers and publicationsNBER Working Papers onlyInformation about this author at RePEc

 
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