NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

NBER Publications by Matthew D. Shapiro

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

Working Papers and Chapters

March 2014Using Social Media to Measure Labor Market Flows
with Dolan Antenucci, Michael Cafarella, Margaret Levenstein, Christopher Ré: w20010
June 2013Comment on "The Great Inflation in the United States and the United Kingdom: Reconciling Policy Decisions and Data Outcomes"
in The Great Inflation: The Rebirth of Modern Central Banking, Michael D. Bordo and Athanasios Orphanides, editors
February 2013Forecasting the Recovery from the Great Recession: Is This Time Different?
with Kathryn M.E. Dominguez: w18751

Published: Kathryn M. E. Dominguez & Matthew D. Shapiro, 2013. "Forecasting the Recovery from the Great Recession: Is This Time Different?," American Economic Review, American Economic Association, vol. 103(3), pages 147-52, May. citation courtesy of

August 2010Household Response to the 2008 Tax Rebate: Survey Evidence and Aggregate Implications
with Claudia R. Sahm, Joel Slemrod
in Tax Policy and the Economy, Volume 24, Jeffrey R. Brown, editor
July 2010Check in the Mail or More in the Paycheck: Does the Effectiveness of Fiscal Stimulus Depend on How It Is Delivered?
with Claudia R. Sahm, Joel Slemrod: w16246

Published: Claudia R. Sahm & Matthew D. Shapiro & Joel Slemrod, 2012. "Check in the Mail or More in the Paycheck: Does the Effectiveness of Fiscal Stimulus Depend on How It Is Delivered?," American Economic Journal: Economic Policy, American Economic Association, vol. 4(3), pages 216-50, August. citation courtesy of

October 2009Household Response to the 2008 Tax Rebate: Survey Evidence and Aggregate Implications
with Claudia R. Sahm, Joel B. Slemrod: w15421

Published: Household Response to the 2008 Tax Rebate: Survey Evidence and Aggregate Implications, Claudia R. Sahm, Matthew D. Shapiro, Joel Slemrod. in Tax Policy and the Economy, Volume 24, Brown. 2010

June 2009Stepping Off the Wage Escalator: The Effects of Wage Growth on Equilibrium Employment
with Michael W. L. Elsby: w15117

Published: “Why Does Trend Growth Affect Equilibrium Employment? A New Explanation of an Old Puzzle” by Michael W.L. Elsby and Matthew D. Shapiro, American Economic Review 102(4) (2012) 1378–1413. PDF file, On-line Appendix, Data files. Previously circulated as "Stepping Off the Wage Escalator: The Effects of Wage Growth on Equilibrium Employment."

February 2009Did the 2008 Tax Rebates Stimulate Spending?
with Joel B. Slemrod: w14753

Published: Matthew D. Shapiro & Joel Slemrod, 2009. "Did the 2008 Tax Rebates Stimulate Spending?," American Economic Review, American Economic Association, vol. 99(2), pages 374-79, May. citation courtesy of

Risk Preferences in the PSID: Individual Imputations and Family Covariation
with Miles S. Kimball, Claudia R. Sahm: w14754

Published: Miles S. Kimball & Claudia R. Sahm & Matthew D. Shapiro, 2009. "Risk Preferences in the PSID: Individual Imputations and Family Covariation," American Economic Review, American Economic Association, vol. 99(2), pages 363-68, May. citation courtesy of

July 2008Labor Supply: Are the Income and Substitution Effects Both Large or Both Small?
with Miles S. Kimball: w14208
October 2007Why Do Computers Depreciate?
with Michael J. Geske, Valerie A. Ramey
in Hard-to-Measure Goods and Services: Essays in Honor of Zvi Griliches, Ernst R. Berndt and Charles R. Hulten, editors
August 2007Imputing Risk Tolerance from Survey Responses
with Miles S. Kimball, Claudia R. Sahm: w13337

Published: Kimball, Miles S & Sahm, Claudia R & Shapiro, Matthew D, 2008. "Imputing Risk Tolerance From Survey Responses," Journal of the American Statistical Association, American Statistical Association, vol. 103(483), pages 1028-1038. citation courtesy of

September 2006Temporary Investment Tax Incentives: Theory with Evidence from Bonus Depreciation
with Christopher House: w12514

Published: Christopher L. House & Matthew D. Shapiro, 2008. "Temporary Investment Tax Incentives: Theory with Evidence from Bonus Depreciation," American Economic Review, American Economic Association, vol. 98(3), pages 737-68, June. citation courtesy of

June 2006Monetary Policy When Potential Output is Uncertain: Understanding the Growth Gamble of the 1990s
with Yuriy Gorodnichenko: w12268

Published: Gorodnichenko, Yuriy & Shapiro, Matthew D, 2007. "Monetary policy when potential output is uncertain: Understanding the growth gamble of the 1990s," Journal of Monetary Economics, Elsevier, vol. 54(4), pages 1132-1162, May. citation courtesy of

October 2004Why Do Computers Depreciate?
with Michael J. Geske, Valerie A. Ramey: w10831

Published:

April 2004Phased-In Tax Cuts and Economic Activity
with Christopher L. House: w10415

Published: Christopher L. House & Matthew D. Shapiro, 2006. "Phased-In Tax Cuts and Economic Activity," American Economic Review, American Economic Association, vol. 96(5), pages 1835-1849, December. citation courtesy of

January 2003Front matter, Scanner Data and Price Indexes
with Robert C. Feenstra
in Scanner Data and Price Indexes, Robert C. Feenstra and Matthew D. Shapiro, editors
Introduction to "Scanner Data and Price Indexes"
with Robert C. Feenstra
in Scanner Data and Price Indexes, Robert C. Feenstra and Matthew D. Shapiro, editors
High-Frequency Substitution and the Measurement of Price Indexes
with Robert C. Feenstra
in Scanner Data and Price Indexes, Robert C. Feenstra and Matthew D. Shapiro, editors
Did the 2001 Tax Rebate Stimulate Spending? Evidence from Taxpayer Surveys
with Joel Slemrod
in Tax Policy and the Economy, Volume 17, James Poterba, editor
November 2002Did the 2001 Tax Rebate Stimulate Spending? Evidence from Taxpayer Surveys
with Joel Slemrod: w9308

Published: Did the 2001 Tax Rebate Stimulate Spending? Evidence from Taxpayer Surveys, Matthew D. Shapiro, Joel Slemrod. in Tax Policy and the Economy, Volume 17, Poterba. 2003

December 2001Consumer Response to Tax Rebates
with Joel Slemrod: w8672

Published: Shapiro, Matthew D. and Joel Slemrod. "Consumer Response To Tax Rebates," American Economic Review, 2003, v93(1,Mar), 381-396. citation courtesy of

July 2001Productivity Growth in the 1990s: Technology, Utilization, or Adjustment?
with Susanto Basu, John G. Fernald: w8359

Published: Basu, Susanto & Fernald, John G. & Shapiro, Matthew D., 2001. "Productivity growth in the 1990s: technology, utilization, or adjustment?," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 55(1), pages 117-165, December. citation courtesy of

March 2001High-Frequency Substitution and the Measurement of Price Indexes
with Robert C. Feenstra: w8176

Published: High-Frequency Substitution and the Measurement of Price Indexes, Robert C. Feenstra, Matthew D. Shapiro. in Scanner Data and Price Indexes, Feenstra and Shapiro. 2003

January 2001Measuring the value of Cataract Surgery
with Irving Shapiro, David Wilcox
in Medical Care Output and Productivity, David M. Cutler and Ernst R. Berndt, editors
April 1999Costly Capital Reallocation and the Effects of Government Spending
with Valerie A. Ramey: w6283

Published: Carnegie-Rochester Conference Series on Public Policy, vol. 48, 1998, pp. 1 145-194 citation courtesy of

February 1999Quality Improvement in Health Care: A Framework for Price and Output Measurement
with Irving Shapiro, David W. Wilcox: w6971

Published: American Economic Review Proceedings, Vol. 89 (May 1999): 333-337. citation courtesy of

October 1998Displaced Capital
with Valerie A. Ramey: w6775

Published: Valerie A. Ramey & Matthew D. Shapiro, 2001. "Displaced Capital: A Study of Aerospace Plant Closings," Journal of Political Economy, University of Chicago Press, vol. 109(5), pages 958-992, October.

May 1997Macroeconomic Implications of Variation in the Workweek of Capital
r2117

Published: Brookings Papers on Economic Activity, Volume 27, Issue 2, 1996, pp. 79-119, 131-113, 1996.

March 1997Alternative Strategies for Aggregating Prices in the CPI
with David W. Wilcox: w5980

Published: Federal Reserve Bank of St. Louis Review, vol 79, no. 3, pp. 113-125, May/June 1997 citation courtesy of

May 1996Generating Non-Standard Multivariate Distributions with an Application to Mismeasurement in the CPI
with David W. Wilcox: t0196
Mismeasurement in the Consumer Price Index: An Evaluation
with David W. Wilcox: w5590

Published: Mismeasurement in the Consumer Price Index: An Evaluation, Matthew D. Shapiro, David W. Wilcox. in NBER Macroeconomics Annual 1996, Volume 11, Bernanke and Rotemberg. 1996

January 1996Mismeasurement in the Consumer Price Index: An Evaluation
with David W. Wilcox
in NBER Macroeconomics Annual 1996, Volume 11, Ben S. Bernanke and Julio J. Rotemberg, Editors
August 1995Preference Parameters and Behavioral Heterogeneity: An Experimental Approach in the Health and Retirement Survey
with Robert B. Barsky, Miles S. Kimball, F. Thomas Juster: w5213

Published: Quarterly Journal of Economics, Vol. 112 (May 1997): 537-579.

January 1994Federal Reserve Policy: Cause and Effect
in Monetary Policy, N. Gregory Mankiw, ed.
April 1993Federal Reserve Policy: Cause and Effect
w4342

Published:

Consumer Response to the Timing of Income: Evidence from a Change in Tax Withholding
with Joel Slemrod: w4344

Published: American Economic Review, vol. 85, no. 1, pp. 274-283, (March 1995) citation courtesy of

September 1990Fundamental Value and Market Value
with William C. Brainard, John B. Shoven: w3452

Published: Money, Macroeconomics, and Economics Policy: Essays in Honor of James Tobin , W.C. Brainard, W.D. Nordhaus, and H.W. Watts, eds. Cambridge, M.I.T. Press, 1991.

December 1989Assessing the Federal Reserve's Measures of Capacity and Utilization
r1332

Published: Brookings Papers on Economic Activity, No. 1, pp. 181-225, (1989).

October 1989Stock Market Forecastability and Volatility: A Statistical Appraisal
with N. Gregory Mankiw, David H. Romer: w3154

Published: Review of Economic Studies, Vol. 58, No. 3, pp. 455-477, May 1991. citation courtesy of

July 1988The Stabilization of the U.S. Economy Evidence From the Stock Market
w2645

Published: Shapiro, Matthew D. "The Stabilization of the U.S. Economy Evidence From the Stock Market," from American Economic Review, Vol. 78, No. 5, December 1988. citation courtesy of

May 1988Sources of Business Cycle Fluctuations
with Mark W. Watson: w2589

Published:

1988Sources of Business Cycles Fluctuations
with Mark Watson
in NBER Macroeconomics Annual 1988, Volume 3, Stanley Fischer, editor
April 1987Measuring Market Power in U.S. Industry
w2212
February 1987Risk and Return: Consumption versus Market Beta
with N. Gregory Mankiw: w1399

Published: Mankiw, N. Gregory and Matthew D. Shapiro. "Risk and Return: Consumption Beta versus Market Beta," Review of Economics and Statistics, Vol. 68, No. 3, August 1986, pp. 452-459.

Are Cyclical Fluctuations in Productivity Due More to Supply Shocks or Demand Shocks?
w2147

Published: Shapiro, Matthew D. "Are Cyclical Fluctuations in Productivity Due More to Supply Shocks of Demand Shocks?" From The American Economic Review, Vol. 77, No. 2, pp. 118-124, (May 1987). citation courtesy of

1987Supply Shocks in Macroeconomics
w2146

Published:

  • Shapiro, Matthew D. "Supply Shocks in Macroeconomics," The New Palgrave, London: Macmillan, 1987.
  • Shapiro, Matthew D. "Are Cyclical Fluctuations In Productivity Due More To Supply Shocks Or Demand Shocks?," American Economic Review, 1987, v77(2), 118-124.

December 1986Forecasting the Depression: Harvard Versus Yale
with Ray C. Fair, Kathryn M. Dominguez: w2095

Published:

  • The American Economic Review, Vol. 78, No. 4, pp. 595-612, (September 1988).
  • Dominguez, Kathryn M & Fair, Ray C & Shapiro, Matthew D, 1988. "Forecasting the Depression: Harvard versus Yale," American Economic Review, American Economic Association, vol. 78(4), pages 595-612, September. citation courtesy of

October 1986Investment, Output, adn the Cost of Capital
r0774

Published: Shapiro, Matthew D. "Investment, Output, and the Cost of Capital." Brookings Papers on Economic Activity, Vol. 1, (1986), pp. 111-152.

June 1986News or Noise? An Analysis of GNP Revisions
with N. Gregory Mankiw: w1939

Published: Mankiw, N. Gregory and Matthew D. Shapiro."News or Noise? Analysis of GNP Revisions," Survey of Current Business, Vol. 66, pp. 20-25, May 1986.

April 1986The Dynamic Demand for Capital and Labor
w1899

Published: Shapiro, Matthew D."The Dynamic Demand for Capital and Labor," Quarterly Journal of Economics, Vol. 101, No. 3, August 1986, pp. 513-542. citation courtesy of

Capital Utilization and Capital Accumulation: Theory and Evidence
w1900

Published: Shapiro, Matthew D. "Capital Utilization and Capital Accumulation: Theoryand Evidence," Journal of Applied Econometrics, Vol. 1, No. 3, (1986), pp. 211-234. citation courtesy of

October 1985Do We Reject Too Often? Small Sample Properties of Tests of Rational Expectations Models
with N. Gregory Mankiw: t0051

Published: Mankiw, N. Gregory and Matthew D. Shapiro. "Do We Reject Too Often? Small Sample Properties of Tests of Rational Expectations Models," Economic Letters, Vol. 20, pp. 139-145, 1986.

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

 
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