NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Mathematical and Quantitative Methods: Mathematical Methods • Programming Models • Mathematical and Simulation Modeling


2014
w20425 Chunding Li
Jing Wang
John Whalley

Numerical General Equilibrium Analysis of China’s Impacts from Possible Mega Trade Deals

w20390 Andrew Foerster
Juan Rubio-Ramírez
Daniel F. Waggoner
Tao Zha

Perturbation Methods for Markov-Switching DSGE Models

w20193 Tarek A. Hassan
Thomas M. Mertens

Information Aggregation in a DSGE Model

w20025 Vasco M. Carvalho
Nico Voigtländer

Input Diffusion and the Evolution of Production Networks


2013
w19326 Kenneth L. Judd
Lilia Maliar
Serguei Maliar
Rafael Valero

Smolyak Method for Solving Dynamic Economic Models: Lagrange Interpolation, Anisotropic Grid and Adaptive Domain

w19230 Daron Acemoglu
Asuman Ozdaglar
Alireza Tahbaz-Salehi

The Network Origins of Large Economic Downturns

w19104 Keting Shen
John Whalley

Capital-Labor-Energy Substitution in Nested CES Production Functions for China

w19071 Alan L. Gustman
Thomas L. Steinmeier

Effects of Social Security Policies on Benefit Claiming, Retirement and Saving

w19034 Yongyang Cai
Kenneth L. Judd
Thomas S. Lontzek
Valentina Michelangeli
Che-Lin Su

Nonlinear Programming Method for Dynamic Programming

w18856 Edgar Vogel
Alexander Ludwig
Axel Börsch-Supan

Aging and Pension Reform: Extending the Retirement Age and Human Capital Formation

w18742 B. Douglas Bernheim
Debraj Ray
Sevin Yeltekin

Poverty and Self-Control

w18719 Jeremy Lise
Costas Meghir
Jean-Marc Robin

Mismatch, Sorting and Wage Dynamics

w18714 Yongyang Cai
Kenneth L. Judd
Greg Thain
Stephen J. Wright

Solving Dynamic Programming Problems on a Computational Grid

w18709 Yongyang Cai
Kenneth L. Judd
Rong Xu

Numerical Solution of Dynamic Portfolio Optimization with Transaction Costs

w18704 Yongyang Cai
Kenneth L. Judd
Thomas S. Lontzek

The Social Cost of Stochastic and Irreversible Climate Change


2012
w18661 Marcus Hagedorn
Tzuo Hann Law
Iourii Manovskii

Identifying Equilibrium Models of Labor Market Sorting

w18573 Alessandra Casella
Sébastien Turban

Democracy Undone. Systematic Minority Advantage in Competitive Vote Markets

w18540 Yongyang Cai
Kenneth L. Judd

Dynamic Programming with Hermite Approximation

w18501 Kenneth L. Judd
Lilia Maliar
Serguei Maliar

Merging Simulation and Projection Approaches to Solve High-Dimensional Problems

w18365 Yongyang Cai
Kenneth L. Judd
Thomas S. Lontzek

Continuous-Time Methods for Integrated Assessment Models

w18348 Seonghoon Cho
Bennett T. McCallum

Refining Linear Rational Expectations Models and Equilibria

w18323 Bennett T. McCallum
A Continuity Refinement for Rational Expectations Solutions

w18230 Derek M. Lemoine
Christian P. Traeger

Tipping Points and Ambiguity in the Economics of Climate Change

w18225 Quamrul Ashraf
Boris Gershman
Peter Howitt

How Inflation Affects Macroeconomic Performance: An Agent-Based Computational Investigation

w18215 Bennett T. McCallum
Determinacy, Learnability, Plausibility, and the Role of Money in New Keynesian Models

w18178 Daron Acemoglu
Martin Kaae Jensen

Robust Comparative Statics in Large Dynamic Economies

w18090 Chunding Li
John Whalley

China and the TPP: A Numerical Simulation Assessment of the Effects Involved

w17917 Richard W. Evans
Laurence J. Kotlikoff
Kerk L. Phillips

Game Over: Simulating Unsustainable Fiscal Policy

w17890 Peter Arcidiacono
Patrick Bayer
Federico A. Bugni
Jonathan James

Approximating High-Dimensional Dynamic Models: Sieve Value Function Iteration

w17826 Chunding Li
John Whalley

China's Potential Future Growth and Gains from Trade Policy Bargaining: Some Numerical Simulation Results


2011
w17418 Kenneth L. Judd
Lilia Maliar
Serguei Maliar

How to Solve Dynamic Stochastic Models Computing Expectations Just Once

orrc11-13 Edgar Vogel
Alexander Ludwig
Axel Boersch-Supan

Aging and Pension Reform in a Two-Region World: The Role of Human Capital

w17102 Quamrul Ashraf
Boris Gershman
Peter Howitt

Banks, Market Organization, and Macroeconomic Performance: An Agent-Based Computational Analysis

w17064 Harold L. Cole
Felix Kubler

Recursive Contracts, Lotteries and Weakly Concave Pareto Sets

w17007 Robert J. Shiller
Rafal M. Wojakowski
M. Shahid Ebrahim
Mark B. Shackleton

Continuous Workout Mortgages

w16984 Daron Acemoglu
Diversity and Technological Progress

w16979 Fiorella De Fiore
Harald Uhlig

Bank Finance Versus Bond Finance

w16824 Thomas W. Hertel
Jayson Beckman

Commodity Price Volatility in the Biofuel Era: An Examination of the Linkage Between Energy and Agricultural Markets

w16708 Kenneth Judd
Lilia Maliar
Serguei Maliar

One-node Quadrature Beats Monte Carlo: A Generalized Stochastic Simulation Algorithm

w16697 Xiaoguang Chen
Haixiao Huang
Madhu Khanna
Hayri Önal

Meeting the Mandate for Biofuels: Implications for Land Use, Food and Fuel Prices


2010
w16633 Gianluca Benigno
Pierpaolo Benigno
Salvatore Nisticò

Second-Order Approximation of Dynamic Models with Time-Varying Risk

w16516 Daron Acemoglu
Asuman Ozdaglar
Alireza Tahbaz-Salehi

Cascades in Networks and Aggregate Volatility

w16503 Alan L. Gustman
Thomas L. Steinmeier

Policy Effects in Hyperbolic vs. Exponential Models of Consumption and Retirement

w16304 Serguei Maliar
Lilia Maliar
Kenneth L. Judd

Solving the Multi-Country Real Business Cycle Model Using Ergodic Set Methods

w16285 Andrew Caplin
John V. Leahy

Comparative Statics in Markets for Indivisible Goods

w16284 Andrew Caplin
John V. Leahy

A Graph Theoretic Approach to Markets for Indivisible Goods

w15965 Kenneth L. Judd
Lilia Maliar
Serguei Maliar

A Cluster-Grid Projection Method: Solving Problems with High Dimensionality


2009
w15607 Alan L. Gustman
Thomas Steinmeier

Integrating Retirement Models

w15452 Eduardo Borensztein
Olivier Jeanne
Damiano Sandri

Macro-Hedging for Commodity Exporters

w15451 Daron Acemoglu
Philippe Aghion
Leonardo Bursztyn
David Hemous

The Environment and Directed Technical Change

w15427 Peter Howitt
Ömer Özak

Adaptive Consumption Behavior

w15296 Kenneth Judd
Lilia Maliar
Serguei Maliar

Numerically Stable Stochastic Simulation Approaches for Solving Dynamic Economic Models

w15265 Christopher D. Carroll
Patrick Toche

A Tractable Model of Buffer Stock Saving

w15234 Bennett T. McCallum
Causality, Structure, and the Uniqueness of Rational Expectations Equilibria

w15228 Christopher D. Carroll
Olivier Jeanne

A Tractable Model of Precautionary Reserves, Net Foreign Assets, or Sovereign Wealth Funds

w15111 Roozbeh Hosseini
Larry E. Jones
Ali Shourideh

Risk Sharing, Inequality and Fertility

w15026 Dario Caldara
Jesús Fernández-Villaverde
Juan F. Rubio-Ramírez
Wen Yao

Computing DSGE Models with Recursive Preferences

w14995 Jeffrey E. Harris
Sandra G. Sosa-Rubi

Impact of "Seguro Popular" on Prenatal Visits in Mexico, 2002-2005: Latent Class Model of Count Data with a Discrete Endogenous Variable

w14991 Jean-Pierre H. Dubé
Jeremy T. Fox
Che-Lin Su

Improving the Numerical Performance of BLP Static and Dynamic Discrete Choice Random Coefficients Demand Estimation

w14919 Troy Davig
Eric M. Leeper

Reply to "Generalizing the Taylor Principle: A Comment"

w14875 Jesús Fernández-Villaverde
Pablo A. Guerrón-Quintana
Juan Rubio-Ramírez
Martín Uribe

Risk Matters: The Real Effects of Volatility Shocks

w14809 Daron Acemoglu
When Does Labor Scarcity Encourage Innovation?

w14772 Lars Ljungqvist
Harald Uhlig

Optimal Endowment Destruction under Campbell-Cochrane Habit Formation

w15611 Stefano Battiston
Domenico Delli Gatti
Mauro Gallegati
Bruce C. Greenwald
Joseph E. Stiglitz

Liaisons Dangereuses: Increasing Connectivity, Risk Sharing, and Systemic Risk

w14654 Patrick Bolton
Antoine Faure-Grimaud

Satisficing Contracts


2008
w14629 Bernard Dumas
Andrew Lyasoff

Incomplete-Market Equilibria Solved Recursively on an Event Tree

w14357 William A. Brock
Steven N. Durlauf
Giacomo Rondina

Design Limits and Dynamic Policy Analysis

w14164 Bennett T. McCallum
Determinacy, Learnability, and Plausibility in Monetary Policy Analysis: Additional Results

w14080 Christopher R. Knittel
Konstantinos Metaxoglou

Estimation of Random Coefficient Demand Models: Challenges, Difficulties and Warnings

w14044 James J. Heckman
John Eric Humphries
Paul A. LaFontaine
Pedro L. Rodriguez

Taking the Easy Way Out: How the GED Testing Program Induces Students to Drop Out

w13991 Richard G. Newell
William A. Pizer

Indexed Regulation


2007
orrc07-07 Wolfgang Kuhle
Alexander Ludwig
Axel Boersch-Supan

Demographic Change, and the Equity Premium

w13627 Florian Heiss
Daniel McFadden
Joachim Winter

Mind the Gap! Consumer Perceptions and Choices of Medicare Part D Prescription Drug Plans

w13517 Benjamin Malin
Dirk Krueger
Felix Kubler

Computing Stochastic Dynamic Economic Models with a Large Number of State Variables: A Description and Application of a Smolyak-Collocation Method

t0345 Benjamin Malin
Dirk Krueger
Felix Kubler

Computing Stochastic Dynamic Economic Models with a Large Number of State Variables: A Description and Application of a Smolyak-Collocation Method

w13260 Bruce Preston
Mauro Roca

Incomplete Markets, Heterogeneity and Macroeconomic Dynamics

w13185 Alexander Ludwig
Dirk Krueger
Axel H. Boersch-Supan

Demographic Change, Relative Factor Prices, International Capital Flows, and Their Differential Effects on the Welfare of Generations

w12922 Arianna Degan
Antonio Merlo

Do Voters Vote Sincerely?

w12830 Li Gan
Guan Gong

Estimating Interdependence Between Health and Education in a Dynamic Model


2006
orrc06-11 Alexander Ludwig
Dirk Kruger
Axel Boersch-Supan

Demographic Change, Relative Factor Prices, International Capital Flows, and Their Differential Effects on the Welfare of Generations

w12672 Pierpaolo Benigno
Michael Woodford

Linear-Quadratic Approximation of Optimal Policy Problems

w12625 Ram Singh
On the Existence and Efficiency of Equilibria Under Liability Rules

w12453 Dirk Krueger
Alexander Ludwig

On the Consequences of Demographic Change for Rates of Returns to Capital, and the Distribution of Wealth and Welfare

w12441 Bennett T. McCallum
E-Stability vis-a-vis Determinacy Results for a Broad Class of Linear Rational Expectations Models

w12018 James J. Heckman
Paul LaFontaine

Bias Corrected Estimates of GED Returns

w11942 Marc Giannoni
Robust Optimal Policy in a Forward-Looking Model with Parameter and Shock Uncertainty


2005
w11900 Gabriel Weintraub
C. Lanier Benkard
Ben Van Roy

Markov Perfect Industry Dynamics with Many Firms

w11867 Patrick Bolton
Antoine Faure-Grimaud

Thinking Ahead: The Decision Problem

w11845 Daron Acemoglu
Equilibrium Bias of Technology

t0318 Martin D. D. Evans
Viktoria Hnatkovska

Solving General Equilibrium Models with Incomplete Markets and Many Assets

t0317 George W. Evans
Seppo Honkapohja
Noah Williams

Generalized Stochastic Gradient Learning

w11519 César Alonso-Borrego
Jesús Fernández-Villaverde
José E. Galdón-Sánchez

Evaluating Labor Market Reforms: A General Equilibrium Approach

w11408 Emmanuel Farhi
Ivan Werning

Inequality, Social Discounting and Estate Taxation

w11402 Alvin E. Roth
Tayfun Sonmez
M. Utku Unver

Efficient Kidney Exchange: Coincidence of Wants in a Structured Market

t0309 Christopher D. Carroll
The Method of Endogenous Gridpoints for Solving Dynamic Stochastic Optimization Problems

w11201 Daron Acemoglu
Asuman Ozdaglar

Competition and Efficiency in Congested Markets

w11187 Ann M. Lawson
Brian C. Moyer
Sumiye Okubo
Mark A. Planting

Integrating Industry and National Economic Accounts: First Steps and Future Improvements

w11107 John R. Baldwin
Tarek Harchaoui

The Integration of the Canadian Productivity Accounts within the System of National Accounts: Current Status and Challenges Ahead

t0304 Ulrich Doraszelski
Kenneth L. Judd

Avoiding the Curse of Dimensionality in Dynamic Stochastic Games

w11029 Pierpaolo Benigno
Michael Woodford

Optimal Taxation in an RBC Model: A Linear-Quadratic Approach


2004
w10759 Isaac Ehrlich
Yong Yin

Explaining Diversities in Age-Specific Life Expectancies and Values of Life Saving: A Numerical Analysis

w10627 Diego Comin
Using Investment Data to Assess the Importance of Price Mismeasurement

t0297 Bennett McCallum
On the Relationship Between Determinate and MSV Solutions in Linear RE Models

w10477 Thomas Hertel
David Hummels
Maros Ivanic
Roman Keeney

How Confident Can We Be in CGE-Based Assessments of Free Trade Agreements?


2003
w9960 Bennett T. McCallum
The Unique Minimum State Variable RE Solution is E-Stable in All Well Formulated Linear Models

w9861 Martin B. Haugh
Leonid Kogan
Jiang Wang

Evaluating Portfolio Policies: A Duality Approach


2002
w9349 Wouter J. DenHaan
Temporary Shocks and Unavoidable Transistions to a High-Unemployment Regime

t0282 Stephanie Schmitt-Grohe
Martin Uribe

Solving Dynamic General Equilibrium Models Using a Second-Order Approximation to the Policy Function

t0278 George Hall
John Rust

Econometric Methods for Endogenously Sampled Time Series: The Case of Commodity Price Speculation in the Steel Market

w8775 Casey B. Mulligan
A Dual Method of Empirically Evaluating Dynamic Competitive Equilibrium Models with Market Distortions, Applied to the Great Depression & World War II


2001
w8496 Christopher D. Carroll
Miles S. Kimball

Liquidity Constraints and Precautionary Saving

w8234 Todd W. Allen
Christopher D. Carroll

Individual Learning About Consumption

w8135 Kenneth L. Judd
Sy-Ming Guu

Asymptotic Methods for Asset Market Equilibrium Analysis


2000
w7727 Nathaniel O. Keohane
Benjamin Van Roy
Richard J. Zeckhauser

Controlling Stocks and Flows to Promote Quality: The Environment, With Applications to Physical and Human Capital

w7584 H. Naci Mocan
Stephen C. Billups
Jody Overland

A Dynamic Model of Differential Human Capital and Criminal Activity


1999
w7271 Pierre-Olivier Gourinchas
Jonathan A. Parker

Consumption Over the Life Cycle


1998
t0232 Bennett T. McCallum
Solutions to Linear Rational Expectations Models: A Compact Exposition

t0225 Lawrence J. Christiano
Solving Dynamic Equilibrium Models by a Method of Undetermined Coefficients


1997
w6298 Christopher D. Carroll
Death to the Log-Linearized Consumption Euler Equation! (And Very Poor Health to the Second-Order Approximation)

w6248 David Altig
Alan J. Auerbach
Laurence J. Kotlikoff
Kent A. Smetters
Jan Walliser

Simulating U.S. Tax Reform

t0218 Lawrence J. Christiano
Jonas D.M. Fisher

Algorithms for Solving Dynamic Models with Occasionally Binding Constraints

t0212 Sanjiv Ranjan Das
An Efficient Generalized Discrete-Time Approach to Poisson-Gaussian Bond Option Pricing in the Heath-Jarrow-Morton Model

t0211 Patrick K. Asea
Paul J. Zak

Time-to-Build and Cycles

t0208 Kenneth L. Judd
Computational Economics and Economic Theory: Substitutes or Complements

t0207 Jess Gaspar
Kenneth L. Judd

Solving Large Scale Rational Expectations Models


1996
w5509 Douglas A. Irwin
The Smoot-Hawley Tariff: A Quantitative Assessment


1995
t0175 Gilbert E. Metcalf
Kevin A. Hassett

Investment Under Alternative Return Assumptions: Comparing Random Walks and Mean Reversion


1994
w4805 Atish R. Ghosh
Holger C. Wolf

How Many Monies? A Genetic Approach to Finding Optimum Currency Areas


1992
w4175 Robert S. Pindyck
Investments of Uncertain Cost


1991
w3865 Giuseppe Bertola
Ricardo J. Caballero

Irreversibility and Aggregate Investment


Generated Fri Sep 19 00:00:16 2014

 
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