2014
|
|
w20753 |
Alexander Ljungqvist
Michael Smolyansky
|
To Cut or Not to Cut? On the Impact of Corporate Taxes on Employment and Income |
|
w20751 |
Raphael Corbi
Elias Papaioannou
Paolo Surico
|
Federal Transfer Multipliers.
Quasi-Experimental Evidence from Brazil |
|
w20719 |
Valerie A. Ramey
Sarah Zubairy
|
Government Spending Multipliers in Good Times and in Bad: Evidence from U.S. Historical Data |
|
w20688 |
Hans A. Holter
Dirk Krueger
Serhiy Stepanchuk
|
How Does Tax Progressivity and Household Heterogeneity Affect Laffer Curves? |
|
w20687 |
Florin O. Bilbiie
Tommaso Monacelli
Roberto Perotti
|
Is Government Spending at the Zero Lower Bound Desirable? |
|
w20675 |
Carlos A. Vegh
Guillermo Vuletin
|
The Road to Redemption: Policy Response to Crises in Latin America |
|
w20650 |
Russell Cooper
Antoine Camous
|
Monetary Policy and Debt Fragility |
|
w20633 |
Mikhail Golosov
Luigi Iovino
|
Social Insurance, Information Revelation, and Lack of Commitment |
|
w20632 |
Davide Debortoli
Ricardo Nunes
Pierre Yared
|
Optimal Government Debt Maturity |
|
w20613 |
John H. Cochrane
|
Monetary Policy with Interest on Reserves |
|
w20601 |
Fabian Kindermann
Dirk Krueger
|
High Marginal Tax Rates on the Top 1%? Lessons from a Life Cycle Model with Idiosyncratic Income Risk |
|
w20577 |
Carmen M. Reinhart
Christoph Trebesch
|
A Distant Mirror of Debt, Default, and Relief |
|
w20573 |
Lant Pritchett
Lawrence H. Summers
|
Asiaphoria Meets Regression to the Mean |
|
w20572 |
Philippe Martin
Thomas Philippon
|
Inspecting the Mechanism: Leverage and the Great Recession in the Eurozone |
|
w20561 |
Benjamin J. Keys
Tomasz Piskorski
Amit Seru
Vincent Yao
|
Mortgage Rates, Household Balance Sheets, and the Real Economy |
|
w20543 |
Andrew T. Young
Matthew J. Higgins
Donald J. Lacombe
Briana Sell
|
The Direct and Indirect Effects of Small Business Administration Lending on Growth: Evidence from U.S. County-Level Data |
|
w20533 |
Daniel Riera-Crichton
Carlos A. Vegh
Guillermo Vuletin
|
Procyclical and Countercyclical Fiscal Multipliers: Evidence from OECD Countries |
|
w20530 |
Joseph E. Stiglitz
|
In Praise of Frank Ramsey's Contribution to the Theory of Taxation |
|
w20493 |
Joseph E. Stiglitz
|
Leaders and Followers: Perspectives on the Nordic Model and the Economics of Innovation |
|
w20486 |
Eric T. Swanson
John C. Williams
|
Measuring the Effect of the Zero Lower Bound on Medium- and Longer-Term Interest Rates |
|
w20437 |
Lorenz Kueng
|
Tax News: Identifying Tax Expectations from Municipal Bonds with an Application to Household Consumption |
|
w20410 |
Joao Granja
Gregor Matvos
Amit Seru
|
Selling Failed Banks |
|
w20339 |
Jens Hilscher
Alon Raviv
Ricardo Reis
|
Inflating Away the Public Debt? An Empirical Assessment |
|
w20324 |
Alan S. Blinder
Mark W. Watson
|
Presidents and the U.S. Economy: An Econometric Exploration |
|
w20316 |
Barry Eichengreen
Ugo Panizza
|
A Surplus of Ambition: Can Europe Rely on Large Primary Surpluses to Solve its Debt Problem? |
|
w20287 |
Morris A. Davis
Stijn Van Nieuwerburgh
|
Housing, Finance and the Macroeconomy |
|
w20238 |
Francesco Bianchi
Leonardo Melosi
|
Escaping the Great Recession |
|
w20220 |
Kris James Mitchener
Kirsten Wandschneider
|
Capital Controls and Recovery from the Financial Crisis of the 1930s |
|
w20200 |
Enrique G. Mendoza
Linda L. Tesar
Jing Zhang
|
Saving Europe?: The Unpleasant Arithmetic of Fiscal Austerity in Integrated Economies |
|
w20185 |
Laurence M. Ball
|
Long-Term Damage from the Great Recession in OECD Countries |
|
w20179 |
Roberto Perotti
|
Defense Government Spending Is Contractionary, Civilian Government Spending Is Expansionary |
|
w20122 |
Christian Broda
Jonathan A. Parker
|
The Economic Stimulus Payments of 2008 and the Aggregate Demand for Consumption |
|
w20087 |
Christina D. Romer
David H. Romer
|
Transfer Payments and the Macroeconomy: The Effects of Social Security Benefit Changes, 1952-1991 |
|
w20073 |
Greg Kaplan
Giovanni L. Violante
Justin Weidner
|
The Wealthy Hand-to-Mouth |
|
w20043 |
Florian Scheuer
Alexander Wolitzky
|
Capital Taxation under Political Constraints |
|
w20014 |
Joseph E. Stiglitz
|
Intellectual Property Rights, the Pool of Knowledge, and Innovation |
|
w19994 |
Oleg Itskhoki
Benjamin Moll
|
Optimal Development Policies with Financial Frictions |
|
w19934 |
Anusha Chari
Peter Blair Henry
|
Learning From the Doers: Developing Country Lessons for Advanced Economy Growth |
|
w19914 |
Sebnem Kalemli-Ozcan
Emiliano E. Luttini
Bent Sorensen
|
Debt Crises and Risk Sharing: The Role of Markets versus Sovereigns |
|
w19911 |
Alan J. Auerbach
Yuriy Gorodnichenko
|
Fiscal Multipliers in Japan |
|
w19910 |
John Graham
Mark T. Leary
Michael R. Roberts
|
A Century of Capital Structure: The Leveraging of Corporate America |
|
w19895 |
Robert J. Gordon
|
The Demise of U.S. Economic Growth: Restatement, Rebuttal, and Reflections |
|
w19840 |
Anusha Chari
Peter Blair Henry
|
Two Tales of Adjustment: East Asian Lessons for European Growth |
|
w19828 |
Carlos A. Vegh
Guillermo Vuletin
|
Social Implications of Fiscal Policy Responses During Crises |
|
w19826 |
Scott R. Baker
Nicholas Bloom
Brandice Canes-Wrone
Steven J. Davis
Jonathan A. Rodden
|
Why Has U.S. Policy Uncertainty Risen Since 1960? |
2013
|
|
w19749 |
Eric Sims
Jonathan Wolff
|
The Output and Welfare Effects of Government Spending Shocks over the Business Cycle |
|
w19748 |
Luis Felipe Céspedes
Andrés Velasco
|
Was This Time Different? Fiscal Policy in Commodity Republics |
|
w19717 |
Mark Aguiar
Manuel Amador
|
Take the Short Route: How to Repay and Restructure Sovereign Debt with Multiple Maturities |
|
w19686 |
Eric M. Leeper
Xuan Zhou
|
Inflation's Role in Optimal Monetary-Fiscal Policy |
|
w19671 |
Andrés Fernández
Alessandro Rebucci
Martín Uribe
|
Are Capital Controls Prudential? An Empirical Investigation |
|
w19668 |
Eswar S. Prasad
|
Distributional Effects of Macroeconomic Policy Choices in Emerging Market Economies |
|
w19577 |
Farley Grubb
|
The Continental Dollar: How the American Revolution was Financed with Paper Money--Initial Design and Ideal Performance |
|
w19559 |
Gerald Carlino
Robert P. Inman
|
Macro Fiscal Policy in Economic Unions: States as Agents |
|
w19516 |
Mark Aguiar
Manuel Amador
Emmanuel Farhi
Gita Gopinath
|
Crisis and Commitment: Inflation Credibility and the Vulnerability to Sovereign Debt Crises |
|
w19477 |
Pablo D'Erasmo
Enrique G. Mendoza
|
Distributional Incentives in an Equilibrium Model of Domestic Sovereign Default |
|
w19476 |
John H. Cochrane
|
The New-Keynesian Liquidity Trap |
|
w19470 |
Anmol Bhandari
David Evans
Mikhail Golosov
Thomas J. Sargent
|
Taxes, Debts, and Redistributions with Aggregate Shocks |
|
w19431 |
Gary Hansen
Selo Imrohoroglu
|
Fiscal Reform and Government Debt in Japan: A Neoclassical Perspective |
|
w19425 |
Anton Cheremukhin
Mikhail Golosov
Sergei Guriev
Aleh Tsyvinski
|
Was Stalin Necessary for Russia's Economic Development? |
|
w19414 |
Òscar Jordà
Alan M. Taylor
|
The Time for Austerity: Estimating the Average Treatment Effect of Fiscal Policy |
|
w19368 |
Michael Woodford
|
Macroeconomic Analysis without the Rational Expectations Hypothesis |
|
w19355 |
Joshua D. Angrist
Òscar Jordà
Guido Kuersteiner
|
Semiparametric Estimates of Monetary Policy Effects: String Theory Revisited |
|
w19363 |
Peter Ganong
Jeffrey B. Liebman
|
The Decline, Rebound, and Further Rise in SNAP Enrollment: Disentangling Business Cycle Fluctuations and Policy Changes |
|
w19343 |
Harald Uhlig
|
Sovereign Default Risk and Banks in a Monetary Union |
|
w19297 |
David Greenlaw
James D. Hamilton
Peter Hooper
Frederic S. Mishkin
|
Crunch Time: Fiscal Crises and the Role of Monetary Policy |
|
w19296 |
Marco Bassetto
Marco Cagetti
Mariacristina De Nardi
|
Credit Crunches and Credit Allocation in a Model of Entrepreneurship |
|
w19292 |
Gary B. Gorton
Andrew Metrick
|
The Federal Reserve and Financial Regulation: The First Hundred Years |
|
w19288 |
Ricardo Reis
|
The Portuguese Slump and Crash and the Euro Crisis |
|
w19235 |
Florian Scheuer
|
Entrepreneurial Taxation with Endogenous Entry |
|
w19228 |
Guido Lorenzoni
Ivan Werning
|
Slow Moving Debt Crises |
|
w19205 |
Yothin Jinjarak
Ilan Noy
Huanhuan Zheng
|
Capital Controls in Brazil - Stemming a Tide with a Signal? |
|
w19192 |
V.V. Chari
Patrick J. Kehoe
|
Bailouts, Time Inconsistency, and Optimal Regulation |
|
w19171 |
Karel Mertens
|
Marginal Tax Rates and Income: New Time Series Evidence |
|
w19146 |
Rajnish Mehra
|
Asset Pricing Implications of Macroeconomic Interventions An Application to Climate Policy |
|
w19008 |
George J. Hall
Thomas J. Sargent
|
Fiscal Discriminations in Three Wars |
|
w19000 |
Alisdair McKay
Ricardo Reis
|
The Role of Automatic Stabilizers in the U.S. Business Cycle |
|
w18930 |
Gerald Carlino
Robert P. Inman
|
Local Deficits and Local Jobs: Can U.S. States Stabilize Their Own Economies? |
|
w18910 |
Umit G. Gurun
Gregor Matvos
Amit Seru
|
Advertising Expensive Mortgages |
|
w18877 |
Eric M. Leeper
|
Fiscal Limits and Monetary Policy |
|
w18864 |
Marco Bassetto
Christopher Phelan
|
Speculative Runs on Interest Rate Pegs |
|
w18826 |
Pascal Michaillat
Emmanuel Saez
|
Aggregate Demand, Idle Time, and Unemployment |
|
w18814 |
Christopher M. Meissner
|
Capital Flows, Credit Booms, and Financial Crises in the Classical Gold Standard Era |
|
w18800 |
George-Marios Angeletos
Fabrice Collard
Harris Dellas
Behzad Diba
|
Optimal Public Debt Management and Liquidity Provision |
|
w18797 |
Robert E. Hall
|
Fiscal Stability of High-Debt Nations under Volatile Economic Conditions |
|
w18779 |
Olivier J. Blanchard
Daniel Leigh
|
Growth Forecast Errors and Fiscal Multipliers |
|
w18769 |
Michael T. Owyang
Valerie A. Ramey
Sarah Zubairy
|
Are Government Spending Multipliers Greater During Periods of Slack? Evidence from 20th Century Historical Data |
|
w18761 |
Peter A. Diamond
|
Cyclical Unemployment, Structural Unemployment |
|
w18737 |
Ricardo J. Caballero
Emmanuel Farhi
|
A Model of the Safe Asset Mechanism (SAM): Safety Traps and Economic Policy |
|
w18670 |
Itay Goldstein
Assaf Razin
|
Three Branches of Theories of Financial Crises |
2012
|
|
w18587 |
Javier Bianchi
|
Efficient Bailouts? |
|
w18578 |
Alan J. Auerbach
Yuriy Gorodnichenko
|
Output Spillovers from Fiscal Policy |
|
w18572 |
Harold L. Cole
Soojin Kim
Dirk Krueger
|
Analyzing the Effects of Insuring Health Risks: On the Trade-off between Short Run Insurance Benefits vs. Long Run Incentive Costs |
|
w18545 |
Marina Halac
Pierre Yared
|
Fiscal Rules and Discretion under Persistent Shocks |
|
w18529 |
Gary D. Hansen
Minchung Hsu
Junsang Lee
|
Health Insurance Reform: The Impact of a Medicare Buy-In |
|
w18513 |
Zhiguo He
Asaf Manela
|
Information Acquisition in Rumor Based Bank Runs |
|
w18497 |
Daniel Riera-Crichton
Carlos A. Vegh
Guillermo Vuletin
|
Tax Multipliers: Pitfalls in Measurement and Identification |
|
w18489 |
Robert Novy-Marx
Joshua D. Rauh
|
The Revenue Demands of Public Employee Pension Promises |
|
w18421 |
Roger E.A. Farmer
|
Qualitative Easing: How it Works and Why it Matters |
|
w18381 |
Emmanuel Farhi
Iván Werning
|
Fiscal Multipliers: Liquidity Traps and Currency Unions |
|
w18380 |
C. Bora Durdu
Enrique G. Mendoza
Marco E. Terrones
|
On the Solvency of Nations: Cross-Country Evidence on the Dynamics of External Adjustment |
|
w18377 |
Russell Cooper
|
Fragile Debt and the Credible Sharing of Strategic Uncertainty |
|
w18354 |
Laurence Ales
Pricila Maziero
Pierre Yared
|
A Theory of Political and Economic Cycles |
|
w18311 |
Sumit Agarwal
Gene Amromin
Itzhak Ben-David
Souphala Chomsisengphet
Tomasz Piskorski
Amit Seru
|
Policy Intervention in Debt Renegotiation: Evidence from the Home Affordable Modification Program |
|
w18336 |
Alberto Alesina
Carlo Favero
Francesco Giavazzi
|
The Output Effect of Fiscal Consolidations |
|
w18315 |
Robert J. Gordon
|
Is U.S. Economic Growth Over? Faltering Innovation Confronts the Six Headwinds |
|
w18290 |
Alan M. Taylor
|
The Great Leveraging |
|
w18287 |
Takeo Hoshi
Takatoshi Ito
|
Defying Gravity: How Long Will Japanese Government Bond Prices Remain High? |
|
w18280 |
Ivan Werning
Emmanuel Farhi
|
Fiscal Unions |
|
w18228 |
Casey Rothschild
Florian Scheuer
|
Redistributive Taxation in the Roy Model |
|
w18217 |
Zhiguo He
Péter Kondor
|
Inefficient Investment Waves |
|
w18149 |
Mark Bils
Peter J. Klenow
Benjamin A. Malin
|
Testing for Keynesian Labor Demand |
|
w18142 |
Miles S. Kimball
|
"Getting the Biggest Bang for the Buck in Fiscal Policy" |
|
w18117 |
Paola Giuliano
Prachi Mishra
Antonio Spilimbergo
|
Democracy and Reforms: Evidence from a New Dataset |
|
w18114 |
Jess Benhabib
George W. Evans
Seppo Honkapohja
|
Liquidity Traps and Expectation Dynamics: Fiscal Stimulus or Fiscal Austerity? |
|
w18058 |
Jesús Fernández-Villaverde
Grey Gordon
Pablo A. Guerrón-Quintana
Juan Rubio-Ramírez
|
Nonlinear Adventures at the Zero Lower Bound |
|
w18042 |
Sylvain Leduc
Daniel Wilson
|
Roads to Prosperity or Bridges to Nowhere? Theory and Evidence on the Impact of Public Infrastructure Investment |
|
w18034 |
Eric W. Bond
Mario J. Crucini
Tristan Potter
Joel Rodrigue
|
Misallocation and Productivity Effects of the Smoot-Hawley Tariff |
|
w18031 |
Stephanie Schmitt-Grohe
Martin Uribe
|
Prudential Policy for Peggers |
|
w18015 |
Carmen M. Reinhart
Vincent R. Reinhart
Kenneth S. Rogoff
|
Debt Overhangs: Past and Present |
|
w17966 |
Jesse Rothstein
|
The Labor Market Four Years Into the Crisis: Assessing Structural Explanations |
|
w17923 |
Fernando E. Alvarez
Francesco Lippi
|
Price Setting with menu cost for Multi-product firms |
|
w17917 |
Richard W. Evans
Laurence J. Kotlikoff
Kerk L. Phillips
|
Game Over: Simulating Unsustainable Fiscal Policy |
|
w17908 |
Russell Cooper
|
Exit from a Monetary Union through Euroization: Discipline without Chaos |
|
w17903 |
Eric M. Leeper
Todd B. Walker
|
Perceptions and Misperceptions of Fiscal Inflation |
|
w17884 |
Charles Wyplosz
|
Fiscal Rules: Theoretical Issues and Historical Experiences |
|
w17881 |
Pïerre Cahuc
Stephane Carcillo
|
Can Public Sector Wage Bills Be Reduced? |
|
w17862 |
Mathias Trabandt
Harald Uhlig
|
How Do Laffer Curves Differ Across Countries? |
|
w17860 |
Christina D. Romer
David H. Romer
|
The Incentive Effects of Marginal Tax Rates: Evidence from the Interwar Era |
|
w17844 |
Huixin Bi
Eric M. Leeper
Campbell B. Leith
|
Uncertain Fiscal Consolidations |
|
w17837 |
Francesco Giavazzi
Michael McMahon
|
The Households Effects of Government Consumption |
|
w17836 |
Laurence M. Ball
|
Ben Bernanke and the Zero Bound |
|
w17817 |
Florian Scheuer
|
Optimal Asset Taxes in Financial Markets with Aggregate Uncertainty |
|
w17787 |
Valerie A. Ramey
|
Government Spending and Private Activity |
|
w17753 |
Carlos A. Vegh
Guillermo Vuletin
|
How is Tax Policy Conducted over the Business Cycle? |
2011
|
|
w17708 |
Giancarlo Corsetti
Gernot J. Müller
|
Multilateral Economic Cooperation and the International Transmission of Fiscal Policy |
|
w17662 |
Emmanuel Farhi
Gita Gopinath
Oleg Itskhoki
|
Fiscal Devaluations |
|
w17642 |
Mikhail Golosov
Maxim Troshkin
Aleh Tsyvinski
|
Optimal Dynamic Taxes |
|
w17626 |
Hans-Werner Sinn
Timo Wollmershaeuser
|
Target Loans, Current Account Balances and Capital Flows: The ECB's Rescue Facility |
|
w17622 |
Fatih Guvenen
|
Macroeconomics With Heterogeneity: A Practical Guide |
|
w17619 |
Jeffrey A. Frankel
Carlos A. Végh
Guillermo Vuletin
|
On Graduation from Fiscal Procyclicality |
|
w17571 |
Roberto Perotti
|
The "Austerity Myth": Gain Without Pain? |
|
w17562 |
Marco Battaglini
Stephen Coate
|
Fiscal Policy and Unemployment |
|
w17542 |
Viral V. Acharya
Raghuram G. Rajan
|
Sovereign Debt, Government Myopia, and the Financial Sector |
|
w17493 |
Andrew Atkeson
Ariel T. Burstein
|
Aggregate Implications of Innovation Policy |
|
w17457 |
Mark A. Aguiar
Manuel Amador
|
Fiscal Policy in Debt Constrained Economies |
|
w17447 |
Alan J. Auerbach
Yuriy Gorodnichenko
|
Fiscal Multipliers in Recession and Expansion |
|
w17444 |
Eric M. Leeper
Nora Traum
Todd B. Walker
|
Clearing Up the Fiscal Multiplier Morass |
|
w17431 |
Gilles St. Paul
|
Toward a Political Economy of Macroeconomic Thinking |
|
w17427 |
Joshua Aizenman
Yothin Jinjarak
|
The Fiscal Stimulus of 2009-10: Trade Openness, Fiscal Space and Exchange Rate Adjustment |
|
w17391 |
Emi Nakamura
Jón Steinsson
|
Fiscal Stimulus in a Monetary Union: Evidence from U.S. Regions |
|
w17348 |
Mikhail Golosov
John Hassler
Per Krusell
Aleh Tsyvinski
|
Optimal Taxes on Fossil Fuel in General Equilibrium |
|
w17319 |
Sanjay K. Chugh
Fabio Ghironi
|
Optimal Fiscal Policy with Endogenous Product Variety |
|
w17315 |
Gene Amromin
Jennifer Huang
Clemens Sialm
Edward Zhong
|
Complex Mortgages |
|
w17309 |
Rafael Di Tella
Juan Dubra
|
Free to Punish? The American Dream and the Harsh Treatment of Criminals |
|
w17305 |
Takero Doi
Takeo Hoshi
Tatsuyoshi Okimoto
|
Japanese Government Debt and Sustainability of Fiscal Policy |
|
w17272 |
Carlo Favero
Francesco Giavazzi
Jacopo Perego
|
Country Heterogeneity and the International Evidence on the Effects of Fiscal Policy |
|
w17240 |
Jonathan A. Parker
|
On Measuring the Effects of Fiscal Policy in Recessions |
|
w17239 |
Jeffrey A. Frankel
|
Over-optimism in Forecasts by Official Budget Agencies and Its Implications |
|
w17230 |
Ruediger Bachmann
Jinhui Bai
|
Public Consumption Over the Business Cycle |
|
w17142 |
Lawrence Christiano
Daisuke Ikeda
|
Government Policy, Credit Markets and Economic Activity |
|
w17111 |
Thorsten Drautzburg
Harald Uhlig
|
Fiscal Stimulus and Distortionary Taxation |
|
w17063 |
Rüdiger Bachmann
Eric R. Sims
|
Confidence and the Transmission of Government Spending Shocks |
|
w17029 |
N. Gregory Mankiw
Matthew C. Weinzierl
|
An Exploration of Optimal Stabilization Policy |
|
w17035 |
Casey Rothschild
Florian Scheuer
|
Optimal Taxation with Rent-Seeking |
|
w16970 |
Marco Bassetto
Leslie McGranahan
|
On the Relationship Between Mobility, Population Growth, and Capital Spending in the United States |
|
w16951 |
Eric M. Leeper
Todd B. Walker
Shu-Chun Susan Yang
|
Foresight and Information Flows |
|
w16945 |
Jeffrey A. Frankel
|
A Solution to Fiscal Procyclicality: The Structural Budget Institutions Pioneered by Chile |
|
w16899 |
Patrick Bolton
Olivier Jeanne
|
Sovereign Default Risk and Bank Fragility in Financially Integrated Economies |
|
w16893 |
Carmen M. Reinhart
M. Belen Sbrancia
|
The Liquidation of Government Debt |
|
w16891 |
Betsey Stevenson
Justin Wolfers
|
Trust in Public Institutions over the Business Cycle |
|
w16819 |
Eric M. Leeper
Todd B. Walker
|
Fiscal Limits in Advanced Economies |
|
w16799 |
Troy Davig
Eric M. Leeper
|
Temporarily Unstable Government Debt and Inflation |
|
w16786 |
Roberto Perotti
|
The Effects of Tax Shocks on Output: Not So Large, But Not Small Either |
|
w16782 |
Atish R. Ghosh
Jun I. Kim
Enrique G. Mendoza
Jonathan D. Ostry
Mahvash S. Qureshi
|
Fiscal Fatigue, Fiscal Space and Debt Sustainability in Advanced Economies |
|
w16779 |
Joshua Aizenman
Gurnain Kaur Pasricha
|
Net Fiscal Stimulus During the Great Recession |
|
w16775 |
Hyunseung Oh
Ricardo Reis
|
Targeted Transfers and the Fiscal Response to the Great Recession |
|
w16759 |
James Feyrer
Bruce Sacerdote
|
Did the Stimulus Stimulate? Real Time Estimates of the Effects of the American Recovery and Reinvestment Act |
|
w16758 |
Isabel Correia
Emmanuel Farhi
Juan Pablo Nicolini
Pedro Teles
|
Unconventional Fiscal Policy at the Zero Bound |
|
w16707 |
Olivier Coibion
Yuriy Gorodnichenko
|
Why Are Target Interest Rate Changes So Persistent? |
|
w16684 |
Jonathan A. Parker
Nicholas S. Souleles
David S. Johnson
Robert McClelland
|
Consumer Spending and the Economic Stimulus Payments of 2008 |
|
w16667 |
Allan Drazen
Ethan Ilzetzki
|
Kosher Pork |
2010
|
|
w16645 |
Rafael Di Tella
Ricardo Pérez-Truglia
|
Conveniently Upset: Avoiding Altruism by Distorting Beliefs About Others |
|
w16644 |
Roger E.A. Farmer
Dmitry Plotnikov
|
Does Fiscal Policy Matter? Blinder and Solow Revisited |
|
w16619 |
Mikhail Golosov
Maxim Troshkin
Aleh Tsyvinski
Matthew Weinzierl
|
Preference Heterogeneity and Optimal Capital Income Taxation |
|
w16563 |
Luis Catão
Roberto Chang
|
World Food Prices and Monetary Policy |
|
w16561 |
Price V. Fishback
Valentina Kachanovskaya
|
In Search of the Multiplier for Federal Spending in the States During the Great Depression |
|
w16539 |
Joshua Aizenman
Yothin Jinjarak
|
De facto Fiscal Space and Fiscal Stimulus: Definition and Assessment |
|
w16510 |
Eric M. Leeper
|
Monetary Science, Fiscal Alchemy |
|
w16505 |
John F. Cogan
John B. Taylor
|
What the Government Purchases Multiplier Actually Multiplied in the 2009 Stimulus Package |
|
w16495 |
Troy Davig
Eric M. Leeper
Todd B. Walker
|
Inflation and the Fiscal Limit |
|
w16479 |
Ethan Ilzetzki
Enrique G. Mendoza
Carlos A. Végh
|
How Big (Small?) are Fiscal Multipliers? |
|
w16478 |
Joshua Aizenman
Gurnain Kaur Pasricha
|
Fiscal fragility: what the past may say about the future |
|
w16477 |
Price V. Fishback
|
U.S. Monetary and Fiscal Policy in the 1930s |
|
w16458 |
Antje Berndt
Hanno Lustig
Sevin Yeltekin
|
How Does the U.S. Government Finance Fiscal Shocks? |
|
w16451 |
Martin S. Feldstein
|
Preventing a National Debt Explosion |
|
w16416 |
Harald Uhlig
|
Economics and Reality |
|
w16401 |
Yongsung Chang
Sun-Bin Kim
Frank Schorfheide
|
Labor-Market Heterogeneity, Aggregation, and the Lucas Critique |
|
w16380 |
Robert J. Gordon
Robert Krenn
|
The End of the Great Depression 1939-41: Policy Contributions and Fiscal Multipliers |
|
w16363 |
Eric M. Leeper
Alexander W. Richter
Todd B. Walker
|
Quantitative Effects of Fiscal Foresight |
|
w16358 |
Matthias Fleckenstein
Francis A. Longstaff
Hanno Lustig
|
Why Does the Treasury Issue Tips? The Tips-Treasury Bond Puzzle |
|
w16351 |
Atif Mian
Amir Sufi
|
The Effects of Fiscal Stimulus: Evidence from the 2009 'Cash for Clunkers' Program |
|
w16346 |
Agustín S. Bénétrix
Philip R. Lane
|
International Differences in Fiscal Policy During the Global Crisis |
|
w16311 |
Alan J. Auerbach
Yuriy Gorodnichenko
|
Measuring the Output Responses to Fiscal Policy |
|
w16290 |
Rahul Anand
Eswar S. Prasad
|
Optimal Price Indices for Targeting Inflation Under Incomplete Markets |
|
w16289 |
Karel Mertens
Morten Ravn
|
Empirical Evidence on the Aggregate Effects of Anticipated and Unanticipated U.S. Tax Policy Shocks |
|
w16264 |
S. Boragan Aruoba
Francis X. Diebold
M. Ayhan Kose
Marco E. Terrones
|
Globalization, the Business Cycle, and Macroeconomic Monitoring |
|
w16247 |
Ruediger Bachmann
Jinhui Bai
|
Government Purchases Over the Business Cycle: the Role of Economic and Political Inequality |
|
w16246 |
Claudia R. Sahm
Matthew D. Shapiro
Joel Slemrod
|
Check in the Mail or More in the Paycheck: Does the Effectiveness of Fiscal Stimulus Depend on How It Is Delivered? |
|
w16243 |
Andrew K. Rose
Mark M. Spiegel
|
Cross-Country Causes and Consequences of the Crisis: An Update |
|
w16169 |
Ryan Chahrour
Stephanie Schmitt-Grohé
Martín Uribe
|
A Model-Based Evaluation of the Debate on the Size of the Tax Multiplier |
|
w16168 |
Rong Qian
Carmen M. Reinhart
Kenneth S. Rogoff
|
On Graduation from Default, Inflation and Banking Crisis: Elusive or Illusion? |
|
w16157 |
François Gourio
Jianjun Miao
|
Transitional Dynamics of Dividend and Capital Gains Tax Cuts |
|
w16095 |
Michael Woodford
|
Optimal Monetary Stabilization Policy |
|
w16087 |
John H. Cochrane
|
Understanding Policy in the Great Recession: Some Unpleasant Fiscal Arithmetic |
|
w16031 |
Lucian A. Bebchuk
Itay Goldstein
|
Self-Fulfilling Credit Market Freezes |
|
w15998 |
Raj Chetty
Adam Szeidl
|
The Effect of Housing on Portfolio Choice |
|
w15956 |
Ross Levine
|
An Autopsy of the U.S. Financial System |
|
w15934 |
Willem H. Buiter
Urjit R. Patel
|
Fiscal Rules in India: Are They Effective? |
|
w15931 |
Tommaso Monacelli
Roberto Perotti
Antonella Trigari
|
Unemployment Fiscal Multipliers |
|
w15847 |
Marco Del Negro
Fabrizio Perri
Fabiano Schivardi
|
Tax buyouts |
|
w15839 |
Lauren Cohen
Joshua D. Coval
Christopher Malloy
|
Do Powerful Politicians Cause Corporate Downsizing? |
|
w15810 |
Huixin Bi
Eric M. Leeper
|
Sovereign Debt Risk Premia and Fiscal Policy in Sweden |
|
w15809 |
Yacine Aït-Sahalia
Jochen Andritzky
Andreas Jobst
Sylwia Nowak
Natalia Tamirisa
|
Market Response to Policy Initiatives during the Global Financial Crisis |
|
w15800 |
Casey B. Mulligan
|
Simple Analytics and Empirics of the Government Spending Multiplier and Other "Keynesian" Paradoxes |
|
w15784 |
Joshua Aizenman
Gurnain Kaur Pasricha
|
On the ease of overstating the fiscal stimulus in the US, 2008-9 |
|
w15782 |
Troy Davig
Eric M. Leeper
Todd B. Walker
|
"Unfunded Liabilities" and Uncertain Fiscal Financing |
|
w15780 |
Graciela L. Kaminsky
|
Terms of Trade Shocks and Fiscal Cycles |
|
w15757 |
Marc P. Giannoni
Michael Woodford
|
Optimal Target Criteria for Stabilization Policy |
|
w15754 |
Christopher J. Nekarda
Valerie A. Ramey
|
Industry Evidence on the Effects of Government Spending |
|
w15714 |
Michael Woodford
|
Simple Analytics of the Government Expenditure Multiplier |
|
w15662 |
Ricardo Reis
|
Interpreting the Unconventional U.S. Monetary Policy of 2007-09 |
|
w15645 |
Peter Temin
|
The Great Recession and the Great Depression |
|
w15639 |
Carmen M. Reinhart
Kenneth S. Rogoff
|
Growth in a Time of Debt |
2009
|
|
w15617 |
Raj Chetty
John N. Friedman
Tore Olsen
Luigi Pistaferri
|
Adjustment Costs, Firm Responses, and Micro vs. Macro Labor Supply Elasticities: Evidence from Danish Tax Records |
|
w15616 |
Raj Chetty
|
Bounds on Elasticities with Optimization Frictions: A Synthesis of Micro and Macro Evidence on Labor Supply |
|
w15582 |
Dirk Krueger
Fabrizio Perri
|
Public versus Private Risk Sharing |
|
w15565 |
Volker Wieland
|
Quantitative Easing: A Rationale and Some Evidence from Japan |
|
w15562 |
Joshua Aizenman
Nancy Marion
|
Using Inflation to Erode the U.S. Public Debt |
|
w15550 |
Francesco Caselli
Guy Michaels
|
Do Oil Windfalls Improve Living Standards? Evidence from Brazil |
|
w15526 |
Fatih Guvenen
Burhanettin Kuruscu
Serdar Ozkan
|
Taxation of Human Capital and Wage Inequality: A Cross-Country Analysis |
|
w15524 |
Miguel Almunia
Agustín S. Bénétrix
Barry Eichengreen
Kevin H. O'Rourke
Gisela Rua
|
From Great Depression to Great Credit Crisis: Similarities, Differences and Lessons |
|
w15514 |
Eric M. Leeper
|
Anchors Away: How Fiscal Policy Can Undermine the Taylor Principle |
|
w15505 |
Stephanie Schmitt-Grohe
Martin Uribe
|
On Quality Bias and Inflation Targets |
|
w15496 |
Robert E. Hall
|
By How Much Does GDP Rise if the Government Buys More Output? |
|
w15464 |
Valerie A. Ramey
|
Identifying Government Spending Shocks: It's All in the Timing |
|
w15421 |
Claudia R. Sahm
Matthew D. Shapiro
Joel B. Slemrod
|
Household Response to the 2008 Tax Rebate: Survey Evidence and Aggregate Implications |
|
w15407 |
Alan J. Auerbach
William G. Gale
|
Activist Fiscal Policy to Stabilize Economic Activity |
|
w15405 |
Stavros Panageas
|
Optimal taxation in the presence of bailouts |
|
w15400 |
Daron Acemoglu
Mikhail Golosov
Aleh Tsyvinski
|
Power Fluctuations and Political Economy |
|
w15394 |
Lawrence Christiano
Martin Eichenbaum
Sergio Rebelo
|
When is the government spending multiplier large? |
|
w15369 |
Robert J. Barro
Charles J. Redlick
|
Macroeconomic Effects from Government Purchases and Taxes |
|
w15362 |
Amir E. Khandani
Andrew W. Lo
Robert C. Merton
|
Systemic Risk and the Refinancing Ratchet Effect |
|
w15358 |
Andrew K. Rose
Mark M. Spiegel
|
Cross-Country Causes and Consequences of the 2008 Crisis: International Linkages and American Exposure |
|
w15357 |
Andrew K. Rose
Mark M. Spiegel
|
Cross-Country Causes and Consequences of the 2008 Crisis: Early Warning |
|
w15343 |
Mathias Trabandt
Harald Uhlig
|
How Far Are We From The Slippery Slope? The Laffer Curve Revisited |
|
w15321 |
Paola Giuliano
Antonio Spilimbergo
|
Growing Up in a Recession: Beliefs and the Macroeconomy |
|
w15303 |
Carlo Favero
Francesco Giavazzi
|
How large are the effects of tax changes? |
|
w15302 |
Daron Acemoglu
Mikhail Golosov
Aleh Tsyvinski
|
Political Economy of Ramsey Taxation |
|
w15290 |
Martin S. Feldstein
|
Economic Conditions and U.S. National Security in the 1930s and Today |
|
w15283 |
Atif R. Mian
Amir Sufi
|
House Prices, Home Equity-Based Borrowing, and the U.S. Household Leverage Crisis |
|
w15269 |
Eric M. Leeper
|
Anchoring Fiscal Expectations |
|
w15176 |
Russell Cooper
Hubert Kempf
Dan Peled
|
Insulation Impossible: Fiscal Spillovers in a Monetary Union |
|
w15170 |
John Geanakoplos
Stephen P. Zeldes
|
Market Valuation of Accrued Social Security Benefits |
|
w15160 |
Eric M. Leeper
Michael Plante
Nora Traum
|
Dynamics of Fiscal Financing in the United States |
|
w15153 |
Eric M. Leeper
Todd B. Walker
Shu-Chun Susan Yang
|
Government Investment and Fiscal Stimulus in the Short and Long Runs |
|
w15133 |
Troy Davig
Eric M. Leeper
|
Monetary-Fiscal Policy Interactions and Fiscal Stimulus |
|
w15119 |
Philippe Aghion
David Hemous
Enisse Kharroubi
|
Credit Constraints, Cyclical Fiscal Policy and Industry Growth |
|
w15044 |
Francois Gourio
Jianjun Miao
|
Firm Heterogeneity and the Long-run Effects of Dividend Tax Reform |
|
w15028 |
Farley Grubb
|
Land Policy: Founding Choices and Outcomes, 1781-1802 |
|
w15025 |
Roger Farmer
Carine Nourry
Alain Venditti
|
Debt, Deficits and Finite Horizons: The Stochastic Case |
|
w14996 |
Harald Uhlig
|
Monetary policy in Europe vs the US: what explains the difference? |
|
w14883 |
Andrew Atkeson
V. V. Chari
Patrick Kehoe
|
Sophisticated Monetary Policies |
|
w14782 |
John F. Cogan
Tobias Cwik
John B. Taylor
Volker Wieland
|
New Keynesian versus Old Keynesian Government Spending Multipliers |
|
w14753 |
Matthew D. Shapiro
Joel B. Slemrod
|
Did the 2008 Tax Rebates Stimulate Spending? |
|
w14725 |
Alan J. Auerbach
|
Implementing the New Fiscal Policy Activism |
|
w14722 |
Antonio Fatas
Ilian Mihov
|
The Euro and Fiscal Policy |
|
w14684 |
Martin S. Feldstein
|
Rethinking the Role of Fiscal Policy |
|
w14630 |
Eric M. Leeper
Todd B. Walker
Shu-Chun Susan Yang
|
Fiscal Foresight and Information Flows |
|
w14653 |
Mariacristina De Nardi
Eric French
John Bailey Jones
|
Life Expectancy and Old Age Savings |
2008
|
|
w14587 |
Carmen M. Reinhart
Kenneth S. Rogoff
|
Banking Crises: An Equal Opportunity Menace |
|
w14584 |
Tommaso Monacelli
Roberto Perotti
|
Fiscal Policy, Wealth Effects, and Markups |
|
w14556 |
Rafael Di Tella
Juan Dubra
Robert MacCulloch
|
A Resource Belief-Curse? Oil and Individualism |
|
w14551 |
Andrew Mountford
Harald Uhlig
|
What are the Effects of Fiscal Policy Shocks? |
|
w14417 |
Ricardo J. Caballero
Pierre Yared
|
Future Rent-Seeking and Current Public Savings |
|
w14400 |
Richard Rogerson
|
Market Work, Home Work and Taxes: A Cross Country Analysis |
|
w14391 |
Stefano Eusepi
Bruce Preston
|
Stabilizing Expectations under Monetary and Fiscal Policy Coordination |
|
w14351 |
Rajnish Mehra
Facundo Piguillem
Edward C. Prescott
|
Costly Financial Intermediation in Neoclassical Growth Theory |
|
w14267 |
Farley Grubb
|
The Distribution of Congressional Spending During the American Revolution, 1775-1780: The Problem of Geographic Balance |
|
w14264 |
Antoni Estevadeordal
Alan M. Taylor
|
Is the Washington Consensus Dead? Growth, Openness, and the Great Liberalization, 1970s-2000s |
|
w14260 |
Andrew Atkeson
Patrick J. Kehoe
|
On the Need for a New Approach to Analyzing Monetary Policy |
|
w14255 |
Manuel Amador
Pierre-Olivier Weill
|
Learning from Prices: Public Communication and Welfare |
|
w14191 |
Ethan Ilzetzki
Carlos A. Vegh
|
Procyclical Fiscal Policy in Developing Countries: Truth or Fiction? |
|
w14047 |
Marco Battaglini
Stephen Coate
|
Fiscal Policy over the Real Business Cycle: A Positive Theory |
|
w14028 |
Eric M. Leeper
Todd B. Walker
Shu-Chun Susan Yang
|
Fiscal Foresight: Analytics and Econometrics |
|
w13979 |
John Geanakoplos
Stephen P. Zeldes
|
Reforming Social Security with Progressive Personal Accounts |
|
w13946 |
Carmen M. Reinhart
Kenneth S. Rogoff
|
The Forgotten History of Domestic Debt |
|
w13911 |
Francesco Giavazzi
Michael McMahon
|
Policy Uncertainty and Precautionary Savings |
|
w13882 |
Carmen M. Reinhart
Kenneth S. Rogoff
|
This Time is Different: A Panoramic View of Eight Centuries of Financial Crises |
|
w13840 |
Ian Dew-Becker
Robert J. Gordon
|
The Role of Labor Market Changes in the Slowdown of European Productivity Growth |
|
w13792 |
Selim Elekdag
Rene Lalonde
Douglas Laxton
Dirk Muir
Paolo Pesenti
|
Oil Price Movements and the Global Economy: A Model-Based Assessment |
|
w13779 |
Ricardo J. Caballero
Pierre Yared
|
Inflating the Beast: Political Incentives Under Uncertainty |
2007
|
|
w13694 |
Sumit Agarwal
Chunlin Liu
Nicholas S. Souleles
|
The Reaction of Consumer Spending and Debt to Tax Rebates -- Evidence from Consumer Credit Data |
|
w13677 |
Ramon Marimon
Javier Díaz-Giménez
Giorgia Giovannetti
Pedro Teles
|
Nominal Debt as a Burden on Monetary Policy |
|
w13655 |
V. V. Chari
Patrick J. Kehoe
|
The Heterogeneous State of Modern Macroeconomics: A Reply to Solow |
|
w13639 |
Guido Lorenzoni
|
Inefficient Credit Booms |
|
w13635 |
Josephine M. Smith
John B. Taylor
|
The Long and the Short End of the Term Structure of Policy Rules |
|
w13629 |
Stefania Albanesi
Roc Armenter
|
Intertemporal Distortions in the Second best |
|
w13598 |
Edith Sand
Assaf Razin
|
The Political-Economy Positive Role of the Social Security System in Sustaining Immigration (But Not Vice Versa) |
|
w13548 |
Christina D. Romer
David H. Romer
|
Do Tax Cuts Starve the Beast: The Effect of Tax Changes on Government Spending |
|
w13425 |
Hess Chung
Eric M. Leeper
|
What Has Financed Government Debt? |
|
w13398 |
Andrew Atkeson
V. V. Chari
Patrick J. Kehoe
|
On the Optimal Choice of a Monetary Policy Instrument |
|
w13390 |
Emmanuel Farhi
|
Capital Taxation and Ownership when Markets are Incomplete |
|
w13362 |
Borys Grochulski
Narayana Kocherlakota
|
Nonseparable Preferences and Optimal Social Security Systems |
|
w13354 |
Andrew B. Abel
|
Optimal Capital Income Taxation |
|
w13328 |
Morten O. Ravn
Stephanie Schmitt-Grohé
Martín Uribe
|
Explaining the Effects of Government Spending Shocks on Consumption and the Real Exchange Rate |
|
w13264 |
Christina D. Romer
David H. Romer
|
The Macroeconomic Effects of Tax Changes: Estimates Based on a New Measure of Fiscal Shocks |
|
w13200 |
Marco Bassetto
Vadym Lepetyuk
|
Government Investment and the European Stability and Growth Pact |
|
w13174 |
Simon Gilchrist
Egon Zakrajsek
|
Investment and the Cost of Capital: New Evidence from the Corporate Bond Market |
|
w13164 |
Rafael Di Tella
Robert MacCulloch
|
Why Doesn't Capitalism Flow to Poor Countries? |
|
w13143 |
Roberto Perotti
|
In Search of the Transmission Mechanism of Fiscal Policy |
|
w13136 |
George-Marios Angeletos
Vasia Panousi
|
Revisiting the Supply-Side Effects of Government Spending Under Incomplete Markets |
|
w13131 |
Laura Alfaro
Fabio Kanczuk
|
Nominal versus Indexed Debt: A Quantitative Horse Race |
|
w13119 |
Laura Alfaro
Fabio Kanczuk
|
Debt Maturity: Is Long-Term Debt Optimal? |
|
w13101 |
Kenneth N. Kuttner
Adam S. Posen
|
Do Markets Care Who Chairs the Central Bank? |
|
w13028 |
Timothy Besley
Torsten Persson
|
The Origins of State Capacity: Property Rights, Taxation, and Politics |
|
w12959 |
Emmanuel Farhi
Mikhail Golosov
Aleh Tsyvinski
|
A Theory of Liquidity and Regulation of Financial Intermediation |
|
w12947 |
Enrique G. Mendoza
Jonathan D. Ostry
|
International Evidence on Fiscal Solvency: Is Fiscal Policy "Responsible"? |
|
w12945 |
Ricardo J. Caballero
Eduardo M.R.A. Engel
|
Price Stickiness in Ss Models: New Interpretations of Old Results |
|
w12925 |
Olivier Blanchard
|
Current Account Deficits in Rich Countries |
|
w12919 |
Willem H. Buiter
|
Seigniorage |
|
w12880 |
Juan Carlos Conesa
Sagiri Kitao
Dirk Krueger
|
Taxing Capital? Not a Bad Idea After All! |
|
w12854 |
Elizabeth M. Caucutt
Thomas F. Cooley
Nezih Guner
|
The Farm, the City, and the Emergence of Social Security |
|
w12839 |
Willem H. Buiter
|
Is Numerairology the Future of Monetary Economics? Unbundling numeraire and medium of exchange through a virtual currency and a shadow exchange rate |
|
w12822 |
Carlo Favero
Francesco Giavazzi
|
Debt and the Effects of Fiscal Policy |
2006
|
|
w12719 |
Gary Richardson
|
A Comment Concerning Deposit Insurance and Moral Hazard |
|
w12717 |
Gary Richardson
|
Bank Distress during the Great Depression: The Illiquidity-Insolvency Debate Revisited |
|
w12716 |
Gary Richardson
|
Correspondent Clearing and the Banking Panics of the Great Depression |
|
w12704 |
Hamid Faruqee
Douglas Laxton
Dirk Muir
Paolo Pesenti
|
Would Protectionism Defuse Global Imbalances and Spur Economic Activity? A Scenario Analysis |
|
w12698 |
Peter Blair Henry
|
Capital Account Liberalization: Theory, Evidence, and Speculation |
|
w12665 |
Matthias Doepke
Dirk Krueger
|
Origins and Consequences of Child Labor Restrictions: A Macroeconomic Perspective |
|
w12654 |
Chryssi Giannitsarou
Andrew Scott
|
Inflation Implications of Rising Government Debt |
|
w12641 |
Rafael Di Tella
Juan Dubra
|
Crime and Punishment in the "American Dream" |
|
w12639 |
David Card
Raj Chetty
Andrea Weber
|
Cash-on-Hand and Competing Models of Intertemporal Behavior: New Evidence from the Labor Market |
|
w12637 |
Dale F. Gray
Robert C. Merton
Zvi Bodie
|
A New Framework for Analyzing and Managing Macrofinancial Risks of an Economy |
|
w12600 |
Emmanuel Farhi
Ivan Werning
|
Progressive Estate Taxation |
|
w12594 |
Ching-Yi Chung
Gary Richardson
|
Deposit Insurance and the Composition of Bank Suspensions in Developing Economies: Lessons from the State Deposit Insurance Experiments of the 1920S |
|
w12591 |
Gary Richardson
William Troost
|
Monetary Intervention Mitigated Banking Panics During the Great Depression: Quasi-Experimental Evidence from the Federal Reserve District Border in Mississippi, 1929 to 1933 |
|
w12590 |
Gary Richardson
|
Bank Distress During the Great Contraction, 1929 to 1933, New Data from the Archives of the Board of Governors |
|
w12586 |
Enrique G. Mendoza
P. Marcelo Oviedo
|
Fiscal Policy and Macroeconomic Uncertainty in Developing Countries: The Tale of the Tormented Insurer |
|
w12514 |
Christopher House
Matthew D. Shapiro
|
Temporary Investment Tax Incentives: Theory with Evidence from Bonus Depreciation |
|
w12476 |
Patrick Kehoe
Varadarajan V. Chari
|
Modern Macroeconomics in Practice: How Theory is Shaping Policy |
|
w12454 |
Kenneth Kuttner
|
Can Central Banks Target Bond Prices? |
|
w12431 |
Yum K. Kwan
|
The Direct Substitution Between Government and Private Consumption in East Asia |
|
w12426 |
Stanley Fischer
|
Reflections on One Year at the Bank of Israel |
|
w12419 |
Stefania Albanesi
|
Optimal Taxation of Entrepreneurial Capital with Private Information |
|
w12402 |
Stephanie Schmitt-Grohé
Martín Uribe
|
Optimal Simple and Implementable Monetary and Fiscal Rules: Expanded Version |
|
w12357 |
Takero Doi
Toshihiro Ihori
Kiyoshi Mitsui
|
Sustainability, Debt Management, and Public Debt Policy in Japan |
|
w12336 |
Ruediger Bachmann
Ricardo J. Caballero
Eduardo M.R.A. Engel
|
Aggregate Implications of Lumpy Investment: New Evidence and a DSGE Model |
|
w12224 |
Daron Acemoglu
Michael Golosov
Aleh Tsyvinski
|
Markets Versus Governments: Political Economy of Mechanisms |
|
w12198 |
Eiji Ogawa
Junko Shimizu
|
Stabilization of Effective Exchange Rates Under Common Currency Basket Systems |
|
w12190 |
Allan Drazen
Marcela Eslava
|
Pork Barrel Cycles |
|
w12137 |
Filippo Occhino
Kim Oosterlinck
Eugene N. White
|
How Occupied France Financed Its Own Exploitation in World War II |
|
w12130 |
Ellen R. McGrattan
Lee E. Ohanian
|
Does Neoclassical Theory Account for the Effects of Big Fiscal Shocks? Evidence From World War II |
|
w12158 |
Pierpaolo Benigno
Michael Woodford
|
Optimal Inflation Targeting under Alternative Fiscal Regimes |
|
w12089 |
Bennett T. McCallum
Edward Nelson
|
Monetary and Fiscal Theories of the Price Level: The Irreconcilable Differences |
|
w12076 |
Robert G. King
|
Discretionary Policy and Multiple Equilibria |
|
w12073 |
Erik Snowberg
Justin Wolfers
Eric Zitzewitz
|
Partisan Impacts on the Economy: Evidence from Prediction Markets and Close Elections |
|
w11945 |
Jonathan Gruber
|
A Tax-Based Estimate of the Elasticity of Intertemporal Substitution |
2005
|
|
w11874 |
Troy Davig
Eric M. Leeper
|
Generalizing the Taylor Principle |
|
w11869 |
David B. Gordon
Eric M. Leeper
|
Are Countercyclical Fiscal Policies Counterproductive? |
|
w11868 |
Farley Grubb
|
The Net Asset Position of the U.S. National Government, 1784-1802: Hamilton's Blessing or the Spoils of War? |
|
w11862 |
Adi Brender
Allan Drazen
|
How Do Budget Deficits and Economic Growth Affect Reelection Prospects? Evidence from a Large Cross-Section of Countries |
|
w11854 |
Stephanie Schmitt-Grohe
Martin Uribe
|
Optimal Inflation Stabilization in a Medium-Scale Macroeconomic Model |
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w11815 |
Jordi Gali
Tommaso Monacelli
|
Optimal Monetary and Fiscal Policy in a Currency Union |
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w11792 |
Linda S. Goldberg
Michael W. Klein
|
Establishing Credibility: Evolving Perceptions of the European Central Bank |
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w11787 |
Roberto Chang
Linda Kaltani
Norman Loayza
|
Openness Can be Good for Growth: The Role of Policy Complementarities |
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w11700 |
Alberto Alesina
Nichola Fuchs Schuendeln
|
Good bye Lenin (or not?): The Effect of Communism on People's Preferences |
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w11687 |
Hanno Lustig
Christopher Sleet
Sevin Yeltekin
|
Fiscal Hedging and the Yield Curve |
|
w11655 |
Russell Cooper
Hubert Kempf
Dan Peled
|
Is It Is or Is It Ain't My Obligation? Regional Debt in a Fiscal Federation |
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w11646 |
Eric M. Leeper
Tack Yun
|
Monetary-Fiscal Policy Interactions and the Price Level: Background and Beyond |
|
w11630 |
Benjamin M. Friedman
|
Deficits and Debt in the Short and Long Run |
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w11593 |
Francesco Giavazzi
Tullio Jappelli
Marco Pagano
Marina Benedetti
|
Searching for Non-Monotonic Effects of Fiscal Policy: New Evidence |
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w11583 |
Hamid Faruqee
Douglas Laxton
Dirk Muir
Paolo Pesenti
|
Smooth Landing or Crash? Model-Based Scenarios of Global Current Account Rebalancing |
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w11578 |
Jordi Galí
J. David López-Salido
Javier Vallés
|
Understanding the Effects of Government Spending on Consumption |
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w11523 |
Andrew T. Levin
Alexei Onatski
John C. Williams
Noah Williams
|
Monetary Policy Under Uncertainty in Micro-Founded Macroeconometric Models |
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w11490 |
Mark Aguiar
Manuel Amador
Gita Gopinath
|
Efficient Fiscal Policy and Amplification |
|
w11417 |
Stephanie Schmitt-Grohe
Martin Uribe
|
Optimal Fiscal and Monetary Policy in a Medium-Scale Macroeconomic Model: Expanded Version |
|
w11399 |
Alberto Alesina
George-Marios Angeletos
|
Corruption, Inequality and Fairness |
|
w11374 |
Laurence Ball
|
Fiscal Remedies for Japan's Slump |
|
w11319 |
William O. Brown
Richard C. K. Burdekin
Marc D. Weidenmier
|
Volatility in an Era of Reduced Uncertainty: Lessons from Pax Britannica |
|
w11297 |
Ricardo Reis
|
The Time-Series Properties of Aggregate Consumption: Implications for the Costs of Fluctuation |
|
w11212 |
Troy Davig
Eric M. Leeper
|
Fluctuating Macro Policies and the Fiscal Theory |
|
w11208 |
Roland Benabou
Jean Tirole
|
Belief in a Just World and Redistributive Politics |
|
w11185 |
Mikhail Golosov
Aleh Tsyvinski
|
Optimal Taxation with Endogenous Insurance Markets |
|
w11151 |
Mitsuru Iwamara
Takeshi Kudo
Tsutomu Watanabe
|
Monetary and Fiscal Policy in a Liquidity Trap: The Japanese Experience 1999-2004 |
|
w11122 |
George M. Constantinides
John B. Donaldson
Rajnish Mehra
|
Junior is Rich: Bequests as Consumption |
|
w11105 |
Tim Robinson
Andrew Stone
|
Monetary Policy, Asset-Price Bubbles and the Zero Lower Bound |
|
w11085 |
Allan Drazen
Marcela Eslava
|
Electoral Manipulation via Expenditure Composition: Theory and Evidence |
|
w11067 |
Michelle Hanlon
Terry Shevlin
|
Bank-Tax Conformity for Corporate Income: An Introduction to the Issues |
|
w11055 |
Matthew B. Canzoneri
Robert E. Cumby
Behzad T. Diba
|
How Do Monetary and Fiscal Policy Interact in the European Monetary Union? |
|
w11044 |
Juan Carlos Conesa
Dirk Krueger
|
On the Optimal Progressivity of the Income Tax Code |
|
w11030 |
Marco Bassetto
Thomas Sargent
|
Politics and Efficiency of Separating Capital and Ordinary Government Budgets |
2004
|
|
w10988 |
Christian Broda
David E. Weinstein
|
Happy News from the Dismal Science: Reassessing the Japanese Fiscal Policy and Sustainability |
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w10967 |
Assaf Razin
Efraim Sadka
|
Aging and the Welfare State: The Role of Young and Old Voting Pivots |
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w10938 |
James Harrigan
Kenneth Kuttner
|
Lost Decade in Translation: Did the US Learn from Japan's Post-Bubble Mistakes? |
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w10926 |
Gadi Barlevy
|
The Cost of Business Cycles and the Benefits of Stabilization: A Survey |
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w10848 |
Willem H. Buiter
|
The Elusive Welfare Economics of Price Stability as a Monetary Policy Objective: Should New Keynesian Central Bankers Pursue Price Stability? |
|
w10840 |
Gauti B. Eggertsson
Michael Woodford
|
Optimal Monetary and Fiscal Policy in a Liquidity Trap |
|
w10839 |
Pierpaolo Benigno
Michael Woodford
|
Optimal Stabilization Policy When Wages and Prices are Sticky: The Case of a Distorted Steady State |
|
w10838 |
Pierpaolo Benigno
Michael Woodford
|
Inflation Stabilization and Welfare: The Case of a Distorted Steady State |
|
w10792 |
Mikhail Golosov
Aleh Tsyvinski
|
Designing Optimal Disability Insurance: A Case for Asset Testing |
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w10787 |
Alan S. Blinder
Alan B. Krueger
|
What Does the Public Know about Economic Policy, and How Does It Know It? |
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w10784 |
David S. Johnson
Jonathan A. Parker
Nicholas S. Souleles
|
Household Expenditure and the Income Tax Rebates of 2001 |
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w10780 |
Graciela L. Kaminsky
Carmen M. Reinhart
Carlos A. Vegh
|
When it Rains, it Pours: Procyclical Capital Flows and Macroeconomic Policies |
|
w10724 |
Stephanie Schmitt-Grohe
Martin Uribe
|
Optimal Operational Monetary Policy in the Christiano-Eichenbaum-Evans Model of the U.S. Business Cycle |
|
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Laurence J. Kotlikoff
Kent Smetters
Jan Walliser
|
Diminishing America's Demographic Dilemma Through Pre-Funding Social Security |
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w10539 |
Adi Brender
Allan Drazen
|
Political Budget Cycles in New versus Established Democracies |
|
w10532 |
Ricardo J. Caballero
Arvind Krishnamurthy
|
Fiscal Policy and Financial Depth |
|
w10512 |
Hans Fehr
Sabine Jokisch
Laurence Kotlikoff
|
The Role of Immigration in Dealing with the Developed World's Demographic Transition |
|
w10495 |
William A. Brock
Steven N. Durlauf
|
Elements of a Theory of Design Limits to Optimal Policy |
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w10443 |
Olivier Blanchard
Jean Tirole
|
The Optimal Design of Unemployment Insurance and Employment Protection. A First Pass |
|
w10430 |
Martin Eichenbaum
Jonas Fisher
|
Fiscal Policy in the Aftermath of 9/11 |
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w10415 |
Christopher L. House
Matthew D. Shapiro
|
Phased-In Tax Cuts and Economic Activity |
|
w10394 |
Francesco Giavazzi
Alessandro Missale
|
Public Debt Management in Brazil |
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w10390 |
Carlo A. Favero
Francesco Giavazzi
|
Inflation Targeting and Debt: Lessons from Brazil |
|
w10310 |
Olivier Blanchard
|
The Economic Future of Europe |
|
w10316 |
Edward C. Prescott
|
Why do Americans Work so Much More than Europeans? |
|
w10282 |
Erik Hurst
Paul Willen
|
Social Security and Unsecured Debt |
|
w10253 |
Stephanie Schmitt-Grohe
Martin Uribe
|
Optimal Simple and Implementable Monetary and Fiscal Rules |
|
w10246 |
Philippe Aghion
Philippe Bacchetta
Abhijit Banerjee
|
Financial Development and the Instability of Open Economies |
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w10239 |
Russell Cooper
Hubert Kempf
Dan Peled
|
Is it is or is it Ain't my Obligation? Regional Debt in Monetary Unions |
2003
|
|
w10170 |
Torsten Persson
|
Consequences of Constitutions |
|
w10149 |
Stephanie Schmitt-Grohe
Martin Uribe
|
Optimal Fiscal and Monetary Policy Under Imperfect Competition |
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w10110 |
Willem Buiter
Anne C. Sibert
|
Cross-Border Tax Externalities: Are Budget Deficits Too Small? |
|
w10109 |
Susan Athey
Andrew Atkeson
Patrick Kehoe
|
The Optimal Degree of Discretion in Monetary Policy |
|
w10085 |
Katherine Grace Carman
Jagadeesh Gokhale
Laurence J. Kotlikoff
|
The Impact on Consumption and Saving of Current and Future Fiscal Policies |
|
w10023 |
Alan J. Auerbach
|
Fiscal Policy, Past and Present |
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w9961 |
Bennett T. McCallum
|
Is the Fiscal Theory of the Price Level Learnable? |
|
w9939 |
Marc P. Giannoni
Michael Woodford
|
Optimal Inflation Targeting Rules |
|
w9929 |
Robert G. King
Alexander L. Wolman
|
Monetary Discretion, Pricing Complementarity and Dynamic Multiple Equilibria |
|
w9905 |
Pierpaolo Benigno
Michael Woodford
|
Optimal Monetary and Fiscal Policy: A Linear Quadratic Approach |
|
w9860 |
Michael D. Bordo
Pierre-Cyrille Hautcoeur
|
Why didn't France follow the British Stabilization after World War One? |
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Jordi Gali
Roberto Perotti
|
Fiscal Policy and Monetary Integration in Europe |
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Craig Burnside
Martin Eichenbaum
Jonas Fisher
|
Fiscal Shocks and Their Consequences |
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Willem H. Buiter
|
Deflation: Prevention and Cure |
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Joshua Aizenman
Reuven Glick
|
Military Expenditure, Threats, and Growth |
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Andrew Leigh
Justin Wolfers
Eric Zitzewitz
|
What Do Financial Markets Think of War in Iraq? |
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w9506 |
Eric M. Leeper
|
Fiscal Policy and Inflation: Pondering the Imponderables |
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w9502 |
Alberto Alesina
George-Marios Angeletos
|
Fairness and Redistribution: U.S. versus Europe |
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w9420 |
Marc P. Giannoni
Michael Woodford
|
Optimal Interest-Rate Rules: II. Applications |
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Marc P. Giannoni
Michael Woodford
|
Optimal Interest-Rate Rules: I. General Theory |
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Kent A. Smetters
|
Trading with the Unborn: A New Perspective on Capital Income Taxation |
2002
|
|
w9367 |
Robert Dekle
|
The Deteriorating Fiscal Situation and an Aging Population |
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Wei Fan
Michelle J. White
|
Personal Bankruptcy and the Level of Entrepreneurial Activity |
|
w9321 |
Anna J. Schwartz
|
Asset Price Inflation and Monetary Policy |
|
w9306 |
Alan Auerbach
|
Is There a Role for Discretionary Fiscal Policy? |
|
w9297 |
Stanley Fischer
|
Financial Crises and Reform of the International Financial System |
|
w9274 |
Christina D. Romer
David H. Romer
|
The Evolution of Economic Understanding and Postwar Stabilization Policy |
|
w9221 |
Martin Uribe
|
A Fiscal Theory of Sovereign Risk |
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w9220 |
Stephanie Schmitt-Grohe
Martin Uribe
|
Optimal Fiscal and Monetary Policy Under Sticky Prices |
|
w9132 |
Alan J. Auerbach
Kevin A. Hassett
|
Optimal Long-Run Fiscal Policy: Constraints, Preferences and the Resolution of Uncertainty |
|
w9012 |
Alan J. Auerbach
|
The Bush Tax Cut and National Saving |
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w8930 |
Stanley Fischer
Ratna Sahay
Carlos A. Vegh
|
Modern Hyper- and High Inflations |
|
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Stefania Albanesi
V.V. Chari
Lawrence J. Christiano
|
Expectation Traps and Monetary Policy |
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Price V. Fishback
Shawn Kantor
John Joseph Wallis
|
Can the New Deal's Three R's Be Rehabilitated? A Program-by-Program, County-by-County Analysis |
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Laurence Ball
Robert Tchaidze
|
The Fed and the New Economy |
1999
|
|
w7394 |
Alan M. Taylor
|
Latin America and Foreign Capital in the Twentieth Century: Economics, Politics, and Institutional Change |
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Bennett T. McCallum
|
Theoretical Issues Pertaining to Monetary Unions |
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w7269 |
Olivier Blanchard
Roberto Perotti
|
An Empirical Characterization of the Dynamic Effects of Changes in Government Spending and Taxes on Output |
|
w7103 |
Peter Diamond
Jean Geanakoplos
|
Social Security Investment in Equities I: Linear Case |
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Torsten Persson
Guido Tabellini
|
Political Economics and Public Finance |
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Bennett T. McCallum
|
Recent Developments in Monetary Policy Analysis: The Roles of Theory and Evidence |
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Valerie A. Ramey
Matthew D. Shapiro
|
Costly Capital Reallocation and the Effects of Government Spending |
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w7036 |
Alan J. Auerbach
Kevin A. Hassett
|
Uncertainty and the Design of Long-Run Fiscal Policy |
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w6991 |
Andrew B. Abel
|
The Social Security Trust Fund, the Riskless Interest Rate, and Capital Accumulation |
|
w6948 |
Christina D. Romer
|
Changes in Business Cycles: Evidence and Explanations |
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Guillermo A. Calvo
Carlos A. Vegh
|
Inflation Stabilization and BOP Crises in Developing Countries |
1996
|
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w5851 |
Giancarlo Corsetti
Nouriel Roubini
|
Optimal Government Spending and Taxation in Endgenous Growth Models |
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Bengt Holmstrom
Jean Tirole
|
Private and Public Supply of Liquidity |
|
w5730 |
Alberto Alesina
Roberto Perotti
|
Fiscal Adjustments in OECD Countries: Composition and Macroeconomic Effects |
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w5611 |
J. Bradford De Long
|
Keynesianism, Pennsylvania Avenue Style: Some Economic Consequences of the Employment Act of 1946 |
|
w5583 |
Roland Benabou
|
Unequal Societies |
|
w5573 |
Rudi Dornbusch
|
Debt and Monetary Policy: The Policy Issues |
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w5550 |
James M. Poterba
|
Do Budget Rules Work? |
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V. V. Chari
Lawrence J. Christiano
Martin Eichenbaum
|
Expectation Traps and Discretion |
|
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Barry Eichengreen
Jurgen von Hagen
|
Fiscal Policy and Monetary Union: Is There a Tradeoff between Federalism and Budgetary Restrictions? |
|
w5512 |
Olivia S. Mitchell
Stephen P. Zeldes
|
"Social Security Privatization: A Structure for Analysis" |
|
w5502 |
Robert J. Barro
|
Reflections on Ricardian Equivalence |
|
w5486 |
Harold L. Cole
Patrick J. Kehoe
|
Reputation Spillover Across Relationships with Enduring and Transient Beliefs: Reviving reputation Models of Debt |
|
w5477 |
Douglas Staiger
James H. Stock
Mark W. Watson
|
How Precise are Estimates of the Natural Rate of Unemployment? |
|
w5469 |
Martin Feldstein
|
The Costs and Benefits of Going from Low Inflation to Price Stability |
|
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Gene M. Grossman
Elhanan Helpman
|
Intergenerational Redistribution with Short-Lived Governments |
1994
|
|
w4889 |
Mark Hooker
Michael Knetter
|
Unemployment Effects of Military Spending: Evidence from a Panel of States |
|
w4882 |
Nouriel Roubini
Gian Maria Milesi-Ferrett
|
Optimal Taxation of Human and Physical Capital in Endogenous Capital Models |
|
w4881 |
Nouriel Roubini
Gian Maria Milesi-Ferrett
|
Taxation and Endogenous Growth in Open Economies |
|
w4864 |
Enrique G. Mendoza
Assaf Razin
Linda L. Tesar
|
Effective Tax Rates in Macroeconomics: Cross-Country Estimates of Tax Rates on Factor Incomes and Consumption |
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w4839 |
Aaron Tornell
Philip Lane
|
Are Windfalls a Curse? A Non-Representative Agent Model of the Current Account and Fiscal Policy |
|
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Douglas Holtz-Eakin
Amy Ellen Schwartz
|
Infrastructure in a Structural Model of Economic Growth |
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w4768 |
Ricardo J. Caballero
Mohamad L. Hammour
|
On the Timing and Efficiency of Creative Destruction |
|
w4761 |
Eric M. Leeper
Christopher A. Sims
|
Toward a Modern Macroeconomic Model Usable for Policy Analysis |
|
w4719 |
Andrew Atkeson
Christopher Phelan
|
Reconsidering the Costs of Business Cycles with Incomplete Markets |
|
w4709 |
Alan J. Auerbach
|
The U.S. Fiscal Problem: Where We Are, How We Got Here and Where We're Going |
|
w4694 |
Alessandra Casella
Barry Eichengreen
|
Can Foreign Aid Accelerate Stabilization? |
|
w4681 |
William Easterly
Robert King
Ross Levine
Sergio Rebelo
|
Policy, Technology Adoption, and Growth |
|
w4636 |
Frederic S. Mishkin
|
Preventing Financial Crises: An International Perspective |
