| 2018 |
|
w24521 |
Marcus Hagedorn
Jinfeng Luo
Iourii Manovskii
Kurt Mitman
|
Forward Guidance |
|
w24496 |
Marina Halac
Pierre Yared
|
Instrument-Based vs. Target-Based Rules |
|
w24382 |
Eric Zwick
|
The Costs of Corporate Tax Complexity |
|
w24368 |
Jeronimo Carballo
Kyle Handley
Nuno Limão
|
Economic and Policy Uncertainty: Export Dynamics and the Value of Agreements |
|
w24371 |
Katrine Jakobsen
Kristian Jakobsen
Henrik Kleven
Gabriel Zucman
|
Wealth Taxation and Wealth Accumulation: Theory and Evidence from Denmark |
|
w24280 |
Adrien Auclert
Matthew Rognlie
|
Inequality and Aggregate Demand |
|
w24287 |
Gauti B. Eggertsson
Jacob A. Robbins
Ella Getz Wold
|
Kaldor and Piketty's Facts: The Rise of Monopoly Power in the United States |
|
w24244 |
Francesco D’Acunto
Daniel Hoang
Michael Weber
|
Unconventional Fiscal Policy |
| 2017 |
|
w24179 |
Olivier J. Blanchard
Lawrence H. Summers
|
Rethinking Stabilization Policy: Evolution or Revolution? |
|
w24174 |
Anton Korinek
Joseph E. Stiglitz
|
Artificial Intelligence and Its Implications for Income Distribution and Unemployment |
|
w24178 |
George-Marios Angeletos
|
Frictional Coordination |
|
w24148 |
Robert E. Hall
Thomas J. Sargent
|
Short-Run and Long-Run Effects of Milton Friedman's Presidential Address |
|
w24132 |
Eduardo Dávila
Ansgar Walther
|
Does Size Matter? Bailouts with Large and Small Banks |
|
w24092 |
Jasmina Hasanhodzic
Laurence J. Kotlikoff
|
Valuing Government Obligations When Markets are Incomplete |
|
w24093 |
Mario J. Crucini
Nam T. Vu
|
Did the American Recovery and Reinvestment Act Help Those Most in Need? A County-Level Analysis |
|
w24106 |
Gregori Galofré-Vilà
Christopher M. Meissner
Martin McKee
David Stuckler
|
Austerity and the rise of the Nazi party |
|
w24050 |
Gideon Bornstein
Guido Lorenzoni
|
Moral Hazard Misconceptions: the Case of the Greenspan Put |
|
w24029 |
Tarek A. Hassan
Stephan Hollander
Laurence van Lent
Ahmed Tahoun
|
Firm-Level Political Risk: Measurement and Effects |
|
w24039 |
Gauti B. Eggertsson
Ragnar E. Juelsrud
Ella Getz Wold
|
Are Negative Nominal Interest Rates Expansionary? |
|
w24005 |
Sigríður Benediktsdóttir
Gauti B. Eggertsson
Eggert Þórarinsson
|
The Rise, the Fall, and the Resurrection of Iceland |
|
w23961 |
Gauti B. Eggertsson
Vaishali Garga
|
Sticky Prices Versus Sticky Information: Does it Matter for Policy Paradoxes? |
|
w23942 |
Alessandro Dovis
Rishabh Kirpalani
|
Fiscal Rules, Bailouts, and Reputation in Federal Governments |
|
w23920 |
Jonathan A. Parker
Nicholas S. Souleles
|
Reported Preference vs. Revealed Preference: Evidence from the Propensity to Spend Tax Rebates |
|
w23931 |
Christina D. Romer
David H. Romer
|
Why Some Times Are Different: Macroeconomic Policy and the Aftermath of Financial Crises |
|
w23937 |
T. Terry Cheung
Theodore Palivos
Ping Wang
Yin-Chi Wang
Chong K. Yip
|
Dynamic Trade, Endogenous Institutions and the Colonization of Hong Kong: A Staged Development Framework |
|
w23919 |
Marina Halac
Pierre Yared
|
Fiscal Rules and Discretion under Self-Enforcement |
|
w23828 |
Haelim Park Anderson
Gary Richardson
Brian S. Yang
|
Deposit Insurance and Depositor Monitoring: Quasi-Experimental Evidence from the Creation of the Federal Deposit Insurance Corporation |
|
w23789 |
Alan J. Auerbach
Yuriy Gorodnichenko
|
Fiscal Stimulus and Fiscal Sustainability |
|
w23790 |
Kyle F. Herkenhoff
Lee E. Ohanian
Edward C. Prescott
|
Tarnishing the Golden and Empire States: Land-Use Restrictions and the U.S. Economic Slowdown |
|
w23746 |
Marek Jarociński
Bartosz Maćkowiak
|
Monetary-Fiscal Interactions and the Euro Area's Malaise |
|
w23688 |
Russell Cooper
Moritz Meyer
Immo Schott
|
The Employment and Output Effects of Short-Time Work in Germany |
|
w23711 |
Michael D. Bordo
Andrew T. Levin
|
Central Bank Digital Currency and the Future of Monetary Policy |
|
w23605 |
Francesco Bianchi
Leonardo Melosi
|
The Dire Effects of the Lack of Monetary and Fiscal Coordination |
|
w23612 |
Patrick Bolton
Haizhou Huang
|
The Capital Structure of Nations |
|
w23577 |
Gabriel Chodorow-Reich
|
Geographic Cross-Sectional Fiscal Spending Multipliers: What Have We Learned? |
|
w23474 |
Anusha Chari
Karlye Dilts Stedman
Christian Lundblad
|
Taper Tantrums: QE, its Aftermath and Emerging Market Capital Flows |
|
w23440 |
Maurice Obstfeld
Alan M. Taylor
|
International Monetary Relations: Taking Finance Seriously |
|
w23411 |
Elif C. Arbatli
Steven J. Davis
Arata Ito
Naoko Miake
Ikuo Saito
|
Policy Uncertainty In Japan |
|
w23418 |
Charles F. Manski
|
Survey Measurement of Probabilistic Macroeconomic Expectations: Progress and Promise |
|
w23389 |
Juan Carlos Conesa
Daniela Costa
Parisa Kamali
Timothy J. Kehoe
Vegard M. Nygard
Gajendran Raveendranathan
Akshar Saxena
|
Macroeconomic Effects of Medicare |
|
w23379 |
George-Marios Angeletos
Chen Lian
|
Dampening General Equilibrium: From Micro to Macro |
|
w23385 |
Alberto Alesina
Omar Barbiero
Carlo Favero
Francesco Giavazzi
Matteo Paradisi
|
The Effects of Fiscal Consolidations: Theory and Evidence |
|
w23391 |
Christopher L. House
Ana-Maria Mocanu
Matthew D. Shapiro
|
Stimulus Effects of Investment Tax Incentives: Production versus Purchases |
|
w23312 |
Mark Aguiar
Satyajit Chatterjee
Harold Cole
Zachary Stangebye
|
Self-Fulfilling Debt Crises, Revisited: The Art of the Desperate Deal |
|
w23221 |
Martin S. Feldstein
|
Why is Growth better in the United States than in other Industrial Countries |
|
w23220 |
Michael D. Bordo
Harold James
|
Partial Fiscalization: Some Lessons on Europe's Unfinished Business |
|
w23235 |
Patrick J. Kehoe
Elena Pastorino
|
Financial Markets and Fiscal Unions |
|
w23172 |
Joshua K. Hausman
Paul W. Rhode
Johannes F. Wieland
|
Recovery from the Great Depression: The Farm Channel in Spring 1933 |
|
w23147 |
Christopher L. House
Christian Proebsting
Linda L. Tesar
|
Austerity in the Aftermath of the Great Recession |
|
w23093 |
Gauti B. Eggertsson
Neil R. Mehrotra
Jacob A. Robbins
|
A Model of Secular Stagnation: Theory and Quantitative Evaluation |
| 2016 |
|
w23008 |
José-María Da-Rocha
Marina Mendes Tavares
Diego Restuccia
|
Firing Costs, Misallocation, and Aggregate Productivity |
|
w23011 |
Joachim Hubmer
Per Krusell
Anthony A. Smith
Jr.
|
The Historical Evolution of the Wealth Distribution: A Quantitative-Theoretic Investigation |
|
w23014 |
Ricardo Reis
|
Can the Central Bank Alleviate Fiscal Burdens? |
|
w22954 |
Xavier Gabaix
|
A Behavioral New Keynesian Model |
|
w22903 |
David Berger
Nicholas Turner
Eric Zwick
|
Stimulating Housing Markets |
|
w22878 |
Daniel Green
Brian T. Melzer
Jonathan A. Parker
Arcenis Rojas
|
Accelerator or Brake? Cash for Clunkers, Household Liquidity, and Aggregate Demand |
|
w22856 |
Jing Cynthia Wu
Ji Zhang
|
A Shadow Rate New Keynesian Model |
|
w22866 |
Martín Uribe
|
Is The Monetarist Arithmetic Unpleasant? |
|
w22847 |
Mark Aguiar
Manuel Amador
Hugo Hopenhayn
Iván Werning
|
Take the Short Route: Equilibrium Default and Debt Maturity |
|
w22794 |
George-Marios Angeletos
Fabrice Collard
Harris Dellas
|
Public Debt as Private Liquidity: Optimal Policy |
|
w22800 |
Eric M. Leeper
|
Should Central Banks Care About Fiscal Rules? |
|
w22784 |
Gauti B. Eggertsson
Sanjay R. Singh
|
Log-linear Approximation versus an Exact Solution at the ZLB in the New Keynesian Model |
|
w22789 |
Edward Glaeser
Wei Huang
Yueran Ma
Andrei Shleifer
|
A Real Estate Boom with Chinese Characteristics |
|
w22763 |
Samuel G. Hanson
David S. Scharfstein
Adi Sunderam
|
Fiscal Risk and the Portfolio of Government Programs |
|
w22740 |
Steven J. Davis
|
An Index of Global Economic Policy Uncertainty |
|
w22705 |
Marina Azzimonti
|
The Politics of FDI Expropriation |
|
w22662 |
Eric M. Leeper
Bing Li
|
Surplus-Debt Regressions |
|
w22646 |
Dominik Sachs
Aleh Tsyvinski
Nicolas Werquin
|
Nonlinear Tax Incidence and Optimal Taxation in General Equilibrium |
|
w22638 |
Marco Di Maggio
Amir Kermani
Christopher Palmer
|
How Quantitative Easing Works: Evidence on the Refinancing Channel |
|
w22625 |
Marco Di Maggio
Amir Kermani
|
The Importance of Unemployment Insurance as an Automatic Stabilizer |
|
w22594 |
Julien Bengui
Javier Bianchi
Louphou Coulibaly
|
Financial Safety Nets |
|
w22557 |
Gregori Galofré-Vilà
Martin McKee
Christopher M. Meissner
David Stuckler
|
The Economic Consequences of the 1953 London Debt Agreement |
|
w22563 |
Francesco D’Acunto
Daniel Hoang
Michael Weber
|
The Effect of Unconventional Fiscal Policy on Consumption Expenditure |
|
w22570 |
Laurent Bouton
Alessandro Lizzeri
Nicola Persico
|
The Political Economy of Debt and Entitlements |
|
w22509 |
Pablo D'Erasmo
Enrique G. Mendoza
|
Optimal Domestic (and External) Sovereign Default |
|
w22431 |
Edward C. Prescott
Ryan Wessel
|
Monetary Policy with 100 Percent Reserve Banking: An Exploration |
|
w22410 |
Laurence Ball
|
The Fed and Lehman Brothers: Introduction and Summary |
|
w22415 |
Ricardo Reis
|
QE in the future: the central bank's balance sheet in a fiscal crisis |
|
w22422 |
Edward C. Prescott
|
RBC Methodology and the Development of Aggregate Economic Theory |
|
w22425 |
Juan Carlos Suárez Serrato
Philippe Wingender
|
Estimating Local Fiscal Multipliers |
|
w22374 |
Antonio Fatás
Lawrence H. Summers
|
The Permanent Effects of Fiscal Consolidations |
|
w22370 |
Pierre-Olivier Gourinchas
Thomas Philippon
Dimitri Vayanos
|
The Analytics of the Greek Crisis |
|
w22349 |
Jeffrey A. Frankel
Jesse Schreger
|
Bias in Official Fiscal Forecasts: Can Private Forecasts Help? |
|
w22359 |
Alisdair McKay
Ricardo Reis
|
Optimal Automatic Stabilizers |
|
w22321 |
Jeffrey Brinkman
Daniele Coen-Pirani
Holger Sieg
|
The Political Economy of Underfunded Municipal Pension Plans |
|
w22336 |
Marina Azzimonti
|
Does Partisan Conflict Deter FDI Inflows to the US? |
|
w22283 |
Ambrogio Cesa-Bianchi
Alessandro Rebucci
|
Does Easing Monetary Policy Increase Financial Instability? |
|
w22295 |
Emmanuel Farhi
Matteo Maggiori
|
A Model of the International Monetary System |
|
w22243 |
Gauti B. Eggertsson
Kevin Proulx
|
Bernanke's No-arbitrage Argument Revisited: Can Open Market Operations in Real Assets Eliminate the Liquidity Trap? |
|
w22239 |
Lee E. Ohanian
|
The Great Recession in the Shadow of the Great Depression: A Review Essay on "Hall of Mirrors: The Great Depression, The Great Recession and the Uses and Misuses Of History" |
|
w22163 |
Gabriel Chodorow-Reich
Loukas Karabarbounis
|
The Limited Macroeconomic Effects of Unemployment Benefit Extensions |
|
w22125 |
Mark Aguiar
Satyajit Chatterjee
Harold Cole
Zachary Stangebye
|
Quantitative Models of Sovereign Debt Crises |
|
w22135 |
Roger Farmer
Pawel Zabczyk
|
The Theory of Unconventional Monetary Policy |
|
w22140 |
Jérémie Cohen-Setton
Joshua K. Hausman
Johannes F. Wieland
|
Supply-Side Policies in the Depression: Evidence from France |
|
w22122 |
Gary D. Hansen
Lee E. Ohanian
|
Neoclassical Models in Macroeconomics |
|
w22076 |
Florian Scheuer
Iván Werning
|
Mirrlees meets Diamond-Mirrlees |
|
w22059 |
Michael D. Bordo
Christopher M. Meissner
|
Fiscal and Financial Crises |
|
w22012 |
Mikhail Golosov
Aleh Tsyvinski
Nicolas Werquin
|
Recursive Contracts and Endogenously Incomplete Markets |
|
w22032 |
Alan J. Auerbach
Laurence J. Kotlikoff
Darryl R. Koehler
|
U.S. Inequality, Fiscal Progressivity, and Work Disincentives: An Intragenerational Accounting |
|
w22006 |
Gaetano Gaballo
Ramon Marimon
|
Breaking the Spell with Credit-Easing: Self-Confirming Credit Crises in Competitive Search Economies |
|
w21978 |
Valerie A. Ramey
|
Macroeconomic Shocks and Their Propagation |
|
w21954 |
Takatoshi Ito
|
Japanization: Is it Endemic or Epidemic? |
|
w21948 |
Alessandro Dovis
Mikhail Golosov
Ali Shourideh
|
Political Economy of Sovereign Debt: A Theory of Cycles of Populism and Austerity |
|
w21901 |
Alberto Alesina
Benedetta Brioschi
Eliana La Ferrara
|
Violence Against Women: A Cross-cultural Analysis for Africa |
|
w21848 |
Xavier Gabaix
|
Behavioral Macroeconomics Via Sparse Dynamic Programming |
|
w21866 |
Narayana Kocherlakota
|
Fragility of Purely Real Macroeconomic Models |
|
w21867 |
Eric M. Leeper
Campbell Leith
|
Understanding Inflation as a Joint Monetary-Fiscal Phenomenon |
| 2015 |
|
w21822 |
Eric M. Leeper
|
Fiscal Analysis is Darned Hard |
|
w21821 |
Alberto Alesina
Andrea Passalacqua
|
The Political Economy of Government Debt |
|
w21799 |
George J. Hall
Thomas J. Sargent
|
A History of U.S. Debt Limits |
|
w21760 |
Pablo D. Fajgelbaum
Eduardo Morales
Juan Carlos Suárez Serrato
Owen M. Zidar
|
State Taxes and Spatial Misallocation |
|
w21694 |
Sebastian Edwards
Francis A. Longstaff
Alvaro Garcia Marin
|
The U.S. Debt Restructuring of 1933: Consequences and Lessons |
|
w21680 |
Gerald Carlino
Robert P. Inman
|
Fiscal Stimulus in Economic Unions: What Role for States? |
|
w21688 |
Christopher L. House
Linda L. Tesar
|
Greek Budget Realities: No Easy Options |
|
w21651 |
Michael Cooper
John McClelland
James Pearce
Richard Prisinzano
Joseph Sullivan
Danny Yagan
Owen Zidar
Eric Zwick
|
Business in the United States: Who Owns it and How Much Tax Do They Pay? |
|
w21660 |
Marco Battaglini
Levon Barseghyan
|
Political Economy of Debt and Growth |
|
w21667 |
David Berger
Veronica Guerrieri
Guido Lorenzoni
Joseph Vavra
|
House Prices and Consumer Spending |
|
w21626 |
Vadim Elenev
Tim Landvoigt
Stijn Van Nieuwerburgh
|
Phasing Out the GSEs |
|
w21633 |
Scott R. Baker
Nicholas Bloom
Steven J. Davis
|
Measuring Economic Policy Uncertainty |
|
w21608 |
Daron Acemoglu
Murat Ucer
|
The Ups and Downs of Turkish Growth, 2002-2015: Political Dynamics, the European Union and the Institutional Slide |
|
w21585 |
Frank N. Caliendo
Aspen Gorry
Sita Slavov
|
The Cost of Uncertainty about the Timing of Social Security Reform |
|
w21574 |
Pablo D'Erasmo
Enrique G. Mendoza
Jing Zhang
|
What is a Sustainable Public Debt? |
|
w21550 |
Andrew B. Abel
|
Crowding Out in Ricardian Economies |
|
w21538 |
Dirk Krueger
Alexander Ludwig
|
On the Optimal Provision of Social Insurance: Progressive Taxation versus Education Subsidies in General Equilibrium |
|
w21512 |
Sumit Agarwal
Gene Amromin
Souphala Chomsisengphet
Tim Landvoigt
Tomasz Piskorski
Amit Seru
Vincent Yao
|
Mortgage Refinancing, Consumer Spending, and Competition: Evidence from the Home Affordable Refinancing Program |
|
w21490 |
Alberto Cavallo
|
Scraped Data and Sticky Prices |
|
w21492 |
Marina Halac
Pierre Yared
|
Fiscal Rules and Discretion in a World Economy |
|
w21444 |
Joseph E. Stiglitz
|
Towards a General Theory of Deep Downturns |
|
w21426 |
Olivier Blanchard
Christopher J. Erceg
Jesper Lindé
|
Jump Starting the Euro Area Recovery: Would a Rise in Core Fiscal Spending Help the Periphery? |
|
w21433 |
Eric M. Leeper
Nora Traum
Todd B. Walker
|
Clearing Up the Fiscal Multiplier Morass: Prior and Posterior Analysis |
|
w21436 |
Carlos A. Vegh
Guillermo Vuletin
|
Unsticking the Flypaper Effect in an Uncertain World |
|
w21388 |
Rahul Anand
Eswar Prasad
Boyang Zhang
|
What Measure of Inflation Should a Developing Country Central Bank Target? |
|
w21322 |
Pascal Michaillat
Emmanuel Saez
|
The Optimal Use of Government Purchases for Stabilization |
|
w21333 |
Carmen M. Reinhart
Miguel Angel Santos
|
From Financial Repression to External Distress: The Case of Venezuela |
|
w21336 |
Saroj Bhattarai
Gauti B. Eggertsson
Bulat Gafarov
|
Time Consistency and the Duration of Government Debt: A Signalling Theory of Quantitative Easing |
|
w21350 |
Carmen M. Reinhart
|
The Antecedents and Aftermath of Financial Crises as told by Carlos F. Díaz Alejandro |
|
w21316 |
Atif Mian
Amir Sufi
Nasim Khoshkhou
|
Government Economic Policy, Sentiments, and Consumption |
|
w21280 |
Jaume Ventura
Hans-Joachim Voth
|
Debt into Growth: How Sovereign Debt Accelerated the First Industrial Revolution |
|
w21287 |
Michael D. Bordo
Christopher M. Meissner
|
Growing Up to Stability? Financial Globalization, Financial Development and Financial Crises |
|
w21273 |
Marina Azzimonti
|
Partisan Conflict and Private Investment |
|
w21228 |
Nicola Fuchs-Schuendeln
Tarek Alexander Hassan
|
Natural Experiments in Macroeconomics |
|
w21220 |
Claudia R. Sahm
Matthew D. Shapiro
Joel Slemrod
|
Balance-Sheet Households and Fiscal Stimulus: Lessons from the Payroll Tax Cut and Its Expiration |
|
w21201 |
Miguel Faria-e-Castro
Joseba Martinez
Thomas Philippon
|
Runs versus Lemons: Information Disclosure and Fiscal Capacity |
|
w21152 |
Farley Grubb
|
Colonial New Jersey's Provincial Fiscal Structure, 1709-1775: Spending Obligations, Revenue Sources, and Tax Burdens in War and in Peace |
|
w21158 |
Philippe Bacchetta
Elena Perazzi
Eric van Wincoop
|
Self-Fulfilling Debt Crises: Can Monetary Policy Really Help? |
|
w21100 |
Alan J. Auerbach
Yuriy Gorodnichenko
|
Effects of Fiscal Shocks in a Globalized World |
|
w21074 |
David M. Byrne
Stephen D. Oliner
Daniel E. Sichel
|
How Fast are Semiconductor Prices Falling? |
|
w21092 |
Olivier Coibion
Yuriy Gorodnichenko
Saten Kumar
|
How Do Firms Form Their Expectations? New Survey Evidence |
|
w21047 |
Mariacristina De Nardi
Fang Yang
|
Wealth Inequality, Family Background, and Estate Taxation |
|
w21035 |
Owen M. Zidar
|
Tax Cuts For Whom? Heterogeneous Effects of Income Tax Changes on Growth and Employment |
|
w21017 |
Michael Bordo
Harold James
|
Capital Flows and Domestic and International Order: Trilemmas from Macroeconomics to Political Economy and International Relations |
|
w20896 |
Yan Bai
Seon Tae Kim
Gabriel P. Mihalache
|
The Maturity and Payment Schedule of Sovereign Debt |
|
w20862 |
Martin S. Feldstein
|
Ending the Euro Crisis? |
|
w20821 |
Era Dabla-Norris
Yan Ji
Robert M. Townsend
D. Filiz Unsal
|
Distinguishing Constraints on Financial Inclusion and Their Impact on GDP, TFP, and Inequality |
|
w20827 |
Alberto Alesina
Omar Barbiero
Carlo Favero
Francesco Giavazzi
Matteo Paradisi
|
Austerity in 2009-2013 |
| 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
|
Regional Transfers |
|
w20719 |
Valerie A. Ramey
Sarah Zubairy
|
Government Spending Multipliers in Good Times and in Bad: Evidence from U.S. Historical Data |
|
w20687 |
Florin O. Bilbiie
Tommaso Monacelli
Roberto Perotti
|
Is Government Spending at the Zero Lower Bound Desirable? |
|
w20688 |
Hans A. Holter
Dirk Krueger
Serhiy Stepanchuk
|
How Does Tax Progressivity and Household Heterogeneity Affect Laffer Curves? |
|
w20675 |
Carlos A. Vegh
Guillermo Vuletin
|
The Road to Redemption: Policy Response to Crises in Latin America |
|
w20632 |
Davide Debortoli
Ricardo Nunes
Pierre Yared
|
Optimal Time-Consistent Government Debt Maturity |
|
w20633 |
Mikhail Golosov
Luigi Iovino
|
Social Insurance, Information Revelation, and Lack of Commitment |
|
w20650 |
Russell Cooper
Antoine Camous
|
Monetary Policy and Debt Fragility |
|
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 |
|
w20572 |
Philippe Martin
Thomas Philippon
|
Inspecting the Mechanism: Leverage and the Great Recession in the Eurozone |
|
w20573 |
Lant Pritchett
Lawrence H. Summers
|
Asiaphoria Meets Regression to the Mean |
|
w20577 |
Carmen M. Reinhart
Christoph Trebesch
|
A Distant Mirror of Debt, Default, and Relief |
|
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 |
|
w20561 |
Benjamin J. Keys
Tomasz Piskorski
Amit Seru
Vincent Yao
|
Mortgage Rates, Household Balance Sheets, and the Real Economy |
|
w20530 |
Joseph E. Stiglitz
|
In Praise of Frank Ramsey's Contribution to the Theory of Taxation |
|
w20533 |
Daniel Riera-Crichton
Carlos A. Vegh
Guillermo Vuletin
|
Procyclical and Countercyclical Fiscal Multipliers: Evidence from OECD Countries |
|
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: The Response of Household Spending
to Changes in Expected Taxes |
|
w20410 |
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Selling Failed Banks |
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Presidents and the U.S. Economy: An Econometric Exploration |
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Inflating Away the Public Debt? An Empirical Assessment |
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A Surplus of Ambition: Can Europe Rely on Large Primary Surpluses to Solve its Debt Problem? |
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Housing, Finance and the Macroeconomy |
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Escaping the Great Recession |
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Capital Controls and Recovery from the Financial Crisis of the 1930s |
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Saving Europe?: The Unpleasant Arithmetic of Fiscal Austerity in Integrated Economies |
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Defense Government Spending Is Contractionary, Civilian Government Spending Is Expansionary |
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Long-Term Damage from the Great Recession in OECD Countries |
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The Economic Stimulus Payments of 2008 and the Aggregate Demand for Consumption |
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Transfer Payments and the Macroeconomy: The Effects of Social Security Benefit Changes, 1952-1991 |
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Greg Kaplan
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The Wealthy Hand-to-Mouth |
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Alexander Wolitzky
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Capital Taxation under Political Constraints |
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Optimal Development Policies with Financial Frictions |
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Learning From the Doers: Developing Country Lessons for Advanced Economy Growth |
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A Century of Capital Structure: The Leveraging of Corporate America |
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Fiscal Multipliers in Japan |
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Debt Crises and Risk Sharing: The Role of Markets versus Sovereigns |
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The Demise of U.S. Economic Growth: Restatement, Rebuttal, and Reflections |
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Two Tales of Adjustment: East Asian Lessons for European Growth |
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Was This Time Different? Fiscal Policy in Commodity Republics |
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The Output and Welfare Effects of Government Spending Shocks over the Business Cycle |
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Take the Short Route: How to Repay and Restructure Sovereign Debt with Multiple Maturities |
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Inflation's Role in Optimal Monetary-Fiscal Policy |
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Are Capital Controls Prudential? An Empirical Investigation |
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Distributional Effects of Macroeconomic Policy Choices in Emerging Market Economies |
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Farley Grubb
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The Continental Dollar: How the American Revolution was Financed with Paper Money--Initial Design and Ideal Performance |
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Macro Fiscal Policy in Economic Unions: States as Agents |
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Crisis and Commitment: Inflation Credibility and the Vulnerability to Sovereign Debt Crises |
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Anmol Bhandari
David Evans
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Thomas J. Sargent
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Taxes, Debts, and Redistributions with Aggregate Shocks |
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John H. Cochrane
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The New-Keynesian Liquidity Trap |
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Distributional Incentives in an Equilibrium Model of Domestic Sovereign Default |
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Was Stalin Necessary for Russia's Economic Development? |
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Gary Hansen
Selo Imrohoroglu
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Fiscal Reform and Government Debt in Japan: A Neoclassical Perspective |
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Òscar Jordà
Alan M. Taylor
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The Time for Austerity: Estimating the Average Treatment Effect of Fiscal Policy |
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Òscar Jordà
Guido Kuersteiner
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Semiparametric Estimates of Monetary Policy Effects: String Theory Revisited |
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Michael Woodford
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Macroeconomic Analysis without the Rational Expectations Hypothesis |
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Peter Ganong
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The Decline, Rebound, and Further Rise in SNAP Enrollment: Disentangling Business Cycle Fluctuations and Policy Changes |
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Sovereign Default Risk and Banks in a Monetary Union |
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Ricardo Reis
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The Portuguese Slump and Crash and the Euro Crisis |
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Gary B. Gorton
Andrew Metrick
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The Federal Reserve and Financial Regulation: The First Hundred Years |
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Marco Bassetto
Marco Cagetti
Mariacristina De Nardi
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Credit Crunches and Credit Allocation in a Model of Entrepreneurship |
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James D. Hamilton
Peter Hooper
Frederic S. Mishkin
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Crunch Time: Fiscal Crises and the Role of Monetary Policy |
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Guido Lorenzoni
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Slow Moving Debt Crises |
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Florian Scheuer
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Entrepreneurial Taxation with Endogenous Entry |
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Yothin Jinjarak
Ilan Noy
Huanhuan Zheng
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Capital Controls in Brazil - Stemming a Tide with a Signal? |
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Karel Mertens
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Marginal Tax Rates and Income: New Time Series Evidence |
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Patrick J. Kehoe
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Bailouts, Time Inconsistency, and Optimal Regulation |
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Rajnish Mehra
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Asset Pricing Implications of Macroeconomic Interventions An Application to Climate Policy |
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George J. Hall
Thomas J. Sargent
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Fiscal Discriminations in Three Wars |
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Alisdair McKay
Ricardo Reis
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The Role of Automatic Stabilizers in the U.S. Business Cycle |
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Gerald Carlino
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Local Deficits and Local Jobs: Can U.S. States Stabilize Their Own Economies? |
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Umit G. Gurun
Gregor Matvos
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Advertising Expensive Mortgages |
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Marco Bassetto
Christopher Phelan
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Speculative Runs on Interest Rate Pegs |
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Eric M. Leeper
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Fiscal Limits and Monetary Policy |
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Pascal Michaillat
Emmanuel Saez
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Aggregate Demand, Idle Time, and Unemployment |
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George-Marios Angeletos
Fabrice Collard
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Optimal Public Debt Management and Liquidity Provision |
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Christopher M. Meissner
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Capital Flows, Credit Booms, and Financial Crises in the Classical Gold Standard Era |
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Olivier J. Blanchard
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Growth Forecast Errors and Fiscal Multipliers |
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Robert E. Hall
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Fiscal Stability of High-Debt Nations under Volatile Economic Conditions |
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Valerie A. Ramey
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Are Government Spending Multipliers Greater During Periods of Slack? Evidence from 20th Century Historical Data |
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Peter A. Diamond
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Cyclical Unemployment, Structural Unemployment |
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Ricardo J. Caballero
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A Model of the Safe Asset Mechanism (SAM): Safety Traps and Economic Policy |
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Three Branches of Theories of Financial Crises |
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Javier Bianchi
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Efficient Bailouts? |
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Harold L. Cole
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Dirk Krueger
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Analyzing the Effects of Insuring Health Risks: On the Trade-off between Short Run Insurance Benefits vs. Long Run Incentive Costs |
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Alan J. Auerbach
Yuriy Gorodnichenko
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Output Spillovers from Fiscal Policy |
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Marina Halac
Pierre Yared
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Fiscal Rules and Discretion under Persistent Shocks |
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Gary D. Hansen
Minchung Hsu
Junsang Lee
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Health Insurance Reform: The Impact of a Medicare Buy-In |
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Zhiguo He
Asaf Manela
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Information Acquisition in Rumor Based Bank Runs |
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Robert Novy-Marx
Joshua D. Rauh
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The Revenue Demands of Public Employee Pension Promises |
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Daniel Riera-Crichton
Carlos A. Vegh
Guillermo Vuletin
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Tax Multipliers: Pitfalls in Measurement and Identification |
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Roger E.A. Farmer
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Qualitative Easing: How it Works and Why it Matters |
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Russell Cooper
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Debt Fragility and Bailouts |
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C. Bora Durdu
Enrique G. Mendoza
Marco E. Terrones
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On the Solvency of Nations: Cross-Country Evidence on the Dynamics of External Adjustment |
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Emmanuel Farhi
Iván Werning
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Fiscal Multipliers: Liquidity Traps and Currency Unions |
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Laurence Ales
Pricila Maziero
Pierre Yared
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A Theory of Political and Economic Cycles |
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Sumit Agarwal
Gene Amromin
Itzhak Ben-David
Souphala Chomsisengphet
Tomasz Piskorski
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Policy Intervention in Debt Renegotiation: Evidence from the Home Affordable Modification Program |
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Robert J. Gordon
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Is U.S. Economic Growth Over? Faltering Innovation Confronts the Six Headwinds |
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Alberto Alesina
Carlo Favero
Francesco Giavazzi
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The Output Effect of Fiscal Consolidations |
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Takeo Hoshi
Takatoshi Ito
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Defying Gravity: How Long Will Japanese Government Bond Prices Remain High? |
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Alan M. Taylor
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The Great Leveraging |
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Ivan Werning
Emmanuel Farhi
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Fiscal Unions |
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Zhiguo He
Péter Kondor
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Inefficient Investment Waves |
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Casey Rothschild
Florian Scheuer
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Redistributive Taxation in the Roy Model |
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Miles S. Kimball
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"Getting the Biggest Bang for the Buck in Fiscal Policy" |
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Mark Bils
Peter J. Klenow
Benjamin A. Malin
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Testing for Keynesian Labor Demand |
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Paola Giuliano
Prachi Mishra
Antonio Spilimbergo
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Democracy and Reforms: Evidence from a New Dataset |
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Jess Benhabib
George W. Evans
Seppo Honkapohja
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Liquidity Traps and Expectation Dynamics: Fiscal Stimulus or Fiscal Austerity? |
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Jesús Fernández-Villaverde
Grey Gordon
Pablo A. Guerrón-Quintana
Juan Rubio-Ramírez
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Nonlinear Adventures at the Zero Lower Bound |
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Stephanie Schmitt-Grohe
Martin Uribe
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Prudential Policy for Peggers |
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Eric W. Bond
Mario J. Crucini
Tristan Potter
Joel Rodrigue
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Misallocation and Productivity Effects of the Smoot-Hawley Tariff |
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Sylvain Leduc
Daniel Wilson
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Roads to Prosperity or Bridges to Nowhere? Theory and Evidence on the Impact of Public Infrastructure Investment |
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Carmen M. Reinhart
Vincent R. Reinhart
Kenneth S. Rogoff
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Debt Overhangs: Past and Present |
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Jesse Rothstein
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The Labor Market Four Years Into the Crisis: Assessing Structural Explanations |
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Fernando E. Alvarez
Francesco Lippi
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Price Setting with menu cost for Multi-product firms |
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Richard W. Evans
Laurence J. Kotlikoff
Kerk L. Phillips
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Game Over: Simulating Unsustainable Fiscal Policy |
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Russell Cooper
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Exit from a Monetary Union through Euroization: Discipline without Chaos |
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Eric M. Leeper
Todd B. Walker
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Perceptions and Misperceptions of Fiscal Inflation |
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Pïerre Cahuc
Stephane Carcillo
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Can Public Sector Wage Bills Be Reduced? |
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Charles Wyplosz
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Fiscal Rules: Theoretical Issues and Historical Experiences |
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Christina D. Romer
David H. Romer
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The Incentive Effects of Marginal Tax Rates: Evidence from the Interwar Era |
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Mathias Trabandt
Harald Uhlig
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How Do Laffer Curves Differ Across Countries? |
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Huixin Bi
Eric M. Leeper
Campbell B. Leith
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Uncertain Fiscal Consolidations |
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Laurence M. Ball
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Ben Bernanke and the Zero Bound |
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Francesco Giavazzi
Michael McMahon
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The Households Effects of Government Consumption |
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w17817 |
Florian Scheuer
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Optimal Asset Taxes in Financial Markets with Aggregate Uncertainty |
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Valerie A. Ramey
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Government Spending and Private Activity |
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Carlos A. Vegh
Guillermo Vuletin
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How is Tax Policy Conducted over the Business Cycle? |
| 2011 |
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w17708 |
Giancarlo Corsetti
Gernot J. Müller
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Multilateral Economic Cooperation and the International Transmission of Fiscal Policy |
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Emmanuel Farhi
Gita Gopinath
Oleg Itskhoki
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Fiscal Devaluations |
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w17642 |
Mikhail Golosov
Maxim Troshkin
Aleh Tsyvinski
|
Optimal Dynamic Taxes |
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w17619 |
Jeffrey A. Frankel
Carlos A. Végh
Guillermo Vuletin
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On Graduation from Fiscal Procyclicality |
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w17622 |
Fatih Guvenen
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Macroeconomics With Heterogeneity: A Practical Guide |
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Hans-Werner Sinn
Timo Wollmershaeuser
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Target Loans, Current Account Balances and Capital Flows: The ECB's Rescue Facility |
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Marco Battaglini
Stephen Coate
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Fiscal Policy and Unemployment |
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w17571 |
Roberto Perotti
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The "Austerity Myth": Gain Without Pain? |
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Viral V. Acharya
Raghuram G. Rajan
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Sovereign Debt, Government Myopia, and the Financial Sector |
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w17493 |
Andrew Atkeson
Ariel T. Burstein
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Aggregate Implications of Innovation Policy |
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Eric M. Leeper
Nora Traum
Todd B. Walker
|
Clearing Up the Fiscal Multiplier Morass |
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w17447 |
Alan J. Auerbach
Yuriy Gorodnichenko
|
Fiscal Multipliers in Recession and Expansion |
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w17457 |
Mark A. Aguiar
Manuel Amador
|
Fiscal Policy in Debt Constrained Economies |
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w17427 |
Joshua Aizenman
Yothin Jinjarak
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The Fiscal Stimulus of 2009-10: Trade Openness, Fiscal Space and Exchange Rate Adjustment |
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w17431 |
Gilles St. Paul
|
Toward a Political Economy of Macroeconomic Thinking |
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w17391 |
Emi Nakamura
Jón Steinsson
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Fiscal Stimulus in a Monetary Union: Evidence from U.S. Regions |
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w17348 |
Mikhail Golosov
John Hassler
Per Krusell
Aleh Tsyvinski
|
Optimal Taxes on Fossil Fuel in General Equilibrium |
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w17315 |
Gene Amromin
Jennifer Huang
Clemens Sialm
Edward Zhong
|
Complex Mortgages |
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w17305 |
Takero Doi
Takeo Hoshi
Tatsuyoshi Okimoto
|
Japanese Government Debt and Sustainability of Fiscal Policy |
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w17309 |
Rafael Di Tella
Juan Dubra
|
Free to Punish? The American Dream and the Harsh Treatment of Criminals |
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w17319 |
Sanjay K. Chugh
Fabio Ghironi
|
Optimal Fiscal Policy with Endogenous Product Variety |
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w17272 |
Carlo Favero
Francesco Giavazzi
Jacopo Perego
|
Country Heterogeneity and the International Evidence on the Effects of Fiscal Policy |
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w17230 |
Ruediger Bachmann
Jinhui Bai
|
Public Consumption Over the Business Cycle |
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Jeffrey A. Frankel
|
Over-optimism in Forecasts by Official Budget Agencies and Its Implications |
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w17240 |
Jonathan A. Parker
|
On Measuring the Effects of Fiscal Policy in Recessions |
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Lawrence Christiano
Daisuke Ikeda
|
Government Policy, Credit Markets and Economic Activity |
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Thorsten Drautzburg
Harald Uhlig
|
Fiscal Stimulus and Distortionary Taxation |
|
w17029 |
N. Gregory Mankiw
Matthew C. Weinzierl
|
An Exploration of Optimal Stabilization Policy |
|
w17063 |
Rüdiger Bachmann
Eric R. Sims
|
Confidence and the Transmission of Government Spending Shocks |
|
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 |
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Eric M. Leeper
Todd B. Walker
Shu-Chun Susan Yang
|
Foresight and Information Flows |
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w16945 |
Jeffrey A. Frankel
|
A Solution to Fiscal Procyclicality: The Structural Budget Institutions Pioneered by Chile |
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Patrick Bolton
Olivier Jeanne
|
Sovereign Default Risk and Bank Fragility in Financially Integrated Economies |
|
w16891 |
Betsey Stevenson
Justin Wolfers
|
Trust in Public Institutions over the Business Cycle |
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Carmen M. Reinhart
M. Belen Sbrancia
|
The Liquidation of Government Debt |
|
w16819 |
Eric M. Leeper
Todd B. Walker
|
Fiscal Limits in Advanced Economies |
|
w16799 |
Troy Davig
Eric M. Leeper
|
Temporarily Unstable Government Debt and Inflation |
|
w16775 |
Hyunseung Oh
Ricardo Reis
|
Targeted Transfers and the Fiscal Response to the Great Recession |
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w16779 |
Joshua Aizenman
Gurnain Kaur Pasricha
|
Net Fiscal Stimulus During the Great Recession |
|
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 |
|
w16786 |
Roberto Perotti
|
The Effects of Tax Shocks on Output: Not So Large, But Not Small Either |
|
w16758 |
Isabel Correia
Emmanuel Farhi
Juan Pablo Nicolini
Pedro Teles
|
Unconventional Fiscal Policy at the Zero Bound |
|
w16759 |
James Feyrer
Bruce Sacerdote
|
Did the Stimulus Stimulate? Real Time Estimates of the Effects of the American Recovery and Reinvestment Act |
|
w16707 |
Olivier Coibion
Yuriy Gorodnichenko
|
Why Are Target Interest Rate Changes So Persistent? |
|
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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 |
|
w16644 |
Roger E.A. Farmer
Dmitry Plotnikov
|
Does Fiscal Policy Matter? Blinder and Solow Revisited |
|
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Rafael Di Tella
Ricardo Pérez-Truglia
|
Conveniently Upset: Avoiding Altruism by Distorting Beliefs About Others |
|
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 |
|
w16495 |
Troy Davig
Eric M. Leeper
Todd B. Walker
|
Inflation and the Fiscal Limit |
|
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 |
|
w16477 |
Price V. Fishback
|
U.S. Monetary and Fiscal Policy in the 1930s |
|
w16478 |
Joshua Aizenman
Gurnain Kaur Pasricha
|
Fiscal fragility: what the past may say about the future |
|
w16479 |
Ethan Ilzetzki
Enrique G. Mendoza
Carlos A. Végh
|
How Big (Small?) are Fiscal Multipliers? |
|
w16451 |
Martin S. Feldstein
|
Preventing a National Debt Explosion |
|
w16458 |
Antje Berndt
Hanno Lustig
Sevin Yeltekin
|
How Does the U.S. Government Finance Fiscal Shocks? |
|
w16416 |
Harald Uhlig
|
Economics and Reality |
|
w16401 |
Yongsung Chang
Sun-Bin Kim
Frank Schorfheide
|
Labor-Market Heterogeneity, Aggregation, and the Lucas Critique |
|
w16363 |
Eric M. Leeper
Alexander W. Richter
Todd B. Walker
|
Quantitative Effects of Fiscal Foresight |
|
w16380 |
Robert J. Gordon
Robert Krenn
|
The End of the Great Depression 1939-41: Policy Contributions and Fiscal Multipliers |
|
w16346 |
Agustín S. Bénétrix
Philip R. Lane
|
International Differences in Fiscal Policy During the Global Crisis |
|
w16351 |
Atif Mian
Amir Sufi
|
The Effects of Fiscal Stimulus: Evidence from the 2009 'Cash for Clunkers' Program |
|
w16358 |
Matthias Fleckenstein
Francis A. Longstaff
Hanno Lustig
|
Why Does the Treasury Issue Tips? The Tips-Treasury Bond Puzzle |
|
w16311 |
Alan J. Auerbach
Yuriy Gorodnichenko
|
Measuring the Output Responses to Fiscal Policy |
|
w16289 |
Karel Mertens
Morten Ravn
|
Empirical Evidence on the Aggregate Effects of Anticipated and Unanticipated U.S. Tax Policy Shocks |
|
w16290 |
Rahul Anand
Eswar S. Prasad
|
Optimal Price Indices for Targeting Inflation Under Incomplete Markets |
|
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 |
|
w16243 |
Andrew K. Rose
Mark M. Spiegel
|
Cross-Country Causes and Consequences of the Crisis: An Update |
|
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? |
|
w16168 |
Rong Qian
Carmen M. Reinhart
Kenneth S. Rogoff
|
On Graduation from Default, Inflation and Banking Crisis: Elusive or Illusion? |
|
w16169 |
Ryan Chahrour
Stephanie Schmitt-Grohé
Martín Uribe
|
A Model-Based Evaluation of the Debate on the Size of the Tax Multiplier |
|
w16157 |
François Gourio
Jianjun Miao
|
Transitional Dynamics of Dividend and Capital Gains Tax Cuts |
|
w16087 |
John H. Cochrane
|
Understanding Policy in the Great Recession: Some Unpleasant Fiscal Arithmetic |
|
w16095 |
Michael Woodford
|
Optimal Monetary Stabilization Policy |
|
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 |
|
w15931 |
Tommaso Monacelli
Roberto Perotti
Antonella Trigari
|
Unemployment Fiscal Multipliers |
|
w15934 |
Willem H. Buiter
Urjit R. Patel
|
Fiscal Rules in India: Are They Effective? |
|
w15839 |
Lauren Cohen
Joshua D. Coval
Christopher Malloy
|
Do Powerful Politicians Cause Corporate Downsizing? |
|
w15847 |
Marco Del Negro
Fabrizio Perri
Fabiano Schivardi
|
Tax buyouts |
|
w15809 |
Yacine Aït-Sahalia
Jochen Andritzky
Andreas Jobst
Sylwia Nowak
Natalia Tamirisa
|
Market Response to Policy Initiatives during the Global Financial Crisis |
|
w15810 |
Huixin Bi
Eric M. Leeper
|
Sovereign Debt Risk Premia and Fiscal Policy in Sweden |
|
w15800 |
Casey B. Mulligan
|
Simple Analytics and Empirics of the Government Spending Multiplier and Other "Keynesian" Paradoxes |
|
w15780 |
Graciela L. Kaminsky
|
Terms of Trade Shocks and Fiscal Cycles |
|
w15782 |
Troy Davig
Eric M. Leeper
Todd B. Walker
|
"Unfunded Liabilities" and Uncertain Fiscal Financing |
|
w15784 |
Joshua Aizenman
Gurnain Kaur Pasricha
|
On the ease of overstating the fiscal stimulus in the US, 2008-9 |
|
w15754 |
Christopher J. Nekarda
Valerie A. Ramey
|
Industry Evidence on the Effects of Government Spending |
|
w15757 |
Marc P. Giannoni
Michael Woodford
|
Optimal Target Criteria for Stabilization Policy |
|
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 |
|
w15616 |
Raj Chetty
|
Bounds on Elasticities with Optimization Frictions: A Synthesis of Micro and Macro Evidence on Labor Supply |
|
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 |
|
w15582 |
Dirk Krueger
Fabrizio Perri
|
Public versus Private Risk Sharing |
|
w15550 |
Francesco Caselli
Guy Michaels
|
Do Oil Windfalls Improve Living Standards? Evidence from Brazil |
|
w15562 |
Joshua Aizenman
Nancy Marion
|
Using Inflation to Erode the U.S. Public Debt |
|
w15565 |
Volker Wieland
|
Quantitative Easing: A Rationale and Some Evidence from Japan |
|
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 |
|
w15526 |
Fatih Guvenen
Burhanettin Kuruscu
Serdar Ozkan
|
Taxation of Human Capital and Wage Inequality: A Cross-Country Analysis |
|
w15496 |
Robert E. Hall
|
By How Much Does GDP Rise if the Government Buys More Output? |
|
w15505 |
Stephanie Schmitt-Grohe
Martin Uribe
|
On Quality Bias and Inflation Targets |
|
w15514 |
Eric M. Leeper
|
Anchors Away: How Fiscal Policy Can Undermine the Taylor Principle |
|
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 |
|
w15405 |
Stavros Panageas
|
Optimal taxation in the presence of bailouts |
|
w15407 |
Alan J. Auerbach
William G. Gale
|
Activist Fiscal Policy to Stabilize Economic Activity |
|
w15394 |
Lawrence Christiano
Martin Eichenbaum
Sergio Rebelo
|
When is the government spending multiplier large? |
|
w15400 |
Daron Acemoglu
Mikhail Golosov
Aleh Tsyvinski
|
Power Fluctuations and Political Economy |
|
w15357 |
Andrew K. Rose
Mark M. Spiegel
|
Cross-Country Causes and Consequences of the 2008 Crisis: Early Warning |
|
w15358 |
Andrew K. Rose
Mark M. Spiegel
|
Cross-Country Causes and Consequences of the 2008 Crisis: International Linkages and American Exposure |
|
w15362 |
Amir E. Khandani
Andrew W. Lo
Robert C. Merton
|
Systemic Risk and the Refinancing Ratchet Effect |
|
w15369 |
Robert J. Barro
Charles J. Redlick
|
Macroeconomic Effects from Government Purchases and Taxes |
|
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 |
|
w15290 |
Martin S. Feldstein
|
Economic Conditions and U.S. National Security in the 1930s and Today |
|
w15302 |
Daron Acemoglu
Mikhail Golosov
Aleh Tsyvinski
|
Political Economy of Ramsey Taxation |
|
w15303 |
Carlo Favero
Francesco Giavazzi
|
How large are the effects of tax changes? |
|
w15269 |
Eric M. Leeper
|
Anchoring Fiscal Expectations |
|
w15283 |
Atif R. Mian
Amir Sufi
|
House Prices, Home Equity-Based Borrowing, and the U.S. Household Leverage Crisis |
|
w15176 |
Russell Cooper
Hubert Kempf
Dan Peled
|
Insulation Impossible: Fiscal Spillovers in a Monetary Union |
|
w15160 |
Eric M. Leeper
Michael Plante
Nora Traum
|
Dynamics of Fiscal Financing in the United States |
|
w15170 |
John Geanakoplos
Stephen P. Zeldes
|
Market Valuation of Accrued Social Security Benefits |
|
w15133 |
Troy Davig
Eric M. Leeper
|
Monetary-Fiscal Policy Interactions and Fiscal Stimulus |
|
w15153 |
Eric M. Leeper
Todd B. Walker
Shu-Chun Susan Yang
|
Government Investment and Fiscal Stimulus in the Short and Long Runs |
|
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 |
|
w15025 |
Roger Farmer
Carine Nourry
Alain Venditti
|
Debt, Deficits and Finite Horizons: The Stochastic Case |
|
w15028 |
Farley Grubb
|
Land Policy: Founding Choices and Outcomes, 1781-1802 |
|
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? |
|
w14722 |
Antonio Fatas
Ilian Mihov
|
The Euro and Fiscal Policy |
|
w14725 |
Alan J. Auerbach
|
Implementing the New Fiscal Policy Activism |
|
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 |
|
w14584 |
Tommaso Monacelli
Roberto Perotti
|
Fiscal Policy, Wealth Effects, and Markups |
|
w14587 |
Carmen M. Reinhart
Kenneth S. Rogoff
|
Banking Crises: An Equal Opportunity Menace |
|
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 |
|
w14391 |
Stefano Eusepi
Bruce Preston
|
Stabilizing Expectations under Monetary and Fiscal Policy Coordination |
|
w14400 |
Richard Rogerson
|
Market Work, Home Work and Taxes: A Cross Country Analysis |
|
w14351 |
Rajnish Mehra
Facundo Piguillem
Edward C. Prescott
|
Costly Financial Intermediation in Neoclassical Growth Theory |
|
w14255 |
Manuel Amador
Pierre-Olivier Weill
|
Learning from Prices: Public Communication and Welfare |
|
w14260 |
Andrew Atkeson
Patrick J. Kehoe
|
On the Need for a New Approach to Analyzing Monetary Policy |
|
w14264 |
Antoni Estevadeordal
Alan M. Taylor
|
Is the Washington Consensus Dead? Growth, Openness, and the Great Liberalization, 1970s-2000s |
|
w14267 |
Farley Grubb
|
The Distribution of Congressional Spending During the American Revolution, 1775-1780: The Problem of Geographic Balance |
|
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 |
|
w13677 |
Ramon Marimon
Javier Díaz-Giménez
Giorgia Giovannetti
Pedro Teles
|
Nominal Debt as a Burden on Monetary Policy |
|
w13694 |
Sumit Agarwal
Chunlin Liu
Nicholas S. Souleles
|
The Reaction of Consumer Spending and Debt to Tax Rebates -- Evidence from Consumer Credit Data |
|
w13639 |
Guido Lorenzoni
|
Inefficient Credit Booms |
|
w13655 |
V. V. Chari
Patrick J. Kehoe
|
The Heterogeneous State of Modern Macroeconomics: A Reply to Solow |
|
w13629 |
Stefania Albanesi
Roc Armenter
|
Intertemporal Distortions in the Second best |
|
w13635 |
Josephine M. Smith
John B. Taylor
|
The Long and the Short End of the Term Structure of Policy Rules |
|
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? |
|
w13390 |
Emmanuel Farhi
|
Capital Taxation and Ownership when Markets are Incomplete |
|
w13398 |
Andrew Atkeson
V. V. Chari
Patrick J. Kehoe
|
On the Optimal Choice of a Monetary Policy Instrument |
|
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 |
|
w13119 |
Laura Alfaro
Fabio Kanczuk
|
Debt Maturity: Is Long-Term Debt Optimal? |
|
w13131 |
Laura Alfaro
Fabio Kanczuk
|
Nominal versus Indexed Debt: A Quantitative Horse Race |
|
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 |
|
w12945 |
Ricardo J. Caballero
Eduardo M.R.A. Engel
|
Price Stickiness in Ss Models: New Interpretations of Old Results |
|
w12947 |
Enrique G. Mendoza
Jonathan D. Ostry
|
International Evidence on Fiscal Solvency: Is Fiscal Policy "Responsible"? |
|
w12919 |
Willem H. Buiter
|
Seigniorage |
|
w12925 |
Olivier Blanchard
|
Current Account Deficits in Rich Countries |
|
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 |
|
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 |
|
w12719 |
Gary Richardson
|
A Comment Concerning Deposit Insurance and Moral Hazard |
|
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 |
|
w12637 |
Dale F. Gray
Robert C. Merton
Zvi Bodie
|
A New Framework for Analyzing and Managing Macrofinancial Risks of an Economy |
|
w12639 |
David Card
Raj Chetty
Andrea Weber
|
Cash-on-Hand and Competing Models of Intertemporal Behavior: New Evidence from the Labor Market |
|
w12641 |
Rafael Di Tella
Juan Dubra
|
Crime and Punishment in the "American Dream" |
|
w12600 |
Emmanuel Farhi
Ivan Werning
|
Progressive Estate Taxation |
|
w12590 |
Gary Richardson
|
Bank Distress During the Great Contraction, 1929 to 1933, New Data from the Archives of the Board of Governors |
|
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 |
|
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 |
|
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 |
|
w12130 |
Ellen R. McGrattan
Lee E. Ohanian
|
Does Neoclassical Theory Account for the Effects of Big Fiscal Shocks? Evidence From World War II |
|
w12137 |
Filippo Occhino
Kim Oosterlinck
Eugene N. White
|
How Occupied France Financed Its Own Exploitation in World War II |
|
w12158 |
Pierpaolo Benigno
Michael Woodford
|
Optimal Inflation Targeting under Alternative Fiscal Regimes |
|
w12073 |
Erik Snowberg
Justin Wolfers
Eric Zitzewitz
|
Partisan Impacts on the Economy: Evidence from Prediction Markets and Close Elections |
|
w12076 |
Robert G. King
|
Discretionary Policy and Multiple Equilibria |
|
w12089 |
Bennett T. McCallum
Edward Nelson
|
Monetary and Fiscal Theories of the Price Level: The Irreconcilable Differences |
|
w11945 |
Jonathan Gruber
|
A Tax-Based Estimate of the Elasticity of Intertemporal Substitution |
| 2005 |
|
w11862 |
Adi Brender
Allan Drazen
|
How Do Budget Deficits and Economic Growth Affect Reelection Prospects? Evidence from a Large Cross-Section of Countries |
|
w11868 |
Farley Grubb
|
The Net Asset Position of the U.S. National Government, 1784-1802: Hamilton's Blessing or the Spoils of War? |
|
w11869 |
David B. Gordon
Eric M. Leeper
|
Are Countercyclical Fiscal Policies Counterproductive? |
|
w11874 |
Troy Davig
Eric M. Leeper
|
Generalizing the Taylor Principle |
|
w11854 |
Stephanie Schmitt-Grohe
Martin Uribe
|
Optimal Inflation Stabilization in a Medium-Scale Macroeconomic Model |
|
w11815 |
Jordi Gali
Tommaso Monacelli
|
Optimal Monetary and Fiscal Policy in a Currency Union |
|
w11787 |
Roberto Chang
Linda Kaltani
Norman Loayza
|
Openness Can be Good for Growth: The Role of Policy Complementarities |
|
w11792 |
Linda S. Goldberg
Michael W. Klein
|
Establishing Credibility: Evolving Perceptions of the European Central Bank |
|
w11700 |
Alberto Alesina
Nichola Fuchs Schuendeln
|
Good bye Lenin (or not?): The Effect of Communism on People's Preferences |
|
w11687 |
Hanno Lustig
Christopher Sleet
Sevin Yeltekin
|
Fiscal Hedging and the Yield Curve |
|
w11630 |
Benjamin M. Friedman
|
Deficits and Debt in the Short and Long Run |
|
w11646 |
Eric M. Leeper
Tack Yun
|
Monetary-Fiscal Policy Interactions and the Price Level: Background and Beyond |
|
w11655 |
Russell Cooper
Hubert Kempf
Dan Peled
|
Is It Is or Is It Ain't My Obligation? Regional Debt in a Fiscal Federation |
|
w11593 |
Francesco Giavazzi
Tullio Jappelli
Marco Pagano
Marina Benedetti
|
Searching for Non-Monotonic Effects of Fiscal Policy: New Evidence |
|
w11583 |
Hamid Faruqee
Douglas Laxton
Dirk Muir
Paolo Pesenti
|
Smooth Landing or Crash? Model-Based Scenarios of Global Current Account Rebalancing |
|
w11578 |
Jordi Galí
J. David López-Salido
Javier Vallés
|
Understanding the Effects of Government Spending on Consumption |
|
w11523 |
Andrew T. Levin
Alexei Onatski
John C. Williams
Noah Williams
|
Monetary Policy Under Uncertainty in Micro-Founded Macroeconometric Models |
|
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 |
|
w11208 |
Roland Benabou
Jean Tirole
|
Belief in a Just World and Redistributive Politics |
|
w11212 |
Troy Davig
Eric M. Leeper
|
Fluctuating Macro Policies and the Fiscal Theory |
|
w11185 |
Mikhail Golosov
Aleh Tsyvinski
|
Optimal Taxation with Endogenous Insurance Markets |
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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
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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 |
|
w11044 |
Juan Carlos Conesa
Dirk Krueger
|
On the Optimal Progressivity of the Income Tax Code |
|
w11055 |
Matthew B. Canzoneri
Robert E. Cumby
Behzad T. Diba
|
How Do Monetary and Fiscal Policy Interact in the European Monetary Union? |
|
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 |
|
w10938 |
James Harrigan
Kenneth Kuttner
|
Lost Decade in Translation: Did the US Learn from Japan's Post-Bubble Mistakes? |
|
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? |
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w10838 |
Pierpaolo Benigno
Michael Woodford
|
Inflation Stabilization and Welfare: The Case of a Distorted Steady State |
|
w10839 |
Pierpaolo Benigno
Michael Woodford
|
Optimal Stabilization Policy When Wages and Prices are Sticky: The Case of a Distorted Steady State |
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w10840 |
Gauti B. Eggertsson
Michael Woodford
|
Optimal Monetary and Fiscal Policy in a Liquidity Trap |
|
w10787 |
Alan S. Blinder
Alan B. Krueger
|
What Does the Public Know about Economic Policy, and How Does It Know It? |
|
w10792 |
Mikhail Golosov
Aleh Tsyvinski
|
Designing Optimal Disability Insurance: A Case for Asset Testing |
|
w10780 |
Graciela L. Kaminsky
Carmen M. Reinhart
Carlos A. Vegh
|
When it Rains, it Pours: Procyclical Capital Flows and Macroeconomic Policies |
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w10784 |
David S. Johnson
Jonathan A. Parker
Nicholas S. Souleles
|
Household Expenditure and the Income Tax Rebates of 2001 |
|
w10724 |
Stephanie Schmitt-Grohe
Martin Uribe
|
Optimal Operational Monetary Policy in the Christiano-Eichenbaum-Evans Model of the U.S. Business Cycle |
|
w10539 |
Adi Brender
Allan Drazen
|
Political Budget Cycles in New versus Established Democracies |
|
w10512 |
Hans Fehr
Sabine Jokisch
Laurence Kotlikoff
|
The Role of Immigration in Dealing with the Developed World's Demographic Transition |
|
w10532 |
Ricardo J. Caballero
Arvind Krishnamurthy
|
Fiscal Policy and Financial Depth |
|
w10495 |
William A. Brock
Steven N. Durlauf
|
Elements of a Theory of Design Limits to Optimal Policy |
|
w10443 |
Olivier Blanchard
Jean Tirole
|
The Optimal Design of Unemployment Insurance and Employment Protection. A First Pass |
|
w10415 |
Christopher L. House
Matthew D. Shapiro
|
Phased-In Tax Cuts and Economic Activity |
|
w10430 |
Martin Eichenbaum
Jonas Fisher
|
Fiscal Policy in the Aftermath of 9/11 |
|
w10390 |
Carlo A. Favero
Francesco Giavazzi
|
Inflation Targeting and Debt: Lessons from Brazil |
|
w10394 |
Francesco Giavazzi
Alessandro Missale
|
Public Debt Management in 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 |
|
w10239 |
Russell Cooper
Hubert Kempf
Dan Peled
|
Is it is or is it Ain't my Obligation? Regional Debt in Monetary Unions |
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w10246 |
Philippe Aghion
Philippe Bacchetta
Abhijit Banerjee
|
Financial Development and the Instability of Open Economies |
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w10253 |
Stephanie Schmitt-Grohe
Martin Uribe
|
Optimal Simple and Implementable Monetary and Fiscal Rules |
| 2003 |
|
w10170 |
Torsten Persson
|
Consequences of Constitutions |
|
w10149 |
Stephanie Schmitt-Grohe
Martin Uribe
|
Optimal Fiscal and Monetary Policy Under Imperfect Competition |
|
w10109 |
Susan Athey
Andrew Atkeson
Patrick Kehoe
|
The Optimal Degree of Discretion in Monetary Policy |
|
w10110 |
Willem Buiter
Anne C. Sibert
|
Cross-Border Tax Externalities: Are Budget Deficits Too Small? |
|
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 |
|
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? |
|
w9772 |
Craig Burnside
Martin Eichenbaum
Jonas Fisher
|
Fiscal Shocks and Their Consequences |
|
w9773 |
Jordi Gali
Roberto Perotti
|
Fiscal Policy and Monetary Integration in Europe |
|
w9623 |
Willem H. Buiter
|
Deflation: Prevention and Cure |
|
w9618 |
Joshua Aizenman
Reuven Glick
|
Military Expenditure, Threats, and Growth |
|
w9587 |
Andrew Leigh
Justin Wolfers
Eric Zitzewitz
|
What Do Financial Markets Think of War in Iraq? |
|
w9502 |
Alberto Alesina
George-Marios Angeletos
|
Fairness and Redistribution: U.S. versus Europe |
|
w9506 |
Eric M. Leeper
|
Fiscal Policy and Inflation: Pondering the Imponderables |
|
w9412 |
Kent A. Smetters
|
Trading with the Unborn: A New Perspective on Capital Income Taxation |
|
w9419 |
Marc P. Giannoni
Michael Woodford
|
Optimal Interest-Rate Rules: I. General Theory |
|
w9420 |
Marc P. Giannoni
Michael Woodford
|
Optimal Interest-Rate Rules: II. Applications |
| 2002 |
|
w9367 |
Robert Dekle
|
The Deteriorating Fiscal Situation and an Aging Population |
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w9340 |
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 |
|
w9220 |
Stephanie Schmitt-Grohe
Martin Uribe
|
Optimal Fiscal and Monetary Policy Under Sticky Prices |
|
w9221 |
Martin Uribe
|
A Fiscal Theory of Sovereign Risk |
|
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 |
|
w8930 |
Stanley Fischer
Ratna Sahay
Carlos A. Vegh
|
Modern Hyper- and High Inflations |
|
w8912 |
Stefania Albanesi
V.V. Chari
Lawrence J. Christiano
|
Expectation Traps and Monetary Policy |
|
w8903 |
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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w8785 |
Laurence Ball
Robert Tchaidze
|
The Fed and the New Economy |
| 2001 |
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w8672 |
Matthew D. Shapiro
Joel Slemrod
|
Consumer Response to Tax Rebates |
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w8622 |
Ellen R. McGrattan
Edward C. Prescott
|
The Stock Market Crash of 1929: Irving Fisher Was Right! |
|
w8289 |
Peter Blair Henry
|
Is Disinflation Good for the Stock Market? |
|
w8305 |
Michael M. Hutchison
|
A Cure Worse Than the Disease? Currency Crises and the Output Costs of IMF-Supported Stabilization Programs |
|
w8214 |
Torsten Persson
|
Do Political Institutions Shape Economic Policy? |
|
w8259 |
Kent Smetters
|
The Equivalence of the Social Security's Trust Fund Portfolio Allocation and Capital Income Tax Policy |
|
w8108 |
Price V. Fishback
William C. Horrace
Shawn Kantor
|
The Impact of New Deal Expenditures on Local Economic Activity: An Examination of Retail Sales, 1929-1939 |
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w8139 |
Stefania Albanesi
V.V. Chari
Lawrence J. Christiano
|
How Severe is the Time Inconsistency Problem in Monetary Policy? |
| 2000 |
|
w8033 |
Albert Ando
|
On the Japanese Economy and Japanese National Accounts |
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Douglas Holtz-Eakin
Mary E. Lovely
Mehmet S. Tosun
|
Generational Conflict, Human Capital Accumulation, and Economic Growth |
|
w6767 |
Gerardo della Paolera
Alan M. Taylor
|
Economic Recovery from the Argentine Great Depression: Institutions, Expectations, and the Change of Macroeconomic Regime |
|
w7662 |
Alan J. Auerbach
Daniel Feenberg
|
The Significance of Federal Taxes as Automatic Stabilizers |
|
w7558 |
Austan Goolsbee
|
The Importance of Measurement Error in the Cost of Capital |
|
w7459 |
Craig Burnside
Martin Eichenbaum
Jonas D.M. Fisher
|
Assessing the Effects of Fiscal Shocks |
|
w7460 |
Francesco Giavazzi
Tullio Jappelli
Marco Pagano
|
Searching for Non-Linear Effects of Fiscal Policy: Evidence from Industrial and Developing Countries |
| 1999 |
|
w7393 |
Bennett T. McCallum
|
Theoretical Issues Pertaining to Monetary Unions |
|
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Alan M. Taylor
|
Latin America and Foreign Capital in the Twentieth Century: Economics, Politics, and Institutional Change |
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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 |
|
w6283 |
Valerie A. Ramey
Matthew D. Shapiro
|
Costly Capital Reallocation and the Effects of Government Spending |
|
w7088 |
Bennett T. McCallum
|
Recent Developments in Monetary Policy Analysis: The Roles of Theory and Evidence |
|
w7097 |
Torsten Persson
Guido Tabellini
|
Political Economics and Public Finance |
|
w7103 |
Peter Diamond
Jean Geanakoplos
|
Social Security Investment in Equities I: Linear Case |
|
w6991 |
Andrew B. Abel
|
The Social Security Trust Fund, the Riskless Interest Rate, and Capital Accumulation |
|
w7036 |
Alan J. Auerbach
Kevin A. Hassett
|
Uncertainty and the Design of Long-Run Fiscal Policy |
|
w6925 |
Guillermo A. Calvo
Carlos A. Vegh
|
Inflation Stabilization and BOP Crises in Developing Countries |
|
w6948 |
Christina D. Romer
|
Changes in Business Cycles: Evidence and Explanations |
| 1998 |
|
w6848 |
Torsten Persson
Guido Tabellini
|
The Size and Scope of Government: Comparative Politics with Rational Politicians |
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w6731 |
Austan Goolsbee
|
Taxes and the Quality of Capital |
|
w6693 |
A. Lans Bovenberg
Johan J. Graafland
Ruud A. de Mooij
|
Tax Reform and the Dutch Labor Market: An Applied General Equilibrium Approach |
|
w6555 |
William H. Branson
Jorge Braga de Macedo
Jurgen von Hagen
|
Macroeconomic Policy and Institutions During the Transition to European Union Membership |
|
w6522 |
Willem H. Buiter
|
Notes on "A Code for Fiscal Stability" |
|
w6456 |
Bennett T. McCallum
|
Indeterminacy, Bubbles, and the Fiscal Theory of Price Level Determination |
|
w6470 |
Douglas W. Elmendorf
N. Gregory Mankiw
|
Government Debt |
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w6372 |
Adriana Arreaza
Bent E. Sorensen
Oved Yosha
|
Consumption Smoothing through Fiscal Policy in OECD and EU Countries |
| 1997 |
|
w6329 |
Torsten Persson
Guido Tabellini
|
Political Economics and Macroeconomic Policy |
|
w6336 |
Andres Velasco
|
A Model of Endogenous Fiscal Deficits and Delayed Fiscal Reforms |
|
w6189 |
Patrick K. Asea
Stephen J. Turnovsky
|
Capital Income Taxation and Risk-Taking in a Small Open Economy |
|
w6192 |
Austan Goolsbee
|
Investment Tax Incentives, Prices, and the Supply of Capital Goods |
|
w6197 |
Robert J. Barro
|
Optimal Management of Indexed and Nominal Debt |
|
w6046 |
Darrel Cohen
Kevin A. Hassett
R. Glenn Hubbard
|
Inflation and the User Cost of Capital: Does Inflation Still Matter? |
|
w6048 |
Jerome Adda
Russell Cooper
|
Balladurette and Juppette: A Discrete Analysis of Scrapping Subsidies |
|
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Mark Gertler
|
Government Debt and Social Security in a Life-Cycle Economy |
|
w5954 |
Casey B. Mulligan
Xavier X. Sala-i-Martin
|
The Optimum Quantity of Money: Theory and Evidence |
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w5892 |
Allan Drazen
|
Policy Signaling in the Open Economy: A Re-Examination |
| 1996 |
|
w5851 |
Giancarlo Corsetti
Nouriel Roubini
|
Optimal Government Spending and Taxation in Endgenous Growth Models |
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w5817 |
Bengt Holmstrom
Jean Tirole
|
Private and Public Supply of Liquidity |
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w5730 |
Alberto Alesina
Roberto Perotti
|
Fiscal Adjustments in OECD Countries: Composition and Macroeconomic Effects |
|
w5611 |
J. Bradford De Long
|
Keynesianism, Pennsylvania Avenue Style: Some Economic Consequences of the Employment Act of 1946 |
|
w5573 |
Rudi Dornbusch
|
Debt and Monetary Policy: The Policy Issues |
|
w5583 |
Roland Benabou
|
Unequal Societies |
|
w5541 |
V. V. Chari
Lawrence J. Christiano
Martin Eichenbaum
|
Expectation Traps and Discretion |
|
w5550 |
James M. Poterba
|
Do Budget Rules Work? |
|
w5477 |
Douglas Staiger
James H. Stock
Mark W. Watson
|
How Precise are Estimates of the Natural Rate of Unemployment? |
|
w5486 |
Harold L. Cole
Patrick J. Kehoe
|
Reputation Spillover Across Relationships with Enduring and Transient Beliefs: Reviving reputation Models of Debt |
|
w5502 |
Robert J. Barro
|
Reflections on Ricardian Equivalence |
|
w5512 |
Olivia S. Mitchell
Stephen P. Zeldes
|
"Social Security Privatization: A Structure for Analysis" |
|
w5517 |
Barry Eichengreen
Jurgen von Hagen
|
Fiscal Policy and Monetary Union: Is There a Tradeoff between Federalism and Budgetary Restrictions? |
|
w5469 |
Martin Feldstein
|
The Costs and Benefits of Going from Low Inflation to Price Stability |
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w5447 |
Gene M. Grossman
Elhanan Helpman
|
Intergenerational Redistribution with Short-Lived Governments |
| 1995 |
|
w5338 |
Joshua Aizenman
Ricardo Hausmann
|
The Impact of Inflation on Budgetary Discipline |
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Gian Maria Milesi-Ferrett
Nouriel Roubini
|
Growth Effects of Income and Consumption Taxes: Positive and Normative Analysis |
|
w5327 |
Robert J. Barro
|
Optimal Debt Management |
|
w5205 |
Larry E. Jones
Rodolfo E. Manuelli
|
A Positive Model of Growth and Pollution Controls |
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w5171 |
Andrew A. Samwick
|
Tax Shelters and Passive Losses After the Tax Reform Act of 1986 |
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w5189 |
Alan J. Auerbach
Kevin Hassett
Jan Sodersten
|
Taxation and Corporate Investment: The Impact of the 1991 Swedish Tax Reform |
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w5117 |
A. Lans Bovenberg
Lawrence H. Goulder
|
Costs of Environmentally Motivated Taxes in the Presence of Other Taxes:General Equilibrium Analyses |
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w5120 |
Willem H. Buiter
Kenneth M. Kletzer
|
Capital Mobility, Fiscal Policy and Growth under Self-Financing of Human Capital Formation |
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w5086 |
Enrique G. Mendoza
Linda L. Tesar
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Supply-Side Economics in a Global Economy |
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w5087 |
Willem H. Buiter
|
Generational Accounts, Aggregate Saving and Intergenerational Distribution |
| 1994 |
|
w4881 |
Nouriel Roubini
Gian Maria Milesi-Ferrett
|
Taxation and Endogenous Growth in Open Economies |
|
w4882 |
Nouriel Roubini
Gian Maria Milesi-Ferrett
|
Optimal Taxation of Human and Physical Capital in Endogenous Capital Models |
|
w4889 |
Mark Hooker
Michael Knetter
|
Unemployment Effects of Military Spending: Evidence from a Panel of States |
|
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 |
|
w4824 |
Douglas Holtz-Eakin
Amy Ellen Schwartz
|
Infrastructure in a Structural Model of Economic Growth |
|
w4839 |
Aaron Tornell
Philip Lane
|
Are Windfalls a Curse? A Non-Representative Agent Model of the Current Account and Fiscal Policy |
|
w4761 |
Eric M. Leeper
Christopher A. Sims
|
Toward a Modern Macroeconomic Model Usable for Policy Analysis |
|
w4768 |
Ricardo J. Caballero
Mohamad L. Hammour
|
On the Timing and Efficiency of Creative Destruction |
|
w4694 |
Alessandra Casella
Barry Eichengreen
|
Can Foreign Aid Accelerate Stabilization? |
|
w4709 |
Alan J. Auerbach
|
The U.S. Fiscal Problem: Where We Are, How We Got Here and Where We're Going |
|
w4719 |
Andrew Atkeson
Christopher Phelan
|
Reconsidering the Costs of Business Cycles with Incomplete Markets |
|
w4681 |
William Easterly
Robert King
Ross Levine
Sergio Rebelo
|
Policy, Technology Adoption, and Growth |
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w4636 |
Frederic S. Mishkin
|
Preventing Financial Crises: An International Perspective |
| 1993 |
|
w4499 |
William Easterly
Sergio Rebelo
|
Fiscal Policy and Economic Growth: An Empirical Investigation |
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w4448 |
Allan Drazen
Paul R. Masson
|
Credibility of Policies versus Credibility of Policymakers |
|
w4333 |
Raquel Fernandez
Richard Rogerson
|
Keeping People Out: Income Distribution, Zoning and the Quality of Public Education |
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w4337 |
Holger C. Wolf
|
Anti-Tax Revolutions and Symbolic Prosecutions |
| 1992 |
|
w4220 |
Willem H. Buiter
Kenneth M. Kletzer
|
Permanent International Productivity Growth Differentials in an Integrated Global Economy |
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w4158 |
Raquel Fernandez
Richard Rogerson
|
Income Distribution, Communities and the Quality of Public Education: A Policy Analysis |
|
w4172 |
Michael Dooley
Mark R. Stone
|
Endogenous Creditor Seniority and External Debt Values |
|
w4144 |
Douglas Holtz-Eakin
|
Solow and the States: Capital Accumulation, Productivity and Economic Growth |
|
w4122 |
Douglas Holtz-Eakin
|
Public-Sector Capital and the Productivity Puzzle |
|
w4022 |
Benjamin M. Friedman
|
Learning From the Reagan Deficits |
|
w3966 |
Martin Feldstein
|
The Budget and Trade Deficits Aren't Really Twins |
|
w3968 |
Alberto Alesina
Philippe Weil
|
Menus of Linear Income Tax Schedules |
| 1991 |
|
w3830 |
Alberto Alesina
Gerald D. Cohen
Nouriel Roubini
|
Macroeconomic Policy and Elections in OECD Democracies |
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Giuseppe Bertola
Allan Drazen
|
Trigger Points and Budget Cuts: Explaining the Effects of Fiscal Austerity |
|
w3852 |
Alessandra Casella
Barry Eichengreen
|
Halting Inflation in Italy and France After World War II |
|
w3753 |
David Altig
Steve J. Davis
|
The Timing of Intergenerational Transfers, Tax Policy, and Aggregate Savings |
