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Forward Guidance |
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Francesco D’Acunto Daniel Hoang Michael Weber
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Unconventional Fiscal Policy |
2017 |
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2016 |
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2015 |
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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 |
w19470 |
Anmol Bhandari David Evans Mikhail Golosov Thomas J. Sargent
|
Taxes, Debts, and Redistributions with Aggregate Shocks |
w19476 |
John H. Cochrane
|
The New-Keynesian Liquidity Trap |
w19477 |
Pablo D'Erasmo Enrique G. Mendoza
|
Distributional Incentives in an Equilibrium Model of Domestic Sovereign Default |
w19425 |
Anton Cheremukhin Mikhail Golosov Sergei Guriev Aleh Tsyvinski
|
Was Stalin Necessary for Russia's Economic Development? |
w19431 |
Gary Hansen Selo Imrohoroglu
|
Fiscal Reform and Government Debt in Japan: A Neoclassical Perspective |
w19414 |
Òscar Jordà Alan M. Taylor
|
The Time for Austerity: Estimating the Average Treatment Effect of Fiscal Policy |
w19355 |
Joshua D. Angrist Òscar Jordà Guido Kuersteiner
|
Semiparametric Estimates of Monetary Policy Effects: String Theory Revisited |
w19368 |
Michael Woodford
|
Macroeconomic Analysis without the Rational Expectations Hypothesis |
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 |
w19288 |
Ricardo Reis
|
The Portuguese Slump and Crash and the Euro Crisis |
w19292 |
Gary B. Gorton Andrew Metrick
|
The Federal Reserve and Financial Regulation: The First Hundred Years |
w19296 |
Marco Bassetto Marco Cagetti Mariacristina De Nardi
|
Credit Crunches and Credit Allocation in a Model of Entrepreneurship |
w19297 |
David Greenlaw James D. Hamilton Peter Hooper Frederic S. Mishkin
|
Crunch Time: Fiscal Crises and the Role of Monetary Policy |
w19228 |
Guido Lorenzoni Ivan Werning
|
Slow Moving Debt Crises |
w19235 |
Florian Scheuer
|
Entrepreneurial Taxation with Endogenous Entry |
w19205 |
Yothin Jinjarak Ilan Noy Huanhuan Zheng
|
Capital Controls in Brazil - Stemming a Tide with a Signal? |
w19171 |
Karel Mertens José L. Montiel Olea
|
Marginal Tax Rates and Income: New Time Series Evidence |
w19192 |
V.V. Chari Patrick J. Kehoe
|
Bailouts, Time Inconsistency, and Optimal Regulation |
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 |
w18864 |
Marco Bassetto Christopher Phelan
|
Speculative Runs on Interest Rate Pegs |
w18877 |
Eric M. Leeper
|
Fiscal Limits and Monetary Policy |
w18826 |
Pascal Michaillat Emmanuel Saez
|
Aggregate Demand, Idle Time, and Unemployment |
w18800 |
George-Marios Angeletos Fabrice Collard Harris Dellas Behzad Diba
|
Optimal Public Debt Management and Liquidity Provision |
w18814 |
Christopher M. Meissner
|
Capital Flows, Credit Booms, and Financial Crises in the Classical Gold Standard Era |
w18779 |
Olivier J. Blanchard Daniel Leigh
|
Growth Forecast Errors and Fiscal Multipliers |
w18797 |
Robert E. Hall
|
Fiscal Stability of High-Debt Nations under Volatile Economic Conditions |
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? |
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 |
w18578 |
Alan J. Auerbach Yuriy Gorodnichenko
|
Output Spillovers from Fiscal Policy |
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 |
w18489 |
Robert Novy-Marx Joshua D. Rauh
|
The Revenue Demands of Public Employee Pension Promises |
w18497 |
Daniel Riera-Crichton Carlos A. Vegh Guillermo Vuletin
|
Tax Multipliers: Pitfalls in Measurement and Identification |
w18421 |
Roger E.A. Farmer
|
Qualitative Easing: How it Works and Why it Matters |
w18377 |
Russell Cooper
|
Debt Fragility and Bailouts |
w18380 |
C. Bora Durdu Enrique G. Mendoza Marco E. Terrones
|
On the Solvency of Nations: Cross-Country Evidence on the Dynamics of External Adjustment |
w18381 |
Emmanuel Farhi Iván Werning
|
Fiscal Multipliers: Liquidity Traps and Currency Unions |
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 |
w18315 |
Robert J. Gordon
|
Is U.S. Economic Growth Over? Faltering Innovation Confronts the Six Headwinds |
w18336 |
Alberto Alesina Carlo Favero Francesco Giavazzi
|
The Output Effect of Fiscal Consolidations |
w18287 |
Takeo Hoshi Takatoshi Ito
|
Defying Gravity: How Long Will Japanese Government Bond Prices Remain High? |
w18290 |
Alan M. Taylor
|
The Great Leveraging |
w18280 |
Ivan Werning Emmanuel Farhi
|
Fiscal Unions |
w18217 |
Zhiguo He Péter Kondor
|
Inefficient Investment Waves |
w18228 |
Casey Rothschild Florian Scheuer
|
Redistributive Taxation in the Roy Model |
w18142 |
Miles S. Kimball
|
"Getting the Biggest Bang for the Buck in Fiscal Policy" |
w18149 |
Mark Bils Peter J. Klenow Benjamin A. Malin
|
Testing for Keynesian Labor Demand |
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 |
w18031 |
Stephanie Schmitt-Grohe Martin Uribe
|
Prudential Policy for Peggers |
w18034 |
Eric W. Bond Mario J. Crucini Tristan Potter Joel Rodrigue
|
Misallocation and Productivity Effects of the Smoot-Hawley Tariff |
w18042 |
Sylvain Leduc Daniel Wilson
|
Roads to Prosperity or Bridges to Nowhere? Theory and Evidence on the Impact of Public Infrastructure Investment |
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 |
w17881 |
Pïerre Cahuc Stephane Carcillo
|
Can Public Sector Wage Bills Be Reduced? |
w17884 |
Charles Wyplosz
|
Fiscal Rules: Theoretical Issues and Historical Experiences |
w17860 |
Christina D. Romer David H. Romer
|
The Incentive Effects of Marginal Tax Rates: Evidence from the Interwar Era |
w17862 |
Mathias Trabandt Harald Uhlig
|
How Do Laffer Curves Differ Across Countries? |
w17844 |
Huixin Bi Eric M. Leeper Campbell B. Leith
|
Uncertain Fiscal Consolidations |
w17836 |
Laurence M. Ball
|
Ben Bernanke and the Zero Bound |
w17837 |
Francesco Giavazzi Michael McMahon
|
The Households Effects of Government Consumption |
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 |
w17619 |
Jeffrey A. Frankel Carlos A. Végh Guillermo Vuletin
|
On Graduation from Fiscal Procyclicality |
w17622 |
Fatih Guvenen
|
Macroeconomics With Heterogeneity: A Practical Guide |
w17626 |
Hans-Werner Sinn Timo Wollmershaeuser
|
Target Loans, Current Account Balances and Capital Flows: The ECB's Rescue Facility |
w17562 |
Marco Battaglini Stephen Coate
|
Fiscal Policy and Unemployment |
w17571 |
Roberto Perotti
|
The "Austerity Myth": Gain Without Pain? |
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 |
w17444 |
Eric M. Leeper Nora Traum Todd B. Walker
|
Clearing Up the Fiscal Multiplier Morass |
w17447 |
Alan J. Auerbach Yuriy Gorodnichenko
|
Fiscal Multipliers in Recession and Expansion |
w17457 |
Mark A. Aguiar Manuel Amador
|
Fiscal Policy in Debt Constrained Economies |
w17427 |
Joshua Aizenman Yothin Jinjarak
|
The Fiscal Stimulus of 2009-10: Trade Openness, Fiscal Space and Exchange Rate Adjustment |
w17431 |
Gilles St. Paul
|
Toward a Political Economy of Macroeconomic Thinking |
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 |
w17315 |
Gene Amromin Jennifer Huang Clemens Sialm Edward Zhong
|
Complex Mortgages |
w17305 |
Takero Doi Takeo Hoshi Tatsuyoshi Okimoto
|
Japanese Government Debt and Sustainability of Fiscal Policy |
w17309 |
Rafael Di Tella Juan Dubra
|
Free to Punish? The American Dream and the Harsh Treatment of Criminals |
w17319 |
Sanjay K. Chugh Fabio Ghironi
|
Optimal Fiscal Policy with Endogenous Product Variety |
w17272 |
Carlo Favero Francesco Giavazzi Jacopo Perego
|
Country Heterogeneity and the International Evidence on the Effects of Fiscal Policy |
w17230 |
Ruediger Bachmann Jinhui Bai
|
Public Consumption Over the Business Cycle |
w17239 |
Jeffrey A. Frankel
|
Over-optimism in Forecasts by Official Budget Agencies and Its Implications |
w17240 |
Jonathan A. Parker
|
On Measuring the Effects of Fiscal Policy in Recessions |
w17142 |
Lawrence Christiano Daisuke Ikeda
|
Government Policy, Credit Markets and Economic Activity |
w17111 |
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 |
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 |
w16891 |
Betsey Stevenson Justin Wolfers
|
Trust in Public Institutions over the Business Cycle |
w16893 |
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 |
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? |
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 |
w16644 |
Roger E.A. Farmer Dmitry Plotnikov
|
Does Fiscal Policy Matter? Blinder and Solow Revisited |
w16645 |
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 |
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 |
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 |
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 |
w10848 |
Willem H. Buiter
|
The Elusive Welfare Economics of Price Stability as a Monetary Policy Objective: Should New Keynesian Central Bankers Pursue Price Stability? |
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 |
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 |
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 |
w10246 |
Philippe Aghion Philippe Bacchetta Abhijit Banerjee
|
Financial Development and the Instability of Open Economies |
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 |
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 |
w8785 |
Laurence Ball Robert Tchaidze
|
The Fed and the New Economy |
2001 |
w8672 |
Matthew D. Shapiro Joel Slemrod
|
Consumer Response to Tax Rebates |
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 |
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 |
w7762 |
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 |
w7394 |
Alan M. Taylor
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Latin America and Foreign Capital in the Twentieth Century: Economics, Politics, and Institutional Change |
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
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The Size and Scope of Government: Comparative Politics with Rational Politicians |
w6731 |
Austan Goolsbee
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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 |
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 |
w6000 |
Mark Gertler
|
Government Debt and Social Security in a Life-Cycle Economy |
w5954 |
Casey B. Mulligan Xavier X. Sala-i-Martin
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The Optimum Quantity of Money: Theory and Evidence |
w5892 |
Allan Drazen
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Policy Signaling in the Open Economy: A Re-Examination |
1996 |
w5851 |
Giancarlo Corsetti Nouriel Roubini
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Optimal Government Spending and Taxation in Endgenous Growth Models |
w5817 |
Bengt Holmstrom Jean Tirole
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Private and Public Supply of Liquidity |
w5730 |
Alberto Alesina Roberto Perotti
|
Fiscal Adjustments in OECD Countries: Composition and Macroeconomic Effects |
w5611 |
J. Bradford De Long
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Keynesianism, Pennsylvania Avenue Style: Some Economic Consequences of the Employment Act of 1946 |
w5573 |
Rudi Dornbusch
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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
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The Costs and Benefits of Going from Low Inflation to Price Stability |
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 |
w5317 |
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 |
w5171 |
Andrew A. Samwick
|
Tax Shelters and Passive Losses After the Tax Reform Act of 1986 |
w5189 |
Alan J. Auerbach Kevin Hassett Jan Sodersten
|
Taxation and Corporate Investment: The Impact of the 1991 Swedish Tax Reform |
w5117 |
A. Lans Bovenberg Lawrence H. Goulder
|
Costs of Environmentally Motivated Taxes in the Presence of Other Taxes:General Equilibrium Analyses |
w5120 |
Willem H. Buiter Kenneth M. Kletzer
|
Capital Mobility, Fiscal Policy and Growth under Self-Financing of Human Capital Formation |
w5086 |
Enrique G. Mendoza Linda L. Tesar
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Supply-Side Economics in a Global Economy |
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 |
w4636 |
Frederic S. Mishkin
|
Preventing Financial Crises: An International Perspective |
1993 |
w4499 |
William Easterly Sergio Rebelo
|
Fiscal Policy and Economic Growth: An Empirical Investigation |
w4448 |
Allan Drazen Paul R. Masson
|
Credibility of Policies versus Credibility of Policymakers |
w4333 |
Raquel Fernandez Richard Rogerson
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Keeping People Out: Income Distribution, Zoning and the Quality of Public Education |
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 |
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
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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 |
w3844 |
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 |