NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

NBER Papers in Economic Fluctuations and Growth


2012
w17836 Laurence M. Ball
Ben Bernanke and the Zero Bound

w17831 Atif R. Mian
Amir Sufi
Francesco Trebbi

Resolving Debt Overhang: Political Constraints in the Aftermath of Financial Crises

w17830 Atif R. Mian
Amir Sufi

What explains high unemployment? The aggregate demand channel

w17822 Shekhar Aiyar
Charles W. Calomiris
Tomasz Wieladek

Does Macro-Pru Leak? Evidence from a UK Policy Experiment

w17814 Johannes F. Schmieder
Till M. von Wachter
Stefan Bender

The Long-Term Effects of Unemployment Insurance Extensions on Employment

w17813 Johannes F. Schmieder
Till M. von Wachter
Stefan Bender

The Effects of Extended Unemployment Insurance over the Business Cycle: Evidence from Regression Discontinuity Estimates Over Twenty Years

w17794 Nathan Nunn
Nancy Qian

Aiding Conflict: The Impact of U.S. Food Aid on Civil War

w17791 Daniel F. Waggoner
Tao Zha

Confronting Model Misspecification in Macroeconomics

w17787 Valerie A. Ramey
Government Spending and Private Activity

w17782 Steven J. Davis
R. Jason Faberman
John C. Haltiwanger

Recruiting Intensity during and after the Great Recession: National and Industry Evidence

w17780 Joon-Ho Hahm
Frederic S. Mishkin
Hyun Song Shin
Kwanho Shin

Macroprudential Policies in Open Emerging Economies

w17779 Per Krusell
Toshihiko Mukoyama
Richard Rogerson
Ayşegül Şahin

Is Labor Supply Important for Business Cycles?

w17775 Francisco J. Buera
Benjamin Moll

Aggregate Implications of a Credit Crunch

w17767 Ariel Burstein
Javier Cravino

Measured Aggregate Gains from International Trade

w17769 Leonid Kogan
Dimitris Papanikolaou
Amit Seru
Noah Stoffman

Technological Innovation, Resource Allocation, and Growth

w17759 James D. Hamilton
Oil Prices, Exhaustible Resources, and Economic Growth

w17757 John Hassler
Per Krusell

Economics and Climate Change: Integrated Assessment in a Multi-Region World

w17746 Guido Menzio
Irina A. Telyukova
Ludo Visschers

Directed Search over the Life Cycle

w17742 Lars-Alexander Kuehn
Nicolas Petrosky-Nadeau
Lu Zhang

An Equilibrium Asset Pricing Model with Labor Market Search

w17735 Jeremy Greenwood
Nezih Guner
Georgi Kocharkov
Cezar Santos

Technology and the Changing Family: A Unified Model of Marriage, Divorce, Educational Attainment and Married Female Labor-Force Participation

w17723 Tim Landvoigt
Monika Piazzesi
Martin Schneider

The Housing Market(s) of San Diego


2011
w17717 Gregor Matvos
Amit Seru

Resource Allocation within Firms and Financial Market Dislocation: Evidence from Diversified Conglomerates

w17714 Tom Krebs
Moritz Kuhn
Mark L. J. Wright

Human Capital Risk, Contract Enforcement, and the Macroeconomy

w17701 William R. Kerr
Income Inequality and Social Preferences for Redistribution and Compensation Differentials

w17700 Timothy J. Kehoe
Felipe Meza

Catch-up Growth Followed by Stagnation: Mexico, 1950–2010

w17688 Mariacristina De Nardi
Eric French
David Benson

Consumption and the Great Recession

w17686 Eric van Wincoop
International Contagion Through Leveraged Financial Institutions

w17672 Matthias Doepke
Michèle Tertilt
Alessandra Voena

The Economics and Politics of Women's Rights

w17666 Kristopher Gerardi
Lauren Lambie-Hanson
Paul S. Willen

Do Borrower Rights Improve Borrower Outcomes? Evidence from the Foreclosure Process

w17662 Emmanuel Farhi
Gita Gopinath
Oleg Itskhoki

Fiscal Devaluations

w17659 Rui Castro
Gian Luca Clementi
Yoonsoo Lee

Cross-Sectoral Variation in The Volatility of Plant-Level Idiosyncratic Shocks

w17656 Francesco Caselli
Antonio Ciccone

A Note on Schooling in Development Accounting

w17654 Casey B. Mulligan
The Expanding Social Safety Net

w17651 Paul Beaudry
Deokwoo Nam
Jian Wang

Do Mood Swings Drive Business Cycles and is it Rational?

w17642 Mikhail Golosov
Maxim Troshkin
Aleh Tsyvinski

Optimal Dynamic Taxes

w17641 Maurice Obstfeld
The International Monetary System: Living with Asymmetry

w17640 Quamrul Ashraf
Oded Galor

Cultural Diversity, Geographical Isolation, and the Origin of the Wealth of Nations

w17638 Steven J. Davis
Till M. von Wachter

Recessions and the Cost of Job Loss

w17622 Fatih Guvenen
Macroeconomics With Heterogeneity: A Practical Guide

w17620 Stelios Michalopoulos
Elias Papaioannou

The Long-Run Effects of the Scramble for Africa

w17617 Martin S. Feldstein
The Euro and European Economic Conditions

w17607 Orley C. Ashenfelter
Economic History or History of Economics? A Review Essay on Sylvia Nasar’s Grand Pursuit: the Story of Economic Genius

w17601 Francesco Caselli
Andrea Tesei

Resource Windfalls, Political Regimes, and Political Stability

w17600 John Cawley
Asako S. Moriya
Kosali I. Simon

The Impact of the Macroeconomy on Health Insurance Coverage: Evidence from the Great Recession

w17594 Gita Gopinath
Oleg Itskhoki
Brent Neiman

Trade Prices and the Global Trade Collapse of 2008-2009

w17584 Casey B. Mulligan
Rising Labor Productivity during the 2008-9 Recession

w17583 Veronica Guerrieri
Guido Lorenzoni

Credit Crises, Precautionary Savings, and the Liquidity Trap

w17525 George-Marios Angeletos
Jennifer La'O

Optimal Monetary Policy with Informational Frictions

w17575 Ravi Bansal
Marcelo Ochoa

Temperature, Aggregate Risk, and Expected Returns

w17574 Ravi Bansal
Marcelo Ochoa

Welfare Costs of Long-Run Temperature Shifts

w17571 Roberto Perotti
The "Austerity Myth": Gain Without Pain?

w17566 Fernando E. Alvarez
Francesco Lippi

Persistent Liquidity Effects and Long Run Money Demand

w17564 Ian Martin
The Forward Premium Puzzle in a Two-Country World

w17563 Ian Martin
The Lucas Orchard

w17562 Marco Battaglini
Stephen Coate

Fiscal Policy and Unemployment

w17560 Nicolas Coeurdacier
Pierre-Olivier Gourinchas

When Bonds Matter: Home Bias in Goods and Assets

w17555 Arvind Krishnamurthy
Annette Vissing-Jorgensen

The Effects of Quantitative Easing on Interest Rates: Channels and Implications for Policy

w17553 Costas Arkolakis
A Unified Theory of Firm Selection and Growth

w17552 Guido Sandleris
Mark L.J. Wright

The Costs of Financial Crises: Resource Misallocation, Productivity and Welfare in the 2001 Argentine Crisis

w17551 Daniel A. Dias
Christine J. Richmond
Mark L.J. Wright

The Stock of External Sovereign Debt: Can We Take the Data At ‘Face Value’?

w17548 Elias Albagli
Christian Hellwig
Aleh Tsyvinski

A Theory of Asset Pricing Based on Heterogeneous Information

w17547 Alan L. Gustman
Thomas L. Steinmeier
Nahid Tabatabai

How Did the Recession of 2007-2009 Affect the Wealth and Retirement of the Near Retirement Age Population in the Health and Retirement Study?

w17546 Dani Rodrik
Unconditional Convergence

w17544 Aaron Weisbrod
John Whalley

The Contribution of Chinese FDI to Africa’s Pre Crisis Growth Surge

w17543 Jesús Fernández-Villaverde
Pablo A. Guerrón-Quintana
Juan Rubio-Ramírez

Supply-Side Policies and the Zero Lower Bound

w17542 Viral V. Acharya
Raghuram G. Rajan

Sovereign Debt, Government Myopia, and the Financial Sector

w17537 Karsten Jeske
Dirk Krueger
Kurt Mitman

Housing and the Macroeconomy: The Role of Bailout Guarantees for Government Sponsored Enterprises

w17536 James M. Poterba
Steven F. Venti
David A. Wise

The Composition and Draw-down of Wealth in Retirement

w17534 Jesse Rothstein
Unemployment Insurance and Job Search in the Great Recession

w17520 Allen Head
Lucy Qian Liu
Guido Menzio
Randall Wright

Sticky Prices: A New Monetarist Approach

w17518 Todd A. Gormley
Simon Johnson
Changyong Rhee

Ending "Too Big To Fail": Government Promises vs. Investor Perceptions

w17512 Jonathan Chiu
Cesaire Meh
Randall Wright

Innovation and Growth with Financial, and other, Frictions

w17511 Yuet-Yee Wong
Randall Wright

Buyers, Sellers and Middlemen: Variations on Search-Theoretic Themes

w17510 Chao Gu
Randall Wright

Endogenous Credit Cycles

w17508 Raquel Fernández
Joyce Cheng Wong

The Disappearing Gender Gap: The Impact of Divorce, Wages, and Preferences on Education Choices and Women's Work

w17500 Yiting Li
Guillaume Rocheteau
Pierre-Olivier Weill

Liquidity and the Threat of Fraudulent Assets

w17495 Robert E. Lucas
Jr.
Benjamin Moll

Knowledge Growth and the Allocation of Time

w17493 Andrew Atkeson
Ariel T. Burstein

Aggregate Implications of Innovation Policy

w17490 Francis X. Diebold
Kamil Yilmaz

On the Network Topology of Variance Decompositions: Measuring the Connectedness of Financial Firms

w17489 Florin O. Bilbiie
Ippei Fujiwara
Fabio Ghironi

Optimal Monetary Policy with Endogenous Entry and Product Variety

w17487 Benjamin F. Jones
The Human Capital Stock: A Generalized Approach

w17479 Roger E.A. Farmer
The Stock Market Crash of 2008 Caused the Great Recession: Theory and Evidence

w17454 Tobias Adrian
Markus K. Brunnermeier

CoVaR

w17468 Efraim Benmelech
Eyal Dvir

Does Short-Term Debt Increase Vulnerability to Crisis? Evidence from the East Asian Financial Crisis

w17464 Lubos Pastor
Pietro Veronesi

Political Uncertainty and Risk Premia

w17457 Mark A. Aguiar
Manuel Amador

Fiscal Policy in Debt Constrained Economies

w17448 Igor Livshits
James MacGee
Michèle Tertilt

Costly Contracts and Consumer Credit

w17447 Alan J. Auerbach
Yuriy Gorodnichenko

Fiscal Multipliers in Recession and Expansion

w17445 Casey B. Mulligan
Means-Tested Subsidies and Economic Performance Since 2007

w17444 Eric M. Leeper
Nora Traum
Todd B. Walker

Clearing Up the Fiscal Multiplier Morass

w17433 Gianmarco I.P. Ottaviano
Firm Heterogeneity, Endogenous Entry, and the Business Cycle

w17430 Michael P. Keane
Richard Rogerson

Reconciling Micro and Macro Labor Supply Elasticities: A Structural Perspective

w17429 Alejandro Justiniano
Claudio Michelacci

The Cyclical Behavior of Equilibrium Unemployment and Vacancies in the US and Europe

w17424 Yuriy Gorodnichenko
Anna Mikusheva
Serena Ng

Estimators for Persistent and Possibly Non-Stationary Data with Classical Properties

w17421 S. Boragan Aruoba
Francis X. Diebold
Jeremy Nalewaik
Frank Schorfheide
Dongho Song

Improving GDP Measurement: A Forecast Combination Perspective

w17420 Lee E. Ohanian
Andrea Raffo

Aggregate Hours Worked in OECD Countries: New Measurement and Implications for Business Cycles

w17418 Kenneth L. Judd
Lilia Maliar
Serguei Maliar

How to Solve Dynamic Stochastic Models Computing Expectations Just Once

w17416 Jules H. van Binsbergen
Wouter Hueskes
Ralph Koijen
Evert B. Vrugt

Equity Yields

w17406 Gregory J. Colman
Dhaval M. Dave

Exercise, Physical Activity, and Exertion over the Business Cycle

w17400 Dani Rodrik
The Future of Economic Convergence

w17399 Steven J. Davis
John C. Haltiwanger
Ron S. Jarmin
Josh Lerner
Javier Miranda

Private Equity and Employment

w17398 Benjamin A. Olken
Rohini Pande

Corruption in Developing Countries

w17391 Emi Nakamura
Jón Steinsson

Fiscal Stimulus in a Monetary Union: Evidence from U.S. Regions

w17389 Tommaso Monacelli
Vincenzo Quadrini
Antonella Trigari

Financial Markets and Unemployment

w17377 Quamrul H. Ashraf
David N. Weil
Joshua Wilde

The Effect of Interventions to Reduce Fertility on Economic Growth

w17348 Mikhail Golosov
John Hassler
Per Krusell
Aleh Tsyvinski

Optimal Taxes on Fossil Fuel in General Equilibrium

w17347 Ralph Ossa
Trade Wars and Trade Talks with Data

w17344 Ivan Werning
Managing a Liquidity Trap: Monetary and Fiscal Policy

w17338 Greg Kaplan
Giovanni L. Violante

A Model of the Consumption Response to Fiscal Stimulus Payments

w17330 Elias Albagli
Christian Hellwig
Aleh Tsyvinski

Information Aggregation, Investment, and Managerial Incentives

w17328 Robert J. Barro
José F. Ursua

Rare Macroeconomic Disasters

w17319 Sanjay K. Chugh
Fabio Ghironi

Optimal Fiscal Policy with Endogenous Product Variety

w17317 Jesús Fernández-Villaverde
Pablo A. Guerrón-Quintana
Keith Kuester
Juan Rubio-Ramírez

Fiscal Volatility Shocks and Economic Activity

w17313 Kyle F. Herkenhoff
Lee E. Ohanian

Labor Market Dysfunction During the Great Recession

w17311 Aubhik Khan
Julia K. Thomas

Credit Shocks and Aggregate Fluctuations in an Economy with Production Heterogeneity

w17308 Lorenzo Caliendo
Esteban Rossi-Hansberg

The Impact of Trade on Organization and Productivity

w17294 Steven J. Davis
Jason Faberman
John C. Haltiwanger

Labor Market Flows in the Cross Section and Over Time

w17291 Paul Beaudry
Franck Portier

A Gains from Trade Perspective on Macroeconomic Fluctuations

w17284 Melvyn G. Coles
Dale T. Mortensen

Equilibrium Wage and Employment Dynamics in a Model of Wage Posting without Commitment

w17278 Craig Burnside
Carry Trades and Risk

w17277 François Gourio
Michael Siemer
Adrien Verdelhan

International Risk Cycles

w17274 Laurence M. Ball
Nicolás De Roux
Marc Hofstetter

Unemployment in Latin America and the Caribbean

w17260 Martin S. Feldstein
What's Next for the Dollar?

w17259 Mark A. Aguiar
Erik Hurst
Loukas Karabarbounis

Time Use During Recessions

w17252 Pierre-Olivier Gourinchas
Maurice Obstfeld

Stories of the Twentieth Century for the Twenty-First

w17240 Jonathan A. Parker
On Measuring the Effects of Fiscal Policy in Recessions

w17231 Nicholas Bloom
Helena Schweiger
John Van Reenen

The Land that Lean Manufacturing Forgot? Management Practices in Transition Countries

w17230 Ruediger Bachmann
Jinhui Bai

Public Consumption Over the Business Cycle

w17229 George-Marios Angeletos
Luigi Iovino
Jennifer La'O

Cycles, Gaps, and the Social Value of Information

w17216 Quamrul Ashraf
Oded Galor

The "Out of Africa" Hypothesis, Human Genetic Diversity, and Comparative Economic Development

w17201 Fabrizio Perri
Vincenzo Quadrini

International Recessions

w17191 Francois Gourio
Leena Rudanko

Customer Capital

w17187 Michael C. Burda
Jennifer Hunt

What Explains the German Labor Market Miracle in the Great Recession?

w17186 Konrad B. Burchardi
Tarek Alexander Hassan

The Economic Impact of Social Ties: Evidence from German Reunification

w17179 Robert E. Hall
Clashing Theories of Unemployment

w17158 Nicola Gennaioli
Rafael La Porta
Florencio Lopez-de-Silanes
Andrei Shleifer

Human Capital and Regional Development

w17149 Bryan T. Kelly
Hanno Lustig
Stijn Van Nieuwerburgh

Too-Systemic-To-Fail: What Option Markets Imply About Sector-wide Government Guarantees

w17144 Efraim Benmelech
Nittai K. Bergman
Amit Seru

Financing Labor

w17142 Lawrence Christiano
Daisuke Ikeda

Government Policy, Credit Markets and Economic Activity

w17140 Hyungsik Roger Moon
Frank Schorfheide
Eleonora Granziera
Mihye Lee

Inference for VARs Identified with Sign Restrictions

w17137 Roger Farmer
Animal Spirits, Rational Bubbles and Unemployment in an Old-Keynesian Model

w17133 Gianluca Benigno
Pierpaolo Benigno
Salvatore Nisticò

Risk, Monetary Policy and the Exchange Rate

w17130 Xiaohong Chen
Jack Favilukis
Sydney C. Ludvigson

An Estimation of Economic Models with Recursive Preferences

w17128 Angus S. Deaton
The Financial Crisis and the Well-Being of Americans

w17111 Thorsten Drautzburg
Harald Uhlig

Fiscal Stimulus and Distortionary Taxation

w17102 Quamrul Ashraf
Boris Gershman
Peter Howitt

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

w17100 Nune Hovhannisyan
Wolfgang Keller

International Business Travel: An Engine of Innovation?

w17098 Alberto F. Alesina
Paola Giuliano
Nathan Nunn

On the Origins of Gender Roles: Women and the Plough

w17094 Charles I. Jones
Life and Growth

w17084 Jordi Galí
Frank Smets
Rafael Wouters

Unemployment in an Estimated New Keynesian Model

w17075 Oded Galor
Stelios Michalopoulos

Evolution and the Growth Process: Natural Selection of Entrepreneurial Traits

w17071 Alejandro Justiniano
Giorgio E. Primiceri
Andrea Tambalotti

Is there a trade-off between inflation and output stabilization?

w17064 Harold L. Cole
Felix Kubler

Recursive Contracts, Lotteries and Weakly Concave Pareto Sets

w17063 Rüdiger Bachmann
Eric R. Sims

Confidence and the Transmission of Government Spending Shocks

w17060 George-Marios Angeletos
Jennifer La'O

Decentralization, Communication, and the Origins of Fluctuations

w17058 Oded Galor
Inequality, Human Capital Formation and the Process of Development

w17057 Oded Galor
The Demographic Transition: Causes and Consequences

w17045 Zheng Liu
Pengfei Wang
Tao Zha

Land-price dynamics and macroeconomic fluctuations

w17044 Laurence M. Ball
Sandeep Mazumder

Inflation Dynamics and the Great Recession

w17041 Erik Hurst
Benjamin Wild Pugsley

What Do Small Businesses Do?

w17037 Quamrul Ashraf
Oded Galor

Dynamics and Stagnation in the Malthusian Epoch

w17034 Olivier Coibion
Are the Effects of Monetary Policy Shocks Big or Small?

w17027 Tarek A. Hassan
Thomas M. Mertens

The Social Cost of Near-Rational Investment

w17026 Francois Gourio
Credit Risk and Disaster Risk

w17021 Simon Gilchrist
Egon Zakrajšek

Credit Spreads and Business Cycle Fluctuations

w17005 Bennett T. McCallum
Should Central Banks Raise their Inflation Targets? Some Relevant Issues

w16996 Martin Lettau
Sydney C. Ludvigson

Shocks and Crashes

w16988 Igal Hendel
Aviv Nevo

Intertemporal Price Discrimination in Storable Goods Markets

w16984 Daron Acemoglu
Diversity and Technological Progress

w16979 Fiorella De Fiore
Harald Uhlig

Bank Finance Versus Bond Finance

w16972 John H. Cochrane
Discount Rates

w16970 Marco Bassetto
Leslie McGranahan

On the Relationship Between Mobility, Population Growth, and Capital Spending in the United States

w16968 Jed Kolko
David Neumark
Marisol Cuellar Mejia

Public Policy, State Business Climates, and Economic Growth

w16967 Manju Puri
Jörg Rocholl
Sascha Steffen

Global retail lending in the aftermath of the US financial crisis: Distinguishing between supply and demand effects

w16966 Daron Acemoglu
Simon Johnson
James A. Robinson

Hither Thou Shalt Come, But No Further: Reply to "The Colonial Origins of Comparative Development: An Empirical Investigation: Comment"

w16965 Thomas Philippon
Virgiliu Midrigan

Household Leverage and the Recession

w16958 Gita Gopinath
Brent Neiman

Trade Adjustment and Productivity in Large Crises

w16957 Yosef Bonaparte
Russell Cooper
Guozhong Zhu

Consumption Smoothing and Portfolio Rebalancing: The Effects of Adjustment Costs

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

w16942 Craig Burnside
Martin S. Eichenbaum
Sergio Rebelo

Carry Trade and Momentum in Currency Markets

w16934 Edward L. Glaeser
Giacomo A.M. Ponzetto
Kristina Tobio

Cities, Skills, and Regional Change

w16924 Andrew Glover
Jonathan Heathcote
Dirk Krueger
José-Víctor Ríos-Rull

Intergenerational Redistribution in the Great Recession

w16911 Xavier Gabaix
A Sparsity-Based Model of Bounded Rationality

w16904 Ariel Burstein
Jonathan Vogel

Factor Prices and International Trade: A Unifying Perspective

w16891 Betsey Stevenson
Justin Wolfers

Trust in Public Institutions over the Business Cycle

w16889 Janice C. Eberly
Sergio Rebelo
Nicolas Vincent

What Explains the Lagged Investment Effect?

w16867 Ippei Fujiwara
Tomoyuki Nakajima
Nao Sudo
Yuki Teranishi

Global Liquidity Trap

w16862 Rüdiger Bachmann
Christian Bayer

Uncertainty Business Cycles - Really?

w16861 Rüdiger Bachmann
Christian Bayer

Investment Dispersion and the Business Cycle

w16848 Karl E. Case
John M. Quigley
Robert J. Shiller

Wealth Effects Revisited 1978-2009

w16847 Stephanie Schmitt-Grohé
Martin Uríbe

Pegs and Pain

w16843 Chong Wang
Neng Wang
Jinqiang Yang

Dynamics of Entrepreneurship under Incomplete Markets

w16836 Hyun Song Shin
Kwanho Shin

Procyclicality and Monetary Aggregates

w16832 Jess Benhabib
Alejandro Corvalan
Mark M. Spiegel

Reestablishing the Income-Democracy Nexus

w16829 John F. Helliwell
Haifang Huang

New Measures of the Costs of Unemployment: Evidence from the Subjective Well-Being of 2.3 Million Americans

w16819 Eric M. Leeper
Todd B. Walker

Fiscal Limits in Advanced Economies

w16816 Jess Benhabib
Chetan Dave

Learning, Large Deviations and Rare Events

w16810 Sydney C. Ludvigson
Advances in Consumption-Based Asset Pricing: Empirical Tests

w16807 Mark A. Aguiar
Mark Bils

Has Consumption Inequality Mirrored Income Inequality?

w16800 Shang-Jin Wei
Xiaobo Zhang

Sex Ratios, Entrepreneurship, and Economic Growth in the People’s Republic of China

w16799 Troy Davig
Eric M. Leeper

Temporarily Unstable Government Debt and Inflation

w16790 James D. Hamilton
Historical Oil Shocks

w16786 Roberto Perotti
The Effects of Tax Shocks on Output: Not So Large, But Not Small Either

w16784 Patrick Bayer
Christopher Geissler
James W. Roberts

Speculators and Middlemen: The Role of Flippers in the Housing Market

w16781 Frank Schorfheide
Estimation and Evaluation of DSGE Models: Progress and Challenges

w16777 Nicolae Gârleanu
Lasse Heje Pedersen

Margin-Based Asset Pricing and Deviations from the Law of One Price

w16775 Hyunseung Oh
Ricardo Reis

Targeted Transfers and the Fiscal Response to the Great Recession

w16774 Ellen R. McGrattan
Transition to FDI Openness: Reconciling Theory and Evidence

w16771 Dennis Tao Yang
Junsen Zhang
Shaojie Zhou

Why Are Saving Rates so High in China?

w16769 Robert J. Barro
Rachel M. McCleary

Saints Marching In, 1590-2009

w16764 Alexander David
Pietro Veronesi

Investor and Central Bank Uncertainty and Fear Measures Embedded in Index Options

w16759 James Feyrer
Bruce Sacerdote

Did the Stimulus Stimulate? Real Time Estimates of the Effects of the American Recovery and Reinvestment Act

w16758 Isabel Correia
Emmanuel Farhi
Juan Pablo Nicolini
Pedro Teles

Unconventional Fiscal Policy at the Zero Bound

w16755 Frederic S. Mishkin
Monetary Policy Strategy: Lessons from the Crisis

w16752 Russell Cooper
Hubert Kempf

Deposit Insurance Without Commitment: Wall St. Versus Main St

w16750 Emmanuel Farhi
Jean Tirole

Bubbly Liquidity

w16749 Emmanuel Farhi
Iván Werning

Insurance and Taxation over the Life Cycle

w16748 Kerwin Kofi Charles
Erik Hurst
Alexandra Killewald

Marital Sorting and Parental Wealth

w16747 Laura Xiaolei Liu
Lu Zhang

A Model of Momentum

w16744 Severin Borenstein
On the Persistent Financial Losses of U.S. Airlines: A Preliminary Exploration

w16742 Charles I. Jones
Misallocation, Economic Growth, and Input-Output Economics

w16741 Robert E. Hall
The Long Slump

w16734 Craig Burnside
Martin Eichenbaum
Sergio Rebelo

Understanding Booms and Busts in Housing Markets

w16729 Raj Chetty
Adam Guren
Dayanand S. Manoli
Andrea Weber

Does Indivisible Labor Explain the Difference Between Micro and Macro Elasticities? A Meta-Analysis of Extensive Margin Elasticities

w16727 Thomas Philippon
Philipp Schnabl

Informational Rents, Macroeconomic Rents, and Efficient Bailouts

w16717 Nicholas Bloom
Mirko Draca
John Van Reenen

Trade Induced Technical Change? The Impact of Chinese Imports on Innovation, IT and Productivity

w16708 Kenneth Judd
Lilia Maliar
Serguei Maliar

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

w16707 Olivier Coibion
Yuriy Gorodnichenko

Why Are Target Interest Rate Changes So Persistent?

w16705 David E. Bloom
David Canning
Günther Fink

Implications of Population Aging for Economic Growth

w16701 Sam Schulhofer-Wohl
Negative Equity Does Not Reduce Homeowners' Mobility

w16696 Pierre-André Chiappori
Krislert Samphantharak
Sam Schulhofer-Wohl
Robert M. Townsend

Heterogeneity and Risk Sharing in Village Economies

w16688 Charles W. Calomiris
Joseph Mason
David Wheelock

Did Doubling Reserve Requirements Cause the Recession of 1937-1938? A Microeconomic Approach

w16685 Atif Mian
Amir Sufi
Francesco Trebbi

Foreclosures, House Prices, and the Real Economy

w16684 Jonathan A. Parker
Nicholas S. Souleles
David S. Johnson
Robert McClelland

Consumer Spending and the Economic Stimulus Payments of 2008

w16682 Daron Acemoglu
Mikhail Golosov
Aleh Tsyvinski
Pierre Yared

A Dynamic Theory of Resource Wars

w16680 Judith A. Chevalier
Anil K Kashyap

Best Prices

w16666 Jonathan Eaton
Samuel Kortum
Brent Neiman
John Romalis

Trade and the Global Recession

w16658 Nicholas Bloom
Benn Eifert
Aprajit Mahajan
David McKenzie
John Roberts

Does Management Matter? Evidence from India

w16657 James D. Hamilton
Michael T. Owyang

The Propagation of Regional Recessions


Generated Mon Feb 13 00:00:56 2012

 
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