NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

NBER Papers in Economic Fluctuations and Growth

NBER Papers in Economic Fluctuations and Growth

browse older papers in this program

2010
w15739 Tullio Jappelli
Luigi Pistaferri

The Consumption Response to Income Changes

w15735 Efraim Benmelech
Nittai K. Bergman

Vintage Capital and Creditor Protection

w15726 Takatoshi Ito
Great Inflation and Central Bank Independence in Japan

w15721 Robert W. Fogel
Further Comments on The Impact of the Asian Miracle on the Theory of Economic Growth

w15714 Michael Woodford
Simple Analytics of the Government Expenditure Multiplier

w15712 Chad Syverson
What Determines Productivity?

w15711 Benjamin F. Jones
Benjamin A. Olken

Climate Shocks and Exports

w15705 Fernanda Brollo
Tommaso Nannicini
Roberto Perotti
Guido Tabellini

The Political Resource Curse

w15702 George J. Hall
Thomas J. Sargent

Interest Rate Risk and Other Determinants of Post-WWII U.S. Government Debt/GDP Dynamics

w15690 Bennett T. McCallum
Is the Spurious Regression Problem Spurious?

w15688 Ralph S.J. Koijen
Hanno Lustig
Stijn Van Nieuwerburgh

The Cross-Section and Time-Series of Stock and Bond Returns

w15685 Martin S. Feldstein
U.S. Growth in the Decade Ahead

w15681 Casey B. Mulligan
Aggregate Implications of Labor Market Distortions: The Recession of 2008-9 and Beyond

w15677 Jesús Fernández-Villaverde
Jeremy Greenwood
Nezih Guner

From Shame to Game in One Hundred Years: An Economic Model of the Rise in Premarital Sex and its De-Stigmatization

w15675 Russell Cooper
John C. Haltiwanger
Jonathan L. Willis

Euler-Equation Estimation for Discrete Choice Models: A Capital Accumulation Application

w15663 Alice Schoonbroodt
Michèle Tertilt

Who Owns Children and Does it Matter?

w15662 Ricardo Reis
Interpreting the Unconventional U.S. Monetary Policy of 2007-09

w15657 S. Boragan Aruoba
Francis X. Diebold

Real-Time Macroeconomic Monitoring: Real Activity, Inflation, and Interactions

w15652 Andrei Shleifer
Robert W. Vishny

Asset Fire Sales and Credit Easing

w15647 Virgiliu Midrigan
Daniel Yi Xu

Finance and Misallocation: Evidence from Plant-level Data

w15645 Peter Temin
The Great Recession and the Great Depression

w15642 Jean Boivin
Robert Clark
Nicolas Vincent

Virtual Borders: Online Nominal Rigidities and International Market Segmentation

w15636 Ricardo J. Caballero
The "Other" Imbalance and the Financial Crisis

w15630 Andrew Levin
John B. Taylor

Falling Behind the Curve: A Positive Analysis of Stop-Start Monetary Policies and the Great Inflation


2009
w15628 Costas Arkolakis
Arnaud Costinot
Andrés Rodríguez-Clare

New Trade Models, Same Old Gains?

w15626 Johannes C. Stroebel
John B. Taylor

Estimated Impact of the Fed’s Mortgage-Backed Securities Purchase Program

w15617 Raj Chetty
John N. Friedman
Tore Olsen
Luigi Pistaferri

Adjustment Costs, Firm Responses, and Labor Supply Elasticities: Evidence from Danish Tax Records

w15616 Raj Chetty
Bounds on Elasticities with Optimization Frictions: A Synthesis of Micro and Macro Evidence on Labor Supply

w15604 Natalia Ramondo
Andrés Rodríguez-Clare

Trade, Multinational Production, and the Gains from Openness

w15583 Alexander M. Gelber
Joshua W. Mitchell

Taxes and Time Allocation: Evidence from Single Women

w15582 Dirk Krueger
Fabrizio Perri

Public versus Private Risk Sharing

w15579 Susanto Basu
Luigi Pascali
Fabio Schiantarelli
Luis Serven

Productivity, Welfare and Reallocation: Theory and Firm-Level Evidence

w15570 Alejandro Justiniano
Giorgio E. Primiceri
Andrea Tambalotti

Investment Shocks and Business Cycles

w15561 Stefano Eusepi
Bruce Preston

Labor Supply Heterogeneity and Macroeconomic Co-movement

w15557 James Feyrer
Distance, Trade, and Income – The 1967 to 1975 Closing of the Suez Canal as a Natural Experiment

w15554 Dirk Krueger
Fabrizio Perri
Luigi Pistaferri
Giovanni L. Violante

Cross Sectional Facts for Macroeconomists

w15553 Greg Kaplan
Giovanni L. Violante

How Much Consumption Insurance Beyond Self-Insurance?

w15550 Francesco Caselli
Guy Michaels

Do Oil Windfalls Improve Living Standards? Evidence from Brazil

w15545 Alex Edmans
Xavier Gabaix

Tractability in Incentive Contracting

w15526 Fatih Guvenen
Burhanettin Kuruscu
Serdar Ozkan

Taxation of Human Capital and Wage Inequality: A Cross-Country Analysis

w15519 Domenico Giannone
Michele Lenza

The Feldstein-Horioka fact

w15514 Eric M. Leeper
Anchors Away: How Fiscal Policy Can Undermine the Taylor Principle

w15513 Mikhail Golosov
Guido Lorenzoni
Aleh Tsyvinski

Decentralized Trading with Private Information

w15512 Moritz Schularick
Alan M. Taylor

Credit Booms Gone Bust: Monetary Policy, Leverage Cycles and Financial Crises, 1870–2008

w15509 Wolfgang Keller
Stephen R. Yeaple

Gravity in the Weightless Economy

w15502 William N. Goetzmann
Luc Renneboog
Christophe Spaenjers

Art and Money

w15496 Robert E. Hall
By How Much Does GDP Rise if the Government Buys More Output?

w15494 Stephanie Schmitt-Grohé
Martín Uribe

Foreign Demand for Domestic Currency and the Optimal Rate of Inflation

w15490 Eric J. Bartelsman
John C. Haltiwanger
Stefano Scarpetta

Cross-Country Differences in Productivity: The Role of Allocation and Selection

w15487 Dimitri Vayanos
Jean-Luc Vila

A Preferred-Habitat Model of the Term Structure of Interest Rates

w15483 Jonathan Heathcote
Fabrizio Perri
Giovanni L. Violante

Unequal We Stand: An Empirical Analysis of Economic Inequality in the United States, 1967-2006

w15479 Ricardo J. Caballero
Alp Simsek

Fire Sales in a Model of Complexity

w15477 Alejandrina Salcedo
Todd Schoellman
Michèle Tertilt

Families as Roommates: Changes in U.S. Household Size from 1850 to 2000

w15474 James Feyrer
The US Productivity Slowdown, the Baby Boom, and Management Quality

w15467 Olivier J. Blanchard
Marianna Riggi

Why are the 2000s so different from the 1970s? A structural interpretation of changes in the macroeconomic effects of oil prices

w15464 Valerie A. Ramey
Identifying Government Spending Shocks: It's All in the Timing

w15462 Todd M. Sinai
Nicholas S. Souleles

Can Owning a Home Hedge the Risk of Moving?

w15459 John H. Cochrane
Can Learnability Save New-Keynesian Models?

w15457 Nicolae Gârleanu
Leonid Kogan
Stavros Panageas

The Demographics of Innovation and Asset Returns

w15455 Simon Johnson
William Larson
Chris Papageorgiou
Arvind Subramanian

Is Newer Better? Penn World Table Revisions and Their Impact on Growth Estimates

w15451 Daron Acemoglu
Philippe Aghion
Leonardo Bursztyn
David Hemous

The Environment and Directed Technical Change

w15450 Marcin Kacperczyk
Stijn Van Nieuwerburgh
Laura Veldkamp

Attention Allocation Over the Business Cycle

w15448 Laura Alfaro
Anusha Chari

India Transformed? Insights from the Firm Level 1988-2005

w15442 Wolfgang Keller
International Trade, Foreign Direct Investment, and Technology Spillovers

w15433 Maxim Pinkovskiy
Xavier Sala-i-Martin

Parametric Estimations of the World Distribution of Income

w15432 Enrique G. Mendoza
Vincenzo Quadrini

Financial Globalization, Financial Crises and Contagion

w15428 Diego A. Comin
Norman Loayza
Farooq Pasha
Luis Serven

Medium Term Business Cycles in Developing Countries

w15427 Peter Howitt
Ömer Özak

Adaptive Consumption Behavior

w15421 Claudia R. Sahm
Matthew D. Shapiro
Joel B. Slemrod

Household Response to the 2008 Tax Rebate: Survey Evidence and Aggregate Implications

w15416 Berthold Herrendorf
Richard Rogerson
Ákos Valentinyi

Two Perspectives on Preferences and Structural Transformation

w15414 Ricardo Lagos
Guillaume Rocheteau
Pierre-Olivier Weill

Crises and Liquidity in Over-the-Counter Markets

w15409 Hernán D. Rozenfeld
Diego Rybski
Xavier Gabaix
Hernán A. Makse

The Area and Population of Cities: New Insights from a Different Perspective on Cities

w15407 Alan J. Auerbach
William G. Gale

Activist Fiscal Policy to Stabilize Economic Activity

w15405 Stavros Panageas
Optimal taxation in the presence of bailouts

w15404 Ravi Jagannathan
Mudit Kapoor
Ernst Schaumburg

Why are we in a recession? The Financial Crisis is the Symptom not the Disease!

w15400 Daron Acemoglu
Mikhail Golosov
Aleh Tsyvinski

Power Fluctuations and Political Economy

w15399 François Gourio
Disasters Risk and Business Cycles

w15394 Lawrence Christiano
Martin Eichenbaum
Sergio Rebelo

When is the government spending multiplier large?

w15385 Lars E.O. Svensson
Evaluating Monetary Policy

w15382 Yi-Li Chien
Harold L. Cole
Hanno Lustig

Is the Volatility of the Market Price of Risk due to Intermittent Portfolio Re-balancing?

w15377 Edward L. Glaeser
William R. Kerr
Giacomo A.M. Ponzetto

Clusters of Entrepreneurship

w15375 José-Víctor Ríos-Rull
Frank Schorfheide
Cristina Fuentes-Albero
Maxym Kryshko
Raül Santaeulàlia-Llopis

Methods versus Substance: Measuring the Effects of Technology Shocks on Hours

w15373 Robert S. Pindyck
Neng Wang

The Economic and Policy Consequences of Catastrophes

w15369 Robert J. Barro
Charles J. Redlick

Macroeconomic Effects from Government Purchases and Taxes

w15368 Adi Brender
Allan Drazen

Do Leaders Affect Government Spending Priorities?

w15362 Amir E. Khandani
Andrew W. Lo
Robert C. Merton

Systemic Risk and the Refinancing Ratchet Effect

w15359 Emi Nakamura
Jón Steinsson

Lost in Transit: Product Replacement Bias and Pricing to Market

w15356 Stelios Michalopoulos
Luc Laeven
Ross Levine

Financial Innovation and Endogenous Growth

w15355 Raquel Fernández
Women's Rights and Development

w15351 Robert J. Gordon
Misperceptions About the Magnitude and Timing of Changes in American Income Inequality

w15349 Klaus Desmet
Esteban Rossi-Hansberg

Spatial Development

w15348 John C. Haltiwanger
Ron S. Jarmin
C. J. Krizan

Mom-and-Pop Meet Big-Box: Complements or Substitutes?

w15343 Mathias Trabandt
Harald Uhlig

How Far Are We From The Slippery Slope? The Laffer Curve Revisited

w15340 Nicolae B. Gârleanu
Stavros Panageas
Jianfeng Yu

Technological Growth and Asset Pricing

w15338 Urban Jermann
Vincenzo Quadrini

Macroeconomic Effects of Financial Shocks

w15334 William N. Goetzmann
Liang Peng
Jacqueline Yen

The Subprime Crisis and House Price Appreciation

w15324 Alex Edmans
Xavier Gabaix
Tomasz Sadzik
Yuliy Sannikov

Dynamic Incentive Accounts

w15319 Diego A. Comin
Bart Hobijn

The CHAT Dataset

w15312 Robert B. Barsky
Eric R. Sims

News Shocks

w15302 Daron Acemoglu
Mikhail Golosov
Aleh Tsyvinski

Political Economy of Ramsey Taxation

w15299 Shawn Kantor
Alexander Whalley

Do Universities Generate Agglomeration Spillovers? Evidence from Endowment Value Shocks

w15296 Kenneth Judd
Lilia Maliar
Serguei Maliar

Numerically Stable Stochastic Simulation Approaches for Solving Dynamic Economic Models

w15290 Martin S. Feldstein
Economic Conditions and U.S. National Security in the 1930s and Today

w15258 Lee E. Ohanian
What - or Who - Started the Great Depression?

w15287 Alan S. Blinder
Alan B. Krueger

Alternative Measures of Offshorability: A Survey Approach

w15286 Xavier Gabaix
The Granular Origins of Aggregate Fluctuations

w15283 Atif R. Mian
Amir Sufi

House Prices, Home Equity-Based Borrowing, and the U.S. Household Leverage Crisis

w15282 Per Krusell
Toshihiko Mukoyama
Aysegul Sahin

Labor-Market Matching with Precautionary Savings and Aggregate Fluctuations

w15281 Casey B. Mulligan
Means-Tested Mortgage Modification: Homes Saved or Income Destroyed?

w15275 Asli Demirguc-Kunt
Ross Levine

Finance and Inequality: Theory and Evidence

w15273 Gary B. Gorton
Andrew Metrick

Haircuts

w15269 Eric M. Leeper
Anchoring Fiscal Expectations

w15268 Francisco J. Buera
Yongseok Shin

Productivity Growth and Capital Flows: The Dynamics of Reforms

w15257 Jonathan Heathcote
Kjetil Storesletten
Giovanni L. Violante

Consumption and Labor Supply with Partial Insurance: An Analytical Framework

w15255 Emi Nakamura
Dawit Zerom

Accounting for Incomplete Pass-Through

w15252 Per Krusell
Toshihiko Mukoyama
Richard Rogerson
Aysegul Sahin

Aggregate Labor Market Outcomes: The Role of Choice and Chance

w15251 Per Krusell
Toshihiko Mukoyama
Richard Rogerson
Aysegul Sahin

A Three State Model of Worker Flows in General Equilibrium

w15247 Robert J. Barro
Tao Jin

On the Size Distribution of Macroeconomic Disasters

w15243 Fatih Guvenen
A Parsimonious Macroeconomic Model for Asset Pricing

w15240 David Backus
Mikhail Chernov
Ian Martin

Disasters implied by equity index options

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

w15230 Daron Acemoglu
Georgy Egorov
Konstantin Sonin

Political Selection and Persistence of Bad Governments

w15227 Yosef Bonaparte
Russell Cooper

Costly Portfolio Adjustment

w15225 Craig Burnside
Alexandra Tabova

Risk, Volatility, and the Global Cross-Section of Growth Rates

w15223 Gary B. Gorton
Andrew Metrick

Securitized Banking and the Run on Repo

w15219 Long Chen
Lu Zhang

The stock market and aggregate employment

w15208 David H. Romer
A New Data Set on Monetary Policy: The Economic Forecasts of Individual Members of the FOMC

w15204 Peter Blair Henry
Diego Sasson

Capital Market Integration and Wages

w15199 J. Vernon Henderson
Adam Storeygard
David N. Weil

Measuring Economic Growth from Outer Space

w15194 Mark Aguiar
Manuel Amador

Growth in the Shadow of Expropriation

w15193 Cristina Arellano
Yan Bai
Jing Zhang

Firm Dynamics and Financial Development

w15192 Gian Luca Clementi
Thomas F. Cooley
Sonia Di Giannatale

A Theory of Firm Decline

w15187 Yuriy Gorodnichenko
Serena Ng

Estimation of DSGE Models When the Data are Persistent

w15182 Miles S. Kimball
Colter M. Mitchell
Arland D. Thornton
Linda C. Young-Demarco

Empirics on the Origins of Preferences: The Case of College Major and Religiosity

w15176 Russell Cooper
Hubert Kempf
Dan Peled

Insulation Impossible: Fiscal Spillovers in a Monetary Union

w15170 John Geanakoplos
Stephen P. Zeldes

Market Valuation of Accrued Social Security Benefits

w15167 Philippe Aghion
Drew Fudenberg
Richard T. Holden

Subgame Perfect Implementation with Almost Perfect Information and the Hold-Up Problem

w15166 Mark Bils
Yongsung Chang
Sun-Bin Kim

Heterogeneity and Cyclical Unemployment

w15165 John B. Donaldson
Natalia Gershun
Marc P. Giannoni

Some Unpleasant General Equilibrium Implications of Executive Incentive Compensation Contracts

w15160 Eric M. Leeper
Michael Plante
Nora Traum

Dynamics of Fiscal Financing in the United States

w15159 Manuel Adelino
Kristopher Gerardi
Paul S. Willen

Why Don't Lenders Renegotiate More Home Mortgages? Redefaults, Self-Cures and Securitization

w15158 Nuno Cassola
Ali Hortacsu
Jakub Kastl

The 2007 Subprime Market Crisis Through the Lens of European Central Bank Auctions for Short-Term Funds

w15087 Orazio Attanasio
Katja Kaufmann

Educational Choices, Subjective Expectations, and Credit Constraints

w15155 Daron Acemoglu
Melissa Dell

Productivity Differences Between and Within Countries

w15153 Eric M. Leeper
Todd B. Walker
Shu-Chun Susan Yang

Government Investment and Fiscal Stimulus in the Short and Long Runs

w15138 Emmanuel Farhi
Jean Tirole

Collective Moral Hazard, Maturity Mismatch and Systemic Bailouts

w15133 Troy Davig
Eric M. Leeper

Monetary-Fiscal Policy Interactions and Fiscal Stimulus

w15129 Nicholas Bloom
Raffaella Sadun
John Van Reenen

The organization of firms across countries

w15119 Philippe Aghion
David Hemous
Enisse Kharroubi

Credit Constraints, Cyclical Fiscal Policy and Industry Growth

w15117 Michael W. L. Elsby
Matthew D. Shapiro

Stepping Off the Wage Escalator: The Effects of Wage Growth on Equilibrium Employment

w15113 James Feyrer
Jay C. Shambaugh

Global Savings and Global Investment: The Transmission of Identified Fiscal Shocks

w15111 Roozbeh Hosseini
Larry E. Jones
Ali Shourideh

Risk Sharing, Inequality and Fertility

w15110 Paul Beaudry
Amartya Lahiri

Risk Allocation, Debt Fueled Expansion and Financial Crisis

w15094 Charles I. Jones
Paul M. Romer

The New Kaldor Facts: Ideas, Institutions, Population, and Human Capital

w15080 Yuriy Gorodnichenko
Klara Sabirianova Peter
Dmitriy Stolyarov

Inequality and Volatility Moderation in Russia: Evidence from Micro-Level Panel Data on Consumption and Income

w15075 Charles Calomiris
Stanley D. Longhofer
William Miles

The (Mythical?) Housing Wealth Effect

w15072 Harald Uhlig
A Model of a Systemic Bank Run

w15068 Frank R. Lichtenberg
The Quality of Medical Care, Behavioral Risk Factors, and Longevity Growth

w15066 Eric A. Hanushek
Ludger Woessmann

Schooling, Cognitive Skills, and the Latin American Growth Puzzle

w15065 William A. Brock
Steven N. Durlauf

Adoption Curves and Social Interactions

w15063 Christopher Foote
Kristopher Gerardi
Lorenz Goette
Paul Willen

Reducing Foreclosures: No Easy Answers

w15050 Matthias Doepke
Fabrizio Zilibotti

Do International Labor Standards Contribute to the Persistence of the Child Labor Problem?

w15062 Emmanuel Farhi
Samuel Paul Fraiberger
Xavier Gabaix
Romain Ranciere
Adrien Verdelhan

Crash Risk in Currency Markets

w15059 Nicola Fuchs-Schündeln
Dirk Krueger
Mathias Sommer

Inequality Trends for Germany in the Last Two Decades: A Tale of Two Countries

w15052 Robert B. Barsky
The Japanese Bubble: A 'Heterogeneous' Approach

w15049 Robert B. Barsky
Eric R. Sims

Information, Animal Spirits, and the Meaning of Innovations in Consumer Confidence

w15044 Francois Gourio
Jianjun Miao

Firm Heterogeneity and the Long-run Effects of Dividend Tax Reform

w15034 Sebnem Kalemli-Ozcan
Elias Papaioannou
José-Luis Peydró

What Lies Beneath the Euro's Effect on Financial Integration: Currency Risk, Legal Harmonization, or Trade?

w15033 Dale T. Mortensen
Wage Dispersion in the Search and Matching Model with Intra-Firm Bargaining

w15030 Mark Bils
Yongsung Chang
Sun-Bin Kim

Comparative Advantage and Unemployment

w15029 Diego A. Comin
Mark Gertler
Ana Maria Santacreu

Technology Innovation and Diffusion as Sources of Output and Asset Price Fluctuations

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

Computing DSGE Models with Recursive Preferences

w15025 Roger Farmer
Carine Nourry
Alain Venditti

Debt, Deficits and Finite Horizons: The Stochastic Case

w15021 Roger E. A. Farmer
Fiscal Policy Can Reduce Unemployment: But There is a Less Costly and More Effective Alternative

w15015 Olivier J. Blanchard
Jean-Paul L'Huillier
Guido Lorenzoni

News, Noise, and Fluctuations: An Empirical Exploration

w15011 Bulent Guler
Fatih Guvenen
Giovanni L. Violante

Joint-Search Theory: New Opportunities and New Frictions

w15010 Andrew B. Abel
Janice C. Eberly
Stavros Panageas

Optimal Inattention to the Stock Market with Information Costs and Transactions Costs

w15003 George-Marios Angeletos
Jennifer La'O

Incomplete Information, Higher-Order Beliefs and Price Inertia

w15002 James D. Hamilton
Causes and Consequences of the Oil Shock of 2007-08

w14997 Ricardo J. Caballero
Alp Simsek

Complexity and Financial Panics

w14996 Harald Uhlig
Monetary policy in Europe vs the US: what explains the difference?

w14982 George-Marios Angeletos
Jennifer La'O

Noisy Business Cycles

w14969 Betsey Stevenson
Justin Wolfers

The Paradox of Declining Female Happiness

w14960 Boyan Jovanovic
Peter L. Rousseau

Extensive and Intensive Investment over the Business Cycle

w14950 Paul Beaudry
Bernd Lucke

Letting Different Views about Business Cycles Compete

w14943 Andrei Shleifer
Robert W. Vishny

Unstable Banking

w14938 Gita Gopinath
Pierre-Olivier Gourinchas
Chang-Tai Hsieh
Nicholas Li

Estimating the Border Effect: Some New Evidence

w14935 Marcela Eslava
John C. Haltiwanger
Adriana D. Kugler
Maurice Kugler

Trade Reforms and Market Selection: Evidence from Manufacturing Plants in Colombia

w14933 Julio J. Rotemberg
Altruistic Dynamic Pricing with Customer Regret

w14929 Thomas Philippon
Philipp Schnabl

Efficient Recapitalization

w14925 Douglas W. Diamond
Raghuram G. Rajan

Fear of Fire Sales and the Credit Freeze

w14923 Chang-Tai Hsieh
Edward Miguel
Daniel Ortega
Francisco Rodriguez

The Price of Political Opposition: Evidence from Venezuela's Maisanta

w14919 Troy Davig
Eric M. Leeper

Reply to "Generalizing the Taylor Principle: A Comment"

w14915 Veronica Guerrieri
Robert Shimer
Randall Wright

Adverse Selection in Competitive Search Equilibrium

w14914 Francisco J. Buera
Joseph Kaboski
Yongseok Shin

Finance and Development: A Tale of Two Sectors

w14910 James Feyrer
Trade and Income -- Exploiting Time Series in Geography

w14905 Guido Menzio
Shouyong Shi

Efficient Search on the Job and the Business Cycle

w14902 Stefan Laséen
Lars E.O. Svensson

Anticipated Alternative Instrument-Rate Paths in Policy Simulations

w14901 Hamish Low
Costas Meghir
Luigi Pistaferri

Wage Risk and Employment Risk over the Life Cycle

w14898 Veronica Guerrieri
Péter Kondor

Fund Managers, Career Concerns, and Asset Price Volatility

w14887 Sebnem Kalemli-Ozcan
Elias Papaioannou
José Luis Peydró

Financial Integration and Business Cycle Synchronization

w14883 Andrew Atkeson
V. V. Chari
Patrick Kehoe

Sophisticated Monetary Policies

w14882 Hyungsik Roger Moon
Frank Schorfheide

Bayesian and Frequentist Inference in Partially Identified Models

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

Risk Matters: The Real Effects of Volatility Shocks

w14874 Yuriy Gorodnichenko
Enrique G. Mendoza
Linda L. Tesar

The Finnish Great Depression: From Russia with Love

w14873 Stefania Albanesi
Claudia Olivetti

Gender Roles and Medical Progress

w14872 Frank Schorfheide
Keith Sill
Maxym Kryshko

DSGE Model-Based Forecasting of Non-modelled Variables

w14870 S. Boragan Aruoba
Frank Schorfheide

Sticky Prices Versus Monetary Frictions: An Estimation of Policy Trade-offs

w14862 Marvin Goodfriend
Robert G. King

The Great Inflation Drift

w14850 Kaivan Munshi
Mark Rosenzweig

Why is Mobility in India so Low? Social Insurance, Inequality, and Growth

w14848 Hui Chen
Jianjun Miao
Neng Wang

Entrepreneurial Finance and Non-diversifiable Risk

w14846 Roger E.A. Farmer
Confidence, Crashes and Animal Spirits

w14845 Patrick Bolton
Hui Chen
Neng Wang

A Unified Theory of Tobin's q, Corporate Investment, Financing, and Risk Management

w14833 Francesc Ortega
Giovanni Peri

The Causes and Effects of International Migrations: Evidence from OECD Countries 1980-2005

w14824 Pierpaolo Benigno
New-Keynesian Economics: An AS-AD View

w14822 Francisco J. Buera
Joseph P. Kaboski

The Rise of the Service Economy

w14819 Fiona Murray
Philippe Aghion
Mathias Dewatripont
Julian Kolev
Scott Stern

Of Mice and Academics: Examining the Effect of Openness on Innovation

w14818 Laurence M. Ball
Hysteresis in Unemployment: Old and New Evidence

w14816 Maurice Obstfeld
Time of Troubles: The Yen and Japan's Economy, 1985-2008

w14805 Katharine G. Abraham
John C. Haltiwanger
Kristin Sandusky
James Spletzer

Exploring Differences in Employment between Household and Establishment Data

w14787 Mark Bils
Peter J. Klenow
Benjamin A. Malin

Reset Price Inflation and the Impact of Monetary Policy Shocks

w14782 John F. Cogan
Tobias Cwik
John B. Taylor
Volker Wieland

New Keynesian versus Old Keynesian Government Spending Multipliers

w14772 Lars Ljungqvist
Harald Uhlig

Optimal Endowment Destruction under Campbell-Cochrane Habit Formation

w14770 Jess Benhabib
A Note on Regime Switching, Monetary Policy, and Multiple Equilibria

w14768 Jonathan Heathcote
Kjetil Storesletten
Giovanni L. Violante

Quantitative Macroeconomics with Heterogeneous Households

w14764 Roland Bénabou
Groupthink: Collective Delusions in Organizations and Markets

w14760 Robert J. Barro
José F. Ursúa

Stock-Market Crashes and Depressions

w14754 Miles S. Kimball
Claudia R. Sahm
Matthew D. Shapiro

Risk Preferences in the PSID: Individual Imputations and Family Covariation

w14753 Matthew D. Shapiro
Joel B. Slemrod

Did the 2008 Tax Rebates Stimulate Spending?

w14744 Daron Acemoglu
Amy Finkelstein
Matthew J. Notowidigdo

Income and Health Spending: Evidence from Oil Price Shocks

w14743 Joseph G. Altonji
Anthony Smith
Ivan Vidangos

Modeling Earnings Dynamics

w14740 Giuseppe Moscarini
Fabien Postel-Vinay

Large Employers Are More Cyclically Sensitive

w14732 Ricardo Reis
A Sticky-Information General-Equilibrium Model for Policy Analysis

w14730 Jess Benhabib
Alberto Bisin

The distribution of wealth and fiscal policy in economies with finitely lived agents

w14729 Casey Mulligan
What Caused the Recession of 2008? Hints from Labor Productivity

w14710 Roger E.A. Farmer
Tao Zha
Daniel F. Waggoner

Understanding Markov-Switching Rational Expectations Models

w14691 Maurice Obstfeld
International Finance and Growth in Developing Countries: What Have We Learned?

w14697 Nir Jaimovich
Seth Pruitt
Henry E. Siu

The Demand for Youth: Implications for the Hours Volatility Puzzle

w14690 Angus S. Deaton
Instruments of development: Randomization in the tropics, and the search for the elusive keys to economic development

w14688 Ricardo J. Caballero
Arvind Krishnamurthy

Global Imbalances and Financial Fragility

w14684 Martin S. Feldstein
Rethinking the Role of Fiscal Policy

w14680 Melissa Dell
Benjamin F. Jones
Benjamin A. Olken

Temperature and Income: Reconciling New Cross-Sectional and Panel Estimates

w14678 Frederic S. Mishkin
Is Monetary Policy Effective During Financial Crises?

w14677 Jesús Fernández-Villaverde
The Econometrics of DSGE Models

w14676 Michael Burda
Daniel S. Hamermesh

Unemployment, Market Work and Household Production

w14674 Jaap H. Abbring
Jeffrey R. Campbell

Last-In First-Out Oligopoly Dynamics

w14669 Monika Piazzesi
Martin Schneider

Momentum traders in the housing market: survey evidence and a search model

w14665 Jonathan A. Parker
Annette Vissing-Jorgensen

Who Bears Aggregate Fluctuations and How?

w14663 Michael G. Palumbo
Jonathan A. Parker

The Integrated Financial and Real System of National Accounts for the United States: Does It Presage the Financial Crisis?

w14661 Hanno Lustig
Chad Syverson
Stijn Van Nieuwerburgh

Technological Change and the Growing Inequality in Managerial Compensation

w14630 Eric M. Leeper
Todd B. Walker
Shu-Chun Susan Yang

Fiscal Foresight and Information Flows

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

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

w14644 Thomas Philippon
Ariell Reshef

Wages and Human Capital in the U.S. Financial Industry: 1909-2006

w14639 Charles Yuji Horioka
Do Bequests Increase or Decrease Wealth Inequalities?

w14638 William D. Nordhaus
The Perils of the Learning Model For Modeling Endogenous Technological Change

w14636 Indrit Hoxha
Sebnem Kalemli-Ozcan
Dietrich Vollrath

How Big are the Gains from International Financial Integration?

w14633 Eric A. Hanushek
Ludger Woessmann

Do Better Schools Lead to More Growth? Cognitive Skills, Economic Outcomes, and Causation

w14631 John B. Taylor
The Financial Crisis and the Policy Responses: An Empirical Analysis of What Went Wrong


Generated Wed Feb 10 03:47:45 2010

 
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