NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

NBER Papers in Monetary Economics


2016
w22535 Guillermo A. Calvo
From Chronic Inflation to Chronic Deflation: Focusing on Expectations and Liquidity Disarray Since WWII

w22533 Markus K. Brunnermeier
Yuliy Sannikov

The I Theory of Money

w22527 Hengjie Ai
Ravi Bansal

Risk Preferences and The Macro Announcement Premium

w22510 Marc Dordal-i-Carreras
Olivier Coibion
Yuriy Gorodnichenko
Johannes Wieland

Infrequent but Long-Lived Zero-Bound Episodes and the Optimal Rate of Inflation

w22506 Craig Benedict
Mario J. Crucini
Anthony Landry

On What States Do Prices Depend? Answers From Ecuador

w22505 Emi Nakamura
Jón Steinsson
Patrick Sun
Daniel Villar

The Elusive Costs of Inflation: Price Dispersion during the U.S. Great Inflation

w22490 Cosmin L. Ilut
Rosen Valchev
Nicolas Vincent

Paralyzed by Fear: Rigid and Discrete Pricing under Demand Uncertainty

w22489 Jordi Galí
Tommaso Monacelli

Understanding the Gains from Wage Flexibility: The Exchange Rate Connection

w22475 Luca Benati
Robert E. Lucas
Jr.
Juan Pablo Nicolini
Warren Weber

International Evidence on Long Run Money Demand

w22458 Dirk Krueger
Kurt Mitman
Fabrizio Perri

On the Distribution of the Welfare Losses of Large Recessions

w22451 Hie Joo Ahn
James D. Hamilton

Heterogeneity and Unemployment Dynamics

w22431 Edward C. Prescott
Ryan Wessel

Monetary Policy with 100 Percent Reserve Banking: An Exploration

w22418 Tobias Broer
Niels-Jakob H. Hansen
Per Krusell
Erik Öberg

The New Keynesian Transmission Mechanism: A Heterogenous-Agent Perspective

w22415 Ricardo Reis
QE in the future: the central bank’s balance sheet in a fiscal crisis

w22410 Laurence Ball
The Fed and Lehman Brothers: Introduction and Summary

w22402 Patrick Higgins
Tao Zha
Karen Zhong

Forecasting China's Economic Growth and Inflation

w22384 Nicholas Kozeniauskas
Anna Orlik
Laura Veldkamp

The Common Origin of Uncertainty Shocks

w22380 David Aikman
Oliver Bush
Alan M. Taylor

Monetary Versus Macroprudential Policies: Causal Impacts of Interest Rates and Credit Controls in the Era of the UK Radcliffe Report

w22370 Pierre-Olivier Gourinchas
Thomas Philippon
Dimitri Vayanos

The Analytics of the Greek Crisis

w22361 Fernando E. Alvarez
Francesco Lippi
Juan Passadore

Are State and Time Dependent Models Really Different?

w22359 Alisdair McKay
Ricardo Reis

Optimal Automatic Stabilizers

w22356 John B. Taylor
The Staying Power of Staggered Wage and Price Setting Models in Macroeconomics

w22354 Monika Piazzesi
Martin Schneider

Housing and Macroeconomics

w22351 Marco Di Maggio
Marcin Kacperczyk

The Unintended Consequences of the Zero Lower Bound Policy

w22343 Markus K. Brunnermeier
Yuliy Sannikov

Macro, Money and Finance: A Continuous Time Approach

w22341 Mark Gertler
Christopher Huckfeldt
Antonella Trigari

Unemployment Fluctuations, Match Quality, and the Wage Cyclicality of New Hires

w22331 Greg Kaplan
Sam Schulhofer-Wohl

Inflation at the Household Level

w22330 Harold Cole
Daniel Neuhann
Guillermo Ordoñez

Debt Crises: For Whom the Bell Tolls

w22319 Dirk Krueger
Kurt Mitman
Fabrizio Perri

Macroeconomics and Household Heterogeneity

w22311 Julio Garín
Robert Lester
Eric Sims

Are Supply Shocks Contractionary at the ZLB? Evidence from Utilization-Adjusted TFP Data

w22307 Kristin Forbes
Dennis Reinhardt
Tomasz Wieladek

The Spillovers, Interactions, and (Un)Intended Consequences of Monetary and Regulatory Policies

w22299 Gauti B. Eggertsson
Neil R. Mehrotra
Sanjay R. Singh
Lawrence H. Summers

A Contagious Malady? Open Economy Dimensions of Secular Stagnation

w22298 Manuel Amador
Javier Bianchi
Luigi Bocola
Fabrizio Perri

Reverse Speculative Attacks

w22297 George-Marios Angeletos
Chen Lian

Incomplete Information in Macroeconomics: Accommodating Frictions in Coordination

w22295 Emmanuel Farhi
Matteo Maggiori

A Model of the International Monetary System

w22285 Michael Woodford
Quantitative Easing and Financial Stability

w22283 Ambrogio Cesa-Bianchi
Alessandro Rebucci

Does Easing Monetary Policy Increase Financial Instability?

w22279 Susanto Basu
Christopher L. House

Allocative and Remitted Wages: New Facts and Challenges for Keynesian Models

w22271 Zhiguo He
Arvind Krishnamurthy
Konstantin Milbradt

A Model of Safe Asset Determination

w22259 Marco Del Negro
Gauti Eggertsson
Andrea Ferrero
Nobuhiro Kiyotaki

The Great Escape? A Quantitative Evaluation of the Fed’s Liquidity Facilities

w22258 Michael Bailey
Ruiqing Cao
Theresa Kuchler
Johannes Stroebel

Social Networks and Housing Markets

w22256 Atif Mian
Amir Sufi

Who Bears the Cost of Recessions? The Role of House Prices and Household Debt

w22243 Gauti B. Eggertsson
Kevin Proulx

Bernanke's No-arbitrage Argument Revisited: Can Open Market Operations in Real Assets Eliminate the Liquidity Trap?

w22238 Max Raskin
David Yermack

Digital Currencies, Decentralized Ledgers, and the Future of Central Banking

w22232 Greg Kaplan
Kurt Mitman
Giovanni L. Violante

Non-durable Consumption and Housing Net Worth in the Great Recession: Evidence from Easily Accessible Data

w22228 Roger E.A. Farmer
Pricing Assets in an Economy with Two Types of People

w22224 Gianluca Benigno
Huigang Chen
Christopher Otrok
Alessandro Rebucci
Eric R. Young

Optimal Capital Controls and Real Exchange Rate Policies: A Pecuniary Externality Perspective

w22212 Saki Bigio
Jennifer La’O

Financial Frictions in Production Networks

w22210 Gary B. Gorton
The History and Economics of Safe Assets

w22196 Robert E. Hall
Understanding the Decline in the Safe Real Interest Rate

w22183 Drew D. Creal
Jing Cynthia Wu

Bond Risk Premia in Consumption-based Models

w22177 Julio Garín
Robert Lester
Eric Sims

Raise Rates to Raise Inflation? Neo-Fisherianism in the New Keynesian Model

w22172 Gauti B. Eggertsson
Neil R. Mehrotra
Lawrence H. Summers

Secular Stagnation in the Open Economy

w22169 Nicola Cetorelli
Linda S. Goldberg

Organizational Complexity and Balance Sheet Management in Global Banks

w22163 Gabriel Chodorow-Reich
Loukas Karabarbounis

The Limited Macroeconomic Effects of Unemployment Benefit Extensions

w22154 Eric R. Sims
Differences in Quarterly Utilization-Adjusted TFP by Vintage, with an Application to News Shocks

w22152 Itamar Drechsler
Alexi Savov
Philipp Schnabl

The Deposits Channel of Monetary Policy

w22148 Efraim Benmelech
Ralf R. Meisenzahl
Rodney Ramcharan

The Real Effects of Liquidity During the Financial Crisis: Evidence from Automobiles

w22142 Alberto F. Cavallo
Are Online and Offline Prices Similar? Evidence from Large Multi-Channel Retailers

w22141 Johannes F. Wieland
Mu-Jeung Yang

Financial Dampening

w22140 Jérémie Cohen-Setton
Joshua K. Hausman
Johannes F. Wieland

Supply-Side Policies in the Depression: Evidence from France

w22136 Roger E.A. Farmer
Konstantin Platonov

Animal Spirits in a Monetary Model

w22135 Roger Farmer
Pawel Zabczyk

The Theory of Unconventional Monetary Policy

w22133 Markus K. Brunnermeier
Yuliy Sannikov

On the Optimal Inflation Rate

w22129 Alisdair McKay
Emi Nakamura
Jón Steinsson

The Discounted Euler Equation: A Note

w22128 Matteo Cacciatore
Romain Duval
Giuseppe Fiori
Fabio Ghironi

Market Reforms in the Time of Imbalance

w22119 Mary Amiti
Oleg Itskhoki
Jozef Konings

International Shocks and Domestic Prices: How Large Are Strategic Complementarities?

w22111 Alberto Cavallo
Roberto Rigobon

The Billion Prices Project: Using Online Prices for Measurement and Research

w22103 Alberto Cavallo
Guillermo Cruces
Ricardo Perez-Truglia

Learning from Potentially-Biased Statistics: Household Inflation Perceptions and Expectations in Argentina

w22074 Kris James Mitchener
Gary Richardson

Network Contagion and Interbank Amplification during the Great Depression

w22064 Gary Gorton
Ellis W. Tallman

Too-Big-To-Fail Before the Fed

w22059 Michael D. Bordo
Christopher M. Meissner

Fiscal and Financial Crises

w22058 Dario Caldara
Cristina Fuentes-Albero
Simon Gilchrist
Egon Zakrajšek

The Macroeconomic Impact of Financial and Uncertainty Shocks

w22053 Douglas W. Diamond
Anil K Kashyap

Liquidity Requirements, Liquidity Choice and Financial Stability

w22044 Ricardo J. Caballero
Emmanuel Farhi
Pierre-Olivier Gourinchas

Safe Asset Scarcity and Aggregate Demand

w22036 Gary Gorton
Ellis W. Tallman

How Did Pre-Fed Banking Panics End?

w22021 Michael D. Bordo
John V. Duca
Christoffer Koch

Economic Policy Uncertainty and the Credit Channel: Aggregate and Bank Level U.S. Evidence over Several Decades

w22009 Narayana R. Kocherlakota
Sluggish Inflation Expectations: A Markov Chain Analysis

w22008 Gary Gorton
Guillermo Ordoñez

Good Booms, Bad Booms

w22006 Gaetano Gaballo
Ramon Marimon

Breaking the Spell with Credit-Easing: Self-Confirming Credit Crises in Competitive Search Economies

w22005 Diego Anzoategui
Diego Comin
Mark Gertler
Joseba Martinez

Endogenous Technology Adoption and R&D as Sources of Business Cycle Persistence

w21993 Markus K. Brunnermeier
Luis Garicano
Philip Lane
Marco Pagano
Ricardo Reis
Tano Santos
David Thesmar
Stijn Van Nieuwerburgh
Dimitri Vayanos

The Sovereign-Bank Diabolic Loop and ESBies

w21978 Valerie A. Ramey
Macroeconomic Shocks and Their Propagation

w21958 Carmen M. Reinhart
Vincent Reinhart
Christoph Trebesch

Global Cycles: Capital Flows, Commodities, and Sovereign Defaults, 1815-2015

w21956 Martin Beraja
Erik Hurst
Juan Ospina

The Aggregate Implications of Regional Business Cycles

w21942 Alejandro Justiniano
Giorgio E. Primiceri
Andrea Tambalotti

A Simple Model of Subprime Borrowers and Credit Growth

w21902 Lars E.O. Svensson
Cost-Benefit Analysis of Leaning Against the Wind: Are Costs Larger Also with Less Effective Macroprudential Policy?

w21897 Greg Kaplan
Benjamin Moll
Giovanni L. Violante

Monetary Policy According to HANK

w21892 Mark Gertler
Nobuhiro Kiyotaki
Andrea Prestipino

Wholesale Banking and Bank Runs in Macroeconomic Modelling of Financial Crises

w21890 Kaiji Chen
Jue Ren
Tao Zha

What We Learn from China's Rising Shadow Banking: Exploring the Nexus of Monetary Tightening and Banks' Role in Entrusted Lending

w21880 Kinda Cheryl Hachem
Zheng Michael Song

Liquidity Regulation and Unintended Financial Transformation in China

w21879 David López-Salido
Jeremy C. Stein
Egon Zakrajšek

Credit-Market Sentiment and the Business Cycle

w21878 Jeffrey A. Frankel
International Coordination

w21871 Robert J. Barro
Tao Jin

Rare Events and Long-Run Risks

w21866 Narayana Kocherlakota
Fragility of Purely Real Macroeconomic Models

w21864 Gabriel Chodorow-Reich
Johannes Wieland

Secular Labor Reallocation and Business Cycles

w21863 James D. Hamilton
Macroeconomic Regimes and Regime Shifts

w21856 Joseph Davis
Marc D. Weidenmier

America's First Great Moderation

w21852 Hélène Rey
International Channels of Transmission of Monetary Policy and the Mundellian Trilemma

w21843 Emmanuel Farhi
Jean Tirole

Deadly Embrace: Sovereign and Financial Balance Sheets Doom Loops


2015
w21838 Susanto Basu
Brent Bundick

Endogenous Volatility at the Zero Lower Bound: Implications for Stabilization Policy

w21820 Vasco Cúrdia
Michael Woodford

Credit Frictions and Optimal Monetary Policy

w21816 Eric T. Swanson
Measuring the Effects of Unconventional Monetary Policy on Asset Prices

w21814 Saten Kumar
Hassan Afrouzi
Olivier Coibion
Yuriy Gorodnichenko

Inflation Targeting Does Not Anchor Inflation Expectations: Evidence from Firms in New Zealand

w21750 Robin Greenwood
Samuel Hanson
Dimitri Vayanos

Forward Guidance in the Yield Curve: Short Rates versus Bond Supply

w21805 Carmen M. Reinhart
Christoph Trebesch

The International Monetary Fund: 70 Years of Reinvention

w21803 Sydney C. Ludvigson
Sai Ma
Serena Ng

Uncertainty and Business Cycles: Exogenous Impulse or Endogenous Response?

w21799 George J. Hall
Thomas J. Sargent

A History of U.S. Debt Limits

w21796 Michael T. Belongia
Peter N. Ireland

Money and Output: Friedman and Schwartz Revisited

w21784 Matteo Cacciatore
Romain Duval
Giuseppe Fiori
Fabio Ghironi

Short-Term Pain for Long-Term Gain: Market Deregulation and Monetary Policy in Small Open Economies

w21779 Guillaume Rocheteau
Pierre-Olivier Weill
Tsz-Nga Wong

Working through the Distribution: Money in the Short and Long Run

w21772 Lorenz Kueng
Explaining Consumption Excess Sensitivity with Near-Rationality: Evidence from Large Predetermined Payments

w21738 Pooyan Amir Ahmadi
Harald Uhlig

Sign Restrictions in Bayesian FaVARs with an Application to Monetary Policy Shocks

w21732 David Berger
Joseph Vavra

Dynamics of the U.S. Price Distribution

w21728 Farley Grubb
Common Currency versus Currency Union: The U.S. Continental Dollar and Denominational Structure, 1775-1776

w21726 Olivier Blanchard
Eugenio Cerutti
Lawrence Summers

Inflation and Activity – Two Explorations and their Monetary Policy Implications

w21722 Silvia Miranda-Agrippino
Hélène Rey

World Asset Markets and the Global Financial Cycle

w21713 Benjamin M. Friedman
Work and Consumption in an Era of Unbalanced Technological Advance

w21710 Michael D. Bordo
Pierre L. Siklos

Central bank Credibility Before and After the Crisis

w21688 Christopher L. House
Linda L. Tesar

Greek Budget Realities: No Easy Options

w21686 Felipe S. Iachan
Plamen T. Nenov
Alp Simsek

The Choice Channel of Financial Innovation

w21670 Ricardo J. Caballero
Emmanuel Farhi
Pierre-Olivier Gourinchas

Global Imbalances and Currency Wars at the ZLB.

w21667 David Berger
Veronica Guerrieri
Guido Lorenzoni
Joseph Vavra

House Prices and Consumer Spending

w21664 Carmen M. Reinhart
Christoph Trebesch

The Pitfalls of External Dependence: Greece, 1829-2015

w21646 Gita Gopinath
The International Price System

w21642 Jeffrey Clemens
Joshua D. Gottlieb
Tímea Laura Molnár

The Anatomy of Physician Payments: Contracting Subject to Complexity

w21626 Vadim Elenev
Tim Landvoigt
Stijn Van Nieuwerburgh

Phasing Out the GSEs

w21619 Olivier Blanchard
Jonathan D. Ostry
Atish R. Ghosh
Marcos Chamon

Are Capital Inflows Expansionary or Contractionary? Theory, Policy Implications, and Some Evidence

w21614 Mariana García-Schmidt
Michael Woodford

Are Low Interest Rates Deflationary? A Paradox of Perfect-Foresight Analysis

w21599 Louis Phaneuf
Eric R. Sims
Jean Gardy Victor

Inflation, Output, and Markup Dynamics with Forward-Looking Wage and Price Setters

w21581 Atif R. Mian
Amir Sufi
Emil Verner

Household Debt and Business Cycles Worldwide

w21576 Peter N. Ireland
Monetary Policy, Bond Risk Premia, and the Economy

w21569 Jeremy C. Stein
Adi Sunderam

Gradualism in Monetary Policy: A Time-Consistency Problem?

w21567 Sumit Agarwal
Souphala Chomsisengphet
Neale Mahoney
Johannes Stroebel

Do Banks Pass Through Credit Expansions to Consumers Who Want to Borrow?

w21550 Andrew B. Abel
Crowding Out in Ricardian Economies

w21549 Andrew B. Abel
The Analytics of Investment, q, and Cash Flow

w21528 Ricardo Lagos
Shengxing Zhang

Monetary Exchange in Over-the-Counter Markets: A Theory of Speculative Bubbles, the Fed Model, and Self-fulfilling Liquidity Crises

w21512 Sumit Agarwal
Gene Amromin
Souphala Chomsisengphet
Tomasz Piskorski
Amit Seru
Vincent Yao

Mortgage Refinancing, Consumer Spending, and Competition: Evidence from the Home Affordable Refinancing Program

w21490 Alberto Cavallo
Scraped Data and Sticky Prices

w21486 Òscar Jordà
Moritz Schularick
Alan M. Taylor

Leveraged Bubbles

w21476 James D. Hamilton
Ethan S. Harris
Jan Hatzius
Kenneth D. West

The Equilibrium Real Funds Rate: Past, Present and Future

w21448 Iván Werning
Incomplete Markets and Aggregate Demand

w21430 Jordi Galí
Hysteresis and the European Unemployment Problem Revisited

w21420 Julio Garín
Robert Lester
Eric Sims

On the Desirability of Nominal GDP Targeting

w21392 Guido Ascari
Louis Phaneuf
Eric Sims

On the Welfare and Cyclical Implications of Moderate Trend Inflation

w21386 Steffen Andersen
John Y. Campbell
Kasper Meisner Nielsen
Tarun Ramadorai

Inattention and Inertia in Household Finance: Evidence from the Danish Mortgage Market

w21369 Jonathan Parker
Why Don't Households Smooth Consumption? Evidence from a 25 Million Dollar Experiment

w21350 Carmen M. Reinhart
The Antecedents and Aftermath of Financial Crises as told by Carlos F. Díaz Alejandro

w21341 Eugene N. White
Protecting Financial Stability in the Aftermath of World War I: The Federal Reserve Bank of Atlanta's Dissenting Policy

w21336 Saroj Bhattarai
Gauti B. Eggertsson
Bulat Gafarov

Time Consistency and the Duration of Government Debt: A Signalling Theory of Quantitative Easing

w21334 Juliane Begenau
Monika Piazzesi
Martin Schneider

Banks' Risk Exposures

w21333 Carmen M. Reinhart
Miguel Angel Santos

From Financial Repression to External Distress: The Case of Venezuela

w21328 Fernando Alvarez
Gadi Barlevy

Mandatory Disclosure and Financial Contagion

w21320 Manuel Adelino
Antoinette Schoar
Felipe Severino

Loan Originations and Defaults in the Mortgage Crisis: Further Evidence

w21318 Aviv Nevo
Arlene Wong

The Elasticity of Substitution Between Time and Market Goods: Evidence from the Great Recession

w21316 Atif Mian
Amir Sufi
Nasim Khoshkhou

Government Economic Policy, Sentiments, and Consumption

w21305 Florentin Butaru
QingQing Chen
Brian Clark
Sanmay Das
Andrew W. Lo
Akhtar Siddique

Risk and Risk Management in the Credit Card Industry

w21297 Naci H. Mocan
Luiza Pogorelova

Why Work More? The Impact of Taxes, and Culture of Leisure on Labor Supply in Europe

w21282 James H. Stock
Mark W. Watson

Core Inflation and Trend Inflation

w21261 Fernando Ferreira
Joseph Gyourko

A New Look at the U.S. Foreclosure Crisis: Panel Data Evidence of Prime and Subprime Borrowers from 1997 to 2012

w21260 Nicola Gennaioli
Yueran Ma
Andrei Shleifer

Expectations and Investment

w21252 Regis Barnichon
Andrew Figura

Declining Desire to Work and Downward Trends in Unemployment and Participation

w21251 Dominick Bartelme
Yuriy Gorodnichenko

Linkages and Economic Development

w21244 Chun Chang
Kaiji Chen
Daniel F. Waggoner
Tao Zha

Trends and Cycles in China's Macroeconomy

w21228 Nicola Fuchs-Schuendeln
Tarek Alexander Hassan

Natural Experiments in Macroeconomics

w21226 Ricardo Reis
Different Types of Central Bank Insolvency and the Central Role of Seignorage

w21220 Claudia R. Sahm
Matthew D. Shapiro
Joel Slemrod

Balance-Sheet Households and Fiscal Stimulus: Lessons from the Payroll Tax Cut and Its Expiration

w21203 Atif Mian
Amir Sufi

Household Debt and Defaults from 2000 to 2010: Facts from Credit Bureau Data

w21201 Miguel Faria-e-Castro
Joseba Martinez
Thomas Philippon

Runs versus Lemons: Information Disclosure and Fiscal Capacity

w21199 Jae Song
David J. Price
Fatih Guvenen
Nicholas Bloom
Till von Wachter

Firming Up Inequality

w21182 Ian Dew-Becker
Stefano Giglio
Anh Le
Marius Rodriguez

The Price of Variance Risk

w21179 Guillaume Rocheteau
Pierre-Olivier Weill
Tsz-Nga Wong

A Tractable Model of Monetary Exchange with Ex-post Heterogeneity

w21173 Robert E. Hall
Ricardo Reis

Maintaining Central-Bank Financial Stability under New-Style Central Banking

w21172 Evgenia Passari
Hélène Rey

Financial Flows and the International Monetary System

w21162 Hélène Rey
Dilemma not Trilemma: The global Financial Cycle and Monetary Policy Independence

w21158 Philippe Bacchetta
Elena Perazzi
Eric van Wincoop

Self-Fulfilling Debt Crises: Can Monetary Policy Really Help?

w21121 Luigi Guiso
Paola Sapienza
Luigi Zingales

Monnet's Error?

w21112 Hanming Fang
Quanlin Gu
Wei Xiong
Li-An Zhou

Demystifying the Chinese Housing Boom

w21110 Fernando Alvarez
Francesco Lippi

Cash burns: An inventory model with a cash-credit choice

w21094 David G. Blanchflower
Andrew T. Levin

Labor Market Slack and Monetary Policy

w21092 Olivier Coibion
Yuriy Gorodnichenko
Saten Kumar

How Do Firms Form Their Expectations? New Survey Evidence

w21056 Francesco Bianchi
Rare Events, Financial Crises, and the Cross-Section of Asset Returns

w21039 Alan M. Taylor
Credit, Financial Stability, and the Macroeconomy

w21025 Michael Gelman
Shachar Kariv
Matthew D. Shapiro
Dan Silverman
Steven Tadelis

How Individuals Smooth Spending: Evidence from the 2013 Government Shutdown Using Account Data

w21021 Christina D. Romer
David H. Romer

New Evidence on the Impact of Financial Crises in Advanced Countries

w21017 Michael Bordo
Harold James

Capital Flows and Domestic and International Order: Trilemmas from Macroeconomics to Political Economy and International Relations

w21007 Erik Hurst
Benjamin J. Keys
Amit Seru
Joseph S. Vavra

Regional Redistribution Through the U.S. Mortgage Market

w20973 John Ameriks
Joseph S. Briggs
Andrew Caplin
Matthew D. Shapiro
Christopher Tonetti

Long-Term Care Utility and Late in Life Saving

w20972 John Ameriks
Andrew Caplin
Minjoon Lee
Matthew D. Shapiro
Christopher Tonetti

The Wealth of Wealthholders

w20947 Atif R. Mian
Amir Sufi

Fraudulent Income Overstatement on Mortgage Applications during the Credit Expansion of 2002 to 2005

w20913 Fatih Guvenen
Fatih Karahan
Serdar Ozkan
Jae Song

What Do Data on Millions of U.S. Workers Reveal about Life-Cycle Earnings Risk?

w20898 Pranjul Bhandari
Jeffrey A. Frankel

Nominal GDP Targeting for Developing Countries

w20882 Alisdair McKay
Emi Nakamura
Jón Steinsson

The Power of Forward Guidance Revisited

w20874 Alejandro Justiniano
Giorgio E. Primiceri
Andrea Tambalotti

Credit Supply and the Housing Boom

w20865 Daron Acemoglu
Asuman Ozdaglar
Alireza Tahbaz-Salehi

Microeconomic Origins of Macroeconomic Tail Risks

w20862 Martin S. Feldstein
Ending the Euro Crisis?

w20860 Kristin Forbes
Marcel Fratzscher
Roland Straub

Capital Flow Management Measures: What Are They Good For?

w20848 Manuel Adelino
Antoinette Schoar
Felipe Severino

Loan Originations and Defaults in the Mortgage Crisis: The Role of the Middle Class

w20832 Richard S. Grossman
Hugh Rockoff

Fighting the Last War: Economists on the Lender of Last Resort

w20827 Alberto Alesina
Omar Barbiero
Carlo Favero
Francesco Giavazzi
Matteo Paradisi

Austerity in 2009-2013

w20824 Michael D. Bordo
Pierre L. Siklos

Central Bank Credibility: An Historical and Quantitative Exploration

w20823 Monika Piazzesi
Martin Schneider
Johannes Stroebel

Segmented Housing Search


Generated Fri Aug 26 00:00:35 2016

 
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