Monetary Economics Archive
2011
|
|
w17717 |
Gregor Matvos Amit Seru
|
Resource Allocation within Firms and Financial Market Dislocation: Evidence from Diversified Conglomerates |
|
w17691 |
Nicolas Coeurdacier Hélène Rey
|
Home Bias in Open Economy Financial Macroeconomics |
|
w17682 |
Charles Goodhart
|
Global Macroeconomic and Financial Supervision: Where Next? |
|
w17670 |
Nicolas E. Magud Carmen M. Reinhart Esteban R. Vesperoni
|
Capital Inflows, Exchange Rate Flexibility, and Credit Booms |
|
w17662 |
Emmanuel Farhi Gita Gopinath Oleg Itskhoki
|
Fiscal Devaluations |
|
w17622 |
Fatih Guvenen
|
Macroeconomics With Heterogeneity: A Practical Guide |
|
w17621 |
Òscar Jordà Moritz HP. Schularick Alan M. Taylor
|
When Credit Bites Back: Leverage, Business Cycles, and Crises |
|
w17617 |
Martin S. Feldstein
|
The Euro and European Economic Conditions |
|
w17597 |
Douglas A. Irwin
|
Anticipating the Great Depression? Gustav Cassel’s Analysis of the Interwar Gold Standard |
|
w17595 |
Douglas A. Irwin
|
Gold Sterilization and the Recession of 1937-38 |
|
w17594 |
Gita Gopinath Oleg Itskhoki Brent Neiman
|
Trade Prices and the Global Trade Collapse of 2008-2009 |
|
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 |
|
w17566 |
Fernando E. Alvarez Francesco Lippi
|
Persistent Liquidity Effects and Long Run Money Demand |
|
w17555 |
Arvind Krishnamurthy Annette Vissing-Jorgensen
|
The Effects of Quantitative Easing on Interest Rates: Channels and Implications for Policy |
|
w17516 |
John Y. Campbell João F. Cocco
|
A Model of Mortgage Default |
|
w17500 |
Yiting Li Guillaume Rocheteau Pierre-Olivier Weill
|
Liquidity and the Threat of Fraudulent Assets |
|
w17492 |
Michael D. Bordo Harold James
|
Reserves and Baskets |
|
w17489 |
Florin O. Bilbiie Ippei Fujiwara Fabio Ghironi
|
Optimal Monetary Policy with Endogenous Entry and Product Variety |
|
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 |
|
w17431 |
Gilles St. Paul
|
Toward a Political Economy of Macroeconomic Thinking |
|
w17425 |
Michael D. Bordo Owen F. Humpage Anna J. Schwartz
|
The Federal Reserve as an Informed Foreign Exchange Trader: 1973 – 1995 |
|
w17424 |
Yuriy Gorodnichenko Anna Mikusheva Serena Ng
|
Estimators for Persistent and Possibly Non-Stationary Data with Classical Properties |
|
w17391 |
Emi Nakamura Jón Steinsson
|
Fiscal Stimulus in a Monetary Union: Evidence from U.S. Regions |
|
w17380 |
Michael D. Bordo Agnieszka Markiewicz Lars Jonung
|
A Fiscal Union for the Euro: Some Lessons from History |
|
w17379 |
Maurice Obstfeld
|
International Liquidity: The Fiscal Dimension |
|
w17353 |
Pierre-Olivier Gourinchas Hélène Rey Kai Truempler
|
The Financial Crisis and The Geography of Wealth Transfers |
|
w17344 |
Ivan Werning
|
Managing a Liquidity Trap: Monetary and Fiscal Policy |
|
w17328 |
Robert J. Barro José F. Ursua
|
Rare Macroeconomic Disasters |
|
w17323 |
Stephen A. Ross
|
The Recovery Theorem |
|
w17321 |
Marcin Kacperczyk Philipp Schnabl
|
Implicit Guarantees and Risk Taking: Evidence from Money Market Funds |
|
w17305 |
Takero Doi Takeo Hoshi Tatsuyoshi Okimoto
|
Japanese Government Debt and Sustainability of Fiscal Policy |
|
w17274 |
Laurence M. Ball Nicolás De Roux Marc Hofstetter
|
Unemployment in Latin America and the Caribbean |
|
w17272 |
Carlo Favero Francesco Giavazzi Jacopo Perego
|
Country Heterogeneity and the International Evidence on the Effects of Fiscal Policy |
|
w17240 |
Jonathan A. Parker
|
On Measuring the Effects of Fiscal Policy in Recessions |
|
w17229 |
George-Marios Angeletos Luigi Iovino Jennifer La'O
|
Cycles, Gaps, and the Social Value of Information |
|
w17197 |
Robin Greenwood Samuel G. Hanson
|
Issuer Quality and the Credit Cycle |
|
w17191 |
Francois Gourio Leena Rudanko
|
Customer Capital |
|
w17154 |
Jonathan H. Wright
|
What does Monetary Policy do to Long-Term Interest Rates at the Zero Lower Bound? |
|
w17144 |
Efraim Benmelech Nittai K. Bergman Amit Seru
|
Financing Labor |
|
w17140 |
Hyungsik Roger Moon Frank Schorfheide Eleonora Granziera Mihye Lee
|
Inference for VARs Identified with Sign Restrictions |
|
w17133 |
Gianluca Benigno Pierpaolo Benigno Salvatore Nisticò
|
Risk, Monetary Policy and the Exchange Rate |
|
w17129 |
Isaac Mbiti David N. Weil
|
Mobile Banking: The Impact of M-Pesa in Kenya |
|
w17123 |
Richard C.K. Burdekin Kris James Mitchener Marc D. Weidenmier
|
Irving Fisher and Price-Level Targeting in Austria: Was Silver the Answer? |
|
w17090 |
Lieven Baele Geert Bekaert Seonghoon Cho Koen Inghelbrecht Antonio Moreno
|
Macroeconomic Regimes |
|
w17084 |
Jordi Galí Frank Smets Rafael Wouters
|
Unemployment in an Estimated New Keynesian Model |
|
w17076 |
Deniz Igan Prachi Mishra Thierry Tressel
|
A Fistful of Dollars: Lobbying and the Financial Crisis |
|
w17071 |
Alejandro Justiniano Giorgio E. Primiceri Andrea Tambalotti
|
Is there a trade-off between inflation and output stabilization? |
|
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 |
|
w17029 |
N. Gregory Mankiw Matthew C. Weinzierl
|
An Exploration of Optimal Stabilization Policy |
|
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 |
|
w17038 |
Rüdiger Fahlenbrach Robert Prilmeier René M. Stulz
|
This Time Is the Same: Using Bank Performance in 1998 to Explain Bank Performance During the Recent Financial Crisis |
|
w17034 |
Olivier Coibion
|
Are the Effects of Monetary Policy Shocks Big or Small? |
|
w17026 |
Francois Gourio
|
Credit Risk and Disaster Risk |
|
w17024 |
Michael D. Bordo Peter L. Rousseau
|
Historical Evidence on the Finance-Trade-Growth Nexus |
|
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 |
|
w16994 |
Douglas W. Diamond Raghuram Rajan
|
Illiquid Banks, Financial Stability, and Interest Rate Policy |
|
w16988 |
Igal Hendel Aviv Nevo
|
Intertemporal Price Discrimination in Storable Goods Markets |
|
w16979 |
Fiorella De Fiore Harald Uhlig
|
Bank Finance Versus Bond Finance |
|
w16967 |
Manju Puri Jörg Rocholl Sascha Steffen
|
Global retail lending in the aftermath of the US financial crisis: Distinguishing between supply and demand effects |
|
w16965 |
Thomas Philippon Virgiliu Midrigan
|
Household Leverage and the Recession |
|
w16956 |
James D. Hamilton Jing Cynthia Wu
|
The Effectiveness of Alternative Monetary Policy Tools in a Zero Lower Bound Environment |
|
w16946 |
Michael D. Bordo Owen F. Humpage Anna J. Schwartz
|
U.S. Intervention During the Bretton Woods Era: 1962-1973 |
|
w16941 |
Isil Erel Brandon Julio Woojin Kim Michael S. Weisbach
|
Macroeconomic Conditions and Capital Raising |
|
w16931 |
James D. Hamilton Jing Cynthia Wu
|
Testable Implications of Affine Term Structure Models |
|
w16925 |
Gabriel P. Mathy Christopher M. Meissner
|
Trade, Exchange Rate Regimes and Output Co-Movement: Evidence from the Great Depression |
|
w16911 |
Xavier Gabaix
|
A Sparsity-Based Model of Bounded Rationality |
|
w16910 |
William Poole Robert H. Rasche David C. Wheelock
|
The Great Inflation: Did the Shadow Know Better? |
|
w16903 |
Carolin E. Pflueger Luis M. Viceira
|
Inflation-Indexed Bonds and the Expectations Hypothesis |
|
w16893 |
Carmen M. Reinhart M. Belen Sbrancia
|
The Liquidation of Government Debt |
|
w16892 |
Carolin E. Pflueger Luis M. Viceira
|
An Empirical Decomposition of Risk and Liquidity in Nominal and Inflation-Indexed Government Bonds |
|
w16890 |
Lisa D. Cook
|
Were the Nigerian Banking Reforms of 2005 A Success ... And for the Poor? |
|
w16883 |
Jeremy C. Stein
|
Monetary Policy as Financial-Stability Regulation |
|
w16845 |
Paul Bloxham Christopher Kent Michael Robson
|
Asset Prices, Credit Growth, Monetary and Other Policies: An Australian Case Study |
|
w16847 |
Stephanie Schmitt-Grohé Martin Uríbe
|
Pegs and Pain |
|
w16827 |
Carmen M. Reinhart Kenneth S. Rogoff
|
A Decade of Debt |
|
w16825 |
Eugene N. White
|
“To Establish a More Effective Supervision of Banking”: How the Birth of the Fed Altered Bank Supervision |
|
w16815 |
Carmen M. Reinhart Vincent Reinhart
|
Pride Goes Before a Fall: Federal Reserve Policy and Asset Markets |
|
w16805 |
Nicolas E. Magud Carmen M. Reinhart Kenneth S. Rogoff
|
Capital Controls: Myth and Reality - A Portfolio Balance Approach |
|
w16787 |
Santiago Carbo-Valverde Edward J. Kane Francisco Rodriguez-Fernandez
|
Safety-Net Benefits Conferred on Difficult-to-Fail-and-Unwind Banks in the US and EU Before and During the Great Recession |
|
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 |
|
w16764 |
Alexander David Pietro Veronesi
|
Investor and Central Bank Uncertainty and Fear Measures Embedded in Index Options |
|
w16763 |
Michael D. Bordo David C. Wheelock
|
The Promise and Performance of the Federal Reserve as Lender of Last Resort 1914-1933 |
|
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 |
|
w16750 |
Emmanuel Farhi Jean Tirole
|
Bubbly Liquidity |
|
w16727 |
Thomas Philippon Philipp Schnabl
|
Informational Rents, Macroeconomic Rents, and Efficient Bailouts |
|
w16725 |
Jon Faust Simon Gilchrist Jonathan H. Wright Egon Zakrajsek
|
Credit Spreads as Predictors of Real-Time Economic Activity: A Bayesian Model-Averaging Approach |
|
w16707 |
Olivier Coibion Yuriy Gorodnichenko
|
Why Are Target Interest Rate Changes So Persistent? |
|
w16688 |
Charles W. Calomiris Joseph Mason David Wheelock
|
Did Doubling Reserve Requirements Cause the Recession of 1937-1938? A Microeconomic Approach |
|
w16684 |
Jonathan A. Parker Nicholas S. Souleles David S. Johnson Robert McClelland
|
Consumer Spending and the Economic Stimulus Payments of 2008 |
|
w16681 |
Peter N. Ireland
|
Stochastic Growth in the United States and Euro Area |
|
w16680 |
Judith A. Chevalier Anil K Kashyap
|
Best Prices |
2010
|
|
w16647 |
Michael D. Bordo Owen F. Humpage Anna J. Schwartz
|
U.S. Foreign-Exchange-Market Intervention and the Early Dollar Float: 1973 – 1981 |
|
w16654 |
Lars E.O. Svensson
|
Inflation Targeting |
|
w16633 |
Gianluca Benigno Pierpaolo Benigno Salvatore Nisticò
|
Second-Order Approximation of Dynamic Models with Time-Varying Risk |
|
w16620 |
Julio J. Rotemberg
|
A Behavioral Model of Demandable Deposits and its Implications for Financial Regulation |
|
w16609 |
Frederic S. Mishkin
|
Over The Cliff: From the Subprime to the Global Financial Crisis |
|
w16595 |
Gabriel Jiménez Atif R. Mian José-Luis Peydró Jesús Saurina
|
Local Versus Aggregate Lending Channels: The Effects Of Securitization On Corporate Credit Supply In Spain |
|
w16589 |
Michael D. Bordo John S. Landon-Lane
|
The Global Financial Crisis of 2007-08: Is it Unprecedented? |
|
w16577 |
Jonathan A. Parker Annette Vissing-Jorgensen
|
The Increase in Income Cyclicality of High-Income Households and its Relation to the Rise in Top Income Shares |
|
w16567 |
Òscar Jordà Moritz Schularick Alan M. Taylor
|
Financial Crises, Credit Booms, and External Imbalances: 140 Years of Lessons |
|
w16537 |
Olivier Coibion Yuriy Gorodnichenko
|
Information Rigidity and the Expectations Formation Process: A Simple Framework and New Facts |
|
w16532 |
James H. Stock Mark W. Watson
|
Estimating Turning Points Using Large Data Sets |
|
w16522 |
Roger E.A. Farmer
|
Animal Spirits, Persistent Unemployment and the Belief Function |
|
w16514 |
Stephanie Schmitt-Grohé Martín Uribe
|
Liquidity Traps: An Interest-Rate-Based Exit Strategy |
|
w16505 |
John F. Cogan John B. Taylor
|
What the Government Purchases Multiplier Actually Multiplied in the 2009 Stimulus Package |
|
w16488 |
James H. Stock Mark W. Watson
|
Modeling Inflation After the Crisis |
|
w16478 |
Joshua Aizenman Gurnain Kaur Pasricha
|
Fiscal fragility: what the past may say about the future |
|
w16460 |
Mark Carlson Kris James Mitchener Gary Richardson
|
Arresting Banking Panics: Fed Liquidity Provision and the Forgotten Panic of 1929 |
|
w16458 |
Antje Berndt Hanno Lustig Sevin Yeltekin
|
How Does the U.S. Government Finance Fiscal Shocks? |
|
w16420 |
Peter N. Ireland
|
A New Keynesian Perspective on the Great Recession |
|
w16412 |
James D. Hamilton Seth Pruitt Scott Borger
|
Estimating the Market-Perceived Monetary Policy Rule |
|
w16401 |
Yongsung Chang Sun-Bin Kim Frank Schorfheide
|
Labor-Market Heterogeneity, Aggregation, and the Lucas Critique |
|
w16397 |
Geert Bekaert Marie Hoerova Marco Lo Duca
|
Risk, Uncertainty and Monetary Policy |
|
w16395 |
Viral V. Acharya Ouarda Merrouche
|
Precautionary Hoarding of Liquidity and Inter-Bank Markets: Evidence from the Sub-prime Crisis |
|
w16393 |
Pedro Teles Harald Uhlig
|
Is Quantity Theory Still Alive? |
|
w16386 |
Pierpaolo Benigno Luigi Paciello
|
Monetary Policy, Doubts and Asset Prices |
|
w16385 |
Ke Tang Wei Xiong
|
Index Investment and Financialization of Commodities |
|
w16384 |
Jordi Galí
|
Are Central Banks' Projections Meaningful? |
|
w16377 |
Olivier Jeanne Anton Korinek
|
Managing Credit Booms and Busts: A Pigouvian Taxation Approach |
|
w16374 |
Pierpaolo Benigno Luca Antonio Ricci Paolo Surico
|
Unemployment and Productivity in the Long Run: The Role of Macroeconomic Volatility |
|
w16365 |
Michael D. Bordo John Landon-Lane
|
The Lessons from the Banking Panics in the United States in the 1930s for the Financial Crisis of 2007-2008 |
|
w16364 |
Patrick J. Kehoe Virgiliu Midrigan
|
Prices are Sticky After All |
|
w16358 |
Matthias Fleckenstein Francis A. Longstaff Hanno Lustig
|
Why Does the Treasury Issue Tips? The Tips–Treasury Bond Puzzle |
|
w16351 |
Atif Mian Amir Sufi
|
The Effects of Fiscal Stimulus: Evidence from the 2009 ‘Cash for Clunkers’ Program |
|
w16350 |
Douglas A. Irwin
|
Did France Cause the Great Depression? |
|
w16345 |
Michael D. Bordo Owen F. Humpage Anna J. Schwartz
|
U.S. Foreign-Exchange-Market Intervention during the Volcker-Greenspan Era |
|
w16342 |
Melvin Stephens Jr. Takashi Unayama
|
The Consumption Response to Seasonal Income: Evidence from Japanese Public Pension Benefits |
|
w16337 |
Adam Ashcraft Nicolae Gârleanu Lasse Heje Pedersen
|
Two Monetary Tools: Interest Rates and Haircuts |
|
w16334 |
Carmen M. Reinhart Vincent R. Reinhart
|
After the Fall |
|
w16290 |
Rahul Anand Eswar S. Prasad
|
Optimal Price Indices for Targeting Inflation Under Incomplete Markets |
|
w16283 |
Brent Neiman
|
A State-Dependent Model of Intermediate Goods Pricing |
|
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? |
|
w16231 |
Takatoshi Ito Satoshi Koibuchi Kiyotaka Sato Junko Shimizu
|
Why has the yen failed to become a dominant invoicing currency in Asia? A firm-level analysis of Japanese Exporters' invoicing behavior |
|
w16228 |
Francesco Giavazzi Alberto Giovannini
|
Central Banks and the Financial System |
|
w16218 |
David K. Backus Federico Gavazzoni Christopher Telmer Stanley E. Zin
|
Monetary Policy and the Uncovered Interest Parity Puzzle |
|
w16208 |
Vasco Curdia Michael Woodford
|
The Central-Bank Balance Sheet as an Instrument of Monetary Policy |
|
w16200 |
Efraim Benmelech Nittai K. Bergman
|
Credit Traps |
|
w16182 |
Kimie Harada Takatoshi Ito Shuhei Takahashi
|
Is the Distance to Default a Good Measure in Predicting Bank Failures? Case Studies |
|
w16168 |
Rong Qian Carmen M. Reinhart Kenneth S. Rogoff
|
On Graduation from Default, Inflation and Banking Crisis: Elusive or Illusion? |
|
w16165 |
Benjamin M. Friedman Kenneth N. Kuttner
|
Implementation of Monetary Policy: How Do Central Banks Set Interest Rates? |
|
w16150 |
Jan Hatzius Peter Hooper Frederic S. Mishkin Kermit L. Schoenholtz Mark W. Watson
|
Financial Conditions Indexes: A Fresh Look after the Financial Crisis |
|
w16145 |
Christopher L. House Yusufcan Masatlioglu
|
Managing Markets for Toxic Assets |
|
w16143 |
Ruediger Bachmann Steffen Elstner Eric R. Sims
|
Uncertainty and Economic Activity: Evidence from Business Survey Data |
|
w16130 |
Alessandro Barattieri Susanto Basu Peter Gottschalk
|
Some Evidence on the Importance of Sticky Wages |
|
w16124 |
Laurence M. Ball
|
The Performance of Alternative Monetary Regimes |
|
w16095 |
Michael Woodford
|
Optimal Monetary Stabilization Policy |
|
w16093 |
Olivier Coibion Yuriy Gorodnichenko Johannes F. Wieland
|
The Optimal Inflation Rate in New Keynesian Models |
|
w16092 |
Zheng Xueyi Yaguang Zhang John Whalley
|
Monetary Theory from a Chinese Historical Perspective |
|
w16081 |
Mario J. Crucini Mototsugu Shintani Takayuki Tsuruga
|
Do Sticky Prices Increase Real Exchange Rate Volatility at the Sector Level? |
|
w16067 |
Valerie A. Ramey Daniel J. Vine
|
Oil, Automobiles, and the U.S. Economy: How Much have Things Really Changed? |
|
w16065 |
Gita Gopinath Oleg Itskhoki
|
In Search of Real Rigidities |
|
w16063 |
Daniel Paravisini Veronica Rappoport Enrichetta Ravina
|
Risk Aversion and Wealth: Evidence from Person-to-Person Lending Portfolios |
|
w16054 |
Stephanie Schmitt-Grohe Martin Uribe
|
The Optimal Rate of Inflation |
|
w16031 |
Lucian A. Bebchuk Itay Goldstein
|
Self-Fulfilling Credit Market Freezes |
|
w15979 |
Michael W. Elsby Bart Hobijn Aysegul Sahin
|
The Labor Market in the Great Recession |
|
w16027 |
Michael D. Bordo David Hargreaves Mizuho Kida
|
Global shocks, economic growth and financial crises: 120 years of New Zealand experience |
|
w15988 |
Jack Favilukis Sydney C. Ludvigson Stijn Van Nieuwerburgh
|
The Macroeconomic Effects of Housing Wealth, Housing Finance, and Limited Risk-Sharing in General Equilibrium |
|
w15986 |
Marc P. Giannoni
|
Optimal Interest-Rate Rules in a Forward-Looking Model, and Inflation Stabilization versus Price-Level Stabilization |
|
w15934 |
Willem H. Buiter Urjit R. Patel
|
Fiscal Rules in India: Are They Effective? |
|
w15927 |
Olivier Jeanne Anton Korinek
|
Excessive Volatility in Capital Flows: A Pigouvian Taxation Approach |
|
w15920 |
Emi Nakamura Jón Steinsson Robert Barro José Ursúa
|
Crises and Recoveries in an Empirical Model of Consumption Disasters |
|
w15919 |
Zhiguo He In Gu Khang Arvind Krishnamurthy
|
Balance Sheet Adjustments in the 2008 Crisis |
|
w15908 |
John B. Taylor John C. Williams
|
Simple and Robust Rules for Monetary Policy |
|
w15902 |
Robert J. Barro Jong-Wha Lee
|
A New Data Set of Educational Attainment in the World, 1950–2010 |
|
w15896 |
Atif R. Mian Amir Sufi
|
Household Leverage and the Recession of 2007 to 2009 |
|
w15879 |
Jean Boivin Michael T. Kiley Frederic S. Mishkin
|
How Has the Monetary Transmission Mechanism Evolved Over Time? |
|
w15871 |
Jordi Galí
|
Monetary Policy and Unemployment |
|
w15817 |
Marcus Miller Joseph E. Stiglitz
|
Leverage and Asset Bubbles: Averting Armageddon with Chapter 11? |
|
w15852 |
Fernando E. Alvarez Francesco Lippi Luigi Paciello
|
Optimal price setting with observation and menu costs |
|
w15842 |
Pierpaolo Benigno Ester Faia
|
Globalization, Pass-Through and Inflation Dynamic |
|
w15835 |
Fernando E. Alvarez Luigi Guiso Francesco Lippi
|
Durable consumption and asset management with transaction and observation costs |
|
w15826 |
Peter J. Klenow Benjamin A. Malin
|
Microeconomic Evidence on Price-Setting |
|
w15809 |
Yacine Aït-Sahalia Jochen Andritzky Andreas Jobst Sylwia Nowak Natalia Tamirisa
|
Market Response to Policy Initiatives during the Global Financial Crisis |
|
w15802 |
Diego Aragon Andrew Caplin Sumit Chopra John V. Leahy Yann LeCun Marco Scoffier Joseph Tracy
|
Reassessing FHA Risk |
|
w15794 |
Joshua Angrist Jörn-Steffen Pischke
|
The Credibility Revolution in Empirical Economics: How Better Research Design is Taking the Con out of Econometrics |
|
w15787 |
Gary B. Gorton
|
Questions and Answers about the Financial Crisis |
|
w15785 |
Thomas Philippon Vasiliki Skreta
|
Optimal Interventions in Markets with Adverse Selection |
|
w15777 |
Casey B. Mulligan
|
Foreclosures, Enforcement, and Collections under the Federal Mortgage Modification Guidelines |
|
w15774 |
Vasco Cúrdia Ricardo Reis
|
Correlated Disturbances and U.S. Business Cycles |
|
w15773 |
N. Gregory Mankiw Ricardo Reis
|
Imperfect Information and Aggregate Supply |
|
w15741 |
Wojciech Kopczuk
|
Economics of estate taxation: a brief review of theory and evidence |
|
w15770 |
Peter L. Rousseau
|
The Market for Bank Stocks and the Rise of Deposit Banking in New York City, 1866-1897 |
|
w15767 |
Pedro S. Martins Gary Solon Jonathan Thomas
|
Measuring What Employers Really Do about Entry Wages over the Business Cycle |
|
w15763 |
Linda S. Goldberg Craig Kennedy Jason Miu
|
Central Bank Dollar Swap Lines and Overseas Dollar Funding Costs |
|
w15762 |
Pierpaolo Benigno Luca Antonio Ricci
|
The Inflation-Output Trade-off with Downward Wage Rigidities |
|
w15759 |
David Laibson Johanna Mollerstrom
|
Capital Flows, Consumption Booms and Asset Bubbles: A Behavioural Alternative to the Savings Glut Hypothesis |
|
w15758 |
Jordi Galí
|
The Return of the Wage Phillips Curve |
|
w15757 |
Marc P. Giannoni Michael Woodford
|
Optimal Target Criteria for Stabilization Policy |
|
w15754 |
Christopher J. Nekarda Valerie A. Ramey
|
Industry Evidence on the Effects of Government Spending |
|
w15736 |
James D. Hamilton Tatsuyoshi Okimoto
|
Sources of Variation in Holding Returns for Fed Funds Futures Contracts |
|
w15726 |
Takatoshi Ito
|
Great Inflation and Central Bank Independence in Japan |
|
w15714 |
Michael Woodford
|
Simple Analytics of the Government Expenditure Multiplier |
|
w15708 |
Efraim Benmelech Nittai K. Bergman
|
Bankruptcy and the Collateral Channel |
|
w15702 |
George J. Hall Thomas J. Sargent
|
Interest Rate Risk and Other Determinants of Post-WWII U.S. Government Debt/GDP Dynamics |
|
w15694 |
Daron Acemoglu Pierre Yared
|
Political Limits to Globalization |
|
w15693 |
Daron Acemoglu
|
Institutions, Factor Prices and Taxation: Virtues of Strong States? |
|
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 |
|
w15670 |
Kris James Mitchener Marc D. Weidenmier
|
Searching for Irving Fisher |
|
w15662 |
Ricardo Reis
|
Interpreting the Unconventional U.S. Monetary Policy of 2007-09 |
|
w15653 |
Zhiguo He Wei Xiong
|
Rollover Risk and Credit Risk |
|
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 |
|
w15639 |
Carmen M. Reinhart Kenneth S. Rogoff
|
Growth in a Time of Debt |
|
w15636 |
Ricardo J. Caballero
|
The "Other" Imbalance and the Financial Crisis |
|
w15631 |
Charles Yuji Horioka Shizuka Sekita
|
The Degree of Judicial Enforcement and Credit Markets: Evidence from Japanese Household Panel Data |
|
w15630 |
Andrew Levin John B. Taylor
|
Falling Behind the Curve: A Positive Analysis of Stop-Start Monetary Policies and the Great Inflation |
2009
|
|
w15626 |
Johannes C. Stroebel John B. Taylor
|
Estimated Impact of the Fed’s Mortgage-Backed Securities Purchase Program |
|
w15584 |
Michael D. Bordo Harold James
|
The Great Depression Analogy |
|
w15570 |
Alejandro Justiniano Giorgio E. Primiceri Andrea Tambalotti
|
Investment Shocks and Business Cycles |
|
w15565 |
Volker Wieland
|
Quantitative Easing: A Rationale and Some Evidence from Japan |
|
w15542 |
Arvind Krishnamurthy
|
How Debt Markets have Malfunctioned in the Crisis |
|
w15534 |
Michael D. Bordo Christopher M. Meissner David Stuckler
|
Foreign Currency Debt, Financial Crises and Economic Growth: A Long Run View |
|
w15512 |
Moritz Schularick Alan M. Taylor
|
Credit Booms Gone Bust: Monetary Policy, Leverage Cycles and Financial Crises, 1870–2008 |
|
w15505 |
Stephanie Schmitt-Grohe Martin Uribe
|
On Quality Bias and Inflation Targets |
|
w15494 |
Stephanie Schmitt-Grohé Martín Uribe
|
Foreign Demand for Domestic Currency and the Optimal Rate of Inflation |
|
w15487 |
Dimitri Vayanos Jean-Luc Vila
|
A Preferred-Habitat Model of the Term Structure of Interest Rates |
|
w15482 |
Zhiguo He Wei Xiong
|
Dynamic Debt Runs |
|
w15481 |
Wei Xiong Jialin Yu
|
The Chinese Warrants Bubble |
|
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? |
|
w15424 |
Stephen G. Cecchetti Craig Hakkio
|
Inflation targeting and private sector forecasts |
|
w15421 |
Claudia R. Sahm Matthew D. Shapiro Joel B. Slemrod
|
Household Response to the 2008 Tax Rebate: Survey Evidence and Aggregate Implications |
|
w15414 |
Ricardo Lagos Guillaume Rocheteau Pierre-Olivier Weill
|
Crises and Liquidity in Over-the-Counter Markets |
|
w15399 |
François Gourio
|
Disasters Risk and Business Cycles |
|
w15388 |
David G. Blanchflower Conall MacCoille
|
The formation of inflation expectations: an empirical analysis for the UK |
|
w15385 |
Lars E.O. Svensson
|
Evaluating Monetary Policy |
|
w15379 |
Stephen G. Cecchetti Marion Kohler Christian Upper
|
Financial Crises and Economic Activity |
|
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 |
|
w15369 |
Robert J. Barro Charles J. Redlick
|
Macroeconomic Effects from Government Purchases and Taxes |
|
w15367 |
David O. Lucca Francesco Trebbi
|
Measuring Central Bank Communication: An Automated Approach with Application to FOMC Statements |
|
w15359 |
Emi Nakamura Jón Steinsson
|
Lost in Transit: Product Replacement Bias and Pricing to Market |
|
w15312 |
Robert B. Barsky Eric R. Sims
|
News Shocks |
|
w15306 |
Junhee Lee Joonhyuk Song
|
Nature of Oil Price Shocks and Monetary Policy |
|
w15297 |
Lasse Heje Pedersen
|
When Everyone Runs for the Exit |
|
w15289 |
Vasco Cúrdia Michael Woodford
|
Credit Spreads and Monetary Policy |
|
w15283 |
Atif R. Mian Amir Sufi
|
House Prices, Home Equity-Based Borrowing, and the U.S. Household Leverage Crisis |
|
w15273 |
Gary B. Gorton Andrew Metrick
|
Haircuts |
|
w15270 |
Andrew Ang Jean Boivin Sen Dong Rudy Loo-Kung
|
Monetary Policy Shifts and the Term Structure |
|
w15255 |
Emi Nakamura Dawit Zerom
|
Accounting for Incomplete Pass-Through |
|
w15247 |
Robert J. Barro Tao Jin
|
On the Size Distribution of Macroeconomic Disasters |
|
w15243 |
Fatih Guvenen
|
A Parsimonious Macroeconomic Model for Asset Pricing |
|
w15234 |
Bennett T. McCallum
|
Causality, Structure, and the Uniqueness of Rational Expectations Equilibria |
|
w15223 |
Gary B. Gorton Andrew Metrick
|
Securitized Banking and the Run on Repo |
|
w15208 |
David H. Romer
|
A New Data Set on Monetary Policy: The Economic Forecasts of Individual Members of the FOMC |
|
w15204 |
Anusha Chari Peter Blair Henry Diego Sasson
|
Capital Market Integration and Wages |
|
w15197 |
Douglas W. Diamond Raghuram G. Rajan
|
Illiquidity and Interest Rate Policy |
|
w15187 |
Yuriy Gorodnichenko Serena Ng
|
Estimation of DSGE Models When the Data are Persistent |
|
w15173 |
Laurence M. Ball
|
Policy Responses to Exchange-Rate Movements |
|
w15170 |
John Geanakoplos Stephen P. Zeldes
|
Market Valuation of Accrued Social Security Benefits |
|
w15165 |
John B. Donaldson Natalia Gershun Marc P. Giannoni
|
Some Unpleasant General Equilibrium Implications of Executive Incentive Compensation Contracts |
|
w15158 |
Nuno Cassola Ali Hortacsu Jakub Kastl
|
The 2007 Subprime Market Crisis Through the Lens of European Central Bank Auctions for Short-Term Funds |
|
w15138 |
Emmanuel Farhi Jean Tirole
|
Collective Moral Hazard, Maturity Mismatch and Systemic Bailouts |
|
w15123 |
Espen Henriksen Finn E. Kydland Roman Sustek
|
Globally Correlated Nominal Fluctuations |
|
w15118 |
Willem H. Buiter
|
Negative Nominal Interest Rates: Three ways to overcome the zero lower bound |
|
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 |
|
w15093 |
Shang-Jin Wei Xiaobo Zhang
|
The Competitive Saving Motive: Evidence from Rising Sex Ratios and Savings Rates in China |
|
w15083 |
Raghuram G. Rajan Rodney Ramcharan
|
Land and Credit: A Study of the Political Economy of Banking in the United States in the Early 20th Century |
|
w15072 |
Harald Uhlig
|
A Model of a Systemic Bank Run |
|
w15071 |
N. Gregory Mankiw Matthew Weinzierl Danny Yagan
|
Optimal Taxation in Theory and Practice |
|
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 |
|
w15045 |
Efraim Benmelech Jennifer Dlugosz
|
The Credit Rating Crisis |
|
w15040 |
Arvind Krishnamurthy
|
Amplification Mechanisms in Liquidity Crises |
|
w15029 |
Diego A. Comin Mark Gertler Ana Maria Santacreu
|
Technology Innovation and Diffusion as Sources of Output and Asset Price Fluctuations |
|
w15020 |
Yuko Hashimoto Takatoshi Ito
|
Effects of Japanese Macroeconomic Announcements on the Dollar/Yen Exchange Rate: High-Resolution Picture |
|
w15015 |
Olivier J. Blanchard Jean-Paul L'Huillier Guido Lorenzoni
|
News, Noise, and Fluctuations: An Empirical Exploration |
|
w15014 |
John Y. Campbell Robert J. Shiller Luis M. Viceira
|
Understanding Inflation-Indexed Bond Markets |
|
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 |
|
w14996 |
Harald Uhlig
|
Monetary policy in Europe vs the US: what explains the difference? |
|
w14993 |
Peter L. Rousseau
|
Monetary Policy and the Dollar |
|
w14982 |
George-Marios Angeletos Jennifer La'O
|
Noisy Business Cycles |
|
w14976 |
N. Gregory Mankiw Matthew Weinzierl
|
The Optimal Taxation of Height: A Case Study of Utilitarian Income Redistribution |
|
w14938 |
Gita Gopinath Pierre-Olivier Gourinchas Chang-Tai Hsieh Nicholas Li
|
Estimating the Border Effect: Some New Evidence |
|
w14933 |
Julio J. Rotemberg
|
Altruistic Dynamic Pricing with Customer Regret |
|
w14929 |
Thomas Philippon Philipp Schnabl
|
Efficient Recapitalization |
|
w14927 |
Eyal Dvir Kenneth S. Rogoff
|
Three Epochs of Oil |
|
w14925 |
Douglas W. Diamond Raghuram G. Rajan
|
Fear of Fire Sales and the Credit Freeze |
|
w14904 |
Barry Eichengreen Ashoka Mody Milan Nedeljkovic Lucio Sarno
|
How the Subprime Crisis Went Global: Evidence from Bank Credit Default Swap Spreads |
|
w14902 |
Stefan Laséen Lars E.O. Svensson
|
Anticipated Alternative Instrument-Rate Paths in Policy Simulations |
|
w14895 |
Riccardo DiCecio Edward Nelson
|
The Great Inflation in the United States and the United Kingdom: Reconciling Policy Decisions and Data Outcomes |
|
w14894 |
Riccardo DiCecio Edward Nelson
|
Euro Membership as a U.K. Monetary Policy Option: Results from a Structural Model |
|
w14882 |
Hyungsik Roger Moon Frank Schorfheide
|
Bayesian and Frequentist Inference in Partially Identified Models |
|
w14874 |
Yuriy Gorodnichenko Enrique G. Mendoza Linda L. Tesar
|
The Finnish Great Depression: From Russia with Love |
|
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 |
|
w14863 |
Simon Gilchrist Vladimir Yankov Egon Zakrajsek
|
Credit Market Shocks and Economic Fluctuations: Evidence from Corporate Bond and Stock Markets |
|
w14862 |
Marvin Goodfriend Robert G. King
|
The Great Inflation Drift |
|
w14849 |
John B. Taylor Volker Wieland
|
Surprising Comparative Properties of Monetary Models: Results from a New Data Base |
|
w14846 |
Roger E.A. Farmer
|
Confidence, Crashes and Animal Spirits |
|
w14829 |
Charles Engel
|
Currency Misalignments and Optimal Monetary Policy: A Reexamination |
|
w14824 |
Pierpaolo Benigno
|
New-Keynesian Economics: An AS-AD View |
|
w14818 |
Laurence M. Ball
|
Hysteresis in Unemployment: Old and New Evidence |
|
w14815 |
Ravi Bansal Ivan Shaliastovich
|
Confidence Risk and Asset Prices |
|
w14814 |
Ravi Bansal Ivan Shaliastovich
|
Learning and Asset-Price Jumps |
|
w14787 |
Mark Bils Peter J. Klenow Benjamin A. Malin
|
Reset Price Inflation and the Impact of Monetary Policy Shocks |
|
w14770 |
Jess Benhabib
|
A Note on Regime Switching, Monetary Policy, and Multiple Equilibria |
|
w14761 |
Vasiliki Skreta Laura Veldkamp
|
Ratings Shopping and Asset Complexity: A Theory of Ratings Inflation |
|
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? |
|
w14739 |
Douglas W. Diamond Raghuram Rajan
|
The Credit Crisis: Conjectures about Causes and Remedies |
|
w14735 |
Reint Gropp Anil Kashyap
|
A New Metric for Banking Integration in Europe |
|
w14734 |
Pierpaolo Benigno Salvatore Nisticò
|
International Portfolio Allocation under Model Uncertainty |
|
w14732 |
Ricardo Reis
|
A Sticky-Information General-Equilibrium Model for Policy Analysis |
|
w14722 |
Antonio Fatas Ilian Mihov
|
The Euro and Fiscal Policy |
|
w14710 |
Roger E.A. Farmer Tao Zha Daniel F. Waggoner
|
Understanding Markov-Switching Rational Expectations Models |
|
w14701 |
John Y. Campbell Adi Sunderam Luis M. Viceira
|
Inflation Bets or Deflation Hedges? The Changing Risks of Nominal Bonds |
|
w14678 |
Frederic S. Mishkin
|
Is Monetary Policy Effective During Financial Crises? |
|
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? |
|
w14659 |
Sumit Agarwal Paige M. Skiba Jeremy Tobacman
|
Payday Loans and Credit Cards: New Liquidity and Credit Scoring Puzzles? |
|
w14657 |
Michael D. Bordo Ronald MacDonald Michael J. Oliver
|
Sterling in crisis: 1964-1967 |
|
w14651 |
Oleksiy Kryvtsov Virgiliu Midrigan
|
Inventories, Markups, and Real Rigidities in Menu Cost Models |
|
w14649 |
Gary B. Gorton
|
Information, Liquidity, and the (Ongoing) Panic of 2007 |
|
w14631 |
John B. Taylor
|
The Financial Crisis and the Policy Responses: An Empirical Analysis of What Went Wrong |
2008
|
|
w14621 |
Olivier Coibion Yuriy Gorodnichenko
|
Monetary Policy, Trend Inflation and the Great Moderation: An Alternative Interpretation |
|
w14620 |
Michael Woodford
|
Information-Constrained State-Dependent Pricing |
|
w14617 |
Michael Elsby Bart Hobijn Aysegul Sahin
|
Unemployment Dynamics in the OECD |
|
w14616 |
J. Christina Wang Susanto Basu John G. Fernald
|
A General-Equilibrium Asset-Pricing Approach to the Measurement of Nominal and Real Bank Output |
|
w14612 |
Markus K. Brunnermeier
|
Deciphering the Liquidity and Credit Crunch 2007-08 |
|
w14605 |
Andrew Caplin John Leahy
|
Trading Frictions and House Price Dynamics |
|
w14604 |
Peter Blair Henry Conrad Miller
|
Institutions vs. Policies: A Tale of Two Islands |
|
w14601 |
Kirstin Hubrich Kenneth D. West
|
Forecast Evaluation of Small Nested Model Sets |
|
w14580 |
Loretti I. Dobrescu Laurence J. Kotlikoff Alberto F. Motta
|
Why Aren't Developed Countries Saving? |
|
w14586 |
Olivier Coibion Yuriy Gorodnichenko
|
What Can Survey Forecasts Tell Us About Informational Rigidities? |
|
w14569 |
Michael D. Bordo
|
An Historical Perspective on the Crisis of 2007-2008 |
|
w14562 |
Joshua Aizenman Reuven Glick
|
Sovereign Wealth Funds: Stylized Facts about their Determinants and Governance |
|
w14561 |
Joshua Aizenman Michael Hutchison Ilan Noy
|
Inflation Targeting and Real Exchange Rates in Emerging Markets |
|
w14534 |
Bennett T. McCallum
|
Inflation Determination with Taylor Rules: Is New Keynesian Analysis Critically Flawed? |
|
w14532 |
Michael D. Bordo Barry Eichengreen
|
Bretton Woods and the Great Inflation |
|
w14527 |
Hans Fehr Sabine Jokisch Laurence J. Kotlikoff
|
Dynamic Globalization and Its Potentially Alarming Prospects for Low-Wage Workers |
|
w14514 |
Casey B. Mulligan
|
A Depressing Scenario: Mortgage Debt Becomes Unemployment Insurance |
|
w14510 |
Malin Adolfson Stefan Laséen Jesper Lindé Lars E.O. Svensson
|
Monetary Policy Trade-Offs in an Estimated Open-Economy DSGE Model |
|
w14509 |
Diego A. Comin
|
An Exploration of the Japanese Slowdown during the 1990s |
|
w14489 |
Stephen G. Cecchetti Kermit L. Schoenholtz
|
How Central Bankers See It: The First Decade of ECB Policy and Beyond |
|
w14473 |
Markus K. Brunnermeier Stefan Nagel Lasse H. Pedersen
|
Carry Trades and Currency Crashes |
|
w14452 |
Chris Edmond Laura Veldkamp
|
Income Dispersion and Counter-Cyclical Markups |
|
w14446 |
Casey Mulligan Luke Threinen
|
Market Responses to the Panic of 2008 |
|
w14436 |
Liran Einav Ephraim Leibtag Aviv Nevo
|
Not-so-Classical Measurement Errors: A Validation Study of Homescan |
|
w14433 |
Rachel Griffith Ephraim Leibtag Andrew Leicester Aviv Nevo
|
Timing and Quantity of Consumer Purchases and the Consumer Price Index |
|
w14422 |
Asaf Bernstein Eric Hughson Marc D. Weidenmier
|
Can a Lender of Last Resort Stabilize Financial Markets? Lessons from the Founding of the Fed |
|
w14402 |
Christopher L. House
|
Fixed Costs and Long-Lived Investments |
|
w14401 |
Takeo Hoshi Anil K Kashyap
|
Will the U.S. Bank Recapitalization Succeed? Eight Lessons from Japan |
|
w14398 |
Gary B. Gorton
|
The Subprime Panic |
|
w14391 |
Stefano Eusepi Bruce Preston
|
Stabilizing Expectations under Monetary and Fiscal Policy Coordination |
|
w14389 |
Andrew T. Foerster Pierre-Daniel G. Sarte Mark W. Watson
|
Sectoral vs. Aggregate Shocks: A Structural Factor Analysis of Industrial Production |
|
w14378 |
William A. Brock Charles F. Manski
|
Competitive Lending with Partial Knowledge of Loan Repayment |
|
w14362 |
Marc D. Weidenmier Joseph H. Davis Roger Aliaga-Diaz
|
Is Sugar Sweeter at the Pump? The Macroeconomic Impact of Brazil's Alternative Energy Program |
|
w14358 |
Gary B. Gorton
|
The Panic of 2007 |
|
w14357 |
William A. Brock Steven N. Durlauf Giacomo Rondina
|
Design Limits and Dynamic Policy Analysis |
|
w14323 |
Olivier Coibion Yuriy Gorodnichenko
|
Strategic Interaction Among Heterogeneous Price-Setters In An Estimated DSGE Model |
|
w14322 |
James H. Stock Mark W. Watson
|
Phillips Curve Inflation Forecasts |
|
w14282 |
Betsey Stevenson Justin Wolfers
|
Economic Growth and Subjective Well-Being: Reassessing the Easterlin Paradox |
|
w14280 |
Rajkamal Iyer Manju Puri
|
Understanding Bank Runs: The Importance of Depositor-Bank Relationships and Networks |
|
w14255 |
Manuel Amador Pierre-Olivier Weill
|
Learning from Prices: Public Communication and Welfare |
|
w14244 |
Matthew Canzoneri Robert E. Cumby Behzad Diba David Lopez-Salido
|
Monetary Aggregates and Liquidity in a Neo-Wicksellian Framework |
|
w14223 |
James D. Hamilton
|
Daily Monetary Policy Shocks and the Delayed Response of New Home Sales |
|
w14222 |
Julio J. Rotemberg
|
Liquidity Needs in Economies with Interconnected Financial Obligations |
|
w14219 |
Robert E. Hall Susan E. Woodward
|
The Burden of the Nondiversifiable Risk of Entrepreneurship |
|
w14208 |
Miles S. Kimball Matthew D. Shapiro
|
Labor Supply: Are the Income and Substitution Effects Both Large or Both Small? |
|
w14204 |
Willem H. Buiter
|
Housing Wealth Isn't Wealth |
|
w14200 |
Gita Gopinath Oleg Itskhoki
|
Frequency of Price Adjustment and Pass-through |
|
w14190 |
Jean Boivin Marc P. Giannoni Benoît Mojon
|
How Has the Euro Changed the Monetary Transmission? |
|
w14184 |
Yuriy Gorodnichenko
|
Endogenous information, menu costs and inflation persistence |
|
w14181 |
Stefano Eusepi Bruce Preston
|
Expectations, Learning and Business Cycle Fluctuations |
|
w14169 |
Jon Faust Jonathan H. Wright
|
Efficient Prediction of Excess Returns |
|
w14164 |
Bennett T. McCallum
|
Determinacy, Learnability, and Plausibility in Monetary Policy Analysis: Additional Results |
|
w14163 |
Bennett T. McCallum
|
Reconsideration of the P-Bar Model of Gradual Price Adjustment |
|
w14160 |
Yuko Hashimoto Takatoshi Ito Takaaki Ohnishi Misako Takayasu Hideki Takayasu Tsutomu Watanabe
|
Random Walk or A Run: Market Microstructure Analysis of the Foreign Exchange Rate Movements based on Conditional Probability |
|
w14151 |
James D. Hamilton
|
Macroeconomics and ARCH |
|
w14134 |
Stephen G. Cecchetti
|
Crisis and Responses: the Federal Reserve and the Financial Crisis of 2007-2008 |
|
w14071 |
Kenneth S. Rogoff Vania Stavrakeva
|
The Continuing Puzzle of Short Horizon Exchange Rate Forecasting |
|
w14101 |
Nicola Cetorelli Linda S. Goldberg
|
Banking Globalization, Monetary Transmission, and the Lending Channel |
|
w14098 |
Peter N. Ireland
|
On the Welfare Cost of Inflation and the Recent Behavior of Money Demand |
|
w14092 |
Malin Adolfson Stefan Laséen Jesper Lindé Lars E.O. Svensson
|
Optimal Monetary Policy in an Operational Medium-Sized DSGE Model |
|
w14054 |
A. Craig Burnside Martin S. Eichenbaum Isaac Kleshchelski Sergio Rebelo
|
Do Peso Problems Explain the Returns to the Carry Trade? |
|
w14033 |
Daron Acemoglu Simon Johnson Pablo Querubin James A. Robinson
|
When Does Policy Reform Work? The Case of Central Bank Independence |
|
w14019 |
Michael D. Bordo Michael J. Dueker David C. Wheelock
|
Inflation, Monetary Policy and Stock Market Conditions |
|
w14001 |
Emi Nakamura Jón Steinsson
|
Monetary Non-Neutrality in a Multi-Sector Menu Cost Model |
|
w13986 |
Pierpaolo Benigno Luca Antonio Ricci
|
The Inflation-Unemployment Trade-Off at Low Inflation |
|
w13985 |
Valerie A. Ramey
|
Time Spent in Home Production in the 20th Century: New Estimates from Old Data |
|
w13979 |
John Geanakoplos Stephen P. Zeldes
|
Reforming Social Security with Progressive Personal Accounts |
|
w13970 |
Frederic S. Mishkin
|
Does Stabilizing Inflation Contribute To Stabilizing Economic Activity? |
|
w13889 |
Frederic S. Mishkin
|
Exchange Rate Pass-Through And Monetary Policy |
|
w13940 |
Robert J. Barro José F. Ursúa
|
Macroeconomic Crises since 1870 |
|
w13965 |
Emi Nakamura
|
Pass-Through in Retail and Wholesale |
|
w13948 |
Frederic S. Mishkin
|
Globalization, Macroeconomic Performance, and Monetary Policy |
|
w13943 |
John B. Taylor John C. Williams
|
A Black Swan in the Money Market |
|
w13932 |
Alan S. Blinder Michael Ehrmann Marcel Fratzscher Jakob De Haan David-Jan Jansen
|
Central Bank Communication and Monetary Policy: A Survey of Theory and Evidence |
|
w13924 |
Aleksander Berentsen Guido Menzio Randall Wright
|
Inflation and Unemployment in the Long Run |
|
w13918 |
Niall Ferguson Moritz Schularick
|
The "Thin Film Of Gold": Monetary Rules and Policy Credibility In Developing Countries |
|
w13910 |
Jón Steinsson
|
The Dynamic Behavior of the Real Exchange Rate in Sticky Price Models |
|
w13906 |
Andrea Ferrero Mark Gertler Lars E.O. Svensson
|
Current Account Dynamics and Monetary Policy |
|
w13901 |
Yu-Chin Chen Kenneth Rogoff Barbara Rossi
|
Can Exchange Rates Forecast Commodity Prices? |
|
w13896 |
Hanno Lustig Stijn Van Nieuwerburgh Adrien Verdelhan
|
The Wealth-Consumption Ratio |
|
w13895 |
Edward J. Kane
|
Regulation and Supervision: An Ethical Perspective |
|
w13892 |
Lars E.O. Svensson Noah Williams
|
Optimal Monetary Policy under Uncertainty in DSGE Models: A Markov Jump-Linear-Quadratic Approach |
|
w13876 |
Christopher D. Carroll Jiri Slacalek Martin Sommer
|
International Evidence on Sticky Consumption Growth |
|
w13859 |
Orley Ashenfelter Daniel Hosken
|
The Effect of Mergers on Consumer Prices: Evidence from Five Selected Case Studies |
|
w13829 |
Martin Eichenbaum Nir Jaimovich Sergio Rebelo
|
Reference Prices and Nominal Rigidities |
|
w13820 |
Linda S. Goldberg Cédric Tille
|
Macroeconomic Interdependence and the International Role of the Dollar |
|
w13815 |
Michael D. Bordo Harold James
|
A Long Term Perspective on the Euro |
|
w13777 |
Michael W. L. Elsby Ryan Michaels
|
Marginal Jobs, Heterogeneous Firms, & Unemployment Flows |
|
w13761 |
Carmen M. Reinhart Kenneth S. Rogoff
|
Is the 2007 U.S. Sub-Prime Financial Crisis So Different? An International Historical Comparison |
|
w13755 |
Julio J. Rotemberg
|
Minimally Altruistic Wages and Unemployment in a Matching Model |
|
w13751 |
Christina D. Romer David H. Romer
|
The FOMC versus the Staff: Where Can Monetary Policymakers Add Value? |
|
w13749 |
Timothy Cogley Giorgio E. Primiceri Thomas J. Sargent
|
Inflation-Gap Persistence in the U.S. |
|
w13741 |
Marco Del Negro Frank Schorfheide
|
Forming Priors for DSGE Models (and How it Affects the Assessment of Nominal Rigidities) |
|
w13736 |
Jean Boivin Marc Giannoni
|
Global Forces and Monetary Policy Effectiveness |
2007
|
|
w13716 |
Michael Woodford
|
Forecast Targeting as a Monetary Policy Strategy: Policy Rules in Practice |
|
w13690 |
Robert J. Barro
|
Rare Disasters, Asset Prices, and Welfare Costs |
|
w13689 |
Robert J. Barro Jason Hwang
|
Religious Conversion in 40 Countries |
|
w13685 |
John B. Taylor
|
The Explanatory Power of Monetary Policy Rules |
|
w13682 |
John B. Taylor
|
Housing and Monetary Policy |
|
w13677 |
Ramon Marimon Javier Díaz-Giménez Giorgia Giovannetti Pedro Teles
|
Nominal Debt as a Burden on Monetary Policy |
|
w13655 |
V. V. Chari Patrick J. Kehoe
|
The Heterogeneous State of Modern Macroeconomics: A Reply to Solow |
|
w13635 |
Josephine M. Smith John B. Taylor
|
The Long and the Short End of the Term Structure of Policy Rules |
|
w13622 |
Rafael Di Tella Robert MacCulloch
|
Happiness, Contentment and Other Emotions for Central Banks |
|
w13615 |
Ricardo Reis Mark W. Watson
|
Relative Goods' Prices, Pure Inflation, and the Phillips Correlation |
|
w13613 |
Christopher J. Erceg Christopher Gust David López-Salido
|
The Transmission of Domestic Shocks in the Open Economy |
|
w13607 |
Dale F. Gray Robert C. Merton Zvi Bodie
|
New Framework for Measuring and Managing Macrofinancial Risk and Financial Stability |
|
w13605 |
Michael D. Bordo Ali Dib Lawrence Schembri
|
Canada's Pioneering Experience with a Flexible Exchange Rate in the 1950s:(Hard) Lessons Learned for Monetary Policy in a Small Open Economy |
|
w13593 |
Edward J. Kane
|
Incentive Conflict In Central-Bank Responses to Sectoral Turmoil in Financial Hub Countries |
|
w13590 |
George-Marios Angeletos Alessandro Pavan
|
Policy with Dispersed Information |
|
w13580 |
Marvin Goodfriend
|
How the World Achieved Consensus on Monetary Policy |
|
w13569 |
James D. Hamilton
|
Assessing Monetary Policy Effects Using Daily Fed Funds Futures Contracts |
|
w13566 |
Frederic S. Mishkin
|
Will Monetary Policy Become More of a Science? |
|
w13556 |
Argia M. Sbordone
|
Globalization and Inflation Dynamics: the Impact of Increased Competition |
|
w13548 |
Christina D. Romer David H. Romer
|
Do Tax Cuts Starve the Beast: The Effect of Tax Changes on Government Spending |
|
w13546 |
Edward Nelson Anna J. Schwartz
|
The Impact of Milton Friedman on Modern Monetary Economics: Setting the Record Straight on Paul Krugman's "Who Was Milton Friedman?" |
|
w13544 |
Giancarlo Corsetti Luca Dedola Sylvain Leduc
|
Optimal Monetary Policy and the Sources of Local-Currency Price Stability |
|
w13542 |
Jordi Galí Mark Gertler
|
Macroeconomic Modeling for Monetary Policy Evaluation |
|
w13532 |
Peter N. Ireland Scott Schuh
|
Productivity and U.S. Macroeconomic Performance: Interpreting the Past and Predicting the Future with a Two-Sector Real Business Cycle Model |
|
w13521 |
Lawrence Christiano Roberto Motto Massimo Rostagno
|
Shocks, Structures or Monetary Policies? The Euro Area and US After 2001 |
|
w13518 |
Frederic S. Mishkin
|
Housing and the Monetary Transmission Mechanism |
|
w13506 |
David G. Blanchflower Chris Shadforth
|
Fear, Unemployment and Migration |
|
w13505 |
David G. Blanchflower
|
Is Unemployment More Costly Than Inflation? |
|
w13502 |
Lawrence Christiano Roberto Motto Massimo Rostagno
|
Two Reasons Why Money and Credit May be Useful in Monetary Policy |
|
w13471 |
Martin S. Feldstein
|
Housing, Credit Markets and the Business Cycle |
|
w13455 |
Ariel Burstein Christian Hellwig
|
Prices and Market Shares in a Menu Cost Model |
|
w13448 |
Andrew Ang Sen Dong Monika Piazzesi
|
No-Arbitrage Taylor Rules |
|
w13432 |
Gita Gopinath Oleg Itskhoki Roberto Rigobon
|
Currency Choice and Exchange Rate Pass-through |
|
w13428 |
Edward E. Leamer
|
Housing IS the Business Cycle |
|
w13423 |
John Y. Campbell
|
Estimating the Equity Premium |
|
w13419 |
David K. Backus Jonathan H. Wright
|
Cracking the Conundrum |
|
w13416 |
Fernando E. Alvarez Francesco Lippi
|
Financial Innovation and the Transactions Demand for Cash |
|
w13414 |
Lars E.O. Svensson Noah M. Williams
|
Bayesian and Adaptive Optimal Policy under Model Uncertainty |
|
w13410 |
John H. Cochrane
|
Determinacy and Identification with Taylor Rules |
|
w13409 |
John H. Cochrane
|
Determinacy and Identification with Taylor Rules |
|
w13406 |
Roger E. A. Farmer
|
Aggregate Demand and Supply |
|
w13404 |
Andreas Beyer Roger E. A. Farmer Jérôme Henry Massimiliano Marcellino
|
Factor Analysis in a Model with Rational Expectations |
|
w13399 |
Kaoru Hosono Koji Sakai Kotaro Tsuru
|
Consolidation of Banks in Japan: Causes and Consequences |
|
w13398 |
Andrew Atkeson V. V. Chari Patrick J. Kehoe
|
On the Optimal Choice of a Monetary Policy Instrument |
|
w13397 |
Jon Faust Jonathan H. Wright
|
Comparing Greenbook and Reduced Form Forecasts using a Large Realtime Dataset |
|
w13391 |
Alan S. Blinder John Morgan
|
Leadership in Groups: A Monetary Policy Experiment |
|
w13385 |
Nicholas Bloom
|
The Impact of Uncertainty Shocks |
|
w13366 |
Stijn Van Nieuwerburgh Laura Veldkamp
|
Information Immobility and the Home Bias Puzzle |
|
w13337 |
Miles S. Kimball Claudia R. Sahm Matthew D. Shapiro
|
Imputing Risk Tolerance from Survey Responses |
|
w13329 |
Michael Woodford
|
Globalization and Monetary Control |
|
w13325 |
Michael Woodford
|
How Important is Money in the Conduct of Monetary Policy? |
|
w13318 |
Charles Engel Nelson C. Mark Kenneth D. West
|
Exchange Rate Models Are Not as Bad as You Think |
|
w13315 |
Simon Gilchrist Jae W. Sim
|
Investment during the Korean Financial Crisis: A Structural Econometric Analysis |
|
w13280 |
Assaf Razin Alon Binyamini
|
Flattened Inflation-Output Tradeoff and Enhanced Anti-Inflation Policy: Outcome of Globalization? |
|
w13278 |
Craig Burnside Martin S. Eichenbaum Sergio Rebelo
|
Understanding the Forward Premium Puzzle: A Microstructure Approach |
|
w13264 |
Christina D. Romer David H. Romer
|
The Macroeconomic Effects of Tax Changes: Estimates Based on a New Measure of Fiscal Shocks |
|
w13259 |
Stefano Eusepi Bruce Preston
|
Central Bank Communication and Expectations Stabilization |
|
w13255 |
Christian Broda David E. Weinstein
|
Defining Price Stability in Japan: A View from America |
|
w13245 |
Michael F. Gallmeyer Burton Hollifield Francisco Palomino Stanley E. Zin
|
Arbitrage-Free Bond Pricing with Dynamic Macroeconomic Models |
|
w13207 |
Marvin Goodfriend Bennett T. McCallum
|
Banking and Interest Rates in Monetary Policy Analysis: A Quantitative Exploration |
|
w13204 |
Veronica Guerrieri Guido Lorenzoni
|
Liquidity and Trading Dynamics |
|
w13199 |
Florin O. Bilbiie Fabio Ghironi Marc J. Melitz
|
Monetary Policy and Business Cycles with Endogenous Entry and Product Variety |
|
w13177 |
Guillermo A. Calvo
|
Interest Rate Rules, Inflation Stabilization, and Imperfect Credibility: The Small Open Economy Case |
|
w13174 |
Simon Gilchrist Egon Zakrajsek
|
Investment and the Cost of Capital: New Evidence from the Corporate Bond Market |
|
w13147 |
Frederic S. Mishkin
|
Inflation Dynamics |
|
w13134 |
Kenneth D. West Ka-fu Wong Stanislav Anatolyev
|
Instrumental Variables Estimation of Heteroskedastic Linear Models Using All Lags of Instruments |
|
w13131 |
Laura Alfaro Fabio Kanczuk
|
Nominal versus Indexed Debt: A Quantitative Horse Race |
|
w13112 |
James D. Hamilton
|
Daily Changes in Fed Funds Futures Prices |
|
w13101 |
Kenneth N. Kuttner Adam S. Posen
|
Do Markets Care Who Chairs the Central Bank? |
|
w13099 |
Marco Del Negro Frank Schorfheide
|
Monetary Policy Analysis with Potentially Misspecified Models |
|
w13047 |
Farley Grubb
|
The Continental Dollar: How Much Was Really Issued? |
|
w13041 |
Christian Broda David E. Weinstein
|
Product Creation and Destruction: Evidence and Price Implications |
|
w13010 |
Richard Clarida Daniel Waldman
|
Is Bad News About Inflation Good News for the Exchange Rate? |
|
w12993 |
Michael D. Bordo
|
Growing Up to Financial Stability |
|
w12983 |
Gary Richardson Patrick Van Horn
|
Fetters of Debt, Deposit, or Gold during the Great Depression? The International Propagation of the Banking Crisis of 1931 |
|
w12982 |
Michael D. Bordo Christopher Erceg Andrew Levin Ryan Michaels
|
Three Great American Disinflations |
|
w12965 |
Roger E.A. Farmer Daniel F. Waggoner Tao Zha
|
Understanding the New-Keynesian Model when Monetary Policy Switches Regimes |
|
w12959 |
Emmanuel Farhi Mikhail Golosov Aleh Tsyvinski
|
A Theory of Liquidity and Regulation of Financial Intermediation |
|
w12957 |
Monika Piazzesi Martin Schneider
|
Inflation Illusion, Credit, and Asset Pricing |
|
w12945 |
Ricardo J. Caballero Eduardo M.R.A. Engel
|
Price Stickiness in Ss Models: New Interpretations of Old Results |
|
w12940 |
Markus K. Brunnermeier Christian Gollier Jonathan A. Parker
|
Optimal Beliefs, Asset Prices, and the Preference for Skewed Returns |
|
w12938 |
Mark Carlson Kris James Mitchener
|
Branch Banking as a Device for Discipline: Competition and Bank Survivorship During the Great Depression |
|
w12930 |
Andrew Ang Geert Bekaert Min Wei
|
The Term Structure of Real Rates and Expected Inflation |
|
w12919 |
Willem H. Buiter
|
Seigniorage |
|
w12898 |
Guido Lorenzoni
|
News Shocks and Optimal Monetary Policy |
|
w12896 |
Ricardo J. Caballero Arvind Krishnamurthy
|
Collective Risk Management in a Flight to Quality Episode |
|
w12881 |
Arvind Krishnamurthy Annette Vissing-Jorgensen
|
The Demand for Treasury Debt |
|
w12876 |
Frederic S. Mishkin Klaus Schmidt-Hebbel
|
Does Inflation Targeting Make a Difference? |
|
w12853 |
Michael W. Elsby Ryan Michaels Gary Solon
|
The Ins and Outs of Cyclical Unemployment |
|
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 |
|
w12835 |
Peter L. Rousseau
|
Backing, the Quantity Theory, and the Transition to the U.S. Dollar, 1723-1850 |
|
w12824 |
Jean Boivin Marc Giannoni Ilian Mihov
|
Sticky Prices and Monetary Policy: Evidence from Disaggregated U.S. Data |
2006
|
|
w12810 |
Markus K. Brunnermeier Christian Julliard
|
Money Illusion and Housing Frenzies |
|
w12788 |
Guillermo A. Calvo
|
Monetary Policy Challenges in Emerging Markets: Sudden Stop, Liability Dollarization, and Lender of Last Resort |
|
w12772 |
Jean Boivin Marc Giannoni
|
DSGE Models in a Data-Rich Environment |
|
t0332 |
Jean Boivin Marc Giannoni
|
DSGE Models in a Data-Rich Environment |
|
w12781 |
Wei Xiong Hongjun Yan
|
Heterogeneous Expectations and Bond Markets |
|
w12778 |
George-Marios Angeletos Alessandro Pavan
|
Socially Optimal Coordination: Characterization and Policy Implications |
|
w12763 |
Robert J. Barro
|
On the Welfare Costs of Consumption Uncertainty |
|
w12746 |
Christopher D. Carroll Misuzu Otsuka Jirka Slacalek
|
How Large Is the Housing Wealth Effect? A New Approach |
|
w12740 |
Stephanie Schmitt-Grohe Martin Uribe
|
Comparing Two Variants of Calvo-Type Wage Stickiness |
|
w12719 |
Gary Richardson
|
A Comment Concerning Deposit Insurance and Moral Hazard |
|
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 |
|
w12715 |
Gary Richardson
|
Quarterly Data on the Categories and Causes of Bank Distress During the Great Depression |
|
w12713 |
Jeffrey A. Frankel
|
The Effect of Monetary Policy on Real Commodity Prices |
|
w12711 |
Andrew K. Rose
|
A Stable International Monetary System Emerges: Inflation Targeting is Bretton Woods, Reversed |
|
w12703 |
Douglas Laxton Papa N'Diaye Paolo Pesenti
|
Deflationary Shocks and Monetary Rules: an Open-Economy Scenario Analysis |
|
w12698 |
Peter Blair Henry
|
Capital Account Liberalization: Theory, Evidence, and Speculation |
|
w12687 |
Laurence M. Ball
|
Has Globalization Changed Inflation? |
|
w12672 |
Pierpaolo Benigno Michael Woodford
|
Linear-Quadratic Approximation of Optimal Policy Problems |
|
w12671 |
Ulrich Mueller Mark W. Watson
|
Testing Models of Low-Frequency Variability |
|
w12666 |
Hugh Rockoff
|
On the Origins of "A Monetary History" |
|
w12662 |
Michael D. Bordo Owen Humpage Anna J. Schwartz
|
The Historical Origins of U.S. Exchange Market Intervention Policy |
|
w12654 |
Chryssi Giannitsarou Andrew Scott
|
Inflation Implications of Rising Government Debt |
|
w12644 |
Charles Calomiris
|
Devaluation with Contract Redenomination in Argentina |
|
w12637 |
Dale F. Gray Robert C. Merton Zvi Bodie
|
A New Framework for Analyzing and Managing Macrofinancial Risks of an Economy |
|
w12612 |
Atif Mian Asim Ijaz Khwaja
|
Tracing the Impact of Bank Liquidity Shocks: Evidence from an Emerging Market |
|
w12611 |
Michael W. Elsby
|
Evaluating the Economic Significance of Downward Nominal Wage Rigidity |
|
w12609 |
Monika Piazzesi Martin Schneider
|
Equilibrium Yield Curves |
|
w12606 |
Thomas Sargent Noah Williams Tao Zha
|
The Conquest of South American Inflation |
|
w12605 |
N. Gregory Mankiw Ricardo Reis
|
Sticky Information in General Equilibrium |
|
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 |
|
w12593 |
Michael Bordo Anna J. Schwartz
|
David Laidler on Monetarism |
|
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 |
|
w12590 |
Gary Richardson
|
Bank Distress During the Great Contraction, 1929 to 1933, New Data from the Archives of the Board of Governors |
|
w12581 |
Alberto Alesina Joseph Zeira
|
Technology and Labor Regulations |
|
w12575 |
Patrick J. Kehoe
|
How to Advance Theory with Structural VARs: Use the Sims-Cogley-Nason Approach |
|
w12560 |
Francis E. Warnock Veronica Cacdac Warnock
|
International Capital Flows and U.S. Interest Rates |
|
w12557 |
Laura Veldkamp Justin Wolfers
|
Aggregate Shocks or Aggregate Information? Costly Information and Business Cycle Comovement |
|
w12542 |
Stephen G. Cecchetti
|
Measuring the Macroeconomic Risks Posed by Asset Price Booms |
|
w12515 |
Frederic S. Mishkin
|
Monetary Policy Strategy: How Did We Get Here? |
|
w12514 |
Christopher House Matthew D. Shapiro
|
Temporary Investment Tax Incentives: Theory with Evidence from Bonus Depreciation |
|
w12501 |
Luigi Guiso Paola Sapienza Luigi Zingales
|
The Cost of Banking Regulation |
|
w12498 |
Mark Gertler Antonella Trigari
|
Unemployment Fluctuations With Staggered Nash Wage Bargaining |
|
w12492 |
Peter N. Ireland
|
Changes in the Federal Reserve's Inflation Target: Causes and Consequences |
|
w12491 |
Michael Bordo Thomas Helbling Harold James
|
Swiss Exchange Rate Policy in the 1930s. Was the Delay in Devaluation Too High a Price to Pay for Conservatism? |
|
w12476 |
Patrick Kehoe Varadarajan V. Chari
|
Modern Macroeconomics in Practice: How Theory is Shaping Policy |
|
w12470 |
Tommaso Monacelli
|
Optimal Monetary Policy with Collateralized Household Debt and Borrowing Constraints |
|
w12454 |
Kenneth Kuttner
|
Can Central Banks Target Bond Prices? |
|
w12442 |
Simon Gilchrist Masashi Saito
|
Expectations, Asset Prices, and Monetary Policy: The Role of Learning |
|
w12441 |
Bennett T. McCallum
|
E-Stability vis-a-vis Determinacy Results for a Broad Class of Linear Rational Expectations Models |
|
w12426 |
Stanley Fischer
|
Reflections on One Year at the Bank of Israel |
|
w12420 |
Roberto Rigobon Brian Sack
|
Noisy Macroeconomic Announcements, Monetary Policy, and Asset Prices |
|
w12405 |
Troy Davig Eric M. Leeper
|
Endogenous Monetary Policy Regime Change |
|
w12400 |
Alisdair McKay Ricardo Reis
|
The Brevity and Violence of Contractions and Expansions |
|
w12393 |
Michael D. Bordo
|
Sudden Stops, Financial Crises, and Original Sin in Emerging Countries: Déjà vu? |
|
w12384 |
Frederic S. Mishkin Niklas J. Westelius
|
Inflation Band Targeting and Optimal Inflation Contracts |
|
w12362 |
John Y. Campbell Jens Hilscher Jan Szilagyi
|
In Search of Distress Risk |
|
w12353 |
Lawrence J. Christiano Martin Eichenbaum Robert Vigfusson
|
Assessing Structural VARs |
|
w12349 |
N. Gregory Mankiw
|
The Macroeconomist as Scientist and Engineer |
|
w12345 |
Eduardo Levy Yeyati
|
Liquidity Insurance in a Financially Dollarized Economy |
|
w12340 |
Marco Arena Carmen Reinhart Francisco Vázquez
|
The Lending Channel in Emerging Economics: Are Foreign Banks Different? |
|
w12324 |
James H. Stock Mark W. Watson
|
Why Has U.S. Inflation Become Harder to Forecast? |
|
w12299 |
Michael D. Bordo Christopher M. Meissner Marc D. Weidenmier
|
Currency Mismatches, Default Risk, and Exchange Rate Depreciation: Evidence from the End of Bimetallism |
|
w12290 |
Andrew B. Abel
|
Equity Premia with Benchmark Levels of Consumption: Closed-Form Results |
|
w12277 |
Vitor Gaspar Anil K. Kashyap
|
Stability First: Reflections Inspired by Otmar Issing's Success as the ECB's Chief Economist |
|
w12268 |
Yuriy Gorodnichenko Matthew D. Shapiro
|
Monetary Policy When Potential Output is Uncertain: Understanding the Growth Gamble of the 1990s |
|
w12234 |
Evan Gatev Til Schuermann Philip E. Strahan
|
Managing Bank Liquidity Risk: How Deposit-Loan Synergies Vary with Market Conditions |
|
w12219 |
Pierpaolo Benigno
|
Are Valuation Effects Desirable from a Global Perspective? |
|
w12189 |
Michael Bordo Harold James
|
One World Money, Then and Now |
|
w12117 |
Philippe Aghion Philippe Bacchetta Romain Ranciere Kenneth Rogoff
|
Exchange Rate Volatility and Productivity Growth: The Role of Financial Development |
|
w12170 |
Edward J. Kane
|
Inadequacy of Nation-Based and VaR-Based Safety Nets in the European Union |
|
w12168 |
Martin Feldstein
|
The 2006 Economic Report of the President: Comment on Chapter One (The Year in Review) and Chapter Six (The Capital Account Surplus) |
|
w12149 |
John Y. Campbell
|
Household Finance |
|
w12138 |
Eugene N. White
|
Bubbles and Busts: The 1990s in the Mirror of the 1920s |
|
w12136 |
Ricardo J. Caballero Arvind Krishnamurthy
|
Flight to Quality and Collective Risk Management |
|
w12129 |
Ricardo J. Caballero Takeo Hoshi Anil K. Kashyap
|
Zombie Lending and Depressed Restructuring in Japan |
|
w12163 |
Sebastian Edwards
|
The Relationship Between Exchange Rates and Inflation Targeting Revisited |
|
w12158 |
Pierpaolo Benigno Michael Woodford
|
Optimal Inflation Targeting under Alternative Fiscal Regimes |
|
w12118 |
Benjamin M. Friedman
|
The Greenspan Era: Discretion, Rather Than Rules |
|
w12089 |
Bennett T. McCallum Edward Nelson
|
Monetary and Fiscal Theories of the Price Level: The Irreconcilable Differences |
|
w12044 |
Andrew K. Rose Mark Spiegel
|
Offshore Financial Centers: Parasites or Symbionts? |
|
w12036 |
Monika Piazzesi Martin Schneider Selale Tuzel
|
Housing, Consumption, and Asset Pricing |
|
w12024 |
N. Gregory Mankiw Ricardo Reis
|
Pervasive Stickiness (Expanded Version) |
|
w12022 |
Alejandro Justiniano Giorgio E. Primiceri
|
The Time Varying Volatility of Macroeconomic Fluctuations |
|
w12011 |
J. Bradford DeLong Konstantin Magin
|
A Short Note on the Size of the Dot-Com Bubble |
|
w11983 |
Elena Loutskina Philip E. Strahan
|
Securitization and the Declining Impact of Bank Finance on Loan Supply: Evidence from Mortgage Acceptance Rates |
|
w11971 |
Mark Gertler John Leahy
|
A Phillips Curve with an Ss Foundation |
|
w11946 |
Stephen G. Cecchetti Alfonso Flores-Lagunes Stefan Krause
|
Assessing the Sources of Changes in the Volatility of Real Growth |
|
w11942 |
Marc Giannoni
|
Robust Optimal Policy in a Forward-Looking Model with Parameter and Shock Uncertainty |
|
w11922 |
Pierpaolo Benigno Anastasios Karantounias
|
Overconfidence, Subjective Perception and Pricing Behavior |
2005
|
|
w11898 |
Michael Woodford
|
Central Bank Communication and Policy Effectiveness |
|
w11897 |
Michael D. Bordo Christopher M. Meissner
|
The Role of Foreign Currency Debt in Financial Crises: 1880-1913 vs. 1972-1997 |
|
w11896 |
Michael Woodford
|
Robustly Optimal Monetary Policy with Near Rational Expectations |
|
w11891 |
Frederic Mishkin
|
Is Financial Globalization Beneficial? |
|
w11856 |
Martin Feldstein
|
Monetary Policy in a Changing International Environment: The Role of Global Capital Flows |
|
w11834 |
Ricardo Caballero Arvind Krishnamurthy
|
Financial System Risk and Flight to Quality |
|
w11830 |
Stephen G. Cecchetti Lianfi Li
|
Do Capital Adequacy Requirements Matter for Monetary Policy? |
|
w11821 |
Paul R. Bergin Giancarlo Corsetti
|
Towards a Theory of Firm Entry and Stabilization Policy |
|
w11820 |
Ricardo Reis
|
Inattentive Producers |
|
w11815 |
Jordi Gali Tommaso Monacelli
|
Optimal Monetary and Fiscal Policy in a Currency Union |
|
w11814 |
Frederic S. Mishkin
|
How Big a Problem is Too Big to Fail? |
|
w11806 |
Olivier Blanchard Jordi Gali
|
Real Wage Rigidities and the New Keynesian Model |
|
w11792 |
Linda S. Goldberg Michael W. Klein
|
Establishing Credibility: Evolving Perceptions of the European Central Bank |
|
w11788 |
Jordi Gali Mark Gertler David Lopez-Salido
|
Robustness of the Estimates of the Hybrid New Keynesian Phillips Curve |
|
w11777 |
Robert J. Gordon
|
What Caused the Decline in U.S. Business Cycle Volatility? |
|
w11746 |
Ricardo Reis
|
A Dynamic Measure of Inflation |
|
w11735 |
David K. Musto Nicholas S. Souleles
|
A Portfolio View of Consumer Credit |
|
w11733 |
Lars Svensson Noah Williams
|
Monetary Policy with Model Uncertainty: Distribution Forecast Targeting |
|
w11714 |
Michael D. Bordo
|
Review of A History of the Federal Reserve. Volume 1 (2003) by Allan H. Meltzer |
|
w11699 |
Ariel Burstein Martin Eichenbaum Sergio Rebelo
|
The Importance of Nontradable Goods' Prices in Cyclical Real Exchange Rate Fluctuations |
|
w11687 |
Hanno Lustig Christopher Sleet Sevin Yeltekin
|
Fiscal Hedging and the Yield Curve |
|
w11674 |
Alessandra Casella Thomas Palfrey Raymond Riezman
|
Minorities and Storable Votes |
|
w11669 |
Sebastian Edwards
|
The End of Large Current Account Deficits, 1970-2002: Are There Lessons for the United States? |
|
w11666 |
Loriana Pelizzon Stephen Schaefer
|
Pillar 1 vs. Pillar 2 Under Risk Management |
|
w11630 |
Benjamin M. Friedman
|
Deficits and Debt in the Short and Long Run |
|
w11634 |
Barry Eichengreen Muge Adalet
|
Current Account Reversals: Always a Problem? |
|
w11618 |
Ricardo J. Caballero Arvind Krishnamurthy
|
Bubbles and Capital Flow Volatility: Causes and Risk Management |
|
w11586 |
Michael D. Bordo Angela Redish
|
Seventy Years of Central Banking: The Bank of Canada in International Context, 1935-2005 |
|
w11562 |
Marvin Goodfriend Robert King
|
The Incredible Volcker Disinflation |
|
w11537 |
Lars E.O. Svensson
|
Social Value of Public Information: Morris and Shin (2002) Is Actually Pro Transparency, Not Con |
|
w11534 |
John Y. Campbell João F. Cocco
|
How Do House Prices Affect Consumption? Evidence From Micro Data |
|
w11531 |
Alberto Alesina Guido Tabellini
|
Why Do Politicians Delegate? |
|
w11523 |
Andrew T. Levin Alexei Onatski John C. Williams Noah Williams
|
Monetary Policy Under Uncertainty in Micro-Founded Macroeconometric Models |
|
w11520 |
Michael P. Dooley David Folkerts-Landau Peter M. Garber
|
Savings Gluts and Interest Rates: The Missing Link to Europe |
|
w11473 |
Filippo Altissimo Pierpaolo Benigno Diego Rodriguez Palenzuela
|
Long-Run Determinants of Inflation Differentials in a Monetary Union |
|
w11417 |
Stephanie Schmitt-Grohe Martin Uribe
|
Optimal Fiscal and Monetary Policy in a Medium-Scale Macroeconomic Model: Expanded Version |
|
w11392 |
Lars O. Svensson Robert J. Tetlow
|
Optimal Policy Projections |
|
w11383 |
Michael D. Bordo
|
Historical Perspective on Global Imbalances |
|
w11374 |
Laurence Ball
|
Fiscal Remedies for Japan's Slump |
|
w11363 |
Gary Gorton Ping He
|
Bank Credit Cycles |
|
w11346 |
Benjamin M. Friedman
|
What Remains from the Volcker Experiment? |
|
w11340 |
Geert Bekaert Seonghoon Cho Antonio Moreno
|
New-Keynesian Macroeconomics and the Term Structure |
|
w11314 |
Jean Boivin
|
Has US Monetary Policy Changed? Evidence from Drifting Coefficients and Real-Time Data |
|
w11310 |
Robert J. Barro
|
Rare Events and the Equity Premium |
|
w11297 |
Ricardo Reis
|
The Time-Series Properties of Aggregate Consumption: Implications for the Costs of Fluctuation |
|
w11291 |
Mark Carlson Kris James Mitchener
|
Branch Banking, Bank Competition, and Financial Stability |
|
w11285 |
Jean Boivin Serena Ng
|
Understanding and Comparing Factor-Based Forecasts |
|
w11276 |
Michael Gallmeyer Burton Hollifield Stanley E. Zin
|
Taylor Rules, McCallum Rules and the Term Structure of Interest Rates |
|
w11244 |
Ya-Hwei Yang Jia-Dong Shea
|
Deflation and Monetary Policy in Taiwan |
|
w11173 |
Michael Bordo Christopher Meissner
|
Financial Crises, 1880-1913: The Role of Foreign Currency Debt |
|
w11167 |
Lars E.O. Svensson
|
Monetary Policy with Judgment: Forecast Targeting |
|
w11151 |
Mitsuru Iwamara Takeshi Kudo Tsutomu Watanabe
|
Monetary and Fiscal Policy in a Liquidity Trap: The Japanese Experience 1999-2004 |
|
w11149 |
Michael Woodford
|
Firm-Specific Capital and the New-Keynesian Phillips Curve |
|
w11147 |
Giorgio Primiceri
|
Why Inflation Rose and Fell: Policymakers' Beliefs and US Postwar Stabilization Policy |
|
w11127 |
Linda S. Goldberg Cedric Tille
|
Vehicle Currency Use in International Trade |
|
w11105 |
Tim Robinson Andrew Stone
|
Monetary Policy, Asset-Price Bubbles and the Zero Lower Bound |
|
w11089 |
Francis X. Diebold Monika Piazzesi Glenn Rudebusch
|
Modeling Bond Yields in Finance and Macroeconomics |
|
w11088 |
Mats Persson Torsten Persson Lars E.O. Svensson
|
Time Consistency of Fiscal and Monetary Policy: A Solution |
|
w11061 |
Nelson C. Mark
|
Changing Monetary Policy Rules, Learning, and Real Exchange Rate Dynamics |
|
w11056 |
Bennett T. McCallum
|
A Monetary Policy Rule for Automatic Prevention of a Liquidity Trap |
|
w11029 |
Pierpaolo Benigno Michael Woodford
|
Optimal Taxation in an RBC Model: A Linear-Quadratic Approach |
2004
|
|
w11006 |
Mark J. Garmaise Tobias J. Moskowitz
|
Bank Mergers and Crime: The Real and Social Effects of Credit Market Competition |
|
w10995 |
Charles Engel Kenneth D. West
|
Taylor Rules and the Deutschmark-Dollar Real Exchange Rate |
|
w10975 |
Joshua D. Angrist Guido M. Kuersteiner
|
Semiparametric Causality Tests Using the Policy Propensity Score |
|
w10973 |
Stephen G. Cecchetti Alfonso Flores-Lagunes Stefan Krause
|
Has Monetary Policy Become More Efficient? A Cross Country Analysis |
|
w10938 |
James Harrigan Kenneth Kuttner
|
Lost Decade in Translation: Did the US Learn from Japan's Post-Bubble Mistakes? |
|
w10924 |
John Landon-Lane Hugh Rockoff
|
Monetary Policy and Regional Interest Rates in the United States, 1880-2002 |
|
w10916 |
William A. Brock Steven N. Durlauf Kenneth D. West
|
Model Uncertainty and Policy Evaluation: Some Theory and Empirics |
|
w10908 |
Stephen G. Cecchetti Stefan Krause
|
Deposit Insurance and External Finance |
|
w10878 |
Takatoshi Ito Frederic S. Mishkin
|
Two Decades of Japanese Monetary Policy and the Deflation Problem |
|
w10869 |
Maurice Obstfeld Kenneth Rogoff
|
The Unsustainable US Current Account Position Revisited |
|
w10848 |
Willem H. Buiter
|
The Elusive Welfare Economics of Price Stability as a Monetary Policy Objective: Should New Keynesian Central Bankers Pursue Price Stability? |
|
w10846 |
Antonio Fatas Ilian Mihov Andrew K. Rose
|
Quantitative Goals for Monetary Policy |
|
w10840 |
Gauti B. Eggertsson Michael Woodford
|
Optimal Monetary and Fiscal Policy in a Liquidity Trap |
|
w10839 |
Pierpaolo Benigno Michael Woodford
|
Optimal Stabilization Policy When Wages and Prices are Sticky: The Case of a Distorted Steady State |
|
w10838 |
Pierpaolo Benigno Michael Woodford
|
Inflation Stabilization and Welfare: The Case of a Distorted Steady State |
|
w10833 |
Michael D. Bordo Andrew Filardo
|
Deflation and Monetary Policy in a Historical Perspective: Remembering the Past or Being Condemned to Repeat It? |
|
w10829 |
Frederic S. Mishkin
|
Can Central Bank Transparency Go Too Far? |
|
w10818 |
Takatoshi Ito
|
Inflation Targeting and Japan: Why has the Bank of Japan not Adopted Inflation Targeting? |
|
w10784 |
David S. Johnson Jonathan A. Parker Nicholas S. Souleles
|
Household Expenditure and the Income Tax Rebates of 2001 |
|
w10747 |
Lars E.O. Svensson
|
Targeting Rules vs. Instrument Rules for Monetary Policy: What is Wrong with McCallum and Nelson? |
|
w10733 |
Diego Comin Bart Hobijn
|
Neoclassical Growth and the Adoption of Technologies |
|
w10732 |
Simon Gilchrist John C. Williams
|
Transition Dynamics in Vintage Capital Models: Explaining the Postwar Catch-Up of Germany and Japan |
|
w10724 |
Stephanie Schmitt-Grohe Martin Uribe
|
Optimal Operational Monetary Policy in the Christiano-Eichenbaum-Evans Model of the U.S. Business Cycle |
|
w10723 |
Charles Engel Kenneth D. West
|
Exchange Rates and Fundamentals |
|
w10707 |
Markus K. Brunnermeier Jonathan A. Parker
|
Optimal Expectations |
|
w10704 |
Michael D. Bordo David C. Wheelock
|
Monetary Policy and Asset Prices: A Look Back at Past U.S. Stock Market Booms |
|
w10703 |
Valerie A. Ramey Daniel J. Vine
|
Why Do Real and Nominal Inventory-Sales Ratios Have Different Trends |
|
w10702 |
Peter L. Rousseau
|
A Common Currency: Early U.S. Monetary Policy and the Transition to the Dollar |
|
w10681 |
Eric M. Engen R. Glenn Hubbard
|
Federal Government Debt and Interest Rates |
|
w10679 |
Olivier Jeanne Lars E.O. Svensson
|
Credible Commitment to Optimal Escape from a Liquidity Trap: The Role of the Balance Sheet of an Independent Central Bank |
|
w10673 |
Aasim M. Husain Ashoka Mody Kenneth S. Rogoff
|
Exchange Rate Regime Durability and Performance in Developing Countries Versus Advanced Economies |
|
w10672 |
Andrew Ang Monika Piazzesi Min Wei
|
What Does the Yield Curve Tell us about GDP Growth? |
|
w10654 |
Howard Bodenhorn
|
Free Banking and Bank Entry in Nineteenth-Century New York |
|
w10646 |
Frederic S. Mishkin
|
Can Inflation Targeting Work in Emerging Market Countries? |
|
w10642 |
Willem H. Buiter Anne C. Sibert
|
Deflationary Bubbles |
|
w10636 |
Jordi Gali Pau Rabanal
|
Technology Shocks and Aggregate Fluctuations: How Well Does the RBS Model Fit Postwar U.S. Data? |
|
w10631 |
Neville Francis Valerie A. Ramey
|
The Source of Historical Economic Fluctuations: An Analysis using Long-Run Restrictions |
|
w10617 |
Martin Eichenbaum Jonas D.M. Fisher
|
Evaluating the Calvo Model of Sticky Prices |
|
w10616 |
Francis X. Diebold Glenn D. Rudebusch S. Boragan Aruoba
|
The Macroeconomy and the Yield Curve: A Dynamic Latent Factor Approach |
|
w10612 |
Bennett T. McCallum Edward Nelson
|
Targeting vs. Instrument Rules for Monetary Policy |
|
w10592 |
Susanto Basu John Fernald Miles Kimball
|
Are Technology Improvements Contractionary? |
|
w10590 |
Olivier Blanchard Thomas Philippon
|
The Quality of Labor Relations and Unemployment |
|
w10547 |
Monika Piazzesi Eric Swanson
|
Futures Prices as Risk-adjusted Forecasts of Monetary Policy |
|
w10537 |
Simon Gilchrist Charles P. Himmelberg Gur Huberman
|
Do Stock Price Bubbles Influence Corporate Investment? |
|
w10524 |
Willem Buiter
|
A Small Corner of Intertemporal Public Finance - New Developments in Monetary Economics: 2 Ghosts, 2 Eccentricities, A Fallacy, A Mirage and A Mythos |
|
w10475 |
Kris James Mitchener
|
Bank Supervision, Regulation, and Instability During the Great Depression |
|
w10446 |
Simon Gilchrist John C. Williams
|
Investment, Capacity, and Uncertainty: A Putty-Clay Approach |
|
w10443 |
Olivier Blanchard Jean Tirole
|
The Optimal Design of Unemployment Insurance and Employment Protection. A First Pass |
|
w10431 |
Michael D. Bordo Joseph G Haubrich
|
The Yield Curve, Recessions and the Credibility of the Monetary Regime: Long Run Evidence 1875-1997 |
|
w10430 |
Martin Eichenbaum Jonas Fisher
|
Fiscal Policy in the Aftermath of 9/11 |
|
w10402 |
Ben S. Bernanke Kenneth N. Kuttner
|
What Explains the Stock Market's Reaction to Federal Reserve Policy? |
|
w10400 |
Mervyn King
|
The Institutions of Monetary Policy |
|
w10393 |
Maurice Obstfeld Jay C. Shambaugh Alan M. Taylor
|
Monetary Sovereignty, Exchange Rates, and Capital Controls: The Trilemma in the Interwar period |
|
w10392 |
Jordi Gali J. David Lopez-Salido Javier Valles
|
Rule-of-Thumb Consumers and the Design of Interest Rate Rules |
|
w10389 |
Olivier Blanchard
|
Fiscal Dominance and Inflation Targeting: Lessons from Brazil |
|
w10354 |
Raj Chetty
|
Interest Rates and Backward-Bending Investment |
|
w10342 |
Alberto Alesina Roberto Perotti
|
The European Union: A Politically Incorrect View |
|
w10329 |
Michael D. Bordo John Landon Lane Angela Redish
|
Good versus Bad Deflation: Lessons from the Gold Standard Era |
|
w10298 |
Boyan Jovanovic Peter L. Rousseau
|
Interest Rates and Initial Public Offerings |
|
w10295 |
Leonardo Gambacorta
|
How Do Banks Set Interest Rates? |
|
w10294 |
Assaf Razin
|
Aggregate Supply and Potential Output |
|
w10290 |
Alan Auerbach Maurice Obstfeld
|
Monetary and Fiscal Remedies for Deflation |
|
w10280 |
Kenneth D. West
|
Monetary Policy and the Volatility of Real Exchange Rates in New Zealand |
|
w10272 |
Jess Benhabib Stephanie Schmitt-Grohe Martin Uribe
|
Chaotic Interest Rate Rules: Expanded Version |
|
w10268 |
Andrew Atkeson Patrick Kehoe
|
Deflation and Depression: Is There and Empirical Link? |
|
w10263 |
John Y. Campbell Tuomo Vuolteenaho
|
Inflation Illusion and Stock Prices |
|
w10255 |
Lawrence J. Christiano Roberto Motto Massimo Rostagno
|
The Great Depression and the Friedman-Schwartz Hypothesis |
|
w10253 |
Stephanie Schmitt-Grohe Martin Uribe
|
Optimal Simple and Implementable Monetary and Fiscal Rules |
|
w10220 |
Ben S. Bernanke Jean Boivin Piotr Eliasz
|
Measuring the Effects of Monetary Policy: A Factor-Augmented Vector Autoregressive (FAVAR) Approach |
2003
|
|
w10196 |
Lars E.O. Svensson
|
Optimal Policy with Low-Probability Extreme Events |
|
w10195 |
Lars E.O. Svensson
|
Escaping from a Liquidity Trap and Deflation: The Foolproof Way and Others |
|
w10183 |
Robert J. Shiller
|
The Invention of Inflation-Indexed Bonds in Early America |
|
w10171 |
Michael D. Bordo Robert D. Dittmar William T. Gavin
|
Gold, Fiat Money, and Price Stability |
|
w10163 |
Willem H. Buiter
|
Helicopter Money: Irredeemable Fiat Money and the Liquidity Trap |
|
w10161 |
Christina D. Romer David H. Romer
|
Choosing the Federal Reserve Chair: Lessons from History |
|
w10149 |
Stephanie Schmitt-Grohe Martin Uribe
|
Optimal Fiscal and Monetary Policy Under Imperfect Competition |
|
w10128 |
Mark Gertler Simon Gilchrist Fabio Natalucci
|
External Constraints on Monetary Policy and the Financial Accelerator |
|
w10123 |
Benjamin Friedman
|
The LM Curve: A Not-So-Fond Farewell |
|
w10110 |
Willem Buiter Anne C. Sibert
|
Cross-Border Tax Externalities: Are Budget Deficits Too Small? |
|
w10109 |
Susan Athey Andrew Atkeson Patrick Kehoe
|
The Optimal Degree of Discretion in Monetary Policy |
|
w10093 |
Haizhou Huang Shang-Jin Wei
|
Monetary Policies for Developing Countries: The Role of Corruption |
|
w10089 |
Eric Leeper
|
An "Inflation Reports" Report |
|
w10070 |
Douglas W. Diamond Raghuram G. Rajan
|
Money in a Theory of Banking |
|
w10025 |
William A. Brock Steven N. Durlauf Kenneth D. West
|
Policy Evaluation in Uncertain Economic Environments |
|
w10019 |
Arminio Fraga Ilan Goldfajn Andre Minella
|
Inflation Targeting in Emerging Market Economies |
|
w10016 |
Fernando Alvarez Andrew Atkeson Chris Edmond
|
On the Sluggish Response of Prices to Money in an Inventory-Theoretic Model of Money Demand |
|
w10010 |
Susanto Basu John G. Fernald Nicholas Oulton Sylaja Srinivasan
|
The Case of the Missing Productivity Growth: Or, Does Information Technology Explain why Productivity Accelerated in the US but not the UK? |
|
w10003 |
Diego Comin Mark Gertler
|
Medium Term Business Cycles |
|
w9985 |
Ignazio Angeloni Anil K. Kashyap Benoit Mojon Daniele Terlizzese
|
The Output Composition Puzzle: A Difference in the Monetary Transmission Mechanism in the Euro Area and U.S. |
|
w9984 |
Ignazio Angeloni Anil K. Kashyap Benoit Mojon Daniele Terlizzese
|
Monetary Transmission in the Euro Area: Does the Interest Rate Channel Explain it All? |
|
w9981 |
Marvin Goodfriend
|
Inflation Targeting in the United States? |
|
w9969 |
Martin Feldstein
|
Monetary Policy in an Uncertain Environment |
|
w9968 |
Gauti B. Eggertsson Michael Woodford
|
Optimal Monetary Policy in a Liquidity Trap |
|
w9961 |
Bennett T. McCallum
|
Is the Fiscal Theory of the Price Level Learnable? |
|
w9960 |
Bennett T. McCallum
|
The Unique Minimum State Variable RE Solution is E-Stable in All Well Formulated Linear Models |
|
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 |
|
w9921 |
Thorsten Beck Asli Demirguc-Kunt Ross Levine
|
Bank Concentration and Crises |
|
w9905 |
Pierpaolo Benigno Michael Woodford
|
Optimal Monetary and Fiscal Policy: A Linear Quadratic Approach |
|
w9884 |
Athanasios Orphanides John C. Williams
|
Imperfect Knowledge, Inflation Expectations, and Monetary Policy |
|
w9866 |
Christina D. Romer David H. Romer
|
A New Measure of Monetary Shocks: Derivation and Implications |
|
w9860 |
Michael D. Bordo Pierre-Cyrille Hautcoeur
|
Why didn't France follow the British Stabilization after World War One? |
|
w9859 |
James H. Stock Mark W. Watson
|
Understanding Changes in International Business Cycle Dynamics |
|
w9838 |
Bennett T. McCallum
|
Monetary Policy in Economies with Little or No Money |
|
w9837 |
Bennett T. McCallum
|
Multiple-Solution Indeterminacies in Monetary Policy Analysis |
|
w9835 |
Claudio Raddatz Roberto Rigobon
|
Monetary Policy and Sectoral Shocks: Did the FED react properly to the High-Tech Crisis? |
|
w9832 |
Robert Barsky Christopher L. House Miles Kimball
|
Do Flexible Durable Goods Prices Undermine Sticky Price Models? |
|
w9829 |
Jean Boivin Serena Ng
|
Are More Data Always Better for Factor Analysis? |
|
w9814 |
Alan J. Auerbach Maurice Obstfeld
|
The Case for Open-Market Purchases in a Liquidity Trap |
|
w9809 |
Alberto Alesina Alexander Wagner
|
Choosing (and reneging on) exchange rate regimes |
|
w9808 |
Guillermo Calvo Frederic S. Mishkin
|
The Mirage of Exchange Rate Regimes for Emerging Market Countries |
|
w9796 |
N. Gregory Mankiw Ricardo Reis Justin Wolfers
|
Disagreement about Inflation Expectations |
|
w9792 |
Christopher Meissner
|
Committee Structure and the Success of Connected Lending in Nineteenth Century New England Banks |
|
w9786 |
Craig Burnside Martin Eichenbaum Sergio Rebelo
|
Government Finance in the Wake of Currency Crises |
|
w9773 |
Jordi Gali Roberto Perotti
|
Fiscal Policy and Monetary Integration in Europe |
|
w9772 |
Craig Burnside Martin Eichenbaum Jonas Fisher
|
Fiscal Shocks and Their Consequences |
|
w9759 |
John Y. Campbell Joao F. Cocco
|
Household Risk Management and Optimal Mortgage Choice |
|
w9753 |
Willem H. Buiter
|
James Tobin: An Appreciation of his Contribution to Economics |
|
w9747 |
Lars E. O. Svensson Michael Woodford
|
Implementing Optimal Policy through Inflation-Forecast Targeting |
|
w9713 |
Michael D. Bordo Anna J. Schwartz
|
IS-LM and Monetarism |
|
w9710 |
Donald Morgan Philip Strahan
|
Foreign Bank Entry and Business Volatility: Evidence from U.S. States and Other Countries |
|
w9704 |
Donald Morgan Bertrand Rime Philip Strahan
|
Bank Integration and State Business Cycles |
|
w9672 |
Stephen G. Cecchetti Junhan Kim
|
Inflation Targeting, Price-Path Targeting and Output Variability |
|
w9667 |
Jiri Jonas Frederic S. Mishkin
|
Inflation Targeting in Transition Countries: Experience and Prospects |
|
w9666 |
Barry Eichengreen Alan M. Taylor
|
The Monetary Consequences of a Free Trade Area of the Americas |
|
w9660 |
Jon Faust John H. Rogers Eric Swanson Jonathan H. Wright
|
Identifying the Effects of Monetary Policy Shocks on Exchange Rates Using High Frequency Data |
|
w9646 |
Kazuo Ogawa
|
Financial Distress and Employment: The Japanese Case in the 90s |
|
w9624 |
Charles Calomiris Joseph R. Mason
|
How to Restructure Failed Banking Systems: Lessons from the U.S. in the 1930's and Japan in the 1990's |
|
w9623 |
Willem H. Buiter
|
Deflation: Prevention and Cure |
|
w9620 |
Thorsten Beck Asli Demirguc-Kunt Ross Levine
|
Bank Supervision and Corporate Finance |
|
w9589 |
Takatoshi Ito Kimie Harada
|
Market Evaluations of Banking Fragility in Japan: Japan Premium, Stock Prices, and Credit Derivatives |
|
w9577 |
Laurence Ball Niamh Sheridan
|
Does Inflation Targeting Matter? |
|
w9566 |
Alexei Onatski Noah Williams
|
Modeling Model Uncertainty |
|
w9558 |
Jess Behabib Stephanie Schmitt-Grohe Martin Uribe
|
Backward-Looking Interest-Rate Rules, Interest-Rate Smoothing, and Macroeconomic Instability |
|
w9552 |
Eric M. Leeper Jennifer E. Roush
|
Putting 'M' back in Monetary Policy |
|
w9551 |
Rajeev Dehejia Adriana Lleras-Muney
|
Why Does Financial Development Matter? The United States from 1900 to 1940 |
|
w9548 |
Jonathan A. Parker
|
Consumption Risk and Expected Stock Returns |
|
w9547 |
John Y. Campbell George Chacko Jorge Rodriguez Luis M. Viciera
|
Strategic Asset Allocation in a Continuous-Time VAR Model |
|
w9538 |
Jonathan A. Parker Christian Julliard
|
Consumption Risk and Cross-Sectional Returns |
|
w9529 |
Michael W. Brandt Kenneth A. Kavajecz
|
Price Discovery in the U.S. Treasury Market: The Impact of Orderflow and Liquidity on the Yield Curve |
|
w9522 |
Hugh Rockoff
|
Deflation, Silent Runs, and Bank Holidays, in the Great Contraction |
|
w9520 |
Michael D. Bordo Angela Redish
|
Is Deflation depressing? Evidence from the Classical Gold Standard |
|
w9491 |
Laurence Ball N. Gregory Mankiw Ricardo Reis
|
Monetary Policy for Inattentive Economies |
|
w9486 |
Lars E. O. Svensson
|
Monetary Policy and Real Stabilization |
|
w9462 |
Todd Sinai Nicholas S. Souleles
|
Owner-Occupied Housing as a Hedge Against Rent Risk |
|
w9459 |
Jean Boivin Marc P. Giannoni
|
Has Monetary Policy Become More Effective? |
|
w9435 |
Silvana Tenreyro Robert J. Barro
|
Economic Effects of Currency Unions |
|
w9430 |
Lars E. O. Svensson Michael Woodford
|
Optimal Policy with Partial Information in a Forward-Looking Model: Certainty-Equivalence Redux |
|
w9421 |
Lars E. O. Svensson
|
What is Wrong with Taylor Rules? Using Judgment in Monetary Policy through Targeting Rules |
|
w9420 |
Marc P. Giannoni Michael Woodford
|
Optimal Interest-Rate Rules: II. Applications |
|
w9419 |
Marc P. Giannoni Michael Woodford
|
Optimal Interest-Rate Rules: I. General Theory |
2002
|
|
w9390 |
Peter N. Ireland
|
Endogenous Money or Sticky Prices? |
|
w9388 |
Eduardo Jallath-Coria Tridas Mukhopadhyay Amir Yaron
|
How Well Do Banks Manage Their Reserves? |
|
w9384 |
Anil K. Kashyap
|
Sorting Out Japan's Financial Crisis |
|
w9375 |
N. Gregory Mankiw Ricardo Reis
|
What Measure of Inflation Should a Central Bank Target? |
|
w9373 |
Casey B. Mulligan
|
Capital, Interest, and Aggregate Intertemporal Substitution |
|
w9370 |
V. V. Chari Patrick J. Kehoe
|
Time Consistency and Free-Riding in a Monetary Union |
|
w9368 |
Mitsuhiro Fukao
|
Financial Sector Profitability and Double-Gearing |
|
w9355 |
Aaron Tornell Frank Westermann
|
The Credit Channel in Middle Income Countries |
|
w9348 |
Jeeman Jung Robert J. Shiller
|
One Simple Test of Samuelson's Dictum for the Stock Market |
|
w9341 |
Michael T. Belongia Peter N. Ireland
|
The Own-Price of Money and a New Channel of Monetary Transmission |
|
w9333 |
Peter L. Rousseau
|
Historical Perspectives on Financial Development and Economic Growth |
|
w9321 |
Anna J. Schwartz
|
Asset Price Inflation and Monetary Policy |
|
w9320 |
Julio J. Rotemberg
|
Customer Anger at Price Increases, Time Variation in the Frequency of Price Changes and Monetary Policy |
|
w9297 |
Stanley Fischer
|
Financial Crises and Reform of the International Financial System |
|
w9291 |
Frederic S. Mishkin
|
The Role of Output Stabilization in the Conduct of Monetary Policy |
|
w9276 |
Barry Eichengreen
|
Still Fettered After All These Years |
|
w9274 |
Christina D. Romer David H. Romer
|
The Evolution of Economic Understanding and Postwar Stabilization Policy |
|
w9235 |
Laurence Ball
|
Short-Run Money Demand |
|
w9218 |
Bennett T. McCallum
|
Consistent Expectations, Rational Expectations, Multiple-Solution Indeterminacies, and Least-Squares Learnability |
|
w9203 |
Martin Feldstein
|
The Role for Discretionary Fiscal Policy in a Low Interest Rate Environment |
|
w9196 |
Jonathan Parker Bruce Preston
|
Precautionary Saving and Consumption Fluctuations |
|
w9178 |
John H. Cochrane Monika Piazzesi
|
Bond Risk Premia |
|
w9176 |
Kerry A. Odell Marc D. Weidenmier
|
Real Shock, Monetary Aftershock: The San Francisco Earthquake and the Panic of 1907 |
|
w9174 |
John C. Driscoll Steinar Holden
|
Coordination, Fair Treatment and Inflation Persistence |
|
w9137 |
Gary Gorton Lixin Huang
|
Banking Panics and the Origin of Central Banking |
|
w9127 |
James H. Stock Mark W. Watson
|
Has the Business Cycle Changed and Why? |
|
w9102 |
Gary Gorton Lixin Huang
|
Bank Panics and the Endogeneity of Central Banking |
|
w9075 |
John Y. Campbell Luis M. Viceira Joshua S. White
|
Foreign Currency for Long-Term Investors |
|
w9072 |
Alberto Alesina Robert J. Barro Silvana Tenreyro
|
Optimal Currency Areas |
|
w9063 |
Eric M. Leeper Tao Zha
|
Empirical Analysis of Policy Interventions |
|
w9062 |
Jonathan Kearns Roberto Rigobon
|
Identifying the Efficacy of Central Bank Interventions: The Australian Case |
|
w9019 |
Michael D. Bordo Antu Panini Murshid
|
Globalization and Changing Patterns in the International Transmission of Shocks in Financial Markets |
|
w9005 |
Lawrence J. Christiano Christopher Gust Jorge Roldos
|
Monetary Policy in a Financial Crisis |
|
w8992 |
Frederic S. Mishkin Eugene N. White
|
U.S. Stock Market Crashes and Their Aftermath: Implications for Monetary Policy |
|
w8972 |
Benjamin M. Friedman
|
The Use and Meaning of Words in Central Banking: Inflation Targeting, Credibility, and Transparency |
|
w8970 |
Stephen G. Cecchetti Hans Genberg Sushil Wadhwani
|
Asset Prices in a Flexible Inflation Targeting Framework |
|
w8966 |
Michael D. Bordo Olivier Jeanne
|
Boom-Busts in Asset Prices, Economic Instability, and Monetary Policy |
|
w8940 |
Laurence Ball N. Gregory Mankiw
|
The NAIRU in Theory and Practice |
|
w8937 |
Douglas W. Diamond Raghuram G. Rajan
|
Liquidity Shortages and Banking Crises |
|
w8935 |
Stephen G. Cecchetti
|
The New Economy and the Challenges for Macroeconomic Policy |
|
w8930 |
Stanley Fischer Ratna Sahay Carlos A. Vegh
|
Modern Hyper- and High Inflations |
|
w8925 |
Lars E.O. Svensson
|
Inflation Targeting: Should It Be Modeled as an Instrument Rule or a Targeting Rule? |
|
w8919 |
Julio J. Rotemberg
|
Stochastic Technical Progress, Nearly Smooth Trends and Distinct Business Cycles |
|
w8912 |
Stefania Albanesi V.V. Chari Lawrence J. Christiano
|
Expectation Traps and Monetary Policy |
|
w8905 |
Jordi Gali Tommaso Monacelli
|
Monetary Policy and Exchange Rate Volatility in a Small Open Economy |
|
w8882 |
Christian Jensen Bennett C. McCallum
|
The Non-Optimality of Proposed Monetary Policy Rules Under Timeless-Perspective Commitment |
|
w8870 |
Richard Clarida Jordi Gali Mark Gertler
|
A Simple Framework for International Monetary Policy Analysis |
|
w8865 |
Steinar Holden
|
The Costs of Price Stability - Downward Nominal Wage Rigidity in Europe |
|
w8864 |
Alejandro Reynoso
|
Can Subsidiaries of Foreign Banks Contribute to the Stability of the Forex Market in Emerging Economies? A Look at Some Evidence from the Mexican... |
|
w8856 |
Cormac O Grada Eugene N. White
|
Who Panics During Panics? Evidence from a Nineteenth Century Savings Bank |
|
w8850 |
Jordi Gali Mark Gertler J. David Lopez-Salido
|
Markups, Gaps, and the Welfare Costs of Business Fluctuations |
|
w8839 |
John H. Cochrane Monika Piazzesi
|
The Fed and Interest Rates: A High-Frequency Identification |
|
w8837 |
Martin Feldstein
|
Economic and Financial Crises in Emerging Market Economies: Overview of Prevention and Management |
|
w8821 |
Peter N. Ireland
|
Implementing the Friedman Rule |
|
w8800 |
Christina D. Romer David H. Romer
|
A Rehabilitation of Monetary Policy in the 1950s |
|
w8785 |
Laurence Ball Robert Tchaidze
|
The Fed and the New Economy |
|
w8768 |
Jordi Gali J. David Lopez-Salido Javier Valles
|
Technology Shocks and Monetary Policy: Assessing the Fed's Performance |
|
w8767 |
Jordi Gali
|
New Perspectives on Monetary Policy, Inflation, and the Business Cycle |
|
w8748 |
Ariel Burstein Martin Eichenbaum Sergio Rebelo
|
Why Are Rates of Inflation So Low After Large Devaluations? |
|
w8717 |
Michael D. Bordo Anna J. Schwartz
|
Charles Goodhart's Contributions to the History of Monetary Institutions |
|
w8716 |
Barry Eichengreen Michael D. Bordo
|
Crises Now and Then: What Lessons from the Last Era of Financial Globalization |
|
w8700 |
Michael F. Bryan Stephen G. Cecchetti Roisin O'Sullivan
|
Asset Prices in the Measurement of Inflation |
2001
|
|
w8695 |
Christopher D. Carroll
|
The Epidemiology of Macroeconomic Expectations |
|
w8690 |
Steinar Holden John C. Driscoll
|
A Note on Inflation Persistence |
|
w8684 |
Carlos A. Vegh
|
Monetary Policy, Interest Rate Rules, and Inflation Targeting: Some Basic Equivalences |
|
w8681 |
Andrew Atkeson Patrick J. Kehoe
|
The Advantage of Transparent Instruments of Monetary Policy |
|
w8674 |
Michael Woodford
|
Monetary Policy in the Information Economy |
|
w8673 |
Michael Woodford
|
Imperfect Common Knowledge and the Effects of Monetary Policy |
|
w8671 |
Sebastian Edwards I. Igal Magendzo
|
Dollarization, Inflation and Growth |
|
w8669 |
Hans-Werner Sinn
|
Risk Taking, Limited Liability and the Competition of Bank Regulators |
|
w8647 |
Alberto Alesina Ignazio Angeloni Ludger Schuknecht
|
What Does the European Union Do? |
|
w8646 |
Alberto Alesina Ignazio Angeloni Federico Etro
|
Institutional Rules for Federations |
|
w8645 |
Alberto Alesina Ignazio Angeloni Federico Etro
|
The Political Economy of International Unions |
|
w8617 |
Frederic S. Mishkin
|
The Transmission Mechanism and the Role of Asset Prices in Monetary Policy |
|
w8614 |
N. Gregory Mankiw Ricardo Reis
|
Sticky Information: A Model of Monetary Nonneutrality and Structural Slumps |
|
w8604 |
Richard Clarida Jordi Gali Mark Gertler
|
Optimal Monetary Policy in Closed versus Open Economies: An Integrated Approach |
|
w8603 |
Richard Clarida
|
The Empirics of Monetary Policy Rules in Open Economies |
|
w8597 |
Boyan Jovanovic Peter L. Rousseau
|
Liquidity Effects in the Bond Market |
|
w8584 |
Michael D. Bordo Marc Flandreau
|
Core, Periphery, Exchange Rate Regimes, and Globalization |
|
w8583 |
Michael D. Bordo Michael J. Dueker David C. Wheelock
|
Aggregate Price Shocks and Financial Stability: The United Kingdom 1796-1999 |
|
w8582 |
Michael D. Bordo William G. Dewald
|
Bond Market Inflation Expectations in Industrial Countries: Historical Comparisons |
|
w8545 |
Michael D. Bordo Harold James
|
The Adam Klug Memorial Lecture: Haberler versus Nurkse: The Case for Floating Exchange Rates as an Alternative to Bretton Woods? |
|
w8539 |
Lawrence J. Christiano Massimo Rostagno
|
Money Growth Monitoring and the Taylor Rule |
|
w8496 |
Christopher D. Carroll Miles S. Kimball
|
Liquidity Constraints and Precautionary Saving |
|
w8471 |
N. Gregory Mankiw
|
U.S. Monetary Policy During the 1990s |
|
w8429 |
Michael D. Bordo Ronald MacDonald
|
The Inter-War Gold Exchange Standard: Credibility and Monetary Independence |
|
w8426 |
Robert Barsky Mark Bergen Shantanu Dutta Daniel Levy
|
What Can the Price Gap between Branded and Private Label Products Tell Us about Markups? |
|
w8421 |
Laurence Ball Robert Moffitt
|
Productivity Growth and the Phillips Curve |
|
w8410 |
Nicholas S. Souleles
|
Consumer Sentiment: Its Rationality and Usefulness in Forecasting Expenditure - Evidence from the Michigan Micro Data |
|
w8403 |
Lawrence J. Christiano Martin Eichenbaum Charles Evans
|
Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy |
|
w8397 |
Frederic S. Mishkin Klaus Schmidt-Hebbel
|
One Decade of Inflation Targeting in the World: What Do We Know and What Do We Need to Know? |
|
w8389 |
Robert B. Barsky Lutz Kilian
|
Do We Really Know that Oil Caused the Great Stagflation? A Monetary Alternative |
|
w8387 |
Christopher D. Carroll
|
A Theory of the Consumption Function, With and Without Liquidity Constraints (Expanded Version) |
|
w8379 |
Ben S. Bernanke Jean Boivin
|
Monetary Policy in a Data-Rich Environment |
|
w8363 |
Andrew Ang Monika Piazzesi
|
A No-Arbitrage Vector Autoregression of Term Structure Dynamics with Macroeconomic and Latent Variables |
|
w8354 |
Stephen G. Cecchetti Stefan Krause
|
Financial Structure, Macroeconomic Stability and Monetary Policy |
|
w8353 |
Hamid Mehran Joseph Tracy
|
The Impact of Employee Stock Options on the Evolution of Compensation in the 1990s |
|
w8350 |
Roberto Rigobon Brian Sack
|
Measuring the Reaction of Monetary Policy to the Stock Market |
|
w8322 |
Robert Dekle Kenneth M. Kletzer
|
Domestic Bank Regulation and Financial Crises: Theory and Empirical Evidence from East Asia |
|
w8320 |
Douglas Staiger James H. Stock Mark W. Watson
|
Prices, Wages and the U.S. NAIRU in the 1990s |
|
w8314 |
David B. Gross Nicholas S. Souleles
|
Do Liquidity Constraints and Interest Rates Matter for Consumer Behavior? Evidence from Credit Card Data |
|
w8290 |
N. Gregory Mankiw Ricardo Reis
|
Sticky Information Versus Sticky Prices: A Proposal to Replace the New Keynesian Phillips Curve |
|
w8289 |
Peter Blair Henry
|
Is Disinflation Good for the Stock Market? |
|
w8277 |
Craig Burnside Martin Eichenbaum Sergio Rebelo
|
On the Fiscal Implications of Twin Crises |
|
w8255 |
Lars E.O. Svensson Michael Woodford
|
Indicator Variables for Optimal Policy under Asymmetric Information |
|
w8246 |
Monika Piazzesi
|
An Econometric Model of the Yield Curve with Macroeconomic Jump Effects |
|
w8234 |
Todd W. Allen Christopher D. Carroll
|
Individual Learning About Consumption |
|
w8233 |
Christopher D. Carroll
|
Precautionary Saving and the Marginal Propensity to Consume out of Permanent Income |
|
w8226 |
Bennett T. McCallum
|
Should Monetary Policy Respond Strongly to Output Gaps? |
|
w8225 |
Bennett T. McCallum
|
Inflation Targeting and the Liquidity Trap |
|
w8221 |
John Y. Campbell Robert J. Shiller
|
Valuation Ratios and the Long-Run Stock Market Outlook: An Update |
|
w8218 |
Jordi Gali Mark Gertler J. David Lopez-Salido
|
European Inflation Dynamics |
|
w8180 |
James H. Stock Mark W. Watson
|
Forecasting Output and Inflation: The Role of Asset Prices |
|
w8175 |
Bennett T. McCallum Edward Nelson
|
Monetary Policy for an Open Economy: An Alternative Framework with Optimizing Agents and Sticky Prices |
|
w8174 |
Bennett T. McCallum
|
Monetary Policy Analysis in Models Without Money |
|
w8136 |
Peter N. Ireland
|
The Real Balance Effect |
|
w8115 |
Peter N. Ireland
|
Money's Role in the Monetary Business Cycle |
|
w8113 |
Chang-Tai Hsieh Christina D. Romer
|
Was the Federal Reserve Fettered? Devaluation Expectations in the 1932 Monetary Expansion |
|
c11059 |
Maurice Obstfeld Kenneth Rogoff
|
The Six Major Puzzles in International Macroeconomics: Is There a Common Cause? |
|
c11058 |
Francisco Rodriguez Dani Rodrik
|
Trade Policy and Economic Growth: A Skeptic's Guide to the Cross-National Evidence |
|
c11057 |
Harold L. Cole Lee E. Ohanian
|
Re-Examining the Contributions of Money and Banking Shocks to the U.S. Great Depression |
|
c11056 |
Stephen Morris Hyun Song Shin
|
Rethinking Multiple Equilibria in Macroeconomic Modeling |
|
c11055 |
Allan Drazen
|
The Political Business Cycle After 25 Years |
|
c11054 |
Daron Acemoglu Joshua Angrist
|
How Large are Human-Capital Externalities? Evidence from Compulsory-Schooling Laws |
|
c11053 |
Ben S. Bernanke Kenneth Rogoff
|
Abstracts |
|
c11052 |
Ben S. Bernanke Kenneth Rogoff
|
Editorial in "NBER Macroeconomics Annual 2000, Volume 15" |
|
c11051 |
Ben S. Bernanke Kenneth Rogoff
|
Front matter, table of contents |
|
w8100 |
Michael Bordo Anna J. Schwartz
|
From the Exchange Stabilization Fund to the International Monetary Fund |
|
w8085 |
Hans-Werner Sinn Michael Reutter
|
The Minimum Inflation Rate for Euroland |
|
w8072 |
Michael Woodford
|
Fiscal Requirements for Price Stability |
|
w8071 |
Michael Woodford
|
Inflation Stabilization and Welfare |
2000
|
|
w8057 |
Benjamin M. Friedman
|
Monetary Policy |
|
w8047 |
Benjamin M. Friedman
|
The Role of Interest Rates in Federal Reserve Policymaking |
|
w8025 |
Stefan Gerlach Lars E.O. Svensson
|
Money and Inflation in the Euro Area: A Case for Monetary Indicators? |
|
w7981 |
Judith A. Chevalier Anil K. Kashyap Peter E. Rossi
|
Why Don't Prices Rise During Periods of Peak Demand? Evidence from Scanner Data |
|
w7988 |
Laurence Ball
|
Near-Rationality and Inflation in Two Monetary Regimes |
|
w7957 |
Lars E.O. Svensson
|
The Zero Bound in an Open Economy: A Foolproof Way of Escaping from a Liquidity Trap |
|
w7955 |
Benjamin M. Friedman
|
Decoupling at the Margin: The Threat to Monetary Policy from the Electronic Revolution in Banking |
|
w7953 |
Lars E.O. Svensson Michael Woodford
|
Indicator Variables for Optimal Policy |
|
w7926 |
Frederic S. Mishkin
|
Prudential Supervision: Why Is It Important and What are the Issues? |
|
w7919 |
Charles W. Calomiris Joseph R. Mason
|
Causes of U.S. Bank Distress During the Depression |
|
w7916 |
Bennett T. McCallum
|
The Present and Future of Monetary Policy Rules |
|
w7915 |
Bennett T. McCallum Edward Nelson
|
Timeless Perspectives vs. Discretionary Monetary Policy In Forward-Looking Models |
|
w7910 |
Laurence Ball
|
Policy Rules and External Shocks |
|
w7909 |
Alan S. Blinder John Morgan
|
Are Two Heads Better Than One?: An Experimental Analysis of Group vs. Individual Decisionmaking |
|
w7908 |
Miguel Casares Bennett T. McCallum
|
An Optimizing IS-LM Framework with Endogenous Investment |
|
w7900 |
Michael D. Bordo Antu P. Murshid
|
Are Financial Crises Becoming Increasingly More Contagious? What is the Historical Evidence on Contagion? |
|
w7884 |
N. Gregory Mankiw
|
The Inexorable and Mysterious Tradeoff Between Inflation and Unemployment |
|
w7044 |
Frederic S. Mishkin
|
International Experiences with Different Monetary Policy Regimes |
|
w6518 |
Arturo Estrella Frederic S. Mishkin
|
Rethinking the Role of NAIRU in Monetary Policy: Implications of Model Formulation and Uncertainty |
|
w7864 |
Maurice Obstfeld Kenneth Rogoff
|
Do We Really Need a New International Monetary Compact? |
|
w7853 |
Michael Woodford
|
Monetary Policy in a World Without Money |
|
w7847 |
James D. Hamilton Oscar Jorda
|
A Model for the Federal Funds Rate Target |
|
w7839 |
Christopher D. Carroll
|
'Risky Habits' and the Marginal Propensity to Consume Out of Permanent Income, or, How Much Would a Permanent Tax Cut Boost Japanese Consumption? |
|
w7826 |
Christopher D. Carroll
|
Portfolios of the Rich |
|
w7618 |
Frederic S. Mishkin
|
Inflation Targeting in Emerging Market Countries |
|
w7598 |
Lars E.O. Svensson
|
The First Year of the Eurosystem: Inflation Targeting or Not? |
|
w7102 |
Frederic S. Mishkin
|
Lessons from the Asian Crisis |
|
w7777 |
Maurice Obstfeld Kenneth Rogoff
|
The Six Major Puzzles in International Macroeconomics: Is There a Common Cause? |
|
w7751 |
Anna J. Schwartz
|
The Rise and Fall of Foreign Exchange Market Intervention |
|
w7740 |
Ricardo J. Caballero Arvind Krishnamurthy
|
International Liquidity Management: Sterilization Policy in Illiquid Financial Markets |
|
w7725 |
Bennett T. McCallum
|
Alternative Monetary Policy Rules: A Comparison with Historical Settings for the United States, the United Kingdom, and Japan |
|
w7178 |
Lars E.O. Svensson
|
Does the P* Model Provide Any Rationale for Monetary Targeting? |
|
w6675 |
Bennett T. McCallum Edward Nelson
|
Nominal Income Targeting in an Open-Economy Optimizing Model |
|
w6545 |
Lars E. O. Svensson
|
Open-Economy Inflation Targeting |
|
w7715 |
Charles W. Calomiris Andrew Powell
|
Can Emerging Market Bank Regulators Establish Credible Discipline? The Case of Argentina, 1992-1999 |
|
w7689 |
Allen N. Berger Margaret K. Kyle Joseph M. Scalise
|
Did U.S. Bank Supervisors Get Tougher During the Credit Crunch? Did They Get Easier During the Banking Boom? Did It Matter to Bank Lending? |
|
w7681 |
Stephen G. Cecchetti Nelson C. Mark Robert J. Sonora
|
Price Level Convergence Among United States Cities: Lessons for the European Central Bank |
|
w7677 |
Bennett T. McCallum
|
Theoretical Analysis Regarding a Zero Lower Bound on Nominal Interest Rates |
|
w7675 |
Marvin J. Barth III Valerie A. Ramey
|
The Cost Channel of Monetary Transmission |
|
w7672 |
John V. Leahy Joseph Zeira
|
The Timing of Purchases and Aggregate Fluctuations |
|
w7647 |
Benjamin M. Friedman
|
What Have We Learned from the Reagan Deficits and Their Disappearance? |
|
w7629 |
Mark Carey
|
Dimensions of Credit Risk and Their Relationship to Economic Capital Requirements |
|
w7617 |
Frederic S. Mishkin Miguel A. Savastano
|
Monetary Policy Strategies for Latin America |
|
w7607 |
Russell W. Cooper Hubert Kempf
|
Designing Stabilization Policy in a Monetary Union |
|
w7602 |
J. Bradford DeLong
|
Cornucopia: The Pace of Economic Growth in the Twentieth Century |
|
w7589 |
John Y. Campbell
|
Asset Pricing at the Millennium |
|
w7582 |
Randall S. Kroszner Philip E. Strahan
|
Obstacles to Optimal Policy: The Interplay of Politics and Economics in Shaping Bank Supervision and Regulation Reforms |
|
w7087 |
Bennett T. McCallum
|
Role of the Minimal State Variable Criterion |
|
w5875 |
Bennett T. McCallum Edward Nelson
|
An Optimizing IS-LM Specification for Monetary Policy and Business Cycle Analysis |
|
w7571 |
N. Gregory Mankiw
|
The Savers-Spenders Theory of Fiscal Policy |
|
w7569 |
J. Bradford DeLong
|
The Shape of Twentieth Century Economic History |
|
w7559 |
Ben Bernanke Mark Gertler
|
Monetary Policy and Asset Price Volatility |
|
w7551 |
Jordi Gali Mark Gertler
|
Inflation Dynamics: A Structural Econometric Analysis |
|
w7550 |
Olivier Blanchard
|
What do we know about Macroeconomics that Fisher and Wicksell did not? |
|
w7549 |
Mark Gertler Cara S. Lown
|
The Information in the High Yield Bond Spread for the Business Cycle: Evidence and Some Implications |
|
w7547 |
Robert Barsky Lutz Kilian
|
A Monetary Explanation of the Great Stagflation of the 1970s |
|
w7528 |
Peter L. Rousseau
|
Jacksonian Monetary Policy, Specie Flows, and the Panic of 1837 |
|
w7515 |
Craig Burnside Martin Eichenbaum Jonas D.M. Fisher
|
Fiscal Shocks in an Efficiency Wage Model |
|
w7511 |
Peter N. Ireland
|
Sticky-Price Models of the Business Cycle: Specification and Stability |
|
w7498 |
John H. Cochrane
|
Money as Stock: Price Level Determination with no Money Demand |
|
w7490 |
Alexei Onatski James H. Stock
|
Robust Monetary Policy Under Model Uncertainty in a Small Model of the U.S. Economy |
|
w7482 |
Stephen G. Cecchetti Erica L. Groshen
|
Understanding Inflation: Implications for Monetary Policy |
|
w7461 |
David Romer
|
Keynesian Macroeconomics without the LM Curve |
|
w7459 |
Craig Burnside Martin Eichenbaum Jonas D.M. Fisher
|
Assessing the Effects of Fiscal Shocks |
1999
|
|
w7430 |
Douglas W. Diamond Raghuram G. Rajan
|
Liquidity Risk, Liquidity Creation and Financial Fragility: A Theory of Banking |
|
w7448 |
Peter L. Rousseau Richard Sylla
|
Emerging Financial Markets and Early U.S. Growth |
|
w7431 |
Douglas W. Diamond Raghuram G. Rajan
|
A Theory of Bank Capital |
|
w7426 |
Stephen G. Cecchetti Michael Ehrmann
|
Does Inflation Targeting Increase Output Volatility? An International Comparison of Policymakers' Preferences and Outcomes |
|
w5962 |
Lars E. O. Svensson
|
Inflation Targeting: Some Extensions |
|
w7420 |
Benjamin M. Friedman
|
The Future of Monetary Policy: The Central Bank as an Army With Only a Signal Corps |
|
w7396 |
Owen Lamont Christopher Polk
|
The Diversification Discount: Cash Flows vs. Returns |
|
w7395 |
Bennett T. McCallum
|
Analysis of the Monetary Transmission Mechanism: Methodological Issues |
|
w7393 |
Bennett T. McCallum
|
Theoretical Issues Pertaining to Monetary Unions |
|
w7386 |
Gerardo della Paolera Alan M. Taylor
|
Internal Versus External Convertibility and Developing-Country FinancialCrises: Lessons from the Argentine Bank Bailout of the 1930's |
|
w7365 |
Michael D. Bordo Lars Jonung
|
The Future of EMU: What Does the History of Monetary Unions Tell Us? |
|
w7333 |
James L. Heckman
|
Causal Parameters and Policy Analysis in Economcs: A Twentieth Century Retrospective |
|
w7319 |
Randall S. Kroszner Philip E. Strahan
|
Bankers on Boards: Monitoring, Conflicts of Interest, and Lender Liability |
|
w7313 |
Maurice Obstfeld Kenneth Rogoff
|
New Directions for Stochastic Open Economy Models |
|
w7302 |
Willem H. Buiter
|
The Fallacy of the Fiscal Theory of the Price Level |
|
w7282 |
Olivier Blanchard Justin Wolfers
|
The Role of Shocks and Institutions in the Rise of European Unemployment: The Aggregate Evidence |
|
w7276 |
Lars E.O. Svensson
|
Price Stability as a Target for Monetary Policy: Defining and Maintaining Price Stability |
|
w6390 |
Frederic S. Mishkin
|
International Capital Movements, Financial Volatility and Financial Instability |
|
w6046 |
Darrel Cohen Kevin A. Hassett R. Glenn Hubbard
|
Inflation and the User Cost of Capital: Does Inflation Still Matter? |
|
w7269 |
Olivier Blanchard Roberto Perotti
|
An Empirical Characterization of the Dynamic Effects of Changes in Government Spending and Taxes on Output |
|
w7261 |
Michael Woodford
|
Optimal Monetary Policy Inertia |
|
w7253 |
Michael Hutchison Kathleen McDill
|
Are All Banking Crises Alike? The Japanese Experience in International Comparison |
|
w7251 |
Joe Peek Eric S. Rosengren
|
Determinants of the Japan Premium: Actions Speak Louder Than Words |
|
w7245 |
Willem H. Buiter Nikolaos Panigirtzoglou
|
Liquidity Traps: How to Avoid Them and How to Escape Them |
|
w7234 |
Peter N. Ireland
|
Expectations, Credibility, and Time-Consistent Monetary Policy |
|
w7231 |
Carlo A. Favero Francesco Giavazzi Luca Flabbi
|
The Transmission Mechanism of Monetary Policy in Europe: Evidence from Banks' Balance Sheets |
|
w7207 |
Alberto Alesina Silvia Ardagna Roberto Perotti Fabio Schiantarelli
|
Fiscal Policy, Profits, and Investment |
|
w7186 |
Michael Bordo Michael Edelstein
|
Was Adherence to the Gold Standard a "Good Housekeeping Seal of Approval" During the Interwar Period? |
|
w7179 |
Glenn D. Rudebusch Lars E.O. Svensson
|
Eurosystem Monetary Targeting: Lessons from U.S. Data |
|
w7177 |
Lars E.O. Svensson
|
Monetary Policy Issues for the Eurosystem |
|
w7165 |
John C. Driscoll Harumi Ito
|
Sticky Prices, Coordination and Collusion |
|
w7161 |
Alan S. Blinder
|
Central Bank Credibility: Why Do We Care? How Do We Build It? |
|
w7160 |
Robert J. Shiller
|
Designing Indexed Units of Account |
|
w7152 |
Jon Faust Lars E.O. Svensson
|
The Equilibrium Degree of Transparency and Control in Monetary Policy |
|
w7151 |
Stephen G. Cecchetti
|
Legal Structure, Financial Structure, and the Monetary Policy Transmission Mechanism |
|
w5379 |
Arturo Estrella Frederic S. Mishkin
|
Predicting U.S. Recessions: Financial Variables as Leading Indicators |
|
w7147 |
Richard Clarida Jordi Gali Mark Gertler
|
The Science of Monetary Policy: A New Keynesian Perspective |
|
w7143 |
Craig Burnside Martin Eichenbaum Sergio Rebelo
|
Hedging and Financial Fragility in Fixed Exchange Rate Regimes |
|
w7125 |
Michael D. Bordo Ehsan U. Choudhri Anna J. Schwartz
|
Was Expansionary Monetary Policy Feasible During the Great Contraction? An Examination of the Gold Standard Constraint |
|
w7116 |
Casey B. Mulligan
|
Microfoundations and Macro Implications of Indivisible Labor |
|
w7113 |
Barry Eichengreen Ashoka Mody
|
Lending Booms, Reserves, and the Sustainability of Short-Term Debt: Inferences from the Pricing of Syndicated Bank Loans |
|
w7090 |
Susanto Basu Alan M. Taylor
|
Business Cycles in International Historical Perspective |
|
w7088 |
Bennett T. McCallum
|
Recent Developments in Monetary Policy Analysis: The Roles of Theory and Evidence |
|
w6655 |
Frederic S. Mishkin
|
Financial Consolidation: Dangers and Opportunities |
|
w5980 |
Matthew D. Shapiro David W. Wilcox
|
Alternative Strategies for Aggregating Prices in the CPI |
|
w7055 |
Owen Lamont
|
Economic Tracking Portfolios |
|
w7029 |
John Y. Campbell Joao F. Cocco Francisco J. Gomes Pascal J. Maenhout
|
Investing Retirement Wealth: A Life-Cycle Model |
|
w7023 |
James H. Stock Mark W. Watson
|
Forecasting Inflation |
|
w7017 |
Lawrence J. Christiano Christopher J. Gust
|
Taylor Rules in a Limited Participation Model |
|
w5849 |
Frederic S. Mishkin
|
Bank Consolidation: A Central Banker's Perspective |
|
w5497 |
Michael D. Bordo Tamim Bayoumi
|
Getting Pegged: Comparing the 1879 and 1925 Gold Resumptions |
|
w5336 |
Susanto Basu
|
Procyclical Productivity: Increasing Returns or Cyclical Utilization? |
|
w6965 |
Frederic S. Mishkin
|
International Experiences with Different Monetary Policy Regimes |
|
w6962 |
Anil K. Kashyap Raghuram Rajan Jeremy C. Stein
|
Banks as Liquidity Providers: An Explanation for the Co-Existence of Lending and Deposit-Taking |
|
w6948 |
Christina D. Romer
|
Changes in Business Cycles: Evidence and Explanations |
|
w6892 |
Fredric S. Mishkin Philip E. Strahan
|
What Will Technology Do to Financial Structure? |
|
w6883 |
Alberto Alesina Romain Wacziarg
|
Is Europe Going Too Far? |
1998
|
|
w6862 |
Michael D. Bordo Carlos A. Vegh
|
What If Alexander Hamilton Had Been Argentinean? A Comparison of the Early Monetary Experiences of Argentina and the United States |
|
w6824 |
Michael D. Bordo Anna J. Schwartz
|
Under What Circumstances, Past and Present, Have International Rescues of Countries in Financial Distress Been Successful? |
|
w6812 |
Simon Gilchrist John C. Williams
|
Putty-Clay and Investment: A Business Cycle Analysis |
|
w6793 |
Christina D. Romer David H. Romer
|
Monetary Policy and the Well-Being of the Poor |
|
w6790 |
Lars E.O. Svensson
|
Inflation Targeting as a Monetary Policy Rule |
|
w6768 |
John B. Taylor
|
An Historical Analysis of Monetary Policy Rules |
|
w6760 |
Laurence Ball
|
Policy Rules for Open Economies |
|
w6730 |
Takatoshi Ito Yuri Nagatake Sasaki
|
Impacts of the Basle Capital Standard on Japanese Banks' Behavior |
|
w6692 |
Peter Temin
|
The Causes of American Business Cycles: An Essay in Economic Historiography |
|
w6660 |
Hasan Bakhshi Andrew G. Haldane Neal Hatch
|
Some Costs and Benefits of Price Stability in the United Kingdom |
|
w6652 |
Simon Gilchrist Charles Himmelberg
|
Investment, Fundamentals and Finance |
|
w6641 |
Robert J. Shiller
|
Social Security and Institutions for Intergenerational, Intragenerational, and International Risk Sharing |
|
w6636 |
Olivier Blanchard Pedro Portugal
|
What Hides Behind an Umemployment Rate: Comparing Portuguese and U.S. Unemployment |
|
w6632 |
John Shea
|
What Do Technology Shocks Do? |
|
w6618 |
Julio J. Rotemberg Michael Woodford
|
Interest-Rate Rules in an Estimated Sticky Price Model |
|
w6608 |
Ben S. Bernanke Ilian Mihov
|
The Liquidity Effect and Long-Run Neutrality |
|
w6607 |
James H. Stock Mark W. Watson
|
A Comparison of Linear and Nonlinear Univariate Models for Forecasting Macroeconomic Time Series |
|
w6599 |
Bennett T. McCallum Edward Nelson
|
Performance of Operational Policy Rules in an Estimated Semi-Classical Structural Model |
|
w6597 |
Laurence Ball
|
Another Look at Long-Run Money Demand |
|
w6596 |
Jagadeesh Gokhale Laurence J. Kotlikoff
|
Medicare from the Perspective of Generational Accounting |
|
w6570 |
Andrew Levin Volker Wieland John C. Williams
|
Robustness of Simple Monetary Policy Rules under Model Uncertainty |
|
w6568 |
Christopher D. Carroll Byung-Kun Rhee Changyong Rhee
|
Does Cultural Origin Affect Saving Behavior? Evidence from Immigrants |
|
w6549 |
Christopher D. Carroll
|
Why Do the Rich Save So Much? |
|
w6543 |
Andrew G. Haldane Nicoletta Batini
|
Forward-Looking Rules for Monetary Policy |
|
w6528 |
James H. Stock Mark W. Watson
|
Business Cycle Fluctuations in U.S. Macroeconomic Time Series |
|
w6522 |
Willem H. Buiter
|
Notes on "A Code for Fiscal Stability" |
|
w6512 |
Glenn D. Rudebusch Lars E. O. Svensson
|
Policy Rules for Inflation Targeting |
|
w6492 |
Paul R. Bergin Robert C. Feenstra
|
Staggered Price Setting and Endogenous Persistence |
|
w6471 |
Matthew B. Canzoneri Robert E. Cumby Behzad T. Diba
|
Is the Price Level Determined by the Needs of Fiscal Solvency? |
|
w6456 |
Bennett T. McCallum
|
Indeterminacy, Bubbles, and the Fiscal Theory of Price Level Determination |
|
w6455 |
Ben Bernanke Mark Gertler Simon Gilchrist
|
The Financial Accelerator in a Quantitative Business Cycle Framework |
|
w6452 |
Jon Faust Lars E. O. Svensson
|
Transparency and Credibility: Monetary Policy with Unobservable Goals |
|
w6445 |
Julio J. Rotemberg
|
Cyclical Movements in Wages and Consumption in a Bargaining Model of Unemployment |
|
w6442 |
Richard Clarida Jordi Gali Mark Gertler
|
Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory |
|
w6436 |
Michael D. Bordo Barry Eichengreen
|
The Rise and Fall of a Barbarous Relic: The Role of Gold in the International Monetary SYstem |
|
w5279 |
Arturo Estrella Frederic S. Mishkin
|
The Term Structure of Interest Rates and Its Role in Monetary Policy for The European Central Bank |
|
w6400 |
Lawrence J. Christiano Martin Eichenbaum Charles L. Evans
|
Monetary Policy Shocks: What Have We Learned and to What End? |
|
w6396 |
Willem H. Buiter
|
The Young Person's Guide to Neutrality, Price Level Indeterminacy, Interest Rate Pegs, and Fiscal Theories of the Price Level |
|
w6126 |
Frederic S. Mishkin Adam S. Posen
|
Inflation Targeting: Lessons from Four Countries |
|
w6122 |
Frederic S. Mishkin
|
Strategies for Controlling Inflation |
|
w5579 |
Bennett T. McCallum
|
Inflation Targeting in Canada, New Zealand, Sweden, the United Kingdom, and in General |
|
w5465 |
Benjamin M. Friedman
|
The Rise and Fall of Money Growth Targets as Guidelines for U.S. Monetary Policy |
|
w2206 |
Charles W. Calomiris R. Glenn Hubbard
|
International Adjustment Under the Classical Gold Standard: Evidence for the U.S. and Britain, 1879-1914 |
|
w6371 |
Lawrence J. Christiano Martin Eichenbaum Charles L. Evans
|
Modeling Money |
|
w6369 |
Rudiger Dornbusch Carlo A. Favero Francesco Giavazzi
|
The Immediate Challenges for the European Central Bank |
|
w6356 |
Robert J. Shiller
|
Indexed Units of Account: Theory and Assessment of Historical Experience |
1997
|
|
w6329 |
Torsten Persson Guido Tabellini
|
Political Economics and Macroeconomic Policy |
|
w6326 |
Casey B. Mulligan
|
Pecuniary Incentives to Work in the U.S. during World War II |
|
w6317 |
Robert J. Barro
|
Myopia and Inconsistency in the Neoclassical Growth Model |
|
w6306 |
Stephen G. Cecchetti
|
Central Bank Policy Rules: Conceptual Issues and Practical Considerations |
|
w6298 |
Christopher D. Carroll
|
Death to the Log-Linearized Consumption Euler Equation! (And Very Poor Health to the Second-Order Approximation) |
|
w6291 |
Bennett T. McCallum
|
The Alleged Instability of Nominal Income Targeting |
|
w6289 |
Herschel I. Grossman
|
"Make Us a King": Anarchy, Predation, and the State |
|
w6258 |
Olivier Jeanne
|
Generating Real Persistent Effects of Monetary Shocks: How Much Nominal Rigidity Do We Really Need? |
|
w6254 |
Richard Clarida Jordi Gali Mark Gertler
|
Monetary Policy Rules in Practice: Some International Evidence |
|
w6226 |
Christopher L. Foote
|
The Surprising Symmetry of Gross Job Flows |
|
w6210 |
Owen Lamont Christopher Polk Jesus Saa-Requejo
|
Financial Constraints and Stock Returns |
|
w5797 |
Lars E. O. Svensson
|
Inflation Forecast Targeting: Implementing and Monitoring Inflation Targets |
|
w5213 |
Robert B. Barsky Miles S. Kimball F. Thomas Juster Matthew D. Shapiro
|
Preference Parameters and Behavioral Heterogeneity: An Experimental Approach in the Health and Retirement Survey |
|
w6201 |
Michael D. Bordo Anna J. Schwartz
|
Monetary Policy Regimes and Economic Performance: The Historical Record |
|
w6200 |
Martin Feldstein
|
Capital Income Taxes and the Benefit of Price Stability |
|
w6197 |
Robert J. Barro
|
Optimal Management of Indexed and Nominal Debt |
|
w6188 |
Michael Woodford
|
Doing Without Money: Controlling Inflation in a Post-Monetary World |
|
w6183 |
Michael F. Bryan Stephen G. Cecchetti Rodney L. Wiggins II
|
Efficient Inflation Estimation |
|
w6170 |
Karl-Heinz Todter Gerhard Ziebarth
|
Price Stability vs. Low Inflation in Germany: An Analysis of Costs and Benefits |
|
w6157 |
Ben S. Bernanke Michael Woodford
|
Inflation Forecasts and Monetary Policy |
|
w6138 |
Christopher D. Carroll Jody Overland David N. Weil
|
Comparison Utility in a Growth Model |
|
w5557 |
Christina D. Romer David H. Romer
|
Institutions for Monetary Stability |
|
w6117 |
David Romer
|
Misconceptions and Political Outcomes |
|
w6115 |
Michael D. Bordo Ronald MacDonald
|
Violations of the `Rules of the Game' and the Credibility of the Classical Gold Standard, 1880-1914 |
|
w6094 |
Russell Cooper Dean Corbae
|
Financial Fragility and the Great Depression |
|
w6081 |
Christopher D. Carroll Wendy E. Dunn
|
Unemployment Expectations, Jumping (S,s) Triggers, and Household Balance Sheets |
|
w5893 |
Ben S. Bernanke Frederic S. Mishkin
|
Inflation Targeting: A New Framework for Monetary Policy? |
|
w5251 |
Lars E.O. Svensson
|
Optimal Inflation Targets, `Conservative' Central Banks, and Linear Inflation Contracts |
|
w5080 |
Frederic S. Mishkin John Simon
|
An Empirical Examination of the Fisher Effect in Australia |
|
w6071 |
Michael D. Bordo Christopher J. Erceg Charles N. Evans
|
Money, Sticky Wages, and the Great Depression |
|
w6064 |
Mihir A. Desai James R. Hines Jr.
|
Excess Capital Flows and the Burden of Inflation in Open Economies |
|
w6063 |
Eugene N. White
|
The Legacy of Deposit Insurance: The Growth, Spread, and Cost of Insuring Financial Intermediaries |
|
w6062 |
Javier Andres Ignacio Hernando
|
Does Inflation Harm Economic Growth? Evidence for the OECD |
|
w6061 |
Erica L. Groshen Mark E. Schweitzer
|
Identifying Inflation's Grease and Sand Effects in the Labor Market |
|
w6060 |
Barry Eichengreen Peter Temin
|
The Gold Standard and the Great Depression |
|
w6056 |
Anil K Kashyap Jeremy C. Stein
|
What Do a Million Banks Have to Say About the Transmission of Monetary Policy? |
|
w5710 |
Michael D. Bordo Anna J. Schwartz
|
Why Clashes Between Internal and External Stability Goals End in Currency Crises, 1797-1994 |
|
w5699 |
Anna J. Schwartz
|
From Obscurity to Notoriety: A Biography of the Exchange Stabilization Fund |
|
w5600 |
Frederic S. Mishkin
|
Understanding Financial Crises: A Developing Country Perspective |
|
w5590 |
Matthew D. Shapiro David W. Wilcox
|
Mismeasurement in the Consumer Price Index: An Evaluation |
|
w6024 |
Alberto Alesina Romain Wacziarg
|
Openness, Country Size and the Government |
|
w6016 |
Bennett T. McCallum
|
Issues in the Design of Monetary Policy Rules |
|
w6015 |
Stephen G. Cecchetti
|
Understanding the Great Depression: Lessons for Current Policy |
|
w6000 |
Mark Gertler
|
Government Debt and Social Security in a Life-Cycle Economy |
|
w5997 |
Herschel I. Grossman Taejoon Han
|
Sovereign Debt and Consumption Smoothing |
|
w5996 |
R. Glenn Hubbard
|
Capital-Market Imperfections and Investment |
|
w5963 |
Charles W. Calomiris David C. Wheelock
|
Was the Great Depression a Watershed for American Monetary Policy? |
|
w5954 |
Casey B. Mulligan Xavier X. Sala-i-Martin
|
The Optimum Quantity of Money: Theory and Evidence |
|
w5952 |
Laurence Ball
|
Efficient Rules for Monetary Policy |
|
w5212 |
Benjamin M. Friedman
|
Does Monetary Policy Affect Real Economic Activity?: Why Do We Still Ask This Question? |
|
t0086 |
Lars Peter Hansen Kenneth J. Singleton
|
Efficient Estimation of Linear Asset Pricing Models with Moving-Average Errors |
|
w5947 |
Sergio Rebelo Danyang Xie
|
On the Optimality of Interest Rate Smoothing |
|
w5944 |
Pierluigi Balduzzi Giuseppe Bertola Silverio Foresi Leora Klapper
|
Interest Rate Targeting and the Dynamics of Short-Term Rates |
|
w4860 |
Michael D. Bordo Anna J. Schwartz
|
The Specie Standard as a Contingent Rule: Some Evidence for Core and Peripheral Countries, 1880-1990 |
|
w5908 |
Martin Feldstein
|
The CEA: From Stabilization to Resource Allocation |
|
w5883 |
Michael D. Bordo Barry Eichengreen
|
Implications of the Great Depression for the Development of the International Monetary System |
|
w5882 |
Willem H. Buiter Ricardo Lago Helene Rey
|
A Portfolio Approach to a Cross-Sectoral and Cross-National Investment Strategy in Transition Economies |
1996
|
|
w5857 |
John Y. Campbell Luis M. Viceira
|
Consumption and Portfolio Decisions When Expected Returns are Time Varying |
|
w5210 |
Nicholas Economides R. Glenn Hubbard Darius Palia
|
The Political Economy of Branching Restrictions and Deposit Insurance: A Model of Monopolistic Competition among Small and Large Banks |
|
w4515 |
Caroline M. Betts Michael D. Bordo Angela Redish
|
A Small Open Economy in Depression: Lessons from Canada in the 1930s |
|
w5845 |
Arturo Estrella Frederic S. Mishkin
|
Is There a Role for Monetary Aggregates in the Conduct of Monetary Policy? |
|
w5821 |
David G. Barr John Y. Campbell
|
Inflation, Real Interest Rates, and the Bond Market: A Study of UK Nominal and Index-Linked Government Bond Prices |
|
w5310 |
Stephen G. Cecchetti Anil K Kashyap
|
International Cycles |
|
h0067 |
Michael D. Bordo Angela Redish
|
A Comparison of the Stability and Efficiency of the Canadian and American Banking Systems 1870-1925 |
|
w5809 |
V. V. Chari Patrick J. Kehoe Ellen R. McGrattan
|
Sticky Price Models of the Business Cycle: Can the Contract Multiplier Solve the Persistence Problem? |
|
w5804 |
Lawrence J. Christiano Martin Eichenbaum Charles L. Evans
|
Sticky Price and Limited Participation Models of Money: A Comparison |
|
w5793 |
Michael F. Bryan Stephen G. Cecchetti
|
Inflation and the Distribution of Price Changes |
|
w5788 |
Christopher D. Carroll
|
Buffer-Stock Saving and the Life Cycle/Permanent Income Hypothesis |
|
w5786 |
Stephen G. Cecchetti
|
Measuring Short-Run Inflation for Central Bankers |
|
w5141 |
Benjamin M. Friedman
|
Economic Implications of Changing Share Ownership |
|
w4546 |
Michael D. Bordo Hugh Rockoff Angela Redish
|
A Comparison of the United States and Canadian Banking Systems in the Twentieth Century: Stability vs. Efficiency? |
|
w5772 |
Mats Persson Torsten Persson Lars E. O. Svensson
|
Debt, Cash Flow and Inflation Incentives: A Swedish Example |
|
w5764 |
Ben S. Bernanke Ilian Mihov
|
What Does the Bundesbank Target? |
|
w5730 |
Alberto Alesina Roberto Perotti
|
Fiscal Adjustments in OECD Countries: Composition and Macroeconomic Effects |
|
w5719 |
Lars E. O. Svensson
|
Price Level Targeting vs. Inflation Targeting: A Free Lunch? |
|
w5694 |
Alberto Alesina Enrico Spolaore
|
International Conflict, Defense Spending and the Size of Countries |
|
t0201 |
James H. Stock Mark W. Watson
|
Asymptotically Median Unbiased Estimation of Coefficient Variance in a Time Varying Parameter Model |
|
w5692 |
Christina D. Romer David H. Romer
|
Federal Reserve Private Information and the Behavior of Interest Rates |
|
w5684 |
Michael Woodford
|
Control of the Public Debt: A Requirement for Price Stability? |
|
w5660 |
Michael Woodford
|
Loan Commitments and Optimal Monetary Policy |
|
w5627 |
Guy Debelle Owen Lamont
|
Relative Price Variability and Inflation: Evidence from US Cities |
|
w5614 |
Alberto Alesina Tamim Bayoumi
|
The Costs and Benefits of Fiscal Rules: Evidence from U.S. States |
|
w5611 |
J. Bradford De Long
|
Keynesianism, Pennsylvania Avenue Style: Some Economic Consequences of the Employment Act of 1946 |
|
w5610 |
John Y. Campbell
|
Consumption and the Stock Market: Interpreting International Experience |
|
w5607 |
N. Gregory Mankiw James M. Poterba
|
Stock Market Yields and the Pricing of Municipal Bonds |
|
w5597 |
Bennett T. McCallum
|
Crucial Issues Concerning Central Bank Independence |
|
w5587 |
John Y. Campbell Robert J. Shiller
|
A Scorecard for Indexed Government Debt |
|
w5586 |
Alberto Alesina Ricardo Hausmann Rudolf Hommes Ernesto Stein
|
Budget Institutions and Fiscal Performance in Latin America |
|
w5581 |
Richard Clarida Mark Gertler
|
How the Bundesbank Conducts Monetary Policy |
|
w5575 |
Christina D. Romer
|
Inflation and the Growth Rate of Output |
|
w5573 |
Rudi Dornbusch
|
Debt and Monetary Policy: The Policy Issues |
|
w5556 |
Alberto Alesina Roberto Perotti
|
Budget Deficits and Budget Institutions |
|
w5464 |
Frederic S. Mishkin
|
The Channels of Monetary Transmission: Lessons for Monetary Policy |
|
w4642 |
Michael D. Bordo Dominique Simard Eugene White
|
France and the Bretton Woods International Monetary System: 1960-1968 |
|
t0196 |
Matthew D. Shapiro David W. Wilcox
|
Generating Non-Standard Multivariate Distributions with an Application to Mismeasurement in the CPI |
|
h0084 |
J. Bradford De Long
|
America's Only Peacetime Inflation: The 1970s |
|
w5540 |
Marta Campillo Jeffrey A. Miron
|
Why Does Inflation Differ Across Countries? |
|
w5539 |
Robert J. Shiller
|
Why Do People Dislike Inflation? |
|
w5538 |
David Card Dean Hyslop
|
Does Inflation "Grease the Wheels of the Labor Market"? |
|
w5263 |
Laurence Ball N. Gregory Mankiw
|
What Do Budget Deficits Do? |
|
w4692 |
Bennett T. McCallum
|
Monetary Policy Rules and Financial Stability |
|
w5520 |
Laurence Ball
|
Disinflation and the NAIRU |
|
w5504 |
Casey B. Mulligan Xavier Sala-i-Martin
|
Adoption of Financial Technologies: Implications for Money Demand and Monetary Policy |
|
w5499 |
Owen Lamont
|
Cash Flow and Investment: Evidence from Internal Capital Markets |
|
w5477 |
Douglas Staiger James H. Stock Mark W. Watson
|
How Precise are Estimates of the Natural Rate of Unemployment? |
|
w5046 |
Miles S. Kimball
|
The Quantitative Analytics of the Basic Neomonetarist Model |
|
w3824 |
Julio J. Rotemberg John C. Driscoll James M. Poterba
|
Money, Output and Prices: Evidence from A New Monetary Aggregate |
|
t0193 |
John Shea
|
Instrument Relevance in Multivariate Linear Models: A Simple Measure |
|
w5452 |
Michael Bruno William Easterly
|
Inflation's Children: Tales of Crises that Beget Reforms |
|
w5161 |
Stephen G. Cecchetti
|
Inflation Indicators and Inflation Policy |
|
w3367 |
Michael D. Bordo Finn E. Kydland
|
The Gold Standard as a Rule |
1995
|
|
w5402 |
Owen Lamont
|
Do "Shortages" Cause Inflation? |
|
w5382 |
Susanto Basu John G. Fernald
|
Aggregate Productivity and the Productivity of Aggregates |
|
w5371 |
Michael D. Bordo Bruce Mizrach Anna J. Schwartz
|
Real Versus Pseudo-International Systemic Risk: Some Lessons from History |
|
w5363 |
Andrew B. Abel Janice C. Eberly
|
The Effects of Irreversibility and Uncertainty on Capital Accumulation |
|
w5344 |
Laurence Ball Dean Croushore
|
Expectations and the Effects of Monetary Policy |
|
w5338 |
Joshua Aizenman Ricardo Hausmann
|
The Impact of Inflation on Budgetary Discipline |
|
w4547 |
Bernhard Eschweiler Michael D. Bordo
|
Rules, Discretion, and Central Bank Independence: The German Experience 1880-1989 |
|
w5326 |
Robert J. Barro
|
Inflation and Economic Growth |
|
w5305 |
John Shea
|
Complementarities and Comovements |
|
w5304 |
John Shea
|
Comovement in Cities |
|
w5284 |
Owen Lamont
|
Macroeconomics Forecasts and Microeconomic Forecasters |
|
w4977 |
R. Glenn Hubbard
|
Is There a `Credit Channel' for Monetary Policy? |
|
w4704 |
R. Glenn Hubbard Darius Palia
|
Executive Pay and Performance: Evidence from the U.S. Banking Industry |
|
w5269 |
V. V. Chari Lawrence J. Christiano Martin Eichenbaum
|
Inside Money, Outside Money and Short Term Interest Rates |
|
w5258 |
Jeffrey A. Miron J. Joseph Beaulieu
|
What Have Macroeconomists Learned about Business Cycles from the Study of Seasonal Cycles? |
|
w4481 |
Michael D. Bordo Ehsan U. Choudhri Anna J. Schwartz
|
Could Stable Money Have Averted The Great Contraction? |
|
w5217 |
Jeremy C. Stein
|
An Adverse Selection Model of Bank Asset and Liability Management with Implications for the Transmission of Monetary Policy |
|
w5214 |
Alberto Alesina Roberto Perotti
|
Fiscal Expansions and Fiscal Adjustments in OECD Countries |
|
w5204 |
Michael Woodford
|
Price Level Determinacy Without Control of a Monetary Aggregate |
|
w4993 |
Franklin R. Edwards Frederic S. Mishkin
|
The Decline of Traditional Banking: Implications for Financial Stabilityand Regulatory Policy |
|
w4706 |
Bennett T. McCallum
|
A Semi-Classical Model of Price Level Adjustment |
|
w5191 |
Maurice Obstfeld Kenneth Rogoff
|
The Mirage of Fixed Exchange Rates |
|
w5186 |
Daniel Feenberg Jeffrey A. Miron
|
Improving the Accessibility of the NBER's Historical Data |
|
w5173 |
Michael F. Bryan Stephen G. Cecchetti
|
The Seasonality of Consumer Prices |
|
w5075 |
Bennett T. McCallum
|
Two Fallacies Concerning Central Bank Independence |
|
w4677 |
Laurence Ball N. Gregory Mankiw
|
A Sticky-Price Manifesto |
|
w5156 |
Jeffrey A. Frankel Chudozie Okongwu
|
Liberalized Portfolio Capital Inflows in Emerging Capital Markets: Sterilization, Expectations, and the Incompleteness of Interest Rate Convergence |
|
w5154 |
John H. Cochrane
|
What do the VARs Mean?: Measuring the Output Effects of Monetary Policy |
|
w5146 |
Ben S. Bernanke Mark Gertler
|
Inside the Black Box: The Credit Channel of Monetary Policy Transmission |
|
w5145 |
Ben S. Bernanke Ilian Mihov
|
Measuring Monetary Policy |
|
w5140 |
Willem H. Buiter Giancarlo Corsetti Paolo A. Pesenti
|
A Center-Periphery Model of Monetary Coordination and Exchange Rate Crises |
|
w5109 |
Herschel I. Grossman
|
American Fiscal Policy in the 1990's |
|
w5096 |
Robert C. Merton
|
Financial Innovation and the Management and Regulation of Financial Institutions |
|
w4415 |
Michael D. Bordo Charles L. Evans
|
Labor Productivity During the Great Depression |
|
w5064 |
Stanley Fischer
|
Modern Approaches to Central Banking |
|
w5050 |
Alberto Alesina Enrico Spolaore
|
On the Number and Size of Nations |
|
w4636 |
Frederic S. Mishkin
|
Preventing Financial Crises: An International Perspective |
|
w4633 |
Lars E.O. Svensson
|
Monetary Policy with Flexible Exchange Rates and Forward Interest Rates as Indicators |
|
w4168 |
Laurence Ball N. Gregory Mankiw
|
Relative-Price Changes as Aggregate Supply Shocks |
|
w5045 |
John H. Boyd Mark Gertler
|
Are Banks Dead? Or Are the Reports Greatly Exaggerated? |
|
w5043 |
Frederic S. Mishkin
|
The Rational Expectations Revolution: A Review Article of: Preston J. Miller, ed.:The Rational Expectations Revolution, Readings from the Front Line |
|
w5031 |
John Y. Campbell
|
Some Lessons from the Yield Curve |
|
w5011 |
Stephen G. Cecchetti Anil K Kashyap David W. Wilcox
|
Do Firms Smooth the Seasonal in Production in a Boom? Theory and Evidence |
|
w4985 |
Lars E.O. Svensson
|
The Swedish Experience of an Inflation Target |
|
w4326 |
Jeffrey A. Miron Christina D. Romer David N. Weil
|
Historical Perspectives on the Monetary Transmission Mechanism |
1994
|
|
w4969 |
Benjamin M. Friedman Kenneth N. Kuttner
|
Indicator Properties of the Paper-Bill Spread: Lessons from Recent Experiences |
|
w4948 |
Julio J. Rotemberg
|
Prices, Output and Hours: An Empirical Analysis Based on a Sticky Price Model |
|
w4765 |
Christina D. Romer David H. Romer
|
What Ends Recessions? |
|
w4342 |
Matthew D. Shapiro
|
Federal Reserve Policy: Cause and Effect |
|
w3794 |
Bronwyn H. Hall
|
Corporate Restructuring and Investment Horizons |
|
w2490 |
Andrew B. Abel Laurence J. Kotlikoff
|
Does the Consumption of Different Age Groups Move Together? A New Nonparametric Test of Intergenerational Altruism |
|
t0171 |
Michael T. K. Horvath Mark W. Watson
|
Testing for Cointegration When Some of the Contributing Vectors are Known |
|
w4938 |
Bennett T. McCallum
|
Monetary Policy and the Term Structure of Interest Rates |
|
w4919 |
Fumio Hayashi Akihiko Matsui
|
A Model of Fiat Money and Barter |
|
w4898 |
Barry Eichengreen Andrew K. Rose Charles Wyplosz
|
Speculative Attacks on Pegged Exchange Rates: An Empirical Exploration with Special Reference to the European Monetary System |
|
w4888 |
James H. Stock Martin Feldstein
|
Measuring Money Growth When Financial Markets Are Changing |
|
w4439 |
Robert E. Hall N. Gregory Mankiw
|
Nominal Income Targeting |
|
w4871 |
Lars E.O. Svensson
|
Estimating and Interpreting Forward Interest Rates: Sweden 1992 - 1994 |
|
w4857 |
Niko Canner N. Gregory Mankiw David N. Weil
|
An Asset Allocation Puzzle |
|
w4855 |
Anil K Kashyap
|
Sticky Prices: New Evidence from Retail Catalogs |
|
w4850 |
Robert Flood Michael Mussa
|
Issues Concerning Nominal Anchors for Monetary Policy |
|
w4848 |
Charles W. Calomiris Charles P. Himmelberg Paul Wachtel
|
Commercial Paper, Corporate Finance, and the Business Cycle: A Microeconomic Perspective |
|
w4367 |
Bennett T. McCallum
|
Macroeconomics After Two Decades of Rational Expectations |
|
w4821 |
Anil K Kashyap Jeremy C. Stein
|
The Impact of Monetary Policy on Bank Balance Sheets |
|
w4817 |
Susanto Basu
|
Intermediate Goods and Business Cycles: Implications for Productivity and Welfare |
|
w4814 |
Ben S. Bernanke
|
The Macroeconomics of the Great Depression: A Comparative Approach |
|
w4789 |
Ben Bernanke Mark Gertler Simon Gilchrist
|
The Financial Accelerator and the Flight to Quality |
|
w4810 |
Alberto Alesina Roberto Perotti
|
The Welfare State and Competitiveness |
|
w4113 |
Bennett T. McCallum
|
A Reconsideration of the Uncovered Interest Parity Relationship |
|
w4599 |
Benjamin M. Friedman
|
The Role of Judgment and Discretion in the Conduct of Monetary Policy: Consequences of Changing Financial Markets |
|
w4485 |
Christina D. Romer David H. Romer
|
Credit Channel or Credit Actions? An Interpretation of the Postwar Transmission Mechanism |
|
w4382 |
Takatoshi Ito Keiko Nosse Hirono
|
Efficiency of the Tokyo Housing Market |
|
w4089 |
Laurence Ball N. Gregory Mankiw
|
Asymmetric Price Adjustment and Economic Fluctuations |
|
w3295 |
Robert S. Pindyck
|
Inventories and the Short-Run Dynamics of Commodity Prices |
|
t0098 |
Lucian Arye Bebchuk Lars A. Stole
|
Do Short-Term Managerial Objectives Lead to Under- or Over-Investment in Long-Term Projects |
|
w4699 |
Lawrence J. Christiano Martin Eichenbaum Charles Evans
|
The Effects of Monetary Policy Shocks: Some Evidence from the Flow of Funds |
|
w3823 |
Kenneth D. West
|
An Aggregate Demand - Aggregate Supply Analysis of Japanese Monetary Policy, 1973-1990 |
|
w4449 |
Bennett T. McCallum
|
Specification and Analysis of a Monetary Policy Rule for Japan |
|
w4663 |
Campbell R. Harvey Roger D. Huang
|
The Impact of the Federal Reserve Bank's Open Market Operations |
|
w4637 |
Alberto Alesina Roberto Perotti
|
The Political Economy of Budget Deficits |
|
w4024 |
Michael Bordo Angela Redish
|
Maximizing Seignorage Revenue During Temporary Suspensions of Convertibility: A Note |
|
w3879 |
Benjamin M. Friedman Kenneth N. Kuttner
|
Why Does the Paper-Bill Spread Predict Real Economic Activity? |
|
w3856 |
Benjamin M. Friedman Kenneth N. Kuttner
|
Another Look at the Evidence on Money-Income Causality |
|
w3640 |
Andrea E. Beltratti Robert J. Shiller
|
Actual and Warranted Relations Between Asset Prices |
|
w3359 |
Bruce C. Greenwald Joseph E. Stiglitz
|
Asymmetric Information and the New Theory of the Firm: Financial Constraints and Risk Behavior |
|
w2259 |
Herschel I. Grossman John B. Van Huyck
|
Nominally Sovereign Debt, Risk Shifting, and Reputation |
1993
|
|
w3695 |
Steven N. Kaplan Jeremy C. Stein
|
The Evolution of Buyout Pricing and Financial Structure |
|
w4578 |
Laurence Ball
|
The Dynamics of High Inflation |
|
w4573 |
Charles W. Calomiris
|
Is the Discount Window Necessary? A Penn-Central Perspective |
|
w4565 |
Stanley Fischer
|
The Role of Macroeconomic Factors in Growth |
|
w4310 |
Michael Bordo
|
The Gold Standard, Bretton Woods and other Monetary Regimes: An Historical Appraisal |
|
w4505 |
Michael F. Bryan Stephen G. Cecchetti
|
The Consumer Price Index as a Measure of Inflation |
|
w4368 |
Bennett T. McCallum
|
Unit Roots in Macroeconomic Time Series: Some Critical Issues |
|
w3799 |
Herschel I. Grossman Taejoon Han
|
A Theory of War Finance |
|
w4421 |
Takeo Hoshi Anil Kashyap David Scharfstein
|
The Choice Between Public and Private Debt: An Analysis of Post-Deregulation Corporate Financing in Japan |
|
w4404 |
John H. Boyd Mark Gertler
|
U.S. Commercial Banking: Trends, Cycles, and Policy |
|
w4379 |
Michael D. Bordo Lars Jonung Pierre Siklos
|
The Common Development of Institutional Change as Measured by Income Velocity: A Century of Evidence from Industrialized Countries |
|
w4377 |
Karen K. Lewis
|
Are Forign Exchange Intervention and Monetary Policy Related and Does it Really Matter? |
|
w4236 |
Martin Feldstein
|
The Recent Failure of U.S. Monetary Policy |
|
w3632 |
Frederic S. Mishkin
|
Is the Fisher Effect for Real? A Reexamination of the Relationship Between Inflation and Interest Rates |
|
w2494 |
Bruce C. Greenwald Joseph E. Stiglitz
|
Financial Market Imperfections and Business Cycles |
|
w4347 |
Pierluigi Balduzzi Giuseppe Bertola Silverio Foresi
|
A Model of Target Changes and the Term Structure of Interest Rates |
|
w4337 |
Holger C. Wolf
|
Anti-Tax Revolutions and Symbolic Prosecutions |
|
w4333 |
Raquel Fernandez Richard Rogerson
|
Keeping People Out: Income Distribution, Zoning and the Quality of Public Education |
|
w4332 |
Richard K. Green Patric H. Hendershott
|
Demographic Factors and Real House Prices |
|
w4325 |
Martin Feldstein
|
The Dollar and the Trade Deficit in the 1980s: A Personal View |
|
w4322 |
Martin Feldstein
|
Monetary Policy and Inflation in the 1980s: A Personal View |
|
w4317 |
Anil Kashyap Jeremy C. Stein
|
Monetary Policy and Bank Lending |
|
w4082 |
Ben Bernanke Frederic Mishkin
|
Central Bank Behavior and the Strategy of Monetary Policy: Observations From Six Industrialized Countries |
|
w3464 |
Robert J. Shiller Andrea E. Beltratti
|
Stock Prices and Bond Yields: Can Their Comovements Be Explained in Terms of Present Value Models? |
|
w4306 |
Laurence Ball
|
What Determines the Sacrifice Ratio? |
|
w4304 |
Martin Feldstein James H. Stock
|
The Use of Monetary Aggregate to Target Nominal GDP |
|
w4303 |
Michael F. Bryan Stephen G. Cecchetti
|
Measuring Core Inflation |
|
w4298 |
Graciela Kaminsky Karen K. Lewis
|
Does Foreign Exchange Intervention Signal Future Monetary Policy? |
|
w4285 |
Valerie A. Ramey
|
How Important is the Credit Channel in the Transmission of Monetary Policy? |
|
w4033 |
Michael D. Bordo
|
The Bretton Woods International Monetary System: An Historical Overview |
|
w4275 |
Toru Konishi Valerie A. Ramey Clive W.J. Granger
|
Stochastic Trends and Short-Run Relationships Between Financial Variables and Real Activity |
|
w4271 |
Martin Eichenbaum Charles L. Evans
|
Some Empirical Evidence on the Effects of Monetary Policy Shocks on Exchange Rates |
|
w4267 |
Laurence Ball David Romer
|
Inflation and the Informativeness of Prices |
1992
|
|
w3652 |
Bruce C. Greenwald Joseph E. Stiglitz
|
Information, Finance, and Markets: The Architecture of Allocative Mechanisms |
|
w4211 |
Anil K Kashyap Owen A. Lamont Jeremy C. Stein
|
Credit Conditions and the Cyclical Behavior of Inventories: A Case Studyof the 1981-82 Recession |
|
w4202 |
Gary Solon Robert Barsky Jonathan A. Parker
|
Measuring the Cyclicality of Real Wages: How Important is Composition Bias |
|
w4184 |
Federico Sturzenegger
|
Hyperinflation with Currency Substitution: Introducing an Indexed Currency |
|
w3934 |
Frederic S. Mishkin
|
Anatomy of a Financial Crisis |
|
w4166 |
Charles W. Calomiris
|
Greenback Resumption and Silver Risk: The Economics and Politics of Monetary Regime Change in the United States, 1862-1900 |
|
w4156 |
Robert King Mark W. Watson
|
Testing Long Run Neutrality |
|
w3504 |
Takatoshi Ito Robert F. Engle Wen-Ling Lin
|
Where Does the Meteor Shower Come From? The Role of Stochastic Policy Coordination |
|
w4134 |
Karen K. Lewis Martin D. Evans
|
Do Expected Shifts in Inflation Policy Affect Real Rates? |
|
w4129 |
Martin Eichenbaum Lawrence J. Christiano
|
Liquidity Effects, Monetary Policy, and the Business Cycle |
|
w3790 |
Geert Bekaert Robert J. Hodrick
|
Characterizing Predictable Components in Excess Returns on Equity and Foreign Exchange Markets |
|
w3484 |
Steven Kaplan Michael S. Weisbach
|
The Success of Acquisitions: Evidence From Disvestitures |
|
w4117 |
Joseph E. Stiglitz Bruce Greenwald
|
Towards a Reformulation of Monetary Theory: Competitive Banking |
|
w3885 |
N. Gregory Mankiw
|
The Reincarnation of Keynesian Economics |
|
w3036 |
Patric H. Hendershott Joe Peek
|
Treasury Bill Rates in the 1970s and 1980s |
|
w2852 |
Benjamin M. Friedman Kenneth N. Kuttner
|
Money, Income and Prices After the 1980s |
|
w4103 |
Federico Sturzenegger
|
Inflation and Social Welfare in a Model With Endogenous Financial Adaptation |
|
w4022 |
Benjamin M. Friedman
|
Learning From the Reagan Deficits |
|
w3287 |
Willem H. Buiter Urjit R. Patel
|
Debt, Deficits and Inflation: An Application to the Public Finances of India |
|
t0122 |
Graham Elliott James H. Stock
|
Inference in Time Series Regression When the Order of Integration of a Regressor is Unknown |
|
t0121 |
James H. Stock
|
Deciding Between I(1) and I(0) |
|
w4062 |
Nouriel Roubini Xavier Sala-i-Martin
|
A Growth Model of Inflation, Tax Evasion, and Financial Repression |
|
w3689 |
Michael D. Bordo Peter Rappoport Anna J. Schwartz
|
Money versus Credit Rationing: Evidence for the National Banking Era, 1880-1914 |
|
w3677 |
Bruce N. Lehmann
|
Notes on Dynamic Factor Pricing Models |
|
w3653 |
Steven N. Kaplan
|
The Staying Power of Leveraged Buyouts |
|
w3383 |
Bennett T. McCallum
|
Money and Prices in Colonial America: A New Test of Competing Theories |
|
w4049 |
Stephen G. Cecchetti Georgios Karras
|
Sources of Output Fluctuations During the Interwar Period: Further Evidence on the Causes of the Great Depression |
|
w3591 |
John H. Cochrane
|
Volatility Tests and Efficient Markets: A Review Essay |
|
w4015 |
Anil K Kashyap Jeremy C. Stein David W. Wilcox
|
Monetary Policy and Credit Conditions: Evidence From the Composition of External Finance |
|
w4005 |
Mark W. Watson
|
Business Cycle Durations and Postwar Stabilization of the U.S. Economy |
|
w3686 |
Herschel I. Grossman
|
Monetary Economics: A Review Essay |
|
w3631 |
Wayne E. Ferson George M. Constantinides
|
Habit Persistence and Durability in Aggregate Consumption: Empirical Tests |
|
w3091 |
Kenneth A. Froot Maurice Obstfeld
|
Intrinsic Bubbles: The Case of Stock Prices |
|
w3983 |
Laurence Ball
|
Disinflation With Imperfect Credibility |
|
w2914 |
Kenneth A. Froot Jeremy C. Stein
|
Exchange Rates and Foreign Direct Investment: An Imperfect Capital Markets Approach |
|
w2727 |
Robert A. Korajczyk Deborah Lucas Robert McDonald
|
The Effect of Information Releases on the Pricing and Timing of Equity Issues: Theory and Evidence |
|
w3974 |
Lawrence J. Christiano Martin Eichenbaum
|
Liquidity Effects and the Monetary Transmission Mechanism |
1991
|
|
w3936 |
David Romer
|
Openness and Inflation: Theory and Evidence |
|
w3929 |
Benjamin M. Friedman
|
How Does It Matter? |
|
w3517 |
Michael D. Bordo Eugene N. White
|
British and French Finance During the Napoleonic Wars |
|
w3920 |
Lawrence J. Christiano Martin Eichenbaum
|
Identification and the Liquidity Effect of a Monetary Policy Shock |
|
w3892 |
Mark Gertler Simon Gilchrist
|
Monetary Policy, Business Cycles and the Behavior of Small Manufacturing Firms |
|
w3402 |
N. Gregory Mankiw Stephen P. Zeldes
|
The Consumption of Stockholders and Non-Stockholders |
|
w3323 |
Frederic S. Mishkin
|
Financial Innovation and Current Trends in U.S. Financial Markets |
|
w3307 |
Robert S. Pindyck
|
Irreversibility, Uncertainty, and Investment |
|
w3279 |
Andrew B. Abel
|
Asset Prices under Habit Formation and Catching up with the Joneses |
|
w3880 |
Patric H. Hendershott
|
Are Real House Prices Likely to Decline by 47 Percent? |
|
w3860 |
Alberto Alesina Vittorio Grilli
|
The European Central Bank: Reshaping Monetary Politics in Europe |
|
w3574 |
Philippe Jorion Frederic Mishkin
|
A Multi-Country Comparison of Term Structure Forecasts at Long Horizons |
|
w3407 |
Benjamin M. Friedman
|
Views on the Likelihood of Financial Crisis |
|
w3401 |
Edward J. Kane Haluk Unal Asli Demirguc-Kunt
|
Capital Positions of Japanese Banks |
|
w3388 |
N. Gregory Mankiw Jeffrey A. Miron
|
Should The Fed Smooth Interest Rates? The Case of Seasonal Monetary Policy |
|
w3371 |
Albert Ando Alan J. Auerbach
|
The Cost of Capital in Japan: Recent Evidence and Further Results |
|
w3311 |
K.C. Chan Patric H. Hendershott Anthony B. Sanders
|
Risk and Return on Real Estate: Evidence from Equity REITs |
|
w3308 |
Edward J. Kane
|
Incentive Conflict in the International Regulatory Agreement on Risk-Based Analysis |
|
w3125 |
Frederic S. Mishkin
|
A Multi-Country Study of the Information in the Term Structure about Future Inflation |
|
w2994 |
Alan J. Auerbach Kevin Hassett
|
Corporate Savings and Shareholder Consumption |
|
r1645 |
John Y. Campbell N. Gregory Mankiw
|
The Response of Consumption to Income |
|
w3849 |
Robert J. Barro
|
World Interest Rates and Investment |
|
w3846 |
Josef Lakonishok Andrei Shleifer Robert W. Vishny
|
Do Institutional Investors Destabilize Stock Prices? Evidence on Herding and Feedback Trading |
|
w3840 |
Barry Eichengreen
|
Designing a Central Bank for Europe: A Cautionary Tale From the Early Years of the Federal Reserve System |
|
w3830 |
Alberto Alesina Gerald D. Cohen Nouriel Roubini
|
Macroeconomic Policy and Elections in OECD Democracies |
|
w3829 |
Christina D. Romer
|
What Ended the Great Depression? |
|
w3562 |
Michael D. Bordo Anna J. Schwartz
|
What has Foreign Market Intervention Since the Plaza Agreement Accomplished? |
|
w3390 |
Steven N. Kaplan Jeremy C. Stein
|
How Risky is the Debt in Highly Leveraged Transactions? Evidence from Public Recapitalizations |
|
w3305 |
John Y. Campbell
|
Measuring the Persistence of Expected Returns |
|
w3246 |
John Y. Campbell
|
A Variance Decomposition for Stock Returns |
|
w3162 |
Bennett T. McCallum
|
Could A Monetary Base Rule Have Prevented the Great Depression? |
|
w3153 |
John Y. Campbell Robert J. Shiller
|
Yield Spreads and Interest Rate Movements: A Bird's Eye View |
|
t0112 |
Jeremy Bulow Paul Klemperer
|
Rational Frenzies and Crashes |
|
w3820 |
Robert C. Merton
|
Optimal Investment Strategies for University Endowment Funds |
|
w3798 |
Francois Degeorge Richard Zeckhauser
|
Information Handling and Firm Performance: Evidence from Reverse LBOs |
|
w3499 |
Takatoshi Ito
|
International Impacts on Domestic Political Economy: A Case of Japanese General Elections |
|
w3453 |
Robert J. Shiller Maxim Boycko Vladimir Korobov
|
Popular Attitudes Towards Free Markets: The Soviet Union and the United States Compared |
|
w3400 |
Frederic S. Mishkin
|
Asymmetric Information and Financial Crises: A Historical Perspective |
|
w3101 |
Zvi Bodie
|
Pension Funds and Financial Innovation |
|
w2795 |
Myung Jig Kim Charles R. Nelson Richard Startz
|
Mean Reversion in Stock Prices? A Reappraisal of the Empirical Evidence |
|
w2312 |
Bennett T. McCallum
|
Inflation: Theory and Evidence |
|
t0110 |
Scott Freeman Guido Tabellini
|
The Optimality of Nominal Contracts |
|
t0088 |
Frederic S. Mishkin
|
Does Correcting for Heteroskedasticity Help? |
|
t0075 |
Alex Kane
|
The Delivery of Market Timing Services: Newsletters Versus Market Timing Funds |
|
w3772 |
Sule Ozler Guido Tabellini
|
External Debt and Political Instability |
|
w3204 |
Michael D. Bordo Lars Jonung
|
The Long-Run Behavior of Velocity: The Institutional Approach Revisited |
|
t0109 |
Larry G. Epstein Stanley E. Zin
|
The Independence Axiom and Asset Returns |
|
t0108 |
Robert J. Hodrick
|
Dividend Yields and Expected Stock Returns: Alternative Procedures for Interference and Measurement |
|
w3760 |
John Y. Campbell John Ammer
|
What Moves the Stock and Bond Markets? A Variance Decomposition for Long-Term Asset Returns |
|
w3756 |
Valerie A. Ramey
|
The Source of Fluctuations in Money: Evidence From Trade Credit |
|
w3754 |
John B. Shoven Scott B. Smart Joel Waldfogel
|
Real Interest Rates and the Savings and Loan Crisis: The Moral Hazard Premium |
|
w3752 |
Stephen G. Cecchetti Pok-sang Lam Nelson C. Clark
|
The Equity Premium and the Risk Free Rate: Matching the Moments |
|
w3751 |
Jeffrey A. Frankel Cara S. Lown
|
An Indicator of Future Inflation Extracted From the Steepness of the Interest Rate Yield Curve Along Its Entire Length |
|
w3745 |
Leslie E. Papke
|
The Asset Allocation of Private Pension Plans |
|
w3742 |
John Y. Campbell Ludger Hentschel
|
No News is Good News: An Asymmetric Model of Changing Volatility in Stock Returns |
|
w3737 |
Kenneth A. Froot
|
Japanese Foreign Direct Investment |
|
w3731 |
Richard Zeckhauser Jayendu Patel Darryll Hendricks
|
Nonrational Actors and Financial Market Behavior |
|
w3707 |
Franklin Allen Gary Gorton
|
Rational Finite Bubbles |
|
w3711 |
Gary Gorton George Pennacchi
|
Security Baskets and Index-Linked Securities |
|
t0104 |
Vittorio Grilli Nouriel Roubini
|
Financial Intermediation and Monetary Policies in the World Economy |
|
t0103 |
Robert Gertner David Scharfstein
|
A Theory of Workouts and the Effects of Reorganization Law |
|
w3687 |
Gary Gorton James Dow
|
Trading, Communication and the Response of Price to New Information |
|
w3682 |
Robert F. Engle Victor K. Ng
|
Time-Varying Volatility and the Dynamic Behavior of the Term Structure |
|
w3681 |
Robert F. Engle Victor K. Ng
|
Measuring and Testing the Impact of News on Volatility |
|
w3676 |
Bruce N. Lehmann
|
Earnings, Dividend Policy, and Present Value Relations: Building Blocks of Dividend Policy Invariant Cash Flows |
|
w3669 |
Joseph E. Stiglitz
|
Government, Financial Markets, and Economic Development |
|
w3221 |
Charles I. Plosser
|
Money and Business Cycles: A Real Business Cycle Interpretation |
|
w3175 |
Olivier Jean Blanchard Peter A. Diamond
|
The Aggregate Matching Function |
|
r1559 |
David M. Cutler James M. Poterba Louise M. Sheiner Lawrence H. Summers
|
An Aging Society: Opportunity or Challenge? |
|
t0101 |
Richard D. Cothren Roger N. Waud
|
On the Optimality of Reserve Requirements |
|
t0100 |
John Y. Campbell Pierre Perron
|
Pitfalls and Opportunities: What Macroeconomists Should Know About Unit Roots |
|
w3645 |
Gary Gorton
|
The Enforceability of Private Money Contracts, Market Efficiency, and Technological Change |
|
w3663 |
Alberto Alesina Morris Fiorina Howard Rosenthal
|
Why Are There So Many Divided Senate Delegations? |
|
w3643 |
Ray Chou Robert F. Engle Alex Kane
|
Measuring Risk Aversion From Excess Returns on a Stock Index |
|
w3638 |
Kenneth A. Froot Andre F. Perold Jeremy C. Stein
|
Shareholder Trading Practices and Corporate Investment Horizons |
|
w3047 |
Bennett T. McCallum
|
Targets, Indicators, and Instruments of Monetary Policy |
|
w3001 |
Andrew W. Lo A. Craig MacKinlay
|
Data-Snooping Biases in Tests of Financial Asset Pricing Models |
|
w2668 |
Benjamin M. Friedman
|
Targets and Instruments of Monetary Policy |
|
r1547 |
Olivier Blanchard Jean-Claude Chouraqui Robert P. Hagemann Nicola Sartor
|
The Sustainability of Fiscal Policy: New Answers to an Old Question |
|
r1537 |
Kenneth R. French James M. Poterba
|
Japanese and U.S. Cross-Border Common Stock Investments |
|
t0099 |
Miles S. Kimball
|
Standard Risk Aversion |
|
w3633 |
Shmuel Kandel Robert F. Stambaugh
|
Asset Returns and Intertemporal Preferences |
|
w3620 |
Martin Feldstein
|
Reducing the Risk of Economic Crisis |
|
w3618 |
Andrei Shleifer Robert W. Vishny
|
Asset Sales and Debt Capacity |
|
w3617 |
Josef Lakonishok Andrei Shleifer Richard Thaler Robert Vishny
|
Window Dressing by Pension Fund Managers |
|
w3613 |
Robert J. Shiller Fumiko Kon-Ya Yoshiro Tsutsui
|
Speculative Behavior in the Stock Markets: Evidence from the United States and Japan |
|
w3612 |
Peter Rappoport Eugene N. White
|
Was there a bubble in the 1929 Stock Market? |
|
w3256 |
N. Gregory Mankiw
|
A Quick Refresher Course in Macroeconomics |
|
w3169 |
Deborah J. Lucas Robert L. McDonald
|
Equity Issues and Stock Price Dynamics |
|
w2985 |
G. William Schwert
|
Indexes of United States Stock Prices From 1802 to 1987 |
|
w2977 |
Andrew W. Lo A. Craig MacKinlay
|
When are Contrarian Profits Due to Stock Market Overreaction? |
|
w2960 |
Andrew W. Lo A. Craig MacKinlay
|
An Econometric Analysis of Nonsynchronous Trading |
|
w2956 |
G. William Schwert Paul J. Seguin
|
Heteroskedasticity in Stock Returns |
|
w2825 |
Michael D. Bordo Ehsan U. Choudhri Anna J. Schwartz
|
Money Stock Targeting, Base Drift and Price-Level Predictability: Lessons From the U.K. Experience |
|
w2609 |
Robert F. Engle Takatoshi Ito Wen-Ling Lin
|
Meteor Showers or Heat Waves? Heteroskedastic Intra-Daily Volatility in the Foreign Exchange Market |
|
w2285 |
Olivier J. Blanchard
|
Why Does Money Affect Output? A Survey |
|
w2232 |
George Sofianos Arie Melnik Paul Wachtel
|
Loan Commitments and Monetary Policy |
|
t0097 |
Lucian Arye Bebchuk Howard F. Chang
|
Bargaining and the Division of Value in Corporate Reorganization |
|
t0096 |
Lucian Arye Bebchuk Chaim Fershtman
|
The Effects of Insider Trading on Insiders' Choice Among Risky Investment Projects |
|
t0095 |
Lucian Arye Bebchuk Chaim Fershtman
|
The Effect of Insider Trading on Insiders' Reaction to Opportunities to "Waste" Corporate Value |
|
w3609 |
Kenneth R. French James M. Poterba
|
Investor Diversification and International Equity Markets |
|
w3604 |
Alberto Giovannini Martha de Melo
|
Government Revenue from Financial Repression |
|
w3599 |
Torsten Persson Guido Tabellini
|
Is Inequality Harmful for Growth? Theory and Evidence |
|
w3597 |
Peter M. Garber
|
Alexander Hamilton's Market Based Debt Reduction Plan |
|
w3592 |
Patric H. Hendershott James A. Waddell
|
The Changing Fortunes of FHA's Mutual Mortgage Insurance Fund and the Legislative Response |
|
w3588 |
Richard Arnott Joseph Stiglitz
|
Equilibrium in Competitive Insurance Markets with Moral Hazard |
|
w3586 |
Miles S. Kimball
|
Precautionary Motives for Holding Assets |
|
w3583 |
Karen K. Lewis
|
Should the Holding Period Matter for the Intertemporal Consumption-BasedCAPM? |
|
w3243 |
David M. Cutler James M. Poterba Lawrence H. Summers
|
Speculative Dynamics and the Role of Feedback Traders |
|
w3126 |
Frederic S. Mishkin
|
The Information in the Longer Maturity Term Structure about Future Inflation |
|
w2945 |
Bruce C. Greenwald Joseph E. Stiglitz
|
Financial Market Imperfections and Productivity Growth |
|
w2608 |
William C. Melton V. Vance Roley
|
Federal Reserve Behavior Since 1980: A Financial Markets Perspective |
|
w2436 |
John Y. Campbell N. Gregory Mankiw
|
Permanent Income, Current Income, and Consumption |
|
w2431 |
Michael D. Bordo Angela Redish
|
Credible Commitment and Exchange Rate Stability: Canada's Interwar Experience |
1990
|
|
w3550 |
Frederic S. Mishkin
|
Yield Curve |
|
w3548 |
Patric H. Hendershott
|
The Market for Home Mortgage Credit: Recent Changes and Future Prospects |
|
w3546 |
J. Bradford De Long
|
"Liquidation" Cycles: Old-Fashioned Real Business Cycle Theory and the Great Depression |
|
w3529 |
Laurence M. Ball
|
Time-Consistent Policy and Persistent Changes in Inflation |
|
w3523 |
J. Bradford De Long Andrei Shleifer
|
The Bubble of 1929: Evidence from Closed-End Funds |
|
w3520 |
Grant McQueen V. Vance Roley
|
Stock Prices, News, and Business Conditions |
|
w3551 |
Gary Gorton George Pennacchi
|
Banks and Loan Sales: Marketing Non-Marketable Assets |
|
w3296 |
G. William Schwert
|
Stock Returns and Real Activity: A Century of Evidence |
|
w3511 |
Robin Grieves Alan J. Marcus
|
Riding the Yield Curve: Reprise |
|
w3498 |
Kenneth A. Froot Andre F. Perold
|
New Trading Practices and Short-run Market Efficiency |
|
w3495 |
Mark Gertler R. Glenn Hubbard Anil Kashyap
|
Interest Rate Spreads, Credit Constraints, and Investment Fluctuations: An Empirical Investigation |
|
w1908 |
Bruce N. Lehmann
|
Residual Risk Revisited |
|
w3488 |
Ben Bernanke Harold James
|
The Gold Standard, Deflation, and Financial Crisis in the Great Depression: An International Comparison |
|
w3487 |
Ben Bernanke
|
The Federal Funds Rate and the Channels of Monetary Transnission |
|
w3486 |
Ben Bernanke
|
On the Predictive Power of Interest Rates and Interest Rate Spreads |
|
w3482 |
Nobuhiro Kiyotaki Randall Wright
|
Search for a Theory of Money |
|
w3481 |
S. Rao Aiyagari Mark Gertler
|
Asset Returns with Transactions Cost and Uninsured Risk: A Stage III Exercise |
|
w3480 |
Nobuhiro Kiyotaki
|
Learning and the Value of the Firm |
|
w3471 |
V. Vance Roley Simon M. Wheatley
|
Temporal Variation in the Interest-Rate Response to Money Announcements |
|
w3470 |
Jeffrey A. Frankel Kenneth Froot
|
Exchange Rate Forecasting Techniques, Survey Data, and Implications for the Foreign Exchange Market |
|
w3465 |
Charles Lee Andrei Shleifer Richard Thaler
|
Investor Sentiment and the Closed-End Fund Puzzle |
|
w3459 |
J. Joseph Beaulieu Jeffrey A. Miron
|
A Cross Country Comparison of Seasonal Cycles and Business Cycles |
|
w3146 |
Elhanan Helpman Leonardo Leiderman
|
Real Wages, Monetary Accommodation, and Inflation |
|
w2955 |
Adrian R. Pagan G. William Schwert
|
Alternative Models For Conditional Stock Volatility |
|
w2954 |
G. William Schwert
|
Stock Volatility and the Crash of '87 |
|
t0091 |
Robert F. Engle Sharon Kozicki
|
Testing For Common Features |
|
w3452 |
William C. Brainard Matthew D. Shapiro John B. Shoven
|
Fundamental Value and Market Value |
|
w3451 |
Martin D. Evans Karen K. Lewis
|
Do Stationary Risk Premia Explain It All? Evidence from the Term Struct |
|
w3435 |
Takeo Hoshi Anil Kashyap David Scharfstein
|
The Role of Banks in Reducing the Costs of Financial Distress in Japan |
|
w2743 |
Herschel I. Grossman
|
The Political Economy of War Debts and Inflation |
|
w3426 |
J. Bradford De Long
|
Did J.P. Morgan's Men Add Value? A Historical Perspective on Financial Capitalism |
|
w3415 |
Patric H. Hendershott James D. Shilling
|
The Continued Interest Rate Vulnerability of Thrifts |
|
w3406 |
R.A. Pecchenino Robert H. Rasche
|
P* Type Models: Evaluation and Forecasts |
|
w3011 |
Michael D. Bordo
|
The Lender of Last Resort: Some Historical Insights |
|
w2239 |
Herschel I. Grossman
|
A Generic Model of Monetary Policy, Inflation, and Reputation |
|
w3403 |
Miles S. Kimball
|
Precautionary Saving and the Marginal Propensity to Consume |
|
w3278 |
Benjamin M. Friedman
|
Changing Effects of Monetary Policy on Real Economic Activity |
|
w2762 |
Stephen G. Cecchetti Pok-sang Lam Nelson C. Mark
|
Mean Reversion in Equilibrium Asset Prices |
|
w2626 |
Frederic S. Mishkin
|
What Does the Term Structure Tell Us About Future Inflation? |
|
w2497 |
Charles W. Calomiris R. Glenn Hubbard
|
Firm Heterogeneity, Internal Finance, and `Credit Rationing' |
|
w2428 |
Kenneth Rogoff
|
Equilibrium Political Budget Cycles |
|
w2355 |
Martin Feldstein Douglas W. Elmendorf
|
Taxes, Budget Deficits ad Consumer Spending: Some New Evidence |
|
w3389 |
Darryll Hendricks Jayendu Patel Richard Zeckhauser
|
Hot Hands in Mutual Funds: The Persistence of Performance, 1974-87 |
|
w3381 |
Peter Garber Steven Weisbrod
|
Banks in the Market for Liquidity |
|
w3380 |
Barry Eichengreen Peter Garber
|
Before the Accord: U.S. Monetary-Financial Policy 1945-51 |
|
w3266 |
Benjamin M. Friedman
|
Implications of Corporate Indebtedness for Monetary Policy |
|
w2578 |
Willem H. Buiter
|
Centre For Labour Economics |
|
w2400 |
Frederic S. Mishkin
|
Can Futures Market Data Be Used to Understand the Behavior of Real Interest Rates? |
|
r1416 |
Charles I. Plosser
|
Understanding Real Business Cycles |
|
w3370 |
Olivier Blanchard Changyong Rhee Lawrence Summers
|
The Stock Market, Profit and Investment |
|
w3368 |
Karl E. Case Robert J. Shiller
|
Forecasting Prices and Excess Returns in the Housing Market |
|
w3357 |
Mervyn King Enrique Sentana Sushil Wadhwani
|
Volatiltiy and Links Between National Stock Markets |
|
w3350 |
Robert F. Engle Che-Hsiung Hong Alex Kane
|
Valuation of Variance Forecast with Simulated Option Markets |
|
w3348 |
Paul M. Healy Krishna G. Palepu Richard C. Rubak
|
Does Corporate Performance Improve After Mergers? |
|
w2693 |
Edward J. Kane Haluk Unal
|
Modeling Structural and Temporal Variation in the Market's Valuation of Banking Firms |
|
w2480 |
Bennett T. McCallum
|
Real Business Cycle Models |
|
w1682 |
Benjamin M. Friedman Mark Warshawsky
|
The Cost of Annuities: Implications for Saving Behavior and Bequests |
|
r1401 |
Benjamin M. Friedman David I. Laibson
|
Economic Implications Of Extraordinary Movements In Stock Prices |
|
w3339 |
R. Glenn Hubbard Anil Kashyap
|
Internal Net Worth and the Investment Process: An Application to U.S. Agriculture |
|
w3335 |
Matthew Richardson James H. Stock
|
Drawing Inferences From Statistics Based on Multi-Year Asset Returns |
|
w3326 |
Fumio Hayashi Tohru Inoue
|
The Relation Between Firm Growth and Q with Multiple Capital Goods: Theory and Evidence from Panel Data on Japanese Firms |
|
w3324 |
Robert S. Pindyck Julio J. Rotemberg
|
Do Stock Prices Move Together Too Much? |
|
w3314 |
Ryuzo Sato Rama V. Ramachandran Bohyong Kang
|
Risk Adjusted Deposit Insurance for Japanese Banks |
|
w2823 |
Joseph E. Stiglitz
|
Money, Credit, and Business Fluctuations |
|
w2533 |
Bruce N. Lehmann
|
Fads, Martingales, and Market Efficiency |
|
w2144 |
James M. Poterba Lawrence H. Summers
|
Recent Evidence on Budget Deficits and National Savings |
|
w1448 |
Lawrence H. Summers
|
Estimating the Long-Run Relationship Between Interest Rates and Inflation: A Response to McCallum |
|
w3306 |
Takatoshi Ito Masayoshi Maruyama
|
Is the Japanese Distribution System Really Inefficient? |
|
w3303 |
Roger H. Gordon
|
Do Publicly Traded Corporations Act in the Public Interest? |
|
w3297 |
Charles R. Nelson Myung J. Kim
|
Predictable Stock Returns: Reality or Statistical Illusion? |
|
w3291 |
Scott J. Brown N. Edward Coulson Robert F. Engle
|
Non-Cointegration and Econometric Evaluation of Models of Regional Shift and Share |
|
w3290 |
Kenneth R. French James M. Poterba
|
Were Japanese Stock Prices Too High? |
|
w3054 |
Susanto Basu Miles S. Kimball N. Gregory Mankiw David N. Weil
|
Optimal Advice for Monetary Policy |
|
w2957 |
G. William Schwert
|
Business Cycles, Financial Crises, and Stock Volatility |
|
w2798 |
G. William Schwert
|
Why Does Stock Market Volatility Change Over Time? |
|
w2363 |
Kenneth A. Froot
|
New Hope for the Expectations Hypothesis of the Term Structure of Interest Rates |
|
t0087 |
Darrell Duffie Kenneth J. Singleton
|
Simulated Moments Estimation of Markov Models of Asset Prices |
|
t0062 |
Kenneth A. Froot
|
Consistent Covariance Matrix Estimation with Cross-Sectional Dependence and Heteroskedasticity in Cross-Sectional Financial Data |
|
w3272 |
Guido Tabellini
|
A Positive Theory of Social Security |
|
w3262 |
Jason R. Barro Robert J. Barro
|
Pay, Performance, and Turnover of Bank CEOs |
|
w3259 |
Ian Gale Joseph Stiglitz
|
The Informational Content of Initial Public Offerings |
|
w3250 |
Kenneth A. Froot David S. Scharfstein Jeremy C. Stein
|
Herd on the Street: Informational Inefficiencies in a Market with Short-Term Speculation |
|
w2966 |
Christina D. Romer David H. Romer
|
Does Monetary Policy Matter? A New Test in the Spirit of Friedman and Schwartz |
|
w1680 |
Robert B. Barsky Lawrence H. Summers
|
Gibson's Paradox and the Gold Standard |
|
w3247 |
Kenneth A. Froot
|
Short Rates and Expected Asset Returns |
|
w3245 |
Martin D. Evans Paul Wachtel
|
A Modern Look At Asset Pricing and Short-Term Interest Rates |
|
w3242 |
David M. Cutler James M. Poterba Lawrence H. Summers
|
Speculative Dynamics |
1989
|
|
w3217 |
Dennis Hoffman Robert H. Rasche
|
The Demand For Money in the U.S. During the Great Depression: Estimates and Comparison with the Post War Experience |
|
w3209 |
Ian Gale Joseph Stiglitz
|
A Simple Proof That Futures Markets are Almost Always Informationally Inefficient |
|
w3199 |
Alex Cukierman Sebastian Edwards Guido Tabellini
|
Seigniorage and Political Instability |
|
w3195 |
Alberto Giovannini Philippe Jorion
|
Time-Series Tests of a Non-Expected-Utility Model of Asset Pricing |
|
w3193 |
Stewart C. Myers
|
Signaling and Accounting Information |
|
w3191 |
John Y. Campbell Yasushi Hamao
|
Predictable Stock Returns in the United States and Japan: A Study of Long-Term Capital Market Integration |
|
w2875 |
J. Bradford De Long Andrei Shleifer Lawrence H. Summers Robert J. Waldmann
|
The Size and Incidence of the Losses from Noise Trading |
|
w2847 |
Patric H. Hendershott Robert Van Order
|
Integration of Mortgage and Capital Markets and the Accumulation of Residential Capital |
|
w2646 |
Patric H. Hendershott James D. Shilling
|
The Impact of the Agencies on Conventional Fixed-Rate Mortgage Yields |
|
t0083 |
James H. Stock Mark W. Watson
|
A Simple MLE of Cointegrating Vectors in Higher Order Integrated Systems |
|
w3187 |
Joshua Rosett
|
Do Union Wealth Concessions Explain Takeover Premiums? The Evidence on Contract Wages |
|
w3174 |
Stephen G. Cecchetti
|
Prices during the Great Depression: Was the Deflation of 1930-32 really unanticipated? |
|
w3172 |
Christina Romer Jeffrey A. Miron
|
A New Monthly Index of Industrial Production, 1884-1940 |
|
w3171 |
Robert B. Barsky J. Bradford De Long
|
Bull and Bear Markets in the Twentieth Century |
|
w3170 |
Robert A. Korajczyk Deborah J. Lucas Robert L. McDonald
|
Understanding Stock Price Behavior around the Time of Equity Issues |
|
w3160 |
Robert G. King Charles I. Plosser
|
Real Business Cycles and the Test of the Adelmans |
|
w2296 |
Alberto Giovannini
|
Uncertainty and Liquidity |
|
w3154 |
N. Gregory Mankiw David H. Romer Matthew D. Shapiro
|
Stock Market Forecastability and Volatility: A Statistical Appraisal |
|
w3135 |
Alberto Alesina Alessandro Prati Guido Tabellini
|
Public Confidence and Debt Management: A Model and A Case Study of Italy |
|
w2902 |
Stephen J. Turnovsky
|
The Term Structure of Interest Rates and the Effects of Macroeconomic Policy |
|
w2882 |
N. Gregory Mankiw
|
Real Business Cycles: A New Keynesian Perspective |
|
w2621 |
Andrew B. Abel
|
Stock Prices Under Time-Varying Dividend Risk: An Exact Solution In An Infinite-Horizon General Equilibrium Model |
|
w2574 |
Kenneth D. West
|
Bubbles, Fads, and Stock Price Volatility Tests: A Partial Evaluation |
|
t0080 |
James A. Levinsohn Jeffrey K. MacKie-Mason
|
A Simple, Consistent Estimator for Disturbance Components in Financial Models |
|
w3128 |
Takatoshi Ito
|
Endogenous Election Timings and Political Business Cycles in Japan |
|
w3116 |
Michael Devereux Fabio Schiantarelli
|
Investment, Finacial Factors and Cash Flow: Evidence From UK Panel Data |
|
w3115 |
Roger E.A. Farmer
|
AIL Theory and the Ailing Phillips Curve: A Contract Based Approach to Aggregate Supply |
|
w3111 |
R. Glenn Hubbard Peter C. Reiss
|
Corporate Payouts and the Tax Price of Corporate Retentions: Evidence from the Undistributed Profits Tax of 1936-1938 |
|
w3109 |
Alberto Giovannini Pamela Labadie
|
Asset Prices and Interest Rates in Cash-In-Advance Models |
|
w3107 |
William A. Brock Blake LeBaron
|
Liquidity Constraints in Production Based Asset Pricing Models |
|
w3106 |
Alan J. Marcus
|
An Equilibrium Theory of Excess Volatility and Mean Reversion in Stock Market Prices |
|
w3095 |
Myron S. Scholes Mark A. Wolfson
|
The Effects of Changes in Tax Laws on Corporate Reorganization Activity |
|
w3094 |
Myron S. Scholes Mark A. Wolfson
|
Employee Stock Ownership Plans and Corporate Restructuring: Myths and Realities |
|
w3093 |
Myron S. Scholes Mark A. Wolfson
|
Decentralized Investment Banking: The Case of Discount Dividend-Reinve stment and Stock-Purchase Plans |
|
w3092 |
Myron S. Scholes Mark A. Wolfson
|
Converting Corporations to Partnerships through Leverage: Theoretical and Practical Impediments |
|
w3090 |
Chris Carroll Lawrence H. Summers
|
Consumption Growth Parallels Income Growth: Some New Evidence |
|
w2581 |
Robert J. Barro
|
Interest-Rate Smoothing |
|
w1767 |
Charles W. Calomiris R. Glenn Hubbard
|
Price Flexibility, Credit Rationing, and Economic Fluctuations: Evidence from the U.S., 1879-1914 |
|
t0050 |
Danny Quah Takatoshi Ito
|
Estimation and Hypothesis Testing with Restricted Spectral Density Matrices: An Application to Uncovered Interest Parity |
|
w3083 |
William G. Gale
|
Collateral, Rationing and Government Intervention in Credit Markets |
|
w3079 |
Takeo Hoshi Anil Kashyap David Scharfstein
|
Bank Monitoring and Investment: Evidence from the Changing Structure of Japanese Corporate Banking Relationships |
|
w3077 |
Peter C. Reiss
|
Economic and Financial Determinants of Oil and Gas Exploration Activity |
|
w3074 |
Robert A. Taggart Jr.
|
Consistent Valuation and Cost of Capital Expressions with Corporate and Personal TAxes |
|
w3073 |
James A. Brander
|
Election Polls, Free Trade, and the Stock Market: Evidence from the Canadian General Election |
|
w3072 |
Alberto Alesina Howard Rosenthal
|
Moderating Elections |
|
w3058 |
Guido Tabellini
|
The Politics of Intergenerational Redistribution |
|
w3053 |
Alberto Alesina Allan Drazen
|
Why are Stabilizations Delayed? |
|
w2758 |
Mark L. Gertler R. Glenn Hubbard
|
Financial Factors in Business Fluctuations |
|
w2748 |
Karl E. Case Robert J. Shiller
|
The Behavior of Home Buyers in Boom and Post-Boom Markets |
|
w1673 |
Herschel I. Grossman John B. Van Huyck
|
Sovereign Debt as a Contingent Claim: Excusable Default, Repudiation, and Reputation |
|
w1144 |
Herschel I. Grossman William S. Haraf
|
Shunto, Rational Expectations, and Output Growth in Japan |
|
w3043 |
Zvi Bodie William Samuelson
|
Labor Supply Flexibility and Portfolio Choice |
|
w3039 |
Jeffrey K. MacKie-Mason
|
Do Firms Care Who Provides their Financing? |
|
w3037 |
Patric H. Hendershott Joe Peek
|
Interest Rates in the Reagan Years |
|
w3024 |
William G. Gale
|
Collateral, Rationing, and Government Intervention in Credit Markets |
|
w2538 |
David M. Cutler James M. Poterba Lawrence H. Summers
|
What Moves Stock Prices? |
|
w2506 |
Karl E. Case Robert J. Shiller
|
The Efficiency of the Market for Single-Family Homes |
|
w2418 |
David M. Cutler Lawrence H. Summers
|
The Costs of Conflict Resolution and Financial Distress: Evidence from the Texaco-Pennzoil Litigation |
|
w2343 |
James M. Poterba Lawrence H. Summers
|
Mean Reversion in Stock Prices: Evidence and Implications |
|
w1725 |
Bruce N. Lehmann David M. Modest
|
The Empirical Foundations of the Arbitrage Pricing Theory I: The Empirical Tests |
|
w3010 |
Patric H. Hendershott James D. Shilling
|
Reforming Conforming Loan Limits: The Impact on Thrift Earnings and Taxpayer Outlays |
|
w3009 |
Zvi Bodie
|
Inflation Insurance |
|
w3000 |
Randall Morck Andrei Shleifer Robert W. Vishny
|
Do Managerial Objectives Drive Bad Acquisitions? |
|
w2691 |
Frederic S. Mishkin
|
Understanding Real Interest Rates |
|
w2421 |
Deborah Lucas Robert L. McDonald
|
Bank Portfolio Choice with Private Information About Loan Quality: Theory and Implications for Regulation |
|
w2345 |
Michael D. Bordo Anna J. Schwartz
|
The ECU - An Imaginary or Embryonic Form of Money: What Can We Learn from History? |
|
w2984 |
Andrew W. Lo
|
Long-term Memory in Stock Market Prices |
|
w2568 |
John Y. Campbell Robert J. Shiller
|
Interpreting Cointegrated Models |
|
w2552 |
Benjamin M. Friedman
|
Monetary Policy Without Quantity Variables |
|
w2551 |
Benjamin M. Friedman
|
Lessons On Monetary Policy From The 1980's |
|
w2549 |
Michael D. Bordo
|
The Contribution of a Monetary History of the United States: 1867 to 1960 To Monetary History |
|
w2168 |
Andrew W. Lo A. Craig MacKinlay
|
Stock Market Prices Do Not Follow Random Walks: Evidence From a Simple Specification Test |
|
w2100 |
John Y. Campbell Robert J. Shiller
|
The Dividend-Price Ratio and Expectations of Future Dividends and Discount Factors |
|
w1663 |
Sanford J. Grossman
|
Monetary Dynamics with Proportional Transaction Costs and Fixed Payment Periods |
|
r1193 |
Steven Fazzari R. Glenn Hubbard Bruce C. Petersen
|
Investment, Financing Decisions, and Tax Policy |
|
w2951 |
Joseph G. Haubrich Andrew W. Lo
|
The Sources and Nature of Long-term Memory in the Business Cycle |
|
w2949 |
Dennis Hoffman Robert H. Rasche
|
Long-run Income and Interest Elasticities of Money Demand in the United States |
|
w2948 |
Laurence Ball Stephen G. Cecchetti
|
Wage Indexation and Time-Consistent Monetary Policy |
|
w2947 |
Fischer Black
|
Equilibrium Exchange Rate Hedging |
|
w2946 |
Fischer Black
|
Mean Reversion and Consumption Smoothing |
|
w2917 |
Zvi Bodie
|
Pensions as Retirement Income Insurance |
|
w2511 |
John Y. Campbell Robert J. Shiller
|
Stock Prices, Earnings and Expected Dividends |
|
w2360 |
Jeffrey A. Miron Stephen P. Zeldes
|
Seasonality, Cost Shocks, and the Production Smoothing Model of Inventories |
|
w2276 |
Richard M. Levich
|
Developing the ECU Markets: Perspectives on Financial Innovation |
|
w2910 |
Mervyn A. King Sushil Wadhwani
|
Transmission of Volatility Between Stock Markets |
|
w2903 |
Robert P. Flood Robert J. Hodrick
|
Testable Implications of Indeterminacies in Models with Rational Expectations |
|
w2891 |
Robert J. Hodrick Narayana Kocherlakota Deborah Lucas
|
The Variability of Velocity in Cash-In-Advance Models |
|
w2890 |
Charles Engel Jeffrey A. Frankel Kenneth A. Froot Anthony P. Rodrigues
|
Conditional Mean-Variance Efficiency of the U.S. Stock Market |
|
w2880 |
J. Bradford De Long Andrei Shleifer Lawrence H. Summers Robert J. Waldmann
|
Positive Feedback Investment Strategies and Destabilizing Rational Speculation |
|
w2879 |
Takatoshi Ito
|
Is the Bank of Japan a Closet Monetarist? Monetary Targeting in Japan, 1978-1988 |
|
w2806 |
Robert J. Shiller
|
Initial Public Offerings: Investor Behavior and Underpricing |
|
w2643 |
Roger N. Waud
|
Tax Aversion, Optimal Tax Rates, and Indexation |
|
w2575 |
Frederic S. Mishkin
|
The Information in the Term Structure: Some Further Results |
|
w2358 |
Kenneth A. Froot
|
Credibility, Real Interest Rates, and the Optimal Speed of Trade Liberalization |
|
w1779 |
Behzad T. Diba Herschel I. Grossman
|
Rational Bubbles in Stock Prices? |
|
t0076 |
Jack Meyer Robert H. Rasche
|
Kolmogorov-Smirnov Tests For Distribution Function Similarity With Applications To Portfolios of Common Stock |
|
w2357 |
Sanford J. Grossman
|
An Analysis of the Implications for Stock and Futures Price Volatility of Program Trading and Dynamic Hedging Strategies |
|
w2295 |
Randall Morck Andrei Shleifer Robert W. Vishny
|
Characteristics of Hostile and Friendly Takeover Targets |
|
w2850 |
Jeremy Bulow Kenneth Rogoff
|
Sovereign Debt Repurchases: No Cure for Overhang |
|
w2848 |
Miles S. Kimball
|
Precautionary Saving in the Small and in the Large |
|
w2846 |
Robert J. Shiller
|
Comovements in Stock Prices and Comovements in Dividends |
|
w2836 |
Edward J. Kane
|
How Incentive-Incompatible Deposit-Insurance Funds Fail |
|
w2641 |
Sanford J. Grossman Merton H. Miller
|
Liquidity and Market Structure |
|
w2472 |
Stephen G. Cecchetti
|
The Case of the Negative Nominal Interest Rates: New Estimates of the Term Structure of Interest Rates During the Great Depression |
|
w2366 |
Douglas K. Pearce V. Vance Roley
|
Firm Characteristics, Unanticipated Inflation, and Stock Returns |
|
w2344 |
Robert B. Barsky N. Gregory Mankiw Jeffrey A. Miron David N. Weil
|
The Worldwide Change in the Behavior of Interest Rates and Prices in 1914 |
|
w2272 |
Fumio Hayashi Takatoshi Ito Joel Slemrod
|
Housing Finance Imperfections and Private Saving: A Comparative Simulation Analysis of the U.S. and Japan |
|
w1493 |
Takatoshi Ito
|
Use of (Time-Domain) Vector Autoregressions to Test Uncovered Interest Parity |
|
r1111 |
Laurence M. Ball N. Gregory Mankiw David H. Romer
|
"The New Keynesian Economics and the Output-Inflation Trade-off" |
|
w2829 |
Philippe Weil
|
The Equity Premium Puzzle and the Riskfree Rate Puzzle |
|
w2824 |
Alberto Giovannini Philippe Weil
|
Risk Aversion and Intertemporal Substitution in the Capital Asset Pricing Model |
|
w2822 |
Philippe Weil
|
Money, Time Preference and External Balance |
|
w2821 |
Philippe Weil
|
On The Possibility of Price Decreasing Bubbles |
|
w2819 |
Martin Feldstein Douglas W. Elmendorf
|
Budget Deficits, Tax Incentives and Inflation: A Surprising Lesson From The 1983-84 Recovery |
|
w2818 |
Christopher M. Turner Richard Startz Charles R. Nelson
|
A Markov Model of Heteroskedasticity, Risk, and Learning in the Stock Market |
1988
|
|
w2387 |
Steven Fazzari R. Glenn Hubbard Bruce C. Petersen
|
Financing Constraints and Corporate Investment |
|
w2109 |
Richard T. Froyen Roger N. Waud
|
Real Business Cycles and the Lucas Paradigm |
|
w2793 |
Zvi Bodie
|
Inflation, Index-Linked Bonds, and Asset Allocation |
|
w2784 |
Robert B. Barsky J. Bradford De Long
|
Forecasting Pre-World War I Inflation: The Fisher Effect Revisited |
|
w2780 |
Robert Flood
|
Asset Prices and Time-Varying Risk |
|
w1990 |
Behzad T. Diba Herschel I. Grossman
|
On the Inception of Rational Bubbles in Stock Prices |
|
t0073 |
G. William Schwert
|
Tests For Unit Roots: A Monte Carlo Investigation |
|
t0065 |
Robert F. Engle Victor Ng Michael Rothschild
|
Asset Pricing with a Factor Arch Covariance Structure: Empirical Estimates for Treasury Bills |
|
w2764 |
Peter M. Garber Vittorio U. Grilli
|
Bank Runs in Open Economies and The International Transmission of Panics |
|
w2763 |
Mark Gertler
|
Financial Capacity, Reliquification, and Production in an Economy with Long-Term Financial Arrangements |
|
w2759 |
Alberto Alesina Guido Tabellini
|
Voting on the Budget Deficit |
|
w2074 |
Michael D. Bordo Lars Jonung
|
The Global Velocity Curve 1952-1982 |
|
w2027 |
Willem H. Buiter
|
Death, Population Growth, Productivity Growth and Debt Neutrality |
|
w2752 |
Zvi Bodie
|
Pension Fund Investment Policy |
|
w2133 |
Stephen J. Turnovsky
|
Monetary Growth, Inflation, and Economic Activity in a Dynamic Macro Model |
|
w2062 |
Martin Feldstein
|
The Effects of Fiscal Policies When Incomes are Uncertain: A Contradiction to Ricardian Equivalence |
|
t0071 |
John Y. Campbell Albert S. Kyle
|
Smart Money, Noise Trading and Stock Price Behavior |
|
w2715 |
J. Bradford De Long Andrei Shleifer Lawrence H. Summers Robert J. Waldmann
|
The Survival of Noise Traders in Financial Markets |
|
w2710 |
Joseph E. Stiglitz Andrew Weiss
|
Banks as Social Accountants and Screening Devices for the Allocation of Credit |
|
w2706 |
Alberto Alesina Howard Rosenthal
|
Partisan Cycles in Congressional Elections and the Macroeconomy |
|
w2255 |
Michael D. Bordo Lars Jonung
|
The Stochastic Properties of Velocity: A New Interpretation |
|
w2151 |
John Y. Campbell Richard H. Clarida
|
The Dollar and Real Interest Rates |
|
w2004 |
Behzad T. Diba Herschel I. Grossman
|
Rational Inflationary Bubbles |
|
w1683 |
Benjamin M. Friedman Mark Warshawsky
|
Annuity Prices and Saving Behavior in the United States |
|
w1594 |
Charles R. Nelson Andrew F. Siegel
|
Parsimoneous Modeling of Yield Curves for U.S. Treasury Bills |
|
t0070 |
Charles R. Nelson Chang-Jin Kim
|
The Time-Varying-Parameter Model as an Alternative to ARCH for Modeling Changing Conditional Variance: The Case of Lucas Hypothesis |
|
t0069 |
Charles R. Nelson Richard Startz
|
The Distribution of the Instrumental Variables Estimator and Its t-RatioWhen the Instrument is a Poor One |
|
t0068 |
Charles R. Nelson Richard Startz
|
Some Further Results on the Exact Small Sample Properties of the Instrumental Variable Estimator |
|
w2694 |
Benjamin M. Friedman Kenneth N. Kuttner
|
Time-Varying Risk Perceptions and the Pricing of Risky Assets |
|
w2684 |
Robert J. Shiller Fumiko Konya Yoshiro Tsutsui
|
Investor Behavior in the October 1987 Stock Market Crash: The Case of Japan |
|
w2683 |
Takatoshi Ito Kunio Okina Juro Teranishi
|
News and the Dollar/Yen Exchange Rate, 1931-1933: The End of the Gold Standard, Imperialism, and the Great Depression |
|
w2671 |
Robert S. Pindyck Julio J. Rotemberg
|
The Excess Co-Movement of Commodity Prices |
|
t0067 |
John Y. Campbell Robert J. Shiller
|
The Dividend Ratio Model and Small Sample Bias: A Monte Carlo Study |
|
w1892 |
Bennett T. McCallum
|
The Optimal Inflation Rate in an Overlapping-Generations Economy with Land |
|
w1885 |
John Y. Campbell Robert J. Shiller
|
Cointegration and Tests of Present Value Models |
|
w2610 |
Alberto Alesina Guido Tabellini
|
External Debt, Capital Flight and Political Risk |
|
w1796 |
James M. Poterba Julio J. Rotemberg
|
Money in the Utility Function: An Empirical Implementation |
|
t0066 |
Andrew W. Lo A. Craig MacKinlay
|
The Size and Power of the Variance Ratio Test in Finite Samples: A Monte Carlo Investigation |
|
w2559 |
Mark L. Gertler
|
Financial Structure and Aggregate Economic Activity: An Overview |
|
w2558 |
Dwight Jaffee Andrei Shleifer
|
Costs Of Financial Distress, Delayed Calls Of Convertible Bonds, And The Role Of Investment Banks |
|
w1575 |
Paul Jenkins Carl E. Walsh
|
Real Interest Rate, Credit Markets, and Economic Stabilization |
|
w2532 |
Randall Morck Andrei Shleifer Robert W. Vishny
|
Alternative Mechanisms for Corporate Control |
|
w2530 |
Edward J. Kane Haluk Unal
|
Change in Market Assessments of Deposit-Institution Riskiness |
|
w2529 |
Stephen A. Buser Patric H. Hendershott Anthony B. Sanders
|
On the Determinants of the Value of Call Options on Default-Free Bonds |
|
w1695 |
Donald R. Haurin Patric H. Hendershott
|
Affordability and the Value of Seller Financing |
|
w2528 |
Willem H. Buiter
|
Can Public Spending Cuts be Inflationary? |
|
w2520 |
Bennett T. McCallum
|
The Role of Demand Management in the Maintenance of Full Employment |
|
w2518 |
Stanley Fischer
|
Rules Versus Discretion in Monetary Policy |
|
w2290 |
Patric H. Hendershott Robert Van Order
|
Pricing Mortgages: An Interpretation of the Models and Results |
|
w2270 |
N. Gregory Mankiw
|
The Optimal Collection of Seigniorage: Theory and Evidence |
|
w2479 |
Ryuzo Sato
|
The U.S. Japan Trade Imbalance from the Japanese Perspective |
|
w2123 |
Stephen J. Turnovsky
|
Alternative Modes of Deficit Financing and Endogenous Monetary and Fiscal Policy 1923-1982 |
|
w2079 |
Michael D. Bordo Angela Redish
|
Why did the Bank of Canada Emerge in 1935? |
|
w1812 |
V. Vance Roley
|
The Response of Interest Rates to Money Announcements under Alternative Operating Prosedures and Reserve Requirement Systems |
|
w1626 |
John Y. Campbell
|
Stock Returns and the Term Structure |
1987
|
|
w2468 |
Alberto Alesina Alex Cukierman
|
The Politics of Ambiguity |
|
w2456 |
Robert S. Harris Julian Franks Colin Mayer
|
Means of Payment in Takeovers: Results for the U.K. and U.S. |
|
w2048 |
Takatoshi Ito
|
The Intra-Daily Exchange Rate Dynamics and Monetary Policies After the G5 Agreement |
|
w1460 |
Richard T. Froyen Roger N. Waud
|
An Examination of Aggregate Price Uncertainty in Four Countries and SomeImplications for Real Output |
|
w1361 |
R. Glenn Hubbard
|
Social Security and Household Portfolio Allocation |
|
r0943 |
R. Glenn Hubbard Kenneth L. Judd
|
Liquidity Constraints, Fiscal Policy, and Consumption |
|
w2446 |
Robert J. Shiller
|
Investor Behavior in the October 1987 Stock Market Crash: Survey Evidence |
|
w2443 |
Herschel I. Grossman
|
Lending to an Insecure Sovereign |
|
w2085 |
Charles W. Calomiris R. Glenn Hubbard James H. Stock
|
Growing in Debt: The 'Farm Crisis' and Public Policy |
|
t0063 |
Charles R. Nelson
|
Spurious Trend and Cycle in the State Space Decomposition of a Time Series with a Unit Root |
|
w2423 |
Saman Majd Robert S. Pindyck
|
The Learning Curve and Optimal Production Under Uncertainty |
|
w2422 |
Deborah Lucas Robert L. McDonald
|
Bank Financing and Investment Decisions with Asymmetric Information |
|
w2419 |
J. Bradford De Long
|
Have Productivity Levels Converged? Productivity Growth, Convergence, and Welfare in the Very Long Run |
|
w2395 |
J. Bradford De Long Andrei Shleifer Lawrence H. Summers Robert J. Waldmann
|
The Economic Consequences of Noise Traders |
|
w2124 |
N. Gregory Mankiw Jeffrey A. Miron David N. Weil
|
The Adjustment of Expectations to a Change in Regime: A Study of the Founding of the Federal Reserve |
|
w2094 |
Thomas Downs Patric H. Hendershott
|
Tax Policy and Stock Prices |
|
w1821 |
Michael D. Bordo
|
Explorations in Monetary History: A Survey of the Literature |
|
w1687 |
Charles R. Nelson
|
A Reappraisal of Recent Tests of the Permanent Income Hypothesis |
|
w1611 |
Benjamin M. Friedman V. Vance Roley
|
Aspects of Investor Behavior Under Risk |
|
w1213 |
Robert A. Taggart Jr.
|
Capital Allocation in Mult-Division Firms: Hurdle Rates vs. Budgets |
|
w2393 |
Karl E. Case Robert J. Shiller
|
Prices of Single Family Homes Since 1970: New Indexes for Four Cities |
|
w2392 |
Mervyn A. King Jonathan I. Leape
|
Asset Accumulation, Information, and the Life Cycle |
|
w2384 |
Carl E. Walsh
|
The Impact of Monetary Targeting in the United States: 1976-1984 |
|
w2383 |
Robert E. Cumby
|
Consumption Risk and International Asset Returns: Some Empirical Evidence |
|
w2362 |
Kenneth A. Froot
|
Tests of Excess Forecast Volatility in the Foreign Exchange and Stock Markets |
|
w2354 |
Alberto Alesina Stephen E. Spear
|
An Overlapping Generations Model of Electoral Competition |
|
w2347 |
Sanford J. Grossman Oliver D. Hart
|
One Share/One Vote and the Market for Corporate Control |
|
w2341 |
Robert J. Shiller J. Huston McCulloch
|
The Term Structure of Interest Rates |
|
w2340 |
Alan J. Marcus Arnold Kling
|
Interest-Only/Principal-Only Mortgage-Backed Strips: A Valuation and Risk Analysis |
|
w2333 |
Willem H. Buiter
|
The Right Combination of Demand and Supply Policies: The Case for a Two-Handed Approach |
|
w2186 |
Benjamin M. Friedman
|
New Directions in the Relationship Between Public and Private Debt |
|
w2009 |
N. Gregory Mankiw
|
Government Purchases and Real Interest Rates |
|
w1853 |
Takatoshi Ito V. Vance Roley
|
News from the U. S. and Japan: Which Moves the Yen/Dollar Exchange Rate? |
|
w1721 |
Bruce N. Lehmann David M. Modest
|
Mutual Fund Performance Evaluation: A Comparison of Benchmarks and Benchmark Comparisons |
|
w1654 |
Saman Majd Robert S. Pindyck
|
Time to Build, Option Value, and Investment Decisions |
|
w1187 |
Takatoshi Ito
|
Capital Controls and Covered Interest Parity |
|
w2322 |
Jayendu Patel Richard J. Zeckhauser
|
Treasury Bill Futures as Hedges Against Inflation Risk |
|
w2318 |
Ben Bernanke Mark Gertler
|
Financial Fragility and Economic Performance |
|
w2317 |
Edward J. Kane
|
No Room for Weak Links in the Chain of Deposit Insurance Reform |
|
w2308 |
Alberto Alesina Guido Tabellini
|
A Positive Theory of Fiscal Deficits and Government Debt in a Democracy |
|
w2300 |
William Poole
|
Monetary Policy Lessons of recent Inflation and Disinflation |
|
w1929 |
Frederic S. Mishkin
|
U.S. Macroeconomic Policy and Performance in the 1980s: An Overview |
|
w1804 |
Benjamin M. Friedman
|
Implications of the U.S. Net Capital Inflow |
|
w2297 |
Andrei Shleifer Robert W. Vishny
|
The Efficiency of Investment in the Presence of Aggregate Demand Spillovers |
|
w2260 |
Edward J. Kane
|
Who Should Learn What From the Failure and Delayed Bailout of the ODGF? |
|
w2253 |
Charles R. Nelson
|
Implicit Estimates of Natural, Trend, and Cyclical Components of Real GNP |
|
w2251 |
Willem H. Buiter
|
Efficient "Myopic" Asset Pricing in General Equilibrium: A Potential Pitfall in Excess Volatility Tests |
|
w2082 |
Robert S. Chirinko
|
Tobin's Q and Financial Policy |
|
w2072 |
Benjamin M. Friedman
|
Increasing Indebtedness and Financial Stability in the United States |
|
w1858 |
V. Vance Roley
|
U.S. Monetary Policy Regimes and U.S.-Japan Financial Relations |
|
w1845 |
Jeffrey A. Miron
|
Seasonal Fluctuations and the Life Cycle-Permanent Income Model of Consumption |
|
w1806 |
John Y. Campbell
|
Money Announcements, the Demand for Bank Reserves and the Behavior of the Federal Funds Rate Within the Statement Week |
|
w1737 |
Alan J. Auerbach Laurence J. Kotlikoff
|
Life Insurance of the Elderly: Adequacy and Determinants |
|
w2228 |
James H. Stock Mark W. Watson
|
Interpreting Evidence on Money-Income Causality |
|
w2219 |
Stewart C. Myers Richard S. Ruback
|
Discounting Rules for Risky Assets |
|
w1788 |
N. Gregory Mankiw
|
The Equity Premium and the Concentration of Aggregate Shocks |
|
w2201 |
Laurence Ball Stephen G. Cecchetti
|
Imperfect Information and Staggered Price Setting |
|
w1946 |
John Y. Campbell Richard H. Clarida
|
The Term Structure of Euromarket Interest Rates: An Empirical Investigation |
|
w1509 |
John Y. Campbell
|
Bond and Stock Returns in a Simple Exchange Model |
|
w1505 |
Herschel I. Grossman John B. Van Huyck
|
Seigniorage, Inflation, and Reputation |
|
w1345 |
N. Gregory Mankiw Lawrence H. Summers
|
Do Long-Term Interest Rates Overreact to Short-Term Interest Rates? |
|
w1019 |
Robert L. McDonald Daniel Siegel
|
The Value of Waiting to Invest |
|
w1867 |
Robert P. Flood Robert J. Hodrick
|
Asset Price Volatility, Bubbles, and Process Switching |
|
w1462 |
James M. Poterba Lawrence H. Summers
|
The Persistence of Volatility and Stock Market Fluctuations |
|
w2158 |
R. Glenn Hubbard Kenneth L. Judd
|
Finite Lifetimes, Borrowing Constraints, and Short-Run Fiscal Policy |
|
w2157 |
Bennett T. McCallum Marvin S. Goodfriend
|
Money: Theoretical Analysis of the Demand for Money |
|
w2154 |
Andrew B. Abel Mark Warshawsky
|
Specification of the Joy of Giving: Insights from Altruism |
|
w2125 |
Richard Deaves Angelo Melino James E. Pesando
|
The Response of Interest Rates to the Federal Reserve's Weekly Money Announcements: The "Puzzle" of Anticipated Money |
|
w2116 |
Carl E. Walsh
|
Testing for Real Effects of Monetary Policy Regime Shifts |
|
w1686 |
J. Bradford De Long Lawrence H. Summers
|
Is Increased Price Flexibility Stabilizing? |
1986
|
|
w1482 |
Benjamin M. Friedman
|
Money, Credit and Interest Rates in the Business Cycle |
|
w1786 |
N. Gregory Mankiw
|
The Allocation of Credit and Financial Collapse |
|
w1450 |
J. Bradford De Long Lawrence H. Summers
|
The Changing Cyclical Variability of Economic Activity in the United States |
|
w2047 |
Robert B. Barsky
|
Why Don't the Prices of Stocks and Bonds Move Together? |
|
w1678 |
John Huizinga Frederic S. Mishkin
|
Monetary Policy Regime Shifts and the Unusual Behavior of Real Interest Rates |
|
w1294 |
Bennett T. McCallum
|
Some Issues Concerning Interest Rate Pegging, Price Level Determinacy, and the Real Bills Doctrine |
|
r0777 |
N. Gregory Mankiw
|
The Term Structure of Interest Rates Revisited |
|
t0061 |
Willem H. Buiter
|
Granger-Causality and Policy Ineffectiveness: A Rejoinder |
|
w2029 |
Robert L. McDonald Naomi Soderstrom
|
Dividend and Share Changes: Is There a Financing Hierarchy? |
|
w1113 |
Jeffrey A. Frankel William T. Dickens
|
Are Asset Demand Functions Determined by CAPM? |
|
w1614 |
Alex Kane Alan J. Marcus
|
Valuation and Optimal Exercise of the Wild Card Option in the Treasury Bond Futures Market |
|
w1469 |
James M. Poterba
|
Expected Future Tax Policy and Tax-Exempt Bond Yields |
|
w1439 |
Alex Kane Alan J. Marcus Robert L. McDonald
|
Debt Policy and the Rate of Return Premium to Leverage |
|
w1181 |
V. Vance Roley Carl E. Walsh
|
Monetary Policy Regimes, Expected Inflation, and the Response of Interest Rates to Money Announcements |
|
t0059 |
Andrew W. Lo
|
Maximum Likelihood Estimation of Generalized Ito Processes with Discretely Sampled Data |
|
w1980 |
Robert S. Pindyck
|
Irreversible Investment, Capacity Choice, and the Value of the Firm |
|
w1971 |
Robert P. Flood Robert J. Hodrick Paul Kaplan
|
An Evaluation of Recent Evidence on Stock Market Bubbles |
|
w1970 |
Martin Feldstein
|
Budget Deficits, Tax Rules, and real Interest Rates |
|
w1669 |
N. Gregory Mankiw Jeffrey A. Miron
|
The Changing Behavior of the Term Structure of Interest Rates |
|
w1964 |
John Pound Robert J. Shiller
|
Speculative Behavior of Institutional Investors |
|
w1959 |
Patric H. Hendershott
|
Mortgage Pricing: What Have We Learned So Far? |
|
w1958 |
Alex Kane Alan J. Marcus
|
The Valuation of Security Analysis |
|
w1955 |
James M. Poterba Lawrence H. Summers
|
Finite Lifetimes and the Crowding Out Effects of Budget Deficits |
|
w1921 |
Robert S. Pindyck
|
Risk Aversion and Determinants of Stock Market Behavior |
|
w1544 |
Joe Peek James A. Wilcox
|
Taxable and Tax-Exempt Interest Rates: The Role of Personal and Corporate Tax Rates |
|
w1890 |
Peter R. Hartley Carl E. Walsh
|
Inside Money and Monetary Neutrality |
|
w1889 |
Steven L. Green Herschel I. Grossman
|
The Illusion of Stabilization Policy? |
|
w1572 |
Bennett T. McCallum
|
Bank Deregulation, Accounting Systems of Exchange, and the Unit of Account: A Critical Review |
|
w1874 |
James E. Pesando Andre Plourde
|
The October 1979 Change in the Monetary Regime: Its Impact on the "Forecastability" of Interest Rates |
|
w1851 |
Robert J. Shiller John Pound
|
Survey Evidence on Diffusion of Investment Among Institutional Investors |
|
w1580 |
V. Vance Roley
|
Money Demand Predictability |
|
w1508 |
John Y. Campbell
|
A Defense of Traditional Hypotheses About the Term Structure of InterestRates |
|
w1382 |
Donald F. Cunningham Patric H. Hendershott
|
Pricing FHA Mortgage Default Insurance |
|
w1205 |
Jeffrey A. Frankel
|
A Test of Portfolio Crowding-Out and Related Issues in Finance |
|
w1842 |
Ben S. Bernanke
|
Alternative Explanations of the Money-Income Correlation |
|
w1828 |
Angelo Melino
|
The Term Structure of Interest Rates: Evidence and Theory |
|
w1596 |
Bennett T. McCallum
|
On Consequences and Criticisms of Monetary Targeting |
|
w1795 |
James E. Pesando
|
Discontinuities in Pension Benefit Formulas and the Spot Model of the Labor Market: Implications for Financial Economists |
|
w1789 |
Charles R. Nelson Andrew F. Siegel
|
Long-Term Behavior of Yield Curves |
|
w1121 |
Jeffrey A. Frankel Gikas A. Hardouvelis
|
Commodity Prices, Overshooting, Money Surprises, and Fed Credibility |
1985
|
|
w1081 |
Richard T. Froyen Roger N. Waud
|
Demand Variability, Supply Shocks and the Output-Inflation Tradeoff |
|
t0052 |
Willem H. Buiter
|
A Fiscal Theory of Hyperdeflations? Some Surprising Monetarist Arithmetic |
|
w1738 |
R. Glenn Hubbard Robert J. Weiner
|
Nominal Contracting and Price Flexibility in Product Markets |
|
w1727 |
Robert P. Inman
|
The Funding Status of Teacher Pensions: An Econometric Approach |
|
w1726 |
Bruce N. Lehmann David M. Modest
|
The Empirical Foundations of the Arbitrage Pricing Theory II: The Optimal Construction of Basis Portfolios |
|
w1719 |
Zvi Bodie Alan J. Marcus Robert C. Merton
|
Defined Benefit versus Defined Contribution Pension Plans: What are the Real Tradeoffs? |
|
w1548 |
Patric H. Hendershott
|
Pricing Adjustable Rate Mortgages |
|
w1408 |
Stephen A. Buser Patric H. Hendershott
|
The Pricing of Default-Free Mortgages |
|
w1707 |
Patric H. Hendershott
|
Tax Reform and Financial Markets |
|
w1705 |
John Huizinga Leonardo Leiderman
|
Interest Rates, Money Supply Announcements, and Monetary Base Announcements |
|
w1208 |
Benjamin M. Friedman
|
Recent Perspectives in and on Macroeconomics |
|
w0866 |
Robert A. Taggart Jr.
|
Effects of Regulation on Utility Financing: Theory and Evidence |
|
w1545 |
Benjamin M. Friedman
|
Portfolio Choice and the Debt-to-Income Relationship |
|
w1451 |
Benjamin M. Friedman
|
Financial Intermediation in the United States |
|
w1143 |
E. Philip Jones Scott P. Mason Eric Rosenfeld
|
Contingent Claims Valuation of Corporate Liabilities: Theory and Empirical Tests |
|
w1137 |
Wayne H. Mikkelson
|
Capital Structure Change and Decreases in Stockholders' Wealth: A Cross-Sectional Study of Convertible Security Calls |
|
w1643 |
Sanford J. Grossman Angelo Melino Robert J. Shiller
|
Estimating the Continuous Time Consumption Based Asset Pricing Model |
|
w1629 |
Carl E. Walsh
|
Borrowing Restrictions and Wealth Constraints: Implications for Aggregate Consumption |
|
w1625 |
Stanley Fischer George Pennacchi
|
Serial Correlation of Asset Returns and Optimal Portfolios for the Long and Short Term |
|
w1353 |
James M. Poterba Lawrence H. Summers
|
The Economic Effects of Dividend Taxation |
|
w1286 |
Alex Kane Alan J. Marcus Robert L. McDonald
|
How Big is the Tax Advantage to Debt? |
|
w1248 |
Alex Kane Young Ki Lee Alan J. Marcus
|
Earnings and Dividend Announcements is there a Corroboration Effect? |
|
w1151 |
Alan J. Auerbach
|
Real Determinants of Corporate Leverage |
|
w1142 |
Patric H. Hendershott Roger D. Huang
|
Debt and Equity Yields: 1926-80 |
|
w1091 |
Zvi Bodie Alex Kane Robert L. McDonald
|
Inflation and the Role of Bonds in Investor Portfolios |
|
w0810 |
Robert A. Taggart Jr.
|
Secular Patterns in Corporate Finance |
|
w1615 |
Behzad T. Diba Herschel I. Grossman
|
The Impossibility of Rational Bubbles |
|
w1209 |
Benjamin M. Friedman
|
Managing the U.S. Government Deficit in the 1980s |
|
w1612 |
Terry A. Marsh
|
Asset Pricing Model Specification and the Term Structure Evidence |
|
w1610 |
Robert J. Shiller
|
Conventional Valuation and the Term Structure of Interest Rates |
|
w1487 |
Benjamin M. Friedman
|
The Value of Intermediate Targets in Implementing Monetary Policy |
|
w1358 |
Joe Peek James A. Wilcox
|
The Degree of Fiscal Illusion in Interest Rates: Some Direct Estimates |
|
w1296 |
Douglas K. Pearce V. Vance Roley
|
Stock Prices and Economic News |
|
t0045 |
Robert J. Shiller Pierre Perron
|
Testing the Random Walk Hypothesis: Power versus Frequency of Observation |
|
w1589 |
Carl E. Walsh
|
Monetary Information and Interest Rates |
|
t0044 |
Michael Rothschild
|
Asset Pricing Theories |
|
w1565 |
Benjamin M. Friedman
|
Crowding Out or Crowding In? Evidence on Debt-Equity Substitutability |
|
w1553 |
Saman Majd Stewart C. Myers
|
Valuing the Government's Tax Claim on Risky Corporate Assets |
|
w1543 |
James A. Wilcox
|
Short-Term Movements of Long-Term Real Interest Rates: Evidence from the U.K. Indexed Bond Market |
|
w1542 |
Alex Kane Leonard Rosenthal
|
Efficient Inflation Forecasts: An International Comparison |
1984
|
|
w1530 |
Michael Smirlock Jess B. Yawitz
|
Asset Returns, Discount Rate Changes and Market Efficiency |
|
w1525 |
Stephen A. Buser Patric H. Hendershott Anthony B. Sanders
|
Pricing Rate Caps on Default-Free Adjustable-Rate Mortgages |
|
w1523 |
Robert A. Taggart Jr.
|
Have U.S. Corporations Grown Financially Weak? |
|
w1522 |
Scott P. Mason
|
Valuing Financial Flexibility |
|
w1521 |
Patric H. Hendershott
|
Debt and Equity Returns Revisited |
|
w1520 |
Benjamin M. Friedman
|
Implications of Government Deficits for Interest Rates, Equity Returns and Corporate Financing |
|
w1519 |
Alan J. Auerbach
|
The Economic Effects of the Corporate Income Tax: Changing Revenues and Changing Views |
|
w1184 |
George M. Constantinides Jonathan E. Ingersoll Jr.
|
Optimal Bond Trading with Personal Taxes: Implications for Bond Prices and Estimated Tax Brackets and Yield Curves |
|
w1320 |
Edward J. Kane
|
Technological and Regulatory Forces in the Developing Fusion of Financial-Services Competition |
|
w1313 |
Thomas Urich Paul Wachtel
|
The Effects of Inflation and Money Supply Announcements on Interest Rates |
|
w1273 |
Richard H. Clarida Benjamin M. Friedman
|
The Behavior of U.S. Short-Term Interest Rates Since October 1979 |
|
w1272 |
Benjamin M. Friedman
|
Lessons from the 1979-1982 Monetary Policy Experiment |
|
w1268 |
Patric H. Hendershott
|
Expectations, Surprises and Treasury Bill Rates: 1960-82 |
|
w0957 |
Benjamin M. Friedman
|
Pension Funding, Pension Asset Allocation, and Corporate Finance: Evidence From Individual Company Data |
|
r0554 |
Richard H. Clarida Benjamin M. Friedman
|
Why Have Short-Term Interest Rates Been So High? |
|
w1478 |
Edward J. Kane
|
Change and Progress in Contemporary Mortgage Markets |
|
w1090 |
Thomas Urich Paul Wachtel
|
The Structure of Expectations of the Weekly Money Supply Announcement |
|
w1449 |
Peter J. Elmer Patric H. Hendershott
|
Relative Factor Price Changes and Equity Prices |
|
w1441 |
E. Philip Jones Robert A. Taggart Jr.
|
Taxes and Ownership Structure: Corporations, Partnerships and Royalty Trusts |
|
w1430 |
R. Glenn Hubbard
|
'Precautionary' Saving Revisited: Social Security, Individual Welfare, and the Capital Stock |
|
w1415 |
Kenneth B. Dunn Kenneth J. Singleton
|
Modeling the Term Structure of Interest Rates Under Nonseparable Utilityand Duriability of Goods |
|
w1176 |
George M. Constantinides
|
Optimal Stock Trading with Personal Taxes: Implications for Prices and the Abnormal January Returns |
|
w1406 |
John H. Makin Raymond D. Sauer
|
Exchange Rate Determination with Systematic and Unsystematic Policy Regime Changes: Evidence From the Yen/Dollar Rate |
|
w1396 |
Stewart C. Myers Nicholas S. Majluf
|
Corporate Financing and Investment Decisions When Firms Have InformationThat Investors Do Not Have |
|
w1393 |
Stewart C. Myers
|
Capital Structure Puzzle |
|
w1141 |
Zvi Bodie Alex Kane Robert L. McDonald
|
Why Are Real Interest Rates So High? |
|
w1134 |
Richard T. Froyen Roger N. Waud
|
The Changing Relationship Between Aggregate Price and Output: The British Experience |
|
w1379 |
Joe Peek James A. Wilcox
|
The Reaction of Reduced-Form Coefficients to Regime Changes: The Case of Interest Rates |
|
w1375 |
Carl E. Walsh
|
Optimal Taxation by the Monetary Authority |
|
w1374 |
James A. Wilcox
|
Excess Reserves in the Great Depression |
|
w0598 |
David G. Hartman
|
The International Financial Market and U.S. Interest Rates |
|
w1355 |
John H. Makin
|
A Fiscal Framework for Analysis of Interest Rate Behavior in Open Economies |
|
w1350 |
John H. Makin
|
Exchange Rates and Taxes |
|
w1349 |
Edward J. Kane
|
Microeconomic Evidence on the Composition of Effective Household SavingsDuring the 1960s and 1970s |
|
w0747 |
Lemma W. Senbet Robert A. Taggart Jr.
|
Capital Structure Equilibrium under Incomplete Market Conditions |
|
t0036 |
Richard H. Clarida Diane Coyle
|
Conditional Projection by Means of Kalman Filtering |
|
w1331 |
Edward J. Kane
|
Regulatory Structure in Futures Markets: Jurisdictional Competition Among the SEC, the CFTC, and Other Agencies |
|
w1323 |
Louis H. Ederington Jess B. Yawitz Brian E. Roberts
|
The Informational Content of Bond Ratings |
|
w1280 |
William J. Marshall Jess B. Yawitz Edward Greenberg
|
Incentives for Diversification and the Structure of the Conglomerate Firm |
|
w1278 |
V. Vance Roley Carl E. Walsh
|
Unanticipated Money and Interest Rates |
|
w1277 |
Bennett T. McCallum
|
Monetarist Rules in the Light of Recent Experience |
|
w0958 |
Douglas K. Pearce V. Vance Roley
|
The Reaction of Stock Prices to Unanticipated Changes in Money |
|
w0869 |
David S. Jones V. Vance Roley
|
Rational Expectations, the Expectations Hypothesis, and Treasury Bill Yields: An Econometric Analysis |
|
w1013 |
Willem H. Buiter
|
The Proper Measurement of Government Budget Deficits: Comprehensive Wealth Accounting or Permanent Income Accounting for the Public Sector |
|
w0996 |
Gary Chamberlain Michael Rothschild
|
Arbitrage, Factor Structure, and Mean-Variance Analysis on Large Asset Markets |
|
w0831 |
Benjamin M. Friedman
|
The Roles of Money and Credit in Macroeconomic Analysis |
|
w0508 |
Martin Feldstein James M. Poterba
|
State and Local Taxes and the Rate of Return on Nonfinancial Corporate Capital (revised as W0740) |
1983
|
|
w1247 |
Mervyn A. King
|
The Economics of Saving |
|
w1243 |
Alex Kane Young Ki Lee
|
The Forecasting Ability of Money Market Fund Managers and its Economic Value |
|
w1001 |
V. Vance Roley
|
The Response of Short-Term Interest Rates to Weekly Money Announcements |
|
w0980 |
Benjamin M. Friedman
|
Monetary Policy with a Credit Aggregate Target |
|
w0918 |
Patric H. Hendershott Sheng Cheng Hu Kevin E. Villani
|
The Economics of Mortgage Terminations: Implications for Mortgage Lenders and Mortgage Terms |
|
w0917 |
Benjamin M. Friedman
|
Federal Reserve Policy, Interest Rate Volatility, and the U.S. Capital Raising Mechanism |
|
t0030 |
Charles R. Nelson Heejoon Kang
|
Pitfalls in the use of Time as an Explanatory Variable in Regression |
|
w1215 |
Jess B. Yawitz Kevin J. Maloney Louis H. Ederington
|
Taxes, Default Risk, and Yield Spreads |
|
w1203 |
John Y. Campbell Robert J. Shiller
|
A Simple Account of the Behavior of Long-Term Interest Rates |
|
w0593 |
V. Vance Roley
|
Symmetry Restrictions in a System of Financial Asset Demands: A Theoretical and Empirical Analysis |
|
r0405 |
George M. Constantinides
|
Capital Market Equilibrium with Personal Tax |
|
w1186 |
Robert S. Pindyck
|
Risk, Inflation, and the Stock Market |
|
w1169 |
John H. Ciccolo Jr. Christopher F. Baum
|
Changes in the Balance Sheet of the U.S. Manufacturing Sector, 1926-1977 |
|
w1157 |
Robert E. Lucas Jr.
|
Financial Innovation and the Control of Monetary Aggregates: Some Evidence from Canada |
|
w1145 |
Michael S. Long Ileen B. Malitz
|
Investment Patterns and Financial Leverage |
|
w1132 |
Kevin J. Maloney William J. Marshall Jess B. Yawitz
|
The Effect of Risk on the Firm's Optimal Capital Stock: A Note |
|
w1130 |
Benjamin M. Friedman
|
THE SUBSTITUTABILITY OF DEBT AND EQUITY SECURITIES |
|
w0737 |
Yair E. Orgler Robert A. Taggart Jr.
|
Implications of Corporate Capital Structure Theory for Banking Institutions |
|
w1082 |
V. Vance Roley
|
Asset Substitutability and the Impact of Federal Deficits |
|
w1078 |
Willem H. Buiter
|
Deficits, Crowding Out and Inflation: The Simple Analytics |
|
w0586 |
V. Vance Roley
|
The Effect of Federal Debt Management Policy on Corporate Bond and Equity Yields |
1982
|
|
w0678 |
Joseph E. Stiglitz
|
Information and Capital Markets |
|
w1033 |
Benjamin M. Friedman
|
Money, Credit and Nonfinancial Economic Activity: An Empirical Study of Five Countries |
|
w0886 |
Benjamin M. Friedman
|
Interest Rate Implications for Fiscal and Monetary Policies: A Postscript on the Government Budget Constraint |
|
w0690 |
Sanford J. Grossman Robert J. Shiller
|
Consumption Correlatedness and Risk Measurement in Economies with Non trade Assets and Heterogeneous Information |
|
w0993 |
John H. Makin
|
Money Surprises and Short-Term Interest Rates: Reconciling ContradictoryFindings |
|
w0975 |
Sanford J. Grossman Oliver D. Hart Eric Maskin
|
Unemployment with Observable Aggregate Shocks |
|
w0373 |
Zvi Bodie
|
Inflation Risk and Capital Market Equilibrium |
|
w0700 |
Burton G. Malkiel
|
Risk and Return: A New Look |
|
w0745 |
Benjamin M. Friedman
|
Financing Capital Formation in the 1980s: Issues for Public Policy |
|
w0704 |
Benjamin M. Friedman
|
Debt and Economic Activity in the United States |
|
w0703 |
Martin Feldstein
|
Private Pensions as Corporate Debt |
|
w0702 |
John H. Ciccolo Jr.
|
Changing Balance Sheet Relationships in the U.S. Manufacturing Sector, 1926-77 |
|
w0701 |
Zvi Bodie
|
Investment Strategy in an Inflationary Environment |
|
w0699 |
Patric H. Hendershott
|
Inflation, Resource Utilization, and Debt and Equity Returns |
|
w0915 |
Carl E. Walsh
|
Interest Rate Volatility and Monetary Policy |
|
w0906 |
Richard Hartman John H. Makin
|
Inflation Uncertainty and Interest Rates: Theory and Empirical Tests |
|
w0731 |
Edward J. Kane
|
Changes in the Provision of Correspondent-Banking Services and the Role of Federal Reserve Banks under the DIDMC Act |
|
w0893 |
Bennett T. McCallum James G. Hoehn
|
Money Stock Control with Reserve and Interest Rate Instruments Under Rational Expectations |
|
t0023 |
William A. Brock Michael Rothschild Joseph E. Stiglitz
|
Stochastic Capital Theory I. Comparative Statics |
|
w0760 |
John H. Makin
|
Anticipated Money, Inflation Uncertainty, and Real Economic Activity |
|
w0370 |
Patric H. Hendershott
|
The Decline in Aggregate Share Values: Inflation, Taxation, Risk and Profitability |
|
w0867 |
Willem H. Buiter
|
Comment on T. J. Sargent and N. Wallace: "Some Unpleasant Monetarist Arithmetic" |
|
w0838 |
Robert J. Shiller
|
Consumption, Asset Markets, and Macroeconomic Fluctuations |
1981
|
|
w0830 |
Benjamin M. Friedman
|
Debt Management Policy, Interest Rates, and Economic Activity |
|
w0818 |
John H. Makin
|
Real Interest, Money Surprises and Anticipated Inflation |
|
w0638 |
Edward J. Kane
|
Accelerating Inflation, Technological Innovation, and the Decreasing Effectiveness of Banking Regulation |
|
w0509 |
Martin Feldstein Stephanie Seligman
|
Pension Funding, Share Prices, and National Saving |
|
t0019 |
David S. Jones V. Vance Roley
|
Bliss Points in Mean-Variance Portfolio Models |
|
w0536 |
Kenneth L. Stanley Wilbur G. Lewehlen Gary G. Schlarbau
|
Further Evidence on the Value of Professional Investment Research |
|
w0775 |
Charles Freedman
|
Monetary Aggregates as Targets: Some Theoretical Aspects |
|
w0755 |
Patric H. Hendershott Sheng Cheng Hu
|
Accelerating Inflation, Nonassumable Fixed-Rate Mortgages, and Consumer Choice and Welfare |
|
w0739 |
Patric H. Hendershott Kevin E. Villani
|
Housing Finance in the United States in the Year 2001 |
|
w0738 |
Patric H. Hendershott Kevin E. Villani
|
The Terminations Premium in Mortgage Coupon Rates: Evidence on the Integration of Mortgage and Bond Markets |
|
w0732 |
Carl E. Walsh
|
Measurement Error and the Flow of Funds Accounts: Estimates of HouseholdAsset Demand Equations |
|
w0565 |
Robert J. Shiller
|
The Use of Volatility Measures in Assessing Market Efficiency |
|
w0354 |
Lawrence H. Summers
|
Optimal Inflation Policy |
|
w0725 |
Patric H. Hendershott Kevin E. Villani
|
Savings and Loan Usage of the Authority to Invest in Corporate Debt |
|
w0719 |
David S. Jones
|
The Efficiency of Decentralized Investment Management Systems |
|
w0564 |
Sanford J. Grossman Robert J. Shiller
|
The Determinants of the Variability of Stock Market Prices |
|
t0015 |
Gary Chamberlain Michael Rothschild
|
Arbitrage and Mean-Variance Analysis on Large Asset Markets |
|
r0158 |
Patric H. Hendershott
|
Real User Costs and the Demand for Single-Family Housing |
|
w0650 |
Charles Freedman
|
Some Theoretical Aspects of Base Control |
|
w0648 |
John H. Makin
|
International Capital Flows under Full Monetary Equilibrium: An Empirical Analysis |
|
w0647 |
John H. Makin
|
Exchange Rate Behavior under Full Monetary Equilibrium: An Empirical Analysis |
|
w0645 |
Benjamin M. Friedman
|
The Relative Stability of Money and Credit "Velocities" in the United States: Evidence and Some Speculations |
|
w0640 |
Edward J. Kane
|
Deregulation, Savings and Loan Diversification, and the Flow of Housing Finance |
|
w0639 |
Edward J. Kane
|
Nested Tests of Alternative Term-Structure Theories |
|
w0205 |
Benjamin M. Friedman V. Vance Roley
|
Structural Models of Interest Rate Determination and Portfolio Behavior in the Corporate and Government Bond Markets |
1980
|
|
w0595 |
James E. Pesando
|
On Expectations, Term Premiums and the Volatility of Long-Term Interest Rates |
|
w0594 |
Robert A. Taggart Jr.
|
Taxes and Corporate Capital Structure in an Incomplete Market |
|
w0587 |
Benjamin M. Friedman
|
Effects of Shifting Saving Patterns on Interest Rates and Economic Activity |
|
w0261 |
Benjamin M. Friedman
|
Survey Evidence on The Rationality of Interest Rate Expectations |
|
t0007 |
V. Vance Roley
|
A Disaggregated Structural Model of the Treasury Securities, Corporate Bond, and Equity Markets: Estimation and Simulation Results |
|
w0581 |
David G. Hartman
|
International Effects on the U.S. Capital Market |
|
w0239 |
Benjamin M. Friedman
|
The Effect of Shifting Wealth Ownership on the Term Structure of Interest Rates |
|
r0099 |
Patric H. Hendershott Timothy W. Koch
|
The Demand for Tax-Exempt Securities by Financial Institutions |
|
w0574 |
David S. Jones
|
Symmetric Substitution Matrices in Asset Demand Systsems |
|
w0573 |
David S. Jones
|
Consistent Simple Sum Aggregation over Assets |
|
w0566 |
Carl E. Walsh
|
Asset Prices, Substitution Effects, and the Impact of Changes in Asset Stocks |
|
w0563 |
Robert J. Shiller
|
Alternative Tests of Rational Expectations Models: The Case of the Term Structure |
|
w0542 |
David S. Jones
|
Expected Inflation and Equity Prices: A Structural Econometric Approach |
|
r0086 |
Wilbur G. Lewellen Ronald C. Lease Gary G. Schlarbaum
|
Portfolio Design and Portfolio Performance: The Individual Investor |
|
w0525 |
Phillip Cagan
|
The Relation of Stock Prices to Corporate Earnings Adjusted for Inflation |
|
w0294 |
Benjamin M. Friedman
|
How Important is Disaggregation in Structural Models of Interest Rate Determination? |
|
r0063 |
E. Han Kim Wilbur G. Lewellen John J. McConnell
|
Financial Leverage Clienteles: Theory and Evidence |
|
r0062 |
Benjamin M. Friedman
|
The Information Value of Observing Monetary Policy Deliberations |
|
r0058 |
Robert J. Shiller Franco Modigliani
|
Coupon and Tax Effects on New and Seasoned Bond Yields and the Measurement of the Cost of Debt Capital |
|
w0471 |
John G. Cragg Burton G. Malkiel
|
Expectations and Valuation of Shares |
|
w0470 |
Edward J. Kane
|
Accelerating Inflation and the Distribution of Household Savings Incentives |
|
w0258 |
Phillip Cagan
|
Imported Inflation 1973-74 and the Accommodation Issue |
|
w0235 |
Benjamin M. Friedman
|
Price Inflation, Portfolio Choice, and Nominal Interest Rates |
|
w0178 |
Benjamin M. Friedman V. Vance Roley
|
Investors' Portfolio Behavior Under Alternative Models of Long-Term Interest Rate Expectations: Unitary, Rational, or Autoregressive |
|
r0054 |
Burton G. Malkiel George M. von Furstenberg Harry S. Watson
|
Expectations, Tobins q, and Industry Investment |
|
r0037 |
Wilbur G. Lewellen Ronald C. Lease Gary G. Schlarbaum
|
Investment Performance and Investor Behavior |
|
w0458 |
Benjamin M. Friedman
|
Postwar Changes in the American Financial Markets |
|
w0456 |
Robert J. Shiller
|
Do Stock Prices Move Too Much to be Justified by Subsequent Changes in Dividends? |
|
w0447 |
Patric H. Hendershott
|
Mortgage Revenue Bonds: Tax Exemption with a Vengeance |
|
w0444 |
Robert C. Merton
|
On Estimating the Expected Return on the Market: An Exploratory Investigation |
|
w0442 |
Zvi Bodie
|
Purchasing-Power Annuities: Financial Innovation for Stable Real Retirement Income in an Inflationary Environment |
|
w0295 |
Benjamin M. Friedman
|
Interest Rate Expectations Versus Forward Rates: Evidence From An Expectations Survey |
|
r0028 |
Benjamin M. Friedman
|
Optimal Expectations and the Extreme Information Assumptions of 'Rational Expectations' Macromodels |
|
r0022 |
John C. Groth Wilbur G. Levellen Gary G. Schlarbaum Ronald C. Lease
|
An Analysis of Brokerage House Securities Recommendations |
|
r0021 |
Gary G. Schlarbaum Wilbur G. Lewellen Ronald C. Lease
|
Realized Returns on Common Stock Investments: The Experience of Individual Investors |
1979
|
|
w0410 |
James E. Pesando
|
On Forecasting Interest Rates: An Efficient Markets Perspective |
|
r0018 |
Benjamin M. Friedman
|
Substitution and Expectation Effects on Long-Term Borrowing Behavior andLong-Term Interest Rates |
|
w0366 |
Benjamin M. Friedman
|
The Determination of Long-Term Interest Rates: Implications for Monetary and Fiscal Policies |
|
r0016 |
Wilbur G. Lewellen Kenneth L. Stanley Ronald C. Lease Gary G. Schlarbaum
|
Some Direct Evidence on the Dividend Clientele Phenomenon |
|
w0348 |
Robert J. Shiller
|
Can the Fed Control Real Interest Rates? |
|
w0345 |
Benjamin M. Friedman V. Vance Roley
|
A Note on the Derivation of Linear Homogeneous Asset Demand Functions |
|
w0284 |
Benjamin M. Friedman
|
Crowding Out Or Crowding In? The Economic Consequences of Financing Government Deficits |
1978
|
|
w0303 |
Stanley Fischer Franco Modigliani
|
Towards An Understanding of the Real Effects and Costs of Inflation |
|
w0231 |
Benjamin M. Friedman
|
Who Puts the Inflation Premium Into Nominal Interests Rates? |
1977
|
|
w0218 |
Zvi Bodie Benjamin M. Friedman
|
Heterogeneous-Expectations Model of the Value of Bonds Bearing Call Options |
|
w0182 |
Irving B. Kravis Robert E. Lipsey Eliot R. J. Kalter
|
Export Prices and Exchange Rates |
Generated Sat May 25 00:00:53 2013
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