Lee E. Ohanian
8283 Bunche Hall
UCLA, Department of Economics
Los Angeles, CA 90095
NBER Program Affiliations:
NBER Affiliation: Research Associate
Information about this author at RePEc
NBER Working Papers and Publications
|September 2017||Tarnishing the Golden and Empire States: Land-Use Restrictions and the U.S. Economic Slowdown|
with Kyle F. Herkenhoff, Edward C. Prescott: w23790
Published: Kyle F. Herkenhoff & Lee E. Ohanian & Edward C. Prescott, 2017. "Tarnishing the Golden and Empire States: Land-Use Restrictions and the U.S. Economic Slowdown," Journal of Monetary Economics, . citation courtesy of
|May 2016||The Great Recession in the Shadow of the Great Depression: A Review Essay on “Hall of Mirrors: The Great Depression, The Great Recession and the Uses and Misuses Of History”|
Published: Lee E. Ohanian, 2017. "The Great Recession in the Shadow of the Great Depression: A Review Essay on , by Barry Eichengreen," Journal of Economic Literature, vol 55(4), pages 1583-1601.
|March 2016||Neoclassical Models in Macroeconomics|
with Gary D. Hansen: w22122
|November 2015||Bad Investments and Missed Opportunities? Postwar Capital Flows to Asia and Latin America|
with Paulina Restrepo-Echavarria, Mark L. J. Wright: w21744
Published: Lee E. Ohanian & Paulina Restrepo-Echavarria & Mark L. J. Wright, 2018. "Bad Investments and Missed Opportunities? Postwar Capital Flows to Asia and Latin America," American Economic Review, vol 108(12), pages 3541-3582.
|October 2015||Can't Pay or Won't Pay? Unemployment, Negative Equity, and Strategic Default|
with Kristopher Gerardi, Kyle F. Herkenhoff, Paul S. Willen: w21630
Published: Kristopher Gerardi & Kyle F. Herkenhoff & Lee E. Ohanian & Paul S. Willen, 2018. "Can’t Pay or Won’t Pay? Unemployment, Negative Equity, and Strategic Default," The Review of Financial Studies, vol 31(3), pages 1098-1131.
|September 2015||The Impact of Foreclosure Delay on U.S. Employment|
with Kyle F. Herkenhoff: w21532
Published: Kyle F. Herkenhoff & Lee E. Ohanian, 2018. "The impact of foreclosure delay on U.S. employment," Review of Economic Dynamics, .
|October 2014||Competitive Pressure and the Decline of the Rust Belt: A Macroeconomic Analysis|
with Simeon Alder, David Lagakos: w20538
|February 2013||The Impact of Cartelization, Money, and Productivity Shocks on the International Great Depression|
with Harold L. Cole: w18823
|September 2011||Aggregate Hours Worked in OECD Countries: New Measurement and Implications for Business Cycles|
with Andrea Raffo: w17420
Published: Ohanian, Lee E. & Raffo, Andrea, 2012. "Aggregate hours worked in OECD countries: New measurement and implications for business cycles," Journal of Monetary Economics, Elsevier, vol. 59(1), pages 40-56. citation courtesy of
|August 2011||Labor Market Dysfunction During the Great Recession|
with Kyle F. Herkenhoff: w17313
Published: “Labor Market Dysfunction during the Great Recession,” with Lee E. Ohanian (UCLA), Cato Papers on Public Policy, edited by Jeffrey Miron, Volume 1, 2011.
|May 2011||Comment on "What Fiscal Policy is Effective at Zero Interest Rates?"|
in NBER Macroeconomics Annual 2010, Volume 25, Daron Acemoglu and Michael Woodford, editors
|December 2010||The General Theory of Employment, Interest, and Money After 75 Years: The Importance of Being in the Right Place at the Right Time|
with Matthew N. Luzzetti: w16631
|August 2009||What - or Who - Started the Great Depression?|
Published: Ohanian, Lee E., 2009.
"What - or who - started the great depression?,"
Journal of Economic Theory,
Elsevier, vol. 144(6), pages 2310-2335, November.
citation courtesy of
|December 2006||Long-Term Changes in Labor Supply and Taxes: Evidence from OECD Countries, 1956-2004|
with Andrea Raffo, Richard Rogerson: w12786
Published: Ohanian, Lee & Raffo, Andrea & Rogerson, Richard, 2008. "Long-term changes in labor supply and taxes: Evidence from OECD countries, 1956-2004," Journal of Monetary Economics, Elsevier, vol. 55(8), pages 1353-1362, November. citation courtesy of
|April 2006||Does Neoclassical Theory Account for the Effects of Big Fiscal Shocks? Evidence From World War II|
with Ellen R. McGrattan: w12130
Published: Ellen R. McGrattan & Lee E. Ohanian, 2010. "Does Neoclassical Theory Account For The Effects Of Big Fiscal Shocks? Evidence From World War Ii," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 51(2), pages 509-532, 05. citation courtesy of
|March 2006||Why Have Business Cycle Fluctuations Become Less Volatile?|
with Andres Arias, Gary D. Hansen: w12079
Published: Arias, Andres, Gary D. Hansen and Lee Ohanian. “Why Have Business Cycle Fluctuations Become Less Volatile?” Economic Theory 32 (July 2007): 43-58. citation courtesy of
|April 2005||Deflation and the International Great Depression: A Productivity Puzzle|
with Harold L. Cole, Ron Leung: w11237
|December 2004||Latin America in the Rearview Mirror|
with Harold L. Cole, Alvaro Riascos, James A. Schmitz, Jr.: w11008
- Harold L. Cole & Lee E. Ohanian & Alvaro Riascos & James A. Schmitz, Jr., 2006. "Latin America in the rearview mirror," Quarterly Review, Federal Reserve Bank of Minneapolis, issue Sep. citation courtesy of
- Cole, Harold L. & Ohanian, Lee E. & Riascos, Alvaro & Schmitz, James Jr, 2005. "Latin America in the rearview mirror," Journal of Monetary Economics, Elsevier, vol. 52(1), pages 69-107, January. citation courtesy of
|January 2001||Re-Examining the Contributions of Money and Banking Shocks to the U.S. Great Depression|
with Harold L. Cole
in NBER Macroeconomics Annual 2000, Volume 15, Ben S. Bernanke and Kenneth Rogoff, editors
|February 1995||Dynamic Equilibrium Economies: A Framework for Comparing Models and Data|
with Francis X. Diebold, Jeremy Berkowitz: t0174
Published: Review of Economic Studies, Vol. 65 (1998): 433-452.
|November 1993||Short-Run Independence of Monetary Policy Under Pegged Exchange Rates and Effects of Money on Exchange Rates and Interest Rates|
with Alan C. Stockman: w4517
- Journal of Money, Credit and Banking, vol. 29, no. 4, part 1, pp. 783-806, November 1997. citation courtesy of
- Lee E. Ohanian & Alan C. Stockman, 1997. "Short-run independence of monetary policy under pegged exchange rates and effects of money on exchange rates and interest rates," Proceedings, Federal Reserve Bank of Cleveland, pages 783-814. citation courtesy of