Mikhail Golosov

Department of Economics
University of Chicago
1126 E. 59th Street
Chicago, IL 60637
Tel: 773/702-6405

E-Mail: EmailAddress: hidden: you can email any NBER-related person as first underscore last at nber dot org
NBER Program Affiliations: PE , EFG , POL
NBER Affiliation: Research Associate

NBER Working Papers and Publications

February 2016Recursive Contracts and Endogenously Incomplete Markets
with Aleh Tsyvinski, Nicolas Werquin: w22012
January 2016Political Economy of Sovereign Debt: A Theory of Cycles of Populism and Austerity
with Alessandro Dovis, Ali Shourideh: w21948
November 2015Agency Business Cycles
with Guido Menzio: w21743
July 2015The Economy of People’s Republic of China from 1953
with Anton Cheremukhin, Sergei Guriev, Aleh Tsyvinski: w21397
December 2014A Variational Approach to the Analysis of Tax Systems
with Aleh Tsyvinski, Nicolas Werquin: w20780
October 2014Social Insurance, Information Revelation, and Lack of Commitment
with Luigi Iovino: w20633
September 2013Taxes, Debts, and Redistributions with Aggregate Shocks
with Anmol Bhandari, David Evans, Thomas J. Sargent: w19470
Was Stalin Necessary for Russia's Economic Development?
with Anton Cheremukhin, Sergei Guriev, Aleh Tsyvinski: w19425
June 2012Taxation and Redistribution of Residual Income Inequality
with Pricila Maziero, Guido Menzio: w18151

Published: Mikhail Golosov & Pricila Maziero & Guido Menzio, 2013. "Taxation and Redistribution of Residual Income Inequality," Journal of Political Economy, University of Chicago Press, vol. 121(6), pages 1160 - 1204. citation courtesy of

December 2011Optimal Dynamic Taxes
with Maxim Troshkin, Aleh Tsyvinski: w17642

Published: "Optimal Taxation: Merging Micro and Macro Approaches" (with M. Troshkin and A. Tsyvinski), Journal of Money, Credit and Banking, Supplement to 43 (5), (2011): 147-174

August 2011Optimal Taxes on Fossil Fuel in General Equilibrium
with John Hassler, Per Krusell, Aleh Tsyvinski: w17348

Published: Mikhail Golosov & John Hassler & Per Krusell & Aleh Tsyvinski, 2014. "Optimal Taxes on Fossil Fuel in General Equilibrium," Econometrica, Econometric Society, vol. 82(1), pages 41-88, 01. citation courtesy of

May 2011Comment on "In Search of Real Rigidities"
in NBER Macroeconomics Annual 2010, Volume 25, Daron Acemoglu and Michael Woodford, editors
January 2011A Dynamic Theory of Resource Wars
with Daron Acemoglu, Aleh Tsyvinski, Pierre Yared: w16682

Published: Daron Acemoglu & Mikhail Golosov & Aleh Tsyvinski & Pierre Yared, 2012. "A Dynamic Theory of Resource Wars," The Quarterly Journal of Economics, Oxford University Press, vol. 127(1), pages 283-331. citation courtesy of

December 2010Preference Heterogeneity and Optimal Capital Income Taxation
with Maxim Troshkin, Aleh Tsyvinski, Matthew Weinzierl: w16619

Published: Golosov, Mikhail & Troshkin, Maxim & Tsyvinski, Aleh & Weinzierl, Matthew, 2013. "Preference heterogeneity and optimal capital income taxation," Journal of Public Economics, Elsevier, vol. 97(C), pages 160-175. citation courtesy of

March 2010New Dynamic Public Finance
with Aleh Tsyvinski NBER Reporter 2010 number 1
November 2009Decentralized Trading with Private Information
with Guido Lorenzoni, Aleh Tsyvinski: w15513

Published: Mikhail Golosov & Guido Lorenzoni & Aleh Tsyvinski, 2014. "Decentralized Trading With Private Information," Econometrica, Econometric Society, vol. 82(3), pages 1055-1091, 05. citation courtesy of

October 2009Power Fluctuations and Political Economy
with Daron Acemoglu, Aleh Tsyvinski: w15400

Published: Acemoglu, Daron & Golosov, Mikhail & Tsyvinski, Aleh, 2011. "Power fluctuations and political economy," Journal of Economic Theory, Elsevier, vol. 146(3), pages 1009-1041, May. citation courtesy of

August 2009Political Economy of Ramsey Taxation
with Daron Acemoglu, Aleh Tsyvinski: w15302


May 2007New Dynamic Public Finance: A User's Guide
with Aleh Tsyvinski, Ivan Werning
in NBER Macroeconomics Annual 2006, Volume 21, Daron Acemoglu, Kenneth Rogoff and Michael Woodford, editors
March 2007A Theory of Liquidity and Regulation of Financial Intermediation
with Emmanuel Farhi, Aleh Tsyvinski: w12959

Published: Emmanuel Farhi & Mikhail Golosov & Aleh Tsyvinski, 2009. "A Theory of Liquidity and Regulation of Financial Intermediation," Review of Economic Studies, Blackwell Publishing, vol. 76(3), pages 973-992, 07. citation courtesy of

May 2006Markets Versus Governments: Political Economy of Mechanisms
with Daron Acemoglu, Aleh Tsyvinski: w12224

Published: Acemoglu, Daron, Mike Golosov, and Oleg Tsyvinski. "Markets Versus Governments." Journal of Monetary Economics 55 (January 2008): 159-189.

March 2005Optimal Taxation with Endogenous Insurance Markets
with Aleh Tsyvinski: w11185

Published: Mikhail Golosov, 2007. "Optimal Taxation With Endogenous Insurance Markets," The Quarterly Journal of Economics, MIT Press, vol. 122(2), pages 487-534, 05. citation courtesy of

September 2004Designing Optimal Disability Insurance: A Case for Asset Testing
with Aleh Tsyvinski: w10792

Published: Golosov, Mikhail and Aleh Tsyvinski. "Designing Optimal Disability Insurance: A Case For Asset Testing," Journal of Political Economy, 2006, v114(2,Apr), 257-279. citation courtesy of

January 2004Efficiency with Endogenous Population Growth
with Larry E. Jones, Michele Tertilt: w10231

Published: Mikhail Golosov & Larry E. Jones & Michèle Tertilt, 2007. "Efficiency with Endogenous Population Growth," Econometrica, Econometric Society, vol. 75(4), pages 1039-1071, 07. citation courtesy of

December 2003Menu Costs and Phillips Curves
with Robert E. Lucas: w10187

Published: Mikhail Golosov & Robert E. Lucas Jr., 2007. "Menu Costs and Phillips Curves," Journal of Political Economy, University of Chicago Press, vol. 115, pages 171-199. citation courtesy of

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