NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Identification in Macroeconomics

Emi Nakamura, Jón Steinsson

NBER Working Paper No. 23968
Issued in October 2017, Revised in January 2018

---- Acknowledgments ----

We thank Miguel Acosta, Juan Herreno, and Yeji Sung for excellent research assistance. We would like to thank Joshua Angrist, John Cochrane, Gregory Cox, Gauti Eggertsson, Adam Guren, Jonathon Hazell, Juan Herreno, Ethan Ilzetzki, Alisdair McKay, Edward Nelson, Serena Ng, Mikkel Plagborg-Moller, Valerie Ramey, David Romer, David Thesmar, Jonathan Vogel, Johannes Wieland, Christian Wolf, and Michael Woodford for valuable comments and discussions. We thank the National Science Foundation (grant SES-1056107) and the Alfred P. Sloan Foundation for financial support. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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