Federal Reserve Bank of Minneapolis

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Series handle: repec:fip:fedmem

• 145 Learning your earning: are labor income shocks really very persistent?
  by Fatih Guvenen [Downloadable!]
• 144 Ben-Porath meets skill-biased technical change: a theoretical analysis of rising inequality
  by Fatih Guvenen & Burhanettin Kuruscu [Downloadable!]

• 143 Optimal welfare-to-work programs
  by Nicola Pavoni & Giovanni L. Violante [Downloadable!]

• 142 Search, money, and inflation under private information
  by Huberto M. Ennis [Downloadable!]
• 140 Dynamic optimal taxation with private information
  by Stefania Albanesi & Christopher Sleet [Downloadable!]

• 141 Urban structure and growth
  by Esteban Rossi-Hansberg & Mark L. J. Wright [Downloadable!]

• 139 Capital accumulation in a model of growth and creative destruction
  by Klaus Walde [Downloadable!]
• 137 The social discount rate
  by Andrew Caplin & John Leahy [Downloadable!]

• 138 Does the progressivity of taxes matter for economic growth?
  by Elizabeth M. Caucutt & Selahattin Imrohoroglu & Krishna B. Kumar [Downloadable!]
• 136 Time inconsistent preferences and Social Security
  by Ayse Imrohoroglu & Selahattin Imrohoroglu & Douglas H. Joines [Downloadable!]
• 135 Knowledge exchange, matching, and agglomeration
  by Marcus Berliant & Robert R. Reed, III & Ping Wang [Downloadable!]
• 134 Bad politicians
  by Francesco Caselli & Massimo Morelli [Downloadable!]

• 133 Political economy of taxation in an overlapping-generations economy
  by Marco Bassetto [Downloadable!]
• 132 Efficient investment in children
  by S. Rao Aiyagari & Jeremy Greenwood & Ananth Seshadri [Downloadable!]
• 131 Keynesian conundrum: multiplicity and time consistent stabilization
  by Bill Dupor [Downloadable!]
• 130 Chain of production as a monetary propagation mechanism
  by Kevin X. D. Huang & Zheng Liu [Downloadable!]
• 129 Entrepreneurial moral hazard and bank monitoring: a model of the credit channel
  by Rafael Repullo & Javier Suarez [Downloadable!]
• 128 Private money and reserve management in a random-matching model
  by Ricardo de O. Cavalcanti & Andres Erosa & Ted Temzelides [Downloadable!]

• 127 Staggered contracts and business cycle persistence
  by Kevin X. D. Huang & Zheng Liu [Downloadable!]
• 126 Microfoundations and macro implications of indivisible labor
  by Casey B. Mulligan [Downloadable!]

• 125 The demand for money by firms: some additional empirical results
  by Casey B. Mulligan [Downloadable!]
• 124 A Markov switching model of GNP growth with duration dependence
  by Pok-san Lam [Downloadable!]
• 123 The optimal inflation tax
  by Isabel Correia & Pedro Teles [Downloadable!]
• 122 Electronic money: the end of inflation?
  by Ramon Marimon & Juan Pablo Nicolini & Pedro Teles [Downloadable!]
• 121 The syndrome of exchange-rate-based stabilizations and the uncertain duration of currency pegs
  by Enrique G. Mendoza & Martin Uribe [Downloadable!]
• 120 Rational herd behavior and the globalization of securities markets
  by Guillermo A. Calvo & Enrique G. Mendoza [Downloadable!]
• 119 International portfolio diversification and labor/leisure choice
  by Urban J. Jermann [Downloadable!]
• 118 Monetary policy regimes and beliefs
  by David Andolfatto & Paul Gomme [Downloadable!]
• 117 Relationship between labor-income risk and average return: empirical evidence from the Japanese stock market
  by Ravi Jagannathan & Keiichi Kubota & Hitoshi Takehara [Downloadable!]
• 116 Entrepreneurship, saving and social mobility
  by Vincenzo Quadrini [Downloadable!]
• 115 Plant level irreversible investment and equilibrium business cycles
  by Marcelo Veracierto [Downloadable!]

• 114 The role of trade in technology diffusion
  by Andres Rodriguez-Clare [Downloadable!]
• 113 Fluctuating risk in an aggregated Ss-model
  by John Hassler [Downloadable!]
• 112 Aggregate employment fluctuations with microeconomic asymmetries
  by Jeffrey R. Campbell & Jonas D.M. Fisher [Downloadable!]
• 111 Limited-dependent rational expectations models with jumps
  by M. Hashem Pesaran & Francisco J. Ruge-Murcia [Downloadable!]
• 110 On convergence in endogenous growth models
  by Salvador Ortigueira & Manuel Santos [Downloadable!]
• 109 A note on dynamic programming with homogeneous functions
  by Nancy L. Stokey [Downloadable!]
• 108 NAFTA and Mexican development
  by Nancy L. Stokey [Downloadable!]

• 107 Accuracy estimates for a numerical approach to stochastic growth models
  by Manuel S. Santos & Jesus Vigo [Downloadable!]
• 106 Understanding why high income households save more than low income households
  by Mark Huggett & Gustavo Ventura [Downloadable!]
• 105 The one-sector growth model with idiosyncratic shocks
  by Mark Huggett [Downloadable!]
• 104 (S,s) inventory policies in general equilibrium
  by Jonas D.M. Fisher & Andreas Hornstein [Downloadable!]
• 103 Measuring the cyclical behavior of home production: a macroeconomic analysis
  by Beth F. Ingram & Narayana R. Kocherlakota & N.E. Savin [Downloadable!]
• 102 The equity premium: it's still a puzzle
  by Narayana R. Kocherlakota [Downloadable!]
• 101 A toolkit for analyzing nonlinear dynamic stochastic models easily
  by Harald Uhlig [Downloadable!]
• 100 On the dynamic selection of mechanisms for provisions of public projects
  by Roger Lagunoff [Downloadable!]
• 99 Time-varying risk and international portfolio diversification with contagious bear markets
  by Giorgio De Santis & Bruno Gerard [Downloadable!]
• 98 Fiscal policy, productivity shocks, and the U.S. trade balance deficit
  by Robert Kollmann [Downloadable!]
• 97 On the economics of fiscal populism in an open economy
  by Jess Benhabib & Andres Velasco [Downloadable!]

• 96 Stochastic volatility and the distribution of exchange rate news
  by Ronald Mahieu & Peter Schotman [Downloadable!]
• 95 The replacement problem
  by Thomas F. Cooley & Jeremy Greenwood & Mehmet Yorukoglu [Downloadable!]
• 94 Fiscal spending shocks, endogenous government spending, and real business cycles
  by Steve Ambler & Alain Paquet [Downloadable!]
• 93 Stock returns and volatility in emerging financial markets
  by Giorgio De Santis & Selahattin Imrohoroglu [Downloadable!]
• 92 The effect of tax-favored retirement accounts on capital accumulation and welfare
  by Ayse Imrohoroglu & Selahattin Imrohoroglu & Douglas H. Joines [Downloadable!]
• 91 Solving nonlinear rational expectations models by parameterized expectations: convergence to stationary solutions
  by Albert Marcet & David A. Marshall [Downloadable!]
• 90 Equilibrium selections
  by Beth Allen & Jayasri Dutta & Haraklis M. Polemarchakis [Downloadable!]
• 89 The real business cycle: intermediate inputs and sectoral comovement
  by Andreas Hornstein & Jack Praschnik [Downloadable!]
• 88 The cyclical behavior of job creation and job destruction: a sectoral model
  by Jeremy Greenwood & Glenn M. MacDonald & Guang-Jia Zhang [Downloadable!]

• 87 On intertemporal general-equilibrium reallocation effects of Europe's move to a single market
  by Jean Mercenier & Bernardin Akitoby [Downloadable!]
• 86 New evidence on altruism: a study of TIAA-CREF retirees
  by John Laitner & F. Thomas Juster [Downloadable!]
• 85 Endogenous expenditures on public schools and persistent growth
  by Gerhard Glomm & B. Ravikumar [Downloadable!]
• 84 A time series model with periodic stochastic regime switching
  by Eric Ghysels [Downloadable!]
• 83 Start-up costs and pecuniary externalities as barriers to economic development
  by Antonio Ciccone & Kiminori Matsuyama [Downloadable!]
• 82 Custom versus fashion: path-dependence and limit cycles in a random matching game
  by Kiminori Matsuyama [Downloadable!]
• 81 Modelling complementarity in monopolistic competition
  by Kiminori Matsuyama [Downloadable!]
• 80 A business cycle model with nominal wage contracts and government
  by Jang-Ok Cho & Louis Phaneuf [Downloadable!]
• 79 Cyclical factor utilization
  by Mark Bils & Jang-Ok Cho [Downloadable!]

• 78 The efficiency and welfare effects of tax reform: are fewer tax brackets better than more?
  by David Altig & Charles T. Carlstrom [Downloadable!]
• 77 A dynamic index model for large cross sections
  by Danny Quah & Thomas J. Sargent [Downloadable!]
• 76 Macroeconomic implications of investment-specific technological change
  by Jeremy Greenwood & Zvi Hercowitz & Per Krusell [Downloadable!]
• 75 Empirical cross-section dynamics in economic growth
  by Danny Quah [Downloadable!]
• 74 Communication, commitment, and growth
  by Albert Marcet & Ramon Marimon [Downloadable!]
• 73 Expectationally-driven market volatility: an experimental study
  by Ramon Marimon & Stephen E. Spear & Shyam Sunder [Downloadable!]
• 72 Federal fiscal constitutions part 1: risk sharing and moral hazard
  by Torsten Persson & Guido Tabellini [Downloadable!]
• 71 On the cyclical allocation of risk
  by Paul Gomme & Jeremy Greenwood [Downloadable!]
• 70 Liquidity effects, monetary policy, and the business cycle
  by Lawrence J. Christiano & Martin Eichenbaum [Downloadable!]
• 69 Alternative specifications for consumption and the estimation of the intertemporal elasticity of substitution
  by Paul Beaudry & Eric van Wincoop [Downloadable!]
• 68 Liquidity and real activity in three monetary models
  by Don E. Schlagenhauf & Jeffrey M. Wrase [Downloadable!]
• 67 A monetary, open-economy model with capital mobility
  by Don E. Schlagenhauf & Jeffry M. Wrase [Downloadable!]
• 66 Solving nonlinear dynamic models on parallel computers
  by Wilbur John Coleman II [Downloadable!]
• 65 Dynamics of the trade balance and the terms of trade: the J-curve revisited
  by David Backus & Patrick Kehoe & Finn Kydland [Downloadable!]
• 64 Priors for macroeconomic time series and their application
  by John Geweke [Downloadable!]
• 63 The Swedish business cycle: stylized facts over 130 years
  by John Hassler & Petter Lundvik & Torsten Persson & Paul Soderlind [Downloadable!]
• 62 Politics and economic policy
  by Torsten Persson [Downloadable!]
• 61 Risk-taking, global diversification, and growth
  by Maurice Obstfeld [Downloadable!]
• 60 The equity premium and the allocation of income risk
  by Jean-Pierre Danthine & John B. Donaldson & Rajnish Mehra [Downloadable!]
• 59 Business cycles and the asset structure of foreign trade
  by Marianne Baxter & Mario J. Crucini [Downloadable!]
• 58 Computing Markov perfect Nash equilibria: numerical implications of a dynamic differentiated product model
  by Ariel Pakes & Paul McGuire [Downloadable!]
• 57 Liquidity and real activity in a simple open economy model
  by Don E. Schlagenhauf & Jeffrey M. Wrase [Downloadable!]
• 36 Recursive methods for computing equilibria of business cycle models
  by Gary D. Hansen & Edward C. Prescott [Downloadable!]

• 56 Fiscal policy, specialization, and trade in the two-sector model: the return of Ricardo?
  by Marianne Baxter [Downloadable!]
• 55 Money and growth revisited
  by Paul Gomme [Downloadable!]
• 54 Individual heterogeneity and interindustry wage differentials
  by Michael P. Keane [Downloadable!]
• 53 Productive externalities and business cycles
  by Marianne Baxter & Robert G. King [Downloadable!]
• 52 Comparing predictive accuracy I: an asymptotic test
  by Francis X. Diebold & Roberto S. Mariano [Downloadable!]
• 51 The employment and wage effects of oil price shocks: a sectoral analysis
  by Michael P. Keane & Eswar S. Prasad [Downloadable!]
• 50 Energy price shocks, capacity utilization and business cycle fluctuations
  by Mary G. Finn [Downloadable!]
• 49 Minimum weighted residual methods for solving aggregate growth models
  by Kenneth L. Judd [Downloadable!]
• 48 Risk-sharing, altruism, and the factor structure of consumption
  by Fumio Hayashi & Joseph Altonji & Laurence Kotlikoff [Downloadable!]
• 46 The permanent income hypothesis when the bliss point is stochastic
  by James M. Nason [Downloadable!]
• 45 Seasonality and equilibrium business cycle theories
  by R. Anton Braun & Charles L. Evans [Downloadable!]
• 44 When unit roots matter: excess volatility and excess smoothness of long term interest rates
  by Peter Schotman [Downloadable!]
• 43 On Bayesian routes to unit roots
  by Peter C. Schotman & Herman K. van Dijk [Downloadable!]
• 42 Price deflation and real tariff rates: the United States, 1903 to 1940
  by Mario J. Crucini [Downloadable!]
• 41 The relation between skill levels and the cyclical variability of employment, hours and wages
  by Michael P. Keane & Eswar S. Prasad [Downloadable!]
• 40 Seigniorage and the welfare cost of inflation: evidence from an intertemporal model of money and consumption
  by Zvi Eckstein & Leonardo Leiderman [Downloadable!]
• 39 Employment and business cycle asymmetries: a data based study
  by Gerard A. Pfann [Downloadable!]
• 38 Tax distortions in a neoclassical monetary economy
  by Thomas F. Cooley & Gary D. Hansen [Downloadable!]
• 37 The macroeconomic effects of distortionary taxation
  by Ellen R. McGrattan [Downloadable!]

• 47 Human capital, aggregate shocks, and panel data estimation
  by Sumru Altug & Robert A. Miller [Downloadable!]
• 35 Rational expectations modeling with seasonally adjusted data
  by Christopher A. Sims [Downloadable!]
• 34 On maximum-likelihood estimation of the differencing parameter of fractionally integrated noise with unknown mean
  by Yin-Wong Cheung & Francis X. Diebold [Downloadable!]
• 33 Have postwar economic fluctuations been stabilized?
  by Francis X. Diebold & Glenn D. Rudebusch [Downloadable!]
• 32 Real exchange rates under the gold standard
  by Francis X. Diebold & Steven Husted & Mark Rush [Downloadable!]
• 31 International evidence on business cycle duration dependence
  by Francis X. Diebold & Glenn D. Rudebusch & Daniel E. Sichel [Downloadable!]
• 30 Ex-day behavior of Japanese stock prices: new insights from new methodology
  by Fumio Hayashi & Ravi Jagannathan [Downloadable!]
• 29 Implications of security market data for models of dynamic economies
  by Lars Peter Hansen & Ravi Jagannathan [Downloadable!]
• 28 Sectoral shift theories of unemployment: evidence from panel data
  by Michael P. Keane [Downloadable!]
• 27 Nominal contracting theories of unemployment: evidence from panel data
  by Michael P. Keane [Downloadable!]
• 26 The allocation of goods and time over the business cycle
  by Jeremy Greenwood & Zvi Hercowitz [Downloadable!]
• 25 The output, employment, and interest rate effects of government consumption
  by S. Rao Aiyagari & Lawrence J. Christiano & Martin Eichenbaum [Downloadable!]
• 24 Current real business cycle theories and aggregate labor market fluctuations
  by Lawrence J. Christiano & Martin Eichenbaum [Downloadable!]

• 23 The role of money in a business cycle model
  by Finn E. Kydland [Downloadable!]
• 22 Modeling trends
  by Christopher A. Sims [Downloadable!]
• 21 Comparisons of alternative identification schemes for the U.S. real GNP- unemployment level correlation: sensitivity analysis
  by Masanao Aoki [Downloadable!]
• 20 Structural changes in the real GNP interdependence of the U.S., West Germany, and Japan during the period 1970-1986
  by Masanao Aoki [Downloadable!]
• 19 Instrumental variable estimators for state space models
  by Masanao Aoki [Downloadable!]
• 18 Unit roots in real GNP: do we know, and do we care?
  by Lawrence J. Christiano & Martin Eichenbaum [Downloadable!]
• 17 Hours and employment variation in business cycle theory
  by Finn E. Kydland & Edward C. Prescott [Downloadable!]
• 16 A computationally practical simulation estimator for panel data, with applications to labor supply and real wage movement over the business cycle
  by Michael P. Keane [Downloadable!]
• 15 Solving nonlinear stochastic optimization and equilibrium problems backwards
  by Christopher A. Sims [Downloadable!]
• 14 A nine variable probabilistic macroeconomic forecasting model
  by Christopher A. Sims [Downloadable!]
• 13 The relationship of firm growth and Q with multiple capital goods: theory and evidence from panel data on Japanese firms
  by Fumio Hayashi & Tohru Inoue [Downloadable!]
• 12 Stochastic inflation and the equity premium
  by Pamela Labadie [Downloadable!]
• 11 Models and their uses
  by Christopher A. Sims [Downloadable!]
• 10 The magnitude of the speculative motive for holding inventories in a real business cycle model
  by Lawrence J. Christiano & Terry J. Fitzgerald [Downloadable!]
• 9 Solving a particular growth model by linear quadratic approximation and by value function iteration
  by Lawrence J. Christiano [Downloadable!]
• 8 A systems approach to recursive economic forecasting and seasonal adjustment
  by Peter Young & Cho Ng & Peter Armitage [Downloadable!]
• 7 Recursive estimation and modelling of nonstationary and nonlinear time series
  by Peter C. Young & David E. Runkle [Downloadable!]
• 6 Behavior of male workers at the end of the life-cycle: an empirical analysis of states and controls
  by John Rust [Downloadable!]

• 5 The effects of stochastic inflation on asset prices
  by Pamela A. Labadie [Downloadable!]
• 4 Understanding unit rooters: a helicopter tour
  by Christopher A. Sims & Harald Uhlig [Downloadable!]
• 3 Bayesian skepticism on unit root econometrics
  by Christopher A. Sims [Downloadable!]
• 2 Reasonable extreme bounds analysis
  by Clive W. J. Granger & Harald F. Uhlig [Downloadable!]
• 1 Aggregation of time series variables-a survey
  by Clive W. J. Granger [Downloadable!]

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This page was last updated on 2009-10-24.