Report NEP-DGE-2004-08-02

This is the archive for NEP-DGE, a report on new working papers in the area of Dynamic General Equilibrium. Christian Zimmermann issued this report. It is usually issued weekly.

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Other reports in NEP-DGE

The following items were announced in this report:

• Giulio Fella, 2004. "Optimal severance pay in a matching model," 2004 Meeting Papers 794, Society for Economic Dynamics.
• Josep Pijoan-Mas, 2004. "Precautionary Savings or Working Longer Hours?," 2004 Meeting Papers 350, Society for Economic Dynamics.
• Matthew S. Chambers & Don E. Schlagenhauf, 2004. "Husbands Might Really Be That Cheap," 2004 Meeting Papers 146, Society for Economic Dynamics.
• Luis A. Puch & Franck Portier, 2004. "The Welfare Cost of Business Cycles in an Economy with Nonclearing Markets," 2004 Meeting Papers 570, Society for Economic Dynamics.
• J. Ignacio Garcia-Perez & Silvio Rendon, 2004. "Family job search and consumption: the added worker effect revisited," 2004 Meeting Papers 518, Society for Economic Dynamics.
• Stephen Williamson, 2004. "Search, Limited Participation, and Monetary Policy," 2004 Meeting Papers 214, Society for Economic Dynamics.
• Edward Prescott & Ellen McGrattan, 2004. "Predictions of the Price of Capital," 2004 Meeting Papers 136, Society for Economic Dynamics.
• Marcelo Veracierto, 2004. "Firing Costs and Business Cycle Fluctuations," 2004 Meeting Papers 590, Society for Economic Dynamics.
• Filippo Occhino, 2004. "Markets Segmentation and the Hump-Shaped Response of Output to Monetary Policy Shocks," 2004 Meeting Papers 295, Society for Economic Dynamics.
• Alexander Michaelides & Francisco Gomes, 2004. "Aggregate Implications of Defined Benefit and Defined Contribution Systems," 2004 Meeting Papers 335, Society for Economic Dynamics.
• Randall P. Walsh & Murat F. Iyigun, 2004. "Building the Family Nest: A Collective Household Model with Competing Pre-Marital Investments and Spousal Matching," 2004 Meeting Papers 168, Society for Economic Dynamics.
• Vicente Tuesta & Jorge Selaive, 2004. "Net Foreing Assets and Imperfect Pass-through: The Consumption-Real Exchange Rate Anomaly," 2004 Meeting Papers 203, Society for Economic Dynamics.
• Martin Lettau & Sydney C. Ludvigson, 2004. "The Declining Equity Premium: What Role Does Macroeconomic Risk Play?," 2004 Meeting Papers 644, Society for Economic Dynamics.
• Boyan Jovanovic, 2004. "The Pre-Producers," 2004 Meeting Papers 91, Society for Economic Dynamics.
• Nezih Guner & Jeremy Greenwood, 2004. "Marriage and Divorce since World War II: Analyzing the Role of Technological Progress on the Formation of Households," 2004 Meeting Papers 65, Society for Economic Dynamics.
• Michael Rolleigh, 2004. "Plant Heterogeneity and Applied General Equilibrium Models of Trade: Lessons from the CA-US FTA," 2004 Meeting Papers 360, Society for Economic Dynamics.
• Antonio Falato, 2004. "Corporate Governance Institutions, Investment, and the Macroeconomy," 2004 Meeting Papers 131, Society for Economic Dynamics.
• Thomas Philippon, 2004. "Corporate Governance Over the Business Cycle," 2004 Meeting Papers 114, Society for Economic Dynamics.
• Morten O. Ravn & Stephanie Schmitt-Grohe, 2004. "Deep Habits," 2004 Meeting Papers 208, Society for Economic Dynamics.
• Joachim Wolff & Andrey Launov, 2004. "Unemployment Benefits and Unemployment Rates of Low-Skilled and Old Workers in West Germany: A Search Equilibrium Approach," 2004 Meeting Papers 395, Society for Economic Dynamics.
• Shinichi Nishiyama, 2004. "Analyzing an Aging Population," 2004 Meeting Papers 175, Society for Economic Dynamics.
• Mihaela Pintea, 2004. "Fiscal Policy in a Two-Sector Economy with Public Capital and Congestion," Computing in Economics and Finance 2004 55, Society for Computational Economics.
• Henry Siu & Michael B. Devereux, 2004. "State Dependent Pricing and Business Cycle Asymmetries," 2004 Meeting Papers 161, Society for Economic Dynamics.
• Fran Westermann & Romain Ranciere & Aaron Tornell, 2004. "Crises and Growth: A Re-evaluation," 2004 Meeting Papers 130, Society for Economic Dynamics.
• Winfried Koeniger & Giuseppe Bertola, 2004. "Consumption Smoothing and the Structure of Labor and Credit Markets," 2004 Meeting Papers 263, Society for Economic Dynamics.
• James Albrecht & Axel Anderson, 2004. "A Matching Model of the Housing Market: Searching for a Motivated Partner," 2004 Meeting Papers 376, Society for Economic Dynamics.
• Rui Zhao & Stephen L. Parente, 2004. "Path Dependence, Uneven Industrialization and Special Interests," 2004 Meeting Papers 273, Society for Economic Dynamics.
• Kevin Moran & Cesaire Meh, 2004. "Bank Capital, Agency Costs, and Monetary Policy," 2004 Meeting Papers 318, Society for Economic Dynamics.
• Falko Fecht & Kevin Huang, 2004. "Financial Intermediation, markets, and growth," 2004 Meeting Papers 464, Society for Economic Dynamics.
• Robert Lucas & Mike Golosov, 2004. "Menu Costs and Phillips Curves," 2004 Meeting Papers 144, Society for Economic Dynamics.
• Eric French, 2004. "The Effects of Health, Wealth and Wages on Labor Supply and Retirement Behavior," 2004 Meeting Papers 96, Society for Economic Dynamics.
• Martin Floden & David Domeij, 2004. "Population Aging and International Capital Flows," 2004 Meeting Papers 490, Society for Economic Dynamics.
• Samuel Danthine & Stephane Auray, 2004. "Staggered Bargaining and Hours Worked," 2004 Meeting Papers 301, Society for Economic Dynamics.
• Mathias Trabandt, 2004. "Sticky Information vs. Sticky Prices: A Horse Race in a DSGE Framework," 2004 Meeting Papers 543, Society for Economic Dynamics.
• Matthias Doepke & David de la Croix, 2004. "To segregate or to integrate: education politics and democracy," 2004 Meeting Papers 390, Society for Economic Dynamics.
• Tito Boeri & J. Ignacio Conde-Ruiz, 2004. "Against Labour Market Risk: Employment Protection or Unemployment Benefits?," 2004 Meeting Papers 560, Society for Economic Dynamics.
• George Alessandria & Alain Delacroix, 2004. "Trade and the (Dis) Incentive to Reform Labor Markets: The Case of Reform in the European Union," 2004 Meeting Papers 460, Society for Economic Dynamics.
• Karl Shell & James Peck, 2004. "Bank Portfolio Restrictions and Equilibrium Bank Runs," 2004 Meeting Papers 359, Society for Economic Dynamics.
• Adam Szeidl & Raj Chetty, 2004. "Consumption Commitments and Asset Prices," 2004 Meeting Papers 354, Society for Economic Dynamics.
• Donghoon Lee & Kenneth Wolpin, 2004. "Estimating a General Equilibrium Model of Intersectoral Mobility with Aggregate Shocks," 2004 Meeting Papers 110, Society for Economic Dynamics.
• Paul Segerstrom & Elias Dinopoulos, 2004. "A Theory of North-South Trade and Globalization," 2004 Meeting Papers 30, Society for Economic Dynamics.
• Francois Fontaine, 2004. "Why are similar workers paid differently? The role of social networks," 2004 Meeting Papers 493, Society for Economic Dynamics.
• Fabio Ghironi & Marc Melitz, 2004. "International Trade and Macroeconomic Dynamics with Heterogeneous Firms," 2004 Meeting Papers 451, Society for Economic Dynamics.
• Dirk Krueger & Jesus Fernandez-Villaverde, 2004. "Consumption over the Life Cycle: Some Facts from Consumer Expenditure Survey Data," 2004 Meeting Papers 173, Society for Economic Dynamics.
• Matteo Iacoviello, 2004. "Consumption, House Prices and Collateral Constraints: a Structural Econometric Analysis," 2004 Meeting Papers 201, Society for Economic Dynamics.
• John H. Cochrane & Francis Longstaff, 2004. "Two Trees: Asset Price Dynamics Induced by Market Clearing," 2004 Meeting Papers 126, Society for Economic Dynamics.
• Gianluca Violante & Andreas Hornstein & Per Krusell, 2004. "A Quantitative Study of the Replacement Problem in Frictional Economies," 2004 Meeting Papers 64, Society for Economic Dynamics.
• Ted Temzelides, 2004. "Fashion Statement," 2004 Meeting Papers 89, Society for Economic Dynamics.
• Michal Kejak & Szilard Benk & Max Gillman, 2004. "Credit Shocks in a Monetary Business Cycle," 2004 Meeting Papers 133, Society for Economic Dynamics.
• Karl Shell & Christian Ghiglino, 2004. "Optimal taxation with restrictions on the governmemnt budget deficit," 2004 Meeting Papers 434, Society for Economic Dynamics.
• Roger Lagunoff & William Jack, 2004. "Dynamic Enfranchisement," 2004 Meeting Papers 466, Society for Economic Dynamics.
• J.B. Donaldson & J.P. Danthine, 2004. "The Macroeconomics of Delegated Management," 2004 Meeting Papers 289, Society for Economic Dynamics.
• Jean-Marc Robin & Gregory Jolivet & Fabien Postel-Vinay, 2004. "Wage Distributions and Wage Dynamics in Europe and the US: Lessons from a Simple Job Search Model," 2004 Meeting Papers 23, Society for Economic Dynamics.
• Tao Zhu & Neil Wallace, 2004. "Float on a Note," 2004 Meeting Papers 342, Society for Economic Dynamics.
• Fatih Guvenen, 2004. "Learning your Earning: Are Labor Income Shocks Really That Persistent?," 2004 Meeting Papers 177, Society for Economic Dynamics.
• Luca Flabbi, 2004. "Gender Discrimination Estimation in a Search Model with Matching and Bargaining," 2004 Meeting Papers 367, Society for Economic Dynamics.
• Pierre-Olivier Weill, 2004. "Leaning against the wind," 2004 Meeting Papers 382, Society for Economic Dynamics.
• Mikhail Golosov & Larry E. Jones, 2004. "Efficiency with Endogenous Population Growth," 2004 Meeting Papers 8, Society for Economic Dynamics.
• Richard Rogerson & Diego Restuccia, 2004. "Policy Distortions and Aggregate Productivity with Heterogeneous Plants," 2004 Meeting Papers 69, Society for Economic Dynamics.
• Sergio Rebelo & Ariel Burstein & Martin Eichenbaum, 2004. "Large Devaluations and the Real Exchange Rate," 2004 Meeting Papers 137, Society for Economic Dynamics.
• Franck Portier & Paul Beaudry, 2004. "When Can Changes in Expectations Cause Business Cycle Fluctuations?," 2004 Meeting Papers 865, Society for Economic Dynamics.
• Karlis Smits & Allen Head, 2004. "Capital Flows, Incomplete Markets, and the U.S. European Unemployment Gap," 2004 Meeting Papers 595, Society for Economic Dynamics.
• Garance Genicot & Gary Charness, 2004. "An Experimental Test of Risk-Sharing Arrangements," 2004 Meeting Papers 807, Society for Economic Dynamics.
• Gadi Barlevy, 2004. "Estimating Models of On-the-Job Search Using Record Statistics," 2004 Meeting Papers 9, Society for Economic Dynamics.
• Ulrich Doraszelski & Mark Satterthwaite, 2004. "Foundations of Markov-Perfect Industry Dynamics: Existence, Purification, and Multiplicity," 2004 Meeting Papers 189, Society for Economic Dynamics.
• Iourii Manovskii & Gueorgui Kambourov, 2004. "Occupational Specificity of Human Capital," 2004 Meeting Papers 197, Society for Economic Dynamics.
• Guillaume Vandenbroucke, 2004. "The American Frontier: A Hundred Years of Western Settlement," 2004 Meeting Papers 163, Society for Economic Dynamics.
• Ettore Damiano & Hao Li, 2004. "Unraveling of Dynamic Sorting," 2004 Meeting Papers 174, Society for Economic Dynamics.
• Sergey Tsyplakov & Sheridan Titman, 2004. "A Dynamic Model of Optimal Capital Structure," 2004 Meeting Papers 549, Society for Economic Dynamics.
• A. Pavan & G.M. Angeletos & C. Hellwig, 2004. "On the Dynamics of Information, Coordination and Regime Change," 2004 Meeting Papers 270, Society for Economic Dynamics.
• Ana Fernandes, 2004. "What Does the Walrasian Auctioneer Know? Technology Adoption and Financial Innovation," 2004 Meeting Papers 526, Society for Economic Dynamics.
• Amir Yaron & Leonid Kogan & Dmitry Livdan, 2004. "Futures Prices in a Production Economy with Investment Constraints," 2004 Meeting Papers 128, Society for Economic Dynamics.
• Todd Keister & Huberto M. Ennis, 2004. "Bank Runs and Investment Decisions Revisited," 2004 Meeting Papers 180, Society for Economic Dynamics.
• Leonid Kogan & Stephen Ross, 2004. "The Price Impact and Survival of Irrational Traders," 2004 Meeting Papers 35, Society for Economic Dynamics.
• Mark L.J. Wright & Esteban Rossi-Hansberg, 2004. "Firm Size Dynamics in the Aggregate Economy," 2004 Meeting Papers 878, Society for Economic Dynamics.
• Henning Bohn, 2004. "Intergenerational Risk Sharing and Fiscal Policy," 2004 Meeting Papers 22, Society for Economic Dynamics.
• Ana Hidalgo & Andres Erosa, 2004. "On Capital Market Imperfections as an Origin of Low TFP and Economic Rents," 2004 Meeting Papers 16, Society for Economic Dynamics.