Report NEP-DGE-2018-08-27

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:

• Lie, Denny, 2018. "Observed inflation-target adjustments in an estimated DSGE model for Indonesia: Do they matter for aggregate fluctuations?," Working Papers 2018-01, University of Sydney, School of Economics.
• José R. Maria & Paulo Júlio, 2017. "The Portuguese post-2008 period: A narrative from an estimated DSGE model," Working Papers w201715, Banco de Portugal, Economics and Research Department.
• Tiago Cavalcanti & Cezar Santos & Georgi Kocharkov, 2018. "Family Planning and Development: Aggregate Effects of Contraceptive Use," 2018 Meeting Papers 332, Society for Economic Dynamics.
• Valerio Scalone, 2018. "Estimating Non-Linear DSGEs with the Approximate Bayesian Computation: an application to the Zero Lower Bound," Working papers 688, Banque de France.
• George-Marios Angeletos & Fabrice Collard & Harris Dellas, 2018. "Business Cycle Anatomy," NBER Working Papers 24875, National Bureau of Economic Research, Inc.
• Junichi Fujimoto & Ko Munakata & Koji Nakamura & Yuki Teranishi, 2018. "Optimal Policy Analysis in a New Keynesian Economy with Credit Market Search," 2018 Meeting Papers 1200, Society for Economic Dynamics.
• Diego Comin & Ana Maria Santacreu & Mark Gertler & Phuong Ngo, 2018. "Stock Price Fluctuations and Productivity Growth," 2018 Meeting Papers 1147, Society for Economic Dynamics.
• Mariacristina De Nardi & Giulio Fella & Gonzalo Paz Pardo, 2018. "Nonlinear household earnings dynamics, self-insurance, and welfare," 2018 Meeting Papers 156, Society for Economic Dynamics.
• Jesus Fernandez-Villaverde & Federico Mandelman & Francesco Zanetti & Yang Yu, 2018. "Search Complementarities, Aggregate Fluctuations and Fiscal Policy," 2018 Meeting Papers 386, Society for Economic Dynamics.
• Luca David Opromolla & Lorenzo Caliendo, 2017. "Goods and Factor Market Integration: A Quantitative Assessment of the EU Enlargement," Working Papers w201717, Banco de Portugal, Economics and Research Department.
• Herve Zeida, 2018. "The Tax Cuts and Jobs Act (TCJA) : A Quantitative Evaluation," 2018 Meeting Papers 1131, Society for Economic Dynamics.
• Nicoletta Batini & Giovanni Melina & Stefania Villa, 2018. "Fiscal buffers, private debt and recession: the good, the bad and the ugly," Temi di discussione (Economic working papers) 1186, Bank of Italy, Economic Research and International Relations Area.
• Murat Celik & Xu Tian, 2018. "Corporate Governance, Managerial Compensation, and Disruptive Innovations," 2018 Meeting Papers 590, Society for Economic Dynamics.
• Thibaut Lamadon & Costas Meghir & Jean Marc Robin & Jeremy Lise, 2018. "Matching, Sorting, and Wages," 2018 Meeting Papers 568, Society for Economic Dynamics.
• Luigi Bocola & Guido Lorenzoni, 2018. "Risk Sharing and Financial Amplification," 2018 Meeting Papers 983, Society for Economic Dynamics.
• Runjie Geng, 2018. "Recursive equilibria in dynamic economies withbounded rationality," 2018 Meeting Papers 137, Society for Economic Dynamics.
• Juan Carlos Conesa & Akshar Saxena & Daniela Costa & Gajendran Raveendranathan & Parisa Kamali & Timothy Kehoe, 2018. "Aging and the Macroeconomy," 2018 Meeting Papers 930, Society for Economic Dynamics.
• Kei-Mu Yi & Eunhee Lee, 2018. "Global Value Chains and Inequality with Endogenous Labor Supply," 2018 Meeting Papers 255, Society for Economic Dynamics.
• Marcin Bielecki & Marcin Kolasa & Michał Brzoza-Brzezina, 2018. "Demographics, monetary policy and the zero lower bound," 2018 Meeting Papers 810, Society for Economic Dynamics.
• Nuno Paixao, 2018. "Housing Prices and Consumer Spending: The Bank Balance Sheet Channel," 2018 Meeting Papers 1017, Society for Economic Dynamics.
• Mariana García-Schmidt & Javier Garcia-Cicco, 2018. "Revisiting the Exchange Rate Pass Through: A General Equilibrium Perspective," Working Papers Central Bank of Chile 826, Central Bank of Chile.
• Carlo Pizzinelli & Konstantinos Theodoridis & Francesco Zanetti, 2018. "State Dependence in Labor Market Fluctuations: Evidence, Theory, and Policy Implications," Discussion Papers 1822, Centre for Macroeconomics (CFM).
• Alessandro Gavazza & Andrea Lanteri, 2018. "Credit Shocks and Equilibrium Dynamics in Consumer Durable Goods Markets," 2018 Meeting Papers 384, Society for Economic Dynamics.
• David Kohn & Fernando Leibovici & Michal Szkup, 2018. "Financial Frictions, Trade, and Misallocation," 2018 Meeting Papers 385, Society for Economic Dynamics.
• Finn Kydland & Nicholas Pretnar, 2018. "The Costs and Benefits of Caring: Aggregate Burdens of an Aging Population," 2018 Meeting Papers 271, Society for Economic Dynamics.
• J. Carter Braxton & Gordon Phillips & Kyle Herkenhoff, 2018. "Can the Unemployed Borrow? Implications for Public Insurance," 2018 Meeting Papers 564, Society for Economic Dynamics.
• Andrii Parkhomenko, 2018. "The Rise of Housing Supply Regulation in the US: Local Causes and Aggregate Implications," 2018 Meeting Papers 275, Society for Economic Dynamics.
• Fatih Karahan & Jae Song & Serdar Ozkan, 2018. "Sources of Inequality in Earnings Growth Over the Life Cycle," 2018 Meeting Papers 313, Society for Economic Dynamics.
• soyoung Lee, 2018. "The Role of Firm Heterogeneity in the Earnings Inequality," 2018 Meeting Papers 1155, Society for Economic Dynamics.
• Fatih Guvenen & Fatih Karahan & Serdar Ozkan, 2018. "Consumption and Savings Under Non-Gaussian Income Risk," 2018 Meeting Papers 314, Society for Economic Dynamics.
• Alexei Tchistyi, 2018. "An Equilibrium Model of Housing and Mortgage Markets with State-Contingent Lending Contracts," 2018 Meeting Papers 244, Society for Economic Dynamics.
• Yum, Minchul, 2018. "On the distribution of wealth and employment," Working Papers 18-03, University of Mannheim, Department of Economics.
• Youngmin Park, 2018. "Inequality in Parental Transfers, Borrowing Constraints, and Optimal Higher Education Subsidies," 2018 Meeting Papers 623, Society for Economic Dynamics.
• Sushant Acharya & Julien Bengui & Keshav Dogra & Shu Lin Wee, 2018. "Escaping Unemployment Traps," 2018 Meeting Papers 543, Society for Economic Dynamics.
• Emilien Gouin-Bonenfant, 2018. "Productivity Dispersion, Between-firm Competition and the Labor Share," 2018 Meeting Papers 1171, Society for Economic Dynamics.
• Michael Woodford, 2018. "Monetary Policy Analysis when Planning Horizons are Finite," NBER Working Papers 24692, National Bureau of Economic Research, Inc.
• Lutz Hendricks & Oksana Leukhina & Tatyana Koreshkova, 2018. "Sorting of Students into Colleges: Inefficiencies and Policy Implications," 2018 Meeting Papers 1106, Society for Economic Dynamics.
• Sebastian Fanelli & Ludwig Straub, 2018. "A Theory of Foreign Exchange Interventions," 2018 Meeting Papers 1270, Society for Economic Dynamics.
• Patrick J. Kehoe & Virgiliu Midrigan & Elena Pastorino, 2018. "Evolution of Modern Business Cycle Models: Accounting for the Great Recession," NBER Working Papers 24741, National Bureau of Economic Research, Inc.
• Manuel Amador & Christopher Phelan, 2018. "Reputation and Sovereign Default," NBER Working Papers 24682, National Bureau of Economic Research, Inc.
• Toshihiko Mukoyama, 2018. "Heterogeneous Jobs and the Aggregate Labor Market," Working Papers gueconwpa~18-18-01, Georgetown University, Department of Economics.
• Florian Exler & Igor Livshits & James MacGee & Michele Tertilt, 2018. "Regulating Consumer Credit with Over-Optimistic Borrowers," 2018 Meeting Papers 1064, Society for Economic Dynamics.
• Sara Aghakazemjourabbaf & Margaret Insley, 2018. "Optimal timing of harzardous waste clean-up under an environmental bond an a strict liability rule," Working Papers 1803, University of Waterloo, Department of Economics, revised 06 Jan 2018.
• Saroj Bhattarai & Konstantin Kucheryavyy, 2018. "A Unified Model of International Business Cycles and Trade," 2018 Meeting Papers 1259, Society for Economic Dynamics.
• Ying Feng & David Lagakos & James Rauch, 2018. "Unemployment and Development," 2018 Meeting Papers 289, Society for Economic Dynamics.
• Toshihiko Mukoyama & Sophie Osotimehin, 2018. "Barriers to Reallocation and Economic Growth: the Effects of Firing Costs," Working Papers gueconwpa~18-18-02, Georgetown University, Department of Economics.
• Edouard Schaal & Mathieu Taschereau-Dumouchel, 2018. "Herding, Technology Adoption and Boom-Bust Cycles," 2018 Meeting Papers 111, Society for Economic Dynamics.
• Tyrowicz, Joanna & Makarski, Krzysztof & Bielecki, Marcin, 2018. "Inequality in an OLG Economy with Heterogeneous Cohorts and Pension Systems," IZA Discussion Papers 11621, Institute of Labor Economics (IZA).
• Hyeongwoo Kim & Shuwei Zhang, 2018. "Understanding Why Fiscal Stimulus Can Fail through the Lens of the Survey of Professional Forecasters," Auburn Economics Working Paper Series auwp2018-04, Department of Economics, Auburn University.
• Grey Gordon & Pablo Guerron-Quintana, 2018. "On Regional Borrowing, Migration, and Default," 2018 Meeting Papers 305, Society for Economic Dynamics.
• Julian Kozlowski & Laura Veldkamp & Venky Venkateswaran, 2018. "The Tail that Keeps the Riskless Rate Low," 2018 Meeting Papers 1111, Society for Economic Dynamics.
• Greg Kaplan & Giovanni L. Violante, 2018. "Microeconomic Heterogeneity and Macroeconomic Shocks," NBER Working Papers 24734, National Bureau of Economic Research, Inc.
• Andres Fernandez & Ayse Imrohoroglu & Cesar Tamayo, 2018. "Saving Rates in Latin America: A Neoclassical Perspective," 2018 Meeting Papers 1229, Society for Economic Dynamics.
• Alexander Monge-Naranjo & Matias Tapia & Veronica Mies, 2018. "On the Assignment of Workers to Occupations and the Human Capital of Countries," 2018 Meeting Papers 1192, Society for Economic Dynamics.
• Mathias Klein & Ludger Linnemann, 2018. "Macroeconomic Effects of Government Spending: The Great Recession Was (Really) Different," Discussion Papers of DIW Berlin 1754, DIW Berlin, German Institute for Economic Research.
• Helu Jiang, 2018. "Cohabitation, Marriage, and Fertility: Divergent Patterns for Different Education Groups," 2018 Meeting Papers 1268, Society for Economic Dynamics.
• Salvador Navarro & Jin Zhou, 2018. "Human Capital and Migration: a Cautionary Tale," 2018 Meeting Papers 1224, Society for Economic Dynamics.
• Edoardo Ciscato, 2018. "Marriage, Divorce and Wage Uncertainty along the Life-cycle," Working Papers 2018-046, Human Capital and Economic Opportunity Working Group.
• Tobias Broer & Alexandre Kohlhas & Kathrin Schlafmann & Kurt Mitman, 2018. "Heterogenous Information Choice in General Equilibrium," 2018 Meeting Papers 752, Society for Economic Dynamics.
• Tiago Cavalcanti & Bruno Martins & Cezar Santos & Joseph Kaboski, 2018. "Dispersion in Financing Costs and Development," 2018 Meeting Papers 426, Society for Economic Dynamics.
• Jerome Dugast & Pierre-Olivier Weill & Semih Uslu, 2018. "Platform Trading with an OTC Market Fringe," 2018 Meeting Papers 1002, Society for Economic Dynamics.
• Lutz Hendricks & Christopher Herrington & Todd Schoellman, 2018. "The Changing Roles of Family Income and Academic Ability for US College Attendance," 2018 Meeting Papers 998, Society for Economic Dynamics.
• Satyajit Chatterjee & Dean Corbae & Jose-Victor Rios-Rull & Kyle Dempsey, 2018. "A Theory of Credit Scoring and the Competitive Pricing of Default Risk," 2018 Meeting Papers 550, Society for Economic Dynamics.
• Javier Cravino & Andrei Levchenko, 2018. "Price stickiness along the income distribution," 2018 Meeting Papers 344, Society for Economic Dynamics.
• Andrea Eisfeldt & Antonio Falato & Mindy Z. Xiaolan, 2018. "The Rise of Human Capitalist," 2018 Meeting Papers 1110, Society for Economic Dynamics.
• Anthony Smith, 2018. "Climate, Weather, and Damages," 2018 Meeting Papers 1223, Society for Economic Dynamics.
• Md Mahbubur Rahman & Oksana Leukhina & Raghav Paul, 2018. "Why is Agricultural Productivity So Low in Poor Countries? The Case of India," 2018 Meeting Papers 1305, Society for Economic Dynamics.