Content
October 2024, Volume 16, Issue 4
- 1-34 Labor Substitutability among Schooling Groups
by Mark Bils & Bariş Kaymak & Kai-Jie Wu - 35-76 Fiscal and Monetary Policy Interactions in a Model with Low Interest Rates
by Jianjun Miao & Dongling Su - 77-113 Labor Market Effects of Workweek Restrictions: Evidence from the Great Depression
by Price Fishback & Chris Vickers & Nicolas L. Ziebarth - 114-142 Is There a Stable Relationship between Unemployment and Future Inflation?
by Terry Fitzgerald & Callum Jones & Mariano Kulish & Juan Pablo Nicolini - 143-171 A Simple Explanation of Countercyclical Uncertainty
by Joshua Bernstein & Michael Plante & Alexander W. Richter & Nathaniel A. Throckmorton - 172-217 The Optimal Quantity of CBDC in a Bank-Based Economy
by Lorenzo Burlon & Manuel A. Muñoz & Frank Smets - 218-238 Population, Productivity, and Sustainable Consumption
by Robert S. Pindyck - 239-278 Entrepôt: Hubs, Scale, and Trade Costs
by Sharat Ganapati & Woan Foong Wong & Oren Ziv - 279-310 Idiosyncratic Income Risk and Aggregate Fluctuations
by Davide Debortoli & Jordi Galí - 311-349 Automation, Bargaining Power, and Labor Market Fluctuations
by Sylvain Leduc & Zheng Liu - 350-385 International Friends and Enemies
by Benny Kleinman & Ernest Liu & Stephen J. Redding - 386-431 New Facts on Consumer Price Rigidity in the Euro Area
by Erwan Gautier & Cristina Conflitti & Riemer P. Faber & Brian Fabo & Ludmila Fadejeva & Valentin Jouvanceau & Jan-Oliver Menz & Teresa Messner & Pavlos Petroulas & Pau Roldan-Blanco & Fabio Rumler & Sergio Santoro & Elisabeth Wieland & Hélène Zimmer - 432-469 When Interest Rates Go Low, Should Public Debt Go High?
by Johannes Brumm & Xiangyu Feng & Laurence Kotlikoff & Felix Kubler - 470-504 The Elasticity of Aggregate Output with Respect to Capital and Labor
by Dietrich Vollrath
July 2024, Volume 16, Issue 3
- 1-51 Measuring Employer-to-Employer Reallocation
by Shigeru Fujita & Giuseppe Moscarini & Fabien Postel-Vinay - 52-89 Asymmetric Reciprocity and the Cyclical Behavior of Wages, Effort, and Job Creation
by Marco Fongoni - 90-130 Aggregate and Intergenerational Implications of School Closures: A Quantitative Assessment
by Youngsoo Jang & Minchul Yum - 131-159 Reassessing the Relevance of Financial Shocks in an Estimated Heterogeneous Firm Model
by Xing Guo - 160-189 World Productivity: 1996–2014
by Mehrdad Esfahani & John G. Fernald & Bart Hobijn - 190-229 Macroeconomic Frameworks: Reconciling Evidence and Model Predictions from Demand Shocks
by Alan J. Auerbach & Yuriy Gorodnichenko & Daniel Murphy - 230-267 Optimal Foreign Reserves and Central Bank Policy under Financial Stress
by Luis Felipe Céspedes & Roberto Chang - 268-309 Why Didn't the College Premium Rise Everywhere? Employment Protection and On-the-Job Investment in Skills
by Matthias Doepke & Ruben Gaetani - 310-342 Delayed Overshooting: The Case for Information Rigidities
by Gernot J. Müller & Martin Wolf & Thomas Hettig - 343-388 MPC Heterogeneity and the Dynamic Response of Consumption to Monetary Policy
by Miguel Ampudia & Russell Cooper & Julia Le Blanc & Guozhong Zhu - 389-416 Understanding Persistent ZLB: Theory and Assessment
by Pablo Cuba-Borda & Sanjay R. Singh - 417-446 Crossing the Credit Channel: Credit Spreads and Firm Heterogeneity
by Gareth Anderson & Ambrogio Cesa-Bianchi
April 2024, Volume 16, Issue 2
- 1-28 Credit Supply Shocks and Prices: Evidence from Danish Firms
by Tobias Renkin & Gabriel Züllig - 29-61 Dynamism Diminished: The Role of Housing Markets and Credit Conditions
by Steven J. Davis & John Haltiwanger - 62-94 Financial Frictions, Capital Misallocation, and Input-Output Linkages
by Hsuan-Li Su - 95-126 Ambiguity Aversion and Heterogeneity in Households' Beliefs
by Claudio Michelacci & Luigi Paciello - 127-181 The Heterogeneous Effects of Social Assistance and Unemployment Insurance: Evidence from a Life Cycle Model of Family Labor Supply and Savings
by Peter Haan & Victoria Prowse - 182-216 Redistributive Capital Taxation Revisited
by Özlem Kina & Ctirad Slavík & Hakki Yazici - 217-249 Inequality, Taxation, and Sovereign Default Risk
by Minjie Deng - 250-286 Testing the Effectiveness of Unconventional Monetary Policy in Japan and the United States
by Daisuke Ikeda & Shangshang Li & Sophocles Mavroeidis & Francesco Zanetti - 287-317 Local Ties in Spatial Equilibrium
by Mike Zabek - 318-352 Sectoral Heterogeneity in Nominal Price Rigidity and the Origin of Aggregate Fluctuations
by Ernesto Pastén & Raphael Schoenle & Michael Weber - 353-374 How to Construct Nationally Representative Firm-Level Data from the Orbis Global Database: New Facts on SMEs and Aggregate Implications for Industry Concentration
by Şebnem Kalemli- Özcan & Bent E. Sørensen & Carolina Villegas-Sanchez & Vadym Volosovych & Sevcan Yeşiltaş - 375-405 Uncertainty and Information Acquisition: Evidence from Firms and Households
by Heiner Mikosch & Christopher Roth & Samad Sarferaz & Johannes Wohlfart
January 2024, Volume 16, Issue 1
- 1-28 Monetary Policy When the Phillips Curve Is Quite Flat
by Paul Beaudry & Chenyu Hou & Franck Portier - 29-65 Innovation-Led Transitions in Energy Supply
by Derek Lemoine - 66-101 The Impact of Extending Employment Protection to Agency Workers on Firms
by Alejandro Micco & Pablo Muñoz - 102-146 Immigrant Communities and Knowledge Spillovers: Danish Americans and the Development of the Dairy Industry in the United States
by Nina Boberg-Fazlić & Paul Sharp - 147-206 Wage Rigidity and Employment Outcomes: Evidence from Administrative Data
by Gabriel Ehrlich & Joshua Montes - 207-237 Homeownership and Portfolio Choice over the Generations
by Gonzalo Paz-Pardo - 238-285 A Congestion Theory of Unemployment Fluctuations
by Yusuf Mercan & Benjamin Schoefer & Petr Sedláček - 286-321 Government Borrowing and Crowding Out
by Yasin Kürşat Önder & Sara Restrepo-Tamayo & Maria Alejandra Ruiz-Sanchez & Mauricio Villamizar-Villegas - 322-355 Scarred Consumption
by Ulrike Malmendier & Leslie Sheng Shen - 356-386 Firms' Precautionary Savings and Employment during a Credit Crisis
by Davide Melcangi - 387-440 Assessing the Stabilizing Effects of Unemployment Benefit Extensions
by Alexey Gorn & Antonella Trigari - 441-468 Adverse Selection Dynamics in Privately Produced Safe Debt Markets
by Nathan Foley-Fisher & Gary Gorton & Stéphane Verani
October 2023, Volume 15, Issue 4
- 1-39 Work from Home before and after the COVID-19 Outbreak
by Alexander Bick & Adam Blandin & Karel Mertens - 40-66 Product Variety, the Cost of Living, and Welfare across Countries
by Alberto Cavallo & Robert C. Feenstra & Robert Inklaar - 67-103 Electricity and Firm Productivity: A General-Equilibrium Approach
by Stephie Fried & David Lagakos - 104-140 Trade Policies and Fiscal Devaluations
by Christopher Erceg & Andrea Prestipino & Andrea Raffo - 141-176 Monetary Policy in Sudden Stop-Prone Economies
by Louphou Coulibaly - 177-216 Taxation of Consumption and Labor Income: A Quantitative Approach
by Francesca Parodi - 217-248 Disentangling COVID-19, Economic Mobility, and Containment Policy Shocks
by Annika Camehl & Malte Rieth - 249-304 "Quick Response" Economic Stimulus: The Effect of Small-Value Digital Coupons on Spending
by Jianwei Xing & Eric Yongchen Zou & Zhentoa Yin & Yong Wang & Zhenhua Li - 305-330 Schooling, Skill Demand, and Differential Fertility in the Process of Structural Transformation
by T. Terry Cheung - 331-371 Overpersistence Bias in Individual Income Expectations and Its Aggregate Implications
by Filip Rozsypal & Kathrin Schlafmann - 372-400 Information Dynamics and Macro Fluctuations
by Kyriakos Chousakos & Gary Gorton & Guillermo Ordoñez - 401-428 Optimal Policy for Macrofinancial Stability
by Gianluca Benigno & Huigang Chen & Christopher Otrok & Alessandro Rebucci & Eric R. Young
July 2023, Volume 15, Issue 3
- 1-42 Estimating the Optimal Inflation Target from Trends in Relative Prices
by Klaus Adam & Henning Weber - 43-63 Measuring the Cost of Living in Mexico and the United States
by David Argente & Chang-Tai Hsieh & Munseob Lee - 64-108 Macroeconomic Implications of Uniform Pricing
by Diego Daruich & Julian Kozlowski - 109-152 How Does Consumption Respond to News about Inflation? Field Evidence from a Randomized Control Trial
by Olivier Coibion & Dimitris Georgarakos & Yuriy Gorodnichenko & Maarten van Rooij - 153-190 Efficient Consolidation of Incentives for Education and Retirement Savings
by Radoslaw Paluszynski & Pei Cheng Yu - 191-223 Human Capital Accumulation at Work: Estimates for the World and Implications for Development
by Remi Jedwab & Paul Romer & Asif M. Islam & Roberto Samaniego - 224-264 The Rise of Niche Consumption
by Brent Neiman & Joseph Vavra - 265-286 The Macroeconomic Impact of Europe's Carbon Taxes
by Gilbert E. Metcalf & James H. Stock - 287-319 The Causal Effects of Lockdown Policies on Health and Macroeconomic Outcomes
by Jonas E. Arias & Jesús Fernández- Villaverde & Juan F. Rubio-Ramírez & Minchul Shin - 320-354 The Intensive Margin in Trade: How Big and How Important?
by Ana M. Fernandes & Peter J. Klenow & Sergii Meleshchuk & Martha Denisse Pierola & Andrés Rodríguez- Clare - 355-387 Has the Information Channel of Monetary Policy Disappeared? Revisiting the Empirical Evidence
by Lukas Hoesch & Barbara Rossi & Tatevik Sekhposyan - 388-430 Labor Market Responses to Unemployment Insurance: The Role of Heterogeneity
by Serdar Birinci & Kurt See
April 2023, Volume 15, Issue 2
- 1-34 Earnings-Based Borrowing Constraints and Macroeconomic Fluctuations
by Thomas Drechsel - 35-64 Collective Moral Hazard and the Interbank Market
by Levent Altinoglu & Joseph E. Stiglitz - 65-96 Cross-Sectional Uncertainty and the Business Cycle: Evidence from 40 Years of Options Data
by Ian Dew-Becker & Stefano Giglio - 97-128 Self-Harming Trade Policy? Protectionism and Production Networks
by Alessandro Barattieri & Matteo Cacciatore - 129-160 The Response of Consumer Spending to Changes in Gasoline Prices
by Michael Gelman & Yuriy Gorodnichenko & Shachar Kariv & Dmitri Koustas & Matthew D. Shapiro & Dan Silverman & Steven Tadelis - 161-189 State-Dependent Attention and Pricing Decisions
by Javier Turen - 190-228 Capital-Reallocation Frictions and Trade Shocks
by Andrea Lanteri & Pamela Medina & Eugene Tan - 229-253 The State-Dependent Effectiveness of Hiring Subsidies
by Sebastian Graves - 254-278 Learning-through-Survey in Inflation Expectations
by Gwangmin Kim & Carola Binder - 279-305 Measuring Monetary Policy in the Euro Area Using SVARs with Residual Restrictions
by Harald Badinger & Stefan Schiman - 306-332 The Effect of Population Aging on Economic Growth, the Labor Force, and Productivity
by Nicole Maestas & Kathleen J. Mullen & David Powell - 333-371 Bubbles, Crashes, and Economic Growth: Theory and Evidence
by Pablo A. Guerron-Quintana & Tomohiro Hirano & Ryo Jinnai - 372-412 Grounded by Gravity: A Well-Behaved Trade Model with Industry-Level Economies of Scale
by Konstantin Kucheryavyy & Gary Lyn & Andrés Rodríguez-Clare - 413-440 Rural-Urban Migration, Structural Transformation, and Housing Markets in China
by Carlos Garriga & Aaron Hedlund & Yang Tang & Ping Wang - 441-465 Land Misallocation and Productivity
by Chaoran Chen & Diego Restuccia & Raül Santaeulàlia-Llopis - 466-505 Persistent Monetary Non-neutrality in an Estimated Menu Cost Model with Partially Costly Information
by Marco Bonomo & Carlos Carvalho & René Garcia & Vivian Malta & Rodolfo Rigato
January 2023, Volume 15, Issue 1
- 1-47 Anchored Inflation Expectations
by Carlos Carvalho & Stefano Eusepi & Emanuel Moench & Bruce Preston - 48-105 Firm Entry and Exit and Aggregate Growth
by Jose Asturias & Sewon Hur & Timothy J. Kehoe & Kim J. Ruhl - 106-134 Learning about Debt Crises
by Radoslaw Paluszynski - 135-172 Uncovering the Effects of the Zero Lower Bound with an Endogenous Financial Wedge
by Dan Cao & Wenlan Luo & Guangyu Nie - 173-208 Robust Predictions for DSGE Models with Incomplete Information
by Ryan Chahrour & Robert Ulbricht - 209-239 The Government Spending Multiplier in a Multisector Economy
by Hafedh Bouakez & Omar Rachedi & Emiliano Santoro - 240-268 Skilled Labor Productivity and Cross-Country Income Differences
by Lutz Hendricks & Todd Schoellman - 269-313 Women, Wealth Effects, and Slow Recoveries
by Masao Fukui & Emi Nakamura & Jón Steinsson - 314-341 Consumption Heterogeneity: Micro Drivers and Macro Implications
by Edmund Crawley & Andreas Kuchler - 342-370 Assessing the Gains from E-Commerce
by Paul Dolfen & Liran Einav & Peter J. Klenow & Benjamin Klopack & Jonathan D. Levin & Larry Levin & Wayne Best - 371-410 Fiscal Policy, Relative Prices, and Net Exports in a Currency Union
by Luisa Lambertini & Christian Proebsting - 411-443 House Prices and Consumption: A New Instrumental Variables Approach
by James Graham & Christos A. Makridis - 444-474 A Risky Venture: Income Dynamics among Pass-Through Business Owners
by Jason DeBacker & Vasia Panousi & Shanthi Ramnath - 475-516 Childcare Subsidies and Child Skill Accumulation in One- and Two-Parent Families
by Emily G. Moschini - 517-550 Firm Wages in a Frictional Labor Market
by Leena Rudanko
October 2022, Volume 14, Issue 4
- 1-67 How Wage Announcements Affect Job Search—A Field Experiment
by Michèle Belot & Philipp Kircher & Paul Muller - 68-103 Expectations-Driven Liquidity Traps: Implications for Monetary and Fiscal Policy
by Taisuke Nakata & Sebastian Schmidt - 104-135 Mind the Gap! Stylized Dynamic Facts and Structural Models
by Fabio Canova & Filippo Ferroni - 136-173 Age Structure and the Impact of Monetary Policy
by John V. Leahy & Aditi Thapar - 174-209 Short-Term Planning, Monetary Policy, and Macroeconomic Persistence
by Christopher Gust & Edward Herbst & David López-Salido - 210-243 News Shocks under Financial Frictions
by Christoph Görtz & John D. Tsoukalas & Francesco Zanetti - 244-273 Fiscal Rules and the Sovereign Default Premium
by Juan Carlos Hatchondo & Leonardo Martinez & Francisco Roch - 274-308 Distortions and the Structure of the World Economy
by Lorenzo Caliendo & Fernando Parro & Aleh Tsyvinski - 309-340 Monetary Policy and Liquidity Constraints: Evidence from the Euro Area
by Mattias Almgren & José-Elías Gallegos & John Kramer & Ricardo Lima - 341-377 Learning on the Job and the Cost of Business Cycles
by Karl Walentin & Andreas Westermark - 378-403 Neo-Fisherian Policies and Liquidity Traps
by Florin O. Bilbiie - 404-437 Optimal Public Debt with Life Cycle Motives
by William B. Peterman & Erick Sager - 438-478 Family Heterogeneity, Human Capital Investment, and College Attainment
by Adam Blandin & Christopher Herrington - 479-498 Population Aging and Structural Transformation
by Javier Cravino & Andrei Levchenko & Marco Rojas - 499-529 Asymmetric Effects of Monetary Policy in Regional Housing Markets
by Knut Are Aastveit & André K. Anundsen
July 2022, Volume 14, Issue 3
- 1-41 Optimal Taxation with Endogenous Default under Incomplete Markets
by Demian Pouzo & Ignacio Presno - 42-81 Dynamics of Markups, Concentration, and Product Span
by Elhanan Helpman & Benjamin Niswonger - 82-132 Occupational Matching and Cities
by Theodore Papageorgiou - 133-162 The Neo-Fisher Effect: Econometric Evidence from Empirical and Optimizing Models
by Martín Uribe - 163-198 The Decline of the Labor Share: New Empirical Evidence
by Drago Bergholt & Francesco Furlanetto & Nicolò Maffei-Faccioli - 199-249 Radical and Incremental Innovation: The Roles of Firms, Managers, and Innovators
by Daron Acemoglu & Ufuk Akcigit & Murat Alp Celik - 250-282 Public Education Inequality and Intergenerational Mobility
by Angela Zheng & James Graham - 283-323 The Term Structure of Growth-at-Risk
by Tobias Adrian & Federico Grinberg & Nellie Liang & Sheheryar Malik & Jie Yu - 324-364 Learning by Sharing: Monetary Policy and Common Knowledge
by Alexandre N. Kohlhas - 365-410 Dynamic Capital Tax Competition under the Source Principle
by Till Gross & Paul Klein & Miltiadis Makris - 411-449 Reputation, Bailouts, and Interest Rate Spread Dynamics
by Alessandro Dovis & Rishabh Kirpalani - 450-480 Flexibility and Frictions in Multisector Models
by Jorge Miranda-Pinto & Eric R. Young - 481-507 The Propagation of Demand Shocks through Housing Markets
by Elliot Anenberg & Daniel Ringo - 508-542 Cournot Fire Sales
by Thomas M. Eisenbach & Gregory Phelan - 543-590 Hours, Occupations, and Gender Differences in Labor Market Outcomes
by Andrés Erosa & Luisa Fuster & Gueorgui Kambourov & Richard Rogerson
April 2022, Volume 14, Issue 2
- 1-43 Agricultural Diversity, Structural Change, and Long-Run Development: Evidence from the United States
by Martin Fiszbein - 44-95 Optimal Currency Areas with Labor Market Frictions
by Rohan Kekre - 96-122 Does Consumption Respond to Transitory Shocks? Reconciling Natural Experiments and Semistructural Methods
by Jeanne Commault - 123-159 Sectoral Heterogeneity and Monetary Policy
by Jonathan Kreamer - 160-206 A Theory of Structural Change That Can Fit the Data
by Simon Alder & Timo Boppart & Andreas Müller - 207-242 Skewed Idiosyncratic Income Risk over the Business Cycle: Sources and Insurance
by Christopher Busch & David Domeij & Fatih Guvenen & Rocio Madera - 243-280 Asset Price Booms and Macroeconomic Policy: A Risk-Shifting Approach
by Franklin Allen & Gadi Barlevy & Douglas Gale - 281-318 Pigouvian Cycles
by Renato Faccini & Leonardo Melosi - 319-366 High Marginal Tax Rates on the Top 1 Percent? Lessons from a Life-Cycle Model with Idiosyncratic Income Risk
by Fabian Kindermann & Dirk Krueger - 367-415 Income Differences, Productivity, and Input-Output Networks
by Harald Fadinger & Christian Ghiglino & Mariya Teteryatnikova - 416-468 Entry Barriers, Idiosyncratic Distortions, and the Firm Size Distribution
by Roberto N. Fattal-Jaef - 469-507 Credit Spreads, Financial Crises, and Macroprudential Policy
by Ozge Akinci & Albert Queralto
January 2022, Volume 14, Issue 1
- 1-37 How Sticky Wages in Existing Jobs Can Affect Hiring
by Mark Bils & Yongsung Chang & Sun-Bin Kim - 38-59 On the Macroeconomic Consequences of Over-Optimism
by Paul Beaudry & Tim Willems - 60-82 Capital Controls for Crisis Management Policy in a Global Economy
by J. Scott Davis & Michael B. Devereux - 83-103 Collateral Shocks
by Yvan Becard & David Gauthier - 104-145 Knowledge Diffusion, Trade, and Innovation across Countries and Sectors
by Jie Cai & Nan Li & Ana Maria Santacreu - 146-178 The Rise and Fall of India's Relative Investment Price: A Tale of Policy Error and Reform
by Alok Johri & Md Mahbubur Rahman - 179-223 The Rise of the Machines: Automation, Horizontal Innovation, and Income Inequality
by David Hémous & Morten Olsen - 224-259 Slow Debt, Deep Recessions
by Joachim Jungherr & Immo Schott - 260-300 Declining Worker Turnover: The Role of Short-Duration Employment Spells
by Michael J. Pries & Richard Rogerson - 301-331 The Cyclical Behavior of Unemployment and Wages under Information Frictions
by Camilo Morales-Jiménez - 332-354 Endogenous Separations, Wage Rigidities, and Unemployment Volatility
by Mikael Carlsson & Andreas Westermark - 355-389 Offshoring, Automation, Low-Skilled Immigration, and Labor Market Polarization
by Federico S. Mandelman & Andrei Zlate
October 2021, Volume 13, Issue 4
- 1-54 MPC Heterogeneity and Household Balance Sheets
by Andreas Fagereng & Martin B. Holm & Gisle J. Natvik - 55-109 Household Search and the Marital Wage Premium
by Laura Pilossoph & Shu Lin Wee - 110-141 The Young, the Old, and the Government: Demographics and Fiscal Multipliers
by Henrique S. Basso & Omar Rachedi - 142-181 Financial Risk Capacity
by Saki Bigio & Adrien d'Avernas - 182-245 The Extensive Margin of Exporting Products: A Firm-Level Analysis
by Costas Arkolakis & Sharat Ganapati & Marc-Andreas Muendler - 246-294 Money Mining and Price Dynamics
by Michael Choi & Guillaume Rocheteau - 295-340 Why Are Banks Exposed to Monetary Policy?
by Sebastian Di Tella & Pablo Kurlat - 341-368 Micro-level Misallocation and Selection
by Mu-Jeung Yang - 369-410 Uncertainty and Business Cycles: Exogenous Impulse or Endogenous Response?
by Sydney C. Ludvigson & Sai Ma & Serena Ng - 411-448 Long-Term Finance and Investment with Frictional Asset Markets
by Julian Kozlowski - 449-482 Consumption Inequality and the Frequency of Purchases
by Olivier Coibion & Yuriy Gorodnichenko & Dmitri Koustas - 483-519 Agglomeration, Misallocation, and (the Lack of) Competition
by Wyatt J. Brooks & Joseph P. Kaboski & Yao Amber Li
July 2021, Volume 13, Issue 3
- 1-36 Higher Taxes at the Top: The Role of Entrepreneurs
by Bettina Brüggemann - 37-73 Tight Money-Tight Credit: Coordination Failure in the Conduct of Monetary and Financial Policies
by Julio A. Carrillo & Enrique G. Mendoza & Victoria Nuguer & Jessica Roldán-Peña - 74-107 The Transmission of Monetary Policy Shocks
by Silvia Miranda-Agrippino & Giovanni Ricco - 108-141 Optimal Inflation Target in an Economy with Menu Costs and a Zero Lower Bound
by Andrés Blanco - 142-172 Macro and Micro Dynamics of Productivity: From Devilish Details to Insights
by G. Jacob Blackwood & Lucia S. Foster & Cheryl A. Grim & John Haltiwanger & Zoltan Wolf - 173-208 Trade in Commodities and Business Cycle Volatility
by David Kohn & Fernando Leibovici & Håkon Tretvoll - 209-250 Shopping for Lower Sales Tax Rates
by Scott R. Baker & Stephanie Johnson & Lorenz Kueng - 251-303 Advertising, Innovation, and Economic Growth
by Laurent Cavenaile & Pau Roldan-Blanco - 304-356 Fewer but Better: Sudden Stops, Firm Entry, and Financial Selection
by Sina T. Ates & Felipe E. Saffie - 357-396 Comparative Advantage in Innovation and Production
by Mariano Somale
April 2021, Volume 13, Issue 2
- 1-25 Transmission of Monetary Policy with Heterogeneity in Household Portfolios
by Ralph Luetticke - 26-77 Sovereign Debt Restructurings
by Maximiliano Dvorkin & Juan M. Sánchez & Horacio Sapriza & Emircan Yurdagul - 78-120 The Trade-Comovement Puzzle
by Lukasz A. Drozd & Sergey Kolbin & Jaromir B. Nosal - 121-167 Monetary Policy and Bubbles in a New Keynesian Model with Overlapping Generations
by Jordi Galí - 168-213 Risk, the College Premium, and Aggregate Human Capital Investment
by Kartik Athreya & Janice Eberly - 214-253 Oil, Equities, and the Zero Lower Bound
by Deepa D. Datta & Benjamin K. Johannsen & Hannah Kwon & Robert J. Vigfusson - 254-291 How Do Mortgage Refinances Affect Debt, Default, and Spending? Evidence from HARP
by Joshua Abel & Andreas Fuster - 292-332 Monetary Policy and Inequality under Labor Market Frictions and Capital-Skill Complementarity
by Juan J. Dolado & Gergő Motyovszki & Evi Pappa - 333-372 The Choice Channel of Financial Innovation
by Felipe S. Iachan & Plamen T. Nenov & Alp Simsek - 373-419 Interest Rate Liberalization and Capital Misallocations
by Zheng Liu & Pengfei Wang & Zhiwei Xu - 420-443 History Dependence in the Housing Market
by Philippe Bracke & Silvana Tenreyro - 444-486 Evaluating the Economic Cost of Coastal Flooding
by Klaus Desmet & Robert E. Kopp & Scott A. Kulp & Dávid Krisztián Nagy & Michael Oppenheimer & Esteban Rossi-Hansberg & Benjamin H. Strauss
January 2021, Volume 13, Issue 1
- 1-34 Interactions and Coordination between Monetary and Macroprudential Policies
by Alejandro Van der Ghote - 35-78 The Labor Market Impact of Immigration: Job Creation versus Job Competition
by Christoph Albert - 79-113 Consumption Insurance against Wage Risk: Family Labor Supply and Optimal Progressive Income Taxation
by Chunzan Wu & Dirk Krueger - 114-150 Optimal Positive Capital Taxes at Interior Steady States
by Jess Benhabib & Bálint Szőke - 151-183 The Size Distribution of Firms and Industrial Water Pollution: A Quantitative Analysis of China
by Ji Qi & Xin Tang & Xican Xi - 184-215 College Quality and Attendance Patterns: A Long-Run View
by Lutz Hendricks & Christopher Herrington & Todd Schoellman