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Content
2019
2018
2017
- 2017-039 The (Unintended?) Consequences of the Largest Liquidity Injection Ever
by Matteo Crosignani & Miguel Faria-e-Castro & Luis Fonseca
- 2017-035 Financing Ventures
by Jeremy Greenwood & Pengfei Han & Juan M. Sanchez
- 2017-031 Unconventional monetary policy and the behavior of shorts
by Thomas H. McInish & Christopher J. Neely & Jade Planchon
- 2017-029 Knowledge Diffusion, Trade and Innovation across Countries and Sectors
by Jie Cai & Nan Li & Ana Maria Santacreu
- 2017-028 Managing Macroeconomic Fluctuations with Flexible Exchange Rate Targeting
by Jonas Heipertz & Ilian Mihov & Ana Maria Santacreu
- 2017-026 Modeling Time-Varying Uncertainty of Multiple-Horizon Forecast Errors
by Todd E. Clark & Michael W. McCracken & Elmar Mertens
- 2017-014 Optimal Taxes Under Private Information: The Role of the Inflation
by Pedro Gomis-Porqueras & Christopher J. Waller
- 2017-003 Implementing the Modified Golden Rule? Optimal Ramsey Capital Taxation with Incomplete Markets Revisited
by Yunmin Chen & YiLi Chien & C.C. Yang
- 2018-12 Long-Term Finance and Investment with Frictional Asset Markets
by Julian Kozlowski
- 2017-40 An Empirical Investigation of Direct and Iterated Multistep Conditional Forecasts
by Michael W. McCracken & Joseph McGillicuddy
- 2017-38 The Persistence of Financial Distress
by Kartik B. Athreya & Jose Mustre-del-Rio & Juan M. Sanchez
- 2017-36 Banking on the Boom, Tripped by the Bust: Banks and the World War I Agricultural Price Shock
by Matthew Jaremski & David C. Wheelock
- 2017-34 Markup Cyclicality: A Tale of Two Models
by Sungki Hong
- 2017-33 Customer Capital, Markup Cyclicality, and Amplification
by Sungki Hong
- 2017-32 Optimal Fiscal Policy in Overlapping Generations Models
by Carlos Garriga
- 2017-30 Mortgage Debt, Consumption, and Illiquid Housing Markets in the Great Recession
by Carlos Garriga & Aaron Hedlund
- 2017-27 The Aggregate and Relative Economic Effects of Government Financed Health Care
by Bill Dupor & Guerrero Rodrigo
- 2017-25 Flight to What? — Dissecting Liquidity Shortages in the Financial Crisis
by Feng Dong & Yi Wen
- 2017-24 Optimal Ramsey Capital Income Taxation —A Reappraisal
by YiLi Chien & Yi Wen
- 2017-23 Money, Banking and Financial Markets
by David Andolfatto & Aleksander Berentsen & Fernando M. Martin
- 2017-22 Debt and Stabilization Policy: Evidence from a Euro Area FAVAR
by Laura E. Jackson & Michael T. Owyang & Sarah Zubairy
- 2017-21 Corporate Income Tax, Legal Form of Organization, and Employment
by Daphne Chen & Shi Qi & Don E. Schlagenhauf
- 2017-20 The response of multinationals’ foreign exchange rate exposure to macroeconomic news
by Kris Boudt & Christopher J. Neely & Piet Sercu & Marjan Wauters
- 2017-19 Optimal Monetary Policy under Negative Interest Rate
by Feng Dong & Yi Wen
- 2017-18 Truncated Firm Productivity Distributions and Trade Margins
by Subhayu Bandyopadhyay & Cletus C. Coughlin
- 2017-17 Terms-of-Trade and Counterterrorism Externalities
by Subhayu Bandyopadhyay & Todd Sandler & Javed Younas
- 2017-16 Nominal GDP Targeting With Heterogeneous Labor Supply
by James B. Bullard & Aarti Singh
- 2017-15 Airport Noise in Atlanta: The Inequality of Sound
by Jeffrey P. Cohen & Cletus C. Coughlin & Jonas C. Crews
- 2017-13 Financial Frictions and Export Dynamics in Large Devaluations
by David Kohn & Fernando Leibovici & Michal Szkup
- 2017-12 Estimation of the discontinuous leverage effect: Evidence from the NASDAQ order book
by Markus Bibinger & Christopher J. Neely & Lars Winkelmann
- 2017-11 Systematic Cojumps, Market Component Portfolios and Scheduled Macroeconomic Announcements
by Robert G. Bowman & Kam Fong Chan & Christopher J. Neely
- 2017-10 Low Real Interest Rates and the Zero Lower Bound
by Stephen D. Williamson
- 2017-9 Bank Panics and Scale Economies
by David Andolfatto & Ed Nosal
- 2017-8 Liquidity Premiums on Government Debt and the Fiscal Theory of the Price Level
by Aleksander Berentsen & Christopher J. Waller
- 2017-7 Sticky Wages, Monetary Policy and Fiscal Policy Multipliers
by Bill Dupor & Jingchao Li & Rong Li
- 2017-6 Capital Goods Trade, Relative Prices, and Economic Development
by Piyusha Mutreja & B. Ravikumar & Michael Sposi
- 2017-5 Capital Accumulation and Dynamic Gains from Trade
by B. Ravikumar & Ana Maria Santacreu & Michael Sposi
- 2017-2 The Effects of Terror on International Air Passenger Transport: An Empirical Investigation
by Subhayu Bandyopadhyay & Devashish Mitra & Cong S. Pham
- 2017-1 Chinese Foreign Exchange Reserves, Policy Choices and the U.S. Economy
by Christopher J. Neely
2016
- 2018-011 Explaining Intergenerational Mobility: The Role of Fertility and Family Transfers
by Diego Daruich & Julian Kozlowski
- 2016-021 An Analysis of the Literature on International Unconventional Monetary Policy
by Saroj Bhattarai & Christopher J. Neely
- 2016-27 The Inverted Leading Indicator Property and Redistribution Effect of the Interest Rate
by Patrick A. Pintus & Yi Wen & Xiaochuan Xing
- 2016-26 Family Economics Writ Large
by Jeremy Greenwood & Nezih Guner & Guillaume Vandenbroucke
- 2016-24 The Aggregate Implications of Size Dependent Distortions
by Nicolas Roys
- 2016-23 Markets, Externalities, and the Dynamic Gains of Openness
by Alexander Monge-Naranjo
- 2016-22 Of Cities and Slums
by Pedro Cavalcanti Ferreira & Alexander Monge-Naranjo & Luciene Torres de Mello Pereira
- 2016-20 Openness and the Optimal Taxation of Foreign Know-How
by Alexander Monge-Naranjo
- 2016-19 The Value of Constraints on Discretionary Government Policy
by Fernando M. Martin
- 2016-18 Vocational Considerations and Trends in Social Security Disability
by Amanda M. Michaud & Jaeger Nelson & David Wiczer
- 2016-17 Nominal rigidities in debt and product markets
by Carlos Garriga & Finn E. Kydland & Roman Šustek
- 2016-16 The Visible Hand: The Role of Government in China’s Long-Awaited Industrial Revolution
by George E. Fortier & Yi Wen
- 2016-15 Near-Money Premiums, Monetary Policy, and the Integration of Money Markets : Lessons from Deregulation
by Mark A. Carlson & David C. Wheelock
- 2016-14 Persistence of Shocks and the Reallocation of Labor
by Nicolas Roys
- 2016-13 Effects of Credit Supply on Unemployment and Inequality
by Subhayu Bandyopadhyay & Elias Dinopoulos & Bulent Unel
- 2016-12 Did the Founding of the Federal Reserve Affect the Vulnerability of the Interbank System to Congation Risk?
by Mark A. Carlson & David C. Wheelock
- 2016-11 Offshoring in Developing Countries: Labor Market Outcomes, Welfare, and Policy
by Subhayu Bandyopadhyay & Arnab K. Basu & Nancy H. Chau & Devashish Mitra
- 2016-10 Optimal Taxation, Marriage, Home Production, and Family Labor Supply
by George-Levi Gayle & Andrew Shephard
- 2017-4 International Trade and Intertemporal Substitution
by Fernando Leibovici & Michael E. Waugh
- 2016-9 Network Search: Climbing the Job Ladder Faster
by Marcelo Arbex & Dennis O'Dea & David Wiczer
- 2016-8 Nonlinearities, Smoothing and Countercyclical Monetary Policy
by Laura E. Jackson & Michael T. Owyang & Daniel Soques
- 2016-7 The Postwar Conquest of the Home Ownership Dream
by Matthew Chambers & Carlos Garriga & Don E. Schlagenhauf
- 2016-6 Estimating Border Effects: The Impact of Spatial Aggregation
by Cletus C. Coughlin & Dennis Novy
- 2016-5 Revisiting Gertler-Gilchrist Evidence on the Behavior of Small and Large Firms
by Marianna Kudlyak & Juan M. Sanchez
- 2016-4 Local and Aggregate Fiscal Policy Multipliers
by Bill Dupor & Guerrero Rodrigo
- 2016-3 Measuring Openness to Trade
by B. Ravikumar & Michael E. Waugh
- 2016-2 Terrorism, Trade and Welfare: Some Paradoxes and a Policy Conundrum
by Subhayu Bandyopadhyay & Todd Sandler & Javed Younas
- 2016-1 Trade and Terrorism: A Disaggregated Approach
by Subhayu Bandyopadhyay & Todd Sandler & Javed Younas
2015
2014
- 2014-041 The Gravity of Experience
by Pushan Dutt & Ana Maria Santacreu & Daniel A. Traca
- 2014-034 The role of jumps in volatility spillovers in foreign exchange markets: meteor shower and heat waves revisited
by Jerome Lahaye & Christopher J. Neely
- 2014-033 Can risk explain the profitability of technical trading in currency markets?
by Matthew Famiglietti & Yuliya Ivanova & Christopher J. Neely & Paul A. Weller
- 2014-004 How Persistent Are Unconventional Monetary Policy Effects?
by Christopher J. Neely
- 2014-50 Semi-Parametric Interpolations of Residential Location Values: Using Housing Price Data to Generate Balanced Panels
by John M. Clapp & Jeffrey P. Cohen & Cletus C. Coughlin
- 2014-49 Equilibrium Sovereign Default with Exchange Rate Depreciation
by Sergey V. Popov & David Wiczer
- 2014-48 Explaining Educational Attainment across Countries and over Time
by Diego Restuccia & Guillaume Vandenbroucke
- 2014-47 Universal Basic Income versus Unemployment Insurance
by Alice Fabre & Stéphane Pallage & Christian Zimmermann
- 2014-46 Metro Business Cycles
by Maria A. Arias & Charles S. Gascon & David E. Rapach
- 2014-43 The Trade Comovement Puzzle and the Margins of International Trade
by Wei Liao & Ana Maria Santacreu
- 2014-42 Innovation, Diffusion, and Trade: Theory and Measurement
by Ana Maria Santacreu
- 2014-40 Student Loans and Repayment: Theory, Evidence and Policy
by Lance Lochner & Alexander Monge-Naranjo
- 2014-39 Education Policies and Structural Transformation
by Pedro Cavalcanti Ferreira & Alexander Monge-Naranjo & Luciene Torres de Mello Pereira
- 2014-36 Interjurisdictional Competition and Location Decisions of Firms
by Ruben Hernandez-Murillo
- 2014-32 Wage dynamics and labor market transitions: a reassessment through total income and “usual” wages
by Maria E. Canon & Ronni Pavan
- 2014-31 Sovereign Default and the Choice of Maturity
by Juan M. Sanchez & Horacio Sapriza & Emircan Yurdagul
- 2014-30 Unauthorized Immigration and Fiscal Competition
by Subhayu Bandyopadhyay & Santiago Pinto
- 2014-29 A Cup Runneth Over: Fiscal Policy Spillovers from the 2009 Recovery Act
by Bill Dupor & Peter B. McCrory
- 2014-28 Rural-Urban Migration, Structural Transformation, and Housing Markets in China
by Carlos Garriga & Yang Tang & Ping Wang
- 2014-27 Three Scenarios for Interest Rates in the Transition to Normalcy
by Diana A. Cooke & William T. Gavin
- 2014-26 Low Real Interest Rates, Collateral Misrepresentation, and Monetary Policy
by Stephen D. Williamson
- 2014-25 Evaluating Conditional Forecasts from Vector Autoregressions
by Todd E. Clark & Michael W. McCracken
- 2014-24 Occupational hazards and social disability insurance
by Amanda M. Michaud & David Wiczer
- 2014-23 The 2009 recovery act: stimulus at the extensive and intensive labor margins
by Bill Dupor & M. Saif Mehkari
- 2014-22 The great housing boom of China
by Kaiji Chen & Yi Wen
- 2014-21 Preventing bank runs
by David Andolfatto & Ed Nosal & Bruno Sultanum
- 2014-20 Financial stress regimes and the macroeconomy
by Ana B. Galvão & Michael T. Owyang
- 2014-19 How Has Empirical Monetary Policy Analysis Changed After the Financial Crisis?
by Neville Francis & Laura E. Jackson & Michael T. Owyang
- 2014-18 Corporate income tax, legal form of organization, and employment
by Daphne Chen & Shi Qi & Don E. Schlagenhauf
- 2014-17 Taxing top earners: a human capital perspective
by Alejandro Badel & Mark Huggett
- 2014-16 QE: when and how should the Fed exit?
by Yi Wen
- 2014-15 The cost of business cycles with heterogeneous trading technologies
by YiLi Chien
- 2014-14 Implications of heterogeneity in preferences, beliefs and asset trading technologies for the macroeconomy
by YiLi Chien & Harold L. Cole & Hanno Lustig
- 2014-13 Navigating constraints: the evolution of Federal Reserve monetary policy, 1935-59
by Mark A. Carlson & David C. Wheelock
- 2014-12 Capital goods trade and economic development
by Piyusha Mutreja & B. Ravikumar & Michael Sposi
- 2014-11 Reversal of Gender Gaps in Child Development: Evidence from Young Children in India
by Maria E. Canon & Florencia Lopez Boo
- 2014-10 Credit markets, limited commitment, and government debt
by Francesca Carapella & Stephen D. Williamson
- 2014-9 Keynesian inefficiency and optimal policy: a new monetarist approach
by Stephen D. Williamson
- 2014-8 Scarce collateral, the term premium, and quantitative easing
by Stephen D. Williamson
- 2014-7 Withstanding great recession like China
by Yi Wen & Jing Wu
- 2014-6 Determinants of trade margins: insights using state export data
by Subhayu Bandyopadhyay & Cletus C. Coughlin
- 2014-5 Risk Aversion at the Country Level
by Nestor Gandelman & Ruben Hernandez-Murillo
- 2014-3 Money, liquidity and welfare
by Yi Wen
- 2014-2 Labor market upheaval, default regulations, and consumer debt
by Kartik B. Athreya & Juan M. Sanchez & Xuan S. Tam & Eric Young
- 2014-1 Parenthood and productivity of highly skilled labor: evidence from the groves of academe
by Matthias Krapf & Heinrich W. Ursprung & Christian Zimmermann
2013