Content
July 2014, Volume 17, Issue 3
- 383-416 The Political Economy of Entry Barriers
by Toshihiko Mukoyama & Latchezar Popov - 417-436 Size, Trend, and Policy Implications of the Underground Economy
by Renzo Orsi & Davide Raggi & Francesco Turino - 437-458 Resistance to Technology Adoption: The Rise and Decline of Guilds
by Klaus Desmet & Stephen Parente - 459-473 War Finance and the Baby Boom
by Kai Zhao - 474-483 Relative Price Fluctuations in a Two-Sector Model with Imperfect Competition
by Alain Gabler - 484-504 Structural Transformation and the Oil Price
by Radoslaw Stefanski - 505-522 Monetary Policy with Heterogeneous Households and Imperfect Risk-Sharing
by Jae Won Lee - 523-542 Floor Systems for Implementing Monetary Policy: Some Unpleasant Fiscal Arithmetic
by Aleksander Berentsen & Alessandro Marchesiani & Christopher Waller - 543-558 Unconventional Optimal Open Market Purchases
by Chao Gu & Joseph Haslag
April 2014, Volume 17, Issue 2
- 191-205 Credit, Vacancies and Unemployment Fluctuations
by Nicolas Petrosky-Nadeau - 206-223 The Labor Wedge: MRS vs. MPN
by Loukas Karabarbounis - 224-242 Sources of Business Fluctuations: Financial or Technology Shocks?
by Sohei Kaihatsu & Takushi Kurozumi - 243-261 Multinational Production, Exports and Aggregate Productivity
by Joel Rodrigue - 262-286 Tax collection, the informal sector, and productivity
by Julio Cesar Leal Ordonez - 287-293 Optimal inflation in a model of inside money
by Alexei Deviatov & Neil Wallace - 294-302 Toward a Taylor Rule for Fiscal Policy
by Martin Kliem & Alexander Kriwoluzky - 303-328 A Dynamic Model of Altruistically-Motivated Transfers
by Daniel Barczyk & Matthias Kredler - 329-344 A generalized endogenous grid method for non-smooth and non-concave problems
by Giulio Fella - 345-366 Saving Up or Settling Down: Home Ownership over the Life Cycle
by Jonathan Halket & Santhanagopalan Vasudev
January 2014, Volume 17, Issue 1
- 1-20 Career Length: Effects of Curvature of Earnings Profiles, Earnings Shocks, Taxes, and Social Security
by Lars Ljungvist & Thomas Sargent - 21-38 Growth, Selection and Appropriate Contracts
by Alessandra Bonfiglioli & Gino Gancia - 39-51 The Price of Imports and TFP: Application to the Korean Crisis of 1997-98
by Seon Tae Kim - 52-69 Credit constraints, inelastic supply, and the housing boom
by Yongqiang Chu - 70-85 The Role of Inventories and Capacity Utilization as Shock Absorbers
by Leonardo Auernheimer & Danilo Trupkin - 86-106 Preferences for Risk in Dynamic Models with Adjustment Costs
by Galina Vereshchagina - 107-130 Resuscitating Businessman Risk: A Rationale for Familiarity-Based Portfolios
by Doriana Ruffino - 131-149 How Does a Pay-as-you-go System Affect Asset Returns and the Equity Premium?
by Conny Olovsson - 150-169 Brand Capital and Firm Value
by Frederico Belo & Xiaoji Lin & Maria Ana Vitorino - 170-190 Is Smoking a Fiscal Good?
by Shantanu Bagchi & James Feigenbaum
October 2013, Volume 16, Issue 4
- 565-580 Politico-Economic Inequality and the Comovement of Government Purchases
by Ruediger Bachmann & Jinhui Bai - 581-600 The Business Cycle Implications of Banks' Maturity Transformation
by Martin Andreasen & Marcelo Ferman & Pawel Zabczyk - 601-616 Over-the-counter loans, adverse selection, and stigma in the interbank market
by Huberto Ennis & John Weinberg - 617-633 Leveraged Borrowing and Boom-Bust Cycles
by Patrick Pintus & Yi Wen - 634-649 Whom to send to Doha? The Short-sighted Ones!
by Mario Larch & Wolfgang Lechthaler - 650-667 A Dynamic General Equilibrium Model of Driving, Gasoline Use and Vehicle Fuel Efficiency
by Chao Wei - 668-690 Learning About Match Quality and the Use of Referrals
by Manolis Galenianos - 691-707 Creative Destruction with On-the-Job Search
by Jean-Baptiste Michau - 708-723 Learning, Capital Embodied Technology and Aggregate Fluctuations
by Christoph Gortz & John D. Tsoukalas - 724-744 Business Cycle Accounting East and West: Asian Finance and the Investment Wedge
by Dooyeon Cho & Antonio Doblas-Madrid
July 2013, Volume 16, Issue 3
- 383-404 Quantitative Analysis of Health Insurance Reform: Separating Regulation from Redistribution
by Svetlana Pashchenko & Ponpoje Porapakkarm - 405-420 Optimal Asset Taxes in Financial Markets with Aggregate Uncertainty
by Florian Scheuer - 421-439 Rationally inattentive consumption choices
by Antonella Tutino - 440-451 Accounting For Endogeneity in Matching Function Estimation
by Daniel Borowczyk-Martins & Gregory Jolivet & Fabien Postel-Vinay - 452-476 On the Persistence of Income Shocks over the Life Cycle: Evidence, Theory, and Implications
by Fatih Karahan & Serdar Ozkan - 477-496 Accounting for Global Dispersion of Current Accounts
by Yongsung Chang & Sun-Bin Kim & Jaewoo Lee - 497-510 Asset-Pricing Implications of Biologically Based Non-Expected Utility
by Emil Iantchev - 511-526 Health Insurance and Precautionary Saving: A Structural Analysis
by Minchung Hsu - 527-539 Information Disclosure and Exchange Media
by David Andolfatto & Fernando Martin - 540-552 Frictional wage dispersion with Bertrand competition: an assessment
by Tamas Papp - 553-563 The (Un)importance of Geographical Mobility in the Great Recession"
by Siddharth Kothari & Itay Saporta Eksten & Edison Yu
April 2013, Volume 16, Issue 2
- 1-13 Open Borders
by John Kennan - 231-252 Wage Posting Without Full Commitment
by Matthew Doyle & Jacob Wong - 253-270 Search for Financial Returns and Social Security Privatization
by Alisdair McKay - 271-295 Fragility of Competitive Equilibrium with Risk of Default
by Gaetano Bloise & Pietro Reichlin & Mario Tirelli - 296-311 How do financial frictions affect the spending multiplier during a liquidity trap?
by Julio Carrillo & Celine Poilly - 312-331 Is Technological Change Biased Towards the Unskilled in Services? An Empirical Investigation
by Ariell Reshef - 332-349 Heterogeneous Labor Skills, The Median Voter and Labor Taxes
by Facundo Piguillem & Anderson Schneider - 350-370 The Effect of Social Security, Health, Demography and Technology on Retirement
by Pedro Cavalcanti Ferreira & Marcelo Rodrigues dos Santos - 371-382 Countercyclical Markups and News-Driven Business Cycles
by Oscar Pavlov & Mark Weder
January 2013, Volume 16, Issue 1
- 1-10 Misallocation and productivity
by Diego Restuccia & Richard Rogerson - 11-25 Distortions, Endogenous Managerial Skills and Productivity Differences
by Dhritman Bhattacharya & Nezih Guner & Gustavo Ventura - 26-38 Experimentation by Firms, Distortions, and Aggregate Productivity
by Alain Gabler & Markus Poschke - 39-58 Factor Market Distortions Across Time, Space, and Sectors in China
by Loren Brandt & Trevor Tombe & Xiadong Zhu - 59-85 India's Mysterious Manufacturing Miracle
by Albert Bollard & Peter Klenow & Gunjam Sharma - 86-99 Are China and India Backwards? Evidence from the 19th Century U.S. Census of Manufactures
by Nicolas Ziebarth - 100-119 Productivity and Misallocation During a Crisis: Evidence from the Chilean Crisis of 1982
by Ezra Oberfield - 120-134 Misallocation and Productivity Effects of the Smoot-Hawley Tariff
by Eric Bond & Mario Crucini & Joel Rodrigue & Tristan Potter - 135-158 Trade and Market Selection: Evidence from Manufacturing Plants in Colombia
by Marcela Eslava & John Haltiwanger & Adriana Kugler & Maurice Kugler - 159-176 Misallocation and Financial Market Frictions: Some Direct Evidence from the Dispersion in Borrowing Costs
by Simon Gilchrist & Jae W. Sim & Egon Zakrajsek - 177-193 Financing Constraints, Firm Dynamics, Export Decisions, and Aggregate Productivity
by Andrea Caggese & Vicente Cunat - 194-215 Quantifying the Impact of Financial Development on Economic Development
by Jeremy Greenwood & Juan Sanchez & Cheng Wang - 216-230 Well-Intended Policies
by Francisco Buera & Benjamin Moll & Yongseok Shin
October 2012, Volume 15, Issue 4
- 437-458 Transition to FDI Openness: Reconciling Theory and Evidence
by Ellen McGrattan - 459-478 Japan's Intangible Capital and Valuation of Corporations in a Neoclassical Framework
by Hiroki Arato & Katsunori Yamada - 479-500 Recursive Contracts, Lotteries and Weakly Concave Pareto Sets
by Harold Cole & Felix Kubler - 501-525 Recursive Methods for Incentive Problems
by Matthias Messner & Nicola Pavoni & Christopher Sleet - 526-550 Information Technology and the Rise of Household Bankruptcy
by Borghan Nezami Narajabad - 551-572 Optimal Taxation Over the Life Cycle
by Aspen Gorry & Ezra Oberfield - 573-592 Equilibrium Determinacy and Inflation Measures for Interest Rate Rules
by Marco Airaudo & Luis-Felipe Zanna
October 2012, Volume 15, Issue 3
- 317-335 Using Long-Run Consumption-Return Correlations to Test Asset Pricing Models
by Jianfeng Yu
July 2012, Volume 15, Issue 3
- 271-282 Production Chains
by David Levine - 283-294 Asset Illiquidity and Market Shutdowns in Competitive Equilibrium
by Hajime Tomura - 295-316 On the Effects of Rare Disasters and Uncertainty Shocks for Risk Premia in Non-Linear DSGE Models
by Martin Andreasen - 336-358 Financial Frictions and Total Factor Productivity: Accounting for the Real Effects of Financial Crises
by Sangeeta Pratap & Carlos Urrutia - 359-376 East Asian growth experience revisited from the perspective of a neoclassical model
by Shu-Shiuan Lu - 377-401 On the Dynamics of Interstate Migration: Migration Costs and Self-Selection
by Christian Bayer & Falko Juessen - 402-415 The Structural Transformation Between Manufacturing and Services and the Decline in the US GDP Volatility
by Alessio Moro - 416-435 Optimal Monetary Policy in a New Keynesian Model with Habits in Consumption
by Campbell Leith & Ioana Moldovan & Raffaele Rossi
April 2012, Volume 15, Issue 2
- 127-148 Reassessing the Ins and Outs of Unemployment
by Robert Shimer - 149-170 Running Out of Time: Limited Unemployment Benefits and Reservation Wages
by S. Nuray Akin & Brennan Platt - 171-187 The Anatomy of the Aggregate Labor Supply Elasticity
by Riccardo Fiorito & Giulio Zanella - 188-206 Computing DSGE Models with Recursive Preferences and Stochastic Volatility
by Dario Caldara & Jesus Fernandez-Villaverde & Juan Rubio-Ramirez & Wen Yao - 207-225 Hayashi Meets Kiyotaki and Moore: A Theory of Capital Adjustment
by Pengfei Wang & Yi Wen - 226-243 Bequest Motives and the Annuity Puzzle
by Lee Lockwood - 244-264 How Should Environmental Policy Respond to Business Cycles? Optimal Policy under Persistent Productivity Shocks
by Garth Heutel - 265-269 An application of business cycle accounting with misspecified wedges
by Masaru Inaba & Kengo Nutahara
January 2012, Volume 15, Issue 1
- 1-18 Modelling the Demand for Housing over the Lifecycle
by Orazio Attanasio & Renata Bottazzi & Hamish Low & Lars Nesheim & Matthew Wakefield - 19-40 Bond Risk Premiums and Optimal Monetary Policy
by Francisco Palomino - 41-56 Labor Market Cycles, Unemployment Insurance Eligibility, and Moral Hazard
by Miquel Faig & Min Zhang - 57-71 Economies with Observable Types
by Paolo Siconolfi & Aldo Rustichini - 72-93 International Trade, Exhaustible-Resource Abundance and Economic Growth
by Beatrix Gaitan & Terry Roe - 94-107 Demographic Change, Human Capital and Welfare
by Alexander Ludwig & Thomas Schelkle & Edgar Vogel - 108-126 Saving Rates and Portfolio Choice with Subsistence Consumption
by Carolina Achury & Sylwia Hubar & Christos Koulovatianos
October 2011, Volume 14, Issue 4
- 553-576 Sovereign default: which shocks matter?
by Bernardo Guimaraes - 577-591 Human Capital Accumulation and the Intertemporal Elasticity of Substitution of Labor: How Large is the Bias?
by Johanna Wallenius - 592-612 Monetary Business Cycle Accounting
by Roman Sustek - 613-635 The Dynamics of Inequality and Social Security in General Equilibrium
by Zheng Song - 636-649 Adult Nutrition and Growth
by Salam Abdus & Peter Rangazas - 650-666 Training, Search and Wage Dispersion
by Chao Fu - 667-685 Trade Agreements and International Comovements: the Case of NAFTA (North American Free Trade Agreement)
by Maria Bejan - 686-704 Cyclical Wage Movements in Emerging Markets Compared to Developed Economies: the Role of Interest Rates
by Nan Li - 705-724 Understanding the Effects of Technology Shocks
by Pengfei Wang & Yi Wen
July 2011, Volume 14, Issue 3
- 419-431 Israel 1983: A bout of unpleasant monetarist arithmetic?
by Thomas Sargent & Joseph Zeira - 432-442 Unique Monetary Equilibria with Interest Rate Rules
by Bernardino Adao & Isabel Correia & Pedro Teles - 443-454 Taxation, Investment and Asset Pricing
by Marika Santoro & Chao Wei - 455-474 Disagreements, employee spinoffs and the choice of technology
by Peter Thompson & Jing Chen - 475-495 Accounting for Research and Productivity Growth Across Industries
by Rachel Ngai & Roberto Samaniego - 496-510 Gains from Trade and Measured Total Factor Productivity
by Pedro Cavalcanti Ferreira & Alberto Trejos - 511-531 Do institutions matter for economic fluctuations? Weak property rights in a business cycle model for Mexico
by Konstantinos Angelopoulos & George Economides & Vanghelis Vassilatos - 532-548 Recreation, home production, and intertemporal substitution of female labor supply: evidence on the intensive margin
by Jorge Gonzalez Chapela - 549-552 Social security as Markov equilibrium in OLG models: a note
by Martin Gonzalez-Eiras
Arpil 2011, Volume 14, Issue 2
- 389-402 The Great Depression in Belgium from a Neoclassical Perspective
by Luca Pensieroso
April 2011, Volume 14, Issue 2
- 225-247 Firm-Specific Capital, Nominal Rigidities and the Business Cycle
by David Altig & Lawrence Christiano & Martin Eichenbaum & Jesper Linde - 248-261 Household Expenditures, Wages, Rents
by Morris A. Davis & Francois Ortalo-Magne - 262-278 The Return to Capital and the Business Cycle
by Paul Gomme & B. Ravikumar & Peter Rupert - 279-294 On borrowing limits and welfare
by Francesc Obiols-Homs - 295-316 Accounting for Output Drops in Latin America
by Ruy Lama - 317-338 On the Evolution of the US Consumer Wealth Distribution
by Thomas Hintermaier & Winfried Koeniger - 339-367 Learning, Ambiguity and Life-Cycle Portfolio Allocation
by Claudio Campanale - 368-383 Transitional Dynamics of Dividend and Capital Gains Tax Cuts
by Francois Gourio & Jianjun Miao - 384-388 Monopoly Power, Increasing Returns to Variety, and Local Indeterminacy
by Juin-jen Chang & Chun-chieh Huang & Hsiao-wen Hung - 403-417 Currency and Checking Deposits as Means of Payment
by Yiting Li
January 2011, Volume 14, Issue 1
- 1-2 Introduction to the special issue on the sources of business cycles
by Stephanie Schmitt-Grohe & Martin Uribe - 3-26 The Impact of Plant-level Resource Reallocations and Technical Progress on U.S. Macroeconomic Growth
by Amil Petrin & Jerome Reiter & Kirk White - 27-54 Understanding the Aggregate Effects of Anticipated and Unanticipated Tax Policy Shocks
by Karel Mertens & Morten Overgaard Ravn - 55-71 Information Flows and News Driven Business Cycles
by Eric Leeper & Todd Walker - 72-91 Modeling News-Driven International Business Cycles
by Paul Beaudry & Martial Dupaigne & Franck Portier - 92-101 News and knowledge capital
by Christopher Gunn & Alok Johri - 101-121 Investment Shocks and the Relative Price of Investment
by Alejandro Justiniano & Giorgio Primiceri & Andrea Tambalotti - 122-135 Business Cycles With A Common Trend in Neutral and Investment-Specific Productivity
by Stephanie Schmitt-Grohe & Martin Uribe - 136-155 Investment Specific Technology Shocks and International Business Cycles: An Empirical Assessment
by Federico Mandelman & Pau Rabanal & Juan Francisco Rubio-Ramirez & Diego Vilan - 156-175 What are the driving forces of international business cycles?
by Mario Crucini & Ayhan Kose & Christopher Otrok - 176-198 International Comovements, Business Cycle and Inflation: a Historical Perspective
by Haroon Mumtaz & Saverio Simonelli & Paolo Surico - 199-223 Oil Price Shocks and the Optimality of Monetary Policy
by Anna Kormilitsina
October 2010, Volume 13, Issue 4
- 725-741 Taxes and Female Labor Supply
by Remzi Kaygusuz - 742-758 A General Equilibrium Analysis of Parental Leave Policies
by Andres Erosa & Luisa Fuster & Diego Restuccia - 759-779 Matching frictions, unemployment dynamics and the cost of business cycles
by Jean-Olivier Hairault & Francois Langot & Sophie Osotimehin - 780-799 Estimating Mobility Rates in Search Models with Initial Condition Problems
by Gadi Barlevy & H. N. Nagaraja - 800-823 Reforming State Owned Enterprises in China: Effects of WTO Accession
by Claustre Bajona & Tianshu Chu - 824-842 Oil Crisis, Energy-Saving Technological Change and the Stock Market Crash of 1973-74
by Sami Alpanda & Adrian Peralta-Alva - 843-860 Rational Inattention, Long-run Consumption Risk, and Portfolio Choice
by Yulei Luo - 861-885 A Theory of Firm Decline
by Gian Luca Clementi & Thomas Cooley & Sonia Di Giannatale - 886-898 Existence of a continuum of equilibria in a monetary random-matching model
by Hideko Ishihara - 899-918 Global dynamics in repeated games with additively separable payoffs
by Takashi Kamihigashi & Taiji Furusawa - 919-933 Quantitative properties of sovereign default models: solution methods
by Juan Carlos Hatchondo & Leonardo Martinez & Horacio Sapriza
July 2010, Volume 13, Issue 3
- 487-513 Trade, Growth, and Convergence in a Dynamic Heckscher-Ohlin Model
by Claustre Bajona & Timothy Kehoe - 514-536 Entry and Exit Echoes
by Boyan Jovanovic & Chung-Yi Tse - 537-558 Owning Capital or Being Shareholders: An Equivalence Result with Incomplete Markets
by Eva Carceles-Poveda & Daniele Coen Pirani - 559-574 Social Memory, Evidence, and Conflict
by Luca Anderlini & Dino Gerardi & Roger Lagunoff - 575-596 Rent Rigidity, Asymmetric Information, and Volatility Bounds in Labor
by Bjoern Bruegemann & Giuseppe Moscarini - 597-615 A Life-Cycle Analysis of Social Security with Housing
by Kaiji Chen - 616-636 From Malthusian War to Solowian Peace
by Nils-Petter Lagerlof - 637-653 Multi-player Bargaining with Endogenous Capacity
by Gabriele Camera & Cemil Selcuk - 654-686 Inflation and Output Dynamics in a Model with Labor Market Search and Capital Accumulation
by Burkhard Heer & Alfred Maussner - 687-700 Markets and Relationships in a Learning Economy
by Luis Araujo & Raoul Minetti - 701-714 Finite State Markov-chain Approximations to Highly Persistent Processes
by Karen Kopecky & Richard Suen - 715-724 Productivity, Energy Prices and the Great Moderation: A New Link
by Rajeev Dhawan & Karsten Jeske & Pedro Silos
April 2010, Volume 13, Issue 2
- 265-294 How Much Does Household Collateral Constrain Regional Risk Sharing?
by Hanno Lustig & Stijn Van Nieuwerburgh - 295-316 Monetary policy with Heterogeneous Agents and Borrowing Constraints
by Yann Algan & Xavier Ragot - 317-332 Incomplete Cost Pass-Through Under Deep Habits
by Morten Overgaard Ravn & Stephanie Schmitt-Grohe & Martin Uribe - 333-349 Unobservable Persistent Productivity and Long Term Contracts
by Hugo Hopenhayn & Arantxa Jarque - 350-378 Optimal Personal Bankruptcy Design under Moral Hazard
by Borys Grochulski - 379-402 Asset Pricing in a Production Economy with Chew-Dekel Preferences
by Claudio Campanale & Rui Castro & Gian Luca Clementi - 403-423 Credible Redistributive Policies and Migration across US States
by Roc Armenter & Francesc Ortega - 424-451 Demographic Transition and Industrial Revolution: A Macroeconomic Investigation
by Michael Bar & Oksana Leukhina - 452-469 Fiscal Policy and Default Risk in Emerging Markets
by Gabriel Cuadra & Juan Sanchez & Horacio Sapriza - 470-486 Endogenous Money, Inflation and Welfare
by Espen Henriksen & Finn Kydland
January 2010, Volume 13, Issue 1
- 1-14 Cross Sectional Facts for Macroeconomists
by Dirk Krueger & Fabrizio Perri & Luigi Pistaferri & Giovanni L. Violante - 15-51 Unequal We Stand: An Empirical Analysis of Economic Inequality in the United States: 1967-2006
by Jonathan Heathcote & Fabrizio Perri & Giovanni L. Violante - 52-75 Consumption, Income, and Wealth Inequality in Canada
by Matthew Brzozowski & Martin Gervais & Paul Klein & Michio Suzuki - 76-102 Consumption, Income and Earnings Inequality in Britain
by Richard Blundell & Ben Etheridge - 103-132 Inequality Trends for Germany in the Last Two Decades: A Tale of Two Countries
by Nicola Fuchs-Schuendeln & Dirk Krueger & Mathias Sommer - 133-153 Does Consumption Inequality Track Income Inequality in Italy?
by Tullio Jappelli & Luigi Pistaferri - 154-178 Spain is Different: Falling Trends of Inequality
by Josep Pijoan-Mas & Virginia Sanchez-Marcos - 179-208 Inequality Trends in Sweden 1978-2004
by David Domeij & Martin Floden - 209-237 Inequality and Volatility Moderation in Russia: Evidence from Micro-Level Panel Data on Consumption and Income
by Yuriy Gorodnichenko & Klara Sabirianova Peter & Dmitriy Stolyarov - 238-264 Mexico in the 1990s: the Main Cross-Sectional Facts
by Chiara Binelli & Orazio Attanasio
October 2009, Volume 12, Issue 4
- 543-566 Model Uncertainty and Liquidity
by Bryan Routledge & Stanley Zin - 567-591 Schumpeterian Business Cycles with Pro-Cyclical R&D
by Patrick Francois & Huw Lloyd-Ellis - 592-607 Technology shocks around the world
by Martial Dupaigne & Patrick Feve - 608-631 A Positive Theory of Government Debt
by Fernando Martin - 632-647 The Cost of Labor Adjustment: Inferences from the Gap
by Russell Cooper & Jonathan Willis - 648-667 The Industry Life-Cycle of the Size Distribution of Firms
by Emin Dinlersoz & Glenn MacDonald - 668-677 Fashion Statement
by Ted Temzelides - 678-696 Macroeconomic Effects of Financial Policy
by Yann Algan & Olivier Allais & Eva Carceles-Poveda - 697-717 Relative Underperformance Alla Turca
by Tasso Adamopoulos & Ahmet Akyol - 718-735 Optimal Savings with Taxable and Tax-Deferred Accounts
by Francisco Gomes & Alexander Michaelides & Valery Polkovnichenko - 736-754 Delivering Endogenous Inertia in Prices and Output
by Alok Johri