Content
July 2009, Volume 12, Issue 3
- 393-402 Revisiting the Welfare Effects of Eliminating Business Cycles
by Per Krusell & Toshihiko Mukoyama & Aysegul Sahin & Anthony A. Smith, Jr. - 405-422 Asset Prices and Business Cycles under Market Incompleteness
by Eva Carceles-Poveda - 423-443 Consumption over the Life Cycle: How Different is Housing?
by Fang Yang - 444-468 The Loan Structure and Housing Tenure Decisions in an Equilibrium Model of Mortgage Choice
by Matt Chambers & Carlos Garriga & Don Schlagenhauf - 469-478 The Stationary Distribution of Wealth under Progressive Taxation
by Daniel R. Carroll & Eric R. Young - 479-504 Product Market Deregulation and the U.S. Employment Miracle
by Monique Ebell & Christian Haefke - 505-522 Entrepreneurship and Productivity: The Slow Growth of the Planned Economies
by Claustre Bajona & Luis Locay - 523-542 A Tale of Two States: Maharashtra and West Bengal
by Amartya Lahiri & Kei-Mu Yi
April 2009, Volume 12, Issue 2
- 233-254 Dynamics of city formation
by Vernon Henderson & Anthony Venables - 255-283 Euler Equation Errors
by Martin Lettau & Sydney Ludvigson - 284-303 Asymmetric Expectation Effects of Regime Shifts in Monetary Policy
by Zheng Liu & Daniel Waggoner & Tao Zha - 304-326 Time Varying U.S. Inflation Dynamics and the New Keynesian Phillips Curve
by Kevin Lansing - 327-343 Output, Inflation, and Interest Rates in an Estimated Optimizing Model of Monetary Policy
by Benjamin Keen - 344-362 Transactions, Credit, and Central Banking in a Model of Segmented Markets
by Stephen D. Williamson - 363-376 Yet Another Reason to Tax Goods
by Carlos E. da Costa - 377-391 Aid Effectiveness and Limited Enforceable Conditionality
by Almuth Scholl
January 2009, Volume 12, Issue 1
- 1-22 Empirical Applications of Discrete Choice Dynamic Programming Models
by Michael P. Keane & Kenneth I. Wolpin - 23-36 Lifetime Aggregate Labor Supply with Endogenous Workweek Length
by Edward C. Prescott & Richard Rogerson & Johanna Wallenius - 37-57 Optimal Unemployment Insurance in an Estimated Job Search Model with Savings
by Rasmus Lentz - 58-79 An Empirical Investigation of Labor Income Processes
by Fatih Guvenen - 80-107 Production, Market Production and the Gender Wage Gap: Incentives and Expectations
by Stefania Albanesi & Claudia Olivetti - 108-128 An Equilibrium Search Model with Optimal Wage-Experience Contracts
by Carlos Carrillo-Tudela - 129-146 The Aggregate Labor Market Effects of the Swedish Knowledge Lift Program
by James Albrecht & Gerard van den Berg & Susan Vroman - 147-167 Delaying Retirement in Spain
by Javier Diaz-Gimenez & Julian Diaz-Saavedra - 168-182 Education, Sectoral Composition and Growth
by Joseph K. Kaboski - 183-204 Labor Markets and Productivity in Developing Countries
by Mathan Satchi & Jonathan Temple - 205-231 The Federal Student Loan Program: Quantitative Implications for College Enrollment and Default Rates
by Felicia Ionescu
October 2008, Volume 11, Issue 4
- 707-720 Policy Distortions and Aggregate Productivity with Heterogeneous Plants
by Diego Restuccia & Richard Rogerson - 721-744 Macroeconomic Implications of Size-Dependent Policies
by Nezih Guner & Gustavo Ventura & Xu Yi - 745-760 Privatization's Impact on Private Productivity: The Case of Brazilian Iron Ore
by James A. Schmitz, Jr. & Arilton Teixeira - 761-780 Heterogeneous Risk Preferences and the Welfare Cost of Business Cycles
by Sam Schulhofer-Wohl - 781-803 Efficient Allocations with Moral Hazard and Hidden Borrowing and Lending: A Recursive Formulation
by Arpad Abraham & Nicola Pavoni - 804-819 Are Shocks to the Terms of Trade Shocks to Productivity?
by Timothy J. Kehoe & Kim J. Ruhl - 820-835 Measuring Factor Income Shares at the Sector Level
by Akos Valentinyi & Berthold Herrendorf - 836-851 Factor Saving Innovations and Factor Income Shares
by Hernando Zuleta - 852-883 Aggregate Investment Expenditures on Tradable and Nontradable Goods
by Rudolfs Bems - 884-903 Social Security with Rational and Hyperbolic Consumers
by Hans Fehr & Christian Habermann & Fabian Kindermann - 904-916 Energy Prices and the Expansion of World Trade
by Benjamin Bridgman
July 2008, Volume 11, Issue 3
- 473-492 Productivity and U.S. Macroeconomic Performance: Interpreting the Past and Predicting the Future with a Two-Sector Real Business Cycle Model
by Peter Ireland & Scott Schuh - 493-514 Nominal Debt as a Burden on Monetary Policy
by Javier Diaz-Gimenez & Giorgia Giovannetti & Ramon Marimon & Pedro Teles - 515-528 Purification in the Infinitely-Repeated Prisoners' Dilemma
by V. Bhaskar & George J. Mailath & Stephen Morris - 529-541 Entry, Exit and Business Cycles in a General Equilibrium Model
by Roberto M. Samaniego - 542-565 Income Distribution, Market Size and the Evolution of Industry
by Zhu Wang - 566-583 Consumption over the Life Cycle: The Role of Annuities
by Gary Hansen & Selahattin Imrohoroglu - 584-613 On the User Cost and Homeownership
by Antonia Diaz & Maria Jose Luengo Prado - 614-628 Marriage, Commitment and Divorce in a Matching Model with Differential Aging
by Adrian Masters - 629-651 Asset Pricing with Adaptive Learning
by Eva Carceles-Poveda & Chryssi Giannitsarou - 652-663 Knightian Uncertainty and Poverty Trap in a Model of Economic Growth
by Shin-ichi Fukuda - 664-678 Worker Heterogeneity and Labor Market Volatility in Matching Models
by Michael Pries - 679-687 Dynamic efficiency and intergenerational altruism
by Emmanuel Thibault - 688-705 International Asset Markets and Real Exchange Rate Volatility
by Martin Bodenstein
April 2008, Volume 11, Issue 2
- 239-256 Trends in Hours and Economic Growth
by L. Rachel Ngai & Christopher A. Pissarides - 257-282 Land Inequality and the Transition to Modern Growth
by Tasso Adamopoulos - 283-301 The American Frontier: Technology versus Immigration
by Guillaume Vandenbroucke - 302-313 Capital-Skill Complementarity and Inequality: A Sensitivity Analysis
by Linnea Polgreen & Pedro Silos - 314-334 Investment-Specific Technological Change, Skill Accumulation, and Wage Inequality
by Hui He & Zheng Liu - 335-365 Capital-Skill Complementarity and the Immigration Surplus
by Michael Ben-Gad - 366-385 Consumption Dynamics under Information Processing Constraints
by Yulei Luo - 386-412 Strategic Experimentation and Disruptive Technological Change
by Fabiano Schivardi & Martin Schneider - 413-433 Learning investment and industrial diversity in urban growth
by Chung-Yi Tse - 434-448 Nominal Wage Contracts, Labor Adjustment Costs and the Business Cycle
by Zuzana Janko - 449-471 A Neoclassical Analysis of The Korean Crisis
by Keisuke Otsu
January 2008, Volume 11, Issue 1
- 1-17 Electoral Design and Voter Welfare from the U.S. Senate: Evidence from a Dynamic Selection Model
by Gautam Gowrisankaran & Matthew F. Mitchell & Andrea Moro - 18-43 Political Economy of Taxation in an Overlapping-Generations Economy
by Marco Bassetto - 44-69 Entrepreneurship, taxation and capital investment
by Sagiri Kitao - 70-82 Aggregate Savings When Individual Income Varies
by Martin Floden - 83-103 Social Security with Uninsurable Income Risk and Endogenous Borrowing Constraints
by Juan A. Rojas & Carlos Urrutia - 104-132 Payment networks in a search model of money
by Antoine Martin & Michael Orlando & David Skeie - 133-154 Capital Tax, Minimum Wage, and Labor Market Outcomes
by Alok Kumar - 155-178 The Financial Accelerator in an Estimated New Keynesian Model
by Ian Christensen & Ali Dib - 179-191 The 1980s Recession in the UK: A Business Cycle Accounting Perspective
by Erasmus Kersting - 192-206 International trade and the sectoral composition of production
by E. Cristina Echevarria - 207-219 Growth enhancing policy is the means to sustain the environment
by George Economides & Apostolis Philippopoulos - 220-236 Dynamic Bilateral Bargaining under Private Information with a Sequence of Potential Buyers
by Roman Inderst - 237-237 Corrigendum to "Continuous time limits of repeated games with imperfect public monitoring"
by Drew Fudenberg & David Levine
October 2007, Volume 10, Issue 4
- 519-548 Asset Pricing with Idiosyncratic Risk and Overlapping Generations
by Kjetil Storesletten & Chris Telmer & Amir Yaron - 549-575 Class, Gender and Marriage
by Gillian Hamilton & Aloysius Siow - 576-594 The welfare cost of imperfect competition and distortionary taxation
by Magnus Jonsson - 595-614 Monetary Policy, Oil Shocks, and TFP: Accounting for the Decline in U.S. Volatility
by Sylvain Leduc & Keith Sill - 615-645 Endogenous Growth Through Investment-Specific Technological Change
by Greg Huffman - 646-675 Increasing Returns to Savings and Wealth Inequality
by Claudio Campanale - 676-704 Capital and growth with oligarchic property rights
by Serguey Braguinsky & Roger Myerson - 705-728 Barriers to network-specific investment
by Antoine Martin & Michael Orlando - 729-760 A Theory of Competitive Industry Dynamics With Innovation and Imitation
by Serguey Braguinsky & Salavat Gabdrakhmanov & Atsushi Ohyama - 761-779 Monetary Policy and Asset Prices
by Athanasios Geromichalos & Juan M Licari & Jose Suarez-Lledo
July 2007, Volume 10, Issue 3
- 327-347 More on Unemployment and Vacancy Fluctuations
by Dale Mortensen & Eva Nagypal - 348-366 Shocks and the Unavoidable Road to Higher Taxes and Higher Unemployment
by Wouter Denhaan - 367-399 The Career and Family Choices of Women: A Dynamic Analysis of Labor Force Participation, Schooling, Marriage and Fertility Decisions
by Michelle Sheran Sylvester - 400-423 Asset Accumulation and Short Term Employment
by Martin Browning & Thomas F. Crossley & Eric F. Smith - 424-443 How Amenities Affect Job and Wage Choices Over the Life Cycle
by Ed Nosal & Peter Rupert - 444-471 Limited Duration Employment
by Eric F. Smith - 472-493 The Effects of Longevity and Distortions on Education and Retirement
by Pedro Cavalcanti Ferreira & Samuel de Abreu Pessoa - 494-518 On-the-Job Human Capital Accumulation in a Real Business Cycle Model: Implications for Intertemporal Substitution Elasticity and Labor Hoarding
by Daehaeng Kim & Chul-In Lee
April 2007, Volume 10, Issue 2
- 173-192 Continuous Time Limits of Repeated Games with Imperfect Public Monitoring
by Drew Fudenberg & David Levine - 193-206 The Fiscal Theory of the Price Level and Initial Government Debt
by Betty Daniel - 207-237 Model Uncertainty and Endogenous Volatility
by William Branch & George W. Evans - 238-255 Technology Shocks, Non-stationary Hours and DSVAR
by Martial Dupaigne & Patrick Feve & Julien Matheron - 256-275 Asset Prices, Nominal Rigidities, and Monetary Policy
by Charles T. Carlstrom & Timothy Fuerst - 276-293 Technological Complexity and Economic Growth
by Mihaela Iulia Pintea & Peter Thompson - 294-326 Education For All: A Welfare-Improving Course for Africa?
by Elisabeth Caucutt & Krishna B. Kumar
January 2007, Volume 10, Issue 1
- 1-30 Uninsured Idiosyncratic Investment Risk and Aggregate Saving
by George-Marios Angeletos - 31-54 Time-Consistent Fiscal Policy and Heterogeneous Agents
by Roc Armenter - 55-77 Social Security and Demographic Trends: Theory and Evidence from the International Experience
by Isaac Ehrlich & Jinyoung Kim - 78-105 Technological Innovation and Market Turbulence: The Dot-com Experience
by Zhu Wang - 106-125 The Impact of Disembodied Technological Progress on Unemployment
by Julien Prat - 126-147 The Inflation Tax in an Open Economy with Imperfect Competition
by David Arseneau - 148-171 Staggered Wages, Financial Frictions, and the International Comovement Problem
by Yossi Yakhin
October 2006, Volume 9, Issue 4
- 557-587 Changes in Women's Hours of Market Work: The Role of Returns to Experience
by Claudia Olivetti - 588-611 Entry Costs and Stock Market Participation over the Life Cycle
by Sule Alan - 612-639 Optimal Income Taxation with Human Capital Accumulation and Limited Record Keeping
by Marek Kapicka - 640-658 Multi-Dimensional Risk and the Cost of Business Cycles
by Tom Krebs - 659-682 How Important is the Intermediate Input Channel in Explaining Sectoral Employment Comovement over the Business Cycle?
by Young Sik Kim & Kunhong Kim - 683-714 Optimal Fiscal and Monetary Policy with Sticky Wages and Sticky Prices
by Sanjay K. Chugh - 715-741 Payment uncertainty, the division of labor, and productivity declines in great depressions
by Keiichiro Kobayashi - 742-762 Central Bank Instruments, Fiscal Policy Regimes, and the Requirements for Equilibrium Determinacy
by Andreas Schabert
July 2006, Volume 9, Issue 3
- 365-409 Understanding Differences in Hours Worked
by Richard Rogerson - 410-437 Credibility and endogenous societal discounting
by Christopher Sleet & Sevin Yeltekin - 438-454 Optimal Oil Taxation in a Small Open Economy
by Carlos de Miguel & Baltasar Manzano - 455-482 The Role of Agriculture in Aggregate Business Cycles
by Jose Maria Da Rocha & Diego Restuccia - 483-507 Specific factors meet intermediate inputs: implications for the persistence problem
by Kevin Huang - 508-524 Learning-by-Doing or Habit Formation?
by Hafedh Bouakez & Takashi Kano - 525-540 A Simple Explanation of the Relative Performance Evaluation Puzzle
by Marco Celentani & Rosa Loveira - 541-556 Optimal divisibility when money is costly to produce
by Manjong Lee & Neil Wallace
April 2006, Volume 9, Issue 2
- 211-223 Redistribution, Taxes and the Median Voter
by Marco Bassetto & Jess Benhabib - 224-241 Employment Protection and High-Tech Aversion
by Roberto M. Samaniego - 242-262 The Labor-Supply Elasticity and Borrowing Constraints: Why Estimates are Biased
by David Domeij & Martin Floden - 263-283 Strong Contagion with Weak Spillovers
by Martin Ellison & Liam Graham & Jouko Vilmunen - 284-309 Learning Stability in Economies with Heterogeneous Agents
by Seppo Honkapohja & Kaushik Mitra - 310-325 Two-Speed Evolution with Pre-Play Communication and Limited Flexibility
by Kenichi Amaya - 326-352 Precautionary Savings or Working Longer Hours?
by Josep Pijoan-Mas - 353-363 Quantifying Borrowing Constraints and Precautionary Savings
by Makoto Nirei
January 2006, Volume 9, Issue 1
- 1-33 Robustness and Information Processing
by Kenneth Kasa - 34-51 Empirical Proxies for the Consumption-Wealth Ratio
by Jeremy Rudd & Karl Whelan - 52-67 Human Capital Investment and Debt Constraints
by David Andolfatto & Martin Gervais - 68-92 A search model of centralized and decentralized trade
by Jianjun Miao - 93-115 A Simple Economic Theory of Skill Accumulation and Schooling Decisions
by William Blankenau & Gabriele Camera - 116-142 The Galor-Weil Model Revisited: A Quantitative Exercise
by Nils-Petter Lagerlöf - 143-152 The Dynamics of the Jones R&D Growth Model
by Lutz G. Arnold - 153-178 Markov-Perfect Optimal Taxation
by Salvador Ortigueira - 179-209 Trade Deficits in the Baltic States: How Long Will the Party Last?
by Rudolfs Bems & Kristian Jönsson Hartelius
October 2005, Volume 8, Issue 4
- 777-779 Present at the creation: Reflections on the 2004 Nobel Prize to Finn Kydland and Edward Prescott
by Robert E. Lucas, Jr. - 780-804 Fluctuations in Convex Models of Endogenous Growth I: Growth Effects
by Larry E. Jones & Rodolfo E. Manuelli & Henry E. Siu & Ennio Stacchetti - 805-828 Fluctuations in Convex Models of Endogenous Growth II: Business Cycle Properties
by Larry E. Jones & Rodolfo E. Manuelli & Henry E. Siu - 829-849 Labor Market Search, Sticky Prices, and Interest Rate Policies
by Carl E. Walsh - 850-865 Capacity constraints, asymmetries, and the business cycle
by Gary D. Hansen & Edward C. Prescott - 866-876 How Barriers to International Trade Affect TFP
by Berthold Herrendorf & Arilton Teixeira - 877-901 The Optimality of a Control Band Policy
by Jose M. Plehn-Dujowich - 902-926 Public policies as specification errors
by Casey B. Mulligan - 927-944 Bargaining with a Possibly Committed Seller
by Roman Inderst - 945-975 Self-Insurance in a Life-Cycle Model of Labor Supply and Savings
by Hamish Low
July 2005, Volume 8, Issue 3
- 600-622 Reputation in a Model with a Limited Debt Structure
by Begona Dominguez Manzano - 623-650 Optimal Capital Taxation and Labor Market Search
by David Domeij - 651-667 Interest Rate Rules, Price Determinacy and the Value of Money in a non Ricardian World
by Jean-Pascal Benassy - 668-687 Credit Shocks in the Financial Deregulatory Era: Not the Usual Suspects
by Szilárd Benk & Max Gillman & Michal Kejak - 688-719 Entrepreneurship, Wealth Inequality, and Taxation
by Cesaire Meh - 720-730 Evolution of the Relative Price of Goods and Services in a Neoclassical Model of Capital Accumulation
by Vladimir Klyuev - 731-748 Active and Passive Monetary Policy in an Overlapping Generations Model
by Gerhard Sorger - 749-758 The Swiss Disease: Facts and Artefacts, A Reply to Kehoe and Prescott
by Yngve Abrahamsen & Roland Aeppli & Erdal Atukeren & Michael Graff & Christian Müller & Bernd Schips - 759-775 Is Switzerland in a Great Depression?
by Timothy J. Kehoe & Kim J. Ruhl
Juky 2005, Volume 8, Issue 3
- 565-599 Income Taxation and Marital Decisions
by Hector Chade & Gustavo Ventura
April 2005, Volume 8, Issue 2
- 257-261 Monetary policy and learning
by Lee E. Ohanian & Marco Del Negro & Tao Zha - 262-302 Drift and Volatilities: Monetary Policies and Outcomes in the Post WWII U.S
by Timothy Cogley & Thomas J. Sargent - 303-323 Policy Interaction, Expectations and the Liquidity Trap
by George W. Evans & Seppo Honkapohja - 324-359 Did the Great Inflation Occur Despite Policymaker Commitment to a Taylor Rule?
by James Bullard & Stefano Eusepi - 360-391 Impacts of Priors on Convergence and Escapes from Nash Inflation
by Thomas J. Sargent & Noah Williams - 392-419 Learning and Monetary Policy Shifts
by Frank Schorfheide - 420-451 Changing Beliefs and the Term Structure of Interest Rates: Cross-Equation Restrictions with Drifting Parameters
by Timothy Cogley - 452-479 Money and Prices in Models of Bounded Rationality in High Inflation Economies
by Albert Marcet & Juan Pablo Nicolini - 480-497 Knowing the Forecasts of Others
by Joseph G. Pearlman & Thomas J. Sargent - 498-527 Inflation scares and forecast-based monetary policy
by Athanasios Orphanides & John C. Williams - 528-563 The conquest of US inflation: Learning and robustness to model uncertainty
by Timothy Cogley & Thomas J. Sargent
January 2005, Volume 8, Issue 1
- 1-27 Investment, Capacity, and Uncertainty: A Putty-Clay Approach
by Simon Gilchrist & John C. Williams - 28-47 Incentive Compatibility and Pricing under Moral Hazard
by Belen Jerez - 48-67 Habit Persistence, Money Growth Rule and Real Indeterminacy
by Stephane Auray & Fabrice Collard & Patrick Feve - 68-88 A Two-Country Model of Endogenous Growth
by Roger E. A. Farmer & Amartya Lahiri - 89-105 Sectoral Shocks, Specific Human Capital and Displaced Workers
by Richard Rogerson - 106-137 Frictional Assignment, Part II: Infinite Horizon and Inequality
by Shouyong Shi - 138-153 Occupational Choice and Dynamic Indeterminacy
by Kazuo Mino & Koji Shimomura & Ping Wang - 154-177 Keynesian Conundrum: Multiplicity and Time Consistent Stabilization
by Bill Dupor - 178-194 Social Security as Markov Equilibrium in OLG Models
by Lorenzo Forni - 195-230 Economic Development and Growth in the World Economy
by Rui Castro - 231-255 Persistence without too much price stickiness: the role of variable factor utilization
by Katharine S. Neiss & Evi Pappa
October 2004, Volume 7, Issue 4
- 789-826 Multinationals and the Gains from International Diversification
by Patrick F. Rowland & Linda L. Tesar - 827-850 Farm Work, Home Work, and International Productivity Differences
by Douglas Gollin & Stephen L. Parente & Richard Rogerson - 851-868 Trade Mechanism Selection in Markets with Frictions
by Gabriele Camera & Alain Delacroix - 869-899 Avoiding Nash Inflation: Bayesian and Robus Responses to Model Uncertainty
by Robert Tetlow & Peter von zur Muehlen - 900-915 Rat Race, Redistribution, and Growth
by Guido Cozzi - 916-931 Labor's Share Fluctuations, Biased Technical Change, and the Business Cycle
by Andrew Young - 932-957 On the Interaction between Education and Social Security
by Juan A. Rojas
July 2004, Volume 7, Issue 3
- 519-540 Capital-Skill Complementarity and Inequality Over the Business Cycle
by Matthew J. Lindquist - 541-554 Figuring out the Impact of Hidden Savings on Optimal Unemployment Insurance
by Narayana Kocherlakota - 555-585 Hecksher-Ohlin Business Cycles
by Alejandro Cunat & Marco Maffezzoli - 586-612 Intermediation Costs and Capital Flows
by Ayse Imrohoroglu & Krishna B. Kumar - 613-641 Price Rigidity and Price Dispersion: Evidence from Micro Data
by Eyal Baharad & Benjamin Eden - 642-667 Staggered Prices and Trend Inflation: Some Nuisances
by Guido Ascari - 668-686 Concentration of Capital Ownership and Investment Fluctuations
by Zvi Hercowitz - 687-706 Persistent, Nonfundamental Exchange Rate Fluctuations
by Irasema Alonso - 707-736 Neoclassical Growth and Commodity Trade
by Alejandro Cunat & Marco Maffezzoli