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Content
2004
- 879 Macroeconomic Implications of Restrictions on Size
by Xu Yi & Nezih Guner & Gustavo Ventura
- 878 Firm Size Dynamics in the Aggregate Economy
by Mark L.J. Wright & Esteban Rossi-Hansberg
- 877 Estimating the Welfare Gains from Responsive Pricing: Evidence from an Internet Cafe
by Mario Pagliero & Pascal Courty
- 876 Epiphany: A Search Theoretic Approach to Modelling Boundedly Rational Agents
by Eliot Maenner & Derek Laing
- 874 Fiscal Crisis Resolution: Taxation Versus Inflation
by Michael Kumhof
- 871 Caller Number Five: Timing Games that Morph From One Form to Another
by Andreas Park & Lones Smith
- 868 Enforcement and Firm Finance
by Anne Villamil & Stefan Krasa & Tridib Sharma
- 867 Safety in Markets: An Impossibility Theorem for Dutch Books
by Leeat Yariv & David Laibson
- 865 When Can Changes in Expectations Cause Business Cycle Fluctuations?
by Franck Portier & Paul Beaudry
- 864 Why Women Work: Disentangling the Role of Marriage Prospects and Intra-Household Behavior
by Alessandra Fogli & Raquel Fernandez
- 863 Equilibrium Commodity Prices with Irreversible Investment and Non-Linear Technology
by Jaime Cacassus & Pierre Collin-Dufresne
- 833 Wage growth due to human capital accumulation and job search: The United States versus West-Germany
by Uta Schoenberg
- 830 Patterns of Occupational Mobility
by Eva Nagypal
- 828 Precautionary versus Transactions Motive: The Effects of Aggregate Fluctuations in a Monetary Economy
by Brian Peterson
- 826 Optimal Monetary Policy with Endogenous Capital Accumulation
by David Lopez-Salido & Andrew T. Levin
- 825 Housing v. Financial Wealth: a Cross-Country Comparison
by Monika Piazzesi & Martin Schneider
- 823 A Competitive Theory of Credit Scoring
by Satyajit Chatterjee & Dean Corbae
- 822 Accounting for the Rise in Consumer Bankruptcies in the U.S. and Canada
by Igor Livshits & Jim MacGee
- 821 Estimating Default Risk Premia from Default Swap Rates and EDFs
by Antje Berndt & Rohan Douglas
- 819 An Equilibrium Search Model of Industry Dynamics
by Alessandro Barbarino
- 816 Consumption and Work Effort over the Lifecycle
by Gary D. Hansen & Selahattin Imrohoroglu
- 814 Why Do Firms Hold Inventories?
by Lawrence J. Christiano
- 813 Monetary Policy with State Contingent Interest Rates
by Pedro Teles & Bernardino Adao & Isabel Correia
- 812 Corporate Investment and Asset Price Dynamics: Implications for Post-SEO Performance
by Ron Giammarino & Murray Carlson & Adlai Fisher
- 807 An Experimental Test of Risk-Sharing Arrangements
by Garance Genicot & Gary Charness
- 806 Investment and Asset Prices with Financing Constraints
by Amir Yaron & Joao Gomes
- 805 Producing the Right Pond: Colleges as Network Creators
by Christopher R. Makler
- 804 Endogenous Rigidities and Real Exchange Rates
by Margarida Duarte & Michael Dotsey
- 802 An Anatomy of International Trade: Evidence from French Firms
by Jonathan Eaton & Samuel Kortum
- 797 Correlation of Traits in Married Couples: Assortative Matching or Just Who you Meet?
by Ramya Sundaram
- 797a Producing the Right Pond: Colleges as Network Creators
by Chris Makler
- 797b A Matching Model of the Housing Market: Searching for a Motivated Partner
by Susanne Vroman
- 797c Black-White Intermarriage
by Linda Wong
- 794 Optimal severance pay in a matching model
by Giulio Fella
- 792 Twin Deficit or Twin Divergence? Fiscal Policy, Real Exchange Rate, and the Current Account in the U.S
by Soyoung Kim & Nouriel Roubini
- 786 Accounting for the Cross--country Differences in Income and Physical and Human Capital
by Akos Valentinyi & Berthold Herrendorf
- 785 Money and Modern Bank Runs
by David R. Skeie
- 784 The Absentminded Consumer
by John Leahy & Andrew Caplin
- 774 Lumpy Investment, Sectoral Propagation, and Business Cycles
by Makoto Nirei
- 770 Data Revisions in General Equilibrium
by S. Boragan Aruoba
- 767 Technology Licensing and Technology Alliances
by Cristian Dezso & Luis M B Cabral
- 766 Exchange rate overshooting and the costs of floating
by Nouriel Roubini & Michele Cavallo & Kate Kisselev
- 762 A Political Model Sovereign Debt Repayment
by Manuel Amador
- 760 Why do Europeans Work so Little?
by Conny Olovsson
- 759 The Missing Link: Product Market Regulation, Collective Bargaining and the European Unemployment Puzzle
by Christian Haefke & Monique Ebell
- 757 Equilibrium in a Dynamic Limit Order Market
by Ronald L. Goettler & Christine A. Parlour
- 753 Minimum wages and compliance in markets with search frictions
by Zvi Eckstein & Suqin Ge
- 752 Endogeous Monitoring
by Michihiro Kandori & Ichiro Obara
- 746 Why Emergency Lending Facilities Go Unused
by Leonardo Bartolini & Allan Drazen
- 744 Trade Policy and South Korea's Growth Miracle
by Michelle Connolly & Kei-Mu Yi
- 740 Estimation of an Entry Model with Discrete Product Differentiation and Multiple Equilibria: An Empirical Analysis of Competition Between Banks and Thrifts
by Andrew Cohen & Mark D. Manuszak
- 729 New and Used Capital
by Adriano Rampini & Andrea Eisfeldt
- 723 Optimal plaintiff incentives when courts are imperfect
by Philip Bond
- 721 Sequential Innovation, Network Effects and the Choice of Compatibility
by Michael Manove & Gerard Llobet
- 720 Silicon Valley versus Route 128: A Search and Contracting Approach
by Ã…sa Rosen & Espen R. Moen
- 719 Productivity Growth and the Trade Balance in the 1990s: the Role of Evolving Perceptions
by Luca Guerrieri & Christopher Erceg
- 717 Industry Dynamics and Secondary Markets: Theory and Evidence from Commercial Aviation
by Alessandro Gavazza
- 714 On the Optimal Tax Schedule
by Radim Bohacek & Michal Kejak
- 692 Land of Addicts? An Empirical Investigation of Habit-Based Asset Pricing Models
by Sydney Ludvigson & Xiaohong Chen
- 689 Optimal taxation with persistent shocks
by Marek Kapicka
- 688 Capital Gains Taxes, Irreversible Investment, and Capital Structure
by Norman Schuerhoff
- 686 On the Age and Size Distribution of Business Firms
by Erzo G.J. Luttmer
- 685 Investor Protection and Exchange Rates
by Neng Wang & Rui Albuquerque
- 684 Time Consistency in Dynamic Bargaining: The Role of Committees as Substitutes for Commitment
by Alessandro Riboni
- 683 How do households smooth earnings fluctuations: what can we learn from Consumer Expenditure Data?
by Fabrizio Perri & Dirk Krueger
- 681 The Technology of Skill Formation
by James Heckman & Pedro Carneiro & Flavio Cunha
- 677 Uncertainty and Long Term Labor Contracts
by Cesaire Meh & Martin Gervais & Igor Livshits
- 676 Regional income gaps in the U.S.A. today -- what can geography and slavery explain?
by Nils-Petter Lagerloef
- 673 Shrouded Attributes and the Curse of Educatoin
by David Laibson & Xavier Gabaix
- 670 The Effect of Marriage Shocks on Wealth Dynamics
by Lucas W. Davis & Maurizio Mazzocco
- 669 Consumption and Earnings Inequality with Risky Human Capital
by Amir Yaron & Mark Huggett & Gustavo Ventura
- 667 Endogenous Trading Constraints with Incomplete Asset Markets
by Eva Carceles Poveda & Arpad Abraham
- 665 Dynamic Oligopoly with Network Effects
by Nicholas Economides & Matt Mitchell
- 664 Fast Bargaining in Bankruptcy
by David Benjamin
- 659 Optimal Income Taxation and Public-Goods Finance
by Martin F. Hellwig
- 653 Land Reform
by Douglas Gollin
- 650 Learning and the Return to Private Equity
by Claudio Campanale
- 647 On the Welfare Effect of Cyclical Policies under Incomplete Markets and Labor Market Frictions
by Aysegul Sahin & Toshihiko Mukoyama
- 644 The Declining Equity Premium: What Role Does Macroeconomic Risk Play?
by Martin Lettau & Sydney C. Ludvigson
- 639 The Effects of Market Structure on Industry Growth
by Christos Koulovatianos & Leonard J. Mirman
- 635 Which order is too much? An application to a model with staggered price and wage contracts
by Florian Pelgrin & Michel Juillard
- 634 Fiat Money and Public Goods Provision
by Akihiko Matsui & Yiting Li
- 633 Individually Rational, Balanced-Budget Bayesian Mechanisms and the
by Sergei Severinov & Grigory Kosenok
- 630 Non-Exclusive Contracts, Collateralized Trade, and a Theory of an Exchange
by Yaron Leitner
- 628 Financial Frictions, Distribution Costs, and Current Account Crises
by Sylvain Leduc & Diego Valderrama
- 627 Monetary-Fiscal Interactions with a Conservative Central Bank
by Luisa Lambertini
- 626 Ex Ante Optimality and Social Security
by Piero Gottardi & Felix Kubler
- 623 Implications of the Eaton-Kortum Model of International Trade
by Robert E. Lucas, Jr. & Fernando Alvarez
- 621 Fiscal Desperation and Inflation
by Nancy L. Stokey
- 617 Organizational Learning: An Experimental Investigation
by Andreas Blume & John Duffy
- 616 Players with Fixed Resources in Elimination Tournaments
by Alexander Matros
- 611 Letting Go: Managerial Incentives and the Reallocation of Capital
by Adriano A. Rampini & Andrea L. Eisfeldt
- 607 Sustaining a Time-Consistent Ramsey Plan with Options
by Francois Velde & Thomas Sargent
- 606 Greasing the Wheels of Trade: Inflation with Menu Costs and Search Frictions
by Guillaume Rocheteau & Ben Craig
- 601 Are New Keynesian Phillips Curves Identified ?
by Maral Kichian & Jean-Marie Dufour & Lynda Khalaf
- 595 Capital Flows, Incomplete Markets, and the U.S. European Unemployment Gap
by Karlis Smits & Allen Head
- 593 Social Contacts and Occupational Choice
by Javier Suarez & Samuel Bentolila & Claudio Michelacci
- 592 Debt Dynamics
by Christopher Hennessy & Toni Whited
- 592a A dynamic model of optimal capital structure
by Sheridan Titman & Sergey Tsyplakov
- 592b Capital gains taxes, irreversible investment, and capital structure
by Norman Schurhoff
- 592c Do tests of capital structure mean what they say?
by Ilya Strebulaev
- 591 Do Citizens Vote Strategically (if they vote at all)? Evidence from U.S. National Elections
by Antonio Merlo & Arianna Degan
- 590 Firing Costs and Business Cycle Fluctuations
by Marcelo Veracierto
- 589 An Economist's view on Neuroeconomics
by Aldo Rustichini
- 587 Unpleasant Implications of Insecure Property for Optimal Fiscal Policy and Growth
by Hugh Neary & Francisco M. Gonzalez
- 579 Estimating Dynamic Models of Imperfect Competition
by J. Levin & P. Bajari
- 576 The Evolution of International Output Differences (1960-2000): from Factors to Productivity
by Samuel de Abreu Pessoa & Pedro Cavalcanti Ferreira
- 572 First Order Approach for Principal-Agent Models with Hidden Borrowing and Lending: The Two Period Case
by Nicola Pavoni & Arphad Abraham
- 570 The Welfare Cost of Business Cycles in an Economy with Nonclearing Markets
by Luis A. Puch & Franck Portier
- 567 In Seach of Stars
by Jacob K.Goeree & Arno Riedl
- 566 On Black/White Intermarriage Patterns
by Linda Y. Wong & Jose Victor Rios-Rull
- 564 Perception Rents in the Market for Advice
by Yaw Nyarko & Andrew Schotter
- 563 Is Discounting Hyperbolic? Experimental Evidence
by Jess Benhabib & Alberto Bisin
- 560 Against Labour Market Risk: Employment Protection or Unemployment Benefits?
by Tito Boeri & J. Ignacio Conde-Ruiz
- 557 Leverage, Incomplete Markets and Crises
by John Geanakoplos & Felix Kubler
- 549 A Dynamic Model of Optimal Capital Structure
by Sergey Tsyplakov & Sheridan Titman
- 548 Housing Collateral and Consumption Insurance Across US Regions
by Stijn Van Nieuwerburgh & Hanno Lustig
- 547 A dynamic matching model with downward wage rigidity
by Marcel Jansen & James Costain
- 543 Sticky Information vs. Sticky Prices: A Horse Race in a DSGE Framework
by Mathias Trabandt
- 539 Information Markets and the Comovement of Asset Prices
by Laura Veldkamp
- 535 Trade and Inequality in Developing Countries: An Empirical Assessment
by Susan Zhu & Daniel Trefler
- 533 On the consumption real exchange rate anomaly
by Christoph Thoenissen & Gianluca Benigno
- 530 Globalization and the Gains from Variety
by David Weinstein & Christian Broda
- 526 What Does the Walrasian Auctioneer Know? Technology Adoption and Financial Innovation
by Ana Fernandes
- 525 Risk Aversion, Wealth and Background Risk
by Monica Paiella & Luigi Guiso
- 518 Family job search and consumption: the added worker effect revisited
by J. Ignacio Garcia-Perez & Silvio Rendon
- 498 Improving tatonnement methods for solving heterogenous agent models
by Alexander Ludwig
- 495 Exchange-rate fluctuations and pass-through
by Giancarlo Corsetti & Luca Dedola
- 494 Unions and the political economy of immigration
by Carlotta Berti Ceroni & Giorgio Bellettini
- 493 Why are similar workers paid differently? The role of social networks
by Francois Fontaine
- 492 Explaining Changes in Female Labour Supply in a Life-Cycle Model
by Virginia Sanchez-Marcos & Orazio Attanasio & Hamish Low
- 490 Population Aging and International Capital Flows
by Martin Floden & David Domeij
- 483 A Refinement of Sequential Equilibrium with Application to Decentralized Collusion
by James Schummer & Peter Eso
- 481 Inflation Stabilization and Welfare: The Case of a Distorted Steady State
by Michael Woodford & Pierpaolo Benigno
- 480 State-Dependent Pricing and the New Keynesian Phillips Curve
by John Leahy & Mark Gertler
- 479 Shareholders Unanimity With Incomplete Markets
by Daniele Coen-Pirani
- 477 Trend Breaks, Long Run Restrictions, and the Contractionary Effects of Technology Shocks
by John Fernald
- 476 Trade Reforms and the Labor Market
by Gueorgui Kambourov
- 475 The folk theorem for all games with almost perfect monitoring
by Wojciech Olszewski & Johannes Horner
- 473 Money, Credit, and Banking
by Aleksander Berentsen & Gabriele Camera
- 469 Trends and Fluctuations in the Household's Marginal Rate of Substitution Condition: Time Series Evidence from the OECD
by Andrea Raffo & Lee E. Ohanian
- 467 The Role of Fertility in Gender Differences in Labor Market Outcomes
by Diego Restuccia & Andres Erosa & Luisa Fuster
- 466 Dynamic Enfranchisement
by Roger Lagunoff & William Jack
- 465 Near-Rational Exuberance
by James Bullard & George Evans
- 464 Financial Intermediation, markets, and growth
by Falko Fecht & Kevin Huang
- 462 Firm Dynamics, Investment and Debt Portfolio: Balance Sheet Effects of the Mexican Crisis of 1994
by Sangeeta Pratap & Carlos Urrutia
- 461 Rigid Prices: Evidence from US scanner data
by Ben Eden & Jeff Campbell
- 460 Trade and the (Dis) Incentive to Reform Labor Markets: The Case of Reform in the European Union
by George Alessandria & Alain Delacroix
- 459 Effects of monetary policy regime changes in the Euro Economy
by Tao Zha & Juan Rubio & Daniel Waggoner
- 456 Credit Market Imperfections and International Capital Market Flows
by Bruce Smith & Pamela Labadie
- 455 Idiosyncratic shocks and the role of nonconvexities in plant and aggregate investment dynamics
by Julia K. Thomas & Aubhik Khan
- 451 International Trade and Macroeconomic Dynamics with Heterogeneous Firms
by Fabio Ghironi & Marc Melitz
- 450 Balanced Growth with Structural Change
by Christopher Pissarides & Rachel Ngai
- 449 Occasionally Binding Collateral Constraints in RBC Models
by Emilio Espino & Thomas Hintermaier
- 445 Threshold effects and firm size: The case of firing costs
by Roberto Torrini & Fabiano Schivardi
- 445a The Effects of Employment Protection: Learning from Variable Enforcement
by Tito Boeri
- 445b Do Larger Severance Payments Increase Individual Job Duration?
by Pietro Garibaldi
- 445c Firing Costs and Business Cycle Fluctuations
by Marcelo Veracierto
- 443 Betting against your neighbor: a quantitative investigation
by Finn Kydland & Irasema Alonso
- 442 Risk-based Pricing of Interest Rates in Household Loan Markets
by Wendy Edelberg
- 436 Testing Private Information Models with Asset Accumulation
by Orazio Attanasio & Nicola Pavoni
- 435 Liquidity Effects in non-Ricardian Economies
by Jean-Pascal Benassy
- 434 Optimal taxation with restrictions on the governmemnt budget deficit
by Karl Shell & Christian Ghiglino
- 426 Early Literacy Achievements, Population Density and the Transition to Modern Growth
by Raouf Boucekkine & David de la Croix & Dominique Peeters
- 418 Impossibility of Collusion under Imperfect Monitoring with Flexible Production
by Yuliy Sannikov & Andrzej Skrzypacz
- 415 Productivity, Employment, and Inventories: Smoothing Over Sticky Prices
by Yongsung Chang & Andreas Hornstein
- 413 Pension Reform and Endogenous Borrowing Constraints
by Juan Rojas & Carlos Urrutia
- 406 Are technology shocks contractionary? A Bayesian VAR analysis with priors on impulses responses
by Stefano Neri & Luca Dedola
- 403 Taxing Capital: Not a Bad Idea After All
by Juan C. Conesa & Dirk Krueger
- 395 Unemployment Benefits and Unemployment Rates of Low-Skilled and Old Workers in West Germany: A Search Equilibrium Approach
by Joachim Wolff & Andrey Launov
- 394 Demand Reduction and Preemptive Bidding in License Auctions
by Randolph Sloof & Jacob K. Goeree & Theo Offerman
- 390 To segregate or to integrate: education politics and democracy
by Matthias Doepke & David de la Croix
- 388 New-Keynesian Macroeconomics and the Term Structure
by Antonio Moreno & Geert Bekaert & Seonghoon Cho
- 385 Labor Market Experience and the Gender Gap
by Yishay Maoz & Matthias Doepke & Moshe Hazan
- 382 Leaning against the wind
by Pierre-Olivier Weill
- 379 The Knowledge Lift: Adult Education in Sweden
by James Albrecht & Gerard van den Berg
- 378 Taylor Rules in an Estimated Model of a Small Open Economy
by Nooman Rebei & Steven Ambler & Ali Dib
- 377 Financial Intermediation and TFP Differences
by Erwan Quintin & Pedro Amaral
- 376 A Matching Model of the Housing Market: Searching for a Motivated Partner
by James Albrecht & Axel Anderson
- 375 Tax Riots
by Christopher Phelan & Marco Bassetto
- 374 Optimal test for Markov switching
by Marine Carrasco & Liang Hu
- 372 Why do banks promise to pay par on demand?
by Margarita SamartÃn & Gerald Dwyer
- 371 Unemployment Dynamics and Social Security
by Juan Rojas & Silvio Rendon
- 367 Gender Discrimination Estimation in a Search Model with Matching and Bargaining
by Luca Flabbi
- 361 Why does educational attainment differ across U.S. states?
by Lutz Hendricks
- 360 Plant Heterogeneity and Applied General Equilibrium Models of Trade: Lessons from the CA-US FTA
by Michael Rolleigh
- 359 Bank Portfolio Restrictions and Equilibrium Bank Runs
by Karl Shell & James Peck
- 357 A Model of Life-Cycle Housing Choices with Uninsurable Labor Income and House Price Risks
by Rui Yao & Wenli Li
- 357a How Do House Prices Affect Consumption? Evidence from Micro Data
by John Campbell & Joao Cocco
- 357b Consumption and Saving over the Life Cycle: How Important are Consumer Durables?
by Jesus Fernandez-Villaverde & Dirk Krueger
- 357c Housing, Consumption and Asset Pricing
by Monika Piazzesi & Martin Schneider & Selale Tuzel
- 354 Consumption Commitments and Asset Prices
by Adam Szeidl & Raj Chetty
- 350 Precautionary Savings or Working Longer Hours?
by Josep Pijoan-Mas
- 346 Externalities in U.S. Manufacturing
by Klaus Neusser
- 345 Guided Search: The Value of a Reputation System
by Aaron Schiff & John Kennes
- 344 Equilibrium EMployment in a Model of IMperfect Labour Market
by Etienne Wasmer & Pietro Garibaldi
- 342 Float on a Note
by Tao Zhu & Neil Wallace
- 340 Identification and Estimation in Sequential Dutch Auctions
by Harry J. Paarsch & Bjarne Brendstrup
- 335 Aggregate Implications of Defined Benefit and Defined Contribution Systems
by Alexander Michaelides & Francisco Gomes
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