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Content
2018
- 271 The Costs and Benefits of Caring: Aggregate Burdens of an Aging Population
by Finn Kydland & Nicholas Pretnar
- 269 The Decline in Corporate Investment
by Vito Gala & Hongxun Ruan & Joao Gomes
- 267 The Value of Constraints on Discretionary Government Policy
by Fernando Martin
- 264 A General Equilibrium Theory of Capital Structure
by Douglas Gale & Piero Gottardi
- 257 Does Openness Matter for Structural Change?
by Lidia Smitkova
- 255 Global Value Chains and Inequality with Endogenous Labor Supply
by Kei-Mu Yi & Eunhee Lee
- 254 Should Buyers or Sellers Trade in a Frictional Market?
by Shouyong Shi & Alain Delacroix
- 253 Welfare Impact of Social Security Reform: The Case of Chile in 1981
by Kathleen McKiernan
- 249 Coordinated Work Schedules and the Gender Wage Gap
by German Cubas & Chinhui Juhn & Pedro Silos
- 248 Shocks vs Menu Costs: Patterns of Price Rigidity in an Estimated Multi-Sector Menu-Cost Model
by Erwan Gautier & Hervé Le Bihan
- 245 Aging, Factor Prices, and Capital Movements
by Andrea Bonfatti & Sagiri Kitao & Selahattin Imrohoroglu
- 244 An Equilibrium Model of Housing and Mortgage Markets with State-Contingent Lending Contracts
by Alexei Tchistyi
- 242 Technological Innovation and the Distribution of Labor Income Growth
by Dimitris Papanikolaou
- 240 Information-driven Business Cycles: A Primal Approach
by Ryan Chahrour & Robert Ulbricht
- 239 Foreign Competition and Domestic Innovation: Evidence from U.S. Patents
by David Autor & David Dorn & Gary Pisano & Gordon Hanson & Pian Shu
- 238 Security Design in Opaque Markets: The Role of Exclusivity and Commitment
by Victoria Vanasco
- 237 Reserve Accumulation, Foreign Direct Investment, and Economic Growth
by Hidehiko Matsumoto
- 236 Collective Myopia and Habit
by George-Marios Angeletos & Zhen Huo
- 233 Do Firms Mitigate or Magnify Capital Misallocation? Evidence from Plant-Level Data
by Matthias Kehrig & Nicolas Vincent
- 226 Spending Multiplier during Sudden Stop Crises
by Siming Liu
- 221 The Macroeconomic Effect of Trade Policy
by Christopher Erceg & Andrea Prestipino & Andrea Raffo
- 219 Monetary Policy and Macroeconomic Stability Revisited
by Yasuo Hirose & Takushi Kurozumi & Willem Van Zandweghe
- 217 Information Distortion, R&D, and Growth
by Stephen Terry & Anastasia Zakolyukina & Toni Whited
- 214 Macroeconomic Implications of Asset Prices
by Mikhail Golosov & Thomas Winberry
- 213 Income Segregation and Rise of the Knowledge Economy
by Enrico Berkes & Ruben Gaetani
- 212 Systematic Monetary Policy and the Macroeconomic Effects of Shifts in Loan-to-Value Ratios
by Ruediger Bachmann & Sebastian Rueth
- 209 The Paradox of Global Thrift
by Luca Fornaro
- 208 Capital-Goods Imports and U.S. Growth
by Anthony Landry
- 207 Risk Sharing Under Limited Commitment and Private Information
by Nicolas Caramp & Juan Passadore
- 205 Balance sheet recessions with information and trading frictions
by Vladimir Asriyan
- 204 Health Capital Taxation
by Job Boerma & Ellen McGrattan
- 203 Lending standards and output growth
by Divya Kirti
- 201 Off to a Bad Start? The Role of Leverage for Start-Up Productivity during the Financial Crisis
by Vincent Sterk & Jasper De Winter & Neeltje van Horen & Ralph De Haas
- 198 Consumption-led Growth
by Markus Brunnermeier & Oleg Itskhoki & Pierre-Olivier Gourinchas
- 196 Migration networks and Mexican migrants' spatial mobility in the US
by Rebecca Lessem & Brian Cadena & Brian Kovak & Shan Li
- 189 Inflation Targeting Consequences for Exchange Rates
by Paul Beaudry & Amartya Lahiri
- 183 The Macroeconomic and Distributional Implications of Fiscal Consolidations in Low-income Countries
by Adrian Peralta-Alva & Marina Mendes Tavares & Xin Tang & Xuan Tam
- 181 Optimal Exclusion
by Cyril Monnet & Erwan Quintin
- 179 Optimal Dynamic Hotel Pricing
by John Rust & Sungjin Cho
- 178 Technology Network, Innovation And Growth
by Jingong Huang
- 172 Commodity Trade Matters
by Thibault Fally & James Sayre
- 170 Labor Market Power
by David Berger & Kyle Herkenhoff & Simon Mongey
- 169 The Productivity Slowdown and the Declining Labor Share
by Gene Grossman & Elhanan Helpman & Ezra Oberfield & Thomas Sampson
- 168 Distortions and the Structure of the World Economy
by Lorenzo Caliendo & Aleh Tsyvinski & Fernando Parro
- 167 Aggregate Information Dynamics
by Kyriakos Chousakos & Gary Gorton & Guillermo Ordonez
- 166 Flight-to-quality debt crises
by Canhui Hong
- 165 Investigating Global Labor and Pro t Shares
by German Gutierrez
- 161 Data Lessons on Bank Behavior
by Juliane Begenau & Jeremy Majerovitz & Saki Bigio
- 160 The Insurance is the Lemon: Failing to Index Contracts
by Barney Hartman-Glaser & Benjamin Hebert
- 159 Dynamic Compensation under Uncertainty Shocks and Limited Commitment
by Felix Feng
- 157 Inferring Inequality with Home Production
by Job Boerma & Loukas Karabarbounis
- 156 Nonlinear household earnings dynamics, self-insurance, and welfare
by Mariacristina De Nardi & Giulio Fella & Gonzalo Paz Pardo
- 155 Big Data in Finance and the Growth of Large Firms
by Juliane Begenau & Laura Veldkamp & Maryam Farboodi
- 146 Welfare Effects of Fiscal Procyclicality: Public Insurance with Heterogeneous Agents
by Alvaro Aguirre
- 145 Price Setting and Volatility: Evidence from Oil Price Volatility Shocks
by Matthew Klepacz
- 140 Gender Wage Gap and Sorting over Life Cycle
by Katarina Borovickova
- 139 Disentangling Global Value Chains
by Alonso de Gortari
- 137 Recursive equilibria in dynamic economies withbounded rationality
by Runjie Geng
- 132 Do Non-Exporters Lose From Lower Trade Costs?
by Facundo Piguillem & Loris Rubini
- 130 Labor Market Search, Informality and Schooling Investments
by Luca Flabbi
- 129 Prudential Capital Controls and Risk Misallocation: Bank Lending Channel
by Lorena Keller
- 128 Changes in Monetary Regimes and the Identification of Monetary Policy Shocks: Narrative Evidence from Canada
by Julien Champagne & Rodrigo Sekkel
- 127 Immigrants' Residential Choices and their Consequences
by Joan Monras
- 124 How Wide is the Firm Border?
by Enghin Atalay & Ali Hortacsu & Chad Syverson & Mary Li
- 123 Walls and Migration
by Treb Allen & Caue Dobbin & Melanie Morten
- 121 Captial Reallocation and Productivity
by Russell Cooper & Immo Schott
- 119 Returns to Scale, Productivity Measurement, and Trends in U.S. Manufacturing Misallocation
by Sui-Jade Ho & Dimitrije Ruzic
- 117 Wage Inequality and Job Stability
by Ana Luisa Pessoa Araujo
- 114 E-Commerce Integration and Economic Development: Evidence from China
by Victor Couture & Benjamin Faber & Yizhen Gu
- 113 A Macroeconomic Model with Financial Panics
by Mark Gertler & Andrea Prestipino & Nobuhiro Kiyotaki
- 112 Improved Matching, Directed Search, and Bargaining in the Credit Card Market
by Gajendran Raveendranathan
- 111 Herding, Technology Adoption and Boom-Bust Cycles
by Edouard Schaal & Mathieu Taschereau-Dumouchel
- 110 Intangibles, Inequality and Stagnation
by Nobuhiro Kiyotaki & Shengxing Zhang
- 109 Incompleteness Shocks
by Eduardo Davila & Thomas Philippon
- 107 Government Spending and the Term Structure of Interest Rates in a DSGE Model
by Ales Marsal
- 105 The Effects of Land Markets on Resource Allocation and Agricultural Productivity
by Chaoran Chen & Diego Restuccia & Raul Santaeulalia-Llopis
- 102 (Un)expected Monetary Policy Shocks and Term Premia
by Martin Kliem & Alexander Meyer-Gohde
- 100 Costly Commuting and the Job Ladder
by Jean Flemming
- 99 The Real Effects of Credit Booms and Busts: A County-Level Analysis
by Simon Gilchrist
- 98 Spatial Structural Change
by Fabian Eckert & Michael Peters
- 97 The Effects of Foreign MNEs on Workers and Firms in the United States
by Felix Tintelnot
- 96 A Neoclassical Theory of Liquidity Traps
by Sebastian Di Tella
- 91 Financial Shocks Propagation and International Trade Linkages
by Sihao Chen
- 90 Household Time Use Among Older Couples: Evidence and Implications for Labor Supply
by Richard Rogerson & Johanna Wallenius
- 89 An Equilibrium Model of the International Price System
by Dmitry Mukhin
- 88 Structural Change in Investment and Consumption: A Unified Approach
by Berthold Herrendorf & Akos Valentinyi & Richard Rogerson
- 87 Location as an Asset
by Adrien Bilal & Esteban Rossi-Hansberg
- 79 Measuring Geopolitical Risk
by Matteo Iacoviello
- 77 Kaldor and Piketty's Facts: the Rise of Monopoly Power in the United States
by Gauti Eggertsson & Jacob Robbins
- 76 Monetary Policy under Financial Exclusion
by Rajesh Singh
- 69 How Should Unemployment Insurance vary over the Business Cycle?
by Serdar Birinci & Kurt Gerrard See
- 68 Hot vacancies: the cross section of supply over the housing cycle
by Tim Landvoigt & Martin Schneider & Monika Piazzesi
- 62 Fiscal Rules and Discretion under Self-Enforcement
by Pierre Yared
- 61 Real Keynesian Models and Sticky Prices
by Paul Beaudry & Franck Portier
- 60 Delphic and Odyssean monetary policy shocks: Evidence from the euro-area
by Filippo Ferroni
- 59 Implementing the Modified Golden Rule? Optimal Ramsey Capital Taxation with Incomplete Markets Revisited
by Yunmin Chen & Cheng Chen Yang & YiLi Chien
- 52 Wage Risk, Employment Risk, and the Rise in Wage Inequality
by Ariel Mecikovsky & Felix Wellschmied
- 51 Gross Capital Flows and International Diversification
by Hyunju Lee
- 46 Gains from Product Variety and the Local Business Cycle
by Laurien Gilbert
- 41 Trade, Productivity and Synchrony in Mexican and United States Manufacturing
by Daniel Garces Diaz
- 39 On the Direct and Indirect Real Effects of Credit Supply Shocks
by Laura Alfaro & Enrique Moral-Benito & Manuel Garcia-Santana
- 36 Optimal forbearance of bank resolution
by Linda Schilling
- 26 The US Shale Oil Boom, the Oil Export Ban and the Economy: A General Equilibrium Analysis
by Nida Cakir Melek
- 12 Distributional Effects of Local Minimum Wage Hikes: A Spatial Job Search Approach
by Weilong Zhang
- 9 Uninsured Unemployment Risk and Optimal Monetary Policy
by Edouard Challe
- 8 Private credit creation in the modern financial market
by Tingting Zhu
- 3 Financial Stability, Growth, and Macroprudential Policy
by Chang Ma
- 2 Banking and Financial Access Reforms, Labor Markets, and Financial Shocks
by Alan Finkelstein Shapiro & Brendan Epstein