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Content
2019
- 357 Skill, Agglomeration, and Inequality in the Spatial Economy
by Farid Farrokhi
- 355 Macroeconomic Effects of Debt Relief: Consumer Bankruptcy Protections in the Great Recession
by Adrien Auclert & Paul Goldsmith-Pinkham & Will Dobbie
- 352 On the Instability of Banking and Financial Intermediation
by Chao Gu & Cyril Monnet & Ed Nosal & Randall Wright
- 351 Exchange Rate and Interest Rate Disconnect: The Role of Capital Flows, Currency Risk and Default Risk
by Sebnem Kalemli-Ozcan & Liliana Varela
- 350 Government Financing, Inflation, and the Financial Sector
by Bernardino Adão & Andre Silva
- 348 Efficiency with Endogenous Population and Fixed Resources
by Juan Cordoba & Xiying Liu
- 347 Optimal Monetary Policy for the Masses
by James Bullard & Riccardo DiCecio
- 344 Aggregate Precautionary Savings Motives
by Pierre Mabille
- 339 Human Frictions to the Transmission of Economic Policy
by Francesco D'Acunto & Daniel Hoang & Maritta Paloviita & Michael Weber
- 338 Risk externalities
by Felipe Iachan & Dejanir Silva
- 336 Rational Inattention and Oversensitivity of Retirement to the State Pension Age
by Jamie Hentall MacCuish
- 332 Endogenous Health Groups and Heterogeneous Dynamics of the Elderly
by Dante Amengual & Jesus Bueren & Julio Crego
- 329 Shock Propagation Through Cross-Learning in Opaque Networks
by Jan Schneemeier
- 328 Home Production with Time to Consume
by William Bednar & Nick Pretnar
- 327 Frictional Intermediation in Over-the-Counter Markets
by Julien Hugonnier & Benjamin Lester & Pierre-Olivier Weill
- 325 The Welfare Effects of Bank Liquidity and Capital Requirements
by Skander Van den Heuvel
- 323 Can the Unemployed Borrow? Implications for Public Insurance
by J. Carter Braxton & Gordon Phillips & Kyle Herkenhoff
- 322 Sequentially Mixed Search and Equilibrium Price Dispersion
by Shouyong Shi
- 320 What Explains the Racial Gaps in Task Assignment and Pay Over the Life-Cycle?
by Limor Golan & Carl Sanders & Jonathan James
- 319 Economic Consequences of the U.S. Convict Labor System
by Mikhail Poyker
- 318 International spillovers and `ex-ante' efficient bailouts
by Marina Azzimonti & Vincenzo Quadrini
- 312 What is the Impact of Increased Business Competition?
by Chiara Maggi
- 309 Entry and Profits in an Aging Economy: The Role of Consumer Inertia
by Gideon Bornstein
- 307 Growing Apart: Tradable Services and the Fragmentation of the U.S. Economy
by Fabian Eckert
- 306 Intellectual Property Rights, Professional Business Services and Earnings Inequality
by Gorkem Bostanci
- 305 Houses and Families across Countries
by Alessandra Peter & Martin Schneider & Monika Piazzesi
- 296 Public Insurance in Heterogeneous Fiscal Federations: Evidence from American Households
by Johannes Fleck & Chima Simpson-Bell
- 290 Early Childhood Investment and Income Taxation
by Musab Kurnaz & Mehmet Soytas
- 284 What hides behind the German labor market miracle? Unemployment insurance reforms and labor market dynamics
by Moritz Kuhn & Benjamin Hartung & Philip Jung
- 280 Do You Know That I Know That You Know?: Higher Order Beliefs in Survey Data
by Olivier Coibion & Jane Ryngaert & Saten Kumar & Yuriy Gorodnichenko
- 278 Monetary Policy and the Cost of Wage Rigidity: Evidence from the Stock Market
by Ester Faia & Vincenzo Pezone
- 264 Monetary Policy and Durable Goods
by robert barsky & Christoph Boehm & Christopher House & Miles Kimball
- 263 Inflation and Welfare in the Laboratory
by Janet Hua Jiang & Cathy Zhang & Daniela Puzzello
- 262 Demographics and the Evolution of Global Imbalances
by Michael Sposi
- 261 Hours and Wages
by Alexander Bick & Adam Blandin & Richard Rogerson
- 259 A Quantitative Analysis of Tariffs across U.S. States
by Ana Maria Santacreu & Jing Zhang & Michael Sposi
- 258 Don't Tax Capital---Optimal Ramsey Taxation in Heterogeneous Agent Economies with Quasi-Linear Preferences
by YiLi Chien & Yi Wen
- 256 Shocks, Frictions, and Inequality in US Business Cycles
by Christian Bayer & Ralph Luetticke
- 254 Trade Credit and Markups
by Alvaro Garcia-Marin & Santiago Justel & Tim Schmidt-Eisenlohr
- 250 Monetary Policy and Inequality: How Does One Affect the Other?
by Eunseong Ma
- 249 Labor Taxes, Productivity and Tax Competition
by Satyajit Chatterjee & Amartya Lahiri
- 245 The Origins and Effects of Macroeconomic Uncertainty
by Francesco Bianchi & Howard Kung & Mikhail Tirskikh
- 243 Capital Taxes and Redistribution: The Role of Management Time and Tax Deductible Investment
by Juan Carlos Conesa & Begoña Dominguez
- 240 Measuring the Covariance Risk of Consumer Debt Portfolios
by Carlos Madeira
- 239 Inflation Targeting with Sovereign Default Risk
by Cristina Arellano & Gabriel Mihalache & Yan Bai
- 237 Regional and Aggregate Implications of Transportation Costs and Tradability of Services
by A. Kerem Cosar & Latchezar Popov & Sophie Osotimehin
- 234 Automation and New Tasks: The Implications of the Task Content of Production for Labor Demand
by Pascual Restrepo
- 232 Unemployment Dynamics and Unemployment Insurance Extensions under Rational Expectations
by Similan Rujiwattanapong
- 216 Does Informality facilitate Inflation Stability?
by Enrique Alberola & Carlos Urrutia
- 213 Central Counterparty Default Waterfalls and Systemic Loss
by Mark Paddrik & Simpson Zhang
- 212 The Welfare Effects of Transportation Infrastructure Improvements
by Treb Allen & Costas Arkolakis
- 211 Deposit Spreads and the Welfare Cost of Inflation
by Pablo Kurlat
- 208 Social Security Reform, Retirement and Occupational Behavior
by Pedro Cavalcanti Ferreira & Rafael Parente
- 207 Trade Theory with Global Production Networks
by David Baqaee
- 206 The changing opportunities and outcomes of non-college educated Americans
by Margherita Borella & Fang Yang & Mariacristina De Nardi
- 204 OTC Intermediaries
by Andrea Eisfeldt & Bernard Herskovic & Emil Siriwardane & Sriram Rajan
- 202 Capital Gains and the Distribution of Income in the United States
by Jacob Robbins
- 199 Shadow Banking and the Great Recession
by Patrick Feve
- 187 New Tests of Expectation Formation with Applications to Asset Pricing Models
by Pei Kuang
- 179 Accounting for Revealed Comparative Advantage: Economic Complexity Redux
by Mingzhi Xu
- 178 Monetary Policy and Heterogeneity: An Analytical Framework
by Florin Bilbiie
- 177 What to Expect from the Lower Bound on Interest Rates: Evidence from Derivatives Prices
by Thomas Mertens
- 175 Mortgage Prepayment and Path-Dependent Effects of Monetary Policy
by David Berger & Fabrice Tourre & Joseph Vavra & Konstantin Milbradt
- 167 Diverging Trends in National and Local Concentration
by Esteban Rossi-Hansberg & Nicholas Trachter & Pierre-Daniel Sarte
- 162 Credit Cycles with Market Based Household Leverage
by William Diamond & Tim Landvoigt
- 160 Risks and Returns of Cryptocurrency
by Yukun Liu & Aleh Tsyvinski
- 159 Financial Networks over the Business Cycle
by Alexandr Kopytov
- 157 Conflicting Priorities: A Theory of Covenants and Collateral
by Jason Donaldson & Denis Gromb & Giorgia Piacentino
- 156 Accounting for the International Quantity-Quality Trade-off
by Juan Cordoba & Marla Ripoll & Xiying Liu
- 154 Understanding Job-to-Job Transitions with Wage Cuts
by Joseph Briggs & Andrew Caplin & Christopher Tonetti & Gianluca Violante & Johan Saeverud & Soren Leth-Petersen & Victoria Gregory
- 153 Aggregate Nominal Wage Adjustments: New Evidence from Administrative Payroll Data
by John Grigsby & Erik Hurst
- 152 Pareto Extrapolation: Bridging Theoretical and Quantitative Models of Wealth Inequality
by Emilien Gouin-Bonenfant & Alexis Akira Toda
- 151 An Impossibility Theorem for Wealth in Heterogeneous-agent Models with Limited Heterogeneity
by John Stachurski & Alexis Akira Toda
- 150 What Happened to the U.S. Business Dynamism?
by Ufuk Akcigit & Sina Ates
- 147 Collateral booms and information depletion
by Vladimir Asriyan
- 144 Trade and Informality in the Presence of Labor Market Frictions and Regulations
by Rafael Dix-Carneiro
- 143 The Gender Gap: Micro Sources and Macro Consequences
by Iacopo Morchio & Christian Moser
- 139 Labor Reallocation and Convergence: Evidence from East Germany
by Wolfgang Dauth & Sang Yoon (Tim) Lee & Sebastian Findeisen & Tommaso Porzio
- 128 Reallocation Effects of Monetary Policy
by Kozo Ueda
- 126 Private Information and Client Connections in Government Bond Markets
by Peter Kondor & Gabor Pinter
- 125 Monitor Reputation and Transparency
by Ivan Marinovic & Martin Szydlowski
- 124 Haircut Cycles
by Tong Zhang
- 118 Risk-Sharing and Investment in Concentrated Markets
by Daniel Neuhann & Michael Sockin
- 116 Bubbly Recessions
by Siddhartha Biswas & Andrew Hanson & Toan Phan
- 110 The Transmission of Quasi-Sovereign Default Risk: Evidence from Puerto Rico
by Anusha Chari & Ryan Leary & Toan Phan
- 106 Self-financing, Parental Transfer, and College Education
by Sunha Myong & Jungho Lee
- 101 Boom Goes the Price: Giant Resource Discoveries and Real Exchange Rate Appreciation
by Radek Stefanski
- 100 News Shocks and Asset Prices
by Lorenzo Bretscher & Andrea Tamoni & Aytek Malkhozov
- 95 The Matching Multiplier and the Amplification of Recessions
by Christina Patterson
- 94 Heterogeneity in Talent or in Tastes? Implications for Redistributive Taxation
by Ian Fillmore & Trevor Gallen
- 86 Spatial Integration, Agricultural Productivity, and Development: A Quantitative Analysis of Ethiopia’s Road Expansion Program
by Tasso Adamopoulos
- 83 Low Interest Rates, Market Power, and Productivity Growth
by Ernest Liu & Amir Sufi & Atif Mian
- 78 A Theory of Housing Demand Shocks
by Zheng Liu & Pengfei Wang & Tao Zha
- 77 Global Trends in Interest Rates
by Marco Del Negro & Andrea Tambalotti & Domenico Giannone & Marc Giannoni
- 74 Money Mining and Price Dynamics
by Michael Choi & Guillaume Rocheteau
- 71 Asset Pricing with Fading Memory
by Stefan Nagel & Zhengyang Xu
- 70 The Long-Run Effects of Low-Income Housing on Neighborhood Composition
by Morris Davis & Daniel Hartley & Jesse Gregory
- 67 Who Bears the Welfare Costs of Monopoly? The Case of the Credit Card Industry
by Gajendran Raveendranathan & Kyle Herkenhoff
- 66 The 2008 US Auto Market Collapse
by Bill Dupor & M. Saif Mehkari & Rong Li & Yi-Chan Tsai
- 63 Time Inconsistency and Financial Covenants
by Haotian Xiang
- 54 Examining the Sensitivity of the Production Approach to Markup Estimation
by Devesh Raval
- 53 What Do Survey Data Tell Us about U.S. Businesses?
by Anmol Bhandari & Ellen McGrattan & Kurt Gerrard See & Serdar Birinci
- 47 Global Effective Lower Bound and Unconventional Monetary Policy
by Jing Cynthia Wu & Ji Zhang
- 42 Child Care Subsidies with One- and Two-Parent Families
by Emily Moschini
- 39 The Fiscal Theory of the Price Level in Overlapping Generations Models
by Roger Farmer & Pawel Zabczyk
- 36 Synergizing Ventures
by Ufuk Akcigit & Emin Dinlersoz & Jeremy Greenwood & Veronika Penciakova
- 29 Quantitative Easing
by Vincent Sterk & Wei Cui
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