IDEAS home Printed from https://ideas.repec.org/e/c/pgo200.html

Mikhail Golosov

Citations

Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.

Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. Mikhail Golosov & Robert E. Lucas Jr., 2007. "Menu Costs and Phillips Curves," Journal of Political Economy, University of Chicago Press, vol. 115(2), pages 171-199.

    Mentioned in:

    1. Time to ditch Calvo Pricing
      by Economic Logician in Economic Logic on 2008-02-14 01:51:00
    2. On the dispersion in price rigidities
      by Economic Logician in Economic Logic on 2008-09-05 21:15:00
    3. More On Sticky Prices
      by Josh in The Everyday Economist on 2012-04-13 19:51:12
    4. Krugman and Keynes
      by Stephen Williamson in Stephen Williamson: New Monetarist Economics on 2011-06-20 01:18:00
    5. What Do We Know About Long and Variable Lags?
      by Stephen Williamson in Stephen Williamson: New Monetarist Economics on 2015-10-14 02:01:00
    6. History of all of modern macro (ignoring the last 30 years)
      by pushmedia1 in The Ambrosini Critique on 2009-07-19 13:56:00
  2. Mikhail Golosov & Robert E. Lucas, 2003. "Menu Costs and Phillips Curves," NBER Working Papers 10187, National Bureau of Economic Research, Inc.

    Mentioned in:

    1. Time to ditch Calvo Pricing
      by Economic Logician in Economic Logic on 2008-02-14 01:51:00
    2. On the dispersion in price rigidities
      by Economic Logician in Economic Logic on 2008-09-05 21:15:00
    3. More On Sticky Prices
      by Josh in The Everyday Economist on 2012-04-13 19:51:12
    4. Krugman and Keynes
      by Stephen Williamson in Stephen Williamson: New Monetarist Economics on 2011-06-20 01:18:00
    5. What Do We Know About Long and Variable Lags?
      by Stephen Williamson in Stephen Williamson: New Monetarist Economics on 2015-10-14 02:01:00
    6. History of all of modern macro (ignoring the last 30 years)
      by pushmedia1 in The Ambrosini Critique on 2009-07-19 13:56:00
  3. Anton Cheremukhin & Mikhail Golosov & Sergei Guriev & Aleh Tsyvinski, 2013. "Was Stalin Necessary for Russia's Economic Development?," NBER Working Papers 19425, National Bureau of Economic Research, Inc.

    Mentioned in:

    1. Was Stalin Necessary for Russia’s Economic Development?
      by Christian Zimmermann in NEP-DGE blog on 2013-10-06 08:10:44
    2. Was Stalin’s Economic Policy the Root of Nazi Germany’s Defeat?
      by emanuelefelice in NEP-HIS blog on 2015-09-21 18:38:02
  4. Author Profile
    1. Are The Top Young Economists Largely European?
      by David Zaring in The conglomerate on 2010-08-11 14:55:00

RePEc Biblio mentions

As found on the RePEc Biblio, the curated bibliography of Economics:
  1. Mikhail Golosov & John Hassler & Per Krusell & Aleh Tsyvinski, 2014. "Optimal Taxes on Fossil Fuel in General Equilibrium," Econometrica, Econometric Society, vol. 82(1), pages 41-88, January.

    Mentioned in:

    1. > Environmental and Natural Resource Economics > Climate economics
    2. > Environmental and Natural Resource Economics > Climate economics > Impacts of climate change > Social cost of carbon
    3. > Environmental and Natural Resource Economics > Climate economics > Optimal climate policy

Wikipedia or ReplicationWiki mentions

(Only mentions on Wikipedia that link back to a page on a RePEc service)
  1. Mikhail Golosov & Maxim Troshkin & Aleh Tsyvinski, 2016. "Redistribution and Social Insurance," American Economic Review, American Economic Association, vol. 106(2), pages 359-386, February.

    Mentioned in:

    1. Redistribution and Social Insurance (AER 2016) in ReplicationWiki ()
  2. Mikhail Golosov & Robert E. Lucas Jr., 2007. "Menu Costs and Phillips Curves," Journal of Political Economy, University of Chicago Press, vol. 115(2), pages 171-199.

    Mentioned in:

    1. Menu Costs and Phillips Curves (JPE 2007) in ReplicationWiki ()

Working papers

  1. Mikhail Golosov & Ilia Krasikov, 2023. "The Optimal Taxation of Couples," NBER Working Papers 31140, National Bureau of Economic Research, Inc.

    Cited by:

    1. Takuya Obara & Yoshitomo Ogawa, 2025. "Optimal Nonlinear Income Taxation for Noncooperative Couples," Discussion Paper Series 291, School of Economics, Kwansei Gakuin University, revised Mar 2026.
    2. Arun Advani & David Burgherr & Andy Summers, 2025. "Taxation and Migration by the Super-Rich," CESifo Working Paper Series 11870, CESifo.
    3. Mary Ann Bronson & Daniel Haanwinckel & Maurizio Mazzocco, 2024. "Taxation and Household Decisions: an Intertemporal Analysis," NBER Working Papers 32861, National Bureau of Economic Research, Inc.

  2. Anmol Bhandari & Thomas Bourany & David Evans & Mikhail Golosov, 2023. "A Perturbational Approach for Approximating Heterogeneous Agent Models," NBER Working Papers 31744, National Bureau of Economic Research, Inc.

    Cited by:

    1. Zhouzhou Gu & Mathieu Lauri`ere & Sebastian Merkel & Jonathan Payne, 2024. "Global Solutions to Master Equations for Continuous Time Heterogeneous Agent Macroeconomic Models," Papers 2406.13726, arXiv.org.
    2. Schesch, Constantin, 2024. "Pseudospectral methods for continuous-time heterogeneous-agent models," Journal of Economic Dynamics and Control, Elsevier, vol. 163(C).
    3. Christian Bayer & Ralph Luetticke & Maximilian Weiss & Yannik Winkelmann, 2024. "An Endogenous Gridpoint Method for Distributional Dynamics," CRC TR 224 Discussion Paper Series crctr224_2024_548, University of Bonn and University of Mannheim, Germany.
    4. Benjamin Moll, 2025. "The Trouble with Rational Expectations in Heterogeneous Agent Models: A Challenge for Macroeconomics," Papers 2508.20571, arXiv.org.
    5. Sztachera, Maciej, 2024. "Hours, wages, and multipliers," MPRA Paper 121556, University Library of Munich, Germany.
    6. Jesús Fernández-Villaverde & Galo Nuno & Jesse Perla, 2024. "Taming the Curse of Dimensionality:Quantitative Economics with Deep Learning," PIER Working Paper Archive 24-034, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    7. Hanno Kase & Matthias Rottner & Fabio Stohler, 2025. "Generative economic modeling," BIS Working Papers 1312, Bank for International Settlements.
    8. Marco Del Negro & Ibrahima Diagne & Keshav Dogra & Pranay Gundam & Donggyu Lee & Brian Pacula, 2025. "Tradeoffs for the Poor, Divine Coincidence for the Rich," Staff Reports 1147, Federal Reserve Bank of New York.
    9. Zheng Gong, 2025. "When Does Household Heterogeneity Matter for Aggregate Fluctuations?," CRC TR 224 Discussion Paper Series crctr224_2025_624v2, University of Bonn and University of Mannheim, Germany, revised Sep 2025.
    10. Johannes Wieland, 2024. "Comment on "Heterogeneity and Aggregate Fluctuations: Insights from TANK Models"," NBER Chapters, in: NBER Macroeconomics Annual 2024, volume 39, pages 358-365, National Bureau of Economic Research, Inc.

  3. Leo R. Aparisi de Lannoy & Anmol Bhandari & David Evans & Mikhail Golosov & Thomas J. Sargent, 2022. "Managing Public Portfolios," NBER Working Papers 30501, National Bureau of Economic Research, Inc.

    Cited by:

    1. Mankart, Jochen & Priftis, Romanos & Oikonomou, Rigas, 2024. "The long and short of financing government spending," VfS Annual Conference 2024 (Berlin): Upcoming Labor Market Challenges 302414, Verein für Socialpolitik / German Economic Association.

  4. Mikhail Golosov & Michael Graber & Magne Mogstad & David Novgorodsky, 2021. "How Americans Respond to Idiosyncratic and Exogenous Changes in Household Wealth and Unearned Income," NBER Working Papers 29000, National Bureau of Economic Research, Inc.

    Cited by:

    1. Christian Hellwig & Nicolas Werquin, 2022. "A Fair Day's Pay for a Fair Day's Work: Optimal Tax Design as Redistributional Arbitrage," Working Paper Series WP 2022-03, Federal Reserve Bank of Chicago.
    2. Glaser, Darrell J. & Rahman, Ahmed S., 2023. "Between the dockyard and the deep blue sea—Retention and personnel economics in the Royal Navy," Labour Economics, Elsevier, vol. 84(C).
    3. Marco Castillo & Mikhail Freer, 2023. "A general revealed preference test for quasilinear preferences: theory and experiments," Experimental Economics, Springer;Economic Science Association, vol. 26(3), pages 673-696, July.
    4. Sigurdsson,Jósef & Jósef Sigurdsson, 2025. "Transitory Earnings Opportunities and Educational Scarring of Men," CESifo Working Paper Series 11807, CESifo.
    5. Gromadzki, Jan, 2024. "Universal Child Benefit and Child Poverty: The Role of Fertility Adjustments," IZA Discussion Papers 17456, IZA Network @ LISER.
    6. Blomquist, Soren & Kumar, Anil & Liang, Che-Yuan & Newey, Whitney K., 2025. "Nonlinear budget set regressions in random utility models: Theory and application to taxable income," Journal of Econometrics, Elsevier, vol. 252(PB).
    7. Bastian, Jacob E. & Black, Dan A., 2024. "Relaxing financial constraints with tax credits and migrating out of rural and distressed America," Journal of Public Economics, Elsevier, vol. 234(C).
    8. Georgarakos, Dimitris & Jappelli, Tullio & Kenny, Geoff & Pistaferri, Luigi, 2025. "Labor supply response to windfall gains," Journal of Public Economics, Elsevier, vol. 250(C).
    9. Colmer, Jonathan & Qin, Suvy & Voorheis, John & Walker, Reed, 2024. "Income, wealth and environmental inequality in the United States," LSE Research Online Documents on Economics 126791, London School of Economics and Political Science, LSE Library.
    10. Soren Blomquist & Anil Kumar & Whitney K. Newey, 2024. "Panel Estimation of Taxable Income Elasticities with Heterogeneity and Endogenous Budget Sets," Papers 2501.00633, arXiv.org.
    11. Axelle Ferrière & Philipp Grübener & Gaston Navarro & Oliko Vardishvili, 2022. "On the optimal design of transfers and income-tax progressivity," International Finance Discussion Papers 1350, Board of Governors of the Federal Reserve System (U.S.).
    12. Sauval, Maria & Duncan, Greg J. & Gennetian, Lisa A. & Magnuson, Katherine A. & Fox, Nathan A. & Noble, Kimberly G. & Yoshikawa, Hirokazu, 2024. "Unconditional cash transfers and maternal employment: Evidence from the Baby’s First Years study," Journal of Public Economics, Elsevier, vol. 236(C).
    13. Bertrand Garbinti & Pierre Lamarche & Frédérique Savignac, 2024. "Wealth Heterogeneity and the Marginal Propensity to Consume out of Wealth," Working papers 962, Banque de France.
    14. Graber, Michael & Mogstad, Magne & Torsvik, Gaute & Vestad, Ola, 2022. "Behavioural responses to income taxation in Norway," Memorandum 4/2022, Oslo University, Department of Economics.
    15. Aliprantis, Dionissi & Carroll, Daniel R. & Young, Eric R., 2024. "What explains neighborhood sorting by income and race?," Journal of Urban Economics, Elsevier, vol. 141(C).
    16. Axelle Ferriere & Gaston Navarro, 2025. "The Heterogeneous Effects of Government Spending: It’s All About Taxes," Post-Print hal-04849051, HAL.
    17. Matthias Krapf, 2023. "Does Income Risk Affect the Wealth Distribution?," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 49(4), pages 475-515, October.
    18. Jósef Sigurdsson, 2023. "Transitory Earnings Opportunities and Educational Scarring of Men," CESifo Working Paper Series 10361, CESifo.
    19. Gromadzki, Jan, 2023. "Labor Supply Effects of a Universal Cash Transfer," IZA Discussion Papers 16186, IZA Network @ LISER.
    20. David W. Berger & Kyle F. Herkenhoff & Simon Mongey, 2022. "Minimum Wages, Efficiency and Welfare," Opportunity and Inclusive Growth Institute Working Papers 058, Federal Reserve Bank of Minneapolis.
    21. Julio López-Laborda & Jaime Vallés-Giménez & Anabel Zarate-Marco, 2024. "Algo más que “tapar agujeros”: efectos de los premios sobre algunas decisiones económicas y personales de los españoles," Studies on the Spanish Economy eee2024-28, FEDEA.
    22. Balleer, Almut & Merz, Monika & Papp, Tamás K., 2024. "Heterogeneous preferences, spousal interaction, and couples' time-use," Ruhr Economic Papers 1088, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
    23. Pesner, Matthew, 2024. "Public pensions and retirement: Evidence from the Railroad Retirement Act," Journal of Public Economics, Elsevier, vol. 238(C).
    24. Spencer Bastani, 2023. "The Marginal Cost of Public Funds: A Brief Guide," CESifo Working Paper Series 10322, CESifo.
    25. David Koll & Dominik Sachs & Fabian Stürmer-Heiber & Hélène Turon, 2023. "Equity and Efficiency of Childcare Subsidies: A Dynamic Structural Approach," CESifo Working Paper Series 10793, CESifo.
    26. Hellwig, Christian & Werquin, Nicolas, 2022. "Using Consumption Data to Derive Optimal Income and Capital Tax Rates," TSE Working Papers 22-1284, Toulouse School of Economics (TSE), revised Jan 2026.
    27. Giuselle Pio Dachille & Maria De Paola & Roberto Nisticò, 2025. "Guaranteed Minimum Income and Fertility," CSEF Working Papers 757, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
    28. Sigurdsson, Jósef, 2023. "Transitory Earnings Opportunities and Educational Scarring of Men," IZA Discussion Papers 16050, IZA Network @ LISER.
    29. Ignacio Belloc & José Alberto Molina, 2026. "Households with insufficient liquid assets: Consumption responses to income changes," Boston College Working Papers in Economics 1107, Boston College Department of Economics.
    30. Verlaat, Timo & Todeschini, Federico & Ramos, Xavier, 2025. "The employment effects of a means-tested guaranteed income policy," Journal of Public Economics, Elsevier, vol. 248(C).
    31. David Koll & Dominik Sachs & Fabian Stürmer-Heiber & Hélène Turon, 2024. "Quantifying Okun’s Leaky Bucket: The Case of Progressive Childcare Subsidies," CESifo Working Paper Series 11196, CESifo.
    32. Elif Tasar & John Voorheis, 2025. "Parental Death, Inheritance, and Labor Supply in the United States," Working Papers 25-71, Center for Economic Studies, U.S. Census Bureau.
    33. Torben M. Andersen & Anne Katrine Borgbjerg & Jonas Maibom, 2026. "Pension Wealth and the Timing of Retirement," CESifo Working Paper Series 12386, CESifo.
    34. Adriana Lleras‐Muney, 2022. "Education and income gradients in longevity: The role of policy," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 55(1), pages 5-37, February.
    35. Gihleb, Rania & Giuntella, Osea & Tan, Jian Qi, 2023. "The Impact of Right-to-Work Laws on Long Hours and Work Schedules," IZA Discussion Papers 16588, IZA Network @ LISER.
    36. Cheng, Tzu-Chang Forrest & Huang, Hsuan-Hua & Lin, Tse-Chun & Yang, Tzu-Ting & Zhu, Jian-Da, 2025. "Windfall gains and stock market participation: Evidence from shopping receipt lottery," Journal of Banking & Finance, Elsevier, vol. 172(C).
    37. Andrew Garin & Emilie Jackson & Dmitri K. Koustas & Alicia Miller, 2023. "The Evolution of Platform Gig Work, 2012-2021," NBER Working Papers 31273, National Bureau of Economic Research, Inc.
    38. Breno Braga & Olga Malkova, 2024. "Time to Grow Up? Adult Children as Determinants of Parental Labor Supply," Journal of the European Economic Association, European Economic Association, vol. 22(1), pages 230-262.
    39. Ignacio Belloc & Pierre-André Chiappori & José Alberto Molina & Jorge Velilla, 2025. "Effects of wage shocks and saving changes on leisure time: The role of dynamic intra-household commitment," Boston College Working Papers in Economics 1099, Boston College Department of Economics.
    40. Greg Kaplan & Giovanni L. Violante, 2021. "The Marginal Propensity to Consume in Heterogeneous Agent Models," Working Papers 2021-9, Princeton University. Economics Department..
    41. Jae Won Lee & Seunghyeon Lee, 2025. "Monetary Non-Neutrality in a Multisector Economy: The Role of Risk-Sharing," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 55, January.
    42. Philippe d’Astous & Vyacheslav Mikhed & Sahil Raina & Barry Scholnick, 2025. "How Wealth and Age Interact to Affect Entrepreneurship," Working Papers 25-03, Federal Reserve Bank of Philadelphia.
    43. Gillitzer, Christian & Landersø, Rasmus & Skov, Peer Ebbesen & Søgaard, Jakob Egholt, 2025. "Using Tax Kinks to Estimate the Marginal Propensity to Consume," IZA Discussion Papers 17766, IZA Network @ LISER.
    44. Junya Hamaaki & Yoshitomo Ogawa, 2025. "Loss of Marital Gains from the Division of Labor and Divorce: Evidence from a Pension Reform in Japan," Discussion Paper Series 289, School of Economics, Kwansei Gakuin University, revised Jun 2025.
    45. Bhuller, Manudeep & Dahl, Gordon B. & Løken, Katrine V. & Mogstad, Magne, 2022. "Domestic Violence and the Mental Health and Well-being of Victims and Their Children," Discussion Paper Series in Economics 21/2022, Norwegian School of Economics, Department of Economics.
    46. Xiaoguang Ling, 2022. "Heterogeneous earning responses to inheritance: new event-study evidence from Norway," Papers 2209.10256, arXiv.org, revised Nov 2022.
    47. Diamond, William & Landvoigt, Tim & Sánchez, Germán Sánchez, 2025. "Printing away the mortgages: Fiscal inflation and the post-covid boom," Journal of Financial Economics, Elsevier, vol. 171(C).

  5. Anmol Bhandari & David Evans & Mikhail Golosov & Thomas Sargent, 2019. "The Optimal Maturity of Government Debt," 2019 Meeting Papers 1011, Society for Economic Dynamics.

    Cited by:

    1. Lucia Granelli & Matteo Brunelli, 2022. "Comparing the Macroeconomic Policy Measures across the G20 The Crisis Response is a Long-Term Marathon," European Economy - Discussion Papers 158, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    2. Jason Allen & Jakub Kastl & Milena Wittwer, 2022. "Maturity Composition and the Demand for Government Debt," Working Papers 2022-12, Princeton University. Economics Department..
    3. Philip Barrett & Christopher Johns, 2024. "Parameterizing Debt Maturity," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 56(6), pages 1321-1365, September.

  6. Iovino, Luigi & Golosov, Mikhail, 2019. "Social Insurance, Information Revelation, and Lack of Commitment," CEPR Discussion Papers 14116, C.E.P.R. Discussion Papers.

    Cited by:

    1. Laura Doval & Vasiliki Skreta, 2022. "Mechanism Design With Limited Commitment," Econometrica, Econometric Society, vol. 90(4), pages 1463-1500, July.
    2. Charles Brendon & Martin Ellison, 2018. "Time-Consistently Undominated Policies," Discussion Papers 1801, Centre for Macroeconomics (CFM).
    3. Josef Schroth, 2016. "Supervising Financial Regulators," Staff Working Papers 16-52, Bank of Canada.
    4. Mikhail Golosov & Aleh Tsyvinski & Nicolas Werquin, 2016. "Recursive Contracts and Endogenously Incomplete Markets," NBER Working Papers 22012, National Bureau of Economic Research, Inc.
    5. Craig Brett & John A Weymark, 2016. "Optimal Nonlinear Taxation of Income and Savings Without Commitment," Vanderbilt University Department of Economics Working Papers 16-00010, Vanderbilt University Department of Economics.
    6. Doval, Laura & Skreta, Vasiliki, 2024. "Mechanism design with limited commitment: Markov environments," European Economic Review, Elsevier, vol. 167(C).
    7. Josef Schroth, 2015. "Risk Sharing in the Presence of a Public Good," Staff Working Papers 15-27, Bank of Canada.

  7. Anmol Bhandari & David Evans & Mikhail Golosov & Thomas J. Sargent, 2018. "Inequality, Business Cycles, and Monetary-Fiscal Policy," NBER Working Papers 24710, National Bureau of Economic Research, Inc.

    Cited by:

    1. Spiros Bougheas & Pasquale Commendatore & Laura Gardini & Ingrid Kubin, 2022. "Financial development cycles and income inequality in a model with good and bad projects," Discussion Papers 2022/05, University of Nottingham, Centre for Finance, Credit and Macroeconomics (CFCM).
    2. Mr. Niels-Jakob H Hansen & Alessandro Lin & Rui Mano, 2020. "Should Inequality Factor into Central Banks' Decisions?," IMF Working Papers 2020/196, International Monetary Fund.
    3. Ruediger Bachmann & Jinhui Bai & Minjoon Lee & Fudong Zhang, 2020. "The Welfare and Distributional Effects of Fiscal Volatility: a Quantitative Evaluation," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 38, pages 127-153, October.
    4. Dobrew, Michael & Gerke, Rafael & Giesen, Sebastian & Röttger, Joost, 2025. "Make-up strategies with incomplete markets and bounded rationality," European Economic Review, Elsevier, vol. 173(C).
    5. Xu, Nancy R. & You, Yang, 2025. "Main Street’s Pain, Wall Street’s Gain," Journal of Financial Economics, Elsevier, vol. 168(C).
    6. Grimaud, Alex, 2021. "Precautionary saving and un-anchored expectations," ECON WPS - Working Papers in Economic Theory and Policy 08/2021, TU Wien, Institute of Statistics and Mathematical Methods in Economics, Economics Research Unit.
    7. Davide Debortoli & Jordi Galí, 2024. "Heterogeneity and aggregate fluctuations: insights from TANK models," Economics Working Papers 1882, Department of Economics and Business, Universitat Pompeu Fabra.
    8. Rui Sun, 2026. "Risk Capacity and Optimal Monetary Policy," Papers 2603.21044, arXiv.org.
    9. Bilbiie, Florin O. & Monacelli, Tommaso & Perotti, Roberto, 2024. "Stabilization vs. Redistribution: The optimal monetary–fiscal mix," Journal of Monetary Economics, Elsevier, vol. 147(S).
    10. Tomás Opazo, 2023. "The Heterogeneous Effect of Monetary Policy Shocks: Evidence for US Households," Working Papers Central Bank of Chile 992, Central Bank of Chile.
    11. Selahattin Imrohoroglu, 2023. "Mpk," CIGS Working Paper Series 24-002E, The Canon Institute for Global Studies.
    12. Serdar Birinci, 2019. "Spousal Labor Supply Response to Job Displacement and Implications for Optimal Transfers," Working Papers 2019-020, Federal Reserve Bank of St. Louis, revised 04 Mar 2026.
    13. Ma, Qingyin & Stachurski, John & Toda, Alexis Akira, 2020. "The income fluctuation problem and the evolution of wealth," Journal of Economic Theory, Elsevier, vol. 187(C).
    14. Peydró, José-Luis & Andersen, Asger Lau & Johannesen, Niels & Jørgensen, Mia, 2021. "Monetary Policy and Inequality," CEPR Discussion Papers 15599, C.E.P.R. Discussion Papers.
    15. Beatriz González & Galo Nuño & Dominik Thaler & Silvia Albrizio, 2021. "Firm Heterogeneity, Capital Misallocation and Optimal Monetary Policy," CESifo Working Paper Series 9465, CESifo.
    16. Marco D’Amico & Martina Fazio, 2025. "Modelling income risk dynamics in the UK: a parametric approach," Bank of England working papers 1129, Bank of England.
    17. Stone, Joe A. & Jacobs, David, 2020. "Presidential party affiliation and electoral cycles in the U.S. economy: Evidence from party changes in adjacent terms," Journal of Macroeconomics, Elsevier, vol. 64(C).
    18. Acharya, Sushant & CHALLE, Edouard & Dogra, Keshav, 2020. "Optimal Monetary Policy According to HANK," CEPR Discussion Papers 14429, C.E.P.R. Discussion Papers.
    19. Joel M. David & David Zeke, 2021. "Risk-Taking, Capital Allocation and Optimal Monetary Policy," Working Paper Series WP-2021-01, Federal Reserve Bank of Chicago.
    20. Dupor, Bill & Karabarbounis, Marios & Kudlyak, Marianna & Mehkari, M. Saif, 2022. "Regional Consumption Responses and the Aggregate Fiscal Multiplier," IZA Discussion Papers 15255, IZA Network @ LISER.
    21. Brand, Claus & Obstbaum, Meri & Coenen, Günter & Sondermann, David & Lydon, Reamonn & Ajevskis, Viktors & Hammermann, Felix & Angino, Siria & Hernborg, Nils & Basso, Henrique & Hertweck, Matthias & Bi, 2021. "Employment and the conduct of monetary policy in the euro area," Occasional Paper Series 275, European Central Bank.
    22. Edouard Djeutem & Mario He & Abeer Reza & Yang Zhang, 2022. "Household Heterogeneity and the Performance of Monetary Policy Frameworks," Staff Working Papers 22-12, Bank of Canada.
    23. Greg Kaplan & Piotr Zoch, 2020. "Markups, Labor Market Inequality and the Nature of Work," NBER Working Papers 26800, National Bureau of Economic Research, Inc.
    24. Acharya, Sushant & Challe, Edouard, 2025. "Inequality and optimal monetary policy in the open economy," Journal of International Economics, Elsevier, vol. 155(C).
    25. Stefano Maria Corbellini, 2022. "Optimal monetary and transfer policy in a liquidity trap," Diskussionsschriften dp2216, Universitaet Bern, Departement Volkswirtschaft.
    26. Vasileios Karaferis & Tatiana Kirsanova & Campbell Leith, 2024. "Equity versus Efficiency: Optimal Monetary and Fiscal Policy in a HANK Economy," Working Papers 2024_11, Business School - Economics, University of Glasgow.
    27. James B. Bullard & Riccardo DiCecio, 2025. "Optimal Monetary Policy for the Masses," Review, Federal Reserve Bank of St. Louis, vol. 107(10), July.
    28. Michael Reiter, 2019. "Solving Heterogeneous Agent Models with Non-convex Optimization Problems: Linearization and Beyond %," 2019 Meeting Papers 1048, Society for Economic Dynamics.
    29. Chari, V.V. & Nicolini, Juan Pablo & Teles, Pedro, 2020. "Optimal capital taxation revisited," Journal of Monetary Economics, Elsevier, vol. 116(C), pages 147-165.
    30. Le Grand, François & Ragot, Xavier, 2023. "Optimal policies with heterogeneous agents: Truncation and transitions," Journal of Economic Dynamics and Control, Elsevier, vol. 156(C).
    31. Marco Del Negro & Ibrahima Diagne & Keshav Dogra & Pranay Gundam & Donggyu Lee & Brian Pacula, 2025. "Tradeoffs for the Poor, Divine Coincidence for the Rich," Staff Reports 1147, Federal Reserve Bank of New York.
    32. Federico Ravenna & Carl E. Walshy, 2024. "Inclusive Monetary Policy in a Model with Heterogeneous Workers," Carlo Alberto Notebooks 734 JEL Classification: E, Collegio Carlo Alberto.
    33. Corina Boar & Virgiliu Midrigan, 2019. "Markups and Inequality," NBER Working Papers 25952, National Bureau of Economic Research, Inc.
    34. Jolan Mohimont & Maite de Sola Perea & Marie-Denise Zachary, 2022. "Softening the blow: Job retention schemes in the pandemic," Working Paper Research 414, National Bank of Belgium.
    35. Bilbiie, F. O., 2024. "Monetary Policy and Heterogeneity: An Analytical Framework," Cambridge Working Papers in Economics 2432, Faculty of Economics, University of Cambridge.
    36. Acharya, Sushant & Challe, Edouard, 2025. "Reprint of: Inequality and optimal monetary policy in the open economy," Journal of International Economics, Elsevier, vol. 156(C).

  8. Anton Cheremukhin & Mikhail Golosov & Sergei Guriev & Aleh Tsyvinski, 2017. "The Industrialization and Economic Development of Russia through the Lens of a Neoclassical Growth Model," Post-Print hal-03878658, HAL.

    Cited by:

    1. Viktor Malein, 2021. "Human Capital and Industrialization: German Settlers in Late Imperial Russia," Working Papers 0221, European Historical Economics Society (EHES).
    2. Huang, Wenbin & Mishra, Ashok K., 2025. "Understanding agricultural subsidies and factor allocation: A general equilibrium analysis," Economic Modelling, Elsevier, vol. 153(C).
    3. Kufenko, Vadim & Khaustova, Ekaterina & Geloso, Vincent, 2022. "Escape underway: Malthusian pressures in late imperial Moscow," Explorations in Economic History, Elsevier, vol. 85(C).
    4. Buggle, Johannes C. & Nafziger, Steven, 2018. "The slow road from serfdom: Labor coercion and long-run development in the former Russian Empire," BOFIT Discussion Papers 22/2018, Bank of Finland Institute for Emerging Economies (BOFIT).
    5. Chetan Ghate & Gerhard Glomm & Jialu Liu Streeter, 2016. "Sectoral Infrastructure Investments in an Unbalanced Growing Economy: The Case of Potential Growth in India," Asian Development Review, MIT Press, vol. 33(2), pages 144-166, September.
    6. Bo, Shiyu & Liu, Cong & Zhou, Yan, 2023. "Military investment and the rise of industrial clusters: Evidence from China’s self-strengthening movement," Journal of Development Economics, Elsevier, vol. 161(C).
    7. Tang, Rongsheng, 2021. "Market Formation in China from 1978," MPRA Paper 105510, University Library of Munich, Germany.
    8. Kukic, Leonard, 2021. "Technical change and the postwar slowdown in Soviet economic growth," IFCS - Working Papers in Economic History.WH 33259, Universidad Carlos III de Madrid. Instituto Figuerola.
    9. Konté,Maty & Kouame,Wilfried Anicet Kouakou & Mensah,Emmanuel Buadi, 2021. "Structural Reforms and Productivity Growth in Developing Countries : Intra- or Inter-Reallocation Channel ?," Policy Research Working Paper Series 9733, The World Bank.
    10. Christopher A. Hartwell & Paul M. Vaaler, 2023. "The Price of Empire: Unrest Location and Sovereign Risk in Tsarist Russia," Papers 2309.06885, arXiv.org, revised Nov 2023.
    11. Matthias Morys & Martin Ivanov, 2024. "Did living standards actually improve under state socialism? Real wages in Bulgaria, 1924-1989," Working Papers 0267, European Historical Economics Society (EHES).
    12. Daniel Fehrle & Vasilij Konysev, 2025. "To converge or not to converge: Accounting for the German reunification," Discussion Paper Series 348, Universitaet Augsburg, Institute for Economics.
    13. Nikita I. Lychakov & Dmitrii L. Saprykin & Nadia Vanteeva, 2020. "Not Backward: Comparative Labour Productivity In British And Russian Manufacturing, Circa 1908," HSE Working papers WP BRP 199/HUM/2020, National Research University Higher School of Economics.
    14. del Río, Fernando & Lores, Francisco-Xavier, 2021. "Accounting for U.S. economic growth 1954–2017," Economic Modelling, Elsevier, vol. 101(C).
    15. Leonard Kukić, 2020. "Origins of regional divergence: economic growth in socialist Yugoslavia," Economic History Review, Economic History Society, vol. 73(4), pages 1097-1127, November.
    16. Sebastian Ottinger & Elizaveta Zelnitskaia, 2025. "Post(-Mongol) Roads to Path Dependence," CERGE-EI Working Papers wp807, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
    17. Kazi Arif Uz Zaman, 2022. "Regional Cooperation for Improving Agriculture Production Efficiency: A Strategic Tool for Emission Reduction," ADBI Working Papers 1301, Asian Development Bank Institute.
    18. Hirakata, Naohisa & Sunakawa, Takeki, 2019. "Financial frictions, capital misallocation and structural change," Journal of Macroeconomics, Elsevier, vol. 61(C), pages 1-1.
    19. Maty Konte & Wilfried A Kouamé & Emmanuel B Mensah, 2022. "Structural Reforms and Labor Productivity Growth in Developing Countries: Intra or Inter-Reallocation Channel?," The World Bank Economic Review, World Bank, vol. 36(3), pages 646-669.
    20. Carmen Camacho & Hannes Tepper, 2025. "Do this or do that? A model to prioritize reforms," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-04005785, HAL.
    21. Liu, Xianda & Hou, Wenxuan & Main, Brian G.M., 2022. "Anti-market sentiment and corporate social responsibility: Evidence from anti-Jewish pogroms," Journal of Corporate Finance, Elsevier, vol. 76(C).
    22. del Río, Fernando & Lores, Francisco-Xavier, 2023. "Accounting for spanish economic development 1850–2019," Economic Modelling, Elsevier, vol. 121(C).
    23. Marvin Suesse & Theocharis Grigoriadis, 2025. "Financing Late Industrialization: Evidence from the State Bank of the Russian Empire," Trinity Economics Papers tep0225, Trinity College Dublin, Department of Economics.
    24. Amanda Gregg & Steven Nafziger, 2016. "Capital Structure and Corporate Performance in Late Imperial Russia," Department of Economics Working Papers 2016-12, Department of Economics, Williams College.
    25. Khalid El Fayoumi & Gregory Auclair, 2019. "The Role of Labor Market Frictions in Structural Transformation," Working Papers 1282, Economic Research Forum, revised 2019.
    26. Guillem Blasco-Piles, 2025. "The Great Inner Divergence: TFP and Manufacturing Dualism in Industrializing Empires before WWI," Working Papers 0291, European Historical Economics Society (EHES).
    27. Leonard Kukić, 2024. "Technical change and the postwar slowdown in Soviet economic growth in a long run perspective, 1885–2019," Economic History Review, Economic History Society, vol. 77(2), pages 644-674, May.
    28. Gregg, Amanda & Nafziger, Steven, 2020. "Financing nascent industry: Leverage, politics, and performance in Imperial Russia," BOFIT Discussion Papers 7/2020, Bank of Finland Institute for Emerging Economies (BOFIT).
    29. Daniel Fehrle & Vasilij Konysev, 2025. "A “Marginal” Tale of Two Germanies: Accounting for the Systemic Divide," Discussion Paper Series 347, Universitaet Augsburg, Institute for Economics.
    30. Leonard Kukić, 2021. "The Nature Of Technological Failure: Patterns Of Biased Technical Change In Socialist Europe," Journal of Economic Surveys, Wiley Blackwell, vol. 35(3), pages 895-925, July.
    31. Gerda Asmus & Raphaël Franck, 2022. "State Capacity, National Economic Policies and Local Development: The Russian State in the Southern Urals," CESifo Working Paper Series 9616, CESifo.
    32. Lychakov, Nikita, 2024. "Corporations and partnerships: Factory productivity in late Imperial Russia," Explorations in Economic History, Elsevier, vol. 94(C).
    33. Popov, Vladimir & Konchakov, Roman & Didenko, Dmitry, 2023. "Factors of social tension in the provinces of the Russian Empire in the late 19th and early 20th centuries," MPRA Paper 118464, University Library of Munich, Germany.
    34. Khalid ElFayoumi & Anta Ndoye & Miss Sanaa Nadeem & Gregory Auclair, 2018. "Structural Reforms and Labor Reallocation: A Cross-Country Analysis," IMF Working Papers 2018/064, International Monetary Fund.
    35. Jesus Fernandez-Villaverde & Dario Laudati & Lee Ohanian & Vincenzo Quadrini, 2023. "Accounting for the Duality of the Italian Economy," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 50, pages 267-290, October.

  9. Thomas Sargent & Mikhail Golosov & David Evans & anmol bhandari, 2017. "Optimal Fiscal-Monetary Policy with Redistribution," 2017 Meeting Papers 1245, Society for Economic Dynamics.

    Cited by:

    1. Florin Bilbiie & Xavier Ragot, 2017. "Optimal Monetary Policy and Liquidity with Heterogeneous Households," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-03471839, HAL.
    2. José Alves, 2021. "The Sinful Side of Taxation: Is it Possible to Satisfy the Government Hunger for Revenues While Promoting Economic Growth?," Hacienda Pública Española / Review of Public Economics, IEF, vol. 237(2), pages 85-109, June.
    3. Anmol Bhandari & David Evans & Mikhail Golosov & Thomas Sargent, 2019. "The Optimal Maturity of Government Debt," 2019 Meeting Papers 1011, Society for Economic Dynamics.
    4. Sergeyev, Dmitriy & Mehrotra, Neil, 2020. "Debt Sustainability in a Low Interest Rate World," CEPR Discussion Papers 15282, C.E.P.R. Discussion Papers.
    5. Nils Mattis Gornemann, 2018. "HANK meets Ramsey: Optimal Coordination of Monetary and Labor Market Policies," 2018 Meeting Papers 1252, Society for Economic Dynamics.
    6. Bilbiie, Florin, 2017. "The New Keynesian Cross," CEPR Discussion Papers 11989, C.E.P.R. Discussion Papers.
    7. Ivens, Annika, 2018. "Optimal fiscal policy under private debt deleveraging," Journal of Economic Dynamics and Control, Elsevier, vol. 97(C), pages 1-18.
    8. Eunseong Ma, 2023. "Monetary Policy And Inequality: How Does One Affect The Other?," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 64(2), pages 691-725, May.

  10. Mikhail Golosov & David Evans & anmol bhandari, 2017. "Risk and Monetary Policy in a New Keynesian Model," 2017 Meeting Papers 1359, Society for Economic Dynamics.

    Cited by:

    1. Sushant Acharya & Keshav Dogra, 2018. "Understanding HANK: Insights from a PRANK," 2018 Meeting Papers 539, Society for Economic Dynamics.
    2. Guanlong Ren & John Stachurski, 2018. "Dynamic Programming with Recursive Preferences: Optimality and Applications," Papers 1812.05748, arXiv.org, revised Jun 2020.

  11. Thomas Sargent & Mikhail Golosov & David Evans & anmol bhandari, 2016. "Fiscal Policy and Debt Management with Incomplete Markets," 2016 Meeting Papers 1284, Society for Economic Dynamics.

    Cited by:

    1. Pintér, Gábor, 2022. "The procyclicality of inflation-linked debt," Economics Letters, Elsevier, vol. 218(C).
    2. Alisdair McKay & Ricardo Reis, 2018. "Countercyclical fiscal policy in a low r∗ world," 2018 Meeting Papers 621, Society for Economic Dynamics.
    3. Boris Chafwehé & Rigas Oikonomou & Romanos Priftis & Lukas Vogel, 2021. "(Optimal) Monetary Policy with and without Debt," Staff Working Papers 21-5, Bank of Canada.
    4. Casalin, Fabrizio & Dia, Enzo & Hughes Hallett, Andrew, 2020. "Public debt dynamics with tax revenue constraints," Economic Modelling, Elsevier, vol. 90(C), pages 501-515.
    5. Marco Bassetto & Thomas J. Sargent, 2020. "Shotgun Wedding: Fiscal and Monetary Policy," NBER Working Papers 27004, National Bureau of Economic Research, Inc.
    6. Ruediger Bachmann & Jinhui Bai & Minjoon Lee & Fudong Zhang, 2020. "The Welfare and Distributional Effects of Fiscal Volatility: a Quantitative Evaluation," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 38, pages 127-153, October.
    7. Chen, Rongjie & Liu, Songrui & Nie, Zhuo & Wang, Ruting, 2026. "Bank deregulation and the rise of local government debt: Evidence from joint-equity bank entry in China," Economic Modelling, Elsevier, vol. 154(C).
    8. Pierre Yared & Ricardo Nunes & Davide Debortoli, 2020. "Optimal Fiscal Policy without Commitment: Revisiting Lucas-Stokey," Working Papers 1144, Barcelona School of Economics.
    9. José Alves & Clarisse Wagner, 2024. "Leveraging interest-growth differentials: Hidden effects of government financial assets in the European Union," Working Papers REM 2024/0307, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa.
    10. Yongsung Chang & Yena Park, 2017. "Optimal Taxation with Private Insurance," Working papers 2017rwp-105, Yonsei University, Yonsei Economics Research Institute.
    11. Boháček, Radim & Kejak, Michal, 2018. "Optimal government policies in models with heterogeneous agents," Journal of Economic Theory, Elsevier, vol. 176(C), pages 834-858.
    12. Yang Li & Hu WenXiu & Su ZhenXing, 2023. "Impact of Local Official Corruption on Local Government Debt in China: The Mediating Role of Government Investment Efficiency," SAGE Open, , vol. 13(3), pages 21582440231, July.
    13. YiLi Chien & Yi Wen & HsinJung Wu, 2020. "Are Government Bonds Net Wealth or a Liability? ---Optimal Debt and Taxes in an OLG Model with Uninsurable Income Risk," Working Papers 2020-007, Federal Reserve Bank of St. Louis, revised 02 Apr 2025.
    14. Xu, Nancy R. & You, Yang, 2025. "Main Street’s Pain, Wall Street’s Gain," Journal of Financial Economics, Elsevier, vol. 168(C).
    15. YiLi Chien & Yi Wen, 2022. "Optimal Ramsey Taxation in Heterogeneous Agent Economies with Quasi-Linear Preferences," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 46, pages 124-160, October.
    16. Bhagath Cheela & André DeHon & Jesús Fernández‐Villaverde & Alessandro Peri, 2025. "Programming FPGAs for economics: An introduction to electrical engineering economics," Quantitative Economics, Econometric Society, vol. 16(1), pages 49-87, January.
    17. Saki Bigio & Galo Nuño & Juan Passadore, 2019. "Debt-Maturity Management with Liquidity Costs," NBER Working Papers 25808, National Bureau of Economic Research, Inc.
    18. Saki Bigio & Galo Nuño & Juan Passadore, 2019. "A framework for debt-maturity management," Working Papers 1919, Banco de España.
    19. A. Fatas & Mr. Atish R. Ghosh & Ugo Panizza & Mr. Andrea F Presbitero, 2019. "The Motives to Borrow," IMF Working Papers 2019/101, International Monetary Fund.
    20. Pierre Yared & Marina Azzimonti, 2017. "The Public and Private Provision of Safe Assets," 2017 Meeting Papers 755, Society for Economic Dynamics.
    21. Marina Azzimonti & Pierre Yared, 2018. "The Optimal Public and Private Provision of Safe Assets," NBER Working Papers 24534, National Bureau of Economic Research, Inc.
    22. Stohler, Fabio & Bayer, Christian, 2025. "Can Public Debt Crowd in Private Investment?," VfS Annual Conference 2025 (Cologne): Revival of Industrial Policy 325410, Verein für Socialpolitik / German Economic Association.
    23. Boris Chafwehé & Charles de Beauffort & Rigas Oikonomou, 2021. "Debt Management in a World of Fiscal Dominance," JRC Working Papers on Taxation & Structural Reforms 2021-11, Joint Research Centre.
    24. Floriana Cerniglia - Enzo Dia - Andrew Hughes Hallett, 2018. "Fiscal sustainability vs. fiscal stability: tax and debt under entitlement spending," CRANEC - Working Papers del Centro di Ricerche in Analisi economica e sviluppo economico internazionale crn1801, Università Cattolica del Sacro Cuore, Centro di Ricerche in Analisi economica e sviluppo economico internazionale (CRANEC).
    25. Plessen-Mátyás, Katharina & Kaufmann, Christoph & von Landesberger, Julian, 2021. "Funding behaviour of debt management offices and the ECB’s public sector purchase programme," Working Paper Series 2552, European Central Bank.
    26. Anastasios G. Karantounias, 2024. "A general theory of tax-smoothing," Discussion Papers 2444, Centre for Macroeconomics (CFM).
    27. Mikhail Golosov & David Evans & anmol bhandari, 2017. "Risk and Monetary Policy in a New Keynesian Model," 2017 Meeting Papers 1359, Society for Economic Dynamics.
    28. Davide Debortoli & Pierre Yared & Ricardo Nunes, 2019. "Optimal Fiscal Policy without Commitment: Beyond Lucas-Stokey," 2019 Meeting Papers 926, Society for Economic Dynamics.
    29. Zhengyang Jiang & Hanno Lustig & Stijn Van Nieuwerburgh & Mindy Z. Xiaolan, 2020. "Manufacturing Risk-free Government Debt," NBER Working Papers 27786, National Bureau of Economic Research, Inc.
    30. Anastasios Karantounias, 2019. "A dynamic theory of the excess burden of taxation," 2019 Meeting Papers 1356, Society for Economic Dynamics.
    31. Sandro Shelegia & Massimo Motta, 2021. "The 'Kill Zone': Copying, Acquisition and Start-Ups' Direction of Innovation," Working Papers 1253, Barcelona School of Economics.
    32. Oleg Itskhoki & Dmitry Mukhin, 2023. "Optimal Exchange Rate Policy," CESifo Working Paper Series 10837, CESifo.
    33. Etro, Federico, 2017. "Research in economics and macroeconomics," Research in Economics, Elsevier, vol. 71(3), pages 373-383.
    34. YiLi Chien & Yi Wen, 2020. "Optimal Fiscal Policy under Capital Overaccumulation," Working Papers 2020-002, Federal Reserve Bank of St. Louis, revised 30 Aug 2021.
    35. Kaufmann, Christoph, 2019. "Optimal fiscal substitutes for the exchange rate in monetary unions," Journal of Economic Dynamics and Control, Elsevier, vol. 103(C), pages 43-62.
    36. Demian Pouzo & Ignacio Presno, 2020. "Optimal Taxation with Endogenous Default under Incomplete Markets," International Finance Discussion Papers 1297, Board of Governors of the Federal Reserve System (U.S.).
    37. Pierre-Edouard Collignon, 2021. "No Regret Fiscal Reforms," Working Papers 2021-20, Center for Research in Economics and Statistics.
    38. Pierre Yared & Ricardo Nunes & Davide Debortoli, 2021. "The Commitment Benefit of Consols in Government Debt Management," Working Papers 1254, Barcelona School of Economics.

  12. Alessandro Dovis & Mikhail Golosov & Ali Shourideh, 2016. "Political Economy of Sovereign Debt: A Theory of Cycles of Populism and Austerity," NBER Working Papers 21948, National Bureau of Economic Research, Inc.

    Cited by:

    1. Antonio Cusato Novelli, 2021. "Sovereign default, political instability and political fragmentation," Review of International Economics, Wiley Blackwell, vol. 29(4), pages 732-755, September.
    2. Thomas Philippon & Francisco Roldán, 2018. "On the Optimal Speed of Sovereign Deleveraging with Precautionary Savings," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 66(2), pages 375-413, June.
    3. Benczes, István & Szabó, Krisztina, 2023. "Társadalmi törésvonalak és gazdasági (ir)racionalitások. A közgazdaságtan szerepe és helye a populizmus kutatásában [Social cleavages and economic (ir)rationalities: The role of economics in populism research]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(1), pages 23-54.
    4. Federico Faveretto & Donato Masciandaro, 2018. "Financial Inequality, group entitlements and populism," BAFFI CAREFIN Working Papers 1892, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy.
    5. Facundo Piguillem & Alessandro Riboni, 2018. "Fiscal Rules as Bargaining Chips," EIEF Working Papers Series 1804, Einaudi Institute for Economics and Finance (EIEF), revised Mar 2018.
    6. Marina Azzimonti & Vincenzo Quadrini, 2019. "International spillovers and `ex-ante' efficient bailouts," 2019 Meeting Papers 318, Society for Economic Dynamics.
    7. Pablo D'Erasmo & Enrique G. Mendoza, 2018. "History Remembered: Optimal Sovereign Default on Domestic and External Debt," NBER Working Papers 25073, National Bureau of Economic Research, Inc.
    8. Manuel Funke & Moritz Schularick & Christoph Trebesch, 2023. "Populist Leaders and the Economy," Post-Print hal-04211174, HAL.
    9. Enrique Mendoza, 2017. "Optimal Domestic (and External) Sovereign Default," 2017 Meeting Papers 279, Society for Economic Dynamics.
    10. Marina Azzimonti & Vincenzo Quadrini, 2019. "International Spillovers and Bailouts," Department of Economics Working Papers 19-06, Stony Brook University, Department of Economics.
    11. Donato Masciandaro & Francesco Passarelli, 2018. "Populism, Financial Inequality And Central Bank Independence: A Political Economics Approach," BAFFI CAREFIN Working Papers 1874, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy.
    12. Minjie Deng, 2021. "Inequality, Taxation, and Sovereign Default Risk," Discussion Papers dp21-15, Department of Economics, Simon Fraser University.
    13. Ohnsorge, Franziska & Kose, M. Ayhan & Sugawara, Naotaka, 2020. "Benefits and Costs of Debt: The Dose Makes the Poison," CEPR Discussion Papers 14439, C.E.P.R. Discussion Papers.
    14. Bocola, Luigi & Bornstein, Gideon & Dovis, Alessandro, 2019. "Quantitative sovereign default models and the European debt crisis," Journal of International Economics, Elsevier, vol. 118(C), pages 20-30.
    15. Petar Stankov, 2018. "The Political Economy of Populism: An Empirical Investigation," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 60(2), pages 230-253, June.
    16. Khani Hoolari, Seyed Morteza & Taghinejad Omran, Vahid, 2017. "Natural Budget Deficit and Natural Political Cyclicality," MPRA Paper 78107, University Library of Munich, Germany.
    17. Bayerlein, Michael & Boese-Schlosser, Vanessa A. & Gates, Scott & Kamin, Katrin & Murshed, Syed Mansoob, 2021. "Populism and COVID19: How populist governments (mis)handle the pandemic," Kiel Working Papers 2192, Kiel Institute for the World Economy.
    18. Scholl, Almuth, 2017. "The dynamics of sovereign default risk and political turnover," Journal of International Economics, Elsevier, vol. 108(C), pages 37-53.
    19. Jussi Lindgren, 2021. "Examination of Interest-Growth Differentials and the Risk of Sovereign Insolvency," Risks, MDPI, vol. 9(4), pages 1-14, April.
    20. Timm M. Prein & Almuth Scholl, 2018. "The Impact of Bailouts on Political Turnover and Sovereign Default Risk," Working Paper Series of the Department of Economics, University of Konstanz 2018-04, Department of Economics, University of Konstanz.
    21. Donato Masciandaro & Davide Romelli, 2018. "Beyond the Central Bank Independence Veil: New Evidence," BAFFI CAREFIN Working Papers 1871, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy.
    22. Donato Masciandaro & Francesco Passarelli, 2020. "Populism, Political Pressure and Central Bank (in)Dependence," Open Economies Review, Springer, vol. 31(3), pages 691-705, July.
    23. Leonardo Martinez & Francisco Roch & Francisco Roldan & Jeromin Zettelmeyer, 2022. "Sovereign Debt," Working Papers 167, Red Nacional de Investigadores en Economía (RedNIE).
    24. Axelle Ferriere & Anastasios Karantounias, 2019. "Fiscal Austerity in Ambiguous Times," Post-Print halshs-02084280, HAL.
    25. Michaud, Amanda & Rothert, Jacek, 2018. "Redistributive fiscal policies and business cycles in emerging economies," Journal of International Economics, Elsevier, vol. 112(C), pages 123-133.
    26. Doemeland,Doerte & Estevão,Marcello & Jooste,Charl & Sampi Bravo,James Robert Ezequiel & Tsiropoulos,Vasileios, 2022. "Debt Vulnerability Analysis : A Multi-Angle Approach," Policy Research Working Paper Series 9929, The World Bank.
    27. Donato Masciandaro, 2019. "Populism, Economic Policies, Political Pressure And Central Bank (In)Dependence," BAFFI CAREFIN Working Papers 19111, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy.
    28. Phan, Toan, 2017. "A model of sovereign debt with private information," Journal of Economic Dynamics and Control, Elsevier, vol. 83(C), pages 1-17.
    29. Tran-Xuan, Monica, 2023. "Optimal redistributive policy in debt constrained economies," Journal of International Economics, Elsevier, vol. 144(C).
    30. Lancia, Francesco & Russo, Alessia & Worrall, Tim S, 2020. "Optimal Sustainable Intergenerational Insurance," CEPR Discussion Papers 15540, C.E.P.R. Discussion Papers.
    31. Demian Pouzo & Ignacio Presno, 2020. "Optimal Taxation with Endogenous Default under Incomplete Markets," International Finance Discussion Papers 1297, Board of Governors of the Federal Reserve System (U.S.).

  13. Mikhail Golosov & Aleh Tsyvinski & Nicolas Werquin, 2016. "Recursive Contracts and Endogenously Incomplete Markets," NBER Working Papers 22012, National Bureau of Economic Research, Inc.

    Cited by:

    1. Cui, Xiaoyong & Gong, Liutang & Li, Wenjian, 2021. "Supply-side optimal capital taxation with endogenous wage inequality," Journal of Public Economics, Elsevier, vol. 198(C).
    2. Robert G. King & Yang K. Lu, 2020. "Managing Expectations in the New Keynesian Model," HKUST CEP Working Papers Series 202007, HKUST Center for Economic Policy.
    3. Keiichiro KOBAYASHI & Tomoyuki NAKAJIMA & Shuhei TAKAHASHI, 2020. "Lack of debt restructuring and lender's credibility － A theory of nonperforming loans －," CIGS Working Paper Series 20-002E, The Canon Institute for Global Studies.
    4. François Le Grand & Xavier Ragot, 2017. "Optimal Fiscal Policy with Heterogeneous Agents and Aggregate Shocks," Sciences Po Economics Publications (main) hal-03458683, HAL.
    5. Karaivanov, Alexander K. & Martin, Fernando M., 2018. "Markov-perfect risk sharing, moral hazard and limited commitment," Journal of Economic Dynamics and Control, Elsevier, vol. 94(C), pages 1-23.
    6. Bensoussan, Alain & Chevalier-Roignant, Benoit & Nguyen, Nam & Rivera, Alejandro, 2024. "Financing green entrepreneurs under limited commitment," Journal of Economic Dynamics and Control, Elsevier, vol. 168(C).
    7. Eduardo Dávila & Benjamin M. Hébert, 2019. "Optimal Corporate Taxation Under Financial Frictions," NBER Working Papers 25520, National Bureau of Economic Research, Inc.
    8. Philipp Renner & Simon Scheidegger, 2017. "Machine learning for dynamic incentive problems," Working Papers 203620397, Lancaster University Management School, Economics Department.
    9. Alex Bloedel & R. Vijay Krishna & Oksana Leukhina, 2018. "Insurance and Inequality with Persistent Private Information," Working Papers 2018-020, Federal Reserve Bank of St. Louis, revised 11 Aug 2024.
    10. Jean Guillaume Forand & Jan Zapal, 2017. "The Demand and Supply of Favours in Dynamic Relationships," CERGE-EI Working Papers wp605, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
    11. Krasikov, Ilia & Lamba, Rohit, 2021. "A theory of dynamic contracting with financial constraints," Journal of Economic Theory, Elsevier, vol. 193(C).
    12. Keiichiro Kobayashi & Tomoyuki Nakajima & Shuhei Takahashi, 2021. "Debt overhang and lack of lender’s commitment," CIGS Working Paper Series 21-010E, The Canon Institute for Global Studies.
    13. Krueger, Dirk & Uhlig, Harald, 2023. "Neoclassical growth with long-term one-sided commitment contracts," CFS Working Paper Series 698, Center for Financial Studies (CFS).
    14. Dirk Krueger & Harald Uhlig, 2024. "Neoclassical Growth with Limited Commitment," PIER Working Paper Archive 22-023, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.

  14. Mikhail Golosov & Guido Menzio, 2015. "Agency Business Cycles," NBER Working Papers 21743, National Bureau of Economic Research, Inc.

    Cited by:

    1. Jan Eeckhout & Ilse Lindenlaub, 2015. "Unemployment cycles," IFS Working Papers W15/26, Institute for Fiscal Studies.
    2. J. Paolo Martellini & Guido Menzio & Ludo Visschers, 2019. "Revisiting the Hypothesis of High Discounts and High Unemployment," PIER Working Paper Archive 19-011, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    3. Yunan Li & Cheng Wang, 2022. "Endogenous Labor Market Cycles," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 63(2), pages 849-881, May.
    4. Schaal, Edouard & Taschereau-Dumouchel, Mathieu, 2023. "Herding through booms and busts," Journal of Economic Theory, Elsevier, vol. 210(C).
    5. Tomohiro HIRANO & Joseph E. Stiglitz, 2021. "The Wobbly Economy; Global Dynamics with Phase Transitions and State Transitions," CIGS Working Paper Series 21-008E, The Canon Institute for Global Studies.
    6. Gregory, Victoria & Menzio, Guido & Wiczer, David, 2025. "The alpha beta gamma of the labor market," Journal of Monetary Economics, Elsevier, vol. 150(C).
    7. Benhabib, Jess & Dong, Feng & Wang, Pengfei & Xu, Zhenyang, 2025. "Aggregate demand externality and self-fulfilling default cycles," Journal of Monetary Economics, Elsevier, vol. 156(C).
    8. Mercan, Yusuf & Schoefer, Benjamin & SedlÃ¡Ä ek, Petr, 2022. "A Congestion Theory of Unemployment Fluctuations," CEPR Discussion Papers 15500, C.E.P.R. Discussion Papers.

  15. Anton Cheremukhin & Mikhail Golosov & Sergei Guriev & Aleh Tsyvinski, 2015. "The Economy of People’s Republic of China from 1953," NBER Working Papers 21397, National Bureau of Economic Research, Inc.

    Cited by:

    1. Murach, Michael & Wagner, Helmut & Kim, Jungsuk & Park, Donghyun, 2018. "Avoiding the middle-income trap: Korean lessons for China?," CEAMeS Discussion Paper Series 14/2018, University of Hagen, Center for East Asia Macro-economic Studies (CEAMeS).
    2. Murach, Michael & Wagner, Helmut & Kim, Jungsuk & Park, Donghyun, 2022. "Trajectories to high income: Comparing the growth dynamics in China, South Korea, and Japan with cointegrated VAR models," Structural Change and Economic Dynamics, Elsevier, vol. 62(C), pages 492-511.
    3. Cui, Kun & Li, Bo & Wang, Hanyang, 2021. "Quantitative analysis of health insurance reform in China: Pure consolidation or universal health insurance?," Economic Modelling, Elsevier, vol. 101(C).
    4. Ricardo Reyes-Heroles, 2018. "Globalization and Structural Change in the United States: A Quantitative Assessment," 2018 Meeting Papers 1027, Society for Economic Dynamics.
    5. Lein-Lein Chen & John Devereux, 2017. "The Iron Rice Bowl: Chinese Living Standards 1952–1978," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 59(3), pages 261-310, September.
    6. del Río, Fernando & Lores, Francisco-Xavier, 2021. "Accounting for U.S. economic growth 1954–2017," Economic Modelling, Elsevier, vol. 101(C).
    7. José R. Sánchez-Fung, 2016. "Reviewing Trade Policy in China During the Transition to Balanced Economic Growth," The World Economy, Wiley Blackwell, vol. 39(12), pages 1934-1946, December.
    8. Loren Brandt & Gueorgui Kambourov & Kjetil Storesletten, 2018. "Barriers to Entry and Regional Economic Growth in China," 2018 Meeting Papers 954, Society for Economic Dynamics.
    9. Roy van der Weide & Ambar Narayan, 2019. "China and the United States: Different economic models but similarly low levels of socioeconomic mobility," WIDER Working Paper Series wp-2019-121, World Institute for Development Economic Research (UNU-WIDER).
    10. Hansen, G.D. & Ohanian, L.E., 2016. "Neoclassical Models in Macroeconomics," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 2043-2130, Elsevier.
    11. David Michael M. San Juan, 2018. "Premises, Perils, and Promises of ASEAN Integration," Journal of Developing Societies, , vol. 34(3), pages 325-350, September.
    12. Kukić, Leonard, 2017. "Socialist growth revisited: insights from Yugoslavia," Economic History Working Papers 85079, London School of Economics and Political Science, Department of Economic History.
    13. Nitin Agarwala & Rana Divyank Chaudhary, 2021. "‘Made in China 2025’: Poised for Success?," India Quarterly: A Journal of International Affairs, , vol. 77(3), pages 424-461, September.
    14. Marinko Skare & Luis A. Gil-Alana & Gloria Claudio-Quiroga & Romina Pržiklas Družeta, 2021. "Income inequality in China 1952–2017: persistence and main determinants," Oeconomia Copernicana, Institute of Economic Research, vol. 12(4), pages 863-888, December.
    15. Simon Alder & Lin Shao & Fabrizio Zilibotti, 2016. "Economic reforms and industrial policy in a panel of Chinese cities," Journal of Economic Growth, Springer, vol. 21(4), pages 305-349, December.
    16. Grzegorz W. Kolodko, 2018. "Socialism or capitalism? Tertium Datur," Economy and Forecasting, Valeriy Heyets, issue 1, pages 7-36.
    17. del Río, Fernando & Lores, Francisco-Xavier, 2023. "Accounting for Spanish economic development 1850-2019," MPRA Paper 116025, University Library of Munich, Germany.
    18. Zhao, Bo, 2020. "COVID-19 pandemic, health risks, and economic consequences: Evidence from China," China Economic Review, Elsevier, vol. 64(C).
    19. Justin Yifu Lin & Wei Wang & Venite Zhaoyang Xu, 2021. "Catch‐up industrial policy and economic transition in China," The World Economy, Wiley Blackwell, vol. 44(3), pages 602-632, March.
    20. Fengliang Liu & Xin Yi & Ze Yu, 2017. "Structural change in China: the role of factor market distortions," Journal of Chinese Economic and Business Studies, Taylor & Francis Journals, vol. 15(2), pages 185-204, April.
    21. Hang, Jing & Zhan, Chaoqun, 2023. "Government procurement and resource misallocation: Evidence from China," Journal of Economic Behavior & Organization, Elsevier, vol. 216(C), pages 568-589.
    22. Jeannine Bailliu & Mark Kruger & Argyn Toktamyssov & Wheaton Welbourn, 2016. "How Fast Can China Grow? The Middle Kingdom’s Prospects to 2030," Staff Working Papers 16-15, Bank of Canada.

  16. Anton Cheremukhin & Mikhail Golosov & Sergei Guriev & Aleh Tsyvinski, 2015. "The Economy of the People's Republic of China since 1953," Sciences Po Economics Publications (main) hal-03459737, HAL.

    Cited by:

    1. Murach, Michael & Wagner, Helmut & Kim, Jungsuk & Park, Donghyun, 2022. "Trajectories to high income: Comparing the growth dynamics in China, South Korea, and Japan with cointegrated VAR models," Structural Change and Economic Dynamics, Elsevier, vol. 62(C), pages 492-511.
    2. Marinko Skare & Luis A. Gil-Alana & Gloria Claudio-Quiroga & Romina Pržiklas Družeta, 2021. "Income inequality in China 1952–2017: persistence and main determinants," Oeconomia Copernicana, Institute of Economic Research, vol. 12(4), pages 863-888, December.
    3. del Río, Fernando & Lores, Francisco-Xavier, 2023. "Accounting for Spanish economic development 1850-2019," MPRA Paper 116025, University Library of Munich, Germany.
    4. Justin Yifu Lin & Wei Wang & Venite Zhaoyang Xu, 2021. "Catch‐up industrial policy and economic transition in China," The World Economy, Wiley Blackwell, vol. 44(3), pages 602-632, March.

  17. Guriev, Sergei & Cheremukhin, Anton & Golosov, Mikhail & Tsyvinski, Aleh, 2015. "The Economy of People’s Republic of China from 1953," CEPR Discussion Papers 10764, C.E.P.R. Discussion Papers.

    Cited by:

    1. Murach, Michael & Wagner, Helmut & Kim, Jungsuk & Park, Donghyun, 2018. "Avoiding the middle-income trap: Korean lessons for China?," CEAMeS Discussion Paper Series 14/2018, University of Hagen, Center for East Asia Macro-economic Studies (CEAMeS).
    2. Murach, Michael & Wagner, Helmut & Kim, Jungsuk & Park, Donghyun, 2022. "Trajectories to high income: Comparing the growth dynamics in China, South Korea, and Japan with cointegrated VAR models," Structural Change and Economic Dynamics, Elsevier, vol. 62(C), pages 492-511.
    3. Cui, Kun & Li, Bo & Wang, Hanyang, 2021. "Quantitative analysis of health insurance reform in China: Pure consolidation or universal health insurance?," Economic Modelling, Elsevier, vol. 101(C).
    4. Ricardo Reyes-Heroles, 2018. "Globalization and Structural Change in the United States: A Quantitative Assessment," 2018 Meeting Papers 1027, Society for Economic Dynamics.
    5. Lein-Lein Chen & John Devereux, 2017. "The Iron Rice Bowl: Chinese Living Standards 1952–1978," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 59(3), pages 261-310, September.
    6. del Río, Fernando & Lores, Francisco-Xavier, 2021. "Accounting for U.S. economic growth 1954–2017," Economic Modelling, Elsevier, vol. 101(C).
    7. Wenbiao Cai, 2014. "Structural Change Accounting with Labor Market Distortions," Departmental Working Papers 2014-03, The University of Winnipeg, Department of Economics.
    8. José R. Sánchez-Fung, 2016. "Reviewing Trade Policy in China During the Transition to Balanced Economic Growth," The World Economy, Wiley Blackwell, vol. 39(12), pages 1934-1946, December.
    9. Loren Brandt & Gueorgui Kambourov & Kjetil Storesletten, 2018. "Barriers to Entry and Regional Economic Growth in China," 2018 Meeting Papers 954, Society for Economic Dynamics.
    10. Roy van der Weide & Ambar Narayan, 2019. "China and the United States: Different economic models but similarly low levels of socioeconomic mobility," WIDER Working Paper Series wp-2019-121, World Institute for Development Economic Research (UNU-WIDER).
    11. Hansen, G.D. & Ohanian, L.E., 2016. "Neoclassical Models in Macroeconomics," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 2043-2130, Elsevier.
    12. David Michael M. San Juan, 2018. "Premises, Perils, and Promises of ASEAN Integration," Journal of Developing Societies, , vol. 34(3), pages 325-350, September.
    13. Kukić, Leonard, 2017. "Socialist growth revisited: insights from Yugoslavia," Economic History Working Papers 85079, London School of Economics and Political Science, Department of Economic History.
    14. Nitin Agarwala & Rana Divyank Chaudhary, 2021. "‘Made in China 2025’: Poised for Success?," India Quarterly: A Journal of International Affairs, , vol. 77(3), pages 424-461, September.
    15. Marinko Skare & Luis A. Gil-Alana & Gloria Claudio-Quiroga & Romina Pržiklas Družeta, 2021. "Income inequality in China 1952–2017: persistence and main determinants," Oeconomia Copernicana, Institute of Economic Research, vol. 12(4), pages 863-888, December.
    16. Simon Alder & Lin Shao & Fabrizio Zilibotti, 2016. "Economic reforms and industrial policy in a panel of Chinese cities," Journal of Economic Growth, Springer, vol. 21(4), pages 305-349, December.
    17. Enrica Di Stefano & Daniela Marconi, 2016. "Structural transformation and allocation efficiency in China and India," Temi di discussione (Economic working papers) 1093, Bank of Italy, Economic Research and International Relations Area.
    18. Grzegorz W. Kolodko, 2018. "Socialism or capitalism? Tertium Datur," Economy and Forecasting, Valeriy Heyets, issue 1, pages 7-36.
    19. del Río, Fernando & Lores, Francisco-Xavier, 2023. "Accounting for Spanish economic development 1850-2019," MPRA Paper 116025, University Library of Munich, Germany.
    20. Zhao, Bo, 2020. "COVID-19 pandemic, health risks, and economic consequences: Evidence from China," China Economic Review, Elsevier, vol. 64(C).
    21. Kukić, Leonard, 2017. "Regional development under socialism: evidence from Yugoslavia," Economic History Working Papers 85078, London School of Economics and Political Science, Department of Economic History.
    22. Justin Yifu Lin & Wei Wang & Venite Zhaoyang Xu, 2021. "Catch‐up industrial policy and economic transition in China," The World Economy, Wiley Blackwell, vol. 44(3), pages 602-632, March.
    23. Fengliang Liu & Xin Yi & Ze Yu, 2017. "Structural change in China: the role of factor market distortions," Journal of Chinese Economic and Business Studies, Taylor & Francis Journals, vol. 15(2), pages 185-204, April.
    24. Hang, Jing & Zhan, Chaoqun, 2023. "Government procurement and resource misallocation: Evidence from China," Journal of Economic Behavior & Organization, Elsevier, vol. 216(C), pages 568-589.
    25. Jeannine Bailliu & Mark Kruger & Argyn Toktamyssov & Wheaton Welbourn, 2016. "How Fast Can China Grow? The Middle Kingdom’s Prospects to 2030," Staff Working Papers 16-15, Bank of Canada.

  18. Thomas Sargent & Mikhail Golosov & David Evans & anmol bhandari, 2014. "Optimal Taxation with Incomplete Markets," 2014 Meeting Papers 1276, Society for Economic Dynamics.

    Cited by:

    1. Pham, Ngoc-Sang, 2017. "Dividend taxation in an infinite-horizon general equilibrium model," MPRA Paper 80580, University Library of Munich, Germany.

  19. Mikhail Golosov & Ali Shourideh & Alessandro Dovis, 2014. "Sovereign Debt vs Redistributive Taxes: Financing Recoveries in Unequal and Uncommitted Economies," 2014 Meeting Papers 874, Society for Economic Dynamics.

    Cited by:

    1. Pablo D'Erasmo & Enrique G. Mendoza & Jing Zhang, 2015. "What is a Sustainable Public Debt?," NBER Working Papers 21574, National Bureau of Economic Research, Inc.
    2. Pablo D'Erasmo & Enrique Mendoza, 2015. "Distributional Incentives in an Equilibrium Model of Domestic Sovereign Default," PIER Working Paper Archive 15-031, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 27 Aug 2015.
    3. Xiaoshan Chen & Campbell Leith & Matta Ricci, 2018. "Debt Sustainability and Welfare along an Optimal Laffer Curve," Working Papers 2018_01, Business School - Economics, University of Glasgow.

  20. Mikhail Golosov & Aleh Tsyvinski & Nicolas Werquin, 2014. "A Variational Approach to the Analysis of Tax Systems," NBER Working Papers 20780, National Bureau of Economic Research, Inc.

    Cited by:

    1. Dominik Sachs & Sebastian Findeisen, 2016. "Optimal Financial Aid Policies for Students," 2016 Meeting Papers 1421, Society for Economic Dynamics.
    2. Mark Huggett & Wenlan Luo, 2021. "Optimal Income Taxation: An Urban Economics Perspective," Opportunity and Inclusive Growth Institute Working Papers 51, Federal Reserve Bank of Minneapolis.
    3. Pawel Doligalski & Piotr Dworczak & Joanna Krysta, 2023. "Incentive separability," Bristol Economics Discussion Papers 23/777, School of Economics, University of Bristol, UK.
    4. Casey Rothschild & Florian Scheuer, 2015. "A Theory of Income Taxation under Multidimensional Skill Heterogeneity," CESifo Working Paper Series 5165, CESifo.
    5. Ufuk Akcigit & Douglas Hanley & Stefanie Stantcheva, 2016. "Optimal Taxation and R&D Policies," Working Papers 2016-031, Human Capital and Economic Opportunity Working Group.
    6. Katy Bergstrom & William Dodds, 2024. "A General Theory of Inverse Welfare Functions," Working Papers 2408, Tulane University, Department of Economics.
    7. Long, Ngo Van, 2019. "Financing higher education in an imperfect world," Economics of Education Review, Elsevier, vol. 71(C), pages 23-31.
    8. Findeisen, Sebastian & Sachs, Dominik, 2015. "Redistribution and Insurance with Simple Tax Instruments," CEPR Discussion Papers 10668, C.E.P.R. Discussion Papers.
    9. J. Malte Zoubek, 2018. "Spatial Productivity Differences and the Optimal Tax Treatment of Commuting Expenses," Volkswirtschaftliche Diskussionsbeiträge 187-18, Universität Siegen, Fakultät Wirtschaftswissenschaften, Wirtschaftsinformatik und Wirtschaftsrecht.
    10. Mark Colas & Sebastian Findeisen & Dominik Sachs, 2018. "Optimal Need-Based Financial Aid," Opportunity and Inclusive Growth Institute Working Papers 14, Federal Reserve Bank of Minneapolis.
    11. Karl Schulz, 2021. "Redistribution of Return Inequality," CESifo Working Paper Series 8996, CESifo.
    12. Yongsung Chang & Yena Park, 2017. "Optimal Taxation with Private Insurance," Working papers 2017rwp-105, Yonsei University, Yonsei Economics Research Institute.
    13. Felix Bierbrauer, 2024. "Is a Uniform Price on Carbon Desirable?," ECONtribute Discussion Papers Series 299, University of Bonn and University of Cologne, Germany.
    14. Vidar Christiansen & Zhiyang Jia & Thor O. Thoresen, 2022. "Assessing income tax perturbations," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 29(2), pages 472-504, April.
    15. Laurence Jacquet & Etienne Lehmann, 2017. "Optimal income taxation with composition effects," TEPP Working Paper 2017-04, TEPP.
    16. Boháček, Radim & Kejak, Michal, 2018. "Optimal government policies in models with heterogeneous agents," Journal of Economic Theory, Elsevier, vol. 176(C), pages 834-858.
    17. Mikhail Golosov & Aleh Tsyvinski, 2016. "The Research Agenda: Mikhail Golosov and Aleh Tsyvinski on New Dynamic Public Finance," EconomicDynamics Newsletter, Review of Economic Dynamics, vol. 17(2), November.
    18. Bierbrauer, Felix & Boyer, Pierre & Hansen, Emanuel, 2020. "Pareto-improving tax reforms and the Earned Income Tax Credit," CEPR Discussion Papers 14853, C.E.P.R. Discussion Papers.
    19. Albert Jan Hummel, 2021. "Monopsony power, income taxation and welfare," Tinbergen Institute Discussion Papers 21-051/VI, Tinbergen Institute.
    20. Ilzetzki, Ethan, 2018. "Tax reform and the political economy of the tax base," Journal of Public Economics, Elsevier, vol. 164(C), pages 197-210.
    21. Hirofumi Takikawa, 2024. "Optimal Income Taxation and Formalization of the Informal Economy," Discussion Paper Series DP2024-18, Research Institute for Economics & Business Administration, Kobe University.
    22. Albert Jan Hummel, 2021. "Tax Curvature," CESifo Working Paper Series 9220, CESifo.
    23. Saki Bigio & Galo Nuño & Juan Passadore, 2019. "Debt-Maturity Management with Liquidity Costs," NBER Working Papers 25808, National Bureau of Economic Research, Inc.
    24. Christian Moser & Pedro Olea de Souza e Silva, 2019. "Optimal Paternalistic Savings Policies," Opportunity and Inclusive Growth Institute Working Papers 17, Federal Reserve Bank of Minneapolis.
    25. Saki Bigio & Galo Nuño & Juan Passadore, 2019. "A framework for debt-maturity management," Working Papers 1919, Banco de España.
    26. Bergstrom,Katy Ann & Dodds,William, 2021. "Optimal Taxation with Multiple Dimensions of Heterogeneity," Policy Research Working Paper Series 9572, The World Bank.
    27. Sebastian Findeisen & Dominik Sachs, 2015. "Designing Efficient College and Tax Policies," CESifo Working Paper Series 5435, CESifo.
    28. Robin Boadway & Kevin Spiritus, 2021. "Optimal Taxation of Normal and Excess Returns to Risky Assets," Tinbergen Institute Discussion Papers 21-025/VI, Tinbergen Institute.
    29. Dávila, Eduardo & Walther, Ansgar, 2021. "Prudential policy with distorted beliefs," ESRB Working Paper Series 130, European Systemic Risk Board.
    30. David Koll & Dominik Sachs & Fabian Stürmer-Heiber & Hélène Turon, 2025. "Quantifying Okun’s Leaky Bucket: The Case of Progressive Childcare Subsidies," Bristol Economics Discussion Papers 25/799, School of Economics, University of Bristol, UK.
    31. Anmol Bhandari & David Evans & Mikhail Golosov & Thomas Sargent, 2019. "The Optimal Maturity of Government Debt," 2019 Meeting Papers 1011, Society for Economic Dynamics.
    32. Kevin Spiritus, 2025. "Optimal commodity taxation when households earn multiple incomes," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 32(1), pages 98-119, February.
    33. Eden,Maya, 2017. "Is there enough redistribution ?," Policy Research Working Paper Series 8003, The World Bank.
    34. Felix Bierbrauer & Aleh Tsyvinski & Nicolas WERQUIN, 2019. "Taxes and Turnout," 2019 Meeting Papers 377, Society for Economic Dynamics.
    35. Boyer, Pierre & Bierbrauer, Felix, 2018. "Politically feasible reforms of non-linear tax systems," CEPR Discussion Papers 13059, C.E.P.R. Discussion Papers.
    36. Marcus Berliant & Pierre C. Boyer, 2022. "Politics and Income Taxes: Progress and Progressivity," CESifo Working Paper Series 10041, CESifo.
    37. William Dodds, 2024. "Solving multidimensional screening problems using a generalized single crossing property," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 77(4), pages 1025-1084, June.
    38. Stefanie Stantcheva, 2015. "Learning and (or) Doing: Human Capital Investments and Optimal Taxation," NBER Working Papers 21381, National Bureau of Economic Research, Inc.
    39. Dominik Sachs & Aleh Tsyvinski & Nicolas Werquin, 2016. "Nonlinear Tax Incidence and Optimal Taxation in General Equilibrium," CESifo Working Paper Series 6089, CESifo.
    40. Aart Gerritsen, 2024. "Optimal nonlinear taxation: a simpler approach," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 31(2), pages 486-510, April.
    41. Ethan Ilzetzki, 2015. "A Positive Theory of Tax Reform," Discussion Papers 1526, Centre for Macroeconomics (CFM).
    42. Felix J. Bierbrauer & Pierre C. Boyer & Andreas Peichl & Daniel Weishaar, 2023. "The Political Economy of Joint Taxation," ECONtribute Discussion Papers Series 239, University of Bonn and University of Cologne, Germany.
    43. Ashley C. Craig & Thomas Lloyd & Dylan Moore & Ashley Craig, 2025. "Do Distributional Concerns Justify Lower Environmental Taxes?," CESifo Working Paper Series 12317, CESifo.
    44. David Koll & Dominik Sachs & Fabian Stürmer-Heiber & Hélène Turon, 2023. "Equity and Efficiency of Childcare Subsidies: A Dynamic Structural Approach," CESifo Working Paper Series 10793, CESifo.
    45. Brendon, C., 2022. "Optimal Nonlinear Savings Taxation," Cambridge Working Papers in Economics 2221, Faculty of Economics, University of Cambridge.
    46. Hellwig, Christian & Werquin, Nicolas, 2022. "Using Consumption Data to Derive Optimal Income and Capital Tax Rates," TSE Working Papers 22-1284, Toulouse School of Economics (TSE), revised Jan 2026.
    47. Aleh Tsyvinski & Nicolas Werquin, 2017. "Generalized Compensation Principle," NBER Working Papers 23509, National Bureau of Economic Research, Inc.
    48. Albert Jan Hummel, 2021. "Unemployment and Tax Design," CESifo Working Paper Series 9177, CESifo.
    49. Albert Jan Hummel, 2021. "Unemployment and tax design," Tinbergen Institute Discussion Papers 21-061/VI, Tinbergen Institute.
    50. David Koll & Dominik Sachs & Fabian Stürmer-Heiber & Hélène Turon, 2024. "Quantifying Okun’s Leaky Bucket: The Case of Progressive Childcare Subsidies," CESifo Working Paper Series 11196, CESifo.
    51. Spencer Bastani & Daniel Waldenström, 2020. "How Should Capital Be Taxed?," Journal of Economic Surveys, Wiley Blackwell, vol. 34(4), pages 812-846, September.
    52. Felix Bierbrauer & Pierre Boyer & Andreas Peichl & Daniel Weishaar, 2023. "The Taxation of Couples," Rationality and Competition Discussion Paper Series 405, CRC TRR 190 Rationality and Competition.
    53. Dominik Sachs & Aleh Tsyvinski & Nicolas Werquin, 2016. "A Theory of Asset Prices Based on Heterogeneous Information," Cowles Foundation Discussion Papers 2051, Cowles Foundation for Research in Economics, Yale University.
    54. Aart Gerritsen, 2016. "Optimal Nonlinear Taxation: The Dual Approach," Working Papers tax-mpg-rps-2016-02, Max Planck Institute for Tax Law and Public Finance.
    55. Hummel, Albert Jan, 2025. "Unemployment and tax design," Journal of Public Economics, Elsevier, vol. 246(C).
    56. Nicolas Werquin & Aleh Tsyvinski & Mikhail Golosov, 2015. "A Variational Approach to the Analysis of Tax Systems," 2015 Meeting Papers 244, Society for Economic Dynamics.
    57. Didier Laussel & Ngo Van Long & Joana Resende, 2021. "Asymmetric Information and Differentiated Durable Goods Monopoly: Intra-Period Versus Intertemporal Price Discrimination," CESifo Working Paper Series 9294, CESifo.
    58. Doligalski, Paweł & Rojas, Luis E., 2023. "Optimal redistribution with a shadow economy," Theoretical Economics, Econometric Society, vol. 18(2), May.
    59. Albert Jan Hummel, 2021. "Monopsony Power, Income Taxation and Welfare," CESifo Working Paper Series 9128, CESifo.
    60. Stefanie Stantcheva, 2015. "Optimal Income, Education, and Bequest Taxes in an Intergenerational Model," NBER Working Papers 21177, National Bureau of Economic Research, Inc.
    61. Laussel, Didier & Long, Ngo Van & Resende, Joana, 2020. "Quality and Price Personalization under Customer Recognition: a Dynamic Monopoly Model with Contrasting Equilibria," Discussion paper series HIAS-E-96, Hitotsubashi Institute for Advanced Study, Hitotsubashi University.
    62. Stefanie Stantcheva, 2020. "Dynamic Taxation," Annual Review of Economics, Annual Reviews, vol. 12(1), pages 801-831, August.
    63. Emmanuel Saez & Stefanie Stantcheva, 2016. "A Simpler Theory of Optimal Capital Taxation," NBER Working Papers 22664, National Bureau of Economic Research, Inc.
    64. Sachs, Dominik & Findeisen, Sebastian, 2015. "Insurance and Redistribution with Simple Tax Instruments," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 113099, Verein für Socialpolitik / German Economic Association.
    65. Stéphane Gauthier & Fanny Henriet, 2018. "Commodity taxes and taste heterogeneity," PSE-Ecole d'économie de Paris (Postprint) halshs-01626787, HAL.

  21. Guriev, Sergei & Tsyvinski, Aleh & Golosov, Mikhail & Cheremukhin, Anton, 2013. "Was Stalin Necessary for Russia?s Economic Development?," CEPR Discussion Papers 9669, C.E.P.R. Discussion Papers.

    Cited by:

    1. Alonso-Carrera, Jaime & Raurich, Xavier, 2018. "Labor mobility, structural change and economic growth," Journal of Macroeconomics, Elsevier, vol. 56(C), pages 292-310.
    2. Yong‐Shik Lee, 2020. "New general theory of economic development: Innovative growth and distribution," Review of Development Economics, Wiley Blackwell, vol. 24(2), pages 402-423, May.
    3. Matthias Morys & Martin Ivanov, 2024. "Did living standards actually improve under state socialism? Real wages in Bulgaria, 1924-1989," Working Papers 0267, European Historical Economics Society (EHES).
    4. Stijepic, Denis & Wagner, Helmut, 2015. "Structural Change, Aggregate Growth And Government Services," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 112904, Verein für Socialpolitik / German Economic Association.
    5. Wenbiao Cai, 2014. "Structural Change Accounting with Labor Market Distortions," Departmental Working Papers 2014-03, The University of Winnipeg, Department of Economics.
    6. Anton Cheremukhin & Mikhail Golosov & Sergei Guriev & Aleh Tsyvinski, 2015. "The Economy of People’s Republic of China from 1953," NBER Working Papers 21397, National Bureau of Economic Research, Inc.
    7. Zheng, Wei & Walsh, Patrick Paul, 2019. "Economic growth, urbanization and energy consumption — A provincial level analysis of China," Energy Economics, Elsevier, vol. 80(C), pages 153-162.
    8. Christian Ochsner, 2023. "Hostility, Population Sorting, and Backwardness: Quasi-Experimental Evidence from the Red Army after WWII," CERGE-EI Working Papers wp768, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
    9. Wei Zheng & Patrick Paul Walsh, 2018. "Economic growth, urbanization and energy consumption," Working Papers 201817, Geary Institute, University College Dublin.
    10. Dumitriu, Ramona & Stefanescu, Răzvan, 2015. "Economic development of Comecon countries," MPRA Paper 89012, University Library of Munich, Germany, revised 05 Jan 2016.

  22. Anmol Bhandari & David Evans & Mikhail Golosov & Thomas J. Sargent, 2013. "Taxes, Debts, and Redistributions with Aggregate Shocks," NBER Working Papers 19470, National Bureau of Economic Research, Inc.

    Cited by:

    1. ,, 2018. "Financial Policy," CEPR Discussion Papers 12755, C.E.P.R. Discussion Papers.
    2. Yanlei Ma, 2014. "Income Inequality, Political Polarization and Fiscal Policy Gridlock," 2014 Meeting Papers 547, Society for Economic Dynamics.
    3. Chatzouz, Moustafa, 2014. "Government Debt and Wealth Inequality: Theory and Insights from Altruism," MPRA Paper 77007, University Library of Munich, Germany.
    4. Romei, Federica, 2015. "Need for (the Right) Speed: the Timing and Composition of Public Debt Deleveraging," Economics Working Papers MWP2015/11, European University Institute.
    5. Maren Froemel, 2014. "Imperfect Financial Markets and the Cyclicality of Social Spending," Working Paper Series of the Department of Economics, University of Konstanz 2014-11, Department of Economics, University of Konstanz.
    6. McKay, Alisdair & Reis, Ricardo, 2016. "Optimal automatic stabilizers," LSE Research Online Documents on Economics 86229, London School of Economics and Political Science, LSE Library.
    7. Pierre Yared & Ricardo Nunes & Davide Debortoli, 2016. "Optimal Time-Consistent Government Debt Maturity," Working Papers 867, Barcelona School of Economics.
    8. Axelle Ferriere & Anastasios Karantounias, 2019. "Fiscal Austerity in Ambiguous Times," Post-Print halshs-02084280, HAL.
    9. Thomas Sargent & Mikhail Golosov & David Evans & anmol bhandari, 2014. "Optimal Taxation with Incomplete Markets," 2014 Meeting Papers 1276, Society for Economic Dynamics.
    10. Wei Cui & Sören Radde, 2014. "Search-Based Endogenous Illiquidity and the Macroeconomy," Discussion Papers of DIW Berlin 1367, DIW Berlin, German Institute for Economic Research.
    11. John Stachurski & Junnan Zhang, 2019. "Dynamic Programming with State-Dependent Discounting," Papers 1908.08800, arXiv.org, revised Oct 2020.
    12. François Legrand & Xavier Ragot, 2016. "Optimal policy with heterogeneous agents and aggregate shocks : An application to optimal public debt dynamics," 2016 Meeting Papers 1272, Society for Economic Dynamics.
    13. Röhrs, Sigrid & Winter, Christoph, 2017. "Reducing government debt in the presence of inequality," Journal of Economic Dynamics and Control, Elsevier, vol. 82(C), pages 1-20.

  23. Nicolas Werquin & Aleh Tsyvinski & Mikhail Golosov, 2013. "Dynamic Tax Reforms," 2013 Meeting Papers 879, Society for Economic Dynamics.

    Cited by:

    1. Findeisen, Sebastian & Sachs, Dominik, 2014. "Efficient Labor and Capital Income Taxation over the Life Cycle," Working Papers 14-17, University of Mannheim, Department of Economics.
    2. Sachs, Dominik & Findeisen, Sebastian, 2014. "Designing Efficient Education and Tax Policies," VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy 100504, Verein für Socialpolitik / German Economic Association.

  24. Mikhail Golosov & Pricila Maziero & Guido Menzio, 2012. "Taxation and Redistribution of Residual Income Inequality," NBER Working Papers 18151, National Bureau of Economic Research, Inc.

    Cited by:

    1. Jorge Miranda-Pinto & Gang Zhang, "undated". "Trade Credit and Sectoral Comovement during the Great Recession," MRG Discussion Paper Series 4620, School of Economics, University of Queensland, Australia.
    2. Tobias Laun, 2020. "Optimal Social Insurance with Endogenous Health," Scandinavian Journal of Economics, Wiley Blackwell, vol. 122(2), pages 464-493, April.
    3. Carlos da Costa, 2017. "Optimal Mirrleesian Taxation in Non-competitive Labor Markets," 2017 Meeting Papers 1207, Society for Economic Dynamics.
    4. Jan Eeckhout & Alireza Sepahsalari, 2020. "The Effect of Wealth on Worker Productivity," Bristol Economics Discussion Papers 20/731, School of Economics, University of Bristol, UK.
    5. Athanasios Geromichalos, 2012. "Unemployment Insurance and Optimal Taxation in Search Models of the Labor Market," Working Papers 194, University of California, Davis, Department of Economics.
    6. Javier Fernandez-Blanco, 2017. "Unemployment Risks and Intra-Household Insurance," 2017 Meeting Papers 478, Society for Economic Dynamics.
    7. Yong Tao & Xiangjun Wu & Tao Zhou & Weibo Yan & Yanyuxiang Huang & Han Yu & Benedict Mondal & Victor M. Yakovenko, 2019. "Exponential structure of income inequality: evidence from 67 countries," Journal of Economic Interaction and Coordination, Springer;Society for Economic Science with Heterogeneous Interacting Agents, vol. 14(2), pages 345-376, June.
    8. Jean‐Baptiste Michau, 2021. "On the Provision of Insurance against Search‐Induced Wage Fluctuations," Scandinavian Journal of Economics, Wiley Blackwell, vol. 123(1), pages 382-414, January.
    9. Yun Pei & Zoe Xie, 2016. "A Quantitative Theory of Time-Consistent Unemployment Insurance," FRB Atlanta Working Paper 2016-11, Federal Reserve Bank of Atlanta.
    10. Martin Gervais & Lawrence Warren & Reza Boostani, 2022. "Optimal unemployment insurance in a directed search model," Economic Inquiry, Western Economic Association International, vol. 60(4), pages 1473-1496, October.
    11. Makarski, Krzysztof & Tyrowicz, Joanna & Komada, Oliwia, 2022. "Progressing Towards Efficiency: The Role for Labor Tax Progression in Reforming Social Security," IZA Discussion Papers 15100, IZA Network @ LISER.
    12. Jan Eeckhout, 2013. "Unemployment Risk and the Distribution of Assets," 2013 Meeting Papers 337, Society for Economic Dynamics.
    13. Wang, Cheng & Williamson, Stephen D., 2002. "Moral Hazard, Optimal Unemployment Insurance and Experience Rating," Staff General Research Papers Archive 10133, Iowa State University, Department of Economics.
    14. Seyed Mohammadreza Davoodalhosseini, 2020. "Optimal Taxation in Asset Markets with Adverse Selection," Staff Working Papers 20-11, Bank of Canada.
    15. Rabinovich, Stanislav & Wolthoff, Ronald, 2022. "Misallocation inefficiency in partially directed search," Journal of Economic Theory, Elsevier, vol. 206(C).
    16. Stanislav Rabinovich & Ronald Wolthoff, 2020. "Misallocation Effects of Labor Market Frictions," Working Papers tecipa-662, University of Toronto, Department of Economics.
    17. Fatih Karahan & Serdar Ozkan & Jae Song, 2022. "Anatomy of Lifetime Earnings Inequality: Heterogeneity in Job Ladder Risk vs. Human Capital," Working Papers 2022-002, Federal Reserve Bank of St. Louis, revised 04 Mar 2023.
    18. Xie, Zoe & Pei, Yun, 2016. "A Quantitative Theory of Time-Consistent Unemployment Insurance," MPRA Paper 74698, University Library of Munich, Germany.
    19. da Costa, Carlos E. & Maestri, Lucas J. & Santos, Marcelo R., 2022. "Redistribution with labor market frictions," Journal of Economic Theory, Elsevier, vol. 201(C).
    20. Tao, Yong & Wu, Xiangjun & Li, Changshuai, 2017. "Rawls' fairness, income distribution and alarming level of Gini coefficient," Economics Discussion Papers 2017-67, Kiel Institute for the World Economy.
    21. Pei, Yun & Xie, Zoe, 2016. "Government Commitment and Unemployment Insurance Over the Business Cycle," MPRA Paper 76563, University Library of Munich, Germany.
    22. Guillaume Wilemme, 2021. "Optimal Taxation to Correct Job Mismatching," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 40, pages 170-197, April.
    23. Naoki Aizawa & Soojin Kim & Serena Rhee, 2020. "Labor Market Screening and the Design of Social Insurance: An Equilibrium Analysis of the Labor Market for the Disabled," NBER Working Papers 27478, National Bureau of Economic Research, Inc.
    24. Jian Xin Heng & Benoit Julien & John Kennes & Ian King, 2016. "Job Qualities, Search Unemployment, and Public Policy," Discussion Papers Series 570, School of Economics, University of Queensland, Australia.
    25. Salvatore Lo Bello & Iacopo Morchio, 2022. "Like father, like son: Occupational choice, intergenerational persistence and misallocation," Quantitative Economics, Econometric Society, vol. 13(2), pages 629-679, May.
    26. Kroft, Kory & Kucko, Kavan & Lehmann, Etienne & Schmieder, Johannes F., 2016. "Optimal Income Taxation with Unemployment and Wage Responses: A Sufficient Statistics Approach," IZA Discussion Papers 9719, IZA Network @ LISER.
    27. Yan Ji, 2017. "Job Search under Debt: Aggregate Implications of Student Loans," 2017 Meeting Papers 222, Society for Economic Dynamics.
    28. Albert Jan Hummel, 2021. "Unemployment and Tax Design," CESifo Working Paper Series 9177, CESifo.
    29. Bagger, Jesper & Moen, Espen R. & Vejlin, Rune Majlund, 2021. "Equilibrium Worker-Firm Allocations and the Deadweight Losses of Taxation," IZA Discussion Papers 14865, IZA Network @ LISER.
    30. Albert Jan Hummel, 2021. "Unemployment and tax design," Tinbergen Institute Discussion Papers 21-061/VI, Tinbergen Institute.
    31. Pei, Yun & Xie, Zoe, 2022. "Timing and time inconsistency in search models," Economics Letters, Elsevier, vol. 220(C).
    32. Ji, Yan, 2021. "Job Search under Debt: Aggregate Implications of Student Loans," Journal of Monetary Economics, Elsevier, vol. 117(C), pages 741-759.
    33. Julien, Benoît & Roger, Guillaume, 2018. "Bidding for incentive contracts," Journal of Mathematical Economics, Elsevier, vol. 79(C), pages 95-105.
    34. Kircher, Philipp & Wright, Randall & Julien, Benoit & Guerrieri, Veronica, 2017. "Directed Search: A Guided Tour," CEPR Discussion Papers 12315, C.E.P.R. Discussion Papers.
    35. Epstein, Brendan & Nunn, Ryan & Orak, Musa & Patel, Elena, 2023. "Taxation, social welfare, and labor market frictions," European Economic Review, Elsevier, vol. 151(C).
    36. Casey Rothschild & Florian Scheuer, 2014. "Optimal Taxation with Rent-Seeking," CESifo Working Paper Series 5071, CESifo.
    37. Hummel, Albert Jan, 2025. "Unemployment and tax design," Journal of Public Economics, Elsevier, vol. 246(C).
    38. Jesper Bagger & Espen Moen & Rune Vejlin, 2018. "Optimal Taxation with On-the-Job Search," 2018 Meeting Papers 805, Society for Economic Dynamics.
    39. Rendon, Silvio, 2025. "Prudent Job Search and Consumption Sensitivity," IZA Discussion Papers 18320, IZA Network @ LISER.
    40. Mohammad Davoodalhosseini, 2017. "Constrained Efficiency with Adverse Selection and Directed Search," Staff Working Papers 17-15, Bank of Canada.
    41. Marco Brianti & Tzuo Hann Law, 2018. "Financial Frictions and Un(der)employment Insurance," 2018 Meeting Papers 1303, Society for Economic Dynamics.

  25. Mikhail Golosov & Maxim Troshkin & Aleh Tsyvinski, 2012. "Optimal Dynamic Taxes," IMES Discussion Paper Series 12-E-01, Institute for Monetary and Economic Studies, Bank of Japan.

    Cited by:

    1. Jonathan Heathcote & Kjetil Storesletten & Giovanni L. Violante, 2014. "Optimal Tax Progressivity: An Analytical Framework," Staff Report 496, Federal Reserve Bank of Minneapolis.
    2. Sebastian Dyrda & Marcelo Pedroni, 2015. "Optimal Fiscal Policy in a Model with Uninsurable Idiosyncratic Shocks," Working Papers tecipa-550, University of Toronto, Department of Economics.
    3. Koehne, Sebastian & Kuhn, Moritz, 2015. "Optimal taxation in a habit formation economy," Journal of Public Economics, Elsevier, vol. 122(C), pages 31-39.
    4. Michael Curry & Alexander Trott & Soham Phade & Yu Bai & Stephan Zheng, 2022. "Analyzing Micro-Founded General Equilibrium Models with Many Agents using Deep Reinforcement Learning," Papers 2201.01163, arXiv.org, revised Feb 2022.
    5. Tobias Broer & Marek Kapièka & Paul Klein, 2015. "Consumption Risk Sharing with Private Information and Limited Enforcement," CERGE-EI Working Papers wp531, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
    6. Mikhail Golosov & Maxim Troshkin & Aleh Tsyvinski & Matthew Weinzierl, 2010. "Preference Heterogeneity and Optimal Capital Income Taxation," NBER Working Papers 16619, National Bureau of Economic Research, Inc.
    7. Jean-Baptiste Michau, 2011. "Optimal Redistribution with Intensive and Extensive Labor Supply Margins: A Life-Cycle Perspective," Working Papers hal-00639121, HAL.
    8. Koeniger, Winfried & Prat, Julien, 2017. "Human Capital and Optimal Redistribution," VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking 168073, Verein für Socialpolitik / German Economic Association.
    9. Xiaojun Zhao, 2015. "Optimal Income Taxations with Information Asymmetry: The Lagrange Multiplier Approach," Annals of Economics and Finance, Society for AEF, vol. 16(1), pages 199-229, May.
    10. Moritz Kuhn & Sebastian Koehne, 2013. "Optimal capital taxation for time-nonseparable preferences," 2013 Meeting Papers 322, Society for Economic Dynamics.
    11. Feng Gao & Zhiguo He & Bin Wei & Jianfeng Yu, 2016. "Optimal Long-Term Contracting with Learning," FRB Atlanta Working Paper 2016-10, Federal Reserve Bank of Atlanta.
    12. Carlos da Costa, 2013. "Taxes, Wedges and Aggregate Uncertainty: A Mirrleesian Approach," 2013 Meeting Papers 788, Society for Economic Dynamics.
    13. Julian Neira & Marek Kapicka, 2012. "Optimal Taxation in a Life-Cycle Economy with Endogenous Human Capital Formation," 2012 Meeting Papers 1164, Society for Economic Dynamics.
    14. Findeisen, Sebastian & Sachs, Dominik, 2011. "Education and Optimal Dynamic Taxation," IZA Discussion Papers 6056, IZA Network @ LISER.
    15. Davoodalhosseini, Seyed Mohammadreza, 2022. "Optimal taxation in asset markets with adverse selection," European Economic Review, Elsevier, vol. 147(C).
    16. Michael Carlos Best & Henrik Jacobsen Jacobsen, 2013. "Optimal Income Taxation with Career Effects of Work Effort," Working Papers 2013-9, Princeton University. Economics Department..
    17. Garrett, Daniel F. & Pavan, Alessandro, 2015. "Dynamic managerial compensation: A variational approach," Journal of Economic Theory, Elsevier, vol. 159(PB), pages 775-818.
    18. Michau, Jean-Baptiste, 2014. "Optimal redistribution: A life-cycle perspective," Journal of Public Economics, Elsevier, vol. 111(C), pages 1-16.
    19. Sebastian Findeisen & Dominik Sachs, 2011. "Education and optimal dynamic taxation: The role of income-contingent student loans," ECON - Working Papers 040, Department of Economics - University of Zurich, revised Sep 2012.
    20. Halac, Marina & Yared, Pierre, 2013. "Fiscal Rules and Discretion under Persistent Shocks," The Warwick Economics Research Paper Series (TWERPS) 1014, University of Warwick, Department of Economics.
    21. Guo, Yue Mei & Li, Xiao, 2023. "The impact of greater VAT tax neutrality on total factor productivity: Evidence from China’s VAT credit refund reform in 2018," Economic Analysis and Policy, Elsevier, vol. 78(C), pages 922-936.
    22. Köhne, Sebastian & Abraham, Arpad & Pavoni, Nicola, 2014. "Optimal Income Taxation with Asset Accumulation," VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy 100406, Verein für Socialpolitik / German Economic Association.
    23. Hakki Yazici & Ctirad Slavik, 2013. "Machines, Buildings, and Optimal Dynamic Taxes," 2013 Meeting Papers 766, Society for Economic Dynamics.
    24. David Tobon Orozco & Carlos Molina Guerra & John Harvey Vargas Cano, 2016. "Extent of Expected Pigouvian Taxes and Permits for Environmental Services in a General Equilibrium Model with a natural capital constraint," Borradores Departamento de Economía 15258, Universidad de Antioquia, CIE.
    25. Kitao, Sagiri, 2010. "Labor-dependent capital income taxation," Journal of Monetary Economics, Elsevier, vol. 57(8), pages 959-974, November.
    26. Ruggero Paladini, 2014. "Capital-Labour Taxation and Progressivity in Cosciani?s Thought," ECONOMIA PUBBLICA, FrancoAngeli Editore, vol. 2014(3), pages 125-143.
    27. Eső, Péter & Szentes, Balázs, 2017. "Dynamic contracting: an irrelevance theorem," Theoretical Economics, Econometric Society, vol. 12(1), January.
    28. Marco Battaglini & Rohit Lamba, 2012. "Optimal Dynamic Contracting," Working Papers 1431, Princeton University, Department of Economics, Econometric Research Program..
    29. Ruggero Paladini, 2014. "Da Bentham alla tassazione ottimale," Public Finance Research Papers 2, Istituto di Economia e Finanza, DSGE, Sapienza University of Rome.

  26. Daron Acemoglu & Michael Golosov & Aleh Tsyvinski & Pierre Yared, 2011. "A Dynamic Theory of Resource Wars," Levine's Working Paper Archive 661465000000001171, David K. Levine.

    Cited by:

    1. Ioan Negrutiu, 2024. "Global Resources and Resource Justice—Reframing the Socioecological Science-to-Policy Landscape," Resources, MDPI, vol. 13(9), pages 1-15, September.
    2. Rodriguez Acosta, Mauricio, 2018. "Resource management under endogenous risk of expropriation," Resource and Energy Economics, Elsevier, vol. 52(C), pages 1-17.
    3. Maxime Menuet, 2024. "Natural Resources, Civil Conflicts, and Economic Growth," GREDEG Working Papers 2024-05, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
    4. de Miguel-Arribas, A. & Morón-Vidal, J. & Floría, L.M. & Gracia-Lázaro, C. & Hernández, L. & Moreno, Y., 2024. "Contests in two fronts," Chaos, Solitons & Fractals, Elsevier, vol. 179(C).
    5. Olaoye, Olumide O. & Zerihun, Mulatu F. & Al-Faryan, Mamdouh Abdulaziz Saleh, 2025. "Is resource endowment a trigger for conflicts in sub-Saharan Africa? Unveiling the moderating role of income inequality," Ecological Economics, Elsevier, vol. 230(C).
    6. Shinde, Nilesh N. & Do Valle, Stella Z. Schons & Maia, Alexandre Gori & Amacher, Gregory S., 2022. "Can an environmental policy contribute to the reduction of land conflict? Evidence from the Rural Environmental Registry (CAR) in the Brazilian Amazon," 2022 Annual Meeting, July 31-August 2, Anaheim, California 322584, Agricultural and Applied Economics Association.
    7. Joeri Smits & Yibekal Tessema & Takuto Sakamoto & Richard Schodde, 2016. "The inequality-resource curse of conflict: Heterogeneous effects of mineral deposit discoveries," WIDER Working Paper Series wp-2016-46, World Institute for Development Economic Research (UNU-WIDER).
    8. Chan, Kenneth S. & Laffargue, Jean-Pierre, 2016. "Plunder and tribute in a Malthusian world," Mathematical Social Sciences, Elsevier, vol. 84(C), pages 138-150.
    9. Kimbrough, Erik O. & Laughren, Kevin & Sheremeta, Roman, 2020. "War and conflict in economics: Theories, applications, and recent trends," Journal of Economic Behavior & Organization, Elsevier, vol. 178(C), pages 998-1013.
    10. Caselli, Francesco & Morelli, Massimo & Rohner, Dominic, 2013. "The Geography of Inter-State Resource Wars," CEPR Discussion Papers 9440, C.E.P.R. Discussion Papers.
    11. Petros G. Sekeris, 2014. "The tragedy of the commons in a violent world," RAND Journal of Economics, RAND Corporation, vol. 45(3), pages 521-532, September.
    12. Garfinkel, Michelle R. & Skaperdas, Stergios & Syropoulos, Constantinos, 2015. "Trade and insecure resources," Journal of International Economics, Elsevier, vol. 95(1), pages 98-114.
    13. Tim Willems & Shaun Larcom & Mare Sarr, 2014. "Dictators Walking the Mogadishu Line: How Men Become Monsters and Monsters Become Men," Economics Series Working Papers 701, University of Oxford, Department of Economics.
    14. Seitz, Michael & Tarasov, Alexander & Zakharenko, Roman, 2015. "Trade costs, conflicts, and defense spending," Journal of International Economics, Elsevier, vol. 95(2), pages 305-318.
    15. Dow, Gregory K. & Mitchell, Leanna & Reed, Clyde G., 2017. "The economics of early warfare over land," Journal of Development Economics, Elsevier, vol. 127(C), pages 297-305.
    16. Yang‐Ming Chang & Shih‐Jye Wu, 2020. "Insecure Resources, Bilateral Trade, and Endogenous Predation: A Game‐Theoretic Analysis of Conflict and Trade," Southern Economic Journal, John Wiley & Sons, vol. 86(4), pages 1338-1371, April.
    17. Giacomo Battiston & Matteo Bizzarri & Riccardo Franceschin, 2022. "Third-Party Interest, Resource Value, and the Likelihood of Conflict," "Marco Fanno" Working Papers 0287, Dipartimento di Scienze Economiche "Marco Fanno".
    18. van der Ploeg, Frederick & Rohner, Dominic, 2012. "War and natural resource exploitation," European Economic Review, Elsevier, vol. 56(8), pages 1714-1729.
    19. Dragomirescu-Gaina, Catalin & Philippas, Dionisis & Goutte, Stéphane, 2023. "How to ‘Trump’ the energy market: Evidence from the WTI-Brent spread," Energy Policy, Elsevier, vol. 179(C).
    20. Hannu Vartiainen, 2015. "Dynamic stable set as a tournament solution," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 45(2), pages 309-327, September.
    21. Serhat Doğan & Kerim Keskin & Çağrı Sağlam, 2023. "Analyzing strategic behavior in a dynamic model of bargaining and war," Journal of Economics, Springer, vol. 140(3), pages 233-257, December.
    22. Rodriguez Acosta, Mauricio, 2016. "Essays in political economy and resource economic : A macroeconomic approach," Other publications TiSEM 1e39ef1b-43a2-4f95-892c-6, Tilburg University, School of Economics and Management.
    23. Daniele, Gianmarco & Le Moglie, Marco & Masera, Federico, 2023. "Pains, guns and moves: The effect of the U.S. opioid epidemic on Mexican migration," Journal of Development Economics, Elsevier, vol. 160(C).
    24. Murat Iyigun & Nathan Nunn & Nancy Qian, 2017. "The Long-run Effects of Agricultural Productivity on Conflict, 1400-1900," NBER Working Papers 24066, National Bureau of Economic Research, Inc.
    25. Alex Dickson & Ian A MacKenzie & Petros G Sekeris, 2018. "The role of markets and preferences on resource conflicts," Working Papers 1819, University of Strathclyde Business School, Department of Economics.
    26. Dziubinski, M. & Goyal, S. & Minarsch, D. E. N., 2017. "The Strategy of Conquest," Cambridge Working Papers in Economics 1704, Faculty of Economics, University of Cambridge.
    27. Yang-Ming Chang & Manaf Sellak, 2019. "A game-theoretic analysis of international trade and political conflict over external territories," Public Choice, Springer, vol. 179(3), pages 209-228, June.
    28. van der Ploeg, Frederick, 2018. "Political economy of dynamic resource wars," Journal of Environmental Economics and Management, Elsevier, vol. 92(C), pages 765-782.
    29. Federle, Jonathan-Julian & Rohner, Dominic & Schularick, Moritz, 2025. "Who wins wars?," Kiel Working Papers 2280, Kiel Institute for the World Economy.
    30. Fredriksson, Per G. & Gupta, Satyendra Kumar, 2020. "Irrigation and Culture: Gender Roles and Women’s Rights," GLO Discussion Paper Series 681, Global Labor Organization (GLO).
    31. Boitani, Andrea & Dragomirescu-Gaina, Catalin, 2023. "News and narratives: A cointegration analysis of Russian economic policy uncertainty," Economics Letters, Elsevier, vol. 226(C).
    32. Cohen, Chen & Darioshi, Roy & Nitzan, Shmuel, 2024. "Think twice before attacking: Effort, restraint, and sanctions in war conflicts," Journal of Economic Behavior & Organization, Elsevier, vol. 228(C).
    33. Christian Ewerhart, 2021. "A typology of military conflict based on the Hirshleifer contest," ECON - Working Papers 400, Department of Economics - University of Zurich.
    34. de Miguel-Arribas, Alfonso & Sun, Chengbin & Gracia-Lázaro, Carlos & Moreno, Yamir, 2025. "Contest dynamics between cooperation and exploitation," Chaos, Solitons & Fractals, Elsevier, vol. 200(P3).
    35. Dragomirescu-Gaina, Catalin & Fassas, Athanasios P. & Philippas, Dionisis, 2024. "A Chinese clout on energy exports some countries cannot shake off," Energy Economics, Elsevier, vol. 134(C).
    36. Fenske, James & Kala, Namrata, 2015. "Climate and the slave trade," Journal of Development Economics, Elsevier, vol. 112(C), pages 19-32.
    37. Chelsea A. Pardini & Ana Espinola-Arredondo, 2021. "Violence, coercion, and settler colonialism," Journal of Theoretical Politics, , vol. 33(2), pages 236-273, April.
    38. Martin Stuermer, 2014. "Industrialization and the demand for mineral commodities," Working Papers 1413, Federal Reserve Bank of Dallas.
    39. Jonathan J Adams, 2017. "The Rise and Fall of Armies," Working Papers 001002, University of Florida, Department of Economics.
    40. Akif Bahadir Kaynak, 2016. "The Impact of Resource Rents on the Foreign Policymaking in West Asia," International Studies, , vol. 53(2), pages 105-117, April.
    41. Alexandra Brausmann & Elise Grieg, 2020. "Resource Discoveries and the Political Survival of Dictators," CER-ETH Economics working paper series 20/345, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
    42. Quentin Gallea & Massimo Morelli & Dominic Rohner, 2022. "Power in the Pipeline," Papers 2210.03572, arXiv.org.
    43. Carolyn Chisadza & Matthew Clance & Rangan Gupta & Mark E. Wohar, 2024. "Giant oil discoveries and conflicts," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 26(6), pages 15681-15710, June.
    44. Safarzynska, Karolina & Sylwestrzak, Marta, 2021. "Resource depletion and conflict: Experimental evidence," Journal of Economic Behavior & Organization, Elsevier, vol. 185(C), pages 902-917.
    45. Alex Dickson & Ian A. MacKenzie & Petros G. Sekeris, 2022. "The role of markets on resource conflicts," Scandinavian Journal of Economics, Wiley Blackwell, vol. 124(3), pages 677-708, July.
    46. Raouf Boucekkine & Fabien Prieur & Klarizze Puzon, 2014. "On the Timing of Political Regime Changes: Theory and Application to the Arab Spring," Working Papers 2014.104, Fondazione Eni Enrico Mattei.
    47. Andrew Beckmann, 2018. "Conflict Over Transnational River Resources: An Applied Game Theoretic Analysis," Working Papers 201806, University of Hawaii at Manoa, Department of Economics.
    48. Nakao, Keisuke, 2019. "Modeling Deterrence by Denial and by Punishment," MPRA Paper 95100, University Library of Munich, Germany.
    49. Zallé, Oumarou, 2023. "Natural resource rents and regime durability: Identifying cross-country durability regimes," Resources Policy, Elsevier, vol. 81(C).
    50. Dario Maimone Ansaldo Patti & Pietro Navarra & Giuseppe Sobbrio, 2022. "Insecure Property Rights and Conflicts: How to Solve Them?," Mathematics, MDPI, vol. 11(1), pages 1-32, December.
    51. Ly Slesman & Ali Kole & Rizgar Abdlkarim Abdlaziz & Ibrahim D. Raheem, 2024. "Taming the Tides of Internal Conflicts in Sub-Saharan Africa: The Role of Political Institutions and Natural Resources," Global Journal of Emerging Market Economies, Emerging Markets Forum, vol. 16(2), pages 188-211, May.
    52. Michelle Garfinkel & Stergios Skaperdas & Constantinos Syropoulos, 2012. "Trade and Insecure Resources: Implications for Welfare and Comparative Advantage," School of Economics Working Paper Series 2012-8, LeBow College of Business, Drexel University.
    53. Piman Alain-Raphaël BAYILI & Windkouni Haoua Eugénie MAIGA, 2025. "Does dependence on natural resource rents reduce the quality of institutions in Africa?," Region et Developpement, Region et Developpement, LEAD, Universite du Sud - Toulon Var, vol. 61, pages 71-95.
    54. Brausmann, Alexandra & Grieg, Elise, 2024. "Resource discoveries and the political survival of dictators," Journal of Environmental Economics and Management, Elsevier, vol. 124(C).

  27. Mikhail Golosov & Vasiliki Skreta & Aleh Tsyvinski & Andrea Wilson, 2011. "Dynamic Strategic Information Transmission," Cowles Foundation Discussion Papers 1802, Cowles Foundation for Research in Economics, Yale University, revised Jun 2011.

    Cited by:

    1. Aradhye, Aditya & Flesch, János & Staudigl, Mathias & Vermeulen, Dries, 2023. "Incentive compatibility in sender-receiver stopping games," Games and Economic Behavior, Elsevier, vol. 141(C), pages 303-320.
    2. Anderlini, Luca & Gerardi, Dino & Lagunoff, Roger, 2008. "Communication and Learning," Working Papers 37, Yale University, Department of Economics.
    3. Alexander Frug, 2016. "Strategic Gradual Learning and Information Transmission," Working Papers 937, Barcelona School of Economics.
    4. Ambrus, Attila & Lu, Shih En, 2014. "Almost fully revealing cheap talk with imperfectly informed senders," Games and Economic Behavior, Elsevier, vol. 88(C), pages 174-189.
    5. Anton Kolotilin, 2013. "Optimal Information Disclosure: Quantity vs. Quality," Discussion Papers 2013-19, School of Economics, The University of New South Wales.
    6. Hoffmann, Robert & Chesney, Thomas & Chuah, Swee-Hoon & Kock, Florian & Larner, Jeremy, 2020. "Demonstrability, difficulty and persuasion: An experimental study of advice taking," Journal of Economic Psychology, Elsevier, vol. 76(C).
    7. Terstiege, Stefan & Wasser, Cédric, 2020. "Buyer-optimal extensionproof information," Journal of Economic Theory, Elsevier, vol. 188(C).
    8. Hidir, Sinem, 2014. "Strategic Inaccuracy in Bargaining," TSE Working Papers 14-541, Toulouse School of Economics (TSE).
    9. Kolb, Aaron & Conitzer, Vincent, 2020. "Crying about a strategic wolf: A theory of crime and warning," Journal of Economic Theory, Elsevier, vol. 189(C).
    10. Pak Hung Au, 2015. "Dynamic information disclosure," RAND Journal of Economics, RAND Corporation, vol. 46(4), pages 791-823, October.
    11. Feddersen, Timothy & Gradwohl, Ronen, 2020. "Decentralized advice," European Journal of Political Economy, Elsevier, vol. 63(C).
    12. Amir Habibi, 2023. "Communicating Preferences to Improve Recommendations," Rationality and Competition Discussion Paper Series 394, CRC TRR 190 Rationality and Competition.
    13. Boleslavsky, Raphael & Lewis, Tracy R., 2016. "Evolving influence: Mitigating extreme conflicts of interest in advisory relationships," Games and Economic Behavior, Elsevier, vol. 98(C), pages 110-134.
    14. Kawamura, Kohei & Le Quement, Mark T., 2023. "News credibility and the quest for clicks," Journal of Public Economics, Elsevier, vol. 227(C).
    15. Blume, Andreas & Deimen, Inga & Inoue, Sean, 2022. "Incomplete contracts versus communication," Journal of Economic Theory, Elsevier, vol. 205(C).
    16. Heller, Yuval & Kuzmics, Christoph, 2020. "Communication, Renegotiation and Coordination with Private Values (Extended Version)," MPRA Paper 102926, University Library of Munich, Germany, revised 26 Jul 2021.
    17. Hitoshi Sadakane, 2017. "Multistage Information Transmission with Voluntary Monetary Transfer," ISER Discussion Paper 1006rr, Institute of Social and Economic Research, The University of Osaka, revised Jan 2019.
    18. Atakan, Alp & Koçkesen, Levent & Kubilay, Elif, 2020. "Starting small to communicate," Games and Economic Behavior, Elsevier, vol. 121(C), pages 265-296.
    19. Christoph Schottmüller, 2016. "Too good to be truthful: Why competent advisers are fired," Discussion Papers 16-10, University of Copenhagen. Department of Economics.
    20. Aïd, René & Bonesini, Ofelia & Callegaro, Giorgia & Campi, Luciano, 2025. "Continuous-time persuasion by filtering," Journal of Economic Dynamics and Control, Elsevier, vol. 176(C).
    21. Peter Thompson & Jing Chen, 2011. "Disagreements, employee spinoffs and the choice of technology," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 14(3), pages 455-474, July.
    22. Goltsman, Maria & Pavlov, Gregory, 2011. "How to talk to multiple audiences," Games and Economic Behavior, Elsevier, vol. 72(1), pages 100-122, May.
    23. Zeinab Aboutalebi & Ayush Pant, 2021. "Believe ... and you are there. On Self-Confidence and Feedback," Working Papers 64, Ashoka University, Department of Economics.
    24. Aïd, René & Bonesini, Ofelia & Callegaro, Giorgia & Campi, Luciano, 2025. "Continuous-time persuasion by filtering," LSE Research Online Documents on Economics 127889, London School of Economics and Political Science, LSE Library.
    25. Kuvalekar, Aditya & Lipnowski, Elliot & Ramos, João, 2022. "Goodwill in communication," Journal of Economic Theory, Elsevier, vol. 203(C).
    26. Hitoshi Sadakane, 2017. "Multistage Information Transmission with Voluntary Monetary Transfer," ISER Discussion Paper 1006, Institute of Social and Economic Research, The University of Osaka.
    27. Hitoshi Sadakane, 2017. "Multistage Information Transmission with Voluntary Monetary Transfer," ISER Discussion Paper 1006r, Institute of Social and Economic Research, The University of Osaka, revised Jun 2018.

  28. Hassler, John & Tsyvinski, Aleh & Golosov, Mikhail, 2011. "Optimal taxes on fossil fuel in general equilibrium," CEPR Discussion Papers 8527, C.E.P.R. Discussion Papers.

    Cited by:

    1. Burda, Michael C. & Zessner-Spitzenberg, Leopold, 2024. "Greenhouse Gas Mitigation and Price-Driven Growth in a Solow-Swan Economy with an Environmental Limit," IZA Discussion Papers 16771, IZA Network @ LISER.
    2. Amigues, Jean-Pierre & Moreaux, Michel, 2016. "The Joint Dynamics of the Energy Mix, Land Uses and Energy Efficiency Rates During the Transition Toward the Green Economy," TSE Working Papers 16-625, Toulouse School of Economics (TSE).
    3. Rick Van der Ploeg & Aart de Zeeuw, 2018. "Pricing Carbon and Adjusting Capital to Fend off Climate Catastrophes," OxCarre Working Papers 207, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
    4. Léo Coppens & Simon Dietz & Frank Venmans, 2024. "Optimal Climate Policy under Exogenous and Endogenous Technical Change: Making Sense of the Different Approaches," CESifo Working Paper Series 11059, CESifo.
    5. Ferrari Minesso, Massimo & Pagliari, Maria Sole, 2023. "No country is an island. International cooperation and climate change," Journal of International Economics, Elsevier, vol. 145(C).
    6. Richard S.J. Tol, 2018. "The impact of climate change and the social cost of carbon," Working Paper Series 1318, Department of Economics, University of Sussex Business School.
    7. Acemoglu, Daron & Rafey, Will, 2023. "Mirage on the horizon: Geoengineering and carbon taxation without commitment," Journal of Public Economics, Elsevier, vol. 219(C).
    8. Hassler, John & Krusell, Per & Olovsson, Conny, 2019. "The Consequences of Uncertainty: Climate Sensitivity and Economic Sensitivity to the Climate," Working Paper Series 369, Sveriges Riksbank (Central Bank of Sweden).
    9. Francesco Lamperti & Valentina Bosetti & Andrea Roventini & Massimo Tavoni & Tania Treibich, 2021. "Three green financial policies to address climate risks," Post-Print hal-04103920, HAL.
    10. Galina Besstremyannaya & Richard Dasher & Sergei Golovan, 2017. "Technological change, energy, environment and economic growth in Japan," Working Papers w0245, New Economic School (NES).
    11. Carsten Helm & Mathias Mier, 2020. "Steering the Energy Transition in a World of Intermittent Electricity Supply: Optimal Subsidies and Taxes for Renewables Storage," ifo Working Paper Series 330, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
    12. Ritter, Hendrik & Zimmermann, Karl, 2019. "Cap-and-Trade Policy vs. Carbon Taxation: Of Leakage and Linkage," EconStor Preprints 197796, ZBW - Leibniz Information Centre for Economics.
    13. Moritz A. Drupp & Frikk Nesje & Robert C. Schmidt & Robert Christian Schmidt, 2022. "Pricing Carbon," CESifo Working Paper Series 9608, CESifo.
    14. Kent D. Daniel & Robert B. Litterman & Gernot Wagner, 2016. "Applying Asset Pricing Theory to Calibrate the Price of Climate Risk," NBER Working Papers 22795, National Bureau of Economic Research, Inc.
    15. Zeeuw, Aart de, 2024. "Climate change, tipping points, and economics," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 109(C).
    16. Hiroaki SAKAMOTO & Larry KARP, 2019. "Sober optimism and the formation of international environmental agreements," Discussion papers e-19-002, Graduate School of Economics , Kyoto University.
    17. Timo Boppart & Karl Harmenberg & John Hassler & Per Krusell & Jonna Olsson, 2020. "Integrated Epi-Econ Assessment," NBER Working Papers 28282, National Bureau of Economic Research, Inc.
    18. Ara Jo, 2020. "The Elasticity of Substitution between Clean and Dirty Energy with Technological Bias," CER-ETH Economics working paper series 20/344, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
    19. Rudik, Ivan & Lyn, Gary & Tan, Weiliang & Ortiz-Bobea, Ariel, 2021. "Heterogeneity and Market Adaptation to Climate Change in Dynamic-Spatial Equilibrium," ISU General Staff Papers 202106020700001127, Iowa State University, Department of Economics.
    20. Rick Van der Ploeg & Gerard van der Meijden & Cees Withagen, 2014. "International Capital Markets, Oil Producers and the Green Paradox," OxCarre Working Papers 130, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
    21. Diana Dimitrova, 2018. "The 2018 Nobel Prize in Economics," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 6, pages 98-152.
    22. van der Ploeg, Frederick & Rezai, Armon, 2017. "Cumulative emissions, unburnable fossil fuel, and the optimal carbon tax," Technological Forecasting and Social Change, Elsevier, vol. 116(C), pages 216-222.
    23. Juan Moreno-Cruz & Gernot Wagner & David W. Keith, 2018. "An Economic Anatomy of Optimal Climate Policy," CESifo Working Paper Series 7059, CESifo.
    24. Elizabeth Baldwin & Yongyang Cai & Karlygash Kuralbayeva, 2019. "To Build or not to Build? Capital Stocks and Climate Policy," OxCarre Working Papers 204, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
    25. Sandra Batten & Stephen Millard, 2024. "Energy and climate policy in a DSGE model of the United Kingdom," Bank of England working papers 1064, Bank of England.
    26. Marion Davin & Mouez Fodha & Thomas Seegmuller, 2025. "Pollution, public debt, and growth: the question of sustainability," Post-Print hal-04990924, HAL.
    27. Aurélie Méjean & Antonin Pottier & Marc Fleurbaey & Stéphane Zuber, 2020. "Catastrophic climate change, population ethics and intergenerational equity," Post-Print halshs-01599453, HAL.
    28. Mark Kagan & Frederick Van der Ploeg & Cees A. Withagen, 2014. "Battle for Climate and Scarcity Rents: Beyond the Linear-Quadratic Case," CESifo Working Paper Series 5041, CESifo.
    29. Zhang, Jingjing & Zhang, Weiwei & Su, Chang & Kattuman, Paul, 2025. "The impact of environmental protection fee-to-tax reform on differentiated environmental management behavior of firms," Research in International Business and Finance, Elsevier, vol. 77(PB).
    30. Casey, Gregory & Galor, Oded, 2017. "Is faster economic growth compatible with reductions in carbon emissions? The role of diminished population growth," MPRA Paper 76164, University Library of Munich, Germany.
    31. William Brock & Anastasios Xepapadeas, 2015. "Modeling Coupled Climate, Ecosystems, and Economic Systems," DEOS Working Papers 1508, Athens University of Economics and Business.
    32. Loick Dubois & Jean-Guillaume Sahuc & Gauthier Vermandel, 2024. "A General Equilibrium Approach to Carbon Permit Banking," Working papers 971, Banque de France.
    33. Xu, Qi & Liu, Kui, 2024. "Hero or Devil: A comparison of different carbon tax policies for China," Energy, Elsevier, vol. 306(C).
    34. Eric Jondeau & Grégory Levieuge & Jean-Guillaume Sahuc & Gauthier Vermandel, 2023. "Environmental Subsidies to Mitigate Net-Zero Transition Costs," Working papers 910, Banque de France.
    35. Kollenbach, Gilbert, 2017. "On the optimal accumulation of renewable energy generation capacity," Journal of Economic Dynamics and Control, Elsevier, vol. 77(C), pages 157-179.
    36. Zhao, Xu & Luo, Dongkun & Lu, Kun & Wang, Xiaoyu & Dahl, Carol, 2019. "How the removal of producer subsidies influences oil and gas extraction: A case study in the Gulf of Mexico," Energy, Elsevier, vol. 166(C), pages 1000-1012.
    37. Edenhofer, Ottmar & Lessmann, Kai & Tahri, Ibrahim, 2024. "Asset pricing and the carbon beta of externalities," Journal of Environmental Economics and Management, Elsevier, vol. 125(C).
    38. Santos, Cezar & Cavalcanti, Tiago & Hasna, Zeina, 2020. "Climate Change Mitigation Policies: Aggregate and Distributional Effects," CEPR Discussion Papers 15419, C.E.P.R. Discussion Papers.
    39. Amigues, Jean-Pierre & Moreaux, Michel, 2019. "Energy Conversion Rate Improvements, Pollution Abatement Efforts and Energy Mix: The Transition toward the Green Economy under a Pollution Stock Constraint," TSE Working Papers 19-994, Toulouse School of Economics (TSE).
    40. Labrousse, Charles & Perdereau, Yann, 2025. "Geography versus income: the heterogeneous effects of carbon taxation," Working Paper Series 3104, European Central Bank.
    41. Daubanes, Julien Xavier & Lasserre, Pierre, 2023. "How should the use of nonrenewables be taxed under a public budget constraint?," Resource and Energy Economics, Elsevier, vol. 73(C).
    42. Heider, Florian & Inderst, Roman, 2022. "A corporate finance perspective on environmental policy," SAFE Working Paper Series 345, Leibniz Institute for Financial Research SAFE.
    43. Hambel, Christoph & Kraft, Holger & Schwartz, Eduardo, 2021. "Optimal carbon abatement in a stochastic equilibrium model with climate change," European Economic Review, Elsevier, vol. 132(C).
    44. Rick van der Ploeg & Armon Rezai, 2018. "Simple Rules for Climate Policy and Integrated Assessment," CESifo Working Paper Series 7207, CESifo.
    45. Fried, Stephie & Novan, Kevin & Peterman, William B., 2022. "Climate policy transition risk and the macroeconomy," European Economic Review, Elsevier, vol. 147(C).
    46. Claire Alestra & Gilbert Cette & Valérie Chouard & Rémy Lecat, 2020. "Long-term growth impact of climate change and policies: the Advanced Climate Change Long-term (ACCL) scenario building model," Working Papers halshs-02505088, HAL.
    47. Peng, Juan & Yang, Jinqiang & Zhao, Pengxiang, 2025. "Investment, Tobin’s q, and the stochastic price of fossil fuel," Energy Economics, Elsevier, vol. 148(C).
    48. Emilio Barucci & Daniele Marazzina & Aldo Nassigh, 2025. "Sovereign Debt Default and Climate Risk," Papers 2501.11552, arXiv.org.
    49. Xiao Yu & Yingdong Xu & Meng Sun & Yanzhe Zhang, 2021. "The Green-Innovation-Inducing Effect of a Unit Progressive Carbon Tax," Sustainability, MDPI, vol. 13(21), pages 1-18, October.
    50. Diluiso, Francesca & Annicchiarico, Barbara & Kalkuhl, Matthias & Minx, Jan C., 2021. "Climate actions and macro-financial stability: The role of central banks," Journal of Environmental Economics and Management, Elsevier, vol. 110(C).
    51. Colacito, Riccardo & Hoffmann, Bridget & Phan, Toan, 2016. "Temperature and Growth: A Panel Analysis of the United States," IDB Publications (Working Papers) 7654, Inter-American Development Bank.
    52. Lane, Philip R., 2019. "Climate Change and the Irish Financial System," Economic Letters 1/EL/19, Central Bank of Ireland.
    53. Lassi Ahlvik & Matti Liski, 2019. "Think global, act local! A mechanism for global commons and mobile firms," CESifo Working Paper Series 7597, CESifo.
    54. Bommier, Antoine & Lanz, Bruno & Zuber, Stéphane, 2015. "Models-as-usual for unusual risks? On the value of catastrophic climate change," Journal of Environmental Economics and Management, Elsevier, vol. 74(C), pages 1-22.
    55. Lucas Bretschger & Christos Karydas, 2014. "Optimum Growth and Carbon Policies with Lags in the Cllimate System," OxCarre Working Papers 144, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
    56. Nicolli, Francesco & Gilli, Marianna & Vona, Francesco, "undated". "Inequality and Climate Change: Two Problems, One Solution?," FEEM Working Papers 329340, Fondazione Eni Enrico Mattei (FEEM).
    57. Lars Calmfors & Giancarlo Corsetti & John Hassler & Gilles Saint-Paul & Hans-Werner Sinn & Jan-Egbert Sturm & Ákos Valentinyi & Xavier Vives, 2012. "EEAG Report on the European Economy 2012," EEAG Report on the European Economy, CESifo, vol. 0, pages 01-156, February.
    58. Aghion, Philippe & Acemoglu, Daron & Hémous, David & Bursztyn, Leonardo, 2011. "The Environment and Directed Technical Change," CEPR Discussion Papers 8660, C.E.P.R. Discussion Papers.
    59. Arbex, Marcelo & Batu, Michael, 2020. "What if people value nature? Climate change and welfare costs," Resource and Energy Economics, Elsevier, vol. 61(C).
    60. Lionel Sopgoui, 2024. "Impact of Climate transition on Credit portfolio's loss with stochastic collateral," Papers 2408.13266, arXiv.org, revised May 2025.
    61. Ara Jo & Alena Miftakhova, 2022. "How Constant is Constant Elasticity of Substitution? Endogenous Substitution between Clean and Dirty Energy," CER-ETH Economics working paper series 22/369, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
    62. Tom Krebs, 2021. "Klimaschutz und der moderne Staat: Ein Wasserstoffpaket fuer Deutschland," Working Papers 1, Forum New Economy.
    63. Philippe Aghion & Antoine Dechezleprêtre & David Hemous & Ralf Martin & John Van Reenen, 2012. "Carbon Taxes, Path Dependency and Directed Technical Change: Evidence from the Auto Industry," CEP Discussion Papers dp1178, Centre for Economic Performance, LSE.
    64. Desmet, Klaus & Rossi-Hansberg, Esteban, 2015. "On the spatial economic impact of global warming," Journal of Urban Economics, Elsevier, vol. 88(C), pages 16-37.
    65. Gutsch, Alexandra & Schult, Christoph, 2025. "The German Energy Crisis: A TENK-based Fiscal Policy Analysis," IWH Discussion Papers 1/2025, Halle Institute for Economic Research (IWH), revised 2025.
    66. Lamperti, F. & Dosi, G. & Napoletano, M. & Roventini, A. & Sapio, A., 2018. "Faraway, So Close: Coupled Climate and Economic Dynamics in an Agent-based Integrated Assessment Model," Ecological Economics, Elsevier, vol. 150(C), pages 315-339.
    67. Colciago, Andrea & Priftis, Romanos & Chafwehé, Boris, 2024. "Reallocation, productivity, and monetary policy in an energy crisis," Working Paper Series 2961, European Central Bank.
    68. Laeven, Luc & Popov, Alexander, 2022. "Carbon taxes and the geography of fossil lending," Working Paper Series 2762, European Central Bank.
    69. Nakov, Anton & Thomas, Carlos, 2023. "Climate-conscious monetary policy," Working Paper Series 2845, European Central Bank.
    70. Martinsson, Gustav & Sajtos, László & Strömberg, Per & Thomann, Christian, 2022. "Carbon Pricing and Firm-Level CO2 Abatement: Evidence from a Quarter of a Century-Long Panel," HoSS Working Paper Series 2022-10, Stockholm School of Economics, House of Sustainable Society (HoSS).
    71. van der Ploeg, Frederick, 2014. "Abrupt positive feedback and the social cost of carbon," European Economic Review, Elsevier, vol. 67(C), pages 28-41.
    72. Habla, Wolfgang & Roeder, Kerstin, 2017. "The political economy of mitigation and adaptation," European Economic Review, Elsevier, vol. 92(C), pages 239-257.
    73. Casey, Gregory, 2017. "Energy Efficiency and Directed Technical Change: Implications for Climate Change Mitigation," MPRA Paper 76416, University Library of Munich, Germany.
    74. van der Ploeg, Frederick & Rezai, Armon, 2017. "The Agnostic’s Response to Climate Deniers: Price Carbon!," CEPR Discussion Papers 12468, C.E.P.R. Discussion Papers.
    75. Anastasios Xepapadeas, 2021. "Climate change and the financial system: a note," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 48(1), pages 5-13, March.
    76. Hänsel, Martin C. & Quaas, Martin F., 2018. "Intertemporal Distribution, Suffciency, and the Social Cost of Carbon," Open Access Publications from Kiel Institute for the World Economy 233103, Kiel Institute for the World Economy.
    77. Lukas Boer & Andrea Pescatori & Martin Stuermer, 2021. "Energy Transition Metals," Discussion Papers of DIW Berlin 1976, DIW Berlin, German Institute for Economic Research.
    78. Javier Andrés & José Emilio Boscá & Rafael Doménech & Javier Ferri, 2024. "The Welfare Effects of Degrowth as a Decarbonization Strategy," Working Papers 2024-04, FEDEA.
    79. Belfiori, Maria Elisa, 2017. "Carbon pricing, carbon sequestration and social discounting," European Economic Review, Elsevier, vol. 96(C), pages 1-17.
    80. James A. Lennox & Jan Witajewski, 2014. "Directed Technical Change With Capital-Embodied Technologies: Implications For Climate Policy," Working Papers 2014.73, Fondazione Eni Enrico Mattei.
    81. Josué Barrera-Santana & Gustavo A. Marrero & Luis A. Puch & Antonia Díaz, 2021. "CO2 Emissions and Energy Technologies in Western Europe," Documentos de Trabajo del ICAE 2021-07, Universidad Complutense de Madrid, Facultad de Ciencias Económicas y Empresariales, Instituto Complutense de Análisis Económico.
    82. Helm, Carsten & Mier, Mathias, 2021. "Steering the energy transition in a world of intermittent electricity supply: Optimal subsidies and taxes for renewables and storage," Journal of Environmental Economics and Management, Elsevier, vol. 109(C).
    83. Hémous, David, 2016. "The dynamic impact of unilateral environmental policies," Journal of International Economics, Elsevier, vol. 103(C), pages 80-95.
    84. Jean-Guillaume Sahuc & Frank Smets & Gauthier Vermandel, 2025. "The New Keynesian Climate Model," EconomiX Working Papers 2025-1, University of Paris Nanterre, EconomiX.
    85. Linus Mattauch & Richard Millar & Rick van der Ploeg & Armon Rezai & Anselm Schultes & Frank Venmans & Nico Bauer & Simon Dietz & Ottmar Edenhofer & Niall Farrell & Cameron Hepburn & Gunnar Luderer & , 2018. "Steering the Climate System: An Extended Comment," CESifo Working Paper Series 7414, CESifo.
      • Mattauch, Linus & Hepburn, Cameron & Millar, Richard & van der Ploeg, Frederick & Rezai, Armon & Schultes, Anselm & Venmans, Frank & Bauer, Nico & Dietz, Simon & Edenhofer, Ottmar & Farrell, Niall & L, 2018. "Steering the climate system: an extended comment," INET Oxford Working Papers 2018-17, Institute for New Economic Thinking at the Oxford Martin School, University of Oxford.
    86. Borissov, Kirill & Brausmann, Alexandra & Bretschger, Lucas, 2019. "Carbon pricing, technology transition, and skill-based development," European Economic Review, Elsevier, vol. 118(C), pages 252-269.
    87. Shen, Jie & Zheng, Haitao & Zhu, Lei, 2025. "Quantifying firm-level carbon risk: A novel emission reduction stress factor," Economic Modelling, Elsevier, vol. 151(C).
    88. Zhang, Xiaodi, 2025. "Integrating policy design with agricultural emissions reduction in China: A multi-sector DSGE Approach," Economic Analysis and Policy, Elsevier, vol. 86(C), pages 2019-2048.
    89. Li, Qingran & Pizer, William A., 2021. "Use of the consumption discount rate for public policy over the distant future," Journal of Environmental Economics and Management, Elsevier, vol. 107(C).
    90. Javier Andrés & José Emilio Boscá & Rafael Doménech & Javier Ferri, 2024. "España | Efectos para el bienestar del decrecimiento como estrategia de descarbonización [Spain | The welfare effects of degrowth as a decarbonization strategy]," Working Papers 24/06, BBVA Bank, Economic Research Department.
    91. Bazhanov, Andrei V., 2022. "Extraction path and sustainability," Resources Policy, Elsevier, vol. 76(C).
    92. Agliardi, Elettra & Xepapadeas, Anastasios, 2022. "Temperature targets, deep uncertainty and extreme events in the design of optimal climate policy," Journal of Economic Dynamics and Control, Elsevier, vol. 139(C).
    93. Maya Eden, 2023. "The Cross‐Sectional Implications of the Social Discount Rate," Econometrica, Econometric Society, vol. 91(6), pages 2065-2088, November.
    94. Gregory Casey & Stephie Fried & Ethan Goode, 2022. "Projecting the Impact of Rising Temperatures: The Role of Macroeconomic Dynamics," Working Paper Series 2022-20, Federal Reserve Bank of San Francisco.
    95. Raouf Boucekkine & Giorgio Fabbri & Salvatore Federico & Fausto Gozzi & Ted Loch-Temzelides & Cristiano Ricci, 2025. "Differential climate games with heterogenous players," AMSE Working Papers 2534, Aix-Marseille School of Economics, France.
    96. Stefano Carattini & Garth Heutel & Givi Melkadze, 2023. "Climate Policy, Financial Frictions, and Transition Risk," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 51, pages 778-794, December.
    97. Xiao, Bowen & Fan, Ying & Guo, Xiaodan, 2018. "Exploring the macroeconomic fluctuations under different environmental policies in China: A DSGE approach," Energy Economics, Elsevier, vol. 76(C), pages 439-456.
    98. Barrage, Lint, 2018. "Be careful what you calibrate for: Social discounting in general equilibrium," Journal of Public Economics, Elsevier, vol. 160(C), pages 33-49.
    99. Phan, Toàn & Schwartzman, Felipe, 2024. "Climate defaults and financial adaptation," European Economic Review, Elsevier, vol. 170(C).
    100. Ian Wing & Karen Fisher-Vanden, 2013. "Confronting the challenge of integrated assessment of climate adaptation: a conceptual framework," Climatic Change, Springer, vol. 117(3), pages 497-514, April.
    101. Gomez-Trejos, Felipe, 2025. "Dynamic welfare implications of market-based climate policy under demand uncertainty," Journal of Economic Behavior & Organization, Elsevier, vol. 238(C).
    102. Achim Hagen & Gilbert Kollenbach, 2024. "The Political Economy of Stranded Assets: Climate Policies, Investments and the Role of Elections," Berlin School of Economics Discussion Papers 0033, Berlin School of Economics.
    103. Rick Van der Ploeg & Cees Withagen, 2010. "Growth, Renewables and the Optimal Carbon Tax," OxCarre Working Papers 055, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
    104. Ulrich Eydam & Francesca Diluiso, 2022. "How to Redistribute the Revenues from Climate Policy? A Dynamic Perspective with Financially Constrained Households," CEPA Discussion Papers 45, Center for Economic Policy Analysis.
    105. van der Ploeg, Frederick & Rezai, Armon, 2018. "The Agnostic's Response to Climate Deniers: Price Carbon!," Ecological Economic Papers 21, WU Vienna University of Economics and Business.
    106. Nicolli, Francesco & Gilli, Marianna & Vona, Francesco, 2025. "Inequality and climate change: Two problems, one solution?," Energy Economics, Elsevier, vol. 145(C).
    107. Reyer Gerlagh & Veronica Lupi & Marzio Galeotti, 2023. "Fertility and climate change," Scandinavian Journal of Economics, Wiley Blackwell, vol. 125(1), pages 208-252, January.
    108. Spiro, Daniel, 2014. "Resource prices and planning horizons," Journal of Economic Dynamics and Control, Elsevier, vol. 48(C), pages 159-175.
    109. Chan, Ying Tung & Qiao, Hui, 2023. "Volatility spillover between oil and stock prices: Structural connectedness based on a multi-sector DSGE model approach with Bayesian estimation," International Review of Economics & Finance, Elsevier, vol. 87(C), pages 265-286.
    110. Peter von zur Muehlen, 2022. "Prices and Taxes in a Ramsey Climate Policy Model under Heterogeneous Beliefs and Ambiguity," Economies, MDPI, vol. 10(10), pages 1-56, October.
    111. van der Ploeg, Frederick & Withagen, Cees, 2011. "Growth and the Optimal Carbon Tax: When to Switch from Exhaustible Resources to Renewables?," CEPR Discussion Papers 8215, C.E.P.R. Discussion Papers.
    112. Pommeret, Aude & Ricci, Francesco & Schubert, Katheline, 2022. "Critical raw materials for the energy transition," European Economic Review, Elsevier, vol. 141(C).
    113. Traeger, Christian, 2021. "ACE - Analytic Climate Economy," CEPR Discussion Papers 15968, C.E.P.R. Discussion Papers.
    114. Chen, Zi-yue & Nie, Pu-yan, 2016. "Effects of carbon tax on social welfare: A case study of China," Applied Energy, Elsevier, vol. 183(C), pages 1607-1615.
    115. Francesco Busato & Bruno Chiarini & Gianluigi Cisco & Maria Ferrara, 2025. "E-DSGE Model with Environmentally Aware Consumers," Italian Economic Journal: A Continuation of Rivista Italiana degli Economisti and Giornale degli Economisti, Springer;Società Italiana degli Economisti (Italian Economic Association), vol. 11(3), pages 1335-1386, November.
    116. Donadelli, Michael & Jüppner, Marcus & Riedel, Max & Schlag, Christian, 2017. "Temperature shocks and welfare costs," SAFE Working Paper Series 177, Leibniz Institute for Financial Research SAFE.
    117. Gerlagh, Reyer & Heijmans, Roweno J.R.K. & Rodendahl, Knut Einar, 2019. "Endogenous Emission Caps Always Induce a Green Paradox," Other publications TiSEM a629a851-9ea0-4022-aa1b-c, Tilburg University, School of Economics and Management.
    118. Malafry, Laurence & Soares Brinca, Pedro, 2020. "Climate Policy in an Unequal World: Assessing the Cost of Risk on Vulnerable Households," MPRA Paper 100201, University Library of Munich, Germany.
    119. Karine Constant & Marion Davin, 2018. "Unequal vulnerability to climate change and the transmission of adverse effects through international trade," Working Papers hal-01947416, HAL.
    120. Hassler, John & Sinn, Hans-Werner, 2016. "The fossil episode," Journal of Monetary Economics, Elsevier, vol. 83(C), pages 14-26.
    121. Kotlikoff, Laurence & Kubler, Felix & Polbin, Andrey & Scheidegger, Simon, 2024. "Can today’s and tomorrow’s world uniformly gain from carbon taxation?," European Economic Review, Elsevier, vol. 168(C).
    122. Emmanuel Bovari & Victor Court, 2019. "Energy, knowledge, and demo-economic development in the long run: a unified growth model," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-01698755, HAL.
    123. Armon Rezai & Frederick Van der Ploeg, 2016. "Second-Best Renewable Subsidies to De-Carbonize the Economy: Commitment and the Green Paradox," CESifo Working Paper Series 5721, CESifo.
    124. Bogmans, Christian & Pescatori, Andrea & Prifti, Ervin, 2024. "The impact of climate policy on oil and gas investment: Evidence from firm-level data," European Economic Review, Elsevier, vol. 165(C).
    125. Flavio Contrada & Pietro Dindo & Alessandro Spiganti, 2025. "Carbon Tax, Labour Market Segregation, and Inequality," Working Papers 2025: 29, Department of Economics, University of Venice "Ca' Foscari".
    126. Ara Jo, 2025. "Substitution Between Clean And Dirty Energy With Biased Technical Change," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 66(2), pages 883-902, May.
    127. Frederick Ploeg, 2023. "Fiscal Costs of Climate Policies: Role of Tax, Political, and Behavioural Distortions," De Economist, Springer, vol. 171(2), pages 119-137, June.
    128. Michael Donadelli & Marcus Jüppner & Antonio Paradiso & Christian Schlag, 2019. "Temperature Volatility Risk," Working Papers 2019:05, Department of Economics, University of Venice "Ca' Foscari".
    129. Semih Tumen & Deren Unalmis & Ibrahim Unalmis & Ms. Filiz D Unsal, 2014. "Taxing Fossil Fuels under Speculative Storage," IMF Working Papers 2014/228, International Monetary Fund.
    130. Marco Carli, 2025. "Green Ambiguity," CEIS Research Paper 591, Tor Vergata University, CEIS, revised 05 Feb 2025.
    131. Neerunjun, Nandeeta & Stahn, Hubert, 2025. "Renewable energy support: Pre-announced policies and efficiency," Energy Economics, Elsevier, vol. 150(C).
    132. Eichner, Thomas & Pethig, Rüdiger, 2019. "Strategic pollution control and capital tax competition," Journal of Environmental Economics and Management, Elsevier, vol. 94(C), pages 27-53.
    133. Rosegrant, Mark W. & Bryan, Elizabeth & Thomas, Timothy S. & Wiebe, Keith D., 2025. "Climate change: Understanding impacts on agrifood systems and evaluating policy options," IFPRI book chapters, in: Global food policy report 2025: Food policy: Lessons and priorities for a changing world, chapter 4, pages 75-106, International Food Policy Research Institute (IFPRI).
    134. Laurence J. Kotlikoff & Andrey Polbin & Andrey Zubarev, 2016. "Will the Paris Accord Accelerate Climate Change?," NBER Working Papers 22731, National Bureau of Economic Research, Inc.
    135. Holtsmark, Katinka & Midttømme, Kristoffer, 2021. "The dynamics of linking permit markets," Journal of Public Economics, Elsevier, vol. 198(C).
    136. Martin Gonzalez-Eiras & Dirk Niepelt, 2015. "Politico-Economic Equivalence," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 18(4), pages 843-862, October.
    137. George Economides & Anastasios Xepapadeas, 2019. "The effects of climate change on a small open economy," Working Papers 267, Bank of Greece.
    138. van der Ploeg, Frederick & Rezai, Armon, 2014. "Intergenerational inequality aversion, growth and the role of damages: Occam?s rule for the global carbon tax," CEPR Discussion Papers 10292, C.E.P.R. Discussion Papers.
    139. El Tinay, Hassan & Schor, Juliet B., 2025. "Do economists think about climate change and inequality? Semantic analysis and topic modeling of top five economics journals," Ecological Economics, Elsevier, vol. 232(C).
    140. Gregory Casey & Ryo Horii, 2019. "A Multi-factor Uzawa Growth Theorem and Endogenous Capital-Augmenting Technological Change," ISER Discussion Paper 1051, Institute of Social and Economic Research, The University of Osaka.
    141. Ernst, Anne & Hinterlang, Natascha & Mahle, Alexander & Stähler, Nikolai, 2022. "Carbon pricing, border adjustment and climate clubs: An assessment with EMuSe," Discussion Papers 25/2022, Deutsche Bundesbank.
    142. Campiglio, Emanuele & Lamperti, Francesco & Terranova, Roberta, 2024. "Believe me when I say green! Heterogeneous expectations and climate policy uncertainty," Journal of Economic Dynamics and Control, Elsevier, vol. 165(C).
    143. You-hua Chen & Chan Wang & Pu-yan Nie, 2020. "Emission regulation of conventional energy-intensive industries," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 22(4), pages 3723-3737, April.
    144. Keuschnigg, Christian & Stalenis, Giedrius, 2025. "Energy Saving Innovation, Vintage Capital, and the Green Transition," VfS Annual Conference 2025 (Cologne): Revival of Industrial Policy 325400, Verein für Socialpolitik / German Economic Association.
    145. Gregory Casey & Oded Galor, 2016. "Population Growth and Carbon Emissions," CESifo Working Paper Series 6223, CESifo.
    146. Lassi Ahlvik & Matti Liski, 2022. "Global Externalities, Local Policies, and Firm Selection," Journal of the European Economic Association, European Economic Association, vol. 20(3), pages 1231-1275.
    147. Cees A. Withagen, 2018. "The Social Cost of Carbon and the Ramsey Rule," CESifo Working Paper Series 7359, CESifo.
    148. Rising, James A. & Taylor, Charlotte & Ives, Matthew C. & Ward, Robert E.T., 2022. "Challenges and innovations in the economic evaluation of the risks of climate change," Ecological Economics, Elsevier, vol. 197(C).
    149. Andrade de Sá, Saraly & Daubanes, Julien, 2016. "Limit pricing and the (in)effectiveness of the carbon tax," Journal of Public Economics, Elsevier, vol. 139(C), pages 28-39.
    150. Burgold, Peter & Ernst, Anne & Hinterlang, Natascha & Jäger, Marius & Stähler, Nikolai, 2025. "Cap and Trade versus tradable performance standard: A comparison for Europe and China," Discussion Papers 02/2025, Deutsche Bundesbank.
    151. Stan Olijslagers & Sweder van Wijnbergen, 2019. "Discounting the Future: on Climate Change, Ambiguity Aversion and Epstein-Zin Preferences," Tinbergen Institute Discussion Papers 19-030/VI, Tinbergen Institute.
    152. Xiao Yu & Yingdong Xu & Jian Zhang & Yue Sun, 2022. "The Synergy Green Innovation Effect of Green Innovation Subsidies and Carbon Taxes," Sustainability, MDPI, vol. 14(6), pages 1-27, March.
    153. Masako Ikefuji & Jan R. Magnus & Hiroaki Sakamoto, 2014. "Adaptation for Mitigation," Working Papers 2014.102, Fondazione Eni Enrico Mattei.
    154. Rick Van der Ploeg & Ton S. Van den Bremer, 2018. "The Risk-Adjusted Carbon Price," OxCarre Working Papers 203, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
    155. Rossi-Hansberg, Esteban & Cruz, Jose-Luis, 2021. "The Economic Geography of Global Warming," CEPR Discussion Papers 15803, C.E.P.R. Discussion Papers.
    156. Burgold, Peter & Ernst, Anne & Hinterlang, Natascha & Jäger, Marius & Stähler, Nikolai, 2025. "Cap and trade versus tradable performance standard in a production network model with sectoral heterogeneity," Journal of Economic Dynamics and Control, Elsevier, vol. 178(C).
    157. Simon F. Lang, 2025. "Optimal Carbon Prices in an Unequal World: The Role of Regional Welfare Weights," Papers 2512.24520, arXiv.org.
    158. Espinosa, Cristian & Gutierrez Cubillos, Pablo & Castro Nofal, Bastián, 2025. "The carbon tax as an automatic stabilizer in a commodity-producing Small Open Economy," Economic Analysis and Policy, Elsevier, vol. 85(C), pages 835-853.
    159. Jo, Ara & Miftakhova, Alena, 2024. "How constant is constant elasticity of substitution? Endogenous substitution between clean and dirty energy," Journal of Environmental Economics and Management, Elsevier, vol. 125(C).
    160. Tol, Richard S.J., 2024. "A meta-analysis of the total economic impact of climate change," Energy Policy, Elsevier, vol. 185(C).
    161. Hillebrand, Elmar & Hillebrand, Marten, 2023. "Who pays the bill? Climate change, taxes, and transfers in a multi-region growth model," Journal of Economic Dynamics and Control, Elsevier, vol. 153(C).
    162. Mier, Mathias & Weissbart, Christoph, 2020. "Power markets in transition: Decarbonization, energy efficiency, and short-term demand response," Energy Economics, Elsevier, vol. 86(C).
    163. Ingmar Schumacher, 2016. "Climate Policy Must Favour Mitigation Over Adaptation," Working Papers 2016-633, Department of Research, Ipag Business School.
    164. Daron Acemoglu & Ufuk Akcigit & Douglas Hanley & William Kerr, 2016. "Transition to Clean Technology," Journal of Political Economy, University of Chicago Press, vol. 124(1), pages 52-104.
    165. Christian P. Traeger, 2023. "ACE—Analytic Climate Economy," American Economic Journal: Economic Policy, American Economic Association, vol. 15(3), pages 372-406, August.
    166. Mr. Alessandro Cantelmo & Mr. Giovanni Melina & Mr. Chris Papageorgiou, 2019. "Macroeconomic Outcomes in Disaster-Prone Countries," IMF Working Papers 2019/217, International Monetary Fund.
    167. Faraz Farhidi, 2023. "Impact of fossil fuel transition and population expansion on economic growth," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 25(3), pages 2571-2609, March.
    168. Harrison Hong & Neng Wang & Jinqiang Yang, 2023. "Mitigating Disaster Risks in the Age of Climate Change," Econometrica, Econometric Society, vol. 91(5), pages 1763-1802, September.
    169. Reyer Gerlagh & Richard Jaimes & Ali Motavasseli, 2017. "Global Demographic Change and Climate Policies," CESifo Working Paper Series 6617, CESifo.
    170. van der Ploeg, Frederick & De Zeeuw, Aart, 2015. "Non-Cooperative and Cooperative Responses to Climate Catastrophes in the Global Economy: A North-South Perspective," CEPR Discussion Papers 10870, C.E.P.R. Discussion Papers.
    171. Pablo Garcia Sanchez & Olivier Pierrard, 2026. "The Rich, The Poor, and The Carbon Tax," LIDAM Discussion Papers IRES 2026006, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    172. Julien DAUBANES & Pierre LASSERRE, 2014. "Dispatching after Producing : The Supply of Non-Renewable Resources," Cahiers de recherche 13-2014, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
    173. Lucas Bretschger & Evgenij Komarov, 2023. "All Inclusive Climate Policy in a Growing Economy: The Role of Human Health," CER-ETH Economics working paper series 23/384, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
    174. Rick van der Ploeg & Armon Rezai, 2020. "Optimal Carbon Pricing in General Equilibrium: Temperature Caps and Stranded Assets in an Extended Annual DSGE Model," CESifo Working Paper Series 8782, CESifo.
    175. Vardar, N. Baris, 2024. "Optimal taxation of nonrenewable resources during clean energy transition: A general equilibrium approach," Mathematical Social Sciences, Elsevier, vol. 130(C), pages 10-23.
    176. Rick Van der Ploeg & Armon Rezai, 2017. "The Simple Arithmetic of Carbon Pricing and Stranded Assets," OxCarre Working Papers 197, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
    177. Varga, Janos & Roeger, Werner & in ’t Veld, Jan, 2022. "E-QUEST: A multisector dynamic general equilibrium model with energy and a model-based assessment to reach the EU climate targets," Economic Modelling, Elsevier, vol. 114(C).
    178. Pablo Garcia Sanchez & Olivier Pierrard, 2025. "Modeling the Evolution of Carbon Intensity: Linking the Solow Model to the Transport Equation," LIDAM Discussion Papers IRES 2025006, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    179. Douglas Hanley & Daron Acemoglu & Ufuk Akcigit & William Kerr, 2014. "Transition to Clean Technology," Working Paper 534, Department of Economics, University of Pittsburgh, revised Jan 2014.
    180. Paukku Eelis, 2023. "Carbon Pricing in Finland: Balancing policy goals," Nordic Tax Journal, Sciendo, vol. 2023(1), pages 76-95, December.
    181. Kalsbach, Oliver & Rausch, Sebastian, 2024. "Pricing carbon in a multi-sector economy with social discounting," Journal of Environmental Economics and Management, Elsevier, vol. 125(C).
    182. Deng, Zhongqi & Qin, Ming & Song, Shunfeng, 2020. "Re-study on Chinese city size and policy formation," China Economic Review, Elsevier, vol. 60(C).
    183. Elisa Belfiori & Manuel Macera, 2024. "Climate Inequality: Carbon Capture for Redistribution," CESifo Working Paper Series 11239, CESifo.
    184. Barbara Annicchiarico & Francesca Diluiso, 2017. "International Transmission of the Business Cycle and Environmental Policy," CEIS Research Paper 423, Tor Vergata University, CEIS, revised 19 Dec 2017.
    185. Ron Chan & Martino Pelli & Veronica Vienne, 2023. "Air Pollution, Smoky Days and Hours Worked," CIRANO Working Papers 2023s-15, CIRANO.
    186. Benmir, Ghassane & Mori, Aditya & Roman, Josselin & Tarsia, Romano, 2025. "Beneath the trees: the influence of natural capital on shadow price dynamics in a macroeconomic model with uncertainty," LSE Research Online Documents on Economics 128516, London School of Economics and Political Science, LSE Library.
    187. David Comerford, 2013. "A balance of questions: what can we ask of climate change economics?," Edinburgh School of Economics Discussion Paper Series 216, Edinburgh School of Economics, University of Edinburgh.
    188. George Economides & Anastasios Xepapadeas, 2018. "Monetary Policy under Climate Change," CESifo Working Paper Series 7021, CESifo.
    189. Huang, Zhehao & Dong, Hao & Jia, Shuaishuai, 2022. "Equilibrium pricing for carbon emission in response to the target of carbon emission peaking," Energy Economics, Elsevier, vol. 112(C).
    190. Yongyang Cai & Kenneth L. Judd & Thomas S. Lontzek, 2015. "The Social Cost of Carbon with Economic and Climate Risks," Papers 1504.06909, arXiv.org, revised Apr 2015.
    191. Campiglio, Emanuele & Spiganti, Alessandro & Wiskich, Anthony, 2024. "Clean innovation, heterogeneous financing costs, and the optimal climate policy mix," Journal of Environmental Economics and Management, Elsevier, vol. 128(C).
    192. Bohn, Henning & Stuart, Charles, 2015. "Calculation of a Population Externality," University of California at Santa Barbara, Recent Works in Economics qt5cg1k3nd, Department of Economics, UC Santa Barbara.
    193. Ralph Winkler, 2023. "On the Relationship between Adaptation and Mitigation," Diskussionsschriften dp2307, Universitaet Bern, Departement Volkswirtschaft.
    194. Fischer, Carolyn & Salant, Stephen W., 2017. "Balancing the carbon budget for oil: The distributive effects of alternative policies," European Economic Review, Elsevier, vol. 99(C), pages 191-215.
    195. Le Moigne, Mathilde & Lepot, Simon & Ossa, Ralph & Ritel, Marcos & Simon, Dóra Zsuzsanna, 2024. "Greening Ricardo: Environmental comparative advantage and the environmental gains from trade," WTO Staff Working Papers ERSD-2024-07, World Trade Organization (WTO), Economic Research and Statistics Division.
    196. Benmir, Ghassane & Jaccard, Ivan & Vermandel, Gauthier, 2020. "Green asset pricing," Working Paper Series 2477, European Central Bank.
    197. Federico Lubello, 2024. "From brown to green: Climate transition and macroprudential policy coordination," BCL working papers 192, Central Bank of Luxembourg.
    198. Carlier, Guillaume & Dupuis, Xavier & Rochet, Jean-Charles & Thanassoulis, John, 2024. "A general solution to the quasi linear screening problem," Journal of Mathematical Economics, Elsevier, vol. 114(C).
    199. Yang, Jun & Yang, Dingjian & Cheng, Jixin, 2024. "The non-rivalry of data, directed technical change and the environment: A theoretical study incorporating data as a production factor," Economic Analysis and Policy, Elsevier, vol. 82(C), pages 417-448.
    200. Kornek, Ulrike & Klenert, David & Edenhofer, Ottmar & Fleurbaey, Marc, 2021. "The social cost of carbon and inequality: When local redistribution shapes global carbon prices," Journal of Environmental Economics and Management, Elsevier, vol. 107(C).
    201. Etienne Espagne, 2018. "Money, Finance and Climate: The Elusive Quest for a Truly Integrated Assessment Model," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 60(1), pages 131-143, March.
    202. Martin C. Hänsel & Michael D. Bauer & Moritz A. Drupp & Gernot Wagner & Glenn D. Rudebusch, 2022. "Climate Policy Curves: Linking Policy Choices to Climate Outcomes," CESifo Working Paper Series 10113, CESifo.
    203. Gerlagh, Reyer, 2022. "Climate, Technology, Family Size; on the Crossroad between Two Ultimate Externalities," Discussion Paper 2022-027, Tilburg University, Center for Economic Research.
    204. Fangzhi Wang & Hua Liao & Richard S. J. Tol, 2023. "Baumol's Climate Disease," Papers 2312.00160, arXiv.org.
    205. William Nordhaus, 2014. "Estimates of the Social Cost of Carbon: Concepts and Results from the DICE-2013R Model and Alternative Approaches," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 1(1), pages 000.
    206. Clemens, Marius & Röger, Werner, 2024. "What is the difference between fossil fuel embargo and price shocks?," Energy Economics, Elsevier, vol. 132(C).
    207. Peter K. Kruse-Andersen, 2019. "Directed Technical Change, Environmental Sustainability, and Population Growth," Discussion Papers 19-12, University of Copenhagen. Department of Economics.
    208. Amigues, Jean-Pierre & Moreaux, Michel, 2016. "Converting Primary Resources Into Useful Energy: The Pollution Ceiling Efficiency Paradox," TSE Working Papers 16-624, Toulouse School of Economics (TSE), revised Dec 2018.
    209. Ahlvik, Lassi & Iho, Antti, 2018. "Optimal geoengineering experiments," Journal of Environmental Economics and Management, Elsevier, vol. 92(C), pages 148-168.
    210. Rene Carmona, 2020. "Applications of Mean Field Games in Financial Engineering and Economic Theory," Papers 2012.05237, arXiv.org.
    211. Barbara Annicchiarico & Marco Carli & Francesca Diluiso, 2022. "Climate Policies, Macroprudential Regulation, and the Welfare Cost of Business Cycles," CEIS Research Paper 543, Tor Vergata University, CEIS, revised 31 Oct 2022.
    212. Caggese, Andrea & Chiavari, Andrea & Goraya, Sampreet Singh & Villegas‑Sanchez, Carolina, 2025. "Climate change, firms, and aggregate productivity," Working Paper Series 3084, European Central Bank.
    213. Fabien Prieur & Ingmar Schumacher, 2022. "The impact of conflicts on climate and migration policy," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 24(4), pages 653-681, August.
    214. Alshammari, Yousef M., 2021. "Scenario analysis for energy transition in the chemical industry: An industrial case study in Saudi Arabia," Energy Policy, Elsevier, vol. 150(C).
    215. Andrew, Kevin & Majerbi, Basma & Rhodes, Ekaterina, 2022. "Slouching or speeding toward net zero? Evidence from COVID-19 energy-related stimulus policies in the G20," Ecological Economics, Elsevier, vol. 201(C).
    216. William A. Brock & Gustav Engström & Anastasios Xepapadeas, 2012. "Spatial Climate-Economic Models in the Design of Optimal Climate Policies Across Locations," Working Papers 2012.74, Fondazione Eni Enrico Mattei.
    217. Richard S.J. Tol, 2021. "Estimates of the social cost of carbon have not changed over time," Working Paper Series 0821, Department of Economics, University of Sussex Business School.
    218. David Comerford & Alessandro Spiganti, 2023. "The Carbon Bubble: climate policy in a fire‐sale model of deleveraging," Scandinavian Journal of Economics, Wiley Blackwell, vol. 125(3), pages 655-687, July.
    219. Reyer Gerlagh & Veronica Lupi & Marzio Galeotti, 2018. "Family Planning and Climate Change," CESifo Working Paper Series 7421, CESifo.
    220. Bernardino Adao & Borghan Narajabad & Ted Loch-Temzelides, 2017. "Renewable Technology Adoption and the Macroeconomy," CESifo Working Paper Series 6372, CESifo.
    221. Bretschger, Lucas, 2024. "Green Road is open: Economic Pathway with a carbon price escalator," Journal of Environmental Economics and Management, Elsevier, vol. 127(C).
    222. Armon Rezai & Frederick Van der Ploeg, 2014. "Robustness of a Simple Rule for the Social Cost of Carbon," CESifo Working Paper Series 4703, CESifo.
    223. Castellini, Marta & Castelli, Chiara & Gusperti, Camilla & Lupi, Veronica & Vergalli, Sergio, 2025. "Balancing climate policies and economic development in the Mediterranean countries," Energy Economics, Elsevier, vol. 145(C).
    224. Saurav Kumar & Taniya Ghosh & Shesadri Banerjee, 2025. "Carbon credit trading and India's green transition," Indira Gandhi Institute of Development Research, Mumbai Working Papers 2025-027, Indira Gandhi Institute of Development Research, Mumbai, India.
    225. Dietrich, Alexander M. & Müller, Gernot J. & Schoenle, Raphael S., 2024. "Big news: Climate-disaster expectations and the business cycle," Journal of Economic Behavior & Organization, Elsevier, vol. 227(C).
    226. Lööf, Hans & Martinsson, Gustav & Mohammadi, Ali, 2017. "Finance and Innovative Investment in Environmental Technology: The Case of Sweden," Working Paper Series in Economics and Institutions of Innovation 445, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
    227. Thomas Eichner & Rüdiger Pethig, 2020. "Kantians Defy the Economists' Mantra of Uniform Pigovian Emissions Taxes," CESifo Working Paper Series 8749, CESifo.
    228. Jean-Marc Bourgeon & Margot Hovsepian, 2018. "Green Technology Adoption and the Business Cycle," Working Papers hal-01508534, HAL.
    229. Helm, Carsten & Mier, Mathias, 2019. "Subsidising Renewables but Taxing Storage? Second-Best Policies with Imperfect Carbon Pricing," VfS Annual Conference 2019 (Leipzig): 30 Years after the Fall of the Berlin Wall - Democracy and Market Economy 203539, Verein für Socialpolitik / German Economic Association.
    230. Egger, Peter H. & Keuschnigg, Christian, 2024. "Resource dependence, recycling, and trade," Journal of Environmental Economics and Management, Elsevier, vol. 128(C).
    231. Dao, Nguyen Thang & Vasilakis, Chrysovalantis, 2025. "The demographic transition and stagnation in countries vulnerable to climate change," Journal of Economic Dynamics and Control, Elsevier, vol. 178(C).
    232. Nguyen Thang Dao, 2021. "Climate policy and wealth distribution," ISER Discussion Paper 1139, Institute of Social and Economic Research, The University of Osaka.
    233. Aurélie Méjean & Antonin Pottier & Stéphane Zuber & Marc Fleurbaey, 2017. "Intergenerational equity under catastrophic climate change," Documents de travail du Centre d'Economie de la Sorbonne 17040, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
    234. van den Bijgaart, Inge, 2016. "Essays in environmental economics and policy," Other publications TiSEM 298bee2a-cb08-4173-9fe1-8, Tilburg University, School of Economics and Management.
    235. Garcia, Pablo & Jacquinot, Pascal & Lenarčič, Črt & Mavromatis, Kostas & Papadopoulou, Niki & Silgado-Gómez, Edgar, 2026. "Green transition in the euro area: Domestic and global factors," European Economic Review, Elsevier, vol. 182(C).
    236. Ara Jo & Christos Karydas, 2022. "Firm Heterogeneity, Industry Dynamics and Climate Policy," Department of Economics Working Papers 94/22, University of Bath, Department of Economics.
    237. Emanuele Campiglio & Alessandro Spiganti & Anthony Wiskich, 2023. "Clean innovation and heterogeneous financing costs," Working Papers 2023: 07, Department of Economics, University of Venice "Ca' Foscari".
    238. Gustav Martinsson & László Sajtos & Per Strömberg & Christian Thomann, 2024. "The Effect of Carbon Pricing on Firm Emissions: Evidence from the Swedish CO2 Tax," The Review of Financial Studies, Society for Financial Studies, vol. 37(6), pages 1848-1886.
    239. Rick Van der Ploeg, 2015. "Second-Best Carbon Taxation in the Global Economy: The Green Paradox and Carbon Leakage Revisited," OxCarre Working Papers 157, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
    240. Michael Donadelli & Patrick Grüning & Steffen Hitzemann, 2019. "Understanding Macro and Asset Price Dynamics During the Climate Transition," Bank of Lithuania Discussion Paper Series 18, Bank of Lithuania.
    241. Wolfgang Habla & Ralph Winkler, 2017. "Strategic Delegation and International Permit Markets: Why Linking May Fail," CESifo Working Paper Series 6515, CESifo.
    242. Elisa Belfiori & Daniel Carroll & Sewon Hur, 2026. "Unequal Climate Policy in an Unequal World," CESifo Working Paper Series 12443, CESifo.
    243. Justin Leroux, 2015. "Track-and-Trade: A liability approach to climate policy," CIRANO Working Papers 2015s-18, CIRANO.
    244. Marc Chesney & Pierre Lasserre & Bruno Troja, 2016. "Mitigating Global Warming: A Real Option Approach," CIRANO Working Papers 2016s-34, CIRANO.
    245. Ernst, Anne & Hinterlang, Natascha & Mahle, Alexander & Stähler, Nikolai, 2023. "Carbon pricing, border adjustment and climate clubs: Options for international cooperation," Journal of International Economics, Elsevier, vol. 144(C).
    246. Abrell, Jan & Kosch, Mirjam & Rausch, Sebastian, 2022. "How effective is carbon pricing?—A machine learning approach to policy evaluation," Journal of Environmental Economics and Management, Elsevier, vol. 112(C).
    247. Kollenberg, Sascha & Taschini, Luca, 2016. "Emissions trading systems with cap adjustments," LSE Research Online Documents on Economics 67774, London School of Economics and Political Science, LSE Library.
    248. Richard S J Tol, 2018. "The Economic Impacts of Climate Change," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 12(1), pages 4-25.
    249. van der Ploeg, Frederick & De Zeeuw, Aart, 2014. "Climate Tipping and Economic Growth: Precautionary Saving and the Social Cost of Carbon," CEPR Discussion Papers 9982, C.E.P.R. Discussion Papers.
    250. Engström, Gustav, 2016. "Structural and climatic change," Structural Change and Economic Dynamics, Elsevier, vol. 37(C), pages 62-74.
    251. Shouwei Li & Qingqing Li & Shuai Lu, 2024. "The impact of climate risk on credit supply to private and public sectors: an empirical analysis of 174 countries," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 26(1), pages 2443-2465, January.
    252. Thomas Douenne, 2020. "Disaster Risks, Disaster Strikes, and Economic Growth: the Role of Preferences," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 38, pages 251-272, October.
    253. Ferrari, Alessandro & Nispi Landi, Valerio, 2024. "Whatever it takes to save the planet? Central banks and unconventional green policy," Macroeconomic Dynamics, Cambridge University Press, vol. 28(2), pages 299-324, March.
    254. Yolanda Fernández Fernández & María Angeles Fernández López & David González Hernández & Blanca Olmedillas Blanco, 2018. "Institutional Change and Environment: Lessons from the European Emission Trading System," Energies, MDPI, vol. 11(4), pages 1-16, March.
    255. Tsao, Shu-Chen & Costello, Christopher, 2024. "The shadow cost of mobile public bads," Journal of Environmental Economics and Management, Elsevier, vol. 127(C).
    256. Breckenfelder, Johannes & Maćkowiak, Bartosz & Marqués-Ibáñez, David & Olovsson, Conny & Popov, Alexander & Porcellacchia, Davide & Schepens, Glenn, 2023. "The climate and the economy," Working Paper Series 2793, European Central Bank.
    257. Frederick van der Ploeg & Cees Withagen, 2010. "Is there really a Green Paradox?," Tinbergen Institute Discussion Papers 10-020/3, Tinbergen Institute, revised 27 Aug 2012.
    258. Burda, Michael C. & Goeth, Anna-Maria & Zessner-Spitzenberg, Leopold, 2025. "Capital Adjustment Costs and Stranded Assets in an Optimal Energy Transition," IZA Discussion Papers 18356, IZA Network @ LISER.
    259. Francesco Busato & Bruno Chiarini & Gianluigi Cisco & Maria Ferrara, 2023. "Green preferences," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 25(4), pages 3211-3253, April.
    260. Chen, Chuanqi & Pan, Dongyang, 2020. "The Optimal Mix of Monetary and Climate Policy," MPRA Paper 97718, University Library of Munich, Germany.
    261. Kiarsi, Mehrab & Masoudi, Nahid, 2025. "Optimal environmental policy and distortionary fiscal policy interactions: A DSGE perspective," Economic Modelling, Elsevier, vol. 147(C).
    262. Javier Moreno & Juan Pablo Medina & Rodrigo Palma-Behnke, 2023. "Latin America’s Renewable Energy Impact: Climate Change and Global Economic Consequences," Energies, MDPI, vol. 17(1), pages 1-48, December.
    263. Aguilar, Pablo & González, Beatriz & Hurtado, Samuel, 2023. "Green policies and transition risk propagation in production networks," Economic Modelling, Elsevier, vol. 126(C).
    264. V. V. Chari, 2018. "The Role of Uncertainty and Risk in Climate Change Economics," Staff Report 576, Federal Reserve Bank of Minneapolis.
    265. Abiry, Raphael & Ferdinandusse, Marien & Ludwig, Alexander & Nerlich, Carolin, 2022. "Climate change mitigation: how effective is green quantitative easing?," Working Paper Series 2701, European Central Bank.
    266. Li, Chuan-Zhong & Bali Swain, Ranjula, 2014. "Growth, Water Resilience, and Sustainability: A DSGE Model Applied to South Africa," Working Paper Series 2014:11, Uppsala University, Department of Economics.
    267. Aid, René & Federico, Salvatore & Ferrari, Giorgio & Rodosthenous, Neofytos, 2025. "Regulation in a Mean-Field Investment Game with Climate Damage," Center for Mathematical Economics Working Papers 705, Center for Mathematical Economics, Bielefeld University.
    268. Anna M. Dugan & Timo Trimborn, 2020. "The Optimal Extraction of Non-Renewable Resources under Hyperbolic Discounting," Economics Working Papers 2020-17, Department of Economics and Business Economics, Aarhus University.
    269. Bensoussan, Alain & Chevalier-Roignant, Benoit & Nguyen, Nam & Rivera, Alejandro, 2024. "Financing green entrepreneurs under limited commitment," Journal of Economic Dynamics and Control, Elsevier, vol. 168(C).
    270. Basu, Parantap & Jamasb, Tooraj & Sen, Anupama, 2024. "Trilemma or Trinity? The nexus of economic growth, circular economy and net zero," Energy Economics, Elsevier, vol. 138(C).
    271. Dobkowitz, Sonja, 2022. "Redistribution, Demand, and Sustainable Production," VfS Annual Conference 2021 (Virtual Conference): Climate Economics 242417, Verein für Socialpolitik / German Economic Association, revised 2022.
    272. Belfiori, Maria Elisa, 2018. "Climate change and intergenerational equity: Revisiting the uniform taxation principle on carbon energy inputs," Energy Policy, Elsevier, vol. 121(C), pages 292-299.
    273. Jiang, Chuyu & Li, Yating & Zhang, Xuan & Zhao, Yang, 2025. "Climate risk and corporate debt decision," Journal of International Money and Finance, Elsevier, vol. 151(C).
    274. Karla Hernández & Carlos Madeira, 2021. "The impact of climate change on economic output in Chile: past and future," Working Papers Central Bank of Chile 933, Central Bank of Chile.
    275. Gerlagh, Reyer & Hejimans, Roweno J. R. K. & Rosendahl, Knut Einar, 2020. "Endogenous Emission Caps Always Produce a Green Paradox," Working Paper Series 4-2020, Norwegian University of Life Sciences, School of Economics and Business.
    276. Emanuele Campiglio & Simon Dietz & Frank Venmans, 2022. "Optimal Climate Policy as If the Transition Matters," CESifo Working Paper Series 10139, CESifo.
    277. Harrison, Rodrigo & Lagunoff, Roger, 2019. "Tipping points and business-as-usual in a global commons," Journal of Economic Behavior & Organization, Elsevier, vol. 163(C), pages 386-408.
    278. Busato, Francesco & Chiarini, Bruno & Cisco, Gianluigi & Ferrara, Maria, 2021. "Greta Thunberg effect and Business Cycle Dynamics: A DSGE model," MPRA Paper 110141, University Library of Munich, Germany.
    279. Havranek, Tomas & Irsova, Zuzana & Janda, Karel & Zilberman, David, 2014. "Selective Reporting and the Social Cost of Carbon," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt8wk3t1c8, Department of Agricultural & Resource Economics, UC Berkeley.
    280. Dobkowitz, Sonja, 2024. "Meeting Climate Targets: The role of fossil research subsidies," VfS Annual Conference 2024 (Berlin): Upcoming Labor Market Challenges 302410, Verein für Socialpolitik / German Economic Association.
    281. Arvaniti, Maria & Habla, Wolfgang, 2021. "The political economy of negotiating international carbon markets," Journal of Environmental Economics and Management, Elsevier, vol. 110(C).
    282. Laurence J. Kotlikoff & Felix Kubler & Andrey Polbin & Simon Scheidegger, 2020. "Pareto-Improving Carbon-Risk Taxation," NBER Working Papers 26919, National Bureau of Economic Research, Inc.
    283. Hjort, Ingrid, 2016. "Potential Climate Risks in Financial Markets: A Literature Overview," Memorandum 01/2016, Oslo University, Department of Economics.
    284. Bhattarai, Keshab & Nguyen, Dung T.K. & Nguyen, Chan V, 2018. "Impacts of Direct and Indirect Tax Reforms in Vietnam: A CGE Analysis," MPRA Paper 92068, University Library of Munich, Germany, revised 08 Feb 2019.
    285. Hee Soo (test record) Kim & Christian Matthes & Toan Phan, 2011. "Extreme Weather and the Macroeconomy," Working Paper 21-14, Federal Reserve Bank of Richmond.
    286. Bongers, Anelí & Casas, Pablo, 2022. "The circular economy and the optimal recycling rate: A macroeconomic approach," Ecological Economics, Elsevier, vol. 199(C).
    287. Belfiori, Elisa & Rezai, Armon, 2024. "Implicit carbon prices," Journal of Environmental Economics and Management, Elsevier, vol. 125(C).
    288. Carsten Helm & Mathias Mier, 2018. "Subsidising Renewables but Taxing Storage? Second-Best Policies with Imperfect Pricing," Working Papers V-413-18, University of Oldenburg, Department of Economics, revised Oct 2018.
    289. Olijslagers, Stan & van der Ploeg, Frederick & van Wijnbergen, Sweder, 2023. "On current and future carbon prices in a risky world," Journal of Economic Dynamics and Control, Elsevier, vol. 146(C).
    290. Maria Belfiori & Armon Rezai, 2019. "Optimal Climate Policy: Making do with the taxes we have," 2019 Meeting Papers 1029, Society for Economic Dynamics.
    291. Ye, Huiying & Liao, Hua & Zheng, Guoliang & Peng, Ying, 2024. "Industrialization, environmental externality, and climate mitigation strategies," Economic Modelling, Elsevier, vol. 139(C).
    292. Benmir, Ghassane & Roman, Josselin & Taschini, Luca, 2025. "Weitzman meets Taylor: EU allowance price drivers and carbon cap rules," LSE Research Online Documents on Economics 128515, London School of Economics and Political Science, LSE Library.
    293. Gerlagh, Reyer & Kverndokk, Snorre & Rosendahl, Knut Einar, 2014. "The optimal time path of clean energy R&D policy when patents have finite lifetime," Journal of Environmental Economics and Management, Elsevier, vol. 67(1), pages 2-19.
    294. Kuralbayeva, Karlygash, 2018. "Environmental taxation, employment and public spending in developing countries," LSE Research Online Documents on Economics 86378, London School of Economics and Political Science, LSE Library.
    295. Fabio Antoniou & Panos Hatzipanayotou & Nikos Tsakiris, 2023. "Regulatory Stringency and Emission Leakage Mitigation," DEOS Working Papers 2302, Athens University of Economics and Business.
    296. Dietrich, Alexander M. & Leitenbacher, Lukas & Müller, Gernot J., 2026. "Consumer durables, monetary policy, and the green transition," European Economic Review, Elsevier, vol. 182(C).
    297. Pham, Ngoc-Sang, 2023. "Some Lectures on Macroeconomics," MPRA Paper 119643, University Library of Munich, Germany.
    298. Anderson, Evan W. & Brock, William & Sanstad, Alan H., 2016. "Robust Consumption and Energy Decisions," 2017 Allied Social Sciences Association (ASSA) Annual Meeting, January 6-8, 2017, Chicago, Illinois 250117, Agricultural and Applied Economics Association.
    299. Dietz, Simon & Lanz, Bruno, 2025. "Growth and adaptation to climate change in the long run," European Economic Review, Elsevier, vol. 173(C).
    300. Jensen, Svenn & Traeger, Christian P., 2014. "Optimal climate change mitigation under long-term growth uncertainty: Stochastic integrated assessment and analytic findings," European Economic Review, Elsevier, vol. 69(C), pages 104-125.
    301. Julien Daubanes & Pierre Lasserre, 2019. "The supply of non‐renewable resources," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 52(3), pages 1084-1111, August.
    302. Richard S.J. Tol, 2018. "Energy and Climate," Working Paper Series 1618, Department of Economics, University of Sussex Business School.
    303. Iris Staub-Kaminski & Anne Zimmer & Michael Jakob & Robert Marschinski, 2014. "Climate Policy In Practice: A Typology Of Obstacles And Implications For Integrated Assessment Modeling," Climate Change Economics (CCE), World Scientific Publishing Co. Pte. Ltd., vol. 5(01), pages 1-30.
    304. Raouf Boucekkine & Giorgio Fabbri & Salvatore Federico & Fausto Gozzi & Ted Loch-Temzelides & Cristiano Ricci, 2025. "An integral transformation approach to differential games: a climate model application," Papers 2501.01749, arXiv.org.
    305. Brock, William A. & Miller, J. Isaac, 2024. "Polar amplification in a moist energy balance model: A structural econometric approach to estimation and testing," Journal of Econometrics, Elsevier, vol. 245(1).
    306. Fernández-Amador, Octavio & Francois, Joseph F. & Tomberger, Patrick, 2016. "Carbon dioxide emissions and international trade at the turn of the millennium," Ecological Economics, Elsevier, vol. 125(C), pages 14-26.
    307. Döttling, Robin & Rola-Janicka, Magdalena, 2025. "Too Levered for Pigou: Carbon pricing, financial constraints, and leverage regulation," Journal of Financial Economics, Elsevier, vol. 172(C).
    308. Richard S. J. Tol, 2023. "Social cost of carbon estimates have increased over time," Nature Climate Change, Nature, vol. 13(6), pages 532-536, June.
    309. Rick Van der Ploeg & Christoph Hambel & Holger Kraft, 2020. "Asset Pricing and Decarbonization: Diversification versus Climate Action," Economics Series Working Papers 901, University of Oxford, Department of Economics.
    310. Schultes, Anselm & Piontek, Franziska & Soergel, Bjoern & Rogelj, Joeri & Baumstark, Lavinia & Kriegler, Elmar & Edenhofer, Ottmar & Luderer, Gunnar, 2020. "Economic damages from on-going climate change imply deeper near-term emission cuts," MPRA Paper 103655, University Library of Munich, Germany.
    311. Meier, Felix & Quaas, Martin F. & Rickels, Wilfried & Traeger, Christian, 2026. "From gross to net: Carbon dioxide removal in an analytic climate economy," Kiel Working Papers 2313, Kiel Institute for the World Economy.
    312. Guido Traficante, 2025. "Climate Actions, Public Investment and Inflationary Effects in a Small Open Economy," Working and Discussion Papers WP 1/2025, Research Department, National Bank of Slovakia.
    313. Gerlagh, Reyer, 2022. "Climate, Technology, Family Size; on the Crossroad between Two Ultimate Externalities," Other publications TiSEM b6d5b02f-4624-46fd-836a-b, Tilburg University, School of Economics and Management.
    314. Achim Hagen & Gilbert Kollenbach, 2025. "Climate Policies, Investments, and the Role of Elections," CESifo Working Paper Series 12063, CESifo.
    315. Sareh Vosooghi & Maria Arvaniti & Frederick Van Der Ploeg, 2022. "Self-enforcing climate coalitions for farsighted countries: integrated analysis of heterogeneous countries," Economics Series Working Papers 971, University of Oxford, Department of Economics.
    316. G'eraldine Bouveret & Jean-Franc{c}ois Chassagneux & Smail Ibbou & Antoine Jacquier & Lionel Sopgoui, 2023. "Propagation of a carbon price in a credit portfolio through macroeconomic factors," Papers 2307.12695, arXiv.org, revised Apr 2024.
    317. Feindt, Simon & Kornek, Ulrike & Labeaga, José M. & Sterner, Thomas & Ward, Hauke, 2021. "Understanding regressivity: Challenges and opportunities of European carbon pricing," Energy Economics, Elsevier, vol. 103(C).
    318. Toan Phan & Felipe Schwartzman, 2023. "Climate Defaults and Financial Adaptation," Working Paper 23-06, Federal Reserve Bank of Richmond.
    319. Ross McKitrick & Jamie Lee, 2016. "Forming a Majority Coalition for Carbon Taxes Under a State-Contingent Updating Rule," Working Papers 1610, University of Guelph, Department of Economics and Finance.
    320. John Hassler & Per Krusell, 2012. "Economics and Climate Change: Integrated Assessment in a Multi-Region World," NBER Working Papers 17757, National Bureau of Economic Research, Inc.
    321. Hart, Rob, 2020. "Growth, pollution, policy!," European Economic Review, Elsevier, vol. 126(C).
    322. Carolyn Fischer & Garth Heutel, 2013. "Environmental Macroeconomics: Environmental Policy, Business Cycles, and Directed Technical Change," UNCG Economics Working Papers 13-2, University of North Carolina at Greensboro, Department of Economics.
    323. Amigues, Jean-Pierre & Moreaux, Michel, 2018. "Competing Land Uses and Fossil Fuel, Optimal Energy Conversion Rates During the Transition Toward a Green Economy Under a Pollution Stock Constraint," TSE Working Papers 18-981, Toulouse School of Economics (TSE).
    324. Lintunen, Jussi & Vilmi, Lauri, 2013. "On optimal emission control: Taxes, substitution and business cycles," Bank of Finland Research Discussion Papers 24/2013, Bank of Finland.
    325. Christos Karydas & Anastasios Xepapadeas, 2019. "Climate change risks: pricing and portfolio allocation," CER-ETH Economics working paper series 19/327, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
    326. Hansen, Lars Peter, 2022. "Central banking challenges posed by uncertain climate change and natural disasters," Journal of Monetary Economics, Elsevier, vol. 125(C), pages 1-15.
    327. Gerlagh, Reyer, 2023. "Climate, technology, family size; on the crossroad between two ultimate externalities," European Economic Review, Elsevier, vol. 152(C).
    328. Hinterlang, Natascha & Martin, Anika & Röhe, Oke & Stähler, Nikolai & Strobel, Johannes, 2022. "Using energy and emissions taxation to finance labor tax reductions in a multi-sector economy," Energy Economics, Elsevier, vol. 115(C).
    329. Heinisch, Katja & Holtemöller, Oliver & Schult, Christoph, 2021. "Power generation and structural change: Quantifying economic effects of the coal phase-out in Germany," Energy Economics, Elsevier, vol. 95(C).
    330. Carolyn Chisadza & Matthew Clance & Xin Sheng & Rangan Gupta, 2023. "Climate Change and Inequality: Evidence from the United States," Sustainability, MDPI, vol. 15(6), pages 1-11, March.
    331. Garcia-Villegas, Salomon & Martorell, Enric, 2024. "Climate transition risk and the role of bank capital requirements," Economic Modelling, Elsevier, vol. 135(C).
    332. Xu, Hui & Deng, Huai, 2024. "Short-term impact of climate change on labor market in China: Quantitative spatial analysis based on an oligopsony model," China Economic Review, Elsevier, vol. 84(C).
    333. Cui, Jingbo & Ji, Yongjie, 2011. "The Environment, Trade and Innovation with Heterogeneous Firms: A Numerical Analysis," 2011 Annual Meeting, July 24-26, 2011, Pittsburgh, Pennsylvania 103478, Agricultural and Applied Economics Association.
    334. Annicchiarico, Barbara & Correani, Luca & Di Dio, Fabio, 2018. "Environmental policy and endogenous market structure," Resource and Energy Economics, Elsevier, vol. 52(C), pages 186-215.
    335. Nong, Duy, 2018. "General equilibrium economy-wide impacts of the increased energy taxes in Vietnam," Energy Policy, Elsevier, vol. 123(C), pages 471-481.
    336. Mardones, Cristian & García, Catalina, 2020. "Effectiveness of CO2 taxes on thermoelectric power plants and industrial plants," Energy, Elsevier, vol. 206(C).
    337. Karine Constant & Marion Davin, 2019. "Unequal Vulnerability to Climate Change and the Transmission of Adverse Effects Through International Trade," Post-Print hal-04215353, HAL.
    338. Blazquez, Jorge & Galeotti, Marzio & Manzano, Baltasar & Pierru, Axel & Pradhan, Shreekar, 2021. "Effects of Saudi Arabia’s economic reforms: Insights from a DSGE model," Economic Modelling, Elsevier, vol. 95(C), pages 145-169.
    339. Böhringer, Christoph & Helm, Carsten & Schürer, Laura, 2025. "How to boost countries’ climate ambitions: Turning gains from emissions trading into gains for climate," Journal of Environmental Economics and Management, Elsevier, vol. 133(C).
    340. Elettra Agliardi & Anastasios Xepapadeas, 2018. "Optimal Scheduling of Greenhouse Gas Emissions under Carbon Budgeting and Policy Design," DEOS Working Papers 1808, Athens University of Economics and Business.
    341. Frederick van der Ploeg & Armon Rezai & Rick van der Ploeg, 2026. "Climate Change, Climate Policy, and the Macroeconomy," CESifo Working Paper Series 12480, CESifo.
    342. Rodrigo Harrison & Roger Lagunoff, 2013. "Dynamic Mechanism Design for a Global Commons," Documentos de Trabajo 442, Instituto de Economia. Pontificia Universidad Católica de Chile..
    343. Dietz, Simon & Venmans, Frank, 2019. "Cumulative carbon emissions and economic policy: in search of general principles," LSE Research Online Documents on Economics 100733, London School of Economics and Political Science, LSE Library.
    344. Tom Krebs, 2023. "Modern Climate Policy: Moving beyond the market-liberal paradigm," Working Papers 1, Forum New Economy.
    345. Aneli Bongers & Cesar Ortiz & Jose L. Torres, 2024. "DISE: A Dynamic Integrated Space Economy Model for Orbital Debris Mitigation Policy Evaluation," Space Economics Working Papers 03-2024, Institute for Space Economics, revised Sep 2024.
    346. Gabriel Rodriguez-Rondon & Jean-Marie Dufour, 2024. "MSTest: An R-Package for Testing Markov Switching Models," Papers 2411.08188, arXiv.org.
    347. Bretschger, Lucas & Grieg, Elise, 2024. "Carbon taxes, CO2 emissions, and the economy: The effects of fuel taxation in the UK," Energy Policy, Elsevier, vol. 195(C).
    348. López, Ramón E. & Yoon, Sang W., 2014. "Environmental Sustainability with a Pollution Tax," Working Papers 166244, University of Maryland, Department of Agricultural and Resource Economics.
    349. Chiu Yu Ko & Bo Shen & Xuyao Zhang, 2023. "Can corruption encourage clean technology transfer?," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 25(3), pages 459-492, June.
    350. Bernardino Adão & Borghan Narajabad, 2021. "Scrapping, Renewable Technology Adoption, and Growth," Working Papers w202111, Banco de Portugal, Economics and Research Department.
    351. Christoph Hambel & Holger Kraft & Frederick van der Ploeg, 2024. "Asset Diversification Versus Climate Action," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 65(3), pages 1323-1355, August.
    352. Habla, Wolfgang, 2018. "Climate policy under factor mobility: A (differentiated) case for capital taxation," Journal of Environmental Economics and Management, Elsevier, vol. 92(C), pages 100-124.
    353. Thomas Allen & Stéphane Dées & Carlos Mateo Caicedo Graciano & Laurent Clerc & Annabelle de Gaye & Noëmie Lisack & Fulvio Pegoraro & Marie Rabaté, 2026. "An analytical framework for assessing climate transition risks: an application to France," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 162(1), pages 183-239, February.
    354. Thomas D. Jeitschko & Pallavi Pal, 2021. "Curbing Price Fluctuations in Cap-and-Trade Auctions," CESifo Working Paper Series 9266, CESifo.
    355. López, Lucia & Odendahl, Florens & Párraga Rodríguez, Susana & Silgado-Gómez, Edgar, 2026. "The pass-through to inflation of gas price shocks," Journal of Economic Dynamics and Control, Elsevier, vol. 182(C).
    356. Jin, Wei & van der Ploeg, Frederick & Zhang, Lin, 2024. "How clean capital slows down disinvestment of carbon-intensive capital in the low-carbon transition," Journal of Economic Dynamics and Control, Elsevier, vol. 162(C).
    357. Jean-Pierre Amigues & Michel Moreaux, 2016. "From Primary Resources to Useful Energy: The Pollution Ceiling Efficiency Paradox," Working Papers 2016.10, FAERE - French Association of Environmental and Resource Economists.
    358. Adão, Bernardino & Narajabad, Borghan & Temzelides, Ted, 2024. "Renewable technology adoption costs and economic growth," Energy Economics, Elsevier, vol. 129(C).
    359. Brock, William A. & Engström, Gustav & Grass, Dieter & Xepapadeas, Anastasios, 2013. "Energy balance climate models and general equilibrium optimal mitigation policies," Journal of Economic Dynamics and Control, Elsevier, vol. 37(12), pages 2371-2396.
    360. Nicoletta Batini & Luigi Durand, 2024. "Accounting for Nature in Economic Models," Working Papers Central Bank of Chile 1014, Central Bank of Chile.
    361. Dietz, Simon & Gollier, Christian & Kessler, Louise, 2018. "The climate beta," LSE Research Online Documents on Economics 83605, London School of Economics and Political Science, LSE Library.
    362. Lintunen, Jussi & Kuusela, Olli-Pekka, 2018. "Business cycles and emission trading with banking," European Economic Review, Elsevier, vol. 101(C), pages 397-417.
    363. Frederick Van der Ploeg & Cees Withagen, 2011. "Optimal Carbon Tax with a Dirty Backstop - Oil, Coal, or Renewables?," CESifo Working Paper Series 3334, CESifo.
    364. Annicchiarico, Barbara & Battles, Susan & Di Dio, Fabio & Molina, Pierfrancesco & Zoppoli, Pietro, 2017. "GHG mitigation schemes and energy policies: A model-based assessment for the Italian economy," Economic Modelling, Elsevier, vol. 61(C), pages 495-509.
    365. William Brock & Gustav Engstrom & Anastasios Xepapadeas, 2012. "Energy Balance Climate Models and the Spatial Structure of Optimal Mitigation Policies," Working Papers 2012.05, Fondazione Eni Enrico Mattei.
    366. Eriksson, Clas, 2018. "Phasing out a polluting input in a growth model with directed technological change," Economic Modelling, Elsevier, vol. 68(C), pages 461-474.
    367. Prudence Dato, 2015. "Energy transition under irreversibility: a two-sector approach," Working Papers halshs-01172146, HAL.
    368. Tarek Atallah & Jorge Blazquez, 2015. "Quantifying the impact of coal on global economic growth and energy productivity in the early 21st century," ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT, FrancoAngeli Editore, vol. 2015(2), pages 93-106.
    369. Hochmuth, Philipp & Krusell, Per & Mitman, Kurt, 2025. "Distributional Consequences of Becoming Climate-Neutral," IZA Discussion Papers 17861, IZA Network @ LISER.
    370. Gregor Schwerhoff & Martin Stuermer, 2015. "Non-renewable resources, extraction technology, and endogenous growth," Working Papers 1506, Federal Reserve Bank of Dallas.
    371. Jacob LaRiviere & David Kling & James N Sanchirico & Charles Sims & Michael Springborn, 2018. "The Treatment of Uncertainty and Learning in the Economics of Natural Resource and Environmental Management," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 12(1), pages 92-112.
    372. Larry Karp & Hiroaki Sakamoto, 2018. "International environmental agreements without commitment," 2018 Meeting Papers 508, Society for Economic Dynamics.
    373. Drudi, Francesco & Moench, Emanuel & Holthausen, Cornelia & Weber, Pierre-François & Ferrucci, Gianluigi & Setzer, Ralph & Adao, Bernardino & Dées, Stéphane & Alogoskoufis, Spyros & Téllez, Mar Delgad, 2021. "Climate change and monetary policy in the euro area," Occasional Paper Series 271, European Central Bank.
    374. Grubb, Michael & Lange, Rutger-Jan & Cerkez, Nicolas & Sognnaes, Ida & Wieners, Claudia & Salas, Pablo, 2024. "Dynamic determinants of optimal global climate policy," Structural Change and Economic Dynamics, Elsevier, vol. 71(C), pages 490-508.
    375. Lars Calmfors & Giancarlo Corsetti & John Hassler & Gilles Saint-Paul & Hans-Werner Sinn & Jan-Egbert Sturm & Ákos Valentinyi & Xavier Vives, 2012. "Chapter 6: Pricing Climate Change," EEAG Report on the European Economy, CESifo, vol. 0, pages 131-145, February.
    376. Schroyen, Fred & Durmaz, Tunc, 2013. "Evaluating Carbon Capture and Storage in a Climate Model with Endogenous Technical Change," Discussion Paper Series in Economics 22/2019, Norwegian School of Economics, Department of Economics, revised 16 Oct 2019.
    377. Meng, Weizhen & Chen, Tuyue & Yang, Jinqiang, 2025. "The economic and policy consequences of carbon emissions," Journal of Mathematical Economics, Elsevier, vol. 117(C).
    378. Baldwin, Elizabeth & Cai, Yongyang & Kuralbayeva, Karlygash, 2020. "To build or not to build? Capital stocks and climate policy∗," Journal of Environmental Economics and Management, Elsevier, vol. 100(C).
    379. Carlos Pretel & Pedro Linares, 2021. "How Much Should We Spend to Fight against Climate Change? The Value of Backstop Technologies in a Simplified Model," Energies, MDPI, vol. 14(22), pages 1-11, November.
    380. Roach, Travis, 2015. "Hidden regimes and the demand for carbon dioxide from motor-gasoline," Energy Economics, Elsevier, vol. 52(PB), pages 306-315.
    381. Hambel, Christoph & van der Ploeg, Frederick, 2025. "Policy transition risk, carbon premiums, and asset prices," Journal of Monetary Economics, Elsevier, vol. 152(C).
    382. Bretschger, Lucas, 2025. "Nature and the ultimate resource: Sustainability with poor input substitution," Journal of Environmental Economics and Management, Elsevier, vol. 133(C).
    383. Priftis, Romanos & Schoenle, Raphael, 2025. "Fiscal and macroprudential policies during an energy crisis," Working Paper Series 3032, European Central Bank.
    384. Yoosoon Chang & J. Isaac Miller & Joon K. Park, 2024. "Shocking Climate: Identifying Economic Damages from Anthropogenic and Natural Climate Change," CAEPR Working Papers 2024-007 Classification-E, Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington.
    385. Laurence J. Kotlikoff & Felix Kubler & Andrey Polbin & Jeffrey D. Sachs & Simon Scheidegger, 2019. "Making Carbon Taxation A Generational Win Win," Boston University - Department of Economics - Working Papers Series WP2020-002, Boston University - Department of Economics.
    386. Rick van der Ploeg, 2017. "The Safe Carbon Budget," CESifo Working Paper Series 6620, CESifo.
    387. Luigi Bonatti & Lorenza Alexandra Lorenzetti, 2022. "Public Policies and Long-Run Growth in a Model with Environmental Degradation," CESifo Working Paper Series 9539, CESifo.
    388. Ahn, Kwangwon & Chu, Zhuang & Lee, Daeyong, 2021. "Effects of renewable energy use in the energy mix on social welfare," Energy Economics, Elsevier, vol. 96(C).
    389. Elisa Belfiori & Daniel R. Carroll & Sewon Hur, 2024. "Unequal Climate Policy in an Unequal World," Globalization Institute Working Papers 427, Federal Reserve Bank of Dallas, revised 02 Feb 2026.
    390. Charles F. Mason & Neil Wilmot, 2015. "Modeling Damages in Climate Policy Models: Temperature-Based or Carbon-Based?," CESifo Working Paper Series 5287, CESifo.
    391. Gourdel, Régis & Monasterolo, Irene & Dunz, Nepomuk & Mazzocchetti, Andrea & Parisi, Laura, 2024. "The double materiality of climate physical and transition risks in the euro area," Journal of Financial Stability, Elsevier, vol. 71(C).
    392. Yixiao Tan & Dimitrios P. Tsomocos & Xuan Wang, 2025. "Climate change monetary policy and price stability in South Africa," Working Papers 11089, South African Reserve Bank.
    393. Frankovic, Ivan, 2024. "How do carbon prices spill over along global supply chains? The impact on Europe and Germany," Journal of Policy Modeling, Elsevier, vol. 46(5), pages 887-907.
    394. van der Ploeg, Frederick & ,, 2018. "Pricing Carbon Under Economic and Climactic Risks: Leading-Order Results from Asymptotic Analysis," CEPR Discussion Papers 12642, C.E.P.R. Discussion Papers.
    395. Barbara Annicchiarico & Fabio Di Dio & Francesca Diluiso, 2022. "Climate Actions, Market Beliefs and Monetary Policy," CEIS Research Paper 535, Tor Vergata University, CEIS, revised 25 Mar 2022.
    396. Armon Rezai & Frederick van der Ploeg & Cees Withagen, 2012. "The Optimal Carbon Tax and Economic Growth: Additive versus Multiplicative Damages," CEEES Paper Series CE3S-05/12, European University at St. Petersburg, Department of Economics.
    397. Janos Varga & Werner Roeger & Jan in ’t Veld, 2021. "E-QUEST – A Multi-Region Sectoral Dynamic General Equilibrium Model with Energy Model Description and Applications to Reach the EU Climate Targets," European Economy - Discussion Papers 146, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    398. van den Bijgaart, Inge & Gerlagh, Reyer & Liski, Matti, 2016. "A simple formula for the social cost of carbon," Journal of Environmental Economics and Management, Elsevier, vol. 77(C), pages 75-94.
    399. Borissov, Kirill & Bretschger, Lucas, 2022. "Optimal carbon policies in a dynamic heterogeneous world," European Economic Review, Elsevier, vol. 148(C).
    400. Ara Jo & Christos Karydas, 2023. "Firm Heterogeneity, Industry Dynamics and Climate Policy," CER-ETH Economics working paper series 23/378, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
    401. Meinerding, Christoph & Schüler, Yves S. & Zhang, Philipp, 2023. "Shocks to transition risk," Discussion Papers 04/2023, Deutsche Bundesbank.
    402. Ikefuji, Masako & Ono, Yoshiyasu, 2024. "Environmental policies and stagnation in a two-country economy," Economic Modelling, Elsevier, vol. 141(C).
    403. Hambel, Christoph & Kraft, Holger & Schwartz, Eduardo, 2021. "The social cost of carbon in a non-cooperative world," Journal of International Economics, Elsevier, vol. 131(C).
    404. Iverson, Terrence, 2012. "Optimal Carbon Taxes with Non-Constant Time Preference," MPRA Paper 43264, University Library of Munich, Germany.
    405. Eydam, Ulrich & Diluiso, Francesca, 2022. "How to Redistribute the Revenues from Climate Policy? A Dynamic Perspective with Heterogeneous Households," VfS Annual Conference 2022 (Basel): Big Data in Economics 264076, Verein für Socialpolitik / German Economic Association.
    406. Richard Jaimes, 2023. "Optimal climate and fiscal policy in an OLG economy," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 25(4), pages 727-752, August.
    407. Hillebrand, Elmar & Hillebrand, Marten, 2019. "Optimal climate policies in a dynamic multi-country equilibrium model," Journal of Economic Theory, Elsevier, vol. 179(C), pages 200-239.
    408. Lang, Ghislaine & Lanz, Bruno, 2022. "Climate policy without a price signal: Evidence on the implicit carbon price of energy efficiency in buildings," Journal of Environmental Economics and Management, Elsevier, vol. 111(C).
    409. Hinterlang, Natascha & Martin, Anika & Röhe, Oke & Stähler, Nikolai & Strobel, Johannes, 2021. "Using energy and emissions taxation to finance labor tax reductions in a multi-sector economy: An assessment with EMuSe," Discussion Papers 50/2021, Deutsche Bundesbank.
    410. Katinka Holtsmark & Katinka Kristine Holtsmark, 2024. "Can Revenue Recycling Kill Green Technology?," CESifo Working Paper Series 11510, CESifo.
    411. Amigues, Jean-Pierre & Moreaux, Michel, 2016. "Pollution Abatement v.s. Energy Efficiency Improvements," TSE Working Papers 16-626, Toulouse School of Economics (TSE).
    412. Rodrigo Harrison & Roger Lagunoff, 2015. "Tipping Points and Business-as-Usual in a Global Carbon Commons," Working Papers gueconwpa~15-15-01, Georgetown University, Department of Economics, revised 12 Jul 2015.
    413. Kuralbayeva, Karlygash, 2018. "Unemployment, rural-urban migration and environmental regulation," LSE Research Online Documents on Economics 76561, London School of Economics and Political Science, LSE Library.
    414. Quaas, Martin F. & Bröcker, Johannes, 2016. "Substitutability and the social cost of carbon in a solvable growth model with irreversible climate change," Economics Working Papers 2016-09, Christian-Albrechts-University of Kiel, Department of Economics.
    415. Reyer Gerlagh & Roweno J.R.K. Wan, 2018. "Optimal Stabilization in an Emission Permits Market," CESifo Working Paper Series 6950, CESifo.
    416. Lucas Bretschger, 2026. "Cold War on a Warming Planet: Climate Policy in a Divided World," CESifo Working Paper Series 12438, CESifo.
    417. Harrison Hong & Neng Wang & Jinqiang Yang, 2020. "Mitigating Disaster Risks in the Age of Climate Change," NBER Working Papers 27066, National Bureau of Economic Research, Inc.
    418. Yu Yan & Yiming Lei & Yuyang Tang & Xufeng Zhao, 2023. "Ineffectiveness of carbon cap-and-trade market," Energy & Environment, , vol. 34(7), pages 2317-2342, November.
    419. Nesje, Frikk & Asheim, Geir, 2016. "Intergenerational altruism: A solution to the climate problem?," Memorandum 09/2016, Oslo University, Department of Economics.
    420. Frankovic, Ivan & Kolb, Benedikt, 2024. "The role of emission disclosure for the low-carbon transition," European Economic Review, Elsevier, vol. 167(C).
    421. Per Krusell & Tony Smith, 2022. "Climate Change Around the World," Cowles Foundation Discussion Papers 2342, Cowles Foundation for Research in Economics, Yale University.
    422. Celso Brunetti & John Caramichael & Matteo Crosignani & Benjamin Dennis & Gurubala Kotta & Donald P. Morgan & Chaehee Shin & Ilknur Zer, 2022. "Climate-related Financial Stability Risks for the United States: Methods and Applications," Finance and Economics Discussion Series 2022-043, Board of Governors of the Federal Reserve System (U.S.).
    423. Frederick Van der Ploeg & Armon Rezai, 2016. "Stranded Assets, the Social Cost of Carbon, and Directed Technical Change: Macroeconomic Dynamics of Optimal Climate Policy," CESifo Working Paper Series 5787, CESifo.
    424. Shuichi Tsugawa, 2024. "Optimal redistributive policy under disaster risk: self-protection, social mitigation and social adaptation," Working Papers e203, Tokyo Center for Economic Research.
    425. Saraly Andrade de Sa & Julien Daubanes, 2014. "Limit-Pricing and the (Un)Effectiveness of the Carbon Tax," Working Papers 2014.07, FAERE - French Association of Environmental and Resource Economists.
    426. Reyer Gerlagh & Etienne Lorang, 2024. "Material Source and Waste Taxes in Competitive Equilibrium," CESifo Working Paper Series 11091, CESifo.
    427. Sheldon, Tamara L., 2017. "Asymmetric effects of the business cycle on carbon dioxide emissions," Energy Economics, Elsevier, vol. 61(C), pages 289-297.
    428. Hillebrand, Elmar & Hillebrand, Marten, 2024. "The Global Water Cycle and Climate Policies in a General Equilibrium Model," VfS Annual Conference 2024 (Berlin): Upcoming Labor Market Challenges 302343, Verein für Socialpolitik / German Economic Association.
    429. Moreaux, Michel & Amigues, Jean-Pierre & van der Meijden, Gerard & Withagen, Cees, 2024. "Carbon capture: Storage vs. Utilization," Journal of Environmental Economics and Management, Elsevier, vol. 125(C).
    430. Corbier, Darius & Gonand, Frédéric, 2024. "A hybrid electricity-economy model to assess the aggregate impacts of low-carbon transition: An application to France," Ecological Economics, Elsevier, vol. 216(C).
    431. Chen, An & Gerick, Leonard & Jin, Zhuo, 2025. "Optimizing portfolios under carbon risk constraints: Setting effective constraints to favor green investments," Energy Economics, Elsevier, vol. 148(C).
    432. Harstad, Bård & Lancia, Francesco & Russo, Alessia, 2022. "Prices vs. quantities for self-enforcing agreements," Journal of Environmental Economics and Management, Elsevier, vol. 111(C).
    433. Catalano,Michele & Forni,Lorenzo, 2022. "Fiscal Policies for a Sustainable Recovery and a Green Transformation," Policy Research Working Paper Series 9799, The World Bank.
    434. Alex Schmitt, 2018. "Optimal Carbon Pricing and Income Taxation Without Commitment," ifo Working Paper Series 274, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
    435. Jia, Ruixue & Ma, Xiao & Xie, Victoria Wenxin, 2022. "Expecting Floods: Firm Entry, Employment, and Aggregate Implications," MPRA Paper 112367, University Library of Munich, Germany.
    436. Deng, Huai & Wu, Xianhua & Xu, Hui & Wu, You & Liang, Xin-Zhong, 2025. "Quantifying aggregated economic damages from “fat-tail” extremes high-temperature events in climate change," Structural Change and Economic Dynamics, Elsevier, vol. 75(C), pages 108-121.
    437. Richard Jaimes, 2021. "Does idiosyncratic risk matter for climate policy?," Vniversitas Económica, Universidad Javeriana - Bogotá, vol. 0(0), pages 1-30.
    438. Bretschger, Lucas, 2024. "Energy transition and climate change abatement: A macroeconomic analysis," Resource and Energy Economics, Elsevier, vol. 76(C).
    439. Cristian Mardones P. & Tamara Muñoz Z., 2017. "Impuesto al CO2 en el sector eléctrico chileno: efectividad y efectos macroeconómicos," Journal Economía Chilena (The Chilean Economy), Central Bank of Chile, vol. 20(1), pages 004-025, April.
    440. van der Ploeg, Frederick & Rezai, Armon, 2014. "Abandoning Fossil Fuel: How Fast And How Much?," CEPR Discussion Papers 9921, C.E.P.R. Discussion Papers.
    441. Barreto, Raul A., 2018. "Fossil fuels, alternative energy and economic growth," Economic Modelling, Elsevier, vol. 75(C), pages 196-220.
    442. René Carmona, 2022. "The influence of economic research on financial mathematics: Evidence from the last 25 years," Finance and Stochastics, Springer, vol. 26(1), pages 85-101, January.
    443. Brock, W. & Xepapadeas, A., 2017. "Climate change policy under polar amplification," European Economic Review, Elsevier, vol. 99(C), pages 93-112.
    444. Stolbova, Veronika & Monasterolo, Irene & Battiston, Stefano, 2018. "A Financial Macro-Network Approach to Climate Policy Evaluation," Ecological Economics, Elsevier, vol. 149(C), pages 239-253.
    445. Gallic, Ewen & Vermandel, Gauthier, 2020. "Weather shocks," European Economic Review, Elsevier, vol. 124(C).
    446. Wiskich, Anthony, 2024. "A carbon tax versus clean subsidies: Optimal and suboptimal policies for the clean transition," Energy Economics, Elsevier, vol. 132(C).
    447. Dissou, Yazid & Karnizova, Lilia, 2016. "Emissions cap or emissions tax? A multi-sector business cycle analysis," Journal of Environmental Economics and Management, Elsevier, vol. 79(C), pages 169-188.
    448. Oei, Pao-Yu & Hermann, Hauke & Herpich, Philipp & Holtemöller, Oliver & Lünenbürger, Benjamin & Schult, Christoph, 2020. "Coal phase-out in Germany – Implications and policies for affected regions," Energy, Elsevier, vol. 196(C).
    449. Tol, Richard S.J., 2025. "Meta-emulation: An application to the social cost of carbon," Energy Economics, Elsevier, vol. 152(C).
    450. Florian Habermacher, 2015. "Carbon Leakage: A Medium- and Long-Term View," CESifo Working Paper Series 5216, CESifo.
    451. Iverson , Terrence & Karp, Larry, 2017. "Carbon taxes and climate commitment with non-constant time preference," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt3hw6s14v, Department of Agricultural & Resource Economics, UC Berkeley.
    452. Sen, Suphi & Vollebergh, Herman, 2018. "The effectiveness of taxing the carbon content of energy consumption," Journal of Environmental Economics and Management, Elsevier, vol. 92(C), pages 74-99.
    453. Frederick van der Ploeg & Cees Withagen, 2015. "Global Warming and the Green Paradox: A Review of Adverse Effects of Climate Policies," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 9(2), pages 285-303.
    454. Karp, Larry & Traeger, Christian, 2024. "Taxes versus quantities reassessed," Journal of Environmental Economics and Management, Elsevier, vol. 125(C).
    455. Anderson, Evan W. & Brock, William, 2021. "Logarithmic depreciation," Economic Modelling, Elsevier, vol. 101(C).
    456. Billette de Villemeur, Etienne & Leroux, Justin, 2016. "A liability approach to climate policy: A thought experiment," MPRA Paper 75497, University Library of Munich, Germany.
    457. George Economides & Anastasios Xepapadeas, 2025. "Monetary policy stabilization in a new Keynesian model under climate change," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 56, April.
    458. Anelí Bongers, 2020. "Energy mix, technological change, and the environment," Working Papers 2020-05, Universidad de Málaga, Department of Economic Theory, Málaga Economic Theory Research Center.
    459. Marrero, Gustavo A. & Puch, Luis A. & Ramos-Real, Francisco J., 2015. "Mean-variance portfolio methods for energy policy risk management," International Review of Economics & Finance, Elsevier, vol. 40(C), pages 246-264.
    460. Cristiano Cantore & Giovanni Di Bartolomeo & Francesco Saverio Gaudio, 2025. "The Unequal Costs of Pollution: Carbon Tax, Inequality, and Redistribution," Papers 2503.00142, arXiv.org.
    461. Giovanardi, Francesco & Kaldorf, Matthias, 2025. "Pro-cyclical emissions, real externalities, and optimal monetary policy," European Economic Review, Elsevier, vol. 179(C).
    462. Gerlagh, Reyer, 2017. "Generous Sustainability," Ecological Economics, Elsevier, vol. 136(C), pages 94-100.
    463. Atalla, Tarek & Blazquez, Jorge & Hunt, Lester C. & Manzano, Baltasar, 2017. "Prices versus policy: An analysis of the drivers of the primary fossil fuel mix," Energy Policy, Elsevier, vol. 106(C), pages 536-546.
    464. , & Gonzalez-Eiras, Martin, 2012. "Economic and Politico-Economic Equivalence," CEPR Discussion Papers 9203, C.E.P.R. Discussion Papers.
    465. Matsumura, Kohei & Naka, Tomomi & Sudo, Nao, 2024. "Analysis of the transmission of carbon taxes using a multi-sector DSGE," Energy Economics, Elsevier, vol. 136(C).
    466. Bartocci, Anna & Notarpietro, Alessandro & Pisani, Massimiliano, 2024. "“Green” fiscal policy measures and nonstandard monetary policy in the euro area," Economic Modelling, Elsevier, vol. 136(C).
    467. Arnaud Goussebaïle, 2022. "Democratic Climate Policies with Overlapping Generations," CER-ETH Economics working paper series 22/374, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
    468. Fischer, Carolyn & Salant, Stephen, 2012. "Alternative Climate Policies and Intertemporal Emissions Leakage: Quantifying the Green Paradox," RFF Working Paper Series dp-12-16, Resources for the Future.
    469. Méjean, Aurélie & Pottier, Antonin & Zuber, Stéphane & Fleurbaey, Marc, 2023. "Opposite ethical views converge under the threat of catastrophic climate change," Ecological Economics, Elsevier, vol. 212(C).
    470. Reyer Gerlagh & Roweno J.R.K. Heijmans & Knut Einar Rosendahl, 2019. "Endogenous Emission Caps Always Induce a Green Paradox," CESifo Working Paper Series 7862, CESifo.
    471. Alessandro Ferrari & Valerio Nispi Landi, 2025. "Will the Green Transition be Inflationary? Expectations Matter," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 73(4), pages 1195-1258, December.
    472. Hassler, J. & Krusell, P. & Smith, A.A., 2016. "Environmental Macroeconomics," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 1893-2008, Elsevier.
    473. Rising, James A. & Taylor, Charlotte & Ives, Matthew C. & Ward, Robert E.t., 2022. "Challenges and innovations in the economic evaluation of the risks of climate change," LSE Research Online Documents on Economics 114941, London School of Economics and Political Science, LSE Library.
    474. Francesco Giovanardi & Matthias Kaldorf & Lucas Radke & Florian Wicknig, 2023. "The Preferential Treatment of Green Bonds," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 51, pages 657-676, December.
    475. Casey, Gregory & Fried, Stephie & Gibson, Matthew, 2024. "Understanding climate damages: Consumption versus investment," European Economic Review, Elsevier, vol. 167(C).
    476. Hart, Rob & Gars, Johan, 2022. "The black paradox," European Economic Review, Elsevier, vol. 148(C).
    477. van der Ploeg, Frederick & Withagen, Cees, 2012. "Too much coal, too little oil," Journal of Public Economics, Elsevier, vol. 96(1), pages 62-77.
    478. Zaili Zhen & Lixin Tian, 2020. "The impact of climate damage function on the social cost of carbon and economic growth rate," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 25(7), pages 1287-1304, October.
    479. Rick Van der Ploeg & Armon Rezai & Cees Withagen, 2012. "Economic Growth and the Social Cost of Carbon: Additive versus Multiplicative Damages," OxCarre Working Papers 093, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
    480. Cristian Espinosa & Jorge Fornero, 2014. "Welfare Analysis of an Optimal Carbon Tax in Chile," Revista de Analisis Economico – Economic Analysis Review, Universidad Alberto Hurtado/School of Economics and Business, vol. 29(2), pages 75-111, October.
    481. Acevedo, Giancarlo & Bernales, Alejandro & Flores, Andrés & Inzunza, Andrés & Moreno, Rodrigo, 2021. "The effect of environmental policies on risk reductions in energy generation," Journal of Economic Dynamics and Control, Elsevier, vol. 126(C).
    482. Shin-ichi Fukuda & Akio Ino, 2026. "Fiscal Sustainability of Transition Finance: Implications for the GX Economy Transition Bonds in Japan," CIRJE F-Series CIRJE-F-1268, CIRJE, Faculty of Economics, University of Tokyo.
    483. Deng, Huai & Wu, Xianhua & Xu, Hui & Zhang, Dawei, 2024. "Aggregated economic damages and the role of dynamic carbon tax under climate change: A dynamic general equilibrium model," Economic Analysis and Policy, Elsevier, vol. 84(C), pages 1099-1119.
    484. Nickel, Christiane & Kilponen, Juha & Moral-Benito, Enrique & Koester, Gerrit & Ciccarelli, Matteo & Enders, Almira & Holton, Sarah & Landau, Bettina & Venditti, Fabrizio & Bobeica, Elena & Brand, Cla, 2025. "A strategic view on the economic and inflation environment in the euro area," Occasional Paper Series 371, European Central Bank.
    485. Chazel, Simon & Bernard, Sophie & Benchekroun, Hassan, 2023. "Energy transition under mineral constraints and recycling: A low-carbon supply peak," Resource and Energy Economics, Elsevier, vol. 72(C).
    486. Eichner, Thomas & Kollenbach, Gilbert, 2022. "Environmental agreements, research and technological spillovers," European Journal of Operational Research, Elsevier, vol. 300(1), pages 366-377.
    487. Richard S. J. Tol, 2021. "Estimates of the social cost of carbon have increased over time," Papers 2105.03656, arXiv.org, revised Aug 2022.
    488. VARDAR, N. Baris, 2014. "Optimal energy transition and taxation of non-renewable resources," LIDAM Discussion Papers CORE 2014021, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    489. Michael Donadelli & Marcus Jüppner & Antonio Paradiso & Christian Schlag, 2021. "Computing Macro-Effects and Welfare Costs of Temperature Volatility: A Structural Approach," Computational Economics, Springer;Society for Computational Economics, vol. 58(2), pages 347-394, August.
    490. Eric Jondeau & Grégory Levieuge & Jean-Guillaume Sahuc & Gauthier Vermandel, 2022. "Environmental Subsidies to Mitigate Transition risk," EconomiX Working Papers 2022-21, University of Paris Nanterre, EconomiX.
    491. Miftakhova, Alena, 2021. "Global sensitivity analysis for optimal climate policies: Finding what truly matters," Economic Modelling, Elsevier, vol. 105(C).
    492. Kubler, Felix, 2025. "Incomplete financial markets, the social cost of carbon and constrained efficient carbon pricing," Journal of Economic Theory, Elsevier, vol. 230(C).
    493. Pablo Garcia Sanchez, 2024. "(Un-)sustainable Investment," BCL working papers 187, Central Bank of Luxembourg.
    494. Chen, Chuanqi & Pan, Dongyang & Huang, Zhigang & Bleischwitz, Raimund, 2021. "Engaging central banks in climate change? The mix of monetary and climate policy," Energy Economics, Elsevier, vol. 103(C).
    495. Kou, Mingting & Zhang, Menglin & Yang, Yuanqi & Shao, Hanqing, 2024. "Energy finance research: What happens beneath the literature?," International Review of Financial Analysis, Elsevier, vol. 95(PB).
    496. Hong, Harrison & Li, Frank Weikai & Xu, Jiangmin, 2019. "Climate risks and market efficiency," Journal of Econometrics, Elsevier, vol. 208(1), pages 265-281.

  29. Mikhail Golosov & Aleh Tsyvinsky & Matthew Weinzierl, 2010. "Preference Heterogeneity and Optimal Capital Taxation," STICERD - Public Economics Programme Discussion Papers 07, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.

    Cited by:

    1. Mikhail Golosov & Maxim Troshkin & Aleh Tsyvinski, 2011. "Optimal Taxation: Merging Micro and Macro Approaches," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 43(s1), pages 147-174, August.
    2. Golosov, Mikhail & Troshkin, Maxim & Tsyvinski, Aleh & Weinzierl, Matthew, 2013. "Preference heterogeneity and optimal capital income taxation," Journal of Public Economics, Elsevier, vol. 97(C), pages 160-175.
    3. Wojciech Kopczuk, 2012. "Taxation of Intergenerational Transfers and Wealth," NBER Working Papers 18584, National Bureau of Economic Research, Inc.
    4. Jang-Ting Guo & Alan Krause, "undated". "Dynamic Nonlinear Income Taxation with Quasi-Hyperbolic Discounting and No Commitment," Discussion Papers 11/16, Department of Economics, University of York.
    5. Peter A. Diamond & Emmanuel Saez, 2011. "The Case for a Progressive Tax: From Basic Research to Policy Recommendations," CESifo Working Paper Series 3548, CESifo.
    6. Hakki Yazici & Ctirad Slavik, 2013. "Machines, Buildings, and Optimal Dynamic Taxes," 2013 Meeting Papers 766, Society for Economic Dynamics.

  30. Mikhail Golosov & Aleh Tayvinski & Matthew Weinzierl, 2010. "Preference Heterogeneity and Optimal Capital Income Taxation," STICERD - Public Economics Programme Discussion Papers 04, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.

    Cited by:

    1. Christian Hellwig & Nicolas Werquin, 2022. "A Fair Day's Pay for a Fair Day's Work: Optimal Tax Design as Redistributional Arbitrage," Working Paper Series WP 2022-03, Federal Reserve Bank of Chicago.
    2. Guo, Jang-Ting & Krause, Alan, 2015. "Dynamic income taxation without commitment: Comparing alternative tax systems," Economic Modelling, Elsevier, vol. 47(C), pages 319-326.
    3. Mikhail Golosov & Maxim Troshkin & Aleh Tsyvinski, 2011. "Optimal Taxation: Merging Micro and Macro Approaches," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 43(s1), pages 147-174, August.
    4. Gustafsson, Johan, 2023. "Public pension reform with ill-informed individuals," Economic Modelling, Elsevier, vol. 121(C).
    5. Bellofatto, Antonio Andrés, 2025. "Wealth taxation and life expectancy," Journal of Monetary Economics, Elsevier, vol. 152(C).
    6. Benjamin B. Lockwood & Matthew C. Weinzierl, 2012. "De Gustibus non est Taxandum: Heterogeneity in Preferences and Optimal Redistribution," NBER Working Papers 17784, National Bureau of Economic Research, Inc.
    7. Golosov, Mikhail & Troshkin, Maxim & Tsyvinski, Aleh & Weinzierl, Matthew, 2013. "Preference heterogeneity and optimal capital income taxation," Journal of Public Economics, Elsevier, vol. 97(C), pages 160-175.
    8. Alex Rees-Jones & Dmitry Taubinsky, 2017. "Taxing Humans: Pitfalls of the Mechanism Design Approach and Potential Resolutions," NBER Working Papers 23980, National Bureau of Economic Research, Inc.
    9. Uras, Burak & van Buggenum, Hugo, 2020. "Preference Heterogeneity and Optimal Monetary Policy," Other publications TiSEM a1d67a4e-0b27-4246-87af-b, Tilburg University, School of Economics and Management.
    10. Francesca Parodi, 2020. "Taxation of Consumption and Labor Income: a Quantitative Approach," Carlo Alberto Notebooks 609, Collegio Carlo Alberto.
    11. Dustin L. Swonder & Damián Vergara, 2025. "A Sufficient Statistics Approach to Optimal Corporate Taxes," NBER Working Papers 34517, National Bureau of Economic Research, Inc.
    12. Spencer Bastani & Sebastian Koehne, 2022. "How Should Consumption Be Taxed?," CESifo Working Paper Series 10038, CESifo.
    13. Christian Moser & Pedro Olea de Souza e Silva, 2019. "Optimal Paternalistic Savings Policies," Opportunity and Inclusive Growth Institute Working Papers 17, Federal Reserve Bank of Minneapolis.
    14. Makarski, Krzysztof & Tyrowicz, Joanna & Komada, Oliwia, 2024. "Capital income taxation and reforming social security in an OLG economy," Journal of Economic Dynamics and Control, Elsevier, vol. 165(C).
    15. Matthew Weinzierl, 2012. "The Promise of Positive Optimal Taxation: Normative Diversity and a role for Equal Sacrifice," NBER Working Papers 18599, National Bureau of Economic Research, Inc.
    16. Bastani, Spencer & Karlsson, Kristina & Kolsrud, Jonas & Waldenström, Daniel, 2024. "The Capital Advantage: Comparing Returns to Ability in the Labor and Capital Markets," Working Papers in Economics and Statistics 1/2024, Linnaeus University, School of Business and Economics, Department of Economics and Statistics.
    17. Terhi Ravaska & Sanna Tenhunen & Matti Tuomala, 2018. "On the optimal lifetime redistribution and social objectives: a multidimensional approach," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 25(3), pages 631-653, June.
    18. Bastani, Spencer & Karlsson, Kristina & Waldenström, Daniel, 2023. "The Different Returns to Cognitive Ability in the Labor and Capital Markets," Working Paper Series 1459, Research Institute of Industrial Economics.
    19. Jang-Ting Guo & Alan Krause, "undated". "Dynamic Nonlinear Income Taxation with Quasi-Hyperbolic Discounting and No Commitment," Discussion Papers 11/16, Department of Economics, University of York.
    20. Burkett, Justin & Woodward, Kyle, 2025. "Intertemporal allocation with unknown discounting," Journal of Economic Theory, Elsevier, vol. 227(C).
    21. Paweł Doligalski & Piotr Dworczak & Mohammad Akbarpour & Scott Duke Kominers*, 2025. "Optimal Redistribution via Income Taxation and Market Design," Bristol Economics Discussion Papers 25/787, School of Economics, University of Bristol, UK.
    22. Renato Gomes & Jean-Marie Lozachmeur & Alessandro Pavan, 2014. "Differential Taxation and Occupational Choice," Discussion Papers 1577, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    23. Sarah Perret, 2021. "Why were most wealth taxes abandoned and is this time different?," Fiscal Studies, John Wiley & Sons, vol. 42(3-4), pages 539-563, September.
    24. Hosseini, Roozbeh & Shourideh, Ali, 2016. "Retirement Financing: An Optimal Reform Approach," MPRA Paper 71613, University Library of Munich, Germany, revised 19 Jan 2016.
    25. Laurence Jacquet & Etienne Lehmann, 2021. "How to Tax Different Incomes?," CESifo Working Paper Series 9324, CESifo.
    26. Spencer Bastani & Sören Blomquist & Luca Micheletto, 2020. "Pareto efficient income taxation without single-crossing," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 55(3), pages 547-594, October.
    27. Antoine Bozio & Guy Laroque & Cormac O'Dea, 2013. "Discount Rate Heterogeneity Among Older Households: A Puzzle?," IFS Working Papers W13/02, Institute for Fiscal Studies.
    28. Hellwig, Christian & Werquin, Nicolas, 2022. "Using Consumption Data to Derive Optimal Income and Capital Tax Rates," TSE Working Papers 22-1284, Toulouse School of Economics (TSE), revised Jan 2026.
    29. Peter Diamond & Emmanuel Saez, 2011. "The Case for a Progressive Tax: From Basic Research to Policy Recommendations," Journal of Economic Perspectives, American Economic Association, vol. 25(4), pages 165-190, Fall.
    30. Germain, Antoine, 2025. "Consumer welfare beyond GDP," LIDAM Discussion Papers CORE 2025011, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    31. José Alves, 2018. "A DSGE Model to Evaluate the Macroeconomic Impacts of Taxation," Working Papers REM 2018/62, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa.
    32. Fabian ten Kate & Petros Milionis, 2019. "Is capital taxation always harmful for economic growth?," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 26(4), pages 758-805, August.
    33. Spencer Bastani & Daniel Waldenström, 2020. "How Should Capital Be Taxed?," Journal of Economic Surveys, Wiley Blackwell, vol. 34(4), pages 812-846, September.
    34. Johan Gustafsson, 2023. "Public pension policy and the equity–efficiency trade‐off," Scandinavian Journal of Economics, Wiley Blackwell, vol. 125(3), pages 717-752, July.
    35. Gustafsson, Johan, 2021. "Public Pension Reform and the Equity-Efficiency Trade-off," Umeå Economic Studies 992, Umeå University, Department of Economics.
    36. Yuta Saito & Yosuke Takeda, 2022. "Capital taxation with parental incentives," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 24(6), pages 1310-1341, December.
    37. Hakki Yazici & Ctirad Slavik, 2013. "Machines, Buildings, and Optimal Dynamic Taxes," 2013 Meeting Papers 766, Society for Economic Dynamics.
    38. Euiyoung Jung & Chul-In Lee, 2024. "Optimal fiscal policy under finite planning horizons," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 31(6), pages 1550-1583, December.
    39. Gustafsson, Johan, 2021. "Implications of Pension Illiteracy for Labor Supply and Redistribution," Umeå Economic Studies 993, Umeå University, Department of Economics.
    40. Luca Spataro & Tommaso Crescioli, 2024. "How much capital should be taxed? A review of the quantitative and empirical literature," Journal of Economic Surveys, Wiley Blackwell, vol. 38(4), pages 1399-1436, September.
    41. Franz Wirl, 2025. "Income Taxation of Privately Informed Agents by a Leviathan Government," Homo Oeconomicus: Journal of Behavioral and Institutional Economics, Springer, vol. 42(1), pages 43-63, November.
    42. Louis Kaplow, 2024. "Optimal Income Taxation," Journal of Economic Literature, American Economic Association, vol. 62(2), pages 637-738, June.
    43. Woodland, A., 2016. "Taxation, Pensions, and Demographic Change," Handbook of the Economics of Population Aging, in: Piggott, John & Woodland, Alan (ed.), Handbook of the Economics of Population Aging, edition 1, volume 1, chapter 0, pages 713-780, Elsevier.
    44. Elin Halvorsen & Thor Olav Thoresen, 2017. "Distributional Effects of the Wealth Tax under a Lifetime-Dynastic Income Concept," CESifo Working Paper Series 6614, CESifo.
    45. Ferey, Antoine & Lockwood, Benjamin & Taubinsky, Dmitry, 2022. "Sufficient Statistics for Nonlinear Tax Systems with General Across-income Heterogeneity," Rationality and Competition Discussion Paper Series 360, CRC TRR 190 Rationality and Competition.
    46. Anna Grodecka & Karlygash Kuralbayeva, 2014. "The Price vs Quantity debate: climate policy and the role of business cycles," OxCarre Working Papers 137, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
    47. David Weisbach, 2014. "The use of neutralities in international tax policy," Working Papers 1414, Oxford University Centre for Business Taxation.

  31. Mikhail Golosov & Guido Lorenzoni & Aleh Tsyvinski, 2009. "Decentralized Trading with Private Information," NBER Working Papers 15513, National Bureau of Economic Research, Inc.

    Cited by:

    1. Duffie, Darrell & Malamud, Semyon & Manso, Gustavo, 2009. "The Relative Contributions of Private Information Sharing and Public Information Releases to Information Aggregation," Research Papers 2023, Stanford University, Graduate School of Business.
    2. Biais, Bruno & Weill, Pierre-Olivier, 2009. "Liquidity Shocks and Order Book Dynamics," TSE Working Papers 09-037, Toulouse School of Economics (TSE).
    3. Dipjyoti Majumdar & Artyom Shneyerov & Huan Xie, 2016. "An optimistic search equilibrium," Review of Economic Design, Springer;Society for Economic Design, vol. 20(2), pages 89-114, June.
    4. Cenedese, Gino & Ranaldo, Angelo & Vasios, Michalis, 2020. "OTC premia," Journal of Financial Economics, Elsevier, vol. 136(1), pages 86-105.
    5. Péter Kondor & Gábor Pintér, 2022. "Clients' Connections: Measuring the Role of Private Information in Decentralized Markets," Journal of Finance, American Finance Association, vol. 77(1), pages 505-544, February.
    6. Nicolas S. Lambert & Michael Ostrovsky & Mikhail Panov, 2014. "Strategic Trading in Informationally Complex Environments," NBER Working Papers 20516, National Bureau of Economic Research, Inc.
    7. William (Bill) Zame & Jean-Paul L'Huillier, 2015. "Optimally Sticky Prices," 2015 Meeting Papers 621, Society for Economic Dynamics.
    8. Harold L. Cole & Daniel Neuhann & Guillermo Ordonez, 2017. "A Walrasian Theory of Sovereign Debt Auctions with Asymmetric Information," PIER Working Paper Archive 17-015, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 01 May 2017.
    9. Andrew Atkeson & Andrea L. Eisfeldt & Pierre-Olivier Weill, 2013. "The market for OTC derivatives," Staff Report 479, Federal Reserve Bank of Minneapolis.
    10. Daron Acemoglu & Asuman Ozdaglar, 2011. "Opinion Dynamics and Learning in Social Networks," Dynamic Games and Applications, Springer, vol. 1(1), pages 3-49, March.
    11. Babus, Ana & Kondor, Peter, 2018. "Trading and information diffusion in over-the-counter markets," LSE Research Online Documents on Economics 118939, London School of Economics and Political Science, LSE Library.
    12. Gabor Pinter & Chaojun Wang & Junyuan Zou, 2024. "Size Discount and Size Penalty: Trading Costs in Bond Markets," The Review of Financial Studies, Society for Financial Studies, vol. 37(7), pages 2156-2190.
    13. Vladimir Asriyan, 2017. "Information Aggregation in Dynamic Markets with Adverse Selection," 2017 Meeting Papers 988, Society for Economic Dynamics.
    14. Shino Takayama, 2020. "Price Manipulation, Dynamic Informed Trading, and the Uniqueness of Equilibrium in Sequential Trading," Discussion Papers Series 621, School of Economics, University of Queensland, Australia.
    15. Zachary Bethune & Bruno Sultanum & Nicholas Trachter, 2019. "An Information-based Theory of Financial Intermediation," 2019 Meeting Papers 403, Society for Economic Dynamics.
    16. Jean-Paul L'Huillier & William R. Zame, 2015. "The Flattening of the Phillips Curve and the Learning Problem of the Central Bank," EIEF Working Papers Series 1503, Einaudi Institute for Economics and Finance (EIEF), revised Oct 2014.
    17. Darrell Duffie & Semyon Malamud & Gustavo Manso, 2011. "Information Percolation in Segmented Markets," NBER Working Papers 17295, National Bureau of Economic Research, Inc.
    18. Mark Paddrik & Carlos Ramirez, 2025. "Treasury Tri-party Repo Pricing," Working Papers 25-07, Office of Financial Research, US Department of the Treasury.
    19. Semyon Malamud & Marzena Rostek, 2012. "Decentralized Exchange," Working Papers 12-18, NET Institute.
    20. Shino Takayama, 2018. "Price Manipulation, Dynamic Informed Trading and Tame Equilibria: Theory and Computation," Discussion Papers Series 603, School of Economics, University of Queensland, Australia.
    21. Simone Alfarano & Albert Banal-Estañol & Eva Camacho & Giulia Iori & Burcu Kapar & Rohit Rahi, 2024. "Centralized vs decentralized markets: The role of connectivity," Economics Working Papers 1877, Department of Economics and Business, Universitat Pompeu Fabra.
    22. Asriyan, Vladimir & Fuchs, William & Green, Brett, 2021. "Aggregation and design of information in asset markets with adverse selection," Journal of Economic Theory, Elsevier, vol. 191(C).
    23. Andrew G. Atkeson & Andrea L. Eisfeldt & Pierre-Olivier Weill, 2014. "Entry and Exit in OTC Derivatives Markets," NBER Working Papers 20416, National Bureau of Economic Research, Inc.
    24. Zhang, Shengxing, 2018. "Liquidity misallocation in an over-the-counter market," LSE Research Online Documents on Economics 86800, London School of Economics and Political Science, LSE Library.
    25. Branch, William & McGough, Bruce, 2016. "Heterogeneous beliefs and trading inefficiencies," Journal of Economic Theory, Elsevier, vol. 163(C), pages 786-818.
    26. Choi, Michael, 2018. "Imperfect information transmission and adverse selection in asset markets," Journal of Economic Theory, Elsevier, vol. 176(C), pages 619-649.
    27. Michael Choi & Guillaume Rocheteau, 2024. "Information acquisition and price discrimination in dynamic, decentralized markets," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 53, pages 1-46, July.
    28. Lester, Benjamin & Shourideh, Ali & Venkateswaran, Venky & Zetlin-Jones, Ariel, 2023. "Market-making with search and information frictions," Journal of Economic Theory, Elsevier, vol. 212(C).
    29. Wang, Zijian, 2020. "Liquidity and private information in asset markets: To signal or not to signal," Journal of Economic Theory, Elsevier, vol. 190(C).
    30. Liang Ding & Hao Zou & Vittorio Addona, 2012. "Semi‐transparency, dealership market, and foreign exchange market quality," Review of Financial Economics, John Wiley & Sons, vol. 21(1), pages 1-13, January.
    31. Robert Shimer & Ivan Werning, 2019. "Efficiency and information transmission in bilateral trading," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 33, pages 154-176, July.
    32. Jean-Paul L'Huillier, 2013. "Consumers' Imperfect Information and Price Rigidities," 2013 Meeting Papers 65, Society for Economic Dynamics.
    33. Lucas Maestri & Dino Gerardi & Braz Camargo, 2016. "Efficiency in Decentralized Markets with Aggregate Uncertainty," 2016 Meeting Papers 103, Society for Economic Dynamics.
    34. Bajaj, Ayushi, 2018. "Undefeated equilibria of the Shi–Trejos–Wright model under adverse selection," Journal of Economic Theory, Elsevier, vol. 176(C), pages 957-986.
    35. Guerrieri, V. & Uhlig, H., 2016. "Housing and Credit Markets," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 1427-1496, Elsevier.
    36. Benhabib, Jess & Wang, Pengfei, 2015. "Private information and sunspots in sequential asset markets," Journal of Economic Theory, Elsevier, vol. 158(PB), pages 558-584.
    37. Pavan, Alessandro & Vives, Xavier, 2015. "Information, Coordination, and Market Frictions: An Introduction," Journal of Economic Theory, Elsevier, vol. 158(PB), pages 407-426.
    38. Alexandru MANOLE & Ana CARP & Doina AVRAM & Doina BUREA, 2017. "Some Aspects Regarding The Forecasting Information System Activity," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 65(4), pages 9-14, April.
    39. Cerezo Sánchez, David, 2018. "The Valuation of Secrecy and the Privacy Multiplier," MPRA Paper 83954, University Library of Munich, Germany.
    40. Ostrovsky, Michael, 2009. "Information Aggregation in Dynamic Markets with Strategic Traders," Research Papers 2053, Stanford University, Graduate School of Business.
    41. L’Huillier, Jean-Paul & Zame, William R., 2022. "Optimally sticky prices: Foundations," Journal of Economic Dynamics and Control, Elsevier, vol. 141(C).
    42. Babus, Ana & Kondor, Peter, 2018. "Trading and information diffusion in OTC markets," LSE Research Online Documents on Economics 88050, London School of Economics and Political Science, LSE Library.
    43. Guillaume Rocheteau, 2009. "A monetary approach to asset liquidity," Working Papers (Old Series) 0901, Federal Reserve Bank of Cleveland.

  32. V. V. Chari & Mikhail Golosov & Aleh Tsyvinski, 2009. "Prizes and Patents: Using Market Signals to Provide Incentives for Innovations," Levine's Working Paper Archive 814577000000000398, David K. Levine.

    Cited by:

    1. Ufuk Akcigit & Douglas Hanley & Stefanie Stantcheva, 2016. "Optimal Taxation and R&D Policies," Working Papers 2016-031, Human Capital and Economic Opportunity Working Group.
    2. Matthew Mitchell & Yuzhe Zhang, 2015. "Shared Patent Rights And Technological Progress," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 56(1), pages 95-132, February.
    3. Christopher M. Snyder & Kendall Hoyt & Dimitrios Gouglas, 2022. "An Optimal Mechanism to Fund the Development of Vaccines Against Emerging Epidemics," NBER Working Papers 30619, National Bureau of Economic Research, Inc.
    4. Galasso, Alberto & Mitchell, Matthew & Virag, Gabor, 2018. "A theory of grand innovation prizes," Research Policy, Elsevier, vol. 47(2), pages 343-362.
    5. Acemoglu, Daron, 2012. "Introduction to economic growth," Journal of Economic Theory, Elsevier, vol. 147(2), pages 545-550.
    6. Skliaustyte, Egle & Weber, Matthias, 2021. "Subsidies or Tax Breaks Versus Intellectual Property Rights: Dual Markets," SocArXiv x87fy, Center for Open Science.
    7. Michael Kremer & Jonathan Levin & Christopher M. Snyder, 2022. "Designing Advance Market Commitments for New Vaccines," Management Science, INFORMS, vol. 68(7), pages 4786-4814, July.
    8. Petra Moser & Tom Nicholas, 2013. "Prizes, Publicity and Patents: Non-Monetary Awards as a Mechanism to Encourage Innovation," Journal of Industrial Economics, Wiley Blackwell, vol. 61(3), pages 763-788, September.
    9. Brueggemann, Julia & Meub, Lukas, 2015. "Experimental evidence on the effects of innovation contests," University of Göttingen Working Papers in Economics 251, University of Goettingen, Department of Economics.
    10. Mitchell, Matthew & Zhang, Yuzhe, 2012. "Shared Rights and Technological Progress," MPRA Paper 36537, University Library of Munich, Germany.
    11. Hugo Hopenhayn & Matthew Mitchell, 2012. "Rewarding Duopoly Innovators: The Price of Exclusivity," NBER Chapters, in: Standards, Patents and Innovations, National Bureau of Economic Research, Inc.
    12. Alberto Galasso & Matthew Mitchell & Gabor Virag, 2014. "Market Outcomes and Dynamic Patent Buyouts," NBER Working Papers 20197, National Bureau of Economic Research, Inc.
    13. Armin Mertens & Marc Scheufen, 2024. "Intellectual property and fourth industrial revolution technologies: how the patent system is shaping the future in the data-driven economy," European Journal of Law and Economics, Springer, vol. 57(1), pages 275-310, April.
    14. Galasso, Alberto, 2020. "Rewards versus intellectual property rights when commitment is limited," Journal of Economic Behavior & Organization, Elsevier, vol. 169(C), pages 397-411.
    15. Burton, M. Diane & Nicholas, Tom, 2017. "Prizes, patents and the search for longitude," Explorations in Economic History, Elsevier, vol. 64(C), pages 21-36.
    16. Linda Cohen & Amihai Glazer, 2014. "Forward Markets to Spur Innovation," Working Papers 131405, University of California-Irvine, Department of Economics.
    17. Brüggemann, Julia & Meub, Lukas, 2017. "Experimental evidence on the effects of innovation contests," Information Economics and Policy, Elsevier, vol. 39(C), pages 72-83.
    18. David Rietzke, 2015. "Push or pull? Grants, prizes and information," Working Papers 82851479, Lancaster University Management School, Economics Department.
    19. Li, Yunjian & Chen, Jiawen & Li, Li & Huang, Xiaojun, 2024. "Government innovation awards, innovation funds acquisition and enterprise innovation," Economic Analysis and Policy, Elsevier, vol. 82(C), pages 846-864.
    20. Tom Nicholas, 2013. "Hybrid Innovation In Meiji, Japan," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 54(2), pages 575-600, May.
    21. Ugur, Mehmet & Trushin, Eshref, 2021. "Information asymmetry, risk aversion and R&D subsidies: Effect-size heterogeneity and policy conundrums," Greenwich Papers in Political Economy 32224, University of Greenwich, Greenwich Political Economy Research Centre.
    22. Michael Kremer & Heidi Williams, 2010. "Incentivizing Innovation: Adding to the Tool Kit," NBER Chapters, in: Innovation Policy and the Economy, Volume 10, pages 1-17, National Bureau of Economic Research, Inc.

  33. Daron Acemoglu & Michael Golosov & Aleh Tsyvinski, 2009. "Power Fluctuations and Political Economy," EIEF Working Papers Series 0911, Einaudi Institute for Economics and Finance (EIEF), revised Sep 2009.

    Cited by:

    1. Pancrazi, Roberto & Prosperi, Lorenzo, 2020. "Transparency, political conflict, and debt," Journal of International Economics, Elsevier, vol. 126(C).
    2. Saint-Paul, Gilles & Ticchi, Davide & Vindigni, Andrea, 2012. "A Theory of Political Entrenchment," IZA Discussion Papers 6473, IZA Network @ LISER.
    3. Thomas, Jonathan P. & Worrall, Tim, 2018. "Dynamic relational contracts under complete information," Journal of Economic Theory, Elsevier, vol. 175(C), pages 624-651.
    4. Yanlei Ma, 2014. "Income Inequality, Political Polarization and Fiscal Policy Gridlock," 2014 Meeting Papers 547, Society for Economic Dynamics.
    5. T. Renee Bowen & Ying Chen & Hulya Eraslan & Jan Zapal, 2015. "Efficiency of Flexible Budgetary Institutions," Koç University-TUSIAD Economic Research Forum Working Papers 1516, Koc University-TUSIAD Economic Research Forum.
    6. Andina-Díaz, Ascensión & Feri, Francesco & Meléndez-Jiménez, Miguel A., 2021. "Institutional flexibility, political alternation, and middle-of-the-road policies," Journal of Public Economics, Elsevier, vol. 204(C).
    7. Facundo Piguillem & Alessandro Riboni, 2012. "Dynamic Bargaining over Redistribution in Legislatures," EIEF Working Papers Series 1206, Einaudi Institute for Economics and Finance (EIEF), revised Dec 2012.
    8. Leonid Polishchuk & Georgiy Syunyaev, 2014. "uling Elites' Rotation and Asset Ownership: Implications for Property Rights," Working Papers 343, Leibniz Institut für Ost- und Südosteuropaforschung (Leibniz Institute for East and Southeast European Studies).
    9. Martimort, David & Guillouet, Louise, 2020. "Precaution, Information and Time-Inconsistency: On The Value of the Precautionary Principle," CEPR Discussion Papers 15266, C.E.P.R. Discussion Papers.
    10. Grechyna, Daryna, 2017. "Public Policy Against Political Frictions," MPRA Paper 76396, University Library of Munich, Germany.
    11. Kloosterman, Andrew, 2015. "Public information in Markov games," Journal of Economic Theory, Elsevier, vol. 157(C), pages 28-48.
    12. Karl Jandoc & Ruben Juarez, 2017. "Self-enforcing coalitions with power accumulation," International Journal of Game Theory, Springer;Game Theory Society, vol. 46(2), pages 327-355, May.
    13. Marcet, Albert & Marimon, Ramon, 2011. "Recursive contracts," LSE Research Online Documents on Economics 121737, London School of Economics and Political Science, LSE Library.
    14. Tkachenko, Andrey & Esaulov, Daniil, 2020. "Autocratic governors in public procurement," European Journal of Political Economy, Elsevier, vol. 61(C).
    15. T. Renee Bowen & Ying Chen & H�lya Eraslan, 2012. "Mandatory Versus Discretionary Spending: the Status Quo Effect," Economics Working Paper Archive 603, The Johns Hopkins University,Department of Economics.
    16. Burcu Eyigungor & Satyajit Chatterjee, 2014. "Continuous Markov Equilibria with Quasi-Geometric Discounting," 2014 Meeting Papers 348, Society for Economic Dynamics.
    17. Yamasaki, Junichi, 2020. "Time horizon of government and public goods investment: Evidence from Japan," Journal of Development Economics, Elsevier, vol. 146(C).
    18. Hector Galindo‐Silva, 2020. "External threats, political turnover, and fiscal capacity," Economics and Politics, Wiley Blackwell, vol. 32(3), pages 430-462, November.
    19. Marimon, Ramon & Werner, Jan, 2021. "The envelope theorem, Euler and Bellman equations, without differentiability," Journal of Economic Theory, Elsevier, vol. 196(C).
    20. Marina Azzimonti & Laura Karpuska & Gabriel Mihalache, 2023. "Bargaining Over Taxes And Entitlements In The Era Of Unequal Growth," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 64(3), pages 893-941, August.
    21. Marina Azzimonti, 2016. "The Politics of FDI Expropriation," NBER Working Papers 22705, National Bureau of Economic Research, Inc.
    22. Grechyna, Daryna, 2016. "Political frictions and public policy outcomes," Journal of Comparative Economics, Elsevier, vol. 44(3), pages 484-495.
    23. Ying Chen & Hülya Eraslan, 2017. "Dynamic Agenda Setting," American Economic Journal: Microeconomics, American Economic Association, vol. 9(2), pages 1-32, May.
    24. Marina Azzimonti & Gabriel P. Mihalache & Laura Karpuska, 2020. "Bargaining over Taxes and Entitlements," NBER Working Papers 27595, National Bureau of Economic Research, Inc.
    25. Timothy Besley & Ethan Ilzetzki & Torsten Persson, 2013. "Weak States and Steady States: The Dynamics of Fiscal Capacity," American Economic Journal: Macroeconomics, American Economic Association, vol. 5(4), pages 205-235, October.
    26. Andrey Tkachenko & Daniil Esaulov, 2018. "The Role Of Governors In Public Procurement," HSE Working papers WP BRP 19/PSP/2018, National Research University Higher School of Economics.
    27. Shi, Xiangyu, 2025. "Leaders and institutions as joint determinants of economic growth," European Journal of Political Economy, Elsevier, vol. 89(C).
    28. Hülya Eraslan & Kirill Evdokimov & Jan Zápal, 2020. "Dynamic Legislative Bargaining," ISER Discussion Paper 1090, Institute of Social and Economic Research, The University of Osaka.
    29. Sebastian Heise, 2016. "Firm-to-Firm Relationships and Price Rigidity - Theory and Evidence," CESifo Working Paper Series 6226, CESifo.
    30. Corbae, Dean & Marimon, Ramon, 2011. "Introduction to Incompleteness and Uncertainty in Economics," Journal of Economic Theory, Elsevier, vol. 146(3), pages 775-784, May.
    31. Golosov, M. & Tsyvinski, A. & Werquin, N., 2016. "Recursive Contracts and Endogenously Incomplete Markets," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 725-841, Elsevier.
    32. Grechyna, Daryna, 2015. "Quantifying the Impact of Political Frictions on Public Policy," MPRA Paper 65266, University Library of Munich, Germany.
    33. Ruediger Bachmann & Jinhui Bai, 2010. "Government Purchases Over the Business Cycle: the Role of Economic and Political Inequality," NBER Working Papers 16247, National Bureau of Economic Research, Inc.
    34. Juan Ortner, 2014. "Political Bargaining in a Changing World," 2014 Meeting Papers 445, Society for Economic Dynamics.

  34. Daron Acemoglu & Michael Golosov & Aleh Tsyvinski, 2008. "Political Economy of Ramsey Taxation," Levine's Working Paper Archive 122247000000002192, David K. Levine.

    Cited by:

    1. Eckhard Janeba, 2012. "Germany´s New Debt Brake: A Blueprint for Europe?," FinanzArchiv: Public Finance Analysis, Mohr Siebeck, Tübingen, vol. 68(4), pages 383-405, December.
    2. Bergemann, Dirk & Pavan, Alessandro, 2015. "Introduction to Symposium on Dynamic Contracts and Mechanism Design," Journal of Economic Theory, Elsevier, vol. 159(PB), pages 679-701.
    3. Delis, Manthos & Iosifidi, Maria, 2019. "Environmentally Aware Households," MPRA Paper 92138, University Library of Munich, Germany.
    4. Jianjun Miao & Yuzhe Zhang, 2013. "A Duality Approach to Continuous- Time Contracting Problems with Limited Commitment," Boston University - Department of Economics - Working Papers Series 2013-008, Boston University - Department of Economics.
    5. Alesina, A. & Passalacqua, A., 2016. "The Political Economy of Government Debt," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 2599-2651, Elsevier.
    6. Lint Barrage, 2020. "Optimal Dynamic Carbon Taxes in a Climate–Economy Model with Distortionary Fiscal Policy," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 87(1), pages 1-39.
    7. Gaël Giraud & Myrna Wooders, 2012. "On the Simultaneous Emergence of Money and the State," Documents de travail du Centre d'Economie de la Sorbonne 12094, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
    8. Jean-Denis Garon & Alain Paquet, 2017. "Les enjeux d'efficience et la fiscalité," L'Actualité Economique, Société Canadienne de Science Economique, vol. 93(3), pages 297-337.
    9. Barrage, Lint, 2018. "Be careful what you calibrate for: Social discounting in general equilibrium," Journal of Public Economics, Elsevier, vol. 160(C), pages 33-49.
    10. Reis, Catarina, 2012. "Social discounting and incentive compatible fiscal policy," Journal of Economic Theory, Elsevier, vol. 147(6), pages 2469-2482.
    11. Lin Ma & Qinchuan Du & Tian Wu, 2019. "Government Intervention and Automobile Industry Structure: Theory and Evidence from China," Sustainability, MDPI, vol. 11(17), pages 1-25, August.
    12. Grechyna, Daryna, 2017. "Public Policy Against Political Frictions," MPRA Paper 76396, University Library of Munich, Germany.
    13. Buiter, Willem H. & Sibert, Anne C., 2015. "Government deficits in large open economies: The problem of too little public debt," Economics Discussion Papers 2015-59, Kiel Institute for the World Economy.
    14. Daron Acemoglu & Michael Golosov & Aleh Tsyvinski, 2009. "Power Fluctuations and Political Economy," EIEF Working Papers Series 0911, Einaudi Institute for Economics and Finance (EIEF), revised Sep 2009.
    15. Aronsson, Thomas & Johansson-Stenman, Olof, 2014. "Positional preferences in time and space: Optimal income taxation with dynamic social comparisons," Journal of Economic Behavior & Organization, Elsevier, vol. 101(C), pages 1-23.
    16. Dallal Bendjellal, 2022. "Sovereign Risk, Financial Fragility and Debt Maturity," AMSE Working Papers 2222, Aix-Marseille School of Economics, France.
    17. Di Bartolomeo Giovanni & Tirelli Patrizio, 2016. "Public finance and the optimal inflation rate," wp.comunite 00128, Department of Communication, University of Teramo.
    18. Yena Park, 2012. "Optimal Taxation in a Limited Commitment Economy," PIER Working Paper Archive 12-033, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    19. Tetsuo Ono & Yuki Uchida, 2018. "Political Economy of Taxation, Debt Ceilings, and Growth," Discussion Papers in Economics and Business 18-22, Osaka University, Graduate School of Economics.
    20. Simeon Alder & Guillermo Ordonez, 2016. "Deceptive Redistribution," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 22, pages 223-239, October.
    21. Citanna, A. & Tvede, M., 2024. "Do taxspots matter?," Journal of Economic Theory, Elsevier, vol. 220(C).
    22. Dirk Bergemann & Alessandro Pavan, 2015. "Introduction to JET Symposium Issue on "Dynamic Contracts and Mechanism Design"," Cowles Foundation Discussion Papers 2016, Cowles Foundation for Research in Economics, Yale University.
    23. Dallal Bendjellal, 2022. "Sovereign Risk, Financial Fragility and Debt Maturity," Working Papers hal-03792522, HAL.
    24. Aguiar, Mark & Amador, Manuel, 2016. "Fiscal policy in debt constrained economies," Journal of Economic Theory, Elsevier, vol. 161(C), pages 37-75.
    25. Micael Castanheira & Gaëtan Nicodème & Paola Profeta, 2012. "On the political economics of tax reforms: survey and empirical assessment," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 19(4), pages 598-624, August.
    26. Fabian ten Kate & Petros Milionis, 2019. "Is capital taxation always harmful for economic growth?," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 26(4), pages 758-805, August.
    27. Dai, Darong, 2013. "Cooperative economic growth," Economic Modelling, Elsevier, vol. 33(C), pages 407-415.
    28. Grechyna, Daryna, 2016. "Political frictions and public policy outcomes," Journal of Comparative Economics, Elsevier, vol. 44(3), pages 484-495.
    29. Dai, Darong, 2012. "Comparative Studies on Cooperative Stochastic Differential Game and Dynamic Sequential Game of Economic Maturity," MPRA Paper 44339, University Library of Munich, Germany.
    30. Lopez-Rodriguez, David, 2011. "The scope of political redistribution with proportional income taxation," MPRA Paper 44150, University Library of Munich, Germany, revised 2012.
    31. Justin Yifu Lin & Wei Wang & Venite Zhaoyang Xu, 2021. "Catch‐up industrial policy and economic transition in China," The World Economy, Wiley Blackwell, vol. 44(3), pages 602-632, March.
    32. Kirill Borissov & Lucas Bretschger & Aleksey Minabutdinov, 2022. "The capital tax paradox in a greening economy," International Economics and Economic Policy, Springer, vol. 19(2), pages 315-329, May.
    33. Aronsson, Thomas & Johansson-Stenman, Olof, 2013. "Publicly Provided Private Goods and Optimal Taxation when Consumers Have Positional Preferences," Working Papers in Economics 558, University of Gothenburg, Department of Economics.
    34. Stéphane Auray & Michael B. Devereux & Aurélien Eyquem, 2024. "The Demand for Trade Protection over the Business Cycle," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 56(4), pages 865-898, June.
    35. Simon Berset & Martin Huber & Mark Schelker, 2023. "The fiscal response to revenue shocks," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 30(3), pages 814-848, June.
    36. Grechyna, Daryna, 2015. "Quantifying the Impact of Political Frictions on Public Policy," MPRA Paper 65266, University Library of Munich, Germany.

  35. Emmanuel Farhi & Mikhail Golosov & Aleh Tsyvinski, 2008. "A Theory of Liquidity and Regulation of Financial Intermediation," Levine's Working Paper Archive 122247000000002006, David K. Levine.

    Cited by:

    1. Weerachart T. Kilenthong & Robert M. Townsend, 2014. "A Market Based Solution to Price Externalities: A Generalized Framework," NBER Working Papers 20275, National Bureau of Economic Research, Inc.
    2. Hellwig, Christian & Albagli, Elias & Tsyvinski, Aleh, 2017. "Imperfect Financial Markets and Investment Inefficiencies," CEPR Discussion Papers 12045, C.E.P.R. Discussion Papers.
    3. Andrea Attar & Thomas Mariotti & François Salanié, 2020. "The Social Costs of Side Trading," Working Papers hal-02538295, HAL.
    4. Chen, Yi & Du, Kai, 2020. "The role of information disclosure in financial intermediation with investment risk," Journal of Financial Stability, Elsevier, vol. 46(C).
    5. Sebastian Di Tella, 2018. "A Neoclassical Theory of Liquidity Traps," 2018 Meeting Papers 96, Society for Economic Dynamics.
    6. Chen, Zhuo & He, Zhiguo & Liu, Chun, 2020. "The financing of local government in China: Stimulus loan wanes and shadow banking waxes," Journal of Financial Economics, Elsevier, vol. 137(1), pages 42-71.
    7. Panetti, Ettore, 2011. "Financial liberalization and contagion with unobservable savings," MPRA Paper 29540, University Library of Munich, Germany.
    8. Andolfatto, David & Martin, Fernando M. & Zhang, Shengxing, 2017. "Rehypothecation and liquidity," European Economic Review, Elsevier, vol. 100(C), pages 488-505.
    9. Gazi I Kara & S Mehmet Ozsoy & Itay Goldstein, 2020. "Bank Regulation under Fire Sale Externalities," The Review of Financial Studies, Society for Financial Studies, vol. 33(6), pages 2554-2584.
    10. Martin Windl, 2019. "Net Stable Funding Ratio and Liquidity Hoarding," Schmalenbach Business Review, Springer;Schmalenbach-Gesellschaft, vol. 71(1), pages 57-85, February.
    11. Jobst, Andreas A., 2014. "Measuring systemic risk-adjusted liquidity (SRL)—A model approach," Journal of Banking & Finance, Elsevier, vol. 45(C), pages 270-287.
    12. Marco Bassetto & Wei Cui, 2021. "A Ramsey Theory of Financial Distortions," Discussion Papers 2107, Centre for Macroeconomics (CFM).
    13. Dávila, Eduardo & Walther, Ansgar, 2022. "Corrective regulation with imperfect instruments," Working Paper Series 2723, European Central Bank.
    14. Borys Grochulski & Yuzhe Zhang, 2015. "Optimal Liquidity Regulation With Shadow Banking," Working Paper 15-12, Federal Reserve Bank of Richmond.
    15. Todd Keister & Yuliyan Mitkov, 2020. "Allocating Losses: Bail-ins, Bailouts and Bank Regulation," ECONtribute Discussion Papers Series 049, University of Bonn and University of Cologne, Germany.
    16. Dietrich, Diemo & Gehrig, Thomas, 2025. "Scope and limits of bank liquidity creation," Journal of Financial Intermediation, Elsevier, vol. 61(C).
    17. Daniel Roberts & Asani Sarkar & Or Shachar, 2018. "Liquidity Regulations, Bank Lending, and Fire-Sale Risk," Staff Reports 852, Federal Reserve Bank of New York.
    18. V. V. Chari & Christopher Phelan, 2012. "What assets should banks be allowed to hold?," Economic Policy Paper 12-3, Federal Reserve Bank of Minneapolis.
    19. Kilenthong, Weerachart T. & Townsend, Robert M., 2011. "Information-constrained optima with retrading: An externality and its market-based solution," Journal of Economic Theory, Elsevier, vol. 146(3), pages 1042-1077, May.
    20. Liu, Xuewen & Wang, Pengfei & Yang, Zhongchao, 2024. "Delayed crises and slow recoveries," Journal of Financial Economics, Elsevier, vol. 152(C).
    21. Luca Deidda & Ettore Panetti, 2018. "Banks' Liquidity Management and Financial Fragility," 2018 Meeting Papers 671, Society for Economic Dynamics.
    22. Nicola Limodio & Francesco Strobbe, 2018. "Liquidity Requirements and Bank Deposits: Evidence from Ethiopia," BAFFI CAREFIN Working Papers 1879, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy.
    23. Weerachart Kilenthong & Robert Townsend, 2016. "A Market Based Solution for Fire Sales and Other Pecuniary Externalities," PIER Discussion Papers 23, Puey Ungphakorn Institute for Economic Research.
    24. Sebastian Di Tella, 2017. "Optimal Regulation of Financial Intermediaries," 2017 Meeting Papers 28, Society for Economic Dynamics.
    25. Ales, Laurence & Maziero, Pricila, 2016. "Non-exclusive dynamic contracts, competition, and the limits of insurance," Journal of Economic Theory, Elsevier, vol. 166(C), pages 362-395.
    26. Porcellacchia, Davide, 2020. "The tipping point: interest rates and financial stability," Working Paper Series 2447, European Central Bank.
    27. de la Torre, Augusto & Ize, Alain, 2013. "The foundations of macroprudential regulation : a conceptual roadmap," Policy Research Working Paper Series 6575, The World Bank.
    28. John Geanakoplos & Kieran James Walsh, 2018. "Inefficient liquidity provision," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 66(1), pages 213-233, July.
    29. Dietrich, Diemo & Gehrig, Thomas, 2022. "Speculative and Precautionary Demand for Liquidity in Competitive Banking Markets," CEPR Discussion Papers 15827, C.E.P.R. Discussion Papers.
    30. V. V. Chari & Patrick J. Kehoe, 2013. "Bailouts, time inconsistency, and optimal regulation," Staff Report 481, Federal Reserve Bank of Minneapolis.
    31. Julien Bengui & Javier Bianchi & Louphou Coulibaly, 2016. "Financial Safety Nets," Staff Report 535, Federal Reserve Bank of Minneapolis.
    32. Bonfim, D. & Kim, M., 2012. "Liquidity Risk in Banking : Is there Herding?," Other publications TiSEM 6e6df5ea-401b-49a2-b1be-4, Tilburg University, School of Economics and Management.
    33. Ilhyock Shim, 2011. "Dynamic Prudential Regulation: Is Prompt Corrective Action Optimal?," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 43(8), pages 1625-1661, December.
    34. Geanakoplos, John & Walsh, Kieran James, 2018. "Uniqueness and stability of equilibrium in economies with two goods," Journal of Economic Theory, Elsevier, vol. 174(C), pages 261-272.
    35. Miss Liliana B Schumacher & Mr. Theodore M. Barnhill, 2011. "Modeling Correlated Systemic Liquidity and Solvency Risks in a Financial Environment with Incomplete Information," IMF Working Papers 2011/263, International Monetary Fund.
    36. Markus K. Brunnermeier & Martin Oehmke, 2012. "Bubbles, Financial Crises, and Systemic Risk," NBER Working Papers 18398, National Bureau of Economic Research, Inc.
    37. Chen, Jiakai, 2022. "Market discipline and regulatory arbitrage: Evidence from ABCP liquidity guarantors," Journal of Banking & Finance, Elsevier, vol. 145(C).
    38. Rochet, Jean Charles & Gersbach, Hans, 2012. "Capital Regulation and Credit Fluctuations," CEPR Discussion Papers 9077, C.E.P.R. Discussion Papers.
    39. David Andolfatto & Aleksander Berentsen & Fernando M. Martin, 2017. "Money, Banking and Financial Markets," Working Papers 2017-23, Federal Reserve Bank of St. Louis.
    40. Fecht, Falko & Eder, Armin & Pausch, Thilo, 2013. "Banks, Markets, and Financial Stability," VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 79712, Verein für Socialpolitik / German Economic Association.
    41. Fabio Castiglionesi & Fabio Feriozzi & Guido Lorenzoni, 2019. "Financial Integration and Liquidity Crises," Management Science, INFORMS, vol. 65(3), pages 955-975, March.
    42. Guido Lorenzoni, 2007. "Inefficient Credit Booms," NBER Working Papers 13639, National Bureau of Economic Research, Inc.
    43. Gregor Matvos & Ali Hortacsu & Mark Egan, 2015. "Deposit Competition and Financial Fragility: Evidence from the US Banking Sector," 2015 Meeting Papers 1363, Society for Economic Dynamics.
    44. Andreas Schrimpf & Semyon Malamud, 2017. "Intermediation Markups and Monetary Policy Passthrough," 2017 Meeting Papers 812, Society for Economic Dynamics.
    45. David Rappoport & Alexandros Vardoulakis & David Arseneau, 2015. "Secondary Market Liquidity and the Optimal Capital Structure," 2015 Meeting Papers 1274, Society for Economic Dynamics.
    46. Paul Pichler & Flora Lutz, 2017. "Liquidity risk and financial stability regulation," Vienna Economics Papers vie1701, University of Vienna, Department of Economics.
    47. Andrea Attar & Thomas Mariotti & François Salanié, 2022. "Competitive nonlinear pricing under adverse selection," Working Papers hal-03629592, HAL.
    48. Nobel Prize Committee, 2022. "Financial Intermediation and the Economy," Nobel Prize in Economics documents 2022-2, Nobel Prize Committee.
    49. Jeremy C. Stein, 2011. "Monetary Policy as Financial-Stability Regulation," NBER Working Papers 16883, National Bureau of Economic Research, Inc.
    50. Mateusz Mokrogulski, 2014. "Wojna depozytowa w polskim sektorze bankowym," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 4, pages 79-99.
    51. Mokrogulski, Mateusz, . "Wojna depozytowa w polskim sektorze bankowym," Gospodarka Narodowa-The Polish Journal of Economics, Szkoła Główna Handlowa w Warszawie / SGH Warsaw School of Economics, vol. 2014(4).
    52. Ize,Alain & De La Torre,Augusto, 2013. "The conceptual foundations of macroprudential policy : a roadmap," Policy Research Working Paper Series 6576, The World Bank.
    53. Thomas M. Eisenbach & Gregory Phelan, 2020. "Cournot Fire Sales," Department of Economics Working Papers 2020-10, Department of Economics, Williams College.
    54. Markus K. Brunnermeier & Thomas M. Eisenbach & Yuliy Sannikov, 2012. "Macroeconomics with Financial Frictions: A Survey," Levine's Working Paper Archive 786969000000000384, David K. Levine.
    55. Hart, Oliver & Zingales, Luigi, 2013. "Liquidity and Inefficient Investment," CEPR Discussion Papers 9537, C.E.P.R. Discussion Papers.
    56. Ryuichiro Izumi & Yang Li, 2021. "Financial Stability with Fire Sale Externalities," Wesleyan Economics Working Papers 2021-002, Wesleyan University, Department of Economics.
    57. Erol, Selman & Ordoñez, Guillermo, 2017. "Network reactions to banking regulations," Journal of Monetary Economics, Elsevier, vol. 89(C), pages 51-67.
    58. Ricardo J. Caballero & Guido Lorenzoni, 2007. "Persistent Appreciations and Overshooting: A Normative Analysis," NBER Working Papers 13077, National Bureau of Economic Research, Inc.
    59. Zannini, Ugo, 2020. "The optimal quantity of money and partially-liquid assets," Journal of Economic Theory, Elsevier, vol. 188(C).
    60. John Geanakoplos & Kieran James Walsh, 2017. "Inefficient Liquidity Provision," Cowles Foundation Discussion Papers 2077, Cowles Foundation for Research in Economics, Yale University.
    61. Florian Heider & Marie Hoerova, 2009. "Interbank Lending, Credit-Risk Premia, and Collateral," International Journal of Central Banking, International Journal of Central Banking, vol. 5(4), pages 5-43, December.
    62. John Geanakoplos & Kieran Walsh, 2016. "Uniqueness and Stability of Equilibrium in Economies with Two Goods," Cowles Foundation Discussion Papers 2050, Cowles Foundation for Research in Economics, Yale University.
    63. He, Ping & Liu, Zehao & Xie, Chengbo, 2023. "A fiscal theory of money and bank liquidity provision," Journal of Economic Theory, Elsevier, vol. 214(C).
    64. Olivier Jeanne & Anton Korinek, 2013. "Macroprudential Regulation Versus Mopping Up After the Crash," NBER Working Papers 18675, National Bureau of Economic Research, Inc.
    65. Pierre Yared, 2013. "Public Debt Under Limited Private Credit," Journal of the European Economic Association, European Economic Association, vol. 11(2), pages 229-245, April.
    66. Kučinskas, Simas, 2016. "When are banks better than markets? Comment on Zimper (2013)," Economics Letters, Elsevier, vol. 147(C), pages 171-173.
    67. Adrian, Tobias & Boyarchenko, Nina, 2017. "Liquidity Policies and Systemic Risk," CEPR Discussion Papers 12247, C.E.P.R. Discussion Papers.
    68. Park, Jaevin, 2023. "Rights to retrade, free-riding and insurance requirement," Economics Letters, Elsevier, vol. 225(C).
    69. Mirza, Afrasiab & Stephens, Eric, 2022. "Securitization and aggregate investment efficiency," Journal of Financial Intermediation, Elsevier, vol. 52(C).
    70. Panetti, Ettore, 2011. "Unobservable savings, risk sharing and default in the financial system," MPRA Paper 29542, University Library of Munich, Germany.
    71. Harold L Cole & Dirk Krueger & George J Mailath & Yena Park, 2024. "Trust in Risk Sharing: A Double-Edged Sword," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 91(3), pages 1448-1497.
    72. Thomas Philippon & Vasiliki Skreta, 2011. "Optimal Interventions in Markets with Adverse Selection," Working Papers 11-11, New York University, Leonard N. Stern School of Business, Department of Economics.
    73. Maya Eden & Benjamin Kay, 2015. "Safe Assets as Commodity Money," Working Papers 15-23, Office of Financial Research, US Department of the Treasury.
    74. van Buggenum, Hugo, 2023. "Coexistence of money and interest-bearing bonds," Journal of Economic Dynamics and Control, Elsevier, vol. 153(C).
    75. Anil K. Kashyap & Dimitrios P. Tsomocos & Alexandros P. Vardoulakis, 2014. "How does macroprudential regulation change bank credit supply?," NBER Working Papers 20165, National Bureau of Economic Research, Inc.
    76. Diamond, D.W. & Kashyap, A.K., 2016. "Liquidity Requirements, Liquidity Choice, and Financial Stability," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 2263-2303, Elsevier.
    77. M. Martin Boyer & Franca Glenzer, 2021. "Pensions, annuities, and long-term care insurance: on the impact of risk screening," The Geneva Risk and Insurance Review, Palgrave Macmillan;International Association for the Study of Insurance Economics (The Geneva Association), vol. 46(2), pages 133-174, September.
    78. Arseneau, David M. & Rappoport W., David E. & Vardoulakis, Alexandros P., 2020. "Private and public liquidity provision in over-the-counter markets," Theoretical Economics, Econometric Society, vol. 15(4), November.
    79. Farhi, Emmanuel & Tirole, Jean, 2017. "Shadow Banking and the Four Pillars of Traditional Financial Intermediation," CEPR Discussion Papers 12373, C.E.P.R. Discussion Papers.
    80. Grundke, Peter & Kühn, André, 2020. "The impact of the Basel III liquidity ratios on banks: Evidence from a simulation study," The Quarterly Review of Economics and Finance, Elsevier, vol. 75(C), pages 167-190.
    81. Simas Kucinskas, 2015. "Aggregate Risk and Efficiency of Mutual Funds," Tinbergen Institute Discussion Papers 15-113/VI, Tinbergen Institute.
    82. Kilenthong, Weerachart & Townsend, Robert, 2007. "Market Based, Segregated Exchanges with Default Risk," MPRA Paper 20724, University Library of Munich, Germany, revised 12 Nov 2009.
    83. Borys Grochulski & Yuzhe Zhang, 2019. "Optimal liquidity policy with shadow banking," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 68(4), pages 967-1015, November.
    84. Lazopoulos, Ioannis, 2013. "Liquidity uncertainty and intermediation," Journal of Banking & Finance, Elsevier, vol. 37(2), pages 403-414.
    85. Sebastian Di Tella, 2017. "Optimal Regulation of Financial Intermediaries," NBER Working Papers 23586, National Bureau of Economic Research, Inc.
    86. Sundaresan, Suresh & Xiao, Kairong, 2024. "Liquidity regulation and banks: Theory and evidence," Journal of Financial Economics, Elsevier, vol. 151(C).
    87. Donaldson, Jason & Piacentino, Giorgia, 2019. "Money Runs," CEPR Discussion Papers 13955, C.E.P.R. Discussion Papers.
    88. Samuel G. Hanson & David S. Scharfstein & Adi Sunderam, 2016. "Fiscal Risk and the Portfolio of Government Programs," NBER Working Papers 22763, National Bureau of Economic Research, Inc.
    89. Mengus, Eric, 2023. "Asset purchase bailouts and endogenous implicit guarantees," Journal of International Economics, Elsevier, vol. 142(C).
    90. Tomasz Piskorski & Alexei Tchistyi, 2017. "An Equilibrium Model of Housing and Mortgage Markets with State-Contingent Lending Contracts," NBER Working Papers 23452, National Bureau of Economic Research, Inc.
    91. V. Filipe Martins-Da-Rocha & Toan Phan & Yiannis Vailakis, 2022. "Pecuniary Externalities in Competitive Economies with Limited Pledgeability," Working Papers hal-03909596, HAL.
    92. di Iasio, Giovanni & Kryczka, Dominika, 2021. "Market failures in market-based finance," Working Paper Series 2545, European Central Bank.
    93. Javier Bianchi, 2009. "Overborrowing and systemic externalities in the business cycle," FRB Atlanta Working Paper 2009-24, Federal Reserve Bank of Atlanta.
    94. Giuliana Birindelli & Paola Ferretti & Marco Savioli, 2016. "Basel 3: Does One Size Really Fit All Banks' Business Models?," Working Paper series 16-20, Rimini Centre for Economic Analysis.
    95. Morrison, Alan D & Wang, Tianxi, 2021. "Bank liquidity, bank lending, and "bad bank" policies," Economics Discussion Papers 29501, University of Essex, Department of Economics.
    96. Zhiguo, He & Kondor, Peter, 2016. "Inefficient investment waves," LSE Research Online Documents on Economics 64412, London School of Economics and Political Science, LSE Library.
    97. Jason R. Donaldson & Giorgia Piacentino, 2019. "Money Runs," NBER Working Papers 26298, National Bureau of Economic Research, Inc.
    98. Elias Albagli & Christian Hellwig & Aleh Tsyvinski, 2017. "Imperfect Financial Markets and Shareholder Incentives in Partial and General Equilibrium," NBER Working Papers 23419, National Bureau of Economic Research, Inc.
    99. Gazi I. Kara & S. Mehmet Ozsoy, 2016. "Bank regulation under fire sale externalities," Finance and Economics Discussion Series 2016-026, Board of Governors of the Federal Reserve System (U.S.).
    100. Panetti, Ettore, 2011. "A Theory of Bank Illiquidity and Default with Hidden Trades," MPRA Paper 43799, University Library of Munich, Germany, revised May 2012.
    101. Jean Paul Decamps & Catherine Casamatta & Arnold Chassagnon & Andrea Attar, 2016. "Multiple Lenders, Strategic Default and Covenants," 2016 Meeting Papers 701, Society for Economic Dynamics.
    102. Carvajal, Andrés & Thereze, João, 2023. "Insurance contracts and financial markets," Mathematical Social Sciences, Elsevier, vol. 121(C), pages 8-19.
    103. Thomas Mariotti, 2016. "Multiple Contracting in Insurance Markets," 2016 Meeting Papers 820, Society for Economic Dynamics.
    104. Weerachart Kilenthong & Robert Townsend, 2014. "Segregated Security Exchanges with Ex Ante Rights to Trade: A Market-Based Solution to Collateral-Constrained Externalities," NBER Working Papers 20086, National Bureau of Economic Research, Inc.
    105. Høg, Erling & Fournié, Guillaume & Hoque, Md Ahasanul & Mahmud, Rashed & Pfeiffer, Dirk U. & Barnett, Tony, 2021. "Avian influenza risk environment: live bird commodity chains in Chattogram, Bangladesh," LSE Research Online Documents on Economics 112586, London School of Economics and Political Science, LSE Library.
    106. Mariotti, Thomas & Attar, Andrea & Salanié, François, 2016. "Multiple Contracting in Insurance Markets," CEPR Discussion Papers 11631, C.E.P.R. Discussion Papers.
    107. Anil K. Kashyap & Dimitrios P. Tsomocos & Alexandros Vardoulakis, 2017. "Optimal Bank Regulation in the Presence of Credit and Run Risk," Finance and Economics Discussion Series 2017-097, Board of Governors of the Federal Reserve System (U.S.).
    108. Panetti, Ettore, 2014. "Financial liberalization and contagion with unobservable savings," International Review of Financial Analysis, Elsevier, vol. 36(C), pages 20-35.
    109. Alberto Bisin & John Geanakoplos & Piero Gottardi & Enrico Minelli & Heracles Polemarchakis, 2009. "Markets and Contracts," Working Papers 0915, University of Brescia, Department of Economics.
    110. Luis Araujo & Elton Beqiraj & David Hong & Sotirios Kokas & Raoul Minetti, 2026. "Banking Structures, Liquidity, and Macroeconomic Stability," Working Papers in Public Economics 269, Department of Economics and Law, Sapienza University of Rome.
    111. Okahara, Naoto, 2020. "Liquidity requirement and banks' lending," MPRA Paper 101816, University Library of Munich, Germany.
    112. Francisco Covas & John C. Driscoll, 2014. "Bank Liquidity and Capital Regulation in General Equilibrium," Finance and Economics Discussion Series 2014-85, Board of Governors of the Federal Reserve System (U.S.).
    113. Zouheir Bouchaddakh & Mohamed Mekki Ben Jemaa, 2016. "Risk Sharing Vs Risk Bearing and Shifting: Evidence from Conventional and Islamic Banks of MENA Region Using Metafrontier Directional Distance Functions," Working Papers 1042, Economic Research Forum, revised 09 Jan 2016.
    114. Ando, Sakai & Matsumura, Misaki, 2020. "Constrained inefficiency of competitive entrepreneurship," Journal of Mathematical Economics, Elsevier, vol. 88(C), pages 98-103.
    115. Golosov, M. & Tsyvinski, A. & Werquin, N., 2016. "Recursive Contracts and Endogenously Incomplete Markets," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 725-841, Elsevier.
    116. Bucher, Monika & Dietrich, Diemo & Tvede, Mich, 2018. "Coordination failures, bank runs and asset prices," Discussion Papers 39/2018, Deutsche Bundesbank.
    117. Arvind Krishnamurthy & Jennie Bai & Charles-Henri Weymuller, 2016. "Measuring Liquidity Mismatch in the Banking Sector," NBER Working Papers 22729, National Bureau of Economic Research, Inc.
    118. Clayton, Christopher & Schaab, Andreas, 2023. "Regulation with Externalities and Misallocation in General Equilibrium," TSE Working Papers 23-1445, Toulouse School of Economics (TSE).
    119. Simas Kucinskas, 2015. "Liquidity Creation without Banks," Tinbergen Institute Discussion Papers 15-101/VI, Tinbergen Institute.
    120. Kurlat, Pablo, 2021. "Investment externalities in models of fire sales," Journal of Monetary Economics, Elsevier, vol. 122(C), pages 102-118.
    121. Giuliana Birindelli & Paola Ferretti & Giovanni Ferri & Marco Savioli, 2022. "Regulatory reform and banking diversity: reassessing Basel 3," Annals of Finance, Springer, vol. 18(4), pages 429-456, December.
    122. E. Panetti & LG Deidda, 2017. "Banks' Liquidity Management and Systemic Risk," Working Paper CRENoS 201705, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
    123. Diemo Dietrich & Uwe Vollmer, 2024. "Investment externalities, bank liquidity creation, and bank failures," Journal of Economics, Springer, vol. 141(2), pages 137-162, March.
    124. Diana Bonfim & Moshe Kim, 2012. "Systemic Liquidity Risk," Economic Bulletin and Financial Stability Report Articles and Banco de Portugal Economic Studies, Banco de Portugal, Economics and Research Department.
    125. Alexei Tchistyi, 2018. "An Equilibrium Model of Housing and Mortgage Markets with State-Contingent Lending Contracts," 2018 Meeting Papers 244, Society for Economic Dynamics.
    126. Donaldson, Jason Roderick & Piacentino, Giorgia, 2022. "Money runs," Journal of Monetary Economics, Elsevier, vol. 126(C), pages 35-57.
    127. Kučinskas, Simas, 2019. "Aggregate risk and efficiency of mutual funds," Journal of Banking & Finance, Elsevier, vol. 101(C), pages 1-11.
    128. Ettore Panetti & Filomena Garcia, 2017. "A Theory of Government Bailouts in a Heterogeneous Banking System," Working Papers w201716, Banco de Portugal, Economics and Research Department.

  36. Daron Acemoglu & Mikhail Golosov & Aleh Tsyvinski, 2007. "Political Economy of Mechanisms," Levine's Bibliography 321307000000000886, UCLA Department of Economics.

    Cited by:

    1. Halac, Marina & Yared, Pierre, 2018. "Fiscal Rules and Discretion in a World Economy," CEPR Discussion Papers 12570, C.E.P.R. Discussion Papers.
    2. Carmona, Guilherme & Carvalho, Luís, 2016. "Repeated two-person zero-sum games with unequal discounting and private monitoring," Journal of Mathematical Economics, Elsevier, vol. 63(C), pages 131-138.
    3. Stefania Albanesi & Roc Armenter, 2007. "Intertemporal Distortions in the Second best," NBER Working Papers 13629, National Bureau of Economic Research, Inc.
    4. Acemoglu, Daron & Golosov, Mikhail & Tsyvinski, Aleh, 2008. "Markets versus governments," Journal of Monetary Economics, Elsevier, vol. 55(1), pages 159-189, January.
    5. Acemoglu, Daron & Ticchi, Davide & Vindigni, Andrea, 2008. "A Theory of Military Dictatorships," IZA Discussion Papers 3392, IZA Network @ LISER.
    6. Marcus Berliant & Pierre C. Boyer, 2024. "Politics and income taxes: Progress and progressivity," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 26(4), August.
    7. Mark Aguiar & Manuel Amador, 2009. "Growth in the Shadow of Expropriation," NBER Working Papers 15194, National Bureau of Economic Research, Inc.
    8. Paltseva, Elena & Toews , Gerhard & Troya-Martinez, Marta, 2022. "I’ll pay you later: Sustaining Relationships under the Threat of Expropriation," SITE Working Paper Series 59, Stockholm School of Economics, Stockholm Institute of Transition Economics.
    9. Larry E. Jones & Ali Shourideh & Roozbeh Hosseini, 2010. "Risk Sharing, Inequality, and Fertility," 2010 Meeting Papers 948, Society for Economic Dynamics.
    10. Andres Drenik & Ricardo Perez-Truglia, 2017. "Sympathy for the Diligent and the Demand for Workfare," NBER Working Papers 23659, National Bureau of Economic Research, Inc.
    11. Panagiotis Chronis & Aspassia Strantzalou, 2008. "Monetary and Fiscal Policy Interaction: What is the Role of the Transaction Cost of the Tax System in Stabilisation Policies?," Working Papers 71, Bank of Greece.
    12. Duggan, John & Forand, Jean Guillaume, 2025. "Accountability in Markovian elections," Games and Economic Behavior, Elsevier, vol. 151(C), pages 183-217.
    13. Felix Bierbrauer & Aleh Tsyvinski & Nicolas Werquin, 2021. "Taxes and Turnout: When the Decisive Voter Stays at Home," ECONtribute Discussion Papers Series 071, University of Bonn and University of Cologne, Germany.
    14. Gaël Giraud & Myrna Wooders, 2012. "On the Simultaneous Emergence of Money and the State," Documents de travail du Centre d'Economie de la Sorbonne 12094, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
    15. Bowen, T. Renee & Chen, Ying & Eraslan, Hülya & Zápal, Jan, 2017. "Efficiency of flexible budgetary institutions," Journal of Economic Theory, Elsevier, vol. 167(C), pages 148-176.
    16. Acemoglu, Daron & Golosov, Mikhail & Tsyvinski, Aleh, 2011. "Political economy of Ramsey taxation," Journal of Public Economics, Elsevier, vol. 95(7), pages 467-475.
    17. Marina Halac & Pierre Yared, 2017. "Fiscal Rules and Discretion under Self-Enforcement," NBER Working Papers 23919, National Bureau of Economic Research, Inc.
    18. Rehme, Günther, 2014. "Endogenous (re-)distributive policies and economic growth: A comparative static analysis," Economic Modelling, Elsevier, vol. 40(C), pages 355-366.
    19. Madjid Hatefi MADJUMERD & Omolbanin JALALI & Mohamad Esmaeel ASHRAFI, 2017. "Democracy: An opportunity or a threat to Iran's economic structure," Turkish Economic Review, KSP Journals, vol. 4(3), pages 326-333, September.
    20. Marina Halac & Pierre Yared, 2019. "Fiscal Rules and Discretion under Limited Enforcement," NBER Working Papers 25463, National Bureau of Economic Research, Inc.
    21. Huixin Bi & Eric M. Leeper & Campbell Leith, 2012. "Uncertain Fiscal Consolidations," Working Papers 2012_03, Business School - Economics, University of Glasgow.
    22. Grechyna, Daryna, 2017. "Public Policy Against Political Frictions," MPRA Paper 76396, University Library of Munich, Germany.
    23. Daron Acemoglu & Michael Golosov & Aleh Tsyvinski, 2009. "Power Fluctuations and Political Economy," EIEF Working Papers Series 0911, Einaudi Institute for Economics and Finance (EIEF), revised Sep 2009.
    24. Grochulski, Borys & Piskorski, Tomasz, 2010. "Risky human capital and deferred capital income taxation," Journal of Economic Theory, Elsevier, vol. 145(3), pages 908-943, May.
    25. César Martinelli & John Duggan, 2014. "The Political Economy of Dynamic Elections: A Survey and Some New Results," Working Papers 1403, Centro de Investigacion Economica, ITAM.
    26. Sevastianova Daria, 2009. "Impact of War on Country per Capita GDP: A Descriptive Analysis," Peace Economics, Peace Science, and Public Policy, De Gruyter, vol. 15(1), pages 114-139, December.
    27. Alexander K. Karaivanov & Fernando M. Martin, 2011. "Dynamic optimal insurance and lack of commitment," Working Papers 2011-029, Federal Reserve Bank of St. Louis.
    28. Ricardo J. Caballero & Pierre Yared, 2008. "Future Rent-Seeking and Current Public Savings," NBER Working Papers 14417, National Bureau of Economic Research, Inc.
    29. Felix Bierbrauer & Marco Sahm, 2008. "Optimal Democratic Mechanisms for Taxation and Public Good Provision," Discussion Paper Series of the Max Planck Institute for Behavioral Economics 2008_09, Max Planck Institute for Behavioral Economics.
    30. Ales, Laurence & Maziero, Pricila & Yared, Pierre, 2014. "A theory of political and economic cycles," Journal of Economic Theory, Elsevier, vol. 153(C), pages 224-251.
    31. Felix Bierbrauer & Aleh Tsyvinski & Nicolas WERQUIN, 2019. "Taxes and Turnout," 2019 Meeting Papers 377, Society for Economic Dynamics.
    32. Felix Bierbrauer & Aleh Tsyvinski & Nicolas Werquin, 2021. "Taxes and Turnout: When the Decisive Voter Stays at Home," CESifo Working Paper Series 8954, CESifo.
    33. Jonathan P Thomas & Tim Worrall, 2010. "Dynamic Relational Contracts with Credit Constraints," Economics Discussion Paper Series 1009, Economics, The University of Manchester.
    34. Boyer, Pierre & Bierbrauer, Felix, 2018. "Politically feasible reforms of non-linear tax systems," CEPR Discussion Papers 13059, C.E.P.R. Discussion Papers.
    35. Mikhail Golosov & Luigi Iovino, 2014. "Social Insurance, Information Revelation, and Lack of Commitment," NBER Working Papers 20633, National Bureau of Economic Research, Inc.
    36. Gerard Padró i Miquel & Pierre Yared, 2010. "The Political Economy of Indirect Control," NBER Working Papers 15748, National Bureau of Economic Research, Inc.
    37. Glaeser, Edward L. & Ponzetto, Giacomo A.M., 2014. "Shrouded costs of government: The political economy of state and local public pensions," Journal of Public Economics, Elsevier, vol. 116(C), pages 89-105.
    38. Jenny Simon, 2014. "Imperfect Financial Markets as a Commitment Device for the Government," CESifo Working Paper Series 4902, CESifo.
    39. Leopoldo Fergusson & Javier Mej√≠a & James A. Robinson & Santiago Torres, 2023. "Constitutions and Order: A theory and comparative evidence from Colombia and the United States," Documentos CEDE 20815, Universidad de los Andes, Facultad de Economía, CEDE.
    40. Ilzetzki, Ethan, 2011. "Rent-seeking distortions and fiscal procyclicality," Journal of Development Economics, Elsevier, vol. 96(1), pages 30-46, September.
    41. Shingo Ishiguro, 2011. "Relationships and Growth," Discussion Papers in Economics and Business 11-31, Osaka University, Graduate School of Economics.
    42. Opp, Marcus M., 2012. "Expropriation risk and technology," Journal of Financial Economics, Elsevier, vol. 103(1), pages 113-129.
    43. Bierbrauer, Felix & Tsyvinski, Aleh & Werquin, Nicolas, 2021. "Taxes and Turnout: When the decisive voter stays at home," CEPR Discussion Papers 15928, C.E.P.R. Discussion Papers.
    44. Bierbrauer, Felix J. & Boyer, Pierre C., 2013. "Political competition and Mirrleesian income taxation: A first pass," Journal of Public Economics, Elsevier, vol. 103(C), pages 1-14.
    45. ,, 2014. "A dynamic theory of electoral competition," Theoretical Economics, Econometric Society, vol. 9(2), May.
    46. Halac, Marina & Yared, Pierre, "undated". "Fiscal Rules and Discretion under Persistent Shocks," Economic Research Papers 270535, University of Warwick - Department of Economics.
    47. Bishnu, Monisankar & Wang, Min, 2013. "Voting under temptation," Economics Letters, Elsevier, vol. 118(3), pages 419-423.
    48. Aguiar, Mark & Amador, Manuel, 2016. "Fiscal policy in debt constrained economies," Journal of Economic Theory, Elsevier, vol. 161(C), pages 37-75.
    49. Mikhail Golosov & Aleh Tsyvinski & Nicolas Werquin, 2016. "Recursive Contracts and Endogenously Incomplete Markets," NBER Working Papers 22012, National Bureau of Economic Research, Inc.
    50. Bierbrauer, Felix & Sahm, Marco, 2010. "Optimal democratic mechanisms for taxation and public good provision," Journal of Public Economics, Elsevier, vol. 94(7-8), pages 453-466, August.
    51. Battaglini, Marco & Nunnari, Salvatore & Palfrey, Thomas, 2011. "Legislative bargaining and the dynamics of public investment," Discussion Papers, Research Unit: Market Behavior SP II 2011-205, WZB Berlin Social Science Center.
    52. Ricardo J. Caballero & Pierre Yared, 2008. "Inflating the Beast: Political Incentives Under Uncertainty," NBER Working Papers 13779, National Bureau of Economic Research, Inc.
    53. Sleet, Christopher & Yeltekin, Sevin, 2008. "Politically credible social insurance," Journal of Monetary Economics, Elsevier, vol. 55(1), pages 129-151, January.
    54. Dai, Darong, 2013. "Cooperative economic growth," Economic Modelling, Elsevier, vol. 33(C), pages 407-415.
    55. Octavia Foarta, 2016. "Politically Feasible Public Bailouts," 2016 Meeting Papers 1479, Society for Economic Dynamics.
    56. Grechyna, Daryna, 2016. "Political frictions and public policy outcomes," Journal of Comparative Economics, Elsevier, vol. 44(3), pages 484-495.
    57. Berliant, Marcus & Ledyard, John, 2011. "Optimal Dynamic Nonlinear Income Taxes with No Commitment," MPRA Paper 31749, University Library of Munich, Germany.
    58. Dai, Darong, 2012. "Comparative Studies on Cooperative Stochastic Differential Game and Dynamic Sequential Game of Economic Maturity," MPRA Paper 44339, University Library of Munich, Germany.
    59. Dasgupta, Dyotona & Mookherjee, Dilip, 2023. "A theory of progressive lending," Games and Economic Behavior, Elsevier, vol. 137(C), pages 211-227.
    60. Lopez-Rodriguez, David, 2011. "The scope of political redistribution with proportional income taxation," MPRA Paper 44150, University Library of Munich, Germany, revised 2012.
    61. Justin Yifu Lin & Wei Wang & Venite Zhaoyang Xu, 2021. "Catch‐up industrial policy and economic transition in China," The World Economy, Wiley Blackwell, vol. 44(3), pages 602-632, March.
    62. Marina Azzimonti, 2011. "Barriers to Investment in Polarized Societies," American Economic Review, American Economic Association, vol. 101(5), pages 2182-2204, August.
    63. Gary-Bobo, Robert J. & Auriol, Emmanuelle, 2007. "On the Optimal Number of Representatives," CEPR Discussion Papers 6417, C.E.P.R. Discussion Papers.
    64. Jean Guillaume Forand & Jan Zapal, 2017. "The Demand and Supply of Favours in Dynamic Relationships," CERGE-EI Working Papers wp605, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
    65. Opp, Marcus M., 2010. "Tariff wars in the Ricardian Model with a continuum of goods," Journal of International Economics, Elsevier, vol. 80(2), pages 212-225, March.
    66. Timothy Besley & Ethan Ilzetzki & Torsten Persson, 2013. "Weak States and Steady States: The Dynamics of Fiscal Capacity," American Economic Journal: Macroeconomics, American Economic Association, vol. 5(4), pages 205-235, October.
    67. Shi, Xiangyu, 2025. "Leaders and institutions as joint determinants of economic growth," European Journal of Political Economy, Elsevier, vol. 89(C).
    68. Hülya Eraslan & Kirill Evdokimov & Jan Zápal, 2020. "Dynamic Legislative Bargaining," ISER Discussion Paper 1090, Institute of Social and Economic Research, The University of Osaka.
    69. Simon Berset & Martin Huber & Mark Schelker, 2021. "The Fiscal Response to Revenue Shocks," CESifo Working Paper Series 8854, CESifo.
    70. Bowen, T. Renee & Anesi, Vincent, 2018. "Policy Experimentation, Redistribution and Voting Rules," CEPR Discussion Papers 12797, C.E.P.R. Discussion Papers.
    71. Besley, Timothy & Persson, Torsten, 2009. "The origins of state capacity: property rights, taxation and politics," LSE Research Online Documents on Economics 33768, London School of Economics and Political Science, LSE Library.
    72. Bård Harstad, 2020. "The Conservation Multiplier," CESifo Working Paper Series 8283, CESifo.
    73. Luisito Bertinelli & Fabio Gatti & Eric Strobl, 2025. "Colonial Governance and Resource Allocation in the British West Indies (1838–1938)," Working Papers 0281, European Historical Economics Society (EHES).

  37. Daron Acemoglu & Michael Golosov & Aleh Tsyvinski, 2006. "Markets Versus Governments: Political Economy of Mechanisms," NBER Working Papers 12224, National Bureau of Economic Research, Inc.

    Cited by:

    1. Marco Battaglini & Stephen Coate, 2008. "Fiscal Policy over the Real Business Cycle: A Positive Theory," NBER Working Papers 14047, National Bureau of Economic Research, Inc.
    2. Catarina Reis, 2007. "Taxation without Commitment," 2007 Meeting Papers 470, Society for Economic Dynamics.
    3. Daron Acemoglu & Michael Golosov & Aleh Tsyvinski, 2009. "Power Fluctuations and Political Economy," EIEF Working Papers Series 0911, Einaudi Institute for Economics and Finance (EIEF), revised Sep 2009.
    4. Dani Rodrik, 2013. "When Ideas Trump Interests : Preferences, World Views, and Policy  Innovations," Working Papers id:5558, eSocialSciences.
    5. Alexander K. Karaivanov & Fernando M. Martin, 2011. "Dynamic optimal insurance and lack of commitment," Working Papers 2011-029, Federal Reserve Bank of St. Louis.
    6. Jenny Simon, 2014. "Imperfect Financial Markets as a Commitment Device for the Government," CESifo Working Paper Series 4902, CESifo.
    7. Battaglini, Marco & Coate, Stephen, 2007. "A Dynamic Theory of Public Spending, Taxation and Debt," Working Papers 07-04, Cornell University, Center for Analytic Economics.
    8. Daron Acemoglu & Mikhail Golosov & Aleh Tsyvinski, 2007. "Political Economy of Mechanisms," Levine's Bibliography 321307000000000886, UCLA Department of Economics.
    9. Christopher Sleet & Sevin Yeltekin, 2006. "Credibility and endogenous societal discounting," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 9(3), pages 410-437, July.

  38. Mikhail Golosov & Aleh Tsyvinski, 2006. "Optimal Taxation with Endogenous Insurance Markets," Levine's Bibliography 784828000000000445, UCLA Department of Economics.

    Cited by:

    1. Yena Park, 2015. "Optimal Sovereign Debt Policy with Private Trading: Explaining Allocation Puzzle," 2015 Meeting Papers 1229, Society for Economic Dynamics.
    2. Andrea Attar & Thomas Mariotti & François Salanié, 2020. "The Social Costs of Side Trading," Working Papers hal-02538295, HAL.
    3. Ferey, Antoine & Haufler, Andreas & Perroni, Carlo, 2022. "Incentives, Globalization, and Redistribution," Rationality and Competition Discussion Paper Series 335, CRC TRR 190 Rationality and Competition.
    4. Borys Grochulski, 2008. "Optimal personal bankruptcy design : A Mirrlees approach," Working Paper 08-05, Federal Reserve Bank of Richmond.
    5. Pawel Doligalski & Abdoulaye Ndiaye & Nicolas Werquin, 2020. "Redistribution with Performance Pay," CESifo Working Paper Series 8267, CESifo.
    6. Roozbeh Hosseini & Larry E. Jones & Ali Shourideh, 2009. "Risk Sharing, Inequality and Fertility," NBER Working Papers 15111, National Bureau of Economic Research, Inc.
    7. Panetti, Ettore, 2011. "Financial liberalization and contagion with unobservable savings," MPRA Paper 29540, University Library of Munich, Germany.
    8. Matthias Fengler & Winfried Koeniger & Stephan Minger, 2024. "The Transmission of Monetary Policy to the Cost of Hedging," CESifo Working Paper Series 11556, CESifo.
    9. Stefania Albanesi & Roc Armenter, 2007. "Intertemporal Distortions in the Second best," NBER Working Papers 13629, National Bureau of Economic Research, Inc.
    10. Acemoglu, Daron & Golosov, Mikhail & Tsyvinski, Aleh, 2008. "Markets versus governments," Journal of Monetary Economics, Elsevier, vol. 55(1), pages 159-189, January.
    11. Bhandari, Anmol & Evans, David & Golosov, Mikhail & Sargent, Thomas J., 2017. "Public debt in economies with heterogeneous agents," Journal of Monetary Economics, Elsevier, vol. 91(C), pages 39-51.
    12. Mikhail Golosov & Maxim Troshkin & Aleh Tsyvinski, 2011. "Optimal Taxation: Merging Micro and Macro Approaches," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 43(s1), pages 147-174, August.
    13. Eduardo Perez & Vasiliki Skreta, 2018. "Test Design Under Falsification," Working Papers hal-03393136, HAL.
    14. Florian Scheuer, 2013. "Optimal Asset Taxes in Financial Markets with Aggregate Uncertainty," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 16(3), pages 405-420, July.
    15. Abraham, Arpad; Koehne, Sebastian; Pavoni, Nicola, 2014. "Optimal Income Taxation with Asset Accumulation," Economics Working Papers ECO2014/14, European University Institute.
    16. Borys Grochulski & Yuzhe Zhang, 2015. "Optimal Liquidity Regulation With Shadow Banking," Working Paper 15-12, Federal Reserve Bank of Richmond.
    17. Tobias Broer & Marek Kapièka & Paul Klein, 2015. "Consumption Risk Sharing with Private Information and Limited Enforcement," CERGE-EI Working Papers wp531, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
    18. Pricila Maziero, 2009. "Non-Exclusive Dynamic Contracts, Competition, and the Limits of Insurance," 2009 Meeting Papers 509, Society for Economic Dynamics.
    19. Bertola, Giuseppe & Koeniger, Winfried, 2010. "Public and Private Insurance with Costly Transactions," IZA Discussion Papers 5201, IZA Network @ LISER.
    20. Yongsung Chang & Yena Park, 2017. "Optimal Taxation with Private Insurance," Working papers 2017rwp-105, Yonsei University, Yonsei Economics Research Institute.
    21. Bellofatto, Antonio Andrés, 2025. "Wealth taxation and life expectancy," Journal of Monetary Economics, Elsevier, vol. 152(C).
    22. Thomas Philippon & Vasiliki Skreta, 2012. "Optimal Interventions in Markets with Adverse Selection," American Economic Review, American Economic Association, vol. 102(1), pages 1-28, February.
    23. Narayana R Kocherlakota, 2005. "Advances in Dynamic Optimal Taxation," Levine's Bibliography 784828000000000518, UCLA Department of Economics.
    24. Kilenthong, Weerachart T. & Townsend, Robert M., 2011. "Information-constrained optima with retrading: An externality and its market-based solution," Journal of Economic Theory, Elsevier, vol. 146(3), pages 1042-1077, May.
    25. Golosov, Mikhail & Weinzierl, Matthew & Tsyvinsky, Aleh, 2010. "Preference heterogeneity and optimal capital taxation," LSE Research Online Documents on Economics 58180, London School of Economics and Political Science, LSE Library.
    26. Golosov, Mikhail & Troshkin, Maxim & Tsyvinski, Aleh & Weinzierl, Matthew, 2013. "Preference heterogeneity and optimal capital income taxation," Journal of Public Economics, Elsevier, vol. 97(C), pages 160-175.
    27. Mikhail Golosov & Aleh Tsyvinski, 2016. "The Research Agenda: Mikhail Golosov and Aleh Tsyvinski on New Dynamic Public Finance," EconomicDynamics Newsletter, Review of Economic Dynamics, vol. 17(2), November.
    28. Catarina Goulão, 2015. "Voluntary public health insurance," Public Choice, Springer, vol. 162(1), pages 135-157, January.
    29. Alexander Tarasov & Robertas Zubrickas, 2021. "Optimal Income Taxation under Monopolistic Competition," CESifo Working Paper Series 9309, CESifo.
    30. Ozan Bakis & Baris Kaymak, 2012. "On the Optimality of Progressive Income Redistribution," Cahiers de recherche 10-2012, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
    31. Albanesi, Stefania, 2006. "Optimal Taxation of Entrepreneurial Capital with Private Information," CEPR Discussion Papers 5647, C.E.P.R. Discussion Papers.
    32. Arpad Abraham & Nicola Pavoni, 2008. "Efficient Allocations with Moral Hazard and Hidden Borrowing and Lending: A Recursive Formulation," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 11(4), pages 781-803, October.
    33. Raj Chetty, 2004. "Optimal Unemployment Insurance When Income Effects are Large," NBER Working Papers 10500, National Bureau of Economic Research, Inc.
    34. Grochulski, Borys & Piskorski, Tomasz, 2010. "Risky human capital and deferred capital income taxation," Journal of Economic Theory, Elsevier, vol. 145(3), pages 908-943, May.
    35. da Costa, Carlos E. & Maestri, Lucas J., 2007. "The risk properties of human capital and the design of government policies," European Economic Review, Elsevier, vol. 51(3), pages 695-713, April.
    36. Ozan Bakis & Baris Kaymak & Markus Poschke, 2015. "Transitional Dynamics and the Optimal Progressivity of Income Redistribution," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 18(3), pages 679-693, July.
    37. Basu, Parantap & Semenov, Andrei & Wada, Kenji, 2009. "Uninsurable Risk and Financial Market Puzzles," MPRA Paper 23351, University Library of Munich, Germany.
    38. Guler, Bulent & Taskin, Temel, 2013. "Does unemployment insurance crowd out home production?," European Economic Review, Elsevier, vol. 62(C), pages 1-16.
    39. R. Anton Braun & Harald Uhlig, 2006. "The Welfare Enhancing Effects of a Selfish Government in the Presence of Uninsuarable, Idiosyncratic Risk," CARF F-Series CARF-F-074, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
    40. Ortigueira, Salvador & Siassi, Nawid, 2013. "How important is intra-household risk sharing for savings and labor supply?," Journal of Monetary Economics, Elsevier, vol. 60(6), pages 650-666.
    41. Andrea Attar & Thomas Mariotti & François Salanié, 2022. "Competitive nonlinear pricing under adverse selection," Working Papers hal-03629592, HAL.
    42. Zhang, Yuzhe, 2009. "Dynamic contracting with persistent shocks," Journal of Economic Theory, Elsevier, vol. 144(2), pages 635-675, March.
    43. Perri, Fabrizio & Krueger, Dirk, 2010. "Public versus Private Risk Sharing," CEPR Discussion Papers 7625, C.E.P.R. Discussion Papers.
    44. Emmanuel Farhi & Mikhail Golosov & Aleh Tsyvinski, 2006. "A Theory of Liquidity and Regulation of Financial Intermediation," Levine's Bibliography 321307000000000326, UCLA Department of Economics.
    45. Raj Chetty & Amy Finkelstein, 2012. "Social Insurance: Connecting Theory to Data," NBER Working Papers 18433, National Bureau of Economic Research, Inc.
    46. Felix Bierbrauer & Marco Sahm, 2008. "Optimal Democratic Mechanisms for Taxation and Public Good Provision," Discussion Paper Series of the Max Planck Institute for Behavioral Economics 2008_09, Max Planck Institute for Behavioral Economics.
    47. Narayana R. Kocherlakota & Luigi Pistaferri, 2006. "Household Heterogeneity and Real Exchange Rates," Levine's Bibliography 122247000000001275, UCLA Department of Economics.
    48. Mikhail Golosov & Aleh Tsyvinski, 2003. "Designing Optimal Disability Insurance," Levine's Working Paper Archive 506439000000000217, David K. Levine.
    49. Ábrahám, Árpád & Koehne, Sebastian & Pavoni, Nicola, 2016. "Optimal income taxation when asset taxation is limited," Journal of Public Economics, Elsevier, vol. 136(C), pages 14-29.
    50. François Le Grand & Xavier Ragot, 2017. "Optimal Fiscal Policy with Heterogeneous Agents and Aggregate Shocks," Sciences Po Economics Publications (main) hal-03458683, HAL.
    51. Stefanie Stantcheva, 2015. "Learning and (or) Doing: Human Capital Investments and Optimal Taxation," NBER Working Papers 21381, National Bureau of Economic Research, Inc.
    52. Shu, Pian, 2015. "Asset accumulation and labor force participation of disability insurance applicants," Journal of Public Economics, Elsevier, vol. 129(C), pages 26-40.
    53. Jenny Simon, 2014. "Imperfect Financial Markets as a Commitment Device for the Government," CESifo Working Paper Series 4902, CESifo.
    54. Raj Chetty & Emmanuel Saez, 2010. "Optimal Taxation and Social Insurance with Endogenous Private Insurance," American Economic Journal: Economic Policy, American Economic Association, vol. 2(2), pages 85-114, May.
    55. Feldstein, Martin, 2008. "Effects of Taxes on Economic Behavior," Scholarly Articles 2943922, Harvard University Department of Economics.
    56. Panetti, Ettore, 2011. "Unobservable savings, risk sharing and default in the financial system," MPRA Paper 29542, University Library of Munich, Germany.
    57. da Costa, Carlos E. & Severo, Tiago, 2008. "Education, preferences for leisure and the optimal income tax schedule," Journal of Public Economics, Elsevier, vol. 92(1-2), pages 113-138, February.
    58. Chetty, Raj, 2006. "A general formula for the optimal level of social insurance," Journal of Public Economics, Elsevier, vol. 90(10-11), pages 1879-1901, November.
    59. Luigi Iovino, 2012. "Sophisticated Intermediation and Aggregate Volatility," 2012 Meeting Papers 965, Society for Economic Dynamics.
    60. Liran Einav & Amy Finkelstein & Paul Schrimpf, 2007. "The Welfare Cost of Asymmetric Information: Evidence from the U.K. Annuity Market," NBER Working Papers 13228, National Bureau of Economic Research, Inc.
    61. Narayana R. Kocherlakota, 2003. "Zero Expected Wealth Taxes: A Mirrlees Approach to Dynamic Optimal Taxation," Levine's Bibliography 666156000000000426, UCLA Department of Economics.
    62. Hosseini, Roozbeh & Jones, Larry E. & Shourideh, Ali, 2013. "Optimal contracting with dynastic altruism: Family size and per capita consumption," Journal of Economic Theory, Elsevier, vol. 148(5), pages 1806-1840.
    63. Pedro Gomis‐Porqueras & Christopher Waller, 2022. "Optimal Taxes under Private Information: The Role of Inflation," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 54(7), pages 1941-1969, October.
    64. Jenny Simon, 2014. "The Role of Imperfect Financial Markets for Social Redistribution," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 11(04), pages 32-37, January.
    65. Rochet, Jean-Charles & Biais, Bruno, 2023. "Taxing Financial Transactions: A Mirrleesian Approach," TSE Working Papers 23-1413, Toulouse School of Economics (TSE).
    66. Kilenthong, Weerachart & Townsend, Robert, 2007. "Market Based, Segregated Exchanges with Default Risk," MPRA Paper 20724, University Library of Munich, Germany, revised 12 Nov 2009.
    67. Finkelstein, Amy & Poterba, James & Rothschild, Casey, 2009. "Redistribution by insurance market regulation: Analyzing a ban on gender-based retirement annuities," Journal of Financial Economics, Elsevier, vol. 91(1), pages 38-58, January.
    68. Borys Grochulski & Yuzhe Zhang, 2019. "Optimal liquidity policy with shadow banking," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 68(4), pages 967-1015, November.
    69. Brandon Lehr, 2016. "Optimal Social Insurance for Heterogeneous Agents With Private Insurance," Journal of Risk & Insurance, The American Risk and Insurance Association, vol. 83(2), pages 301-333, June.
    70. Goulão, Catarina, 2014. "Voluntary Public Health Insurance," TSE Working Papers 14-488, Toulouse School of Economics (TSE).
    71. Jenny Simon, 2011. "Financial Markets as a Commitment Device for the Government," 2011 Meeting Papers 447, Society for Economic Dynamics.
    72. Mengus, Eric, 2023. "Asset purchase bailouts and endogenous implicit guarantees," Journal of International Economics, Elsevier, vol. 142(C).
    73. V. Filipe Martins-Da-Rocha & Toan Phan & Yiannis Vailakis, 2022. "Pecuniary Externalities in Competitive Economies with Limited Pledgeability," Working Papers hal-03909596, HAL.
    74. Landier, Augustin & Plantin, Guillaume, 2013. "Taxing the Rich," TSE Working Papers 13-514, Toulouse School of Economics (TSE).
    75. Yiqing Xing & Anqi Li, 2014. "Simple Labor Income Tax Systems with Endogenous Employment Contracts," 2014 Meeting Papers 866, Society for Economic Dynamics.
    76. Mikhail Golosov & Aleh Tsyvinski, 2006. "Designing Optimal Disability Insurance: A Case for Asset Testing," Journal of Political Economy, University of Chicago Press, vol. 114(2), pages 257-279, April.
    77. Skreta, Vasiliki & Perez-Richet, Eduardo, 2017. "Information Design under Falsification," CEPR Discussion Papers 12271, C.E.P.R. Discussion Papers.
    78. Juin‐Jen Chang & Hsueh‐Fang Tsai & Tsung‐Sheng Tsai, 2019. "Optimal Dynamic Taxation with Distinctive Forms of Social Status Attainment," Scandinavian Journal of Economics, Wiley Blackwell, vol. 121(2), pages 808-842, April.
    79. Anderberg, Dan, 2009. "Optimal policy and the risk properties of human capital reconsidered," Journal of Public Economics, Elsevier, vol. 93(9-10), pages 1017-1026, October.
    80. Panetti, Ettore, 2011. "A Theory of Bank Illiquidity and Default with Hidden Trades," MPRA Paper 43799, University Library of Munich, Germany, revised May 2012.
    81. Carvajal, Andrés & Thereze, João, 2023. "Insurance contracts and financial markets," Mathematical Social Sciences, Elsevier, vol. 121(C), pages 8-19.
    82. Daron Acemoglu & Alp Simsek, 2010. "Moral Hazard and Efficiency in General Equilibrium with Anonymous Trading," Levine's Working Paper Archive 661465000000000232, David K. Levine.
    83. Weerachart Kilenthong & Robert Townsend, 2014. "Segregated Security Exchanges with Ex Ante Rights to Trade: A Market-Based Solution to Collateral-Constrained Externalities," NBER Working Papers 20086, National Bureau of Economic Research, Inc.
    84. Giuseppe Bertola & Winfried Koeniger, 2015. "Hidden insurance in a moral-hazard economy," RAND Journal of Economics, RAND Corporation, vol. 46(4), pages 777-790, October.
    85. Mariotti, Thomas & Attar, Andrea & Salanié, François, 2016. "Multiple Contracting in Insurance Markets," CEPR Discussion Papers 11631, C.E.P.R. Discussion Papers.
    86. Doligalski, Paweł & Rojas, Luis E., 2023. "Optimal redistribution with a shadow economy," Theoretical Economics, Econometric Society, vol. 18(2), May.
    87. Panetti, Ettore, 2014. "Financial liberalization and contagion with unobservable savings," International Review of Financial Analysis, Elsevier, vol. 36(C), pages 20-35.
    88. Alberto Bisin & John Geanakoplos & Piero Gottardi & Enrico Minelli & Heracles Polemarchakis, 2009. "Markets and Contracts," Working Papers 0915, University of Brescia, Department of Economics.
    89. Guo, Lu & Yan, Chong, 2021. "Optimal Taxation in the Endogenous Growth Framework with the Private Information," MPRA Paper 109548, University Library of Munich, Germany.
    90. Laussel, Didier & Long, Ngo Van & Resende, Joana, 2020. "Quality and price personalization under customer recognition: A dynamic monopoly model with contrasting equilibria," Journal of Economic Dynamics and Control, Elsevier, vol. 114(C).
    91. Dirk Krueger & Fulin Li & Harald Uhlig, 2024. "Neoclassical Growth Transition Dynamics with One-Sided Commitment," PIER Working Paper Archive 24-020, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    92. Stefanie Stantcheva, 2020. "Dynamic Taxation," Annual Review of Economics, Annual Reviews, vol. 12(1), pages 801-831, August.
    93. Golosov, M. & Tsyvinski, A. & Werquin, N., 2016. "Recursive Contracts and Endogenously Incomplete Markets," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 725-841, Elsevier.
    94. Carlos E. da Costa, 2009. "Yet Another Reason to Tax Goods," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 12(2), pages 363-376, April.
    95. Sachs, Dominik & Findeisen, Sebastian, 2015. "Insurance and Redistribution with Simple Tax Instruments," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 113099, Verein für Socialpolitik / German Economic Association.
    96. Bertola, Giuseppe & Koeniger, Winfried, 2014. "On the validity of the first-order approach with moral hazard and hidden assets," Economics Letters, Elsevier, vol. 124(3), pages 402-405.
    97. Roozbeh Hosseini, 2015. "Adverse Selection in the Annuity Market and the Role for Social Security," Journal of Political Economy, University of Chicago Press, vol. 123(4), pages 941-984.

  39. Mikhail Golosov & Aleh Tsyvinski, 2005. "Designing Optimal Disability Insurance: A Case for Asset Testing," Levine's Bibliography 784828000000000450, UCLA Department of Economics.

    Cited by:

    1. Borys Grochulski & Narayana Kocherlakota, 2007. "Nonseparable Preferences and Optimal Social Security Systems," NBER Working Papers 13362, National Bureau of Economic Research, Inc.
    2. Amy Finkelstein & Erzo F.P. Luttmer & Matthew J. Notowidigdo, 2008. "What Good Is Wealth Without Health? The Effect of Health on the Marginal Utility of Consumption," NBER Working Papers 14089, National Bureau of Economic Research, Inc.
    3. Koehne, Sebastian & Kuhn, Moritz, 2015. "Optimal taxation in a habit formation economy," Journal of Public Economics, Elsevier, vol. 122(C), pages 31-39.
    4. Felix Wellschmied, 2021. "The welfare effects of asset mean‐testing income support," Quantitative Economics, Econometric Society, vol. 12(1), pages 217-249, January.
    5. Hamish Low & Luigi Pistaferri, 2020. "Disability Insurance: Theoretical Trade‐Offs and Empirical Evidence," Fiscal Studies, John Wiley & Sons, vol. 41(1), pages 129-164, March.
    6. Borys Grochulski, 2008. "Optimal personal bankruptcy design : A Mirrlees approach," Working Paper 08-05, Federal Reserve Bank of Richmond.
    7. Roozbeh Hosseini & Larry E. Jones & Ali Shourideh, 2009. "Risk Sharing, Inequality and Fertility," NBER Working Papers 15111, National Bureau of Economic Research, Inc.
    8. Pierpaolo Giannoccolo & Silvia Platoni, 2023. "Temporary versus permanent disability: A dynamic incentives model," Metroeconomica, Wiley Blackwell, vol. 74(4), pages 698-721, November.
    9. Stefania Albanesi & Roc Armenter, 2007. "Intertemporal Distortions in the Second best," NBER Working Papers 13629, National Bureau of Economic Research, Inc.
    10. Acemoglu, Daron & Golosov, Mikhail & Tsyvinski, Aleh, 2008. "Markets versus governments," Journal of Monetary Economics, Elsevier, vol. 55(1), pages 159-189, January.
    11. Long, Ngo Van, 2019. "Financing higher education in an imperfect world," Economics of Education Review, Elsevier, vol. 71(C), pages 23-31.
    12. Garrett Anstreicher, 2021. "Does increasing health care access reduce disability insurance caseloads? Evidence from the rural United States," Health Economics, John Wiley & Sons, Ltd., vol. 30(4), pages 786-802, April.
    13. Mikhail Golosov & Maxim Troshkin & Aleh Tsyvinski, 2011. "Optimal Dynamic Taxes," NBER Working Papers 17642, National Bureau of Economic Research, Inc.
    14. Athreya, Kartik B. & Simpson, Nicole B., 2006. "Unsecured debt with public insurance: From bad to worse," Journal of Monetary Economics, Elsevier, vol. 53(4), pages 797-825, May.
    15. Tobias Laun, 2020. "Optimal Social Insurance with Endogenous Health," Scandinavian Journal of Economics, Wiley Blackwell, vol. 122(2), pages 464-493, April.
    16. Oliver Denk & Jean-Baptiste Michau, 2013. "Optimal Social Security with Imperfect Tagging," Working Papers hal-00796521, HAL.
    17. Laurence Ales & Pricila Maziero, 2008. "Accounting for private information," Working Papers 663, Federal Reserve Bank of Minneapolis.
    18. Mikhail Golosov & Maxim Troshkin & Aleh Tsyvinski, 2011. "Optimal Taxation: Merging Micro and Macro Approaches," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 43(s1), pages 147-174, August.
    19. Florian Scheuer, 2013. "Optimal Asset Taxes in Financial Markets with Aggregate Uncertainty," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 16(3), pages 405-420, July.
    20. Juergen Jung & Chung Tran, 2015. "Social Health Insurance: A Quantitative Exploration," ANU Working Papers in Economics and Econometrics 2015-629, Australian National University, College of Business and Economics, School of Economics.
    21. Lindbeck, Assar & Persson, Mats, 2008. "A Continuous Model of Income Insurance," Seminar Papers 756, Stockholm University, Institute for International Economic Studies.
    22. Mikhail Golosov & Maxim Troshkin & Aleh Tsyvinski & Matthew Weinzierl, 2010. "Preference Heterogeneity and Optimal Capital Income Taxation," NBER Working Papers 16619, National Bureau of Economic Research, Inc.
    23. Manasi Deshpande & Rebecca Dizon-Ross, 2023. "The (Lack of) Anticipatory Effects of the Social Safety Net on Human Capital Investment," NBER Working Papers 31512, National Bureau of Economic Research, Inc.
    24. Steven P. Cassou & Arantza Gorostiaga, 2009. "Optimal Fiscal Policy in a Multisector Model: The Price Consequences of Government Spending," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 11(2), pages 177-201, April.
    25. Assar Lindbeck & Mats Persson, 2010. "A Continuous Theory of Income Insurance," CESifo Working Paper Series 3097, CESifo.
    26. Määttänen, Niku & Poutvaara, Panu, 2006. "Should Old-age Benefits Be Earnings-tested," Discussion Papers 1062, The Research Institute of the Finnish Economy.
    27. Findeisen, Sebastian & Sachs, Dominik, 2015. "Education and Optimal Dynamic Taxation: The Role of Income-Contingent Student Loans," CEPR Discussion Papers 10622, C.E.P.R. Discussion Papers.
    28. Hamish Low & Luigi Pistaferri, 2014. "Disability Insurance and the Dynamics of the Incentive-Insurance Tradeoff," Cambridge Working Papers in Economics 1420, Faculty of Economics, University of Cambridge.
    29. Harold L Cole & Jeremy Greenwood & Juan M Sanchez, 2014. "Why Doesn't Technology Flow from Rich to Poor Countries?," Economie d'Avant Garde Research Reports 25, Economie d'Avant Garde.
    30. Pestieau, Pierre & Cremer, Helmuth & Lozachmeur, Jean-Marie, 2006. "Social Security and Retirement Decision: A Positive and Normative Approach," CEPR Discussion Papers 5542, C.E.P.R. Discussion Papers.
    31. Mikhail Golosov & Aleh Tsyvinski, 2016. "The Research Agenda: Mikhail Golosov and Aleh Tsyvinski on New Dynamic Public Finance," EconomicDynamics Newsletter, Review of Economic Dynamics, vol. 17(2), November.
    32. David L. Fuller & B. Ravikumar & Yuzhe Zhang, 2012. "Unemployment insurance fraud and optimal monitoring," Working Papers 2012-024, Federal Reserve Bank of St. Louis.
    33. Jean-Baptiste Michau, 2011. "Optimal Redistribution with Intensive and Extensive Labor Supply Margins: A Life-Cycle Perspective," Working Papers hal-00639121, HAL.
    34. Chung Tran & Alan Woodland, 2011. "Trade-Offs in Means Tested Pension Design," ANU Working Papers in Economics and Econometrics 2011-550, Australian National University, College of Business and Economics, School of Economics.
    35. Takao Kataoka & Yoshihiro Takamatsu, 2024. "Optimal labor income taxation and asset distribution in an economy with no insurance market and extensive labor supply responses," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 31(6), pages 1611-1639, December.
    36. Nicholas Lawson, 2013. "Fiscal Externalities and Optimal Unemployment Insurance," AMSE Working Papers 1357, Aix-Marseille School of Economics, France, revised 21 Nov 2013.
    37. Janet Currie & Firouz Gahvari, 2007. "Transfers in Cash and In Kind: Theory Meets the Data," NBER Working Papers 13557, National Bureau of Economic Research, Inc.
    38. Tomi T. Kortela, 2011. "On the costs of disability insurance," 2011 Meeting Papers 445, Society for Economic Dynamics.
    39. Bierbrauer Felix J., 2016. "Effizienz oder Gerechtigkeit?: Ungleiche Einkommen, ungleiche Vermögen und Optimale Steuern," Perspektiven der Wirtschaftspolitik, De Gruyter, vol. 17(1), pages 2-24, April.
    40. Yuzhe Zhang, 2005. "Dynamic contracting, persistent shocks and optimal taxation," Working Papers 640, Federal Reserve Bank of Minneapolis.
    41. Albanesi, Stefania, 2006. "Optimal Taxation of Entrepreneurial Capital with Private Information," CEPR Discussion Papers 5647, C.E.P.R. Discussion Papers.
    42. Xiaojun Zhao, 2015. "Optimal Income Taxations with Information Asymmetry: The Lagrange Multiplier Approach," Annals of Economics and Finance, Society for AEF, vol. 16(1), pages 199-229, May.
    43. Nicholas Lawson, 2014. "Social Program Substitution and Optimal Policy," AMSE Working Papers 1417, Aix-Marseille School of Economics, France, revised 16 May 2014.
    44. Felix Bierbrauer, 2016. "Effizienz oder Gerechtigkeit? Ungleiche Einkommen, ungleiche Vermögen und die Theorie der optimalen Besteuerung," Discussion Paper Series of the Max Planck Institute for Behavioral Economics 2016_03, Max Planck Institute for Behavioral Economics.
    45. Grochulski, Borys & Piskorski, Tomasz, 2010. "Risky human capital and deferred capital income taxation," Journal of Economic Theory, Elsevier, vol. 145(3), pages 908-943, May.
    46. da Costa, Carlos E. & Maestri, Lucas J., 2007. "The risk properties of human capital and the design of government policies," European Economic Review, Elsevier, vol. 51(3), pages 695-713, April.
    47. Moritz Kuhn & Sebastian Koehne, 2013. "Optimal capital taxation for time-nonseparable preferences," 2013 Meeting Papers 322, Society for Economic Dynamics.
    48. Mathias Trabandt, 2007. "Optimal Pre-Announced Tax Reform Revisited," Economics Working Papers ECO2007/52, European University Institute.
    49. Peter A. Diamond, 2009. "Taxes and Pensions," CESifo Working Paper Series 2636, CESifo.
    50. Cassou, Steven P. & Gorostiaga Alonso, Miren Arantzazu, 2007. "Optimal fiscal policy in a multisector model with minimum expenditure requirements," DFAEII Working Papers 1988-088X, University of the Basque Country - Department of Foundations of Economic Analysis II.
    51. Zhang, Yuzhe, 2009. "Dynamic contracting with persistent shocks," Journal of Economic Theory, Elsevier, vol. 144(2), pages 635-675, March.
    52. Cagri Seda Kumru & John Piggott, 2012. "Optimal Capital Income Taxation with Means-tested Benefits," Working Papers 201215, ARC Centre of Excellence in Population Ageing Research (CEPAR), Australian School of Business, University of New South Wales.
    53. Alexander Gelber & Matthew Weinzierl, 2012. "Equalizing Outcomes vs. Equalizing Opportunities: Optimal Taxation when Children's Abilities Depend on Parents' Resources," Harvard Business School Working Papers 13-014, Harvard Business School, revised Mar 2014.
    54. Kemptner, Daniel, 2019. "Health-related life cycle risks and public insurance," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 65, pages 227-245.
    55. Noah Williams, 2008. "Persistent Private Information," 2008 Meeting Papers 360, Society for Economic Dynamics.
    56. Naoki Aizawa & Serena Rhee & Soojin Kim, 2018. "Labor Market Screening and Social Insurance Program Design for the Disabled," 2018 Meeting Papers 359, Society for Economic Dynamics.
    57. Thomas Mertens & Roc Armenter, 2009. "State Verification and the Incentives to Save," 2009 Meeting Papers 289, Society for Economic Dynamics.
    58. Kyung-woo Lee, 2019. "Optimal Partial and Full Disability Insurance with an Application to Korea," Korean Economic Review, Korean Economic Association, vol. 35, pages 61-107.
    59. Michau, Jean-Baptiste, 2014. "Optimal redistribution: A life-cycle perspective," Journal of Public Economics, Elsevier, vol. 111(C), pages 1-16.
    60. Svetlana Pashchenko & Ponpoje Porapakkarm, 2016. "Work Incentives of Medicaid Beneficiaries and the Role of Asset Testing," Working Papers 2016-016, Human Capital and Economic Opportunity Working Group.
    61. Takao Kataoka & Yoshihiro Takamatsu, 2020. "Optimal age‐dependent income taxation in a dynamic extensive model: The case for negative participation tax on young people," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 22(5), pages 1338-1367, September.
    62. Mark Huggett (Georgetown University) and Juan Carlos Parra (Georgetown University), 2005. "Quantifying the Inefficiency of the US Social Insurance System," Working Papers gueconwpa~05-05-16, Georgetown University, Department of Economics.
    63. Li, Anqi & Xing, Yiqing, 2020. "Intermediated implementation," European Economic Review, Elsevier, vol. 123(C).
    64. Borys Grochulski, 2011. "On the optimality of Ramsey taxes in Mirrlees economies," 2011 Meeting Papers 883, Society for Economic Dynamics.
    65. Mikhail Golosov & Luigi Iovino, 2014. "Social Insurance, Information Revelation, and Lack of Commitment," NBER Working Papers 20633, National Bureau of Economic Research, Inc.
    66. Shu, Pian, 2015. "Asset accumulation and labor force participation of disability insurance applicants," Journal of Public Economics, Elsevier, vol. 129(C), pages 26-40.
    67. Abdoulaye Ndiaye, 2017. "Flexible Retirement and Optimal Taxation," Working Paper Series WP-2018-18, Federal Reserve Bank of Chicago.
    68. N. Gregory Mankiw & Matthew Weinzierl & Danny Yagan, 2009. "Optimal Taxation in Theory and Practice," Journal of Economic Perspectives, American Economic Association, vol. 23(4), pages 147-174, Fall.
    69. Koehne, Sebastian & Kuhn, Moritz, 2013. "Should Unemployment Insurance Be Asset-Tested?," IZA Discussion Papers 7488, IZA Network @ LISER.
    70. Iswahyudi, Heru, 2020. "The problem of gross receipts taxes in Indonesia: Economic distortions and policy options," MPRA Paper 100617, University Library of Munich, Germany.
    71. David H. Autor & Mark G. Duggan, 2006. "The Growth in the Social Security Disability Rolls: A Fiscal Crisis Unfolding," Journal of Economic Perspectives, American Economic Association, vol. 20(3), pages 71-96, Summer.
    72. Amanda E. Kowalski, 2015. "What Do Longitudinal Data on Millions of Hospital Visits Tell Us about the Value of Public Health Insurance as a Safety Net for the Young and Privately Insured"," Cowles Foundation Discussion Papers 1983, Cowles Foundation for Research in Economics, Yale University.
    73. Amanda M. Michaud & David Wiczer, 2014. "Occupational hazards and social disability insurance," Working Papers 2014-24, Federal Reserve Bank of St. Louis.
    74. Halac, Marina & Yared, Pierre, 2013. "Fiscal Rules and Discretion under Persistent Shocks," The Warwick Economics Research Paper Series (TWERPS) 1014, University of Warwick, Department of Economics.
    75. Naoki Aizawa & Soojin Kim & Serena Rhee, 2020. "Labor Market Screening and the Design of Social Insurance: An Equilibrium Analysis of the Labor Market for the Disabled," NBER Working Papers 27478, National Bureau of Economic Research, Inc.
    76. Jacobs, Bas & Schindler, Dirk, 2012. "On the desirability of taxing capital income in optimal social insurance," Journal of Public Economics, Elsevier, vol. 96(9-10), pages 853-868.
    77. Hamish Low & Luigi Pistaferri, 2010. "Disability risk, disability insurance and life cycle behavior," IFS Working Papers W10/11, Institute for Fiscal Studies.
    78. Pontus Rendahl, 2012. "Asset‐Based Unemployment Insurance," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 53(3), pages 743-770, August.
    79. Ferey, Antoine, 2022. "Redistribution and Unemployment Insurance," Rationality and Competition Discussion Paper Series 345, CRC TRR 190 Rationality and Competition.
    80. Mark Huggett & Juan Carols Parra, 2006. "How Well Does the US Social Insurance System Provide Social Insurance?," Working Papers gueconwpa~06-06-11, Georgetown University, Department of Economics.
    81. Holen , Dag S., 2007. "Disabillity Pension Motivated Income Adjustment," Memorandum 17/2008, Oslo University, Department of Economics.
    82. Lahiri, Kajal & Song, Jae & Wixon, Bernard, 2008. "A model of Social Security Disability Insurance using matched SIPP/Administrative data," Journal of Econometrics, Elsevier, vol. 145(1-2), pages 4-20, July.
    83. R. Anton Braun & Karen A. Kopecky & Tatyana Koreshkova, 2013. "Old, sick, alone, and poor: a welfare analysis of old-age social insurance programs," FRB Atlanta Working Paper 2013-02, Federal Reserve Bank of Atlanta.
    84. Peter Diamond & Emmanuel Saez, 2011. "The Case for a Progressive Tax: From Basic Research to Policy Recommendations," Journal of Economic Perspectives, American Economic Association, vol. 25(4), pages 165-190, Fall.
    85. Mikhail Golosov & Aleh Tsyvinski & Nicolas Werquin, 2016. "Recursive Contracts and Endogenously Incomplete Markets," NBER Working Papers 22012, National Bureau of Economic Research, Inc.
    86. Alexander M. Gelber & Matthew C. Weinzierl, 2012. "Equalizing Outcomes and Equalizing Opportunities: Optimal Taxation when Children's Abilities Depend on Parents' Resources," NBER Working Papers 18332, National Bureau of Economic Research, Inc.
    87. Hosseini, Roozbeh & Jones, Larry E. & Shourideh, Ali, 2013. "Optimal contracting with dynastic altruism: Family size and per capita consumption," Journal of Economic Theory, Elsevier, vol. 148(5), pages 1806-1840.
    88. Pedro Gomis‐Porqueras & Christopher Waller, 2022. "Optimal Taxes under Private Information: The Role of Inflation," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 54(7), pages 1941-1969, October.
    89. Ho Christine, 2019. "Optimal Disability Insurance with Informal Child Care," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 19(2), pages 1-42, April.
    90. Armenter, Roc & Mertens, Thomas M., 2013. "Fraud deterrence in dynamic Mirrleesian economies," Journal of Monetary Economics, Elsevier, vol. 60(2), pages 139-151.
    91. Juergen Jung & Chung Tran, 2019. "Health Risk, Insurance and Optimal Progressive Income Taxation," 2019 Meeting Papers 620, Society for Economic Dynamics.
    92. Manasi Deshpande & Yue Li, 2019. "Who Is Screened Out? Application Costs and the Targeting of Disability Programs," American Economic Journal: Economic Policy, American Economic Association, vol. 11(4), pages 213-248, November.
    93. J. C. Parra & M. Huggett, 2005. "Quantifying the Inefficiency of the US Social Security System," Computing in Economics and Finance 2005 70, Society for Computational Economics.
    94. Cole, Harold L. & Krueger, Dirk & Mailath, George J. & Park, Yena, 2023. "Trust in risk sharing: A double-edged sword," CFS Working Paper Series 697, Center for Financial Studies (CFS).
    95. Borys Grochulski, 2008. "Limits to redistribution and intertemporal wedges : implications of Pareto optimality with private information," Economic Quarterly, Federal Reserve Bank of Richmond, vol. 94(Spr), pages 173-196.
    96. Ponpoje (Poe) Porapakkarm & Svetlana Pashchenko, 2013. "Labor Supply Incentives of Medicaid," 2013 Meeting Papers 1082, Society for Economic Dynamics.
    97. Leonardo Becchetti & Fabio Pisani, 2021. "When Money Matters More: Long‐Term Illness and the Income/Life Satisfaction Slope," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 67(3), pages 616-638, September.
    98. Narayana R. Kocherlakota, 2010. "Introduction," Introductory Chapters, in: The New Dynamic Public Finance, Princeton University Press.
    99. Weinzierl, Matthew, 2014. "The promise of positive optimal taxation: normative diversity and a role for equal sacrifice," Journal of Public Economics, Elsevier, vol. 118(C), pages 128-142.
    100. Mikhail Golosov & Maxim Troshkin & Aleh Tsyvinski, 2016. "Redistribution and Social Insurance," American Economic Review, American Economic Association, vol. 106(2), pages 359-386, February.
    101. Pian Shu, 2013. "Asset Accumulation and Labor Force Participation of Disability Insurance Applicants," Harvard Business School Working Papers 14-008, Harvard Business School.
    102. Anderberg, Dan, 2009. "Optimal policy and the risk properties of human capital reconsidered," Journal of Public Economics, Elsevier, vol. 93(9-10), pages 1017-1026, October.
    103. Alex Bloedel & R. Vijay Krishna & Oksana Leukhina, 2018. "Insurance and Inequality with Persistent Private Information," Working Papers 2018-020, Federal Reserve Bank of St. Louis, revised 11 Aug 2024.
    104. Bas Jacobs & Dirk Schindler, 2009. "On the Desirability of Taxing Capital Income to Reduce Moral Hazard in Social Insurance," CESifo Working Paper Series 2806, CESifo.
    105. Guo, Lu & Yang, Wei, 2020. "The existence and uniqueness of the steady equilibrium in the endogenous economic growth model," MPRA Paper 100703, University Library of Munich, Germany.
    106. Maxim Troshkin & Ali Shourideh, 2014. "Providing Efficient Incentives to Work: Retirement Ages and the Pension System," 2014 Meeting Papers 1319, Society for Economic Dynamics.
    107. Marco Bassetto & Christopher Phelan, 2006. "Tax riots," Working Paper Series WP-06-04, Federal Reserve Bank of Chicago.
    108. Kitao, Sagiri, 2010. "Labor-dependent capital income taxation," Journal of Monetary Economics, Elsevier, vol. 57(8), pages 959-974, November.
    109. Juergen Jung & Chung Tran, 2018. "Optimal Progressive Income Taxation in a Bewley-Grossman Framework," ANU Working Papers in Economics and Econometrics 2018-662, Australian National University, College of Business and Economics, School of Economics.
    110. Xiaoyu Wang & Chunan Wang, 2020. "How Does Health Status Affect Marginal Utility of Consumption? Evidence from China," IJERPH, MDPI, vol. 17(7), pages 1-20, March.
    111. Moser, Christian & Olea de Souza e Silva, Pedro, 2019. "Optimal Paternalistic Savings Policies," MPRA Paper 95383, University Library of Munich, Germany.
    112. Guo, Lu & Yan, Chong, 2021. "Optimal Taxation in the Endogenous Growth Framework with the Private Information," MPRA Paper 109548, University Library of Munich, Germany.
    113. Frank N. Caliendo & Maria Casanova & Aspen Gorry & Sita Slavov, 2016. "The Welfare Cost of Retirement Uncertainty," NBER Working Papers 22609, National Bureau of Economic Research, Inc.
    114. Laussel, Didier & Long, Ngo Van & Resende, Joana, 2020. "Quality and price personalization under customer recognition: A dynamic monopoly model with contrasting equilibria," Journal of Economic Dynamics and Control, Elsevier, vol. 114(C).
    115. Sebastian Koehne & Nicola Pavoni & Arpad Abraham, 2011. "Optimal Income Taxation with Asset Accumulation," 2011 Meeting Papers 1161, Society for Economic Dynamics.
    116. Stavros Panageas, 2010. "Optimal retirement benefit guarantees," NBER Working Papers 15805, National Bureau of Economic Research, Inc.
    117. B. Ravikumar & Yuzhe Zhang, 2011. "Optimal auditing and insurance in a dynamic model of tax compliance," Working Papers 2011-020, Federal Reserve Bank of St. Louis.
    118. Emmanuel Farhi & Iván Werning, 2012. "Capital Taxation: Quantitative Explorations of the Inverse Euler Equation," Journal of Political Economy, University of Chicago Press, vol. 120(3), pages 000.
    119. Alexander Karaivanov & Robert M. Townsend, 2013. "Dynamic Financial Constraints: Distinguishing Mechanism Design from Exogenously Incomplete Regimes," NBER Working Papers 19617, National Bureau of Economic Research, Inc.
    120. Lee, Kyung-woo, 2015. "Optimal disability insurance with unobservable skill heterogeneity," Journal of Public Economics, Elsevier, vol. 122(C), pages 94-109.
    121. Borys Grochulski & Yuzhe Zhang, 2014. "Optimal Institutions in Economies with Private Information: Exclusive Contracts, Taxes, and Bankruptcy Law," Economic Quarterly, Federal Reserve Bank of Richmond, issue 4Q, pages 353-385.
    122. Alessandro Fedele & Luca Panaccione, 2015. "Pay package reshuffling and managerial incentives: A principal-agent analysis," BEMPS - Bozen Economics & Management Paper Series BEMPS28, Faculty of Economics and Management at the Free University of Bozen.
    123. Harold L. Cole & Dirk Krueger & George J. Mailath & Yena Park, 2021. "Social Capital: A Double-Edged Sword," ECONtribute Discussion Papers Series 064, University of Bonn and University of Cologne, Germany.
    124. Roozbeh Hosseini, 2008. "Adverse Selection in the Annuity Market and the Role for Social Security," 2008 Meeting Papers 264, Society for Economic Dynamics.
    125. Cagri S. Kumru & John Piggott & Athanasios C. Thanopoulos, 2015. "A Note on Resource Testing and Temptation," Working Papers wp340, University of Michigan, Michigan Retirement Research Center.
    126. Frank Caliendo & Maria Casanova & Aspen Gorry & Sita Nataraj Slavov, 2023. "Retirement Timing Uncertainty: Empirical Evidence and Quantitative Evaluation," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 51, pages 226-266, December.

  40. Mikhail Golosov & Larry E Jones & Michèle Tertilt, 2003. "Effciency with Endogenous Population Growth," Levine's Working Paper Archive 666156000000000310, David K. Levine.

    Cited by:

    1. Doepke, M. & Tertilt, M., 2016. "Families in Macroeconomics," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 1789-1891, Elsevier.
    2. Nakakuni, Kanato, 2024. "Macroeconomic analysis of the child benefit: Fertility, demographic structure, and welfare," Journal of the Japanese and International Economies, Elsevier, vol. 73(C).
    3. Meier, Volker & Wrede, Matthias, 2010. "Pensions, fertility, and education," Journal of Pension Economics and Finance, Cambridge University Press, vol. 9(1), pages 75-93, January.
    4. Cordoba, Juan Carlos & Ripoll, Marla, 2014. "The Elasticity of Intergenerational Substitution, Parental Altruism, and Fertility Choice," Staff General Research Papers Archive 37765, Iowa State University, Department of Economics.
    5. J. Ignacio Conde-Ruiz & Eduardo L. Gimenez & Mikel Perez-Nievas, 2006. "Millian Efficiency with Endogenous Fertility," Documentos de trabajo - Analise Economica 0037, IDEGA - Instituto Universitario de Estudios e Desenvolvemento de Galicia.
    6. Todd Schoellman & Michèle Tertilt, 2006. "Marriage Laws and Growth in Sub-Saharan Africa," American Economic Review, American Economic Association, vol. 96(2), pages 295-298, May.
    7. Birchenall, Javier A. & Soares, Rodrigo R., 2009. "Altruism, fertility, and the value of children: Health policy evaluation and intergenerational welfare," Journal of Public Economics, Elsevier, vol. 93(1-2), pages 280-295, February.
    8. Gregory Ponthiere, 2016. "Utilitarian population ethics and births timing," Journal of Economics, Springer, vol. 117(3), pages 189-238, April.
    9. Liao, Pei-Ju, 2013. "The one-child policy: A macroeconomic analysis," Journal of Development Economics, Elsevier, vol. 101(C), pages 49-62.
    10. Alexander Ludwig & Michael Reiter, 2008. "Sharing Demographic Risk – Who is Afraid of the Baby Bust?," CESifo Working Paper Series 2422, CESifo.
    11. Bishnu, Monisankar & Garg, Shresth & Garg, Tishara & Ray, Tridip, 2023. "Intergenerational transfers: Public education and pensions with endogenous fertility," Journal of Economic Dynamics and Control, Elsevier, vol. 153(C).
    12. Fanti, Luciano & Gori, Luca & Tramontana, Fabio, 2011. "Endogenous lifetime, accidental bequests and economic growth," MPRA Paper 34647, University Library of Munich, Germany.
    13. Schoonbroodt, Alice & Tertilt, Michèle, 2014. "Property rights and efficiency in OLG models with endogenous fertility," Journal of Economic Theory, Elsevier, vol. 150(C), pages 551-582.
    14. Mikhail Golosov & Larry E. Jones & Michele Tertilt, 2004. "Efficiency with endogenous population growth," Working Papers 630, Federal Reserve Bank of Minneapolis.
    15. Matthias Doepke, 2013. "Exploitation, altruism, and social welfare," Politics, Philosophy & Economics, , vol. 12(4), pages 375-391, November.
    16. Anna Gdakowicz & Malgorzata Guzowska & Marta Hozer-Koćmiel & Leszek Gracz, 2023. "Gender Equality and Economic Growth in BSR and EAP Countries: A Quantitative Approach," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 354-378.
    17. Paolo Giovanni Piacquadio, 2025. "Intergenerational Population Ethics," CESifo Working Paper Series 12106, CESifo.
    18. Firouz Gahvari, 2009. "Pensions and fertility: in search of a link," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 16(4), pages 418-442, August.
    19. Nicholas Lawson & Dean Spears, 2018. "Optimal population and exhaustible resource constraints," Journal of Population Economics, Springer;European Society for Population Economics, vol. 31(1), pages 295-335, January.
    20. Reyer Gerlagh & Veronica Lupi & Marzio Galeotti, 2023. "Fertility and climate change," Scandinavian Journal of Economics, Wiley Blackwell, vol. 125(1), pages 208-252, January.
    21. Ronald R. Kumar & Peter J. Stauvermann, 2019. "The Effects of a Revenue-Neutral Child Subsidy Tax Mechanism on Growth and GHG Emissions," Sustainability, MDPI, vol. 11(9), pages 1-23, May.
    22. Giorgio Fabbri & Raouf Boucekkiney & Fausto Gozzi, 2012. "Egalitarism Under Population Change: the Role of Growth and Lifetime Span," DEGIT Conference Papers c017_007, DEGIT, Dynamics, Economic Growth, and International Trade.
    23. Michèle Tertilt, 2012. "The Research Agenda: Michèle Tertilt on Gender in Macroeconomics," EconomicDynamics Newsletter, Review of Economic Dynamics, vol. 14(1), November.
    24. Alice Schoonbroodt & Michèle Tertilt, 2010. "Who Owns Children and Does it Matter?," NBER Working Papers 15663, National Bureau of Economic Research, Inc.
    25. Lukas Mahler & Michéle Tertilt & Minchul Yum, 2025. "Policy Concerns in an Era of Low Fertility: The Role of Social Comparisons and Intensive Parenting," CRC TR 224 Discussion Paper Series crctr224_2025_705, University of Bonn and University of Mannheim, Germany.
    26. Quamrul H. Ashraf & David N. Weil & Joshua Wilde, 2011. "The Effect of Interventions to Reduce Fertility on Economic Growth," Working Papers 2011-14, Brown University, Department of Economics.
    27. Philippe Michel & Bertrand Wigniolle, 2007. "On Efficient Child Making," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00185259, HAL.
    28. Dávila, Julio & Leroux, Marie-Louise, 2015. "Efficiency in overlapping generations economies with longevity choices and fair annuities," Journal of Macroeconomics, Elsevier, vol. 45(C), pages 363-383.
    29. Lagerlöf, Nils-Petter, 2013. "Violence and property rights," Journal of Economic Dynamics and Control, Elsevier, vol. 37(1), pages 312-328.
    30. Volha Belush & Radim Bohacek, 2009. "Social Security Reform in a Dynastic Life-Cycle Model with Endogenous Fertility," 2009 Meeting Papers 453, Society for Economic Dynamics.
    31. David, DE LA CROIX & Axel, GOSSERIES, 2006. "Population Policy through Tradable Procreation Entitlements," Discussion Papers (ECON - Département des Sciences Economiques) 2006040, Université catholique de Louvain, Département des Sciences Economiques.
    32. Luciano Fanti & Luca Gori, 2010. "Family Policies And The Optimal Population Growth Rate: Closed And Small Open Economies," Metroeconomica, Wiley Blackwell, vol. 61(1), pages 96-123, February.
    33. Bandyopadhyay, Debasis & La Pere, Anatoly, 2020. "Raising productivity with pension premium," Economic Modelling, Elsevier, vol. 92(C), pages 295-308.
    34. Musab Kurnaz, 2021. "Optimal Taxation of Families: Mirrlees Meets Becker," The Economic Journal, Royal Economic Society, vol. 131(639), pages 2984-3011.
    35. Klaus Jaeger & Wolfgang Kuhle, 2009. "The optimum growth rate for population reconsidered," Journal of Population Economics, Springer;European Society for Population Economics, vol. 22(1), pages 23-41, January.
    36. Oliwia Komada, 2015. "Children as a public good in PAYG pension system," Ekonomia journal, Faculty of Economic Sciences, University of Warsaw, vol. 43.
    37. Bohn, Henning & Stuart, Charles, 2015. "Calculation of a Population Externality," University of California at Santa Barbara, Recent Works in Economics qt5cg1k3nd, Department of Economics, UC Santa Barbara.
    38. Thomas Baudin, 2012. "The Optimal Trade-Off Between Quality and Quantity with Unknown Number of Survivors," Mathematical Population Studies, Taylor & Francis Journals, vol. 19(2), pages 94-113, April.
    39. Julio Dávila, 2018. "Internalizing fertility and education externalities on capital returns," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 66(2), pages 343-373, August.
    40. Laura Cabeza-García & Esther B. Del Brio & Mery Luz Oscanoa-Victorio, 2018. "Gender Factors and Inclusive Economic Growth: The Silent Revolution," Sustainability, MDPI, vol. 10(1), pages 1-14, January.
    41. Ryo Ishida & Kazumasa Oguro & Junichiro Takahata, 2012. "Child Benefit and Fiscal Burden in the Endogenous Fertility Setting," Discussion papers ron230, Policy Research Institute, Ministry of Finance Japan.
    42. Peter J. Stauvermann, 2013. "How a Pay-As-You-Go Pension System Can Lead To a Pareto Improvement in an OLG Model with Endogenous Fertility," Economic Research Guardian, Mutascu Publishing, vol. 3(1), pages 61-69, June.
    43. Thomas Baudin, 2008. "Family policies : what does the standard endogenous fertility model tell us ?," Post-Print halshs-00275751, HAL.
    44. Michele Tertilt & Alice Schoonbroodt & Larry Jones, 2011. "Fertility Inefficiencies and Development," 2011 Meeting Papers 369, Society for Economic Dynamics.
    45. Yew, Siew Ling & Zhang, Jie, 2013. "Socially optimal social security and education subsidization in a dynastic model with human capital externalities, fertility and endogenous growth," Journal of Economic Dynamics and Control, Elsevier, vol. 37(1), pages 154-175.
    46. Fanti, Luciano & Gori, Luca, 2013. "Endogenous fertility, endogenous lifetime and economic growth: the role of child policies," MPRA Paper 44898, University Library of Munich, Germany.
    47. Kazumasa, Oguro & Junichiro, Takahata & Manabu, Shimasawa, 2009. "Child Benefit and Fiscal Burden: OLG Model with Endogenous Fertility," MPRA Paper 16132, University Library of Munich, Germany.
    48. de la Croix, David & Doepke, Matthias, 2021. "A soul’s view of the optimal population problem," Mathematical Social Sciences, Elsevier, vol. 112(C), pages 98-108.
    49. Quamrul H. Ashraf & David N. Weil & Joshua Wilde, 2011. "The Effect of Fertility Reduction on Economic Growth," Center for Development Economics 2011-07, Department of Economics, Williams College, revised Feb 2013.
    50. Alexander M. Gelber & Matthew C. Weinzierl, 2012. "Equalizing Outcomes and Equalizing Opportunities: Optimal Taxation when Children's Abilities Depend on Parents' Resources," NBER Working Papers 18332, National Bureau of Economic Research, Inc.
    51. Philippe Michel & Bertrand Wigniolle, 2009. "Pareto-efficiency and endogenous fertility: a simple model," PSE-Ecole d'économie de Paris (Postprint) halshs-00306463, HAL.
    52. Li, Bei & Zhang, Jie, 2015. "Efficient education subsidization and the pay-as-you-use principle," Journal of Public Economics, Elsevier, vol. 129(C), pages 41-50.
    53. Boucekkine, Raouf & Seegmuller, Thomas & Venditti, Alain, 2021. "Advances in growth and macroeconomic dynamics: In memory of Carine Nourry," Mathematical Social Sciences, Elsevier, vol. 112(C), pages 1-6.
    54. Cordoba, Juan Carlos & Ripoll, Marla, 2011. "A Contribution to the Economic Theory of Fertility," Staff General Research Papers Archive 33899, Iowa State University, Department of Economics.
    55. Fanti, Luciano & Gori, Luca, 2012. "PAYG pensions, tax-cum-subsidy and A-Pareto efficiency," Research in Economics, Elsevier, vol. 66(1), pages 65-71.
    56. Juan Carlos Cordoba, 2015. "Children, Dynastic Altruism and the Wealth of Nations," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 18(4), pages 774-791, October.
    57. Hanna Wang, 2026. "Fertility and Family Leave Policies in Germany: Optimal Policy Design in a Dynamic FrameworK," CESifo Working Paper Series 12416, CESifo.
    58. DE LA CROIX, David & GOSSERIES, Axel, 2006. "Procreation, migration and tradable quotas," LIDAM Discussion Papers CORE 2006098, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    59. Oguro, Kazumasa & Takahata, Junichiro, 2009. "Child Benefit and Fiscal Burden with Endogenous Fertility," MPRA Paper 15378, University Library of Munich, Germany.
    60. Robert TAMURA & David CUBERES, 2020. "Equilibrium and A-efficient Fertility with Increasing Returns to Population and Endogenous Mortality," JODE - Journal of Demographic Economics, Cambridge University Press, vol. 86(2), pages 157-182, June.
    61. Cipriani, Giam Pietro & Fioroni, Tamara, 2023. "Human Capital and Pensions with Endogenous Fertility and Retirement," IZA Discussion Papers 16029, IZA Network @ LISER.
    62. Charles I. Jones, 2020. "The End of Economic Growth? Unintended Consequences of a Declining Population," NBER Working Papers 26651, National Bureau of Economic Research, Inc.
    63. Pierre-Edouard Collignon, 2021. "When is a life worth living? A dynastic efficiency criterion for fertility," Working Papers 2021-21, Center for Research in Economics and Statistics.
    64. Janeba, Eckhard & Schulz, Karl, 2023. "Nonlinear taxation and international mobility in general equilibrium," Journal of Public Economics, Elsevier, vol. 218(C).
    65. Thomas Renström & Luca Spataro, 2011. "The optimum growth rate for population under critical-level utilitarianism," Journal of Population Economics, Springer;European Society for Population Economics, vol. 24(3), pages 1181-1201, July.
    66. Fleurbaey, Marc & Zuber, Stéphane, 2025. "Universal social welfare orderings and risk," Journal of Economic Theory, Elsevier, vol. 226(C).
    67. Shintaro Yamaguchi, 2016. "Family Policies and Female Employment in Japan," Department of Economics Working Papers 2016-06, McMaster University.
    68. Boucekkine, R. & Fabbri, G. & Gozzi, F., 2014. "Egalitarianism under population change: Age structure does matter," Journal of Mathematical Economics, Elsevier, vol. 55(C), pages 86-100.
    69. Michele Tertilt, 2005. "Polygyny, Fertility, and Savings," Journal of Political Economy, University of Chicago Press, vol. 113(6), pages 1341-1370, December.
    70. Treich, Nicolas & Espinosa, Romain, 2024. "The Animal-Welfare Levy," TSE Working Papers 24-1503, Toulouse School of Economics (TSE).
    71. Cordoba, Juan Carlos & Liu, Xiying, 2014. "Altruism, Fertility and Risk," Staff General Research Papers Archive 37481, Iowa State University, Department of Economics.
    72. Michael Bar & Oksana Leukhina, 2010. "Demographic Transition and Industrial Revolution: A Macroeconomic Investigation," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 13(2), pages 424-451, April.
    73. Amol Amol & Monisankar Bishnu & Tridip Ray, 2023. "Pension, possible phaseout, and endogenous fertility in general equilibrium," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 25(2), pages 376-406, April.
    74. Alexander Ludwig & Michael Reiter, 2008. "Sharing Demographic Risk – Who is Afraid of the Baby Bust?," MEA discussion paper series 08166, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy.
    75. John Kennes & John Knowles, 2024. "Unmarried Births: Accounting and Equilibrium Analysis"," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 52, pages 84-109, April.
    76. Spataro, Luca & Renström, Thomas I., 2012. "Optimal taxation, critical-level utilitarianism and economic growth," Journal of Public Economics, Elsevier, vol. 96(9-10), pages 727-738.
    77. Luca Spataro & Luciano Fanti, 2011. "The Optimal Level of Debt in an OLG Model with Endogenous Fertility," German Economic Review, Verein für Socialpolitik, vol. 12(3), pages 351-369, August.
    78. Juan Carlos Córdoba, 2023. "Utilitarianism versus the repugnant conclusion," Indian Economic Review, Springer, vol. 58(1), pages 163-180, July.
    79. Wolfgang Kuhle, 2014. "The Optimal Structure for Public Debt," Metroeconomica, Wiley Blackwell, vol. 65(2), pages 321-348, May.
    80. Shintaro Yamaguchi, 2017. "Family Policies and Female Employment in Japan," The Japanese Economic Review, Japanese Economic Association, vol. 68(3), pages 305-322, September.
    81. Gaggermeier, Christian, 2006. "Pension and children : Pareto improvement with heterogeneous preferences," IAB-Discussion Paper 200603, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].

  41. Mikhail Golosov & Robert E. Lucas, 2003. "Menu Costs and Phillips Curves," NBER Working Papers 10187, National Bureau of Economic Research, Inc.

    Cited by:

    1. Juan Manuel Julio & Javier Guillermo Gómez & Manuel Dario Hernández, 2017. "La Inflación de los Precios Rígidos en Colombia," Borradores de Economia 1007, Banco de la Republica de Colombia.
    2. Etienne Gagnon & David López-Salido & Nicolas Vincent, 2012. "Individual Price Adjustment along the Extensive Margin," NBER Chapters, in: NBER Macroeconomics Annual 2012, Volume 27, pages 235-281, National Bureau of Economic Research, Inc.
    3. Yao, Fang, 2016. "A Note On Increasing Hazard Functions And The Monetary Transmission Mechanism," Macroeconomic Dynamics, Cambridge University Press, vol. 20(1), pages 446-459, January.
    4. Sarah Arndt & Zeno Enders, 2023. "The Transmission of Supply Shocks in Different Inflation Regimes," CESifo Working Paper Series 10839, CESifo.
    5. Marcelle, Chauvet & Insu, Kim, 2019. "Incomplete Price Adjustment and Inflation Persistence," MPRA Paper 97497, University Library of Munich, Germany, revised 04 Dec 2019.
    6. Carvalho, Carlos & Schwartzman, Felipe, 2015. "Selection and monetary non-neutrality in time-dependent pricing models," Journal of Monetary Economics, Elsevier, vol. 76(C), pages 141-156.
    7. Carstensen, Kai & Schenkelberg, Heike, 2011. "Time- or State-Dependence? An Analysis of Inflation Dynamics using German Business Survey Data," Discussion Papers in Economics 12170, University of Munich, Department of Economics.
    8. Adam, Klaus & Weber, Henning, 2020. "Estimating the Optimal Inflation Target from Trends in Relative Prices," CEPR Discussion Papers 14335, C.E.P.R. Discussion Papers.
    9. Mina Kim & Deokwoo Nam & Jian Wang & Jason J. Wu, 2013. "International trade price stickiness and exchange rate pass-through in micro data: a case study on U.S.–China trade," Globalization Institute Working Papers 135, Federal Reserve Bank of Dallas.
    10. Midrigan, Virgiliu, 2006. "Menu costs, multi-product firms, and aggregate fluctuations," CFS Working Paper Series 2007/13, Center for Financial Studies (CFS).
    11. Levin, Andrew & Yun, Tack, 2007. "Reconsidering the natural rate hypothesis in a New Keynesian framework," Journal of Monetary Economics, Elsevier, vol. 54(5), pages 1344-1365, July.
    12. Gautier, Erwan & Le Bihan, Hervé, 2011. "Time-varying (S, s) band models: Properties and interpretation," Journal of Economic Dynamics and Control, Elsevier, vol. 35(3), pages 394-412, March.
    13. Hobijn, Bart & Nechio, Fernanda & Shapiro, Adam Hale, 2021. "Using Brexit to identify the nature of price rigidities," Journal of International Economics, Elsevier, vol. 130(C).
    14. Mikael Carlsson, 2017. "Microdata Evidence on the Empirical Importance of Selection Effects in Menu‐Cost Models," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 49(8), pages 1803-1830, December.
    15. Costain, James & Nakov, Anton & Petit, Borja, 2019. "Monetary policy implications of state-dependent prices and wages," Working Paper Series 2272, European Central Bank.
    16. Emmanuel Dhyne & Jerzy Konieczny & Fabio Rumler & Patrick Sevestre, 2009. "Price rigidity in the euro area - An assessment," European Economy - Economic Papers 2008 - 2015 380, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    17. Etienne Gagnon, 2007. "Price setting during low and high inflation: evidence from Mexico," International Finance Discussion Papers 896, Board of Governors of the Federal Reserve System (U.S.).
    18. Eichenbaum, Martin & Rebelo, Sérgio & Jaimovich, Nir, 2008. "Reference Prices and Nominal Rigidities," CEPR Discussion Papers 6709, C.E.P.R. Discussion Papers.
    19. Quamrul Ashraf & Boris Gershman & Peter Howitt, 2012. "How Inflation Affects Macroeconomic Performance: An Agent-Based Computational Investigation," NBER Working Papers 18225, National Bureau of Economic Research, Inc.
    20. Mei Dong & Toshiaki Shoji & Yuki Teranishi, 2021. "Product Cycles and Prices: a Search Foundation," Working Papers e161, Tokyo Center for Economic Research.
    21. Jin, Gu & Zhu, Tao, 2017. "Nonneutrality of Money in Dispersion: Hume Revisited," MPRA Paper 79561, University Library of Munich, Germany.
    22. Quineche, Ricardo & Zapata, Juan, 2025. "Inflationary and Deflationary Pressures: A Directional Decomposition of U.S. Inflation Dynamics," MPRA Paper 125485, University Library of Munich, Germany.
    23. Yasufumi Gemma & Takushi Kurozumi & Mototsugu Shintani, 2017. "Trend Inflation and Evolving Inflation Dynamics: A Bayesian GMM Analysis of the Generalized New Keynesian Phillips Curve," IMES Discussion Paper Series 17-E-10, Institute for Monetary and Economic Studies, Bank of Japan.
    24. Guimaraes, Bernardo & Mazini, Andre & Prince, Diogo de, 2016. "Time-dependent or State-dependent Pricing? Evidence from Firms' Response to Inflation Shocks," Brazilian Review of Econometrics, Sociedade Brasileira de Econometria - SBE, vol. 36(1), March.
    25. Gulan, Adam, 2018. "Paradise lost? A brief history of DSGE macroeconomics," Bank of Finland Research Discussion Papers 22/2018, Bank of Finland.
    26. D. Cornille & M. Dossche, 2006. "The Patterns and Determinants of Price Setting in the Belgian Industry," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 06/386, Ghent University, Faculty of Economics and Business Administration.
    27. Mario Crucini & Anthony Landry & Craig Benedict, 2014. "On what states do prices depend? Answers from Ecuador," 2014 Meeting Papers 722, Society for Economic Dynamics.
    28. Ko Munakata & Takeshi Shinohara & Shigenori Shiratsuka & Nao Sudo & Tsutomu Watanabe, 2023. "On the Source of Seasonality in Price Changes: The Role of Seasonality in Menu Costs," IMES Discussion Paper Series 23-E-07, Institute for Monetary and Economic Studies, Bank of Japan.
    29. Abdelraouf, Nadine & Noureldin, Diaa, 2022. "The impact of the exchange rate regime on the dispersion of the price-change distribution: Evidence from a large panel of countries," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 76(C).
    30. Lie, Denny, 2015. "State-Dependent Pricing and Optimal Monetary Policy," Working Papers 2015-09, University of Sydney, School of Economics.
    31. Mark Bils & Peter J. Klenow & Benjamin A. Malin, 2009. "Reset price inflation and the impact of monetary policy shocks," Finance and Economics Discussion Series 2009-16, Board of Governors of the Federal Reserve System (U.S.).
    32. Kleshchelski, Isaac & Vincent, Nicolas, 2009. "Market share and price rigidity," Journal of Monetary Economics, Elsevier, vol. 56(3), pages 344-352, April.
    33. Hamidreza Aziminia & Seyed Ali Madanizadeh & Amineh Mahmoudzadeh, 2025. "Pricing Behavior and Exchange Rate: Evidence from Iranian Consumer Prices," Working Papers 1809, Economic Research Forum, revised 05 Dec 2025.
    34. Choudhary, M. Ali & Faheem, Abdul & Hanif, M. Nadim & Naeem, Saima & Pasha, Farooq, 2016. "Price setting & price stickiness: A developing economy perspective," Journal of Macroeconomics, Elsevier, vol. 48(C), pages 44-61.
    35. Kenneth Burdett & Guido Menzio, 2017. "The (Q,S,s) Pricing Rule: A Quantitative Analysis," PIER Working Paper Archive 17-018, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 25 Sep 2017.
    36. Shirota, Toyoichiro, 2017. "Not All Exchange Rate Movements Are Alike : Exchange Rate Persistence and Pass-Through to Consumer Prices," Discussion paper series. A 311, Graduate School of Economics and Business Administration, Hokkaido University.
    37. Abe, Naohito & Tonogi, Akiyuki, 2010. "Micro and macro price dynamics in daily data," Journal of Monetary Economics, Elsevier, vol. 57(6), pages 716-728, September.
    38. Andrés Blanco & Isaac Baley, 2019. "Aggregate Dynamics in Lumpy Economies," Working Papers 1116, Barcelona School of Economics.
    39. Pierpaolo Benigno & Luca Antonio Ricci, 2011. "The Inflation-Output Trade-Off with Downward Wage Rigidities," American Economic Review, American Economic Association, vol. 101(4), pages 1436-1466, June.
    40. Sveen, Tommy & Weinke, Lutz, 2008. "New Keynesian perspectives on labor market dynamics," Journal of Monetary Economics, Elsevier, vol. 55(5), pages 921-930, July.
    41. Juillard, Michael & Kamenik, Ondra & Kumhof, Michael & Laxton, Douglas, 2008. "Optimal price setting and inflation inertia in a rational expectations model," Journal of Economic Dynamics and Control, Elsevier, vol. 32(8), pages 2584-2621, August.
    42. Costain, James & Nakov, Anton, 2015. "Precautionary price stickiness," Journal of Economic Dynamics and Control, Elsevier, vol. 58(C), pages 218-234.
    43. Alan S. Blinder, 2020. "What does Jerome Powell know that William McChesney Martin did not—And what role did academic research play in that?," Manchester School, University of Manchester, vol. 88(S1), pages 32-49, September.
    44. José García-Solanes & Jesús Rodríguez López & José Luis Torres Chacón, 2007. "Demand Shocks and Trade Balance Dynamics," Working Papers 07.10, Universidad Pablo de Olavide, Department of Economics.
    45. Mark Gertler & John Leahy, 2006. "A Phillips Curve with an Ss Foundation," NBER Working Papers 11971, National Bureau of Economic Research, Inc.
    46. Ádám Reiff & Judit Várhegyi, 2013. "Sticky Price Inflation Index: An Alternative Core Inflation Measure," MNB Working Papers 2013/2, Magyar Nemzeti Bank (Central Bank of Hungary).
    47. George-Marios Angeletos, 2018. "Frictional Coordination," Journal of the European Economic Association, European Economic Association, vol. 16(3), pages 563-603.
    48. Bouakez, Hafedh & Cardia, Emanuela & Ruge-Murcia, Francisco, 2014. "Sectoral price rigidity and aggregate dynamics," European Economic Review, Elsevier, vol. 65(C), pages 1-22.
    49. Ricardo J. Caballero & Eduardo M.R.A. Engel, 2007. "Price Stickiness in Ss Models: New Interpretations of Old Results," NBER Working Papers 12945, National Bureau of Economic Research, Inc.
    50. Michael Reiter & Adrian Wende, 2024. "Generalized Rotemberg Price-Setting," CESifo Working Paper Series 11297, CESifo.
    51. Wojciech Charemza & Svetlana Makarova & Imran Shah, 2015. "Making the most of high inflation," Applied Economics, Taylor & Francis Journals, vol. 47(34-35), pages 3723-3739, July.
    52. Menner, Martin, 2007. "The role of search frictions for output and inflation dynamics: a Bayesian assessment," UC3M Working papers. Economics we076235, Universidad Carlos III de Madrid. Departamento de Economía.
    53. Paciello, Luigi & Michelacci, Claudio, 2017. "Ambiguous Policy Announcements," CEPR Discussion Papers 11754, C.E.P.R. Discussion Papers.
    54. Kaufmann, Daniel & Lein, Sarah M., 2013. "Sticky prices or rational inattention – What can we learn from sectoral price data?," European Economic Review, Elsevier, vol. 64(C), pages 384-394.
    55. Patrick Bajari & Zhihao Cen & Victor Chernozhukov & Manoj Manukonda & Jin Wang & Ramon Huerta & Junbo Li & Ling Leng & George Monokroussos & Suhas Vijaykunar & Shan Wan, 2023. "Hedonic prices and quality adjusted price indices powered by AI," CeMMAP working papers 08/23, Institute for Fiscal Studies.
    56. Luigi Paciello & Mirko Wiederholt, 2011. "Exogenous Information, Endogenous Information and Optimal Monetary Policy," EIEF Working Papers Series 1104, Einaudi Institute for Economics and Finance (EIEF), revised Jan 2011.
    57. Mark Bils & Peter J. Klenow & Benjamin A. Malin, 2012. "Testing for Keynesian Labor Demand," NBER Chapters, in: NBER Macroeconomics Annual 2012, Volume 27, pages 311-349, National Bureau of Economic Research, Inc.
    58. Makoto Nirei & Jose Scheinkman, 2019. "Self-Organization of Inflation Volatility," 2019 Meeting Papers 1451, Society for Economic Dynamics.
    59. Olivier J. Blanchard, 2008. "The State of Macro," NBER Working Papers 14259, National Bureau of Economic Research, Inc.
    60. Allen Head & Lucy Qian Liu & Guido Menzio & Randall Wright, 2011. "Sticky Prices: A New Monetarist Approach," NBER Working Papers 17520, National Bureau of Economic Research, Inc.
    61. Eric Anderson & Sergio Rebelo & Arlene Wong, 2020. "Markups Across Space and Time," Working Papers 2020-6, Princeton University. Economics Department..
    62. Marianne Baxter & Anthony Landry, . "IKEA: product, pricing, and pass-through," Proceedings, Federal Reserve Bank of San Francisco.
    63. Belal E. Baaquie, 2012. "Statistical Microeconomics," Papers 1211.7172, arXiv.org.
    64. Acharya, Sushant, 2010. "Costly Information, Planning Complementarity and the New Keynesian Phillips Curve," MPRA Paper 22514, University Library of Munich, Germany.
    65. Diego Perez & Andres Drenik, 2015. "Price Setting Under Uncertainty About Inflation," 2015 Meeting Papers 1429, Society for Economic Dynamics.
    66. Maarten Dossche, 2009. "Understanding inflation dynamics : Where do we stand ?," Working Paper Research 165, National Bank of Belgium.
    67. Jordi Galí & Mark Gertler, 2007. "Macroeconomic modeling for monetary policy evaluation," Economics Working Papers 1039, Department of Economics and Business, Universitat Pompeu Fabra, revised Jul 2007.
    68. Ahrens, Steffen & Pirschel, Inske & Snower, Dennis J., 2014. "A theory of price adjustment under loss aversion," SFB 649 Discussion Papers 2014-065, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk.
    69. Isaac Baley & Javier Turén, 2025. "Lumpy Forecasts," Working Papers 1476, Barcelona School of Economics.
    70. Philip Bunn & Lena S. Anayi & Nicholas Bloom & Paul Mizen & Gregory Thwaites & Ivan Yotzov, 2022. "Firming up Price Inflation," NBER Working Papers 30505, National Bureau of Economic Research, Inc.
    71. Minford, Patrick & Hatcher, Michael, 2014. "Stabilization policy, rational expectations and price-level versus infl?ation targeting: a survey," CEPR Discussion Papers 9820, C.E.P.R. Discussion Papers.
    72. Ales Marsal & Katrin Rabitsch & Lorant Kaszab, 2019. "Trend Inflation Meets Macro-Finance: The Puzzling Behavior of Price Dispersion," Working and Discussion Papers WP 6/2019, Research Department, National Bank of Slovakia.
    73. Emmanuel Dhyne & Jerzy Konieczny, 2014. "Aggregation And The Staggering Of Price Changes," Economic Inquiry, Western Economic Association International, vol. 52(2), pages 732-756, April.
    74. Emi Nakamura & Jón Steinsson, 2013. "Price Rigidity: Microeconomic Evidence and Macroeconomic Implications," NBER Working Papers 18705, National Bureau of Economic Research, Inc.
    75. Michael Dotsey & Robert G. King & Alexander L. Wolman, 2013. "Inflation and real activity with firm-level productivity shocks," Working Papers 13-35, Federal Reserve Bank of Philadelphia.
    76. Gaspar, Vitor & Levin, Andrew & Smets, Frank & Martins, Fernando Manuel, 2007. "Evidence from Surveys of Price-Setting Managers: Policy Lessons and Directions for Ongoing Research," CEPR Discussion Papers 6227, C.E.P.R. Discussion Papers.
    77. Barthélémy Bonadio & Andreas M. Fischer & Philip Saure, 2016. "The speed of exchange rate pass-through," Globalization Institute Working Papers 282, Federal Reserve Bank of Dallas.
    78. Konstantins Benkovskis & Ludmila Fadejeva & Krista Kalnberzina, 2010. "Price Setting Behaviour in Latvia: Descriptive Evidence from CPI Microdata," Discussion Papers 2010/01, Latvijas Banka.
    79. Carlos Viana de Carvalho, 2005. "The Effects of Heterogeneity in Price Setting on Price and Inflation Inertia," Macroeconomics 0504039, University Library of Munich, Germany, revised 10 Oct 2005.
    80. Mr. Etienne B Yehoue, 2012. "On Price Stability and Welfare," IMF Working Papers 2012/189, International Monetary Fund.
    81. Tommy Sveen & Lutz Weinke, 2004. "Firm-specific investment, sticky prices and the Taylor principle," Economics Working Papers 780, Department of Economics and Business, Universitat Pompeu Fabra.
    82. Ohanian, Lee E. & Prescott, Edward C. & Stokey, Nancy L., 2009. "Introduction to dynamic general equilibrium," Journal of Economic Theory, Elsevier, vol. 144(6), pages 2235-2246, November.
    83. Stephanie Schmitt-Grohé & Martín Uribe, 2006. "Optimal Inflation Stabilization in a Medium-Scale Macroeconomic Model," Working Papers Central Bank of Chile 410, Central Bank of Chile.
    84. Julio J. Rotemberg, 2008. "Behavioral Aspects of Price Setting, and Their Policy Implications," NBER Working Papers 13754, National Bureau of Economic Research, Inc.
    85. Maćkowiak, Bartosz & Wiederholt, Mirko, 2009. "Optimal sticky prices under rational inattention," Working Paper Series 1009, European Central Bank.
    86. Radoslaw Paluszynski & Pei Cheng Yu, 2023. "Commitment versus Flexibility and Sticky Prices: Evidence from Life Insurance," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 49, pages 99-122, July.
    87. Takayuki Mizuno & Makoto Nirei & Tsutomu Watanabe, 2010. "Closely Competing Firms and Price Adjustment: Some Findings from an Online Marketplace," Scandinavian Journal of Economics, Wiley Blackwell, vol. 112(4), pages 673-696, December.
    88. Daisuke MIYAKAWA & Koki OIKAWA & Kozo UEDA, 2018. "Reallocation Effects of Monetary Policy," Discussion papers 18056, Research Institute of Economy, Trade and Industry (RIETI).
    89. Lu, Yao & Zhao, Zhihui & Tian, Yuan & Zhan, Minghua, 2024. "How does the economic structure break change the forecast effect of money and credit on output? Evidence based on machine learning algorithms," Pacific-Basin Finance Journal, Elsevier, vol. 84(C).
    90. Oleksiy Kryvtsov, 2007. "Information Flows and Aggregate Persistence," 2007 Meeting Papers 708, Society for Economic Dynamics.
    91. König, Philipp J. & Meyer-Gohde, Alexander, 2017. "Decoupling nominal and real rigidities," Economics Letters, Elsevier, vol. 156(C), pages 129-132.
    92. Aysoy, Cem & Aysoy, Cevriye & Tumen, Semih, 2014. "Quantifying and explaining stickiness in housing rents: A Turkish case study with micro-level data," Journal of Housing Economics, Elsevier, vol. 25(C), pages 62-74.
    93. Virgiliu Midrigan, 2005. "Is Firm Pricing State or Time-Dependent? Evidence from US Manufacturing," Macroeconomics 0511005, University Library of Munich, Germany.
    94. Michel Juillard & Ondrej Kamenik & Michael Kumhof & Douglas Laxton, 2006. "Measures of Potential Output from an Estimated DSGE Model of the United States," Working Papers 2006/11, Czech National Bank, Research and Statistics Department.
    95. Bayat, Saeid & Ebrahimi, Sajad & Ghaderi, Omid, 2017. "The Effects of Exchange Rate on Price-Setting in Manufacturing Sector: Applying Price Micro Data of Iran," Journal of Money and Economy, Monetary and Banking Research Institute, Central Bank of the Islamic Republic of Iran, vol. 12(1), pages 1-21, January.
    96. Lucy Qian Liu & Liang Wang & Randall Wright, 2015. "Costly Credit and Sticky Prices," Working Papers 201505, University of Hawaii at Manoa, Department of Economics.
    97. Gbaguidi, David Sedo, 2011. "Expectations Impact on the Effectiveness of the Inflation-Real Activity Trade-Off," MPRA Paper 35482, University Library of Munich, Germany.
    98. Reiter, Michael & Sveen, Tommy & Weinke, Lutz, 2013. "Lumpy investment and the monetary transmission mechanism," Journal of Monetary Economics, Elsevier, vol. 60(7), pages 821-834.
    99. Bakhshi, Hasan & Khan, Hashmat & Rudolf, Barbara, 2007. "The Phillips curve under state-dependent pricing," Journal of Monetary Economics, Elsevier, vol. 54(8), pages 2321-2345, November.
    100. Sushant Acharya, 2014. "Costly information, planning complementarities and the Phillips Curve," Staff Reports 698, Federal Reserve Bank of New York.
    101. Alex Nikolsko-Rzhevskyy & Oleksandr Talavera & Nam Vu, 2020. "The Flood that Caused a Drought," Discussion Papers 20-14, Department of Economics, University of Birmingham.
    102. Lawrence J. Christiano & Roberto Motto & Massimo Rostagno, 2014. "Risk Shocks," American Economic Review, American Economic Association, vol. 104(1), pages 27-65, January.
    103. Stefano Gnocchi & Fanny McKellips & Rodrigo Sekkel & Laure Simon & Yinxi Xie & Yang Zhang, 2024. "The Output-Inflation Trade-off in Canada," Discussion Papers 2024-07, Bank of Canada.
    104. Drenik, Andrés & Perez, Diego J., 2020. "Price setting under uncertainty about inflation," Journal of Monetary Economics, Elsevier, vol. 116(C), pages 23-38.
    105. Christian Hellwig, "undated". "Additional Results for "Knowing What Others Know" (May 2006)," UCLA Economics Online Papers 379, UCLA Department of Economics.
    106. James Costain & Anton Nakov, 2011. "Distributional dynamics under smoothly state-dependent pricing," Finance and Economics Discussion Series 2011-50, Board of Governors of the Federal Reserve System (U.S.).
    107. Carvalho, Carlos Viana de & Bonomo, Marco Antônio Cesar, 2005. "Imperfectly credible disinflation under endogenous time-ependent pricing," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 600, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    108. Giannoni, Marc & Mihov, Ilian & Boivin, Jean, 2007. "Sticky Prices and Monetary Policy: Evidence from Disaggregated US Data," CEPR Discussion Papers 6101, C.E.P.R. Discussion Papers.
    109. Pablo Cuba-Borda & Jean-Paul L'Huillier, 2025. "Inflation is a Supply Phenomenon," Working Papers 137, Brandeis University, Department of Economics and International Business School.
    110. Andrade, Philippe & Zachariadis, Marios, 2016. "Global versus local shocks in micro price dynamics," Journal of International Economics, Elsevier, vol. 98(C), pages 78-92.
    111. Mukhin, Dmitry, 2022. "An equilibrium model of the international price system," LSE Research Online Documents on Economics 112500, London School of Economics and Political Science, LSE Library.
    112. Kaldasch, Joachim, 2015. "Dynamic Model of the Price Dispersion of Homogeneous Goods," MPRA Paper 64723, University Library of Munich, Germany.
    113. Greg Kaplan & Guido Menzio, 2014. "The Morphology of Price Dispersion," NBER Working Papers 19877, National Bureau of Economic Research, Inc.
    114. Andrei Polbin & Sergey Drobyshevsky, 2014. "Developing a Dynamic Stochastic Model of General Equilibrium for the Russian Economy," Research Paper Series, Gaidar Institute for Economic Policy, issue 166P, pages 156-156.
    115. Shaowen Luo & Daniel Villar, 2021. "The Skewness of the Price Change Distribution: A New Touchstone for Sticky Price Models," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 53(1), pages 41-72, February.
    116. Fabrizio Coricelli & Roman Horváth, 2010. "Price setting and market structure: an empirical analysis of micro data in Slovakia," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 31(2-3), pages 209-233.
    117. Andrés Blanco & Isaac Baley, 2016. "Menu Costs, Uncertainty Cycles, and the Propagation of Nominal Shocks," Working Papers 918, Barcelona School of Economics.
    118. JOHANSSON, Anders C., 2009. "Is U.S. money causing China's output?," China Economic Review, Elsevier, vol. 20(4), pages 732-741, December.
    119. Ricardo Reis, 2005. "Inattentive Producers," 2005 Meeting Papers 290, Society for Economic Dynamics.
    120. Emi Nakamura & Jón Steinsson, 2008. "Five Facts about Prices: A Reevaluation of Menu Cost Models," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 123(4), pages 1415-1464.
    121. Buiter, Willem, 2007. "Is Numérairology the Future of Monetary Economics? Unbundling Numéraire and Medium of Exchange Through a Virtual Currency and," CEPR Discussion Papers 6099, C.E.P.R. Discussion Papers.
    122. Michael K. Johnston, 2009. "Real and Nominal Frictions within the Firm: How Lumpy Investment Matters for Price Adjustment," Staff Working Papers 09-36, Bank of Canada.
    123. Christian Hellwig, "undated". "Prices and Market Shares in a Menu Cost Model (March 2007, with Ariel Burstein)," UCLA Economics Online Papers 415, UCLA Department of Economics.
    124. Aliu, Florin & Mulaj, Isa & Matoshi, Ruzhdi, 2021. "Phillips Curve in Self-management Socialism of Yugoslavia," MPRA Paper 113920, University Library of Munich, Germany.
    125. David E. Altig & Lawrence J. Christiano & Martin S. Eichenbaum & Jesper Lindé, 2010. "Firm-specific capital, nominal rigidities and the business cycle," International Finance Discussion Papers 990, Board of Governors of the Federal Reserve System (U.S.).
    126. Andrew Clausen & Carlo Strub, 2016. "A General and Intuitive Envelope Theorem," Edinburgh School of Economics Discussion Paper Series 274, Edinburgh School of Economics, University of Edinburgh.
    127. Adolfsen, Jakob Feveile & Ferrari Minesso, Massimo & Mork, Jente Esther & Van Robays, Ine, 2024. "Gas price shocks and euro area inflation," Working Paper Series 2905, European Central Bank.
    128. Øivind Anti Nilsen & Magne Vange, 2018. "Intermittent Price Changes in Production Plants: Empirical Evidence Using Monthly Data," CESifo Working Paper Series 7145, CESifo.
    129. Sergio Lago Alves & Hashmat Khan, 2024. "Are New Keynesian Models Useful When Trend Inflation is Not Low?," Working Papers 24-08, Chair in macroeconomics and forecasting, University of Quebec in Montreal's School of Management, revised Aug 2024.
    130. Anton Nakov & Carlos Thomas, 2011. "Optimal monetary policy with state-dependent pricing," Finance and Economics Discussion Series 2011-48, Board of Governors of the Federal Reserve System (U.S.).
    131. Bo E. Honoré & Daniel Kaufmann & Sarah M. Lein, 2012. "Asymmetries in Price-Setting Behavior: New Microeconometric Evidence from Switzerland," Working Papers 2012-09, Swiss National Bank.
    132. IGP Wira Kusuma, 2013. "The Dynamics of Indonesian Inflation: What can We Learn from Inflation Disaggregation?," Bulletin of Monetary Economics and Banking, Bank Indonesia, vol. 16(1), pages 39-72, July.
    133. Marianna Riggi & Alex Tagliabracci, 2022. "Price rigidities, input costs, and inflation expectations: understanding firms’ pricing decisions from micro data," Questioni di Economia e Finanza (Occasional Papers) 733, Bank of Italy, Economic Research and International Relations Area.
    134. Klaus Adam & Henning Weber, 2018. "Optimal Trend Inflation," CESifo Working Paper Series 7028, CESifo.
    135. Bart Hobijn & Federico Ravenna & Andrea Tambalotti, 2006. "Menu Costs at Work: Restaurant Prices and the Introduction of the Euro," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 121(3), pages 1103-1131.
    136. Gita Gopinath & Oleg Itskhoki, 2010. "In Search of Real Rigidities," NBER Working Papers 16065, National Bureau of Economic Research, Inc.
    137. Bartosz Mackowiak & Frank Smets, 2008. "On implications of micro price data for macro models," Conference Series ; [Proceedings], Federal Reserve Bank of Boston.
    138. Stéphane Dupraz, 2017. "A Kinked-Demand Theory of Price Rigidity," Working papers 656, Banque de France.
    139. Hiroshi YOSHIKAWA & Hideaki AOYAMA & Hiroshi IYETOMI & Yoshi FUJIWARA, 2015. "Deflation/Inflation Dynamics: Analysis based on micro prices," Discussion papers 15026, Research Institute of Economy, Trade and Industry (RIETI).
    140. Tao Chen & Paul F. Gentle, 2011. "The Inflation-Unemployment Trade-off and the Significance of the Interest Rate: Some Evidence from United States Data from 1939 through 2007 - Il trade-off tra disoccupazione e inflazione e il ruolo d," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 64(2), pages 153-171.
    141. Daphne Nicolitsas, 2013. "Price setting practices in Greece: evidence from a small-scale firm-level survey," Working Papers 156, Bank of Greece.
    142. Miguel Casares, 2007. "Wage Setting Actors, StickyWages, and Optimal Monetary Policy," Documentos de Trabajo - Lan Gaiak Departamento de Economía - Universidad Pública de Navarra 0701, Departamento de Economía - Universidad Pública de Navarra.
    143. Álvarez, Luis J. & Burriel, Pablo & Hernando, Ignacio, 2005. "Do decreasing hazard functions for price changes make any sense?," Working Paper Series 461, European Central Bank.
    144. Alvarez González, Luis Julián, 2008. "What Do Micro Price Data Tell Us on the Validity of the New Keynesian Phillips Curve?," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy, vol. 2, pages 1-36.
    145. Hellwig, Christian & Venkateswaran, Venky, 2025. "Dispersed information, nominal rigidities and monetary business cycles: A Hayekian perspective," Journal of Monetary Economics, Elsevier, vol. 155(S).
    146. Francisco Rosende, 2003. "¿El Fin del Monetarismo?," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 40(121), pages 681-689.
    147. Adam Reiff & Attila Ratfai, 2012. "The Geography of Consumer Prices," 2012 Meeting Papers 799, Society for Economic Dynamics.
    148. Matthew Klepacz, 2018. "Price Setting and Volatility: Evidence from Oil Price Volatility Shocks," 2018 Meeting Papers 145, Society for Economic Dynamics.
    149. Emi Nakamura & Jón Steinsson & Patrick Sun & Daniel Villar, 2016. "The Elusive Costs of Inflation: Price Dispersion during the U.S. Great Inflation," NBER Working Papers 22505, National Bureau of Economic Research, Inc.
    150. Zi-Yi Guo & Yangxiaoteng Luo, 2017. "The Effect of Sales and Evidence from Micro Data," Research in World Economy, Research in World Economy, Sciedu Press, vol. 8(1), pages 37-44, June.
    151. Paulie, Charlotte, 2019. "Does Inflation Targeting Reduce the Dispersion of Price Setters’ Inflation Expectations?," Working Paper Series 2018:16, Uppsala University, Department of Economics.
    152. Emmanuel De Veirman, 2009. "What Makes the Output–Inflation Trade‐Off Change? The Absence of Accelerating Deflation in Japan," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 41(6), pages 1117-1140, September.
    153. Williamson, Stephen D., 2008. "Monetary policy and distribution," Journal of Monetary Economics, Elsevier, vol. 55(6), pages 1038-1053, September.
    154. Fernando Alvarez & Andrew Atkeson & Chris Edmond, 2008. "Sluggish responses of prices and inflation to monetary shocks in an inventory model of money demand," Staff Report 417, Federal Reserve Bank of Minneapolis.
    155. Adam Elbourne & Debby Lanser & Bert Smid & Martin Vromans, 2008. "Macroeconomic resilience in a DSGE model," CPB Discussion Paper 96, CPB Netherlands Bureau for Economic Policy Analysis.
    156. Enders, Zeno, 2017. "Heterogeneous consumers, segmented asset markets, and the real effects of monetary policy," VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking 168227, Verein für Socialpolitik / German Economic Association.
    157. Kosuke Aoki, 2015. "Relative Prices and Inflation Stabilization," The Japanese Economic Review, Japanese Economic Association, vol. 66(1), pages 35-59, March.
    158. Ian King, 2008. "Interview: A conversation with Robert E. Lucas, Jr., nobel laureate in economics, 1995," New Zealand Economic Papers, Taylor & Francis Journals, vol. 42(1), pages 1-16.
    159. Emmanuel Dhyne & Jerzy Konieczny, 2007. "Temporal Distribution of Price Changes: Staggering in the Large and Synchronization in the Small," Working Paper series 01_07, Rimini Centre for Economic Analysis.
    160. Gasteiger, Emanuel & Grimaud, Alex, 2023. "Price setting frequency and the Phillips curve," European Economic Review, Elsevier, vol. 158(C).
    161. Gödl, Maximilian & Gödl-Hanisch, Isabel, 2023. "Wage Setting in Times of High and Low Inflation," VfS Annual Conference 2023 (Regensburg): Growth and the "sociale Frage" 277641, Verein für Socialpolitik / German Economic Association.
    162. Samuel Wills, 2014. "Optimal Monetary Responses to Oil Discoveries," CAMA Working Papers 2014-37, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    163. Koki Oikawa & Kozo Ueda, 2015. "Short- and long-run tradeoff monetary easing," CAMA Working Papers 2015-45, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    164. Isabel Cairó & Jae W. Sim, 2020. "Market Power, Inequality, and Financial Instability," Finance and Economics Discussion Series 2020-057, Board of Governors of the Federal Reserve System (U.S.).
    165. Edward S. Knotek & Stephen J. Terry, 2008. "Alternative methods of solving state-dependent pricing models," Research Working Paper RWP 08-10, Federal Reserve Bank of Kansas City.
    166. Alexander L. Wolman, 2007. "The frequency and costs of individual price adjustment," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 28(6), pages 531-552.
    167. Hahn, Volker & Marencak, Michal, 2018. "Price Points and Price Dynamics," VfS Annual Conference 2018 (Freiburg, Breisgau): Digital Economy 181516, Verein für Socialpolitik / German Economic Association.
    168. Vîntu, Denis, 2024. "Twin Deficits and Fiscal Spillovers in the European Periphery (Candidate Countries to EU Accession): A Keynesian Perspective," MPRA Paper 123504, University Library of Munich, Germany, revised Aug 2024.
    169. Fagan, Gabriel & Messina, Julián, 2009. "Downward wage rigidity and optimal steady-state inflation," Working Paper Series 1048, European Central Bank.
    170. Ngo, Phuong V., 2014. "Habit formation in state-dependent pricing models: Implications for the dynamics of output and prices," Economics Letters, Elsevier, vol. 123(3), pages 336-340.
    171. Kano, Kazuko, 2013. "Menu costs and dynamic duopoly," International Journal of Industrial Organization, Elsevier, vol. 31(1), pages 102-118.
    172. Khalil, Makram & Lewis, Vivien, 2024. "Product turnover and endogenous price flexibility in uncertain times," Discussion Papers 14/2024, Deutsche Bundesbank.
    173. Jonathan L. Willis & Peter J. Klenow, 2007. "Real Rigidities and Nominal Price Changes," 2007 Meeting Papers 844, Society for Economic Dynamics.
    174. Francesco D'Acunto & Ryan Liu & Carolin Pflueger & Michael Weber & Michael Weber, 2017. "Flexible Prices and Leverage," CESifo Working Paper Series 6317, CESifo.
    175. Luigi Paciello, 2009. "Monetary Policy and Price Responsiveness to Aggregate Shocks under Rational Inattention," EIEF Working Papers Series 0916, Einaudi Institute for Economics and Finance (EIEF), revised Sep 2011.
    176. Lucas Ordóñez, 2025. "The Transmission of Supply Shocks to Inflation: the Case of Argentina (2004-2022)," Working Papers 351, Red Nacional de Investigadores en Economía (RedNIE).
    177. Etienne Gagnon & J. David López-Salido, 2014. "Small Price Responses to Large Demand Shocks," Finance and Economics Discussion Series 2014-18, Board of Governors of the Federal Reserve System (U.S.).
    178. Tovonony Razafindrabe, 2017. "Nonlinearity and asymmetry in the exchange rate pass-through: What role for nominal price stickiness?," Review of International Economics, Wiley Blackwell, vol. 25(4), pages 711-732, September.
    179. Cosmin Ilut & Rosen Valchev & Nicolas Vincent, 2016. "Paralyzed by Fear: Rigid and Discrete Pricing under Demand Uncertainty," Boston College Working Papers in Economics 940, Boston College Department of Economics.
    180. Kevin X. D. Huang & Jonathan L. Willis, 2018. "Sectoral Interactions and Monetary Policy under Costly Price Adjustments," Annals of Economics and Finance, Society for AEF, vol. 19(2), pages 337-374, November.
    181. Camba-Méndez, Gonzalo & Garcí­a, Juan Angel & Rodriguez-Palenzuela, Diego, 2003. "Relevant economic issues concerning the optimal rate of inflation," Working Paper Series 278, European Central Bank.
    182. Andrea Stella, 2014. "The Magnitude of Menu Costs: A Structural Estimation," 2014 Meeting Papers 436, Society for Economic Dynamics.
    183. Raphael Schoenle & Ernesto Pasten, 2015. "Rational Inattention, Multi-Product Firms and the Neutrality of Money," Working Papers 91, Brandeis University, Department of Economics and International Business School.
    184. Robert Amano & Steve Ambler & Malik Shukayev, 2012. "Optimal price‐level drift under commitment in the canonical New Keynesian model," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 45(3), pages 1023-1036, August.
    185. Martin S. Eichenbaum & Nir Jaimovich & Sergio Rebelo & Josephine Smith, 2012. "How Frequent Are Small Price Changes?," NBER Working Papers 17956, National Bureau of Economic Research, Inc.
    186. Devereux, Michael B. & Yetman, James, 2010. "Price adjustment and exchange rate pass-through," Journal of International Money and Finance, Elsevier, vol. 29(1), pages 181-200, February.
    187. John Leahy, 2016. "Comment on "Are State and Time Dependent Models Really Different?"," NBER Chapters, in: NBER Macroeconomics Annual 2016, Volume 31, pages 458-464, National Bureau of Economic Research, Inc.
    188. Guido Ascari & Timo Haber, 2019. "Sticky prices and the transmission mechanism of monetary policy: A minimal test of New Keynesian models," Economics Series Working Papers 869, University of Oxford, Department of Economics.
    189. Peter J. Klenow & Oleksiy Kryvtsov, 2007. "State-Dependent or Time-Dependent Pricing: Does It Matter for Recent U.S. Inflation?," Discussion Papers 07-007, Stanford Institute for Economic Policy Research.
    190. Denis Fougère & Erwan Gautier & Hervé Le Bihan, 2010. "Restaurant Prices and the Minimum Wage," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 42(7), pages 1199-1234, October.
    191. Emmanuel De Veirman, 2007. "Which Nonlinearity in the Phillips Curve? The Absence of Accelerating Deflation in Japan," Economics Working Paper Archive 536, The Johns Hopkins University,Department of Economics.
    192. Willem Buiter, 2007. "Is Numérairology the Future of Monetary Economics?," Open Economies Review, Springer, vol. 18(2), pages 127-156, April.
    193. Karadi, Peter & Amann, Juergen & Bachiller, Javier Sánchez & Seiler, Pascal & Wursten, Jesse, 2023. "Price setting on the two sides of the Atlantic - Evidence from supermarket scanner data," Journal of Monetary Economics, Elsevier, vol. 140(S), pages 1-17.
    194. Jo, Yoon Joo, 2025. "Beyond the spike at zero: Understanding nominal wage rigidity through empirical and model-based approaches," Journal of International Economics, Elsevier, vol. 157(C).
    195. Guido Menzio, 2007. "A Search Theory of Rigid Prices," PIER Working Paper Archive 07-031, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    196. Michael Dotsey & Robert G. King, 2005. "Implications of State Dependent-Pricing for Dynamic Macroeconomic Models," Boston University - Department of Economics - Macroeconomics Working Papers Series WP2005-002, Boston University - Department of Economics.
    197. Mankiw, N. Gregory & Reis, Ricardo, 2010. "Imperfect Information and Aggregate Supply," Scholarly Articles 33907956, Harvard University Department of Economics.
    198. Lie, Denny, 2021. "Implications of state-dependent pricing for DSGE model-based policy analysis in Indonesia," Economic Analysis and Policy, Elsevier, vol. 71(C), pages 532-552.
    199. Senay, Ozge & Sutherland, Alan, 2010. "Endogenous Price Flexibility and Optimal Monetary Policy," SIRE Discussion Papers 2010-16, Scottish Institute for Research in Economics (SIRE).
    200. John Leahy, 2011. "A Survey of New Keynesian Theories of Aggregate Supply and Their Relation to Industrial Organization," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 43(s1), pages 87-110, August.
    201. Karadi, Peter & Schoenle, Raphael & Wursten, Jesse, 2021. "Measuring price selection in microdata: it’s not there," Working Paper Series 2566, European Central Bank.
    202. Philippe Andrade & Jordi Gali & Hervé Le Bihan & Julien Matheron, 2019. "The Optimal Inflation Target and the Natural Rate of Interest," Working Papers 19-18, Federal Reserve Bank of Boston.
    203. James Yetman, 2009. "Hong Kong Consumer Prices are Flexible," Working Papers 052009, Hong Kong Institute for Monetary Research.
    204. Patrick J. Kehoe & Virgiliu Midrigan, 2008. "Temporary price changes and the real effects of monetary policy," Working Papers 413, Federal Reserve Bank of Minneapolis.
    205. Quineche, Ricardo & Zapata, Juan, 2025. "Inflationary and Deflationary Pressures: A Directional Decomposition of U.S. Inflation Dynamics," EconStor Preprints 322269, ZBW - Leibniz Information Centre for Economics.
    206. Dias, D.A. & Marques, C. Robalo & Santos Silva, J.M.C., 2007. "Time- or state-dependent price setting rules? Evidence from micro data," European Economic Review, Elsevier, vol. 51(7), pages 1589-1613, October.
    207. David Berger & Joseph Vavra, 2015. "Dynamics of the U.S. Price Distribution," NBER Working Papers 21732, National Bureau of Economic Research, Inc.
    208. Kakuho Furukawa & Yoshihiko Hogen & Kazuki Otaka & Nao Sudo, 2024. "On the Zero-Inflation Norm of Japanese Firms," IMES Discussion Paper Series 24-E-15, Institute for Monetary and Economic Studies, Bank of Japan.
    209. Berkelmans, Leon, 2011. "Imperfect information, multiple shocks, and policy's signaling role," Journal of Monetary Economics, Elsevier, vol. 58(4), pages 373-386.
    210. Hashmat Khan & Sergio Lago Alves, 2025. "Are New Keynesian Models Useful When Trend Inflation is Not Very Low?," Carleton Economic Papers 25-01, Carleton University, Department of Economics.
    211. Taylor, J.B., 2016. "The Staying Power of Staggered Wage and Price Setting Models in Macroeconomics," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 2009-2042, Elsevier.
    212. Robert B. Barsky & Christopher L. House & Miles S. Kimball, 2007. "Sticky-Price Models and Durable Goods," American Economic Review, American Economic Association, vol. 97(3), pages 984-998, June.
    213. Rahmati, Mohammad Hossein & Ebrahimian, Mehran & Madanizadeh, Seyed Ali, 2021. "Dynamic effects of trade barriers with speculation on foreign currency: The case of Iran," International Economics, Elsevier, vol. 167(C), pages 151-173.
    214. Davide Debortoli & Mario Forni & Luca Gambetti & Luca Sala, 2020. "Asymmetric Effects of Monetary Policy Easing and Tightening," Center for Economic Research (RECent) 146, University of Modena and Reggio E., Dept. of Economics "Marco Biagi".
    215. Andrejs Zlobins, 2025. "Monetary Policy Transmission in the Euro Area: Is this Time Different? Chapter I: Lags and Strength," Working Papers 2025/01, Latvijas Banka.
    216. Craig, Ben & Rocheteau, Guillaume, 2008. "State-dependent pricing, inflation, and welfare in search economies," European Economic Review, Elsevier, vol. 52(3), pages 441-468, April.
    217. Ozge Senay & Alan Sutherland, 2006. "Can Endogenous Changes in Price Flexibility Alter the Relative Welfare Performance of Exchange Rate Regimes?," NBER Chapters, in: NBER International Seminar on Macroeconomics 2004, pages 371-412, National Bureau of Economic Research, Inc.
    218. Woodford, Michael, 2009. "Information-constrained state-dependent pricing," Journal of Monetary Economics, Elsevier, vol. 56(S), pages 100-124.
    219. John Lewis, 2020. "Exchange rate passthrough at the micro and macro levels in a small open economy: Evidence from several million unit values," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 53(3), pages 1274-1291, August.
    220. David Demery, 2010. "State-Dependent Pricing and the Non-Neutrality of Money," Bristol Economics Discussion Papers 10/615, School of Economics, University of Bristol, UK.
    221. Markus K. Brunnermeier & Sergio Correia & Stephan Luck & Emil Verner & Tom Zimmermann, 2024. "The Debt-Inflation Channel of the German (Hyper-)Inflation," Papers 2405.13296, arXiv.org.
    222. Eddie Dekel & John K. -H. Quah & Ludvig Sinander, 2022. "Comparative statics with adjustment costs and the Le Chatelier principle," Papers 2206.00347, arXiv.org, revised Oct 2024.
    223. Stefano Fasani, 2021. "On the Long-run Unemployment, Inflation, and Volatility," Working Papers 924, Queen Mary University of London, School of Economics and Finance.
    224. Elena Mattevi & Tullia Padellini, 2025. "Firm-level uncertainty and output prices," Questioni di Economia e Finanza (Occasional Papers) 966, Bank of Italy, Economic Research and International Relations Area.
    225. Paulie, Charlotte, 2019. "Does Inflation Targeting Reduce the Dispersion of Price Setters’ Inflation Expectations?," Working Paper Series 370, Sveriges Riksbank (Central Bank of Sweden).
    226. DongIk Kang & Andrew Usher, 2023. "Does Product Revenue Matter for Price Setting and Monetary Policy Transmission?," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 47, pages 297-345, January.
    227. Edward S. Knotek, 2010. "The roles of price points and menu costs in price rigidity," Research Working Paper RWP 10-18, Federal Reserve Bank of Kansas City.
    228. Carlsson, Mikael, 2014. "Selection Effects in Producer-Price Setting," Working Paper Series 290, Sveriges Riksbank (Central Bank of Sweden).
    229. Carvalho Carlos, 2006. "Heterogeneity in Price Stickiness and the Real Effects of Monetary Shocks," The B.E. Journal of Macroeconomics, De Gruyter, vol. 6(1), pages 1-58, December.
    230. Javier Andrés & J. David López-Salido & Javier Vallés, 2006. "Money in an Estimated Business Cycle Model of the Euro Area," Economic Journal, Royal Economic Society, vol. 116(511), pages 457-477, April.
    231. Saroj Bhattarai & Raphael Schoenle, 2011. "Multiproduct firms and price-setting: theory and evidence from U.S. producer prices," Globalization Institute Working Papers 73, Federal Reserve Bank of Dallas.
    232. Coenen, Gunter & Levin, Andrew T. & Christoffel, Kai, 2007. "Identifying the influences of nominal and real rigidities in aggregate price-setting behavior," Journal of Monetary Economics, Elsevier, vol. 54(8), pages 2439-2466, November.
    233. Peter J. Klenow & Benjamin A. Malin, 2010. "Microeconomic Evidence on Price-Setting," NBER Working Papers 15826, National Bureau of Economic Research, Inc.
    234. Balleer, Almut & Zorn, Peter, 2020. "The Micro-level Price Response to Monetary Policy," VfS Annual Conference 2020 (Virtual Conference): Gender Economics 224557, Verein für Socialpolitik / German Economic Association.
    235. Peter Karadi & Anton Nakov & Galo Nuño & Ernesto Pastén & Dominik Thaler, 2024. "Strike while the Iron is Hot - Optimal Monetary Policy with a Nonlinear Phillips Curve," Working Papers Central Bank of Chile 1025, Central Bank of Chile.
    236. Donayre, Luiggi & Panovska, Irina, 2016. "State-dependent exchange rate pass-through behavior," Journal of International Money and Finance, Elsevier, vol. 64(C), pages 170-195.
    237. Miguel Acosta-Henao & Laura Alfaro & Andrés Fernández, 2020. "Sticky Capital Controls," NBER Working Papers 26997, National Bureau of Economic Research, Inc.
    238. Ghassibe, Mishel & Nakov, Anton, 2026. "Pricing cascades – inflation in a networked economy," Research Bulletin, European Central Bank, vol. 139.
    239. Nordström Skans, Oskar & Harju, Jarkko & Kosonen, Tuomas, 2018. "Firm types, price-setting strategies, and consumption-tax incidence?," Working Paper Series 2018:4, IFAU - Institute for Evaluation of Labour Market and Education Policy.
    240. Ariel Burstein & Christian Hellwig, 2007. "Prices and Market Shares in a Menu Cost Model," NBER Working Papers 13455, National Bureau of Economic Research, Inc.
    241. Yves Achdou & Jiequn Han & Jean-Michel Lasry & Pierre-Louis Lions & Benjamin Moll, 2017. "Income and Wealth Distribution in Macroeconomics: A Continuous-Time Approach," NBER Working Papers 23732, National Bureau of Economic Research, Inc.
    242. David Demery & Nigel W. Duck, 2008. "Relative Prices as Aggregate Supply Shocks with Trend Inflation," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 40(2‐3), pages 389-408, March.
    243. Ko Munakata, 2026. "A tractable menu cost model with an aggregate markup drift," BIS Working Papers 1327, Bank for International Settlements.
    244. Xavier Gabaix, 2009. "The Granular Origins of Aggregate Fluctuations," NBER Working Papers 15286, National Bureau of Economic Research, Inc.
    245. Pierpaolo Benigno & Luca Antonio Ricci, 2008. "The Inflation-Unemployment Trade-Off at Low Inflation," NBER Working Papers 13986, National Bureau of Economic Research, Inc.
    246. Thorvardur Tjörvi Ólafsson, 2006. "The New Keynesian Phillips Curve: In Search of Improvements and Adaptation to the Open Economy," Economics wp31_tjorvi, Department of Economics, Central bank of Iceland.
    247. Radoslaw Paluszynski & Pei Cheng, 2019. "Pay What Your Dad Paid: Commitment and Price Rigidity in the Market for Life Insurance," Discussion Papers 2019-02, School of Economics, The University of New South Wales.
    248. Simon Mongey, 2017. "Market Structure and Monetary Non-neutrality," Staff Report 558, Federal Reserve Bank of Minneapolis.
    249. Adão, Bernardino & Silva, André C., 2020. "The effect of firm cash holdings on monetary policy," European Economic Review, Elsevier, vol. 128(C).
    250. James Costain & Antón Nákov, 2009. "Dynamics of the price distribution in a general model of state-dependent pricing," Working Papers 0831, Banco de España.
    251. James Costain & Antón Nákov, 2008. "Price adjustments in a general model of state-dependent pricing," Working Papers 0824, Banco de España.
    252. Alexander Bick & Dieter Nautz, 2008. "Inflation Thresholds and Relative Price Variability: Evidence from U.S. Cities," International Journal of Central Banking, International Journal of Central Banking, vol. 4(3), pages 61-76, September.
    253. Baaquie, Belal E., 2013. "Statistical microeconomics," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 392(19), pages 4400-4416.
    254. Ross D. Hickey & David S. Jacks, 2010. "Nominal Rigidities and Retail Price Dispersion in Canada over the Twentieth Century," NBER Working Papers 16098, National Bureau of Economic Research, Inc.
    255. Schenkelberg, Heike, 2011. "Why are Prices Sticky? Evidence from Business Survey Data," Discussion Papers in Economics 12158, University of Munich, Department of Economics.
    256. Cagliarini, Adam & Robinson, Tim & Tran, Allen, 2011. "Reconciling microeconomic and macroeconomic estimates of price stickiness," Journal of Macroeconomics, Elsevier, vol. 33(1), pages 102-120, March.
    257. Yao, Fang, 2009. "Time-dependent pricing and New Keynesian Phillips curve," Discussion Paper Series 1: Economic Studies 2009,08, Deutsche Bundesbank.
    258. Gee Hee Hong & Matthew Klepacz & Ernesto Pasten & Raphael Schoenle, 2020. "The Real Effects of Monetary Shocks: Evidence from Micro Pricing Moments," Working Papers Central Bank of Chile 875, Central Bank of Chile.
    259. Andreas Hefti & Shuo Liu, 2020. "Targeted information and limited attention," RAND Journal of Economics, RAND Corporation, vol. 51(2), pages 402-420, June.
    260. M. Dossche & F. Heylen & D. Van Den Poel, 2006. "The Kinked Demand Curve and Price Rigidity : Evidence from Scanner Data," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 06/429, Ghent University, Faculty of Economics and Business Administration.
    261. Willem H. Buiter, 2007. "Is Numerairology the Future of Monetary Economics? Unbundling numeraire and medium of exchange through a virtual currency and a shadow exchange rate," NBER Working Papers 12839, National Bureau of Economic Research, Inc.
    262. Borraz, Fernando & Livan, Giacomo & Rodríguez-Martínez, Anahí & Picardo, Pablo, 2022. "Price, sales, and the business cycle: Microeconomic evidence," Latin American Journal of Central Banking (previously Monetaria), Elsevier, vol. 3(1).
    263. Martin Berka & Michael B. Devereux & Thomas Rudolph, 2011. "Price Setting in a Leading Swiss Online Supermarket," NBER Working Papers 17126, National Bureau of Economic Research, Inc.
    264. Casares, Miguel, 2009. "Wage setting actors and sticky wages: Implications for the business cycle and optimal monetary policy," Economic Modelling, Elsevier, vol. 26(3), pages 571-585, May.
    265. Daniel Kaufmann, 2010. "The Timing of Price Changes and the Role of Heterogeneity," Working Papers 2010-02, Swiss National Bank.
    266. J. Konieczny, A. Skrzpacz, 2006. "Search, Costly Price Adjustment and the Frequency of Price Changes - Theory and Evidence," Working Papers eg0054, Wilfrid Laurier University, Department of Economics, revised 2006.
    267. Raphael Schoenle & Gauti Eggertsson & Saroj Bhattarai, 2012. "Is Increased Price Flexibility Stabilizing? Redux," 2012 Meeting Papers 487, Society for Economic Dynamics.
    268. Gita Gopinath & Oleg Itskhoki & Roberto Rigobon, 2007. "Currency Choice and Exchange Rate Pass-through," NBER Working Papers 13432, National Bureau of Economic Research, Inc.
    269. Solórzano, Diego & Arango-Castillo, Lenin, 2025. "Price duration using daily online data: Time- or state-dependent?," Latin American Journal of Central Banking (previously Monetaria), Elsevier, vol. 6(2).
    270. Mishel Ghassibe & Boromeus Wanengkirtyo & Ivan Yotzov, 2025. "Intertemporal Pass-Through," Working Papers 1524, Barcelona School of Economics.
    271. Sandra Gomes, 2004. "Monetary Policy in a Currency Union with National Price Asymmetries," Working Papers w200416, Banco de Portugal, Economics and Research Department.
    272. Andrea Lassmann, 2013. "Exchange Rate Transmission and Export Activity at the Firm Level," KOF Working papers 13-331, KOF Swiss Economic Institute, ETH Zurich.
    273. Vivian Malta & Rene Garcia & Carlos Carvalho & Marco Bonomo, 2015. "Persistent Monetary Non-neutrality in an Estimated Model with Menu Costs and Partially Costly Information," 2015 Meeting Papers 1339, Society for Economic Dynamics.
    274. Ordoñez Lucas Sebastián, 2024. "The transmission of Supply Shocks to inflation: The case of Argentina (2004-2023)," Asociación Argentina de Economía Política: Working Papers 4750, Asociación Argentina de Economía Política.
    275. Alan S. Blinder, 2019. "What does Jerome Powell know that William McChesney Martin didn’t—and what role did academic research play in that?," Working Papers 259, Princeton University, Department of Economics, Center for Economic Policy Studies..
    276. Erwan Gautier & Ronan Le Saout, 2012. "The Dynamics of Gasoline Prices: Evidence from Daily French Micro Data," Working papers 375, Banque de France.
    277. Henkel, Lukas, 2020. "Sectoral output effects of monetary policy: do sticky prices matter?," Working Paper Series 2473, European Central Bank.
    278. Ruediger Bachmann & Benjamin Born & Steffen Elstner & Christian Grimme, 2013. "Time-Varying Business Volatility and the Price Setting of Firms," NBER Working Papers 19180, National Bureau of Economic Research, Inc.
    279. Auclert, Adrien & Bardoczy, Bence & Rognlie, Matthew & Straub, Ludwig, 2019. "Using the Sequence-Space Jacobian to Solve and Estimate Heterogeneous-Agent Models," CEPR Discussion Papers 13890, C.E.P.R. Discussion Papers.
    280. Yao, Fang, 2010. "Aggregate hazard function in price-setting: A bayesian analysis using macro data," SFB 649 Discussion Papers 2010-020, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk.
    281. Leif Danziger, 2008. "Adjustment Costs, Inventories and Output," CESifo Working Paper Series 2244, CESifo.
    282. Sara Ellison & Christopher M. Snyder & Hongkai Zhang, 2016. "Costs of Managerial Attention and Activity as a Source of Sticky Prices: Structural Estimates from an Online Market," CESifo Working Paper Series 6285, CESifo.
    283. Luo, Shaowen & Villar, Daniel, 2023. "Propagation of shocks in an input-output economy: Evidence from disaggregated prices," Journal of Monetary Economics, Elsevier, vol. 137(C), pages 26-46.
    284. David Gbaguidi, 2012. "La courbe de Phillips : temps d’arbitrage et/ou arbitrage de temps," L'Actualité Economique, Société Canadienne de Science Economique, vol. 88(1), pages 87-119.
    285. Quamrul Ashraf & Boris Gershman & Peter Howitt, 2011. "Banks, Market Organization, and Macroeconomic Performance: An Agent-Based Computational Analysis," NBER Working Papers 17102, National Bureau of Economic Research, Inc.
    286. Eichenbaum, Martin & Fisher, Jonas D.M., 2007. "Estimating the frequency of price re-optimization in Calvo-style models," Journal of Monetary Economics, Elsevier, vol. 54(7), pages 2032-2047, October.
    287. Carvalho, Carlos & Kryvtsov, Oleksiy, 2021. "Price selection," Journal of Monetary Economics, Elsevier, vol. 122(C), pages 56-75.
    288. Franz Ruch & Neil Rankin & Stan du Plessis, 2016. "Decomposing inflation using micropricelevel data South Africas pricing dynamics," Working Papers 7353, South African Reserve Bank.
    289. Luo, Shaowen & Villar, Daniel, 2021. "The price adjustment hazard function: Evidence from high inflation periods," Journal of Economic Dynamics and Control, Elsevier, vol. 130(C).
    290. Yoshiyasu Ono & Junichiro Ishida, 2014. "On Persistent Demand Shortages: A Behavioural Approach," The Japanese Economic Review, Japanese Economic Association, vol. 65(1), pages 42-69, March.
    291. Gautier, Erwan & Karadi, Peter & Conflitti, Cristina & Fabo, Brian & Fadejeva, Ludmila & Fuss, Catherine & Kosma, Theodora & Jouvanceau, Valentin & Martins, Fernando & Menz, Jan-Oliver & Messner, Tere, 2023. "Price adjustment in the euro area in the low-inflation period: evidence from consumer and producer micro price data," Occasional Paper Series 319, European Central Bank.
    292. Alessandro Flamini & Iftekhar Hasan, 2025. "Aggregate Dynamics with Sectoral Price Stickiness Heterogeneity and Aggregate Real Shocks," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 57(5), pages 1361-1380, August.
    293. Sohei Kaihatsu & Mitsuru Katagiri & Noriyuki Shiraki, 2023. "Phillips Correlation and Price‐Change Distributions under Declining Trend Inflation," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 55(5), pages 1271-1305, August.
    294. V.V. Chari & Patrick J. Kehoe & Ellen R. McGrattan, 2008. "New Keynesian Models: Not Yet Useful for Policy Analysis," NBER Working Papers 14313, National Bureau of Economic Research, Inc.
    295. Peter Karadi & Adam Reiff, 2007. "Menu Costs and Inflation Asymmetries Some Micro Data Evidence," KRTK-KTI WORKING PAPERS 0706, Institute of Economics, Centre for Economic and Regional Studies.
    296. Patrick J. Kehoe & Virgiliu Midrigan, 2010. "Prices are Sticky After All," NBER Working Papers 16364, National Bureau of Economic Research, Inc.
    297. Trabandt, Mathias, 2007. "Sticky Information vs. Sticky Prices: A Horse Race in a DSGE Framework," Kiel Working Papers 1369, Kiel Institute for the World Economy.
    298. Fiorella De Fiore & Marco Jacopo Lombardi & Giacomo Mangiante, 2025. "The asymmetric and heterogeneous pass-through of input prices to firms' expectations and decisions," BIS Working Papers 1305, Bank for International Settlements.
    299. Makoto Nirei & José A. Scheinkman, 2021. "Repricing Avalanches," CARF F-Series CARF-F-510, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
    300. Shoji, Toshiaki, 2022. "Menu costs and information rigidity: Evidence from the consumption tax hike in Japan," Journal of Macroeconomics, Elsevier, vol. 72(C).
    301. Kuralbayeva, Karlygash, 2011. "Inflation persistence and exchange rate regime: Implications for dynamic adjustment to shocks in a small open economy," Journal of Macroeconomics, Elsevier, vol. 33(2), pages 193-205, June.
    302. Emi Nakamura & Jón Steinsson, 2008. "Monetary Non-Neutrality in a Multi-Sector Menu Cost Model," NBER Working Papers 14001, National Bureau of Economic Research, Inc.
    303. Utku Özmen, Mustafa & Akçelik, Fatih, 2017. "Asymmetric exchange rate and oil price pass-through in motor fuel market: A microeconometric approach," The Journal of Economic Asymmetries, Elsevier, vol. 15(C), pages 64-75.
    304. Hugh Montag & Daniel Villar, 2022. "Price-Setting During the Covid Era," Economic Working Papers 547, Bureau of Labor Statistics.
    305. Ryan Michaels & Michael Elsby, 2012. "Fixed Adjustment Costs and Aggregate Fluctuations," 2012 Meeting Papers 679, Society for Economic Dynamics.
    306. Alessandro Cologni & Matteo Manera, 2011. "On the Economic Determinants of Oil Production. Theoretical Analysis and Empirical Evidence for Small Exporting Countries," Working Papers 2011.54, Fondazione Eni Enrico Mattei.
    307. Daisuke Ikeda & Shinichi Nishioka, 2007. "Price Setting Behavior and Hazard Functions: Evidence from Japanese CPI Micro Data," Bank of Japan Working Paper Series 07-E-19, Bank of Japan.
    308. Karadi, Peter & Reiff, Adam, 2012. "Large shocks in menu cost models," Working Paper Series 1453, European Central Bank.
    309. Guojun He & Jeffrey T. LaFrance & Jeffrey M. Perloff & Richard Volpe, 2024. "How do Everyday-Low-Price Supermarkets Adjust Their Prices?," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 64(1), pages 117-146, February.
    310. Erwan Gautier & Hervé Le Bihan, 2009. "Time-varying (S, s) band models: empirical properties and interpretation," Working papers 231, Banque de France.
    311. Hack, Lukas & Rostam-Afschar, Davud, 2025. "Which Macroeconomic News Matters for Price-Setting?," IZA Discussion Papers 17935, IZA Network @ LISER.
    312. Filippo Altissimo & Benoit Mojon & Paolo Zaffaroni, 2007. "Fast micro and slow macro: can aggregation explain the persistence of inflation?," Working Paper Series WP-07-02, Federal Reserve Bank of Chicago.
    313. McAdam, Peter & Willman, Alpo, 2007. "State-dependency and firm-level optimization: a contribution to Calvo price staggering," Working Paper Series 806, European Central Bank.
    314. Demery, David, 2012. "State-dependent pricing and the non-neutrality of money," Journal of Macroeconomics, Elsevier, vol. 34(4), pages 933-944.
    315. Rebelo, Sergio & Santana, Miguel & Teles, Pedro, 2025. "Behavioral sticky prices," Journal of Monetary Economics, Elsevier, vol. 155(S).
    316. Fransesco Furlanetto & Martin Seneca, 2010. "Investment-specific technology shocks and consumption," Economics wp49, Department of Economics, Central bank of Iceland.
    317. Fernando Alvarez & Andrea Ferrara & Erwan Gautier & Hervé Le Bihan & Francesco Lippi, 2021. "Empirical Investigation of a Sufficient Statistic for Monetary Shocks," Working papers 839, Banque de France.
    318. Joel P. Flynn & George Nikolakoudis & Karthik A. Sastry, 2026. "Pricing and Production Without the Invisible Hand," Cowles Foundation Discussion Papers 2501, Cowles Foundation for Research in Economics, Yale University.
    319. Christiano, Lawrence & Motto, Roberto & Rostagno, Massimo, 2010. "Financial factors in economic fluctuations," Working Paper Series 1192, European Central Bank.
    320. Almut Balleer & Peter Zorn, 2019. "Monetary Policy, Price Setting, and Credit Constraints," CESifo Working Paper Series 7978, CESifo.
    321. De Veirman, Emmanuel, 2023. "How does the Phillips curve slope vary with repricing rates?," Working Paper Series 2804, European Central Bank.
    322. Diego Aparicio & Roberto Rigobon, 2020. "Quantum Prices," NBER Working Papers 26646, National Bureau of Economic Research, Inc.
    323. James Costain & Anton Nakov, 2013. "Logit price dynamics," Working Papers 1301, Banco de España.
    324. Sigurdsson, Jósef & Sigurdardottir, Rannveig, 2016. "Time-dependent or state-dependent wage-setting? Evidence from periods of macroeconomic instability," Journal of Monetary Economics, Elsevier, vol. 78(C), pages 50-66.
    325. Alisdair McKay & Johannes F. Wieland, 2021. "Lumpy Durable Consumption Demand and the Limited Ammunition of Monetary Policy," Staff Report 622, Federal Reserve Bank of Minneapolis.
    326. Ignazio Angeloni & Luc Aucremanne & Michael Ehrmann & Jordi Galí & Andrew Levin & Frank Smets, 2006. "New Evidence on Inflation Persistence and Price Stickiness in the Euro Area: Implications for Macro Modeling," Journal of the European Economic Association, MIT Press, vol. 4(2-3), pages 562-574, 04-05.
    327. Lhuissier, Stéphane & Zabelina, Margarita, 2015. "On the stability of Calvo-style price-setting behavior," Journal of Economic Dynamics and Control, Elsevier, vol. 57(C), pages 77-95.
    328. Yuriy Gorodnichenko, 2008. "Endogenous information, menu costs and inflation persistence," NBER Working Papers 14184, National Bureau of Economic Research, Inc.
    329. Per Krusell & Toshihiko Mukoyama & Richard Rogerson & Aysegul Sahin, 2020. "Gross Worker Flows and Fluctuations in the Aggregate Labor Market," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 37, pages 205-226, August.
    330. Marco Bonomo & Carlos Viana de Carvalho, 2005. "Endogenous Time-Dependent Rules and the Costs of Disinflation with Imperfect Credibility," Macroeconomics 0509004, University Library of Munich, Germany.
    331. Juan Manuel Julio & H�ctor Manuel Z�rate, 2008. "The Price Setting Behavior in Colombia:Evidence from PPI Micro Data," Borradores de Economia 4511, Banco de la Republica.
    332. Shuhei Takahashi, 2018. "Does State-Dependent Wage Setting Generate Multiple Equilibria?," KIER Working Papers 991, Kyoto University, Institute of Economic Research.
    333. Kimura, Takeshi & Kurozumi, Takushi, 2010. "Endogenous nominal rigidities and monetary policy," Journal of Monetary Economics, Elsevier, vol. 57(8), pages 1038-1048, November.
    334. Olivier Wang & Iván Werning, 2020. "Dynamic Oligopoly and Price Stickiness," NBER Working Papers 27536, National Bureau of Economic Research, Inc.
    335. Maximilian Gödl & Isabel Gödl-Hanisch, 2024. "Wage Setting in Times of High and Low Inflation," CESifo Working Paper Series 11319, CESifo.
    336. Francisca Sara-Zaror, 2024. "Inflation, Price Dispersion, and Welfare: The Role of Consumer Search," Finance and Economics Discussion Series 2024-047, Board of Governors of the Federal Reserve System (U.S.).
    337. Arnildo Correa & Myrian Petrassi & Rafael Santos, 2018. "Price-Setting Behavior in Brazil: Survey Evidence," Journal of Business Cycle Research, Springer;Centre for International Research on Economic Tendency Surveys (CIRET), vol. 14(2), pages 283-310, November.
    338. Marc Dordal-i-Carreras & Olivier Coibion & Yuriy Gorodnichenko & Johannes Wieland, 2016. "Infrequent but Long-Lived Zero-Bound Episodes and the Optimal Rate of Inflation," NBER Working Papers 22510, National Bureau of Economic Research, Inc.
    339. Yang, Choongryul, 2022. "Rational inattention, menu costs, and multi-product firms: Micro evidence and aggregate implications," Journal of Monetary Economics, Elsevier, vol. 128(C), pages 105-123.
    340. Patrick Kehoe, 2004. "EconomicDynamics Forum: Patrick Kehoe on Whether Price Rigidities Matter for Business Cycle Analysis," EconomicDynamics Newsletter, Review of Economic Dynamics, vol. 5(2), April.
    341. Julia K. Thomas & Aubhik Khan, 2008. "(S,s) inventories, state-dependent prices and the propagation of nominal shocks," 2008 Meeting Papers 947, Society for Economic Dynamics.
    342. Anthony Landry & Marianne Baxter, 2013. "IKEA: Product, Pricing, and Pass-Through," 2013 Meeting Papers 1363, Society for Economic Dynamics.
    343. George-Marios Angeletos & Zhen Huo, 2018. "Myopia and Anchoring," NBER Working Papers 24545, National Bureau of Economic Research, Inc.
    344. Peter Mcadam & Alpo Willman, 2010. "Arrow–Calvo Price Staggering," Manchester School, University of Manchester, vol. 78(6), pages 556-581, December.
    345. Fernando Alvarez & Francesco Lippi, 2014. "Price Setting With Menu Cost for Multiproduct Firms," Econometrica, Econometric Society, vol. 82(1), pages 89-135, January.
    346. Phuong Ngo & Jianjun Miao, 2015. "Does Calvo Meet Rotemberg at the Zero Lower Bound?," 2015 Meeting Papers 602, Society for Economic Dynamics.
    347. Sarah M. Rupprecht, 2007. "When Do Firms Adjust Prices? Evidence from Micro Panel Data," KOF Working papers 07-160, KOF Swiss Economic Institute, ETH Zurich.
    348. Laurent Baudry & Hervé Le Bihan & Patrick Sevestre & Sylvie Tarrieu, 2007. "What do Thirteen Million Price Records have to Say about Consumer Price Rigidity?," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 69(2), pages 139-183, April.
    349. Dhyne, E. & Fuss, C. & Pesaran, H. & Sevestre, P., 2007. "Lumpy Price Adjustments, A Microeconometric Analysis," Cambridge Working Papers in Economics 0719, Faculty of Economics, University of Cambridge.
    350. Ahrens, Steffen & Hartmann, Matthias, 2014. "State-dependence vs. timedependence: An empirical multi-country investigation of price sluggishness," Kiel Working Papers 1907, Kiel Institute for the World Economy.
    351. Wenbin Wu, 2022. "Sales of Durable Goods and the Real Effects of Monetary Policy," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 43, pages 80-92, January.
    352. Stefano Neri & Cristina Conflitti & Alessandro Lin, 2026. "The awakening of inflation and the return of the Phillips curve in the euro area," Temi di discussione (Economic working papers) 1525, Bank of Italy, Economic Research and International Relations Area.
    353. Marco Bonomo & Arnildo da Silva Correa & Marcelo Cunha Medeiros, 2013. "Estimating Strategic Complementarity in a State-Dependent Pricing Model," Working Papers Series 341, Central Bank of Brazil, Research Department.
    354. Erwan Gautier & Magali Marx & Paul Vertier, 2022. "How do Gasoline Prices Respond to a Cost Shock ?," Working papers 861, Banque de France.
    355. Gargiulo, Valeria & Matthes, Christian & Petrova, Katerina, 2025. "Monetary policy across inflation regimes," European Economic Review, Elsevier, vol. 178(C).
    356. Chen Yeh & David Argente, 2016. "A Menu Cost Model with Price Experimentation," 2016 Meeting Papers 1515, Society for Economic Dynamics.
    357. Alok Johri & Amartya Lahiri, 2008. "Persistent Real Exchange Rates," Department of Economics Working Papers 2008-04, McMaster University.
    358. Atanas Hristov, 2009. "Credit Frictions and Labor Market Dynamics," Working Paper / FINESS 7.3, DIW Berlin, German Institute for Economic Research.
    359. Brand, Claus & Obstbaum, Meri & Coenen, Günter & Sondermann, David & Lydon, Reamonn & Ajevskis, Viktors & Hammermann, Felix & Angino, Siria & Hernborg, Nils & Basso, Henrique & Hertweck, Matthias & Bi, 2021. "Employment and the conduct of monetary policy in the euro area," Occasional Paper Series 275, European Central Bank.
    360. Pawel Baranowski & Mariusz Gorajski & Maciej Malaczewski & Grzegorz Szafranski, 2013. "Inflation in Poland under state-dependent pricing," Discussion Papers 83, Aboa Centre for Economics.
    361. Julio J. Rotemberg, 2009. "Altruistic Dynamic Pricing with Customer Regret," NBER Working Papers 14933, National Bureau of Economic Research, Inc.
    362. Karadi, Peter & Nakov, Anton & Nuño, Galo & Pasten, Ernesto & Thaler, Dominik, 2025. "Strike while the iron is hot – optimal monetary policy under state-dependent pricing," Working Paper Series 3068, European Central Bank.
    363. Julio-Román, Juan Manuel, 2011. "Heterogeneidad observada y no observada en la formación de los precios del IPC colombiano," Chapters, in: López Enciso, Enrique & Ramírez Giraldo, María Teresa (ed.), Formación de precios y salarios en Colombia, tomo I, volume 1, chapter 7, pages 217-247, Banco de la Republica de Colombia.
    364. Andra Ghent, 2012. "Infrequent Housing Adjustment, Limited Participation, and Monetary Policy," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 44(5), pages 931-955, August.
    365. Nao Sudo & Kozo Ueda & Kota Watanabe, 2013. "Micro Price Dynamics during Japan's Lost Decades," CAMA Working Papers 2013-63, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    366. Mishel Ghassibe & Anton Nakov, 2025. "Business Cycles with Pricing Cascades," Working Papers 1525, Barcelona School of Economics.
    367. Klenow, Peter J. & Willis, Jonathan L., 2007. "Sticky information and sticky prices," Journal of Monetary Economics, Elsevier, vol. 54(Supplemen), pages 79-99, September.
    368. Stiglitz, Joseph E., 2019. "Addressing climate change through price and non-price interventions," European Economic Review, Elsevier, vol. 119(C), pages 594-612.
    369. Kenichi MATSUMOTO & Azusa OKAGAWA, 2010. "Analysis of Economic and Environmental Impacts of CO2 Abatement in Japan Applying a CGE Model with Knowledge Investment," EcoMod2010 259600115, EcoMod.
    370. Tack Yun & Andrew Levin, 2009. "Reconsidering the Microeconomic Foundations of Price-Setting Behavior," 2009 Meeting Papers 798, Society for Economic Dynamics.
    371. Oleksiy Kryvtsov & Virgiliu Midrigan, 2011. "Inventories, Markups and Real Rigidities in Sticky Price Models of the Canadian Economy," Staff Working Papers 11-9, Bank of Canada.
    372. Quineche, Ricardo & Zapata, Juan, 2025. "Inflationary and Deflationary Pressures: A Behavioral Decomposition of U.S. Inflation Dynamics," MPRA Paper 125441, University Library of Munich, Germany.
    373. Hahn, Volker & Schürle, Annika, 2025. "How does inflation affect different age groups?," Journal of Economic Dynamics and Control, Elsevier, vol. 180(C).
    374. Marvin Goodfriend, 2007. "How the World Achieved Consensus on Monetary Policy," Journal of Economic Perspectives, American Economic Association, vol. 21(4), pages 47-68, Fall.
    375. Fernando Alvarez & Francesco Lippi, 2010. "A note on price adjustment with menu cost for multi-product firms," EIEF Working Papers Series 1018, Einaudi Institute for Economics and Finance (EIEF), revised Dec 2010.
    376. Ansgar Belke & Joscha Beckmann & Florian Verheyen, 2012. "Interest Rate Pass-Through in the EMU – New Evidence from Nonlinear Cointegration Techniques for Fully Harmonized Data," ROME Working Papers 201203, ROME Network.
    377. Juan Manuel Julio & Héctor Manuel Zárate & Manuel Dario Hernández, 2009. "The Stickiness of Colombian Consumer Prices," Borradores de Economia 578, Banco de la Republica de Colombia.
    378. Shuhei Takahashi, 2015. "State Dependency in Price and Wage Setting," KIER Working Papers 918, Kyoto University, Institute of Economic Research.
    379. Donayre, Luiggi, 2014. "Estimated Thresholds In The Response Of Output To Monetary Policy: Are Large Policy Changes Less Effective?," Macroeconomic Dynamics, Cambridge University Press, vol. 18(1), pages 41-64, January.
    380. Kevin XD Huang & Nam T Vu, 2019. "Rare but Long-lasting Liquidity Traps and Fiscal Stimulus," Vanderbilt University Department of Economics Working Papers 19-00014, Vanderbilt University Department of Economics.
    381. Jósef Sigurdsson & Rannveig Sigurdardottir, 2011. "Evidence of Nominal Wage Rigidity and Wage Setting from Icelandic Microdata," Economics wp55, Department of Economics, Central bank of Iceland.
    382. Stefano Eusepi & Bart Hobijn & Andrea Tambalotti, 2009. "CONDI: a cost-of-nominal-distortions index," Working Paper Series 2009-03, Federal Reserve Bank of San Francisco.
    383. Nicoletta Berardi & Erwan Gautier & Hervé Le Bihan, 2014. "More facts about prices: France before and during the Great Recession," Working Papers hal-01060564, HAL.
    384. Juan Pablo Medina & David Rappoport & Claudio Soto, 2007. "Dynamics of Price Adjustments: Evidence From Micro Level Data for Chile," Working Papers Central Bank of Chile 432, Central Bank of Chile.
    385. Ian McDonald, 2009. "Behavioural macroeconomics and wage and price setting: Developing some early insights of John Maynard Keynes and Joan Robinson," CAMA Working Papers 2009-11, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    386. Andrew T. Levin & Alexei Onatski & John C. Williams & Noah Williams, 2005. "Monetary Policy Under Uncertainty in Micro-Founded Macroeconometric Models," NBER Working Papers 11523, National Bureau of Economic Research, Inc.
    387. Gallin, Joshua & Verbrugge, Randal J., 2019. "A theory of sticky rents: Search and bargaining with incomplete information," Journal of Economic Theory, Elsevier, vol. 183(C), pages 478-519.
    388. Tim Willems, 2013. "Actively Learning by Pricing: A Model of an Experimenting Seller," Economics Series Working Papers 687, University of Oxford, Department of Economics.
    389. Alistair Macaulay, 2022. "Heterogeneous Information, Subjective Model Beliefs, and the Time-Varying Transmission of Shocks," CESifo Working Paper Series 9733, CESifo.
    390. Lein, Sarah & Beck, Günter, 2020. "Price elasticities and demand-side real rigidities in micro data and in macro models," CEPR Discussion Papers 14303, C.E.P.R. Discussion Papers.
    391. Sevim Kosem Alp, 2010. "Optimal Monetary Policy under Sectoral Heterogeneity in Inflation Persistence (Sektorel Enflasyon Ataleti Farkliligi Altinda Optimal Para Politikasi)," Working Papers 1004, Research and Monetary Policy Department, Central Bank of the Republic of Turkey.
    392. Marc Hofstetter, 2008. "Sticky Prices and Moderate Inflation," Documentos CEDE 5856, Universidad de los Andes, Facultad de Economía, CEDE.
    393. Sveen, Tommy & Weinke, Lutz, 2007. "Inflation Dynamics and Labor Market Dynamics Revisited," Kiel Working Papers 1368, Kiel Institute for the World Economy.
    394. Yangyang Ji, 2021. "Are Technology Shocks More Expansionary at the ZLB?," CESifo Economic Studies, CESifo Group, vol. 67(3), pages 296-317.
    395. Julio Blanco & Isaac Baley, 2013. "Learning to Price," 2013 Meeting Papers 663, Society for Economic Dynamics.
    396. Nakamura, Alice O. & Nakamura, Emi & Nakamura, Leonard I., 2011. "Price dynamics, retail chains and inflation measurement," Journal of Econometrics, Elsevier, vol. 161(1), pages 47-55, March.
    397. Phelan, Thomas & Eslami, Keyvan, 2022. "Applications of Markov chain approximation methods to optimal control problems in economics," Journal of Economic Dynamics and Control, Elsevier, vol. 143(C).
    398. Narayana Kocherlakota, 2016. "Fragility of Purely Real Macroeconomic Models," NBER Working Papers 21866, National Bureau of Economic Research, Inc.
    399. Kenneth Burdett & Guido Menzio, 2013. "(Q,S,s) Pricing Rules," NBER Working Papers 19094, National Bureau of Economic Research, Inc.
    400. Almut Balleer & Nikolay Hristov & Dominik Menno, 2017. "Financial Constraints and Nominal Price Rigidities," CESifo Working Paper Series 6309, CESifo.
    401. Erwan Gautier, 2008. "Les ajustements micro conomiques des prix : une synth se des mod les Théoriques et résultats empiriques," Working papers 211, Banque de France.
    402. Boehl, Gregor, 2025. "HANK on speed: Robust nonlinear solutions using automatic differentiation," Journal of Economic Theory, Elsevier, vol. 230(C).
    403. Charles T. Carlstrom & Timothy S. Fuerst & Matthias Paustian, 2012. "How inflationary is an extended period of low interest rates?," Working Papers (Old Series) 1202, Federal Reserve Bank of Cleveland.
    404. Kolver Hernandez, 2004. "Inflation and Output Dynamics with State-Dependent Frequency of Price Changes," Macroeconomics 0411020, University Library of Munich, Germany.
    405. Enrique Martínez García, 2007. "A monetary model of the exchange rate with informational frictions," Globalization Institute Working Papers 02, Federal Reserve Bank of Dallas.
    406. Erwan Gautier & Ronan Le Saout, 2015. "L'ajustement microéconomique des prix des carburants en France," Working Papers hal-01195759, HAL.
    407. Karadi, Peter & Nakov, Anton & Nuño, Galo & Pasten, Ernesto & Thaler, Dominik, 2025. "Why monetary policy should crack down harder during high inflation," Research Bulletin, European Central Bank, vol. 130.
    408. Dedola, Luca & Gautier, Erwan & Nakov, Anton & Santoro, Sergio & De Veirman, Emmanuel & Henkel, Lukas & Fagandini, Bruno, 2023. "Some implications of micro price-setting evidence for inflation dynamics and monetary transmission," Occasional Paper Series 321, European Central Bank.
    409. Matthew Klepacz, 2021. "Price Setting and Volatility: Evidence from Oil Price Volatility Shocks," International Finance Discussion Papers 1316, Board of Governors of the Federal Reserve System (U.S.).
    410. Antoine Camous & Dmitry Matveev, 2025. "Monetary Stabilization of a Multi-Sector Economy: Adding Words to Action?," Working papers 1013, Banque de France.
    411. Xiao, Qiang & Cao, Honghong & He, Yongda & Oxley, Les, 2025. "State-dependent pricing of monetary policy nonlinearities and inflation at risk for China," Research in International Business and Finance, Elsevier, vol. 75(C).
    412. Mohamed Diaby & Atsuyoshi Morozumi, 2019. "Sectoral heterogeneities in price rigidity and returns to scale," Discussion Papers 2019/05, University of Nottingham, Centre for Finance, Credit and Macroeconomics (CFCM).
    413. Leena Rudanko, 2022. "Price Setting with Customer Capital: Sales, Teasers, and Rigidity," Working Papers 22-31, Federal Reserve Bank of Philadelphia.
    414. F. Alvarez & F. Lippi & L. Paciello, 2010. "Optimal price setting with observation and menu costs," 2010 Meeting Papers 478, Society for Economic Dynamics.
    415. Demetris Koursaros & Nektarios Michail & Niki Papadopoulou & Christos Savva, 2023. "Sales and promotions and the great recession deflation," Empirical Economics, Springer, vol. 64(1), pages 349-392, January.
    416. Borraz, Fernando & Livan, Giacomo & Rodríguez-Martínez, Anahí & Picardo, Pablo, 2020. "Price, sales, and the business cycle: a time series principal component analysis," GLO Discussion Paper Series 735, Global Labor Organization (GLO).
    417. Jeffrey R. Campbell & Benjamin Eden, 2005. "Rigid prices: evidence from U.S. scanner data," Working Paper Series WP-05-08, Federal Reserve Bank of Chicago.
    418. Xie, Jin, 2020. "Capital-market consequences of asymmetric output-price rigidities," Journal of Monetary Economics, Elsevier, vol. 114(C), pages 221-239.
    419. Feltrin Jr, Celio & Guimaraes, Bernardo, 2015. "Time-dependent or state-dependent pricing? Evidence from a large devaluation episode," LSE Research Online Documents on Economics 86321, London School of Economics and Political Science, LSE Library.
    420. Christian Beer & Robert Ferstl & Bernhard Graf & Fabio Rumler, 2023. "Grocery price setting in times of high inflation: what webscraped data tell us," Monetary Policy & the Economy, Oesterreichische Nationalbank (Austrian Central Bank), issue Q4/22-Q1/, pages 43-54.
    421. Balleer, Almut & Hristov, Nikolay & Menno, Dominik, 2020. "Menu costs, the price gap distribution and monetary non-neutrality: The role of financial constraints," CEPR Discussion Papers 11790, C.E.P.R. Discussion Papers.
    422. Hanno Lustig & Stijn Van Nieuwerburgh, 2005. "The Returns on Human Capital: Good News on Wall Street is Bad News on Main Street," NBER Working Papers 11564, National Bureau of Economic Research, Inc.
    423. Paola Mariell Brens Ortega, 2020. "An Econometric Analysis of a Calibrated Macroeconomic Model for the Dominican Republic: A Closer Look into Monetary Policy," Documentos de Trabajo 18253, The Latin American and Caribbean Economic Association (LACEA).
    424. Kolver Hernandez, 2006. "State-Dependent Nominal Rigidities & Disinflation Programs in Small Open Economies," Working Papers 06-13, University of Delaware, Department of Economics.
    425. Christian Korth & Stefan Napel, 2009. "Fairness, Price Stickiness, and History Dependence in Decentralized Trade," Post-Print hal-00682404, HAL.
    426. Andrew B. Abel & Janice C. Eberly & Stavros Panageas, 2009. "Optimal Inattention to the Stock Market with Information Costs and Transactions Costs," NBER Working Papers 15010, National Bureau of Economic Research, Inc.
    427. Alejandro Justiniano & Michael Kumhof & Federico Ravenna, 2006. "Multi-Sectoral Cascading and Price Dynamics - A Bayesian Econometric Evaluation," Computing in Economics and Finance 2006 422, Society for Computational Economics.
    428. Simon Bilo, 2018. "Lucas and Hume on Monetary Non-neutrality: A Tension between the Logic and the Technique of Economics," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 44(3), pages 364-380, June.
    429. Williamson, Stephen D. & Wright, Randall, 2010. "New Monetarist Economics: Models," MPRA Paper 21030, University Library of Munich, Germany.
    430. Dirk Van den Poel & Benjamin Verhelst, 2011. "Price Rigidity in Europe and the US: A Comparative Analysis Using Scanner Data," 2011 Meeting Papers 524, Society for Economic Dynamics.
    431. Joseph S. Vavra, 2013. "Inflation Dynamics and Time-Varying Volatility: New Evidence and an Ss Interpretation," NBER Working Papers 19148, National Bureau of Economic Research, Inc.
    432. Hassan Afrouzi, 2020. "Strategic Inattention, Inflation Dynamics, and the Non-Neutrality of Money," CESifo Working Paper Series 8218, CESifo.
    433. Reiff, Adam & Karadi, Peter, 2014. "Menu Costs, Aggregate Fluctuations, and Large Shocks," CEPR Discussion Papers 10138, C.E.P.R. Discussion Papers.
    434. Emmanuel De Veirman & Andrew Levin, 2011. "Cyclical changes in firm volatility," Reserve Bank of New Zealand Discussion Paper Series DP2011/06, Reserve Bank of New Zealand.
    435. Michael Weber, 2014. "Nominal Rigidities and Asset Pricing," 2014 Meeting Papers 53, Society for Economic Dynamics.
    436. F. Alvarez & Hervé Le Bihan & F. Lippi, 2014. "Small and large price changes and the propagation of monetary shocks," Working papers 492, Banque de France.
    437. Wilko Letterie & Øivind A. Nilsen, 2022. "Pricing Behaviour and Menu Costs in Multi‐product Firms," Economica, London School of Economics and Political Science, vol. 89(355), pages 746-769, July.
    438. John, A.Andrew & Wolman, Alexander L., 2008. "Steady-state equilibrium with state-dependent pricing," Journal of Monetary Economics, Elsevier, vol. 55(2), pages 383-405, March.
    439. Landry, Anthony, 2009. "Expectations and exchange rate dynamics: A state-dependent pricing approach," Journal of International Economics, Elsevier, vol. 78(1), pages 60-71, June.
    440. Bruno Perdigão, 2019. "“Still" an Agnostic Procedure to Identify Monetary Policy Shocks with Sign Restrictions," Working Papers Series 494, Central Bank of Brazil, Research Department.
    441. De Graeve, Ferre & Walentin, Karl, 2011. "Refining Stylized Facts from Factor Models of Inflation," Working Paper Series 254, Sveriges Riksbank (Central Bank of Sweden), revised 01 Oct 2013.
    442. Wojciech Charemza & Svetlana Makarova & Imran Shah, 2013. "Frequent episoded of high inflation and real effects," EcoMod2013 5478, EcoMod.
    443. Cavallo, Alberto & Rigobon, Roberto, 2011. "The Distribution of the Size of Price Changes," Working Papers 2011-011, Banco Central de Reserva del Perú.
    444. Fransesco Furlanetto & Martin Seneca, 2010. "New Perspectives on Depreciation Shocks as a Source of Business Cycle Fluctuations," Economics wp48, Department of Economics, Central bank of Iceland.
    445. Philip Bunn & Lena Anayi & Nicholas Bloom & Paul Mizen & Gregory Thwaites & Ivan Yotzov, 2025. "How curvy is the Phillips curve?," Bank of England working papers 1107, Bank of England.
    446. Edward S. Knotek Ii, 2010. "A Tale of Two Rigidities: Sticky Prices in a Sticky‐Information Environment," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 42(8), pages 1543-1564, December.
    447. Tomáš Otáhal, 2012. "Ekonomická historie: čím přispívá historický příklad k pochopení ekonomických jevů? [Economic History: What Are the Contributions of Historical Example to Understanding of Economic Phenomena?]," Politická ekonomie, Prague University of Economics and Business, vol. 2012(5), pages 679-693.
    448. Hellwig, Christian & Venkateswaran, Venky, 2009. "Setting the right prices for the wrong reasons," Journal of Monetary Economics, Elsevier, vol. 56(S), pages 57-77.
    449. Engin Kara, 2025. "The Curse of Flexibility Under Uncertainty," CESifo Working Paper Series 12166, CESifo.
    450. Fregert, Klas, 2008. "The choice between state- and time-dependent price rules," Working Papers 2008:6, Lund University, Department of Economics.
    451. Hiroshi Yoshikawa & Hideaki Aoyama & Yoshi Fujiwara & Hiroshi Iyetomi, 2015. "Deflation/Inflation Dynamics: Analysis based on Micro Prices ," CIRJE F-Series CIRJE-F-959, CIRJE, Faculty of Economics, University of Tokyo.
    452. Stella, Andrea, 2020. "Economies of scope in price setting: A moment inequalities estimation," Journal of Monetary Economics, Elsevier, vol. 110(C), pages 50-61.
    453. Gee Hee Hong & Ernesto Pasten & Matthew Klepacz & Raphael Schoenle, 2019. "From Micro to Macro: A New Methodology to Discriminate Among Models," 2019 Meeting Papers 906, Society for Economic Dynamics.
    454. Alberto Cavallo & Francesco Lippi & Ken Miyahara, 2024. "Large shocks travel fast," Working Papers 198, Peruvian Economic Association.
    455. Ray, Sourav & Snir, Avichai & Levy, Daniel, 2023. "Retail pricing format and rigidity of regular prices," MPRA Paper 117784, University Library of Munich, Germany, revised 29 Apr 2023.
    456. Karlygash Kuralbayeva, 2007. "Inflation persistence: Implications for a design of monetary policy in a small open economy subject to external shocks," CEIS Research Paper 93, Tor Vergata University, CEIS.
    457. Péter Karádi (ed.), 2009. "Rethinking Business Cycle Models – Workshop at the MNB," MNB Bulletin (discontinued), Magyar Nemzeti Bank (Central Bank of Hungary), vol. 4(3), pages 27-38, October.
    458. Isaac Baley & Andrés Blanco, 2019. "Firm Uncertainty Cycles and the Propagation of Nominal Shocks," American Economic Journal: Macroeconomics, American Economic Association, vol. 11(1), pages 276-337, January.
    459. Jerzy D. Konieczny, 2006. "Discussion of: Lumpy Price Adjustments: A Microeconometric Analysis," Working Papers jk0035, Wilfrid Laurier University, Department of Economics, revised 1970.
    460. Luigi Paciello, 2008. "The Response of Prices to Technology and Monetary Policy Shocks under Rational Inattention," EIEF Working Papers Series 0816, Einaudi Institute for Economics and Finance (EIEF), revised Nov 2007.
    461. Beck, Günter W. & Lein, Sarah M., 2015. "Microeconometric evidence on demand-side real rigidity and implications for monetary non-neutrality," Working papers 2015/13, Faculty of Business and Economics - University of Basel.
    462. Erdem Başçı & Sıdıka Başçı, 2021. "Demand Deficiency and Inflation in the G7 Countries," International Econometric Review (IER), Economic Research Association, vol. 13(3), pages 59-70, September.
    463. George Alessandria & Horag Choi, 2011. "Establishment heterogeneity, exporter dynamics, and the effects of trade liberalization," Working Papers 11-19, Federal Reserve Bank of Philadelphia.
    464. Fabrizio Coricelli & Roman Horvath, 2008. "Price Setting And Market Structure: An Empirical Analysis Of Micro Data," William Davidson Institute Working Papers Series wp938, William Davidson Institute at the University of Michigan.
    465. Martin Eichenbaum & Jonas D.M. Fisher, 2004. "Evaluating the Calvo Model of Sticky Prices," NBER Working Papers 10617, National Bureau of Economic Research, Inc.
    466. Yuichi KICHIKAWA & Hideaki AOYAMA & Yoshi FUJIWARA & Hiroshi IYETOMI & Hiroshi YOSHIKAWA, 2018. "Analysis of Inflation/Deflation: Clusters of micro prices matter!," Discussion papers 18055, Research Institute of Economy, Trade and Industry (RIETI).
    467. Etro, Federico, 2017. "Research in economics and monopolistic competition," Research in Economics, Elsevier, vol. 71(4), pages 645-649.
    468. Gomes, Orlando, 2012. "Thought experimentation and the Phillips curve," Research in Economics, Elsevier, vol. 66(1), pages 45-64.
    469. Calvo, Guillermo & Celasun, Oya & Kumhof, Michael, 2007. "Inflation inertia and credible disinflation," Journal of International Economics, Elsevier, vol. 73(1), pages 48-68, September.
    470. Greg Kaplan & Guido Menzio, 2013. "The Research Agenda: Greg Kaplan and Guido Menzio on the Macroeconomics of Bargain Hunting," EconomicDynamics Newsletter, Review of Economic Dynamics, vol. 14(2), November.
    471. Gbaguidi, David Sedo, 2011. "Regime Switching in a New Keynesian Phillips Curve with Non-zero Steady-state Inflation Rate," MPRA Paper 35481, University Library of Munich, Germany.
    472. Andreas Hefti & Shuo Liu, 2016. "Targeted information and limited attention," ECON - Working Papers 230, Department of Economics - University of Zurich, revised Dec 2019.
    473. Fernando Martins & Daniel Dias, 2010. "Understanding Price-reviewing Strategies Using Firm-level Data," Economic Bulletin and Financial Stability Report Articles and Banco de Portugal Economic Studies, Banco de Portugal, Economics and Research Department.
    474. Joel P. Flynn & George Nikolakoudis & Karthik A. Sastry, 2026. "A Theory of Supply Function Choice and Aggregate Supply," American Economic Review, American Economic Association, vol. 116(2), pages 710-748, February.
    475. Kochen Federico, 2016. "Price-Setting in Mexico and the Real Effects of Monetary Shocks," Working Papers 2016-21, Banco de México.
    476. Sheremirov, Viacheslav, 2020. "Price dispersion and inflation: New facts and theoretical implications," Journal of Monetary Economics, Elsevier, vol. 114(C), pages 59-70.
    477. Mark N. Harris & Hervé Le Bihan & Patrick Sevestre, 2020. "Identifying Price Reviews by Firms: An Econometric Approach," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 52(2-3), pages 293-322, March.
    478. Petrella, Ivan & Santoro, Emiliano & Simonsen, Lasse de la Porte, 2018. "Time-varying Price Flexibility and Inflation Dynamics," CEPR Discussion Papers 13027, C.E.P.R. Discussion Papers.
    479. Huw Dixon & Kul Luintel & Kun Tian, 2020. "The Impact of the 2008 Crisis on UK Prices: What We Can Learn from the CPI Microdata," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 82(6), pages 1322-1341, December.
    480. Pierpaolo Benigno & Anastasios Karantounias, 2006. "Overconfidence, Subjective Perception and Pricing Behavior," NBER Working Papers 11922, National Bureau of Economic Research, Inc.
    481. Nuno Alves, 2004. "A Flexible View on Prices," Working Papers w200406, Banco de Portugal, Economics and Research Department.
    482. Hassan Afrouzi & Joel P. Flynn & Choongryul Yang, 2024. "What Can Measured Beliefs Tell Us About Monetary Non-Neutrality?," Finance and Economics Discussion Series 2024-053, Board of Governors of the Federal Reserve System (U.S.).
    483. Aurelijus Dabušinskas & Dmitry Kulikov, 2007. "New Keynesian Phillips curve for Estonia, Latvia and Lithuania," Bank of Estonia Working Papers 2007-07, Bank of Estonia, revised 26 Aug 2007.
    484. Lawrence J. Christiano, 2015. "Comment on "Networks and the Macroeconomy: An Empirical Exploration"," NBER Chapters, in: NBER Macroeconomics Annual 2015, Volume 30, pages 346-373, National Bureau of Economic Research, Inc.
    485. Patrick Lünnemann & Thomas Y. Mathä, 2010. "Consumer price behaviour: evidence from Luxembourg micro data," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 31(2-3), pages 177-192.
    486. Cheng CHEN & Tatsuro SENGA & Chang SUN & Hongyong ZHANG, 2020. "Information Acquisition and Price Setting under Uncertainty: New Survey Evidence," Discussion papers 20078, Research Institute of Economy, Trade and Industry (RIETI).
    487. Rene Garcia & Carlos Carvalho & Marco Bonomo, 2013. "Time- and State-Dependent Pricing: A Unified Framework," 2013 Meeting Papers 759, Society for Economic Dynamics.
    488. Petrella, Ivan & Santoro, Emiliano & Winkelmann, Yannik, 2025. "Inflation and price flexibility," European Economic Review, Elsevier, vol. 178(C).
      • Petrella Ivan & Santoro Emiliano & Winkelmann Yannik, 2025. "Inflation and Price Flexibility," Working papers 099, Department of Economics, Social Studies, Applied Mathematics and Statistics (Dipartimento di Scienze Economico-Sociali e Matematico-Statistiche), University of Torino.
    489. Aruoba, S. Borağan & Drechsel, Thomas, 2024. "The long and variable lags of monetary policy: Evidence from disaggregated price indices," Journal of Monetary Economics, Elsevier, vol. 148(S).
    490. Joris Tielens & Luca Gagliardone & Mark Gertler & Simone Lenzu, 2024. "Anatomy of the Phillips Curve: micro evidence and macro implications," Working Paper Research 453, National Bank of Belgium.
    491. Paciello, Luigi, 2009. "Monetary Policy Activism and Price Responsiveness to Aggregate Shocks under Rational Inattention," MPRA Paper 16407, University Library of Munich, Germany.
    492. Hanno Lustig, 2005. "The Returns on Human Capital: Good News on Wall Street is Bad News on Main Street (joint with Stijn Van Nieuwerburgh)," UCLA Economics Online Papers 352, UCLA Department of Economics.
    493. Damjanovic, Vladislav & Nolan, Charles, 2012. "S,s pricing in a dynamic equilibrium model with heterogeneous sectors," Journal of Economic Dynamics and Control, Elsevier, vol. 36(4), pages 550-567.
    494. L’Huillier, Jean-Paul & Zame, William R., 2022. "Optimally sticky prices: Foundations," Journal of Economic Dynamics and Control, Elsevier, vol. 141(C).
    495. Nickel, Christiane & Kilponen, Juha & Moral-Benito, Enrique & Koester, Gerrit & Ciccarelli, Matteo & Enders, Almira & Holton, Sarah & Landau, Bettina & Venditti, Fabrizio & Bobeica, Elena & Brand, Cla, 2025. "A strategic view on the economic and inflation environment in the euro area," Occasional Paper Series 371, European Central Bank.
    496. Kim, Seongeun, 2019. "Quality, price stickiness, and monetary policy," Journal of Macroeconomics, Elsevier, vol. 61(C), pages 1-1.
    497. Hassan Afrouzi & Saroj Bhattarai, 2023. "Inflation and GDP Dynamics in Production Networks: A Sufficient Statistics Approach," CESifo Working Paper Series 10416, CESifo.
    498. Christian Jensen, 2017. "Aggregate Evidence on Price Rigidities and the Inflation-Output Trade-Off: A Factor Analysis of Factor Shares," Annals of Economics and Finance, Society for AEF, vol. 18(2), pages 227-252, November.
    499. Yu, Xiaohua, 2014. "Monetary easing policy and long-run food prices: Evidence from China," Economic Modelling, Elsevier, vol. 40(C), pages 175-183.
    500. Guimaraes, Bernardo & Feltrin Jr, Celio, 2016. "Time-Dependent or State-Dependent Pricing? Evidence From a Large Devaluation," Brazilian Review of Econometrics, Sociedade Brasileira de Econometria - SBE, vol. 36(2), November.
    501. Engin Kara, 2025. "The Natural Rate of Inflation," CESifo Working Paper Series 12306, CESifo.
    502. Stephen Williamson, 2019. "Low real interest rates and the zero lower bound," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 31, pages 36-62, January.
    503. Cologni, Alessandro & Manera, Matteo, 2014. "On the economic determinants of oil production," Energy Economics, Elsevier, vol. 44(C), pages 68-79.
    504. Péter Gábriel & Ádám Reiff, 2010. "Price setting in Hungary-a store-level analysis," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 31(2-3), pages 161-176.
    505. Emi Nakamura & Jon Steinsson, 2005. "Price Setting in a Forward-Looking Customer Market," Macroeconomics 0509010, University Library of Munich, Germany.
    506. Sheedy, Kevin D., 2010. "Intrinsic inflation persistence," Journal of Monetary Economics, Elsevier, vol. 57(8), pages 1049-1061, November.
    507. Váry, Miklós, 2021. "The long-run real effects of monetary shocks: Lessons from a hybrid post-Keynesian-DSGE-agent-based menu cost model," Economic Modelling, Elsevier, vol. 105(C).

  42. V. V. Chari & Mikhail Golosov & Aleh Tsyvinski, 2003. "Business Start-ups, the Lock-in Effect, and Capital Gains Taxation," Levine's Working Paper Archive 506439000000000222, David K. Levine.

    Cited by:

    1. Cho, Myeonghwan, 2014. "The effect of capital gains taxation on small business transfers and start-ups," Economic Modelling, Elsevier, vol. 36(C), pages 447-454.
    2. Galina Vereshchagina, 2014. "Serial Entrepreneurship and the Impact of Credit Constraints of Economic Development," 2014 Meeting Papers 1173, Society for Economic Dynamics.
    3. Ariel Burstein & Alexander Monge-Naranjo, 2007. "Foreign Know-How, Firm Control, and the Income of Developing Countries," NBER Working Papers 13073, National Bureau of Economic Research, Inc.
    4. Fatih Guvenen, 2005. "Do Stockholders Share Risk More Effectively Than Non- stockholders?," Macroeconomics 0508006, University Library of Munich, Germany.
    5. Alberto Galasso & Mark Schankerman & Carlos J. Serrano, 2011. "Trading and Enforcing Patent Rights," CEP Discussion Papers dp1072, Centre for Economic Performance, LSE.
    6. M. Fatih Guvenen, 2002. "Does Stockholding Provide Perfect Risk Sharing?," RCER Working Papers 490, University of Rochester - Center for Economic Research (RCER), revised Mar 2003.
    7. Lora Dimitrova & Sapnoti K Eswar, 2023. "Capital Gains Tax, Venture Capital, and Innovation in Start-Ups," Review of Finance, European Finance Association, vol. 27(4), pages 1471-1519.
    8. Loren Brandt & Ruochen Dai & Gueorgui Kambourov & Kjetil Storesletten & Xiaobo Zhang, 2022. "Serial Entrepreneurship in China," Working Papers tecipa-721, University of Toronto, Department of Economics.
    9. Gokmen, Gunes & Morin, Annaig, 2021. "Investment shocks and inequality dynamics," Economic Modelling, Elsevier, vol. 94(C), pages 570-579.

  43. Mikhail Golosov & Aleh Tsyvinski, 2003. "Designing Optimal Disability Insurance," Levine's Working Paper Archive 506439000000000217, David K. Levine.

    Cited by:

    1. Mikhail Golosov & Aleh Tsyvinski, 2005. "Optimal Taxation with Endogenous Insurance Markets," NBER Working Papers 11185, National Bureau of Economic Research, Inc.
    2. Lindbeck, Assar & Persson, Mats, 2008. "A Continuous Model of Income Insurance," Seminar Papers 756, Stockholm University, Institute for International Economic Studies.
    3. Narayana R Kocherlakota, 2005. "Advances in Dynamic Optimal Taxation," Levine's Bibliography 784828000000000518, UCLA Department of Economics.
    4. Bisin, Alberto & Rampini, Adriano A., 2006. "Markets as beneficial constraints on the government," Journal of Public Economics, Elsevier, vol. 90(4-5), pages 601-629, May.
    5. Marco Battaglini & Stephen Coate, 2003. "Pareto Efficient Income Taxation with Stochastic Abilities," NBER Working Papers 10119, National Bureau of Economic Research, Inc.
    6. Yuzhe Zhang, 2005. "Dynamic contracting, persistent shocks and optimal taxation," Working Papers 640, Federal Reserve Bank of Minneapolis.
    7. Peter A. Diamond, 2009. "Taxes and Pensions," CESifo Working Paper Series 2636, CESifo.
    8. Salvador Balle & Amedeo Spadaro, 2006. "Optimal Nonlinear Labor Income Taxation in Dynamic Economies," Working Papers 19, ECINEQ, Society for the Study of Economic Inequality.
    9. Sleet, Christopher & Albanesi, Stefania, 2003. "Dynamic Optimal Taxation with Private Information," CEPR Discussion Papers 4006, C.E.P.R. Discussion Papers.
    10. Narayana R. Kocherlakota, 2003. "Zero Expected Wealth Taxes: A Mirrlees Approach to Dynamic Optimal Taxation," Levine's Bibliography 666156000000000426, UCLA Department of Economics.
    11. Narayana R. Kocherlakota, 2004. "Wedges and Taxes," American Economic Review, American Economic Association, vol. 94(2), pages 109-113, May.
    12. Nicola Pavoni & Giovanni L. Violante, 2005. "Optimal welfare-to-work programs," Discussion Paper / Institute for Empirical Macroeconomics 143, Federal Reserve Bank of Minneapolis.
    13. Costa, Carlos Eugênio da & Maestri, Lucas Jóver, 2004. "The risk-properties of human capital and the design of government policies," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 554, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    14. Mikhail Golosov & Aleh Tsyvinski, 2004. "Designing Optimal Disability Insurance: A Case for Asset Testing," NBER Working Papers 10792, National Bureau of Economic Research, Inc.
    15. Jean-Marie Lozachmeur, 2006. "Disability insurance and optimal income taxation," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 13(6), pages 717-732, November.
    16. Kartik B. Athreya & Nicole B. Simpson, 2004. "Unsecured debt with public insurance : from bad to worse," Working Paper 03-14, Federal Reserve Bank of Richmond.

  44. Mr. Mikhail Golosov & Mr. John R King, 2002. "Tax Revenue Forecasts in IMF-Supported Programs," IMF Working Papers 2002/236, International Monetary Fund.

    Cited by:

    1. Leal, Teresa & Pérez, Javier J. & Tujula, Mika & Vidal, Jean-Pierre, 2007. "Fiscal forecasting: lessons from the literature and challenges," Working Paper Series 843, European Central Bank.
    2. Ms. Annette J Kyobe & Mr. Stephan Danninger, 2005. "Revenue Forecasting—How is it done? Results from a Survey of Low-Income Countries," IMF Working Papers 2005/024, International Monetary Fund.
    3. Stanislav Klazar, 2006. "Tax Revenue Prediction under Condition of Imperfect Control over Tax-Collecting Authority [Predikce daňových příjmů v podmínkách nedokonalé kontroly daňových úřadů]," Acta Oeconomica Pragensia, Prague University of Economics and Business, vol. 2006(3), pages 48-62.
    4. António Afonso & Rui Carvalho, 2014. "Revenue Forecast Errors in the European Union," Working Papers Department of Economics 2014/02, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa.
    5. Hayley Pallan, 2022. "Sovereign Spreads and Corporate Taxation," IHEID Working Papers 15-2022, Economics Section, The Graduate Institute of International Studies.
    6. Eicher, Theo S. & Kuenzel, David J. & Papageorgiou, Chris & Christofides, Charis, 2019. "Forecasts in times of crises," International Journal of Forecasting, Elsevier, vol. 35(3), pages 1143-1159.
    7. Saeed Ahmed, 2006. "Corporate Tax Models: A Review," SBP Working Paper Series 13, State Bank of Pakistan, Research Department.
    8. Nada Azmy ElBerry & Stijn Goeminne, 2021. "Fiscal transparency, fiscal forecasting and budget credibility in developing countries," Journal of Forecasting, John Wiley & Sons, Ltd., vol. 40(1), pages 144-161, January.

  45. Mikhail Golosov & Narayana Kocherlakota & Aleh Tsyvinski, 2002. "Optimal Indirect and Capital Taxation," Levine's Working Paper Archive 391749000000000449, David K. Levine.

    Cited by:

    1. Benjamin Lockwood, 2010. "How should Financial Intermediation Services be Taxed?," CESifo Working Paper Series 3226, CESifo.
    2. Peter Birch Sørensen, 2006. "Can Capital Income Taxes Survive? And Should They?," EPRU Working Paper Series 06-06, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics.
    3. Borys Grochulski & Narayana Kocherlakota, 2007. "Nonseparable Preferences and Optimal Social Security Systems," NBER Working Papers 13362, National Bureau of Economic Research, Inc.
    4. Pawel Doligalski & Piotr Dworczak & Joanna Krysta, 2023. "Incentive separability," Bristol Economics Discussion Papers 23/777, School of Economics, University of Bristol, UK.
    5. Sebastian Dyrda & Marcelo Pedroni, 2015. "Optimal Fiscal Policy in a Model with Uninsurable Idiosyncratic Shocks," Working Papers tecipa-550, University of Toronto, Department of Economics.
    6. Koehne, Sebastian & Kuhn, Moritz, 2015. "Optimal taxation in a habit formation economy," Journal of Public Economics, Elsevier, vol. 122(C), pages 31-39.
    7. Grochulski, Borys & Zhang, Yuzhe, 2011. "Optimal risk sharing and borrowing constraints in a continuous-time model with limited commitment," Journal of Economic Theory, Elsevier, vol. 146(6), pages 2356-2388.
    8. Mikhail Golosov & Aleh Tsyvinski, 2005. "Optimal Taxation with Endogenous Insurance Markets," NBER Working Papers 11185, National Bureau of Economic Research, Inc.
    9. Roozbeh Hosseini & Larry E. Jones & Ali Shourideh, 2009. "Risk Sharing, Inequality and Fertility," NBER Working Papers 15111, National Bureau of Economic Research, Inc.
    10. Pierpaolo Giannoccolo & Silvia Platoni, 2023. "Temporary versus permanent disability: A dynamic incentives model," Metroeconomica, Wiley Blackwell, vol. 74(4), pages 698-721, November.
    11. Findeisen, Sebastian & Sachs, Dominik, 2014. "Efficient Labor and Capital Income Taxation over the Life Cycle," Working Papers 14-17, University of Mannheim, Department of Economics.
    12. Aspen Gorry & Ezra Oberfield, 2012. "Optimal Taxation Over the Life Cycle," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 15(4), pages 551-572, October.
    13. Stefania Albanesi & Roc Armenter, 2007. "Intertemporal Distortions in the Second best," NBER Working Papers 13629, National Bureau of Economic Research, Inc.
    14. Acemoglu, Daron & Golosov, Mikhail & Tsyvinski, Aleh, 2008. "Markets versus governments," Journal of Monetary Economics, Elsevier, vol. 55(1), pages 159-189, January.
    15. Long, Ngo Van, 2019. "Financing higher education in an imperfect world," Economics of Education Review, Elsevier, vol. 71(C), pages 23-31.
    16. Hao Li & Gaowang Wang & Jun Yu, 2025. "Revisiting Optimal Capital Taxation with the Spirit of Capitalism," Annals of Economics and Finance, Society for AEF, vol. 26(2), pages 501-524, November.
    17. Findeisen, Sebastian & Sachs, Dominik, 2015. "Redistribution and Insurance with Simple Tax Instruments," CEPR Discussion Papers 10668, C.E.P.R. Discussion Papers.
    18. Bhandari, Anmol & Evans, David & Golosov, Mikhail & Sargent, Thomas J., 2017. "Public debt in economies with heterogeneous agents," Journal of Monetary Economics, Elsevier, vol. 91(C), pages 39-51.
    19. Panousi, Vasia, 2009. "Capital Taxation with Entrepreneurial Risk," MPRA Paper 24237, University Library of Munich, Germany.
    20. Oliver Denk & Jean-Baptiste Michau, 2013. "Optimal Social Security with Imperfect Tagging," Working Papers hal-00796521, HAL.
    21. Laurence Ales & Pricila Maziero, 2008. "Accounting for private information," Working Papers 663, Federal Reserve Bank of Minneapolis.
    22. Valeria Bonis & Luca Spataro, 2018. "Optimal income taxation and migration," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 25(4), pages 867-882, August.
    23. Mikhail Golosov & Maxim Troshkin & Aleh Tsyvinski, 2011. "Optimal Taxation: Merging Micro and Macro Approaches," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 43(s1), pages 147-174, August.
    24. Marek Kapicka, 2006. "Optimal Income Taxation with Human Capital Accumulation and Limited Record Keeping," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 9(4), pages 612-639, October.
    25. Florian Scheuer, 2013. "Optimal Asset Taxes in Financial Markets with Aggregate Uncertainty," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 16(3), pages 405-420, July.
    26. Decerf,Benoit Marie A & Maniquet,François, 2021. "Fair Inheritance Taxation," Policy Research Working Paper Series 9804, The World Bank.
    27. Abraham, Arpad; Koehne, Sebastian; Pavoni, Nicola, 2014. "Optimal Income Taxation with Asset Accumulation," Economics Working Papers ECO2014/14, European University Institute.
    28. Pricila Maziero, 2009. "Non-Exclusive Dynamic Contracts, Competition, and the Limits of Insurance," 2009 Meeting Papers 509, Society for Economic Dynamics.
    29. Matthew Greenblatt, 2020. "In-kind transfers and home production," Review of Economics of the Household, Springer, vol. 18(4), pages 1189-1211, December.
    30. Vitor F. Luz & Carlos E. da Costa, 2011. "Separability and Memory: Micro Causes, Macro Consequences," 2011 Meeting Papers 916, Society for Economic Dynamics.
    31. Jean‐Baptiste Michau, 2021. "On the Provision of Insurance against Search‐Induced Wage Fluctuations," Scandinavian Journal of Economics, Wiley Blackwell, vol. 123(1), pages 382-414, January.
    32. Mikhail Golosov & Maxim Troshkin & Aleh Tsyvinski & Matthew Weinzierl, 2010. "Preference Heterogeneity and Optimal Capital Income Taxation," NBER Working Papers 16619, National Bureau of Economic Research, Inc.
    33. Narayana R Kocherlakota, 2005. "Advances in Dynamic Optimal Taxation," Levine's Bibliography 784828000000000518, UCLA Department of Economics.
    34. Auerbach, Alan J., 2006. "Tax Reform in the 21st Century," Berkeley Olin Program in Law & Economics, Working Paper Series qt444479wh, Berkeley Olin Program in Law & Economics.
    35. Nakabayashi, Masanari, 2010. "Optimal tax rules and public sector efficiency with an externality in an overlapping generations model," Journal of Public Economics, Elsevier, vol. 94(11-12), pages 1028-1040, December.
    36. William Peterman, 2016. "The effect of endogenous human capital accumulation on optimal taxation," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 21, pages 46-71, July.
    37. Bonnet, Odran & Chapelle, Guillaume & Trannoy, Alain & Wasmer, Etienne, 2021. "Land is back, it should be taxed, it can be taxed," European Economic Review, Elsevier, vol. 134(C).
    38. Odran Bonnet & Guillaume Flamerie de La Chapelle & Alain Trannoy & Etienne Wasmer, 2019. "Secular Trends in Wealth and Heterogeneous Capital: Land is Back... and Should Be Taxed," Sciences Po Economics Publications (main) hal-03570837, HAL.
    39. Steven P. Cassou & Arantza Gorostiaga, 2009. "Optimal Fiscal Policy in a Multisector Model: The Price Consequences of Government Spending," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 11(2), pages 177-201, April.
    40. Golosov, Mikhail & Weinzierl, Matthew & Tsyvinsky, Aleh, 2010. "Preference heterogeneity and optimal capital taxation," LSE Research Online Documents on Economics 58180, London School of Economics and Political Science, LSE Library.
    41. Bisin, Alberto & Rampini, Adriano A., 2006. "Markets as beneficial constraints on the government," Journal of Public Economics, Elsevier, vol. 90(4-5), pages 601-629, May.
    42. Findeisen, Sebastian & Sachs, Dominik, 2015. "Education and Optimal Dynamic Taxation: The Role of Income-Contingent Student Loans," CEPR Discussion Papers 10622, C.E.P.R. Discussion Papers.
    43. Gross, Till & Klein, Paul & Makris, Miltiadis, 2020. "Residence- and source-based capital taxation in open economies with infinitely-lived consumers," Journal of International Economics, Elsevier, vol. 127(C).
    44. Michael Ben-Gad, 2017. "The Optimal Taxation Of Asset Income When Government Consumption Is Endogenous: Theory, Estimation And Welfare," Economic Inquiry, Western Economic Association International, vol. 55(4), pages 1689-1711, October.
    45. Guerreiro, Joao & Rebelo, Sergio & Teles, Pedro, 2020. "What is the optimal immigration policy? Migration, jobs, and welfare," Journal of Monetary Economics, Elsevier, vol. 113(C), pages 61-87.
    46. Boháček, Radim & Kejak, Michal, 2018. "Optimal government policies in models with heterogeneous agents," Journal of Economic Theory, Elsevier, vol. 176(C), pages 834-858.
    47. Blandin, Adam & Peterman, William B., 2019. "Taxing capital? The importance of how human capital is accumulated," European Economic Review, Elsevier, vol. 119(C), pages 482-508.
    48. Acemoglu, Daron & Golosov, Mikhail & Tsyvinski, Aleh, 2011. "Political economy of Ramsey taxation," Journal of Public Economics, Elsevier, vol. 95(7), pages 467-475.
    49. Acemoglu, Daron & ÅžimÅŸek, Alp, 2010. "Moral Hazard and Efficiency in General Equilibrium with Anonymous Trading," CEPR Discussion Papers 7821, C.E.P.R. Discussion Papers.
    50. Angyridis, Constantine, 2007. "Optimal capital income taxation in a small open economy," Economics Letters, Elsevier, vol. 95(1), pages 73-79, April.
    51. Juan Carlos Conesa & Sagiri Kitao & Dirk Krueger, 2007. "Taxing Capital? Not a Bad Idea After All!," NBER Working Papers 12880, National Bureau of Economic Research, Inc.
    52. Robert Shimer & Ivan Werning, 2005. "Liquidity and insurance for the unemployed," Staff Report 366, Federal Reserve Bank of Minneapolis.
    53. Chunyang Fu & Wenjian Li & Xi Weng & Jan Eeckhout, 2021. "Optimal Taxation and Market Power," Working Papers 1250, Barcelona School of Economics.
    54. Stephan Zheng & Alexander Trott & Sunil Srinivasa & Nikhil Naik & Melvin Gruesbeck & David C. Parkes & Richard Socher, 2020. "The AI Economist: Improving Equality and Productivity with AI-Driven Tax Policies," Papers 2004.13332, arXiv.org.
    55. Farhi, Emmanuel & Werning, Iván, 2008. "Optimal savings distortions with recursive preferences," Journal of Monetary Economics, Elsevier, vol. 55(1), pages 21-42, January.
    56. Juan C. Conesa & Carlos Garriga, 2008. "Optimal Fiscal Policy In The Design Of Social Security Reforms," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 49(1), pages 291-318, February.
    57. Mankiw, N. Gregory & Weinzierl, Matthew Charles & Yagan, Danny Ferris, 2009. "Optimal Taxation in Theory and Practice," Scholarly Articles 4263739, Harvard University Department of Economics.
    58. Krueger, Dirk & Ludwig, Alexander & Villalvazo, Sergio, 2021. "Optimal taxes on capital in the OLG model with uninsurable idiosyncratic income risk," ICIR Working Paper Series 38/21, Goethe University Frankfurt, International Center for Insurance Regulation (ICIR).
    59. Narayana Kocherlakota, 2003. "EconomicDynamics Interviews Narayana Kocherlakota," EconomicDynamics Newsletter, Review of Economic Dynamics, vol. 4(2), April.
    60. Marco Battaglini & Stephen Coate, 2003. "Pareto Efficient Income Taxation with Stochastic Abilities," NBER Working Papers 10119, National Bureau of Economic Research, Inc.
    61. Orhan Erem Atesagaoglu & Hakki Yazici, 2021. "Optimal Taxation of Capital in the Presence of Declining Labor Share," CESifo Working Paper Series 9101, CESifo.
    62. Francesca Parodi, 2020. "Taxation of Consumption and Labor Income: a Quantitative Approach," Carlo Alberto Notebooks 609, Collegio Carlo Alberto.
    63. Zaki Wahhaj, 2008. "Social Norms and Individual Savings in the Context of Informal Insurance," CEDI Discussion Paper Series 08-20, Centre for Economic Development and Institutions(CEDI), Brunel University.
    64. Saez, Emmanuel & Stantcheva, Stefanie, 2018. "A simpler theory of optimal capital taxation," Journal of Public Economics, Elsevier, vol. 162(C), pages 120-142.
    65. Bierbrauer Felix J., 2016. "Effizienz oder Gerechtigkeit?: Ungleiche Einkommen, ungleiche Vermögen und Optimale Steuern," Perspektiven der Wirtschaftspolitik, De Gruyter, vol. 17(1), pages 2-24, April.
    66. Narayana R. Kocherlakota & Luigi Pistaferri, 2007. "Asset Pricing Implications of Pareto Optimality with Private Information," Levine's Bibliography 321307000000000701, UCLA Department of Economics.
    67. Yuzhe Zhang, 2005. "Dynamic contracting, persistent shocks and optimal taxation," Working Papers 640, Federal Reserve Bank of Minneapolis.
    68. Albanesi, Stefania, 2006. "Optimal Taxation of Entrepreneurial Capital with Private Information," CEPR Discussion Papers 5647, C.E.P.R. Discussion Papers.
    69. Xiaojun Zhao, 2015. "Optimal Income Taxations with Information Asymmetry: The Lagrange Multiplier Approach," Annals of Economics and Finance, Society for AEF, vol. 16(1), pages 199-229, May.
    70. Felix Bierbrauer, 2010. "On the Optimality of Optimal Income Taxation," CESifo Working Paper Series 3163, CESifo.
    71. Charles Brendon, 2011. "Applying perturbation analysis to dynamic optimal tax problems," Economics Series Working Papers 581, University of Oxford, Department of Economics.
    72. Tom Krebs & Martin Scheffel, 2019. "Optimal Social Insurance and Rising Labor Market Risk," Opportunity and Inclusive Growth Institute Working Papers 18, Federal Reserve Bank of Minneapolis.
    73. Felix Bierbrauer, 2016. "Effizienz oder Gerechtigkeit? Ungleiche Einkommen, ungleiche Vermögen und die Theorie der optimalen Besteuerung," Discussion Paper Series of the Max Planck Institute for Behavioral Economics 2016_03, Max Planck Institute for Behavioral Economics.
    74. Grochulski, Borys & Piskorski, Tomasz, 2010. "Risky human capital and deferred capital income taxation," Journal of Economic Theory, Elsevier, vol. 145(3), pages 908-943, May.
    75. da Costa, Carlos E. & Maestri, Lucas J., 2007. "The risk properties of human capital and the design of government policies," European Economic Review, Elsevier, vol. 51(3), pages 695-713, April.
    76. Ozan Bakis & Baris Kaymak & Markus Poschke, 2015. "Transitional Dynamics and the Optimal Progressivity of Income Redistribution," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 18(3), pages 679-693, July.
    77. Mathias Trabandt, 2007. "Optimal Pre-Announced Tax Reform Revisited," Economics Working Papers ECO2007/52, European University Institute.
    78. Peter A. Diamond, 2009. "Taxes and Pensions," CESifo Working Paper Series 2636, CESifo.
    79. Wojciech Kopczuk, 2012. "Taxation of Intergenerational Transfers and Wealth," NBER Working Papers 18584, National Bureau of Economic Research, Inc.
    80. Cui, Xiaoyong & Gong, Liutang & Li, Wenjian, 2021. "Supply-side optimal capital taxation with endogenous wage inequality," Journal of Public Economics, Elsevier, vol. 198(C).
    81. Felix J., Bierbrauer, 2011. "On the optimality of optimal income taxation," Journal of Economic Theory, Elsevier, vol. 146(5), pages 2105-2116, September.
    82. Conesa, Juan Carlos & Krueger, Dirk, 2006. "On the optimal progressivity of the income tax code," Journal of Monetary Economics, Elsevier, vol. 53(7), pages 1425-1450, October.
    83. Sebastian Koehne & Dominik Sachs, 2016. "Pareto-Efficient Tax Breaks," CESifo Working Paper Series 6147, CESifo.
    84. Hopenhayn, Hugo & Jarque, Arantxa, 2009. "Unobservable Persistant Productivity and Long Term Contracts," UC3M Working papers. Economics we092717, Universidad Carlos III de Madrid. Departamento de Economía.
    85. Carlos da Costa & Vitor Farinha Luz, 2018. "The Private Memory of Aggregate Uncertainty," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 27, pages 169-183, January.
    86. Johann K. Brunner, 2010. "Die Erbschaftssteuer im Modell der optimalen Besteuerung," NRN working papers 2010-18, The Austrian Center for Labor Economics and the Analysis of the Welfare State, Johannes Kepler University Linz, Austria.
    87. Cassou, Steven P. & Gorostiaga Alonso, Miren Arantzazu, 2007. "Optimal fiscal policy in a multisector model with minimum expenditure requirements," DFAEII Working Papers 1988-088X, University of the Basque Country - Department of Foundations of Economic Analysis II.
    88. Zhang, Yuzhe, 2009. "Dynamic contracting with persistent shocks," Journal of Economic Theory, Elsevier, vol. 144(2), pages 635-675, March.
    89. Arantza Gorostiaga & Juan F. Rubio-Ramirez, 2004. "Optimal minimum wage in a competitive economy," FRB Atlanta Working Paper 2004-30, Federal Reserve Bank of Atlanta.
    90. da Costa, Carlos E. & Pereira, Thiago, 2014. "On the efficiency of equal sacrifice income tax schedules," European Economic Review, Elsevier, vol. 70(C), pages 399-418.
    91. Findeisen, Sebastian & Sachs, Dominik, 2011. "Education and Optimal Dynamic Taxation," IZA Discussion Papers 6056, IZA Network @ LISER.
    92. Geir Haakon Bjertnæs, 2006. "Income Taxation, Tuition Subsidies, and Choice of Occupation," Discussion Papers 459, Statistics Norway, Research Department.
    93. Dan Cao & Roger Lagunoff, 2016. "The Design of Optimal Collateralized Contracts," Working Papers gueconwpa~16-16-01, Georgetown University, Department of Economics, revised 01 Jun 2017.
    94. Tom Krebs & Martin Scheffel, 2024. "Optimal allocations in growth models with private information," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 78(1), pages 125-154, August.
    95. Césaire Meh & Yaz Terajima, 2009. "Uninsurable Investment Risks and Capital Income Taxation," Staff Working Papers 09-3, Bank of Canada.
    96. Li, Zhimin & Ligon, Ethan, 2020. "Inferring informal risk-sharing regimes: Evidence from rural Tanzania," Journal of Economic Behavior & Organization, Elsevier, vol. 177(C), pages 941-955.
    97. Xianhua Dai, 2011. "Optimal Taxation under Income Uncertainty," Annals of Economics and Finance, Society for AEF, vol. 12(1), pages 121-138, May.
    98. Orazio P. Attanasio & Guglielmo Weber, 2010. "Consumption and Saving: Models of Intertemporal Allocation and Their Implications for Public Policy," Journal of Economic Literature, American Economic Association, vol. 48(3), pages 693-751, September.
    99. Bartak, Jakub & Jabłoński, Łukasz & Tomkiewicz, Jacek, 2022. "Does income inequality explain public debt change in OECD countries?," International Review of Economics & Finance, Elsevier, vol. 80(C), pages 211-224.
    100. Christopher J. Waller, 2009. "Dynamic taxation, private information and money," Working Papers 2009-035, Federal Reserve Bank of St. Louis.
    101. Joydeep Bhattacharya & Joseph H. Haslag & Antoine Martin, 2007. "Why does overnight liquidity cost more than intraday liquidity?," Staff Reports 281, Federal Reserve Bank of New York.
    102. Noah Williams, 2008. "Persistent Private Information," 2008 Meeting Papers 360, Society for Economic Dynamics.
    103. Lim, Sokchea & Mahbub Morshed, A.K.M., 2017. "Fiscal policy in a small open economy with cross-border labor mobility," Journal of Macroeconomics, Elsevier, vol. 52(C), pages 147-174.
    104. Thomas Mertens & Roc Armenter, 2009. "State Verification and the Incentives to Save," 2009 Meeting Papers 289, Society for Economic Dynamics.
    105. Bethencourt, Carlos & Kunze, Lars, 2016. "Temptation and the efficient taxation of education and labor," MPRA Paper 75141, University Library of Munich, Germany.
    106. Emmanuel Farhi & Ivan Werning, 2005. "Inequality, Social Discounting and Estate Taxation," NBER Working Papers 11408, National Bureau of Economic Research, Inc.
    107. Felix Bierbrauer & Marco Sahm, 2008. "Optimal Democratic Mechanisms for Taxation and Public Good Provision," Discussion Paper Series of the Max Planck Institute for Behavioral Economics 2008_09, Max Planck Institute for Behavioral Economics.
    108. Svetlana Pashchenko & Ponpoje Porapakkarm, 2016. "Work Incentives of Medicaid Beneficiaries and the Role of Asset Testing," Working Papers 2016-016, Human Capital and Economic Opportunity Working Group.
    109. Marco Cozzi, 2018. "Optimal Capital Taxation with Incomplete Markets and Schumpeterian Growth," Department Discussion Papers 1803, Department of Economics, University of Victoria.
    110. Narayana R. Kocherlakota & Luigi Pistaferri, 2006. "Household Heterogeneity and Real Exchange Rates," Levine's Bibliography 122247000000001275, UCLA Department of Economics.
    111. Yukihiro Nishimura, 2025. "Linear Commodity Tax Reform and Optimal Commodity Taxes under Partial Separability," Discussion Papers in Economics and Business 25-09-Rev2., Osaka University, Graduate School of Economics, revised Jan 2026.
    112. Cerda, Rodrigo A. & Saravia, Diego, 2013. "Optimal taxation with heterogeneous firms and informal sector," Journal of Macroeconomics, Elsevier, vol. 35(C), pages 39-61.
    113. Gabaix, Xavier & Sannikov, Yuliy & Edmans, Alex & Sadzik, Tomasz, 2009. "Dynamic Incentive Accounts," CEPR Discussion Papers 7497, C.E.P.R. Discussion Papers.
    114. Mikhail Golosov & Aleh Tsyvinski, 2003. "Designing Optimal Disability Insurance," Levine's Working Paper Archive 506439000000000217, David K. Levine.
    115. Mark Huggett (Georgetown University) and Juan Carlos Parra (Georgetown University), 2005. "Quantifying the Inefficiency of the US Social Insurance System," Working Papers gueconwpa~05-05-16, Georgetown University, Department of Economics.
    116. Ananda Jayawickrama & Tilak Abeysinghe, 2013. "The experience of some OECD economies on tax smoothing," Applied Economics, Taylor & Francis Journals, vol. 45(16), pages 2305-2313, June.
    117. Kindermann, Fabian & Mayr, Lukas & Sachs, Dominik, 2020. "Inheritance taxation and wealth effects on the labor supply of heirs," Journal of Public Economics, Elsevier, vol. 191(C).
    118. Junsang Lee & Yili Chien, 2008. "Why Tax Capital?," ANU Working Papers in Economics and Econometrics 2008-497, Australian National University, College of Business and Economics, School of Economics.
    119. Ábrahám, Árpád & Koehne, Sebastian & Pavoni, Nicola, 2016. "Optimal income taxation when asset taxation is limited," Journal of Public Economics, Elsevier, vol. 136(C), pages 14-29.
    120. Peter Birch Sørensen, 2006. "Can Capital Income Taxes Survive? And Should They?," CESifo Working Paper Series 1793, CESifo.
    121. Furukawa, Yosuke, 2017. "Who should pay an insurance premium for equality of the newborn’s opportunity?," Economic Analysis and Policy, Elsevier, vol. 54(C), pages 1-14.
    122. Borys Grochulski, 2011. "On the optimality of Ramsey taxes in Mirrlees economies," 2011 Meeting Papers 883, Society for Economic Dynamics.
    123. Daniel R. Carroll & Jim Dolmas & Eric Young, 2015. "Majority Voting: A Quantitative Investigation," Working Papers (Old Series) 1442, Federal Reserve Bank of Cleveland.
    124. Gerard Padró i Miquel & Pierre Yared, 2010. "The Political Economy of Indirect Control," NBER Working Papers 15748, National Bureau of Economic Research, Inc.
    125. Shu, Pian, 2015. "Asset accumulation and labor force participation of disability insurance applicants," Journal of Public Economics, Elsevier, vol. 129(C), pages 26-40.
    126. Sachs, Dominik & Findeisen, Sebastian, 2014. "Designing Efficient Education and Tax Policies," VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy 100504, Verein für Socialpolitik / German Economic Association.
    127. Erlend E. Bø & Elin Halvorsen & Thor O. Thoresen, 2016. "Heterogeneity of the Carnegie Effect," Discussion Papers 853, Statistics Norway, Research Department.
    128. Thomas Phelan, 2019. "Efficient wealth inequality and differential asset taxation with dynamic agency," 2019 Meeting Papers 1350, Society for Economic Dynamics.
    129. Borys Grochulski & Tomasz Piskorski, 2005. "Optimal wealth taxes with risky human capital," Working Paper 05-13, Federal Reserve Bank of Richmond.
    130. Iswahyudi, Heru, 2020. "The problem of gross receipts taxes in Indonesia: Economic distortions and policy options," MPRA Paper 100617, University Library of Munich, Germany.
    131. Bohacek, Radim & Kapicka, Marek, 2008. "Optimal human capital policies," Journal of Monetary Economics, Elsevier, vol. 55(1), pages 1-16, January.
    132. Bas Jacobs & Dirk Schindler & Hongyan Yang, 2012. "Optimal Taxation of Risky Human Capital," Scandinavian Journal of Economics, Wiley Blackwell, vol. 114(3), pages 908-931, September.
    133. Hosseini, Roozbeh & Shourideh, Ali, 2016. "Retirement Financing: An Optimal Reform Approach," MPRA Paper 71613, University Library of Munich, Germany, revised 19 Jan 2016.
    134. Eric Mengus, 2012. "Foreign Debt and the Ricardian Equivalence," 2012 Meeting Papers 412, Society for Economic Dynamics.
    135. Hengjie Ai & Rui Li, 2012. "Moral hazard, investment, and firm dynamics," FRB Atlanta CQER Working Paper 2012-01, Federal Reserve Bank of Atlanta.
    136. Joseph H. Haslag & Joydeep Bhattacharya & Antoine Martin, 2007. "Money, output and the payment system: Optimal monetary policy in a model with hidden effort," Working Papers 0704, Department of Economics, University of Missouri.
    137. Rauh, C. & Santos, M. R., 2022. "How do transfers and universal basic income impact the labor market and inequality?," Cambridge Working Papers in Economics 2208, Faculty of Economics, University of Cambridge.
    138. Christopher Phelan & Aldo Rustichini, 2015. "Pareto Efficiency and Identity," NBER Working Papers 20883, National Bureau of Economic Research, Inc.
    139. Emmanuel Farhi & Ivan Werning, 2006. "Progressive Estate Taxation," NBER Working Papers 12600, National Bureau of Economic Research, Inc.
    140. da Costa, Carlos E. & Severo, Tiago, 2008. "Education, preferences for leisure and the optimal income tax schedule," Journal of Public Economics, Elsevier, vol. 92(1-2), pages 113-138, February.
    141. Noah Williams, 2004. "On Dynamic Principal-Agent Problems in Continuous Time," Levine's Bibliography 122247000000000426, UCLA Department of Economics.
    142. Narayana R. Kocherlakota, 2005. "Optimal monetary policy: what we know and what we don’t know," Quarterly Review, Federal Reserve Bank of Minneapolis, vol. 29(Oct), pages 10-19.
    143. Jacobs, Bas & Schindler, Dirk, 2012. "On the desirability of taxing capital income in optimal social insurance," Journal of Public Economics, Elsevier, vol. 96(9-10), pages 853-868.
    144. Salvador Balle & Amedeo Spadaro, 2006. "Optimal Nonlinear Labor Income Taxation in Dynamic Economies," Working Papers 19, ECINEQ, Society for the Study of Economic Inequality.
    145. Yunmin Chen, 2024. "Optimal dynamic nonlinear income taxation with wage regulations," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 31(4), pages 1009-1036, August.
    146. Pontus Rendahl, 2012. "Asset‐Based Unemployment Insurance," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 53(3), pages 743-770, August.
    147. Ferey, Antoine, 2022. "Redistribution and Unemployment Insurance," Rationality and Competition Discussion Paper Series 345, CRC TRR 190 Rationality and Competition.
    148. Mark Huggett & Juan Carols Parra, 2006. "How Well Does the US Social Insurance System Provide Social Insurance?," Working Papers gueconwpa~06-06-11, Georgetown University, Department of Economics.
    149. Sachs, Dominik & Köhne, Sebastian, 2019. "Pareto-Efficient Tax Deductions," CEPR Discussion Papers 13852, C.E.P.R. Discussion Papers.
    150. Pierre Yared, 2008. "The Use of Concessions in Forestalling War," 2008 Meeting Papers 32, Society for Economic Dynamics.
    151. Auerbach, Alan J., 2006. "The Choice between Income and Consumption Taxes: A Primer," Berkeley Olin Program in Law & Economics, Working Paper Series qt9q85f6qz, Berkeley Olin Program in Law & Economics.
    152. Sleet, Christopher & Albanesi, Stefania, 2003. "Dynamic Optimal Taxation with Private Information," CEPR Discussion Papers 4006, C.E.P.R. Discussion Papers.
    153. Mikhail Golosov & Aleh Tsyvinski & Nicolas Werquin, 2016. "Recursive Contracts and Endogenously Incomplete Markets," NBER Working Papers 22012, National Bureau of Economic Research, Inc.
    154. Marcelo Veracierto, 2015. "Adverse Selection, Risk Sharing and Business Cycles," 2015 Meeting Papers 232, Society for Economic Dynamics.
    155. German Cubas & Pedro Silos, 2018. "Social Insurance and Occupational Mobility," DETU Working Papers 1802, Department of Economics, Temple University.
    156. Narayana R. Kocherlakota, 2003. "Zero Expected Wealth Taxes: A Mirrlees Approach to Dynamic Optimal Taxation," Levine's Bibliography 666156000000000426, UCLA Department of Economics.
    157. Geir Haakon Bjertnæs, 2006. "Income Taxation, Tuition Subsidies, and Choice of Occupation," Public Finance Review, , vol. 34(5), pages 574-599, September.
    158. Narayana R. Kocherlakota, 2004. "Wedges and Taxes," American Economic Review, American Economic Association, vol. 94(2), pages 109-113, May.
    159. Sagiri Kitao, 2005. "Income taxation with uninsurable endowment and entrepreneurial investment risks," 2005 Meeting Papers 514, Society for Economic Dynamics.
    160. Marcel Fafchamps & Aditya Shrinivas, 2022. "Risk Pooling and Precautionary Saving in Village Economies," NBER Working Papers 30128, National Bureau of Economic Research, Inc.
    161. Emmanuel Saez, 2002. "Optimal Progressive Capital Income Taxes in the Infinite Horizon Model," NBER Working Papers 9046, National Bureau of Economic Research, Inc.
    162. Marina Azzimonti & Eva de Francisco & Vincenzo Quadrini, 2011. "Financial globalization and the raising of public debt," Working Papers 2011-03, Towson University, Department of Economics, revised Mar 2011.
    163. Hosseini, Roozbeh & Jones, Larry E. & Shourideh, Ali, 2013. "Optimal contracting with dynastic altruism: Family size and per capita consumption," Journal of Economic Theory, Elsevier, vol. 148(5), pages 1806-1840.
    164. Craig Brett & John A Weymark, 2016. "Optimal Nonlinear Taxation of Income and Savings Without Commitment," Vanderbilt University Department of Economics Working Papers 16-00010, Vanderbilt University Department of Economics.
    165. Lockwood, Benjamin B. & Weinzierl, Matthew, 2016. "Positive and normative judgments implicit in U.S. tax policy, and the costs of unequal growth and recessions," Journal of Monetary Economics, Elsevier, vol. 77(C), pages 30-47.
    166. Bassetto, Marco & Kocherlakota, Narayana, 2004. "On the irrelevance of government debt when taxes are distortionary," Journal of Monetary Economics, Elsevier, vol. 51(2), pages 299-304, March.
    167. Dirk Krueger, 2006. "Public Insurance against Idiosyncratic and Aggregate Risk: The Case of Social Security and Progressive Income Taxation," CESifo Economic Studies, CESifo Group, vol. 52(4), pages 587-620, December.
    168. Bierbrauer, Felix & Sahm, Marco, 2010. "Optimal democratic mechanisms for taxation and public good provision," Journal of Public Economics, Elsevier, vol. 94(7-8), pages 453-466, August.
    169. Armenter, Roc & Mertens, Thomas M., 2013. "Fraud deterrence in dynamic Mirrleesian economies," Journal of Monetary Economics, Elsevier, vol. 60(2), pages 139-151.
    170. Yunker, James A., 2016. "Economic inequality and optimal redistribution: A theoretical and empirical analysis," Journal of Policy Modeling, Elsevier, vol. 38(3), pages 528-552.
    171. Yunmin Chen & YiLi Chien & Michael T. Owyang, 2015. "Individual and Aggregate Constrained Efficient Intertemporal Wedges in Dynamic Mirrleesian Economies," Working Papers 2015-43, Federal Reserve Bank of St. Louis.
    172. Wang, Gaowang & Zou, Heng-fu, 2020. "Optimal fiscal and monetary policy in economies with capital," MPRA Paper 102753, University Library of Munich, Germany.
    173. Ge Jin & Bing Zhang, 2024. "Optimal fiscal policy with a balanced-budget restriction: revisiting Chamley and Barro," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 31(2), pages 454-485, April.
    174. Césaire Meh & Vincenzo Quadrini, 2004. "Uninsurable Investment Risks," Staff Working Papers 04-29, Bank of Canada.
    175. J. C. Parra & M. Huggett, 2005. "Quantifying the Inefficiency of the US Social Security System," Computing in Economics and Finance 2005 70, Society for Computational Economics.
    176. Hungerbühler, Mathias & Lehmann, Etienne & Parmentier, Alexis & Van der Linden, Bruno, 2010. "A Simple Theory of Optimal Redistributive Taxation with Equilibrium Unemployment," IZA Discussion Papers 4832, IZA Network @ LISER.
    177. Narayana Kocherlakota & Luigi Pistaferri, 2008. "Household Heterogeneity and Asset Trade: Resolving the Equity Premium Puzzle in Three Countries," Levine's Bibliography 122247000000001886, UCLA Department of Economics.
    178. Martin Hellwig, 2004. "Optimal Income Taxation, Public-Goods Provision and Public-Sector Pricing: A Contribution to the Foundations of Public Economics," Discussion Paper Series of the Max Planck Institute for Behavioral Economics 2004_14, Max Planck Institute for Behavioral Economics.
    179. Borys Grochulski, 2008. "Limits to redistribution and intertemporal wedges : implications of Pareto optimality with private information," Economic Quarterly, Federal Reserve Bank of Richmond, vol. 94(Spr), pages 173-196.
    180. Ozlem Kina & Ctirad Slavik & Hakki Yazici, 2020. "Redistributive Capital Taxation Revisited," CERGE-EI Working Papers wp674, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
    181. Ndiaye, Abdoulaye, 2018. "Flexible Retirement and Optimal Taxation," MPRA Paper 102651, University Library of Munich, Germany, revised 14 Aug 2020.
    182. Meh, Cesaire A. & Quadrini, Vincenzo, 2006. "Endogenous market incompleteness with investment risks," Journal of Economic Dynamics and Control, Elsevier, vol. 30(11), pages 2143-2165, November.
    183. Narayana R. Kocherlakota, 2010. "Introduction," Introductory Chapters, in: The New Dynamic Public Finance, Princeton University Press.
    184. Cyril Monnet & Ted Temzelides, 2014. "Monetary Emissions Trading Mechanisms," CESifo Working Paper Series 4633, CESifo.
    185. Yuta Saito & Yosuke Takeda, 2022. "Capital taxation with parental incentives," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 24(6), pages 1310-1341, December.
    186. Lehmann, Etienne & Parmentier, Alexis & Van Der Linden, Bruno, 2011. "Optimal income taxation with endogenous participation and search unemployment," Journal of Public Economics, Elsevier, vol. 95(11), pages 1523-1537.
    187. Mikhail Golosov & Aleh Tsyvinski, 2004. "Designing Optimal Disability Insurance: A Case for Asset Testing," NBER Working Papers 10792, National Bureau of Economic Research, Inc.
    188. Xi Chen & Yu Chen & Xuhu Wan, 2018. "Delegated Project Search," Graz Economics Papers 2018-11, University of Graz, Department of Economics.
    189. Sagiri Kitao, 2008. "Entrepreneurship, taxation and capital investment," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 11(1), pages 44-69, January.
    190. Peter A. Diamond & Emmanuel Saez, 2011. "The Case for a Progressive Tax: From Basic Research to Policy Recommendations," CESifo Working Paper Series 3548, CESifo.
    191. Brian C. Albrecht & Joshua R. Hendrickson & Alexander William Salter, 2022. "Evolution, uncertainty, and the asymptotic efficiency of policy," Public Choice, Springer, vol. 192(1), pages 169-188, July.
    192. Aruoba, S. Boragan & Chugh, Sanjay K., 2010. "Optimal fiscal and monetary policy when money is essential," Journal of Economic Theory, Elsevier, vol. 145(5), pages 1618-1647, September.
    193. N. Gregory Mankiw & Matthew Weinzierl, 2009. "The Optimal Taxation of Height: A Case Study of Utilitarian Income Redistribution," NBER Working Papers 14976, National Bureau of Economic Research, Inc.
    194. Jean-Marie Lozachmeur, 2006. "Disability insurance and optimal income taxation," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 13(6), pages 717-732, November.
    195. Meng, Delong, 2021. "On the value of repetition for communication games," Games and Economic Behavior, Elsevier, vol. 127(C), pages 227-246.
    196. Marina Azzimonti & Vincenzo Quadrini, 2012. "Financial globalization, inequality, and the raising of public debt," Working Papers 12-6, Federal Reserve Bank of Philadelphia.
    197. Antoine Bommier & Marie‐Louise Leroux & Jean‐Marie Lozachmeur, 2011. "Differential mortality and social security," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 44(1), pages 273-289, February.
    198. Anderberg, Dan, 2009. "Optimal policy and the risk properties of human capital reconsidered," Journal of Public Economics, Elsevier, vol. 93(9-10), pages 1017-1026, October.
    199. Hakki Yazici & Ctirad Slavik, 2013. "Machines, Buildings, and Optimal Dynamic Taxes," 2013 Meeting Papers 766, Society for Economic Dynamics.
    200. Iovino, Luigi & Golosov, Mikhail, 2019. "Social Insurance, Information Revelation, and Lack of Commitment," CEPR Discussion Papers 14116, C.E.P.R. Discussion Papers.
    201. Justin Yifu Lin & Wei Wang & Venite Zhaoyang Xu, 2021. "Catch‐up industrial policy and economic transition in China," The World Economy, Wiley Blackwell, vol. 44(3), pages 602-632, March.
    202. Bas Jacobs & A. Bovenberg, 2010. "Human capital and optimal positive taxation of capital income," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 17(5), pages 451-478, October.
    203. Jacquet, Laurence & Lehmann, Etienne, 2021. "How to Tax Different Incomes?," IZA Discussion Papers 14739, IZA Network @ LISER.
    204. Bas Jacobs & Dirk Schindler, 2009. "On the Desirability of Taxing Capital Income to Reduce Moral Hazard in Social Insurance," CESifo Working Paper Series 2806, CESifo.
    205. Arsen Palestini & Giuseppe Pignataro, 2023. "Inequality assessment in a dynamic framework with heterogenous agents," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 40(2), pages 469-494, July.
    206. Fuster, Luisa & Imrohoroglu, Ayse & Imrohoroglu, Selahattin, 2008. "Altruism, incomplete markets, and tax reform," Journal of Monetary Economics, Elsevier, vol. 55(1), pages 65-90, January.
    207. Euiyoung Jung & Chul-In Lee, 2024. "Optimal fiscal policy under finite planning horizons," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 31(6), pages 1550-1583, December.
    208. Costa, Carlos Eugênio da & Luz, Vitor Farinha, 2010. "The private memory of aggregate shocks," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 706, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    209. Dirk Bergemann & Juuso Valimaki, 2017. "Dynamic Mechanism Design: An Introduction," Cowles Foundation Discussion Papers 2102, Cowles Foundation for Research in Economics, Yale University.
    210. Franz Wirl, 2025. "Income Taxation of Privately Informed Agents by a Leviathan Government," Homo Oeconomicus: Journal of Behavioral and Institutional Economics, Springer, vol. 42(1), pages 43-63, November.
    211. Marco Bassetto & Christopher Phelan, 2006. "Tax riots," Working Paper Series WP-06-04, Federal Reserve Bank of Chicago.
    212. Maxim Troshkin & Aleh Tsyvinski & Mikhail Golosov, 2010. "Optimal Dynamic Taxes," 2010 Meeting Papers 320, Society for Economic Dynamics.
    213. Sergio Ocampo & Gueorgui Kambourov & Daphne Chen & Burhanettin Kuruscu & Fatih Guvenen, 2017. "Use It or Lose It: Efficiency Gains from Wealth Taxation," 2017 Meeting Papers 913, Society for Economic Dynamics.
    214. Kitao, Sagiri, 2010. "Labor-dependent capital income taxation," Journal of Monetary Economics, Elsevier, vol. 57(8), pages 959-974, November.
    215. Yosuke Furukawa, 2013. "Increased Regressivity of the Optimal Capital Tax under a Welfare Constraint for Newborn Children," KIER Working Papers 846, Kyoto University, Institute of Economic Research.
    216. Xiaojun Bu & Gaowang Wang, 2025. "Optimal Fiscal and Monetary Policy in Economies With Capital," Annals of Economics and Finance, Society for AEF, vol. 26(1), pages 177-211, May.
    217. Pedro Gomis-Porqueras & Daniel R. Sanches, 2011. "Optimal monetary policy in a model of money and credit," Working Papers 11-28, Federal Reserve Bank of Philadelphia.
    218. Moser, Christian & Olea de Souza e Silva, Pedro, 2019. "Optimal Paternalistic Savings Policies," MPRA Paper 95383, University Library of Munich, Germany.
    219. Guo, Lu & Yan, Chong, 2021. "Optimal Taxation in the Endogenous Growth Framework with the Private Information," MPRA Paper 109548, University Library of Munich, Germany.
    220. Yared, Pierre, 2010. "A dynamic theory of war and peace," Journal of Economic Theory, Elsevier, vol. 145(5), pages 1921-1950, September.
    221. Laussel, Didier & Long, Ngo Van & Resende, Joana, 2020. "Quality and price personalization under customer recognition: A dynamic monopoly model with contrasting equilibria," Journal of Economic Dynamics and Control, Elsevier, vol. 114(C).
    222. Orazio Attanasio & Nicola Pavoni, 2007. "Risk Sharing in Private Information Models with Asset Accumulation: Explaining the Excess Smoothness of Consumption," NBER Working Papers 12994, National Bureau of Economic Research, Inc.
    223. Carmona, Guilherme & Podczeck, Konrad, 2014. "Existence of Nash equilibrium in games with a measure space of players and discontinuous payoff functions," Journal of Economic Theory, Elsevier, vol. 152(C), pages 130-178.
    224. Hellwig, Martin F., 2005. "A utilitarian approach to the provision and pricing of excludable public goods," Journal of Public Economics, Elsevier, vol. 89(11-12), pages 1981-2003, December.
    225. Felix Bierbrauer, 2009. "Optimal Income Taxation and Public Goods Provision in a Large Economy with Aggregate Uncertainty," CESifo Working Paper Series 2701, CESifo.
    226. Stefanie Stantcheva, 2020. "Dynamic Taxation," Annual Review of Economics, Annual Reviews, vol. 12(1), pages 801-831, August.
    227. Lans Bovenberg & Peter Birch Sørensen, 2009. "Optimal Social Insurance with Linear Income Taxation," Scandinavian Journal of Economics, Wiley Blackwell, vol. 111(2), pages 251-275, June.
    228. Junsang Lee & Yili Chien, 2008. "Optimal Capital Taxation Under Limited Commitment," ANU Working Papers in Economics and Econometrics 2008-498, Australian National University, College of Business and Economics, School of Economics.
    229. Sebastian Koehne, 2015. "On the Taxation of Durable Goods," CESifo Working Paper Series 5194, CESifo.
    230. Stefania Albanesi, 2007. "Redistribution and Optimal Monetary Policy: Results and Open Questions," Rivista di Politica Economica, SIPI Spa, vol. 97(4), pages 3-48, July-Agou.
    231. Richard J. Zeckhauser & Erzo F.P. Luttmer, 2008. "Schedule Selection by Agents: from Price Plans to Tax Tables," 2008 Meeting Papers 406, Society for Economic Dynamics.
    232. Quadrini, Vincenzo & Ríos-Rull, José-Víctor, 2024. "International tax competition with rising intangible capital and financial globalization," Journal of Monetary Economics, Elsevier, vol. 141(C), pages 101-120.
    233. Lee, Kyung-woo, 2015. "Optimal disability insurance with unobservable skill heterogeneity," Journal of Public Economics, Elsevier, vol. 122(C), pages 94-109.
    234. Víctor Mauricio Castañeda Rodríguez, 2013. "La tributación en América Latina desde la crisis de la deuda y el papel del legislativo en Colombia," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 15(28), pages 257-280, January-J.
    235. Petrucci, Alberto, 2015. "Optimal income taxation in models with endogenous fertility," Journal of Macroeconomics, Elsevier, vol. 43(C), pages 216-225.
    236. Carlos E. da Costa, 2009. "Yet Another Reason to Tax Goods," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 12(2), pages 363-376, April.
    237. Sachs, Dominik & Findeisen, Sebastian, 2015. "Insurance and Redistribution with Simple Tax Instruments," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 113099, Verein für Socialpolitik / German Economic Association.
    238. Emmanuel Farhi & Mikhail Golosov & Aleh Tsyvinski, 2007. "A Theory of Liquidity and Regulation of Financial Intermediation," NBER Working Papers 12959, National Bureau of Economic Research, Inc.
    239. Javier Coto-Martinez & Carlos Garriga & Fernando Sanchez-Losada, 2007. "Optimal taxation with imperfect competition and aggregate returns to specialization," Working Papers 2007-036, Federal Reserve Bank of St. Louis.

Articles

  1. Anton Cheremukhin & Mikhail Golosov & Sergei Guriev & Aleh Tsyvinski, 2024. "The Political Development Cycle: The Right and the Left in People's Republic of China from 1953," American Economic Review, American Economic Association, vol. 114(4), pages 1107-1139, April.

    Cited by:

    1. Huang, Wenbin & Mishra, Ashok K., 2025. "Understanding agricultural subsidies and factor allocation: A general equilibrium analysis," Economic Modelling, Elsevier, vol. 153(C).
    2. Daniel Fehrle & Vasilij Konysev, 2025. "To converge or not to converge: Accounting for the German reunification," Discussion Paper Series 348, Universitaet Augsburg, Institute for Economics.
    3. Peng, Guohua & Zhao, Xiaoling, 2025. "Effects of export growth on the location choices of migrant workers: Evidence from China," China Economic Review, Elsevier, vol. 92(C).
    4. Batabyal, Amitrajeet & Beladi, Hamid, 2024. "Political Power Shifts, Varying Tax Policy, and Economic Outcomes in a Creative Region," MPRA Paper 122595, University Library of Munich, Germany, revised 29 Oct 2024.
    5. Daniel Fehrle & Vasilij Konysev, 2025. "A “Marginal” Tale of Two Germanies: Accounting for the Systemic Divide," Discussion Paper Series 347, Universitaet Augsburg, Institute for Economics.
    6. Kok, Chun Chee & Lim, Gedeon & Shariat, Danial & Siddique, Abu & Tsuda, Shunsuke, 2025. "Interethnic Proximity and Political Development," IZA Discussion Papers 17776, IZA Network @ LISER.

  2. Mikhail Golosov & Michael Graber & Magne Mogstad & David Novgorodsky, 2024. "How Americans Respond to Idiosyncratic and Exogenous Changes in Household Wealth and Unearned Income," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 139(2), pages 1321-1395.
    See citations under working paper version above.
  3. Anmol Bhandari & David Evans & Mikhail Golosov & Thomas J. Sargent, 2021. "Inequality, Business Cycles, and Monetary‐Fiscal Policy," Econometrica, Econometric Society, vol. 89(6), pages 2559-2599, November.
    See citations under working paper version above.
  4. Mikhail Golosov & Luigi Iovino, 2021. "Social Insurance, Information Revelation, and Lack of Commitment," Journal of Political Economy, University of Chicago Press, vol. 129(9), pages 2629-2665.
    See citations under working paper version above.
  5. Golosov, Mikhail & Menzio, Guido, 2020. "Agency business cycles," Theoretical Economics, Econometric Society, vol. 15(1), January.
    See citations under working paper version above.
  6. Anton Cheremukhin & Mikhail Golosov & Sergei Guriev & Aleh Tsyvinski, 2017. "The Industrialization and Economic Development of Russia through the Lens of a Neoclassical Growth Model," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 84(2), pages 613-649.
    See citations under working paper version above.
  7. Bhandari, Anmol & Evans, David & Golosov, Mikhail & Sargent, Thomas J., 2017. "Public debt in economies with heterogeneous agents," Journal of Monetary Economics, Elsevier, vol. 91(C), pages 39-51.

    Cited by:

    1. Yunmin Chen & YiLi Chien & Yi Wen & C. C. Yang, 2021. "Are Unconditional Lump-sum Transfers a Good Idea?," Working Papers 2021-002, Federal Reserve Bank of St. Louis, revised 10 Sep 2021.
    2. Mark Aguiar & Manuel Amador & Cristina Arellano, 2021. "Micro Risks and Pareto Improving Policies with Low Interest Rates," Staff Report 625, Federal Reserve Bank of Minneapolis.
    3. Ruediger Bachmann & Jinhui Bai & Minjoon Lee & Fudong Zhang, 2020. "The Welfare and Distributional Effects of Fiscal Volatility: a Quantitative Evaluation," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 38, pages 127-153, October.
    4. François Courtoy, 2022. "When Household Heterogeneity Matters Optimal Fiscal Policy in a Medium-Scale TANK Model," LIDAM Discussion Papers IRES 2022009, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    5. Axelle Ferrière & Gaston Navarro, 2018. "The Heterogeneous Effects of Government Spending : It’s All About Taxes," International Finance Discussion Papers 1237, Board of Governors of the Federal Reserve System (U.S.).
    6. Rui Sun, 2026. "Risk Capacity and Optimal Monetary Policy," Papers 2603.21044, arXiv.org.
    7. Christian Bayer & Benjamin Born & Ralph Luetticke, 2021. "The Liquidity Channel of Fiscal Policy," ifo Working Paper Series 351, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
    8. Pablo D'Erasmo & Enrique G. Mendoza, 2018. "History Remembered: Optimal Sovereign Default on Domestic and External Debt," NBER Working Papers 25073, National Bureau of Economic Research, Inc.
    9. Yi‐Chan Tsai & C. C. Yang & Hsin‐Jung Yu, 2022. "Rising skill premium and the dynamics of optimal capital and labor taxation," Quantitative Economics, Econometric Society, vol. 13(3), pages 1061-1099, July.
    10. Anmol Bhandari & David Evans & Mikhail Golosov & Thomas Sargent, 2019. "The Optimal Maturity of Government Debt," 2019 Meeting Papers 1011, Society for Economic Dynamics.
    11. Kent Osband Valerio Filoso & Capasso Salvatore & Valerio Filoso, 2022. "The Limits of Limitless Debt," CSEF Working Papers 662, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
    12. Boris Chafwehé & François Courtoy, 2021. "Optimal Taxes and Transfers with Household Heterogeneity," LIDAM Discussion Papers IRES 2021009, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    13. YiLi Chien & Yi Wen, 2020. "Time-Inconsistent Optimal Quantity of Debt," Working Papers 2020-037, Federal Reserve Bank of St. Louis, revised 02 Sep 2021.
    14. Scholl, Almuth, 2023. "The politics of redistribution and sovereign default," Working Papers 13, University of Konstanz, Cluster of Excellence "The Politics of Inequality. Perceptions, Participation and Policies".
    15. Christian Myohl, 2018. "Optimal Fiscal Policy and Private Sector Borrowing Constraints," Diskussionsschriften dp1822, Universitaet Bern, Departement Volkswirtschaft.
    16. Anmol Bhandari & David Evans & Mikhail Golosov & Thomas J. Sargent, 2018. "Inequality, Business Cycles, and Monetary-Fiscal Policy," Working Papers 18-26, New York University, Leonard N. Stern School of Business, Department of Economics.
    17. Zheng Gong, 2025. "When Does Household Heterogeneity Matter for Aggregate Fluctuations?," CRC TR 224 Discussion Paper Series crctr224_2025_624v2, University of Bonn and University of Mannheim, Germany, revised Sep 2025.
    18. Chien, YiLi & Wen, Yi, 2022. "The determination of public debt under both aggregate and idiosyncratic uncertainty," Journal of Economic Theory, Elsevier, vol. 203(C).

  8. Anmol Bhandari & David Evans & Mikhail Golosov & Thomas J. Sargent, 2017. "Fiscal Policy and Debt Management with Incomplete Markets," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 132(2), pages 617-663.
    See citations under working paper version above.
  9. Mikhail Golosov & Maxim Troshkin & Aleh Tsyvinski, 2016. "Redistribution and Social Insurance," American Economic Review, American Economic Association, vol. 106(2), pages 359-386, February.

    Cited by:

    1. Thibaut Mastrolia & Dylan Possamaï, 2018. "Moral Hazard Under Ambiguity," Journal of Optimization Theory and Applications, Springer, vol. 179(2), pages 452-500, November.
    2. Kristy Fan & Tyler J. Fisher & Andrew A. Samwick, 2021. "The Insurance Value of Financial Aid," NBER Working Papers 28669, National Bureau of Economic Research, Inc.
    3. Nezih Guner & Javier López-Segovia & Roberto Ramos, 2020. "Reforming the individual income tax in Spain," SERIEs: Journal of the Spanish Economic Association, Springer;Spanish Economic Association, vol. 11(4), pages 369-406, December.
    4. Pawel Doligalski & Abdoulaye Ndiaye & Nicolas Werquin, 2020. "Redistribution with Performance Pay," CESifo Working Paper Series 8267, CESifo.
    5. Spencer Bastani & Daniel Waldenström, 2018. "How Should Capital be Taxed? Theory and Evidence from Sweden," CESifo Working Paper Series 7004, CESifo.
    6. Long, Ngo Van, 2019. "Financing higher education in an imperfect world," Economics of Education Review, Elsevier, vol. 71(C), pages 23-31.
    7. Joachim Hubmer, 2018. "The Job Ladder and its Implications for Earnings Risk," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 29, pages 172-194, July.
    8. David Domeij & Fatih Guvenen & Rocio Madera & Christopher Busch, 2020. "Skewed Idiosyncratic Income Risk over the Business Cycle: Sources and Insurance," Working Papers 1180, Barcelona School of Economics.
    9. Job Boerma & Ellen McGrattan, 2018. "Health Capital Taxation," 2018 Meeting Papers 204, Society for Economic Dynamics.
    10. Yongsung Chang & Yena Park, 2017. "Optimal Taxation with Private Insurance," Working papers 2017rwp-105, Yonsei University, Yonsei Economics Research Institute.
    11. Boar, Corina & Midrigan, Virgiliu, 2022. "Efficient redistribution," Journal of Monetary Economics, Elsevier, vol. 131(C), pages 78-91.
    12. Boháček, Radim & Kejak, Michal, 2018. "Optimal government policies in models with heterogeneous agents," Journal of Economic Theory, Elsevier, vol. 176(C), pages 834-858.
    13. Koeniger, Winfried & Zanella, Carlo, 2022. "Opportunity and inequality across generations," Journal of Public Economics, Elsevier, vol. 208(C).
    14. Philippe Choné & Guy Laroque, 2018. "On the redistributive power of pensions," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 50(3), pages 519-546, March.
    15. Ales, Laurence & Maziero, Pricila, 2016. "Non-exclusive dynamic contracts, competition, and the limits of insurance," Journal of Economic Theory, Elsevier, vol. 166(C), pages 362-395.
    16. Makarski, Krzysztof & Tyrowicz, Joanna & Komada, Oliwia, 2022. "Progressing Towards Efficiency: The Role for Labor Tax Progression in Reforming Social Security," IZA Discussion Papers 15100, IZA Network @ LISER.
    17. Spencer Bastani & Daniel Waldenström, 2018. "How should capital be taxed? The Swedish experience," Working Papers hal-02878153, HAL.
    18. Christopher Busch & Alexander Ludwig, 2024. "Higher‐Order Income Risk Over The Business Cycle," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 65(3), pages 1105-1131, August.
    19. Manuel Sanchez & Felix Wellschmied, 2020. "Modeling Life-Cycle Earnings Risk with Positive and Negative Shocks," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 37, pages 103-126, July.
    20. Maideu-Morera, Gerard, 2024. "Firm Size and Compensation Dynamics with Risk Aversion and Persistent Private Information," TSE Working Papers 24-1535, Toulouse School of Economics (TSE).
    21. Mariacristina De Nardi & Giulio Fella & Marike G. Knoef & Gonzalo Paz-Pardo & Raun Van Ooijen, 2019. "Family and Government Insurance: Wage, Earnings, and Income Risks in the Netherlands and the U.S," NBER Working Papers 25832, National Bureau of Economic Research, Inc.
    22. Carlos da Costa & Vitor Farinha Luz, 2018. "The Private Memory of Aggregate Uncertainty," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 27, pages 169-183, January.
    23. McKay, Alisdair & Reis, Ricardo, 2016. "Optimal automatic stabilizers," LSE Research Online Documents on Economics 86229, London School of Economics and Political Science, LSE Library.
    24. Eden,Maya, 2017. "Is there enough redistribution ?," Policy Research Working Paper Series 8003, The World Bank.
    25. Tobias Broer & Marek Kapicka & Paul Klein, 2017. "Consumption Risk Sharing with Private Information and Limited Enforcement," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 23, pages 170-190, January.
    26. Findeisen, Sebastian & Sachs, Dominik, 2017. "Redistribution and insurance with simple tax instruments," Journal of Public Economics, Elsevier, vol. 146(C), pages 58-78.
    27. Jonathan Heathcote & Kjetil Storesletten & Giovanni L. Violante, 2017. "Optimal Progressivity with Age-Dependent Taxation," Staff Report 551, Federal Reserve Bank of Minneapolis.
    28. Tom Phelan, 2019. "The Optimal Taxation of Business Owners," Working Papers 19-26R, Federal Reserve Bank of Cleveland, revised 28 May 2021.
    29. Abdoulaye Ndiaye, 2017. "Flexible Retirement and Optimal Taxation," Working Paper Series WP-2018-18, Federal Reserve Bank of Chicago.
    30. Gathergood, John & Wylie, Daniel, 2018. "Why are some households so poorly insured?," Journal of Economic Behavior & Organization, Elsevier, vol. 156(C), pages 1-12.
    31. Ferey, Antoine, 2022. "Redistribution and Unemployment Insurance," Rationality and Competition Discussion Paper Series 345, CRC TRR 190 Rationality and Competition.
    32. Jonathan Heathcote & Kjetil Storesletten & Giovanni L. Violante, 2017. "Optimal Tax Progressivity: An Analytical Framework," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 132(4), pages 1693-1754.
    33. Hellwig, Christian & Werquin, Nicolas, 2022. "Using Consumption Data to Derive Optimal Income and Capital Tax Rates," TSE Working Papers 22-1284, Toulouse School of Economics (TSE), revised Jan 2026.
    34. Westerhout, Ed, 2020. "The Adverse and Beneficial effects of Front-Loaded Pension Contributions," Discussion Paper 2020-016, Tilburg University, Center for Economic Research.
    35. Mikhail Golosov & Aleh Tsyvinski & Nicolas Werquin, 2016. "Recursive Contracts and Endogenously Incomplete Markets," NBER Working Papers 22012, National Bureau of Economic Research, Inc.
    36. Spencer Bastani & Daniel Waldenström, 2020. "How Should Capital Be Taxed?," Journal of Economic Surveys, Wiley Blackwell, vol. 34(4), pages 812-846, September.
    37. Ashley Cooper Craig, 2018. "Optimal Income Taxation with Spillovers from Employer Learning," 2018 Papers pcr186, Job Market Papers.
    38. Radoslaw Paluszynski & Pei Cheng Yu, "undated". "Optimal Taxation with Risky Human Capital and Retirement Savings," Discussion Papers 2019-05, School of Economics, The University of New South Wales.
    39. Castelluccio, Marco, 2021. "Flat tax? Maybe not a bad idea after all," Research in Economics, Elsevier, vol. 75(1), pages 60-78.
    40. Christopher Busch & David Domeij & Fatih Guvenen & Rocio Madera, 2018. "Asymmetric Business-Cycle Risk and Social Insurance," NBER Working Papers 24569, National Bureau of Economic Research, Inc.
    41. Neha Bairoliya & Giovanni Gallipoli & Kathleen McKiernan, 2026. "End-of-Life Liquidity," Working Papers 2025-010, Human Capital and Economic Opportunity Working Group.
    42. Silvia Sarpietro & Yuya Sasaki & Yulong Wang, 2022. "Non-Existent Moments of Earnings Growth," Papers 2203.08014, arXiv.org, revised Feb 2024.
    43. Manuel Arellano & Richard Blundell & Stéphane Bonhomme, 2016. "Earnings and Consumption Dynamics: A Nonlinear Panel Data Framework," Working Papers wp2016_1606, CEMFI.
    44. Moser, Christian & Olea de Souza e Silva, Pedro, 2019. "Optimal Paternalistic Savings Policies," MPRA Paper 95383, University Library of Munich, Germany.
    45. Laussel, Didier & Long, Ngo Van & Resende, Joana, 2020. "Quality and price personalization under customer recognition: A dynamic monopoly model with contrasting equilibria," Journal of Economic Dynamics and Control, Elsevier, vol. 114(C).
    46. Westerhout, Ed, 2020. "The Adverse and Beneficial effects of Front-Loaded Pension Contributions," Other publications TiSEM 25806b9b-8208-4ae6-b309-4, Tilburg University, School of Economics and Management.
    47. Ferrreira, Ana Melissa, 2019. "Skill-Biased Technological Change and Inequality in the U.S," MPRA Paper 93914, University Library of Munich, Germany.
    48. Stefanie Stantcheva, 2020. "Dynamic Taxation," Annual Review of Economics, Annual Reviews, vol. 12(1), pages 801-831, August.
    49. Gregorio Curello & Ludvig Sinander, 2020. "Screening for breakthroughs," Papers 2011.10090, arXiv.org, revised Mar 2025.
    50. Matthew Rognlie & Adrien Auclert, 2016. "Inequality and Aggregate Demand," 2016 Meeting Papers 1353, Society for Economic Dynamics.
    51. Findeisen, Sebastian & Sachs, Dominik, 2016. "Education and optimal dynamic taxation: The role of income-contingent student loans," Journal of Public Economics, Elsevier, vol. 138(C), pages 1-21.

  10. Mikhail Golosov & Aleh Tsyvinski, 2015. "Policy Implications of Dynamic Public Finance," Annual Review of Economics, Annual Reviews, vol. 7(1), pages 147-171, August.

    Cited by:

    1. Manuel Arellano & Stéphane Bonhomme, 2016. "Nonlinear panel data methods for dynamic heterogeneous agent models," CeMMAP working papers 51/16, Institute for Fiscal Studies.
    2. Spencer Bastani & Sören Blomquist & Luca Micheletto, 2016. "Public Pensions in a Multi-Period Mirrleesian Income Tax Model," CESifo Working Paper Series 6206, CESifo.
    3. Michaillat, Pascal & Saez, Emmanuel, 2015. "The optimal use of government purchases for macroeconomic stabilization," LSE Research Online Documents on Economics 87160, London School of Economics and Political Science, LSE Library.
    4. Abdoulaye Ndiaye, 2017. "Flexible Retirement and Optimal Taxation," Working Paper Series WP-2018-18, Federal Reserve Bank of Chicago.
    5. Enders Almira & Groll Dominik & Stähler Nikolai, 2020. "Parity funding of health care contributions in Germany: A DSGE perspective," German Economic Review, De Gruyter, vol. 21(2), pages 217-233, June.
    6. Craig Brett & John A Weymark, 2016. "Optimal Nonlinear Taxation of Income and Savings Without Commitment," Vanderbilt University Department of Economics Working Papers 16-00010, Vanderbilt University Department of Economics.
    7. Yunmin Chen & YiLi Chien & Michael T. Owyang, 2015. "Individual and Aggregate Constrained Efficient Intertemporal Wedges in Dynamic Mirrleesian Economies," Working Papers 2015-43, Federal Reserve Bank of St. Louis.
    8. Thomas Phelan, 2025. "On The Optimality Of Differential Asset Taxation," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 66(1), pages 53-78, February.
    9. Luca Spataro & Tommaso Crescioli, 2024. "How much capital should be taxed? A review of the quantitative and empirical literature," Journal of Economic Surveys, Wiley Blackwell, vol. 38(4), pages 1399-1436, September.
    10. Manuel Arellano & Richard Blundell & Stéphane Bonhomme, 2016. "Earnings and Consumption Dynamics: A Nonlinear Panel Data Framework," Working Papers wp2016_1606, CEMFI.
    11. Boadway, Robin & Cuff, Katherine, 2016. "Optimal Unemployment Insurance and Redistribution," Queen's Economics Department Working Papers 274701, Queen's University - Department of Economics.
    12. Georges Casamatta, 2023. "On the desirability of taxing bequests," Journal of Economics, Springer, vol. 138(3), pages 195-219, April.

  11. Golosov, Mikhail & Skreta, Vasiliki & Tsyvinski, Aleh & Wilson, Andrea, 2014. "Dynamic strategic information transmission," Journal of Economic Theory, Elsevier, vol. 151(C), pages 304-341.
    See citations under working paper version above.
  12. Mikhail Golosov & John Hassler & Per Krusell & Aleh Tsyvinski, 2014. "Optimal Taxes on Fossil Fuel in General Equilibrium," Econometrica, Econometric Society, vol. 82(1), pages 41-88, January.
    See citations under working paper version above.
  13. Mikhail Golosov & Guido Lorenzoni & Aleh Tsyvinski, 2014. "Decentralized Trading With Private Information," Econometrica, Econometric Society, vol. 82(3), pages 1055-1091, May.
    See citations under working paper version above.
  14. Golosov, Mikhail & Troshkin, Maxim & Tsyvinski, Aleh & Weinzierl, Matthew, 2013. "Preference heterogeneity and optimal capital income taxation," Journal of Public Economics, Elsevier, vol. 97(C), pages 160-175.
    See citations under working paper version above.
  15. Mikhail Golosov & Ali Shourideh & Maxim Troshkin & Aleh Tsyvinski, 2013. "Optimal Pension Systems with Simple Instruments," American Economic Review, American Economic Association, vol. 103(3), pages 502-507, May.

    Cited by:

    1. Wheadon, Daniel & Castex, Gonzalo & Kudrna, George & Woodland, Alan, 2024. "Non-linear means-tested pensions: Welfare and distributional analyses," Economic Modelling, Elsevier, vol. 138(C).
    2. Marc Fleurbaey & Marie‐Louise Leroux & Pierre Pestieau & Gregory Ponthiere, 2016. "Fair Retirement Under Risky Lifetime," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 57(1), pages 177-210, February.
    3. Ludwig, Alexander, 2016. "Das Deutsche Rentensystem: Thesen zur derzeitigen Diskussion um "Umkehr"-Reformen," SAFE White Paper Series 40, Leibniz Institute for Financial Research SAFE.
    4. Harenberg, Daniel & Ludwig, Alexander, 2017. "Idiosyncratic risk, aggregate risk, and the welfare effects of social security," SAFE Working Paper Series 59, Leibniz Institute for Financial Research SAFE, revised 2017.
    5. Youngsoo Jang & Svetlana Pashchenko & Ponpoje Porapakkarm, 2025. "Redistribution, distortions, and the welfare effects of Social Security," Working papers 2025rwp-271, Yonsei University, Yonsei Economics Research Institute.
    6. Blundell, R. & French, E. & Tetlow, G., 2016. "Retirement Incentives and Labor Supply," Handbook of the Economics of Population Aging, in: Piggott, John & Woodland, Alan (ed.), Handbook of the Economics of Population Aging, edition 1, volume 1, chapter 0, pages 457-566, Elsevier.
    7. Berliant, Marcus & Fujishima, Shota, 2016. "Optimal Income Taxation with a Stationarity Constraint in a Dynamic Stochastic Economy," MPRA Paper 71625, University Library of Munich, Germany.
    8. Sánchez-Romero, Miguel & Prskawetz, Alexia, 2017. "Redistributive effects of the US pension system among individuals with different life expectancy," The Journal of the Economics of Ageing, Elsevier, vol. 10(C), pages 51-74.
    9. Schön, Matthias, 2020. "Demographic change and the rate of return in PAYG pension systems," Discussion Papers 57/2020, Deutsche Bundesbank.
    10. Daniel Harenberg & Alexander Ludwig, 2014. "Social Security and the Interactions Between Aggregate and Idiosyncratic Risk," Working Paper Series in Economics 71, University of Cologne, Department of Economics.
    11. Cormac O'Dea, 2018. "Insurance, Efficiency and the Design of Public Pensions," 2018 Meeting Papers 1037, Society for Economic Dynamics.
    12. Youngsoo Jang & Svetlana Pashchenko & Ponpoje Porapakkarm, 2026. "Redistribution, Distortions, and the Welfare Effects of Social Security," Working Papers 2025-012, Human Capital and Economic Opportunity Working Group.
    13. Ferey, Antoine, 2022. "Redistribution and Unemployment Insurance," Rationality and Competition Discussion Paper Series 345, CRC TRR 190 Rationality and Competition.
    14. Yiqing Xing & Anqi Li, 2014. "Simple Labor Income Tax Systems with Endogenous Employment Contracts," 2014 Meeting Papers 866, Society for Economic Dynamics.
    15. Kudrna, George & Tran, Chung & Woodland, Alan, 2022. "Sustainable and equitable pensions with means testing in aging economies," European Economic Review, Elsevier, vol. 141(C).
    16. No authors listed, 2016. "Überlegungen zur fairen und nachhaltigen Ausgestaltung eines Pensionskontensystems," Working Paper Reihe der AK Wien - Materialien zu Wirtschaft und Gesellschaft 159, Kammer für Arbeiter und Angestellte für Wien, Abteilung Wirtschaftswissenschaft und Statistik.

  16. Mikhail Golosov & Pricila Maziero & Guido Menzio, 2013. "Taxation and Redistribution of Residual Income Inequality," Journal of Political Economy, University of Chicago Press, vol. 121(6), pages 1160-1204.
    See citations under working paper version above.
  17. Daron Acemoglu & Mikhail Golosov & Aleh Tsyvinski & Pierre Yared, 2012. "A Dynamic Theory of Resource Wars," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 127(1), pages 283-331.
    See citations under working paper version above.
  18. Chari, V.V. & Golosov, Mikhail & Tsyvinski, Aleh, 2012. "Prizes and patents: Using market signals to provide incentives for innovations," Journal of Economic Theory, Elsevier, vol. 147(2), pages 781-801.
    See citations under working paper version above.
  19. Mikhail Golosov & Maxim Troshkin & Aleh Tsyvinski, 2011. "Optimal Taxation: Merging Micro and Macro Approaches," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 43, pages 147-174, August.

    Cited by:

    1. Guo, Jang-Ting & Krause, Alan, 2015. "Dynamic income taxation without commitment: Comparing alternative tax systems," Economic Modelling, Elsevier, vol. 47(C), pages 319-326.
    2. Mikhail Golosov & Maxim Troshkin & Aleh Tsyvinski & Matthew Weinzierl, 2010. "Preference Heterogeneity and Optimal Capital Income Taxation," NBER Working Papers 16619, National Bureau of Economic Research, Inc.
    3. Boháček, Radim & Kejak, Michal, 2018. "Optimal government policies in models with heterogeneous agents," Journal of Economic Theory, Elsevier, vol. 176(C), pages 834-858.
    4. José Alves, 2021. "The Sinful Side of Taxation: Is it Possible to Satisfy the Government Hunger for Revenues While Promoting Economic Growth?," Hacienda Pública Española / Review of Public Economics, IEF, vol. 237(2), pages 85-109, June.
    5. Charles Brendon, 2011. "Applying perturbation analysis to dynamic optimal tax problems," Economics Series Working Papers 581, University of Oxford, Department of Economics.
    6. Shantanu Bagchi, 2016. "Differential Mortality and the Progressivity of Social Security," Upjohn Working Papers 16-263, W.E. Upjohn Institute for Employment Research.
    7. Michaillat, Pascal & Saez, Emmanuel, 2015. "The optimal use of government purchases for macroeconomic stabilization," LSE Research Online Documents on Economics 87160, London School of Economics and Political Science, LSE Library.
    8. Enders Almira & Groll Dominik & Stähler Nikolai, 2020. "Parity funding of health care contributions in Germany: A DSGE perspective," German Economic Review, De Gruyter, vol. 21(2), pages 217-233, June.
    9. Faíña, Andrés & López-Rodríguez, Jesús & Varela-Candamio, Laura, 2013. "Reinterpreting the Frisch parameter in the field of personal taxation: A link between taxable capacity and social marginal utility in Optimal Taxation," Economics Letters, Elsevier, vol. 118(1), pages 81-83.

  20. Acemoglu, Daron & Golosov, Mikhail & Tsyvinski, Aleh, 2011. "Power fluctuations and political economy," Journal of Economic Theory, Elsevier, vol. 146(3), pages 1009-1041, May.
    See citations under working paper version above.
  21. Acemoglu, Daron & Golosov, Mikhail & Tsyvinski, Aleh, 2011. "Political economy of Ramsey taxation," Journal of Public Economics, Elsevier, vol. 95(7-8), pages 467-475, August.
    See citations under working paper version above.
  22. Daron Acemoglu & Mikhail Golosov & Aleh Tsyvinski, 2010. "Dynamic Mirrlees Taxation under Political Economy Constraints," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 77(3), pages 841-881.

    Cited by:

    1. Ludivine Roussey & Raphaël Soubeyran, 2018. "Overburdened judges," Working Papers halshs-01936006, HAL.
    2. Marcus Berliant & Pierre C. Boyer, 2024. "Politics and income taxes: Progress and progressivity," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 26(4), August.
    3. Michael Curry & Alexander Trott & Soham Phade & Yu Bai & Stephan Zheng, 2022. "Analyzing Micro-Founded General Equilibrium Models with Many Agents using Deep Reinforcement Learning," Papers 2201.01163, arXiv.org, revised Feb 2022.
    4. Alesina, A. & Passalacqua, A., 2016. "The Political Economy of Government Debt," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 2599-2651, Elsevier.
    5. Acemoglu, Daron & Golosov, Mikhail & Tsyvinski, Aleh, 2011. "Political economy of Ramsey taxation," Journal of Public Economics, Elsevier, vol. 95(7), pages 467-475.
    6. Lin Ma & Qinchuan Du & Tian Wu, 2019. "Government Intervention and Automobile Industry Structure: Theory and Evidence from China," Sustainability, MDPI, vol. 11(17), pages 1-25, August.
    7. Pierre M. Picard & Tim Worrall, 2011. "Sustainable Migration Policies," Economics Discussion Paper Series 1122, Economics, The University of Manchester.
    8. Alexander Wolitzky & Florian Scheuer, 2014. "Capital Taxation under Political Constraints," 2014 Meeting Papers 191, Society for Economic Dynamics.
    9. Charles Brendon & Martin Ellison, 2018. "Time-Consistently Undominated Policies," Discussion Papers 1801, Centre for Macroeconomics (CFM).
    10. Frits Bos & Thomas van der Pol & Gerbert Romijn, 2018. "Should CBA’s include a correction for the marginal excess burden of taxation?," CPB Discussion Paper 370, CPB Netherlands Bureau for Economic Policy Analysis.
    11. Acemoglu, Daron & Golosov, Mikhail & Tsyvinski, Aleh, 2011. "Power fluctuations and political economy," Journal of Economic Theory, Elsevier, vol. 146(3), pages 1009-1041, May.
    12. Olivier Bargain & Mathias Dolls & Dirk Neumann & Andreas Peichl & Sebastian Siegloch, 2014. "Comparing inequality aversion across countries when labor supply responses differ," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 21(5), pages 845-873, October.
    13. Ales, Laurence & Maziero, Pricila & Yared, Pierre, 2014. "A theory of political and economic cycles," Journal of Economic Theory, Elsevier, vol. 153(C), pages 224-251.
    14. Simeon Alder & Guillermo Ordonez, 2016. "Deceptive Redistribution," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 22, pages 223-239, October.
    15. Mikhail Golosov & Luigi Iovino, 2014. "Social Insurance, Information Revelation, and Lack of Commitment," NBER Working Papers 20633, National Bureau of Economic Research, Inc.
    16. Jenny Simon, 2014. "Imperfect Financial Markets as a Commitment Device for the Government," CESifo Working Paper Series 4902, CESifo.
    17. Gerardi, Dino, 2018. "Dynamic Contracting with Limited Commitment and the Ratchet Effect," CEPR Discussion Papers 12699, C.E.P.R. Discussion Papers.
    18. Opp, Marcus M., 2012. "Expropriation risk and technology," Journal of Financial Economics, Elsevier, vol. 103(1), pages 113-129.
    19. Bierbrauer, Felix J. & Boyer, Pierre C., 2013. "Political competition and Mirrleesian income taxation: A first pass," Journal of Public Economics, Elsevier, vol. 103(C), pages 1-14.
    20. Nicola Pavoni & Christopher Sleet & Matthias Messner, 2014. "The Dual Approach to Recursive Optimization: Theory and Examples," 2014 Meeting Papers 1267, Society for Economic Dynamics.
    21. Jenny Simon, 2014. "The Role of Imperfect Financial Markets for Social Redistribution," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 11(04), pages 32-37, January.
    22. Jenny Simon, 2011. "Financial Markets as a Commitment Device for the Government," 2011 Meeting Papers 447, Society for Economic Dynamics.
    23. Micael Castanheira & Gaëtan Nicodème & Paola Profeta, 2012. "On the political economics of tax reforms: survey and empirical assessment," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 19(4), pages 598-624, August.
    24. Dai, Darong, 2013. "Cooperative economic growth," Economic Modelling, Elsevier, vol. 33(C), pages 407-415.
    25. Dai, Darong, 2012. "Comparative Studies on Cooperative Stochastic Differential Game and Dynamic Sequential Game of Economic Maturity," MPRA Paper 44339, University Library of Munich, Germany.
    26. Faíña, Andrés & López-Rodríguez, Jesús & Varela-Candamio, Laura, 2013. "Reinterpreting the Frisch parameter in the field of personal taxation: A link between taxable capacity and social marginal utility in Optimal Taxation," Economics Letters, Elsevier, vol. 118(1), pages 81-83.
    27. Lopez-Rodriguez, David, 2011. "The scope of political redistribution with proportional income taxation," MPRA Paper 44150, University Library of Munich, Germany, revised 2012.
    28. Messner Matthias & Pavoni Nicola & Sleet Christopher, "undated". "On the Dual Approach to Recursive Optimization," GSIA Working Papers 2012-E12, Carnegie Mellon University, Tepper School of Business.
    29. Justin Yifu Lin & Wei Wang & Venite Zhaoyang Xu, 2021. "Catch‐up industrial policy and economic transition in China," The World Economy, Wiley Blackwell, vol. 44(3), pages 602-632, March.
    30. Darong Dai, 2020. "Voting over selfishly optimal tax schedules: Can Pigouvian tax redistribute income?," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 22(5), pages 1660-1686, September.
    31. Kim, Sang-Hyun, 2016. "On the optimal social contract: Agency costs of self-government," Journal of Comparative Economics, Elsevier, vol. 44(4), pages 982-1001.
    32. Picard, Pierre M. & Worrall, Tim, 2014. "Is a Policy of Free Movement of Workers Sustainable?," IZA Discussion Papers 8035, IZA Network @ LISER.
    33. Simon Berset & Martin Huber & Mark Schelker, 2023. "The fiscal response to revenue shocks," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 30(3), pages 814-848, June.

  23. Emmanuel Farhi & Mikhail Golosov & Aleh Tsyvinski, 2009. "A Theory of Liquidity and Regulation of Financial Intermediation," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 76(3), pages 973-992.
    See citations under working paper version above.
  24. Daron Acemoglu & Michael Golosov & Aleh Tsyvinski, 2008. "Political Economy of Mechanisms," Econometrica, Econometric Society, vol. 76(3), pages 619-641, May.
    See citations under working paper version above.
  25. Acemoglu, Daron & Golosov, Mikhail & Tsyvinski, Aleh, 2008. "Markets versus governments," Journal of Monetary Economics, Elsevier, vol. 55(1), pages 159-189, January.

    Cited by:

    1. Mikhail Golosov & Maxim Troshkin & Aleh Tsyvinski, 2011. "Optimal Dynamic Taxes," NBER Working Papers 17642, National Bureau of Economic Research, Inc.
    2. Panagiotis Chronis & Aspassia Strantzalou, 2008. "Monetary and Fiscal Policy Interaction: What is the Role of the Transaction Cost of the Tax System in Stabilisation Policies?," Working Papers 71, Bank of Greece.
    3. Alesina, A. & Passalacqua, A., 2016. "The Political Economy of Government Debt," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 2599-2651, Elsevier.
    4. Fu, Tong & Jian, Ze, 2021. "Corruption pays off: How environmental regulations promote corporate innovation in a developing country," Ecological Economics, Elsevier, vol. 183(C).
    5. Grechyna, Daryna, 2017. "Public Policy Against Political Frictions," MPRA Paper 76396, University Library of Munich, Germany.
    6. Bierbrauer Felix J., 2016. "Effizienz oder Gerechtigkeit?: Ungleiche Einkommen, ungleiche Vermögen und Optimale Steuern," Perspektiven der Wirtschaftspolitik, De Gruyter, vol. 17(1), pages 2-24, April.
    7. Daron Acemoglu & Michael Golosov & Aleh Tsyvinski, 2009. "Power Fluctuations and Political Economy," EIEF Working Papers Series 0911, Einaudi Institute for Economics and Finance (EIEF), revised Sep 2009.
    8. Shao-nan Shan & Xia Duan & Ting-ting Zhang & Yi Zhang & He Wang, 2021. "The impact of environmental benefits and institutional trust on residents’ willingness to participate in municipal solid waste treatment: a case study in Beijing, China [Burn or bury? A social cost comparison of final waste disposal methods]," International Journal of Low-Carbon Technologies, Oxford University Press, vol. 16(4), pages 1170-1186.
    9. Barseghyan, Levon & Battaglini, Marco & Coate, Stephen, 2013. "Fiscal policy over the real business cycle: A positive theory," Journal of Economic Theory, Elsevier, vol. 148(6), pages 2223-2265.
    10. Felix Bierbrauer, 2016. "Effizienz oder Gerechtigkeit? Ungleiche Einkommen, ungleiche Vermögen und die Theorie der optimalen Besteuerung," Discussion Paper Series of the Max Planck Institute for Behavioral Economics 2016_03, Max Planck Institute for Behavioral Economics.
    11. Áron Tóbiás, 2015. "Income Redistribution in Open Economies," CESifo Working Paper Series 5378, CESifo.
    12. Reynaldo Senra Hodelin, 2022. "A Schumpeterian growth model on the effect of development banking on growth," Economic Change and Restructuring, Springer, vol. 55(2), pages 607-634, May.
    13. Hodler, Roland, 2009. "Industrial policy in an imperfect world," Journal of Development Economics, Elsevier, vol. 90(1), pages 85-93, September.
    14. Ricardo J. Caballero & Pierre Yared, 2008. "Future Rent-Seeking and Current Public Savings," NBER Working Papers 14417, National Bureau of Economic Research, Inc.
    15. Thorsten Koeppl & Cyril Monnet & Erwan Quintin, 2008. "The poor, the rich and the enforcer: institutional choice and growth," Working Papers 0801, Federal Reserve Bank of Dallas.
    16. Philippon, Thomas & Skreta, Vasiliki, 2010. "Optimal Interventions in Markets with Adverse Selection," CEPR Discussion Papers 7737, C.E.P.R. Discussion Papers.
    17. Felix Bierbrauer, 2009. "On the Legitimacy of Coercion for the Financing of Public Goods," CESifo Working Paper Series 2663, CESifo.
    18. Tóbiás, Áron, 2016. "Income redistribution in open economies," Journal of Public Economics, Elsevier, vol. 134(C), pages 19-34.
    19. Huang, Hongyun & Wang, Fengrong & Song, Malin & Balezentis, Tomas & Streimikiene, Dalia, 2021. "Green innovations for sustainable development of China: Analysis based on the nested spatial panel models," Technology in Society, Elsevier, vol. 65(C).
    20. Felix Bierbrauer, 2009. "On the legitimacy of coercion for the financing of public goods," Discussion Paper Series of the Max Planck Institute for Behavioral Economics 2009_15, Max Planck Institute for Behavioral Economics.
    21. Felix Bierbrauer, 2009. "On the Legitimacy of Coercion for the Financing of Public Goods," Working Papers 2009.98, Fondazione Eni Enrico Mattei.
    22. Yiqing Xing & Anqi Li, 2014. "Simple Labor Income Tax Systems with Endogenous Employment Contracts," 2014 Meeting Papers 866, Society for Economic Dynamics.
    23. Bierbrauer, Felix, 2009. "On the legitimacy of coercion for the nancing of public goods," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 265, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    24. Grechyna, Daryna, 2016. "Political frictions and public policy outcomes," Journal of Comparative Economics, Elsevier, vol. 44(3), pages 484-495.
    25. Berliant, Marcus & Ledyard, John, 2011. "Optimal Dynamic Nonlinear Income Taxes with No Commitment," MPRA Paper 31749, University Library of Munich, Germany.
    26. Thorsten Koeppl & Cyril Monnet & Erwan Quintin, 2008. "Efficient institutions," Working Papers 08-33, Federal Reserve Bank of Philadelphia.
    27. Justin Yifu Lin & Wei Wang & Venite Zhaoyang Xu, 2021. "Catch‐up industrial policy and economic transition in China," The World Economy, Wiley Blackwell, vol. 44(3), pages 602-632, March.
    28. Sigrid Röhrs & Christoph Winter, 2011. "Wealth inequality and the optimal level of government debt," ECON - Working Papers 051, Department of Economics - University of Zurich.
    29. Yan Zhang & Ziyuan Sun & Anqi Sheng & Longyu Zhang & Yiwen Kan, 2024. "Can green technology mergers and acquisitions enhance sustainable development? Evidence from ESG ratings," Sustainable Development, John Wiley & Sons, Ltd., vol. 32(6), pages 6072-6087, December.
    30. Brett, Craig & Weymark, John A., 2017. "Voting over selfishly optimal nonlinear income tax schedules," Games and Economic Behavior, Elsevier, vol. 101(C), pages 172-188.
    31. Felix Bierbrauer, 2009. "Optimal Income Taxation and Public Goods Provision in a Large Economy with Aggregate Uncertainty," CESifo Working Paper Series 2701, CESifo.
    32. Grechyna, Daryna, 2015. "Quantifying the Impact of Political Frictions on Public Policy," MPRA Paper 65266, University Library of Munich, Germany.

  26. Daron Acemoglu & Mikhail Golosov & Aleh Tsyvinski, 2008. "Political Economy of Intermediate Goods Taxation," Journal of the European Economic Association, MIT Press, vol. 6(2-3), pages 353-366, 04-05.

    Cited by:

    1. Fernández-Amador, Octavio & Francois, Joseph F. & Tomberger, Patrick, 2016. "Carbon dioxide emissions and international trade at the turn of the millennium," Ecological Economics, Elsevier, vol. 125(C), pages 14-26.
    2. Justin Yifu Lin & Wei Wang & Venite Zhaoyang Xu, 2021. "Catch‐up industrial policy and economic transition in China," The World Economy, Wiley Blackwell, vol. 44(3), pages 602-632, March.

  27. Mikhail Golosov & Aleh Tsyvinski, 2007. "Optimal Taxation with Endogenous Insurance Markets," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 122(2), pages 487-534.
    See citations under working paper version above.
  28. Mikhail Golosov & Robert E. Lucas Jr., 2007. "Menu Costs and Phillips Curves," Journal of Political Economy, University of Chicago Press, vol. 115(2), pages 171-199.
    See citations under working paper version above.
  29. Mikhail Golosov & Larry E. Jones & Michèle Tertilt, 2007. "Efficiency with Endogenous Population Growth," Econometrica, Econometric Society, vol. 75(4), pages 1039-1071, July.
    See citations under working paper version above.
  30. Mikhail Golosov & Aleh Tsyvinski, 2006. "Designing Optimal Disability Insurance: A Case for Asset Testing," Journal of Political Economy, University of Chicago Press, vol. 114(2), pages 257-279, April.
    See citations under working paper version above.
  31. Mikhail Golosov & Narayana Kocherlakota & Aleh Tsyvinski, 2003. "Optimal Indirect and Capital Taxation," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 70(3), pages 569-587.
    See citations under working paper version above.

Chapters

  1. Golosov, M. & Tsyvinski, A. & Werquin, N., 2016. "Recursive Contracts and Endogenously Incomplete Markets," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 725-841, Elsevier.
    See citations under working paper version above.
  2. Mikhail Golosov & Aleh Tsyvinski & Iván Werning, 2007. "New Dynamic Public Finance: A User's Guide," NBER Chapters, in: NBER Macroeconomics Annual 2006, Volume 21, pages 317-388, National Bureau of Economic Research, Inc.

    Cited by:

    1. Borys Grochulski & Narayana Kocherlakota, 2007. "Nonseparable Preferences and Optimal Social Security Systems," NBER Working Papers 13362, National Bureau of Economic Research, Inc.
    2. Lance Lochner & Alexander Monge-Naranjo, 2015. "Student Loans and Repayment: Theory, Evidence and Policy," Working Paper series 15-11, Rimini Centre for Economic Analysis.
    3. Gorry, Aspen & Oberfield, Ezra, 2010. "Optimal Taxation over the Life Cycle," MPRA Paper 25297, University Library of Munich, Germany.
    4. Alexander K. Karaivanov & Fernando M. Martin, 2011. "Markov-Perfect Risk Sharing, Moral Hazard and Limited Commitment," Working Papers 2011-030, Federal Reserve Bank of St. Louis.
    5. Laurence Ales & Pricila Maziero, 2008. "Accounting for private information," Working Papers 663, Federal Reserve Bank of Minneapolis.
    6. Florian Scheuer, 2013. "Optimal Asset Taxes in Financial Markets with Aggregate Uncertainty," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 16(3), pages 405-420, July.
    7. Mikhail Golosov & Maxim Troshkin & Aleh Tsyvinski & Matthew Weinzierl, 2010. "Preference Heterogeneity and Optimal Capital Income Taxation," NBER Working Papers 16619, National Bureau of Economic Research, Inc.
    8. Johann K. Brunner & Susanne Pech, 2010. "Optimum Taxation of Bequests in a Model with Initial Wealth," CESifo Working Paper Series 2977, CESifo.
    9. Florian Scheuer & Joel Slemrod, 2020. "Taxing Our Wealth," NBER Working Papers 28150, National Bureau of Economic Research, Inc.
    10. Janet Currie & Firouz Gahvari, 2007. "Transfers in Cash and In Kind: Theory Meets the Data," NBER Working Papers 13557, National Bureau of Economic Research, Inc.
    11. Charles Brendon, 2011. "Applying perturbation analysis to dynamic optimal tax problems," Economics Series Working Papers 581, University of Oxford, Department of Economics.
    12. Basu, Parantap & Semenov, Andrei & Wada, Kenji, 2009. "Uninsurable Risk and Financial Market Puzzles," MPRA Paper 23351, University Library of Munich, Germany.
    13. Mathias Trabandt, 2007. "Optimal Pre-Announced Tax Reform Revisited," Economics Working Papers ECO2007/52, European University Institute.
    14. Peter A. Diamond, 2009. "Taxes and Pensions," CESifo Working Paper Series 2636, CESifo.
    15. Johann K. Brunner, 2010. "Die Erbschaftssteuer im Modell der optimalen Besteuerung," NRN working papers 2010-18, The Austrian Center for Labor Economics and the Analysis of the Welfare State, Johannes Kepler University Linz, Austria.
    16. Perri, Fabrizio & Krueger, Dirk, 2010. "Public versus Private Risk Sharing," CEPR Discussion Papers 7625, C.E.P.R. Discussion Papers.
    17. Michael Carlos Best & Henrik Jacobsen Jacobsen, 2013. "Optimal Income Taxation with Career Effects of Work Effort," Working Papers 2013-9, Princeton University. Economics Department..
    18. Craig Brett & John A. Weymark, 2005. "Optimal Nonlinear Taxation of Income and Savings in a Two Class Economy," Vanderbilt University Department of Economics Working Papers 0525, Vanderbilt University Department of Economics.
    19. Jang-Ting Guo & Alan Krause, "undated". "Dynamic Nonlinear Income Taxation with Quasi-Hyperbolic Discounting and No Commitment," Discussion Papers 11/16, Department of Economics, University of York.
    20. Mark Huggett (Georgetown University) and Juan Carlos Parra (Georgetown University), 2005. "Quantifying the Inefficiency of the US Social Insurance System," Working Papers gueconwpa~05-05-16, Georgetown University, Department of Economics.
    21. Robin Boadway, 2017. "Second-Best Theory: Ageing well at Sixty," Pacific Economic Review, Wiley Blackwell, vol. 22(2), pages 249-270, May.
    22. N. Gregory Mankiw & Matthew Weinzierl & Danny Yagan, 2009. "Optimal Taxation in Theory and Practice," Journal of Economic Perspectives, American Economic Association, vol. 23(4), pages 147-174, Fall.
    23. Philippon, Thomas & Skreta, Vasiliki, 2010. "Optimal Interventions in Markets with Adverse Selection," CEPR Discussion Papers 7737, C.E.P.R. Discussion Papers.
    24. Emmanuel Farhi & Ivan Werning, 2006. "Progressive Estate Taxation," NBER Working Papers 12600, National Bureau of Economic Research, Inc.
    25. Alan Krause, 2008. "Optimal Nonlinear Income Taxation with Learning-by-Doing," Discussion Papers 08/08, Department of Economics, University of York.
    26. Yang, Hongyan, 2018. "Income redistribution and public goods provision under tax competition," Journal of Urban Economics, Elsevier, vol. 104(C), pages 94-103.
    27. Mark Huggett & Juan Carols Parra, 2006. "How Well Does the US Social Insurance System Provide Social Insurance?," Working Papers gueconwpa~06-06-11, Georgetown University, Department of Economics.
    28. Marcelo Veracierto, 2015. "Adverse Selection, Risk Sharing and Business Cycles," 2015 Meeting Papers 232, Society for Economic Dynamics.
    29. Spencer Bastani & Daniel Waldenström, 2020. "How Should Capital Be Taxed?," Journal of Economic Surveys, Wiley Blackwell, vol. 34(4), pages 812-846, September.
    30. Veracierto, Marcelo, 2021. "Business cycle fluctuations in Mirrlees economies: The case of i.i.d. shocks," Journal of Economic Theory, Elsevier, vol. 196(C).
    31. Daron Acemoglu & Mikhail Golosov & Aleh Tsyvinski, 2007. "Political Economy of Mechanisms," Levine's Bibliography 321307000000000886, UCLA Department of Economics.
    32. Been-Lo Chen & Fei-Chi Liang, 2024. "Optimal Taxation in the Life Cycle with Human Capital Investment," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 52, pages 21-45, April.
    33. Philip Arestis & Alexander Mihailov, 2008. "Classifying Monetary Economics: Fields and Methods from Past to Future," Economics Discussion Papers em-dp2008-64, Department of Economics, University of Reading.
    34. Robin Boadway & Motohiro Sato, 2015. "Optimal Income Taxation with Risky Earnings: A Synthesis," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 17(6), pages 773-801, December.
    35. Bas Jacobs & A. Bovenberg, 2010. "Human capital and optimal positive taxation of capital income," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 17(5), pages 451-478, October.
    36. Daron Acemoglu & Michael Golosov & Aleh Tsyvinski, 2008. "Political Economy of Ramsey Taxation," Levine's Working Paper Archive 122247000000002192, David K. Levine.
    37. Bas Jacobs & Dirk Schindler, 2009. "On the Desirability of Taxing Capital Income to Reduce Moral Hazard in Social Insurance," CESifo Working Paper Series 2806, CESifo.
    38. Anna, BATYRA & Henri R., SNEESSENS, 2007. "Selective Reductions in Labour Taxation : Labour Market Adjustments and Macroeconomic Performance," Discussion Papers (ECON - Département des Sciences Economiques) 2007001, Université catholique de Louvain, Département des Sciences Economiques.
    39. Costa, Carlos Eugênio da & Luz, Vitor Farinha, 2010. "The private memory of aggregate shocks," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 706, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    40. Dan Anderberg, 2008. "Optimal Policy and the Risk Properties of Human Capital Reconsidered," CESifo Working Paper Series 2451, CESifo.
    41. Valdivia, Daney & Loayza, Lilian, 2012. "Analizando la determinación de impuesto a la renta y sus efectos sobre el crecimiento de la economía boliviana [On the determination of income tax and its effects on the economic growth in Bolivia]," MPRA Paper 37211, University Library of Munich, Germany.
    42. Daniel R. Carroll & Eric R. Young, 2009. "The Stationary Distribution of Wealth under Progressive Taxation," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 12(3), pages 469-478, July.
    43. Craig Brett & John Weymark, 2008. "Optimal Nonlinear Taxation of Income and Savings without Commitment," Vanderbilt University Department of Economics Working Papers 0805, Vanderbilt University Department of Economics.
    44. Mikhail Golosov & Aleh Tsyvinsky & Matthew Weinzierl, 2010. "Preference Heterogeneity and Optimal Capital Taxation," STICERD - Public Economics Programme Discussion Papers 07, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
    45. Bas Jacobs & Dirk Schindler & Hongyan Yang, 2009. "Optimal Taxation of Risky Human Capital," CESifo Working Paper Series 2529, CESifo.
    46. Emmanuel Farhi & Mikhail Golosov & Aleh Tsyvinski, 2007. "A Theory of Liquidity and Regulation of Financial Intermediation," NBER Working Papers 12959, National Bureau of Economic Research, Inc.

IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.