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Lawrence H. Summers

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. Olivier J. Blanchard & Lawrence H. Summers, 1986. "Hysteresis and the European Unemployment Problem," NBER Working Papers 1950, National Bureau of Economic Research, Inc.

    Mentioned in:

    1. High Unemployment
      by Inaki Villanueva in Applied economist on 2012-06-23 16:39:00
  2. De Long, James Bradford & Summers, Lawrence H, 1986. "Is Increased Price Flexibility Stabilizing?," American Economic Review, American Economic Association, vol. 76(5), pages 1031-1044, December.

    Mentioned in:

    1. Comment la consommation réagit-elle à la déflation ?
      by Martin Anota in D'un champ l'autre on 2015-03-03 03:30:23
    2. Mainstream e teorie economiche critiche. Intervista ad Emiliano Brancaccio sul suo nuovo libro “Anti-Blanchard”
      by keynesblog in Keynes Blog on 2012-07-09 13:42:16
  3. Gauti B. Eggertsson & Ragnar E. Juelsrud & Lawrence H. Summers & Ella Getz Wold, 2019. "Negative Nominal Interest Rates and the Bank Lending Channel," NBER Working Papers 25416, National Bureau of Economic Research, Inc.

    Mentioned in:

    1. Negative Nominal Interest Rates: A Primer
      by Steve Cecchetti and Kim Schoenholtz in Money, Banking and Financial Markets on 2019-12-02 13:10:33
  4. Pritchett, Lant & Summers, Lawrence H., 1993. "Wealthier is healthier," Policy Research Working Paper Series 1150, The World Bank.

    Mentioned in:

    1. Health effects of non-health programs
      by Berk Ozler in Development Impact on 2012-07-12 08:29:03
    2. Would you rather be poor in a rich(er) country or rich in a poorer country?
      by Andy Sumner in Global Dashboard on 2011-06-10 15:09:41
  5. Cukierman, Alex & Kalaitzidakis, Pantelis & Summers, Lawrence H. & Webb, Steven B., 1993. "Central bank independence, growth, investment, and real rates," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 39(1), pages 95-140, December.

    Mentioned in:

    1. Central Bank Independence, Transparency, and Accountability
      by Guest Author in the big picture on 2010-05-31 17:30:15
  6. Blanchard, Olivier J. & Summers, Lawrence H., 1987. "Hysteresis in unemployment," European Economic Review, Elsevier, vol. 31(1-2), pages 288-295.

    Mentioned in:

    1. Quel est l'impact de la Grande Récession sur la production potentielle ?
      by ? in D'un champ l'autre on 2014-06-11 00:16:00
  7. David M. Cutler & Lawrence H. Summers, 1987. "The Costs of Conflict Resolution and Financial Distress: Evidence from the Texaco-Pennzoil Litigation," NBER Working Papers 2418, National Bureau of Economic Research, Inc.

    Mentioned in:

    1. CDS zero net supply
      by Robert in angry bear on 2008-11-07 05:44:00
  8. Lawrence H Summers, 2014. "U.S. Economic Prospects: Secular Stagnation, Hysteresis, and the Zero Lower Bound," Business Economics, Palgrave Macmillan;National Association for Business Economics, vol. 49(2), pages 65-73, April.

    Mentioned in:

    1. A Simple Guide to "Secular Stagnation"
      by Stephen G. Cecchetti in Huffington Post Business on 2015-04-07 14:22:44
    2. A Simple Guide to "Secular Stagnation"
      by Steve Cecchetti and Kim Schoenholtz in Money, Banking and Financial Markets on 2015-03-23 18:00:33
    3. Financial Crisis: The Endgame
      by Steve Cecchetti and Kim Schoenholtz in Money, Banking and Financial Markets on 2018-09-03 12:25:40
  9. Alesina, Alberto & Summers, Lawrence H, 1993. "Central Bank Independence and Macroeconomic Performance: Some Comparative Evidence," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 25(2), pages 151-162, May.

    Mentioned in:

    1. Centralbanksranking
      by Martin Flodén in Ekonomistas on 2009-04-01 10:30:03
    2. 'A Century of U.S. Central Banking: Goals, Frameworks, Accountability'
      by Mark Thoma in Economist's View on 2013-07-10 18:48:26
    3. Central Bank Independence, Transparency, and Accountability
      by Guest Author in the big picture on 2010-05-31 17:30:15
    4. The Congressional Reserve Board: A Really Bad Idea
      by Steve Cecchetti and Kim Schoenholtz in Money, Banking and Financial Markets on 2015-02-16 19:04:03
  10. Chris Carroll & Lawrence H. Summers, 1989. "Consumption Growth Parallels Income Growth: Some New Evidence," NBER Working Papers 3090, National Bureau of Economic Research, Inc.

    Mentioned in:

    1. Financial Regulation Is Good — But Consumer Financial Protection Is Better
      by Mike Derham in the progressive fix on 2010-02-26 01:52:55
    2. Performing Consumption Smoothing
      by Mike in Rortybomb on 2009-05-30 00:01:10
    3. Thinking Clearly about Inequality
      by Mike in Rortybomb on 2009-07-20 20:17:19
  11. J. Bradford De Long & Lawrence H. Summers, 1985. "Is Increased Price Flexibility Stabilizing?," NBER Working Papers 1686, National Bureau of Economic Research, Inc.

    Mentioned in:

    1. Comment la consommation réagit-elle à la déflation ?
      by Martin Anota in D'un champ l'autre on 2015-03-03 03:30:23
    2. Mainstream e teorie economiche critiche. Intervista ad Emiliano Brancaccio sul suo nuovo libro “Anti-Blanchard”
      by keynesblog in Keynes Blog on 2012-07-09 13:42:16
  12. De Long, J Bradford & Andrei Shleifer & Lawrence H. Summers & Robert J. Waldmann, 1990. "Noise Trader Risk in Financial Markets," Journal of Political Economy, University of Chicago Press, vol. 98(4), pages 703-738, August.

    Mentioned in:

    1. Twitter peut-il prédire l’évolution des marchés financiers ?
      by Thomas Renault in Contrepoints on 2015-08-02 10:00:12
    2. Twitter peut-il prédire l’évolution des marchés financiers ?
      by Thomas Renault in Contrepoints on 2022-09-17 02:40:12
  13. James M. Poterba & Lawrence H. Summers, 1987. "Mean Reversion in Stock Prices: Evidence and Implications," NBER Working Papers 2343, National Bureau of Economic Research, Inc.

    Mentioned in:

    1. Mean Reversion Redux
      by quantivity in Quantivity on 2011-07-03 13:38:21
  14. N. Gregory Mankiw & Julio J. Rotemberg & Lawrence H. Summers, 1985. "Intertemporal Substitution in Macroeconomics," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 100(1), pages 225-251.

    Mentioned in:

    1. Heterogeneity is crucial for business cycle models
      by Economic Logician in Economic Logic on 2009-01-27 16:22:00
  15. Lant Pritchett & Lawrence H. Summers, 2013. "Asia-phoria meet regression to the mean," Proceedings, Federal Reserve Bank of San Francisco, issue Nov, pages 1-35.

    Mentioned in:

    1. L'inévitable déclin des géants asiatiques
      by ? in D'un champ l'autre on 2014-10-15 02:42:00
    2. China: Mao Strikes Back
      by Steve Cecchetti and Kim Schoenholtz in Money, Banking and Financial Markets on 2019-01-28 14:10:43
  16. Easterly, William & Kremer, Michael & Pritchett, Lant & Summers, Lawrence H., 1993. "Good policy or good luck?: Country growth performance and temporary shocks," Journal of Monetary Economics, Elsevier, vol. 32(3), pages 459-483, December.

    Mentioned in:

    1. Cet inébranlable optimisme des prévisions de croissance
      by ? in D'un champ l'autre on 2014-07-08 22:00:00
    2. L'inévitable déclin des géants asiatiques
      by ? in D'un champ l'autre on 2014-10-15 02:42:00
    3. Les pays émergents sont-ils promis à une trappe à revenu intermédiaire ?
      by ? in D'un champ l'autre on 2014-12-09 01:27:00
  17. Benjamin A. Austin & Edward L. Glaeser & Lawrence H. Summers, 2018. "Jobs for the Heartland: Place-Based Policies in 21st Century America," NBER Working Papers 24548, National Bureau of Economic Research, Inc.

    Mentioned in:

    1. Tribalism, Terranism, and Technology: The Pitfalls and Promises of Globalization
      by Jason Barr in Skynomics Blog on 2018-10-19 12:14:07
    2. Star Trek and the Economics of the Future (Part I): Tribalism versus Terranism
      by Jason Barr in Skynomics Blog on 2018-11-26 12:46:53
  18. Lawrence H. Summers, 2000. "International Financial Crises: Causes, Prevention, and Cures," American Economic Review, American Economic Association, vol. 90(2), pages 1-16, May.

    Mentioned in:

    1. Larry Summers on Preventing and Fighting Financial Crises
      by James Kwak in the baseline scenario on 2009-08-26 20:08:50
  19. Lant Pritchett & Lawrence H. Summers, 2014. "Asiaphoria Meets Regression to the Mean," NBER Working Papers 20573, National Bureau of Economic Research, Inc.

    Mentioned in:

    1. L'inévitable déclin des géants asiatiques
      by ? in D'un champ l'autre on 2014-10-15 02:42:00
    2. China: Mao Strikes Back
      by Steve Cecchetti and Kim Schoenholtz in Money, Banking and Financial Markets on 2019-01-28 14:10:43
  20. Shleifer, Andrei & Summers, Lawrence H, 1990. "The Noise Trader Approach to Finance," Journal of Economic Perspectives, American Economic Association, vol. 4(2), pages 19-33, Spring.

    Mentioned in:

    1. China's stock market boom and bust
      by Steve Cecchetti and Kim Schoenholtz in Money, Banking and Financial Markets on 2015-07-06 16:23:21
  21. J. Bradford De Long & Andrei Shleifer & Lawrence H. Summers & Robert J. Waldmann, 1989. "The Size and Incidence of the Losses from Noise Trading," NBER Working Papers 2875, National Bureau of Economic Research, Inc.

    Mentioned in:

    1. The Ambiguity of Stock Value
      by Guest Author in the big picture on 2010-12-28 20:30:00
    2. Why It's So Difficult To Call The Market Top
      by Tyler Durden in Zero Hedge on 2017-06-29 17:23:39
  22. Author Profile
    1. Još o kandidatima za Nobel
      by cronomy in Cronomy on 2008-10-05 11:44:03
    2. Ranking of Economists, by # of Twitter Followers
      by Doug Campbell in Douglas L. Campbell on 2017-03-05 11:13:00
    3. Peer Group as of April 2015
      by Matthew Kahn in Environmental and Urban Economics on 2015-05-03 19:55:00
    4. A Defense of Larry Summers
      by Adam Ozimek in Modeled Behavior on 2010-10-31 00:10:00
    5. Hawks, Doves, and Hyenas
      by Stephen Williamson in Stephen Williamson: New Monetarist Economics on 2013-08-02 18:16:00

RePEc Biblio mentions

As found on the RePEc Biblio, the curated bibliography of Economics:
  1. Ahluwalia, Montek Singh & Summers, Lawrence & Velasco, Andres & Birdsall, Nancy & Morris, Scott, 2016. "Multilateral development banking for this century’s development challenges: five recommendations to shareholders of the old and new multilateral development banks," LSE Research Online Documents on Economics 102432, London School of Economics and Political Science, LSE Library.

    Mentioned in:

    1. > Economics of Welfare > Health Economics > Economics of Pandemics > Policy responses > Macroeconomic
  2. Victoria Y. Fan & Dean T. Jamison & Lawrence H. Summers, 2016. "The Inclusive Cost of Pandemic Influenza Risk," NBER Working Papers 22137, National Bureau of Economic Research, Inc.

    Mentioned in:

    1. > Economics of Welfare > Health Economics > Economics of Pandemics

Wikipedia or ReplicationWiki mentions

(Only mentions on Wikipedia that link back to a page on a RePEc service)
  1. James M. Poterba & Lawrence H. Summers, 1984. "The Persistence of Volatility and Stock Market Fluctuations," Working papers 353, Massachusetts Institute of Technology (MIT), Department of Economics.

    Mentioned in:

    1. James M. Poterba in Wikipedia (German)
  2. Easterly, William & Kremer, Michael & Pritchett, Lant & Summers, Lawrence H., 1993. "Good policy or good luck?: Country growth performance and temporary shocks," Journal of Monetary Economics, Elsevier, vol. 32(3), pages 459-483, December.

    Mentioned in:

    1. Good policy or good luck? Country growth performance and temporary shocks (JME 1993) in ReplicationWiki ()
  3. Bernheim, B Douglas & Shleifer, Andrei & Summers, Lawrence H, 1985. "The Strategic Bequest Motive," Journal of Political Economy, University of Chicago Press, vol. 93(6), pages 1045-1076, December.

    Mentioned in:

    1. The Strategic Bequest Motive (JPE 1985) in ReplicationWiki ()
  4. J. Bradford De Long & Lawrence H. Summers, 1991. "Equipment Investment and Economic Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 106(2), pages 445-502.

    Mentioned in:

    1. Equipment Investment and Economic Growth (QJE 1991) in ReplicationWiki ()
  5. James M. Poterba & Lawrence H. Summers, 1987. "Mean Reversion in Stock Prices: Evidence and Implications," NBER Working Papers 2343, National Bureau of Economic Research, Inc.

    Mentioned in:

    1. James M. Poterba in Wikipedia (German)
  6. Cutler, D.M. & Poterba, J.M. & Sheiner, L.M. & Summers, L.H., 1990. "An Aging Society: Opportunity Or Challenge," Working papers 553, Massachusetts Institute of Technology (MIT), Department of Economics.

    Mentioned in:

    1. James M. Poterba in Wikipedia (German)
  7. David H. Cutler & James M. Poterba & Lawrence H. Summers, 1988. "What Moves Stock Prices?," Working papers 487, Massachusetts Institute of Technology (MIT), Department of Economics.

    Mentioned in:

    1. James M. Poterba in Wikipedia (German)
  8. Culter, D.M. & Poterba, J.M. & Summers, L.H., 1990. "Speculative Dynamics," Working papers 544, Massachusetts Institute of Technology (MIT), Department of Economics.

    Mentioned in:

    1. James M. Poterba in Wikipedia (German)

Working papers

  1. Marijn A. Bolhuis & Judd N. L. Cramer & Karl Oskar Schulz & Lawrence H. Summers, 2024. "The Cost of Money is Part of the Cost of Living: New Evidence on the Consumer Sentiment Anomaly," NBER Working Papers 32163, National Bureau of Economic Research, Inc.

    Cited by:

    1. Boysen-Hogrefe, Jens & Groll, Dominik & Hoffmann, Timo & Jannsen, Nils & Kooths, Stefan & Schröder, Christian & Sonnenberg, Nils, 2024. "Deutsche Wirtschaft in Frührjahr 2024: Erholung mit Hindernissen [German Economy in Spring 2024: Recovery with Obstacles]," Kieler Konjunkturberichte 112, Kiel Institute for the World Economy (IfW Kiel).
    2. Boysen-Hogrefe, Jens & Groll, Dominik & Hoffmann, Timo & Jannsen, Nils & Kooths, Stefan & Schröder, Christian & Sonnenberg, Nils, 2024. "Deutsche Wirtschaft im Herbst 2024: Konjunktur stottert in kraftlose Erholung," Kieler Konjunkturberichte 117, Kiel Institute for the World Economy (IfW Kiel).

  2. Marijn A. Bolhuis & Judd N. L. Cramer & Lawrence H. Summers, 2022. "Comparing Past and Present Inflation," NBER Working Papers 30116, National Bureau of Economic Research, Inc.

    Cited by:

    1. Marijn A. Bolhuis & Judd N. L. Cramer & Lawrence H. Summers, 2022. "The Coming Rise in Residential Inflation," NBER Working Papers 29795, National Bureau of Economic Research, Inc.
    2. Alexander Doser & Ricardo Nunes & Nikhil Rao & Viacheslav Sheremirov, 2023. "Inflation expectations and nonlinearities in the Phillips curve," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 38(4), pages 453-471, June.
    3. Ding, Shusheng & Zheng, Dandan & Cui, Tianxiang & Du, Min, 2023. "The oil price-inflation nexus: The exchange rate pass- through effect," Energy Economics, Elsevier, vol. 125(C).
    4. Rafael Wildauer & Karsten Kohler & Adam Aboobaker & Alexander Guschanski, 2023. "Energy Price Shocks, Conflict Inflation, and Income Distribution in a Three-sector Model," Working Papers PKWP2309, Post Keynesian Economics Society (PKES).
    5. Barrero, José María & Bloom, Nicholas & Davis, Steven J. & Meyer, Brent & Mihaylov, Emil, 2022. "The Shift to Remote Work Lessens Wage-Growth Pressures," IZA Discussion Papers 15385, Institute of Labor Economics (IZA).
    6. Laurence M. Ball & Mr. Daniel Leigh & Ms. Prachi Mishra, 2022. "Understanding U.S. Inflation During the COVID Era," IMF Working Papers 2022/208, International Monetary Fund.
    7. Davit Gondauri, 2025. "The Impact of Socio-Economic Challenges and Technological Progress on Economic Inequality: An Estimation with the Perelman Model and Ricci Flow Methods," Papers 2501.00800, arXiv.org.
    8. Pianta, Mario, 2023. "Inflation and distributive conflicts," MPRA Paper 119345, University Library of Munich, Germany.

  3. Marijn A. Bolhuis & Judd N. L. Cramer & Lawrence H. Summers, 2022. "The Coming Rise in Residential Inflation," NBER Working Papers 29795, National Bureau of Economic Research, Inc.

    Cited by:

    1. Kishor, N. Kundan, 2024. "Does Zillow Rent Measure Help Predict CPI Rent Inflation?," MPRA Paper 120818, University Library of Munich, Germany.
    2. David Stoneman & John V. Duca, 2024. "Using deep (machine) learning to forecast US inflation in the COVID‐19 era," Journal of Forecasting, John Wiley & Sons, Ltd., vol. 43(4), pages 894-902, July.
    3. Gern, Klaus-Jürgen & Reents, Jan & Kooths, Stefan & Sonnenberg, Nils & Stolzenburg, Ulrich, 2023. "Weltwirtschaft im Winter 2023: Konjunkturelle Dynamik bleibt vorerst gering [World Economy in Winter 2023: Strong headwinds for global economic activity]," Kieler Konjunkturberichte 109, Kiel Institute for the World Economy (IfW Kiel).
    4. Marijn A Bolhuis & Judd N L Cramer & Lawrence H Summers, 2022. "Comparing Past and Present Inflation [Supply and demand in disaggregated Keynesian economies with an application to the covid-19 crisis]," Review of Finance, European Finance Association, vol. 26(5), pages 1073-1100.
    5. Gern, Klaus-Jürgen & Kooths, Stefan & Sonnenberg, Nils & Reents, Jan & Stolzenburg, Ulrich, 2023. "World Economy Winter 2023: Strong headwinds for global economic activity," Kiel Institute Economic Outlook 109, Kiel Institute for the World Economy (IfW Kiel).

  4. Olivier J Blanchard & Alex Domash & Lawrence H. Summers, 2022. "Bad news for the Fed from the Beveridge space," Policy Briefs PB22-7, Peterson Institute for International Economics.

    Cited by:

    1. Cardani, Roberta & Pfeiffer, Philipp & Ratto, Marco & Vogel, Lukas, 2023. "The COVID-19 recession on both sides of the Atlantic: A model-based comparison," European Economic Review, Elsevier, vol. 158(C).
    2. Michael D. Bordo & John V. Duca, 2023. "Broad Divisia Money and the Recovery of U.S. Nominal GDP from the COVID-19 Recession," Working Papers 319, Princeton University, Department of Economics, Center for Economic Policy Studies..
    3. Christopher J. Waller, 2023. "The Unstable Phillips Curve: a speech at the Macroeconomics and Monetary Policy, a conference sponsored by the Federal Reserve Bank of San Francisco, San Francisco, California, March 31, 2023," Speech 95912, Board of Governors of the Federal Reserve System (U.S.).
    4. Crump, Richard K. & Eusepi, Stefano & Giannoni, Marc & Şahin, Ayşegül, 2024. "The unemployment–inflation trade-off revisited: The Phillips curve in COVID times," Journal of Monetary Economics, Elsevier, vol. 145(S).
    5. Guénette, Justin Damien & Kose, M. Ayhan & Sugawara, Naotaka, 2022. "Is a Global Recession Imminent?," MPRA Paper 114627, University Library of Munich, Germany.
    6. Randal J. Verbrugge & Saeed Zaman, 2023. "The Hard Road to a Soft Landing: Evidence from a (Modestly) Nonlinear Structural Model," Working Papers 23-03, Federal Reserve Bank of Cleveland.
    7. Michael D. Bordo & John V. Duca, 2025. "Money Matters: Broad Divisia Money and the Recovery of the US Nominal GDP From the COVID‐19 Recession," Journal of Forecasting, John Wiley & Sons, Ltd., vol. 44(3), pages 1071-1096, April.
    8. Fortin, Pierre, 2024. "Does immigration help alleviate economy-wide labour shortages?," CLEF Working Paper Series 70, Canadian Labour Economics Forum (CLEF), University of Waterloo.
    9. Brandyn Bok & Nicolas Petrosky-Nadeau & Robert G. Valletta & Mary Yilma, 2022. "Finding a Soft Landing along the Beveridge Curve," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, vol. 2022(24), pages 1-6, August.
    10. Lee, King Fuei, 2023. "Is Singapore’s Beveridge Curve Suffering From Long Covid Shifts?," MPRA Paper 117841, University Library of Munich, Germany.
    11. Gadi Barlevy & R. Jason Faberman & Bart Hobijn & Ayşegül Şahin, 2024. "The Shifting Reasons for Beveridge Curve Shifts," Journal of Economic Perspectives, American Economic Association, vol. 38(2), pages 83-106, Spring.
    12. David Stoneman & John V. Duca, 2024. "Using deep (machine) learning to forecast US inflation in the COVID‐19 era," Journal of Forecasting, John Wiley & Sons, Ltd., vol. 43(4), pages 894-902, July.
    13. Wifo, 2023. "WIFO-Monatsberichte, Heft 4/2023," WIFO Monatsberichte (monthly reports), WIFO, vol. 96(4), April.
    14. Willem Thorbecke, 2025. "The Impact of Inflation on the U.S. Stock Market After the COVID-19 Pandemic," IJFS, MDPI, vol. 13(1), pages 1-20, January.
    15. Figura, Andrew & Waller, Chris, 2024. "What does the beveridge curve tell us about the likelihood of soft landings?," Journal of Economic Dynamics and Control, Elsevier, vol. 169(C).
    16. Thomas Url, 2023. "Hohe Inflation führt zu Kurswechsel in der Geldpolitik," WIFO Monatsberichte (monthly reports), WIFO, vol. 96(4), pages 269-281, April.
    17. Laurence M. Ball & Mr. Daniel Leigh & Ms. Prachi Mishra, 2022. "Understanding U.S. Inflation During the COVID Era," IMF Working Papers 2022/208, International Monetary Fund.
    18. Mukovhe Takalani & Jean-Francois Mercier & Blessings Nkuna & Kagiso Mphahlele, 2024. "Are shifts in AE labour markets structural," Occasional Bulletin of Economic Notes 11055, South African Reserve Bank.
    19. Fabrice Collard & Patrick Feve & Alain Guay, 2024. "Risk Scenarios and Macroeconomic Forecasts," Working Papers 24-03, Chair in macroeconomics and forecasting, University of Quebec in Montreal's School of Management, revised May 2024.
    20. David G. Blanchflower & Alex Bryson & Jackson Spurling, 2022. "The Wage Curve After the Great Recession," NBER Working Papers 30322, National Bureau of Economic Research, Inc.
    21. Hie Joo Ahn & Jeremy B. Rudd, 2024. "(Re-)Connecting Inflation and the Labor Market: A Tale of Two Curves," Finance and Economics Discussion Series 2024-050, Board of Governors of the Federal Reserve System (U.S.).
    22. King Fuei Lee, 2024. "Is Singapore’s Beveridge Curve Suffering From Long Covid Shifts?," Asian Economics Letters, Asia-Pacific Applied Economics Association, vol. 4(4), pages 1-6.
    23. Julia Fonseca & Lu Liu, 2024. "Mortgage Lock‐In, Mobility, and Labor Reallocation," Journal of Finance, American Finance Association, vol. 79(6), pages 3729-3772, December.
    24. Rostislav I. Kapeliushnikov, 2023. "The Russian labor market: Long-term trends and short-term fluctuations," Russian Journal of Economics, ARPHA Platform, vol. 9(3), pages 245-270, October.
    25. Dorothea Schäfer & Willi Semmler, 2024. "Is interest rate hiking a recipe for missing several goals of monetary policy—beating inflation, preserving financial stability, and keeping up output growth?," Eurasian Economic Review, Springer;Eurasia Business and Economics Society, vol. 14(2), pages 235-254, June.
    26. Diogo Martins, 2024. "The post-pandemic inflation debate: a critical review," Working Papers REM 2024/0308, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa.

  5. Alex Domash & Lawrence H. Summers, 2022. "How Tight are U.S. Labor Markets?," NBER Working Papers 29739, National Bureau of Economic Research, Inc.

    Cited by:

    1. Giovanni Dosi & Lucrezia Fanti & Maria Enrica Virgillito, 2024. "Attributes and trends of rentified capitalism," LEM Papers Series 2024/01, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    2. Kroczek, Martin & Koch, Andreas, 2024. "The reaction of wages to skill shortage in nursing," VfS Annual Conference 2024 (Berlin): Upcoming Labor Market Challenges 302406, Verein für Socialpolitik / German Economic Association.
    3. Bernhard Schmidpeter, 2023. "Labor Market News and Expectations about Jobs & Earnings," Economics working papers 2023-14, Department of Economics, Johannes Kepler University Linz, Austria.
    4. Groiss, Martin & Sondermann, David, 2023. "Help wanted: the drivers and implications of labour shortages," Working Paper Series 2863, European Central Bank.
    5. Jorge Alvarez & John Bluedorn & Niels-Jakob Hansen & Youyou Huang & Evgenia Pugacheva & Alexandre Sollaci, 2023. "Wage-Price Spirals: What is the Historical Evidence?," RBA Annual Conference Papers acp2023-04, Reserve Bank of Australia, revised Nov 2023.
    6. Jordà, Òscar & Nechio, Fernanda, 2023. "Inflation and wage growth since the pandemic," European Economic Review, Elsevier, vol. 156(C).
    7. Kyle Boutilier & Thomas J. Carter & Xin Scott Chen & Eshini Ekanayake & Louis Poirier & Peter Shannon & Akash Uppal & Lin Xiang, 2022. "Assessing global potential output growth and the US neutral rate: April 2022," Staff Analytical Notes 2022-4, Bank of Canada.
    8. Erkmen G. Aslim & Shin‐Yi Chou & Kuhelika De, 2024. "Business cycles and healthcare employment," Health Economics, John Wiley & Sons, Ltd., vol. 33(9), pages 2123-2161, September.
    9. Davide Romaniello, 2022. "Unemployment gap, isteresi e disoccupazione di lunga durata: quale ruolo nella comprensione dell'inflazione? (Unemployment gap, hysteresis and long-term unemployment: which role in explaining inflatio," Moneta e Credito, Economia civile, vol. 75(299), pages 267-283.
    10. Florio, Erminia & Kharazi, Aicha, 2022. "Curtailment of Economic Activity and Labor Inequalities," GLO Discussion Paper Series 1166, Global Labor Organization (GLO).
    11. Jason Furman, 2022. "Why Did (Almost) No One See the Inflation Coming?," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 57(2), pages 79-86, March.
    12. Muhammad Ali Nasir & David Spencer, 2025. "War‐associated geopolitical risks and uncertainty: Implications for real wages," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 30(1), pages 710-728, January.
    13. Schmidpeter, Bernhard, 2023. "Labor market news and expectations about jobs & earnings," Ruhr Economic Papers 1030, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
    14. Domash, Alex & Summers, Lawrence H., 2022. "A labor market view on the risks of a U.S. hard landing," Journal of Policy Modeling, Elsevier, vol. 44(4), pages 758-767.
    15. Alberto Cavallo & Oleksiy Kryvtsov, 2022. "What Can Stockouts Tell Us About Inflation? Evidence from Online Micro Data," NBER Chapters, in: NBER International Seminar on Macroeconomics 2022, National Bureau of Economic Research, Inc.
    16. Schmidpeter, Bernhard, 2023. "Labor Market News and Expectations about Jobs & Earnings," IZA Discussion Papers 16524, Institute of Labor Economics (IZA).
    17. Laurence M. Ball & Mr. Daniel Leigh & Ms. Prachi Mishra, 2022. "Understanding U.S. Inflation During the COVID Era," IMF Working Papers 2022/208, International Monetary Fund.
    18. Kothari, Pratik & O’Doherty, Michael S., 2023. "Job postings and aggregate stock returns," Journal of Financial Markets, Elsevier, vol. 64(C).
    19. Kenza Elass & Cecilia García-Peñalosa & Christian Schluter & Cecilia Garcia-Peñalosa, 2024. "Gender Gaps in the Urban Wage Premium," CESifo Working Paper Series 11374, CESifo.
    20. Ines Buono & Annalivia Polselli, 2022. "An international map of gender gaps," Questioni di Economia e Finanza (Occasional Papers) 714, Bank of Italy, Economic Research and International Relations Area.

  6. Alex Domash & Lawrence H. Summers, 2022. "A labor market view on the risks of a U.S. hard landing," NBER Working Papers 29910, National Bureau of Economic Research, Inc.

    Cited by:

    1. Barrero, José María & Bloom, Nicholas & Davis, Steven J., 2022. "Long Social Distancing," IZA Discussion Papers 15644, Institute of Labor Economics (IZA).
    2. Oleksiy Kryvtsov & James (Jim) C. MacGee & Luis Uzeda, 2023. "The 2021–22 Surge in Inflation," Discussion Papers 2023-3, Bank of Canada.
    3. Salvatore Lo Bello & Eliana Viviano, 2024. "Some considerations on the Phillips curve after the pandemic," Questioni di Economia e Finanza (Occasional Papers) 842, Bank of Italy, Economic Research and International Relations Area.

  7. Natasha Sarin & Lawrence H. Summers & Owen M. Zidar & Eric Zwick, 2021. "Rethinking How We Score Capital Gains Tax Reform," Working Papers 2021-10, Becker Friedman Institute for Research In Economics.

    Cited by:

    1. 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.
    2. Barra Roantree, 2024. "Fiscal policy and redistribution in Ireland," Trinity Economics Papers tep0824, Trinity College Dublin, Department of Economics.

  8. Jacob Greenspon & Anna M. Stansbury & Lawrence H. Summers, 2021. "Productivity and Pay in the US and Canada," NBER Working Papers 29548, National Bureau of Economic Research, Inc.

    Cited by:

    1. Holzer, Harry J., 2021. "After COVID-19: Building a More Coherent and Effective Workforce Development System in the US," IZA Policy Papers 174, Institute of Labor Economics (IZA).

  9. Benjamin F. Jones & Lawrence H. Summers, 2020. "A Calculation of the Social Returns to Innovation," NBER Working Papers 27863, National Bureau of Economic Research, Inc.

    Cited by:

    1. Thomas H.W. Ziesemer, 2024. "Internal rates of return for public R&D from VECM estimates for 17 OECD Countries," Economic Change and Restructuring, Springer, vol. 57(5), pages 1-16, October.
    2. Yaqub, Ohid & Coburn, Josie & Moore, Duncan A.Q., 2023. "Knowledge spillovers from HIV research-funding," SocArXiv gcuhn, Center for Open Science.
    3. Christos A Makridis & Andrew A Borkowski & Gil Alterovitz, 2024. "Perspectives on advancing innovation and human flourishing through a network of AI institutes," Science and Public Policy, Oxford University Press, vol. 51(3), pages 557-562.
    4. Li, Meiling & Wang, Yang & Du, Haifeng & Bai, Aruhan, 2024. "Motivating innovation: The impact of prestigious talent funding on junior scientists," Research Policy, Elsevier, vol. 53(9).
    5. Obschonka, Martin & Tavassoli, Sam & Rentfrow, P. Jason & Potter, Jeff & Gosling, Samuel D., 2023. "Innovation and inter-city knowledge spillovers: Social, geographical, and technological connectedness and psychological openness," Research Policy, Elsevier, vol. 52(8).
    6. Schubert, Torben & Darold, Denilton & Will, Markus, 2024. "Measuring the Causal Economic Effects of Scientific Research — Evidence from the Staggered Foundation of the SENAI Innovation Institutes in Brazil," Papers in Innovation Studies 2024/14, Lund University, CIRCLE - Centre for Innovation Research.
    7. Van Reenen, John, 2021. "Innovation and human capital policy," LSE Research Online Documents on Economics 121867, London School of Economics and Political Science, LSE Library.
    8. Lin, Yiling & Evans, James A. & Wu, Lingfei, 2022. "New directions in science emerge from disconnection and discord," Journal of Informetrics, Elsevier, vol. 16(1).
    9. Diane Coyle & Kieran Lind & David Nguyen & Manuel Tong, 2022. "Are digital-using UK firms more productive?," Economic Statistics Centre of Excellence (ESCoE) Discussion Papers ESCoE DP-2022-06, Economic Statistics Centre of Excellence (ESCoE).
    10. Auboin, Marc & Koopman, Robert & Xu, Ankai, 2021. "Trade and innovation policies: Coexistence and spillovers," Journal of Policy Modeling, Elsevier, vol. 43(4), pages 844-872.
    11. Thibault Schrepel, 2024. "A systematic content analysis of innovation in European competition law," European Journal of Law and Economics, Springer, vol. 58(2), pages 355-395, October.
    12. Diane Coyle & Wendy Li, 2021. "The Data Economy: Market Size and Global Trade," Economic Statistics Centre of Excellence (ESCoE) Discussion Papers ESCoE DP-2021-09, Economic Statistics Centre of Excellence (ESCoE).
    13. Teichgraeber, Andreas & Van Reenen, John, 2022. "A policy toolkit to increase research and innovation in the European Union," LSE Research Online Documents on Economics 117801, London School of Economics and Political Science, LSE Library.
    14. Schubert, Torben & Darold, Denilton & Will, Markus, 2024. "Measuring the causal economic effects of scientific research: Evidence from the staggered foundation of the SENAI Innovation Institutes in Brazil," Discussion Papers "Innovation Systems and Policy Analysis" 87, Fraunhofer Institute for Systems and Innovation Research (ISI).
    15. Alston, Julian M. & Pardey, Philip G., 2022. "Are Ideas Really Getting Harder to Find?," Staff Papers 320517, University of Minnesota, Department of Applied Economics.
    16. Truger, Achim, 2022. "Außergewöhnliche Notsituation und Sondervermögen "Transformationsfonds Saarland" ökonomisch plausibel," ifso expertise 23, University of Duisburg-Essen, Institute for Socioeconomics (ifso).
    17. Bracht, Felix & Verhoeven, Dennis, 2025. "Air pollution and innovation," LSE Research Online Documents on Economics 126875, London School of Economics and Political Science, LSE Library.
    18. Katherine Wynn & Mingji Liu & Jasmine Cohen, 2022. "Quantifying the economy‐wide returns to innovation for Australia," Australian Economic Papers, Wiley Blackwell, vol. 61(3), pages 591-614, September.
    19. Siegloch, Sebastian & Lichter, Andreas & Löffler, Max & Isphording, Ingo E. & Nguyen, Thu-Van & Poege, Felix, 2021. "Profit Taxation, R&D Spending, and Innovation," CEPR Discussion Papers 16702, C.E.P.R. Discussion Papers.
    20. Edeh, Jude & Prévot, Frédéric, 2024. "Beyond funding: The moderating role of firms' R&D human capital on government support and venture capital for regional innovation in China," Technological Forecasting and Social Change, Elsevier, vol. 203(C).
    21. Andreas Lichtenberger & Joao Paulo Braga & Willi Semmler, 2022. "Green Bonds for the Transition to a Low-Carbon Economy," Econometrics, MDPI, vol. 10(1), pages 1-31, March.

  10. Anna Stansbury & Lawrence H. Summers, 2020. "The Declining Worker Power Hypothesis: An explanation for the recent evolution of the American economy," NBER Working Papers 27193, National Bureau of Economic Research, Inc.

    Cited by:

    1. Norris Keiller, Agnes & Obermeier, Tim & Teichgraeber, Andreas & Van Reenen, John, 2024. "An engine of (pay) growth? Productivity and wages in the UK auto industry," LSE Research Online Documents on Economics 126764, London School of Economics and Political Science, LSE Library.
    2. Marjan Petreski & Stefan Tanevski, 2023. "Bargain your share: The role of workers bargaining power for labor share, with reference to transition economies," Papers 2310.04904, arXiv.org.
    3. Ariell Reshef & Gianluca Santoni, 2022. "Are Your Labor Shares Set in Beijing? The View through the Lens of Global Value Chains," CESifo Working Paper Series 9835, CESifo.
    4. Guido Matias Cortes & Jeanne Tschopp, 2024. "Rising concentration and wage inequality," Scandinavian Journal of Economics, Wiley Blackwell, vol. 126(2), pages 320-354, April.
    5. Molinder, Jakob & Karlsson, Tobias & Enflo, Kerstin, 2022. "Social democracy and the decline of strikes," Explorations in Economic History, Elsevier, vol. 83(C).
    6. Zoe Hitzig & Benjamin Niswonger, 2022. "Optimal Defaults, Limited Enforcement and the Regulation of Contracts," Papers 2203.01233, arXiv.org, revised May 2022.
    7. Armanda Cetrulo & Angelica Sbardella & Maria Enrica Virgillito, 2021. "Vanishing social classes? Facts and figures of the Italian labour market," LEM Papers Series 2021/29, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    8. De Loecker, Jan & Obermeier, Tim & Van Reenen, John, 2024. "Firms and inequality," LSE Research Online Documents on Economics 121234, London School of Economics and Political Science, LSE Library.
    9. Bom, Pedro R.D. & Erauskin, Iñaki, 2021. "Productive government investment and the labor share," MPRA Paper 108381, University Library of Munich, Germany.
    10. John C. Haltiwanger & Henry R. Hyatt & James Spletzer, 2022. "Industries, Mega Firms, and Increasing Inequality," NBER Working Papers 29920, National Bureau of Economic Research, Inc.
    11. Alzate,David & Eliana Carranza & Duran-Franch,Joana & Truman G. Packard & Celina Proffen, 2024. "How Regulations Impact the Labor Market : A Review of the Literatures on Product and Labor Market Regulations," Policy Research Working Paper Series 10961, The World Bank.
    12. Giovanni Dosi & Richard B. Freeman & Marcelo C. Pereira & Andrea Roventini & Maria Enrica Virgillito, 2020. "The Impact of Deunionization on the Growth and Dispersion of Productivity and Pay," Documents de Travail de l'OFCE 2020-05, Observatoire Francais des Conjonctures Economiques (OFCE).
    13. Bustos, Emil, 2024. "Collectively Bargained Wages and Female Earnings: Evidence from Swedish Local Governments," Working Paper Series 1494, Research Institute of Industrial Economics.
    14. Sabien Dobbelaere & Catherine Fuss & Mark Vancauteren, 2023. "Does offshoring shape labor market imperfections? A comparative analysis of Belgian and Dutch firms," Tinbergen Institute Discussion Papers 23-006/V, Tinbergen Institute.
    15. Mark Setterfield & Robert A. Blecker, 2022. "Structural change in the US Phillips curve, 1948-2021: the role of power and institutions," FMM Working Paper 75-2022, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
    16. Simon Jäger & Shakked Noy & Benjamin Schoefer, 2021. "What Does Codetermination Do?," CESifo Working Paper Series 9156, CESifo.
    17. Fontanari, Claudia & Levrero, Enrico Sergio & Romaniello, Davide, 2024. "A composite index for workers’ bargaining power and the inflation rate in the United States, 1960–2018," Structural Change and Economic Dynamics, Elsevier, vol. 70(C), pages 682-698.
    18. Francisco Louçã, 2021. "As time went by - why is the long wave so long?," Journal of Evolutionary Economics, Springer, vol. 31(3), pages 749-771, July.
    19. Swayamsiddha Sarangi, 2023. "Labor share decline across US manufacturing sub-sectors: 1979-2019," Working Paper Series, Department of Economics, University of Utah 2023_07, University of Utah, Department of Economics.
    20. Adam Tooze, 2021. "Debating Central Bank Mandates," Working Papers 1, Forum New Economy.
    21. Salvanes, Kjell G & Dodini, Samuel & Willén, Alexander, 2021. "The Dynamics of Power in Labor Markets: Monopolistic Unions versus Monopsonistic Employers," CEPR Discussion Papers 16834, C.E.P.R. Discussion Papers.
    22. Findeisen, Sebastian & Dauth, Wolfgang & Schlenker, Oliver, 2024. "Organized labor versus robots? Evidence from micro data," Working Papers 25, University of Konstanz, Cluster of Excellence "The Politics of Inequality. Perceptions, Participation and Policies".
    23. Konstantin A. Kholodilin & Sebastian Kohl, 2021. "Rent Price Control – Yet Another Great Equalizer of Economic Inequalities?: Evidence from a Century of Historical Data," Discussion Papers of DIW Berlin 1927, DIW Berlin, German Institute for Economic Research.
    24. Erickson, Christopher & Norlander, Peter, 2021. "How the Past of Outsourcing and Offshoring is the Future of Post-Pandemic Remote Work: A Typology, a Model, and a Review," GLO Discussion Paper Series 913, Global Labor Organization (GLO).
    25. Muhammad Ali Nasir & David Spencer, 2025. "War‐associated geopolitical risks and uncertainty: Implications for real wages," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 30(1), pages 710-728, January.
    26. Freund, L. B., 2022. "Superstar Teams: The Micro Origins and Macro Implications of Coworker Complementarities," Janeway Institute Working Papers 2235, Faculty of Economics, University of Cambridge.
    27. Hideaki Aoyama & Corrado Guilmi & Yoshi Fujiwara & Hiroshi Yoshikawa, 2022. "Dual labor market and the “Phillips curve puzzle”: the Japanese experience," Journal of Evolutionary Economics, Springer, vol. 32(5), pages 1419-1435, November.
    28. Mark Setterfield, 2022. "Inflation and distribution during the post-COVID recovery: a Kaleckian approach," Working Papers 2209, New School for Social Research, Department of Economics.
    29. Sirio Aramonte, 2022. "Inflation risk and the labor market: beneath the surface of a flat Phillips curve," BIS Working Papers 1054, Bank for International Settlements.
    30. 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.
    31. Hideaki AOYAMA & Corrado DI GUILMI & Yoshi FUJIWARA & Hiroshi YOSHIKAWA, 2021. "Dual Labor Market and the "Phillips Curve Puzzle"," Discussion papers 21006, Research Institute of Economy, Trade and Industry (RIETI).
    32. Justin C. Wiltshire, 2023. "Walmart Supercenters and Monopsony Power: How A Large, Low-Wage Employer Impacts Local Labor Markets," Department Discussion Papers 2304, Department of Economics, University of Victoria.
    33. Leonardo Ciambezi & Mattia Guerini & Mauro Napoletano & Andrea Roventini, 2025. "Accounting for the Multiple Sources of Inflation: an Agent-Based Model Investigation," SciencePo Working papers Main hal-04978428, HAL.
    34. Simon Jäger & Shakked Noy & Benjamin Schoefer, 2022. "The German Model of Industrial Relations: Balancing Flexibility and Collective Action," Journal of Economic Perspectives, American Economic Association, vol. 36(4), pages 53-80, Fall.
    35. Allan, Corey & Maré, David C., 2021. "Do Workers Share in Firm Success? Pass-through Estimates for New Zealand," IZA Discussion Papers 14764, Institute of Labor Economics (IZA).
    36. Vinicius Curti Cícero & Daniele Tavani, 2024. "Institutional changes, effective demand and inequality: a structuralist model of secular stagnation," Working Papers PKWP2410, Post Keynesian Economics Society (PKES).
    37. Bustos, Emil, 2023. "The Effect of Centrally Bargained Wages on Firm Growth," Working Paper Series 1456, Research Institute of Industrial Economics.
    38. Andrea Coveri & Elena Paglialunga & Antonello Zanfei, 2023. "Global value chains, functional diversification and within-country inequality: an empirical assessment," Working Papers 2302, University of Urbino Carlo Bo, Department of Economics, Society & Politics - Scientific Committee - L. Stefanini & G. Travaglini, revised 2023.
    39. Elena Paglialunga & Andrea Coveri & Antonello Zanfei, 2020. "Climate change and inequality in a global context. Exploring climate induced disparities and the reaction of economic systems," Working Papers 2003, University of Urbino Carlo Bo, Department of Economics, Society & Politics - Scientific Committee - L. Stefanini & G. Travaglini, revised 2020.
    40. Parui, Pintu, 2020. "The Macroeconomic Effects of Financialization and the Wage Gap between Blue and White Collar Workers," MPRA Paper 101412, University Library of Munich, Germany.
    41. José L. Casco & León Fernández Bujanda & Laura Kurczyn, 2024. "Outsourcing, Employment and Wages: Evidence from a Policy Reform in Mexico," Working Papers 2024-20, Banco de México.
    42. Antonio Falato & Hyunseob Kim & Till M. von Wachter, 2022. "Shareholder Power and the Decline of Labor," NBER Working Papers 30203, National Bureau of Economic Research, Inc.
    43. Barrero, José María & Bloom, Nicholas & Davis, Steven J. & Meyer, Brent & Mihaylov, Emil, 2022. "The Shift to Remote Work Lessens Wage-Growth Pressures," IZA Discussion Papers 15385, Institute of Labor Economics (IZA).
    44. Michael A. Clemens, 2023. "The Fiscal Effect of Immigration: Reducing Bias in Influential Estimates," Working Papers 632, Center for Global Development.
    45. Allan, Corey & Maré, David C., 2022. "Who Benefits from Firm Success? Heterogenous Rent Sharing in New Zealand," IZA Discussion Papers 15264, Institute of Labor Economics (IZA).
    46. Jeff Borland & Michael Coelli, 2023. "The Australian labour market and IT-enabled technological change," Melbourne Institute Working Paper Series wp2023n01, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne.
    47. Jose Barrales‐Ruiz & Rudiger von Arnim & Mikidadu Mohammed, 2023. "Income distribution and economic activity: A frequency domain causal exploration," Metroeconomica, Wiley Blackwell, vol. 74(2), pages 306-327, May.
    48. Mark Setterfield, 2022. "Neoliberalism: An Entrenched but Exhausted Growth Regime," Ensayos Económicos, Central Bank of Argentina, Economic Research Department, vol. 1(79), pages 131-146, May.
    49. Lilian Rolim & Laura Carvalho & Dany Lang, 2023. "Monetary policy rules and the inequality-augmented Phillips Curve," Working Papers, Department of Economics 2023_06, University of São Paulo (FEA-USP).
    50. R. Alison Felix & James R. Hines, 2022. "Corporate taxes and union wages in the United States," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 29(6), pages 1450-1494, December.
    51. Ibarra, Carlos A. & Ros, Jaime, 2023. "Trade and factor intensity, and the transmission of the global shock to labor: A panel analysis of the fall of the labor income share in the Mexican manufacturing sector," Economic Systems, Elsevier, vol. 47(1).
    52. Peter Flaschel & Sigrid Luchtenberg & Hagen Kramer & Christian Proano & Mark Setterfield, 2021. "Contemporary Macroeconomic Outcomes: A Tragedy in Three Acts," Working Papers 2105, New School for Social Research, Department of Economics.
    53. Hervé, Justine, 2023. "Specialists or generalists? Cross-industry mobility and wages," Labour Economics, Elsevier, vol. 84(C).
    54. Cyprien Batut & Ulysse Lojkine & Paolo Santini, 2021. "Which side are you on? A historical perspective on union membership composition in four European countries," Working Papers halshs-03364022, HAL.
    55. Lindner, Attila & Muraközy, Balázs & Reizer, Balázs & Schreiner, Ragnhild, 2022. "Firm-level technological change and skill demand," LSE Research Online Documents on Economics 117905, London School of Economics and Political Science, LSE Library.
    56. Ana Bottega & Rafael S. M. Ribeiro, 2023. "Kalecki meets Schumpeter: The decline of competition in a demand‐led dynamic model," Metroeconomica, Wiley Blackwell, vol. 74(3), pages 584-605, July.
    57. Lilian N. Rolim & Carolina Troncoso Baltar & Gilberto Tadeu Lima, 2023. "Income distribution, productivity growth, and workers’ bargaining power in an agent-based macroeconomic model," Journal of Evolutionary Economics, Springer, vol. 33(2), pages 473-516, April.
    58. Roya Taherifar & Mark J. Holmes & Gazi M. Hassan, 2023. "The drivers of labour share and impact on pay inequality: A firm-level investigation," Working Papers in Economics 23/03, University of Waikato.
    59. Paglialunga, Elena & Coveri, Andrea & Zanfei, Antonello, 2022. "Climate change and within-country inequality: New evidence from a global perspective," World Development, Elsevier, vol. 159(C).
    60. Giovanni Dosi & Marcelo C. Pereira & Andrea Roventini & Maria Enrica Virgillito, 2024. "The political economy of complex evolving systems: the case of declining unionization and rising inequalities," LEM Papers Series 2024/13, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    61. Armanda Cetrulo & Dario Guarascio & Maria Enrica Virgillito, 2024. "Two neglected origins of inequality: hierarchical power and care work," LEM Papers Series 2024/04, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    62. Manuel Coutinho Pereira, 2025. "A firm-level analysis of the labour share in Portugal," Economic Bulletin and Financial Stability Report Articles and Banco de Portugal Economic Studies, Banco de Portugal, Economics and Research Department.
    63. Cairó, Isabel & Sim, Jae, 2024. "Market power, inequality, and financial instability," Journal of Economic Dynamics and Control, Elsevier, vol. 164(C).
    64. Silas Xuereb, 2022. "Worker power, rent-seeking and income inequality in Canada: A sector-level analysis," World Inequality Lab Working Papers halshs-03828910, HAL.
    65. Davis, Leila & de Souza, Joao & Kim, YK. & Rella, Giacomo, 2023. "What are firms borrowing for? The role of financial assets," Economic Modelling, Elsevier, vol. 125(C).
    66. Francesco Bloise & Irene Brunetti & Valeria Cirillo, 2022. "Firm strategies and distributional dynamics: labour share in Italian medium-large firms," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 39(2), pages 623-655, July.
    67. Marco Jacopo Lombardi & Marianna Riggi & Eliana Viviano, 2020. "Bargaining power and the Phillips curve: a micro-macro analysis," BIS Working Papers 903, Bank for International Settlements.
    68. Philipp Heimberger, 2023. "Do higher public debt levels reduce economic growth?," Journal of Economic Surveys, Wiley Blackwell, vol. 37(4), pages 1061-1089, September.
    69. Lukas Lehner & Paul Ramskogler & Aleksandra Riedl, 2024. "Beggaring Thy Co-Worker: Labor Market Dualization and the Wage Growth Slowdown in Europe," ILR Review, Cornell University, ILR School, vol. 77(5), pages 659-684, October.
    70. Cohen, Lior, 2022. "Globalization and Monetary Policy," EconStor Preprints 306556, ZBW - Leibniz Information Centre for Economics.
    71. Stirati, Antonella & Paternesi Meloni, Walter, 2021. "Unemployment and the wage share: a long-run exploration for major mature economies," Structural Change and Economic Dynamics, Elsevier, vol. 56(C), pages 330-352.
    72. Walter Paternesi Meloni & Antonella Stirati, 2023. "The decoupling between labour compensation and productivity in high‐income countries: Why is the nexus broken?," British Journal of Industrial Relations, London School of Economics, vol. 61(2), pages 425-463, June.
    73. Agustin Velasquez, 2023. "Production Technology, Market Power, and the Decline of the Labor Share," IMF Working Papers 2023/032, International Monetary Fund.
    74. Cauvel, Michael & Pacitti, Aaron, 2022. "Bargaining power, structural change, and the falling U.S. labor share," Structural Change and Economic Dynamics, Elsevier, vol. 60(C), pages 512-530.
    75. Dodini, Samuel & Willén, Alexander, 2025. "The Power to Discriminate," Discussion Paper Series in Economics 10/2025, Norwegian School of Economics, Department of Economics.
    76. Leonardo Ciambezi & Mattia Guerini & Mauro Napoletano & Andrea Roventini, 2025. "Accounting for the Multiple Sources of Inflation: an Agent-Based Model Investigation," Working Papers 2025.10, Fondazione Eni Enrico Mattei.
    77. Silas Xuereb, 2022. "Worker power, rent-seeking and income inequality in Canada: A sector-level analysis," Working Papers halshs-03828910, HAL.
    78. Andrew Sharpe & James Ashwell, 2021. "The Evolution of the Productivity-Median Wage Gap in Canada, 1976-2019," International Productivity Monitor, Centre for the Study of Living Standards, vol. 41, pages 98-117, Fall.
    79. Daron Acemoglu & Alex He & Daniel le Maire, 2022. "Eclipse of Rent-Sharing: The Effects of Managers' Business Education on Wages and the Labor Share in the US and Denmark," NBER Working Papers 29874, National Bureau of Economic Research, Inc.
    80. Carlos F. Avenancio-León & Alessio Piccolo & Leslie Sheng Shen, 2024. "Self-reinforcing Glass Ceilings," Working Papers 24-14, Federal Reserve Bank of Boston.
    81. Walter Paternesi Meloni & Antonella Stirati, 2021. "What has driven the delinking of wages from productivity? A political economy-based investigation for high-income economies," Working Papers PKWP2104, Post Keynesian Economics Society (PKES).
    82. Antonia Díaz & Luis A. Puch, 2021. "EU After COVID-19: An Opportunity for Policy Coordination," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 56(4), pages 197-200, July.
    83. Shishir Shakya & Alicia Plemmons & Juan Tomas Sayago-Gomez, 2022. "Spatial spillovers and the productivity-compensation gap in the United States," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 68(3), pages 669-689, June.

  11. Ahearn, Bertie & Singh Ahluwalia, Montek & Ahmed, Masood & Alphandéry, Edmond & Altwaijri, HE Dr Abdulaziz Altwaijri & Amato, Giuliano & Amersi, Mohamed & Arbour, Louise & Aria, Óscar & Aziz, Shaukat , 2020. "The COVID-19 pandemic: a letter to G20 leaders," LSE Research Online Documents on Economics 104370, London School of Economics and Political Science, LSE Library.

    Cited by:

    1. Martonosi, Susan E. & Behzad, Banafsheh & Cummings, Kayla, 2021. "Pricing the COVID-19 vaccine: A mathematical approach," Omega, Elsevier, vol. 103(C).
    2. Mou Rani Sarker, 2021. "Labor market and unpaid works implications of COVID‐19 for Bangladeshi women," Gender, Work and Organization, Wiley Blackwell, vol. 28(S2), pages 597-604, July.
    3. Belhadi, Amine & Kamble, Sachin & Jabbour, Charbel Jose Chiappetta & Gunasekaran, Angappa & Ndubisi, Nelson Oly & Venkatesh, Mani, 2021. "Manufacturing and service supply chain resilience to the COVID-19 outbreak: Lessons learned from the automobile and airline industries," Technological Forecasting and Social Change, Elsevier, vol. 163(C).
    4. Richard B. Freeman, 2022. "Planning for the “Expected Unexpected”: Work and Retirement in the U.S. After the COVID-19 Pandemic Shock," NBER Working Papers 29653, National Bureau of Economic Research, Inc.
    5. Stewart Nixon, 2020. "Global Integration Is More Important than Ever to Contain the Economic and Health Fallout and Exit the COVID-19 Pandemic Crisis," World Bank Publications - Reports 34394, The World Bank Group.
    6. Jasmine Jaim, 2021. "Exist or exit? Women business‐owners in Bangladesh during COVID‐19," Gender, Work and Organization, Wiley Blackwell, vol. 28(S1), pages 209-226, January.
    7. Dalal Al‐Taweel & Asmaa Al‐Haqan & Dalia Bajis & Jawaher Al‐Bader & AbdulRahman M. Al‐Taweel & Abrar Al‐Awadhi & Fawzeya Al‐Awadhi, 2020. "Multidisciplinary academic perspectives during the COVID‐19 pandemic," International Journal of Health Planning and Management, Wiley Blackwell, vol. 35(6), pages 1295-1301, November.
    8. Thanh-Long Giang & Dinh-Tri Vo & Quan-Hoang Vuong, 2020. "COVID-19: A Relook at Healthcare Systems and Aged Populations," Sustainability, MDPI, vol. 12(10), pages 1-10, May.

  12. Natasha Sarin & Lawrence H. Summers, 2020. "Understanding the Revenue Potential of Tax Compliance Investment," NBER Working Papers 27571, National Bureau of Economic Research, Inc.

    Cited by:

    1. Knut Løyland & Oddbjørn Raaum & Gaute Torsvik & Arnstein Øvrum, 2024. "Evaluating compliance gains of expanding tax enforcement," Economica, London School of Economics and Political Science, vol. 91(361), pages 142-162, January.
    2. Reck, Daniel & Guyton, John & Langetieg, Patrick & Risch, Max & Zucman, Gabriel, 2021. "Tax Evasion at the Top of the Income Distribution: Theory and Evidence," CEPR Discussion Papers 15851, C.E.P.R. Discussion Papers.

  13. Olivier J Blanchard & Lawrence H. Summers, 2020. "Automatic stabilizers in a low-rate environment," Policy Briefs PB20-2, Peterson Institute for International Economics.

    Cited by:

    1. Jérôme Creel, 2021. "Establishing a Fiscal Dialogue in Europe," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 63(3), pages 339-355, September.
    2. Marzia Romanelli & Pietro Tommasino & Emilio VadalÃ, 2022. "The future of European fiscal governance: a comprehensive approach," Questioni di Economia e Finanza (Occasional Papers) 691, Bank of Italy, Economic Research and International Relations Area.
    3. Mathias Dolls & Clemens Fuest & Andreas Peichl & Christian Wittneben, 2020. "Fiscal Consolidation and Automatic Stabilization: New Results," EconPol Working Paper 39, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
    4. Schuster, Florian & Krahé, Max & Sigl-Glöckner, Philippa, 2021. "Wird die Konjunkturkomponente der Schuldenbremse in ihrer heutigen Ausgestaltung ihrer Aufgabe noch gerecht? Analyse und ein Reformvorschlag," Papers 277885, Dezernat Zukunft - Institute for Macrofinance, Berlin.
    5. Philippa Sigl-Gloeckner & Max Krahé & Pola Schneemelcher & Florian Schuster & Viola Hilbert & Henrika Meyer, 2021. "Eine neue deutsche Finanzpolitik," Working Papers 2, Forum New Economy.
    6. Vaz de Castro, Afonso, 2022. "Risk Aversion and Recessive Impacts of Austerity," MPRA Paper 111875, University Library of Munich, Germany.
    7. Bergant, Katharina & Forbes, Kristin, 2023. "Policy packages and policy space: Lessons from COVID-19☆," European Economic Review, Elsevier, vol. 158(C).
    8. Adam S. Posen, 2021. "Fiscal Success During COVID-19 Says Believe the Good News," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 56(4), pages 190-193, July.
    9. Federico Bassi, 2020. "Chronic Excess Capacity and Unemployment Hysteresis in EU Countries. A Structural Approach," DISCE - Working Papers del Dipartimento di Economia e Finanza def091, Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE).
    10. Sigl-Glöckner, Philippa & Krahé, Max & Schneemelcher, Pola & Schuster, Florian & Hilbert, Viola & Meyer, Henrika, 2021. "Eine neue deutsche Finanzpolitik," Papers 277883, Dezernat Zukunft - Institute for Macrofinance, Berlin.
    11. Croitorov, Olga & Giovannini, Massimo & Pfeiffer, Philipp & Ratto, Marco & Vogel, Lukas, 2022. "Fiscal Stabilisation in a Low-Interest and High-Debt Environment," VfS Annual Conference 2022 (Basel): Big Data in Economics 264142, Verein für Socialpolitik / German Economic Association.

  14. Natasha Sarin & Lawrence H. Summers, 2019. "Shrinking the Tax Gap: Approaches and Revenue Potential," NBER Working Papers 26475, National Bureau of Economic Research, Inc.

    Cited by:

    1. Arun Advani, 2022. "Who does and doesn't pay taxes?," Fiscal Studies, John Wiley & Sons, vol. 43(1), pages 5-22, March.
    2. Xuantong Wang & James Hopeward & Ilcheong Yi & Mark W. McElroy & Paul C. Sutton, 2022. "Supporting the Sustainable Development Goals: A context sensitive indicator for sustainable use of water at the facility level," Sustainable Development, John Wiley & Sons, Ltd., vol. 30(5), pages 1184-1199, October.
    3. Andrew Feltenstein & Jorge Martinez-Vazquez & Biplab Datta & Sohani Fatehin, 2022. "A general equilibrium model of Value Added Tax evasion: an application to Pakistan," International Economics and Economic Policy, Springer, vol. 19(3), pages 537-556, July.
    4. Gamannossi degl’Innocenti, Duccio & Levaggi, Rosella & Menoncin, Francesco, 2022. "Tax avoidance and evasion in a dynamic setting," Journal of Economic Behavior & Organization, Elsevier, vol. 204(C), pages 443-456.

  15. Gauti B. Eggertsson & Ragnar E. Juelsrud & Lawrence H. Summers & Ella Getz Wold, 2019. "Negative nominal interest rates and the bank lending channel," Working Paper 2019/4, Norges Bank.

    Cited by:

    1. Christian Bittner & Alexander Rodnyansky & Farzad Saidi & Yannick Timmer, 2024. "Mixing QE and Interest Rate Policies at the Effective Lower Bound: Micro Evidence from the Euro Area," ECONtribute Discussion Papers Series 292, University of Bonn and University of Cologne, Germany.
    2. De Santis, Roberto A. & Zaghini, Andrea, 2019. "Unconventional monetary policy and corporate bond issuance," Working Paper Series 2329, European Central Bank.
    3. Tsutomu Watanabe, 2020. "The Welfare Implications of Massive Money Injection: The Japanese Experience from 2013 to 2020," CARF F-Series CARF-F-493, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
    4. Itamar Drechsler & Alexi Savov & Philipp Schnabl, 2021. "Banking on Deposits: Maturity Transformation without Interest Rate Risk," Journal of Finance, American Finance Association, vol. 76(3), pages 1091-1143, June.
    5. Gylfi Zoega, 2020. "Monetary Hegemony and its Implications for Small, Open Economies," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 48(4), pages 431-446, December.
    6. Schelling, Tan & Towbin, Pascal, 2022. "What lies beneath—Negative interest rates and bank lending," Journal of Financial Intermediation, Elsevier, vol. 51(C).
    7. Mattia Girotti & Guillaume Horny & Jean-Guillaume Sahuc, 2022. "Lost in Negative Territory? Search for Yield!," EconomiX Working Papers 2022-10, University of Paris Nanterre, EconomiX.
    8. Marco Onofri & Gert Peersman & Frank R. Smets, 2021. "The Effectiveness Of A Negative Interest Rate Policy," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 21/1015, Ghent University, Faculty of Economics and Business Administration.
    9. Jean-Guillaume Sahuc & Christian Pfister, 2020. "Unconventional Monetary Policies: A Stock-Taking Exercise," Working Papers hal-04159708, HAL.
    10. Altavilla, Carlo & Burlon, Lorenzo & Giannetti, Mariassunta & Holton, Sarah, 2022. "Is there a zero lower bound? The effects of negative policy rates on banks and firms," Journal of Financial Economics, Elsevier, vol. 144(3), pages 885-907.
    11. Anthony Brassil, 2022. "The Consequences of Low Interest Rates for the Australian Banking Sector," RBA Research Discussion Papers rdp2022-08, Reserve Bank of Australia.
    12. Johannes Bubeck & Angela Maddaloni & José-Luis Peydró, 2019. "Negative Monetary Policy Rates and Systemic Banks' Risk-Taking: Evidence from the Euro Area Securities Register," Working Papers 1128, Barcelona School of Economics.
    13. Darracq Pariès, Matthieu & Kok, Christoffer & Rottner, Matthias, 2020. "Reversal interest rate and macroprudential policy," Working Paper Series 2487, European Central Bank.
    14. Stefan Kerbl & Boris Simunovic & Andreas Wolf, 2019. "Quantifying interest rate risk and the effect of model assumptions behind sight deposits," Financial Stability Report, Oesterreichische Nationalbank (Austrian Central Bank), issue 37, pages 73-85.
    15. Abildgren, Kim & Kuchler, Andreas, 2023. "Firm behaviour under negative deposit rates," European Economic Review, Elsevier, vol. 151(C).
    16. Ulbing, Philipp, 2024. "The Zero Lower Bound on Household Deposit Rates: Not As Binding As We Thought," VfS Annual Conference 2024 (Berlin): Upcoming Labor Market Challenges 302353, Verein für Socialpolitik / German Economic Association.
    17. Tomasz Chmielewski & Tomasz Lyziak & Ewa Stanislawska, 2020. "Risk-Taking Channel and Its Non-Linearities: The Case of an Emerging Market Economy," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 70(1), pages 2-25, February.
    18. Lukasz Rachel & Lawrence H. Summers, 2019. "On Secular Stagnation in the Industrialized World," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 50(1 (Spring), pages 1-76.
    19. Jin Cao & Valeriya Dinger & Tomás Gómez & Zuzana Gric & Martin Hodula & Alejandro Jara & Ragnar Juelsrud & Karolis Liaudinskas & Simona Malovaná & Yaz Terajima, 2021. "Monetary Policy Spillover to Small Open Economies: Is the Transmission Different under Low Interest Rates?," Staff Working Papers 21-62, Bank of Canada.
    20. Altavilla, Carlo & Lemke, Wolfgang & Linzert, Tobias & Tapking, Jens & von Landesberger, Julian, 2021. "Assessing the efficacy, efficiency and potential side effects of the ECB’s monetary policy instruments since 2014," Occasional Paper Series 278, European Central Bank.
    21. Saki Bigio & Javier Bianchi, 2014. "Banks, Liquidity Management and Monetary Policy," 2014 Meeting Papers 489, Society for Economic Dynamics.
    22. Janice C. Eberly & James H. Stock & Jonathan H. Wright, 2019. "The Federal Reserve’s Current Framework for Monetary Policy: A Review and Assessment," NBER Working Papers 26002, National Bureau of Economic Research, Inc.
    23. Josef Schroth, 2021. "Optimal Monetary and Macroprudential Policies," Staff Working Papers 21-21, Bank of Canada.
    24. Grégory Levieuge & Jean-Guillaume Sahuc, 2021. "Downward Interest Rate Rigidity," Working papers 828, Banque de France.
    25. Hills, Timothy S. & Nakata, Taisuke & Schmidt, Sebastian, 2019. "Effective lower bound risk," European Economic Review, Elsevier, vol. 120(C).
    26. Oliver de Groot & Alexander Haas, 2020. "The Negative Interest Rate Policy Experiment," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 21(01), pages 7-12, April.
    27. Döttling, Robin, 2020. "Bank capital regulation in a zero interest environment," Working Paper Series 2422, European Central Bank.
    28. Peydró, José-Luis & Maddaloni, Angela, 2020. "Negative Monetary Policy Rates and Systemic Banks’ Risk-Taking: Evidence from the Euro Area Securities Register," CEPR Discussion Papers 14988, C.E.P.R. Discussion Papers.
    29. Gabriel Zsurkis, 2022. "Determinants of cost of equity for listed euro area banks," Working Papers w202209, Banco de Portugal, Economics and Research Department.
    30. Koenig, Philipp J. & Schliephake, Eva, 2022. "Bank risk-taking and impaired monetary policy transmission," Working Paper Series 2638, European Central Bank.
    31. Whelsy Boungou, 2020. "Empirical Evidence of the Lending Channel of Monetary Policy under Negative Interest Rates," Working Papers hal-03258222, HAL.
    32. Joscha Beckmann & Klaus-Jürgen Gern & Nils Jannsen, 2022. "Should they stay or should they go? Negative interest rate policies under review," International Economics and Economic Policy, Springer, vol. 19(4), pages 885-912, October.
    33. Goodhart, Charles & Kabiri, Ali, 2019. "Monetary Policy and Bank Profitability in a Low Interest Rate Environment: A Follow-up and a Rejoinder," CEPR Discussion Papers 13752, C.E.P.R. Discussion Papers.
    34. Théo Nicolas., 2023. "Bank Market Power and Interest Rate Setting: Why Consolidated Banking Data Matte [Pouvoir de marché des banques et fixation des taux d’intérêt : de l’importance de prendre en compte les données ban," Débats Economiques et financiers 40, Banque de France.
    35. Julius Probst, 2019. "Lawrence Summers Deserves a Nobel Prize for Reviving the Theory of Secular Stagnation," Econ Journal Watch, Econ Journal Watch, vol. 16(2), pages 342–373-3, September.
    36. Grahame Johnson & Sharon Kozicki & Romanos Priftis & Lena Suchanek & Jonathan Witmer & Jing Yang, 2020. "Implementation and Effectiveness of Extended Monetary Policy Tools: Lessons from the Literature," Discussion Papers 2020-16, Bank of Canada.
    37. Jean-Guillaume Sahuc & Olivier de Bandt & Hibiki Ichiue & Bora Durdu & Yasin Mimir & Jolan Mohimont & Kalin Nikolov & Sigrid Roehrs & Valério Scalone & Michael Straughan, 2022. "Assessing the Impact of Basel III: Evidence from Structural Macroeconomic Models," EconomiX Working Papers 2022-3, University of Paris Nanterre, EconomiX.
    38. Fungáécová, Zuzana & Kerola, Eeva & Laine, Olli-Matti, 2023. "Monetary policy transmission below zero," Bank of Finland Research Discussion Papers 11/2023, Bank of Finland.
    39. SKANDER J. Van den HEUVEL, 2020. "Discussion of Bubeck, Maddaloni, and Peydró," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 52(S1), pages 233-240, October.
    40. Alessandro Secchi, 2019. "A two-tier system for remunerating banks’ excess liquidity in the euro area: aims and possible side effects," Questioni di Economia e Finanza (Occasional Papers) 534, Bank of Italy, Economic Research and International Relations Area.
    41. Jeffrey R. Campbell & Thomas B. King & Anna Orlik & Rebecca Zarutskie, 2020. "Issues Regarding the Use of the Policy Rate Tool," Finance and Economics Discussion Series 2020-070, Board of Governors of the Federal Reserve System (U.S.).
    42. Whelsy Boungou, 2020. "Negative Interest Rates Policy and Banks' Risk-Taking: Empirical Evidence," Post-Print hal-03709855, HAL.
    43. Kwan, Simon H. & Ulate, Mauricio & Voutilainen, Ville, 2023. "The transmission of negative nominal interest rates in Finland," Bank of Finland Research Discussion Papers 6/2023, Bank of Finland.
    44. Kyriazis, Nikolaos & Corbet, Shaen, 2024. "Evaluating the dynamic connectedness of financial assets and bank indices during black-swan events: A Quantile-VAR approach," Energy Economics, Elsevier, vol. 131(C).
    45. Czudaj, Robert L., 2020. "Is the negative interest rate policy effective?," Journal of Economic Behavior & Organization, Elsevier, vol. 174(C), pages 75-86.
    46. Bats, Joost V. & Giuliodori, Massimo & Houben, Aerdt C.F.J., 2023. "Monetary policy effects in times of negative interest rates: What do bank stock prices tell us?," Journal of Financial Intermediation, Elsevier, vol. 53(C).
    47. Andreeva, Desislava & Coman, Andra & Everett, Mary & Froemel, Maren & Ho, Kelvin & Lloyd, Simon & Meunier, Baptiste & Pedrono, Justine & Reinhardt, Dennis & Wong, Andrew & Wong, Eric & Żochowski, Dawi, 2023. "Negative rates, monetary policy transmission and cross-border lending via international financial centres," Bank of England working papers 1010, Bank of England.
    48. Budnik, Katarzyna & Ponte Marques, Aurea & Giglio, Carla & Grassi, Alberto & Durrani, Agha & Figueres, Juan Manuel & Konietschke, Paul & Le Grand, Catherine & Metzler, Julian & Población García, Franc, 2024. "Advancements in stress-testing methodologies for financial stability applications," Occasional Paper Series 348, European Central Bank.
    49. Saki Bigio & Yuliy Sannikov, 2019. "A Model of Intermediation, Money, Interest, and Prices," Working Papers 150, Peruvian Economic Association.
    50. Margherita Bottero & Andrea F. Presbitero & Camelia Minoiu & Enrico Sette & Andrea Polo & José-Luis Peydró, 2019. "Expansionary Yet Different: Credit Supply and Real Effects of Negative Interest Rate Policy," Working Papers 1090, Barcelona School of Economics.
    51. W. Boungou & Charles Mawusi, 2021. "Bank lending margins in a negative interest rate environment," Post-Print hal-03439461, HAL.
    52. Stefan Kerbl & Katharina Steiner, 2020. "Austrian banks’ lending risk appetite in times of expansive monetary policy and tightening capital regulation," Financial Stability Report, Oesterreichische Nationalbank (Austrian Central Bank), issue 39, pages 89-109.
    53. Dora Xia & Jing Cynthia Wu, 2018. "The negative interest rate policy and the yield curve," BIS Working Papers 703, Bank for International Settlements.
    54. Andreeva, Desislava & García-Posada, Miguel, 2020. "The impact of the ECB’s targeted long-term refinancing operations on banks’ lending policies: the role of competition," Working Paper Series 2364, European Central Bank.
    55. Ruchir Agarwal & Miles Kimball, 2019. "Enabling Deep Negative Rates to Fight Recessions: A Guide," IMF Working Papers 2019/084, International Monetary Fund.
    56. Oliver de Groot & Alexander Haas, 2019. "The Signalling Channel of Negative Interest Rates," Working Papers 201905, University of Liverpool, Department of Economics.
    57. Martin Brown, 2020. "Negative Interest Rates and Bank Lending," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 21(01), pages 18-23, April.
    58. Döttling, Robin, 2023. "Bank Capital Regulation in a Zero Interest Environment," OSF Preprints 9dxzf, Center for Open Science.
    59. Paolo Cavallino & Mr. Damiano Sandri, 2018. "The Expansionary Lower Bound: Contractionary Monetary Easing and the Trilemma," IMF Working Papers 2018/236, International Monetary Fund.
    60. Javier Bianchi, 2022. "The Research Agenda: Javier Bianchi on Financial Crises and Prudential Policies," EconomicDynamics Newsletter, Review of Economic Dynamics, vol. 23(1), April.
    61. Markus K. Brunnermeier & Yann Koby, 2018. "The Reversal Interest Rate," NBER Working Papers 25406, National Bureau of Economic Research, Inc.
    62. Bongiovanni, Alessio & Reghezza, Alessio & Santamaria, Riccardo & Williams, Jonathan, 2021. "Do negative interest rates affect bank risk-taking?," Journal of Empirical Finance, Elsevier, vol. 63(C), pages 350-364.
    63. Grégory LEVIEUGE & Jean-Guillaume SAHUC, 2020. "Monetary policy transmission with downward interest rate rigidity," LEO Working Papers / DR LEO 2744, Orleans Economics Laboratory / Laboratoire d'Economie d'Orleans (LEO), University of Orleans.
    64. Gauti B. Eggertsson & Sergey K. Egiev, 2024. "Liquidity Traps: A Unified Theory of the Great Depression and Great Recession," NBER Working Papers 33195, National Bureau of Economic Research, Inc.
    65. Rafael Repullo, 2020. "The Deposits Channel of Monetary Policy. A Critical Review," Working Papers wp2020_2025, CEMFI.
    66. Böhl, Gregor, 2022. "Endogenous Money, Excess Reserves and Unconventional Monetary Policy," VfS Annual Conference 2022 (Basel): Big Data in Economics 264141, Verein für Socialpolitik / German Economic Association.
    67. Murota, Ryu-ichiro, 2019. "Negative interest rate policy in a permanent liquidity trap," MPRA Paper 93498, University Library of Munich, Germany.
    68. Avignone, Giuseppe & Girardone, Claudia & Pancaro, Cosimo & Pancotto, Livia & Reghezza, Alessio, 2022. "Making a virtue out of necessity: the effect of negative interest rates on bank cost efficiency," Working Paper Series 2718, European Central Bank.
    69. Romain Baeriswyl & Lucas Marc Fuhrer & Petra Gerlach & Jörn Tenhofen, 2021. "The dynamics of bank rates in a negative-rate environment - the Swiss case," Working Papers 2021-05, Swiss National Bank.
    70. van den End, Jan Willem & Konietschke, Paul & Samarina, Anna & Stanga, Irina M., 2021. "Macroeconomic reversal rate in a low interest rate environment," Working Paper Series 2620, European Central Bank.
    71. Stefan Schiman & Atanas Pekanov, 2020. "Uncertainty in the Euro Area During the First Wave of the COVID-19 Pandemic," WIFO Studies, WIFO, number 66708, January.
    72. Stefano Di Bucchianico, 2021. "Negative Interest Rate Policy to Fight Secular Stagnation: Unfeasible, Ineffective, Irrelevant, or Inadequate?," Review of Political Economy, Taylor & Francis Journals, vol. 33(4), pages 687-710, October.
    73. Burietz, Aurore & Picault, Matthieu, 2023. "To lend or not to lend? The ECB as the ‘intermediary of last resort’," Economic Modelling, Elsevier, vol. 122(C).
    74. Jean-Guillaume Sahuc & Mattia Girotti & Benoît Nguyen, 2022. "A Tiering Rule to Balance the Impact of Negative Policy Rates on Banks," Post-Print hal-03771765, HAL.
    75. Jorien Freriks & Jan Kakes, 2021. "Bank interest rate margins in a negative interest rate environment," Working Papers 721, DNB.
    76. Tayler, William J. & Zilberman, Roy, 2021. "Optimal Loan Loss Provisions and Welfare," Journal of Macroeconomics, Elsevier, vol. 69(C).
    77. Carlo Altavilla & Miguel Boucinha & Sarah Holton & Steven Ongena, 2021. "Credit Supply and Demand in Unconventional Times," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 53(8), pages 2071-2098, December.
    78. Tsutomu Watanabe & Tomoyoshi Yabu, 2019. "How Large is the Demand for Money at the ZLB? Evidence from Japan," CARF F-Series CARF-F-465, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
    79. Tsutomu Watanabe & Tomoyoshi Yabu, 2018. "The Demand for Money at the Zero Interest Rate Bound," CARF F-Series CARF-F-444, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
    80. Margherita Bottero & Ms. Camelia Minoiu & José-Luis Peydró & Andrea Polo & Mr. Andrea F Presbitero & Enrico Sette, 2019. "Negative Monetary Policy Rates and Portfolio Rebalancing: Evidence from Credit Register Data," IMF Working Papers 2019/044, International Monetary Fund.
    81. Cavallino, Paolo & Sandri, Damiano, 2023. "The open-economy ELB: Contractionary monetary easing and the trilemma," Journal of International Economics, Elsevier, vol. 140(C).
    82. Macaulay, Alistair, 2021. "The attention trap: Rational inattention, inequality, and fiscal policy," European Economic Review, Elsevier, vol. 135(C).
    83. Aleksander Berentsen & Hugo van Buggenum & Romina Ruprecht, 2020. "On the negatives of negative interest rates and the positives of exemption thresholds," ECON - Working Papers 372, Department of Economics - University of Zurich.
    84. Carlo Altavilla & Miguel Boucinha & Lorenzo Burlon, 2020. "The Economic Consequences of Negative Interest Rates," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 21(01), pages 13-17, April.
    85. Altavilla, Carlo & Boucinha, Miguel & Burlon, Lorenzo & Giannetti, Mariassunta & Schumacher, Julian, 2022. "Money markets and bank lending: evidence from the adoption of tiering," Working Paper Series 2649, European Central Bank.
    86. Roberto Savona, 2022. "Bank business models, negative policy rates, and prudential regulation," Annals of Finance, Springer, vol. 18(3), pages 355-392, September.
    87. Cynthia Balloch & Yann Koby & Mauricio Ulate, 2022. "Making Sense of Negative Nominal Interest Rates," Working Paper Series 2022-12, Federal Reserve Bank of San Francisco.
    88. Tsutomu Watanabe, 2021. "The Welfare Implications of Massive Money Injection: The Japanese Experience from 2013 to 2020," Asian Economic Policy Review, Japan Center for Economic Research, vol. 16(2), pages 224-242, July.
    89. Boungou, Whelsy & Osei-Tutu, Francis & Taylor, Daniel, 2024. "Negative interest rate policy and banks' earnings management," Economics Letters, Elsevier, vol. 237(C).
    90. Glocker, C., 2021. "Reserve requirements and financial stability," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 71(C).
    91. Fuster, Andreas & Schelling, Tan & Towbin, Pascal, 2024. "Tiers of joy? Reserve tiering and bank behavior in a negative-rate environment," Journal of Monetary Economics, Elsevier, vol. 148(C).
    92. Lauritzen, Jacob Bratshaug, 2022. "One size fits all? Effects of the zero lower bound on bank lending across countries," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 81(C).
    93. Marcel Barmeier, 2022. "The new normal: bank lending and negative interest rates in Austria (Marcel Barmeier)," Working Papers 242, Oesterreichische Nationalbank (Austrian Central Bank).
    94. Simon Cornée & Marc Jegers & Ariane Szafarz, 2022. "Feasible Institutions of Social Finance: A Taxonomy," Post-Print hal-03830596, HAL.
    95. Andersson, Fredrik N.G. & Jonung, Lars, 2020. "Lessons from the Swedish Experience with Negative Central Bank Rates," Working Papers 2020:15, Lund University, Department of Economics.
    96. Kiyotaka Nakashima & Masahiko Shibamoto & Koji Takahashi, 2019. "Identifying Quantitative and Qualitative Monetary Policy Shocks," Discussion Paper Series DP2019-09, Research Institute for Economics & Business Administration, Kobe University, revised Mar 2023.
    97. Mauricio Ulate, 2021. "Alternative Models of Interest Rate Pass-Through in Normal and Negative Territory," International Journal of Central Banking, International Journal of Central Banking, vol. 17(1), pages 3-34, March.
    98. Juelsrud, Ragnar E., 2021. "Deposit concentration at financial intermediaries," Economics Letters, Elsevier, vol. 199(C).
    99. Maximilian Grimm, 2024. "The Effect of Monetary Policy on Systemic Bank Funding Stability," ECONtribute Discussion Papers Series 341, University of Bonn and University of Cologne, Germany.
    100. Luis Brandao-Marques & Marco Casiraghi & Gaston Gelos & Gunes Kamber & Roland Meeks, 2021. "Negative Interest Rate Policies: Taking Stock of the Experience So Far," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 22(06), pages 27-32, November.
    101. Luccas Assis Attilio, 2024. "Transmission and impact of stock market shocks on the world economy," Central Bank Review, Research and Monetary Policy Department, Central Bank of the Republic of Turkey, vol. 24(1).
    102. Christian Stettler, 2020. "Loss Averse Depositors and Monetary Policy around Zero," KOF Working papers 20-476, KOF Swiss Economic Institute, ETH Zurich.
    103. Rafael Repullo, 2020. "The Reversal Interest Rate. A Critical Review," Working Papers wp2020_2021, CEMFI.
    104. William John Tayler & Roy Zilberman, 2019. "Unconventional Policies in State-Contingent Liquidity Traps," Working Papers 257107351, Lancaster University Management School, Economics Department.
    105. Dong, Xueqi & Liu, Shuo Li, 2021. "Proportional Tax under Ambiguity," MPRA Paper 107668, University Library of Munich, Germany.
    106. Koenig, Philipp J. & Schliephake, Eva, 2021. "Bank risk-taking and impaired monetarypolicy transmission," Discussion Papers 42/2021, Deutsche Bundesbank.
    107. Grandi, Pietro & Guille, Marianne, 2023. "Banks, deposit rigidity and negative rates," Journal of International Money and Finance, Elsevier, vol. 133(C).
    108. Nicolas Reigl & Karsten Staehr, 2020. "Negative Interest Rates in the Five Eurozone Countries from Central and Eastern Europe," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 21(01), pages 24-30, April.
    109. Goodhart, C. A. E. & Kabiri, Ali, 2019. "Monetary policy and bank profitability in a low interest rate environment: a follow-up and a rejoinder," LSE Research Online Documents on Economics 100968, London School of Economics and Political Science, LSE Library.
    110. Heider, Florian & Leonello, Agnese, 2021. "Monetary Policy in a Low Interest Rate Environment: Reversal Rate and Risk-Taking," Working Paper Series 2593, European Central Bank.
    111. Laeven, Luc & Maddaloni, Angela & Mendicino, Caterina, 2022. "Monetary policy, macroprudential policy and financial stability," Working Paper Series 2647, European Central Bank.
    112. Di Bucchianico, Stefano, 2020. "Discussing Secular Stagnation: A case for freeing good ideas from theoretical constraints?," Structural Change and Economic Dynamics, Elsevier, vol. 55(C), pages 288-297.
    113. Aleksander Berentsen & Romina Ruprecht & Hugo van Buggenum, 2023. "On the Negatives of Negative Interest Rates," Finance and Economics Discussion Series 2023-064, Board of Governors of the Federal Reserve System (U.S.).
    114. Ampudia, Miguel & Van den Heuvel, Skander J., 2022. "Monetary Policy and Bank Equity Values in a Time of Low and Negative Interest Rates," Journal of Monetary Economics, Elsevier, vol. 130(C), pages 49-67.
    115. Ankargren, Sebastian & Shahnazarian, Hovick, 2019. "The Interaction Between Fiscal and Monetary Policies: Evidence from Sweden," Working Paper Series 365, Sveriges Riksbank (Central Bank of Sweden), revised 01 Apr 2019.
    116. Kolasa, Marcin & Laséen, Stefan & Lindé, Jesper, 2025. "Unconventional Monetary Policies in Small Open Economies," Working Paper Series 450, Sveriges Riksbank (Central Bank of Sweden).
    117. Present, Thomas & Simoens, Mathieu & Vander Vennet, Rudi, 2023. "European bank margins at the zero lower bound," Journal of International Money and Finance, Elsevier, vol. 131(C).
    118. Mark M. Spiegel, 2025. "The Bank Lending Channel Is Back," Working Paper Series 2025-04, Federal Reserve Bank of San Francisco.
    119. Junttila, Juha & Perttunen, Jukka & Raatikainen, Juhani, 2021. "Keep the faith in banking: New evidence for the effects of negative interest rates based on the case of Finnish cooperative banks," International Review of Financial Analysis, Elsevier, vol. 75(C).
    120. Michael D. Bordo & Andrew T. Levin, 2019. "Digital Cash: Principles & Practical Steps," NBER Working Papers 25455, National Bureau of Economic Research, Inc.
    121. Rostagno, Massimo & Altavilla, Carlo & Carboni, Giacomo & Lemke, Wolfgang & Motto, Roberto & Saint Guilhem, Arthur & Yiangou, Jonathan, 2019. "A tale of two decades: the ECB’s monetary policy at 20," Working Paper Series 2346, European Central Bank.
    122. Sims, Eric & Wu, Jing Cynthia, 2021. "Evaluating Central Banks’ tool kit: Past, present, and future," Journal of Monetary Economics, Elsevier, vol. 118(C), pages 135-160.
    123. Milan Šimáček, 2021. "Transmise měnové politiky a spodní efektivní hranice měnověpolitické úrokové sazby [Monetary Policy Transmission and Effective Lower Limit of Monetary Policy Interest Rates]," Politická ekonomie, Prague University of Economics and Business, vol. 2021(2), pages 227-253.
    124. Luigi Oddo & Mile Bosnjak, 2021. "A comparative analysis of the monetary policy transmission channels in the U.S: a wavelet-based approach," Applied Economics, Taylor & Francis Journals, vol. 53(38), pages 4448-4463, August.

  16. Łukasz Rachel & Lawrence H. Summers, 2019. "On Secular Stagnation in the Industrialized World," NBER Working Papers 26198, National Bureau of Economic Research, Inc.

    Cited by:

    1. Georgios Symeonidis & Platon Tinios & Panos Xenos, 2020. "Enhancing Pension Adequacy While Reducing the Fiscal Budget and Creating Essential Capital for Domestic Investments and Growth: Analysing the Risks and Outcomes in the Case of Greece," Risks, MDPI, vol. 9(1), pages 1-17, December.
    2. Rodolfo G. Campos & Jesús Fernández-Villaverde & Galo Nuño & Peter Paz, 2024. "Navigating by Falling Stars: Monetary Policy with Fiscally Driven Natural Rates," NBER Working Papers 32219, National Bureau of Economic Research, Inc.
    3. Benjamin F. Jones & Lawrence H. Summers, 2020. "A Calculation of the Social Returns to Innovation," NBER Working Papers 27863, National Bureau of Economic Research, Inc.
    4. Benjamin Moll & Lukasz Rachel & Pascual Restrepo, 2021. "Uneven Growth: Automation's Impact on Income and Wealth Inequality," NBER Working Papers 28440, National Bureau of Economic Research, Inc.
    5. Martin Kuncl & Dmitry Matveev, 2023. "The Canadian Neutral Rate of Interest through the Lens of an Overlapping-Generations Model," Discussion Papers 2023-5, Bank of Canada.
    6. Frank W. Geels & Jonatan Pinkse & Dimitri Zenghelis, 2021. "Productivity opportunities and risks in a transformative,low-carbon and digital age," Working Papers 009, The Productivity Institute.
    7. Philipp Heimberger, 2020. "Österreichs Fiskalpolitik im europäischen Kontext: Handlungsspielräume bei niedrigen Zinsen und Wirtschaftsabschwung," wiiw Research Reports in German language 16, The Vienna Institute for International Economic Studies, wiiw.
    8. Andrew Mason & Ronald Lee & members of the NTA Network, 2022. "Six Ways Population Change Will Affect the Global Economy," Population and Development Review, The Population Council, Inc., vol. 48(1), pages 51-73, March.
    9. M. Marx & B. Mojon & F. Velde, 2017. "Why Have Interest Rates Fallen far Below the Return on Capital," Working papers 630, Banque de France.
    10. Mireille Chiroleu-Assouline & Mouez Fodha, 2023. "Debt, tax and environmental policy [Dette, taxe et politique environnementale]," PSE-Ecole d'économie de Paris (Postprint) halshs-04181981, HAL.
    11. Billi, Roberto & Galí, Jordi & Nakov, Anton, 2024. "Optimal monetary policy with r∗<0," Journal of Monetary Economics, Elsevier, vol. 142(C).
    12. Demary, Markus & Niehues, Judith & Stockhausen, Maximilian & Zdrzalek, Jonas, 2021. "Der Einfluss der EZB-Geldpolitik auf die Vermögensverteilung in Deutschland," Studien, Stiftung Familienunternehmen / Foundation for Family Businesses, number 250019.
    13. Brand, Claus & Goy, Gavin W & Lemke, Wolfgang, 2020. "Natural rate chimera and bond pricing reality," VfS Annual Conference 2020 (Virtual Conference): Gender Economics 224546, Verein für Socialpolitik / German Economic Association.
    14. Philippe Bacchetta & Kenza Benhima & Jean-Paul Renne, 2022. "Understanding Swiss real interest rates in a financially globalized world," Swiss Journal of Economics and Statistics, Springer;Swiss Society of Economics and Statistics, vol. 158(1), pages 1-17, December.
    15. Joseph Kopecky & Alan M. Taylor, 2020. "The Murder-Suicide of the Rentier: Population Aging and the Risk Premium," Trinity Economics Papers tep1220, Trinity College Dublin, Department of Economics.
    16. Gábor P. Kiss, 2020. "Aggregate Fiscal Stabilisation Policy: Panacea or Scapegoat?," Financial and Economic Review, Magyar Nemzeti Bank (Central Bank of Hungary), vol. 19(2), pages 55-87.
    17. Marion Davin & Mouez Fodha & Thomas Seegmuller, 2019. "Pollution in a globalized world: Are debt transfers among countries a solution?," Working Papers halshs-02303265, HAL.
    18. Francisco Amaral & Martin Dohmen & Sebastian Kohl & Moritz Schularick, 2024. "Interest Rates and the Spatial Polarization of Housing Markets," American Economic Review: Insights, American Economic Association, vol. 6(1), pages 89-104, March.
    19. Gersbach, Hans & Rochet, Jean-Charles & von Thadden, Ernst-Ludwig, 2023. "Public Debt and the Balance Sheet of the Private Sector," TSE Working Papers 23-1412, Toulouse School of Economics (TSE).
    20. Strauss, Ilan & Yang, Jangho, 2024. "Testing for secular stagnation in investment rates using a Bayesian multilevel model," Structural Change and Economic Dynamics, Elsevier, vol. 70(C), pages 351-364.
    21. Carvalho, Carlos & Ferrero, Andrea & Mazin, Felipe & Nechio, Fernanda, 2023. "Demographics and Real Interest Rates Across Countries and Over Time," CEPR Discussion Papers 18616, C.E.P.R. Discussion Papers.
    22. Strauss, Ilan & Yang, Jangho, 2020. "Corporate Secular Stagnation: Empirical Evidence on the Advanced Economy Investment Slowdown," INET Oxford Working Papers 2019-16, Institute for New Economic Thinking at the Oxford Martin School, University of Oxford.
    23. Małgorzata Kokocińska & Marcin Nowak & Paweł Łopatka, 2020. "Measuring the Efficiency of Economic Growth towards Sustainable Growth with Grey System Theory," Sustainability, MDPI, vol. 12(23), pages 1-17, December.
    24. Debrun, Xavier & Masuch, Klaus & Ferrero, Guiseppe & Vansteenkiste, Isabel & Ferdinandusse, Marien & von Thadden, Leopold & Hauptmeier, Sebastian & Alloza, Mario & Derouen, Chloé & Bańkowski, Krzyszto, 2021. "Monetary-fiscal policy interactions in the euro area," Occasional Paper Series 273, European Central Bank.
    25. Taylor, Alan M. & Davis, Josh & Fuenzalida, Cristian, 2019. "The Natural Rate Puzzle: Global Macro Trends and the Market-Implied r," CEPR Discussion Papers 14201, C.E.P.R. Discussion Papers.
    26. Paolo Mauro & Jing Zhou, 2021. "$$r-g," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 69(1), pages 197-229, March.
    27. Davis, Josh & Fuenzalida, Cristian & Huetsch, Leon & Mills, Benjamin & Taylor, Alan M., 2024. "Global natural rates in the long run: Postwar macro trends and the market-implied r∗ in 10 advanced economies," Journal of International Economics, Elsevier, vol. 149(C).
    28. Alexander Mechanick & Jacob P. Weber, 2024. "The Countercyclical Benefits of Regulatory Costs," Staff Reports 1109, Federal Reserve Bank of New York.
    29. Andrea Papetti, 2021. "Population aging, relative prices and capital flows across the globe," Temi di discussione (Economic working papers) 1333, Bank of Italy, Economic Research and International Relations Area.
    30. Darracq Pariès, Matthieu & Notarpietro, Alessandro & Kilponen, Juha & Papadopoulou, Niki & Zimic, Srečko & Aldama, Pierre & Langenus, Geert & Alvarez, Luis Julian & Lemoine, Matthieu & Angelini, Elena, 2021. "Review of macroeconomic modelling in the Eurosystem: current practices and scope for improvement," Occasional Paper Series 267, European Central Bank.
    31. 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.
    32. Sanjay R. Singh & Nicolas Caramp, 2020. "Bond Premium Cyclicality and Liquidity Traps," Working Papers 336, University of California, Davis, Department of Economics.
    33. Atif Mian & Ludwig Straub & Amir Sufi, 2021. "What explains the decline in r ∗ ? Rising income inequality versus demographic shifts," Working Papers 2021-12, Princeton University. Economics Department..
    34. Wu, Chunzan, 2021. "More unequal income but less progressive taxation," Journal of Monetary Economics, Elsevier, vol. 117(C), pages 949-968.
    35. Ambrocio, Gene, 2023. "Demographic aging and the New Keynesian Phillips Curve," Bank of Finland Research Discussion Papers 16/2023, Bank of Finland.
    36. World Bank, "undated". "World Bank East Asia and Pacific Economic Update, April 2021," World Bank Publications - Reports 35272, The World Bank Group.
    37. Gianluca Benigno & Boris Hofmann & Galo Nuño Barrau & Damiano Sandri, 2024. "Quo vadis, r*? The natural rate of interest after the pandemic," BIS Quarterly Review, Bank for International Settlements, March.
    38. Jacopo Bonchi & Giacomo Caracciolo, 2021. "Declining natural interest rate in the US: the pension system matters," Temi di discussione (Economic working papers) 1317, Bank of Italy, Economic Research and International Relations Area.
    39. Marcin Bielecki & Michał Brzoza-Brzezina & Marcin Kolasa, 2020. "Demographics and the natural interest rate in the euro area," Working Papers 2020-24, Faculty of Economic Sciences, University of Warsaw.
    40. Daniel Rees & Guofeng Sun, 2021. "The natural interest rate in China," BIS Working Papers 949, Bank for International Settlements.
    41. Inês Xavier, 2022. "Bubbles and Stagnation," Finance and Economics Discussion Series 2022-033, Board of Governors of the Federal Reserve System (U.S.).
    42. Challe, Edouard & Matvieiev, Mykhailo, 2024. "On natural interest rate volatility," European Economic Review, Elsevier, vol. 167(C).
    43. Edward N. Wolff, 2021. "The declining wealth of the middle class, 1983–2016," Contemporary Economic Policy, Western Economic Association International, vol. 39(3), pages 461-478, July.
    44. Tomas, Casas i Klett & Guido, Cozzi, 2020. "Elite Quality Report 2020," MPRA Paper 102768, University Library of Munich, Germany.
    45. Papetti, Andrea, 2019. "Demographics and the natural real interest rate: historical and projected paths for the euro area," Working Paper Series 2258, European Central Bank.
    46. Pfeiffer, Philipp & Roeger, Werner & Vogel, Lukas, 2021. "Optimal fiscal policy with low interest rates for government debt," Journal of Economic Dynamics and Control, Elsevier, vol. 132(C).
    47. Jacopo Bonchi & Guido Caracciolo, 2022. "Declining US Natural Interest Rate: Quantifying and Qualifying the Role of Pensions," Working Papers 506, University of Milano-Bicocca, Department of Economics, revised Dec 2022.
    48. Kathryn Holston & Thomas Laubach & John C. Williams, 2023. "Measuring the Natural Rate of Interest after COVID-19," Staff Reports 1063, Federal Reserve Bank of New York.
    49. Robert Barsky & Matthew Easton, 2021. "The global saving glut and the fall in U.S. real interest rates: A 15-year retrospective," Economic Perspectives, Federal Reserve Bank of Chicago, issue EP-2021-1, pages 1-15, March.
    50. Kim, Myunghyun, 2024. "Declining real interest rates: The role of energy prices in energy importers," Energy Economics, Elsevier, vol. 129(C).
    51. Federico Bassi, 2020. "Chronic Excess Capacity and Unemployment Hysteresis in EU Countries. A Structural Approach," DISCE - Working Papers del Dipartimento di Economia e Finanza def091, Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE).
    52. Chmielewska Anna & Sławiński Andrzej, 2021. "Climate crisis, central banks and the IMF reform," Economics and Business Review, Sciendo, vol. 7(4), pages 7-27, December.
    53. Arthur Jacobs & Freddy Heylen, 2021. "Demographic change, secular stagnation and inequality: automation as a blessing?," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 21/1030, Ghent University, Faculty of Economics and Business Administration.
    54. Thiago Revil T. Ferreira & Samer Shousha, 2021. "Supply of Sovereign Safe Assets and Global Interest Rates," International Finance Discussion Papers 1315, Board of Governors of the Federal Reserve System (U.S.).
    55. Di Bucchianico, Stefano, 2020. "Discussing Secular Stagnation: A case for freeing good ideas from theoretical constraints?," Structural Change and Economic Dynamics, Elsevier, vol. 55(C), pages 288-297.
    56. Martin Fleming, 2021. "Productivity Growth and Capital Deepening in the Fourth Industrial Revolution," Working Papers 010, The Productivity Institute.
    57. Acocella, Nicola, 2021. "Stagnation," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 74(2), pages 121-140.
    58. Kösem, Sevim, 2021. "Income inequality, mortgage debt and house prices," Bank of England working papers 921, Bank of England.
    59. Mongelli, Francesco Paolo & Pointner, Wolfgang & van den End, Jan Willem, 2022. "The effects of climate change on the natural rate of interest: a critical survey," Working Paper Series 2744, European Central Bank.
    60. Di Bucchianico, Stefano, 2021. "Inequality, household debt, ageing and bubbles: A model of demand-side Secular Stagnation," IPE Working Papers 160/2021, Berlin School of Economics and Law, Institute for International Political Economy (IPE).

  17. Benjamin A. Austin & Edward L. Glaeser & Lawrence H. Summers, 2018. "Jobs for the Heartland: Place-Based Policies in 21st Century America," NBER Working Papers 24548, National Bureau of Economic Research, Inc.

    Cited by:

    1. Yang Shen & Jing Wu & Shuping Wu, 2022. "City‐chief turnover and place‐based policy change: Evidence from China," Journal of Regional Science, Wiley Blackwell, vol. 62(5), pages 1296-1328, November.
    2. Adam Scavette, 2023. "The Economic Impact of a Casino Monopoly: Evidence from Atlantic City," Working Paper 23-07, Federal Reserve Bank of Richmond.
    3. Rodríguez-Pose, Andrés & Storper, Michael, 2019. "Housing, urban growth and inequalities: the limits to deregulation and upzoning in reducing economic and spatial inequality," LSE Research Online Documents on Economics 100738, London School of Economics and Political Science, LSE Library.
    4. Sarah Armitage & Noël Bakhtian & Adam Jaffe, 2024. "Innovation Market Failures and the Design of New Climate Policy Instruments," Environmental and Energy Policy and the Economy, University of Chicago Press, vol. 5(1), pages 4-48.
    5. Daron Acemoglu & Andrea Manera & Pascual Restrepo, 2020. "Does the US Tax Code Favor Automation?," NBER Working Papers 27052, National Bureau of Economic Research, Inc.
    6. Henkel, Marcel & Seidel, Tobias & Südekum, Jens, 2019. "Fiscal transfers in the spatial economy," DICE Discussion Papers 322, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
    7. Michael Wasylenko, 2020. "New York State Economic Status of Regions and Development Programs," Center for Policy Research Working Papers 220, Center for Policy Research, Maxwell School, Syracuse University.
    8. Patricia G Rice & Anthony J Venables, 2021. "The persistent consequences of adverse shocks: how the 1970s shaped UK regional inequality," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 37(1), pages 132-151.
    9. Eduardo A. Haddad & Luis A. Galvis & Inácio F. Araújo-Junior & Vinicius A.Vale, 2018. "Impact Assessment of Scenarios of Interregional Transfers in Colombia," Documentos de trabajo sobre Economía Regional y Urbana 272, Banco de la Republica de Colombia.
    10. Dong, Xiaofang & Zheng, Siqi & Kahn, Matthew E., 2020. "The role of transportation speed in facilitating high skilled teamwork across cities," Journal of Urban Economics, Elsevier, vol. 115(C).
    11. Brad Hershbein & Bryan A. Stuart, 2024. "The Evolution of Local Labor Markets after Recessions," American Economic Journal: Applied Economics, American Economic Association, vol. 16(3), pages 399-435, July.
    12. David Autor & David Dorn & Gordon H. Hanson, 2021. "On the Persistence of the China Shock," NBER Working Papers 29401, National Bureau of Economic Research, Inc.
    13. Jakubik, Adam & Stolzenburg, Victor, 2018. "The "China shock" revisited: Insights from value added trade flows," WTO Staff Working Papers ERSD-2018-10, World Trade Organization (WTO), Economic Research and Statistics Division.
    14. Ben Armstrong, 2021. "Industrial Policy and Local Economic Transformation: Evidence From the U.S. Rust Belt," Economic Development Quarterly, , vol. 35(3), pages 181-196, August.
    15. Gibbons, Stephen & Overman, Henry G. & Sarvimäki, Matti, 2021. "The local economic impacts of regeneration projects: evidence from UK’s single regeneration budget," LSE Research Online Documents on Economics 108233, London School of Economics and Political Science, LSE Library.
    16. Ciani, Emanuele & David, Francesco & de Blasio, Guido, 2019. "Local responses to labor demand shocks: A Re-assessment of the case of Italy," Regional Science and Urban Economics, Elsevier, vol. 75(C), pages 1-21.
    17. Masao Fukui & Emi Nakamura & Jón Steinsson, 2023. "Women, Wealth Effects, and Slow Recoveries," American Economic Journal: Macroeconomics, American Economic Association, vol. 15(1), pages 269-313, January.
    18. Richard McGahey, 2023. "Policy, Empirical Analysis, and Equity: Challenges for Research," Economic Development Quarterly, , vol. 37(1), pages 77-84, February.
    19. Glaeser, Edward L., 2022. "What can developing cities today learn from the urban past?," Regional Science and Urban Economics, Elsevier, vol. 94(C).
    20. Brad Hershbein & Bryan Stuart, 2022. "Place-Based Consequences of Person-Based Transfer: Evidence from Recessions," Working Papers 22-08, Federal Reserve Bank of Philadelphia.
    21. Jacob E. Bastian, 2024. "The EITC in rural and economically distressed areas: More bang per buck?," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 31(1), pages 136-159, February.
    22. Mike Zabek, 2019. "Local Ties in Spatial Equilibrium," Finance and Economics Discussion Series 2019-080, Board of Governors of the Federal Reserve System (U.S.).
    23. Fabian Eckert & Michael Peters, 2022. "Spatial Structural Change," NBER Working Papers 30489, National Bureau of Economic Research, Inc.
    24. Tyler Morin & Mark Partridge, 2021. "The Impact of Small Regional Economic Development Commissions: Is There Any Bang After Just a Few Bucks?," Economic Development Quarterly, , vol. 35(1), pages 22-39, February.
    25. Robert S. Chirinko, 2022. "Is a State Bank a Useful Economic Development Tool in the United States?," CESifo Working Paper Series 10098, CESifo.
    26. Jens Suedekum, 2022. "Proactive regional policy: What a new policy to avoid socio-economic disruptions could look like," Working Papers 6, Forum New Economy.
    27. Südekum, Jens, 2021. "Place-based policies - How to do them and why," DICE Discussion Papers 367, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
    28. Winters, John V., 2022. "No Place like Home: Place-Based Attachments and Regional Science," IZA Discussion Papers 15451, Institute of Labor Economics (IZA).
    29. Jiaqi Ge & Bernardo Alves Furtado, 2024. "Modelling urban transition with coupled housing and labour markets," Environment and Planning B, , vol. 51(3), pages 590-609, March.
    30. Redding, Stephen, 2020. "Trade and Geography," CEPR Discussion Papers 15268, C.E.P.R. Discussion Papers.
    31. Dylan S Connor & Aleksander K BergArizona & Tom Kemeny & Peter J Kedron, 2024. "Who gets left behind by left behind places?," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 17(1), pages 37-58.
    32. David Horan, 2019. "A New Approach to Partnerships for SDG Transformations," Sustainability, MDPI, vol. 11(18), pages 1-22, September.
    33. Eric J. Brunner & Shaun Dougherty & Stephen L. Ross, 2019. "The Effects of Career and Technical Education: Evidence from the Connecticut Technical High School System," Working papers 2019-13, University of Connecticut, Department of Economics.
    34. Nian Meng & Zhang Haipeng & Wang Yao, 2024. "The Growth Contribution of China’s Regional Coordinated Development Strategy—On the Dispute of Regional Policy Paths," China Finance and Economic Review, De Gruyter, vol. 13(4), pages 24-44.
    35. Emanuele Ciani & Adele Grompone & Elisabetta Olivieri, 2019. "Long-term unemployment and subsidies for permanent employment," Temi di discussione (Economic working papers) 1249, Bank of Italy, Economic Research and International Relations Area.
    36. Pahontu, Raluca L., 2022. "Divisive jobs: three facets of risk, precarity, and redistribution," LSE Research Online Documents on Economics 111593, London School of Economics and Political Science, LSE Library.
    37. Wolfgang Dauth & Sebastian Findeisen & Enrico Moretti & Jens Suedekum, 2018. "Matching in Cities," NBER Working Papers 25227, National Bureau of Economic Research, Inc.
    38. Zhao, Chuanmin & Qu, Xi, 2024. "Place-based policies, rural employment, and intra-household resources allocation: Evidence from China’s economic zones," Journal of Development Economics, Elsevier, vol. 167(C).
    39. Michael J. Hicks & Dagney Faulk, 2024. "The Impact of a State-Level, Place-Based Economic Development Program: A Difference-in-Differences Approach," Economic Development Quarterly, , vol. 38(3), pages 195-208, August.
    40. Kemeny, Thomas & Storper, Michael, 2020. "Superstar cities and left-behind places: disruptive innovation, labor demand, and interregional inequality," LSE Research Online Documents on Economics 103312, London School of Economics and Political Science, LSE Library.
    41. Diaz, Antonia & Jáñez, Álvaro & Wellschmied, Felix, 2023. "Geographic Mobility over the Life-Cycle," IZA Discussion Papers 15896, Institute of Labor Economics (IZA).
    42. Kitchens, Carl & Wallace, Cullen T., 2022. "The impact of place-based poverty relief: Evidence from the Federal Promise Zone Program," Regional Science and Urban Economics, Elsevier, vol. 95(C).
    43. Kemeny, Tom & Storper, Michael, 2022. "The changing shape of spatial inequality in the United States," SocArXiv wnd8t, Center for Open Science.
    44. Giuseppe Albanese & Guglielmo Barone & Guido de Blasio, 2019. "Populist Voting and Losers’ Discontent: Does Redistribution Matter?," "Marco Fanno" Working Papers 0239, Dipartimento di Scienze Economiche "Marco Fanno".
    45. Garin, Andrew, 2019. "Putting America to work, where? Evidence on the effectiveness of infrastructure construction as a locally targeted employment policy," Journal of Urban Economics, Elsevier, vol. 111(C), pages 108-131.
    46. Batabyal, Amitrajeet & Beladi, Hamid, 2021. "The Response of Creative Class Members to Regions Vying to Attract Them with Subsidies," MPRA Paper 110446, University Library of Munich, Germany, revised 29 Sep 2021.
    47. Morin, Tyler & Partridge, Mark, 2019. "The Economic Impact of Small Regional Commissions: Evidence from the Delta Regional Authority," MPRA Paper 95200, University Library of Munich, Germany.
    48. Patrick Coate & Pawel Krolikowski & Mike Zabek, 2017. "Parental Proximity and Earnings after Job Displacements," Working Papers (Old Series) 1722, Federal Reserve Bank of Cleveland.
    49. Benjamin K. Couillard & Christopher L. Foote, 2019. "Recent Employment Growth in Cities, Suburbs, and Rural Communities," Working Papers 19-20, Federal Reserve Bank of Boston.
    50. Raj Chetty & John N. Friedman & Michael Stepner & The Opportunity Insights Team, 2020. "The Economic Impacts of COVID-19: Evidence from a New Public Database Built Using Private Sector Data," NBER Working Papers 27431, National Bureau of Economic Research, Inc.
    51. Giuseppe Albanese & Emanuele Ciani & Guido de Blasio, 2019. "Anything new in town? The local effects of Urban Regeneration Policies in Italy," Temi di discussione (Economic working papers) 1214, Bank of Italy, Economic Research and International Relations Area.
    52. Laurel Wheeler, 2019. "Property Rights, Place-Based Policies, and Economic Development," Working Papers 19-16, Center for Economic Studies, U.S. Census Bureau.
    53. Eriksson, Katherine & Russ, Katheryn N. & Shambaugh, Jay C. & Xu, Minfei, 2021. "Trade shocks and the shifting landscape of U.S. manufacturing," Journal of International Money and Finance, Elsevier, vol. 111(C).
    54. Tom Kemeny & Michael Storper, 2024. "The Changing Shape of Spatial Income Disparities in the United States," Economic Geography, Taylor & Francis Journals, vol. 100(1), pages 1-30, January.
    55. Samuel Taylor & Heather M. Stephens & Daniel Grossman, 2022. "The opioid crisis and economic distress: Consequences for population change," Journal of Regional Science, Wiley Blackwell, vol. 62(2), pages 541-577, March.
    56. Berbée, Paul & Braun, Sebastian Till & Franke, Richard, 2022. "Reversing Fortunes of German Regions, 1926–2019: Boon and Bane of Early Industrialization?," IZA Discussion Papers 15463, Institute of Labor Economics (IZA).
    57. Antonio Accetturo & Giuseppe Albanese & Alessio D'Ignazio, 2020. "A new phoenix? Large plants regeneration policies in Italy," Journal of Regional Science, Wiley Blackwell, vol. 60(5), pages 878-902, November.
    58. Ugo Rossi, 2020. "Fake friends: The illusionist revision of Western urbanology at the time of platform capitalism," Urban Studies, Urban Studies Journal Limited, vol. 57(5), pages 1105-1117, April.
    59. Cuciniello, Vincenzo & Michelacci, Claudio & Paciello, Luigi, 2023. "Subsidizing Business Entry in Competitive Credit Markets," CEPR Discussion Papers 18335, C.E.P.R. Discussion Papers.
    60. Seidel Tobias, 2024. "Optimale regionale Transfers," Wirtschaftsdienst, Sciendo, vol. 104(11), pages 763-767.
    61. de Groot, Oliver & Hauptmeier, Sebastian & Holm-Hadulla, Fédéric & Nikalexi, Katerina, 2020. "Monetary policy and regional inequality," Working Paper Series 2385, European Central Bank.
    62. Eriksson, Katherine & Russ, Katheryn N. & Shambaugh, Jay C. & Xu, Minfei, 2021. "Reprint: Trade shocks and the shifting landscape of U.S. manufacturing," Journal of International Money and Finance, Elsevier, vol. 114(C).
    63. 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).
    64. Abuselidze, George, 2019. "Анализ На Формирането И Прилагането На Бюджетни Политики, Осигуряващи Социално-Икономическото Развитие На Административнотериториалните Единици [Analysis of the formation and use of budgetary polic," MPRA Paper 99889, University Library of Munich, Germany.
    65. Petach, Luke & Weiler, Stephan & Conroy, Tessa, 2021. "It’s a wonderful loan: local financial composition, community banks, and economic resilience," Journal of Banking & Finance, Elsevier, vol. 126(C).
    66. Buchheim, Lukas & Watzinger, Martin & Wilhelm, Matthias, 2020. "Job creation in tight and slack labor markets," Journal of Monetary Economics, Elsevier, vol. 114(C), pages 126-143.
    67. Eliasson, Kent & Haapanen, Mika & Westerlund, Olle, 2019. "Regional concentration of university graduates: The role of high school grades and parental background," Umeå Economic Studies 966, Umeå University, Department of Economics.
    68. Chauvin, Juan Pablo, 2024. "Local Education Spending and Migration: Evidence from a Large Redistribution Program," IDB Publications (Working Papers) 13497, Inter-American Development Bank.
    69. Michael Hüther, 2020. "Der amerikanische Traum ist ausgeträumt," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 100(12), pages 918-923, December.
    70. David H. Autor, 2019. "Work of the Past, Work of the Future," AEA Papers and Proceedings, American Economic Association, vol. 109, pages 1-32, May.
    71. Jason Barr & Jennifer Johnson, 2020. "Skyscrapers and the Happiness of Cities," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 46(2), pages 344-377, April.
    72. Eliasson, Kent & Hansson, Pär & Lindvert, Markus, 2019. "Regional employment effects of MNE offshoring," Working Papers 2019:1, Örebro University, School of Business.
    73. Cameron LAPOINT & Shogo SAKABE, 2021. "Place-Based Policies and the Geography of Corporate Investment," Discussion papers 21059, Research Institute of Economy, Trade and Industry (RIETI).
    74. Maria Abreu & Özge Öner, 2020. "Disentangling the Brexit vote: The role of economic, social and cultural contexts in explaining the UK’s EU referendum vote," Environment and Planning A, , vol. 52(7), pages 1434-1456, October.
    75. Edward L. Glaeser & Naomi Hausman, 2019. "The Spatial Mismatch Between Innovation and Joblessness," NBER Working Papers 25913, National Bureau of Economic Research, Inc.
    76. Juan Carlos Lopez, 2022. "Will Increasing Housing Supply Reduce Urban Inequality?," International Regional Science Review, , vol. 45(4), pages 383-416, July.
    77. Margaret Frank, Mary & Hoopes, Jeffrey L. & Lester, Rebecca, 2022. "What determines where opportunity knocks? Political affiliation in the selection of Opportunity Zones," Journal of Public Economics, Elsevier, vol. 206(C).
    78. Miriam Fritzsche, 2024. "De-industrialization, local joblessness and the male-female employment gap," Berlin School of Economics Discussion Papers 0040, Berlin School of Economics.
    79. David M. Cutler & Edward L. Glaeser, 2021. "When Innovation Goes Wrong: Technological Regress and the Opioid Epidemic," Journal of Economic Perspectives, American Economic Association, vol. 35(4), pages 171-196, Fall.
    80. Giuseppe Albanese & Guido DeBlasio & Lorenzo Incoronato, 2021. "Hooked on a subsidy: transfers and preferences for State intervention," Discussion Paper series in Regional Science & Economic Geography 2021-02, Gran Sasso Science Institute, Social Sciences, revised Feb 2021.
    81. Sebastian Siegloch & Nils Wehrhöfer & Tobias Etzel, 2022. "Spillover, Efficiency and Equity Effects of Regional Firm Subsidies," ECONtribute Discussion Papers Series 210, University of Bonn and University of Cologne, Germany.
    82. Edmond Berisha & Ram Sewak Dubey & John Meszaros & Eric Olson, 2020. "Trends in Economic Inequality: Are U.S. states growing apart?," Economics Bulletin, AccessEcon, vol. 40(2), pages 1319-1331.
    83. Mr. Tamim Bayoumi & Jelle Barkema, 2019. "Stranded! How Rising Inequality Suppressed US Migration and Hurt Those Left Behind," IMF Working Papers 2019/122, International Monetary Fund.
    84. Xuan Tian & Jiajie Xu, 2022. "Do Place-Based Policies Promote Local Innovation and Entrepreneurship? [A model of growth through creative destruction]," Review of Finance, European Finance Association, vol. 26(3), pages 595-635.
    85. Edward L. Glaeser, 2020. "Urbanization and Its Discontents," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 46(2), pages 191-218, April.
    86. Robert Calvert Jump & Adam Scavette, 2022. "The Labor Market Effects of Place-Based Policies: Evidence from England’s Neighbourhood Renewal Fund," Working Paper 22-02, Federal Reserve Bank of Richmond.
    87. Brad J. Hershbein & Bryan A. Stuart, 2020. "Recessions and Local Labor Market Hysteresis," Upjohn Working Papers 20-325, W.E. Upjohn Institute for Employment Research.
    88. Zheng, Liang, 2021. "Job creation or job relocation? Identifying the impact of China's special economic zones on local employment and industrial agglomeration," China Economic Review, Elsevier, vol. 69(C).
    89. David M. Cutler & Edward L. Glaeser, 2021. "When Innovation Goes Wrong: Technological Regress and the Opioid Epidemic," NBER Working Papers 28873, National Bureau of Economic Research, Inc.

  18. Gauti B. Eggertsson & Manuel Lancastre & Lawrence H. Summers, 2018. "Aging, Output Per Capita and Secular Stagnation," NBER Working Papers 24902, National Bureau of Economic Research, Inc.

    Cited by:

    1. Wee Chian Koh & Shu Yu, 2021. "A Decade After the 2009 Global Recession: Macroeconomic Developments," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 12(02), pages 1-24, June.
    2. Kuhn, Michael & Prettner, Klaus, 2020. "Rising longevity, increasing the retirement age, and the consequences for knowledge-based long-run growth," GLO Discussion Paper Series 462, Global Labor Organization (GLO).
    3. Lee, Hyun-Hoon & Shin, Kwanho, 2019. "Nonlinear effects of population aging on economic growth," Japan and the World Economy, Elsevier, vol. 51(C), pages 1-1.
    4. Fukuda, Shin-ichi & Okumura, Koki, 2021. "The aging society, savings rates, and regional flow of funds in Japan," Journal of the Japanese and International Economies, Elsevier, vol. 62(C).
    5. Guy Lacroix & Pierre-Carl Michaud, 2024. "Tax Incentives and Older Workers: Evidence from Canada," Cahiers de recherche / Working Papers 02, Chaire de recherche Jacques-Parizeau en politiques économiques / Jacques-Parizeau Research Chair in Economic Policy.
    6. Tselmuun Tserenkhuu, 2023. "Population aging and economic growth: A semiparametric panel data analysis," Economics Bulletin, AccessEcon, vol. 43(1), pages 342-354.
    7. Yi-Chun Ko & Shinsuke Uchida & Akira Hibiki, 2024. "Substitution of Human and Physical Capitals in Farm Adaptation to Extreme Temperatures: Evidence from Corn Yields in US," TUPD Discussion Papers 49, Graduate School of Economics and Management, Tohoku University.
    8. Joseph Kopecky & Alan M. Taylor, 2020. "The Murder-Suicide of the Rentier: Population Aging and the Risk Premium," Trinity Economics Papers tep1220, Trinity College Dublin, Department of Economics.
    9. Guillermo Ordoñez & Facundo Piguillem, 2020. "Savings and Saving Rates: Up or Down?," NBER Working Papers 27179, National Bureau of Economic Research, Inc.
    10. Juan F. Jimeno, 2019. "Fewer babies and more robots: economic growth in a new era of demographic and technological changes," SERIEs: Journal of the Spanish Economic Association, Springer;Spanish Economic Association, vol. 10(2), pages 93-114, June.
    11. Mauri Kotamaki & Jonne Lehtimaki, 2024. "Getting too old for this: Economic effects of ageing population in Finland," Discussion Papers 168, Aboa Centre for Economics.
    12. Jiang, Dequan & Lan, Meng & Li, Weiping & Shen, Yongjian, 2024. "Threat or opportunity? Unveiling the impact of population aging on corporate labor investment efficiency," Pacific-Basin Finance Journal, Elsevier, vol. 85(C).
    13. Goryunov Eugeny, 2021. "Долгосрочные Вызовы Для Российской Монетарной Политики: Климатические Изменения, Демография И Введение Цифрового Рубля," Russian Economic Development (in Russian), Gaidar Institute for Economic Policy, issue 11, pages 9-13, November.
    14. José Alves & Sandro Morgado, 2024. "Secular stagnation: Is immigration part of the solution?," Journal of International Development, John Wiley & Sons, Ltd., vol. 36(2), pages 1426-1449, March.
    15. Takahashi, Yuta & Takayama, Naoki, 2022. "Hidden Stagflation," Discussion Paper Series 733, Institute of Economic Research, Hitotsubashi University.
    16. Wu, Feifei & Xu, Peipei & Gao, Bo & Ma, Jing, 2024. "Export contraction and input switching in an aging China," China Economic Review, Elsevier, vol. 85(C).
    17. Gauti B. Eggertsson & Sergey K. Egiev, 2024. "Liquidity Traps: A Unified Theory of the Great Depression and Great Recession," NBER Working Papers 33195, National Bureau of Economic Research, Inc.
    18. Giovanna Ciaffi & Matteo Deleidi & Stefano Di Bucchianico, 2022. "Stagnation despite ongoing innovation: Is R&D expenditure composition a missing link? An empirical analysis for the US (1948-2019)," Department of Economics University of Siena 877, Department of Economics, University of Siena.
    19. Rainer Kotschy & David E. Bloom & Andrew J. Scott & Rainer Franz Kotschy, 2024. "On the Limits of Chronological Age," CESifo Working Paper Series 11451, CESifo.
    20. Steven G. Allen, 2019. "Demand for Older Workers: What Do Economists Think? What Are Firms Doing?," NBER Working Papers 26597, National Bureau of Economic Research, Inc.
    21. Joseph Kopecky Author-1-Name-First: Joseph Author-1-Name-Last: Kopecky, 2023. "Population age structure and secular stagnation: Evidence from long run data," Trinity Economics Papers tep0526, Trinity College Dublin, Department of Economics.
    22. Atif Mian & Ludwig Straub & Amir Sufi, 2021. "What explains the decline in r ∗ ? Rising income inequality versus demographic shifts," Working Papers 2021-12, Princeton University. Economics Department..
    23. Allen, Steven G., 2023. "Demand for older workers: What do we know? What do we need to learn?," The Journal of the Economics of Ageing, Elsevier, vol. 24(C).
    24. Andreas Reinstaller & Michael Weichselbaumer, 2023. "Labor productivity and the standard of living in Austria," Reports 0423, Büro des Produktivitätsrates.
    25. Piotr F. Borowski, 2021. "Significance and Directions of Energy Development in African Countries," Energies, MDPI, vol. 14(15), pages 1-19, July.
    26. Fang Yao & Margarita Rubio, 2017. "Macroprudential policies in a low interest-rate environment," Reserve Bank of New Zealand Discussion Paper Series DP2017/04, Reserve Bank of New Zealand.
    27. Alexiou, Constantinos & Trachanas, Emmanouil, 2020. "Predicting post-war US recessions: A probit modelling approach," Structural Change and Economic Dynamics, Elsevier, vol. 54(C), pages 210-219.
    28. van Wijnbergen, Sweder, 2018. "Real interest rates, exchange rates and the ZLB: on Secular Stagnation," CEPR Discussion Papers 12837, C.E.P.R. Discussion Papers.
    29. Dantas Guimarães, Silvana & Ferreira Tiryaki, Gisele, 2020. "The impact of population aging on business cycles volatility: International evidence," The Journal of the Economics of Ageing, Elsevier, vol. 17(C).
    30. Samuel Brien, 2021. "Wealth Inequality, Uninsurable Entrepreneurial Risk and Firms Markup," Working Paper 1476, Economics Department, Queen's University.
    31. Emerson, Patrick & Knabb, Shawn & Sirbu, Anca-Ioana, 2024. "Does the old-age dependency ratio place a drag on secular growth?," Economic Analysis and Policy, Elsevier, vol. 82(C), pages 1056-1070.
    32. Katarzyna Maj-Waśniowska & Tomasz Jedynak, 2020. "The Issues and Challenges of Local Government Units in the Era of Population Ageing," Administrative Sciences, MDPI, vol. 10(2), pages 1-23, June.
    33. Gilles Dufrénot & Mathilde Esposito & Eva Moreno-Galbis, 2024. "Demographic Winter, Economic Structure and Productivity in Japan," AMSE Working Papers 2426, Aix-Marseille School of Economics, France.
    34. Hellwagner, Timon & Weber, Enzo, 2021. "Labour Market Adjustments to Population Decline," VfS Annual Conference 2021 (Virtual Conference): Climate Economics 242455, Verein für Socialpolitik / German Economic Association.
    35. Guy Lacroix & Pierre-Carl Michaud, 2024. "Tax Incentives and Older Workers: Evidence from Canada," CIRANO Working Papers 2024s-06, CIRANO.
    36. Wang, Hua & Chen, Yaorui, 2024. "The impact of population aging on capital structure decisions and capital market efficiency: Evidence from China," International Review of Financial Analysis, Elsevier, vol. 95(PB).
    37. Kopecky, Joseph, 2023. "Population age structure and secular stagnation: Evidence from long run data," The Journal of the Economics of Ageing, Elsevier, vol. 24(C).
    38. Goryunov Eugeny, 2021. "Long-term Challenges for the Monetary Policy in Russia: Climate Change, Demographics and Digital Rouble Adoption [Долгосрочные Вызовы Для Российской Монетарной Политики: Климатические Изменения, Де," Russian Economic Development, Gaidar Institute for Economic Policy, issue 11, pages 9-13, November.

  19. Fan, Victoria Y & Jamison, Dean T & Summers, Lawrence H, 2018. "Pandemic risk: how large are the expected losses?," Scholarly Articles 35014363, Harvard Kennedy School of Government.

    Cited by:

    1. Rachel Glennerster & Christopher M. Snyder & Brandon Joel Tan, 2022. "Calculating the Costs and Benefits of Advance Preparations for Future Pandemics," NBER Working Papers 30565, National Bureau of Economic Research, Inc.
    2. Brodeur, Abel & Gray, David & Islam, Anik & Bhuiyan, Suraiya Jabeen, 2020. "A Literature Review of the Economics of COVID-19," GLO Discussion Paper Series 601, Global Labor Organization (GLO).
    3. Massimo FLORIO, 2020. "Biomed Europa: after the coronavirus, a public infrastructure to overcome the pharmaceutical oligopoly," CIRIEC Working Papers 2008, CIRIEC - Université de Liège.
    4. Zhu, Jun & Ho, Kung-Cheng & Luo, Sijia & Peng, Langchuan, 2023. "Pandemic and tax avoidance: Cross-country evidence," Economic Modelling, Elsevier, vol. 124(C).
    5. Ling Jin & Jun Hyeok Choi & Saerona Kim & Kwanghee Cho, 2022. "Slack Resources, Corporate Performance, and COVID-19 Pandemic: Evidence from China," IJERPH, MDPI, vol. 19(21), pages 1-21, November.
    6. Hasin Md. Muhtasim Taqi & Humaira Nafisa Ahmed & Sumit Paul & Maryam Garshasbi & Syed Mithun Ali & Golam Kabir & Sanjoy Kumar Paul, 2020. "Strategies to Manage the Impacts of the COVID-19 Pandemic in the Supply Chain: Implications for Improving Economic and Social Sustainability," Sustainability, MDPI, vol. 12(22), pages 1-25, November.
    7. John W Goodell & Stéphane Goutte, 2020. "Co-movement of COVID-19 and Bitcoin: Evidence from wavelet coherence analysis," Working Papers halshs-02613277, HAL.
    8. Hamed Amini & Andreea Minca, 2024. "Social distancing game and insurance investment in a pandemic," Annals of Operations Research, Springer, vol. 336(3), pages 2009-2036, May.
    9. Fateh Belaid & Amine Ben Amar & Stéphane Goutte & Khaled Guesmi, 2023. "Emerging and advanced economies markets behaviour during the COVID‐19 crisis era," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 28(2), pages 1563-1581, April.
    10. Don Pagach & Monika Wieczorek-Kosmala, 2020. "The Challenges and Opportunities for ERM Post-COVID-19: Agendas for Future Research," JRFM, MDPI, vol. 13(12), pages 1-10, December.
    11. van Bergeijk, P.A.G., 2021. "The political economy of the next pandemic," ISS Working Papers - General Series 678, International Institute of Social Studies of Erasmus University Rotterdam (ISS), The Hague.
    12. Psacharopoulos,George & Collis,Victoria & Patrinos,Harry Anthony & Vegas,Emiliana, 2020. "Lost Wages : The COVID-19 Cost of School Closures," Policy Research Working Paper Series 9246, The World Bank.
    13. Kamer-Ainur Aivaz & Alexandru Capatana, 2021. "An analysis of the Return on Assets of HoReCa Companies in Constanta County in the Context of the Recovery Pursuits after the Shock Produced by the COVID-19 Pandemic," Technium Social Sciences Journal, Technium Science, vol. 25(1), pages 289-303, November.
    14. 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.
    15. Clarke, Lorcan, 2020. "An introduction to economic studies, health emergencies, and COVID-19," LSE Research Online Documents on Economics 105051, London School of Economics and Political Science, LSE Library.
    16. Mehmood, Shahid, 2021. "The Economic Consequences of Pandemics," MPRA Paper 113415, University Library of Munich, Germany.
    17. Hinrich Vos, . "Implications of the COVID-19 pandemic for human rights and modern slavery vulnerabilities in global value chains," UNCTAD Transnational Corporations Journal, United Nations Conference on Trade and Development.
    18. Jing Cong & Mengmeng Ren & Shuyang Xie & Pingyu Wang, 2019. "Predicting Seasonal Influenza Based on SARIMA Model, in Mainland China from 2005 to 2018," IJERPH, MDPI, vol. 16(23), pages 1-8, November.
    19. Silvana Secinaro & Davide Calandra & Paolo Pietro Biancone, 2021. "Reflection on Coronavirus Accounting Impact on Small and Medium Sized Enterprises (SMEs) in Europe," International Journal of Business and Management, Canadian Center of Science and Education, vol. 15(7), pages 1-48, July.
    20. Yarovaya, Larisa & Matkovskyy, Roman & Jalan, Akanksha, 2021. "The effects of a “black swan” event (COVID-19) on herding behavior in cryptocurrency markets," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 75(C).
    21. Ambrocio, Gene & Juselius, Mikael, 2020. "Dealing with the costs of the COVID-19 pandemic – what are the fiscal options?," BoF Economics Review 2/2020, Bank of Finland.
    22. Lorena Barberia & Thomas Plümper & Guy D. Whitten, 2021. "The political science of Covid‐19: An introduction," Social Science Quarterly, Southwestern Social Science Association, vol. 102(5), pages 2045-2054, September.
    23. John W Goodell & Stéphane Goutte, 2021. "Cryptocurrencies and COVID-19: What have we learned?," Working Papers halshs-03211702, HAL.
    24. Pius Babuna & Xiaohua Yang & Amatus Gyilbag & Doris Abra Awudi & David Ngmenbelle & Dehui Bian, 2020. "The Impact of COVID-19 on the Insurance Industry," IJERPH, MDPI, vol. 17(16), pages 1-14, August.
    25. Kristiaan Kerstens & Zhiyang Shen, 2021. "Using COVID-19 mortality to select among hospital plant capacity models: An exploratory empirical application to Hubei province," Post-Print hal-03130063, HAL.
    26. Prieur, Jacques, 2020. "Critical warning! Preventing the multidimensional apocalypse on planet Earth," Ecosystem Services, Elsevier, vol. 45(C).
    27. Christos Nicolaides & Demetris Avraam & Luis Cueto‐Felgueroso & Marta C. González & Ruben Juanes, 2020. "Hand‐Hygiene Mitigation Strategies Against Global Disease Spreading through the Air Transportation Network," Risk Analysis, John Wiley & Sons, vol. 40(4), pages 723-740, April.
    28. Roger Strange, 2020. "The 2020 Covid-19 pandemic and global value chains," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 47(3), pages 455-465, September.
    29. Mohammad Bitar & Amine Tarazi, 2022. "A note on regulatory responses to COVID-19 pandemic: Balancing banks’ solvency and contribution to recovery," Post-Print hal-04793088, HAL.
    30. Peter A.G. van Bergeijk, 2021. "Pandemic Economics," Books, Edward Elgar Publishing, number 20401.
    31. Dash, Saumya Ranjan & Maitra, Debasish, 2022. "The COVID-19 pandemic uncertainty, investor sentiment, and global equity markets: Evidence from the time-frequency co-movements," The North American Journal of Economics and Finance, Elsevier, vol. 62(C).
    32. Victor Olsavszky & Mihnea Dosius & Cristian Vladescu & Johannes Benecke, 2020. "Time Series Analysis and Forecasting with Automated Machine Learning on a National ICD-10 Database," IJERPH, MDPI, vol. 17(14), pages 1-17, July.
    33. Marcello Basili & Antonio Nicita, 2020. "The Covid-19/SARS CoV-2 pandemic outbreak and the risk of institutional failures," Department of Economics University of Siena 823, Department of Economics, University of Siena.
    34. Hristina Santana, 2020. "Opportunities And Perspectives For The Travel Agency Restart In Bulgaria After The Pandemic Of Covid-19," Anniversary Scientific Conference with International Participation TOURISM AND CONNECTIVITY 2020, University publishing house "Science and Economics", University of Economics - Varna, issue 1, pages 522-529, October.
    35. Goodell, John W., 2020. "COVID-19 and finance: Agendas for future research," Finance Research Letters, Elsevier, vol. 35(C).
    36. (Corresponding author) Gavin Yamey & Kaci Kennedy McDade & Wenhui Mao & Ekene Osakwe, 2022. "Financing Research And Development For New Vaccines In Developing Asia-Pacific Countries," Asia-Pacific Sustainable Development Journal, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), vol. 29(2), pages 125-153, November.
    37. Sylvain Zeghni & Nathalie Fabry, 2020. "Covid-19 pandemic and tourism: we won't go back to business as usual [Pandémie de la Covid-19 et tourisme : nous ne reviendrons pas au Business as usual]," Post-Print hal-02899459, HAL.
    38. Hao Xu & Smitha Muthya Sudheendra & Jisu Huh & Aadesh Salecha & Jaideep Srivastava, 2024. "Influence of emotions on coping behaviors in crisis: a computational analysis of the COVID-19 outbreak," Journal of Computational Social Science, Springer, vol. 7(2), pages 1599-1623, October.
    39. Ashraf, Badar Nadeem & El Ghoul, Sadok & Goodell, John W. & Guedhami, Omrane, 2022. "What does COVID-19 teach us about the role of national culture? Evidence from social distancing restrictions," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 80(C).
    40. Magwedere Margaret Rutendo & Marozva Godfrey, 2022. "The Nexus Between Bank Credit Risk and Liquidity: Does the Covid-19 Pandemic Matter? A Case of the Oligopolistic Banking Sector," Folia Oeconomica Stetinensia, Sciendo, vol. 22(1), pages 152-171, June.
    41. Giammanco, Maria Daniela & Gitto, Lara, 2020. "Government measures and economic activity during the COVID-19 outbreak: some preliminary short-term evidence from Europe," MPRA Paper 105072, University Library of Munich, Germany.
    42. Krystal Lau & Katharina Hauck & Marisa Miraldo, 2019. "Excess influenza hospital admissions and costs due to the 2009 H1N1 pandemic in England," Health Economics, John Wiley & Sons, Ltd., vol. 28(2), pages 175-188, February.
    43. Tibi Didier Zoungrana & Daouda Lawa tan Toé & Mamadou Toé, 2023. "Covid‐19 outbreak and stocks return on the West African Economic and Monetary Union's stock market: An empirical analysis of the relationship through the event study approach," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 28(2), pages 1404-1422, April.
    44. CELIK, Ismail & YILMAZ, Tayfun & EMIR, Suleyman & SAK, Ahmet Furkan, 2020. "The Effects Of Covid-19 Outbreak On Financial Markets," Studii Financiare (Financial Studies), Centre of Financial and Monetary Research "Victor Slavescu", vol. 24(4), pages 6-28, December.

  20. Anna Stansbury & Lawrence H. Summers, 2018. "Productivity and Pay: Is the Link Broken?," Working Paper Series WP18-5, Peterson Institute for International Economics.

    Cited by:

    1. Mortenson, Kristian G. & Pitre, Terence J., 2018. "Who benefits from share contracts?," Advances in accounting, Elsevier, vol. 42(C), pages 125-135.
    2. Teichgraeber, Andreas Oliver Felix & Van Reenen, John, 2021. "Have productivity and pay decoupled in the UK?," LSE Research Online Documents on Economics 113833, London School of Economics and Political Science, LSE Library.
    3. Cabral Torres, René & González Mata, Enrique A. & López Cabrera, Jesús Antonio, 2022. "Relación entre productividad laboral y remuneraciones: un análisis de proximidad espacial a nivel estatal en la industria manufacturera en México, 2004, 2009, 2014 y 2019," Estudios y Perspectivas – Sede Subregional de la CEPAL en México 47894, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    4. Pankaj Vashisht & Nisha Rani, 0. "Automation and the Future of Garment Sector Jobs in India," The Indian Journal of Labour Economics, Springer;The Indian Society of Labour Economics (ISLE), vol. 0, pages 1-22.
    5. Ngai, L. Rachel & Sevinc, Orhun, 2025. "A multisector perspective on wage stagnation," LSE Research Online Documents on Economics 126579, London School of Economics and Political Science, LSE Library.
    6. Moretti, Enrico & Hornbeck, Richard, 2018. "Who Benefits From Productivity Growth? Direct and Indirect Effects of Local TFP Growth on Wages, Rents, and Inequality," CEPR Discussion Papers 12953, C.E.P.R. Discussion Papers.
    7. Getahun, Tigabu D. & Fetene, Gebeyehu M. & Baumüller, Heike & Kubik, Zaneta, 2024. "Gender gaps in wages and nonmonetary benefits: Evidence from Ethiopia’s manufacturing sector," Discussion Papers 344126, University of Bonn, Center for Development Research (ZEF).
    8. Shubhdeep Deb & Jan Eeckhout & Aseem Patel & Lawrence Warren, 2022. "What drives wage stagnation: monopsony or monopoly?," IFS Working Papers W22/39, Institute for Fiscal Studies.
    9. Groshen, Erica L. & Holzer, Harry J., 2021. "Labor Market Trends and Outcomes: What Has Changed since the Great Recession?," IZA Policy Papers 173, Institute of Labor Economics (IZA).
    10. Efraim Benmelech & Nittai Bergman & Hyunseob Kim, 2018. "Strong Employers and Weak Employees: How Does Employer Concentration Affect Wages?," NBER Working Papers 24307, National Bureau of Economic Research, Inc.
    11. Fukao, Kyoji & Perugini, Cristiano & Pompei, Fabrizio, 2020. "Labour Market Institutions, Technology and Rent Sharing," IZA Discussion Papers 13155, Institute of Labor Economics (IZA).
    12. Justin C. Wiltshire, 2023. "Walmart Supercenters and Monopsony Power: How A Large, Low-Wage Employer Impacts Local Labor Markets," Department Discussion Papers 2304, Department of Economics, University of Victoria.
    13. Leonardo Ciambezi & Mattia Guerini & Mauro Napoletano & Andrea Roventini, 2025. "Accounting for the Multiple Sources of Inflation: an Agent-Based Model Investigation," SciencePo Working papers Main hal-04978428, HAL.
    14. Holzer, Harry J., 2021. "After COVID-19: Building a More Coherent and Effective Workforce Development System in the US," IZA Policy Papers 174, Institute of Labor Economics (IZA).
    15. Christine Ngoc Ngo & Huong Dang, 2023. "Covid‐19 in America: Global supply chain reconsidered," The World Economy, Wiley Blackwell, vol. 46(1), pages 256-275, January.
    16. Groshen, Erica L. & Holzer, Harry J., 2019. "Improving Employment and Earnings in 21st Century Labor Markets: An Introduction," IZA Discussion Papers 12776, Institute of Labor Economics (IZA).
    17. Bell, Brian & Bukowski, Pawel & Machin, Stephen, 2018. "Rent sharing and inclusive growth," LSE Research Online Documents on Economics 91707, London School of Economics and Political Science, LSE Library.
    18. Shubhdeep Deb & Jan Eeckhout & Aseem Patel & Lawrence Warren, 2022. "What Drives Stagnation: Monopsony or Monopoly?," Working Papers 22-45, Center for Economic Studies, U.S. Census Bureau.
    19. Lyuboslav Kostov, 2020. "The impact of labor productivity on wages in the EU," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 3, pages 146-158.
    20. Sibabrata Das & Mukti Upadhyay, 2019. "Growth of Real GDP and Total Factor Productivity in Asia with an Emphasis on Malaysian Growth," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 47(4), pages 391-413, December.
    21. David M. Williams, 2021. "Pay and Productivity in Canada: Growing Together, Only Slower than Ever," International Productivity Monitor, Centre for the Study of Living Standards, vol. 40, pages 3-26, Spring.
    22. Azio Barani, 2021. "Innovazione tecnologica e lavoro: automazione, occupazione e impatti socio-economici," QUADERNI DI ECONOMIA DEL LAVORO, FrancoAngeli Editore, vol. 0(114), pages 51-79.
    23. Jeffrey Clemens & Michael R. Strain, 2022. "How Important are Minimum Wage Increases in Increasing the Wages of Minimum Wage Workers?," NBER Working Papers 29824, National Bureau of Economic Research, Inc.
    24. Dosi, Giovanni & Virgillito, Maria Enrica & Yu, Xiaodan, 2020. "The wage-productivity nexus in the world factory economy," World Development, Elsevier, vol. 129(C).
    25. Ignacio ÁLVAREZ & Maarten KEUNE & Jesús CRUCES & Jorge UXÓ, 2021. "Missing links in the inclusive growth debate: Functional income distribution and labour market institutions," International Labour Review, International Labour Organization, vol. 160(3), pages 337-362, September.
    26. David Autor & Anna Salomons, 2018. "Is Automation Labor Share–Displacing? Productivity Growth, Employment, and the Labor Share," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 49(1 (Spring), pages 1-87.
    27. Andrew Phiri & Chuma Mbaleki & Christian Nsiah, 2022. "Fiscal expenditures, revenues and labour productivity in South Africa," Cogent Economics & Finance, Taylor & Francis Journals, vol. 10(1), pages 2062912-206, December.
    28. Pankaj Vashisht & Nisha Rani, 2020. "Automation and the Future of Garment Sector Jobs in India," The Indian Journal of Labour Economics, Springer;The Indian Society of Labour Economics (ISLE), vol. 63(2), pages 225-246, June.
    29. Stirati, Antonella & Paternesi Meloni, Walter, 2021. "Unemployment and the wage share: a long-run exploration for major mature economies," Structural Change and Economic Dynamics, Elsevier, vol. 56(C), pages 330-352.
    30. Walter Paternesi Meloni & Antonella Stirati, 2023. "The decoupling between labour compensation and productivity in high‐income countries: Why is the nexus broken?," British Journal of Industrial Relations, London School of Economics, vol. 61(2), pages 425-463, June.
    31. Mahone Zachary L. & Naval Joaquín & Pujolas Pau S., 2021. "The Neoclassical Growth Model and the Labor Share Decline," The B.E. Journal of Macroeconomics, De Gruyter, vol. 21(2), pages 607-628, June.
    32. Fukao, Kyoji & Perugini, Cristiano & Pompei, Fabrizio, 2022. "Labour market regimes, technology and rent-sharing in Japan," Economic Modelling, Elsevier, vol. 112(C).
    33. Paolo Pasimeni, 2018. "The Relation between Productivity and Compensation in Europe," European Economy - Discussion Papers 079, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    34. Kyoji Fukao & Cristiano Perugini & Fabrizio Pompei, 2023. "Non‐standard Employment and Rent‐sharing," Economica, London School of Economics and Political Science, vol. 90(357), pages 178-211, January.
    35. Edward P. Lazear, 2019. "Productivity and Wages: Common Factors and Idiosyncrasies Across Countries and Industries," NBER Working Papers 26428, National Bureau of Economic Research, Inc.
    36. Anqi Chen & Laura D. Quinby & Gal Wettstein, 2022. "Employer Concentration and Labor Force Participation," Working Papers 22-08, Center for Economic Studies, U.S. Census Bureau.
    37. Fofack, Achille & Temkeng, Serge, 2021. "A cross-sectoral analysis of the relation between labor productivity and labor compensation in the European Union," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 62, pages 54-65.
    38. Andrew Sharpe & James Ashwell, 2021. "The Evolution of the Productivity-Median Wage Gap in Canada, 1976-2019," International Productivity Monitor, Centre for the Study of Living Standards, vol. 41, pages 98-117, Fall.
    39. Walter Paternesi Meloni & Antonella Stirati, 2021. "What has driven the delinking of wages from productivity? A political economy-based investigation for high-income economies," Working Papers PKWP2104, Post Keynesian Economics Society (PKES).
    40. Hornbeck, Richard & Moretti, Enrico, 2019. "Estimating Who Benefits from Productivity Growth: Direct and Indirect Effects of City Manufacturing TFP Growth on Wages, Rents, and Inequality," IZA Discussion Papers 12277, Institute of Labor Economics (IZA).
    41. Shishir Shakya & Alicia Plemmons & Juan Tomas Sayago-Gomez, 2022. "Spatial spillovers and the productivity-compensation gap in the United States," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 68(3), pages 669-689, June.

  21. Olivier J. Blanchard & Lawrence H. Summers, 2017. "Rethinking Stabilization Policy: Evolution or Revolution?," NBER Working Papers 24179, National Bureau of Economic Research, Inc.

    Cited by:

    1. Silke Tober, 2021. "Inflation 2021: kein geldpolitischer Handlungsbedarf," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 101(9), pages 681-684, September.
    2. Grigoryev, Leonid & Makarova, Ekaterina, 2019. "Норма Накопления И Экономический Рост: Сдвиги После Великой Рецессии [Capital accumulation and economic growth after the Great Recession]," MPRA Paper 102524, University Library of Munich, Germany.
    3. Davide Romaniello, 2022. "Unemployment gap, isteresi e disoccupazione di lunga durata: quale ruolo nella comprensione dell'inflazione? (Unemployment gap, hysteresis and long-term unemployment: which role in explaining inflatio," Moneta e Credito, Economia civile, vol. 75(299), pages 267-283.
    4. Qureshi, Irfan, 2018. "Money Aggregates and Determinacy : A Reinterpretation of Monetary Policy During the Great Inflation," The Warwick Economics Research Paper Series (TWERPS) 1156, University of Warwick, Department of Economics.
    5. van Riet Ad, 2019. "Twenty Years of European Central Bank Monetary Policy: A Keynesian and Austrian Perspective," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 239(5-6), pages 797-840, October.
    6. Stefan Bach & Hogler Bär & Katharina Bohnenberger & Sebastian Dullien & Claudia Kemfert & Miriam Rehm & Katja Rietzler & Matthias Runkel & Sophie Schmalz & Silke Tober & Achim Truger, 2020. "Sozial-ökologisch ausgerichtete Konjunkturpolitik in und nach der Corona-Krise," IMK Studies 68-2020, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
    7. Ignacio Lozano-Espitia & Fernando Arias-Rodríguez & Jesus Bejarano & Andres Gonzalez & Clark Granger-Castaño & Franz Hamann & Yurany Hernández-Turca & Juan Manuel Julio-Román & Martha López & Juan C. , 2019. "La política fiscal y la estabilización macroeconómica en Colombia," Revista ESPE - Ensayos sobre Política Económica, Banco de la Republica de Colombia, issue 90, pages 1-60, April.
    8. Roberto Ciccone & Antonella Stirati, 2019. "Blanchard e Summers: rivoluzione o conservazione? (Blanchard and Summers: revolution or conservation?)," Moneta e Credito, Economia civile, vol. 72(287), pages 207-218.
    9. Billi, Roberto M. & Söderström, Ulf & Walsh, Carl E., 2020. "The Role of Money in Monetary Policy at the Lower Bound," Working Paper Series 390, Sveriges Riksbank (Central Bank of Sweden).
    10. Pacicco, Fausto & Serati, Massimiliano & Venegoni, Andrea, 2022. "The Euro Area credit crunch conundrum: Was it demand or supply driven?," Economic Modelling, Elsevier, vol. 106(C).
    11. Luca Fantacci & Lucio Gobbi & Stefano Lucarelli, 2019. "Teaching International Monetary Economics. Two different views," DEM Working Papers 2019/7, Department of Economics and Management.
    12. Silke Tober & Thomas Theobald, 2021. "Keine Rückkehr des Schreckgespenstes Inflation - Geldpolitische Herausforderungen 2021," IMK Report 166-2021, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
    13. Henri Keränen & Sakari Lähdemäki, 2020. "Identification of fiscal SVARs in small open economies using trading partner forecast errors as instruments," Working Papers 330, Työn ja talouden tutkimus LABORE, The Labour Institute for Economic Research LABORE.
    14. Mikhail Yu. Andreyev & Andrey V. Polbin, 2018. "The Impact of Fiscal Policy on Macroeconomic Indicators in DSGE-models," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 3, pages 21-33, June.
    15. Emre Örün, 2020. "Theoritical Seekings in Macroeconomics," Istanbul Journal of Economics-Istanbul Iktisat Dergisi, Istanbul University, Faculty of Economics, vol. 70(2), pages 451-477, December.
    16. Ignacio Benito Amaro, 2020. "Evaluación Económica de pérdidas por enfermedades en bovinos: métodos de valuación de perdida," Asociación Argentina de Economía Política: Working Papers 4310, Asociación Argentina de Economía Política.
    17. Beker, Victor, 2021. "How to prevent a new global financial crisis," MPRA Paper 121946, University Library of Munich, Germany.
    18. Pfeiffer, Philipp & Roeger, Werner & Vogel, Lukas, 2021. "Optimal fiscal policy with low interest rates for government debt," Journal of Economic Dynamics and Control, Elsevier, vol. 132(C).
    19. Heinz D. Kurz & Neri Salvadori, 2019. "Alla ricerca di una migliore teoria macroeconomica (Looking for a better macroeconomic theory)," Moneta e Credito, Economia civile, vol. 72(287), pages 229-247.
    20. Massimo Amato & Everardo Belloni & Paolo Falbo & Lucio Gobbi, 2021. "Europe, public debts, and safe assets: the scope for a European Debt Agency," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 38(3), pages 823-861, October.
    21. Mariam A. Voskanyan, 2022. "Government policy to maintain macroeconomic stability: The case of Armenia," Journal of New Economy, Ural State University of Economics, vol. 23(1), pages 24-42, April.
    22. Olivér Kovács, 2019. "Grounding Complexity Economics in Framing Modern Governance," Acta Oeconomica, Akadémiai Kiadó, Hungary, vol. 69(4), pages 571-594, December.
    23. Attinasi, Maria Grazia & Palazzo, Alessandra Anna & Pierluigi, Beatrice, 2019. "Fiscal activism in the euro area and in other advanced economies: new evidence," Working Paper Series 2344, European Central Bank.
    24. Pompeo Della Posta & Enrico Marelli & Marcello Signorelli, 2022. "COVID-19, Economic Policies and Public Debt Sustainability in Italy," Sustainability, MDPI, vol. 14(8), pages 1-20, April.
    25. Nissanke, Machiko, 2019. "Exploring macroeconomic frameworks conducive to structural transformation of sub-Saharan African economies," Structural Change and Economic Dynamics, Elsevier, vol. 48(C), pages 103-116.
    26. Emiliano Brancaccio, 2019. "Sulle condizioni per una rivoluzione della teoria e della politica economica (On the conditions for a revolution of economic theory and policy)," Moneta e Credito, Economia civile, vol. 72(287), pages 197-206.

  22. Victoria Y. Fan & Dean T. Jamison & Lawrence H. Summers, 2016. "The Inclusive Cost of Pandemic Influenza Risk," NBER Working Papers 22137, National Bureau of Economic Research, Inc.

    Cited by:

    1. Phurichai Rungcharoenkitkul, 2021. "Macroeconomic effects of Covid-19: a mid-term review," BIS Working Papers 959, Bank for International Settlements.
    2. Ilan Noy & Nguyen Doan & Benno Ferrarini & Donghyun Park, 2020. "Measuring the Economic Risk of Covid-19," CESifo Working Paper Series 8373, CESifo.
    3. Al-Ubaydli, Omar, 2020. "Understanding How the Coronavirus Affects the Global Economy: A Guide for Non-Economists," MPRA Paper 99642, University Library of Munich, Germany.
    4. Emmanuel Apergis & Nicholas Apergis, 2021. "The impact of COVID-19 on economic growth: evidence from a Bayesian Panel Vector Autoregressive (BPVAR) model," Applied Economics, Taylor & Francis Journals, vol. 53(58), pages 6739-6751, December.
    5. Ma, Chang & Rogers, John H. & Zhou, Sili, 2020. "Modern pandemics: Recession and recovery," BOFIT Discussion Papers 16/2020, Bank of Finland Institute for Emerging Economies (BOFIT).
    6. Bello, Kehinde Mary & Gidigbi, Matthew Oladapo, 2021. "The Effect of Trade on Economic Growth in Nigeria: Does Covid-19 Matters?," African Journal of Economic Review, African Journal of Economic Review, vol. 9(3), June.
    7. Apergis, Nicholas & Danuletiu, Dan & Xu, Bing, 2022. "CDS spreads and COVID-19 pandemic," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 76(C).
    8. Keyang Li & Yu Qin & Jing Wu & Jubo Yan, 2023. "Perceived economic prospects during the early stage of COVID‐19 breakout," Contemporary Economic Policy, Western Economic Association International, vol. 41(4), pages 696-713, October.
    9. Joseph E. Stiglitz, 2020. "The Pandemic Economic Crisis, Precautionary Behavior, and Mobility Constraints: An Application of the Dynamic Disequilibrium Model with Randomness," NBER Working Papers 27992, National Bureau of Economic Research, Inc.
    10. Khan, Safi Ullah, 2022. "Financing constraints and firm-level responses to the COVID-19 pandemic: International evidence," Research in International Business and Finance, Elsevier, vol. 59(C).
    11. Romain Espinosa & Damian Tago & Nicolas Treich, 2020. "Infectious Diseases and Meat Production," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 76(4), pages 1019-1044, August.
    12. Jonathan T. Vu & Benjamin K. Kaplan & Shomesh Chaudhuri & Monique K. Mansoura & Andrew W. Lo, 2020. "Financing Vaccines for Global Health Security," NBER Working Papers 27212, National Bureau of Economic Research, Inc.
    13. Ali Gungoraydinoglu & Ilke Öztekin & Özde Öztekin, 2021. "The Impact of COVID-19 and Its Policy Responses on Local Economy and Health Conditions," JRFM, MDPI, vol. 14(6), pages 1-27, May.
    14. Seth D. Baum, 2023. "Assessing natural global catastrophic risks," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 115(3), pages 2699-2719, February.

  23. Gauti B. Eggertsson & Neil R. Mehrotra & Lawrence H. Summers, 2016. "Secular Stagnation in the Open Economy," NBER Working Papers 22172, National Bureau of Economic Research, Inc.

    Cited by:

    1. Wu, Jing Cynthia & Zhang, Ji, 2019. "Global effective lower bound and unconventional monetary policy," Journal of International Economics, Elsevier, vol. 118(C), pages 200-216.
    2. Romei, Federica & de Ferra, Sergio, 2018. "Sovereign Default in a Monetary Union," CEPR Discussion Papers 12976, C.E.P.R. Discussion Papers.
    3. Yao, Fang, 2022. "Estimating the Trend of the House Price to Income Ratio in Ireland," Research Technical Papers 8/RT/22, Central Bank of Ireland.
    4. Corsetti, Giancarlo & Mavroeidi, Eleonora & Thwaites, Gregory & Wolf, Martin, 2017. "Step away from the zero lower bound: small open economies in a world of secular stagnation," Bank of England working papers 666, Bank of England.
    5. Atanas Pekanov, 2018. "The New View on Fiscal Policy and its Implications for the European Monetary Union," WIFO Working Papers 562, WIFO.
    6. Dufrénot, Gilles & Rhouzlane, Meryem & Vaccaro-Grange, Etienne, 2022. "Potential growth and natural yield curve in Japan," Journal of International Money and Finance, Elsevier, vol. 124(C).
    7. Martin Bodenstein & Christopher J. Erceg & Luca Guerrieri, 2009. "The Effects of Foreign Shocks when Interest Rates are at Zero," International Finance Discussion Papers 983, Board of Governors of the Federal Reserve System (U.S.).
    8. Geppert, Christian & Ludwig, Alexander & Abiry, Raphael, 2016. "Secular stagnation? Growth, asset returns and welfare in the next decades: First results," SAFE Working Paper Series 145, Leibniz Institute for Financial Research SAFE.
    9. Luca Fornaro & Gianluca Benigno, 2015. "Stagnation Traps," 2015 Meeting Papers 810, Society for Economic Dynamics.
    10. Philippe Aghion & Antonin Bergeaud & Timo Boppart & Peter J. Klenow & Huiyu Li, 2019. "A Theory of Falling Growth and Rising Rents," Working papers 740, Banque de France.
    11. Giancarlo Corsetti & Keith Kuester & Gernot J. Müller, 2017. "Fixed on Flexible Rethinking Exchange Rate Regimes after the Great Recession," Discussion Papers 1721, Centre for Macroeconomics (CFM).
    12. Dennis Bonam, 2020. "A convenient truth: The convenience yield, low interest rates and implications for fiscal policy," Working Papers 700, DNB.
    13. Candelon, Bertrand & Carare, Alina & Hasse, Jean-Baptiste & Lu, Jing, 2020. "The post-crises output growth effects in a globalized economy," International Economics, Elsevier, vol. 161(C), pages 139-158.
    14. Kolasa, Marcin & Wesołowski, Grzegorz, 2020. "International spillovers of quantitative easing," Journal of International Economics, Elsevier, vol. 126(C).
    15. Joseph Kopecky & Alan M. Taylor, 2020. "The Murder-Suicide of the Rentier: Population Aging and the Risk Premium," Trinity Economics Papers tep1220, Trinity College Dublin, Department of Economics.
    16. Gilles Dufrénot & Meryem Rhouzlane & Etienne Vaccaro-Grange, 2019. "Potential Growth and Natural Yield Curve in Japan," AMSE Working Papers 1912, Aix-Marseille School of Economics, France.
    17. Luca Fornaro & Federica Romei, 2016. "The paradox of global thrift," Economics Working Papers 1609, Department of Economics and Business, Universitat Pompeu Fabra, revised Apr 2019.
    18. John C. Williams, 2017. "Three Questions on R-star," FRBSF Economic Letter, Federal Reserve Bank of San Francisco.
    19. Agnès Bénassy-Quéré & Matthieu Bussière & Pauline Wibaux, 2021. "Trade and currency weapons," PSE-Ecole d'économie de Paris (Postprint) halshs-03672235, HAL.
    20. Gerhard Illing & Yoshiyasu Ono & Matthias Schlegl, 2016. "Credit Booms, Debt Overhang and Secular Stagnation," ISER Discussion Paper 0988r, Institute of Social and Economic Research, The University of Osaka, revised Nov 2017.
    21. Gauti Eggertsson & Neil Mehrotra & Sanjay Singh & Lawrence Summers, 2016. "A Contagious Malady? Open Economy Dimensions of Secular Stagnation," 2016 Meeting Papers 1701, Society for Economic Dynamics.
    22. Gianluca Benigno & Luca Fornaro & Martin Wolf, 2019. "The global financial resource curse," Economics Working Papers 1803, Department of Economics and Business, Universitat Pompeu Fabra, revised Dec 2023.
    23. Lafond, François & Goldin, Ian & Koutroumpis, Pantelis & Winkler, Julian, 2022. "Why is productivity slowing down?," INET Oxford Working Papers 2022-08, Institute for New Economic Thinking at the Oxford Martin School, University of Oxford.
    24. Lepetyuk, Vadym & Maliar, Serguei, 2019. "When the U.S. catches a cold, Canada sneezes: a lower-bound tale told by deep learning," CEPR Discussion Papers 14025, C.E.P.R. Discussion Papers.
    25. Christian Beer & Christian Alexander Belabed & Andreas Breitenfellner & Christian Ragacs & Beat Weber, 2017. "EU integration and its impact on Austria," Monetary Policy & the Economy, Oesterreichische Nationalbank (Austrian Central Bank), issue Q1/2017, pages 1-38.
    26. Antonin Bergeaud & Gilbert Cette & Rémy Lecat, 2019. "The Circular Relationship Between Productivity Growth and Real Interest Rates," Working papers 734, Banque de France.
    27. Siddhartha Biswas & Andrew Hanson & Toan Phan, 2018. "Bubbly Recessions," Working Paper 18-5, Federal Reserve Bank of Richmond.
    28. José Alves & Sandro Morgado, 2024. "Secular stagnation: Is immigration part of the solution?," Journal of International Development, John Wiley & Sons, Ltd., vol. 36(2), pages 1426-1449, March.
    29. Probst, Julius, 2019. "Global real interest rate dynamics from the late 19th century to today," International Review of Economics & Finance, Elsevier, vol. 59(C), pages 522-547.
    30. Ugo Panizza & Charles Wyplosz, 2018. "The Folk Theorem of Decreasing Effectiveness of Monetary Policy: What Do the Data Say?," Russian Journal of Money and Finance, Bank of Russia, vol. 77(1), pages 71-107, March.
    31. Luca Fornaro, 2017. "Aggregate Demand Externalities in a Global Liquidity Trap," 2017 Meeting Papers 139, Society for Economic Dynamics.
    32. Maurice Obstfeld & Alan M. Taylor, 2017. "International Monetary Relations: Taking Finance Seriously," Journal of Economic Perspectives, American Economic Association, vol. 31(3), pages 3-28, Summer.
    33. Giancarlo Bertocco & Andrea Kalajzić, 2018. "The Zero Lower Bound and the Asymmetric Efficacy of Monetary Policy: A View from the History of Economic Ideas," Italian Economic Journal: A Continuation of Rivista Italiana degli Economisti and Giornale degli Economisti, Springer;Società Italiana degli Economisti (Italian Economic Association), vol. 4(3), pages 549-566, November.
    34. Povilas Lastauskas & Julius Stakenas, 2018. "Openness And Structural Labor Market Reforms: Ex Ante Counterfactuals," Contemporary Economic Policy, Western Economic Association International, vol. 36(4), pages 723-757, October.
    35. Murota, Ryu-ichiro, 2019. "Negative interest rate policy in a permanent liquidity trap," MPRA Paper 93498, University Library of Munich, Germany.
    36. de Jong, Abe & Shahriar, Abu Zafar & Shazia, Farhan, 2022. "Reaching out to the unbanked: The role of political ideology in financial inclusion," Journal of International Money and Finance, Elsevier, vol. 126(C).
    37. Maurice Obstfeld, 2020. "Harry Johnson's “Case for flexible exchange rates”—50 years later," Manchester School, University of Manchester, vol. 88(S1), pages 86-113, September.
    38. Luca Fornaro & Federica Romei, 2022. "Monetary policy during unbalanced global recoveries," Economics Working Papers 1814, Department of Economics and Business, Universitat Pompeu Fabra.
    39. Gilles Dufrenot & Meryem Rhouzlane, 2018. "Secular Stagnation: New Challenges for the Industrialized Countries in the 21st Century," AMSE Working Papers 1818, Aix-Marseille School of Economics, France.
    40. Bergant, Katharina & Forbes, Kristin, 2023. "Policy packages and policy space: Lessons from COVID-19☆," European Economic Review, Elsevier, vol. 158(C).
    41. Kirschenmann, Karolin & Malinen, Tuomas & Nyberg, Henri, 2016. "The risk of financial crises: Is there a role for income inequality?," Journal of International Money and Finance, Elsevier, vol. 68(C), pages 161-180.
    42. Hernán D. Seoane, 2020. "The Real Interest Rates Across Monetary Policy Regimes," EconPol Policy Reports 22, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
    43. Ma, Chang & Rogers, John H. & Zhou, Sili, 2020. "Modern pandemics: Recession and recovery," BOFIT Discussion Papers 16/2020, Bank of Finland Institute for Emerging Economies (BOFIT).
    44. Schubert, Torben & Jäger, Angela & Türkeli, Serdar & Visentin, Fabiana, 2020. "Addressing the productivity paradox with big data: A literature review and adaptation of the CDM econometric model," MERIT Working Papers 2020-050, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    45. Stijn Claessens & M Ayhan Kose, 2018. "Frontiers of macrofinancial linkages," BIS Papers, Bank for International Settlements, number 95.
    46. Federica Romei & Luca Fornaro, 2018. "The Paradox of Global Thrift (Plus Appendix)," Working Papers 1039, Barcelona School of Economics.
    47. Andrea Borsato, 2021. "Does the Secular Stagnation hypothesis match with data? Evidence from USA," Working Papers of BETA 2021-11, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    48. Jacopo Bonchi, 2020. "Asset Price Bubbles and Monetary Policy: Revisiting the Nexus at the Zero Lower Bound," Working Papers 9/20, Sapienza University of Rome, DISS.
    49. Trunin, Pavel (Трунин, Павел) & Bozhechkova, Alexandra (Божечкова, Александра) & Petrova, Diana (Петрова, Диана) & Chaikina, Anastasiia (Чайкина, Анастасия) & Nikanorov, Ivan (Никаноров, Иван), 2018. "Analysis of Approaches to Studying the Problem of Long-Term Stagnation in Modern Economies [Анализ Подходов К Изучению Проблемы Долговременной Стагнации В Современных Экономиках]," Working Papers 031810, Russian Presidential Academy of National Economy and Public Administration.
    50. Jacopo Bonchi, 2021. "Online Appendix to "Asset Price Bubbles and Monetary Policy: Revisiting the Nexus at the Zero Lower Bound"," Online Appendices 20-262, Review of Economic Dynamics.
    51. Vadym Lepetyuk & Lilia Maliar & Serguei Maliar, 2017. "Should Central Banks Worry About Nonlinearities of their Large-Scale Macroeconomic Models?," Staff Working Papers 17-21, Bank of Canada.
    52. Sara Eugeni, 2019. "Exchange rate volatility and cooperation in an incomplete markets' economy," Department of Economics Working Papers 2019_02, Durham University, Department of Economics.
    53. M. Bussi re & L. Ferrara & M. Juillard & D. Siena, 2017. "Can Fiscal Budget-Neutral Reforms Stimulate Growth? Model-Based Results," Working papers 625, Banque de France.
    54. Michau, Jean-Baptiste, 2018. "Secular stagnation: Theory and remedies," Journal of Economic Theory, Elsevier, vol. 176(C), pages 552-618.
    55. Jens H. E. Christensen & Glenn D. Rudebusch, 2018. "A New Normal for Interest Rates? Evidence from Inflation-Indexed Debt," Working Paper Series 2017-07, Federal Reserve Bank of San Francisco.
    56. Gevorgyan, Kristine, 2021. "Demographic Changes and Current Account Imbalances," Journal of Economic Development, The Economic Research Institute, Chung-Ang University, vol. 46(3), pages 1-22, September.
    57. van Riet Ad, 2019. "Monetary Policy and Unnatural Low Interest Rates: Secular Stagnation or Financial Repression?," Review of Economics, De Gruyter, vol. 70(2), pages 99-135, August.
    58. Robert Barsky & Matthew Easton, 2021. "The global saving glut and the fall in U.S. real interest rates: A 15-year retrospective," Economic Perspectives, Federal Reserve Bank of Chicago, issue EP-2021-1, pages 1-15, March.
    59. Grace Taylor & Rod Tyers, 2016. "Secular Stagnation: Determinants And Consequences For Australia," Economics Discussion / Working Papers 16-25, The University of Western Australia, Department of Economics.
    60. Daniel DAIANU, 2017. "When Policies Fuel Economic Cycles," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(1), pages 167-190, March.
    61. Hongjin Li & Naifang Su, 2020. "Financial Factors, Openness and the Natural Interest Rate in China," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 28(4), pages 76-100, July.
    62. Koichi Hamada & Makoto Sakurai, 2022. "A return to international policy coordination in the age of secular stagnation," International Journal of Economic Policy Studies, Springer, vol. 16(2), pages 371-388, August.
    63. Cova, Pietro & Notarpietro, Alessandro & Pagano, Patrizio & Pisani, Massimiliano, 2021. "Secular Stagnation, R&D, Public Investment, And Monetary Policy: A Global-Model Perspective," Macroeconomic Dynamics, Cambridge University Press, vol. 25(5), pages 1267-1287, July.
    64. Christian Beer & Christian Alexander Belabed & Andreas Breitenfellner & Christian Ragacs & Beat Weber, 2017. "Österreich und die europäische Integration," Monetary Policy & the Economy, Oesterreichische Nationalbank (Austrian Central Bank), issue 1, pages 86-126.
    65. Platonov, Konstantin, 2024. "Confidence spillovers, financial contagion, and stagnation," Journal of International Money and Finance, Elsevier, vol. 148(C).
    66. Ulrike Lepont, 2024. "The Investor State: The Contemporary Redefinition Of The Legiti- Mate Role Of The State [L’« ÉTAT INVESTISSEUR » ou la redéfinition contemporaine du rôle légitime de l’État]," Post-Print hal-04875283, HAL.
    67. B. De Backer & J. Wauters, 2017. "The cyclical and structural determinants of the low interest rate environment," Economic Review, National Bank of Belgium, issue ii, pages 69-86, september.
    68. Rodnyansky, A., 2018. "(Un)Competitive Devaluations and Firm Dynamics," Cambridge Working Papers in Economics 1888, Faculty of Economics, University of Cambridge.
    69. Russell E. Triplett & Nilufer Ozdemir & Paul M. Mason, 2022. "Structural Change in the Investment Function," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 46(1), pages 220-236, January.

  24. Gauti B. Eggertsson & Neil R. Mehrotra & Sanjay R. Singh & Lawrence H. Summers, 2016. "A Contagious Malady? Open Economy Dimensions of Secular Stagnation," NBER Working Papers 22299, National Bureau of Economic Research, Inc.

    Cited by:

    1. Garga, Vaishali & Singh, Sanjay R., 2021. "Output hysteresis and optimal monetary policy," Journal of Monetary Economics, Elsevier, vol. 117(C), pages 871-886.
    2. Pablo Cuba-Borda & Sanjay R. Singh, 2022. "Understanding Persistent ZLB: Theory and Assessment," Working Papers 346, University of California, Davis, Department of Economics.
    3. Wu, Jing Cynthia & Zhang, Ji, 2019. "Global effective lower bound and unconventional monetary policy," Journal of International Economics, Elsevier, vol. 118(C), pages 200-216.
    4. Sushant Acharya & Julien Bengui, 2016. "Liquidity traps, capital flows," Staff Reports 765, Federal Reserve Bank of New York.
    5. Matteo Maggiori & Emmanuel Farhi, 2015. "A Model of the International Monetary System," Working Paper 349586, Harvard University OpenScholar.
    6. Caballero, Ricardo J & Farhi, Emmanuel & Gourinchas, Pierre-Olivier, 2017. "The Safe Assets Shortage Conundrum," Department of Economics, Working Paper Series qt8h3182xb, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
    7. Popović, Milenko, 2018. "Technological Progress, Globalization, and Secular Stagnation," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 7(1), pages 59-100.
    8. Giancarlo Corsetti & Keith Kuester & Gernot J. Müller, 2016. "The Case for Flexible Exchange Rates in a Great Recession," Cambridge Working Papers in Economics 1644, Faculty of Economics, University of Cambridge.
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    20. John C. Williams, 2017. "Three Questions on R-star," FRBSF Economic Letter, Federal Reserve Bank of San Francisco.
    21. Gianluca Benigno & Luca Fornaro & Martin Wolf, 2019. "The global financial resource curse," Economics Working Papers 1803, Department of Economics and Business, Universitat Pompeu Fabra, revised Dec 2023.
    22. Mackowiak, Bartosz & Corsetti, Giancarlo & Dedola, Luca & Schmidt, Sebastian & Jarocinski, Marek, 2017. "Macroeconomic Stabilization, Monetary-Fiscal Interactions, and Europe’s Monetary Union," CEPR Discussion Papers 12371, C.E.P.R. Discussion Papers.
    23. Javier Bianchi & Louphou Coulibaly, 2021. "Liquidity Traps, Prudential Policies, and International Spillovers," Working Papers 780, Federal Reserve Bank of Minneapolis.
    24. Corsetti, G. & Dedola, L. & Jarocinsk, M. & Mackowiak, B., 2016. "Macroeconomic Stabilization, Monetary-fiscal Interactions, and Europe’s monetary Union," Cambridge Working Papers in Economics 1675, Faculty of Economics, University of Cambridge.
    25. Lepetyuk, Vadym & Maliar, Serguei, 2019. "When the U.S. catches a cold, Canada sneezes: a lower-bound tale told by deep learning," CEPR Discussion Papers 14025, C.E.P.R. Discussion Papers.
    26. Christian Beer & Christian Alexander Belabed & Andreas Breitenfellner & Christian Ragacs & Beat Weber, 2017. "EU integration and its impact on Austria," Monetary Policy & the Economy, Oesterreichische Nationalbank (Austrian Central Bank), issue Q1/2017, pages 1-38.
    27. Yoshiyasu Ono, 2018. "Macroeconomic Interdependence Between a Stagnant and a Fully Employed Country," The Japanese Economic Review, Japanese Economic Association, vol. 69(4), pages 450-477, December.
    28. Antonin Bergeaud & Gilbert Cette & Rémy Lecat, 2019. "The Circular Relationship Between Productivity Growth and Real Interest Rates," Working papers 734, Banque de France.
    29. Siddhartha Biswas & Andrew Hanson & Toan Phan, 2018. "Bubbly Recessions," Working Paper 18-5, Federal Reserve Bank of Richmond.
    30. Juan Passadore & Facundo Piguillem & Adriana Grasso, 2017. "Rising Capital Shares, Risk Taking and The Secular Stagnation," 2017 Meeting Papers 1513, Society for Economic Dynamics.
    31. Luca Fornaro, 2017. "Aggregate Demand Externalities in a Global Liquidity Trap," 2017 Meeting Papers 139, Society for Economic Dynamics.
    32. Maurice Obstfeld & Alan M. Taylor, 2017. "International Monetary Relations: Taking Finance Seriously," Journal of Economic Perspectives, American Economic Association, vol. 31(3), pages 3-28, Summer.
    33. Giancarlo Bertocco & Andrea Kalajzić, 2018. "The Zero Lower Bound and the Asymmetric Efficacy of Monetary Policy: A View from the History of Economic Ideas," Italian Economic Journal: A Continuation of Rivista Italiana degli Economisti and Giornale degli Economisti, Springer;Società Italiana degli Economisti (Italian Economic Association), vol. 4(3), pages 549-566, November.
    34. Gauti B. Eggertsson & Neil R. Mehrotra & Lawrence H. Summers, 2016. "Secular Stagnation in the Open Economy," American Economic Review, American Economic Association, vol. 106(5), pages 503-507, May.
    35. Murota, Ryu-ichiro, 2019. "Negative interest rate policy in a permanent liquidity trap," MPRA Paper 93498, University Library of Munich, Germany.
    36. Maurice Obstfeld, 2020. "Harry Johnson's “Case for flexible exchange rates”—50 years later," Manchester School, University of Manchester, vol. 88(S1), pages 86-113, September.
    37. Luca Fornaro & Federica Romei, 2022. "Monetary policy during unbalanced global recoveries," Economics Working Papers 1814, Department of Economics and Business, Universitat Pompeu Fabra.
    38. Ma, Chang & Rogers, John H. & Zhou, Sili, 2020. "Modern pandemics: Recession and recovery," BOFIT Discussion Papers 16/2020, Bank of Finland Institute for Emerging Economies (BOFIT).
    39. Stijn Claessens & M Ayhan Kose, 2018. "Frontiers of macrofinancial linkages," BIS Papers, Bank for International Settlements, number 95.
    40. Sanjay R. Singh & Pablo Cuba-Borda, 2019. "Understanding Persistent Stagnation," Working Papers 329, University of California, Davis, Department of Economics.
    41. Federica Romei & Luca Fornaro, 2018. "The Paradox of Global Thrift (Plus Appendix)," Working Papers 1039, Barcelona School of Economics.
    42. Schmöller, Michaela & Spitzer, Martin, 2019. "Endogenous TFP, business cycle persistence and the productivity slowdown," Bank of Finland Research Discussion Papers 21/2019, Bank of Finland.
    43. Jacopo Bonchi, 2020. "Asset Price Bubbles and Monetary Policy: Revisiting the Nexus at the Zero Lower Bound," Working Papers 9/20, Sapienza University of Rome, DISS.
    44. Trunin, Pavel (Трунин, Павел) & Bozhechkova, Alexandra (Божечкова, Александра) & Petrova, Diana (Петрова, Диана) & Chaikina, Anastasiia (Чайкина, Анастасия) & Nikanorov, Ivan (Никаноров, Иван), 2018. "Analysis of Approaches to Studying the Problem of Long-Term Stagnation in Modern Economies [Анализ Подходов К Изучению Проблемы Долговременной Стагнации В Современных Экономиках]," Working Papers 031810, Russian Presidential Academy of National Economy and Public Administration.
    45. Murota, Ryu-ichiro, 2022. "The effect of a decline in the world real interest rate on a small open economy experiencing persistent stagnation," Economics Letters, Elsevier, vol. 216(C).
    46. Donato Masciandaro & Davide Romelli, 2017. "Optimal Currency Area and European Monetary Membership: Economics and Political Economy," BAFFI CAREFIN Working Papers 1760, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy.
    47. Perri, Fabrizio & Amador, Manuel & Bocola, Luigi & Bianchi, Javier, 2017. "Exchange Rate Policies at the Zero Lower Bound," CEPR Discussion Papers 11928, C.E.P.R. Discussion Papers.
    48. Jacopo Bonchi, 2021. "Online Appendix to "Asset Price Bubbles and Monetary Policy: Revisiting the Nexus at the Zero Lower Bound"," Online Appendices 20-262, Review of Economic Dynamics.
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  25. Ahluwalia, Montek Singh & Summers, Lawrence & Velasco, Andres & Birdsall, Nancy & Morris, Scott, 2016. "Multilateral development banking for this century’s development challenges: five recommendations to shareholders of the old and new multilateral development banks," LSE Research Online Documents on Economics 102432, London School of Economics and Political Science, LSE Library.

    Cited by:

    1. World Bank, 2024. "Unlocking the Power of Healthy Longevity," World Bank Publications - Reports 42141, The World Bank Group.
    2. Mendez, Alvaro & Houghton, David Patrick, 2020. "Sustainable banking: the role of multilateral development banks as norm entrepreneurs," LSE Research Online Documents on Economics 103227, London School of Economics and Political Science, LSE Library.

  26. Summers, Lawrence H. & Fatás, Antonio, 2015. "The Permanent Effects of Fiscal Consolidations," CEPR Discussion Papers 10902, C.E.P.R. Discussion Papers.

    Cited by:

    1. Piergallini, Alessandro, 2020. "Is Fiscal Austerity Really Self-Defeating?," MPRA Paper 112071, University Library of Munich, Germany.
    2. Garga, Vaishali & Singh, Sanjay R., 2021. "Output hysteresis and optimal monetary policy," Journal of Monetary Economics, Elsevier, vol. 117(C), pages 871-886.
    3. Philippe Burger & Estian Calitz, 2019. "Sustainable fiscal policy and economic growth in South Africa," Working Papers 15/2019, Stellenbosch University, Department of Economics.
    4. Wang, Shu-Ling, 2021. "Fiscal stimulus in a high-debt economy? A DSGE analysis," Economic Modelling, Elsevier, vol. 98(C), pages 118-135.
    5. Binh Thai Pham & Hector Sala, 2023. "Fiscal deficits and the socioeconomic consequences of rebalancing: Insights from a TVP‐VAR with stochastic volatility," Australian Economic Papers, Wiley Blackwell, vol. 62(2), pages 214-235, June.
    6. Dimitra Mitsi, 2025. "Public Debt and Economic Growth after Covid-19 in Europe: Challenges and Policy Implications," Review of European Studies, Canadian Center of Science and Education, vol. 15(4), pages 1-31, January.
    7. Gomez-Gonzalez, Jose E. & Uribe, Jorge M. & Valencia, Oscar M., 2023. "Does economic complexity reduce the probability of a fiscal crisis?," World Development, Elsevier, vol. 168(C).
    8. Fragetta, Matteo & Tamborini, Roberto, 2019. "It's not austerity. Or is it? Assessing the effect of austerity on growth in the European Union, 2010-15," International Review of Economics & Finance, Elsevier, vol. 62(C), pages 196-212.
    9. Nicola Matteucci & Francesco Orazi, 2018. "Crisi e transizione: spunti per un?agenda di ricerca interdisciplinare," PRISMA Economia - Societ? - Lavoro, FrancoAngeli Editore, vol. 2018(1-2), pages 5-17.
    10. Karsten Kohler & Engelbert Stockhammer, 2022. "Growing differently? Financial cycles, austerity, and competitiveness in growth models since the Global Financial Crisis," Review of International Political Economy, Taylor & Francis Journals, vol. 29(4), pages 1314-1341, July.
    11. Layna Mosley & Victoria Paniagua & Erik Wibbels, 2020. "Moving markets? Government bond investors and microeconomic policy changes," Economics and Politics, Wiley Blackwell, vol. 32(2), pages 197-249, July.
    12. Belke Ansgar, 2018. "Secular Stagnation, Unemployment Hysteresis and Monetary Policy in EMU: Scratches but Not Scars?," The Economists' Voice, De Gruyter, vol. 15(1), pages 1-14, December.
    13. Matarrese, Marco Maria & Frangiamore, Francesco, 2023. "Italian local fiscal multipliers: Evidence from proxy-SVAR," Economics Letters, Elsevier, vol. 228(C).
    14. Campos, Nauro F. & Macchiarelli, Corrado, 2021. "The dynamics of core and periphery in the European monetary union: a new approach," LSE Research Online Documents on Economics 113423, London School of Economics and Political Science, LSE Library.
    15. Alejandro López-Vera & Andrés D. Pinchao-Rosero & Norberto Rodríguez-Niño, 2018. "Non-Linear Fiscal Multipliers for Public Expenditure and Tax Revenue in Colombia," Revista ESPE - Ensayos Sobre Política Económica, Banco de la República, vol. 36(85), pages 48-64, November.
    16. Mattia Osvaldo Picarelli & Willem Vanlaer & Wim Marneffe, 2019. "Does Public Debt Produce a Crowding Out Effect for Public Investment in the EU?," Working Papers 36, European Stability Mechanism.
    17. Umar Bambale, Ibrahim & Sanusi Rafindadi, Aliyu & Usman Bello, Adamu, 2022. "The Nigerian Fiscal Stance And Macroeconomic Performance: A Computable General Equilibrium (Cge) Analysis," Ilorin Journal of Economic Policy, Department of Economics, University of Ilorin, vol. 9(1), pages 57-68, June.
    18. Stefano Di Bucchianico, 2019. "A critical analysis of the secular stagnation theory," Departmental Working Papers of Economics - University 'Roma Tre' 0245, Department of Economics - University Roma Tre.
    19. Micheli, Martin, 2017. "Endogenous growth and the Taylor principle," Ruhr Economic Papers 726, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
    20. Davide Romaniello, 2022. "Unemployment gap, isteresi e disoccupazione di lunga durata: quale ruolo nella comprensione dell'inflazione? (Unemployment gap, hysteresis and long-term unemployment: which role in explaining inflatio," Moneta e Credito, Economia civile, vol. 75(299), pages 267-283.
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    22. Vito Tanzi, 2016. "Pleasant Dreams or Nightmares, in the Public Debts Scenarios?," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 69(09), pages 27-35, May.
    23. Christopher L. House & Christian Proebsting & Linda L. Tesar, 2019. "Austerity in the Aftermath of the Great Recession," Working Papers 672, Research Seminar in International Economics, University of Michigan.
    24. Andrea Boitani & Salvatore Perdichizzi & Chiara Punzo, 2020. "Nonlinearities and expenditure multipliers in the Eurozone," DISCE - Working Papers del Dipartimento di Economia e Finanza def089, Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE).
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    26. Guilherme Spinato Morlin & Nikolas Passos & Riccardo Pariboni, 2021. "Growth theory and the growth model perspective: Insights from the supermultiplier," Department of Economics University of Siena 869, Department of Economics, University of Siena.
    27. Mathilde Le Moigne & Francesco Saraceno & Sebastien Villemot, 2016. "Probably too Little, Certainly too Late. An Assessement of the Juncker Investment Plan," Documents de Travail de l'OFCE 2016-10, Observatoire Francais des Conjonctures Economiques (OFCE).
    28. Oscar Bajo-Rubio & Antonio G. Gómez-Plana, 2018. "A multi-country analysis of austerity policies in the European Union," Working Papers 18-03, Asociación Española de Economía y Finanzas Internacionales.
    29. Georgantas, Georgios & Kasselaki, Maria & Tagkalakis, Athanasios, 2023. "Τhe effects of fiscal consolidation in OECD countries," Economic Modelling, Elsevier, vol. 118(C).
    30. Schilirò, Daniele, 2017. "Imbalances and policies in the Eurozone," MPRA Paper 82847, University Library of Munich, Germany.
    31. Eduardo Garzón Espinosa & Bibiana Medialdea García & Esteban Cruz Hidalgo, 2021. "Fiscal Policy Approaches: An Inquiring Look From The Modern Monetary Theory," Journal of Economic Issues, Taylor & Francis Journals, vol. 55(4), pages 999-1022, October.
    32. Olivier Coibion & Yuriy Gorodnichenko & Mauricio Ulate, 2017. "The Cyclical Sensitivity in Estimates of Potential Output," NBER Working Papers 23580, National Bureau of Economic Research, Inc.
    33. Tsuchiya, Yoichi, 2023. "Assessing the World Bank’s growth forecasts," Economic Analysis and Policy, Elsevier, vol. 77(C), pages 64-84.
    34. Vítor Constâncio, 2020. "The return of fiscal policy and the euro area fiscal rule," Working Papers REM 2020/0127, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa.
    35. I. A. Sokolov & S. G. Belev & O. V. Suchkova, 2021. "How to Ensure Fiscal Sustainability in Russia," Studies on Russian Economic Development, Springer, vol. 32(4), pages 383-390, July.
    36. Germaschewski, Yin & Wang, Shu-Ling, 2022. "Fiscal stabilization in high-debt economies without monetary independence," Journal of Macroeconomics, Elsevier, vol. 72(C).
    37. De Grauwe, Paul & Ji, Yuemei, 2016. "Flexibility versus Stability: A difficult trade-off in the eurozone," CEPS Papers 11530, Centre for European Policy Studies.
    38. Bardaka, Ioanna & Bournakis, Ioannis & Kaplanoglou, Georgia, 2020. "Total factor productivity (TFP) and fiscal consolidation: How harmful is austerity?," MPRA Paper 98880, University Library of Munich, Germany.
    39. Marta Gómez-Puig & Simón Sosvilla-Rivero, 2017. "Heterogeneity in the debt-growth nexus: Evidence from EMU countries," IREA Working Papers 201706, University of Barcelona, Research Institute of Applied Economics, revised Mar 2017.
    40. Chuluunbayar, Delgerjargal, 2019. "The US Fiscal Consolidation, its impact and policy implications," MPRA Paper 98223, University Library of Munich, Germany.
    41. Malherbe, Frederic & McMahon, Michael, 2024. "Beyond Pangloss: Financial sector origins of inefficient economic booms," Journal of Monetary Economics, Elsevier, vol. 145(C).
    42. Mr. John C Bluedorn & Mr. Daniel Leigh, 2018. "Is the Cycle the Trend? Evidence From the Views of International Forecasters," IMF Working Papers 2018/163, International Monetary Fund.
    43. Philippe Burger & Estian Calitz, 2020. "Covid-19, economic growth and South African fiscal policy," Working Papers 15/2020, Stellenbosch University, Department of Economics.
    44. Saccone, Donatella & Posta, Pompeo Della & Marelli, Enrico & Signorelli, Marcello, 2022. "Public investment multipliers by functions of government: An empirical analysis for European countries," Structural Change and Economic Dynamics, Elsevier, vol. 60(C), pages 531-545.
    45. Epameinondas Katsikas & Nikiforos T. Laopodis & Konstantinos Spanos, 2023. "Dynamic Stability of Public Debt: Evidence from the Eurozone Countries," IJFS, MDPI, vol. 11(4), pages 1-15, December.
    46. Dieppe,Alistair Matthew & Francis,Neville Ricardo & Kindberg-Hanlon,Gene, 2021. "Technology and Demand Drivers of Productivity Dynamics in Developed and Emerging Market Economies," Policy Research Working Paper Series 9525, The World Bank.
    47. Vybhavi Balasundharam & Olivier Basdevant & Dalmacio Benicio & Andrew Ceber & Yujin Kim & Luca Mazzone & Hoda Selim & Yongzheng Yang, 2023. "Fiscal Consolidation: Taking Stock of Success Factors, Impact, and Design," IMF Working Papers 2023/063, International Monetary Fund.
    48. Feld, Lars P. & Hirsch, Patrick F. & Köhler, Ekkehard A. & Wolfinger, Julia & Döhrn, Roland & Fuest, Angela & Micheli, Martin, 2017. "Auswirkungen der Rettungsprogramme auf die Wettbewerbsfähigkeit der Programmländer Portugal und Irland. Endbericht," RWI Projektberichte, RWI - Leibniz-Institut für Wirtschaftsforschung, number 177813.
    49. Uxó, Jorge & Febrero, Eladio & Ayala, Iván & Villanueva, Paloma, 2024. "Debt sustainability and policy targets: Full employment or structural balance? A simulation for the Spanish economy," Structural Change and Economic Dynamics, Elsevier, vol. 69(C), pages 475-487.
    50. Francesco Furlanetto & Antoine Lepetit & Ørjan Robstad & Juan F. Rubio-Ramirez & Pål Ulvedal, 2021. "Estimating Hysteresis Effects," Finance and Economics Discussion Series 2021-059, Board of Governors of the Federal Reserve System (U.S.).
    51. Bournakis, Ioannis & Ramirez-Rondan, Nelson R., 2022. "Does uncertainty matter for the fiscal consolidation and capital intensity nexus?," MPRA Paper 111592, University Library of Munich, Germany.
    52. Peydró, José-Luis & Morais, Bernardo & Ruiz-Ortega, Claudia & Perez-Estrada, Javier, 2021. "Expansionary Austerity: Reallocating Credit Amid Fiscal Consolidation," CEPR Discussion Papers 16511, C.E.P.R. Discussion Papers.
    53. Alica Ida Bonk & Laure Simon, 2022. "From He-Cession to She-Stimulus? The labor market impact of fiscal policy across gender," SERIEs: Journal of the Spanish Economic Association, Springer;Spanish Economic Association, vol. 13(1), pages 309-334, May.
    54. Valerie Cerra & Antonio Fatás & Sweta C. Saxena, 2023. "Hysteresis and Business Cycles," Journal of Economic Literature, American Economic Association, vol. 61(1), pages 181-225, March.
    55. Strauss, Ilan & Yang, Jangho, 2020. "Corporate Secular Stagnation: Empirical Evidence on the Advanced Economy Investment Slowdown," INET Oxford Working Papers 2019-16, Institute for New Economic Thinking at the Oxford Martin School, University of Oxford.
    56. Botta, Alberto & Tippet, Ben, 2020. "The roots of a divided eurozone: rigid labour markets or asymmetric technology-macroeconomic regimes?," Greenwich Papers in Political Economy 30958, University of Greenwich, Greenwich Political Economy Research Centre.
    57. Temperini, Jacopo & D'Ippoliti, Carlo & Gobbi, Lucio, 2024. "Is the time ripe for helicopter money? Growth impact and financial stability risks of outright monetary transfers," Structural Change and Economic Dynamics, Elsevier, vol. 69(C), pages 24-36.
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    6. Piti Disyatat, 2017. "Discussion of Exploring the Link between the Macroeconomic and Financial Cycles," RBA Annual Conference Volume (Discontinued), in: Jonathan Hambur & John Simon (ed.),Monetary Policy and Financial Stability in a World of Low Interest Rates, Reserve Bank of Australia.
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    25. Nicolas Petrosky-Nadeau & Etienne Wasmer & Philippe Weil, 2021. "When Hosios Meets Phillips: Connecting Efficiency and Stability to Demand Shocks," Working Paper Series 2018-13, Federal Reserve Bank of San Francisco.
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    30. Olivier J. Blanchard, 2016. "The US Phillips Curve: Back to the 60s?," Policy Briefs PB16-1, Peterson Institute for International Economics.
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    316. Bańnkowska, Katarzyna & Borlescu, Ana Maria & Charalambakis, Evangelos & Da Silva, António Dias & Di Laurea, Davide & Dossche, Maarten & Georgarakos, Dimitris & Honkkila, Juha & Kennedy, Neale & Kenny, 2021. "ECB Consumer Expectations Survey: an overview and first evaluation," Occasional Paper Series 287, European Central Bank.
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    333. Michele Fratianni & Marco Gallegati & Federico Giri, 2019. "Mr Phillips and the medium-run: temporal instability vs. frequency stability," Mo.Fi.R. Working Papers 155, Money and Finance Research group (Mo.Fi.R.) - Univ. Politecnica Marche - Dept. Economic and Social Sciences.
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  28. Lant Pritchett & Lawrence H. Summers, 2014. "Asiaphoria Meets Regression to the Mean," NBER Working Papers 20573, National Bureau of Economic Research, Inc.

    Cited by:

    1. Helmut K. Anheier & Robert Falkner & Alanna Krolikowski, 2017. "Brittle China? Economic and Political Fragility with Global Implications," Global Policy, London School of Economics and Political Science, vol. 8, pages 42-53, June.
    2. Selim Raihan & Sabyasachi Kar & Kunal Sen, 2018. "Transitions between growth episodes: Do institutions matter and do some institutions matter more?," Global Development Institute Working Paper Series esid-099-18, GDI, The University of Manchester.
    3. Shahid Yusuf, 2017. "Middle-income countries: trapped or merely slowing?," Asian-Pacific Economic Literature, The Crawford School, The Australian National University, vol. 31(2), pages 19-29, November.
    4. Li, Yueshan & Mao, Jinzhou & Chen, Shoudong & Yang, Dongliang, 2022. "Tax-reducing incentive and corporate green performance: What we learn from China," Renewable Energy, Elsevier, vol. 199(C), pages 791-802.
    5. Ludovic Gauvin & Cyril C. Rebillard, 2018. "Towards recoupling? Assessing the global impact of a Chinese hard landing through trade and commodity price channels," The World Economy, Wiley Blackwell, vol. 41(12), pages 3379-3415, December.
    6. Lawrence H. Summers, 2016. "Comparing Real GDP Across Countries: Comment," Economic Affairs, Wiley Blackwell, vol. 36(2), pages 221-223, June.
    7. Patel, Dev & Sandefur, Justin & Subramanian, Arvind, 2021. "The new era of unconditional convergence," Journal of Development Economics, Elsevier, vol. 152(C).
    8. Peter Lloyd & Cassey Lee, 2018. "A Review Of The Recent Literature On The Institutional Economics Analysis Of The Long†Run Performance Of Nations," Journal of Economic Surveys, Wiley Blackwell, vol. 32(1), pages 1-22, February.
    9. Robert H. Wade, 2018. "The Developmental State: Dead or Alive?," Development and Change, International Institute of Social Studies, vol. 49(2), pages 518-546, March.
    10. Bertrand Gruss & Malhar Nabar & Marcos Poplawski-Ribeiro, 2020. "Growth Accelerations and Reversals in Emerging Market and Developing Economies: External Conditions and Domestic Amplifiers," Open Economies Review, Springer, vol. 31(4), pages 753-786, September.
    11. J. Daniel Aromí, 2018. "GDP growth forecasts and information flows: Is there evidence of overreactions?," International Finance, Wiley Blackwell, vol. 21(2), pages 122-139, June.
    12. Pietro Munari, 2024. "The Impact of Market Sentiment and Macroeconomic Fundamentals on Government Bond (Mis)-pricing," BAFFI CAREFIN Working Papers 24228, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy.
    13. Davide Fiaschi & Andrea Mario Lavezzi & Angela Parenti, 2020. "Deep and Proximate Determinants of the World Income Distribution," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 66(3), pages 677-710, September.
    14. Jeannine Bailliu & Mark Kruger & Argyn Toktamyssov & Wheaton Welbourn, 2019. "How fast can China grow? The Middle Kingdom's prospects to 2030," Pacific Economic Review, Wiley Blackwell, vol. 24(2), pages 373-399, May.
    15. Gauvin, Ludovic & Rebillard, Cyril, 2013. "Towards Recoupling? Assessing the Impact of a Chinese Hard Landing on Commodity Exporters: Results from Conditional Forecast in a GVAR Model," MPRA Paper 65457, University Library of Munich, Germany.
    16. Antolin-Diaz, Juan & Drechsel, Thomas & Petrella, Ivan, 2017. "Tracking the slowdown in long-run GDP growth," LSE Research Online Documents on Economics 81869, London School of Economics and Political Science, LSE Library.
    17. Prema-chandra Athukorala, 2017. "India’s Long Road: The Search for Prosperity by Vijay Joshi Oxford University Press, Oxford, 2016 Pp. xi + 345. ISBN 978 0 19 061013 5," Asian-Pacific Economic Literature, The Crawford School, The Australian National University, vol. 31(2), pages 137-145, November.
    18. Charles Gore, 2017. "Late industrialisation, urbanisation and the middle-income trap: an analytical approach and the case of Vietnam," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 10(1), pages 35-57.
    19. Yi Wen, 2015. "The Making of an Economic Superpower―Unlocking China’s Secret of Rapid Industrialization," Working Papers 2015-6, Federal Reserve Bank of St. Louis.
    20. Duttagupta, Rupa & Narita, Futoshi, 2017. "Emerging and developing economies: Entering a rough patch or protracted low gear?," Journal of Policy Modeling, Elsevier, vol. 39(4), pages 680-698.
    21. Pritchett, Lant & Sen, Kunal & Kar, Sabyasachi & Raihan, Selim, 2016. "Trillions gained and lost: Estimating the magnitude of growth episodes," Economic Modelling, Elsevier, vol. 55(C), pages 279-291.
    22. Petrella, Ivan & Drechsel, Thomas & Antolin-Diaz, Juan, 2014. "Following the Trend: Tracking GDP when Long-Run Growth is Uncertain," CEPR Discussion Papers 10272, C.E.P.R. Discussion Papers.
    23. Chenggang Xu, 2015. "China's Political-Economic Institutions and Development," Cato Journal, Cato Journal, Cato Institute, vol. 35(3), pages 525-548, Fall.
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    27. Fang Cai & Yang Lu, 2016. "Take-off, Persistence and Sustainability: The Demographic Factor in Chinese Growth," Asia and the Pacific Policy Studies, Wiley Blackwell, vol. 3(2), pages 203-225, May.
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    29. Richard Grieveson & Julia Grübler & Sebastian Petric & Leon Podkaminer, 2019. "Monthly Report No. 10/2019," wiiw Monthly Reports 2019-10, The Vienna Institute for International Economic Studies, wiiw.
    30. Tomas Hellebrandt & Paolo Mauro, 2015. "The Future of Worldwide Income Distribution," LIS Working papers 635, LIS Cross-National Data Center in Luxembourg.
    31. Jin, Xingye & Li, David Daokui & Wu, Shuyu, 2016. "How will China shape the world economy?," China Economic Review, Elsevier, vol. 40(C), pages 272-280.
    32. Giang Ho & Paolo Mauro, 2014. "Rapid Growth in Emerging Markets and Developing Economies: Now and Forever?," Policy Briefs PB14-26, Peterson Institute for International Economics.
    33. Grinis, Inna, 2017. "Trend growth durations & shifts," LSE Research Online Documents on Economics 85126, London School of Economics and Political Science, LSE Library.
    34. Chun-kei Tsang & Sung-ko Li, 2020. "Allocation of resources within subgroups of an industry: a case study in the Chinese industrial sector," Journal of Productivity Analysis, Springer, vol. 53(1), pages 125-139, February.
    35. Smith, Gary & Liang, Wesley, 2019. "The Chinese Real Estate Bubble," Economics Department, Working Paper Series 1002, Economics Department, Pomona College, revised 04 Jun 2019.
    36. Robert Inklaar & D. S. Prasada Rao, 2017. "Cross-Country Income Levels over Time: Did the Developing World Suddenly Become Much Richer?," American Economic Journal: Macroeconomics, American Economic Association, vol. 9(1), pages 265-290, January.
    37. Sanghamitra Bandyopadhyay, 2021. "The persistence of inequality across Indian states: A time series approach," Review of Development Economics, Wiley Blackwell, vol. 25(3), pages 1150-1171, August.
    38. Morck, Randall & Yeung, Bernard, 2016. "China in Asia," China Economic Review, Elsevier, vol. 40(C), pages 297-308.
    39. Robert H Wade, 2016. "Industrial Policy in Response to the Middle-income Trap and the Third Wave of the Digital Revolution," Global Policy, London School of Economics and Political Science, vol. 7(4), pages 469-480, November.
    40. Bulman, David & Eden, Maya & Nguyen, Ha, 2014. "Transitioning from low-income growth to high-income growth : is there a middle income trap ?," Policy Research Working Paper Series 7104, The World Bank.
    41. Iyanatul Islam, 2019. "Growth, New Technology and the Future of Work: International Evidence and Implications for India," The Indian Journal of Labour Economics, Springer;The Indian Society of Labour Economics (ISLE), vol. 62(1), pages 31-53, March.
    42. Pierre-Richard Agénor, 2017. "Caught In The Middle? The Economics Of Middle-Income Traps," Journal of Economic Surveys, Wiley Blackwell, vol. 31(3), pages 771-791, July.
    43. Barry Eichengreen & Donghyun Park & Kwanho Shin, 2018. "The Landscape of Economic Growth: Do Middle-Income Countries Differ?," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 54(4), pages 836-858, March.
    44. Jose De Gregorio, 2015. "From Rapid Recovery to Slowdown: Why Recent Economic Growth in Latin America Has Been Slow," Policy Briefs PB15-6, Peterson Institute for International Economics.
    45. Luciano Pietronero & Matthieu Cristelli & Andrea Gabrielli & Dario Mazzilli & Emanuele Pugliese & Andrea Tacchella & Andrea Zaccaria, 2017. "Economic Complexity: "Buttarla in caciara" vs a constructive approach," Papers 1709.05272, arXiv.org.
    46. Shahid Yusuf, 2018. "East Asian Cat or African Cat: Which One Is the Better Mouse Catcher?," Global Journal of Emerging Market Economies, Emerging Markets Forum, vol. 10(1-3), pages 60-72, January.
    47. Victor Stolzenburg & Daria Taglioni & Deborah Winkler, 2019. "Economic upgrading through global value chain participation: which policies increase the value-added gains?," Chapters, in: Stefano Ponte & Gary Gereffi & Gale Raj-Reichert (ed.), Handbook on Global Value Chains, chapter 30, pages 483-505, Edward Elgar Publishing.
    48. Ding Lu, 2017. "China's Growth Slowdown and Prospects for Becoming a High-Income Developed Economy," Asian Economic Papers, MIT Press, vol. 16(1), pages 89-113, Winter/Sp.
    49. Sanghamitra Bandyopadhyay, 2016. "The persistence of inequality across Indian states," CSAE Working Paper Series 2016-26, Centre for the Study of African Economies, University of Oxford.
    50. Jong-Wha Lee, 2016. "China's economic growth and convergence," CAMA Working Papers 2016-30, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    51. Enrica Di Stefano & Daniela Marconi, 2015. "Assessing potential growth in emerging countries after the global financial crisis," Questioni di Economia e Finanza (Occasional Papers) 256, Bank of Italy, Economic Research and International Relations Area.
    52. Shahid Yusuf, 2015. "East Asian Development: Foundations and Strategies by Dwight H. Perkins , Cambridge, MA , Harvard University Press , 2013 , 213 pp," The Developing Economies, Institute of Developing Economies, vol. 53(1), pages 63-66, March.
    53. Xu, Cheng-Gang, 2014. "Political and Economic Institutions of China and Their Influences," CEPR Discussion Papers 10320, C.E.P.R. Discussion Papers.
    54. Mintu Barua, 2020. "Contest for Dominance: US–China Rivalry in Asia," China Report, , vol. 56(4), pages 484-500, November.
    55. Song, Zheng (Michael) & Xiong, Wei, 2018. "Risks in China's financial system," BOFIT Discussion Papers 1/2018, Bank of Finland Institute for Emerging Economies (BOFIT).
    56. Dieppe, Alistair & Gilhooly, Robert & Han, Jenny & Korhonen, Iikka & Lodge, David, 2018. "The transition of China to sustainable growth – implications for the global economy and the euro area," Occasional Paper Series 206, European Central Bank.
    57. Otsuka, Keijiro & Higuchi, Yuki & Sonobe, Tetsushi, 2017. "Middle-income traps in East Asia: An inquiry into causes for slowdown in income growth," China Economic Review, Elsevier, vol. 46(S), pages 3-16.
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    59. Felipe, Jesus & Lanzafame, Matteo & Zhuang, Juzhong, 2014. "The People’s Republic of China's Potential Growth Rate: The Long-Run Constraints," ADB Economics Working Paper Series 418, Asian Development Bank.
    60. Robert Wade, 2018. "Escaping the periphery: The East Asian 'mystery' solved," WIDER Working Paper Series wp-2018-101, World Institute for Development Economic Research (UNU-WIDER).
    61. Sabyasachi Kar & Selim Raihan & Kunal Sen, 2017. "Do economic institutions matter for growth episodes?," Global Development Institute Working Paper Series esid-092-17, GDI, The University of Manchester.
    62. Takatoshi Sasaki & Tomoya Sakata & Yui Mukoyama & Koichi Yoshino, 2021. "China's Long-Term Growth Potential: Can Productivity Convergence Be Sustained?," Bank of Japan Working Paper Series 21-E-7, Bank of Japan.
    63. Ms. Wenjie Chen & Mr. Mico Mrkaic & Mr. Malhar S Nabar, 2019. "The Global Economic Recovery 10 Years After the 2008 Financial Crisis," IMF Working Papers 2019/083, International Monetary Fund.
    64. Raghbendra Jha, 2018. "India's Long Road: The Search for Prosperity," The Economic Record, The Economic Society of Australia, vol. 94(305), pages 207-209, June.
    65. Géza Rippel, 2017. "China – Rebalancing and Sustainable Convergence," Financial and Economic Review, Magyar Nemzeti Bank (Central Bank of Hungary), vol. 16(Sepcial I), pages 50-72.
    66. Guanghua Wan & Peter J. Morgan & Jong-Wha Lee, 2016. "Korea's Economic Growth and Catch-up: Implications for China," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 24(5), pages 71-97, September.
    67. Lee, Minsoo & Han, Xuehui & Gaspar, Raymond & Alano, Emmanuel, 2018. "Deriving Macroeconomic Benefits from Public–Private Partnerships in Developing Asia," ADB Economics Working Paper Series 551, Asian Development Bank.
    68. Felipe, Jesus & Estrada, Gemma & Lanzafame, Matteo, 2022. "The turnaround in Philippine growth: From disappointment to promising success," Structural Change and Economic Dynamics, Elsevier, vol. 62(C), pages 327-342.
    69. Peter Lloyd & Cassey Lee, 2016. "A Review of the Recent Literature on the Institutional Economics Analysis of the Long-Run Performance of Nations," Department of Economics - Working Papers Series 2019, The University of Melbourne.
    70. Xu, Kun & Xu, Wenli, 2015. "中国政府消费支出对经济波动的传导机理分析 [Study on Influential Mechanism Between Government Expenditure of Consumption and Economic Fluctuation]," MPRA Paper 70994, University Library of Munich, Germany, revised Dec 2015.
    71. Kieran Mc Morrow & Werner Roeger & Valerie Vandermeulen, 2017. "Evaluating Medium Term Forecasting Methods and their Implications for EU Output Gap Calculations," European Economy - Discussion Papers 070, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
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  29. James R. Hines, Jr. & Lawrence H. Summers, 2009. "How Globalization Affects Tax Design," NBER Working Papers 14664, National Bureau of Economic Research, Inc.

    Cited by:

    1. Lee, Sang-Hyop & Kim, Jungsuk & Park, Donghyun, 2016. "Demographic Change and Fiscal Sustainability in Asia," ADB Economics Working Paper Series 481, Asian Development Bank.
    2. -, 2013. "Fiscal Panorama of Latin America and the Caribbean 2013: tax reform and renewal of the fiscal covenant," Libros y Documentos Institucionales, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 3101 edited by Eclac, September.
    3. Grégoire Rota-Graziosi & Rabah Arezki & Alou Adesse Dama, 2021. "Revisiting the Relationship between Trade Liberalization and Taxation," CERDI Working papers hal-03265604, HAL.
    4. Mark Dincecco & Mauricio Prado, 2012. "Warfare, fiscal capacity, and performance," Journal of Economic Growth, Springer, vol. 17(3), pages 171-203, September.
    5. Justin Ross & Wenli Yan & Craig Johnson, 2015. "The Public Financing Of America'S Largest Cities: A Study Of City Financial Records In The Wake Of The Great Recession," Journal of Regional Science, Wiley Blackwell, vol. 55(1), pages 113-138, January.
    6. Nihal Bayraktar & Tuan Minh Le & Blanca Moreno-Dodson, 2012. "Tax Capacity and Tax Effort: Extended Cross-Country Analysis from 1994 to 2009," EcoMod2012 3858, EcoMod.
    7. Sean Higgins & Nora Lustig & Whitney Ruble & Timothy Smeeding, 2013. "Comparing the Incidence of Taxes and Social Spending in Brazil and the United States," Working Papers 1317, Tulane University, Department of Economics.
    8. Mr. Manmohan S. Kumar & Mr. Dennis P. Quinn, 2012. "Globalization and Corporate Taxation," IMF Working Papers 2012/252, International Monetary Fund.
    9. Fischer, Justina A.V., 2012. "Globalization and Political Trust," MPRA Paper 36692, University Library of Munich, Germany.
    10. Thushyanthan Baskaran & Zohal Hessami, 2012. "Public education spending in a globalized world:," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 19(5), pages 677-707, October.
    11. Stephanie Meinhard & Niklas Potrafke, 2011. "The Globalization-welfare State Nexus Reconsidered," Working Paper Series of the Department of Economics, University of Konstanz 2011-27, Department of Economics, University of Konstanz.
    12. Baskaran, Thushyanthan & Hessami, Zohal, 2010. "Globalization and the Composition of Public Education Expenditures: A Dynamic Panel Analysis," MPRA Paper 25750, University Library of Munich, Germany.
    13. Kudrle, Robert T., 2021. "Moves and countermoves in the digitization challenges to international taxation," Technology in Society, Elsevier, vol. 64(C).
    14. Davide Furceri & Georgios Karras, 2011. "Tax Design in the OECD: A Test of the Hines-Summers Hypothesis," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 37(2), pages 239-247.
    15. Djedje Hermann Yohou, 2020. "Corruption, Tax reform and Fiscal space in Emerging and Developing Economies," Working Papers hal-02987268, HAL.
    16. Patrick A. Imam, 2010. "Exchange Rate Choices of Microstates," IMF Working Papers 2010/012, International Monetary Fund.
    17. Egger, Peter & Nigai, Sergey & Strecker, Nora, 2016. "The Taxing Deed of Globalization," CEPR Discussion Papers 11259, C.E.P.R. Discussion Papers.
    18. Emmanuel Ekow Asmah & Francis Kwaw Andoh & Edem Titriku, 2020. "Trade misinvoicing effects on tax revenue in sub‐Saharan Africa: The role of tax holidays and regulatory quality," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 91(4), pages 649-672, December.
    19. Fischer, Justina A.V., 2012. "The choice of domestic policies in a globalized economy," MPRA Paper 36990, University Library of Munich, Germany.
    20. Hansson, Åsa & Porter, Susan & Perry Williams, Susan, 2012. "The Effect of Political and Economic Factors on Corporate Tax Rates," Working Paper Series 942, Research Institute of Industrial Economics.
    21. Rabah Arezki & Alou Adesse Dama & Grégoire Rota-Graziosi, 2021. "Working Paper 349 - Revisiting the Relationship between Trade Liberalization and Taxation," Working Paper Series 2475, African Development Bank.
    22. Áron Tóbiás, 2015. "Income Redistribution in Open Economies," CESifo Working Paper Series 5378, CESifo.
    23. Torben M. Andersen & Allan Sørensen, 2012. "Globalization, Tax Distortions, and Public‐Sector Retrenchment," Scandinavian Journal of Economics, Wiley Blackwell, vol. 114(2), pages 409-439, June.
    24. Jorge Martinez-Vazquez & Violeta Vulovic & Yongzheng Liu, 2011. "Direct versus Indirect Taxation: Trends, Theory, and Economic Significance," Chapters, in: Emilio Albi & Jorge Martinez-Vazquez (ed.), The Elgar Guide to Tax Systems, chapter 2, Edward Elgar Publishing.
    25. Sean Higgins, Nora Lustig, Whitney Ruble, and Timothy Smeeding, 2014. "Comparing the Incidence of Taxes and Social Spending in Brazil and the United States - Working Paper 360," Working Papers 360, Center for Global Development.
    26. Gómez Sabaini, Juan Carlos & Morán, Dalmiro, 2014. "Tax policy in Latin America: Assessment and guidelines for a second generation of reforms," Macroeconomía del Desarrollo 36806, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    27. Stevan Luković, 2015. "The Impact Of Globalization On The Characteristics Of Tax Systems Of The European Countries," Economic Annals, Faculty of Economics and Business, University of Belgrade, vol. 60(206), pages 117-140, July - Se.
    28. Åsa Hansson & Susan Porter & Susan Williams, 2015. "The importance of the political process on corporate tax policy," Constitutional Political Economy, Springer, vol. 26(3), pages 281-306, September.
    29. Le, Tuan Minh & Moreno-Dodson, Blanca & Bayraktar, Nihal, 2012. "Tax capacity and tax effort : extended cross-country analysis from 1994 to 2009," Policy Research Working Paper Series 6252, The World Bank.
    30. Alex Ufier, 2017. "The effect of VATs on government balance sheets," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 24(6), pages 1141-1173, December.
    31. Fischer, Justina A.V., 2012. "The choice of domestic policies in a globalized economy: Extended Version," MPRA Paper 37816, University Library of Munich, Germany.

  30. Summers, Lawrence & Zeckhauser, Richard, 2008. "Policymaking for Posterity," Working Paper Series rwp08-040, Harvard University, John F. Kennedy School of Government.

    Cited by:

    1. Robert, Christopher & Zeckhauser, Richard, 2011. "The Methodology of Normative Policy Analysis," Working Paper Series rwp11-004, Harvard University, John F. Kennedy School of Government.
    2. 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.
    3. Stavins, Robert Norman, 2010. "The Problem of the Commons: Still Unsettled After 100 Years," Scholarly Articles 4450130, Harvard Kennedy School of Government.
    4. Farrow Scott & Viscusi W. Kip, 2011. "Towards Principles and Standards for the Benefit-Cost Analysis of Safety," Journal of Benefit-Cost Analysis, De Gruyter, vol. 2(3), pages 1-25, August.
    5. Wagner, Gernot & Zeckhauser, Richard J., 2016. "Confronting Deep and Persistent Climate Uncertainty," Working Paper Series 16-025, Harvard University, John F. Kennedy School of Government.
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    7. Saima Akhtar Qureshi & Muhammad Khan & Muhammad Iftikhar Ul Husnain, 2007. "Gender, Environment, and Sustainable Economic Growth," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 46(4), pages 883-894.
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  55. Lawrence F. Katz & Lawrence H. Summers, 1988. "Can Inter-Industry Wage Differentials Justify Strategic Trade Policy?," NBER Working Papers 2739, National Bureau of Economic Research, Inc.

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    7. Danny Yagan, 2019. "Employment Hysteresis from the Great Recession," Journal of Political Economy, University of Chicago Press, vol. 127(5), pages 2505-2558.
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    36. Hinojosa-Ojeda, Raul A. & Robinson, Sherman & De Paolis, Fernando, 1999. "Regional integration among the unequal: a CGE model of NAFTA and the Central American republics," The North American Journal of Economics and Finance, Elsevier, vol. 10(1), pages 235-292.
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    1. Ernesto Screpanti, 1996. "A Pure Insider Theory of Hysteresis in Employment and Unemployment," Review of Radical Political Economics, Union for Radical Political Economics, vol. 28(4), pages 93-112, December.
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    3. Marco Fongoni & Alex Dickson, 2015. "A theory of wage setting behavior," Working Papers 1505, University of Strathclyde Business School, Department of Economics, revised Feb 2016.
    4. Tavani, Daniele, 2012. "Wage bargaining and induced technical change in a linear economy: Model and application to the US (1963–2003)," Structural Change and Economic Dynamics, Elsevier, vol. 23(2), pages 117-126.
    5. Jakob B. Madsen, 2009. "The Dynamics Of Labour'S Income Shares And The Wage Curve–Phillips Curve Controversy," Scottish Journal of Political Economy, Scottish Economic Society, vol. 56(1), pages 45-72, February.
    6. Cahill, Miles B., 2000. "Exploring the interaction between efficiency wages and labor market frictions," The Quarterly Review of Economics and Finance, Elsevier, vol. 40(1), pages 121-137.
    7. Jiang, Xiandeng & Huang, Ruoyao & Wang, Chuanjie, 2023. "Tax enforcement and efficiency wages: Evidence from China’ Golden Tax Project III," Finance Research Letters, Elsevier, vol. 58(PB).
    8. Garino, Gaia & Martin, Christopher, 2000. "Efficiency wages and union-firm bargaining," Economics Letters, Elsevier, vol. 69(2), pages 181-185, November.
    9. Boyer Robert & Orlean Andre, 1991. "Why are institutional transitions so difficult ?," CEPREMAP Working Papers (Couverture Orange) 9139, CEPREMAP.
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    11. Drakopoulos, Stavros A., 1994. "Trade Union Priorities and Wage Rigidity," MPRA Paper 35791, University Library of Munich, Germany.
    12. Agell, Jonas & Bennmarker, Helge, 2007. "Wage incentives and wage rigidity: A representative view from within," Labour Economics, Elsevier, vol. 14(3), pages 347-369, June.
    13. Leif Brandes & Egon Franck, 2010. "Social Preferences or Personal Career Concerns? Field Evidence on Positive and Negative Reciprocity in the Workplace," Working Papers 0134, University of Zurich, Institute for Strategy and Business Economics (ISU), revised May 2012.
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    17. Andrew E. Clark & David Masclet & Marie Claire Villeval, 2006. "Effort and Comparison Income : Survey and Experimental Evidence," Post-Print halshs-00142880, HAL.
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    22. Drakopoulos, Stavros A., 2008. "The Concept Of Comparison Income: An Historical Perspective," MPRA Paper 8713, University Library of Munich, Germany.
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    26. Hernán Bejarano & Brice Corgnet & Joaquín Gómez-Miñambres, 2021. "Labor contracts, gift-exchange and reference wages: Your gift need not be mine," Working Papers 56, Red Nacional de Investigadores en Economía (RedNIE).
    27. Max Albert & Jürgen Meckle, 2001. "Efficiency‐Wage Unemployment and Intersectoral Wage Differentials in a Heckscher–Ohlin Model," German Economic Review, Verein für Socialpolitik, vol. 2(3), pages 287-301, August.
    28. Agell, Jonas & Bennmarker, Helge, 2002. "Wage policy and endogenous wage rigidity: a representative view from the inside," Working Paper Series 2002:12, IFAU - Institute for Evaluation of Labour Market and Education Policy.
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    33. Michael H Belzer, 2018. "Work-stress factors associated with truck crashes: An exploratory analysis," The Economic and Labour Relations Review, , vol. 29(3), pages 289-307, September.
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    35. Chong Ju Choi & Philip Cheng & Brian Hilton, 2004. "European Union: Economic Convergenceversus Social Mobility," Tijdschrift voor Economische en Sociale Geografie, Royal Dutch Geographical Society KNAG, vol. 95(4), pages 427-432.
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    38. Meckl, Jurgen, 2004. "Accumulation of technological knowledge, wage differentials, and unemployment," Journal of Macroeconomics, Elsevier, vol. 26(1), pages 65-82, March.
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    36. Liu, Ruiming & Si, Haiping & Miao, Miao, 2022. "One false step can make a great difference: Does corporate litigation cause the exit of the controlling shareholder?," Journal of Corporate Finance, Elsevier, vol. 73(C).
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    1. Robert S. Pindyck & Julio J. Rotemberg, 1990. "Do Stock Prices Move Together Too Much?," NBER Working Papers 3324, National Bureau of Economic Research, Inc.
    2. Huntley Schaller & Robert Chirinko, 1993. "Bubbles, Fundamentals, and Investment: A Multiple Equation Testing Strategy," Carleton Economic Papers 93-08, Carleton University, Department of Economics, revised Aug 1996.
    3. Savor, Pavel G., 2012. "Stock returns after major price shocks: The impact of information," Journal of Financial Economics, Elsevier, vol. 106(3), pages 635-659.
    4. Tobias A. Jopp, 2014. "How did the capital market evaluate Germany’s prospects for winning World War I? Evidence from the Amsterdam market for government bonds," Working Papers 0052, European Historical Economics Society (EHES).
    5. Stanley, H.E. & Gabaix, Xavier & Gopikrishnan, Parameswaran & Plerou, Vasiliki, 2007. "Economic fluctuations and statistical physics: Quantifying extremely rare and less rare events in finance," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 382(1), pages 286-301.
    6. Charles, Amélie & Darné, Olivier, 2014. "Large shocks in the volatility of the Dow Jones Industrial Average index: 1928–2013," Journal of Banking & Finance, Elsevier, vol. 43(C), pages 188-199.
    7. Madarász, Aladár, 2011. "Buborékok és legendák. Válságok és válságmagyarázatok - II/1. rész. A Déltengeri Társaság [Bubbles and myths, crises and explanations II/1: the South Sea bubble]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(11), pages 909-948.
    8. Brown, William Jr. & Burdekin, Richard C.K. & Weidenmier, Marc D., 2006. "Volatility in an era of reduced uncertainty: Lessons from Pax Britannica," Journal of Financial Economics, Elsevier, vol. 79(3), pages 693-707, March.
    9. Fabrizio Lillo & Salvatore Miccich`e & Michele Tumminello & Jyrki Piilo & Rosario Nunzio Mantegna, 2012. "How news affect the trading behavior of different categories of investors in a financial market," Papers 1207.3300, arXiv.org.
    10. Kim Oosterlinck & John Landon-Lane, 2006. "Hope springs eternal - French bondholders and the Soviet repudiation (1915-1919)," ULB Institutional Repository 2013/142696, ULB -- Universite Libre de Bruxelles.
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  60. William T. Dickens & Lawrence F. Katz & Kevin Lang & Lawrence H. Summers, 1987. "Employee Crime, Monitoring, and the Efficiency Wage Hypothesis," NBER Working Papers 2356, National Bureau of Economic Research, Inc.

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    1. P. K. Edwards, 1992. "Industrial Conflict: Themes and Issues in Recent Research," British Journal of Industrial Relations, London School of Economics, vol. 30(3), pages 361-404, September.
    2. George A. Akerlof & Lawrence F. Katz, 1989. "Workers' Trust Funds and the Logic of Wage Profiles," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 104(3), pages 525-536.
    3. William T. Dickens & Kevin Lang, 1992. "Labor Market Segmentation Theory: Reconsidering the Evidence," NBER Working Papers 4087, National Bureau of Economic Research, Inc.

  61. Lawrence H. Goulder & Lawrence H. Summers, 1987. "Tax Policy, Asset Prices, and Growth: A General Equilibrium Analysis," NBER Working Papers 2128, National Bureau of Economic Research, Inc.

    Cited by:

    1. Diao, Xinshen & Roe, Terry L. & Yeldan, A. Erinc, 1998. "How Fiscal (Mis)-Management May Impede Trade Reform: Lessons From an Intertemporal, Multi-Sector General Equilibrium Model for Turkey," Bulletins 7459, University of Minnesota, Economic Development Center.
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    5. Diao, Xinshen & Roe, Terry & Yeldan, Erinc, 1999. "Strategic policies and growth: an applied model of R&D-driven endogenous growth," Journal of Development Economics, Elsevier, vol. 60(2), pages 343-380, December.
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    13. Cho, G.L. & Kim, Hyo-Sun & Kim, Y.D., 2010. "Allocation and banking in Korean permits trading," Resources Policy, Elsevier, vol. 35(1), pages 36-46, March.
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    31. Dixon, Peter B. & Pearson, K.R. & Picton, Mark R. & Rimmer, Maureen T., 2005. "Rational expectations for large CGE models: A practical algorithm and a policy application," Economic Modelling, Elsevier, vol. 22(6), pages 1001-1019, December.
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    34. McKibbin, Warwick J. & Wilcoxen, Peter J., 2013. "A Global Approach to Energy and the Environment," Handbook of Computable General Equilibrium Modeling, in: Peter B. Dixon & Dale Jorgenson (ed.), Handbook of Computable General Equilibrium Modeling, edition 1, volume 1, chapter 0, pages 995-1068, Elsevier.
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    44. Voyvoda, Ebru & Yeldan, Erinç, 2015. "Public policy and growth in Canada: An applied endogenous growth model with human and knowledge capital accumulation," Economic Modelling, Elsevier, vol. 50(C), pages 298-309.
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    64. Breisinger, Clemens & Diao, Xinshen & Wiebelt, Manfred, 2014. "Can oil-led growth and structural change go hand in hand in Ghana?," Journal of Policy Modeling, Elsevier, vol. 36(3), pages 507-523.
    65. James M. Poterba, 1992. "Taxation and Housing Markets," NBER Chapters, in: Canada-U.S. Tax Comparisons, pages 275-294, National Bureau of Economic Research, Inc.
    66. Lawrence H. Goulder, 1989. "Tax Policy, Housing Prices, and Housing Investment," NBER Working Papers 2814, National Bureau of Economic Research, Inc.
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    68. World Bank, 2001. "Mexico Energy Environment Review," World Bank Publications - Reports 20297, The World Bank Group.
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  62. Lawrence H. Summers, 1987. "Should Tax Reform Level the Playing Field?," NBER Working Papers 2132, National Bureau of Economic Research, Inc.

    Cited by:

    1. Liu, Yang & Yang, Jinqiang, 2015. "Optimal investment of private equity," Finance Research Letters, Elsevier, vol. 14(C), pages 76-86.
    2. Joel Slemrod, 1989. "Optimal Taxation and Optimal Tax Systems," NBER Working Papers 3038, National Bureau of Economic Research, Inc.
    3. Donald Bruce & William Fox & Matthew Murray, 2003. "To Tax Or Not To Tax? The Case Of Electronic Commerce," Contemporary Economic Policy, Western Economic Association International, vol. 21(1), pages 25-40, January.
    4. Hines, James R. & Park, Jongsang, 2019. "Investment ramifications of distortionary tax subsidies," Journal of Public Economics, Elsevier, vol. 172(C), pages 36-51.
    5. Auerbach, Alan J., 1989. "The deadweight loss from `non-neutral' capital income taxation," Journal of Public Economics, Elsevier, vol. 40(1), pages 1-36, October.
    6. Estelle P. Dauchy, 2013. "The Efficiency Cost of Asset Taxation in the U.S. after Accounting for Intangible Assets," Working Papers w0199, Center for Economic and Financial Research (CEFIR).
    7. Conesa, Juan C. & Domínguez, Begoña, 2013. "Intangible investment and Ramsey capital taxation," Journal of Monetary Economics, Elsevier, vol. 60(8), pages 983-995.
    8. Don Fullerton & Andrew B. Lyon, 1987. "Tax Neutrality and Intangible Capital," NBER Working Papers 2430, National Bureau of Economic Research, Inc.
    9. Estelle P. Dauchy, 2013. "The Efficiency Cost of Asset Taxation in the U.S. after Accounting for Intangible Assets," Working Papers w0199, New Economic School (NES).
    10. Emmanuel Ekow Asmah & Francis Kwaw Andoh & Edem Titriku, 2020. "Trade misinvoicing effects on tax revenue in sub‐Saharan Africa: The role of tax holidays and regulatory quality," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 91(4), pages 649-672, December.

  63. Andrei Shleifer & Lawrence H. Summers, 1987. "Breach of Trust in Hostile Takeovers," NBER Working Papers 2342, National Bureau of Economic Research, Inc.

    Cited by:

    1. Gian Luca Clementi & Thomas F. Cooley & Cheng Wang, "undated". "Stock Grants as Commitment Device," GSIA Working Papers 2002-E12, Carnegie Mellon University, Tepper School of Business.
    2. Bowlus, A.J. & Eckstein, Z., 1998. "Discrimination and Skill Differences in an Equilibrium Search Model," Papers 04-98, Tel Aviv.
    3. Simon Deakin & Ajit Singh, 2009. "The Stock Market, the Market for Corporate Control and the Theory of the Firm: Legal and Economic Perspectives and Implications for Public Policy," Chapters, in: Per-Olof Bjuggren & Dennis C. Mueller (ed.), The Modern Firm, Corporate Governance and Investment, chapter 9, Edward Elgar Publishing.
    4. Sari Pekkala Kerr & William R. Kerr & William F. Lincoln, 2012. "Skilled Immigration and the Employment Structures of U.S. Firms," NBER Chapters, in: US High-Skilled Immigration in the Global Economy, pages 147-186, National Bureau of Economic Research, Inc.
    5. von Thadden, Ernst-Ludwig & Perotti, Enrico, 2003. "The Political Economy of Bank and Equity Dominance," CEPR Discussion Papers 3914, C.E.P.R. Discussion Papers.
    6. Castaneda, Gonzalo, 2006. "Economic growth and concentrated ownership in stock markets," Journal of Economic Behavior & Organization, Elsevier, vol. 59(2), pages 249-286, February.
    7. Pagano, Marco & Ellul, Andrew & Schivardi, Fabiano, 2015. "Employment and Wage Insurance within Firms: Worldwide Evidence," CEPR Discussion Papers 10711, C.E.P.R. Discussion Papers.
    8. Hassan, M. Kabir & Houston, Reza & Karim, M. Sydul, 2021. "Courting innovation: The effects of litigation risk on corporate innovation," Journal of Corporate Finance, Elsevier, vol. 71(C).
    9. Hashem, Nawar & Ugur, Mehmet, 2012. "Market Concentration, Corporate Governance and Innovation: Partial and Combined Effects in US-Listed Firms," MPRA Paper 44135, University Library of Munich, Germany, revised Sep 2012.
    10. Chiaki Moriguchi, 2005. "Did American Welfare Capitalists Breach Their Implicit Contracts during the Great Depression? Preliminary Findings from Company-Level Data," ILR Review, Cornell University, ILR School, vol. 59(1), pages 51-81, October.
    11. Heinrich, Ralph P., 1999. "Complementarities in Corporate Governance - A Survey of the Literature with Special Emphasis on Japan," Kiel Working Papers 947, Kiel Institute for the World Economy (IfW Kiel).
    12. Renneboog, L.D.R. & Simons, T., 2005. "Public-to-Private Transactions : LBOs, MBOs, MBIs and IBOs," Other publications TiSEM cc5ad867-76a9-43ab-b903-3, Tilburg University, School of Economics and Management.
    13. Martin Strieborny & Madina Kukenova, 2011. "Investment in Relationship-Specific Assets: Does Finance Matter?," CESifo Working Paper Series 3349, CESifo.
    14. Matsuura, Tsukasa & Noda, Tomohiko, 2017. "Employee representation in japanese family and non-family SMEs," MPRA Paper 81539, University Library of Munich, Germany.
    15. Burkart, Mike & Raff, Konrad, 2015. "Performance pay, CEO dismissal, and the dual role of takeovers," LSE Research Online Documents on Economics 69539, London School of Economics and Political Science, LSE Library.
    16. Marinescu, Ioana E. & Ouss, Ivan & Pape, Louis-Daniel, 2020. "Wages, Hires, and Labor Market Concentration," IZA Discussion Papers 13244, Institute of Labor Economics (IZA).
    17. Steven J. Davis & John C. Haltiwanger & Kyle Handley & Ben Lipsius & Josh Lerner & Javier Miranda, 2021. "The economic effects of private equity buyouts," Jena Economics Research Papers 2021-013, Friedrich-Schiller-University Jena.
    18. Randall Morck & Masao Nakamura, 2000. "Japanese Corporate Governance and Macroeconomic Problems," Harvard Institute of Economic Research Working Papers 1893, Harvard - Institute of Economic Research.
    19. Singh, Ajit, 1998. "Liberalisation, the stock market and the market for corporate control: a bridge too far for the Indian economy?," MPRA Paper 54929, University Library of Munich, Germany.
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    22. Gehrke, Britta & Maug, Ernst & Obernberger, Stefan & Schneider, Christoph, 2021. "Post-merger Restructuring of the Labor Force," IZA Discussion Papers 14409, Institute of Labor Economics (IZA).
    23. Raghuram G. Rajan & Luigi Zingales, "undated". "Power in a Theory of the Firm," CRSP working papers 335, Center for Research in Security Prices, Graduate School of Business, University of Chicago.
    24. Lans Bovenberg & Coen Teulings, 2008. "Rhineland exit," CPB Discussion Paper 101, CPB Netherlands Bureau for Economic Policy Analysis.
    25. Martin Hellwig, 2021. "‘Capitalism: what has gone wrong?’: Who went wrong? Capitalism? The market economy? Governments? ‘Neoliberal’ economics? [‘It Takes a Village to Maintain a Dangerous Financial System’, ch. 13]," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 37(4), pages 664-677.
    26. Ugur Lel, 2006. "Currency hedging and corporate governance: a cross-country analysis," International Finance Discussion Papers 858, Board of Governors of the Federal Reserve System (U.S.).
    27. Steven J. Davis & John Haltiwanger & Kyle Handley & Ron Jarmin & Josh Lerner & Javier Miranda, 2014. "Private Equity, Jobs, and Productivity," American Economic Review, American Economic Association, vol. 104(12), pages 3956-3990, December.
    28. Josef Lakonishok & Andrei Shleifer & Robert W. Vishny, 1992. "The Structure and Performance of the Money Management Industry," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 23(1992 Micr), pages 339-391.
    29. Armstrong, Christopher S. & Balakrishnan, Karthik & Cohen, Daniel, 2012. "Corporate governance and the information environment: Evidence from state antitakeover laws," Journal of Accounting and Economics, Elsevier, vol. 53(1), pages 185-204.
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    1. Roland Gillet & Ariane Szafarz, 2004. "Marchés financiers et anticipations rationnelles," Reflets et perspectives de la vie économique, De Boeck Université, vol. 0(2), pages 7-17.
    2. David Peel & Alan Speight, 1994. "Testing for non-linear dependence in inter-war exchange rates," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 130(2), pages 391-417, June.
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    4. Costola, Michele & Hinz, Oliver & Nofer, Michael & Pelizzon, Loriana, 2023. "Machine learning sentiment analysis, COVID-19 news and stock market reactions," Research in International Business and Finance, Elsevier, vol. 64(C).
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    6. Kenneth A. Froot & David S. Scharfstein & Jeremy C. Stein, 1990. "Herd on the Street: Informational Inefficiencies in a Market with Short-Term Speculation," NBER Working Papers 3250, National Bureau of Economic Research, Inc.
    7. Pacces, Alessio M., 2000. "Financial intermediation in the securities markets law and economics of conduct of business regulation," International Review of Law and Economics, Elsevier, vol. 20(4), pages 479-510, December.
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    9. Naik, Narayan Y., 1997. "On aggregation of information in competitive markets: The dynamic case," Journal of Economic Dynamics and Control, Elsevier, vol. 21(7), pages 1199-1227, June.
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    11. Jeffrey Frankel and Kenneth Froot., 1991. "Exchange Rate Forecasting Techniques, Survey Data, and Implications for the Foreign Exchange Market," Economics Working Papers 91-158, University of California at Berkeley.
    12. Dornbusch, Rudiger & Frankel, Jeffrey, 1988. "The Flexible Exchange Rate System: Experience and Alternatives," Department of Economics, Working Paper Series qt5ct1w459, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
    13. Xiong Xiong & Ya Gao & Xu Feng, 2017. "Successive short‐selling ban lifts and gradual price efficiency: evidence from China," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 57(5), pages 1557-1604, December.
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    15. Razvan Stefanescu & Ramona Dumitriu, 2016. "Contrarian and Momentum Profits during Periods of High Trading Volume preceded by Stock Prices Shocks," Risk in Contemporary Economy, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, pages 378-384.
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    19. Shawn Fremstad, 2008. "Measuring Poverty and Economic Inclusion: The Current Poverty Measure, the NAS Alternative, and the Case for a Truly New Approach," CEPR Reports and Issue Briefs 2008-36, Center for Economic and Policy Research (CEPR).
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  65. James M. Poterba & Lawrence H. Summers, 1987. "Recent Evidence on Budget Deficits and National Savings," NBER Working Papers 2144, National Bureau of Economic Research, Inc.

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    1. Bilgili, Faik, 1999. "Yeni Klasik kurama göre bütçe politikalarının değerlendirilmesi [An evaluation of New Classical arguments on budget policies]," MPRA Paper 80771, University Library of Munich, Germany.

  66. Chris Carroll & Lawrence H. Summers, 1987. "Why Have Private Saving Rates in the United States and Canada Diverged?," NBER Working Papers 2319, National Bureau of Economic Research, Inc.

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    1. Selart, Marcus & Karlsson, Niklas & Garling, Tommy, 1997. "Self-control and loss aversion in intertemporal choice," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 26(5), pages 513-524.
    2. Roberto Bande & Dolores Riveiro, 2012. "Private Saving Rates and Macroeconomic Uncertainty: Evidence from Spanish Regional Data," Documentos de trabajo - IRENe 0004, IDEGA - Instituto Universitario de Estudios e Desenvolvemento de Galicia.
    3. Michael Sherraden & Mark Schreiner & Sondra Beverly, 2003. "Income, Institutions, and Saving Performance in Individual Development Accounts," Economic Development Quarterly, , vol. 17(1), pages 95-112, February.
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    6. Barbosa, Fernando de Holanda, 1993. "La indexación de los activos financieros: la experiencia brasileña," Sede de la CEPAL en Santiago (Estudios e Investigaciones) 30218, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    7. Glenn Jenkins, 1991. "Privatization And Pension Reform In Transition Economies," Development Discussion Papers 1992-03, JDI Executive Programs.
    8. Morandé, Felipe, 1993. "Indización financiera, ahorro privado e inercia inflacionaria: el caso de Chile," Sede de la CEPAL en Santiago (Estudios e Investigaciones) 30220, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    9. Paquet, Alain, 1999. "Prudence fiscale, indicateurs d’endettement et évolution de l’état des finances des administrations publiques au Canada," L'Actualité Economique, Société Canadienne de Science Economique, vol. 75(1), pages 475-518, mars-juin.
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    14. Eric M. Engen & William G. Gale & John Karl Scholz, 1996. "The Effects of Tax-Based Saving Incentives On Saving and Wealth," NBER Working Papers 5759, National Bureau of Economic Research, Inc.
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    27. Guin, Benjamin, 2017. "Culture and household saving," Working Paper Series 2069, European Central Bank.
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    31. Frank T. Denton & Byron G. Spencer, 1999. "Population Aging and Its Economic Costs: A Survey of the Issues and Evidence," Quantitative Studies in Economics and Population Research Reports 340, McMaster University.
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    33. A. Forteza & M. Rama, 1992. "Indexación de activos financieros y ahorro privado: la experiencia uruguaya," Documentos de Trabajo (working papers) 0292, Department of Economics - dECON.
    34. Prema-Chandra Athukorala & Pang-Long Tsai, 2003. "Determinants of Household Saving in Taiwan: Growth, Demography and Public Policy," Journal of Development Studies, Taylor & Francis Journals, vol. 39(5), pages 65-88.
    35. William G. Gale & Peter R. Orszag, 2004. "Budget Deficits, National Saving, and Interest Rates," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 35(2), pages 101-210.
    36. Canavese, Alfredo Juan, 1993. "Indización de activos financieros: la experiencia argentina," Sede de la CEPAL en Santiago (Estudios e Investigaciones) 30217, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    37. Gilles Bérubé & Denise Côté, 2000. "Long-Term Determinants of the Personal Savings Rate: Literature Review and Some Empirical Results for Canada," Staff Working Papers 00-3, Bank of Canada.
    38. Laurence Bloch & Françoise Maurel, 1991. "Consommation-revenu permanent : un regard d'économètre," Économie et Prévision, Programme National Persée, vol. 99(3), pages 113-144.
    39. Lora, Eduardo & Sánchez Torres, Fabio, 1993. "Indización de activos financieros en Colombia," Sede de la CEPAL en Santiago (Estudios e Investigaciones) 30219, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    40. Frank T. Denton & Byron G. Spencer, 1999. "Population Aging and Its Costs: A Survey of the Issues and Evidence," Department of Economics Working Papers 1999-03, McMaster University.
    41. Robin Boadway & David Wildasin, 1994. "Taxation and savings: a survey," Fiscal Studies, Institute for Fiscal Studies, vol. 15(3), pages 19-63, August.
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    43. Benczúr, Péter, 2007. "Az adókulcsok hatása a különböző gazdasági szereplők viselkedésére - irodalmi összefoglaló [The effect of tax rates on the behaviour of various economic actors. A review of the literature]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(2), pages 125-141.
    44. Skolnik, Amy, 1989. "The U.S. - Canada free trade agreement: A model for Finland?," Bank of Finland Research Discussion Papers 05/1989, Bank of Finland.
    45. David J. Smyth & Yu Hsing, 1995. "In Search Of An Optimal Debt Ratio For Economic Growth," Contemporary Economic Policy, Western Economic Association International, vol. 13(4), pages 51-59, October.
    46. Beverly, Sondra G. & Sherraden, Michael, 1999. "Institutional determinants of saving: implications for low-income households and public policy," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 28(4), pages 457-473.
    47. Koskela, Erkki & Virén, Matti, 1991. "Household saving, interest rates, inflation and taxation: some cross-country evidence," Bank of Finland Research Discussion Papers 10/1991, Bank of Finland.

  67. James M. Poterba & Lawrence H. Summers, 1987. "Mean Reversion in Stock Prices: Evidence and Implications," NBER Working Papers 2343, National Bureau of Economic Research, Inc.

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    1. John Y. Campbell, 1990. "Measuring the Persistence of Expected Returns," NBER Working Papers 3305, National Bureau of Economic Research, Inc.
    2. M. Fatih Guvenen, 2003. "A Parsimonious Macroeconomic Model for Asset Pricing: Habit Formation or Cross-sectional Heterogeneity?," RCER Working Papers 499, University of Rochester - Center for Economic Research (RCER).
    3. Malliaropulos, Dimitrios & Priestley, Richard, 1999. "Mean reversion in Southeast Asian stock markets," Journal of Empirical Finance, Elsevier, vol. 6(4), pages 355-384, October.
    4. Siddiqi, Hammad, 2014. "Analogy Making and the Structure of Implied Volatility Skew," MPRA Paper 60921, University Library of Munich, Germany.
    5. Siddiqi, Hammad, 2013. "Analogy Making in Complete and incomplete Markets: A New Model for Pricing Contingent Claims," Risk and Sustainable Management Group Working Papers 160608, University of Queensland, School of Economics.
    6. Assaf, Ata, 2016. "MENA stock market volatility persistence: Evidence before and after the financial crisis of 2008," Research in International Business and Finance, Elsevier, vol. 36(C), pages 222-240.
    7. Angelovska, Julijana, 2018. "Testing Weak Form Of Stock Market Efficiency At The Macedonian Stock Exchange," UTMS Journal of Economics, University of Tourism and Management, Skopje, Macedonia, vol. 9(2), pages 133-144.
    8. Robert S. Pindyck & Julio J. Rotemberg, 1990. "Do Stock Prices Move Together Too Much?," NBER Working Papers 3324, National Bureau of Economic Research, Inc.
    9. Huntley Schaller & Robert Chirinko, 1993. "Bubbles, Fundamentals, and Investment: A Multiple Equation Testing Strategy," Carleton Economic Papers 93-08, Carleton University, Department of Economics, revised Aug 1996.
    10. Fredj Jawadi & Georges Prat, 2012. "Arbitrage costs and nonlinear adjustment in the G7 stock markets," Applied Economics, Taylor & Francis Journals, vol. 44(12), pages 1561-1582, April.
    11. Meng, Rujing & Wong, Kit Pong, 2010. "Multinationals and futures hedging: An optimal stopping approach," Global Finance Journal, Elsevier, vol. 21(1), pages 13-25.
    12. Daniel L. Tortorice, 2014. "Equity Return Predictability, Time Varying Volatility and Learning About the Permanence of Shocks," Working Papers 70, Brandeis University, Department of Economics and International Business School.
    13. Guglielmo Maria Caporale & Juncal Cunado & Luis A. Gil-Alana, 2008. "Modelling Long-Run Trends and Cycles in Financial Time Series Data," CESifo Working Paper Series 2330, CESifo.
    14. Nengjiu Ju & Jianjun Miao, "undated". "Ambiguity, Learning, and Asset Returns," Boston University - Department of Economics - Working Papers Series wp2009-014, Boston University - Department of Economics.
    15. Kim, Chang-Jin & Morley, James C. & Nelson, Charles R., 2001. "Does an intertemporal tradeoff between risk and return explain mean reversion in stock prices?," Journal of Empirical Finance, Elsevier, vol. 8(4), pages 403-426, September.
    16. Emmanuel Anoruo & Luis Alberiko Gil-Alaña, 2010. "Mean reversion and long memory in African stock market prices," NCID Working Papers 01/2011, Navarra Center for International Development, University of Navarra.
    17. Xue, Wen-Jun & Zhang, Li-Wen, 2017. "Stock return autocorrelations and predictability in the Chinese stock market—Evidence from threshold quantile autoregressive models," Economic Modelling, Elsevier, vol. 60(C), pages 391-401.
    18. William Barnett & Apostolos Serletis & Demitre Serletis, 2012. "Nonlinear and Complex Dynamics in Economics," WORKING PAPERS SERIES IN THEORETICAL AND APPLIED ECONOMICS 201238, University of Kansas, Department of Economics, revised Sep 2012.
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    1. Alan J. Auerbach & James M. Poterba, 1987. "Tax Loss Carryforwards and Corporate Tax Incentives," NBER Chapters, in: The Effects of Taxation on Capital Accumulation, pages 305-342, National Bureau of Economic Research, Inc.
    2. Daniel Feenberg & Lawrence H. Summers, 1990. "Who Benefits from Capital Gains Tax Reductions?," NBER Chapters, in: Tax Policy and the Economy: Volume 4, pages 1-24, National Bureau of Economic Research, Inc.
    3. Lawrence H. Summers, 1986. "Investment Incentives and the Discounting of Depreciation Allowances," NBER Working Papers 1941, National Bureau of Economic Research, Inc.
    4. Alan J. Auerbach & David Reishus, 1988. "The Effects of Taxation on the Merger Decision," NBER Chapters, in: Corporate Takeovers: Causes and Consequences, pages 157-190, National Bureau of Economic Research, Inc.
    5. Poterba, James M, 1987. "Tax Evasion and Capital Gains Taxation," American Economic Review, American Economic Association, vol. 77(2), pages 234-239, May.
    6. Goulder, Lawrence H. & Thalmann, Philippe, 1993. "Approaches to efficient capital taxation : Leveling the playing field vs. living by the golden rule," Journal of Public Economics, Elsevier, vol. 50(2), pages 169-196, February.
    7. Richard K. Green & Michelle J. White, 1994. "Measuring the Benefits of Homeowning: Effects on Children," Wisconsin-Madison CULER working papers 94-05, University of Wisconsin Center for Urban Land Economic Research.
    8. Edwin S. Mills, 1987. "Has the United States Overinvested in Housing?," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 15(1), pages 601-616, March.
    9. Mihir Desai & William M. Gentry, 2003. "The Character and Determinants of Corporate Capital Gains," NBER Working Papers 10153, National Bureau of Economic Research, Inc.
    10. Andrei Shleifer & Robert W. Vishny, 1987. "Management Buyouts as a Response to Market Pressure," NBER Chapters, in: Mergers and Acquisitions, pages 87-102, National Bureau of Economic Research, Inc.
    11. Wood, Gavin A., 2001. "Are There Tax Arbitrage Opportunities in Private Rental Housing Markets?," Journal of Housing Economics, Elsevier, vol. 10(1), pages 1-20, March.
    12. George R. Zodrow, 1988. "The Windfall Recapture Tax: Issues of Theory and Design," Public Finance Review, , vol. 16(4), pages 387-424, October.
    13. A. Lans Bovenberg & Lawrence H. Goulder, 1989. "Promoting Investment under International Capital Mobility: An Intertemporal General Equilibrium Analysis," NBER Working Papers 3139, National Bureau of Economic Research, Inc.
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    18. Cui, Wei & Hicks, Jeffrey & Xing, Jing, 2022. "Cash on the table? Imperfect take-up of tax incentives and firm investment behavior," Journal of Public Economics, Elsevier, vol. 208(C).
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    34. Ms. Evridiki Tsounta, 2011. "Home Sweet Home: Government's Role in Reaching the American Dream," IMF Working Papers 2011/191, International Monetary Fund.

  70. James M. Poterba & Lawrence H. Summers, 1986. "Finite Lifetimes and the Effects of Budget Deficits on National Savings," Working papers 434, Massachusetts Institute of Technology (MIT), Department of Economics.

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    1. Dieppe, Alistair & Mourinho Félix, Ricardo & Marchiori, Luca & Grech, Owen & Albani, Maria & Lalouette, Laure & Kulikov, Dmitry & Papadopoulou, Niki & Sideris, Dimitris & Irac, Delphine & Gordo Mora, , 2015. "Public debt, population ageing and medium-term growth," Occasional Paper Series 165, European Central Bank.
    2. Heathcote, Jonathan, 1999. "Fiscal Policy with Heterogeneous Agents and Incomplete Markets," SSE/EFI Working Paper Series in Economics and Finance 319, Stockholm School of Economics, revised 28 Jul 1999.
    3. Otto Gandenberger, 2000. "Is the Fiscal Deficit Misconceived? Proponents of Generational Accounting Overstate their Case," CESifo Working Paper Series 282, CESifo.
    4. Kenneth Kasa, 1994. "Finite horizons and the twin deficits," Economic Review, Federal Reserve Bank of San Francisco, pages 19-28.
    5. Andrew B. Abel, 1988. "Consumption and Investment," NBER Working Papers 2580, National Bureau of Economic Research, Inc.
    6. Michel Normandin, 1996. "Budget Deficit Persistence and the Twin Deficits Hypothesis," Macroeconomics 9607001, University Library of Munich, Germany.
    7. Kostas Drakos, 2001. "Testing the Ricardian Equivalence Theorem: Time Series Evidence from Greece," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 26(1), pages 149-160, June.
    8. Ferrucci, Gianluigi & Miralles, Cesar, 2007. "Saving behaviour and global imbalances: the role of emerging market economies," Working Paper Series 842, European Central Bank.
    9. James M. Poterba & David Stockman & Charles Schultze, 1994. "Budget Policy," NBER Chapters, in: American Economic Policy in the 1980s, pages 235-292, National Bureau of Economic Research, Inc.
    10. Douglas W. Elmendorf & N. Gregory Mankiw, 1998. "Government Debt," NBER Working Papers 6470, National Bureau of Economic Research, Inc.
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    13. Joseph E. Gagnon, 1989. "A forward-looking multicountry model: MX3," International Finance Discussion Papers 359, Board of Governors of the Federal Reserve System (U.S.).
    14. Kimball, Miles S. & Mankiw, N. Gregory, 1989. "Precautionary Saving and the Timing of Taxes," Scholarly Articles 3443105, Harvard University Department of Economics.
    15. R. Glenn Hubbard & Kenneth L. Judd, 1987. "Finite Lifetimes, Borrowing Constraints, and Short-Run Fiscal Policy," NBER Working Papers 2158, National Bureau of Economic Research, Inc.
    16. John B. Shoven & Scott B. Smart & Joel Waldfogel, 1991. "Real Interest Rates and the Savings and Loan Crisis: The Moral Hazard Premium," NBER Working Papers 3754, National Bureau of Economic Research, Inc.
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    19. Jerry A. Hausman & James M. Poterba, 1987. "Household Behavior and the Tax Reform Act of 1986," NBER Working Papers 2120, National Bureau of Economic Research, Inc.
    20. Alan J. Auerbach & Laurence J. Kotlikoff, 1989. "Demographics, Fiscal Policy, and U.S. Saving in the 1980s and Beyond," NBER Working Papers 3150, National Bureau of Economic Research, Inc.
    21. Waldo Mendoza Bellido, 2013. "Política fiscal y demanda agregada: Keynes y Barro-Ricardo," Documentos de Trabajo / Working Papers 2013-350, Departamento de Economía - Pontificia Universidad Católica del Perú.
    22. Farmer, Roger & Zabczyk, Pawel, 2022. "Monetary and Fiscal Policy when People have Finite Lives," CEPR Discussion Papers 13432, C.E.P.R. Discussion Papers.
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    25. Richard D. F. Harris & Jian Shen & Evarist Stoja, 2010. "The Limits to Minimum‐Variance Hedging," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 37(5‐6), pages 737-761, June.
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    28. Ghassan, Hassan B., 2003. "آثار عجز الميزانية على الإدخار الخاص في الإقتصاد المغربي عبر نمذجة التقهقر الذاتي البنيوي [Effects of Budget Deficit on Private Savings in Moroccan Economy using SVAR Modeling]," MPRA Paper 56435, University Library of Munich, Germany, revised 07 Feb 2004.
    29. Becker, Torbjörn, 1995. "Government Debt and Private Consumption: Theory and Evidence," SSE/EFI Working Paper Series in Economics and Finance 71, Stockholm School of Economics.
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    34. Roger Farmer & Pawel Zabczyk, 2019. "The Fiscal Theory of the Price Level in Overlapping Generations Models," National Institute of Economic and Social Research (NIESR) Discussion Papers 498, National Institute of Economic and Social Research.
    35. Emmanuel Apergis & Nicholas Apergis, 2019. "“Sakura” has not grown in a day: infrastructure investment and economic growth in Japan under different tax regimes," Empirical Economics, Springer, vol. 57(2), pages 541-567, August.
    36. Roberto Ricciuti, 2003. "Assessing Ricardian Equivalence," Journal of Economic Surveys, Wiley Blackwell, vol. 17(1), pages 55-78, February.
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    41. GHASSAN, Hassan, 2007. "Does The Constraint In The Matrix Of Long Run Effects Bias The Ricardian Equivalence Test?," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 7(1).
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    43. Agustín García & Julián Ramajo, "undated". "Los Efectos De La Política Fiscal Sobre El Consumo Privado: Nueva Evidencia Para El Caso Español," Working Papers 13-02 Classification-JEL , Instituto de Estudios Fiscales.
    44. François Geerolf & Thomas Grjebine, 2018. "Property Tax Shocks and Macroeconomics," Working Papers 2018-03, CEPII research center.
    45. Ghassan, Hassan B., 2003. "Test de l’équivalence Ricardienne par la Modélisation SVAR [Ricardian Equivalence Test by SVAR Modeling]," MPRA Paper 56459, University Library of Munich, Germany, revised 05 Mar 2004.

  71. Alan B. Krueger & Lawrence H. Summers, 1986. "Efficiency Wages and the Wage Structure," NBER Working Papers 1952, National Bureau of Economic Research, Inc.

    Cited by:

    1. Mabel Pisa & Rosario Sánchez, 2016. "Work Incentive and Productivity in Spain," Prague Economic Papers, Prague University of Economics and Business, vol. 2016(1), pages 99-111.
    2. James M. Holmes & Patricia A. Hutton, 2005. "A Stochastic Monopsony Theory of the Business Cycle," Economic Inquiry, Western Economic Association International, vol. 43(1), pages 206-219, January.
    3. Josheski, Dushko & Magdinceva-Sopova, Marija, 2014. "Еconomic theory and the New-Keynesian school," EconStor Preprints 90909, ZBW - Leibniz Information Centre for Economics.
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    6. Laurence J. Kotlikoff & Jianjun Miao, 2010. "What Does the Corporate Income Tax Tax? A Simple Model Without Capital," Boston University - Department of Economics - Working Papers Series WP2010-013, Boston University - Department of Economics.
    7. George R. Zodrow, 2019. "Intrajurisdictional Capitalization and the Incidence of the Property Tax," World Scientific Book Chapters, in: George R Zodrow (ed.), TAXATION IN THEORY AND PRACTICE Selected Essays of George R. Zodrow, chapter 16, pages 489-522, World Scientific Publishing Co. Pte. Ltd..
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    1. Petter Osmundsen & Magne Emhjellen & Thore Johnsen & Alexander Kemp & Christian Riis, 2015. "Petroleum Taxation Contingent on Counter-factual Investment Behaviour," The Energy Journal, , vol. 36(1_suppl), pages 195-214, June.
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    5. Liu, Xiaohan & Liu, Jianmin & Wu, Haitao & Hao, Yu, 2022. "Do tax reductions stimulate firm productivity? A quasi-natural experiment from China," Economic Systems, Elsevier, vol. 46(4).
    6. John R. Graham, 2022. "Presidential Address: Corporate Finance and Reality," Journal of Finance, American Finance Association, vol. 77(4), pages 1975-2049, August.
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    9. Magni, Carlo Alberto, 2007. "Investment decisions, equivalent risk and bounded rationality," MPRA Paper 6073, University Library of Munich, Germany.
    10. Eric Zwick, 2018. "The Costs of Corporate Tax Complexity," NBER Working Papers 24382, National Bureau of Economic Research, Inc.
    11. Roger H. Gordon & James R. Hines, Jr. & Lawrence H. Summers, 1987. "Notes on the Tax Treatment of Structures," NBER Chapters, in: The Effects of Taxation on Capital Accumulation, pages 223-258, National Bureau of Economic Research, Inc.
    12. Joseph Shaanan, 2005. "Investment, irreversibility, and options: An empirical framework," Review of Financial Economics, John Wiley & Sons, vol. 14(3-4), pages 241-254.
    13. Boyle, Glenn & Guthrie, Graeme, 2002. "Can Ex Post Rates of Return Detect Monopoly Profits?," Working Paper Series 18991, Victoria University of Wellington, The New Zealand Institute for the Study of Competition and Regulation.
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    20. Elmer, Nicole A. & Thurow, Amy Purvis & Johnson, Jason L. & Rosson, C. Parr, III, 2001. "An Ex Ante Assessment Of Investments In Texas Grapefruit Under Uncertainty," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 33(3), pages 1-11, December.
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    26. Ackermann, Hagen & Fochmann, Martin, 2014. "The effect of straight-line and accelerated depreciation rules on risky investment decisions: An experimental study," arqus Discussion Papers in Quantitative Tax Research 158, arqus - Arbeitskreis Quantitative Steuerlehre.
    27. Lars Lindholt, 2019. "Effects of higher required rates of return on the tax take in an oil province," Discussion Papers 892, Statistics Norway, Research Department.
    28. Ryosuke Gotoh & Tetsuo Tezuka & Benjamin C. McLellan, 2022. "Study on Behavioral Decision Making by Power Generation Companies Regarding Energy Transitions under Uncertainty," Energies, MDPI, vol. 15(2), pages 1-29, January.
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    38. John Ryter & Xinkai Fu & Karan Bhuwalka & Richard Roth & Elsa Olivetti, 2022. "Assessing recycling, displacement, and environmental impacts using an economics‐informed material system model," Journal of Industrial Ecology, Yale University, vol. 26(3), pages 1010-1024, June.
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    42. Steven A. Sharpe & Gustavo A. Suarez, 2021. "Why Isn’t Business Investment More Sensitive to Interest Rates? Evidence from Surveys," Management Science, INFORMS, vol. 67(2), pages 720-741, February.
    43. Shaanan, Joseph, 2005. "Investment, irreversibility, and options: An empirical framework," Review of Financial Economics, Elsevier, vol. 14(3-4), pages 241-254.

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    1. International Monetary Fund, 2010. "Fiscal Policy and the Current Account," IMF Working Papers 2010/121, International Monetary Fund.
    2. S M Ali Abbas & Jacques Bouhga-Hagbe & Antonio Fatás & Paolo Mauro & Ricardo C Velloso, 2011. "Fiscal Policy and the Current Account," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 59(4), pages 603-629, November.
    3. Dumitriu, Ramona & Stefanescu, Răzvan, 2020. "Iluzii financiare, Partea întâi [Financial Illusions, Part 1]," MPRA Paper 101201, University Library of Munich, Germany, revised 17 Jun 2020.
    4. Lori L. Leachman & Michael Thorpe, 1998. "Intertemporal Solvency in the Small Open Economy of Australia," The Economic Record, The Economic Society of Australia, vol. 74(226), pages 231-242, September.
    5. Benjamin M. Friedman, 1990. "Views on the Likelihood of Financial Crisis," NBER Working Papers 3407, National Bureau of Economic Research, Inc.
    6. Demdoumi, Meriem, 2016. "La gestion structurelle des déficits jumeaux au Maroc et la recherche d’une stratégie d’équilibre [Structural management of twin deficits in Morocco and Finding an equilibrium strategy]," MPRA Paper 71533, University Library of Munich, Germany, revised 2016.
    7. Benjamin A. Friedman & E. Gerald Corrigan & Irvine H. Sprague & Norman Strunk & Joseph A. Grundfest, 1991. "The Risks of Financial Crises," NBER Chapters, in: The Risk of Economic Crisis, pages 19-83, National Bureau of Economic Research, Inc.
    8. El-Baz, Osama, 2014. "Empirical Investigation of the Twin Deficits Hypothesis: The Egyptian Case (1990-2012)," MPRA Paper 53428, University Library of Munich, Germany.
    9. Bilman, Mustafa Erhan & Karaoğlan, Sadık, 2020. "Does the twin deficit hypothesis hold in the OECD countries under different real interest rate regimes?," Journal of Policy Modeling, Elsevier, vol. 42(1), pages 205-215.
    10. Olalekan Emmanuel Obademi & Olawale. O. Okubanjo, 2013. "External Debt and Nigeria’s Economic Growth Nexus, Matters Arising," International Journal of Financial Economics, Research Academy of Social Sciences, vol. 1(2), pages 61-66.
    11. Yuan Chang, 2016. "Financial Soundness Indicator, Financial Cycle, Credit Cycle and Business Cycle£­Evidence from Taiwan," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 8(4), pages 166-182, April.
    12. Giancarlo Corsetti & Gernot J. Müller, 2006. "Twin deficits: squaring theory, evidence and common sense [‘Temporary and permanent government spending in an open economy: some evidence for the United Kingdom’]," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 21(48), pages 598-638.
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    15. Helena Glebocki Keefe & Ralf Hepp, 2024. "The effects of European fiscal discipline measures on current account balances," International Economics and Economic Policy, Springer, vol. 21(1), pages 251-283, February.

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    1. von Thadden, Leopold & Lipinska, Anna, 2013. "On the (In)effectiveness of Fiscal Devaluations in a Monetary Union," VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 80038, Verein für Socialpolitik / German Economic Association.
    2. Buiter, Willem, 2017. "Exchange rate implications of Border Tax Adjustment Neutrality," CEPR Discussion Papers 11885, C.E.P.R. Discussion Papers.
    3. Christopher A. Sims & Tao Zha, 1995. "Error bands for impulse responses," FRB Atlanta Working Paper 95-6, Federal Reserve Bank of Atlanta.
    4. Taylor, John B., 1999. "Staggered price and wage setting in macroeconomics," Handbook of Macroeconomics, in: J. B. Taylor & M. Woodford (ed.), Handbook of Macroeconomics, edition 1, volume 1, chapter 15, pages 1009-1050, Elsevier.
    5. Blinder, Alan S, 1988. "The Challenge of High Unemployment," American Economic Review, American Economic Association, vol. 78(2), pages 1-15, May.
    6. Munir, Kashif & Sultan, Maryam, 2016. "Are Some Taxes Better for Growth in Pakistan?A Time Series Analysis," MPRA Paper 68828, University Library of Munich, Germany.
    7. Wolf, Martin, 2020. "Pecuniary externalities in economies with downward wage rigidity," Journal of Monetary Economics, Elsevier, vol. 116(C), pages 219-235.
    8. Christopher J. Erceg & Andrea Prestipino & Andrea Raffo, 2018. "The Macroeconomic Effects of Trade Policy," International Finance Discussion Papers 1242, Board of Governors of the Federal Reserve System (U.S.).
    9. Daniel R. Feenberg & Andrew W. Mitrusi & James M. Poterba, 1997. "Distributional Effects of Adopting a National Retail Sales Tax," NBER Chapters, in: Tax Policy and the Economy, Volume 11, pages 49-90, National Bureau of Economic Research, Inc.
    10. Timothy J. Besley & Harvey S. Rosen, 1998. "Sales Taxes and Prices: An Empirical Analysis," NBER Working Papers 6667, National Bureau of Economic Research, Inc.
    11. Myers, Robert J. & Oehmke, James F., 1987. "Instability and Risk as Rationales for Government Intervention in Agriculture," Staff Paper Series 200938, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    12. Yongzheng Liu & Jorge Martinez-Vazquez, 2010. "The Growth-Inequality Tradeo in the Design of Tax Structure: Evidence from a Large Panel of Countries," International Center for Public Policy Working Paper Series, at AYSPS, GSU paper1320, International Center for Public Policy, Andrew Young School of Policy Studies, Georgia State University.
    13. James M. Poterba, 1993. "Global Warming Policy: A Public Finance Perspective," Journal of Economic Perspectives, American Economic Association, vol. 7(4), pages 47-63, Fall.
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    16. Henry, Jerome & Hernandez de Cos, Pablo & Momigliano, Sandro, 2008. "The impact of government budgets on prices: Evidence from macroeconometric models," Journal of Policy Modeling, Elsevier, vol. 30(1), pages 123-143.
    17. Jorge Martinez-Vazquez & Violeta Vulovic & Yongzheng Liu, 2011. "Direct versus Indirect Taxation: Trends, Theory, and Economic Significance," Chapters, in: Emilio Albi & Jorge Martinez-Vazquez (ed.), The Elgar Guide to Tax Systems, chapter 2, Edward Elgar Publishing.
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    21. Facundo Alvaredo & Thomas Breda & Barra Roantree & Emmanuel Saez, 2017. "Contribution Ceilings and the Incidence of Payroll Taxes," PSE-Ecole d'économie de Paris (Postprint) halshs-01626677, HAL.
    22. Shah, Anwar, 1988. "Public infrastructure and private sector profitability and productivity in Mexico," Policy Research Working Paper Series 100, The World Bank.
    23. Stoyan Tanchev, 2019. "Tax structure and economic growth: empirical evidence from Bulgaria," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 5, pages 24-41,42-58.
    24. Zhiyong An, 2022. "Profit Taxation and Aggregate Price Stickiness," Annals of Economics and Finance, Society for AEF, vol. 23(2), pages 279-289, November.
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    1. Leon W. Berkelmans, 2008. "Imperfect information and monetary models: multiple shocks and their consequences," Finance and Economics Discussion Series 2008-58, Board of Governors of the Federal Reserve System (U.S.).
    2. Mendieta-Muñoz, Ivan, 2017. "On The Interaction Between Economic Growth And Business Cycles," Macroeconomic Dynamics, Cambridge University Press, vol. 21(4), pages 982-1022, June.
    3. Hansjorg Klausinger, 2002. "A Note on the Stability of Full Employment," Review of Political Economy, Taylor & Francis Journals, vol. 14(2), pages 211-225.
    4. Marini, G. & Scaramozzino, P., 1989. "Monopolistic competition, expected inflation and contract length," Other publications TiSEM 20b0b441-03ed-47d2-a059-8, Tilburg University, School of Economics and Management.
    5. Sau, Lino, 2006. "Non-stabilizing Flexibility:From the Contributions By Keynes and Kalecki Towards a Post-Keynesian Approach," MPRA Paper 3391, University Library of Munich, Germany.
    6. Francois R. Velde, 2006. "Chronicles of a deflation unforetold," Working Paper Series WP-06-12, Federal Reserve Bank of Chicago.
    7. Adolfson, Malin, 2001. "Monetary Policy with Incomplete Exchange Rate Pass-Through," Working Paper Series 127, Sveriges Riksbank (Central Bank of Sweden).
    8. Evan F. Koenig, 1993. "Rethinking the IS in IS-LM: adapting Keynesian tools to non-Keynesian economies Part 2," Economic and Financial Policy Review, Federal Reserve Bank of Dallas, issue Dec, pages 17-35.
    9. Magda Kandil, 2002. "Asymmetry In Economic Fluctuations In The Us Economy: The Pre-War And The 1946-1991 Periods Compared," International Economic Journal, Taylor & Francis Journals, vol. 16(1), pages 21-42.
    10. ambler, s. & cardia, e. & phaneuf, l., 1991. "contracts de salaire, croissance endogene et fluctuations," Cahiers de recherche 9124, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
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    12. Victor Zarnowitz, 1997. "Business Cycles Observed and Assessed: Why and How They Matter," NBER Working Papers 6230, National Bureau of Economic Research, Inc.
    13. Peter Howitt, 2006. "The Microfoundations of the Keynesian Multiplier Process," Journal of Economic Interaction and Coordination, Springer;Society for Economic Science with Heterogeneous Interacting Agents, vol. 1(1), pages 33-44, May.
    14. Gauti B. Eggertsson, 2005. "Great expectations and the end of the depression," Staff Reports 234, Federal Reserve Bank of New York.
    15. Jesús Fernández-Villaverde & Joël Marbet & Galo Nuño Barrau & Omar Rachedi, 2024. "Inequality and the zero lower bound," BIS Working Papers 1160, Bank for International Settlements.
    16. Gauti B. Eggertsson, 2012. "Was the New Deal Contractionary?," American Economic Review, American Economic Association, vol. 102(1), pages 524-555, February.
    17. Ou, Shengliang & Zhang, Donghai & Zhang, Renbin, 2021. "Information frictions, monetary policy, and the paradox of price flexibility," Journal of Monetary Economics, Elsevier, vol. 120(C), pages 70-82.
    18. Keating, John W. & Nye, John V., 1999. "The Dynamic Effects of Aggregate Demand and Supply Disturbances in the G7 Countries," Journal of Macroeconomics, Elsevier, vol. 21(2), pages 263-278, April.
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    49. Mills, Terence C. & Wang, Ping, 2006. "Modelling regime shift behaviour in Asian real interest rates," Economic Modelling, Elsevier, vol. 23(6), pages 952-966, December.
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    54. Jitender Singh & Arup Mitra, 2016. "Cyclical asymmetries and short-run relation between employment and output: the case of organised manufacturing in India," The Indian Journal of Labour Economics, Springer;The Indian Society of Labour Economics (ISLE), vol. 59(2), pages 203-216, June.
    55. Palley, Thomas I., 2008. "Keynesian models of deflation and depression revisited," Journal of Economic Behavior & Organization, Elsevier, vol. 68(1), pages 167-177, October.
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    63. Keating, John W., 2013. "What do we learn from Blanchard and Quah decompositions of output if aggregate demand may not be long-run neutral?," Journal of Macroeconomics, Elsevier, vol. 38(PB), pages 203-217.
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    69. Chioneso S. Marange & Yongsong Qin & Raymond T. Chiruka & Jesca M. Batidzirai, 2023. "A Blockwise Empirical Likelihood Test for Gaussianity in Stationary Autoregressive Processes," Mathematics, MDPI, vol. 11(4), pages 1-20, February.
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    74. Ichiro Takahashi, 2021. "Market Mechanism: Stabilizing or Destabilizing?," Springer Books, in: An Artificial Wicksell—Keynes Macroeconomy, chapter 0, pages 1-20, Springer.
    75. Goetz von Peter, 2005. "Debt-deflation: concepts and a stylised model," BIS Working Papers 176, Bank for International Settlements.
    76. Karras, Georgios & Song, Frank, 1996. "Sources of business-cycle volatility: An exploratory study on a sample of OECD countries," Journal of Macroeconomics, Elsevier, vol. 18(4), pages 621-637.
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  85. Lawrence H. Summers, 1985. "Taxation and the Size and Composition of the Capital Stock: An Asset Price Approach," NBER Working Papers 1709, National Bureau of Economic Research, Inc.

    Cited by:

    1. Ruocco, Anna, 1995. "Savings and investment fiscal policies: A quantitative analysis for the Italian economy," Tübinger Diskussionsbeiträge 49, University of Tübingen, School of Business and Economics.
    2. Lawrence H. Goulder & Lawrence H. Summers, 1987. "Tax Policy, Asset Prices, and Growth: A General Equilibrium Analysis," NBER Working Papers 2128, National Bureau of Economic Research, Inc.
    3. Zouhair Aït Benhamou, 2016. "Fluctuations in emerging economies: regional and global factors," Working Papers hal-04141608, HAL.
    4. Don Fullerton & Yolanda K. Henderson, 1987. "The Marginal Excess Burden of Different Capital Tax Instruments," NBER Working Papers 2353, National Bureau of Economic Research, Inc.
    5. Alain Gubian & François Guillaumat-Tailliet & Jacques Le Cacheux, 1986. "Fiscalité des entreprises et décision d'investissement. Eléments de comparaison internationale France, RFA, Etats-Unis," Revue de l'OFCE, Programme National Persée, vol. 16(1), pages 181-216.
    6. Zouhair Ait Benhamou, 2016. "Fluctuations in emerging economies: regional and global factors," EconomiX Working Papers 2016-3, University of Paris Nanterre, EconomiX.

  86. David T. Ellwood & Lawrence H. Summers, 1985. "Poverty in America: Is Welfare the Answer or the Problem?," NBER Working Papers 1711, National Bureau of Economic Research, Inc.

    Cited by:

    1. Stephan Klasen & Ingrid Woolard, 2001. "Surviving Unemployment without State Support: Unemployment and Household Formation in South Africa," CESifo Working Paper Series 533, CESifo.
    2. J. R. Walker, "undated". "Migration amoung low-income households: Helping the witch doctors reach consensus," Institute for Research on Poverty Discussion Papers 1031-94, University of Wisconsin Institute for Research on Poverty.
    3. Timothy Waidman & John Bound & Austin Nichols, 2003. "Disability Benefits as Social Insurance: Tradeoffs Between Screening Stringency and Benefit Generosity in Optimal Program Design," Working Papers wp042, University of Michigan, Michigan Retirement Research Center.

  87. Lawrence H. Summers, 1985. "Issues in National Savings Policy," NBER Working Papers 1710, National Bureau of Economic Research, Inc.

    Cited by:

    1. Bernheim, B.D. & Scholz, J.K., 1992. "Private Saving and Public Policy," Working papers 9226, Wisconsin Madison - Social Systems.
    2. Steven F. Venti & David A. Wise, 1990. "Have IRAs Increased U. S. Saving?: Evidence from Consumer Expenditure Surveys," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 105(3), pages 661-698.
    3. Lawrence H. Summers, 1986. "Debt Problems and Macroeconomic Policies," NBER Working Papers 2061, National Bureau of Economic Research, Inc.
    4. Bradford, D.F., 1989. "Market Value Us. Financial Accounting Measures Of National Saving," Papers 34, Princeton, Woodrow Wilson School - Discussion Paper.
    5. van Wijnbergen, Sweder, 1988. "Monopolistic competition, credibility and the output costs of disinflation programs An analysis of price controls," Journal of Development Economics, Elsevier, vol. 29(3), pages 375-398, November.
    6. Michael J. Boskin, 1987. "Future Social Security Financing Alternatives and National Saving," NBER Working Papers 2256, National Bureau of Economic Research, Inc.
    7. Anand Chandavarkar, 1993. "Saving Behaviour in the Asian‐Pacific Region," Asian-Pacific Economic Literature, The Crawford School, The Australian National University, vol. 7(1), pages 9-27, May.
    8. Michael J. Boskin, 1987. "Concepts and Measures of Federal Deficits and Debt and Their Impact on Economic Activity," NBER Working Papers 2332, National Bureau of Economic Research, Inc.
    9. Corbo, Vittorio & Fischer, Stanley, 1991. "Adjustment programs and Bank support : rationale and main results," Policy Research Working Paper Series 582, The World Bank.
    10. Kerttula, Anne, 1989. "Capital income taxation and household saving," Bank of Finland Research Discussion Papers 29/1989, Bank of Finland.

  88. Robert B. Barsky & Lawrence H. Summers, 1985. "Gibson's Paradox and the Gold Standard," NBER Working Papers 1680, National Bureau of Economic Research, Inc.

    Cited by:

    1. Bordo, Michael D. & Rockoff, Hugh, 2013. "The Influence Of Irving Fisher On Milton Friedman’S Monetary Economics," Journal of the History of Economic Thought, Cambridge University Press, vol. 35(2), pages 153-177, June.
    2. Monnet, Eric, 2019. "Interest rates," CEPR Discussion Papers 13896, C.E.P.R. Discussion Papers.
    3. Christophe Faugère & Julian Van Erlach, 2009. "A Required Yield Theory of Stock Market Valuation and Treasury Yield Determination," Financial Markets, Institutions & Instruments, John Wiley & Sons, vol. 18(1), pages 27-88, February.
    4. Bordo, Michael D. & Schwartz, Anna J., 1999. "Monetary policy regimes and economic performance: The historical record," Handbook of Macroeconomics, in: J. B. Taylor & M. Woodford (ed.), Handbook of Macroeconomics, edition 1, volume 1, chapter 3, pages 149-234, Elsevier.
    5. Benati, Luca & Benigno, Pierpaolo, 2023. "Gibson's Paradox and the Natural Rate of Interest," CEPR Discussion Papers 17959, C.E.P.R. Discussion Papers.
    6. Yingying Xu & Chi-Wei Su & Jaime Ortiz, 2021. "Is gold a useful hedge against inflation across multiple time horizons?," Empirical Economics, Springer, vol. 60(3), pages 1175-1189, March.
    7. Cucciniello, Maria Chiara & Deleidi, Matteo & Levrero, Enrico Sergio, 2022. "The cost channel of monetary policy: The case of the United States in the period 1959–2018," Structural Change and Economic Dynamics, Elsevier, vol. 61(C), pages 409-433.
    8. Miguel Cantillo Simon, 2019. "Using long term implied volatilities to assess past and present U.S. stock prices," Working Papers 201908, Universidad de Costa Rica, revised Dec 2019.
    9. Halicioglu, Ferda, 2004. "The Gibson Paradox: An Empirical Investigation for Turkey," MPRA Paper 3556, University Library of Munich, Germany.
    10. Rohloff, Sebastian & Pierdzioch, Christian & Risse, Marian, 2014. "Fluctuations of the Real Exchange Rate, Real Interest Rates, and the Dynamics of the Price of Gold in a Small Open Economy," VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy 100429, Verein für Socialpolitik / German Economic Association.
    11. Borio, Claudio & Filardo, Andrew J., 2004. "Looking back at the international deflation record," The North American Journal of Economics and Finance, Elsevier, vol. 15(3), pages 287-311, December.
    12. Robert B. Barsky & J. Bradford De Long, 1992. "Why Does the Stock Market Fluctuate?," NBER Working Papers 3995, National Bureau of Economic Research, Inc.
    13. Serge Coulombe, 1998. "A Non-Paradoxical Interpretation of the Gibson Paradox," Staff Working Papers 98-22, Bank of Canada.
    14. Dibooglu, Sel & Cevik, Emrah I. & Gillman, Max, 2022. "Gold, silver, and the US dollar as harbingers of financial calm and distress," The Quarterly Review of Economics and Finance, Elsevier, vol. 86(C), pages 200-210.
    15. Barsky, Robert B., 1987. "The Fisher hypothesis and the forecastability and persistence of inflation," Journal of Monetary Economics, Elsevier, vol. 19(1), pages 3-24, January.
    16. Chadha, Jagjit S. & Perlman, Morris, 2014. "Was the Gibson Paradox for real? A Wicksellian study of the relationship between interest rates and prices," Financial History Review, Cambridge University Press, vol. 21(2), pages 139-163, August.
    17. Joao Ricardo Faria & Peter McAdam, 2012. "A new perspective on the Gold Standard: Inflation as a population phenomenon," School of Economics Discussion Papers 0412, School of Economics, University of Surrey.
    18. O'Connor, Fergal & Lucey, Brian & Batten, Jonathan & Baur, Dirk, 2015. "The Financial Economics of Gold - a survey," MPRA Paper 65484, University Library of Munich, Germany.
    19. Yuri Salazar & Wing Ng, 2015. "Nonparametric estimation of general multivariate tail dependence and applications to financial time series," Statistical Methods & Applications, Springer;Società Italiana di Statistica, vol. 24(1), pages 121-158, March.
    20. Wei-Bin Zhang, 2016. "Exchange Values of Gold, Land, Physical Capital, and Human Capital in a Neoclassical Growth Model," Economic Alternatives, University of National and World Economy, Sofia, Bulgaria, issue 3, pages 265-286, September.
    21. Miguel Casares & Jesús Vázquez, 2018. "The Swings Of U.S. Inflation And The Gibson Paradox," Economic Inquiry, Western Economic Association International, vol. 56(2), pages 799-820, April.
    22. Škare, Marinko & Mošnja-Škare, Lorena, 2019. "Economic policy implications of the Gibson Law in the Netherlands (1800–2012)," Journal of Policy Modeling, Elsevier, vol. 41(5), pages 926-942.
    23. Peter Kehinde, Mogaji, 2010. "Fisher Effect and the Relationship between Nominal Interest Rates and Inflation: The Case of Nigeria," MPRA Paper 98760, University Library of Munich, Germany.
    24. Michael D. Bordo & Finn E. Kydland, 1992. "The gold standard as a rule," Working Papers (Old Series) 9205, Federal Reserve Bank of Cleveland.
    25. Jeffrey A. Frankel, 2010. "The Natural Resource Curse: A Survey," NBER Working Papers 15836, National Bureau of Economic Research, Inc.
    26. Frankel, Jeffrey A., 2012. "The Natural Resource Curse: A Survey of Diagnoses and Some Prescriptions," Working Paper Series rwp12-014, Harvard University, John F. Kennedy School of Government.
    27. Wei-Bin Zhang, 2016. "Gold Value With Tradable And Non-Tradable Goods In A Multi- Country Growth Model With Free Trade," Economic Review: Journal of Economics and Business, University of Tuzla, Faculty of Economics, vol. 14(1), pages 35-52, May.
    28. Veysel INAL & Serif CANBAY & Mustafa KIRCA, 2023. "Determinants of Food Prices in Türkiye: Fourier Engle-Granger Cointegration Test," Journal of Economic Policy Researches, Istanbul University, Faculty of Economics, vol. 10(1), pages 133-156, January.
    29. Christophe Faugere & Julian Van Erlach, 2004. "The Price of Gold: A Global Required Yield Theory," Finance 0403003, University Library of Munich, Germany.
    30. Binder, Carola Conces, 2018. "Inflation expectations and the price at the pump," Journal of Macroeconomics, Elsevier, vol. 58(C), pages 1-18.
    31. Seçkin Kabak & Tuðçe Dallý, 2023. "Gibson Paradox: Panel Data Analysis on ASEAN-T Countries," International Econometric Review (IER), Econometric Research Association, vol. 15(1), pages 12-27, March.
    32. Willem H. Buiter, 1986. "A "Gold Standard" Isn't Viable Unless Supported by Sufficiently FlexibleMonetary and Fiscal Policy," NBER Working Papers 1903, National Bureau of Economic Research, Inc.
    33. Kenneth A. Froot & Paul Klemperer, 1988. "Exchange Rate Pass-Through When Market Share Matters," NBER Working Papers 2542, National Bureau of Economic Research, Inc.
    34. Barro, Robert J., 1987. "Government spending, interest rates, prices, and budget deficits in the United Kingdom, 1701-1918," Journal of Monetary Economics, Elsevier, vol. 20(2), pages 221-247, September.
    35. Paul Evans & Xiaojun Wang, 2005. "A Tale of Two Effects," Working Papers 200506, University of Hawaii at Manoa, Department of Economics.
    36. Robert B. Barsky & J. Bradford De Long, "undated". "Forecasting Pre-World War I Inflation: The Fisher Effect and the Gold Standard," J. Bradford De Long's Working Papers _121, University of California at Berkeley, Economics Department.
    37. Antipa, P., 2013. "Fiscal Sustainability and the Value of Money: Lessons from the British Paper Pound, 1797-1821," Working papers 466, Banque de France.
    38. Miguel Casares & Jesús Vázquez, 2012. "The Great Moderation of Inflation: a structural analysis of recent U.S. monetary business cycles," Documentos de Trabajo - Lan Gaiak Departamento de Economía - Universidad Pública de Navarra 1215, Departamento de Economía - Universidad Pública de Navarra.
    39. Jeffrey A. Frankel, 2006. "The Effect of Monetary Policy on Real Commodity Prices," NBER Working Papers 12713, National Bureau of Economic Research, Inc.
    40. Taufiq Choudhry, 2024. "Interest rate, price level, and the inflation rate: Evidence from the UK during the gold standard regimes," Manchester School, University of Manchester, vol. 92(1), pages 20-39, January.
    41. Fernando Barran & Virginie Coudert & Benoît Mojon, 1995. "Interest Rates, Banking Spreads and Credit Supply: The Real Effects," Working Papers 1995-01, CEPII research center.
    42. Cheng, Hao & Kesselring, Randall G. & Brown, Christopher R., 2013. "The Gibson paradox: Evidence from China," China Economic Review, Elsevier, vol. 27(C), pages 82-93.
    43. Maurice Obstfeld, 1994. "The Logic of Currency Crises," NBER Working Papers 4640, National Bureau of Economic Research, Inc.
    44. Robert B. Barsky & J. Bradford De Long, 1988. "Forecasting Pre-World War I Inflation: The Fisher Effect Revisited," NBER Working Papers 2784, National Bureau of Economic Research, Inc.
    45. Zhang Wei-Bin, 2016. "Gold And Land Prices With Capital Accumulation In An Economy With Industrial And Agricultural Sectors," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 2, pages 16-29, April.
    46. He, Qing & Guo, Yongxiu & Yu, Jishuang, 2020. "Nonlinear dynamics of gold and the dollar," The North American Journal of Economics and Finance, Elsevier, vol. 52(C).
    47. P.Antipa, 2014. "How Fiscal Policy Affects the Price Level: Britain s First Experience with Paper Money," Working papers 525, Banque de France.
    48. Wei-Bin Zhang, 2020. "Growth, Wealth Accumulation and Environmental Change in Portfolio Choice and Trade," South-Eastern Europe Journal of Economics, Association of Economic Universities of South and Eastern Europe and the Black Sea Region, vol. 18(2), pages 197-216.

  89. Jeremy I. Bulow & Randall Morck & Lawrence H. Summers, 1985. "How Does the Market Value Unfunded Pension Liabilities?," NBER Working Papers 1602, National Bureau of Economic Research, Inc.

    Cited by:

    1. Julia Lynn Coronado & Steven A. Sharpe, 2003. "Did pension plan accounting contribute to a stock market bubble?," Finance and Economics Discussion Series 2003-38, Board of Governors of the Federal Reserve System (U.S.).
    2. Steven G. Allen & Robert L. Clark, 1987. "Pensions and Firm Performance," NBER Working Papers 2266, National Bureau of Economic Research, Inc.
    3. Francesco Franzoni & J. M. Marin, 2006. "Pension Plan Funding and Stock Market Efficiency," Post-Print halshs-00009850, HAL.
    4. Li Jin & Robert Merton & Zvi Bobie, 2004. "Do a Firm's Equity Returns Reflect the Risk of Its Pension Plan?," NBER Working Papers 10650, National Bureau of Economic Research, Inc.
    5. Robert Holzmann & Robert Palacios & Asta Zviniene, 2001. "On the Economics and Scope of Implicit Pension Debt: An International Perspective," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 28(1), pages 97-129, March.
    6. Julia Lynn Coronado & Olivia S. Mitchell & S. Blake Nesbitt & Steven A. Sharpe, 2008. "Footnotes aren’t enough: the impact of pension accounting on stock values," Finance and Economics Discussion Series 2008-04, Board of Governors of the Federal Reserve System (U.S.).
    7. Olivia S. Mitchell & Christopher C. Geczy & Robert Novy-Marx & Raimond Maurer & Donald E. Fuerst & Christopher M. Bone & Donald J. Segal & Martin G. Clarke & Frank J. Fabozzi & Deborah Lucas & David F, 2013. "Technical Review Panel for the Pension Insurance Modeling System (PIMS)," Working Papers wp290, University of Michigan, Michigan Retirement Research Center.
    8. Jeremy I. Bulow & Randall Morck & Lawrence H. Summers, 1987. "How Does the Market Value Unfunded Pension Liabilities?," NBER Chapters, in: Issues in Pension Economics, pages 81-110, National Bureau of Economic Research, Inc.
    9. Chen, An, 2011. "A risk-based model for the valuation of pension insurance," Insurance: Mathematics and Economics, Elsevier, vol. 49(3), pages 401-409.
    10. Cardinale, Mirko & Orszag, Mike, 2004. "Severance Pay and Corporate Finance: Empirical Evidence from a Panel of Austrian and Italian Firms," IZA Discussion Papers 1383, Institute of Labor Economics (IZA).
    11. Luca Larcher & Francis Breedon, 2020. "Discounting and the market valuation of defined benefit pensions," Working Papers 932, Queen Mary University of London, School of Economics and Finance.
    12. Zvi Bodie, 1989. "Pension Funds and Financial Innovation," NBER Working Papers 3101, National Bureau of Economic Research, Inc.
    13. Takashi Obinata, 2002. "Concept and Relevance of Income," CIRJE F-Series CIRJE-F-171, CIRJE, Faculty of Economics, University of Tokyo.
    14. B. Douglas Bernheim & John B. Shoven, 1985. "Pension Funding and Saving," NBER Working Papers 1622, National Bureau of Economic Research, Inc.
    15. Pesando, James E, 1985. "The Usefulness of the Wind-Up Measure of Pension Liabilities: A Labor Market Perspective," Journal of Finance, American Finance Association, vol. 40(3), pages 927-940, July.
    16. Alicia H. Munnell & Frederick O. Yohn, 1991. "What is the impact of pensions on saving?," Working Papers 91-5, Federal Reserve Bank of Boston.
    17. Nakajima, Kan & Sasaki, Takafumi, 2010. "Unfunded pension liabilities and stock returns," Pacific-Basin Finance Journal, Elsevier, vol. 18(1), pages 47-63, January.
    18. Atanasova, Christina & Hrazdil, Karel, 2010. "Why do healthy firms freeze their defined-benefit pension plans?," Global Finance Journal, Elsevier, vol. 21(3), pages 293-303.
    19. Francesco Franzoni & José M. Marín, 2003. "Pension Plan Funding and Market Efficiency," Working Papers 31, Barcelona School of Economics.
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  96. B. Douglas Bernheim & Andrei Shleifer & Lawrence H. Summers, 1984. "Bequests as a Means of Payment," NBER Working Papers 1303, National Bureau of Economic Research, Inc.

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    1. Axel Borsch-Supan & Jagadeesh Gokhale & Laurence J. Kotlikoff & John N. Morris, 1990. "The Provision of Time to the Elderly by Their Children," NBER Working Papers 3363, National Bureau of Economic Research, Inc.
    2. Laurence J. Kotlikoff, 1987. "Intergenerational Transfers and Savings," NBER Working Papers 2237, National Bureau of Economic Research, Inc.
    3. Benjamin M. Friedman & Mark Warshawsky, 1985. "Annuity Prices and Saving Behavior in the United States," NBER Working Papers 1683, National Bureau of Economic Research, Inc.
    4. Laurence J. Kotlikoff & Lawrence H. Summers, 1986. "The Contribution of Intergenerational Transfers to Total Wealth: A Reply," NBER Working Papers 1827, National Bureau of Economic Research, Inc.
    5. B. Douglas Bernheim, 1984. "Dissaving After Retirement: Testing the Pure Life Cycle Hypothesis," NBER Working Papers 1409, National Bureau of Economic Research, Inc.
    6. Rodrigo J. Raad & Gilvan R. Guedes, 2014. "Bequest choices under uncertainty," Textos para Discussão Cedeplar-UFMG 504, Cedeplar, Universidade Federal de Minas Gerais.
    7. Feldstein, Martin, 1988. "The Effects of Fiscal Policies when Incomes Are Uncertain: A Contradiction to Ricardian Equivalence," American Economic Review, American Economic Association, vol. 78(1), pages 14-23, March.
    8. Martin S. Eichenbaum & Dan S. Peled, 1986. "Capital Accumulation and Annuities in an Adverse Selection Economy," NBER Working Papers 2046, National Bureau of Economic Research, Inc.
    9. Benjamin M. Friedman & Mark Warshawsky, 1985. "The Cost of Annuities: Implications for Saving Behavior and Bequests," NBER Working Papers 1682, National Bureau of Economic Research, Inc.

  97. N. Gregory Mankiw & Lawrence H. Summers, 1984. "Are Tax Cuts Really Expansionary?," NBER Working Papers 1443, National Bureau of Economic Research, Inc.

    Cited by:

    1. James M. Poterba & Julio J. Rotemberg, 1986. "Money in the Utility Function: An Empirical Implementation," NBER Working Papers 1796, National Bureau of Economic Research, Inc.
    2. Lawrence B. Lindsey, 1985. "Estimating the Revenue Maximizing Top Personal Tax Rate," NBER Working Papers 1761, National Bureau of Economic Research, Inc.
    3. Ibrar Hussain & Jawad Hussain & Arshad Ali & Shabir Ahmad, 2021. "A Dynamic Analysis of the Impact of Fiscal Adjustment on Economic Growth: Evidence From Pakistan," SAGE Open, , vol. 11(2), pages 21582440211, June.
    4. Kenneth D. West, 1986. "A Standard Monetary Model and the Variability of the Deutschemark-DollarExchange Rate," NBER Working Papers 2102, National Bureau of Economic Research, Inc.
    5. Lawrence B. Lindsey, 1985. "Taxpayer Behavior and the Distribution of the 1982 Tax Cut," NBER Working Papers 1760, National Bureau of Economic Research, Inc.
    6. Lawrence H. Summers, 1985. "Issues in National Savings Policy," NBER Working Papers 1710, National Bureau of Economic Research, Inc.
    7. Paweł Borys & Piotr Ciżkowicz & Andrzej Rzońca, 2013. "Panel data evidence on the effects of fiscal impulses in the EU New Member States," NBP Working Papers 161, Narodowy Bank Polski.
    8. Lawrence B. Lindsey, 1986. "Individual Taxpayer Response to Tax Cuts 1982-1984 with Implications forthe Revenue Maximizing Tax Rate," NBER Working Papers 2069, National Bureau of Economic Research, Inc.

  98. James M. Poterba & Lawrence A. Summers, 1984. "New Evidence that Taxes Affect the Valuation of Dividends," Working papers 338, Massachusetts Institute of Technology (MIT), Department of Economics.

    Cited by:

    1. Fidrmuc, Jana P. & Jacob, Marcus, 2010. "Culture, agency costs, and dividends," Journal of Comparative Economics, Elsevier, vol. 38(3), pages 321-339, September.
    2. Frankfurter, George M. & Wood, Bob Jr., 2002. "Dividend policy theories and their empirical tests," International Review of Financial Analysis, Elsevier, vol. 11(2), pages 111-138.
    3. Sue-Tzeng Chuang & Ying-Hsiang Chen & Ching-Chieh Lin & Wen-Chih Lee, 2018. "The Impact of Tax Deduction Ratio Reduction on Dividend Payouts Under the Integrated Tax System: Evidence From Taiwan," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 9(3), pages 26-35, July.
    4. Lynn Hodgkinson & Kevin Holland & Richard Jackson, 2006. "Dividend valuation, trading and transactions costs: the 1997 partial abolition of dividend tax credit repayments," Accounting and Business Research, Taylor & Francis Journals, vol. 36(4), pages 253-270.
    5. Kamal Anouar & Nicolas Aubert, 2016. "Does the catering theory of dividend apply to the French listed firms?," Post-Print halshs-01401867, HAL.
    6. Liljeblom, Eva & Loflund, Anders & Hedvall, Kaj, 2001. "Foreign and domestic investors and tax induced ex-dividend day trading," Journal of Banking & Finance, Elsevier, vol. 25(9), pages 1687-1716, September.
    7. Daunfeldt, Sven-Olov & Selander, Carina & Wikström, Magnus, 2006. "Taxation, Dividend Payments and Ex-Day Price Changes," Umeå Economic Studies 684, Umeå University, Department of Economics.
    8. Thomas McCluskey & Aoife Broderick & Amanda Boyle & Bruce Burton & David Power, 2010. "Evidence on Irish financial analysts' and fund managers' views about dividends," Qualitative Research in Financial Markets, Emerald Group Publishing Limited, vol. 2(2), pages 80-99, June.
    9. Lasfer, M. Ameziane, 1996. "Taxes and dividends: The UK evidence," Journal of Banking & Finance, Elsevier, vol. 20(3), pages 455-472, April.
    10. Mihir A. Desai & C. Fritz Foley & James R. Hines Jr., 2002. "Dividend Policy inside the Firm," NBER Working Papers 8698, National Bureau of Economic Research, Inc.
    11. Bo Becker & Marcus Jacob & Martin Jacob, 2011. "Payout Taxes and the Allocation of Investment," NBER Working Papers 17481, National Bureau of Economic Research, Inc.
    12. Aelee Jun & V. T. Alaganar & Graham Partington & Max Stevenson, 2008. "Price and Volume Behavior around the Ex‐dividend Day: Evidence on the Value of Dividends from American Depositary Receipts and their Underlying Australian Stocks," International Review of Finance, International Review of Finance Ltd., vol. 8(1‐2), pages 21-55, March.
    13. Goulder, Lawrence H. & Thalmann, Philippe, 1993. "Approaches to efficient capital taxation : Leveling the playing field vs. living by the golden rule," Journal of Public Economics, Elsevier, vol. 50(2), pages 169-196, February.
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    16. Josef García Blandón & M?nica Martínez Blasco & Josef Argiles Bosch, 2011. "Ex-Dividend Day Returns when Dividend and Capital Gains are Taxed at the Same Rate," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 61(2), pages 140-152, June.
    17. Randall Morck, 2005. "How to Eliminate Pyramidal Business Groups: The Double Taxation of Intercorporate Dividends and Other Incisive Uses of Tax Policy," NBER Chapters, in: Tax Policy and the Economy, Volume 19, pages 135-179, National Bureau of Economic Research, Inc.
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    30. Sorjonen, Pasi, 2002. "Ex-Dividend Day Stock Returns and Tick Rules," Discussion Papers 675, The Research Institute of the Finnish Economy.
    31. Kamal Anouar, 2012. "The impact of the catering theory and financial firms' characteristics on dividend decisions: the case of the French market," Working Papers halshs-00765931, HAL.
    32. Amoako-Adu, Ben & Baulkaran, Vishaal & Smith, Brian F., 2014. "Analysis of dividend policy of dual and single class U.S corporations," Journal of Economics and Business, Elsevier, vol. 72(C), pages 1-29.
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    35. Jack Francis & Tsing Wu & Nan-Ting Kuo, 2012. "Effects of tax reform on drop-off ratios and on the ex-dividend and ex-right prices," Review of Quantitative Finance and Accounting, Springer, vol. 39(2), pages 147-164, August.
    36. Kontoghiorghes, Alexander P., 2024. "Do personal taxes affect investment decisions and stock returns?," Journal of Financial Economics, Elsevier, vol. 162(C).
    37. Agnieszka Duraj, 2001. "The Theory and Practice of the Policy of Dividend Payments in Public Companies," Ekonomia journal, Faculty of Economic Sciences, University of Warsaw, vol. 4.
    38. James M. Poterba & Lawrence H. Summers, 1984. "The Economic Effects of Dividend Taxation," NBER Working Papers 1353, National Bureau of Economic Research, Inc.
    39. Jeff Whitworth & Ramesh P. Rao, 2010. "Do Tax Law Changes Influence Ex‐Dividend Stock Price Behavior? Evidence from 1926 to 2005," Financial Management, Financial Management Association International, vol. 39(1), pages 419-445, March.
    40. Pattenden, Kerry & Twite, Garry, 2008. "Taxes and dividend policy under alternative tax regimes," Journal of Corporate Finance, Elsevier, vol. 14(1), pages 1-16, February.
    41. Goyal, Abhinav & Jategaonkar, Shrikant P. & Muckley, Cal B., 2020. "Why do privatized firms pay higher dividends?," Journal of Corporate Finance, Elsevier, vol. 60(C).
    42. Ravinder K. Bhardwaj & LeRoy D. Brooks, 1999. "Further Evidence On Dividend Yields And The Ex-Dividend Day Stock Price Effect," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 22(4), pages 503-514, December.
    43. Vassilis A. Efthymiou & George N. Leledakis, 2014. "The price impact of the disposition effect on the ex-dividend day of NYSE and AMEX common stocks," Quantitative Finance, Taylor & Francis Journals, vol. 14(4), pages 711-724, April.
    44. Cannavan, Damien & Finn, Frank & Gray, Stephen, 2004. "The value of dividend imputation tax credits in Australia," Journal of Financial Economics, Elsevier, vol. 73(1), pages 167-197, July.
    45. Dialdin Osman & Elsaudi Mohammed, 2010. "Dividend Policy In Saudi Arabia," The International Journal of Business and Finance Research, The Institute for Business and Finance Research, vol. 4(1), pages 99-113.
    46. Balachandran, Balasingham & Khan, Arifur & Mather, Paul & Theobald, Michael, 2019. "Insider ownership and dividend policy in an imputation tax environment," Journal of Corporate Finance, Elsevier, vol. 54(C), pages 153-167.
    47. Harris, Trevor S. & Hubbard, R. Glenn & Kemsley, Deen, 2001. "The share price effects of dividend taxes and tax imputation credits," Journal of Public Economics, Elsevier, vol. 79(3), pages 569-596, March.
    48. Mr. Shaun K. Roache & Alexander P. Attie, 2009. "Inflation Hedging for Long-Term Investors," IMF Working Papers 2009/090, International Monetary Fund.
    49. Dhaliwal, Dan & Zhen Li, Oliver & Trezevant, Robert, 2003. "Is a dividend tax penalty incorporated into the return on a firm's common stock?," Journal of Accounting and Economics, Elsevier, vol. 35(2), pages 155-178, June.
    50. Hanlon, Michelle & Myers, James N. & Shevlin, Terry, 2003. "Dividend taxes and firm valuation:: a re-examination," Journal of Accounting and Economics, Elsevier, vol. 35(2), pages 119-153, June.
    51. Darakhshan Younis & Attiya Yasmin Javid, 2014. "Market Imperfections and Dividend Policy Decisions of Manufacturing Sector of Pakistan," PIDE-Working Papers 2014:99, Pakistan Institute of Development Economics.
    52. Harry Huizinga & Luc Laeven & Gaëtan Nicodème, 2007. "Capital Structure and International Debt Shifting," Working Papers CEB 07-015.RS, ULB -- Universite Libre de Bruxelles.
    53. Clemens Sialm, 2006. "Investment Taxes and Equity Returns," NBER Working Papers 12146, National Bureau of Economic Research, Inc.
    54. Faccio, Mara & Lang, Larry H.P. & Leung, Joanne, 2000. "Dividends and Exploration," Working Paper Series 19016, Victoria University of Wellington, The New Zealand Institute for the Study of Competition and Regulation.
    55. Larry H. P. Lang & Mara Faccio & Leslie Young, 2001. "Dividends and Expropriation," American Economic Review, American Economic Association, vol. 91(1), pages 54-78, March.
    56. Justyna Franc-Dabrowska, 2009. "Does Dividend Policy Follow the Capital Structure Theory?," Managing Global Transitions, University of Primorska, Faculty of Management Koper, vol. 7(4), pages 367-382.
    57. James M. Poterba, 2001. "Taxation, Risk-Taking, and Household Portfolio Behavior," NBER Working Papers 8340, National Bureau of Economic Research, Inc.
    58. Milonas, Nikolaos T. & Travlos, Nickolaos G. & Xiao, Jason Zezhong & Tan, Cunkai, 2006. "The ex-dividend day stock price behavior in the Chinese stock market," Pacific-Basin Finance Journal, Elsevier, vol. 14(2), pages 155-174, April.
    59. Kartal Demirg ne, 2015. "Determinants of Target Dividend Payout Ratio: A Panel Autoregressive Distributed Lag Analysis," International Journal of Economics and Financial Issues, Econjournals, vol. 5(2), pages 418-426.
    60. Fazakas, Gergely & Kosárka, Judit, 2008. "Osztalékpolitikai elméletek [Dividend policy theories]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(9), pages 782-806.
    61. Hodgkinson, Lynn & Partington, Graham, 2013. "Capital gains tax, managed funds and the value of dividends: The case of New Zealand," The British Accounting Review, Elsevier, vol. 45(4), pages 271-283.
    62. Vedit Ä°nal, 2024. "On the Relationship between the Money Rate of Interest and Aggregate Investment Spending," Review of Radical Political Economics, Union for Radical Political Economics, vol. 56(2), pages 300-318, June.
    63. Barros, Victor & Verga Matos, Pedro & Miranda Sarmento, Joaquim, 2020. "What firm’s characteristics drive the dividend policy? A mixed-method study on the Euronext stock exchange," Journal of Business Research, Elsevier, vol. 115(C), pages 365-377.
    64. Ricky W. Scott, 2014. "Institutional Investors, Stock Repurchases and Information Asymmetry," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 5(4), pages 39-51, October.
    65. Guenther, David A. & Sansing, Richard, 2006. "Fundamentals of shareholder tax capitalization," Journal of Accounting and Economics, Elsevier, vol. 42(3), pages 371-383, December.
    66. Ignacio Fonseca, 1997. "¿Actúan los dividendos como señal?: un contraste basado en los cambios de la fiscalidad en España (1985-1995)," Investigaciones Economicas, Fundación SEPI, vol. 21(1), pages 93-109, January.
    67. Finn Tarp & Conor M. O'Toole, 2012. "Corruption and the Efficiency of Capital Investment in Developing Countries," WIDER Working Paper Series wp-2012-027, World Institute for Development Economic Research (UNU-WIDER).
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    70. Wu, Chunchi & Hsu, Junming, 1996. "The Impact of the 1986 Tax Reform on Ex-Dividend Day Volume and Price Behavior," National Tax Journal, National Tax Association;National Tax Journal, vol. 49(2), pages 177-192, June.
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    74. Dan W. French & S. McKay Price, 2018. "Depreciation-Related Capital Gains, Differential Tax Rates, and the Market Value of Real Estate Investment Trusts," The Journal of Real Estate Finance and Economics, Springer, vol. 57(1), pages 43-63, July.
    75. Hung Ngoc Dang & Van Thi Thuy Vu & Xuan Thanh Ngo & Ha Thi Viet Hoang, 2021. "Impact of dividend policy on corporate value: Experiment in Vietnam," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 26(4), pages 5815-5825, October.
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    84. William M. Gentry & Deen Kemsley & Christopher J. Mayer, 2001. "Dividend Taxes and Share Prices: Evidence from Real Estate Investment Trusts," NBER Working Papers 8486, National Bureau of Economic Research, Inc.
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  99. James M. Poterba & Lawrence H. Summers, 1984. "Adjusting the Gross Changes Data: Implications for Labor Market Dynamics," Working papers 351, Massachusetts Institute of Technology (MIT), Department of Economics.

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    1. James W. Shockey, 1988. "Adjusting for Response Error in Panel Surveys," Sociological Methods & Research, , vol. 17(1), pages 65-92, August.
    2. Michael R. Darby & John C. Haltiwanger & Mark W. Plant, 1986. "The Ins and Outs of Unemployment: The Ins Win," UCLA Economics Working Papers 411, UCLA Department of Economics.

  100. Lawrence H. Summers, 1984. "The Asset Price Approach to the Analysis of Capital Income Taxation," NBER Working Papers 1356, National Bureau of Economic Research, Inc.

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    1. Fullerton, Don & Metcalf, Gilbert E., 2002. "Tax incidence," Handbook of Public Economics, in: A. J. Auerbach & M. Feldstein (ed.), Handbook of Public Economics, edition 1, volume 4, chapter 26, pages 1787-1872, Elsevier.
    2. Mihir A. Desai & James R. Hines Jr., 2004. "Market Reactions to Export Subsidies," NBER Working Papers 10233, National Bureau of Economic Research, Inc.
    3. Andrew B. Lyon, 1988. "The Effect Of The Investment Tax Credit On The Value Of The Firm," NBER Working Papers 2537, National Bureau of Economic Research, Inc.

  101. J. Bradford De Long & Lawrence H. Summers, 1984. "Are Business Cycles Symmetric?," NBER Working Papers 1444, National Bureau of Economic Research, Inc.

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    1. Chang-Kon Choi, 1998. "Asymmetric Fluctuations and the Third Moments in the Real Business Cycle Theory," International Economic Journal, Taylor & Francis Journals, vol. 12(2), pages 35-53.
    2. Victor Zarnowitz, 1987. "The Regularity of Business Cycles," NBER Working Papers 2381, National Bureau of Economic Research, Inc.
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    4. Amado Peiro, 2004. "Are business cycles asymmetric? Some European evidence," Applied Economics, Taylor & Francis Journals, vol. 36(4), pages 335-342.
    5. Gerard A. Pfann, 1991. "Employment and business cycle asymmetries: a data based study," Discussion Paper / Institute for Empirical Macroeconomics 39, Federal Reserve Bank of Minneapolis.
    6. Randal J. Verbrugge, 1998. "Cross-Sectional and Longitudinal Inflation Asymmetries," Macroeconomics 9809018, University Library of Munich, Germany.
    7. Sergio Salgado & Fatih Guvenen & Nicholas Bloom, 2019. "Skewed Business Cycles," 2019 Meeting Papers 1189, Society for Economic Dynamics.
    8. Zanetti Chini, Emilio, 2018. "Forecasting dynamically asymmetric fluctuations of the U.S. business cycle," International Journal of Forecasting, Elsevier, vol. 34(4), pages 711-732.
    9. Daniel M. Chin & John Geweke & Preston J. Miller, 2000. "Predicting turning points," Staff Report 267, Federal Reserve Bank of Minneapolis.
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    11. Reva Krieger & Peter A. Tinsley, 1997. "Asymmetric adjustments of price and output," Finance and Economics Discussion Series 1997-31, Board of Governors of the Federal Reserve System (U.S.).
    12. Jushan Bai & Serena Ng, 1998. "A Test for Conditional Symmetry in Time Series Models," Boston College Working Papers in Economics 410, Boston College Department of Economics.
    13. Gregory D. Hess & Shigeru Iwata, 1997. "Asymmetric persistence in GDP? A deeper look at depth," Research Working Paper 97-02, Federal Reserve Bank of Kansas City.
    14. Frédérick Demers & Ryan Macdonald, 2007. "The Canadian Business Cycle: A Comparison of Models," Staff Working Papers 07-38, Bank of Canada.
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    18. Altissimo, Filippo & Violante, Giovanni, 2000. "The Nonlinear Dynamics of Output and Unemployment in the US," CEPR Discussion Papers 2475, C.E.P.R. Discussion Papers.
    19. Ulrich Woitek, 2004. "Real Wages and Business Cycle Asymmetries," CESifo Working Paper Series 1206, CESifo.
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    24. Khurshid Kiani, 2005. "Detecting Business Cycle Asymmetries Using Artificial Neural Networks and Time Series Models," Computational Economics, Springer;Society for Computational Economics, vol. 26(1), pages 65-89, August.
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    6. Hernan Acuna & Randall G. Holcombe, 2010. "The Effect of Changes in the Tax Structure on the Reported Income of High-Income Individuals," Public Finance Review, , vol. 38(3), pages 321-345, May.
    7. Clovis Kerdrain & Isabell Koske & Isabelle Wanner, 2011. "Current Account Imbalances: can Structural Reforms Help to Reduce Them?," OECD Journal: Economic Studies, OECD Publishing, vol. 2011(1), pages 1-44.
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    1. Gilles Oudiz & Jeffrey Sachs, 1984. "International Policy Coordination in Dynamic Macroeconomic Models," NBER Working Papers 1417, National Bureau of Economic Research, Inc.
    2. James M. Poterba, 1980. "Inflation, Income Taxes, and Owner-Occupied Housing," NBER Working Papers 0553, National Bureau of Economic Research, Inc.
    3. Peter B. Dixon & K.R. Pearson & Mark R. Picton & Maureen T. Rimmer, 2002. "Rational Expectations for Large Models: A Practical Algorithm and a Policy Application," Centre of Policy Studies/IMPACT Centre Working Papers ip-81, Victoria University, Centre of Policy Studies/IMPACT Centre.
    4. Michael A. Kouparitsas, 1997. "Why do countries pursue bilateral trade agreements: a case study of North America," Working Paper Series, Macroeconomic Issues WP-97-20, Federal Reserve Bank of Chicago.
    5. Timothy J. Kehoe & David K. Levine, 1990. "The Economics of Indeterminacy in Overlapping Generations Models," Levine's Working Paper Archive 2193, David K. Levine.
    6. Jeffrey Sachs & Warwick J. McKibbin, 1985. "Macroeconomic Policies in the OECD and LDC External Adjustmemt," NBER Working Papers 1534, National Bureau of Economic Research, Inc.
    7. Lawrence H. Summers, 1985. "The Asset Price Approach to the Analysis of Capital Income Taxation," Palgrave Macmillan Books, in: George R. Feiwel (ed.), Issues in Contemporary Macroeconomics and Distribution, chapter 19, pages 429-443, Palgrave Macmillan.
    8. James J. Heckman & Lance Lochner & Christopher Taber, 1998. "Explaining Rising Wage Inequality: Explorations with a Dynamic General Equilibrium Model of Labor Earnings with Heterogeneous Agents," NBER Working Papers 6384, National Bureau of Economic Research, Inc.
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  105. James M. Poterba & Lawrence H. Summers, 1983. "Survey Response Variation in the Current Population Survey," NBER Working Papers 1109, National Bureau of Economic Research, Inc.

    Cited by:

    1. John Ballen & Richard B. Freeman, 1986. "Transitions between Employment and Nonemployment," NBER Chapters, in: The Black Youth Employment Crisis, pages 75-114, National Bureau of Economic Research, Inc.
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    3. James M. Poterba & Lawrence H. Summers, 1984. "Adjusting the Gross Changes Data: Implications for Labor Market Dynamics," NBER Working Papers 1436, National Bureau of Economic Research, Inc.
    4. Bell, Una Louise & Artola, Concha, 2001. "Identifying labour market dynamics using labour force survey data," ZEW Discussion Papers 01-44, ZEW - Leibniz Centre for European Economic Research.

  106. Lawrence H. Summers, 1982. "Observations on the Indexation of Old Age Pensions," NBER Working Papers 1023, National Bureau of Economic Research, Inc.

    Cited by:

    1. Bradford, D.F., 1989. "Market Value Us. Financial Accounting Measures Of National Saving," Papers 34, Princeton, Woodrow Wilson School - Discussion Paper.
    2. Robert C. Merton & Zvi Bodie & Alan Marcus, 1987. "Pension Plan Integration As Insurance Against Social Security Risk," NBER Chapters, in: Issues in Pension Economics, pages 147-172, National Bureau of Economic Research, Inc.
    3. Alan L. Gustman & Olivia S. Mitchell & Thomas L. Steinmeier, 1993. "The Role of Pensions in the Labor Market," NBER Working Papers 4295, National Bureau of Economic Research, Inc.
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  107. Kim B. Clark & Lawrence H. Summers, 1982. "Unemployment Insurance and Labor Force Transitions," NBER Working Papers 0920, National Bureau of Economic Research, Inc.

    Cited by:

    1. Carl Davidson & Stephen A. Woodbury, 1995. "Wage-Rate Subsidies for Dislocated Workers," Upjohn Working Papers 95-31, W.E. Upjohn Institute for Employment Research.
    2. Hansen, Gary D & Imrohoroglu, Ayse, 1992. "The Role of Unemployment Insurance in an Economy with Liquidity Constraints and Moral Hazard," Journal of Political Economy, University of Chicago Press, vol. 100(1), pages 118-142, February.
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    7. Steven Stern, 1990. "Search, Applications and Vacancies," Virginia Economics Online Papers 398, University of Virginia, Department of Economics.

  108. Lawrence H. Summers, 1982. "The Nonadjustment of Nominal Interest Rates: A Study of the Fisher Effect," NBER Working Papers 0836, National Bureau of Economic Research, Inc.

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  109. N. Gregory Mankiw & Julio J. Rotemberg & Lawrence H. Summers, 1982. "Intertemporal Substitution in Macroeconomics," NBER Working Papers 0898, National Bureau of Economic Research, Inc.

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    43. Bidisha Mondal & Aparna Govindarajan & Trisha Chandra, 2023. "Discouraged Worker Effect among Indian Women: Evidence from FLFP Survey," The Indian Journal of Labour Economics, Springer;The Indian Society of Labour Economics (ISLE), vol. 66(4), pages 1019-1040, December.
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  112. Jeremy I. Bulow & Lawrence H. Summers, 1982. "The Taxation of Risky Assets," NBER Working Papers 0897, National Bureau of Economic Research, Inc.

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    1. Michael Devereux, 2003. "Measuring taxes on income from capital," IFS Working Papers W03/04, Institute for Fiscal Studies.
    2. Pindyck, Robert S, 1984. "Risk, Inflation, and the Stock Market," American Economic Review, American Economic Association, vol. 74(3), pages 335-351, June.
    3. Konrad, Kai A., 1989. "Kapitaleinkommensteuern und beschleunigte Abschreibungen bei Unsicherheit," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 47(3), pages 404-427.
    4. Jorgenson, Dale W. & Nomura, Koji, 2005. "The industry origins of Japanese economic growth," Journal of the Japanese and International Economies, Elsevier, vol. 19(4), pages 482-542, December.
    5. Louis Kaplow, 1991. "A Note on Taxation as Social Insurance for Uncertain Labor Income," NBER Working Papers 3708, National Bureau of Economic Research, Inc.
    6. Konrad, Kai A., 1991. "Taxation and risk taking in a capital market equilibrium with self-selection," EconStor Research Reports 112683, ZBW - Leibniz Information Centre for Economics.
    7. Shafik Hebous & Alexander Klemm, 2018. "A Destination-Based Allowance for Corporate Equity," CESifo Working Paper Series 7363, CESifo.
    8. 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.
    9. Bradford, D.F., 1989. "Market Value Us. Financial Accounting Measures Of National Saving," Papers 34, Princeton, Woodrow Wilson School - Discussion Paper.
    10. Hebous, Shafik & Ruf, Martin, 2018. "Evaluating the Effects of ACE Systems on Multinational Debt Financing and Investment," Working Paper Series 20305, Victoria University of Wellington, Chair in Public Finance.
    11. James Berkovec & Don Fullerton, 1990. "A General Equilibrium Model of Housing, Taxes, and Portfolio Choice," NBER Working Papers 3505, National Bureau of Economic Research, Inc.
    12. Hlouskova, Jaroslava & Tsigaris, Panagiotis, 2020. "Capital income taxation under full loss offset provisions of a prospect theory investor," IHS Working Paper Series 11, Institute for Advanced Studies.
    13. Lans Bovenberg & Krister Anderson & Kenji Aramaki & Sheetal K. Chand, 1990. "Tax Incentives and International Capital Flows: The Case of the United States and Japan," NBER Chapters, in: Taxation in the Global Economy, pages 283-328, National Bureau of Economic Research, Inc.
    14. Bob Hamilton & Jack Mintz & John Whalley, 1991. "Decomposing the Welfare Costs of Capital Tax Distortions: The Importance of Risk Assumptions," NBER Working Papers 3628, National Bureau of Economic Research, Inc.
    15. Demougin, Dominique & Sinn, Hans-Werner, 1993. "Privatization, Risk-Taking, and the Communist Firm," CEPR Discussion Papers 743, C.E.P.R. Discussion Papers.
    16. Devereux, Michael, 2003. "Taxing Risky Investment," CEPR Discussion Papers 4053, C.E.P.R. Discussion Papers.
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    19. Hans-Werner Sinn, 1996. "Social insurance, incentives and risk taking," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 3(3), pages 259-280, July.
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    21. Eddy Zanoutene, 2023. "Scale‐dependent and risky returns to savings: Consequences for optimal capital taxation," Post-Print hal-03891225, HAL.
    22. Roger H. Gordon & James R. Hines, Jr. & Lawrence H. Summers, 1987. "Notes on the Tax Treatment of Structures," NBER Chapters, in: The Effects of Taxation on Capital Accumulation, pages 223-258, National Bureau of Economic Research, Inc.
    23. Patric H. Hendershott, 1987. "Tax Reform and the Slope of the Playing Field," NBER Chapters, in: Taxes and Capital Formation, pages 51-62, National Bureau of Economic Research, Inc.
    24. Dirk Schindler, 2008. "Taxing Risky Capital Income - A Commodity Taxation Approach," FinanzArchiv: Public Finance Analysis, Mohr Siebeck, Tübingen, vol. 64(3), pages 311-333, September.
    25. Magnus Henrekson & Tino Sanandaji, 2011. "Entrepreneurship and the theory of taxation," Small Business Economics, Springer, vol. 37(2), pages 167-185, September.
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    27. Laurence J. Kotlikoff, 1984. "Taxation and Savings - A Neoclassical Perspective," NBER Working Papers 1302, National Bureau of Economic Research, Inc.
    28. Moretto Michele & Vergalli Sergio & Panteghini Paolo M., 2015. "Tax Competition, Investment Irreversibility and the Provision of Public Goods," German Economic Review, De Gruyter, vol. 16(4), pages 408-421, December.
    29. Frestad, Dennis, 2010. "Corporate hedging under a resource rent tax regime," Energy Economics, Elsevier, vol. 32(2), pages 458-468, March.
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    31. Marika Santoro & Chao Wei, 2011. "The Welfare Cost of Capital Taxation: An Asset Market Approach (Working Paper 2011-03)," Working Papers 41152, Congressional Budget Office.
    32. Lawrence H. Summers, 1987. "Should Tax Reform Level the Playing Field?," NBER Working Papers 2132, National Bureau of Economic Research, Inc.
    33. Stephen Bond & Michael Devereux, 1993. "On the design of a neutral business tax under uncertainty," IFS Working Papers W93/01, Institute for Fiscal Studies.
    34. George R. Zodrow, 2019. "Taxation, Uncertainty and the Choice of a Consumption Tax Base," World Scientific Book Chapters, in: George R Zodrow (ed.), TAXATION IN THEORY AND PRACTICE Selected Essays of George R. Zodrow, chapter 8, pages 227-237, World Scientific Publishing Co. Pte. Ltd..
    35. John B. Shoven & Michael Topper, 1992. "The Cost of Capital in Canada, the United States, and Japan," NBER Chapters, in: Canada-U.S. Tax Comparisons, pages 217-236, National Bureau of Economic Research, Inc.
    36. Jack M. Mintz & Douglas D. Purvis, 1990. "Risk and Economic Policy," Canadian Public Policy, University of Toronto Press, vol. 16(3), pages 298-307, September.
    37. Syed M. Ahsan & Peter Tsigaris, "undated". "The Design of a Consumption Tax under Capital Risk," EPRU Working Paper Series 97-11, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics.
    38. Roger H. Gordon & John D. Wilson, 1986. "Measuring the Efficiency Cost of Taxing Risky Capital Income," NBER Working Papers 1992, National Bureau of Economic Research, Inc.
    39. Konrad, Kai A., 1990. "A note on depreciation allowances, taxation and risk-taking," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 3(2), pages 161-165.
    40. Francesco Menoncin & Paolo Panteghini, 2008. "The Johansson-Samuelson Theorem in General Equilibrium: A Rebuttal," CESifo Working Paper Series 2352, CESifo.
    41. Lund, Diderik, 2006. "Taxation and systematic risk under decreasing returns to scale," Working Papers 02-2003, Copenhagen Business School, Department of Economics.
    42. Roger Gordon & Laura Kalambokidis & Joel Slemrod, 2003. "A New Summary Measure of the Effective Tax Rate on Investment," NBER Working Papers 9535, National Bureau of Economic Research, Inc.
    43. Diderik Lund, 2002. "Taxation, Uncertainty, and the Cost of Equity," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 9(4), pages 483-503, August.
    44. Kai A. Konrad, 1991. "Risk Taking and Taxation in Complete Capital Markets," The Geneva Risk and Insurance Review, Palgrave Macmillan;International Association for the Study of Insurance Economics (The Geneva Association), vol. 16(2), pages 167-177, December.
    45. James M. Poterba, 2001. "Taxation, Risk-Taking, and Household Portfolio Behavior," NBER Working Papers 8340, National Bureau of Economic Research, Inc.
    46. Kenneth McKenzie & Jack Mintz, 1992. "Tax Effects on the Cost of Capital," NBER Chapters, in: Canada-U.S. Tax Comparisons, pages 189-216, National Bureau of Economic Research, Inc.
    47. Katharina Finke & Jost H. Heckemeyer & Timo Reister & Christoph Spengel, 2010. "Impact of Tax Rate Cut Cum Base Broadening Reforms on Heterogeneous Firms – Learning from the German Tax Reform 2008," Working Papers 1005, Oxford University Centre for Business Taxation.
    48. Jeffrey MacKie-Mason, 1988. "Nonlinear Taxation of Risky Assets and Investment, With Application to Mining," NBER Working Papers 2631, National Bureau of Economic Research, Inc.
    49. Patric H. Hendershott, 1986. "Tax Changes and Capital Allocation in the 1980s," NBER Working Papers 1911, National Bureau of Economic Research, Inc.
    50. Peter Henry, 2007. "Capital Account Liberalization: Theory, Evidence, and Speculation," Discussion Papers 07-004, Stanford Institute for Economic Policy Research.
    51. William M. Gentry & R. Glenn Hubbard, 1996. "Distributional Implications of Introducing a Broad-Based Consumption Tax," NBER Working Papers 5832, National Bureau of Economic Research, Inc.
    52. Wolfram Richter, 1992. "The optimal taxation of risky capital income: An elasticity rule," Journal of Economics, Springer, vol. 55(1), pages 101-111, February.
    53. Louis Kaplow, 2024. "Optimal Income Taxation," Journal of Economic Literature, American Economic Association, vol. 62(2), pages 637-738, June.
    54. Jack Mintz, 1995. "Corporation tax: a survey," Fiscal Studies, Institute for Fiscal Studies, vol. 16(4), pages 23-68, November.
    55. Schindler, Dirk, 2003. "Optimal Income Taxation with a Risky Asset: The Triple Income Tax," CoFE Discussion Papers 03/11, University of Konstanz, Center of Finance and Econometrics (CoFE).
    56. Lund, Diderik, 2009. "Marginal versus Average Beta of Equity under Corporate Taxation," Memorandum 12/2009, Oslo University, Department of Economics.
    57. Wolfgang Buchholz & Kai A. Konrad, 2014. "Taxes on risky returns — an update," Working Papers tax-mpg-rps-2014-10, Max Planck Institute for Tax Law and Public Finance.
    58. David F. Bradford & Charles Stuart, 1986. "Issues in the Measurement and Interpretation of Effective Tax Rates," NBER Working Papers 1975, National Bureau of Economic Research, Inc.
    59. Patric H. Hendershott, 1985. "Tax Reform, Interest Rates and Capital Allocation," NBER Working Papers 1708, National Bureau of Economic Research, Inc.
    60. Alan J. Auerbach, 2006. "Who Bears the Corporate Tax? A Review of What We Know," NBER Chapters, in: Tax Policy and the Economy, Volume 20, pages 1-40, National Bureau of Economic Research, Inc.
    61. Louis Kaplow, 1991. "Taxation and Risk Taking: A General Equilibrium Perspective," NBER Working Papers 3709, National Bureau of Economic Research, Inc.
    62. Paolo Panteghini, 2002. "Asymmetric Taxation under Incremental and Sequential Investment," CESifo Working Paper Series 717, CESifo.
    63. Konrad, Kai A., 1990. "The Domar-Musgrave phenomenon and adverse selection," EconStor Research Reports 112681, ZBW - Leibniz Information Centre for Economics.
    64. Marc Steffen Rapp & Bernhard Schwetzler, 2008. "Equilibrium Security Prices with Capital Income Taxes and an Exogenous Interest Rate," FinanzArchiv: Public Finance Analysis, Mohr Siebeck, Tübingen, vol. 64(3), pages 334-351, September.
    65. Mikael Apel & Jan Södersten, 1999. "Personal Taxation and Investment Incentives in a Small Open Economy," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 6(1), pages 79-88, February.
    66. Brahim Elmorchid, 2010. "L’impact des Congés Fiscaux sur le Coût d’usage du Capital dans les Pays Arabes: Cas du Maroc," Working Papers 533, Economic Research Forum, revised 07 Jan 2010.
    67. Lund, Diderik, 2005. "An analytical model of required returns to equity under taxation with imperfect loss offset," Memorandum 13/2005, Oslo University, Department of Economics.
    68. Alan J. Auerbach, 1988. "Retrospective Capital Gains Taxation," NBER Working Papers 2792, National Bureau of Economic Research, Inc.
    69. Syed M. Ahsan & Panagiotis Tsigaris, 2003. "Choice of Tax Base Revisited: Cash Flow vs. Prepayment Approaches to Consumption Taxation," CESifo Working Paper Series 983, CESifo.
    70. Rapp, Marc Steffen & Schwetzler, Bernhard, 2008. "Equilibrium security prices with capital income taxes and an exogenous interest rate," CEFS Working Paper Series 2008-08, Technische Universität München (TUM), Center for Entrepreneurial and Financial Studies (CEFS).
    71. Santoro, Marika & Wei, Chao, 2013. "The marginal welfare cost of capital taxation: Discounting matters," Journal of Economic Dynamics and Control, Elsevier, vol. 37(4), pages 897-909.

  113. Lawrence H. Summers, 1982. "Do We Really Know That Financial Markets Are Efficient?," NBER Working Papers 0994, National Bureau of Economic Research, Inc.

    Cited by:

    1. Jeffrey A. Frankel & James H. Stock, 1983. "A Relationship Between Regression Tests and Volatility Tests of Market ncy," NBER Working Papers 1105, National Bureau of Economic Research, Inc.
    2. Mankiw, N Gregory & Romer, David & Shapiro, Matthew D, 1985. "An Unbiased Reexamination of Stock Market Volatility," Journal of Finance, American Finance Association, vol. 40(3), pages 677-687, July.
    3. Robert J. Shiller, 1985. "Conventional Valuation and the Term Structure of Interest Rates," NBER Working Papers 1610, National Bureau of Economic Research, Inc.
    4. Ercan Balaban & Kursat Kunter, 1996. "Financial Market Efficiency in a Developing Economy : The Turkish Case," Discussion Papers 9611, Research and Monetary Policy Department, Central Bank of the Republic of Turkey.
    5. Zapart, Christopher A., 2015. "Econophysics: A challenge to econometricians," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 419(C), pages 318-327.
    6. Robert J. Shiller & J. Huston McCulloch, 1987. "The Term Structure of Interest Rates," NBER Working Papers 2341, National Bureau of Economic Research, Inc.
    7. Aboudou Ouattara, 2019. "Moderating Effects of Financial Transparency on Accounting Information¡¯s Transmission to Share Prices: The Case Study of Non-Financial Companies Listed at BRVM," Applied Economics and Finance, Redfame publishing, vol. 6(5), pages 35-52, September.
    8. Ercan Balaban & Kursat Kunter, 1996. "Stock Market Efficiency in a Developing Economy : Evidence from Turkey," Discussion Papers 9612, Research and Monetary Policy Department, Central Bank of the Republic of Turkey.

  114. Michael A. Salinger & Lawrence H. Summers, 1981. "Tax Reform and Corporate Investment: A Microeconometric Simulation Study," NBER Working Papers 0757, National Bureau of Economic Research, Inc.

    Cited by:

    1. Gilchrist, Simon & Himmelberg, Charles P., 1995. "Evidence on the role of cash flow for investment," Journal of Monetary Economics, Elsevier, vol. 36(3), pages 541-572, December.
    2. James M. Poterba & Lawrence H. Summers, 1981. "Dividend Taxes, Corporate Investment, and "Q"," NBER Working Papers 0829, National Bureau of Economic Research, Inc.
    3. Christopher F. Baum & Mustafa Caglayan & Oleksandr Talavera, 2006. "Uncertainty Determinants of Firm Investment," Boston College Working Papers in Economics 646, Boston College Department of Economics, revised 24 Feb 2007.
    4. Michael J. Orlando, 2002. "Measuring R & D spillovers : on the importance of geographic and technological proximity," Research Working Paper RWP 02-06, Federal Reserve Bank of Kansas City.
    5. Oliver Levine & Missaka Warusawitharana, 2014. "Finance and Productivity Growth: Firm-level Evidence," Finance and Economics Discussion Series 2014-17, Board of Governors of the Federal Reserve System (U.S.).
    6. Missaka Warusawitharana, 2007. "Corporate asset purchases and sales: theory and evidence," Finance and Economics Discussion Series 2007-27, Board of Governors of the Federal Reserve System (U.S.).
    7. Alberto Alesina & Silvia Ardagna & Roberto Perotti & Fabio Schiantarelli, 1999. "Fiscal Policy, Profits, and Investment," NBER Working Papers 7207, National Bureau of Economic Research, Inc.
    8. Vasia Panousi & Dimitris Papanikolaou, 2011. "Investment, idiosyncratic risk, and ownership," Finance and Economics Discussion Series 2011-54, Board of Governors of the Federal Reserve System (U.S.).
    9. Amaresh K Tiwari, 2023. "Automation In An Open, Catching-Up Economy: Aggregate And Microeconometric Evidence," University of Tartu - Faculty of Economics and Business Administration Working Paper Series 144, Faculty of Economics and Business Administration, University of Tartu (Estonia).
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    1. Isaac Baley & Andrés Blanco, 2022. "The long-run effects of corporate tax reforms," Economics Working Papers 1813, Department of Economics and Business, Universitat Pompeu Fabra.
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    48. Katarzyna Bilicka & Irem Güçeri & Evangelos Koumanakos & Katarzyna Anna Bilicka & Irem Guceri, 2022. "Dividend Taxation and Firm Performance with Heterogeneous Payout Responses," CESifo Working Paper Series 10185, CESifo.
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    52. Michael P. O'Malley, 1996. "Tax exhaustion, firm investment, and leasing; a test of the Q model of investment," Finance and Economics Discussion Series 96-31, Board of Governors of the Federal Reserve System (U.S.).
    53. Rajeev Dhawan & Geoffrey Gerdes, 1997. "Estimating Technological Change Using a Stochastic Frontier Production Function Framework: Evidence from U.S. Firm-Level Data," Journal of Productivity Analysis, Springer, vol. 8(4), pages 431-446, November.
    54. Richard W. Kopcke, 1992. "Tobin's Q, economic rents, and the optimal stock of capital," Working Papers 92-3, Federal Reserve Bank of Boston.
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  116. Lawrence H. Summers, 1981. "Inflation and the Valuation of Corporate Equities," NBER Working Papers 0824, National Bureau of Economic Research, Inc.

    Cited by:

    1. Douglas K. Pearce & V. Vance Roley, 1984. "Stock Prices and Economic News," NBER Working Papers 1296, National Bureau of Economic Research, Inc.
    2. Pindyck, Robert S, 1984. "Risk, Inflation, and the Stock Market," American Economic Review, American Economic Association, vol. 74(3), pages 335-351, June.
    3. Vadim Ye. Zyamalov, 2017. "Comparison of the Predictive Ability of Single and Multi-Regime Models of Stock Market Dynamics," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 2, pages 64-75, April.
    4. Georgios Bampinas & Theodore Panagiotidis, 2016. "Hedging Inflation with Individual US stocks: A long-run portfolio analysis," Working Paper series 16-11, Rimini Centre for Economic Analysis.
    5. Steven A. Sharpe, 1999. "Stock prices, expected returns, and inflation," Finance and Economics Discussion Series 1999-02, Board of Governors of the Federal Reserve System (U.S.).
    6. Konchitchki, Yaniv, 2011. "Inflation and Nominal Financial Reporting: Implications for Performance and Stock Prices," MPRA Paper 52928, University Library of Munich, Germany.
    7. Lawrence H. Summers, 1983. "Observations on the Indexation of Old Age Pensions," NBER Chapters, in: Financial Aspects of the United States Pension System, pages 231-258, National Bureau of Economic Research, Inc.
    8. Md. Mohiuddin & Md. Didarul Alam & Abdullah Ibneyy Shahid, 2008. "An Empirical Study of the Relationship between Macroeconomic Variables and Stock Price: A Study on Dhaka Stock Exchange (DSE)," AIUB Bus Econ Working Paper Series AIUB-BUS-ECON-2008-21, American International University-Bangladesh (AIUB), Office of Research and Publications (ORP), revised Jun 2008.
    9. Lawrence H. Summers, 1982. "The Nonadjustment of Nominal Interest Rates: A Study of the Fisher Effect," NBER Working Papers 0836, National Bureau of Economic Research, Inc.
    10. Modigliani, Franco. & Cohn, Richard A., 1984. "Inflation and corporate financial management," Working papers 1572-84., Massachusetts Institute of Technology (MIT), Sloan School of Management.
    11. Markus K. Brunnermeier & Sergio A. Correia & Stephan Luck & Emil Verner & Tom Zimmermann, 2023. "The Debt-Inflation Channel of the German Hyperinflation," NBER Working Papers 31298, National Bureau of Economic Research, Inc.
    12. Lawrence H. Summers, 1985. "The Asset Price Approach to the Analysis of Capital Income Taxation," Palgrave Macmillan Books, in: George R. Feiwel (ed.), Issues in Contemporary Macroeconomics and Distribution, chapter 19, pages 429-443, Palgrave Macmillan.
    13. Turuntseva, M. & Zyamalov, V., 2016. "Stock Markets under the Changing Terms of Trade," Journal of the New Economic Association, New Economic Association, vol. 31(3), pages 93-109.
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  117. Kim B. Clark & Lawrence H. Summers, 1980. "Demographic Differences in Cyclical Employment Variation," NBER Working Papers 0514, National Bureau of Economic Research, Inc.

    Cited by:

    1. Gielen, Anne C. & van Ours, Jan C., 2006. "Age-specific cyclical effects in job reallocation and labor mobility," Labour Economics, Elsevier, vol. 13(4), pages 493-504, August.
    2. Peterman, William B., 2013. "Determining the motives for a positive optimal tax on capital," Journal of Economic Dynamics and Control, Elsevier, vol. 37(1), pages 265-295.
    3. Lorenzo Carbonari & Vincenzo Atella & Paola Samà, 2018. "Hours worked in selected OECD countries: an empirical assessment," International Review of Applied Economics, Taylor & Francis Journals, vol. 32(4), pages 525-545, July.
    4. Ana Castaneda & Javier Diaz-Gimenez & José-Víctor Ríos-Rull, 1995. "Unemployment spells and income distribution dynamics," Working Papers 95-9, Federal Reserve Bank of Philadelphia.
    5. Joachim Zietz & Xiaolin Zhao, 2009. "The response of household incomes to stock price and GDP growth by income quantile," Applied Economics, Taylor & Francis Journals, vol. 41(12), pages 1501-1512.
    6. Mustafa K. Yilmaz & Umit Hacioglu & Ekrem Tatoglu & Mine Aksoy & Selman Duran, 2023. "Measuring the impact of board gender and cultural diversity on corporate governance and social performance: evidence from emerging markets," Economic Research-Ekonomska Istraživanja, Taylor & Francis Journals, vol. 36(2), pages 2106503-210, December.
    7. Mennuni, Alessandro, 2019. "The aggregate implications of changes in the labour force composition," European Economic Review, Elsevier, vol. 116(C), pages 83-106.
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    38. Mauricio De Rosa, 2022. "Accumulation, inheritance and wealth distribution: first estimates of the untold half," Documentos de Trabajo (working papers) 22-07, Instituto de Economía - IECON.
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    46. Oeffner, Marc, 2005. "Die Duale Einkommensteuer des Sachverständigenrates in der Diskussion," W.E.P. - Würzburg Economic Papers 59, University of Würzburg, Department of Economics.
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    49. Jeffrey R. Brown, 1999. "Are the Elderly Really Over-Annuitized? New Evidence on Life Insurance and Bequests," NBER Working Papers 7193, National Bureau of Economic Research, Inc.
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    7. Lawrence H. Summers, 1985. "Taxation and the Size and Composition of the Capital Stock: An Asset Price Approach," NBER Working Papers 1709, National Bureau of Economic Research, Inc.
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    9. James Berkovec & Don Fullerton, 1990. "A General Equilibrium Model of Housing, Taxes, and Portfolio Choice," NBER Working Papers 3505, National Bureau of Economic Research, Inc.
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    19. Anderson, Hamish D. & Malone, Christopher B. & Marshall, Ben R., 2008. "Investment returns under right- and left-wing governments in Australasia," Pacific-Basin Finance Journal, Elsevier, vol. 16(3), pages 252-267, June.
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    4. Visar Hoxha & Alenka Temeljotov Salaj, 2014. "Fundamental Economic Factors That Affect Housing Prices: Comparative Analysis between Kosovo and Slovenia," Management, University of Primorska, Faculty of Management Koper, vol. 9(4), pages 323-348.
    5. Christophe Chamley, 1981. "On the Infinite Welfare Cost of Inflation and Other Second Order Effects," Cowles Foundation Discussion Papers 598, Cowles Foundation for Research in Economics, Yale University.

  123. Martin Feldstein & Lawrence H. Summers, 1979. "Inflation and the Taxation of Capital Income in the Corporate Sector," NBER Working Papers 0312, National Bureau of Economic Research, Inc.

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    4. Don Fullerton, 1983. "Which Effective Tax Rate?," NBER Working Papers 1123, National Bureau of Economic Research, Inc.
    5. Martin Feldstein & Joel Slemrod, 1980. "Personal Taxation, Portfolio Choice and The Effect of the Corporation Income Tax," NBER Working Papers 0241, National Bureau of Economic Research, Inc.
    6. Alan J. Auerbach & James M. Poterba, 1986. "Why Have Corporate Tax Revenues Declined?," Working papers 435, Massachusetts Institute of Technology (MIT), Department of Economics.
    7. Sellin, Peter, 1998. "Monetary Policy and the Stock Market: Theory and Empirical Evidence," Working Paper Series 72, Sveriges Riksbank (Central Bank of Sweden).
    8. William T. Gavin & Finn E. Kydland & Michael R. Pakko, 2006. "Monetary policy, taxes and the business cycle," Working Papers 2004-017, Federal Reserve Bank of St. Louis.
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    11. Benjamin M. Friedman & Milton Friedman & A. W. Clausen, 1980. "Postwar Changes in the American Financial Markets," NBER Chapters, in: The American Economy in Transition, pages 9-100, National Bureau of Economic Research, Inc.
    12. Martin Feldstein & Joel Slemrod & Shlomo Yitzhaki, 1980. "The Effects of Taxation on the Selling of Corporate Stock and the Realization of Capital Gains," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 94(4), pages 777-791.
    13. Nowotny, Ewald, 1980. "Inflation and Taxation: Reviewing the Macroeconomic Issues," Journal of Economic Literature, American Economic Association, vol. 18(3), pages 1025-1049, September.
    14. Roger H. Gordon, 1981. "Taxation of Corporate Capital Income: Tax Revenues vs. Tax Distortions," NBER Working Papers 0687, National Bureau of Economic Research, Inc.
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    31. James Poterba, 1997. "The Estate Tax and After-Tax Investment Returns," NBER Working Papers 6337, National Bureau of Economic Research, Inc.
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    33. David Altig & Alan J. Auerbach & Erin Eidschun & Laurence Kotlikoff & Victor Yifan Ye, 2024. "Inflation's Fiscal Impact on American Households," NBER Chapters, in: NBER Macroeconomics Annual 2024, volume 39, National Bureau of Economic Research, Inc.
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    37. Silke Rünger & Rainer Niemann & Magdalena Haring, 2019. "Investor taxation, firm heterogeneity and capital structure choice," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 26(4), pages 719-757, August.
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    39. Pindyck, Robert S. & Rotemberg, Julio., 1982. "Dynamic factor demands under rational expectations," Working papers 1351-82., Massachusetts Institute of Technology (MIT), Sloan School of Management.
    40. Martin Feldstein & Joosung Jun, 1986. "The Effects of Tax Rules on Nonresidential Fixed Investment: Some Preliminary Evidence from the 1980s," NBER Working Papers 1857, National Bureau of Economic Research, Inc.
    41. Ignacio Palacios-Huerta, 2001. "An Empirical Analysis of the Risk Properties of Human Capital Returns," Working Papers 2001-10, Brown University, Department of Economics.
    42. Sebastian Beer & Mark Griffiths & Alexander Klemm, 2023. "Tax distortions from inflation: What are they? How to deal with them?," Public Sector Economics, Institute of Public Finance, vol. 47(3), pages 353-386.
    43. Darrel Cohen & Kevin A. Hassett & R. Glenn Hubbard, 1997. "Inflation and the User Cost of Capital: Does Inflation Still Matter?," NBER Working Papers 6046, National Bureau of Economic Research, Inc.
    44. Don Fullerton & Roger H. Gordon, 1983. "A Reexamination of Tax Distortions in General Equilibrium Models," NBER Chapters, in: Behavioral Simulation Methods in Tax Policy Analysis, pages 369-426, National Bureau of Economic Research, Inc.
    45. J. David López-Salido & Emily J. Markowitz & Edward Nelson, 2024. "Continuity and Change in the Federal Reserve’s Perspective on Price Stability," Finance and Economics Discussion Series 2024-041, Board of Governors of the Federal Reserve System (U.S.).
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    48. Jeffrey A. Miron & Stephen P. Zeldes, "undated". "Seasonality, Cost Shocks and the Production Smoothing Model of Inventories," Rodney L. White Center for Financial Research Working Papers 01-87, Wharton School Rodney L. White Center for Financial Research.
    49. Helmers, Glenn A. & Watts, Myles J. & Smith, Vincent H. & Atwood, Joseph, 1990. "The Impact Of Income Taxes On Resource Allocation And Structure Of Agriculture," 1990 Conference, January 6-9, Albuquerque, New Mexico 260181, Regional Research Committe NC-181: Determinants of Farm Size and Structure.
    50. Zoran Ivković & James Poterba & Scott Weisbenner, 2005. "Tax-Motivated Trading by Individual Investors," American Economic Review, American Economic Association, vol. 95(5), pages 1605-1630, December.
    51. Jeremy I. Bulow & Myron S. Scholes, 1983. "Who Owns the Assets in a Defined-Benefit Pension Plan?," NBER Chapters, in: Financial Aspects of the United States Pension System, pages 17-36, National Bureau of Economic Research, Inc.
    52. Robert L. Hetzel, 1990. "A mandate for price stability," Economic Review, Federal Reserve Bank of Richmond, vol. 76(Mar), pages 45-53.
    53. Roger Gordon & Laura Kalambokidis & Joel Slemrod, 2003. "A New Summary Measure of the Effective Tax Rate on Investment," NBER Working Papers 9535, National Bureau of Economic Research, Inc.
    54. Benjamin M. Friedman, 1980. "Postwar Changes in the American Financial Markets," NBER Working Papers 0458, National Bureau of Economic Research, Inc.
    55. Martin Feldstein, 1994. "Fiscal Policies, Capital Formation, and Capitalism," NBER Working Papers 4885, National Bureau of Economic Research, Inc.
    56. Omran, Mohammed & Pointon, John, 2001. "Does the inflation rate affect the performance of the stock market? The case of Egypt," Emerging Markets Review, Elsevier, vol. 2(3), pages 263-279, September.
    57. Judd, Kenneth L, 1985. "Short-run Analysis of Fiscal Policy in a Simple Perfect Foresight Model," Journal of Political Economy, University of Chicago Press, vol. 93(2), pages 298-319, April.
    58. Anandi Sahu, 2008. "Degrees of tax indexation and nominal interest rates: Effects of inflation on incentives to save and invest," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 32(1), pages 91-104, January.
    59. Peter Sellin, 2001. "Monetary Policy and the Stock Market: Theory and Empirical Evidence," Journal of Economic Surveys, Wiley Blackwell, vol. 15(4), pages 491-541, September.
    60. Apergis, Nicholas & Eleftheriou, Sophia, 2002. "Interest rates, inflation, and stock prices: the case of the Athens Stock Exchange," Journal of Policy Modeling, Elsevier, vol. 24(3), pages 231-236, June.
    61. Charles E. McLure, Jr., 1980. "Taxes, Saving, and Welfare: Theory and Evidence," NBER Working Papers 0504, National Bureau of Economic Research, Inc.
    62. James M. Poterba, 1994. "Govemment Saving Incentives in the United States," NBER Chapters, in: Public Policies and Household Saving, pages 1-18, National Bureau of Economic Research, Inc.
    63. Jeremy I. Bulow, 1981. "Tax Aspects of Corporate Pension Funding Policy," NBER Working Papers 0724, National Bureau of Economic Research, Inc.
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    65. Joel Slemrod, 1981. "A General Equilibrium Model of Taxation with Endogenous Financial Behavior," NBER Working Papers 0799, National Bureau of Economic Research, Inc.
    66. Joseph E. Stiglitz, 1980. "On the Almost Neutrality of Inflation: Notes on Taxation and the Welfare Costs of Inflation," NBER Working Papers 0499, National Bureau of Economic Research, Inc.
    67. Haring, Magdalena & Niemann, Rainer & Rünger, Silke, 2016. "Investor taxation, firm heterogeneity and capital structure choice," arqus Discussion Papers in Quantitative Tax Research 210, arqus - Arbeitskreis Quantitative Steuerlehre.
    68. Charles Becker & Don Fullerton, 1980. "Income Tax Incentives to Promote Saving," NBER Working Papers 0487, National Bureau of Economic Research, Inc.
    69. Don Fullerton & Marios Karayannis, 1987. "The Taxation of Income from Capital in the United States, 1980-86," NBER Working Papers 2478, National Bureau of Economic Research, Inc.
    70. Félix Domínguez Barrero & Julio López Laborda & Fernando Rodrigo Sauco, 2005. "Do Corporate and Personal Income Taxes Affect Incorporation?," Hacienda Pública Española / Review of Public Economics, IEF, vol. 174(3), pages 55-86, September.
    71. Chang Woon Nam & Doina Radulescu & Doina Maria Radulescu, 2005. "Effects of Corporate Tax Reforms on SMEs’ Investment Decisions under the Particular Consideration of Inflation," CESifo Working Paper Series 1478, CESifo.
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  124. Alan J. Auerbach & Lawrence H. Summers, 1979. "The Investment Tax Credit: An Evaluation," NBER Working Papers 0404, National Bureau of Economic Research, Inc.

    Cited by:

    1. Dimitrios Bermperoglou & Yota Deli & Sarantis Kalyvitis, 2019. "Investment Tax Incentives and Their Big Time-to-Build Fiscal Multiplier," Working Papers 201927, School of Economics, University College Dublin.
    2. Alan J. Auerbach & James R. Hines Jr., 1986. "Anticipated Tax Changes and the Timing of Investment," NBER Working Papers 1886, National Bureau of Economic Research, Inc.
    3. Catherine Fazio & Jorge Guzman & Scott Stern, 2020. "The Impact of State-Level Research and Development Tax Credits on the Quantity and Quality of Entrepreneurship," Economic Development Quarterly, , vol. 34(2), pages 188-208, May.
    4. LeBlanc, Michael & Durst, Ron & Hrubovcak, James & Conway, Roger, 1987. "Economic Consequences Of Tax Reform On Agricultural Investment," 1987 Annual Meeting, August 2-5, East Lansing, Michigan 270122, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    5. Pinskaya, Milyausha & Kolesnik, Georgiy, 2015. "Разграничение Полномочий Между Федеральным И Региональным Уровнями Власти В Области Налоговых Льгот. Фискальные Последствия [The differentiation of the authority in tax incentives among the federal," MPRA Paper 75805, University Library of Munich, Germany.
    6. Sebastian Eichfelder & Kerstin Schneider, 2014. "Tax Incentives and Business Investment: Evidence from German Bonus Depreciation," CESifo Working Paper Series 4805, CESifo.
    7. Raffaello Bronzini & Guido de Blasio & Guido Pellegrini & Alessandro Scognamiglio, 2008. "The effect of investment tax credit: Evidence from an atypical programme in Italy," Temi di discussione (Economic working papers) 661, Bank of Italy, Economic Research and International Relations Area.
    8. Edge, Rochelle M. & Rudd, Jeremy B., 2011. "General-equilibrium effects of investment tax incentives," Journal of Monetary Economics, Elsevier, vol. 58(6), pages 564-577.
    9. Marjan Petreski, 2022. "State Aid Causing Distinct Incentives? Quasi-Experimental Measurement of the Effects of Grants on Private Enterprises in North Macedonia," Evaluation Review, , vol. 46(2), pages 200-230, April.
    10. Maria Figueroa-Armijos & Thomas G. Johnson, 2016. "Entrepreneurship policy and economic growth: Solution or delusion? Evidence from a state initiative," Small Business Economics, Springer, vol. 47(4), pages 1033-1047, December.
    11. Rochelle M. Edge & Jeremy B. Rudd, 2010. "General-equilibrium effects of investment tax incentives," Finance and Economics Discussion Series 2010-17, Board of Governors of the Federal Reserve System (U.S.).

  125. Martin Feldstein & Lawrence H. Summers, 1979. "Inflation, Tax Rules, and the Long Term Interest Rates," NBER Working Papers 0232, National Bureau of Economic Research, Inc.

    Cited by:

    1. Martin Feldstein, 1979. "Adjusting Depreciation in an Inflationary Economy: Indexing versus Acceleration," NBER Working Papers 0395, National Bureau of Economic Research, Inc.
    2. Patric H. Hendershott & Joe Peek, 1991. "Treasury bill rates in the 1970s and 1980s," Working Papers 91-6, Federal Reserve Bank of Boston.
    3. James M. Poterba, 1980. "Inflation, Income Taxes, and Owner-Occupied Housing," NBER Working Papers 0553, National Bureau of Economic Research, Inc.
    4. Nowotny, Ewald, 1980. "Inflation and Taxation: Reviewing the Macroeconomic Issues," Journal of Economic Literature, American Economic Association, vol. 18(3), pages 1025-1049, September.
    5. Patric H. Hendershott, 1985. "Tax reform and financial markets," Conference Series ; [Proceedings], Federal Reserve Bank of Boston, vol. 29, pages 153-186.
    6. Finocchiaro, Daria & Lombardo, Giovanni & Mendicino, Caterina & Weil, Philippe, 2018. "Optimal inflation with corporate taxation and financial constraints," Journal of Monetary Economics, Elsevier, vol. 95(C), pages 18-31.
    7. Hussain Mohammed A. Al Obaid, 2020. "Factors Determining Housing Demand in Saudi Arabia," International Journal of Economics and Financial Issues, Econjournals, vol. 10(5), pages 150-157.
    8. Fernando Ruiz, 2006. "Convergence de l'impôt sur les sociétés dans lUnion européenne," Économie et Prévision, Programme National Persée, vol. 173(2), pages 79-96.
    9. Don Fullerton & Lawrence A. Hamdan, 1983. "The Aborted Phase-in of Marginal Effective Corporate Tax Rates," Public Finance Review, , vol. 11(4), pages 437-464, October.
    10. Patric H. Hendershott & Sheng Cheng Hu, 1981. "The Allocation of Capital Between Residential and Nonresidential Uses: Taxes, Inflation and Capital Market Constraints," NBER Working Papers 0718, National Bureau of Economic Research, Inc.
    11. Thomas Downs & Patric H. Hendershott, 1986. "Tax Policy and Stock Prices," NBER Working Papers 2094, National Bureau of Economic Research, Inc.
    12. Roger H. Gordon & Burton G. Malkiel, 1980. "Taxation and Corporation Finance," NBER Working Papers 0576, National Bureau of Economic Research, Inc.
    13. Martin Feldstein & Lawrence Summers, 1983. "Inflation and the Taxation of Capital Income in the Corporate Sector," NBER Chapters, in: Inflation, Tax Rules, and Capital Formation, pages 116-152, National Bureau of Economic Research, Inc.
    14. Lawrence H. Summers, 1981. "Inflation and the Valuation of Corporate Equities," NBER Working Papers 0824, National Bureau of Economic Research, Inc.
    15. Martin Feldstein, 1982. "Inflation, Capital Taxation, and Monetary Policy," NBER Chapters, in: Inflation: Causes and Effects, pages 153-168, National Bureau of Economic Research, Inc.
    16. Martin D. Evans & Karen K. Lewis, 1992. "Do Expected Shifts in Inflation Policy Affect Real Rates?," Working Papers 92-22, New York University, Leonard N. Stern School of Business, Department of Economics.
    17. Lawrence H. Summers, 1984. "Estimating the Long-Run Relationship Between Interest Rates and Inflation: A Response to McCallum," NBER Working Papers 1448, National Bureau of Economic Research, Inc.
    18. David F. Bradford & Don Fullerton, 1981. "Pitfalls in the Construction and Use of Effective Tax Rates," NBER Working Papers 0688, National Bureau of Economic Research, Inc.
    19. Lawrence H. Summers, 1982. "The Nonadjustment of Nominal Interest Rates: A Study of the Fisher Effect," NBER Working Papers 0836, National Bureau of Economic Research, Inc.
    20. Martin Feldstein & Joosung Jun, 1986. "The Effects of Tax Rules on Nonresidential Fixed Investment: Some Preliminary Evidence from the 1980s," NBER Working Papers 1857, National Bureau of Economic Research, Inc.
    21. Charles Yuji Horioka, 2014. "The Life and Work of Martin Stuart ("Marty") Feldstein," ISER Discussion Paper 0905r, Institute of Social and Economic Research, The University of Osaka, revised Mar 2015.
    22. Miyagawa, Shigeyoshi & Morita, Yoji, 2002. "The Fisher Effect and The Long–Run Phillips Curve --in the case of Japan, Sweden and Italy --," Working Papers in Economics 77, University of Gothenburg, Department of Economics, revised 27 Mar 2003.
    23. Hendershott, Patric H, 1984. "Expectations, Surprises and Treasury Bill Rates: 1960-82," Journal of Finance, American Finance Association, vol. 39(3), pages 685-696, July.
    24. Hernán D. Seoane, 2020. "The Real Interest Rates Across Monetary Policy Regimes," EconPol Policy Reports 22, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
    25. Bergström, Villy & Södersten, Jan, 1979. "Inflation, Taxation and Capital Cost," Working Paper Series 19, Research Institute of Industrial Economics.
    26. Martin S. Feldstein, 1986. "The Budget Deficit and the Dollar," NBER Chapters, in: NBER Macroeconomics Annual 1986, Volume 1, pages 355-409, National Bureau of Economic Research, Inc.
    27. Casey B. Mulligan, 2002. "Capital Tax Incidence: First Impressions from the Time Series," NBER Working Papers 9374, National Bureau of Economic Research, Inc.
    28. Martin Feldstein, 1986. "Budget Deficits, Tax Rules, and real Interest Rates," NBER Working Papers 1970, National Bureau of Economic Research, Inc.
    29. Harvey S. Rosen & Kenneth T. Rosen & Douglas Holtz-Eakin, 1983. "Housing Tenure, Uncertainty, and Taxation," NBER Working Papers 1168, National Bureau of Economic Research, Inc.
    30. Dailami, Mansoor & Hinh T. Dinh, 1991. "Interest rate policy in Egypt : its role in stabilization and adjustment," Policy Research Working Paper Series 655, The World Bank.
    31. Maxim Moroz, 2016. "Economical Type of Depreciation," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 3, pages 3-32.
    32. Don Fullerton & Yolanda K. Henderson, 1981. "Long-Run Effects of the Accelerated Cost Recovery System," NBER Working Papers 0828, National Bureau of Economic Research, Inc.
    33. Mervyn A. King & Don Fullerton, 1983. "The Taxation of Income from Capital: A Comparative Study of the U.S., U.K., Sweden and West Germany--Comparisons of Effective Tax Rates--," NBER Working Papers 1073, National Bureau of Economic Research, Inc.
    34. A. Steven Holland, 1984. "Real interest rates: what accounts for their recent rise?," Review, Federal Reserve Bank of St. Louis, vol. 66(Dec), pages 18-29.
    35. Maxim Moroz, 2016. "Depreciation Takes into Account the Difference between the Production Function and Value of Fixed Assets," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 1, pages 24-74.
    36. Stanley Fischer, 1979. "On Activist Monetary Policy With Rational Expectations," NBER Working Papers 0341, National Bureau of Economic Research, Inc.

  126. Kim B. Clark & Lawrence H. Summers, 1978. "The Dynamics of Youth Unemployment," NBER Working Papers 0274, National Bureau of Economic Research, Inc.

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    1. Amy Y. Guisinger & Ruben Hernandez-Murillo & Michael T. Owyang & Tara M. Sinclair, 2015. "A State-Level Analysis of Okun's Law," Working Papers 2015-29, Federal Reserve Bank of St. Louis.
    2. Robert Cherry, 2004. "Nickel and dimed and Saving bernice: Contrasting perspectives on welfare reform," The Review of Black Political Economy, Springer;National Economic Association, vol. 31(3), pages 117-128, March.
    3. Carlos Henrique Corseuil & Miguel Foguel & Gustavo Gonzaga, 2016. "Apprenticeship as a stepping stone to beter jobs: Evidence from brazilian matched employer-employee data," Textos para discussão 651, Department of Economics PUC-Rio (Brazil).
    4. Harry J. Holzer & Robert J. LaLonde, 1999. "Job Change and Job Stability Among Less-Skilled Young Workers," Working Papers 9928, Harris School of Public Policy Studies, University of Chicago.
    5. Pastore, Francesco & Quintano, Claudio & Rocca, Antonella, 2021. "Some young people have all the luck! The duration dependence of the school-to-work transition in Europe," Labour Economics, Elsevier, vol. 70(C).
    6. Christopher J. Flinn & James J. Heckman, 1982. "Are Unemployment and Out of the Labor Force Behaviorally Distinct Labor Force States?," NBER Working Papers 0979, National Bureau of Economic Research, Inc.
    7. Mijares, John C., 1997. "Early drug use and quits and discharges among adolescent males," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 26(4), pages 439-458.
    8. Scott Baum & William Mitchell, 2010. "Labour Underutilisation and Gender: Unemployment Versus Hidden-Unemployment," Population Research and Policy Review, Springer;Southern Demographic Association (SDA), vol. 29(2), pages 233-248, April.
    9. Alba, Alfonso, 1997. "Re-employment probabilities of young workers in Spain," UC3M Working papers. Economics 6073, Universidad Carlos III de Madrid. Departamento de Economía.
    10. Dennis Tamesberger & Johann Bacher, 2020. "COVID-19 Crisis: How to Avoid a ‘Lost Generation’," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 55(4), pages 232-238, July.
    11. Pastore, Francesco, 2017. "Why so slow? The School-to-Work Transition in Italy," GLO Discussion Paper Series 65, Global Labor Organization (GLO).
    12. Akram Sh. Alawad & Fuad Kreishan & Mohammad Selim, 2020. "Determinants of Youth Unemployment: Evidence from Jordan," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(4), pages 152-165.
    13. David Neumark & William Wascher, 1995. "The Effects of Minimum Wages on Teenage Employment and Enrollment: Evidence from Matched CPS Surveys," NBER Working Papers 5092, National Bureau of Economic Research, Inc.
    14. Christopher J. Ruhm, 1996. "Are Recessions Good For Your Health?," NBER Working Papers 5570, National Bureau of Economic Research, Inc.
    15. Gerdtham, Ulf-G. & Ruhm, Christopher J., 2006. "Deaths rise in good economic times: Evidence from the OECD," Economics & Human Biology, Elsevier, vol. 4(3), pages 298-316, December.
    16. Aysit Tansel & H. Mehmet Tasci, 2009. "Hazard Analysis of Unemployment Duration by Gender in a Developing Country: The Case of Turkey," ERC Working Papers 0903, ERC - Economic Research Center, Middle East Technical University, revised Oct 2009.
    17. Andreea MORARU & Ionel MUNTELE, 2015. "EMIGRATION AND UNEMPLOYMENT IN BACĂU COUNTY, ROMANIA: TO WHAT EXTENT IS THERE AN INTERACTION BETWEEN THE TWO PHENOMENA? Abstract : This study analyses the population of Bacău County focusing on two ," EcoForum, "Stefan cel Mare" University of Suceava, Romania, Faculty of Economics and Public Administration - Economy, Business Administration and Tourism Department., vol. 4(2), pages 1-28, july.
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  127. Kim B. Clark & Lawrence H. Summers, 1978. "Labor Force Transitions and Unemployment," NBER Working Papers 0277, National Bureau of Economic Research, Inc.

    Cited by:

    1. P. N. Junankar, 1979. "An Econometric Analysis of Unemployment in Great Britain, 1952-75," Working Paper 345, Economics Department, Queen's University.
    2. Björklund, Anders & Holmlund, Bertil, 1986. "The Economics of Unemployment Insurance: The Case of Sweden," Working Paper Series 167, Research Institute of Industrial Economics.
    3. Mary Jo Bane & David T. Ellwood, 1983. "Slipping into and out of Poverty: The Dynamics of Spells," NBER Working Papers 1199, National Bureau of Economic Research, Inc.
    4. Jitender Singh, 2023. "Unemployment Fluctuations in Urban Labour Market in India," The Indian Journal of Labour Economics, Springer;The Indian Society of Labour Economics (ISLE), vol. 66(1), pages 81-111, March.
    5. Kim B. Clark & Lawrence H. Summers, 1978. "The Dynamics of Youth Unemployment," NBER Working Papers 0274, National Bureau of Economic Research, Inc.

  128. Lawrence H. Summers, 1978. "Tax Policy in a Life Cycle Model," NBER Working Papers 0302, National Bureau of Economic Research, Inc.

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    1. Guvenen, Fatih, 2006. "Reconciling conflicting evidence on the elasticity of intertemporal substitution: A macroeconomic perspective," Journal of Monetary Economics, Elsevier, vol. 53(7), pages 1451-1472, October.
    2. Driffill, E John & Rosen, Harvey S, 1983. "Taxation and Excess Burden: A Life Cycle Perspective," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 24(3), pages 671-683, October.
    3. Martin Feldstein & Lawrence Summers, 1983. "Inflation and the Taxation of Capital Income in the Corporate Sector," NBER Chapters, in: Inflation, Tax Rules, and Capital Formation, pages 116-152, National Bureau of Economic Research, Inc.
    4. Feldstein, Martin, 1980. "Tax Rules and the Mismanagment of Monetary Policy," American Economic Review, American Economic Association, vol. 70(2), pages 182-186, May.
    5. Martin S. Feldstein & Daniel R. Feenberg, 1983. "Alternative Tax Rules and Personal Saving Incentives: Microeconomic Data and Behavioral Simulations," NBER Chapters, in: Behavioral Simulation Methods in Tax Policy Analysis, pages 173-210, National Bureau of Economic Research, Inc.
    6. Fischer Black, 1981. "When Is a Positive Income Tax Optimal?," NBER Working Papers 0631, National Bureau of Economic Research, Inc.
    7. Charles Becker & Don Fullerton, 1980. "Income Tax Incentives to Promote Saving," NBER Working Papers 0487, National Bureau of Economic Research, Inc.

  129. Laurence J. Kotlikoff & Lawrence Summers, 1978. "Long Run Tax Incidence and Variable Labor Supply Revisited," UCLA Economics Working Papers 111, UCLA Department of Economics.

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    1. Laurence J. Kotlikoff, 1979. "Some Economic Implications of Life Span Extension," UCLA Economics Working Papers 155, UCLA Department of Economics.

  130. J. Bradford De Long & Lawrence H. Summers, "undated". "How Does Macroeconomic Policy Matter?," J. Bradford De Long's Working Papers _130, University of California at Berkeley, Economics Department.

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    1. Satyajit Chatterjee & Dean Corbae, 1999. "A welfare comparison of pre- and post-WWII business cycles: some implications for the role of postwar macroeconomic policies," Working Papers 99-2, Federal Reserve Bank of Philadelphia.
    2. Munehisa Kasuya, 2005. "Regime-switching approach to monetary policy effects," Applied Economics, Taylor & Francis Journals, vol. 37(3), pages 307-326.
    3. Christina D. Romer & David H. Romer, 1997. "Institutions for Monetary Stability," NBER Chapters, in: Reducing Inflation: Motivation and Strategy, pages 307-334, National Bureau of Economic Research, Inc.
    4. Chang-Jin Kim & Jeremy Piger, 2000. "Common Stochastic Trends, Common Cycles, and Asymmetry in Economic Fluctuations," Discussion Papers in Economics at the University of Washington 0021, Department of Economics at the University of Washington.
    5. Randall E. Parker & Phillip Rothman & Original: August 2000. This version: June 2003., "undated". "An Examination of the Asymmetric Effects of Money Supply Shocks in the Pre-World War I and Interwar Periods," Working Papers 0011, East Carolina University, Department of Economics.
    6. Hashem Dezhbakhsh & Daniel Levy, 1994. "Periodic properties of interpolated time series," Post-Print hal-02382750, HAL.
    7. Price V. Fishback & William C. Horrace & Shawn Kantor, 2001. "The Impact of New Deal Expenditures on Local Economic Activity: An Examination of Retail Sales, 1929-1939," NBER Working Papers 8108, National Bureau of Economic Research, Inc.
    8. Luis Eduardo Arango & Luis Fernando Melo, 2001. "Expansions and Contractions in Some Latin American Countries: A View Throught Non- Linear Models," Borradores de Economia 2691, Banco de la Republica.
    9. Silvia Fabiani & Martine Druant & Ignacio Hernando & Claudia Kwapil & Bettina Landau & Claire Loupias & Fernando Martins & Thomas Mathä & Roberto Sabbatini & Harald Stahl & Ad Stokman, 2006. "What Firms' Surveys Tell Us about Price-Setting Behavior in the Euro Area," International Journal of Central Banking, International Journal of Central Banking, vol. 2(3), September.
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    13. Troy Davig & Eric M. Leeper, 2006. "Endogenous Monetary Policy Regime Change," CAEPR Working Papers 2006-002, Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington.
    14. Chatterjee, Satyajit & Corbae, Dean, 2007. "On the aggregate welfare cost of Great Depression unemployment," Journal of Monetary Economics, Elsevier, vol. 54(6), pages 1529-1544, September.
    15. Andrew Atkeson & Christopher Phelan, 1994. "Reconsidering the Costs of Business Cycles with Incomplete Markets," NBER Chapters, in: NBER Macroeconomics Annual 1994, Volume 9, pages 187-218, National Bureau of Economic Research, Inc.
    16. Satyajit Chatterjee & Dean Corbae, 2003. "On the welfare gains of eliminating a small likelihood of economic crises: A case for stabilization policies?," Working Papers 03-20, Federal Reserve Bank of Philadelphia.
    17. S. Fabiani & M. Druant & I. Hernando & C. Kwapil & B. Landau & C. Loupias & F. Martins & T. Mathä & R. Sabbatini & H. Stahl & A. Stokman, 2005. "The pricing behaviour of firms in the euro area : new survey evidence," Working Paper Research 76, National Bank of Belgium.
    18. Anna Florio, 2005. "Asymmetric monetary policy: empirical evidence for Italy," Applied Economics, Taylor & Francis Journals, vol. 37(7), pages 751-764.
    19. George Athanasopoulos & Heather M. Anderson & Farshid Vahid, 2007. "Nonlinear autoregressive leading indicator models of output in G-7 countries," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 22(1), pages 63-87.
    20. Chol-Won Li, 1998. "Growth and Output Fluctuations," Working Papers 9810, Business School - Economics, University of Glasgow.
    21. Tiff Macklem & Alain Paquet & Louis Phaneuf, 1996. "Asymmetric Effects of Monetary Policy: Evidence from the Yield Curve," Cahiers de recherche CREFE / CREFE Working Papers 42, CREFE, Université du Québec à Montréal.
    22. Ball, Laurence & Mankiw, N Gregory, 1994. "Asymmetric Price Adjustment and Economic Fluctuations," Economic Journal, Royal Economic Society, vol. 104(423), pages 247-261, March.
    23. Simon Hall & Mark Walsh & Anthony Yates, 1997. "How do UK companies set prices?," Bank of England working papers 67, Bank of England.
    24. Gadi Barlevy, 2004. "The Cost of Business Cycles and the Benefits of Stabilization: A Survey," NBER Working Papers 10926, National Bureau of Economic Research, Inc.
    25. Simon Hall & Anthony Yates, 1998. "Are there downward nominal rigidities in product markets?," Bank of England working papers 80, Bank of England.
    26. N. Gregory Mankiw & Jeffrey A. Miron, 1990. "Should The Fed Smooth Interest Rates? The Case of Seasonal Monetary Policy," NBER Working Papers 3388, National Bureau of Economic Research, Inc.
    27. Darrel Cohen, 2000. "A quantitative defense of stabilization policy," Finance and Economics Discussion Series 2000-34, Board of Governors of the Federal Reserve System (U.S.).
    28. Joseph Dziwura & Irene Pedraza & Eli M. Remolona, 1995. "The short end of the forward convergence curve and asymmetric cat's tail convergence," Research Paper 9523, Federal Reserve Bank of New York.
    29. Evan F. Koenig, 1996. "Capacity utilization as a real-time predictor of manufacturing output," Economic and Financial Policy Review, Federal Reserve Bank of Dallas, issue Q III, pages 16-23.
    30. Phil Bodman, "undated". "Are the Effects of Monetary Policy Asymmetric in Australia?," MRG Discussion Paper Series 0406, School of Economics, University of Queensland, Australia.
    31. Saki Bigio & Jorge Salas, 2006. "Non-Linear Effects of Monetary Policy and Real Exchange Rate Shocks in Partially Dollarized Economies: An Empirical Study for Peru," Working Papers 2006-008, Banco Central de Reserva del Perú.
    32. Gadi Barlevy, 2005. "The cost of business cycles and the benefits of stabilization," Economic Perspectives, Federal Reserve Bank of Chicago, vol. 29(Q I), pages 32-49.
    33. Mark W. French, 2001. "Estimating changes in trend growth of total factor productivity: Kalman and H-P filters versus a Markov-switching framework," Finance and Economics Discussion Series 2001-44, Board of Governors of the Federal Reserve System (U.S.).

  131. Andrew Abel & Gregory N. Mankiw & Lawrence H. Summers & Richard Zeckhauser, "undated". "Assessing Dynamic Efficiency: Theory and Evidence," Rodney L. White Center for Financial Research Working Papers 14-88, Wharton School Rodney L. White Center for Financial Research.

    Cited by:

    1. Gauti B. Eggertsson & Neil R. Mehrotra, 2014. "A Model of Secular Stagnation," NBER Working Papers 20574, National Bureau of Economic Research, Inc.
    2. Kaiji Chen & Yi Wen, 2014. "The great housing boom of China," Working Papers 2014-22, Federal Reserve Bank of St. Louis.
    3. Daisuke Ikeda & Toan Phan & Timothy Sablik, 2020. "Asset Bubbles and Global Imbalances," Richmond Fed Economic Brief, Federal Reserve Bank of Richmond, vol. 20, pages 1-4, January.
    4. Ventura, Jaume, 2012. "Bubbles and capital flows," Journal of Economic Theory, Elsevier, vol. 147(2), pages 738-758.
    5. Karlis Smits & Chorching Goh & Luan Zhao & Ekaterine Vashakmadze & Justin Hill & Smita Kuriakose & Samuel Freije-Rodriguez, 2015. "China Economic Update, June 2015," World Bank Publications - Reports 22122, The World Bank Group.
    6. Pierre Aldama & Jérôme Creel, 2019. "Fiscal policy in the US: Sustainable after all?," Post-Print hal-03384685, HAL.
    7. Narayana R. Kocherlakota, 2005. "Monetary and Fiscal Policy: An Overview," Levine's Bibliography 122247000000000909, UCLA Department of Economics.
    8. Vratislav Izák, 2008. "Udržitelnost veřejných financí a dynamická efektivnost [Public finance sustainability and dynamic efficiency]," Politická ekonomie, Prague University of Economics and Business, vol. 2008(2), pages 162-181.
    9. Hans-Joachim Voth & Jaume Ventura, 2015. "Debt into Growth: How Sovereign Debt Accelerated the First Industrial Revolution," Working Papers 830, Barcelona School of Economics.
    10. Barbie, Martin & Hagedorn, Marcus & Kaul, Ashok, 2000. "Dynamic Efficiency and Pareto Optimality in a Stochastic OLG Model with Production and Social Security," Bonn Econ Discussion Papers 8/2000, University of Bonn, Bonn Graduate School of Economics (BGSE).
    11. Xavier Raurich & Thomas Seegmuller, 2017. "Income Distribution by Age Group and Productive Bubbles," Working Papers halshs-01629219, HAL.
    12. Miyazaki, Koichi, 2014. "Optimal pay-as-you-go social security when retirement is endogenous and labor productivity depreciates," MPRA Paper 61166, University Library of Munich, Germany.
    13. Aart Kraay & Jaume Ventura, 2015. "The Dot-Com Bubble, the Busch Deficits and the US Current Account," Working Papers 216, Barcelona School of Economics.
    14. Pica Giovanni, 2010. "Capital Markets Integration and Labor Market Institutions," The B.E. Journal of Macroeconomics, De Gruyter, vol. 10(1), pages 1-57, March.
    15. Gelain, Paolo & Guerrazzi, Marco, 2014. "A demand-driven search model with self-fulfilling expectations: The new `Farmerian' framework under scrutiny," MPRA Paper 55773, University Library of Munich, Germany.
    16. Ventura, Jaume, 2002. "Bubbles and Capital Flows," CEPR Discussion Papers 3657, C.E.P.R. Discussion Papers.
    17. Kunieda, Takuma, 2008. "Asset bubbles and borrowing constraints," Journal of Mathematical Economics, Elsevier, vol. 44(2), pages 112-131, January.
    18. Egil Matsen & Øystein Thøgersen, 2000. "Designing Social Security – A Portfolio Choice Approach," Working Paper Series 1102, Department of Economics, Norwegian University of Science and Technology.
    19. Olivier J. Blanchard & Philippe Weil, 2001. "Dynamic Efficiency, the Riskless Rate, and Debt Ponzi Games under Uncertainty," Post-Print hal-01030812, HAL.
    20. John Geanakoplos & Olivia S. Mitchell & Stephen P. Zeldes, "undated". "Social Security Money's Worth," Pension Research Council Working Papers 98-9, Wharton School Pension Research Council, University of Pennsylvania.
    21. Michael J. Boskin, 2020. "Are Large Deficits and Debt Dangerous?," AEA Papers and Proceedings, American Economic Association, vol. 110, pages 145-148, May.
    22. Santos, Manuel S. & Woodford, Michael, 1995. "Rational asset pricing bubbles," UC3M Working papers. Economics 3913, Universidad Carlos III de Madrid. Departamento de Economía.
    23. LG Deidda & F. Cerina, 2002. "Do we need more time for leisure?," Working Paper CRENoS 200203, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
    24. Werding, Martin & Primorac, Marko, 2018. "Old-age provision in transition: the case of Croatia," Journal of Pension Economics and Finance, Cambridge University Press, vol. 17(4), pages 576-593, October.
    25. Øystein Thøgersen & Kine Bøhlerengen, 2010. "Alternative Risk-Sharing Mechanisms of Social Security," FinanzArchiv: Public Finance Analysis, Mohr Siebeck, Tübingen, vol. 66(2), pages 134-152, June.
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    319. Douglas H. Joines, 1991. "How Large A Federal Budget Deficit Can We Sustain?," Contemporary Economic Policy, Western Economic Association International, vol. 9(3), pages 1-11, July.
    320. Espen Henriksen & Steve Spear, 2006. "Dynamic Suboptimality of Competitive Equilibrium in Multiperiod Overlapping Generations Economies," Computing in Economics and Finance 2006 223, Society for Computational Economics.
    321. Gadi Barlevy, 2007. "Economic theory and asset bubbles," Economic Perspectives, Federal Reserve Bank of Chicago, vol. 31(Q III), pages 44-59.
    322. Nicola Sartor & Laurence J. Kotlikoff & Willi Leibfritz, 1999. "Generational Accounts for Italy," NBER Chapters, in: Generational Accounting around the World, pages 299-324, National Bureau of Economic Research, Inc.
    323. Daisuke Ikeda & Toan Phan, 2013. "Asset Bubbles & Global Imbalances," Working Papers 2013-41, Department of Research, Ipag Business School.
    324. Bullard, James & Russell, Steven, 1999. "An empirically plausible model of low real interest rates and unbacked government debt," Journal of Monetary Economics, Elsevier, vol. 44(3), pages 477-508, December.
    325. Masaya Sakuragawa, 2013. "Bubble cycle," Working Papers e055, Tokyo Center for Economic Research.
    326. Fernando Broner & Jaume Ventura, 2016. "Rethinking the Effects of Financial Globalization," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 131(3), pages 1497-1542.
    327. Yakita, Akira, 2014. "Involuntary unemployment and sustainability of bond-financed fiscal deficit," Journal of Macroeconomics, Elsevier, vol. 41(C), pages 79-93.
    328. Dedák, István, 1998. "Államadósság és gazdasági növekedés [State debt and economic growth]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(11), pages 989-1003.
    329. Lopez-Velasco, Armando R., 2024. "Markov equilibrium of social security: An analytic solution under CRRA utility and the future of social security," Economic Modelling, Elsevier, vol. 132(C).
    330. Sweder van Wijnbergen & Stan Olijslagers & Nander de Vette, 2020. "Debt sustainability when r - g smaller than 0: no free lunch after all," Tinbergen Institute Discussion Papers 20-079/VI, Tinbergen Institute.
    331. Stefan Collignon, 2010. "Fiscal Policy Rules and the Sustainability of Public Debt in Europe," RECON Online Working Papers Series 28, RECON.
    332. 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.

  132. J. Bradford De Long & Lawrence H. Summers, "undated". "Macroeconomic Policy and Long-Run Growth," J. Bradford De Long's Working Papers _113, University of California at Berkeley, Economics Department.

    Cited by:

    1. Daniel L. Thornton, 1996. "The costs and benefits of price stability: an assessment of Howitt's rule," Review, Federal Reserve Bank of St. Louis, vol. 78(Mar), pages 23-38.
    2. Alex Cukierman, 1998. "The Economics of Central Banking," International Economic Association Series, in: Holger C. Wolf (ed.), Contemporary Economic Issues, chapter 3, pages 37-82, Palgrave Macmillan.
    3. World Bank, 2007. "Uganda - Moving Beyond Recovery : Investment and Behavior Change, For Growth, Volume 1. Summary and Recommendations," World Bank Publications - Reports 7576, The World Bank Group.
    4. Gapinski, James H., 1996. "Heterogeneous capital, economic growth, and economic development," Journal of Macroeconomics, Elsevier, vol. 18(4), pages 561-585.
    5. World Bank, 2007. "Uganda - Moving Beyond Recovery, Investment and Behavior Change, For Growth, Volume 2, Overview," World Bank Publications - Reports 7574, The World Bank Group.
    6. Athina Zervoyianni & Athanasios Anastasiou & Andreas Anastasiou, 2013. "Does Central Bank Independence Really Matter? Re-Assessing the Role of the Independence of Monetary Policymakers in Macroeconomic Outcomes," Working Paper series 03_13, Rimini Centre for Economic Analysis.
    7. Ben-David, Dan & Loewy, Michael B, 1998. "Free Trade, Growth, and Convergence," Journal of Economic Growth, Springer, vol. 3(2), pages 143-170, June.
    8. Dan Ben-David & David H. Papell, 1998. "Slowdowns And Meltdowns: Postwar Growth Evidence From 74 Countries," The Review of Economics and Statistics, MIT Press, vol. 80(4), pages 561-571, November.
    9. Andres, Javier & Domenech, Rafael & Molinas, Cesar, 1996. "Macroeconomic performance and convergence in OECD countries," European Economic Review, Elsevier, vol. 40(9), pages 1683-1704, December.
    10. Shah, Said Zamin & Baharumshah, Ahmad Zubaidi & Hook, Law Siong & Habibullah, Muzafar Shah, 2017. "Nominal uncertainty, real uncertainty and macroeconomic performance in a time-varying asymmetric framework: Implications for monetary policy," Research in International Business and Finance, Elsevier, vol. 42(C), pages 75-93.
    11. V A Muscatelli., 1995. "Flexibility, Structural Change and the Global Economy," Working Papers 9601, Business School - Economics, University of Glasgow, revised Jan 1996.
    12. Eijffinger, S.C.W. & Schaling, E. & Hoeberichts, M.M., 1997. "Central bank independence : A sensitivity analysis," Other publications TiSEM 59020a3a-1cb8-4e8f-a2b8-5, Tilburg University, School of Economics and Management.
    13. Robert S. Chirinko, 2000. "Investment Tax Credits," CESifo Working Paper Series 243, CESifo.
    14. Samantha Johnson, 1993. "The costs of inflation revisited," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 56, March.
    15. Chiquiar Daniel & Ibarra-Ramírez Raúl, 2019. "Central Bank Independence and Inflation: An Empirical Analysis," Working Papers 2019-18, Banco de México.
    16. Dieter Proske, 1995. "Zentralbankunabhängigkeit -Diskussion auf falschen Wegen," Wirtschaft und Gesellschaft - WuG, Kammer für Arbeiter und Angestellte für Wien, Abteilung Wirtschaftswissenschaft und Statistik, vol. 21(4), pages 533-554.
    17. J. Bradford DeLong, 1999. "Should We Fear Deflation?," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 30(1), pages 225-252.
    18. Jose Manuel Gonzalez-Paramo, 1995. "Infraestructuras, productividad y bienestar," Investigaciones Economicas, Fundación SEPI, vol. 19(1), pages 155-168, January.
    19. Khanna, Rupika & Sharma, Chandan, 2021. "Do technological investments promote manufacturing productivity? A firm-level analysis for India," Economic Modelling, Elsevier, vol. 105(C).
    20. David C. Wheelock, 1999. "National monetary policy by regional design: the evolving role of the Federal Reserve banks in Federal Reserve System policy," Working Papers 1998-010, Federal Reserve Bank of St. Louis.

  133. J. Bradford De Long & Lawrence H. Summers, "undated". "How Strongly Do Developing Countries Benefit from Equipment Investment?," J. Bradford De Long's Working Papers _108, University of California at Berkeley, Economics Department.

    Cited by:

    1. Lars-Hendrik Röller & Leonard Waverman, 1996. "Telecommunications Infrastructure and Economic Development: A Simultaneous Approach," CIG Working Papers FS IV 96-16, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG).
    2. Catherine Dehon & Marjorie Gassner & Vincenzo Verardi, 2005. "Robustness or Efficiency, A Test to Solve the Dilemma," Econometrics 0508011, University Library of Munich, Germany.

Articles

  1. Gauti B Eggertsson & Ragnar E Juelsrud & Lawrence H Summers & Ella Getz, 2024. "Negative Nominal Interest Rates and the Bank Lending Channel," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 91(4), pages 2201-2275.
    See citations under working paper version above.
  2. Marijn A Bolhuis & Judd N L Cramer & Lawrence H Summers, 2022. "The Coming Rise in Residential Inflation [The repeat rent index]," Review of Finance, European Finance Association, vol. 26(5), pages 1051-1072.
    See citations under working paper version above.
  3. Natasha Sarin & Lawrence Summers & Owen Zidar & Eric Zwick, 2022. "Rethinking How We Score Capital Gains Tax Reform," Tax Policy and the Economy, University of Chicago Press, vol. 36(1), pages 1-33.
    See citations under working paper version above.
  4. Marijn A Bolhuis & Judd N L Cramer & Lawrence H Summers, 2022. "Comparing Past and Present Inflation [Supply and demand in disaggregated Keynesian economies with an application to the covid-19 crisis]," Review of Finance, European Finance Association, vol. 26(5), pages 1073-1100.
    See citations under working paper version above.
  5. Domash, Alex & Summers, Lawrence H., 2022. "A labor market view on the risks of a U.S. hard landing," Journal of Policy Modeling, Elsevier, vol. 44(4), pages 758-767.
    See citations under working paper version above.
  6. Jacob Greenspon & Anna Stansbury & Lawrence H. Summers, 2021. "Productivity and Pay in the United States and Canada," International Productivity Monitor, Centre for the Study of Living Standards, vol. 41, pages 3-30, Fall.

    Cited by:

    1. Ngai, L. Rachel & Sevinc, Orhun, 2025. "A multisector perspective on wage stagnation," LSE Research Online Documents on Economics 126579, London School of Economics and Political Science, LSE Library.
    2. James (Jim) C. MacGee & Joel Rodrigue, 2024. "The Distributional Origins of the Canada-US GDP and Labour Productivity Gaps," Staff Working Papers 24-49, Bank of Canada.
    3. Leonardo Ciambezi & Mattia Guerini & Mauro Napoletano & Andrea Roventini, 2025. "Accounting for the Multiple Sources of Inflation: an Agent-Based Model Investigation," SciencePo Working papers Main hal-04978428, HAL.
    4. Walter Paternesi Meloni & Antonella Stirati, 2023. "The decoupling between labour compensation and productivity in high‐income countries: Why is the nexus broken?," British Journal of Industrial Relations, London School of Economics, vol. 61(2), pages 425-463, June.
    5. Leonardo Ciambezi & Mattia Guerini & Mauro Napoletano & Andrea Roventini, 2025. "Accounting for the Multiple Sources of Inflation: an Agent-Based Model Investigation," Working Papers 2025.10, Fondazione Eni Enrico Mattei.
    6. Andrew Sharpe & James Ashwell, 2021. "The Evolution of the Productivity-Median Wage Gap in Canada, 1976-2019," International Productivity Monitor, Centre for the Study of Living Standards, vol. 41, pages 98-117, Fall.

  7. Olivier J. Blanchard & Lawrence H. Summers, 2020. "Automatic Stabilizers in a Low-Rate Environment," AEA Papers and Proceedings, American Economic Association, vol. 110, pages 125-130, May.
    See citations under working paper version above.
  8. Anna Stansbury & Lawrence H. Summers, 2020. "The Declining Worker Power Hypothesis: An Explanation for the Recent Evolution of the American Economy," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 51(1 (Spring), pages 1-96.
    See citations under working paper version above.
  9. Lukasz Rachel & Lawrence H. Summers, 2019. "On Secular Stagnation in the Industrialized World," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 50(1 (Spring), pages 1-76.
    See citations under working paper version above.
  10. Gauti B. Eggertsson & Manuel Lancastre & Lawrence H. Summers, 2019. "Aging, Output Per Capita, and Secular Stagnation," American Economic Review: Insights, American Economic Association, vol. 1(3), pages 325-342, December.
    See citations under working paper version above.
  11. Fatás, Antonio & Summers, Lawrence H., 2018. "The permanent effects of fiscal consolidations," Journal of International Economics, Elsevier, vol. 112(C), pages 238-250.
    See citations under working paper version above.
  12. Summers, Lawrence, 2018. "TrumpEconomics: A first year evaluation," Journal of Policy Modeling, Elsevier, vol. 40(3), pages 529-545.

    Cited by:

    1. Gouranga Gopal Das & Sugata Marjit, 2018. "Skill, innovation and wage inequality: Can immigrants be the trump card?," Discussion Papers 2018-09, University of Nottingham, GEP.
    2. Das, Gouranga Gopal & Marjit, Sugata & Kar, Mausumi, 2020. "The Impact of Immigration on Skills, Innovation and Wages: Education Matters more than where People Come from," Journal of Policy Modeling, Elsevier, vol. 42(3), pages 557-582.
    3. Farvaque, Etienne & Foucault, Martial & Vigeant, Stéphane, 2020. "The politician and the vote factory: Candidates’ resource management skills and electoral returns," Journal of Policy Modeling, Elsevier, vol. 42(1), pages 38-55.

  13. Lawrence H. Summers, 2018. "Secular Stagnation and Macroeconomic Policy," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 66(2), pages 226-250, June.

    Cited by:

    1. Marvin Goodfriend & John McDermott, 2021. "The American System of economic growth," Journal of Economic Growth, Springer, vol. 26(1), pages 31-75, March.
    2. Alessandro Piergallini, 2021. "Fiscal Stimulus of Last Resort," Papers 2104.02753, arXiv.org.
    3. Olivier J. Blanchard & Lawrence H. Summers, 2017. "Rethinking Stabilization Policy: Evolution or Revolution?," NBER Working Papers 24179, National Bureau of Economic Research, Inc.
    4. Giovanna Ciaffi & Matteo Deleidi & Stefano Di Bucchianico, 2022. "Stagnation despite ongoing innovation: Is R&D expenditure composition a missing link? An empirical analysis for the US (1948-2019)," Department of Economics University of Siena 877, Department of Economics, University of Siena.
    5. Stefano Di Bucchianico, 2021. "Negative Interest Rate Policy to Fight Secular Stagnation: Unfeasible, Ineffective, Irrelevant, or Inadequate?," Review of Political Economy, Taylor & Francis Journals, vol. 33(4), pages 687-710, October.
    6. Taner Akan & Aycan Hepsağ & Şeref Bozoklu, 2022. "Explaining U.S. economic growth performance by macroeconomic governance, 1952–2018," Journal of Evolutionary Economics, Springer, vol. 32(5), pages 1437-1465, November.
    7. Pfeiffer, Philipp & Roeger, Werner & Vogel, Lukas, 2021. "Optimal fiscal policy with low interest rates for government debt," Journal of Economic Dynamics and Control, Elsevier, vol. 132(C).
    8. van Riet Ad, 2019. "Monetary Policy and Unnatural Low Interest Rates: Secular Stagnation or Financial Repression?," Review of Economics, De Gruyter, vol. 70(2), pages 99-135, August.
    9. Di Bucchianico, Stefano, 2020. "Discussing Secular Stagnation: A case for freeing good ideas from theoretical constraints?," Structural Change and Economic Dynamics, Elsevier, vol. 55(C), pages 288-297.
    10. Nieto-Carrillo, Ernesto & Carreira, Carlos & Teixeira, Paulino, 2024. "Industrial dynamics in the ICT technological paradigm: The case of Portugal, 1986–2018," Structural Change and Economic Dynamics, Elsevier, vol. 69(C), pages 155-170.

  14. Benjamin Austin & Edward Glaeser & Lawrence Summers, 2018. "Jobs for the Heartland: Place-Based Policies in 21st-Century America," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 49(1 (Spring), pages 151-255.
    See citations under working paper version above.
  15. Natasha Sarin & Lawrence H. Summers, 2016. "Understanding Bank Risk through Market Measures," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 47(2 (Fall)), pages 57-127.

    Cited by:

    1. Nakashima, Kiyotaka & Ogawa, Toshiaki, 2020. "The Impacts of Strengthening Regulatory Surveillance on Bank Behavior: A Dynamic Analysis from Incomplete to Complete Enforcement of Capital Regulation in Microprudential Policy," MPRA Paper 99938, University Library of Munich, Germany.
    2. Simoens, Mathieu & Vennet, Rudi Vander, 2021. "Bank performance in Europe and the US: A divergence in market-to-book ratios," Finance Research Letters, Elsevier, vol. 40(C).
    3. Julian Kozlowski & Laura Veldkamp & Venky Venkateswaran, 2015. "The Tail that Wags the Economy: Beliefs and Persistent Stagnation," NBER Working Papers 21719, National Bureau of Economic Research, Inc.
    4. Inoue, Hitoshi & Nakashima, Kiyotaka & Takahashi, Koji, 2018. "The Emergence of A Parallel World: The Misperception Problem for Bank Balance Sheet Risk and Lending Behavior," MPRA Paper 89088, University Library of Munich, Germany.
    5. Gomes, João F. & Grotteria, Marco & Wachter, Jessica A., 2023. "Foreseen risks," Journal of Economic Theory, Elsevier, vol. 212(C).
    6. Favara, Giovanni & Ivanov, Ivan & Rezende, Marcelo, 2021. "GSIB surcharges and bank lending: Evidence from US corporate loan data," Journal of Financial Economics, Elsevier, vol. 142(3), pages 1426-1443.
    7. Martin Indergand & Eric Jondeau & Andreas Fuster, 2022. "Measuring and stress-testing market-implied bank capital," Working Papers 2022-02, Swiss National Bank.
    8. Anna Kovner & Peter Van Tassel, 2022. "Evaluating Regulatory Reform: Banks' Cost of Capital and Lending," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 54(5), pages 1313-1367, August.
    9. Kenji Suganuma & Yoichi Ueno, 2018. "The Effects of the Bank of Japan's Corporate and Government Bond Purchases on Credit Spreads," IMES Discussion Paper Series 18-E-04, Institute for Monetary and Economic Studies, Bank of Japan.
    10. Whited, Toni M. & Wu, Yufeng & Xiao, Kairong, 2021. "Low interest rates and risk incentives for banks with market power," Journal of Monetary Economics, Elsevier, vol. 121(C), pages 155-174.
    11. Richard B. Berner & Stephen G. Cecchetti & Kermit L. Schoenholtz, 2019. "Stress Testing Networks: The Case of Central Counterparties," NBER Working Papers 25686, National Bureau of Economic Research, Inc.
    12. Aikman, David & Haldane, Andrew & Hinterschweiger, Marc & Kapadia, Sujit, 2018. "Rethinking financial stability," Bank of England working papers 712, Bank of England.
    13. Filippo Curti & W. Scott Frame & Atanas Mihov, 2022. "Are the Largest Banking Organizations Operationally More Risky?," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 54(5), pages 1223-1259, August.
    14. Ogawa, Toshiaki, 2022. "Welfare implications of bank capital requirements under dynamic default decisions," Journal of Economic Dynamics and Control, Elsevier, vol. 138(C).
    15. John Caparusso & Leonardo Ulf Lewrick & Nikola Tarashev, 2023. "Profitability, valuation and resilience of global banks - a tight link," BIS Working Papers 1144, Bank for International Settlements.
    16. Sophia Velez & Michael Neubert & Daphne Halkias, 2020. "Banking Finance Experts Consensus on Compliance in US Bank Holding Companies: An e-Delphi Study," JRFM, MDPI, vol. 13(2), pages 1-14, February.
    17. Rahman, Md Lutfur & Troster, Victor & Uddin, Gazi Salah & Yahya, Muhammad, 2022. "Systemic risk contribution of banks and non-bank financial institutions across frequencies: The Australian experience," International Review of Financial Analysis, Elsevier, vol. 79(C).
    18. Matías Cabrera & Gerald P. Dwyer & María J. Nieto, 2018. "The G-20 regulatory agenda and bank risk," Working Papers 1829, Banco de España.
    19. Richter Toni, 2021. "Bankenwettbewerb und die Stabilität von Finanzsektoren: Nur eine Frage der Messmethode?," Zeitschrift für Wirtschaftspolitik, De Gruyter, vol. 70(1), pages 1-36, May.
    20. Kohlscheen, Emanuel & Takáts, Előd, 2021. "What can commercial property performance reveal about bank valuations?," Journal of International Money and Finance, Elsevier, vol. 113(C).
    21. Kakuho Furukawa & Hibiki Ichiue & Yugo Kimura & Noriyuki Shiraki, "undated". "Too-big-to-fail Reforms and Systemic Risk," Bank of Japan Working Paper Series 21-E-1, Bank of Japan.
    22. Clark, Brian & Jones, Jonathan & Malmquist, David, 2023. "Leverage and the cost of capital for U.S. banks," Journal of Banking & Finance, Elsevier, vol. 155(C).
    23. Killins, Robert N. & Egly, Peter V. & Batabyal, Sourav, 2021. "The impact of the yield curve on bank equity returns: Evidence from Canada," The Quarterly Review of Economics and Finance, Elsevier, vol. 81(C), pages 319-329.
    24. Acharya, Viral V. & Berger, Allen N. & Roman, Raluca A., 2018. "Lending implications of U.S. bank stress tests: Costs or benefits?," Journal of Financial Intermediation, Elsevier, vol. 34(C), pages 58-90.
    25. NAKASHIMA, KIYOTAKA & Ogawa, Toshiaki, 2021. "The Impacts of Strengthening Regulatory Surveillance on Bank Behavior: A Dynamic Analysis from Incomplete to Complete Enforcement of Capital Regulation in Microprudential Policy," MPRA Paper 109147, University Library of Munich, Germany.
    26. Axel Per Hedström & Gazi Salah Uddin & Md Lutfur Rahman & Bo Sjö, 2024. "Systemic risk in the Scandinavian banking sector," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 29(1), pages 581-608, January.
    27. Sophie Béreau & Nicolas Debarsy & Cyrille Dossougoin & Jean-Yves Gnabo, 2022. "Contagion in the Banking Industry: a Robust-to-Endogeneity Analysis," Working Papers halshs-03513049, HAL.
    28. Altavilla, Carlo & Begenau, Juliane & Burlon, Lorenzo & Maruhn, Franziska, 2024. "Determinants of bank performance: evidence from replicating portfolios," Working Paper Series 2937, European Central Bank.
    29. Anani, Makafui & Owusu, Felix, 2023. "Regulatory capital and bank risk-resilience amid the Covid-19 pandemic: How are the Basel reforms faring?," Finance Research Letters, Elsevier, vol. 52(C).
    30. Tweneboah Senzu, Emmanuel, 2019. "Theoretical perspective of dynamic credit risk analysis and lending model; effective to enterprises of fragile economy," MPRA Paper 91789, University Library of Munich, Germany.
    31. Douglas da Rosa München & Herbert Kimura, 2020. "Regulatory Banking Leverage: what do you know?," Working Papers Series 540, Central Bank of Brazil, Research Department.
    32. Toshiaki Ogawa, 2020. "Welfare Implications of Bank Capital Requirements under Dynamic Default Decisions," IMES Discussion Paper Series 20-E-03, Institute for Monetary and Economic Studies, Bank of Japan.
    33. Bellavite Pellegrini, Carlo & Cincinelli, Peter & Meoli, Michele & Urga, Giovanni, 2022. "The role of shadow banking in systemic risk in the European financial system," Journal of Banking & Finance, Elsevier, vol. 138(C).
    34. Cabrera, Matias & Dwyer, Gerald P. & Nieto, Maria J., 2018. "The G-20′s regulatory agenda and banks’ risk," Journal of Financial Stability, Elsevier, vol. 39(C), pages 66-78.

  16. Gauti B. Eggertsson & Neil R. Mehrotra & Sanjay R. Singh & Lawrence H. Summers, 2016. "A Contagious Malady? Open Economy Dimensions of Secular Stagnation," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 64(4), pages 581-634, November.
    See citations under working paper version above.
  17. Gauti B. Eggertsson & Neil R. Mehrotra & Lawrence H. Summers, 2016. "Secular Stagnation in the Open Economy," American Economic Review, American Economic Association, vol. 106(5), pages 503-507, May.
    See citations under working paper version above.
  18. Lawrence H. Summers, 2016. "Comparing Real GDP Across Countries: Comment," Economic Affairs, Wiley Blackwell, vol. 36(2), pages 221-223, June.

    Cited by:

    1. David Henderson, 2016. "Comparisons of Real GDP Over Time and Across Space: Taking the Subject Further," Economic Affairs, Wiley Blackwell, vol. 36(3), pages 373-378, October.

  19. Gavin Yamey & Jesper Sundewall & Helen Saxenian & Robert Hecht & Keely Jordan & Marco Schäferhoff & Christina Schrade & Cécile Deleye & Milan Thomas & Nathan Blanchet & Lawrence Summers & Dean Jamison, 2016. "Reorienting health aid to meet post-2015 global health challenges: a case study of Sweden as a donor," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 32(1), pages 122-146.

    Cited by:

    1. Yamey, Gavin & Summers, Lawrence H & Jamison, Dean T & Brinton, Jessica, 2018. "How to convene an international health or development commission: ten key steps," Scholarly Articles 37067598, Harvard Kennedy School of Government.

  20. Lawrence H. Summers, 2016. "Secular Stagnation and Monetary Policy," Review, Federal Reserve Bank of St. Louis, vol. 98(2).

    Cited by:

    1. Taeyoung Doh, 2017. "Trend and Uncertainty in the Long-Term Real Interest Rate: Bayesian Exponential Tilting with Survey Data," Research Working Paper RWP 17-8, Federal Reserve Bank of Kansas City.
    2. Kurt G. Lunsford & Kenneth D. West, 2018. "Some Evidence on Secular Drivers of U.S. Safe Real Rates," NBER Working Papers 25288, National Bureau of Economic Research, Inc.
    3. Funashima, Yoshito, 2020. "Monetary policy, financial uncertainty, and secular stagnation," The North American Journal of Economics and Finance, Elsevier, vol. 51(C).
    4. Debrun, Xavier & Jonung, Lars, 2018. "Under Threat: Rules-Based Fiscal Policy and How to Preserve It," Working Papers 2018:29, Lund University, Department of Economics.
    5. Dr. Ioannis N. Kallianiotis* & J. Kania, 2019. "Monetary Policy: Is the Dual Mandate of the Fed Maximizing the Social Welfare?," International Journal of Economics and Financial Research, Academic Research Publishing Group, vol. 5(6), pages 112-142, 06-2019.
    6. Ioannis N. Kallianiotis, 2019. "Monetary Policy, Real Cost of Capital, Financial Markets and the Real Economic Growth," Journal of Applied Finance & Banking, SCIENPRESS Ltd, vol. 9(1), pages 1-4.
    7. Yosuke Okazaki & Nao Sudo, 2018. "Natural Rate of Interest in Japan -- Measuring its size and identifying drivers based on a DSGE model --," Bank of Japan Working Paper Series 18-E-6, Bank of Japan.
    8. Bihari, Péter, 2017. "A jegybanki függetlenség és elszámoltathatóság a válság előtt és után [Independence and accountability of central banks before and after the global financial crisis]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(6), pages 573-593.
    9. Mr. Sam Ouliaris & Ms. Celine Rochon, 2018. "The U.S. Personal Saving Rate," IMF Working Papers 2018/128, International Monetary Fund.

  21. Lawrence H. Summers, 2015. "Demand Side Secular Stagnation," American Economic Review, American Economic Association, vol. 105(5), pages 60-65, May.

    Cited by:

    1. Diane Aubert & Mireille Chiroleu-Assouline, 2019. "Environmental Tax Reform and Income Distribution with Imperfect Heterogeneous Labour Markets," Post-Print halshs-02095150, HAL.
    2. Garga, Vaishali & Singh, Sanjay R., 2021. "Output hysteresis and optimal monetary policy," Journal of Monetary Economics, Elsevier, vol. 117(C), pages 871-886.
    3. Lippi, Francesco & Perri, Fabrizio, 2023. "Unequal growth," Journal of Monetary Economics, Elsevier, vol. 133(C), pages 1-18.
    4. Claudia Fontanari, & Antonella Palumbo & Chiara Salvatori, 2019. "Potential Output in Theory and Practice: A Revision and Update of Okun`s Original Method," Working Papers Series 93, Institute for New Economic Thinking.
    5. Olivier J Blanchard, 2019. "Public Debt and Low Interest Rates," Working Paper Series WP19-4, Peterson Institute for International Economics.
    6. Davide Gualerzi, 2020. "Secular Stagnation Revisited," Bulletin of Political Economy, Bulletin of Political Economy, vol. 14(1), pages 55-79, June.
    7. Cordina Rada & Daniele Tavani & Rudiger von Arnim & Luca Zamparelli, 2022. "Classical and Keynesian models of inequality and stagnation," FMM Working Paper 83-2022, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
    8. Heinz Gebhardt & Lars-H. R. Siemers, 2018. "Zur strukturellen Finanzlage der Länder: eine aktuelle Auswertung und Methodenkritik," Volkswirtschaftliche Diskussionsbeiträge 188-18, Universität Siegen, Fakultät Wirtschaftswissenschaften, Wirtschaftsinformatik und Wirtschaftsrecht.
    9. Eckhard Hein & Judith Martschin, 2020. "Demand and growth regimes in finance-dominated capitalism and the role of the macroeconomic policy regime: a post-Keynesian comparative study on France, Germany, Italy and Spain before and after the G," Working Papers PKWP2023, Post Keynesian Economics Society (PKES).
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    2. Eguren-Martin, Fernando & Meldrum, Andrew & Yan, Wen, 2020. "No-arbitrage pricing of GDP-linked bonds," Bank of England working papers 849, Bank of England.
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    6. Richard H. Clarida, 2019. "Monetary Policy, Price Stability, and Equilibrium Bond Yields: Success and Consequences : a speech at the High-Level Conference on Global Risk, Uncertainty, And Volatility, co-sponsored by the Bank fo," Speech 1102, Board of Governors of the Federal Reserve System (U.S.).
    7. Hernán D. Seoane, 2020. "The Real Interest Rates Across Monetary Policy Regimes," EconPol Policy Reports 22, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
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    9. Lawrence H. Summers, 2018. "Secular Stagnation and Macroeconomic Policy," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 66(2), pages 226-250, June.

  23. Lawrence H Summers, 2014. "U.S. Economic Prospects: Secular Stagnation, Hysteresis, and the Zero Lower Bound," Business Economics, Palgrave Macmillan;National Association for Business Economics, vol. 49(2), pages 65-73, April.

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    5. Lancastre, Manuel, 2017. "Redistributive Tax Policy at the Zero Bound," MPRA Paper 98947, University Library of Munich, Germany.
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    Cited by:

    1. Ren, Chongqiang & Zhai, Guofang & Zhou, Shutian & Li, Shasha & Chen, Wei, 2017. "Adaptation assessment and analysis of economic growth since the market reform in China," Economics Discussion Papers 2017-24, Kiel Institute for the World Economy (IfW Kiel).

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    4. Jeffrey Clemens, 2015. "The Minimum Wage and the Great Recession: Evidence from the Current Population Survey," NBER Working Papers 21830, National Bureau of Economic Research, Inc.
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    8. Michel Cyrille Samba & Seabrook Arthur Mveng, 2023. "Substitution Between Private and Government Consumption in a Currency Area: The Case of the CFA Franc Zone," Public Finance Review, , vol. 51(3), pages 432-450, May.
    9. Binh Thai Pham & Hector Sala, 2023. "Fiscal deficits and the socioeconomic consequences of rebalancing: Insights from a TVP‐VAR with stochastic volatility," Australian Economic Papers, Wiley Blackwell, vol. 62(2), pages 214-235, June.
    10. Skott, Peter, 2016. "Aggregate Demand, Functional Finance and Secular Stagnation," UMASS Amherst Economics Working Papers 2016-02, University of Massachusetts Amherst, Department of Economics.
    11. Christian Schoder, 2013. "Effective demand, exogenous normal utilization and endogenous capacity in the long run. Evidence from a CVAR analysis for the US," Working Papers 1306, New School for Social Research, Department of Economics.
    12. Giuseppe Bertola & John Driffill & Harold James & Hans-Werner Sinn & Jan-Egbert Sturm & Ákos Valentinyi, 2014. "Chapter 3: Austerity: Hurting but Helping," EEAG Report on the European Economy, CESifo, vol. 0, pages 75-90, February.
    13. Barry Eichengreen, 2015. "Deflation and Monetary Policy," Working Papers 2015-25, Economic Research Institute, Bank of Korea.
    14. Ivan Mendieta-Muñoz, 2017. "Is Potential Output Growth Falling?," Working Paper Series, Department of Economics, University of Utah 2017_03, University of Utah, Department of Economics.
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    16. Ugo Panizza & Andrew Powell, 2023. "Reducing Public Debt: What Works Best?," IDB Publications (Book Chapters), in: Andrew Powell & Oscar Mauricio Valencia (ed.), Dealing with Debt, edition 1, chapter 9, pages 197-222, Inter-American Development Bank.
    17. Hibiki Ichiue & Shusaku Nishiguchi, 2013. "Inflation Expectations and Consumer Spending at the Zero Bound: Micro Evidence," Bank of Japan Working Paper Series 13-E-11, Bank of Japan.
    18. Christophe Blot & Bruno Ducoudre & Xavier Timbeau, 2016. "Sovereign debt spread and default in a model with self-fulfilling prophecies and asymmetric information," Post-Print hal-03411199, HAL.
    19. Marta Gómez-Puig & Simón Sosvilla-Rivero, 2015. "On the bi-directional causal relationship between public debt and economic growth in EMU countries," Working Papers 15-06, Asociación Española de Economía y Finanzas Internacionales.
    20. Sangyup Choi & Davide Furceri & João Tovar Jalles, 2020. "Heterogenous Gains from Countercyclical Fiscal Policy: New Evidence from International Industry-level Data," Working papers 2020rwp-176, Yonsei University, Yonsei Economics Research Institute.
    21. Eduardo Cavallo & Eduardo Fernández Arias, 2023. "Strong External Balance Sheets for Resilient Economies," IDB Publications (Book Chapters), in: Andrew Powell & Oscar Mauricio Valencia (ed.), Dealing with Debt, edition 1, chapter 2, pages 5-36, Inter-American Development Bank.
    22. Jérôme Creel & Paul Hubert & Francesco Saraceno, 2013. "Assessing future sustainability of french public finances," Working Papers hal-01070452, HAL.
    23. Alessio Terzi, 2019. "The Euro Crisis and Economic Growth: A Novel Counterfactual Approach," CESifo Working Paper Series 7746, CESifo.
    24. Achim Truger, 2015. "Implementing the golden rule for public investment in Europe," Working Paper Reihe der AK Wien - Materialien zu Wirtschaft und Gesellschaft 138, Kammer für Arbeiter und Angestellte für Wien, Abteilung Wirtschaftswissenschaft und Statistik.
    25. Makrelov, Konstantin & Arndt, Channing & Davies, Rob & Harris, Laurence, 2020. "Balance sheet changes and the impact of financial sector risk-taking on fiscal multipliers," Economic Modelling, Elsevier, vol. 87(C), pages 322-343.
    26. Maxime Menuet & Alexandru Minea & Patrick Villieu, 2019. "Endogenous fluctuations and the balanced-budget rule: taxes versus spending-based adjustment," Post-Print halshs-02318369, HAL.
    27. João Ayres & Anna Gelpern & Andrew Powell, 2023. "Sovereign Debt Restructuring: In Need of a New Approach," IDB Publications (Book Chapters), in: Andrew Powell & Oscar Mauricio Valencia (ed.), Dealing with Debt, edition 1, chapter 10, pages 223-254, Inter-American Development Bank.
    28. Beyer, Robert & Milivojevic, Lazar, 2021. "Dynamics and synchronization of global equilibrium interest rates," IMFS Working Paper Series 146, Goethe University Frankfurt, Institute for Monetary and Financial Stability (IMFS).
    29. Vicente Esteve & Cecilio Tamarit, 2018. "Public debt and economic growth in Spain, 1851–2013," Cliometrica, Springer;Cliometric Society (Association Francaise de Cliométrie), vol. 12(2), pages 219-249, May.
    30. Vítor Constâncio, 2020. "The Return of Fiscal Policy and the Euro Area Fiscal Rule," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 62(3), pages 358-372, September.
    31. Lorenzo Carbonari & Alessio Farcomeni & Filippo Maurici & Giovanni Trovato, 2023. "On the output effect of fiscal consolidation plans: a causal analysis," Working Paper series 23-18, Rimini Centre for Economic Analysis.
    32. Simón Sosvilla-Rivero & Marta Gómez-Puig, 2016. "“Debt-growth linkages in EMU across countries and time horizons”," IREA Working Papers 201610, University of Barcelona, Research Institute of Applied Economics, revised Apr 2016.
    33. Eric T. Swanson & John C. Williams, 2012. "Measuring the effect of the zero lower bound on medium- and longer-term interest rates," Working Paper Series 2012-02, Federal Reserve Bank of San Francisco.
    34. İbrahim Özmen & Mihai Mutascu, 2024. "Public Debt and Growth: New Insights," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(2), pages 8706-8736, June.
    35. IWATA, Yasuharu & IIBOSHI, Hirokuni, 2023. "The Nexus between Public Debt and the Government Spending Multiplier: Fiscal Adjustments Matter," MPRA Paper 116355, University Library of Munich, Germany.
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  27. Lawrence Summers & Richard Zeckhauser, 2008. "Policymaking for posterity," Journal of Risk and Uncertainty, Springer, vol. 37(2), pages 115-140, December.
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  28. Summers Lawrence H., 2006. "Comments on Richard Zeckhauser's Investing in the Unknown and Unknowable," Capitalism and Society, De Gruyter, vol. 1(2), pages 1-4, September.

    Cited by:

    1. Pankaj Ghemawat & Bruno Cassiman, 2007. "Introduction to the Special Issue on Strategic Dynamics," Management Science, INFORMS, vol. 53(4), pages 529-536, April.

  29. Lawrence H. Summers, 2004. "General discussion : global demographic change : dimensions and economic significance," Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, issue Aug, pages 73-81.

    Cited by:

    1. Marga Peeters & Loek Groot, 2012. "A Global View On Demographic Pressure And Labour Market Participation," Journal of Global Economy, Research Centre for Social Sciences,Mumbai, India, vol. 8(2), pages 165-194, June.
    2. Utsav Kumar & Arvind Subramanian, 2011. "India's Growth in the 2000s: Four Facts," Working Paper Series WP11-17, Peterson Institute for International Economics.
    3. Geys, Benny & Heinemann, Friedrich & Kalb, Alexander, 2008. "Local governments in the wake of demographic change: evidence from German municipalities [Dezentrale Regierungen im Strudel von demographischen Wandel: Evidenz von deutschen Stadtverwaltungen]," Discussion Papers, Research Unit: Market Processes and Governance SP II 2008-19, WZB Berlin Social Science Center.

  30. Lawrence H. Summers, 2004. "General discussion : the impact of population aging on financial markets," Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, issue Aug, pages 229-242.

    Cited by:

    1. Jonathan Skinner, 2009. "Comment on "The Decline of Defined Benefit Retirement Plans and Asset Flows"," NBER Chapters, in: Social Security Policy in a Changing Environment, pages 379-384, National Bureau of Economic Research, Inc.

  31. Summers, Larry, 2003. "Cyclical dynamics in the new economy," Journal of Policy Modeling, Elsevier, vol. 25(5), pages 525-530, July.

    Cited by:

    1. Nicholas Apergis & Ibrahim Arisoy, 2017. "Unemployment and labor force participation across the US States: new evidence from panel data," SPOUDAI Journal of Economics and Business, SPOUDAI Journal of Economics and Business, University of Piraeus, vol. 67(4), pages 45-84, October-D.
    2. Kula Ferit & Aslan Alper, 2010. "Hysteresis vs. Natural Rate of Unemployment: One, the Other, or Both?," South East European Journal of Economics and Business, Sciendo, vol. 5(1), pages 91-94, April.
    3. Ferit KULA & Alper ASLAN, 2014. "Unemployment Hysteresis in Turkey: Does Education Matter?," International Journal of Economics and Financial Issues, Econjournals, vol. 4(1), pages 35-39.
    4. Jonathan Perraton, 2004. "Joseph Stiglitz's, Globalization and its Discontents," Journal of International Development, John Wiley & Sons, Ltd., vol. 16(6), pages 897-905.
    5. Sun, Qian & Tong, Wilson H.S. & Yan, Yuxing, 2009. "Market liberalization within a country," Journal of Empirical Finance, Elsevier, vol. 16(1), pages 18-41, January.
    6. Lee, Chien-Chiang & Chang, Chun-Ping, 2008. "Unemployment hysteresis in OECD countries: Centurial time series evidence with structural breaks," Economic Modelling, Elsevier, vol. 25(2), pages 312-325, March.

  32. J. Bradford DeLong & Lawrence H. Summers, 2001. "The 'new economy' : background, historical perspective, questions, and speculations," Economic Review, Federal Reserve Bank of Kansas City, vol. 86(Q IV), pages 29-59.

    Cited by:

    1. Rob Alessie & Agar Brugiavini & Guglielmo Weber, 2005. "Saving and Cohabitation: The Economic Consequences of Living with One's Parents in Italy and the Netherlands," NBER Working Papers 11079, National Bureau of Economic Research, Inc.
    2. TOTH Kornel & HERCZEG Adrienn, 2015. "The Effect Of Globalization On Frameworks And Concepts In Accounting," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 968-975, July.
    3. R. Nahuis & H. van der Wiel, 2005. "How Should Europe’s ICT Ambitions look like? An Interpretative Review of the Facts," Working Papers 05-22, Utrecht School of Economics.
    4. Stephen G. Cecchetti, 2002. "The New Economy and the Challenges for Macroeconomic Policy," NBER Working Papers 8935, National Bureau of Economic Research, Inc.
    5. Aldona Małgorzata Dereń & Jan Skonieczny, 2022. "Green Intellectual Property as a Strategic Resource in the Sustainable Development of an Organization," Sustainability, MDPI, vol. 14(8), pages 1-11, April.
    6. David Neumark & Deborah Reed, 2002. "Employment Relationships in the New Economy," NBER Working Papers 8910, National Bureau of Economic Research, Inc.
    7. Shortridge, Rebecca Toppe & Smith, Pamela A., 2009. "Understanding the changes in accounting thought," Research in Accounting Regulation, Elsevier, vol. 21(1), pages 11-18.
    8. Noam, Eli M., 2006. "Fundamental instability: Why telecom is becoming a cyclical and oligopolistic industry," Information Economics and Policy, Elsevier, vol. 18(3), pages 272-284, September.
    9. Ioan I. Gâf-Deac & Mohammad Jaradat & Florina Bran & Raluca Florentina Crețu & Daniel Moise & Svetlana Platagea Gombos & Teodora Odett Breaz, 2022. "Similarities and Proximity Symmetries for Decisions of Complex Valuation of Mining Resources in Anthropically Affected Areas," Sustainability, MDPI, vol. 14(16), pages 1-22, August.

  33. Lawrence H. Summers, 2000. "International Financial Crises: Causes, Prevention, and Cures," American Economic Review, American Economic Association, vol. 90(2), pages 1-16, May.

    Cited by:

    1. Oasis Kodila-Tedika & Simplice Asongu & Matthias Cinyabuguma & Vanessa Tchamyou, 2017. "Financial Development and Pre-historic Geographical Isolation: Global Evidence," Working Papers of the African Governance and Development Institute. 17/041, African Governance and Development Institute..
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    9. Shinji Takagi, 2010. "Applying the Lessons of Asia : The IMF’s Crisis Management Strategy in 2008," Macroeconomics Working Papers 22822, East Asian Bureau of Economic Research.

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    5. Hua Cheng, 2005. "« Currency Board » versus change géré ? Un bilan des stratégies de Hong Kong et de Singapour," Revue d'Économie Financière, Programme National Persée, vol. 81(4), pages 271-289.
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    1. Kluve, Jochen & Schaffner, Sandra & Schmidt, Christoph M., 2009. "Labor Force Status Dynamics in the German Labor Market - Individual Heterogeneity and Cyclical Sensitivity," Ruhr Economic Papers 139, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
    2. Petrosky-Nadeau, Nicolas & Valletta, Robert G., 2021. "UI Generosity and Job Acceptance: Effects of the 2020 CARES Act," IZA Discussion Papers 14454, Institute of Labor Economics (IZA).
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    1. Vytautas Tvaronavičius & Manuela Tvaronavičiene, 2007. "Role of fixed investments in economic growth of country: Lithuania in European context," Journal of Business Economics and Management, Taylor & Francis Journals, vol. 9(1), pages 57-64, December.
    2. Nazrul Islam, 2003. "What have We Learnt from the Convergence Debate?," Journal of Economic Surveys, Wiley Blackwell, vol. 17(3), pages 309-362, July.
    3. Temple, J., 1995. "Testing the Augmented Solow Models," Economics Papers 106, Economics Group, Nuffield College, University of Oxford.
    4. Shiau, Allen & Kilpatrick, James & Matthews, Miriam, 2002. "Seven percent growth for Mexico?: A quantitative assessment of Mexico's investment requirements," Journal of Policy Modeling, Elsevier, vol. 24(7-8), pages 781-798, November.
    5. Jiao, Xiyu & Pretis, Felix & Schwarz, Moritz, 2024. "Testing for coefficient distortion due to outliers with an application to the economic impacts of climate change," Journal of Econometrics, Elsevier, vol. 239(1).
    6. Kaffine, Daniel T. & Davis, Graham A., 2017. "A multi-row deletion diagnostic for influential observations in small-sample regressions," Computational Statistics & Data Analysis, Elsevier, vol. 108(C), pages 133-145.
    7. Adarsh Kumar Kakar, 2018. "Investigating The Synergistic And Antagonistic Impacts Of Outcome Interdependence, Shared Vision And Team Reflexivity On Innovation In Software Development Projects," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 22(06), pages 1-31, August.
    8. Chen Hao & Xuegang Feng & Dandan Wu & Xiaodong Guo, 2024. "Board interlocks and corporate risk-taking: An empirical analysis of listed companies from tourism and related industries in China," Tourism Economics, , vol. 30(1), pages 174-211, February.
    9. Uwe Dulleck & Neil Foster, 2007. "Imported Equipment, Human Capital and Economic Growth in Developing Countries," NCER Working Paper Series 16, National Centre for Econometric Research.

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    1. Kholeka Mdingi & Sin-Yu Ho, 2023. "Income inequality and economic growth: An empirical investigation in South Africa," Cogent Economics & Finance, Taylor & Francis Journals, vol. 11(2), pages 2230027-223, June.
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    3. Kevin S. Nell & Maria M. De Mello, 2019. "The interdependence between the saving rate and technology across regimes: evidence from South Africa," Empirical Economics, Springer, vol. 56(1), pages 269-300, January.
    4. Kevin S. Nell & Maria M. De Mello, 2015. "Testing Capital Accumulation-Driven Growth Models in a Multiple-Regime Framework: Evidence from South Africa," CEF.UP Working Papers 1501, Universidade do Porto, Faculdade de Economia do Porto.
    5. Abdul Karim, Zulkefly & Abdul Karim, Bakri & Ahmad, Riayati, 2010. "Fixed investment, household consumption, and economic growth : a structural vector error correction model (SVECM) study of Malaysia," MPRA Paper 27146, University Library of Munich, Germany.
    6. Hamid Falatoon & Mohammad Safarzadeh, 2006. "Technological innovations and economic prosperity: A time series analysis," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 53(2), pages 240-248, June.
    7. Edgar A. Ghossoub & Robert R. Reed, 2019. "Banking competition, production externalities, and the effects of monetary policy," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 67(1), pages 91-154, February.
    8. Rana Hasan, 2000. "The Impact of Imported and Domestic Technologies on Productivity: Evidence from Indian Manufacturing Firms," Economics Study Area Working Papers 06, East-West Center, Economics Study Area.
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    39. Shiau, Allen & Kilpatrick, James & Matthews, Miriam, 2002. "Seven percent growth for Mexico?: A quantitative assessment of Mexico's investment requirements," Journal of Policy Modeling, Elsevier, vol. 24(7-8), pages 781-798, November.
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    41. Oyinlola, Mutiu A. & Adedeji, Abdulfatai A. & Onitekun, Olumide, 2021. "Human capital, innovation, and inclusive growth in sub-Saharan African Region," Economic Analysis and Policy, Elsevier, vol. 72(C), pages 609-625.
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    62. Tang, Dapeng & Yu, Qian & Gebrehans, Mebrahtu Tesfagebreal & Wang, Lulu, 2023. "The asymmetric innovation effects of heterogeneous government subsidies: A new perspective from GDP target deviation," Pacific-Basin Finance Journal, Elsevier, vol. 82(C).
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    1. Villanger, Espen, 2006. "Company interests and foreign aid policy: Playing donors off against one another," European Economic Review, Elsevier, vol. 50(3), pages 533-545, April.
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    2. Donato Masciandaro & Davide Romelli, 2015. "Ups and Downs. Central Bank Independence from the Great Inflation to the Great Recession: Theory, Institutions and Empirics," BAFFI CAREFIN Working Papers 1503, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy.
    3. Charles Lima de Almeida & Marco Aurélio Peres & Geraldo da Silva & Souza & Benjamin Miranda Tabak, 2003. "Optimal Monetary Rules: The Case of Brazil," Working Papers Series 63, Central Bank of Brazil, Research Department.
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    6. Panos Pashardes & Soteroula Hajispyrou, 2002. "Consumer Demand and Welfare under Increasing Block Pricing," University of Cyprus Working Papers in Economics 0207, University of Cyprus Department of Economics.
    7. Robert J. Barro, 1996. "Inflation and growth," Review, Federal Reserve Bank of St. Louis, vol. 78(May), pages 153-169.
    8. Cukierman, Alex, 2007. "Central Bank Independence and Monetary Policymaking Institutions - Past Present and Future," CEPR Discussion Papers 6441, C.E.P.R. Discussion Papers.
    9. Mr. Bernard J Laurens & Mr. Marco Arnone & Jean-François Segalotto, 2006. "The Measurement of Central Bank Autonomy: Survey of Models, Indicators, and Empirical Evidence," IMF Working Papers 2006/227, International Monetary Fund.
    10. Walsh, Carl-E, 1997. "Inflation and Central Bank Independence: Is Japan Really an Outlier?," Monetary and Economic Studies, Institute for Monetary and Economic Studies, Bank of Japan, vol. 15(1), pages 89-117, May.
    11. Crosby, M., 1996. "Central Bank Independence and Output Variability," Papers 96/20, New South Wales - School of Economics.
    12. Christina D. Romer & David Romer, 1998. "Monetary policy and the well-being of the poor," Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, pages 159-201.
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    14. Patricia S. Pollard, 1993. "Central bank independence and economic performance," Review, Federal Reserve Bank of St. Louis, issue Jul, pages 21-36.
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    24. Maneschiöld, Per-Ola, 2010. "Consumption in Urban China and Monetary Policy - Consumi nelle aree urbane della Cina e politica monetaria," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 63(3), pages 305-327.
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    36. Agyapomaa Gyeke-Dako & Elikplimi Komla Agbloyor & Abel Mawuko Agoba & Festus Turkson & Emmanuel Abbey, 2022. "Central Bank Independence, Inflation, and Poverty in Africa," Journal of Emerging Market Finance, Institute for Financial Management and Research, vol. 21(2), pages 211-236, June.
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    39. Alex Cukierman, 1993. "Central Bank Independence, Political Influence and Macroeconomic Performance: a Survey of Recent Development," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 30(91), pages 271-292.
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    54. Haan, Jakob de & Kooi, Willem J., 2000. "Does central bank independence really matter?: New evidence for developing countries using a new indicator," Journal of Banking & Finance, Elsevier, vol. 24(4), pages 643-664, April.
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    1. Antonio Fatás & Ilian Mihov & Andrew K. Rose, 2007. "Quantitative Goals for Monetary Policy," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 39(5), pages 1163-1176, August.
    2. Robert J. Barro, 2012. "Inflation and Economic Growth," CEMA Working Papers 568, China Economics and Management Academy, Central University of Finance and Economics.
    3. Frederic S. Mishkin, 1998. "The Dangers of Exchange‐Rate Pegging in Emerging‐Market Countries," International Finance, Wiley Blackwell, vol. 1(1), pages 81-101, October.
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    6. Alberto Alesina & Guido Tabellini, 2004. "Bureaucrats or Politicians?," CESifo Working Paper Series 1130, CESifo.
    7. Demertzis, Maria & Andrew Hughes Hallett, 2003. "Central Bank Transparency in Theory and Practice," Royal Economic Society Annual Conference 2003 56, Royal Economic Society.
    8. Bertsch, Christoph & Hull, Isaiah & Lumsdaine, Robin L. & Zhang, Xin, 2024. "Four Facts about International Central Bank Communication," Working Paper Series 432, Sveriges Riksbank (Central Bank of Sweden).
    9. Cukierman, A., 1996. "Targeting Monetary Aggregatesand Inflation in Europe," Discussion Paper 1996-32, Tilburg University, Center for Economic Research.
    10. Falcetti, Elisabetta & Missale, Alessandro, 2002. "Public debt indexation and denomination with an independent central bank," European Economic Review, Elsevier, vol. 46(10), pages 1825-1850, December.
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    13. Alex Cukierman, 1998. "The Economics of Central Banking," International Economic Association Series, in: Holger C. Wolf (ed.), Contemporary Economic Issues, chapter 3, pages 37-82, Palgrave Macmillan.
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    19. Stephanos Papadamou & Moïse Sidiropoulos & Eleftherios Spyromitros, 2017. "Interest rate dynamic effect on stock returns and central bank transparency : Evidence from emerging markets," Post-Print hal-03692218, HAL.
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    21. Mr. Alberto Alesina & Mr. Roberto Perotti, 1996. "Budget Deficits and Budget Institutions," IMF Working Papers 1996/052, International Monetary Fund.
    22. Ms. Francesca Castellani & Mr. Xavier Debrun, 2001. "Central Bank Independence and the Design of Fiscal Institutions," IMF Working Papers 2001/205, International Monetary Fund.
    23. Frank Bohn, 2006. "Greed, Impatience and Exchange Rate Determination," Working Papers 200605, School of Economics, University College Dublin.
    24. Josh Ryan-Collins, 2015. "Is Monetary Financing Inflationary? A Case Study of the Canadian Economy, 1935-75," Economics Working Paper Archive wp_848, Levy Economics Institute.
    25. Adriana Kugler, 2024. "Central Bank Independence and the Conduct of Monetary Policy: A speech at the Albert Hirschman Lecture, 2024 Annual Meeting of the Latin American and Caribbean Economic Association and the Latin Ameri," Speech 99068, Board of Governors of the Federal Reserve System (U.S.).
    26. Zied Ftiti & Abdelkader Aguir & Mounir Smida, 2017. "Time-inconsistency and expansionary business cycle theories: What does matter for the central bank independence–inflation relationship?," Post-Print hal-01746100, HAL.
    27. Kwabi, Frank O. & Boateng, Agyenim & Du, Min, 2020. "Impact of central bank independence and transparency on international equity portfolio allocation: A cross-country analysis," International Review of Financial Analysis, Elsevier, vol. 69(C).
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    36. Jose Sanchez-fung, 2005. "Estimating a monetary policy reaction function for the dominican republic," International Economic Journal, Taylor & Francis Journals, vol. 19(4), pages 563-577.
    37. Mourmouras, Iannis A. & Su, Dou-Ming, 1995. "Central bank independence, policy reforms and the credibility of public debt stabilizations," European Journal of Political Economy, Elsevier, vol. 11(1), pages 189-204, March.
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    40. Otmar Issing, 2012. "The Mayekawa Lecture: Central Banks-Paradise Lost," Monetary and Economic Studies, Institute for Monetary and Economic Studies, Bank of Japan, vol. 30, pages 55-74, November.
    41. Guy Debelle & Stanley Fischer, 1994. "How independent should a central bank be?," Conference Series ; [Proceedings], Federal Reserve Bank of Boston, vol. 38, pages 195-225.
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    44. James L Butkiewicz & Zeliha Ozdogan, 2014. "Financial crisis, monetary policy reform and the monetary transmission mechanism in Turkey," Middle East Development Journal, Taylor & Francis Journals, vol. 6(1), pages 66-83, January.
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    46. Lin, Hsin-Yi & Chu, Hao-Pang, 2013. "Are fiscal deficits inflationary?," Journal of International Money and Finance, Elsevier, vol. 32(C), pages 214-233.
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    48. William Luther, 2015. "The monetary mechanism of stateless Somalia," Public Choice, Springer, vol. 165(1), pages 45-58, October.
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    9. Javier Gómez., 2003. "Wage Indexation, Inflation Inertia, and the Cost of Disinflation," Revista ESPE - Ensayos Sobre Política Económica, Banco de la República, vol. 21(43), pages 66-85, June.
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    3. Laffargue, Jean-Pierre & Malgrange, Pierre & Pujol, Thierry, 1992. "Une maquette trimestrielle de l’économie française avec anticipations rationnelles et concurrence monopolistique," L'Actualité Economique, Société Canadienne de Science Economique, vol. 68(1), pages 225-261, mars et j.
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    7. Brunner, Martin & Strulik, Holger, 2002. "Solution of perfect foresight saddlepoint problems: a simple method and applications," Journal of Economic Dynamics and Control, Elsevier, vol. 26(5), pages 737-753, May.
    8. Skinner, Jonathan, 1989. "Housing wealth and aggregate saving," Regional Science and Urban Economics, Elsevier, vol. 19(2), pages 305-324, May.
    9. Schmidt-Hebbel, Klaus & Serven, Luis, 1995. "Fiscal and monetary contraction in Chile : a rational-expectations approach," Policy Research Working Paper Series 1472, The World Bank.
    10. Francisco A. Gallego & Klaus Schmidt-Hebbel & Luis Servén, 2004. "General Equilibrium Dynamics of External Shocks and Policy Changes in Chile," Working Papers Central Bank of Chile 271, Central Bank of Chile.
    11. Kouparitsas, Michael A., 2001. "Should trade barriers be phased-out slowly? A case study of North America," Journal of Policy Modeling, Elsevier, vol. 23(8), pages 875-900, November.
    12. Olivier J. Blanchard, 1983. "Methods of Solution and Simulation for Dynamic Rational Expectations Models," NBER Technical Working Papers 0028, National Bureau of Economic Research, Inc.
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  113. Summers, Lawrence H., 1982. "'Economic policy in the face of declining productivity growth' by Nordhaus," European Economic Review, Elsevier, vol. 18(1), pages 163-169.

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    1. Andreas Hornstein & Per Krusell, 1996. "Can Technology Improvements Cause Productivity Slowdowns?," NBER Chapters, in: NBER Macroeconomics Annual 1996, Volume 11, pages 209-276, National Bureau of Economic Research, Inc.
    2. William D. Nordhaus, 1992. "Lethal Model 2: The Limits to Growth Revisited," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 23(2), pages 1-60.

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    6. Bovenberg, A.L. & van Ewijk, C., 1997. "Progressive taxes, equity and human capital accumulation in an endogenous growth model with overlapping generations," Other publications TiSEM 6d8dd905-8f4d-4b98-8202-1, Tilburg University, School of Economics and Management.
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    9. Philippe Michel & Pierre Pestieau, 2013. "Social Security And Early Retirement In An Overlapping-Generations Growth Model," Annals of Economics and Finance, Society for AEF, vol. 14(2), pages 723-737, November.
    10. Lin, Shuanglin, 1998. "Labor income taxation and human capital accumulation," Journal of Public Economics, Elsevier, vol. 68(2), pages 291-302, May.
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    2. Andrew B. Abel & N. Gregory Mankiw & Lawrence H. Summers & Richard J. Zeckhauser, 1986. "Assessing Dynamic Efficiency: Theory and Evidence," NBER Working Papers 2097, National Bureau of Economic Research, Inc.
    3. Pindyck, Robert S, 1984. "Risk, Inflation, and the Stock Market," American Economic Review, American Economic Association, vol. 74(3), pages 335-351, June.
    4. Patric H. Hendershott, 1979. "The Decline in Aggregate Share Values: Inflation, Taxation, Risk and Profitability," NBER Working Papers 0370, National Bureau of Economic Research, Inc.
    5. LG Deidda & F. Cerina, 2002. "Do we need more time for leisure?," Working Paper CRENoS 200203, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
    6. Michael Cooper & John McClelland & James Pearce & Richard Prisinzano & Joseph Sullivan & Danny Yagan & Owen Zidar & Eric Zwick, 2016. "Business in the United States: Who Owns It, and How Much Tax Do They Pay?," Tax Policy and the Economy, University of Chicago Press, vol. 30(1), pages 91-128.
    7. Michael Bruno, 1981. "Raw Materials, Profits, and the Productivity Slowdown (Rev)," NBER Working Papers 0660, National Bureau of Economic Research, Inc.
    8. Merih Uctum & Sandra Viana, 1999. "Decline in the US profit rate: a sectoral analysis," Applied Economics, Taylor & Francis Journals, vol. 31(12), pages 1641-1652.
    9. Poterba, James M., 1998. "The rate of return to corporate capital and factor shares: new estimates using revised national income accounts and capital stock data," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 48(1), pages 211-246, June.
    10. Julia, Knolle, 2014. "An Empirical Comparison of Interest and Growth Rates," MPRA Paper 59520, University Library of Munich, Germany.
    11. Roberto Veneziani & Luca Zamparelli & Deepankar Basu, 2017. "Quantitative Empirical Research In Marxist Political Economy: A Selective Review," Journal of Economic Surveys, Wiley Blackwell, vol. 31(5), pages 1359-1386, December.
    12. Martin Feldstein & Jerry Green & Eytan Sheshinski, 1979. "Corporate Financial Policy and Taxation in a Growing Economy," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 93(3), pages 411-432.
    13. Kuvshinov, Dmitry & Zimmermann, Kaspar, 2022. "The big bang: Stock market capitalization in the long run," Journal of Financial Economics, Elsevier, vol. 145(2), pages 527-552.
    14. Martin Feldstein, 1979. "Inflation, Tax Rules, and the Stock Market," NBER Working Papers 0403, National Bureau of Economic Research, Inc.
    15. Kim, Se-Jik, 1998. "Growth effect of taxes in an endogenous growth model: to what extent do taxes affect economic growth?," Journal of Economic Dynamics and Control, Elsevier, vol. 23(1), pages 125-158, September.
    16. Gordon, R.H. & Mackie-Mason, J.K., 1993. "Tax Distorsions to the Choice of Organizational Form," Memorandum 1993_021, Oslo University, Department of Economics.
    17. Satya Prasad Padhi, 2021. "Employment dynamics, increasing returns and Marx's falling rate of profit," PSL Quarterly Review, Economia civile, vol. 74(298), pages 219-245.
    18. J. Kapler, 2000. "Measuring the Economic Rate of Return on Assets," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 17(4), pages 457-463, December.
    19. James M. Poterba & Andrew A. Samwick, 1995. "Stock Ownership Patterns, Stock Market Fluctuations, and Consumption," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 26(2), pages 295-372.
    20. Martin Feldstein & James M. Poterba & Louis Dicks-Mireaux, 1981. "The Effective Tax Rate and the Pretax Rate of Return," NBER Working Papers 0740, National Bureau of Economic Research, Inc.
    21. Lynn E. Browne & Rebecca Hellerstein, 1997. "Are we investing too little?," New England Economic Review, Federal Reserve Bank of Boston, issue Nov, pages 29-50.
    22. Vigne, Samuel A. & Lucey, Brian M. & O’Connor, Fergal A. & Yarovaya, Larisa, 2017. "The financial economics of white precious metals — A survey," International Review of Financial Analysis, Elsevier, vol. 52(C), pages 292-308.
    23. Ivan Mendieta-Muñoz, 2014. "Is there any relationship between the rates of interest and profit in the U.S. economy?," Studies in Economics 1416, School of Economics, University of Kent.
    24. Auerbach, Alan J, 1979. "Inflation and the Choice of Asset Life," Journal of Political Economy, University of Chicago Press, vol. 87(3), pages 621-638, June.
    25. Holland, Daniel M. (Daniel Mark), 1920- & Myers, Stewart C., 1978. "Trends in corporate profitability and capital costs," Working papers 999-78., Massachusetts Institute of Technology (MIT), Sloan School of Management.
    26. Ivan D. Trofimov, 2017. "Profit rates in the developed capitalist economies: a time series investigation," PSL Quarterly Review, Economia civile, vol. 70(281), pages 85-128.
    27. Auerbach, Alan J., 1979. "Share valuation and corporate equity policy," Journal of Public Economics, Elsevier, vol. 11(3), pages 291-305, June.
    28. Ariel Pakes & Zvi Griliches, 1982. "Estimating Distributed Lags in Short Panels with an Application to the Specification of Depreciation Patterns and Capital Stock Constructs," NBER Working Papers 0933, National Bureau of Economic Research, Inc.
    29. Benjamin M. Friedman, 1981. "Financing Capital Formation in the 1980s: Issues for Public Policy," NBER Working Papers 0745, National Bureau of Economic Research, Inc.
    30. Roger H. Gordon & Joel Slemrod, 1998. "Are "Real" Responses to Taxes Simply Income Shifting Between Corporate and Personal Tax Bases?," NBER Working Papers 6576, National Bureau of Economic Research, Inc.
    31. Casey B. Mulligan, 2002. "Capital Tax Incidence: First Impressions from the Time Series," NBER Working Papers 9374, National Bureau of Economic Research, Inc.
    32. Martin Feldstein, 1978. "The Effect of Inflation on the Prices of Land And Gold," NBER Working Papers 0296, National Bureau of Economic Research, Inc.
    33. Lawrence H. Summers, 1978. "Tax Policy in a Life Cycle Model," NBER Working Papers 0302, National Bureau of Economic Research, Inc.
    34. Roger H. Gordon & Mark Schankerman & Richard H. Spady, 1985. "Estimating the Effects of R&D on Bell System Productivity: A Model of Embodied Technical Change," NBER Working Papers 1607, National Bureau of Economic Research, Inc.
    35. Fred Moseley, 1990. "The Decline of the Rate of Profit in the Postwar U.S. Economy: An Alternative Marxian Explanation," Review of Radical Political Economics, Union for Radical Political Economics, vol. 22(2-3), pages 17-37, June.
    36. John V. Duca, 1997. "Has long-run profitability risen in the 1990s," Economic and Financial Policy Review, Federal Reserve Bank of Dallas, issue Q IV, pages 2-14.
    37. Joseph E. Stiglitz, 1980. "On the Almost Neutrality of Inflation: Notes on Taxation and the Welfare Costs of Inflation," NBER Working Papers 0499, National Bureau of Economic Research, Inc.
    38. Roger H. Gordon, 1980. "Inflation, Taxation, and Corporate Behavior," NBER Working Papers 0588, National Bureau of Economic Research, Inc.
    39. Alexei Izyumov & John Vahaly, 2015. "Income Shares Revisited," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 61(1), pages 179-188, March.
    40. Knolle, Julia & Lehmann, Kai, 2016. "An Empirical Assessment of Global Capital Productivity," Hannover Economic Papers (HEP) dp-574, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät.
    41. Kevin Luo & Tomoko Kinugasa & Kai Kajitani, 2018. "Dynamic efficiency in world economy," Discussion Papers 1801, Graduate School of Economics, Kobe University.
    42. Giovanni Scarano, 2018. "From Long-Term Growth To Secular Stagnation. A Theoretical Comparison Between Régulation Theory, Marxist Approaches And Present Mainstream Interpretations," Departmental Working Papers of Economics - University 'Roma Tre' 0241, Department of Economics - University Roma Tre.
    43. Behr Andreas, 2000. "Überproportionale Geldvermögensbildung und relativ sinkende Sachkapitalrendite / Increasing Share of Financial Assets and Decreasing Rate of Return to Capital," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 220(6), pages 641-652, December.
    44. Albert Ando & Alan J. Auerbach, 1985. "The Corporate Cost of Capital in Japan and the U.S.: A Comparison," NBER Working Papers 1762, National Bureau of Economic Research, Inc.
    45. Trofimov, Ivan D., 2022. "Determinants of the profit rates in the OECD economies: A panel data analysis of the Kalecki's profit equation," Structural Change and Economic Dynamics, Elsevier, vol. 61(C), pages 380-397.
    46. Casey B. Mulligan & Luke Threinen, 2010. "The Marginal Products of Residential and Non-Residential Capital Through 2009," NBER Working Papers 15897, National Bureau of Economic Research, Inc.
    47. Michael Bruno & Jeffrey Sachs, 1979. "Supply vs. Demand Approaches to the Problem of Stagflation," NBER Working Papers 0382, National Bureau of Economic Research, Inc.
    48. Trofimov, Ivan D., 2018. "The secular decline in profit rates: time series analysis of a classical hypothesis," MPRA Paper 88248, University Library of Munich, Germany.

Chapters

  1. Natasha Sarin & Lawrence Summers & Owen Zidar & Eric Zwick, 2021. "Rethinking How We Score Capital Gains Tax Reform," NBER Chapters, in: Tax Policy and the Economy, Volume 36, pages 1-33, National Bureau of Economic Research, Inc.
    See citations under working paper version above.
  2. Benjamin F. Jones & Lawrence H. Summers, 2020. "A Calculation of the Social Returns to Innovation," NBER Chapters, in: Innovation and Public Policy, pages 13-59, National Bureau of Economic Research, Inc.
    See citations under working paper version above.
  3. Antonio Fatás & Lawrence H. Summers, 2017. "The Permanent Effects of Fiscal Consolidations," NBER Chapters, in: NBER International Seminar on Macroeconomics 2017, National Bureau of Economic Research, Inc.
    See citations under working paper version above.
  4. Lawrence H. Summers, 2014. "Low Equilibrium Real Rates, Financial Crisis, and Secular Stagnation," Book Chapters, in: Martin Neil Baily & John B. Taylor (ed.), Across the Great Divide: New Perspectives on the Financial Crisis, chapter 2, Hoover Institution, Stanford University.

    Cited by:

    1. Nikolsko-Rzhevskyy, Alex & Papell, David H. & Prodan, Ruxandra, 2019. "The Taylor principles," Journal of Macroeconomics, Elsevier, vol. 62(C).
    2. William D. Nordhaus, 2021. "Are We Approaching an Economic Singularity? Information Technology and the Future of Economic Growth," American Economic Journal: Macroeconomics, American Economic Association, vol. 13(1), pages 299-332, January.
    3. Taylor, John B. & Wieland, Volker, 2016. "Finding the equilibrium real interest rate in a fog of policy deviations," IMFS Working Paper Series 103, Goethe University Frankfurt, Institute for Monetary and Financial Stability (IMFS).
    4. Wieland, Volker & Beyer, Robert, 2017. "Instability, imprecision and inconsistent use of equilibrium real interest rate estimates," CEPR Discussion Papers 11927, C.E.P.R. Discussion Papers.
    5. Belke, Ansgar & Klose, Jens, 2020. "Equilibrium real interest rates and the financial cycle: Empirical evidence for Euro area member countries," Economic Modelling, Elsevier, vol. 84(C), pages 357-366.
    6. Taylor, John B., 2016. "Slow economic growth as a phase in a policy performance cycle," Journal of Policy Modeling, Elsevier, vol. 38(4), pages 649-655.

  5. James R. Hines Jr. & Lawrence H. Summers, 2009. "How Globalization Affects Tax Design," NBER Chapters, in: Tax Policy and the Economy, Volume 23, pages 123-157, National Bureau of Economic Research, Inc.
    See citations under working paper version above.
  6. Lawrence H. Summers & Hyman P. Minsky & Paul A. Samuelson & William Poole & Paul A. Volcker, 1991. "Macroeconomic Consequences of Financial Crises," NBER Chapters, in: The Risk of Economic Crisis, pages 135-182, National Bureau of Economic Research, Inc.

    Cited by:

    1. Michael D. Bordo & Bruce Mizrach & Anna J. Schwartz, 1995. "Real Versus Pseudo-International Systemic Risk: Some Lessons from History," NBER Working Papers 5371, National Bureau of Economic Research, Inc.
    2. Ivo Arnold, 1999. "The third leg of the stool: Financial stability as a prerequisite for EMU," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 135(2), pages 280-305, June.
    3. T. Minina I. & V. Skalkin V. & Т. Минина И. & В. Скалкин В., 2019. "Уменьшение рисков финансового сектора для обеспечении устойчивого роста экономики России // Reducing the Risks of the Financial Sector to Ensure Sustainable Growth of the Russian Еconomy," Экономика. Налоги. Право // Economics, taxes & law, ФГОБУ "Финансовый университет при Правительстве Российской Федерации" // Financial University under The Government of Russian Federation, vol. 12(3), pages 86-92.

  7. Christopher D. Carroll & Lawrence H. Summers, 1991. "Consumption Growth Parallels Income Growth: Some New Evidence," NBER Chapters, in: National Saving and Economic Performance, pages 305-348, National Bureau of Economic Research, Inc.
    See citations under working paper version above.
  8. Lawrence H. Summers, 1991. "Should Keynesian Economics Dispense with the Phillips Curve?," International Economic Association Series, in: Marc Nerlove (ed.), Issues in Contemporary Economics, chapter 1, pages 3-20, Palgrave Macmillan.

    Cited by:

    1. Matthew Rognlie, 2019. "Comment on "Optimal Inflation and the Identification of the Phillips Curve"," NBER Chapters, in: NBER Macroeconomics Annual 2019, volume 34, pages 267-279, National Bureau of Economic Research, Inc.
    2. Goyal, Ashima, 1995. "The Simple Analytics of Aggregate Supply Demand and Structural Adjustment," MPRA Paper 73722, University Library of Munich, Germany.

  9. Daniel Feenberg & Lawrence H. Summers, 1990. "Who Benefits from Capital Gains Tax Reductions?," NBER Chapters, in: Tax Policy and the Economy: Volume 4, pages 1-24, National Bureau of Economic Research, Inc.

    Cited by:

    1. Michael Haliassos & Andrew B. Lyon, 1993. "Progressivity of Capital Gains Taxation with Optimal Portfolio Selection," NBER Working Papers 4253, National Bureau of Economic Research, Inc.
    2. James B. Davies, 1995. "Distributional Effects of the Lifetime Capital Gains Exemption: Single vs. Multi-Year Analysis," Canadian Public Policy, University of Toronto Press, vol. 21(s1), pages 159-173, November.
    3. Gundersen, Craig & LeBlanc, Michael & Kuhn, Betsey A., 1999. "The Changing Food Assistance Landscape: The Food Stamp Program in a Post-Welfare Reform Environment," Agricultural Economic Reports 33993, United States Department of Agriculture, Economic Research Service.
    4. Olga S. Belomyttseva & Larisa S. Grinkevich & Anastasiia M. Grinkevich & Samo Bobek & Polona Tominc, 2018. "Tax incentives for bond-oriented individual investors: evidence from the Russian Federation," Journal of Tax Reform, Graduate School of Economics and Management, Ural Federal University, vol. 4(2), pages 108-124.

  10. William T. Dickens & Lawrence F. Katz & Kevin Lang & Lawrence H. Summers, 1990. "Why Do Firms Monitor Workers?," Palgrave Macmillan Books, in: Yoram Weiss & Gideon Fishelson (ed.), Advances in the Theory and Measurement of Unemployment, chapter 6, pages 159-171, Palgrave Macmillan.

    Cited by:

    1. Chang, Juin-jen & Lai, Ching-chong & Lin, Chung-cheng, 2003. "Profit sharing, worker effort, and double-sided moral hazard in an efficiency wage model," Journal of Comparative Economics, Elsevier, vol. 31(1), pages 75-93, March.
    2. Lin, Chung-cheng, 2004. "Bonding, shirking and adverse selection," Economic Modelling, Elsevier, vol. 21(3), pages 545-560, May.

  11. Lawrence F. Katz & Lawrence H. Summers, 1989. "Can Interindustry Wage Differentials Justify Strategic Trade Policy?," NBER Chapters, in: Trade Policies for International Competitiveness, pages 85-124, National Bureau of Economic Research, Inc.
    See citations under working paper version above.
  12. Lawrence H. Summers, 1988. "Tax Policy and International Competitiveness," NBER Chapters, in: International Aspects of Fiscal Policies, pages 349-386, National Bureau of Economic Research, Inc.
    See citations under working paper version above.
  13. Andrei Shleifer & Lawrence H. Summers, 1988. "Breach of Trust in Hostile Takeovers," NBER Chapters, in: Corporate Takeovers: Causes and Consequences, pages 33-68, National Bureau of Economic Research, Inc.
    See citations under working paper version above.
  14. Roger H. Gordon & James R. Hines, Jr. & Lawrence H. Summers, 1987. "Notes on the Tax Treatment of Structures," NBER Chapters, in: The Effects of Taxation on Capital Accumulation, pages 223-258, National Bureau of Economic Research, Inc.
    See citations under working paper version above.
  15. Jeremy I. Bulow & Randall Morck & Lawrence H. Summers, 1987. "How Does the Market Value Unfunded Pension Liabilities?," NBER Chapters, in: Issues in Pension Economics, pages 81-110, National Bureau of Economic Research, Inc.
    See citations under working paper version above.
  16. Lawrence H. Summers, 1987. "Investment Incentives and the Discounting of Depreciation Allowances," NBER Chapters, in: The Effects of Taxation on Capital Accumulation, pages 295-304, National Bureau of Economic Research, Inc.
    See citations under working paper version above.
  17. Kotlikoff, Laurence J. & Summers, Lawrence H., 1987. "Tax incidence," Handbook of Public Economics, in: A. J. Auerbach & M. Feldstein (ed.), Handbook of Public Economics, edition 1, volume 2, chapter 16, pages 1043-1092, Elsevier.
    See citations under working paper version above.
  18. Olivier J. Blanchard & Lawrence H. Summers, 1986. "Hysteresis and the European Unemployment Problem," NBER Chapters, in: NBER Macroeconomics Annual 1986, Volume 1, pages 15-90, National Bureau of Economic Research, Inc.
    See citations under working paper version above.
  19. J. Bradford DeLong & Lawrence H. Summers, 1986. "The Changing Cyclical Variability of Economic Activity in the United States," NBER Chapters, in: The American Business Cycle: Continuity and Change, pages 679-734, National Bureau of Economic Research, Inc.
    See citations under working paper version above.
  20. Lawrence H. Summers, 1985. "The Asset Price Approach to the Analysis of Capital Income Taxation," Palgrave Macmillan Books, in: George R. Feiwel (ed.), Issues in Contemporary Macroeconomics and Distribution, chapter 19, pages 429-443, Palgrave Macmillan.
    See citations under working paper version above.
  21. Martin Feldstein & Lawrence Summers, 1983. "Inflation and the Taxation of Capital Income in the Corporate Sector," NBER Chapters, in: Inflation, Tax Rules, and Capital Formation, pages 116-152, National Bureau of Economic Research, Inc.
    See citations under working paper version above.
  22. Lawrence H. Summers, 1983. "Observations on the Indexation of Old Age Pensions," NBER Chapters, in: Financial Aspects of the United States Pension System, pages 231-258, National Bureau of Economic Research, Inc.
    See citations under working paper version above.
  23. Michael Salinger & Lawrence H. Summers, 1983. "Tax Reform and Corporate Investment: A Microeconometric Simulation Study," NBER Chapters, in: Behavioral Simulation Methods in Tax Policy Analysis, pages 247-288, National Bureau of Economic Research, Inc.
    See citations under working paper version above.
  24. Martin Feldstein & Lawrence Summers, 1983. "Inflation, Tax Rules, and the Long-term Interest Rate," NBER Chapters, in: Inflation, Tax Rules, and Capital Formation, pages 153-185, National Bureau of Economic Research, Inc.
    See citations under working paper version above.
  25. Kim B. Clark & Lawrence H. Summers, 1982. "The Dynamics of Youth Unemployment," NBER Chapters, in: The Youth Labor Market Problem: Its Nature, Causes, and Consequences, pages 199-234, National Bureau of Economic Research, Inc.
    See citations under working paper version above.

Books

  1. Lawrence H. Summers, 1989. "Tax Policy and the Economy, Volume 3," NBER Books, National Bureau of Economic Research, Inc, number summ89-1, October.

    Cited by:

    1. Gale, William & Brown, Samuel, 2013. "Small Business, Innovation, and Tax Policy: A Review," MPRA Paper 57384, University Library of Munich, Germany.
    2. Emanuel Shachmurove & Yochanan Shachmurove, 2004. "Annualized Returns of Ventured-Backed Public Companies Stratified by Decades and by Stages of Financing," Journal of Entrepreneurial Finance, Pepperdine University, Graziadio School of Business and Management, vol. 9(2), pages 109-123, Summer.
    3. Hildegunn Ekroll Stokke & Jørn Rattsø, 2004. "Ramsey model of barriers to growth and skill-biased income distribution in South Africa," Working Paper Series 4604, Department of Economics, Norwegian University of Science and Technology, revised 07 Feb 2005.
    4. 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.
    5. Tomislav Globan & Tihana Skrinjaric, 2020. "Penny wise and pound foolish: capital gains tax and trading volume on the Zagreb Stock Exchange," Public Sector Economics, Institute of Public Finance, vol. 44(3), pages 299-329.
    6. Amir Shachmurove & Yochanan Shachmurove, 2004. "Annualized and Cumulative Returns on Venture-Backed Public Companies Categorized by Industry," Journal of Entrepreneurial Finance, Pepperdine University, Graziadio School of Business and Management, vol. 9(3), pages 41-60, Fall.
    7. Tarmo Valkonen, 2001. "The Finnish Corporate Income Tax Reform and the Financial Strategy of Firms: A General Equilibrium Approach," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 28(2), pages 219-239, June.
    8. Emanuel Shachmurove & Yochanan Shachmurove, 2004. "What One Can Learn From the Initial Public Offering of Google? A Twenty-Year Excursion to the Venture Capital Industry," PIER Working Paper Archive 04-041, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    9. Nielsen, Soren Bo & Keuschnigg, Christian, 2003. "Taxation and Venture Capital-Backed Entrepreneurship," CEPR Discussion Papers 4097, C.E.P.R. Discussion Papers.
    10. Yochanan Shachmurove, "undated". "An Empirical Investigation of IPO's Annualized Returns in the Last Three Decades," Penn CARESS Working Papers 823ad5f6b6eb3583cc703364e, Penn Economics Department.
    11. Heim, Bradley T. & Lurie, Ithai Z., 2012. "The Effect of Recent Tax Changes on Tax-Preferred Saving Behavior," National Tax Journal, National Tax Association;National Tax Journal, vol. 65(2), pages 283-311, June.
    12. Fehr, Hans & Wiegard, Wolfgang, 1996. "Numerische Gleichgewichtsmodelle: Grundstruktur, Anwendungen und Erkenntnisgehalt," Tübinger Diskussionsbeiträge 75, University of Tübingen, School of Business and Economics.
    13. Amir Shachmurove & Yochanan Shachmurove, 2004. "Choosing Between Promising and Crowded Industries: How Does the Venture Capital Industry Fare in Each?," PIER Working Paper Archive 04-044, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    14. Yochanan Shachmurove, 2004. "The Reality of IPO Performance: An Empirical Study of Venture-Backed Public Companies," PIER Working Paper Archive 04-030, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.

  2. Lawrence H. Summers, 1988. "Tax Policy and the Economy: Volume 2," NBER Books, National Bureau of Economic Research, Inc, number summ88-2, October.

    Cited by:

    1. Mackie, James B. III, 2002. "Unfinished Business of the 1986 Tax Reform Act: An Effective Tax Rate Analysis of Current Issues in theTaxation of Capital Income," National Tax Journal, National Tax Association;National Tax Journal, vol. 55(2), pages 293-337, June.
    2. Brazell, David W. & Mackie, James B. III, 2000. "Depreciation Lives and Methods: Current Issues in the U.S. Capital Cost Recovery System," National Tax Journal, National Tax Association;National Tax Journal, vol. 53(3), pages 531-562, September.

  3. Lawrence H. Summers, 1987. "Tax Policy and the Economy, Volume 1," NBER Books, National Bureau of Economic Research, Inc, number summ87-1, October.

    Cited by:

    1. Joulfaian, David, 2001. "Choosing Between an Income Tax and a Wealth Transfer Tax," National Tax Journal, National Tax Association;National Tax Journal, vol. 54(3), pages 629-643, September.
    2. Michael Grossman, 1993. "Policy Watch: Alcohol and Cigarette Taxes," Journal of Economic Perspectives, American Economic Association, vol. 7(4), pages 211-222, Fall.
    3. Ralph-C. Bayer & Harald Oberhofer & Hannes Winner, 2014. "The Occurrence of Tax Amnesties. Theory and Evidence," WIFO Working Papers 487, WIFO.
    4. Laura Kawano & Joel Slemrod, 2012. "The Effect of Tax Rates and Tax Bases on Corporate Tax Revenues: Estimates with New Measures of the Corporate Tax Base," Working Papers 1219, Oxford University Centre for Business Taxation.
    5. Joulfaian, David, 2005. "Choosing between gifts and bequests: How taxes affect the timing of wealth transfers," Journal of Public Economics, Elsevier, vol. 89(11-12), pages 2069-2091, December.

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