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Martin Beraja

Citations

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Working papers

  1. Martin Beraja & Wenwei Peng & David Y. Yang & Noam Yuchtman, 2024. "Government as Venture Capitalists in AI," NBER Working Papers 32701, National Bureau of Economic Research, Inc.

    Cited by:

    1. Raffaele Gallo & Federico Maria Signoretti & Ilaria Supino & Enrico Sette & Paolo Cantatore & Marco Luigi Fabbri, 2025. "The Italian venture capital market," Questioni di Economia e Finanza (Occasional Papers) 919, Bank of Italy, Economic Research and International Relations Area.

  2. Martin Beraja & Nathan Zorzi, 2024. "Durables and Size-Dependence in the Marginal Propensity to Spend," NBER Working Papers 32080, National Bureau of Economic Research, Inc.

    Cited by:

    1. Guvenen, Fatih & Ozkan, Serdar & Madera, Rocio, 2024. "Consumption dynamics and welfare under non-Gaussian earnings risk," Journal of Economic Dynamics and Control, Elsevier, vol. 169(C).

  3. Martin Beraja & Andrew Kao & David Y. Yang & Noam Yuchtman, 2023. "Exporting the Surveillance State via Trade in AI," NBER Working Papers 31676, National Bureau of Economic Research, Inc.

    Cited by:

    1. Michael Callen & Jonathan Weigel & Noam Yuchtman & Michael J. Callen, 2023. "Experiments about Institutions," CESifo Working Paper Series 10833, CESifo.

  4. Martin Beraja & Nathan Zorzi, 2022. "Inefficient Automation," NBER Working Papers 30154, National Bureau of Economic Research, Inc.

    Cited by:

    1. Auray, Stéphane & Eyquem, Aurélien, 2025. "On automation, labor reallocation and welfare," Journal of Economic Dynamics and Control, Elsevier, vol. 177(C).
    2. Yongheng Hu, 2025. "Heterogeneous Agents in the Data Economy," Papers 2509.09656, arXiv.org.
    3. Ünveren, Burak & Durmaz, Tunç & Sunal, Seçkin, 2023. "AI revolution and coordination failure: Theory and evidence," Journal of Macroeconomics, Elsevier, vol. 78(C).
    4. Yongheng Hu, 2025. "Analysis Theory of Data Economy: Dataization, Technological Progress and Dynamic General Equilibrium," Papers 2507.13274, arXiv.org, revised Jul 2025.
    5. Seelent, João Felipe Capioto & Lermen, Fernando Henrique & Franco, Cíntia Wilke & Benitez, Guilherme Brittes, 2025. "Managing paradoxical tensions between Corporate Social Responsibility and Automation: How organizations reach sustainability and digital transformation," International Journal of Production Economics, Elsevier, vol. 288(C).
    6. Firooz, Hamid & Liu, Zheng & Wang, Yajie, 2025. "Automation and the rise of superstar firms," Journal of Monetary Economics, Elsevier, vol. 151(C).

  5. Martin Beraja & David Y. Yang & Noam Yuchtman, 2021. "Data-intensive innovation and the State: evidence from AI firms in China," CEP Discussion Papers dp1755, Centre for Economic Performance, LSE.

    Cited by:

    1. Ma, Hong & Xu, Mingzhi & You, Wei & Feng, Jinmei, 2026. "Keeping an eye on the villain: Assessing the impact of surveillance cameras on crime," Journal of Development Economics, Elsevier, vol. 178(C).
    2. Naudé, Wim & Dimitri, Nicola, 2021. "Public Procurement and Innovation for Human-Centered Artificial Intelligence," IZA Discussion Papers 14021, Institute of Labor Economics (IZA).
    3. Yang, Liu & Li, Ran, 2024. "Government procurement and corporate investment efficiency: Evidence from China," Finance Research Letters, Elsevier, vol. 67(PB).
    4. Tamay Besiroglu & Nicholas Emery-Xu & Neil Thompson, 2022. "Economic impacts of AI-augmented R&D," Papers 2212.08198, arXiv.org, revised Jan 2023.
    5. Igna, Ioana & Venturini, Francesco, 2023. "The determinants of AI innovation across European firms," Research Policy, Elsevier, vol. 52(2).
    6. Hao, Xuejing & Hu, Feng & Li, Zhu, 2024. "Entrepreneur-investor gender match effects in startup funding: Evidence from an entrepreneurial-themed reality TV show in China," International Review of Economics & Finance, Elsevier, vol. 93(PA), pages 811-832.
    7. Catherine E. Tucker, 2023. "The Economics of Privacy: An Agenda," NBER Chapters, in: The Economics of Privacy, pages 5-20, National Bureau of Economic Research, Inc.
    8. Kwon, Seokbeom & Porter, Alan L., 2025. "Use of exclusive data for corporate research on machine learning and artificial intelligence: Implications for innovation and competition policy," Technology in Society, Elsevier, vol. 81(C).
    9. Chen, Xiaowei & Hu, Zhilin & Lin, Liguo, 2025. "Safety regulations and firm productivity," China Economic Review, Elsevier, vol. 89(C).
    10. Besiroglu, Tamay & Emery-Xu, Nicholas & Thompson, Neil, 2024. "Economic impacts of AI-augmented R&D," Research Policy, Elsevier, vol. 53(7).
    11. Mary Merva & Adrian Stoian & Simona Costagli, 2021. "Effective information, political structure and economic growth," Economics of Transition and Institutional Change, John Wiley & Sons, vol. 29(4), pages 597-620, October.
    12. Yan Wang & Ping Han, 2023. "Digital Transformation, Service-Oriented Manufacturing, and Total Factor Productivity: Evidence from A-Share Listed Companies in China," Sustainability, MDPI, vol. 15(13), pages 1-24, June.
    13. Ding, Jeffrey, 2022. "Techno-industrial Policy for New Infrastructure: China’s Approach to Promoting Artificial Intelligence as a General Purpose Technology," Institute on Global Conflict and Cooperation, Working Paper Series qt1sb844ws, Institute on Global Conflict and Cooperation, University of California.
    14. Cao, June & Huang, Zijie & Kristanto, Ari Budi, 2025. "From bytes to blooms: Tech-driven transformation and green revenues," Energy Economics, Elsevier, vol. 144(C).
    15. Marioni, Larissa da Silva & Rincon-Aznar, Ana & Venturini, Francesco, 2024. "Productivity performance, distance to frontier and AI innovation: Firm-level evidence from Europe," Journal of Economic Behavior & Organization, Elsevier, vol. 228(C).
    16. Li, Dongdong & Gui, Mingxia & Ma, Rui & Feng, Yiwen, 2024. "Public data accessibility and corporate maturity mismatch: Evidence from China," Pacific-Basin Finance Journal, Elsevier, vol. 86(C).
    17. Fang, Guanfu & Miao, Liya, 2025. "Robot and crime: Evidence from China," World Development, Elsevier, vol. 188(C).
    18. Sun, Zeyu & Zhou, Ye & Yang, Xiaoguang, 2025. "Open government and corporate misconduct: Evidence from China," Finance Research Letters, Elsevier, vol. 75(C).
    19. Ma, Rui & Guo, Fei & Li, Dongdong, 2024. "Can public data availability affect stock price crash risk? Evidence from China," International Review of Financial Analysis, Elsevier, vol. 94(C).
    20. Matheus Eduardo Leusin, 2022. "The Development of Al in Multinational Enterprises - Effects upon Technological Trajectories and Innovation Performance," Bremen Papers on Economics & Innovation 2201, University of Bremen, Faculty of Business Studies and Economics.
    21. Li, Lei & Liu, Bocong & Sheng, Bin & Wang, Tianyu, 2025. "“A tale of two rails”: Transportation infrastructure and technological spillovers from R&D center foreign firms," China Economic Review, Elsevier, vol. 90(C).
    22. Tiago C. Peixoto & Otaviano Canuto, & Luke Jordan, 2024. "AI and the Future of Government: Unexpected Effects and Critical Challenges," Policy briefs on Economic Trends and Policies 2408, Policy Center for the New South.
    23. David Karpa & Torben Klarl & Michael Rochlitz, 2021. "Artificial Intelligence, Surveillance, and Big Data," Bremen Papers on Economics & Innovation 2108, University of Bremen, Faculty of Business Studies and Economics.
    24. Yin, Hua & Yin, Xieyu & Wen, Fenghua, 2025. "Artificial intelligence and climate risk: A double machine learning approach," International Review of Financial Analysis, Elsevier, vol. 103(C).
    25. Huang, Zhehao & Dong, Hao & Liu, Zhaofei & Albitar, Khaldoon, 2025. "Unleashing the empowered effect of data resource on inclusive green growth: Based on double machine learning," Economic Analysis and Policy, Elsevier, vol. 85(C), pages 1270-1290.
    26. Cui, Lijuan & Xu, Yekun, 2025. "Technological change and entrepreneurial activities: Evidence from China," Structural Change and Economic Dynamics, Elsevier, vol. 72(C), pages 330-346.
    27. Li, Jidong & Yuan, Cheng & Huang, Zhichun, 2025. "Invest to win: A study of "Local bias jumping" in China," Journal of Economic Behavior & Organization, Elsevier, vol. 236(C).
    28. Li, Yuetong & Wang, Xinyi & Zheng, Xiaojia, 2024. "Data assets and corporate sustainable development: evidence from ESG in China," Pacific-Basin Finance Journal, Elsevier, vol. 85(C).
    29. Xiaolin Yu & Kai Wan, 2025. "Public data openness and carbon emission reduction in administrative boundary areas," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 74(2), pages 1-30, June.
    30. Christian Peukert & Florian Abeillon & Jérémie Haese & Franziska Kaiser & Alexander Staub, 2024. "Strategic Behavior and AI Training Data," CESifo Working Paper Series 11099, CESifo.
    31. Christian Peukert & Florian Abeillon & J'er'emie Haese & Franziska Kaiser & Alexander Staub, 2024. "AI and the Dynamic Supply of Training Data," Papers 2404.18445, arXiv.org, revised Jun 2025.
    32. Freeman, Richard B. & Yang, Buyuan & Zhang, Baitao, 2023. "Data deepening and nonbalanced economic growth," Journal of Macroeconomics, Elsevier, vol. 75(C).
    33. Daron Acemoglu & Asuman Ozdaglar & James Siderius, 2025. "AI and Social Media: A Political Economy Perspective," NBER Chapters, in: The Political Economy of Artificial Intelligence, National Bureau of Economic Research, Inc.
    34. Martin Beraja & Noam Yuchtman, 2025. "Generalized Disruption: Society, Work, and Property Rights in the Age of AI," NBER Chapters, in: The Political Economy of Artificial Intelligence, National Bureau of Economic Research, Inc.
    35. Shaoxing Sun & Tao Guo & Shaopeng Zhang, 2025. "Guiding corporate green sustainable development: insights from green public procurement," Economic Change and Restructuring, Springer, vol. 58(4), pages 1-22, August.
    36. Jiang, Chun & Li, Shihan & Shen, Qi, 2024. "Science and technology evaluation reform and universities’ innovation performance," Technology in Society, Elsevier, vol. 78(C).
    37. Lee, Yong Suk & Kim, Taekyun & Choi, Sukwoong & Kim, Wonjoon, 2022. "When does AI pay off? AI-adoption intensity, complementary investments, and R&D strategy," Technovation, Elsevier, vol. 118(C).
    38. TANG, Wei & WANG, Yuan & WU, Jiameng, 2025. "Local favoritism in China's public procurement: Information frictions or incentive distortion?," Journal of Urban Economics, Elsevier, vol. 145(C).
    39. Chakraborty, Pavel & Chakrabarti, Anindya S. & Chatterjee, Chirantan, 2023. "Cross-border environmental regulation and firm labor demand," Journal of Environmental Economics and Management, Elsevier, vol. 117(C).
    40. Wang, Fei & Zhou, Yanping, 2025. "Cross-border E-commerce, platform economy, and export product quality," International Business Review, Elsevier, vol. 34(5).
    41. Liu, Yanqi & Ke, Jinjun & Chen, Aihua & Cai, Xiang, 2025. "Judicial independence and corporate innovation: Evidence from China's unified management of local courts reform," International Review of Economics & Finance, Elsevier, vol. 102(C).
    42. Ming, Xin & Wang, Qiang & Liu, Yan, 2025. "The performance implications of R&D collaborations on artificial intelligence," Technovation, Elsevier, vol. 145(C).

  6. Martin Beraja & Christian K. Wolf, 2021. "Demand Composition and the Strength of Recoveries," NBER Working Papers 29304, National Bureau of Economic Research, Inc.

    Cited by:

    1. Christian Ragacs & Richard Sellner & Klaus Vondra, 2021. "Economic recovery aided by coronavirus vaccine rollout. Economic outlook for Austria from 2021 to 2023 (June 2021)," Monetary Policy & the Economy, Oesterreichische Nationalbank (Austrian Central Bank), issue Q2/21, pages 81-115.
    2. Antolín-Díaz, Juan & Drechsel, Thomas & Petrella, Ivan, 2024. "Advances in nowcasting economic activity: The role of heterogeneous dynamics and fat tails," Journal of Econometrics, Elsevier, vol. 238(2).
    3. Francesco Berardini & Fabrizio Renzi, 2022. "Mind the Gap! The (unexpected) impact of COVID-19 pandemic on VAT revenue in Italy," Questioni di Economia e Finanza (Occasional Papers) 669, Bank of Italy, Economic Research and International Relations Area.
    4. Bambi, Mauro & Ghilli, Daria & Gozzi, Fausto & Leocata, Marta, 2024. "Habits and demand changes after COVID-19," Journal of Mathematical Economics, Elsevier, vol. 110(C).
    5. Cardi, Olivier & Restout, Romain, 2023. "Sectoral fiscal multipliers and technology in open economy," Journal of International Economics, Elsevier, vol. 144(C).
    6. Bocquet, L., 2024. "The Network Origin of Slow Labour Reallocation," Janeway Institute Working Papers 2427, Faculty of Economics, University of Cambridge.
    7. Jacques Sapir, 2023. "The Macroeconomic Impact of the New Geopolitical Deal on the French Economy," Studies on Russian Economic Development, Springer, vol. 34(3), pages 308-319, June.
    8. Bocquet, L., 2024. "The Network Origin of Slow Labour Reallocation," Cambridge Working Papers in Economics 2465, Faculty of Economics, University of Cambridge.
    9. Elisa Guglielminetti & Concetta Rondinelli, 2021. "Consumption and saving patterns in Italy during Covid-19," Questioni di Economia e Finanza (Occasional Papers) 620, Bank of Italy, Economic Research and International Relations Area.
    10. Dennis Bonam & Bart Hobijn, 2024. "Downward Price Rigidities and Inflationary Relative Demand Shocks," Working Paper Series WP 2024-11, Federal Reserve Bank of Chicago.
    11. Federico S. Mandelman, 2021. "Money Aggregates, Debt, Pent-Up Demand, and Inflation: Evidence from WWII," Policy Hub, Federal Reserve Bank of Atlanta, vol. 2021(4), pages 1-19, May.
    12. Melanie Koch & Thomas Scheiber, 2022. "Mitigating the impact of the pandemic on personal finances in CESEE: descriptive evidence for 2020," Focus on European Economic Integration, Oesterreichische Nationalbank (Austrian Central Bank), issue Q2/22, pages 63-96.
    13. Boysen-Hogrefe, Jens & Groll, Dominik & Hoffmann, Timo & Jannsen, Nils & Kooths, Stefan & Sonnenberg, Nils & Stamer, Vincent, 2023. "Deutsche Wirtschaft im Winter 2023: Finanzpolitik in Turbulenzen - Gegenwind für die Erholung [German Economy in Winter 2023: Public budget under stress - Recovery faces headwinds]," Kieler Konjunkturberichte 110, Kiel Institute for the World Economy (IfW Kiel).
    14. Hodbod, Alexander & Hommes, Cars & Huber, Stefanie J. & Salle, Isabelle, 2021. "The COVID-19 consumption game-changer: evidence from a large-scale multi-country survey," Working Paper Series 2599, European Central Bank.

  7. Rodrigo Adão & Martin Beraja & Nitya Pandalai-Nayar, 2020. "Technological Transitions with Skill Heterogeneity Across Generations," NBER Working Papers 26625, National Bureau of Economic Research, Inc.

    Cited by:

    1. Arvai Kai & Mann Katja, 2022. "Consumption Inequality in the Digital Age," Working papers 890, Banque de France.
    2. Caunedo, Julieta & Keller, Elisa & Jaume, David, 2021. "Occupational Exposure to Capital-Embodied Technical Change," CEPR Discussion Papers 15759, C.E.P.R. Discussion Papers.
    3. Porzio, Tommaso & Rossi, Federico & Santangelo, Gabriella, 2020. "The Human Side of Structural Transformation," The Warwick Economics Research Paper Series (TWERPS) 1297, University of Warwick, Department of Economics.
    4. Santos, Cezar & Cavalcanti, Tiago & Hasna, Zeina, 2020. "Climate Change Mitigation Policies: Aggregate and Distributional Effects," CEPR Discussion Papers 15419, C.E.P.R. Discussion Papers.
    5. Hennig, Jan-Luca, 2021. "Labor Market Polarization and Intergenerational Mobility: Theory and Evidence," VfS Annual Conference 2021 (Virtual Conference): Climate Economics 242353, Verein für Socialpolitik / German Economic Association.
    6. Alon, Titan & Fershtman, Daniel, 2025. "A dynamic Roy model of academic specialization," Journal of Economic Theory, Elsevier, vol. 229(C).
    7. Arvai, Kai & Mann, Katja, 2022. "Consumption Inequality in the Digital Age," VfS Annual Conference 2022 (Basel): Big Data in Economics 264001, Verein für Socialpolitik / German Economic Association.
    8. Wacks, Johannes, 2021. "Labor Market Polarization with Hand-to-Mouth Households," VfS Annual Conference 2021 (Virtual Conference): Climate Economics 242391, Verein für Socialpolitik / German Economic Association.

  8. Martin Beraja, 2017. "Counterfactual Equivalence in Macroeconomics," 2017 Meeting Papers 1400, Society for Economic Dynamics.

    Cited by:

    1. Yashiv, Eran & Perets, Gadi, 2018. "Lie Symmetries and Essential Restrictions in Economic Optimization," CEPR Discussion Papers 12611, C.E.P.R. Discussion Papers.

  9. Martin Beraja & Andreas Fuster & Erik Hurst & Joseph Vavra, 2017. "Regional Heterogeneity and Monetary Policy," NBER Working Papers 23270, National Bureau of Economic Research, Inc.

    Cited by:

    1. Thomas Hintermaier & Winfried Koeniger, 2018. "Differences in Euro-Area Household Finances and their Relevance for Monetary-Policy Transmission," CESifo Working Paper Series 7088, CESifo.
    2. Koeniger, Winfried & Ramelet, Marc-Antoine, 2018. "Home ownership and monetary policy transmission," CFS Working Paper Series 615, Center for Financial Studies (CFS).
    3. Manfred M. Fischer & Florian Huber & Michael Pfarrhofer & Petra Staufer‐Steinnocher, 2021. "The Dynamic Impact of Monetary Policy on Regional Housing Prices in the United States," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 49(4), pages 1039-1068, December.
    4. Paula Bejarano Carbo & Hailey Low & Ben Caswell & Stephen Millard & Dixon, Huw & Mosley, Max, 2024. "UK Economic Outlook: The Macroeconomic Outlook for the United Kingdom," National Institute UK Economic Outlook, National Institute of Economic and Social Research, issue 13, pages 7-50.
    5. Fergus Cumming, 2018. "Mortgages, cash-flow shocks and local employment," Bank of England working papers 773, Bank of England.
    6. Andreas Fuster & Matthew Plosser & Philipp Schnabl & James Vickery, 2018. "The role of technology in mortgage lending," Staff Reports 836, Federal Reserve Bank of New York.
    7. Bill Wells, 2024. "Box B: Job boom or job bust? The effect of the pandemic on actual and measured job and employment growth," National Institute UK Economic Outlook, National Institute of Economic and Social Research, issue 13, pages 36-41.
    8. Levchenko, Andrei & Cravino, Javier & Lan, Ting, 2018. "Price stickiness along the income distribution and the effects of monetary policy," CEPR Discussion Papers 12967, C.E.P.R. Discussion Papers.
    9. Chi‐Young Choi & Horag Choi & Alexander Chudik, 2020. "Regional inequality in the U.S.: Evidence from city‐level purchasing power," Journal of Regional Science, Wiley Blackwell, vol. 60(4), pages 738-774, September.
    10. Tomasz Piskorski & Amit Seru, 2018. "Debt Relief and Slow Recovery: A Decade after Lehman," NBER Working Papers 25403, National Bureau of Economic Research, Inc.
    11. Nina Boyarchenko & Matthew Plosser & Valentin Haddad, 2018. "Federal Reserve and Market Confidence," 2018 Meeting Papers 781, Society for Economic Dynamics.
    12. Stephan Luck & Tom Zimmermann, 2018. "Employment Effects of Unconventional Monetary Policy : Evidence from QE," Finance and Economics Discussion Series 2018-071, Board of Governors of the Federal Reserve System (U.S.).
    13. Pabst, Adrian, 2024. "Foreward," National Institute UK Economic Outlook, National Institute of Economic and Social Research, issue 13, pages 3-4.
    14. Manfred M. Fischer & Florian Huber & Michael Pfarrhofer & Petra Staufer-Steinnocher, 2018. "The dynamic impact of monetary policy on regional housing prices in the US: Evidence based on factor-augmented vector autoregressions," Papers 1802.05870, arXiv.org.
    15. Chen Lian & Yueran Ma & Carmen Wang, 2019. "Low Interest Rates and Risk-Taking: Evidence from Individual Investment Decisions," The Review of Financial Studies, Society for Financial Studies, vol. 32(6), pages 2107-2148.
    16. Simon Schairer, 2024. "The contradictions of unconventional monetary policy as a post-2008 thwarting mechanism: financial dominance, shadow banking, and inequality," Review of Evolutionary Political Economy, Springer, vol. 5(1), pages 1-29, June.
    17. Adam M. Guren & Arvind Krishnamurthy & Timothy J. McQuade, 2018. "Mortgage Design in an Equilibrium Model of the Housing Market," NBER Working Papers 24446, National Bureau of Economic Research, Inc.
    18. Niesr, 2024. "National Institute UK Economic Outlook Winter 2024 – Summary," National Institute UK Economic Outlook, National Institute of Economic and Social Research, issue 13, pages 5-5.
    19. Bhattacharjee, Arnab & Pabst, Adrian & Caswell, Ben & Robyn Smith & Szendrei, Tibor, 2024. "Outlook for UK Households, the Devolved Nations and the English Regions," National Institute UK Economic Outlook, National Institute of Economic and Social Research, issue 13, pages 51-87.
    20. Xiaoqing Zhou, 2018. "Home Equity Extraction and the Boom-Bust Cycle in Consumption and Residential Investment," 2018 Meeting Papers 795, Society for Economic Dynamics.
    21. Tomasz Piskorski & Amit Seru, 2018. "Mortgage Market Design: Lessons from the Great Recession," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 49(1 (Spring), pages 429-513.
    22. Atif R. Mian & Amir Sufi, 2018. "Finance and Business Cycles: The Credit-Driven Household Demand Channel," NBER Working Papers 24322, National Bureau of Economic Research, Inc.
    23. Anthony DeFusco & John Mondragon, 2018. "No Job, No Money, No Refi: Frictions to Refinancing in a Recession," 2018 Meeting Papers 1293, Society for Economic Dynamics.
    24. Matteo Benetton & Philippe Bracke & João F Cocco & Nicola Garbarino, 2019. "Housing consumption and investment:evidence from shared equity mortgages," Bank of England working papers 790, Bank of England.
    25. Matteo Benetton & Davide Fantino, 2018. "Competition and the pass-through of unconventional monetary policy: evidence from TLTROs," Temi di discussione (Economic working papers) 1187, Bank of Italy, Economic Research and International Relations Area.
    26. Bruno Albuquerque, 2017. "One Size Fits All? Monetary Policy And Asymmetric Household Debt Cycles In Us States," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 17/937, Ghent University, Faculty of Economics and Business Administration.
    27. Chi-Young Choi & Alexander Chudik, 2017. "Geographic Inequality of Economic Well-being among U.S. Cities: Evidence from Micro Panel Data," Globalization Institute Working Papers 330, Federal Reserve Bank of Dallas.
    28. Jack Shaw, 2024. "Box C: The state of local government finances," National Institute UK Economic Outlook, National Institute of Economic and Social Research, issue 13, pages 79-83.
    29. Niesr, 2024. "Forecast tables," National Institute UK Economic Outlook, National Institute of Economic and Social Research, issue 13, pages 88-96.
    30. Segev, Nimrod & Schaffer, Matthew, 2020. "Monetary policy, bank competition and regional credit cycles: Evidence from a quasi-natural experiment," Journal of Corporate Finance, Elsevier, vol. 64(C).
    31. François Geerolf & Thomas Grjebine, 2018. "Property Tax Shocks and Macroeconomics," Working Papers 2018-03, CEPII research center.
    32. Francisco Sebastian, 2024. "Box A: Implications of the transition from Defined Benefit to Defined Contribution pensions in the UK," National Institute UK Economic Outlook, National Institute of Economic and Social Research, issue 13, pages 29-33.

  10. Martin Beraja & Erik Hurst & Juan Ospina, 2016. "The Aggregate Implications of Regional Business Cycles," NBER Working Papers 21956, National Bureau of Economic Research, Inc.

    Cited by:

    1. Bellifemine, Marco & Couturier, Adrien & Jamilov, Rustam, 2025. "Monetary unions with heterogeneous fiscal space," Journal of International Economics, Elsevier, vol. 156(C).
    2. de Groot, Oliver & Hauptmeier, Sebastian & Holm-Hadulla, Fédéric & Nikalexi, Katerina, 2020. "Monetary policy and regional inequality," Working Paper Series 2385, European Central Bank.
    3. Makridis, Christos & McNab, Robert, 2020. "The Fiscal Cost of COVID-19: Evidence from the States," Working Papers 10702, George Mason University, Mercatus Center.
    4. Bhattarai, Saroj & Schwartzman, Felipe & Yang, Choongryul, 2021. "Local scars of the US housing crisis," Journal of Monetary Economics, Elsevier, vol. 119(C), pages 40-57.
    5. Auclert, Adrien & Dobbie, Will & Goldsmith-Pinkham, Paul, 2019. "Macroeconomic Effects of Debt Relief: Consumer Bankruptcy Protections in the Great Recession," CEPR Discussion Papers 13598, C.E.P.R. Discussion Papers.
    6. Bouvard, Matthieu & de Motta, Adolfo, 2021. "Labor leverage, coordination failures, and aggregate risk," TSE Working Papers 21-1179, Toulouse School of Economics (TSE).
    7. Fornaro, Luca & Wolf, Martin, 2023. "The scars of supply shocks: Implications for monetary policy," Journal of Monetary Economics, Elsevier, vol. 140(S), pages 18-36.
    8. John Grigsby & Erik Hurst, 2019. "Aggregate Nominal Wage Adjustments: New Evidence from Administrative Payroll Data," 2019 Meeting Papers 153, Society for Economic Dynamics.
    9. Xavier Giroud & Holger M. Mueller, 2017. "Firms' Internal Networks and Local Economic Shocks," NBER Working Papers 23176, National Bureau of Economic Research, Inc.
    10. Christian Matthes & Felipe Schwartzman, 2019. "The Demand Origins of Business Cycles," 2019 Meeting Papers 1122, Society for Economic Dynamics.
    11. Shira Buzaglo-Baris, 2024. "Wage and Price Inflation: An Industry-Level Study," Bank of Israel Working Papers 2024.09, Bank of Israel.
    12. Callum Jones, 2018. "Household Leverage and the Recession," 2018 Meeting Papers 933, Society for Economic Dynamics.
    13. Xavier Giroud & Holger M. Mueller, 2016. "Redistribution of Local Labor Market Shocks through Firms’ Internal Networks," NBER Working Papers 22396, National Bureau of Economic Research, Inc.
    14. Christopher L. House & Christian Proebsting & Linda L. Tesar, 2019. "Regional Effects of Exchange Rate Fluctuations," NBER Working Papers 26071, National Bureau of Economic Research, Inc.
    15. Joseph Vavra & Erik Hurst & Andreas Fuster & Martin Beraja, 2017. "Regional Heterogeneity and Monetary Policy," 2017 Meeting Papers 270, Society for Economic Dynamics.
    16. Patrick Kehoe & Pierlauro Lopez & Virgiliu Midrigan & Elena Pastorino, 2020. "On the Importance of Household versus Firm Credit Frictions in the Great Recession," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 37, pages 34-67, August.
    17. Baqaee, David Rezza & Farhi, Emmanuel, 2017. "The macroeconomic impact of microeconomic shocks: beyond Hulten's Theorem," LSE Research Online Documents on Economics 87167, London School of Economics and Political Science, LSE Library.
    18. Leonardo Fabio Morales & Leonardo Bonilla‐Mejía & Jose Pulido & Luz A. Flórez & Didier Hermida & Karen L. Pulido‐Mahecha & Francisco Lasso‐Valderrama, 2022. "Effects of the COVID‐19 pandemic on the Colombian labour market: Disentangling the effect of sector‐specific mobility restrictions," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 55(S1), pages 308-357, February.
    19. John Stachurski & Junnan Zhang, 2019. "Dynamic Programming with State-Dependent Discounting," Papers 1908.08800, arXiv.org, revised Oct 2020.
    20. Broer, Tobias & Krusell, Per & Öberg, Erik, 2021. "Fiscal Multipliers: A Heterogeneous-Agent Perspective," CEPR Discussion Papers 15685, C.E.P.R. Discussion Papers.
    21. Jo, Yoon Joo, 2025. "Beyond the spike at zero: Understanding nominal wage rigidity through empirical and model-based approaches," Journal of International Economics, Elsevier, vol. 157(C).
    22. Saroj Bhattarai & Felipe Schwartzman & Choongryul Yang, 2019. "The Persistent Employment Effects of the 2006-09 U.S. Housing Wealth Collapse," Working Paper 19-7, Federal Reserve Bank of Richmond.
    23. Kerwin Kofi Charles & Erik Hurst & Mariel Schwartz, 2018. "The Transformation of Manufacturing and the Decline in U.S. Employment," NBER Working Papers 24468, National Bureau of Economic Research, Inc.
    24. Yagan, Danny, 2016. "The Enduring Employment Impact of Your Great Recession Location," Institute for Research on Labor and Employment, Working Paper Series qt12d0w9bs, Institute of Industrial Relations, UC Berkeley.
    25. Mueller, Holger & Giroud, Xavier, 2016. "Redistribution of Local Demand Shocks through Firms' Internal Networks," CEPR Discussion Papers 11384, C.E.P.R. Discussion Papers.
    26. Bouakez, Hafedh & Rachedi, Omar & Santoro, Emiliano, 2025. "The sectoral origins of heterogeneous spending multipliers," Journal of Public Economics, Elsevier, vol. 248(C).
    27. Mark Aguiar & Mark Bils & Kerwin Kofi Charles & Erik Hurst, 2017. "Leisure Luxuries and the Labor Supply of Young Men," NBER Working Papers 23552, National Bureau of Economic Research, Inc.
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    1. Fergus Cumming & Paul Hubert, 2019. "The role of households' borrowing constraints in the transmission of monetary policy," Sciences Po Economics Publications (main) hal-03403257, HAL.
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    3. Gianni La Cava & Calvin He, 2021. "The Distributional Effects of Monetary Policy: Evidence from Local Housing Markets in Australia," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 54(3), pages 387-397, September.
    4. Andrea Orame & Rodney Ramcharan & Roberto Robatto, 2023. "Quantitative easing, accounting and prudential frameworks, and bank lending," Temi di discussione (Economic working papers) 1412, Bank of Italy, Economic Research and International Relations Area.
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    6. Christelis, Dimitris & Georgarakos, Dimitris & Jappelli, Tullio & Pistaferri, Luigi & Rooij, Maarten van, 2021. "Heterogeneous wealth effects," European Economic Review, Elsevier, vol. 137(C).
    7. William D. Larson, 2022. "Effects of Mortgage Interest Rates on House Price Appreciation: The Role of Payment Constraints," FHFA Staff Working Papers 22-04, Federal Housing Finance Agency.
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    46. Olivia Bordeu & Gustavo González & Marcos Sorá, 2025. "Bank Competition and Investment Costs across Space," Working Papers Central Bank of Chile 1042, Central Bank of Chile.
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    68. Greg Buchak & Gregor Matvos & Tomasz Piskorski & Amit Seru, 2018. "Beyond the Balance Sheet Model of Banking: Implications for Bank Regulation and Monetary Policy," NBER Working Papers 25149, National Bureau of Economic Research, Inc.
    69. Hauptmeier, Sebastian & Holm-Hadulla, Fédéric & Renault, Théodore, 2022. "Risk sharing and monetary policy transmission," Working Paper Series 2746, European Central Bank.
    70. Pizzuto, Pietro, 2020. "Regional effects of monetary policy in the U.S.: An empirical re-assessment," Economics Letters, Elsevier, vol. 190(C).
    71. Archawa Paweenawat & Robert Townsend, 2019. "The Impact of Regional Isolationism: Disentangling Real and Financial Factors," PIER Discussion Papers 109, Puey Ungphakorn Institute for Economic Research.
    72. Abhishek Nagaraj & Fernando Stipanicic & Matteo Tranchero, 2024. "The Importance of Confidential Microdata for Economic Research," NBER Chapters, in: Data Privacy Protection and the Conduct of Applied Research: Methods, Approaches and their Consequences, National Bureau of Economic Research, Inc.
    73. Ronel Elul & Aaron Payne & Sebastian Tilson, 2023. "Owner‐occupancy fraud and mortgage performance," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 51(5), pages 1137-1177, September.
    74. Christa Gibbs & Benedict Guttman-Kenney & Donghoon Lee & Scott Nelson & Wilbert van der Klaauw & Jialan Wang, 2025. "Consumer Credit Reporting Data," Journal of Economic Literature, American Economic Association, vol. 63(2), pages 598-636, June.
    75. Paul Hubert & Frédérique Savignac, 2023. "Monetary Policy and Labor Income Inequality: the Role of Extensive and Intensive Margins," Working papers 913, Banque de France.
    76. Gayane L. Beklaryan & Andranik S. Akopov, 2019. "Modelling the Efficiency of the Use of Production and Investment Resources at the Regional Level: The Case of Russia," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(3), pages 151-166.
    77. Hubert Paul, 2021. "Does household mortgage debt influence the transmission of monetary policy in the United Kingdom? [L’endettement immobilier des ménages influence-t-il la transmission de la politique monétaire au R," Bulletin de la Banque de France, Banque de France, issue 236.
    78. Choi, Dong Beom & Jeong, Seongjun, 2025. "CSR scores versus actual impacts: Banks’ main street lending during the great recession," Journal of Banking & Finance, Elsevier, vol. 172(C).
    79. Sumit Agarwa & Yongheng Deng & Quanlin Gu & Jia He & Wenlan Qian & Yuan Ren, 2022. "Mortgage Debt, Hand-to-Mouth Households, and Monetary Policy Transmission [Policy intervention in debt renegotiation: evidence from the home affordable modification program]," Review of Finance, European Finance Association, vol. 26(3), pages 487-520.
    80. Ben Moll, 2020. "The Research Agenda: Ben Moll on the Rich Interactions between Inequality and the Macroeconomy," EconomicDynamics Newsletter, Review of Economic Dynamics, vol. 21(2), November.
    81. António Afonso & Francisco Gomes Pereira, 2025. "Unconventional monetary policy in the Euro area: Impacts on loans, employment, and investment," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 30(1), pages 190-220, January.
    82. Cui, Baisheng & Li, Jiaqi & Zhang, Yi, 2024. "Asymmetries in the international spillover effects of monetary policy: Based on TGVAR model," The North American Journal of Economics and Finance, Elsevier, vol. 69(PA).
    83. Andreas Fuster & David O. Lucca & James Vickery, 2022. "Mortgage-Backed Securities," Staff Reports 1001, Federal Reserve Bank of New York.
    84. Andriantomanga, Zo & Kishor, N. Kundan & Kumar, Labesh, 2025. "Interest Rate Misalignments and Monetary Policy Effects: Evidence from U.S. States," MPRA Paper 124748, University Library of Munich, Germany.
    85. W. Ben McCartney & Avni Shah, 2021. "Household Mortgage Refinancing Decisions Are Neighbor Influenced," Working Papers 21-16, Federal Reserve Bank of Philadelphia.
    86. Virgiliu Midrigan & Denis Gorea, 2017. "Liquidity Constraints in the U.S. Housing Market," 2017 Meeting Papers 802, Society for Economic Dynamics.
    87. Bhutta, Neil & Ringo, Daniel, 2021. "The effect of interest rates on home buying: Evidence from a shock to mortgage insurance premiums," Journal of Monetary Economics, Elsevier, vol. 118(C), pages 195-211.
    88. Fergus Cumming & Paul Hubert, 2019. "The Role of Households' Borrowing Constraints in the Transmission of Monetary Policy This paper investigates how the transmission of monetary policy to the real economy depends on the distribution of ," Documents de Travail de l'OFCE 2019-20, Observatoire Francais des Conjonctures Economiques (OFCE).
    89. Khuderchuluun Batsukh & Nicolas Groshenny & Naveed Javed, 2025. "Monetary policy transmission and household indebtedness in Australia," TEPP Working Paper 2025-02, TEPP.

Articles

  1. Martin Beraja & Erik Hurst & Juan Ospina, 2019. "The Aggregate Implications of Regional Business Cycles," Econometrica, Econometric Society, vol. 87(6), pages 1789-1833, November.
    See citations under working paper version above.
  2. Martin Beraja & Andreas Fuster & Erik Hurst & Joseph Vavra, 2019. "Regional Heterogeneity and the Refinancing Channel of Monetary Policy," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 134(1), pages 109-183.
    See citations under working paper version above.
  3. Fernando Alvarez & Martin Beraja & Martín Gonzalez-Rozada & Pablo Andrés Neumeyer, 2019. "From Hyperinflation to Stable Prices: Argentina’s Evidence on Menu Cost Models," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 134(1), pages 451-505.

    Cited by:

    1. Makoto Nirei & José A. Scheinkman, 2021. "Repricing Avalanches," CARF F-Series CARF-F-510, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
    2. Sarah Arndt & Zeno Enders, 2023. "The Transmission of Supply Shocks in Different Inflation Regimes," CESifo Working Paper Series 10839, CESifo.
    3. Erwan Gautier & Cristina Conflitti & Riemer P. Faber & Brian Fabo & Ludmila Fadejeva & Valentin Jouvanceau & Jan-Oliver Menz & Teresa Messner & Pavlos Petroulas & Pau Roldan-Blanco & Fabio Rumler & Se, 2022. "New Facts on Consumer Price Rigidity in the Euro Area," Working papers 878, Banque de France.
    4. De Santis, Roberto A. & Tornese, Tommaso, 2023. "Energy supply shocks’ nonlinearities on output and prices," Working Paper Series 2834, European Central Bank.
    5. Ryan Niladri Banerjee & Aaron Mehrotra & Fabrizio Zampolli, 2020. "Inflation at risk from Covid-19," BIS Bulletins 28, Bank for International Settlements.
    6. Hugh Montag & Daniel Villar, 2022. "Price-Setting During the Covid Era," Economic Working Papers 547, Bureau of Labor Statistics.
    7. Philippe Andrade & Jordi Gali & Hervé Le Bihan & Julien Matheron, 2021. "Should the ECB Adjust its Strategy in the Face of a Lower r*?," Working papers 811, Banque de France.
    8. Hugh Montag & Daniel Villar Vallenas, 2025. "Post-Pandemic Price Flexibility in the U.S.: Evidence and Implications for Price Setting Models," Finance and Economics Discussion Series 2025-024, Board of Governors of the Federal Reserve System (U.S.).
    9. Rodrigo Cerda & Alvaro Silva & Rolf Lüders, 2021. "Price controls, hyperinflation, and the inflation–relative price variability relationship," Empirical Economics, Springer, vol. 61(4), pages 1725-1748, October.
    10. Adam, Klaus & Weber, Henning, 2020. "Estimating the optimal inflation target from trends in relative prices," Working Paper Series 2370, European Central Bank.
    11. Banerjee, Ryan & Contreras, Juan & Mehrotra, Aaron & Zampolli, Fabrizio, 2024. "Inflation at risk in advanced and emerging market economies," Journal of International Money and Finance, Elsevier, vol. 142(C).
    12. Karadi, Peter & Amann, Juergen & Bachiller, Javier Sánchez & Seiler, Pascal & Wursten, Jesse, 2023. "Price setting on the two sides of the Atlantic - Evidence from supermarket scanner data," Journal of Monetary Economics, Elsevier, vol. 140(S), pages 1-17.
    13. Takushi Kurozumi & Willem Van Zandweghe, 2021. "Macroeconomic Changes with Declining Trend Inflation: Complementarity with the Superstar Firm Hypothesis," Bank of Japan Working Paper Series 21-E-13, Bank of Japan.
    14. Gabriel, Ricardo Duque, 2023. "Monetary policy and the wage inflation-unemployment tradeoff," European Economic Review, Elsevier, vol. 159(C).
    15. Gee Hee Hong & Matthew Klepacz & Ernesto Pasten & Raphael Schoenle, 2021. "The Real Effects of Monetary Shocks: Evidence from Micro Pricing Moments," Working Papers 21-17, Federal Reserve Bank of Cleveland.
    16. Fernando Alvarez & Andy Neumeyer, 2019. "The Pass-Through of Large Cost Shocks in an Inflationary Economy," Working Papers Central Bank of Chile 844, Central Bank of Chile.
    17. Giulietti, Monica & Otero, Jesús & Waterson, Michael, 2020. "Rigidities and adjustments of daily prices to costs: Evidence from supermarket data," Journal of Economic Dynamics and Control, Elsevier, vol. 116(C).
    18. Roben Kloosterman & Dennis Bonam & Koen van der Veer, 2022. "The effects of monetary policy across fiscal regimes," Working Papers 755, DNB.
    19. Cristina Conflitti & Riemer P. Faber & Brian Fabo & Ludmila Fadejeva & Erwan Gautier & Valentin Jouvanceau & Jan-Oliver Menz & Teresa Messner & Pavlos Petroulas & Pau Roldan-Blanco & Fabio Rumler & Se, 2022. "New Facts on Consumer Price Rigidity in the Euro Area (Erwan Gautier, Cristina Conflitti, Riemer P. Faber, Brian Fabo, Ludmila Fadejeva, Valentin Jouvanceau, Jan-Oliver Menz, Teresa Messner, Pavlos Pe," Working Papers 240, Oesterreichische Nationalbank (Austrian Central Bank).
    20. Nicoletta Berardi & Federico Ravenna & Mario Samano, 2024. "Everyday Regular Prices in a Multi-Product Retailer," Carlo Alberto Notebooks 733 JEL Classification: E, Collegio Carlo Alberto.
    21. Kakuho Furukawa & Yoshihiko Hogen & Kazuki Otaka & Nao Sudo, 2024. "On the Zero-Inflation Norm of Japanese Firms," IMES Discussion Paper Series 24-E-15, Institute for Monetary and Economic Studies, Bank of Japan.
    22. Pablo Andrés Neumeyer & Martín González-Rozada & Can Soylu, 2024. "Inflation in Ethiopia," Department of Economics Working Papers 2025_05, Universidad Torcuato Di Tella.
    23. Auer, Raphael & Burstein, Ariel & Lein, Sarah & Vogel, Jonathan, 2023. "Unequal expenditure switching: Evidence from Switzerland," Working papers 2023/09, Faculty of Business and Economics - University of Basel.
    24. Teles, Pedro & Tristani, Oreste, 2024. "The monetary financing of a large fiscal shock," Journal of Monetary Economics, Elsevier, vol. 147(S).
    25. Okan Akarsu & Emrehan Aktuğ & Huzeyfe Torun, 2025. "Inflation Expectations and Firms' Decisions in High Inflation: Evidence from a Randomized Control Trial," CESifo Working Paper Series 12210, CESifo.
    26. Canales, Mario & Lopez-Martin, Bernabe, 2024. "Exchange rates, uncertainty, and price-setting: Evidence from CPI microdata," Economic Modelling, Elsevier, vol. 139(C).
    27. Ryan Niladri Banerjee & Juan Contreras & Aaron Mehrotra & Fabrizio Zampolli, 2020. "Inflation at risk in advanced and emerging economies," BIS Working Papers 883, Bank for International Settlements.
    28. Núñez, Héctor M. & Otero, Jesús & Trujillo-Barrera, Andrés, 2023. "Wholesale price rigidities and exchange rate pass-through: Evidence from daily data of agricultural products," International Economics, Elsevier, vol. 176(C).
    29. Maximilian Gödl & Isabel Gödl-Hanisch, 2024. "Wage Setting in Times of High and Low Inflation," CESifo Working Paper Series 11319, CESifo.
    30. Lucia Mandongwe & Stanley Murairwa & Phamela Dube, 2022. "A Theoretical Assessment of the Operational Budgets in Hyperinflation Countries, Lessons from Boarding Schools in Zimbabwe: Effects and Survival Strategies," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 6(6), pages 669-677, June.
    31. Francisca Sara-Zaror, 2024. "Inflation, Price Dispersion, and Welfare: The Role of Consumer Search," Finance and Economics Discussion Series 2024-047, Board of Governors of the Federal Reserve System (U.S.).
    32. De Santis, Roberto A. & Tornese, Tommaso, 2025. "Energy supply shocks’ nonlinearities on output and prices," European Economic Review, Elsevier, vol. 176(C).
    33. Markus K. Brunnermeier & Sergio Correia & Stephan Luck & Emil Verner & Tom Zimmermann, 2024. "The Debt-Inflation Channel of the German (Hyper-)Inflation," Papers 2405.13296, arXiv.org.
    34. Elosegui Pedro Luis & Sangiacomo Maximo, 2023. "Firm’s Price Expectations: An Empirical Analysis using BCRAs’ Survey of Business Economic Perspectives," Asociación Argentina de Economía Política: Working Papers 4650, Asociación Argentina de Economía Política.
    35. Joao Guerreiro & Jonathon Hazell & Chen Lian & Christina Patterson, 2024. "Why Do Workers Dislike Inflation? Wage Erosion and Conflict Costs," Discussion Papers 2440, Centre for Macroeconomics (CFM).
    36. Peter Karadi & Anton Nakov & Galo Nuño & Ernesto Pastén & Dominik Thaler, 2024. "Strike while the Iron is Hot - Optimal Monetary Policy with a Nonlinear Phillips Curve," Working Papers Central Bank of Chile 1025, Central Bank of Chile.
    37. Adolfsen, Jakob Feveile & Ferrari Minesso, Massimo & Mork, Jente Esther & Van Robays, Ine, 2024. "Gas price shocks and euro area inflation," Journal of International Money and Finance, Elsevier, vol. 149(C).
    38. Rabitsch-Schilcher, Katrin & Marsal, Ales & Kaszab, Lorant, 2023. "From Linear to Nonlinear: Rethinking Inflation Dynamics in the Calvo Pricing Mechanism," Department of Economics Working Paper Series 350, WU Vienna University of Economics and Business.
    39. Chen, Haixia & Le, Vo Phuong Mai & Meenagh, David & Minford, Patrick, 2023. "UK Monetary Policy in An Estimated DSGE Model with State-Dependent Price and Wage Contracts," Cardiff Economics Working Papers E2023/22, Cardiff University, Cardiff Business School, Economics Section.
    40. Okan Akarsu & Emrehan Aktug & Kubra Yildiz Ozertas & Huzeyfe Torun, 2025. "Inflation Expectations and Information Rigidity: A Randomized Control Trial," CBT Research Notes in Economics 2514, Research and Monetary Policy Department, Central Bank of the Republic of Turkey.
    41. Karadi, Peter & Nakov, Anton & Nuño, Galo & Pasten, Ernesto & Thaler, Dominik, 2025. "Strike while the iron is hot – optimal monetary policy under state-dependent pricing," Working Paper Series 3068, European Central Bank.
    42. Cecion, Martina & Coenen, Günter & Gerke, Rafael & Le Bihan, Hervé & Motto, Roberto & Aguilar, Pablo & Ajevskis, Viktors & Giesen, Sebastian & Albertazzi, Ugo & Gilbert, Niels & Al-Haschimi, Alexander, 2021. "The ECB’s price stability framework: past experience, and current and future challenges," Occasional Paper Series 269, European Central Bank.
    43. Claudio Borio & Marco Jacopo Lombardi & James Yetman & Egon Zakrajsek, 2023. "The two-regime view of inflation," BIS Papers, Bank for International Settlements, number 133.
    44. Mukhin, Dmitry, 2022. "An equilibrium model of the international price system," LSE Research Online Documents on Economics 112500, London School of Economics and Political Science, LSE Library.
    45. Guerreiro, Joao & Hazell, Jonathon & Lian, Chen & Patterson, Christina, 2024. "Why Do Workers Dislike Inflation? Wage Erosion and Conflict Costs," IZA Discussion Papers 17339, Institute of Labor Economics (IZA).
    46. Andrade, Philippe & Galí, Jordi & Le Bihan, Hervé & Matheron, Julien, 2021. "Should the ECB adjust its strategy in the face of a lower r★?," Journal of Economic Dynamics and Control, Elsevier, vol. 132(C).
    47. Pablo Andrés Neumeyer & Juan Pablo Nicolini, 2024. "The Incredible Taylor Principle," Department of Economics Working Papers 2025_07, Universidad Torcuato Di Tella.
    48. Sheremirov, Viacheslav, 2020. "Price dispersion and inflation: New facts and theoretical implications," Journal of Monetary Economics, Elsevier, vol. 114(C), pages 59-70.
    49. Flynn, Joel P. & Sastry, Karthik A., 2023. "Strategic mistakes," Journal of Economic Theory, Elsevier, vol. 212(C).
    50. Nicolas Caramp & Dejanir Silva, 2023. "Fiscal Policy and the Monetary Transmission Mechanism," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 51, pages 716-746, December.
    51. Andrés Blanco & Bernardo Diaz de Astarloa & Andres Drenik & Christian Moser & Danilo R. Trupkin, 2022. "The evolution of the earnings distribution in a volatile economy: Evidence from Argentina," Quantitative Economics, Econometric Society, vol. 13(4), pages 1361-1403, November.
    52. Garzon, Antonio J. & Hierro, Luis A., 2021. "Asymmetries in the transmission of oil price shocks to inflation in the eurozone," Economic Modelling, Elsevier, vol. 105(C).
    53. Luca Dedola & Erwan Gautier & Chiara Osbat & Sergio Santoro, 2024. "Price Stickiness in the Euro Area," Working papers 958, Banque de France.
    54. Okan Akarsu & Emrehan Aktug & Muserref Kucukbayrak, 2025. "Hand-to-Mouth Households in the Eurosystem and the Transmission of Monetary Policy," Working Papers 2506, Research and Monetary Policy Department, Central Bank of the Republic of Turkey.
    55. Kurozumi, Takushi & Van Zandweghe, Willem, 2024. "Output-inflation trade-offs and the optimal inflation rate," Journal of Economic Dynamics and Control, Elsevier, vol. 164(C).
    56. Luo, Shaowen & Villar, Daniel, 2021. "The price adjustment hazard function: Evidence from high inflation periods," Journal of Economic Dynamics and Control, Elsevier, vol. 130(C).
    57. Gautier, Erwan & Karadi, Peter & Conflitti, Cristina & Fabo, Brian & Fadejeva, Ludmila & Fuss, Catherine & Kosma, Theodora & Jouvanceau, Valentin & Martins, Fernando & Menz, Jan-Oliver & Messner, Tere, 2023. "Price adjustment in the euro area in the low-inflation period: evidence from consumer and producer micro price data," Occasional Paper Series 319, European Central Bank.
    58. Gödl, Maximilian & Gödl-Hanisch, Isabel, 2023. "Wage Setting in Times of High and Low Inflation," VfS Annual Conference 2023 (Regensburg): Growth and the "sociale Frage" 277641, Verein für Socialpolitik / German Economic Association.
    59. Le, Vo Phuong Mai & Meenagh, David & Minford, Patrick, 2021. "State-dependent pricing turns money into a two-edged sword: A new role for monetary policy," Journal of International Money and Finance, Elsevier, vol. 119(C).
    60. Ryan Niladri Banerjee & Valerie Boctor & Aaron Mehrotra & Fabrizio Zampolli, 2022. "Fiscal deficits and inflation risks: the role of fiscal and monetary policy regimes," BIS Working Papers 1028, Bank for International Settlements.

Chapters

  1. Martin Beraja & Noam Yuchtman, 2025. "Generalized Disruption: Society, Work, and Property Rights in the Age of AI," NBER Chapters, in: The Political Economy of Artificial Intelligence, National Bureau of Economic Research, Inc.

    Cited by:

    1. Chiara Farronato, 2025. "Data As the New Oil: Parallels, Challenges, and Regulatory Implications," NBER Chapters, in: The Political Economy of Artificial Intelligence, National Bureau of Economic Research, Inc.

  2. Martin Beraja & Wenwei Peng & David Y. Yang & Noam Yuchtman, 2024. "Government as Venture Capitalists in Artificial Intelligence," NBER Chapters, in: Entrepreneurship and Innovation Policy and the Economy, volume 4, pages 81-102, National Bureau of Economic Research, Inc.

    Cited by:

    1. Raffaele Gallo & Federico Maria Signoretti & Ilaria Supino & Enrico Sette & Paolo Cantatore & Marco Luigi Fabbri, 2025. "The Italian venture capital market," Questioni di Economia e Finanza (Occasional Papers) 919, Bank of Italy, Economic Research and International Relations Area.

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