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Greg Warren Kaplan

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. Greg Kaplan, 2012. "Moving Back Home: Insurance against Labor Market Risk," Journal of Political Economy, University of Chicago Press, vol. 120(3), pages 446-512.

    Mentioned in:

    1. Moving back home- Determining the household size!
      by paragwaknis in Musings of the Sorts on 2013-05-07 09:50:57
    2. The parental home as unemployment insurance
      by Economic Logician in Economic Logic on 2010-05-17 19:47:00
    3. Parents as Unemployment Insurance
      by Mark Thoma in Economist's View on 2010-05-18 12:15:00
  2. Mark Huggett & Greg Kaplan, 2012. "The Money Value of a Man," NBER Working Papers 18066, National Bureau of Economic Research, Inc.

    Mentioned in:

    1. The value of human capital
      by Economic Logician in Economic Logic on 2012-06-01 19:10:00
  3. Greg Kaplan & Sam Schulhofer-Wohl, 2012. "Understanding the long-run decline in interstate migration," Working Papers 697, Federal Reserve Bank of Minneapolis.

    Mentioned in:

    1. Does Moving for a Job Mean Higher Wages?
      by Guest Author in The Big Picture on 2015-06-04 14:00:28
  4. Greg Kaplan, 2010. "Moving back home: insurance against labor market risk," Working Papers 677, Federal Reserve Bank of Minneapolis.

    Mentioned in:

    1. Moving back home- Determining the household size!
      by paragwaknis in Musings of the Sorts on 2013-05-07 09:50:57
    2. The parental home as unemployment insurance
      by Economic Logician in Economic Logic on 2010-05-17 19:47:00
    3. Parents as Unemployment Insurance
      by Mark Thoma in Economist's View on 2010-05-18 12:15:00
  5. Greg Kaplan & Guido Menzio, 2012. "Shopping Externalities and Self-Fulfilling Unemployment Fluctuations," PIER Working Paper Archive 12-048, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.

    Mentioned in:

    1. The unemployed should shop less for bargains, and they would not be unemployed
      by Economic Logician in Economic Logic on 2013-01-28 21:20:00
  6. Greg Kaplan & Benjamin Moll & Giovanni L. Violante, 2017. "Monetary Policy According to HANK," IMES Discussion Paper Series 17-E-04, Institute for Monetary and Economic Studies, Bank of Japan.

    Mentioned in:

    1. Monetary Policy According to HANK
      by Christian Zimmermann in NEP-DGE blog on 2017-07-11 01:32:58
  7. Greg Kaplan & Giovanni L. Violante, 2011. "A Model of the Consumption Response to Fiscal Stimulus Payments," NBER Working Papers 17338, National Bureau of Economic Research, Inc.

    Mentioned in:

    1. Who spent the 2001 Bush tax rebate?
      by Economic Logician in Economic Logic on 2011-09-14 19:37:00
    2. A Model of the Consumption Response to Fiscal Stimulus Payments
      by Christian Zimmermann in NEP-DGE blog on 2011-08-31 19:32:20
  8. Lorraine Dearden & Emla Fitzsimons & Alissa Goodman & Greg Kaplan, 2008. "Higher Education Funding Reforms in England: The Distributional Effects and the Shifting Balance of Costs," Economic Journal, Royal Economic Society, vol. 118(526), pages 100-125, February.

    Mentioned in:

    1. Human capital policies and inequality in recessions’ times
      by laurence-df in OFCE le blog on 2012-12-20 16:52:08

Wikipedia or ReplicationWiki mentions

(Only mentions on Wikipedia that link back to a page on a RePEc service)
  1. Greg Kaplan, 2012. "Moving Back Home: Insurance against Labor Market Risk," Journal of Political Economy, University of Chicago Press, vol. 120(3), pages 446-512.

    Mentioned in:

    1. Moving Back Home: Insurance against Labor Market Risk (JPE 2012) in ReplicationWiki ()
  2. Greg Kaplan & Giovanni L. Violante, 2010. "How Much Consumption Insurance beyond Self-Insurance?," American Economic Journal: Macroeconomics, American Economic Association, vol. 2(4), pages 53-87, October.

    Mentioned in:

    1. How Much Consumption Insurance beyond Self-Insurance? (AEJ:MA 2010) in ReplicationWiki ()

Working papers

  1. Kaplan, Greg & Nikolakoudis, Georgios & Violante, Giovanni, 2023. "Price Level and Inflation Dynamics in Heterogeneous Agent Economies," CEPR Discussion Papers 18260, C.E.P.R. Discussion Papers.

    Cited by:

    1. Rodolfo G. Campos & Jesus Fernandez-Villaverde & Galo Nuno & Peter Paz, 2024. "Navigating by Falling Stars:Monetary Policy with Fiscally Driven Natural Rates," PIER Working Paper Archive 24-007, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    2. Dupraz, Stéphane & Picco, Anna Rogantini, 2025. "Fiscal requirements for price stability when households are not Ricardian," Working Paper Series 3038, European Central Bank.
    3. Castillo-Martinez, Laura & Reis, Ricardo, 2024. "How do central banks control inflation? A guide for the perplexed," CEPR Discussion Papers 19334, C.E.P.R. Discussion Papers.
    4. Jonathon Hazell & Stephan Hobler, 2024. "Do Deficits Cause Inflation? A High Frequency Narrative Approach," Discussion Papers 2439, Centre for Macroeconomics (CFM).
    5. Dirk Krueger & Harald Uhlig, 2024. "Neoclassical Growth with Limited Commitment," PIER Working Paper Archive 24-021, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.

  2. Kaplan, Greg & Violante, Giovanni, 2022. "The Marginal Propensity to Consume in Heterogeneous Agent Models," CEPR Discussion Papers 17271, C.E.P.R. Discussion Papers.

    Cited by:

    1. Fatih Guvenen & Serdar Ozkan & Rocio Madera, 2024. "Consumption Dynamics and Welfare Under Non-Gaussian Earnings Risk," NBER Working Papers 32298, National Bureau of Economic Research, Inc.
    2. Michele Lenza & Jiri Slacalek, 2024. "How does monetary policy affect income and wealth inequality? Evidence from quantitative easing in the euro area," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 39(5), pages 746-765, August.
    3. Jonathan J Adams & Eugenio Rojas, 2023. "Household Consumption and Dispersed Information," Working Papers 001009, University of Florida, Department of Economics.
    4. Bertrand Garbinti & Pierre Lamarche & Fredérique Savignac, 2024. "Wealth Heterogeneity and the Marginal Propensity to Consume out of Wealth," Working Papers 2022-02, Center for Research in Economics and Statistics.
    5. Yunho Cho & James Morley & Aarti Singh, 2024. "Did marginal propensities to consume change with the housing boom and bust?," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 39(1), pages 174-199, January.
    6. Ueda, Kozo, 2024. "Household spending responses to two-time COVID-19 payments," Japan and the World Economy, Elsevier, vol. 72(C).
    7. Peter Ganong & Fiona Greig & Pascal Noel & Daniel M. Sullivan & Joseph Vavra, 2024. "Spending and Job-Finding Impacts of Expanded Unemployment Benefits: Evidence from Administrative Micro Data," American Economic Review, American Economic Association, vol. 114(9), pages 2898-2939, September.
    8. Schnorpfeil, Philip & Weber, Michael & Hackethal, Andreas, 2024. "Households' Response to the Wealth Effects of Inflation," VfS Annual Conference 2024 (Berlin): Upcoming Labor Market Challenges 302382, Verein für Socialpolitik / German Economic Association.
    9. Sebastian Gechert, 2023. "Fiscal policy: post- or New Keynesian?," European Journal of Economics and Economic Policies: Intervention, Edward Elgar Publishing, vol. 20(2), pages 338-355, November.
    10. Romain Duval & Davide Furceri & Raphaël Lee & Marina M. Tavares, 2024. "Market power and monetary policy transmission," Economica, London School of Economics and Political Science, vol. 91(362), pages 669-700, April.
    11. Hector Cardozo & Damian Pierri, 2024. "Recurrent Anticipated Liquidity Shocks and Household Expenditure," Working Papers 347, Red Nacional de Investigadores en Economía (RedNIE).
    12. Javier López Segovia, 2023. "Consumption Commitments and Unemployment Insurance," CRC TR 224 Discussion Paper Series crctr224_2023_458, University of Bonn and University of Mannheim, Germany.
    13. Jeanne Commault, 2025. "Heterogeneity in MPC Beyond Liquidity Constraints: The Role of Permanent Earnings," Working Papers hal-03870685, HAL.
    14. Adrien Auclert & Ludwig Straub & Matthew Rognlie, 2018. "The Intertemporal Keynesian Cross," 2018 Meeting Papers 999, Society for Economic Dynamics.
    15. Felipe Alves & Giovanni L. Violante, 2024. "From Micro to Macro Hysteresis: Long-Run Effects of Monetary Policy," Staff Working Papers 24-39, Bank of Canada.
    16. Dirk Krueger & Egor Malkov & Fabrizio Perri, 2023. "How Do Households Respond to Income Shocks?," NBER Working Papers 31894, National Bureau of Economic Research, Inc.
    17. Krueger, Dirk & Malkov, Egor & Perri, Fabrizio, 2024. "How do households respond to income shocks?," Journal of Economic Dynamics and Control, Elsevier, vol. 168(C).
    18. Savoia, Ettore, 2023. "The effects of labor income risk heterogeneity on the marginal propensity to consume," Working Paper Series 2866, European Central Bank.
    19. Huu Tuyen Tran, 2024. "Heterogeneous consumption behaviors and monetary policy in three ASEAN economies," International Economics and Economic Policy, Springer, vol. 21(4), pages 817-844, October.
    20. Kozo UEDA, 2023. "Marginal Propensity to Consume to Two-Time Income Shocks," CIGS Working Paper Series 23-008E, The Canon Institute for Global Studies.
    21. Sergeyev, Dmitriy & Lian, Chen & Gorodnichenko, Yuriy, 2023. "The Economics of Financial Stress," IZA Discussion Papers 16318, Institute of Labor Economics (IZA).
    22. Carneiro, Pedro & Salvanes, Kjell Gunnar & Tominey, Emma, 2024. "Insurance against Income Shocks, Parental Investments, and Child Development," Discussion Paper Series in Economics 10/2024, Norwegian School of Economics, Department of Economics.
    23. Krueger, Dirk & Malkov, Egor & Perri, Fabrizio, 2024. "Reprint of: How do households respond to income shocks?," Journal of Economic Dynamics and Control, Elsevier, vol. 169(C).
    24. J r my Boccanfuso, 2022. "Consumption Response Heterogeneity and Dynamics with an Inattention Region," Working Papers wp1172, Dipartimento Scienze Economiche, Universita' di Bologna.
    25. Tao Wang, 2023. "Perceived versus Calibrated Income Risks in Heterogeneous-Agent Consumption Models," Staff Working Papers 23-59, Bank of Canada.
    26. Yugang He, 2023. "Unraveling the COVID-19 Pandemic’s Impact on South Korea’s Macroeconomy: Unearthing Novel Transmission Channels within the Energy Sector and Production Technologies," Energies, MDPI, vol. 16(9), pages 1-10, April.
    27. Nikeel Nishkar Kumar & Arvind Patel & Navneel Shalendra Prasad & Shayal Nandani, 2023. "Loss aversion or hand-to-mouth behaviour in private consumption models," New Zealand Economic Papers, Taylor & Francis Journals, vol. 57(3), pages 247-259, September.
    28. Zheng Gong, 2025. "When Does Household Heterogeneity Matter for Aggregate Fluctuations?," CRC TR 224 Discussion Paper Series crctr224_2025_624, University of Bonn and University of Mannheim, Germany.
    29. Francesco Corsello & Marianna Riggi, 2023. "Inflation is not equal for all: the heterogenous effects of energy shocks," Temi di discussione (Economic working papers) 1429, Bank of Italy, Economic Research and International Relations Area.
    30. Bence Bardóczy & Mateo Velásquez-Giraldo, 2024. "HANK Comes of Age," Finance and Economics Discussion Series 2024-052, Board of Governors of the Federal Reserve System (U.S.).
    31. McCloud, Nadine, 2024. "What has inflation targeting done for household consumption?," International Review of Financial Analysis, Elsevier, vol. 95(PC).
    32. Pieroni, Valerio, 2023. "Energy shortages and aggregate demand: Output loss and unequal burden from HANK," European Economic Review, Elsevier, vol. 154(C).
    33. Yunho Cho & Shuyun May Li & Lawrence Uren, 2024. "Investment Housing Tax Concessions And Welfare: A Quantitative Study For Australia," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 65(2), pages 781-816, May.

  3. Alves, Felipe & Kaplan, Greg & Moll, Ben & Violente, Gianluca, 2020. "A further look at the propagation of monetary policy shocks in HANK," LSE Research Online Documents on Economics 107420, London School of Economics and Political Science, LSE Library.

    Cited by:

    1. R. Anton Braun & Daisuke Ikeda, 2025. "Online Appendix to "Monetary Policy Over the Lifecycle"," Online Appendices 23-172, Review of Economic Dynamics.
    2. Debortoli, Davide & Galí, Jordi, 2024. "Heterogeneity and Aggregate Fluctuations: Insights from TANK models," CEPR Discussion Papers 19134, C.E.P.R. Discussion Papers.
    3. Greg Kaplan & Benjamin Moll & Giovanni Violante, 2020. "The Great Lockdown and the Big Stimulus: Tracing the Pandemic Possibility Frontier for the U.S," Working Papers 2020-119, Becker Friedman Institute for Research In Economics.
    4. Yuki SHIGETA, 2022. "A Continuous-Time Utility Maximization Problem with Borrowing Constraints in Macroeconomic Heterogeneous Agent Models:A Case of Regular Controls under Markov Chain Uncertainty," Discussion papers e-22-009, Graduate School of Economics , Kyoto University.
    5. Oskolkov, Aleksei, 2023. "Exchange rate policy and heterogeneity in small open economies," Journal of International Economics, Elsevier, vol. 142(C).
    6. Samuel Ligonnière & Salima Ouerk, 2024. "The unequal distribution of credit: Is there any role for monetary policy?," French Stata Users' Group Meetings 2024 08, Stata Users Group.
    7. Rohan Kekre & Moritz Lenel, 2020. "Monetary Policy, Redistribution, and Risk Premia," Working Papers 2020-02, Becker Friedman Institute for Research In Economics.
    8. Gerke, Rafael & Giesen, Sebastian & Lozej, Matija & Röttger, Joost, 2024. "On household labour supply in sticky-wage HANK models," Discussion Papers 01/2024, Deutsche Bundesbank.
    9. Frederik Kurcz, 2025. "Quantifying the Fiscal Channel of Monetary Policy," Discussion Papers of DIW Berlin 2109, DIW Berlin, German Institute for Economic Research.
    10. Bloesch, Justin & Weber, Jacob P., 2021. "Structural Changes in Investment and the Waning Power of Monetary Policy," SocArXiv 7zhqp, Center for Open Science.
    11. Breitenlechner, Max & Georgiadis, Georgios & Schumann, Ben, 2022. "What goes around comes around: How large are spillbacks from US monetary policy?," Journal of Monetary Economics, Elsevier, vol. 131(C), pages 45-60.
    12. Eunseong Ma, 2023. "Monetary Policy And Inequality: How Does One Affect The Other?," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 64(2), pages 691-725, May.
    13. García, Benjamín & Giarda, Mario & Lizama, Carlos & Rojas, Ignacio, 2024. "Transmission mechanisms in HANK: An application to Chile," Latin American Journal of Central Banking (previously Monetaria), Elsevier, vol. 5(3).
    14. Felipe Alves & Giovanni L. Violante, 2024. "From Micro to Macro Hysteresis: Long-Run Effects of Monetary Policy," Staff Working Papers 24-39, Bank of Canada.
    15. Flynn, Joel P. & Sastry, Karthik A., 2023. "Strategic mistakes," Journal of Economic Theory, Elsevier, vol. 212(C).
    16. Giuseppe Pagano Giorgianni & Valeria Patella, 2025. "Belief distortions and Disagreement about Inflation," Working Papers in Public Economics 256, Department of Economics and Law, Sapienza University of Roma.
    17. Yan Ji & Songyuan Teng & Robert Townsend, 2021. "Dynamic Bank Expansion: Spatial Growth, Financial Access, and Inequality," NBER Working Papers 28582, National Bureau of Economic Research, Inc.
    18. Lenney, Jamie, 2022. "Monetary policy transmission, the labour share and HANK models," Bank of England working papers 960, Bank of England.
    19. Julien Pascal, 2024. "Heterogeneity in macroeconomic models: A review of theory and computation," BCL working papers 185, Central Bank of Luxembourg.
    20. R. Anton Braun & Daisuke Ikeda, 2021. "Monetary Policy over the Life Cycle," FRB Atlanta Working Paper 2021-20a, Federal Reserve Bank of Atlanta.
    21. Max Breitenlechner & Martin Geiger & Mathias Klein, 2024. "The Fiscal Channel of Monetary Policy," Working Papers 2024-07, Faculty of Economics and Statistics, Universität Innsbruck.
    22. Stéphane Dupraz, 2023. "The Dynamic IS Curve when there is both Investment and Savings," Working papers 905, Banque de France.
    23. Zheng Gong, 2025. "When Does Household Heterogeneity Matter for Aggregate Fluctuations?," CRC TR 224 Discussion Paper Series crctr224_2025_624, University of Bonn and University of Mannheim, Germany.
    24. Bence Bardóczy & Mateo Velásquez-Giraldo, 2024. "HANK Comes of Age," Finance and Economics Discussion Series 2024-052, Board of Governors of the Federal Reserve System (U.S.).
    25. Pieroni, Valerio, 2023. "Energy shortages and aggregate demand: Output loss and unequal burden from HANK," European Economic Review, Elsevier, vol. 154(C).
    26. Yongseung Jung, 2022. "Inspecting Business Cycles in Korea through the Lens of the TANK Model," Korean Economic Review, Korean Economic Association, vol. 38, pages 109-139.
    27. Yuichiro Waki, "undated". "Excess sensitivity to targeted fiscal interventions in HANK models with zero liquidity," MRG Discussion Paper Series 4823, School of Economics, University of Queensland, Australia.
    28. Felipe Alves & Sushant Acharya, 2024. "How changes in the share of constrained households affect the effectiveness of monetary policy," Staff Analytical Notes 2024-3, Bank of Canada.
    29. Felipe Alves & Christian Bustamante & Xing Guo & Katya Kartashova & Soyoung Lee & Thomas Michael Pugh & Kurt See & Yaz Terajima & Alexander Ueberfeldt, 2022. "Heterogeneity and Monetary Policy: A Thematic Review," Discussion Papers 2022-2, Bank of Canada.
    30. Mikołaj Raczyński, 2022. "Monetary policy and economic inequality: a literature review," Bank i Kredyt, Narodowy Bank Polski, vol. 53(2), pages 231-278.
    31. Xing Guo & Alistair Macaulay & Wenting Song, 2024. "The (Mis)Allocation of Corporate News," Staff Working Papers 24-47, Bank of Canada.
    32. R. Anton Braun & Daisuke Ikeda, 2025. "Monetary policy over the lifecycle," CIGS Working Paper Series 25-006E, The Canon Institute for Global Studies.

  4. Steve Bond & Arshia Hashemi & Greg Kaplan & Piotr Zoch, 2020. "Some Unpleasant Markup Arithmetic: Production Function Elasticities and their Estimation from Production Data," NBER Working Papers 27002, National Bureau of Economic Research, Inc.

    Cited by:

    1. Reinelt, Timo & Meier, Matthias, 2020. "Monetary policy, markup dispersion, and aggregate TFP," Working Paper Series 2427, European Central Bank.
    2. Kim, Daisoon & Savagar, Anthony, 2023. "Firm revenue elasticity and business cycle sensitivity," Journal of Economic Dynamics and Control, Elsevier, vol. 154(C).
    3. Geoffrey Barrows & Hélène Ollivier & Ariell Reshef, 2023. "Production Function Estimation with Multi-Destination Firms," CESifo Working Paper Series 10716, CESifo.
    4. Ziran Ding & Jose Garcia‐Louzao & Valentin Jouvanceau, 2025. "The dynamics of product and labour market power: Evidence from Lithuania," Economics of Transition and Institutional Change, John Wiley & Sons, vol. 33(1), pages 165-194, January.
    5. Shuichiro Nishioka & Mari Tanaka, 2022. "The Scope of Variable Inputs and Markup Estimates," Working Papers 23-01, Department of Economics, West Virginia University.
    6. Stephen P. King, 2023. "Productivity, Economic Dynamism and the “Failure of Competition” Narrative," Economic Papers, The Economic Society of Australia, vol. 42(3), pages 213-228, September.
    7. Sampi Bravo,James Robert Ezequiel & Jooste,Charl & Vostroknutova,Ekaterina, 2021. "Identification Properties for Estimating the Impact of Regulation on Markups and Productivity," Policy Research Working Paper Series 9523, The World Bank.
    8. Akin A. Cilekoglu, 2023. ""Labor Market Monopsony and Firm Behavior: Evidence from Spanish Exporters"," IREA Working Papers 202307, University of Barcelona, Research Institute of Applied Economics, revised Jul 2023.
    9. Mertens, Matthias, 2021. "Labour market power and between-firm wage (in)equality," IWH-CompNet Discussion Papers 1/2020, Halle Institute for Economic Research (IWH), revised 2021.
    10. Sabien Dobbelaere & Boris Hirsch & Steffen Mueller & Georg Neuschaeffer, 2024. "Organized Labor, Labor Market Imperfections, and Employer Wage Premia," ILR Review, Cornell University, ILR School, vol. 77(3), pages 396-427, May.
    11. Goldin, Ian & Koutroumpis, Pantelis & Lafond, François & Winkler, Julian, 2020. "Why is productivity slowing down?," MPRA Paper 99172, University Library of Munich, Germany.
    12. Renjie Bao & Jan de Loecker & Jan Eeckhout, 2022. "Are managers paid for market power?," Economics Working Papers 1834, Department of Economics and Business, Universitat Pompeu Fabra.
    13. Sabien Dobbelaere & Boris Hirsch & Steffen Mueller & Georg Neuschaeffer, 2020. "Organised Labour, Labour Market Imperfections, and Employer Wage Premia," Working Paper Series in Economics 396, University of Lüneburg, Institute of Economics.
    14. Diane Coyle & John McHale & Ioannis Bournakis & Jen-Chung Mei, 2023. "Recent Trends in Firm-Level Total Factor Productivity in the United Kingdom: New Measures, New Puzzles," Working Papers 036, The Productivity Institute.
    15. Kaoru HOSONO & Miho TAKIZAWA & Kenta YAMANOUCHI, 2022. "Foreign Direct Investment and Markups," Discussion papers 22009, Research Institute of Economy, Trade and Industry (RIETI).
    16. Ugur, Mehmet, 2024. "Innovation, market power and the labour share: evidence from OECD industries," Greenwich Papers in Political Economy 38374, University of Greenwich, Greenwich Political Economy Research Centre.
    17. Bajgar, Matej & Criscuolo, Chiara & Timmis, Jonathan, 2025. "Intangibles and industry concentration: a cross-country analysis," LSE Research Online Documents on Economics 126673, London School of Economics and Political Science, LSE Library.
    18. Maarten de Ridder, 2019. "Market Power and Innovation in the Intangible Economy," Discussion Papers 1907, Centre for Macroeconomics (CFM).
    19. Ludovic Panon, 2020. "Labor Share, Foreign Demand and Superstar Exporters," SciencePo Working papers Main hal-03386549, HAL.
    20. William L. Gamber, 2021. "Entry, Variable Markups, and Business Cycles," Finance and Economics Discussion Series 2021-077, Board of Governors of the Federal Reserve System (U.S.).
    21. Schain, Jan Philip, 2022. "Foreign institutional investors and the great productivity slowdown," DICE Discussion Papers 379, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
    22. Agnes Norris Keiller & Tim Obermeier & Andreas Teichgraeber & John Van Reenen, 2024. "When trade drives markup divergence: An application to auto markets," CEP Discussion Papers dp2022, Centre for Economic Performance, LSE.
    23. Mertens, Matthias & Schoefer, Benjamin, 2024. "From labor to intermediates: Firm growth, input substitution, and monopsony," IWH-CompNet Discussion Papers 1/2024, Halle Institute for Economic Research (IWH).
    24. Bruno Pellegrino, 2023. "Product Differentiation and Oligopoly: A Network Approach," CESifo Working Paper Series 10244, CESifo.
    25. Biondi, Filippo & Inferrera, Sergio & Mertens, Matthias & Miranda, Javier, 2025. "Declining job reallocation in Europe: The role of shocks, market power, and technology," IWH Discussion Papers 19/2023, Halle Institute for Economic Research (IWH), revised 2025.
    26. Maarten De Ridder & Basile Grassi & Giovanni Morzenti, 2021. "The Hitchhiker’s Guide to Markup Estimation," Working Papers 677, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    27. Romain Duval & Davide Furceri & Raphaël Lee & Marina M. Tavares, 2024. "Market power and monetary policy transmission," Economica, London School of Economics and Political Science, vol. 91(362), pages 669-700, April.
    28. Michał Gradzewicz, 2022. "How do firms respond to demand and supply shocks?," NBP Working Papers 344, Narodowy Bank Polski.
    29. Daniel Berkowitz & Shuichiro Nishioka, 2022. "The Growth of Firms, Markets and Rents: Evidence from China," Working Papers 22-05, Department of Economics, West Virginia University.
    30. Alejandro Estefan & Roberto Gerhard & Joseph P. Kaboski & Illenin O. Kondo & Wei Qian, 2024. "Outsourcing Policy and Worker Outcomes: Causal Evidence from a Mexican Ban," NBER Working Papers 32024, National Bureau of Economic Research, Inc.
    31. Conteduca, Francesco Paolo & Panon, Ludovic, 2024. "Natural Disasters and Markups," MPRA Paper 123008, University Library of Munich, Germany.
    32. Díez, Federico J. & Fan, Jiayue & Villegas-Sánchez, Carolina, 2021. "Global declining competition?," Journal of International Economics, Elsevier, vol. 132(C).
    33. Maximilian Koppenberg & Stefan Hirsch, 2022. "Output market power and firm characteristics in dairy processing: Evidence from three EU countries," Journal of Agricultural Economics, Wiley Blackwell, vol. 73(2), pages 490-517, June.
    34. van Vlokhoven, Has, 2022. "Decomposing the Rise in Markups," Discussion Paper 2022-006, Tilburg University, Center for Economic Research.
    35. Alam, M. Jahangir & Alvi, Eskander, 2024. "The long-run effects of monetary policy: The role of R&D investment in economic growth," Economic Modelling, Elsevier, vol. 137(C).
    36. Ariel Burstein & Vasco M. Carvalho & Basile Grassi, 2020. "Bottom-up Markup Fluctuations," NBER Working Papers 27958, National Bureau of Economic Research, Inc.
    37. Klaus Adam & Tobias Renkin & Gabriel Züllig, 2025. "Markups and Marginal Costs Over the Firm Life: Implications for the Optimal Inflation Target," CRC TR 224 Discussion Paper Series crctr224_2025_626, University of Bonn and University of Mannheim, Germany.
    38. David Staines, 2023. "Stochastic Equilibrium the Lucas Critique and Keynesian Economics," Papers 2312.16214, arXiv.org, revised Jun 2024.
    39. Lucia Foster & John Haltiwanger & Cody Tuttle, 2022. "Rising Markups or Changing Technology?," Working Papers 22-38, Center for Economic Studies, U.S. Census Bureau.
    40. Andrew Leigh, 2023. "Market power and markups: Malign markers for the Australian macroeconomy," Australian Economic Papers, Wiley Blackwell, vol. 62(3), pages 567-574, September.
    41. Diane Coyle & John McHale & Ioannis Bournakis & Jen-Chung Mei, 2024. "Converging to Mediocrity: Trends in Firm-Level Markups in the United Kingdom 2008-2019," Working Papers 047, The Productivity Institute.
    42. Francesco Amodio & Emanuele Brancati & Peter Brummond & Nicolas de Roux & Michele Di Maio, 2024. "Global Labor Market Power," RF Berlin - CReAM Discussion Paper Series 2404, Rockwool Foundation Berlin (RF Berlin) - Centre for Research and Analysis of Migration (CReAM).
    43. Christian Reiner & Christian Bellak, 2023. "Hat die ökonomische Macht von Unternehmen in Österreich zugenommen? Teil 2," Wirtschaft und Gesellschaft - WuG, Kammer für Arbeiter und Angestellte für Wien, Abteilung Wirtschaftswissenschaft und Statistik, vol. 49(2), pages 17-76.
    44. Chen,Kuang-hui & Hashiguchi,Yoshihiro, 2024. "A Nonparametric Production Approach to Markup Estimation," IDE Discussion Papers 931, Institute of Developing Economies, Japan External Trade Organization(JETRO).
    45. Fieler, Ana Cecília & Harrison, Ann E., 2023. "Escaping import competition in China," Journal of International Economics, Elsevier, vol. 145(C).
    46. Allan, Corey & Maré, David C. & Hyslop, Dean R., 2025. "Monopsony in the New Zealand Labour Market: First Estimates from Administrative Data," IZA Discussion Papers 17614, Institute of Labor Economics (IZA).
    47. Alonso Alfaro-Ureña & Isabela Manelici & Jose P Vasquez, 2022. "The Effects of Joining Multinational Supply Chains: New Evidence from Firm-to-Firm Linkages," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 137(3), pages 1495-1552.
    48. Thomas Hasenzagl & Luis Perez, 2023. "The Micro-Aggregated Profit Share," Papers 2309.12945, arXiv.org, revised Nov 2023.
    49. Abhishek KUMAR & Apra SINHA & Gazi Salah UDDIN, 2025. "Revenue and Cost Uncertainties and Market Power," Working Papers DP-2024-37, Economic Research Institute for ASEAN and East Asia (ERIA).
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    Cited by:

    1. Daiji Kawaguchi & Sagiri Kitao & Manabu Nose, 2022. "The impact of COVID-19 on Japanese firms: mobility and resilience via remote work," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 29(6), pages 1419-1449, December.
    2. Giorgio Fabbri & Salvatore Federico & Davide Fiaschi & Fausto Gozzi, 2021. "Mobility decisions, economic dynamics and epidemic," Papers 2107.01746, arXiv.org, revised Oct 2023.
    3. Gonzalez-Eiras, Martin & Niepelt, Dirk, 2020. "Optimally Controlling an Epidemic," CEPR Discussion Papers 15541, C.E.P.R. Discussion Papers.
    4. Tatiana Didier & Federico Huneeus & Mauricio Larrain & Sergio L. Schmukler, 2020. "Financing Firms in Hibernation during the COVID-19 Pandemic," Mo.Fi.R. Working Papers 162, Money and Finance Research group (Mo.Fi.R.) - Univ. Politecnica Marche - Dept. Economic and Social Sciences.
    5. Antoci, Angelo & Sabatini, Fabio & Sacco, Pier Luigi & Sodini, Mauro, 2022. "Experts vs. policymakers in the COVID-19 policy response," Journal of Economic Behavior & Organization, Elsevier, vol. 201(C), pages 22-39.
    6. Stefan Pollinger, 2022. "Optimal Contact Tracing and Social Distancing Policies to Suppress a New Infectious Disease," SciencePo Working papers Main hal-03793909, HAL.
    7. Judit Temesvary & Andrew Wei, 2021. "Domestic Lending and the Pandemic: How Does Banks' Exposure to Covid-19 Abroad Affect Their Lending in the United States?," Finance and Economics Discussion Series 2021-056r1, Board of Governors of the Federal Reserve System (U.S.), revised 17 Nov 2021.
    8. Fetzer, Thiemo & Shaw, Callum & Edenhofer, Jacob, 2024. "Informational Boundaries of the State," CEPR Discussion Papers 18773, C.E.P.R. Discussion Papers.
    9. Hinterlang, Natascha & Moyen, Stephane & Röhe, Oke & Stähler, Nikolai, 2023. "Gauging the effects of the German COVID-19 fiscal stimulus package," European Economic Review, Elsevier, vol. 154(C).
    10. Theologos Dergiades & Costas Milas & Elias Mossialos & Theodore Panagiotidis, 2023. "COVID-19 anti-contagion policies and economic support measures in the USA," Oxford Economic Papers, Oxford University Press, vol. 75(3), pages 613-630.
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    89. Bairoliya, Neha & İmrohoroğlu, Ayşe, 2023. "Macroeconomic consequences of stay-at-home policies during the COVID-19 pandemic," European Economic Review, Elsevier, vol. 152(C).
    90. Houštecká, Anna & Koh, Dongya & Santaeulàlia-Llopis, Raül, 2021. "Contagion at work: Occupations, industries and human contact," Journal of Public Economics, Elsevier, vol. 200(C).
    91. Giagheddu, Marta & Papetti, Andrea, 2023. "The macroeconomics of age-varying epidemics," European Economic Review, Elsevier, vol. 151(C).
    92. Gottardi, Piero, 2022. "Comment on Optimal management of an epidemic: Lockdown, vaccine and value of life’," Journal of Economic Dynamics and Control, Elsevier, vol. 140(C).
    93. Michal Brzoza-Brzezina & Marcin Kolasa & Krzysztof Makarski, 2021. "Monetary Policy and COVID-19," IMF Working Papers 2021/274, International Monetary Fund.
    94. Julien Albertini & Arthur Poirier & Xavier Fairise & Anthony Terriau, 2022. "Short-Time Work Policies During The Covid-19 Pandemic," Post-Print halshs-04271733, HAL.
    95. Luisa Corrado & Stefano Grassi & Aldo Paolillo, 2021. "Identifying Economic Shocks in a Rare Disaster Environment," CEIS Research Paper 517, Tor Vergata University, CEIS, revised 18 Jul 2024.
    96. Martin S. Eichenbaum & Sergio Rebelo & Mathias Trabandt, 2021. "Inequality in Life and Death," NBER Working Papers 29063, National Bureau of Economic Research, Inc.
    97. Bence Bardóczy & Jae W. Sim & Andreas Tischbirek, 2024. "The Macroeconomic Effects of Excess Savings," Finance and Economics Discussion Series 2024-062, Board of Governors of the Federal Reserve System (U.S.).
    98. Daisuke Fujii & Taisuke Nakata, 2021. "Covid-19 and Output in Japan," CARF F-Series CARF-F-505, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
    99. De Simone Elina & Mourao Paulo Reis, 2021. "What determines governments’ response time to COVID-19? A cross-country inquiry on the measure restricting internal movements," Open Economics, De Gruyter, vol. 4(1), pages 106-117, January.
    100. Simon Mongey & Laura Pilossoph & Alex Weinberg, 2020. "Which Workers Bear the Burden of Social Distancing?," NBER Working Papers 27085, National Bureau of Economic Research, Inc.
    101. Satoshi Tanaka, 2022. "Economic Impacts of SARS/MERS/COVID‐19 in Asian Countries," Asian Economic Policy Review, Japan Center for Economic Research, vol. 17(1), pages 41-61, January.
    102. Gopal K. Basak & Chandramauli Chakraborty & Pranab Kumar Das, 2021. "Optimal Lockdown Strategy in a Pandemic: An Exploratory Analysis for Covid-19," Papers 2109.02512, arXiv.org.
    103. William Gamber & James Graham & Anirudh Yadav, 2021. "Stuck at home: Housing demand during the COVID- 19 pandemic," CAMA Working Papers 2021-97, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    104. Joost Bats & William Greif & Daniel Kapp, 2021. "The rise in the cross-sectoral dispersion of earnings expectations during COVID-19," Working Papers 724, DNB.
    105. Jolan Mohimont & Maite de Sola Perea & Marie-Denise Zachary, 2022. "Softening the blow: Job retention schemes in the pandemic," Working Paper Research 414, National Bank of Belgium.
    106. Ling Lin & Qiumei Li & Jin Li & Zuominyang Zhang & Xuan Zhong, 2023. "Industry Volatility and Employment Extreme Risk Transmission: Evidence from China," Sustainability, MDPI, vol. 15(17), pages 1-22, August.
    107. Paul Gomme, 2022. "US Fiscal policy during and after the coronavirus," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 55(S1), pages 358-378, February.
    108. Mart n Gonzales-Eiras, Dirk Niepelt, 2023. "Optimal Epidemic Control," Diskussionsschriften dp2311, Universitaet Bern, Departement Volkswirtschaft.
    109. Mark Gertler & Christopher Huckfeldt & Antonella Trigari, 2022. "Temporary Layoffs, Loss-of-Recall, and Cyclical Unemployment Dynamics," Working Papers 682, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    110. Dolado, Juan J & Jimeno, Juan Francisco, 2020. "The Spanish Labour Market at the Crossroads: Covid†19 meets the Megatrends," CEPR Discussion Papers 15452, C.E.P.R. Discussion Papers.
    111. Bambi, Mauro & Ghilli, Daria & Gozzi, Fausto & Leocata, Marta, 2024. "Habits and demand changes after COVID-19," Journal of Mathematical Economics, Elsevier, vol. 110(C).
    112. Lin Ma & Gil Shapira & Damien de Walque & Quy‐Toan Do & Jed Friedman & Andrei A. Levchenko, 2022. "The Intergenerational Mortality Trade‐Off Of Covid‐19 Lockdown Policies," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 63(3), pages 1427-1468, August.
    113. Yashiv, Eran & Bar-On, Yinon & Baron, Tatiana & Milo, Ron, 2021. "When to Lock, Not Whom: Managing Epidemics Using Time-Based Restrictions," CEPR Discussion Papers 15939, C.E.P.R. Discussion Papers.
    114. Kikuchi, Shinnosuke & Kitao, Sagiri & Mikoshiba, Minamo, 2021. "Who suffers from the COVID-19 shocks? Labor market heterogeneity and welfare consequences in Japan," Journal of the Japanese and International Economies, Elsevier, vol. 59(C).
    115. Tesar, Linda & Mendoza, Enrique & Rojas, Eugenio, 2021. "A Macroeconomic Model of Healthcare Saturation, Inequality & the Output-Pandemia Tradeoff," CEPR Discussion Papers 15846, C.E.P.R. Discussion Papers.
    116. Jacek Rothert, 2022. "Optimal federal transfers during uncoordinated response to a pandemic," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 24(5), pages 1124-1153, October.
    117. Yasushi Iwamoto, 2021. "Welfare economics of managing an epidemic: an exposition," The Japanese Economic Review, Springer, vol. 72(4), pages 537-579, October.
    118. Phurichai Rungcharoenkitkul, 2021. "Macroeconomic consequences of pandexit," BIS Working Papers 932, Bank for International Settlements.
    119. Hackethal, Andreas & Weber, Annika, 2020. "Fiscal policies and household consumption during the COVID-19 pandemic: A review of early evidence," SAFE White Paper Series 76, Leibniz Institute for Financial Research SAFE.
    120. 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.
    121. Acedański, Jan, 2021. "Optimal lockdown policy during the election period," Economic Analysis and Policy, Elsevier, vol. 72(C), pages 102-117.
    122. Rüdiger Bachmann & Christian Bayer & Martin Kornejew, 2023. "Pandemic Consumption," CRC TR 224 Discussion Paper Series crctr224_2023_423, University of Bonn and University of Mannheim, Germany.
    123. Giovanni Melina & Stefania Villa, 2023. "Drivers of large recessions and monetary policy responses," Temi di discussione (Economic working papers) 1425, Bank of Italy, Economic Research and International Relations Area.
    124. Elisa Giannone & Nuno Paixao & Xinle Pang, 2021. "The Geography of Pandemic Containment," Staff Working Papers 21-26, Bank of Canada.
    125. Anand Chopra & Michael B. Devereux & Amartya Lahiri, 2022. "Pandemics through the lens of occupations," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 55(S1), pages 540-580, February.
    126. Hur, Sewon, 2022. "Comment on “COVID-19 in segmented societies” by Constantino Hevia, Manuel Macera, and Pablo Andrés Neumeyer," Journal of Economic Dynamics and Control, Elsevier, vol. 140(C).
    127. Wei Cui & Jeffrey Hicks & Max Norton, 2022. "How well-targeted are payroll tax cuts as a response to COVID-19? evidence from China," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 29(5), pages 1321-1347, October.
    128. Anna Houstecka & Dongya Koh & Raül Santaeulà lia-Llopis, 2020. "Contagion at Work," Working Papers 1225, Barcelona School of Economics.
    129. Taisuke Nakata & Daisuke Fujii & Shotaro Beppu & Kohei Machi & Yuta Maeda & Hiroyuki Kubota & Haruki Shibuya, 2023. "Cross-Regional Heterogeneity in Health and Economic Outcomes during the COVID-19 Pandemic: An Analysis of Japan," Working Papers e190, Tokyo Center for Economic Research.
    130. Gustavo Leyva & Carlos Urrutia, 2023. "Informal Labor Markets in Times of Pandemic," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 47, pages 158-185, January.
    131. Fernando Cirelli & Mark Gertler, 2022. "Economic Winners Versus Losers and the Unequal Pandemic Recession," NBER Working Papers 29713, National Bureau of Economic Research, Inc.
    132. Hevia, Constantino & Macera, Manuel & Neumeyer, Pablo Andrés, 2022. "Covid-19 in unequal societies," Journal of Economic Dynamics and Control, Elsevier, vol. 140(C).
    133. Pizzinelli, Carlo & Shibata, Ippei, 2023. "Has COVID-19 induced labor market mismatch? Evidence from the US and the UK," Labour Economics, Elsevier, vol. 81(C).
    134. C. A. K. Lovell, 2021. "The Pandemic, The Climate, and Productivity," CEPA Working Papers Series WP112021, School of Economics, University of Queensland, Australia.
    135. Stefan Schiman & Atanas Pekanov, 2020. "Uncertainty in the Euro Area During the First Wave of the COVID-19 Pandemic," WIFO Studies, WIFO, number 66708, March.
    136. Shin-ichi Fukuda, 2022. "Self-fulfilling Lockdowns in a Simple SIR-Macro Model," CIRJE F-Series CIRJE-F-1183, CIRJE, Faculty of Economics, University of Tokyo.
    137. Kisho Hoshi & Hiroyuki Kasahara & Ryo Makioka & Michio Suzuki & Satoshi Tanaka, 2021. "Trade-off between job losses and the spread of COVID-19 in Japan," The Japanese Economic Review, Springer, vol. 72(4), pages 683-716, October.
    138. Kanishka Misra & Vishal Singh & Qianyun (Poppy) Zhang, 2022. "Frontiers: Impact of Stay-at-Home-Orders and Cost-of-Living on Stimulus Response: Evidence from the CARES Act," Marketing Science, INFORMS, vol. 41(2), pages 211-229, March.
    139. Edward Hill & Marco Bardoscia & Arthur Turrell, 2021. "Solving Heterogeneous General Equilibrium Economic Models with Deep Reinforcement Learning," Papers 2103.16977, arXiv.org.
    140. So Kubota, 2021. "The macroeconomics of COVID-19 exit strategy: the case of Japan," The Japanese Economic Review, Springer, vol. 72(4), pages 651-682, October.
    141. Taojie Qin & Xianghua Gan & Yuchen Li & Changsheng Qin, 2024. "Optimizing Cross-Regional Lockdown Policies for Epidemics: Balancing Economic and Public Health Costs," Sustainability, MDPI, vol. 16(17), pages 1-14, September.
    142. Stephen Millard & Nicholas Jackson, 2022. "Financial Stocks and Flows in the Time of Covid-19," National Institute of Economic and Social Research (NIESR) Discussion Papers 543, National Institute of Economic and Social Research.
    143. Theologos Dergiades & Costas Milas & Theodore Panagiotidis, 2022. "Unemployment Claims During COVID-19 and Economic Support Measures in the U.S," Working Paper series 22-07, Rimini Centre for Economic Analysis.
    144. Sanchez Serrano, Antonio, 2022. "From Lost Turnover to Nonperforming Loans: The Impact of the COVID-19 Pandemic on the Economy and on the Financial System," Journal of Financial Crises, Yale Program on Financial Stability (YPFS), vol. 4(3), pages 99-164, April.
    145. Antonio Filippin & Marco Mantovani, 2024. "Moral Preferences over Health-Wealth Trade-offs," Working Papers 531, University of Milano-Bicocca, Department of Economics.
    146. Lepetit, Antoine & Fuentes-Albero, Cristina, 2022. "The limited power of monetary policy in a pandemic," European Economic Review, Elsevier, vol. 147(C).
    147. Leyva Gustavo & Urrutia Carlos, 2021. "Informal Labor Markets in Times of Pandemic: Evidence for Latin America and Policy Options," Working Papers 2021-21, Banco de México.
    148. Gus O'Donnell & Harry Begg, 2020. "Far from Well: The UK since COVID‐19, and Learning to Follow the Science(s)," Fiscal Studies, John Wiley & Sons, vol. 41(4), pages 761-804, December.
    149. Verónica Acurio Vásconez & Olivier Damette & David W. Shanafelt, 2021. "Macroepidemics and unconventional monetary policy: Coupling macroeconomics and epidemiology in a financial DSGE-SIR framework," Working Papers of BETA 2021-04, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    150. Górajski, Mariusz & Kuchta, Zbigniew, 2024. "Are two financial frictions necessary to match U.S. business and financial cycles?," Finance Research Letters, Elsevier, vol. 59(C).
    151. Gottardi, Piero & Bisin, Alberto, 2020. "Efficient Policy Interventions in an Epidemic," CEPR Discussion Papers 15386, C.E.P.R. Discussion Papers.
    152. Yu Pang, 2022. "A theory of fiscal policy response to an epidemic," Health Economics, John Wiley & Sons, Ltd., vol. 31(9), pages 2050-2071, September.
    153. Piluca Alvargonzález & Marina Gómez & Carmen Martínez-Carrascal & Myroslav Pidkuyko & Ernesto Villanueva, 2022. "Analysis of labor flows and consumption in Spain during COVID-19," Occasional Papers 2202, Banco de España.
    154. Hosono, Kaoru, 2021. "Epidemic and Economic Consequences of Voluntary and Request-based Lockdowns in Japan," Journal of the Japanese and International Economies, Elsevier, vol. 61(C).
    155. Xu, Shaofeng & Liu, Tao & Liu, Fengliang, 2024. "On the role of automation in an epidemic," Journal of Economic Dynamics and Control, Elsevier, vol. 160(C).
    156. Paweł Churski & Hanna Kroczak & Marta Łuczak & Olena Shelest-Szumilas & Marcin Woźniak, 2021. "Adaptation Strategies of Migrant Workers from Ukraine during the COVID-19 Pandemic," Sustainability, MDPI, vol. 13(15), pages 1-24, July.
    157. Lafuente, Cristina & Ruland, Astrid & Santaeulàlia-Llopis, Raül & Visschers, Ludo, 2023. "The effects of Covid-19 on couples’ job tenures: Mothers have it worse," Labour Economics, Elsevier, vol. 83(C).
    158. Fatima-Zahra Jaouimaa & Daniel Dempsey & Suzanne Van Osch & Stephen Kinsella & Kevin Burke & Jason Wyse & James Sweeney, 2021. "An age-structured SEIR model for COVID-19 incidence in Dublin, Ireland with framework for evaluating health intervention cost," PLOS ONE, Public Library of Science, vol. 16(12), pages 1-25, December.
    159. Xingyuan Yao, 2021. "COVID-19 Pandemic and economic stimulus policy inequality: evidence from quasi-natural experiments," Working Papers 585, ECINEQ, Society for the Study of Economic Inequality.
    160. Shomak Chakrabarti & Ilia Krasikov & Rohit Lamba, 2022. "Behavioral epidemiology: An economic model to evaluate optimal policy in the midst of a pandemic," Papers 2202.04174, arXiv.org.
    161. Shaofeng Xu & Jie Feng, 2024. "Home production and time use in an epidemic," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 57(4), pages 1391-1433, November.
    162. Pongpitch Amatyakul & Panchanok Jumrustanasan & Pornchanok Tapkham, 2023. "What can 20 billion financial transactions tell us about the impacts of Covid-19 fiscal transfers?," BIS Working Papers 1130, Bank for International Settlements.
    163. Almagro, Milena & Orane-Hutchinson, Angelo, 2022. "JUE Insight: The determinants of the differential exposure to COVID-19 in New York city and their evolution over time," Journal of Urban Economics, Elsevier, vol. 127(C).
    164. Brinkman, Jeffrey & Mangum, Kyle, 2022. "JUE Insight: The Geography of Travel Behavior in the Early Phase of the COVID-19 Pandemic," Journal of Urban Economics, Elsevier, vol. 127(C).
    165. Yinon Bar-On & Tatiana Baron & Ofer Cornfeld & Eran Yashiv, 2023. "Online Appendix to "When to Lock, Not Whom: Managing Epidemics Using Time-Based Restrictions"," Online Appendices 21-29, Review of Economic Dynamics.
    166. Alemán, Christian & Busch, Christopher & Ludwig, Alexander & Santaeulàlia-Llopis, Raül, 2023. "Stage-based identification of policy effects," ICIR Working Paper Series 52/23, Goethe University Frankfurt, International Center for Insurance Regulation (ICIR).
    167. Goldfayn-Frank, Olga & Lewis, Vivien & Wehrhöfer, Nils, 2022. "Spending effects of child-related fiscal transfers," Discussion Papers 26/2022, Deutsche Bundesbank.
    168. Francesco Furno, 2020. "The Testing Multiplier: Fear vs Containment," Papers 2012.03834, arXiv.org.

  6. Greg Kaplan & Piotr Zoch, 2020. "Markups, Labor Market Inequality and the Nature of Work," Working Papers 2020-09, Becker Friedman Institute for Research In Economics.

    Cited by:

    1. Shubhdeep Deb & Jan Eeckhout & Aseem Patel & Lawrence Warren, 2024. "Reply to: Comments on “Walras–Bowley Lecture: Market Power and Wage Inequality”," Econometrica, Econometric Society, vol. 92(3), pages 647-650, May.
    2. Florin O. Bilbiie & Marc J. Melitz, 2020. "Aggregate-Demand Amplification of Supply Disruptions: The Entry-Exit Multiplier," NBER Working Papers 28258, National Bureau of Economic Research, Inc.
    3. Chu, Shiou-Yen, 2020. "A note on labor share, price markup and monetary policy," Economics Letters, Elsevier, vol. 192(C).
    4. Mookherjee, Dilip & Ray, Debraj, 2020. "Growth, Automation and the Long Run Share of Labor," CEPR Discussion Papers 14286, C.E.P.R. Discussion Papers.
    5. Guilmi, Corrado Di & Fujiwara, Yoshi, 2022. "Dual labor market, financial fragility, and deflation in an agent-based model of the Japanese macroeconomy," Journal of Economic Behavior & Organization, Elsevier, vol. 196(C), pages 346-371.
    6. Alessandro Bellocchi & Giovanni Marin & Giuseppe Travaglini, 2021. "The Great Fall of Labor Share:Micro Determinants for EU Countries Over 2011-2019," Working Papers 2102, University of Urbino Carlo Bo, Department of Economics, Society & Politics - Scientific Committee - L. Stefanini & G. Travaglini, revised 2021.
    7. Cantore, Cristiano & Freund, Lukas, 2020. "Workers, capitalists, and the government: fiscal policy and income (re)distribution," Bank of England working papers 858, Bank of England.
    8. Eric Anderson & Sergio Rebelo & Arlene Wong, 2018. "Markups Across Space and Time," NBER Working Papers 24434, National Bureau of Economic Research, Inc.
    9. Silva, Jose I. & Okabe, Tomohito & Urzay, Sergi, 2025. "Labor share and market power in European firms," MPRA Paper 123442, University Library of Munich, Germany, revised 24 Jan 2025.
    10. Hassan Afrouzi & Andres Drenik & Ryan Kim, 2020. "Growing by the Masses - Revisiting the Link between Firm Size and Market Power," CESifo Working Paper Series 8633, CESifo.
    11. Dilip Mookherjee & Debraj Ray, 2021. "Online Appendix to "Growth, Automation and the Long-Run Share of Labor"," Online Appendices 21-148, Review of Economic Dynamics.
    12. Bernhard Ganglmair & Alexander Kann & Ilona Tsanko, 2021. "Markups for Consumers," CRC TR 224 Discussion Paper Series crctr224_2021_282, University of Bonn and University of Mannheim, Germany.
    13. 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.
    14. Andrea Colciago & Vivien Lewis & Branka Matyska, 2023. "Corporate taxes, productivity, and business dynamism," Working Papers 512, University of Milano-Bicocca, Department of Economics, revised May 2023.
    15. Lenney, Jamie, 2022. "Monetary policy transmission, the labour share and HANK models," Bank of England working papers 960, Bank of England.
    16. Jacob, Tinu Iype & Paul, Sunil, 2024. "Labour income share, market power and automation: Evidence from an emerging economy," Structural Change and Economic Dynamics, Elsevier, vol. 69(C), pages 37-45.
    17. Bellocchi, Alessandro & Travaglini, Giuseppe, 2023. "Can variable elasticity of substitution explain changes in labor shares?," Journal of Macroeconomics, Elsevier, vol. 76(C).
    18. Shiou‐Yen Chu, 2022. "Markups, inequality and monetary‐fiscal policies," Scottish Journal of Political Economy, Scottish Economic Society, vol. 69(4), pages 367-395, September.

  7. Greg Kaplan & Sam Schulhofer-Wohl, 2018. "The Changing (Dis-)Utility of Work," NBER Working Papers 24738, National Bureau of Economic Research, Inc.

    Cited by:

    1. Alexander Bick & Adam Blandin, 2022. "Employer Reallocation During the COVID-19 Pandemic: Validation and Application of a Do-It-Yourself CPS," Working Papers 2022-012, Federal Reserve Bank of St. Louis.
    2. Alexander Bick & Adam Blandin, 2022. "Online Appendix to "Employer Reallocation During the COVID-19 Pandemic: Validation and Application of a Do-It-Yourself CPS"," Online Appendices 21-141, Review of Economic Dynamics.
    3. Curtis, Chadwick & Garín, Julio & Lester, Robert, 2022. "Working, consuming, and dying: Quantifying the diversity in the american experience," Journal of Economic Dynamics and Control, Elsevier, vol. 138(C).
    4. Jeehoon Han & Caspar Kaiser, 2024. "Time use and happiness: US evidence across three decades," Journal of Population Economics, Springer;European Society for Population Economics, vol. 37(1), pages 1-25, March.
    5. Malmendier, Ulrike M. & Borgschulte, Mark & Guenzel, Marius & Liu, Canyao, 2020. "CEO Stress, Aging, and Death," CEPR Discussion Papers 14933, C.E.P.R. Discussion Papers.
    6. Marc Henry & Romuald Meango & Ismael Mourifie, 2020. "Role models and revealed gender-specific costs of STEM in an extended Roy model of major choice," Papers 2005.09095, arXiv.org, revised Aug 2023.
    7. Bart Los & Marcel P. Timmer, 2019. "Measuring Bilateral Exports of Value Added: A Unified Framework," Economic Statistics Centre of Excellence (ESCoE) Discussion Papers ESCoE DP-2019-03, Economic Statistics Centre of Excellence (ESCoE).
    8. Henrik Schwabe & Fulvio Castellacci, 2020. "Automation, workers’ skills and job satisfaction," PLOS ONE, Public Library of Science, vol. 15(11), pages 1-26, November.
    9. Kunze, Astrid & Palczyńska, Marta & Magda, Iga, 2023. "The Employment Effects of a Wage Subsidy for the Young during an Economic Recovery," IZA Discussion Papers 16196, Institute of Labor Economics (IZA).
    10. Lansing, Kevin J., 2024. "Replicating business cycles and asset returns with sentiment and low risk aversion," Journal of Economic Dynamics and Control, Elsevier, vol. 167(C).
    11. Andrew E Clark & Michal Kozák, 2024. "Twenty Years of Job Quality in OECD Countries: More Good News?," Working Papers halshs-04788950, HAL.
    12. Diane Coyle & Leonard Nakamura, 2022. "Time Use, Productivity, and Household-centric Measurement of Welfare in the Digital Economy," International Productivity Monitor, Centre for the Study of Living Standards, vol. 42, pages 165-186, Spring.
    13. Jolivet, Grégory & Postel-Vinay, Fabien, 2020. "A Structural Analysis of Mental Health and Labor Market Trajectories," IZA Discussion Papers 13518, Institute of Labor Economics (IZA).
    14. Nikolova, Milena & Cnossen, Femke, 2020. "What makes work meaningful and why economists should care about it," Labour Economics, Elsevier, vol. 65(C).
    15. Wolf, Tobias, 2020. "Welfare while working: How does the life satisfaction approach help to explain job search behavior?," Discussion Papers 2020/14, Free University Berlin, School of Business & Economics.
    16. Robert Dur & Max van Lent, 2019. "Socially Useless Jobs," Industrial Relations: A Journal of Economy and Society, Wiley Blackwell, vol. 58(1), pages 3-16, January.
    17. Germain, Antoine, 2023. "Basic income versus fairness: redistribution with inactive agents," LIDAM Discussion Papers CORE 2023022, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    18. Mariano Kulish & James Morley & Nadine Yamout & Francesco Zanetti, 2023. "Dutch Disease, Unemployment and Structural Change," Working Papers 262, Red Nacional de Investigadores en Economía (RedNIE).
    19. Koebel, Kourtney & Pohler, Dionne, 2024. "The effect of an unconditional government income transfer on the labour supply of lowincome workers," CLEF Working Paper Series 76, Canadian Labour Economics Forum (CLEF), University of Waterloo.
    20. Maria Khan & Asif Mahmood & Muhammad Shoaib, 2022. "Role of Ethical Leadership in Improving Employee Outcomes through the Work Environment, Work-Life Quality and ICT Skills: A Setting of China-Pakistan Economic Corridor," Sustainability, MDPI, vol. 14(17), pages 1-18, September.
    21. FitzRoy, Felix & Nolan, Michael A., 2020. "Towards Economic Democracy and Social Justice: Profit Sharing, Co-Determination, and Employee Ownership," IZA Discussion Papers 13238, Institute of Labor Economics (IZA).
    22. Diane Pelly, 2023. "Worker Well-Being and Quit Intentions: Is Measuring Job Satisfaction Enough?," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 169(1), pages 397-441, September.
    23. Diane Coyle & Leonard Nakamura, 2019. "Towards a Framework for Time Use, Welfare and Household-centric Economic Measurement," Economic Statistics Centre of Excellence (ESCoE) Discussion Papers ESCoE DP-2019-01, Economic Statistics Centre of Excellence (ESCoE).
    24. Obschonka, Martin & Pavez, Ignacio & Kautonen, Teemu & Kibler, Ewald & Salmela-Aro, Katariina & Wincent, Joakim, 2023. "Job burnout and work engagement in entrepreneurs: How the psychological utility of entrepreneurship drives healthy engagement," Journal of Business Venturing, Elsevier, vol. 38(2).
    25. Clemens Thielen & Philipp Weinschenk, 2025. "Analyzing the effects of minimum wages: a microeconomic approach," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 79(3), pages 945-991, May.
    26. Benjamin Schneider, 2022. "Good Jobs and Bad Jobs in History," Oxford Economic and Social History Working Papers _202, University of Oxford, Department of Economics.
    27. Henry, Marc & Méango, Romuald & Mourifié, Ismaël, 2024. "Role models and revealed gender-specific costs of STEM in an extended Roy model of major choice," Journal of Econometrics, Elsevier, vol. 238(2).
    28. David A. Spencer, 2023. "Automation and Well-Being: Bridging the Gap between Economics and Business Ethics," Journal of Business Ethics, Springer, vol. 187(2), pages 271-281, October.
    29. Marc Henry & Romuald Meango & Ismael Mourifié, 2020. "Revealing Gender-Specific Costs of STEM in an Extended Roy Model of Major Choice," Working Papers 2020-035, Human Capital and Economic Opportunity Working Group.
    30. Nicolas A. Roys & Christopher R. Taber, 2019. "Skill Prices, Occupations, and Changes in the Wage Structure for Low Skilled Men," NBER Working Papers 26453, National Bureau of Economic Research, Inc.

  8. Greg Kaplan & Giovanni L. Violante, 2018. "Microeconomic Heterogeneity and Macroeconomic Shocks," NBER Working Papers 24734, National Bureau of Economic Research, Inc.

    Cited by:

    1. Fagereng, Andreas & Onshuus, Helene & Torstensen, Kjersti N., 2024. "The consumption expenditure response to unemployment: Evidence from Norwegian households," Journal of Monetary Economics, Elsevier, vol. 146(C).
    2. Sá, Diogo, 2022. "Liquidity constraints and fiscal multipliers," MPRA Paper 112132, University Library of Munich, Germany.
    3. Chakrabarti, Anindya S. & Mishra, Abinash & Mohaghegh, Mohsen, 2021. "Targeted interventions: Consumption dynamics and distributional effects," IIMA Working Papers WP 2021-09-02, Indian Institute of Management Ahmedabad, Research and Publication Department.
    4. Emanuel Kohlscheen & Marco Jacopo Lombardi & Egon Zakrajšek, 2021. "Income inequality and the depth of economic downturns," BIS Working Papers 943, Bank for International Settlements.
    5. Pham, Ngoc-Sang, 2018. "Credit limits and heterogeneity in general equilibrium models with a finite number of agents," MPRA Paper 88736, University Library of Munich, Germany.
    6. Eskelinen, Maria, 2021. "Monetary policy, agent heterogeneity and inequality: insights from a three-agent New Keynesian model," Working Paper Series 2590, European Central Bank.
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    1. Fagereng, Andreas & Onshuus, Helene & Torstensen, Kjersti N., 2024. "The consumption expenditure response to unemployment: Evidence from Norwegian households," Journal of Monetary Economics, Elsevier, vol. 146(C).
    2. Janet Hua Jiang & Rupal Kamdar & Kelin Lu & Daniela Puzzello, 2024. "How Do Households Respond to Expected Inflation? An Investigation of Transmission Mechanisms," CAEPR Working Papers 2024-004 Classification-D, Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington.
    3. Tiziana Assenza & Alberto Cardaci & Domenico Delli Gatti, 2019. "Perceived Wealth, Cognitive Sophistication and Behavioral Inattention," CESifo Working Paper Series 7992, CESifo.
    4. Spinnewijn, Johannes & Mueller, Andreas & Topa, Giorgio, 2019. "Job Seekers' Perceptions and Employment Prospects: Heterogeneity, Duration Dependence and Bias," CEPR Discussion Papers 13774, C.E.P.R. Discussion Papers.
    5. Giovanni Gallipoli & Brant Abbott, 2017. ""Permanent Income" Inequality," 2017 Meeting Papers 1033, Society for Economic Dynamics.
    6. Martin Holm & Gisle Natvik & Andreas Fagereng, 2017. "MPC Heterogeneity and Household Balance Sheets," 2017 Meeting Papers 65, Society for Economic Dynamics.
    7. Peter Andre & Carlo Pizzinelli & Christopher Roth & Johannes Wohlfart, 2019. "Subjective Models Of The Macroeconomy: Evidence From Experts And A Representative Sample," CEBI working paper series 19-11, University of Copenhagen. Department of Economics. The Center for Economic Behavior and Inequality (CEBI).
    8. Tullio Jappelli & Luigi Pistaferri, 2020. "Reported MPC and Unobserved Heterogeneity," American Economic Journal: Economic Policy, American Economic Association, vol. 12(4), pages 275-297, November.
    9. Ampudia, Miguel & Georgarakos, Dimitris & Slacalek, Jiri & Tristani, Oreste & Vermeulen, Philip & Violante, Giovanni L., 2018. "Monetary policy and household inequality," Working Paper Series 2170, European Central Bank.
    10. Christelis, Dimitris & Georgarakos, Dimitris & Jappelli, Tullio & Pistaferri, Luigi & Rooij, Maarten van, 2021. "Heterogeneous wealth effects," European Economic Review, Elsevier, vol. 137(C).
    11. D'Acunto, Francesco & Hoang, Daniel & Paloviita, Maritta & Weber, Michael, 2019. "IQ, expectations, and choice," Working Paper Series in Economics 127, Karlsruhe Institute of Technology (KIT), Department of Economics and Management.
    12. Favara, Marta & Freund, Richard & Perez-Alvarez, Marcello, 2023. "What If It Never Happened? Subjective Treatment Effects of a Negative Shock on Youth Labour Market Outcomes in Developing Countries," IZA Discussion Papers 16417, Institute of Labor Economics (IZA).
    13. Daniel Lewis & Davide Melcangi & Laura Pilossoph, 2024. "Latent Heterogeneity in the Marginal Propensity to Consume," NBER Working Papers 32523, National Bureau of Economic Research, Inc.
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    15. Assenza, Tiziana, 2021. "The Ability to 'Distill the Truth'," TSE Working Papers 21-1280, Toulouse School of Economics (TSE), revised Mar 2022.
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    17. Yunho Cho & James Morley & Aarti Singh, 2024. "Did marginal propensities to consume change with the housing boom and bust?," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 39(1), pages 174-199, January.
    18. Aidala, Felix & Armantier, Olivier & Koşar, Gizem & Somerville, Jason & Topa, Giorgio & van der Klaauw, Wilbert, 2024. "Gasoline price changes and consumer inflation expectations: Experimental evidence," Journal of Economic Behavior & Organization, Elsevier, vol. 220(C), pages 66-80.
    19. Peter Andre & Joel P. Flynn & Georgios Nikolakoudis & Karthik Sastry, 2025. "Quick-Fixing: Near-Rationality in Consumption and Savings Behavior," NBER Working Papers 33464, National Bureau of Economic Research, Inc.
    20. Crawley, Edmund & Theloudis, Alexandros, 2024. "Income Shocks and their Transmission into Consumption," Other publications TiSEM 8e0a90b1-597f-4cac-bc3d-b, Tilburg University, School of Economics and Management.
    21. Tomas Havranek & Anna Sokolova, 2020. "Do Consumers Really Follow a Rule of Thumb? Three Thousand Estimates from 144 Studies Say 'Probably Not'," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 35, pages 97-122, January.
    22. Milan van den Heuvel & Benjamin Vandermarliere & Koen Schoors, 2019. "The Asymmetric Response Of Consumption To Income Changes And The Effect Of Liquid Wealth," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 19/958, Ghent University, Faculty of Economics and Business Administration.
    23. Greg Kaplan & Giovanni L. Violante, 2021. "The Marginal Propensity to Consume in Heterogeneous Agent Models," Working Papers 2021-9, Princeton University. Economics Department..
    24. Makridis, Christos A. & Wang, Tao, 2024. "Learning from Friends in a Pandemic: Social networks and the macroeconomic response of consumption," European Economic Review, Elsevier, vol. 169(C).
    25. Cantore, Cristiano & Freund, Lukas, 2020. "Workers, capitalists, and the government: fiscal policy and income (re)distribution," Bank of England working papers 858, Bank of England.
    26. Dimitris Christelis & Dimitris Georgarakos & Tullio Jappelli & Luigi Pistaferri & Maarten van Rooij, 2019. "Wealth Shocks and MPC Heterogeneity," CSEF Working Papers 531, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
    27. Bertrand Garbinti & Pierre Lamarche & Charlélie Lecanu & Frédérique Savignac, 2020. "Wealth effect on consumption during the sovereign debt crisis: Households heterogeneity in the Euro area," Working papers 751, Banque de France.
    28. Cho, Yunho & Morley, James & Singh, Aarti, 2019. "Marginal propensities to consume before and after the Great Recession," Working Papers 2019-11, University of Sydney, School of Economics, revised Sep 2021.
    29. Adrien Auclert & Ludwig Straub & Matthew Rognlie, 2018. "The Intertemporal Keynesian Cross," 2018 Meeting Papers 999, Society for Economic Dynamics.
    30. Crossley, Thomas F. & Fisher, Paul & Levell, Peter & Low, Hamish, 2023. "Stimulus payments and private transfers," Economics Letters, Elsevier, vol. 222(C).
    31. Michael Gelman & Dan Silverman & Matthew Shapiro & Shachar Kariv, 2019. "Rational Illiquidity and Excess Sensitivity: Theory and Evidence from Income Tax Withholding and Refunds," 2019 Meeting Papers 542, Society for Economic Dynamics.
    32. Scott R Baker & Robert A Farrokhnia & Steffen Meyer & Michaela Pagel & Constantine Yannelis & Jeffrey Pontiff, 0. "How Does Household Spending Respond to an Epidemic? Consumption during the 2020 COVID-19 Pandemic," The Review of Asset Pricing Studies, Society for Financial Studies, vol. 10(4), pages 834-862.
    33. Fergus Cumming, 2019. "Mortgage Cash-flows and Employment," Discussion Papers 1922, Centre for Macroeconomics (CFM).
    34. Kris Boudt & Koen Schoors & Milan van den Heuvel & Johannes Weytjens, 2023. "Taming the Zoo of Consumption Responses to Labour Income Changes," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 23/1067, Ghent University, Faculty of Economics and Business Administration.
    35. Assenza, Tiziana & Cardaci, Alberto & Huber, Stefanie, 2024. "Fake News: Susceptibility, Awareness and Solutions," TSE Working Papers 24-1519, Toulouse School of Economics (TSE), revised Nov 2024.
    36. Divakaruni, Anantha & Zimmerman, Peter, 2021. "Uncovering Retail Trading in Bitcoin: The Impact of COVID-19 Stimulus Checks," SocArXiv khw8a, Center for Open Science.
    37. Michael Gelman & Shachar Kariv & Matthew D. Shapiro & Dan Silverman, 2022. "Rational Illiquidity and Consumption: Theory and Evidence from Income Tax Withholding and Refunds," American Economic Review, American Economic Association, vol. 112(9), pages 2959-2991, September.
    38. Yan Ji & Songyuan Teng & Robert Townsend, 2021. "Dynamic Bank Expansion: Spatial Growth, Financial Access, and Inequality," NBER Working Papers 28582, National Bureau of Economic Research, Inc.
    39. Thomas Crossley & Paul Fisher & Peter Levell & Hamish Low, 2021. "MPCs through COVID: spending, saving and private transfers," IFS Working Papers W21/03, Institute for Fiscal Studies.
    40. Olivier Armantier & Argia M. Sbordone & Giorgio Topa & Wilbert Van der Klaauw & John C. Williams, 2022. "A New Approach to Assess Inflation Expectations Anchoring Using Strategic Surveys," Staff Reports 1007, Federal Reserve Bank of New York.
    41. Choi, Kyoung Jin & Jeon, Junkee & Koo, Hyeng Keun, 2022. "Intertemporal preference with loss aversion: Consumption and risk-attitude," Journal of Economic Theory, Elsevier, vol. 200(C).
    42. Zhang, C. Yiwei & Sussman, Abigail B. & Wang-Ly, Nathan & Lyu, Jennifer K., 2022. "How consumers budget," Journal of Economic Behavior & Organization, Elsevier, vol. 204(C), pages 69-88.
    43. Edmund Crawley & Andreas Kuchler, 2020. "Consumption Heterogeneity: Micro Drivers and Macro Implications," Finance and Economics Discussion Series 2020-005, Board of Governors of the Federal Reserve System (U.S.).
    44. D'Haultfoeuille, Xavier & Gaillac, Christophe & Maurel, Arnaud, 2021. "Rationalizing Rational Expectations: Characterizations and Tests," TSE Working Papers 21-1211, Toulouse School of Economics (TSE).
    45. Brian Baugh & Itzhak Ben-David & Hoonsuk Park & Jonathan A. Parker, 2018. "Asymmetric Consumption Smoothing," NBER Working Papers 25086, National Bureau of Economic Research, Inc.
    46. Eric Qian, 2023. "Heterogeneity-robust granular instruments," Papers 2304.01273, arXiv.org, revised Jun 2024.
    47. Tobin Hanspal & Annika Weber & Johannes Wohlfart, 2020. "Exposure to the Covid-19 Stock Market Crash and its Effect on Household Expectations," CESifo Working Paper Series 8244, CESifo.
    48. Georgarakos, Dimitris & Tatsiramos, Konstantinos, 2019. "Monetary Policy Transmission to Consumer Financial Stress and Durable Consumption," IZA Discussion Papers 12359, Institute of Labor Economics (IZA).
    49. D'Haultfoeuille, Xavier & Gaillac, Christophe & Maurel, Arnaud, 2018. "Rationalizing Rational Expectations? Tests and Deviations," IZA Discussion Papers 11989, Institute of Labor Economics (IZA).
    50. Crawley, Edmund, 2020. "In search of lost time aggregation," Economics Letters, Elsevier, vol. 189(C).
    51. Bui, Dzung & Dräger, Lena & Hayo, Bernd & Nghiem, Giang, 2022. "The Marginal Propensity to Consume During the COVID-19 Pandemic: Evidence from Thailand and Vietnam," Hannover Economic Papers (HEP) dp-695, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät.
    52. Albuquerque, Bruno & Green, Georgina, 2023. "Financial concerns and the marginal propensity to consume in COVID times: Evidence from UK survey data," Journal of Macroeconomics, Elsevier, vol. 78(C).
    53. Assenza, Tiziana & Cardaci, Alberto & Delli Gatti, Dominico, 2021. "The Leverage Self-Delusion: Perceived Wealth and Cognitive Sophistication," TSE Working Papers 19-1055, Toulouse School of Economics (TSE).
    54. J r my Boccanfuso, 2022. "Consumption Response Heterogeneity and Dynamics with an Inattention Region," Working Papers wp1172, Dipartimento Scienze Economiche, Universita' di Bologna.
    55. Koşar, Gizem & Melcangi, Davide & Pilossoph, Laura & Wiczer, David, 2023. "Stimulus through Insurance: The Marginal Propensity to Repay Debt," IZA Discussion Papers 16211, Institute of Labor Economics (IZA).
    56. Surico, Paolo & Andreolli, Michele, 2021. "Less is More: Consumer Spending and the Size of Economic Stimulus Payments," CEPR Discussion Papers 15918, C.E.P.R. Discussion Papers.
    57. Yunho Cho & Aarti Singh & James Morley, 2019. "Household Balance Sheets and Consumption Responses to Income Shocks," 2019 Meeting Papers 788, Society for Economic Dynamics.
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  10. Fatih Guvenen & Greg Kaplan, 2017. "Top Income Inequality in the 21st Century: Some Cautionary Notes," NBER Working Papers 23321, National Bureau of Economic Research, Inc.

    Cited by:

    1. Wolfgang Keller & William W. Olney, 2017. "Globalization and Executive Compensation," Department of Economics Working Papers 2017-04, Department of Economics, Williams College, revised Feb 2018.
    2. Hufe, Paul & Kanbur, Ravi & Peichl, Andreas, 2020. "Measuring Unfair Inequality: Reconciling Equality of Opportunity and Freedom from Poverty," Rationality and Competition Discussion Paper Series 232, CRC TRR 190 Rationality and Competition.
    3. Florian Scheuer & Joel Slemrod, 2020. "Taxation and the Superrich," Annual Review of Economics, Annual Reviews, vol. 12(1), pages 189-211, August.
    4. Giri Parameswaran & Hunter Rendleman, 2022. "Redistribution under general decision rules," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 24(1), pages 159-196, February.
    5. Fabian Kindermann & Dirk Krueger, 2022. "High Marginal Tax Rates on the Top 1 Percent? Lessons from a Life-Cycle Model with Idiosyncratic Income Risk," American Economic Journal: Macroeconomics, American Economic Association, vol. 14(2), pages 319-366, April.
    6. Tom Phelan, 2019. "The Optimal Taxation of Business Owners," Working Papers 19-26R, Federal Reserve Bank of Cleveland, revised 28 May 2021.
    7. Bruce D. Meyer & James X. Sullivan, 2017. "Consumption and income inequality in the US since the 1960s," AEI Economics Working Papers 953873, American Enterprise Institute.
    8. Duquette, Nicolas J., 2018. "Inequality and philanthropy: High-income giving in the United States 1917–2012," Explorations in Economic History, Elsevier, vol. 70(C), pages 25-41.
    9. Egor Malkov, 2021. "Welfare Effects of Labor Income Tax Changes on Married Couples: A Sufficient Statistics Approach," Papers 2108.09981, arXiv.org, revised Sep 2021.
    10. Paola Sapienza, 2020. "Comment on "The Glass Ceiling and the Paper Floor: Changing Gender Composition of Top Earners since the 1980s"," NBER Chapters, in: NBER Macroeconomics Annual 2020, volume 35, pages 374-380, National Bureau of Economic Research, Inc.
    11. Vincenzo Quadrini & Qi Sun & yicheng wang, 2019. "Capitalist Human Capital," 2019 Meeting Papers 1155, Society for Economic Dynamics.
    12. Greg Kaplan & Sam Schulhofer-Wohl, 2018. "The Changing (Dis-)Utility of Work," NBER Working Papers 24738, National Bureau of Economic Research, Inc.
    13. Pogorelskiy, Kirill & Traub, Stefan, 2017. "Skewness, Tax Progression, and Demand for Redistribution : Evidence from the UK," CRETA Online Discussion Paper Series 29, Centre for Research in Economic Theory and its Applications CRETA.
    14. Sebastian Dyrda & Benjamin Pugsley, 2018. "Taxes, Regulations of Businesses and Evolution of Income Inequality in the US," 2018 Meeting Papers 318, Society for Economic Dynamics.
    15. Brant Abbott & Giovanni Gallipoli, 2018. "Human Capital Inequality: Empirical Evidence," Working Papers 2018-085, Human Capital and Economic Opportunity Working Group.
    16. Egor Malkov, 2021. "Welfare Effects of the Labor Income Tax Changes on Married Couples: A Sufficient Statistics Approach," Working Papers 590, ECINEQ, Society for the Study of Economic Inequality.

  11. SeHyoun Ahn & Greg Kaplan & Benjamin Moll & Thomas Winberry & Christian Wolf, 2017. "When Inequality Matters for Macro and Macro Matters for Inequality," CESifo Working Paper Series 6581, CESifo.

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    1. Emanuel Kohlscheen & Marco Jacopo Lombardi & Egon Zakrajšek, 2021. "Income inequality and the depth of economic downturns," BIS Working Papers 943, Bank for International Settlements.
    2. Youngsoo Jang & Takeki Sunakawa & Minchul Yum, 2023. "Tax‐and‐transfer progressivity and business cycles," Quantitative Economics, Econometric Society, vol. 14(4), pages 1367-1400, November.
    3. Eskelinen, Maria, 2021. "Monetary policy, agent heterogeneity and inequality: insights from a three-agent New Keynesian model," Working Paper Series 2590, European Central Bank.
    4. Pierre Emmanuel Weil, 2018. "Redistribution from the Cradle to the Grave: A Unified Approach to Heterogeneity in Age, Income and Wealth," 2018 Papers pwe433, Job Market Papers.
    5. Yves Achdou & Jiequn Han & Jean-Michel Lasry & Pierre-Louis Lions & Benjamin Moll, 2017. "Income and Wealth Distribution in Macroeconomics: A Continuous-Time Approach," NBER Working Papers 23732, National Bureau of Economic Research, Inc.
    6. Gao, Yijin, 2020. "Knowledge Diffusion and economic Growth based on Fourier’s law," Research in Economics, Elsevier, vol. 74(2), pages 174-185.
    7. Anmol Bhandari & David Evans & Mikhail Golosov & Thomas J. Sargent, 2018. "Inequality, Business Cycles, and Monetary-Fiscal Policy," Working Papers 18-26, New York University, Leonard N. Stern School of Business, Department of Economics.
    8. Michael Funke & Rongrong Sun & Linxu Zhu, 2018. "The Credit Risk of Chinese Households – A Micro-Level Assessment," CFDS Discussion Paper Series 2018/3, Center for Financial Development and Stability at Henan University, Kaifeng, Henan, China.
    9. Grimaud, Alex, 2021. "Precautionary saving and un-anchored expectations," ECON WPS - Working Papers in Economic Theory and Policy 08/2021, TU Wien, Institute of Statistics and Mathematical Methods in Economics, Economics Research Unit.
    10. François Le Grand & Xavier Ragot, 2022. "Managing Inequality over Business Cycles: Optimal Policies with Heterogeneous Agents and Aggregate Shocks," Post-Print hal-03501381, HAL.
    11. Klaus Adam & Henning Weber, 2019. "Optimal Trend Inflation," American Economic Review, American Economic Association, vol. 109(2), pages 702-737, February.
    12. Toshiaki Ogawa, 2025. "Understanding The Great Recession Through The Banking Sector," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 66(1), pages 331-361, February.
    13. Toshiaki Ogawa, 2020. "Liquidity Management of Heterogeneous Banks during the Great Recession," IMES Discussion Paper Series 20-E-05, Institute for Monetary and Economic Studies, Bank of Japan.
    14. Moritz Drechsel-Grau & Fabian Greimel, 2020. "Falling Behind: Has Rising Inequality Fueled the American Debt Boom?," CRC TR 224 Discussion Paper Series crctr224_2020_159v2, University of Bonn and University of Mannheim, Germany.
    15. Born, Benjamin & Bayer, Christian & Luetticke, Ralph, 2020. "The Liquidity Channel of Fiscal Policy," CEPR Discussion Papers 14883, C.E.P.R. Discussion Papers.
    16. Minsu Chang & Xiaohong Chen & Frank Schorfheide, 2021. "Heterogeneity and Aggregate Fluctuations," Cowles Foundation Discussion Papers 2289, Cowles Foundation for Research in Economics, Yale University.
    17. Süssmuth, Bernd & Wieschemeyer, Matthias, 2022. "Taxation and the distributional impact of inflation: The U.S. post-war experience," Economic Modelling, Elsevier, vol. 111(C).
    18. Gallen, Trevor S., 2021. "Predicting and decomposing why representative agent and heterogeneous agent models sometimes diverge," Economic Modelling, Elsevier, vol. 101(C).
    19. Christian Bayer & Benjamin Born & Ralph Luetticke, 2020. "Shocks, Frictions, and Inequality in US Business Cycles," CESifo Working Paper Series 8085, CESifo.
    20. Fernando E. Alvarez & Francesco Lippi & Takis Souganidis, 2022. "Price Setting with Strategic Complementarities as a Mean Field Game," NBER Working Papers 30193, National Bureau of Economic Research, Inc.
    21. Gustavo Mellior & Katsuyuki Shibayama, 2024. "Solving HACT models with bankruptcy choice," Working Papers 202412, University of Liverpool, Department of Economics.
    22. Luetticke, Ralph, 2018. "Transmission of monetary policy with heterogeneity in household portfolios," LSE Research Online Documents on Economics 90377, London School of Economics and Political Science, LSE Library.
    23. Daron Acemoglu & Martin Kaae Jensen, 2018. "Equilibrium Analysis in the Behavioral Neoclassical Growth Model," NBER Working Papers 25363, National Bureau of Economic Research, Inc.
    24. Khieu, Hoang & Wälde, Klaus, 2023. "Capital income risk and the dynamics of the wealth distribution," Economic Modelling, Elsevier, vol. 122(C).
    25. Christian Bayer & Alan Rendall & Klaus Wälde, 2018. "The Invariant Distribution of Wealth and Employment Status in a Small Open Economy with Precautionary Savings," Working Papers 1822, Gutenberg School of Management and Economics, Johannes Gutenberg-Universität Mainz.
    26. Pierre Mabille, 2019. "Aggregate Precautionary Savings Motives," 2019 Meeting Papers 344, Society for Economic Dynamics.
    27. Antoine BOZIO & Bertrand GARBINTI & Malka GUILLOT & Jonathan GOUPILLE-LEBRET & Thomas PIKETTY, 2020. "Predistribution vs. Redistribution: Evidence from France and the U.S," Working Papers 2020-24, Center for Research in Economics and Statistics.
    28. Emmet Hall-Hoffarth, 2023. "Non-linear approximations of DSGE models with neural-networks and hard-constraints," Papers 2310.13436, arXiv.org.
    29. Yves Achdou & Jiequn Han & Jean-Michel Lasry & Pierre-Louis Lionse & Benjamin Moll, 2022. "Income and Wealth Distribution in Macroeconomics: A Continuous-Time Approach," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 89(1), pages 45-86.
    30. Marcelo Veracierto, 2020. "Computing Equilibria of Stochastic Heterogeneous Agent Models Using Decision Rule Histories," Working Paper Series WP-2020-05, Federal Reserve Bank of Chicago.
    31. Maliar, Lilia & Maliar, Serguei, 2022. "Deep learning classification: Modeling discrete labor choice," Journal of Economic Dynamics and Control, Elsevier, vol. 135(C).
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    34. Soyoung Lee, 2023. "The Macroeconomic Effects of Debt Relief Policies During Recessions," Staff Working Papers 23-48, Bank of Canada.
    35. Papp, Tamás K. & Reiter, Michael, 2020. "Estimating linearized heterogeneous agent models using panel data," Journal of Economic Dynamics and Control, Elsevier, vol. 115(C).
    36. Bayer, Christian & Luetticke, Ralph, 2018. "Solving heterogeneous agent models in discrete time with many idiosyncratic states by perturbation methods," CEPR Discussion Papers 13071, C.E.P.R. Discussion Papers.
    37. Ribeiro, Gustavo & Teles, Vladmir & Costa-Filho, João, 2023. "The Spending Cap and Monetary Policy Effectiveness," MPRA Paper 116148, University Library of Munich, Germany.
    38. Yoontae Hwang & Yongjae Lee & Frank J. Fabozzi, 2023. "Identifying household finance heterogeneity via deep clustering," Annals of Operations Research, Springer, vol. 325(2), pages 1255-1289, June.
    39. Ma, Qingyin & Stachurski, John & Toda, Alexis Akira, 2020. "The income fluctuation problem and the evolution of wealth," Journal of Economic Theory, Elsevier, vol. 187(C).
    40. Jesús Fernández-Villaverde & Samuel Hurtado & Galo Nuño, 2019. "Financial Frictions and the Wealth Distribution," NBER Working Papers 26302, National Bureau of Economic Research, Inc.
    41. Adrien Auclert & Bence Bardóczy & Matthew Rognlie & Ludwig Straub, 2019. "Using the Sequence-Space Jacobian to Solve and Estimate Heterogeneous-Agent Models," NBER Working Papers 26123, National Bureau of Economic Research, Inc.
    42. Rendahl, Pontus, 2022. "Continuous vs. discrete time: Some computational insights," Journal of Economic Dynamics and Control, Elsevier, vol. 144(C).
    43. Antoine Bozio & Bertrand Garbinti & Jonathan Goupille-Lebret & Malka Guillot & Thomas Piketty, 2024. "Predistribution versus Redistribution: Evidence from France and the United States," American Economic Journal: Applied Economics, American Economic Association, vol. 16(2), pages 31-65, April.
    44. Matthias Birkner & Niklas Scheuer & Klaus Wälde, 2023. "The dynamics of Pareto distributed wealth in a small open economy," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 76(2), pages 607-644, August.
    45. Timo Boppart & Per Krusell & Kurt Mitman, 2017. "Exploiting MIT Shocks in Heterogeneous-Agent Economies: The Impulse Response as a Numerical Derivative," NBER Working Papers 24138, National Bureau of Economic Research, Inc.
    46. Clemens, Marius & Eydam, Ulrich & Heinemann, Maik, 2023. "Inequality over the business cycle: the role of distributive shocks," Macroeconomic Dynamics, Cambridge University Press, vol. 27(3), pages 571-600, April.
    47. Achdou, Yves & Han, Jiequn & Lasry, Jean Michel & Lions, Pierre Louis & Moll, Ben, 2022. "Income and wealth distribution in macroeconomics: a continuous-time approach," LSE Research Online Documents on Economics 107422, London School of Economics and Political Science, LSE Library.
    48. Tsuboi, Mizuki, 2019. "Consumption, welfare, and stochastic population dynamics when technology shocks are (Un)tied," Economic Modelling, Elsevier, vol. 79(C), pages 74-85.
    49. Namkhaijantsan, Ninjin, 2018. "Consumption and Savings Behaviour under Household Heterogeneity and Mortgage Debt," MPRA Paper 107033, University Library of Munich, Germany.
    50. Carlos Madeira & Leonardo Salazar, 2023. "The Impact of Monetary Policy on a Labor Market with Heterogeneous Workers: The Case of Chile," Working Papers Central Bank of Chile 980, Central Bank of Chile.
    51. Grimaud, Alex, 2021. "Precautionary saving and un-anchored expectations," MPRA Paper 108931, University Library of Munich, Germany.
    52. François Le Grand & Xavier Ragot, 2022. "Refining the Truncation Method to Solve Heterogeneous-Agent Models," Annals of Economics and Statistics, GENES, issue 146, pages 65-91.
    53. Aditya Aladangady & Etienne Gagnon & Benjamin K. Johannsen & William B. Peterman, 2021. "Macroeconomic Implications of Inequality and Income Risk," Finance and Economics Discussion Series 2021-073, Board of Governors of the Federal Reserve System (U.S.).
    54. 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.
    55. Matusche, Alexander & Wacks, Johannes, 2023. "Does wealth inequality affect the transmission of monetary policy?," Journal of Macroeconomics, Elsevier, vol. 75(C).
    56. Nils M. Gornemann & Keith Kuester & Makoto Nakajima, 2021. "Doves for the Rich, Hawks for the Poor? Distributional Consequences of Systematic Monetary Policy," Opportunity and Inclusive Growth Institute Working Papers 50, Federal Reserve Bank of Minneapolis.
    57. Gross, Marco, 2022. "Beautiful cycles: A theory and a model implying a curious role for interest," Economic Modelling, Elsevier, vol. 106(C).
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    61. Margaret Jacobson, 2019. "Beliefs, Aggregate Risk, and the U.S. Housing Boom," 2019 Meeting Papers 1549, Society for Economic Dynamics.
    62. Juan Carlos Parra‐Alvarez & Olaf Posch & Mu‐Chun Wang, 2023. "Estimation of Heterogeneous Agent Models: A Likelihood Approach," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 85(2), pages 304-330, April.
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    64. Feld, Lars P. & Schmidt, Christoph M. & Schnabel, Isabel & Truger, Achim & Wieland, Volker, 2019. "Den Strukturwandel meistern. Jahresgutachten 2019/20 [Dealing with Structural Change. Annual Report 2019/20]," Annual Economic Reports / Jahresgutachten, German Council of Economic Experts / Sachverständigenrat zur Begutachtung der gesamtwirtschaftlichen Entwicklung, volume 127, number 201920.
    65. Man Chon Iao & Yatheesan J. Selvakumar, 2024. "Estimating HANK with Micro Data," Papers 2402.11379, arXiv.org.
    66. Xiangyu Feng & Nir Jaimovich & Krishna Rao & Stephen J Terry & Nicolas Vincent, 2023. "Location, Location, Location: Manufacturing and House Price Growth," The Economic Journal, Royal Economic Society, vol. 133(653), pages 2055-2067.
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    85. Kase, Hanno & Melosi, Leonardo & Rottner, Matthias, 2022. "Estimating Nonlinear Heterogeneous Agents Models with Neural Networks," CEPR Discussion Papers 17391, C.E.P.R. Discussion Papers.
    86. Shuhei Aoki & Makoto Nirei & Kazufumi Yamana, 2023. "Financial Innovations, Taxes, and the Growth of Finance," CARF F-Series CARF-F-574, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
    87. 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.
    88. Michael Reiter, 2019. "Solving Heterogeneous Agent Models with Non-convex Optimization Problems: Linearization and Beyond %," 2019 Meeting Papers 1048, Society for Economic Dynamics.
    89. Nobuhide Okahata, 2019. "An Alternative Solution Method for Continuous-Time Heterogeneous Agent Models with Aggregate Shocks," 2019 Meeting Papers 1470, Society for Economic Dynamics.
    90. Gorodnichenko, Yuriy & Maliar, Serguei & Naubert, Christopher, 2020. "Household Savings and Monetary Policy under Individual and Aggregate Stochastic Volatility," CEPR Discussion Papers 15614, C.E.P.R. Discussion Papers.
    91. Karsten O. Chipeniuk, 2020. "Optimal Grid Selection for the Numerical Solution of Dynamic Stochastic Optimization Problems," Computational Economics, Springer;Society for Computational Economics, vol. 56(4), pages 883-928, December.
    92. Hasumi, Ryo & Iiboshi, Hirokuni, 2019. "A Bayesian Estimation of HANK models with Continuous Time Approach:Comparison between US and Japan," MPRA Paper 92292, University Library of Munich, Germany.
    93. Heejeong Kim, 2021. "Online Appendix to "Inequality, Disaster risk, and the Great Recession"," Online Appendices 19-390, Review of Economic Dynamics.
    94. Yujie Yang & Chenxing Zhang & Wenwen Hou, 2024. "CBDC, cash, and financial intermediary in HANK," Portuguese Economic Journal, Springer;Instituto Superior de Economia e Gestao, vol. 23(3), pages 383-420, September.
    95. Andreas Tryphonides, 2019. "Qualitative Surveys And Margins Of Adjustment In Heterogeneous Agent Economies," 2019 Meeting Papers 1415, Society for Economic Dynamics.
    96. Arrigoni, Simone & Boyd, Laura & McIndoe-Calder, Tara, 2022. "Household Economic Resilience," Quarterly Bulletin Articles, Central Bank of Ireland, pages 88-113, October.
    97. Juan Carlos Parra-Alvarez & Olaf Posch & Mu-Chun Wang, 2020. "Estimation of heterogeneous agent models: A likelihood approach," CREATES Research Papers 2020-05, Department of Economics and Business Economics, Aarhus University.
    98. Broer, Tobias & Kohlhas, Alexandre & Mitman, Kurt & Schlafmann, Kathrin, 2021. "On the Possibility of Krusell-Smith Equilibria," CEPR Discussion Papers 16667, C.E.P.R. Discussion Papers.
    99. Chenxin Zhang & Yujie Yang & Wenwen Hou, 2025. "Trade Friction in Two-Country HANK with Financial Friction," Computational Economics, Springer;Society for Computational Economics, vol. 65(1), pages 365-394, January.
    100. Lee, Hanbaek, 2022. "Repeated Transition Method and the Nonlinear Business Cycle with the Corporate Saving Glut," MPRA Paper 115887, University Library of Munich, Germany.
    101. Francesco Ferlaino, 2024. "Does the financial accelerator accelerate inequalities?," Working Papers 538, University of Milano-Bicocca, Department of Economics.
    102. Sebastian Gechert, 2022. "Reconsidering macroeconomic policy prescriptions with meta-analysis," Chemnitz Economic Papers 053, Department of Economics, Chemnitz University of Technology, revised Jan 2022.
    103. Emoto, Masakazu & Sunakawa, Takeki, 2021. "Applying the explicit aggregation algorithm to heterogeneous agent models in continuous time," Economics Letters, Elsevier, vol. 206(C).
    104. Bent Jesper Christensen & Luca Neri & Juan Carlos Parra-Alvarez, 2022. "Estimation of continuous-time linear DSGE models from discrete-time measurements," CREATES Research Papers 2022-12, Department of Economics and Business Economics, Aarhus University.
    105. Johannes Wieland, 2024. "Comment on "Heterogeneity and Aggregate Fluctuations: Insights from TANK Models"," NBER Chapters, in: NBER Macroeconomics Annual 2024, volume 39, National Bureau of Economic Research, Inc.
    106. Shunya Noda & Kazuhiro Teramoto, 2024. "A dynamic model of rational “panic buying”," Quantitative Economics, Econometric Society, vol. 15(2), pages 489-521, May.
    107. Sagiri Kitao & Tomoaki Yamada, 2025. "Earnings, income, and wealth inequality in Japan: a long-term perspective, 1984–2019," The Japanese Economic Review, Springer, vol. 76(2), pages 231-283, April.
    108. Nicolas Caramp & Dejanir H. Silva, 2021. "Monetary Policy and Wealth Effects: The Role of Risk and Heterogeneity," Working Papers 341, University of California, Davis, Department of Economics.
    109. Felipe Alves & Christian Bustamante & Xing Guo & Katya Kartashova & Soyoung Lee & Thomas Michael Pugh & Kurt See & Yaz Terajima & Alexander Ueberfeldt, 2022. "Heterogeneity and Monetary Policy: A Thematic Review," Discussion Papers 2022-2, Bank of Canada.
    110. Lambert Dong, 2024. "Strategic complementarities as stochastic control under sticky price," Papers 2403.19847, arXiv.org.
    111. Schesch, Constantin, 2024. "Pseudospectral methods for continuous-time heterogeneous-agent models," Journal of Economic Dynamics and Control, Elsevier, vol. 163(C).

  12. Ufuk Akcigit & Fernando Alvarez & Stephane Bonhomme & George M Constantinides & Douglas W Diamond & Eugene F Fama & David W Galenson & Michael Greenstone & Lars Peter Hansen & Uhlig Harald & James J H, 2017. "The Past, Present, and Future of Economics: A Celebration of the 125-Year Anniversary of the JPE and of Chicago Economics," Natural Field Experiments 00635, The Field Experiments Website.

    Cited by:

    1. Max Nathan & Anna Rosso, 2019. "Innovative events," CEP Discussion Papers dp1607, Centre for Economic Performance, LSE.
    2. Seung Kyum Kim & Paul Joosse & Mia M. Bennett & Terry Gevelt, 2020. "Impacts of green infrastructure on flood risk perceptions in Hong Kong," Climatic Change, Springer, vol. 162(4), pages 2277-2299, October.
    3. John List, 2021. "2021 Summary Data of Artefactual Field Experiments Published on Fieldexperiments.com," Artefactual Field Experiments 00749, The Field Experiments Website.

  13. Fatih Guvenen & Greg Kaplan & Jae Song & Justin Weidner, 2017. "Lifetime Incomes in the United States over Six Decades," NBER Working Papers 23371, National Bureau of Economic Research, Inc.

    Cited by:

    1. Michael Watts & Jose V. Rodriguez Mora & David Comerford, 2017. "The Rise of Meritocracy and the Inheritance of Advantage," 2017 Meeting Papers 1644, Society for Economic Dynamics.
    2. Paz-Pardo, Gonzalo, 2021. "Homeownership and portfolio choice over the generations," Working Paper Series 2522, European Central Bank.
    3. Giovanni Gallipoli & Brant Abbott, 2017. ""Permanent Income" Inequality," 2017 Meeting Papers 1033, Society for Economic Dynamics.
    4. Haan, Peter & Kemptner, Daniel & Lüthen, Holger, 2020. "The rising longevity gap by lifetime earnings – Distributional implications for the pension system," The Journal of the Economics of Ageing, Elsevier, vol. 17(C).
    5. Anne Case & Angus Deaton, 2017. "Mortality and Morbidity in the 21st Century," Working Papers 2017-spring, Princeton University, Woodrow Wilson School of Public and International Affairs, Research Program in Development Studies..
    6. De Nardi, Mariacristina & Borella, Margherita & Yang, Fang, 2019. "The lost ones: the opportunities and outcomes of non-college educated Americans born in the 1960s," CEPR Discussion Papers 13582, C.E.P.R. Discussion Papers.
    7. Moritz Drechsel-Grau & Fabian Greimel, 2020. "Falling Behind: Has Rising Inequality Fueled the American Debt Boom?," CRC TR 224 Discussion Paper Series crctr224_2020_159v2, University of Bonn and University of Mannheim, Germany.
    8. Richard Blundell & Robert Joyce & Agnes Norris Keiller & James P. Ziliak, 2017. "Income inequality and the labour market in Britain and the US," IFS Working Papers W17/25, Institute for Fiscal Studies.
    9. Ashworth, Jared & Ransom, Tyler, 2019. "Has the college wage premium continued to rise? Evidence from multiple U.S. surveys," Economics of Education Review, Elsevier, vol. 69(C), pages 149-154.
    10. Eeckhout, Jan & De loecker, Jan, 2017. "The Rise of Market Power and the Macroeconomic Implications," CEPR Discussion Papers 12221, C.E.P.R. Discussion Papers.
    11. David Comerford & José V. Rodríguez Mora & Michael J. Watts, 2022. "Meritocracy and the inheritance of advantage," Journal of Economic Growth, Springer, vol. 27(2), pages 235-272, June.
    12. Adler, Matthew & Ferranna, Maddalena & Hammitt, James K. & Treich, Nicolas, 2019. "Fair Innings? The Utilitarian and Prioritarian Value of Risk Reduction over a Whole Lifetime," TSE Working Papers 19-1054, Toulouse School of Economics (TSE).
    13. Benoit Dostie & Genevieve Dufour & Raquel Fonseca & Étienne Lalé, 2020. "Évolution séculaire du profil des salaires en fonction de l’âge : Québec, Canada et États-Unis," CIRANO Project Reports 2020rp-21, CIRANO.
    14. Prettner, Klaus & Schäfer, Andreas, 2016. "Higher education and the fall and rise of inequality," ECON WPS - Working Papers in Economic Theory and Policy 03/2016, TU Wien, Institute of Statistics and Mathematical Methods in Economics, Economics Research Unit.
    15. Elin Halvorsen & Serdar Ozkan & Sergio Salgado, 2021. "Earnings Dynamics and Its Intergenerational Transmission: Evidence from Norway," Working Papers 2021-015, Federal Reserve Bank of St. Louis, revised 07 Jul 2022.
    16. Klaus Prettner & Andreas Schaefer, 2021. "The U‐Shape of Income Inequality over the 20th Century: The Role of Education," Scandinavian Journal of Economics, Wiley Blackwell, vol. 123(2), pages 645-675, April.
    17. Puggioni Daniela & Calderón Mariana & Cebreros Alfonso & Fernández León & Inguanzo José A. & Jaume David, 2022. "Inequality, Income Dynamics, and Transitions of Mexican Workers," Working Papers 2022-14, Banco de México.
    18. Storesletten, Kjetil & Heathcote, Jonathan & Violante, Giovanni, 2020. "How Should Tax Progressivity Respond to Rising Income Inequality," CEPR Discussion Papers 15394, C.E.P.R. Discussion Papers.
    19. Fatih Karahan & Serdar Ozkan & Jae Song, 2019. "Anatomy of Lifetime Earnings Inequality: Heterogeneity in Job Ladder Risk vs. Human Capital," Staff Reports 908, Federal Reserve Bank of New York.
    20. Seckler, Matthias, 2019. "Increasing inequality in lifetime earnings: A tale of educational upgrading and changing employment patterns," University of Tübingen Working Papers in Business and Economics 119, University of Tuebingen, Faculty of Economics and Social Sciences, School of Business and Economics.
    21. Rasmus Lentz & Jean Marc Robin & Suphanit Piyapromdee, 2018. "On Worker and Firm Heterogeneity in Wages and Employment Mobility: Evidence from Danish Register Data," 2018 Meeting Papers 469, Society for Economic Dynamics.
    22. Gabriel Garber & Atif R. Mian & Jacopo Ponticelli & Amir Sufi, 2021. "Consumption Smoothing or Consumption Binging? The effects of government-led consumer credit expansion in Brazil," NBER Working Papers 29386, National Bureau of Economic Research, Inc.
    23. Atif R. Mian & Ludwig Straub & Amir Sufi, 2020. "The Saving Glut of the Rich," NBER Working Papers 26941, National Bureau of Economic Research, Inc.
    24. Arellano-Bover, Jaime, 2020. "Career Consequences of Firm Heterogeneity for Young Workers: First Job and Firm Size," IZA Discussion Papers 12969, Institute of Labor Economics (IZA).
    25. Laura A Harvey & James Rockey, 2020. "The declining fortunes of (most) American workers," University of East Anglia School of Economics Working Paper Series 2020-04, School of Economics, University of East Anglia, Norwich, UK..
    26. Brendler, Pavel, 2023. "Rising earnings inequality and optimal income tax and social security policies," Journal of Monetary Economics, Elsevier, vol. 134(C), pages 35-52.
    27. Glaubitz, Rick & Harnack-Eber, Astrid & Wetter, Miriam, 2022. "The gender gap in lifetime earnings: The role of parenthood," Discussion Papers 2022/3, Free University Berlin, School of Business & Economics.
    28. Laura Feiveson & Nils M. Gornemann & Julie L. Hotchkiss & Karel Mertens & Jae W. Sim, 2020. "Distributional Considerations for Monetary Policy Strategy," Finance and Economics Discussion Series 2020-073, Board of Governors of the Federal Reserve System (U.S.).
    29. Atif Mian & Ludwig Straub & Amir Sufi, 2020. "The Saving Glut of the Rich and the Rise in Household Debt," CESifo Working Paper Series 8201, CESifo.
    30. Richiardi, Matteo & He, Zhechun, 2020. "Measuring economic insecurity: a simulation approach," Centre for Microsimulation and Policy Analysis Working Paper Series CEMPA2/20, Centre for Microsimulation and Policy Analysis at the Institute for Social and Economic Research.
    31. Moshe Justman & Hadas Stiassnie, 2020. "Intergenerational mobility in lifetime income," Working Papers 522, ECINEQ, Society for the Study of Economic Inequality.
    32. Daniela Puggioni & Mariana Calderón & Alfonso Cebreros Zurita & León Fernández Bujanda & José Antonio Inguanzo González & David Jaume, 2022. "Inequality, income dynamics, and worker transitions: The case of Mexico," Quantitative Economics, Econometric Society, vol. 13(4), pages 1669-1705, November.
    33. Brant Abbott & Giovanni Gallipoli, 2018. "Human Capital Inequality: Empirical Evidence," Working Papers 2018-085, Human Capital and Economic Opportunity Working Group.
    34. Rick Glaubitz & Astrid Harnack-Eber & Miriam Wetter, 2022. "The Gender Gap in Lifetime Earnings: The Role of Parenthood," Discussion Papers of DIW Berlin 2001, DIW Berlin, German Institute for Economic Research.
    35. Kösem, Sevim, 2021. "Income inequality, mortgage debt and house prices," Bank of England working papers 921, Bank of England.
    36. Margherita Borella & Fang Yang & Mariacristina De Nardi, 2019. "The changing opportunities and outcomes of non-college educated Americans," 2019 Meeting Papers 206, Society for Economic Dynamics.
    37. Mikkel Høst Gandil, 2023. "Rank-correlations are not robust to differences in group inequality," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 21(1), pages 201-217, March.
    38. Hope Bodenschatz & Gerald Eric Daniels Jr. & Jeffrey P. Thompson, 2023. "Decomposing Lifetime-Earnings Differences between White, Black, and Hispanic Families," Working Papers 23-14, Federal Reserve Bank of Boston.
    39. Matthias Seckler, 2022. "Increasing Inequality in Long‐Term Earnings: A Tale of Educational Upgrading and Changing Employment Patterns," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 68(3), pages 617-652, September.
    40. Corneo, Giacomo, 2020. "Progressive Sovereign Wealth Funds," CEPR Discussion Papers 14746, C.E.P.R. Discussion Papers.
    41. Moshe Justman & Hadas Stiassnie, 2021. "Inequality in Lifetime Earnings, 1986-2012," Working Papers 579, ECINEQ, Society for the Study of Economic Inequality.
    42. Carr, Michael D. & Wiemers, Emily E., 2022. "The decline in long-term earnings mobility in the U.S.: Evidence from survey-linked administrative data," Labour Economics, Elsevier, vol. 78(C).

  14. Violante, Giovanni & Kaplan, Greg & Mitman, Kurt, 2017. "The Housing Boom and Bust: Model Meets Evidence," CEPR Discussion Papers 12215, C.E.P.R. Discussion Papers.

    Cited by:

    1. Caloia, Francesco G., 2024. "Borrower-based measures, house prices and household debt," Journal of International Money and Finance, Elsevier, vol. 143(C).
    2. Julia Le Blanc & Jiri Slacalek & Matthew N. White, 2025. "Housing Wealth Across Countries: The Role of Expectations, Institutions and Preferences," CESifo Working Paper Series 11621, CESifo.
    3. Kirill S. Glavatskiy & Mikhail Prokopenko & Adrian Carro & Paul Ormerod & Michael Harré, 2021. "Explaining herding and volatility in the cyclical price dynamics of urban housing markets using a large-scale agent-based model," SN Business & Economics, Springer, vol. 1(6), pages 1-21, June.
    4. Pancrazi, Roberto & Pietrunti, Mario, 2015. "Natural Expectations and Home Equity Extraction," The Warwick Economics Research Paper Series (TWERPS) 1068, University of Warwick, Department of Economics.
    5. Ma, Xutao & Zhang, Zhen, 2022. "Expectations, credit conditions, and housing boom-bust: Evidence from SVAR with sign and zero restrictions," Journal of Banking & Finance, Elsevier, vol. 134(C).
    6. Bahaj, Saleem & Foulis, Angus & Pinter, Gabor, 2017. "Home values and firm behaviour," Bank of England working papers 679, Bank of England.
    7. Andrea Gazzani, 2020. "News and noise bubbles in the housing market," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 36, pages 46-72, April.
    8. Qian, Wei, 2023. "House price expectations and household consumption," Journal of Economic Dynamics and Control, Elsevier, vol. 151(C).
    9. Theresa Kuchler & Monika Piazzesi & Johannes Stroebel, 2022. "Housing Market Expectations," NBER Working Papers 29909, National Bureau of Economic Research, Inc.
    10. Jung Sakong, 2021. "Effect of Ownership Composition on Property Prices and Rents: Evidence from Chinese Investment Boom in US Housing Markets," Working Paper Series WP-2021-12, Federal Reserve Bank of Chicago.
    11. Atif Mian & Amir Sufi, 2018. "Finance and Business Cycles: The Credit-Driven Household Demand Channel," Journal of Economic Perspectives, American Economic Association, vol. 32(3), pages 31-58, Summer.
    12. William N Goetzmann & Christophe Spaenjers & Stijn Van Nieuwerburgh, 2021. "Real and Private-Value Assets [Gendered prices]," The Review of Financial Studies, Society for Financial Studies, vol. 34(8), pages 3497-3526.
    13. Bram De Rock & Mariia Kovaleva & Tom Potoms, 2025. "Housing Wealth, Marital Stability and Labor Supply :an Intertemporal Analysis," Working Papers ECARES 2025-04, ULB -- Universite Libre de Bruxelles.
    14. Gianluca Cafiso, 2022. "Loans to Different Groups and Economic Activity at Times of Crisis and Growth," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 84(3), pages 594-623, June.
    15. Zheng Liu & Pengfei Wang & Tao Zha, 2019. "A Theory of Housing Demand Shocks," NBER Working Papers 25667, National Bureau of Economic Research, Inc.
    16. Gulan, Adam & Jokivuolle, Esa & Verona, Fabio, 2022. "Optimal bank capital requirements: What do the macroeconomic models say?," BoF Economics Review 2/2022, Bank of Finland.
    17. Bartscher, Alina & Kuhn, Moritz & Schularick, Moritz & Steins, Ulrike, 2024. "The Distribution of Household Debt in the United States, 1950-2019," CEPR Discussion Papers 18929, C.E.P.R. Discussion Papers.
    18. Daniel Jonas Schmidt, "undated". "Property transfer taxes, residential mobility, and welfare," Tinbergen Institute Discussion Papers 22-042/VI, Tinbergen Institute.
    19. Alina K. Bartscher & Moritz Kuhn & Moritz Schularick & Ulrike I. Steins, 2020. "Modigliani Meets Minsky: Inequality, Debt, and Financial Fragility in America, 1950-2016," CESifo Working Paper Series 8273, CESifo.
    20. Moritz Drechsel-Grau & Fabian Greimel, 2020. "Falling Behind: Has Rising Inequality Fueled the American Debt Boom?," CRC TR 224 Discussion Paper Series crctr224_2020_159v2, University of Bonn and University of Mannheim, Germany.
    21. Carlos Garriga & Athena Tsouderou & Pedro Gete, 2019. "Housing Dynamics without Homeowners. The Role of I," 2019 Meeting Papers 1407, Society for Economic Dynamics.
    22. Alina Bartscher & Moritz Kuhn & Moritz Schularick & Ulrike Steins, 2025. "Online Appendix to "The Distribution of Household Debt in the United States, 1950-2022"," Online Appendices 24-152, Review of Economic Dynamics.
    23. Thomas Hintermaier & Winfried Koeniger, 2018. "Differences in Euro-Area Household Finances and their Relevance for Monetary-Policy Transmission," CESifo Working Paper Series 7088, CESifo.
    24. Yunus Aksoy & Henrique S. Basso & Carolyn St Aubyn, 2019. "Time Variation in Lifecycle Consumption and Income," BCAM Working Papers 1904, Birkbeck Centre for Applied Macroeconomics.
    25. Christopher L. Foote & Paul S. Willen, 2017. "Mortgage-default research and the recent foreclosure crisis," Working Papers 17-13, Federal Reserve Bank of Boston.
    26. Despina Gavresi & Anastasia Litina & Christos A. Makridis, 2024. "Split personalities? Behavioral effects of temperature on financial decision‐making," Kyklos, Wiley Blackwell, vol. 77(3), pages 664-689, August.
    27. Martin Eichenbaum & Sergio Rebelo & Arlene Wong, 2022. "State-Dependent Effects of Monetary Policy: The Refinancing Channel," American Economic Review, American Economic Association, vol. 112(3), pages 721-761, March.
    28. Kim, Jiseob, 2020. "Macroeconomic effects of the mortgage refinance and the home equity lines of credit," Journal of Economic Dynamics and Control, Elsevier, vol. 121(C).
    29. Li, Wenli & Meghir, Costas & Oswald, Florian, 2022. "Consumer Bankruptcy, Mortgage Default and Labor Supply," CEPR Discussion Papers 17117, C.E.P.R. Discussion Papers.
    30. Hilber, Christian A. L. & Mense, Andreas, 2021. "Why have house prices risen so much more than rents in superstar cities?," LSE Research Online Documents on Economics 112668, London School of Economics and Political Science, LSE Library.
    31. Sangyup Choi & Kimoon Jeong & Jiseob Kim, 2024. "Asymmetric Mortgage Channel of Monetary Policy: Refinancing as a Call Option," Working papers 2024rwp-228, Yonsei University, Yonsei Economics Research Institute.
    32. Kasper Kragh Balke & Markus Karlman & Karin Kinnerud, 2024. "Winners and Losers from Property Taxation," Working Papers 04/2024, Centre for Household Finance and Macroeconomic Research (HOFIMAR), BI Norwegian Business School.
    33. Díaz Rodríguez, Antonia & Jerez García-Vaquero, María Belén & Rincón-Zapatero, Juan Pablo, 2020. "Housing prices and credit constraints in competitive search," UC3M Working papers. Economics 30623, Universidad Carlos III de Madrid. Departamento de Economía.
    34. Renata Bottazzi & Serena Trucchi & Matthew Wakefield, 2019. "Labour Supply Responses to Financial Wealth Shocks: Evidence from in Italy," Working Papers 2019:10, Department of Economics, University of Venice "Ca' Foscari".
    35. Koeniger, Winfried & Ramelet, Marc-Antoine, 2018. "Home ownership and monetary policy transmission," CFS Working Paper Series 615, Center for Financial Studies (CFS).
    36. Zhenyu Gao & Michael Sockin & Wei Xiong, 2019. "Economic Consequences of Housing Speculation," NBER Working Papers 26457, National Bureau of Economic Research, Inc.
    37. Luisa Corrado & Aicha Kharazi, 2022. "Collateral, Household Borrowing, and Income Distribution," BEMPS - Bozen Economics & Management Paper Series BEMPS90, Faculty of Economics and Management at the Free University of Bozen.
    38. Shahar Rotberg, 2022. "The Implications Of Housing For The Design Of Wealth Taxes," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 63(1), pages 125-159, February.
    39. Conor O'Toole & Kieran McQuinn & Philip Economides, 2021. "Household savings constraints, uncertainty and macroprudential policy," Scottish Journal of Political Economy, Scottish Economic Society, vol. 68(2), pages 238-260, May.
    40. Egle Jakucionyte & Swapnil Singh, 2020. "Bowling Alone, Buying Alone: The Decline of Co-Borrowers in the US Mortgage Market," Bank of Lithuania Working Paper Series 78, Bank of Lithuania.
    41. Harmenberg, Karl, 2020. "Aggregating Heterogeneous-Agent Models with Permanent Income Shocks," Working Papers 13-2020, Copenhagen Business School, Department of Economics.
    42. Mehrotra, Neil & Sergeyev, Dmitriy, 2021. "Financial shocks, firm credit and the Great Recession," Journal of Monetary Economics, Elsevier, vol. 117(C), pages 296-315.
    43. Marco M. Sorge, 2025. "Politics, Financial Regulation and Housing Bubbles," The Journal of Real Estate Finance and Economics, Springer, vol. 70(1), pages 65-91, January.
    44. Callum Jones, 2018. "Household Leverage and the Recession," 2018 Meeting Papers 933, Society for Economic Dynamics.
    45. Pierre Mabille, 2019. "Aggregate Precautionary Savings Motives," 2019 Meeting Papers 344, Society for Economic Dynamics.
    46. Adam Guren & Alisdair McKay & Emi Nakamura & Jón Steinsson, 2020. "What Do We Learn From Cross-Regional Empirical Estimates in Macroeconomics?," NBER Working Papers 26881, National Bureau of Economic Research, Inc.
    47. Federica Ciocchetta & Elisa Guglielminetti & Alessandro Mistretta, 2024. "What Drives House Prices in Europe?," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 86(5), pages 1089-1121, October.
    48. Tobias Herbst & Moritz Kuhn & Farzad Saidi, 2024. "Army of Mortgagors: Long-Run Evidence on Credit Externalities and the Housing Market," Opportunity and Inclusive Growth Institute Working Papers 087, Federal Reserve Bank of Minneapolis.
    49. 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.
    50. Mark Gertler & Simon Gilchrist, 2018. "What Happened: Financial Factors in the Great Recession," Journal of Economic Perspectives, American Economic Association, vol. 32(3), pages 3-30, Summer.
    51. Tarek Alexander Hassan & Stephan Hollander & Laurence van Lent & Markus Schwedeler & Ahmed Tahoun, 2020. "Firm-Level Exposure to Epidemic Diseases: COVID-19, SARS, and H1N1," NBER Working Papers 26971, National Bureau of Economic Research, Inc.
    52. Martín, Alberto & Moral-Benito, Enrique & Schmitz, Tom, 2019. "The Financial Transmission of Housing Booms: Evidence from Spain," CEPR Discussion Papers 12999, C.E.P.R. Discussion Papers.
    53. Alpanda, Sami & Granziera, Eleonora & Zubairy, Sarah, 2019. "State dependence of monetary policy across business, credit and interest rate cycles," Bank of Finland Research Discussion Papers 16/2019, Bank of Finland.
    54. Jørgensen, Peter Lihn, 2023. "The global savings glut and the housing boom," Journal of Economic Dynamics and Control, Elsevier, vol. 146(C).
    55. Yunho Cho & James Morley & Aarti Singh, 2024. "Did marginal propensities to consume change with the housing boom and bust?," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 39(1), pages 174-199, January.
    56. Christian A. L. Hilber & Olivier Schoni, 2022. "Housing policy and affordable housing," CEP Occasional Papers 56, Centre for Economic Performance, LSE.
    57. Faria-e-Castro, Miguel, 2021. "A quantitative analysis of the countercyclical capital buffer," ESRB Working Paper Series 120, European Systemic Risk Board.
    58. Soyoung Lee, 2023. "The Macroeconomic Effects of Debt Relief Policies During Recessions," Staff Working Papers 23-48, Bank of Canada.
    59. Zekai He & Jingjing Ye & Xiuzhen Shi, 2020. "Housing wealth and household consumption in urban China," Urban Studies, Urban Studies Journal Limited, vol. 57(8), pages 1714-1732, June.
    60. Barrero, Jose Maria, 2022. "The micro and macro of managerial beliefs," Journal of Financial Economics, Elsevier, vol. 143(2), pages 640-667.
    61. Eunseoung Ma & Sarah Zubairy, 2020. "Homeownership and Housing Transitions: Explaining the Demographic Composition," Departmental Working Papers 2020-04, Department of Economics, Louisiana State University.
    62. Varadi, Alexandra, 2021. "Identifying the transmission channels of credit supply shocks to household debt: price and non-price effects," Bank of England working papers 927, Bank of England.
    63. Daniel García, 2020. "Employment in the Great Recession: How Important Were Household Credit Supply Shocks?," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 52(1), pages 165-203, February.
    64. Zhou, Jing, 2022. "Collateral quality and house prices," Journal of Economic Dynamics and Control, Elsevier, vol. 145(C).
    65. Arigoni, Filippo & McCann, Fergal & Yao, Fang, 2022. "Mortgage credit and house prices: evidence to inform macroprudential policy," Financial Stability Notes 11/FS/22, Central Bank of Ireland.
    66. Albanesi, Stefania & De Giorgi, Giacomo & Nosal, Jaromir, 2017. "Credit Growth and the Financial Crisis: A New Narrative," CEPR Discussion Papers 12230, C.E.P.R. Discussion Papers.
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    Cited by:

    1. Sandor Axelrod & David E. Lebow & Ekaterina V. Peneva, 2018. "Perceptions and Expectations of Inflation by U.S. Households," Finance and Economics Discussion Series 2018-073, Board of Governors of the Federal Reserve System (U.S.).
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    4. Richard K. Crump & Stefano Eusepi & Andrea Tambalotti & Giorgio Topa, 2015. "Subjective Intertemporal Substitution," Staff Reports 734, Federal Reserve Bank of New York.
    5. Lee, Munseob & Macaluso, Claudia & Schwartzman, Felipe, 2024. "Minority Inflation, Unemployment, and Monetary Policy," IZA Discussion Papers 17502, Institute of Labor Economics (IZA).
    6. Brancatelli, Calogero & Inderst, Roman, 2022. "Income and Consumption over the Business Cycle: Evidence from Matched Administrative Data," CEPR Discussion Papers 16883, C.E.P.R. Discussion Papers.
    7. Ina Hajdini & Edward S. Knotek & John Leer & Mathieu Pedemonte & Robert W. Rich & Raphael Schoenle, 2022. "Indirect Consumer Inflation Expectations: Theory and Evidence," Working Papers 22-35, Federal Reserve Bank of Cleveland.
    8. Huber, Stefanie J. & Minina, Daria & Schmidt, Tobias, 2023. "The pass-through from inflation perceptions to inflation expectations," Discussion Papers 17/2023, Deutsche Bundesbank.
    9. Carola Frydman & Raven Molloy, 2024. "A Real Great Compression: Inflation and Inequality in the 1940s," NBER Chapters, in: The Economic History of American Inequality: New Evidence and Perspectives, pages 45-84, National Bureau of Economic Research, Inc.
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    62. Jess Diamond & Kota Watanabe & Tsutomu Watanabe, 2018. "The Formation of Consumer Inflation Expectations: New Evidence From Japan's Deflation Experience," CARF F-Series CARF-F-442, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
    63. Sarantis Tsiaplias, 2021. "Consumer inflation expectations, income changes and economic downturns," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 36(6), pages 784-807, September.
    64. Ampudia, Miguel & Ehrmann, Michael & Strasser, Georg, 2024. "Shopping behavior and the effect of monetary policy on inflation heterogeneity along the income distribution," Journal of Monetary Economics, Elsevier, vol. 148(C).
    65. Xavier Jaravel & Martin O'Connell, 2020. "High‐Frequency Changes in Shopping Behaviours, Promotions and the Measurement of Inflation: Evidence from the Great Lockdown," Fiscal Studies, John Wiley & Sons, vol. 41(3), pages 733-755, September.
    66. Marina Tkalec, 0000. "Inflation response to the COVID-19 pandemic and government interventions: Evidence from EU-27," Proceedings of Economics and Finance Conferences 14216251, International Institute of Social and Economic Sciences.
    67. Goldfayn-Frank, Olga & Wohlfart, Johannes, 2019. "How Do Consumers Adapt to a New Environment in their economic forecasting? Evidence from the German Reunification," VfS Annual Conference 2019 (Leipzig): 30 Years after the Fall of the Berlin Wall - Democracy and Market Economy 203668, Verein für Socialpolitik / German Economic Association.
    68. Biljana Jovanovic & Marko Josimovski, 2021. "Income-specific inflation rates and the effects of monetary policy: the case of North Macedonia," Working Papers 2021-01, National Bank of the Republic of North Macedonia.
    69. Chua, Chew Lian & Tsiaplias, Sarantis, 2024. "The influence of supermarket prices on consumer inflation expectations," Journal of Economic Behavior & Organization, Elsevier, vol. 219(C), pages 414-433.
    70. Piccolo, Jessica & Gorodnichenko, Yuriy, 2025. "Homeownership and Attention to Inflation: Evidence from Information Treatments," IZA Discussion Papers 17770, Institute of Labor Economics (IZA).
    71. Beck, Günter W. & Lein, Sarah M., 2020. "Price elasticities and demand-side real rigidities in micro data and in macro models," Journal of Monetary Economics, Elsevier, vol. 115(C), pages 200-212.
    72. Armantier, Olivier & Filippin, Antonio & Neubauer, Michael & Nunziata, Luca, 2022. "The expected price of keeping up with the Joneses," Journal of Economic Behavior & Organization, Elsevier, vol. 200(C), pages 1203-1220.
    73. Travis J. Berge, 2017. "Understanding Survey Based Inflation Expectations," Finance and Economics Discussion Series 2017-046, Board of Governors of the Federal Reserve System (U.S.).
    74. Alexander W. Huber, 2023. "Inflation inequality in Austria: A mid-term view on cost-of-living developments," Wirtschaft und Gesellschaft - WuG, Kammer für Arbeiter und Angestellte für Wien, Abteilung Wirtschaftswissenschaft und Statistik, vol. 49(1), pages 91-120.
    75. Patrick Bajari & Zhihao Cen & Victor Chernozhukov & Manoj Manukonda & Jin Wang & Ramon Huerta & Junbo Li & Ling Leng & George Monokroussos & Suhas Vijaykunar & Shan Wan, 2023. "Hedonic prices and quality adjusted price indices powered by AI," CeMMAP working papers 08/23, Institute for Fiscal Studies.
    76. Kiss, Regina & Strasser, Georg, 2024. "Different household – different inflation rate," Research Bulletin, European Central Bank, vol. 121.
    77. Sarantis Tsiaplias, 2024. "Inflation as a 'bad', heuristics and aggregate shocks: New evidence on expectation formation," Melbourne Institute Working Paper Series wp2024n03, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne.
    78. Viral V. Acharya & Matteo Crosignani & Tim Eisert & Christian Eufinger, 2023. "How Do Supply Shocks to Inflation Generalize? Evidence from the Pandemic Era in Europe," NBER Working Papers 31790, National Bureau of Economic Research, Inc.
    79. Olegs Krasnopjorovs, 2022. "Whether Low-Income Households and Retirees Face Higher Inflation? Evidence from Latvia," Post-Print hal-03861129, HAL.
    80. Tao Chen & Peter Levell & Martin O'Connell, 2024. "Cheapflation and the rise of inflation inequality," IFS Working Papers W36, Institute for Fiscal Studies.
    81. Godswill Osuma & Ntokozo Nzimande, 2025. "Examining the Misery Index and Its Effects on Economic Inequality and Social Welfare in Sub-Saharan Africa: The Moderating Role of Corruption," Sustainability, MDPI, vol. 17(6), pages 1-18, March.
    82. Agarwal, Sumit & Chua, Yeow Hwee & Song, Changcheng, 2022. "Inflation expectations of households and the upgrading channel," Journal of Monetary Economics, Elsevier, vol. 128(C), pages 124-138.
    83. Kim, Seongeun, 2019. "Quality, price stickiness, and monetary policy," Journal of Macroeconomics, Elsevier, vol. 61(C), pages 1-1.
    84. Jess Diamond & Kota Watanabe & Tsutomu Watanabe, 2019. "The Formation of Consumer Inflation Expectations: New Evidence From Japan's Deflation Experience," Bank of Japan Working Paper Series 19-E-13, Bank of Japan.
    85. Kikuchi, Junichi & Nagao, Ryoya & Nakazono, Yoshiyuki, 2023. "Expenditure responses to the COVID-19 pandemic," Japan and the World Economy, Elsevier, vol. 65(C).
    86. Molloy, Raven, 2024. "JUE insight: Differences in rent growth by income from 1985 to 2021 and implications for inflation," Journal of Urban Economics, Elsevier, vol. 142(C).
    87. Dustin Chambers & Courtney A. Collins & Alan Krause, 2019. "How do federal regulations affect consumer prices? An analysis of the regressive effects of regulation," Public Choice, Springer, vol. 180(1), pages 57-90, July.
    88. Leonardo Ciambezi & Alessandro Pietropaoli, 2024. "Relative price shocks and inequality: evidence from Italy," Questioni di Economia e Finanza (Occasional Papers) 883, Bank of Italy, Economic Research and International Relations Area.
    89. Loujaina Abdelwahed & Cole Campbell, 2024. "Unequal ground: oil booms and income inequality in the USA," Economica, London School of Economics and Political Science, vol. 91(363), pages 880-910, July.
    90. Karolina Tura-Gawron & Maria Siranova & Karol Fisikowski, 2018. "ARE CONSUMER INFLATION EXPECTATIONS AN INTERNATIONAL PHENOMENON? Results of spatial panel regressions models," GUT FME Working Paper Series A 50, Faculty of Management and Economics, Gdansk University of Technology.
    91. Neyer, Ulrike & Stempel, Daniel, 2022. "How should central banks react to household inflation heterogeneity?," DICE Discussion Papers 378, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
    92. Nasir,Muhammad & Kishwar,Shabana & Moritz Meyer & Oscar Eduardo Barriga Cabanillas, 2024. "Losing to Inflation : Unmasking the Unequal Price Effect of Inflation across Households," Policy Research Working Paper Series 11011, The World Bank.
    93. Shuyun Li & Mingxue Wei & Ehsan Elahi & Zainab Khalid & Shaozhi Chen, 2023. "The Sustainable Impact of Import on Chinese Residents’ Happiness: Evidence from CGSS," Sustainability, MDPI, vol. 15(8), pages 1-18, April.
    94. Dekimpe, Marnik G. & van Heerde, Harald J., 2023. "Retailing in times of soaring inflation: What we know, what we don't know, and a research agenda," Journal of Retailing, Elsevier, vol. 99(3), pages 322-336.
    95. Cherchye, Laurens & De Rock, Bram & Griffith, Rachel & O’Connell, Martin & Smith, Kate & Vermeulen, Frederic, 2020. "A new year, a new you? Within-individual variation in food purchases," European Economic Review, Elsevier, vol. 127(C).
    96. Nikoleta Anesti & Vania Esady & Matthew Naylor, 2024. "Food prices matter most: Sensitive household inflation expectations," Discussion Papers 2434, Centre for Macroeconomics (CFM).
    97. Julia Renee Roseman Norfleet & Ivailo Izvorski & Michael M. Lokshin & Dorothe Singer & Iván Torre, "undated". "Europe and Central Asia Economic Update, Spring 2023," World Bank Publications - Reports 39617, The World Bank Group.
    98. Bettarelli, Luca & Estefania-Flores, Julia & Furceri, Davide & Loungani, Prakash & Pizzuto, Pietro, 2023. "Energy inflation and consumption inequality," Energy Economics, Elsevier, vol. 124(C).
    99. Baez Ramirez,Javier Eduardo & Inan,Osman Kaan & Nebiler,Metin, 2021. "Getting Real ? The Uneven Burden of Inflation across Households in Turkey," Policy Research Working Paper Series 9869, The World Bank.

  16. Greg Kaplan & Sam Schulhofer-Wohl, 2016. "Inflation at the Household Level: Web Appendix," Working Papers 732, Federal Reserve Bank of Minneapolis.

    Cited by:

    1. Sandor Axelrod & David E. Lebow & Ekaterina V. Peneva, 2018. "Perceptions and Expectations of Inflation by U.S. Households," Finance and Economics Discussion Series 2018-073, Board of Governors of the Federal Reserve System (U.S.).
    2. Travis J. Berge, 2017. "Understanding Survey Based Inflation Expectations," Finance and Economics Discussion Series 2017-046, Board of Governors of the Federal Reserve System (U.S.).
    3. Kim, Seongeun, 2019. "Quality, price stickiness, and monetary policy," Journal of Macroeconomics, Elsevier, vol. 61(C), pages 1-1.

  17. Gianni La Cava & Helen Hughson & Greg Kaplan, 2016. "The Household Cash Flow Channel of Monetary Policy," RBA Research Discussion Papers rdp2016-12, Reserve Bank of Australia.

    Cited by:

    1. 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.
    2. Gürkaynak, Refet & Lee, Sang Seok & Karasoy Can, Gokce, 2019. "Stock Market's Assessment of Monetary Policy Transmission: The Cash Flow Effect," CEPR Discussion Papers 14017, C.E.P.R. Discussion Papers.
    3. Jonathan Kearns & Mike Major & David Norman, 2020. "How Risky is Australian Household Debt?," RBA Research Discussion Papers rdp2020-05, Reserve Bank of Australia.
    4. Lowe, Philip, 2017. "Household debt, housing prices and resilience," Economic Analysis and Policy, Elsevier, vol. 55(C), pages 124-131.
    5. Jouchi Nakajima, 2018. "The role of household debt heterogeneity on consumption: Evidence from Japanese household data," BIS Working Papers 736, Bank for International Settlements.
    6. Daniel H. Cooper & Vaishali Garga & María Jose Luengo-Prado, 2021. "The Mortgage Cash Flow Channel of Monetary Policy Transmission: A Tale of Two Countries," Working Papers 21-8, Federal Reserve Bank of Boston.
    7. Katya Kartashova & Xiaoqing Zhou, 2022. "How Do Mortgage Rate Resets Affect Consumer Spending and Debt Repayment? Evidence from Canadian Consumers," Working Papers 2206, Federal Reserve Bank of Dallas.
    8. Carlos Garriga & Finn E. Kydland & Roman Šustek, 2019. "MoNK: Mortgages in a New-Keynesian Model," Working Papers 2019-32, Federal Reserve Bank of St. Louis.
    9. Jeppe Druedahl & Emil Bjerre Jensen & Soeren Leth-Petersen, 2022. "The Intertemporal Marginal Propensity to Consume out of Future Persistent Cash-Flows. Evidence from Transaction Data," CEBI working paper series 22-13, University of Copenhagen. Department of Economics. The Center for Economic Behavior and Inequality (CEBI).
    10. Calvin He & Gianni La Cava, 2020. "The Distributional Effects of Monetary Policy: Evidence from Local Housing Markets," RBA Research Discussion Papers rdp2020-02, Reserve Bank of Australia.
    11. Anthony Brassil & Jon Cheshire & Joseph Muscatello, 2018. "The Transmission of Monetary Policy through Banks' Balance Sheets," RBA Annual Conference Volume (Discontinued), in: John Simon & Maxwell Sutton (ed.),Central Bank Frameworks: Evolution or Revolution?, Reserve Bank of Australia.
    12. Brännlund, Anton, 2021. "Zero per cent accountability? How low interest rates save governments from electoral defeats," European Journal of Political Economy, Elsevier, vol. 68(C).
    13. Martin Flodén & Matilda Kilström & Jósef Sigurdsson & Roine Vestman, 2021. "Household Debt and Monetary Policy: Revealing the Cash-Flow Channel," The Economic Journal, Royal Economic Society, vol. 131(636), pages 1742-1771.
    14. Anthony Brassil, 2022. "The Consequences of Low Interest Rates for the Australian Banking Sector," RBA Research Discussion Papers rdp2022-08, Reserve Bank of Australia.
    15. Fergus Cumming & Lisa J. Dettling, 2020. "Monetary Policy and Birth Rates: The Effect of Mortgage Rate Pass-Through on Fertility," Finance and Economics Discussion Series 2020-002, Board of Governors of the Federal Reserve System (U.S.).
    16. Fiona Price & Benjamin Beckers & Gianni La Cava, 2019. "The Effect of Mortgage Debt on Consumer Spending: Evidence from Household-level Data," RBA Research Discussion Papers rdp2019-06, Reserve Bank of Australia.
    17. Song, Sang-yoon, 2022. "The heterogeneity of interest-induced MPC: Evidence from mortgage borrowers," International Review of Economics & Finance, Elsevier, vol. 80(C), pages 402-417.
    18. Slacalek, Jiri & Tristani, Oreste & Violante, Giovanni L., 2020. "Household balance sheet channels of monetary policy: A back of the envelope calculation for the euro area," Journal of Economic Dynamics and Control, Elsevier, vol. 115(C).
    19. Fergus Cumming, 2019. "Mortgage Cash-flows and Employment," Discussion Papers 1922, Centre for Macroeconomics (CFM).
    20. Tim Atkin & Gianni La Cava, 2017. "The Transmission of Monetary Policy: How Does It Work?," RBA Bulletin (Print copy discontinued), Reserve Bank of Australia, pages 01-08, September.
    21. Cumming, Fergus, 2018. "Mortgages, cash-flow shocks and local employment," Bank of England working papers 773, Bank of England.
    22. Sang-yoon Song, 2019. "The Cash-Flow Channel of Monetary Policy: Evidence from Mortgage Borrowers," Working Papers 2019-20, Economic Research Institute, Bank of Korea.
    23. James Cloyne & Clodomiro Ferreira & Paolo Surico, 2020. "Monetary Policy when Households have Debt: New Evidence on the Transmission Mechanism," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 87(1), pages 102-129.
    24. Jin Cao & Chao Cui & Valeriya Dinger & Martin B. Holm & Shulong Kang, 2025. "Identifying the Depreciation Rate of Durables from Marginal Spending Responses," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 57(1), pages 223-241, February.
    25. 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.
    26. Tomasz Chmielewski & Andrzej Kocięcki & Tomasz Łyziak & Jan Przystupa & Ewa Stanisławska & Małgorzata Walerych & Ewa Wróbel, 2020. "Monetary policy transmission mechanism in Poland What do we know in 2019?," NBP Working Papers 329, Narodowy Bank Polski.
    27. Claudio Borio & Boris Hofmann, 2017. "Is monetary policy less effective when interest rates are persistently low?," BIS Working Papers 628, Bank for International Settlements.
    28. Claudio Borio & Piti Disyatat & Phurichai Rungcharoenkitkul, 2019. "What anchors for the natural rate of interest?," BIS Working Papers 777, Bank for International Settlements.
    29. Khuderchuluun Batsukh & Nicolas Groshenny & Naveed Javed, 2025. "Monetary Policy Transmission and Household Indebtedness in Australia," CAMA Working Papers 2025-13, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    30. Boris Hofmann & Gert Peersman, 2017. "Is there a debt service channel of monetary transmission?," BIS Quarterly Review, Bank for International Settlements, December.
    31. Renzhi, Nuobu, 2023. "Household net saving positions and unconventional monetary policy transmission: Evidence from Japan," Pacific-Basin Finance Journal, Elsevier, vol. 79(C).
    32. Karam Shaar & Fang Yao, 2018. "Housing Leverage and Consumption Expenditure - Evidence from New Zealand Microdata," Reserve Bank of New Zealand Discussion Paper Series DP2018/06, Reserve Bank of New Zealand.
    33. Valérie Chauvin & John Muellbauer, 2018. "Consumption, household portfolios and the housing market in France," Economie et Statistique / Economics and Statistics, Institut National de la Statistique et des Etudes Economiques (INSEE), issue 500-501-5, pages 157-178.
    34. Svensson, Lars E.O., 2020. "Macroprudential Policy and Household Debt: What is Wrong with Swedish Macroprudential Policy?," CEPR Discussion Papers 14585, C.E.P.R. Discussion Papers.

  18. Thomas Winberry & Greg Kaplan & Benjamin Moll & SeHyoun Ahn, 2016. "No More Excuses! A Toolbox for Solving Heterogeneous Agent Models with Aggregate Shocks," 2016 Meeting Papers 1335, Society for Economic Dynamics.

    Cited by:

    1. Namkhaijantsan, Ninjin, 2018. "Consumption and Savings Behaviour under Household Heterogeneity and Mortgage Debt," MPRA Paper 107033, University Library of Munich, Germany.
    2. Meier, Matthias, 2017. "Time to Build and the Business Cycle," VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking 168059, Verein für Socialpolitik / German Economic Association.

  19. Mitman, Kurt & Kaplan, Greg & Violante, Giovanni, 2016. "Non-durable Consumption and Housing Net Worth in the Great Recession: Evidence from Easily Accessible Data," CEPR Discussion Papers 11255, C.E.P.R. Discussion Papers.

    Cited by:

    1. Mairead de Roiste & Apostolos Fasianos & Robert Kirkby & Fang Yao, 2019. "Household Leverage and Asymmetric Housing Wealth Effects- Evidence from New Zealand," Reserve Bank of New Zealand Discussion Paper Series DP2019/01, Reserve Bank of New Zealand.
    2. Qian, Wei, 2023. "House price expectations and household consumption," Journal of Economic Dynamics and Control, Elsevier, vol. 151(C).
    3. Greg Buchak & Gregor Matvos & Tomasz Piskorski & Amit Seru, 2024. "Beyond the Balance Sheet Model of Banking: Implications for Bank Regulation and Monetary Policy," Journal of Political Economy, University of Chicago Press, vol. 132(2), pages 616-693.
    4. Felix Chopra & Christopher Roth & Johannes Wohlfart, 2023. "Home Price Expectations and Spending: Evidence from a Field Experiment," CEBI working paper series 23-03, University of Copenhagen. Department of Economics. The Center for Economic Behavior and Inequality (CEBI).
    5. Jong Chil Son & Hail Park, 2020. "The Effects of Regional House Prices on Consumption in Korea: Heterogeneous Behaviors According to Homeownership Status and Lifecycle Stage," Sustainability, MDPI, vol. 12(9), pages 1-15, April.
    6. Schneider, Martin & Piazzesi, Monika, 2016. "Housing and macroeconomics," CEPR Discussion Papers 11519, C.E.P.R. Discussion Papers.
    7. Charles Ka Yui Leung & Joe Cho Yiu Ng, 2018. "Macro Aspects of Housing," Globalization Institute Working Papers 340, Federal Reserve Bank of Dallas.
    8. Thomas Hintermaier & Winfried Koeniger, 2018. "Differences in Euro-Area Household Finances and their Relevance for Monetary-Policy Transmission," CESifo Working Paper Series 7088, CESifo.
    9. Filip Rozsypal & Kathrin Schlafmann, 2023. "Overpersistence Bias in Individual Income Expectations and Its Aggregate Implications," American Economic Journal: Macroeconomics, American Economic Association, vol. 15(4), pages 331-371, October.
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    13. Egle Jakucionyte & Swapnil Singh, 2020. "Bowling Alone, Buying Alone: The Decline of Co-Borrowers in the US Mortgage Market," Bank of Lithuania Working Paper Series 78, Bank of Lithuania.
    14. 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.
    15. Vestman, Roine & Bojeryd, Jesper & Tyrefors, Björn & Kessel, Dany, 2023. "The Housing Wealth Effect: Quasi-Experimental Evidence," CEPR Discussion Papers 18034, C.E.P.R. Discussion Papers.
    16. Bo Li, 2024. "Household Leverage Cycle Around the Great Recession," Papers 2407.01539, arXiv.org.
    17. Katheryn N. Russ & Jay C. Shambaugh & Sanjay R. Singh, 2024. "Currency Areas, Labor Markets, and Regional Cyclical Sensitivity," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 72(1), pages 152-195, March.
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    20. Sapci, Ayse & Vu, Nam T., 2022. "Housing Wealth Reallocation Between Subprime And Prime Borrowers During Recessions," Macroeconomic Dynamics, Cambridge University Press, vol. 26(7), pages 1775-1805, October.
    21. Albanesi, Stefania & De Giorgi, Giacomo & Nosal, Jaromir, 2017. "Credit Growth and the Financial Crisis: A New Narrative," CEPR Discussion Papers 12230, C.E.P.R. Discussion Papers.
    22. Ambrogio Cesa-Bianchi & Andrea Ferrero & Alessandro Rebucci, 2017. "International Credit Supply Shocks," NBER Working Papers 23841, National Bureau of Economic Research, Inc.
    23. Brian Greaney & Conor Walsh, 2023. "Online Appendix to "Demand, Growth, and Deleveraging"," Online Appendices 21-132, Review of Economic Dynamics.
    24. Thomas Crossley & Peter Levell & Stavros Poupakis, 2020. "Regression with an imputed dependent variable," IFS Working Papers W20/25, Institute for Fiscal Studies.
    25. Huazhu Zheng & Jiao Qian & Guihuan Liu & Yongjiao Wu & Claudio O. Delang & Hongming He, 2023. "Housing prices and household consumption: a threshold effect model analysis in central and western China," Palgrave Communications, Palgrave Macmillan, vol. 10(1), pages 1-16, December.
    26. Cronin, David & McQuinn, Kieran, 2021. "Labour market fluctuations and the housing net worth channel in the EU," Papers WP709, Economic and Social Research Institute (ESRI).
    27. Sujata Saha, 2023. "Impact of House Price Changes on Durable and Non-Durable Consumption in the United States," International Real Estate Review, Global Social Science Institute, vol. 26(1), pages 73-93.
    28. Berrak Bahadir & Inci Gumus, 2021. "House Prices, Collateral Effects and Sectoral Output Dynamics in Emerging Market Economies," Working Papers 2105, Florida International University, Department of Economics.
    29. 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.
    30. Liepmann, Hannah. & Pignatti, Clemente., 2021. "Welfare effects of unemployment benefits when informality is high," ILO Working Papers 995141693302676, International Labour Organization.
    31. Hanming Fang & Long Wang & Yang Yang, 2022. "Housing Wealth and Online Consumer Behavior:Evidence from Xiong'an New Area in China," PIER Working Paper Archive 22-021, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    32. Cho, Yunho & Morley, James & Singh, Aarti, 2019. "Marginal propensities to consume before and after the Great Recession," Working Papers 2019-11, University of Sydney, School of Economics, revised Sep 2021.
    33. Mueller, Holger & Giroud, Xavier, 2016. "Redistribution of Local Demand Shocks through Firms' Internal Networks," CEPR Discussion Papers 11384, C.E.P.R. Discussion Papers.
    34. Christina Patterson, 2019. "The Matching Multiplier and the Amplification of Recessions," 2019 Meeting Papers 95, Society for Economic Dynamics.
    35. Bill Dupor & M. Saif Mehkari & Rong Li & Yi-Chan Tsai, 2019. "The 2008 US Auto Market Collapse," 2019 Meeting Papers 66, Society for Economic Dynamics.
    36. Eva De Francisco, 2019. "Housing Choices and Their Implications for Consumption Heterogeneity," International Finance Discussion Papers 1249, Board of Governors of the Federal Reserve System (U.S.).
    37. Lingxiao Li & Bing Zhu, 2020. "Housing Wealth, Consumption Channels and Mortgage Liberalization," International Real Estate Review, Global Social Science Institute, vol. 23(4), pages 433-465.
    38. David Cronin & Kieran McQuinn, 2023. "Household Consumption and the Housing Net Worth Channel in Ireland," The Economic and Social Review, Economic and Social Studies, vol. 54(2), pages 125-147.
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    40. Gregory Howard, 2017. "The Migration Accelerator: Labor Mobility, Housing, and Aggregate Demand," 2017 Meeting Papers 563, Society for Economic Dynamics.
    41. Robert J. Waldmann, 2019. "The Relative Price of Housing and Subsequent GDP Growth in the USA," CEIS Research Paper 475, Tor Vergata University, CEIS, revised 29 Nov 2019.
    42. Carlos Garriga & Aaron Hedlund, 2020. "Mortgage Debt, Consumption, and Illiquid Housing Markets in the Great Recession," American Economic Review, American Economic Association, vol. 110(6), pages 1603-1634, June.
    43. Jose Carreno, 2020. "Housing Booms and the U.S. Productivity Puzzle," Working Papers 20-04, Center for Economic Studies, U.S. Census Bureau.
    44. Dong Cheng, 2021. "Housing boom and non-housing consumption: evidence from urban households in China," Empirical Economics, Springer, vol. 61(6), pages 3271-3313, December.
    45. Xavier Giroud & Holger M. Mueller, 2017. "Redistribution of Local Labor Market Shocks through Firms’ Internal Networks," Working Papers 17-03, Center for Economic Studies, U.S. Census Bureau.
    46. Jagjit S. Chadha & Germana Corrado & Luisa Corrado, 2018. "Consumption Dynamics, Housing Collateral and Stabilisation Policies: A Way Forward for Policy Co-Ordination?," CEIS Research Paper 433, Tor Vergata University, CEIS, revised 03 May 2018.
    47. Matos, Paulo & Costa, Antonio & da Silva, Cristiano, 2021. "COVID-19, stock market and sectoral contagion in US: a time-frequency analysis," Research in International Business and Finance, Elsevier, vol. 57(C).
    48. Nuno Paixao, 2019. "Propagation of House Price Shocks through the Banking System," 2019 Meeting Papers 1237, Society for Economic Dynamics.
    49. Jin, Jangik & Rafferty, Peter, 2018. "Externalities of auto traffic congestion growth: Evidence from the residential property values in the US Great Lakes megaregion," Journal of Transport Geography, Elsevier, vol. 70(C), pages 131-140.
    50. Stefani, Alessia De, 2020. "Debt, inequality and house prices: Explaining the dynamics of household borrowing prior to the great recession," Journal of Housing Economics, Elsevier, vol. 47(C).
    51. Bo Li, 2024. "Testing Business Cycle Theories: Evidence from the Great Recession," Papers 2403.04104, arXiv.org.
    52. Yunho Cho & Aarti Singh & James Morley, 2019. "Household Balance Sheets and Consumption Responses to Income Shocks," 2019 Meeting Papers 788, Society for Economic Dynamics.
    53. Holger M. Mueller & Constantine Yannelis, 2017. "Students in Distress: Labor Market Shocks, Student Loan Default, and Federal Insurance Programs," NBER Working Papers 23284, National Bureau of Economic Research, Inc.
    54. Karolis Bielskis & Andrius Ciginas, 2020. "Household Wealth and Finances. Results for Households in Lithuania for 2017," Bank of Lithuania Discussion Paper Series 19, Bank of Lithuania.
    55. Xiaokuai Shao & Yujin Cao & Yangchuan Teng & Jidong Chen & Liutang Gong, 2022. "The Consumption‐Stimulating Effect of Public Rental Housing in China," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 30(1), pages 106-135, January.
    56. van Veldhuizen, Sander & Vogt, Benedikt & Voogt, Bart, 2020. "Negative home equity reduces household mobility: Evidence from administrative data," Journal of Housing Economics, Elsevier, vol. 47(C).
    57. Christina Patterson, 2022. "The Matching Multiplier and the Amplification of Recessions," Working Papers 22-20, Center for Economic Studies, U.S. Census Bureau.
    58. Karam Shaar & Fang Yao, 2018. "Housing Leverage and Consumption Expenditure - Evidence from New Zealand Microdata," Reserve Bank of New Zealand Discussion Paper Series DP2018/06, Reserve Bank of New Zealand.
    59. Peter Ganong & Pascal Noel, 2020. "Liquidity versus Wealth in Household Debt Obligations: Evidence from Housing Policy in the Great Recession," American Economic Review, American Economic Association, vol. 110(10), pages 3100-3138, October.
    60. Tracey, Belinda & Van Horen, Neeltje, 2021. "The consumption response to borrowing constraints in the mortgage market," Bank of England working papers 919, Bank of England.

  20. Greg Kaplan & Guido Menzio & Leena Rudanko & Nicholas Trachter, 2016. "Relative price dispersion: evidence and theory," Working Papers 16-6, Federal Reserve Bank of Philadelphia.

    Cited by:

    1. Böheim, René & Hackl, Franz & Hölzl-Leitner, Michael, 2021. "The impact of price adjustment costs on price dispersion in e-commerce," International Journal of Industrial Organization, Elsevier, vol. 77(C).
    2. Renato Gomes & Jean-Marie Lozachmeur & Lucas Maestri, 2022. "Nonlinear Pricing in Oligopoly: How Brand Preferences Shape Market Outcomes," Working Papers hal-03629496, HAL.
    3. Myongjin Kim & Leilei Shen & Qi Ge, 2023. "Does Competition Increase or Decrease Price Dispersion? Insights from One‐Way vs. Round‐Trip Airfares," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 85(2), pages 435-455, April.
    4. Andrew Rhodes & Makoto Watanabe & Jidong Zhou, 2021. "Multiproduct Intermediaries," Post-Print hal-03160803, HAL.
    5. Lucas Herrenbrueck, 2018. "Instability of endogenous price dispersion equilibria: A simulation," Canadian Journal of Economics, Canadian Economics Association, vol. 51(4), pages 1363-1385, November.
    6. Günter J. Hitsch & Ali Hortaçsu & Xiliang Lin, 2021. "Prices and promotions in U.S. retail markets," Quantitative Marketing and Economics (QME), Springer, vol. 19(3), pages 289-368, December.
    7. Dubois, Pierre & Griffith, Rachel & O'Connell, Martin, 2022. "The Use of Scanner Data for Economics Research," CEPR Discussion Papers 16954, C.E.P.R. Discussion Papers.
    8. Sofronis Clerides & Pascal Courty & Yupei Ma, 2020. "Store expensiveness and consumer saving: Insights from a new decomposition of price dispersion," University of Cyprus Working Papers in Economics 02-2020, University of Cyprus Department of Economics.
    9. Nicholas Trachter, 2016. "Price Dispersion When Stores Sell Multiple Goods," Economic Quarterly, Federal Reserve Bank of Richmond, issue 2Q, pages 127-146.
    10. Gorodnichenko, Yuriy & Talavera, Oleksandr & Vu, Nam, 2021. "Quality and price setting of high-tech goods," Economic Modelling, Elsevier, vol. 98(C), pages 69-85.
    11. Hämäläinen, Saara, 2022. "Multiproduct search obfuscation," International Journal of Industrial Organization, Elsevier, vol. 85(C).
    12. Guido Menzio & Nicholas Trachter, 2015. "Equilibrium Price Dispersion Across and Within Stores," PIER Working Paper Archive 15-003, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    13. Chloe Lee & Wen Long & María J. Luengo‐Prado & Bent E. Sørensen, 2021. "Selective bargain hunting: A concise test of rational consumer search," Economic Inquiry, Western Economic Association International, vol. 59(3), pages 1089-1105, July.
    14. Menzio, Guido, 2024. "Search theory of imperfect competition with decreasing returns to scale," Journal of Economic Theory, Elsevier, vol. 218(C).
    15. Diego Daruich & Julian Kozlowski, 2018. "Uniform Pricing Within and Across Regions: New Evidence from Argentina," Working Papers 2018-10, Federal Reserve Bank of St. Louis.
    16. Gomes, Renato & Lozachmeur, Jean-Marie & Maestri, Lucas, 2022. "Nonlinear Pricing in Oligopoly: How Brand Preferences Shape Market Outcomes," TSE Working Papers 22-1326, Toulouse School of Economics (TSE).
    17. Burdett, Kenneth & Menzio, Guido, 2017. "The (Q,S,s) pricing rule: a quantitative analysis," Research in Economics, Elsevier, vol. 71(4), pages 784-797.
    18. David P. Myatt, 2019. "A Theory of Stable Price Dispersion," Economics Series Working Papers 873, University of Oxford, Department of Economics.
    19. Fabra, Natalia & Montero, Juan Pablo, 2020. "Product Lines and Price Discrimination in Markets with Information Frictions," CEPR Discussion Papers 12046, C.E.P.R. Discussion Papers.
    20. Roldan-Blanco, Pau & Gilbukh, Sonia, 2021. "Firm dynamics and pricing under customer capital accumulation," Journal of Monetary Economics, Elsevier, vol. 118(C), pages 99-119.
    21. Yijuan Chen & Xiangting Hu & Sanxi Li, 2024. "Postsearch uncertainty, product heterogeneity, and price divergence," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 33(1), pages 175-202, January.
    22. Andrew Rhodes & Jidong Zhou, 2019. "Consumer Search and Retail Market Structure," Management Science, INFORMS, vol. 67(6), pages 2607-2623, June.
    23. David P. Myatt & David Ronayne, 2023. "Asymmetric Models of Sales," Rationality and Competition Discussion Paper Series 450, CRC TRR 190 Rationality and Competition.
    24. Baughman, Garth & Rabinovich, Stanislav, 2019. "Self-confirming price dispersion in monetary economies," Journal of Economic Theory, Elsevier, vol. 183(C), pages 284-311.
    25. Espen R. Moen & Fredrik Wulfsberg & Øyvind Aas, 2020. "Price Dispersion and the Role of Stores," Scandinavian Journal of Economics, Wiley Blackwell, vol. 122(3), pages 1181-1206, July.
    26. Sheremirov, Viacheslav, 2020. "Price dispersion and inflation: New facts and theoretical implications," Journal of Monetary Economics, Elsevier, vol. 114(C), pages 59-70.
    27. Burdett, Kenneth & Trejos, Alberto & Wright, Randall, 2017. "A new suggestion for simplifying the theory of money," Journal of Economic Theory, Elsevier, vol. 172(C), pages 423-450.
    28. Samir Mamadehussene, 2021. "Measuring the competition effects of price-matching guarantees," Quantitative Marketing and Economics (QME), Springer, vol. 19(3), pages 261-287, December.
    29. Stefan Seifert & Christoph Kahle & Silke Hüttel, 2021. "Price Dispersion in Farmland Markets: What Is the Role of Asymmetric Information?," American Journal of Agricultural Economics, John Wiley & Sons, vol. 103(4), pages 1545-1568, August.
    30. Diego Daruich & Julian Kozlowski, 2023. "Macroeconomic Implications of Uniform Pricing," American Economic Journal: Macroeconomics, American Economic Association, vol. 15(3), pages 64-108, July.
    31. Rhodes, Andrew & Watanabe, Makoto & Zhou, Jidong, 2017. "Multiproduct Intermediaries and Optimal Product Range," MPRA Paper 82136, University Library of Munich, Germany.
    32. David Fielding & Christopher Hajzler & James (Jim) C. MacGee, 2017. "Price-Level Dispersion versus Inflation-Rate Dispersion: Evidence from Three Countries," Staff Working Papers 17-3, Bank of Canada.
    33. Kazakova, E. & Sandomirskaia, M. & Suvorov, A. & Khazhgerieva, A. & Shavshin, R., 2023. "Platforms, online labor markets, and crowdsourcing. Part 1. Traditional online labor market," Journal of the New Economic Association, New Economic Association, vol. 60(3), pages 120-148.
    34. Garcia, Daniel & Janssen, Maarten, 2018. "Retail channel management in consumer search markets," International Journal of Industrial Organization, Elsevier, vol. 58(C), pages 162-182.
    35. Howell, Charles & Grifell-Tatjé, Emili, 2022. "Market heterogeneity and the relationship between competition and price dispersion: Evidence from the U.S. airline market," Transport Policy, Elsevier, vol. 125(C), pages 218-230.
    36. Yuriy Gorodnichenko & Oleksandr Talavera & Nam Vu, 2020. "Quality of Goods and Price Setting for CPUs," Discussion Papers 20-23, Department of Economics, University of Birmingham.
    37. Klaczko Iael, 2023. "Price dispersion in Uruguay," Asociación Argentina de Economía Política: Working Papers 4662, Asociación Argentina de Economía Política.
    38. Fitzpatrick, Anne, 2023. "Which price is right? A comparison of three standard approaches to measuring prices," Journal of Development Economics, Elsevier, vol. 163(C).
    39. Low, Hamish & Sánchez-Marcos, Virginia, 2024. "Labour supply and the cost of house price booms and busts," Labour Economics, Elsevier, vol. 90(C).
    40. Hämäläinen, Saara, 2018. "Competitive search obfuscation," Journal of Economic Dynamics and Control, Elsevier, vol. 97(C), pages 38-63.
    41. Andres Drenik, 2017. "Pricing in Multiple Currencies in Domestic Markets," 2017 Meeting Papers 1418, Society for Economic Dynamics.
    42. Pau Roldan & Sophia Gilbukh, 2017. "Firm Dynamics and Pricing under Customer Capital Accumulation," 2017 Meeting Papers 1235, Society for Economic Dynamics.
    43. Evangelos Rouskas, 2022. "The effects of entry in a model of sales," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 43(6), pages 2529-2544, September.
    44. Diego Aparicio & Zachary Metzman & Roberto Rigobon, 2024. "The pricing strategies of online grocery retailers," Quantitative Marketing and Economics (QME), Springer, vol. 22(1), pages 1-21, March.
    45. Cherchye, Laurens & De Rock, Bram & Griffith, Rachel & O’Connell, Martin & Smith, Kate & Vermeulen, Frederic, 2020. "A new year, a new you? Within-individual variation in food purchases," European Economic Review, Elsevier, vol. 127(C).
    46. Luttmann, Alexander & Gaggero, Alberto A, 2022. "How does COVID-19 affect intertemporal price dispersion? Evidence from the airline industry," MPRA Paper 111797, University Library of Munich, Germany.

  21. Greg Kaplan & Benjamin Moll & Giovanni L. Violante, 2016. "Monetary Policy According to HANK," Working Papers 1602, Council on Economic Policies.

    Cited by:

    1. Corsetti, G. & Duarte, J. B. & Mann, S., 2018. "One Money, Many Markets - A Factor Model Approach to Monetary Policy in the Euro Area with High-Frequency Identification," Cambridge Working Papers in Economics 1816, Faculty of Economics, University of Cambridge.
    2. Acharya, Sushant & CHALLE, Edouard & Dogra, Keshav, 2020. "Optimal Monetary Policy According to HANK," CEPR Discussion Papers 14429, C.E.P.R. Discussion Papers.
    3. Aliocha Accardo & Sylvérie Herbert & Cristina Jude & Adrian Penalver, 2023. "Measuring and Comparing Consumption Inequality between France and the United States," Working papers 904, Banque de France.
    4. Marcus Hagedorn, 2016. "A Demand Theory of the Price Level," 2016 Meeting Papers 941, Society for Economic Dynamics.
    5. F Boissay & F Collard & J Galí & C Manea, 2022. "Monetary Policy and Endogenous Financial Crises," Working Papers hal-03763108, HAL.
    6. Britz, Wolfgang & Jafari, Yaghoob & Nekhay, Olexandr & Roson, Roberto, 2022. "Assessing inequality and poverty in long-term growth projections: A general equilibrium analysis for six developing countries," Economic Modelling, Elsevier, vol. 117(C).
    7. Mukoyama, Toshihiko, 2021. "MIT shocks imply market incompleteness," Economics Letters, Elsevier, vol. 198(C).
    8. Mariacristina De Nardi & Giulio Fella, 2017. "Saving and Wealth Inequality," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 26, pages 280-300, October.
    9. Lee, Seungcheol & Luetticke, Ralph & Ravn, Morten O., 2021. "Financial frictions: micro vs macro volatility," Working Paper Series 2622, European Central Bank.
    10. Eskelinen, Maria, 2021. "Monetary policy, agent heterogeneity and inequality: insights from a three-agent New Keynesian model," Working Paper Series 2590, European Central Bank.
    11. , 2020. "Partisanship and Fiscal Policy in Economic Unions: Evidence from U.S. States," Working Papers 20-20, Federal Reserve Bank of Philadelphia.
    12. Jarrow, Robert & Lamichhane, Sujan, 2022. "Risk premia, asset price bubbles, and monetary policy," Journal of Financial Stability, Elsevier, vol. 60(C).
    13. R. Anton Braun & Daisuke Ikeda, 2025. "Online Appendix to "Monetary Policy Over the Lifecycle"," Online Appendices 23-172, Review of Economic Dynamics.
    14. Poledna, Sebastian & Miess, Michael Gregor & Hommes, Cars & Rabitsch, Katrin, 2023. "Economic forecasting with an agent-based model," European Economic Review, Elsevier, vol. 151(C).
    15. Christian Moser & Farzad Saidi & Benjamin Wirth & Stefanie Wolter, 2024. "Credit Supply, Firms, and Earnings Inequality," CRC TR 224 Discussion Paper Series crctr224_2024_558, University of Bonn and University of Mannheim, Germany.
    16. Ko Nakayama & Shigenori Shiratsuka, 2017. "Monetary Policy: Lessons Learned and Challenges Ahead. Summary of the 2017 BOJ-IMES Conference Organized by the Institute for Monetary and Economic Studies of the Bank of Japan," IMES Discussion Paper Series 17-E-09, Institute for Monetary and Economic Studies, Bank of Japan.
    17. Kyuyeon Hwang & Junhee Han, 2024. "Employment Shift in Response to a Technology Shock: An Analysis of Two Rigidities and Two Agents," Economies, MDPI, vol. 12(11), pages 1-18, November.
    18. Pierre Emmanuel Weil, 2018. "Redistribution from the Cradle to the Grave: A Unified Approach to Heterogeneity in Age, Income and Wealth," 2018 Papers pwe433, Job Market Papers.
    19. Fergus Cumming & Paul Hubert, 2019. "The role of households' borrowing constraints in the transmission of monetary policy," SciencePo Working papers Main hal-03403257, HAL.
    20. Debortoli, Davide & Galí, Jordi, 2024. "Heterogeneity and Aggregate Fluctuations: Insights from TANK models," CEPR Discussion Papers 19134, C.E.P.R. Discussion Papers.
    21. Frédéric Dufourt & Lisa Kerdelhué & Océane Piétri, 2021. "Budget-neutral capital tax cuts," Working Papers halshs-03424147, HAL.
    22. Rodolfo G. Campos & Jesus Fernandez-Villaverde & Galo Nuno & Peter Paz, 2024. "Navigating by Falling Stars:Monetary Policy with Fiscally Driven Natural Rates," PIER Working Paper Archive 24-007, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    23. Iskander Karibzhanov, 2020. "Towards a HANK Model for Canada: Estimating a Canadian Income Process," Discussion Papers 2020-13, Bank of Canada.
    24. Yves Achdou & Jiequn Han & Jean-Michel Lasry & Pierre-Louis Lions & Benjamin Moll, 2017. "Income and Wealth Distribution in Macroeconomics: A Continuous-Time Approach," NBER Working Papers 23732, National Bureau of Economic Research, Inc.
    25. Pietrunti, Mario & Signoretti, Federico M., 2020. "Unconventional monetary policy and household debt: The role of cash-flow effects," Journal of Macroeconomics, Elsevier, vol. 64(C).
    26. Eugenio Caverzasi & Alberto Russo, 2018. "Toward a new microfounded macroeconomics in the wake of the crisis," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 27(6), pages 999-1014.
    27. Juan M. Morelli & Pablo Ottonello & Diego J. Perez, 2021. "Global Banks and Systemic Debt Crises," NBER Working Papers 28892, National Bureau of Economic Research, Inc.
    28. de Groot, Oliver & Hauptmeier, Sebastian & Holm-Hadulla, Fédéric & Nikalexi, Katerina, 2020. "Monetary policy and regional inequality," Working Paper Series 2385, European Central Bank.
    29. Jordi Galí & Davide Debortoli, 2025. "Heterogeneity and Aggregate Consumption: An Empirical Assessment," Working Papers 1484, Barcelona School of Economics.
    30. Chan, Ying Tung & Yang, Yibai & Zheng, Zhijie, 2022. "Effects of R&D policy on income inequality in a growth model with heterogeneous assets and skills," Economics Letters, Elsevier, vol. 213(C).
    31. Per Krusell & Anthony Smith & Joachim Hubmer, 2015. "The historical evolution of the wealth distribution: A quantitative-theoretic investigation," 2015 Meeting Papers 1406, Society for Economic Dynamics.
    32. Martin Holm & Gisle Natvik & Andreas Fagereng, 2017. "MPC Heterogeneity and Household Balance Sheets," 2017 Meeting Papers 65, Society for Economic Dynamics.
    33. Caterina Mendicino & Ettore Panetti & Dominik Supera & Martina Jašová & José-Luis Peydró, 2022. "Monetary Policy, Labor Income Redistribution and the Credit Channel: Evidence from Matched Employer-Employee and Credit Registers," Working Papers 1338, Barcelona School of Economics.
    34. Isaac Baley & Andrés Blanco, 2019. "Aggregate dynamics in lumpy economies," Economics Working Papers 1670, Department of Economics and Business, Universitat Pompeu Fabra.
    35. D'Acunto, Francesco & Hoang, Daniel & Weber, Michael, 2021. "Managing households' expectations with unconventional policies," Working Paper Series in Economics 148, Karlsruhe Institute of Technology (KIT), Department of Economics and Management.
    36. Matthew O. Jackson & Leeat Yariv, 2020. "The Non-Existence of Representative Agents," Working Papers 2020-74, Princeton University. Economics Department..
    37. Anmol Bhandari & David Evans & Mikhail Golosov & Thomas J. Sargent, 2018. "Inequality, Business Cycles, and Monetary-Fiscal Policy," Working Papers 18-26, New York University, Leonard N. Stern School of Business, Department of Economics.
    38. Bilbiie, F. O. & Monacelli, T. & Perotti, R., 2024. "Stabilization vs. Redistribution: The Optimal Monetary-Fiscal Mix," Cambridge Working Papers in Economics 2436, Faculty of Economics, University of Cambridge.
    39. Ernesto Pastén & Raphael Schoenle & Michael Weber, 2018. "The Propagation of Monetary Policy Shocks in a Heterogeneous Production Economy," NBER Working Papers 25303, National Bureau of Economic Research, Inc.
    40. Drehmann, Mathias & Juselius, Mikael & Korinek, Anton, 2023. "Long-term debt propagation and real reversals," CEPR Discussion Papers 18075, C.E.P.R. Discussion Papers.
    41. Aggarwal, Rishabh & Auclert, Adrien & Rognlie, Matthew & Straub, Ludwig, 2022. "Excess Savings and Twin Deficits: The Transmission of Fiscal Stimulus in Open Economies," CEPR Discussion Papers 17397, C.E.P.R. Discussion Papers.
    42. Keisuke Kizaki & Taiga Saito & Akihiko Takahashi, 2023. "A multi-agent incomplete equilibrium model and its applications to reinsurance pricing and life-cycle investment (Forthcoming in "Insurance: Mathematics and Economics")," CARF F-Series CARF-F-576, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
    43. de Haan Jakob, 2019. "Some Reflections on the Political Economy of Monetary Policy," Review of Economics, De Gruyter, vol. 70(3), pages 213-228, December.
    44. Michael Funke & Rongrong Sun & Linxu Zhu, 2018. "The Credit Risk of Chinese Households – A Micro-Level Assessment," CFDS Discussion Paper Series 2018/3, Center for Financial Development and Stability at Henan University, Kaifeng, Henan, China.
    45. Grimaud, Alex, 2021. "Precautionary saving and un-anchored expectations," ECON WPS - Working Papers in Economic Theory and Policy 08/2021, TU Wien, Institute of Statistics and Mathematical Methods in Economics, Economics Research Unit.
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    614. D'Acunto, Francesco & Hoang, Daniel & Paloviita, Maritta & Weber, Michael, 2023. "Cognitive constraints and economic incentives," Bank of Finland Research Discussion Papers 9/2023, Bank of Finland.
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    621. Ciccarelli, Matteo & Darracq Pariès, Matthieu & Priftis, Romanos & Angelini, Elena & Bańbura, Marta & Bokan, Nikola & Fagan, Gabriel & Gumiel, José Emilio & Kornprobst, Antoine & Lalik, Magdalena & Mo, 2024. "ECB macroeconometric models for forecasting and policy analysis," Occasional Paper Series 344, European Central Bank.
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    642. Adam Pigoń, 2022. "A Simple Model of Educated Hand-to-Mouth Consumers," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 2, pages 20-43.
    643. Chen, Sihao & Devereux, Michael B. & Shi, Kang & Xu, Juanyi, 2023. "Consumption heterogeneity and monetary policy in an open economy," Journal of Monetary Economics, Elsevier, vol. 140(C), pages 1-15.
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    645. Bilbiie, Florin O., 2020. "The New Keynesian cross," Journal of Monetary Economics, Elsevier, vol. 114(C), pages 90-108.
    646. Moira Daly & Dmytro Hryshko & Iourii Manovskii, 2022. "Improving The Measurement Of Earnings Dynamics," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 63(1), pages 95-124, February.
    647. Peter Paz, 2022. "Bank capitalization heterogeneity and monetary policy," Working Papers 2234, Banco de España.
    648. Loria, Francesca & Matthes, Christian & Wang, Mu-Chun, 2022. "Economic theories and macroeconomic reality," Journal of Monetary Economics, Elsevier, vol. 126(C), pages 105-117.
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    651. Kasper Kragh Balke & Markus Karlman & Karin Kinnerud, 2024. "Down-payment requirements: Implications for portfolio choice and consumption," Working Papers 03/2024, Centre for Household Finance and Macroeconomic Research (HOFIMAR), BI Norwegian Business School.
    652. Christina Patterson, 2022. "The Matching Multiplier and the Amplification of Recessions," Working Papers 22-20, Center for Economic Studies, U.S. Census Bureau.
    653. Renzhi, Nuobu, 2023. "Household net saving positions and unconventional monetary policy transmission: Evidence from Japan," Pacific-Basin Finance Journal, Elsevier, vol. 79(C).
    654. Valérie Chauvin & John Muellbauer, 2018. "Consumption, household portfolios and the housing market in France," Economie et Statistique / Economics and Statistics, Institut National de la Statistique et des Etudes Economiques (INSEE), issue 500-501-5, pages 157-178.
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    656. Aryan Eftekhari & Simon Scheidegger, 2022. "High-Dimensional Dynamic Stochastic Model Representation," Papers 2202.06555, arXiv.org.
    657. Bobasu, Alina & Dobrew, Michael & Repele, Amalia, 2024. "Heterogeneous effects of monetary tightening in response to energy price shocks," Research Bulletin, European Central Bank, vol. 123.
    658. Bent Jesper Christensen & Luca Neri & Juan Carlos Parra-Alvarez, 2022. "Estimation of continuous-time linear DSGE models from discrete-time measurements," CREATES Research Papers 2022-12, Department of Economics and Business Economics, Aarhus University.
    659. Aubhik Khan, 2017. "Large Recessions in an Overlapping Generations with Unemployment," 2017 Meeting Papers 1559, Society for Economic Dynamics.
    660. Qingyin Ma & Alexis Akira Toda, 2020. "A Theory of the Saving Rate of the Rich," Papers 2005.02379, arXiv.org, revised Jan 2021.
    661. Kang, Hyunju & Park, Jaevin & Suh, Hyunduk, 2020. "The rise of part-time employment in the great recession: Its causes and macroeconomic effects," Journal of Macroeconomics, Elsevier, vol. 66(C).
    662. Matthew Rognlie & Adrien Auclert, 2016. "Inequality and Aggregate Demand," 2016 Meeting Papers 1353, Society for Economic Dynamics.
    663. Johannes Wieland, 2024. "Comment on "Heterogeneity and Aggregate Fluctuations: Insights from TANK Models"," NBER Chapters, in: NBER Macroeconomics Annual 2024, volume 39, National Bureau of Economic Research, Inc.
    664. Ma, Xiaohan, 2023. "Oil uncertainty and the price-cost markup: Evidence from U.S. data," Energy Economics, Elsevier, vol. 124(C).
    665. Shunya Noda & Kazuhiro Teramoto, 2024. "A dynamic model of rational “panic buying”," Quantitative Economics, Econometric Society, vol. 15(2), pages 489-521, May.
    666. Tomohide Mineyama, 2023. "Downward Nominal Wage Rigidity and Inflation Dynamics during and after the Great Recession," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 55(5), pages 1213-1244, August.
    667. Rüth, Sebastian K. & Simon, Camilla, 2020. "How Do Income and the Debt Position of Households Propagate Public into Private Spending?," Working Papers 0676, University of Heidelberg, Department of Economics.
    668. Suzuki, Tomoya, 2021. "Basic income, wealth inequality and welfare: A proposed case in New Zealand," Economic Analysis and Policy, Elsevier, vol. 72(C), pages 118-128.
    669. Nicolas Caramp & Dejanir H. Silva, 2021. "Monetary Policy and Wealth Effects: The Role of Risk and Heterogeneity," Working Papers 341, University of California, Davis, Department of Economics.
    670. Romeo‐Victor Ionescu & Monica Laura Zlati & Valentin Marian Antohi, 2021. "Brexit impact on European Union's destructuration and its contribution to a new economic crisis: A new modelling approach," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 26(1), pages 1586-1610, January.
    671. Yuki SHIGETA, 2022. "Existence of Invariant Measure and Stationary Equilibrium in aContinuous-Time One-Asset Aiyagari Model:A Case of Regular Controls under Markov Chain Uncertainty," Discussion papers e-22-010, Graduate School of Economics , Kyoto University.
    672. Abbritti, Mirko & Consolo, Agostino, 2024. "Labour market skills, endogenous productivity and business cycles," European Economic Review, Elsevier, vol. 170(C).
    673. Felipe Alves & Christian Bustamante & Xing Guo & Katya Kartashova & Soyoung Lee & Thomas Michael Pugh & Kurt See & Yaz Terajima & Alexander Ueberfeldt, 2022. "Heterogeneity and Monetary Policy: A Thematic Review," Discussion Papers 2022-2, Bank of Canada.
    674. Walker Ray, 2019. "Monetary Policy and the Limits to Arbitrage: Insights from a New Keynesian Preferred Habitat Model," 2019 Meeting Papers 692, Society for Economic Dynamics.
    675. Chu, Angus C. & Cozzi, Guido & Fan, Haichao & Furukawa, Yuichi & Liao, Chih-Hsing, 2018. "Innovation and Inequality in a Monetary Schumpeterian Model with Heterogeneous Households and Firms," MPRA Paper 84711, University Library of Munich, Germany.
    676. Adem Feto & M. K. Jayamohan & Arnis Vilks, 2023. "Applicability and Accomplishments of DSGE Modeling: A Critical Review," Journal of Business Cycle Research, Springer;Centre for International Research on Economic Tendency Surveys (CIRET), vol. 19(2), pages 213-239, September.
    677. Neyer, Ulrike & Stempel, Daniel, 2022. "How should central banks react to household inflation heterogeneity?," DICE Discussion Papers 378, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
    678. Shiou‐Yen Chu, 2022. "Markups, inequality and monetary‐fiscal policies," Scottish Journal of Political Economy, Scottish Economic Society, vol. 69(4), pages 367-395, September.
    679. Momo Komatsu, 2023. "The Effect of Monetary Policy on Consumption Inequality: An Analysis of Transmission Channels through TANK Models," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 55(5), pages 1245-1270, August.
    680. Luzie Thiel, 2023. "Monetary Policy and Inequality: A Two-way Relation," MAGKS Papers on Economics 202304, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    681. Alberto G. Musalem, 2024. "Remarks on the Economic Outlook and Monetary Policy," Speech 98402, Federal Reserve Bank of St. Louis.
    682. Jonathan Chiu & Miguel Molico, 2020. "Online Appendix to "Short-Run Dynamics in a Search-Theoretic Model of Monetary Exchange"," Online Appendices 18-446, Review of Economic Dynamics.
    683. 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.
    684. Andrea Boitani & Lorenzo Di Domenico & Giorgio Ricchiuti, 2024. "Monetary policy and inequality: an heterogenous agents’ approach," DISCE - Working Papers del Dipartimento di Economia e Finanza def133, Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE).
    685. Kshama Dwarakanath & Jialin Dong & Svitlana Vyetrenko, 2024. "Tax Credits and Household Behavior: The Roles of Myopic Decision-Making and Liquidity in a Simulated Economy," Papers 2408.10391, arXiv.org, revised Oct 2024.
    686. Bilbiie, F. O. & Galaasen, S. M. & Gurkayna, R. S. & Maehlum, M. & Molnar, K, 2025. "Hanksson," Janeway Institute Working Papers 2507, Faculty of Economics, University of Cambridge.
    687. John H. Cochrane, 2017. "Macro-Finance," Review of Finance, European Finance Association, vol. 21(3), pages 945-985.
    688. Eiji Goto, 2020. "Industry Impacts of Unconventional Monetary Policy," 2020 Papers pgo873, Job Market Papers.
    689. Kshama Dwarakanath & Svitlana Vyetrenko & Peyman Tavallali & Tucker Balch, 2024. "ABIDES-Economist: Agent-Based Simulation of Economic Systems with Learning Agents," Papers 2402.09563, arXiv.org.
    690. Koursaros, Demetris & Michail, Nektarios & Savva, Christos, 2024. "Examining the behaviour of inflation to supply and demand shocks using an MS-VAR model," Economic Modelling, Elsevier, vol. 141(C).
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    693. 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.
    694. Punzo Chiara & Rossi Lorenza, 2021. "Is a Money-financed Fiscal Stimulus Desirable?," Working papers 818, Banque de France.
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    698. Yongseung Jung, 2017. "Understanding the Real Exchange Rate and Consumption: Limited Asset Market Participation," Korean Economic Review, Korean Economic Association, vol. 33, pages 127-152.

  22. Kurt Mitman & Gianluca Violante & Greg Kaplan, 2015. "Consumption and House Prices in the Great Recession: Model Meets Evidence," 2015 Meeting Papers 275, Society for Economic Dynamics.

    Cited by:

    1. Feixue Gong & Gregory Phelan, 2019. "Debt Collateralization, Capital Structure, and Maximal Leverage," Department of Economics Working Papers 2019-07, Department of Economics, Williams College, revised Jul 2019.
    2. James Conklin & W. Scott Frame & Kristopher Gerardi & Haoyang Liu, 2020. "Villains or Scapegoats? The Role of Subprime Borrowers in Driving the U.S. Housing Boom," Working Papers 2013, Federal Reserve Bank of Dallas.
    3. Ströbel, Johannes & Kuchler, Theresa & Dávila, Eduardo & Bailey, Michael, 2017. "House Price Beliefs And Mortgage Leverage Choice," CEPR Discussion Papers 12476, C.E.P.R. Discussion Papers.
    4. Jieying Li & Xin Zhang, 2018. "House Prices, Home Equity, and Personal Debt Composition," 2018 Meeting Papers 661, Society for Economic Dynamics.
    5. McInerney, Niall, 2019. "Macroprudential Policy, Banking and the Real Estate Sector," MPRA Paper 91777, University Library of Munich, Germany.
    6. Alla Koblyakova & Larisa Fleishman & Orly Furman, 2022. "Accuracy of Households’ Dwelling Valuations, Housing Demand and Mortgage Decisions: Israeli Case," The Journal of Real Estate Finance and Economics, Springer, vol. 65(1), pages 48-74, July.
    7. Johannes Stroebel, 2016. "EconomicDynamics Interview: Johannes Stroebel on real estate dynamics," EconomicDynamics Newsletter, Review of Economic Dynamics, vol. 17(2), November.
    8. Veronica Guerrieri & Joseph Vavra & Guido Lorenzoni & David Berger, 2015. "House Prices and Consumer Spending," 2015 Meeting Papers 186, Society for Economic Dynamics.
    9. Serdar Ozkan & Kurt Mitman & Fatih Karahan & Aaron Hedlund, 2017. "Monetary Policy, Heterogeneity, and the Housing Channel," 2017 Meeting Papers 1610, Society for Economic Dynamics.
    10. Callum Jones, 2018. "Household Leverage and the Recession," 2018 Meeting Papers 933, Society for Economic Dynamics.
    11. Huo, Zhen, 2016. "Financial Frictions, Asset Prices, and the Great Recession," CEPR Discussion Papers 11544, C.E.P.R. Discussion Papers.
    12. Albanesi, Stefania & De Giorgi, Giacomo & Nosal, Jaromir, 2017. "Credit Growth and the Financial Crisis: A New Narrative," CEPR Discussion Papers 12230, C.E.P.R. Discussion Papers.
    13. Alessia De Stefani, 2017. "Waves of Optimism: House Price History, Biased Expectations and Credit Cycles," Edinburgh School of Economics Discussion Paper Series 282, Edinburgh School of Economics, University of Edinburgh.
    14. Philippon, Thomas & Midrigan, Virgiliu, 2011. "Household Leverage and the Recession," CEPR Discussion Papers 8381, C.E.P.R. Discussion Papers.
    15. Ströbel, Johannes & Kuchler, Theresa & Bailey, Michael & Cao, Ruiqing, 2016. "Social Networks and Housing Markets," CEPR Discussion Papers 11272, C.E.P.R. Discussion Papers.
    16. Kaplan, Greg & Mitman, Kurt & Violante, Giovanni L., 2020. "Non-durable consumption and housing net worth in the Great Recession: Evidence from easily accessible data," Journal of Public Economics, Elsevier, vol. 189(C).
    17. Corina Boar & Denis Gorea & Virgiliu Midrigan, 2017. "Liquidity Constraints in the U.S. Housing Market," NBER Working Papers 23345, National Bureau of Economic Research, Inc.
    18. Guerrieri, V. & Uhlig, H., 2016. "Housing and Credit Markets," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 1427-1496, Elsevier.
    19. Atif Mian & Amir Sufi, 2016. "Who Bears the Cost of Recessions? The Role of House Prices and Household Debt," NBER Working Papers 22256, National Bureau of Economic Research, Inc.
    20. Giovanni L. Violante, 2017. "Comment on "Dynamics of Housing Debt in the Recent Boom and Bust"," NBER Chapters, in: NBER Macroeconomics Annual 2017, volume 32, pages 318-328, National Bureau of Economic Research, Inc.
    21. Zhen Huo & José-Víctor Ríos-Rull, 2016. "The Great Recession and Financial Shocks," Economic Policy Paper 16-3, Federal Reserve Bank of Minneapolis.
    22. Nuno Paixao, 2018. "Housing Prices and Consumer Spending: The Bank Balance Sheet Channel," 2018 Meeting Papers 1017, Society for Economic Dynamics.

  23. Greg Kaplan & Sam Schulhofer-Wohl, 2015. "Understanding the Long-Run Decline in Interstate Migration: Online Appendix," Working Papers 725, Federal Reserve Bank of Minneapolis.

    Cited by:

    1. Shigeru Fujita, 2018. "Declining Labor Turnover and Turbulence," Working Papers 18-6, Federal Reserve Bank of Philadelphia.
    2. Rothstein, Jesse, 2016. "The Great Recession and its Aftermath: What Role for Structural Changes?," Institute for Research on Labor and Employment, Working Paper Series qt3x4824m3, Institute of Industrial Relations, UC Berkeley.
    3. Elisa Giannone, 2017. "Skill-Biased Technical Change and Regional Convergence," 2017 Meeting Papers 190, Society for Economic Dynamics.

  24. Mark Huggett & Greg Kaplan, 2015. "How Large is the Stock Component of Human Capital?," NBER Working Papers 21238, National Bureau of Economic Research, Inc.

    Cited by:

    1. Giovanni Gallipoli & Brant Abbott, 2017. ""Permanent Income" Inequality," 2017 Meeting Papers 1033, Society for Economic Dynamics.
    2. Yongsung Chang & Jay Hong & Marios Karabarbounis & Yicheng Wang & Tao Zhang, 2021. "Online Appendix to "Income Volatility and Portfolio Choices"," Online Appendices 20-409, Review of Economic Dynamics.
    3. Fatih Guvenen & Serdar Ozkan & Rocio Madera, 2024. "Consumption Dynamics and Welfare Under Non-Gaussian Earnings Risk," NBER Working Papers 32298, National Bureau of Economic Research, Inc.
    4. Kartik Athreya & Felicia Ionescu & Urvi Neelakantan, 2023. "Stock Market Participation: The Role of Human Capital," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 47, pages 1-18, January.
    5. Christopher Busch & David Domeij & Fatih Guvenen & Rocio Madera, 2022. "Skewed Idiosyncratic Income Risk over the Business Cycle: Sources and Insurance," American Economic Journal: Macroeconomics, American Economic Association, vol. 14(2), pages 207-242, April.
    6. Jonathan Heathcote & Fabrizio Perri & Gianluca Violante, 2020. "The Rise of US Earnings Inequality: Does the Cycle Drive the Trend?," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 37, pages 181-204, August.
    7. Dejanir Silva & Robert Townsend, 2018. "Risk-taking over the Life Cycle: Aggregate and Distributive Implications of Entrepreneurial Risk," 2018 Meeting Papers 1318, Society for Economic Dynamics.
    8. Busch, Christopher & Ludwig, Alexander, 2020. "Higher-order income risk over the business cycle," SAFE Working Paper Series 274, Leibniz Institute for Financial Research SAFE.
    9. Kartik B. Athreya & Felicia Ionescu & Urvi Neelakantan, 2015. "Stock Market Investment: The Role of Human Capital," Working Paper 15-7, Federal Reserve Bank of Richmond.
    10. Eshaghnia, Sadegh S. M. & Heckman, James J. & Landersø, Rasmus & Qureshi, Rafeh, 2022. "Intergenerational Transmission of Family Influence," IZA Discussion Papers 15504, Institute of Labor Economics (IZA).
    11. Cho, Yunho & Morley, James & Singh, Aarti, 2019. "Marginal propensities to consume before and after the Great Recession," Working Papers 2019-11, University of Sydney, School of Economics, revised Sep 2021.
    12. Jan Voelzke & Jeanne Diesteldorf & Fabian Goessling & Till Weigt, 2017. "Investors' favourite - A different look at valuing individual labour income," CQE Working Papers 6017, Center for Quantitative Economics (CQE), University of Muenster.
    13. Sylvain Catherine & Paolo Sodini & Yapei Zhang, 2024. "Countercyclical Income Risk and Portfolio Choices: Evidence from Sweden," Journal of Finance, American Finance Association, vol. 79(3), pages 1755-1788, June.
    14. Yongsung Chang & Jay. H. Hong & Marios Karabarbounis & Yicheng Wang, 2020. "Income Volatility and Portfolio Choices," Working Paper Series no131, Institute of Economic Research, Seoul National University.
    15. Taylor, Alan M. & Kopecky, Joseph V., 2020. "The Murder-Suicide of the Rentier: Population Aging and the Risk Premium," CEPR Discussion Papers 14576, C.E.P.R. Discussion Papers.
    16. Elizabeth Ash & William Carrington & Rebecca Heller & Grace Hwang, 2023. "Exploring the Effects of Medicaid During Childhood on the Economy and the Budget: Working Paper 2023-07," Working Papers 59231, Congressional Budget Office.
    17. Gálvez, Julio & Paz-Pardo, Gonzalo, 2023. "Richer earnings dynamics, consumption and portfolio choice over the life cycle," Working Paper Series 2810, European Central Bank.
    18. Voelzke, Jan & Gößling, Fabian & Diesteldorf, Jeanne & Weigt, Till, 2017. "Investors' favourite - A different look at valuing individual labour income," VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking 168065, Verein für Socialpolitik / German Economic Association.
    19. Robert Östling & Erik Lindqvist & David Cesarini & Joseph Briggs, 2016. "Wealth, Portfolio Allocations, and Risk Preference," 2016 Meeting Papers 1089, Society for Economic Dynamics.
    20. Xiao Dai & Liang Yan, 2020. "The Spatial Correlation and Explanation of the Evolution of China’s Regional Human Capital Structure—Based on Network Analysis Method," Sustainability, MDPI, vol. 13(1), pages 1-20, December.
    21. Guodong Chen & Minjoon Lee & Tong-yob Nam, 2018. "Forced Retirement Risk and Portfolio Choice," Carleton Economic Papers 18-06, Carleton University, Department of Economics.
    22. Brant Abbott & Giovanni Gallipoli, 2018. "Human Capital Inequality: Empirical Evidence," Working Papers 2018-085, Human Capital and Economic Opportunity Working Group.
    23. Adam Pigoń, 2022. "A Simple Model of Educated Hand-to-Mouth Consumers," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 2, pages 20-43.

  25. Nicholas Trachter & Leena Rudanko & Guido Menzio & Greg Kaplan, 2015. "Relative Price Dispersion," 2015 Meeting Papers 417, Society for Economic Dynamics.

    Cited by:

    1. Guido Menzio & Nicholas Trachter, 2015. "Equilibrium Price Dispersion Across and Within Stores," PIER Working Paper Archive 15-003, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    2. Roldan-Blanco, Pau & Gilbukh, Sonia, 2021. "Firm dynamics and pricing under customer capital accumulation," Journal of Monetary Economics, Elsevier, vol. 118(C), pages 99-119.
    3. Andrew Rhodes & Jidong Zhou, 2019. "Consumer Search and Retail Market Structure," Management Science, INFORMS, vol. 67(6), pages 2607-2623, June.
    4. Andres Drenik, 2017. "Pricing in Multiple Currencies in Domestic Markets," 2017 Meeting Papers 1418, Society for Economic Dynamics.

  26. Rosetta Dollman & Greg Kaplan & Gianni La Cava & Tahlee Stone, 2015. "Household Economic Inequality in Australia," RBA Research Discussion Papers rdp2015-15, Reserve Bank of Australia.

    Cited by:

    1. van Netten, Jamie, 2023. "The relationship between inequality and bank credit in Australia," Warwick-Monash Economics Student Papers 54, Warwick Monash Economics Student Papers.
    2. Garry Barrett, 2018. "The labor market in Australia, 2000–2016," IZA World of Labor, Institute of Labor Economics (IZA), pages 1-11, July.
    3. David Gunawan & William E. Griffiths & Duangkamon Chotikapanich, 2021. "Posterior Probabilities for Lorenz and Stochastic Dominance of Australian Income Distributions," The Economic Record, The Economic Society of Australia, vol. 97(319), pages 504-524, December.
    4. Owen Freestone, 2018. "The Drivers of Life‐Cycle Wage Inequality in Australia," The Economic Record, The Economic Society of Australia, vol. 94(307), pages 424-444, December.
    5. Cho, Yunho & Morley, James & Singh, Aarti, 2019. "Marginal propensities to consume before and after the Great Recession," Working Papers 2019-11, University of Sydney, School of Economics, revised Sep 2021.
    6. Maximilian Longmuir, 2021. "Fair Crack of the Whip? The Distribution of Augmented Wealth in Australia from 2002 to 2018," Melbourne Institute Working Paper Series wp2021n04, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne.
    7. Chung Tran & Nabeeh Zakariyya, 2019. "Tax Progressivity in Australia: Facts, Measurements and Estimates," ANU Working Papers in Economics and Econometrics 2019-667, Australian National University, College of Business and Economics, School of Economics.
    8. Jeff Borland & Michael Coelli, 2016. "Labour Market Inequality in Australia," The Economic Record, The Economic Society of Australia, vol. 92(299), pages 517-547, December.
    9. Javier Ballesteros Muñoz & Jorge Onrubia, 2022. "Régimen de tenencia de la vivienda habitual y desigualdad de la renta de los hogares españoles," Studies on the Spanish Economy eee2022-26, FEDEA.
    10. Sebestyénné Szép, Tekla, 2018. "A hatósági árcsökkentés lakossági energiafelhasználásra gyakorolt hatásának vizsgálata indexdekompozícióval [Analysing the effects of utility-cost reduction on household energy consumption, using i," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(2), pages 185-205.
    11. Grzywińska-Rąpca Małgorzata & Grzybowska-Brzezińska Mariola & Gornowicz Mirosław, 2023. "Income inequality among European households and their biological type," International Journal of Management and Economics, Warsaw School of Economics, Collegium of World Economy, vol. 59(3), pages 197-208, September.
    12. Roger Wilkins, 2021. "Economic Wellbeing," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 54(4), pages 469-481, December.
    13. Nelson, Tim & McCracken-Hewson, Eleanor & Sundstrom, Gabby & Hawthorne, Marianne, 2019. "The drivers of energy-related financial hardship in Australia – understanding the role of income, consumption and housing," Energy Policy, Elsevier, vol. 124(C), pages 262-271.
    14. Yunho Cho & Aarti Singh & James Morley, 2019. "Household Balance Sheets and Consumption Responses to Income Shocks," 2019 Meeting Papers 788, Society for Economic Dynamics.
    15. Mark Westcott & John Murray, 2017. "Financialisation and inequality in Australia," The Economic and Labour Relations Review, , vol. 28(4), pages 519-537, December.
    16. Chung Tran & Nabeeh Zakariyya, 2021. "Tax Progressivity in Australia: Facts, Measurements and Estimates†," The Economic Record, The Economic Society of Australia, vol. 97(316), pages 45-77, March.

  27. Greg Kaplan & Guido Menzio, 2014. "The Morphology of Price Dispersion," NBER Working Papers 19877, National Bureau of Economic Research, Inc.

    Cited by:

    1. Böheim, René & Hackl, Franz & Hölzl-Leitner, Michael, 2021. "The impact of price adjustment costs on price dispersion in e-commerce," International Journal of Industrial Organization, Elsevier, vol. 77(C).
    2. Yuriy Gorodnichenko & Viacheslav Sheremirov & Oleksandr Talavera, 2018. "Price Setting in Online Markets: Does IT Click?," Journal of the European Economic Association, European Economic Association, vol. 16(6), pages 1764-1811.
    3. Demetris Koursaros & Nektarios Michail & Niki Papadopoulou & Christos Savva, 2023. "Sales and promotions and the great recession deflation," Empirical Economics, Springer, vol. 64(1), pages 349-392, January.
    4. Christophe Muller, 2022. "Poverty Measurement under Income and Price Dispersions," Working Papers hal-03612841, HAL.
    5. Zack Cooper & Stuart V Craig & Martin Gaynor & John Van Reenen, 2019. "The Price Ain’t Right? Hospital Prices and Health Spending on the Privately Insured," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 134(1), pages 51-107.
    6. Myongjin Kim & Leilei Shen & Qi Ge, 2023. "Does Competition Increase or Decrease Price Dispersion? Insights from One‐Way vs. Round‐Trip Airfares," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 85(2), pages 435-455, April.
    7. Aviv Nevo & Arlene Wong, 2015. "The Elasticity of Substitution Between Time and Market Goods: Evidence from the Great Recession," NBER Working Papers 21318, National Bureau of Economic Research, Inc.
    8. Luigi Paciello & Andrea Pozzi & Nicholas Trachter, 2019. "Price Dynamics With Customer Markets," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 60(1), pages 413-446, February.
    9. Hao Lan & Tim Lloyd & Wyn Morgan & Paul W. Dobson, 2022. "Are food price promotions predictable? The hazard function of supermarket discounts," Journal of Agricultural Economics, Wiley Blackwell, vol. 73(1), pages 64-85, February.
    10. Nicoletta Berardi, 2023. "The Elusive Law of One Retail Chain Price," Journal of Industry, Competition and Trade, Springer, vol. 23(3), pages 261-281, December.
    11. Messner, Teresa & Rumler, Fabio & Strasser, Georg, 2022. "Cross-country price and inflation dispersion: Retail network or national border," Single Market Economics Papers WP2022/11, Directorate-General for Internal Market, Industry, Entrepreneurship and SMEs (European Commission), Chief Economist Team.
    12. Benjamin Eden, 2014. "Price dispersion and demand uncertainty: Evidence from US scanner data," Vanderbilt University Department of Economics Working Papers 14-00011, Vanderbilt University Department of Economics.
    13. Griffith, Rachel & O'Connell, Martin & Smith, Kate, 2014. "Shopping around? How households adjusted food spending over the Great Recession," CEPR Discussion Papers 10096, C.E.P.R. Discussion Papers.
    14. Alberto Cavallo & Oleksiy Kryvtsov, 2024. "Price Discounts and Cheapflation During the Post-Pandemic Inflation Surge," Staff Working Papers 24-31, Bank of Canada.
    15. Rafael R. Guthmann, 2024. "Price dispersion in dynamic competition," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 78(4), pages 1203-1232, December.
    16. Zeballos, Eliana & Sinclair, Wilson & Park, Timothy, 2021. "Understanding the Components of U.S. Food Expenditures During Recessionary and Non-Recessionary Periods," USDA Miscellaneous 316348, United States Department of Agriculture.
    17. Günter J. Hitsch & Ali Hortaçsu & Xiliang Lin, 2021. "Prices and promotions in U.S. retail markets," Quantitative Marketing and Economics (QME), Springer, vol. 19(3), pages 289-368, December.
    18. Sofronis Clerides & Pascal Courty & Yupei Ma, 2020. "Store expensiveness and consumer saving: Insights from a new decomposition of price dispersion," University of Cyprus Working Papers in Economics 02-2020, University of Cyprus Department of Economics.
    19. Joachim Kaldasch, 2011. "The Product Life Cycle of Durable Goods," Papers 1109.0828, arXiv.org, revised Sep 2015.
    20. Föllmi, Reto & Minsch, Rudolf & Schnell, Fabian, 2016. "What Determines Price Changes and the Distribution of Prices? Evidence from the Swiss CPI," Economics Working Paper Series 1610, University of St. Gallen, School of Economics and Political Science.
    21. Guido Menzio & Nicholas Trachter, 2014. "Large and Small Sellers: A Theory of Equilibrium Price Dispersion with Sequential Search," NBER Working Papers 19990, National Bureau of Economic Research, Inc.
    22. Dragan Dživdžanovic, 2025. "Examining cheapflation in Serbia in the 2022-2024 period," Working Papers Bulletin 28, National Bank of Serbia.
    23. Christophe Muller, 2022. "Poverty Measurement under Income and Price Dispersions," AMSE Working Papers 2204, Aix-Marseille School of Economics, France.
    24. Nicholas Trachter & Guido Menzio, 2014. "Equilibrium Price Dispersion with Sequential Search," 2014 Meeting Papers 984, Society for Economic Dynamics.
    25. Kaas, Leo & Kimasa, Bihemo, 2018. "Firm Dynamics with Frictional Product and Labor Markets," IZA Discussion Papers 11745, Institute of Labor Economics (IZA).
    26. Gyöngyösi, Győző & Rariga, Judit & Verner, Emil, 2022. "The anatomy of consumption in a household foreign currency debt crisis," Working Paper Series 2733, European Central Bank.
    27. Armstrong, Mark & Vickers, John, 2019. "Patterns of Competitive Interaction," MPRA Paper 95336, University Library of Munich, Germany.
    28. Jeisson Cárdenas & Jesús Otero & Luis H. Gutiérrez, 2022. "Search intensity, search time and prices: evidence from retail diesel markets in France," Quality & Quantity: International Journal of Methodology, Springer, vol. 56(6), pages 4797-4807, December.
    29. Sara Moreira & Munseob Lee & David Argente, 2017. "Innovation and Product Reallocation in the Great Recession," 2017 Meeting Papers 1614, Society for Economic Dynamics.
    30. Menzio, Guido, 2024. "Search theory of imperfect competition with decreasing returns to scale," Journal of Economic Theory, Elsevier, vol. 218(C).
    31. Benjamin Eden & Maya Eden & Jonah Yuen, 2019. "Temporary sales in response to aggregate shocks," Vanderbilt University Department of Economics Working Papers 19-00003, Vanderbilt University Department of Economics.
    32. Miguel Ampudia & Michael Ehrmann & Georg Strasser, 2023. "The effect of monetary policy on inflation heterogeneity along the income distribution," BIS Working Papers 1124, Bank for International Settlements.
    33. Toshiaki Shoji, 2024. "Heterogeneity in prices and inflation over the life cycle," Empirical Economics, Springer, vol. 66(2), pages 651-670, February.
    34. Yijuan Chen & Xiangting Hu & Sanxi Li, 2024. "Postsearch uncertainty, product heterogeneity, and price divergence," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 33(1), pages 175-202, January.
    35. Kaldasch, Joachim, 2015. "Dynamic Model of the Price Dispersion of Homogeneous Goods," MPRA Paper 64723, University Library of Munich, Germany.
    36. Sheremirov, Viacheslav, 2020. "Price dispersion and inflation: New facts and theoretical implications," Journal of Monetary Economics, Elsevier, vol. 114(C), pages 59-70.
    37. Borri, Nicola & Shakhnov, Kirill, 2023. "Cryptomarket discounts," Journal of International Money and Finance, Elsevier, vol. 139(C).
    38. David Argente & Munseob Lee, 2021. "Cost of Living Inequality During the Great Recession," Journal of the European Economic Association, European Economic Association, vol. 19(2), pages 913-952.
    39. Sergio Lago Alves & Hashmat Khan, 2024. "Are New Keynesian Models Useful When Trend Inflation is Not Low?," Working Papers 24-08, Chair in macroeconomics and forecasting, University of Quebec in Montreal's School of Management, revised Aug 2024.
    40. Gaetano Gaballo, 2018. "Price Dispersion, Private Uncertainty, and Endogenous Nominal Rigidities," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 85(2), pages 1070-1110.
    41. Bar-Isaac, Heski & Shelegia, Sandro, 2022. "Search, Showrooming, and Retailer Variety," CEPR Discussion Papers 15448, C.E.P.R. Discussion Papers.
    42. Martin Beraja & Erik Hurst & Juan Ospina, 2016. "The Aggregate Implications of Regional Business Cycles," NBER Working Papers 21956, National Bureau of Economic Research, Inc.
    43. Ampudia, Miguel & Ehrmann, Michael & Strasser, Georg, 2024. "Shopping behavior and the effect of monetary policy on inflation heterogeneity along the income distribution," Journal of Monetary Economics, Elsevier, vol. 148(C).
    44. Ji Yan & Kun Tian & Huw D. Dixon & Saeed Heravi & Peter Morgan, 2014. "Shop Around and You Pay More," CESifo Working Paper Series 4940, CESifo.
    45. Nicolas Vincent & Oleksiy Kryvtsov, 2015. "On the Importance of Sales for Aggregate Price Flexibility," 2015 Meeting Papers 46, Society for Economic Dynamics.
    46. Klaczko Iael, 2023. "Price dispersion in Uruguay," Asociación Argentina de Economía Política: Working Papers 4662, Asociación Argentina de Economía Política.
    47. Jamie Coen & Anil K Kashyap & May Rostom, 2023. "Price Discrimination and Mortgage Choice," NBER Working Papers 31652, National Bureau of Economic Research, Inc.
    48. Zeballos, Eliana & Islamaj, Ergys & Sinclair, Wilson J., 2024. "Government Transfers: Smoothing Food Expenditures During Recessions," 2024 Annual Meeting, July 28-30, New Orleans, LA 343953, Agricultural and Applied Economics Association.
    49. 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.).
    50. Byrne, David P. & Martin, Leslie A., 2021. "Consumer search and income inequality," International Journal of Industrial Organization, Elsevier, vol. 79(C).
    51. Joachim Kaldasch, 2023. "The Price Distribution of Consumer Goods in Retail Markets," International Journal of Economics and Financial Issues, Econjournals, vol. 13(5), pages 52-58, September.
    52. Anderson, Simon & de Palma, André, 2021. "Economic distributions, primitive distributions, and demand recovery in monopolistic competition," CEPR Discussion Papers 15731, C.E.P.R. Discussion Papers.
    53. Benjamin Eden & Maya Eden & Jonah Yuen, 2016. "Inside The Price Dispersion Box: Evidence From Us Scanner Data," Vanderbilt University Department of Economics Working Papers 16-00017, Vanderbilt University Department of Economics.
    54. N. M. Rozanova, 2025. "Digital Economy Cartels," Studies on Russian Economic Development, Springer, vol. 36(1), pages 135-140, February.

  28. Fatih Guvenen & Greg Kaplan & Jae Song, 2014. "How Risky Are Recessions for Top Earners?," NBER Working Papers 19864, National Bureau of Economic Research, Inc.

    Cited by:

    1. Reto Foellmi & Isabel Z. Martínez, 2017. "Volatile Top Income Shares in Switzerland? Reassessing the Evolution between 1981 and 2010," The Review of Economics and Statistics, MIT Press, vol. 99(5), pages 793-809, December.
    2. Philippe Aghion & U. Akcigit & Antonin Bergeaud & R. Blundell & D. H mous, 2015. "Innovation and Top Income Inequality," Working papers 557, Banque de France.
    3. Born, Benjamin & Bayer, Christian & Luetticke, Ralph, 2020. "The Liquidity Channel of Fiscal Policy," CEPR Discussion Papers 14883, C.E.P.R. Discussion Papers.
    4. Frédéric Teulon & Guillaume Bigot & Bernard Terrany & Negar Youssefian, 2016. "Rémunérations des PDG : toniques ou toxiques ? Une mise en perspective de la littérature," Post-Print hal-01865108, HAL.
    5. Christian Bayer & Benjamin Born & Ralph Luetticke, 2020. "Shocks, Frictions, and Inequality in US Business Cycles," CESifo Working Paper Series 8085, CESifo.
    6. Valadkhani, Abbas, 2023. "Asymmetric downside risk across different sectors of the US equity market," Global Finance Journal, Elsevier, vol. 57(C).
    7. Christian Bayer & Benjamin Born & Ralph Luetticke & Gernot J Müller, 2023. "The Coronavirus Stimulus Package: How Large is the Transfer Multiplier," The Economic Journal, Royal Economic Society, vol. 133(652), pages 1318-1347.
    8. Foellmi, Reto & Martínez, Isabel Z., 2014. "Volatile Top Income Shares in Switzerland? Reassessing the Evolution Between 1981 and 2009," CEPR Discussion Papers 10006, C.E.P.R. Discussion Papers.
    9. Michael Böhm & Daniel Metzger & Per Strömberg, 2022. "“Since You’re So Rich, You Must Be Really Smart”: Talent, Rent Sharing, and the Finance Wage Premium," ECONtribute Discussion Papers Series 147, University of Bonn and University of Cologne, Germany.
    10. Strömberg, Per & Metzger, Daniel & Böhm, Michael, 2018. "“Since you’re so rich, you must be really smart†: Talent and the Finance Wage Premium," CEPR Discussion Papers 12711, C.E.P.R. Discussion Papers.
    11. Audra Bowlus & Émilien Gouin-Bonenfant & Huju Liu & Lance Lochner & Youngmin Park, 2021. "Four Decades of Canadian Earnings Inequality and Dynamics across Workers and Firms," NBER Working Papers 28757, National Bureau of Economic Research, Inc.
    12. Alejandro Badel & Moira Daly & Mark Huggett & Martin Nybom, 2017. "Top Earners: Cross-Country Facts," Working Papers 2017-061, Human Capital and Economic Opportunity Working Group.
    13. Böhm, Michael Johannes & Metzger, Daniel & Strömberg, Per, 2022. "'Since You're So Rich, You Must Be Really Smart': Talent, Rent Sharing, and the Finance Wage Premium," IZA Discussion Papers 15337, Institute of Labor Economics (IZA).
    14. Beatriz Muriel & Horacio Vera, 2015. "The Effects of Economic Growth on Earnings in Bolivia," Development Research Working Paper Series 08/2015, Institute for Advanced Development Studies.
    15. Jack Blundell, 2021. "Wage responses to gender pay gap reporting requirements," CEP Discussion Papers dp1750, Centre for Economic Performance, LSE.
    16. Bernstein, Joshua, 2021. "A model of state-dependent monetary policy," Journal of Monetary Economics, Elsevier, vol. 117(C), pages 904-917.
    17. Jesse Bricker & Alice Henriques & Jacob Krimmel & John Sabelhaus, 2016. "Measuring Income and Wealth at the Top Using Administrative and Survey Data," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 47(1 (Spring), pages 261-331.
    18. Böhm, Michael & Metzger, Daniel & Strömberg, Per, 2015. "Since you’re so rich, you must be really smart”: Talent and the Finance Wage Premium," Working Paper Series 313, Sveriges Riksbank (Central Bank of Sweden).
    19. Blundell, Jack, 2021. "Wage responses to gender pay gap reporting requirements," LSE Research Online Documents on Economics 114416, London School of Economics and Political Science, LSE Library.
    20. Reto Foellmi & Isabel Z. Martínez, 2018. "Inequality in Switzerland: A Haven of Stability?," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 19(02), pages 19-25, July.

  29. Violante, Giovanni & Kaplan, Greg & Weidner, Justin, 2014. "The Wealthy Hand-to-Mouth," CEPR Discussion Papers 9954, C.E.P.R. Discussion Papers.

    Cited by:

    1. Christophe Van Langenhove, 2025. "Wealth Mobility in the United States: Empirical Evidence from the PSID," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 25/1104, Ghent University, Faculty of Economics and Business Administration.
    2. Fagereng, Andreas & Onshuus, Helene & Torstensen, Kjersti N., 2024. "The consumption expenditure response to unemployment: Evidence from Norwegian households," Journal of Monetary Economics, Elsevier, vol. 146(C).
    3. Sá, Diogo, 2022. "Liquidity constraints and fiscal multipliers," MPRA Paper 112132, University Library of Munich, Germany.
    4. Acharya, Sushant & CHALLE, Edouard & Dogra, Keshav, 2020. "Optimal Monetary Policy According to HANK," CEPR Discussion Papers 14429, C.E.P.R. Discussion Papers.
    5. Tervala, Juha & Watson, Timothy, 2022. "Hysteresis and fiscal stimulus in a recession," Journal of International Money and Finance, Elsevier, vol. 124(C).
    6. Hans Gersbach & Jean-Charles Rochet & Martin Scheffel, 2019. "Financial Intermediation, Capital Accumulation and Crisis Recovery," Swiss Finance Institute Research Paper Series 19-62, Swiss Finance Institute.
    7. Eskelinen, Maria, 2021. "Monetary policy, agent heterogeneity and inequality: insights from a three-agent New Keynesian model," Working Paper Series 2590, European Central Bank.
    8. Patrick Fève & Jean-Guillaume Sahuc, 2016. "In Search of the Transmission Mechanism of Fiscal Policy in the Euro Area," Working papers 585, Banque de France.
    9. Fergus Cumming & Paul Hubert, 2019. "The role of households' borrowing constraints in the transmission of monetary policy," SciencePo Working papers Main hal-03403257, HAL.
    10. Pennings,Steven Michael, 2020. "Cross-Region Transfers in a Monetary Union : Evidence from the US and Some Implications," Policy Research Working Paper Series 9244, The World Bank.
    11. Richard K. Crump & Stefano Eusepi & Andrea Tambalotti & Giorgio Topa, 2015. "Subjective Intertemporal Substitution," Staff Reports 734, Federal Reserve Bank of New York.
    12. Da Silva, António Dias & Rusinova, Desislava & Weißler, Marco, 2023. "Consumption effects of job loss expectations: new evidence for the euro area," Working Paper Series 2817, European Central Bank.
    13. Mali Chivakul & Bernhard Kassner, 2019. "Can Consumption Growth in China Keep Up as Investment Slows?," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 61(3), pages 381-412, September.
    14. Martin Holm & Gisle Natvik & Andreas Fagereng, 2017. "MPC Heterogeneity and Household Balance Sheets," 2017 Meeting Papers 65, Society for Economic Dynamics.
    15. Dong, Jingxuan, 2024. "Digital finance’s impact on household portfolio diversity: Evidence from Chinese households," Finance Research Letters, Elsevier, vol. 70(C).
    16. Bracco,Jessica Roxana & Galeano,Luciana Maria & Juarros,Pedro Francisco & Riera-Crichton,Daniel & Vuletin,Guillermo Javier, 2021. "Social Transfer Multipliers in Developed and Emerging Countries : The Role of Hand-to-Mouth Consumers," Policy Research Working Paper Series 9627, The World Bank.
    17. Xavier Ragot, 2023. "Optimal Monetary Policy in a Liquidity Trap with Heterogeneous Agents," Post-Print halshs-03922385, HAL.
    18. Matthias Burgert & Werner Roeger & Janos Varga & Jan in 't Veld & Lukas Vogel, 2020. "A Global Economy Version of QUEST: Simulation Properties," European Economy - Discussion Papers 126, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    19. Badarinza, Cristian & Campbell, John Y. & Ramadorai, Tarun, 2016. "International Comparative Household Finance," Scholarly Articles 27535132, Harvard University Department of Economics.
    20. Alice Albonico & Alessia Paccagnini & Patrizio Tirelli, 2017. "PIIGS in the Euro area: An empirical DSGE model," Discussion Papers in Economics economics:201710, Griffith University, Department of Accounting, Finance and Economics.
    21. Michiru Kaneda & So Kubota & Satoshi Tanaka, 2021. "Who spent their COVID-19 stimulus payment? Evidence from personal finance software in Japan," The Japanese Economic Review, Springer, vol. 72(3), pages 409-437, July.
    22. Ampudia, Miguel & Georgarakos, Dimitris & Slacalek, Jiri & Tristani, Oreste & Vermeulen, Philip & Violante, Giovanni L., 2018. "Monetary policy and household inequality," Working Paper Series 2170, European Central Bank.
    23. Greg Kaplan & Benjamin Moll & Giovanni L. Violante, 2016. "Monetary Policy According to HANK," Working Papers 1602, Council on Economic Policies.
    24. Pedro Brinca & Miguel H. Ferreira & Francesco Franco & Hans A. Holter & Laurence Malafry, 2017. "Fiscal Consolidation Programs and Income Inequality," CEF.UP Working Papers 1703, Universidade do Porto, Faculdade de Economia do Porto.
    25. Philippe Martin & Thomas Philippon, 2017. "Inspecting the Mechanism: Leverage and the Great Recession in the Eurozone," American Economic Review, American Economic Association, vol. 107(7), pages 1904-1937, July.
    26. Stijn Claessens & M Ayhan Kose, 2018. "Frontiers of macrofinancial linkages," BIS Papers, Bank for International Settlements, number 95.
    27. Christopher D. Carroll & Edmund Crawley & Jiri Slacalek & Kiichi Tokuoka & Matthew N. White, 2018. "Sticky Expectations and Consumption Dynamics," NBER Working Papers 24377, National Bureau of Economic Research, Inc.
    28. Daria Pignalosa, 2021. "The Euler Equation Approach: Critical Implications of Recent Developments in the Theory of Intertemporal Choice," Bulletin of Political Economy, Bulletin of Political Economy, vol. 15(1), pages 1-43, June.
    29. Alina Bartscher & Moritz Kuhn & Moritz Schularick & Ulrike Steins, 2025. "Online Appendix to "The Distribution of Household Debt in the United States, 1950-2022"," Online Appendices 24-152, Review of Economic Dynamics.
    30. Adrien Auclert, 2017. "Monetary Policy and the Redistribution Channel," NBER Working Papers 23451, National Bureau of Economic Research, Inc.
    31. Daniel Lewis & Davide Melcangi & Laura Pilossoph, 2024. "Latent Heterogeneity in the Marginal Propensity to Consume," NBER Working Papers 32523, National Bureau of Economic Research, Inc.
    32. Surico, P. & Trezzi, R., 2016. "Consumer Spending and Fiscal Consolidation: Evidence from a Housing Tax Experiment," Cambridge Working Papers in Economics 1648, Faculty of Economics, University of Cambridge.
    33. Alejandro Justiniano & Giorgio E. Primiceri & Andrea Tambalotti, 2014. "Credit Supply and the Housing Boom," Working Paper Series WP-2014-21, Federal Reserve Bank of Chicago.
    34. Martin Eichenbaum & Sergio Rebelo & Arlene Wong, 2022. "State-Dependent Effects of Monetary Policy: The Refinancing Channel," American Economic Review, American Economic Association, vol. 112(3), pages 721-761, March.
    35. Yuliya Demyanyk & Dmytro Hryshko & María Jose Luengo-Prado & Bent E. Sorensen, 2015. "The rise and fall of consumption in the '00s," Working Papers 15-12, Federal Reserve Bank of Boston.
    36. Julien Matheron & Juan Rubio-Ramirez & Edouard Challe & Xavier Ragot, 2014. "Precautionary Saving and Aggregate Demand," 2014 Meeting Papers 1021, Society for Economic Dynamics.
    37. Greg Kaplan & Benjamin Moll & Giovanni Violante, 2020. "The Great Lockdown and the Big Stimulus: Tracing the Pandemic Possibility Frontier for the U.S," Working Papers 2020-119, Becker Friedman Institute for Research In Economics.
    38. Cumming, Fergus & Hubert, Paul, 2022. "House prices, the distribution of household debt and the refinancing channel of monetary policy," Economics Letters, Elsevier, vol. 212(C).
    39. Neri, Andrea & Rondinelli, Concetta & Scoccianti, Filippo, 2017. "Household spending out of a tax rebate: Italian “€80 tax bonus”," Working Paper Series 2099, European Central Bank.
    40. J. E. Boscá & R. Doménech & J. Ferri & R. Méndez & J. F. Rubio-Ramírez, 2018. "Financial and Fiscal Shocks in the Great Recession and Recovery of the Spanish Economy," Working Papers 2018-05, FEDEA.
    41. Veronica Guerrieri & Joseph Vavra & Guido Lorenzoni & David Berger, 2015. "House Prices and Consumer Spending," 2015 Meeting Papers 186, Society for Economic Dynamics.
    42. Bilbiie, Florin & Primiceri, Giorgio & Tambalotti, Andrea, 2023. "Inequality and Business Cycles," CEPR Discussion Papers 18344, C.E.P.R. Discussion Papers.
    43. Dossche, Maarten & Kolndrekaj, Aleksandra & Propst, Maximilian & Ramos Perez, Javier & Slacalek, Jiri & Vegh, Marton, 2024. "Immigration and the distribution of income, consumption and wealth in the euro area: Implications for economic policies," Journal of Policy Modeling, Elsevier, vol. 46(5), pages 867-886.
    44. Serdar Ozkan & Kurt Mitman & Fatih Karahan & Aaron Hedlund, 2017. "Monetary Policy, Heterogeneity, and the Housing Channel," 2017 Meeting Papers 1610, Society for Economic Dynamics.
    45. David Loschiavo & Federico Tullio & Antonietta di Salvatore, 2025. "Measuring Households' Financial Fragilities: An analysis at the intersection of income, financial wealth, and debt," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 71(1), February.
    46. J. Andrés & J. E. Boscá & J. Ferri, 2015. "Household Debt and Fiscal Multipliers," Economica, London School of Economics and Political Science, vol. 82, pages 1048-1081, December.
    47. Ricardo Reis & Alisdair McKay, 2015. "Optimal Automatic Stabilizers," 2015 Meeting Papers 608, Society for Economic Dynamics.
    48. Scott Fulford & Joanna Stavins, 2022. "Does getting a mortgage affect consumer credit use?," Review of Economics of the Household, Springer, vol. 20(3), pages 955-991, September.
    49. G. C. Lim & Sarantis Tsiaplias, 2019. "Household income requirements and financial conditions," Empirical Economics, Springer, vol. 57(5), pages 1705-1730, November.
    50. Takeshi Kato & Yoshinori Hiroi, 2021. "Wealth disparities and economic flow: Assessment using an asset exchange model with the surplus stock of the wealthy," PLOS ONE, Public Library of Science, vol. 16(11), pages 1-16, November.
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    194. Charalambakis, Evangelos & Teppa, Federica & Tsiortas, Athanasios, 2024. "Consumer participation in the credit market during the COVID-19 pandemic and beyond," Working Paper Series 2922, European Central Bank.
    195. Corina Boar & Denis Gorea & Virgiliu Midrigan, 2017. "Liquidity Constraints in the U.S. Housing Market," NBER Working Papers 23345, National Bureau of Economic Research, Inc.
    196. James Cloyne & Clodomiro Ferreira & Paolo Surico, 2020. "Monetary Policy when Households have Debt: New Evidence on the Transmission Mechanism," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 87(1), pages 102-129.
    197. Roman Sustek, 2021. "Yield curve and the business cycle in conventional times," Discussion Papers 2122, Centre for Macroeconomics (CFM).
    198. Kimberly A. Berg & Chadwick C. Curtis & Steven Lugauer & Nelson C. Mark, 2019. "Demographics and Monetary Policy Shocks," NBER Working Papers 25970, National Bureau of Economic Research, Inc.
    199. David B. Cashin & Jamie Lenney & Byron F. Lutz & William B. Peterman, 2017. "Fiscal Policy and Aggregate Demand in the U.S. Before, During and Following the Great Recession," Finance and Economics Discussion Series 2017-061, Board of Governors of the Federal Reserve System (U.S.).
    200. Qiuyi Yang & Youze Lang & Changsheng Xu, 2018. "Is the High Interest Rate Combined with Intense Deleveraging Campaign Desirable? A Collateral Mechanism under Stringent Credit Constraints," Sustainability, MDPI, vol. 10(12), pages 1-22, December.
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    202. Johannes Fleck & Chima Simpson-Bell, 2019. "Public Insurance in Heterogeneous Fiscal Federations: Evidence from American Households," 2019 Meeting Papers 296, Society for Economic Dynamics.
    203. Jonathan D. Fisher & David S. Johnson, 2020. "Inequality and Mobility over the Past Half-Century Using Income, Consumption, and Wealth," NBER Chapters, in: Measuring Distribution and Mobility of Income and Wealth, pages 437-455, National Bureau of Economic Research, Inc.
    204. Arna Olafsson & Michaela Pagel, 2018. "The Liquid Hand-to-Mouth: Evidence from Personal Finance Management Software," The Review of Financial Studies, Society for Financial Studies, vol. 31(11), pages 4398-4446.
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    210. 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.
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    217. Mario Giarda, 2023. "Government Purchases, the Labor Earnings Gap, andConsumption Dynamics," Working Papers Central Bank of Chile 972, Central Bank of Chile.
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    239. Tao Wang, 2023. "Perceived versus Calibrated Income Risks in Heterogeneous-Agent Consumption Models," Staff Working Papers 23-59, Bank of Canada.
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    247. Bartal, Mehdi & Becard, Yvan, 2024. "Consumption tax cuts vs stimulus payments," Journal of Public Economics, Elsevier, vol. 239(C).
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    250. Thomas Crossley & Hamish Low & Sarah Smith, 2011. "Do consumers gamble to convexify?," IFS Working Papers W11/07, Institute for Fiscal Studies.
    251. Jorge Mori Mojalott, 2021. "Feminicidios en Perú. ¿Son algunos departamentos intrínsecamente más peligrosos para las mujeres?," Revista de Análisis Económico y Financiero, Universidad de San Martín de Porres, vol. 4(01), pages 19-24.
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    253. Cosmin L. Ilut & Rosen Valchev, 2020. "Economic Agents as Imperfect Problem Solvers," NBER Working Papers 27820, National Bureau of Economic Research, Inc.
    254. Andreas Tryphonides, 2019. "Qualitative Surveys And Margins Of Adjustment In Heterogeneous Agent Economies," 2019 Meeting Papers 1415, Society for Economic Dynamics.
    255. McCloud, Nadine, 2024. "What has inflation targeting done for household consumption?," International Review of Financial Analysis, Elsevier, vol. 95(PC).
    256. Francesco Caprioli & Marzia Romanelli & Pietro Tommasino, 2020. "Discretionary fiscal policy in the Euro area: Past, present and future," ECONOMIA PUBBLICA, FrancoAngeli Editore, vol. 2020(1), pages 55-85.
    257. Lehmann-Hasemeyer, Sibylle H. & Neumayer, Andreas & Streb, Jochen, 2022. "Heterogeneous savers and their inflation expectation during German industrialization: Social class, wealth, and gender," Working Papers 33, German Research Foundation's Priority Programme 1859 "Experience and Expectation. Historical Foundations of Economic Behaviour", Humboldt University Berlin.
    258. Karolis Bielskis & Andrius Ciginas, 2020. "Household Wealth and Finances. Results for Households in Lithuania for 2017," Bank of Lithuania Discussion Paper Series 19, Bank of Lithuania.
    259. Bernard, René, 2022. "Mental Accounting and the Marginal Propensity to Consume," VfS Annual Conference 2022 (Basel): Big Data in Economics 264186, Verein für Socialpolitik / German Economic Association.
    260. Bunn, Philip & Haldane, Andrew & Pugh, Alice, 2020. "Has monetary policy made you happier?," Bank of England working papers 880, Bank of England.
    261. Cavallari, Lilia, 2020. "Monetary policy and consumers' demand," Economic Modelling, Elsevier, vol. 92(C), pages 23-36.
    262. Bilbiie, Florin O. & Känzig, Diego R. & Surico, Paolo, 2022. "Capital and income inequality: An aggregate-demand complementarity," Journal of Monetary Economics, Elsevier, vol. 126(C), pages 154-169.
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    264. Orlando Gomes, 2020. "Optimal growth under socially responsible investment: a dynamic theoretical model of the trade-off between financial gains and emotional rewards," International Journal of Corporate Social Responsibility, Springer, vol. 5(1), pages 1-17, December.
    265. Yongseung Jung, 2022. "Inspecting Business Cycles in Korea through the Lens of the TANK Model," Korean Economic Review, Korean Economic Association, vol. 38, pages 109-139.
    266. Nuno Alves & Fátima Cardoso & Nuno Monteiro, 2020. "A characterization of income and consumption inequality in Portugal," Economic Bulletin and Financial Stability Report Articles and Banco de Portugal Economic Studies, Banco de Portugal, Economics and Research Department.
    267. Adam Pigoń, 2022. "A Simple Model of Educated Hand-to-Mouth Consumers," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 2, pages 20-43.
    268. Chen, Sihao & Devereux, Michael B. & Shi, Kang & Xu, Juanyi, 2023. "Consumption heterogeneity and monetary policy in an open economy," Journal of Monetary Economics, Elsevier, vol. 140(C), pages 1-15.
    269. Yicheng Wang, 2015. "Can Wage Dynamics in Long-term Employment Relationships Help Mitigate Financial Shocks?," 2015 Meeting Papers 1189, Society for Economic Dynamics.
    270. Bilbiie, Florin O., 2020. "The New Keynesian cross," Journal of Monetary Economics, Elsevier, vol. 114(C), pages 90-108.
    271. Bernard, René, 2023. "Mental accounting and the marginal propensity to consume," Discussion Papers 13/2023, Deutsche Bundesbank.
    272. 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).
    273. Christina Patterson, 2022. "The Matching Multiplier and the Amplification of Recessions," Working Papers 22-20, Center for Economic Studies, U.S. Census Bureau.
    274. Renzhi, Nuobu, 2023. "Household net saving positions and unconventional monetary policy transmission: Evidence from Japan," Pacific-Basin Finance Journal, Elsevier, vol. 79(C).
    275. Luigi Guiso & Tullio Jappelli, 2024. "Anatomy of Consumption Risk," CSEF Working Papers 732, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
    276. Andreas Tryphonides, 2020. "Identifying Preferences when Households are Financially Constrained," Papers 2005.02010, arXiv.org, revised Feb 2023.
    277. Dossche, Maarten & Kolndrekaj, Aleksandra & Propst, Maximilian & Ramos Perez, Javier & Slacalek, Jiri, 2022. "Immigrants and the distribution of income and wealth in the euro area: first facts and implications for monetary policy," Working Paper Series 2719, European Central Bank.
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  30. Greg Kaplan, 2014. "Business Cycles and Household Formation," 2014 Meeting Papers 82, Society for Economic Dynamics.

    Cited by:

    1. Marianne Bitler & Hilary Hoynes, 2015. "Living Arrangements, Doubling Up, and the Great Recession: Was This Time Different?," American Economic Review, American Economic Association, vol. 105(5), pages 166-170, May.

  31. Fatih Guvenen & Greg Kaplan & Jae Song, 2014. "The Glass Ceiling and the Paper Floor: Gender Differences among Top Earners, 1981–2012," Working Papers 716, Federal Reserve Bank of Minneapolis.

    Cited by:

    1. Wolfgang Keller & William W. Olney, 2017. "Globalization and Executive Compensation," Department of Economics Working Papers 2017-04, Department of Economics, Williams College, revised Feb 2018.
    2. Doepke, Matthias & Tertilt, Michèle, 2016. "Families in Macroeconomics," IZA Discussion Papers 9802, Institute of Labor Economics (IZA).
    3. Anthony B. Atkinson & Alessandra Casarico & Sarah Voitchovsky, 2018. "Top incomes and the gender divide," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 16(2), pages 225-256, June.
    4. Jae Song & David J. Price & Fatih Guvenen & Nicholas Bloom & Till von Wachter, 2015. "Firming Up Inequality," NBER Working Papers 21199, National Bureau of Economic Research, Inc.
    5. Roman Bobilev & Anne Boschini & Jesper Roine, 2020. "Women in the Top of the Income Distribution: What Can We Learn From LIS-Data?," Italian Economic Journal: A Continuation of Rivista Italiana degli Economisti and Giornale degli Economisti, Springer;Società Italiana degli Economisti (Italian Economic Association), vol. 6(1), pages 63-107, March.
    6. Luetticke, Ralph, 2018. "Transmission of monetary policy with heterogeneity in household portfolios," LSE Research Online Documents on Economics 90377, London School of Economics and Political Science, LSE Library.
    7. Thomas Piketty & Emmanuel Saez & Gabriel Zucman, 2017. "Distributional National Accounts: Methods and Estimates for the United States," Working Papers halshs-02784725, HAL.
    8. Das,Jishnu & Joubert,Clement Jean Edouard, 2020. "Women in the Pipeline : A Dynamic Decomposition of Firm Pay Gaps," Policy Research Working Paper Series 9295, The World Bank.
    9. Popov, Alexander & Zaharia, Sonia, 2019. "Credit market competition and the gender gap in labor force participation: Evidence from local markets," European Economic Review, Elsevier, vol. 115(C), pages 25-59.
    10. Fortin, Nicole M. & Bell, Brian & Böhm, Michael Johannes, 2017. "Top Earnings Inequality and the Gender Pay Gap: Canada, Sweden and the United Kingdom," IZA Discussion Papers 10829, Institute of Labor Economics (IZA).
    11. Bailey, Martha J. & Byker, Tanya & Patel, Elena & Ramnath, Shanthi, 2019. "The Long-Term Effects of California’s 2004 Paid Family Leave Act on Women’s Careers: Evidence from U.S. Tax Data," CEPR Discussion Papers 14217, C.E.P.R. Discussion Papers.
    12. Jack Britton & Neil Shephard & Anna Vignoles, 2015. "Comparing sample survey measures of English earnings of graduates with administrative data during the Great Recession," IFS Working Papers W15/28, Institute for Fiscal Studies.
    13. Boschini, Anne & Gunnarsson, Kristin & Roine, Jesper, 2018. "Women in Top Incomes – Evidence from Sweden 1974-2013," Working Paper Series 2018:3, Uppsala University, Department of Economics.
    14. Oliver Denk, 2015. "Who are the top 1% earners in Europe?," OECD Economics Department Working Papers 1274, OECD Publishing.
    15. Niels-Jakob Harbo, Hansen & Karl, Harmenberg & Erik, Öberg & Hans-Henrik, Sievertsen, 2019. "On Using Pareto Distributions for Measuring Top-Income Gender Disparities," Working Papers 9-2019, Copenhagen Business School, Department of Economics.
    16. Fabian Kindermann & Dirk Krueger, 2022. "High Marginal Tax Rates on the Top 1 Percent? Lessons from a Life-Cycle Model with Idiosyncratic Income Risk," American Economic Journal: Macroeconomics, American Economic Association, vol. 14(2), pages 319-366, April.
    17. Tom Phelan, 2019. "The Optimal Taxation of Business Owners," Working Papers 19-26R, Federal Reserve Bank of Cleveland, revised 28 May 2021.
    18. Fatih Karahan & Serdar Ozkan & Jae Song, 2019. "Anatomy of Lifetime Earnings Inequality: Heterogeneity in Job Ladder Risk vs. Human Capital," Staff Reports 908, Federal Reserve Bank of New York.
    19. Terhi Ravaska, 2018. "Top incomes and income dynamics from a gender perspective: Evidence from Finland 1995-2012," Working Papers 469, ECINEQ, Society for the Study of Economic Inequality.
    20. Martha J. Bailey & Tanya S. Byker & Elena Patel & Shanthi Ramnath, 2019. "The Long-Run Effects of California’s Paid Family Leave Act on Women’s Careers and Childbearing: New Evidence from a Regression Discontinuity Design and U.S. Tax Data," NBER Working Papers 26416, National Bureau of Economic Research, Inc.
    21. Bayer, Christian & Kuhn, Moritz, 2023. "Job Levels and Wages," IZA Discussion Papers 16177, Institute of Labor Economics (IZA).
    22. Ian Gregory‐Smith, 2018. "Positive Action Towards Gender Equality: Evidence from the Athena SWAN Charter in UK Medical Schools," British Journal of Industrial Relations, London School of Economics, vol. 56(3), pages 463-483, September.
    23. Ian Gregory-Smith, 2015. "The impact of Athena SWAN in UK medical schools," Working Papers 2015010, The University of Sheffield, Department of Economics.
    24. Fatih Guvenen & Greg Kaplan, 2017. "Top Income Inequality in the 21st Century: Some Cautionary Notes," Quarterly Review, Federal Reserve Bank of Minneapolis, issue October, pages 2-15.
    25. Gabaix, Xavier & Moll, Benjamin & Lasry, Jean-Michel & Lions, Pierre-Louis, 2015. "The Dynamics of Inequality," CEPR Discussion Papers 11028, C.E.P.R. Discussion Papers.
    26. Boschini, Anne & Gunnarsson, Kristin & Roine, Jesper, 2020. "Women in top incomes – Evidence from Sweden 1971–2017," Journal of Public Economics, Elsevier, vol. 181(C).
    27. Terhi Ravaska, 2018. "Top incomes and income dynamics from a gender perspective: Evidence from Finland 1995–2012," Working Papers 321, Työn ja talouden tutkimus LABORE, The Labour Institute for Economic Research LABORE.
    28. Michela Braga & Francesco Scervini, 2015. "The performance of politicians. The effect of gender quotas," Working papers 35, Società Italiana di Economia Pubblica.
    29. Alessandra Casarico & Salvatore Lattanzio, 2024. "What Firms Do: Gender Inequality in Linked Employer-Employee Data," Journal of Labor Economics, University of Chicago Press, vol. 42(2), pages 325-355.
    30. Glaubitz, Rick & Harnack-Eber, Astrid & Wetter, Miriam, 2022. "The gender gap in lifetime earnings: The role of parenthood," Discussion Papers 2022/3, Free University Berlin, School of Business & Economics.
    31. Isabel Z. Martínez, 2021. "Evidence from Unique Swiss Tax Data on the Composition and Joint Distribution of Income and Wealth," NBER Chapters, in: Measuring Distribution and Mobility of Income and Wealth, pages 105-142, National Bureau of Economic Research, Inc.
    32. Rick Glaubitz & Astrid Harnack-Eber & Miriam Wetter, 2022. "The Gender Gap in Lifetime Earnings: The Role of Parenthood," Discussion Papers of DIW Berlin 2001, DIW Berlin, German Institute for Economic Research.
    33. Benny, Liza & Bhalotra, Sonia & Fernández, Manuel, 2021. "Occupation flexibility and the graduate gender wage gap in the UK," ISER Working Paper Series 2021-05, Institute for Social and Economic Research.
    34. Katherine Lim, 2019. "Do American mothers use self-employment as a flexible work alternative?," Review of Economics of the Household, Springer, vol. 17(3), pages 805-842, September.
    35. Lusi Liao & Sasiwimon W. Paweenawat, 2020. "A Glass Ceiling? Gender Inequality of Top Earners in Thailand," Economics Bulletin, AccessEcon, vol. 40(1), pages 500-515.
    36. Ravaska Terhi, 2018. "Top incomes and income dynamics from a gender perspective : Evidence from Finland 1995-2012," Working Papers 1822, Tampere University, Faculty of Management and Business, Economics.

  32. Guido Menzio & Greg Kaplan, 2013. "Five Facts About Price Dispersion," 2013 Meeting Papers 995, Society for Economic Dynamics.

    Cited by:

    1. Nicholas Li, 2014. "Sticker Shock: The Causes of the Canada-US Price Differential," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 409, May.
    2. Luigi Paciello & Andrea Pozzi & Nicholas Trachter, 2019. "Price Dynamics With Customer Markets," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 60(1), pages 413-446, February.
    3. Benjamin Eden, 2014. "Price dispersion and demand uncertainty: Evidence from US scanner data," Vanderbilt University Department of Economics Working Papers 14-00011, Vanderbilt University Department of Economics.
    4. Allen Tran, 2014. "The Aggregate Impact Of Online Retail," Working Papers 14-23, Center for Economic Studies, U.S. Census Bureau.
    5. Nicholas Trachter & Andrea Pozzi & Luigi Paciello, 2014. "Markups Dynamics with Customer Markets," 2014 Meeting Papers 39, Society for Economic Dynamics.

  33. Greg Kaplan & Guido Menzio, 2013. "Shopping Externalities and Self-Fulfilling Unemployment Fluctuations," NBER Working Papers 18777, National Bureau of Economic Research, Inc.

    Cited by:

    1. Nicolas Petrosky-Nadeau & Etienne Wasmer & Shutian Zeng, 2014. "Shopping Time," Working Papers hal-03460207, HAL.
    2. Emmanuel Saez & Pascal Michaillat, 2013. "A Theory of Aggregate Supply and Aggregate Demand as Functions of Market Tightness with Prices as Parameters," 2013 Meeting Papers 1216, Society for Economic Dynamics.
    3. Gregory, Victoria & Menzio, Guido & Wiczer, David, 2025. "The alpha beta gamma of the labor market," Journal of Monetary Economics, Elsevier, vol. 150(C).
    4. Demetris Koursaros & Nektarios Michail & Niki Papadopoulou & Christos Savva, 2023. "Sales and promotions and the great recession deflation," Empirical Economics, Springer, vol. 64(1), pages 349-392, January.
    5. Jen Baggs & Beverly Lapham & Loretta Fung, 2015. "Exchange Rates, Cross-border Travel, And Retailers: Theory And Empirics," Working Paper 1351, Economics Department, Queen's University.
    6. Robert E. Hall, 2016. "Macroeconomics of Persistent Slumps," NBER Working Papers 22230, National Bureau of Economic Research, Inc.
    7. Fernández-Villaverde, Jesús & Mandelman, Federico & Zanetti, Francesco & Yu, Yang, 2021. "The ``Matthew Effect'' and Market Concentration: Search Complementarities and Monopsony Power," CEPR Discussion Papers 15788, C.E.P.R. Discussion Papers.
    8. Aviv Nevo & Arlene Wong, 2015. "The Elasticity of Substitution Between Time and Market Goods: Evidence from the Great Recession," NBER Working Papers 21318, National Bureau of Economic Research, Inc.
    9. Luigi Paciello & Andrea Pozzi & Nicholas Trachter, 2019. "Price Dynamics With Customer Markets," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 60(1), pages 413-446, February.
    10. Paul Beaudry & Dana Galizia & Franck Portier, 2018. "Reconciling Hayek’s and Keynes’ Views of Recessions," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 85(1), pages 119-156.
    11. Mikhail Golosov & Guido Menzio, 2015. "Agency Business Cycles," PIER Working Paper Archive 15-038, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 01 Nov 2015.
    12. Roberto Bonilla & Francis Kiraly & John Wildman, 2019. "Beauty Premium And Marriage Premium In Search Equilibrium: Theory And Empirical Test," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 60(2), pages 851-877, May.
    13. Sniekers, F., 2014. "Persistence and volatility of Beveridge cycles," CeNDEF Working Papers 14-11, Universiteit van Amsterdam, Center for Nonlinear Dynamics in Economics and Finance.
    14. Jesus Fernandez-Villaverde & Francesco Zanetti & Federico Mandelman & Yang Yu, 2019. "Search Complementarities, Aggregate Fluctuations, and Fiscal Policy," Economics Series Working Papers 880, University of Oxford, Department of Economics.
    15. Rachel Griffith & Rodrigo Lluberas & Melanie Lührmann, 2016. "Gluttony And Sloth? Calories, Labor Market Activity And The Rise Of Obesity," Journal of the European Economic Association, European Economic Association, vol. 14(6), pages 1253-1286, December.
    16. Mitman, Kurt & Krueger, Dirk & Perri, Fabrizio, 2016. "Macroeconomics and Household Heterogeneity," CEPR Discussion Papers 11308, C.E.P.R. Discussion Papers.
    17. Griffith, Rachel & O'Connell, Martin & Smith, Kate, 2014. "Shopping around? How households adjusted food spending over the Great Recession," CEPR Discussion Papers 10096, C.E.P.R. Discussion Papers.
    18. Thomas Brzustowski & Nicolas Petrosky-Nadeau & Etienne Wasmer, 2015. "Disentangling goods, labor, and credit market frictions in three European economies," Working Paper Series 2015-22, Federal Reserve Bank of San Francisco.
    19. Rafael R. Guthmann, 2024. "Price dispersion in dynamic competition," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 78(4), pages 1203-1232, December.
    20. Zhen Huo & Jose-Victor Rios-Rull, 2015. "Tightening Financial Frictions on Households, Recessions, and Price Reallocations," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 18(1), pages 118-139, January.
    21. Niklas Engbom, 2019. "Application Cycles," 2019 Meeting Papers 1170, Society for Economic Dynamics.
    22. Pawel Borys & Pawel Doligalski & Pawel Kopiec, 2021. "The Quantitative Importance of Technology and Demand Shocks for Unemployment Fluctuations in a Shopping Economy," Bristol Economics Discussion Papers 21/743, School of Economics, University of Bristol, UK.
    23. Scott R. Baker & Stephanie Johnson & Lorenz Kueng, 2020. "Financial Returns to Household Inventory Management," Swiss Finance Institute Research Paper Series 20-70, Swiss Finance Institute.
    24. Yavuz Arslan & Bulent Guler & Temel Taskin, 2020. "Price search, consumption inequality, and expenditure inequality over the life-cycle," BIS Working Papers 886, Bank for International Settlements.
    25. Nir Jaimovich & Sergio Rebelo & Arlene Wong, 2015. "Trading down and the business cycle," FRB Atlanta CQER Working Paper 2015-5, Federal Reserve Bank of Atlanta.
    26. Sandro Shelegia & Chris M. Wilson, 2016. "A generalized model of sales," Economics Working Papers 1541, Department of Economics and Business, Universitat Pompeu Fabra.
    27. Pascal Michaillat & Emmanuel Saez, 2014. "Aggregate Demand, Idle Time, and Unemployment," Discussion Papers 1419, Centre for Macroeconomics (CFM).
    28. Chao Gu & Guido Menzio & Randall Wright & Yu Zhu, 2020. "Toxic Assets and Market Freezes," Working Papers 2001, Department of Economics, University of Missouri.
    29. J. Carter Braxton & Kyle F. Herkenhoff & Jonathan L. Rothbaum & Lawrence Schmidt, 2021. "Changing Income Risk across the US Skill Distribution: Evidence from a Generalized Kalman Filter," NBER Working Papers 29567, National Bureau of Economic Research, Inc.
    30. Alvaro Janez, 2025. "Means-Tested Programs and Interstate Migration in the United States," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 55, January.
    31. Martin Gervais & Nir Jaimovich & Henry E. Siu & Yaniv Yedid-Levi, 2013. "Technological Learning and Labor Market Dynamics," NBER Working Papers 19767, National Bureau of Economic Research, Inc.
    32. Guido Menzio & Nicholas Trachter, 2015. "Equilibrium Price Dispersion Across and Within Stores," PIER Working Paper Archive 15-003, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    33. Fabrizio Perri & Jonathan Heathcote, 2013. "Wealth and Volatility," 2013 Meeting Papers 385, Society for Economic Dynamics.
    34. Greg Kaplan & Guido Menzio, 2015. "The Morphology Of Price Dispersion," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 56(4), pages 1165-1206, November.
    35. Abad, Nicolas & Lloyd-Braga, Teresa & Modesto, Leonor, 2020. "The failure of stabilization policy: Balanced-budget fiscal rules in the presence of incompressible public expenditures," Journal of Economic Dynamics and Control, Elsevier, vol. 120(C).
    36. Pascal Michaillat & Emmanuel Saez, 2013. "A Model of Aggregate Demand and Unemployment," CEP Discussion Papers dp1235, Centre for Economic Performance, LSE.
    37. Jess Benhabib & Mark M. Spiegel, 2016. "Sentiments and Economic Activity: Evidence from U.S. States," Working Paper Series 2016-19, Federal Reserve Bank of San Francisco.
    38. Kyle Herkenhoff & Gordon Phillips & Ethan Cohen-Cole, 2016. "How Credit Constraints Impact Job Finding Rates, Sorting & Aggregate Output," NBER Working Papers 22274, National Bureau of Economic Research, Inc.
    39. Johannes Ströbel & Joseph Vavra, 2015. "House Prices, Local Demand, and Retail Prices," CESifo Working Paper Series 5607, CESifo.
    40. Benoît Julien & Sephorah Mangin, 2016. "Efficiency in Search and Matching Models: A Generalized Hosios Condition," Monash Economics Working Papers 28-16, Monash University, Department of Economics.
    41. Morten O. Ravn & Vincent Sterk, 2016. "Macroeconomic Fluctuations with HANK & SAM: An Analytical Approach," Discussion Papers 1633, Centre for Macroeconomics (CFM).
    42. Kaas, Leo & Kimasa, Bihemo, 2018. "Firm Dynamics with Frictional Product and Labor Markets," IZA Discussion Papers 11745, Institute of Labor Economics (IZA).
    43. Greg Kaplan & Guido Menzio & Leena Rudanko & Nicholas Trachter, 2016. "Relative price dispersion: evidence and theory," Working Papers 16-6, Federal Reserve Bank of Philadelphia.
    44. Huo, Zhen, 2016. "Financial Frictions, Asset Prices, and the Great Recession," CEPR Discussion Papers 11544, C.E.P.R. Discussion Papers.
    45. Kopiec, Paweł, 2022. "The government spending multiplier in the Heterogeneous Agent New Keynesian model," European Economic Review, Elsevier, vol. 145(C).
    46. Nicolas Petrosky-Nadeau & Etienne Wasmer, 2016. "The efficiency of surplus sharing," 2016 Meeting Papers 1318, Society for Economic Dynamics.
    47. Roberto Bonilla & Francis Z. Kiraly & John Wildman, 2017. "Marriage Premium and Class," CESifo Working Paper Series 6550, CESifo.
    48. Menzio, Guido, 2024. "Search theory of imperfect competition with decreasing returns to scale," Journal of Economic Theory, Elsevier, vol. 218(C).
    49. Dudley Cooke, 2014. "Pricing-to-market and optimal interest rate policy," Globalization Institute Working Papers 187, Federal Reserve Bank of Dallas.
    50. Miguel Ampudia & Michael Ehrmann & Georg Strasser, 2023. "The effect of monetary policy on inflation heterogeneity along the income distribution," BIS Working Papers 1124, Bank for International Settlements.
    51. Dudley Cooke, 2019. "Consumer Search, Incomplete Exchange Rate Pass‐Through, and Optimal Interest Rate Policy," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 51(2-3), pages 455-484, March.
    52. Raphael Auer & Ariel Burstein & Sarah Lein & Jonathan Vogel & Raphael A. Auer & Sarah Marit Lein & Jonathan E. Vogel, 2023. "Unequal Expenditure Switching: Evidence from Switzerland," CESifo Working Paper Series 10810, CESifo.
    53. Maryam Farboodi & Gregor Jarosch & Guido Menzio, 2016. "Intermediation as Rent Extraction," PIER Working Paper Archive 16-026, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 01 Dec 2016.
    54. Roldan-Blanco, Pau & Gilbukh, Sonia, 2021. "Firm dynamics and pricing under customer capital accumulation," Journal of Monetary Economics, Elsevier, vol. 118(C), pages 99-119.
    55. Christopher Huckfeldt, 2018. "Understanding the Scarring Effect of Recessions," 2018 Meeting Papers 1207, Society for Economic Dynamics.
    56. Greg Kaplan & Guido Menzio, 2013. "The Research Agenda: Greg Kaplan and Guido Menzio on the Macroeconomics of Bargain Hunting," EconomicDynamics Newsletter, Review of Economic Dynamics, vol. 14(2), November.
    57. Portier, Franck & Beaudry, Paul & Galizia, Dana, 2015. "Reviving the Limit Cycle View of Macroeconomic Fluctuations," CEPR Discussion Papers 10645, C.E.P.R. Discussion Papers.
    58. Noriko Amano, 2018. "Nutrition Inequality: The Role of Prices, Income, and Preferences," 2018 Meeting Papers 453, Society for Economic Dynamics.
    59. Ashwin, Julian & Beaudry, Paul & Ellison, Martin, 2025. "Neural network learning for nonlinear economies," Journal of Monetary Economics, Elsevier, vol. 149(C).
    60. Jan Eeckhout & Ilse Lindenlaub, 2019. "Unemployment Cycles," American Economic Journal: Macroeconomics, American Economic Association, vol. 11(4), pages 175-234, October.
    61. Potter, Tristan, 2024. "Destabilizing search technology," Journal of Monetary Economics, Elsevier, vol. 145(C).
    62. Dirk Krueger & Kurt Mitman & Fabrizio Perri, 2016. "On the Distribution of the Welfare Losses of Large Recessions," Staff Report 532, Federal Reserve Bank of Minneapolis.
    63. Suwanprasert Wisarut, 2019. "Endogenous Markup, Per Capita Income and Population Size in the Gravity Equation," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 19(2), pages 1-16, June.
    64. Zhen Huo & José-Víctor Ríos-Rull, 2013. "Paradox of thrift recessions," Staff Report 490, Federal Reserve Bank of Minneapolis.
    65. Alberto Cavallo & Brent Neiman & Roberto Rigobon, 2014. "Currency Unions, Product Introductions, and the Real Exchange Rate," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 129(2), pages 529-595.
    66. Den Haan, Wouter, 2013. "Inventories and the Role of Goods-Market Frictions for Business Cycles," CEPR Discussion Papers 9628, C.E.P.R. Discussion Papers.
    67. Burdett, Kenneth & Trejos, Alberto & Wright, Randall, 2017. "A new suggestion for simplifying the theory of money," Journal of Economic Theory, Elsevier, vol. 172(C), pages 423-450.
    68. Zhen Huo & Jose-Victor Rios-Rull, 2020. "Demand Induced Fluctuations," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 37, pages 99-117, August.
    69. Paolo Martellini & Guido Menzio & Ludo Visschers, 2021. "Revisiting the Hypothesis of High Discounts and High Unemployment," The Economic Journal, Royal Economic Society, vol. 131(637), pages 2203-2232.
    70. Eser, Fabian & Lane, Philip & Moretti, Laura & Osbat, Chiara & Karadi, Peter, 2020. "The Phillips Curve at the ECB," VfS Annual Conference 2020 (Virtual Conference): Gender Economics 224627, Verein für Socialpolitik / German Economic Association.
    71. Schaal, Edouard & Taschereau-Dumouchel, Mathieu, 2021. "Herding Through Booms and Busts," CEPR Discussion Papers 16368, C.E.P.R. Discussion Papers.
    72. Liang Wang & Randall Wright & Lucy Qian Liu, 2020. "Sticky Prices and Costly Credit," Working Papers 202001, University of Hawaii at Manoa, Department of Economics.
    73. Elton Dusha & Alexandre Janiak, 2018. "On the dynamics of asset prices and liquidity: the role of search frictions and idiosyncratic shocks," 2018 Meeting Papers 524, Society for Economic Dynamics.
    74. Claudio Michelacci & Luigi Paciello & Andrea Pozzi, 2019. "The Extensive Margin of Aggregate Consumption Demand," EIEF Working Papers Series 1906, Einaudi Institute for Economics and Finance (EIEF), revised Apr 2019.
    75. Yashar Blouri, Maximilian von Ehrlich, 2017. "On the optimal design of place-based policies: A structural evaluation of EU regional transfers," Diskussionsschriften credresearchpaper17, Universitaet Bern, Departement Volkswirtschaft - CRED.
    76. Buera, Francisco & Hopenhayn, Hugo & Shin, Yongseok & Trachter, Nicholas, 2021. "Big Push in Distorted Economies," CEPR Discussion Papers 15910, C.E.P.R. Discussion Papers.
    77. Yan Ji & Songyuan Teng & Robert Townsend, 2021. "Dynamic Bank Expansion: Spatial Growth, Financial Access, and Inequality," NBER Working Papers 28582, National Bureau of Economic Research, Inc.
    78. Greg Kaplan & Piotr Zoch, 2022. "Markups, labor market inequality and the nature of work," GRAPE Working Papers 65, GRAPE Group for Research in Applied Economics.
    79. Ed Nosal & Yuet-Yee Wong & Randall Wright, 2019. "Intermediation in Markets for Goods and Markets for Assets," FRB Atlanta Working Paper 2019-5, Federal Reserve Bank of Atlanta.
    80. Vincent Sterk, 2016. "The Dark Corners of the Labor Market," Discussion Papers 1603, Centre for Macroeconomics (CFM).
    81. Dale Mortensen, 2011. "Comments on Hall's "Clashing Theories of Unemployment"," Online Appendices 14-322, Review of Economic Dynamics.
    82. Sterk, Vincent, 2016. "The dark corners of the labor market," LSE Research Online Documents on Economics 86244, London School of Economics and Political Science, LSE Library.
    83. Danny Yagan, 2019. "Employment Hysteresis from the Great Recession," Journal of Political Economy, University of Chicago Press, vol. 127(5), pages 2505-2558.
    84. Denderski, Piotr & Sniekers, Florian, 2021. "Declining Search Frictions and Type-of-Employment Choice," Discussion Paper 2021-010, Tilburg University, Center for Economic Research.
    85. Ampudia, Miguel & Ehrmann, Michael & Strasser, Georg, 2024. "Shopping behavior and the effect of monetary policy on inflation heterogeneity along the income distribution," Journal of Monetary Economics, Elsevier, vol. 148(C).
    86. Alberto Cavallo & Brent Neiman & Roberto Rigobon, 2014. "The Price Impact of Joining a Currency Union: Evidence from Latvia," NBER Working Papers 20225, National Bureau of Economic Research, Inc.
    87. Mathieu Taschereau-Dumouchel & Edouard Schaal & Pablo Fajgelbaum, 2013. "Uncertainty Traps," 2013 Meeting Papers 677, Society for Economic Dynamics.
    88. Chi-Young Choi & Soojin Jo, 2020. "How Do Housing Markets Affect Local Consumer Prices? – Evidence from U.S. Cities," Globalization Institute Working Papers 398, Federal Reserve Bank of Dallas.
    89. Wouter Den Haan, 2014. "Inventories and the Role of Goods-Market Frictions for Business Cycles," Discussion Papers 1402, Centre for Macroeconomics (CFM).
    90. P. Clerc, 2015. "Credible Wage Bargaining and the Joint Dynamics of Unemployment and Inflation," Working papers 568, Banque de France.
    91. Paolo Martellini & Guido Menzio, 2018. "Declining Search Frictions, Unemployment and Growth," PIER Working Paper Archive 18-005, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 09 Apr 2018.
    92. Corsetti, Giancarlo & Brendon, Charles, 2016. "COEURE Survey: Fiscal and Monetary Policies after the Crises," CEPR Discussion Papers 11088, C.E.P.R. Discussion Papers.
    93. Andres Drenik, 2017. "Pricing in Multiple Currencies in Domestic Markets," 2017 Meeting Papers 1418, Society for Economic Dynamics.
    94. Bonilla, Roberto & Kiraly, Francis, 2013. "Marriage wage premium in a search equilibrium," Labour Economics, Elsevier, vol. 24(C), pages 107-115.
    95. Kim, Seongeun, 2019. "Quality, price stickiness, and monetary policy," Journal of Macroeconomics, Elsevier, vol. 61(C), pages 1-1.
    96. Paweł Borys & Paweł Doligalski & Paweł Kopiec, 2018. "Labor market institutions in a shopping economy," NBP Working Papers 275, Narodowy Bank Polski.
    97. David Berger & Joseph Vavra, 2017. "Shocks vs. Responsiveness: What Drives Time-Varying Dispersion?," NBER Working Papers 23143, National Bureau of Economic Research, Inc.
    98. He, Chao & Fan, Xiaodong, 2024. "The paradox of search intensity," Journal of Economic Theory, Elsevier, vol. 221(C).
    99. Kopiec, Pawel, 2019. "Household Heterogeneity and the Value of Government Spending Multiplier: an Analytical Characterization," MPRA Paper 93499, University Library of Munich, Germany.
    100. Albert Menkveld & Boyan Jovanovic, 2016. "Dispersion and Skewness of Bid Prices," 2016 Meeting Papers 1395, Society for Economic Dynamics.
    101. Vincent Sterk, 2015. "The Dark Corners of the Labor Market," 2015 Meeting Papers 798, Society for Economic Dynamics.
    102. Shelegia, Sandro & Wilson, Chris M., 2022. "Costly participation and default allocations in all-pay contests," MPRA Paper 115027, University Library of Munich, Germany.
    103. Etro, Federico, 2017. "Research in economics and macroeconomics," Research in Economics, Elsevier, vol. 71(3), pages 373-383.
    104. Nir Jaimovich, 2015. "The Research Agenda: Nir Jaimovich on The changing nature of business cycles," EconomicDynamics Newsletter, Review of Economic Dynamics, vol. 16(2), November.

  34. Sebastian Dyrda & Greg Kaplan & José-Víctor Ríos-Rull, 2012. "Business Cycles and Household Formation: The Micro vs the Macro Labor Elasticity," NBER Working Papers 17880, National Bureau of Economic Research, Inc.

    Cited by:

    1. Doepke, Matthias & Tertilt, Michèle, 2016. "Families in Macroeconomics," IZA Discussion Papers 9802, Institute of Labor Economics (IZA).
    2. Gatskova, Kseniia & Kozlov, Vladimir, 2019. "Doubling Up or Moving Out? The Effect of International Labour Migration on Household Size," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 58(2), pages 162-179.
    3. Ríos-Rull, José-Víctor & Schorfheide, Frank & Fuentes-Albero, Cristina & Kryshko, Maxym & Santaeulàlia-Llopis, Raül, 2012. "Methods versus substance: Measuring the effects of technology shocks," Journal of Monetary Economics, Elsevier, vol. 59(8), pages 826-846.
    4. Kateryna Bornukova, 2015. "Accounting for Labor Productivity Puzzle," BEROC Working Paper Series 26, Belarusian Economic Research and Outreach Center (BEROC).
    5. Marianne Bitler & Hilary Hoynes, 2015. "Living Arrangements, Doubling Up, and the Great Recession: Was This Time Different?," American Economic Review, American Economic Association, vol. 105(5), pages 166-170, May.
    6. Kseniya Abanokova & Michael Lokshin, 2013. "Changes in household composition as a shock-mitigating strategy," HSE Working papers WP BRP 38/EC/2013, National Research University Higher School of Economics.
    7. Alexandre Janiaka & Paulo Santos Monteiro, 2014. "Towards a quantitative theory of automatic stabilizers: the role of demographics," Discussion Papers 14/23, Department of Economics, University of York.
    8. Sebastian Dyrda & José-Víctor Ríos-Rull, 2012. "Models of government expenditure multipliers," Economic Policy Paper 12-2, Federal Reserve Bank of Minneapolis.
    9. Raj Chetty & Adam Guren & Day Manoli & Andrea Weber, 2012. "Does Indivisible Labor Explain the Difference between Micro and Macro Elasticities? A Meta-Analysis of Extensive Margin Elasticities," NBER Chapters, in: NBER Macroeconomics Annual 2012, Volume 27, pages 1-56, National Bureau of Economic Research, Inc.
    10. William B. Peterman, 2016. "Reconciling Micro And Macro Estimates Of The Frisch Labor Supply Elasticity," Economic Inquiry, Western Economic Association International, vol. 54(1), pages 100-120, January.
    11. Marios Karabarbounis, 2013. "Heterogeneity in labor supply elasticity and optimal taxation," Working Paper 13-13, Federal Reserve Bank of Richmond.
    12. Andrew D. Paciorek, 2013. "The long and the short of household formation," Finance and Economics Discussion Series 2013-26, Board of Governors of the Federal Reserve System (U.S.).
    13. Patacchini, Eleonora & Arduini, Tiziano, 2016. "Residential Choices of Young Americans," IZA Discussion Papers 10186, Institute of Labor Economics (IZA).
    14. Richard W. Evans & Kerk L. Phillips, 2018. "Advantages of an Ellipse when Modeling Leisure Utility," Computational Economics, Springer;Society for Computational Economics, vol. 51(3), pages 513-533, March.
    15. Adamopoulou, Effrosyni & Kaya, Ezgi, 2013. "Young adults living with their parents and the influence of peers," UC3M Working papers. Economics we1310, Universidad Carlos III de Madrid. Departamento de Economía.
    16. Namkee Ahn & Virginia Sánchez-Marcos, 2017. "Emancipation under the great recession in Spain," Review of Economics of the Household, Springer, vol. 15(2), pages 477-495, June.
    17. Greg Kaplan, 2010. "Moving back home: insurance against labor market risk," Staff Report 449, Federal Reserve Bank of Minneapolis.
    18. 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.
    19. Domenico Ferraro & Giuseppe Fiori, 2020. "The Aging of the Baby Boomers: Demographics and Propagation of Tax Shocks," American Economic Journal: Macroeconomics, American Economic Association, vol. 12(2), pages 167-193, April.
    20. Sámano Daniel, 2022. "Foreign Currency Working Capital Constraints for Imported Inputs and Compositional Effects in Intermediate Goods," Working Papers 2022-20, Banco de México.
    21. Francesco Furlanetto & Gisle J. Natvik & Martin Seneca, 2011. "Investment shocks and macroeconomic co-movement," Working Paper 2011/14, Norges Bank.
    22. R. Jason Faberman, 2015. "Revisiting the Role of Home Production in Life-Cycle Labor Supply," Working Paper Series WP-2015-2, Federal Reserve Bank of Chicago.
    23. Zachary Bleemer & Meta Brown & Donghoon Lee & Wilbert Van der Klaauw, 2014. "Tuition, jobs, or housing: what's keeping millennials at home?," Staff Reports 700, Federal Reserve Bank of New York.
    24. Haddow, Abigail & Mileva, Mariya, 2013. "Financial factors and the international transmission mechanism," Bank of England working papers 479, Bank of England.
    25. Flemming, Jean, 2020. "Skill accumulation in the market and at home," Journal of Economic Theory, Elsevier, vol. 189(C).

  35. Greg Kaplan & Sam Schulhofer-Wohl, 2012. "Understanding the long-run decline in interstate migration," Working Papers 697, Federal Reserve Bank of Minneapolis.

    Cited by:

    1. Henry Hyatt & James Spletzer, 2013. "The recent decline in employment dynamics," IZA Journal of Labor Economics, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 2(1), pages 1-21, December.
    2. Thomas B. Foster, 2017. "Decomposing American immobility: Compositional and rate components of interstate, intrastate, and intracounty migration and mobility decline," Demographic Research, Max Planck Institute for Demographic Research, Rostock, Germany, vol. 37(47), pages 1515-1548.
    3. Yuliya Demyanyk & Dmytro Hryshko & María Jose Luengo-Prado & Bent E. Sørensen, 2017. "Moving to a Job: The Role of Home Equity, Debt, and Access to Credit," American Economic Journal: Macroeconomics, American Economic Association, vol. 9(2), pages 149-181, April.
    4. Stephan Goetz & Meri Davlasheridze & Yicheol Han, 2015. "County-Level Determinants of Mental Health, 2002–2008," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 124(2), pages 657-670, November.
    5. Julia Jauer & Thomas Liebig & John P. Martin & Patrick A. Puhani, 2014. "Migration as an adjustment mechanism in the crisis? A comparison of Europe and the United States," RF Berlin - CReAM Discussion Paper Series 1410, Rockwool Foundation Berlin (RF Berlin) - Centre for Research and Analysis of Migration (CReAM).
    6. Minsu Chang, 2023. "Online Appendix to "Changing Marital Transitions and Homeownership Among Young Households"," Online Appendices 21-30, Review of Economic Dynamics.
    7. Takeda, Kohei, 2023. "The Geography of Structural Transformation: Effects on Inequality and Mobility," OSF Preprints 8nfx5, Center for Open Science.
    8. Serena Rhee & Fatih Karahan, 2015. "Population Aging, Migration Spillovers and the Decline in Interstate Migration," 2015 Meeting Papers 1177, Society for Economic Dynamics.
    9. Plamen Nemov, 2015. "Online Appendix to "Regional Reallocation and Housing Markets in a Model of Frictional Migration"," Online Appendices 14-22, Review of Economic Dynamics.
    10. Molloy, Raven & Smith, Christopher L. & Wozniak, Abigail, 2014. "Declining Migration within the US: The Role of the Labor Market," IZA Discussion Papers 8149, Institute of Labor Economics (IZA).
    11. Christine Braun & Charlie Nusbaum & Peter Rupert, 2017. "Dual Job Search and Migration," 2017 Meeting Papers 789, Society for Economic Dynamics.
    12. Jia, Ning & Molloy, Raven & Smith, Christopher L. & Wozniak, Abigail, 2022. "The Economics of Internal Migration: Advances and Policy Questions," IZA Discussion Papers 15047, Institute of Labor Economics (IZA).
    13. Bachmann, Rüdiger & Cooper, Daniel, 2014. "The Ins and Arounds in the U.S. Housing Market," CEPR Discussion Papers 10041, C.E.P.R. Discussion Papers.
    14. Alvaro Janez, 2025. "Means-Tested Programs and Interstate Migration in the United States," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 55, January.
    15. Mnasri, A., 2015. "Renting vs buying a home: A matter of wealth accumulation or of geographic stability?," Journal of Economic Dynamics and Control, Elsevier, vol. 60(C), pages 42-72.
    16. Greenaway-McGrevy, Ryan & Hood, Kyle K., 2016. "Worker migration or job creation? Persistent shocks and regional recoveries," Journal of Urban Economics, Elsevier, vol. 96(C), pages 1-16.
    17. Champion, Tony & Shuttleworth, Ian, 2015. "Is internal migration slowing? An analysis of four decades of NHSCR records for England and Wales," LSE Research Online Documents on Economics 64617, London School of Economics and Political Science, LSE Library.
    18. Gabriel Chodorow-Reich & Johannes Wieland, 2017. "Secular Labor Reallocation and Business Cycles," Working Paper 313261, Harvard University OpenScholar.
    19. Eeckhout, Jan & De loecker, Jan, 2017. "The Rise of Market Power and the Macroeconomic Implications," CEPR Discussion Papers 12221, C.E.P.R. Discussion Papers.
    20. Michael Amior & Alan Manning, 2018. "The Persistence of Local Joblessness," American Economic Review, American Economic Association, vol. 108(7), pages 1942-1970, July.
    21. Sumita, Kazuto & Nakazawa, Katsuyoshi & Kawase, Akihiro, 2021. "Long-term care facilities and migration of elderly households in an aged society: Empirical analysis based on micro data," Journal of Housing Economics, Elsevier, vol. 53(C).
    22. Areendam Chanda & Bibhudutta Panda, 2016. "Productivity Growth In Goods And Services Across The Heterogeneous States Of America," Economic Inquiry, Western Economic Association International, vol. 54(2), pages 1021-1045, April.
    23. Monica Langella & Alan Manning, 2019. "Residential mobility and unemployment in the UK," CEP Discussion Papers dp1639, Centre for Economic Performance, LSE.
    24. Trond Husby & Hans Visser, 2021. "Short- to medium-run forecasting of mobility with dynamic linear models," Demographic Research, Max Planck Institute for Demographic Research, Rostock, Germany, vol. 45(28), pages 871-902.
    25. Ahmet Ali Taskin, 2014. "Sorted and Settled: Migration Decisions of Dual Income Families," ERSA conference papers ersa14p1219, European Regional Science Association.
    26. Matilde Bombardini & Bingjing Li, 2016. "Trade, Pollution and Mortality in China," NBER Working Papers 22804, National Bureau of Economic Research, Inc.
    27. Aude Bernard, 2017. "Cohort Measures of Internal Migration: Understanding Long-Term Trends," Demography, Springer;Population Association of America (PAA), vol. 54(6), pages 2201-2221, December.
    28. Greg Howard & Carl Liebersohn, 2018. "The Geography Channel of House Price Appreciation: Did the Decline in Manufacturing Partially Cause the Housing Boom?," 2018 Meeting Papers 925, Society for Economic Dynamics.
    29. Zhang, Junsen & Zhou, Kang, 2023. "Quota removal, destination-specific export shocks, and skill acquisition in China," Journal of Development Economics, Elsevier, vol. 165(C).
    30. Parkhomenko, Andrii, 2016. "Opportunity to Move: Macroeconomic Effects of Relocation Subsidies," MPRA Paper 75256, University Library of Munich, Germany.
    31. Champion, Tony & Shuttleworth, Ian, 2015. "Are people moving home less? An analysis of address changing in England and Wales, 1971-2011, using the ONS longitudinal study," LSE Research Online Documents on Economics 64618, London School of Economics and Political Science, LSE Library.
    32. Giovanni Peri & Reem Zaiour, 2023. "Changes in international immigration and internal native mobility after COVID-19 in the USA," Journal of Population Economics, Springer;European Society for Population Economics, vol. 36(4), pages 2389-2428, October.
    33. Raven Molloy & Christopher L. Smith & Abigail Wozniak, 2017. "Job Changing and the Decline in Long-Distance Migration in the United States," Demography, Springer;Population Association of America (PAA), vol. 54(2), pages 631-653, April.
    34. Melanie Morten & Jaqueline Oliveira, 2016. "Paving the Way to Development: Costly Migration and Labor Market Integration," NBER Working Papers 22158, National Bureau of Economic Research, Inc.
    35. Marcelo Veracierto & Jonas Fisher & Morris Davis, 2014. "Gross Migration, Housing and Urban Population Dynamics," 2014 Meeting Papers 324, Society for Economic Dynamics.
    36. 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.
    37. Michel Beine & Serge Coulombe, 2014. "Immigration and Internal Mobility in Canada," DEM Discussion Paper Series 14-18, Department of Economics at the University of Luxembourg.
    38. Ganong, Peter & Shoag, Daniel, 2012. "Why Has Regional Convergence in the U.S. Stopped?," Working Paper Series rwp12-028, Harvard University, John F. Kennedy School of Government.
    39. Siddharth Kothari & Itay Saporta Eksten & Edison Yu, 2013. "The (Un)importance of Geographical Mobility in the Great Recession"," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 16(3), pages 553-563, July.
    40. Chakrabarti, Anindya S. & Dutta, Aparna, 2015. "Economic incentives versus institutional frictions: migration dynamics within Europe," IIMA Working Papers WP2015-08-06, Indian Institute of Management Ahmedabad, Research and Publication Department.
    41. Bandeira, Guilherme & Caballé, Jordi & Vella, Eugenia, 2022. "Emigration and fiscal austerity in a depression," Journal of Economic Dynamics and Control, Elsevier, vol. 144(C).
    42. Kemeny, Tom & Storper, Michael, 2022. "The changing shape of spatial inequality in the United States," SocArXiv wnd8t, Center for Open Science.
    43. Davis, Morris A. & Fisher, Jonas D.M. & Veracierto, Marcelo, 2021. "Migration and urban economic dynamics," Journal of Economic Dynamics and Control, Elsevier, vol. 133(C).
    44. Regina Pleninger, 2020. "Impact of Natural Disasters on the Income Distribution," KOF Working papers 20-474, KOF Swiss Economic Institute, ETH Zurich.
    45. Eichengreen, Barry & Jung, Naeun & Moch, Stephen & Mody, Ashoka, 2014. "The Eurozone Crisis: Phoenix Miracle or Lost Decade?," Journal of Macroeconomics, Elsevier, vol. 39(PB), pages 288-308.
    46. Raven Molloy & Christopher L. Smith & Riccardo Trezzi & Abigail Wozniak, 2016. "Understanding Declining Fluidity in the U.S. Labor Market," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 47(1 (Spring), pages 183-259.
    47. Kohler, Wilhelm & Müller, Gernot J. & Wellmann, Susanne, 2021. "Risk sharing in currency unions: The migration channel," University of Tübingen Working Papers in Business and Economics 144, University of Tuebingen, Faculty of Economics and Social Sciences, School of Business and Economics.
    48. Joanna Venator, 2022. "Dual-Earner Migration Decisions, Earnings, and Unemployment Insurance," Boston College Working Papers in Economics 1052, Boston College Department of Economics.
    49. Botsch, Matthew J. & Morris, Stephen D., 2021. "Job loss risk, expected mobility, and home ownership," Journal of Housing Economics, Elsevier, vol. 53(C).
    50. Alexander Bick & Adam Blandin & Karel Mertens & Hannah Rubinton, 2024. "Work from Home and Interstate Migration," Working Papers 2024-012, Federal Reserve Bank of St. Louis.
    51. Peng, Xue, 2024. "Migration Behaviors Leaving Metropolitan Areas: Assessing the Impacts of Health Risks and Teleworking in the COVID-19 Context," AGI Working Paper Series 2024-13, Asian Growth Research Institute.
    52. Stephan D. Whitaker, 2022. "Is the grass really greener? Migrants' improvements in local labor market conditions and financial health," Working Papers 22-04, Federal Reserve Bank of Cleveland.
    53. Yuliya Demyanyk & Dmytro Hryshko & María Jose Luengo-Prado & Bent E. Sorensen, 2016. "Moving to a new job: the role of home equity, debt, and access to credit," Working Papers 16-1, Federal Reserve Bank of Boston.
    54. Sunganani V. Kalemba & Aude Bernard & Jonathan Corcoran & Elin Charles-Edwards, 2022. "Has the decline in the intensity of internal migration been accompanied by changes in reasons for migration?," Journal of Population Research, Springer, vol. 39(3), pages 279-313, September.
    55. Amior, Michael, 2015. "Why are higher skilled workers more mobile geographically?: the role of the job surplus," LSE Research Online Documents on Economics 61279, London School of Economics and Political Science, LSE Library.
    56. Hannah Leal & Stephanie Parsons & Graham White & Andrew Zurawski, 2017. "Housing Market Turnover," RBA Bulletin (Print copy discontinued), Reserve Bank of Australia, pages 21-30, March.
    57. Zheng Song & Kjetil Storesletten & Yikai Wang & Fabrizio Zilibotti, 2015. "Sharing High Growth across Generations: Pensions and Demographic Transition in China," American Economic Journal: Macroeconomics, American Economic Association, vol. 7(2), pages 1-39, April.
    58. Coulter, Rory & van Ham, Maarten & Findlay, Allan M., 2013. "New Directions for Residential Mobility Research: Linking Lives through Time and Space," IZA Discussion Papers 7525, Institute of Labor Economics (IZA).
    59. Weiss, Christoph T., 2015. "Education and regional mobility in Europe," Economics of Education Review, Elsevier, vol. 49(C), pages 129-141.
    60. Giorgi, Julien & Plunket, Anne & Starosta de Waldemar, Felipe, 2025. "Inter-regional highly skilled worker mobility and technological novelty," Research Policy, Elsevier, vol. 54(1).
    61. Ioannis Branikas & Harrison Hong & Jiangmin Xu, 2017. "Location Choice, Portfolio Choice," NBER Working Papers 23040, National Bureau of Economic Research, Inc.
    62. Mai Dao & Davide Furceri & Mr. Prakash Loungani, 2014. "Regional Labor Market Adjustments in the United States and Europe," IMF Working Papers 2014/026, International Monetary Fund.
    63. Olivier Coibion & Yuriy Gorodnichenko & Dmitri Koustas, 2013. "Amerisclerosis? The Puzzle of Rising U.S. Unemployment Persistence," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 44(2 (Fall)), pages 193-260.
    64. Michael R. Betz & Mark D. Partridge & Belal Fallah, 2016. "Smart cities and attracting knowledge workers: Which cities attract highly-educated workers in the 21st century?," Papers in Regional Science, Wiley Blackwell, vol. 95(4), pages 819-841, November.
    65. Mike Waugh & Ahmed Mobarak & David Lagakos, 2016. "Urban-Rural Wage Gaps in Developing Countries: Spatial Misallocation or Efficient Sorting?," 2016 Meeting Papers 1032, Society for Economic Dynamics.
    66. Bulent Guler, 2013. "Dual Income Couples and Interstate Migration," 2013 Meeting Papers 898, Society for Economic Dynamics.
    67. Riley Wilson, 2021. "Isolated States of America: The Impact of State Borders on Mobility and Regional Labor Market Adjustments," Upjohn Working Papers 21-358, W.E. Upjohn Institute for Employment Research.
    68. Aude Bernard & Francisco Perales, 2021. "Is Migration a Learned Behavior? Understanding the Impact of Past Migration on Future Migration," Population and Development Review, The Population Council, Inc., vol. 47(2), pages 449-474, June.
    69. Rüdiger Bachmann & Daniel H. Cooper, 2012. "Cyclical and sectoral transitions in the U.S. housing market," Working Papers 12-17, Federal Reserve Bank of Boston.
    70. Kiss, Károly Miklós & Lőrincz, László & Ilyés, Virág & Varga, Kinga, 2024. "Földrajzi és nemek közötti bérkülönbségek a karrierszekvenciákban [Geographical and gender pay gaps in career paths]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(7), pages 701-727.
    71. Mark J. Holmes & Jesús Otero, 2022. "The wage curve within and across regions: new insights from a pairwise view of US states," Empirical Economics, Springer, vol. 62(5), pages 2069-2089, May.
    72. Prakash Loungani & Davide Furceri & Mai Dao, 2015. "Regional labor market adjustment in the United States," 2015 Meeting Papers 733, Society for Economic Dynamics.
    73. Ziółkowski Michał, 2014. "Geographic Labor Mobility as an Element of Adjustment Process in the Eurozone Countries and the USA States," International Journal of Management and Economics, Warsaw School of Economics, Collegium of World Economy, vol. 41(1), pages 23-44, March.
    74. Jakob Molinder, 2022. "How effective are mobility subsidies in targeting the unemployed? Lessons from the Swedish Model, 1965–1975," Economic and Industrial Democracy, Department of Economic History, Uppsala University, Sweden, vol. 43(4), pages 1724-1746, November.

  36. Mark Huggett and Greg Kaplan, 2012. "The Money Value of a Man," Working Papers gueconwpa~12-12-02, Georgetown University, Department of Economics.

    Cited by:

    1. Yongsung Chang & Jay H. Hong & Marios Karabarbounis, 2018. "Labor Market Uncertainty and Portfolio Choice Puzzles," American Economic Journal: Macroeconomics, American Economic Association, vol. 10(2), pages 222-262, April.
    2. Mark Huggett & Greg Kaplan, 2010. "Human capital values and returns: bounds implied by earnings and asset returns data," Staff Report 448, Federal Reserve Bank of Minneapolis.
    3. Luca Benzoni & Olena Chyruk, 2013. "Human Capital and Long-Run Labor Income Risk," Working Paper Series WP-2013-16, Federal Reserve Bank of Chicago.
    4. Luca Benzon & Olena Chyruk, 2015. "The Value and Risk of Human Capital," Annual Review of Financial Economics, Annual Reviews, vol. 7(1), pages 179-200, December.
    5. Eshaghnia, Sadegh S. M. & Heckman, James J. & Landersø, Rasmus & Qureshi, Rafeh, 2022. "Intergenerational Transmission of Family Influence," IZA Discussion Papers 15504, Institute of Labor Economics (IZA).
    6. Gomes, Francisco & Brown, Jeffrey & Fang, Chichun, 2015. "Risk and Returns to Education Over Time," CEPR Discussion Papers 10416, C.E.P.R. Discussion Papers.
    7. Jan Voelzke & Jeanne Diesteldorf & Fabian Goessling & Till Weigt, 2017. "Investors' favourite - A different look at valuing individual labour income," CQE Working Papers 6017, Center for Quantitative Economics (CQE), University of Muenster.
    8. Mark Huggett & Greg Kaplan, 2016. "How Large is the Stock Component of Human Capital?," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 22, pages 21-51, October.
    9. Jeffrey Brown & Chichun Fang & Francisco Gomes, 2012. "Risk and Returns to Education," NBER Working Papers 18300, National Bureau of Economic Research, Inc.
    10. Voelzke, Jan & Gößling, Fabian & Diesteldorf, Jeanne & Weigt, Till, 2017. "Investors' favourite - A different look at valuing individual labour income," VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking 168065, Verein für Socialpolitik / German Economic Association.
    11. Yongsung Chang & Jay Hong & Marios Karabarbounis, 2013. "Life Cycle Uncertainty and Portfolio Choice Puzzles," 2013 Meeting Papers 595, Society for Economic Dynamics.

  37. Greg Kaplan, 2011. "Inequality and the Lifecycle," PIER Working Paper Archive 11-014, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.

    Cited by:

    1. Ayse Imrohoroglu & Cagri S. Kumru & Arm Nakornthab, 2018. "Revisiting Tax on Top Income," ANU Working Papers in Economics and Econometrics 2018-660, Australian National University, College of Business and Economics, School of Economics.
    2. Ayse Imrohoroglu & Cagri Kumru & Jiu Lian & Arm Nakornthab, 2023. "Revisiting Taxes on High Incomes," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 51, pages 1159-1184, December.
    3. Setty, Ofer, 2012. "Unemployment Accounts," Foerder Institute for Economic Research Working Papers 275765, Tel-Aviv University > Foerder Institute for Economic Research.
    4. William B. Peterman & Kamila Sommer, 2019. "How Well Did Social Security Mitigate The Effects Of The Great Recession?," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 60(3), pages 1433-1466, August.
    5. Jose Mustre-del-Rio, 2014. "Online Appendix to "Wealth and Labor Supply Heterogeneity"," Online Appendices 12-158, Review of Economic Dynamics.
    6. Giulio Fella & Giovanni Gallipoli & Jutong Pan, 2019. "Markov-Chain Approximations for Life-Cycle Models," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 34, pages 183-201, October.
    7. Giovanni L. Violante & Costas Meghir & Giovanni Gallipoli, 2008. "Equilibrium Effects of Education Policies: a Quantitative Evaluation," 2008 Meeting Papers 868, Society for Economic Dynamics.
    8. Guner, Nezih & Lopez-Daneri, Martin & Ventura, Gustavo, 2023. "The Looming Fiscal Reckoning: Tax Distortions, Top Earners, and Revenues," CEPR Discussion Papers 17795, C.E.P.R. Discussion Papers.
    9. Robin Jessen & Johannes König, 2023. "Hours risk and wage risk: repercussions over the life cycle," Scandinavian Journal of Economics, Wiley Blackwell, vol. 125(4), pages 956-996, October.
    10. Patrick Fève & Julien Matheron & Jean-Guillaume Sahuc, 2018. "The Horizontally S-Shaped Laffer Curve," Journal of the European Economic Association, European Economic Association, vol. 16(3), pages 857-893.
    11. William B. Peterman & Erick Sager, 2018. "Optimal Public Debt with Life Cycle Motives," Economic Working Papers 507, Bureau of Labor Statistics.
    12. Job Boerma & Loukas Karabarbounis, 2021. "Inferring Inequality With Home Production," Econometrica, Econometric Society, vol. 89(5), pages 2517-2556, September.
    13. Mark Huggett (Georgetown University) and Juan Carlos Parra (Georgetown University), 2005. "Quantifying the Inefficiency of the US Social Insurance System," Working Papers gueconwpa~05-05-16, Georgetown University, Department of Economics.
    14. Yavuz Arslan & Bulent Guler & Temel Taskin, 2020. "Price search, consumption inequality, and expenditure inequality over the life-cycle," BIS Working Papers 886, Bank for International Settlements.
    15. Blundell, Richard & Graber, Michael & Mogstad, Magne, 2014. "Labor Income Dynamics and the Insurance from Taxes, Transfers, and the Family," IZA Discussion Papers 7916, Institute of Labor Economics (IZA).
    16. Rafael Azevedo & Luis Bettoni & Marcelo Santos, 2024. "Severance savings accounts and life-cycle savings," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 78(4), pages 1275-1331, December.
    17. Duernecker, Georg & Balleer, Almut & Forstner, Susanne & Goensch, Johannes, 2021. "The Effects of Biased Labor Market Expectations on Consumption, Wealth Inequality, and Welfare," CEPR Discussion Papers 16444, C.E.P.R. Discussion Papers.
    18. Srivisal, Narapong & Sanoran, Kanyarat Lek & Bukkavesa, Kanix, 2021. "National culture and saving: How collectivism, uncertainty avoidance, and future orientation play roles," Global Finance Journal, Elsevier, vol. 50(C).
    19. 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.
    20. Yu Zheng & Raül Santaeulà lia-Llopis, 2017. "Why Is Food Consumption Inequality Underestimated? A Story of Vices and Children," Working Papers 969, Barcelona School of Economics.
    21. Guner, Nezih & Ramos, Roberto & Lopez-Segovia, Javier, 2020. "Reforming the Individual Income Tax in Spain," CEPR Discussion Papers 14779, C.E.P.R. Discussion Papers.
    22. Teegawende H. Zeida, 2021. "Online Appendix to "The Tax Cuts and Jobs Act (TCJA): A Quantitative Evaluation of Key Provisions"," Online Appendices 19-358, Review of Economic Dynamics.
    23. Mark Huggett & Juan Carols Parra, 2006. "How Well Does the US Social Insurance System Provide Social Insurance?," Working Papers gueconwpa~06-06-11, Georgetown University, Department of Economics.
    24. Jonathan Heathcote & Fabrizio Perri & Giovanni L. Violante, 2010. "Unequal We Stand: An Empirical Analysis of Economic Inequality in the United States: 1967-2006," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 13(1), pages 15-51, January.
    25. Sam Schulhofer-Wohl, 2012. "The Age-Time-Cohort Problem and the Identification of Structural Parameters in Life-Cycle Models," 2012 Meeting Papers 575, Society for Economic Dynamics.
    26. Marco Cozzi, 2018. "Efficiency Units of Labor: Life-Cycle Profiles Estimates from the CPS 1987-2017," Department Discussion Papers 1804, Department of Economics, University of Victoria.
    27. Greg Kaplan & Guido Menzio & Leena Rudanko & Nicholas Trachter, 2016. "Relative price dispersion: evidence and theory," Working Papers 16-6, Federal Reserve Bank of Philadelphia.
    28. Spencer Lyon & Michael Waugh, 2017. "Redistributing the Gains from Trade through Progressive Taxation," NBER Chapters, in: Trade and Labor Markets, National Bureau of Economic Research, Inc.
    29. Patrick Macnamara & Myroslav Pidkuyko & Raffaele Rossi, 2021. "Marginal tax changes with risky investment," Working Papers 2116, Banco de España.
    30. Cooley, Thomas F. & Henriksen, Espen & Nusbaum, Charlie, 2024. "Demographic obstacles to European growth," European Economic Review, Elsevier, vol. 169(C).
    31. Rong Hai, 2013. "The Determinants of Rising Inequality in Health Insurance and Wages: An Equilibrium Model of Workers' Compensation and Health Care Policies," PIER Working Paper Archive 13-019, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    32. Ferreira, Pedro Cavalcanti & Santos, Marcelo Rodrigues dos, 2012. "The effect of social security, health, demography and technology on retirement," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 727, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    33. Alejandro Badel & Mark Huggett, 2010. "Interpreting life-cycle inequality patterns as an efficient allocation: mission impossible?," Working Papers 2010-046, Federal Reserve Bank of St. Louis.
    34. Sagiri KITAO & Tomoaki YAMADA, 2023. "The Time Trend and Life-cycle Profiles of Consumption," Discussion papers 23036, Research Institute of Economy, Trade and Industry (RIETI).
    35. Naoki Aizawa & Hanming Fang, 2020. "Equilibrium Labor Market Search and Health Insurance Reform," Journal of Political Economy, University of Chicago Press, vol. 128(11), pages 4258-4336.
    36. De Nardi, Mariacristina & Pashchenko, Svetlana & Porapakkarm, Ponpoje, 2017. "The Lifetime Costs of Bad Health," CEPR Discussion Papers 12386, C.E.P.R. Discussion Papers.
    37. Alexander Bick & Bettina Brüggemann & Nicola Fuchs‐Schündeln, 2019. "Hours Worked in Europe and the United States: New Data, New Answers," Scandinavian Journal of Economics, Wiley Blackwell, vol. 121(4), pages 1381-1416, October.
    38. Bishnu, Monisankar & Guo, Nick L. & Kumru, Cagri S., 2019. "Social security with differential mortality," Journal of Macroeconomics, Elsevier, vol. 62(C).
    39. Brant Abbott & Giovanni Gallipoli & Costas Meghir & Giovanni L. Violante, 2013. "Education Policy and Intergenerational Transfers in Equilibrium," NBER Working Papers 18782, National Bureau of Economic Research, Inc.
    40. Juergen Jung, 2022. "Estimating transition probabilities between health states using US longitudinal survey data," Empirical Economics, Springer, vol. 63(2), pages 901-943, August.
    41. Bick, Alexander & Choi, Sekyu, 2013. "Revisiting the effect of household size on consumption over the life-cycle," Journal of Economic Dynamics and Control, Elsevier, vol. 37(12), pages 2998-3011.
    42. Aditya Aladangady & Etienne Gagnon & Benjamin K. Johannsen & William B. Peterman, 2021. "Macroeconomic Implications of Inequality and Income Risk," Finance and Economics Discussion Series 2021-073, Board of Governors of the Federal Reserve System (U.S.).
    43. William B. Peterman, 2012. "The effect of endogenous human capital accumulation on optimal taxation," Finance and Economics Discussion Series 2012-03, Board of Governors of the Federal Reserve System (U.S.).
    44. Qingyin Ma & John Stachurski & Alexis Akira Toda, 2018. "The Income Fluctuation Problem with Capital Income Risk: Optimality and Stability," Papers 1812.01320, arXiv.org.
    45. Fatih Karahan & Serdar Ozkan & Jae Song, 2019. "Anatomy of Lifetime Earnings Inequality: Heterogeneity in Job Ladder Risk vs. Human Capital," Staff Reports 908, Federal Reserve Bank of New York.
    46. Yamada, Tomoaki, 2012. "Income risk, macroeconomic and demographic change, and economic inequality in Japan," Journal of Economic Dynamics and Control, Elsevier, vol. 36(1), pages 63-84.
    47. William Peterman, 2014. "A Historical Welfare Analysis of Social Security: Who Did the Program Benefit?," 2014 Meeting Papers 790, Society for Economic Dynamics.
    48. Johannes König & Maximilian Longmuir, 2021. "Wage Risk and Portfolio Choice: The Role of Correlated Returns," Discussion Papers of DIW Berlin 1974, DIW Berlin, German Institute for Economic Research.
    49. Richard Blundell & Ben Etheridge, 2010. "Consumption, Income and Earnings Inequality in Britain," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 13(1), pages 76-102, January.
    50. Campanale, Claudio & Fernández-Bastidas, Rocío, 2023. "Top earners: A labor productivity process," Economics Letters, Elsevier, vol. 229(C).
    51. Tomoaki Yamada & Minchung Hsu & Gary D. Hansen, 2011. "Financing Health Care in Japan: The Impact of an Aging Population," 2011 Meeting Papers 717, Society for Economic Dynamics.
    52. Brant Abbott & Giovanni Gallipoli & Costas Meghir & Giovanni L. Violante, 2013. "Education Policy�and Intergenerational Transfers in Equilibrium," Cowles Foundation Discussion Papers 1887R, Cowles Foundation for Research in Economics, Yale University, revised Mar 2016.
    53. Dirk Krueger & Chunzan Wu, 2025. "Taxes on Lifetime Income: A Good Idea?," PIER Working Paper Archive 25-011, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    54. Koray Aktas, 2021. "Characterizing Life-Cycle Dynamics of Annual Days of Work, Wages, and Cross-Covariances," Working Papers 465, University of Milano-Bicocca, Department of Economics.
    55. Patrick Macnamara & Myroslav Pidkuyko & Raffaele Rossi, 2021. "Marginal Tax Rates and Income in the Long Run: Evidence from a Structural Estimation," Economics Discussion Paper Series 2105, Economics, The University of Manchester, revised Jan 2022.
    56. Caliendo, Frank N. & Findley, T. Scott, 2020. "Dynamic Consistency and Regret," Journal of Economic Behavior & Organization, Elsevier, vol. 173(C), pages 342-364.
    57. Naoki Aizawa & Hanming Fang, 2015. "Equilibrium Labor Market Search and Health Insurance Reform, Second Version," PIER Working Paper Archive 15-024, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 28 Jun 2015.
    58. Lopez-Daneri, Martin, 2016. "NIT picking: The macroeconomic effects of a Negative Income Tax," Journal of Economic Dynamics and Control, Elsevier, vol. 68(C), pages 1-16.
    59. William B. Peterman & Kamila Sommer, 2014. "How Well Did Social Security Mitigate the Effects of the Great Recession?," Finance and Economics Discussion Series 2014-13, Board of Governors of the Federal Reserve System (U.S.).
    60. Andrés Erosa & Luisa Fuster & Gueorgui Kambourov, 2016. "Towards a Micro-Founded Theory of Aggregate Labour Supply," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 83(3), pages 1001-1039.
    61. Jessen, Robin & König, Johannes, 2018. "Hours risk, wage risk, and life-cycle labor supply," Ruhr Economic Papers 771, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
    62. Hoang Khieu, 2024. "On the distribution of lifetime wealth accumulation," Journal of Economics, Springer, vol. 143(1), pages 87-100, September.
    63. Monisankar Bishnu & Nick L. Guo & Cagri S Kumru, 2017. "Social Security: Progressive Benefits but Regressive Outcome?," ANU Working Papers in Economics and Econometrics 2017-656, Australian National University, College of Business and Economics, School of Economics.
    64. Chen, Ye & Kumru, Cagri S. & Zhang, Yurui, 2024. "Optimal taxation, differential mortality, and endogenous human capital accumulation in China," China Economic Review, Elsevier, vol. 88(C).
    65. Campanale Claudio & Rocio Fernandez-Bastidas, 2022. "Top Earners: a Labor Productivity Process," Working papers 074, Department of Economics, Social Studies, Applied Mathematics and Statistics (Dipartimento di Scienze Economico-Sociali e Matematico-Statistiche), University of Torino.
    66. Lei Fang & Anne Hannusch & Pedro Silos, 2020. "Bundling Time and Goods: Implications for Hours Dispersion," FRB Atlanta Working Paper 2020-1, Federal Reserve Bank of Atlanta.
    67. Karam Shaar & Fang Yao, 2018. "Housing Leverage and Consumption Expenditure - Evidence from New Zealand Microdata," Reserve Bank of New Zealand Discussion Paper Series DP2018/06, Reserve Bank of New Zealand.
    68. Ono, Taiki, 2024. "Bequests and wealth inequality in Japan," Journal of the Japanese and International Economies, Elsevier, vol. 72(C).
    69. Cagri S. Kumru & John Piggott & Athanasios C. Thanopoulos, 2015. "A Note on Resource Testing and Temptation," Working Papers wp340, University of Michigan, Michigan Retirement Research Center.
    70. Matsuda, Kazushige & Mazur, Karol, 2022. "College education and income contingent loans in equilibrium," Journal of Monetary Economics, Elsevier, vol. 132(C), pages 100-117.
    71. Fatih Guvenen & Anthony Smith, 2013. "Inferring labor income risk and partial insurance from economic choices," Staff Report 485, Federal Reserve Bank of Minneapolis.
    72. Fatih Karahan & Serdar Ozkan, 2013. "On the Persistence of Income Shocks over the Life Cycle: Evidence, Theory, and Implications," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 16(3), pages 452-476, July.
    73. Johannes König, 2023. "Bias in Tax Progressivity Estimates," National Tax Journal, University of Chicago Press, vol. 76(2), pages 267-289.
    74. Rong Hai, 2013. "The Determinants of Rising Inequality in Health Insurance and Wages, Second Version," PIER Working Paper Archive 13-071, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 21 Dec 2013.

  38. Greg Kaplan & Sam Schulhofer-Wohl, 2011. "A sharp drop in interstate migration? not really," Economic Policy Paper 11-2, Federal Reserve Bank of Minneapolis.

    Cited by:

    1. Benedikt Herz & Thijs van Rens, 2020. "Accounting for Mismatch Unemployment," Journal of the European Economic Association, European Economic Association, vol. 18(4), pages 1619-1654.

  39. Greg Kaplan & Sam Schulhofer-Wohl, 2011. "Interstate migration has fallen less than you think: consequences of hot deck imputation in the Current Population Survey," Staff Report 458, Federal Reserve Bank of Minneapolis.

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    1. Saks, Raven E. & Wozniak, Abigail, 2007. "Labor Reallocation over the Business Cycle: New Evidence from Internal Migration," IZA Discussion Papers 2766, Institute of Labor Economics (IZA).
    2. Maria Esther Caballero & Brian C. Cadena & Brian K. Kovak, 2018. "Measuring Geographic Migration Patterns Using Matrículas Consulares," Demography, Springer;Population Association of America (PAA), vol. 55(3), pages 1119-1145, June.
    3. Gizem Kosar & Tyler Ransom & Wilbert van der Klaauw, 2020. "Understanding Migration Aversion Using Elicited Counterfactual Choice Probabilities," CESifo Working Paper Series 8117, CESifo.
    4. Valletta, Robert G., 2012. "House Lock and Structural Unemployment," IZA Discussion Papers 7002, Institute of Labor Economics (IZA).
    5. Violante, Giovanni & Topa, Giorgio & Sahin, Aysegul & Song, Joseph, 2012. "Mismatch Unemployment," CEPR Discussion Papers 9093, C.E.P.R. Discussion Papers.
    6. Monras, Joan, 2018. "Economic Shocks and Internal Migration," CEPR Discussion Papers 12977, C.E.P.R. Discussion Papers.
    7. Michael Amior, 2020. "The contribution of immigration to local labor market adjustment," CEP Discussion Papers dp1678, Centre for Economic Performance, LSE.
    8. Serena Rhee & Fatih Karahan, 2015. "Population Aging, Migration Spillovers and the Decline in Interstate Migration," 2015 Meeting Papers 1177, Society for Economic Dynamics.
    9. Enghin Atalay & Ali Hortaçsu & Mustafa Runyun & Chad Syverson & Mehmet Fatih Ulu, 2023. "Micro- and Macroeconomic Impacts of a Place-Based Industrial Policy," NBER Working Papers 31293, National Bureau of Economic Research, Inc.
    10. Jia, Ning & Molloy, Raven & Smith, Christopher L. & Wozniak, Abigail, 2022. "The Economics of Internal Migration: Advances and Policy Questions," IZA Discussion Papers 15047, Institute of Labor Economics (IZA).
    11. Partridge, Mark D. & Rickman, Dan S. & Olfert, M. Rose & Ali, Kamar, 2012. "Dwindling U.S. internal migration: Evidence of spatial equilibrium or structural shifts in local labor markets?," Regional Science and Urban Economics, Elsevier, vol. 42(1-2), pages 375-388.
    12. Daly, Mary C. & Hobijn, Bart & Valletta, Robert G., 2011. "The Recent Evolution of the Natural Rate of Unemployment," IZA Discussion Papers 5832, Institute of Labor Economics (IZA).
    13. Pinka Chatterji & Xiangshi Liu & Baris K. Yoruk, 2017. "Health Insurance and the Boomerang Generation: Did the 2010 ACA Dependent Care Provision affect Geographic Mobility and Living Arrangements among Young Adults?," NBER Working Papers 23700, National Bureau of Economic Research, Inc.
    14. Karahan, Fatih & Rhee, Serena, 2019. "Geographic reallocation and unemployment during the Great Recession: The role of the housing bust," Journal of Economic Dynamics and Control, Elsevier, vol. 100(C), pages 47-69.
    15. Raven S. Molloy & Christopher L. Smith & Abigail Wozniak, 2011. "Internal migration in the United States," Finance and Economics Discussion Series 2011-30, Board of Governors of the Federal Reserve System (U.S.).
    16. Jeffrey Thompson, 2011. "The Impact of Taxes on Migration in New England," Published Studies migration_peri_april13, Political Economy Research Institute, University of Massachusetts at Amherst.
    17. Julie L. Hotchkiss & Anil Rupasingha, 2021. "Individual social capital and migration," Growth and Change, Wiley Blackwell, vol. 52(2), pages 808-837, June.
    18. Champion, Tony & Shuttleworth, Ian, 2015. "Is internal migration slowing? An analysis of four decades of NHSCR records for England and Wales," LSE Research Online Documents on Economics 64617, London School of Economics and Political Science, LSE Library.
    19. Plamen Nenov, 2013. "Regional Mismatch and Labor Reallocation in an Equilibrium Model of Migration," 2013 Meeting Papers 565, Society for Economic Dynamics.
    20. Lorenzo Caliendo & Maximiliano Dvorkin & Fernando Parro, 2015. "The Impact of Trade on Labor Market Dynamics," NBER Working Papers 21149, National Bureau of Economic Research, Inc.
    21. Greg Kaplan & Sam Schulhofer-Wohl, 2012. "Understanding the Long-Run Decline in Interstate Migration," NBER Working Papers 18507, National Bureau of Economic Research, Inc.
    22. 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.
    23. Champion, Tony & Shuttleworth, Ian, 2015. "Are people moving home less? An analysis of address changing in England and Wales, 1971-2011, using the ONS longitudinal study," LSE Research Online Documents on Economics 64618, London School of Economics and Political Science, LSE Library.
    24. Eamon Duede & Victor Zhorin, 2016. "Convergence of Economic Growth and the Great Recession as Seen From a Celestial Observatory," Papers 1604.04312, arXiv.org, revised Aug 2016.
    25. Rothstein, Jesse, 2011. "Unemployment Insurance and Job Search in the Great Recession," Institute for Research on Labor and Employment, Working Paper Series qt5611t356, Institute of Industrial Relations, UC Berkeley.
    26. Jesse Rothstein, 2012. "The Labor Market Four Years into the Crisis: Assessing Structural Explanations," ILR Review, Cornell University, ILR School, vol. 65(3), pages 467-500, July.
    27. Raven Molloy & Christopher L. Smith & Abigail Wozniak, 2017. "Job Changing and the Decline in Long-Distance Migration in the United States," Demography, Springer;Population Association of America (PAA), vol. 54(2), pages 631-653, April.
    28. 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.
    29. Joseph Song & Giorgio Topa & Gianluca Violante & Aysegul Sahin, 2012. "Measuring Mismatch in the US Labor Market," 2012 Meeting Papers 973, Society for Economic Dynamics.
    30. Daniel H. Cooper & María Jose Luengo-Prado, 2015. "Household formation over time: evidence from two cohorts of young adults," Current Policy Perspectives 15-4, Federal Reserve Bank of Boston.
    31. Siddharth Kothari & Itay Saporta Eksten & Edison Yu, 2013. "The (Un)importance of Geographical Mobility in the Great Recession"," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 16(3), pages 553-563, July.
    32. Constantin Anghelache & Madalina – Gabriela Anghel & Alina – Georgiana Solomon, 2017. "The Effect of Migration on Labor Resources," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 7(3), pages 6-13, July.
    33. Lorenzo Caliendo & Maximiliano Dvorkin & Fernando Parro, 2015. "Trade and Labor Market Dynamics: General Equilibrium Analysis of the China Trade Shock," Working Papers 2015-9, Federal Reserve Bank of St. Louis.
    34. Mikel Casares & Hashmat Khan, 2016. "Business Dynamism and Economic Growth: U.S. Regional Evidence," Documentos de Trabajo - Lan Gaiak Departamento de Economía - Universidad Pública de Navarra 1601, Departamento de Economía - Universidad Pública de Navarra.
    35. Smets, Frank & Beyer, Robert C. M., 2015. "Labour market adjustments in Europe and the US: How different?," Working Paper Series 1767, European Central Bank.
    36. Mark D., Partridge & Dan S., Rickman & M. Rose, Olfert & Kamar, Ali, 2010. "Dwindling U.S. Internal Migration: Evidence of Spatial Equilibrium?," MPRA Paper 28157, University Library of Munich, Germany.
    37. Greg Kaplan & Sam Schulhofer-Wohl, 2011. "Interstate migration has fallen less than you think: consequences of hot deck imputation in the Current Population Survey," Staff Report 458, Federal Reserve Bank of Minneapolis.
    38. Eichengreen, Barry & Jung, Naeun & Moch, Stephen & Mody, Ashoka, 2014. "The Eurozone Crisis: Phoenix Miracle or Lost Decade?," Journal of Macroeconomics, Elsevier, vol. 39(PB), pages 288-308.
    39. Mr. Michael Weber & Ms. Michaela Denk, 2011. "Avoid Filling Swiss Cheese with Whipped Cream: Imputation Techniques and Evaluation Procedures for Cross-Country Time Series," IMF Working Papers 2011/151, International Monetary Fund.
    40. Michael Elsby & Bart Hobijn & Ayşegül Şahin & Robert G. Valletta, 2011. "The labor market in the Great Recession: an update," Working Paper Series 2011-29, Federal Reserve Bank of San Francisco.
    41. Bruce Fallick & Pawel Krolikowski, 2019. "Excess Persistence in Employment of Disadvantaged Workers," Working Papers 18-01R, Federal Reserve Bank of Cleveland.
    42. Sam Schulhofer-Wohl & Greg Kaplan, 2011. "Migration in a flattening world," 2011 Meeting Papers 1236, Society for Economic Dynamics.
    43. Botsch, Matthew J. & Morris, Stephen D., 2021. "Job loss risk, expected mobility, and home ownership," Journal of Housing Economics, Elsevier, vol. 53(C).
    44. Jack DeWaard & Janna Johnson & Stephan D. Whitaker, 2019. "Internal Migration in the United States: A Comprehensive Comparative Assessment of the Consumer Credit Panel," Working Papers 18-04R, Federal Reserve Bank of Cleveland.
    45. David Amirault & Naveen Rai, 2016. "Canadian Labour Market Dispersion: Mind the (Shrinking) Gap," Staff Analytical Notes 16-3, Bank of Canada.
    46. Christine Braun & Charlie Nusbaum & Peter Rupert, 2021. "Labor Market Dynamics and the Migration Behavior of Married Couples," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 42, pages 239-263, October.
    47. Dodini, Samuel & Lovenheim, Michael & Willén , Alexander, 2021. "Understanding the Decline in Private Sector Unionization: A Skill-based Approach," Discussion Paper Series in Economics 7/2021, Norwegian School of Economics, Department of Economics.
    48. Michael Amior, 2024. "Education and Geographical Mobility: The Role of the Job Surplus," American Economic Journal: Economic Policy, American Economic Association, vol. 16(4), pages 341-381, November.
    49. Gaetano Basso & Giovanni Peri, 2020. "Internal Mobility: The Greater Responsiveness of Foreign-Born to Economic Conditions," Journal of Economic Perspectives, American Economic Association, vol. 34(3), pages 77-98, Summer.
    50. Mary Daly & Bart Hobijn & Aysegul Sahin & Robert Valletta, 2011. "A Rising Natural Rate of Unemployment: Transitory or Permanent?," Tinbergen Institute Discussion Papers 11-160/3, Tinbergen Institute.
    51. Lorenzo CALIENDO & Maximiliano DVORKIN & Fernando PARRO, 2016. "Trade and Labor Market Dynamics," Discussion papers 16050, Research Institute of Economy, Trade and Industry (RIETI).
    52. Henry Hyatt & Erika McEntarfer & Ken Ueda & Alexandria Zhang, 2018. "Interstate Migration and Employer-to-Employer Transitions in the United States: New Evidence From Administrative Records Data," Demography, Springer;Population Association of America (PAA), vol. 55(6), pages 2161-2180, December.
    53. Henry Hyatt & Erika McEntarfer & Ken Ueda & Alexandria Zhang, 2016. "Interstate Migration and Employer-to-Employer Transitions in the U.S.: New Evidence from Administrative Records Data," Working Papers 16-44, Center for Economic Studies, U.S. Census Bureau.
    54. T. Kirk White & Jerome P. Reiter & Amil Petrin, 2012. "Plant-level Productivity and Imputation of Missing Data in U.S. Census Manufacturing Data," NBER Working Papers 17816, National Bureau of Economic Research, Inc.
    55. Catalina Anampa Castro & Katherine Curtis & Jack DeWaard & Elizabeth Fussell & Kathryn McConnell & Kobie Price & Michael Soto & Stephan D. Whitaker, 2021. "Migration as a Vector of Economic Losses from Disaster-Affected Areas in the United States," Working Papers 21-22, Federal Reserve Bank of Cleveland.
    56. Prakash Loungani & Davide Furceri & Mai Dao, 2015. "Regional labor market adjustment in the United States," 2015 Meeting Papers 733, Society for Economic Dynamics.
    57. Ran Spiegler, 2017. "“Data Monkeys”: A Procedural Model of Extrapolation from Partial Statistics," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 84(4), pages 1818-1841.
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  40. Violante, Giovanni & Kaplan, Greg, 2011. "A Model of the Consumption Response to Fiscal Stimulus Payments," CEPR Discussion Papers 8562, C.E.P.R. Discussion Papers.

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    1. Fagereng, Andreas & Onshuus, Helene & Torstensen, Kjersti N., 2024. "The consumption expenditure response to unemployment: Evidence from Norwegian households," Journal of Monetary Economics, Elsevier, vol. 146(C).
    2. Sá, Diogo, 2022. "Liquidity constraints and fiscal multipliers," MPRA Paper 112132, University Library of Munich, Germany.
    3. Daniel Borowczyk-Martins & Etienne Lalé, 2016. "The Welfare Effects of Involuntary Part-Time Work," SciencePo Working papers Main hal-03393194, HAL.
    4. John Bailey Jones & Yue Li, 2022. "Online Appendix to "Social Security Reform with Heterogeneous Mortality"," Online Appendices 21-214, Review of Economic Dynamics.
    5. Marcus Hagedorn, 2016. "A Demand Theory of the Price Level," 2016 Meeting Papers 941, Society for Economic Dynamics.
    6. Poledna, Sebastian & Miess, Michael Gregor & Hommes, Cars & Rabitsch, Katrin, 2023. "Economic forecasting with an agent-based model," European Economic Review, Elsevier, vol. 151(C).
    7. Carroll, Christopher D., 2014. "Representing consumption and saving without a representative consumer," CFS Working Paper Series 464, Center for Financial Studies (CFS).
    8. Atif Mian & Amir Sufi, 2014. "House Price Gains and U.S. Household Spending from 2002 to 2006," NBER Working Papers 20152, National Bureau of Economic Research, Inc.
    9. Slacalek, Jiri & Vogel, Edgar & Ampudia, Miguel & Pavlickova, Akmaral, 2014. "Household heterogeneity in the euro area since the onset of the great recession," Working Paper Series 1705, European Central Bank.
    10. Julia Le Blanc & Jiri Slacalek & Matthew N. White, 2025. "Housing Wealth Across Countries: The Role of Expectations, Institutions and Preferences," CESifo Working Paper Series 11621, CESifo.
    11. Fergus Cumming & Paul Hubert, 2019. "The role of households' borrowing constraints in the transmission of monetary policy," SciencePo Working papers Main hal-03403257, HAL.
    12. Paz-Pardo, Gonzalo, 2021. "Homeownership and portfolio choice over the generations," Working Paper Series 2522, European Central Bank.
    13. Giovanni Gallipoli & Brant Abbott, 2017. ""Permanent Income" Inequality," 2017 Meeting Papers 1033, Society for Economic Dynamics.
    14. Christopher D. Carroll & Edmund Crawley & Håkon Tretvoll, 2023. "Welfare and Spending Effects of Consumption Stimulus Policies," Finance and Economics Discussion Series 2023-002, Board of Governors of the Federal Reserve System (U.S.).
    15. Constantin ANGHELACHE & Mihai Paunica & Gyorgy BODO & Maria MIREA, 2017. "Aspects Of Optimal Monetary And Fiscal Policies," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 65(5), pages 122-138, May.
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    17. Christian Bayer & Alexander Kriwoluzky & Gernot J. Müller & Fabian Seyrich, 2023. "A HANK² Model of Monetary Unions," CRC TR 224 Discussion Paper Series crctr224_2023_449, University of Bonn and University of Mannheim, Germany.
    18. Richard K. Crump & Stefano Eusepi & Andrea Tambalotti & Giorgio Topa, 2015. "Subjective Intertemporal Substitution," Staff Reports 734, Federal Reserve Bank of New York.
    19. Francisco J. Buera & Juan Pablo Nicolini, 2014. "Liquidity Traps and Monetary Policy: Managing a Credit Crunch," Working Papers 714, Federal Reserve Bank of Minneapolis.
    20. Martin Holm & Gisle Natvik & Andreas Fagereng, 2017. "MPC Heterogeneity and Household Balance Sheets," 2017 Meeting Papers 65, Society for Economic Dynamics.
    21. Edouard Challe & Xavier Ragot, 2016. "Precautionary Saving Over the Business Cycle," Economic Journal, Royal Economic Society, vol. 126(590), pages 135-164, February.
    22. Paolo Surico & Clodomiro Ferreira & James Cloyne, 2015. "Housing Debt and the Transmission of Monetary Policy," 2015 Meeting Papers 629, Society for Economic Dynamics.
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    42. Alina K. Bartscher & Moritz Kuhn & Moritz Schularick & Ulrike I. Steins, 2020. "Modigliani Meets Minsky: Inequality, Debt, and Financial Fragility in America, 1950-2016," CESifo Working Paper Series 8273, CESifo.
    43. Dew-Becker, Ian & Nathanson, Charles G., 2019. "Directed attention and nonparametric learning," Journal of Economic Theory, Elsevier, vol. 181(C), pages 461-496.
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    46. Pedro Brinca & Miguel H. Ferreira & Francesco Franco & Hans A. Holter & Laurence Malafry, 2017. "Fiscal Consolidation Programs and Income Inequality," CEF.UP Working Papers 1703, Universidade do Porto, Faculdade de Economia do Porto.
    47. Davide Debortoli & Jordi Galí, 2021. "Idiosyncratic income risk and aggregate fluctuations," Economics Working Papers 1796, Department of Economics and Business, Universitat Pompeu Fabra, revised Jun 2023.
    48. Mitman, Kurt & Krueger, Dirk & Perri, Fabrizio, 2016. "Macroeconomics and Household Heterogeneity," CEPR Discussion Papers 11308, C.E.P.R. Discussion Papers.
    49. Ivan Werning, 2016. "Incomplete Markets and Aggregate Demand," 2016 Meeting Papers 932, Society for Economic Dynamics.
    50. Giovanni L. Violante & Costas Meghir & Giovanni Gallipoli, 2008. "Equilibrium Effects of Education Policies: a Quantitative Evaluation," 2008 Meeting Papers 868, Society for Economic Dynamics.
    51. Daniel Schäfer & Carl Singleton, 2020. "Nominal Wage Adjustments and the Composition of Pay: New Evidence from Payroll Data," Economics working papers 2020-11, Department of Economics, Johannes Kepler University Linz, Austria.
    52. Daria Pignalosa, 2021. "The Euler Equation Approach: Critical Implications of Recent Developments in the Theory of Intertemporal Choice," Bulletin of Political Economy, Bulletin of Political Economy, vol. 15(1), pages 1-43, June.
    53. Asger Lau Andersen & Niels Johannesen & Adam Sheridan, 2021. "Dynamic Spending Responses to Wealth Shocks: Evidence from Quasi-Lotteries on the Stock Market," CESifo Working Paper Series 9184, CESifo.
    54. John Beshears & James J. Choi & Mark Iwry & David John & David Laibson & Brigitte C. Madrian, 2019. "Building Emergency Savings Through Employer-Sponsored Rainy-day Savings Accounts," NBER Working Papers 26498, National Bureau of Economic Research, Inc.
    55. Adrien Auclert, 2017. "Monetary Policy and the Redistribution Channel," NBER Working Papers 23451, National Bureau of Economic Research, Inc.
    56. Minsu Chang, 2023. "Online Appendix to "Changing Marital Transitions and Homeownership Among Young Households"," Online Appendices 21-30, Review of Economic Dynamics.
    57. Jeppe Druedahl & Michael Graber & Thomas H. Jørgensen, 2021. "High Frequency Income Dynamics," CEBI working paper series 21-08, University of Copenhagen. Department of Economics. The Center for Economic Behavior and Inequality (CEBI).
    58. Thomas Hintermaier & Winfried Koeniger, 2018. "Differences in Euro-Area Household Finances and their Relevance for Monetary-Policy Transmission," CESifo Working Paper Series 7088, CESifo.
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    63. Alejandro Justiniano & Giorgio E. Primiceri & Andrea Tambalotti, 2014. "Credit Supply and the Housing Boom," Working Paper Series WP-2014-21, Federal Reserve Bank of Chicago.
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    66. Ramey, Valerie A, 2019. "Ten Years After the Financial Crisis: What Have We Learned from the Renaissance in Fiscal Research?," University of California at San Diego, Economics Working Paper Series qt6cd687wc, Department of Economics, UC San Diego.
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    74. John Grigsby & Erik Hurst, 2019. "Aggregate Nominal Wage Adjustments: New Evidence from Administrative Payroll Data," 2019 Meeting Papers 153, Society for Economic Dynamics.
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    418. Massenot, Baptiste, 2020. "Pain of Paying in a Business Cycle Model," SAFE Working Paper Series 194, Leibniz Institute for Financial Research SAFE, revised 2020.
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    425. Kasper Kragh Balke & Markus Karlman & Karin Kinnerud, 2024. "Down-payment requirements: Implications for portfolio choice and consumption," Working Papers 03/2024, Centre for Household Finance and Macroeconomic Research (HOFIMAR), BI Norwegian Business School.
    426. Serdar Kabaca & Renske Maas & Kostas Mavromatis & Romanos Priftis, 2020. "Optimal Quantitative Easing in a Monetary Union," Staff Working Papers 20-49, Bank of Canada.
    427. Tanisa Tawichsri, 2018. "Consumption Responses and Redistributive Implications of Luxury Durable Tax Rebates," PIER Discussion Papers 99, Puey Ungphakorn Institute for Economic Research, revised Sep 2024.
    428. Silvo, Aino, 2017. "House prices, lending standards, and the macroeconomy," Bank of Finland Research Discussion Papers 4/2017, Bank of Finland.
    429. Christina Patterson, 2022. "The Matching Multiplier and the Amplification of Recessions," Working Papers 22-20, Center for Economic Studies, U.S. Census Bureau.
    430. Karam Shaar & Fang Yao, 2018. "Housing Leverage and Consumption Expenditure - Evidence from New Zealand Microdata," Reserve Bank of New Zealand Discussion Paper Series DP2018/06, Reserve Bank of New Zealand.
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    432. Marios Karabarbounis & Marianna Kudlyak & M. Saif Mehkari & Bill Dupor, 2016. "Government Spending and Consumption at the Zero Lower Bound: Evidence from Household Retail Purchase Data," 2016 Meeting Papers 1463, Society for Economic Dynamics.
    433. Guanlong Ren & John Stachurski, 2018. "Dynamic Programming with Recursive Preferences: Optimality and Applications," Papers 1812.05748, arXiv.org, revised Jun 2020.
    434. Sainsbury, Tristram & Breunig, Robert & Watson, Timothy, 2022. "COVID-19 Private Pension Withdrawals and Unemployment Tenures," IZA Discussion Papers 15399, Institute of Labor Economics (IZA).
    435. David Berger & Joseph Vavra, 2015. "Consumption Dynamics During Recessions," Econometrica, Econometric Society, vol. 83, pages 101-154, January.
    436. Steven Fazzari & James Morley & Irina Panovska, 2013. "State-Dependent Effects of Fiscal Policy," Discussion Papers 2012-27A, School of Economics, The University of New South Wales.
    437. Ragnar Enger Juelsrud & Ella Getz Wold, 2023. "The importance of unemployment risk for individual savings," Working Papers 06/2023, Centre for Household Finance and Macroeconomic Research (HOFIMAR), BI Norwegian Business School.
    438. Walker Ray, 2019. "Monetary Policy and the Limits to Arbitrage: Insights from a New Keynesian Preferred Habitat Model," 2019 Meeting Papers 692, Society for Economic Dynamics.
    439. Vyacheslav Mikhed & Barry Scholnick, 2016. "The Causes of Household Bankruptcy: The Interaction of Income Shocks and Balance Sheets," Working Papers 16-19, Federal Reserve Bank of Philadelphia.
    440. Adem Feto & M. K. Jayamohan & Arnis Vilks, 2023. "Applicability and Accomplishments of DSGE Modeling: A Critical Review," Journal of Business Cycle Research, Springer;Centre for International Research on Economic Tendency Surveys (CIRET), vol. 19(2), pages 213-239, September.
    441. Cars Hommes & Sebastian Poledna, 2023. "Analyzing and forecasting economic crises with an agent-based model of the euro area," Tinbergen Institute Discussion Papers 23-013/II, Tinbergen Institute.
    442. Guillermo Cabanillas-Jiménez, 2021. "Testing the Permanent Income Hypothesis using the Spanish Christmas Lottery," Studies in Economics 2104, School of Economics, University of Kent.
    443. Yasue Hakata, 2022. "Do People Smooth their After-Tax Income? Evidence from Japanese Local Tax," Bulletin of Applied Economics, Risk Market Journals, vol. 9(2), pages 147-158.
    444. Serdar Birinci & Miguel Faria-e-Castro & Kurt See, 2024. "Dissecting the Great Retirement Boom," Working Papers 2024-017, Federal Reserve Bank of St. Louis, revised 21 Mar 2025.
    445. Michael Boutros & Andrej Mijakovic, 2024. "The Macroeconomic Implications of Coholding," Staff Working Papers 24-16, Bank of Canada.
    446. Carlos Garriga & Aaron Hedlund, 2019. "Crises in the Housing Market: Causes, Consequences, and Policy Lessons," Working Papers 2019-33, Federal Reserve Bank of St. Louis.
    447. Bilbiie, F. O. & Galaasen, S. M. & Gurkayna, R. S. & Maehlum, M. & Molnar, K, 2025. "Hanksson," Janeway Institute Working Papers 2507, Faculty of Economics, University of Cambridge.
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    452. Zhang, Yiran, 2021. "Quantitative Assessment on Frictions in Technology Market," MPRA Paper 109470, University Library of Munich, Germany.
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  41. Mark Huggett & Greg Kaplan, 2010. "Human capital values and returns: bounds implied by earnings and asset returns data," Staff Report 448, Federal Reserve Bank of Minneapolis.

    Cited by:

    1. Giovanni Gallipoli & Brant Abbott, 2017. ""Permanent Income" Inequality," 2017 Meeting Papers 1033, Society for Economic Dynamics.
    2. Fatih Guvenen & Greg Kaplan & Jae Song & Justin Weidner, 2017. "Lifetime Incomes in the United States over Six Decades," NBER Working Papers 23371, National Bureau of Economic Research, Inc.
    3. Stefanie Stantcheva, 2015. "Optimal Taxation and Human Capital Policies over the Life Cycle," NBER Working Papers 21207, National Bureau of Economic Research, Inc.
    4. Xie, Runli, 2011. "Human capital formation on skill-specific labor markets," SFB 649 Discussion Papers 2011-011, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk.
    5. Mark Huggett & Greg Kaplan, 2012. "The Money Value of a Man," PIER Working Paper Archive 12-014, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    6. Corbae, Dean & Marimon, Ramon, 2011. "Introduction to Incompleteness and Uncertainty in Economics," Journal of Economic Theory, Elsevier, vol. 146(3), pages 775-784, May.
    7. Eshaghnia, Sadegh S. M. & Heckman, James J. & Landersø, Rasmus & Qureshi, Rafeh, 2022. "Intergenerational Transmission of Family Influence," IZA Discussion Papers 15504, Institute of Labor Economics (IZA).
    8. Jan Voelzke & Jeanne Diesteldorf & Fabian Goessling & Till Weigt, 2017. "Investors' favourite - A different look at valuing individual labour income," CQE Working Papers 6017, Center for Quantitative Economics (CQE), University of Muenster.
    9. Florin Paul Costel LILEA & Alexandru MANOLE & Maria MIREA & Andreea - Ioana MARINESCU, 2017. "Models Of Development Of Labour Productivity Forecast," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 65(4), pages 107-114, April.
    10. Mark Huggett & Greg Kaplan, 2016. "How Large is the Stock Component of Human Capital?," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 22, pages 21-51, October.
    11. J. Voelzke, 2016. "Individual labour income, stock prices and whom it may concern," Applied Economics Letters, Taylor & Francis Journals, vol. 23(13), pages 965-968, September.
    12. Dirk Krueger & Chunzan Wu, 2025. "Taxes on Lifetime Income: A Good Idea?," PIER Working Paper Archive 25-011, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    13. Voelzke, Jan & Gößling, Fabian & Diesteldorf, Jeanne & Weigt, Till, 2017. "Investors' favourite - A different look at valuing individual labour income," VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking 168065, Verein für Socialpolitik / German Economic Association.
    14. Madalina-Gabriela ANGHEL & Constantin ANGHELACHE & Georgiana NITA & Tudor SAMSON, 2017. "Human Resource Forecasting Models," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 65(4), pages 87-98, April.

  42. Greg Kaplan, 2010. "Moving back home: insurance against labor market risk," Staff Report 449, Federal Reserve Bank of Minneapolis.

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    1. Francesco Scervini & Serena Trucchi, 2022. "Intergenerational Precautionary Savings in Europe," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 84(2), pages 427-450, April.
    2. Doepke, Matthias & Tertilt, Michèle, 2016. "Families in Macroeconomics," IZA Discussion Papers 9802, Institute of Labor Economics (IZA).
    3. Dyrda, Sebastian & Kaplan, Greg & Ríos-Rull, José-Víctor, 2024. "Living arrangements and labor market volatility of young workers," Journal of Economic Dynamics and Control, Elsevier, vol. 169(C).
    4. Maria Concetta Chiuri & Daniela Del Boca, 2009. "Home-leaving Decision of Daughters and Sons," Carlo Alberto Notebooks 136, Collegio Carlo Alberto.
    5. Grevenbrock, Nils & Ludwig, Alexander & Siassi, Nawid, 2023. "Homeownership Rates, Housing Policies, and Co-Residence Decisions," CEPR Discussion Papers 18305, C.E.P.R. Discussion Papers.
    6. Paula Garda & Volker Ziemann, 2014. "Economic Policies and Microeconomic Stability: A Literature Review and Some Empirics," OECD Economics Department Working Papers 1115, OECD Publishing.
    7. Gatskova, Kseniia & Kozlov, Vladimir, 2019. "Doubling Up or Moving Out? The Effect of International Labour Migration on Household Size," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 58(2), pages 162-179.
    8. Del Boca, Daniela & Flinn, Christopher J & Verriest, Ewout & Wiswall, Matthew, 2023. "Parenting with Patience: Parental Incentives and Child Development," CEPR Discussion Papers 18424, C.E.P.R. Discussion Papers.
    9. Emily E. Wiemers, 2017. "The Celtic Tiger and home leaving among Irish young adults," Review of Economics of the Household, Springer, vol. 15(1), pages 199-222, March.
    10. Aviv Nevo & Arlene Wong, 2015. "The Elasticity of Substitution Between Time and Market Goods: Evidence from the Great Recession," NBER Working Papers 21318, National Bureau of Economic Research, Inc.
    11. Barczyk, Daniel & Kredler, Matthias, 2021. "Blast from the past: The altruism model is richer than you think," Journal of Economic Theory, Elsevier, vol. 198(C).
    12. Matthias Kredler & Daniel Barczyk, 2009. "A Dynamic Model of Altruistically-Motivated Transfers," 2009 Meeting Papers 573, Society for Economic Dynamics.
    13. Gihleb, Rania & Giuntella, Osea & Lonsky, Jakub, 2023. "Dreaming of leaving the nest? Immigration status and the living arrangements of DACAmented," European Economic Review, Elsevier, vol. 156(C).
    14. Felicia Ionescu & Nicole B. Simpson, 2014. "Default Risk and Private Student Loans: Implications for Higher Education Policies," Finance and Economics Discussion Series 2014-66, Board of Governors of the Federal Reserve System (U.S.).
    15. Yilan Xu, 2020. "Foreclosed American Dream? Parental Foreclosure and Young Adult Children’s Homeownership," Journal of Family and Economic Issues, Springer, vol. 41(3), pages 458-471, September.
    16. Deborah Cobb-Clark & Tue Gørgens, 2014. "Parents’ economic support of young-adult children: do socioeconomic circumstances matter?," Journal of Population Economics, Springer;European Society for Population Economics, vol. 27(2), pages 447-471, April.
    17. Jordan D. Matsudaira, 2016. "Economic conditions and the living arrangements of young adults: 1960 to 2011," Journal of Population Economics, Springer;European Society for Population Economics, vol. 29(1), pages 167-195, January.
    18. Serena Rhee & Fatih Karahan, 2015. "Population Aging, Migration Spillovers and the Decline in Interstate Migration," 2015 Meeting Papers 1177, Society for Economic Dynamics.
    19. Plamen Nemov, 2015. "Online Appendix to "Regional Reallocation and Housing Markets in a Model of Frictional Migration"," Online Appendices 14-22, Review of Economic Dynamics.
    20. Kseniya Abanokova & Michael Lokshin, 2013. "Changes in household composition as a shock-mitigating strategy," HSE Working papers WP BRP 38/EC/2013, National Research University Higher School of Economics.
    21. Enzo A. Cerletti & Josep Pijoan-Mas, 2012. "Durable Goods, Borrowing Constraints and Consumption Insurance," Working Papers wp2012_1206, CEMFI.
    22. Laurine Martinoty, 2014. "Intra-Household Coping Mechanisms in Hard Times: the Added Worker Effect in the 2001 Argentine Economic Crisis," Post-Print halshs-01076566, HAL.
    23. Lance Lochner & Todd Stinebrickner & Utku Suleymanoglu, 2018. "Parental Support, Savings and Student Loan Repayment," University of Western Ontario, Centre for Human Capital and Productivity (CHCP) Working Papers 20182, University of Western Ontario, Centre for Human Capital and Productivity (CHCP).
    24. Moritz Kuhn & Sebastian Koehne, 2012. "Should unemployment insurance be asset-tested?," 2012 Meeting Papers 850, Society for Economic Dynamics.
    25. Olivier Donni & Eliane El Badaoui, 2023. "Labor supply in the extended household: Economies of scale, self-selection, and the intra-household distribution of resources in South Africa," Post-Print hal-04264635, HAL.
    26. Pinka Chatterji & Xiangshi Liu & Baris K. Yoruk, 2017. "Health Insurance and the Boomerang Generation: Did the 2010 ACA Dependent Care Provision affect Geographic Mobility and Living Arrangements among Young Adults?," NBER Working Papers 23700, National Bureau of Economic Research, Inc.
    27. Dionissi Aliprantis & Daniel R. Carroll & Eric Young, 2019. "The Dynamics of the Racial Wealth Gap," Working Papers 19-18R, Federal Reserve Bank of Cleveland, revised 29 Nov 2022.
    28. Luca Pensieroso & Alessandro Sommacal & Gaia Spolverini, 2021. "Intergenerational Coresidence and the Covid-19 Pandemic in the United States," LIDAM Discussion Papers IRES 2021013, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    29. Albanesi, Stefania & Gihleb, Rania & Zhang, Ning, 2022. "Boomerang College Kids: Unemployment, Job Mismatch and Coresidence," IZA Discussion Papers 15507, Institute of Labor Economics (IZA).
    30. Sebastian Dyrda & Greg Kaplan & José-Víctor Ríos-Rull, 2012. "Business Cycles and Household Formation: The Micro vs the Macro Labor Elasticity," NBER Working Papers 17880, National Bureau of Economic Research, Inc.
    31. Thomas TB Baudin & Bram De Rock & Paula Eugenia Gobbi, 2023. "Economics and Family Structures," ULB Institutional Repository 2013/362107, ULB -- Universite Libre de Bruxelles.
    32. Fradkin, Andrey & Panier, Frédéric & Tojerow, Ilan, 2015. "Blame the Parents? How Financial Incentives Affect Labor Supply and Job Quality for Young Adults," IZA Discussion Papers 9304, Institute of Labor Economics (IZA).
    33. Heeju Sohn, 2019. "Fraying Families: Demographic Divergence in the Parental Safety Net," Demography, Springer;Population Association of America (PAA), vol. 56(4), pages 1519-1540, August.
    34. Brindusa Anghel & Henrique Basso & Olympia Bover & José María Casado & Laura Hospido & Mario Izquierdo & Ivan A. Kataryniuk & Aitor Lacuesta & José Manuel Montero & Elena Vozmediano, 2018. "Income, consumption andwealth inequality in Spain," Occasional Papers 1806, Banco de España.
    35. Abigail Loxton, 2019. "Gender Differences in Inter Vivos Transfers," CAEPR Working Papers 2019-002, Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington.
    36. Neumuller, Seth, 2015. "Inter-industry wage differentials revisited: Wage volatility and the option value of mobility," Journal of Monetary Economics, Elsevier, vol. 76(C), pages 38-54.
    37. Corina Boar, 2021. "Dynastic Precautionary Savings [“Deconstructing Life Cycle Expenditure”]," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 88(6), pages 2735-2765.
    38. Jonathan Heathcote & Kjetil Storesletten & Giovanni L. Violante, 2009. "Quantitative Macroeconomics with Heterogeneous Households," NBER Working Papers 14768, National Bureau of Economic Research, Inc.
    39. Gyöngyösi, Győző & Rariga, Judit & Verner, Emil, 2022. "The anatomy of consumption in a household foreign currency debt crisis," Working Paper Series 2733, European Central Bank.
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    140. Da Zhao & Jingyuan Guo & Hong Zou & Ze Song, 2022. "From Price to Gain: The Evolution of Household Income Volatility and Consumption Insurance in Urban China," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 30(6), pages 113-136, November.
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    143. Mariacristina De Nardi & Giulio Fella & Gonzalo Paz-Pardo, 2020. "Nonlinear Household Earnings Dynamics, Self-Insurance, and Welfare," Journal of the European Economic Association, European Economic Association, vol. 18(2), pages 890-926.
    144. Andrés Erosa & Luisa Fuster & Gueorgui Kambourov, 2016. "Towards a Micro-Founded Theory of Aggregate Labour Supply," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 83(3), pages 1001-1039.
    145. Corina Boar, 2020. "Dynastic Precautionary Savings," NBER Working Papers 26635, National Bureau of Economic Research, Inc.
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    147. Bulent Guler, 2010. "Innovations in Information Technology and the Mortgage Market," 2010 Meeting Papers 856, Society for Economic Dynamics.
    148. Taehyun Ahn & Chung Gu Chee & Seonghoon Kim, 2021. "The Evolution of Income Risk and Consumption Insurance in South Korea over the Last Two Decades," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 83(2), pages 328-351, April.
    149. Fatih Guvenen & Fatih Karahan & Serdar Ozkan, 2018. "Consumption and Savings Under Non-Gaussian Income Risk," 2018 Meeting Papers 314, Society for Economic Dynamics.
    150. Mowlaei , Mohammad & Intezar , Aburaihan, 2019. "The Effects of Social Characteristics of Iranian Households on Food Consumption Expenditures," Journal of Money and Economy, Monetary and Banking Research Institute, Central Bank of the Islamic Republic of Iran, vol. 14(4), pages 555-572, October.
    151. Yunho Cho & Aarti Singh & James Morley, 2019. "Household Balance Sheets and Consumption Responses to Income Shocks," 2019 Meeting Papers 788, Society for Economic Dynamics.
    152. Rodolfo G. Campos & Iliana Reggio, 2013. "Measurement error in imputation procedures," Working Papers 1322, Banco de España.
    153. Swapnil Singh, 2018. "Public insurance of married versus single households in the US: trends and welfare consequences," Bank of Lithuania Working Paper Series 54, Bank of Lithuania.
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  44. Greg Kaplan, 2009. "Boomerang kids: labor market dynamics and moving back home," Working Papers 675, Federal Reserve Bank of Minneapolis.

    Cited by:

    1. Gatskova, Kseniia & Kozlov, Vladimir, 2019. "Doubling Up or Moving Out? The Effect of International Labour Migration on Household Size," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 58(2), pages 162-179.
    2. MAZZOTTA, Fernanda & PARISI, Lavinia, 2017. "What are the Role of Economic Factors in Determining Leaving and Returning to the Parental Home in Europe During the Crisis? Technical Details," CELPE Discussion Papers 151, CELPE - CEnter for Labor and Political Economics, University of Salerno, Italy.
    3. Kseniya Abanokova & Michael Lokshin, 2013. "Changes in household composition as a shock-mitigating strategy," HSE Working papers WP BRP 38/EC/2013, National Research University Higher School of Economics.

  45. Lorraine Dearden & Emla Fitzsimons & Alissa Goodman & Greg Kaplan, 2008. "The effects of higher education funding reforms on the lifetime incomes of graduates," CEE Discussion Papers 0078, Centre for the Economics of Education, LSE.

    Cited by:

    1. Asplund, Rita & Ben-Abdelkarim, Oussama & Skalli, Ali, 2007. "An Equity Perspective on Access to, Enrolment in and Finance of Tertiary Education," Discussion Papers 1098, The Research Institute of the Finnish Economy.

  46. Gianluca Violante & Greg Kaplan, 2008. "How Much Insurance in Bewley Models?," 2008 Meeting Papers 522, Society for Economic Dynamics.

    Cited by:

    1. Stéphane Bonhomme & Jean-Marc Robin, 2010. "Generalized Non-Parametric Deconvolution with an Application to Earnings Dynamics," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 77(2), pages 491-533.
    2. Jonathan Heathcote & Fabrizio Perri & Giovanni L. Violante, 2010. "Unequal We Stand: An Empirical Analysis of Economic Inequality in the United States: 1967-2006," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 13(1), pages 15-51, January.
    3. Jonathan Heathcote & Kjetil Storesletten & Giovanni L. Violante, 2009. "Quantitative Macroeconomics with Heterogeneous Households," NBER Working Papers 14768, National Bureau of Economic Research, Inc.
    4. Fabrizio Perri & Dirk Krueger, 2009. "How does Household Consumption Respond to Income Shocks?," 2009 Meeting Papers 14, Society for Economic Dynamics.
    5. José María Casado García, 2008. "From Income to Consumption: Measuring Households Partial Insurance," Working Papers 2008-09, FEDEA.

  47. Lorraine Dearden & Emla Fitzsimons & Alissa Goodman & Greg Kaplan, 2007. "Higher education funding reforms in England: the distributional effects and the shifting balance of costs," IFS Working Papers W07/18, Institute for Fiscal Studies.

    Cited by:

    1. Darragh Flannery & Cathal O’Donoghue, 2011. "The Life-cycle Impact of Alternative Higher Education Finance Systems in Ireland," The Economic and Social Review, Economic and Social Studies, vol. 42(3), pages 237-270.
    2. Nicholas Barr & Alison Johnston, 2010. "Interest Subsidies on Student Loans: A Better Class of Drain," CEE Discussion Papers 0114, Centre for the Economics of Education, LSE.
    3. Jonneke Bolhaar & Sonny Kuijpers & Dinand Webbink & Maria Zumbuehl, 2023. "Does replacing grants by income-contingent loans harm enrolment? New evidence from a reform in Dutch higher education," CPB Discussion Paper 451, CPB Netherlands Bureau for Economic Policy Analysis.
    4. Brendan K. Beare, 2010. "Copulas and Temporal Dependence," Econometrica, Econometric Society, vol. 78(1), pages 395-410, January.
    5. Stefanie Stantcheva, 2015. "Optimal Taxation and Human Capital Policies over the Life Cycle," NBER Working Papers 21207, National Bureau of Economic Research, Inc.
    6. Gustavo Mellior, 2020. "Higher education funding, welfare and inequality in equilibrium," Studies in Economics 2005, School of Economics, University of Kent.
    7. Stephen Machin & Richard Murphy, 2017. "Paying out and crowding out? The globalization of higher education," Journal of Economic Geography, Oxford University Press, vol. 17(5), pages 1075-1110.
    8. Chevalier, Arnaud, 2011. "Subject Choice and Earnings of UK Graduates," IZA Discussion Papers 5652, Institute of Labor Economics (IZA).
    9. Lorraine Dearden & Emla Fitzsimons & Gill Wyness, 2013. "Money for nothing: estimating the impact of student aid on participation in Higher Education," DoQSS Working Papers 13-04, Quantitative Social Science - UCL Social Research Institute, University College London.
    10. Migali, Giuseppe, 2006. "Funding Higher Education and Wage Uncertainty: Income Contingent Loan versus Mortgage Loan," Economic Research Papers 269745, University of Warwick - Department of Economics.
    11. Barr, Nicholas, 2009. "Financing higher education: lessons from economic theory and reform in England," LSE Research Online Documents on Economics 30873, London School of Economics and Political Science, LSE Library.
    12. Yan Ji, 2017. "Job Search under Debt: Aggregate Implications of Student Loans," 2017 Meeting Papers 222, Society for Economic Dynamics.
    13. Lorraine Dearden & Emla Fitzsimons & Gill Wyness, 2011. "The impact of tuition fees and support on university participation in the UK," IFS Working Papers W11/17, Institute for Fiscal Studies.
    14. Peter Dolton & Li Lin, 2011. "From Grants to Loans and Fees: The Demand for Post-Compulsory Education in England and Wales from 1955 to 2008," CEE Discussion Papers 0127, Centre for the Economics of Education, LSE.
    15. Antonio Cabrales & Maia Güell & Rocio Madera & Analía Viola, 2019. "Income contingent university loans: Policy design and an application to Spain," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 34(99), pages 479-521.
    16. Barr, Nicholas & Johnston, Alison, 2010. "Interest subsidies on student loans: a better class of drain," LSE Research Online Documents on Economics 28287, London School of Economics and Political Science, LSE Library.
    17. Neil Shephard, 2013. "Inference and forecasting in the age-period-cohort model with unknown exposure with an application to mesothelioma mortality," Economics Papers 2013-W06, Economics Group, Nuffield College, University of Oxford.
    18. McGuinness, Seamus & Bergin, Adele & Kelly, Elish & McCoy, Selina & Smyth, Emer & Timoney, Kevin, 2012. "A Study of Future Demand for Higher Education in Ireland," Research Series, Economic and Social Research Institute (ESRI), number RS30.
    19. Tim Callan & Tim Smeeding & Panos Tsakloglou, 2008. "Short-run distributional effects of public education transfers to tertiary education students in seven European countries," Education Economics, Taylor & Francis Journals, vol. 16(3), pages 275-288.
    20. Britton, Jack & van der Erve, Laura & Higgins, Tim, 2019. "Income contingent student loan design: Lessons from around the world," Economics of Education Review, Elsevier, vol. 71(C), pages 65-82.
    21. Hügle, Dominik, 2020. "Higher education funding in Germany: A distributional lifetime perspective," Discussion Papers 2021/1, Free University Berlin, School of Business & Economics.
    22. Skardaa, Ieva & Asaria, Miqdad & Cookson, Richard, 2022. "Evaluating childhood policy impacts on lifetime health, wellbeing and inequality: lifecourse distributional economic evaluation," LSE Research Online Documents on Economics 114575, London School of Economics and Political Science, LSE Library.
    23. Brendan K. Beare & Juwon Seo, 2015. "Vine Copula Specifications for Stationary Multivariate Markov Chains," Journal of Time Series Analysis, Wiley Blackwell, vol. 36(2), pages 228-246, March.
    24. Cormac O'Dea & Ian Preston, 2012. "The distributional impact of public spending in the UK," IFS Working Papers W12/06, Institute for Fiscal Studies.
    25. Koksharov, V. A. & Agarkov, G. A., 2015. "Analysis of Economic Motives in the Individual Choice of Educational Paths," R-Economy, Ural Federal University, Graduate School of Economics and Management, vol. 1(1), pages 153-159.
    26. Ji, Yan, 2021. "Job Search under Debt: Aggregate Implications of Student Loans," Journal of Monetary Economics, Elsevier, vol. 117(C), pages 741-759.
    27. Sevilla, Almudena & Borra, Cristina, 2015. "Parental Time Investments in Children: The Role of Competition for University Places in the UK," IZA Discussion Papers 9168, Institute of Labor Economics (IZA).
    28. Constantin ANGHELACHE & Emilia GOGU & Madalina-Gabriela ANGHEL, 2017. "The Analysis Of The Offer Of University Education System," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 65(4), pages 168-197, April.
    29. Patton, Andrew J., 2012. "A review of copula models for economic time series," Journal of Multivariate Analysis, Elsevier, vol. 110(C), pages 4-18.
    30. Patton, Andrew, 2013. "Copula Methods for Forecasting Multivariate Time Series," Handbook of Economic Forecasting, in: G. Elliott & C. Granger & A. Timmermann (ed.), Handbook of Economic Forecasting, edition 1, volume 2, chapter 0, pages 899-960, Elsevier.
    31. Antonio Cabrales & Maia Güell & Rocio Madera & Analia Viola, 2024. "University financing: sustainability, efficiency and redistribution," Policy Papers 2024-01, FEDEA.
    32. Jack Britton & Neil Shephard & Laura van der Erve, 2019. "Econometrics of valuing income contingent student loans using administrative data: groups of English students," IFS Working Papers W19/04, Institute for Fiscal Studies.

  48. Kaplan, Greg & Goodman, Alissa, 2004. "Understanding the Effects of Early Motherhood in Britain: the Effects on Mothers," Economic Research Papers 269600, University of Warwick - Department of Economics.

    Cited by:

    1. Patrício Tavares, Lara, 2010. "Who delays childbearing? The relationships between fertility, education and personality traits," ISER Working Paper Series 2010-17, Institute for Social and Economic Research.
    2. Agnieszka Bałanda-Bałdyga & Anna Bogusława Pilewska-Kozak & Celina Łepecka-Klusek & Grażyna Stadnicka & Beata Dobrowolska, 2020. "Attitudes of Teenage Mothers towards Pregnancy and Childbirth," IJERPH, MDPI, vol. 17(4), pages 1-10, February.
    3. Claudia Hupkau & Marion Leturcq, 2017. "Fertility and mothers' labor supply: new evidence using time-to-conception," CEP Discussion Papers dp1463, Centre for Economic Performance, LSE.
    4. Marco Francesconi, 2008. "Adult Outcomes for Children of Teenage Mothers," Scandinavian Journal of Economics, Wiley Blackwell, vol. 110(1), pages 93-117, March.
    5. Dylan Kneale & Ruth Lupton, 2010. "Are there neighbourhood effects on teenage parenthood in the UK, and does it matter for policy? A review of theory and evidence," CASE Papers case141, Centre for Analysis of Social Exclusion, LSE.
    6. Mariana Gerstenblüth & Zuleika Ferre & Máximo Rossi & Patricia Triunfo, 2009. "Impacto de la maternidad adolescente en los logros educativos," Documentos de Trabajo (working papers) 0509, Department of Economics - dECON.
    7. Guyonne Kalb & Trinh Le & Felix Leung, 2014. "Outcomes for Teenage Mothers in the First Years after Birth," Melbourne Institute Working Paper Series wp2014n06, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne.
    8. Bingley Paul & Walker Ian & Zhu Yu, 2005. "Education, Work and Wages in the UK," German Economic Review, De Gruyter, vol. 6(3), pages 395-414, August.
    9. Rafael Novella & Laura Ripani, 2016. "Are you (not) expecting? The unforeseen benefits of job training on teenage pregnancy," IZA Journal of Labor & Development, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 5(1), pages 1-18, December.
    10. Rosenbaum, Philip, 2020. "Does early childbearing matter? New approach using Danish register data," Labour Economics, Elsevier, vol. 65(C).
    11. Adam Ashcraft & Iván Fernández‐Val & Kevin Lang, 2013. "The Consequences of Teenage Childbearing: Consistent Estimates When Abortion Makes Miscarriage Non‐random," Economic Journal, Royal Economic Society, vol. 123, pages 875-905, September.
    12. Ian Walker & Yu Zhu, 2009. "The Causal Effect of Teen Motherhood on Worklessness," Studies in Economics 0917, School of Economics, University of Kent.
    13. Kyla Ellis-Sloan, 2014. "Teenage Mothers, Stigma and Their ‘Presentations of Self’," Sociological Research Online, , vol. 19(1), pages 16-28, February.
    14. Kevin Lang & Russell Weinstein, 2013. "The Consequences of Teenage Childbearing Before Roe v Wade," NBER Working Papers 19627, National Bureau of Economic Research, Inc.
    15. Zuleika Ferre & Mariana Gerstenblüth & Máximo Rossi & Patricia Triunfo, 2009. "Decisión sobre iniciación sexual: el caso de adolescentes uruguayas," Documentos de Trabajo (working papers) 0409, Department of Economics - dECON.

Articles

  1. Giovanni L. Violante & Greg Kaplan, 2022. "The Marginal Propensity to Consume in Heterogeneous Agent Models," Annual Review of Economics, Annual Reviews, vol. 14(1), pages 747-775, August.
    See citations under working paper version above.
  2. Fatih Guvenen & Greg Kaplan & Jae Song & Justin Weidner, 2022. "Lifetime Earnings in the United States over Six Decades," American Economic Journal: Applied Economics, American Economic Association, vol. 14(4), pages 446-479, October.

    Cited by:

    1. Bick, Alexander & Blandin, Adam & Rogerson, Richard, 2024. "After 40 Years, How Representative Are Labor Market Outcomes in the NLSY79?," CEPR Discussion Papers 19046, C.E.P.R. Discussion Papers.
    2. Fatih Guvenen & Serdar Ozkan & Rocio Madera, 2024. "Consumption Dynamics and Welfare Under Non-Gaussian Earnings Risk," NBER Working Papers 32298, National Bureau of Economic Research, Inc.
    3. Richard Blundell & Christopher Bollinger & Charles Hokayem & James P. Ziliak, 2024. "Interpreting cohort profiles of lifecycle earnings volatility," IFS Working Papers W24/14, Institute for Fiscal Studies.
    4. Karger, Ezra & Wray, Anthony, 2024. "The Black–white lifetime earnings gap," Explorations in Economic History, Elsevier, vol. 94(C).
    5. César Urquizo Ubillús, 2025. "Lifetime Hours Inequality and Occupational Choice," Working Papers 208, Peruvian Economic Association.
    6. Audoly, Richard & McGee, Rory & Ocampo Díaz, Sergio & Paz Pardo, Gonzalo, 2024. "The life-cycle dynamics of wealth mobility," CLEF Working Paper Series 68, Canadian Labour Economics Forum (CLEF), University of Waterloo.
    7. Martinez, Tomás R. & Martins-Neto, Antonio & Mello, Ursula, 2025. "Gender and Top Lifetime Earnings Inequality: Ten New Facts from Brazil," IZA Discussion Papers 17602, Institute of Labor Economics (IZA).
    8. Alexander Bick & Adam Blandin & Richard Rogerson, 2024. "Hours Worked and Lifetime Earnings Inequality," NBER Working Papers 32997, National Bureau of Economic Research, Inc.
    9. Aurel Mélard & Simon Rabaté & Maxime Tô, 2024. "Hidden redistribution in lifetime earnings: the role of differential mortality," IFS Working Papers W24/44, Institute for Fiscal Studies.

  3. Andreas Fuster & Greg Kaplan & Basit Zafar, 2021. "What Would You Do with $500? Spending Responses to Gains, Losses, News, and Loans [The Spending and Debt Response to Minimum Wage Hikes]," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 88(4), pages 1760-1795.
    See citations under working paper version above.
  4. Fatih Guvenen & Greg Kaplan & Jae Song, 2021. "The Glass Ceiling and the Paper Floor: Changing Gender Composition of Top Earners since the 1980s," NBER Macroeconomics Annual, University of Chicago Press, vol. 35(1), pages 309-373.

    Cited by:

    1. Buda, G. & Carvalho, V. M. & Hansen, S. & Mora, J. V. R. & Ortiz, A. & Rodrigo, T., 2022. "National Accounts in a World of Naturally Occurring Data: A Proof of Concept for Consumption," Cambridge Working Papers in Economics 2244, Faculty of Economics, University of Cambridge.
    2. Drechsel-Grau, Moritz & Peichl, Andreas & Schmieden, Johannes & Schmid, Kai D. & Walz, Hannes & Wolter, Stefanie, 2022. "Inequality and Income Dynamics in Germany," IZA Discussion Papers 15115, Institute of Labor Economics (IZA).
    3. Campanale, Claudio & Fernández-Bastidas, Rocío, 2023. "Top earners: A labor productivity process," Economics Letters, Elsevier, vol. 229(C).
    4. Paola Sapienza, 2020. "Comment on "The Glass Ceiling and the Paper Floor: Changing Gender Composition of Top Earners since the 1980s"," NBER Chapters, in: NBER Macroeconomics Annual 2020, volume 35, pages 374-380, National Bureau of Economic Research, Inc.
    5. Fatih Guvenen & Luigi Pistaferri & Giovanni L. Violante, 2022. "Global trends in income inequality and income dynamics: New insights from GRID," Quantitative Economics, Econometric Society, vol. 13(4), pages 1321-1360, November.
    6. Paul Goldsmith‐Pinkham & Kelly Shue, 2023. "The Gender Gap in Housing Returns," Journal of Finance, American Finance Association, vol. 78(2), pages 1097-1145, April.
    7. Campanale Claudio & Rocio Fernandez-Bastidas, 2022. "Top Earners: a Labor Productivity Process," Working papers 074, Department of Economics, Social Studies, Applied Mathematics and Statistics (Dipartimento di Scienze Economico-Sociali e Matematico-Statistiche), University of Torino.

  5. Bond, Steve & Hashemi, Arshia & Kaplan, Greg & Zoch, Piotr, 2021. "Some unpleasant markup arithmetic: Production function elasticities and their estimation from production data," Journal of Monetary Economics, Elsevier, vol. 121(C), pages 1-14.
    See citations under working paper version above.
  6. Greg Kaplan & Kurt Mitman & Giovanni L. Violante, 2020. "The Housing Boom and Bust: Model Meets Evidence," Journal of Political Economy, University of Chicago Press, vol. 128(9), pages 3285-3345.
    See citations under working paper version above.
  7. Felipe Alves & Greg Kaplan & Benjamin Moll & Giovanni L. Violante, 2020. "A Further Look at the Propagation of Monetary Policy Shocks in HANK," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 52(S2), pages 521-559, December.
    See citations under working paper version above.
  8. Kaplan, Greg & Mitman, Kurt & Violante, Giovanni L., 2020. "Non-durable consumption and housing net worth in the Great Recession: Evidence from easily accessible data," Journal of Public Economics, Elsevier, vol. 189(C).
    See citations under working paper version above.
  9. Greg Kaplan & Guido Menzio & Leena Rudanko & Nicholas Trachter, 2019. "Relative Price Dispersion: Evidence and Theory," American Economic Journal: Microeconomics, American Economic Association, vol. 11(3), pages 68-124, August.
    See citations under working paper version above.
  10. SeHyoun Ahn & Greg Kaplan & Benjamin Moll & Thomas Winberry & Christian Wolf, 2018. "When Inequality Matters for Macro and Macro Matters for Inequality," NBER Macroeconomics Annual, University of Chicago Press, vol. 32(1), pages 1-75.
    See citations under working paper version above.
  11. Greg Kaplan & Gianni La Cava & Tahlee Stone, 2018. "Household Economic Inequality in Australia," The Economic Record, The Economic Society of Australia, vol. 94(305), pages 117-134, June.
    See citations under working paper version above.
  12. Greg Kaplan & Sam Schulhofer-Wohl, 2018. "The Changing (Dis-)utility of Work," Journal of Economic Perspectives, American Economic Association, vol. 32(3), pages 239-258, Summer.
    See citations under working paper version above.
  13. Greg Kaplan & Benjamin Moll & Giovanni L. Violante, 2018. "Monetary Policy According to HANK," American Economic Review, American Economic Association, vol. 108(3), pages 697-743, March.
    See citations under working paper version above.
  14. Greg Kaplan & Giovanni L. Violante, 2018. "Microeconomic Heterogeneity and Macroeconomic Shocks," Journal of Economic Perspectives, American Economic Association, vol. 32(3), pages 167-194, Summer.
    See citations under working paper version above.
  15. Greg Kaplan & Sam Schulhofer‐Wohl, 2017. "Understanding The Long‐Run Decline In Interstate Migration," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 58(1), pages 57-94, February.
    See citations under working paper version above.
  16. Fatih Guvenen & Greg Kaplan, 2017. "Top Income Inequality in the 21st Century: Some Cautionary Notes," Quarterly Review, Federal Reserve Bank of Minneapolis, issue October, pages 2-15.
    See citations under working paper version above.
  17. Kaplan, Greg & Schulhofer-Wohl, Sam, 2017. "Inflation at the household level," Journal of Monetary Economics, Elsevier, vol. 91(C), pages 19-38.
    See citations under working paper version above.
  18. Greg Kaplan & Guido Menzio, 2016. "Shopping Externalities and Self-Fulfilling Unemployment Fluctuations," Journal of Political Economy, University of Chicago Press, vol. 124(3), pages 771-825.
    See citations under working paper version above.
  19. Mark Huggett & Greg Kaplan, 2016. "How Large is the Stock Component of Human Capital?," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 22, pages 21-51, October.
    See citations under working paper version above.
  20. Greg Kaplan & Guido Menzio, 2015. "The Morphology Of Price Dispersion," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 56(4), pages 1165-1206, November.
    See citations under working paper version above.
  21. Greg Kaplan & Giovanni L. Violante & Justin Weidner, 2014. "The Wealthy Hand-to-Mouth," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 45(1 (Spring), pages 77-153.
    See citations under working paper version above.
  22. Greg Kaplan & Giovanni L. Violante, 2014. "A Tale of Two Stimulus Payments: 2001 versus 2008," American Economic Review, American Economic Association, vol. 104(5), pages 116-121, May.

    Cited by:

    1. Uhlig, Harald & Fratto, Chiara, 2014. "Accounting for Post-Crisis Inflation and Employment: A Retro Analysis," CEPR Discussion Papers 10306, C.E.P.R. Discussion Papers.
    2. Larrimore, Jeff & Mortenson, Jacob & Splinter, David, 2023. "Earnings business cycles: The Covid recession, recovery, and policy response," Journal of Public Economics, Elsevier, vol. 225(C).
    3. Diana Alessandrini, 2021. "Progressive Taxation and Economic Stability," Scandinavian Journal of Economics, Wiley Blackwell, vol. 123(2), pages 422-452, April.
    4. Xinkuo Xu & Liyan Han, 2017. "Diverse Effects of Consumer Credit on Household Carbon Emissions at Quantiles: Evidence from Urban China," Sustainability, MDPI, vol. 9(9), pages 1-25, September.
    5. Chiara Fratto & Harald Uhlig, 2019. "Online Appendix to "Accounting for Post-Crisis Inflation: A Retro Analysis"," Online Appendices 18-217, Review of Economic Dynamics.
    6. Gustav Engström & Johan Gars & Niko Jaakkola & Therese Lindahl & Daniel Spiro & Arthur A. van Benthem, 2020. "What Policies Address Both the Coronavirus Crisis and the Climate Crisis?," CESifo Working Paper Series 8367, CESifo.
    7. Radermacher, Jan W., 2023. "Mamma Mia! Revealing hidden heterogeneity by PCA-biplot: MPC puzzle for Italy's elderly poor," SAFE Working Paper Series 382, Leibniz Institute for Financial Research SAFE.
    8. Fuchs-Schündeln, N. & Hassan, T.A., 2016. "Natural Experiments in Macroeconomics," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 923-1012, Elsevier.
    9. Atalay, Kadir & Edwards, Rebecca, 2022. "House prices, housing wealth and financial well-being," Journal of Urban Economics, Elsevier, vol. 129(C).
    10. Sarah D. Asebedo & Taufiq Hasan Quadria & Blake T. Gray & Yi Liu, 2022. "The Psychology of COVID-19 Economic Impact Payment Use," Journal of Family and Economic Issues, Springer, vol. 43(2), pages 239-260, June.

  23. Greg Kaplan & Giovanni L. Violante, 2014. "A Model of the Consumption Response to Fiscal Stimulus Payments," Econometrica, Econometric Society, vol. 82(4), pages 1199-1239, July.
    See citations under working paper version above.
  24. Fatih Guvenen & Greg Kaplan & Jae Song, 2014. "How Risky Are Recessions for Top Earners?," American Economic Review, American Economic Association, vol. 104(5), pages 148-153, May.
    See citations under working paper version above.
  25. Greg Kaplan & Guido Menzio, 2013. "The Research Agenda: Greg Kaplan and Guido Menzio on the Macroeconomics of Bargain Hunting," EconomicDynamics Newsletter, Review of Economic Dynamics, vol. 14(2), November.

    Cited by:

    1. Chloe Lee & Wen Long & María J. Luengo‐Prado & Bent E. Sørensen, 2021. "Selective bargain hunting: A concise test of rational consumer search," Economic Inquiry, Western Economic Association International, vol. 59(3), pages 1089-1105, July.

  26. Greg Kaplan, 2012. "Inequality and the life cycle," Quantitative Economics, Econometric Society, vol. 3(3), pages 471-525, November.
    See citations under working paper version above.
  27. Greg Kaplan, 2012. "Moving Back Home: Insurance against Labor Market Risk," Journal of Political Economy, University of Chicago Press, vol. 120(3), pages 446-512.
    See citations under working paper version above.
  28. Greg Kaplan & Sam Schulhofer-Wohl, 2012. "Interstate Migration Has Fallen Less Than You Think: Consequences of Hot Deck Imputation in the Current Population Survey," Demography, Springer;Population Association of America (PAA), vol. 49(3), pages 1061-1074, August.
    See citations under working paper version above.
  29. Huggett, Mark & Kaplan, Greg, 2011. "Human capital values and returns: Bounds implied by earnings and asset returns data," Journal of Economic Theory, Elsevier, vol. 146(3), pages 897-919, May.
    See citations under working paper version above.
  30. Greg Kaplan & Giovanni L. Violante, 2010. "How Much Consumption Insurance beyond Self-Insurance?," American Economic Journal: Macroeconomics, American Economic Association, vol. 2(4), pages 53-87, October.
    See citations under working paper version above.
  31. Lorraine Dearden & Emla Fitzsimons & Alissa Goodman & Greg Kaplan, 2008. "Higher Education Funding Reforms in England: The Distributional Effects and the Shifting Balance of Costs," Economic Journal, Royal Economic Society, vol. 118(526), pages 100-125, February.
    See citations under working paper version above.

Software components

    Sorry, no citations of software components recorded.

Chapters

  1. Fatih Guvenen & Greg Kaplan & Jae Song, 2020. "The Glass Ceiling and the Paper Floor: Changing Gender Composition of Top Earners since the 1980s," NBER Chapters, in: NBER Macroeconomics Annual 2020, volume 35, pages 309-373, National Bureau of Economic Research, Inc.
    See citations under working paper version above.
  2. SeHyoun Ahn & Greg Kaplan & Benjamin Moll & Thomas Winberry & Christian Wolf, 2017. "When Inequality Matters for Macro and Macro Matters for Inequality," NBER Chapters, in: NBER Macroeconomics Annual 2017, volume 32, pages 1-75, National Bureau of Economic Research, Inc.
    See citations under working paper version above.Sorry, no citations of chapters recorded.
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