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Jacob A. Robbins

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.

Working papers

  1. Jacob Robbins, 2019. "Capital Gains and the Distribution of Income in the United States," 2019 Meeting Papers 202, Society for Economic Dynamics.

    Cited by:

    1. Thomas Blanchet, 2022. "Uncovering the Dynamics of the Wealth Distribution," Papers 2211.15509, arXiv.org.
    2. Moll, Benjamin & Fagereng, Andreas & Blomhoff Holm, Martin & Natvik, Gisle James, 2020. "Saving Behavior Across the Wealth Distribution: The Importance of Capital Gains," CEPR Discussion Papers 14355, C.E.P.R. Discussion Papers.
    3. Roth, Steve, 2021. "Why the Flow of Funds Don’t Explain the Flow of Funds: Sectoral Balances, Balance Sheets, and the Accumulation Fallacy," MPRA Paper 105281, University Library of Munich, Germany.
    4. Lee, Jangyoun, 2021. "Behind rising inequality and falling growth," Journal of Macroeconomics, Elsevier, vol. 70(C).
    5. 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.
    6. Eggertsson, Gauti B. & Robbins, Jacob A. & Wold, Ella Getz, 2021. "Kaldor and Piketty’s facts: The rise of monopoly power in the United States," Journal of Monetary Economics, Elsevier, vol. 124(S), pages 19-38.
    7. Lisa Adkins & Melinda Cooper & Martijn Konings, 2021. "Class in the 21st century: Asset inflation and the new logic of inequality," Environment and Planning A, , vol. 53(3), pages 548-572, May.
    8. Guillermo Ordonez & Facundo Piguillem, 2022. "Saving Rates and Savings Ratios," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 46, pages 365-381, October.

  2. Gauti B. Eggertsson & Jacob A. Robbins & Ella Getz Wold, 2018. "Kaldor and Piketty’s Facts: The Rise of Monopoly Power in the United States," NBER Working Papers 24287, National Bureau of Economic Research, Inc.

    Cited by:

    1. Ana Bottega & Rafael S. M. Ribeiro, 2023. "Kalecki meets Schumpeter: The decline of competition in a demand‐led dynamic model," Metroeconomica, Wiley Blackwell, vol. 74(3), pages 584-605, July.
    2. Corina Boar & Virgiliu Midrigan, 2019. "Markups and Inequality," 2019 Meeting Papers 1184, Society for Economic Dynamics.
    3. Wei Dai & Mark Weder & Bo Zhang, 2020. "Animal Spirits, Financial Markets, and Aggregate Instability," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 52(8), pages 2053-2083, December.
    4. Altomonte, Carlo & Favoino, Domenico & Morlacco, Monica & Sonno, Tommaso, 2021. "Markups, intangible capital and heterogeneous financial frictions," LSE Research Online Documents on Economics 114280, London School of Economics and Political Science, LSE Library.
    5. Elmar Dönnebrink & Nils Grevenbrock, 2022. "Sustainability gap of public debt: importance of interest rates and a new decomposition with premia," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 49(4), pages 1009-1030, November.
    6. Vives, Xavier & Azar, José, 2018. "Oligopoly, Macroeconomic Performance, and Competition Policy," CEPR Discussion Papers 13000, C.E.P.R. Discussion Papers.
    7. Georg Graetz, 2019. "Labor Demand in the Past, Present, and Future," European Economy - Discussion Papers 114, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    8. Grace Toyin Adigun & Abiola John Asaleye & Olayinka Omolara Adenikinju & Kehinde Damilola Ilesanmi & Sunday Festus Olasupo & Adedoyin Isola Lawal, 2025. "Remittances and FDI: Drivers of Employment in the Economic Community of West African States," JRFM, MDPI, vol. 18(8), pages 1-17, August.
    9. Carl-Johan Dalgaard & Morten Olsen, 2025. "Has the real rate of return “depreciated”?," Journal of Economic Growth, Springer, vol. 30(1), pages 49-85, March.
    10. Cairó, Isabel & Sim, Jae, 2024. "Market power, inequality, and financial instability," Journal of Economic Dynamics and Control, Elsevier, vol. 164(C).
    11. Yanzhao Liu & Liutang Gong & Jianjian Liu & Chan Wang, 2022. "Dynamic Efficiency in an OLG Model With the Spirit of Capitalism," Annals of Economics and Finance, Society for AEF, vol. 23(2), pages 315-328, November.
    12. Atif Mian & Ludwig Straub & Amir Sufi, 2020. "Indebted Demand," CESifo Working Paper Series 8210, CESifo.
    13. Matias Covarrubias & Germán Gutiérrez & Thomas Philippon, 2019. "From Good to Bad Concentration? U.S. Industries over the past 30 years," NBER Working Papers 25983, National Bureau of Economic Research, Inc.
    14. Robin Döttling & Enrico Perotti, 2020. "Secular Trends and Technological Progress," ECONtribute Discussion Papers Series 006, University of Bonn and University of Cologne, Germany.
    15. Anthony Savagar, 2018. "Measured Productivity with Endogenous Markups and Economic Profits," Studies in Economics 1812, School of Economics, University of Kent.
    16. Stéphane Auray & Aurélien Eyquem & Bertrand Garbinti & Jonathan Goupille-Lebret, 2022. "Markups, Taxes, And Rising Inequality," Working Papers halshs-03832267, HAL.
    17. Falkinger Josef, 2023. "Gibt es die Marktwirtschaft noch? : Ein Versuch über politische Ökonomie im einundzwanzigsten Jahrhundert," Perspektiven der Wirtschaftspolitik, De Gruyter, vol. 24(1), pages 110-128, April.
    18. Ufuk Akcigit & Sina T. Ates, 2019. "What Happened to U.S. Business Dynamism?," NBER Working Papers 25756, National Bureau of Economic Research, Inc.
    19. Ioannis Bournakis & Nelson R. Ramírez-Rondán, 2023. "Does uncertainty matter for the fiscal consolidation and investment nexus?," Working Papers 195, Peruvian Economic Association.
    20. Santiago Caicedo & Jeremy Pearce, 2024. "Need for Speed: Quality of Innovations and the Allocation of Inventors," Staff Reports 1127, Federal Reserve Bank of New York.
    21. Díez, Federico J. & Fan, Jiayue & Villegas-Sánchez, Carolina, 2021. "Global declining competition?," Journal of International Economics, Elsevier, vol. 132(C).
    22. Adrien Auclert & Hannes Malmberg & Frederic Martenet & Matthew Rognlie, 2021. "Demographics, Wealth, and Global Imbalances in the Twenty-First Century," NBER Working Papers 29161, National Bureau of Economic Research, Inc.
    23. Vaziri, M., 2022. "Antitrust Law and Business Dynamism," Cambridge Working Papers in Economics 2243, Faculty of Economics, University of Cambridge.
    24. Chad Syverson, 2019. "Macroeconomics and Market Power: Context, Implications, and Open Questions," Journal of Economic Perspectives, American Economic Association, vol. 33(3), pages 23-43, Summer.
    25. Emmanuel Farhi & François Gourio, 2019. "What is Driving the Return Spread Between “Safe” and “Risky” Assets?," Chicago Fed Letter, Federal Reserve Bank of Chicago.
    26. Akcigit, Ufuk & Akgunduz, Yusuf Emre & Ozcan Tok, Elif & Cilasun, Seyit Mümin & Yilmaz, Fatih, 2019. "Facts on Business Dynamism in Turkey," CEPR Discussion Papers 13999, C.E.P.R. Discussion Papers.
    27. Susanto Basu, 2019. "Are Price-Cost Markups Rising in the United States? A Discussion of the Evidence," NBER Working Papers 26057, National Bureau of Economic Research, Inc.
    28. Laine, Olli-Matti, 2018. "Level, distribution and long-term development of market power in Finland," BoF Economics Review 2/2018, Bank of Finland.
    29. Akcigit, Ufuk & Ates, Sina T., 2019. "Ten Facts on Declining Business Dynamism and Lessons from Endogenous Growth Theory," CEPR Discussion Papers 13668, C.E.P.R. Discussion Papers.
    30. Carvalho, Carlos & Ferrero, Andrea & Mazin, Felipe & Nechio, Fernanda, 2025. "Reprint of: Demographics and real interest rates across countries and over time," Journal of International Economics, Elsevier, vol. 156(C).
    31. Barkai, Simcha & Benzell, Seth G., 2024. "70 years of US corporate profits," Journal of Corporate Finance, Elsevier, vol. 87(C).
    32. Graetz, Georg, 2020. "Technological change and the Swedish labor market," Working Paper Series 2020:19, IFAU - Institute for Evaluation of Labour Market and Education Policy.
    33. Vives, Xavier & Azar, José, 2020. "General Equilibrium Oligopoly and Ownership Structure," CEPR Discussion Papers 15499, C.E.P.R. Discussion Papers.
    34. Rajssa Mechelli & Andrea Colciago, 2020. "Competition and Inequality," Economics Series Working Papers 914, University of Oxford, Department of Economics.
    35. Ansgar Rannenberg, 2023. "The Rise in Inequality, the Decline in the Natural Interest Rate, and the Increase in Household Debt," International Journal of Central Banking, International Journal of Central Banking, vol. 19(2), pages 1-93, June.
    36. Piguillem, Facundo & Grasso, Adriana & Passadore, Juan, 2020. "The Macroeconomics of Hedging Income Shares," CEPR Discussion Papers 14732, C.E.P.R. Discussion Papers.
    37. Dreger, Christian & Fourné, Marius & Holtemöller, Oliver, 2023. "Globalization, Productivity Growth, and Labor Compensation," IZA Discussion Papers 16010, IZA Network @ LISER.
    38. Jeremy Pearce & Liangjie Wu, 2025. "Market Concentration and Aggregate Productivity: The Role of Demand," Staff Reports 1159, Federal Reserve Bank of New York.
    39. Anton Bobrov & James Traina, 2024. "The beginning of the trend: Interest rates, profits, and markups," Economics Bulletin, AccessEcon, vol. 44(3), pages 1024-1033.
    40. Luís Guimarães & Pedro Mazeda Gil, 2019. "Explaining the labor share: automation vs labor market institutions," CEF.UP Working Papers 1901, Universidade do Porto, Faculdade de Economia do Porto.
    41. Maya Eden & Paul Gaggl, 2019. "Capital Composition and the Declining Labor Share," CESifo Working Paper Series 7996, CESifo.
    42. Alessandro Ferrari & Francisco Queir'os, 2022. "Firm Heterogeneity, Market Power and Macroeconomic Fragility," Papers 2205.03908, arXiv.org, revised May 2024.
    43. Akaev, Askar & Devezas, Tessaleno & Ichkitidze, Yuri & Sarygulov, Askar, 2021. "Forecasting the labor intensity and labor income share for G7 countries in the digital age," Technological Forecasting and Social Change, Elsevier, vol. 167(C).
    44. Loukas Karabarbounis & Brent Neiman, 2018. "Accounting for Factorless Income," NBER Chapters, in: NBER Macroeconomics Annual 2018, volume 33, pages 167-228, National Bureau of Economic Research, Inc.
    45. Isik, Sayim & Mert, Mehmet & Ulug, Mehmet, 2025. "Profit produced by post-pandemic inflation: Evidence from an emerging economy," Structural Change and Economic Dynamics, Elsevier, vol. 72(C), pages 233-244.
    46. Benjamin Bridgman & Ryan Greenaway‐McGrevy, 2022. "Public enterprise and the rise and fall of labor share," Economic Inquiry, Western Economic Association International, vol. 60(1), pages 320-350, January.
    47. Feldman, Maryann & Guy, Frederick & Iammarino, Simona & Ioramashvili, Carolin, 2021. "Gathering round Big Tech: how the market for acquisitions reinforces regional inequalities in the US," LSE Research Online Documents on Economics 110718, London School of Economics and Political Science, LSE Library.
    48. Mr. Federico J Diez & Mr. Daniel Leigh & Suchanan Tambunlertchai, 2018. "Global Market Power and its Macroeconomic Implications," IMF Working Papers 2018/137, International Monetary Fund.
    49. Gutiérrez, Germán & Jones, Callum & Philippon, Thomas, 2021. "Entry costs and aggregate dynamics," Journal of Monetary Economics, Elsevier, vol. 124(S), pages 77-91.
    50. Granaglia, Elena, 2019. "Can market inequalities be justified? The intrinsic shortcomings of meritocracy," Structural Change and Economic Dynamics, Elsevier, vol. 51(C), pages 284-290.
    51. Fernando Broner & Alberto Martin & Jaume Ventura, 2021. "On Public Spending and Economic Unions," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 69(1), pages 122-154, March.
    52. Steven T. Berry & Martin Gaynor & Fiona Scott Morton, 2019. "Do Increasing Markups Matter? Lessons from Empirical Industrial Organization," NBER Working Papers 26007, National Bureau of Economic Research, Inc.
    53. Mumtaz Ahmad & John Fernald & Hashmat Khan, 2019. "Returns to Scale in U.S. Production, Redux," Carleton Economic Papers 19-07, Carleton University, Department of Economics.
    54. Bianca Barbaro & Giorgio Massari & Patrizio Tirelli, 2022. "Who killed business dynamism in the U.S.?," Working Papers 494, University of Milano-Bicocca, Department of Economics, revised Aug 2022.
    55. Chris Forman & Avi Goldfarb, 2021. "Concentration and Agglomeration of IT Innovation and Entrepreneurship: Evidence from Patenting," NBER Chapters, in: The Role of Innovation and Entrepreneurship in Economic Growth, pages 95-121, National Bureau of Economic Research, Inc.
    56. Vicente Salas & Lucio San Juan & Javier Vallés, 2018. "Corporate cost and profit shares in the euro area and the US: the same story?," Working Papers 1833, Banco de España.
    57. Kosuke Aoki & Yoshihiko Hogen & Kosuke Takatomi, 2023. "Price Markups and Wage Setting Behavior of Japanese Firms," Bank of Japan Working Paper Series 23-E-5, Bank of Japan.
    58. Andrea, Colciago & Rajssa, Mechelli, 2019. "Competition and Inequality: Aiyagari meets Bertrand and Cournot," Working Papers 398, University of Milano-Bicocca, Department of Economics, revised Jan 2019.
    59. Lee, Jangyoun, 2021. "Behind rising inequality and falling growth," Journal of Macroeconomics, Elsevier, vol. 70(C).
    60. Michał Gradzewicz & Jakub Mućk, 2024. "Globalisation and the fall of markups," The World Economy, Wiley Blackwell, vol. 47(3), pages 1089-1116, March.
    61. Anton Bobrov & James Traina, 2023. "The Beginning of the Trend: Interest Rates, Profits, and Markups," Papers 2307.08968, arXiv.org, revised Oct 2023.
    62. Olmstead-Rumsey, Jane, 2019. "Market Concentration and the Productivity Slowdown," MPRA Paper 93260, University Library of Munich, Germany.
    63. Carlos Carvalho & Andrea Ferrero & Felipe Mazin & Fernanda Nechio, 2025. "Demographics and Real Interest Rates Across Countries and Over Time," Working Paper Series 2023-32, Federal Reserve Bank of San Francisco.
    64. Ronald Ravinesh Kumar & Peter J. Stauvermann, 2023. "International Borrowing and Lending in the Presence of Oligopolistic Competition," JRFM, MDPI, vol. 16(8), pages 1-26, July.
    65. Feldman, Maryann & Guy, Frederick & Iammarino, Simona, 2020. "Regional income disparities, monopoly and finance," LSE Research Online Documents on Economics 105807, London School of Economics and Political Science, LSE Library.
    66. Emanuela Ciapanna & Sara Formai & Andrea Linarello & Gabriele Rovigatti, 2024. "Measuring market power: macro- and micro-evidence from Italy," Empirical Economics, Springer, vol. 67(6), pages 2677-2717, December.
    67. Enrico Sergio Levrero & Giacomo Sbrenna, 2022. "Some Factors Affecting US Capital Profitability over the Last Decades," Bulletin of Political Economy, Bulletin of Political Economy, vol. 16(2), pages 77-101, December.
    68. Ayad, Fayssal, 2023. "Mapping the path forward: A prospective model of natural resource depletion and sustainable development," Resources Policy, Elsevier, vol. 85(PA).
    69. Cynthia L. Doniger, 2021. "What Can We Learn from Asynchronous Wage Changes?," Finance and Economics Discussion Series 2021-055r1, Board of Governors of the Federal Reserve System (U.S.), revised 31 Mar 2022.
    70. Peter J. Stauvermann & Ronald R. Kumar, 2022. "Does more market competition lead to higher income and utility in the long run?," Bulletin of Economic Research, Wiley Blackwell, vol. 74(3), pages 761-782, July.
    71. Bobeica, Elena & Ciccarelli, Matteo & Vansteenkiste, Isabel, 2021. "The changing link between labor cost and price inflation in the United States," Working Paper Series 2583, European Central Bank.
    72. Frederick Guy, 2020. "Who wants their city to become a world city? Comment on “Expanding the international trade and investment policy agenda: The role of cities and services”," Journal of International Business Policy, Palgrave Macmillan, vol. 3(3), pages 224-228, September.
    73. Yuichiro Matsumoto, 2018. "Endogenous Sunk Cost, Scale Economies, and Market Concentration," Discussion Papers in Economics and Business 18-20, Osaka University, Graduate School of Economics.
    74. Jasmine Mondolo, 2021. "Macroeconomic dynamics and the role of market power. The case of Italy," DEM Working Papers 2021/17, Department of Economics and Management.
    75. Si, Deng-Kui & Meng, Mingyue & Wang, Jiaming & Zhou, Fuyou, 2024. "Does capital market liberalization increase corporate labor income share? Evidence from China," Economic Modelling, Elsevier, vol. 141(C).
    76. Strauss, Ilan & Yang, Jangho, 2024. "Testing for secular stagnation in investment rates using a Bayesian multilevel model," Structural Change and Economic Dynamics, Elsevier, vol. 70(C), pages 351-364.
    77. Samuel Brien, 2021. "Wealth Inequality, Uninsurable Entrepreneurial Risk and Firms Markup," Working Paper 1476, Economics Department, Queen's University.
    78. Germán Gutiérrez & Callum Jones & Mr. Thomas Philippon, 2019. "Entry Costs and the Macroeconomy," IMF Working Papers 2019/233, International Monetary Fund.
    79. Mookherjee, Dilip & Ray, Debraj, 2020. "Growth, Automation and the Long Run Share of Labor," CEPR Discussion Papers 14286, C.E.P.R. Discussion Papers.
    80. González, Ignacio & Montecino, Juan A. & Stiglitz, Joseph E., 2025. "Equity prices, market power, and optimal corporate tax policy," European Economic Review, Elsevier, vol. 176(C).
    81. 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.
    82. Juan E. Jacobo, 2022. "Back to the Surplus: An Unorthodox Neoclassical Model of Growth, Distribution and Unemployment with Technical Change," Papers 2211.14978, arXiv.org.
    83. Mr. Federico J Diez & Jiayue Fan & Carolina Villegas-Sánchez, 2019. "Global Declining Competition," IMF Working Papers 2019/082, International Monetary Fund.
    84. Bournakis, Ioannis & Ramirez-Rondan, Nelson R., 2022. "Does uncertainty matter for the fiscal consolidation and capital intensity nexus?," MPRA Paper 111592, University Library of Munich, Germany.
    85. 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.
    86. Probst, Julius, 2019. "Global real interest rate dynamics from the late 19th century to today," International Review of Economics & Finance, Elsevier, vol. 59(C), pages 522-547.
    87. Nieto-Carrillo, Ernesto & Carreira, Carlos & Teixeira, Paulino, 2024. "Industrial dynamics in the ICT technological paradigm: The case of Portugal, 1986–2018," Structural Change and Economic Dynamics, Elsevier, vol. 69(C), pages 155-170.
    88. F. J. Escribá‐Pérez & M. J. Murgui‐García & J. R. Ruiz‐Tamarit, 2023. "Endogenous capital stock and depreciation in the United States," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 25(1), pages 139-167, February.
    89. Orhan Erem Atesagaoglu & Hakki Yazici, 2021. "Optimal Taxation of Capital in the Presence of Declining Labor Share," CESifo Working Paper Series 9101, CESifo.
    90. Ferrando, Annalisa & McAdam, Peter & Petroulakis, Filippos & Vives, Xavier, 2021. "Product market structure and monetary policy: evidence from the Euro Area," Working Paper Series 2632, European Central Bank.
    91. Morlacco, Monica & Zeke, David, 2021. "Monetary policy, customer capital, and market power," Journal of Monetary Economics, Elsevier, vol. 121(C), pages 116-134.
    92. Anderton, Robert & Jarvis, Valerie & Labhard, Vincent & Morgan, Julian & Petroulakis, Filippos & Vivian, Lara, 2020. "Virtually everywhere? Digitalisation and the euro area and EU economies," Occasional Paper Series 244, European Central Bank.
    93. Andy Atkeson, 2020. "Alternative Facts Regarding the Labor Share," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 37, pages 167-180, August.
    94. Thomas Hasenzagl & Luis Perez, 2023. "The Micro-Aggregated Profit Share," Papers 2309.12945, arXiv.org, revised Nov 2023.
    95. Xiaoyang Zhu, 2023. "Financial development and declining market dynamics: Another dark side of “too much finance”?," Empirical Economics, Springer, vol. 65(1), pages 275-309, July.
    96. Claudia Macaluso & Brad Hershbein & Chen Yeh, 2019. "Concentration in U.S. local labor markets: evidence from vacancy and employment data," 2019 Meeting Papers 1336, Society for Economic Dynamics.
    97. Villegas-Sanchez, Carolina & Díez, Federico & Fan, Jiayue, 2019. "Global Declining Competition," CEPR Discussion Papers 13696, C.E.P.R. Discussion Papers.
    98. Corhay, Alexandre & Kung, Howard & Schmid, Lukas, 2025. "Q: Risk, rents, or growth?," Journal of Financial Economics, Elsevier, vol. 165(C).
    99. Drago, Bergholt & Furlanetto, Francesco & Faccioli, Nicolò Maffei, 2019. "The decline of the labor share: new empirical evidence," Working Paper 2019/18, Norges Bank.
    100. Maryann Feldman & Frederick Guy & Simona Iammarino, 2019. "Regional income disparities, monopoly & finance," Working Papers 43, Birkbeck Centre for Innovation Management Research, revised Feb 2021.
    101. Emmanuel Farhi & François Gourio, 2018. "Accounting for Macro-Finance Trends: Market Power, Intangibles, and Risk Premia," Working Paper Series WP-2018-19, Federal Reserve Bank of Chicago.
    102. Choi, Michael & Rocheteau, Guillaume, 2024. "Foundations of market power in monetary economies," Journal of Economic Theory, Elsevier, vol. 222(C).
    103. Orhan Erem Atesagaoglu & Hakki Yazici, 2021. "Optimal Taxation of Capital in the Presence of Declining Labor Share," Bristol Economics Discussion Papers 21/739, School of Economics, University of Bristol, UK.
    104. Jasmine Mondolo, 2022. "Product and labour market imperfections in the Italian manufacturing sector: a firm-level analysis," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 39(3), pages 813-838, October.
    105. Perotti, Enrico & Döttling, Robin, 2019. "Redistributive Growth," CEPR Discussion Papers 13984, C.E.P.R. Discussion Papers.
    106. Mondolo, Jasmine, 2021. "Macroeconomic dynamics and the role of market power. The case of Italy," MPRA Paper 110172, University Library of Munich, Germany, revised 05 Oct 2021.
    107. David Ratner & Jae W. Sim, 2022. "Who Killed the Phillips Curve? A Murder Mystery," Finance and Economics Discussion Series 2022-028, Board of Governors of the Federal Reserve System (U.S.).
    108. Dmitry Kuvshinov & Kaspar Zimmermann, 2018. "The Big Bang: Stock Market Capitalization in the Long Run," Working Papers 0136, European Historical Economics Society (EHES).
    109. Strauss, Ilan & Yang, Jangho, 2021. "Slowing investment rates in developing economies: Evidence from a Bayesian hierarchical model," International Review of Financial Analysis, Elsevier, vol. 77(C).
    110. Geoff Weir, 2018. "Wage Growth Puzzles and Technology," RBA Research Discussion Papers rdp2018-10, Reserve Bank of Australia.
    111. Ugur, Mehmet, 2024. "Effects of innovation and markups on employment and labour share in OECD industries," Structural Change and Economic Dynamics, Elsevier, vol. 71(C), pages 221-234.
    112. Mondolo, Jasmine, 2020. "Macro and microeconomic evidence on investment, factor shares, firm and labor dynamics in Italy and in Trentino," MPRA Paper 99138, University Library of Munich, Germany.
    113. Bill Martin & Centre for Business Research, 2018. "A Comment on Oulton, "The UK Productivity Puzzle: Does Arthur Lewis Hold the Key?"," Working Papers wp498, Centre for Business Research, University of Cambridge.
    114. Chen Yeh & Claudia Macaluso & Brah J. Hershbein, 2022. "Monopsony in the U.S. Labor Market," Upjohn Working Papers 22-364, W.E. Upjohn Institute for Employment Research.
    115. Barkai, Simcha & Benzell, Seth G., 2018. "70 Years of US Corporate Profits," Working Papers 277, The University of Chicago Booth School of Business, George J. Stigler Center for the Study of the Economy and the State.
    116. Émilien Gouin‐Bonenfant, 2022. "Productivity Dispersion, Between‐Firm Competition, and the Labor Share," Econometrica, Econometric Society, vol. 90(6), pages 2755-2793, November.
    117. Cavalleri, Maria Chiara & Eliet, Alice & McAdam, Peter & Petroulakis, Filippos & Soares, Ana & Vansteenkiste, Isabel, 2019. "Concentration, market power and dynamism in the euro area," Working Paper Series 2253, European Central Bank.
    118. Michau, Jean-Baptiste & Ono, Yoshiyasu & Schlegl, Matthias, 2023. "Wealth preference and rational bubbles," European Economic Review, Elsevier, vol. 156(C).
    119. Tommaso Aquilante & Shiv Chowla & Nikola Dacic & Andrew Haldane & Riccardo Masolo & Patrick Schneider & Martin Seneca & Srdan Tatomir, 2019. "Market power and monetary policy," Bank of England working papers 798, Bank of England.
    120. Kouvavas, Omiros & Osbat, Chiara & Reinelt, Timo & Vansteenkiste, Isabel, 2021. "Markups and inflation cyclicality in the euro area," Working Paper Series 2617, European Central Bank.

  3. Gauti B. Eggertsson & Neil Mehrotra & Jacob A. Robbins, 2017. "A Model of Secular Stagnation: Theory and Quantitative Evaluation," Working Papers 742, Federal Reserve Bank of Minneapolis.

    Cited by:

    1. Michau, Jean-Baptiste, 2025. "Fiscal policy under secular stagnation: An optimal pump-priming strategy," Journal of Economic Dynamics and Control, Elsevier, vol. 175(C).
    2. Bárány, Zsófia L. & Coeurdacier, Nicolas & Guibaud, Stéphane, 2023. "Capital flows in an aging world," Journal of International Economics, Elsevier, vol. 140(C).
    3. Schubert, Torben & Jäger, Angela & Türkeli, Serdar & Visentin, Fabiana, 2020. "Addressing the productivity paradox with big data: A literature review and adaptation of the CDM econometric model," MERIT Working Papers 2020-050, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    4. 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.
    5. Han, Minsoo, 2022. "International financial integration and total factor productivity losses from underdeveloped domestic financial markets," Economics Letters, Elsevier, vol. 212(C).
    6. Ho, Paul, 2024. "Estimating the effects of demographics on interest rates: A robust Bayesian perspective," Journal of Economic Dynamics and Control, Elsevier, vol. 158(C).
    7. Ansgar Rannenberg, 2019. "Inequality, the risk of secular stagnation and the increase in household deb," Working Paper Research 375, National Bank of Belgium.
    8. Gauti B. Eggertsson & Marc Giannoni, 2020. "Medium-Term Money Neutrality and the Effective Lower Bound," NBER Working Papers 27669, National Bureau of Economic Research, Inc.
    9. Ivan Todorov, 2025. "Еconomic Policy Under Global Flight to Safe Assets and Effective Lower Bound: the Bulgarian Prospects," Economic Alternatives, University of National and World Economy, Sofia, Bulgaria, issue 4, pages 1200-1218, Desember.
    10. Nao Sudo & Yasutaka Takizuka, 2018. "Population Aging and the Real Interest Rate in the Last and Next 50 Years -- A tale told by an Overlapping Generations Model --," Bank of Japan Working Paper Series 18-E-1, Bank of Japan.
    11. Alberto Botta & Ben Tippet, 2020. "Secular stagnation and core-periphery uneven development in post-crisis eurozone," Working Papers PKWP2002, Post Keynesian Economics Society (PKES).
    12. Sergio Salas, 2022. "A liquidity crunch in an endogenous growth model with human capital," Southern Economic Journal, John Wiley & Sons, vol. 88(3), pages 1199-1238, January.
    13. Siyan Chen & Saul Desiderio, 2023. "An agent-based framework for the analysis of the macroeconomic effects of population aging," Journal of Evolutionary Economics, Springer, vol. 33(2), pages 393-427, April.
    14. Jangho Yang & Brian Cozzarin & Torsten Heinrich, 2025. "Productivity dispersion and firm growth in Canada," Journal of Evolutionary Economics, Springer, vol. 35(1), pages 35-70, January.
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    173. Botta, Alberto & Tippet, Ben, 2020. "The roots of a divided eurozone: rigid labour markets or asymmetric technology-macroeconomic regimes?," Greenwich Papers in Political Economy 30958, University of Greenwich, Greenwich Political Economy Research Centre.
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    218. Alexander Mechanick & Jacob P. Weber, 2024. "The Countercyclical Benefits of Regulatory Costs," Staff Reports 1109, Federal Reserve Bank of New York.
    219. Julia Włodarczyk & Indranarain Ramlall & Jan Acedański, 2020. "Macroeconomic Effects of an Ageing Population in Mauritius," South African Journal of Economics, Economic Society of South Africa, vol. 88(4), pages 551-574, December.
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    221. Serguei Kaniovski & Thomas Url & Helmut Hofer & Viola Garstenauer, 2021. "A Long-run Macroeconomic Model of the Austrian Economy (A-LMM 2.0). New Results (2021)," WIFO Studies, WIFO, number 67377.
    222. Valerio Ercolani & João Valle e Azevedo, 2018. "How can the government spending multiplier be small at the zero lower bound?," Temi di discussione (Economic working papers) 1174, Bank of Italy, Economic Research and International Relations Area.
    223. Giovanna Ciaffi & Matteo Deleidi & Stefano Di Bucchianico, 2022. "Stagnation despite ongoing innovation: Is R&D expenditure composition a missing link? An empirical analysis for the US (1948-2019)," Department of Economics University of Siena 877, Department of Economics, University of Siena.
    224. Christopher Gibbs & Nigel McClung, 2023. "Does my model predict a forward guidance puzzle?," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 51, pages 393-423, December.
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    226. Piazzesi, Monika & Leombroni, Matteo & Rogers, Ciaran & Schneider, Martin, 2020. "Inflation and the Price of Real Assets," CEPR Discussion Papers 14390, C.E.P.R. Discussion Papers.
    227. Richard H. Clarida, 2019. "Monetary Policy, Price Stability, and Equilibrium Bond Yields: Success and Consequences : a speech at the High-Level Conference on Global Risk, Uncertainty, And Volatility, co-sponsored by the Bank for International Settlements, the Board of Governor," Speech 1102, Board of Governors of the Federal Reserve System (U.S.).
    228. Andrea Papetti, 2021. "Population aging, relative prices and capital flows across the globe," Temi di discussione (Economic working papers) 1333, Bank of Italy, Economic Research and International Relations Area.
    229. Steven Brakman & Tristan Kohl & Charles van Marewijk & Charles van Marrewijk, 2024. "DemoGravity: World Population and Trade in the 21st Century," CESifo Working Paper Series 11262, CESifo.
    230. Ogawa, Shogo, 2022. "Capital and inventory investments under quantity constraints: A microfounded Metzlerian model," MPRA Paper 111906, University Library of Munich, Germany.
    231. Nickel, Christiane & Kilponen, Juha & Moral-Benito, Enrique & Koester, Gerrit & Ciccarelli, Matteo & Enders, Almira & Holton, Sarah & Landau, Bettina & Venditti, Fabrizio & Bobeica, Elena & Brand, Cla, 2025. "A strategic view on the economic and inflation environment in the euro area," Occasional Paper Series 371, European Central Bank.
    232. Mr. Cian Allen & Camila Casas & Mr. Giovanni Ganelli & Luciana Juvenal & Mr. Daniel Leigh & Mr. Pau Rabanal & Cyril Rebillard & Jair Rodriguez & João Tovar Jalles, 2023. "2022 Update of the External Balance Assessment Methodology," IMF Working Papers 2023/047, International Monetary Fund.
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    234. Joseph Kopecky Author-1-Name-First: Joseph Author-1-Name-Last: Kopecky, 2023. "Population age structure and secular stagnation: Evidence from long run data," Trinity Economics Papers tep0526, Trinity College Dublin, Department of Economics.
    235. Luca Agnello & Vítor Castro & Ricardo M. Sousa, 2023. "Interest rate gaps in an uncertain global context: why “too” low (high) for “so” long?," Empirical Economics, Springer, vol. 64(2), pages 539-565, February.
    236. Gianluca Benigno & Luca Fornaro, 2018. "Stagnation Traps," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 85(3), pages 1425-1470.
    237. Keiichiro KOBAYASHI & Kozo Ueda, 2020. "Secular Stagnation and Low Interest Rates under the Fear of a Government Debt Crisis," CIGS Working Paper Series 20-008E, The Canon Institute for Global Studies.
    238. Nicola Acocella, 2021. "Stagnation," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 74(2), pages 121-140.
    239. Ogawa, Shogo & Sasaki, Hiroaki, 2020. "Numerical Analysis of the Disequilibrium Monetary Growth Model: Secular Stagnation, Slow Convergence, and Cyclical Fluctuations," MPRA Paper 103845, University Library of Munich, Germany.
    240. William Gatt, 2024. "Loan‐to‐value limits as a macroprudential policy tool: Developments in theory and practice," Journal of Economic Surveys, Wiley Blackwell, vol. 38(1), pages 232-267, February.
    241. Kopecky, Joseph, 2023. "Population age structure and secular stagnation: Evidence from long run data," The Journal of the Economics of Ageing, Elsevier, vol. 24(C).
    242. Sevim Kösem, 2021. "Income inequality, mortgage debt and house prices," Bank of England working papers 921, Bank of England.
    243. Yasutaka Ogawa & Jiro Yoshida, 2024. "Aging, Housing, and Macroeconomic Inefficiency," IMES Discussion Paper Series 24-E-04, Institute for Monetary and Economic Studies, Bank of Japan.
    244. Daniel Murphy & Eric Young, 2020. "Government Debt Limits and Stabilization Policy," Working Papers 20-23, Federal Reserve Bank of Cleveland.
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    246. Daisuke Ikeda & Takushi Kurozumi, 2015. "What Makes Post-Financial-Crisis Recoveries So Slow? An Investigation of Implications for Monetary Policy Conduct," Bank of Japan Research Laboratory Series 15-E-2, Bank of Japan.
    247. Martin Kuncl & Alexander Ueberfeldt, 2021. "Monetary Policy and the Persistent Aggregate Effects of Wealth Redistribution," Staff Working Papers 21-38, Bank of Canada.
    248. Michau, Jean-Baptiste, 2019. "Monetary and fiscal policy in a liquidity trap with inflation persistence," Journal of Economic Dynamics and Control, Elsevier, vol. 100(C), pages 1-28.
    249. Ogawa, Shogo, 2024. "Perceived and expected quantity constraints in inventory dynamics," MPRA Paper 120629, University Library of Munich, Germany.
    250. Marcin Bielecki & Michał Brzoza-Brzezina & Aneta Błażejowska & Kamila Kuziemska-Pawlak & Grzegorz Szafrański, 2024. "Estimates and Projections of the Natural Rate of Interest for Poland and the Euro Area," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 3, pages 1-32.
    251. Eusepi, Stefano & Gibbs, Chris & Preston, Bruce, 2021. "Forward guidance with unanchored expectations," Bank of Finland Research Discussion Papers 11/2021, Bank of Finland.
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    253. Zongwu Cai & Jiazi Chen & Linlin Liu, 2021. "Estimating Impact of Age Distribution on Bond Pricing: A Semiparametric Functional Data Analysis Approach," WORKING PAPERS SERIES IN THEORETICAL AND APPLIED ECONOMICS 202102, University of Kansas, Department of Economics, revised Jan 2021.
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    256. Di Bucchianico, Stefano, 2021. "Inequality, household debt, ageing and bubbles: A model of demand-side Secular Stagnation," IPE Working Papers 160/2021, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
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    260. Bloom, David E. & Kuhn, Michael & Prettner, Klaus, 2023. "Fertility in High-Income Countries: Trends, Patterns, Determinants, and Consequences," IZA Discussion Papers 16500, IZA Network @ LISER.

  4. Katherine Baicker & Michael Chernew & Jacob Robbins, 2013. "The Spillover Effects of Medicare Managed Care: Medicare Advantage and Hospital Utilization," NBER Working Papers 19070, National Bureau of Economic Research, Inc.

    Cited by:

    1. Wuppermann, Amelie C. & Bauhoff, Sebastian & Grabka, Markus M., 2014. "The Price Sensitivity of Health Plan Choice: Evidence from Retirees in the German Social Health Insurance," Discussion Papers in Economics 21080, University of Munich, Department of Economics.
    2. Sumedha Gupta & Yimin Ge & Johanna Catherine Maclean & Matthew D. Eisenberg, 2025. "Medicaid Coverage and Postpartum Opioid Use Disorder Treatment," NBER Working Papers 34541, National Bureau of Economic Research, Inc.
    3. Castro, Marcelo Araújo & Mattos, Enlinson & Patriota, Fernanda, 2016. "Spatial spillovers and political coordination in public health provision," Textos para discussão 417, FGV EESP - Escola de Economia de São Paulo, Fundação Getulio Vargas (Brazil).
    4. Amanda Starc & Robert J. Town, 2015. "Externalities and Benefit Design in Health Insurance," NBER Working Papers 21783, National Bureau of Economic Research, Inc.
    5. Momotazur Rahman & David Meyers & Elizabeth M. White & Brian E. McGarry & Christopher Santostefano & Linda Resnik & David C. Grabowski, 2023. "Spillover effect of the Patient Drive Payment Model on skilled nursing facility therapy delivery among Medicare Advantage enrollees," Health Economics, John Wiley & Sons, Ltd., vol. 32(9), pages 1887-1897, September.
    6. Song, Lina & Saghafian, Soroush, 2019. "Do Hospital Closures Improve the Efficiency and Quality of Other Hospitals?," Working Paper Series rwp19-006, Harvard University, John F. Kennedy School of Government.
    7. Lucas Bretschger & Evgenij Komarov, 2023. "All Inclusive Climate Policy in a Growing Economy: The Role of Human Health," CER-ETH Economics working paper series 23/384, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
    8. Christopher C. Afendulis & Michael E. Chernew & Daniel P. Kessler, 2017. "The Effect of Medicare Advantage on Hospital Admissions and Mortality," American Journal of Health Economics, MIT Press, vol. 3(2), pages 254-279, Spring.
    9. Michael Geruso & Timothy Layton, 2015. "Upcoding: Evidence from Medicare on Squishy Risk Adjustment," NBER Working Papers 21222, National Bureau of Economic Research, Inc.
    10. Jonathan Gruber & Robin McKnight, 2016. "Controlling Health Care Costs through Limited Network Insurance Plans: Evidence from Massachusetts State Employees," American Economic Journal: Economic Policy, American Economic Association, vol. 8(2), pages 219-250, May.
    11. Jie Chen & Chad D. Meyerhoefer & Edward J. Timmons, 2024. "The effects of dental hygienist autonomy on dental care utilization," Health Economics, John Wiley & Sons, Ltd., vol. 33(8), pages 1726-1747, August.
    12. Yevgeniy Feyman & Steven D. Pizer & Austin B. Frakt, 2021. "The persistence of medicare advantage spillovers in the post‐Affordable Care Act era," Health Economics, John Wiley & Sons, Ltd., vol. 30(2), pages 311-327, February.
    13. Katherine Baicker & Jacob A. Robbins, 2015. "Medicare Payments and System-Level Health-Care Use: The Spillover Effects of Medicare Managed Care," American Journal of Health Economics, MIT Press, vol. 1(4), pages 399-431, Fall.
    14. Visa Pitkänen, 2022. "Competition and efficiency in repeated procurements: Lessons from the Finnish rehabilitation markets," Health Economics, John Wiley & Sons, Ltd., vol. 31(5), pages 820-835, May.
    15. Kevin Callison, 2016. "Medicare Managed Care Spillovers and Treatment Intensity," Health Economics, John Wiley & Sons, Ltd., vol. 25(7), pages 873-887, July.
    16. Elizabeth L. Munnich & Michael R. Richards, 2020. "Treatment flows after outsourcing public insurance provision: Evidence from Florida Medicaid," Health Economics, John Wiley & Sons, Ltd., vol. 29(11), pages 1343-1363, November.
    17. Geruso, Michael & Richards, Michael R., 2022. "Trading spaces: Medicare's regulatory spillovers on treatment setting for non-Medicare patients," Journal of Health Economics, Elsevier, vol. 84(C).
    18. Ajin Lee, 2025. "How does Medicaid managed care affect provider behavior? New evidence from spillovers on private health care," Working Papers 202505, University of California at Riverside, Department of Economics.
    19. Song, Zirui & Landrum, Mary Beth & Chernew, Michael E., 2013. "Competitive bidding in Medicare Advantage: Effect of benchmark changes on plan bids," Journal of Health Economics, Elsevier, vol. 32(6), pages 1301-1312.
    20. Marton, James & Yelowitz, Aaron & Talbert, Jeffery C., 2014. "A tale of two cities? The heterogeneous impact of medicaid managed care," Journal of Health Economics, Elsevier, vol. 36(C), pages 47-68.
    21. Mark Duggan & Jonathan Gruber & Boris Vabson, 2015. "The Efficiency Consequences of Health Care Privatization: Evidence from Medicare Advantage Exits," NBER Working Papers 21650, National Bureau of Economic Research, Inc.
    22. Moiz Bhai & Danny Hughes, 2024. "Estimating Self-Selection in Medicare Advantage," Working Papers 2024-009, Human Capital and Economic Opportunity Working Group.
    23. Liran Einav & Amy Finkelstein & Yunan Ji & Neale Mahoney, 2020. "Randomized trial shows healthcare payment reform has equal-sized spillover effects on patients not targeted by reform," Proceedings of the National Academy of Sciences, Proceedings of the National Academy of Sciences, vol. 117(32), pages 18939-18947, August.
    24. Amitabh Chandra & Jonathan Holmes & Jonathan Skinner, 2013. "Is This Time Different? The Slowdown in Healthcare Spending," NBER Working Papers 19700, National Bureau of Economic Research, Inc.
    25. Michael L. Barnett & Andrew Olenski & Adam Sacarny, 2020. "Common Practice: Spillovers from Medicare on Private Health Care," NBER Working Papers 27270, National Bureau of Economic Research, Inc.
    26. Matthias Bäuml, 2021. "How do hospitals respond to cross price incentives inherent in diagnosis‐related groups systems? The importance of substitution in the market for sepsis conditions," Health Economics, John Wiley & Sons, Ltd., vol. 30(4), pages 711-728, April.
    27. Philip Britteon & Søren Rud Kristensen & Yiu‐Shing Lau & Ruth McDonald & Matt Sutton, 2025. "Investigating the Spillover Mechanisms of Payment Incentives on the Outcomes for Non‐Targeted Patients," Health Economics, John Wiley & Sons, Ltd., vol. 34(7), pages 1274-1294, July.
    28. Bäuml, Matthias & Dette, Tilman & Pollmann, Michael, 2022. "Price and income effects of hospital reimbursements," Journal of Health Economics, Elsevier, vol. 81(C).
    29. Milovanska-Farrington, Stefani & Farrington, Stephen, 2019. "The effect of the cost of obstetric care on antenatal and postnatal healthcare utilization: Evidence from Armenia," Research in Economics, Elsevier, vol. 73(1), pages 72-84.

Articles

  1. Eggertsson, Gauti B. & Robbins, Jacob A. & Wold, Ella Getz, 2021. "Kaldor and Piketty’s facts: The rise of monopoly power in the United States," Journal of Monetary Economics, Elsevier, vol. 124(S), pages 19-38.
    See citations under working paper version above.
  2. Gauti B. Eggertsson & Neil R. Mehrotra & Jacob A. Robbins, 2019. "A Model of Secular Stagnation: Theory and Quantitative Evaluation," American Economic Journal: Macroeconomics, American Economic Association, vol. 11(1), pages 1-48, January.
    See citations under working paper version above.
  3. Katherine Baicker & Jacob A. Robbins, 2015. "Medicare Payments and System-Level Health-Care Use: The Spillover Effects of Medicare Managed Care," American Journal of Health Economics, MIT Press, vol. 1(4), pages 399-431, Fall.

    Cited by:

    1. Christopher C. Afendulis & Michael E. Chernew & Daniel P. Kessler, 2017. "The Effect of Medicare Advantage on Hospital Admissions and Mortality," American Journal of Health Economics, MIT Press, vol. 3(2), pages 254-279, Spring.
    2. Yevgeniy Feyman & Steven D. Pizer & Austin B. Frakt, 2021. "The persistence of medicare advantage spillovers in the post‐Affordable Care Act era," Health Economics, John Wiley & Sons, Ltd., vol. 30(2), pages 311-327, February.
    3. Elizabeth L. Munnich & Michael R. Richards, 2020. "Treatment flows after outsourcing public insurance provision: Evidence from Florida Medicaid," Health Economics, John Wiley & Sons, Ltd., vol. 29(11), pages 1343-1363, November.
    4. Geruso, Michael & Richards, Michael R., 2022. "Trading spaces: Medicare's regulatory spillovers on treatment setting for non-Medicare patients," Journal of Health Economics, Elsevier, vol. 84(C).
    5. Ajin Lee, 2025. "How does Medicaid managed care affect provider behavior? New evidence from spillovers on private health care," Working Papers 202505, University of California at Riverside, Department of Economics.
    6. Liran Einav & Amy Finkelstein & Yunan Ji & Neale Mahoney, 2020. "Randomized trial shows healthcare payment reform has equal-sized spillover effects on patients not targeted by reform," Proceedings of the National Academy of Sciences, Proceedings of the National Academy of Sciences, vol. 117(32), pages 18939-18947, August.
    7. Lee R. Mobley & Pedro Amaral & Tzy-Mey Kuo & Mei Zhou & Srimoyee Bose, 2017. "Medicare modernization and diffusion of endoscopy in FFS medicare," Health Economics Review, Springer, vol. 7(1), pages 1-9, December.

  4. Baicker, Katherine & Chernew, Michael E. & Robbins, Jacob A., 2013. "The spillover effects of Medicare managed care: Medicare Advantage and hospital utilization," Journal of Health Economics, Elsevier, vol. 32(6), pages 1289-1300.
    See citations under working paper version above.
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