Details about Per Krusell
Access statistics for papers by Per Krusell.
Last updated 2023-03-10. Update your information in the RePEc Author Service.
Short-id: pkr102
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Working Papers
2024
- Who should work how much?
NBER Working Papers, National Bureau of Economic Research, Inc
2023
- The Macroeconomics of Intensive Agriculture
NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
2022
- Climate Change Around the World
NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
Also in 2017 Meeting Papers, Society for Economic Dynamics (2017) View citations (5)
2021
- Fiscal Multipliers: A Heterogenous-Agent Perspective
NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
- Macroeconomic Dynamics with Rigid Wage Contracts
NBER Working Papers, National Bureau of Economic Research, Inc
2020
- Gross Worker Flows and Fluctuations in the Aggregate Labor Market
NBER Working Papers, National Bureau of Economic Research, Inc View citations (7)
See also Journal Article Gross Worker Flows and Fluctuations in the Aggregate Labor Market, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2020) View citations (7) (2020)
- Integrated Epi-Econ Assessment
NBER Working Papers, National Bureau of Economic Research, Inc View citations (13)
Also in Edinburgh School of Economics Discussion Paper Series, Edinburgh School of Economics, University of Edinburgh (2020) View citations (13)
2019
- Directed technical change as a response to natural-resource scarcity
Working Paper Series, Sveriges Riksbank (Central Bank of Sweden) View citations (5)
- The Consequences of Uncertainty: Climate Sensitivity and Economic Sensitivity to the Climate
Working Paper Series, Sveriges Riksbank (Central Bank of Sweden) 
See also Journal Article The Consequences of Uncertainty: Climate Sensitivity and Economic Sensitivity to the Climate, Annual Review of Economics, Annual Reviews (2018) (2018)
2018
- Capital deepening and agricultural labor productivity
2018 Meeting Papers, Society for Economic Dynamics
2017
- A World Equilibrium Model of the Oil Market
NBER Working Papers, National Bureau of Economic Research, Inc View citations (12)
- Exploiting MIT Shocks in Heterogeneous-Agent Economies: The Impulse Response as a Numerical Derivative
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (7)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2017) View citations (9)
See also Journal Article Exploiting MIT shocks in heterogeneous-agent economies: the impulse response as a numerical derivative, Journal of Economic Dynamics and Control, Elsevier (2018) View citations (100) (2018)
- Labor Supply in the Future: Who Will Work?
2017 Meeting Papers, Society for Economic Dynamics View citations (5)
- Lags, Costs and Shocks: An Equilibrium Model of the Oil Industry
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (23)
2016
- Labor Supply in the Past, Present, and Future: a Balanced-Growth Perspective
NBER Working Papers, National Bureau of Economic Research, Inc View citations (30)
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2016) View citations (34) 2016 Meeting Papers, Society for Economic Dynamics (2016) View citations (30)
See also Journal Article Labor Supply in the Past, Present, and Future: A Balanced-Growth Perspective, Journal of Political Economy, University of Chicago Press (2020) View citations (49) (2020)
- The Historical Evolution of the Wealth Distribution: A Quantitative-Theoretic Investigation
NBER Working Papers, National Bureau of Economic Research, Inc View citations (33)
Also in 2015 Meeting Papers, Society for Economic Dynamics (2015) View citations (16)
- The New Keynesian Transmission Mechanism: A Heterogenous-Agent Perspective
NBER Working Papers, National Bureau of Economic Research, Inc View citations (15)
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2016) View citations (39)
See also Journal Article The New Keynesian Transmission Mechanism: A Heterogeneous-Agent Perspective, The Review of Economic Studies, Review of Economic Studies Ltd (2020) View citations (48) (2020)
- Unions in a frictional labor market
Working Papers, Federal Reserve Bank of Philadelphia View citations (24)
Also in Discussion Papers, Centre for Macroeconomics (CFM) (2015)  Boston University - Department of Economics - Working Papers Series, Boston University - Department of Economics (2012) View citations (9) LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2015)  NBER Working Papers, National Bureau of Economic Research, Inc (2012) View citations (18) 2011 Meeting Papers, Society for Economic Dynamics (2011) 
See also Journal Article Unions in a frictional labor market, Journal of Monetary Economics, Elsevier (2016) View citations (24) (2016)
2015
- Energy-Saving Technical Change
Discussion Papers, Centre for Macroeconomics (CFM) View citations (9)
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2012) View citations (108) NBER Working Papers, National Bureau of Economic Research, Inc (2012) View citations (98) LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2015) View citations (9)
- Fiscal Multipliers in the 21st Century
2015 Meeting Papers, Society for Economic Dynamics View citations (12)
Also in GEE Papers, Gabinete de Estratégia e Estudos, Ministério da Economia (2015) View citations (5) EUI-RSCAS Working Papers, European University Institute (EUI), Robert Schuman Centre of Advanced Studies (RSCAS) (2014) View citations (7) 2014 Papers, Job Market Papers (2014) View citations (7) RSCAS Working Papers, European University Institute (2014) View citations (27)
See also Journal Article Fiscal multipliers in the 21st century, Journal of Monetary Economics, Elsevier (2016) View citations (82) (2016)
- Gross Worker Flows over the Business Cycle
Discussion Papers, Centre for Macroeconomics (CFM) View citations (4)
Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2015) View citations (3)
See also Journal Article Gross Worker Flows over the Business Cycle, American Economic Review, American Economic Association (2017) View citations (51) (2017)
- The New Keynesian Transmission Channel
2015 Meeting Papers, Society for Economic Dynamics View citations (6)
2014
- Asset Trading and Valuation with Uncertain Exposure
Working Paper, Federal Reserve Bank of Richmond
2012
- Constrained efficiency in the neoclassical growth model with uninsurable idiosyncratic shocks
LIDAM Reprints CORE, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) View citations (69)
Also in PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2005) View citations (21) Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers), HAL (2005) View citations (16) Post-Print, HAL (2012) View citations (26) Post-Print, HAL (2005) View citations (9) Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers), HAL (2012) View citations (72) Cahiers de la Maison des Sciences Economiques, Université Panthéon-Sorbonne (Paris 1) (2005) View citations (83)
See also Journal Article Constrained Efficiency in the Neoclassical Growth Model With Uninsurable Idiosyncratic Shocks, Econometrica, Econometric Society (2012) View citations (166) (2012)
- Economics and Climate Change: Integrated Assessment in a Multi-Region World
NBER Working Papers, National Bureau of Economic Research, Inc View citations (99)
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2012) View citations (98)
See also Journal Article ECONOMICS AND CLIMATE CHANGE: INTEGRATED ASSESSMENT IN A MULTI-REGION WORLD, Journal of the European Economic Association, European Economic Association (2012) View citations (91) (2012)
- Is Labor Supply Important for Business Cycles?
NBER Working Papers, National Bureau of Economic Research, Inc View citations (26)
2011
- Directed Energy-Saving Technical Change
2011 Meeting Papers, Society for Economic Dynamics View citations (6)
- Labor Supply and Frictions over the Business Cycle
2011 Meeting Papers, Society for Economic Dynamics View citations (3)
- Optimal Taxes on Fossil Fuel in General Equilibrium
NBER Working Papers, National Bureau of Economic Research, Inc View citations (49)
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2011) View citations (50)
See also Journal Article Optimal Taxes on Fossil Fuel in General Equilibrium, Econometrica, Econometric Society (2014) View citations (525) (2014)
- The World Distribution of Productivity: Country TFP Choice in a Nelson-Phelps Economy
2011 Meeting Papers, Society for Economic Dynamics 
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2010) View citations (2) Working Paper Series, Research Institute of Industrial Economics (2010) View citations (1) CEPR Discussion Papers, C.E.P.R. Discussion Papers (2010) View citations (1)
2009
- A Global Equilibrium Model of Economy-Climate Interactions
2009 Meeting Papers, Society for Economic Dynamics
- A QUANTITATIVE DYNAMIC GENERAL EQUILIBRIUM MODEL OF CLIMATE CHANGE AND THE GLOBAL ECONOMY
2009 Meeting Papers, Society for Economic Dynamics
- A Three State Model of Worker Flows in General Equilibrium
NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2009) View citations (13)
See also Journal Article A three state model of worker flows in general equilibrium, Journal of Economic Theory, Elsevier (2011) View citations (76) (2011)
- Aggregate Labor Market Outcomes: The Role of Choice and Chance
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (9)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2009) View citations (3)
See also Journal Article Aggregate labor market outcomes: The roles of choice and chance, Quantitative Economics, Econometric Society (2010) View citations (29) (2010)
- Employment in the US and Europe: The Roles of Taxes and Benefits
2009 Meeting Papers, Society for Economic Dynamics
- Labor supply in a frictional labor market
2009 Meeting Papers, Society for Economic Dynamics View citations (2)
- Labor-Market Matching with Precautionary Savings and Aggregate Fluctuations
NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
Also in Levine's Bibliography, UCLA Department of Economics (2007) View citations (10) CEPR Discussion Papers, C.E.P.R. Discussion Papers (2009) View citations (39)
See also Journal Article Labour-Market Matching with Precautionary Savings and Aggregate Fluctuations, The Review of Economic Studies, Review of Economic Studies Ltd (2010) View citations (219) (2010)
2008
- A Project on Economics and Global Change
Annual Meeting Plenary, Society for Economic Dynamics
- Aggregate Implications of Indivisible Labor, Incomplete Markets, and Labor Market Frictions
NBER Working Papers, National Bureau of Economic Research, Inc View citations (35)
See also Journal Article Aggregate implications of indivisible labor, incomplete markets, and labor market frictions, Journal of Monetary Economics, Elsevier (2008) View citations (40) (2008)
- Appendices for "Revisiting the Welfare Effects of Eliminating Business Cycles"
Online Appendices, Review of Economic Dynamics 
See also Journal Article Revisiting the Welfare Effects of Eliminating Business Cycles, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2009) View citations (114) (2009)
- Asset Prices in a Huggett Economy
2008 Meeting Papers, Society for Economic Dynamics View citations (1)
See also Journal Article Asset prices in a Huggett economy, Journal of Economic Theory, Elsevier (2011) View citations (78) (2011)
- Revisiting the Welfare Effects of Eliminating Business Cycles: The case of short-term and long-term unemployment
2008 Meeting Papers, Society for Economic Dynamics
2007
- Frictional Wage Dispersion in Search Models: A Quantitative Assessment
NBER Working Papers, National Bureau of Economic Research, Inc View citations (40)
Also in Working Paper, Federal Reserve Bank of Richmond (2006) View citations (27)
See also Journal Article Frictional Wage Dispersion in Search Models: A Quantitative Assessment, American Economic Review, American Economic Association (2011) View citations (247) (2011)
- Matching with Precautionary Savings
2007 Meeting Papers, Society for Economic Dynamics View citations (7)
- On the Optimal Timing of Capital Taxes
IEW - Working Papers, Institute for Empirical Research in Economics - University of Zurich View citations (3)
See also Journal Article On the optimal timing of capital taxes, Journal of Monetary Economics, Elsevier (2008) View citations (8) (2008)
- The Aggregate Implications of Indivisible Labor, Incomplete Markets and Search Frictions
2007 Meeting Papers, Society for Economic Dynamics View citations (1)
2006
- Frictional Wage Dispersion in Search Models: A Quantitative Approach
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (9)
- Frictional Wage Inequality: A Puzzle?
2006 Meeting Papers, Society for Economic Dynamics
- Technical appendix for \"Frictional wage dispersion in search models: a quantitative assessment\"
Working Paper, Federal Reserve Bank of Richmond View citations (7)
- Technology-policy interaction in frictional labor markets
Working Paper, Federal Reserve Bank of Richmond View citations (5)
See also Journal Article Technology—Policy Interaction in Frictional Labour-Markets, The Review of Economic Studies, Review of Economic Studies Ltd (2007) View citations (31) (2007)
- The political economy of labor subsidies
Working Paper, Federal Reserve Bank of Richmond View citations (1)
Also in 2006 Meeting Papers, Society for Economic Dynamics (2006) View citations (2)
- Time Consistent Debt
2006 Meeting Papers, Society for Economic Dynamics View citations (19)
2005
- A Quantitative Model of Competitive Asset Pricing Under Private Information
2005 Meeting Papers, Society for Economic Dynamics View citations (1)
- Dynamic Politico-economic Equilibrium: Aggregation, First-order Conditions, and Computation
Computing in Economics and Finance 2005, Society for Computational Economics
- Median-voter Equilibria in the Neoclassical Growth Model under Aggregation: Working Paper 2005-09
Working Papers, Congressional Budget Office
- The Effects of Technical Change on Labour Market Inequalities
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (6)
Also in Working Paper, Federal Reserve Bank of Richmond (2004) View citations (9)
See also Chapter The Effects of Technical Change on Labor Market Inequalities, Handbook of Economic Growth, Elsevier (2005) View citations (102) (2005)
- The Replacement Problem in Frictional Economies: An 'Equivalence Result'
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (9)
- The replacement problem in frictional economies: a near equivalence result
Working Paper, Federal Reserve Bank of Richmond View citations (9)
See also Journal Article The Replacement Problem In Frictional Economies: A Near-Equivalence Result, Journal of the European Economic Association, MIT Press (2005) View citations (9) (2005)
2004
- A Quantitative Study of the Replacement Problem in Frictional Economies
2004 Meeting Papers, Society for Economic Dynamics
- On the Optimal Timing of Taxes
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (3)
- Optimal vs. time-consistent tax cycles
2004 Meeting Papers, Society for Economic Dynamics
- Time Consistent Public Expenditures
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (36)
Also in Levine's Bibliography, UCLA Department of Economics (2004) View citations (31)
2002
- Vintage Capital as an Origin of Inequalities
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (8)
Also in Working Paper, Federal Reserve Bank of Richmond (2002) View citations (5)
See also Journal Article Vintage capital as an origin of inequalities, Proceedings, Federal Reserve Bank of San Francisco (2002) View citations (6) (2002)
2001
- Consumption Savings Decisions with Quasi-Geometric Discounting
NajEcon Working Paper Reviews, www.najecon.org View citations (9)
Also in GSIA Working Papers, Carnegie Mellon University, Tepper School of Business View citations (6) Levine's Working Paper Archive, David K. Levine (2001) View citations (9) CEPR Discussion Papers, C.E.P.R. Discussion Papers (2001) View citations (35)
See also Journal Article Consumption--Savings Decisions with Quasi--Geometric Discounting, Econometrica, Econometric Society (2003) View citations (171) (2003)
- Equilibrium Welfare and Government Policy with Quasi-Geometric Discounting
Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area View citations (14)
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2001) View citations (29) GSIA Working Papers, Carnegie Mellon University, Tepper School of Business View citations (7)
See also Journal Article Equilibrium Welfare and Government Policy with Quasi-geometric Discounting, Journal of Economic Theory, Elsevier (2002) View citations (140) (2002)
2000
- Temptation and Taxation
GSIA Working Papers, Carnegie Mellon University, Tepper School of Business View citations (18)
See also Journal Article Temptation and Taxation, Econometrica, Econometric Society (2010) View citations (63) (2010)
1998
- The Role of Investment-Specific Technological Change in the Business Cycle
RCER Working Papers, University of Rochester - Center for Economic Research (RCER) View citations (53)
See also Journal Article The role of investment-specific technological change in the business cycle, European Economic Review, Elsevier (2000) View citations (412) (2000)
1997
- Capital-skill complementarity and inequality: a macroeconomic analysis
Staff Report, Federal Reserve Bank of Minneapolis View citations (191)
See also Journal Article Capital-Skill Complementarity and Inequality: A Macroeconomic Analysis, Econometrica, Econometric Society (2000) View citations (1016) (2000)
- On the size of U.S. government: political economy in the neoclassical growth model
Staff Report, Federal Reserve Bank of Minneapolis View citations (3)
See also Journal Article On the Size of U.S. Government: Political Economy in the Neoclassical Growth Model, American Economic Review, American Economic Association (1999) View citations (133) (1999)
1996
- Long-Run Implications of Investment-Specific Technological Change
RCER Working Papers, University of Rochester - Center for Economic Research (RCER) View citations (11)
Also in University of Western Ontario, Departmental Research Report Series, University of Western Ontario, Department of Economics (1995) View citations (38)
See also Journal Article Long-Run Implications of Investment-Specific Technological Change, American Economic Review, American Economic Association (1997) View citations (890) (1997)
1995
- Income and Wealth Heterogeneity in the Macroeconomic
RCER Working Papers, University of Rochester - Center for Economic Research (RCER) View citations (3)
Also in GSIA Working Papers, Carnegie Mellon University, Tepper School of Business View citations (17)
See also Journal Article Income and Wealth Heterogeneity in the Macroeconomy, Journal of Political Economy, University of Chicago Press (1998) View citations (1690) (1998)
1994
- What Constitutions Promote Capital Accumulation? A Political-Economy Approach
Wallis Working Papers, University of Rochester - Wallis Institute of Political Economy View citations (10)
1993
- Vested Interests in a Positive Theory of Stagnation and Growth
Working Papers, Stockholm - International Economic Studies View citations (11)
See also Journal Article Vested Interests in a Positive Theory of Stagnation and Growth, The Review of Economic Studies, Review of Economic Studies Ltd (1996) View citations (241) (1996)
1992
- Macroeconomic Implications of Investment-Specific Technological Change
Working Papers, Stockholm - International Economic Studies View citations (9)
Also in Discussion Paper / Institute for Empirical Macroeconomics, Federal Reserve Bank of Minneapolis (1992) View citations (28)
1991
- Dynamic, Firm-Specific Increasing and the Long-Run Performance of Growing Economies
Working Papers, Stockholm - International Economic Studies View citations (1)
Undated
- Income and Wealth Heterogeneity, Portfolio Choice, and Equilibrium Asset Returns
GSIA Working Papers, Carnegie Mellon University, Tepper School of Business View citations (53)
See also Journal Article INCOME AND WEALTH HETEROGENEITY, PORTFOLIO CHOICE, AND EQUILIBRIUM ASSET RETURNS, Macroeconomic Dynamics, Cambridge University Press (1997) View citations (268) (1997)
- On the Welfare Effects of Eliminating Business Cycles
GSIA Working Papers, Carnegie Mellon University, Tepper School of Business View citations (21)
See also Journal Article On the Welfare Effects of Eliminating Business Cycles, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (1999) View citations (150) (1999)
- Time Orientation and Asset Prices
GSIA Working Papers, Carnegie Mellon University, Tepper School of Business View citations (10)
See also Journal Article Time orientation and asset prices, Journal of Monetary Economics, Elsevier (2002) View citations (32) (2002)
Journal Articles
2023
- Labor supply when productivity keeps growing
Review of Economic Dynamics, 2023, 50, 61-87
2020
- Gross Worker Flows and Fluctuations in the Aggregate Labor Market
Review of Economic Dynamics, 2020, 37 Supplement 1, S205-S226 View citations (7)
See also Working Paper Gross Worker Flows and Fluctuations in the Aggregate Labor Market, NBER Working Papers (2020) View citations (7) (2020)
- Labor Supply in the Past, Present, and Future: A Balanced-Growth Perspective
Journal of Political Economy, 2020, 128, (1), 118 - 157 View citations (49)
See also Working Paper Labor Supply in the Past, Present, and Future: a Balanced-Growth Perspective, NBER Working Papers (2016) View citations (30) (2016)
- The New Keynesian Transmission Mechanism: A Heterogeneous-Agent Perspective
The Review of Economic Studies, 2020, 87, (1), 77-101 View citations (48)
See also Working Paper The New Keynesian Transmission Mechanism: A Heterogenous-Agent Perspective, NBER Working Papers (2016) View citations (15) (2016)
2018
- Comment
NBER Macroeconomics Annual, 2018, 32, (1), 93 - 108
- Exploiting MIT shocks in heterogeneous-agent economies: the impulse response as a numerical derivative
Journal of Economic Dynamics and Control, 2018, 89, (C), 68-92 View citations (100)
See also Working Paper Exploiting MIT Shocks in Heterogeneous-Agent Economies: The Impulse Response as a Numerical Derivative, CEPR Discussion Papers (2017) View citations (7) (2017)
- The Consequences of Uncertainty: Climate Sensitivity and Economic Sensitivity to the Climate
Annual Review of Economics, 2018, 10, (1), 189-205 
See also Working Paper The Consequences of Uncertainty: Climate Sensitivity and Economic Sensitivity to the Climate, Working Paper Series (2019) (2019)
2017
- Gross Worker Flows over the Business Cycle
American Economic Review, 2017, 107, (11), 3447-76 View citations (51)
See also Working Paper Gross Worker Flows over the Business Cycle, Discussion Papers (2015) View citations (4) (2015)
2016
- Climate policy
Economic Policy, 2016, 31, (87), 503-558 View citations (1)
- Fiscal multipliers in the 21st century
Journal of Monetary Economics, 2016, 77, (C), 53-69 View citations (82)
See also Working Paper Fiscal Multipliers in the 21st Century, 2015 Meeting Papers (2015) View citations (12) (2015)
- Unions in a frictional labor market
Journal of Monetary Economics, 2016, 80, (C), 35-50 View citations (24)
See also Working Paper Unions in a frictional labor market, Working Papers (2016) View citations (24) (2016)
2015
- Is Piketty's "Second Law of Capitalism" Fundamental?
Journal of Political Economy, 2015, 123, (4), 725 - 748 View citations (34)
2014
- Optimal Taxes on Fossil Fuel in General Equilibrium
Econometrica, 2014, 82, (1), 41-88 View citations (525)
See also Working Paper Optimal Taxes on Fossil Fuel in General Equilibrium, NBER Working Papers (2011) View citations (49) (2011)
2012
- Constrained Efficiency in the Neoclassical Growth Model With Uninsurable Idiosyncratic Shocks
Econometrica, 2012, 80, (6), 2431-2467 View citations (166)
See also Working Paper Constrained efficiency in the neoclassical growth model with uninsurable idiosyncratic shocks, LIDAM Reprints CORE (2012) View citations (69) (2012)
- ECONOMICS AND CLIMATE CHANGE: INTEGRATED ASSESSMENT IN A MULTI-REGION WORLD
Journal of the European Economic Association, 2012, 10, (5), 974-1000 View citations (91)
See also Working Paper Economics and Climate Change: Integrated Assessment in a Multi-Region World, NBER Working Papers (2012) View citations (99) (2012)
2011
- A three state model of worker flows in general equilibrium
Journal of Economic Theory, 2011, 146, (3), 1107-1133 View citations (76)
See also Working Paper A Three State Model of Worker Flows in General Equilibrium, NBER Working Papers (2009) View citations (3) (2009)
- Asset prices in a Huggett economy
Journal of Economic Theory, 2011, 146, (3), 812-844 View citations (78)
See also Working Paper Asset Prices in a Huggett Economy, 2008 Meeting Papers (2008) View citations (1) (2008)
- Frictional Wage Dispersion in Search Models: A Quantitative Assessment
American Economic Review, 2011, 101, (7), 2873-98 View citations (247)
See also Working Paper Frictional Wage Dispersion in Search Models: A Quantitative Assessment, NBER Working Papers (2007) View citations (40) (2007)
2010
- Aggregate labor market outcomes: The roles of choice and chance
Quantitative Economics, 2010, 1, (1), 97-127 View citations (29)
See also Working Paper Aggregate Labor Market Outcomes: The Role of Choice and Chance, CEPR Discussion Papers (2009) View citations (9) (2009)
- Labour-Market Matching with Precautionary Savings and Aggregate Fluctuations
The Review of Economic Studies, 2010, 77, (4), 1477-1507 View citations (219)
See also Working Paper Labor-Market Matching with Precautionary Savings and Aggregate Fluctuations, NBER Working Papers (2009) View citations (2) (2009)
- News shocks and business cycles
Economic Quarterly, 2010, 96, (4Q), 373-397 View citations (13)
- Oil Monopoly and the Climate
American Economic Review, 2010, 100, (2), 460-64 View citations (22)
- Temptation and Taxation
Econometrica, 2010, 78, (6), 2063-2084 View citations (63)
See also Working Paper Temptation and Taxation, GSIA Working Papers (2000) View citations (18) (2000)
2009
- Revisiting the Welfare Effects of Eliminating Business Cycles
Review of Economic Dynamics, 2009, 12, (3), 393-402 View citations (114)
See also Software Item Code files for "Revisiting the Welfare Effects of Eliminating Business Cycles", Computer Codes (2008) (2008) Working Paper Appendices for "Revisiting the Welfare Effects of Eliminating Business Cycles", Online Appendices (2008) (2008)
2008
- Aggregate implications of indivisible labor, incomplete markets, and labor market frictions
Journal of Monetary Economics, 2008, 55, (5), 961-979 View citations (40)
See also Working Paper Aggregate Implications of Indivisible Labor, Incomplete Markets, and Labor Market Frictions, NBER Working Papers (2008) View citations (35) (2008)
- Aggregation and Aggregation
Journal of the European Economic Association, 2008, 6, (2-3), 381-394 View citations (11)
- On the optimal timing of capital taxes
Journal of Monetary Economics, 2008, 55, (4), 692-709 View citations (8)
See also Working Paper On the Optimal Timing of Capital Taxes, IEW - Working Papers (2007) View citations (3) (2007)
- Production subsidies and redistribution
Journal of Economic Theory, 2008, 142, (1), 73-99 View citations (24)
- Time-Consistent Public Policy
The Review of Economic Studies, 2008, 75, (3), 789-808 View citations (201)
2007
- EconomicDynamics Interviews Per Krusell on Search and Matching
EconomicDynamics Newsletter, 2007, 8, (2)
- Growth accounting with investment-specific technological progress: A discussion of two approaches
Journal of Monetary Economics, 2007, 54, (4), 1300-1310 View citations (36)
- Technology—Policy Interaction in Frictional Labour-Markets
The Review of Economic Studies, 2007, 74, (4), 1089-1124 View citations (31)
See also Working Paper Technology-policy interaction in frictional labor markets, Working Paper (2006) View citations (5) (2006)
2006
- Median‐voter Equilibria in the Neoclassical Growth Model under Aggregation
Scandinavian Journal of Economics, 2006, 108, (4), 587-606 View citations (27)
2005
- The Replacement Problem In Frictional Economies: A Near-Equivalence Result
Journal of the European Economic Association, 2005, 3, (5), 1007-1057 View citations (9)
See also Working Paper The replacement problem in frictional economies: a near equivalence result, Working Paper (2005) View citations (9) (2005)
- The dynamics of government
Journal of Monetary Economics, 2005, 52, (7), 1331-1358 View citations (95)
- Unemployment and vacancy fluctuations in the matching model: inspecting the mechanism
Economic Quarterly, 2005, 91, (Sum), 19-50 View citations (132)
2003
- Consumption--Savings Decisions with Quasi--Geometric Discounting
Econometrica, 2003, 71, (1), 365-375 View citations (171)
See also Working Paper Consumption Savings Decisions with Quasi-Geometric Discounting, NajEcon Working Paper Reviews (2001) View citations (9) (2001)
- Implications of the capital-embodiment revolution for directed R&D and wage inequality
Economic Quarterly, 2003, 89, (Fall), 25-50 View citations (8)
2002
- Equilibrium Welfare and Government Policy with Quasi-geometric Discounting
Journal of Economic Theory, 2002, 105, (1), 42-72 View citations (140)
See also Working Paper Equilibrium Welfare and Government Policy with Quasi-Geometric Discounting, Temi di discussione (Economic working papers) (2001) View citations (14) (2001)
- Time orientation and asset prices
Journal of Monetary Economics, 2002, 49, (1), 107-135 View citations (32)
See also Working Paper Time Orientation and Asset Prices, GSIA Working Papers View citations (10)
- Time-consistent redistribution
European Economic Review, 2002, 46, (4-5), 755-769 View citations (26)
- Vintage capital as an origin of inequalities
Proceedings, 2002, (Nov) View citations (6)
See also Working Paper Vintage Capital as an Origin of Inequalities, CEPR Discussion Papers (2002) View citations (8) (2002)
2000
- Capital-Skill Complementarity and Inequality: A Macroeconomic Analysis
Econometrica, 2000, 68, (5), 1029-1054 View citations (1016)
See also Working Paper Capital-skill complementarity and inequality: a macroeconomic analysis, Staff Report (1997) View citations (191) (1997)
- Tax Policy with Quasi-Geometric Discounting
International Economic Journal, 2000, 14, (3), 1-40 View citations (3)
- The IT revolution: is it evident in the productivity numbers?
Economic Quarterly, 2000, (Fall), 49-78 View citations (9)
- The role of investment-specific technological change in the business cycle
European Economic Review, 2000, 44, (1), 91-115 View citations (412)
See also Working Paper The Role of Investment-Specific Technological Change in the Business Cycle, RCER Working Papers (1998) View citations (53) (1998)
1999
- Foreword
Review of Economic Dynamics, 1999, 2, (1), 1
- On the Size of U.S. Government: Political Economy in the Neoclassical Growth Model
American Economic Review, 1999, 89, (5), 1156-1181 View citations (133)
See also Working Paper On the size of U.S. government: political economy in the neoclassical growth model, Staff Report (1997) View citations (3) (1997)
- On the Welfare Effects of Eliminating Business Cycles
Review of Economic Dynamics, 1999, 2, (1), 245-272 View citations (150)
See also Working Paper On the Welfare Effects of Eliminating Business Cycles, GSIA Working Papers View citations (21)
1998
- Income and Wealth Heterogeneity in the Macroeconomy
Journal of Political Economy, 1998, 106, (5), 867-896 View citations (1690)
See also Working Paper Income and Wealth Heterogeneity in the Macroeconomic, RCER Working Papers (1995) View citations (3) (1995)
- Investment-Specific R&D and the Decline in the Relative Price of Capital
Journal of Economic Growth, 1998, 3, (2), 131-41 View citations (79)
1997
- INCOME AND WEALTH HETEROGENEITY, PORTFOLIO CHOICE, AND EQUILIBRIUM ASSET RETURNS
Macroeconomic Dynamics, 1997, 1, (2), 387-422 View citations (268)
See also Working Paper Income and Wealth Heterogeneity, Portfolio Choice, and Equilibrium Asset Returns, GSIA Working Papers View citations (53)
- Long-Run Implications of Investment-Specific Technological Change
American Economic Review, 1997, 87, (3), 342-62 View citations (890)
See also Working Paper Long-Run Implications of Investment-Specific Technological Change, RCER Working Papers (1996) View citations (11) (1996)
- Politico-economic equilibrium and economic growth
Journal of Economic Dynamics and Control, 1997, 21, (1), 243-272 View citations (195)
- Quality change in the CPI - commentary
Review, 1997, (May), 107-111
1996
- Are consumption taxes really better than income taxes?
Journal of Monetary Economics, 1996, 37, (3), 475-503 View citations (89)
- Endogenous tax policy and the distribution of wealth A comment
Carnegie-Rochester Conference Series on Public Policy, 1996, 45, (1), 243-252
- Rules of thumb in macroeconomic equilibrium A quantitative analysis
Journal of Economic Dynamics and Control, 1996, 20, (4), 527-558 View citations (38)
- Vested Interests in a Positive Theory of Stagnation and Growth
The Review of Economic Studies, 1996, 63, (2), 301-329 View citations (241)
See also Working Paper Vested Interests in a Positive Theory of Stagnation and Growth, Working Papers (1993) View citations (11) (1993)
1993
- Money and Insurance in a Turnpike Environment
Economic Theory, 1993, 3, (1), 19-34 View citations (9)
Chapters
2021
- Comment on "Climate Change Uncertainty Spillover in the Macroeconomy"
A chapter in NBER Macroeconomics Annual 2021, volume 36, 2021, pp 329-334
- Finite Resources and the World Economy
A chapter in NBER International Seminar on Macroeconomics 2021, 2021
2020
- Sources of US Wealth Inequality: Past, Present, and Future
A chapter in NBER Macroeconomics Annual 2020, volume 35, 2020, pp 391-455 View citations (41)
2017
- Comment on "When Inequality Matters for Macro and Macro Matters for Inequality"
A chapter in NBER Macroeconomics Annual 2017, volume 32, 2017, pp 93-108 View citations (1)
2016
- Environmental Macroeconomics
Elsevier View citations (9)
2005
- The Effects of Technical Change on Labor Market Inequalities
Chapter 20 in Handbook of Economic Growth, 2005, vol. 1, Part B, pp 1275-1370 View citations (102)
See also Working Paper The Effects of Technical Change on Labour Market Inequalities, C.E.P.R. Discussion Papers (2005) View citations (6) (2005)
1996
- Can Technology Improvements Cause Productivity Slowdowns?
A chapter in NBER Macroeconomics Annual 1996, Volume 11, 1996, pp 209-276 View citations (164)
Software Items
2008
- Code files for "Revisiting the Welfare Effects of Eliminating Business Cycles"
Computer Codes, Review of Economic Dynamics 
See also Journal Article Revisiting the Welfare Effects of Eliminating Business Cycles, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2009) View citations (114) (2009)
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