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Details about Per Krusell

E-mail:
Homepage:http://www.princeton.edu/~pkrusell/
Phone:+46 8 163073
Postal address:Institute for International Economic Studies Stockholm University S - 106 91 Stockholm SWEDEN
Workplace:Institute for International Economic Studies (IIES), Stockholms Universitet (Stockholm University), (more information at EDIRC)

Access statistics for papers by Per Krusell.

Last updated 2012-11-21. Update your information in the RePEc Author Service.

Short-id: pkr102


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Working Papers

2012

  1. Economics and Climate Change: Integrated Assessment in a Multi-Region World
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (3)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2012) Downloads View citations (10)

    See also Journal Article in Journal of the European Economic Association (2012)
  2. Energy-Saving Technical Change
    CEPR Discussion Papers, C.E.P.R. Discussion Papers Downloads View citations (23)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2012) Downloads View citations (5)
  3. Is Labor Supply Important for Business Cycles?
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (7)
  4. Unions in a Frictional Labor Market
    Boston University - Department of Economics - Working Papers Series, Boston University - Department of Economics Downloads View citations (1)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2012) Downloads View citations (7)
    2011 Meeting Papers, Society for Economic Dynamics (2011) Downloads

2011

  1. Directed Energy-Saving Technical Change
    2011 Meeting Papers, Society for Economic Dynamics View citations (1)
  2. Labor Supply and Frictions over the Business Cycle
    2011 Meeting Papers, Society for Economic Dynamics View citations (2)
  3. Optimal Taxes on Fossil Fuel in General Equilibrium
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (18)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2011) Downloads View citations (24)
  4. The World Distribution of Productivity: Country TFP Choice in a Nelson-Phelps Economy
    2011 Meeting Papers, Society for Economic Dynamics Downloads
    Also in Working Paper Series, Research Institute of Industrial Economics (2010) Downloads View citations (1)
    NBER Working Papers, National Bureau of Economic Research, Inc (2010) Downloads View citations (1)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2010) Downloads View citations (1)

2009

  1. A Global Equilibrium Model of Economy-Climate Interactions
    2009 Meeting Papers, Society for Economic Dynamics Downloads
  2. A QUANTITATIVE DYNAMIC GENERAL EQUILIBRIUM MODEL OF CLIMATE CHANGE AND THE GLOBAL ECONOMY
    2009 Meeting Papers, Society for Economic Dynamics
  3. A Three State Model of Worker Flows in General Equilibrium
    CEPR Discussion Papers, C.E.P.R. Discussion Papers Downloads View citations (12)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2009) Downloads View citations (3)

    See also Journal Article in Journal of Economic Theory (2011)
  4. Aggregate Labor Market Outcomes: The Role of Choice and Chance
    CEPR Discussion Papers, C.E.P.R. Discussion Papers Downloads View citations (9)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2009) Downloads View citations (2)

    See also Journal Article in Quantitative Economics (2010)
  5. Employment in the US and Europe: The Roles of Taxes and Benefits
    2009 Meeting Papers, Society for Economic Dynamics
  6. Labor supply in a frictional labor market
    2009 Meeting Papers, Society for Economic Dynamics Downloads View citations (2)
  7. Labor-Market Matching with Precautionary Savings and Aggregate Fluctuations
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads
    Also in Levine's Bibliography, UCLA Department of Economics (2007) Downloads View citations (4)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2009) Downloads View citations (32)

2008

  1. Aggregate Implications of Indivisible Labor, Incomplete Markets, and Labor Market Frictions
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (12)
    See also Journal Article in Journal of Monetary Economics (2008)
  2. Appendices for "Revisiting the Welfare Effects of Eliminating Business Cycles"
    Technical Appendices, Review of Economic Dynamics Downloads
    See also Journal Article in Review of Economic Dynamics (2009)
  3. Asset Prices in a Huggett Economy
    2008 Meeting Papers, Society for Economic Dynamics Downloads
    See also Journal Article in Journal of Economic Theory (2011)
  4. Revisiting the Welfare Effects of Eliminating Business Cycles: The case of short-term and long-term unemployment
    2008 Meeting Papers, Society for Economic Dynamics View citations (1)

2007

  1. Frictional Wage Dispersion in Search Models: A Quantitative Assessment
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (8)
    Also in Working Paper, Federal Reserve Bank of Richmond (2006) Downloads View citations (22)

    See also Journal Article in American Economic Review (2011)
  2. Matching with Precautionary Savings
    2007 Meeting Papers, Society for Economic Dynamics
  3. On the Optimal Timing of Capital Taxes
    IEW - Working Papers, Institute for Empirical Research in Economics - University of Zurich Downloads View citations (3)
    See also Journal Article in Journal of Monetary Economics (2008)
  4. The Aggregate Implications of Indivisible Labor, Incomplete Markets and Search Frictions
    2007 Meeting Papers, Society for Economic Dynamics View citations (1)

2006

  1. Frictional Wage Dispersion in Search Models: A Quantitative Approach
    CEPR Discussion Papers, C.E.P.R. Discussion Papers Downloads View citations (6)
  2. Frictional Wage Inequality: A Puzzle?
    2006 Meeting Papers, Society for Economic Dynamics View citations (1)
  3. Technical appendix for "Frictional wage dispersion in search models: a quantitative assessment"
    Working Paper, Federal Reserve Bank of Richmond Downloads View citations (5)
  4. Technology-policy interaction in frictional labor markets
    Working Paper, Federal Reserve Bank of Richmond Downloads View citations (5)
  5. The political economy of labor subsidies
    Working Paper, Federal Reserve Bank of Richmond Downloads View citations (1)
    Also in 2006 Meeting Papers, Society for Economic Dynamics (2006) View citations (2)
  6. Time Consistent Debt
    2006 Meeting Papers, Society for Economic Dynamics View citations (13)

2005

  1. A Quantitative Model of Competitive Asset Pricing Under Private Information
    2005 Meeting Papers, Society for Economic Dynamics View citations (1)
  2. Constrained efficiency in the neoclassical growth model with uninsurable idiosyncratic shocks
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania Downloads View citations (24)
    Also in Cahiers de la Maison des Sciences Economiques, Université Panthéon-Sorbonne (Paris 1) (2005) Downloads View citations (15)
    Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers), HAL (2005) Downloads View citations (13)
  3. Dynamic Politico-economic Equilibrium: Aggregation, First-order Conditions, and Computation
    Computing in Economics and Finance 2005, Society for Computational Economics
  4. The Effects of Technical Change on Labour Market Inequalities
    CEPR Discussion Papers, C.E.P.R. Discussion Papers Downloads View citations (3)
    Also in Working Paper, Federal Reserve Bank of Richmond (2004) Downloads View citations (2)

    See also Chapter (2005)
  5. The Replacement Problem in Frictional Economies: An 'Equivalence Result'
    CEPR Discussion Papers, C.E.P.R. Discussion Papers Downloads View citations (5)
  6. The replacement problem in frictional economies: a near equivalence result
    Working Paper, Federal Reserve Bank of Richmond Downloads View citations (7)
    See also Journal Article in Journal of the European Economic Association (2005)

2004

  1. A Quantitative Study of the Replacement Problem in Frictional Economies
    2004 Meeting Papers, Society for Economic Dynamics Downloads
  2. On the Optimal Timing of Taxes
    CEPR Discussion Papers, C.E.P.R. Discussion Papers Downloads
  3. Optimal vs. time-consistent tax cycles
    2004 Meeting Papers, Society for Economic Dynamics
  4. Time Consistent Public Expenditures
    CEPR Discussion Papers, C.E.P.R. Discussion Papers Downloads View citations (26)
    Also in Levine's Bibliography, UCLA Department of Economics (2004) Downloads View citations (26)

2002

  1. Vintage Capital as an Origin of Inequalities
    CEPR Discussion Papers, C.E.P.R. Discussion Papers Downloads View citations (5)
    Also in Working Paper, Federal Reserve Bank of Richmond (2002) View citations (3)

    See also Journal Article in Proceedings (2002)

2001

  1. Consumption Savings Decisions with Quasi-Geometric Discounting
    NajEcon Working Paper Reviews, www.najecon.org Downloads View citations (8)
    Also in Levine's Working Paper Archive, David K. Levine (2001) Downloads View citations (8)
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business View citations (2)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2001) Downloads View citations (33)

    See also Journal Article in Econometrica (2003)
  2. Equilibrium Welfare and Government Policy with Quasi-Geometric Discounting
    CEPR Discussion Papers, C.E.P.R. Discussion Papers Downloads View citations (29)
    Also in GSIA Working Papers, Carnegie Mellon University, Tepper School of Business View citations (7)
    Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area (2001) Downloads View citations (8)

    See also Journal Article in Journal of Economic Theory (2002)

2000

  1. Temptation and Taxation
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business View citations (18)
    See also Journal Article in Econometrica (2010)

1998

  1. The Role of Investment-Specific Technological Change in the Business Cycle
    RCER Working Papers, University of Rochester - Center for Economic Research (RCER) View citations (45)
    See also Journal Article in European Economic Review (2000)

1997

  1. Capital-skill complementarity and inequality: a macroeconomic analysis
    Staff Report, Federal Reserve Bank of Minneapolis Downloads View citations (176)
    See also Journal Article in Econometrica (2000)
  2. On the size of U.S. government: political economy in the neoclassical growth model
    Staff Report, Federal Reserve Bank of Minneapolis Downloads View citations (3)
    See also Journal Article in American Economic Review (1999)

1996

  1. Long-Run Implications of Investment-Specific Technological Change
    RCER Working Papers, University of Rochester - Center for Economic Research (RCER) View citations (3)
    Also in UWO Department of Economics Working Papers, University of Western Ontario, Department of Economics (1995) View citations (27)

    See also Journal Article in American Economic Review (1997)

1995

  1. 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 in Journal of Political Economy (1998)

1994

  1. What Constitutions Promote Capital Accumulation? A Political-Economy Approach
    Wallis Working Papers, University of Rochester - Wallis Institute of Political Economy View citations (9)

1993

  1. Vested Interests in a Positive Theory of Stagnation and Growth
    Working Papers, Stockholm - International Economic Studies View citations (10)
    See also Journal Article in Review of Economic Studies (1996)

1992

  1. Macroeconomic Implications of Investment-Specific Technological Change
    Working Papers, Stockholm - International Economic Studies View citations (4)
    Also in Discussion Paper / Institute for Empirical Macroeconomics, Federal Reserve Bank of Minneapolis (1992) Downloads View citations (25)

1991

  1. Dynamic, Firm-Specific Increasing and the Long-Run Performance of Growing Economies
    Working Papers, Stockholm - International Economic Studies

Undated

  1. Income and Wealth Heterogeneity, Portfolio Choice, and Equilibrium Asset Returns
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business View citations (52)
    See also Journal Article in Macroeconomic Dynamics (1997)
  2. On the Welfare Effects of Eliminating Business Cycles
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business Downloads View citations (22)
    See also Journal Article in Review of Economic Dynamics (1999)
  3. Time Orientation and Asset Prices
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business View citations (11)
    See also Journal Article in Journal of Monetary Economics (2002)

Journal Articles

2012

  1. ECONOMICS AND CLIMATE CHANGE: INTEGRATED ASSESSMENT IN A MULTI-REGION WORLD
    Journal of the European Economic Association, 2012, 10, (5), 974-1000 Downloads View citations (12)
    See also Working Paper (2012)

2011

  1. A three state model of worker flows in general equilibrium
    Journal of Economic Theory, 2011, 146, (3), 1107-1133 Downloads View citations (8)
    See also Working Paper (2009)
  2. Asset prices in a Huggett economy
    Journal of Economic Theory, 2011, 146, (3), 812-844 Downloads View citations (7)
    See also Working Paper (2008)
  3. Frictional Wage Dispersion in Search Models: A Quantitative Assessment
    American Economic Review, 2011, 101, (7), 2873-98 Downloads View citations (27)
    See also Working Paper (2007)

2010

  1. Aggregate labor market outcomes: The roles of choice and chance
    Quantitative Economics, 2010, 1, (1), 97-127 Downloads View citations (9)
    See also Working Paper (2009)
  2. Oil Monopoly and the Climate
    American Economic Review, 2010, 100, (2), 460-64 Downloads View citations (6)
  3. Temptation and Taxation
    Econometrica, 2010, 78, (6), 2063-2084 View citations (10)
    See also Working Paper (2000)

2009

  1. Revisiting the Welfare Effects of Eliminating Business Cycles
    Review of Economic Dynamics, 2009, 12, (3), 393-402 Downloads View citations (24)
    See also Working Paper (2008)
    Software Item (2008)

2008

  1. Aggregate implications of indivisible labor, incomplete markets, and labor market frictions
    Journal of Monetary Economics, 2008, 55, (5), 961-979 Downloads View citations (23)
    See also Working Paper (2008)
  2. Aggregation and Aggregation
    Journal of the European Economic Association, 2008, 6, (2-3), 381-394 Downloads View citations (5)
  3. On the optimal timing of capital taxes
    Journal of Monetary Economics, 2008, 55, (4), 692-709 Downloads View citations (1)
    See also Working Paper (2007)
  4. Production subsidies and redistribution
    Journal of Economic Theory, 2008, 142, (1), 73-99 Downloads View citations (11)

2007

  1. EconomicDynamics Interviews Per Krusell on Search and Matching
    EconomicDynamics Newsletter, 2007, 8, (2) Downloads
  2. Growth accounting with investment-specific technological progress: A discussion of two approaches
    Journal of Monetary Economics, 2007, 54, (4), 1300-1310 Downloads View citations (16)

2006

  1. Median-voter Equilibria in the Neoclassical Growth Model under Aggregation
    Scandinavian Journal of Economics, 2006, 108, (4), 587-606 Downloads View citations (19)

2005

  1. The Replacement Problem In Frictional Economies: A Near-Equivalence Result
    Journal of the European Economic Association, 2005, 3, (5), 1007-1057 Downloads View citations (8)
    See also Working Paper (2005)
  2. The dynamics of government
    Journal of Monetary Economics, 2005, 52, (7), 1331-1358 Downloads View citations (63)
  3. Unemployment and vacancy fluctuations in the matching model: inspecting the mechanism
    Economic Quarterly, 2005, (Sum), 19-50 Downloads View citations (59)

2003

  1. Consumption--Savings Decisions with Quasi--Geometric Discounting
    Econometrica, 2003, 71, (1), 365-375 Downloads View citations (48)
    See also Working Paper (2001)
  2. Implications of the capital-embodiment revolution for directed R&D and wage inequality
    Economic Quarterly, 2003, (Fall), 25-50 Downloads View citations (7)

2002

  1. Equilibrium Welfare and Government Policy with Quasi-geometric Discounting
    Journal of Economic Theory, 2002, 105, (1), 42-72 Downloads View citations (48)
    See also Working Paper (2001)
  2. Time orientation and asset prices
    Journal of Monetary Economics, 2002, 49, (1), 107-135 Downloads View citations (24)
    See also Working Paper
  3. Time-consistent redistribution
    European Economic Review, 2002, 46, (4-5), 755-769 Downloads View citations (19)
  4. Vintage capital as an origin of inequalities
    Proceedings, 2002, (Nov) Downloads View citations (3)
    See also Working Paper (2002)

2000

  1. Capital-Skill Complementarity and Inequality: A Macroeconomic Analysis
    Econometrica, 2000, 68, (5), 1029-1054 View citations (394)
    See also Working Paper (1997)
  2. Tax Policy with Quasi-Geometric Discounting
    International Economic Journal, 2000, 14, (3), 1-40 Downloads View citations (2)
  3. The IT revolution: is it evident in the productivity numbers?
    Economic Quarterly, 2000, (Fall), 49-78 Downloads View citations (4)
  4. The role of investment-specific technological change in the business cycle
    European Economic Review, 2000, 44, (1), 91-115 Downloads View citations (216)
    See also Working Paper (1998)

1999

  1. Foreword
    Review of Economic Dynamics, 1999, 2, (1), 1 Downloads
  2. On the Size of U.S. Government: Political Economy in the Neoclassical Growth Model
    American Economic Review, 1999, 89, (5), 1156-1181 Downloads View citations (93)
    See also Working Paper (1997)
  3. On the Welfare Effects of Eliminating Business Cycles
    Review of Economic Dynamics, 1999, 2, (1), 245-272 Downloads View citations (55)
    See also Working Paper

1998

  1. Income and Wealth Heterogeneity in the Macroeconomy
    Journal of Political Economy, 1998, 106, (5), 867-896 Downloads View citations (629)
    See also Working Paper (1995)
  2. Investment-Specific R&D and the Decline in the Relative Price of Capital
    Journal of Economic Growth, 1998, 3, (2), 131-41 Downloads View citations (20)

1997

  1. INCOME AND WEALTH HETEROGENEITY, PORTFOLIO CHOICE, AND EQUILIBRIUM ASSET RETURNS
    Macroeconomic Dynamics, 1997, 1, (02), 387-422 Downloads View citations (98)
    See also Working Paper
  2. Long-Run Implications of Investment-Specific Technological Change
    American Economic Review, 1997, 87, (3), 342-62 Downloads View citations (526)
    See also Working Paper (1996)
  3. Politico-economic equilibrium and economic growth
    Journal of Economic Dynamics and Control, 1997, 21, (1), 243-272 Downloads View citations (136)
  4. Quality change in the CPI - commentary
    Review, 1997, (May), 107-111 Downloads

1996

  1. Are consumption taxes really better than income taxes?
    Journal of Monetary Economics, 1996, 37, (3), 475-503 Downloads View citations (44)
  2. Endogenous tax policy and the distribution of wealth A comment
    Carnegie-Rochester Conference Series on Public Policy, 1996, 45, (1), 243-252 Downloads
  3. Rules of thumb in macroeconomic equilibrium A quantitative analysis
    Journal of Economic Dynamics and Control, 1996, 20, (4), 527-558 Downloads View citations (17)
  4. Vested Interests in a Positive Theory of Stagnation and Growth
    Review of Economic Studies, 1996, 63, (2), 301-29 Downloads View citations (119)
    See also Working Paper (1993)

1993

  1. Money and Insurance in a Turnpike Environment
    Economic Theory, 1993, 3, (1), 19-34 View citations (7)

Chapters

2005

  1. The Effects of Technical Change on Labor Market Inequalities
    Chapter 20 in Handbook of Economic Growth, 2005, vol. 1, Part B, pp 1275-1370 Downloads View citations (31)
    See also Working Paper (2005)

1996

  1. Can Technology Improvements Cause Productivity Slowdowns?
    A chapter in NBER Macroeconomics Annual 1996, Volume 11, 1996, pp 209-276 Downloads View citations (93)

Software Items

2008

  1. Code files for "Revisiting the Welfare Effects of Eliminating Business Cycles"
    Computer Codes, Review of Economic Dynamics Downloads
    See also Journal Article in Review of Economic Dynamics (2009)
 
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