Details about Lee Edward Ohanian

Access statistics for papers by Lee Edward Ohanian.

Last updated 2009-08-05. Update your information in the RePEc Author Service.

Short-id: poh1

Working Papers

2009

1. What - or Who - Started the Great Depression?
   NBER Working Papers, National Bureau of Economic Research, Inc

2008

2. Does neoclassical theory account for the effects of big fiscal shocks? Evidence from World War II
   Staff Report, Federal Reserve Bank of Minneapolis View citations
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2006) View citations

2006

3. Long-Term Changes in Labor Supply and Taxes: Evidence from OECD Countries, 1956-2004
   NBER Working Papers, National Bureau of Economic Research, Inc
   Also in Research Working Paper, Federal Reserve Bank of Kansas City (2006) View citations
   See also Journal Article in Journal of Monetary Economics (2008)
4. Why Have Business Cycle Fluctuations Become Less Volatile?
   NBER Working Papers, National Bureau of Economic Research, Inc View citations
   Also in 2005 Meeting Papers, Society for Economic Dynamics (2005)
   See also Journal Article in Economic Theory (2007)

2005

5. Deflation and the International Great Depression: A Productivity Puzzle
   NBER Working Papers, National Bureau of Economic Research, Inc View citations
   Also in Staff Report, Federal Reserve Bank of Minneapolis (2005) View citations

2004

6. Deflation, Real Wages, and the International Great Depression: A Productivity Puzzle
   Econometric Society 2004 North American Winter Meetings, Econometric Society View citations
7. Latin America in the Rearview Mirror
   NBER Working Papers, National Bureau of Economic Research, Inc View citations
   Also in Staff Report, Federal Reserve Bank of Minneapolis (2004) View citations
   See also Journal Article in Quarterly Review (2006)
8. Notes on Bootstrapping in Linear Models with i.i.d. Disturbances
   UCLA Economics Online Papers, UCLA Department of Economics
9. Trends and Fluctuations in the Household's Marginal Rate of Substitution Condition: Time Series Evidence from the OECD
   2004 Meeting Papers, Society for Economic Dynamics

2002

10. Data Appendix to The Great U.K. Depression: A Puzzle and Possible Resolution
    Technical Appendices, Review of Economic Dynamics
    See also Journal Article in Review of Economic Dynamics (2002)

2001

11. New Deal policies and the persistence of the Great Depression: a general equilibrium analysis
    Working Papers, Federal Reserve Bank of Minneapolis View citations
    See also Journal Article in Journal of Political Economy (2004)
12. The great U.K. depression: a puzzle and possible resolution
    Staff Report, Federal Reserve Bank of Minneapolis View citations
    See also Journal Article in Review of Economic Dynamics (2002)
13. Trend-reverting fluctuations in the life-cycle model
    Working Papers, Federal Reserve Bank of St. Louis View citations
    See also Journal Article in Journal of Economic Theory (2004)
14. Why did productivity fall so much during the Great Depression?
    Staff Report, Federal Reserve Bank of Minneapolis View citations
    See also Journal Article in Quarterly Review (2002)

2000

15. Re-examining the contributions of money and banking shocks to the U.S. Great Depression
    Staff Report, Federal Reserve Bank of Minneapolis View citations
    See also Chapter (2001)

1999

16. The macroeconomic effects of big fiscal shocks: the case of World War II
    Working Papers, Federal Reserve Bank of Minneapolis View citations
17. Unit Roots, Trend Breaks and Transitory Dynamics: A Macroeconomic Perspective
    Working Papers, Michigan - Center for Research on Economic & Social Theory View citations
    See also Journal Article in Macroeconomic Dynamics (2002)

1998

18. Complex eigenvalues and trend-reverting fluctuations
    Staff Report, Federal Reserve Bank of Minneapolis View citations
19. Dynamic equilibrium economies: a framework for comparing models and data
    Staff Report, Federal Reserve Bank of Minneapolis View citations
    Also in Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (1997) View citations
    Working Papers, Federal Reserve Bank of Philadelphia (1997) View citations
    NBER Technical Working Papers, National Bureau of Economic Research, Inc (1995) View citations
    See also Journal Article in Review of Economic Studies (1998)
20. Is there a trend break in U.S. GNP? A macroeconomic perspective
    Staff Report, Federal Reserve Bank of Minneapolis
21. The defining moment: a review essay
    Staff Report, Federal Reserve Bank of Minneapolis
    See also Journal Article in Journal of Political Economy (1999)
22. The demand for money and the nonneutrality of money
    Staff Report, Federal Reserve Bank of Minneapolis View citations

1997

23. Capital-skill complementarity and inequality: a macroeconomic analysis
    Staff Report, Federal Reserve Bank of Minneapolis View citations
    See also Journal Article in Econometrica (2000)
24. Shrinking money and monetary business cycles
    Working Papers, Federal Reserve Bank of Minneapolis

1996

25. Reassessing aggregate returns to scale with standard theory and measurement
    Working Papers, Federal Reserve Bank of Minneapolis View citations

1993

26. Short-Run Independence of Monetary Policy Under Pegged Exchange Rates and Effects of Money on Exchange Rates and Interest Rates
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See also Journal Article in Journal of Money, Credit and Banking (1997)

1989

27. THE CYCLICAL BEHAVIOR OF PRICES
    RCER Working Papers, University of Rochester - Center for Economic Research (RCER) View citations
    See also Journal Article in Journal of Monetary Economics (1991)

Journal Articles

2008

1. Back to the future with Keynes
   Quarterly Review, 2008, (Jul), 10-16 View citations
2. Long-term changes in labor supply and taxes: Evidence from OECD countries, 1956-2004
   Journal of Monetary Economics, 2008, 55, (8), 1353-1362 View citations
   See also Working Paper (2006)

2007

3. Commentary on "Model fit and model selection"
   Review, 2007, (Jul), 361-370
4. Why have business cycle fluctuations become less volatile?
   Economic Theory, 2007, 32, (1), 43-58 View citations
   See also Working Paper (2006)
5. Work and taxes: allocation of time in OECD countries
   Economic Review, 2007, (Q III), 37-58 View citations

2006

6. Latin America in the rearview mirror
   Quarterly Review, 2006, (Sep) View citations
   Also in Journal of Monetary Economics, 2005, 52, (1), 69-107 (2005) View citations
   See also Working Paper (2004)

2005

7. Monetary policy and learning
   Review of Economic Dynamics, 2005, 8, (2), 257-261

2004

8. New Deal Policies and the Persistence of the Great Depression: A General Equilibrium Analysis
   Journal of Political Economy, 2004, 112, (4), 779-816 View citations
   See also Working Paper (2001)
9. Trend-reverting fluctuations in the life-cycle model
   Journal of Economic Theory, 2004, 119, (2), 334-356 View citations
   See also Working Paper (2001)

2002

10. Shrinking money: the demand for money and the nonneutrality of money
    Journal of Monetary Economics, 2002, 49, (4), 653-686 View citations
11. The Great U.K. Depression: A Puzzle and Possible Resolution
    Review of Economic Dynamics, 2002, 5, (1), 19-44 View citations
    See also Working Paper (2001)
    Working Paper (2002)
12. The U.S. and U.K. Great Depressions Through the Lens of Neoclassical Growth Theory
    American Economic Review, 2002, 92, (2), 28-32 View citations
13. UNIT ROOTS, TREND BREAKS, AND TRANSITORY DYNAMICS: A MACROECONOMIC PERSPECTIVE
    Macroeconomic Dynamics, 2002, 6, (05), 614-632
    See also Working Paper (1999)
14. Why did productivity fall so much during the Great Depression?
    Quarterly Review, 2002, (Spr) View citations
    Also in American Economic Review, 2001, 91, (2), 34-38 (2001) View citations
    See also Working Paper (2001)

2001

15. Are Phillips curves useful for forecasting inflation?
    Quarterly Review, 2001, (Win), 2-11 View citations

2000

16. Capital-Skill Complementarity and Inequality: A Macroeconomic Analysis
    Econometrica, 2000, 68, (5), 1029-1054 View citations
    See also Working Paper (1997)
17. EconomicDynamics Interviews Lee Ohanian on the Great Depression
    EconomicDynamics Newsletter, 2000, 1, (2) View citations

1999

18. Aggregate returns to scale: why measurement is imprecise
    Quarterly Review, 1999, (Sum), 19-28 View citations
19. The Defining Moment: A Review Essay
    Journal of Political Economy, 1999, 107, (1), 178-185
    See also Working Paper (1998)
20. The Great Depression in the United States from a neoclassical perspective
    Quarterly Review, 1999, (Win), 2-24 View citations

1998

21. Dynamic Equilibrium Economies: A Framework for Comparing Models and Data
    Review of Economic Studies, 1998, 65, (3), 433-51 View citations
    See also Working Paper (1998)

1997

22. How capital taxes harm economic growth: Britain versus the United States
    Business Review, 1997, (Jul), 17-27
23. Postwar British Economic Growth and the Legacy of Keynes
    Journal of Political Economy, 1997, 105, (3), 439-72 View citations
24. Short-Run Independence of Monetary Policy under Pegged Exchange Rates and Effects of Money on Exchange Rates and Interest Rates
    Journal of Money, Credit and Banking, 1997, 29, (4), 783-806 View citations
    Also in Proceedings, 1997, 783-814 (1997) View citations
    See also Working Paper (1993)
25. The Macroeconomic Effects of War Finance in the United States: World War II and the Korean War
    American Economic Review, 1997, 87, (1), 23-40 View citations

1996

26. Are data on industry evolution and gross job turnover relevant for macroeconomics?
    Carnegie-Rochester Conference Series on Public Policy, 1996, 44, (1), 215-239 View citations
27. When the bubble bursts: psychology or fundamentals?
    Business Review, 1996, (Jan), 3-13 View citations

1995

28. The Effects of Real and Monetary Shocks in a Business Cycle Model with Some Sticky Prices
    Journal of Money, Credit and Banking, 1995, 27, (4), 1209-34 View citations
    Also in Proceedings, 1994, 1209-1240 (1994) View citations
29. Theoretical issues of liquidity effects
    Proceedings, 1995, (May), 3-25 View citations

1994

30. Short-run effects on money when some prices are sticky
    Economic Quarterly, 1994, (Sum), 1-24 View citations

1993

31. The impact of stochastic and deterministic trends on money-output causality: A multi-country investigation (Vol. 45, No. 3 (1990) pp. 291-308)
    Journal of Econometrics, 1993, 58, (3), 405-405

1991

32. A Note on Spurious Inference in a Linearly Detrended Vector Autoregression
    The Review of Economics and Statistics, 1991, 73, (3), 568-71
33. The cyclical behavior of prices
    Journal of Monetary Economics, 1991, 28, (1), 25-60 View citations
    See also Working Paper (1989)

1990

34. The impact of stochastic and deterministic trends on money-output causality: A multi-country investigation
    Journal of Econometrics, 1990, 45, (3), 291-308 View citations

1988

35. The spurious effects of unit roots on vector autoregressions: A Monte Carlo study
    Journal of Econometrics, 1988, 39, (3), 251-266 View citations

Chapters

2001

1. Re-Examining the Contributions of Money and Banking Shocks to the U.S. Great Depression
   A chapter in NBER Macroeconomics Annual 2000, Volume 15, 2001, pp 183-260 View citations
   See also Working Paper (2000)