Details about Matthew D. Shapiro

Homepage:	http://www.umich.edu/~shapiro
Workplace:	Economics Department, University of Michigan, (more information at EDIRC)

Access statistics for papers by Matthew D. Shapiro.

Last updated 2009-10-17. Update your information in the RePEc Author Service.

Short-id: psh144

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Jump to Journal Articles Books Chapters

Working Papers

2009

1. Did the 2008 Tax Rebates Stimulate Spending?
   NBER Working Papers, National Bureau of Economic Research, Inc View citations
   See also Journal Article in American Economic Review (2009)
2. Household Response to the 2008 Tax Rebate: Survey Evidence and Aggregate Implications
   NBER Working Papers, National Bureau of Economic Research, Inc
3. Risk Preferences in the PSID: Individual Imputations and Family Covariation
   NBER Working Papers, National Bureau of Economic Research, Inc
   See also Journal Article in American Economic Review (2009)
4. Stepping Off the Wage Escalator: The Effects of Wage Growth on Equilibrium Employment
   NBER Working Papers, National Bureau of Economic Research, Inc

2008

5. Labor Supply: Are the Income and Substitution Effects Both Large or Both Small?
   NBER Working Papers, National Bureau of Economic Research, Inc View citations

2007

6. Imputing Risk Tolerance from Survey Responses
   NBER Working Papers, National Bureau of Economic Research, Inc View citations
   See also Journal Article in Journal of the American Statistical Association (2008)

2006

7. Monetary Policy When Potential Output is Uncertain: Understanding the Growth Gamble of the 1990s
   NBER Working Papers, National Bureau of Economic Research, Inc
   See also Journal Article in Journal of Monetary Economics (2007)
8. Temporary Investment Tax Incentives: Theory with Evidence from Bonus Depreciation
   NBER Working Papers, National Bureau of Economic Research, Inc View citations
   See also Journal Article in American Economic Review (2008)

2004

9. Phased-In Tax Cuts and Economic Activity
   Macroeconomics, EconWPA View citations
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2004) View citations
   See also Journal Article in American Economic Review (2006)
10. Why Do Computers Depreciate?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations

2003

11. Has the rate of economic growth changed? Evidence and lessons for public policy
    Reserve Bank of New Zealand Discussion Paper Series, Reserve Bank of New Zealand View citations
12. Social Security, Retirement and Wealth: Theory and Implications
    Working Papers, University of Michigan, Michigan Retirement Research Center

2002

13. Did the 2001 Tax Rebate Stimulate Spending? Evidence from Taxpayer Surveys
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See also Chapter (2003)

2001

14. Consumer Response to Tax Rebates
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See also Journal Article in American Economic Review (2003)
15. High-Frequency Substitution and the Measurement of Price Indexes
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See also Chapter (2003)
16. Productivity Growth in the 1990s: Technology, Utilization, or Adjustment?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in Working Paper Series, Federal Reserve Bank of Chicago (2001) View citations
    See also Journal Article in Carnegie-Rochester Conference Series on Public Policy (2001)

1999

17. Alternative Strategies for Aggregating Prices in the CPI
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See also Journal Article in Review (1997)
18. Costly Capital Reallocation and the Effects of Government Spending
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See also Journal Article in Carnegie-Rochester Conference Series on Public Policy (1998)
19. Quality Improvement in Health Care: A Framework for Price and Output Measurement
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See also Journal Article in American Economic Review (1999)

1998

20. Displaced Capital
    University of California at San Diego, Economics Working Paper Series, Department of Economics, UC San Diego View citations
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1998) View citations
    University of California at San Diego, Economics Working Paper Series, Department of Economics, UC San Diego (1998) View citations

1997

21. Mismeasurement in the Consumer Price Index: An Evaluation
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See also Chapter (1996)
22. Preference Parameters and Behavioral Heterogeneity: An Experimental Approach in the Health and Retirement Survey
    NBER Working Papers, National Bureau of Economic Research, Inc View citations

1996

23. Generating Non-Standard Multivariate Distributions with an Application to Mismeasurement in the CPI
    NBER Technical Working Papers, National Bureau of Economic Research, Inc

1995

24. Consumer Response to the Timing of Income: Evidence from a Change in Tax Withholding
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See also Journal Article in American Economic Review (1995)

1994

25. Federal Reserve Policy: Cause and Effect
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See also Chapter (1994)

1990

26. Fundamental Value and Market Value
    NBER Working Papers, National Bureau of Economic Research, Inc View citations

1989

27. Are Cyclical Fluctuations in Productivity Due More to Supply Shocks or Demand Shocks?
    NBER Working Papers, National Bureau of Economic Research, Inc
    Also in Cowles Foundation Discussion Papers, Cowles Foundation, Yale University (1987) View citations
    See also Journal Article in American Economic Review (1987)
28. Forecasting the Depression: Harvard Versus Yale
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in Cowles Foundation Discussion Papers, Cowles Foundation, Yale University (1986) View citations
    See also Journal Article in American Economic Review (1988)
29. STOCK MARKET FORECASTABILITY AND VOLATILITY: A STATISTICAL APPRAISAL
    Working Papers, Michigan - Center for Research on Economic & Social Theory
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1989) View citations
    See also Journal Article in Review of Economic Studies (1991)
30. Sources of Business Cycle Fluctuations
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in Cowles Foundation Discussion Papers, Cowles Foundation, Yale University (1988) View citations
    See also Chapter (1988)

1988

31. The Stabilization of the U.S. Economy Evidence From the Stock Market
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in Cowles Foundation Discussion Papers, Cowles Foundation, Yale University (1988) View citations
    See also Journal Article in American Economic Review (1988)

1987

32. Capital Utilization and Capital Accumulation: Theory and Evidence
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in Cowles Foundation Discussion Papers, Cowles Foundation, Yale University (1985)
    See also Journal Article in Journal of Applied Econometrics (1986)
33. Measuring Market Power in U.S. Industry
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in Cowles Foundation Discussion Papers, Cowles Foundation, Yale University (1987) View citations
34. Risk and Return: Consumption versus Market Beta
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
35. Supply Shocks in Macroeconomics
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University View citations
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1987) View citations
36. The Dynamic Demand for Capital and Labor
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in Cowles Foundation Discussion Papers, Cowles Foundation, Yale University (1984) View citations
    See also Journal Article in The Quarterly Journal of Economics (1986)

1986

37. News or Noise? An Analysis of GNP Revisions
    NBER Working Papers, National Bureau of Economic Research, Inc View citations

1985

38. An Unbiased Reexamination of Stock Market Volatility
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University View citations
    See also Journal Article in Journal of Finance (1985)
39. Do We Reject Too Often? Small Sample Bias in Tests of Rational Expectations
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University View citations
40. Do We Reject Too Often? Small Sample Properties of Tests of Rational Expectations Models
    NBER Technical Working Papers, National Bureau of Economic Research, Inc
    See also Journal Article in Economics Letters (1986)
41. Risk and Return: Consumption Beta Versus Market Beta
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University View citations
    See also Journal Article in The Review of Economics and Statistics (1986)

1984

42. Trends, Random Walks, and Tests of the Permanent Income Hypothesis
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University View citations
    See also Journal Article in Journal of Monetary Economics (1985)

Journal Articles

2009

1. Did the 2008 Tax Rebates Stimulate Spending?
   American Economic Review, 2009, 99, (2), 374-79 View citations
   See also Working Paper (2009)
2. Risk Preferences in the PSID: Individual Imputations and Family Covariation
   American Economic Review, 2009, 99, (2), 363-68
   See also Working Paper (2009)

2008

3. Imputing Risk Tolerance From Survey Responses
   Journal of the American Statistical Association, 2008, 103, (483), 1028-1038 View citations
   See also Working Paper (2007)
4. Temporary Investment Tax Incentives: Theory with Evidence from Bonus Depreciation
   American Economic Review, 2008, 98, (3), 737-68 View citations
   See also Working Paper (2006)

2007

5. Monetary policy when potential output is uncertain: Understanding the growth gamble of the 1990s
   Journal of Monetary Economics, 2007, 54, (4), 1132-1162 View citations
   See also Working Paper (2006)

2006

6. Phased-In Tax Cuts and Economic Activity
   American Economic Review, 2006, 96, (5), 1835-1849 View citations
   See also Working Paper (2004)

2005

7. Shapiro Comments on Diewert
   American Journal of Economics and Sociology, 2005, 64, (1), 361-366

2003

8. Consumer Response to Tax Rebates
   American Economic Review, 2003, 93, (1), 381-396 View citations
   See also Working Paper (2001)

2001

9. Displaced Capital: A Study of Aerospace Plant Closings
   Journal of Political Economy, 2001, 109, (5), 958-992 View citations
10. Productivity growth in the 1990s: technology, utilization, or adjustment?
    Carnegie-Rochester Conference Series on Public Policy, 2001, 55, (1), 117-165 View citations
    See also Working Paper (2001)

1999

11. Quality Improvement in Health Care: A Framework for Price and Output Measurement
    American Economic Review, 1999, 89, (2), 333-337 View citations
    See also Working Paper (1999)

1998

12. Costly capital reallocation and the effects of government spending
    Carnegie-Rochester Conference Series on Public Policy, 1998, 48, (1), 145-194 View citations
    See also Working Paper (1999)

1997

13. Alternative strategies for aggregating prices in the CPI
    Review, 1997, (May), 113-125 View citations
    See also Working Paper (1999)

1996

14. Macroeconomic Implications of Variation in the Workweek of Capital
    Brookings Papers on Economic Activity, 1996, 27, (1996-2), 79-134 View citations

1995

15. Consumer Response to the Timing of Income: Evidence from a Change in Tax Withholding
    American Economic Review, 1995, 85, (1), 274-83 View citations
    See also Working Paper (1995)

1993

16. Cyclical Productivity and the Workweek of Capital
    American Economic Review, 1993, 83, (2), 229-33 View citations

1991

17. Stock Market Forecastability and Volatility: A Statistical Appraisal
    Review of Economic Studies, 1991, 58, (3), 455-77 View citations
    See also Working Paper (1989)

1989

18. Assessing the Federal Reserve's Measures of Capacity and Utilization
    Brookings Papers on Economic Activity, 1989, 20, (1989-1), 181-242 View citations
19. Inventories, orders, temporary and permanent layoffs: An econometric analysis: A comment
    Carnegie-Rochester Conference Series on Public Policy, 1989, 30, (1), 367-374

1988

20. Forecasting the Depression: Harvard versus Yale
    American Economic Review, 1988, 78, (4), 595-612 View citations
    See also Working Paper (1989)
21. Political vs. currency premia in international real interest rate differentials: Jeffrey A. Frankel and Alan T. MacArthur
    European Economic Review, 1988, 32, (5), 1114-1118
22. The Stabilization of the U.S. Economy: Evidence from the Stock Marke t
    American Economic Review, 1988, 78, (5), 1067-79
    See also Working Paper (1988)

1987

23. Are Cyclical Fluctuations in Productivity Due More to Supply Shocks or Demand Shocks?
    American Economic Review, 1987, 77, (2), 118-24 View citations
    See also Working Paper (1989)

1986

24. Capital Utilization and Capital Accumulation: Theory and Evidence
    Journal of Applied Econometrics, 1986, 1, (3), 211-34 View citations
    See also Working Paper (1987)
25. Capital and saving in a share economy
    Journal of Comparative Economics, 1986, 10, (4), 444-447
26. Do we reject too often?: Small sample properties of tests of rational expectations models
    Economics Letters, 1986, 20, (2), 139-145 View citations
    See also Working Paper (1985)
27. Investment, Output, and the Cost of Capital
    Brookings Papers on Economic Activity, 1986, 17, (1986-1), 111-164 View citations
28. Risk and Return: Consumption Beta versus Market Beta
    The Review of Economics and Statistics, 1986, 68, (3), 452-59 View citations
    See also Working Paper (1985)
29. The Dynamic Demand for Capital and Labor
    The Quarterly Journal of Economics, 1986, 101, (3), 513-42 View citations
    See also Working Paper (1987)

1985

30. An Unbiased Reexamination of Stock Market Volatility
    Journal of Finance, 1985, 40, (3), 677-87 View citations
    See also Working Paper (1985)
31. Trends, random walks, and tests of the permanent income hypothesis
    Journal of Monetary Economics, 1985, 16, (2), 165-174 View citations
    See also Working Paper (1984)

1984

32. The permanent income hypothesis and the real interest rate: Some evidence from panel data
    Economics Letters, 1984, 14, (1), 93-100 View citations

Books

2003

1. Scanner Data and Price Indexes
   NBER Books, National Bureau of Economic Research, Inc View citations

Chapters

2003

1. Did the 2001 Tax Rebate Stimulate Spending? Evidence from Taxpayer Surveys
   A chapter in Tax Policy and the Economy, Volume 17, 2003, pp 83-110
   See also Working Paper (2002)
2. High-Frequency Substitution and the Measurement of Price Indexes
   A chapter in Scanner Data and Price Indexes, 2003, pp 123-150 View citations
   See also Working Paper (2001)
3. Introduction to "Scanner Data and Price Indexes"
   A chapter in Scanner Data and Price Indexes, 2003, pp 1-14

2001

4. Measuring the value of Cataract Surgery
   A chapter in Medical Care Output and Productivity, 2001, pp 411-438 View citations

1996

5. Mismeasurement in the Consumer Price Index: An Evaluation
   A chapter in NBER Macroeconomics Annual 1996, Volume 11, 1996, pp 93-154 View citations
   See also Working Paper (1997)

1994

6. Federal Reserve Policy: Cause and Effect
   A chapter in Monetary Policy, 1994, pp 307-334 View citations
   See also Working Paper (1994)

1988

7. Sources of Business Cycles Fluctuations
   A chapter in NBER Macroeconomics Annual 1988, Volume 3, 1988, pp 111-156 View citations
   See also Working Paper (1989)