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Working Papers
from Federal Reserve Bank of Minneapolis Contact information at EDIRC . Series data maintained by Diane Rosenberger ().
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675: Boomerang kids: labor market dynamics and moving back home
Greg Kaplan
674: Risk sharing, inequality, and fertility
Roozbeh Hosseini , Larry E. Jones and Ali Shourideh
673: Prizes and patents: using market signals to provide incentives for innovations
V.V. Chari , Mikhail Golosov and Aleh Tsyviski
672: Technology diffusion and growth
Erzo G.J. Luttmer
671: Transition to FDI openness
Ellen R. McGrattan
670: Capital taxation during the U.S. Great Depression
Ellen R. McGrattan
669: A theory of outsourcing and wage decline
Thomas J. Holmes and Julia Thornton Snider
668: Economies of density versus natural advantage: crop choice on the back forty
Thomas J. Holmes and Sanghoon Lee
667: Facts and myths about the financial crisis of 2008 (Technical notes)
Maxim Troshkin
666: Facts and myths about the financial crisis of 2008
V.V. Chari , Lawrence J. Christiano and Patrick J. Kehoe
665: Business start-ups and productive efficiency
Hakki Yazici
664: New Keynesian models: not yet useful for policy analysis
Ellen R. McGrattan , Patrick J. Kehoe and V. V. Chari
663: Accounting for private information
Pricila Maziero and Laurence Ales
662: On the need for a new approach to analyzing monetary policy
Andrew Atkeson and Patrick J. Kehoe
661: Temporary price changes and the real effects of monetary policy
Patrick J. Kehoe and Virgiliu Midrigan
660: Taxation, aggregates and the household
Nezih Guner , Remzi Kaygusuz and Gustavo Ventura
659: Sophisticated monetary policies
Andrew Atkeson , V. V. Chari and Patrick J. Kehoe
658: Coin sizes and payments in commodity money systems
Angela Redish and Warren E. Weber
657: On the mechanics of firm growth
Erzo G.J. Luttmer
656: Sticky prices and sectoral real exchange rates
Patrick J. Kehoe and Virgiliu Midrigan
655: Intermediated quantities and returns
Rajnish Mehra , Facundo Piguillem and Edward C. Prescott
654: Reply to Solow
V. V. Chari and Patrick J. Kehoe
653: Asymmetric expectation effects of regime shifts and the Great Moderation
Zheng Liu , Daniel F. Waggoner and Tao Zha
652: Sales and the real effects of monetary policy
Patrick J. Kehoe and Virgiliu Midrigan
651: Openness, technology capital, and development
Ellen R. McGrattan and Edward C. Prescott
650: If exchange rates are random walks then almost everything we say about monetary policy is wrong
Fernando Alvarez , Andrew Atkeson and Patrick J. Kehoe
649: New goods and the size distribution of firms
Erzo G.J. Luttmer
648: On the needed quantity of government debt
Kathryn Birkeland and Edward C. Prescott
647: Comparing alternative representations and alternative methodologies in business cycle accounting
V. V. Chari , Patrick J. Kehoe and Ellen R. McGrattan
646: Technology capital and the U.S. current account
Ellen R. McGrattan and Edward C. Prescott
645: Consumer search and firm growth
Erzo G.J. Luttmer
644: Investment-specific technological change, skill accumulation, and wage inequality
Hui He and Zheng Liu
643: Measurement with minimal theory
Ellen R. McGrattan
642: New evidence on state banking before the Civil War
Warren E. Weber
641: A model of banknote discounts
Laurence Ales , Francesca Carapella , Pricila Maziero and Warren E. Weber
640: Dynamic contracting, persistent shocks and optimal taxation
Yuzhe Zhang
639: Stochastic optimal growth with a non-compact state space
Yuzhe Zhang
638: Accounting for the heterogeneity in retirement wealth
Fang Yang
637: Smooth nonexpected utility without state independence
Hengjie Ai
636: Expensed and sweat equity
Ellen R. McGrattan and Edward C. Prescott
635: Consumption along the life cycle: how different is housing?
Fang Yang
634: Early state banks in the United States: how many were there and when did they exist?
Warren E. Weber
633: The size distribution of firms in an economy with fixed and entry costs
Erzo G.J. Luttmer
632: Taxation, entrepreneurship and wealth
Marco Cagetti and Mariacristina De Nardi
631: A critique of structural VARs using real business cycle theory
V. V. Chari , Patrick J. Kehoe and Ellen R. McGrattan
630: Efficiency with endogenous population growth
Michael Golosov , Larry E. Jones and Michele Tertilt
629: Banknote prices in the United States prior to 1860
Warren E. Weber
628: Designing optimal disability insurance
Michael Golosov and Aleh Tsyvinski
627: Time-varying risk, interest rates and exchange rates in general equilibrium
Fernando Alvarez , Andrew Atkeson and Patrick J. Kehoe
626: The optimal degree of discretion in monetary policy
Susan Athey , Andrew Atkeson and Patrick J. Kehoe