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655: Intermediated quantities and returns
Rajnish Mehra , Facundo Piguillem and Edward C. Prescott
654: Reply to Solow
Varadarajan Chari and Patrick 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 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 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
Varadarajan Chari , Patrick 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
Varadarajan Chari , Patrick 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 Kehoe
626: The optimal degree of discretion in monetary policy
Susan Athey , Andrew Atkeson and Patrick Kehoe
625: Business cycle accounting
Varadarajan Chari , Patrick Kehoe and Ellen R. McGrattan
624: Equilibrium and government commitment
Marco Bassetto
623: Banknote exchange rate in the antebellum United States
Warren E. Weber
622: On the robustness of herds
Varadarajan Chari and Patrick Kehoe
621: Competitive equilibria with limited enforcement
Patrick Kehoe and Fabrizio Perri
620: Entrepreneurship, frictions and wealth
Marco Cagetti and Mariacristina De Nardi
619: Accounting for the Great Depression (technical appendix)
Varadarajan Chari , Patrick Kehoe and Ellen R. McGrattan
618: Prosperity and Depression: 2002 Richard T. Ely Lecture
Edward C. Prescott
617: Consumer bankruptcy: a fresh start
Igor D. Livshits , James MacGee and Michele Tertilt
616: The time consistency of monetary and fiscal policies
Fernando Alvarez , Patrick Kehoe and Pablo Andrés Neumeyer
615: Optimal indirect and capital taxation
Michael Golosov , Narayana Kocherlakota and Aleh Tsyvinski
614: The advantage of transparent instruments of monetary policy
Andrew Atkeson and Patrick Kehoe
613: On the optimality of transparent monetary policy
Susan Athey , Andrew Atkeson and Patrick Kehoe
612: A game-theoretic view of the fiscal theory of the price level
Marco Bassetto
611: Exhuming Q: market power capital market imperfections
Russell Cooper and Joao Ejarque
610: Taxes, regulations, and asset prices
Ellen R. McGrattan and Edward C. Prescott
609: Interest rates and inflation
Fernando Alvarez , Robert E. Lucas and Warren E. Weber
608: Limited enforcement and efficient interbank arrangements
Thorsten V. Koppl and James MacGee
607: The 1990s in Japan: a lost decade
Fumio Hayashi and Edward C. Prescott
606: The transition to a new economy after the Second Industrial Revolution
Andrew Atkeson and Patrick Kehoe