Details about Janice Eberly

Access statistics for papers by Janice Eberly.

Last updated 2024-03-06. Update your information in the RePEc Author Service.

Short-id: peb3

Working Papers

2022

1. A Model of Intangible Capital
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)

2021

2. "Potential Capital", Working from Home and Economic Resilience
   Economic Statistics Centre of Excellence (ESCoE) Discussion Papers, Economic Statistics Centre of Excellence (ESCoE) View citations (10)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2021) View citations (10)
3. Intangibles, Markups, and the Measurement of Productivity Growth
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (13)
   See also Journal Article Intangibles, markups, and the measurement of productivity growth, Journal of Monetary Economics, Elsevier (2021) View citations (10) (2021)
4. Private and Social Returns to R&D: Drug Development and Demographics
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
   See also Journal Article Private and Social Returns to R&D: Drug Development and Demographics, AEA Papers and Proceedings, American Economic Association (2021) View citations (2) (2021)
5. Rents and Intangible Capital: A Q+ Framework
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (10)

2019

6. The Federal Reserve’s Current Framework for Monetary Policy: A Review and Assessment
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (27)
   See also Journal Article The Federal Reserve's Current Framework for Monetary Policy: A Review and Assessment, International Journal of Central Banking, International Journal of Central Banking (2020) View citations (22) (2020)
7. Understanding Weak Capital Investment: the Role of Market Concentration and Intangibles
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (82)

2017

8. The Housing Crisis and the Rise in Student Loans
   2017 Meeting Papers, Society for Economic Dynamics View citations (3)

2013

9. The supply of college-educated workers: the roles of college premia, college costs, and risk
   Working Paper, Federal Reserve Bank of Richmond View citations (11)

2011

10. Optimal Inattention to the Stock Market with Information Costs and Transactions Costs
    2011 Meeting Papers, Society for Economic Dynamics View citations (1)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2009) View citations (32)
    See also Journal Article Optimal Inattention to the Stock Market With Information Costs and Transactions Costs, Econometrica, Econometric Society (2013) View citations (71) (2013)
11. What Explains the Lagged Investment Effect?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (7)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2011) View citations (13)
    See also Journal Article What explains the lagged-investment effect?, Journal of Monetary Economics, Elsevier (2012) View citations (83) (2012)

2009

12. Investment and Value: a Neoclassical Benchmark
    Cahiers de recherche, CIRPEE View citations (17)
    Also in Cahiers de recherche, HEC Montréal, Institut d'économie appliquée (2008) View citations (47)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2008) View citations (56)
    NBER Working Papers, National Bureau of Economic Research, Inc (2008) View citations (49)

2004

13. Q Theory Without Adjustment Costs & Cash Flow Effects Without Financing Constraints
    2004 Meeting Papers, Society for Economic Dynamics View citations (31)

1997

14. The Mix and Scale of Factors with Irreversibility and Fixed Costs of Investment
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (10)
    See also Journal Article The mix and scale of factors with irreversibility and fixed costs of investment, Carnegie-Rochester Conference Series on Public Policy, Elsevier (1998) View citations (38) (1998)

1995

15. Optimal Investment with Costly Reversibility
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (36)
    See also Journal Article Optimal Investment with Costly Reversibility, The Review of Economic Studies, Review of Economic Studies Ltd (1996) View citations (287) (1996)
16. Options, the Value of Capital, and Investment
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (82)
    Also in Rodney L. White Center for Financial Research Working Papers, Wharton School Rodney L. White Center for Financial Research View citations (145)
    See also Journal Article Options, the Value of Capital, and Investment, The Quarterly Journal of Economics, President and Fellows of Harvard College (1996) View citations (211) (1996)
17. The Effects of Irreversibility and Uncertainty on Capital Accumulation
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (26)
    Also in Rodney L. White Center for Financial Research Working Papers, Wharton School Rodney L. White Center for Financial Research View citations (16)
    See also Journal Article The effects of irreversibility and uncertainty on capital accumulation, Journal of Monetary Economics, Elsevier (1999) View citations (112) (1999)

1993

18. A Unified Model of Investment Under Uncertainty
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (17)
    Also in Rodney L. White Center for Financial Research Working Papers, Wharton School Rodney L. White Center for Financial Research View citations (37)
    See also Journal Article A Unified Model of Investment under Uncertainty, American Economic Review, American Economic Association (1994) View citations (435) (1994)
19. An Exact Soultion for the Investment and Market Value of a Firm Facing Uncertainty, Adjustment Costs, and Irreversibility
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
    Also in Rodney L. White Center for Financial Research Working Papers, Wharton School Rodney L. White Center for Financial Research View citations (10)

1990

20. Adjustment of Consumers'durables Stocks: Evidence from Automobile Purchases
    Weiss Center Working Papers, Wharton School - Weiss Center for International Financial Research View citations (1)
    Also in Rodney L. White Center for Financial Research Working Papers, Wharton School Rodney L. White Center for Financial Research View citations (12)
    See also Journal Article Adjustment of Consumers' Durables Stocks: Evidence from Automobile Purchases, Journal of Political Economy, University of Chicago Press (1994) View citations (199) (1994)

Undated

21. Flexible (S,s) Bands, Uncertainty, and Aggregate Consumer Durables
    Rodney L. White Center for Financial Research Working Papers, Wharton School Rodney L. White Center for Financial Research
    Also in Rodney L. White Center for Financial Research Working Papers, Wharton School Rodney L. White Center for Financial Research

Journal Articles

2022

1. Jackson Hole 2022 - Reassessing Economic Constraints: Potential Output (The Impact of COVID on Productivity and Potential Output)
   Proceedings - Economic Policy Symposium - Jackson Hole, 2022
2. The Economics of Intangible Capital
   Journal of Economic Perspectives, 2022, 36, (3), 29-52 View citations (16)

2021

3. Intangibles, markups, and the measurement of productivity growth
   Journal of Monetary Economics, 2021, 124, (S), S92-S109 View citations (10)
   See also Working Paper Intangibles, Markups, and the Measurement of Productivity Growth, NBER Working Papers (2021) View citations (13) (2021)
4. Private and Social Returns to R&D: Drug Development and Demographics
   AEA Papers and Proceedings, 2021, 111, 336-40 View citations (2)
   See also Working Paper Private and Social Returns to R&D: Drug Development and Demographics, NBER Working Papers (2021) View citations (2) (2021)
5. Risk, the College Premium, and Aggregate Human Capital Investment
   American Economic Journal: Macroeconomics, 2021, 13, (2), 168-213 View citations (4)

2020

6. Comment
   NBER Macroeconomics Annual, 2020, 34, (1), 47 - 54
7. Emi Nakamura: 2019 John Bates Clark Medalist
   Journal of Economic Perspectives, 2020, 34, (1), 222-39
8. Reaping what we sow: Investment trends and the future
   Journal of Policy Modeling, 2020, 42, (4), 760-766 View citations (4)
9. The Federal Reserve's Current Framework for Monetary Policy: A Review and Assessment
   International Journal of Central Banking, 2020, 16, (1), 5-71 View citations (22)
   See also Working Paper The Federal Reserve’s Current Framework for Monetary Policy: A Review and Assessment, NBER Working Papers (2019) View citations (27) (2019)

2018

10. Intangibles, Investment, and Efficiency
    AEA Papers and Proceedings, 2018, 108, 426-31 View citations (32)
11. Investment Hollowing Out
    IMF Economic Review, 2018, 66, (1), 5-30 View citations (30)

2016

12. Education Financing and Student Lending
    Annual Review of Financial Economics, 2016, 8, (1), 289-315 View citations (5)

2014

13. Efficient Credit Policies in a Housing Debt Crisis
    Brookings Papers on Economic Activity, 2014, 45, (2 (Fall)), 73-136 View citations (52)

2013

14. Optimal Inattention to the Stock Market With Information Costs and Transactions Costs
    Econometrica, 2013, 81, (4), 1455-1481 View citations (71)
    See also Working Paper Optimal Inattention to the Stock Market with Information Costs and Transactions Costs, 2011 Meeting Papers (2011) View citations (1) (2011)

2012

15. Investment, Valuation, and Growth Options
    Quarterly Journal of Finance (QJF), 2012, 02, (01), 1-32 View citations (7)
16. What explains the lagged-investment effect?
    Journal of Monetary Economics, 2012, 59, (4), 370-380 View citations (83)
    See also Working Paper What Explains the Lagged Investment Effect?, NBER Working Papers (2011) View citations (7) (2011)

2011

17. How Q and Cash Flow Affect Investment without Frictions: An Analytic Explanation
    The Review of Economic Studies, 2011, 78, (4), 1179-1200 View citations (38)

2009

18. Capital Reallocation and Growth
    American Economic Review, 2009, 99, (2), 560-66 View citations (11)

2007

19. Optimal Inattention to the Stock Market
    American Economic Review, 2007, 97, (2), 244-249 View citations (75)

2002

20. Comment on: Time-varying risk premia and the cost of capital: an alternative implication of the Q theory of investment
    Journal of Monetary Economics, 2002, 49, (1), 67-74

1999

21. The effects of irreversibility and uncertainty on capital accumulation
    Journal of Monetary Economics, 1999, 44, (3), 339-377 View citations (112)
    See also Working Paper The Effects of Irreversibility and Uncertainty on Capital Accumulation, NBER Working Papers (1995) View citations (26) (1995)

1998

22. The mix and scale of factors with irreversibility and fixed costs of investment
    Carnegie-Rochester Conference Series on Public Policy, 1998, 48, (1), 101-135 View citations (38)
    See also Working Paper The Mix and Scale of Factors with Irreversibility and Fixed Costs of Investment, NBER Working Papers (1997) View citations (10) (1997)

1997

23. An exact solution for the investment and value of a firm facing uncertainty, adjustment costs, and irreversibility
    Journal of Economic Dynamics and Control, 1997, 21, (4-5), 831-852 View citations (61)
24. International evidence on investment and fundamentals
    European Economic Review, 1997, 41, (6), 1055-1078 View citations (72)
25. Multi-factor Dynamic Investment under Uncertainty
    Journal of Economic Theory, 1997, 75, (2), 345-387 View citations (79)

1996

26. Optimal Investment with Costly Reversibility
    The Review of Economic Studies, 1996, 63, (4), 581-593 View citations (287)
    See also Working Paper Optimal Investment with Costly Reversibility, NBER Working Papers (1995) View citations (36) (1995)
27. Options, the Value of Capital, and Investment
    The Quarterly Journal of Economics, 1996, 111, (3), 753-777 View citations (211)
    See also Working Paper Options, the Value of Capital, and Investment, NBER Working Papers (1995) View citations (82) (1995)

1994

28. A Unified Model of Investment under Uncertainty
    American Economic Review, 1994, 84, (5), 1369-84 View citations (435)
    See also Working Paper A Unified Model of Investment Under Uncertainty, NBER Working Papers (1993) View citations (17) (1993)
29. Adjustment of Consumers' Durables Stocks: Evidence from Automobile Purchases
    Journal of Political Economy, 1994, 102, (3), 403-36 View citations (199)
    See also Working Paper Adjustment of Consumers'durables Stocks: Evidence from Automobile Purchases, Weiss Center Working Papers (1990) View citations (1) (1990)

Chapters

2019

1. Comment on "From Good to Bad Concentration? US Industries over the Past 30 Years"
   A chapter in NBER Macroeconomics Annual 2019, volume 34, 2019, pp 47-54 View citations (2)

2014

2. Defining the Reemerging Role of Fiscal Policy
   Chapter 14 in What Have We Learned? Macroeconomic Policy After the Crisis, 2014, vol. 1, pp 179-182 View citations (2)

2010

3. Comment on "Guaranteed versus Direct Lending: The Case of Student Loans"
   A chapter in Measuring and Managing Federal Financial Risk, 2010, pp 205-211 View citations (1)