EconPapers    
Economics at your fingertips  
 

Details about Emmanuel Farhi

This author is deceased (2020-07-23).

Access statistics for papers by Emmanuel Farhi.

Last updated 2023-03-10. Update your information in the RePEc Author Service.

Short-id: pfa207


Jump to Journal Articles Chapters

Working Papers

2023

  1. Consumer Surplus from Suppliers: How Big is it and Does it Matter for Growth?
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (1)
  2. Input varieties and growth: a micro-to-macro analysis
    Working Paper Research, National Bank of Belgium Downloads

2022

  1. Price Theory for Incomplete Markets
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads

2021

  1. Darwinian Returns to Scale
    CEPR Discussion Papers, C.E.P.R. Discussion Papers Downloads View citations (4)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2020) Downloads View citations (4)

    See also Journal Article The Darwinian Returns to Scale, The Review of Economic Studies, Review of Economic Studies Ltd (2024) Downloads (2024)
  2. Keynesian Production Networks and the Covid-19 Crisis: A Simple Benchmark
    CEPR Discussion Papers, C.E.P.R. Discussion Papers Downloads View citations (6)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2021) Downloads View citations (6)

    See also Journal Article Keynesian Production Networks and the COVID-19 Crisis: A Simple Benchmark, AEA Papers and Proceedings, American Economic Association (2021) Downloads View citations (6) (2021)
  3. Shadow banking and the four pillars of traditional financial intermediation
    Post-Print, HAL Downloads View citations (6)
    Also in EconPol Working Paper, ifo Institute - Leibniz Institute for Economic Research at the University of Munich (2018) Downloads View citations (2)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2017) Downloads View citations (38)
    NBER Working Papers, National Bureau of Economic Research, Inc (2017) Downloads View citations (39)

    See also Journal Article Shadow Banking and the Four Pillars of Traditional Financial Intermediation, The Review of Economic Studies, Review of Economic Studies Ltd (2021) Downloads View citations (12) (2021)
  4. The Supply-Side Effects of Monetary Policy
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (17)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2021) Downloads View citations (21)

    See also Journal Article The Supply-Side Effects of Monetary Policy, Journal of Political Economy, University of Chicago Press (2024) Downloads View citations (2) (2024)

2020

  1. Agir face aux dérèglements du monde
    PSE-Ecole d'économie de Paris (Postprint), HAL
    Also in SciencePo Working papers Main, HAL (2020)
    Post-Print, HAL (2020)
  2. Entry vs. Rents: Aggregation with Economies of Scale
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (1)
  3. Global Imbalances and Policy Wars at the Zero Lower Bound
    CEPR Discussion Papers, C.E.P.R. Discussion Papers Downloads View citations (14)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2015) Downloads View citations (28)

    See also Journal Article Global Imbalances and Policy Wars at the Zero Lower Bound, The Review of Economic Studies, Review of Economic Studies Ltd (2021) Downloads View citations (7) (2021)
  4. Nonlinear Production Networks with an Application to the Covid-19 Crisis
    CEPR Discussion Papers, C.E.P.R. Discussion Papers Downloads View citations (91)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2020) Downloads View citations (89)
  5. Reopening Scenarios
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (7)
  6. Supply and Demand in Disaggregated Keynesian Economies with an Application to the Covid-19 Crisis
    CEPR Discussion Papers, C.E.P.R. Discussion Papers Downloads View citations (118)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2020) Downloads View citations (130)

    See also Journal Article Supply and Demand in Disaggregated Keynesian Economies with an Application to the COVID-19 Crisis, American Economic Review, American Economic Association (2022) Downloads View citations (98) (2022)

2019

  1. A Short Note on Aggregating Productivity
    CEPR Discussion Papers, C.E.P.R. Discussion Papers Downloads View citations (7)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2019) Downloads View citations (7)
  2. China vs. U.S.: IMS Meets IPS
    CEPR Discussion Papers, C.E.P.R. Discussion Papers Downloads
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2019) Downloads
  3. Macro as Explicitly Aggregated Micro
    Annual Meeting Plenary, Society for Economic Dynamics Downloads
  4. Networks, Barriers, and Trade
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (50)

2018

  1. Accounting for Macro-Finance Trends: Market Power, Intangibles, and Risk Premia
    Working Paper Series, Federal Reserve Bank of Chicago Downloads View citations (67)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2018) Downloads View citations (78)

    See also Journal Article Accounting for Macro-Finance Trends: Market Power, Intangibles, and Risk Premia, Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution (2018) Downloads View citations (100) (2018)
  2. Deadly embrace: sovereign and financial balance sheets doom loops
    Post-Print, HAL Downloads View citations (120)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2016) Downloads View citations (59)
    EconPol Working Paper, ifo Institute - Leibniz Institute for Economic Research at the University of Munich (2017) Downloads View citations (52)
    Working Paper, Harvard University OpenScholar (2016) Downloads View citations (77)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2015) Downloads View citations (16)

    See also Journal Article Deadly Embrace: Sovereign and Financial Balance Sheets Doom Loops, The Review of Economic Studies, Review of Economic Studies Ltd (2018) Downloads View citations (163) (2018)
  3. Macroeconomics with Heterogeneous Agents and Input-Output Networks
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (12)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2018) Downloads View citations (12)
  4. Monetary Policy, Product Market Competition, and Growth
    CEPR Discussion Papers, C.E.P.R. Discussion Papers Downloads View citations (5)
    Also in CEP Discussion Papers, Centre for Economic Performance, LSE (2018) Downloads View citations (5)
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2018) Downloads View citations (5)

    See also Journal Article Monetary Policy, Product Market Competition and Growth, Economica, London School of Economics and Political Science (2019) Downloads View citations (11) (2019)
  5. Monetay Policy, Bounded Rationality, and Incomplete Markets
    2018 Meeting Papers, Society for Economic Dynamics Downloads View citations (8)
    Also in Working Paper, Harvard University OpenScholar (2017) Downloads View citations (64)
    NBER Working Papers, National Bureau of Economic Research, Inc (2017) Downloads View citations (63)

    See also Journal Article Monetary Policy, Bounded Rationality, and Incomplete Markets, American Economic Review, American Economic Association (2019) Downloads View citations (128) (2019)
  6. Productivity and Misallocation in General Equilibrium
    2018 Meeting Papers, Society for Economic Dynamics Downloads View citations (23)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2017) Downloads View citations (61)
    NBER Working Papers, National Bureau of Economic Research, Inc (2017) Downloads View citations (56)
    Discussion Papers, Centre for Macroeconomics (CFM) (2017) Downloads View citations (62)
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2017) Downloads View citations (51)

    See also Journal Article Productivity and Misallocation in General Equilibrium, The Quarterly Journal of Economics, President and Fellows of Harvard College (2020) Downloads View citations (152) (2020)
  7. The Macroeconomics of Border Taxes
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (8)
    See also Chapter The Macroeconomics of Border Taxes, NBER Chapters, National Bureau of Economic Research, Inc (2018) Downloads View citations (8) (2018)
    Journal Article The Macroeconomics of Border Taxes, NBER Macroeconomics Annual, University of Chicago Press (2019) Downloads View citations (8) (2019)
  8. The Microeconomic Foundations of Aggregate Production Functions
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (7)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2018) Downloads View citations (14)

2017

  1. Accounting for Medium-run Macro-finance Trends
    2017 Meeting Papers, Society for Economic Dynamics Downloads
  2. Fiscal Unions
    Working Paper, Harvard University OpenScholar Downloads View citations (3)
    Also in 2013 Meeting Papers, Society for Economic Dynamics (2013) View citations (2)
    Working Paper, Harvard University OpenScholar (2014) Downloads View citations (5)
    NBER Working Papers, National Bureau of Economic Research, Inc (2012) Downloads View citations (28)

    See also Journal Article Fiscal Unions, American Economic Review, American Economic Association (2017) Downloads View citations (70) (2017)
  3. Optimal Taxation with Behavioral Agents
    2017 Meeting Papers, Society for Economic Dynamics Downloads View citations (12)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2015) Downloads View citations (54)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2015) Downloads View citations (54)
    Working Paper, Harvard University OpenScholar (2015) Downloads View citations (54)

    See also Journal Article Optimal Taxation with Behavioral Agents, American Economic Review, American Economic Association (2020) Downloads View citations (80) (2020)
  4. Rents, Technical Change, and Risk Premia Accounting for Secular Trends in Interest Rates, Returns on Capital, Earning Yields, and Factor Shares
    Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley Downloads View citations (104)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2017) Downloads View citations (107)

    See also Journal Article Rents, Technical Change, and Risk Premia Accounting for Secular Trends in Interest Rates, Returns on Capital, Earning Yields, and Factor Shares, American Economic Review, American Economic Association (2017) Downloads View citations (108) (2017)
  5. Rents, Technical Change, and Risk Premia: Accounting for Secular Trends in Interest Rates, Returns to Capital, Earnings Yields
    CEPR Discussion Papers, C.E.P.R. Discussion Papers Downloads View citations (104)
  6. The Macroeconomic Impact of Microeconomic Shocks: Beyond Hulten's Theorem
    Working Paper, Harvard University OpenScholar Downloads View citations (37)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2017) Downloads View citations (37)
    2017 Meeting Papers, Society for Economic Dynamics (2017) Downloads View citations (34)
    NBER Working Papers, National Bureau of Economic Research, Inc (2017) Downloads View citations (53)
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2017) Downloads View citations (27)
    Discussion Papers, Centre for Macroeconomics (CFM) (2017) Downloads View citations (30)

    See also Journal Article The Macroeconomic Impact of Microeconomic Shocks: Beyond Hulten's Theorem, Econometrica, Econometric Society (2019) Downloads View citations (161) (2019)
  7. The Safe Assets Shortage Conundrum
    Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley Downloads View citations (151)
    See also Journal Article The Safe Assets Shortage Conundrum, Journal of Economic Perspectives, American Economic Association (2017) Downloads View citations (173) (2017)

2016

  1. A Model of the International Monetary System
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (13)
    Also in Working Paper, Harvard University OpenScholar (2016) Downloads View citations (13)
    Working Paper, Harvard University OpenScholar (2015) Downloads View citations (1)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2016) Downloads View citations (13)
    2016 Meeting Papers, Society for Economic Dynamics (2016) Downloads View citations (13)
    Working Paper, Harvard University OpenScholar (2016) Downloads View citations (13)

    See also Journal Article A Model of the International Monetary System, The Quarterly Journal of Economics, President and Fellows of Harvard College (2018) Downloads View citations (62) (2018)
  2. Global Imbalances and Currency Wars at the ZLB
    2016 Meeting Papers, Society for Economic Dynamics View citations (21)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2015) Downloads View citations (77)
    Working Paper, Harvard University OpenScholar (2016) Downloads View citations (23)
  3. Safe Asset Scarcity and Aggregate Demand
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (123)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2016) Downloads View citations (122)
    Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley (2016) Downloads View citations (107)
    Working Paper, Harvard University OpenScholar Downloads View citations (83)

    See also Journal Article Safe Asset Scarcity and Aggregate Demand, American Economic Review, American Economic Association (2016) Downloads View citations (123) (2016)

2015

  1. Coordination and Crisis in Monetary Unions
    Staff Report, Federal Reserve Bank of Minneapolis Downloads View citations (47)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2014) Downloads View citations (11)
    2015 Meeting Papers, Society for Economic Dynamics (2015) Downloads View citations (72)
    Working Paper, Harvard University OpenScholar Downloads View citations (60)

    See also Journal Article Coordination and Crisis in Monetary Unions, The Quarterly Journal of Economics, President and Fellows of Harvard College (2015) Downloads View citations (72) (2015)
  2. Crash Risk in Currency Markets
    Working Paper, Harvard University OpenScholar Downloads View citations (51)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2009) Downloads View citations (74)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2009) Downloads View citations (87)
    2010 Meeting Papers, Society for Economic Dynamics (2010) View citations (1)
  3. Liquidity and growth: the role of counter-cyclical interest rates
    BIS Working Papers, Bank for International Settlements Downloads View citations (11)
  4. Rare Disasters and Exchange Rates
    CEPR Discussion Papers, C.E.P.R. Discussion Papers Downloads View citations (35)
    Also in 2008 Meeting Papers, Society for Economic Dynamics (2008) Downloads View citations (78)
    Working Paper, Harvard University OpenScholar Downloads View citations (31)
    NBER Working Papers, National Bureau of Economic Research, Inc (2008) Downloads View citations (121)
  5. The Safety Trap
    Working Paper, Harvard University OpenScholar Downloads View citations (31)
    Also in Working Paper, Harvard University OpenScholar Downloads View citations (232)
    NBER Working Papers, National Bureau of Economic Research, Inc (2014) Downloads View citations (65)

    See also Journal Article The Safety Trap, The Review of Economic Studies, Review of Economic Studies Ltd (2018) Downloads View citations (61) (2018)

2014

  1. Bequest Taxation and R-G
    Working Paper, Harvard University OpenScholar Downloads View citations (2)
  2. Fiscal Devaluations
    Scholarly Articles, Harvard University Department of Economics Downloads View citations (49)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2011) Downloads View citations (20)
    Working Papers, Federal Reserve Bank of Boston (2012) Downloads View citations (6)
    NBER Working Papers, National Bureau of Economic Research, Inc (2011) Downloads View citations (27)
    Working Papers, Institute for Social and Economic Change, Bangalore (2012) Downloads View citations (6)
    Working Paper, Harvard University OpenScholar Downloads
    2011 Meeting Papers, Society for Economic Dynamics (2011) View citations (6)

    See also Journal Article Fiscal Devaluations, The Review of Economic Studies, Review of Economic Studies Ltd (2014) Downloads View citations (44) (2014)
  3. How Much Would You Pay to Resolve Long-Run Risk?
    Scholarly Articles, Harvard University Department of Economics Downloads View citations (113)
    Also in Working Paper, Harvard University OpenScholar Downloads View citations (90)
    Working Paper, Harvard University OpenScholar (2013) Downloads View citations (1)
    2014 Meeting Papers, Society for Economic Dynamics (2014) View citations (115)
    Working Paper, Harvard University OpenScholar Downloads View citations (91)
    NBER Working Papers, National Bureau of Economic Research, Inc (2013) Downloads View citations (1)
    Boston University - Department of Economics - Working Papers Series, Boston University - Department of Economics (2013) Downloads View citations (1)

    See also Journal Article How Much Would You Pay to Resolve Long-Run Risk?, American Economic Review, American Economic Association (2014) Downloads View citations (114) (2014)
  4. Labor Mobility Within Currency Unions
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (24)
    Also in Working Paper, Harvard University OpenScholar (2014) Downloads View citations (24)
  5. Labor Mobility in Currency Unions
    2014 Meeting Papers, Society for Economic Dynamics Downloads View citations (16)
  6. Sovereign Debt Booms in Monetary Unions
    Scholarly Articles, Harvard University Department of Economics Downloads View citations (23)
    Also in Working Paper, Harvard University OpenScholar Downloads View citations (8)

    See also Journal Article Sovereign Debt Booms in Monetary Unions, American Economic Review, American Economic Association (2014) Downloads View citations (25) (2014)

2013

  1. A Model of the Safe Asset Mechanism (SAM): Safety Traps and Economic Policy
    Working Paper, Harvard University OpenScholar Downloads View citations (61)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2013) Downloads View citations (61)
  2. A Theory of Macroprudential Policies in the Presence of Nominal Rigidities
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (62)
    Also in Working Paper, Harvard University OpenScholar Downloads View citations (5)

    See also Journal Article A Theory of Macroprudential Policies in the Presence of Nominal Rigidities, Econometrica, Econometric Society (2016) Downloads View citations (222) (2016)
  3. Crisis and Commitment: Inflation Credibility and the Vulnerability to Sovereign Debt Crises
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (90)
    Also in Working Papers, Princeton University. Economics Department. (2013) Downloads View citations (12)
  4. Estate Taxation with Altruism Heterogeneity
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (27)
    Also in Working Paper, Harvard University OpenScholar Downloads

    See also Journal Article Estate Taxation with Altruism Heterogeneity, American Economic Review, American Economic Association (2013) Downloads View citations (28) (2013)
  5. Liquid Bundles
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse Downloads View citations (1)
    Also in TSE Working Papers, Toulouse School of Economics (TSE) (2013) Downloads View citations (1)
    Working Paper, Harvard University OpenScholar Downloads

    See also Journal Article Liquid bundles, Journal of Economic Theory, Elsevier (2015) Downloads View citations (2) (2015)

2012

  1. Dealing with the Trilemma: Optimal Capital Controls with Fixed Exchange Rates
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (195)
  2. Fiscal Multipliers: Liquidity Traps and Currency Unions
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (50)
    Also in Working Paper, Harvard University OpenScholar Downloads View citations (142)
  3. Monetary Policy, Liquidity, and Growth
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (20)
  4. Unconventional fiscal policy at the zero bound
    Working Papers, Federal Reserve Bank of Minneapolis Downloads View citations (3)
    Also in Working Papers, Banco de Portugal, Economics and Research Department (2011) Downloads View citations (17)
    NBER Working Papers, National Bureau of Economic Research, Inc (2011) Downloads View citations (15)
    Working Paper, Harvard University OpenScholar Downloads
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2011) Downloads View citations (15)

    See also Journal Article Unconventional Fiscal Policy at the Zero Bound, American Economic Review, American Economic Association (2013) Downloads View citations (165) (2013)

2011

  1. Bubbly Liquidity
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (19)
    Also in TSE Working Papers, Toulouse School of Economics (TSE) (2011) View citations (25)
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse (2011) View citations (25)
    2011 Meeting Papers, Society for Economic Dynamics (2011) View citations (13)

    See also Journal Article Bubbly Liquidity, The Review of Economic Studies, Review of Economic Studies Ltd (2012) Downloads View citations (89) (2012)
  2. Insurance and Taxation over the Life Cycle
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (14)
    Also in 2010 Meeting Papers, Society for Economic Dynamics (2010) View citations (14)

    See also Journal Article Insurance and Taxation over the Life Cycle, The Review of Economic Studies, Review of Economic Studies Ltd (2013) Downloads View citations (149) (2013)
  3. Réformer le système monétaire international
    Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers), HAL View citations (1)
    Also in Post-Print, HAL (2011)
    PSE-Ecole d'économie de Paris (Postprint), HAL (2011)

2010

  1. Collective Moral Hazard, Maturity Mismatch and Systemic Bailouts
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse Downloads View citations (21)
    Also in TSE Working Papers, Toulouse School of Economics (TSE) (2010) Downloads View citations (18)
    NBER Working Papers, National Bureau of Economic Research, Inc (2009) Downloads View citations (76)
    2010 Meeting Papers, Society for Economic Dynamics (2010) View citations (17)
    Institutions and Markets Papers, Fondazione Eni Enrico Mattei (FEEM) (2009) Downloads View citations (75)
    Working Papers, Fondazione Eni Enrico Mattei (2009) Downloads View citations (80)

    See also Journal Article Collective Moral Hazard, Maturity Mismatch, and Systemic Bailouts, American Economic Review, American Economic Association (2012) Downloads View citations (708) (2012)

2009

  1. A Theory of Liquidity and Regulation of Financial Intermediation
    Scholarly Articles, Harvard University Department of Economics Downloads View citations (164)
    Also in Levine's Working Paper Archive, David K. Levine (2008) Downloads View citations (1)
    NBER Working Papers, National Bureau of Economic Research, Inc (2007) Downloads View citations (5)
    Levine's Bibliography, UCLA Department of Economics (2006) Downloads View citations (6)

    See also Journal Article A Theory of Liquidity and Regulation of Financial Intermediation, The Review of Economic Studies, Review of Economic Studies Ltd (2009) Downloads View citations (164) (2009)
  2. Capital Taxation: Quantitative Explorations of the Inverse Euler Equation
    2009 Meeting Papers, Society for Economic Dynamics Downloads View citations (8)
    See also Journal Article Capital Taxation: Quantitative Explorations of the Inverse Euler Equation, Journal of Political Economy, University of Chicago Press (2012) Downloads View citations (43) (2012)

2008

  1. A Positive Theory of Capital Taxation
    2008 Meeting Papers, Society for Economic Dynamics
  2. An Equilibrium Model of "Global Imbalances" and Low Interest Rates
    Scholarly Articles, Harvard University Department of Economics Downloads View citations (692)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2006) Downloads View citations (191)
    BIS Working Papers, Bank for International Settlements (2006) Downloads View citations (40)
    NBER Working Papers, National Bureau of Economic Research, Inc (2006) Downloads View citations (95)
    2006 Meeting Papers, Society for Economic Dynamics (2006) Downloads View citations (79)
    Center for International and Development Economics Research, Working Paper Series, Center for International and Development Economics Research, Institute for Business and Economic Research, UC Berkeley (2006) Downloads View citations (111)
    Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley (2006) Downloads View citations (83)

    See also Journal Article An Equilibrium Model of "Global Imbalances" and Low Interest Rates, American Economic Review, American Economic Association (2008) Downloads View citations (533) (2008)
  3. Competing Liquidities: Corporate Securities Real Bonds and Bubbles
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse View citations (8)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2008) Downloads View citations (9)
  4. Fear of Rejection? Tiered Certification and Transparency
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (22)
    Also in Working Paper, Harvard University OpenScholar Downloads View citations (41)

    See also Journal Article Fear of rejection? Tiered certification and transparency, RAND Journal of Economics, RAND Corporation (2013) Downloads View citations (36) (2013)
  5. Financial Crash, Commodity Prices and Global Imbalances
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (194)
    Also in Working Paper, Harvard University OpenScholar Downloads View citations (6)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2008) Downloads View citations (178)
    Scholarly Articles, Harvard University Department of Economics (2008) Downloads View citations (186)
  6. Optimal Savings Distortions with Recursive Preferences
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (12)
    See also Journal Article Optimal savings distortions with recursive preferences, Journal of Monetary Economics, Elsevier (2008) Downloads View citations (12) (2008)

2007

  1. Capital Taxation and Ownership when Markets are Incomplete
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (5)
    See also Journal Article Capital Taxation and Ownership When Markets Are Incomplete, Journal of Political Economy, University of Chicago Press (2010) Downloads View citations (55) (2010)
  2. Inequality and Social Discounting
    Scholarly Articles, Harvard University Department of Economics Downloads View citations (102)
    Also in Working Paper, Harvard University OpenScholar Downloads

    See also Journal Article Inequality and Social Discounting, Journal of Political Economy, University of Chicago Press (2007) Downloads View citations (105) (2007)

2006

  1. Capital Taxation
    2006 Meeting Papers, Society for Economic Dynamics
  2. Progressive Estate Taxation
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (15)
    See also Journal Article Progressive Estate Taxation, The Quarterly Journal of Economics, President and Fellows of Harvard College (2010) Downloads View citations (98) (2010)

2005

  1. Inequality, Social Discounting and Estate Taxation
    2005 Meeting Papers, Society for Economic Dynamics Downloads View citations (18)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2005) Downloads View citations (19)

2004

  1. Speculative Growth: Hints from the US Economy
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (11)
    See also Journal Article Speculative Growth: Hints from the U.S. Economy, American Economic Review, American Economic Association (2006) Downloads View citations (95) (2006)

Undated

  1. Dilemma not Trilemma? Capital Controls and Exchange Rates with Volatile Capital Flows
    Working Paper, Harvard University OpenScholar Downloads View citations (114)
  2. Rents, Technical Change, and Risk Premia: Accounting for Secular Changes in Interest Rates, Returns to Capital, Earnings Yields, and Factor Shares
    Working Paper, Harvard University OpenScholar Downloads View citations (1)

Journal Articles

2024

  1. The Darwinian Returns to Scale
    The Review of Economic Studies, 2024, 91, (3), 1373-1405 Downloads
    See also Working Paper Darwinian Returns to Scale, CEPR Discussion Papers (2021) Downloads View citations (4) (2021)
  2. The Supply-Side Effects of Monetary Policy
    Journal of Political Economy, 2024, 132, (4), 1065 - 1112 Downloads View citations (2)
    See also Working Paper The Supply-Side Effects of Monetary Policy, NBER Working Papers (2021) Downloads View citations (17) (2021)

2022

  1. Supply and Demand in Disaggregated Keynesian Economies with an Application to the COVID-19 Crisis
    American Economic Review, 2022, 112, (5), 1397-1436 Downloads View citations (98)
    See also Working Paper Supply and Demand in Disaggregated Keynesian Economies with an Application to the Covid-19 Crisis, CEPR Discussion Papers (2020) Downloads View citations (118) (2020)

2021

  1. Global Imbalances and Policy Wars at the Zero Lower Bound
    (Safe Assets)
    The Review of Economic Studies, 2021, 88, (6), 2570-2621 Downloads View citations (7)
    See also Working Paper Global Imbalances and Policy Wars at the Zero Lower Bound, CEPR Discussion Papers (2020) Downloads View citations (14) (2020)
  2. Keynesian Production Networks and the COVID-19 Crisis: A Simple Benchmark
    AEA Papers and Proceedings, 2021, 111, 272-76 Downloads View citations (6)
    See also Working Paper Keynesian Production Networks and the Covid-19 Crisis: A Simple Benchmark, CEPR Discussion Papers (2021) Downloads View citations (6) (2021)
  3. Review Article: Perspectives on the Future of Asset Pricing
    (Do survey expectations of stock returns reflect risk-adjustments?)
    The Review of Financial Studies, 2021, 34, (4), 2126-2160 Downloads View citations (20)
  4. Shadow Banking and the Four Pillars of Traditional Financial Intermediation
    (Securitization without Risk Transfer)
    The Review of Economic Studies, 2021, 88, (6), 2622-2653 Downloads View citations (12)
    See also Working Paper Shadow banking and the four pillars of traditional financial intermediation, Post-Print (2021) Downloads View citations (6) (2021)

2020

  1. Optimal Taxation with Behavioral Agents
    American Economic Review, 2020, 110, (1), 298-336 Downloads View citations (80)
    See also Working Paper Optimal Taxation with Behavioral Agents, 2017 Meeting Papers (2017) Downloads View citations (12) (2017)
  2. Productivity and Misallocation in General Equilibrium
    The Quarterly Journal of Economics, 2020, 135, (1), 105-163 Downloads View citations (152)
    See also Working Paper Productivity and Misallocation in General Equilibrium, 2018 Meeting Papers (2018) Downloads View citations (23) (2018)

2019

  1. China versus the United States: IMS Meets IPS
    AEA Papers and Proceedings, 2019, 109, 476-81 Downloads View citations (13)
  2. JEEA-FBBVA Lecture 2018: The Microeconomic Foundations of Aggregate Production Functions
    Journal of the European Economic Association, 2019, 17, (5), 1337-1392 Downloads View citations (14)
  3. Monetary Policy, Bounded Rationality, and Incomplete Markets
    American Economic Review, 2019, 109, (11), 3887-3928 Downloads View citations (128)
    See also Working Paper Monetay Policy, Bounded Rationality, and Incomplete Markets, 2018 Meeting Papers (2018) Downloads View citations (8) (2018)
  4. Monetary Policy, Product Market Competition and Growth
    Economica, 2019, 86, (343), 431-470 Downloads View citations (11)
    See also Working Paper Monetary Policy, Product Market Competition, and Growth, CEPR Discussion Papers (2018) Downloads View citations (5) (2018)
  5. The Macroeconomic Impact of Microeconomic Shocks: Beyond Hulten's Theorem
    Econometrica, 2019, 87, (4), 1155-1203 Downloads View citations (161)
    See also Working Paper The Macroeconomic Impact of Microeconomic Shocks: Beyond Hulten's Theorem, Working Paper (2017) Downloads View citations (37) (2017)
  6. The Macroeconomics of Border Taxes
    NBER Macroeconomics Annual, 2019, 33, (1), 395 - 457 Downloads View citations (8)
    See also Chapter The Macroeconomics of Border Taxes, NBER Chapters, 2018, 395-457 (2018) Downloads View citations (8) (2018)
    Working Paper The Macroeconomics of Border Taxes, NBER Working Papers (2018) Downloads View citations (8) (2018)
  7. What is Driving the Return Spread Between “Safe” and “Risky” Assets?
    Chicago Fed Letter, 2019 Downloads

2018

  1. A Model of the International Monetary System
    The Quarterly Journal of Economics, 2018, 133, (1), 295-355 Downloads View citations (62)
    See also Working Paper A Model of the International Monetary System, NBER Working Papers (2016) Downloads View citations (13) (2016)
  2. Accounting for Macro-Finance Trends: Market Power, Intangibles, and Risk Premia
    Brookings Papers on Economic Activity, 2018, 49, (2 (Fall)), 147-250 Downloads View citations (100)
    See also Working Paper Accounting for Macro-Finance Trends: Market Power, Intangibles, and Risk Premia, Working Paper Series (2018) Downloads View citations (67) (2018)
  3. Deadly Embrace: Sovereign and Financial Balance Sheets Doom Loops
    The Review of Economic Studies, 2018, 85, (3), 1781-1823 Downloads View citations (163)
    See also Working Paper Deadly embrace: sovereign and financial balance sheets doom loops, Post-Print (2018) Downloads View citations (120) (2018)
  4. The Safety Trap
    The Review of Economic Studies, 2018, 85, (1), 223-274 Downloads View citations (61)
    See also Working Paper The Safety Trap, Working Paper (2015) Downloads View citations (31) (2015)

2017

  1. Fiscal Unions
    American Economic Review, 2017, 107, (12), 3788-3834 Downloads View citations (70)
    See also Working Paper Fiscal Unions, Working Paper (2017) Downloads View citations (3) (2017)
  2. Rents, Technical Change, and Risk Premia Accounting for Secular Trends in Interest Rates, Returns on Capital, Earning Yields, and Factor Shares
    American Economic Review, 2017, 107, (5), 614-20 Downloads View citations (108)
    See also Working Paper Rents, Technical Change, and Risk Premia Accounting for Secular Trends in Interest Rates, Returns on Capital, Earning Yields, and Factor Shares, Department of Economics, Working Paper Series (2017) Downloads View citations (104) (2017)
  3. The Safe Assets Shortage Conundrum
    Journal of Economic Perspectives, 2017, 31, (3), 29-46 Downloads View citations (173)
    See also Working Paper The Safe Assets Shortage Conundrum, Department of Economics, Working Paper Series (2017) Downloads View citations (151) (2017)

2016

  1. A Theory of Macroprudential Policies in the Presence of Nominal Rigidities
    Econometrica, 2016, 84, 1645-1704 Downloads View citations (222)
    See also Working Paper A Theory of Macroprudential Policies in the Presence of Nominal Rigidities, NBER Working Papers (2013) Downloads View citations (62) (2013)
  2. Editor's Choice Rare Disasters and Exchange Rates
    The Quarterly Journal of Economics, 2016, 131, (1), 1-52 Downloads View citations (151)
  3. Safe Asset Scarcity and Aggregate Demand
    American Economic Review, 2016, 106, (5), 513-18 Downloads View citations (123)
    See also Working Paper Safe Asset Scarcity and Aggregate Demand, NBER Working Papers (2016) Downloads View citations (123) (2016)

2015

  1. Coordination and Crisis in Monetary Unions
    The Quarterly Journal of Economics, 2015, 130, (4), 1727-1779 Downloads View citations (72)
    See also Working Paper Coordination and Crisis in Monetary Unions, Staff Report (2015) Downloads View citations (47) (2015)
  2. Liquid bundles
    Journal of Economic Theory, 2015, 158, (PB), 634-655 Downloads View citations (2)
    See also Working Paper Liquid Bundles, IDEI Working Papers (2013) Downloads View citations (1) (2013)

2014

  1. Dilemma Not Trilemma? Capital Controls and Exchange Rates with Volatile Capital Flows
    IMF Economic Review, 2014, 62, (4), 569-605 Downloads View citations (129)
  2. Fiscal Devaluations
    The Review of Economic Studies, 2014, 81, (2), 725-760 Downloads View citations (44)
    See also Working Paper Fiscal Devaluations, Scholarly Articles (2014) Downloads View citations (49) (2014)
  3. How Much Would You Pay to Resolve Long-Run Risk?
    American Economic Review, 2014, 104, (9), 2680-97 Downloads View citations (114)
    See also Working Paper How Much Would You Pay to Resolve Long-Run Risk?, Scholarly Articles (2014) Downloads View citations (113) (2014)
  4. Sovereign Debt Booms in Monetary Unions
    American Economic Review, 2014, 104, (5), 101-06 Downloads View citations (25)
    See also Working Paper Sovereign Debt Booms in Monetary Unions, Scholarly Articles (2014) Downloads View citations (23) (2014)

2013

  1. Estate Taxation with Altruism Heterogeneity
    American Economic Review, 2013, 103, (3), 489-95 Downloads View citations (28)
    See also Working Paper Estate Taxation with Altruism Heterogeneity, NBER Working Papers (2013) Downloads View citations (27) (2013)
  2. Fear of rejection? Tiered certification and transparency
    RAND Journal of Economics, 2013, 44, (4), 610-631 Downloads View citations (36)
    See also Working Paper Fear of Rejection? Tiered Certification and Transparency, NBER Working Papers (2008) Downloads View citations (22) (2008)
  3. Insurance and Taxation over the Life Cycle
    The Review of Economic Studies, 2013, 80, (2), 596-635 Downloads View citations (149)
    See also Working Paper Insurance and Taxation over the Life Cycle, NBER Working Papers (2011) Downloads View citations (14) (2011)
  4. Unconventional Fiscal Policy at the Zero Bound
    American Economic Review, 2013, 103, (4), 1172-1211 Downloads View citations (165)
    See also Working Paper Unconventional fiscal policy at the zero bound, Working Papers (2012) Downloads View citations (3) (2012)

2012

  1. Bubbly Liquidity
    The Review of Economic Studies, 2012, 79, (2), 678-706 Downloads View citations (89)
    See also Working Paper Bubbly Liquidity, NBER Working Papers (2011) Downloads View citations (19) (2011)
  2. Capital Taxation: Quantitative Explorations of the Inverse Euler Equation
    Journal of Political Economy, 2012, 120, (3), 000 - 000 Downloads View citations (43)
    See also Working Paper Capital Taxation: Quantitative Explorations of the Inverse Euler Equation, 2009 Meeting Papers (2009) Downloads View citations (8) (2009)
  3. Collective Moral Hazard, Maturity Mismatch, and Systemic Bailouts
    American Economic Review, 2012, 102, (1), 60-93 Downloads View citations (708)
    See also Working Paper Collective Moral Hazard, Maturity Mismatch and Systemic Bailouts, IDEI Working Papers (2010) Downloads View citations (21) (2010)
  4. La TVA sociale, une solution aux problèmes de compétitivité ?
    Regards croisés sur l'économie, 2012, n° 11, (1), 107-112 Downloads
  5. Non-linear Capital Taxation Without Commitment
    The Review of Economic Studies, 2012, 79, (4), 1469-1493 Downloads View citations (66)

2010

  1. Capital Taxation and Ownership When Markets Are Incomplete
    Journal of Political Economy, 2010, 118, (5), 908 - 948 Downloads View citations (55)
    See also Working Paper Capital Taxation and Ownership when Markets are Incomplete, NBER Working Papers (2007) Downloads View citations (5) (2007)
  2. Progressive Estate Taxation
    The Quarterly Journal of Economics, 2010, 125, (2), 635-673 Downloads View citations (98)
    See also Working Paper Progressive Estate Taxation, NBER Working Papers (2006) Downloads View citations (15) (2006)

2009

  1. A Theory of Liquidity and Regulation of Financial Intermediation
    The Review of Economic Studies, 2009, 76, (3), 973-992 Downloads View citations (164)
    See also Working Paper A Theory of Liquidity and Regulation of Financial Intermediation, Scholarly Articles (2009) Downloads View citations (164) (2009)
  2. Leverage and the Central Banker's Put
    American Economic Review, 2009, 99, (2), 589-93 Downloads View citations (34)

2008

  1. An Equilibrium Model of "Global Imbalances" and Low Interest Rates
    American Economic Review, 2008, 98, (1), 358-93 Downloads View citations (533)
    See also Working Paper An Equilibrium Model of "Global Imbalances" and Low Interest Rates, Scholarly Articles (2008) Downloads View citations (692) (2008)
  2. Financial Crash, Commody Prices, and Global Inbalances
    Brookings Papers on Economic Activity, 2008, 39, (2 (Fall)), 1-68 Downloads View citations (75)
  3. Optimal savings distortions with recursive preferences
    Journal of Monetary Economics, 2008, 55, (1), 21-42 Downloads View citations (12)
    See also Working Paper Optimal Savings Distortions with Recursive Preferences, NBER Working Papers (2008) Downloads View citations (12) (2008)

2007

  1. Inequality and Social Discounting
    Journal of Political Economy, 2007, 115, (3), 365-402 Downloads View citations (105)
    See also Working Paper Inequality and Social Discounting, Scholarly Articles (2007) Downloads View citations (102) (2007)
  2. Saving and investing for early retirement: A theoretical analysis
    Journal of Financial Economics, 2007, 83, (1), 87-121 Downloads View citations (87)

2006

  1. Speculative Growth: Hints from the U.S. Economy
    American Economic Review, 2006, 96, (4), 1159-1192 Downloads View citations (95)
    See also Working Paper Speculative Growth: Hints from the US Economy, NBER Working Papers (2004) Downloads View citations (11) (2004)

2005

  1. Certifying New Technologies
    Journal of the European Economic Association, 2005, 3, (2-3), 734-744 Downloads View citations (12)

Chapters

2018

  1. The Macroeconomics of Border Taxes
    A chapter in NBER Macroeconomics Annual 2018, volume 33, 2018, pp 395-457 Downloads View citations (8)
    See also Journal Article The Macroeconomics of Border Taxes, University of Chicago Press (2019) Downloads View citations (8) (2019)
    Working Paper The Macroeconomics of Border Taxes, National Bureau of Economic Research, Inc (2018) Downloads View citations (8) (2018)

2016

  1. Fiscal Multipliers☆☆We thank the editors John Taylor and Harald Uhlig for detailed comments, as well as suggestions and comments by Gabriel Chodorow-Reich, Jon Steinsson, and Michael Weber
    Elsevier Downloads
 
Page updated 2025-02-18