Details about Fatih Guvenen

Access statistics for papers by Fatih Guvenen.

Last updated 2020-08-11. Update your information in the RePEc Author Service.

Short-id: pgu24

Working Papers

2020

1. Skewed Idiosyncratic Income Risk over the Business Cycle: Sources and Insurance
   Working Papers, Barcelona Graduate School of Economics View citations (3)

2019

2. Benchmarking Global Optimizers
   NBER Working Papers, National Bureau of Economic Research, Inc
3. Skewed Business Cycles
   2019 Meeting Papers, Society for Economic Dynamics View citations (1)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2019) View citations (1)
   2016 Meeting Papers, Society for Economic Dynamics (2016) View citations (6)
4. The measurement implications of offshore profit shifting
   2019 Meeting Papers, Society for Economic Dynamics
5. Use It or Lose It: Efficiency Gains from Wealth Taxation
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (31)
   Also in 2017 Meeting Papers, Society for Economic Dynamics (2017) View citations (9)
   Working Papers, University of Toronto, Department of Economics (2019) View citations (9)
   Working Papers, Federal Reserve Bank of Minneapolis (2019) View citations (8)

2018

6. Asymmetric Business-Cycle Risk and Social Insurance
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (17)
   Also in Working Papers, Barcelona Graduate School of Economics (2018) View citations (19)
7. Consumption and Savings Under Non-Gaussian Income Risk
   2018 Meeting Papers, Society for Economic Dynamics
8. Earnings and Hours Dynamics Over the Life Cycle
   2018 Meeting Papers, Society for Economic Dynamics
9. FDI Return Differentials: An Explanation Based on Offshore Profit Shifting
   2018 Meeting Papers, Society for Economic Dynamics
10. Firming Up Inequality
    Working Papers, Federal Reserve Bank of Minneapolis View citations (22)
    Also in Working Papers, Princeton University, Department of Economics, Industrial Relations Section. (2018) View citations (22)
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2015) View citations (46)
    NBER Working Papers, National Bureau of Economic Research, Inc (2015) View citations (41)
    CEP Discussion Papers, Centre for Economic Performance, LSE (2015) View citations (36)
    See also Journal Article in The Quarterly Journal of Economics (2019)
11. Multidimensional Skill Mismatch
    Department of Economics Working Papers, Stony Brook University, Department of Economics View citations (2)
    Also in Working Papers, Federal Reserve Bank of Minneapolis (2015) View citations (6)
    Working Papers, University of Toronto, Department of Economics (2015) View citations (8)
    Working Papers, Federal Reserve Bank of St. Louis (2015) View citations (6)
    NBER Working Papers, National Bureau of Economic Research, Inc (2015) View citations (27)
12. Offshore Profit Shifting and Domestic Productivity Measurement
    Working Papers, Federal Reserve Bank of Minneapolis View citations (5)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2017) View citations (32)
    BEA Working Papers, Bureau of Economic Analysis (2017) View citations (32)
    2016 Meeting Papers, Society for Economic Dynamics (2016) View citations (3)

2017

13. Lifetime Incomes in the United States over Six Decades
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (25)
14. Top Income Inequality in the 21st Century: Some Cautionary Notes
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (7)
    See also Journal Article in Quarterly Review (2017)
15. Worker Betas: Five Facts About Systematic Earnings Risk
    Working Paper Series, Federal Reserve Bank of Chicago View citations (9)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2017) View citations (12)
    Staff Report, Federal Reserve Bank of Minneapolis (2017) View citations (9)
    See also Journal Article in American Economic Review (2017)

2016

16. A Parsimonious Income Process for Business Cycle Analysis
    2016 Meeting Papers, Society for Economic Dynamics View citations (1)
17. Asymmetric Business Cycle Risk and Government Policy
    2016 Meeting Papers, Society for Economic Dynamics View citations (5)

2015

18. Higher-Order Income Risk and Social Insurance Policy Over the Business Cycle
    2015 Meeting Papers, Society for Economic Dynamics View citations (3)
19. Occupational Switching and Self-Discovery in the Labor Market
    2015 Meeting Papers, Society for Economic Dynamics View citations (3)
20. What Do Data on Millions of U.S. Workers Reveal about Life-Cycle Earnings Dynamics?
    Staff Reports, Federal Reserve Bank of New York View citations (47)
21. What Do Data on Millions of U.S. Workers Reveal about Life-Cycle Earnings Risk?
    2015 Meeting Papers, Society for Economic Dynamics View citations (60)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2015) View citations (36)
    Working Papers, Federal Reserve Bank of Minneapolis (2015) View citations (35)

2014

22. Evolution of Inequality within Firms
    2014 Meeting Papers, Society for Economic Dynamics
23. How Risky Are Recessions for Top Earners?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (14)
    See also Journal Article in American Economic Review (2014)
24. Online Appendix to "Women's Emancipation through Education: A Macroeconomic Analysis"
    Online Appendices, Review of Economic Dynamics
    See also Journal Article in Review of Economic Dynamics (2015)
25. The Distribution of Lifetime Incomes in the United States
    2014 Meeting Papers, Society for Economic Dynamics
26. The Glass Ceiling and The Paper Floor: Gender Differences among Top Earners, 1981-2012
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (32)
    Also in Working Papers, Federal Reserve Bank of Minneapolis (2014) View citations (31)
    See also Chapter (2020)

2013

27. Efficiency Gains from Wealth Taxation
    2013 Meeting Papers, Society for Economic Dynamics
28. Inferring labor income risk and partial insurance from economic choices
    Staff Report, Federal Reserve Bank of Minneapolis View citations (3)
    See also Journal Article in Econometrica (2014)
29. Taxation of human capital and wage inequality: a cross-country analysis
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (43)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2009) View citations (12)
    Staff Report, Federal Reserve Bank of Minneapolis (2009) View citations (25)
    IFS Working Papers, Institute for Fiscal Studies (2009) View citations (38)
    See also Journal Article in Review of Economic Studies (2014)
30. The nature of countercyclical income risk
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (15)
    Also in Staff Report, Federal Reserve Bank of Minneapolis (2012) View citations (5)
    NBER Working Papers, National Bureau of Economic Research, Inc (2012) View citations (22)
    See also Journal Article in Journal of Political Economy (2014)
31. What Do Data on Millions of U.S. Workers Say About Labor Income Risk?
    2013 Meeting Papers, Society for Economic Dynamics View citations (10)
32. What Do Data on Millions of U.S. Workers Say About Life Cycle Income Risk?
    Working Papers, University of Michigan, Michigan Retirement Research Center View citations (6)
33. Women's Emancipation Through Education: A Macroeconomic Analysis
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
    Also in Working Papers, Federal Reserve Bank of Minneapolis (2013) View citations (5)
    2009 Meeting Papers, Society for Economic Dynamics (2009)
    See also Journal Article in Review of Economic Dynamics (2015)

2012

34. Emancipation Through Education
    2012 Meeting Papers, Society for Economic Dynamics View citations (2)

2011

35. Macroeconomics With Heterogeneity: A Practical Guide
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (16)
    See also Journal Article in Economic Quarterly (2011)

2010

36. Inferring Labor Income Risk from Economic Choices: An Indirect Inference Approach
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (18)
    Also in Staff Report, Federal Reserve Bank of Minneapolis (2010) View citations (38)
    2007 Meeting Papers, Society for Economic Dynamics (2007) View citations (3)

2009

37. A Parsimonious Macroeconomic Model for Asset Pricing
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (161)
    Also in Staff Report, Federal Reserve Bank of Minneapolis (2009) View citations (180)
    See also Journal Article in Econometrica (2009)
38. A quantitative analysis of the evolution of the U.S. wage distribution, 1970-2000
    Staff Report, Federal Reserve Bank of Minneapolis View citations (20)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2007) View citations (3)
    See also Chapter (2010)
39. Joint-Search Theory: New Opportunities and New Frictions
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
    Also in 2008 Meeting Papers, Society for Economic Dynamics (2008)
    Staff Report, Federal Reserve Bank of Minneapolis (2009) View citations (31)
    See also Journal Article in Journal of Monetary Economics (2012)
40. Taxation of Human Capital and Cross-Country Trends in Wage Inequality
    2009 Meeting Papers, Society for Economic Dynamics View citations (3)

2007

41. An Empirical Investigation of Labor Income Processes
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (15)
    Also in Macroeconomics, University Library of Munich, Germany (2005) View citations (20)
    IFS Working Papers, Institute for Fiscal Studies (2007) View citations (31)
    See also Journal Article in Review of Economic Dynamics (2009)
42. Joint Search: New Opportunities and New Frictions
    2007 Meeting Papers, Society for Economic Dynamics
43. Understanding the Evolution of the U.S. Wage Distribution: A Theoretical Analysis
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
    See also Journal Article in Journal of the European Economic Association (2012)

2006

44. Ben-Porath meets skill-biased technical change: a theoretical analysis of rising inequality
    Discussion Paper / Institute for Empirical Macroeconomics, Federal Reserve Bank of Minneapolis View citations (2)
45. Learning your earning: are labor income shocks really very persistent?
    Discussion Paper / Institute for Empirical Macroeconomics, Federal Reserve Bank of Minneapolis View citations (14)
    Also in Macroeconomics, University Library of Munich, Germany (2005) View citations (26)
    See also Journal Article in American Economic Review (2007)
46. Understanding Wage Inequality: Ben-Porath Meets Skill-Biased Technical Change
    2006 Meeting Papers, Society for Economic Dynamics View citations (5)
47. What Do Labor and Consumption Data Jointly Tell About Labor Income Risk?
    2006 Meeting Papers, Society for Economic Dynamics View citations (1)

2005

48. A Parsimonious Macroeconomic Model for Asset Pricing: Habit Formation of Cross-sectional Heterogeneity?
    Finance, University Library of Munich, Germany View citations (4)
    Also in RCER Working Papers, University of Rochester - Center for Economic Research (RCER) (2003) View citations (33)
49. Do Stockholders Share Risk More Effectively Than Non- stockholders?
    Macroeconomics, University Library of Munich, Germany
    See also Journal Article in The Review of Economics and Statistics (2007)
50. Firm Volatility and Wage Inequality
    2005 Meeting Papers, Society for Economic Dynamics View citations (6)
51. Reconciling Conflicting Evidence on the Elasticity of Intertemporal Substitution: A Macroeconomic Perspective
    Macroeconomics, University Library of Munich, Germany View citations (18)
    Also in RCER Working Papers, University of Rochester - Center for Economic Research (RCER) (2003) View citations (4)
    See also Journal Article in Journal of Monetary Economics (2006)
52. Understanding Consumption Inequality and Income Inequality: A Human Capital Approach
    2005 Meeting Papers, Society for Economic Dynamics View citations (1)

2004

53. Learning your Earning: Are Labor Income Shocks Really That Persistent?
    2004 Meeting Papers, Society for Economic Dynamics View citations (8)

2003

54. Does Stockholding Provide Perfect Risk Sharing?
    RCER Working Papers, University of Rochester - Center for Economic Research (RCER) View citations (2)
    Also in GSIA Working Papers, Carnegie Mellon University, Tepper School of Business (2000) View citations (1)

2000

55. Mismeasurement of the Elasticity of Intertemporal Substitution:The Role of Limited Stock Market Participation
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business View citations (4)
    Also in GSIA Working Papers, Carnegie Mellon University, Tepper School of Business (2000) View citations (4)
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business (2000) View citations (8)
56. Reconciling Conflicting Evidence on the Elasticity of Intertemporal Substitution
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business View citations (1)

Journal Articles

2019

1. Firming Up Inequality
   The Quarterly Journal of Economics, 2019, 134, (1), 1-50 View citations (36)
   See also Working Paper (2018)

2018

2. The Disappearing Large-Firm Wage Premium
   AEA Papers and Proceedings, 2018, 108, 317-22 View citations (5)

2017

3. Heterogeneous Scarring Effects of Full-Year Nonemployment
   American Economic Review, 2017, 107, (5), 369-73 View citations (5)
4. Top Income Inequality in the 21st Century: Some Cautionary Notes
   Quarterly Review, 2017, (October), 2-15 View citations (8)
   See also Working Paper (2017)
5. Worker Betas: Five Facts about Systematic Earnings Risk
   American Economic Review, 2017, 107, (5), 398-403 View citations (9)
   See also Working Paper (2017)

2015

6. Comment
   NBER Macroeconomics Annual, 2015, 29, (1), 425 - 441
7. The Research Agenda: Fatih Guvenen on Findings from Big Data on Income Inequality and Income Uncertainty
   EconomicDynamics Newsletter, 2015, 16, (1)
8. Women's Emancipation through Education: A Macroeconomic Analysis
   Review of Economic Dynamics, 2015, 18, (4), 931-956 View citations (21)
   See also Software Item (2014)
   Working Paper (2013)
   Working Paper (2014)

2014

9. How Risky Are Recessions for Top Earners?
   American Economic Review, 2014, 104, (5), 148-53 View citations (14)
   See also Working Paper (2014)
10. Inferring Labor Income Risk and Partial Insurance From Economic Choices
    Econometrica, 2014, 82, 2085-2129 View citations (58)
    See also Working Paper (2013)
11. Taxation of Human Capital and Wage Inequality: A Cross-Country Analysis
    Review of Economic Studies, 2014, 81, (2), 818-850 View citations (28)
    See also Working Paper (2013)
12. The Nature of Countercyclical Income Risk
    Journal of Political Economy, 2014, 122, (3), 621 - 660 View citations (104)
    See also Working Paper (2013)

2012

13. Joint-search theory: New opportunities and new frictions
    Journal of Monetary Economics, 2012, 59, (4), 352-369 View citations (54)
    See also Working Paper (2009)
14. UNDERSTANDING THE EVOLUTION OF THE US WAGE DISTRIBUTION: A THEORETICAL ANALYSIS
    Journal of the European Economic Association, 2012, 10, (3), 482-517 View citations (14)
    See also Working Paper (2007)

2011

15. Macroeconomics with hetereogeneity: a practical guide
    Economic Quarterly, 2011, 97, (3Q), 255-326 View citations (14)
    See also Working Paper (2011)

2009

16. A Parsimonious Macroeconomic Model for Asset Pricing
    Econometrica, 2009, 77, (6), 1711-1750 View citations (163)
    See also Working Paper (2009)
17. An Empirical Investigation of Labor Income Processes
    Review of Economic Dynamics, 2009, 12, (1), 58-79 View citations (237)
    See also Software Item (2008)
    Working Paper (2007)

2007

18. Do Stockholders Share Risk More Effectively than Nonstockholders?
    The Review of Economics and Statistics, 2007, 89, (2), 275-288 View citations (16)
    See also Working Paper (2005)
19. Learning Your Earning: Are Labor Income Shocks Really Very Persistent?
    American Economic Review, 2007, 97, (3), 687-712 View citations (205)
    See also Working Paper (2006)

2006

20. Does Market Incompleteness Matter for Asset Prices?
    Journal of the European Economic Association, 2006, 4, (2-3), 484-492 View citations (11)
21. Reconciling conflicting evidence on the elasticity of intertemporal substitution: A macroeconomic perspective
    Journal of Monetary Economics, 2006, 53, (7), 1451-1472 View citations (252)
    See also Working Paper (2005)

Chapters

2020

1. The Glass Ceiling and the Paper Floor: Gender Differences among Top Earners, 1981–2012
   A chapter in NBER Macroeconomics Annual 2020, volume 35, 2020
   See also Working Paper (2014)

2015

2. Management Practices, Workforce Selection, and Productivity
   A chapter in Firms and the Distribution of Income: The Roles of Productivity and Luck, 2015 View citations (6)

2014

3. Comment on "Labor Market Polarization over the Business Cycle"
   A chapter in NBER Macroeconomics Annual 2014, Volume 29, 2014, pp 425-441

2010

4. A Quantitative Analysis of the Evolution of the U.S. Wage Distribution, 1970-2000
   A chapter in NBER Macroeconomics Annual 2009, Volume 24, 2010, pp 227-276 View citations (3)
   See also Working Paper (2009)

Software Items

2014

1. Code and data files for "Women's Emancipation through Education: A Macroeconomic Analysis"
   Computer Codes, Review of Economic Dynamics
   See also Journal Article in Review of Economic Dynamics (2015)

2008

2. Code and data files for "An Empirical Investigation of Labor Income Processes"
   Computer Codes, Review of Economic Dynamics
   See also Journal Article in Review of Economic Dynamics (2009)