Details about Robert Hall
Access statistics for papers by Robert Hall.
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Working Papers
2021
- The Inexorable Recoveries of Unemployment
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (2)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2020) View citations (1)
2020
- Job-Finding and Job-Losing: A Comprehensive Model of Heterogeneous Individual Labor-Market Dynamics
Working Paper Series, Federal Reserve Bank of San Francisco View citations (14)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2019) View citations (25)
- Risk Premium Shocks Can Create Inefficient Recessions
NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
- The Unemployed With Jobs and Without Jobs
NBER Working Papers, National Bureau of Economic Research, Inc View citations (14)
- Trading Off Consumption and COVID-19 Deaths
NBER Working Papers, National Bureau of Economic Research, Inc View citations (105)
See also Journal Article in Quarterly Review (2020)
- Why Has the US Economy Recovered So Consistently from Every Recession in the Past 70 Years?
NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
Also in Working Paper Series, Federal Reserve Bank of San Francisco (2020) View citations (2) Working Paper Series, Federal Reserve Bank of San Francisco (2020) View citations (2)
2019
- Financial Business Cycles
2019 Meeting Papers, Society for Economic Dynamics
2018
- New Evidence on the Markup of Prices over Marginal Costs and the Role of Mega-Firms in the US Economy
NBER Working Papers, National Bureau of Economic Research, Inc View citations (100)
- Using Empirical Marginal Cost to Measure Market Power in the US Economy
NBER Working Papers, National Bureau of Economic Research, Inc View citations (23)
2017
- Changes in Labor Market Participation across the Household Income Distribution
2017 Meeting Papers, Society for Economic Dynamics
- Short-Run and Long-Run Effects of Milton Friedman's Presidential Address
NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
See also Journal Article in Journal of Economic Perspectives (2018)
- The Disappointing Recovery of Output after 2009
NBER Working Papers, National Bureau of Economic Research, Inc View citations (111)
Also in Working Paper Series, Federal Reserve Bank of San Francisco (2017) View citations (48)
See also Journal Article in Brookings Papers on Economic Activity (2017)
- The Slow Recovery in Output after 2009
2017 Meeting Papers, Society for Economic Dynamics View citations (7)
2016
- Achieving Price Stability by Manipulating the Central Bank's Payment on Reserves
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (16)
Also in Economics Working Papers, Hoover Institution, Stanford University (2016) View citations (16) Discussion Papers, Centre for Macroeconomics (CFM) (2016) View citations (18) LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2016) View citations (9) NBER Working Papers, National Bureau of Economic Research, Inc (2016) View citations (16)
- Macroeconomics of Persistent Slumps
NBER Working Papers, National Bureau of Economic Research, Inc View citations (18)
See also Chapter (2016)
- The Role of the Growth of Risk-Averse Wealth in the Decline of the Safe Real Interest Rate
NBER Working Papers, National Bureau of Economic Research, Inc View citations (13)
2015
- Maintaining Central-Bank Financial Stability under New-Style Central Banking
Economics Working Papers, Hoover Institution, Stanford University View citations (72)
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2015) View citations (77) NBER Working Papers, National Bureau of Economic Research, Inc (2015) View citations (70)
- Measuring Job-Finding Rates and Matching Efficiency with Heterogeneous Jobseekers
Working Papers, Federal Reserve Bank of Minneapolis View citations (13)
Also in Economics Working Papers, Hoover Institution, Stanford University (2015) View citations (16) NBER Working Papers, National Bureau of Economic Research, Inc (2015) View citations (21)
See also Journal Article in American Economic Journal: Macroeconomics (2018)
- Wage Dispersion and Search Behavior
IZA Discussion Papers, Institute of Labor Economics (IZA) View citations (11)
Also in Economics Working Papers, Hoover Institution, Stanford University (2015) View citations (14)
- Wage Dispersion and Search Behavior: The Importance of Non-Wage Job Values
NBER Working Papers, National Bureau of Economic Research, Inc View citations (9)
See also Journal Article in Journal of Political Economy (2018)
2014
- High Discounts and High Unemployment
NBER Working Papers, National Bureau of Economic Research, Inc View citations (33)
See also Journal Article in American Economic Review (2017)
- Measuring Matching Efficiency with Heterogeneous Jobseekers
2014 Meeting Papers, Society for Economic Dynamics View citations (20)
- Quantifying the Lasting Harm to the U.S. Economy from the Financial Crisis
NBER Working Papers, National Bureau of Economic Research, Inc View citations (68)
See also Chapter (2014) Journal Article in NBER Macroeconomics Annual (2015)
- Trade With Asymmetric Information
Working Papers Central Bank of Chile, Central Bank of Chile 
See also Chapter (2014)
2013
- Fiscal Stability of High-Debt Nations under Volatile Economic Conditions
NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
See also Journal Article in German Economic Review (2014)
- Viewing Job-Seekers' Reservation Wages and Acceptance Decisions through the Lens of Search Theory
2013 Meeting Papers, Society for Economic Dynamics View citations (1)
2012
- The Cyclical Response of Advertising Refutes Counter-Cyclical Profit Margins in Favor of Product-Market Frictions
NBER Working Papers, National Bureau of Economic Research, Inc View citations (48)
2011
- Clashing Theories of Unemployment
NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
- The Long Slump
NBER Working Papers, National Bureau of Economic Research, Inc View citations (257)
See also Journal Article in American Economic Review (2011)
2010
- Diagnosing Consumer Confusion and Sub-Optimal Shopping Effort: Theory and Mortgage-Market Evidence
NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
See also Journal Article in American Economic Review (2012)
- Evidence on the Determinants of the Choice between Wage Posting and Wage Bargaining
NBER Working Papers, National Bureau of Economic Research, Inc View citations (37)
- Reconsidering the Basic Tenets of Macroeconomics in the Light of the Past Two Years
Annual Meeting Plenary, Society for Economic Dynamics
2009
- By How Much Does GDP Rise if the Government Buys More Output?
NBER Working Papers, National Bureau of Economic Research, Inc View citations (509)
See also Journal Article in Brookings Papers on Economic Activity (2009)
2008
- Equity Depletion from Government-Guaranteed Debt
NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
- General Equilibrium with Customer Relationships: A Dynamic Analysis of Rent-Seeking
2008 Meeting Papers, Society for Economic Dynamics View citations (23)
- The Burden of the Nondiversifiable Risk of Entrepreneurship
NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
See also Journal Article in American Economic Review (2010)
- Wage Formation between Newly Hired Workers and Employers: Survey Evidence
IZA Discussion Papers, Institute of Labor Economics (IZA) View citations (38)
Also in Working Papers, Princeton University, Department of Economics, Industrial Relations Section. (2008) View citations (38) NBER Working Papers, National Bureau of Economic Research, Inc (2008) View citations (38)
2007
- The Incentives to Start New Companies: Evidence from Venture Capital
NBER Working Papers, National Bureau of Economic Research, Inc View citations (19)
- The Limited Influence of Unemployment on the Wage Bargain
Levine's Bibliography, UCLA Department of Economics View citations (13)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2005) View citations (27)
See also Journal Article in American Economic Review (2008)
2005
- Employment Efficiency and Sticky Wages: Evidence from Flows in the Labor Market
NBER Working Papers, National Bureau of Economic Research, Inc View citations (142)
See also Journal Article in The Review of Economics and Statistics (2005)
- Job Loss, Job Finding, and Unemployment in the U.S. Economy Over the Past Fifty Years
NBER Working Papers, National Bureau of Economic Research, Inc View citations (213)
See also Chapter (2006)
- Separating the Business Cycle from Other Economic Fluctuations
NBER Working Papers, National Bureau of Economic Research, Inc View citations (24)
See also Journal Article in Proceedings - Economic Policy Symposium - Jackson Hole (2005)
- The Amplification of Unemployment Fluctuations through Self-Selection
NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
- The Labor Market and Macro Volatility: A Nonstationary General-Equilibrium Analysis
NBER Working Papers, National Bureau of Economic Research, Inc View citations (7)
See also Journal Article in Proceedings (2006)
2004
- Benchmarking the Returns to Venture
NBER Working Papers, National Bureau of Economic Research, Inc View citations (7)
- The Value of Life and the Rise in Health Spending
NBER Working Papers, National Bureau of Economic Research, Inc View citations (25)
See also Journal Article in The Quarterly Journal of Economics (2007)
2003
- Corporate Earnings Track the Competitive Benchmark
NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
- Wage Determination and Employment Fluctuations
NBER Working Papers, National Bureau of Economic Research, Inc View citations (36)
2002
- Industry Dynamics with Adjustment Costs
NBER Working Papers, National Bureau of Economic Research, Inc View citations (24)
1999
- Aggregate Job Destruction and Inventory Liquidation
NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
- Controlling the Price Level
NBER Working Papers, National Bureau of Economic Research, Inc View citations (9)
See also Journal Article in American Journal of Economics and Sociology (2005)
- Reorganization
NBER Working Papers, National Bureau of Economic Research, Inc View citations (10)
See also Journal Article in Carnegie-Rochester Conference Series on Public Policy (2000)
- The Concentration of Job Destruction
NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
- The Stock Market and Capital Accumulation
NBER Working Papers, National Bureau of Economic Research, Inc View citations (21)
See also Journal Article in American Economic Review (2001)
- Why Do Some Countries Produce So Much More Output per Worker than Others?
NBER Working Papers, National Bureau of Economic Research, Inc View citations (4865)
Also in Working Papers, Stanford University, Department of Economics (1998) View citations (50)
See also Journal Article in The Quarterly Journal of Economics (1999)
1998
- Labor-Market Frictions and Employment Fluctuations
NBER Working Papers, National Bureau of Economic Research, Inc View citations (18)
See also Chapter (1999)
1997
- Macroeconomic Fluctuations and the Allocation of Time
NBER Working Papers, National Bureau of Economic Research, Inc View citations (254)
See also Journal Article in Journal of Labor Economics (1997)
1996
- The Productivity of Nations
NBER Working Papers, National Bureau of Economic Research, Inc View citations (123)
Also in Working Papers, Stanford University, Department of Economics View citations (79)
1995
- Productivity and the density of economic activity
Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra View citations (17)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (1993) View citations (626)
See also Journal Article in American Economic Review (1996)
1993
- Nominal Income Targeting
Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research View citations (35)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (1993) View citations (72)
See also Chapter (1994)
1989
- A Framework for studying Monetary Non-Neutrality
NBER Working Papers, National Bureau of Economic Research, Inc
- Bounds on the Variances of Specification Errors in Models with Expectations
NBER Working Papers, National Bureau of Economic Research, Inc View citations (12)
Also in CEPR Publications, Stanford University, Center for Economic Policy Research (1988) View citations (2)
- Invariance Properties of Solow's Productivity Residual
NBER Working Papers, National Bureau of Economic Research, Inc View citations (22)
- Spontaneous Volatility of Output and Investment
NBER Working Papers, National Bureau of Economic Research, Inc
- Temporal Agglomeration
NBER Working Papers, National Bureau of Economic Research, Inc View citations (11)
1988
- A Non-Competitive, Equilibrium Model Of Fluctuations
NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
- Substitution over Time in Work and Consumption
NBER Working Papers, National Bureau of Economic Research, Inc View citations (11)
1987
- Consumption
NBER Working Papers, National Bureau of Economic Research, Inc View citations (62)
- Investment Under Uncertainty: Theory and Tests with Industry Data
NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
1986
- Chronic Excess Capacity in U.S. Industry
NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
- The Relation Between Price and Marginal Cost in U.S. Industry
NBER Working Papers, National Bureau of Economic Research, Inc View citations (326)
See also Journal Article in Journal of Political Economy (1988)
1985
- Real Interest and Consumption
NBER Working Papers, National Bureau of Economic Research, Inc View citations (17)
1984
- The Inefficiency of Marginal-Cost Pricing and The Apparent Rigidity of Prices
NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
- The Role of Consumption in Economic Fluctuations
NBER Working Papers, National Bureau of Economic Research, Inc View citations (21)
See also Chapter (1986)
1982
- The Excess Sensitivity of Layoffs and Quits to Demand
NBER Working Papers, National Bureau of Economic Research, Inc View citations (70)
See also Journal Article in Journal of Labor Economics (1984)
1981
- Intertemporal Substitution in Consumption
NBER Working Papers, National Bureau of Economic Research, Inc View citations (647)
See also Journal Article in Journal of Political Economy (1988)
1980
- The Importance of Lifetime Jobs in the U.S. Economy
NBER Working Papers, National Bureau of Economic Research, Inc 
See also Journal Article in American Economic Review (1982)
- The Sensitivity of Consumption to Transitory Income: Estimates from Panel Data on Households
NBER Working Papers, National Bureau of Economic Research, Inc View citations (185)
See also Journal Article in Econometrica (1982)
1979
- Energy Prices, Inflation, and Recession, 1974-1975
NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
See also Journal Article in The Energy Journal (1980)
- Labor Supply and Aggregate Fluctuations
NBER Working Papers, National Bureau of Economic Research, Inc View citations (32)
See also Journal Article in Carnegie-Rochester Conference Series on Public Policy (1980)
- The Role of Prevailing Prices and Wages in the Efficient Organization of Markets
NBER Working Papers, National Bureau of Economic Research, Inc
1978
- A Theory of the Natural Unemployment Rate and the Duration of Employment
NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
See also Journal Article in Journal of Monetary Economics (1979)
- Efficient Wage Bargains Under Uncertain Supply and Demand
NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
See also Journal Article in American Economic Review (1979)
- The Nature and Measurement of Unemployment
NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
1977
- Fluctuation in Equilibrium Unemployment
NBER Working Papers, National Bureau of Economic Research, Inc 
See also Journal Article in American Economic Review (1988)
1974
- The Probability of Dependence on Public Assistance
Working papers, Massachusetts Institute of Technology (MIT), Department of Economics View citations (1)
1973
- On the Statistical Theory of Unobserved Components
Working papers, Massachusetts Institute of Technology (MIT), Department of Economics View citations (3)
1972
- The Taxations of Earnings Under Public Assistance
Working papers, Massachusetts Institute of Technology (MIT), Department of Economics
1970
- Wages, Income and Hours of Work in the U. S. Labor Force
Working papers, Massachusetts Institute of Technology (MIT), Department of Economics View citations (9)
1968
- The Quantitative Impact of Tax Policy on Investment Expenditures
Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley
1967
- Matrix Operations in Econometrics
Working papers, Massachusetts Institute of Technology (MIT), Department of Economics
- Polynomial Distributed Lags
Working papers, Massachusetts Institute of Technology (MIT), Department of Economics View citations (1)
- The Calculation of Ordinary Least Squares
Working papers, Massachusetts Institute of Technology (MIT), Department of Economics
Undated
- Fundamental Determinants of Output per Worker across Countries
Working Papers, Stanford University, Department of Economics View citations (8)
- Levels of Economic Activity across Countries
Working Papers, Stanford University, Department of Economics View citations (59)
See also Journal Article in American Economic Review (1997)
Journal Articles
2020
- Trading Off Consumption and COVID-19 Deaths
Quarterly Review, 2020, 42, (1), 14 View citations (49)
See also Working Paper (2020)
2019
- Comment
NBER Macroeconomics Annual, 2019, 33, (1), 297 - 302
2018
- Measuring Job-Finding Rates and Matching Efficiency with Heterogeneous Job-Seekers
American Economic Journal: Macroeconomics, 2018, 10, (1), 1-32 View citations (40)
See also Working Paper (2015)
- Short-Run and Long-Run Effects of Milton Friedman's Presidential Address
Journal of Economic Perspectives, 2018, 32, (1), 121-34 View citations (13)
See also Working Paper (2017)
- The Disappointing Recovery in U.S. Output after 2009
FRBSF Economic Letter, 2018
- Wage Dispersion and Search Behavior: The Importance of Nonwage Job Values
Journal of Political Economy, 2018, 126, (4), 1594 - 1637 View citations (33)
See also Working Paper (2015)
2017
- Commentary: Low Interest Rates: Causes and Consequences
International Journal of Central Banking, 2017, 13, (3), 103-117 View citations (5)
- High Discounts and High Unemployment
American Economic Review, 2017, 107, (2), 305-30 View citations (96)
See also Working Paper (2014)
- The Anatomy of Stagnation in a Modern Economy
Economica, 2017, 84, (333), 1-15 View citations (6)
- The Disappointing Recovery of Output after 2009
Brookings Papers on Economic Activity, 2017, 48, (1 (Spring)), 1-81 View citations (125)
See also Working Paper (2017)
2016
- Changes in labor participation and household income
FRBSF Economic Letter, 2016 View citations (9)
- Comment
NBER Macroeconomics Annual, 2016, 30, (1), 502 - 508
- Search-and-Matching Analysis of High Unemployment Caused by the Zero Lower Bound
Review of Economic Dynamics, 2016, 19, 210-217 View citations (2)
2015
- Quantifying the Lasting Harm to the US Economy from the Financial Crisis
NBER Macroeconomics Annual, 2015, 29, (1), 71 - 128 View citations (22)
See also Working Paper (2014) Chapter (2014)
2014
- Fiscal Stability of High-Debt Nations under Volatile Economic Conditions
German Economic Review, 2014, 15, (1), 4-22 View citations (3)
Also in German Economic Review, 2014, 15, (1), 4-22 (2014) View citations (4)
See also Working Paper (2013)
2013
- Financial Frictions
International Journal of Central Banking, 2013, 9, (2), 155-163 View citations (6)
- The routes into and out of the zero lower bound
Proceedings - Economic Policy Symposium - Jackson Hole, 2013, 1-35 View citations (7)
2012
- Diagnosing Consumer Confusion and Sub-optimal Shopping Effort: Theory and Mortgage-Market Evidence
American Economic Review, 2012, 102, (7), 3249-76 View citations (118)
See also Working Paper (2010)
- Evidence on the Incidence of Wage Posting, Wage Bargaining, and On-the-Job Search
American Economic Journal: Macroeconomics, 2012, 4, (4), 56-67 View citations (132)
2011
- The High Sensitivity of Economic Activity to Financial Frictions
Economic Journal, 2011, 121, (552), 351-378 View citations (75)
- The Long Slump
American Economic Review, 2011, 101, (2), 431-69 View citations (261)
See also Working Paper (2011)
2010
- Consumer Confusion in the Mortgage Market: Evidence of Less Than a Perfectly Transparent and Competitive Market
American Economic Review, 2010, 100, (2), 511-15 View citations (36)
- Foreword
American Economic Review, 2010, 100, (2), xi-xii
- The Burden of the Nondiversifiable Risk of Entrepreneurship
American Economic Review, 2010, 100, (3), 1163-94 View citations (92)
See also Working Paper (2008)
- Why Does the Economy Fall to Pieces after a Financial Crisis?
Journal of Economic Perspectives, 2010, 24, (4), 3-20 View citations (92)
2009
- By How Much Does GDP Rise If the Government Buys More Output?
Brookings Papers on Economic Activity, 2009, 40, (2 (Fall)), 183-249 View citations (518)
See also Working Paper (2009)
- Reconciling Cyclical Movements in the Marginal Value of Time and the Marginal Product of Labor
Journal of Political Economy, 2009, 117, (2), 281-323 View citations (195)
2008
- Discussion of "Aggregate implications of indivisible labor, incomplete markets, and labor-market frictions" by Per Krusell, Toshihiko Mukoyama, Richard Rogerson, and Aysegul Sahin
Journal of Monetary Economics, 2008, 55, (5), 980-982 View citations (1)
- The Limited Influence of Unemployment on the Wage Bargain
American Economic Review, 2008, 98, (4), 1653-74 View citations (409)
See also Working Paper (2007)
2007
- Business volatility, job destruction and unemployment - discussion
Proceedings, 2007, (Nov)
- Cyclical movements along the labor supply function
Conference Series ; [Proceedings], 2007, 52 
See also Book (2007)
- How Much Do We Understand about the Modern Recession?
Brookings Papers on Economic Activity, 2007, 38, (2), 13-30 View citations (28)
- In Honor of William Brainard and George Perry
Brookings Papers on Economic Activity, 2007, 38, (2), 7-12
- The Value of Life and the Rise in Health Spending
The Quarterly Journal of Economics, 2007, 122, (1), 39-72 View citations (498)
Also in Proceedings, 2005 (2005) View citations (7)
See also Working Paper (2004)
2006
- The labor market and macro volatility: a nonstationary general-equilibrium analysis
Proceedings, 2006 View citations (9)
See also Working Paper (2005)
2005
- Controlling the Price Level
American Journal of Economics and Sociology, 2005, 64, (1), 93-112 View citations (2)
Also in The B.E. Journal of Macroeconomics, 2002, 2, (1), 1-21 (2002) View citations (22)
See also Working Paper (1999)
- Employment Efficiency and Sticky Wages: Evidence from Flows in the Labor Market
The Review of Economics and Statistics, 2005, 87, (3), 397-407 View citations (136)
See also Working Paper (2005)
- Employment Fluctuations with Equilibrium Wage Stickiness
American Economic Review, 2005, 95, (1), 50-65 View citations (991)
- Separating the business cycle from other economic fluctuations
Proceedings - Economic Policy Symposium - Jackson Hole, 2005, (Aug), 133-179 View citations (13)
See also Working Paper (2005)
2004
- Measuring Factor Adjustment Costs
The Quarterly Journal of Economics, 2004, 119, (3), 899-927 View citations (160)
2003
- Dynamics of corporate earnings
Proceedings, 2003, (Mar) View citations (1)
- Modern Theory of Unemployment Fluctuations: Empirics and Policy Applications
American Economic Review, 2003, 93, (2), 145-150 View citations (40)
2001
- Monetary policy in the information economy: commentary
Proceedings - Economic Policy Symposium - Jackson Hole, 2001, 371-374
- Productivity growth in the 1990s: technology, utilization, or adjustment? A comment
Carnegie-Rochester Conference Series on Public Policy, 2001, 55, (1), 167-169
- Struggling to Understand the Stock Market
American Economic Review, 2001, 91, (2), 1-11 View citations (56)
- The Stock Market and Capital Accumulation
American Economic Review, 2001, 91, (5), 1185-1202 View citations (217)
Also in Proceedings, 2000, (Apr) (2000) View citations (2)
See also Working Paper (1999)
2000
- E-Capital: The Link between the Stock Market and the Labor Market in the 1990s
Brookings Papers on Economic Activity, 2000, 31, (2), 73-118 View citations (58)
- Reorganization
Carnegie-Rochester Conference Series on Public Policy, 2000, 52, (1), 1-22 View citations (13)
See also Working Paper (1999)
- Toward a Quantification of the Effects of Microsoft's Conduct
American Economic Review, 2000, 90, (2), 188-191
1999
- Why do Some Countries Produce So Much More Output Per Worker than Others?
The Quarterly Journal of Economics, 1999, 114, (1), 83-116 View citations (4991)
See also Working Paper (1999)
1998
- Jobless growth: appropriability, factor substitution, and unemployment: A comment
Carnegie-Rochester Conference Series on Public Policy, 1998, 48, (1), 95-99
1997
- Irving Fisher's Self-Stabilizing Money
American Economic Review, 1997, 87, (2), 436-38 View citations (4)
- Levels of Economic Activity across Countries
American Economic Review, 1997, 87, (2), 173-77 View citations (68)
See also Working Paper
- Macroeconomic Fluctuations and the Allocation of Time
Journal of Labor Economics, 1997, 15, (1), S223-50 View citations (269)
See also Working Paper (1997)
- Potential Disruption from the Move to a Consumption Tax
American Economic Review, 1997, 87, (2), 147-50 View citations (5)
1996
- Productivity and the Density of Economic Activity
American Economic Review, 1996, 86, (1), 54-70 View citations (1445)
See also Working Paper (1995)
1995
- Lost Jobs
Brookings Papers on Economic Activity, 1995, 26, (1, 25th Anniversary Issue), 221-274 View citations (25)
1994
- ECONOMICS AND ORGANIZATIONAL INNOVATION
Contemporary Economic Policy, 1994, 12, (2), 1-20
1993
- Macro Theory and the Recession of 1990-1991
American Economic Review, 1993, 83, (2), 275-79 View citations (42)
- The Value and Performance of U.S. Corporations
Brookings Papers on Economic Activity, 1993, 24, (1), 1-50 View citations (32)
1988
- Fluctuations in Equilibrium Unemployment
American Economic Review, 1988, 78, (2), 269-75 View citations (1)
See also Working Paper (1977)
- Intertemporal Substitution in Consumption
Journal of Political Economy, 1988, 96, (2), 339-57 View citations (1326)
See also Working Paper (1981)
- The Relation between Price and Marginal Cost in U.S. Industry
Journal of Political Economy, 1988, 96, (5), 921-47 View citations (942)
See also Working Paper (1986)
1987
- Productivity and the business cycle
Carnegie-Rochester Conference Series on Public Policy, 1987, 27, (1), 421-444 View citations (25)
1986
- Market Structure and Macroeconomic Fluctuations
Brookings Papers on Economic Activity, 1986, 17, (2), 285-338 View citations (288)
1985
- The Route to a Progressive Flat Tax
Cato Journal, 1985, 5, (2), 465-480 View citations (11)
1984
- Monetary strategy with an elastic price standard
Proceedings - Economic Policy Symposium - Jackson Hole, 1984, 137-167 View citations (26)
- The Excess Sensitivity of Layoffs and Quits to Demand
Journal of Labor Economics, 1984, 2, (2), 233-57 View citations (119)
See also Working Paper (1982)
1983
- Is Unemployment a Macroeconomic Problem?
American Economic Review, 1983, 73, (2), 219-22 View citations (8)
- Macroeconomic policy under structural change
Proceedings - Economic Policy Symposium - Jackson Hole, 1983, 85-122 View citations (8)
- Optimal fiduciary monetary systems
Journal of Monetary Economics, 1983, 12, (1), 33-50 View citations (31)
1982
- Monetary Trends in the United States and the United Kingdom: A Review from the Perspective of New Developments in Monetary Economics
Journal of Economic Literature, 1982, 20, (4), 1552-56 View citations (19)
- The Importance of Lifetime Jobs in the U.S. Economy
American Economic Review, 1982, 72, (4), 716-24 View citations (124)
See also Working Paper (1980)
- The Sensitivity of Consumption to Transitory Income: Estimates from Panel Data on Households
Econometrica, 1982, 50, (2), 461-81 View citations (497)
See also Working Paper (1980)
1981
- 'Interpreting economic evidence' by Davidson and Hendry
European Economic Review, 1981, 16, (1), 193-194
- The Reagan economic plan--discussion
Economic Review, 1981, (Fall suppl)
1980
- 'The rational expectations approach to the consumption function: A multi-country study' by Bilson
European Economic Review, 1980, 13, (3), 301-303 View citations (1)
- Arthur M. Okun, 1928-1980
Brookings Papers on Economic Activity, 1980, 11, (1, Tenth Anniversary Issue), 1-5
- Employment Fluctuations and Wage Rigidity
Brookings Papers on Economic Activity, 1980, 11, (1, Tenth Anniversary Issue), 91-142 View citations (56)
- Energy Prices and the U.S.Economy in 1979-1981
The Energy Journal, 1980, Volume 1, (Number 2) View citations (2)
- Energy Prices, Inflation, and Recession, 1974-1975
The Energy Journal, 1980, Volume 1, (Number 3), 31-64 View citations (20)
See also Working Paper (1979)
- Labor supply and aggregate fluctuations
Carnegie-Rochester Conference Series on Public Policy, 1980, 12, (1), 7-33 View citations (74)
See also Working Paper (1979)
- Stabilization Policy and Capital Formation
American Economic Review, 1980, 70, (2), 157-63 View citations (5)
1979
- A theory of the natural unemployment rate and the duration of employment
Journal of Monetary Economics, 1979, 5, (2), 153-169 View citations (91)
See also Working Paper (1978)
- Efficient Wage Bargains under Uncertain Supply and Demand
American Economic Review, 1979, 69, (5), 868-79 View citations (57)
See also Working Paper (1978)
1978
- A comment on the Fetherston and Godley and Posner papers
Carnegie-Rochester Conference Series on Public Policy, 1978, 9, (1), 87-89 View citations (1)
- Stochastic Implications of the Life Cycle-Permanent Income Hypothesis: Theory and Evidence
Journal of Political Economy, 1978, 86, (6), 971-87 View citations (1556)
- The Macroeconomic Impact of Changes in Income Taxes in the Short and Medium Runs
Journal of Political Economy, 1978, 86, (2), S71-85 View citations (4)
See also Chapter (1978)
1977
- Investment, Interest Rates, and the Effects of Stabilization Policies
Brookings Papers on Economic Activity, 1977, 8, (1), 61-122 View citations (33)
- Structural unemployment and the productivity of women: A comment
Carnegie-Rochester Conference Series on Public Policy, 1977, 5, (1), 231-233
1976
- An Approximate Divisia Index of Total Factor Productivity
Econometrica, 1976, 44, (2), 257-63 View citations (20)
- Occupational Mobility and the Distribution of Occupational Success among Young Men
American Economic Review, 1976, 66, (2), 309-15 View citations (3)
- The Phillips curve and macroeconomic policy
Carnegie-Rochester Conference Series on Public Policy, 1976, 1, (1), 127-148 View citations (5)
1975
- The Rigidity of Wages and the Persistence of Unemployment
Brookings Papers on Economic Activity, 1975, 6, (2), 301-350 View citations (33)
1974
- The Process of Inflation in the Labor Market
Brookings Papers on Economic Activity, 1974, 5, (2), 343-410 View citations (19)
1973
- The Effect of Children on the Housewife's Value of Time: Comment
Journal of Political Economy, 1973, 81, (2), S200-01
- The Relative Occupational Success of Blacks and Whites
Brookings Papers on Economic Activity, 1973, 4, (3), 781-798 View citations (2)
- The Specification of Technology with Several Kinds of Output
Journal of Political Economy, 1973, 81, (4), 878-92 View citations (57)
1972
- Turnover in the Labor Force
Brookings Papers on Economic Activity, 1972, 3, (3), 709-764 View citations (71)
1971
- Prospects for Shifting the Phillips Curve through Manpower Policy
Brookings Papers on Economic Activity, 1971, 2, (3), 659-701 View citations (2)
- The Dynamic Effects of Fiscal Policy in an Economy with Foresight
Review of Economic Studies, 1971, 38, (2), 229-244 View citations (36)
- The Market for Professional and Technical Workers
Brookings Papers on Economic Activity, 1971, 2, (1), 213-218
1970
- Recent Increases in Unemployment
Brookings Papers on Economic Activity, 1970, 1, (1), 147-151 View citations (1)
- Why Is the Unemployment Rate So High at Full Employment?
Brookings Papers on Economic Activity, 1970, 1, (3), 369-410 View citations (117)
1969
- Tax Policy and Investment Behavior: Reply and Further Results
American Economic Review, 1969, 59, (3), 388-401 View citations (37)
1968
- Technical Change and Capital from the Point of View of the Dual
Review of Economic Studies, 1968, 35, (1), 35-46 View citations (47)
Books
2010
- Forward-Looking Decision Making: Dynamic Programming Models Applied to Health, Risk, Employment, and Financial Stability
Economics Books, Princeton University Press
2007
- Cyclical movements along the labor supply function
Monograph, Federal Reserve Bank of Boston 
See also Journal Article in Conference Series ; [Proceedings] (2007)
1996
- Fairness and Efficiency in the Flat Tax
Books, American Enterprise Institute View citations (6)
1991
- The Rational Consumer: Theory and Evidence, vol 1
MIT Press Books, The MIT Press View citations (2)
1982
- Inflation: Causes and Effects
NBER Books, National Bureau of Economic Research, Inc View citations (174)
Edited books
2009
- Inflation
National Bureau of Economic Research Books, University of Chicago Press View citations (1)
Chapters
2020
- Comment on "Diverging Trends in National and Local Concentration"
A chapter in NBER Macroeconomics Annual 2020, volume 35, 2020, pp 167-172
2018
- Comment on "The Tail That Keeps the Riskless Rate Low"
A chapter in NBER Macroeconomics Annual 2018, volume 33, 2018, pp 297-302
2016
- Macroeconomics of Persistent Slumps
Elsevier View citations (16)
See also Working Paper (2016)
2015
- Comment on "Declining Desire to Work and Downward Trends in Unemployment and Participation"
A chapter in NBER Macroeconomics Annual 2015, Volume 30, 2015, pp 502-508
2014
- Quantifying the Lasting Harm to the US Economy from the Financial Crisis
A chapter in NBER Macroeconomics Annual 2014, Volume 29, 2014, pp 71-128 View citations (76)
See also Working Paper (2014) Journal Article in NBER Macroeconomics Annual (2015)
- Trade with Asymmetric Information
Chapter 5 in Macroeconomic and Financial Stability: challenges for Monetary Policy, 2014, vol. 19, pp 151-160 
See also Working Paper (2014)
2013
- Comment on "Reference Dependence and Labor Market Fluctuations"
A chapter in NBER Macroeconomics Annual 2013, Volume 28, 2013, pp 201-208
2012
- Comment on "Fiscal Multipliers in Recession and Expansion"
A chapter in Fiscal Policy after the Financial Crisis, 2012, pp 98-102
- How the Financial Crisis Caused Persistent Unemployment
Chapter 4 in Government Policies and the Delayed Economic Recovery, 2012 View citations (1)
- Monitoring the Financial Condition and Expenditures of Households
A chapter in Risk Topography: Systemic Risk and Macro Modeling, 2012, pp 175-182
2010
- Basic Analysis of Forward-Looking Decision Making
A chapter in Forward-Looking Decision Making: Dynamic Programming Models Applied to Health, Risk, Employment, and Financial Stability, 2010 View citations (6)
- Comment on "Adjusted Estimates of Worker Flows and Job Openings in JOLTS"
A chapter in Labor in the New Economy, 2010, pp 216-221 View citations (4)
2009
- Comment on "The Timing of Labor Market Expansions: New Facts and a New Hypothesis"
A chapter in NBER Macroeconomics Annual 2008, Volume 23, 2009, pp 53-58
2006
- Job Loss, Job Finding and Unemployment in the US Economy over the Past Fifty Years
A chapter in NBER Macroeconomics Annual 2005, Volume 20, 2006, pp 101-166 View citations (25)
See also Working Paper (2005)
2005
- Comment on "Shadow Sorting"
A chapter in NBER International Seminar on Macroeconomics 2005, 2005, pp 164-166
- Remarks
A chapter in Measuring Capital in the New Economy, 2005, pp 557-576
1999
- Labor-market frictions and employment fluctuations
Chapter 17 in Handbook of Macroeconomics, 1999, vol. 1, Part B, pp 1137-1170 View citations (46)
See also Working Paper (1998)
1996
- The Effects of Tax Reform on Prices and Asset Values
A chapter in Tax Policy and the Economy, Volume 10, 1996, pp 71-88 View citations (17)
1994
- Nominal Income Targeting
A chapter in Monetary Policy, 1994, pp 71-94 View citations (116)
See also Working Paper (1993)
1991
- Labor Demand, Labor Supply, and Employment Volatility
A chapter in NBER Macroeconomics Annual 1991, Volume 6, 1991, pp 17-62 View citations (77)
1987
- Cyclical fluctuations in the labor market
Chapter 17 in Handbook of Labor Economics, 1987, vol. 2, pp 1001-1035 View citations (2)
1986
- The Role of Consumption in Economic Fluctuations
A chapter in The American Business Cycle: Continuity and Change, 1986, pp 237-266 View citations (64)
See also Working Paper (1984)
1982
- Explorations in the Gold Standard and Related Policies for Stabilizing the Dollar
A chapter in Inflation: Causes and Effects, 1982, pp 111-122 View citations (34)
- Introduction to "Inflation: Causes and Effects"
A chapter in Inflation: Causes and Effects, 1982, pp 1-10 View citations (20)
- The Minimum Wage and Job Turnover in Markets for Young Workers
A chapter in The Youth Labor Market Problem: Its Nature, Causes, and Consequences, 1982, pp 475-498 View citations (5)
1978
- The Macroeconomic Impact of Changes in Income Taxes in the Short and Medium Runs
A chapter in Research in Taxation, 1978, pp 71-85 View citations (4)
See also Journal Article in Journal of Political Economy (1978)
1974
- Estimation and Inference in Nonlinear Structural Models
A chapter in Annals of Economic and Social Measurement, Volume 3, number 4, 1974, pp 653-665 View citations (763)
Software Items
2015
- Code and data files for "Search-and-Matching Analysis of High Unemployment Caused by the Zero Lower Bound"
Computer Codes, Review of Economic Dynamics
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