Details about Marcus Hagedorn

Access statistics for papers by Marcus Hagedorn.

Last updated 2021-10-21. Update your information in the RePEc Author Service.

Short-id: pha949

Working Papers

2021

1. An Equilibrium Theory of Nominal Exchange Rates
   CESifo Working Paper Series, CESifo
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2021)

2020

2. Corona Policy According to HANK
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (9)
3. Differential Fiscal Policy Induced Innovations in Consumer Markets
   Economics Discussion Papers, University of Essex, Department of Economics

2019

4. The Fiscal Multiplier
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (47)
   Also in 2017 Meeting Papers, Society for Economic Dynamics (2017) View citations (17)
   NBER Working Papers, National Bureau of Economic Research, Inc (2019) View citations (46)

2018

5. Forward Guidance
   Working Papers, eSocialSciences
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2018)
   2018 Meeting Papers, Society for Economic Dynamics (2018)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2018)
   See also Journal Article in Journal of Monetary Economics (2019)
6. Prices and Inflation when Government Bonds are Net Wealth
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (14)
7. The Optimum Quantity of Capital and Debt
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (17)
   Also in 2015 Meeting Papers, Society for Economic Dynamics (2015) View citations (12)

2017

8. An Equilibrium Theory of Determinate Nominal Exchange Rates, Current Accounts and Asset Flows
   2017 Meeting Papers, Society for Economic Dynamics
9. Monetary Policy in Incomplete Market Models: Theory and Evidence
   2017 Meeting Papers, Society for Economic Dynamics View citations (5)
10. Search Frictions and Wage Dispersion
    2017 Meeting Papers, Society for Economic Dynamics View citations (3)
    Also in 2011 Meeting Papers, Society for Economic Dynamics (2011) View citations (7)

2016

11. A Demand Theory of the Price Level
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (12)
    Also in 2016 Meeting Papers, Society for Economic Dynamics (2016) View citations (11)
12. Interpreting Recent Quasi-Experimental Evidence on the Effects of Unemployment Benefit Extensions
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (13)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2016) View citations (15)
13. The Impact of Unemployment Benefit Extensions on Employment: The 2014 Employment Miracle?
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (8)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2015) View citations (74)
    2015 Meeting Papers, Society for Economic Dynamics (2015) View citations (74)

2014

14. Identifying Equilibrium Models of Labor Market Sorting
    2014 Meeting Papers, Society for Economic Dynamics View citations (23)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2012) View citations (34)
    See also Journal Article in Econometrica (2017)

2013

15. Unemployment Benefits and Unemployment in the Great Recession: The Role of Equilibrium Effects
    Staff Reports, Federal Reserve Bank of New York View citations (75)
16. Unemployment Benefits and Unemployment in the Great Recession: The Role of Macro Effects
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (147)
    Also in 2013 Meeting Papers, Society for Economic Dynamics (2013) View citations (133)

2011

17. Identifying Technology Shocks in Models with Heterogeneous Inputs
    2011 Meeting Papers, Society for Economic Dynamics View citations (1)

2010

18. The Dynamic Effects of Aggregate Demand and Supply Disturbances in Models with Heterogeneous Inputs
    2010 Meeting Papers, Society for Economic Dynamics View citations (1)

2009

19. Wages over the Business Cycle: Spot Markets?
    2009 Meeting Papers, Society for Economic Dynamics View citations (1)

2008

20. Nominal and real interest rates during an optimal disinflation in New Keynesian models
    Working Paper Series, European Central Bank View citations (1)
    Also in IEW - Working Papers, Institute for Empirical Research in Economics - University of Zurich (2007)
21. Re-interpreting the Evidence on the Effect of Implicit Contracts on the Movement of Wages over the Business Cycle
    2008 Meeting Papers, Society for Economic Dynamics
22. The cyclical behavior of equilibrium unemployment and vacancies revisited
    Working Paper Series, European Central Bank View citations (876)
    Also in 2005 Meeting Papers, Society for Economic Dynamics (2005) View citations (127)
    IEW - Working Papers, Institute for Empirical Research in Economics - University of Zurich (2007) View citations (27)
    See also Journal Article in American Economic Review (2008)

2007

23. A Monetary Model with Strong Liquidity Effects
    IEW - Working Papers, Institute for Empirical Research in Economics - University of Zurich
24. An Adverse Selection Model of Optimal Unemployment Insurance
    IEW - Working Papers, Institute for Empirical Research in Economics - University of Zurich View citations (4)
    Also in IZA Discussion Papers, Institute of Labor Economics (IZA) (2002) View citations (3)
    IEW - Working Papers, Institute for Empirical Research in Economics - University of Zurich View citations (18)
    2004 Meeting Papers, Society for Economic Dynamics (2004)
    ZEI Working Papers, University of Bonn, ZEI - Center for European Integration Studies (2002) View citations (3)
    Computing in Economics and Finance 2004, Society for Computational Economics (2004)
    See also Journal Article in Journal of Economic Dynamics and Control (2010)
25. Optimal Ramsey Tax Cycles
    IEW - Working Papers, Institute for Empirical Research in Economics - University of Zurich View citations (1)

2006

26. Liquidity, Inflation, and Monetary Policy
    2006 Meeting Papers, Society for Economic Dynamics View citations (2)

2004

27. On the Feasibility of Debt Ponzi Schemes - A Bond Portfolio Approach
    Econometric Society 2004 North American Winter Meetings, Econometric Society View citations (8)

2003

28. Contracting with Private Information
    IZA Discussion Papers, Institute of Labor Economics (IZA)

2002

29. Fostering Within-Family Human Capital Investment: An Intragenerational Insurance Perspective of Social Security
    IZA Discussion Papers, Institute of Labor Economics (IZA)
    Also in IEW - Working Papers, Institute for Empirical Research in Economics - University of Zurich View citations (6)
    See also Journal Article in FinanzArchiv: Public Finance Analysis (2006)
30. Langzeitarbeitslosigkeit in Deutschland: Fakten, Ursachen und Bekämpfung
    IZA Discussion Papers, Institute of Labor Economics (IZA)

2001

31. Government Debt as Insurance against Macroeconomic Risk
    IZA Discussion Papers, Institute of Labor Economics (IZA) View citations (6)
32. Welfare Analysis in a Schumpeterian Growth Model with Capital
    IZA Discussion Papers, Institute of Labor Economics (IZA)
    See also Journal Article in Economics Bulletin (2007)

2000

33. Dynamic Efficiency and Pareto Optimality in a Stochastic OLG Model with Production and Social Security
    Bonn Econ Discussion Papers, University of Bonn, Bonn Graduate School of Economics (BGSE) View citations (4)
    Also in IZA Discussion Papers, Institute of Labor Economics (IZA) (2000) View citations (4)

Journal Articles

2019

1. Forward guidance
   Journal of Monetary Economics, 2019, 102, (C), 1-23 View citations (1)
   See also Working Paper (2018)

2017

2. Identifying Equilibrium Models of Labor Market Sorting
   Econometrica, 2017, 85, 29-65 View citations (38)
   See also Working Paper (2014)

2016

3. Taxation and Unemployment in Models with Heterogeneous Workers
   Review of Economic Dynamics, 2016, 19, 161-189 View citations (12)
   See also Software Item (2015)

2014

4. The Research Agenda: Marcus Hagedorn and Iourii Manovskii on Theory Ahead of Identification
   EconomicDynamics Newsletter, 2014, 15, (1)

2013

5. Job Selection and Wages over the Business Cycle
   American Economic Review, 2013, 103, (2), 771-803 View citations (87)

2012

6. Comment
   NBER International Seminar on Macroeconomics, 2012, 8, (1), 236 - 240

2011

7. Optimal disinflation in new Keynesian models
   Journal of Monetary Economics, 2011, 58, (3), 248-261 View citations (3)
8. PRODUCTIVITY AND THE LABOR MARKET: COMOVEMENT OVER THE BUSINESS CYCLE
   International Economic Review, 2011, 52, (3), 603-619 View citations (37)

2010

9. An adverse selection model of optimal unemployment insurance
   Journal of Economic Dynamics and Control, 2010, 34, (3), 490-502 View citations (8)
   See also Working Paper (2007)
10. Ramsey Tax Cycles
    Review of Economic Studies, 2010, 77, (3), 1042-1071 View citations (6)

2009

11. The value of information for auctioneers
    Journal of Economic Theory, 2009, 144, (5), 2197-2208 View citations (7)

2008

12. The Cyclical Behavior of Equilibrium Unemployment and Vacancies Revisited
    American Economic Review, 2008, 98, (4), 1692-1706 View citations (858)
    See also Working Paper (2008)

2007

13. On the interaction between risk sharing and capital accumulation in a stochastic OLG model with production
    Journal of Economic Theory, 2007, 137, (1), 568-579 View citations (9)
14. Welfare Analysis in a Schumpeterian Growth Model with Capital
    Economics Bulletin, 2007, 15, (7), 1-6
    See also Working Paper (2001)

2006

15. A trivariate chi-squared distribution derived from the complex Wishart distribution
    Journal of Multivariate Analysis, 2006, 97, (3), 655-674 View citations (2)
16. Fostering Within-Family Human-Capital Investment: An Intragenerational Insurance Perspective of Social Security
    FinanzArchiv: Public Finance Analysis, 2006, 62, (4), 503-529 View citations (1)
    See also Working Paper (2002)

2004

17. Assessing Aggregate Tests of Efficiency for Dynamic Economies
    The B.E. Journal of Macroeconomics, 2004, 4, (1), 1-17 View citations (23)

Chapters

2011

1. Comment on "The Cyclical Behavior of Equilibrium Unemployment and Vacancies in the U.S. and Europe"
   A chapter in NBER International Seminar on Macroeconomics 2011, 2011, pp 236-240

Software Items

2015

1. Code and data files for "Taxation and Unemployment in Models with Heterogeneous Workers"
   Computer Codes, Review of Economic Dynamics
   See also Journal Article in Review of Economic Dynamics (2016)