Details about Dirk Krueger

E-mail:
Homepage:	http://web.sas.upenn.edu/dkrueger/
Phone:	12158986691
Postal address:	Department of Economics University of Pennsylvania 3718 Locust Walk Philadelphia, PA 19104 USA
Workplace:	Department of Economics, University of Pennsylvania, (more information at EDIRC)

Access statistics for papers by Dirk Krueger.

Last updated 2024-09-05. Update your information in the RePEc Author Service.

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Working Papers

2025

1. Taxes on Lifetime Income: A Good Idea?
   NBER Working Papers, National Bureau of Economic Research, Inc

2024

2. Neoclassical Growth Transition Dynamics with One-Sided Commitment
   NBER Working Papers, National Bureau of Economic Research, Inc
3. Neoclassical Growth with Limited Commitment
   PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania View citations (1)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2022)
4. Shaping Inequality and Intergenerational Persistence of Poverty: Free College or Better Schools
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
   Also in ICIR Working Paper Series, Goethe University Frankfurt, International Center for Insurance Regulation (ICIR) (2024) View citations (3)

2023

5. How Do Households Respond to Income Shocks?
   Staff Report, Federal Reserve Bank of Minneapolis View citations (1)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2023) View citations (1)
6. Neoclassical growth with long-term one-sided commitment contracts
   CFS Working Paper Series, Center for Financial Studies (CFS)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2022) View citations (2)
7. One-Sided Limited Commitment and Aggregate Risk
   NBER Working Papers, National Bureau of Economic Research, Inc
8. Trust in risk sharing: A double-edged sword
   CFS Working Paper Series, Center for Financial Studies (CFS)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020) View citations (1)
   NBER Working Papers, National Bureau of Economic Research, Inc (2020)
   See also Journal Article Trust in Risk Sharing: A Double-Edged Sword, The Review of Economic Studies, Review of Economic Studies Ltd (2024) View citations (1) (2024)

2022

9. Optimal Age-Based Vaccination and Economic Mitigation Policies for the Second Phase of the Covid-19 Pandemic
   Staff Report, Federal Reserve Bank of Minneapolis View citations (7)
   Also in Research Working Paper, Federal Reserve Bank of Kansas City (2021) View citations (4)
   See also Journal Article Optimal age-Based vaccination and economic mitigation policies for the second phase of the covid-19 pandemic, Journal of Economic Dynamics and Control, Elsevier (2022) View citations (10) (2022)

2021

10. Macroeconomic Dynamics and Reallocation in an Epidemic: Evaluating the "Swedish Solution"
    ECONtribute Discussion Papers Series, University of Bonn and University of Cologne, Germany View citations (2)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2020) View citations (140)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020) View citations (143)
    See also Journal Article Macroeconomic dynamics and reallocation in an epidemic: evaluating the ‘Swedish solution’, Economic Policy, CEPR, CESifo, Sciences Po (2022) View citations (9) (2022)
11. Optimal taxes on capital in the OLG model with uninsurable idiosyncratic income risk
    ICIR Working Paper Series, Goethe University Frankfurt, International Center for Insurance Regulation (ICIR) View citations (13)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2018) View citations (19)
    SAFE Working Paper Series, Leibniz Institute for Financial Research SAFE (2019) View citations (8)
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2018) View citations (20)
    ZEW Discussion Papers, ZEW - Leibniz Centre for European Economic Research (2018) View citations (16)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2018) View citations (19)
    MEA discussion paper series, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy (2018) View citations (16)
    See also Journal Article Optimal taxes on capital in the OLG model with uninsurable idiosyncratic income risk, Journal of Public Economics, Elsevier (2021) View citations (10) (2021)
12. Social Capital: A Double-Edged Sword
    ECONtribute Discussion Papers Series, University of Bonn and University of Cologne, Germany
13. The A?ordable Care Act After a Decade:Its Impact on the Labor Market and the Macro Economy
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania View citations (2)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2021) View citations (3)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2021)
    See also Journal Article The Affordable Care Act After a Decade: Its Impact on the Labor Market and the Macro Economy, Annual Review of Economics, Annual Reviews (2022) View citations (2) (2022)
14. The Fiscal and Welfare Effects of Policy Responses to the Covid-19 School Closures
    Working Papers, Chair in macroeconomics and forecasting, University of Quebec in Montreal's School of Management View citations (2)
    Also in ICIR Working Paper Series, Goethe University Frankfurt, International Center for Insurance Regulation (ICIR) (2021) View citations (15)
    CIRANO Working Papers, CIRANO (2021) View citations (12)
    NBER Working Papers, National Bureau of Economic Research, Inc (2021) View citations (16)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2021)
    See also Journal Article The Fiscal and Welfare Effects of Policy Responses to the Covid-19 School Closures, IMF Economic Review, Palgrave Macmillan (2023) View citations (6) (2023)
15. The long-term distributional and welfare effects of Covid-19 school closures
    ICIR Working Paper Series, Goethe University Frankfurt, International Center for Insurance Regulation (ICIR) View citations (7)
    Also in Working Papers, Human Capital and Economic Opportunity Working Group (2020) View citations (40)
    SAFE Working Paper Series, Leibniz Institute for Financial Research SAFE (2020) View citations (41)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020) View citations (40)
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2020)
    ZEW Discussion Papers, ZEW - Leibniz Centre for European Economic Research (2020) View citations (40)
    NBER Working Papers, National Bureau of Economic Research, Inc (2020) View citations (43)
    See also Journal Article The Long-Term Distributional and Welfare Effects of Covid-19 School Closures, The Economic Journal, Royal Economic Society (2022) View citations (23) (2022)

2020

16. Health versus Wealth: On the Distributional Effects of Controlling a Pandemic
    Staff Report, Federal Reserve Bank of Minneapolis View citations (142)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020) View citations (245)
    NBER Working Papers, National Bureau of Economic Research, Inc (2020) View citations (241)
    Working Papers, Human Capital and Economic Opportunity Working Group (2020) View citations (236)
    Research Working Paper, Federal Reserve Bank of Kansas City (2020) View citations (160)
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2020) View citations (242)
    See also Journal Article Health versus wealth: On the distributional effects of controlling a pandemic, Journal of Monetary Economics, Elsevier (2023) View citations (8) (2023)
17. Macroeconomic Dynamics and Reallocation in an Epidemic
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania View citations (219)
18. On the Welfare Cost of Consumption Fluctuations in the Presence of Memorable Goods
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania View citations (6)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2013) View citations (8)
    CFS Working Paper Series, Center for Financial Studies (CFS) (2013) View citations (9)
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2013) View citations (5)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2013) View citations (9)
    See also Journal Article On the welfare cost of consumption fluctuations in the presence of memorable goods, Quantitative Economics, Econometric Society (2020) View citations (6) (2020)
19. Should Germany Have Built a New Wall? Macroeconomic Lessons from the 2015-18 Refugee Wave
    Working Papers, Barcelona School of Economics View citations (18)
    Also in Working Papers, Human Capital and Economic Opportunity Working Group (2020) View citations (18)
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2020) View citations (17)
    NBER Working Papers, National Bureau of Economic Research, Inc (2020) View citations (18)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020) View citations (18)
    See also Journal Article Should Germany have built a new wall? Macroeconomic lessons from the 2015-18 refugee wave, Journal of Monetary Economics, Elsevier (2020) View citations (18) (2020)

2019

20. Consumption Insurance Against Wage Risk: Family Labor Supply and Optimal Progressive Income Taxation
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (15)
    Also in Working Papers, Human Capital and Economic Opportunity Working Group (2019) View citations (15)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2019) View citations (15)
    See also Journal Article Consumption Insurance against Wage Risk: Family Labor Supply and Optimal Progressive Income Taxation, American Economic Journal: Macroeconomics, American Economic Association (2021) View citations (38) (2021)
21. How Much Consumption Insurance in Bewley Models with Endogenous Family Labor Supply?
    2019 Meeting Papers, Society for Economic Dynamics
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2018) View citations (9)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2018) View citations (9)

2017

22. An Endogenous Growth Model with a Health Sector
    2017 Meeting Papers, Society for Economic Dynamics View citations (1)

2016

23. Fragile Financial Coalitions: the interaction between real returns and social capital
    2016 Meeting Papers, Society for Economic Dynamics
24. Macroeconomics and Household Heterogeneity
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (205)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2016) View citations (208)
    Staff Report, Federal Reserve Bank of Minneapolis (2016) View citations (64)
    See also Chapter Macroeconomics and Household Heterogeneity, Handbook of Macroeconomics, Elsevier (2016) View citations (205) (2016)
25. On the Distribution of the Welfare Losses of Large Recessions
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (28)
    Also in 2016 Meeting Papers, Society for Economic Dynamics (2016) View citations (29)
    Staff Report, Federal Reserve Bank of Minneapolis (2016) View citations (12)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2016) View citations (32)
26. Precautionary Savings and Pecuniary Externalities: Analytical Results for Optimal Capital Income Taxation
    2016 Meeting Papers, Society for Economic Dynamics

2015

27. On the Optimal Progressivity of the Income Tax Code
    Working Papers, Barcelona School of Economics View citations (4)
    Also in CFS Working Paper Series, Center for Financial Studies (CFS) (2005) View citations (20)
    NBER Working Papers, National Bureau of Economic Research, Inc (2005) View citations (20)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2005) View citations (20)
    Centro de Alti­simos Estudios Ri­os Pe©rez(CAERP), Centro de Altisimos Estudios Rios Perez (CAERP) (2002)
    See also Journal Article On the optimal progressivity of the income tax code, Journal of Monetary Economics, Elsevier (2006) View citations (212) (2006)
28. On the Optimal Provision of Social Insurance: Progressive Taxation versus Education Subsidies in General Equilibrium
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2015) View citations (2)
    See also Journal Article On the optimal provision of social insurance: Progressive taxation versus education subsidies in general equilibrium, Journal of Monetary Economics, Elsevier (2016) View citations (106) (2016)
29. On the Welfare Cost of Consumption Fluctuations in the Presence of Memorable Goods, Second Version
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania View citations (1)
    Also in PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2014) View citations (3)
30. On the optimal provision of social insurance
    SAFE Working Paper Series, Leibniz Institute for Financial Research SAFE View citations (3)
    Also in SAFE Working Paper Series, Leibniz Institute for Financial Research SAFE (2015) View citations (3)
    MEA discussion paper series, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy (2013)
31. Optimal Capital and Progressive Labor Income Taxation with Endogenous Schooling Decisions and Intergenerational Transfers
    2015 Meeting Papers, Society for Economic Dynamics View citations (3)

2014

32. Analyzing the Effects of Insuring Health Risks: On the Trade-off between Short Run Insurance Benefits vs. Long Run Incentive Costs
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania View citations (9)
    Also in PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2012) View citations (3)
    NBER Working Papers, National Bureau of Economic Research, Inc (2012) View citations (3)
    CFS Working Paper Series, Center for Financial Studies (CFS) (2012) View citations (2)
33. High Marginal Tax Rates on the Top 1%? Lessons from a Life Cycle Model with Idiosyncratic Income Risk
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (73)
    Also in PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2014) View citations (57)
    NBER Working Papers, National Bureau of Economic Research, Inc (2014) View citations (58)
34. High marginal tax rates on the top 1%?
    CFS Working Paper Series, Center for Financial Studies (CFS) View citations (64)
35. How Does Tax Progressivity and Household Heterogeneity Affect Laffer Curves?
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania View citations (33)
    Also in CFS Working Paper Series, Center for Financial Studies (CFS) (2014) View citations (32)
    NBER Working Papers, National Bureau of Economic Research, Inc (2014) View citations (36)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2014) View citations (28)
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2014) View citations (36)
    See also Journal Article How do tax progressivity and household heterogeneity affect Laffer curves?, Quantitative Economics, Econometric Society (2019) View citations (85) (2019)
36. Intergenerational Redistribution in the Great Recession
    Staff Report, Federal Reserve Bank of Minneapolis View citations (10)
    Also in Working Papers, Federal Reserve Bank of Minneapolis (2011) View citations (40)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2011) View citations (28)
    NBER Working Papers, National Bureau of Economic Research, Inc (2011) View citations (33)
    2011 Meeting Papers, Society for Economic Dynamics (2011) View citations (26)
    See also Journal Article Intergenerational Redistribution in the Great Recession, Journal of Political Economy, University of Chicago Press (2020) View citations (23) (2020)
37. The Redistributive Benefits of Progressive Labor and Capital Income Taxation
    2014 Meeting Papers, Society for Economic Dynamics View citations (8)

2013

38. Optimal Progressive Taxation and Education Subsidies in a Model of Endogenous Human Capital Formation
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania View citations (25)
    Also in Working Paper Series in Economics, University of Cologne, Department of Economics (2013) View citations (26)
    2010 Meeting Papers, Society for Economic Dynamics (2010)

2012

39. Analyzing the Effects of Insuring Away Health Risks
    2012 Meeting Papers, Society for Economic Dynamics View citations (1)
40. Analyzing the Effects of Insuring Health Risks: On the Trade-off between Short Run Insurance Benefits vs. Long Run Incentive Co
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (3)
41. Housing and the Macroeconomy: The Role of Bailout Guarantees for Government Sponsored Enterprises
    2012 Meeting Papers, Society for Economic Dynamics View citations (3)
    Also in PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2011) View citations (21)
    NBER Working Papers, National Bureau of Economic Research, Inc (2011) View citations (15)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2011) View citations (11)

2010

42. A Dynamic Model of Housing Demand: Estimation and Policy Implications
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (28)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2010) View citations (13)
    See also Journal Article A DYNAMIC MODEL OF HOUSING DEMAND: ESTIMATION AND POLICY IMPLICATIONS, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (2013) View citations (67) (2013)
43. Public versus Private Risk Sharing
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (11)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2009) View citations (5)
    See also Journal Article Public versus private risk sharing, Journal of Economic Theory, Elsevier (2011) View citations (79) (2011)

2009

44. Cross Sectional Facts for Macroeconomists
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2009) View citations (7)
    See also Journal Article Cross Sectional Facts for Macroeconomists, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2010) View citations (161) (2010)
45. How does Household Consumption Respond to Income Shocks?
    2009 Meeting Papers, Society for Economic Dynamics
46. Inequality Trends for Germany in the Last Two Decades: A Tale of Two Countries
    MEA discussion paper series, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy View citations (17)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2009) View citations (16)
    See also Journal Article Inequality Trends for Germany in the Last Two Decades: A Tale of Two Countries, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2010) View citations (199) (2010)

2008

47. How does Household Consumption Respond to Income Shocks? Evidence and Theory
    2008 Meeting Papers, Society for Economic Dynamics View citations (2)

2007

48. Computing Stochastic Dynamic Economic Models with a Large Number of State Variables: A Description and Application of a Smolyak-Collocation Method
    NBER Technical Working Papers, National Bureau of Economic Research, Inc View citations (16)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2007) View citations (14)
49. Demographic Change, Relative Factor Prices, International Capital Flows, and Their Differential Effects on the Welfare of Generations
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (9)
    Also in Papers, Sonderforschungsbreich 504 (2007) View citations (5)
    Sonderforschungsbereich 504 Publications, Sonderforschungsbereich 504, Universität Mannheim (2007) View citations (7)
    See also Chapter Demographic Change, Relative Factor Prices, International Capital Flows, and Their Differential Effects on the Welfare of Generations, NBER Chapters, National Bureau of Economic Research, Inc (2009) View citations (1) (2009)
50. Evaluating Asset Pricing Models with Limited Commitment using Household Consumption Data
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
    Also in CFS Working Paper Series, Center for Financial Studies (CFS) (2006)
    See also Journal Article Evaluating Asset Pricing Models with Limited Commitment Using Household Consumption Data, Journal of the European Economic Association, MIT Press (2008) View citations (13) (2008)
51. On The Distributional Consequences Of Child Labor Legislation
    Working Papers, eSocialSciences
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2004) View citations (1)
    See also Journal Article ON THE DISTRIBUTIONAL CONSEQUENCES OF CHILD LABOR LEGISLATION, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (2005) View citations (34) (2005)
52. Origins and Consequences of Child Labor Restrictions: A Macroeconomic Perspective
    IZA Discussion Papers, Institute of Labor Economics (IZA)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2006) View citations (4)
    NBER Working Papers, National Bureau of Economic Research, Inc (2006) View citations (13)
53. Taxing Capital? Not a Bad Idea After All!
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (15)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2006) View citations (92)
    CFS Working Paper Series, Center for Financial Studies (CFS) (2006) View citations (11)
    2004 Meeting Papers, Society for Economic Dynamics (2004) View citations (10)
    See also Journal Article Taxing Capital? Not a Bad Idea after All!, American Economic Review, American Economic Association (2009) View citations (572) (2009)

2006

54. On the Consequences of Demographic Change for International Capital Flows, Rates of Returns to Capital, and the Distribution of Wealth and Welfare
    2006 Meeting Papers, Society for Economic Dynamics View citations (2)
55. On the Consequences of Demographic Change for Rates of Return to Capital, and the Distribution of Wealth and Welfare
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (12)
    Also in Papers, Sonderforschungsbreich 504 (2006) View citations (17)
    CFS Working Paper Series, Center for Financial Studies (CFS) (2006) View citations (17)
    NBER Working Papers, National Bureau of Economic Research, Inc (2006) View citations (18)
    Sonderforschungsbereich 504 Publications, Sonderforschungsbereich 504, Universität Mannheim (2006) View citations (17)
    MEA discussion paper series, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy (2006) View citations (27)
    See also Journal Article On the consequences of demographic change for rates of returns to capital, and the distribution of wealth and welfare, Journal of Monetary Economics, Elsevier (2007) View citations (289) (2007)
56. The Irrelevance of Market Incompleteness for the Price of Aggregate Risk
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)
57. When is Market Incompleteness Irrelevant for the Price of Aggregate Risk (and when is it not)?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
    See also Journal Article When is market incompleteness irrelevant for the price of aggregate risk (and when is it not)?, Journal of Economic Theory, Elsevier (2010) View citations (65) (2010)

2005

58. Borrowing Constraints, Durables, and the Business Cycle
    2005 Meeting Papers, Society for Economic Dynamics View citations (1)
59. Competitive risk sharing contracts with one-sided commitment
    SFB 649 Discussion Papers, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2003) View citations (4)
    CFS Working Paper Series, Center for Financial Studies (CFS) (2005) View citations (8)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2004) View citations (2)
    Levine's Bibliography, UCLA Department of Economics (2003) View citations (5)
    See also Journal Article Competitive risk sharing contracts with one-sided commitment, Journal of Monetary Economics, Elsevier (2006) View citations (104) (2006)
60. Does income inequality lead to consumption equality? evidence and theory
    Staff Report, Federal Reserve Bank of Minneapolis View citations (28)
    Also in CFS Working Paper Series, Center for Financial Studies (CFS) (2005) View citations (56)
    NBER Working Papers, National Bureau of Economic Research, Inc (2002) View citations (64)
61. Housing and the Macroeconomy: The Role of Implicit Guarantees for Government Sponsored Enterprises
    2005 Meeting Papers, Society for Economic Dynamics View citations (20)
    Also in FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2005) View citations (6)
    2004 Meeting Papers, Society for Economic Dynamics (2004) View citations (5)
62. Pareto Improving Social Security Reform when Financial Markets Are Incomplete
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (23)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2003) View citations (19)
    CFS Working Paper Series, Center for Financial Studies (CFS) (2005) View citations (19)
    See also Journal Article Pareto-Improving Social Security Reform when Financial Markets are Incomplete!?, American Economic Review, American Economic Association (2006) View citations (170) (2006)
63. Private and Public Risk Sharing in Economies with Limited Enforcement
    2005 Meeting Papers, Society for Economic Dynamics View citations (2)

2004

64. Consumption and Saving over the Life Cycle: How Important are Consumer Durables?
    2004 Meeting Papers, Society for Economic Dynamics View citations (73)
    See also Journal Article CONSUMPTION AND SAVING OVER THE LIFE CYCLE: HOW IMPORTANT ARE CONSUMER DURABLES?, Macroeconomic Dynamics, Cambridge University Press (2011) View citations (137) (2011)
65. Consumption over the Life Cycle: Some Facts from Consumer Expenditure Survey Data
    2004 Meeting Papers, Society for Economic Dynamics View citations (29)
    Also in Levine's Working Paper Archive, David K. Levine (2003) View citations (5)
    Centro de Alti­simos Estudios Ri­os Pe©rez(CAERP), Centro de Altisimos Estudios Rios Perez (CAERP) (2002)
66. How do households smooth earnings fluctuations: what can we learn from Consumer Expenditure Data?
    2004 Meeting Papers, Society for Economic Dynamics

2003

67. On the Welfare Consequences of the Increase in Inequality in the United States
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (50)
    See also Chapter On the Welfare Consequences of the Increase in Inequality in the United States, NBER Chapters, National Bureau of Economic Research, Inc (2004) View citations (10) (2004)
68. Skill-specific rather then General Education: A Reason for US-Europe Growth Differences?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
    See also Journal Article Skill-Specific rather than General Education: A Reason for US--Europe Growth Differences?, Journal of Economic Growth, Springer (2004) View citations (160) (2004)
69. US-Europe Differences in Technology-Driven Growth: Quantifying the Role of Education
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
    See also Journal Article US-Europe differences in technology-driven growth: quantifying the role of education, Journal of Monetary Economics, Elsevier (2004) View citations (60) (2004)

2002

70. Consumption over the Life Cycle: Facts from Consumer Expenditure Survey Data
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (34)
    See also Journal Article Consumption over the Life Cycle: Facts from Consumer Expenditure Survey Data, The Review of Economics and Statistics, MIT Press (2007) View citations (264) (2007)
71. Does Income Inequality Lead to Consumption Inequality?
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (59)

2001

72. Intergenerational Risk Sharing: Myth or Possibility
    Computing in Economics and Finance 2001, Society for Computational Economics View citations (2)

1999

73. Risk Sharing: Private Insurance Markets or Redistributive Taxes?
    Working Papers, New York University, Leonard N. Stern School of Business, Department of Economics View citations (25)
    Also in Staff Report, Federal Reserve Bank of Minneapolis (1999) View citations (34)

1998

74. Voiting on social security reform with heterogeneous agents
    Working Papers in Economics, Universitat de Barcelona. Espai de Recerca en Economia View citations (3)

Journal Articles

2024

1. Trust in Risk Sharing: A Double-Edged Sword
   The Review of Economic Studies, 2024, 91, (3), 1448-1497 View citations (1)
   See also Working Paper Trust in risk sharing: A double-edged sword, CFS Working Paper Series (2023) (2023)

2023

2. Health versus wealth: On the distributional effects of controlling a pandemic
   Journal of Monetary Economics, 2023, 140, (C), 34-59 View citations (8)
   See also Working Paper Health versus Wealth: On the Distributional Effects of Controlling a Pandemic, Staff Report (2020) View citations (142) (2020)
3. The Fiscal and Welfare Effects of Policy Responses to the Covid-19 School Closures
   IMF Economic Review, 2023, 71, (1), 35-98 View citations (6)
   See also Working Paper The Fiscal and Welfare Effects of Policy Responses to the Covid-19 School Closures, Working Papers (2021) View citations (2) (2021)

2022

4. High Marginal Tax Rates on the Top 1 Percent? Lessons from a Life-Cycle Model with Idiosyncratic Income Risk
   American Economic Journal: Macroeconomics, 2022, 14, (2), 319-66 View citations (17)
5. Macroeconomic dynamics and reallocation in an epidemic: evaluating the ‘Swedish solution’
   Economic Policy, 2022, 37, (110), 341-398 View citations (9)
   See also Working Paper Macroeconomic Dynamics and Reallocation in an Epidemic: Evaluating the "Swedish Solution", ECONtribute Discussion Papers Series (2021) View citations (2) (2021)
6. Optimal age-Based vaccination and economic mitigation policies for the second phase of the covid-19 pandemic
   Journal of Economic Dynamics and Control, 2022, 140, (C) View citations (10)
   See also Working Paper Optimal Age-Based Vaccination and Economic Mitigation Policies for the Second Phase of the Covid-19 Pandemic, Staff Report (2022) View citations (7) (2022)
7. The Affordable Care Act After a Decade: Its Impact on the Labor Market and the Macro Economy
   Annual Review of Economics, 2022, 14, (1), 453-494 View citations (2)
   See also Working Paper The A?ordable Care Act After a Decade:Its Impact on the Labor Market and the Macro Economy, PIER Working Paper Archive (2021) View citations (2) (2021)
8. The Long-Term Distributional and Welfare Effects of Covid-19 School Closures
   The Economic Journal, 2022, 132, (645), 1647-1683 View citations (23)
   See also Working Paper The long-term distributional and welfare effects of Covid-19 school closures, ICIR Working Paper Series (2021) View citations (7) (2021)

2021

9. Consumption Insurance against Wage Risk: Family Labor Supply and Optimal Progressive Income Taxation
   American Economic Journal: Macroeconomics, 2021, 13, (1), 79-113 View citations (38)
   See also Working Paper Consumption Insurance Against Wage Risk: Family Labor Supply and Optimal Progressive Income Taxation, NBER Working Papers (2019) View citations (15) (2019)
10. Optimal taxes on capital in the OLG model with uninsurable idiosyncratic income risk
    Journal of Public Economics, 2021, 201, (C) View citations (10)
    See also Working Paper Optimal taxes on capital in the OLG model with uninsurable idiosyncratic income risk, ICIR Working Paper Series (2021) View citations (13) (2021)

2020

11. Intergenerational Redistribution in the Great Recession
    Journal of Political Economy, 2020, 128, (10), 3730 - 3778 View citations (23)
    See also Working Paper Intergenerational Redistribution in the Great Recession, Staff Report (2014) View citations (10) (2014)
12. On the welfare cost of consumption fluctuations in the presence of memorable goods
    Quantitative Economics, 2020, 11, (4), 1177-1214 View citations (6)
    See also Working Paper On the Welfare Cost of Consumption Fluctuations in the Presence of Memorable Goods, PIER Working Paper Archive (2020) View citations (6) (2020)
13. Should Germany have built a new wall? Macroeconomic lessons from the 2015-18 refugee wave
    Journal of Monetary Economics, 2020, 113, (C), 28-55 View citations (18)
    See also Working Paper Should Germany Have Built a New Wall? Macroeconomic Lessons from the 2015-18 Refugee Wave, Working Papers (2020) View citations (18) (2020)

2019

14. Analysing the Effects of Insuring Health Risks: On the Trade-off between Short-Run Insurance Benefits versus Long-Run Incentive Costs
    The Review of Economic Studies, 2019, 86, (3), 1123-1169 View citations (12)
15. How do tax progressivity and household heterogeneity affect Laffer curves?
    Quantitative Economics, 2019, 10, (4), 1317-1356 View citations (85)
    See also Working Paper How Does Tax Progressivity and Household Heterogeneity Affect Laffer Curves?, PIER Working Paper Archive (2014) View citations (33) (2014)

2016

16. On the optimal provision of social insurance: Progressive taxation versus education subsidies in general equilibrium
    Journal of Monetary Economics, 2016, 77, (C), 72-98 View citations (106)
    See also Working Paper On the Optimal Provision of Social Insurance: Progressive Taxation versus Education Subsidies in General Equilibrium, NBER Working Papers (2015) View citations (2) (2015)

2013

17. A DYNAMIC MODEL OF HOUSING DEMAND: ESTIMATION AND POLICY IMPLICATIONS
    International Economic Review, 2013, 54, (2), 409-442 View citations (67)
    See also Working Paper A Dynamic Model of Housing Demand: Estimation and Policy Implications, NBER Working Papers (2010) View citations (28) (2010)
18. Housing, mortgage bailout guarantees and the macro economy
    Journal of Monetary Economics, 2013, 60, (8), 917-935 View citations (71)
19. Optimal Progressive Labor Income Taxation and Education Subsidies When Education Decisions and Intergenerational Transfers Are Endogenous
    American Economic Review, 2013, 103, (3), 496-501 View citations (80)

2011

20. CONSUMPTION AND SAVING OVER THE LIFE CYCLE: HOW IMPORTANT ARE CONSUMER DURABLES?
    Macroeconomic Dynamics, 2011, 15, (5), 725-770 View citations (137)
    See also Working Paper Consumption and Saving over the Life Cycle: How Important are Consumer Durables?, 2004 Meeting Papers (2004) View citations (73) (2004)
21. Public versus private risk sharing
    Journal of Economic Theory, 2011, 146, (3), 920-956 View citations (79)
    See also Working Paper Public versus Private Risk Sharing, CEPR Discussion Papers (2010) View citations (11) (2010)
22. Solving the multi-country real business cycle model using a Smolyak-collocation method
    Journal of Economic Dynamics and Control, 2011, 35, (2), 229-239 View citations (58)

2010

23. Cross Sectional Facts for Macroeconomists
    Review of Economic Dynamics, 2010, 13, (1), 1-14 View citations (161)
    See also Working Paper Cross Sectional Facts for Macroeconomists, NBER Working Papers (2009) View citations (6) (2009)
24. Inequality Trends for Germany in the Last Two Decades: A Tale of Two Countries
    Review of Economic Dynamics, 2010, 13, (1), 103-132 View citations (199)
    See also Working Paper Inequality Trends for Germany in the Last Two Decades: A Tale of Two Countries, MEA discussion paper series (2009) View citations (17) (2009)
    Software Item Code and data files for "Inequality Trends for Germany in the Last Two Decades: A Tale of Two Countries", Computer Codes (2009) (2009)
25. When is market incompleteness irrelevant for the price of aggregate risk (and when is it not)?
    Journal of Economic Theory, 2010, 145, (1), 1-41 View citations (65)
    See also Working Paper When is Market Incompleteness Irrelevant for the Price of Aggregate Risk (and when is it not)?, NBER Working Papers (2006) View citations (6) (2006)

2009

26. Taxing Capital? Not a Bad Idea after All!
    American Economic Review, 2009, 99, (1), 25-48 View citations (572)
    See also Working Paper Taxing Capital? Not a Bad Idea After All!, NBER Working Papers (2007) View citations (15) (2007)

2008

27. Evaluating Asset Pricing Models with Limited Commitment Using Household Consumption Data
    Journal of the European Economic Association, 2008, 6, (2-3), 715-726 View citations (13)
    See also Working Paper Evaluating Asset Pricing Models with Limited Commitment using Household Consumption Data, NBER Working Papers (2007) View citations (1) (2007)

2007

28. Consumption over the Life Cycle: Facts from Consumer Expenditure Survey Data
    The Review of Economics and Statistics, 2007, 89, (3), 552-565 View citations (264)
    See also Working Paper Consumption over the Life Cycle: Facts from Consumer Expenditure Survey Data, NBER Working Papers (2002) View citations (34) (2002)
29. On the consequences of demographic change for rates of returns to capital, and the distribution of wealth and welfare
    Journal of Monetary Economics, 2007, 54, (1), 49-87 View citations (289)
    See also Working Paper On the Consequences of Demographic Change for Rates of Return to Capital, and the Distribution of Wealth and Welfare, CEPR Discussion Papers (2006) View citations (12) (2006)

2006

30. Competitive risk sharing contracts with one-sided commitment
    Journal of Monetary Economics, 2006, 53, (7), 1661-1691 View citations (104)
    See also Working Paper Competitive risk sharing contracts with one-sided commitment, SFB 649 Discussion Papers (2005) (2005)
31. Does Income Inequality Lead to Consumption Inequality? Evidence and Theory -super-1
    The Review of Economic Studies, 2006, 73, (1), 163-193 View citations (735)
32. On the optimal progressivity of the income tax code
    Journal of Monetary Economics, 2006, 53, (7), 1425-1450 View citations (212)
    See also Working Paper On the Optimal Progressivity of the Income Tax Code, Working Papers (2015) View citations (4) (2015)
33. Pareto-Improving Social Security Reform when Financial Markets are Incomplete!?
    American Economic Review, 2006, 96, (3), 737-755 View citations (170)
    See also Working Paper Pareto Improving Social Security Reform when Financial Markets Are Incomplete, CEPR Discussion Papers (2005) View citations (23) (2005)
34. Public Insurance against Idiosyncratic and Aggregate Risk: The Case of Social Security and Progressive Income Taxation
    CESifo Economic Studies, 2006, 52, (4), 587-620 View citations (14)

2005

35. ON THE DISTRIBUTIONAL CONSEQUENCES OF CHILD LABOR LEGISLATION
    International Economic Review, 2005, 46, (3), 785-815 View citations (34)
    See also Working Paper On The Distributional Consequences Of Child Labor Legislation, Working Papers (2007) (2007)
36. The Research Agenda: Dirk Krueger and Fabrizio Perri on Risk Sharing across Households, Generations and Countries
    EconomicDynamics Newsletter, 2005, 6, (2)
37. Understanding Consumption Smoothing: Evidence from the U.S. Consumer Expenditure Data
    Journal of the European Economic Association, 2005, 3, (2-3), 340-349 View citations (38)

2004

38. Computing equilibrium in OLG models with stochastic production
    Journal of Economic Dynamics and Control, 2004, 28, (7), 1411-1436 View citations (130)
39. Skill-Specific rather than General Education: A Reason for US--Europe Growth Differences?
    Journal of Economic Growth, 2004, 9, (2), 167-207 View citations (160)
    See also Working Paper Skill-specific rather then General Education: A Reason for US-Europe Growth Differences?, NBER Working Papers (2003) View citations (6) (2003)
40. US-Europe differences in technology-driven growth: quantifying the role of education
    Journal of Monetary Economics, 2004, 51, (1), 161-190 View citations (60)
    See also Working Paper US-Europe Differences in Technology-Driven Growth: Quantifying the Role of Education, NBER Working Papers (2003) View citations (8) (2003)

2002

41. Intergenerational Risk-Sharing via Social Security when Financial Markets Are Incomplete
    American Economic Review, 2002, 92, (2), 407-410 View citations (41)

1999

42. Social Security Reform with Heterogeneous Agents
    Review of Economic Dynamics, 1999, 2, (4), 757-795 View citations (353)

Chapters

2016

1. Macroeconomics and Household Heterogeneity
   Elsevier View citations (205)
   See also Working Paper Macroeconomics and Household Heterogeneity, C.E.P.R. Discussion Papers (2016) View citations (205) (2016)

2009

2. Demographic Change, Relative Factor Prices, International Capital Flows, and Their Differential Effects on the Welfare of Generations
   A chapter in Social Security Policy in a Changing Environment, 2009, pp 385-414 View citations (1)
   See also Working Paper Demographic Change, Relative Factor Prices, International Capital Flows, and Their Differential Effects on the Welfare of Generations, National Bureau of Economic Research, Inc (2007) View citations (9) (2007)

2004

3. On the Welfare Consequences of the Increase in Inequality in the United States
   A chapter in NBER Macroeconomics Annual 2003, Volume 18, 2004, pp 83-138 View citations (10)
   See also Working Paper On the Welfare Consequences of the Increase in Inequality in the United States, National Bureau of Economic Research, Inc (2003) View citations (50) (2003)

Software Items

2009

1. Code and data files for "Inequality Trends for Germany in the Last Two Decades: A Tale of Two Countries"
   Computer Codes, Review of Economic Dynamics
   See also Journal Article Inequality Trends for Germany in the Last Two Decades: A Tale of Two Countries, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2010) View citations (199) (2010)

Editor

1. International Economic Review
   Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association