Details about John Leahy

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Workplace:	Gerald R. Ford School of Public Policy, University of Michigan, (more information at EDIRC) Economics Department, University of Michigan, (more information at EDIRC) National Bureau of Economic Research (NBER), (more information at EDIRC)

Access statistics for papers by John Leahy.

Last updated 2020-10-30. Update your information in the RePEc Author Service.

Short-id: ple189

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Working Papers

2019

1. Demographic Effects on the Impact of Monetary Policy
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (12)
2. Wishful Thinking
   NBER Working Papers, National Bureau of Economic Research, Inc

2018

3. Rational Inattention, Competitive Supply, and Psychometrics
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)

2017

4. Rationally Inattentive Behavior: Characterizing and Generalizing Shannon Entropy
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (26)

2015

5. Social Learning and Selective Attention
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)

2010

6. A Graph Theoretic Approach to Markets for Indivisible Goods
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
   See also Journal Article in Journal of Mathematical Economics (2014)
7. Comparative Statics in Markets for Indivisible Goods
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
   See also Journal Article in Journal of Mathematical Economics (2020)
8. Reassessing FHA Risk
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (7)

2009

9. Matching Micro and Macro Facts in a Model of State-Dependent Pricing
   2009 Meeting Papers, Society for Economic Dynamics

2008

10. Trading Frictions and House Price Dynamics
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (14)
    See also Journal Article in Journal of Money, Credit and Banking (2011)

2006

11. A Phillips Curve with an Ss Foundation
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (31)
    Also in Working Papers, Federal Reserve Bank of Philadelphia (2006) View citations (21)
    See also Journal Article in Journal of Political Economy (2008)

2004

12. Measuring Self-Control
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (28)
13. State-Dependent Pricing and the New Keynesian Phillips Curve
    2004 Meeting Papers, Society for Economic Dynamics
14. The Absent-Minded Consumer
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (27)
    Also in 2004 Meeting Papers, Society for Economic Dynamics (2004) View citations (7)

2002

15. Retirement Consumption: Insights from a Survey
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (23)
    See also Journal Article in The Review of Economics and Statistics (2007)
16. Wealth Accumulation and the Propensity to Plan
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (30)
    See also Journal Article in The Quarterly Journal of Economics (2003)

2001

17. The social discount rate
    Discussion Paper / Institute for Empirical Macroeconomics, Federal Reserve Bank of Minneapolis View citations (11)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2000) View citations (14)
    See also Journal Article in Journal of Political Economy (2004)

2000

18. An sS Model with Adverse Selection
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
    See also Journal Article in Journal of Political Economy (2004)
19. The Timing of Purchases and Aggregate Fluctuations
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (9)
    See also Journal Article in Review of Economic Studies (2005)

1999

20. Durable Goods Cycles
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (7)

1997

21. Psychological Expected Utility Theory and Anticipatory Feelings
    Working Papers, C.V. Starr Center for Applied Economics, New York University View citations (1)
    See also Journal Article in The Quarterly Journal of Economics (2001)

1996

22. Fixed Costs: The Demise of Marginal q
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (75)
    Also in Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research (1996) View citations (69)
23. The International Transmission of Monetary Policy: Evidence from the United States and Canada
    Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research

1995

24. The Effect of Uncertainty on Investment: Some Stylized Facts
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (33)
    See also Journal Article in Journal of Money, Credit and Banking (1996)

1994

25. Mass Layoffs and Unemployment
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
    Also in Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research (1993)
    See also Journal Article in Journal of Monetary Economics (2000)
26. The Economics of Adjustment
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
    Also in Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research (1993)

1993

27. Miracle on Sixth Avenue: Information Externalities and Search
    Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research View citations (2)
    See also Journal Article in Economic Journal (1998)
28. Some Empirical Evidence on the Relationship Between Investment and Uncertainty
    Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research
29. The Connection Between Optimal Stopping Problems and Optimal Control Problems in Discrete Time
    Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research

1992

30. Aggregation and Optimization with State-Dependent Pricing
    Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research View citations (17)
    See also Journal Article in Econometrica (1997)
31. Business as Usual, Market Crashes, and Wisdom after the Fact
    Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research View citations (22)
    See also Journal Article in American Economic Review (1994)
32. Statistical Properties of Regulated Brownian Motion
    Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research

1991

33. Asymetric Information, Adjustment Costs and Market Dynamics
    Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research View citations (1)
34. The Optimality of Myopic Behaviour in a Competitive Model of Entry and Exit
    Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research View citations (6)

Journal Articles

2020

1. Comparative statics in markets for indivisible goods
   Journal of Mathematical Economics, 2020, 90, (C), 80-94
   See also Working Paper (2010)

2019

2. Rational Inattention, Optimal Consideration Sets, and Stochastic Choice
   Review of Economic Studies, 2019, 86, (3), 1061-1094 View citations (18)

2017

3. Comment
   NBER Macroeconomics Annual, 2017, 31, (1), 458 - 464

2014

4. A graph theoretic approach to markets for indivisible goods
   Journal of Mathematical Economics, 2014, 52, (C), 112-122 View citations (7)
   See also Working Paper (2010)

2013

5. Like a Good Neighbor: The Importance of Non-Linearities and Expectations in the Recent Crisis
   International Journal of Central Banking, 2013, 9, (2), 287-293 View citations (1)
6. Report of the Editor: American Economic Journal: Macroeconomics
   American Economic Review, 2013, 103, (3), 727-31

2011

7. A Survey of New Keynesian Theories of Aggregate Supply and Their Relation to Industrial Organization
   Journal of Money, Credit and Banking, 2011, 43, (s1), 87-110
   Also in Journal of Money, Credit and Banking, 2011, 43, 87-110 (2011) View citations (14)
8. Trading Frictions and House Price Dynamics
   Journal of Money, Credit and Banking, 2011, 43, 283-303 View citations (55)
   Also in Journal of Money, Credit and Banking, 2011, 43, (s2), 283-303 (2011) View citations (7)
   See also Working Paper (2008)

2010

9. Economic Theory and the World of Practice: A Celebration of the ( S, s ) Model
   Journal of Economic Perspectives, 2010, 24, (1), 183-202 View citations (22)

2008

10. A Phillips Curve with an Ss Foundation
    Journal of Political Economy, 2008, 116, (3), 533-572 View citations (254)
    See also Working Paper (2006)

2007

11. Discussion of "Baby boomer retirement security" by Annamaria Lusardi and Olivia Mitchell
    Journal of Monetary Economics, 2007, 54, (1), 225-228 View citations (1)
12. Measuring Self-Control Problems
    American Economic Review, 2007, 97, (3), 966-972 View citations (131)
13. Retirement Consumption: Insights from a Survey
    The Review of Economics and Statistics, 2007, 89, (2), 265-274 View citations (27)
    See also Working Paper (2002)

2006

14. Equilibrium in a durable goods market with lumpy adjustment
    Journal of Economic Theory, 2006, 128, (1), 187-213 View citations (8)
15. The recursive approach to time inconsistency
    Journal of Economic Theory, 2006, 131, (1), 134-156 View citations (16)

2005

16. The Timing of Purchases and Aggregate Fluctuations
    Review of Economic Studies, 2005, 72, (4), 1127-1151 View citations (13)
    See also Working Paper (2000)
17. The design of monetary and fiscal policy: a global perspective - comments
    Proceedings, 2005 View citations (3)

2004

18. An sS Model with Adverse Selection
    Journal of Political Economy, 2004, 112, (3), 581-614 View citations (18)
    See also Working Paper (2000)
19. The Social Discount Rate
    Journal of Political Economy, 2004, 112, (6), 1257-1268 View citations (64)
    See also Working Paper (2001)
20. The supply of information by a concerned expert
    Economic Journal, 2004, 114, (497), 487-505 View citations (61)

2003

21. Wealth Accumulation and the Propensity to Plan
    The Quarterly Journal of Economics, 2003, 118, (3), 1007-1047 View citations (219)
    See also Working Paper (2002)

2002

22. Monetary policy and asset prices
    Journal of Monetary Economics, 2002, 49, (1), 75-97 View citations (261)

2001

23. Monetary policy analysis in models without money (commentary)
    Review, 2001, 83, (Jul), 145-164 View citations (3)
24. Psychological Expected Utility Theory and Anticipatory Feelings
    The Quarterly Journal of Economics, 2001, 116, (1), 55-79 View citations (361)
    See also Working Paper (1997)

2000

25. Mass layoffs and unemployment
    Journal of Monetary Economics, 2000, 46, (1), 121-142 View citations (3)
    See also Working Paper (1994)
26. Testing the (S, s) Model
    American Economic Review, 2000, 90, (2), 116-119 View citations (22)

1998

27. Miracle on Sixth Avenue: Information Externalities and Search
    Economic Journal, 1998, 108, (446), 60-74 View citations (54)
    See also Working Paper (1993)

1997

28. Aggregation and Optimization with State-Dependent Pricing
    Econometrica, 1997, 65, (3), 601-626 View citations (91)
    See also Working Paper (1992)
29. The Money Game
    New Economy, 1997, 4, (1), 26-29

1996

30. Monetary Policy as a Process of Search
    American Economic Review, 1996, 86, (4), 689-702 View citations (53)
31. The Effect of Uncertainty on Investment: Some Stylized Facts
    Journal of Money, Credit and Banking, 1996, 28, (1), 64-83 View citations (369)
    See also Working Paper (1995)
32. Trading Costs, Price, and Volume in Asset Markets
    American Economic Review, 1996, 86, (2), 192-96 View citations (6)

1995

33. The Effects of Real and Monetary Shocks in a Business Cycle Model with Some Sticky Prices: Comment
    Journal of Money, Credit and Banking, 1995, 27, (4), 1237-40 View citations (3)

1994

34. Business as Usual, Market Crashes, and Wisdom after the Fact
    American Economic Review, 1994, 84, (3), 548-65 View citations (123)
    See also Working Paper (1992)

1993

35. Investment in Competitive Equilibrium: The Optimality of Myopic Behavior
    The Quarterly Journal of Economics, 1993, 108, (4), 1105-1133 View citations (167)
36. Sectoral Shocks, Learning, and Aggregate Fluctuations
    Review of Economic Studies, 1993, 60, (4), 777-794 View citations (52)

1991

37. State-Dependent Pricing and the Dynamics of Money and Output
    The Quarterly Journal of Economics, 1991, 106, (3), 683-708 View citations (208)

Chapters

2016

1. Comment on "Are State and Time Dependent Models Really Different?"
   A chapter in NBER Macroeconomics Annual 2016, Volume 31, 2016, pp 458-464 View citations (1)

2004

2. How Important Is Discrete Adjustment in Aggregate Fluctuations?
   A chapter in Growth and Productivity in East Asia, 2004, pp 351-376 View citations (1)