Details about Lee Edward Ohanian

Homepage:	http://www.leeohanian.com
Phone:	310 825 0979
Postal address:	department of economics ucla 405 hilgard ave. la, ca 90024
Workplace:	Department of Economics, University of California-Los Angeles (UCLA), (more information at EDIRC)

Access statistics for papers by Lee Edward Ohanian.

Last updated 2023-02-24. Update your information in the RePEc Author Service.

Short-id: poh1

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Working Papers

2024

1. The Impact of Bretton Woods International Capital Controls on the Global Economy and the Value of Geopolitical Stability: A General Equilibrium Analysis
   Working Papers, Federal Reserve Bank of St. Louis
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2023)
2. When to Appease and When to Punish: Hitler, Putin, and Hamas
   NBER Working Papers, National Bureau of Economic Research, Inc

2023

3. Accounting for the Duality of the Italian Economy
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
   See also Journal Article Accounting for the Duality of the Italian Economy, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2023) View citations (3) (2023)
4. The Impact of Commercial Real Estate Regulations on U.S. Output
   NBER Working Papers, National Bureau of Economic Research, Inc
5. The Neoclassical Growth of China
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)

2021

6. Revisiting Capital-Skill Complementarity, Inequality, and Labor Share
   International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (8)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2021) View citations (9)
   See also Journal Article Revisiting Capital-Skill Complementarity, Inequality, and Labor Share, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2023) View citations (1) (2023)

2020

7. Dynamic General Equilibrium Modeling of Long and Short-Run Historical Events
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)

2019

8. Bretton Woods and the Reconstruction of Europe
   Working Papers, Federal Reserve Bank of St. Louis
   Also in 2019 Meeting Papers, Society for Economic Dynamics (2019)

2018

9. Bad Investments and Missed Opportunities? Postwar Capital Flows to Asia and Latin America
   Staff Report, Federal Reserve Bank of Minneapolis View citations (14)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2015) View citations (17)
   Working Paper Series, Federal Reserve Bank of Chicago (2015) View citations (1)
   2017 Meeting Papers, Society for Economic Dynamics (2017)
   See also Journal Article Bad Investments and Missed Opportunities? Postwar Capital Flows to Asia and Latin America, American Economic Review, American Economic Association (2018) View citations (19) (2018)
10. Online Appendix to "The Impact of Foreclosure Delay on U.S. Employment"
    Online Appendices, Review of Economic Dynamics
    See also Journal Article The Impact of Foreclosure Delay on U.S. Employment, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2019) View citations (4) (2019)
11. The Lack of European Productivity Growth: Causes and Lessons for the U.S
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania View citations (4)

2017

12. Tarnishing the Golden and Empire States: Land-Use Restrictions and the U.S. Economic Slowdown
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (12)
    See also Journal Article Tarnishing the golden and empire states: Land-use restrictions and the U.S. economic slowdown, Journal of Monetary Economics, Elsevier (2018) View citations (45) (2018)
13. Who Defaults on Their Mortgage, and Why? Policy Implications for Reducing Mortgage Default
    Economic Policy Paper, Federal Reserve Bank of Minneapolis

2016

14. Foreclosure Delay and the U.S. Labor Market
    Economic Policy Paper, Federal Reserve Bank of Minneapolis View citations (1)
15. Neoclassical Models in Macroeconomics
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (11)
    See also Chapter Neoclassical Models in Macroeconomics, Handbook of Macroeconomics, Elsevier (2016) View citations (12) (2016)
16. The Great Recession in the Shadow of the Great Depression: A Review Essay on “Hall of Mirrors: The Great Depression, The Great Recession and the Uses and Misuses Of History”
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)

2015

17. Bad Investments and Missed Opportunities? Capital Flows to Asia and Latin America, 1950-2007
    2015 Meeting Papers, Society for Economic Dynamics View citations (6)
    Also in Working Papers, Federal Reserve Bank of St. Louis (2013) View citations (10)
18. Can't Pay or Won't Pay? Unemployment, Negative Equity, and Strategic Default
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (23)
    Also in Working Papers, Federal Reserve Bank of Boston (2015) View citations (16)
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2013) View citations (62)
    See also Journal Article Can’t Pay or Won’t Pay? Unemployment, Negative Equity, and Strategic Default, The Review of Financial Studies, Society for Financial Studies (2018) View citations (29) (2018)
19. The Impact of Foreclosure Delay on U.S. Employment
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (9)
    See also Journal Article The Impact of Foreclosure Delay on U.S. Employment, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2019) View citations (4) (2019)

2014

20. Competition and the Decline of the Rust Belt
    Economic Policy Paper, Federal Reserve Bank of Minneapolis View citations (1)
21. Competitive Pressure and the Decline of the Rust Belt: A Macroeconomic Analysis
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (16)
22. Firing Costs and Labor Market Fluctuations: A Cross-Country Analysis
    2014 Meeting Papers, Society for Economic Dynamics View citations (17)
23. Pay with Promises or Pay as You Go? Lessons from the Death Spiral of Detroit
    Staff Report, Federal Reserve Bank of Minneapolis View citations (1)
24. Paychecks or Promises? Lessons from the Death Spiral of Detroit
    Economic Policy Paper, Federal Reserve Bank of Minneapolis View citations (1)

2013

25. Dynamic Sorting
    2013 Meeting Papers, Society for Economic Dynamics View citations (3)
26. The Impact of Cartelization, Money, and Productivity Shocks on the International Great Depression
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)

2012

27. Bad Investments and Missed Opportunities? Capital Flows to Asia and Latin America, 1950-2004
    2012 Meeting Papers, Society for Economic Dynamics View citations (1)
28. Foreclosure delay and U.S. unemployment
    Working Papers, Federal Reserve Bank of St. Louis View citations (27)
29. The Decline of the U.S. Rust Belt: A Macroeconomic Analysis
    2012 Meeting Papers, Society for Economic Dynamics View citations (19)

2011

30. Accounting for the Great Recession
    Economic Policy Paper, Federal Reserve Bank of Minneapolis View citations (2)
31. Aggregate Hours Worked in OECD Countries: New Measurement and Implications for Business Cycles
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (20)
    Also in International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (2011) View citations (11)
    See also Journal Article Aggregate hours worked in OECD countries: New measurement and implications for business cycles, Journal of Monetary Economics, Elsevier (2012) View citations (178) (2012)
32. Hours Worked over the Business Cycle: Evidence from OECD Countries, 1960-2009
    2011 Meeting Papers, Society for Economic Dynamics View citations (1)
33. Labor Market Dysfunction During the Great Recession
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (31)

2010

34. The General Theory of Employment, Interest, and Money After 75 Years: The Importance of Being in the Right Place at the Right Time
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
    See also Chapter The General Theory of Employment, Interest, and Money after 75 Years: The Importance of Being in the Right Place at the Right Time, Chapters, Edward Elgar Publishing (2012) (2012)
35. The Spanish Crisis from a Global Perspective
    Working Papers, FEDEA View citations (16)

2009

36. 50 Years of Capital Flows
    2009 Meeting Papers, Society for Economic Dynamics
37. Bad Investments and Missed Opportunities: Capital Flows to Latin America and Asia, 1950-2004
    2009 Meeting Papers, Society for Economic Dynamics View citations (1)
38. What - or Who - Started the Great Depression?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (53)
    See also Journal Article What - or who - started the great depression?, Journal of Economic Theory, Elsevier (2009) View citations (54) (2009)

2008

39. Does neoclassical theory account for the effects of big fiscal shocks? Evidence from World War II
    Staff Report, Federal Reserve Bank of Minneapolis View citations (19)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2006) View citations (8)
    See also Journal Article DOES NEOCLASSICAL THEORY ACCOUNT FOR THE EFFECTS OF BIG FISCAL SHOCKS? EVIDENCE FROM WORLD WAR II, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (2010) View citations (32) (2010)

2007

40. The Efficiency and Mobility of International Capital Flows: 1950-2006
    2007 Meeting Papers, Society for Economic Dynamics

2006

41. Long-Term Changes in Labor Supply and Taxes: Evidence from OECD Countries, 1956-2004
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (18)
    Also in Research Working Paper, Federal Reserve Bank of Kansas City (2006) View citations (23)
    See also Journal Article Long-term changes in labor supply and taxes: Evidence from OECD countries, 1956-2004, Journal of Monetary Economics, Elsevier (2008) View citations (236) (2008)
42. Why Have Business Cycle Fluctuations Become Less Volatile?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (21)
    Also in 2005 Meeting Papers, Society for Economic Dynamics (2005)
    See also Journal Article Why have business cycle fluctuations become less volatile?, Economic Theory, Springer (2007) View citations (64) (2007)

2005

43. Deflation and the International Great Depression: A Productivity Puzzle
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (30)
    Also in Staff Report, Federal Reserve Bank of Minneapolis (2005) View citations (27)

2004

44. Deflation, Real Wages, and the International Great Depression: A Productivity Puzzle
    Econometric Society 2004 North American Winter Meetings, Econometric Society View citations (9)
45. Latin America in the Rearview Mirror
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (22)
    Also in Staff Report, Federal Reserve Bank of Minneapolis (2004) View citations (24)
    See also Journal Article Latin America in the rearview mirror, Quarterly Review, Federal Reserve Bank of Minneapolis (2006) View citations (23) (2006)
46. Notes on Bootstrapping in Linear Models with i.i.d. Disturbances
    UCLA Economics Online Papers, UCLA Department of Economics
47. Trends and Fluctuations in the Household's Marginal Rate of Substitution Condition: Time Series Evidence from the OECD
    2004 Meeting Papers, Society for Economic Dynamics

2002

48. Data Appendix to The Great U.K. Depression: A Puzzle and Possible Resolution
    Online Appendices, Review of Economic Dynamics View citations (5)
    See also Journal Article The Great U.K. Depression: A Puzzle and Possible Resolution, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2002) View citations (45) (2002)
49. Neoclassical Studies of Great Depressions: Puzzles and Progress
    Annual Meeting Plenary, Society for Economic Dynamics

2001

50. New Deal policies and the persistence of the Great Depression: a general equilibrium analysis
    Working Papers, Federal Reserve Bank of Minneapolis View citations (43)
    See also Journal Article New Deal Policies and the Persistence of the Great Depression: A General Equilibrium Analysis, Journal of Political Economy, University of Chicago Press (2004) View citations (329) (2004)
51. The great U.K. depression: a puzzle and possible resolution
    Staff Report, Federal Reserve Bank of Minneapolis View citations (11)
    See also Journal Article The Great U.K. Depression: A Puzzle and Possible Resolution, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2002) View citations (45) (2002)
52. Trend-reverting fluctuations in the life-cycle model
    Working Papers, Federal Reserve Bank of St. Louis View citations (6)
    See also Journal Article Trend-reverting fluctuations in the life-cycle model, Journal of Economic Theory, Elsevier (2004) View citations (24) (2004)
53. Why did productivity fall so much during the Great Depression?
    Staff Report, Federal Reserve Bank of Minneapolis View citations (61)
    See also Journal Article Why did productivity fall so much during the Great Depression?, Quarterly Review, Federal Reserve Bank of Minneapolis (2002) View citations (10) (2002)

2000

54. Re-examining the contributions of money and banking shocks to the U.S. Great Depression
    Staff Report, Federal Reserve Bank of Minneapolis View citations (38)
    See also Chapter Re-Examining the Contributions of Money and Banking Shocks to the US Great Depression, NBER Chapters, National Bureau of Economic Research, Inc (2001) View citations (10) (2001)

1999

55. The macroeconomic effects of big fiscal shocks: the case of World War II
    Working Papers, Federal Reserve Bank of Minneapolis View citations (8)
56. Unit Roots, Trend Breaks and Transitory Dynamics: A Macroeconomic Perspective
    Working Papers, Michigan - Center for Research on Economic & Social Theory View citations (3)
    See also Journal Article UNIT ROOTS, TREND BREAKS, AND TRANSITORY DYNAMICS: A MACROECONOMIC PERSPECTIVE, Macroeconomic Dynamics, Cambridge University Press (2002) View citations (19) (2002)

1998

57. Complex eigenvalues and trend-reverting fluctuations
    Staff Report, Federal Reserve Bank of Minneapolis View citations (8)
58. Dynamic equilibrium economies: a framework for comparing models and data
    Staff Report, Federal Reserve Bank of Minneapolis View citations (97)
    Also in Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (1997) View citations (16)
    NBER Technical Working Papers, National Bureau of Economic Research, Inc (1995) View citations (14)
    Working Papers, Federal Reserve Bank of Philadelphia (1997) View citations (6)
    See also Journal Article Dynamic Equilibrium Economies: A Framework for Comparing Models and Data, The Review of Economic Studies, Review of Economic Studies Ltd (1998) View citations (102) (1998)
59. Is there a trend break in U.S. GNP? A macroeconomic perspective
    Staff Report, Federal Reserve Bank of Minneapolis View citations (9)
60. The defining moment: a review essay
    Staff Report, Federal Reserve Bank of Minneapolis
    See also Journal Article The Defining Moment: A Review Essay, Journal of Political Economy, University of Chicago Press (1999) (1999)
61. The demand for money and the nonneutrality of money
    Staff Report, Federal Reserve Bank of Minneapolis View citations (1)

1997

62. Capital-skill complementarity and inequality: a macroeconomic analysis
    Staff Report, Federal Reserve Bank of Minneapolis View citations (191)
    See also Journal Article Capital-Skill Complementarity and Inequality: A Macroeconomic Analysis, Econometrica, Econometric Society (2000) View citations (1020) (2000)
63. Shrinking money and monetary business cycles
    Working Papers, Federal Reserve Bank of Minneapolis View citations (2)

1996

64. Reassessing aggregate returns to scale with standard theory and measurement
    Working Papers, Federal Reserve Bank of Minneapolis View citations (1)

1993

65. Short-Run Independence of Monetary Policy Under Pegged Exchange Rates and Effects of Money on Exchange Rates and Interest Rates
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (24)
    See also Journal Article Short-Run Independence of Monetary Policy under Pegged Exchange Rates and Effects of Money on Exchange Rates and Interest Rates, Journal of Money, Credit and Banking, Blackwell Publishing (1997) View citations (9) (1997)

1989

66. THE CYCLICAL BEHAVIOR OF PRICES
    RCER Working Papers, University of Rochester - Center for Economic Research (RCER) View citations (9)
    See also Journal Article The cyclical behavior of prices, Journal of Monetary Economics, Elsevier (1991) View citations (126) (1991)

Journal Articles

2023

1. Accounting for the Duality of the Italian Economy
   Review of Economic Dynamics, 2023, 50, 267-290 View citations (3)
   See also Working Paper Accounting for the Duality of the Italian Economy, NBER Working Papers (2023) View citations (3) (2023)
2. Introduction to the Special Issue in Memory of Thomas F. Cooley
   Review of Economic Dynamics, 2023, 50, 1-5
3. Revisiting Capital-Skill Complementarity, Inequality, and Labor Share
   Review of Economic Dynamics, 2023, 51, 479-505 View citations (1)
   See also Working Paper Revisiting Capital-Skill Complementarity, Inequality, and Labor Share, International Finance Discussion Papers (2021) View citations (8) (2021)

2019

4. The Impact of Foreclosure Delay on U.S. Employment
   Review of Economic Dynamics, 2019, 31, 63-83 View citations (4)
   See also Working Paper The Impact of Foreclosure Delay on U.S. Employment, NBER Working Papers (2015) View citations (9) (2015)
   Working Paper Online Appendix to "The Impact of Foreclosure Delay on U.S. Employment", Online Appendices (2018) (2018)
   Software Item Code and data files for "The Impact of Foreclosure Delay on U.S. Employment", Computer Codes (2018) (2018)

2018

5. Bad Investments and Missed Opportunities? Postwar Capital Flows to Asia and Latin America
   American Economic Review, 2018, 108, (12), 3541-82 View citations (19)
   See also Working Paper Bad Investments and Missed Opportunities? Postwar Capital Flows to Asia and Latin America, Staff Report (2018) View citations (14) (2018)
6. Can’t Pay or Won’t Pay? Unemployment, Negative Equity, and Strategic Default
   The Review of Financial Studies, 2018, 31, (3), 1098-1131 View citations (29)
   See also Working Paper Can't Pay or Won't Pay? Unemployment, Negative Equity, and Strategic Default, NBER Working Papers (2015) View citations (23) (2015)
7. Tarnishing the golden and empire states: Land-use restrictions and the U.S. economic slowdown
   Journal of Monetary Economics, 2018, 93, (C), 89-109 View citations (45)
   See also Working Paper Tarnishing the Golden and Empire States: Land-Use Restrictions and the U.S. Economic Slowdown, NBER Working Papers (2017) View citations (12) (2017)

2017

8. The Great Recession in the Shadow of the Great Depression: A Review Essay on Hall of Mirrors: The Great Depression, the Great Recession, and the Uses and Misuses of History, by Barry Eichengreen
   Journal of Economic Literature, 2017, 55, (4), 1583-1601 View citations (3)

2016

9. The Direction of Capital Flows
   Economic Synopses, 2016, (22), 1-2

2014

10. The impact of monetary policy in the midst of big shocks
    Journal of Economic Dynamics and Control, 2014, 49, (C), 35-48 View citations (3)

2012

11. Aggregate hours worked in OECD countries: New measurement and implications for business cycles
    Journal of Monetary Economics, 2012, 59, (1), 40-56 View citations (178)
    See also Working Paper Aggregate Hours Worked in OECD Countries: New Measurement and Implications for Business Cycles, NBER Working Papers (2011) View citations (20) (2011)

2011

12. Discussion of goodfriend
    Journal of Monetary Economics, 2011, 58, (1), 13-16

2010

13. Capital Flows and Macroeconomic Performance: Lessons from the Golden Era of International Finance
    American Economic Review, 2010, 100, (2), 68-72 View citations (11)
14. DOES NEOCLASSICAL THEORY ACCOUNT FOR THE EFFECTS OF BIG FISCAL SHOCKS? EVIDENCE FROM WORLD WAR II
    International Economic Review, 2010, 51, (2), 509-532 View citations (32)
    See also Working Paper Does neoclassical theory account for the effects of big fiscal shocks? Evidence from World War II, Staff Report (2008) View citations (19) (2008)
15. The Economic Crisis from a Neoclassical Perspective
    Journal of Economic Perspectives, 2010, 24, (4), 45-66 View citations (99)
16. Understanding Economic Crises: The Great Depression and the 2008 Recession
    The Economic Record, 2010, 86, (s1), 2-6 View citations (3)

2009

17. Introduction to dynamic general equilibrium
    Journal of Economic Theory, 2009, 144, (6), 2235-2246 View citations (5)
18. What - or who - started the great depression?
    Journal of Economic Theory, 2009, 144, (6), 2310-2335 View citations (54)
    See also Working Paper What - or Who - Started the Great Depression?, NBER Working Papers (2009) View citations (53) (2009)

2008

19. Back to the future with Keynes
    Quarterly Review, 2008, (Jul), 10-16 View citations (7)
20. Long-term changes in labor supply and taxes: Evidence from OECD countries, 1956-2004
    Journal of Monetary Economics, 2008, 55, (8), 1353-1362 View citations (236)
    See also Working Paper Long-Term Changes in Labor Supply and Taxes: Evidence from OECD Countries, 1956-2004, NBER Working Papers (2006) View citations (18) (2006)

2007

21. Commentary on \\"Model fit and model selection\\"
    Review, 2007, 89, (Jul), 361-370
22. Why have business cycle fluctuations become less volatile?
    Economic Theory, 2007, 32, (1), 43-58 View citations (64)
    See also Working Paper Why Have Business Cycle Fluctuations Become Less Volatile?, NBER Working Papers (2006) View citations (21) (2006)
23. Work and taxes: allocation of time in OECD countries
    Economic Review, 2007, 92, (Q III), 37-58 View citations (6)

2006

24. Latin America in the rearview mirror
    Quarterly Review, 2006, 30, (Sep) View citations (23)
    Also in Journal of Monetary Economics, 2005, 52, (1), 69-107 (2005) View citations (60)
    See also Working Paper Latin America in the Rearview Mirror, NBER Working Papers (2004) View citations (22) (2004)

2005

25. Monetary policy and learning
    Review of Economic Dynamics, 2005, 8, (2), 257-261

2004

26. New Deal Policies and the Persistence of the Great Depression: A General Equilibrium Analysis
    Journal of Political Economy, 2004, 112, (4), 779-816 View citations (329)
    See also Working Paper New Deal policies and the persistence of the Great Depression: a general equilibrium analysis, Working Papers (2001) View citations (43) (2001)
27. Trend-reverting fluctuations in the life-cycle model
    Journal of Economic Theory, 2004, 119, (2), 334-356 View citations (24)
    See also Working Paper Trend-reverting fluctuations in the life-cycle model, Working Papers (2001) View citations (6) (2001)

2002

28. Shrinking money: the demand for money and the nonneutrality of money
    Journal of Monetary Economics, 2002, 49, (4), 653-686 View citations (11)
29. The Great U.K. Depression: A Puzzle and Possible Resolution
    Review of Economic Dynamics, 2002, 5, (1), 19-44 View citations (45)
    See also Working Paper Data Appendix to The Great U.K. Depression: A Puzzle and Possible Resolution, Online Appendices (2002) View citations (5) (2002)
    Working Paper The great U.K. depression: a puzzle and possible resolution, Staff Report (2001) View citations (11) (2001)
30. The U.S. and U.K. Great Depressions Through the Lens of Neoclassical Growth Theory
    American Economic Review, 2002, 92, (2), 28-32 View citations (32)
31. UNIT ROOTS, TREND BREAKS, AND TRANSITORY DYNAMICS: A MACROECONOMIC PERSPECTIVE
    Macroeconomic Dynamics, 2002, 6, (5), 614-632 View citations (19)
    See also Working Paper Unit Roots, Trend Breaks and Transitory Dynamics: A Macroeconomic Perspective, Working Papers (1999) View citations (3) (1999)
32. Why did productivity fall so much during the Great Depression?
    Quarterly Review, 2002, 26, (Spr) View citations (10)
    Also in American Economic Review, 2001, 91, (2), 34-38 (2001) View citations (67)
    See also Working Paper Why did productivity fall so much during the Great Depression?, Staff Report (2001) View citations (61) (2001)

2001

33. Are Phillips curves useful for forecasting inflation?
    Quarterly Review, 2001, 25, (Win), 2-11 View citations (596)

2000

34. Capital-Skill Complementarity and Inequality: A Macroeconomic Analysis
    Econometrica, 2000, 68, (5), 1029-1054 View citations (1020)
    See also Working Paper Capital-skill complementarity and inequality: a macroeconomic analysis, Staff Report (1997) View citations (191) (1997)
35. EconomicDynamics Interviews Lee Ohanian on the Great Depression
    EconomicDynamics Newsletter, 2000, 1, (2) View citations (1)

1999

36. Aggregate returns to scale: why measurement is imprecise
    Quarterly Review, 1999, 23, (Sum), 19-28 View citations (18)
37. The Defining Moment: A Review Essay
    Journal of Political Economy, 1999, 107, (1), 178-185
    See also Working Paper The defining moment: a review essay, Staff Report (1998) (1998)
38. The Great Depression in the United States from a neoclassical perspective
    Quarterly Review, 1999, 23, (Win), 2-24 View citations (186)

1998

39. Dynamic Equilibrium Economies: A Framework for Comparing Models and Data
    The Review of Economic Studies, 1998, 65, (3), 433-451 View citations (102)
    See also Working Paper Dynamic equilibrium economies: a framework for comparing models and data, Staff Report (1998) View citations (97) (1998)

1997

40. How capital taxes harm economic growth: Britain versus the United States
    Business Review, 1997, (Jul), 17-27
41. Postwar British Economic Growth and the Legacy of Keynes
    Journal of Political Economy, 1997, 105, (3), 439-72 View citations (52)
42. Short-Run Independence of Monetary Policy under Pegged Exchange Rates and Effects of Money on Exchange Rates and Interest Rates
    Journal of Money, Credit and Banking, 1997, 29, (4), 783-806 View citations (9)
    Also in Proceedings, 1997, 783-814 (1997) View citations (16)
    See also Working Paper Short-Run Independence of Monetary Policy Under Pegged Exchange Rates and Effects of Money on Exchange Rates and Interest Rates, NBER Working Papers (1993) View citations (24) (1993)
43. The Macroeconomic Effects of War Finance in the United States: World War II and the Korean War
    American Economic Review, 1997, 87, (1), 23-40 View citations (129)

1996

44. Are data on industry evolution and gross job turnover relevant for macroeconomics?
    Carnegie-Rochester Conference Series on Public Policy, 1996, 44, (1), 215-239 View citations (61)
45. When the bubble bursts: psychology or fundamentals?
    Business Review, 1996, (Jan), 3-13 View citations (1)

1995

46. The Effects of Real and Monetary Shocks in a Business Cycle Model with Some Sticky Prices
    Journal of Money, Credit and Banking, 1995, 27, (4), 1209-34 View citations (56)
    Also in Proceedings, 1994, 1209-1240 (1994) View citations (8)
47. Theoretical issues of liquidity effects
    Proceedings, 1995, (May), 3-25 View citations (8)
    Also in Review, 1995, (May), 3-25 (1995) View citations (10)

1994

48. Short-run effects on money when some prices are sticky
    Economic Quarterly, 1994, (Sum), 1-24 View citations (19)

1993

49. The impact of stochastic and deterministic trends on money-output causality: A multi-country investigation (Vol. 45, No. 3 (1990) pp. 291-308)
    Journal of Econometrics, 1993, 58, (3), 405-405 View citations (1)

1991

50. A Note on Spurious Inference in a Linearly Detrended Vector Autoregression
    The Review of Economics and Statistics, 1991, 73, (3), 568-71
51. The cyclical behavior of prices
    Journal of Monetary Economics, 1991, 28, (1), 25-60 View citations (126)
    See also Working Paper THE CYCLICAL BEHAVIOR OF PRICES, RCER Working Papers (1989) View citations (9) (1989)

1990

52. The impact of stochastic and deterministic trends on money-output causality: A multi-country investigation
    Journal of Econometrics, 1990, 45, (3), 291-308 View citations (19)

1988

53. The spurious effects of unit roots on vector autoregressions: A Monte Carlo study
    Journal of Econometrics, 1988, 39, (3), 251-266 View citations (34)

Edited books

2012

1. Government Policies and the Delayed Economic Recovery
   Books, Hoover Institution, Stanford University View citations (69)

Chapters

2018

1. The Natural Rate
   Chapter 2 in Bankruptcy Not Bailout, 2018 View citations (1)

2016

2. Neoclassical Models in Macroeconomics
   Elsevier View citations (12)
   See also Working Paper Neoclassical Models in Macroeconomics, National Bureau of Economic Research, Inc (2016) View citations (11) (2016)

2015

3. Conclusions and Solutions
   Chapter 7 in Inequality & Economic Policy, 2015

2012

4. Introduction - Government Policies and the Delayed Economic Recovery
   A chapter in Government Policies and the Delayed Economic Recovery, 2012 View citations (6)
5. The General Theory of Employment, Interest, and Money after 75 Years: The Importance of Being in the Right Place at the Right Time
   Chapter 7 in Keynes’s General Theory, 2012
   See also Working Paper The General Theory of Employment, Interest, and Money After 75 Years: The Importance of Being in the Right Place at the Right Time, National Bureau of Economic Research, Inc (2010) View citations (2) (2010)
6. Why the U.S. Economy Has Failed to Recover and What Policies Will Promote Growth
   Chapter 7 in Government Policies and the Delayed Economic Recovery, 2012 View citations (4)

2011

7. Comment on "What Fiscal Policy is Effective at Zero Interest Rates?"
   A chapter in NBER Macroeconomics Annual 2010, volume 25, 2011, pp 125-137 View citations (2)

2001

8. Re-Examining the Contributions of Money and Banking Shocks to the US Great Depression
   A chapter in NBER Macroeconomics Annual 2000, Volume 15, 2001, pp 183-260 View citations (10)
   See also Working Paper Re-examining the contributions of money and banking shocks to the U.S. Great Depression, Federal Reserve Bank of Minneapolis (2000) View citations (38) (2000)

Software Items

2018

1. Code and data files for "The Impact of Foreclosure Delay on U.S. Employment"
   Computer Codes, Review of Economic Dynamics
   See also Journal Article The Impact of Foreclosure Delay on U.S. Employment, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2019) View citations (4) (2019)