Details about José-Víctor Ríos-Rull

E-mail:
Homepage:	https://www.sas.upenn.edu/~vr0j/
Workplace:	Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, (more information at EDIRC) Department of Economics, University College London (UCL), (more information at EDIRC) Centro de Análisis y Estudios Ríos Pérez (CAERP) (Ríos Pérez Center for Analyses and Studies), (more information at EDIRC)

Access statistics for papers by José-Víctor Ríos-Rull.

Last updated 2025-01-07. Update your information in the RePEc Author Service.

Short-id: pri8

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Working Papers

2024

1. Demand Shocks as Technology Shocks
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)

2022

2. Procyclical Productivity in New Keynesian Models
   NBER Working Papers, National Bureau of Economic Research, Inc

2020

3. A Quantitative Theory of the Credit Score
   PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania View citations (9)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2020) View citations (9)
   Working Papers, Federal Reserve Bank of Minneapolis (2020) View citations (9)
   Working Papers, Federal Reserve Bank of Philadelphia (2020) View citations (4)
4. Health versus Wealth: On the Distributional Effects of Controlling a Pandemic
   Staff Report, Federal Reserve Bank of Minneapolis View citations (142)
   Also in PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2020) View citations (242)
   Research Working Paper, Federal Reserve Bank of Kansas City (2020) View citations (160)
   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)
5. Labor Share and Productivity Dynamics
   PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania View citations (2)
   See also Journal Article Labour Share and Productivity Dynamics, The Economic Journal, Royal Economic Society (2021) View citations (1) (2021)

2019

6. Credit, Bankruptcy, and Aggregate Fluctuations
   Working Papers, Federal Reserve Bank of Philadelphia View citations (1)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2014) View citations (8)
   Working Papers, Federal Reserve Bank of Philadelphia (2014) View citations (8)
7. Partial Default
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (21)
   Also in Discussion Papers, Centre for Macroeconomics (CFM) (2019)
   Staff Report, Federal Reserve Bank of Minneapolis (2019)
   2013 Meeting Papers, Society for Economic Dynamics (2013) View citations (2)

2018

8. A Theory of Credit Scoring and the Competitive Pricing of Default Risk
   2018 Meeting Papers, Society for Economic Dynamics View citations (30)
   Also in 2011 Meeting Papers, Society for Economic Dynamics (2011) View citations (17)
9. Organizational Equilibrium with Capital
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2018)
   Working Paper Series, Federal Reserve Bank of Chicago (2018)
10. The Welfare Cost of Inflation Revisited: The Role of Financial Innovation and Household Heterogeneity
    Staff Working Papers, Bank of Canada
    See also Journal Article The welfare cost of inflation revisited: The role of financial innovation and household heterogeneity, Journal of Monetary Economics, Elsevier (2021) View citations (6) (2021)

2016

11. Business Cycles and Household Formation: The Micro vs the Macro Labor Elasticity
    2016 Meeting Papers, Society for Economic Dynamics View citations (3)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2012) View citations (33)
12. Financial Frictions, Asset Prices, and the Great Recession
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (18)
    Also in Staff Report, Federal Reserve Bank of Minneapolis (2016) View citations (6)
13. Health, Consumption and Inequality
    2016 Meeting Papers, Society for Economic Dynamics
14. The Generalized Euler Equation and the Unilateral Default Problem
    2016 Meeting Papers, Society for Economic Dynamics
15. The Great Recession and Financial Shocks
    Economic Policy Paper, Federal Reserve Bank of Minneapolis View citations (1)

2014

16. 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)
    2011 Meeting Papers, Society for Economic Dynamics (2011) View citations (26)
    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)
    See also Journal Article Intergenerational Redistribution in the Great Recession, Journal of Political Economy, University of Chicago Press (2020) View citations (22) (2020)

2013

17. Demand for Liquidity and Welfare Cost of Inflation by Cohort and Age of Households
    2013 Meeting Papers, Society for Economic Dynamics
18. Demand shocks and open economy puzzles
    2013 Meeting Papers, Society for Economic Dynamics
    See also Journal Article Demand Shocks and Open Economy Puzzles, American Economic Review, American Economic Association (2015) View citations (17) (2015)
19. Engineering a paradox of thrift recession
    FRB Atlanta CQER Working Paper, Federal Reserve Bank of Atlanta View citations (16)
    Also in Staff Report, Federal Reserve Bank of Minneapolis (2012)
20. Health Heterogeneity and the Preferences for Consumption Growth
    2013 Meeting Papers, Society for Economic Dynamics View citations (2)
21. Paradox of Thrift Recessions
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (42)
    Also in Staff Report, Federal Reserve Bank of Minneapolis (2013) View citations (16)
22. Realistic neoclassical multiplier
    Economic Policy Paper, Federal Reserve Bank of Minneapolis View citations (2)
23. Sex Ratios and Long-Term Marriage Trends
    2013 Meeting Papers, Society for Economic Dynamics View citations (2)

2012

24. Constrained Efficiency in the Neoclassical Growth Model With Uninsurable Idiosyncratic Shocks
    Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers), HAL View citations (25)
    Also in Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers), HAL (2005) View citations (16)
    Post-Print, HAL (2012) View citations (26)
    Post-Print, HAL (2005) View citations (9)
    Post-Print, HAL (2012) View citations (19)
    Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers), HAL (2012) View citations (72)
    LIDAM Reprints CORE, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) (2012) View citations (69)
    Cahiers de la Maison des Sciences Economiques, Université Panthéon-Sorbonne (Paris 1) (2005) View citations (83)
    PSE-Ecole d'économie de Paris (Postprint), HAL (2012) View citations (25)
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2005) View citations (21)
    See also Journal Article Constrained Efficiency in the Neoclassical Growth Model With Uninsurable Idiosyncratic Shocks, Econometrica, Econometric Society (2012) View citations (166) (2012)
25. Heterogeneity in Expected Longevities
    Working Papers, CEMFI View citations (4)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2012) View citations (4)
    Staff Report, Federal Reserve Bank of Minneapolis (2012) View citations (1)
    See also Journal Article Heterogeneity in Expected Longevities, Demography, Springer (2014) View citations (46) (2014)
26. Labor Share and Technology Dynamics
    2012 Meeting Papers, Society for Economic Dynamics View citations (1)
27. Models of government expenditure multipliers
    Economic Policy Paper, Federal Reserve Bank of Minneapolis View citations (4)

2011

28. Demand Shocks that Look Like Productivity Shocks
    2011 Meeting Papers, Society for Economic Dynamics View citations (29)

2010

29. Inflation, Nominal Debt, Housing, and Welfare
    2010 Meeting Papers, Society for Economic Dynamics
30. What Accounts for the Increase in the Number of Single Households?
    2010 Meeting Papers, Society for Economic Dynamics View citations (14)

2009

31. Credit Lines
    2009 Meeting Papers, Society for Economic Dynamics View citations (1)
32. Methods versus Substance: Measuring the Effects of Technology Shocks on Hours
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (21)
    Also in Staff Report, Federal Reserve Bank of Minneapolis (2009) View citations (5)
    NBER Working Papers, National Bureau of Economic Research, Inc (2009) View citations (8)

2008

33. Aggregate and Welfare Effects of Redistribution of Wealth Under Inflation and Price-Level Targeting
    2008 Meeting Papers, Society for Economic Dynamics View citations (2)
    Also in Staff Working Papers, Bank of Canada (2008) View citations (19)
    See also Journal Article Aggregate and welfare effects of redistribution of wealth under inflation and price-level targeting, Journal of Monetary Economics, Elsevier (2010) View citations (55) (2010)

2007

34. A finite-life private-information theory of unsecured consumer debt
    Working Papers, Federal Reserve Bank of Philadelphia View citations (5)
    See also Journal Article A finite-life private-information theory of unsecured consumer debt, Journal of Economic Theory, Elsevier (2008) View citations (24) (2008)
35. A quantitative theory of unsecured consumer credit with risk of default
    Working Papers, Federal Reserve Bank of Philadelphia View citations (367)
    Also in Centro de Alti­simos Estudios Ri­os Pe©rez(CAERP), Centro de Altisimos Estudios Rios Perez (CAERP) (2002)
    See also Journal Article A Quantitative Theory of Unsecured Consumer Credit with Risk of Default, Econometrica, Econometric Society (2007) View citations (483) (2007)
36. Financial Integration, Financial Deepness and Global Imbalances
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (117)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2007) View citations (133)
37. On the Welfare Implications of Financial Globalization without Financial Development
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (59)
    See also Chapter On the Welfare Implications of Financial Globalization without Financial Development, NBER Chapters, National Bureau of Economic Research, Inc (2009) View citations (9) (2009)

2006

38. Finite-Life, Private-Information Theory of Unsecured Debt
    2006 Meeting Papers, Society for Economic Dynamics View citations (4)
39. Social Security, Life Insurance and Annuities for Families
    2006 Meeting Papers, Society for Economic Dynamics
    See also Journal Article Social security, life insurance and annuities for families, Journal of Monetary Economics, Elsevier (2007) View citations (50) (2007)
40. Time Consistent Debt
    2006 Meeting Papers, Society for Economic Dynamics View citations (19)

2005

41. Aggregate Shocks and the Volatility of House Prices
    2005 Meeting Papers, Society for Economic Dynamics View citations (2)
42. Health and Heterogeneity
    2005 Meeting Papers, Society for Economic Dynamics View citations (3)

2004

43. Life insurance and household consumption
    Working Papers, Federal Reserve Bank of Philadelphia View citations (6)
    See also Journal Article Life Insurance and Household Consumption, American Economic Review, American Economic Association (2012) View citations (35) (2012)
44. On Black/White Intermarriage Patterns
    2004 Meeting Papers, Society for Economic Dynamics
45. On the The Living Arrangements of Elderly Widows
    Centro de Alti­simos Estudios Ri­os Pe©rez(CAERP), Centro de Altisimos Estudios Rios Perez (CAERP)
    See also Journal Article ON THE LIVING ARRANGEMENTS OF ELDERLY WIDOWS, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (2009) View citations (31) (2009)
46. The Role of the Sex Imbalance in Shaping Marital Status
    2004 Meeting Papers, Society for Economic Dynamics
47. Time Consistent Public Expenditures
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (36)
    Also in Levine's Bibliography, UCLA Department of Economics (2004) View citations (31)

2003

48. Families as Shocks
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (48)
    See also Journal Article Families As Shocks, Journal of the European Economic Association, MIT Press (2003) View citations (63) (2003)

2002

49. Implementing the 35 Hour Workweek by Means of Overtime Taxation
    Economic Working Papers at Centro de Estudios Andaluces, Centro de Estudios Andaluces View citations (11)
    See also Journal Article Implementing the 35 Hour Workweek by Means of Overtime Taxation, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2003) View citations (21) (2003)
50. Precautionary Savings and Wealth Distribution Under Habit Formation Preferences
    Working Papers, CEMFI
    See also Journal Article Precautionary savings and wealth distribution under habit formation preferences, Journal of Monetary Economics, Elsevier (2003) View citations (78) (2003)

2001

51. Habit formation: implications for the wealth distribution
    UC3M Working papers. Economics, Universidad Carlos III de Madrid. Departamento de Economía View citations (22)
    See also Journal Article Precautionary savings and wealth distribution under habit formation preferences, Journal of Monetary Economics, Elsevier (2003) View citations (78) (2003)

2000

52. On the equilibrium concept for overlapping generations organizations
    Staff Report, Federal Reserve Bank of Minneapolis View citations (2)
    Also in Working Papers, Federal Reserve Bank of Minneapolis (2000) View citations (2)

1998

53. Earnings and wealth inequality and income taxation: quantifying the tradeoffs of switching to a proportional income tax in the U.S
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (8)
    Also in CARESS Working Papres, University of Pennsylvania Center for Analytic Research and Economics in the Social Sciences View citations (10)

1997

54. 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 (1024) (2000)
55. Computation of equilibria in heterogeneous agent models
    Staff Report, Federal Reserve Bank of Minneapolis View citations (22)
56. Marital risk and capital accumulation
    Staff Report, Federal Reserve Bank of Minneapolis View citations (14)
57. On the size of U.S. government: political economy in the neoclassical growth model
    Staff Report, Federal Reserve Bank of Minneapolis View citations (3)
    See also Journal Article On the Size of U.S. Government: Political Economy in the Neoclassical Growth Model, American Economic Review, American Economic Association (1999) View citations (135) (1999)

1996

58. The balance of payments and borrowing constraints: an alternative view of the Mexican crisis
    Staff Report, Federal Reserve Bank of Minneapolis View citations (22)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1995) View citations (2)
    See also Journal Article The balance of payments and borrowing constraints: An alternative view of the Mexican crisis, Journal of International Economics, Elsevier (1996) View citations (19) (1996)

1995

59. Unemployment spells and income distribution dynamics
    UC3M Working papers. Economics, Universidad Carlos III de Madrid. Departamento de Economía View citations (5)
    Also in Working Papers, Federal Reserve Bank of Philadelphia (1995) View citations (7)

1994

60. What Constitutions Promote Capital Accumulation? A Political-Economy Approach
    Wallis Working Papers, University of Rochester - Wallis Institute of Political Economy View citations (10)

1993

61. Vested Interests in a Positive Theory of Stagnation and Growth
    Working Papers, Stockholm - International Economic Studies View citations (11)
    See also Journal Article Vested Interests in a Positive Theory of Stagnation and Growth, The Review of Economic Studies, Review of Economic Studies Ltd (1996) View citations (241) (1996)

Journal Articles

2021

1. Labour Share and Productivity Dynamics
   The Economic Journal, 2021, 131, (639), 2856-2886 View citations (1)
   See also Working Paper Labor Share and Productivity Dynamics, PIER Working Paper Archive (2020) View citations (2) (2020)
2. The welfare cost of inflation revisited: The role of financial innovation and household heterogeneity
   Journal of Monetary Economics, 2021, 118, (C), 366-380 View citations (6)
   See also Working Paper The Welfare Cost of Inflation Revisited: The Role of Financial Innovation and Household Heterogeneity, Staff Working Papers (2018) (2018)

2020

3. Demand Induced Fluctuations
   Review of Economic Dynamics, 2020, 37 Supplement 1, S99-S117 View citations (3)
   See also Software Item Code and data files for "Demand Induced Fluctuations", Computer Codes (2020) (2020)
4. Intergenerational Redistribution in the Great Recession
   Journal of Political Economy, 2020, 128, (10), 3730 - 3778 View citations (22)
   See also Working Paper Intergenerational Redistribution in the Great Recession, Staff Report (2014) View citations (10) (2014)
5. Sticky Wage Models and Labor Supply Constraints
   American Economic Journal: Macroeconomics, 2020, 12, (3), 284-318 View citations (8)

2016

6. 2013 Update on the U.S. Earnings, Income, and Wealth Distributional Facts: A View from Macroeconomics
   Quarterly Review, 2016, (April), 1-75 View citations (63)

2015

7. Demand Shocks and Open Economy Puzzles
   American Economic Review, 2015, 105, (5), 644-49 View citations (17)
   See also Working Paper Demand shocks and open economy puzzles, 2013 Meeting Papers (2013) (2013)
8. Tightening Financial Frictions on Households, Recessions, and Price Reallocations
   Review of Economic Dynamics, 2015, 18, (1), 118-139 View citations (14)
   See also Software Item Code and data files for "Tightening Financial Frictions on Households, Recessions, and Price Reallocations", Computer Codes (2014) (2014)

2014

9. Heterogeneity in Expected Longevities
   Demography, 2014, 51, (6), 2075-2102 View citations (46)
   See also Working Paper Heterogeneity in Expected Longevities, Working Papers (2012) View citations (4) (2012)

2012

10. Constrained Efficiency in the Neoclassical Growth Model With Uninsurable Idiosyncratic Shocks
    Econometrica, 2012, 80, (6), 2431-2467 View citations (166)
    See also Working Paper Constrained Efficiency in the Neoclassical Growth Model With Uninsurable Idiosyncratic Shocks, Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) (2012) View citations (25) (2012)
11. Life Insurance and Household Consumption
    American Economic Review, 2012, 102, (7), 3701-30 View citations (35)
    See also Working Paper Life insurance and household consumption, Working Papers (2004) View citations (6) (2004)
12. Methods versus substance: Measuring the effects of technology shocks
    Journal of Monetary Economics, 2012, 59, (8), 826-846 View citations (56)

2011

13. Facts on the distributions of earnings, income, and wealth in the United States: 2007 update
    Quarterly Review, 2011 View citations (119)

2010

14. Aggregate and welfare effects of redistribution of wealth under inflation and price-level targeting
    Journal of Monetary Economics, 2010, 57, (6), 637-652 View citations (55)
    See also Working Paper Aggregate and Welfare Effects of Redistribution of Wealth Under Inflation and Price-Level Targeting, 2008 Meeting Papers (2008) View citations (2) (2008)
15. Redistributive shocks and productivity shocks
    Journal of Monetary Economics, 2010, 57, (8), 931-948 View citations (71)

2009

16. Financial Integration, Financial Development, and Global Imbalances
    Journal of Political Economy, 2009, 117, (3), 371-416 View citations (337)
17. ON THE LIVING ARRANGEMENTS OF ELDERLY WIDOWS
    International Economic Review, 2009, 50, (3), 773-801 View citations (31)
    See also Working Paper On the The Living Arrangements of Elderly Widows, Centro de Alti­simos Estudios Ri­os Pe©rez(CAERP) (2004) (2004)
18. Understanding the Dynamics of the Labor Share: the Role of non-Competitive Factor Prices
    Annals of Economics and Statistics, 2009, (95-96), 251-277 View citations (21)

2008

19. A finite-life private-information theory of unsecured consumer debt
    Journal of Economic Theory, 2008, 142, (1), 149-177 View citations (24)
    See also Working Paper A finite-life private-information theory of unsecured consumer debt, Working Papers (2007) View citations (5) (2007)
20. An Aggregate Economy with Different Size Houses
    Journal of the European Economic Association, 2008, 6, (2-3), 705-714 View citations (33)
21. Comment on: "Taxes, benefits, careers, and markets" by Lars Ljungqvist and Thomas J. Sargent
    Journal of Monetary Economics, 2008, 55, (1), 126-128
22. Time-Consistent Public Policy
    The Review of Economic Studies, 2008, 75, (3), 789-808 View citations (201)

2007

23. A Quantitative Theory of Unsecured Consumer Credit with Risk of Default
    Econometrica, 2007, 75, (6), 1525-1589 View citations (483)
    See also Working Paper A quantitative theory of unsecured consumer credit with risk of default, Working Papers (2007) View citations (367) (2007)
24. On the Welfare Implications of Financial Globalization without Financial Development [with Comments]
    NBER International Seminar on Macroeconomics, 2007, 2007, (1), 283 - 322 View citations (5)
25. Social security, life insurance and annuities for families
    Journal of Monetary Economics, 2007, 54, (1), 118-140 View citations (50)
    See also Working Paper Social Security, Life Insurance and Annuities for Families, 2006 Meeting Papers (2006) (2006)

2005

26. ON EQUILIBRIUM FOR OVERLAPPING GENERATIONS ORGANIZATIONS *
    International Economic Review, 2005, 46, (4), 1065-1080 View citations (6)
27. Optimal Time-Consistent Taxation with International Mobility Of Capital
    The B.E. Journal of Macroeconomics, 2005, 5, (1), 36 View citations (46)
28. The Success and Failure of Reforms in Transition Economies
    Journal of Money, Credit and Banking, 2005, 37, (1), 23-42 View citations (6)

2003

29. Accounting for the U.S. Earnings and Wealth Inequality
    Journal of Political Economy, 2003, 111, (4), 818-857 View citations (374)
30. Families As Shocks
    Journal of the European Economic Association, 2003, 1, (2-3), 671-682 View citations (63)
    See also Working Paper Families as Shocks, CEPR Discussion Papers (2003) View citations (48) (2003)
31. Implementing the 35 Hour Workweek by Means of Overtime Taxation
    Review of Economic Dynamics, 2003, 6, (1), 179-206 View citations (21)
    See also Working Paper Implementing the 35 Hour Workweek by Means of Overtime Taxation, Economic Working Papers at Centro de Estudios Andaluces (2002) View citations (11) (2002)
32. Precautionary savings and wealth distribution under habit formation preferences
    Journal of Monetary Economics, 2003, 50, (6), 1257-1291 View citations (78)
    See also Working Paper Habit formation: implications for the wealth distribution, UC3M Working papers. Economics (2001) View citations (22) (2001)
    Working Paper Precautionary Savings and Wealth Distribution Under Habit Formation Preferences, Working Papers (2002) (2002)
33. Time-consistent optimal fiscal policy
    International Economic Review, 2003, 44, (4), 1217-1245 View citations (94)

2002

34. College Attainment of Women
    Review of Economic Dynamics, 2002, 5, (4), 965-998 View citations (15)
35. Desigualdad, ¿qué sabemos?
    Investigaciones Economicas, 2002, 26, (2), 221-254
36. Updated facts on the U.S. distributions of earnings, income, and wealth
    Quarterly Review, 2002, 26, (Sum), 2-35 View citations (107)

2001

37. Population Changes and Capital Accumulation: The Aging of the Baby Boom
    The B.E. Journal of Macroeconomics, 2001, 1, (1), 48 View citations (39)
38. The Research Agenda: Determinants of Inequality
    EconomicDynamics Newsletter, 2001, 3, (1)

2000

39. Capital-Skill Complementarity and Inequality: A Macroeconomic Analysis
    Econometrica, 2000, 68, (5), 1029-1054 View citations (1024)
    See also Working Paper Capital-skill complementarity and inequality: a macroeconomic analysis, Staff Report (1997) View citations (191) (1997)
40. Consumption smoothing in island economies: Can public insurance reduce welfare?
    European Economic Review, 2000, 44, (7), 1225-1258 View citations (137)

1999

41. On the Size of U.S. Government: Political Economy in the Neoclassical Growth Model
    American Economic Review, 1999, 89, (5), 1156-1181 View citations (135)
    See also Working Paper On the size of U.S. government: political economy in the neoclassical growth model, Staff Report (1997) View citations (3) (1997)

1998

42. Exploring the income distribution business cycle dynamics
    Journal of Monetary Economics, 1998, 42, (1), 93-130 View citations (79)

1997

43. Dimensions of inequality: facts on the U.S. distributions of earnings, income, and wealth
    Quarterly Review, 1997, 21, (Spr), 3-21 View citations (71)
44. Politico-economic equilibrium and economic growth
    Journal of Economic Dynamics and Control, 1997, 21, (1), 243-272 View citations (195)
45. Understanding the U.S. distribution of wealth
    Quarterly Review, 1997, 21, (Spr), 22-36 View citations (57)

1996

46. Are consumption taxes really better than income taxes?
    Journal of Monetary Economics, 1996, 37, (3), 475-503 View citations (89)
47. Life-Cycle Economies and Aggregate Fluctuations
    The Review of Economic Studies, 1996, 63, (3), 465-489 View citations (136)
48. The balance of payments and borrowing constraints: An alternative view of the Mexican crisis
    Journal of International Economics, 1996, 41, (3-4), 331-349 View citations (19)
    See also Working Paper The balance of payments and borrowing constraints: an alternative view of the Mexican crisis, Staff Report (1996) View citations (22) (1996)
49. Vested Interests in a Positive Theory of Stagnation and Growth
    The Review of Economic Studies, 1996, 63, (2), 301-329 View citations (241)
    See also Working Paper Vested Interests in a Positive Theory of Stagnation and Growth, Working Papers (1993) View citations (11) (1993)

1994

50. On the quantitative importance of market completeness
    Journal of Monetary Economics, 1994, 34, (3), 463-496 View citations (25)

1993

51. Working in the Market, Working at Home, and the Acquisition of Skills: A General-Equilibrium Approach
    American Economic Review, 1993, 83, (4), 893-907 View citations (52)

1992

52. Classical competitive analysis of economies with Islands
    Journal of Economic Theory, 1992, 57, (1), 73-98 View citations (14)

1986

53. Efectos de los créditos participativos públicos en la financiación de las empresas
    Investigaciones Economicas, 1986, 10, (1), 173-184

Books

2001

1. Shielding the Poor: Social Protection in the Developing World
   IDB Publications (Books), Inter-American Development Bank View citations (3)

Chapters

2025

1. Credit Scores and Inequality Across the Life Cycle
   A chapter in NBER Macroeconomics Annual 2025, volume 40, 2025

2009

2. On the Welfare Implications of Financial Globalization without Financial Development
   A chapter in NBER International Seminar on Macroeconomics 2007, 2009, pp 283-312 View citations (9)
   See also Working Paper On the Welfare Implications of Financial Globalization without Financial Development, National Bureau of Economic Research, Inc (2007) View citations (59) (2007)

Software Items

2020

1. Code and data files for "Demand Induced Fluctuations"
   Computer Codes, Review of Economic Dynamics
   See also Journal Article Demand Induced Fluctuations, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2020) View citations (3) (2020)

2014

2. Code and data files for "Tightening Financial Frictions on Households, Recessions, and Price Reallocations"
   Computer Codes, Review of Economic Dynamics
   See also Journal Article Tightening Financial Frictions on Households, Recessions, and Price Reallocations, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2015) View citations (14) (2015)