Details about Kjetil Storesletten

Homepage:	http://folk.uio.no/kjstore/
Phone:	00 47 22844009
Postal address:	Department of Economics, University of Oslo, Box 1095 Blindern, N-0317 Oslo, Norway
Workplace:	Økonomisk institutt (Department of Economics), Universitetet i Oslo (University of Oslo), (more information at EDIRC)

Access statistics for papers by Kjetil Storesletten.

Last updated 2025-04-24. Update your information in the RePEc Author Service.

Short-id: pst4

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Working Papers

2025

1. Fiscal Progressivity of the U.S. Federal and State Governments
   NBER Working Papers, National Bureau of Economic Research, Inc

2024

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

2023

3. Conservation by Lending
   Research Papers, Stanford University, Graduate School of Business
   Also in CESifo Working Paper Series, CESifo (2023)
4. Dissecting Idiosyncratic Earnings Risk
   Working Papers, Federal Reserve Bank of St. Louis View citations (1)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020) View citations (10)
   See also Journal Article Dissecting Idiosyncratic Earnings Risk, Journal of the European Economic Association, European Economic Association (2024) View citations (2) (2024)

2022

5. Serial Entrepreneurship in China
   Working Papers, University of Toronto, Department of Economics View citations (1)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2022)

2020

6. Barriers to Entry and Regional Economic Growth in China
   Working Papers, University of Toronto, Department of Economics View citations (19)
   Also in Working Papers, University of Toronto, Department of Economics (2018) View citations (7)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020) View citations (19)
   2018 Meeting Papers, Society for Economic Dynamics (2018) View citations (7)
7. Business Cycle during Structural Change: Arthur Lewis' Theory from a Neoclassical Perspective
   Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2019) View citations (19)
   Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University (2019) View citations (18)
8. Business Cycle during Structural Change: Arthur Lewis’ Theory from a Neoclassical Perspective
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (2)
9. From Imitation to Innovation: Where Is all that Chinese R&D Going?
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (4)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2020) View citations (4)
   See also Journal Article From Imitation to Innovation: Where Is All That Chinese R&D Going?, Econometrica, Econometric Society (2022) View citations (29) (2022)
10. How Should Tax Progressivity Respond to Rising Income Inequality
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (23)
    Also in Staff Report, Federal Reserve Bank of Minneapolis (2020) View citations (13)
    NBER Working Papers, National Bureau of Economic Research, Inc (2020) View citations (22)

2019

11. Dissecting Idiosyncratic Income Risk
    2019 Meeting Papers, Society for Economic Dynamics View citations (9)
12. Optimal Progressivity with Age-Dependent Taxation
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
    Also in 2018 Meeting Papers, Society for Economic Dynamics (2018)
    Staff Report, Federal Reserve Bank of Minneapolis (2017) View citations (8)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2019) View citations (1)
    See also Journal Article Optimal progressivity with age-dependent taxation, Journal of Public Economics, Elsevier (2020) View citations (17) (2020)

2017

13. The Distributions of Income and Consumption Risk: Evidence from Norwegian Registry Data
    2017 Meeting Papers, Society for Economic Dynamics

2016

14. Firm Entry and Regional Growth Disparities: the Effect of SOEs in China
    2016 Meeting Papers, Society for Economic Dynamics View citations (15)

2015

15. A Positive Theory of Geographic Mobility and Social Insurance
    Working Papers, Barcelona School of Economics
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2001) View citations (10)
    CESifo Working Paper Series, CESifo (2002) View citations (19)
    Seminar Papers, Stockholm University, Institute for International Economic Studies (2002) View citations (18)
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (2001) View citations (13)
    See also Journal Article A POSITIVE THEORY OF GEOGRAPHIC MOBILITY AND SOCIAL INSURANCE, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (2005) View citations (59) (2005)
16. Sovereign Debt and Structural Reforms
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (10)
    See also Journal Article Sovereign Debt and Structural Reforms, American Economic Review, American Economic Association (2019) View citations (13) (2019)
17. Sovereign Debt, Risk Sharing, and Austerity Programs
    2015 Meeting Papers, Society for Economic Dynamics

2014

18. Optimal Tax Progressivity: An Analytical Framework
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (85)
    Also in Staff Report, Federal Reserve Bank of Minneapolis (2014) View citations (52)
    NBER Working Papers, National Bureau of Economic Research, Inc (2014) View citations (85)
    IFS Working Papers, Institute for Fiscal Studies (2014) View citations (84)
    See also Journal Article Optimal Tax Progressivity: An Analytical Framework, The Quarterly Journal of Economics, President and Fellows of Harvard College (2017) View citations (353) (2017)

2013

19. Guest Editors' Preface to the Special Symposium on Field Experiments
    Artefactual Field Experiments, The Field Experiments Website View citations (1)

2012

20. Redistributive Taxation in a Partial Insurance Economy
    2012 Meeting Papers, Society for Economic Dynamics View citations (14)
    Also in 2010 Meeting Papers, Society for Economic Dynamics (2010) View citations (9)
21. Rotten Parents and Disciplined Children: A Politico-Economic Theory of Public Expenditure and Debt
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (188)
    Also in 2007 Meeting Papers, Society for Economic Dynamics (2007) View citations (20)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2007)
    IEW - Working Papers, Institute for Empirical Research in Economics - University of Zurich (2007) View citations (22)
    Memorandum, Oslo University, Department of Economics (2007) View citations (22)
    See also Journal Article Rotten Parents and Disciplined Children: A Politico‐Economic Theory of Public Expenditure and Debt, Econometrica, Econometric Society (2012) View citations (184) (2012)
22. Sharing High Growth Across Generations: Pensions and Demographic Transition in China
    UBSCENTER - Working Papers, UBS International Center of Economics in Society - Department of Economics - University of Zurich View citations (2)
    Also in CEPRA working paper, USI Università della Svizzera italiana (2012) View citations (7)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2012) View citations (8)
    See also Journal Article Sharing High Growth across Generations: Pensions and Demographic Transition in China, American Economic Journal: Macroeconomics, American Economic Association (2015) View citations (69) (2015)

2011

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

2009

24. Consumption and Labor Supply with Partial Insurance: An Analytical Framework
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (29)
    Also in Staff Report, Federal Reserve Bank of Minneapolis (2009) View citations (32)
    2007 Meeting Papers, Society for Economic Dynamics (2007) View citations (23)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2007) View citations (18)
    See also Journal Article Consumption and Labor Supply with Partial Insurance: An Analytical Framework, American Economic Review, American Economic Association (2014) View citations (240) (2014)
25. Growing like China
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (43)
    Also in 2009 Meeting Papers, Society for Economic Dynamics (2009) View citations (18)
    See also Journal Article Growing Like China, American Economic Review, American Economic Association (2011) View citations (583) (2011)
26. Inequality and Aggregate Fluctuations
    2009 Meeting Papers, Society for Economic Dynamics
27. Quantitative Macroeconomics with Heterogeneous Households
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (300)
    Also in Staff Report, Federal Reserve Bank of Minneapolis (2009) View citations (248)
    See also Journal Article Quantitative Macroeconomics with Heterogeneous Households, Annual Review of Economics, Annual Reviews (2009) View citations (303) (2009)

2008

28. The Macroeconomic Implications of Rising Wage Inequality in the United States
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (75)
    See also Journal Article The Macroeconomic Implications of Rising Wage Inequality in the United States, Journal of Political Economy, University of Chicago Press (2010) View citations (386) (2010)

2007

29. Insurance and Opportunities: A Welfare Analysis of Labor Market Risk
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
    See also Journal Article Insurance and opportunities: A welfare analysis of labor market risk, Journal of Monetary Economics, Elsevier (2008) View citations (104) (2008)
30. On the Optimal Timing of Capital Taxes
    IEW - Working Papers, Institute for Empirical Research in Economics - University of Zurich View citations (3)
    See also Journal Article On the optimal timing of capital taxes, Journal of Monetary Economics, Elsevier (2008) View citations (8) (2008)
31. Taxes and the Global Allocation of Capital
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
    See also Journal Article Taxes and the global allocation of capital, Journal of Monetary Economics, Elsevier (2008) View citations (31) (2008)

2005

32. A Tractable Framework for Understanding Dispersion in Labor Supply and Consumption
    2005 Meeting Papers, Society for Economic Dynamics View citations (1)
33. Insurance and Opportunities: The Welfare Implications of Rising Wage Dispersion
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (4)
    Also in 2005 Meeting Papers, Society for Economic Dynamics (2005) View citations (8)

2004

34. On the Optimal Timing of Taxes
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (3)
35. The Cross-Sectional Implications of Rising Wage Inequality in the United States
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (48)
36. Two Views of Inequality Over the Life-Cycle
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (2)
    See also Journal Article Two Views of Inequality Over the Life Cycle, Journal of the European Economic Association, MIT Press (2005) View citations (108) (2005)

2003

37. Democratic Public Good Provision
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (14)
    See also Journal Article Democratic public good provision, Journal of Economic Theory, Elsevier (2007) View citations (74) (2007)
38. The Dynamics of Government: A Positive Analysis
    CEPR Discussion Papers, C.E.P.R. Discussion Papers

2002

39. Asset pricing with idiosyncratic risk and overlapping generations
    Seminar Papers, Stockholm University, Institute for International Economic Studies View citations (1)
    Also in Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (1999) View citations (63)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2001) View citations (50)
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business
    See also Journal Article Asset Pricing with Idiosyncratic Risk and Overlapping Generations, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2007) View citations (165) (2007)
40. Consumption and Risk Sharing Over the Life Cycle
    Seminar Papers, Stockholm University, Institute for International Economic Studies View citations (2)
    Also in GSIA Working Papers, Carnegie Mellon University, Tepper School of Business (1997) View citations (50)
    NBER Working Papers, National Bureau of Economic Research, Inc (2000) View citations (30)
    See also Journal Article Consumption and risk sharing over the life cycle, Journal of Monetary Economics, Elsevier (2004) View citations (481) (2004)
41. The Survival of the Welfare State
    Seminar Papers, Stockholm University, Institute for International Economic Studies View citations (2)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2001) View citations (7)
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (2001) View citations (88)
    See also Journal Article The Survival of the Welfare State, American Economic Review, American Economic Association (2003) View citations (189) (2003)

2001

42. Fiscal Implications of Immigration - A Net Present Value Calculation -
    Seminar Papers, Stockholm University, Institute for International Economic Studies View citations (1)
    See also Journal Article Fiscal Implications of Immigration—A Net Present Value Calculation, Scandinavian Journal of Economics, Wiley Blackwell (2003) View citations (84) (2003)

2000

43. The Welfare Cost of Business Cycles Revisited: Finite Lives and Cyclical Variation in Idiosyncratic Risk
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (12)
    See also Journal Article The welfare cost of business cycles revisited: Finite lives and cyclical variation in idiosyncratic risk, European Economic Review, Elsevier (2001) View citations (190) (2001)

1999

44. Equilibrium Unemployment Insurance
    Seminar Papers, Stockholm University, Institute for International Economic Studies View citations (11)
    Also in Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (1999) View citations (11)
    Working Papers, Stockholm - International Economic Studies (1999) View citations (11)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (1999) View citations (11)
45. Sustaining Financial Policy through Immigration
    Working Papers, Stockholm - International Economic Studies

1998

46. Sustaining Fiscal Policy Through Immigration
    Seminar Papers, Stockholm University, Institute for International Economic Studies
    Also in Homapage Papers, Stockholm University, Institute for International Economic Studies View citations (129)
    See also Journal Article Sustaining Fiscal Policy through Immigration, Journal of Political Economy, University of Chicago Press (2000) View citations (390) (2000)
47. The risk sharing implications of alternative social security arrangements
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business View citations (41)
    See also Journal Article The risk-sharing implications of alternative social security arrangements, Carnegie-Rochester Conference Series on Public Policy, Elsevier (1999) View citations (93) (1999)

Undated

48. Immigration Policy and the Aggregate Savings Rate
    Homapage Papers, Stockholm University, Institute for International Economic Studies
49. Persistent Idiosyncratic Income Shocks and Incomplete Markets
    Homapage Papers, Stockholm University, Institute for International Economic Studies
50. Persistent Idiosyncratic Shocks and Incomplete Markets
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business View citations (13)

Journal Articles

2024

1. Dissecting Idiosyncratic Earnings Risk
   Journal of the European Economic Association, 2024, 22, (2), 617-668 View citations (2)
   See also Working Paper Dissecting Idiosyncratic Earnings Risk, Working Papers (2023) View citations (1) (2023)

2022

2. From Imitation to Innovation: Where Is All That Chinese R&D Going?
   Econometrica, 2022, 90, (4), 1615-1654 View citations (29)
   See also Working Paper From Imitation to Innovation: Where Is all that Chinese R&D Going?, CEPR Discussion Papers (2020) View citations (4) (2020)

2020

3. Optimal progressivity with age-dependent taxation
   Journal of Public Economics, 2020, 189, (C) View citations (17)
   See also Working Paper Optimal Progressivity with Age-Dependent Taxation, NBER Working Papers (2019) View citations (1) (2019)
4. Presidential Address 2019: How Should Tax Progressivity Respond to Rising Income Inequality?
   Journal of the European Economic Association, 2020, 18, (6), 2715-2754 View citations (31)

2019

5. Sovereign Debt and Structural Reforms
   American Economic Review, 2019, 109, (12), 4220-59 View citations (13)
   See also Working Paper Sovereign Debt and Structural Reforms, CEPR Discussion Papers (2015) View citations (10) (2015)

2017

6. Optimal Tax Progressivity: An Analytical Framework
   The Quarterly Journal of Economics, 2017, 132, (4), 1693-1754 View citations (353)
   See also Working Paper Optimal Tax Progressivity: An Analytical Framework, CEPR Discussion Papers (2014) View citations (85) (2014)
7. The macroeconomics of the quiet revolution: Understanding the implications of the rise in women’s participation for economic growth and inequality
   Research in Economics, 2017, 71, (3), 521-539 View citations (11)

2016

8. THE POLITICAL COLOR OF FISCAL RESPONSIBILITY
   Journal of the European Economic Association, 2016, 14, (1), 252-302 View citations (48)
   Also in Journal of the European Economic Association, 2016, 14, (1), 252-302 (2016) View citations (42)

2015

9. Sharing High Growth across Generations: Pensions and Demographic Transition in China
   American Economic Journal: Macroeconomics, 2015, 7, (2), 1-39 View citations (69)
   See also Working Paper Sharing High Growth Across Generations: Pensions and Demographic Transition in China, UBSCENTER - Working Papers (2012) View citations (2) (2012)

2014

10. China’s Great Convergence and Beyond
    Annual Review of Economics, 2014, 6, (1), 333-362 View citations (8)
11. Consumption and Labor Supply with Partial Insurance: An Analytical Framework
    American Economic Review, 2014, 104, (7), 2075-2126 View citations (240)
    See also Working Paper Consumption and Labor Supply with Partial Insurance: An Analytical Framework, NBER Working Papers (2009) View citations (29) (2009)
12. Growing (with Capital Controls) like China
    IMF Economic Review, 2014, 62, (3), 327-370 View citations (19)

2012

13. Rotten Parents and Disciplined Children: A Politico‐Economic Theory of Public Expenditure and Debt
    Econometrica, 2012, 80, (6), 2785-2803 View citations (184)
    See also Working Paper Rotten Parents and Disciplined Children: A Politico-Economic Theory of Public Expenditure and Debt, CEPR Discussion Papers (2012) View citations (188) (2012)

2011

14. Growing Like China
    American Economic Review, 2011, 101, (1), 196-233 View citations (583)
    See also Working Paper Growing like China, CEPR Discussion Papers (2009) View citations (43) (2009)

2010

15. The Macroeconomic Implications of Rising Wage Inequality in the United States
    Journal of Political Economy, 2010, 118, (4), 681-722 View citations (386)
    See also Working Paper The Macroeconomic Implications of Rising Wage Inequality in the United States, NBER Working Papers (2008) View citations (75) (2008)

2009

16. Quantitative Macroeconomics with Heterogeneous Households
    Annual Review of Economics, 2009, 1, (1), 319-354 View citations (303)
    See also Working Paper Quantitative Macroeconomics with Heterogeneous Households, NBER Working Papers (2009) View citations (300) (2009)

2008

17. Insurance and opportunities: A welfare analysis of labor market risk
    Journal of Monetary Economics, 2008, 55, (3), 501-525 View citations (104)
    See also Working Paper Insurance and Opportunities: A Welfare Analysis of Labor Market Risk, NBER Working Papers (2007) View citations (1) (2007)
18. On the optimal timing of capital taxes
    Journal of Monetary Economics, 2008, 55, (4), 692-709 View citations (8)
    See also Working Paper On the Optimal Timing of Capital Taxes, IEW - Working Papers (2007) View citations (3) (2007)
19. Taxes and the global allocation of capital
    Journal of Monetary Economics, 2008, 55, (1), 48-61 View citations (31)
    See also Working Paper Taxes and the Global Allocation of Capital, NBER Working Papers (2007) View citations (8) (2007)

2007

20. Asset Pricing with Idiosyncratic Risk and Overlapping Generations
    Review of Economic Dynamics, 2007, 10, (4), 519-548 View citations (165)
    See also Working Paper Asset pricing with idiosyncratic risk and overlapping generations, Seminar Papers (2002) View citations (1) (2002)
21. Comments on: "Hong and Rios-Rull's `Social security, life insurance and annuities for families'"
    Journal of Monetary Economics, 2007, 54, (1), 141-143
22. Democratic public good provision
    Journal of Economic Theory, 2007, 133, (1), 127-151 View citations (74)
    See also Working Paper Democratic Public Good Provision, CEPR Discussion Papers (2003) View citations (14) (2003)

2005

23. A POSITIVE THEORY OF GEOGRAPHIC MOBILITY AND SOCIAL INSURANCE
    International Economic Review, 2005, 46, (1), 263-303 View citations (59)
    See also Working Paper A Positive Theory of Geographic Mobility and Social Insurance, Working Papers (2015) (2015)
24. The dynamics of government
    Journal of Monetary Economics, 2005, 52, (7), 1331-1358 View citations (95)
25. Two Views of Inequality Over the Life Cycle
    Journal of the European Economic Association, 2005, 3, (2-3), 765-775 View citations (108)
    See also Working Paper Two Views of Inequality Over the Life-Cycle, CEPR Discussion Papers (2004) View citations (2) (2004)

2004

26. Consumption and risk sharing over the life cycle
    Journal of Monetary Economics, 2004, 51, (3), 609-633 View citations (481)
    See also Working Paper Consumption and Risk Sharing Over the Life Cycle, Seminar Papers (2002) View citations (2) (2002)
27. Cyclical Dynamics in Idiosyncratic Labor Market Risk
    Journal of Political Economy, 2004, 112, (3), 695-717 View citations (462)

2003

28. Dynamic Political Choice In Macroeconomics
    Journal of the European Economic Association, 2003, 1, (2-3), 543-552 View citations (4)
29. Fiscal Implications of Immigration—A Net Present Value Calculation
    Scandinavian Journal of Economics, 2003, 105, (3), 487-506 View citations (84)
    See also Working Paper Fiscal Implications of Immigration - A Net Present Value Calculation -, Seminar Papers (2001) View citations (1) (2001)
30. The Research Agenda: Kjetil Storesletten on Inequality in Macroeconomics
    EconomicDynamics Newsletter, 2003, 5, (1) View citations (1)
31. The Survival of the Welfare State
    American Economic Review, 2003, 93, (1), 87-112 View citations (189)
    See also Working Paper The Survival of the Welfare State, Seminar Papers (2002) View citations (2) (2002)

2001

32. How Important Are Idiosyncratic Shocks? Evidence from Labor Supply
    American Economic Review, 2001, 91, (2), 413-417 View citations (58)
33. The welfare cost of business cycles revisited: Finite lives and cyclical variation in idiosyncratic risk
    European Economic Review, 2001, 45, (7), 1311-1339 View citations (190)
    See also Working Paper The Welfare Cost of Business Cycles Revisited: Finite Lives and Cyclical Variation in Idiosyncratic Risk, NBER Working Papers (2000) View citations (12) (2000)

2000

34. Sustaining Fiscal Policy through Immigration
    Journal of Political Economy, 2000, 108, (2), 300-323 View citations (390)
    See also Working Paper Sustaining Fiscal Policy Through Immigration, Seminar Papers (1998) (1998)

1999

35. The risk-sharing implications of alternative social security arrangements
    Carnegie-Rochester Conference Series on Public Policy, 1999, 50, (1), 213-259 View citations (93)
    See also Working Paper The risk sharing implications of alternative social security arrangements, GSIA Working Papers (1998) View citations (41) (1998)