Details about Jonathan L. Willis

Access statistics for papers by Jonathan L. Willis.

Last updated 2024-12-06. Update your information in the RePEc Author Service.

Short-id: pwi160

Working Papers

2024

1. Declining Responsiveness at the Establishment Level: Sources and Productivity Implications
   NBER Working Papers, National Bureau of Economic Research, Inc
   Also in FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2024)
2. Reviving Micro Real Rigidities: The Importance of Demand Shocks
   NBER Working Papers, National Bureau of Economic Research, Inc

2023

3. Real Rigidities, Firm Dynamics, and Monetary Nonneutrality: The Role of Demand Shocks
   FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta

2017

4. Declining Dynamism at the Establishment Level
   2017 Meeting Papers, Society for Economic Dynamics
5. How Has Job Polarization Contributed to the Increase in Non-Participation of Prime-Age Men?
   2017 Meeting Papers, Society for Economic Dynamics

2015

6. Discounting: Investment Sensitivity and Aggregate Implications
   2015 Meeting Papers, Society for Economic Dynamics View citations (2)

2014

7. New exporter dynamics
   Research Working Paper, Federal Reserve Bank of Kansas City View citations (20)
   Also in 2009 Meeting Papers, Society for Economic Dynamics (2009) View citations (8)
   See also Journal Article NEW EXPORTER DYNAMICS, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (2017) View citations (26) (2017)

2012

8. Sectoral Interactions and Monetary Policy Under Costly Price Adjustments
   2012 Meeting Papers, Society for Economic Dynamics
   See also Journal Article Sectoral Interactions and Monetary Policy under Costly Price Adjustments, Annals of Economics and Finance, Society for AEF (2018) (2018)

2011

9. Non-convexities, Interest Rates and the Monetary Transmission Process
   2011 Meeting Papers, Society for Economic Dynamics

2010

10. Euler-Equation Estimation for Discrete Choice Models: A Capital Accumulation Application
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (13)
    Also in Economics Working Papers, European University Institute (2010) View citations (11)
    Working Papers, U.S. Census Bureau, Center for Economic Studies (2010) View citations (14)
    Research Working Paper, Federal Reserve Bank of Kansas City (2010) View citations (11)

2009

11. Matching Micro and Macro Facts in a Model of State-Dependent Pricing
    2009 Meeting Papers, Society for Economic Dynamics
12. Mind the (approximation) gap: a robustness analysis
    Research Working Paper, Federal Reserve Bank of Kansas City View citations (1)

2007

13. Implications of Search Frictions: Matching Aggregate and Establishment-level Observations
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (89)
14. Measuring export entry costs
    2007 Meeting Papers, Society for Economic Dynamics
15. Real Rigidities and Nominal Price Changes
    2007 Meeting Papers, Society for Economic Dynamics View citations (3)
    Also in Research Working Paper, Federal Reserve Bank of Kansas City (2006) View citations (87)
    See also Journal Article Real Rigidities and Nominal Price Changes, Economica, London School of Economics and Political Science (2016) View citations (59) (2016)

2006

16. Empirical evidence on models of rational inattention
    2006 Meeting Papers, Society for Economic Dynamics
17. Hours and employment implications of search frictions: matching aggregate and establishment-level observations
    Research Working Paper, Federal Reserve Bank of Kansas City View citations (1)
18. Sticky information and sticky prices
    Research Working Paper, Federal Reserve Bank of Kansas City View citations (13)
    See also Journal Article Sticky information and sticky prices, Journal of Monetary Economics, Elsevier (2007) View citations (73) (2007)

2005

19. GMM for Discrete Choice Models: A Capital Accumulation Application
    2005 Meeting Papers, Society for Economic Dynamics View citations (2)

2004

20. Dynamics of Labor Demand: Evidence from Plant-level Observations and Aggregate Implications
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (57)
    Also in Research Working Paper, Federal Reserve Bank of Kansas City (2003) View citations (19)
    See also Journal Article Dynamics of labor demand: Evidence from plant-level observations and aggregate implications, Research in Economics, Elsevier (2015) View citations (31) (2015)

2003

21. The Cost of Labor Adjustment: Inferences from the Gap
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (13)
    Also in Research Working Paper, Federal Reserve Bank of Kansas City (2002) View citations (5)
    See also Journal Article The Cost of Labor Adjustment: Inferences from the Gap, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2009) View citations (51) (2009)
22. The economics of labor adjustment: mind the gap
    Staff Report, Federal Reserve Bank of Minneapolis View citations (8)
    Also in Research Working Paper, Federal Reserve Bank of Kansas City (2003) View citations (8)
    Research Working Paper, Federal Reserve Bank of Kansas City (2001) View citations (24)
    NBER Working Papers, National Bureau of Economic Research, Inc (2001) View citations (13)

2001

23. Magazine prices revisited
    Research Working Paper, Federal Reserve Bank of Kansas City View citations (7)
    See also Journal Article Magazine prices revisited, Journal of Applied Econometrics, John Wiley & Sons, Ltd. (2006) View citations (5) (2006)

2000

24. Estimation of adjustment costs in a model of state-dependent pricing
    Research Working Paper, Federal Reserve Bank of Kansas City View citations (33)

1995

25. Targeting inflation in the 1990s: recent challenges
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (3)

Journal Articles

2024

1. What Accounts for the Growing Divergence between Employment Measures?
   Policy Hub, 2024, 2024, (6), 17

2023

2. Do Credit Supply Shocks Constrain Employment Growth of Small and Medium-Sized Enterprises?
   Policy Hub, 2023, 2023, (5) View citations (1)

2018

3. Sectoral Interactions and Monetary Policy under Costly Price Adjustments
   Annals of Economics and Finance, 2018, 19, (2), 337-374
   See also Working Paper Sectoral Interactions and Monetary Policy Under Costly Price Adjustments, 2012 Meeting Papers (2012) (2012)

2017

4. NEW EXPORTER DYNAMICS
   International Economic Review, 2017, 58, (3), 703-726 View citations (26)
   See also Working Paper New exporter dynamics, Research Working Paper (2014) View citations (20) (2014)
5. Stuck in Part-Time Employment
   Macro Bulletin, 2017, 1-3

2016

6. Real Rigidities and Nominal Price Changes
   Economica, 2016, 83, (331), 443-472 View citations (59)
   See also Working Paper Real Rigidities and Nominal Price Changes, 2007 Meeting Papers (2007) View citations (3) (2007)
7. What is Behind the Recent Increase in Labor Force Participation?
   Macro Bulletin, 2016, 1-4

2015

8. Dynamics of labor demand: Evidence from plant-level observations and aggregate implications
   Research in Economics, 2015, 69, (1), 37-50 View citations (31)
   See also Working Paper Dynamics of Labor Demand: Evidence from Plant-level Observations and Aggregate Implications, NBER Working Papers (2004) View citations (57) (2004)
9. Has the U.S. economy become less interest rate sensitive?
   Economic Review, 2015, (Q II), 5-36 View citations (8)
   Also in Macro Bulletin, 2015, 1-3 (2015) View citations (4)
10. Opportunity knocks: improved matching of jobs and workers
    Macro Bulletin, 2015, 1-3

2014

11. Kansas City Fed's Labor Market Conditions Indicators (LMCI)
    Macro Bulletin, 2014, 1-2 View citations (2)

2013

12. Assessing labor market conditions: the level of activity and the speed of improvement
    Macro Bulletin, 2013, (july18), 1-2 View citations (6)
13. The vanishing middle: job polarization and workers’ response to the decline in middle-skill jobs
    Economic Review, 2013, 98, (Q I), 5-32 View citations (15)

2011

14. Employment patterns during the recovery: Who are getting the jobs and why?
    Economic Review, 2011, (Q III), 5-34

2010

15. Coordination of expectations in the recent crisis: private actions and policy responses
    Economic Review, 2010, 95, (Q I), 5-39 View citations (2)

2009

16. A Comment on the Economics of Labor Adjustment: Mind the Gap: Evidence from a Monte Carlo Experiment: Reply
    American Economic Review, 2009, 99, (5), 2267-76 View citations (1)
17. The Cost of Labor Adjustment: Inferences from the Gap
    Review of Economic Dynamics, 2009, 12, (4), 632-647 View citations (51)
    See also Software Item Code and data files for "The Cost of Labor Adjustment", Computer Codes (2008) (2008)
    Working Paper The Cost of Labor Adjustment: Inferences from the Gap, NBER Working Papers (2003) View citations (13) (2003)

2007

18. Search frictions: Matching aggregate and establishment observations
    Journal of Monetary Economics, 2007, 54, (Supplement 1), 56-78 View citations (117)
19. Sticky information and sticky prices
    Journal of Monetary Economics, 2007, 54, (Supplement 1), 79-99 View citations (73)
    See also Working Paper Sticky information and sticky prices, Research Working Paper (2006) View citations (13) (2006)
20. What happened to the gains from strong productivity growth?
    Economic Review, 2007, 92, (Q I), 5-23 View citations (6)

2006

21. Magazine prices revisited
    Journal of Applied Econometrics, 2006, 21, (3), 337-344 View citations (5)
    Also in Journal of Applied Econometrics, 2006, 21, (3), 337-344 (2006) View citations (19)
    See also Working Paper Magazine prices revisited, Research Working Paper (2001) View citations (7) (2001)

2004

22. A Comment on the Economics of Labor Adjustment: Mind the Gap
    American Economic Review, 2004, 94, (4), 1223-1237 View citations (36)
23. A Comment on the Economics of Labor Adjustment: Mind the Gap: Rejoinder
    American Economic Review, 2004, 94, (4), 1245-1247 View citations (34)
24. What impact will E-commerce have on the U.S. economy?
    Economic Review, 2004, 89, (Q II), 53-71 View citations (3)

2003

25. Implications of structural changes in the U.S. economy for pricing behavior and inflation dynamics
    Economic Review, 2003, 88, (Q I), 5-27 View citations (26)

Software Items

2008

1. Code and data files for "The Cost of Labor Adjustment"
   Computer Codes, Review of Economic Dynamics
   See also Journal Article The Cost of Labor Adjustment: Inferences from the Gap, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2009) View citations (51) (2009)