Review of Economic Dynamics

1998 - 2025

Current editor(s): Loukas Karabarbounis

From Elsevier for the Society for Economic Dynamics
Contact information at EDIRC.
Bibliographic data for series maintained by Christian Zimmermann ().

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Volume 58, month October, 2025

Entrepreneurial Rates of Return and Wealth Inequality

Bettina Brueggemann and Zachary Mahone

On the Transition to Sustained Growth: The Importance of Recent Agricultural Employment

B Ravikumar and Guillaume Vandenbroucke

Volume 57, month July, 2025

Worker-Firm Screening and the Business Cycle

Jake Bradley

Securitization and House Price Growth

Genevieve Nelson

Searching for Wage Growth: Policy Responses to the Robot Revolution

Andrew Berg, Edward Buffie, Mariarosaria Comunale, Chris Papageorgiou and Luis-Felipe Zanna

The Neoclassical Model and the Welfare Costs of Selection"

Fabrice Collard and Omar Licandro

Solving DSGE models with incomplete markets by perturbation

Guillermo Hausmann-Guil

Strategic Complementarity in Labor Demand: Evidence from US Industry Leading Firms

Andrew Yizhou Liu

The Distribution of Household Debt in the United States, 1950-2022

Alina Bartscher, Moritz Kuhn, Moritz Schularick and Ulrike Steins

Volume 56, month April, 2025

Does the Added Worker Effect Matter?

Nezih Guner, Yuliya Kulikova and Arnau Valladares-Esteban

"Aggregate Fluctuations and the Role of Trade Credit

Lin Shao

A Multisector Perspective on Wage Stagnation

L. Rachel Ngai and Orhun Sevinc

Monetary Policy Over the Lifecycle

R. Braun and Daisuke Ikeda

Monetary policy stabilization in a new Keynesian model under climate change

George Economides and Anastasios Xepapadeas

Public Financing Under Balanced Budget Rules

Minjie Deng and Chang Liu

Family Policies and Child Skill Accumulation

Emily Moschini and Monica Tran-Xuan

Capitalization of Intellectual Property Products Does Not Explain the Decline in the Labor Share

Simcha Barkai, Surech Nallareddy and Maria Ogneva

Habit Formation and News-driven Business Cycles

Fengqi Liu, Keqing Liu and Jianpo Xue

Unconventional Monetary and Fiscal Policy

Jing Cynthia Wu and Yinxi Xie

Volume 55, month January, 2025

One Rule Fits All? Heterogeneous Fiscal Rules for Commodity Exporters When Price Shocks Can Be Persistent: Theory and Evidence

Arthur Mendes and Steven Pennings

Cyclical Worker Flows: Cleansing vs. Sullying

John Haltiwanger, Henry Hyatt, Erika McEntarfer and Matthew Staiger

Means-Tested Programs and Interstate Migration in the United States

Alvaro Jañez

Home Construction Financing and Search Frictions in the Housing Market

Miroslav Gabrovski and Victor Ortego-Marti

Mergers, Firm Size, and Volatility in a Granular Economy

Jackie M.L. Chan and Han (Steffan) Qi

Monetary Non-Neutrality in a Multisector Economy: The Role of Risk-Sharing

Jae Won Lee and Seunghyeon Lee

A Job Ladder Model of Executive Compensation

Bo Hu

Migration Spillovers Within Families: Evidence from Thailand

Travis Baseler

Volume 54, month October, 2024

Public wages, public employment, and business cycle volatility: Evidence from U.S. metro areas

Claire Reicher and Vincenzo Caponi

The Macroeconomics of Hedging Income Shares

Adriana Grasso, Juan Passadore and Facundo Piguillem

Shocks to Inflation Expectations

Jonathan Adams and Philip Barrett

Immigration, Legal Status and Fiscal Impact

Andri Chassamboulli and Xiangbo Liu

Coordinating in Financial Crises

Caio Machado

A Unified Approach to Determinacy Conditions with Regime Switching

Jean Barthélemy, Seonghoon Cho and Magali Marx

Filtering economic time series: On the cyclical properties of Hamilton’s regression filter and the Hodrick-Prescott filter

Yves Schueler

Real-time forward-looking skewness over the business cycle

Ian Dew-Becker

Volume 53, month July, 2024

Information acquisition and price discrimination in dynamic, decentralized markets pp. 1-46

Michael Choi and Guillaume Rocheteau

Are Zero-Covid Policies Optimal? pp. 47-70

Andrew Abel and Stavros Panageas

Bubbly Booms and Welfare pp. 71-122

Feng Dong, Yang Jiao and Haoning Sun

Training and Search On the Job pp. 123-146

Rasmus Lentz and Nicolas Roys

Input Delays, Firm Dynamics, and Misallocation in Sub-Saharan Africa pp. 147-172

Idossou Marius Adom and Immo Schott

Optimal Unemployment Insurance in a THANK Model pp. 173-193

Stéphane Auray and Aurélien Eyquem

Expectations and the Neutrality of Interest Rates pp. 194-223

John Cochrane

Social Optimal Search Intensity in Over-the-Counter Markets pp. 224-282

Shuo Liu

Volume 52, month April, 2024

Blocking Patents, Rent Protection and Economic Growth" pp. 1-20

Michael Klein and Yibai Yang

Optimal Taxation in the Life Cycle with Human Capital Investment pp. 21-45

Been-Lon Chen and Fei-Chi Liang

Changing Marital Transitions and Homeownership Among Young Households pp. 46-63

Minsu Chang

Revisiting Speculative Hyperinflations in Monetary Models: A Rejoinder pp. 64-69

Behzad Diba and Olivier Loisel

Building the City Under Financial Frictions pp. 70-83

David Gomtsyan

Unmarried Births: Accounting and Equilibrium Analysis" pp. 84-109

John Kennes and John Knowles

Volume 51, month December, 2023

The fundamental surplus revisited pp. 1-15

Bingsong Wang

Agency Frictions, Managerial Compensation, and Disruptive Innovations pp. 16-38

Murat Celik and Xu Tian

Heterogeneous Spillovers of Housing Credit Policy pp. 39-59

Myroslav Pidkuyko

The Extent of Downward Nominal Wage Rigidity: New Evidence from Payroll Data pp. 60-76

Daniel Schaefer and Carl Singleton

Reassessing Trade Barriers with Global Production Networks pp. 77-116

Yuko Imura

The Risk-Premium Channel of Uncertainty: Implications for Unemployment and Inflation pp. 117-137

Lukas Freund, Hanbaek Lee and Pontus Rendahl

Wage Dispersion with Heterogeneous Wage Contracts pp. 138-160

Cynthia Doniger

Misallocation and Markups: Evidence from Indian Manufacturing pp. 161-176

Yan Liang

Misallocation and Intersectoral linkages pp. 177-198

Sophie Osotimehin and Latchezar Popov

Global GDSGE Models pp. 199-225

Dan Cao, Wenlan Luo and Guangyu Nie

Retirement Timing Uncertainty: Empirical Evidence and Quantitative Evaluation pp. 226-266

Frank Caliendo, Maria Casanova, Aspen Gorry and Sita Slavov

General Equilibrium with Multiple Liquid Assets pp. 267-291

Lukas Altermatt, Kohei Iwasaki and Randall Wright

When to Lock, Not Whom: Managing Epidemics Using Time-Based Restrictions pp. 292-321

Yinon Bar-On, Tatiana Baron, Ofer Cornfeld and Eran Yashiv

Financial constraints and economic development: the role of firm productivity investment pp. 322-342

Galina Vereshchagina

Credit Markets, Relationship Lending, and the Dynamics of Firm Entry pp. 343-369

Qingqing Cao, Paolo Giordani, Raoul Minetti and Pierluigi Murro

The Paradox of Price Flexibility in an Open Economy pp. 370-392

Daeha Cho, Kwang Hwan and Sukjoon Kim

Does my model predict a forward guidance puzzle? pp. 393-423

Christopher Gibbs and Nigel McClung

On the black-white gaps in labor supply and earnings over the lifecycle in the US pp. 424-449

Christopher Rauh and Arnau Valladares-Esteban

Market Uncertainty and International Trade pp. 450-478

Haichao Fan, Guangyu Nie and Zhiwei Xu

Revisiting Capital-Skill Complementarity, Inequality, and Labor Share pp. 479-505

Lee Ohanian, Musa Orak and Shihan Shen

Trend Inflation and Evolving Inflation Dynamics:A Bayesian GMM Analysis pp. 506-520

Yasufumi Gemma, Takushi Kurozumi and Mototsugu Shintani

Identifying Preferences when Households are Financially Constrained pp. 521-546

Andreas Tryphonides

Accounting for Limited Commitment between Spouses when Estimating Labor-Supply pp. 547-578

Christian Bredemeier, Jan Gravert and Falko Juessen

Rescue policies for small businesses in the Covid-19 recession pp. 579-603

Alessandro Di Nola, Leo Kaas and Haomin Wang

Money Laundering and the Privacy Design of Central Bank Digital Currency pp. 604-632

Zijian Wang

Low safe interest rates: A case for dynamic inefficiency? pp. 633-656

Gaetano Bloise and Pietro Reichlin

The Preferential Treatment of Green Bonds pp. 657-676

Francesco Giovanardi, Matthias Kaldorf, Lucas Radke and Florian Wicknig

Incarceration, Employment and Earnings: Dynamics and Differences pp. 677-697

Grey Gordon, John Jones, Urvi Neelakantan and Kartik Athreya

Slow Recoveries, Endogenous Growth and Macro-prudential Policy pp. 698-715

Dario Bonciani, David Gauthier and Derrick Kanngiesser

Fiscal Policy and the Monetary Transmission Mechanism pp. 716-746

Nicolas Caramp and Dejanir Silva

Optimal GDP-indexed Bonds pp. 747-777

Yasin Onder

Climate Policy, Financial Frictions, and Transition Risk pp. 778-794

Stefano Carattini, Garth Heutel and Givi Melkadze

Demand, Growth, and Deleveraging pp. 795-812

Brian Greaney and Conor Walsh

Marginal Propensity to Consume and Unemployment: a Meta-analysis pp. 813-846

Anna Sokolova

Optimal Income Taxation: An Urban Economics Perspective pp. 847-866

Mark Huggett and Wenlan Luo

Inflation Gap Persistence, Indeterminacy, and Monetary Policy pp. 867-887

Yasuo Hirose, Takushi Kurozumi and Willem Van Zandweghe

Bequest Motives and the Social Security Notch pp. 888-914

Siha Lee and Kegon Tan

Invariance of Unemployment and Vacancy Dynamics with Respect to Diminishing Returns to Labor at the Firm Level pp. 915-942

Bjoern Bruegemann

Capital and Labor Taxes with Costly State Contingency pp. 943-964

Alex Clymo, Andrea Lanteri and Alessandro Villa

Dynamic Bank Capital Regulation in the Presence of Shadow Banks pp. 965-990

Arsenii Mishin

The costs of macroprudential deleveraging in a liquidity trap" pp. 991-1011

Jiaqian Chen, Daria Finocchiaro, Jesper Lindé and Karl Walentin

A Bayesian DSGE Approach to Modelling Cryptocurrency" pp. 1012-1035

Stylianos Asimakopoulos, Marco Lorusso and Francesco Ravazzolo

Welfare-enhancing inflation and liquidity premia pp. 1036-1047

David Andolfatto and Fernando Martin

Contract Enforcement and Preventive Healthcare: Theory and Evidence pp. 1048-1094

Shiv Dixit

Intertemporal Substitution in Labor Supply: A Meta-Analysis pp. 1095-1113

Ali Elminejad, Tomas Havranek, Roman Horvath and Zuzana Irsova

Business Ownership and the Secondary Market pp. 1114-1158

Zachary Mahone

Revisiting Taxes on High Incomes pp. 1159-1184

Ayse Imrohoroglu, Cagri Kumru, Jiu Lian and Arm Nakornthab