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 42, month October, 2021

The Hammer and the Scalpel: On the Economics of Indiscriminate versus Targeted Isolation Policies during Pandemics pp. 1-14

Varadarajan Chari, Rishabh Kirpalani and Christopher Phelan

Technology Diffusion pp. 15-36

Nancy Stokey

Learning through Coworker Referrals pp. 37-71

Albrecht Glitz and Rune Vejlin

Gradual Bargaining in Decentralized Asset Markets pp. 72-109

Guillaume Rocheteau, Tai-Wei Hu, Lucie Lebeau and Younghwan In

Optimal Debt Maturity and Firm Investment pp. 110-132

Joachim Jungherr and Immo Schott

Short-Run Dynamics in a Search-Theoretic Model of Monetary Exchange pp. 133-155

Jonathan Chiu and Miguel Molico

Taxation and Inequality: Active and Passive Channels pp. 156-177

Estelle Dauchy, Francisco Navarro-Sanchez and Nathan Seegert

AIDS, Human Capital and Development pp. 178-193

Rodolfo Manuelli and Emircan Yurdagul

Dynamic Optimal Fiscal Policy in a Transfer Union pp. 194-238

Till Gross

Labor Market Dynamics and the Migration Behavior of Married Couples pp. 239-263

Christine Braun, Edwin Nusbaum and Peter Rupert

Did the American Recovery and Reinvestment Act Help Counties Most Affected by the Great Recession? pp. 264-282

Mario Crucini and Nam Vu

Cyclical Lending Standards: A Structural Analysis pp. 283-306

Kaiji Chen, Patrick Higgins and Tao Zha

Resource Booms and the Macroeconomy: The Case of U.S. Shale Oil pp. 307-332

Nida Cakir Melek, Michael Plante and Mine Yucel

Optimal Monetary Policy Regime Switches pp. 333-346

Jason Choi and Andrew Foerster

Volume 41, month July, 2021

Introduction to the Special Issue in Memory of Alejandro Justiniano pp. 1-3

Leonardo Melosi, Giorgio Primiceri and Andrea Tambalotti

Why is Unemployment so Countercyclical? pp. 4-37

Lawrence Christiano, Martin Eichenbaum and Mathias Trabandt

The fundamental surplus strikes again pp. 38-51

Lars Ljungqvist and Thomas Sargent

Output Gap, Monetary Policy Trade-offs, and Financial Frictions pp. 52-70

Francesco Furlanetto, Paolo Gelain and Marzie Taheri Sanjani

Optimal Monetary Policy and Liquidity with Heterogeneous Households pp. 71-95

Florin Bilbiie and Xavier Ragot

Piecewise-Linear Approximations and Filtering for DSGE Models with Occasionally Binding Constraints pp. 96-120

S. Boragan Aruoba, Pablo Cuba-Borda, Kenji Higa-Flores, Frank Schorfheide and Sergio Villalvazo

A Toolkit for Solving Models with a Lower Bound on Interest Rates of Stochastic Duration pp. 121-173

Gauti Eggertsson, Sergey Egiev, Alessandro Lin, Josef Platzer and Luca Riva

Non-Rational Beliefs in an Open Economy pp. 174-204

Qingyuan Du, Stefano Eusepi and Bruce Preston

Why were interest only mortgages so population during U.S. housing boom? pp. 205-224

Gadi Barlevy and Jonas Fisher

Central Bank Digital Currency: Central Banking For All? pp. 225-242

Jesus Fernandez-Villaverde, Daniel Sanches, Linda Schilling and Harald Uhlig

Discretion rather than rules: Equilibrium uniqueness and forward guidance with inconsistent optimal plans pp. 243-254

Jeffrey Campbell and Jacob Weber

Mobility, Population Growth, and Public Capital Spending in the United States pp. 255-277

Marco Bassetto and Leslie McGranahan

Volume 40, month April, 2021

Revisiting speculative hyperinflations in monetary models pp. 1-11

Maurice Obstfeld and Kenneth Rogoff

Technology and Skill: Twin Engines of Growth pp. 12-43

Nancy Stokey

Misallocation and Financial Frictions: the Role of Long-Term Financing pp. 44-63

Marios Karabarbounis and Patrick Macnamara

Optimal Taxation with Home Ownership and Wealth Inequality pp. 64-84

Nicola Borri and Pietro Reichlin

Costly reversals of bad policies: the case of the mortgage interest deduction pp. 85-107

Markus Karlman, Karin Kinnerud and Kasper Kragh-Sørensen

Labor Supply Shocks and the Beveridge Curve: Empirical Evidence from EU Enlargement pp. 108-127

Stefan Schiman

Asset maintenance as hidden investment among the poor and rich: Application to housing pp. 128-145

Manuel Hernandez and Danilo Trupkin

Opacity: Insurance and Fragility pp. 146-169

Ryuichiro Izumi

Optimal Taxation to Correct Job Mismatching pp. 170-197

Guillaume Wilemme

The Aggregate Consequences of Tax Evasion pp. 198-227

Alessandro Di Nola, Georgi Kocharkov, Almuth Scholl and Anna-Mariia Tkhir

Social Security Reform in the Presence of Informality pp. 228-251

Kathleen McKiernan

On the Distributional Effects of Bank Bailouts pp. 252-277

Josef Schroth

The Euro Area Periphery and Imbalances: Is it an Anticipation Story? pp. 278-308

Daniele Siena

The Role of Headhunters in Wage Inequality: It's All about Matching pp. 309-346

Alexey Gorn

Volume 39, month January, 2021

Rare Events and Long-Run Risks pp. 1-25

Robert Barro and Tao Jin

Involuntary Unemployment and the Business Cycle pp. 26-54

Lawrence Christiano, Mathias Trabandt and Karl Walentin

Inflation-default trade-off without a nominal anchor: The case of Greece pp. 55-78

Yasin Onder and Enes Sunel

Endogenous Hours and the Wealth of Entrepreneurs pp. 79-99

Felix Wellschmied and Emircan Yurdagul

De-leveraging or de-risking? How banks cope with loss pp. 100-127

Rhys Bidder, John Krainer and Adam Shapiro

Increasing Domestic Financial Participation: Implications for Business Cycles and Labor Markets pp. 128-145

Brendan Epstein and Alan Finkelstein Shapiro

Production Network Structure, Service Share, and Aggregate Volatility pp. 146-173

Jorge Miranda-Pinto

The Politics of Flat Taxes pp. 174-201

Daniel Carroll, Jim Dolmas and Eric Young

Trade diversion is reversed in the long run pp. 202-219

Takumi Naito

Inter-Dealer Trades in OTC Markets - Who Buys and Who Sells? pp. 220-257

Chung-Yi Tse and Yujing Xu

Search Frictions and the Business Cycle in a Small Open Economy DSGE Model pp. 258-279

Juan Guerra-Salas, Markus Kirchner and Rodrigo Tranamil

Unobserved Heterogeneity and Skill Loss in a Structural Model of Duration Dependence pp. 280-303

Ioannis Kospentaris

Engines of sectoral labor productivity growth pp. 304-343

Zsofia Barany and Christian Siegel

Jumping the queue: nepotism and public-sector pay pp. 344-366

Andri Chassamboulli and Pedro Gomes