Economic Policy Paper

From Federal Reserve Bank of Minneapolis
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18-1: Improving the Analysis of Trade Policy: Timothy Kehoe, Pau Pujolas and Jack Rossbach
17-5: On the Importance of Easing Consumer Credit Frictions: Patrick Kehoe, Virgiliu Midrigan and Elena Pastorino
17-4: Who Defaults on Their Mortgage, and Why? Policy Implications for Reducing Mortgage Default: Lee Ohanian
17-3: Reforming the European Monetary Union: Varadarajan Chari, Alessandro Dovis and Patrick Kehoe
17-2: Container Imports and the Advantage of Size: Thomas Holmes and Ethan Singer
17-1: The Great Recession: A Macroeconomic Earthquake: Lawrence Christiano
16-12: Insuring Against Adverse Outcomes at Birth: Christopher Phelan
16-11: Innovation and Growth with Frictions: Randall Wright
16-10: Real Interest Rates over the Long Run: Kei-Mu Yi and Jing Zhang
16-9: China’s Foreign Investment: Ellen McGrattan
16-8: Self-fulfilling Prophecies in Sovereign Debt Markets: Juan Pablo Nicolini
16-7: Foreclosure Delay and the U.S. Labor Market: Kyle Herkenhoff and Lee Ohanian
16-6: The Stages of Economic Growth Revisited, Part 2: Catching Up to and Joining the Economic Leader: Daniela Costa, Timothy Kehoe and Gajendran Raveendranathan
16-5: The Stages of Economic Growth Revisited: Part 1: A General Framework and Taking Off into Growth: Daniela Costa, Timothy Kehoe and Gajendran Raveendranathan
16-4: Financial Repression: Evidence and Theory: Varadarajan Chari, Alessandro Dovis and Patrick Kehoe
16-3: The Great Recession and Financial Shocks: Zhen Huo and José-Víctor Ríos-Rull
16-2: Are Prices Sticky and Does It Matter?: Liang Wang and Randall Wright
16-1: A Proposal to Eliminate the Distortions Caused by Bailouts: Varadarajan Chari and Patrick Kehoe
15-9: Our Guild-Ridden Economy: Issues and Possible Solutions: Morris M. Kleiner
15-8: Should We Worry About Excess Reserves?: Christopher Phelan
15-7: Monetary Policy and Employment: Ellen McGrattan
15-6: On the Ethics of Redistribution: Varadarajan Chari and Christopher Phelan
15-5: How Rich Will China Become?: Jingyi Jiang and Kei-Mu Yi
15-4: Taxing Wealth: Ellen McGrattan
15-3: Macroeconomic Policy and Household Economics: Mei Dong, Ling Sun and Randall Wright
15-2: Macroeconomic Policy during a Credit Crunch: Juan Pablo Nicolini
15-1: The Costs of Quid Pro Quo: Thomas Holmes, Ellen McGrattan and Edward Prescott
14-6: Competition and the Decline of the Rust Belt: Lee Ohanian
14-5: The Optimal Extraction of Exhaustible Resources: Varadarajan Chari and Lawrence Christiano
14-4: Paychecks or Promises? Lessons from the Death Spiral of Detroit: Thomas Holmes and Lee Ohanian
14-3: Too Correlated to Fail: Varadarajan Chari and Christopher Phelan
14-2: Growing Risk in the Insurance Sector: Ralph S. J. Koijen and Motohiro Yogo
14-1: Assessing Community Bank Consolidation: Ron J. Feldman and Paul Schreck
13-6: Is there a stable Phillips Curve after all?: Terry Fitzgerald, Brian Holtemeyer and Juan Pablo Nicolini
13-5: Realistic neoclassical multiplier: Zhen Huo and José-Víctor Ríos-Rull
13-4: What will happen when foreigners stop lending to the United States?: Timothy Kehoe, Kim Ruhl and Joseph Steinberg
13-3: Quantifying the costs of additional regulation on community banks: Ron J. Feldman, Ken Heinecke and Jason Schmidt
13-2: New manufacturing investment and unions: Thomas Holmes
13-1: The \\"banks\\" we do need: Varadarajan Chari and Christopher Phelan
12-5: New and Larger Costs of Monopoly and Tariffs: James Schmitz
12-4: Chronic sovereign debt crises in the Eurozone, 2010-2012: Cristina Arellano, Juan Carlos Conesa and Timothy Kehoe
12-3: What assets should banks be allowed to hold?: Varadarajan Chari and Christopher Phelan
12-2: Models of government expenditure multipliers: Sebastian Dyrda and José-Víctor Ríos-Rull
12-1: Inequality and redistribution during the Great Recession: Fabrizio Perri and Joseph Steinberg
11-5: Policies to stimulate innovation: Andrew Atkeson and Ariel Burstein
11-4: The case of the disappearing large-employer manufacturing plants: not much of a mystery after all: Thomas Holmes
11-3: Liquidity crises: Robert Lucas and Nancy Stokey
11-2: A sharp drop in interstate migration? not really: Greg Kaplan and Sam Schulhofer-Wohl
11-1: Accounting for the Great Recession: Lee Ohanian
10-5: Damage control? analyzing policies to repair credit markets: Varadarajan Chari, Ali Shourideh and Ariel Zetlin-Jones
10-4: Tax buyouts: raising government revenue without distorting work decisions: Marco Del Negro, Fabrizio Perri and Fabiano Schivardi
10-3: Taxing risk and the optimal regulation of financial institutions: Narayana Kocherlakota
10-2: Forcing financial institution change through credible recovery/resolution plans: an alternative to plan-now/implement-later living wills: Ron J. Feldman
10-1: Thoughts on the Federal Reserve System's exit strategy: Varadarajan Chari
09-1: Incentive compensation in the banking industry: insights from economic theory: Douglas Clement and Christopher Phelan