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Working Papers

From Federal Reserve Bank of Minneapolis
Contact information at EDIRC.

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704: Women's emancipation through education: a macroeconomic analysis Downloads
Fatih Guvenen and Michelle Rendall
703: The Stolper-Samuelson effects of a decline in aggregate consumption Downloads
Erzo Luttmer
702: Optimal devaluations Downloads
Constantino Hevia and Juan Pablo Nicolini
701: Real-time forecasting with a mixed-frequency VAR Downloads
Frank Schorfheide and Dongho Song
700: Migration, congestion externalities, and the evaluation of spatial investments Downloads
Taryn Dinkelman and Sam Schulhofer-Wohl
699: Eventually, noise and imitation implies balanced growth Downloads
Erzo Luttmer
698: Unconventional fiscal policy at the zero bound Downloads
Isabel Correia, Emmanuel Farhi, Juan Pablo Nicolini and Pedro Teles
697: Understanding the long-run decline in interstate migration Downloads
Greg Kaplan and Sam Schulhofer-Wohl
696: Slow convergence in economies with firm heterogeneity Downloads
Erzo Luttmer
695: Clearing arrangements in the United States before the Federal Reserve System Downloads
Warren Weber
694: The labor productivity puzzle Downloads
Ellen McGrattan and Edward Prescott
693: Catch-up growth followed by stagnation: Mexico, 1950–2010 Downloads
Timothy Kehoe and Felipe Meza
692: On efficiently financing retirement Downloads
Ellen McGrattan and Edward Prescott
691: Buyers, sellers and middlemen: variations in search theory Downloads
Linda Wong and Randall Wright
690: Sticky prices: a new monetarist approach Downloads
Allen Head, Lucy Qian Liu, Guido Menzio and Randall Wright
689: Endogenous credit cycles Downloads
Chao Gu and Randall Wright
688: Innovation and growth with financial, and other, frictions Downloads
Jonathan Chiu, Cesaire Meh and Randall Wright
687: Technology capital transfer Downloads
Thomas Holmes, Ellen McGrattan and Edward Prescott
686: Do newspapers matter? Short-run and long-run evidence from the closure of The Cincinnati Post Downloads
Miguel Garrido and Sam Schulhofer-Wohl
685: Costly financial intermediation in neoclassical growth theory Downloads
Rajnish Mehra, Facundo Piguillem and Edward Prescott
684: Intergenerational redistribution in the Great Recession Downloads
Andy Glover, Jonathan Heathcote, Dirk Krueger and José-Víctor Ríos-Rull
683: Heterogeneity and risk sharing in village economies Downloads
Pierre Chiappori, Krislert Samphantharak and Sam Schulhofer-Wohl
682: Negative equity does not reduce homeowners' mobility Downloads
Sam Schulhofer-Wohl
681: Interstate migration has fallen less than you think: consequences of hot deck imputation in the Current Population Survey Downloads
Greg Kaplan and Sam Schulhofer-Wohl
680: Short and long interest rate targets Downloads
Bernardino Adao, Isabel Correia and Pedro Teles
679: Bank liability insurance schemes before 1865 Downloads
Warren Weber
678: Models of firm heterogeneity and growth Downloads
Erzo Luttmer
677: Moving back home: insurance against labor market risk Downloads
Greg Kaplan
676: A simple model of bank employee compensation Downloads
Christopher Phelan
675: Boomerang kids: labor market dynamics and moving back home Downloads
Greg Kaplan
674: Risk sharing, inequality, and fertility Downloads
Roozbeh Hosseini, Larry Jones and Ali Shourideh
673: Prizes and patents: using market signals to provide incentives for innovations Downloads
Varadarajan Chari, Mikhail Golosov and Aleh Tsyvinski
672: Technology diffusion and growth Downloads
Erzo Luttmer
671: Transition to FDI openness Downloads
Ellen McGrattan
670: Capital taxation during the U.S. Great Depression Downloads
Ellen McGrattan
669: A theory of outsourcing and wage decline Downloads
Thomas Holmes and Julia Thornton Snider
668: Economies of density versus natural advantage: crop choice on the back forty Downloads
Thomas Holmes and Sanghoon Lee
667: Facts and myths about the financial crisis of 2008 (Technical notes) Downloads
Maxim Troshkin
666: Facts and myths about the financial crisis of 2008 Downloads
Varadarajan Chari, Lawrence Christiano and Patrick Kehoe
665: Business start-ups and productive efficiency Downloads
Hakki Yazici
664: New Keynesian models: not yet useful for policy analysis Downloads
Varadarajan Chari, Patrick Kehoe and Ellen McGrattan
663: Accounting for private information Downloads
Laurence Ales and Pricila Maziero
662: On the need for a new approach to analyzing monetary policy Downloads
Andrew Atkeson and Patrick Kehoe
661: Temporary price changes and the real effects of monetary policy Downloads
Patrick Kehoe and Virgiliu Midrigan
660: Taxation, aggregates and the household Downloads
Nezih Guner, Remzi Kaygusuz and Gustavo Ventura
659: Sophisticated monetary policies Downloads
Andrew Atkeson, Varadarajan Chari and Patrick Kehoe
658: Coin sizes and payments in commodity money systems Downloads
Angela Redish and Warren Weber
657: On the mechanics of firm growth Downloads
Erzo Luttmer
656: Sticky prices and sectoral real exchange rates Downloads
Patrick Kehoe and Virgiliu Midrigan
655: Intermediated quantities and returns Downloads
Rajnish Mehra, Facundo Piguillem and Edward Prescott
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