Working Papers

From Federal Reserve Bank of Minneapolis
Contact information at EDIRC.
Bibliographic data for series maintained by Kate Hansel ().

Access Statistics for this working paper series.
Is something missing from the series or not right? See the RePEc data check for the archive and series.

554: Temporal aggregation in a multi-sector economy with endogenous growth

Jean Mercenier and Philippe Michel

553: Prior density ratio class robustness in econometrics

John Geweke and Lea Petrella

552: Bayesian inference for linear models subject to linear inequality constraints

John Geweke

551: Transaction services, inflation, and welfare

S. Aiyagari, R. Braun and Zvi Eckstein

550: Coexistence of money and interest-bearing securities

S. Aiyagari, Neil Wallace and Randall Wright

549: Neighbors: a locational model of human capital acquisition

George T. McCandless

548: Putty-clay capital and energy

Andrew Atkeson and Patrick Kehoe

547: Social insurance and transition

Andrew Atkeson and Patrick Kehoe

546: Optimal social insurance, incentives, and transition

Andrew Atkeson and Patrick Kehoe

545: On the turnover of business firms and business managers

Thomas Holmes and James Schmitz

544: Analyzing a proposal to ban state tax breaks to businesses

Thomas Holmes

543: Comments on Farmer and Guo's \"The econometrics of indeterminacy: an applied study.\"

S. Aiyagari

542: The evolution of debt and equity markets in economic development

John H. Boyd and Bruce Smith

541: The co-evolution of the real and financial sectors in the growth process

John H. Boyd and Bruce Smith

540: Bayesian reduced rank regression in econometrics

John Geweke

539: Variable selection and model comparison in regression

John Geweke

538: The optimal quantity of debt

S. Aiyagari and Ellen McGrattan

537: The use of debt and equity in optimal financial contracts

John H. Boyd and Bruce Smith

536: The debasement puzzle: an essay on medieval monetary policy

Arthur J. Rolnick, Francois Velde and Warren Weber

532: Bayesian comparison of econometric models

John Geweke

531: Are banks dead? or, are the reports greatly exaggerated?

John H. Boyd and Mark Gertler

528: Inflation and money growth under alternative monetary standards

Arthur J. Rolnick and Warren Weber

525: Interpreting monetary stabilization in a growth model with credit goods production

S. Aiyagari and Zvi Eckstein

516: Government transaction policy, the medium of exchange, and welfare

S. Aiyagari and Neil Wallace

510: Patterns of exchange, fiat money, and the welfare costs of inflation

Irasema Alonso

508: Optimal capital income taxation with incomplete markets, borrowing constraints, and constant discounting

S. Aiyagari

502: Uninsured idiosyncratic risk and aggregate saving

S. Aiyagari

500: Ex-dividend price behavior of common stocks

John H. Boyd and Ravi Jagannathan

491: Modeling the dynamic impact of North American free trade

Timothy Kehoe

480: An evaluation of the performance of an applied general equilibrium model of the Spanish economy

Timothy Kehoe, Clemente Polo and Ferran Sancho

478: Liquidity effects, monetary policy, and the business cycle (technical appendix)

Lawrence Christiano and Martin Eichenbaum

473: Optimal fiscal policy in a stochastic growth model (technical appendix)

Varadarajan Chari, Lawrence Christiano and Patrick Kehoe

467: Computational algorithms for solving variants of Fuerst's model

Lawrence Christiano

460: Computation and multiplicity of equilibria

Timothy Kehoe

459: Algorithms for explaining forecast revisions

Richard M. Todd

456: The output, employment, and interest rate effects of government consumption

S. Aiyagari, Lawrence Christiano and Martin Eichenbaum

448: Comment on Romer, \"Crazy explanations for the productivity slowdown\"

Lawrence Christiano

445: Debt constrained asset markets

Timothy Kehoe and David Levine

436: On characterizing equilibria of economies with externalities and taxes as solutions to optimization problems

Timothy Kehoe, David Levine and Paul Romer

428: Existence of steady states with positive consumption in the Kiyotaki-Wright model

S. Aiyagari and Neil Wallace

427: Intertemporal substitution and smoothness of consumption

Lawrence Christiano

426: International real business cycles

David Backus, Patrick Kehoe and Finn Kydland

413: Temporary price changes and the real effects of monetary policy

Patrick Kehoe and Virgiliu Midrigan

404: The optimum quantity of money revisited

Timothy Kehoe, David Levine and Michael Woodford

393: Walras' Law and nonoptimal equilibria in overlapping generations models

S. Aiyagari

385: Organizations in economic analysis

John H. Boyd, Edward Prescott and Bruce Smith

384: Implementing Bayesian vector autoregressions

Richard M. Todd

380: Why does inventory investment fluctuate so much? Or: does the stock market dance to its own music? (technical appendix)

Lawrence Christiano

369: Money does Granger-cause output in the bivariate output-money relation (technical appendix)

Lawrence Christiano and Lars Ljungqvist

361: A continuous time, general equilibrium, inventory-sales model

Lawrence Christiano and Martin Eichenbaum