Macro-Dynamics

Macro-Dynamics

Browse all macro-dynamics tracked in the warehouse.

A Learning Model of Financial Instability

A Theory of Price Caps on Non-Renewable Resources

A Tractable Income Process for Business Cycle Analysis

An Analytical Model of Behavior and Policy in an Epidemic

An irrelevance theorem for risk aversion and time-varying risk

Bargaining with renegotiation in models with on-the-job search

Capital Flows and the Global Collateral Cycle

Corrigendum to "Job Ladders by Firm Wage and Productivity" [Review of Economic Dynamics 58C (2025) 101307]

Cross-Border Spillovers: How U.S. Monetary Conditions Affect M&As Around the World

Did the US Really Grow Out of Its World War II Debt?

Dispersion Over the Business Cycle: Passthrough, Productivity, and Demand

Entrepreneurial Investment Dynamics and the Wealth Distribution

Entry decision, the option to delay entry, and business cycles

Expecting Floods: Firm Entry, Employment, and Aggregate Implications

Firm dynamics, monopsony, and aggregate productivity differences

Firm Heterogeneity, Market Power and Macroeconomic Fragility

From Population Growth to TFP Growth

General Equilibrium Effects in Space: Theory and Measurement

How Costly Are Cartels?

Identifying Monetary Policy Shocks: A Natural Language Approach

Labor Market Discrimination and the Racial Unemployment Gap: Can Monetary Policy Make a Difference?

Leaning Against the Global Financial Cycle

Monetary Policy without Commitment

Mortgage securitization and information frictions in general equilibrium

Non-Tariff Barriers in the U.S.-China Trade War

Oil Prices, Monetary Policy and Inflation Surges

On the Effects of Monetary Policy Shocks on Income and Consumption Heterogeneity

On the elasticity of substitution between labor and ICT and IP capital and traditional capital

Pricing-to-market in business cycle models

Procyclical Fiscal Policy and Asset Market Incompleteness

Remote Work and City Structure

Resource Misallocation in European Firms: The Role of Constraints, Firm Characteristics and Managerial Decisions

Returns to experience and the elasticity of labor supply

Self-Fulfilling Fluctuations in HANK Economies

Serial Entrepreneurship in China

Sources of rising student debt in the U.S.: College costs, wage inequality, and delinquency

Sovereign Debt Restructuring and Reduction in Debt-to-GDP Ratio

The Aggregate Costs of Uninsurable Business Risk

The Transmission of Monetary Policy to Corporate Investment: the Role of Loan Renegotiation

Uncertainty and Change: Survey Evidence of Firms' Subjective Beliefs

Unconventional Monetary Policies and Inequality

Understanding High-Wage Firms: Monopoly, Monopsony, and Bargaining Power

Wage Adjustment in Efficient Long-Term Employment Relationships

Warming with Borders: Forced Climate Migration and Carbon Pricing

A Model of Post-2008 Monetary Policy

CBDC as Imperfect Substitute to Bank Deposits: A Macroeconomic Perspective

Does the Phillips Curve Lie Down as We Age?

Financial Fragility and the Fiscal Multiplier

Fiscal Distress and Banking Performance: The Role of Macroprudential Regulation

Heterogeneity in Manufacturing Growth Risk

How Does Public Sector Employment Affect Household Saving Rates? Evidence from China

Inflationary Household Uncertainty Shocks

Interest Rate Pegs and the Reversal Puzzle: On the Role of Anticipation

Liquidity Crises and the Market-Maker of Last Resort

Loan Evergreening through Banks' Lenses: Evidence from Credit Product-Level Data

Monetary and Macroprudential Policies under Dollar-Denominated Foreign Debt

Monetary Policy When Preferences Are Quasi-Hyperbolic

Monetary Policy, Firm Heterogeneity, and the Distribution of Investment Rates

Policy transition risk, carbon premiums, and asset prices

Shock Propagation within Multisector Firms

Studying Generational Risk in a Large-Scale Life-Cycle Model

Time Averaging Meets Heckman, Lochner, and Taber and Ben-Porath

Does a Financial Crisis Impair Corporate Innovation?

Macro and micro of external finance premium and monetary policy transmission

The Credit Channel of Public Procurement

The Macroeconomic Effects of a European Deposit (Re-)Insurance Scheme