2014

最新文章

• Estimates of Annual Consumption Expenditures and Its Major Components in the PSID in Comparison to the CE AI翻译
  作者：Andreski, Patricia; Li, Geng; Samancioglu, Mehmet Zahid; Schoeni, Robert
  作者单位：University of Michigan System; University of Michigan; Federal Reserve System - USA; Federal Reserve System Board of Governors; University of Michigan System; University of Michigan; University of Michigan System; University of Michigan; University of Michigan System; University of Michigan
• Renegotiation Policies in Sovereign Defaults AI翻译
  作者：Arellano, Cristina; Bai, Yan
  作者单位：Federal Reserve System - USA; Federal Reserve Bank - Minneapolis; University of Minnesota System; University of Minnesota Twin Cities; National Bureau of Economic Research; University of Rochester
• The Impact of Medicaid on Labor Market Activity and Program Participation: Evidence from the Oregon Health Insurance Experiment AI翻译
  作者：Baicker, Katherine; Finkelstein, Amy; Song, Jae; Taubman, Sarah
  作者单位：Harvard University; Harvard T.H. Chan School of Public Health; Massachusetts Institute of Technology (MIT); National Bureau of Economic Research
• Gender and Race Heterogeneity: The Impact of Students with Limited English on Native Students' Performance AI翻译
  作者：Diette, Timothy M.; Oyelere, Ruth Uwaifo
  作者单位：Washington & Lee University; University System of Georgia; Georgia Institute of Technology; IZA Institute Labor Economics
• Does the US Labor Market Reward International Experience? AI翻译
  作者：Pozo, Susan
  作者单位：Western Michigan University
• Cycles of Conflict: An Economic Model AI翻译
  作者：Acemoglu, Daron; Wolitzky, Alexander
  作者单位：Massachusetts Institute of Technology (MIT); Stanford University
  摘要：We propose a model of cycles of conflict and distrust. Overlapping generations of agents from two groups sequentially play coordination games under incomplete information about whether the other side consists of bad types who always take bad actions. Good actions may be misperceived as bad and information about past actions is limited. Conflict spirals start as a result of misperceptions but also contain the seeds of their own dissolution: Bayesian agents eventually conclude that the spiral li...
• Risk Matters: The Real Effects of Volatility Shocks: Comment AI翻译
  作者：Born, Benjamin; Pfeifer, Johannes
  作者单位：University of Mannheim
  摘要：We show that the risk-shock business cycle model of Fernandez-Villaverde et al. (2011) must be recalibrated because it underpredicts the targeted business cycle moments by a factor of three once a time aggregation error is corrected. Recalibrating the corrected model for the benchmark case of Argentina, the peak response and the contribution of interest rate risk shocks to business cycle volatility increase. However, the recalibrated model does worse in capturing the business cycle properties ...
• A Biological Theory of Social Discounting AI翻译
  作者：Robson, Arthur J.; Szentes, Balazs
  作者单位：Simon Fraser University; University of London; London School Economics & Political Science
  摘要：We consider a growth model in which intergenerational transfers are made via stocks of private and public capital. Private capital is the outcome of individuals' private savings while decisions regarding public capital are made collectively. We hypothesize that private saving choices evolve through individual selection while public saving decisions are the result of group selection. The main result of the paper is that the equilibrium rate of return to private capital is at least 2-3 percent m...
• The Natural Rate of Interest and Its Usefulness for Monetary Policy AI翻译
  作者：Barsky, Robert; Justiniano, Alejandro; Melosi, Leonardo
  作者单位：Federal Reserve System - USA; Federal Reserve Bank - Chicago; University of Michigan System; University of Michigan; National Bureau of Economic Research
• Implementation Details for Frequent Batch Auctions: Slowing Down Markets to the Blink of an Eye AI翻译
  作者：Budish, Eric; Cramton, Peter; Shim, John
  作者单位：University of Chicago; University System of Maryland; University of Maryland College Park