1.
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This paper examines the cyclical dynamics of school participation decision, using data for 16-24-year-olds attending full-time post-compulsory education in the UK in the [...]
2024 | Journal Article | Peer-Reviewed Publications - Publications à comité de lecture |
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2.
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We analyse monetary policy in a model where temporary shocks can permanently scar the economy’s productive capacity. Workers lose skill while unemployed and are costly to[...]
2022 | Journal Article | Peer-Reviewed Publications - Publications à comité de lecture |
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3.
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We present an incomplete markets model to understand the costs and benefits of increasing government debt when an increased demand for safety pushes the natural rate of i[...]
2022 | Journal Article | Peer-Reviewed Publications - Publications à comité de lecture |
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4.
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Replication package contains programs and data required to reproduce all figures of Online Appendices L and M of article "Slow Recoveries and Unemployment Traps: Monetary[...]
2022 | Dataset | Reproducibility Package - Ensemble de données pour la reproductibilité des résultats de recherche |
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5.
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Andrade et al. analyze the data from a large panel of firms and show how sector-specific shocks erroneously influence firms’ outlooks about the aggregate economy. This pa[...]
2022 | Journal Article | Peer-Reviewed Publications - Publications à comité de lecture |
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6.
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This paper examines the effects of time-varying volatility on welfare. I construct a tractable endogenous growth model with recursive preferences, stochastic volatility, [...]
2017 | Journal Article | Peer-Reviewed Publications - Publications à comité de lecture |
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7.
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This paper examines the relationship between volatility shocks and preference shocks in an analytically tractable endogenous growth model with recursive preferences and s[...]
2016 | Journal Article | Peer-Reviewed Publications - Publications à comité de lecture |
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8.
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This paper examines the welfare cost of rare housing disasters characterized by large drops in house prices. I construct an OLG general equilibrium model with recursive p[...]
2016 | Journal Article | Peer-Reviewed Publications - Publications à comité de lecture |
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9.
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We investigate whether expectations that are not fully rational have the potential to explain the evolution of house prices and the price-to-rent ratio in the United Stat[...]
2015 | Journal Article | Peer-Reviewed Publications - Publications à comité de lecture |
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10.
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Over the business cycle, labor's share of output is negatively but weakly correlated with output, and it lags output by about four quarters. Profits' share is strongly pr[...]
2014 | Journal Article | Peer-Reviewed Publications - Publications à comité de lecture |
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