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Filtering by: Publication Year 2024

The Recent Rise in US Inflation: Policy Lessons from the Quantity Theory

On the Mechanics of Fiscal Inflations

Default and Interest Rate Shocks: Renegotiation Matters

Self-Fulfilling Debt Crises with Long Stagnations

The Incredible Taylor Principle

Perspectives on the Labor Share

Army of Mortgagors: Long-Run Evidence on Credit Externalities and the Housing Market

Meritocracy across Countries

Did Racially Motivated Labor Policy Reverse Equality Gains for Everyone?

Why is Trade Not Free? A Revealed Preference Approach

Endogenous Bargaining Power and Declining Labor Compensation Share

Bonus Question: How Does Flexible Incentive Pay Affect Wage Rigidity?

The Puzzling Behavior of Spreads during Covid

The Credibility of Government Policies: Conference in Honor of Guillermo Calvo

The Influence of Occupational Licensing on Workforce Transitions to Retirement

International Reserve Management under Rollover Crises

Bank Runs, Fragility, and Regulation

Online Appendix for: How Do Voters Respond to Welfare vis-à-vis Public Good Programs? ...

Preemptive Austerity with Rollover Risk

Unemployment Risk, Portfolio Choice, and the Racial Wealth Gap