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The Time Consistency of Monetary and Fiscal Policies
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Firm Dynamics and Financial Development
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Wealth and Volatility
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Understanding 100 Years of the Evolution of Top Wealth Shares in the U.S.: What is the Role of Family Firms?
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Patrick Kehoe’s Comment on “Determinants of Business Cycle Comovement: A Robust Analysis” by Marianne Baxter and Michael Kouparitsaskehoe
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Why Do Stock Prices Drop by Less Than the Value of the Dividend? Evidence From a Country Without Taxes
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The Cost of Financial Frictions for Life Insurers
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A Gain From Trade: More Research, Less Obstruction
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The Economic Performance of Cartels: Evidence from the New Deal U.S. Sugar Manufacturing Cartel, 1934–74
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On the Distribution of the Welfare Losses of Large Recessions
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Real Effects of Monetary Policy in a World Economy
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Deflation and the International Great Depression: A Productivity Puzzle
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Approximately Complete Markets: A Generalization of the States of the World Model
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Nonuniqueness of Solutions in Applied General Equilibrium Models With Scale Economies and Imperfect Competition
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Trade Theory and Trade Facts
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Worker Betas: Five Facts about Systematic Earnings Risk
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Term Structures of Inflation Expectations and Real Interest Rates: The Effects of Unconventional Monetary Policy
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Real Interest Rates, Inflation, and Default
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Optimal Progressivity with Age-Dependent Taxation
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Sophisticated Monetary Policies
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Unmeasured Investment and the Puzzling U.S. Boom in the 1990s
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Aggregation Over Time and the Inverse Optimal Predictor Problem for Adaptive Expectations in Continuous Time
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Rent-Seeking and Innovation
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Dynamic Coalitions, Growth, and the Firm
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Cartels Destroy Productivity: Evidence from the New Deal Sugar Manufacturing Cartel, 1934-74
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The International Diversification Puzzle Is Not as Bad as You Think
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Liquidity Traps and Monetary Policy: Managing a Credit Crunch
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Time-Varying Risk, Interest Rates, and Exchange Rates in General Equilibrium
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What Ever Happened to the Puerto Rican Sugar Manufacturing Industry?
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Comparing Alternative Representations, Methodologies, and Decompositions in Business Cycle Accounting
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International Banking: Where Do We Go From Here?
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Demand Management: An Illustrative Example
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Patent Data Appendix for Quid Pro Quo: Technology Capital Transfers for Market Access in China
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Changes in the Distribution of Family Hours Worked Since 1950
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Paths of Development for Early- and Late-Bloomers in a Dynamic Heckscher-Ohlin Model
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Economic Benefits of COVID-19 Screening Tests
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Comment on Mendoza and Tesar’s “Why Hasn’t Tax Competition Triggered a Race to the Bottom? Some Quantitative Lessons from the EU”
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Average Debt and Equity Returns: Puzzling?
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Government Guarantees and the Valuation of American Banks
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Small Sample Properties of GMM for Business Cycle Analysis
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A Reassessment of Real Business Cycle Theory
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Liquidity and Insurance for the Unemployed
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How Important Is the New Goods Margin in International Trade?
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Macroeconomic Volatility and External Imbalances
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Social Insurance and Taxation Under Sequential Majority Voting and Utilitarian Regimes
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Financialization in Commodity Markets
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A Self-Fulfilling Model of Mexico's 1994-95 Debt Crisis
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A Working Paper on Bank Structure and Competition
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Wealth Inequality and Intergenerational Links
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Pay with Promises or Pay as You Go? Lessons from the Death Spiral of Detroit
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