Program 21

The Supply-Side Effects of Monetary Policy

David R. Baqaee (UCLA), Emmanuel Farhi (Harvard), Kunal Sangani (Harvard)  https://www.nber.org/papers/w28345

 

 

Demographic Effects on the Impact of Monetary Policy

John V. Leahy (Michigan),  Aditi Thapar (Michigan)

https://www.nber.org/system/files/working_papers/w26324/w26324.pdf

 

 

Credit Horizons

Nobu Kiyotaki (Princeton), John Moore (Edinborough), Shengxing Zhang (LSE)

 

 

Does it Matter to Assume that U.S. Monetary Authorities Follow a Taylor Rule?

Paul Beaudry (Bank of Canada), Franck Portier (UCL) and Andy Preston (UCL)

 

 

Neoclassical Growth Transitional Dynamics with Long-Term One-Sided Commitment Contracts

Dirk Krueger (Penn), Fulin Li (Chicago), Harald Uhlig (Chicago) https://web.sas.upenn.edu/dkrueger/research/

 

 

 

Empirical Investigation of a Sufficient Statistic for Monetary Shocks

Fernando Alvarez (Chicago), Andrea Ferrara (Northwestern), Erwan Gautier (Banque de France), Herve Le Bihan (Banque de France, Banco de España), Francesco Lippi (Luiss, Einaudi) http://www.eief.it/eief/images/WP_21.09.pdf

 

 

 

Consistent Evidence on Duration Dependence of Price Changes

Fernando Alvarez (Chicago), Katarina Borovickova (NYU), Robert Shimer (Chicago) https://sites.google.com/site/robertshimer/research/workingpapers

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