Showing results 901 - 910 of 1141
Shifts in U.S. Federal Reserve Goals and Tactics for Monetary Policy: A Role for Penitence? Julio J. Rotemberg, Fall 2013, Paper. "This paper considers some of the large changes…
Leviathan as a Minority Shareholder: Firm-level Implications of State Equity Purchases. Aldo Musacchio, September 2013, Paper. "In many countries, firms face institutional voids…
Do the Laws of Tax Incidence Hold? Erich Muehlegger, September, 2013, Paper. "The canonical theory of taxation holds that the incidence of a tax is independent of the side of the…
Unpacking the Multiplier: Making Sense of Recent Assessments of Fiscal Stimulus Policy. Stephen Marglin, September 2013, Paper. "In what follows, we will shed some light on…
Brazil's Enigma: Sustaining Long-Term Growth. Laura Alfaro, September 2013, Case. "Over the past decade, Brazil's future as a leading world economic power appeared certain. An…
The End of the Emerging-Market Party. Ricardo Hausmann, August 30, 2013, Opinion. "Enthusiasm for emerging markets has been evaporating this year, and not just because of the US…
Fiscal Devaluations. Emmanuel Farhi, Gita Gopinath, August 29, 2013, Paper. "We show that even when the exchange rate cannot be devalued, a small set of conventional fiscal…
US Interest Rates Will Continue to Rise. Martin Feldstein, August 28, 2013, Opinion. "Six months ago, I wrote that long-term interest rates in the United States would rise,…
A Model of the Safe Asset Mechanism (SAM): Safety Traps and Economic Policy. Emmanuel Farhi, August 22, 2013, Paper. "The global economy has a chronic shortage of safe assets…
Network Effects in Countries' Adoption of IFRS. Karthik Ramanna, August 22, 2013, Paper. "If the differences in accounting standards across countries reflect relatively stable…