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Jeremy Stein
The Optimal Conduct of Monetary Policy with Interest on Reserves. Jeremy Stein, January 2012, Paper. "In a world with interest on reserves, the central bank has two distinct…
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Kenneth Rogoff, Carmen Reinhart
From Financial Crash to Debt Crisis. Carmen M. Reinhart, Kenneth Rogoff, August 2011, Paper. "The economics profession has an unfortunate tendency to view recent experience in the…
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Kenneth Rogoff, Carmen Reinhart
The Forgotten History of Domestic Debt. Carmen M. Reinhart, Kenneth Rogoff, 2011, Paper. "The authors study the history of defaults on domestic public debt and the impact on…
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Edward Glaeser
Housing Policy in the Wake of the Crash. Edward Glaeser, Fall 2010, Paper. "Between 2000 and 2010, the U.S. housing market experineced a convulsion more extreme than in any…
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Kenneth Rogoff
On Graduation from Default, Inflation and Banking Crises: Elusive or Illusion? Kenneth Rogoff, July 2010, Paper. "This paper uses a data set of over two hundred years of sovereign…
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Kenneth Rogoff, Carmen Reinhart
Growth in a Time of Debt. Carmen M. Reinhart, Kenneth Rogoff, May 2010, Paper. "In this paper, we exploit a new multi-country historical dataset on public (government) debt to…
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Gita Gopinath
In Search of Real Rigidities. Gita Gopinath, April 1, 2010, Paper. "The closed and open economy literatures work on estimating real rigidities, but in parallel…
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Alberto Alesina
Fiscal adjustments: lessons from recent history. Alberto Alesina, April 2010, Paper. "In the aftermath of the Great Recession, many OECD countries now need to reduce…
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Kenneth Rogoff
Global Imbalances and the Financial Crisis: Products of Common Causes, Kenneth Rogoff, October 2009, Paper. "Until the outbreak of financial crisis in August 2007, the mid-…
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John Y. Campbell, Luis M. Viceira
Understanding Inflation-Indexed Bond Markets. John Campbell, Luis Viceira, May 3, 2009, Paper. "This paper explores the history of inflation-indexed bond markets in the US…