Betting on the Tortoise in Japan. Jeffrey Frankel, September 12, 2013, Opinion. "In April 2014, Japan’s consumption-tax rate is set to rise…
Coordination and Crisis in Monetary Unions. Gita Gopinath, September 8, 2013, Paper. "We characterize fiscal and monetary policy in a…
The canonical theory of taxation holds that the incidence of a tax is independent of the
side of the market which is responsible for…
This paper studies the relationship between sovereign spreads and the interaction between debt composition and debt levels in advanced and…
Derivatives Markets in Bankruptcy. Mark Roe, September 2013, Paper. "By treating derivatives and financial repurchase agreements much more…
Leviathan as a Minority Shareholder: Firm-level Implications of State Equity Purchases. Aldo Musacchio, September 2013, Paper. "In many…
Do the Laws of Tax Incidence Hold? Erich Muehlegger, September, 2013, Paper. "The canonical theory of taxation holds that the incidence of…
Unpacking the Multiplier: Making Sense of Recent Assessments of Fiscal Stimulus Policy. Stephen Marglin, September 2013, Paper. "In what…
Brazil's Enigma: Sustaining Long-Term Growth. Laura Alfaro, September 2013, Case. "Over the past decade, Brazil's future as a leading world…
Shifts in U.S. Federal Reserve Goals and Tactics for Monetary Policy: A Role for Penitence? Julio J. Rotemberg, Fall 2013, Paper. "This…