Filters
Event Types
Location
A Theory of Endogenous Degrowth and Environmental Sustainability (with Philippe Aghion, Timo Boppart, Michael Peters, and Matthew Schwartzman)
Fabrizio Zilibotti, Yale University
We develop and quantify a novel growth theory in which economic activity endogenously shifts from material production to quality...
HANK’s Response to Aggregate Uncertainty in an Estimated Business Cycle Model
Cosmin Ilut, Duke University
This paper studies a HANK model with agents who respond to both idiosyncratic and aggregate uncertainty. Since aggregate uncertainty is...
End of Apartheid, Not of Inequality: the Slow Transition in a Segregated Economy.
Kristina Manysheva, Columbia Business School
--
Michael Beauregard Seminar in Macroeconomics: Tuesday, March 17
Chang-Tai Hsieh, The University of Chicago Booth School of Business
--
Sticky Discount Rates
Kilian Huber, The University of Chicago Booth School of Business
In standard models, expected inflation on its own does not affect the real investment decisions of firms, unless the real cost of capital or...
Michael Beauregard Seminar in Macroeconomics: Tuesday, April 7
Diego Restuccia, University of Toronto
--
Michael Beauregard Seminar in Macroeconomics: Tuesday, April 21
Johannes Wieland, University of California, San Diego
--
Lock-in and productive innovations: implications for firm-to-firm innovation pass-through
Lucía Casal, Columbia Business School
Firms innovate to improve efficiency and reduce their costs of production (productive innovations) and to increase customer dependency by...
