“...We argue that a more individualist culture leads to more innovation and to higher growth because of the social status rewards associated with innovation in...”

“...We present empirical evidence that, among a variety of cultural dimensions, the individualism-collectivism dimension, based on Hofstede's (2001) data, is the...”

“...We evaluate explanations for the absence of disinflation during the Great Recession and find popular explanations to be insufficient. We propose a new...”

“...With positive trend inflation, the Taylor principle does not guarantee a determinate equilibrium. We provide new theoretical results on determinacy in New...”

“...We document basic facts about prices in online markets in the United States and Canada, which is a rapidly growing segment of the retail sector. Relative to...”

“...For a large number of OECD countries we estimate the cross-country spillover effects of government purchases on output. Following the methodology in Auerbach...”

“...We study the cyclical properties of sales, regular price changes, and average prices paid by consumers ("effective" prices) using data on prices and quantities...”

“...We use rich firm-level data and national input–output tables from 17 countries over the 2002–2005 period to test new and existing hypotheses about the impact...”

“...We address how using different censoring thresholds and imputation procedures affects the baseline results of Coibion, Gorodnichenko, and Hong (2015). Higher...”

“...While the degree of policy inertia in central banks' reaction functions is a central ingredient in theoretical and empirical monetary economics, the source of...”