-
81“...We study the problem of a firm that faces asymmetric information about the persistent productivity of its potential workers. In our framework, a worker's...”
-
82“...We document a clear increase in Swedish earnings inequality in the early 1990s, and that much of this increase was generated by movements in and out of the...”
-
83by Kaygusuz, Remzi Published in Review of Economic Dynamics (2010)“...The Economic Recovery Act of 1981 and the Tax Reform Act of 1986 changed the U.S. income tax structure in a dramatic fashion. In particular, these two reforms...”
-
84“...In December 2001 China became a member of the World Trade Organization (WTO). By signing the accession protocol China not only agreed to reform its trade...”
-
85by Stolyarov, Dmitriy L Sabirianova Peter, Klara Gorodnichenko, Yuriy Published in Review of Economic Dynamics (2010)“...We construct key household and individual economic variables using a panel micro data set from the Russia Longitudinal Monitoring Survey (RLMS) for 1994-2005...”
-
86“...We construct a new data set of consumption and income data for the largest U.S. metropolitan areas, and we show that the extent of risk-sharing between regions...”
-
87by Castro, Rui Luís de Campanale, Claudio Clementi, Gian Luca Published in Review of Economic Dynamics (2010)“...In this paper we provide a thorough characterization of the asset returns implied by a simple general equilibrium production economy with Chew-Dekel risk...”
-
88“...Previous empirical work on job search has proposed different approaches to estimating mobility rates assumed in models of search. However, these methods either...”
-
89“...In models in which convergence in income levels across closed countries is driven by faster accumulation of a productive factor in the poorer countries,...”
-
90“...It is generally agreed that within long-term relationships agents learn the characteristics of their market partners better than through spot transactions. In...”
-
91by Grochulski, Borys Published in Review of Economic Dynamics (2010)“...In this paper, we develop a normative theory of unsecured consumer credit and personal bankruptcy based on the optimal trade-off between incentives and...”
-
92“...This paper presents an analysis of the trends in inequality across income, earnings and consumption in Britain since 1978. It documents the episodic nature of...”
-
93by Heathcote, Jonathan Violante, Giovanni Luca Perri, Fabrizio Published in Review of Economic Dynamics (2010)“...We conduct a systematic empirical study of cross-sectional inequality in the United States, integrating data from the Current Population Survey, the Panel...”
-
94“...Two thirds of US unemployment volatility is due to fluctuations in workers' job finding rate. In search and matching models, aggregate productivity shocks...”
-
95“...All industrialized countries have experienced a transition from high birth rates, land-based production and stagnant standards of living to low birth rates and...”
-
96“...This paper studies the global dynamics of a class of infinitely repeated two-player games in which the action space of each player is an interval, and the...”
-
97by Krueger, Dirk Violante, Giovanni Luca Pistaferri, Luigi Perri, Fabrizio Published in Review of Economic Dynamics (2010)“...This paper provides an introduction to the special issue of the Review of Economic Dynamics on "Cross Sectional Facts for Macroeconomists...”
-
98“...Despite mandatory parental leave policies being a prevalent feature of labor markets in developed countries, their aggregate effects in the economy are not...”
-
99“...We show that the long-run neutrality of inflation on capital accumulation obtained in complete market models no longer holds when households face binding...”
-
100“...We study equilibrium prices and trade volume in a market with several identical buyers and a seller who commits to an inventory and then offers goods...”