“...We study the effects of macroeconomic shocks on measures of economic inequality obtained from U.S. survey data. To identify aggregate supply, aggregate demand,...”

“...We develop a simple experimental setting to evaluate the role of the Taylor principle, which holds that the nominal interest rate has to respond more than...”

“...In this paper we analyse how the availability of credit influences the relationship between government size as a proxy for fiscal stabilization policy and the...”

“...We study the effect of the size of the welfare state on demographic trends in OECD member countries. Exploiting exogenous variation in public social spending,...”

“...•Examine spillovers between business cycles (BC) and financial cycles (FC) in the G7.•BC and FC spillovers are time-, country- and extreme economic...”

“...We study empirically how the development of financial systems influences the magnitude of output growth fluctuations in a sample of OECD countries between 1995...”

“...In this paper, we study the importance of marriage for interstate risk sharing in the US.We find that US federal states in which married couples account for a...”

“...ABSTRACT In this paper we analyze empirically how labor market institutions influence business cycle volatility in a sample of 20 OECD countries. Our results...”

“...In this paper we evaluate the relative influence of external versus domestic inflation drivers in the 12 new European Union (EU) member countries. Our...”

“...In this paper, we study the dynamics of international consumption risk sharing among the G‐7 countries. Based on the dynamic conditional correlation model due...”