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Discussion Paper
Minimum weighted residual methods for solving aggregate growth models
Judd, Kenneth L.
(1991)
Discussion Paper / Institute for Empirical Macroeconomics
, Paper 49
Journal Article
First-quarter ag survey shows west and east are hurting
Madden, Tobias
(2003-07)
Fedgazette
, Volume 15
, Issue Jul
, Pages 23
Journal Article
Workforce quality top consideration for Minnesota companies
Cytron, Naomi; Madden, Tobias
(2003-09)
Fedgazette
, Volume 15
, Issue Sep
, Pages 18-19
Journal Article
Old-fashioned tech transfer
Davies, Phil
(2008-05)
Licensing isn?t the only way for industry to tap into university knowledge.
Fedgazette
, Volume 20
, Issue May
, Pages 6-7
Report
Why do Americans work so much more than Europeans?
Prescott, Edward C.
(2003)
Americans now work 50 percent more than do the Germans, French, and Italians. This was not the case in the early 1970s when the Western Europeans worked more than Americans. In this paper, I examine the role of taxes in accounting for the differences in labor supply across time and across countries, in particular, the effective marginal tax rate on labor income. The population of countries considered is that of the G-7 countries, which are major advanced industrial countries. The surprising finding is that this marginal tax rate accounts for the predominance of the differences at points in ...
Staff Report
, Paper 321
Working Paper
Debt constrained asset markets
Kehoe, Timothy J.; Levine, David K.
(1992)
We develop a theory of general equilibrium with endogenous debt limits in the form of individual rationality constraints similar to those in the dynamic consistency literature. If an agent defaults on a contract, he can be excluded from future contingent claims markets trading and can have his assets seized. He cannot be excluded from spot markets trading, however, and he has some private endowments that cannot be seized. All information is publicly held and common knowledge, and there is a complete set of contingent claims markets. Since there is complete information, an agent cannot enter ...
Working Papers
, Paper 445
Journal Article
A labor vacuum with no population suction
Wirtz, Ronald A.
(2002-09)
Fedgazette
, Volume 14
, Issue Sep
, Pages 3
Report
Credit Frictions in the Great Recession
Pastorino, Elena; Lopez, Pierlauro; Midrigan, Virgiliu; Kehoe, Patrick J.
(2020-12-15)
Although a credit tightening is commonly recognized as a key determinant of the Great Recession, to date, it is unclear whether a worsening of credit conditions faced by households or by firms was most responsible for the downturn. Some studies have suggested that the household-side credit channel is quantitatively the most important one. Many others contend that the firm-side channel played a crucial role. We propose a model in which both channels are present and explicitly formalized. Our analysis indicates that the household-side credit channel is quantitatively more relevant than the ...
Staff Report
, Paper 617
Journal Article
Micropower: The next big thing?
Clement, Douglas
(2001-03)
Fedgazette
, Volume 13
, Issue Mar
, Pages 11-14
Journal Article
Priorities for the Federal Reserve
Stern, Gary H.
(2009-09)
Gary Stern's departing thoughts on where the Fed should focus its efforts
The Region
, Volume 23
, Issue Sep
, Pages 2-4
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