Papers – maccalm

Publications

Paper

Liquidity, Business Cycles, and Monetary Policy

John Moore, Nobuhiro Kiyotaki

Paper

Providing Advice to Job Seekers at Low Cost: An Experimental Study on On-Line Advice

Michele Belot, Philipp Kircher, Paul Muller

Paper

Impacts of climate mitigation strategies in the energy sector on global land use and carbon balance

John Hassler

Paper

Brexit, Financial Markets and the Wider Economy

David Miles

Paper

And Yet It Moves: Inflation and the Great Recession

David Miles

Paper

Wage Adjustment in the Great Recession and Other Downturns: Evidence from the United States and Great Britain

Mike Elsby, Gary Solon

Paper

How long has this been going on? Long-term unemployment in the UK

Mike Elsby

Paper

Quality-Adjusted Price Measurement: A New Approach With Evidence from Semiconductors

Ryan Michaels

Paper

The Great Escape? A Quantitative Evaluation of the Fed’s Liquidity Facilities

Nobuhiro Kiyotaki

Paper

Wholesale Banking and Bank Runs in Macroeconomic Modelling of Financial Crises

Nobuhiro Kiyotaki

Paper

Search Frictions, Competing Mechanisms and Optimal Market Segmentation

Pieter Gautier

Paper

Intra firm bargaining and Shapley values

Pieter Gautier

Paper

Sorting And The Output Loss Due To Search Frictions

Pieter Gautier

Paper

Employment Protection, Technology Choice, And Worker Allocation International

Pieter Gautier

Paper

Dynamic Relational Contracts under Complete Information

Jonathan Thomas, Tim Worrall

Paper

Stochastic Stability of Monotone Economies in Regenerative Environments

Jonathan Thomas, Tim Worrall

Paper

Bias in Returns to Tenure When Firm Wages and Employment Co-move: A Quantitative Assessment and Solution

Andy Snell, Jonathan Thomas

Paper

The Fossil Episode

John Hassler

Paper

Should Developing Countries Constrain Resource-Income Spending?

John Hassler

Paper

Experiences from the Swedish Crisis in the 1990s

John Hassler

Paper

Environmental Macroeconomics

John Hassler

Paper

Climate Policy

John Hassler

Paper

Identifying Equilibrium Models of Labor Market Sorting

Iourri Manovskii

Paper

Taxation and Unemployment in Models with Heterogeneous Workers

Iourri Manovskii

Paper

Directed Search over the Life cycle

Ludo Visschers

Paper

Anticipated Banking Panics

Nobuhiro Kiyotaki

Paper

Banking, Liquidity, and Bank Runs in an Infinite Horizon Economy

Nobuhiro Kiyotaki

Paper

Is a Policy of Free Movement of Workers Sustainable?

Tim Worrall

Working Papers

Working Paper

How Prevalent Is Downward Rigidity in Nominal Wages? International Evidence from Payroll Records and Pay Slips

Working Paper

How Prevalent Is Downward Rigidity in Nominal Wages? Evidence from Payroll Records in Washington State

Working Paper

Bilateral Trade Imbalances

Working Paper

The Consequences of Uncertainty: Climate Sensitivity and Economic Sensitivity to the Climate

John Hassler

Working Paper

Houses across time and across place

David Miles

Working Paper

How wage announcements affect job search behavior: an experimental investigation

Michele Belot, Philipp Kircher

Working Paper

Unemployment Benefits and Unemployment in the Great Recession: The Role of Macro Effects

Iourii Manovskii

Working Paper

Reconciling Estimates of Earnings Processes in Growth Rates and Levels

Iourii Manovskii

Working Paper

Interpreting Recent Quasi-Experimental Evidence on the Effects of Unemployment Benefit Extensions

Iourii Manovskii

Working Paper

Improving the Measurement of Earnings Dynamics

Iourii Manovskii

Working Paper

How Much Consumption Insurance in the U.S.?

Iourii Manovskii

Working Paper

Temporary Contracts, Incentives, and Unemployment

Maia Guell, Sevi Mora

Working Paper

What Do We Know So Far about Multigenerational Mobility?

Gary Solon

Working Paper

Intergenerational Transmission of Income Inequality: What Do We Know?

Gary Solon

Working Paper

Portfolio Sales and Signaling

Tim Worrall

Working Paper

Downward Real Wage Rigidity and Equal Treatment Wage Contracts: Theory and Evidence

Jonathan Thomas, Andy Snell

Working Paper

Population Growth, Immigration, and Labour Market Dynamics

Mike Elsby

Working Paper

Labor and Capital Dynamics under Financing Frictions

Ryan Michaels

Working Paper

Fixed Adjustment Costs and Aggregate Fluctuations

Mike Elsby, Ryan Michaels

Working Paper

Vacancy Chains

Mike Elsby, Ryan Michaels

Working Paper

A Macroeconomic Model with Financial Panics

Nobuhiro Kiyotaki

Working Paper

Intangibles, Inequality and Stagnation

Nobuhiro Kiyotaki

Working Paper

Reconsidering the Consequences of Worker Displacements: Firm versus Worker Perspective

Matthew Shapiro

Working Paper

The Impact of Unemployment Benefit Extensions on Employment: The 2014 Employment Miracle?

Iourri Manovskii

Working Paper

Assortative Matching with Large Firms

Philipp Kircher

Working Paper

Labor Supply with the Firm

Ryan Michaels

Working Paper

Unemployment and Endogenous Reallocation over the Business Cycle

Ludo Visschers

Working Paper

The Aggregate Effects of Labor Market Frictions

Michael Elsby, Ryan Michaels

Summaries

Summary

Directed Search over the Life cycle

Ludo Visschers

Summary

Wage Adjustment in the Great Recession and Other Downturns: Evidence from the United States and Great Britain

Mike Elsby, Gary Solon

Summary

How long has this been going on? Long-term unemployment in the UK

Mike Elsby

Summary

The extent and cyclicality of career changes: Evidence for the U.K.

Ludo Visschers

News Summary

Providing Advice to Job Seekers at Low Cost

Summary

Taxation and unemployment in models with heterogeneous workers

Iourri Manovskii

Background Papers