Papers – maccalm

Publications

Paper

Firm Wage Differentials and Labor Market Sorting: Reconciling Theory and Evidence

Rafael Lopes de Melo

Paper

Assortative Matching with Large Firms

Philipp Kircher

Paper

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

Ludo Visschers

Paper

Banking Panics as Endogenous Disasters and the Welfare Gains from Macroprudential Policy

Nobuhiro Kiyotaki

Paper

Multiple Applications, Market Power and Competing Mechanisms

Pieter Gautier

Paper

Is a Policy of Free Movement of Workers Sustainable?

Tim Worrall

Paper

Portfolio rebalancing in general equilibrium

Matthew Shapiro

Paper

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

Mike Elsby

Paper

Identifying Equilibrium Models of Labor Market Sorting

Iourri Manovskii

Paper

Occupational Mobility and the Returns to Training

Iourii Manovski

Paper

Long-Term-Care Utility and Late-in-Life Saving

Matthew Shapiro

Paper

Estimating equilibrium effects of job search assistance

Pieter Gautier, Paul Muller

Paper

Fixed Adjustment Costs and Aggregate Fluctuations

Mike Elsby, Ryan Michaels

Paper

The Aggregate Effects of Labor Market Frictions

Michael Elsby, Ryan Michaels

Paper

Environmental Macroeconomics

John Hassler

Paper

Taxation and Unemployment in Models with Heterogeneous Workers

Iourri Manovskii

Paper

Experiences from the Swedish Crisis in the 1990s

John Hassler

Paper

Portfolio Sales and Signaling

Tim Worrall

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

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

Jonathan Thomas, Andy Snell

Paper

Dynamic Relational Contracts under Complete Information

Jonathan Thomas, Tim Worrall

Paper

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

Ryan Michaels

Paper

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

John Hassler

Paper

Liquidity, Business Cycles, and Monetary Policy

John Moore, Nobuhiro Kiyotaki

Paper

A global CO2 price – Necessary and sufficient

John Hassler

Paper

Flow origins of labor force participation fluctuations

Mike Elsby

Paper

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

Mike Elsby, Gary Solon

Working Papers

Working Paper

Eliciting Time Preferences When Income and Consumption Vary: Theory, Validation & Application to Job Search

Michele Belot, Philipp Kircher, Paul Muller

Working Paper

Optimal Sustainable Intergenerational Insurance

Tim Worrall

Working Paper

Credit Horizons

Nobuhiro Kiyotaki, John Moore

Working Paper

On the effectiveness of climate policies

John Hassler

Covid-19 Response Working Paper

Integrated epi-econ assessment

John Hassler

Working Paper

The Joint Dynamics of Capital and Employment at the Plant Level

Ryan Michaels

Working Paper

The Fiscal Multiplier

Iourii Manovski

Working Paper

Income Dynamics and Consumption Insurance

Iourii Manovski

Working Paper

Unemployment Duration Variance Decomposition a la ABS: Evidence from Spain

Maia Guell

Working Paper

Meetings and Mechanisms

Pieter Gautier

Working Paper

Search, Screening and Sorting

Pieter Gautier

Working Paper

Marketmaking Middlemen

Pieter Gautier

Working Paper

International Value-Added Linkages in Development Accounting

Robert Zymek

Working Paper

The (Structural) Gravity of Epidemics

Robert Zymek

Working Paper

Firm Dynamics, On-The-Job Search and Labor Market Fluctuations

Mike Elsby, Axel Gottfries

Working Paper

Job security, asymmetric information, and wage rigidity

Jonathan Thomas, Andy Snell

Working Paper

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

Gary Solon

Working Paper

Bilateral Trade Imbalances

Robert Zymek

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

Intergenerational Transmission of Income Inequality: What Do We Know?

Gary Solon

Working Paper

Vacancy Chains

Mike Elsby, Ryan Michaels

Summaries

Summary

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

Mike Elsby, Gary Solon

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

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

Mike Elsby

Summary

Taxation and unemployment in models with heterogeneous workers

Iourri Manovskii

Summary

Directed Search over the Life cycle

Ludo Visschers

Background Papers