Recent Publications
Please be advised that certain links go to subscription databases.
- "Technology-Policy Interaction in Frictional Labor Markets", (with Andreas Hornstein and Giovanni Violante). Forthcoming, Review of Economic Studies.
- "Median-voter equilibria in the neoclassical growth model under aggregation", (with Marina Azzimonti Renzo and Eva de Francisco). Scandinavian Journal of Economics, 108:4 (2006).
- "Growth Accounting with Investment-Specific Technological Progress: A Discussion of Two Approaches", (with Jeremy Greenwood). Forthcoming, Journal of Monetary Economics.
- "The Dynamics of Government: A Positive Analysis", (with John Hassler, Kjetil Storesletten and Fabrizio Zilibotti). Journal of Monetary Economics, 52:7 (2005).
- "The Replacement Problem in Frictional Economies: A Near-Equivalence Result", (with Andreas Hornstein and Giovanni Violante). Journal of European Economic Association, 3:5 (2005).
- "Consumption-Savings Decisions with Quasi-Geometric
Discounting",
(with Anthony Smith) Econometrica, 71 (2003). - "Politico-Economic
Transition", (with José-Víctor
Ríos-Rull)
Review of Economic Design, 7:3 (2003). - "Time Consistent Redistribution", European Economic Review, 46 (2002).
- "Time Orientation and Asset Prices", (with Anthony Smith and Burhanettin Kuruscu) Journal of Monetary Economics, 49 (2002).
- "Equilibrium Welfare and Government Policy with Quasi-Geometric Discounting", (with Anthony Smith and Burhanettin Kuruscu) Journal of Economic Theory, 105 (2002).
- "Tax-Policy with Quasi-Geometric Discounting", (with Burnhanettin Kuruscu and Anthony Smith) International Economic Journal, 14:3 (2000).
- "Capital-Skill Complementarity and Inequality", (with Lee Ohanian , José-Víctor Ríos-Rull, and Giovanni Violante) Econometrica, 68:5 (2000).
- "The
Role of Investment-Specific Technological Change in the Business Cycle",
(with Jeremy Greenwood and Zvi Hercowitz) European Economic Review, 44 (2000). - "On the Size of Government: Political Economy in the Neoclassical Growth Model", (with José-Víctor Ríos-Rull) American Economic Review, 89:5 (1999).
- "On
the Welfare Effects of Eliminating Business Cycles",
(with Anthony Smith) Review of Economic Dynamics, 2:1 (1998). - "Investment-Specific
R&D and the Decline in the Relative Price of Capital",
Journal of Economic Growth, 3:2 (1998). - "Income
and Wealth Heterogeneity in the Macroeconomy",
(with Anthony Smith) Journal of Political Economy, 106:5 (1998). - "Politico-Economic Equilibrium and Economic Growth", (with Vincenzo Quadrini and José-Víctor Ríos-Rull) Journal of Economic Dynamics and Control, 21:1 (1997).
- "Long-Run Implications of Investment-Specific Technological Change", (with Jeremy Greenwood and Zvi Hercowitz) American Economic Review, 87:3 (1997).
- "Income and Wealth Heterogeneity, Portfolio Choice and Equilibrium Asset Returns", (with Anthony Smith) Macroeconomic Dynamics, 1:2 (1997).
- "Are Consumption Taxes Really Better than Income Taxes?", (with Vincenzo Quadrini and José-Víctor Ríos-Rull) Journal of Monetary Economics, 37:3 (1996).
- "Can
Technology Improvements Cause Productivity Slowdowns?",
(with Andreas Hornstein) NBER Macroeconomics Annual, 11 (1996). - "Vested
Interests in a Positive Theory of Stagnation and Growth",
(with José-Víctor Ríos-Rull) Review of Economic Studies, 63 (1996). - "Rules
of Thumb in Macroeconomic Equilibrium: A Quantitative Analysis",
(with Anthony Smith) Journal of Economic Dynamics and Control, 20:4 (1996). - "Money
and Insurance in a Turnpike Environment",
(with Andreas Hornstein) Economic Theory, 3 (1993).
