NBER Program(s):Asset Pricing, Economic Fluctuations and Growth ... actual savings (underlying, not observed, savings determined by dynamic optimization) also go down. ... Ave., Cambridge, MA 02138; 617-868-3900; email: [email protected]
18 May 2020 ... NBER Working Paper No. w27179 ... not observed, savings determined by dynamic optimization) also go down. ... related research on SSRN.
23 Nov 2017 ... We are grateful to compricer.se and especially Christina Soderberg for ... To date, there is no consensus on the effects of negative nominal interest rates ... rate, the bank lending channel of monetary policy breaks down.
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NBER Program(s):Productivity, Innovation, and Entrepreneurship ... 0.05 minutes from (offline) socializing, 0.04 minutes from relaxing and thinking, and the balance from time ... Ave., Cambridge, MA 02138; 617-868-3900; email: [email protected]
The Marriage Tax is Down But Not Out ... NBER Program(s):Public Economics ... Specifically, there has been virtually no discussion of the possible existence of an implicit ... Ave., Cambridge, MA 02138; 617-868-3900; email: [email protected]
NBER Working Paper No. 26927. Issued in April 2020. NBER Program(s):Asset Pricing ... Ave., Cambridge, MA 02138; 617-868-3900; email: [email protected]
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But a 44-month economic boom ensued from 1914 to 1918, first as Europeans ... He breaks down the financing of the U.S. war effort as follows: 22 percent in taxes, ... the new bondholders did not make a tangible personal sacrifice in buying war bonds, ... Ave., Cambridge, MA 02138; 617-868-3900; email: [email protected]
NBER Working Paper No. 23394. Issued in ... download in pdf format (803 K) ... Hou, Xue, and Zhang, w18435 Digesting Anomalies: An Investment Approach ...
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Individual papers can also be downloaded for a small charge for users not in any of these ... Try browsing https://www.nber.org/papers/w0000 to test your status.
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The fiscal theory of the price level (FTPL) describes fiscal and monetary policy rules ... This article is taken from the author's original manuscript and has not been ... are independent of money and prices; equation (1) then pins down real money.
If the PDF button does not appear above the abstract on the bibliographic page for the ... An easy test is to browse https://papers.nber.org/papers/w0000. ... no way of knowing whether such a site is in a domain eligible for free down-loads.
The views expressed herein are those of the authors and do not necessarily reflect ... As a consequence, the average retirement age dropped down to 62.3 and 61.5 ... Rentenversicherung (http://forschung.deutsche-rentenversicherung.de/ ).
Financial Distancing: How Venture Capital Follows the Economy Down and Curtails ... Although late-stage venture capital (VC) activity did not change dramatically in the first ... Ave., Cambridge, MA 02138; 617-868-3900; email: [email protected]
Financial Status at Advanced Ages in the HRS and AHEAD Cohorts. James M. Poterba, Steven F. Venti, David A. Wise. NBER Working Paper No. 17824
The FTPL does not anticipate that exploding debt would ever be observed. The idea is that ... traditional quantity theoretic reasoning breaks down. This can ...
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