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Central Bank Research Hub - Minneapolis Fed Working Papers



New Keynesian Models: Not Yet Useful for Policy Analysis

by V. V. Chari, Patrick J. Kehoe, and Ellen R. McGrattanWP664
(Jul 2008)
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Accounting for Private Information

by Laurence Ales and Pricila MazieroWP663
(Jun 2008)
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On the Need for a New Approach to Analyzing Monetary Policy

by Andrew Atkeson and Patrick J. KehoeWP662
(May 2008)
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Temporary Price Changes and the Real Effects of Monetary Policy

by Patrick J. Kehoe and Virgiliu MidriganWP661
(May 2008)
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Taxation, Aggregates and the Household (JEL E62, H31, J12, J22)

by Nezih Guner, Remzi Kaygusuz, and Gustavo VenturaWP660
(Apr 2008)
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Sophisticated Monetary Policies

by Andrew Atkeson, V. V. Chari, and Patrick J. KehoeWP659
(Apr 2008)
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Coin Sizes and Payments in Commodity Money Systems

by Angela Redish and Warren E. WeberWP658
(Mar 2008)
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On the Mechanics of Firm Growth

by Erzo G.J. LuttmerWP657
(Feb 2008)
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2007

Sticky Prices and Sectoral Real Exchange Rates

by Patrick J. Kehoe and Virgiliu MidriganWP656
(Oct 2007)
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Intermediated Quantities and Returns

by Rajnish Mehra, Facundo Piguillem, and Edward C. PrescottWP655
(Sep 2007)
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Reply to Solow

by V. V. Chari and Patrick J. KehoeWP654
(Sep 2007)
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Asymmetric Expectation Effects of Regime Shifts and the Great Moderation

by Zheng Liu, Daniel F. Waggoner, and Tao ZhaWP653
(Jul 2007)
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Sales and the Real Effects of Monetary Policy

by Patrick J. Kehoe and Virgiliu MidriganWP652
(Apr 2007)
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Openness, Technology Capital, and Development

by Ellen R. McGrattan and Edward C. PrescottWP651
(Apr 2007)
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If Exchange Rates Are Random Walks Then Almost Everything We Say About Monetary Policy Is Wrong

by Fernando Alvarez, Andrew Atkeson, and Patrick J. KehoeWP650
(Mar 2007)
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New Goods and the Size Distribution of Firms

by Erzo G.J. LuttmerWP649
(Jan 2007)
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2006

On the Needed Quantity of Government Debt

by Kathryn Birkeland and Edward C. PrescottWP648
(Dec 2006)
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Comparing Alternative Representations and Alternative Methodologies in Business Cycle Accounting

by V. V. Chari, Patrick J. Kehoe, and Ellen R. McGrattanWP647
(Dec 2006)
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Technology Capital and the U.S. Current Account

by Ellen R. McGrattan and Edward C. PrescottWP646
(Nov 2006)
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Consumer Search and Firm Growth

by Erzo G.J. LuttmerWP645
(Oct 2006)
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Investment-Specific Technological Change, Skill Accumulation, and Wage Inequality

by Hui He and Zheng LiuWP644
(Aug 2006)
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Measurement with Minimal Theory

by Ellen R. McGrattanWP643
(Jul 2006)
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New Evidence on State Banking Before the Civil War

by Warren E. WeberWP642
(May 2006)
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2005

A Model of Banknote Discounts

by Laurence Ales, Francesca Carapella, Pricila Maziero, and Warren E. WeberWP641
(Nov 2005)
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Dynamic Contracting, Persistent Shocks and Optimal Taxation

by Yuzhe ZhangWP640
(Oct 2005)
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Stochastic Optimal Growth with a Non-Compact State Space (JEL C61, C62, O41)

by Yuzhe ZhangWP639
(Oct 2005)
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Accounting for the Heterogeneity in Retirement Wealth (JEL E21, H31, H55)

by Fang YangWP638
(Sep 2005)
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Smooth Nonexpected Utility without State Independence

by Hengjie AiWP637
(Aug 2005)
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Sweat Equity

by Ellen R. McGrattan and Edward C. PrescottWP636
(Jun 2005)
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Consumption Along the Life Cycle? How Different Is Housing? (JEL E21, H31, J14, R21)

by Fang YangWP635
(May 2005)
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Early State Banks in the United States: How Many Were There and When Did They Exist? (JEL G21, N21)

by Warren E. WeberWP634
(Apr 2005)
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2004

The Size Distribution of Firms in an Economy with Fixed and Entry Costs

by Erzo G.J. Luttmerwp633
(Jun 2004)
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Taxation, Entrepreneurship and Wealth

by Marco Cagetti and Mariacristina De Nardiwp632
(Jun 2004)
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An Economic Test of Structural VARs

by V. V. Chari, Patrick J. Kehoe, and Ellen R. McGrattanwp631
(May 2004)
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Efficiency with Endogenous Population Growth

by Mikhail Golosov, Larry E. Jones, and Michele Tertiltwp630
(Jan 2004)
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2003

Banknote Prices in the United States Prior to 1860

by Warren E. Weberwp629
(Oct 2003)
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Designing Optimal Disability Insurance

by Mikhail Golosov and Aleh Tsyvinskiwp628
(Jan 2003)
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Time-Varying Risk, Interest Rates and Exchange Rates in General Equilibrium

by Fernando Alvarez, Andrew Atkeson, and Patrick J. Kehoewp627
(Jan 2003)
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2002

The Optimal Degree of Discretion in Monetary Policy

by Susan Athey, Andrew Atkeson, and Patrick J. Kehoewp626
(Nov 2002)
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Equilibrium and Government Commitment

by Marco Bassettowp624
(Sep 2002)
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Banknote Exchange Rate in the Antebellum United States

by Warren E. Weberwp623
(Sep 2002)
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On the Robustness of Herds

by V. V. Chari and Patrick J. Kehoewp622
(May 2002)
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Business Cycle Accounting

by V. V. Chari, Patrick J. Kehoe, and Ellen R. McGrattanwp625
(Apr 2002)
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Competitive Equilibria with Limited Enforcement

by Patrick J. Kehoe and Fabrizio Perriwp621
(Apr 2002)
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Accounting for the Great Depression

by V. V. Chari, Patrick J. Kehoe, and Ellen R. McGrattanwp619
(Feb 2002)
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Prosperity and Depression: 2002 Richard T. Ely Lecture

by Edward C. Prescottwp618
(Jan 2002)
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2001

Optimal Indirect and Capital Taxation

by Mikhail Golosov, Narayana R. Kocherlakota, and Aleh Tsyvinskiwp615
(Jun 2001)
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On the optimality of transparent monetary policy

by Susan Athey, Andrew Atkeson, and Patrick J. Kehoewp613
(Apr 2001)
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A Game-Theoretic View of the Fiscal Theory of the Price Level

by Marco Bassettowp612
(Mar 2001)
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Exhuming Q: Market Power Capital Market Imperfections

by Russell Cooper and Joao Ejarquewp611
(Jan 2001)
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Interest Rates and Inflation

by Fernando Alvarez, Robert E. Lucas, Jr., and Warren E. Weberwp609
(Jan 2001)
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Limited Enforcement and Efficient Interbank Arrangements

by Thorsten V. Koppl and James MacGeewp608
(Jan 2001)
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2000

The 1990s in Japan: A Lost Decade

by Fumio Hayashi and Edward C. Prescottwp607
(Nov 2000)
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