Dirk Krueger’s Publications and Working Papers
| Shaping Inequality and Intergenerational Persistence of Poverty: Free College or Better Schools? | Alexander Ludwig and Irina Popova | January 2024, First Draft |
| Until the IRS Do US Part: (Optimal) Taxation of Households | Hans Holter and Sergei Stepanchuk | May 2023, Preliminary Draft |
| The Affordable Care Act After a Decade: its Impact on the Labor Market and the Macro Economy | Hanming Fang | Annual Review of Economics, 2022, Vol 14, 453-494. |
| One-Sided Limited Commitment and Aggregate Risk | Harald Uhlig, Yoshiki Ando | November 2023 |
| Neoclassical Growth Transition Dynamics with One-Sided Commitment | Harald Uhlig, Fulin Li | January 2023, Draft |
| Neoclassical Growth with Limited Commitment | Harald Uhlig | March 2024, Draft |
| Optimal Age-Based Vaccination and Economic Mitigation Policies for the Second Phase of the Covid-19 Pandemic | Andrew Glover and Jonathan Heathcote | Journal of Economic Dynamics and Control, July 2022, Vol 140, 1-18. |
| Health versus Wealth: On the Distributional Effects of Controlling a Pandemic | Andrew Glover, Jonathan Heathcote and Jose-Victor Rios Rull | July 2023, CEPR DP 14606, Forthcoming, Journal of Monetary Economics |
| The Fiscal and Welfare Effects of Policy Responses to the Covid-19 School Closures | Nicola Fuchs-Schuendeln, Andre Kurmann, Etienne Lale, Alex Ludwig, Irina Popova | February 2023, IMF Economic Review |
| The Long-Term Distributional and Welfare Effects of Covid-19 School Closures | Nicola Fuchs-Schuendeln, Alex Ludwig, Irina Popova | Economic Journal, Vol 132, July 2022, 1647-1683 |
| Macroeconomic Dynamics and Reallocation in an Epidemic: Evaluating the Swedish Solution | Harald Uhlig, Taojun Xie | Economic Policy, 2022, Vol 37, Issue 110, 341-398 |
| Hal Cole, George Mailath, Yena Park | August 2022, NBER WP 26667, CEPR DP 14333, Forthcoming, Review of Economic Studies | |
| Should Germany Have Built a New Wall? Macroeconomic Lessons from the 2015-18 Refugee Wave | Christopher Busch, Zainab Iftikhar, Alexander Ludwig, Irina Popova | Journal of Monetary Economics, Vol. 113, 28-55, 2020 |
| Optimal Taxes on Capital in the OLG Model with Idiosyncratic Income Risk | Alexander Ludwig | Journal of Public Economics, Vol 201, 1-14 |
| The Medical Expansion, Life-Expectancy and Endogenous Directed Technical Change |
Leon Huetsch, Alex Ludwig | November 2023, CEPR DP 18610 |
| How Do Households Respond to Income Shocks | Egor Malkov and Fabrizio Perri | March 2024, Newly Revised and Submitted, CEPR DP 18614 |
| Inter-generational Redistribution in the Great Recession | Andrew Glover, Jonathan Heathcote and Jose-Victor Rios Rull | Journal of Political Economy, Vol. 128, 3730-3778, 2020 |
| High Marginal Tax Rates on the Top 1% | Fabian Kindermann | NBER WP 20601, CEPR DP 10208, American Economic Journal: Macroeconomics, 2022, Vol 14(2), 319-366. |
| On the Welfare Costs of Consumption Fluctuations in the Presence of Memorable Goods | Rong Hai and Andrew Postlewaite | Quantitative Economics, Vol. 11, 1177-1214, 2020 |
| Consumption Insurance Against Wage Risk: Family Labor Supply and Optimal Progressive Income Taxation | Chunzan Wu | American Economic Journal: Macroeconomics, 2021, Vol. 13, 79-113 |
| How Does Tax Progressivity and Household Heterogeneity Affect Laffer Curves? | Hans Holter and Sergei Stepanchuk | Quantitative Economics, Vol. 10, 1317–1356, 2019 |
| Analyzing the Effects of Insuring Health Risks: On the Tradeoff between Short Run Insurance Benefits vs. Long Run Incentive Costs | Hal Cole and Soojin Kim | Review of Economic Studies, Vol 86, 1123-1169, February 2019 |
| On the Distribution of the Welfare Losses of Large Recessions | Kurt Mitman and Fabrizio Perri | Advances in Economics and Econometrics: 11th Econometric Society World Congress in Montreal, March 2016 |
| Macroeconomics and Heterogeneity, Including Inequality | Kurt Mitman and Fabrizio Perri | 2017 Handbook of Macroeconomics (Vol 2B, chapter 11), March 2016 |
| On the Optimal Provision of Social Insurance: Progressive Taxation versus Education Subsidies in General Equilibrum | Alexander Ludwig | Journal of Monetary Economics Vol. 77, pp. 72-98, January 2016 |
| Housing, Mortgage Bailout Guarantees and the Macro Economy | Karsten Jeske and Kurt Mitman | Journal of Monetary Economics Vol. 60, pp. 917-935 September 2013 |
| Optimal Progressive Taxation and Education Subsidies in a Model of Endogenous Human Capital Formation | Alexander Ludwig | American Economic Review P&P, Vol. 103, pp. 496-501. January 2013 |
| A Dynamic Model of Housing Demand: Estimation and Policy Implications | Patrick Bajari, Phoebe Chan, Dan Miller | International Economic Review Vol. 54, pp. 409-442 February 2012 |
| Fabrizio Perri | Journal of Economic Theory Vol 146, pp. 920-956 October 2010 |
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Solving the Multi-Country Real Business Cycle Model using a Smolyak-Collocation Method |
Felix Kubler, Benjamin Malin | Journal of Economic Dynamics and Control Vol 35, pp. 229-239 July 2010 |
| Consumption and Saving over the Life Cycle: How Important are Consumer Durables? | Jesus Fernandez-Villaverde | Macroeconomic Dynamics, Vol 15, pp. 725-770 February 2010 |
| Cross-Sectional Facts for Macroeconomists | Fabrizio Perri, Luigi Pistaferri, Gianluca Violante | Review of Economic Dynamics, Vol 13(1), pp. 1-14 October 2009 |
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When is Market Incompleteness Irrelevant for the Price of Aggregate Risk? |
Hanno Lustig | Journal of Economic Theory, Vol 145, pp. 1-41 September 2009 |
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Inequaliy Trends for Germany in the Last Two Decades: A Tale of Two Countries |
Nicola Fuchs-Schuendeln and Mathias Sommer |
Review of Economic Dynamics, Vol 13(1), pp. 103-132 September 2009 |
| Juan Carlos Conesa, Sagiri Kitao | American Economic Review, Vol. 99 (1), 25-48 April 2008 |
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| Evaluating Asset Pricing Models with Limited Commitment using Household Consumption Data | Hanno Lustig, Fabrizio Perri | Journal of the European Economic Association, Vol. 6 (2-3), 715-726 November 2007 |
| Origins and Consequences of Child Labor Restrictions: A Macroeconomic Perspective | Matthias Doepke | P. Rupert (ed.) Frontiers in Family Economics October 2007 |
| Markov equilibria in macroeconomics | Felix Kubler | The New Palgrave: A Dictionary of Economics, 2nd Edition, 2008 August 2006 |
| On the Consequences of Demographic Change for Rates of Returns to Capital, and the Distribution of Wealth and Welfare | Alexander Ludwig | Journal of Monetary Economics, Vol. 54(1), pp. 49-87 August 2006 |
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Consumption over the Life Cycle: Facts from the Consumer Expenditure Survey |
Jesus Fernandez-Villaverde | Review of Economics and Statistics, Vol. 89(3), pp. 552-565 May 2006 |
| Public Insurance against Idiosyncratic and Aggregate Risk: The Case of Social Security and Progressive Income Taxation | CESifo Economic Studies, Vol. 52(4), 587-620. May 2006 |
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Pareto Improving Social Security when Financial Markets are Incomplete!? |
Felix Kubler | American Economic Review, Vol. 96(3), pp. 737-755 September 2005 |
| Does Income Inequality Lead to Consumption Inequality? Evidence and Theory Data and Documentation can be found here Readme File for the Program |
Fabrizio Perri | Review of Economic Studies, Vol. 73(1), pp. 163-193 August 2005 |
| A Description of My Research in the SED Newsletter | Fabrizio Perri | Economic Dynamics Newsletter, Volume 6, Issue 2, April 2005 April 2005 |
| On the Optimal Progressivity of the Income Tax Code | Juan Carlos Conesa | Journal of Monetary Economics, Vol. 53(7), pp. 1425-1450 March 2005 |
| Competitive Risk Sharing Contracts with One-Sided Commitment Theoretical Appendix with Extensive Proofs |
Harald Uhlig | Journal of Monetary Economics, Vol. 53(7), pp. 1661-1691 February 2005 |
| Understanding Consumption Smoothing: Evidence from US Consumer Expenditure Data? | Fabrizio Perri | Journal of the European Economic Association, Vol. 3 (2-3), pp. 340-350 November 2004 |
| US-Europe Growth Differences: The Role of Education | Conference Volume of 32nd Annual Meeting of the Austrian National Bank November 2004 |
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| The Effects of Demographic Changes on Aggregate Savings: Some Implications from the Life Cycle Model | CFS Conference Volume: Capital Markets in the Long Term: Demography, Economic Development and Funded Pension Systems November 2004 |
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| Skill-specific rather than General Education: A Reason for US-Europe Growth Differences? | Krishna Kumar | Journal of Economic Growth, Vol. 9(2), pp. 167-207 February 2004 |
| Economic Inequality and the Emergence of Child Labor Laws | Jessica Tjornhom | International Economic Review, Vol. 46(3), pp. 785-815 February 2004 |
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US-Europe Differences in Technology-Driven Growth: Quantifying the Role of Education Appendix with Detailed Characterization of Balanced Growth Path |
Krishna Kumar | Journal of Monetary Economics, Vol. 51(1), pp. 161-190 July 2003 |
| On the Welfare Consequences of the Increase in Inequality in the United States | Fabrizio Perri | 2003 NBER Macro Annual, pp. 83-121 June 2003 |
| Computing Equilibrium in OLG Models with Stochastic Production | Felix Kubler | Journal of Economic Dynamics and Control, Vol. 28(7), pp. 1411-1436 February 2003 |
| Intergenerational Risk Sharing via Social Security when Financial Markets are Incomplete | Felix Kubler | American Economic Review P&P, Vol. 92(2), pp. 407-410 January 2002 |
| Social Security with Heterogeneous Agents | Juan Carlos Conesa | Review of Economic Dynamics, Vol. 2(4), pp. 757-795 April 1998 |