Papers Macro Reading List
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ProponentTopicAuthorPaperHyperlink
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Yuriy GPrice dispersionGuido Menzio“Shopping
Externalities and Self-Fulfilling Unemployment Fluctuations,”
http://web-facstaff.sas.upenn.edu/~gmenzio/linkies/KM.pdf
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Guido Menzio“The Morphology of Price Dispersion,”http://web-facstaff.sas.upenn.edu/~gmenzio/linkies/KM2.pdf
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Joel Sobel"The timeing of sales"http://econweb.ucsd.edu/~jsobel/Papers/Timing.pdf
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Zhou"Multiproduct Search and the Joint Search Effect"
https://www.aeaweb.org/articles.php?doi=10.1257/aer.104.9.2918
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Burdett and Judd"Equilibrium price dispersion"http://www.jstor.org/stable/1912045
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LachExistence and Persistence of Price Dispersion: An Empirical Analysishttp://www.mitpressjournals.org/doi/abs/10.1162/003465302320259457#.Vd5GAJdGwWA
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POGSome interesting recent PapersMartin BerajaA Semi-Structural Methodology for Policy Counterfactuals and an Application to Fiscal Unions, Beraja (Chicago)http://home.uchicago.edu/~maberaja/Martin_Beraja_JMP.pdf?dl=0
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Beraja, Hurst, VavraRegional Heterogeneity and Monetary Policyhttp://home.uchicago.edu/~maberaja/BFHV_paper_Nov_2016.pdf?dl=0
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DuprazA Kinked-Demand Theory of Price Rigidityhttp://www.columbia.edu/~sd2702/Kink.pdf
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Dupraz, Nakamura, SteinssonA Plucking Model of Business Cycleshttp://www.columbia.edu/~sd2702/Plucking.pdf
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Nakamura SteinssonThe Elusive Costs of Inflation: Price Dispersion during the U.S. Great Inflationhttp://www.columbia.edu/~en2198/papers/costsinflation.pdf
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Nakamura SteinssonHigh Frequency Identification of Monetary Non-Neutrality: The Information Effecthttp://www.columbia.edu/~en2198/papers/realrate.pdf
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Ernest LiuIndustrial Policies and Economic Developmenthttp://economics.mit.edu/files/12368
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Simon MongeyMarket structure and monetary non-neutrality https://dl.dropboxusercontent.com/u/33126512/JMP_Mongey_Market_Structure_Monetary.pdf
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Benjamin SchoeferEmpirical frontiers: price setting
intro readings: Malin, Klenow (Handbook 2012); Nakamura + Steinsson (QJE 2008)"Microeconomic Evidence on Price-Setting" + ""Five Facts about Prices: A Reevaluation of Menu Cost Models""http://qje.oxfordjournals.org/content/123/4/1415.short
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Carlsson, Nordström Skans (AER 2012)
Evaluating Microfoundations for Aggregate Price Rigidities: Evidence from Matched Firm-Level Data on Product Prices and Unit Labor Costhttps://www.aeaweb.org/articles?id=10.1257/aer.102.4.1571
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Vavra and Stroebel (WP 2016; around for a while)House Prices, Local Demand, and Retail Priceshttps://papers.ssrn.com/sol3/papers.cfm?abstract_id=2500457
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Gilchrist, Schoenle, Sim, Zakrajsek (forthcoming AER)
+++ Chevalier and Scharfstein (QJE 1996)
Inflation Dynamics During the Financial Crisis +++ Capital-Market Imperfections and Countercyclical Markups: Theory and Evidencehttp://people.bu.edu/sgilchri/research/GSSZ_InflationDynamics.pdf
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http://www.people.hbs.edu/dscharfstein/CAPITAL_MARKET_96.pdf
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Nakamura, Steinsson, Sun, Villar (2016)The Elusive Costs of Inflation: Price Dispersion during the U.S. Great Inflationhttp://www.columbia.edu/~en2198/papers/costsinflation.pdf
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Gopinath and Itskhoki (QJE 2012)Frequency of Price Adjustment and Pass-Throughhttp://qje.oxfordjournals.org/content/125/2/675.short
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AndresGrowthItskhoki and MollOptimal Development Policies with Financial Frictionshttp://www.princeton.edu/~itskhoki/papers/FinFrictionsDevoPolicy.pdf
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Grossman, Helpman, Oberfield and SampsonBalanced Growth Despite Uzawahttps://sites.google.com/site/ezraoberfield/Uzawa.pdf?attredirects=0
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Klenow et. al. How Destructive is Innovationhttp://klenow.com/DestructiveInnovation_GHK.pdf
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Klenow et. al. Missing Growth from Creative Destructionhttp://klenow.com/missing-growth.pdf
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