Susanto Basu, John Fernald, Jonas Fisher, Miles Kimball, Jel Codes E
Abstract: Economic theory suggests that the economy’s response to a technology shock depends on the final-use sector that it affects. We provide a unified framework for measuring innovations to...
Jel Codes E, Jorge Araujo, Gerald Barney, Nicholas Carter, Hamid Davoodi, Cevdet Denizer, ...
foreign aid
Donald Bruce, M. H. Tuttle, Charles B. Garrison, Jel Codes E
ABSTRACT: We examine the importance of income and capital gains tax rates in explaining the share of national adjusted gross income (AGI) that is reported by the top one-half of one percent of all...
Manuscript number 07-009 (2006)
Jel Codes E, James D. Hamilton, Professor Of Economics
This paper has benefitted from helpful suggestions by anonymous referees. This paper explores the properties of daily changes in the prices for near-term fed funds futures contracts. The paper finds...
Fiscal Policy, Past and Present (2003)
Alan Auerbach University, Alan J. Auerbach, Alan J. Auerbach, Jel Codes E
This paper begins with a review of the current fiscal situation and the causes of its recent deterioration. As a guide to possible policy actions, it provides extensive estimates of past responses of...